Talk of The Villages Florida - View Single Post - Increase in Amenities Fee
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Old 05-14-2008, 12:13 PM
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villages07 villages07 is offline
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Default Re: Increase in Amenities Fee

When you buy (new or resale), you are assessed the amenity fee in place at that time. So, BF,you probably pay more than your neighbors who are original owners.

I went back and looked at my 7 page "Declaration of Restrictions" document from my closing in Aug 2006. I had remembered hearing that the amenity fee increase was limited to no more than 3% per year. However, I could not find that spelled out in any of the legal docs. Disclaimer....the following is based on my docs....every neighborhood (especially those in place for many years) can be different.

Section 4.1 of my declarations....(paraphrased) monthly fee is based on cost of living for month of sale as reflected in CPI Index, US average of items and food. The month of sale establishes anniversary. Annual adjustments shall be proportional to % increase or decrease in above CPI index. "Adjustments not used on any adjustment date may be made any time thereafter"

So, given increasing costs in food, oil, etc I'm not surprised that the fee has gone up by 4%.

All that being said, $135/month is still a bargain for all the amenities available to us.

What is still a mystery to me, and, I can't find anywhere on the web....is the amentiy fee budget development process or any docs that break down all fees (guest fees, room rental, etc) collected by the amentiy division and a list of outgoing expenses. Also, where is their capital plan, e.g. who decides when it is time to renovate saddlebrook rec center and at what cost. Kahuna...where are you when we need you??? Can you enlighten us?
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