The Office of State Budget and Management (OSBM) officially certified NC State’s FY 2026-27 General Fund Budget on September 8, authorizing just over $91 million in additional state funding for the current fiscal year. With certification complete, the University of North Carolina (UNC) System Office finalized allocations to NC State and transferred the appropriated funds to the university, completing a key milestone in our annual budget execution process.

FY 2026-27 State Budget Update

These new funds address critical operational priorities across campus. Allocations include:

• $21 million in recurring funding for enrollment changes
• $14 million in non-recurring funding for enrollment changes
• $21.5 million dedicated to legislative salary increases
• $8.2 million for retirement and health benefit rate adjustments
• $7.9 million for one-time bonuses
• $5.3 million for Woodson Hall and the Apiculture building reserves (Building Maintenance and Operations)

These appropriations should be reflected in the Financial System this month.

Budget Planning System Update

As announced last month, Ascend Partners has completed the OneStream Phase 1 Enhancement Roadmap. The roadmap outlines key system updates for the upcoming Budget Planning Cycle launching in November, alongside long-term enhancements planned for future phases. University partners will play a vital role in designing, configuring and testing these improvements. Stay tuned for further details and opportunities to get involved.