Sec. 15. (a) The executive of a political subdivision or a majority of the members of the fiscal body of a political subdivision may request technical assistance from the board in helping prevent the political subdivision from becoming a distressed political subdivision. The board, by using the fiscal and qualitative indicators developed under IC 20-19-7 or the fiscal health indicators developed under IC 5-14-3.8-8, shall determine whether to provide assistance to the political subdivision.
(b) The board may do any of the following for a political subdivision that receives assistance under subsection (a):
(1) Provide information and technical assistance with respect to the data management, accounting, or other aspects of the fiscal management of the political subdivision.
(2) Assist the political subdivision in obtaining assistance from state agencies and other resources.