Should strata management advise of planned fee increase

Discussion in 'Property Management' started by Keentolearn77, 19th Dec, 2019.

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  1. Keentolearn77

    Keentolearn77 Well-Known Member

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    Melbourne
    Hi

    I have received a new qrtly bill from the strata management business that runs the body corporate for the units of which I have 1.
    The fee's have jumped by over 10%...

    Should the strata management mob have pre advised of a planned increase, or raised this prior to or at our annual - AGM, (2 months ago)....
    There is no reference made to this in the minutes of the agm....
     
    Keentolearn77, 19th Dec, 2019
    #1
  2. Pumpkin

    Pumpkin Well-Known Member

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    Yes there should be notice..... in the form of Annual Budget & Forecast.
    Please check your records.
     
    Pumpkin, 19th Dec, 2019
    #2
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    The proposed levies would be in the AGM notification and would have been voted for by the BC.
     
    Scott No Mates, 19th Dec, 2019
    #3
  4. Ted Varrick

    Ted Varrick Well-Known Member

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    Did you attend the AGM or read the AGM Agenda, which should have a copy of the proposed budget?
     
    Ted Varrick, 19th Dec, 2019
    #4