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Measure 3 aims to enhance Legacy Fund

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Measure 3 aims to enhance Legacy Fund


The rapid growth of the Legacy Fund and a potential opportunity to expedite that growth even further has led the North Dakota Legislature to offer Measure 3 to voters.

The measure on the Nov. 5 ballot would change some of the rules and definitions surrounding the Legacy Fund, established by voters in 2010 as a trust fund for 30% of the state’s oil and gas production taxes.

“It’s grown faster than we anticipated,” said Rep. Corey Mock, D-Grand Forks. “We didn’t think the Legacy Fund would hit a billion dollars for at least 10 years.”

The Legacy Fund currently holds more than $10 billion.

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Under terms established when the fund was created in 2011, the Legislature can spend up to 15% of the principal with a two-thirds vote. The expectation was that 15% would amount to $150 million in 10 years. Given the size of the fund today, the Legislature has proposed to reduce the eligible spending of principal to 5%, which comes to $500 million, said Mock, a sponsor of the legislative resolution creating the constitutional change in Measure 3.

The reduction in principal that can be spent is one piece of Measure 3. Another piece deals with the fund’s earnings.

Earnings from the Legacy Fund could not be tapped for the first seven years, but now, earnings automatically go into the general fund on June 30 of every odd-numbered year.

A technical change in Measure 3 eliminates the June 30 distribution and replaces it with language stating the earnings will go into a Legacy earnings fund, which can be invested. Currently, earnings aren’t being invested.

Mock said market fluctuations make tying distributions to a particular date problematic. The market could be bullish or it could be the opposite, forcing the state to sell assets at a loss, he said.

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“Because we were calculating everything on a specific date, it made it very difficult for the managers to budget, to predict and to invest wisely. But it’s the only fund where we do it this way,” Mock said, noting other state funds use a rolling average.

In addition to the Measure 3 resolution, the Legislature passed Senate Bill 2330, which defines Legacy earnings as 7% of the rolling five-year average of the fund balance.

“That can be liquidated and maintained in a cash account for the transfer without the risk of penalty. We’re not jeopardizing our stock positions. We’re not having to change our investment strategy because of the timing,” Mock said. “It’s far more predictable. We already know what we’re going to have for earnings next year.”

A fiscal analysis prepared by the Legislative Council using inputs from state investment managers showed the impact of the changes associated with Measure 3 and SB 2330 are significant, Mock said.

Under the current earnings definition and the fund’s 5.5% return, by 2035, the Legacy Fund would contain about $20 billion, with earnings of about $1.3 billion. By 2045, the fund would have just over $30.3 billion, with earnings of $2 billion. In 2055, the fund would have $41.3 billion, producing $2.8 billion in earnings.

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With the proposed changes to principal spending and the earnings definition, as well as a 7.2% return, by 2035 the Legacy Fund could contain more than $24.6 billion, producing $1.4 billion in earnings, or about $100,000 more than not making the changes. However, by 2045, the fund would be expected to grow to $43 billion, generating earnings of more than $2.6 billion, and in 2055, the $65.5 billion fund would generate more than $4 billion.

Mock said the investment board views the 7.2% return as realistic, but even scenarios using lesser returns generate significantly more earnings than currently.

The numbers used in the projections also forecast a declining amount of oil revenue going into the fund. The projections are based on input from the North Dakota Department of Mineral Resources, Mock said.

SB 2330 passed the House and Senate without dissent. House Concurrent Resolutions 3033, which created Measure 3, passed the Senate 45-1 and House 92-1.

Voters will decide on Nov. 5 whether they also want to support the changes to the Legacy Fund in Measure 3 with a “yes” vote.

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“The bill went through a lot of variations and we brought forward what we think is a very, very responsible measure,” Mock said. “People really understand the Legacy Fund is an important asset, and this minor change can have a meaningful impact.”

Measure 1 replaces

outdated language

North Dakota voters will decide on replacing outdated language in their state constitution with new definitions in Measure 1 on the Nov. 5 ballot.

Measure 1 was placed on the ballot by the 2023 Legislature.

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The measure replaces “school for the deaf and dumb of North Dakota” with “school for the deaf and hard of hearing” in its constitutional reference. A “state hospital for the insane” would become “state hospital for the care of individuals with mental illness.” An “institution for the feebleminded” would become “facility for individuals with developmental disabilities,” and a “state hospital for the mentally ill” would change to “state hospital for the care of individuals with mental illness.”

A “yes” vote on Measure 1 would make those changes.



