Western Nevada College

The agenda includes a presentation regarding the 90-credit bachelor's degree and student travel requirements, college stakeholder updates, and a financial report from the Treasurer. The board will consider a budget approval for branded merchandise and receive updates on student government events, committee activities, and college council business, including proposed policy revisions and course fee adjustments. Additionally, the meeting will cover club reports and administrative updates from the President and Faculty Advisor.

The 2015-2016 College Catalog for Western Nevada College outlines the institution's comprehensive educational offerings and strategic direction. It details a diverse curriculum, multiple degree and certificate programs, small class sizes, and personalized counseling, accessible across its campuses and through distance education. The college's mission focuses on inspiring community success by cultivating creativity, intellectual growth, and technological excellence in a nurturing environment. Key themes emphasize ensuring student success, striving for institutional excellence in academic and support programs, and serving its diverse communities by promoting access to higher education and community enrichment.

The Academic Program Guide for Western Nevada College provides comprehensive information for the 2024-2025 academic year. It details course requirements for various degrees and certificates across more than 15 career pathways, including associate degrees for university transfer, career-focused degrees, and certifications. The guide also highlights flexible learning options and outlines student learning outcomes. It aims to prepare students for successful employment, career advancement, and seamless transfer to four-year institutions.

The meeting commenced with welcome remarks and the announcement of a Board Member's resignation. Key discussions included the presentation and unanimous approval of the FY25 audit, which noted no significant issues and discussed upcoming GASB standards. The Finance Report indicated a strong financial position, with Q1 scholarship disbursements exceeding $200,000 and the investment portfolio reaching approximately $10 million. Updates on the State of the College highlighted several facility projects, including the Reynolds Building renovation, the Fallon HRSA Nursing Grant construction start, and planning stages for the Douglas HRSA Nursing Expansion, Café Renovation, and Observatory Renovation. The College's nursing program remains top-ranked, supported by recent grants for AI training and CDL program shade structures. Fundraising outcomes were reviewed, showing significant revenue increases for both the Reach for the Stars Gala and Golf for Education events. The Board also expressed condolences for a departed supporter and discussed establishing a nursing scholarship in their honor. The Continuing Education report detailed substantial growth in FY25 enrollments and program revenue. Finally, progress on the FY25-27 Strategic Plan was presented, confirming FY25 scholarship support results exceeded targets, with goals set for future growth in scholarship support, financial sustainability, and investment portfolio growth.

The Finance Committee meeting involved several key agenda items. The financial statement review for the first quarter of FY26 highlighted that the WNCF Investment portfolio reached approximately $9.8 million and total assets reached $11,906,836, attributing growth to fundraising events and noting the completion of the FY25 audit with a clean opinion. The investment review indicated the portfolio was up 17.33% year-to-date, with a continued conservative positioning. Recommendations for consolidating or reallocating inactive and low-balance funds, such as the Art Fallon Fund and various Fallon funds, were approved. An overview of the updated strategic plan was presented, prioritizing scholarship support and revenue growth. Updates were provided on construction projects, including the Reynolds Building renovation and progress on the Fallon and Douglas Nursing Expansion Projects. Fundraising results for the Reach for the Stars Gala and Golf for Education tournament were reviewed.