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Winston‑Salem/Forsyth Board approves fiscal transfers, seeks $8.5M from county and extends Hill Consultants; keeps Article 46 supplement at $300

Winston‑Salem/Forsyth County Schools Board of Education · July 9, 2025
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Summary

The Winston‑Salem/Forsyth County Schools Board voted unanimously in a special meeting to approve a set of fiscal and contracting actions: an internal year‑end transfer (Transfer No. 16), a request to Forsyth County commissioners to reallocate up to $8.5 million in county funds to the district, renewal of a contract with Hill Consultants, and maintaining the Article 46 teacher supplement at $300.

The Winston‑Salem/Forsyth County Schools Board of Education on a special‑called meeting approved a package of fiscal and contracting actions intended to stabilize year‑end finances and support upcoming operational transitions. The board voted to approve budget transfer No. 16, voted to ask the Forsyth County commissioners to reallocate $3.8 million of undesignated capital plus up to $4.7 million in a one‑time payment (a total request of about $8.5 million), and authorized a new contract with Hill Consultants to continue financial and audit support. The board also approved keeping the Article 46 teacher supplement at $300 per month.

The decisions followed public comment and staff briefings that framed the requests as largely accounting cleanups and short‑term measures to prevent additional state interest charges and to fund existing obligations. Interim Superintendent Caddy Moore told the board county staff had identified roughly $6.6 million in county‑held capital funds, subtracting already‑encumbered projects left about $3.8 million that were undesignated; county staff also indicated the county could consider a separate one‑time payment of up to $4.7 million. Moore recommended the board ask the county to reallocate $8.5 million to help cover outstanding vendor obligations and to reduce state overpayments that otherwise would accrue 1% monthly interest.

Board members asked how the requested funds would affect…

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