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	<title>Comments on: $1 billion in town council funds : what&#8217;re they used for?</title>
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	<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/</link>
	<description>a community of Singaporeans</description>
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		<title>By: George</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-103730</link>
		<dc:creator>George</dc:creator>
		<pubDate>Tue, 08 Sep 2009 09:20:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-103730</guid>
		<description>A ruly accountable TC will have a policy statement that clearly show its objectives and investment strategy. It will also indicate what social policy it will pursue. When recession hit the economy, measures to reduce cost to the residents should be a priority. After all the fund belong to all the residents and it is there for time like this. Getting out of touch with reality is the first sign that those in charge is living in a different world. The whole political system in our country is so corrupt and out of touch with the ordinary citizen that I am afraid something truely radical have to take place before we could restore a fairer society that could offer a level playing field for all. Many had taken the easy option of packing up and buying a one-way ticket to greener pastures. For those without this option, sadly have to stay put and tough it out. But there is a simple way out. Use your vote wisely come the next GE. That is the only constitutional right we still possess as SinKaporean. Miss it and there will a long wait for the next round. Surely we had been patience and  good citizen, over all these years.We let our elected leaders to do their job but what had they done lately - world breaking news for being the highest paid ministers in the world. Are they meeting the needs of Sinkaporean especially those economically disadvantaged, aged and sick? If they had done a good job we would not been blogging about their greed, evil and nepotism.</description>
		<content:encoded><![CDATA[<p>A ruly accountable TC will have a policy statement that clearly show its objectives and investment strategy. It will also indicate what social policy it will pursue. When recession hit the economy, measures to reduce cost to the residents should be a priority. After all the fund belong to all the residents and it is there for time like this. Getting out of touch with reality is the first sign that those in charge is living in a different world. The whole political system in our country is so corrupt and out of touch with the ordinary citizen that I am afraid something truely radical have to take place before we could restore a fairer society that could offer a level playing field for all. Many had taken the easy option of packing up and buying a one-way ticket to greener pastures. For those without this option, sadly have to stay put and tough it out. But there is a simple way out. Use your vote wisely come the next GE. That is the only constitutional right we still possess as SinKaporean. Miss it and there will a long wait for the next round. Surely we had been patience and  good citizen, over all these years.We let our elected leaders to do their job but what had they done lately &#8211; world breaking news for being the highest paid ministers in the world. Are they meeting the needs of Sinkaporean especially those economically disadvantaged, aged and sick? If they had done a good job we would not been blogging about their greed, evil and nepotism.</p>
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		<title>By: kelly</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-38516</link>
		<dc:creator>kelly</dc:creator>
		<pubDate>Mon, 08 Dec 2008 02:09:05 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-38516</guid>
		<description>@ Patriot.  I feel it isn&#039;t totally Dr. Teo Ho Pin&#039;s fault.  Who knows?  May be he was in the dark till more recently - as you know - MPs don&#039;t always handle all calls and all minute details themselves.  Very easily, an important phone call or email can slip and go unnoticed because they are screened by assistants.

While Dr. Teo Ho Pin may have accidentally leaked about the investments on SCC (service &amp; conservancy charges), it&#039;s anybody&#039;s guess who told him to shut up (the sudden revelation that the TC accounts are &quot;private and confidential&quot; and that he can&#039;t reveal anything else).  And a guess can be right and it can be wrong!

Patriot said,&quot;If there’s indeed such excess funds with TC, then stop taxing us as our salary would soon be cut (special effort driven by government and DBS). Maybe some will even loose their jobs next year!&quot;

