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Central cafeteria fund running deliberate deficit as USDA reimbursements fall, staff say
Summary
District staff outlined a plan to spend down Fund 143 (centralized cafeteria) even as USDA reimbursements fall. The cafeteria fund is projected to show a $6.6 million planned deficit intended to reduce an unusually large fund balance while continuing program operations.
Rutherford County Schools staff told the board the centralized cafeteria fund (Fund 143) has no tax base and operates “like a restaurant,” and that the district plans to run a planned deficit to spend down excess fund balance while maintaining meal service.
“Fund 1 43 is our centralized cafeteria fund. This fund does not have a tax base connected to it. It is truly runs like a restaurant would,” Dr. Sullivan said, adding…
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