State officials warn that local governments in shrinking towns may not survive

State Revenue Secretary Ronald Penny warns that some small municipalities in rural counties shedding residents and tax base might not survive. State Auditor Beth Wood says state officials should crack down on towns and counties with slipshod finances. Both are members of the N.C. Local Government Commission. It is responsible for approving local bonds and … Continue reading State officials warn that local governments in shrinking towns may not survive