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County staff brief board on using privately raised funds to pay WS/FC Schools' debt to ESS Southeast LLC
Summary
County staff described a resolution authorizing privately raised funds to pay Winston‑Salem Forsyth County Schools' debt to ESS Southeast LLC under a conditional forgiveness plan; staff said pledges total about $5.6M but not all funds are deposited and the board of education will brief debt‑repayment plans at the Nov. 20 meeting.
County staff described a resolution authorizing the use of privately raised funds to pay off Winston‑Salem Forsyth County Schools' debt to ESS Southeast LLC pursuant to a conditional forgiveness resolution adopted Oct. 9, 2025. The board of education submitted a letter asking that ESS Southeast be named as the next entity to be paid following the North Carolina…
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