Content

2012 Resort Budgets

Following is a summary of all DVC resort budgets for the calendar year 2012. This information is intended to be a summary of information released by Disney Vacation Club Management Corp. For additional details reference the hardcopy budget documents issued by DVCMC or contact Member Accounting.

(Amounts expressed are expressed $ Per Vacation Point)

 

AKV

ADV

BCV

BLT

BWV

HHI

OKW

SSR

VB

VGC

VWL

Admin / Front Desk

$.6405

1.4123

$.6399

$.4729

$.7119

$.7890

$.5513

$.4206

$1.0221

$.6017

$.6039

Animal Programs

.2891

---

---

---

---

---

---

---

---

---

---

Annual Audit

.0023

.0060

.0048

.0025

.0029

.0105

.0019

.0010

.0089

.0127

.0073

DVC Reservation Component

.0058

.0029

.0059

.0054

.0057

.0060

.0066

.0055

.0067

.3877

.0058

Fees to the Division

.0064

.0898

.0070

.0050

.0080

.0961

.0071

.0065

.0110

---

.0071

Housekeeping

.7722

1.2320

.9230

.6534

.8563

1.0554

.8960

.6995

1.3480

.7118

.7734

Income Taxes

.0224

.1722

.0218

.0132

.0225

.0268

.0202

.0196

.0317

.0215

.0231

Insurance

.0692

.1894

.1071

.0848

.0797

.0807

.0664

.0548

.8130

.2320

.1319

Legal

.0002

.0004

.0003

.0002

.0002

.0007

.0001

.0001

.0006

.0009

.0005

Maintenance

.5924

.6362

.7853

.4445

.6528

.8504

.5182

.4073

.8862

.4766

.8356

Management Fee

.4317

.8620

.4496

.3141

.4522

.6068

.3855

.3391

.7381

.3777

.4188

Member Activities

.1745

1.4977

.2770

.1283

.1944

.4339

.1625

.1202

.3730

.0827

.1815

Sales Tax on Support Fac.

---

---

---

---

.0575

---

---

---

---

---

---

Security

.0968

.1706

.0488

.0283

.0676

---

.0867

.0563

.0854

.1084

.0525

Transportation

.3677

---

.2476

.3095

.3276

---

.6168

.5145

---

---

.6408

Utilities

.3383

1.1342

.3504

.1987

.3447

.4885

.3045

.2663

.6150

.1485

.3255

Developer Loan Payment

---

---

---

---

---

.1303

---

---

---

---

---

Transient Occupancy Tax

---

---

---

---

---

---

---

---

---

.4125

---

Resort Access Fee

---

.2744

---

---

---

---

---

---

---

---

---

General Excise Tax

---

.2567

---

---

---

---

---

---

---

---

---

Hotel Condo Assessment

---

.0469

---

---

---

---

---

---

---

---

---

Shared Area Expenses

---

.7444

---

---

---

---

---

---

---

---

---

Total Operating Expenses

3.8095

8.7281

3.8685

2.6608

3.7840

4.5751

3.6238

2.9113

5.9397

3.5747 4.0077

Interest Income

(.0015)

---

(.0016)

(.0014)

(.0016)

(.0004)

(.0015)

(.0016)

(.0008)

(.0010)

(.0016)

Late Fees & Interest

(.0419)

(.0832)

(.0318)

(.0166)

(.0386)

(.0575)

(.0386)

(.0440)

(.0500)

(.0043)

(.0404)

Breakage Income

(.1127)

(.2090)

(.1140)

(.0831)

(.1166)

(.1452)

(.1081)

(.0943)

(.1766)

(.1002)

(.1167)

