DVC 2005 Budgets For All Resorts - Complete.

[TroyWDW]

<b>Below are the Estimated 2005 Operating Budget Summary Tables for all of the DVC Resorts.

The yellow tables show the budget in "Total Dollars".
The blue tables show the budget in "Dollars per Point".
The green tables show the budget in "Dollars per Room".</b>

<table border="1" cellpadding="3" cellspacing="0" bgcolor="#FFFFCC" width="750"><tr><td><font face="Arial" size="2"><b>Revenues: Total$</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Interest Income</font></td><td align="right"><font face="Arial" size="2">51,783</font></td><td align="right"><font face="Arial" size="2">30,990</font></td><td align="right"><font face="Arial" size="2">20,660</font></td><td align="right"><font face="Arial" size="2">74,615</font></td><td align="right"><font face="Arial" size="2">44,744</font></td><td align="right"><font face="Arial" size="2">16,643</font></td><td align="right"><font face="Arial" size="2">31,726</font></td><td align="right"><font face="Arial" size="2">9,639</font></td></tr><tr><td><font face="Arial" size="2">Member Late Fees</font></td><td align="right"><font face="Arial" size="2">95,595</font></td><td align="right"><font face="Arial" size="2">25,548</font></td><td align="right"><font face="Arial" size="2">31,278</font></td><td align="right"><font face="Arial" size="2">120,374</font></td><td align="right"><font face="Arial" size="2">112,452</font></td><td align="right"><font face="Arial" size="2">38,472</font></td><td align="right"><font face="Arial" size="2">73,338</font></td><td align="right"><font face="Arial" size="2">24,877</font></td></tr><tr><td><font face="Arial" size="2">Breakage Income</font></td><td align="right"><font face="Arial" size="2">445,780</font></td><td align="right"><font face="Arial" size="2">266,472</font></td><td align="right"><font face="Arial" size="2">175,980</font></td><td align="right"><font face="Arial" size="2">592,586</font></td><td align="right"><font face="Arial" size="2">437,300</font></td><td align="right"><font face="Arial" size="2">187,620</font></td><td align="right"><font face="Arial" size="2">254,155</font></td><td align="right"><font face="Arial" size="2">132,674</font></td></tr><tr><td><font face="Arial" size="2">Dues Assessment</font></td><td align="right"><font face="Arial" size="2">14,856,152</font></td><td align="right"><font face="Arial" size="2">8,770,779</font></td><td align="right"><font face="Arial" size="2">5,899,660</font></td><td align="right"><font face="Arial" size="2">19,691,373</font></td><td align="right"><font face="Arial" size="2">12,602,131</font></td><td align="right"><font face="Arial" size="2">5,875,792</font></td><td align="right"><font face="Arial" size="2">8,335,382</font></td><td align="right"><font face="Arial" size="2">4,291,912</font></td></tr><tr><td><font face="Arial" size="2">Developer Subsidy</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">2,182,897</font></td><td align="right"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} 460,684</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Revenues:</b></font></td><td align="right"><font face="Arial" size="2">15,449,310</font></td><td align="right"><font face="Arial" size="2">9,093,790</font></td><td align="right"><font face="Arial" size="2">6,127,577</font></td><td align="right"><font face="Arial" size="2">20,478,948</font></td><td align="right"><font face="Arial" size="2">15,379,524</font></td><td align="right"><font face="Arial" size="2">6,579,212</font></td><td align="right"><font face="Arial" size="2">8,694,601</font></td><td align="right"><font face="Arial" size="2">4,459,102</font></td></tr></table>  <table border="1" cellpadding="3" cellspacing="0" bgcolor="#FFFF99" width="750"><tr><td><font face="Arial" size="2"><b>Costs: Total$</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Admin & Front Desk</font></td><td align="right"><font face="Arial" size="2">2,692,394</font></td><td align="right"><font face="Arial" size="2">1,614,834</font></td><td align="right"><font face="Arial" size="2">1,020,899</font></td><td align="right"><font face="Arial" size="2">2,968,369</font></td><td align="right"><font face="Arial" size="2">3,487,200</font></td><td align="right"><font face="Arial" size="2">1,411,225</font></td><td align="right"><font face="Arial" size="2">1,852,976</font></td><td align="right"><font face="Arial" size="2">969,358</font></td></tr><tr><td><font face="Arial" size="2">Annual Audit</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">13,046</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">10,716</font></td><td align="right"><font face="Arial" size="2">10,716</font></td></tr><tr><td><font face="Arial" size="2">DVC Reservation Component</font></td><td align="right"><font face="Arial" size="2">27,542</font></td><td align="right"><font face="Arial" size="2">17,225</font></td><td align="right"><font face="Arial" size="2">11,195</font></td><td align="right"><font face="Arial" size="2">41,169</font></td><td align="right"><font face="Arial" size="2">16,514</font></td><td align="right"><font face="Arial" size="2">10,712</font></td><td align="right"><font face="Arial" size="2">20,420</font></td><td align="right"><font face="Arial" size="2">8,069</font></td></tr><tr><td><font face="Arial" size="2">Fees to Division / Dues</font></td><td align="right"><font face="Arial" size="2">39,066</font></td><td align="right"><font face="Arial" size="2">21,216</font></td><td align="right"><font face="Arial" size="2">13,872</font></td><td align="right"><font face="Arial" size="2">54,162</font></td><td align="right"><font face="Arial" size="2">22,848</font></td><td align="right"><font face="Arial" size="2">17,850</font></td><td align="right"><font face="Arial" size="2">27,132</font></td><td align="right">^{<u><font face="Arial" size="2" color="#FF0000">1</font></u>}<font face="Arial" size="2"> 85,343</font></td></tr><tr><td><font face="Arial" size="2">Housekeeping</font></td><td align="right"><font face="Arial" size="2">4,047,659</font></td><td align="right"><font face="Arial" size="2">2,473,005</font></td><td align="right"><font face="Arial" size="2">1,574,116</font></td><td align="right"><font face="Arial" size="2">5,248,934</font></td><td align="right"><font face="Arial" size="2">3,594,324</font></td><td align="right"><font face="Arial" size="2">1,318,398</font></td><td align="right"><font face="Arial" size="2">1,832,147</font></td><td align="right"><font face="Arial" size="2">1,007,792</font></td></tr><tr><td><font face="Arial" size="2">Income Taxes</font></td><td align="right"><font face="Arial" size="2">91,396</font></td><td align="right"><font face="Arial" size="2">57,706</font></td><td align="right"><font face="Arial" size="2">38,814</font></td><td align="right"><font