North Carolina

Treasurer Dale Folwell said the law protects retirees' money from being used for what he called Wall Street's "wacktivist" agenda.

The "act to increase compliance by counties and municipalities that fail to timely submit an annual audit report," was called too harsh by Gov. Roy Cooper.

Additionally, state Treasurer Dale Folwell endorsed an anti-ESG bill in the state legislature.

The Local Government Commission voted to allow the Greater Asheville Regional Airport Authority to sell $175 million of transportation revenue bonds.

State Treasurer Dale Folwell said he backs the intent and purpose of the bill, which is supposed to make the bond issuance process more transparent.

Benjamin was mayor of Columbia from 2010 to 2021, leading the city through a time of tremendous growth.

Advocate Aurora Health and Atrium Health finalized their merger Friday.

The North Carolina Medical Care Commission got the green light to issue $105.1 million of tax-exempt revenue bonds to fund a five-story building that will house 71 independent living apartments.

The North Carolina Local Government Commission approved a $1.7 billion general obligation bond deal for Guilford County, which it held over last month.

AccuWeather says Hurricane Ian may turn out to be one of the costliest storms in the county's history due to its violent storm surge, damaging winds and overpowering flooding rains.

Guilford County's request for a $1.7 billion voter-approved bond package, however, was put on hold until the next Local Government Commission meeting.

Since 2011, the city has issued about $5.6 billion of debt, with the most issuance occurring in 2021 when it sold $785 million.

While the number of deals slipped, the amount of revenues involved in announced transaction hit a peak.

Several states have passed, or are considering, legislation to bar local governments from making payments to criminals who hold computer systems hostage.

If the deal closes, the two systems say they will evaluate existing debt structures and combine credits where possible and beneficial.

The state's Local Government Commission approved more than $1.5 billion in bond and financing agreements, including more than $600 million for the airports.

Ten states, includeing five in the Southeast, pre-pandemic employment levels in January, according to Fitch Ratings. In an update, the U.S. Labor Department reported Florida’s seasonally adjusted unemployment rate fell to 3.3% in February.

North Carolina Treasurer Dale Folwell talks with The Bond Buyer's Chip Barnett about how the state's economy has remained in financially good health despite dealing with the COVID-19 pandemic as well how the state deals with troubled municipalities. As chair of the debt affordability commission, he chats about bond issuance. He also discusses the ways to reform healthcare and increase transparency. (15 minutes)

The new office is the firm’s first in the Southeast region.

The action on East Laurinburg is the first time the Local Government Commission used its new power to dissolve an economically unsustainable municipality.