Sec. 5. The expenses of the board of trustees of Ivy Tech Community College and of the statewide programs operated by it for:

(1) construction of facilities;

(2) procurement of equipment; and

(3) operating expenses;

shall be financed by appropriations from the general assembly and federal funds, together with the fees and charges, contractual income, gifts, grants, and bequests as may become available.

[Pre-2007 Higher Education Recodification Citation: 20-12-61-14.]

As added by P.L.2-2007, SEC.268.