Rev-E-News: January 2026

January 2026 Cover

Monthly North Dakota Revenue Report

General Fund Revenues Slightly Above Forecast

The first six months of the 2025-27 biennium have been volatile due to economic uncertainty, changing international tariff policies, lingering low oil prices, and low agricultural commodity prices. As we consider state general fund revenues, we see the effect of timing issues and other factors, leading to monthly variances both positive and negative. However, total collections after the first six months remain extremely close to the overall forecast, with actual revenues exceeding the forecast by a mere 0.5%.

dec2025-story-chart

Oil Updates

Allocation of State Share of Oil & Gas Taxes

Based on allocations through December 31, 2025, and 2025 legislative forecast. 

Dec 2026 Oil Tax Buckets

January 2026 Oil Update

Dec 2025 Oil Activity

Dec 2025 Oil Tax Allocations

Statement of General Fund Revenues and Forecasts

Compared to Legislative Forecast
2025-27 Biennium
December 2025

Dec 2025 Compared to Legislative Forecast

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Compared to Previous Biennium Revenues
2025-27 Biennium
December 2025

Dec 2025 Comparison to Previous

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