Madison Local board approves deficit-reduction plan after state flags multi-year shortfalls
The Madison Local Board of Education approved a written deficit-reduction plan after the Ohio Department of Education and Workforce found projected deficits in three forecast years; the state gave a Dec. 21 deadline to submit a board-approved plan to avoid fiscal oversight.
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Madison — The Madison Local Board of Education unanimously approved a written deficit-reduction plan on Nov. 18 after state fiscal consultants told the board the district’s October financial forecast projects deficits in the current year and the first two forecast years.
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