North Carolina

The deal is expected to conclude in the summer of 2026, and at that time Elon University will operate Queens University of Charlotte.

The commission also approved an audit for the financially troubled Winston-Salem/Forsyth County School District.

The school had less than one time debt service coverage last fiscal year.

Ketner is Baird's second hire in the higher education and nonprofit sectors in the last 30 days.

Treasurer Brad Briner said the unused money was in state accounts for years.

The rating agency cited increases in enrollment and improved net tuition revenues.

Hastedt says the city plans two bond sales this fall.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

The Local Government Commission approved issuance of notes that will be taken out gradually in the next few years.

Up to $505 million of bonds could be issued.