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Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.
August 10 - North Carolina
North Carolina's $87.6 billion state pension fund reported a gain of 1.77% in the second quarter, but only 0.8% over the past year, state Treasurer Janet Cowell said Thursday.
July 28 -
The NBA blamed a law passed by North Carolina seen as discriminatory toward the LGBTQ community for its decision to yank the 2017 All-Star Game out of Charlotte.
July 22 - North Carolina
North Carolina Gov. Pat McCrory signed the 2017 budget bill into law, increasing the general fund by 2.8% to give teachers raises, cut state income taxes, and bring reserves to an all-time high.
July 15 - North Carolina
A bill in the North Carolina General Assembly would ask voters to lower the income tax rate to 5.5% from 10%, a move that opponents say would restrict budget flexibility and jeopardize the state's triple-A ratings.
June 29 -
North Carolina Transportation Secretary Nick Tennyson said the $800 million cost to unwind the I-77 Mobility contract and finance the projects in-house are among his concerns about House Bill 954, which would terminate the P3.
June 16 - North Carolina
North Carolinas Fayetteville Public Works Commission auctioned $114.4 million of 25-year bonds on Wednesday, resulting in yields lower than the utilitys last foray into the market two years ago.
June 9 - North Carolina
The North Carolina Council of State Tuesday approved issuing $200 million of the $2 billion in general obligation bonds that voters approved in March; the deal will be sold in late July.
June 8 -
Voters in Wake County, N.C., will decide in November whether to approve a 0.5% increase in the local sales tax to fund a 10-year, $2.39 billion transit plan to reduce highway congestion in the Raleigh area.
June 7 -
The North Carolina House voted 81-27 Thursday to cancel the Interstate 77 toll road project and send the bill unwinding the states first public-private partnership to the Senate.
June 3