Indiana § 21-22-6-15 - Campus strategic plan; submission; campus budget summary and budget narrative

§ 21-22-6-15. Campus strategic plan; submission; campus budget summary and budget narrative

Sec. 15. (a) Each campus shall prepare a campus strategic plan that connects with Ivy Tech Community College's strategic plan and includes the following:

(1) The campus vision and mission.

(2) Measurable goals, including:

(A) overall student enrollment;

(B) enrollment in programs aligned to high wage, high demand occupations within the campus service area as identified in the campus strategic plan;

(C) student persistence, meaning a student's continued enrollment and progress toward a degree or credential;

(D) completion of a high value credential or an associate degree, or transfer to a four (4) year institution;

(E) placement into:

(i) work based learning; or

(ii) apprenticeships;

(F) job placement and graduate wages, as measured by the regional good jobs definition approved by the campus board under clause (H);

(G) building utilization; and

(H) a regional good jobs definition approved by the campus board that includes consideration of:

(i) wages adjusted for regional cost of living;

(ii) access to employer provided benefits, including health insurance and retirement;

(iii) opportunities for career advancement; and

(iv) positions providing significant public benefit, including early childhood education, health care, and public safety.

(3) Specific strategies to achieve the goals identified in subdivision (2), including:

(A) a general description of the actions the campus will take to achieve each measurable goal;

(B) a target date for implementation; and

(C) a list of identified resources required for execution.

(4) A process for annual review and adjustment of the strategic plan based on performance data and changing regional conditions.

(b) The campus shall submit the strategic plan described in subsection (a) to the campus board and state board of trustees for approval.

(c) After a strategic plan has been approved under subsection (b), the campus shall provide the campus board with a campus budget summary and budget narrative that:

(1) demonstrates alignment between resource allocation and the priorities, goals, and strategies identified in the strategic plan;

(2) identifies categories of major expenditures;

(3) explains significant changes from the prior budget year; and

(4) describes how budget decisions support the achievement of measurable goals.

As added by P.L.100-2026, SEC.8.