If the cost of the work has not been already been allowed for in the existing budget, then yes another general meeting will need to be called to determine how the work is to be paid for – in which case you should submit motions for alternate fund-raising methods to be considered. For example an increase in levy over several months rather than a one-off payment? Perhaps a strata loan?
In any case, if the work is approved and the majority of owners agree on how to fund the cost – yes you will have to contribute eventually – but there are laws and process that allow anyone to negotiate terms of ‘debt’ payments.
I doubt you can be forced into financial extremis by an owners corporation undertaking non-urgent works.
If this cost was imposed in a way unrealistic to your financial situation, then you could mediate your ‘debt’ payment terms and drag time out considerably. So it is in the best interests of all owners to agree to a sensible way of raising funds else others will have to pay more in the short-term whilst you and others take time to pay off ‘debt’.
By the way, I thought that only urgent work (ie. structural or that required to meet fire regulatory compliance or similar.) can be raised by ‘special levy’ with non-urgent work being approved at AGM.
You may have a legal argument against a ‘special levy’. Others on this forum may have more information on that.