The North Carolina Local Government Commission is a part of the North Carolina Department of State Treasurer which was created after the Great Depression to assist local North Carolina governments in decision making involving large financing projects such as bond issues.
The Local Government Commission is a subagency within the North Carolina Department of State Treasurer.
[2] The commission is responsible for approving, selling, and delivering all North Carolina bonds and notes.
[4] The commission was created by the North Carolina General Assembly in 1931.
[7] In December 2021, it voted to revoke the incorporation of East Laurinburg, effective June 2022, the first time it ever used this authority, after finding evidence of impropriety in the town's financial management.