› Flat Chat Strata Forum › Levies and Unit Entitlements › Strata committee budgets › Capital Works (sinking fund) Forecast vs budget › Current Page
25/03/2019 at 10:41 pm
#36590
There is no legal requirement to either prepare a professionally assessed capital works fund (formerly the sinking fund) or to strictly finance the estimates that are prepared. That’s why so many buildings discover they have a shortfall in their finances when things start to go wrong.