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K-Heart Sports - Tuesday - 03/12/19 - Noon Edition

The Legislature's Budget Section is getting a second opinion on the state's revenue forecast....

    BISMARCK, N.D. (AP) - The Legislature's Budget Section is getting a second opinion on the state's revenue forecast. Moody's Analytics reported yesterday that North Dakota's treasury expects to collect about $1 billion more in state tax collections for the next two-year budget cycle than what lawmakers had adopted just two months ago. Republican leaders expressed caution at the numbers.

    The Legislature's own budget consultancy, IHS Markit, is presenting their prediction today. Lawmakers will consider both forecasts to set the final numbers Thursday when they begin finishing their work on the state's 2019-2021 spending plan. The Legislature has idled major spending bills until that happens.


     BISMARCK, N.D. (AP) - North Dakota's Land Board led by Republican Gov. Doug Burgum believes $137 million has not been properly deposited in two constitutional funds that benefit schools over the past decade. The board directed Land Commissioner Jodi Smith on Monday to testify to legislators that the money should be replenished in the common schools trust fund and the foundation aid stabilization fund. Smith believes the state's share of revenue from the oil-rich Fort Berthold reservation should have gone in the funds.

    GOP leaders believe the money was correctly distributed by Republican state Treasurer Kelly Schmidt, based on guidance from the attorney general's office in 2012. They have introduced legislation that would steer some oil tax money into school funds going forward, but their bill is not retroactive.

    A hearing on the legislation is scheduled Wednesday.


     GRAND FORKS, N.D. (AP) - A man is facing criminal charges after police say he entered a home in Grand Forks, barricaded himself in the basement and started a fire. Authorities say the man was armed with a knife when he entered the residence Saturday, threatened its residents and made his way to the basement. A short time later smoke detectors went off. Residents left the home and police found the man barricaded in the basement where he had started a fire. KFGO reports Grand Forks Regional SWAT officers were on scene and negotiators began talking with the 33-year-old man who was arrested several hours later.

     DUNN CENTER, N.D. (AP) - An equipment problem is being blamed for the spill of about 310 barrels of saltwater at an oil and gas well in Dunn County. The state Oil and Gas Division says Bruin E&P Operating reported Monday that brine had spilled the previous day at a well about 15 miles north of Dunn Center, due to a valve or piping connection leak. Brine, or saltwater, is a byproduct of energy production. All of the spilled saltwater was contained on site and recovered. A state inspector went to the site and will monitor any additional cleanup.



   (Copyright 2019 by The Associated Press.  All Rights Reserved.)


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