VGF Dues in 2024

[Yankee626]

Just wondering (as a VGF owner) how much DVC will raise the MF in 2024 due to the big lobby renovations? What stinks is that the lobby is just fine the way it is. We don't even get a vote as owners to stop it.

 

[PalmettoPath]

Haven't seen dues yet for next year. The reno is the main original hotel lobby I believe, and not the the Villas lobby.

 

[erionm]

Just wondering (as a VGF owner) how much DVC will raise the MF in 2024 due to the big lobby renovations?

ZERO. Renovations on the hotel side of the resort don't impact VGF dues. Costs for DVC Refurbishments are already built into dues and the funds build up year over year until used.

 

[Yankee626]

ZERO. Renovations on the hotel side of the resort don't impact VGF dues. Costs for DVC Refurbishments are already built into dues and the funds build up year over year until used.

Are you sure about that ? Because we share in other costs like transportation.

 

[erionm]

Are you sure about that ? Because we share in other costs like transportation.

Operational costs are shared, renovation costs of hotel side spaces is not.

 

[Yankee626]

It says dues cover operating costs of the resort( employees, park transportaion, housekeeping, utilities,etc) as well as proprerty taxes and SOME ALLOCATION FOR LONG TERM REPAIRS AND UPGRADES. A new lobby is an upgrade.

 

[erionm]

It says dues cover operating costs of the resort( employees, park transportaion, housekeeping, utilities,etc) as well as proprerty taxes and SOME ALLOCATION FOR LONG TERM REPAIRS AND UPGRADES. A new lobby is an upgrade.

Even if dues are being used, those funds would have already been collected from members. Renovations are pre-funded, not post-funded.

 

[Sandisw]

As a DVC owner, at dual resort, we buy in knowing that some of the expenses we pay will be a shared expense between the hotel and DVC side.

Individual owners don’t get a vote for things, even when related to DVC building upgrades but even so, the hotel is not part of DVC.

Even the language you quote says some long term repairs and upgrade ...and that may or may not include the lobby.

But, in the end, it’s part of what happens at a shared resort…and, these things are planned well in advance and the capital reserves budget would be set to account for something like this, if we are required to pay for any of it.

 

[mort1331]

Just spit balling here....but since DVC took over a building,,,would they not now think of that as part of they whole resort and the main building as well? Now I have yet to check in since the take over,,,have used original DVC building,,,is check in at either or just the DVC building?

 

[erionm]

Now I have yet to check in since the take over,,,have used original DVC building,,,is check in at either or just the DVC building?

Those staying at VGF have always been able to check in at either the main resort lobby or VGF. The same applies at BLT.

Not sure if it's changed, but the BLT & VGF check in desks were only open from 6 am to 10 pm. Outside of those hours you had to check in at the hotel side.

 

[Sandisw]

Just spit balling here....but since DVC took over a building,,,would they not now think of that as part of they whole resort and the main building as well? Now I have yet to check in since the take over,,,have used original DVC building,,,is check in at either or just the DVC building?

When you stay at BPK, you do check in at the main lobby. I do think you could also go to the main DVC building if you want but it’s much closer to go to the hotel lobby.

 

[mort1331]

Those staying at VGF have always been able to check in at either the main resort lobby or VGF. The same applies at BLT.

Not sure if it's changed, but the BLT & VGF check in desks were only open from 6 am to 10 pm. Outside of those hours you had to check in at the hotel side.

When you stay at BPK, you do check in at the main lobby. I do think you could also go to the main DVC building if you want but it’s much closer to go to the hotel lobby.

That being said,,then I think that there would be some shared dues on the lobby of main building. Now how and what percentage is worked out is anyones guess.

 

[Sandisw]

That being said,,then I think that there would be some shared dues on the lobby of main building. Now how and what percentage is worked out is anyones guess.

There is some language in the POS which gives insight in ways it can be done…one is based on occupancy % but a few other options. It’s probably would be the same as how they determine shared expense for our use of the hotel pools, transportation , etc.

 

[Mattrg_2000]

The Mouse will push any cost they can from the hotel P&L to the DVC P&L (which is allocated and reimbursable to Disney via maintenance fees). They also know there are several ‘pain in the *** dvc members’ that ask questions that may make them look unethical. They are balancing these concepts.

I’m still not sure why RIV has to pay for the Skyliner, as an example. “Matt, they use it!” … well, everyone uses it and everyone uses busses, boats, and monorails. However they rationalized the Skyliner decision could easily be pushed to other shared resources. We should all be fighting that.

I bet there’s a thread (or several) on this topic. I’m no expert and too new to DVC to have any facts. Opinion only here. If there’s a guru out there that sees this, consider starting or point me to a new thread.

 

[Sandisw]

The Mouse will push any cost they can from the hotel P&L to the DVC P&L (which is allocated and reimbursable to Disney via maintenance fees). They also know there are several ‘pain in the *** dvc members’ that ask questions that may make them look unethical. They are balancing these concepts.

I’m still not sure why RIV has to pay for the Skyliner, as an example. “Matt, they use it!” … well, everyone uses it and everyone uses busses, boats, and monorails. However they rationalized the Skyliner decision could easily be pushed to other shared resources. We should all be fighting that.

