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Banking on trust: ND’s constitutional funds balloon in wake of oil boom

October 17, 2014 in Uncategorized

GRAND FORKS — After tough economic times in the 1980s, North Dakota voters wanted to make sure education funding would be spared by future budget constraints.
To that end, they agreed in 1994 to create a fund to cushion the state’s K-12 educatio…continue reading on thedickinsonpress.com

State unemployment panel wants to keep growing trust fund

May 1, 2012 in The Daily Republic

PIERRE The panel that keeps an eye on the financial health of South Dakota’s unemployment insurance system decided Monday that the recently troubled program should be allowed to continue accumulating money from business owners, until its balance of available funds reaches a target of $76 million.
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Official: Federal highway deadlock continues

March 23, 2012 in The Daily Republic

SD Transportation Secretary Darin Bergquist told members of the South Dakota Transportation Commission that the chances appear “very remote” that the US House of Representatives would agree to the two-year plan that was approved by the Senate. Continue Reading