MLSD Expenditure Reduction for School Year 2022-2023
Madison Local Schools is facing a forecasted budget shortfall of $1.77 Million for the Fiscal Year 2026. The Board has cut the budget for Fiscal Year 2023 by $600,000 to prepare for this anticipated deficit.
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The number of classified and certified staff will be reduced by six positions as a result of attrition and reduction in force.
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Increasing the Pay-to-Participate fee to $200.00 per student per activity without a maximum cap to help offset expenses in extracurriculars.
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Multiple extracurricular contracts have been eliminated.
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Discontinuing field trips paid through the General Fund.
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Budget reductions in all buildings.
These reductions will enable the District to operate without asking voters to approve additional tax dollars before the current Levy cycle expires.
Below is a link to the official release:
