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Interim Superintendent Catty Moore shared the debt reduction news with the Forsyth County Board of Commissioners at a meeting this week.
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A compounding pharmacy plans to redevelop the long-vacant former courthouse building into a mixed-use facility containing office space, retail, and a pharmacy.
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The money will go toward purchasing a 0.26-acre lot next to the future Ashley school site, construction services and architect fees.
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The adopted resolution calls for the state and federal governments to halt the project if environmental concerns aren't fully addressed.
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Commissioners did say they were willing to establish a payment plan for the school district to meet its more than $5 million in unpaid obligations to the county for school resource officers, nurses, fuel and lease payments.
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The Winston-Salem/Forsyth County Board of Education opted not to ask the county for more money to cover the $13 million in cuts the district needs to make to avoid a deficit. But at the budget hearing, teachers took matters into their own hands.
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County Manager Shontell Robinson says federal funding is critical to many departments, including social services and environmental protection. The public health department has already been impacted, losing access to nearly $1 million set aside for COVID relief.
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Last year, the board voted to experiment with a new schedule that allowed for an evening meeting once a quarter. The first one of those was held late last week, and the public came out in droves to push for more of them.
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Forsyth County Commissioners discuss critical decisions about funding for everything from the school system to emergency services during budget workshops. But the meetings aren't broadcast to the public.
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The Forsyth County Board of Commissioners has approved its list of priorities for the next three to five years. One of them is developing a sustainable funding formula for Winston-Salem/Forsyth County Schools.