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Royal Palms MF's Discussion

SueDonJ

Moderator
Joined
Jul 26, 2006
Messages
16,701
Reaction score
5,946
Location
Massachusetts and Hilton Head Island
Resorts Owned
Marriott Barony Beach and SurfWatch
Moderator Note: This was posted by Superchief in the MF's Sticky thread and is being copied here for discussion related to the questions raised.
2016 Operating Fee $765.38
2016 Reserve $338.64
2016 Property Tax 141.09
Total 1245.11
5.2% increase
Red Week $/point= $.59

Big increases: Owner service 16%, HR 12%, Mgmt fee 11%, Prop tax 19%

Since management fee is supposed to flat 10%, I don't understand how it can increase 11% while MF increased 5%.
 
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