Does the avoidance of the large oil trigger mean we get money to renovate Dunbar? Did that make it into the final bill?
edit: It appears it did.
http://www.inforum.com/news/educatio...nt-tuition-cap
I'm pretty sure the language is that if revenues exceed projections by $50M, then NDSU gets $46M for Dunbar.An amendment added $26 million for the Valley City State University Fine Arts building, as well as $46 million in contingency funding for Dunbar Hall, a 50-year-old chemistry building at North Dakota State University that has had two fires in the past four years. Those funds depend on the amount of general fund revenue the state has in the future.
http://www.inforum.com/news/3756062-...nt-take-effect
I think it's safe to say that $500M is larger than $50M.The oil tax cut known as the large trigger will not take effect Monday, causing the state to collect about a half billion dollars more this year than legislators budgeted.
Of course it's possible that not all of the $500M will make it into the general fund, but at least $50M will, right?
edit 2: The trigger is $250M, not $50M. VCSU's project is triggered at $126M above projections. And NDSU has to go through a bunch of hoops to get the money. 1. The SBHE has to confirm the Dunbar project conforms to the NDUS master plan and space utilization study. 2. The state auditor's office has to perform a performance audit on the SBHE's confirmation of the study. 3. Only then can the SBHE go to the Budget Section to get final approval for the $46M. Naturally, VCSU doesn't have to go through any of this to get their $25.85M.