Elm Coulee is where the current boom targeting the Bakken began (about 2000; moving to North Dakota about 2006).
Obviously Sidney benefits greatly from local oil revenue.
But, not unexpectedly, the governor feels that the money needs to be redistributed across the entire state.
If the governor’s proposal is approved, Sidney’s elementary district is projected to have approximately $79,000 in budgeted oil and gas funds. Under the current format, the district budgets $300,000 in oil and gas funds in the elementary budget.I wonder if the money generated by the tourist industry in and around the state parks and around Glacier National Park is redistributed across the state? Just asking.
I assume it's just a matter of time before North Dakota considers the same.
Bruce--not related to post. Alaskan pipeline leak today. Shut down. What will this do to ND oil prices? dholmen
ReplyDeleteI posted my comments as a stand-alone post; easy to find; most recent posting (January 9, 2010).
ReplyDeleteThank you for alerting me to the story; I had missed it.
about five years ago nd law makers passed a bill to do just the opposite of what BS has proposed.
ReplyDeleteWhat has changed is the huge amount of oil wealth in nine counties in North Dakota.
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