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FM Diversion and Dam Increases national debt

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Fargo Dam and FM Diversion Costs as of October 31, 2017

Fargo Dam and FM Diversion Costs as of October 31, 2017

Fargo Diversion Authority spent another $1,085,305.57 from September 30, 2017 to October 31, 2017. Over 26.1 percent of the original projected cost. The Fargo Diversion Authority has pumped over $109.2 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of September 30, 2017

Fargo Dam and FM Diversion Costs as of September 30, 2017

Fargo Diversion Authority spent another $4,884,032.99 from August 31, 2017 to September 30, 2017. Over 25.8 percent of the original projected cost. The Fargo Diversion Authority has pumped over $108.7 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of August 31, 2017

Fargo Dam and FM Diversion Costs as of August 31, 2017

Fargo Diversion Authority spent another $7,508,613.98 from July 31, 2017 to August 31, 2017. Over 24 percent of the original projected cost. The Fargo Diversion Authority has pumped over $108 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of July 31, 2017

Fargo Dam and FM Diversion Costs as of July 31, 2017

Fargo Diversion Authority spent another $24,454,553.37 from June 30, 2017 to July 31, 2017. Over 24 percent of the original projected cost. The Fargo Diversion Authority has pumped over $96.9 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of June 30, 2017

Fargo Dam and FM Diversion Costs as of June 30, 2017

Fargo Diversion Authority spent another $5,696,856.75 from May 31, 2017 to June 30, 2017. Nearly 24 percent of the original projected cost. The Fargo Diversion Authority has pumped over $94.5 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Property Owners Face Huge TAX Bills Due to Fargo Dam and FM Diversion

Property Owners Face Huge TAX Bills Due to Fargo Dam and FM Diversion

With all the chaos involving the Fargo-Moorhead Diversion, the tax implications of the landowners are often overlooked. That wrenching pit in your stomach that arrives when you finish your income tax filing and gaze at the total tax bill that is due.

P3 Financing Funding the Fargo Dam and FM Diversion Project

P3 Financing Funding the Fargo Dam and FM Diversion Project

Why would any P3/PPP lender with any common sense borrow money to a project that is already operating in the red?

Fargo Dam and FM Diversion Costs as of May 31, 2017

Fargo Dam and FM Diversion Costs as of May 31, 2017

Fargo Diversion Authority spent another $12,343,179.35 from April 30, 2017 to May 31, 2017. Nearly 23 percent of the original projected cost. The Fargo Diversion Authority has pumped over $94.4 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee with buyouts running to 200-900 perecent…, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of March 31, 2017

Fargo Dam and FM Diversion Costs as of March 31, 2017

Fargo Diversion Authority spent another $5,754,258.85 from February 28, 2017 to March 31, 2017. Nearly 22.55 percent of the original projected cost and no genuine start on the actual main project. The Fargo Diversion Authority has pumped over $92.2 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee with buyouts running to 200-900 perecent…, courtesy of state and local taxpayers.

Fargo Dam and FM Diversion Costs as of February 28, 2017

Fargo Dam and FM Diversion Costs as of February 28, 2017

Fargo Diversion Authority spent another $ 261,133.06 from January 31, 2017 to February 28, 2017. 1/4.45 th (22.54 percent) of the original projected cost and no genuine start on the actual main project. The Fargo Diversion Authority has pumped over $92.1 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee with buyouts running to 200-900 perecent…, courtesy of state and local taxpayers.

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