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Buncombe County leaders consider $100M–$500M general obligation bond to address urgent school repairs and upgrades
Summary
County and school officials outlined a range of GO bond scenarios (roughly $100M–$500M), prioritized large projects such as replacing Glen Arden Elementary and mechanical upgrades at North Buncombe High, discussed timing for a June submission to the Local Government Commission and flagged a possible state capital grant tied to a temporary county reclassification.
Buncombe County and local school officials spent the meeting reviewing options for a potential general obligation (GO) bond to fund major school capital projects, including building replacements, mechanical system upgrades and districtwide front-office security reconfigurations.
Dr. Jackson, representing the county school staff, said the district has identified potential projects that together "exceed, almost $500,000,000," and argued a GO bond could create a separate funding stream so Article 39 funds could continue to address routine repairs such as roofs and smaller HVAC work. He and other staff presented scenario-based prioritizations for different bond sizes, including examples of what could be completed at $100 million, $150 million and higher levels.
Why it matters: school systems and county leaders must align a bond ask with budget adoption and the Local Government Commission (LGC) timetable. Staff said reliable numbers would be needed by June to support a referendum process tied to the county budget cycle and LGC requirements.
Key priorities and estimates presented
- Glen Arden Elementary School: staff cited a schematic estimate of about…
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