Reston Association narrows 2026 assessment to $901 after budget adjustments; board adopts CIP

The Reston Association Board of Directors reviewed Draft 2 of the proposed 2026 operating and capital budgets on Oct. 23 and approved a set of changes that reduced the draft assessment to $901 per member for 2026 while adopting the association's 2026'2035 Capital Improvement Plan (CIP).

The board and staff said the draft budget reflects multiple adjustments recommended by the fiscal committee, offsets from unassigned capital funds and changes to the timing of capital projects, including moving the Hook Road restroom replacement out of 2026 and into 2027.

Why it matters: The adopted CIP and budget direction determine the association's capital spending and the 2026 assessment that members pay. Board members and the finance committee emphasized balancing near-term member impacts with long-term capital needs, especially the association's capital reserve (the 'BRF').

Key decisions and context - Draft 2 assessment: Staff reported that, after motions the board made earlier in the budget process and the fiscal committee's recommendations, the assessment reflected in Draft 2 is $901 per member. That…