Any surplus beyond increasing our Rainy Day Fund to a total of $100 million, will be placed in a newly created Infrastructure Revitalization Fund. And barring unexpected expenses, savings beyond those funds will be sent directly to our local communities.
We need to unleash the potential of our economy to spur job growth and provide better opportunities for both businesses and workers throughout the state.
In addition, there will be a Small Business Advocate as part of this department, whose emphasis will be to represent the interests of New Hampshire's small business owners before state agencies, ensuring the voice of New Hampshire's small business community is heard, loud and clear.
The University and Community College Systems of New Hampshire are key to these effort and we will continue to make investments in our partnership. In doing so, my budget proposes a significant increase to the operating budget of the Community College System, which is doing a great job in providing a gateway to New Hampshire's workforce development.
My budget proposes $10 million in capital investment into community college infrastructure. Also, today I am proud to establish the Governor's Scholarship program, with $5 million to directly assist high school students to attend colleges in New Hampshire.
One of the other critical areas of public health and safety that this administration is making a priority is drinking water. There is no bigger public trust than every time we as citizens turn on that faucet. We trust that our government has done their job in ensuring clean water for us and our children.
New Hampshire has protected the Drinking Water and Groundwater Trust Fund. This fund of nearly $300 Million stands ready to be invested in vital infrastructure improvements across the state. Funds that can now be used in partnership with local communities to secure one of our most precious resources.
This budget requires the Commissioner of Health and Human Services to make quarterly reports, not just to me, but to Legislative leadership about where we actually stand on our true costs so we can become a more nimble government that is responsive not just reactive. As governor, I won't make people wait until after an election to discover we may have a shortfall. We have to be transparent. We have to be honest with the people and honest with ourselves.
Specifically, we're going to double grants to towns for roads and bridges--a chronic deferred maintenance issue at the local level.
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The above quotations are from 2017 Governor's State of the State speeches.
Click here for other excerpts from 2017 Governor's State of the State speeches. Click here for other excerpts by Chris Sununu. Click here for other excerpts by other Governors.
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