The Local Government Commission (LGC) voted Tuesday to begin a formal process to determine whether two financially troubled North Carolina towns, Ronda (Wilkes County) and Rowland (Robeson County), can be financially rehabilitated or should ultimately be dissolved.
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State Treasurer Brad Briner announced today that S&P Global Ratings has re-affirmed North Carolina’s AAA rating on its outstanding general obligation bonds.
Treasurer Brad Briner chairs the October
The 2026 round of interest free Cashflow Loans is now being distributed to communities in Western North Carolina. The legislature was able to set aside $20 million in the 2026 state budget as part of ongoing efforts to help communities devastated by Hurricane Helene. As with the previous three rounds, this funding is administered by the North Carolina Department of State Treasurer (DST).
In response to ongoing questions from media and the general public about the decision of the Local Government Commission (LGC) to place Greensboro on its Unit Assistance List (UAL), the Department of State Treasurer is releasing the attached fact sheet to answer many of the questions associated with this designation.
The Chair of the Local Government Commission (LGC), Treasurer Brad Briner, is applauding Ronda’s elected leaders for making the difficult decision to begin the process of dissolving the Town’s charter. This vote, taken Tuesday, is the first step in the process, and LGC officials say it is the responsible path forward.
The Local Government Commission (LGC) is taking a more consistent approach to identifying local governments that may need additional financial oversight and assistance, regardless of their size.
The Department of State Treasurer is notifying local governments that it is ready to disperse the 2026 round of Cash Flow loans for Hurricane Helene affected communities. The legislature appropriated $20 million dollars in this year’s budget for cities and counties who need additional funding due to the extent of their damages and ongoing cleanup and cashflow needs while seeking resources through more traditional means
The Local Government Commission (LGC) approved more than $814 million in financing requests at its Aug. 4 meeting, with proposals supporting drinking water and wastewater infrastructure, PFAS treatment, stormwater improvements, school renovations, public safety facilities, affordable housing and senior living projects across North Carolina.