Funding and Treasury Archives | Page 4 of 5

8 March 2023 Funding and Treasury

A Credit Control Policy - keeping a grip on your community scheme's finances

In this blog, we continue our series on tips for bodies corporate to navigate a financial crisis. (See part I and part II). As body corporate members, unit owners are legally bound to pay their monthly levies. However, tough economic times can result in homeowners falling into arrears.

A woman taking a reading of water meters

2 March 2023 Funding and Treasury, Legal and Advisory

A better way to manage and monitor water consumption

South Africa celebrated National Water Week from 20 to 26 March. This event aims to raise awareness about water conservation by discouraging irresponsible water use.

27 October 2022 Funding and Treasury, Vlog

Project funding: a case study

Community schemes are often left in the unenviable position where they require an urgent ad-hoc service or project to be completed, but don't necessarily have the funds in reserve at the time for this to happen. Raising a special levy is also not always possible. Securing project funding may be the best option to protect property value and/or prevent building decay.

Group of people around a table and two men shaking hands

30 June 2022 Funding and Treasury, Update

Navigating the community scheme lending space - practical considerations

When you buy a unit in a sectional title scheme, you are also buying into the assets and liabilities of the whole scheme. Sometimes, that scheme has arrear levy debt or needs urgent funds to pay for maintenance-related issues.

28 April 2022 Funding and Treasury

Tip the scales in favour of your scheme’s assets

We have talked a lot about what happens when community schemes run into trouble because of arrear levy debt or urgent unexpected expenses. However, on the flip side, well-managed and financially sound community schemes can often hold significant amounts of excess cash.

31 March 2022 Funding and Treasury

Keeping the city’s finger off the light switch

In a bold and decisive move, the City of Tshwane started a revenue-collection campaign disconnecting electricity to non-paying customers since early in February. They certainly followed through on their “no fear, no favour” drive, targeting approximately 533 government accounts and 528 business accounts.

15 December 2021 Funding and Treasury, Legal and Advisory

Funding and Treasury

A Credit Control Policy - keeping a grip on your community scheme's finances

A better way to manage and monitor water consumption

Project funding: a case study

Navigating the community scheme lending space - practical considerations

Tip the scales in favour of your scheme’s assets

Keeping the city’s finger off the light switch

The tail cannot wag the dog

Managing arrear levy debt for a stress-free December

Community scheme levy relief during Covid-19 – tips for scheme executives

How to ensure the financial stability and sustainability of your community scheme

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