How to Read Annual Dues Statement

[BWV Dreamin]

My question is not answered in the faq's area on dvcmember.com. I guess I could call MS, but thought I would throw this out there. I can't determine if I overpaid my taxes or not. This is what my BWV statement says: 2007 Actual Property TAx $162.71. Then next line says 2007 Less Estimate you Paid <177.62>. Subtotal 2007 Taxes <14.91>. Do the signs around the amount mean I paid too little or too much? I don't see any correction of 14.91 on the 2008 dues. I did purchase resale, don't know if that has anything to do with it?

 

[DebbieB]

I own at BWV too and I have a credit. Do you pay monthly? If you do, they will reduce your monthly payments. If you pay lump sum, then they subtract it from the total owed.

 

[BWV Dreamin]

I own at BWV too and I have a credit. Do you pay monthly? If you do, they will reduce your monthly payments. If you pay lump sum, then they subtract it from the total owed.

I signed up for the monthly debit, starts Jan 15. But the amount they said I would pay per month adds up to the new 2008 Tax amount. Would the 2008 estimated property tax amount already have taken out the <14.91>? The statement just doesn't show where that 14.91 will be made up.

 

[CarolAnnC]

You might want to give Member Accounting (not MS) a call. They can clear it up for you I am sure!

 

[MdmMim]

On my account, the credit is reflected in the total due for 2008.

The subtotal 2008 Operating and Capital Expenses, plus the subtotal 2008 Taxes, minus the credit for overpayment, equals the Outstanding balance due in 2008.

 

[BWV Dreamin]

On my account, the credit is reflected in the total due for 2008.

The subtotal 2008 Operating and Capital Expenses, plus the subtotal 2008 Taxes, minus the credit for overpayment, equals the Outstanding balance due in 2008.

The online statement thru dvcmember.com does not show the credit for overpayment. It only shows the new 2008 amount. I just spoke with Member Accounting. That line item will show on the statement mailed, it does not show up online.

 

[BWV Dreamin]

On my account, the credit is reflected in the total due for 2008.

The subtotal 2008 Operating and Capital Expenses, plus the subtotal 2008 Taxes, minus the credit for overpayment, equals the Outstanding balance due in 2008.

Yes, I do see what your saying. When I add up those amounts and subtract the overpayment, it does equal the new 2008 amount. It just doesn't show the credit as a line item. I am such a visual learner!! Thanks for your help! Happy New Year!!