face="Arial" size="2">131,814</font></td><td align="right"><font face="Arial" size="2">74,349</font></td><td align="right"><font face="Arial" size="2">37,673</font></td><td align="right"><font face="Arial" size="2">71,814</font></td><td align="right"><font face="Arial" size="2">27,877</font></td></tr><tr><td><font face="Arial" size="2">Insurance</font></td><td align="right"><font face="Arial" size="2">506,847</font></td><td align="right"><font face="Arial" size="2">463,647</font></td><td align="right"><font face="Arial" size="2">315,836</font></td><td align="right"><font face="Arial" size="2">892,570</font></td><td align="right"><font face="Arial" size="2">447,012</font></td><td align="right"><font face="Arial" size="2">379,447</font></td><td align="right"><font face="Arial" size="2">402,522</font></td><td align="right"><font face="Arial" size="2">122,437</font></td></tr><tr><td><font face="Arial" size="2">Legal</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,217</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,000</font></td><td align="right"><font face="Arial" size="2">1,000</font></td></tr><tr><td><font face="Arial" size="2">Maintenance</font></td><td align="right"><font face="Arial" size="2">2,805,856</font></td><td align="right"><font face="Arial" size="2">1,584,199</font></td><td align="right"><font face="Arial" size="2">1,118,158</font></td><td align="right"><font face="Arial" size="2">3,086,868</font></td><td align="right"><font face="Arial" size="2">2,261,179</font></td><td align="right"><font face="Arial" size="2">1,033,346</font></td><td align="right"><font face="Arial" size="2">1,152,062</font></td><td align="right"><font face="Arial" size="2">797,409</font></td></tr><tr><td><font face="Arial" size="2">Management Fee</font></td><td align="right"><font face="Arial" size="2">1,760,499</font></td><td align="right"><font face="Arial" size="2">1,078,608</font></td><td align="right"><font face="Arial" size="2">672,094</font></td><td align="right"><font face="Arial" size="2">2,159,459</font></td><td align="right"><font face="Arial" size="2">1,671,502</font></td><td align="right"><font face="Arial" size="2">783,985</font></td><td align="right"><font face="Arial" size="2">1,062,006</font></td><td align="right"><font face="Arial" size="2">554,386</font></td></tr><tr><td><font face="Arial" size="2">Member Activities</font></td><td align="right"><font face="Arial" size="2">820,824</font></td><td align="right"><font face="Arial" size="2">672,375</font></td><td align="right"><font face="Arial" size="2">224,394</font></td><td align="right"><font face="Arial" size="2">794,155</font></td><td align="right"><font face="Arial" size="2">741,687</font></td><td align="right"><font face="Arial" size="2">639,399</font></td><td align="right"><font face="Arial" size="2">763,937</font></td><td align="right"><font face="Arial" size="2">406,590</font></td></tr><tr><td><font face="Arial" size="2">Sales Tax on Support Facilities</font></td><td align="right"><font face="Arial" size="2">267,219</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Security</font></td><td align="right"><font face="Arial" size="2">216,757</font></td><td align="right"><font face="Arial" size="2">128,716</font></td><td align="right"><font face="Arial" size="2">69,951</font></td><td align="right"><font face="Arial" size="2">524,061</font></td><td align="right"><font face="Arial" size="2">163,174</font></td><td align="right"><font face="Arial" size="2">127,017</font></td><td align="right"><font face="Arial" size="2">213,127</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Transportation</font></td><td align="right"><font face="Arial" size="2">954,093</font></td><td align="right"><font face="Arial" size="2">325,404</font></td><td align="right"><font face="Arial" size="2">590,355</font></td><td align="right"><font face="Arial" size="2">2,955,913</font></td><td align="right"><font face="Arial" size="2">1,455,214</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Utilities</font></td><td align="right"><font face="Arial" size="2">1,207,443</font></td><td align="right"><font face="Arial" size="2">645,137</font></td><td align="right"><font face="Arial" size="2">466,177</font></td><td align="right"><font face="Arial" size="2">1,609,308</font></td><td align="right"><font face="Arial" size="2">1,430,257</font></td><td align="right"><font face="Arial" size="2">808,443</font></td><td align="right"><font face="Arial" size="2">1,284,742</font></td><td align="right"><font face="Arial" size="2">468,124</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Costs:</b></font></td><td align="right"><font face="Arial" size="2">15,449,310</font></td><td align="right"><font face="Arial" size="2">9,093,790</font></td><td align="right"><font face="Arial" size="2">6,127,577</font></td><td align="right"><font face="Arial" size="2">20,478,948</font></td><td align="right"><font face="Arial" size="2">15,379,524</font></td><td align="right"><font face="Arial" size="2">6,579,212</font></td><td align="right"><font face="Arial" size="2">8,694,601</font></td><td align="right"><font face="Arial" size="2">4,459,102</font></td></tr></table><p> </p><table border="1" cellpadding="3" cellspacing="0" bgcolor="#CCFFFF" width="750"><tr><td><font face="Arial" size="2"><b>Revenues: $ per Point</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Interest Income</font></td><td align="right"><font face="Arial" size="2">0.0106</font></td><td align="right"><font face="Arial" size="2">0.0102</font></td><td align="right"><font face="Arial" size="2">0.0105</font></td><td align="right"><font face="Arial" size="2">0.0097</font></td><td align="right"><font face="Arial" size="2">0.0092</font></td><td align="right"><font face="Arial" size="2">0.0103</font></td><td align="right"><font face="Arial" size="2">0.0103</font></td><td align="right"><font face="Arial" size="2">0.0070</font></td></tr><tr><td><font face="Arial" size="2">Member Late Fees</font></td><td align="right"><font face="Arial" size="2">0.0196</font></td><td align="right"><font face="Arial" size="2">0.0084</font></td><td align="right"><font face="Arial" size="2">0.0159</font></td><td align="right"><font face="Arial" size="2">0.0157</font></td><td align="right"><font face="Arial" size="2">0.0230</font></td><td align="right"><font face="Arial" size="2">0.0238</font></td><td align="right"><font face="Arial" size="2">0.0238</font></td><td align="right"><font face="Arial" size="2">0.0182</font></td></tr><tr><td><font face="Arial" size="2">Breakage Income</font></td><td align="right"><font face="Arial" size="2">0.0912</font></td><td align="right"><font face="Arial" size="2">0.0880</font></td><td align="right"><font face="Arial" size="2">0.0897</font></td><td align="right"><font