Annual Levy Budgets

Particular attention is paid to the preparation of the annual budget which is presented to the trustees for their approval prior to the beginning of the financial year. We ensure that sufficient provision is made for anticipated monthly expenditure as well as future maintenance such as major repairs and replacements including the repainting of the exterior of the buildings on a regular cycle as recommended by professionals. Bodies corporate are assured that no special levies will be implemented if our recommended budgets are adopted.

As per the sectional title act and regulations the  approved budget is implemented at the beginning of the financial year to avoid any financial drag. The members are then requested to ratify the budget at the AGM.