› Flat Chat Strata Forum › Finance, budgeting and loans › Strata’s financial statements withheld from OC › Current Page
On 18FEB21 ScotlandX you suggested I ask the SM why he paid the Sec/Tsr without the matter going to the OC for a vote.
I have had other fish to fry the last two months and did not approach the SM as yet.
In Feb the Chair dismissed my oral query claiming she knew nothing about it (“it” being a $900 out to the Sec/Tsr that was made in secret by the SC to the Sec/Tsr without informing, let alone seeking approval of the OC).
Two weeks ago (early May) when I saw her she said that the pmt was approved by the Sec/Tsr himself and she did so in tandem only because he did so.
I told her that the Sec/Tsr cannot approve pmt for himself and the invoice has her signature on it under the words “I approve”. His signature is nowhere to be found on the invoice.
“It is for the OC to approve”, I made clear.
My issue was $400 paid to a strata website for the Sec/Tsr’s benefit alone. More galling when you consider he has little to do with the strata as all functions have been outsourced to the managing agent.
Also I queried another $500 or so he was paid allegedly for goods purchased and travel expenses relating to his alleged 60 trips to the strata. But there is no proof he did any work nor that he traveled even once let alone 6 dozen times to the strata for OC related matters.
Today the Chair replied:
The amount was for Specialist Strata lawyers to act as central messaging interchanges for NSW Strata Committee members, is very useful & is being widely used by Strata properties. It costs $300 per year which was discounted for us from $400.
This IMHO is her echoing what she was told by the Sec/Tsr.
Even if what she says is true, that is, the site is useful, the OC does not benefit form this one iota.
So can I legitimately ask the agent not only as you suggest:
if he believes it is ok to make payments to the Committee member when the Act requires approval of the payments by the owners in a general meeting
But also
why is the Sec/Tsr spending OC funds for his personal benefit as the fruits of the website have not been shared with anyone on the OC.
Agree?