WHAT’S THE STORIES

Love your levy

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Date 08 April 2022
Author Chulumanca
Contact Name ...
Contact Email info@centurycity.co.za
Contact Telephone +27 21 552 6889
URL Century City

Yes, your levy needs a whole lot of love because it is responsible for funding the incredible smart city precinct that is Century City.

In this new series, we'll be breaking down what Century City Property Owners' Association does with the levy contributions it receives and why it matters.

Let's start at the very beginning: the budget.  The CCPOA presents an Annual Budget to the Century City Board for approval every year.  The Annual Budget covers the provision for safety and security, landscaping, cleaning, maintenance, environmental, transport and administrative services, as well as all capital expenditures for major projects.

Above are summaries of where the income is derived and what this income is spent on.

On our next Century City Chat, we'll take a closer look at who pays levies and a more in-depth analysis of expenditure.