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