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The Importance of Fund Balance

What do we need all this fund balance for, anyway? As we move into the height of budget season, this question will ring out across the North Carolina — especially as many local governments re-build fund balance after some years of decline. Why do we keep the...

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Four ways to finance streets and sidewalks

There never seems to be enough money to go around for construction and maintenance of streets and sidewalks. Here are some ways a local government can borrow money to finance these projects -- General obligation bonds For many, many years this was the only viable...

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