Governor Delivers Budget Address

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Governor Delivers Budget Address

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By Donnell Preskey, Assistant News Director - email

North Dakota Gov. Jack Dalrymple is recommending a $12.8 billion, two-year budget to the Legislature.

Dalrymple's blueprint includes big spending increases for public works, local schools and North Dakota's university system.

It provides slight reductions for North Dakota's income taxes on corporations and individuals.

It gives western North Dakota's oil-producing counties a greater share of state tax revenues.

It sets aside chunks of oil tax money for renewable energy and conservation projects.

And it gives back to residents.

(Governor Jack Dalrymple) "It is important that he hard-working men and women of North Dakota see a substantial share of economic gains, reflected in their tax bills. By 2015, our tax-paying citizens will have received 2.1 billion dollars in tax savings over three biennium's." says Governor Jack Dalrymple.

Dalrymple wants the Legislature to double the current state subsidy for local property taxes to $714 million.

If the idea is approved, Dalrymple says local school property taxes will be about one-third of what they were more than five years ago.

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