2011 Annual Dues are out

[DVC Mike]

I received the annual dues statement for Bay Lake Tower.

BLT

$2.3492 Operating Budget
$0.6587 Capital Reserves
$0.8864 Estimated Taxes
=======
$3.8943 Annual Dues for BLT

The 2010 dues were $3.78 ($3.7756)

This assesment is 3.1% higher than it was in 2010. Since inception, the compound annual growth rate is 3.0%.

BWV

$3.5774 Operating Budget
$0.9211 Capital Reserves
$0.9567 Estimated Taxes
=======
$5.4552 Annual Dues for BWV

The 2010 dues were $5.36 ($5.3601)

This assesment is 1.8% higher than it was in 2010. Since inception, the compound annual growth rate is 2.6%.

VGC

$2.8471 Operating Budget
$0.4225 Capital Reserves
$0.8005 Estimated Taxes
=======
$4.0701 Annual Dues for VGC

The 2010 dues were $3.94 ($3.9388)

This assesment is 3.3% higher than it was in 2010. Since inception, the compound annual growth rate is 3.2%.

Other reported dues are:

AKV (courtesy of KAT4DISNEY)

$3.3518 Operating Budget
$0.7178 Capital Reserves
$0.9447 Estimated Taxes
======
$5.0143 Annual Dues for AKV

The 2010 dues were $4.95 ($4.9496)

The assessment is 1.3% higher than it was in 2010. Since inception, the compound annual growth rate is 2.1%

HHI (courtesy of WebMasterDoc)

$4.1628 Operating Budget
$1.2509 Capital Reserves
$0.2621 Estimated Taxes
======
$5.6758 Annual Dues for HHI

The 2010 dues were $5.57 ($5.5675).

The assessment is 1.9% higher than it was in 2010. Since inception, the compound annual growth rate is 5.1%

BCV (Courtesy of JimC)

$3.6808 Operating Budget
$0.6495 Capital Reserves
$0.9448 Estimated Taxes
=======
$5.2751 Annual Dues

This assessment is 2.4% higher than it was in 2010. Since inception, the compound annual growth rate is 3.8%.

VWL (courtesy of LauraLee)

$3.7207 Operating Budget
$0.6767 Capital Reserves
$0.9456 Estimated Taxes
=======
$5.3430 Annual Dues for VWL

This is 2.8% higher than 2010.

Since inception, the compound annual growth rate is 3.9%.

OKW (courtesy of JimC)

$3.3261 Operating Budget
$0.7144 Capital Reserves
$0.9420 Estimated Taxes
=======
$4.9825 Annual Dues

This assessment is 2.2% higher than it was in 2010. Since inception, the compound annual growth rate is 3.9%.

SSR

$2.5962 Operating Budget
$0.8771 Capital Reserves
$1.0390 Estimated Taxes
======
$4.5123 Annual Dues for SSR

This assessment is 1.1% higher than it was in 2010. Since inception, the compound annual growth rate is 2.5%

Aulani

$4.3071 Annual Dues

VB (courtesy of sap1227)

UnSubsidized

$5.1446 Operating Budget
$1.1107 Capital Reserves
$0.5207 Estimated Taxes
=======
$6.7760 Annual Dues

This assessment is 2.5% higher than it was in 2010. Since inception, the compound annual growth rate is 6.0%.

(Subsidized)

$3.8560 Operating Budget
$0.9375 Capital Reserves
$0.5207 Estimated Taxes
=======
$5.3142 Annual Dues

This assessment is 2.6% higher than it was in 2010. Since inception, the compound annual growth rate is 4.1%.

 

[JWG]

Good to know. That's our home resort (or one of them). Thanks for the heads up. 3.0% wouldn't be horrible if it stay's there. Hopefully know 4% years.

 

[DVC Mike]

The Annual Meeting on December 9, 2010 contains one interesting new resolution relating to foreclosure if a member doesn’t pay their annual dues:

"(c) Trustee Foreclosure Procedure Resolution. The Condominium Declaration for the Resort shall be amended to permit foreclosure of assessment liens by the trustee foreclosure pursuant to Section 721.855, Florida Statutes. The amendment shall contain the following statement: If an Owner fails to make timely payments of assessments for Common Expenses, reserves, Ad Valorem Real Estate Taxes, special assessments or any other costs included in assessments, an assessment lien against the Owners’ Ownership Interest may be foreclosed in accordance with a judicial foreclosure procedure or a trustee foreclosure procedure, either of which may result in the loss of the Owner’s Ownership Interest. If the Management Company initiates a trustee foreclosure procedure, the Owner shall have the option to object pursuant to Florida law, and in such event the Management Company may thereafter proceed only by filing a judicial foreclosure action".

 

[EeyoreEma]

Thanks for posting. That's not too bad, in my opinion. I guess I was halfway expecting it go up even more.

 

[WebmasterDoc]

Thanks, Mike. As others receive the proposed fees for other resorts, please post them here so we can update the History for the DVC Resource Center. These proposals will be voted on at the Annual Meeting on December 9 and actual statements mailed out near the end of December.

