Local governments impacted by Hurricane Helene can apply to the Department of State Treasurer (DST) for cashflow loans as Round 2 of the program prepares to launch. Round 1 resulted in more than $47.5 million being distributed, leaving an estimated $50 million still available.
Topics Related to SLGC News Release
Duke University Health System (Durham) is in line to receive more than a half-billion dollars in financing after the Local Government Commission (LGC) approved bond issues in that amount at the LGC’s Tuesday, May 6, meeting.
The Department of State Treasurer sold $442 million of bonds today to pay for transportation projects in Wake and Johnston counties and to refund certain previous bonds.
The Department of State Treasurer sold $300 million of bonds today to pay for transportation projects throughout North Carolina.
State Treasurer Brad Briner announced today S&P Ratings has affirmed North Carolina’s AAA ratings on its outstanding general obligation bonds. This is the second AAA bond rating announced in the past week- with Moody’s assigning the same rating last Wednesday.
State Treasurer Brad Briner announced today Moody’s Ratings has affirmed its 'AAA' issuer rating, the AAA ratings on its outstanding general obligation bonds, the Aa1 ratings on its outstanding appropriation bonds, and the Aa3 ratings on its outstanding GARVEEs.
The Local Government Commission (LGC) approved $1.85 billion in financing applications at its meeting Tuesday, April 1.
State Treasurer Brad Briner announced today that Jeff Poley will be the interim State and Local Government Finance Division director (SLGFD). This comes after current Deputy Treasurer Debbie Tomasko announced her departure earlier this month.
A significant change to a 13-year-old policy was approved by the N.C.
The Department of State Treasurer (DST) has begun delivering the first round of interest-free loans for Hurricane Helene relief to local governments, and more checks from that initial tranche are forthcoming soon, Stat