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UNC Budget Outlook. November 7, 2008. UNC Faculty Council. The University of North Carolina. UNC Summary – Revenues 2006-07. Total = $8.2 billion. Source: IPEDS Data. UNC-CH Summary – Revenues 2006-07. Total = $2.5 billion. Source: IPEDS Data. UNC System = $2.6 billion* 2008-09.

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unc budget outlook

UNC Budget Outlook

November 7, 2008

UNC Faculty Council

The University of North Carolina

unc summary revenues 2006 07
UNC Summary – Revenues2006-07

Total = $8.2 billion

Source: IPEDS Data

unc ch summary revenues 2006 07
UNC-CH Summary – Revenues2006-07

Total = $2.5 billion

Source: IPEDS Data

unc system 2 6 billion 2008 09
UNC System = $2.6 billion*2008-09

UNC-CH = 22% of UNC System State Appropriations

  • * Excludes capital improvements
nc state budget 21 2 billion 2008 09
NC State Budget - $21.2 billion*2008-09

UNC = 12% of overall state budget and 23% of Education budget

  • * Excludes capital improvements
unc as a of state budget
UNC as a % of State Budget

12.0%

12.2%

13.2%

14.2%

16.5%

  • 2008-09
  • 2003-04
  • 1998-99
  • 1993-94
  • 1988-89
education budget breakdown 2008 09
Education Budget Breakdown2008-09
  • DPI: $7.8 billion
  • UNC: $2.6 billion
  • NCCCS: $.9 billion
  • Private Colleges: $.1 billion
fiscal year 2008 09
Fiscal Year 2008-09
  • 2008-09 revenue projections are based on 3.9% growth
  • Each 1% of growth = $200 million
  • Currently, revenues are approximately $300 million behind projections. This is a significant deficit for the 1st quarter.
  • Governor has issued 4% reversions
  • Other Factors:
    • State Health Plan has at least a $300 million deficit for 2008-09
2009 11 budget
2009-11 Budget
  • North Carolina is a fast growing state
    • North Carolina will be the 7th largest state by 2030
  • Pressures on state budget
    • Economy, declining revenues
    • State Health Plan deficit – $600 to $700 million over biennium
    • Medicaid – $50 million
    • K-12 requirements
      • Enrollment – $100 million
      • ABC Bonuses – $100 million
    • State Employee Salary Increases – each 1% is $130 million
  • New Governor, Legislators, & Treasurer
unc state budget
UNC State Budget
  • “A single, unified recommended budget for all of public senior higher education.” G.S. 116-11
  • Statute prescribes form of budget requests – three categories:

1. Continuing Operations (enrollment, utilities, vehicle replacement) – allocated to institutions

2. Academic Salary Increases – lump sum to Board of Governors and then allocated to campuses

3. Expansions/Improvements Items – lump sum to Board of Governors and then allocated to campuses

      • New and expanded programs
      • Capital improvements
unc state budget1
UNC State Budget
  • Legal Basis
    • State Executive Budget Act – G.S.143C
    • Higher Education Reorganization Act of 1971 – G.S. 116
  • Board of Governors’ Role:
    • Presents comprehensive financial plans to General Assembly
    • Modifies plans based on resources made available by Legislature
    • Establishes annual budgets which are administered by the constituent institutions
    • Advocacy
2009 11 budget continuation
2009-11 Budget - Continuation
  • Campuses work with Office of State Budget & Management (OSBM):
    • Building Reserves for new State-funded Facilities opening during the biennium
    • Replacement Vehicles & Equipment
    • Inflationary Increases (library books, utilities)
    • Required Staff Benefits & Continuing Personnel
  • Campuses and GA work together, then submit to OSBM:
    • Enrollment
expansion budget process
Expansion Budget Process
  • Budget Preparation
    • Campus Submissions (Sept)
    • UNC-GA Review (Sept-Oct)
    • 24 Chancellors’ & Affiliates one-on-one discussions (Sept-Oct)
    • BOG Workshops (Oct-Nov)
    • Final Recommendations (Nov)
2009 11 expansion budget operating
2009-11 Expansion Budget – Operating
  • Campus Safety
  • Our Citizens & Their Future: Access to Higher Education
    • UNC Need-Based Grant
    • Regional Partnerships
    • Student-focused Programs:
      • Community College/transfer
      • Under-represented populations
      • Retention and graduation
2009 11 expansion budget operating1
2009-11 Expansion Budget – Operating
  • Increase Efforts to Recruit & Retain High Quality Faculty
    • 80th Percentile
    • Across the Board Merit Increases
    • Distinguished Professors
    • Recruitment & Retention Fund
2009 11 expansion budget operating2
2009-11 Expansion Budget – Operating
  • Our Global Readiness
    • Graduates with 21st Century Skills
      • Critical and creative thinking
      • Analysis
      • Problem-solving
      • Verbal and written communication
    • Our Health
    • Dental Program
    • Medical Programs
2009 11 expansion budget operating3
2009-11 Expansion Budget – Operating
  • Our University’s Outreach & Engagement
    • Regional Issues
  • Our Communities & Their Economic Transformation
    • NC Research Campus at Kannapolis
    • NC Research Competitiveness Fund
    • Graduate Student Recruitment & Retention
2009 11 expansion budget operating4
2009-11 Expansion Budget – Operating
  • Our Children & Their Future: Improving Public Education
    • Programs focused on producing math & science teachers
  • Our Environment
    • Campus sustainability programs
    • Research related to sustainability
  • Efficient Use of Available Resources
    • Fiscal Integrity
  • Affiliated Entities
2009 11 budget capital
2009-11 Budget – Capital
  • Fire Safety Improvements
  • Funding for projects which have been approved for planning
  • Planning funds for other important priorities
  • Repair and Renovation funds
  • Land
results of working together
Results of Working Together

2006 Session (2006-07 Budget)

  • UNC began the session with $2.1 billion and ended legislative session with a budget of $2.3 billion
  • $140 million in capital support

2007 Session (2007-08 Budget)

  • UNC started continuation budget process at $2.4 billion; ended legislative session with budgetof $2.7 billion – $300 million increase
  • $1 billion in capital support

2008 Session (2008-09 Budget)

  • UNC received $159 million in increased appropriations
  • $623 million in capital support
2009 nc legislative process long session
2009 NC Legislative Process“Long Session”
  • Governor’s Budget Proposal – January 2009
    • General fund availability is determined
    • Two budgets may be submitted
  • General Assembly convenes – January 28, 2009
    • Senate Budget – May
    • House Budget – June
    • Conference Process Results in Final Budget – June/July