Quarterly State of Building
Auto-generated for the committee from financials, CWF, jobs, contractor performance and resident sentiment. Q1 FY26 · ready to send.
Executive summary
The building had a strong Q1 with 94% fund health and NSW CWF compliant. 38 work orders closed at 4.6/5 average resident satisfaction (↑ 0.3 vs Q4). Two items need committee attention: lift A modernisation ($180k, 2029) needs a funding pathway decision, and by-law 14 (noise) failed circular — recommend re-tabling at the AGM with broker-mediated wording.
Financial health
94%
+2 vs Q4
CWF on plan
Yes
Reviewed Apr
Jobs closed
38
Avg 6.2 days
Resident NPS
+48
+12 vs Q4
Financial position
Admin fund balance$148,200
Capital works fund balance$487,200
Arrears (>30 days)$8,440
Collection rate (12mo)94.2%
YTD vs budget-2.1% (favourable)
Maintenance
WOs raised this quarter42
WOs closed38
Avg time to close6.2 days
Preventative compliance100%
Open emergency items0
Capital works (CWF)
Fund health94%
NSW mandateCompliant
Next major drawLift A modernisation 2029 · $180k
AI alertPool pump #2 likely to fail pre-2027
Partner pricing lockedJLG: 4 of 6 line items
Resident sentiment
NPS+48 (Promoter zone)
Responses (90d)124 / 38 WOs
Top praiseSpeed of plumbing response
Top concernCommon-area cleaning frequency
By-law complaints3 (1 closed, 2 in progress)
Decisions made this quarter
CR-2026-008Approved $14,200 lift A prelim works (JLG)Passed
CR-2026-007Engaged QS for revised CWF reportPassed
CR-2026-005Adopt revised by-law 14 (noise)Failed
AGM-25Adopted FY25 budget and contributionsCarried
Items requesting committee attention
Lift A modernisation funding pathway
2029 cashflow gap of $128k — model special levy vs staged works.
By-law 14 (noise) re-table at AGM
Failed circular CR-2026-005; suggest mediated wording before notice.
Insurance renewals due 22 Jun
Aon broker confirmed +6.2% renewal; benchmarking vs 2 alternative quotes.