Frequently Asked Questions
Can I customise the forecast?
Yes. You can adjust building details, asset costs, replacement timelines, and contribution targets to suit your specific property.
What format does the final report come in?
You can export your forecast as a PDF or Excel file, ready to share with your committee or store for records.
What is a sinking fund forecast?
A sinking fund forecast is a long-term financial plan that estimates how much money a strata building should set aside each year for future maintenance and capital works.
How are the costs in the forecast calculated?
The tool uses industry-standard benchmarks for typical strata building components (e.g. painting, roofing, fencing) based on size, type, and lifespan. You can use default estimates or enter your own values to suit your building’s needs.
Is this suitable for newly built buildings?
Absolutely. Starting a sinking fund forecast early helps avoid future funding gaps and ensures you’re planning from day one.
