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NC officials press towns with shaky finances to shape up or face consequences

APRIL 27, 2021 | by Ned Barnett | THE CHARLOTTE OBSERVER (NORTH CAROLINA)

By Ned Barnett, includes “… The state has recently taken over the finances of the small towns of Robersonville, Eureka, Pikeville, Kingstown and the Cliffside Sanitary District in Rutherford County. Local governments have been subject to a takeover only five other times, all since the late 1990s. Folwell said more than 100 local entities, including counties, are on the LGC’s watch list – officially the Unit Assistance List – because they are out of compliance with financial reporting rules or have financial issues with their general fund or utility fund.”

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