The administration or operational budget is passed usually at an annual general meeting. These are simply put the regular expenses. Here are the five purposes of why this particular budget should be raised at each and will general meeting by your strata community .

1. Regular repair and maintenance of the common property - there is no doubt that from time to time your strata community's common property would require regular repair and maintenance and raising that administration or operational budget is definitely important in carrying out these regular repairs or maintenance.    

2. Common property insurance premium - a big chunk as we say of administration or operational budget is for that funding to be contributed to the premium of the strata insurance. It's important that the strata community make sure that there's a sufficient bud ...