901 - University of North Carolina at Chapel Hill Policy on State Budget

Reason for Policy

The Board of Governors of the University of North Carolina is required by North Carolina General Statute (N.C.G.S.) 116-11(9) to present requests for funds for the continuing operation of each constituent institution of the University System, such as UNC-Chapel Hill.

The statute further specifies that appropriations made in response to such Continuation Budget requests be made directly to the individual units of the University System, such as UNC-Chapel Hill. The statute specifies that all Expansion Budget and Capital Improvement requests are to be submitted by the Board of Governors without regard to the individual campus affected. After legislative approval is obtained, the Board of Governors of the University of North Carolina will allocate to UNC-Chapel Hill those portions of the Expansion and Capital Improvement Budgets that they determine are necessary for the programs and activities on this campus. The allocations may be on a specific one-time basis (e.g., Capital Improvements and one-time Expansion Budgets) or on a continuing basis, as is usually the case for most Expansion Budgets for educational and service activities.

Policy Statement

The State Budget Act (N.C.G.S. Chapter 143C) constitutes the legal basis for the budget system in North Carolina. The State Budget Officer issues directives to UNC-Chapel Hill (along with other branches of the University System) through the Office of the President to serve as the basis for the preparation and submission of budgets as may be required by the General Assembly, on either a biennial or an annual basis.

Exclusions

None

Special Situations

None

Procedures

None

Additional Information

Frequently Asked Questions

None

Related Data

None

Contacts

History

Revised:

• January 24, 2012
• March 18, 2001