I can see how the tax rate would increase after a refurb, absolutely.
And it stands to reason there could be adjustments to shore up reserves before or after a refurb too. But it isn’t a case of there will be 3 years of 6% increases to pay for a refurb. Although someone raised the question of whether installing the Murphy beds in what were just soft goods refurbs wouldn’t have caused extra costs to what was anticipated. But again they’d do that slowly if it meant reserves had to be topped up, not a one-off extra 3% on the dues.
Aulani’s increase will presumably be partly because of the fires and the resulting insurance costs / tax rates across the whole of Hawaii.
I was looking on their Facebook page. There is a pinned post. They are updating the list of what resorts have been reported but you need to read the comments to find the details.
I expect either for 2025 or 2026 there will be a bigger increase.
I wonder if the whole Reedy Creek replacement will affect the property taxes? They always go up by X amount and then Disney challenge the increase and the taxes then get reduced and we get a rebate.
Also I can’t remember if the CM pay increase effect is now complete or if there is more to come.
For SSR, we had a large increase last year…but not too bad this year.
When I was deciding whether to buy DVC (resale) a couple years ago, I used an average of 4% increase in annual dues year over year to find where the break-even point would be versus renting points, etc. I was secretly hoping the average would end up being less than 4%, since inflation had been fairly low, and I would expect the dues to, on average, match inflation. BUT, inflation in the past couple of years has soared…so I was actually expecting this year’s increase to be more than it was. I’m not sure why OKW had a higher rise this year…was it high last year as well? If not, maybe it is making up for it this year.
As far as OKW goes, it would be interesting to compare the breakdown of fees from the last few years to see what elements are causing the big increase.
Interesting, doing the math (I don’t have my personal notice yet) increased taxes don’t a count for any of the AKL increase. It is $.07 for capital reserves and the rest operatoring expenses.
Housekeeping and Animal Programs make up the bulk of that invrease.
Still wishing I had more BWV points!
