[200William-EC] Levy increase for 2014 - strata plan 67851

[Rob Willett]

Thanks Maxine for the explanation. I am not sure it was clear that the actual levies would increase because of the budgets. Having said that I would like to propose we meet again to discuss the budgets and reallocate ( reduce ) in areas where we can ) so we can get the levies back to the level they were. Quite frankly, the building of this type does not warrant such extravagant fees as there are no facilities ( pool / doormen / gym etc ) Equally, it would appear we are subsidising the Commercial owners quite heavily and maybe it is time for this to be addressed. Could we please have a vote on whether we need to re-meet to discuss the budgets 

Many thanks 



Begin forwarded message:

> From: Maxine Wickey <mwickey at stratatitle.com.au>
> Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
> Date: 1 July 2013 10:18:55 AM AEST
> To: "'Diana Dennison'" <didee.cd at gmail.com>, CSCL <cscl at optusnet.com.au>
> Cc: "<ec at 200william.com>" <ec at 200william.com>
> 
> Dear Committee,
>  
> The levy that was discussed at the AGM was:
>  
> Administration          $213,000.00 plus GST
> Sinking                   $  38,147.77 plus GST
>  
> The previous year was:
>  
> Administration          $196,000.00 plus GST
> Sinking                   $   5,000.00 plus GST
>  
> The Administration has increased due to the levy contributions to the BMC as electricity costs and insurance costs have increased.
>  
> The Sinking amount was adopted as per what the sinking fund plan proposed.  It was discussed that last year we only contributed to the sinking fund $5,000.00 and I advised that we have to propose what the sinking fund plan has stated but it is up to the owners corporation as to whether you adopt that amount, which was passed at the meeting.
>  
> It was discussed that painting will need to be done in the next few years and that the funds need to be built up for this rather than raising special levies.
>  
> Regards,
>  
> Maxine Wickey
> Strata Manager
>  
> 
>  
>              
>  
> t:   (02) 9540 4199
> www.stratatitle.com.au
> www.stmplus.com.au
>  
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>  
> From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf Of Diana Dennison
> Sent: Sunday, 30 June 2013 7:23 PM
> To: CSCL
> Cc: <ec at 200william.com>
> Subject: Re: [200William-EC] Levy increase for 2014 - strata plan 67851
>  
> I too was shocked, but could it include the sinking levy contribution? Remember a couple of years ago when we had all those extra amounts to pay for just that?
>  
> Di
> 
> Sent from my iPhone
> 
> On 30/06/2013, at 3:56 PM, "CSCL" <cscl at optusnet.com.au> wrote:
> 
> Hello All,
> I ran into Rob this afternoon and questioned why we had received levy increases for the quarter June 1 through August 31.  To my knowledge, we did not pass a motion at the AGM to increase the levy charges from June 1.
>  
> Maxine, I received my levies, for the period above, in the mail on Tuesday and noted a sizeable increase for each of my lots.  Would you please explain why the levy increase was made.  The actual total Admin charge for the year ending 28/02/13 was $250,464.79, whereas the budget for the year ending 28/02/14 is only $214,027.
>  
> Thank you and regards,
> Craig Laforest
> Apt 601
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