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State Government
First Connect NC Bonds Hit The Market PDF Print E-mail
State Government
By Administrator   
Wednesday, 27 July 2016 12:32
The inaugural sale of the first $200 million of the $2 billion Connect NC bond to support investments in our state’s education, parks, National Guard and water and sewer infrastructure was conducted on Wednesday. 
“This is a great day for North Carolina as we are one step closer to breaking ground on long-term infrastructure projects across the state to support our growth and quality of life for generations to come,” said Governor Pat McCrory who championed the Connect NC effort. “As one of only ten states in the nation with an AAA credit rating,  we are proud to report that North Carolina has experienced a strong demand for our bonds.” 
Citigroup Global Markets Inc. submitted the lowest of six bids offering a historically low interest cost of 2.08 percent. Projects will begin receiving funds in mid-August.
Earlier this month, all three major bond rating agencies—Moody’s Investor Services, Standard and Poor’s and Fitch Ratings—assigned an AAA bond rating, the highest possible, to North Carolina’s first issuance of the Connect NC bond. Rating agencies attribute the strong bond rating to North Carolina’s continued and diverse economic expansion, ample reserves and long history of conservative financial management. 
Today’s bond sale is another encouraging sign for North Carolina’s economy. Since 2013, North Carolina is home to one of the fastest growing economies in the nation, revenues are up above projections, unemployment is down to pre-recession levels and more than 300,000 new jobs have been added.
About Connect NC
The Connect NC bond will invest $980 million into the state’s 17 universities. The vast majority of these improvements will build facilities that will improve teaching and research in the science, technology, engineering and medical fields. An additional $350 million will go to the community colleges, primarily for new construction, repairs and renovations on its 58 campuses.   

Another $309.5 million will be awarded to smaller cities and towns to build and repair water and sewer systems. These investments are crucial to retaining and attracting new jobs outside of the state’s metro areas. First Connect NC Bond Sale Takes Advantage of Historically Low Interest Rate


Last Updated on Wednesday, 27 July 2016 12:58
Governor Signs Bill To Track Veterans PDF Print E-mail
State Government
By Administrator   
Tuesday, 26 July 2016 15:08
Governor Pat McCrory was joined by veterans, active duty military members and legislators at the Department of Military and Veterans Affairs today as he signed legislation to support veterans in North Carolina.
"This bill is about making sure we are doing everything we can at the state level to support military members, veterans and their families," said Governor McCrory. "Allowing people to voluntarily indicate if they are a veteran can help us better serve those who have fought to defend our state and nation."
Senate Bill 105 directs the Secretary of Revenue to add space to income tax forms so a person can voluntarily indicate if they or their spouse are a veteran. The Department of Revenue will compile that information and annually report the number of veterans filing tax returns in North Carolina to the Department of Military and Veterans Affairs. This information can help the state determine information on how veterans and their families reside in North Carolina to offer insight on services or resources veterans in North Carolina may require.
More than 770,000 veterans reside in all of North Carolina's 100 counties. To better serve veterans, active duty military and their families in North Carolina, Governor McCrory created the Department of Military and Veterans Affairs. The governor has also initiated in-state tuition for veterans at North Carolina community colleges and universities, funded Veteran Treatment Courts to ensure veterans get the unique care they deserve, and signed legislation to give credit for military experience when veterans apply for positions like law enforcement and truck drivers. Since 2013, these initiatives have helped cut the unemployment rate among veterans in half.
Governor McCrory has also signed the following bills:
Senate Bill 886 - Establishes survivorship benefits for a member killed in the line of duty for the North Carolina Firefighters' and Rescue Squad Workers' Pension Fund. The law honors firefighter Captain Bradley Long who was killed in the line of duty in June 2016.
Senate Bill 865 - Makes administrative changes to the State Health Plan for teachers and state employees statutes; increases the number of local governments able to participate in the State Health Plan; and makes changes to State Health Plan premiums paid by local government employees.
Senate Bill 815 - Authorizes the Longleaf School of the Arts to elect to participate in the State Health Plan.
Senate Bill 667 - Makes omnibus changes to election laws.
Senate Bill 508 - Makes various amendments to the bail bond, collection agency, and criminal mediation laws.
House Bill 1080 - Establishes the Achievement School District (ASD), a State-level and statewide school administrative unit for low-performing schools from across the state. The bill passed with bipartisan support and authorizes the creation of innovation zones for local school administrative units (LEA) that transfer a qualifying school into the ASD.
House Bill 742 - Clarifies the requirements for initial licensure as a professional engineer and allows North Carolina Public Schools to reduce costs by allowing the employment of licensed school maintenance plumbers.
House Bill 483 - Makes changes to land-use regulatory laws to support multi-phased development.
State Fleet Reforms Save Taxpayers $9 Million PDF Print E-mail
State Government
By Administrator   
Tuesday, 26 July 2016 15:00
Raleigh - Governor Pat McCrory’s reforms to the Division of Motor Fleet Management are saving taxpayers $9 million by contracting with a fleet management company for the maintenance and repair of the division’s 7,300 vehicles. This change is expected to increase efficiencies in Motor Fleet’s internal garage and reduce operating expenses by approximately $1.8 million annually, or $9 million over five years. The contract began on July 1, 2016.
“We never stop looking for ways to save taxpayer's money and improve customer service in North Carolina,” said Governor McCrory. “North Carolina’s vehicle fleet will be maintained and repaired in a more cost-effective way, providing better service, safety and accountability to our customers.”
By contracting with a private vendor, the state will improve customer service, eliminate administrative processing costs and improve the productivity of its automotive technicians. The fleet management vendor will improve service by accepting customers’ repair and maintenance calls on a 24/7/365 basis, rather than the current service provided only during normal state government business hours. Once a repair call is received, the vendor arranges for service to be performed by a certified automotive facility at pre-negotiated prices. The state then receives only one bill from one vendor each month, rather than hundreds of bills from multiple vendors. In addition, Motor Fleet will employ a garage module that will compare the state’s automotive technician productivity to industry standards. This will allow Motor Fleet to set benchmarks for technicians and improve employee performance.
Vehicle telematics will also provide Motor Fleet’s customers with additional data that will improve safety and reduce operating expenses. Agencies will have access to vehicle data in real-time that will allow them to make better business decisions about vehicle utilization. In addition, the telematics units can provide in-cabin feedback to drivers to encourage good driving behaviors (e.g., speed, acceleration and braking). This feedback will improve vehicle safety and further reduce operating expenses.
Gov. Pat McCrory's Public Schedule For Thursday, October 30, 2014 PDF Print E-mail
State Government
By Administrator   
Thursday, 30 October 2014 04:59

RALEIGH, (SGRToday.com) - Following is Gov. Pat McCrory's public schedule for Thursday, October 30, 2014, as released by his office.

8:15 a.m.
N.C. CEO Forum
North Ridge Country Club
6612 Falls of Neuse Road

OPEN to credentialed press only.

Last Updated on Thursday, 30 October 2014 05:04

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