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NORTH DAKOTA ASSOCIATION OF COUNTIES. SURGE FUNDING PROPOSAL. 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.
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NORTH DAKOTA ASSOCIATION OFCOUNTIES
SURGE FUNDING PROPOSAL
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
BIG TEN COUNTIES Counties that collect $5 Million per year in Gross Production Tax. $300 Million
CITIES IN BIG TEN COUNTIES Population of 50 or more. $166 Million
HUB CITES Williston, Dickinson and Minot $140 Million
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
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
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