7.19.21 | Go Heels, Sports, University Budget Issues
The department, which announced September 2020 projected revenue losses of $30 million to $52 million, trimmed that number to less than $6 million.
As UNC administrators work toward their goal of a balanced budget by June 2022 — having operated without one for nearly a decade — limitations on growth and flexibility will remain in place at least through this fiscal year. read more
The University’s financial problems didn’t start with the coronavirus pandemic, but the health crisis has exacerbated the need for budget cutting, UNC’s top administrators are telling the campus community. read more
The COVID-19 pandemic “continues to pose a substantial and indeterminate threat” to UNC’s finances, campus officials have told the UNC System read more
North Carolina voters overwhelmingly approved a bond referendum that will bring $2 billion to the state’s public college campuses — including most of the funding for a new medical school building at Carolina. read more
After three years of heavy state budget cutting, which culminated in a loss of about $100 million to the University last year, students and their families are bracing for significant tuition increases. The Board of Trustees later this week will… read more
The following is excerpted from a “summary document” on the impact of recent budget cuts on UNC to this point. The information reflects a collective effort of University administration. The University has absorbed more than $231 million in… read more
Endeavors, the University’s 27-year-old award-winning magazine that covers research on the campus, is an early victim of the some $80 million UNC will lose as a result of state budget cuts. The magazine, which is published three times… read more
Just as University administrators were trying to catch their breath after the news that state budget cuts would hit Chapel Hill $20 million harder than they’d expected, an angel appeared — an angel bearing $20 million. The UNC Health Care… read more
The University will suffer an 18 percent cut in state appropriations for fiscal year 2011-12 — a loss of $108 million. It is the highest cut, by $20 million, among the UNC System’s 17 campuses. The system Board of Governors in its June… read more