This report provides information on the high school dropout rate and the number of students who drop out of the Wake County Public School System (WCPSS), North Carolina. The overall dropout rate continued to decline in 2000-2001 for the Wake County Public School System. The dropout rate for grades 7-12 was 2.4%, the lowest since the reporting of dropout rates by federal standards began. Since 1994-1995 the gap between the grades 7-12 dropout rates for black and white students has decreased from 4.3 to 2.1 percentage points. The largest number of dropouts has always occurred at the high school level. Of the 1,038 dropouts in the WCPSS for 2000-2001, 1,024 (98.7%) were in grades 9-12. The high school dropout rate decreased from 5.5% in 1995-1996 to 3.7% in 2000-2001. The WCPSS rate has been lower than the rate for North Carolina and paralleled the trend of a decreasing rate since the state began reporting in 1998-1999. White and Asian students had the lowest dropout rate, and both were substantially lower than the rates for Black (6.1%) and Hispanic/Latino (72%) students. High school males had a higher dropout rate than females. The primary reason for dropping out for all students was attendance, followed by academic problems, and failure to return to school following long-term suspension. Students with disabilities had a dropout rate about twice that of students without disabilities. The dropout rates of the WCPSS were below other comparable urban school systems in North Carolina, but the rates varied considerably by high school. One attachment contains supplemental data tables and the other contains a chart with dropout statistics by high school. (Contains 26 figures.) (SLD)