U. of Alaska regents vote to declare financial exigency

July 24, 2019 | Alaska Public Media

University of Alaska regents have adopted a declaration of financial exigency, enabling immediate budget cuts, including expedited faculty layoffs. Regents approved the declaration at a meeting in Anchorage today in response to an over 40 percent reduction in state funding.

Board chair John Davies called it a sad day, and one that comes despite overwhelming public support for the university, as demonstrated during statewide public hearings last week, during which he says 86 percent of those who testified, spoke in support of reversing university cuts, and other state funding vetoed by Governor Dunleavy.

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