Updates from the UNC Board of Governors

Dear UNCSA Community,

I am writing to share with you my report from the Oct. 19, 2023, meeting of the UNC Board of Governors. Due to the much shorter agenda for this month, the meetings were streamlined into just one day and convened remotely via Zoom videoconference.

As I have mentioned previously, the purpose of these messages is to highlight some of the important UNC System initiatives and decisions coming out of each meeting of the UNC Board of Governors, giving quick access to topics that may be of particular interest to the UNCSA community. All materials from each meeting are published on the web, and all committee and full board meetings are livestreamed on PBS North Carolina. The full board meetings are also archived for later viewing.

Sincerely,

Brian Cole
Chancellor

Educational Planning, Policies and Programs Committee

Oct. 19, 2023 – full agenda and materials

Acting Senior Vice President for Academic Affairs David English presented a policy revision to the UNC Policy Manual regarding the Distinguished Professors Endowment Trust Fund (DPETF). The policy revision is in response to recent statutory changes made by the General Assembly which mandate that, going forward, matching state funds in the DPETF be designated only for programs in STEM (Science, Technology, Engineering and Mathematics) fields. Unfortunately, this means that any new endowed professorships from the arts, humanities or any other fields outside of STEM will not be eligible for matching state funds, including any currently in the proposal queue that had not yet been authorized for matching funds. Past distinguished professorships that received matching state funds will not be affected. The policy revision was approved by the committee and forwarded for final approval through the consent agenda in the November meeting.

Budget and Finance Committee

Oct. 19, 2023 – full agenda and materials; additional materials

Following the recently approved state budget, Senior Vice President for Finance & Administration and Chief Financial Officer Jennifer Haygood presented the proposal for operational budget allocations to UNC System institutions. UNCSA’s funding model comprises two components: enrollment and performance. Our enrollment funding, which is recurring, was reduced by $118,925 due to lower enrollment at our institution. This funding reduction was offset by increased appropriations for performance change in the amount of $483,710. The performance change funding is nonrecurring and is based on our performance according to metrics related to student success, productivity and affordability. The result is a nonrecurring Performance-Weighted Enrollment Change Funding amount for 2023-24 of $364,785 (Pages 10-11).
Vice President for Finance and Capital Planning Katherine Lynn presented the proposed allocation of funds to campuses for repair and renovations (R&R) for FY2024. During this fiscal year, UNCSA will again receive $2 million for maintenance R&R needs, which represents 4% of the available System funds in that category.

Special Meeting of the Board of Governors

Oct. 19, 2023 – full agenda and meeting materials

The consent agenda was passed.

Past BOG Updates

Oct. 20, 2023