Happy New (State Fiscal) Year, New Hampshire!

By: Emily Soule, State Policy Fellow

Outlets: NHFPI

Published: June 29, 2026

Words: 678

Last Updated: 1 month ago

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At NHFPI, we wish you all a Happy New Year! Wednesday, July 1, 2026 will mark the beginning of State Fiscal Year (SFY) 2027.

So, what does the new fiscal year mean for Granite Staters?

The Two-Year Budget Cycle

In New Hampshire, the State Budget spans two fiscal years, a period known as a “biennium.” Although a biennial budget is not typical for a state, it is not rare. New Hampshire is one of

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