Tag Archives: tax revenues

Has North Dakota Stopped the Bleeding on Tax Revenues?

Has North Dakota Stopped the Bleeding on Tax Revenues?

When the most recent oil and gas activity report came out from the Department of Mineral Resources earlier this month I noted that, while overall oil production had fallen below 1 million barrels per day for the first time in 28 months, drilling activity has actually been increasing by small amounts in recent months. Why

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

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