BW Dues Comparison

[DebbieB]

Got the budget notice today. One thing I noticed was that there is a developer guarantee at BWV, as mentioned in previous posts for other resorts. In 2002, actual operating budget was 2.7428, capped to 2.5872 and in 2003 actual is 2.9781 capped to 2.8514.

2003

Operating 2.8514
Reserves .4810
Taxes .776

Total 4.1084


Components...............2002...........2003

Admin & Front Desk..... .4894........ .5404

Housekeeping............. .6167......... .7445

Maintenance............... .5529.......... .5837

Utilities........................ .1878.......... .1791

Transportation............ .1848.......... .1832

Management Fee....... .3191......... .3374

Member Activities ...... .1547......... .1562

Security...................... .0375.......... .0444

Insurance................... .0609.......... .0997

Income Taxes............. .0892........... .0563

Sales Tax on Sup Fac .0333.......... .0365

Fees to the Divison.... .0080.......... .0080

DVC Reservation Comp.. .0054....... .0054

Legal ......................... .0011......... .0011

Annual Audit............... .0021....... .0021

Total Operating (cap) 2.5872 ..... 2.8514

Capital Reserves........... .5760.......... .4810

Taxes ......................... .7603......... .7760

Total ......................... 3.9235........ 4.1084

The big gainers were front desk, housekeeping & insurance, which I believe were the same areas of increases at other resorts. Interesting that the capital reserves is down, perhaps due to the outside work being paid for by the original contractor.

Hope I copied these right, I just came back from the eye doctor and the drops have not worn off yet!

 

[DeeP]

I got mine today and it does look like all the DVC resorts had increases in the same areas.