Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Asheville City Schools board reviews county’s draft funding formula that would lock in ~37.76% share
Summary
Board members spent the meeting’s second half reviewing a draft interlocal agreement with Buncombe County that would compute Asheville City Schools’ operational allocation as 37.76% of specified county property and sales tax revenue, debated which statutory tax pots to include, and asked counsel to clarify contract language before public comment and potential votes in January.
Asheville City Schools board members spent the second half of their Dec. 1 meeting unpacking a draft interlocal funding agreement with Buncombe County that would change operational funding from a fixed dollar allocation to a percentage formula.
Chair Sarah introduced the concept as a negotiated percent of county-collected property and sales tax revenue. ‘‘The proposal that you have in front of you is 37.76%,’’ she said, describing the mechanics: the county would look back at collections (through March 15) to set the base, calculate the district’s share, divide amounts for monthly allotments and apply an enrollment adjustment and emergency clause.
Supporters said the percentage captures…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
