[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6243008,"mediaKeyId","3243328-ab3d7570dda6d7a4631224c6bbf7f987","parentId",3243328,"title","School board approves year-end budget amendments to align grants and return committed funds","audioSeconds",288,"startMs",1444000,"endMs",1732000,"viewUrl","/Search/View?dp=1&key=3243328-ab3d7570dda6d7a4631224c6bbf7f987&start=1444&end=1732","thumbnailUrl","https://assets.pipeline.soar.com/3243328-ab3d7570dda6d7a4631224c6bbf7f987/thumbnail_1444000.jpg","articleUrl","/articles/6243008/Tennessee/School-board-approves-year-end-budget-amendments-to-align-grants-and-return-committed-funds","mediaUrl","https://secure.pipeline.soar.com/6243008-e70c4cdbe6b6c6e8222b60a800362577/orig.mp4?Expires=1775906010&Signature=Zb-ReYXxQg-qfexgzeStPDDYOjgGgZuPoy4Ibi6tvuR7BCSbSy8gvkiuPsP9gT84LtLDxjgfe8mitQHnOj1fEmpKUnUn29EsSI0Bd0-nh-ngZ4kEeApnWlqrFeSPtjLuRGVSH4kR5HOJhUWtlUn8HjV565J3lm35wBKA669DQ2dFSZ5zpwLLBD4RuW8A~rKf2mMT1iBlP7TNHyKAPs6FHu~J3pLWNqrPL-j53fgaLEkt55tE4olwg6PMvBmL8Bmm1iiYk5NACngyiaWgRqHnuvqEVxjP8UTG1aHCrbWCKkczRHDw~HZ6hJT6TIzW8oRoUcDK1ZPKyVlVmVlB9uxYRg__&Key-Pair-Id=KUT5TJCACFTXG","author","Madison County Schools","date","2025-05-08T00:00:00Z","article","The Madison County School Board approved multiple year-end budget amendments to align grant records and close out fiscal accounts, district staff told trustees during the meeting.

Board member Jason Compton told the board the amendments, which correct accounting codes and reconcile the district's ePlan and Munis systems, will not draw on the uncommitted fund balance. \"None of them are drawing on fund balance,\" Compton said while outlining the items.

The board approved an amendment tied to the School Improvement Grant (call center 6190) totaling $823,820.62, with a credit of $801,420 returned to a committed fund balance for reallocation in FY26, according to Compton. Other amendments included small alignment transfers for state Pre-K and SIG 2 grants, and a public school security grant for $607,194.87 that corrected the revenue code.

A large amendment listed in the discussion was described as an ISM grant closeout producing a credit of $11,427,227.35 to committed fund balance. Additional noted amendments included a line-item transfer in physical services for $4,600, Transportation adjustments of $140,007.43, a Carl Perkins alignment of $1,000, the Resilient Schools Community grant closeout for $13.10, a TAG alignment for $7,749, and an IDAB closeout for $764,434.35.

Compton said the total dollars referenced in several amendments would return to committed cost centers rather than to the district's uncommitted fund balance and that those funds could be available for the same grants or programs in FY26. The board voted to approve the listed amendments and send them to the county for closeout.

The motion to approve the year-end amendments passed by voice vote. No board member recorded a roll-call tally in the meeting transcript.","mediaType","Video","parentTitle","JMCSS School Board Meeting 2025-05-08","oneSentenceSummary","Madison County School Board approved several year-end budget amendments to reconcile the district's records (ePlan and Munis), correct revenue codes, and return committed grant balances to their originating cost centers; none of the amendments drew on the uncommitted fund balance, the board was told.","taxTitle","Madison County, School Districts, Tennessee","taxId",67309,"location","Tennessee","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":44,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6243013,"Madison County School Board approves FY26 budget addendum, cuts about $8 million in capital outlay",368,1076000,"/Search/View?dp=1&key=3243328-ab3d7570dda6d7a4631224c6bbf7f987&start=1076&end=1444","https://assets.pipeline.soar.com/3243328-ab3d7570dda6d7a4631224c6bbf7f987/thumbnail_1076000.jpg","/articles/6243013/Tennessee/Madison-County-School-Board-approves-FY26-budget-addendum-cuts-about-8-million-in-capital-outlay","https://secure.pipeline.soar.com/6243013-598b715543b20a6658c66599e24dc874/orig.mp4?Expires=1775906010&Signature=ej4ISWOyWXTJ1Y-UaYRg19c2tb6JsKOgVen3htA5Mx3aWtzXm~MQlBnfxgKXNxPPE~uKUkt-LxyJ9tbryp4iMaAKisYBZgfegr-7haHor7~PkXtEl7qqHqFvFTrRxjnIS8fIeP1baR5ctMgn7goP0SEFJWcnudp3b-hzp1KyQnRHDyVf1th2Xd7ENgCVR4JrXArhoRMSZT4G1gJu59V-UnZPtR5Q7OInoecwhTwPkYHGZZ6wkYLi5-Go6TEwKoAJTySJT5DJWvBxv8knrMsofMsoaSzbgmSUOepPsyz7I7Nw5mxOcR8Hi94fvns-rpaevjD3K1uGmp27P-2tus6Uiw__&Key-Pair-Id=KUT5TJCACFTXG","The Madison County School Board approved a fiscal-year 2026 budget addendum at its meeting after trustees removed roughly $8 million in capital outlay items from the district's proposed spending, Board member Jason Compton said.

The change trims a $4 million placeholder the board had set aside in case federal ESSER funds are not received and cuts about $3 million in planned interior improvements at Omen Arena, Compton said. The revision reduces the district's projected draw on its fund balance to about $12 million, which Compton said will leave the district with just under $30 million in fund balance.

Why this matters: the cuts limit the immediate use of fund balance while preserving flexibility to restore projects later. Compton said that if the district receives expected revenues next year, items removed from this year's capital list can be placed back into the budget by future amendment.

Compton, a board member, explained the change while presenting the addendum and described last-minute corrections made after the county's finance office sent an erroneous spreadsheet. \"When you think you're done with the budget, you are, in fact, not done with the budget,\" Compton said, describing staff's work to reconcile the figures.

The cuts included school-level capital items listed as red-line deletions: flooring at Lane, Arlington and Rose Hill; intercom replacements; a concession stand and parking-lot repairs at Northside; work on the JCT stage; and gym lighting at Arlington and Alexander. Roof projects remained in the budget, Compton said. He identified the total reduction as about $8 million: the $4 million ESSER placeholder plus other capital items, with approximately $3 million tied specifically to Omen Arena work.

Board members also noted a related county action: the Madison County Commission Budget Committee approved adding $700,000 to the county's FY26 budget for the East Drive parking project. Compton said the board is including that county allocation in the district budget so the district can proceed with the project.

Board member Andre Dornell asked whether pre-K transportation was cut during the revisions; Dr. Watkins responded, \"It is not.\" That clarification was recorded during the vote discussion.

The board voted on a motion by Compton to approve the budget addendum and returned the amended budget to the county. The motion carried on a voice vote. The board and staff said the removed items can be reconsidered in future budget amendments when revenues are clearer.","The Madison County School Board approved a FY26 budget addendum that removes roughly $8 million in capital outlay — including a $4 million placeholder tied to federal ESSER funds and about $3 million for interior work at Omen Arena — reducing the district's projected draw on fund balance to roughly $12 million.","actionData","errors"]

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School board approves year-end budget amendments to align grants and return committed funds

Madison County School Board approves FY26 budget addendum, cuts about $8 million in capital outlay