NOTICE OF MEETING AND AGENDA  
WASHOE COUNTY, NEVADA OPEB TRUST FUND  
July 23, 2026  
10:00 a.m.  
Members  
Cathy Hill, Chair  
This meeting will be held remotely only  
via Zoom or teleconference.  
Christine Vuletich, Vice Chair  
Crystal Sublet  
Lori Cooke  
Tammi Davis  
Trenton Ross, Legal Counsel  
Michael Large, Legal Counsel  
Meeting ID: 917 9182 5010  
Telephone Conference Number: (305) 224-1968  
Telephone Conference ID: 917 9182 5010  
Public Participation  
This meeting is being conducted via Zoom or teleconference only. To participate via Zoom, please log into the  
Zoom webinar at the link at the top of the agenda, or you can join by typing zoom.us into your computer browser,  
clicking “Join a Meeting” on the ZOOM website, and entering Meeting ID: 917 9182 5010. This option will require a  
computer with audio and video capabilities. Alternatively, you can join by telephone only by dialing  
1-305-224-1968, entering the Meeting ID: 917 9182 5010 and pressing #.  
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Public Comment  
Public comments are welcomed during the public comment periods for all matters, whether listed on the agenda  
or not, and are limited to two minutes per person. Additionally, public comment of two minutes per person will be  
heard during individually numbered items designated as “for possible action” on the agenda. Persons are invited  
to submit comments in writing on the agenda items and/or attend and make comment on that item at the  
Trustees’ meeting. Persons may not allocate unused time to other speakers.  
Members of the public may submit comment by either attending the meeting in person, attending the meeting via  
teleconference, attending by telephone, or submitting comment in writing. To provide public comment via Zoom,  
log into the Zoom Meeting at the above link and utilize the “Raise Hand” feature during any public comment  
period. To provide public comment via telephone only, press *9 and *6 to mute or unmute your telephone. To  
submit comments in writing email Victoria Stebbins at the Comptroller’s Office email listed below. The County will  
make reasonable efforts to send all email comments received by 4:00 p.m. on July 21, 2026, to the Trustees prior  
to the meeting.  
Forum Restrictions and Orderly Conduct of Business  
The Washoe County OPEB Trust Board of Trustees conducts the business of the OPEB Trust Fund during its  
meetings. The presiding officer may order the removal of any person whose statement or other conduct disrupts  
the orderly, efficient or safe conduct of the meeting. Warnings against disruptive comments or behavior may or  
may not be given prior to removal. The viewpoint of a speaker will not be restricted, but reasonable restrictions  
may be imposed upon the time, place and manner of speech. Irrelevant and unduly repetitious statements and  
personal attacks which antagonize or incite others are examples of speech that may be reasonably limited.  
Responses to Public Comments  
The Board of Trustees can deliberate or take action only if a matter has been listed on an agenda properly posted  
prior to the meeting. During the public comment period, speakers may address matters listed or not listed on the  
published agenda. The Open Meeting Law does not expressly prohibit responses to public comments by the Board.  
However, responses from Trustees to unlisted public comment topics could become deliberation on a matter  
without notice to the public. To ensure the public has notice of all matters the Board of Trustees will consider,  
Trustees may choose not to respond to public comments, except to correct factual inaccuracies, ask for staff action  
or to ask that a matter be listed on a future agenda. The Board may do this either during the public comment item  
or during the following item: “Trustees’/Staff announcements, requests for information, topics for future agendas  
and statements relating to items not on the agenda.”  
