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Draft 2026–27 Reston Association budget proposes higher assessment, ramps capital funding
Summary
Staff presented the draft 2026–27 budget that would increase the association’s assessment and ramp capital contributions toward a multi‑year target; directors directed staff to prepare materials for the public hearing and asked fiscal committee to refine options.
Reston Association staff on Aug. 27 presented a draft biennial budget for 2026–27 that would raise the association assessment and increase planned capital contributions over the next several years.
At the meeting staff said the draft first proposal would raise assessments and that the increase is driven by three main factors: capital funding increases, inflationary pressure on operating costs (notably insurance and benefits) and several programmatic and maintenance items. One staff presenter summarized the draft as “we’re at $9.23 right now, dollars 75 increase or 8.8 percent,” language used during the meeting by the presenter…
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