Home University of Alaska leaders postpone decision on ‘financial exigency’
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University of Alaska leaders postpone decision on ‘financial exigency’

The university's board of regents delayed the decision to declare exigency — a bankruptcy-like state that allows quick staff cuts — for two weeks in hopes lawmakers will find a way to restore some funding.

By Yereth Rosen, Reuters July 16, 2019
2088

ANCHORAGE — Leaders of the University of Alaska, facing a 41 percent cut in state funding by the governor, on Monday postponed a decision to declare the academic equivalent of bankruptcy reorganization until the end of the month.

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