North Dakota unveils $19.8 billion budget with historic tax relief and infrastructure investments

January 15, 2025 | Appropriations, Senate, Legislative, North Dakota


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North Dakota unveils $19.8 billion budget with historic tax relief and infrastructure investments
North Dakota's Senate Appropriations Committee has unveiled a comprehensive budget proposal that promises significant investments and reforms aimed at enhancing the state's infrastructure, education, and property tax relief. The proposed general fund budget totals $6.6 billion, contributing to an overall budget of $19.8 billion.

Key highlights from the budget include a historic allocation of $483.4 million dedicated to property tax relief and reform, alongside $464 million earmarked for bonding construction projects. The budget also proposes $44.3 million for education savings accounts and $50 million for higher education challenge grants. Additionally, over $16 million is set aside to staff and operate the newly expanded Grand Forks County Correction Center, addressing urgent prison overcrowding issues.

This budget reflects a strategic shift from previous proposals, with a focus on maximizing taxpayer investment. The administration has made substantial cuts, reducing the previous executive budget's full-time equivalent (FTE) positions from 610 to 530. This reduction includes the elimination of 122 positions, although 35 high-priority roles were reinstated, particularly in corrections.

The budget also scales back on the proposed Missouri River Correctional Center project, allocating $400 million solely for planning purposes, a significant reduction from earlier estimates.

Overall, this budget represents a concerted effort to balance fiscal responsibility with essential services, aiming to foster growth and stability in North Dakota's communities. As the Senate Appropriations Committee moves forward, the implications of these financial decisions will be closely monitored by stakeholders across the state.

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Scribe from Workplace AI
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