BISMARCK, N.D. (AP) - North Dakota’s Republican-led Legislature is less bullish on the state’s economy than the former governor, and have lowered expectations on tax collections by more than $170 million.
That’s for the next two-year budget cycle.
Members of the appropriations committees are to adopt the fresh state revenue estimates Thursday. They’ll use the data to write the two-year budget that starts July 1.
Former GOP Gov. Jack Dalrymple presented his $13.4 billion spending plan last month, right before leaving office.
The Legislature’s budget plan predicts lower oil prices than Dalrymple set in his proposal.
Republican Gov. Doug Burgum says he won’t give lawmakers a budgetary starting point until late January.
Copyright © 2021 The Washington Times, LLC.