This morning, Representative Moffitt chaired the first meeting of the House Committee on Public Enterprise Systems and Use of Funds. Speakers included Jeff Hughes, an Albert and Gladys Hall Coates Distinguished Lecturer at the University of North Carolina’s School of Government (and Director of the Environmental Finance Center) and Vance Holloman, Deputy Treasurer (State and Local Government Finance Division) of the State Treasurer’s office.
You can see the handouts from Mr. Hughes’s presentation to the committee here and Mr. Holloman’s presentation here. Audio of today’s committee meeting is available using the player at the end of this post, and Representative Moffitt’s opening statement is reproduced below.
The next meeting of the House Committee on Public Enterprise Systems and Use of Funds is scheduled for Monday, April 7 at 1:00pm.
OPENING REMARKS BY REPRESENTATIVE TIM MOFFITT
House Committee on Public Enterprise Systems and Use of Funds
Monday, March 10, 2014
Good morning, ladies and gentlemen — and welcome to the first meeting of the House LRC Committee on Public Enterprise Systems and Use of Funds. Thank you all for taking time out of your day to be here.
I’m Representative Tim Moffitt of Buncombe County, and I’m honored to be co-chairing this important committee with my colleague, Representative Brian Brown of Pitt County.
I’d also like to recognize the other members of our bipartisan committee here today: Representative Bill Brisson of Bladen County, Representative George Cleveland of Onslow County, Representative Jeff Collins of Nash County, Representative Jimmy Dixon of Duplin County, Representative George Graham of Lenoir County, Representative Charles Jeter of Mecklenburg County, Representative Susan Martin of Wilson County, Representative Tim Moore of Cleveland County, Representative Mike Stone of Lee County, and finally Representative Paul Tine of Dare County.
Thank you all for your service to the citizens of the great state of North Carolina.
Our Committee has been charged with studying the wide-range of governmental organizations called “Public Enterprises” in the State of North Carolina.
Public enterprises — and similar entities — are quasi-independent business organizations, permitted by the state, to provide certain services, like water, to North Carolina’s citizens. They are officially public organizations, controlled by public boards — which are usually appointed or governed by local elected officials or some other sub-division of state government. Some municipal governments have taken to running the day-to-day operations of these organizations, but ultimately, these business entities are owned by the people of North Carolina and are the responsibility of the General Assembly. (more…)