You must be registered and logged in to reply to posts or post new topics. Click on "How to Use This Forum" for simple instructions on how to get on board. NB: Please do not use your real name or email address as your screen name - if you do it will be changed to something less insecure.


Please consider registering


— Forum Scope —

— Match —

— Forum Options —

Minimum search word length is 3 characters - maximum search word length is 84 characters

Register Lost password?
sp_Feed sp_PrintTopic sp_TopicIcon
Why have my levies doubled in 10 years?

Full Members
Forum Posts: 82
Member Since:
sp_UserOfflineSmall Offline
07/11/2018 - 10:21 am
sp_Permalink sp_Print
Who decides when to raise the Strata Levies. Is it the Strata Manager or the Executive Committee.
My levies have been increasing at a rate of $100.00 per quarter since 2008. We are a small block of 8 apartments. 2 with one bedroom and 6 with 2 bedrooms. My levies have gone from $495.00 per quarter starting December in 2008 to $950 starting December 2018 for the next 4 quarterly payments.
Unfortunately my income as a Pensioner does not increase to match this. We have an enough in our sinking fund to manage maintenance etc. Surely we can better use our own money and top up the Sinking fund with a special levy should the need arise. So what is the norm here. Surely we can control how much we are prepared to pay.
Your help and guidance here would be greatly appreciated.

Mailbox is a first stop posting ID for readers who send their questions by email.  If they want to reply to members' responses or provide more information, they need to register and log in to the website, and will find detailed instructions on how to do that HERE.

Forum Posts: 69
Member Since:
sp_UserOfflineSmall Offline
07/11/2018 - 11:02 am
sp_Permalink sp_Print

How do I say this – its you as part of the OC that decides the levies

Every year the OC moves amotion at the AGM to approve the budget for the Admin fund and the Capital works fund and that sets the next year levies As a member of the OC you get to debate this and vote on it.

Is your SM or committee having yearly meetings and sending you a notice? 

Are you reading the notice of the meeting ?

Are you going to the meetings?

Having been at some time, treasurer and  chairman of a small complex of 8, the levies you are paying are within reason of what it costs to run a block.

Maintenance   comes out of the Administrative funds and must be budgeted for each year. The amount set aside for the Capital works fund depends on tbe wishes of the OC but setting it too low will mean that you get hit with special levies regularly ( and unexpectedly)

If you say that you cant pay the higher levies today, how will you pay a speciall levy when it comes up? If you  can’t pay a special levy, you lose voting rights; interest accrues on the outstanding amount at 10 %, and if the outstanding amount is suffi ient you can be bankrupted.

Forum Timezone: Australia/Sydney

Most Users Ever Online: 518

Currently Online:
30 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Top Posters:

Whale: 1584

kiwipaul: 584

struggler: 458

Austman: 345

Millie: 214

Billen Ben: 205

Cosmo: 199

considerate band fair: 160

Boronia: 144

Kangaroo: 140

Newest Members:

tim c




Darren D






Forum Stats:

Groups: 3

Forums: 40

Topics: 5057

Posts: 23867


Member Stats:

Guest Posters: 243

Members: 5764

Moderators: 6

Admins: 1

Administrators: Jimmy-T

Moderators: Sir Humphrey, scotlandx, Lady Penelope, Stratabox.com.au, Jimmy-T, Liveby5