Nelson County hears RSA advisor on $54M bonding capacity, readies LPC and selects Studio Kramer as architect

Nelson County school leaders and an outside fiscal adviser reviewed district facility funding on Feb. 4, hearing that the district’s immediate bonding capacity is about $54 million and that conservative revenue-growth scenarios could push project capacity into the tens of millions more over time.

Lincoln Feiner, partner at RSA Advisors, told the Board the snapshot bonding capacity — calculated with no assumed property-value growth beyond current collections — is “$54,000,000” and explained two forces that can increase borrowing capacity over time: revenue growth (property-value collections and capital outlay allocations) and calendar roll‑off of existing bond debt. Feiner said a conservative forward-growth assumption of 3.5% would show materially larger borrowing capacity over a 20-year planning horizon.

Feiner explai…