The UNC Board of Governors Budget and Finance Committee reviewed the multi-million dollar hit to UNC-Chapel Hill and N.C. Central University programs Thursday as part of its system-wide budget reduction overview. The committee convened Thursday at N.C. State University’s Hunt Library. Andrea Poole, UNC assistant vice president for finance, walked board members through the implementation report of fiscal 2013-14 budget reductions, which was submitted by Nov. 1 and is still under review by the Office of State Budget and Management. UNC-Chapel Hill’s allocated reductions totaled $21 million, and NCCU was allocated about $3.8 million in cuts. Across the UNC system, which comprises 17 institutions, the 2013-14 state budget required $65.8 million in management flexibility cuts, $15.8 million in instructional efficiencies cuts, and $10 million in operational and administrative efficiencies cuts. The Board of Governors also approved a $3 million reduction to be distributed among the 17 schools. http://www.heraldsun.com/news/x1866988499/UNC-system-finance-committee-reviews-budget-reductions
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