FARGO, N.D (KVRR) — The City of Fargo presented it’s 2026 preliminary budget to both the public and commissioners, late Monday morning. This year’s budget was complicated by the new state law capping property tax revenue. The preliminary budget contains a 3 percent cost of living adjustment as well as cutting over $4.5 million in operation and personnel costs. With…
Susan Sisk, director of the North Dakota Office of Management and Budget, presents an update to members of the interim Government Finance Committee on Sept. 17, 2024. (Michael Achterling/North Dakota Monitor)(North Dakota Monitor) North Dakota’s general fund is expected to end the 2023-25 biennium with a nearly $713 million surplus, according to data from the Office of Management and Budget….
FARGO, N.D. (KVRR) — Early this morning, the Fargo City Commission held another meeting on the Mayor’s Preliminary Budget hearing. The meeting was called by Commissioner Michelle Turnberg after the commission had not agreed with the initial budget hearing. There is a dispute over reduced funding to Hector International Airport. Mayor Tim Mahoney says in order to balance the budget,…
FARGO, N.D. (KVRR) — Fargo Mayor Dr. Tim Mahoney releases his preliminary budget plan for 2023. The main initiatives involve a priority to retain Fargo citizens, city growth and expanding the Fargodome. He says energy costs are up nearly a half million dollars and Fargoans can expect a $2.50 raise for both water rates and water reclamation for the average…
MOORHEAD, Minn.–Minnesota State University Moorhead officially laid off 24 faculty members as a part of its comprehensive budget plan. The budget plan was proposed in April 2020 and is designed to close a projected gap of $6 million in the fiscal year 2022. Nine programs will be closed and the School Psychology Graduate Program will be suspended. The 149 students…
