Condo Smarts: Correction to budget must go to special general meeting (BC)

/ Owner - March 10, 2025

Dear Tony: At our recent AGM, we approved an annual operating budget of $414k, which resulted in my unit fees increasing by $28. We received an email a month later stating that the CRF allocation had not been included in the budget’s total or the unit fees and that the new budget was actually $465k and my fees were going up by $52. There are many owners, myself included, that would not have approved such a significant fee increase had the budget been correct when voted upon.   Read the Q&A………………………………..

Comments are closed.