School Capital Fund Commission Meeting | Sept. 28, 2026

The Buncombe County Government held a School Capital Fund Commission meeting on September 28, 2026, focusing extensively on updates and financials related to school capital projects. The commission reviewed the FY26 financial status, noting sales tax revenues of approximately $30 million with about $26 million available for capital projects after reallocations. They discussed recent debt issuances, including a $51 million issuance in May 2026 and potential additional debt for the WD Williams project, which could add $2.1 million in annual debt service starting FY28. Project updates included ongoing construction and renovations at multiple schools, such as Asheville High's culinary renovation, Hall Fletcher Elementary's elevator shaft and window replacements, and various roofing and security upgrades across the district. The commission also addressed procurement activities like the selection of SKA Engineers for stadium repairs and a request for qualifications for a perimeter security design consultant. Budget considerations included managing debt service against available funds and the impact of fluctuating interest rates on debt issuance timing. The meeting concluded with discussions on project timelines, warranty issues, and future funding needs for major mechanical system upgrades.