{"id":68031,"date":"2015-03-18T14:58:53","date_gmt":"2015-03-18T19:58:53","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=68031"},"modified":"2015-03-18T14:58:53","modified_gmt":"2015-03-18T19:58:53","slug":"oil-tax-revenue-shortfall-forecast","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=68031","title":{"rendered":"Oil tax revenue shortfall forecast"},"content":{"rendered":"<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/11\/oilpipeline.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-31287\" alt=\"oilpipeline\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/11\/oilpipeline-300x202.jpg\" width=\"300\" height=\"202\" srcset=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/11\/oilpipeline-300x202.jpg 300w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/11\/oilpipeline-259x175.jpg 259w, http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/11\/oilpipeline.jpg 445w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>BISMARCK, N.D. (AP) \u2013 A new revenue forecast says North Dakota could see a nearly $1 billion shortfall in oil tax revenue over the next two years due to the slumping price of crude.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 State budget analysts and the economic consultancy Moody\u2019s Analytics on Wednesday presented a new budget forecast to Legislature.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 Wednesday\u2019s estimates assumed an increase since a January forecast of $131 million to the state\u2019s general fund, which is financed mostly by taxes on sales, income, corporations, tobacco and gambling.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 The figures still must be accepted by the House and Senate appropriations committees, which will use the data to finish their work for the next two-year budget for state government.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 Lawmakers have idled major spending bills this session until the new economic assumptions are adopted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BISMARCK, N.D. (AP) \u2013 A new revenue forecast says North Dakota could see a nearly $1 billion shortfall in oil tax revenue over the next two years due to the slumping price of crude. \u00a0 \u00a0\u00a0\u00a0\u00a0 State budget analysts and the economic consultancy Moody\u2019s Analytics on Wednesday presented a new [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-68031","post","type-post","status-publish","format-standard","hentry","category-state"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/68031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68031"}],"version-history":[{"count":2,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/68031\/revisions"}],"predecessor-version":[{"id":68038,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/68031\/revisions\/68038"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68031"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}