You have exceeded your shopping time limit and your shopping cart has been emptied.
In early 2015, the Reston Association Board of Directors, working collaboratively with the Senior Leadership Team and volunteer leaders from RA’s advisory committees, developed the association’s 2016-2020 Strategic Plan. Once completed in May 2015, the plan was used as the foundation for developing the 2016/2017 Biennial Operating and Capital Budgets, which ultimately determine the annual assessment rate for members.
Based on input received from more than 200 member, committee and staff suggestions, the RA board identified the following three strategic priority areas and related goals as the focus of the 2016/2017 budget.
After holding five work sessions between June and October 2015, the RA board consistently used these three strategic areas of focus as key benchmarks to determine operating and capital expense funding priorities for 2016 and 2017.
The budget funds plans that will help us achieve these strategic goals and move the organization forward. Here is just a sampling of how your assessment dollars will be used in 2016/2017:
Throughout the budget review process, the board felt strongly that it needed to fund these activities but also were mindful of the cost impact on the member assessment.
In early October 2015, the board, with guidance from the association’s treasurer and Fiscal Committee, identified an opportunity to utilize a portion of the association’s operating cash surplus to fund some of the 2016 capital projects.
The transfer of $1 million of excess operating cash in 2016 made it possible for RA to move forward with all proposed capital projects approved by the RA board with association members funding a smaller portion in 2016 than would otherwise have been possible if the operating cash surplus were not available.
The RA board approved the second year of the 2016/2017 operating and capital budget on Nov. 17, 2016. The 2016 and 2017 assessment fees are shown below.
You are invited to review any of the budget documents and presentations housed on the right-hand side of this page, or view the budget meeting broadcasts which are archived on RA’s YouTube Channel.