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Rutherford County School Board adopts FY budget and approves multiple fund amendments including $5.56 million summer-camp grant
Summary
The board approved the FY revenue and expenditure budgets for core operating, cafeteria and capital funds and accepted a $5,556,938 state summer camp grant to be added to Fund 141, among other fund amendments.
The Rutherford County School Board on Thursday approved the district’s fiscal-year budgets for major funds and enacted several fund-balance amendments, including recognizing a $5,556,938 summer camp grant the district received from the state.
The action fulfilled a statutory requirement to adopt a budget for Fund 141, the district’s general-purpose fund. The board approved Fund 141 with revenue of $573,385,825 and expenditures of $581,343,045 as presented in the board materials. Members also approved the centralized…
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