Topics Related to SLGC News Release

Charlotte will have the means to address crowded and deteriorated streets and enhance efforts to reduce traffic fatalities now that the Local Government Commission (LGC) has approved $400 million in general obligation bonds. 

The Local Government Commission (LGC) voted Tuesday, Jan. 7, to approve $387 million spread across three applications from Mecklenburg County for public safety, education and recreation projects and bond refinancing.

Failure to Comply with Resolution Could Further Result in Financial Takeover, Town Dissolution

A majority of Local Government Commission (LGC) members veered from longstanding staff guidelines to approve an incomplete $78 million financing request from Cabarrus County at their meeting Tuesday, Nov. 12.

State Treasurer Dale R. Folwell, CPA announced today that S&P Global Ratings has affirmed its 'AAA' long-term rating on North Carolina's outstanding general obligation (GO) bonds.

Local Government Commission Acts on Many Public Buildings, Infrastructure Requests
Members Also Approved Returning Financial Control to the Town of Eureka and Cliffside Sanitary District
In Other Action, Local Government Commission Returns Financial Control to Town of Spring Lake
Majority of that Amount was for Charlotte Water and Sewer Upgrades
Local Government Commission OKs Nearly $800 Million to Finance Projects Statewide