Tag Archives: office of management and budget

North Dakota General Fund Tax Revenues Down 16.7 Percent In April

North Dakota General Fund Tax Revenues Down 16.7 Percent In April

Oil prices have fallen, and oil activity in North Dakota has slowed down. This is showing up in the state in all sorts of ways from declines in airline boardings to projected falls in enrollment for oil patch schools. It is starting to show up in the state’s tax revenue streams too per the Office

North Dakota's Tax Revenues Did Not Actually Decline 46 Percent In The Third Quarter

Yesterday evening I wrote about a report from the Rockefeller Institute of Government, picked up by Reuters, which described North Dakota’s tax revenues as declining 46.7 percent in the third quarter of 2014 compared to the previous year. I was skeptical because the state’s monthly reports concerning general fund revenues have shown steady growth. The

North Dakota General Fund Tax Revenues Up 89 Percent Since 2010

Tax policy is going to be a hot debate yet again heading into the 2015 session, and while the rate of general fund tax revenue growth has slowed a bit in the 2013-2015 biennium to date (compared to 2011-2013), growth is still strong. The latest general fund revenue report through August shows the state beating

North Dakota Tax Revenues Up 16.7% Through February

The latest general fund revenue numbers are out from North Dakota’s Office of Management and Budget. Last month’s report showed biennium-to-date numbers up 19.2 percent, or more than $298 million. This month that’s down a bit. Revenues through February are up 16.2 percent, or $282 million. Here’s a chart showing the cumulative monthly revenues to

Through January North Dakota Biennium Revenues Up Nearly $300 Million

The latest revenue numbers for North Dakota are out from the state Office of Management and Budget covering the biennium through the month of January, and biennium to date the state is up nearly $300 million in tax collections over the 2011-2013 biennium. That’s a roughly 19.2 percent bump. Compared to the 2009-2011 biennium, revenues

Inaccurate North Dakota Revenue Forecasts Make Sound Policy Choices Difficult

In this letter to the editor in the Fargo Forum from Tom Fiebiger, a former state legislator whose name has been thrown around as a possible US House candidate for Democrats, makes a valid and important point. Fiebiger complains that the state’s forecasts for revenues have been off by troublingly wide margins, and that’s hurt the ability

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