Tax Revenues Ahead Of Productions

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(Bismarck, ND) — Officials say most North Dakota tax revenues are ahead of projections. The state is set to end the 2019 through 2021 budget cycle over 96-million dollars ahead of projections. Figures show that sales taxes are two-and-a-half-percent behind the 2019 forecast. Business activity was likely affected by the pandemic. Officials say a greater demand for recreational vehicles during the pandemic is likely the reason sales tax on motor vehicles continue to beat projections.

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