Cost Components

Cost components are the annual expenses to run the resort. These are not significant repairs or refurbishments but the cost you expect to pay yearly to operate the facility.

Administration and Front Desk. Expenses associated with front desk operations and resort management. This would include salaries and operational costs of this staff. Also included is an allocation of the Walt Disney World resort expenses.

Animal Programs. Expenses for the care of the animal collection on the savannas at Animal Kingdom-Jambo House and Animal Kingdom-Kidani Village. The care is prorated between the DVC rooms and the cash rooms at Jambo House. The expenses include the animals' food, medical and husbandry, and savanna guides who share cultural and conservation information. Animal Kingdom Villas is the only resort where this cost is included in their annual dues.

Annual Audit. By Florida law, financial statements must be independently audited each year. The cost budgeted for each resort is $15,300.

DVC reservation component. These are expenses associated with the reservation system for Disney Vacation Club. The allocation between resorts appears to be based primarily on points.

Fees to the Division. Annual fee assessed by the State of Florida to regulate timeshares. $2 per vacation home per seven days of annual use availability. A vacation home is all accommodations except Studios and One-Bedroom Villas that make up a Two-Bedroom Lock-Off room.

Housekeeping. This consists of cleaning staff salaries, cleaning and replacing linens and towels, and probably includes disposal amenities such as shampoo and soap. Expenses include the cost of cleaning rooms and public areas of the resorts.

Income Taxes. These are federal income taxes based on current regulations.

Insurance. Insurance premiums for property coverage, general liability, worker's compensation, crime, and Director/Officer liability.

Legal. Cost of legal counsel. The cost is $1,000 per resort except for Rivera ($2,000) and Cabins at Fort Wilderness ($296).

Maintenance. Cost of interior and exterior maintenance that is routine or not covered by replacement reserves. This cost also includes landscaping, pest control, and fire alarm monitoring.

Management Fee. The fee paid to Disney Vacation Club Management Corp for providing property management services. According to the property management agreement, the fee is 12% of the total operating and reserve budget, exclusive of real estate taxes and transportation fees.

Member Activities. These are expenses for recreation operations at the villa. This probably includes leisure activities and community hall facilities. A portion of the DVC quarterly newsletter and printing and postage for the annual DVC association meetings are included in this cost.

Sales Tax On Support Facilities. Boardwalk only. State sales tax paid on the Condominium’s share of costs incurred in connection with the operation or maintenance of the Support Facilities

Security. This is the cost of security guard coverage at the resort. Expenses probably include salaries, transportation, and systems associated with security at the villa.

Transportation. These are the allocated expenses associated with transportation provided at the resort.

Utilities. Cost of electricity, gas, sewer, solid waste disposal, cable television, and telephone service at the resorts.