North Carolina State Treasurer Brad Briner and OpenAI today announced a pilot program to use artificial intelligence to improve government services for the people of North Carolina. Over the next 12 weeks, the Department of State Treasurer (DST) and OpenAI will explore ways to safely and responsibly use ChatGPT in combination with publicly available data to increase operational efficiency and enhance public service delivery to North Carolina’s residents.
Topics Related to Treasurer Briner Administration Press Releases
State Treasurer Brad Briner announced today that Jeff Poley will be the interim State and Local Government Finance Division director (SLGFD). This comes after current Deputy Treasurer Debbie Tomasko announced her departure earlier this month.
Poley is currently responsible for the Hurricane Helene Cashflow Loan Program in the Department of State Treasurer. Poley was able to create that new loan program from the ground up in just seven weeks, to get money in the hands of the communities in western North Carolina who needed it most.
State Treasurer Brad Briner is responding to the budget proposal put forward by Gov. Josh Stein today:
“We are disappointed the Governor is proposing for only the second time in 83 years to not fully fund our state’s retirement system. This proposal sent to lawmakers today would create a $206 million shortfall in the funds for our retirees over the next two years,” said Treasurer Briner.
The Treasurer said he is confident legislative leaders will take the needs of the state’s retirees more seriously.
Ty Powers has been hired as an Investment Director for the Department of State Treasurer’s (DST) Investment Management Division (IMD), State Treasurer Brad Briner announced today.
“I am pleased Governor Josh Stein and the legislature are focused on Western North Carolina. The Department of State Treasurer appreciated their support as we worked quickly to get money to the devastated communities through our $100M Cashflow loan program. These loans are helping cities and towns continue their cleanup efforts as they wait for federal money to arrive.”
A significant change to a 13-year-old policy was approved by the N.C. Capital Facilities Finance Agency (NCCFFA) this week.
The Department of State Treasurer (DST) has begun delivering the first round of interest-free loans for Hurricane Helene relief to local governments, and more checks from that initial tranche are forthcoming soon, State Treasurer Brad Briner announced today.
State Treasurer Brad Briner and the North Carolina Supplemental Retirement Plans Board of Trustees (Board) unanimously approved a 12-month waiver extension of its administrative fee. This action was taken at the regularly scheduled quarterly Board meeting held on Feb. 20 and will save the NC 401(k) Plan and NC 457 Plan (Plans) participants approximately $1.7 million over the next year.
Andrew Hoffmann has been hired as Investment Director for the Department of State Treasurer’s Investment Management Division, State Treasurer Brad Briner announced today.
“Andy will serve a critical role as we continue to rebalance assets in the North Carolina Retirement Systems to better align with long-term investment objectives, including eliminating our pension deficits,” Treasurer Briner said.
Brandon Watson has been appointed the Department of State Treasurer’s Chief Financial Officer, State Treasurer Brad Briner announced today.