2011 Maintenance Fees

[motomem Senior Member Find all posts View Profile Close motomem]

Jim's note about the Sept '09 BG meeting stated the following for 2010 fees:

"Trust Fund E: $310 plus $.0405/point. Proposed special assessment is $.0035/point ($35/10000 points)."

I forgot what I paid for 2010, did the SA go through and really raise the $/point to $0.044/point for 2010? Does that mean that Trust Fund E 2011's rise is only $0.001/pt (0.045 - 0.044) plus $10 on the base fee?

Boca said the SA did not happen. If it did it would not have raised the fee per point. A SA is a one time charge.

So Trust Fund E went up by $.0045 per point.

[crwisconsin Senior Member Find all posts View Profile Close crwisconsin]

Is there a separate operating budget for each trust fund. If not, how are the maintenance fee increases calculated for each trust fund?

Your maintenance fees for unit/weeks in various Trust Funds are calculated four different ways.

1. Your fee is the same fee that the resort HOA determines for that unit/week.

2. Your fee is the same fee that the resort HOA determines for that unit/week plus a percentage of that fee (I think it is 5%).

3. The Trust gets bills from various HOA's for all of the unit/weeks in that particular Trust Fund. Each bill is tied to so many points. The Trust simply adds up all the fees and all the points and figures out what is the cost per point. Multiply the cost per point times your number of points and you have your fee.

4. The Trust gets bills from various HOA's for all of the unit/weeks in that particular Trust Fund. Each bill is tied to so many points.

The Trust simply adds up all the fees to get a Grand Total.

The Trust adds up all the points to get a Points Total. Then the Trust adds up all of the owners in that Trust Fund. The Trust multiplies the number of owners times some Base Dollar Value to get a Base Total.

The Trust subtracts the Base Total from the Grand Total to get a New Total. The Trust divides the New Total by the Points Total to get an Amount per Point.

Multiply your number of points times the Amount per Point and then add the Base Dollar Value and you have your fee.

Whew.

Note that the mix of unit/weeks will be different in each Trust Fund so the fees will not come out the same.

I do not know if there is an administrative charge thrown in or if our Vacation Club dues cover the determination.

Charles

[bigkenny Junior Member Find all posts View Profile Close bigkenny]

Maintenance Fee invoice its $844.85

I`m a weeks owner, own week 4 at Oasis Lakes/The Fountains. I own 2 bed Deluxe just got Maintenance Fee invoice its $844.85. Its just going daft these prices now next year what will it be $1,000

[UNLVsearcher Junior Member Find all posts View Profile Close UNLVsearcher]

What determines what trust fund you are in?

Hi there,

I am Grad student at UNLV. Thanks for listing info on maintenance fees. Can you share what determines what fund you are in? Other brands have collections/programs that relates to resort access. Is it the same for BG or is based on a nother parameter such as when purchase or # of points?

Thanks

[celperf Member Find all posts View Profile Close celperf]

Mayan Palace 2br and a Studio

Mayan Palace 2br, 565 usd
studio sea garden (can book on any mayan) 308 usd

[iistyger Junior Member Find all posts View Profile Close iistyger]

As far as calculating mfs in trust fund e Do you have to pay 320 dollar base both years on a every other year contract?

[let27801 Junior Member Find all posts View Profile Close let27801]

As far as calculating mfs in trust fund e Do you have to pay 320 dollar base both years on a every other year contract?

you pay $320 base both years on an every other year contract but you only pay .0225 per point each year and not .045