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 […]
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 […]
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 […]
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 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. […]
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. […]
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 […]
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. […]
Imagine that your daughter is buying her first car. She asks for your advice on picking one, because she doesn’t have a good sense of how much to pay or how to choose. You might […]
RALEIGH — Faced with an expiring executive order related to restricting evictions, Gov. Roy Cooper sought Council of State concurrence last week. The request from Cooper for concurrence came on the one-year anniversary of the […]
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