University of Alaska President Jim Johnsen makes a presentation to the university’s Board of Regents at the UAS Recreation Center on Sept. 15, 2016. A declaration of financial exigency that would have allowed University of Alaska to make drastic cuts was rescinded Tuesday. (Michael Penn | Juneau Empire File)

University of Alaska President Jim Johnsen makes a presentation to the university’s Board of Regents at the UAS Recreation Center on Sept. 15, 2016. A declaration of financial exigency that would have allowed University of Alaska to make drastic cuts was rescinded Tuesday. (Michael Penn | Juneau Empire File)

University of Alaska rescinds emergency financial declaration

Regents note financial picture still isn’t rosy

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