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Burgum offers a 2025-2027 executive budget featuring no tax increases

Burgum proposed a $19.5 billion budget without tax increases, projecting oil production of 1.1 million barrels per day and prices of $62 and $60 per barrel for 2025-27.
Oil taxes are crucial for funding education, property tax relief, and infrastructure, as noted by Rep. Mike Nathe, a House budget writer.
The budget anticipates a 12% revenue increase over forecast, with oil taxes exceeding projections by 13%, adding $475 million.

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KVRR Local News

Gov. Doug Burgum Presented 2025-2027 Budget With Focus On Stability For North Dakotans

BISMARCK, N.D. (KVRR) — Gov. Doug Burgum presents his final executive budget proposal to the North Dakota legislature. The proposed budget for 2025-27 is at $19.6 billion, a slight decrease from the current two-year budget. He offered a rosy budget picture based largely on the success in extracting near-record levels of oil and gas. He wants to improve housing affordability, accessibility, and workforce programs. The proposal includes no new tax…

3 months ago·North Dakota, United States

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The Epoch Times

Burgum Presents Final Budget ‘Roadmap’ as North Dakota Governor

North Dakota’s outgoing Gov. Doug Burgum used his final budget address to state lawmakers on Dec. 4 to advocate for education, housing, and child care funding to help grow the state’s workforce. Addressing a joint session of the state’s Legislative Assembly, Burgum noted that despite inflation and a growing population, North Dakota’s economic position remains “strong” with full reserve funds and revenues exceeding initial projections for the cur…

3 months ago·New York, United States

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Inforum

Port: No more budget addresses from lame-duck governors, please

What is the point of a protracted budget speech by an elected official who will have nothing to do with approving the next budget?

3 months ago·Fargo, United States

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Associated Press News

+7 Reposted by 7 other sources

North Dakota governor charts his path to Interior with a rosy state oil and gas outlook

BISMARCK, N.D. (AP) — President-elect Donald Trump has given his choice for Interior secretary a mandate to “Drill baby drill,” and on Wednesday his pick, North Dakota Gov. Doug Burgum, offered a rosy budget picture to lawmakers based largely on his state’s success in extracting near-record levels of oil and gas from the ground. Burgum, whose term ends next week, noted North Dakota’s status as the nation’s No. 3 oil-producing state in his final …

3 months ago·United States

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KX NEWS

Burgum offers a 2025-2027 executive budget featuring no tax increases

BISMARCK, ND (KXNET) — Governor Doug Burgum Wednesday presented his final executive budget address to the 69th Legislative Assembly, proposing a $95 million package to improve housing affordability, accessibility and stability during the 2025-27 biennium, and an additional $54 million for workforce-related programs including child care support, to continue addressing the state’s workforce shortage. And all of that with no new taxes. Burgum spoke…

3 months ago·North Dakota, United States

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AM 1100 The Flag WZFG

Burgum gives final executive budget recommendations

(BISMARCK, ND) – In his final budget address to the combined North Dakota Legislative Assembly Wednesday, North Dakota Governor Doug Burgum introduced a number of initiatives aimed at the betterment of North Dakota residents. Burgum, who did not run for reelection and is President-elect Donald Trump’s nominee for the Secretary of the Interior, delivered the budget to the legislature Wednesday on the final day of the group’s organizational sessio…

3 months ago

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