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To: University Business Managers
From: Bruce W. Carney, Executive Vice Chancellor and Provost
Karol Kain Gray, Vice Chancellor for Finance and Administration
Date: March 25, 2013

Governor Pat McCrory recently directed all State agencies to implement spending restrictions for the remainder of FY 2012-13. We have received clarification from the Office of State Budget and Management that the University System is included in this directive.

This link, https://finance.unc.edu/wp-content/uploads/sites/298/2015/12/12_13_spending_guidelines.pdf, will take you to the memo from the Chief Operating Officer of The University of North Carolina, Charles Perusse, which offers more information on the restrictions. This directive applies to General Fund appropriations for salary adjustments, travel and purchasing transactions, and will remain in effect until June 30, 2013.

More information will be provided as it becomes available. Thank you for your assistance with meeting these directives.

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