North Dakota Fiscal Statistics

StatisNostics/State Financials/North Dakota

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20122024

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State Revenue Analysis (North Dakota: 2012–2024)

Population: 701,705 → 779,261 (11.1% change)

Overall Revenue Trends

Total Revenue▲ 63.2%

$7,316,458,000 (2012)→$11,938,700,000 (2024)

Per Capita Revenue▲ 46.9%

$10,427 (2012)→$15,321 (2024)

Fund Balances▼ 100%

$12,960,582,000 (2012)→$0 (2024)

Revenue Volatility! High

Avg. fluctuation: 10.5%

Major Tax Revenue

Property Tax▲ 142.6%

$2,398,000 (2012)→$5,818,000 (2024)

Sales Tax▲ 17.6%

$1,122,783,000 (2012)→$1,320,723,000 (2024)

Utility Revenue

Growth Analysis

Fastest Growing Revenue Sources

Interest Earnings▲ 566.9%

$216,495,000→$1,443,858,000

Local Intergovernmental Other▲ 431.0%

$3,926,000→$20,849,000

Amusement License Tax▲ 397.2%

$814,000→$4,047,000

Declining/Slowest Growing Sources

Local Intergovernmental Health & Hospitals▼ 99.8%

$2,683,000→$6,000

Local Intergovernmental Public Welfare▼ 95.4%

$8,487,000→$390,000

Air Transportation Charges▼ 93.3%

$15,000→$1,000

Revenue Forecast

Projected Revenue (Next Year)▲ 2.8%

Estimated: $12,273,953,134

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Severance Tax23.4%

Total General Sales Taxes15.3%

Federal Intergovernmental Public Welfare7.3%

Federal Intergovernmental Highways6.9%

Individual Income Tax5.9%

Federal Intergovernmental Education4.2%

Miscellaneous Commercial Activity Not Elsewhere Classified Charges3.7%

Higher Education Tuition Charges3.5%

Federal Intergovernmental Other3.2%

Interest Earnings3.0%

Corporation Net Income Tax2.9%

Motor Fuels Sales Tax2.8%

Other Selective Sales Taxes1.9%

Higher Education Auxiliary Charges1.5%

Workers Compensation - Other Contributions1.5%

Motor Vehicle License1.4%

Unemployment - Contribution1.3%

Occupation & Business License Not Elsewhere Classified0.9%

Workers Compensation - Interest Earnings0.7%

Federal Intergovernmental Health & Hospitals0.7%

Donations From Private Sources0.7%

Royalties0.7%

Miscellaneous General Revenue Not Elsewhere Classified0.6%

Insurance Premium Tax0.6%

Public Utilities Tax0.6%

All Other Not Elsewhere Classified Charges0.5%

Federal Intergovernmental Other Natural Resources0.5%

Federal Intergovernmental Water Utilities0.5%

Natural Resources Not Elsewhere Classified Charges0.4%

Tobacco Sales Tax0.4%

Local Intergovernmental Highways0.3%

Federal Intergovernmental Employment Security Administration0.2%

Hunting & Fishing License0.2%

Federal Intergovernmental Housing & Community Development0.2%

Net Lottery Revenue0.2%

Fines & Forfeits0.1%

Local Intergovernmental Public Welfare0.1%

Alcoholic Beverage Sales Tax0.1%

Local Intergovernmental Water Utilities0.1%

Amusement Tax0.1%

Hospital Charges0.1%

Federal Intergovernmental Sewerage0.1%

Education Other State Charges Not Elsewhere Classified0.1%

Motor Vehicle Operators License0.1%

Local Intergovernmental Other0.1%

Sale of Property0.1%

Unemployment - Interest Revenue0.0%

Parks & Recreation Charges0.0%

Local Intergovernmental Health & Hospitals0.0%

Property Tax0.0%

Regular Highway Charges0.0%

Rents0.0%

Housing & Community Development Charges0.0%

Amusement License Tax0.0%

Parimutuels Tax0.0%

Alcoholic Beverage License Tax0.0%

Federal Intergovernmental Air Transportation0.0%

Air Transportation Charges0.0%

Public Utility License Tax0.0%

Death & Gift Tax0.0%

Local Intergovernmental Education0.0%

2024 Revenue Breakdown

Severance Tax25.9%

Interest Earnings12.1%

Total General Sales Taxes11.1%

Federal Intergovernmental Public Welfare9.1%

Federal Intergovernmental Education5.0%

Federal Intergovernmental Highways4.4%

Miscellaneous Commercial Activity Not Elsewhere Classified Charges3.5%

Higher Education Tuition Charges3.1%

Individual Income Tax3.0%

Corporation Net Income Tax2.1%

Federal Intergovernmental Health & Hospitals2.0%

Federal Intergovernmental Other1.8%

