9/16/2020 Act of Jul. 1, 2020,P.L. 558, No. 50 Cl. 24 - PUBLIC SCHOOL CODE OF 1949 - OMNIBUS AMENDMENTS https://www.legis.state.pa.us/cfdocs/legis/li/uconsCheck.cfm?yr=2020&sessInd=0&act=50 2/11 (3) Cheyney State College; (4) Clarion State College; (5) East Stroudsburg State College; (6) Edinboro State College; (7) Indiana University of Pennsylvania; (8) Kutztown State College; (9) Lock Haven State College; (10) Mansfield State College; (11) Millersville State College; (12) Shippensburg State College; (13) Slippery Rock State College; and (14) West Chester State College. (a.1) The board shall develop policies and procedures by which the board may create, expand, consolidate, transfer or affiliate an institution, except for an institution with a Fall 2019 headcount enrollment greater than 10,000 students. This subsection shall not be construed to include the power to close an institution. (a.2) Before the creation, expansion, consolidation, transfer or affiliation of an institution, the board shall direct the chancellor, in consultation with the board, to conduct a review of the financial stability of any impacted institution utilizing student support metrics, student success metrics and other financial metrics and develop a report and recommendations. The report and recommendations shall include, but not be limited to, an analysis of the following: (1) Enrollment trends. (2) Projections of revenues and expenditures for the current year and the next five (5) years, both assuming the continuation of present operations and as impacted by any recommendation for the board to exercise the board's powers under subsection (a.1). (3) Assets, liabilities and institutional reserves. (4) Actions undertaken to improve the financial stability of the institution and the financial impact of those actions. (5) Additional actions that could be taken to improve the financial stability of the institution, the projected financial impact of those actions and whether those actions would alleviate the need for the board to exercise the board's powers under subsection (a.1). (6) The financial impact on the institution and the system if no action is taken by the board to exercise the board's powers under subsection (a.1). (7) The financial impact on the surrounding community of the institution if action is taken by the board to exercise the board's powers under subsection (a.1). (8) Impacts on affiliated entities and any donor restrictions on the use of non-State-appropriated funds. (a.3) Upon the board's receipt of the report and recommendation, the chancellor shall develop a proposed implementation plan. The proposed implementation plan shall include the following information: (1) Description of the proposal to exercise powers under subsection (a.1). (2) Rationale, goals and objectives of the proposal to exercise powers under subsection (a.1). (3) Method for evaluating achievement of goals and objectives. (4) Relation of the proposal to the mission and strategic plan of the institution and system as a whole. (5) Impacts on academic programs, nonacademic units and accreditation. (6) Impacts on students, faculty and staff. (7) Impacts on the community. (8) Impacts on shared governance. (9) Before and after organizational charts for all impacted institutions.