WINSTON-SALEM, N.C. — WFMY News 2 has provided extensive coverage of the Winston-Salem/Forsyth County Schools’ budget crisis, documenting how a mounting deficit, leadership changes, and sweeping layoffs have shaken the district throughout 2025. What began as an $8 million shortfall escalated into a $46 million gap, prompting state scrutiny, student protests, and urgent calls for accountability. The timeline below outlines the key moments in the district’s ongoing financial turmoil.
April 8, 2025 – CFO Thomas Kranz announced his resignation effective June 20 amid an $8M current-year deficit and $16M projected shortfall.
April 9, 2025 – Superintendent Tricia McManus admitted $13M from the fund balance was used for bonuses and raises without board approval, covering teachers, pre-K st