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October 2026: Our People in the Spotlight

Finance and Budget News

2026 budget word on white sticky note

Sep 30, 2026

State Budget and Budget Planning System Updates

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…
Laptop with Balance by EverTrue login on the screen

Sep 30, 2026

What Is the Value of My Endowment?

University partners often ask, “What is the value of my endowment and where can I look to see it?” Foundations Accounting and Investments (FAI) uses a reporting tool called Fundriver.  This tool provides information about endowments, including market values, gift agreements, spending budgets and other fund information. The endowment market values and investment activity are…
Direct Deposit Update

Sep 30, 2026

Direct Deposit and Bank Account Modification Deadlines

Did you know that University Payroll has implemented changes to protect you? University Payroll in the University Controller’s Office has updated system controls around direct deposit and bank account modifications. While cutoff deadlines remain unchanged, automated guardrails within the MyPack Portal enforce compliance, prevent payroll processing errors, and protect your earnings against phishing and fraud.…
The copper wolves at Wolf Plaza stand in front of spring blooms and newly planted greenery on a warm spring afternoon.

Sep 30, 2026

October 2026: Business Connections Updates

The University Controller’s Office hosts Business Connections Meetings each fiscal year from September to April (no December meeting due to the holidays). During these meetings, we share key financial updates and feature guest presentations on topics requested by the audience. Event dates and materials are posted on the University Controller’s Office website >  Business Connections…
NC State students at 2026 Convocation

Sep 30, 2026

GSSP Payroll Deduction Simplifies Student Fees

At NC State, the Graduate Student Support Plan (GSSP) provides essential benefits to eligible graduate students, including tuition coverage and health insurance. While mandatory student fees remain the responsibility of the student, the University Cashier’s Office (UCO) offers a payroll deduction option to ease the upfront financial impact by spreading fee payments evenly across the…
2026 October Calendar

Sep 30, 2026

October 2026: Reminders and Events

Announcements, Reminders and Tips Events and Deadlines Date Event 10/8/2026 Business Connections Meeting 10/8/2026 Public Surplus Sale 10/13/2026 Biweekly Payroll 20272R09  – Supervisor Lockout 10/15/2026 Monthly Payroll 20271R04 Campus Lockout 10/15/2026 Biweekly Payroll 20272R09 Timekeeper Lockout 10/20/2026 PCard Statement Due 10/21/2026 Last State Agency Transfer Processing for October Activity 10/22/2026 Last Day to Reconcile PCard…
Department Decision Process for Purchase of Goods

Sep 30, 2026

Procurement Fundamentals: When Do I Need to Seek Competition?

At NC State, all purchases over $5,000 require competitive bidding unless purchasing from an existing state or university contract or when ordering through the MarketPlace. Buying off-contract without obtaining competitive pricing applies only to low-dollar purchases under $5,000. Bidding Requirements by Threshold Learn More Review the university guidance and decision tools before placing your next…
A graduate student in agricultural engineering and an FFAR (Foundation for Food and Agriculture Research) Fellow works with robots to help automate the assessment of healthy plant leaves in the field.

Sep 30, 2026

Post-Award Financial…Service or Support?

In post-award research administration, central leaders often face a fundamental structural question: Are central financial teams delivering a support function or operating under a service model? While these terms are frequently used interchangeably across higher education, the distinction defines how central teams interact with principal investigators (PIs) and college research offices. Historically, post-award finance leaned…
Mr. and Ms. Wuf

Sep 30, 2026

Gearing Up for the 15th MarketPlace Expo

Procurement and Business Services invites NC State purchasers, department buyers, faculty and staff to the 15th Annual MarketPlace Expo on Wednesday, November 5, from 11:30 a.m. to 2:30 p.m. at the McKimmon Conference and Training Center. This annual event offers campus team members a direct opportunity to connect face to face with vendor representatives, explore…
Mr. and Ms. Wuf pose for the camera at a photo session on the basketball court at Carmichael gym.

Sep 30, 2026

October 2026: Our People in the Spotlight

Meet Brent Leidall, Capital Asset Accounting Manager The University Controller’s Office has promoted Brent Leidall to capital asset accounting manager, effective September 1, 2026. A seasoned member of the team, Leidall previously served as an asset management accountant, where he handled everything from inventory audits to depreciation tracking. His deep institutional familiarity makes him a…