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Policies and Procedures - Financial Planning & Budgets

Policy 3 - Budgeting - State Budget Policy

State Budget Policy

The State Executive Budget Act (Chapter 143C of the General Statutes of North Carolina) constitutes the legal basis for the budget system in North Carolina. The Office of Budget and Management issues directives to UNCG through the UNC Office of the President. These directives serve as a basis for the preparation and submission of budgets as may be required by the General Assembly.

The Board of Governors of The University of North Carolina System is required by G.S. 116-11 (9) to present a single unified request for funds for the continuing operation of each institution of the University System. The statute specifies that appropriations in response to the Continuation Budget requests be made directly to individual units of the University System.

The Change Budget requests and Capital Improvement requests are submitted by the Board of Governors without regard to the individual campus affected. After legislative approval is obtained, the Board of Governors allocates to UNCG those portions of Change Budgets and Capital Improvements Budgets which they determine are necessary for the programs and activities at UNCG.

The Chancellor is responsible for the preparation of the budget estimates for the institution and the assignment of institution priorities. The internal procedure for assuring the involvement of the faculty and staff in the preparation of the institutional budget process is determined by the Chancellor. The Office of Business Affairs serves in a staff capacity throughout the budget cycles.

The Office of the President description of the state budget process.

Please note: some items require the Adobe Acrobat PDF Reader, which can be downloaded from the Adobe web site.

 

Page updated: 15-Aug-2007

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Financial Services
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243 Mossman Building
Greensboro, NC 27402-6170
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