Strata finances

Special levies explained in plain English

What a special levy is, who approves it, how contributions are calculated and what information owners should receive.

5-minute readReviewed 24 August 2026Owners, committee members and managers
The short answer

A special levy raises additional money when the administrative or capital works fund is insufficient. It is determined by the owners corporation at a general meeting and contributions are generally based on unit entitlement. A sound proposal explains the purpose, amount, timing, evidence and impact on owners.

The five-minute framework

Think before you act.

1. Confirm the funding gap

Check the approved budget, current fund balance, committed expenditure and capital works plan. Identify why existing funds are insufficient.

2. Define the work and amount

Use a clear scope, appropriate reports and comparable quotes. Explain any contingency.

3. Prepare the owner decision

Set out the levy amount, purpose, fund, due dates and contribution basis in the meeting material. Explain alternatives and consequences of delay where relevant.

4. Plan fair communication

Give owners usable notice and context. Consider instalments where practical, without obscuring the scheme's cash-flow needs.

5. Track restricted use

After approval, account for the levy in the correct fund, monitor expenditure against its purpose and report material changes.

Watch for

  • Choosing the amount before defining the scope
  • Ignoring cash-flow dates
  • Assuming every lot pays the same amount
  • Using funds for a different purpose without checking authority

Escalate when

  • The contribution calculation is disputed
  • The levy funds major or regulated building work
  • Borrowing or another funding arrangement is proposed
  • Hardship or debt recovery requires careful handling
Official references checked

Source-controlled learning

Reviewed against the following current official material on 24 August 2026. Open the source to check the latest version before relying on it.

Learning boundary: This is general NSW strata learning, not financial or legal advice. Check the legislation, meeting motion, unit entitlements, fund records and scheme circumstances.
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