› Flat Chat Strata Forum › Levies and Unit Entitlements › Allocation of Special Levy Raised › Current Page
I suspect the ‘misplaced’ amount has been used to cover an historic shortfall in income because of your levies having been previously set too low, something that has been remedied by future levies being higher.
The keyword here is “future”. If your scheme doesn’t have enough money in the bank to run the building, you will always be at least three months behind as you wait for the quarterly levies to come in.
The best way to give yourself a buffer is to top up the funds and then make the levies more realistic.
To be sure, I’d be asking your strata manager if this is what has occurred. But there’s probably nothing sinister in this. Experienced strata managers will shift funds around to minimise the stress on owners, but the money is always there, somewhere.