TOTALLY AGREE!</description>
		<content:encoded><![CDATA[<p>@ Patriot.  I feel it isn&#8217;t totally Dr. Teo Ho Pin&#8217;s fault.  Who knows?  May be he was in the dark till more recently &#8211; as you know &#8211; MPs don&#8217;t always handle all calls and all minute details themselves.  Very easily, an important phone call or email can slip and go unnoticed because they are screened by assistants.</p>
<p>While Dr. Teo Ho Pin may have accidentally leaked about the investments on SCC (service &amp; conservancy charges), it&#8217;s anybody&#8217;s guess who told him to shut up (the sudden revelation that the TC accounts are &#8220;private and confidential&#8221; and that he can&#8217;t reveal anything else).  And a guess can be right and it can be wrong!</p>
<p>Patriot said,&#8221;If there’s indeed such excess funds with TC, then stop taxing us as our salary would soon be cut (special effort driven by government and DBS). Maybe some will even loose their jobs next year!&#8221;</p>
<p>TOTALLY AGREE!</p>
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		<title>By: Patriot</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-38394</link>
		<dc:creator>Patriot</dc:creator>
		<pubDate>Sun, 07 Dec 2008 07:28:20 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-38394</guid>
		<description>If there isn&#039;t mishandling of public funds, who is responsible for approving such reckless high-risk investment in the first place. Whatever the intention, we need to see some accountability of the such massive losses of SGD 16 million. If Teo Ho Pin directs to sue openly to GOD that his decision to put so much TC funds into credit-linked notes was based on its low-risk nature (explained by the FIs), the public could properly understand. Teo hasn&#039;t shown any remorse for gambling away so much public money by argueing that they are always right. He isn&#039;t fit for that a post and the government should sack him immediately.  If there&#039;s indeed such excess funds with TC, then stop taxing us as our salary would soon be cut (special effort driven by government and DBS). Maybe some will even loose their jobs next year!</description>
		<content:encoded><![CDATA[<p>If there isn&#8217;t mishandling of public funds, who is responsible for approving such reckless high-risk investment in the first place. Whatever the intention, we need to see some accountability of the such massive losses of SGD 16 million. If Teo Ho Pin directs to sue openly to GOD that his decision to put so much TC funds into credit-linked notes was based on its low-risk nature (explained by the FIs), the public could properly understand. Teo hasn&#8217;t shown any remorse for gambling away so much public money by argueing that they are always right. He isn&#8217;t fit for that a post and the government should sack him immediately.  If there&#8217;s indeed such excess funds with TC, then stop taxing us as our salary would soon be cut (special effort driven by government and DBS). Maybe some will even loose their jobs next year!</p>
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		<title>By: Richard Tan</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-34481</link>
		<dc:creator>Richard Tan</dc:creator>
		<pubDate>Thu, 20 Nov 2008 06:13:08 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-34481</guid>
		<description>Just interested to know, actually how much yearly budget have Government given to Town Council every year and how they spend this money?

Another thing, TC said they have earn a sum of money about S$24 million throughout the investment period. Again, where is this profit go to? And are this sum of money reported to the government. And will government reduce the budget to TC due to this earning from this investment?

Can TC allow to investment in HIGH RISK investment using country money? Should someone needed to be responsible for this losses of Singaporean money? Should our Ministry be notify about this investment before it taken place? 8 million is not a small sum of money use to investment a HIGH RISK Invesment, moreover IT IS SINGAPORE MONEY.

