Maintenance Fee Reduction?

[Patricksp]

I was just wonder, is there a chance that the fees will be lowered? Their are no guests, no Cleaning being done, Electricity should be down. Less water being used etc etc. I am not going to hold my breath but I do feel that there should be a reduction.

 

[MICKIMINI]

That would be a nice surprise! I vote yes.

 

[NoTime42]

I was just wonder, is there a chance that the fees will be lowered? Their are no guests, no Cleaning being done, Electricity should be down. Less water being used etc etc. I am not going to hold my breath but I do feel that there should be a reduction.

DVC sent an email yesterday:
“Finally, some Members have had questions about how the closure is affecting their association’s annual dues. While lower operating costs are anticipated for each condominium association because of the closures, there are many unknowns ahead as the resorts return to operation. Our commitment to Guest and Cast safety remains our top priority, and changes may be implemented to the way we operate, which may add some new costs. Given the unique circumstances of this situation, the proposal is to issue a credit to Members in mid-December as part of the distribution of Annual Dues Statements for 2021 if their association has an operating surplus (as opposed to rolling all surpluses into reserves).”

 

[aoconnor]

Likely, but then again when they re-open there will probably have to be increased cleaning which is a new expense.

 

[Ms.Minnie]

I would rather them not raise member fees for 2021 and not get a refund for this year. Since most likely the cleaning is going to have to be more intense going forward the cost is likely to go up so my vote is put the extra money from this year into next and don't raise our fees next year.