Round Two Cashflow Loan Program (for local units of government)
Local units of government may now sign up for round two of the Cashflow Loan Program.. Read More
The Local Government Commission has voted to take over the finances of Spring Lake, citing concerns the town might be in danger of default on November debt service payments totaling $221,385 without corrective measures.
The Local Government Commission (LGC) has approved a request by the town of Clayton to seek an $80 million revolving loan provided by the state of North Carolina for a sewage treatment facility to accommodate rapid residential growth and industrial demands.