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North Dakota Counties Surge Funding Proposal for Strategic Investment

The Surge Funding Proposal aims to utilize $806 million from the Strategic Investment and Improvement Fund (SIIF) to support various counties, cities, hub cities, schools, and political subdivisions in North Dakota. The allocation includes $300 million for big ten counties, $166 million for cities in these counties, $140 million for hub cities, $35 million for schools in designated counties, and $165 million for non-big ten political subdivisions. This comprehensive funding package targets key areas for development and improvement within the state.

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North Dakota Counties Surge Funding Proposal for Strategic Investment

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  1. NORTH DAKOTA ASSOCIATION OFCOUNTIES

  2. SURGE FUNDING PROPOSAL

  3. FUNDING SOURCE The Dollars for the Surge Funding would come from the Strategic Investment and Improvement Fund (SIIF) Projected Fund Balance June 30,2015 - $1,200 M (1.2 B) Surge Funding Proposal would use $806 M

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

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

  6. HUB CITES Williston, Dickinson and Minot $140 Million

  7. SCHOOLS IN BIG TEN COUNTIES 1.75 M per school per year missed in last sessions HB 1358. 10 counties x 1.75 M x 2 years = 35 M $35 Million

  8. NON-BIG TEN POLITICAL SUBDIVISIONS Bakken Boundary Cities $20.0 M Counties (43) 127.6 M Townships 17.4 M Total 165.0 M $165.0 Million

  9. 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 Cities Williston, Dickinson and Minot $140 M Schools in counties that collect $5 million per year in Gross Production Tax thatmissed the 1.75 M per year in HB 1358 $ 35 M Non-Big Ten Bakken Boundary Cities 20.0 M Non-Big Ten Oil Producing Counties 127.6 M Non-Big Ten Oil Producing Townships 17.4 MTotal Non-Big Ten 165.0 M $165 MTotal Surge Funding Package $806 M

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