Marriott 2014 Maintenance Fees

Owners, please report your Weeks MF's as they are billed (NOT proposed/estimated) in this format:

- Resort Name/Unit Type
- Operating Fee
- Replacement Reserve
- Property Taxes (or note if they're billed separately)
- Developer Subsidy (where it exists)
- Special Assessment (where it exists)
- TOTAL
- Increase/decrease over 2013 MF's whether in dollar or percentage value (because I don't blame anybody who doesn't want to do the math!).

DC Trust and AP Point MF's can also be reported in this thread, as the per-point amount in effect on 1/1/14 and any changes throughout the year.

Please limit this thread to only the MF specifics and take discussions/commentary to the discussion boards. Thanks.

For reference, the 2013 MF thread has been unstuck and can be found here. Historical MF info can also be found in this forum's Weeks FAQ.

************ Thread Compilation ************

Destination Club / Trust Points

Post #12:
* DC Annual/Exchange Fees - $175 for Standard Members and $215 for Premier and Premier Plus Members
* DC Trust Points MF - $112.50 per Beneficial Interest (BI = 250 pts) or $0.45 per point

Asia Pacific Points

European Resort Owners Additional Fees

Post #35

MVC Weeks

*Note that Property Taxes for the Florida resorts will vary according to the Resort Calendar seasons, and are included in the MF budgets.
*Note that Property Taxes for the California resorts will vary among owners based on purchase price/date, and are billed separately by the counties.

Aruba Surf Club 2BR and 3BR - Post #8
Barony Beach Club Post #49
BeachPlace Towers 2BR Platinum - Post #36
Canyon Villas Post #43 and 2BR Gold EOY - Post #45
Crystal Shores 2BR Silver - Post #25
Custom House EOY - Post #9 and EY - Post #46
Desert Springs Villas I Post #5 and Post #32
Desert Springs Villas II Post #4
Fairway Villas 2BR - Post #11
Frenchmans Cove 2BR Plat - Post #2
Grand Chateau 1BR, 2BR, 3BR - Post #10 and Post #17 and 2BR EOY - Post #18
Grande Ocean Post #42
Grande Vista 2BR Gold - Post #38
Harbour Lake 2BR Gold - Post #40 and 2BR Platinum - Post #48
Harbour Point at Shelter Cove 2BR - Post #20
Imperial Palm Villas 3BR Special - Post #41
Kauai Beach Club 2BR/2BA - Post #24 and 1BR/2BA - Post #33
Ko'Olina Beach Club 2BR - Post #23 and 2BR EOY - Post #41
Manor Club Post #21
Maui Ocean Club Lahaina Villas 3BR OF Fixed and 2BR OF - Post #13
Maui Ocean Club Original 2BR - Post #14 and 1BR - Post #30
Monarch at Sea Pines 2BR - Post #34
MountainSide Post #22
Newport Coast Villas Post #26 and Post #28
OceanWatch Villas at Grande Dunes Post #37
Royal Palms 2BR Red - Post #39
Sabal Palms 2BR Red - Post #44
Shadow Ridge Enclaves Post #7
Shadow Ridge Villages Post #15 and 2BR EOY - Post #41
St. Kitts Beach Club 2BR - Post #19
SurfWatch 3BR - Post #29 and 2BR - Post #31
Timber Lodge 1BR- Post #27
Waiohai Beach Club 2BR Plat - Post #3
Willow Ridge Lodge 2BR Plat - Post #47

Frenchman's Cove 2014

Frenchmans Cove 2b Plat 2014
- Operating Fee.............$1500.03
- Replacement Reserve......296.75
- Property Taxes ..............232.50 (billed separately)
- Developer Subsidy.........-276.98
- Special Assessment............0.00
- TOTAL........................$1750.30
- Increase/decrease over 2013 MF's 4.09%

2bdrm Platinum 2013

Operating fee.................$1334.55
Replacement Reserve..........277.85
Developer subsidy.............-164.38

Total.............................$1448.02

Tax billed separately $232.50


Total w/tax....................$1680.52

2012 Amt w/tax .............$1605.98

Waiohai 2014

Waiohai 2b Plat 2014
- Operating Fee......................$754.03
- AOAO Operating Fee...............483.71
- Replacement Reserve..............329.05
- AOAO Replacement Reserve.......59.04
- Property Taxes .....................155.45
- Developer Subsidy.....................0.00
- Special Assessment...................0.00
- TOTAL..............................$1781.28

- Increase/decrease over 2013 MF's +4.97%

Dsv ii 2014 mf

DSV II 2014 MF Bill

Operating Fee 760.07 +7.75%
Replacement Reserve 377.38 +3.00%

2014 Total 1,137.45 +6.13%

2013 MF Bill

Operating Fee 705.38
Replacement Reserve 366.39

2013 Total 1,071.77

Note : Housekeeping +14.4% Front Desk +18.4% Property Taxes Billed separately

2014 DSV I 2014 mf

DSV I 2014 MF Bill

Operating Fee 819.56 +8.50%
Replacement Reserve 465.74 (-1.00%)

2014 Total 1,137.45 +4.90%
2013 MF Bill

Operating Fee 755.49
Replacement Reserve 470.29

2013 Total 1,225.78

Note : Housekeeping +8.33% Front Desk +4.81% Property Taxes Billed Separately

2014 Shadow Ridge Villages

[See Post #15.]

