Topics Related to OST Press Release

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.

State Treasurer Dale R. Folwell, CPA was released from Wake Forest Baptist Medical Center after five days of treatment due to symptoms related to the COVID-19 virus. A little more than a week ago, he was diagnosed with the virus. It has primarily impacted his respiratory system, producing a severe cough. As he was convalescing at home, the cough became more acute, resulting in his physician, Dr. John Bernot, M.D., recommending that he admit himself to the hospital.

After a recent, long-planned trip with my son, I returned early to Raleigh on Monday, March 16, for three days to address the growing volatility and downturn in the financial market, and its impact on the state pension plan’s $100 billion in investments. As many who know me can attest, I have a perennial cough that I believe is a reaction to my tendency to stutter as a child. Upon my return to work, I experienced what I thought was my seasonal reaction to spring pollen which has always severely accentuated my cough.