H259 - 2023 Appropriations Act. (SL 2023-134)

Overview: Section 8.2 of S.L. 2023-134 requires the Board of Governors of The University of North Carolina to study and report by April 1, 2024, to the Joint Legislative Education Oversight Committee and the Fiscal Research Division on the building reserve model. At a minimum, the report must include the following information:

• For all buildings, disaggregated by constituent institution and fund source:
  • Expenditures related to operation and maintenance costs for the 2022-2023 fiscal year.
  • The number of full-time equivalent positions for building operation and maintenance used in the 2022-2023 fiscal year.
  • Recurring expenditures generated by the current building reserve model.
  • The number of full-time positions generated by the current building reserve model.
• An analysis of the above including:
  • Any instances where the current building reserve model aligns or misaligns with full-time equivalent positions and actual expenditures of the constituent institution.
  • Any substantial differences among constituent institutions in actual operating and maintenance expenditures compared to projected expenditures under the building reserve model.
  • Recommendations to improve the process of providing operation and maintenance funds for buildings.

This section became effective July 1, 2023.