Topics Related to Treasurer Folwell Administration Press Releases
State Treasurer Dale R. Folwell, CPA, announced today that the state’s Highway Trust Fund (HTF) had reached $646.8 million in April 2021. The HTF was created by the North Carolina General Assembly (NCGA) in 1989 to provide revenue sources for specific highway projects.
Started by the American Motorcyclist Association in the early 1980s, May has become the month in which motorcycle enthusiasts seek to educate drivers to be aware of motorcycles and to call attention to safety issues affecting motorcycle riding. State Treasurer Dale R. Folwell, CPA, an avid motorcyclist, is asking North Carolinians to look out for motorcycles as people hit the roads for vacations this summer.
The Unclaimed Property Division (UPD) of the Department of State Treasurer (DST) announced this week that it had exceeded 100,000 claims paid amounting to more than $60 million so far this fiscal year. UPD is part of DST led by State Treasurer Dale R. Folwell, CPA. The milestone, achieved in early May, exceeded the division’s highest claims paid within any fiscal year in the program’s history.
North Carolina’s Local Government Commission (LGC) has approved a survival plan for the struggling Randolph Hospital that includes a potential $12 million loan for a startup company to buy the Asheboro-based health system.The 145-bed community hospital, which has more than tripled in size since it was created in 1928, entered Chapter 11 bankruptcy. Randolph County Commissioners Chairman Darrell Frye told the LGC on Tuesday, May 4, that community health care is in crisis mode.
Legislation championed by State Treasurer Dale R. Folwell, CPA, is making it easier for people to retrieve their missing money that the Department of State Treasurer (DST) has been safeguarding.
The Local Government Commission (LGC) unanimously approved a resolution recommending that the General Assembly repeal the town charter of East Laurinburg. The action was taken after town officials failed to file state-required financial audit reports the past four years and failed repeatedly to comply with other requirements of the Local Government Budget and Fiscal Control Act.
State Treasurer Dale R. Folwell, CPA, said legislation introduced in the North Carolina Senate in response to a rash of lawsuits would help protect the state pension plan in pension spiking cases.Sen. Jim Burgin, R-Harnett, is the primary sponsor of Senate Bill 668, intended to make it difficult for government employers to sue the Teachers’ and State Employees’ Retirement System (TSERS) over bills arising from pension spiking cases.
State Treasurer Dale R. Folwell, CPA, said today that hospitals in the state are not complying with 2019 federal price transparency rules that required hospitals to post their prices starting in January 2021. The rule is aimed at protecting consumers from surprise billing and driving down costs, but hospitals are fighting price transparency on every level.
State Treasurer Dale R. Folwell, CPA, said a group of bipartisan legislators’ support of H169, the State Health Plan Transparency Bill, shows there is a need for the common sense legislation.
(Raleigh, N.C.) – State Treasurer Dale R. Folwell, CPA, and the State Health Plan (SHP) have been fighting a long battle to lower health care costs for teachers, legislators, retirees, public safety workers and others who serve the people of North Carolina.