The December 2024 condominium meeting for Aulani, a Disney Resort & Spa offered owners an opportunity to stay informed about the resort’s operations and plans for the future. Held at Disney’s Contemporary Resort, this low-key event provided updates on the 2025 budget, addressed member questions, and outlined upcoming plans for the resort.
Here’s a breakdown of the key points discussed during the meeting.
Meeting Overview and Attendees
Approximately 20 DVC owners of Aulani Villas were present at the meeting. The Board of Directors included Yvonne Chang, Bill Diercksen, Shannon Sakaske, Alison Armor, and Steve Whittington. Additionally, Treasurer Tylana Hill and Member Representative Karen Grip were in attendance.
The meeting commenced with the approval of minutes from the prior session held in September. This meeting was part of a quarterly series, in compliance with Florida’s new state guidelines introduced in 2024 which require more frequent meetings for condo associations.
Budget Approval for 2025
An important agenda item was the approval of Aulani’s 2025 budget. The operating costs, capital reserves, and taxes together amount to $10.12 per Vacation Point – a 3.7% increase equivalent to an additional $.36 per point compared to the previous year.
Board members noted that any surplus dues collected beyond operational expenses would be directed toward the capital reserve fund. These funds ensure the association is financially prepared for future expenses. However, the exact amount to be carried over will not be finalized until February or March of 2025, as it requires audit verification.
Topics from the Q&A Session
The meeting concluded with a member-led Q&A session, during which attendees raised a variety of pertinent questions. Key topics included the following:
- Capital Reserves Allocation
Members inquired about how excess dues from 2024 would be shifted to capital reserves. The board clarified that the process involves completion of the current year’s budget, followed by audits in early 2025. Final accounting statements documenting these funds are expected to be made available to members by mid-year. - Capital Improvements Planned for 2025
When asked about significant capital improvements for the upcoming year, the board indicated that no major projects are planned for Aulani during this period. - Beach and Water Mitigation
Attendees also raised concerns about potential issues with beach erosion near the resort. While no erosion problems have been reported, the board assured members that they actively monitor the situation to address any concerns that may arise in the future.
Looking Ahead
With no further questions or topics presented, the December meeting was adjourned after just 17 minutes. Members were informed that the next quarterly meeting is anticipated to occur in February or March of 2025.
Final Thoughts
The December 2024 meeting at Aulani serves as a key platform for owners to understand how their dues are utilized and to voice their input about the resort’s future. Whether you were able to attend or not, staying up-to-date on these conversations is an essential part of making the most of your ownership experience.
Stay tuned to the DVC Shop blog to get all the latest developments from inside the Disney parks and around the Disney Vacation Club resorts!