Topics Related to OST Press Release
State Treasurer Dale R. Folwell, CPA, announced that he is joining 23 other state treasurers, auditors and financial officers in signing a letter opposing legislation that gives the Internal Revenue Service (IRS) sweeping new powers to monitor American bank accounts with more than $600 in deposited funds.
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. Many feel that the extra payments are preventing people from returning to work.
During the August meeting of the North Carolina Council of State (COS) earlier today, Gov. Roy Cooper indicated that when additional federal unemployment payments end in September, state unemployment payments will return to their normal levels. The Governor’s statement came after State Treasurer Dale R. Folwell, CPA, and other members of the COS spoke about the devastating impact the extended benefits are having on employers across the state.
Having reviewed responses from other North Carolina Council of State (COS) members, State Treasurer Dale R.
Much needed changes promoting good government at the Department of State Treasurer (DST) were signed into law yesterday by Gov. Roy Cooper. Passed with the bipartisan support by the North Carolina General Assembly, all four pieces of legislation will significantly help DST provide vital services to state and local employees. The four bills are:
State Treasurer Dale R. Folwell, CPA, called on Gov. Roy Cooper to allow Executive Order 206 to expire on June 30. The order was originally issued in October 2020 and most recently e
Statement from State Treasurer Dale R. Folwell, CPA on Senate Bill 105 – the 2021 Appropriations Act
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.