Audit of LARCA shows major discrepancies in its accounting practices.

Writing in this week's Reston Connection, John Lovaas, the Independent Progressive, lays out a series of discrepancies discovered by Ernst & Young in its audit of the Lake Anne of Reston Condominium Association (LARCA) for the last three years.   After laying out the details, he ends with the comment, "Next-All await the outcome of the Commonwealth Attorney’s investigation!"

We thought you should know the full story.  Below we present present the full presentation received by the LARCA Board so you can assess for yourself the competence and legality of the decisions made by LARCA management.   It does not look good.

   LARCA Audit & Recommendations by TerryMaynard on Scribd

COVID-19: The First Week of NOVA Re-opening

After just one week into the Phase 1 re-opening of northern Virginia businesses, the number of new cases of COVID-19 is increasing at a faster rate than the preceding week.  In fact, the rate of case increases is up 22% in Reston (from 1.8% to 2.1% per day) and Fairfax County’s new case rate increased by more than twice that—48%.  Virginia’s overall case rate, including those counties that opened two weeks earlier, increased 33%.  Worst, the nation’s COVID-19 case rate increased by 59% over the last week.

In Reston, the number of reported cases grew from 420 to 487 over the first week of the county’s re-opening, significantly less than the rate of growth in the county.  Overall, Reston’s number of cases per 100,000 people remains 27% below the county rate, but the county’s case rate per 100K people remains nearly twice that of the state and the nation—very poor.

With only 4.2% of its population tested Virginia remains well behind the nation in testing rate, but Fairfax County (4.7%) and Reston (4.8%) are performing better on this metric.  Nationally, 5.7% of the population has been tested for COVID-19.