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Ed Schafer: Original Intent of Legacy Fund Has Been Lost

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Ed Schafer: Original Intent of Legacy Fund Has Been Lost

Dustin Gawrylow
Mar 4
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Share this post

Ed Schafer: Original Intent of Legacy Fund Has Been Lost

watchingnd.substack.com

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…
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a month ago · 3 likes · Dustin Gawrylow

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

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