Surplus to Keep RA Assessments Down in 2016 Won’t Be There in ’17

RA meetingThe Reston Association Board of Directors has found an surplus $1 million to keep  assessments from rising more than $15 in 2016. But what will happen in 2017?

That is the question RA Board Treasurer Dannielle LaRosa (North Point) posed to the board in a budget meeting on Monday.

Two weeks ago, LaRosa presented to the board a plan to move the cash from its operating fund reserves — which built up partially as a result of assessments being overfunded for several years.

The board liked the plan, and voted to use option two of three presented to them — to offer assessments at $657 next year, a 2-percent ($15) increase from this year’s $642 and far under the $718 assessment cap.

On Monday, LaRosa wanted to make certain the board understood that the additional $1 million won’t be there at this time next year, and without  some serious examination of future spending or an influx of revenue, assessments could rise by more than $40 in 2017 — flirting with the $700 mark.

“I honestly could not sleep without letting you know this is what we are approving,” said LaRosa.

LaRosa outlined some of the association’s biggest cost drivers. She pointed out that since 2011, RA has given 4 percent increases in salary and compensation. Professional and legal fees have increased about $240,000 in the last two years.

“We are putting off some hard choices that we are going to have to face in 2016-17,” said LaRosa.

Board members said there are some areas in which Reston should not curtail spending. Among them: keeping good employees and maintaining Reston’s assets.

“We have come to a good place with regards to 2016,” said At-Large member Ken Knueven. “I am confident we are addressing the issues a 50-year-old community has to address. Things have to be maintained. Old [RA] boards were doing a little ‘let the next board worry about it.’ This board has to step up, be frank tell the public we are going to do something about it.”

“Across-the-board cuts are meaningless to me,” he added. “Let’s start focusing on other side of equation — revenue.”

At-Large Director Ray Wedell said the large influx of new members expected with new residential construction means the RA membership could grow exponentially in coming years.

“That means an influx of dollars,” he said. “We should be raising revenue quite a bit. That in itself should do wonders in keeping assessments down.”

Take a look at the second draft of the 2016 budget on RA’s website.

There will be an additional budget meeting and public hearing Nov. 19 at RA headquarters. The board will vote on the final budget and assessment amount in late November or early December.

Recent Stories

Morning Notes

A man walks a dog into McLean Central Park (staff photo by Angela Woolsey) Special Education Disparities Persist in FCPS — “Students with disabilities in Fairfax County Public Schools perform…

The Herndon Metro station (staff photo by Jay Westcott) With the Silver Line Phase II opening still in flux, Fairfax County is being asked to pay another $40 million. At…

Route 7 has a new eastbound lane between Reston Avenue and Riva Ridge Drive (via VDOT) Drivers headed east on Route 7 in Reston can now get a small taste…

Morning Notes

Fairfax County Fire and Rescue responded to a burned-up elevator motor at 226 Maple Avenue in Vienna on Saturday (staff photo by Angela Woolsey) Metro Extends Blue Line Shutdown —…

The Ravel Dance Studio will re-open for fall classes 2020. The school will offer in person and virtual online instruction. With over 5000 sq. ft. to social distance the school has added air ionization filtration systems, ballet barres, acrylic dividers, hands free bathrooms, strict monitoring and more.

The Ravel Dance Studio will produce a Nutcracker Ballet Hollywood style video through the Reston Community CenterStage. REGISTRATION online begins August 17.

Submit your own Community Post here for just $99.

Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.

He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.

Read More

Submit your own Community Post here for just $99.


Subscribe to our mailing list