Understanding Carolina’s budget
With Carolina facing a projected $300 million budget shortfall, it’s never been more important to understand University finances.
Behind the Numbers
Behind the Numbers is a series of stories that take an in-depth look at the figures and policies that make up Carolina’s finances. We aim to shed light on the University’s financial situation, how various financial buckets fit together and what policies guide decision-making.
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University leaders announce plan to address budget challenges
The plan includes reductions to personnel and operating funds across schools and units and eight budget-reduction principles to help guide decision-makers.
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Faculty Council hears updates on University budget
While the University faces financial challenges, efforts to mitigate the impact have saved millions of dollars.
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UNC Board of Trustees addresses budget shortfall
Trustees say it’s time to address the previous $100 million deficit as well as the anticipated COVID-related $200 million budget shortfall.
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Carolina could see $300 million budget shortfall as a result of global pandemic
The University is planning for various budget scenarios, along with preparing for the spring semester, which includes a new advisory committee.