Swing for the fences, stabilize state health plan. NC’s next Treasurer faces enormous challenges. ...Middle East

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Swing for the fences, stabilize state health plan. NC’s next Treasurer faces enormous challenges.
It’s been 30 years since former state Treasurer Harlan Boyles published “Keeper of the Public Purse,” a short examination from the conservative Democrat about how money was raised and spent in North Carolina on behalf of the people. Boyles served the state for 24 years, maintaining North Carolina’s AAA credit rating while guiding the investment of $70 billion in state and pension funds. Boyles’ prudent approach was revered by many and shaped the management style of current state Treasurer Dale Folwell. Folwell, a Republican and former state lawmaker, has displayed his own reserve by keeping a large portion of the state pension funds sitting in cash. Folwell is not on the ballot this November

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