WOW OKW Dues Went Up 10%!!!

[boxer]

I looked it up...........paid $2056 last year, and now my dues are showing almost $2,300!!!! WHAT is driving this--and has anyone seen them go up THIS much in just one year?!??!!? That is a huge jump IMO

 

[tjkraz]

In general, the biggest issues are increases in compensation for Cast Members (CM pay makes up about 75% of the operating budget) and increases in property taxes.

 

[lilsonicfan]

Very handy resource: https://www.dvcfieldguide.com/2025-annual-dues-details

 

[boxer]

Very handy resource: https://www.dvcfieldguide.com/2025-annual-dues-details

Thank you.....but it says it went up .65---but my dues this year are almost $250 more??? I have 210 points, so that doesn't make sense?

 

[lilsonicfan]

I looked it up...........paid $2056 last year, and now my dues are showing almost $2,300!!!! WHAT is driving this--and has anyone seen them go up THIS much in just one year?!??!!? That is a huge jump IMO

Per that resource I linked above, if you paid $2056 last year then you own about 208 points and this year it would be $2,188. Are you sure it's showing $2,300? It was a 6.5% increase from 2024 to 2025.

 

[lilsonicfan]

Thank you.....but it says it went up .65---but my dues this year are almost $250 more??? I have 210 points, so that doesn't make sense?

on 210 points you should be paying $2,206 or so at $10.5049 per point

 

[JOLT]

Thank you.....but it says it went up .65---but my dues this year are almost $250 more??? I have 210 points, so that doesn't make sense?

I haven't looked at dues yet but didnt property tax go up from last years guesstimate which gets added to this year?

 

[Sandisw]

You have to see if you had to pay extra for a shortfall in taxes from 2024.

I believe that OKW was one that did so whatever you underpaid in 2024, will be added to your 2925 dues.

Go to the statement to see how much that is, deduct that, and then you should get the correct increase.

 

[gmi3804]

+8.32% for BLT.

 

[tjkraz]

Thank you.....but it says it went up .65---but my dues this year are almost $250 more??? I have 210 points, so that doesn't make sense?

Look at the detail. Chances are you have an additional charge from 2024 property taxes being under-estimated. And it's possible that your 2023 dues benefitted from a credit for over-estimated taxes. It's difficult to compare year-to-year without looking at the big picture.

 

[JackosinDIS]

The majority of resorts have an amount added for 2024 taxes which were under-estimated. Mine range from $0.14 to $0.27 per point so it does have quite a large effect on the overall increase (but in reality those taxes should have been included last year)

 

[lilsonicfan]

Oh I forgot about ppty tax adjustment.
For SSR my statement shows an adjustment for 2024 taxes equivalent to +$0.13352 per point.
For AUL it was -$0.0224 per point.

 

[lilsonicfan]

Duh, forgot that the team at DVC News already did all the math: https://dvcnews.com/dvc-program-men...-for-most-walt-disney-world-based-dvc-resorts
But that should only add about $30 to OP's total.

 

[drusba]

I do not have the OKW dues breakdowns, but If comparing 2025 to what you paid in 2024, here are some things to look at:

(a) There is a property tax addition in 2025 for underpayment in 2024; check your 2024 breakdown of costs from the bill you got in Dec 2023 for 2024; does the bill show an overpayment of 2023 taxes for which you got a credit (deduction) that lowered your 2024 dues, which would show you actually underpaid total estimated taxes determined for 2024.

(b) Compare the 2023 Notice of Annual Meeting you got before the December 2023 annual meeting and what its lists show for applicable dues. Particular item to look at and compare, between listed costs for 2024 and those for 2025, are the ones for labor intensive operations such as Administration and Front Desk, Housekeeping, and Maintenance. Those numbers may have risen as a result of the new labor contract that went into effective late 2023, particularly for OKW which has far more buildings and land to deal with than most other resorts.

(c) OKW is the first WDW DVC resort that has already reached 30-years old. That means in 2025, OKW becomes the first Florida resort that needs to comply with the recent change in Florida condominium law that now requires an expensive structural stability investigation and report for each building that is at least three stories high (all of OKW's residential buildings) and 30-years old, to determine if the building needs any structural repairs to foundations, walls and roof areas, and start doing them if needed, and also charge and collect additional capital reserves for estimated future repairs determined to be needed as a result of the investigation. After the first required inspection is done, it needs to be repeated every ten years. Particularly for OKW, some additional costs estimated for 2025 could be included in the operations costs and, for years thereafter, in capital reserves.

 

[JOLT]

(c) OKW is the first WDW DVC resort that has already reached 30-years old. That means in 2025, OKW becomes the first Florida resort that needs to comply with the recent change in Florida condominium law that now requires an expensive structural stability investigation and report annually for each building that is at least three stories high (all of OKW's residential buildings) and 30-years old, to determine if the building needs any structural repairs to foundations, walls and roof areas, and start doing them if needed, and also charge and collect additional capital reserves for estimated future repairs determined to be needed as a result of the investigation. Particularly for OKW, some additional costs estimated for 2025 could be included in the operations costs and, for years thereafter, in capital reserves.

would poly also have to follow this rule?

 

[drusba]

would poly also have to follow this rule?

The issue is somewhat unclear. I made a correction to my post -- the new structural integrity inspection is not to be annually but every ten years starting when the building is 30-years old (or any building already at least 30-years old). The buildings at both Poly and WL which now includes CCV are more than 30 years old and at least three stories. Also the converted GF building that became the new DVC building appears to have first been used in the late 1980's. Particularly at Poly, there was major redo of various entire buildings that became DVC, which did not occur at the other buildings; likewise the new VGF building. CCV involved a major redo of about half the building. When the law was first passed it included that the required first inspection to be done by Dec 2024. That has changed to Dec 2025. Also, the 2024 date initially applied to all buildings built in and before 1994 but that was changed to 1992. That would apparently remove CCV from the 2025 date because WL was completed in 1993. From what I have heard from a Florida lawyer, there have apparently been some requests by some building owners (I do not know which), which did a major redo of buildings, which likely included something close to the required structural evaluation at the time, that they be able to delay the next inspection until 10 years after the conversion or at least some years beyond 2025. I have not heard whether any such requests have been granted.

 

[boxer]

Look at the detail. Chances are you have an additional charge from 2024 property taxes being under-estimated. And it's possible that your 2023 dues benefitted from a credit for over-estimated taxes. It's difficult to compare year-to-year without looking at the big picture.

Appears this is the case........don't quite understand, because I paid the full amount due last year, so guessing this was 'after' I paid.

 

[Sandisw]

Appears this is the case........don't quite understand, because I paid the full amount due last year, so guessing this was 'after' I paid.

The tax amount we are billed for each year is an estimate because the county doesn’t determine the actual amount until November.

So, the amount they included in your 2024 dues bill last January was not what the actual amount owed. Once that was known last month, then owners have to pay any shortfall that occurred because of the estimate.

If owners overpaid, like RIV, they get it as a credit off the dues bill. This will happen every year.

 

[Dznypal]

I just checked ours and actually they went down a whole $1.44 a month
between that and the fact Ill get an extra $1 per month added back on to my SS
I dont know what I should do with all this extra cash
oh plus the HOA fees are going to stay the same as last year
can things get any better then this lol

 

[zavandor]

To the OP: have you calculated your total bill multiplying the January monthly charge by 12? That would be an higher number than what's really due. The property tax adjustment is billed in full in January, so that payment is higher than the rest of the year.