TERRE HAUTE — Ivy Tech Community College officials now say it will be December or later before a final decision is made regarding leased sites around the state that could be closed.
College president Tom Snyder addressed the topic and related issues during a meeting of the State Budget Committee Friday at Terre Haute.
No specifics were provided as to which sites might be closed. A “return on investment” analysis is under way at all 43 leased learning sites; the college has a total of 76 educational locations in Indiana.
Earlier this summer, Ivy Tech officials stated that mounting budget woes and a $78 million shortfall could prompt the closing of some of the college’s leased learning sites. Initial reports indicated that up to 20 leased sites could be closed.
Jeff Terp, Ivy Tech senior vice president, now says the estimated 20 sites was “speculation made in the media.”
A final decision ultimately would be made by the state board of trustees, based on the recommendation of the president and discussion with external stakeholders, Terp said after the meeting.
Ivy Tech will look at data from the 43 sites, and once it has that in hand, “We’ll have discussions with our board, policy makers and local government,” Terp said. “It will be a collaborative process before any decision is made.”
If a decision is made to close a site or sites, “It will most likely be at the December meeting” of Ivy Tech trustees, Terp said. But it could come after December.
According to information provided to the State Budget Committee, Ivy Tech leases 1.4 million square feet of space, or 23 percent of its total space; the cost of the leased space is about $5 million per year.
All 43 leased learning sites are under review, Snyder said Friday. State-funded sites will not be closed, nor will Ivy Tech Foundation leases be ended, he said.