Money

Sea Point MewsSS 214/1998Levy roll for 2026-08 · every figure below is summed from the ledger, not stored

Raised this month

R518 871

100 units, split by quota

Collected

R480 443

93% of the roll

Outstanding

R38 428

This month only

Total arrears

R336 025

5% of the annual levy

Arrears

3 units are 52% of it

Unit	Owner	Balance	Behind	Stage	Where it stands
43	Pieter Dlamini	R64 797	8.6 months 258 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
36	Yusuf Samuels	R63 912	8.6 months 258 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
46	Anneke Venter	R44 950	8 months 239 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
84	Nomsa Zwane	R44 820	7.7 months 230 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
12	Pieter Ndlovu	R40 711	10.7 months 319 days	arrangement 4 reminders	Owner has asked to settle over two months. The credit policy allows up to three.
99	Nomsa Abrahams	R35 554	8.2 months 246 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
48	Carien Nkosi	R28 388	7.5 months 224 days	attorney 4 reminders	Handed to the scheme's attorneys under the credit control policy.
69	Stefan Solomons	R12 894	3.5 months 103 days	demand 3 reminders	Section 13 demand drafted and waiting on a trustee.

Concentration is what decides the response. 3 units are 52% of it — that is a small number of conversations, not a policy problem. Reminders sent on the 25th are paid four times more often than reminders sent on the 1st.

The two funds

Administrative fund

R913 500

Day-to-day running of the scheme.

Reserve fund

R5 428 800

78% of the R6 960 000 the 10-year plan calls for.

Next major work: Roof replacement, blocks A and B in 2028, estimated R6 124 800.

Draft the funding optionsOpen the 10-year plan