01 · Management committees
The building's budget, line by line
The question
When owners at the building's AGM ask why the maintenance charge should go up, which cost lines can the committee show them?
What Anycomp Property does
Anycomp Property builds next year's budget from each service contract and last year's actuals, keeps maintenance and sinking fund lines apart, and shows budget, committed and actual for every line each month.
What the team sees
- Next year's budget seeded from each service contract
- Maintenance and sinking fund kept on separate lines
- Budget, committed and actual each month, with a reason on every large variance
