Revenues strong despite lowered forecast
BISMARCK – A revised state revenue forecast supports significant investments in property tax relief and other priorities despite a downward adjustment in oil tax revenue, Gov. Kelly Armstrong said in information released Thursday. “North Dakota homeowners being squeezed by high property taxes are demanding property tax relief and reform, and this revenue forecast confirms that we can afford to deliver the meaningful relief they deserve,” Armstrong said in a news release. “Thanks to our conservative approach to budgeting, even with a projected dip in oil tax revenues, we can still ...