2 Gladstone residents killed in I-94 accident

Sections

Weather Forecast

Close
Advertisement

Report on rainy day funds ranks N.D. 2nd in tax volatility, but doesn’t consider Legacy Fund

Email

BISMARCK – A new report on state governments’ rainy day funds ranked North Dakota as the second most tax-volatile state in the nation, but the analysis didn’t consider the state’s more than $2 billion Legacy Fund from oil and gas tax revenues.

The report released Tuesday by The Pew Charitable Trusts, titled “Building State Rainy Day Funds,” focused only on budget stabilization funds that states use to manage ups and downs in tax revenue.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Mike Nowatzki
Mike Nowatzki reports for Forum News Service. He can be reached at (701) 255-5607.
Advertisement
Advertisement
randomness