McKenzie County’s 2021 taxable sales and purchases came in at $242.8 million according to the North Dakota State Tax Department. That represents a 6.9% rebound from the 2020 calendar year, but still behind the highs of 2018 and 2019. For more information visit the ND Tax Department data page.
The Greater North Dakota Chamber will be hosting a Business Roundtable in Watford City on June 22 focused on quality of place. Speakers include representatives from ONEOK, DLN Consulting and more. In a world where people choose their communities before selecting their employers, quality of life matters. Citizens expect their communities to provide aspects of health and well-being, which creates the feeling of belong and a sense of home. This is a conscious approach to economic development that goes beyond brick and mortar. Find more information and how to register here.
¿Hablas Español? As our county welcomes people from throughout our state, nation and world to become members of our workforce and community, not everyone who comes knows how to read English. As the recent Census data shows, there has been a 1000% percent increase in the Hispanic population of McKenzie County. In an effort to help integrate newcomers who only read Spanish, an effort is underway to provide information about current community events written in Spanish. To stay abreast visit the Hispanic Advocacy of North Dakota Facebook page.
An additional 3,000 square miles may now be considered economical for oil and gas drilling in the prolific oil- and gas-producing Bakken and Three Forks Formations. According to a recent presentation from the North Dakota Pipeline Authority, this expansion is due to technological advances in the industry. This translates to an additional 18 to 40 years of further oil drilling based on a price of oil at $60/barrel. After the wells are drilled, production is expected to last an additional 30 to 40 years. To see further analysis of this presentation see this Williston Herald article here.
The April economy at a glance is now available. Some data of note include:
- Year to date sales tax collections for City of Watford City is at $1,027,191; last year it was $761,044 for the same months.
- Brookledge apartment occupancy remains high at 93% for April 2022.
- Landfill daily average for March 2022 came in at 62.5 tons; in March 2021 it came in at 53.4 tons.
Matt Hanson is the new CEO for McKenzie Electric Cooperative. Hanson has over 17 years of experience in the field. Hanson most recently served as McKenzie Electric’s Chief Operating Officer and is taking the place of the now-retired John Skurupey. See more in this press release.
The March Economy at a Glance is now available. Some data of note include:
- All cattle and calf inventory for McKenzie County increased from 81,000 in 2020 to 83,000 in 2021.
- The total true and full value of property in McKenzie County increased from $3,205,480,881 in 2020 to $3,290,936,283 in 2021.
- City sales tax distribution for Watford City is $720,787 for January-February 2022; in January-February 2021, it was $488,586.
The Bakken Area Skills Center is $6.6 million closer to reality. The North Dakota State Board for Career and Technical Education awarded $6.6 million towards the project and indicates more may be coming. See more in this update from McKenzie County School District #1 Superintendent Steve Holen.
The February Economy at a Glance is now available. Some data of note include:
- McKenzie County labor force is 8,601 for December 2021, one year prior it was 8,390.
- Price of oil for December 2021 came in at $71.71, one year prior it was $47.02.
- Apartment occupancy rate for Brookledge is 96% for February 2022, one year prior it was 60%.
The Bismarck Bucks football team will begin their training this year starting February 24 at the Rough Rider Center. While here there will also be a Young Bucks Training Camp for kids ages 5-15 on February 27, as well as a scrimmage on March 4.