› Flat Chat Strata Forum › Finance, budgeting and loans › Who decides on donations? › Current Page
Personally, I think contributions should be allowed, as and when required, but the strata committee should poll owners first, even informally, to see if they were happy that their money was being spent this way. Surely keeping the community engaged and happy is one of the functions of the strata scheme.
Actually, surely the OC should not be “donating” funds to anyone, for any reason. If ALL the owners are in agreement with some fundrasing campaign, then they should all individually donate. If even *one* owner does not approve the donation, then it should (must) not happen.
BTW, who (if anyone) gets the tax deduction benefit of the OC making the donation? AFAIK, the OC doesn’t pay tax, so no benefit there, perhaps all OC members might get a statement on their levies notice advising them of their portion of the donation, and could claim that individually, though I doubt the ATO would be impressed with that.
So, simple solution, the OC should never make a donation, it should only pay for goods or services that are required for the maintenance of the SP (building and related services).
Just my opinion.