BWV Big Jump In Dues Per Point

[Mommy2TwoMickeys]

This is my first "official" time paying dues. We became members in June 2013(and paid dues @ closing) and I remember looking at how much the dues per point when up each year and it didn't seem as excessive as it did from 2013-2014. It's obviously not an off the top amount that it increased, but I was curious as to everyone else's opinions

 

[DebbieB]

This is my first "official" time paying dues. We became members in June 2013(and paid dues @ closing) and I remember looking at how much the dues per point when up each year and it didn't seem as excessive as it did from 2013-2014. It's obviously not an off the top amount that it increased, but I was curious as to everyone else's opinions

It was about 3%, seemed reasonable to me. Mine went up $4 a month for 250 points ($120 to $124).

You can look at dues history by resort here:

http://www.disboards.com/showthread.php?t=2823943

It's been pretty much 3% a year.

 

[tjkraz]

Percentage-wise, increase is 2.83%. Expect that as the absolute bare minimum you will see every year. Several of the resorts had 5%, 6% and 7% increases.

Dues pay for the resort operating costs and those costs are always going up. Union contracts have built in wage increases. Employee benefits like health insurance are always on the rise. (According to DVC, more than 2/3 of the dues go toward staffing-related costs.)

Property taxes are adjusted annually. Insurance...fuel prices for WDW transportation and DME...utilities...repairs and maintenance, etc.

Disney raises its hotel rates every year to compensate on that end. Unfortunately the cost of doing business always seems to get higher.

 

[lorie13]

Dues can go up as high as 8% per year, so keep that in mind for the next years and when they come in lower it will not be such a sticker shock.

 

[Deb & Bill]

Also, remember that DVC hasn't had any special assessments yet that I know of (we've been members since 1997). A special assessment can be a big chunk of money if the resorts managers haven't been planning for the future and taking into consideration potential big costs.

 

[crisi]

My opinion is that 3% is normal - and thankfully low. It adds up to a lot when you look at all the points you own though - and remember, it will be exponential growth.

 

[DebbieB]

Dues can go up as high as 8% per year, so keep that in mind for the next years and when they come in lower it will not be such a sticker shock.

Actually it's as much as 15% excluding property taxes.

The thing to keep in mind is that everything is audited. Disney can't just increase dues and pocket the extra.

 

[disneynutz]

Actually it's as much as 15% excluding property taxes.

The thing to keep in mind is that everything is audited. Disney can't just increase dues and pocket the extra.

Three Disney executives were fired because of dues irregularities with Aulani, so mistakes can happen.

Bill

 

[crisi]

Three Disney executives were fired because of dues irregularities with Aulani, so mistakes can happen.

Bill

But three were fired - which tells you that 1) the audit is done in such a way to uncover issues and 2) when they find issues they take action.

 

[KAT4DISNEY]

Except I thought that came from the State of Hawaii and their review of the offering, not from any audit such as what the WDW resorts would get on an annual basis.


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[DebbieB]

The issue with Aulani happened right before it opened, it wasn't time for an operations audit because they weren't open yet.

 

[disneynutz]

Except I thought that came from the State of Hawaii and their review of the offering, not from any audit such as what the WDW resorts would get on an annual basis.

And Disney had sales halted by the State until the matter was corrected.

Bill