strata image

Levies budgets are based on the previous year’s cost, project outgoings for the next year and a bit more for long term capital works savings.

Your Strata Managers role is to advise and make recommendations, but the ultimate say stays with the strata owners.

Be informed and understand budgets and estimates for your lot.

 

https://www.fairtrading.nsw.gov.au/housing-and-property/strata-and-community-living/strata-schemes/levies-and-capital-works-funds