SueDonJ
Moderator
- Joined
- Jul 26, 2006
- Messages
- 16,695
- Reaction score
- 5,938
- Location
- Massachusetts and Hilton Head Island
- Resorts Owned
- Marriott Barony Beach and SurfWatch
SurfWatch 3BR
$1,124.17 - Operating Fee *
$286.32 - Replacement Reserve
$94.62 - Property Taxes
$1,505.11 - TOTAL
$103.85 - Increase *
* This includes a one-time "Disaster Recovery" charge in the Operating Fee of $54.48 for damages/expenses caused by Hurricane Matthew. See the cover letter and footnotes that accompany the MF's package; note any overage above insurance recovery will be reimbursed, and, this amount is not included in the calculation of MVW's Management Fee.
Note discussion thread here: HUGE 2017 MF's increases at SC Resorts / "Disaster Recovery" [Multi-threads merged.]
2016 Comparison
$1,034.01 - Operating Fee
$270.22 - Replacement Reserve
$97.03 - Property Taxes
$1,124.17 - Operating Fee *
$286.32 - Replacement Reserve
$94.62 - Property Taxes
$1,505.11 - TOTAL
$103.85 - Increase *
* This includes a one-time "Disaster Recovery" charge in the Operating Fee of $54.48 for damages/expenses caused by Hurricane Matthew. See the cover letter and footnotes that accompany the MF's package; note any overage above insurance recovery will be reimbursed, and, this amount is not included in the calculation of MVW's Management Fee.
Note discussion thread here: HUGE 2017 MF's increases at SC Resorts / "Disaster Recovery" [Multi-threads merged.]
2016 Comparison
$1,034.01 - Operating Fee
$270.22 - Replacement Reserve
$97.03 - Property Taxes
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