Winston-Salem Forsyth County schools discuss state audit and new financial transparency dashboard

On Friday, in an update to the community, Winston-Salem/Forsyth County Schools officials revealed that leaders met with the State Auditor’s Office this week.The district said that in that meeting, leaders discussed the current status of the state auditor’s office’s ongoing investigative audit.State Auditor’s Office ReportIn a letter sent to the State Board of Education and the North Carolina Department of Public Instruction — dated for June 19, the district said the auditor’s office is using data they’ve given them to create a report that will include conclusions and recommendations related to the district’s practices, procedures and oversight.Get the latest news stories of interest by clicking here Financial DashboardThe district also said it’s working with the auditor’s office to create a publicly viewable dashboard. This would be a pilot project, using WS/FCS data, with the potential to evolve into a statewide model for transparency.Retiring Superintendent Tricia McManus first hinted at this during last month’s school board meeting. IRS Issues- In that update, school leaders also gave more information on the district’s ongoing payment issues with the Internal Revenue Service.At a news conference this month, interim Superintendent Catty Moore said the district was working through a payment issue with the IRS.School leaders said they’ve now requested all IRS documents and statements to help them resolve discrepancies in their federal withholding payments.Interim Superintendent Moore said this issue could raise the total deficit for this year, which at last check sat at $42 million.We have reached out to the district and the state auditor’s office to ask what kind of information the public would be able to see on the dashboard.What’s next for the district’s finances In the update, officials said interim Superintendent Moore will have an update on the district’s finances at a Board of Education meeting on Tuesday. Keep up with the latest news and weather by downloading the WXII app here.NAVIGATE: Home | Weather | Watch NOWCAST TV | Local News | National | News We Love |

On Friday, in an update to the community, Winston-Salem/Forsyth County Schools officials revealed that leaders met with the State Auditor’s Office this week.

The district said that in that meeting, leaders discussed the current status of the state auditor’s office’s ongoing investigative audit.

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State Auditor’s Office Report

In a letter sent to the State Board of Education and the North Carolina Department of Public Instruction — dated for June 19, the district said the auditor’s office is using data they’ve given them to create a report that will include conclusions and recommendations related to the district’s practices, procedures and oversight.

Get the latest news stories of interest by clicking here

Financial Dashboard

The district also said it’s working with the auditor’s office to create a publicly viewable dashboard. This would be a pilot project, using WS/FCS data, with the potential to evolve into a statewide model for transparency.

Retiring Superintendent Tricia McManus first hinted at this during last month’s school board meeting.

IRS Issues-

In that update, school leaders also gave more information on the district’s ongoing payment issues with the Internal Revenue Service.

At a news conference this month, interim Superintendent Catty Moore said the district was working through a payment issue with the IRS.

School leaders said they’ve now requested all IRS documents and statements to help them resolve discrepancies in their federal withholding payments.

Interim Superintendent Moore said this issue could raise the total deficit for this year, which at last check sat at $42 million.

We have reached out to the district and the state auditor’s office to ask what kind of information the public would be able to see on the dashboard.

What’s next for the district’s finances

In the update, officials said interim Superintendent Moore will have an update on the district’s finances at a Board of Education meeting on Tuesday.

Keep up with the latest news and weather by downloading the WXII app here.

    NAVIGATE: Home | Weather | Watch NOWCAST TV | Local News | National | News We Love |


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