North Dakota Infrastructure Financing Plans -- January 9, 2021

Link here.

• 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