Topics Related to OST Press Release

I would like to thank the members of the North Carolina Senate for advancing such a fiscally responsible budget. The current proposal fully funds the State Health Plan, the state retirement systems and the state’s debt service as well as setting aside, for the first time ever, money for the Pension Solvency Reserve. Additionally, it provides unparalleled resources for water and sewer infrastructure needs at a time when communities are struggling to maintain fiscal stability while meeting public health and environmental responsibilities.

Started by the American Motorcyclist Association in the early 1980s, May has become the month in which motorcycle enthusiasts seek to educate drivers to be aware of motorcycles and to call attention to safety issues affecting motorcycle riding. State Treasurer Dale R. Folwell, CPA, an avid motorcyclist, is asking North Carolinians to look out for motorcycles as people hit the roads for vacations this summer.

State Treasurer Dale R. Folwell, CPA, heralded today the anniversary of Rotary International (Rotary) and its 116 years of uniting friends, neighbors and leaders to take action in creating lasting change across the world, at home and in ourselves.Rotary was started in Chicago, Ill., on Feb. 23, 1905 by Chicago attorney Paul Harris. There are currently more than 1.2 million worldwide members of the organization comprised of professionals and business leaders in over 32,000 clubs in 200 countries.

With an eye toward the magnitude of the state’s combined unfunded pension and retiree health care costs, State Treasurer Dale R. Folwell, CPA, said it is imperative the state’s capacity for future borrowing is accurately calculated to avoid fiscal strain and budget predicaments.

State Treasurer Dale R. Folwell, CPA, will broadcast the Dec. 1, 2020 Council of State (COS) meeting live on the Department of State Treasurer (DST) Facebook page starting at 9 a.m.

 The results reflect that voters of all persuasions wanted to keep the best treasurer money can’t buy.  Every major newspaper, the State Employees Association of North Carolina and other important groups endorsed our culture of competence and transparency on behalf of those who teach, protect and otherwise serve and taxpayers like them.  As the keeper of North Carolina’s public purse there is no Republican, Democrat or Independent money at the Treasurer’s Office. It’s all green!

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 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.

State Treasurer Dale R. Folwell, CPA, and the Financial Operations Division (FOD) of the Department of State Treasurer (DST) announced today that North Carolina has received another $1.5 billion from the federal government as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act, as passed by Congress and signed by the President, will provide $150 billion for the Coronavirus Relief Fund including direct payments to states, the District of Columbia, U.S. Territories, and eligible units of local government based on population.

State Treasurer Dale R. Folwell, CPA, announced his support for reopening Charlotte Motor Speedway (CMS) for the NASCAR All-Star Race and the Coca-Cola 600 in May. Treasurer Folwell’s call for Gov. Roy Cooper to modify his executive order that canceled all NASCAR races in the state echoes five Charlotte-area NC Senators to allow the event to proceed WITHOUT fans in attendance.