Ed Schafer: Original Intent of Legacy Fund Has Been Lost

Mar 4

A few weeks ago, I wrote about the problematic schemes the legislature has been putting into play over the last decade, and how many of them involve the Bank of North Dakota and The Legacy Fund.

North Dakota's Watchdog Update

Special Report: Financing Schemes Put The Legacy Fund In Danger

Watch now (39 min) | Note: this is a more complex and winding issue to follow than most, which is part of the point of why this approach to state spending is problematic. Previously, I wrote you about Senate Bill 2196 which is essentially restructuring the way the current loans for the Western Area Water Supply Authority (WAWS) are set up…

a month ago · 3 likes · Dustin Gawrylow

The Fargo Forum did a follow-up article to that piece today:

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