Forum Editorial: Legacy Fund Trajectory Unsustainable

Fargo Forum: "There won’t be much of a legacy for the Legacy Fund if North Dakota keeps spending so freely."

Mar 05, 2023

∙ Paid

On Friday, the Fargo Forum published an article about how the legislature’s use of The Legacy Fund has deviated from the original intentions.

North Dakota's Watchdog Update

Ed Schafer: Original Intent of Legacy Fund Has Been Lost

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

2 years ago · 5 likes · 1 comment · Dustin Gawrylow

This was a follow-up to an in-depth article I wrote a few weeks ago talking about how the schemes the legislature has put in place put the Legacy Fund at risk:

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…

2 years ago · 3 likes · Dustin Gawrylow

Today, the Fargo Forum Editorial Board issued the following editorial on this subject:

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