Overbudget again

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  • 05/07/2011 at 11:07 pm #7264 Reply | Quote
    Billen Ben
    Flatchatter

      Last year my SP sent the admin budget into deficit. The Treasurer then budgeted even less for the following year.

      There was a s162 application made about many aspects of the management including the poor budgeting. In the s162 application it was stated that it appeared as if the budgeting was very poor and it was highly likely the admin fund would again go into deficit.

      The admin budget then went 18k into deficit for the next year.

      What do owners do when they can see it coming and nobody wants to know about it?

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    Reply To: Reply #13313 in Overbudget again
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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