BISMARCK, N.D. (AP) — North Dakota continues to see bleaker-than-expected state tax revenue collections from declining oil activity in the state.
Office of Management and Budget Director Pam Sharp says revenues for March totaled $98.8 million. That’s $13.8 million less than what had been projected.
Tax collections already are down more than $20 million since a new revenue forecast was done in February.
Sharp says most of the decline is due to falling sales tax collections due to a drop in oil drilling and poor crude prices.
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