ND revenue shortfall, “very precarious”

 BISMARCK, N.D. (AP) – North Dakota’s budget director says the state is in a “very precarious” position due to depressed oil and farm commodity prices. Pam Sharp says that if new revenue forecast due next month shows a continuation of lower-than-expected tax collections, Gov. Jack Dalrymple may have to call a special legislative session to deal with the shortfall. Sharp says present tax collections are $90 million below a February forecast for the two-year budget cycle.