Posted by claire (director's hat on) on July 20, 2007, 11:03 am, in reply to "Re: some maths on service charges"
Message modified by user claire July 20, 2007, 2:31 pm

Many of the questions in your original post have already been answered by some of the ealier posts on this board. In brief, the percentages for every flat would have varied, according to the block in question and the apportionment by flat size. We do not have a target as such, but we do make every effort to keep costs down (we would like them below 2005 levels!). Our target is to maintain the quality of BW for the lowest spend. As has been posted many times already, this has been a particularly difficult year for the estate as a couple of large expenditure items outside the scope of the normal maintenance schedule have depleted the reserves of the estate as a whole and some individual blocks, the Wheelhouse being the hardest-hit block. We hope not to have another year like it but we cannot say that next year service charges will decrease by X% because the nature of unexpected expenditure is that it is unexpected! We are always mindful of the need to save money whilst maintaining BW as a quality and pleasant place to live.

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