The state board of trustees may do the following:
- (1) Divide Indiana into appropriate regions, taking into consideration, but not limited to, factors such as population, potential enrollment, tax bases, and driving distances, and develop an overall state plan that provides for the orderly development of the regions encompassing, ultimately, all parts of Indiana into a coordinated system providing a comprehensive program of post-high school general, liberal arts, occupational, and technical education.
- (2) Whenever a region is established, issue a charter, in a form that the state board of trustees provides, to the region, assist and supervise the development of a regional plan, and coordinate regional programs to avoid unnecessary and wasteful duplication.
- (3) Make biennial studies of the budget requirements of the regions and of its own programs and prepare a budget, including anticipated revenues and providing for the construction or rental of facilities requisite to carrying out the needs of Ivy Tech Community College.
(4) Perform or contract for the performance of periodic audits of the financial records of each region.
[Pre-2007 Higher Education Recodification Citation: 20-12-61-9 part.]
As added by P.L.2-2007, SEC.263. Amended by P.L.169-2007, SEC.17.