North Dakota releases 2022 state financial report

Courtesy: North Dakota Government
Courtesy: North Dakota Government

(Bismarck, ND) -- North Dakota is releasing the 2022 Annual Comprehensive Financial Report.

The data comes from the North Dakota Department of Management and Budget and assessed a period of time between July 1, 2021 to June 30, 2022. Officials say the state's general fund grew to nearly 11 billion dollars and the net position grew to over 30 billion, both setting record highs according to the report.

“The 2022 North Dakota ACFR shows the state in a strong financial position heading into this fiscal year,” said Office of Management and Budget Director Joe Morrissette, '“This report is one of many ways that North Dakota works to provide transparency for our citizens regarding the financial operations of state government. Thank you to the dedicated team at OMB for preparing the report, to the agencies for prioritizing this work, and to the Office of the State Auditor for completing their audit in a timely manner each year.”

You can read the full 2022 North Dakota Financial Report by clicking here