New Hampshire Town Historic Spending and Revenue; 2001, 2007, 2012
Date: January 29th, 2014
This year we wanted to look at how cities and towns responded to the economic downturn, which began at the end of 2007, and the impact on municipal budgets. When faced with the profound economic strains brought on by the Great Recession, cities and towns had two basic choices to make in order to continue to balance their budgets: either cut spending and reduce services, or increase revenues through higher fees and property taxes.
This detailed look at town finances for the years 2001, 2007 and 2012 was developed for the 2014 Town Meeting season. For each town we show municipal appropriations by major category (general government, police, fire, highways, local schools, etc.) and major sources of revenue, including property taxes, licensing fees and receipts, and state and Federal contributions to the municipality. We have included a column showing appropriations and revenue per person, adjusted for inflation.