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John Mercier

NH F&G

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Good News.

Revenue to the NH F&G so far has been coming in above plan. Seems COVID is resulting in the sale of more licenses and registrations as consumers change recreational habits.

The NH F&G SAR finally went positive. 

The fund paid back all previous negative balances and has a surplus in the account of $18,610 as if July 1st.

 

They are noting that M&R is still coming in below plan... which means that it may be a bit rough for the municipality finances (they get a part of the M&R receipts). Of course, the Legislature could expanded transfers to the municipalities... and may have to do so depending on the outcome of the current educational mandate court cases.

 

 

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"this year" here in this story refers to the NH fiscal year which starts on July 1. Our first quarter ended September 30. There's been magic happening with the revenue numbers, and there are still restricted Federal COVID funds available.

"The Fish and Game Fund continues to show a surplus in revenues, producing $2.8 million for September and $5.5 million for the year to date, which is $2.8 million more than anticipated."

http://indepthnh.org/2020/10/06/state-revenues-rebound-despite-the-pandemic/

 

 

Edited by jhwentworth

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