Behind the Numbers

Behind the Numbers is a series that takes 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.

Carolina projects first all-funds balanced budget

Nathan Knuffman, vice chancellor for finance and operations, is the man with the $4 billion budget plan, which he will present to the UNC System Board of Governors at its meeting on May 25.
Carolina as a research powerhouse

The University’s research enterprise has seen remarkable growth in recent decades. Here’s a look at the numbers and what they mean.
A venerable campus feels its age

When building repairs reach a certain level of cost or complexity, they become capital renewal projects, sometimes called deferred maintenance. That’s when a backlog can occur.
Counting the Campaign

“For All Kind: The Campaign for Carolina” has raised more than $3.6 billion from more than 192,000 donors. That’s great news, but these funds are not a panacea for Carolina’s budget deficits.
University on track to balance budget by June 2022

University administrators answered the call to address the structural budget shortfall by aligning resources more closely with the academic mission of the University.
Carolina’s money: Where we get it; how we spend it

The University’s revenue sources vary, but nearly all have restrictions, while the University’s largest expense goes to salaries and benefits for its employees.
Understanding Carolina’s budget

With Carolina facing a projected $300 million budget shortfall, it’s never been more important to understand University finances.
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.
Faculty Council hears updates on University budget

While the University faces financial challenges, efforts to mitigate the impact have saved millions of dollars.
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.
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.