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Governor Maggie Hassan submit her proposed FY 2014-2015 budget to the legislature on February 15. The House and Senate have until the end of this fiscal year, June 30th, to hash out an agreement.
New Hampshire’s operates on a biennial budget.
According to the Sunshine Review:
New Hampshire has a total state debt of approximately $15,142,336,000 when calculated by adding the total of outstanding official debt, pension and other post-employment benefits (OPEB) liabilities, Unemployment Trust Fund loans, and the FY2013 budget gap. The state debt total is for FY2013 is up slightly from the FY2012 state total of $14,955,434,000.