From file cabinets priced by the drawer to anatomically correct mannequins (while supplies last), the variety can surprise you.

Ben Davidson, director of tax policy and analysis, outlines how the Inflation Reduction Act of 2022 may impact higher education in a feature for the National Association of College and University Business Officers (NACUBO).

The Transformation Award of Excellence is presented annually to a North Carolina state agency client that most significantly demonstrates innovation, growth, and/or creativity in their payment solutions.

All three major ratings agencies gave the University their highest rating, citing factors such as resiliency during the pandemic and budget management.

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.

As part of the new state budget, faculty and staff will soon receive one-time bonuses, with raises coming in 2022. The budget also funds important University initiatives and building repairs.

On Aug. 3, the University’s Travel and Payment Card Services team will formally launch the Concur Travel System, World Travel, Inc., as well as the Travel & Expense Card Program. Rebecca Spanos, Travel and Payment Card Services manager, talks about this campuswide endeavor.

The University’s efforts to rein in its structural deficit, mitigate shortfalls resulting from the COVID-19 pandemic and centralize budgeting helped bolster the rating.

University administrators answered the call to address the structural budget shortfall by aligning resources more closely with the academic mission of the University.

The University’s revenue sources vary, but nearly all have restrictions, while the University’s largest expense goes to salaries and benefits for its employees.