The dust is settling following approval of the budget by both chambers of the General Assembly last week. It now awaits the governor’s signature to be formally enacted into law. Many referred to this budget as the 'teacher bill' since much of the debate and focus was on the K-12 teacher salary increase. One area of the budget that usually gets its fair share of debate went largely unnoticed — the University of North Carolina System.Just like Public Education and the Community College System, the UNC System receives a large portion of its budget from the state’s General Fund. Approximately 36 percent of the total UNC budget comes from state and local tax dollars.
Mar 13, 2019 - AN ACT TO PROVIDE A COST-OF-LIVING ADJUSTMENT FOR RETIREES. AND STATE EMPLOYEES' RETIREMENT SYSTEM, THE JUDICIAL. 2019 School of Government The University of North Carolina at Chapel Hill.
There are sixteen schools in the UNC System, some receiving more money than others based upon size, classes offered, hospitals or research facilities operated by the university, and other factors. Those schools receiving the most state money are UNC Chapel Hill and NC State while NC School of the Arts and Elizabeth City State University receive the least.It is interesting to point out that the UNC System is funded like so many other government program –through multiple streams of revenue. The UNC System receives money through student tuition; federal, state, and local taxes; and private grants and donations. In total, there are more than 23 streams of money that compose the total UNC budget every year.
California Cost Of Living Adjustment
In FY 2011-2012, the total cost of the UNC System was $7.8 billion. According an, 'As a percentage of its budget, North Carolina spends more than the national average on higher education. And in real dollar terms, North Carolina spends more of its general fund on higher education than any other state in the Southeast.' In a year when legislators needed to find extra cash to fill a budgetary hole in a growing Medicaid program and also give teachers a pay increase, the UNC System not only avoided cuts, but had their total General Fund appropriation increased by $29.5 million or 1.8 percent over last year. The total General Fund appropriation for the UNC System was $2.6 billion for fiscal year 2014-15. Legislators didn’t put anything aside for the savings reserve and shifted most of the repairs and renovations to two-thirds bonds in this budget; the UNC System should be thankful their budget wasn’t cut like so many other areas of state government.Here is a list of the major items in this year’s UNC budget:. $317,500 for Pilot Internships for 60 students at Historically Black Colleges and Universities (HBCUs) with NC-based companies — Elizabeth City State University plus three other HBCUs will be selected through a competitive application process and will participate.
We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.The John Locke Foundation is a 501(c)(3) research institute and is funded solely from voluntary contributions from individuals, corporations, and charitable foundations.