#62794
tina
Flatchatter

    I suggest that if you’re on the committee, you should be notified of everything that is spent.  This will help you get a feeling for what the issues are and who are the more active owners / residents.  It might be more convenient to let the strata manager take care of everything costing less than $500 but you won’t learn much about your own strata plan.  You should be more than a rubber stamp for someone else’s decisions.

    My previous strata manager contract allowed the strata manager to spend up to $500 of owners corp money without contacting the strata committee.  It was remarkable how many jobs cost us $495.

    For urgent/emergency matters, there was no limit to what they could spend.  We found expenditure running into thousands of dolllars because they were “urgent”.  Without a proper definition of “urgent”, it’s urgent because the owners says so.