I bet there’s a thread (or several) on this topic. I’m no expert and too new to DVC to have any facts. Opinion only here. If there’s a guru out there that sees this, consider starting or point me to a new thread.

When we buy DVC, the POS includes that we are entitled to use any and all amenities offered to other onsite guests and our dues will fund those options For us.

Since the Skyliner station was added to the RIV resort, we pay for it…just like those who own at the monorail resorts pay a share for its options, or those at CCV/BRV pay foe their share to operate the boats.

Since RIV is a DVC only resort, we will bear all the expenses for all of its operation, once the entire resort is declared….right now, only about 61% to 63% is DVC, so that is our current share.

With a shared resort, like VGF, the hotel and DVC side each pay a portion of the expenses for operate the resort, and, as I shared, it can be based on different formulas.

If any DVC owner wants to see the detailed budgets prepared for their DVC resort, then can make an appointment to view things at the offices in Celebration.

But, we do not have any access or right to see the budget of a hotel.

 

[Yankee626]

Im sure the cost of the Skyliner is shared between the Riv and AoA, PoP and CBR. I wonder if the BCV also play a part in that.

 

[Sandisw]

Im sure the cost of the Skyliner is shared between the Riv and AoA, PoP and CBR. I wonder if the BCV also play a part in that.

BCV does not pay for that line item as it doesn’t service them directly. But, the hotels you mention do since they have a station for their guests.

BCV and BWV pay a share to support the cost of the friendship boats that go to and from Epcot and HS.

 

[SL6827]

The Mouse will push any cost they can from the hotel P&L to the DVC P&L (which is allocated and reimbursable to Disney via maintenance fees). They also know there are several ‘pain in the *** dvc members’ that ask questions that may make them look unethical. They are balancing these concepts.

I’m still not sure why RIV has to pay for the Skyliner, as an example. “Matt, they use it!” … well, everyone uses it and everyone uses busses, boats, and monorails. However they rationalized the Skyliner decision could easily be pushed to other shared resources. We should all be fighting that.

I bet there’s a thread (or several) on this topic. I’m no expert and too new to DVC to have any facts. Opinion only here. If there’s a guru out there that sees this, consider starting or point me to a new thread.

Yep. If they can get the chance to cook the books with no one finding out, they will do so. The two attempts with the lock off premium got them caught, but they tried.

 

[crvetter]

BCV does not pay for that line item as it doesn’t service them directly. But, the hotels you mention do since they have a station for their guests.

BCV and BWV pay a share to support the cost of the friendship boats that go to and from Epcot and HS.

Is there anyway to know this for sure? I just thought people assumed BCV/BWV weren't paying for the Skyliner because their costs never increased substantially when it opened; whereas, Rivieras transportation cost is 0.90 a point vs 0.56 at BWV and .36 at BCV.

I don't actually see in the budget anything beyond a Transportation line item which encompasses all the modes.

https://cdn2.parksmedia.wdprapps.di...sitewithoutCoverLetter_2022CondoNoticeRVA.pdf



I think people just assumed the higher cost meant they were covering the Skyliner and the others were not. I still do not think that is true. I think Riviera is simply higher in cost because it has exclusive transportation (buses likely to be the biggest driver) to the parks (doesn't share) thus has a higher overhead charge for transportation. I think how Disney charges for transportation is probably a lot more complex than does the mode show up at the resort.

Edit: Riviera also has no cash side to share costs with. BCV has a huge cash side when lumping in BC/YC so it's shares should be smaller of the overhead. BWV has a roughly equal cash side so it covers a smaller overhead than Riviera but more than BCV given it a greater % of the rooms than BCV related to the cash sides.

I will say I was always surprised that BRV and CCV transportation costs are so high, which might really show that exclusive usage (boats) and higher overhead from busses to three parks really drive the costs (they account for more than 50% of the occupancy at WL)

 

[Sandisw]

Is there anyway to know this for sure? I just thought people assumed BCV/BWV weren't paying for the Skyliner because their costs never increased substantially when it opened; whereas, Rivieras transportation cost is 0.90 a point vs 0.56 at BWV and .36 at BCV.

I don't actually see in the budget anything beyond a Transportation line item which encompasses all the modes.

https://cdn2.parksmedia.wdprapps.di...sitewithoutCoverLetter_2022CondoNoticeRVA.pdf

View attachment 767932

I think people just assumed the higher cost meant they were covering the Skyliner and the others were not. I still do not think that is true. I think Riviera is simply higher in cost because it has exclusive transportation (buses likely to be the biggest driver) to the parks (doesn't share) thus has a higher overhead charge for transportation. I think how Disney charges for transportation is probably a lot more complex than does the mode show up at the resort.

The only sure way is to go and look at the budgets via appointment but when RIV was first being built, and when I asked, was told that the three resorts covered the cost as it serviced them and that, for some reason which escapes me, RIVs share would be larger than the others..

It would make no sense to charge a resort for transportation that isn’t servicing thst resort.

The Skyliner is not at either of the Crescent Lake resorts.

The transportation costs that DVC owners cover are related to operations of their resorts and not the transportation costs for WDW as a whole.