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Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
 
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed.
Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed.
 
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
 
State Treasurer Dale Folwell gave a chilly reception to issuing a statewide school construction bond even as Gov. Roy Cooper hit the road Tuesday, July 10, pitching one
State Treasurer Dale Folwell gave a chilly reception to issuing a statewide school construction bond even as Gov. Roy Cooper hit the road Tuesday, July 10, pitching one
 
Governor Roy Cooper today signed into law the Build NC Bond Act of 2018, a new financing tool sought by his administration to help expedite critical highway projects
Governor Roy Cooper today signed into law the Build NC Bond Act of 2018, a new financing tool sought by his administration to help expedite critical highway projects
 
Despite repeated stern warnings from state Treasurer Dale Folwell, legislation adding $3 billion in state debt for unspecified transportation projects flew through House and Senate committees with bipartisan support
Despite repeated stern warnings from state Treasurer Dale Folwell, legislation adding $3 billion in state debt for unspecified transportation projects flew through House and Senate committees with bipartisan support
 
Today, Ford Porter, spokesman for Governor Cooper, released the following statement on the General Assembly's passage of SB 758, the Build NC Bond Act
Today, Ford Porter, spokesman for Governor Cooper, released the following statement on the General Assembly's passage of SB 758, the Build NC Bond Act
 
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
Let's just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate: it's a bad idea
 
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
 
A House committee has proposed a $3 billion transportation bond, but state Treasurer Dale Folwell urges lawmakers to put the massive borrowing to a voter referendum if they proceed
A House committee has proposed a $3 billion transportation bond, but state Treasurer Dale Folwell urges lawmakers to put the massive borrowing to a voter referendum if they proceed
 
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