That 130 Million Dollar NH Budget Surplus?

budget-holeWe brought in revenue above projections but someone already spent it.

A projected end-of-year surplus, previously estimated as high as $130 million, does not exist, [Sununu] said.

“I’m not sure if it ever existed. When we got in and started looking at the numbers, it’s just not there. We have had some favorable numbers on the revenue side, but it’s either been overspent or not controlled, so the $130 million surplus we heard about is just not a reality for us at this time.”

Too big government with lazy caretakers will do that to you. Let’s see if Gov. Sununu can do better.

c/o Dave Solomon – Union Leader