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North Carolina Local Government Commission
The North Carolina Local Government Commission is a part of the North Carolina Department of State Treasurer which was created after the Great Depression to assist local North Carolina governments in decision making involving large financing projects such as bond issues. The commission is chaired by the North Carolina State Treasurer. Responsibilities The Local Government Commission is responsible for approving, selling, and delivering all North Carolina bonds and notes. In August 2021 legislation was passed which granted the commission the authority to revoke the incorporation of financially-troubled municipalities. History The commission was involved in the controversial Carolina Crossroads project near Roanoke Rapids, North Carolina and was criticized for lack of rigor in its evaluation of the proposal. In February 1997 the board assumed control over the finances of Princeville, the first time it had ever taken over the finances of a municipality. In December 2021, it voted ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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North Carolina State Treasurer
The North Carolina State Treasurer is a statewide elected office in the U.S. state of North Carolina responsible for overseeing the financial operations of state government. The current state treasurer is Dale Folwell. The office of state treasurer has existed since 1715 in the Province of North Carolina; at that time, the treasurer was appointed by the lower house of the legislature. In 1740, the treasurer's office was divided into two districts, and in 1779, into four. In 1784, the North Carolina General Assembly brought the treasurers under one single office, appointed jointly by both houses of the legislature. Under the North Carolina Constitution of 1868, the treasurer became a position elected by popular vote, rather than appointed. The North Carolina State Treasurer is an ex officio member of the North Carolina State Board of Education, the State Board of Community Colleges, the State Banking Commission, and the Council of State. History of the office The Fundamental ...
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The Bond Buyer
''The Bond Buyer'' is a century-old daily national trade newspaper based in New York City and focused on covering the municipal bond industry. It is published Monday through Friday, except holidays. The newspaper is printed on tabloid-sized paper and typically features three to four stories on the front page. The paper focuses on different regions of the United States each day and maintains news bureaus in Washington, D.C., Chicago, Florida, Atlanta, Dallas and San Francisco. The news organization maintains a website, which provides breaking-news updates throughout trading days as well as archives and statistics. The website, like the paper, is viewable to paid subscribers. Notes * The Milford Wind The Milford Wind Corridor Project, also called Milford Wind, is a 306 megawatt (MW) wind farm spanning Beaver and Millard County north of Milford, Utah. It became the state's largest wind facility when the first phase was completed in 20 ... Corridor Phase I project was ...
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Carolina Crossroads
Carolina Crossroads is a planned entertainment development near Roanoke Rapids, North Carolina located near the intersection of I-95 and US 158. The development was hoped to bring new jobs to the area which had been affected in recent years as textile mills closed and jobs moved out of the area. Government officials hoped that Carolina Crossroads would lead the area from a manufacturing based economy to one based in tourism. Modeled loosely on the success of Branson, Missouri, the complex was intended to draw performers and tourists to the area. Planners noted location approximately halfway between New York and Florida and its proximity to I-95 and location between Raleigh, North Carolina, Richmond, Virginia, and the Hampton Roads, Virginia areas. The complex was to feature an indoor theater, an outdoor amphitheater, an RV park, an aquarium, water park, retail shops, and hotels. A Black Widow Billiards Center was also announced by Jeanette Lee. A rock-and-roll-themed amusement ...
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Roanoke Rapids, North Carolina
Roanoke Rapids () is a city in Halifax County, North Carolina, United States. The population was 15,754 at the 2010 census. It is the principal city of the Roanoke Rapids Micropolitan Statistical Area, and is also an anchor city of the Rocky Mount-Wilson-Roanoke Rapids CSA, with a total population of 297,726 as of 2018. Geography Roanoke Rapids is located in northern Halifax County at (36.454528, -77.654822), bordered to the north by Northampton County, with the county line following the Roanoke River. According to the United States Census Bureau, the city has a total area of , of which are land and , or 0.36%, are water. The town is located at the eastern edge of the North Carolina Piedmont, on the Roanoke River at the fall line, which marks the area where an upland region (continental bedrock) and a coastal plain (coastal alluvia) meet. The fall line is typically prominent where a river crosses it, for there will usually be rapids or waterfalls. Because of these features, ...
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Princeville, North Carolina
Princeville is a town in Edgecombe County, North Carolina, United States established by freed slaves after the Civil War. It was established in 1865 and known as Freedom Hill. It was incorporated in 1885 as Princeville, the first independently governed African American community chartered in the United States. Princeville is part of the Rocky Mount, North Carolina Metropolitan Statistical Area. As of the 2020 census, the town population was 1,254 residents. The town is on the opposite bank of the Tar River from Tarboro. The city of Rocky Mount is to the west. History As the American Civil War reached its conclusion, formerly enslaved African Americans sought refuge at a temporary Union encampment south of Tarboro, North Carolina along the Tar River. These inhabitants developed their own makeshift settlement at the site and chose the name Freedom Hill in recognition of a small raised area where a Union soldier first announced the Emancipation Proclamation. In 1873, communit ...
