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Levy increase and Admin levies

By susanna clark on Thu, 14 Mar 2019 at 23:35

Good day - please advise on following -
At our last AGM that took place 9months after year end a page was added to financials suggesting an increase of 7% on ordinary levies from R974 to R1,042 PLUS an amount of R400 was added and named as Project/Admin Levy. The subject was not brought up or discussed at meeting.
Over past 2 years no major expenses were undertaken for maintenance and or repairs therefore sufficient funds should be available for any maintenance. The maintenance plan submitted was a preliminary plan without setting out cost of major repairs.
These amounts were added to our statement accounts by MA one week after the meeting with a note from MA on same day as statement stating as decided at AGM the increases. This all took place before trustees first meeting.
Is this allowed?????? Am I compelled to pay these increases and extra levy?
2. If supposed majority present at meeting approved the budget
(no record of voting on this budget approval or the minutes of AGM has been made available to owners) does that also mean approving increase amount and this extra Project/Admin levy as was suggested in AGM docs drawn up by MA?


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RE: Levy increase and Admin levies

Murray Bennett replied on Sat, 16 Mar 2019 at 00:31

These articles provide answers to your questions:

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