SALISBURY — This spring, Moody’s downgraded Salisbury’s bond rating, citing debts by its Fibrant broadband service. Moody’s notes that Salisbury borrowed $7.6 million from its water and sewer fund to support the Fibrant fiberoptic network. The report also points out that while Salisbury is making 1 percent interest payments on the borrowed funds, it isn’t repaying the principal.
RALEIGH — Private exchanges have developed as companies move away from traditional defined benefit plans and shift to a defined contribution model, under which the employer pays employees a set amount they can use to help pay for insurance the employees choose.
RALEIGH — The John Locke Foundation’s statewide Locker Room blog is the place to be for election night coverage of North Carolina contests and national results. JLF policy experts and Carolina Journal reporters and editors will post election results and commentary throughout the night.
RALEIGH — In recent months, liberal advocacy groups have conducted a concerted attack against the American Legislative Exchange Council, a public-policy group promoting federalism, free markets, and limited government. Similar complaints of agenda-driven policy could be lodged against another nonpartisan group, the National Council of State Legislatures.
DURHAM — Durham City Attorney Patrick Baker told resident Dick Ford he knows of no legal prohibition that prevents the city from using its TV station to advocate for a county referendum, which will be decided Nov. 8.
DAVIDSON — Residents of Davidson and Mooresville have been staggered in recent days by news that the $92.5 million cable TV and broadband system the towns own jointly will require an additional $6.4 million subsidy from taxpayers next year. The need for additional funding follows a recent $576,000 cash call on the towns from M-I Connection to keep the system operating for the remainder of the current fiscal year.
RALEIGH — Across North Carolina and around the country, thousands of small business owners and human-resources officials are scrambling to determine whether they can continue providing the health insurance coverage they’ve promised to millions of employees.
Wilson should address essential city services before competing with the private market.
Grants for life coaching and dance instruction are not likely to keep more kids in North Carolina's public schools.
If the emerging, competitive market for telecommunications were a football game, the line of scrimmage would run right down the middle of the Hood household.
