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Business leaders to discuss North Dakota’s fiscal oil policy

The Watford City Area Chamber of Commerce and the Watford City Economic Development Corporation are pleased to announce that the annual meeting is scheduled for Jan. 22, 2014, at 6 p.m. and will be held at the Outlaw’s Ballroom in Watford City, N.D.

The event will include a social hour starting at 6 p.m. followed by dinner at 7 p.m.

This year’s featured speaker is Mark Haggerty from Headwaters Economics, a Montana-based economics firm. Haggerty’s presentation, “Windfall or Missed Opportunity? How North Dakota Returns Oil Revenue to Local Governments Compared to Other States,” will compare North Dakota’s fiscal policies to other oil-producing states in order to identify the relative strengths and weaknesses of the state’s existing policies.

The comparison points to a few areas for obvious reform, and raises other issues that deserve more attention as the shale oil production in the region continues.

“With elections looming and a new legislative season just around the corner, we urge you to attend,” Darick Franzen, Watford City Area Chamber of Commerce president, said.

In addition to the featured speaker presentation, re-enactors will be on hand during the annual meeting to mingle with those in attendance. The re-enactors will represent President Abraham Lincoln and President Theodore Roosevelt.

Tickets for the event are $50 per person. Anyone interested in attending should contact Mary Gumke chamber coordinator at 701-580-4348 or at wcchamber@restel.com.

The Watford City Area Chamber of Commerce serves supports and promotes businesses in the Watford City, N.D., area.

The Watford City Economic Development Corporation is a private, non-profit organization working to expand existing business in the community and to create new business opportunities in the area.

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