Other Selective Sales Taxes1.7%

Miscellaneous General Revenue Not Elsewhere Classified1.6%

Motor Fuels Sales Tax1.6%

Royalties1.2%

Motor Vehicle License1.0%

Donations From Private Sources1.0%

Higher Education Auxiliary Charges1.0%

Workers Compensation - Other Contributions0.9%

Occupation & Business License Not Elsewhere Classified0.8%

Workers Compensation - Interest Earnings0.8%

Unemployment - Contribution0.7%

Insurance Premium Tax0.6%

Federal Intergovernmental Other Natural Resources0.6%

All Other Not Elsewhere Classified Charges0.5%

Local Intergovernmental Highways0.3%

Public Utilities Tax0.3%

Natural Resources Not Elsewhere Classified Charges0.3%

Amusement Tax0.2%

Fines & Forfeits0.2%

Federal Intergovernmental Sewerage0.2%

Tobacco Sales Tax0.2%

Local Intergovernmental Other0.2%

Federal Intergovernmental Housing & Community Development0.2%

Hunting & Fishing License0.2%

Net Lottery Revenue0.1%

Federal Intergovernmental Employment Security Administration0.1%

Alcoholic Beverage Sales Tax0.1%

Unemployment - Interest Revenue0.1%

Parks & Recreation Charges0.1%

Education Other State Charges Not Elsewhere Classified0.1%

Property Tax0.0%

Motor Vehicle Operators License0.0%

Sale of Property0.0%

Housing & Community Development Charges0.0%

Rents0.0%

Amusement License Tax0.0%

Regular Highway Charges0.0%

Hospital Charges0.0%

Alcoholic Beverage License Tax0.0%

Local Intergovernmental Public Welfare0.0%

Federal Intergovernmental Air Transportation0.0%

Local Intergovernmental Health & Hospitals0.0%

Public Utility License Tax0.0%

Local Intergovernmental Education0.0%

Air Transportation Charges0.0%

Key Insights

1Total revenue increased by 63.2% from 2012 to 2024, representing a significant change in the state's financial position.
2Population changed by 11.1%, while per-capita revenue changed by 46.9%.
3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.

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State Expense Analysis (North Dakota: 2012 - 2024)

Total Expenditure Trends

Operating Expenditures▲ 146%

$2,294,624,000→$5,647,825,000

Per Capita Spending▲ 122%

$3,270→$7,248

Population Trends

Population Change▲ 11.1%

701,705 (2012)→779,261 (2024)

⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 91%

$23,324,000 (2012)→$44,631,000 (2024)

Fire Protection▼ 0%

$0 (2012)→$0 (2024)

Infrastructure Expenses

Highways Maintenance▲ 58%

$189,461,000 (2012)→$299,214,000 (2024)

Sewerage Operations▼ 0%

$0 (2012)→$0 (2024)

Administrative Expenses

Financial Administration▲ 212%

$62,877,000 (2012)→$196,078,000 (2024)

General Expenses▲ 120%

$147,324,000 (2012)→$324,701,000 (2024)

North Dakota Key Insights

1Per capita expenditures grew by 122%, indicating substantial service expansion or cost increases not explained by population growth alone
2General expenses increased dramatically by 120%, which may indicate classification changes, new initiatives, or reporting adjustments
3Financial Administration was the fastest growing major expense category at 212% increase

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State Debt Analysis (2012-2024)

Debt Trends

Total Long-Term Debt▲ 258%

$1,232,940,000 (2012)→$4,408,890,000 (2024)

Industrial Revenue Debt▼ 100%

$837,325,000 (2012)→$0 (2024)

Per Capita Debt▲ 222%

$1,757 (2012)→$5,658 (2024)

Population Trends

Population Change▲ 11.1%

701,705 (2012)→779,261 (2024)

Debt Management

Most Recent Year (2024)

Issued:$465,889,000

Retired:$250,151,000

Net Change:+$215,738,000

Debt Retirement Trend

$132,972,000 → $250,151,000▲ 88%

🔄 Significant change in retirement strategy detected

Key Insights

1The sharp increase in unspecified long-term debt suggests major capital projects or financial restructuring.
2There appears to be a significant shift in debt management strategy between 2012-2024, with a move toward higher debt levels.
3New debt issuance significantly increased the per-resident debt burden (up 222%).