North Dakota Official: Agencies Can Live With Budget Cuts
North Dakota’s top budget official says she’s confident state agencies will be able to “live within” mandatory cuts to help make up for a more than $1 billion budget shortfall that’s largely due to slumping oil prices.
Budget Director Pam Sharp says state agencies have submitted the required cuts ordered by Gov. Jack Dalrymple earlier this month. Dalrymple ordered agencies that receive general fund dollars to trim their budgets by 4.05 percent, or about $245 million.
Sharp says she doesn’t know of any agency cutting positions but that most are limiting raises and bonuses.
Besides the agency cuts, Dalrymple shifted more than $497 million from a state rainy day fund. The remainder of the shortfall will be made up by using the previous budget’s ending-fund balance of about $331 million.