North Dakota’s budget increased cumulatively less than pop+inf in state funds and all funds from 2014-23, meaning taxes are lower than the average taxpayer can afford. 

  • The 2023 state funds budget is $1.7 billion lower than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew slower than population growth plus inflation for the last ten years, the state spent and taxed $5.5 billion less than possible.
  • The 2023 all funds budget is $1.1 billion lower than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew slower than population growth plus inflation over the past decade, the state spent and taxed $2.6 billion less than possible.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $4.97
  • FY 2025 Only State Funds Budget Limit ($ Billions): $5.25
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 5.55%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: ($2,202)
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: ($8,807)
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: ($6,970)
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: ($27,881)

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $7.65
  • FY 2025 All Funds Budget Limit ($ Billions): $8.07
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 5.55%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: $(1,406)
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: $(5,625)
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: $(3,274)
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: $(13,096)

Other Considerations