WHAT'S ON YOUR MIND
By Scott Hennen
Host of “What’s On Your Mind?” Radio Show
heard on the Flag Family Network including KTGO 1090AM in Watford City, Williston and Tioga, North Dakota
A new poll suggests North Dakotans have a desire to invest more of the Legacy Fund earnings in North Dakota projects benefiting taxpayers. Unfortunately, the questions used by the pollsters were misleading, which isn’t unusual in the polling business. According to the poll, 60 percent of eligible voters want Legacy Fund investments to be directed to development projects in North Dakota.
But they didn’t let voters know that this is already happening, thanks to legislation from 2021 authored by Representative Mike Nathe from Bismarck. Interest from the Legacy fund is currently providing massive property tax relief for North Dakotans this biennium alone. This is reflected on our property tax statements as the state buy-down portion. There is also $100 million of property tax relief for bond payments for the Fargo Diversion and another $100 million of property tax relief through a North Dakota Department of Transportation fund to pay for roads/bridges.
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