› Flat Chat Strata Forum › New to strata – or just strata-curious › What is a reasonable increase in levies? › Current Page
26/03/2024 at 12:06 pm
#73453
The strata managers have answered my email, they have engaged a property consultant to look at future expenses for the upkeep of the property over the next 15 years and that’s part of the increase. I will carefully review that before the AGM.
The second part of the increase is maintain gardens, there really is very little gardens to maintain and they have increased the budget from $11k to 25k… I don’t think this is needed.
The third increase is an additional allowance for the insurance premium to be paid, this is another one that I will look at.
Thanks again for the help.