Financial Resource Center
Welcome to the Financial Resource Center! This Resource Center gathers all of the information about WCPSS Finances. WCPSS is supported by tax dollars from the Wake County community. It is our mission to ensure that all resources of Wake County Schools are managed and accounted for in an effective and efficient manner. Members of the public are invited to view detailed information about the school system's financial management policies and procedures, annual budgets, financial reports and audits.
New
Board Approves Budget for 2009-10
Fund Balance Q & A (4 MB Adobe Reader Document)
Investing in Public Education: How Your Tax Dollars Support Wake County Schools (92 KB Adobe Reader Document)
Main Information
Fiscal Controls Audit Results (308 KB Adobe Reader Document)
This 2006 report by Summerford Accountancy, PC provides findings and recommendations for strengthening WCPSS against fraud.
Budgets
Ever wonder where the money is spent? Nearly 88 percent of every dollar goes directly to schools. This link contains official WCPSS Budgets from 2000-01 through the present. Draft budgets are posted here for public review during the budget process in the spring.
Comprehensive Annual Financial Reports (CAFR)
This is the home of WCPSS' Comprehensive Annual Financial Reports. According to state law, the Wake County Board of Education is required to issue a yearly report on its financial position and activity for an independent firm of certified public accountants to audit.