The University of Alaska’ Board of Regents voted unanimously Aug. 20 to end a declaration of financial extingency for the university that was voted by the board on July 30. The move was taken one day after Gov. Mike Dunleavy signed a revised state budget that restored all but $25 million of a $130 million cut the governor made the UA budget in a June 28 veto action.

The declaration of financial extingency gave University of Alaska president Jim Johnsen emergency powers to terminate tenured faculty and take other steps to sharply cut costs. With the easing of the immediate budget pressure those drastic steps are not needed, several of the regents said in the meeting. There was concern voiced about the effects of the declaration on student enrollment and retention of faculty.

Johnsen said he is still proceeding with several administrative actions including a hiring and travel freeze and layoffs of administrative staff and non-retention of adjunct faculty.

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