State Budgets 2012: North Dakota
To see more state budget news and information, visit State Budgets 2012.
- Legislative Session for 2012: No Regular Session
- Fiscal Year Begins: July
- Frequency of Legislative Cycle: Biennial
- Frequency of Budget Cycle: Biennial
Learn more from the National Association of State Budget Officers
Budget News and Information: 2012
3/2/2012: Transportation Needs in Western North Dakota
With the increase in traffic on western North Dakota roads, the state invested $290 million in 2011 and will invest an additional $305 million this year on state highways as NDDOT aggressively addresses infrastructure improvements to enhance safety and traffic movement.
The state of North Dakota budgeted an unprecedented amount of state funding for transportation projects including $142 million (biennium total) to address the greatest local roadway needs on county and township road reconstruction in the 17 oil impact counties. The money is for paved and gravel roadways. To date, $25 million has been spent. The remainder is expected to be spent this year.
Read More: Prairie Business
Previous Legislative Cycle
3/9/11: Higher Ed Budget
North Dakota Senators are feeling the pressure to restore millions of dollars to the state's Higher education budget...
The House shaved $32 million from the Governor's recommendations to fund state college and universities.
Read More: KXnet.com
2/25/11: Surging Oul Prices Bad for Drivers, but North Dakota's Coffers Stand to Benefit
Surging oil prices driven by political turmoil in the Middle East could mean the sticker shock at local gas pumps will continue.
But if crude stays as high as it has swelled in recent days, it would also usher in an even bigger boon in oil revenue for North Dakota than already projected – perhaps $400 million more over two years, according to estimates provided by a state tax analyst.
Read More: AGWEEK