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Presented for ND League of Cities by Pam Sharp, Director of OMB

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Presentation on theme: "Presented for ND League of Cities by Pam Sharp, Director of OMB"— Presentation transcript:

1 Presented for ND League of Cities by Pam Sharp, Director of OMB
Budget Status July 27, 2016 Presented for ND League of Cities by Pam Sharp, Director of OMB

2 2015-17 Biennium General Fund Revenues Revised July 2016 Comparison to 2015 Legislative Forecast

3 Biennium Oil Revenues Distributions from Gross Production and Extraction Taxes Revised July 2016 Comparison to 2015 Legislative Forecast

4 January 2016 Budget Shortfall Summary

5 July 2016 Budget Shortfall Summary

6 Current Balances

7 North Dakota General Fund Revenue and Oil and Gas Taxes

8 Next Steps Special Legislative Session – August 2-4
Preliminary Revenue Forecast for November Revenue Forecast Governor Releases Executive Budget Recommendations – December 7

9 This presentation can be found on OMB’s website: www.nd.gov/omb/


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