Budget Closeout

Office of State Budget and Management’s (OSBM) review of budget reports will be focused on key elements and accomplished at a summary account or budget code level. Agencies and universities are accountable for ensuring compliance with OSBM’s closeout guidance at the detailed account level. 

Please review the State Agencies Closeout Guidance memo for FY 2024-25 or the University Closeout Guidance memo. You can find detailed instructions and resources in our Closeout/Carryforward Job Aids . Refer to the Timeline for key dates in these processes.

Training

Watch a video training for UNC on Carryforward and Closeout held May 2, 2025.
Please see the slides from the UNC Closeout and Carryforward training.