The president of the system shall implement the policies of the board of trustees and be responsible for the operation of the system. The powers and duties of the president of the system include:

1. Leadership. To develop policies, goals and objectives with respect to the operation of the colleges, to be reviewed and, when necessary, approved by the board of trustees. The president of the system shall meet regularly with the administrative council to develop these policies and goals;

2. Maine Community College System Office staff appointment. Under procedures and standards developed by the board of trustees, to appoint the staff of the Maine Technical Community College System Office, including professional and nonprofessional personnel and including, but not limited to, private legal counsel and financial experts;

3. Nomination of presidents. To nominate the presidents for appointment by the board of trustees;

4. Staff oversight. To oversee the staff of the Maine Technical Community College System Office and the presidents of the colleges;

5. Personnel evaluation. Under policies and standards developed by the board of trustees, to evaluate the performance of the Maine Technical Community College System Office staff and of the presidents of the colleges and to make personnel recommendations to the board of trustees;

6. Perkins allocations. As the representative of the board of trustees, to meet and confer with representatives of the State Board of Education regarding the distribution or allocation of federal money for vocational education in the State under the United States Carl D. Perkins Vocational Education Act, Public Law 98-524, or its successor, and report the results to the board of trustees;

7. Budget preparation. To assist the board of trustees in the preparation of the biennial operating budget for the system, as provided in section 12706, subsection 4;

8. Accounting system and procedures. To provide for an accounting system and procedures that reflect and identify all appropriations, allocations, income and revenues and all