Audited Financial Statements
Fund Balance: The school system currently carries a fund balance. According to a recent report to the Joint Legislative Education Oversight Committee of the North Carolina General Assembly from the H1031 Working Group, “Fund balances provide school systems with needed flexibility for unforeseen expenses that arise during a fiscal year. School systems have no independent authority to borrow money or levy taxes in such cases.” To view the full report, click here.
Additional Fund Balance article: here.
State Expenditure Reports
Properties Declared Surplus by the CCS Board of Education
Stephanie A. Hass, Chief Financial Officer