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Board approves March financial reports as treasurer warns of continued deficit spending
Summary
Treasurer presented March financials showing $390,169.79 in the general account and $19,000,541.24 in other investments (total $19,390,711.83); board approved the reports and an amended appropriations resolution to capture carryover grant funds while treasurer warned the district continues to deficit spend.
The Trotwood‑Madison Board of Education approved the district's March financial reports and a resolution to amend appropriations to reflect carryover grant funds, after the treasurer reviewed month-end balances and cautioned that the district is still deficit spending.
Treasurer Miss Adams told the board the P & C general account balance is $390,169.79 and other investment accounts total $19,000,541.24, for combined bank and investment balances of $19,390,711.83. She said some…
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