UNCG Budget Central
This web page is designed to keep the University community apprised of UNCG's response to the unprecedented economic challenges facing North Carolina and the country. The website provides relevant information from President Tom Ross, Chancellor Brady, the Office of State Budget and Management, and other important campus and North Carolina links related to the budget process and ongoing budget reduction plans. This website will be updated as additional relevant information becomes available. To receive notification of website updates, join our listserv.
Tuesday, April 23rd, 2013 under
The North Carolina General Fund Revenue Report and Economic Outlook for April 2013 developed by the Fiscal Research Division of the General Assembly can be seen here. This report is an update provided by the General Assembly’s Fiscal Research Division that summarizes revenue for the current fiscal year and outlines the risks to revenue receipts for the current year.
The following is an excerpt from the report:
• General Fund revenue through three quarters of the fiscal year is $110 million above a $14.3 billion revenue target.
• The State’s economy has steadily been gaining strength. We anticipate the pace of economic growth to stay on a steady, upward trend.
• Federal sequestration policies may put the pace of growth at risk as the effects begin to take hold this summer.
• Unlike the last several years, an “April surprise” is more likely especially given the added volatility from the new $50k business exemption and taxpayers’ reactions to federal tax changes.
Thursday, April 4th, 2013 under
Chancellor Brady provided a state legislative update for members of the Faculty Senate on Wednesday, April 3. Click here to view Chancellor Brady’s presentation.
Portions of Chancellor Brady’s update include slides from UNC President Tom Ross’s presentation to the Joint Appropriations Subcommittee on Education on Thursday, March 28. Click here to view President Ross’s full presentation.
Friday, March 22nd, 2013 under
Click here to download the budget management memo dated March 22, 2013 from UNCG Vice Chancellor for Business Affairs Reade Taylor.
Budget Management Initiatives Memo 03.22.2013
Click here to download the spending guidelines memo dated March 20, 2013 from UNC System Chief Operating Officer Charlie Perusse and Governor McCrory’s memo dated March 8, 2013 to all state agencies.
FY 2012-13 Spending Guidelines 3.20.2013
Thursday, March 21st, 2013 under
On Wednesday, March 20, Governor Pat McCrory released his proposed 2013-15 State Budget (UNC System begins on page 43). This is the first step in the state budget process. Throughout the spring, the Senate and House of Representatives will develop and negotiate budget proposals until an agreement is reached and a final budget recommendation is sent to the Governor for his signature prior to July 1, 2013.
Click here to download a high-level summary from UNC General Administration of budget recommendations pertaining to the University.
UNC President Tom Ross yesterday issued the following statement on Governor Pat McCrory’s proposed 2013-14 state budget:
The University appreciates the many fiscal challenges facing the state, including a stubbornly high unemployment rate. While parts of our economy appear to be rebounding, these are still difficult times for many North Carolinians, especially its families and students. And yet, the importance of education to our future remains clear and ever present.
I am very concerned by the magnitude of the new cuts proposed for our campuses, particularly in light of the more than $400 million in permanent budget reductions we absorbed two years ago. I worry about the impact additional reductions will have on our ability to provide high-quality educational opportunities to our residents and to assist in North Carolina’s economic recovery.
The University of North Carolina remains committed to operating more efficiently, while continuing to do our part to ensure North Carolina’s economic competitiveness and high quality of life. We recognize that we must do more with less and remain accountable to the taxpayers and state policymakers.
Wednesday, November 7th, 2012 under
The following presentation prepared by Chancellor Brady includes a summary of the purpose, process and timeline of the UNC Strategic Directions Initiative. Click here to access the presentation.
Chancellor Brady is one of the five Chancellors that was asked to serve on the UNC Advisory Committee on Strategic Directions, which is charged with preparing a new Strategic Plan for the UNC System by early 2013. An overview and listing of committee members for the meeting may be accessed at General Administration’s Strategic Directions Initiative site.