RSSCategory: NC Stateline

State pension fund underfunded, losing money

| August 18, 2016 | 0 Comments

by Dan Way, Carolina Journal, August 17, 2016. North Carolina’s public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show. Republican state treasurer candidate Dale Folwell, a certified public accountant, said that if he is […]

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Citing HB2, NBA pulls all-star game from Charlotte

| July 22, 2016 | 0 Comments

by Aaron Schoonmaker, WRAL, July 21, 2016. The NBA is pulling the 2017 All-Star Game from Charlotte over North Carolina’s controversial House Bill 2, which requires that people use public bathrooms corresponding to their birth gender and excludes the LGBT community from non-discrimination protections. The NBA released a statement that reads in part, “Since March, […]

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HB2 changes still in question as legislative session winds down

| June 24, 2016 | 0 Comments

by Mark Binker, WRAL, June 23, 2016. As lawmakers push to finish their work for the year, discussions about whether and how to modify the controversial House Bill 2 remain very much behind the scenes. “There’s clearly conversations still happening on it, but as far as what will happen, nobody really knows at this point,” House Speaker Tim […]

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Senate pulls tax-limiting amendment from calendar

| June 17, 2016 | 1 Comment

by Barry Smith, Carolina Journal, June 16, 2016. An effort to cap the state income tax rate was removed quietly from the Senate’s calendar on Wednesday, one day after that body’s Finance Committee gave the proposed change to the N.C. Constitution a thumbs up. Sen. Tom Apodaca, R-Henderson, made a motion to withdraw Senate Bill 817 from […]

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Ferry division fires 11 workers

| June 15, 2016 | 0 Comments

by Connie Leinbach, Ocracoke Observer, June 14, 2016. The Ocracoke community is buzzing over the firings Friday of 11 N.C. Ferry Division workers at the Silver Lake Ferry terminal operations. Word was out over the weekend after seven career employees and four temporary employees were dismissed. Among those fired are Albert O’Neal, 44, ferry operations manager […]

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Key differences between House and Senate Budget

| June 15, 2016 | 0 Comments

by Mark Binker, WRAL, June 15, 2016. House and Senate budget negotiators hope to reach agreement on a $22.225 billion tax and spending bill over the next two weeks. While the two chambers agree on a number of things, including the amount of overall spending that should be allowed, there are some key differences. The legislature’s […]

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Future of state pension fund could be at risk

| June 10, 2016 | 0 Comments

by Nick Ochsner, Wbtv.com, June 9, 2016. Years of risky investments by North Carolina Treasurer Janet Cowell could put the future of the state’s pension fund at risk, an On Your Side investigation has found. The North Carolina Retirement System invests its $86 billion pension fund as a way to generate enough revenue to cover […]

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Coal ash commission veto override dammed up

| June 9, 2016 | 0 Comments

by Mark Binker, WRAL, June 8, 2016. Senate leaders have not called for an expected vote to pass this year’s coal ash management bill by overriding Gov. Pat McCrory’s veto, and it appears that some sort of behind-the-scenes negotiations will push the vote off for at least another week. That likely delay comes as Duke […]

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House and Senate brace for budget talks

| June 6, 2016 | 0 Comments

by Matt Caulder, NC Capitol Connection, June 3, 2016. With the state Senate giving final approval to its version of the budget shortly after midnight Friday, the stage is set for Senate and House members to come together and hammer out a budget deal to deliver to the governor before the start of the new […]

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Senators skirmish over shellfish

| June 3, 2016 | 0 Comments

by Laura Leslie, WRAL, June 2, 2016. A proposal to rewrite long-standing environmental rules and spend half a million dollars on a questionable shellfish experiment is moving forward in the Senate budget, despite Democrats’ efforts to derail it. The item is part of a larger section of the Senate budget’s special provisions that would throw […]

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