Developer Subsidy

---

(2.2713) ---

---

---

---

---

---

(.3161) --- ---

Commercial Facilities Revenue

---

(.6931) ---

---

---

---

---

---

--- --- ---

Shared Area Income

---

(.9607) ---

---

---

---

---

---

--- -- ---

Member Operating Assessment

3.6534 4.5108 3.7211

2.5597

3.6272 4.3720 3.4756 2.7714 5.3962 3.0878 3.8490

Capital Reserves

.7430 .9926 .7230 .6817 .9211 1.2912 .7394 .9077 1.1769 .4372 .7005

Ad Valorem Taxes

1.0392 .4573 1.0602 .9805 1.0677 .2658 .9885 1.0518 .5432 .8005 1.0601

Total Dues Assessment

$5.4356 $5.9607 $5.5043 $4.2219 $5.6160 $5.9290 $5.2035 $4.7309 $7.1163 $4.3255 $5.6096
(Our thanks to Kim F, Bob N, David F, Wil L, Craig K and Tom for assistance!)


Description of Cost Components

Administration and Front Desk - Cost of front desk operations and resort management, including operating supplies and equipment rental. Also includes costs for operational and administrative support from the WALT DISNEY WORLD@ Resort ("WDW).

Animal Programs - Cost of the care of the animal collection on the Disney's Animal Kingdom Lodge savanna including food, medical and husbandry. Also includes the cost of the savanna guides who share cultural and conservation information.

Annual Audit - Fee for the independent audit of the Association's financial statements as required by Florida law.

DVC Reservation Component - Fee paid to Buena Vista Trading Company for providing the exchange component of the Club central reservation system.

Fees to the Division - Annual fee of $2, per Vacation Home, per week, assessed by the State of Florida for regulation of the timeshare industry in Florida.

Housekeeping - Cost of cleaning and certain amenities placed in each Vacation Home. Also includes the purchase, replacement and cleaning of linens and towels.

Income Taxes - Federal income taxes. Timeshare condominium associations may not claim non-profit status for federal income tax purposes under current regulations.

Insurance - Cost of insurance premiums for property coverage, general liability, workers' compensation, crime and Director's and Officer's liability.

Legal - Cost of legal counsel regarding Association business.

Maintenance - Cost of interior and exterior maintenance and repairs not paid for out of replacement reserves. Also includes landscaping, pest control and fire alarm monitoring.

Management Fee - Fee paid to DVCMC for providing management services (including home office expenses) to the Association according to the Property Management Agreement. The fee is equal to 12 percent of the total Operating Budget (total operating expenses less the sum of interest income, Member late fees and interest, and breakage income) and Capital Reselve Budget exclusive of real estate taxes, transportation fees and the management fee.

Member Activities - Cost of the quarterly Member newsletter, annual Association meetings and printing and postage for Association legal mailings. Also includes the cost of certain Member recreational activities and events at the Resort.

Sales tax on Support Facilities - State sales tax paid on Condominium;s share of costs incurred in connection with the operation or maintenance of the Support Facilities in accordance with the Master Declaration of Covenanats Conditions and Restrictions encumbering the Condominium Property.

Security - Cost of guard coverage at the Resort.

Transportation - Cost of WDW transportation provided to the Resort.

Utilities - Cost of electricity, gas, water, sewer, solid waste disposal, cable television and telephone service at the Resort.

 

Description of Revenue Components

lnterest Income - Taxes and Operatinq lnterest earned on (i) ad valorem tax deposits held in escrow and (ii) operating budget deposits invested until expended for operating expenses.

Member Late Fees and lnterest - All delinquent Annual Dues payments are subject to a late fee of $25 per Ownership Interest, plus interest at the maximum rate permitted by law (currently 18 percent) accrued on the amount outstanding from the original due date.

Breakage Income - As stated in the Condominium Documents, Disney Vacation Club Management Corp. ("DVCMC) rents, during the Breakage Period, certain accommodations that have not been reserved by Members. The Association is entitled to receive, as breakage income, the proceeds of such rentals not to exceed 2.5 percent of the aggregate of the Condominium Operating Budget (total operating expenses less the sum of interest income and Member late fees and interest) and Capital Reserve Budget in each calendar year.

