Education Funding in North Dakota

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  Webinar event link: https://zoom.us/j/95838480916

  Education funding is one of the most impactful components of local and state budgets. It often represents more than half of your local property taxes and funding from the state for the 2025-26 biennium is budgeted to be $588 million.

  Education funding can seem complicated and is often misunderstood. BE Informed will provide background information and demystify the funding sources and formulas by two of the most versed leaders on education funding; Watford City School Superintendent Dr. Steve Holen and District 1 Representative David Richter.

• Education Funding in North Dakota:

• History of education funding in North Dakota
• Funding Sources: federal, state and local
• Lawsuits and establishment of the Equitable Funding Formula
• School budgets and the funding formula: tying it all together
• Property tax relief and the impact on local funding
• Funding formula nuances:
• 1. In-lieu-of revenue and other local deductions
  2. Local revenue impacts on foundation aid payments
  3. In-lieu-of impacts on taxing authority
• Question and answer            

A core tenant in the mission of District 1 NDGOP is to promote an informed electorate through political education and involvement.  BE Informed is an informational series bringing together subject matter experts to educate and inform area residents about critical public policy issues.