BISMARCK, N.D. (KCND) – 2018 was a very good year for taxable sales and purchases in North Dakota., up 12.5 percent, compared to 2017.
Tax Commissioner Ryan Rauschenberger says those sales and purchases totaled $20.24 billion, compared with just under $18 billion in the previous year.
The reason – better oil prices, spurring more activity in the oil patch. Rauschenberger says the price averaged around $65 a barrel.
Of the 200 largest cities in North Dakota, the highest percent increases for 2018 (compared to 2017) were as follows:
Parshall – Increase of 323.72%
Sheyenne – Increase of 153.10%
Dunn Center – Increase of 127.14%
North Dakota’s largest cities saw the following changes, when compared with the 2017 annual report:
Williston – Increase of 26.17%
Dickinson – Increase of 14.10%
Minot – Increase of 3.82%
Fargo – Increase of 1.44%
Bismarck – Decrease of 2.24%
Grand Forks – Decrease of 12.25%
