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The district has been shaken by recent school violence and a months-long financial crisis. Phipps says his focus is on rebuilding confidence and helping the community heal.
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Phipps has worked in education for more than two decades, most recently serving as the superintendent of Caldwell County Schools.
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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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The district's efforts, along with the support of county commissioners and private donors, have reduced the debt to about $13 million as of this week. WFDD’s Education Reporter Amy Diaz spoke with News Director Eddie Garcia about where the district goes from here.
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Several Winston-Salem/Forsyth County Schools teachers and staff members raised concerns about the ongoing impact of position reductions, especially in the Exceptional Children department.
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After making final payments to the state and entering into a debt-erasing contract with a custodial services company last week, the district's remaining amount owed to vendors is $7.7 million.
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Between local donations, an agreement with county commissioners and a new custodial services contract, the district has knocked more than $11 million off its debt.
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The donation comes shortly after Forsyth County commissioners approved a conditional debt forgiveness plan for the district tied to how much money the school system can raise in private donations.
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State Superintendent Mo Green spoke at Knollwood Baptist Church Tuesday night about the headwinds facing the state and school system, and the path forward.
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Don Phipps, the current superintendent of Caldwell County Schools, will assume the role Dec. 1 and serve for 15 months.