Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Forsyth County commissioners consider using county debt as incentive for private fundraising to reduce $5.03M school arrears
Summary
County leaders discussed a proposal to forgive dollar‑for‑dollar portions of the $5,026,337 the Winston‑Salem Forsyth County Schools owes the county if private donors retire matching amounts. Commissioners were split; county manager warned the fiscal impact to FY25 already occurred and staff will prepare a draft resolution for the Oct. 9 meeting.
Forsyth County commissioners discussed options on Oct. 6 after learning Winston‑Salem Forsyth County Schools owed the county $5,026,337 related primarily to school resource officers, school nurses and small lease items.
Chair members reported a privately organized fundraising effort is planning a meeting for Oct. 22 to explore raising money to retire school debt. The county chair proposed an incentive structure: forgive county debt dollar‑for‑dollar for amounts raised privately (for example, if private donors raised $3,400,000 the county would…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