face="Arial" size="2">0.0772</font></td><td align="right"><font face="Arial" size="2">0.0896</font></td><td align="right"><font face="Arial" size="2">0.1161</font></td><td align="right"><font face="Arial" size="2">0.0825</font></td><td align="right"><font face="Arial" size="2">0.0969</font></td></tr><tr><td><font face="Arial" size="2">Dues Assessment</font></td><td align="right"><font face="Arial" size="2">3.0388</font></td><td align="right"><font face="Arial" size="2">2.8974</font></td><td align="right"><font face="Arial" size="2">3.0070</font></td><td align="right"><font face="Arial" size="2">2.5657</font></td><td align="right"><font face="Arial" size="2">2.5816</font></td><td align="right"><font face="Arial" size="2">3.6350</font></td><td align="right"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} 2.7051</font></td><td align="right"><font face="Arial" size="2">3.1351</font></td></tr><tr><td><font face="Arial" size="2">Developer Subsidy</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">0.4472</font></td><td align="right"><font face="Arial" size="2">0.2850</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Revenues:</b></font></td><td align="right"><font face="Arial" size="2">3.1601</font></td><td align="right"><font face="Arial" size="2">3.0041</font></td><td align="right"><font face="Arial" size="2">3.1232</font></td><td align="right"><font face="Arial" size="2">2.6683</font></td><td align="right"><font face="Arial" size="2">3.1506</font></td><td align="right"><font face="Arial" size="2">4.0702</font></td><td align="right"><font face="Arial" size="2">2.8217</font></td><td align="right"><font face="Arial" size="2">3.2573</font></td></tr></table>  <table border="1" cellpadding="3" cellspacing="0" bgcolor="#66FFFF" width="750"><tr><td><font face="Arial" size="2"><b>Costs: $ per Point</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Admin & Front Desk</font></td><td align="right"><font face="Arial" size="2">0.5507</font></td><td align="right"><font face="Arial" size="2">0.5335</font></td><td align="right"><font face="Arial" size="2">0.5203</font></td><td align="right"><font face="Arial" size="2">0.3868</font></td><td align="right"><font face="Arial" size="2">0.7144</font></td><td align="right"><font face="Arial" size="2">0.8730</font></td><td align="right"><font face="Arial" size="2">0.6014</font></td><td align="right"><font face="Arial" size="2">0.7081</font></td></tr><tr><td><font face="Arial" size="2">Annual Audit</font></td><td align="right"><font face="Arial" size="2">0.0022</font></td><td align="right"><font face="Arial" size="2">0.0035</font></td><td align="right"><font face="Arial" size="2">0.0055</font></td><td align="right"><font face="Arial" size="2">0.0014</font></td><td align="right"><font face="Arial" size="2">0.0027</font></td><td align="right"><font face="Arial" size="2">0.0066</font></td><td align="right"><font face="Arial" size="2">0.0035</font></td><td align="right"><font face="Arial" size="2">0.0078</font></td></tr><tr><td><font face="Arial" size="2">DVC Reservation Component</font></td><td align="right"><font face="Arial" size="2">0.0056</font></td><td align="right"><font face="Arial" size="2">0.0057</font></td><td align="right"><font face="Arial" size="2">0.0057</font></td><td align="right"><font face="Arial" size="2">0.0054</font></td><td align="right"><font face="Arial" size="2">0.0034</font></td><td align="right"><font face="Arial" size="2">0.0066</font></td><td align="right"><font face="Arial" size="2">0.0066</font></td><td align="right"><font face="Arial" size="2">0.0059</font></td></tr><tr><td><font face="Arial" size="2">Fees to Division / Dues</font></td><td align="right"><font face="Arial" size="2">0.0080</font></td><td align="right"><font face="Arial" size="2">0.0070</font></td><td align="right"><font face="Arial" size="2">0.0071</font></td><td align="right"><font face="Arial" size="2">0.0071</font></td><td align="right"><font face="Arial" size="2">0.0047</font></td><td align="right"><font face="Arial" size="2">0.0110</font></td><td align="right"><font face="Arial" size="2">0.0088</font></td><td align="right">^{<u><font face="Arial" size="2" color="#FF0000">1</font></u>}<font face="Arial" size="2"> 0.0623</font></td></tr><tr><td><font face="Arial" size="2">Housekeeping</font></td><td align="right"><font face="Arial" size="2">0.8279</font></td><td align="right"><font face="Arial" size="2">0.8170</font></td><td align="right"><font face="Arial" size="2">0.8023</font></td><td align="right"><font face="Arial" size="2">0.6839</font></td><td align="right"><font face="Arial" size="2">0.7363</font></td><td align="right"><font face="Arial" size="2">0.8156</font></td><td align="right"><font face="Arial" size="2">0.5946</font></td><td align="right"><font face="Arial" size="2">0.7362</font></td></tr><tr><td><font face="Arial" size="2">Income Taxes</font></td><td align="right"><font face="Arial" size="2">0.0187</font></td><td align="right"><font face="Arial" size="2">0.0191</font></td><td align="right"><font face="Arial" size="2">0.0198</font></td><td align="right"><font face="Arial" size="2">0.0172</font></td><td align="right"><font face="Arial" size="2">0.0152</font></td><td align="right"><font face="Arial" size="2">0.0233</font></td><td align="right"><font face="Arial" size="2">0.0233</font></td><td align="right"><font face="Arial" size="2">0.0204</font></td></tr><tr><td><font face="Arial" size="2">Insurance</font></td><td align="right"><font face="Arial" size="2">0.1037</font></td><td align="right"><font face="Arial" size="2">0.1532</font></td><td align="right"><font face="Arial" size="2">0.1610</font></td><td align="right"><font face="Arial" size="2">0.1163</font></td><td align="right"><font face="Arial" size="2">0.0916</font></td><td align="right"><font face="Arial" size="2">0.2347</font></td><td align="right"><font face="Arial" size="2">0.1306</font></td><td align="right"><font face="Arial" size="2">0.0894</font></td></tr><tr><td><font face="Arial" size="2">Legal</font></td><td align="right"><font face="Arial" size="2">0.0002</font></td><td align="right"><font face="Arial" size="2">0.0003</font></td><td align="right"><font face="Arial" size="2">0.0005</font></td><td align="right"><font face="Arial" size="2">0.0001</font></td><td align="right"><font face="Arial" size="2">0.0002</font></td><td align="right"><font face="Arial" size="2">0.0006</font></td><td align="right"><font face="Arial" size="2">0.0003</font></td><td align="right"><font face="Arial" size="2">0.0007</font></td></tr><tr><td><font face="Arial" size="2">Maintenance</font></td><td align="right"><font face="Arial" size="2">0.5739</font></td><td align="right"><font face="Arial" size="2">0.5233</font></td><td align="right"><font face="Arial" size="2">0.5699</font></td><td align="right"><font