NH receives $30M above plan for December

Associated Press

CONCORD, N.H. (AP) -- New Hampshire's tax receipts for December are $30 million above estimates, thanks to payments expected in other months.

The state got $14 million in hospital taxes in December that were expected earlier in the year. Also, a $10 million payment expected this month was paid in December.

Total revenues for the year lag $13 million behind projections largely due to unpaid hospital taxes.

Taxes on business and property sales also were above estimates last month, but tobacco and telecommunication tax receipts continue to lag.

The state took in $203 million during the month, bringing the total collected this fiscal year to $864 million.