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North Dakota

Presidential Searches at 3 North Dakota Colleges Narrowing

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Presidential Searches at 3 North Dakota Colleges Narrowing


(Michael Achterling/North Dakota Monitor)

 

(North Dakota Monitor) – Two North Dakotans are semifinalists for the Bismarck State College president’s job as North Dakota State University narrows its presidential candidate list.

Valley City State University also is searching for a new president, with an application period closing this month..

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Kevin Black, chair of the State Board of Higher Education and co-chair of the North Dakota State University Presidential Search Committee, said the committee reviewed over 60 applications. The committee is planning off-site interviews with candidates March 9-10 and campus visits with semifinal candidates March 23-27.

“We’re really excited about taking the next step and there’s some very quality people in there,” Black said.



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After falling short a year ago, West Fargo United wins ND girls hockey state title

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After falling short a year ago, West Fargo United wins ND girls hockey state title


FARGO — One season ago, a Cinderella run for the West Fargo United girls hockey team came up just short in the state championship game.

United, the No. 7 seed, fell to Legacy/Bismarck in the 2025 final.

This time around, the team had momentum swaying in its favor, riding nine consecutive wins into Saturday’s title game against Grand Forks at Scheels Arena.

Led by goals from a pair of senior captains, United capped its redemption season with a 10th straight victory, fending off the KnightRiders 2-1 to claim the North Dakota girls hockey state tournament championship.

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“It just means everything,” said United’s Payton Stocker, whose goal at the 12:31 mark of the second period gave her team a 1-0 lead. “We’ve worked so hard and throughout the season, it’s just been such a battle. Winning and coming out on top is just such a great feeling.”

West Fargo United captains react as they are presented the team’s 2026 state championship hockey trophy after defeating Grand Forks on Saturday, Feb. 28, 2026, at Scheels Arena in Fargo.

Eric Hylden / Grand Forks Herald

Stocker was followed up in scoring by United captain Rachel Spanier. The defenseman fired a slap shot from the left point that beat Grand Forks goaltender Kylie Schmaltz to make it 2-0 with 35 seconds remaining in the middle frame.

Reagan Wilson locked things down in net for United, finishing with 23 saves and picking up an all-tournament team nod.

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“This is my first year of high school hockey,” the sophomore goaltender said. “I can’t believe coming in here and winning a state title with all of these girls. I just love them so much.”

While it was the senior duo of Stocker and Spanier finding the net for United on Saturday, contributions were seen across the board.

Sophomore Emma Hassler also put forth an all-tournament campaign with five goals and an assist for six points over the three-day stretch.

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Grand Forks’ Dustee Balek’s shot is blocked by West Fargo United goalie Reagan Wilson in the North Dakota girls hockey state championship game on Saturday, Feb. 28, 2026, at Scheels Arena.

Eric Hylden / Grand Forks Herald

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Freshman Kaylee Augdahl finished the tournament with four points — including

a double-overtime winner

over Fargo North/South in Friday’s semifinals — and junior Liana Williamson added three assists.

“It wasn’t just us (seniors),” said Stocker, who joined Hassler and Wilson on the all-tourney team. “It was everyone collectively. Being seniors, it feels a lot better. It was a great feeling.”

United, the No. 5 seed this year, capped its season with a record of 17-9-0.

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“These girls are awesome,” first-year United head coach Kennedy Blair said. “They’ve worked super, super hard since last April. Wake up early in the mornings, go into off-ice training, on-ice training and all that.

“This group of girls is really special. They’re a really close-knit group, and they trusted our coaching staff coming in as a first-year group.”

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West Fargo United players pose for the camera as they wait for the 2026 state championship hockey trophy after defeating Grand Forks on Saturday, Feb. 28, 2026, at Scheels Arena.

Eric Hylden / Grand Forks Herald

Blair knows a thing or two about winning championships. She was a North Dakota state champion goaltender with the former Bismarck Blizzard co-op and also won an NCAA Division I national title with the Wisconsin women’s program in 2021.

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Yet, she never imagined ending her first year as a high school varsity coach with a state championship.

“No, I didn’t,” said Blair, who also won North Dakota High School Coaches Association Coach of the Year honors. “But I had belief in these girls that we could get to the state championship again.”

It’s the United co-op’s first-ever state title — which consists of West Fargo, West Fargo Sheyenne and West Fargo Horace high schools.

Prior to Saturday, the last time a West Fargo girls program won the state title was in 2014 when it was still a standalone program competing as the Packers.

“It’s amazing considering United hockey has never won a championship game,” Wilson said.

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Grand Forks, the tournament’s No. 2 seed, ended its campaign with a 21-5-0 record.

