Budget Legislative Update Charles D Leffler Vice Chancellor

Budget & Legislative Update Charles D. Leffler Vice Chancellor for Finance and Administration Staff Senate August 5, 2015

Operating Budget Comparison 2015 -2017 Source: UNC General Administration, June 25, 2015.

Budget Comparison 2015 -16 Capital Improvements BOG Budget Priorities Allocation from Repairs and Renovations Reserve 263, 522, 128 House - 1/3 of $200 M to UNC; Senate - 50% of $300 M to UNC Governor Capital Projects Engineering Building - Oval Plant Sciences Building - Advanced Planning Senate 66, 667 150, 000 993, 226, 676 479, 722, 816 253, 581, 681 - 77, 000, 000 - - - 5, 000 - Targeted Capital Renewal Projects House 251, 314, 507 24, 616, 373 5, 800, 000 4, 000 Thermal Utilities and Infrastructure Upgrades 6, 980, 000 - - - Bureau of Mines Building Renovation 6, 000 - - - Ricks Hall Renovation 8, 500, 000 - - - Source: UNC General Administration, June 25, 2015.

Engineering Building Oval • Split Funding: $77 M state/ $77 M non-state • 226, 750 GSF • More than 100 classrooms and state-of-the-art laboratories to further our research excellence in diverse areas of great societal impact Source: Facilities Division, April 2015.

Plant Sciences Initiative (PSI) • Split Funding: $53. 4 M state/ $53. 4 M non-state/$53. 4 M private • 199, 000 GSF • Faculty labs and offices • 19, 000 sq. ft. rooftop greenhouse • Plant processing laboratory • Seminar/classroom space • Leasable corporate lab suites Source: Facilities Division, April 2015.

Other Budget Provisions • Tax Refunds for Non-Tax Entities • Sales Tax Change • Annual Bonus Leave • Information Technology • Energy Center Funding • NC Guaranteed Admissions Program

Questions