LënuSëkahsëni
Hail Hydra
- Joined
- Jan 26, 2018
- Messages
- 42
I bought my DVC contract in 2018 and after doing my research I had a decent understanding of how the dues worked. Then when it was time to pay my dues in 2019 I saw there was a credit when the actual property taxes were less than the estimated taxes. Of course, being a data geek, I started trying to research annual dues accounting for the tax adjustment. Every resource I could find only showed the assessed due and never accounted for actual taxes. Even asking in a couple of DVC forums didn't yield any results. Needless to say, I created a Google Sheet document and started tracking the dues assessment myself. Now that I have a few years of data, I figured I would share what I have.
2017 - $5.7207
2018 - $6.3617
2019 - $7.0270
2020 - $6.1379
Since I don't have the official dues information the COVID-19 credit and 2020 Actual Taxes adjustment is based on information found on various sites.
Link to the Google Sheet page for anyone who is interested: https://docs.google.com/spreadsheets/d/1jLf8tcm_FW5mvyLkyqPAckZ36o_Kea-4XaUrDjRxVoU/edit?usp=sharing
2017 - $5.7207
2018 - $6.3617
2019 - $7.0270
2020 - $6.1379
Since I don't have the official dues information the COVID-19 credit and 2020 Actual Taxes adjustment is based on information found on various sites.
Link to the Google Sheet page for anyone who is interested: https://docs.google.com/spreadsheets/d/1jLf8tcm_FW5mvyLkyqPAckZ36o_Kea-4XaUrDjRxVoU/edit?usp=sharing
2017 | 2018 | 2019 | 2020 | 2021 | |
Annual Dues Assessment | |||||
Annual Operating Budget | $ 4.3207 | $ 4.2156 | $ 4.3429 | $ 4.2614 | $ 4.3357 |
Annual Capital Reserves Budget | $ 1.1590 | $ 1.1930 | $ 1.2288 | $ 1.2589 | $ 1.2897 |
Ad Valorem Taxes | $ 0.2410 | $ 0.9531 | $ 1.4553 | $ 1.4876 | $ 1.9649 |
Credit | $ (0.8700) | ||||
TOTAL ANNUAL DUES ASSESSMENT | $ 5.7207 | $ 6.3617 | $ 7.0270 | $ 6.1379 | $ 7.5903 |
Revenue Components | |||||
Interest Income - Taxes and Operating | $ 0.0011 | $ 0.0012 | $ 0.0004 | $ - .00 | $ - .00 |
Member Late Fees and Interest | $ 0.0420 | $ 0.0200 | $ 0.0111 | $ 0.0270 | $ 0.0335 |
Breakage Income | $ 0.1405 | $ 0.1387 | $ 0.1429 | $ 0.1415 | $ 0.1442 |
Member Annual Dues Assessment | $ 4.3207 | $ 4.2156 | $ 4.3429 | $ 4.2614 | $ 4.3357 |
Parking Revenue | $ - .00 | $ - .00 | $ 0.0034 | $ 0.0079 | $ 0.0039 |
TOTAL REVENUES AND INCOME | $ 4.5043 | $ 4.3755 | $ 4.5007 | $ 4.4378 | $ 4.5173 |
Cost Components | |||||
Administration and Front Desk | $ 0.7391 | $ 0.6996 | $ 0.7237 | $ 0.6809 | $ 0.6487 |
Annual Audit | $ 0.0044 | $ 0.0081 | $ 0.0045 | $ 0.0045 | $ 0.0045 |
DVC Reservation Component | $ 0.0070 | $ 0.0039 | $ 0.0057 | $ 0.0062 | $ 0.0064 |
Fees to the Division | $ 0.0061 | $ 0.0070 | $ 0.0058 | $ 0.0056 | $ 0.0056 |
Housekeeping | $ 1.1998 | $ 1.1672 | $ 1.1692 | $ 1.1057 | $ 1.2664 |
Income Taxes | $ 0.0162 | $ 0.0197 | $ 0.0199 | $ 0.0364 | $ 0.0375 |
Insurance | $ 0.1329 | $ 0.0698 | $ 0.0609 | $ 0.0721 | $ 0.0873 |
Legal | $ 0.0003 | $ 0.0006 | $ 0.0003 | $ 0.0003 | $ 0.0003 |
Maintenance | $ 0.6678 | $ 0.6976 | $ 0.6832 | $ 0.7249 | $ 0.7026 |
Management Fee | $ 0.5113 | $ 0.5016 | $ 0.5128 | $ 0.5042 | $ 0.5195 |
Member Activities | $ 0.2107 | $ 0.1774 | $ 0.3192 | $ 0.2652 | $ 0.2243 |
Security | $ 0.0772 | $ 0.0572 | $ 0.0391 | $ 0.0445 | $ 0.0604 |
Transportation | $ 0.7078 | $ 0.7266 | $ 0.7853 | $ 0.8145 | $ 0.7764 |
Utilities | $ 0.2237 | $ 0.2392 | $ 0.1711 | $ 0.1728 | $ 0.1774 |
TOTAL OPERATING EXPENSES | $ 4.5043 | $ 4.3755 | $ 4.5007 | $ 4.4378 | $ 4.5173 |
Replacement Fund Components | |||||
Capital Reserves | $ 1.1590 | $ 1.1937 | $ 1.2292 | $ 1.2889 | $ 1.3207 |
Interest Income | $ (0.0007) | $ (0.0004) | $ (0.0300) | $ (0.0310) | |
TOTAL CAPITAL RESERVES BUDGET | $ 1.1590 | $ 1.1930 | $ 1.2288 | $ 1.2589 | $ 1.2897 |
Ad Valorem Taxes | |||||
Estimated | $ 1.8539 | $ 1.8539 | $ 1.8539 | $ 1.9268 | $ 1.9649 |
Actual Adjustment | $ (1.6129) | $ (0.9008) | $ (0.3986) | $ (0.4392) | $ - .00 |
TOTAL AD VALOREM TAXES | $ 0.2410 | $ 0.9531 | $ 1.4553 | $ 1.4876 | $ 1.9649 |