face="Arial" size="2">0.4022</font></td><td align="right"><font face="Arial" size="2">0.4632</font></td><td align="right"><font face="Arial" size="2">0.6393</font></td><td align="right"><font face="Arial" size="2">0.3739</font></td><td align="right"><font face="Arial" size="2">0.5825</font></td></tr><tr><td><font face="Arial" size="2">Management Fee</font></td><td align="right"><font face="Arial" size="2">0.3601</font></td><td align="right"><font face="Arial" size="2">0.3563</font></td><td align="right"><font face="Arial" size="2">0.3426</font></td><td align="right"><font face="Arial" size="2">0.2814</font></td><td align="right"><font face="Arial" size="2">0.3424</font></td><td align="right"><font face="Arial" size="2">0.4850</font></td><td align="right"><font face="Arial" size="2">0.3447</font></td><td align="right"><font face="Arial" size="2">0.4050</font></td></tr><tr><td><font face="Arial" size="2">Member Activities</font></td><td align="right"><font face="Arial" size="2">0.1679</font></td><td align="right"><font face="Arial" size="2">0.2221</font></td><td align="right"><font face="Arial" size="2">0.1144</font></td><td align="right"><font face="Arial" size="2">0.1035</font></td><td align="right"><font face="Arial" size="2">0.1519</font></td><td align="right"><font face="Arial" size="2">0.3956</font></td><td align="right"><font face="Arial" size="2">0.2479</font></td><td align="right"><font face="Arial" size="2">0.2970</font></td></tr><tr><td><font face="Arial" size="2">Sales Tax on Support Facilities</font></td><td align="right"><font face="Arial" size="2">0.0547</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Security</font></td><td align="right"><font face="Arial" size="2">0.0443</font></td><td align="right"><font face="Arial" size="2">0.0425</font></td><td align="right"><font face="Arial" size="2">0.0357</font></td><td align="right"><font face="Arial" size="2">0.0683</font></td><td align="right"><font face="Arial" size="2">0.0334</font></td><td align="right"><font face="Arial" size="2">0.0786</font></td><td align="right"><font face="Arial" size="2">0.0692</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Transportation</font></td><td align="right"><font face="Arial" size="2">0.1952</font></td><td align="right"><font face="Arial" size="2">0.1075</font></td><td align="right"><font face="Arial" size="2">0.3009</font></td><td align="right"><font face="Arial" size="2">0.3851</font></td><td align="right"><font face="Arial" size="2">0.2981</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Utilities</font></td><td align="right"><font face="Arial" size="2">0.2470</font></td><td align="right"><font face="Arial" size="2">0.2131</font></td><td align="right"><font face="Arial" size="2">0.2376</font></td><td align="right"><font face="Arial" size="2">0.2097</font></td><td align="right"><font face="Arial" size="2">0.2930</font></td><td align="right"><font face="Arial" size="2">0.5001</font></td><td align="right"><font face="Arial" size="2">0.4169</font></td><td align="right"><font face="Arial" size="2">0.3420</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Costs:</b></font></td><td align="right"><font face="Arial" size="2">3.1601</font></td><td align="right"><font face="Arial" size="2">3.0041</font></td><td align="right"><font face="Arial" size="2">3.1232</font></td><td align="right"><font face="Arial" size="2">2.6683</font></td><td align="right"><font face="Arial" size="2">3.1506</font></td><td align="right"><font face="Arial" size="2">4.0702</font></td><td align="right"><font face="Arial" size="2">2.8217</font></td><td align="right"><font face="Arial" size="2">3.2573</font></td></tr></table><p> </p><table border="1" cellpadding="3" cellspacing="0" bgcolor="#CCFFCC" width="750"><tr><td><b><font face="Arial" size="2">Number of Rooms</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">383</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">208</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">136</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">531</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">307</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">175</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">266</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">102</font></b></td></tr><tr><td><font face="Arial" size="2"><b>Revenues: $ per Room</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Interest Income</font></td><td align="right"><font face="Arial" size="2">135</font></td><td align="right"><font face="Arial" size="2">149</font></td><td align="right"><font face="Arial" size="2">152</font></td><td align="right"><font face="Arial" size="2">141</font></td><td align="right"><font face="Arial" size="2">146</font></td><td align="right"><font face="Arial" size="2">95</font></td><td align="right"><font face="Arial" size="2">119</font></td><td align="right"><font face="Arial" size="2">95</font></td></tr><tr><td><font face="Arial" size="2">Member Late Fees</font></td><td align="right"><font face="Arial" size="2">250</font></td><td align="right"><font face="Arial" size="2">123</font></td><td align="right"><font face="Arial" size="2">230</font></td><td align="right"><font face="Arial" size="2">227</font></td><td align="right"><font face="Arial" size="2">366</font></td><td align="right"><font face="Arial" size="2">220</font></td><td align="right"><font face="Arial" size="2">276</font></td><td align="right"><font face="Arial" size="2">244</font></td></tr><tr><td><font face="Arial" size="2">Breakage Income</font></td><td align="right"><font face="Arial" size="2">1,164</font></td><td align="right"><font face="Arial" size="2">1,281</font></td><td align="right"><font face="Arial" size="2">1,294</font></td><td align="right"><font face="Arial" size="2">1,116</font></td><td align="right"><font face="Arial" size="2">1,424</font></td><td align="right"><font face="Arial" size="2">1,072</font></td><td align="right"><font face="Arial" size="2">955</font></td><td align="right"><font face="Arial" size="2">1,301</font></td></tr><tr><td><font face="Arial" size="2">Dues Assessment</font></td><td align="right"><font face="Arial" size="2">38,789</font></td><td align="right"><font face="Arial" size="2">42,167</font></td><td align="right"><font face="Arial" size="2">43,380</font></td><td align="right"><font face="Arial" size="2">37,084</font></td><td align="right"><font face="Arial" size="2">41,049</font></td><td align="right"><font face="Arial" size="2">33,576</font></td><td align="right"><font face="Arial" size="2">31,336</font></td><td align="right"><font face="Arial" size="2">42,078</font></td></tr><tr><td><font face="Arial" size="2">Developer Subsidy</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">7,110</font></td><td align="right"><font