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March's state revenue beats estimates by more than $6.7m
Department of Administrative Service Commissioner Linda Hodgdon said while the state is on track, several levies need careful watching including business taxes and liquor revenue, which was $1.1 million below estimates for the month at $9.3 million due to construction at the Hooksett rest area stores on Interstate 93.
The state collects a significant portion of its business taxes in March and April.
The loss in business taxes was more than made up in insurance premium taxes, which were $7.6 million more than estimates for March at $79 million.
March revenues figures include the statewide education property tax, which is $363.6 million of the $621.1 million total.
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