- (a) The executive of a political subdivision or a majority of the members of the fiscal body of a political subdivision may request technical assistance from the board in helping prevent the political subdivision from becoming a distressed political subdivision. The board, by using the fiscal and qualitative indicators developed under IC 20-19-7 or the fiscal health indicators developed under IC 5-14-3.8-8 , shall determine whether to provide assistance to the political subdivision.
(b) The board may do any of the following for a political subdivision that receives assistance under subsection (a):
- (1) Provide information and technical assistance with respect to the data management, accounting, or other aspects of the fiscal management of the political subdivision.
- (2) Assist the political subdivision in obtaining assistance from state agencies and other resources.
As added by P.L.84-2014, SEC.8. Amended by P.L.255-2017, SEC.16; P.L.213-2018(ss), SEC.13; P.L.184-2023, SEC.9; P.L.236-2023, SEC.38.