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Star-News
''Star-News'' is an American, English language daily newspaper for Wilmington, North Carolina, and its surrounding area (known as the Lower Cape Fear). It is North Carolina's oldest newspaper in continuous publication. It was owned by Halifax Media Group until 2015, when Halifax was acquired by New Media Investment Group. The ''Star-News'' has a circulation of 41,300 daily (47,400 Sunday) and covers a three-county region in Southeastern North Carolina: New Hanover, Brunswick and Pender. History The paper was originally published on September 23, 1867, as the ''Wilmington Evening Star'' by former Confederate Major William H. Bernard. Shortly after first publishing the paper, Bernard changed the paper to come out in the morning and changed the paper name to the ''Wilmington Morning Star''. " was an ardent advocacy of white supremacy-a view never more strongly demonstrated than in its coverage of the Wilmington race riots of 1898." In 1927, R. W. Page bought the ''Morning S ...
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East Laurinburg, North Carolina
East Laurinburg is an unincorporated community in Scotland County, North Carolina, United States. The population was 345 at the 2020 census. The town was incorporated in 1903 but, due to financial improprieties and failing finances, the town's charter was revoked by the state effective June 30, 2022, in which the area became an unincorporated part of Scotland County. History Scotland Village was incorporated as a town in southern Scotland County in 1903. In 1909, the name was changed to East Laurinburg. Early in East Laurinburg's history, Waverly Mills established a textile mill in the locale, which grew to include numerous homes and several churches and stores. The mill workers largely lived separately from the residents of nearby Laurinburg, the latter looking down upon the former and stalling attempts to enroll East Laurinburg children in Laurinburg city schools. In May 1934, 500 workers from four Waverly Mills plants in the town went on strike in protest of work conditions ...
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Public Budgeting & Finance
''Public Budgeting & Finance'' is a quarterly peer-reviewed academic journal published by Wiley-Blackwell on behalf of Public Financial Publications. The journal was established in 1981 under Allen Schick, with the aim of integrating the interdependent but often separated fields of budgeting and financial management. The current editors-in-chief are Justin Marlowe (University of Washington) and Sharon Kioko (University of Washington). The journal spans the spectrum of budget process and policy and financial management Financial management is the business function concerned with profitability, expenses, cash and credit, so that the "organization may have the means to carry out its objective as satisfactorily as possible;" the latter often defined as maximizin .... References External links * {{DEFAULTSORT:Public Budgeting and Finance Wiley-Blackwell academic journals English-language journals Academic journals established in 1981 Quarterly journals Finance jour ...
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The Pew Charitable Trusts
The Pew Charitable Trusts is an independent non-profit, non-governmental organization (NGO), founded in 1948. With over 6 billion in assets, its stated mission is to serve the public interest by "improving public policy, informing the public, and invigorating civic life". History The Trusts was established by the merging of several charitable funds that had been established between 1948 and 1979. The original funds were created by J. Howard Pew, Mary Ethel Pew, Joseph N. Pew Jr., and Mabel Pew Myrin—the adult sons and daughters of Sun Oil Company founder Joseph N. Pew and his wife, Mary Anderson Pew. Honoring their parents' religious conviction that good works should be done quietly, the original Pew Memorial Foundation was a grantmaking organization that made donations anonymously. The foundation became the Pew Memorial Trust in 1956, based in Philadelphia, the donors' hometown. Between 1957 and 1979, six other trusts were created, representing the personal and complementa ...
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National Civic Review
The National Civic League is an American nonpartisan, non-profit organization founded in 1894 with a mission to advance civic engagement to create equitable, thriving communities. The League envisions a country where the full diversity of community members are actively and meaningfully engaged in local governance, including both decision making and implementation of activities to advance the common good. It also promotes professional management of local government through publication of " model charters" for both city and county governments. The National Civic League applies civic engagement principles through key programs: community assistance, research and publications, and awards and events. Key issue areas include, but are not limited to: racial equity, environmental sustainability, health equity, youth leadership, education, and housing. History The National Civic League was founded as the National Municipal League in 1894 at the ''National Conference for Good City Govern ...
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Government Of North Carolina
The government of North Carolina is divided into three branches: executive, legislative, and judicial. These consist of the Council of State (led by the Governor), the bicameral legislature (called the General Assembly), and the state court system (headed by the North Carolina Supreme Court). The Constitution of North Carolina delineates the structure and function of the state government. Executive branch North Carolina's executive branch is governed by Article III of the state constitution. The first North Carolina Constitution in 1776 called for a governor and a seven member Council of State elected by the legislature. Currently, the ten-member Council of State of North Carolina includes the following members elected by voters: #Governor # Lieutenant Governor #Attorney General # Secretary of State #Commissioner of Agriculture # Commissioner of Insurance # Commissioner of Labor # Superintendent of Public Instruction #State Treasurer # State Auditor The Council of State as a ...
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