More financial trouble is predicted for NC cities and counties. What’s the solution?
In a budget crisis, these entities can lose control of their finances to the state Janet Gerald, mayor pro tem of Kingstown, knew high sewer costs were a financial strain for the town when she was took office three years ago. Still, the realization that the town needed to relinquish control of its spending hit her hard. “I was a little disappointed,” she said. “I was sad. I was heartbroken. I was embarrassed. I was crushed.”