Mar 26, 2015 11:15 AM
NH House budget writers hit universities to avoid transportation cuts
The Associated Press
CONCORD (AP) - NH House budget writers are taking money from the university system and the state's renewable energy fund to avoid layoffs in the transportation department.
The House Finance Committee approved the changes Thursday to avoid a $68 million reduction in the state's highway fund, which pays for road and bridge projects and maintenance. Rather than increasing the gas tax, the House budget reduces the governor's appropriation to the university system by $14.5 million and takes away $51 million from the renewable energy fund. The change holds the university system at its existing funding levels.
The Department of Transportation will still face about $20 million in maintenance cuts.
Budget writers also voted to cap how much state aid public schools can lose in 2017 under a change in the funding formula at $750,000.