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2022 saw worst bond and equity losses since 1871
2022 saw worst bond and equity losses since 1871
 
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
 
Raleigh, Charlotte Also Given Green Light to Finance Over Half-Billion Dollars in Bonds
 
When a person takes out a mortgage to buy a home, there are significant “truth-in-lending” laws requiring the loan contract disclose — among other things — the interest payments that will be required.
When a person takes out a mortgage to buy a home, there are significant “truth-in-lending” laws requiring the loan contract disclose — among other things — the interest payments that will be required.
 
For too many politicians and presidential hopefuls, a free college education is a cure-all for inequality in America—so long as the federal government can pour enough money into it.
For too many politicians and presidential hopefuls, a free college education is a cure-all for inequality in America—so long as the federal government can pour enough money into it.
 
The Senate, in a 33-11 vote, approved a bill giving charter school operators the option to bypass local county commissioners in winning approval of charter facility bonds.
The Senate, in a 33-11 vote, approved a bill giving charter school operators the option to bypass local county commissioners in winning approval of charter facility bonds.
 
The Senate Education Committee took action Wednesday, April 10, on a number of bills, including a law easing rules on welding and manufacturing internships.
The Senate Education Committee took action Wednesday, April 10, on a number of bills, including a law easing rules on welding and manufacturing internships.
 
Perhaps it’s fitting that North Carolina’s gerrymandering fight returns to the national stage during the same week that major-league baseball teams return to action.
Perhaps it’s fitting that North Carolina’s gerrymandering fight returns to the national stage during the same week that major-league baseball teams return to action.
 
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
 
Stough Elementary school has seen a handful of repairs and renovations since it was built in 1968. The aging facility soon will be torn down, and a new building will take its place to accommodate more students without the need for mobile trailers
Stough Elementary school has seen a handful of repairs and renovations since it was built in 1968. The aging facility soon will be torn down, and a new building will take its place to accommodate more students without the need for mobile trailers
 
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
 
I've been doing a lot of thinking lately about local government debt. It all started when I was preparing for a presentation and took a look at the Wake County budget for this year
I've been doing a lot of thinking lately about local government debt. It all started when I was preparing for a presentation and took a look at the Wake County budget for this year
 
State Treasurer Dale Folwell announced an investment switch Tuesday that would move billions from the state retirement system to internal control
State Treasurer Dale Folwell announced an investment switch Tuesday that would move billions from the state retirement system to internal control
 
N.C. Treasurer Dale Folwell on Thursday announced that all three major national bond rating agencies reaffirmed the state's "AAA" bond rating.
N.C. Treasurer Dale Folwell on Thursday announced that all three major national bond rating agencies reaffirmed the state's "AAA" bond rating.
 
Gov. Roy Cooper has proposed borrowing $350.7 million for state government structures and buildings in the University of North Carolina system
Gov. Roy Cooper has proposed borrowing $350.7 million for state government structures and buildings in the University of North Carolina system
 
Tuesday was a good day for alcohol proponents and supporters of bond measures
Tuesday was a good day for alcohol proponents and supporters of bond measures
 
This morning marked the inaugural sale of the first $200 million of the $2 billion Connect NC bond to support investments in our state's education, parks, National Guard and water and sewer infrastructure introduced by Governor Pat McCrory and overwhelmingly passed by voters in March
This morning marked the inaugural sale of the first $200 million of the $2 billion Connect NC bond to support investments in our state's education, parks, National Guard and water and sewer infrastructure introduced by Governor Pat McCrory and overwhelmingly passed by voters in March
 
"North Carolina's economy is firing on all cylinders," said Governor McCrory. "North Carolina is home to one of the fastest growing economies in the nation, revenues are up above projections, unemployment is at an 8-year-low and more than 275,000 private sector jobs have been added since 2013."
"North Carolina's economy is firing on all cylinders," said Governor McCrory. "North Carolina is home to one of the fastest growing economies in the nation, revenues are up above projections, unemployment is at an 8-year-low and more than 275,000 private sector jobs have been added since 2013."
 
