Western Communities See Jump in Sales
With the resurgence in oil activity, communities throughout western North Dakota are also benefitting from growth in sales tax revenue.
Tioga, Williston and New Town saw sales tax revenue increases of around 30 percent in the third quarter of 2017. Among county reports, Dunn County saw a jump of 47 percent, while sales in Burke and Williams County increased more than 29 percent.
The gains are attributable to a big jump in the mining and oil extraction sector. The ND Tax Department reports that sales in that category increased $247 million over the same quarter in 2016, an increase of more than 80 percent.
“We see a large increase in some of the industries related to oil activity,” said Tax Commissioner Ryan Rauschenberger. “If energy prices continue to rise, we could feel the impact in other areas as well.”
As energy production continues to accelerate in North Dakota, most of the other industry sectors see a coinciding boost, Rauschenberger said.
to download the Tax Department’s Third Quarter Sales Tax Report.