North Carolina State Treasurer Dale Folwell is responding to comments made by Pilot Mountain Mayor Evan Cockerham regarding the state’s years-long involvement in addressing the town’s ongoing financial troubles. Pilot Mountain’s town manager and finance officer, Michael Boaz, was placed on administrative leave on Oct. 18 after concerns were raised over the state of the town’s finances. He was shifted to unpaid leave on Oct. 29.Cockerham announced at a Board of Commissioners meeting last Thursday Boaz spent town funds without the knowledge or approval of the board. He added that Boaz had presented the board with “inaccurate” information that had impacted town leaders’ “ability to make informed decisions.”Get the latest news stories of interest by clicking hereCockerham said officials discovered funds for the Pilot Mountain Rescue Squad, Tourism Board and “Love the Library Tea” fundraiser have been impacted by the misappropriation of funds.Cockerham mentioned the state’s financial institutions in his …
NC treasurer calls Pilot Mountain mayors comments on towns financial troubles ‘inaccurate’ [Video]
Categories