You are browsing the archive for Legacy Fund.

Economist recommends regional legacy trust for oil-impacted counties

December 5, 2013 in Uncategorized

Echoing what a former Minnesota politician hinted at in Dickinson last month, a rural development and resource economist from a national firm said Thursday that it might be time to set up a regional legacy trust fund specifically for western North Da…continue reading on thedickinsonpress.com

New group to focus on how to spend, invest Legacy Fund Fund

November 5, 2013 in Uncategorized

BISMARCK – A nonprofit organization that specializes in energy policy is pulling together a broad panel of leaders and planning public input meetings to discuss how North Dakota should spend its Legacy Fund, which oil and gas revenue has helped swe…continue reading on thedickinsonpress.com

New group to focus on how to spend, invest Legacy Fund Fund

November 5, 2013 in Uncategorized

BISMARCK – A nonprofit organization that specializes in energy policy is pulling together a broad panel of leaders and planning public input meetings to discuss how North Dakota should spend its Legacy Fund, which oil and gas revenue has helped swe…continue reading on thedickinsonpress.com

Legacy Fund investments take new course

June 28, 2013 in The Dickinson Press

BISMARCK The Legacy Fund, a constitutionally created fund that can’t be tapped until 2017, may see a larger return on its investments. The 11-member State Investment Board unanimously approved an 18-month transition plan Friday to move the Legacy Fund’s investments from short-term bonds to a more diversified, higher-risk portfolio of stocks, bonds and real estate. Continue Reading

Advice sought on investing $500M state oil fund

August 23, 2012 in The Dickinson Press

BISMARCK (AP) A state board agreed Thursday to hire a consultant for advice on how to invest a rapidly growing, $500 million North Dakota oil tax fund that was established by voters less than two years ago. Continue Reading

Advice sought on investing $500 million ND oil fund

August 23, 2012 in Grand Forks Herald

A state board is hiring a consultant for advice on how to invest a North Dakota oil tax fund that has $500 million in it. Continue Reading

Oil tax revenue almost doubles expectations

August 4, 2012 in The Dickinson Press

BISMARCK North Dakota collected almost $1.7 billion in oil tax revenue in the past fiscal year, nearly bringing in as much money in one year as the state expected to collect in two. Continue Reading

Minnesota Legacy money proposed for Capitol renovation

March 13, 2012 in Grand Forks Herald

Minnesota House committee members are questioning whether renovating the Capitol with money set aside for arts projects could survive a legal challenge. Continue Reading

COMMENTARY: Invasive species hit Minnesota politics

January 27, 2012 in Grand Forks Herald

“Some of the smallest thinking that occurred in Minnesota on Thursday took place in a tucked-away hearing room at the Capitol,” Twin Cities outdoors writer-columnist Dennis Anderson writes. Continue Reading

OUTDOORS NOTEBOOK: Hunters kill fewer deer, Study cites improper use of Legacy Fund dollars etc.

January 21, 2012 in Grand Forks Herald

Minnesota hunters shot 192,300 deer during the 2011 season. That’s a drop of 15,000 from the 207,000 deer killed in 2010. Continue Reading