In recent media interviews, Pilot Mountain Mayor Evan Cockerham has asserted that the Local Government Commission (LGC) “failed to alert us to financial discrepancies and, thus far, have offered only limited guidance.” This statement is factually inaccurate. In fact, LGC staff have been meeting with the town representatives for the last eight years, expressing concerns about Pilot Mountain’s financial health and fiscal management.
Press Releases
A majority of Local Government Commission (LGC) members veered from longstanding staff guidelines to approve an incomplete $78 million financing request from Cabarrus County at their meeting Tuesday, Nov. 12. The 5-4 vote went against a staff recommendation to delay the vote while awaiting important information to complete the county’s application. Commission members unanimously approved a separate Cabarrus County request for $73 million.
State Treasurer Dale R. Folwell, CPA announced today that S&P Global Ratings has affirmed its 'AAA' long-term rating on North Carolina's outstanding general obligation (GO) bonds. Additionally, the agency affirmed the state’s 'AA+' rating on appropriation-backed obligations including Build NC bonds and those issued by the North Carolina Turnpike Authority.
On behalf of the North Carolina Department of State Treasurer I would like to extend congratulations to Treasurer-elect Brad Briner for his election as the 29th State Treasurer of North Carolina. I wish him success in his future endeavors with the Department of State Treasurer. Our hearts, minds and doors will be open to Treasurer-elect Briner as we move forward with the transition of administrations. The staff and I will be available to him to answer any questions and assist with the move-in process.
State Treasurer Dale R. Folwell, CPA, weaved around food stands, farm animals and the Ferris wheel at the North Carolina State Fair on Wednesday, Oct. 23, to get to his favorite booth: The Department of State Treasurer’s (DST) Unclaimed Property Division (UPD) kiosk for a sizable check presentation to the Cary-based Triangle Literacy Council.
State Treasurer Dale R. Folwell, CPA, expressed support today for the N.C. Supreme Court’s (Court) ruling in favor of New Bern eye surgeon Dr. Jay Singleton. The Court vacated a Court of Appeals’ decision and ruled that Mr.
I concur with the Governor’s emergency executive order extending additional benefits to areas hit the hardest by Hurricane Helene. While natural disasters are nothing new in North Carolina, they always present new opportunities to learn important lessons. I recommend that the Governor, working with local, state and federal officials and agencies, resolve to more clearly define and identify areas that are most impacted by this and future disasters.
State Health Plan and Aetna leaders today visited with state employees in Wilmington as part of their months-long “road tour” to formally introduce the Plan’s new third-party administrator to members in every reach of North Carolina.Officials from both sides of the partnership spoke and answered questions from Plan members at UNC-Wilmington. An Aetna-themed bus was stationed at the event, at which attendees could check biometrics like blood pressure and receive flu shots.
Samaritan’s Purse has toiled tirelessly in hurricane-splintered Western North Carolina, illustrating its commitment to the biblical lesson of the Good Samaritan to love and help our neighbors. State Treasurer Dale R. Folwell, CPA, returned the favor, delivering money that got sidetracked into the Department of State Treasurer (DST) to the Christian charity.
State Health Plan and Aetna leaders today visited with state employees in Winston-Salem as part of their months-long “road tour” to formally introduce the Plan’s new third-party administrator to members in every reach of North Carolina.Officials from both sides of the partnership spoke and answered questions from Plan members at Forsyth Technical Community College. An Aetna-themed bus was stationed at the event, at which attendees could check biometrics like blood pressure and receive flu shots.