UNC-Chapel Hill is preparing to make major budget cuts to balance a longstanding deficit that now amounts to an estimated $100 million. Chancellor Kevin Guskiewicz spoke to the finance committee of the university's Board of Trustees Thursday, explaining that some of the university's budget issues are not new. "Part of the challenge here is that we have been working for many years off of, I think, a broken model. We didn't really have a budget model," Guskiewicz said.
https://www.wunc.org/post/why-unc-chapel-hill-tightening-its-budget-during-pandemic
