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School board reallocates $2.46 million in Fund 189 to purchase properties adjacent to McFadden School of Excellence

Rutherford County Board of Education · January 8, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Rutherford County Board of Education unanimously approved using Fund 189 (previously tied to Church Street property) to acquire five properties adjacent to McFadden School of Excellence and cover future renovations; the available balance was confirmed at $2,458,962.44.

The Rutherford County Board of Education voted to reassign $2,458,962.44 from Fund 189 to purchase properties adjacent to McFadden School of Excellence and to fund future renovations. Board members approved the allocation after a brief presentation that described the change as a substitution for a previously approved request to use Fund 141 fund balance.

Board member Speaker 4 told the board the funding is currently assigned to the Church Street property…

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