The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper’s budget director to triple the state’s debt ceiling from $2.03 billion to more than $6 billion. The 6-3 vote of…
UNC-Chapel Hill’s largest athletic booster club asked a state agency to approve $98 million in bonds for renovations to the Dean Smith Center and Kenan Stadium and construction of multiple new sports facilities. Skeptical members of the state board controlling the debt said not so fast.
State Auditor Beth Wood renewed her call to punish municipal officials who can’t keep their books straight. Lawmakers returning to Raleigh for the 2019 legislative long session might be asked to toughen enforcement measures. “If you want to be an incorporated town, then you’ve got to…
For years, independent health-care providers have resisted consolidation in the medical market. State Treasurer Dale Folwell hopes to lend them a hand with State Health Plan payment reforms. “We think the long-term success of health care in North Carolina is going to be based on independent…
State Treasurer Dale Folwell says a revised Senate Bill 117 would eliminate some costly benefit options and impose forfeiture of retirement benefits for some criminal offenses. He supports the changes, which are intended to protect the underfunded system. “We have to…
Hospital lobbyists persuaded lawmakers to draft legislation blocking N.C. Treasurer Dale Folwell’s cost-cutting reforms to the State Health Plan, Carolina Journal has learned. Rep. Josh Dobson, R-McDowell, co-chairman of the House Health Committee, is working on a bill to preserve the current…
Possible GenX contamination in municipal water supplies is a reason cash-strapped municipalities have discussed merging public works systems with larger cities and counties. The UNC School of Government’s Environmental Finance Center is working with the Local Government Commission in the state Treasurer’s Office and the Department of Environmental Quality’s Division…
State Treasurer Dale Folwell’s proposed cost-cutting reforms for the State Health Plan have drawn praise from state employees’ representatives and a nationally recognized free-market health finance expert. But medical providers aren’t too happy with the treasurer’s plans. The State Health Plan has a $3.3 billion annual budget, though costs exceed…
The Cato Institute gave Gov. Roy Cooper an F on its Fiscal Policy Report Card. The state did get some good news from outside reviewers, however. While Cooper scored poorly for his fiscal policies, North Carolina ranked among…
State Treasurer Dale Folwell is making good on a pledge from his 2016 election campaign to cut costs and boost transparency in the State Health Plan. Oct. 4, Folwell announced that in January 2020, the State Health Plan will change the way it reimburses medical providers.
