University of Alaska Board of Regents Unanimously Votes to Terminate Declaration of Financial Exigency
August 20, 2019
August 20, 2019
FAIRBANKS, Alaska, Aug. 20 -- The University of Alaska issued the following news release:
In a vote of 10-0, the Board of Regents terminated its July 22 declaration of financial exigency due to the change in the university's budget.
The declaration adopted by the board on July 22, 2019 was based on an operating budget reduction of $136 million in state funding, which would have had a material adverse effect on university (UA) operations and require cost reductions . . .
In a vote of 10-0, the Board of Regents terminated its July 22 declaration of financial exigency due to the change in the university's budget.
The declaration adopted by the board on July 22, 2019 was based on an operating budget reduction of $136 million in state funding, which would have had a material adverse effect on university (UA) operations and require cost reductions . . .