Ella Yahna’s fourth goal of the tournament — which came on a 2-on-1 rush with the assist from teammate Reese Meagher, put the KnightRiders within one shot with 8:17 remaining in the third.

Grand Forks, however, was unable to find the equalizer as its bid for a first state championship came up just short.

“I thought we came out in the first and we had a tough time,” Grand Forks head coach Kelly Kilgore said. “I felt we battled some nerves. I really liked our second period … We carried the play and tilted the ice a little bit back in our favor. The shots kind of started to really turn in our favor.”

Stocker said she wouldn’t have wanted to win a state title as a senior with any other group of teammates.

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“(They mean) everything,” Stocker said. “We’re so tight and they’re all my friends. Leaving them is going to be hard. But they mean everything to me. We’re all so close and I love them a lot.”

FIRST PERIOD: No scoring.

SECOND PERIOD: 1, WFU, Stocker (Augdahl, Hassler), 12:31. 2, WFU, Spanier (Augdahl, Stocker), 16:25.

THIRD PERIOD: 3, GF, Yahna (R. Meagher), 8:43.

SAVES: WFU, Wilson 7-13-3—23. GF, Schmaltz 7-3-14—24.

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Grand Forks’ Reese Meagher skates past West Fargo United’s Reaghen Mathias in the first period of the North Dakota girls hockey state championship game on Saturday, Feb. 28, 2026, at Scheels Arena.

Eric Hylden / Grand Forks Herald





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$2 million anonymous donor to Grand Forks Children’s Museum is revealed

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 million anonymous donor to Grand Forks Children’s Museum is revealed


GRAND FORKS — The Grand Forks Children’s Museum has revealed the anonymous donor of the $2 million in matching funds that prompted others to step forward and bring the fundraising campaign closer to its goal of $35 million.

“It is with deep gratitude that the Grand Forks Children’s Museum now shares the name behind that bold vision,” said Katie Mayer, executive director of the museum, in naming Pam Laffen of Grand Forks as the anonymous donor.

With this gift and other major contributions, the fundraising campaign “stands at just $1.75 million remaining, bringing the finish line clearly into view,” Mayer said.

The museum “reflects Pam’s passion for learning and her belief in creating meaningful opportunities for children which have guided her life’s work and are deeply reflected in this gift,” she said.

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Laffen said, “I am honored to be part of a community that supports a project dedicated to encouraging growth in education and service for future generations.”

Recognizing the impact of Laffen’s gift, Mayer said, “Pam and her late husband, Lonnie, shared a deep appreciation for this community. Being raised in a rural area in North Dakota taught them to be actively engaged in their immediate and surrounding communities across the state.”

Members of the Grand Forks Children’s Museum Staff and Fundraising Team are (back row, from left) Alyssa Donacki, Diane Martinson, Ashley Stroble, Katie Mayer, Pam Laffen, Betsey Aasen and Kim Woods and (in front) Maura Tanabe (left) and Sally Miskavige.

Contributed / Grand Forks Children’s Museum

At the start of the “Unlocking Tomorrow, Together Challenge,” the $2 million would be released, or “unlocked,” with the receipt of each of eight $250,000 donations. The challenge actually resulted in “securing nearly 10 leadership-level commitments and accelerating the campaign even further,” Mayer said.

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A leadership gift of $250,000 from the Pancratz Family Foundation, based with the Fargo-Moorhead Area Foundation, has helped to “unlock one of the final keys in the challenge,” according to an announcement from the museum. The gift has added “meaningful momentum at a pivotal time in the campaign.”

The foundation’s commitment to the museum “reflects a strong belief in expanding opportunity for children and families, and helped carry the challenge to completion.”

The final keys to the $2 million matching grant were “propelled by an extraordinary wave of generosity from families and businesses across our community,” Mayer said.

A vertical climber, to be named for Pam Laffen, is designed to physically and symbolically connect the land and sky levels of the museum, Mayer said. It will span two stories and include a slide. Designed to face 42nd Street, it will be visible from the road, serving as a signature feature of the building.

The climber will reflect the guiding phrase “In land, we root. Through sky, we rise. Together, we grow.”

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“The words echo both the spirit of the community and the belief that learning, curiosity, exploration and opportunity are built step-by-step, grounded in place and lifted by possibility,” Mayer said.

Pamela Knudson
Pamela Knudson is a features and arts/entertainment writer for the Grand Forks Herald.

She has worked for the Herald since 2011 and has covered a wide variety of topics, including the latest performances in the region and health topics.

Pamela can be reached at pknudson@gfherald.com or (701) 780-1107.





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