Press Releases

Treasurer Folwell Praises 38 Entities for Moving from Stress to Success

Wednesday, Sep 1, 2021

(Raleigh, N.C.) – In a sweeping success story for local governments around the state, the Local Government Commission (LGC) has removed 38 entities from its Unit Assistance List (UAL), a monitoring device that flags and tracks local governments and public authorities battling financial and govern

Treasurer Folwell Announces Record Number of NCCash Claims Paid

Wednesday, Jul 28, 2021

(Raleigh, N.C.) – The Unclaimed Property Division (UPD) of the Department of State Treasurer (DST) announced this week that it had exceeded 125,000 claims paid amounting to almost $70.5 million during the 2021 fiscal year. UPD is part of DST led by State Treasurer Dale R. Folwell, CPA.

Local Government Commission Votes to Take Control of Spring Lake Finances

Monday, Jul 26, 2021

(Raleigh, N.C.) – The Local Government Commission (LGC) has voted to assume full control of all finances of Spring Lake if, among other actions, the Board of Aldermen impedes an investigation by the Office of State Auditor into questionable financial activities or withholds information from the c

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