Universities wanted to have zero reversions and unrestricted access to all appropriated funds. But not everyone sees the change as positive. Steve Keto, N.C. State Associate Vice Chancellor for Financial Affairs, is confident that, at least at N.C. State, much of the carry-forward will address capital needs. I think a healthy share does get put toward facilities. I'm guessing that if we didn't have flexibility that we'd be worse off.
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