Quote:
Originally Posted by golfing eagles
But they are under control of the school board. And income taxes are under the control of Congress. And food prices are basically supply and demand. Prices go up. Is your point not to address a problem??? Or not to address it until it is out of control. How would you feel about your wife alone in a neighborhood pool when 4 teenage males come in???? Comfortable?????
My amenity fee was $145 in February of 2014, now it's $195, a 34% increase. Compare that with food, gas, housing etc. In the same time the value of my home has more than doubled, so I wish people would stop whining, especially about $4/month
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So, I just checked on the Villages website, and their current count is "over 70,000 homes." No idea when they calculated that, but let's run with it, and make it an even 70k.
70,000 homes * 195/month (I'm paying $198, why do you get 3 bucks discount? WTH)...
Is $13,650,000. Per month. Thirteen million, six hundred fifty thousand dollars, per month.
Times twelve months, since there happens to be exactly that many in a year.
Result: One hundred sixty-three million, eight hundred thousand dollars, for one year. $163,800,000. For one year.
Do we have any annual report showing their revenue, expenses, and so on? The most current one I can find is for 2021, and none of the expense/revenue sheets for any district isolates revenue exclusively from paid amenity fees as a line item.
They do show that they have investment balances, and net balances for the end of the year at over $75M for one of the districts.
It's clear to me that none of them are hurting for revenue, none of them are struggling to pay bills and still have a positive balance. Districts of COURSE have to have some padding, to cover for emergencies and planned future projects.
But I'd be interested to know how much more, or less, they each have "in the bank" than they did in 2021, now that they're splitting over $164 million among them, just for this past year alone.