The Local Government Commission
The staff of the Local Government Commission is responsible for fulfilling the obligations of the Commission found in Chapter 159 of the North Carolina General Statutes. Staff provides resources, guidance, and oversight to over 1,100 units of local government subject to the provisions of Chapter 159 on a variety of topics including annual budgets, internal controls, debt management, and pension and OPEB reporting.
"The influence and oversight of the Local Government Commission is a major reason why North Carolina local government issuers have been able to weather this recession to this point," said Andrew Teras, an associate director of Standard & Poor's rating agency. "North Carolina's oversight model is one of the strongest of any state."
- "North Carolina Agency a Lifeline for Local Governments" article in Stateline, The Daily News Service of the Pew Center on the States