News

Audit Urges Change in UNC Repairs

RALEIGH — The state’s Repair and Renovation Reserve Fund for university buildings generally is working well, but it could use some fine-tuning, according to a performance review released last week by the State Auditor’s Office. North Carolina owns $12 billion worth of buildings and sets aside a percentage of the General Fund each year to pay for repairs and renovations. Auditors said the level, consistency and timing of allocations from the Repair and Renovation Reserve for universities are not reviewed on a regular basis and property values set by state offices may not be correct. They recommended a five-year review cycle.

Richard Wagner
News

North Carolina’s State of Disrepair

RALEIGH — Because the state’s Repairs and Renovation Reserve has been drastically underfunded for at least three years, universities and other state institutions are patching their buildings with operating funds — or in some instances, are closing buildings. In Raleigh, even the State Capitol building proved no match for neglect. Plaster in its dome, soaked by rainwater that leaked inside, cracked and fell into interior walkways. Critics of North Carolina’s political leadership say the problem stems from a misplacement of priorities rather than from a lack of money.

Paul Chesser

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