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Audit update, refunds and fundraising: board adopts budget resolution after hearing auditor and finance briefings

Winston-Salem/Forsyth County Schools Board of Education · October 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Auditors briefed the board on outstanding items in the fiscal 2024'025 audit and interim Superintendent Katie Moore described recent payments and private fundraising; the board unanimously adopted the 2025'026 budget resolution and salary schedules.

At the Oct. 28 meeting, external auditor Forvis Mazars and interim district leaders briefed the board on the status of the 2024'025 financial-audit work and the district's budget position. The board then adopted the district's final 2025'026 budget resolution and salary schedules.

Audit update: Tyler Beatty, audit partner with Forvis Mazars, said the firm completed interim testing and was working through final field procedures for the year ended June 30, 2025. He listed open items auditors were still awaiting, including OMB compliance-supplement guidance, an actuary report for dental OPEB, and liaison with a separate internal-control engagement. In draft figures presented to the board, the district showed a combined governmental fund deficit of roughly $30.9 million in…

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