Fiscal Management
The Fiscal Management Division oversees the budgeting, accounting, payroll, and financial reporting functions for North Dakota state government entities.
The budget staff, along with the Governor and his staff, develop the Governor's executive budget recommendations. These recommendations are presented to the Legislature prior to each legislative session. The budget staff monitors and supports the executive budget recommendation through final passage by the Legislature and approval by the Governor.
The accounting staff assures that all bills owed by state entities are paid timely and recorded accurately using the PeopleSoft financial system. Information on state government spending is available on the Fiscal Management website.
The payroll staff is responsible for ensuring all state employees are paid timely and accurately on a monthly basis. The PeopleSoft Payroll system also records leave earned and taken by employees.
Each year a Comprehensive Annual Financial Report (CAFR) is prepared by the CAFR staff. The CAFR is the financial statement for the state.
Other duties of the Fiscal Management Division of OMB are to establish Fiscal and Administrative Policies, provide out-of-state per diem rates and the employee travel reimbursement form and produce publications including a monthly Rev-E-News newsletter.
New! State Spending - Searchable Database of Expenditures: Search State Government and University System expenditures by vendor, business unit, account, fund, and job title.
Recovery Spending and Jobs (129 kb pdf): North Dakota state agencies have been awarded nearly $480 million through the American Recovery and Reinvestment Act (ARRA). As of December 31, 2009, $175.5 million of these dollars have been spent. During the quarter ended December 31, 2009, 2,097.08 North Dakota jobs were funded in whole or in part with ARRA funds. Private sector (non-state agency) positions totaled 2,057.33, while 39.75 jobs were within state agencies. In many cases, particularly with state agencies, these were not new positions, rather they existed prior to ARRA. When the ARRA funding evaporates, the positions will revert to their original funding sources. If additional funding is not available, the positions will be eliminated.