UNC works to balance its budget with cuts to operating and personnel fundsBy Preston Fore | Feb. 19, 2021
UNC has announced its plans to achieve a balanced budget and resolve a deficit by the end of June 2022.
- To achieve that, Chancellor Kevin Guskiewicz said that the University will cut operation funds by 7.5 percent and personnel funds by 1.5 percent in both this fiscal year and the next.
- The implementation of these cuts is expected to begin in late February or early March, Guskiewicz said. But the details of what exactly will be cut is still unknown to the public.