Thu. Nov 28th, 2024
Gambling, stock market, investments produce state revenue surplus

CONCORD — Betting on sports and other lottery games, a record stock market and interest on millions in federal grants helped the state to a surplus despite shortfalls in four of the state’s five biggest levies for the budget year that ended last week.

Gov. Chris Sununu, who is leaving office at year’s end, said he anticipates a return to tighter budgeting, not only because of an uncertain national economy, but because billions of federal aid for COVID-19 and other relief is ending this year.

By Xplayer