The "Notice of 2016 Annual Meetings" for each Disney Vacation Club resort--which includes budget figures for the coming year--have been posted online by DVC. Thus far, annual increases range from a miniscule 0.27% for owners of Disney's Vero Beach Resort to a 6.71% increase for owners of Disney's Hilton Head Island Resort.
Disney's Old Key West Resort
Disney Vacation Club owners are obligated to pay annual dues in assocation with their timeshare ownership. Dues cover the operating costs of the resort (employees, park transportation, housekeeping, utilities, etc.) as well as property taxes and some allocation for long-term repairs and upgrades.
Following are the proposed figures for the 2017 calendar year:
|Resort||2016 Dues||2017 Dues||Increase|
|Animal Kingdom Villas||$6.4152||$6.5859||+2.66%|
|Bay Lake Tower||$5.2830||$5.6223||+6.42%|
|Beach Club Villas||$6.1277||$6.2715||+2.35%|
|Old Key West||$6.0107||$6.4073||+6.60%|
Full budget statements can be found on DVCMember.com by clicking on "My Membership" then "Condominium Association Meeting Notices" on the official member website.
Budgets will be formally ratified by the Condo board at the 2016 annual meeting scheduled for Thursday, December 8, 2016. DVCNews.com will be on-hand reporting live from the Condo Association meeting.