Displaying items by tag: bond
North Carolina running out of room to borrow for road projects
RALEIGH — North Carolina may run out of room to borrow money for transportation projects in just a few years, according to a new report released this week by State Treasurer Dale Folwell.
Advisory committee says North Carolina should put more toward pensions
RALEIGH — North Carolina’s Debt Affordability Advisory Committee says the state should set aside $100 million a year to help the state pension systems remain solvent.
Cooper pushes multibillion-dollar bond, but budget picture remains murky
RALEIGH — Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
School construction bond passes House education committee
RALEIGH — The House K-12 Education committee OK’d the statewide school construction bond bill, but questioned the formula used to decide how much each county would get for school construction.
Senate proposes pay-as-you-go alternative to school bond
RALEIGH — A Senate plan to pump $2.03 billion of tax revenue into K-12 public school construction would both outspend a competing House plan and do so with cash rather than debt, Senate Majority Leader Harry Brown, R-Onslow, said Wednesday.