Functional Responsibility of Budgeting
The University Budget Office provides basic information and guidance to all departments/schools and offices of the University concerning the establishment, revision, reporting, administration, and control of budgets as directed by the Chancellor, Board of Governors, State Budget Director, and North Carolina General Statutes.
The University Budget Office also coordinates the preparation of the biennial budget request and administers those budgets when approved.
The budgetary administration of state and trust funds are administered under state budget policy. The nature of each fund type determines whether formal budgetary controls are required. Ultimate responsibility for accountability, administration and control of all budgets has been delegated by the Chancellor to the Vice Chancellor for Administration and Finance.