Admin Fund in Deficit

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  • This topic has 5 replies, 4 voices, and was last updated 15 years ago by .
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  • 27/08/2011 at 5:19 pm #7610 Reply | Quote
    HarbourView
    Flatchatter

      I am concerned that our Admin Fund budget appears to be running a deficit for the current financial year. Is this allowed by Strata Law and I am right to feel concerned?

      I guess we must be using Sinking Fund money to cover the loss and will we have to repay it at some later time?

      Thank you.

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    Reply To: Reply #13635 in Admin Fund in Deficit
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