With a total budget for fiscal year 2024-25 of $4.2 billion, more than 30 campus units, and a total University enrollment of 32,438, the budget process at UNC-Chapel Hill is complex.
Following up on the Feb. 15 announcement regarding Steve Agostini’s departure, organizational changes are being implemented in Finance and Budget.
After closing a $300 million deficit, the University presents a FY24 plan that supports fiscal responsibility and strategic goals.
Nathan Knuffman, vice chancellor for finance and operations, is the man with the $4 billion budget plan, which he will present to the UNC System Board of Governors at its meeting on May 25.
With Carolina facing a projected $300 million budget shortfall, it’s never been more important to understand University finances.
