Budget cuts, tax cuts expected in upcoming state budget - University Gazette

UNC President Tom Ross told attendees at the Employee Forum spring meeting that the next two years would bring $200 million in cuts to the UNC system if the state Senate’s proposed budget remained unchanged. Ross spoke during the May 21 meeting to give a brief overview of the proposed budget, which was expected to pass the Senate with few changes and continue on to the N.C. House of Representatives. Projected cuts to the system in the Senate’s proposal for 2013-14 total nearly $75 million, with $110 million in cuts for 2014-15. The Senate’s version is kinder to the UNC system than the budget proposed by Gov. Pat McCrory, said Ross. “Overall, the senate’s budget is better, but a $75 million cut is very difficult,” he said. http://gazette.unc.edu/2013/05/24/budget-cuts-tax-cuts-expected-in-upcoming-state-budget/