Sinking Fund Forecast
Building dilapidation occurs over the life of the building with wear and tear taking effect from day one.
A pay as you go levy structure based on the recommendations of a sinking fund forecast, ensures there are sufficient funds available to adequately meet expenses of a capital nature as it falls due.
By levying regular contributions for the expected liabilities, the financial burden of one-off or special levies is removed, providing a fair and equitable accounting methodology to all owners within a strata scheme.
A Herron Todd White prepared sinking fund forecast provides a solid platform to accurately forecast future requirements, ensuring costs and life cycles are in line with the expectations of the owners’ corporation and market conditions.
Our in-house software has been specifically designed to ensure our sinking fund forecast meets the needs of the owners’ common property items of a capital nature.
Ask us about combining your sinking fund forecast with a replacement cost estimate report for a reduced fee.