Reston Association is seeking to add back in 2017 more than $335,000 in staffing positions that were put on hold as the association paid back the Lake House overrun this year.
The Reston Association will discuss this and other needs for the 2017 budget at a special meeting Wednesday at RA, 12001 Sunrise Valley Dr. The meeting is at 6:30 p.m. and will include a member comment period.
RA is seeking to hire a land use assistant ($98,000 annual salary) and a geenral ledger accountant ($82,000); promote someone to capital projects administration coordinator ($36,000); and hire many seasonal employees ($181,000).
It also wants to promote a staff member to capital projects administrative manager ($84,000) and give current employees a total of $233,000 in merit raises, according to RA documents.
RA is estimating it will need $14.7 for the 2017 budget. The RA Fiscal Committee is recommending the Reserve, Repair and Replacement fund receive $2.9 million in funding, even though RA Treasurer Dannielle LaRosa recently pointed out the balance in the RRRF account has grown to more than $6 million in the last year. Meanwhile, RA has been spending just about $2 million annually on RRRF projects.
The RRRF is funded with a combination of assessment money, surplus cash and investment income. It must maintain a balance of $3.1 million, according to RA bylaws.
The board has the option to accept the fiscal committees recommendation or fund the RRRF at a lower amount.
Funding the RRRF with various sources will increase assessments in a variety of ways (see accompanying chart).
RA assessments were $657 per household in 2016. That amount was offset by an extra $1 million moved from operating fund reserves. RA members have been getting a service level as if they paid $705 in 2016, La Rosa said at RA’s September meeting.
RA assessments could top the $700 mark — which would be a $70 increase since since 2014 — depending on what the directors keep as budget needs.
See more information about budget needs on the meeting agenda.
Chart: RA
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