YYJMSP was talking about a line item in a budget sent out by Starwood. The MF is a separate line in Starwood's budget which is billed as part of the MF on an estimated basis and later billed to and paid paid by the association to the county on behalf of the owners.
Ken was talking about a tax bill from the county - not an MF bill from Starwood. In CA the MF does not cover taxes. The separate tax bill covers taxes. Salty
Thanks for trying to interpret what I said, but no, that's not it...
My WDW invoices have 4 items on the front page:
2012 Operating Assessment
2012 Replacement Reserve
2012 Estimated Real Estate Tax
2012 SVN Membership Fee Add'l Week
On the back page, it shows the MF budget detailed breakdown for the total amounts corresponding to the Operating Assessment and Replacement Reserve amounts from the front page. There is no matching amount corresponding to the Estimated Real Estate Tax amount from the front page.
In the MF budget detailed breakdown, for the line items that correspond to taxes, there is $0.95 amount (per 2BR L/O annual unit week) and a footnote stating that that amount is for "Real Estate Taxes on the Maintenance Weeks, Fitness Center, Engineering/Houskeeping Area, Parking Garage & Lobby", and that the "Taxes on each Vacation Ownership interest will be billed separately in accordance with the applicable California statutes". I read that to say that they can't bundle the real estate taxes in with the MF amount, and have to show it separately, which they do on the front page.
My SVR invoices show the same 4 items, and the same corresponding MF budget detailed breakdown on the back page. These properties show a $0.00 amount for the line items that correspond to taxes, and a footnote stating that the "Real estate taxes on each unit will be billed separately in accordance with the applicable Florida Statues". As with WDW, I read that to say that they can't bundle the real estate taxes in with the MF amount, and have to show it separately, which they do on the front page.
The invoices for the other non-Florida and non-California units do not have a line item for the "Estimated Real Estate Tax" on the front page. Instead, they have amounts buried in the MF budget detailed breakdown, so the taxes are part of the MF.
Are you suggesting that I am going to receive another bill directly from the county that is in addition to the amount already paid as the "Estimated Real Estate Tax"?
