Friday, August 30, 2013

Another year of budget cuts piles up for UNC system - Sarah Brown, The Daily Tar Heel

Long before the N.C. General Assembly finalized a new state budget last month, higher education leaders knew two more years of tight finances would be on the horizon. The UNC system has seen nearly half a billion dollars erased from its state funding since 2011, including about $65 million in fresh cuts in the 2013-14 budget. Charlie Perusse, the UNC system’s chief operating officer, said chancellors were warned months ago to prepare for a cut of 3 to 5 percent — but the implications of a fifth-straight year of budget cuts remain to be seen. http://www.dailytarheel.com/article/2013/08/budget-0819