North Dakota property tax credit popular but new budget cap causing some headaches

An expanded property tax credit is proving to be popular with North Dakota homeowners, but a 3% cap on annual property tax increases is creating challenges for local governments.North Dakota Monitor reporter Mary Steurer talks to Craig Blumenshine, producer and host of Prairie Public’s Main Street, about why the state now projects the expanded property tax credit will cost $20 million more than projected.Meanwhile, local cities, counties and school boards say the new cap is making budgeting stressful. Some suggest lawmakers change the law in 2027 to link the cap to inflation or exempt costs like public safety, infrastructure and election expenses.