
Understanding North Dakota's Budget Breakdown and Oil REvenue Impact with Joe Morrissette
Morrissette explains what the OMB does, how it collaborates with legislators and the governor, and where North Dakota’s budget dollars truly come from. The conversation breaks down the state’s General Fund, revealing that sales tax revenue continues to grow even amid national economic uncertainty. Morrissette highlights the major role the oil and gas industry plays in state revenue and the ongoing challenge of managing budget forecasts in such a volatile market. They also examine reserve fund balances, the importance of fiscal responsibility, and how property tax relief efforts impact the overall state budget.