Year OKW VB(s) VB HH - BWV VWL -BCV SSR AKV -BLT VGC

2011 4.98 5.31 6.78 5.68 5.46 5.34 5.28 4.51 5.01 3.89 4.07
2010 4.87 5.18 6.61 5.57 5.36 5.20 5.15 4.46 4.95 3.78 3.94
2009 4.73 4.97 6.41 5.36 5.21 5.04 5.00 4.34 4.85 3.67 3.82
2008 4.56 4.71 6.04 5.16 5.04 4.87 4.80 4.21 4.71
2007 4.40 4.39 5.63 4.98 4.85 4.73 4.63 4.12 4.62
2006 4.24 4.12 5.27 4.34 4.69 4.61 4.48 3.98
2005 3.86 3.84 4.87 3.86 4.41 4.35 4.27 3.83
2004 3.68 3.67 4.67 3.70 4.25 4.22 4.18 3.80
2003 3.49 3.37 4.37 3.69 4.11 4.05 3.97
2002 3.22 3.33 4.17 3.49 3.92 3.80 3.77
2001 3.13 2.70 3.98 3.32 3.83 3.63
2000 3.16 2.87 4.07 3.25 3.94 3.62
1999 3.16 2.82 3.99 3.18 4.02
1998 3.17 2.76 ---- 3.20 3.94
1997 3.14 2.90 ---- 3.16 3.84
1996 2.99 2.82 ---- 3.16 3.70
1995 2.84 2.76
1994 2.70
1993 2.63
1992 2.56
1991 2.51

 

[dizfan]

Thanks for posting Mike.

 

[DVC SSR Owner]

What are the SSR dues?

 

[KAT4DISNEY]

We received both BLT and AKV today.

AKV breaks down as:

$3.3518 - estimated Annual Operating Budget
$.7178 - estimated Capital Reserves Budget
$.9447 - estimated ad valorem taxes

$5.0143 Total estimated annual dues per vacation point

The assessment is 1.3% higher than it was in 2010. Since inception the compound annual growth rate is 2.1%

There are some interesting differences in the budgets between the two. In glancing at them both I found it noteable that the housekeeping budget is higher at BLT than AKV with BLT having 281 vacation homes and AKV having 341. On a per point basis it's comparable but not on a unit basis. $11,820/$8,923 per unit.

Also - transportation is $7,136/unit at BLT to $5,630/unit at AKV.

Utilities are MUCH lower at BLT though in comparison to AKV. $2806/unit to $5,014/unit.

 

[Doug7856]

Thanks Mike.

 

[KevGuy]

I just noticed mine are available at the DVC site. The SSR Dues are as follows for next year:

SSR

$2.4092 Operating Expense Budget
$1.0182 Capital Reserves Budget
$1.0337 Estimated Property Taxes
==============================
Annual Dues for SSR $$4.4611

 

[Sammie]

I just noticed mine are available at the DVC site. The SSR Dues are as follows for next year:

SSR

$2.4092 Operating Expense Budget
$1.0182 Capital Reserves Budget
$1.0337 Estimated Property Taxes
==============================
Annual Dues for SSR $$4.4611

That is the same as this year, surely they went up some

 

[Nikisha421]

thanks for the info...

 

[DVC SSR Owner]

Did SSR dues stay the same? What does the new paddock pool gonna cost?

 

[SSR]

I just noticed mine are available at the DVC site. The SSR Dues are as follows for next year:

SSR

$2.4092 Operating Expense Budget
$1.0182 Capital Reserves Budget
$1.0337 Estimated Property Taxes
==============================
Annual Dues for SSR $$4.4611

What "DVC site" are you referring to? The member site? If so, I can only see 2010 info on my account.

 

[sznk]

I just noticed mine are available at the DVC site. The SSR Dues are as follows for next year:

SSR

$2.4092 Operating Expense Budget
$1.0182 Capital Reserves Budget
$1.0337 Estimated Property Taxes
==============================
Annual Dues for SSR $$4.4611

those #s are your 2010 dues, not the upcoming 2011 dues.

 

[dvc at last !]

Thanks for the info.

 

[joandegennaro]

Does anyone know what the OKW dues will be for 2011. I will have my first year of full dues this year as last year it was pro-rated when I purchased my first and second contracts.

Thanks

 

[backyardponder]

Does anyone know what the OKW dues will be for 2011. I will have my first year of full dues this year as last year it was pro-rated when I purchased my first and second contracts.

Thanks

Typically they all come out within a week of each other. I'd expect them all to be out by the end of this week.

 

[joandegennaro]

Thanks Backyardponder, didn't know how all this works. Learning as I go.

 

[Brandis]

There are some interesting differences in the budgets between the two. In glancing at them both I found it noteable that the housekeeping budget is higher at BLT than AKV with BLT having 281 vacation homes and AKV having 341. On a per point basis it's comparable but not on a unit basis. $11,820/$8,923 per unit.

Also - transportation is $7,136/unit at BLT to $5,630/unit at AKV.

Utilities are MUCH lower at BLT though in comparison to AKV. $2806/unit to $5,014/unit.

The higher transportation costs is probably because of the Monorail and the boats available at BLT / CR.

What "cost position" are the animals and related costs at AKV?