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“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
Published: Thursday, October 5th, 2023 @ 8:26 am
By: Carolina Journal
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Nearly 10,000 Members Added to Humana Plans Results in Savings to Help Unfunded Liability
Published: Friday, May 19th, 2023 @ 12:40 pm
By: ENC NOW
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A new calculation from N.C. state officials says more than $677 million of a court-ordered Leandro education plan remains unfunded.
Published: Monday, January 9th, 2023 @ 2:37 pm
By: Carolina Journal
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Gov. Roy Cooper says his proposed 2022-23 budget adjustments would address unfunded pieces of a court-ordered Leandro school funding plan.
Published: Saturday, May 14th, 2022 @ 8:17 am
By: Carolina Journal
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The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
Published: Sunday, April 10th, 2022 @ 6:43 am
By: Carolina Journal
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State officials report that close to $800 million remains unfunded from a judge’s $1.7 billion state education spending order. That assessment resulted from a court-ordered comparison of the spending plan and the new state budget.
Published: Tuesday, April 5th, 2022 @ 7:21 pm
By: Carolina Journal
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North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
Published: Tuesday, February 11th, 2020 @ 6:30 pm
By: Carolina Journal
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North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
Published: Monday, February 10th, 2020 @ 12:44 pm
By: Carolina Journal
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A big change to the state Medicaid program remains unfunded, increasing the risk of costly delays in Medicaid transformation.
Published: Monday, November 11th, 2019 @ 8:19 am
By: Carolina Journal
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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.
Published: Sunday, March 10th, 2019 @ 2:36 pm
By: Carolina Journal
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The latest data shows that North Carolina’s unfunded state pension liability has grown to $7.9 billion. This figure is likely highly understated, however, given the overly optimistic discount rate being used to calculate the liability
Published: Thursday, August 2nd, 2018 @ 6:09 pm
By: Civitas Insitute
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The U.S. House of Representative on Friday, July 13, voted to close a loophole in the Unfunded Mandates Reform Act of 1995, which requires agencies to curtail the regulatory costs on local governments and businesses
Published: Tuesday, July 24th, 2018 @ 6:03 pm
By: John Locke Foundation
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Governor Roy Cooper today urged legislative Republicans to provide funding for smaller class sizes to phase in the currently unfunded mandate when they convene in Raleigh next week
Published: Monday, January 8th, 2018 @ 1:25 pm
By: Governor's Office
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As reported by the N&O today, the State Treasurer’s office this week released updated figures for the state retiree pension fund and health insurance benefits
Published: Wednesday, November 1st, 2017 @ 12:07 am
By: Civitas Insitute
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State Treasurer Dale Folwell wants to be more than North Carolina's version of the Dutch boy, his finger plugging the dike of underperforming state health and pension plans
Published: Wednesday, February 8th, 2017 @ 8:38 pm
By: John Locke Foundation
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Judging by what makes the front pages, the top of the newscasts, and the list of "what's trending" on social media, North Carolina politics consists of spirited debates about H.B. 2, spirited debates about voting laws, spirited debates about teacher pay
Published: Monday, October 3rd, 2016 @ 5:49 pm
By: John Locke Foundation
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A legislative oversight committee on Wednesday voted to consider measures aimed at reducing the $25.5 billion unfunded liability in the state retiree health benefit fund.
Published: Friday, October 9th, 2015 @ 6:19 am
By: John Locke Foundation
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According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
Published: Wednesday, July 23rd, 2014 @ 6:31 pm
By: Civitas Insitute
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North Carolina is among a number of state governments plagued by massive unfunded liabilities for state retirees' health insurance benefits, and, like many of its counterparts, it is placing greater responsibility for costs on members in a movement known as medical consumerism.
Published: Saturday, November 2nd, 2013 @ 10:43 am
By: John Locke Foundation
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When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
Published: Friday, August 31st, 2012 @ 11:19 am
By: Stan Deatherage
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Headlines across the nation have been sounding the alarm about state government pensions. Even very conservative estimates place the total amount of unfunded state pension liabilities to be approaching a trillion dollars nationally.
Published: Wednesday, August 29th, 2012 @ 4:20 am
By: Civitas Insitute
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While unfunded liabilities continue to garner plenty of attention in the press, I fear a lack of understanding means this attention is failing to translate into legislative action.
Published: Tuesday, July 17th, 2012 @ 4:25 pm
By: John Locke Foundation
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It is amazing how many things politicians and bureaucrats can think up for other people to do. We are repeatedly directed to implement all manner of great sounding things.
Published: Sunday, May 20th, 2012 @ 6:43 am
By: Jim Bispo
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The next time you hear a North Carolina politician talk about the "need" to use tax dollars or public debt to build a new ballpark, convention center, rail line, or similar luxury, ask them this simple question: how much more do you think we can afford?
Published: Wednesday, March 28th, 2012 @ 10:16 pm
By: John Locke Foundation
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Beaufort County seeks justice in regards to eqitable governing in respect to the legislation associated with the Health Care Reform Bill.
Published: Wednesday, January 13th, 2010 @ 2:19 am
By: Stan Deatherage
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