NSW: Struggling to maintain adequate levies in a small strata scheme

Short Video: Q&A Battling owners for adequate levies in a small strata scheme

After many years of toil as treasurer in his three lot scheme, Dean finally got the admin and sinking funds into a healthy position only to find the other two owners have called a general meeting to reduce levies.

Dean explains the ups and downs of committee membership in a small NSW owners corporation. He details his ongoing struggle to convince the other owners, who may have entirely different motivations, that a healthy sinking fund balance is a good idea. Rod Smith from The Strata Collective gives Dean a few ideas that may lead to a brighter future for the scheme.

This post appears in Strata News #684.

Rod Smith
The Strata Collective
E: rsmith@thestratacollective.com.au
P: 02 9879 3547