DVC 2012 Dues

[DebbieB]

Correct me if I am wrong, but, for those of us owning at the AKV, Dont we have a lot of animals to feed and care for. The costs must be staggering and subject to increases not usually associated with your average property. Perhaps the large increase simply went, in part, to offset increased animal husbandry costs(food,medical etc.).

See this thread for the breakdown:

http://www.disboards.com/showthread.php?t=2838591

There is a category for animal programs.

 

[wdrl]

Correct me if I am wrong, but, for those of us owning at the AKV, Dont we have a lot of animals to feed and care for. The costs must be staggering and subject to increases not usually associated with your average property. Perhaps the large increase simply went, in part, to offset increased animal husbandry costs(food,medical etc.).

In 2012's proposed budget, AKV's Animal Programs budget is increasing 6.56% from $0.2713 to $0.2891 per point. This increase is less than the overall increase of 8.40% in AKV's 2012 budget.

 

[Duchie]

Wasn't there another VB category? Subsidized or something? I though there was a separate category that had a different dues amount. Anyone know what that is now?

 

[chalee94]

Wasn't there another VB category? Subsidized or something? I though there was a separate category that had a different dues amount. Anyone know what that is now?

the DVC Resource Thread is a useful place to check.

 

[taaren]

Any more information/speculation on the high dues raise for AKV/BLT/VGC after the member meeting?

 

[DVC Mike]

During the Q&A session for the budgets, several questions were raised about the higher than average increases in annual dues. They indicated that the two largest components behind the increases were higher labor costs (medical plans) and higher property taxes.

Someone asked why we're seeing double-digit property tax increases when many parts of the country are seeing small single-digit increases or even decreases. They said the taxes are based on the property valuation, and that the valuation is based upon current sales.

No one asked if the current sales was just direct sales by Disney Vacation Development (DVD), or all sales including the resales market. Yes, DVD's prices have gone up, but resale prices have slipped. If you took a look at the sales prices of all deeds recorded, would you really see double-digit increases in property valuations?

Does DVC have a case to appeal the higher valuation/taxes?

 

[Muhlenberg]

During the Q&A session for the budgets, several questions were raised about the higher than average increases in annual dues. They indicated that the two largest components behind the increases were higher labor costs (medical plans) and higher property taxes.

Someone asked why we're seeing double-digit property tax increases when many parts of the country are seeing small single-digit increases or even decreases. They said the taxes are based on the property valuation, and that the valuation is based upon current sales.

No one asked if the current sales was just direct sales by Disney Vacation Development (DVD), or all sales including the resales market. Yes, DVD's prices have gone up, but resale prices have slipped. If you took a look at the sales prices of all deeds recorded, would you really see double-digit increases in property valuations?

Does DVC have a case to appeal the higher valuation/taxes?

If it's just DVD sales expressed in dollars (and not resale, too), then it would seem that DVD is controlling the property taxes, since they SET the price, and it's not necessarily set by "whatever the market will bear."

That would seem artificially inflated to me. But then again, I have no idea how it works with other timeshares.

Another question comes to mind... are the taxes we pay a portion of what DVD is charged?

 

[tjkraz]

Any more information/speculation on the high dues raise for AKV/BLT/VGC after the member meeting?

VGC was noted due to increases in earthquake insurance premiums.

On AKV and BLT, the guest balance or "mix" between DVC members and hotel guests was adjusted. Charges like resort housekeeping are based upon head counts of hotel occupants vs. DVC occupants. Specifically at AKV and BLT, the DVC percentage increased relative to hotel guests. So even with no changes in budgeted housekeeping dollars, DVC would be asked to pay a greater percentage because there are a greater number of members using the rooms.

 

["Got Disney"]

up up and up it goes....just like everything else...inflation comes in all forms ...even DVC dues....I opened it and went OUCH!

I need a hug!

If the dues keep going up up and away....away will be not only new DVC members but old ones as well....they will price themselves right out of business....

 

[kimberh]

[QUOTE="Got Disney";43661945]up up and up it goes....just like everything else...inflation comes in all forms ...even DVC dues....I opened it and went OUCH!



If the dues keep going up up and away....away will be not only new DVC members but old ones as well....they will price themselves right out of business....[/QUOTE]

My Thoughts exactly! Property here has gone down, would have thought property taxes would have went down.

 

[DebbieB]

My Thoughts exactly! Property here has gone down, would have thought property taxes would have went down.

Your municipality still has to pay for services, how can they do that with decreased taxes? If they decrease property values, they will have to increase the tax rate to make up for it.

For DVC, I can't see the county factoring in resale prices for the property assessment. You really aren't talking about property ownership, DVC is actually a lease. So as you get closer to the lease end date, the resale prices are going to fall drastically but that does not mean the taxable value of the property is decreasing. Come 1/31/42 for BWV, the taxable value will not be $0 even though all the DVC contracts will be $0 (assuming there's no extension). Disney will still have the full value of the property.

 

[normr]

IMO, The maintenance costs must be through the roof, on our last stay a coffee table looked like kids were let loose an awl.