2014 Shadow Ridge Enclaves

Shadow Ridge Villages 2014 MF

Operating Fee 847.37 +5.80%
Replacement Reserve 227.48 +5.00%

2014 Total 1,074.85 +8.67%



Note : Housekeeping +12.7% Front Desk +12.3% Property taxes billed separately

Aruba Surf Club

2 Bedroom Aruba Surf Club........2014..................2013
Operating Fee............................909.75...............854.89
Operating Fee (utilities) ..............314.63................312.30
Operating Fee (operating capital)...29.45..................15.57
Reserve Fee..............................341.29.............. 312.22
......................................... $1595.12............$1494.98
3 Bedroom Aruba Surf Club
Operating Fee...........................1202.63............1127.10
Operating Fee (utilities)................439.23..............436.24
Operating Fee (operating capital).....41.81................22.11
Reserve Fee............................... 471.95..............439.08
........................................... $2155.62.......... $2024.53
Almost 6.7% increase for the 2BR and almost 6.5% for the 3BR

EOY even years:
Marriott's Custom House


2014 Operating Fee 2014-01-13 577.61
2014 Reserve Fee 2014-01-13 111.51
2014 (one-time) Special Assessment Fee 2014-01-13 150.00
Total Charges $839.12

HOLY COW! This is a lot more than I thought it would be each year.

Marriott's Grand Chateau

3 Bedroom Villa
Operating Fund $1,276.19 (includes property taxes of $21.89)
Reserve Fund $454.81

Total $1,731.00 (2% increase)

2 bedroom Villa
Operating Fund $864.43 (includes property taxes of $13.52)
Reserve Fund $280.92

Total $1,145.35

1 bedroom Villa
Operating Fund $629.40 (includes property taxes of $8.74)
Reserve Fund $181.06

Total $811.06

FWIW, the bad debt expense is $924,954 or 4.4% of the total operating budget

Marriott's Fairway Villas

2 Bedroom Fairway Villas.............2014..................2013
Operating Fee............................831.11............. ..773.94
Property Taxes............................86.81..................97.81
Reserve Fee..............................239.94................ 226.36
.......................................... $1157.86..............$1098.11

Up 5.4% year over year.

MVC Trust Points

2014
$112.50 per Beneficial Interest (BI = 250 pts) or $0.45 per point.
$175 Standard Club Dues.

2013
$107.50 per BI
$175 Standard Club Dues

4.7% increase.

Maui Ocean Club Lahaina Villas -- 3BR OF (Fixed week)

2014 AOAO Operating Assessment 2014-01-10.....$ 871.91
2014 AOAO Reserve Assessment 2014-01-10........ 116.39
2014 Property Tax Fee 2014-01-10....................... 340.50
2014 Operating Fee 2014-01-10.......................... 946.86
2014 Reserve Fee 2014-01-10............................. 375.03
Total Charges................................................. $2650.69

2013 AOAO Operating Assessment 2013-01-11......... 887.99
2013 AOAO Reserve Assessment 2013-01-11 ........... 106.78
2013 Property Tax Fee 2013-01-11......................... 336.97
2013 Operating Fee 2013-01-11 ............................. 991.84
2013 Reserve Fee 2013-01-11 ................................ 273.91
Total Charges .................................................. $2,597.49

Click to expand...

__________________________________

Maui Ocean Club Lahaina/Napili Villas -- 2BR OF (Float week)

Fiscal Year Description Due Date Amount Due
2014 AOAO Operating Assessment 2014-01-10......$ 726.60
2014 AOAO Reserve Assessment 2014-01-10........... 96.99
2014 Property Tax Fee 2014-01-10........................ 284.22
2014 Operating Fee 2014-01-10............................ 789.07
2014 Reserve Fee 2014-01-10............................... 312.52
Total Charges.................................................. $2209.40

2013 AOAO Operating Assessment 2013-01-11......... 739.99
2013 AOAO Reserve Assessment 2013-01-11............ 88.98
2013 Property Tax Fee 2013-01-11......................... 280.81
2013 Operating Fee 2013-01-11............................. 826.53
2013 Reserve Fee 2013-01-11................................ 228.26
Total Charges ................................................. $2,164.57

Click to expand...