All three major bond rating agencies-Moody's Investor Services, Standard and Poor's and Fitch Ratings-have assigned an AAA bond rating, the highest rating possible, to North Carolina's first issuance of the $2 billion Connect NC bond
All three major bond rating agencies-Moody's Investor Services, Standard and Poor's and Fitch Ratings-have assigned an AAA bond rating, the highest rating possible, to North Carolina's first issuance of the $2 billion Connect NC bond
 
Shortly after the Council of State approved the first $200 million issuance and sale for the Connect NC Bond, Appalachian State University was awarded a construction contract to build a new College of Health Sciences Building
Shortly after the Council of State approved the first $200 million issuance and sale for the Connect NC Bond, Appalachian State University was awarded a construction contract to build a new College of Health Sciences Building
 
Governor Pat McCrory joined more than 120 members of the North Carolina National Guard, civilians with the National Guard Association, legislators and community leaders today for a briefing on the Connect NC bond investments in the National Guard.
Governor Pat McCrory joined more than 120 members of the North Carolina National Guard, civilians with the National Guard Association, legislators and community leaders today for a briefing on the Connect NC bond investments in the National Guard.
 
On one hand, it's a good time to borrow money. Interest rates are low, as are construction costs.
On one hand, it's a good time to borrow money. Interest rates are low, as are construction costs.
 
Endorsements are pouring in from Eastern North Carolina municipalities in support of Governor Pat McCrory's Connect NC bond proposal.
Endorsements are pouring in from Eastern North Carolina municipalities in support of Governor Pat McCrory's Connect NC bond proposal.
 
Governor Pat McCrory visited North Carolina Central University today to discuss Connect NC projects that will benefit the university and surrounding region.
Governor Pat McCrory visited North Carolina Central University today to discuss Connect NC projects that will benefit the university and surrounding region.
 
Governor Pat McCrory's Connect NC Bond Proposal will make significant, statewide investments in public safety.
Governor Pat McCrory's Connect NC Bond Proposal will make significant, statewide investments in public safety.
 
Cumberland County is the latest county commission to pass a resolution expressing official support for placing the Governor's Connect NC bond proposal on November 2015 ballot.
Cumberland County is the latest county commission to pass a resolution expressing official support for placing the Governor's Connect NC bond proposal on November 2015 ballot.
 
Pitt County has joined municipalities across the state in passing a resolution to express official support for placing Governor McCrory's Connect NC bond initiative on the ballot in November.
Pitt County has joined municipalities across the state in passing a resolution to express official support for placing Governor McCrory's Connect NC bond initiative on the ballot in November.
 
Governor McCrory's Connect NC bond proposal continues to gain the support of municipalities across North Carolina.
Governor McCrory's Connect NC bond proposal continues to gain the support of municipalities across North Carolina.
 
Governor Pat McCrory visited Winston-Salem State University today to talk about projects for the school and surrounding region which would be funded by Connect NC bonds.
Governor Pat McCrory visited Winston-Salem State University today to talk about projects for the school and surrounding region which would be funded by Connect NC bonds.
 
Local chambers of commerce across the state are lining up in support of Governor Pat McCrory's Connect NC bond proposal.
Local chambers of commerce across the state are lining up in support of Governor Pat McCrory's Connect NC bond proposal.
 
Governor Pat McCrory visited the State Highway Patrol Training Academy today to discuss Connect NC projects proposed for the State Highway Patrol.
Governor Pat McCrory visited the State Highway Patrol Training Academy today to discuss Connect NC projects proposed for the State Highway Patrol.
 
Governor Pat McCrory visited North Carolina A&T State University today to discuss Connect NC bond projects planned for the school and to tour the NC A&T College of Engineering. The Governor, Transportation Secretary Tony Tata, Budget Director Lee Roberts, and Education Advisor Eric Guckian joined...
Governor Pat McCrory visited North Carolina A&T State University today to discuss Connect NC bond projects planned for the school and to tour the NC A&T College of Engineering. The Governor, Transportation Secretary Tony Tata, Budget Director Lee Roberts, and Education Advisor Eric Guckian joined...
 
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
Never let it be said that I am against all tax increases. Please raise the tax on state and local government bonds - immediately. The federal tax deduction on these bonds has a fiscal impact of about $20 billion a year. Most states have income taxes, and most link their deductions in one way...
 
Our reportedly Republican governor wants a $2.8 billion bond referendum on the ballot in November. Bond referendums — in case you didn’t know — are votes on whether to allow government to take even more money out of your wallet.
Our reportedly Republican governor wants a $2.8 billion bond referendum on the ballot in November. Bond referendums — in case you didn’t know — are votes on whether to allow government to take even more money out of your wallet.
 
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