Update on the 2016-2017 Budget Process President's Perspective Aug 28 2015 By Ellen Graves Board President Over the next few months, I will be keeping Reston Association members updated on the status of the association’s 2016-2017 budget development process through a series of blog posts on the RA website. The RA board of directors and RA staff conducted the first in a series of budget work sessions Monday, Aug. 24, 2015, and will meet frequently throughout the fall to finalize an operating and capital expense budget and to set the new 2016 assessment fee. Following each work session, I will share the latest information from that budget session. During the Aug. 24 work session, board members reviewed the first draft of the budget developed by RA staff. Board members are closely reviewing all aspects of the budget and have requested additional information from the staff on pool and tennis facility operating costs and utilization, costs associated with mowing and maintaining roadway medians, assessment fee comparisons with other area homeowner associations, budget details on the Pony Barn project and a list of opportunities creating greater efficiency and cost savings within the association. Board members were also reassured by RA CEO Cate Fulkerson that no operating or facilities renovation costs associated with the recent acquisition of Tetra property purchase are in the 2016 or 2017 budgets. As your board, we take the fiduciary responsibility you entrust in us as our No. 1 priority. You have my assurance that the board will thoroughly review all aspects of both the operating and capital budgets before setting the 2016 assessment fee. The board is planning another work session for Sept. 16, and like all board meetings, the work sessions are open to members. Click here for details on the Sept. 16 meeting.