NORTH DAKOTA ASSOCIATION OF COUNTIES. SURGE FUNDING PROPOSAL.

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Presentation transcript:

NORTH DAKOTA ASSOCIATION OF COUNTIES

SURGE FUNDING PROPOSAL

FUNDING SOURCE The Dollars for the Surge Funding would come from the Strategic Investment and Improvement Fund (SIIF) Projected Fund Balance June 30, $1,200 M (1.2 B) Surge Funding Proposal would use $806 M

BIG TEN COUNTIES Counties that collect $5 Million per year in Gross Production Tax. $300 Million

CITIES IN BIG TEN COUNTIES Population of 50 or more. $166 Million

HUB CITES Williston, Dickinson and Minot $140 Million

SCHOOLS IN BIG TEN COUNTIES 1.75 M per school per year missed in last sessions HB counties x 1.75 M x 2 years = 35 M $35 Million

NON-BIG TEN POLITICAL SUBDIVISIONS Bakken Boundary Cities $20.0 M Counties (43) M Townships 17.4 M Total M $165.0 Million

Bakken Boundary Cities 20.0 M Non-Big Ten Oil Producing Counties M Non-Big Ten Oil Producing Townships 17.4 M Total Non-Big Ten M $165 M Total Surge Funding Package $806 M Summary 10 Counties that collect $5 million per year in Gross Production Tax$300 M Cities in the 10 Counties that collect $5 million per year in Gross Production Tax$166 M Hub CitiesWilliston, Dickinson and Minot$140 M Schools in counties that collect $5 million per year in Gross Production Tax that missed the 1.75 M per year in HB 1358$ 35 M Non-Big Ten