Monday, September 2, 2019
With cuts reduced, U of Alaska opts out of financial exigency - Hallie Busta, Education Dive
The University of Alaska System’s board of regents voted unanimously on Tuesday to end financial exigency, Alaska Public Media reported. The board initially declared the position in response to Alaska Gov. Mike Dunleavy’s move to cut 41% of the state’s support for the system in a single year. Financial exigency would have made it easier for the system to lay off faculty and cut programs. The governor has since reduced the cuts significantly, which U of Alaska President Jim Johnsen said was a motivating factor in his recommendation that the board end financial exigency.