Announcements:

Register Now for the NCGFOA (Finance Professionals) Spring Conference in Pinehurst — February 16-18, 2025.

Register Now for the NCLGIA (Investment Professionals) Spring Conference in Pinehurst — February 18-20, 2025.

Recent Statutory, Regulatory and Other Changes:

Change in Audit Due Date: Beginning with the fiscal year 2025 audit, the audit due date will be December 31 (six months after fiscal year end), instead of the current due date of October 31 (four months after fiscal year end). Click here for more information from LGC staff.

SL. 2024-1: Allows local governments to use a settlement project ordinance, authorized by G.S. 159-13.2 for any revenues received as part of a settlement. For more info, click here.

SL 2023-59: Authorizes process for LGC to withhold sales tax revenue for local governments with late audits. Click here for more information.

SL 2023-134: Mandates new information about interest payments and tax rate increases on bond referendum for GO debt. Click here for guidance on compliance from the LGC.

SL 2023-138: Requires LGC approval of certain public enterprise contracts. Click here for more information.

SL 2023-134: Expands reach of Joint Legislative Commission for Governmental Operations. Click here for more information.