The Finance and Budget Division works as staff to the Board of Governors, President, and Chief Operating Officer in their financial management of the UNC system. This includes the areas of budget development and execution, facilities, property, capital construction, debt management, procurement policy, tuition and fee development, efficiency efforts, and analysis of policy changes with a fiscal impact.
The 2015-17 UNC Budget Priorities are aligned closely with the 2014-18 Strategic Plan, "Our Time, Our Future: The UNC Compact with North Carolina." The supplemental 2016-17 Operating Budget Priorities were approved by the Board of Governors on April 15, 2016.
President’s Advisory Committee on Efficiency and Effectiveness (PACE) | November 1, 2006
Established by Eskine Bowles during his service as UNC president, PACE was developed to examine administrative costs, rework processes and leverage system strengths to assure the legislature and taxpayers that the significant resources already dedicated to the University would be utilized as efficiently and effectively as possible.
The UNC Budget Development Process
This presentation is an overview of the UNC Budget Process.
The UNC Budget Flexibility Guidelines
In 1991, the General Assembly enacted UNC Fiscal Accountability/Flexibility legislation that granted additional authority in the areas of budgeting, personnel administration, and purchasing to those institutions designated as "Special Responsibility Constituent Institutions (SRCI)." The Board of Governors adopted the flexibility guidelines in September 1991. These guidelines provide standards and safeguards that must be met and maintained in order for a constituent institution of UNC to retain SRCI designation.