› Flat Chat Strata Forum › Levies and Unit Entitlements › Varying a Sinking Fund Levy › Current Page
14/03/2016 at 2:21 pm
#24596
Thanks for your advice PeterC. Yes we have a sinking fund plan. There is a good chance that the building may be demolished as part of a redevelopment so we don’t want to keep pumping money into a sinking fund for no purpose. I was just trying to find out if there was a way to dramatically reduce or cease the contributions to an already healthy sinking fund (we know we must keep up our admin fees) without waiting for 9 months. Would save us all a few thousand dollars this year.