RA Members Will Pay $634 Assessments in 2014

Reston AssociationReston Association members will pay a $634 assessment in 2014, a $44 increase from this year, the largest jump in five years.

At its meeting on Thursday,  the Reston Association (RA) Board of Directors voted for the increase of 7.5 percent. Assessments had been rising at about 4.5 percent the last several years. The board also approved the proposed Operating, Repair & Replacement budget and New Capital Asset budget for fiscal years 2014 and 2015.

These actions set the planned Revenues, Operating Expenses and Capital Expenditures for the next two years:

Revenues: $16,156,368 $16,571,879

Operating Expenses: $13,713,369 $14,156,879

Capital Expenditures on Existing Capital Assets: $1,666,679 $2,539,144

New Capital Asset Acquisitions: $292,916 $386,500

The board also OKed proposed 2014 New Capital Asset Expenditures of $292,916 (2014) and $386,500 (2015), through an “inter-fund transfer” from the Association Repair Replacement & Reserve Fund. Among the high priority items the money will fund: $124,000 for pathway lighting near Hunters Woods; expanded community gardens at Cedar Ridge ($50,000 over two years); and $160,000 for document management software.

See all budget-related items on RA’s website.

RA assessments have risen rapidly over the last several years, due in part to the need to repair and replace Reston’s aging infrastructure and facilities. Here is a look at assessments since 2000:


Year    Amount    % +/-
2000    $370.00
2001    $375.00   1.35%
2002    $387.00   3.20%
2003    $399.00   3.10%
2004    $415.00   4.01%
2005    $425.00   2.41%
2006    $437.00   2.82%
2007    $437.00   0.00%
2008    $475.00   8.70%
2009    $491.00   3.37%
2010    $515.00   4.89%
2011    $540.00   4.85%
2012    $565.00   4.50%
2013    $590.00  4.50%
2014    $634.00   7.45%

(Source: Reston Association)

Recent Stories

The weekend is almost here. Before you try to process the end of the Roe v. Wade era or head to bed for some much-needed sleep, let’s revisit the past…

A new Chinese restaurant is opening soon at Lake Anne Plaza. Big Wonton, a Chinese restaurant that already has another delivery concept in Reston, will take up space at 14438…

The U.S. Supreme Court overturned Roe v. Wade today (Friday) in a landmark decision that will effectively ban abortion in more than a dozen states. Abortion remains legal in Virginia,…

A trio of candidates is seeking the position of mayor for the Town of Herndon, typically a non-competitive race. Councilmembers Sean Regan and Jasbinder Singh are running against current Mayor…


Subscribe to our mailing list