Developer Subsidy - In an effort to afford all existing Owners and current Purchasers with a fair and equitable dues assessment, Disney Vacation Development, Inc. ("DVD"), has agreed to subsidize the estimated Annual Operating Budget. DVD does not make any commitment that it will add additional phases to the Condominium or that it will elect to subsidize the Annual Operating Budget in future budget years. The obligation of DVD to provide this subsidy is a matter of private contract among DVD, current Purchasers and the Association (as to existing Owners). DVD reserves the right to discontinue offering this subsidized operating assessment in the future.

 

The Member Operating Assessment is equal to the total Cost Components LESS the Revenue Components.

The Total Dues Assessment is equal to the Member Operating Assessment plus Capital Reserves contributions (for funding of long-term projects such as roof replacement, exterior painting, room refurbishment, etc.) and Ad Valorem Taxes (property taxes assessed by the county.)

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DVC Resorts

Animal Kingdom Villas

Aulani VILLAS

Bay Lake Tower

Beach Club Villas

BoardWalk Villas

Hilton Head Island

OLD KEY WEST

Polynesian Villas & Bungalows

Saratoga Springs

Vero Beach

Villas at Disney's Grand Californian Hotel

VILLAS AT DISNEY'S GRAND Floridian Resort

Villas at Disney's Wilderness Lodge

Other / Proposed Resorts

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Saratoga Springs Merchandise Catalog

 The following items bear the logo and imagery associated with Disney's Saratoga Springs Resort & Spa.


Photo (click to enlarge)

Item

SKU

Price

Location

Date Added
Read more: Saratoga Springs Merchandise Catalog Gray short-sleeved T-Shirt 400003 480272 $27.95 Saratoga Springs December 2011
Read more: Saratoga Springs Merchandise Catalog Pink Short-sleeved T-Shirt 400003 482474 $27.95 Saratoga Springs December 2011
Read more: Saratoga Springs Merchandise Catalog Navy blue ball cap 400003 784547 $19.95 Saratoga Springs December 2011
Read more: Saratoga Springs Merchandise Catalog Tote Bag 400003 935475 $34.95 Saratoga Springs December 2011

 

DVCNews.com cannot guarantee the availability of any items listed above.  Items may be discontinued or fall into short supply at any time.  Those who are informed that an item has been discontinued are welcome to contact us so that we may remove the item from our listings.

For order information visit the main DVC Merchandise Catalog page.

These item descriptions and photos are being provided as a courtesy to DVC members.  DVCNews.com does not receive any compensation for sales generated by these listings.  The Merchandise Guest Services division is staffed by employees of The Walt Disney Company.  Comments or questions regarding the quality of items, shipping time, pricing, etc. should be directed to the MGS staff.

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2009 Resort Budgets

Following is a summary of all DVC resort budgets for the calendar year 2009.  This information is intended to be a summary of information released by Disney Vacation Club Management Corp.  For additional details reference the hardcopy budget documents issued by DVCMC or contact Member Accounting.

(Amounts expressed are expressed $ Per Vacation Point) 

 

