FAQs
What is the format of a strata annual general meeting?
The format of a strata AGM follows that of any organisation, where attendees are allowed to ask questions, vote, and raise their concerns in a formal setting. An annual general meeting agenda will typically include:
- A copy of last year’s AGM minutes and a motion adopting those minutes
- A copy of that year’s financial statement and a motion accepting those financial statements
- Motions to set the quarterly levies for the next financial year
- Information and motions concerning any insurance policies currently held
- A motion to decide what may be agreed by the strata committee
- Motions to determine the number of members of the strata committee and their election
- An item reviewing any capital works or maintenance plans
- Anything else owners want to be raised at the meeting
As a consequence of the Covid pandemic, many owners corporations have pivoted to holding their meetings online, thereby eliminating the need to hold evening meetings at the strata manager’s office.