August revenues slow
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The Associated Press reports that New Hampshire revenues lagged projections in August.
New Hampshire’s tax collections in August fell $5 million below projections, but the state still remains slightly ahead of estimates for the year.
Administrative Services Commissioner Linda Hodgdon said revenues were $107 million instead of the $112 million projected. She said the state remains ahead of estimates by almost $3 million for the year.
Hodgdon said August is a small revenue month for the state, unlike September which is one of the largest tax collection months. Other large revenue months are December, March, April and June.
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Tags: Associated Press, Revenues
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