face="Arial" size="2">2,632</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Revenues:</b></font></td><td align="right"><font face="Arial" size="2">40,338</font></td><td align="right"><font face="Arial" size="2">43,720</font></td><td align="right"><font face="Arial" size="2">45,056</font></td><td align="right"><font face="Arial" size="2">38,567</font></td><td align="right"><font face="Arial" size="2">50,096</font></td><td align="right"><font face="Arial" size="2">37,595</font></td><td align="right"><font face="Arial" size="2">32,686</font></td><td align="right"><font face="Arial" size="2">43,717</font></td></tr></table>  <table border="1" cellpadding="3" cellspacing="0" bgcolor="#99FF99" width="750"><tr><td><b><font face="Arial" size="2">Number of Rooms</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>383</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>208</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>136</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>531</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>307</b></font></td><td align="center" width="66"><b><font face="Arial" size="2">175</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">266</font></b></td><td align="center" width="66"><b><font face="Arial" size="2">102</font></b></td></tr><tr><td><font face="Arial" size="2"><b>Costs: $ per Room</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BWV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>BCV</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>VWL</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>OKW</b></font></td><td align="center" width="66"><font face="Arial" size="2"><b>SSR</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>} <b>VB-175</b></font></td><td align="center" width="66"><font face="Arial" size="2">^{<u><font color="#FF0000">3</font></u>} <b>VB</b></font><b><font face="Arial" size="2">-266</font></b></td><td align="center" width="66"><font face="Arial" size="2"><b>HH</b></font></td></tr><tr><td><font face="Arial" size="2">Admin & Front Desk</font></td><td align="right"><font face="Arial" size="2">7,030</font></td><td align="right"><font face="Arial" size="2">7,764</font></td><td align="right"><font face="Arial" size="2">7,507</font></td><td align="right"><font face="Arial" size="2">5,590</font></td><td align="right"><font face="Arial" size="2">11,359</font></td><td align="right"><font face="Arial" size="2">8,064</font></td><td align="right"><font face="Arial" size="2">6,966</font></td><td align="right"><font face="Arial" size="2">9,504</font></td></tr><tr><td><font face="Arial" size="2">Annual Audit</font></td><td align="right"><font face="Arial" size="2">28</font></td><td align="right"><font face="Arial" size="2">52</font></td><td align="right"><font face="Arial" size="2">79</font></td><td align="right"><font face="Arial" size="2">20</font></td><td align="right"><font face="Arial" size="2">42</font></td><td align="right"><font face="Arial" size="2">61</font></td><td align="right"><font face="Arial" size="2">40</font></td><td align="right"><font face="Arial" size="2">105</font></td></tr><tr><td><font face="Arial" size="2">DVC Reservation Component</font></td><td align="right"><font face="Arial" size="2">72</font></td><td align="right"><font face="Arial" size="2">83</font></td><td align="right"><font face="Arial" size="2">82</font></td><td align="right"><font face="Arial" size="2">78</font></td><td align="right"><font face="Arial" size="2">54</font></td><td align="right"><font face="Arial" size="2">61</font></td><td align="right"><font face="Arial" size="2">77</font></td><td align="right"><font face="Arial" size="2">79</font></td></tr><tr><td><font face="Arial" size="2">Fees to Division / Dues</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right"><font face="Arial" size="2">74</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right"><font face="Arial" size="2">102</font></td><td align="right">^{<u><font face="Arial" size="2" color="#FF0000">1</font></u>}<font face="Arial" size="2"> 837</font></td></tr><tr><td><font face="Arial" size="2">Housekeeping</font></td><td align="right"><font face="Arial" size="2">10,568</font></td><td align="right"><font face="Arial" size="2">11,889</font></td><td align="right"><font face="Arial" size="2">11,574</font></td><td align="right"><font face="Arial" size="2">9,885</font></td><td align="right"><font face="Arial" size="2">11,708</font></td><td align="right"><font face="Arial" size="2">7,534</font></td><td align="right"><font face="Arial" size="2">6,888</font></td><td align="right"><font face="Arial" size="2">9,880</font></td></tr><tr><td><font face="Arial" size="2">Income Taxes</font></td><td align="right"><font face="Arial" size="2">239</font></td><td align="right"><font face="Arial" size="2">277</font></td><td align="right"><font face="Arial" size="2">285</font></td><td align="right"><font face="Arial" size="2">248</font></td><td align="right"><font face="Arial" size="2">242</font></td><td align="right"><font face="Arial" size="2">215</font></td><td align="right"><font face="Arial" size="2">270</font></td><td align="right"><font face="Arial" size="2">273</font></td></tr><tr><td><font face="Arial" size="2">Insurance</font></td><td align="right"><font face="Arial" size="2">1,323</font></td><td align="right"><font face="Arial" size="2">2,229</font></td><td align="right"><font face="Arial" size="2">2,322</font></td><td align="right"><font face="Arial" size="2">1,681</font></td><td align="right"><font face="Arial" size="2">1,456</font></td><td align="right"><font face="Arial" size="2">2,168</font></td><td align="right"><font face="Arial" size="2">1,513</font></td><td align="right"><font face="Arial" size="2">1,200</font></td></tr><tr><td><font face="Arial" size="2">Legal</font></td><td align="right"><font face="Arial" size="2">3</font></td><td align="right"><font face="Arial" size="2">5</font></td><td align="right"><font face="Arial" size="2">7</font></td><td align="right"><font face="Arial" size="2">2</font></td><td align="right"><font face="Arial" size="2">4</font></td><td align="right"><font face="Arial" size="2">6</font></td><td align="right"><font face="Arial" size="2">4</font></td><td align="right"><font face="Arial" size="2">10</font></td></tr><tr><td><font face="Arial" size="2">Maintenance</font></td><td align="right"><font face="Arial" size="2">7,326</font></td><td align="right"><font face="Arial" size="2">7,616</font></td><td align="right"><font face="Arial" size="2">8,222</font></td><td align="right"><font face="Arial" size="2">5,813</font></td><td align="right"><font face="Arial" size="2">7,365</font></td><td align="right"><font face="Arial" size="2">5,905</font></td><td align="right"><font face="Arial" size="2">4,331</font></td><td