You appear to be facing a need for a special levy to build a sinking fund that has been mismanaged. It is all too easy for an EC (or a dominant office holder) to seek hero status by ‘containing’ sinking fund levies, but such levies are, in effect, saving for the proverbial rainy day, which has now arrived and found the scheme unprepared. It seems the present EC is going to have to bite the bullet and raise the money. The owners who have already paid from their own pockets are likely to be mightily p*ssed off, and I don’t envy the present EC having to sort the issue out.