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Forecast Revenue Projects Another $1 Billion In North Dakota Tax Collections

The forecast presented to the Legislature's Budget Section predicted higher oil prices and production

BISMARCK, ND — A newly updated revenue forecast shows 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. The forecast presented to the Legislature’s Budget Section predicted higher oil prices and production than what was set by lawmakers in January as…