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The UNC Board of Governors last month adopted a $2.7-billion operating budget
for 2000-01 after the N.C. General Assembly completed its short session.
The budget includes the 16 UNC campuses and UNC Health Care System.
Of the $2.7 billion budget, $1.8 billion will come from state appropriations.
Board Chair Ben Ruffin praised the General Assembly for its creativity and
bi-partisan efforts to address the UNC system's top priorities in a tough
fiscal year.
UNC President Molly Corbett Broad cited in particular the bi-partisan effort to
pass legislation authorizing a $3.1 billion November bond referendum for the
state universities and community colleges.
Despite Hurricane Floyd recovery expenses, legal settlement commitments and
depressed revenue forecasts, the General Assembly managed to protect the
university system from proposed cuts while increasing funding for financial aid
and for bigger-than-expected salary increases, Broad said.
The legislature also allocated $46 million in repair and renovation dollars for
UNC, of which $9.3 million will go to Carolina.
In response to financial improprieties within N.C. State University's Office of
Public Safety, the board adopted a resolution requiring stricter oversight of
campus funds reallocated under existing budget flexibility guidelines.
Each UNC chancellor will now submit to the Board of Governors, through the
president, an annual plan for the reallocation of funds generated from lapsed
salaries before any funds are used. The chancellors will also routinely submit
reports detailing position vacancies, dollars generated by these vacancies and
the usage of reallocated salary funds.
In other action, the board elected officers for the current fiscal year.
Ruffin, a Winston-Salem businessman, was elected to a second two-year term as
chair.
Biltmore Forest businessman John "Jack" F.A.V. Cecil was elected to a second
term as vice chair, and Manteo attorney G. Irvin Aldridge was elected
secretary.
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