Legislation enacted last year to increase budget flexibility for UNC System schools may be diverting funds from capital needs to UNC operating budgets just as UNC officials say they face a building crisis.
Members of the State Board of Community Colleges met today to begin developing a proposal for financing capital needs at the state’s community college campuses. The North Carolina Community College System (NCCCS) announced last Friday that they would partner with UNC to create a funding package that would address both systems’ capital needs.
An estimated 12.5 cents out of every $1 increase in tuition goes to pay for compliance with federal regulations.
