Treasurer Folwell to Discuss Value of Local Government Commission at AMA | Eastern North Carolina Now

Town of Robersonville Regaining Fiscal Control, Project Grace on LGC Meeting Discussion Agenda

ENCNow
Press Release:

    (Raleigh, N.C.)     State Treasurer Dale R. Folwell, CPA, will discuss the vital work and growing workload of the Local Government Commission (LGC), and why the unique state agency is crucial to good government during his Ask Me Anything session with reporters on Tuesday, Sept. 12.

    The Local Government Commission monitors the financial well-being of 1,100 local government units, provides guidance on statutory requirements and offers other assistance. On rare occasions the LGC must assume financial control of local government units that are in dire financial condition and help them get back on track. The Martin County town of Robersonville is a case in point. The LGC took over its fiscal affairs in October 2020, but after collaboration and improvement by town officials LGC members and staff will return financial control to Robersonville at the commission's Sept. 12 meeting.

    That meeting also will feature discussion of the controversial Project Grace proposed development in downtown Wilmington. New Hanover County officials and Treasurer Folwell are working to resolve differences in financing mechanisms for the project.

    Tuesday's Q&A will mark the 80th consecutive month Treasurer Folwell has offered media representatives the innovative opportunity to interview him on topics of their choosing.

    The LGC, chaired by Treasurer Folwell, is staffed by the Department of State Treasurer (DST). The commission has a statutory duty to approve most debt issued by units of local government and public authorities in the state. The commission examines whether the amount of money that units borrow is adequate and reasonable for proposed projects and confirms the governmental units can reasonably afford to repay the debt.


   Contact:
   Email: press@nctreasurer.com
   Phone: (919) 814-3820
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Dems Accidentally Reveal Their Plan To Destroy The Constitution Ahead of Schedule Press Releases: Elected office holders, Op-Ed & Politics, Bloodless Warfare: Politics Questions surround much of NC’s $12.3 billion in PPP loans


HbAD0

Latest Bloodless Warfare: Politics

President Joe Biden formally rejected on Monday a bill in Congress that would require individuals to show proof of U.S. citizenship to register to vote in elections for federal office.
Those with access to President Joe Biden behind closed doors say that his condition is deteriorating at an accelerated rate
Republican lawmakers slammed President Joe Biden this week after an explosive report revealed that an ISIS-affiliated human smuggling network has brought more than 400 illegal aliens into the U.S.
Parts of the gag order against former President Donald Trump in his New York hush money case were lifted by Judge Juan Merchan on Tuesday, just two days before Trump is set to square off against President Joe Biden in the first debate of the election season.
Viral clips showing President Joe Biden in situations in which he looks to be frail or confused are being dismissed as “cheap fakes” by the White House.
As the first presidential debate between President Joe Biden and Donald Trump nears, the Biden campaign is ratcheting up its attacks on the presumptive Republican nominee’s 34 felony convictions.
Democrat strategist James Carville raged against the legacy media this week, demanding that they take an even more biased approach when reporting on former President Donald Trump.
Republican congressman Byron Donalds said it would be a “great honor” if former President Donald Trump were to ask him to be his running-mate for 2024, saying the ultimate goal is for Trump to win and he’ll do whatever he’s asked to help him do that.

HbAD1

Voters in Arizona will have the opportunity to enact broad border security measures in November as the state faces a flood of illegal immigration after the Republican-led state legislature passed a resolution that will put the measures on the general election ballot.
The former White House physician for Presidents Barack Obama and Donald Trump says that a new report this week about how President Joe Biden is struggling to function behind closed doors represents a serious threat to the U.S.
President Joe Biden challenged former president Donald Trump to debates last week because Biden needs to swivel the political spotlight away from his record ahead of the election, according to Daily Wire editor emeritus Ben Shapiro.
Senate Democrats plan to gin up the abortion issue as the nation nears the second anniversary of the overturning of Roe v. Wade in an effort to win voters in potentially crucial swing states.
Speaker Mike Johnson (R-LA) and former President Donald Trump ripped NBC as “weak” and “an absolute disgrace” after the network dropped former Republican National Committee Chair Ronna McDaniel four days after announcing her hiring as a contributor.
Liberal comedian Bill Maher praised Florida Governor Ron DeSantis this week for taking the fight to Disney over their sexualization of children.
White House Press Secretary Karine Jean-Pierre became agitated during an interview on Monday and hung up the phone after she was asked a couple of fair questions about President Joe Biden.
Only two of the so-called “three Johns” will be competing to replace Sen. Mitch McConnell (R-KY) as leader of the Senate GOP.
Democrat Mo Green is handily besting Republican Michele Morrow in total fundraising to date in the state’s race for superintendent of public instruction, according to recent campaign disclosures.

HbAD2

Daily Wire Editor Emeritus Ben Shapiro, along with hosts Matt Walsh, Andrew Klavan, and company co-founder Jeremy Boreing discussed the state of the 2024 presidential election before President Joe Biden gave his State of the Union address on Thursday.
Former U.N. Ambassador Nikki Haley said this week that the criminal trials against former President Donald Trump should happen before the upcoming elections.
It’s “Bo time” again, this time in North Carolina’s Sixth Congressional District.
Robert F. Kennedy Jr. announced on Tuesday that he has selected Nicole Shanahan to be his vice presidential running mate as he continues to run as an Independent after dropping out of the Democratic Party’s presidential primary late last year.
On Tuesday, another Republican announced that he plans to retire early from the House, a decision that would further diminish a narrow GOP majority in the lower chamber.
Sen. Bernie Sanders (I-VT) introduced a bill Wednesday that would shave 8 hours off the standard 40-hour work week that has been around for several decades.
Glenn Beck: 'When the United States government can come after individuals, that's when you know our republic is crumbling.'
Washington, D.C. — Congressman Greg Murphy, M.D. issued the following statement on the latest continuing resolution:
WASHINGTON – Today, as Joe Biden continues his Bankrupting America Tour in North Carolina, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement:

HbAD3

 
Back to Top