2023 DVC Dues:

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Comparison of the revenue and costs for BCV from last year to this year. I wonder why Housekeeping costs went up by 11.2%? Utilities also went up a lot. I know inflation is high, but certain things about the increases seem off.

There was a negligible change in funds for capital improvements and taxes were exactly the same so the bulk of the cost increase is coming from increased costs.
I don't think the increases are off. Covid requires extra cleaning protocols and wages went up. Difficulty in staffing probably also results in more overtime.

Our Coop just finished budgeting for next year and the results are not pretty. Every contractor (including Housekeeping) is increasing prices, some more than published inflation. Utility increases are indeed shocking.

No one wants to see dues go up, but IMO, the increases are reasonable.
 
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View attachment 717957

Comparison of the revenue and costs for BCV from last year to this year. I wonder why Housekeeping costs went up by 11.2%? Utilities also went up a lot. I know inflation is high, but certain things about the increases seem off.

There was a negligible change in funds for capital improvements and taxes were exactly the same so the bulk of the cost increase is coming from increased costs.

Housekeeping is easy to explain. They have been phasing in a significant wage increase plus they have had to pay hiring bonuses.
 

I thought the last of the wage increases for housekeeping was in 2022. I recall people saying that large increases in 2022 should be less in 2023 because the union agreements for wage increases ended in 2022?
 
I just calculated if yearly dues increase stayed at 8%, the $8.50 dues today would be $185 in 40 years - a whopping $37k per year on a 200 point contract. It’s a much nicer picture if dues stay 5% or under, then we’re only looking at $60 dues per point (slashing that 200 point 2063 dues bill down to $12k).
 
I thought the last of the wage increases for housekeeping was in 2022. I recall people saying that large increases in 2022 should be less in 2023 because the union agreements for wage increases ended in 2022?

I think the initial contract that raised them was, but I believe they have had to increase wages and bonuses recently to get people to fill the open positions. Plus, given the current economy, there would be increases in supplies, etc. as well.
 
I'm curious to see if housekeeping is addressed at the annual meeting.

Enhanced cleaning protocols have been a thing for 3 years now. I'm not aware of any new union agreements which will send wages higher. Disney has been resorting to higher pay and bonuses throughout 2021 and 2022. It's possible that they under-estimated costs for 2022 and this is sort of a double-whammy for both 2022 and 2023.

Or they could be making operational changes which add costs.
 
I had posted this in our Shareholder thread, but looks like it is relivant here too:

https://www.clickorlando.com/busine...orkers-need-18-an-hour-to-survive-union-says/

ORLANDO, Fla. – Workers in Central Florida’s tourism industry are pushing to raise their minimum wage to at least $18 an hour, arguing that rising rents and inflation have cut into their ability to make ends meet.

Unite Here Local 737 released a report Thursday saying that an adult worker with no dependents would need to earn $18.19 an hour to make a living wage, while a family with two children would need both parents earning $23.91 an hour for a living wage.

Local 737 is part of a coalition of other unions currently negotiating a new, five-year contract for service workers at Walt Disney World, Central Florida’s largest employer. Local 737 also is in the middle of contract negotiations with Sodexo, a food services and facilities management company, at the Orange County Convention Center.

In both cases, the union is proposing an $18 an hour minimum wage effective in the first year of the contract.

Disney World workers in 2018 approved a contract with service workers that raised the starting minimum wage to $15 an hour over three years while enabling Disney to use more part-time workers and require new workers to stay in their positions longer before transferring.

Local 737 said that although a wage of $15 an hour was enough three years ago, “with skyrocketing rent, food, and gas prices in the last three years, it’s no longer possible to survive with those wages.”

In an emailed statement, Disney said company officials had offered a “meaningful" wage proposal that would give workers a starting minimum wage of $20 an hour for full-time, non-tipped positions by the end of the contract.

“If our offer is accepted, our wages will continue to outpace Florida minimum wage by at least $5 an hour," the statement said.

Even as theme park business and hotel occupancy have returned to pre-pandemic levels, service industry workers are struggling to pay rent, have skipped meals and medicine and have been forced to take second jobs, according to the union.

Before the pandemic, workers with families in the $15 to $16.50 an hour wage bracket could pay their bills. But with inflation causing the price of food and gas to shoot up, an employee earning $15 an hour full time currently makes $530 less than the worker would need to pay for rent, food and gas each month, Local 737 said.

“For many tourism workers — many of whom were already living paycheck-to-paycheck — living expenses have gone from difficult to nearly impossible to pay,” Local 737 said in the report.

Local 737 represents 19,000 workers at six major employers in Central Florida. The workers include cooks, dishwashers, housekeepers, quick-service restaurant staff, restaurant seaters, convention retail workers and food handlers.
 
Of all the price increases Disney has thrown out there, paying higher dues to provide a living wage to people with physically strenuous, difficult jobs is the one I’m most OK with paying. Because most of the other increases are going to those at the top.
 
Re 2023 Dues:
I have no idea why but this year I'm so confused.
I pay in advance early by multiplying the announced per point dues and enter that amount on both memberships/5 contracts. Obviously, I get a credit.

If the dues have been announced, why aren't I seeing a figure for "2023 dues owed" on the page where I enter an amount?? I know it can change a little klater on but where is the ACTUAL BILL?

I know I should know the answer but I always leave town in December and in a rush so I simply pay the multiplier amount for a credit. But I never can find where it says "2023 = $ owed".

What am I missing?
 
Re 2023 Dues:
I have no idea why but this year I'm so confused.
I pay in advance early by multiplying the announced per point dues and enter that amount on both memberships/5 contracts. Obviously, I get a credit.

If the dues have been announced, why aren't I seeing a figure for "2023 dues owed" on the page where I enter an amount?? I know it can change a little klater on but where is the ACTUAL BILL?

I know I should know the answer but I always leave town in December and in a rush so I simply pay the multiplier amount for a credit. But I never can find where it says "2023 = $ owed".

What am I missing?

The dues have to be approved at the meeting next week.

After that, the bills will be generated and show up..around the 15th or so.
 
And how much of that 18 per hour are they losing to this union in dues...?
Dues are at most $70 per month. Assuming 160 hours, per month that'd be less than 50 cents an hour. Non union hotel housekeepers make on average 8 dollars less per hour. The math ain't hard for the housekeepers.
 
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I don't think the increases are off. Covid requires extra cleaning protocols and wages went up. Difficulty in staffing probably also results in more overtime.

Our Coop just finished budgeting for next year and the results are not pretty. Every contractor (including Housekeeping) is increasing prices, some more than published inflation. Utility increases are indeed shocking.

No one wants to see dues go up, but IMO, the increases are reasonable.
Wouldnt the Staff and cleaning cost increase be the same across every resort ? Why would it cost more at the Beach club to clean a room than any other resort ?
 
Wouldnt the Staff and cleaning cost increase be the same across every resort ? Why would it cost more at the Beach club to clean a room than any other resort ?
Well, they split Stormalong Bay 50/50 with Yacht Club, so that might have some additional cleaning and servicing (plus about 50 lifeguards).
 


















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