Sec. 5. (a) The commission shall biennially 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.

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Terms Used In Indiana Code 21-18-16-5

  • outcomes based funding formula: refers to the higher educational operating funding outcomes based formula created by the commission under section 2(a) and 2(b) of this chapter. See Indiana Code 21-18-16-1
     (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. Amended by P.L.201-2023, SEC.228.