lgc

Rocky Mount faces possible financial takeover

April 11, 2026 A.P. Dillon

RALEIGH — The state’s Local Government Commission delivered a warning to the city of Rocky Mount during its monthly meeting last week, putting its elected leaders on notice that any further budget missteps could trigger […]

Local Government Commission approves $135M for Holly Springs

March 28, 2026 A.P. Dillon

RALEIGH — At its March meeting, the North Carolina Local Government Commission approved a request for $135 million in revenue bonds for the fast-growing town of Holly Springs in Wake County. The town has nearly […]

Audit reveals financial, administrative issues in Speed

March 20, 2026 A.P. Dillon

RALEIGH — The North Carolina Office of the State Auditor released an investigative report on the town of Speed, highlighting several areas of noncompliance with state laws and financial management practices. The investigative audit was […]

Raleigh’s $221M City Hall project gets approval

February 21, 2026 A.P. Dillon

RALEIGH — The Local Government Commission approved Raleigh’s requests to issue $221 million in bonds for a 17-story City Hall and public safety buildings during its monthly meeting on Feb. 4. The Local Government Commission […]

LGC approves $220M request for Raleigh water, sewer projects

January 15, 2026 A.P. Dillon

RALEIGH — A request for $220 million in bonds to fund water and sewer projects in Raleigh was approved by the Local Government Commission during its first meeting of 2026. The Local Government Commission (LGC), […]

Local Government Commission makes $1.1B in financing approvals

December 22, 2025 A.P. Dillon

RALEIGH — The North Carolina Local Government Commission approved financing totaling more than $1.1 billion at its December meeting. Key approvals focused on retirement communities and health care, including $395 million in conduit revenue bonds […]

Local Government Commission’s November approvals dominated by housing bond projects

November 16, 2025 A.P. Dillon

RALEIGH — Housing project funding requests from around the state were the focus of approvals by the Local Government Commission at its November meeting held last Tuesday. The Local Government Commission (LGC), chaired by State […]

LGC OKs $200M for Charlotte street, traffic projects

October 18, 2025 A.P. Dillon

RALEIGH — The Local Government Commission approved a $200 million bond for Charlotte’s proposed street and neighborhood projects during its monthly meeting on Oct. 7. The approval for Charlotte includes a short-term general obligation bond […]

Local Government Commission unanimously approves independent audit for WSFCS

September 20, 2025 A.P. Dillon

RALEIGH — The North Carolina Local Government Commission unanimously approved an independent audit to be conducted for Winston-Salem/Forsyth County Schools related to the district’s $46 million budget deficit and financial mismanagement at its September meeting. […]

Local Government Commission approves $868.4M in projects

August 22, 2025 A.P. Dillon

RALEIGH — The Local Government Commission approved more than $868.4 million in financing requests at its Aug. 5 meeting to support various public projects across North Carolina. The largest approval was for Wake County, which […]