Published July 06 2010
Director: North Dakota to finish with $800M surplusBISMARCK – State budget director Pam Sharp says North Dakota should finish its two-year budget cycle with an $800 million surplus.
Some states aren’t as fortunate and had been hoping for extended federal stimulus aid. Congress was poised to extend some stimulus funding to states, but the measure died in the Senate last month. States that counted on the money must now make up the difference in their budgets.
North Dakota has taken about $600 million in federal stimulus money that has been used for such things as road repairs, teachers salaries and social programs.
Sharp says the state has never relied on federal stimulus funds and has never counted on them.
The state’s two-year budget cycle ends next June 30.