Poll: What would you cut in your strata budget?

If you had to make cuts in your strata spending, where would the axe fall first? Budgetting is crucially important today with the cost of living going up and inflation way above what we, the consumers, and the government would like.

For families and individuals, it could be a matter of trimming the optional expenses in your domestic spending so as to be able to better afford the essentials.

But there is another aspect of your outgoings over which you have some influence, if not direct control, and that is your strata budget.

Once a year, your strata committee or strata manager will present your AGM with a set of figures that includes what they think you should be spending in the coming year, and the levies you will pay to fund that.

In these straitened times, that will include increased costs for some services and, possibly, temporarily reduced income due to owners getting behind on their levies. You and your fellow owners have an opportunity to accept, reject or adjust those figures.

So if you were asked by your strata committee to nominate which sacrifices you would make to keep levies at their same level or even reduce them, what would you go for?

Select up to three areas in the poll below where you would be prepared to support cost-cutting.  Unregistered guests can participate in the poll but only registered users can comment in the Forum pages (see below).

If you want to see the results so far, all you have to do is vote.

 Loading ...

Meanwhile, in the Forum:

• Who pays for repairing a drain under a townhouse courtyard? That’s HERE.
• What’s stopping our strata manager from issuing notices to comply? That’s HERE.
• Can your car space be used to store household goods? That’s HERE.
• How can you pay your rent if your bank stops issuing cheques? That’s HERE.
• The debate over kids playing in common areas rumbles on HERE.

How to ask and answer questions

Anyone can read our posts any time but you have to be registered to ask or answer questions. However, there are several easy ways you can search, access, ask questions and reply to others’ queries once you have registered using the green “register and sign in …” box on this page.
The best way may be to click on “Forum: Your Qs & A’s” on the top menu bar on a computer screen or on the drop-down menu (three lines) on the right of the screen on phones and tablets, under the Strata Choice ad. Then click on the topic title that interests you, and off you go.
Alternatively, you can look at the list of “Your latest questions and answers” under the ads on the right of the page on a computer screen. Or at the bottom, after the ads and stories, on a tablet or phone.
Or you can go “old school” and go to the Forum Home Page and work your way through the topics there. Whichever route you take to get there, the best way to keep up to speed with what’s happening is to register (if you haven’t already done so), then login and subscribe for free to the topics that interest you most.
That way you’ll get an alert whenever the discussion moves forward, and you can also chip in with your own comments and questions. Have a look HERE at our instant guide to getting online.