› Flat Chat Strata Forum › Levies and Unit Entitlements › Can Annual levies be raised by more than 10%? › Current Page
23/12/2017 at 8:45 am
#28909
Next AGM will be a case of where I hope not too many owners show up to derail the increase.
Transparency.
I intend to show & print out the budget and come up with a dollar figure per unit of entitlement for the Admin & Capital works accounts rather than a percentage increase in the Agenda notes.
Those who truly care can work out what that means for them and those that pay no attention have only themselves to blame when they complain with a Hey, my levies went up!
Sneaky? Slightly. What do you do when people throw commonsense out the door when you tell them you are collecting less than the building is spending.