2012 - Please post your 2012 Starwood maintenance fees here

[VacationForever]

deleted...

 

[DavidnRobin]

WKORV 2 Bd LO Deluxe (corner)

MF = $2825.51

Essentially same as last year.

YYJMSP - your post above has the wrong title... You have WKORVN in title and meant WKORV
http://www.tugbbs.com/forums/showpost.php?p=1206093&postcount=49

 

[chibuilder]

Lakeside Terrace in the Vail Valley - $1054.37 for 2012

Just got my maintenance fee bill for Lakeside Terrace in Beaver Creek, CO. 2br condo:

2012 Operating Assessment: $849.39
2012 Replacement Reserve: $199.98
2012 ARDA-ROC PAC contrib: $ 5.00 (optional)
TOTAL: $1054.37

This is a $140 increase over last year (16.3% increase). Interesting to note that the largest reason for the increase ($46 of the $140) was because of an increased provision for uncollectible accounts. Next came $37 for property enhancements. $12 for housekeeping increases, $10 for utility increases and $5 for engineering staff.

 

[YYJMSP]

MF = $2825.51

Essentially same as last year.

YY - you post above has the wrong title... You have WKORVN in title and meant WKORV
http://www.tugbbs.com/forums/showpost.php?p=1206093&postcount=49

Ooops -- Denise, can you change the title please? Thanks

 

[csudell]

HRA phase II proposed

One bedroom deluxe
851.92 + 125 SVO + 202.86 Atlantis facilities assessment=1542.18

One bedroom premium
929.37+125+202.66=1652.60

Two bedroom
1006.82+125+288.69=1849.04

Two bedroom lock off
1781.39+125+288.69=2953.16

Three bedroom
1858.75+125+375.30=3150.17

I do not know what the Atlantis facilities assessment is.

Last year my maintenance fees were around $1450 for one bedroom premium.

 

[jarta]

csudell, ... "I do not know what the Atlantis facilities assessment is."

This is a thread for posting MF billed. You have posted the figures from the proposed budget for Phase II. Budgets are estimates and the MFs are based upon the estimates in the budget. But, a budget and an MF bill are not the same thing. The adopted budget can change around numbers (but probably not by much).

The Atlantis Facilities Assessment (payment for access to Atlantis) is the last expense on the first page of the proposed budget. The total estimated amount is $2,581,676 for everyone - between $202.66 and $375.30 per unit/week.

Phase II at Harborside has 2 components of expense. Common Expenses for a share of the expenses for the common amenties at Harborside Resort (the outlot). Condominium Expenses tied to the buildings in Phase II (the condo envelope). For 2012, it is estimated that the total expense for Uncollectible Accounts for those 2 components of the budget will be slightly over $1M - or 5.27% of the estimated total expenses that will be incurred for 2012.

But please try to wait for the 2012 budget to be adopted and 2012 MF to be billed before posting 2012 MF here. The budget will be adopted on December 7, 2011. ... eom

 

[zsn]

WKORV (South) 2BR/EY/OV

Master Association Assessment $ 246.64
Apartment Ownership Assessment $ 492.23
Vacation Ownership Assessment $ 1311.66
SVN Membership Fee - If Applicable $ 130.21
ARDA ROC PAC Contrib.** $ 5.00
Sub-Total
Current Year Charges $ 2185.74 or in my case $ 2180.74

As I remember, last year was may be a few dollars less...(difference <$10)

 

[csudell]

csudell, ... "I do not know what the Atlantis facilities assessment is."

This is a thread for posting MF billed. You have posted the figures from the proposed budget for Phase II. Budgets are estimates and the MFs are based upon the estimates in the budget. But, a budget and an MF bill are not the same thing. The adopted budget can change around numbers (but probably not by much).

The Atlantis Facilities Assessment (payment for access to Atlantis) is the last expense on the first page of the proposed budget. The total estimated amount is $2,581,676 for everyone - between $202.66 and $375.30 per unit/week.

Phase II at Harborside has 2 components of expense. Common Expenses for a share of the expenses for the common amenties at Harborside Resort (the outlot). Condominium Expenses tied to the buildings in Phase II (the condo envelope). For 2012, it is estimated that the total expense for Uncollectible Accounts for those 2 components of the budget will be slightly over $1M - or 5.27% of the estimated total expenses that will be incurred for 2012.

But please try to wait for the 2012 budget to be adopted and 2012 MF to be billed before posting 2012 MF here. The budget will be adopted on December 7, 2011. ... eom

I do realize that this is for billed MF but I thought it could be helpful for an approximation since HRAs havent been billed yet. As you said, they are usually close.

 

[jarta]

"I thought it could be helpful for an approximation since HRAs havent been billed yet. As you said, they are usually close."

But, you didn't say it was a helpful approximation in your post on this sticky for listing MFs.

You are writing for posterity on this sticky. Everyone wants to be first with the news and become the TUG scooper. But the news should be accurate news. In the past, entries on stickys like this one have been quoted as correct and used in posts throughout the year to compare assessments from year to year.

No biggie. Just change the numbers in your post if the numbers are wrong when the MF bills come out in January.

Do you now understand the estimated Atlantis Facilities Assessment at the bottom of the first page of the proposed 2012 budget for Harborside II? That's the fee each owner pays for weekly access to the amenities at Harborside for the maximum number of persons allowed in the unit. If the unit sleeps 4 adults (over age 4?) and the assessment is $202.66 per week, each adult guest pays about $7.24 ($202.66/28) per day for the wristbands - or far less than the retail price of Atlantis day passes for 4. ... eom

 

[csudell]

actually, my title did say proposed.

yes, I understand the Atlantis Facilites Assessment now, thanks. looks like MFs are taking a big hike this year compared to last year.

