Tag Archives: revenue forecasts

North Dakota Republican Sen. Ray Holmberg, R-Grand Forks, addresses members of the House and Senate appropriations committees Monday, Jan. 7, 2019. John Hageman / Forum News Service

State Lawmakers Should Be Wary of Their Own Revenue Forecast

State Lawmakers Should Be Wary of Their Own Revenue Forecast

In North Dakota, when the politicians are writing budgets, they aren’t spending money they have. They’re spending money revenue forecasts predict they’ll have. The lawmakers and various executive branch leaders are, as I write this, down in Bismarck beginning the work of hashing out how to appropriate a two-year budget that will exceed $14 billion

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