2025 Dues

[tjkraz]

Wow, how is it someone found only Aulani released last week, but nothing else? Where are the new dues?

The Aulani document was labeled as a draft. It may match the final, but I'm not sure that it was intended for release.

 

[lilsonicfan]

The Aulani document was labeled as a draft. It may match the final, but I'm not sure that it was intended for release.

So the doc under Condo Association news says "Final Proof" in the title but this was a draft?

 

[BrianLo]

Interesting. They have declared 10 more vacation homes since last year. That’s way down from the year before.

Stealing this from Dvcnews.com


2023 was 330 +13
2024 is 340 +10

There are 461 eventual units, so we’re at 74% of whatever this indicates. 9-10 more years if the rate sustains the last 9.

We’ll have to wait another year to see if this was another 2018 phenomenon.

 

[WinterSolider]

I got my physical Aulani doc in the mail yesterday.

 

[MarkNC2Disney]

can't wait for more to be released.

 

[Plutopian]

We're waiting later than last year....anyone with longer term awareness think this is kind of late, or am I just being impatient?

 

[tjkraz]

We're waiting later than last year....anyone with longer term awareness think this is kind of late, or am I just being impatient?

It's later than usual. At least last 3 years, was always posted before November 10th.

 

[BilLisa]

Could the delay be tied to the new timeshare law that went into effect in FL this year???

 

[lorimt]

I have this notification on my account that I think is new:

“Your 2025 Annual Dues Statement will be posted online on or after December 17, 2024”

 

[MerlinandtheMouse]

I’m also thinking it could be because of the over and underestimating of property taxes from last year, they want to be more thorough and accurate?

 

[MerlinandtheMouse]

I have this notification on my account that I think is new:

“Your 2025 Annual Dues Statement will be posted online on or after December 17, 2024”

Hmm I just saw the notification, too. It says full payment has to be made by Jan 15th. That’s a full month earlier than last year’s final due date and they’re releasing the information later than normal.

ETA: JK, that’s probably not including the grace period date

 

[jcolvin5]

Hmm I just saw the notification, too. It says full payment has to be made by Jan 15th. That’s a full month earlier than last year’s final due date and they’re releasing the information later than normal.

I believe there is a grace period until 15 Feb...

 

[MerlinandtheMouse]

I believe there is a grace period until 15 Feb...

Ah ok I thought that was the end of the grace period, thanks for the correction!

 

[CarolynFH]

I have this notification on my account that I think is new:

“Your 2025 Annual Dues Statement will be posted online on or after December 17, 2024”

The budgets with dues amounts were usually sent out in November so they could be approved by the Board at the membership meeting in December, after which the official Annual Dues Statements were posted to each owner’s account. Even though each condo association meets separately this year, I would think they’d still need to send us the budgets prior to those meetings.

Or, since the adoption of budgets in previous General Meetings was just a formality, maybe not!

I’m also thinking it could be because of the over and underestimating of property taxes from last year, they want to be more thorough and accurate?

I think the property taxes came in significantly higher than estimated, and not only do they need to estimate the 2025 taxes, they have to calculate the actual shortfall for 2024 and calculate how much extra we’ll have to pay (except for the few resorts whose assessments were lower than estimated). Maybe that’s slowing them down.

 

[CarolynFH]

I’m also thinking it could be because of the over and underestimating of property taxes from last year, they want to be more thorough and accurate?

It’s not that they were not accurate when estimating 2024 property taxes. It’s that they have to estimate property taxes a full year before the taxes are actually assessed. Here’s a good explanation of the process and what happened to make 2024 property taxes so much different from estimates: https://dvcnews.com/dvc-program-men...-for-most-walt-disney-world-based-dvc-resorts

 

[ML_LovesDisney]

I have this notification on my account that I think is new:

“Your 2025 Annual Dues Statement will be posted online on or after December 17, 2024”

Wow, that seems late!

 

[Sandisw]

Wow, that seems late!

That gets posted every year even though we get them well before the meeting.

But, definitely behind this year in getting us the info.

 

[tjkraz]

Wow, that seems late!

That's normal. The budgets / dues aren't considered finalized until the board of directors approves them at the annual meetings in December. This year, those meetings are taking place on December 10-11.

 

[TheDailyMoo]

I'm going to need these dues to come out already so I have some leverage when sending in low offers!

 

[BrianLo]

I’m quite looking forward to dissecting this release. The tax shakeout might dramatically change Riviera’s positioning. Which has already significantly yielded maintenance fee complaints when it originally went on sale.

Poly is the other one to watch; inflated tower charts should drive it quite low in the long term.