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Impact of state budget now
known
University employees will see more money in their upcoming paychecks when salary increases for faculty and staff take effect as part of the state budget for the 2005-06 fiscal year completed earlier this month.
State employees will receive pay raises of 2 percent or $850, whichever is greater. Workers were also granted 40 hours of bonus leave time. The salary increases are retroactive to July 1. It is anticipated that SPA employees will receive their pay increases in September. No date has been determined for EPA employees to receive their increases.
While the budget provides money to fully fund enrollment for all 16 University of North Carolina system schools, it also outlines a 1.7 percent reduction in operating costs across the system. The budget allocates $72.7 million to fully fund enrollment across the UNC system, of which $5.2 million is designated for NC State. The 1.7 percent reduction translates into a cut of $7.6 million from the university’s base budget.
The budget also allocates funds for operating costs at two new training facilities being built at NC State – the Biomanufacturing Training and Education Center (BTEC) and the William and Ida Friday Institute for Educational Innovation. The budget provides the $2.9 million in recurring funds that university officials were seeking for BTEC and $1.9 million for the Friday Institute.
“NC State had a good budget year, securing funding for a number of important projects that will provide opportunities for our faculty, students and staff,” said Chancellor James L. Oblinger. “We are particularly pleased to have received funding for new, cutting-edge programs like the Biomanufacturing Training and Education Center and the Friday Institute for Educational Innovation as well as a significant investment in the planning for Engineering Complex III on Centennial Campus. However, I continue to be concerned about the impact of the overall budget cuts on our university and the need for more meaningful pay raises for all our employees.”
Budget writers also allocated $3.7 million in continuing funds to support salary increases for agriculture program employees involved with cooperative extension and agriculture research. Funds will be used to address salary inequities among existing personnel within the research and extension arena, which will allow the university to provide salaries similar to peer institutions.
Posted Aug. 26, 2005
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