• Home » 
  • General Assembly Passes 2014-15 Budget

General Assembly Passes 2014-15 Budget

Posted on Thursday, August 7th, 2014 under Budget News, State Budget News

On August 2, 2014, the North Carolina House and Senate finalized passage of the 2014-15 budget, an adjustment to the second year of the biennial budget approved in 2013. Earlier today, Governor McCrory signed the state’s budget bill. Now, the UNC Board of Governors has the responsibility to determine how funds will be distributed to each campus across the UNC system. After the Board of Governors makes its allocation decisions, which we expect will occur within the next several weeks, we will have an understanding about the impact of the new state budget on UNCG.

The committee report can be found here (UNC begins on page F-11).

The budget bill document is available here (UNC System begins on page 56).

UNC General Administration has provided a side-by-side comparison of the adopted Conference Budget to the Senate Budget, House Budget, UNC System Budget Priorities and Governor’s Proposed Budget. It is available here.

Here are a few of the highlights of the 2014-15 budget as they relate to the entire UNC system:
  • Increases the management flexibility reduction for the UNC operating budget by 3.3% or $2.4 million. Including this change, the management flexibility reduction for FY 2014-15 totals $76,039,788. The UNC Board of Governors shall not allocate this reduction on an across-the-board basis to constituent institutions (#60, pg F- 13)
  • A $1,000 annual recurring salary increase (approximately $1,236 salary and benefit increase) for permanent, full-time SPA employees, effective July 1, 2014.
  • $5 million for salary increases for EPA employees. The Board of Governors will determine how best to allocate these funds to improve employee retention.
  • A one-time additional five days of annual leave for full-time permanent state employees on Sept. 1, 2014.
  • An increase in tuition waiver for full-time faculty and staff from two to three courses per year.
  • Salary supplements for teachers who have taken courses in pursuit of a master’s degree prior to Aug. 1, 2013.
  • A special provision stating that the UNC Board of Governors shall use $2 million in the 2014-15 fiscal year to support Union Square Campus, Inc., a nonprofit entity, that will build the downtown facility to house nursing programs for UNCG, North Carolina A&T State University, Guilford Technical Community College, as well as training facilities for Cone Health Cardiovascular Physician Management Company, Inc.
  • $3 million for “Game-Changing Research” as described in the UNC system Strategic Directions plan (advanced manufacturing; data sciences; defense, military, and security; energy; marine and coastal sciences; and pharmacoengineering)
  • $1.2 million for the North Carolina New Teacher Support Program. The program is administered through a central office and four regional anchor sites at UNCG, UNC Charlotte, East Carolina University, and the UNC Center for School Leadership Development.

August 7, 2014

UNC President Tom Ross has offered the following statement on the 2014-15 state budget signed today by Governor McCrory:

“We are grateful to the members of the General Assembly for their attention to our needs and the tools that we have been given to manage our resources. There is a lot to appreciate in this budget, including the first new investment by the General Assembly for parts of our strategic directions initiative and the support of the New Teacher Support program.

“We continue to focus on our responsibility to produce a well-equipped talent force for our businesses and our communities.  Highly talented faculty and staff are critical to these efforts.  As other states continue to reinvest in higher education, our ability to recruit and retain the best faculty and staff will only get more challenging.  We look forward to working with the Governor and the General Assembly next session to address the issues that will hinder our State’s future competitiveness.”

Posted in Budget News, State Budget News.