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.]
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