Posting of Agenda  
Pursuant to NRS 241.020(4)(b), the Agenda for the Washoe County OPEB Trust Board of Trustees Meeting has  
been posted at the following locations: Washoe County Administration Building (1001 E. 9th Street, Bldg. A; the  
Washoe County website (listed below); and the Nevada Public Notice Website (listed below).  
www.washoecounty.gov/comptroller/board_committees/OPEB  
How to Get Copies of the Agenda and Supporting Materials  
Copies of this Agenda and supporting materials for the items on the agenda provided to the Washoe County OPEB  
Trust Board of Trustees are available to members of the public by contacting Victoria Stebbins at the Comptroller’s  
Office (1001 E. 9th Street, Bldg. D, 2nd Floor, Room 200, Reno, Nevada), phone 775-328-2553, or email listed  
below and are also posted on the County’s website listed below.  
www.washoecounty.gov/comptroller/board_committees/OPEB  
Special Accommodations  
Persons with disabilities who require special assistance (e.g. sign language, interpreters or assisted listening  
devices to participate in the meeting should please contact Victoria Stebbins at the Comptroller’s Office by  
contacting the email listed below or by leaving a message at 775-328-2553 in advance at least 48 hours before the  
meeting so that arrangements can be made.  
Possible Changes to the Agenda and Timing  
Items on the agenda may be taken out of order, combined with other items; removed from the agenda; moved to  
the agenda of another meeting; or may be voted on in a block. NRS 241.020(2)(D)(6) AND (7).  
1.  
2.  
Roll Call  
Public Comment. Comments heard under this item will be limited to two minutes per person and may  
pertain to matters both on and off the Board of Trustees’ agenda. The Board will also hear public comment  
during individual action items, with comment limited to two minutes per person. Comments are to be  
made to the Board as a whole.  
3.  
4.  
Approval of minutes from January 22, 2026 meeting. [FOR POSSIBLE ACTION]  
Attachments:  
Presentation and Discussion from the State of Nevada on the asset allocation and investments for the  
Retirement Benefits Investment Fund (RBIF) [FOR PRESENTATION AND DISCUSSION ONLY]  
Attachments:  
5.  
6.  
Review and possible approval of year-to-date administrative expenditures and requested  
reimbursements to employers through March 31, 2026, in the amount of $5,707,319. [FOR POSSIBLE  
ACTION]  
Attachments:  
Acknowledge receipt of interim financial statements for the period ending March 31, 2026. [FOR  
POSSIBLE ACTION]  
Attachments:  
7.  
8.  
Review and discussion of projected fiscal year-end cash flow and planned transfers to/from the  
Nevada Retirement Benefits Investment Fund based on activity through March 31, 2026.  
[NON-ACTION ITEM]  
Attachments:  
Review and possible approval of year-to-date administrative expenditures and requested  
reimbursements to employers through June 30, 2026 in the amount of $7,447,281. [FOR POSSIBLE  
ACTION]  
Attachments:  
9.  
Acknowledge receipt of interim financial statements for the period ending June 30, 2026. [FOR  
POSSIBLE ACTION]  
Attachments:  
10.  
11.  
Review and discussion of projected fiscal year-end cash flow and planned transfers to/from the  
Nevada Retirement Benefits Investment Fund as of June 30, 2026. [DISCUSSION ONLY]  
Attachments:  
Review and possible approval of proposed OPEB Trust Fund Budget for the fiscal year ending June 30,  
2027, reflecting estimated revenues of approximately $31,950,000 and estimated expenditures of  
approximately $43,171,000. [FOR POSSIBLE ACTION]  
Attachments:  
12.  
13.  
Review and possible approval of proposed Cash Flow Projections and Planned Transfers to/from the  
Nevada Retirement Benefits Investment Fund for the fiscal year ending June 30, 2027. [FOR POSSIBLE  
ACTION]  
Attachments:  
Discussion of anticipated agreement with Eide Bailly, LLC for audit services for the fiscal year ended  
June 30, 2026. [FOR POSSIBLE ACTION]  
Attachments:  
14.  
Public Comment. Comments heard under this item will be limited to two minutes per person and may  
pertain to matters both on and off the Board of Trustees’ agenda. Comments are to be made to the Board  
as a whole.  
15.  
Trustees’/Staff announcements, requests for information, and topics for future agendas. The  
remaining  
meeting date for calendar year 2026 is October 22 (fourth Thursday of first month of each calendar  
quarter). The meeting will begin at 10:00 am. [NON-ACTION ITEM]  
16.  
Adjourn.