We can’t afford our 10-year plan

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  • 30/04/2012 at 6:30 pm #8110 Reply | Quote
    basjan27
    Flatchatter

      Hi,

      An ambitious 10-year sinking fund forecast has our small strata making big investments next year.   

      However, we’ve been forced to spend very heavily on a possible legal dispute, which has left us deeply in debt (third special levy on the way!). 

      Question is: is it mandatory to complete every item on the 10-year plan as and when it comes up? Or, can the OC amend the plan (especially in financial hardship)?

      Thanks

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    Reply To: We can’t afford our 10-year plan
    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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