The funding agreement between the Madison County Commission and school board has been terminated.
The original 2013 agreement gave the school board money to build a new high school in Monrovia.
The board chose to break that contract because it wants to make improvements to current schools instead of building a new one.
The board has received $2.5 million through the funding agreement's capital improvement fund since 2013. That money can only be used to build new schools and improve bridges.
Today's commission vote to end the funding agreement means the school board will put the $2.5 million it has already received back into the capital improvement fund to possibly be used at a later date.
Madison County Schools Superintendent Matt Massey said in a statement he's grateful to the commission and commissioners' efforts to move the school system forward.
"Today’s action, by the commission, is a positive step in providing for the needs of our 19,000 students," Massey said in the statement. "This decision was difficult and came with much thought and consideration. I appreciate the effort and time each commissioner has invested in this process."