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03/08/2014 at 2:09 pm
#22064
Good Afternoon All,
Many thanks for the advice, I believe our deficit in the admin account has been caused by incorrect allocation of repairs and maintenance.
Would I be correct in assuming that the replacement of a leaking shower tray and roof repairs are repair and maintenance and should have been paid from the sinking fund?
If the above assumption is correct, what is the procedure to rectify the error thus bringing the admin account back to positive territory without the need for a special levy?
Once again FLAT CHAT has provided the answers.
Many thanks,
Dudley