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CHARLOTTE, N.C. The principal of Charlotte Catholic High School, Gerald Healy, has resigned after an audit of the school s finances.

In a letter released Wednesday morning, the diocese s Superintendent of Schools, Janice Ritter, said Healy had formally resigned and that the audit found, instances of questionable disbursements from accounts belonging to CCHS .

In his letter of resignation, Healy does not admit any wrongdoing but says, I regret any turmoil and upset that has caused distraction from the mission and values of our school and our students .

(Click here to view the letter of resignation and Ritter's letter to community)

Healy was first placed on paid administrative leave back in March when the diocese began looking into the school s financial accounts.

Many parents and graduates support Healy and said they can t believe he had done anything wrong.

Dr. Maggie Bryson, who has a daughter that will graduate this year from Charlotte Catholic, questions why the diocese is not saying more about what happened with the popular principal.

The fact that we got so little information for so long about this and all of a sudden we get this letter that tells us almost nothing, I just think in this type of situation, rumors fly, she said.

The letter from the superintendent says the audit also found other areas of concern. However, as this is a personnel issue, my comments must be limited .

A spokesman for the diocese said there were no plans to ask for criminal prosecution.

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