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Can the “The Resort” dues be increased?

April 26, 2017dues increased

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10 Posted

Can the “The Resort” dues be increased?

1 Answer

0

10 Posted

Yes. “The Resort” dues are an annual management fee which helps pay for the ongoing operational expenses of the resorts. Dues can be increased on the extent of any rise in the Consumer Price Index for All Consumers (1967-100) (the “Index”) reported by the U.S. Department of Labor, Bureau of Labor Statistics. Dues increases cease when a member reaches age 65. Member is responsible for notifying Resort.