- This topic has 6 replies, 5 voices, and was last updated 12 years, 11 months ago by .
-
Topic
-
Last year my SP sent the admin budget into deficit. The Treasurer then budgeted even less for the following year.
There was a s162 application made about many aspects of the management including the poor budgeting. In the s162 application it was stated that it appeared as if the budgeting was very poor and it was highly likely the admin fund would again go into deficit.
The admin budget then went 18k into deficit for the next year.
What do owners do when they can see it coming and nobody wants to know about it?
- You must be logged in to reply to this topic.