Re: What is a differential levy

Thanks you for your comments. In answer to your questions;

* yes we are in NSW

*  The money is raised retrospectively based on the cost of running the laundries the previous 6 months

*  Yes the OC owns the equipment

* The aim is to reduce and ultimately remove the common property laundries which by the way have a fabulous view of the city and the owners who are adjacent to them would be interested in purchasing this view which is a way of raising much needed capital funds

*  The system is working fantastically well.  18 months ago we had 90% subscribers so we are achieving our goal of making owners independent of them.  Subscribers now down to 50%

*  The drainage cannot be fixed without spending enormous amounts of money and don’t forget, ultimately the majority of owners do not want them and we definitely do not want a coin operated system

*  Doing this the right way is our goal.  Our lawyer has put in place a license agreement but others have suggested we switch to a differential levy.

Thanks DaveB for your advice.  I wonder what those people in the Eastern Suburbs do with their car stacker for only 3 then.  🙂 Newlsie