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Trotwood-Madison board hears fiscal alert and describes staff reductions; treasurer reports $1.28M deficit
Summary
The Trotwood-Madison City School District presented financial statements showing an adjusted cash balance of $22.15 million and a current-year deficit of about $1.28 million; the superintendent outlined recent reductions in force and supports for affected staff.
The Trotwood-Madison City School District board received an update on the district’s finances and recent staff reductions at its March 5, 2026 work session.
Treasurer Miss Adams told the board that the district’s total bank and investment cash balance was $22,500,289.16 and that the adjusted balance — after subtracting outstanding vendor checks — was $22,147,647.45. “We are currently deficit spending this school year, right…
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