AKV

BCV

BLT

BWV

HHI

OKW

SSR

VB

VGC

VWL

Admin / Front Desk

$.5554

$.6580

$.4054

$.6138

$.7600

$.4825

$.3020

$1.0143

 $.4694

 $.5560

Animal Programs

.2414

---

---

---

---

---

---

---

---

--- 

Annual Audit

.0031

.0045

.0089

.0028

.0101

.0018

.0010

.0085

.0125

.0070

DVC Reservation Component

.0052

.0058

.0017

.0057

.0059

.0055

.0047

.0067

.0044

.0058

Fees to the Division

.0055

.0070

.0050

.0080

.0931

.0071

.0062

.0110

 $.5560

.0071 

Housekeeping

.3437

.8114

.5059

.8757

.8790

.7846

.6147

1.0682

.3957

.6757

Income Taxes

.0241

.0260

.0192

.0276

.0294

.0250

.0218

.0363

.0261

.0262 

Insurance

.1422

.1331

.0941

.0993

.1114

.0834

.0692

1.2345

.1005

.1627

Legal

.0002

.0003

.0007

.0002

.0007

.0001

.0001

.0006

.0009

.0005

Maintenance

.4389

.6439

.2974

.6164

.7461

.4654

.3318

.7932

.3648

.6607

Management Fee

.3761

.4113

.2861

.4265

.5477

.3458

.3112

.7020

.3207

.3916

Member Activities

.1148

.2798

.1236

.1661

.3753

.1398

.0930

.4662

.1248

.1325

Security

.1054

.0444

.0314

.0908

---

.0730

.0338

.0846

.0335

 .0356

Trasnsportation

.3524

.2158

.1728

.2813

---

.5656

.4004

  ---

---

 .4350

Utilities

.2369

.3646

.2282

.3736

.4693

.3106

.2989

.6493

.1901

 .3370

Developer Loan Payment

---

---

---

---

.1303

---

---

 ---

 ---

 ---

Transient Occupancy Tax

---

---

---

---

---

---

---

---

.3438

---

Total Operating Expenses

2.9473

3.6059

2.1804

3.6361

4.1583

3.2902

2.4888

6.0754 

2.3873 3.4334

Interest Income

(.0160)

(.0215)

(.0135)

(.0215)

(.0152)

(.0203)

(.0187)

(.0220)

(.0122)

 (.0209)

Late Fees & Interest

(.0035)

(.0176)

(.0114)

(.0199)

(.0189)

(.0179)

(.0132)

(.0237) 

(.0114)

 (.0185)

Breakage Income

(.0990)

(.1040)

(.0710)

(.1093)

(.1311)

(.0973)

(.0847)

(.1680)

(.0748)

 (.1049)

Developer Subsidy

---

---

(.0506)

---

---

---

---

(.6509) --- ---

Member Operating Assessment

2.8288 3.4628

2.0339

3.4854 3.9931
3.1547 2.3722 5.2108 2.2889 3.2891

Capital Reserves

1.0339 .5918 .8090 .7764 1.1189 .6383 .9324 .6906 .7032 .8008

Ad Valorem Taxes

.9927 .9461 .8280 .9501 .2519 .9410 1.0307 .5071 .8288 .9477

  Total Dues Assessment

$4.8554 $5.0007 $3.6709 $5.2119 $5.3639 $4.7340 $4.3353 $6.4085 $3.82
 $5.0376
Description of Cost Components

Administration and Front Desk - Cost of front desk operations and resort management, including operating supplies and equipment rental. Also includes costs for operational and administrative support from the WALT DISNEY WORLD@ Resort ("WDW).

Animal Programs - Cost of the care of the animal collection on the Disney's Animal Kingdom Lodge savanna including food, medical and husbandry. Also includes the cost of the savanna guides who share cultural and conservation information.

Annual Audit - Fee for the independent audit of the Association's financial statements as required by Florida law.

DVC Reservation Component - Fee paid to Buena Vista Trading Company for providing the exchange component of the Club central reservation system.

Fees to the Division - Annual fee of $2, per Vacation Home, per week, assessed by the State of Florida for regulation of the timeshare industry in Florida.

Housekeeping - Cost of cleaning and certain amenities placed in each Vacation Home. Also includes the purchase, replacement and cleaning of linens and towels.

Income Taxes - Federal income taxes. Timeshare condominium associations may not claim non-profit status for federal income tax purposes under current regulations.

Insurance - Cost of insurance premiums for property coverage, general liability, workers' compensation, crime and Director's and Officer's liability.

Legal - Cost of legal counsel regarding Association business.

Maintenance - Cost of interior and exterior maintenance and repairs not paid for out of replacement reserves. Also includes landscaping, pest control and fire alarm monitoring.

Management Fee - Fee paid to DVCMC for providing management services (including home office expenses) to the Association according to the Property Management Agreement. The fee is equal to 12 percent of the total Operating Budget (total operating expenses less the sum of interest income, Member late fees and interest, and breakage income) and Capital Reselve Budget exclusive of real estate taxes, transportation fees and the management fee.

