The University of Regina council decided it will not hold a vote on whether it has confidence in the school's president Friday.
Council members held a special meeting to discuss how they think Vianne Timmons has been running the school.
They voted, and ultimately decided not to proceed with a non-confidence vote against Timmons.
But that doesn't mean there was strong support for Timmons - 135 people voted against a non-confidence motion, while 134 wanted one.
Timmons said this was a sad day for her, and she's promising to be more transparent in the future.
"What we'll do is we'll lay out a plan based on all of the concerns we've heard today and present that plan publicly within a month," said Timmons.
This year the university has been dealing with a series of controversies over mismanaged funds involving millions of dollars.
The latest controversy came this week when the CBC's iTeam helped reveal the university had paid $380,000 in bogus overtime to a couple of employees.