budgeting

Join the offices of Congresswoman Kuster and Congressman Pappas for a Virtual Grants and Federal Resources Workshop.
 

Default budgets are a particularly complicated area of municipal finance that have widespread impacts in official ballot (“SB2”) towns and school districts.

The Budget and Finance workshop is targeted to municipal officials and employees involved in the budgeting process, including members of governing bodies and budget committees, town managers, administrators, and finance staff.

PROGRAM

9:00 am – Welcome Remarks
Margaret Byrnes, Executive Director, NH Municipal Association

Join us in this informational session hosted by U.S. Senator Jeanne Shaheen and the New Hampshire Municipal Association to learn more about the bipartisan Infrastructure Investment and Jobs Act, historic legislation signed into law last year that invests in our nation’s core infrastructure priorities – including roads and bridges, rail, transit, ports, airports, the electric grid, water systems and broadband.

Attention Non-Entitlement Units of Government (NEUs)!

Learn more about Local Fiscal Recovery Funds, distribution, allowable uses, and federal reporting.

Except for the 5 "metropolitan cities" in New Hampshire (Nashua, Manchester, Dover, Rochester & Portsmouth) all municipalities are NEUs under ARPA/Treasury guidance.

Linked below is the recording for the NEU webinar to be hosted on GOFERR’s webpage.

The property tax system is the primary method of financing local governments in New Hampshire, while State tax revenues come from a wide variety of sources.  Unfortunately, New Hampshire’s tax system fails to meet at least two critical criteria for evaluating state tax systems – it neither generates revenue in an equitable manner nor does it yield an amount of revenue adequate for maintaining essential public services.

Class 2:  Financial Responsibilities

This session will explain the fundamental concepts of governmental budgeting, finance and taxation.