All Press Releases

Clayton $80 Million Loan Tied to Rapid Growth, Ratepayer Protection

The Local Government Commission (LGC) has approved a request by the town of Clayton to seek an $80 million revolving loan provided by the state of North Carolina for a sewage treatment facility to accommodate rapid residential growth and industrial demands.

Treasurer Folwell Asks Gov. Cooper Not to Use CARES Money to Extend Extra Unemployment Benefits

Additional federal unemployment benefits are scheduled to expire on Sept. 6, as the pandemic emergency employment compensation and pandemic unemployment assistance programs are ending. These programs are paying an additional $300 a week to eligible unemployment applicants.

Treasurer Folwell Praises 38 Entities for Moving from Stress to Success

In a sweeping success story for local governments around the state, the Local Government Commission (LGC) has removed 38 entities from its Unit Assistance List (UAL), a monitoring device that flags and tracks local governments and public authorities battling financial and governance challenges.

Statement from State Treasurer Dale R. Folwell, CPA on Governor Cooper’s Signing of SB 314 – The Local Government Commission ‘Tool Kit’

I’d like to thank Gov. Roy Cooper for signing SB 314 - the Local Government Commission “Tool Kit” into law.

Treasurer Folwell Announces Awarding of $252.6 Million in GARVEE Bonds

State Treasurer Dale R. Folwell, CPA, announced today the awarding of $252.6 million in Grant Anticipation Revenue Vehicle Bonds (GARVEE bonds).