Business Affairs
2019 financial statement demonstrates strong financial position and internal controls
UNC Charlotte recently received its fiscal year 2019 audited financial report from the Office of the State Auditor. The report showed no findings and no material changes to the University’s exhibits. These results display the strength of UNC Charlotte’s financial position and its internal controls.
Year-end leave accrual rollover and timesheet approval
As a reminder, on Dec. 31 of each year, any employee with more than 240 hours of accumulated vacation leave will have the excess amount converted to sick leave so that only 240 hours are carried forward as vacation to Jan. 1 of the next calendar year.
Winter break parking deck renovations scheduled
During winter break, the flooring of campus parking decks will be replaced, which may cause minor disruptions, such as limited access to elevators and construction noise and debris. The approximate schedule of outages is below.
Scheduled campus disruptions through Dec. 31
The following projects are scheduled and may cause disruptions Monday, Dec. 16, through Tuesday, Dec. 31.
Board of Trustees approves a 3 percent tuition increase for 2020-21 academic year
On Wednesday, Dec. 11, the UNC Charlotte Board of Trustees recommended a 3 percent increase in the annual charges for tuition and fees for undergraduate and graduate students, effective for the 2020-21 academic year. It is the first tuition increase for UNC Charlotte in three years.Overall, the increase amounts to an additional $114 in tuition annually for undergraduate students, and a $130 increase annually for graduate students. The 3 percent increase aligns with the cap set by the UNC System Board of Governors.
University to implement Paid Parental Leave starting Jan. 1
Under Executive Order 95, Providing Paid Parental Leave to Eligible State Employees, the Office of State Human Resources has established a pilot program to allow state agencies and universities to offer Paid Parental Leave (PPL) to promote physical and mental health for employee families, increase worker retention and improve worker productivity and morale.The UNC Board of Governors approved the Paid Parental Leave program in September 2019 and directed institutions to implement no earlier than Jan. 1, 2020, and no later than April 30, 2020.
IRS changes 2020 W-4 withholding form
Due to federal tax law changes that occurred in 2018, the Internal Revenue Service (IRS) is releasing a new Form W-4, Employee’s Withholding Certificate, for 2020. This new form is vastly different from the current Form W-4 and will be available in Banner-Self Service after Jan. 1.
Temporary lane closure scheduled
The southbound lane of Robert D. Snyder Road will be closed between the PORTAL loading dock and CRI Deck entrance from Dec. 16-23; the closure will be coordinated daily to ensure the road is open for Charlotte Early Engineering College drop off and pick up times.Expect flaggers to direct traffic around the lane closure; remember to exercise caution when approaching construction zones.This is an update to a previous posting.
University welcomes new employees
UNC Charlotte welcomed the following new staff and faculty members during the Nov. 26 New Employee Orientation session:University Center for Academic ExcellenceLauren Blackshaw, assistant director for tutorial servicesData Science InitiativeKatherine Thomas, public communications specialistMail and Package ServicesDevin Brown, support services associateSBTDCJules Monroe, university program specialist
Faces – Nathaniel ‘Lee’ Snodgrass
UNC Charlotte encompasses more than 1,000 acres and 100-plus buildings, and that’s just the main campus. It takes a lot to keep it functioning well, not to mention beautiful, for the University’s students, employees and visitors. For eight years, Nathaniel “Lee” Snodgrass has made sure it all works together.