align="right"><font face="Arial" size="2">7,818</font></td></tr><tr><td><font face="Arial" size="2">Management Fee</font></td><td align="right"><font face="Arial" size="2">4,597</font></td><td align="right"><font face="Arial" size="2">5,186</font></td><td align="right"><font face="Arial" size="2">4,942</font></td><td align="right"><font face="Arial" size="2">4,067</font></td><td align="right"><font face="Arial" size="2">5,445</font></td><td align="right"><font face="Arial" size="2">4,480</font></td><td align="right"><font face="Arial" size="2">3,993</font></td><td align="right"><font face="Arial" size="2">5,435</font></td></tr><tr><td><font face="Arial" size="2">Member Activities</font></td><td align="right"><font face="Arial" size="2">2,143</font></td><td align="right"><font face="Arial" size="2">3,233</font></td><td align="right"><font face="Arial" size="2">1,650</font></td><td align="right"><font face="Arial" size="2">1,496</font></td><td align="right"><font face="Arial" size="2">2,416</font></td><td align="right"><font face="Arial" size="2">3,654</font></td><td align="right"><font face="Arial" size="2">2,872</font></td><td align="right"><font face="Arial" size="2">3,986</font></td></tr><tr><td><font face="Arial" size="2">Sales Tax on Support Facilities</font></td><td align="right"><font face="Arial" size="2">698</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Security</font></td><td align="right"><font face="Arial" size="2">566</font></td><td align="right"><font face="Arial" size="2">619</font></td><td align="right"><font face="Arial" size="2">514</font></td><td align="right"><font face="Arial" size="2">987</font></td><td align="right"><font face="Arial" size="2">532</font></td><td align="right"><font face="Arial" size="2">726</font></td><td align="right"><font face="Arial" size="2">801</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Transportation</font></td><td align="right"><font face="Arial" size="2">2,491</font></td><td align="right"><font face="Arial" size="2">1,564</font></td><td align="right"><font face="Arial" size="2">4,341</font></td><td align="right"><font face="Arial" size="2">5,567</font></td><td align="right"><font face="Arial" size="2">4,740</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td><td align="right"><font face="Arial" size="2">NA</font></td></tr><tr><td><font face="Arial" size="2">Utilities</font></td><td align="right"><font face="Arial" size="2">3,153</font></td><td align="right"><font face="Arial" size="2">3,102</font></td><td align="right"><font face="Arial" size="2">3,428</font></td><td align="right"><font face="Arial" size="2">3,031</font></td><td align="right"><font face="Arial" size="2">4,659</font></td><td align="right"><font face="Arial" size="2">4,620</font></td><td align="right"><font face="Arial" size="2">4,830</font></td><td align="right"><font face="Arial" size="2">4,589</font></td></tr><tr><td align="right"><font face="Arial" size="2"><b>Total Costs:</b></font></td><td align="right"><font face="Arial" size="2">40,338</font></td><td align="right"><font face="Arial" size="2">43,720</font></td><td align="right"><font face="Arial" size="2">45,056</font></td><td align="right"><font face="Arial" size="2">38,567</font></td><td align="right"><font face="Arial" size="2">50,096</font></td><td align="right"><font face="Arial" size="2">37,595</font></td><td align="right"><font face="Arial" size="2">32,686</font></td><td align="right"><font face="Arial" size="2">43,717</font></td></tr></table><p>^{<u><font face="Arial" size="2" color="#FF0000">1</font></u>}<font face="Arial" size="2">  HH had no "Fees to Division" category, but does have "Association Dues/Fees". These fees cover payments to master associations at HH that provide security, road maintenance, landscaping and other services for the Palmetto Dunes Resort and Shelter Cove planned developments.</font></p><p><font face="Arial" size="2">^{<u><font color="#FF0000">2</font></u>}  </font><b>Developer Subsidy and Guarantee for Owners who purchased <font color="#0000FF">on or after 1/1/96</font><br></b>In an effort to afford all existing owners and current purchasers with a fair and equitable dues assessment, DVD has agreed to subsidize the 2005 estimated Annual Operating Budget in the amount of $.2850 per Vacation Point, and, therefore, your 2005 operating assessment will be calculated by multiplying the number of Vacation Points associated with your Ownership Interest by $3.6350 per Vacation Point. DVD does not make any commitment that it will add additional phases to the Condominium or that it will elect to subsidize the Annual Operating Budget in future budget years beyond December 31, 2005. </p><p><font face="Arial" size="2"><br>^{<u><font color="#FF0000">3</font></u>}  </font><b>Developer Subsidy for Vero Beach Owners who purchased <font color="#0000FF">prior to 1/1/96</font><br></b>Estimated Subsidy Calculation = ($3.6350 - $2.7051 = $0.9299)<br>The Vero Beach Resort is structured as a phased condominium, and currently only 175 Vacation Homes have actually been made part of the Condominium. The Condominium also currently includes most of the necessary facilities and infrastructure and provides for most of the necessary services to support the entire project upon build-out. Therefore, as with any similar phased condominium, Common Expenses are higher in the early phases of development. </p><p>The amount of the developer contributed subsidy as set forth in this Annual Budget is an estimated amount only. The actual amount of the developer contributed subsidy to be paid by DVD will be equal to the amount necessary to pay the difference between the actual Operating Budget determined on a per Vacation Point basis based on 175 Vacation Homes and the actual Operating Budget determined on a per Vacation Point basis based upon 266 Vacation Homes. The obligation of DVD to commit to pay this subsidy during the subsidy period is a matter of private contract between DVD and Owners who purchased prior to 1/1/96. DVD does not offer this subsidy to Owners who purchase on or after 1/1/96. </p><p>By basing the net annual operating assessment for the budget year 2005 on the presumption that 266 Vacation Homes will be declared into the condominium, DVD is able to provide Owners who purchased prior to 1/1/96 with a lower annual operation assessment. However, DVD does not make any commitment that it will ever add any additional phases or Vacation Homes to the Condominium. As a consequence of this subsidy, assessments during the subsidy period for Owners who purchased prior to 1/1/96 will not exceed an amount on a per Vacation Point basis equal to the Owners' share of the actual Common Expenses determined as if there were 266 Vacation Homes declared into the Condominium. <br> </p>

