› Flat Chat Strata Forum › The Professionals › Strata Manager’s authority to enter into a loan on behalf of OC › Current Page
11/07/2015 at 10:10 pm
#23827
This might be stating the obvious but if you don’t have enough money to pay the insurance premium, your OC needs to take a serious look at its budget and set the levies to meet that budget. When you set the budget you allow for all known expenses, plus additional money both for unexpected items and for scheduled capital items.
insurance is a key item.