Special Report: Financing Schemes Put The Legacy Fund In Danger

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Special Report: Financing Schemes Put The Legacy Fund In Danger

SB 2330, and the testimony against it, exposes the problems with the way the legislature's been setting up the Legacy Fund to try to do too many things for too many people.

Dustin Gawrylow

Feb 16, 2023

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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.

North Dakota's Watchdog Update

Senate Passes Latest WAWS Bailout; Admits Failure

Regardez maintenant (7 min) | On Tuesday, the North Dakota State Senate passed SB 2196 which is the latest bailout bill for the Western Area Water Supply. This was fast-tracked out of committee the day testimony was taken. The noteworthy speech on the Senate floor was that of Senator Ron Sorvaag pointing out that the legislature forgave $74 million worth of WAWS loans last session, …

2 years ago · Dustin Gawrylow

More recently, it was brought to my …

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