As the University of North Carolina at Chapel Hill approaches a potential budget deficit of $300 million, university officials say that additional staff furloughs may be needed. | Facebook
As the University of North Carolina at Chapel Hill approaches a potential budget deficit of $300 million, university officials say that additional staff furloughs may be needed. | Facebook
Facing a deficit that may approach $300 million, the University of North Carolina at Chapel Hill is considering the possibility of employee furloughs.
Such a deficit would account for an estimated 8% of all university revenues, Nate Knuffman, interim vice chancellor for finance, told a recent faculty council meeting over Zoom, WXII 12 reported on Sept. 12 via the Associated Press. The university has already implemented some furloughs in departments, including athletics, that are considered “auxiliary.”
Knuffman also said that the university has looked for other ways to cut down on costs, including delaying some capital improvement projects, WXII 12 reported.
Provost Robert Blouin, who also addressed the faculty meeting, said that there are currently fewer than 1,500 students residing on the campus, which is in line with the university’s goals for lessening the likelihood of an outbreak of COVID-19.
“About 450 of those students are associated with our married housing and graduate student housing populations,” Blouin said in the video posted to YouTube on Sept. 11. “And the balance represent[s] our undergraduate students who have demonstrated a real need to be on campus.”