Best,

Greg

Maui Ocean Club- Original

2014 AOAO Operating Assessment 2014-01-10 648.51
2014 AOAO Reserve Assessment 2014-01-10 86.57
2014 Property Tax Fee 2014-01-10 253.68
2014 Operating Fee 2014-01-10 704.29
2014 Reserve Fee 2014-01-10 278.95
Total Charges $1972.00

2.03% ($40.06) increase from $1932 (2013)

Very please that still under $2k for a 2BDRM in Maui

Corrected shadow ridge villages fee

wvacations said:

Shadow Ridge Villages 2014 MF

Operating Fee 970.91 +5.80% + 11.7%
Replacement Reserve 227.48 +5.00%

2014 Total 1,179.94 +8.67%
Corrected Total 1,198.39 +10.41%



Note : Housekeeping +12.7% Front Desk +12.3% Property taxes billed separately

Click to expand...

I've noted corrections in red to the above based on the actual MF statement. The Operating Fee came out higher than listed in the estimated budget.

A gentle reminder, please limit this thread to ONLY the approved MF's as they are billed and/or posted to my-vacationclub.com accounts. Thank you.

Proposed/Estimated MF's and MF's commentary should be posted to the Discussion Forums.

Grand Chateau

I needed to edit the MF's for Grand Chateau. The numbers I pulled came directly from the budget and, the total for our 3 bedroom units (two EOY units) remains the same. however, on our billing statement the property taxes are considerably different than what I found listed on the final budget.

Here's the numbers copied from the billing statement online:

2014 Property Tax Fee 54.73
2014 Replacement Reserve 227.41
2014 Operating Fee 583.37
2014 Property Tax Fee 54.73
2014 Replacement Reserve 227.41
2014 Operating Fee 583.37

Each EOY unit has a property tax of 54.73 or a total of $109.46 total. I'm certain the 1 and 2 bedroom units have higher property taxes than what I copied from the final budget. I'm not sure how I read the final budget wrong but I obviously missed something.

Grand Chateau
And for our Grand Chateau Platinum 2 Bedroom EOY
Here's the numbers copied from the billing statement online:
2014 Property Tax Fee 33.81
2014 Replacement Reserve 140.46
2014 Int'l Owner Service Fee 17.25
(this quickly adds up for all my resort weeks - why, as I do everything on-line!)
2014 Operating Fee 398.41
Total 589.93 compares to 572.13 in 2013 - a 3.12% increase

ST Kitts Beach Club
And for each of our 2x St Kitts Beach Club Gold 2 Bedroom Garden View External
Here's the numbers copied from the billing statement online:
2014 Property Tax Fee 14.27
2014 Replacement Reserve 333.41
2014 Int'l Owner Service Fee 34.50
2014 Operating Fee 1,371.64
Total 1,753.82 compares to 1,677.42 in 2013 - a 5.96% increase
(St Kitts Beach Club is looking increasingly expensive for a resort that only gives us
2525 DC Points!!!)

Harbour Point - 2 bedroom, Week #21

2014 Property Tax Fee $57.86
2014 Operating Fee $712.24
2014 Reserve Fee $354.90

Total amount $1,125.00 (+ $25 vs. last year or ~2.2%)

Manor Club 2014

Manor Club 2014 Platinum

Fiscal Year Description Due Date Amount Due
2014 Property Tax Fee 2014-01-13 63.32
2014 Operating Fee 2014-01-13 778.88
2014 Reserve Fee 2014-01-13 299.80
Total Charges $1142.00

Last year was $1,095, so a 4.3% increase for the year.

Mountainside 2014

Fiscal Year Description Amount Due
2014 Property Tax Fee 71.20
2014 Operating Fee 748.72
2014 Reserve Fee 304.51
Total Charges $1124.43

+6.5% from 2013, $1,055.58

Ko Olina 2014

Ko Olina 2b Plat 2014
- Operating Fee.....................$1493.93
- Reserve Fee...........................219.48
- Property Taxes ......................151.41
- TOTAL...............................$1864.82

- Increase over 2013 MF's $87.88 or 4.97%

Kauai Beach Club

[2BDRM/2BTH Oceanview]
2014 AOAO Operating Assessment 2014-01-13 602.77
2014 AOAO Reserve Assessment 2014-01-13 153.08
2014 Property Tax Fee 2014-01-13 82.67
2014 Operating Fee 2014-01-13 612.81
2014 Reserve Fee 2014-01-13 176.51
Total Charges $1627.84

2013 - $1,594.48 2.05% ($33.36) Increase

Very pleased.

Crystal Shores (Marco Island)

Crystal Shores - Silver Unit 2 BR
Operating Fee: 1,389.28
Repl Reserve: 306.09
Property Tax: 51.10
Dev Subsidy: Minus 101.12

Total: $1,645.35
2013: $1,549.46
6% Increase