Member Activities - Cost of the quarterly Member newsletter, annual Association meetings and printing and postage for Association legal mailings. Also includes the cost of certain Member recreational activities and events at the Resort.

Transportation - Cost of WDW transportation provided to the Resort.

Utilities - Cost of electricity, gas, water, sewer, solid waste disposal, cable television and telephone service at the Resort.

 

Description of Revenue Components

lnterest Income - Taxes and Operatinq lnterest earned on (i) ad valorem tax deposits held in escrow and (ii) operating budget deposits invested until expended for operating expenses.

Member Late Fees and lnterest - All delinquent Annual Dues payments are subject to a late fee of $25 per Ownership Interest, plus interest at the maximum rate permitted by law (currently 18 percent) accrued on the amount outstanding from the original due date.

Breakage Income - As stated in the Condominium Documents, Disney Vacation Club Management Corp. ("DVCMC) rents, during the Breakage Period, certain accommodations that have not been reserved by Members. The Association is entitled to receive, as breakage income, the proceeds of such rentals not to exceed 2.5 percent of the aggregate of the Condominium Operating Budget (total operating expenses less the sum of interest income and Member late fees and interest) and Capital Reserve Budget in each calendar year.

Developer Subsidy - In an effort to afford all existing Owners and current Purchasers with a fair and equitable dues assessment, Disney Vacation Development, Inc. ("DVD"), has agreed to subsidize the estimated Annual Operating Budget. DVD does not make any commitment that it will add additional phases to the Condominium or that it will elect to subsidize the Annual Operating Budget in future budget years.  The obligation of DVD to provide this subsidy is a matter of private contract among DVD, current Purchasers and the Association (as to existing Owners). DVD reserves the right to discontinue offering this subsidized operating assessment in the future.

 

The Member Operating Assessment is equal to the total Cost Components LESS the Revenue Components.  

The Total Dues Assessment is equal to the Member Operating Assessment plus Capital Reserves contributions (for funding of long-term projects such as roof replacement, exterior painting, room refurbishment, etc.) and Ad Valorem Taxes (property taxes assessed by the county.)

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RoomFinder Resort Databases

For years travel agent and DVC member Sandy Nussbaum (a.k.a. InstImpres) has archived member feedback regarding the guest rooms at several of the DVC resorts. Additionally DISBoards.com moderator "LisaS" has gone to great lengths to gather and compile data on all of the Jambo House units at Disney's Animal Kingdom Villas. With their help, and the assistance of some great DVCNews contributors like Simbasmom and wdrl, we have created the RoomFinder searchable databases for nearly all of the DVC resorts.

What purpose do these databases serve? The answer to that question will certainly vary from one guest to another. Here are some suggestions:

  • Certain room classes are very limited in supply (BoardWalk Standard View, Animal Kingdom Villas Concierge, etc.) Searching for these room classes in the RoomFinder may shed some light on the likelihood of booking such an accommodation.
  • The RoomFinder will help gain some familiarity with an unknown resort. When preparing for a visit to a new resort, search the database for the room size and class reserved. Review some of the balcony photos and guest comments. These may aid in structuring requests.
  • Handicapped-accessible rooms are limited in supply at each resort. Disabled guests may be particularly interested in finding out what accommodations are available to fit their needs.

One thing we would NOT recommend is requesting a specific room or range of rooms. The odds of being assigned to a specific room are slim, and omitting more general requests leaves the resort staff with no idea of what you are seeking in a room. Structure your requests based upon the room critieria which you find most appealing.

Help us expand this resource by sending in balcony photos and/or room information from YOUR DVC resort stays!!! Click HERE to submit room details.

Following are links to all available resort RoomFinder databases:

Note that DVCNews cannot guarantee the accuracy or completeness of the information contained within the RoomFinder. It is a result of feedback submitted by hundreds of DVC members with no independent verification. Readers are highly encouraged to contact us with additions or corrections to the information contained within.

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