1. Governor Jack Dalrymple
Budget Address to the North Dakota Legislative Assembly December 7, 2016
Governor Jack Dalrymple

2. General Fund Ongoing Revenues Exceed Ongoing Expenditures
Ongoing Revenues $4,783,426, Recommended Ongoing Expenditures $4,780,662, Ongoing Revenues Exceeding Ongoing Expenditures $ 2,763,354
Chart #1

3. Reserves (in millions)
June 30, 2017
June 30, 2019
General Fund $ $
Strategic Investment and
Improvement Fund
313.7
331.6
Tax Relief Fund
300.0
0.0
Budget Stabilization Fund
454.2
Foundation Aid Stabilization
Fund
299.1
304.5
Legacy Fund
4,236.5
5,185.7
TOTAL
$ 5,160.2
$ 6,319.7
Chart #2

4. Statewide Infrastructure (in millions)
Department of Transportation Road Projects
$ 725
Airports 24
Water Projects
319
School Construction Loan Funds
200
Valley City Communications and Fine Arts Building 25
Total
$ 1,293
Chart #3

5. Tax Savings Since 2009 (in millions)
Individual Income Tax Relief
$ 1,207
Corporate Income Tax Relief
251
Property Tax Relief
2,836
Homestead and Veteran’s Tax Credits 77
Other 6
Total
$ 4,377
Chart #4

6. Governor Jack Dalrymple
Budget Address to the North Dakota Legislative Assembly December 7, 2016
Governor Jack Dalrymple