"The whole strata community owes a huge debt of gratitude to you and the OCN executive. Much appreciated."
18.104.22.168 Setting the budget
Generally the treasurer works with the strata manager to produce a budget to present to the owners corporation for approval at the annual general meeting. The best way to set a budget is to look at the past two year’s income and expenditure line item by line item. See the budget estimate vs the actual variances and determine which of those items have been similar to the past 2 years. Those items that vary significantly from year to year or from actual to estimate need to be understood with a bit more clarity before putting a budget estimate against the item.