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SVR Spas 2012 MFs

YYJMSP

YYJMSP

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Guess it's that time of the year...

Proposed budget for the Spas phase of SVR arrived in the mail today.

The line item for "Maintenance Fee Revenue" is $608.43, for "Reserve Fee Revenue" is $73.86, for a total of $682.29 for an annual unit week.

Last year was $643.13 for the same items, for an increase of just over 6%.

Footnote read "Real estate taxes on each unit week will be billed separately". They were approx. $60 for each of our units (slightly different amounts for each).

Approval of the 2012 Operating Budget is on the agenda for the Oct 21st meeting of the board.
 
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