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Board accepts revenue and expenditure report; internal school funds audit finds no findings

Murfreesboro City School Board · December 10, 2025
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Summary

The board accepted the revenue and expenditure report and heard an internal schools funds audit with no findings; internal accounts showed club and field‑trip fundraising and the board discussed impact fees and capital outlay.

Murfreesboro City Schools presented its revenue and expenditure report and an internal schools funds audit during the Dec. 9 meeting; the audit returned no findings.

Finance staff (Matlock Clements) summarized internal school account activity and noted districtwide student field trip fundraising exceeding $100,000 and club revenues such as Scales Choir ($6,700), Bradley Drama ($13,000) and the Discovery Chess Club ($11,000). The audit results were described as having "no findings." Finance staff asked whether the board wanted the audit approved or provided as an informational item; the board proceeded to vote on the revenue and expenditure report and approved it by voice vote.

Board members asked about impact fees collected from new housing and how those funds are set aside; staff said impact fees are held in a special revenue account and can fund projects such as a special‑education bus in the coming year. The expenditure report indicated a continuing gap between expenses and income that district staff said they are monitoring; capital outlay and project rollover were discussed as part of ongoing CIP work.

The board approved the revenue and expenditure report by voice vote; staff will continue monitoring expenditures and report updates as the budget process advances.