Truckee Meadows Community College

The board approved new officers for the 2026-2027 term and received an update from the college president regarding financial status, potential building acquisition, and upcoming executive searches. The meeting included committee reports on board development and strategic master planning, where new language for Goal IV was adopted. Additionally, the board reviewed the gift report and financial statements, received updates on the accredited architecture degree program, reviewed grant management and funding, and discussed development and scholarship initiatives.

The Board of Directors discussed the approval of a new member and reviewed the fiscal year 2025 audited financial statements, which received an unmodified clean opinion. The President provided updates on increased enrollment, student retention, a feasibility report for a new aviation program, space needs at the Edison campus, and workforce coordination efforts. The Board approved changing the office name to Foundation and Sponsored Programs and reviewed marketing updates regarding a new branding slogan. Additionally, the Board heard reports on new health center developments, strategic master plan goals, investment strategies, gift and financial performance, corporate partnerships, grant-funded workforce development projects, and scholarship endowment growth.

The meeting included updates on the William N. Pennington Applied Technology Center, highlighting its growth and new programs. The President provided updates on the approval for building a theater, concerns about executive orders affecting the TRIO program, and lobbying efforts for a new facility. The board discussed advisor options for TMCC's stock account and approved transferring funds to Gabelli. The gift report and financials were reviewed, noting increases in unrestricted cash and overall assets. Committee updates were given on investment, board development, and strategic master plan. Scholarship updates included endowment growth and the launch of a new scholarship application platform. Grant updates covered various grants received and applied for. Development updates highlighted the groundbreaking event for the new theater and faculty/staff innovation grants. The board reviewed strategic plan objectives and received an executive director update on a feasibility study for a new aviation program.

The meeting included updates from the President, Veterinary Nursing, and Executive Director. The board reviewed and approved the FY 2025 budget, gift report, and financials. Discussions covered strategic plan objectives, staffing changes, aviation program development, and scholarship updates. The potential for apprenticeship programs with NV Energy was also discussed.

The meeting included updates from the President on TMCC's Spirit Week and enrollment increases, as well as the Funding Formula Study Committee's recommendations. Updates were provided on institutional research, marketing, web services, committee reports, gift report, financials, executive director updates, development, grants, and scholarships. The board also reviewed strategic plan objectives and discussed board feedback and upcoming meeting dates. The Foundation audit presented to the board was an unmodified clean audit with no findings and no internal control concerns.