Treasurer Brad Briner took out his personal checkbook today to pay off the first loan repayment due for the Cashflow Loan Program. The loans, which were distributed last year to Hurricane Helene-affected communities, had an initial, nominal $1 repayment due this fiscal year. As many communities are still continuing their recovery efforts, the treasurer wants to take one clerical action off their plates.
Topics Related to Treasurer Briner Administration Press Releases
The Local Government Commission (LGC) today approved requests from the city of Raleigh (Wake County) to issue $221 million in bonds to support its 17-story City Hall across the street from historic Nash Square and to support other public safety buildings.
The North Carolina Retirement Systems (NCRS) Boards of Trustees (BOT) voted today to modify policies intended to make it easier to give retirees a cost-of-living adjustment (COLA) in their monthly benefit payments, effective in the fiscal year beginning in 2027.
Votes taken by the State Health Plan (Plan) Board of Trustees yesterday aim to improve health outcomes for members while also considering cost transparency and long-term affordability. The trustees approved contracts with three clinically integrated networks (CINs): Aledade, Community Care Physician Network and UNC Health Alliance. These agreements represent the first phase of the Plan’s new preferred provider strategy.
The state’s Debt Affordability Advisory Committee (DAAC) voted today to approve a study that concluded the state has sufficient debt capacity to borrow nearly $2 billion in each of the next 10 years for capital projects and $155 million annually for transportation projects.
State Treasurer Brad Briner announced today that Tim Melton will be the Department of State Treasurer’s interim general counsel. The move follows current General Counsel Ben Garner’s decision to resign at the end of this month to take a job in the private sector. “Ben has been a valued member of our senior staff. During his six years as general counsel, his steady-handed legal guidance has been exemplary. Ben’s professional judgment has been sound and trusted, and his dedication to public service unwavering. He will be missed,” Treasurer Briner said.
The North Carolina Retirement Systems (NCRS) has released 397,584 electronic 1099R and W2 tax documents for retirees and benefit recipients - well ahead of the statutory Jan. 31 deadline. By law, NCRS must generate and distribute these tax forms each year. This year, enhanced efficiencies within the Retirement Systems Division enabled NCRS to load nearly 400,000 documents shortly after the holiday weekend.
The Local Government Commission (LGC) has approved a request from the city of R
North’s Carolina’s appellate court agreed with a lower court ruling today, affirming a state law which allows the state treasurer to make an appointment to the North Carolina Utilities Commission. This appointment previously had been granted to the governor.“This is another affirmation that executive branch functions do not sit solely with the governor here in North Carolina. The entire Council of State is duly elected by all citizens of the state to carry out executive roles and responsibilities independent of the governor,” said Treasurer Brad Briner.
State Treasurer Brad Briner is hosted a press conference today to look back at a busy and successful year at the Department of State Treasurer. “When I came into office, I inherited many challenges facing our divisions. Working with my talented team, we made some hard but necessary decisions, resolved issues, established winning strategies and implemented forward-looking policies,” said Treasurer Briner.