Press Releases

(Raleigh, N.C.) – After raising deep concerns over potential budget deficits, longstanding fiscal disarray and an investigation into missing money, members of the Local Government Commission (LGC) voted to warn Spring Lake that it faces potential state takeover of its financial affairs.

(Raleigh, N.C.) – Forsyth, Moore and Hoke counties have received approval from the Local Government Commission (LGC) to obtain a combined $281 million in financing to build government buildings, and to erect and upgrade other facilities.

(Raleigh, N.C.) – Currituck County is taking great strides to strengthen its ability to pay future retirement benefits to employees, and State Treasurer Dale R. Folwell, CPA, praised the coastal county for its efforts.

Agrees to Issue $300 Million in GARVEE Bonds

(Raleigh, N.C.) – Started by the American Motorcyclist Association in the early 1980s, May has become the month in which motorcycle enthusiasts seek to educat

(Raleigh, N.C.) – 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.

(Raleigh, N.C.) – 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.

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