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Debt advisory committee calls for $100M in support of North Carolina pensions

By Washington Examiner
Published February 25, 2021 4:00pm ET
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Debt advisory committee calls for $100M in support of North Carolina pensions
North Carolina’s Debt Affordability Advisory Committee approved a draft Wednesday of its 2021 debt affordability study, which calls for maintaining the state’s 4% borrowing cap and setting aside more funding for state pension systems. The committee, chaired by State Treasurer Dale Folwell, monitors how much money the state can afford to borrow without damaging its […]

North Carolina’s Debt Affordability Advisory Committee approved a draft Wednesday of its 2021 debt affordability study, which calls for maintaining the state’s 4% borrowing cap and setting aside more funding for state pension systems.

The committee, chaired by State Treasurer Dale Folwell, monitors how much money the state can afford to borrow without damaging its credit rating.

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