A much-anticipated investigation from the Office of the State Auditor released Thursday revealed years of financial mismanagement at Winston-Salem/Forsyth County Schools but no evidence of fraud.
The comprehensive, three-months long study into school district finances showed a number of problems dating to 2017. They include a failure to address issues raised in years of annual audits; not adjusting staffing to align with declining enrollment; and a pattern of spending beyond its means, particularly once federal COVID-relief dollars dried up in 2024.
Years of sloppy financial management have led the school district to where it is now, Interim Superintendent Catty Moore said at a press conference Thursday.
"The financial challenges that we have did not happen overnight," she said. "This h