Press Releases
State Treasurer Dale R. Folwell, CPA, is encouraging North Carolinians to complete their 2020 Census Bureau forms to ensure the state receives its proper share of hundreds of billions of federal dollars.Federal funding distributions to the state and local governments are critical for everything from education and housing to public works projects and roads.
It is with sadness that I would like to express condolences to the family of Melanie Goodwin upon her death on Tuesday. We entered the N.C. House of Representatives together as freshmen members in 2005 and quickly became friends. Her door, mind and heart were always open to colleagues and constituents alike as she worked tirelessly to attack problems facing the state and its people. She was the first sitting House member in North Carolina to give birth while in office, and later continued her public service on the N.C. Industrial Commission.
State Treasurer Dale R. Folwell, CPA, reported today to the Investment Advisory Committee (IAC) that the state pension fund (the Fund), comprised of the retirement plans the N.C. Department of State Treasurer manages, had gains of 6.38% for the 2nd quarter. Pension fund assets were valued at $103.9 billion on June 30, 2020, an increase of $5.6 billion from $98.3 billion at the end of the 1st quarter of 2020.
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) announced today that the Plan will reopen the N.C. State Health Plan Network for new medical providers to join. Medical providers will have from Sept. 15 to Oct. 15, 2020, to sign up. Providers who join will be included in the network effective Jan. 1, 2021.
State Treasurer Dale R. Folwell, CPA, announced today that he has confirmed with Tyrrell County Commission Chair Nathan Everett that more than 125 prisoners have been transferred to the Tyrrell Prison Work Farm.
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) today announced that the Plan is again extending the cost waiver for COVID-19 testing and treatment for members diagnosed with COVID-19, including associated deductibles, copayments, and coinsurance. This marks the Plan’s second extension of cost waivers for COVID-19 testing and treatment.
In the interest of protecting the state bond ratings, State Treasurer Dale R. Folwell, CPA, today called for N.C. Department of Transportation Secretary J. Eric Boyette to replace the department’s chief operating and financial officers. Treasurer Folwell previously called for Gov. Roy Cooper to replace former NCDOT Secretary James Trogdon and to transfer financial management of NCDOT to the Office of State Budget and Management because of the gross financial mismanagement of NCDOT.
State Treasurer Dale R. Folwell, CPA, announced today that Greg C. Gaskins will leave his position as Secretary of the North Carolina Local Government Commission (LGC) and Deputy Treasurer of the State and Local Government Finance Division (SLGFD) on Nov. 30, 2020. Greg has served admirably in these positions since February of 2015. Sharon Edmundson, currently Director of the Fiscal Management Section, will be promoted effective immediately to Deputy Treasurer and Division Director of the SLGFD. She will succeed Gaskins as Secretary of the LGC on Dec. 1, 2020.
State Treasurer Dale R. Folwell, CPA, today invited all members of the Council of State (COS) to join him at the Department of State Treasurer (DST) to participate in the regularly scheduled COS meeting. Attendees will be socially distancing and adhering to all federal Centers for Disease Control and Prevention and state Department of Health and Human Services guidelines. Last week, Treasurer Folwell requested that Gov. Roy Cooper hold the July 7 COS meeting at its regular location in the Dobbs building. The request was denied.
State Treasurer Dale R. Folwell, CPA expressed his appreciation for the work done by Senate and House Appropriations Chairs and all members of the North Carolina General Assembly (NCGA) for their efforts in passing bipartisan bills that address the state's $50 billion in unfunded pension and health care liabilities as well as fully fund benefit packages for the year.