North Dakota

Some states see budget surpluses

Four states—Alaska, Arkansas, Montana, and North Dakota—have avoided the budget woes plaguing the majority of states and instead are heading into the next fiscal year with budget surpluses.^[1] Those four states have all benefited from increased tax revenue: Alaska, Montana, and North Dakota have seen taxes rise as a result of their rich deposits of natural resources while Arkansas saw increases in sales and corporate income tax receipts.^[1] They all also use effective budgeting practices.^[1]