WS/FCS Plan to Repay Vendor Debt
Winston-Salem/Forsyth County Schools (WS/FCS) has presented a plan to repay its vendor debt, totaling $7.7 million, over two years.
The district recently cleared its debt to the state through community donations and entered into a contract to erase its debt to a custodial services company.
- ESS, the company used for substitute services, is owed roughly $6 million.
- The district plans to make monthly payments to clear this amount by July 2027.
According to Interim Superintendent Catty Moore, this timeline is the worst-case scenario.
Author's summary: WS/FCS plans to repay $7.7 million vendor debt by 2027.