 

[zcrider]

proposed

actually, my title did say proposed.

yes, I understand the Atlantis Facilites Assessment now, thanks. looks like MFs are taking a big hike this year compared to last year.

I read proposed in your title without a problem. And thanks for posting it, I was wondering what the smaller units were proposed to be, but had only paid attention to the 3 bedroom # when I opened my letter. Then I had to wonder if this $400 increase that is PROPOSED is a permanent one or is there some sort of special assessment going on for 2012? And my experience with the proposed amounts is that is the amount my bill is later...

 

[csudell]

Historic Atlantis Facilities Fee Assessment

2009 - 100.55
2010 - 104.91
2011 - 107.40
2012 Proposed - 202.66

 

[jw0]

I read proposed in your title without a problem. And thanks for posting it, I was wondering what the smaller units were proposed to be, but had only paid attention to the 3 bedroom # when I opened my letter. Then I had to wonder if this $400 increase that is PROPOSED is a permanent one or is there some sort of special assessment going on for 2012? And my experience with the proposed amounts is that is the amount my bill is later...

Perhaps I should be starting a new thread with this...

Actually I'm pretty sure that the increase is semi-permanent. If you take a look at the past few years of budgets, you'll see that the "reserve" balance was pretty much decimated when they did the latest refurbishment. I asked at mystarcentral about this and they responded with a comment like, the board has a plan to replenish the reserve (can't furnish the exact quote). There's really only one logical "plan" - to hike the MFs on the owners.

-J

 

[RnU]

Nothing yet from Lagunamar?

 

[mjm1]

Kierland Villas EOY large 1 BR Platinum

We are new owners. Our MF's for 2012 are:

MF......................401
Taxes.................. 14
SVN....................120
----
Total 535

I believe this is a small increase from the prior year, but I don't know for sure.

 

[pathways25]

Sheraton Mountain Vista - 2BR LO annual

Current Year Charges

Maintenance Fee(s) $ 1,229.82
Tax - If Applicable $ 56.75
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 1,291.57
Less Payments*** $ 0.00


Net of SVN and ARDA is $1,286.57, an increase of $111.20 (9.5%)!

 

[grgs]

SVR Cascades Regular 2 Bedroom CORRECTION

Oops, I accidentally included the ARDA contribution in the total I gave originally.

Denise, would you correct your summary list?

Thanks!

Glorian

SVR Cascades Regular 2 Bedroom
Maintenance Fee(s) $662.16
Tax - If Applicable $105.80
Membership Fee - If Applicable $0.00
Other* $0.00
Interest $0.00
Late Fees $0.00
ARDA ROC PAC Contrib.** $0.00
Sub-Total
Current Year Charges $767.96

2011 fees were: $758.50 (mf: $662.15 & tax: $96.35) ; so about a 1.2% increase due to an increase in taxes.

Maintenance Fee(s) $662.16
Tax - If Applicable $105.80
Membership Fee - If Applicable $0.00
Other* $0.00
Interest $0.00
Late Fees $0.00
ARDA ROC PAC Contrib.** $0.00
Sub-Total
Current Year Charges $772.96

2011 fees were: $758.50 (mf: $662.15 & tax: $96.35) ; so about a 1.9% increase due to an increase in taxes.

 

[YYJMSP]

SVR Spas 2BR

Maintenance Fee(s) $ 682.29
Tax - If Applicable $ 65.20
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00
Sub-Total
Current Year Charges $ 747.49



Our other Spas unit has a tax portion that is 37c less...

 

[Quiet Pine]

Still Waiting for SDO...

Last month I received this message from Starwood. Still waiting for statement & no MF on MyStarCentral. It seems payment must be made 4 weeks from yesterday. They're cutting it a little tight.

"For information purposes, statements for the 2012 annual fees for the Sheraton Desert Oasis are scheduled to go out on November 28, 2011 with a due date of January 6, 2012. About a week after your statement is assessed, you will be able to see a copy of this document through our website. Please keep in mind, the billing date for your property is subject to change as it still pending approval."

 

[jarta]

You today: "It seems payment must be made 4 weeks from yesterday."

SDO last month: "Please keep in mind, the billing date for your property is subject to change as it still pending approval."

Patience. But, keep that checkbook handy. ... eom

 

[ada903]

Westin Lagunamar two bedroom annual platinum plus
MF $ 1,278.71 (without SVN fee)

 

[YYJMSP]

Westin Lagunamar two bedroom annual platinum plus
MF $ 1,278.71 (without SVN fee)

EOY is $ 639.36

That's exactly half of the annual -- interesting that there doesn't appear to be the extra ~$30 they tack on.

 

[PamMo]

Harborside Phase I 2BR LO

Just found the 2012 MF bill (due 1/9/12) in mystarcentral for our annual Harborside Phase I - 2BR LO.

MF: $2,599.89
Membership Fee - If Applicable: $125
Other*: $156.29

Total with SVN fee: $2,881.18

Total without SVN fee: $2,756.18

 

[IndyJoe]

2009 - 100.55
2010 - 104.91
2011 - 107.40
2012 Proposed - 202.66

Wow, fees have doubled, yet not sure much has changed.

 

[csudell]

Wow, fees have doubled, yet not sure much has changed.

my thoughts exactly