Carolina’s Money: Where We Get It; How We Spend It
The University’s revenue sources vary, but nearly all have restrictions, while the University’s largest expense goes to salaries and benefits for its employees.
The University’s revenue sources vary, but nearly all have restrictions, while the University’s largest expense goes to salaries and benefits for its employees.
More than 200 employees from Finance and the Service Center of Excellence attended the virtual Five Star Employee Recognition Awards on Feb. 19, 2021.
We have received reports of fraudulent purchase orders being placed that appear to be connected to UNC-Chapel Hill.
Due to COVID-19-related delays in mail and processing, the Cashier’s office has extended the Spring 2021 bill due date to Tuesday, Jan. 26 to allow time for mailed payments to be received and processed.
A list of adjusted deadlines due to University Holidays and optional workdays are listed along with a memo from HR about the optional work days.
The Fall 2020 deadline to drop classes and reduce tuition charges has been extended from 8/21/2020 to 8/28/2020. In addition, the percentage of tuition and fees refunded when a student withdraws from the University has been increased based on a new timeline. Please see Important Dates for Fall 2020 for details.
Effective immediately, the moving expense reimbursement process will be changed to a relocation compensation payment and will be a one-time stipend amount as agreed to in the employee’s offer letter. This will replace the need for the department or individual to submit receipts for reimbursement.
The attached document, COVID-19 and TIM, July 6, provides information about the changes effective July 1 and actions required in the previous pay period.
Since this is a unique and unprecedented year, these dates will be accelerated compared to previous years to preserve our cash flow needs. It is imperative that all appropriate invoices are submitted in a timely manner and only crucial future purchases and expenditures are incurred.