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    North Carolina takes over finances of towns Ronda and Rowland●NC takes over finances of troubled towns Ronda, Rowland✉newsBusinessFinance52 min ago

    North Carolina has assumed control of the finances of Ronda and Rowland, two small towns facing financial difficulty. The state intervention means local officials lose authority over budgeting and spending while the towns work to restore solvency. Coverage by Carolina Journal is drawing attention to fiscal mismanagement in small municipalities and the state's willingness to step in.