› Flat Chat Strata Forum › Finance, budgeting and loans › Is the quote limit with or without GST? › Current Page
However, it strikes me that if a scheme is looking to avoid getting two quotes by going right up to and not beyond the prescribed limit, then you have bigger problems than GST.
Yes the scheme has serious problems but the person proposing the $30000 line item, an entrenched SC member, oversees this $30k per year project that does not really relate to the management of the OC.
Where i was going with this is that if the line item says $30k without GST then by considering the key words the “proposed expenditure” will be $33k with GST and therefore the motion to create this line item in the budget fails the requirement to have a second quote.
It should be ruled out of order by the Chair.
It is all so the proposer, who typically picks up about 20% of that line items budget as “pay”, is the only show in town.