State Treasurer Dale R. Folwell, CPA, and the Local Government Commission (LGC) announced today that starting with the Jan. 7, 2020 meeting, the LGC will provide a call-in number for members of the media to monitor the monthly meetings of the commission. The new service is part of the Department of State Treasurer’s (DST) ongoing transparency initiatives across its divisions.
Press Releases
State Treasurer Dale R. Folwell, CPA, announced today the extension of a fee holiday that increases two-year savings to more than $4 million for members of North Carolina Supplemental Retirement Plans.
State Treasurer Dale R.
State Treasurer Dale R. Folwell, today called for Governor Roy Cooper to replace his N.C. Department of Transportation (NCDOT) secretary. NCDOT has spent nearly $7 billion for fiscal year 2019 against revenues of $5 billion for that year. This overspending resulted in NCDOT, not the governor, going to the North Carolina General Assembly (NCGA) and requesting a bailout costing hundreds of millions of dollars. Being treated differently than every other branch of state government and not held to account requires discipline that the leadership at NCDOT has not demonstrated.
State Treasurer Dale R. Folwell, CPA, through the State and Local Government Finance Division, announced today the issuance of $600 million of voter-approved General Obligation Public Improvement (Connect NC) Bonds. The sale is the third of $2 billion approved in 2016 for universities, community colleges, local parks, infrastructure improvement and other projects. The total amount of interest to be paid over the life of the Bonds is approximately $212 million. The prior issuances of $200 million and $400 million occurred in 2016 & 2018 respectively.
State Treasurer Dale R. Folwell, CPA, the State Health Plan (Plan) and Blue Cross Blue Shield of North Carolina (Blue Cross NC) announced today that the Plan's network for 2020 will consist of Blue Options Network and the new North Carolina State Health Plan Network. Combined, this network will consist of more than 68,000 providers.
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) announced today that CaroMont Health has signed a contract to join the North Carolina State Health Plan Network.
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) announced today that the State Health Plan Network is reopening the time for medical providers to sign up for the State Health Plan Network. Additionally, the Plan is increasing its payments to some rural and urban hospitals. paying, on average, almost double the amount paid by Medicare.
Treasurer Dale R. Folwell, CPA, the Supplemental Retirement Board of Trustees and staff have been recognized by the National Association of Government Defined Contribution Administrators (NAGDCA) as a Leadership Award recipient for outstanding achievement in Plan Design and Administration.
State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) announced today that the State Health Plan Network has exceeded 27,000 medical providers to join the new North Carolina State Health Plan Network. The new network will launch on January 1, 2020 and will provide healthcare coverage to more than 720,000 teachers and state employees.