 

[TroyWDW]

We would like to compile the Budget Information for each DVC Resort into a summary table as seen in the message at the top. But we need your help.

<b>Could an owner from each DVC resort please help provide the 2005 budget information. Thank you</b> :thewave:

You can quote this message in your reply and then fill-in the information after each line. I'll convert your entries into the table listed in the very first message. Thanks again for your help.

<b>Please fill in the Name and Number of homes</b>
0) Name of the DVC Resort (OKW, BCV, etc.) =
1) Total Number of Homes =

<b>Two entries for each line below: Total$ and $/Point</b>
For example: 2) Interest Income = 2,692,394 0.5507

2) Interest Income =
3) Member Late Fees =
4) Breakage Income =
5) Dues Assessment =
6) Total Revenues =

7) Admin & Front Desk =
8) Annual Audit =
9) DVC Reservation Component =
10) Fees to Division =
11) Housekeeping =
12) Income Taxes =
13) Insurance =
14) Legal =
15) Maintenance =
16) Management Fee =
17) Member Activities =
18) Sales Tax on Support Facilities =
19) Security =
20) Transportation =
21) Utilities =
22) Total Expenses =

 

[disneyberry]

<font face="times" size="+0">TroyWDW, I was just compiling some of this data based on your post from last year, and thinking how I was hoping you would try to collect all this data again since it really helped us last year. So I'm very glad to see this post!

I wanted to ask if you were planning to make an additional table showing cost per Vacation Home (i.e. cost per Unit)?

Also, would it be beneficial to collect the Capital Reserves numbers?

BTW, did you ever get the VWL and SSR numbers from someone for 2004?</font>

 

[jctwizzer]

I would be interested in knowing how this information
"really helps"
Thanks

 

[disneyberry]

Originally posted by jctwizzer
I would be interested in knowing how this information
"really helps"
Thanks

<font face="times" size="+0">Um... I can't tell if you're kidding or being sarcastic... If you're really being serious, here's why it helps:
It helps for those of us who like or care to analyze the numbers (after all, it's nice to have some idea of what we're paying for) even if it seems extremely tedious/boring/pointless to others. Also, last year, because TroyWDW bothered to gather the data from the different resorts, a few people were able to spot a huge difference between BCV and BWV's Transportation budget that seemed problematic. A member on this board took the time + energy and brought it to the attention of DVC Mgmt who worked to supposedly correct the issue. We'll see how that all works out w/ this years' numbers comparison. </font>

 

[TroyWDW]

Originally posted by disneyberry<font face="times" size="+0">
TroyWDW, I was just compiling some of this data based on your post from last year, and thinking how I was hoping you would try to collect all this data again since it really helped us last year. So I'm very glad to see this post!

I wanted to ask if you were planning to make an additional table showing cost per Vacation Home (i.e. cost per Unit)?

Yes, I'd thought about that. You'll note that the second question asks for the number of homes.

Also, would it be beneficial to collect the Capital Reserves numbers?

Another good suggestion. I was considering this also and was going to wait to see how the response was from others.

BTW, did you ever get the VWL and SSR numbers from someone for 2004?</font> [/B]

Unfortunately, no.

 

[JimC]

OKW 2005 Revenues
II 74,615 0.0097
MLF 120,374 0.0157
BI 592.586 0.0772
DAR 19,691,373 2.5657
Total 20,478,948 2.6683

 

[JimC]

OKW 2005 Costs

Admin 2,968,369 0.3868
Audit 10,716 0.0014
Reservation 41,619 0.0054
Fees to division 54,162 0.0071
Housekeeping 5,248,934 0.6839
Income Taxes 131,814 0.0172
Insurance 892,570 0.1163
Legal 1,000 0.0001
Maintenance 3,086,868 0.4022
Management fee 2,159,459 0.2814
Member activities 794,155 0.1035
Security 524,061 0.0683
Transportation 2,955913 0.3851
Utilities 1,609,308 0.2097
Total 20,478,948 2.6683

 

[TroyWDW]

Originally posted by jctwizzer
I would be interested in knowing how this information
"really helps"
Thanks

I'm not quite sure what you are asking. But here's my thoughts...

Some folks have a greater interest in how the finances are handled by DVCMC. My viewpoint is that I'm paying DVCMC to operate my property (I'm more owner-centric). In general, I'm a curious person. I also have some specialized training in doing data analysis. I think there are many other owners who are also interested in the financial aspects of our property.

I also believe that the finances should be correct. Errors, either in the owner's favor or not in the owner's favor should be corrected. Last year, this simple exercise revealed an obvious mistake in the transportation budget for BCV/BWV. Yes, the financial manager, the auditors, etc. all missed the obvious. Paul took the time to contact DVCMC and ask them to explain the budget numbers. There were several denials and incorrect explanations by DVCMC initially. But, the truth of the data was unavoidable. In the end, DVCMC admitted that there had been a longstanding mistake and took action to correct it.

In general, I think data is knowledge. By comparing the numbers we can analyze on a general level how our properties are being operated. It is one way to optimize the operation of all of the DVC properties.

I don't know if I've answered your question, but I've tried to explain what motivates me to invest the time in doing this exercise.

Troy

 

[JimC]

OKW numbers based on 531 vacation homes


Dues are 3.8619
Operating 2.5657
Capital reserves 0.4455
Ad Valorem taxes 0.8507

Total points issued 7,674,900 rounded

 

[TroyWDW]

JimC,

Thanks for posting the OKW numbers. I've added them to the table.

For BWV we had a line item called: Sales Tax on Support Facilities

I just wanted to double-check that OKW does not have this line item.

Troy

 

[mjfox]

I know the meetings are coming up soon.

I'm a BCV owner and where do I go to get this information for you? To date I have not received anything from DVC on the budget for next year.

 

[JimC]

Originally posted by TroyWDW
JimC,

Thanks for posting the OKW numbers. I've added them to the table.

For BWV we had a line item called: Sales Tax on Support Facilities

I just wanted to double-check that OKW does not have this line item.

Troy

No such line item at OKW. Maybe only the shared DVC/WDW resorts have this line item.

 

[jctwizzer]

Originally posted by TroyWDW
I'm not quite sure what you are asking. But here's my thoughts...
.... By comparing the numbers we can analyze on a general level how our properties are being operated. It is one way to optimize the operation of all of the DVC properties. ]

The reason I asked!!! Over the years, the variation in dues for most people has varied by, maybe, $80 bucks a year, which translates into about $7 bucks a month. And you're doing in depth analysis for those dollars, which in my view is overkill. Now, you may have found one presentation anomaly with all those years of searching but, did it change the amounts anyone paid....I don't think so. And since Disney controls the whole thing anyway, the chance of having a significant impact on anything as the result of your efforts is virtually zero. Consequently, I don't see it as "one way to optimize...operation." ----Probably just another example of how different people view things.

Having said all that, I don't totally ignore the numbers---I usually make a quick comparison when the dues statements show up. And with our membership going back to 1992, I don't recall anything I considered a major deviation from what I expected based on circumstances.

