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With responsibility for a budget of more than six million dollars, the Finance Department oversees the monthly financial operations of the Association. Working in conjunction with the Budget and Finance Committee and the Board of Directors, the department develops an annual budget that is sent to the full board in October for approval. To achieve this goal, the department reviews budget proposals submitted from the standing Committees as well as requests from the AVCA General Manager and the General Manager of the Ashburn Village Sports Pavilion. These requests form a draft budget that is evaluated and modified in committee. This process develops the monthly assessment required to support the proposed budget which includes reserve funds that are allocated for the purchase and maintenance of required capital equipment to include the expansion, repair and refurbishment of common facilities. The department prepares monthly financial reports, collect and process the monthly assessments - both residential and commercial, establish bank accounts, and pay bills on behalf of the Association.
Homeowners with questions about their monthly assessment, the annual budget, or other financial matters pertaining to the Association can contact the Finance Department at (703) 723-7910, x103.
2008 AVCA Annual Operating Budget Summary
2008 AVCA Monthly Assessment Notice
Homeowner's Account Information (UNDER CONSTRUCTION)
Make Monthly Assessment Payment
Direct Debit Form |