- both sides of the aisle looking for a $1 - $2 billion bonding package
- using earning from the state's Legacy Fund to pay for the borrowed money
- GOP: $1.1 billion
- Governor: $1.25 billion
- Dems: $2 billion with a revolving loan fund of $750 million for school construction
- Legacy Fund: currently at $7.8 billion; expected to earn $500 million over next two years
- let's see, $1 billion x 5% = $50 million
- one-fifth of $1 billion = $200 million
- = $250 million / year = $500 million over next two years
Saturday, January 9, 2021
North Dakota Infrastructure Financing Plans -- January 9, 2021
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