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FOLWELL: Claim your missing money
Think back: Have you ever been owed money – maybe a refund from a business, security deposit from a landlord or the return of a deposit from a utility company – and never received it? […]
State Treasurer Dale Folwell
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Local Government Commission assumes control of East Laurinburg finances
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 […]
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Report: NC nonprofit hospitals falling short on charity care
RALEIGH — Many North Carolina nonprofit hospitals are falling short in treating the poor for free or reduced rates to validate their tax-exempt status, State Treasurer Dale Folwell said last week while highlighting a university […]
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NC treasurer opposes IRS $10k surveillance of citizen bank accounts
RALEIGH — State Treasurer Dale Folwell is unimpressed with a change to the proposed legislation by congressional Democrats that would surveil U.S. citizen bank account deposits. The original proposal would grant the IRS the power […]
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Folwell says unemployment, labor pool still a crisis
RALEIGH — State Treasurer Dale Folwell expressed concern about the employment crisis in the state and across the country due to a shrinking labor pool at a recent media availability. Folwell cited state and federal […]
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Local Government Commission votes to take control of Spring Lake over finance issues
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 […]
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Folwell opposes expanded IRS regulations
RALEIGH – State Treasurer Dale Folwell announced that he is joining 23 other state treasurers, auditors and financial officers in signing a letter opposing legislation that gives the Internal Revenue Service (IRS) sweeping new powers to monitor American bank accounts with more than $600 in deposited funds. […]
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NC Treasurer Folwell announces $252.6M in GARVEE bonds
RALEIGH — State Treasurer Dale Folwell has announced $252.6 million in Grant Anticipation Revenue Vehicle Bonds known as GARVEE bonds. GARVEE bonds allow for the state to pledge future federal highway funds to pay debt service. […]
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Record number of NC Cash claims paid
The Unclaimed Property Division of the Department of State Treasurer announced that it had exceeded 125,000 claims paid amounting to almost $70.5 million during the 2021 fiscal year. Both the number of claims paid, and […]
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Federal unemployment subsidy will end next month
RALEIGH — At the Aug. 3 meeting of the North Carolina Council of State, Gov. Roy Cooper indicated that state unemployment benefits will return to normal levels following the end of the federal unemployment subsidy. […]