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State legislators racked their brains trying to come up with ways to recoup $20 million in interest the Rural Economic Development Center had earned - primarily on state tax dollars the center deposited in a private bank account.
Published: Sunday, August 25th, 2013 @ 9:02 am
By: John Locke Foundation
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Governor Pat McCrory announced that the Office of State Budget and Management (OSBM) has authorized payments for 34 grants funded by the North Carolina Rural Economic Development Center.
Published: Saturday, August 10th, 2013 @ 1:06 pm
By: Stan Deatherage
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Governor Pat McCrory has requested the Office of State Budget and Management suspend dispersement of state grant money to the North Carolina Rural Economic Development Center immediately.
Published: Thursday, July 18th, 2013 @ 6:47 pm
By: Stan Deatherage
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Senate President Pro Tempore Phil Berger (R-Rockingham) issued the following statement regarding the recent audit of the North Carolina Rural Economic Development Center by State Auditor Beth Wood.
Published: Wednesday, July 17th, 2013 @ 7:30 pm
By: Stan Deatherage
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An audit by State Auditor Beth Wood released today has come down on the N.C. Rural Economic Development Center for gaining $20 million in...
Published: Wednesday, July 17th, 2013 @ 3:17 pm
By: John Locke Foundation
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Valeria Lee, chair of the N.C. Rural Economic Development Center board of directors, has announced a plan of action for reviewing the organization's procedures for awarding, monitoring and reporting grants.
Published: Tuesday, June 25th, 2013 @ 1:21 pm
By: Stan Deatherage
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These are issues that must be addressed by the entire board to fulfill our fiduciary and legal duties to every taxpayer in our state. The board should immediately hire an independent forensic auditor to begin a review process.
Published: Monday, June 24th, 2013 @ 5:08 pm
By: Civitas Insitute
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The N&O and Char-O ran an in-depth two part series examining the North Carolina Rural Economic Development Center.
Published: Monday, June 24th, 2013 @ 9:32 am
By: Civitas Insitute
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To go over all the instances of favoritism over the center's past 26 years would be overwhelming. The following examples are from the last year alone, when the Rural Center was involved in over 800 projects.
Published: Saturday, June 22nd, 2013 @ 5:06 pm
By: Civitas Insitute
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What if I were to coax you into accepting a loan with money I stole from you? You'd probably call the police and have me arrested as a thief and a con artist.
Published: Wednesday, June 19th, 2013 @ 9:14 pm
By: Civitas Insitute
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Governor Pat McCrory issued the following statement today in response to the News & Observer article on the N.C. Rural Economic Development Center on Saturday's front page.
Published: Wednesday, June 19th, 2013 @ 2:14 am
By: Stan Deatherage
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The N.C. Rural Economic Development Center faces the most uncertainty since it was created in 1987.
Published: Tuesday, June 18th, 2013 @ 6:12 pm
By: John Locke Foundation
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It's interesting that they are finally noticing The Rural Center 26 years after its establishment while the GOP controls the state's executive and legislative branches.
Published: Monday, June 17th, 2013 @ 3:53 am
By: Brant Clifton
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I am not always Mr. Negative (as some folks like to claim). I'll hand out kudos to folks who do good things.
Published: Sunday, June 16th, 2013 @ 11:33 am
By: Brant Clifton
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