I wasn't trying to be sarcastic. I thought maybe there was a reason that hadn't occurred to me; but that doesn't seem to be the case. And since it seems more of a hobby than anything else, -----go for it

 

[kweaver]

1) Total Number of Homes = 307 SSR
2) Interest Income = 44744 .0092
3) Member Late Fees = 112452 .0230
4) Breakage Income = 437300 .0896
5) Dues Assessment = 12,602,131 2.5816
> Developer Subsidy=2,182,897 .4472
6) Total Revenues = 15,379,524 3.1506

7) Admin & Front Desk = 3,487,200 .7144
8) Annual Audit = 13,046 .0027
9) DVC Reservation Component = 16514 .0034
10) Fees to Division = 22848 .0047
11) Housekeeping = 3,594,324 .7363
12) Income Taxes = 74349 .0152
13) Insurance = 447012 .0916
14) Legal = 1217 .0002
15) Maintenance = 2,261,179 .4632
16) Management Fee = 1,671,502 .3424
17) Member Activities = 741,687 .1519
18) Sales Tax on Support Facilities = NA
19) Security = 163,174 .0334
20) Transportation = 1,455,214 .2981
21) Utilities = 1,430,257 .2930
22) Total Expenses = 15,379,524 3.1506

 

[kweaver]

An FYI in case anyone is wondering...

SSR Developer Subsidy and Guarantee footnote:

In an effort to afford all existing Owners and current Purchasers with a fair and equitable dues assessment, DVD has agreed to subsidize the 2005 estimated Annual Operating Budget in the amount of 0.4472 per vacation point, and, therefore, your 2005 operating assessment will be calculated by multiplying the number of vacation points associated with your Ownership Interest by 2.5816 per Vacation Point. DVD does not make any committment that it will add additional phases to the Condominium or that it will elect to subsidize the Annual Operating Budget in future budget years beyond December 31, 2005.

The obligation of DVD to provide this subsidy is a matter of private contract among DVD, current Purchasers and the Association (as to existing Owners). DVD reserves the right to discontinue offering this subsidized operating assessment in the future.

DVD has further agreed to guarantee to each Purchaser and Owner that they will only be required to pay an assessment for operating expenses of 2.5816 per Vacation Point through December 31, 2005. In condsideration of the guarantee and pursuant to Florida law, DVD will be excused from the payment of its share of the expenses which otherwise would have been assessed against the unsold Ownership Interests during the term of the guarantee. <snip>

It goes on with a CYA paragraph saying that DVD will pay expenses out of their subsidy...but won't pay for unexpected expenses due to an act of God, etc.

 

[Doug7856]

Originally posted by kweaver
An FYI in case anyone is wondering...

SSR Developer Subsidy and Guarantee footnote:

In an effort to afford all existing Owners and current Purchasers with a fair and equitable dues assessment, DVD has agreed to subsidize the 2005 estimated Annual Operating Budget in the amount of 0.4472 per vacation point, and, therefore, your 2005 operating assessment will be calculated by multiplying the number of vacation points associated with your Ownership Interest by 2.5816 per Vacation Point. DVD does not make any committment that it will add additional phases to the Condominium or that it will elect to subsidize the Annual Operating Budget in future budget years beyond December 31, 2005.

The obligation of DVD to provide this subsidy is a matter of private contract among DVD, current Purchasers and the Association (as to existing Owners). DVD reserves the right to discontinue offering this subsidized operating assessment in the future.

DVD has further agreed to guarantee to each Purchaser and Owner that they will only be required to pay an assessment for operating expenses of 2.5816 per Vacation Point through December 31, 2005. In condsideration of the guarantee and pursuant to Florida law, DVD will be excused from the payment of its share of the expenses which otherwise would have been assessed against the unsold Ownership Interests during the term of the guarantee. <snip>

It goes on with a CYA paragraph saying that DVD will pay expenses out of their subsidy...but won't pay for unexpected expenses due to an act of God, etc.

Thanks for posting this kweaver! I didn't recall being told that DVD was subsidizing our dues when we purchased. I suppose that the information is somewhere in all of the documents we received! LOL I guess that when the resort is sold out we should expect to pay the full dues — if not sooner.

 

[kweaver]

I didn't know either! We purchase in October 03 with a Feb use year...and dues were pro-rated for the 04 year.

I'm no expert, but it looks like they subsidized because they didn't want to pay the expenses on the unsold portion (which, I guess,would have cost more than the subsidy). I'm sure there is something in the timeshare laws that provide for this kind of thing.

I'm just happy my bill will be less!

Interesting that they included a statement about additional phases and how they are not guaranteed.

I'm trying to figure out how the SSR front desk expenses are 500K more than OKW.

 

[TroyWDW]

Thanks Katie for providing the SSR information.

Troy

 

[MMcCarthy]

1) Total Number of Homes = 175 Vacation Homes
2) Interest Income = 16,643
3) Member Late Fees = 38,472
4) Breakage Income = 187,620
5) Dues Assessment = 5,875,792
> Developer Subsidy=460,684
6) Total Revenues = 6,579,212

7) Admin & Front Desk = 1,411,225
8) Annual Audit = 10,716
9) DVC Reservation Component = 10,712
10) Fees to Division = 17,850
11) Housekeeping = 1,318,398
12) Income Taxes = 37,673
13) Insurance = 379,447
14) Legal = 1,000
15) Maintenance = 1,033,346
16) Management Fee = 783,985
17) Member Activities = 639,399
18) Sales Tax on Support Facilities = NA
19) Security = 127,017
20) Transportation = NA
21) Utilities = 808,443
22) Total Expenses = 6,579,212

Build-out

1) Total Number of Homes = 266 Vacation Homes
2) Interest Income = 31,726
3) Member Late Fees = 73,338
4) Breakage Income = 254,155
5) Dues Assessment = 8,335,382
> Developer Subsidy=NA
6) Total Revenues = 8,694,601

7) Admin & Front Desk = 1,852,976
8) Annual Audit = 10,716
9) DVC Reservation Component = 20,420
10) Fees to Division = 27,132
11) Housekeeping = 1,832,147
12) Income Taxes = 71,814
13) Insurance = 402,522
14) Legal = 1,000
15) Maintenance = 1,152,062
16) Management Fee = 1,062,006
17) Member Activities = 763,937
18) Sales Tax on Support Facilities = NA
19) Security = 213,127
20) Transportation = na
21) Utilities = 1,284,742
22) Total Expenses = 8,694,601