Revised Forecast Predicts $4 billion Drop in N.D. Oil and Gas Tax Revenue

Legislators will be working off a newly revised revenue forecast as they plan the budget for the next biennium. Lower oil prices and a lower tax rate for oil producers (as a result of the lower prices) will result in $4 billion less in revenue.

 

This article was sourced from:

Mike Nowatzki, InForum

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Josh Wolsky

Developer & Writer @TheMinot Voice, Fan of the Souris River, There's a lot to Savor about Minot. Fortunate to be a 'former' City Council member ;)

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