Topics Related to Treasurer Folwell Administration Press Releases
State Treasurer Dale R. Folwell, CPA, announced today the extension of a fee holiday that increases two-year savings to more than $4 million for members of North Carolina Supplemental Retirement Plans.
State Treasurer Dale R.
State Treasurer Dale R. Folwell, today called for Governor Roy Cooper to replace his N.C. Department of Transportation (NCDOT) secretary. NCDOT has spent nearly $7 billion for fiscal year 2019 against revenues of $5 billion for that year. This overspending resulted in NCDOT, not the governor, going to the North Carolina General Assembly (NCGA) and requesting a bailout costing hundreds of millions of dollars. Being treated differently than every other branch of state government and not held to account requires discipline that the leadership at NCDOT has not demonstrated.
State Treasurer Dale R. Folwell, CPA, through the State and Local Government Finance Division, announced today the issuance of $600 million of voter-approved General Obligation Public Improvement (Connect NC) Bonds. The sale is the third of $2 billion approved in 2016 for universities, community colleges, local parks, infrastructure improvement and other projects. The total amount of interest to be paid over the life of the Bonds is approximately $212 million. The prior issuances of $200 million and $400 million occurred in 2016 & 2018 respectively.
The Department of State Treasurer announced today that Dale R. Folwell, CPA has taken the oath of office becoming North Carolina’s 28th State Treasurer. The oath was administered by North Carolina outgoing Supreme Court Justice Robert H. Edmunds, Jr. at a private ceremony in Winston-Salem on January 1. Folwell was elected on November 8, 2016 replacing outgoing Treasurer Janet Cowell who did not seek a third term.
Within the first 48 hours of his tenure, North Carolina State Treasurer Dale R. Folwell, CPA has met with more than 400 employees at the North Carolina Department of State Treasurer. Treasurer Folwell was elected in November and is the 28th Treasurer to serve the state.
State Treasurer Dale R. Folwell, CPA, Chair of the State Health Plan Board, would like to remind and provide clarification to members regarding the Plan’s new Pharmacy Benefit Manager, CVS Caremark, which began servicing members January 1, 2017. Specifically:
North Carolina State Treasurer Dale R. Folwell, CPA announced today the launch of the NC ABLE Program (https://savewithable.com/nc/home.html).
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