Resort: Grand Islander (Hawaii - Oahu)
Unit: 2 BR Premier Luxury 19,200 pts
Note: The below MFs don't include the HI GE Tax
1 BR=
1 BR 7,200 pts/1 BR Plus 9,300 pts/1 BR Premier 12,600 pts/1 BR
Premier Luxury 16,800 pts
2021 OPERATING FEE 1,153.74
2021 CAPITAL RESERVE 134.68
2021 PAINTING RESERVE 1.36
2021 REAL ESTATE TAX 131.52
TOTAL AMOUNT BILLED $1,421.30
(2020 MF= $1,417.71 @ .25% increase)
2 BR=
2 BR 8,400 pts/2 BR Plus 12,600 pts/2 BR Premier 14,400 pts/2 BR
Premier Luxury 19,200 pts
2021 OPERATING FEE 1,496.18
2021 CAPITAL RESERVE 211.44
2021 PAINTING RESERVE 2.14
2021 REAL ESTATE TAX 206.49
TOTAL AMOUNT BILLED $1,916.25
(2020 MF= $1,913.44 @ .15% increase)
2 BR Penthouse=
2 BR Penthouse 17,500 pts/2 BR Penthouse Plus 21,000 pts/2 BR
Penthouse Premier 24,000 pts
2021 OPERATING FEE 3,039.37
2021 CAPITAL RESERVE 280.12
2021 PAINTING RESERVE 2.84
2021 REAL ESTATE TAX 273.57
TOTAL AMOUNT BILLED $3,595.90
(2020 MF= $3,627.69 @ .88% DECREASE)
3 BR Penthouse=
3 BR Penthouse Premier 28,750 pts
2021 OPERATING FEE 3,824.15
2021 CAPITAL RESERVE 368.71
2021 PAINTING RESERVE 3.73
2021 REAL ESTATE TAX 360.09
TOTAL AMOUNT BILLED $4,556.68
(2020 MF= $4,599.47 @ .93% DECREASE)
**NOTE**
In our 2021 HOA letter we received the following statement:
"As a result of this cost savings, we are pleased to return $2,900,000 of the operating surplus back to Owners. This will be reflected in the 2021 maintenance fee invoice for current Owners with annual and even-year biennial occupancy. The remainder of the savings will be used to further strengthen the association’s balance sheet. "