Up More than 43% Since 2017 Even After Paying Out Nearly $52 Billion in Benefits
Topics Related to Treasurer Folwell Administration Press Releases
Requests Retirement Services Division to Expedite Benefits
State Treasurer Dale R. Folwell Hails Helen Little’s Efforts at Check Presentation
NC ABLE announces partnership with Krispy Kreme in its first official corporate benefit offering as legislation introduced by former U.S. Sen. Richard Burr reaches important milestone on Dec. 19.
Winston-Salem State Chancellor Bonita Brown Calls Check from NCCash.com "Holiday Cheer"
Failure to Comply with Resolution Could Further
Result in Financial Takeover, Town Dissolution
Result in Financial Takeover, Town Dissolution
In recent media interviews, Pilot Mountain Mayor Evan Cockerham has asserted that the Local Government Commission (LGC) “failed to alert us to financial discrepancies and, thus far, have offered only limited guidance.” This statement is factually inaccurate. In fact, LGC staff have been meeting with the town representatives for the last eight years, expressing concerns about Pilot Mountain’s financial health and fiscal management.
A majority of Local Government Commission (LGC) members veered from longstanding staff guidelines to approve an incomplete $78 million financing request from Cabarrus County at their meeting Tuesday, Nov. 12. The 5-4 vote went against a staff recommendation to delay the vote while awaiting important information to complete the county’s application. Commission members unanimously approved a separate Cabarrus County request for $73 million.
State Treasurer Dale R. Folwell, CPA announced today that S&P Global Ratings has affirmed its 'AAA' long-term rating on North Carolina's outstanding general obligation (GO) bonds. Additionally, the agency affirmed the state’s 'AA+' rating on appropriation-backed obligations including Build NC bonds and those issued by the North Carolina Turnpike Authority.
On behalf of the North Carolina Department of State Treasurer I would like to extend congratulations to Treasurer-elect Brad Briner for his election as the 29th State Treasurer of North Carolina. I wish him success in his future endeavors with the Department of State Treasurer. Our hearts, minds and doors will be open to Treasurer-elect Briner as we move forward with the transition of administrations. The staff and I will be available to him to answer any questions and assist with the move-in process.