County approves A-B Tech funding plan in split vote

Commissioners voted 4-3 to approve a plan that dedicates $3.13 million in Article 46 tax revenues in fiscal year 2020 for capital expenses at the college. The money would keep coming in each of the next seven years, increasing 5.5 percent annually to account for anticipated increases in construction costs. The county would also cap transfers from Article 46 tax revenue to the general fund at $5 million and would limit the use of that money to operations at A-B Tech.

Schools may be key to property tax relief

The Buncombe County Board of Commissioners held a nearly five-hour budget workshop May 16, a forum dedicated to presentations and requests from county departments. However, talks also showed a possible path toward nudging closer to a revenue-neutral property tax rate. A taxing issue County Manager Wanda Greene’s proposed budget for next fiscal year is $419,289,728, […]