UNC Funds May Be Cut By $25M
Apr. 20, 2001After several months of speculation about the state's financial woes, the fears of many University administrators might soon be realized.Legislature's Joint Appropriations Subcommittee on Education formally requested earlier this week that UNC-system officials present a plan to the committee to cut 7 percent from its recurring budget -- a total of about $125 million.UNC's share of the cuts would total close to $25 million.In a Board of Governors meeting last week, UNC-system President Molly Broad hinted the University might have to contend with serious budget reductions, but Broad sai
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