BISMARCK (KCND) – Oil tax money is now flowing into the city and municipal infrastructure fund.
That’s commonly referred to as the “Prairie Dog” fund. For September, collections exceeded what was forecast by $77 million. For the biennium to date, collections are $598 million over that forecast.
State budget director Joe Morrissette says that funding is split between cities, counties, and townships. He says that will continue to fill until it reaches $250 million, $30 million of that will go toward airport improvements.
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