RALEIGH — The North Carolina Local Government Commission (LGC) approved over $1.5 billion in financing for local government projects across the state during the commission’s May 3 meeting. The approved financing is around $900 million […]
RALEIGH — The N.C. Local Government Commission (LGC) voted unanimously on April 5 to issue a letter to the mayor of Spring Lake and its Board of Aldermen over concerns involving a lack of compliance […]
RALEIGH — The N.C. Local Government Commission (LGC) voted to impound finances in the town of East Laurinburg following multiple attempts to correct major bookkeeping, banking and auditing deficiencies in the town. “This is not […]
RALEIGH — Last week, the N.C. Local Government Commission (LGC) unanimously voted in favor of taking over the finances of Spring Lake. Unless action is taken soon, the town will be close to default on […]
RALEIGH — State Treasurer Dale Folwell discussed investment trends related to the state’s retirement system as well as the status of municipalities struggling with financial issues in a recent media availability session. Folwell said that […]
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