Sec. 5. (a) The commission shall biannually measure and make findings on the progress of each state educational institution in meeting the goals of the commission's long range plan for postsecondary education under IC 21-18-8 as those goals pertain to the outcomes based funding formula.
(b) The executive officer of the commission, or the executive officer's designee, shall present the findings made for each state educational institution to commission members at a meeting of the commission.
(c) Following the presentation to the commission, the executive officer, or the executive officer's designee, shall present the findings with regard to each state educational institution to the budget committee at the budget hearings held under IC 4-12-1-8 and at the same time as the committee's summary of legislative requests and the commission's recommendations are presented under IC 21-18-9-1(3).
As added by P.L.66-2022, SEC.4.
Structure Indiana Code
Article 18. Commission for Higher Education
Chapter 16. Outcomes Based Funding Formula
21-18-16-1. "Outcomes Based Funding Formula"
21-18-16-2. Duty to Create Formula; Align With Long Range Plan for Postsecondary Education
21-18-16-3. Funding Formula Subject to Review by Budget Committee; Funding Formula Report
21-18-16-4. Duty to Present Funding Results for Each State Educational Institution at Budget Hearing
21-18-16-6. Audit of Data Submitted by Educational Institutions