The economic fallout from the coronavirus pandemic is expected to affect state and local governments for the foreseeable future.

On Tuesday's BizTalk, North Carolina's State Treasurer Dale Folwell discussed federal CARES Act funds that have come to North Carolina and the financial strain local governments are expected to face because of the drop in tax revenues.

He shared his take on the local issue of a potential new partner or owner of New Hanover Regional Medical Center and also spoke about his own bout of COVID-19, from which he has recovered.

View the full conversation below.

COMING UP THE REST OF THIS WEEK:

On Wednesday, Downtown Business Alliance president Terry Espy talks about results from a recent survey on the idea of closing streets for outdoor dining as restrictions began to loosen as well as other downtown business issues.

On Thursday, Next Glass’ new CEO Trace Smith talks about recent changes for Wilmington-based startup Untappd, including investment from an equity firm.

And on Friday, Zane Bennett, executive director of Plantation Village, joins us to talk about keeping senior residents healthy in the face of COVID-19.