Strata Chat With Joey

All committees have a spending limit. It may be $200 per lot of that amount might be greater than that if the amount has been varied in a general meeting. The committee spending limit is a handbrake on committee spending and it can make the committee stop and consider getting a second quote. Sometimes in the interests of practicality the committee will spend more than the spending limit if an issue needs to be attended to quickly. They may ask owners to ratify this spend at the next general meeting.