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Trotwood-Madison board hears five-year deficit forecast, administration says about 35 positions may be cut
Summary
Treasurer Geo Evans and Superintendent Howard told the board the district faces multi-year deficit spending, projecting a positive FY28 balance but a return to negative cash in FY29; administration said it may reduce roughly 35 positions and will notify affected staff by Feb. 28.
TROTWOOD, Ohio — The Trotwood-Madison City Board of Education on Feb. 19 heard a five-year financial forecast showing the district can meet obligations through fiscal 2028 but is projected to return to a negative cash balance in fiscal 2029 without additional reductions.
Geo Evans, the district treasurer, framed the projection as a management tool and pointed to recent state legislation and the FY26–27 budget as reasons for continuing uncertainty. Evans noted the district received a net increase in state aid from added enrollment but warned that a cut of $953,706 in supplemental targeted…
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