System waiting on state budget
By ERIC JOHNSON | March 19The next round of state budget talks is still months away, but university officials are already downplaying expectations for increased funding. With the national economy in the midst of a deepening slowdown, state fiscal analysts have provided cautious estimates for revenue growth. That, in turn, is driving concerns among state agencies about potential budget problems. "We certainly realize there are dark clouds on the economic horizon," said Rob Nelson, UNC-system vice president for finance. "We're going to have to work with the General Assembly. We always do that."