StrataCo prepares financial accounts in compliance with state legislation and regulations.
The annual income and expenditure statements together with next years proposed budget are enclosed for each owner’s review with the Annual General Meeting agenda.
StrataCo issues levies to owners and ensures they are paid directly into a separate bank account for the Owners Corporation.
Various payment options are offered including:
• Credit Card
• Cash via Australia Post Billpay.
StrataCo manages debtors for all properties through monitoring of arrears and legal recovery as necessary.
Through very effective control methods we are proud of our low arrears rate which ensures positive cash flow for our Owners Corporations.