Where is the TRANSPARENCY where PAP everytime told us. Should TC give us a Yearly Finacial Reports every year to let us know how &amp; where they spend our money to?</description>
		<content:encoded><![CDATA[<p>Just interested to know, actually how much yearly budget have Government given to Town Council every year and how they spend this money?</p>
<p>Another thing, TC said they have earn a sum of money about S$24 million throughout the investment period. Again, where is this profit go to? And are this sum of money reported to the government. And will government reduce the budget to TC due to this earning from this investment?</p>
<p>Can TC allow to investment in HIGH RISK investment using country money? Should someone needed to be responsible for this losses of Singaporean money? Should our Ministry be notify about this investment before it taken place? 8 million is not a small sum of money use to investment a HIGH RISK Invesment, moreover IT IS SINGAPORE MONEY.</p>
<p>Where is the TRANSPARENCY where PAP everytime told us. Should TC give us a Yearly Finacial Reports every year to let us know how &amp; where they spend our money to?</p>
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		<title>By: anonymous</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-34289</link>
		<dc:creator>anonymous</dc:creator>
		<pubDate>Wed, 19 Nov 2008 14:24:40 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-34289</guid>
		<description>The loss in Creative Technology while still very painful is still not as bad as the minibond losses, because there is at least a residual value left in the Creative shares.   The utter total loss in the minibonds without recovering a single cent back is probably because the banks were offering very attractive incentives for investors to buy their minibonds.  For every $50k of minibonds the bank gives away an expensive digital camera phone or something of equivalent value.  Are all these free gifts accounted for?</description>
		<content:encoded><![CDATA[<p>The loss in Creative Technology while still very painful is still not as bad as the minibond losses, because there is at least a residual value left in the Creative shares.   The utter total loss in the minibonds without recovering a single cent back is probably because the banks were offering very attractive incentives for investors to buy their minibonds.  For every $50k of minibonds the bank gives away an expensive digital camera phone or something of equivalent value.  Are all these free gifts accounted for?</p>
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		<title>By: Gilbert Goh Keow Wah</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-33726</link>
		<dc:creator>Gilbert Goh Keow Wah</dc:creator>
		<pubDate>Tue, 18 Nov 2008 04:17:21 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-33726</guid>
		<description>Ya i was slapped with a legal fee of $100 when my owed town council&#039;s fee for three months was only $225.00. Imagine at least 40% of the total bill was for legal fee.

A friend of mine finally has to attend court hearing as he was shown a lawyer&#039;s letter for failing to pay the town council&#039;s bill for almost six months due to lack of funds.

In the end, he has to borrow to pay off the bill or else they want to put him in JAIL!!! It&#039;s a criminal offence not to pay your town council&#039;s bill  but they can use your money to wager on the stock market!

I have also heard of extreme cases whereby people go to jail for failing to pay excessive town council&#039;s bills.

Sad case our country...</description>
		<content:encoded><![CDATA[<p>Ya i was slapped with a legal fee of $100 when my owed town council&#8217;s fee for three months was only $225.00. Imagine at least 40% of the total bill was for legal fee.</p>
<p>A friend of mine finally has to attend court hearing as he was shown a lawyer&#8217;s letter for failing to pay the town council&#8217;s bill for almost six months due to lack of funds.</p>
<p>In the end, he has to borrow to pay off the bill or else they want to put him in JAIL!!! It&#8217;s a criminal offence not to pay your town council&#8217;s bill  but they can use your money to wager on the stock market!</p>
<p>I have also heard of extreme cases whereby people go to jail for failing to pay excessive town council&#8217;s bills.</p>
<p>Sad case our country&#8230;</p>
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		<title>By: tiredsingaporean</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-33716</link>
		<dc:creator>tiredsingaporean</dc:creator>
		<pubDate>Tue, 18 Nov 2008 03:46:55 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-33716</guid>
		<description>The funny thing here is that they allow TCs to charge higher so they can have more saving kept aside for them to invest (gamble)? On the other hand, those who cannot or unable to pay up their SC&amp;C charges would be charge in court? I really don’t get it, it doesn’t make sense at all?
can anyone please help to explain the logic part of this thing, I still don&#039;t get it!</description>
		<content:encoded><![CDATA[<p>The funny thing here is that they allow TCs to charge higher so they can have more saving kept aside for them to invest (gamble)? On the other hand, those who cannot or unable to pay up their SC&amp;C charges would be charge in court? I really don’t get it, it doesn’t make sense at all?<br />
can anyone please help to explain the logic part of this thing, I still don&#8217;t get it!</p>
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		<title>By: Law</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-33586</link>
		<dc:creator>Law</dc:creator>
		<pubDate>Mon, 17 Nov 2008 16:58:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-33586</guid>
		<description>However wtf are our town council having so much in reserves. All these &quot;XXL&quot; fund could have been better utilized to subsidize our conservancy charges, helping the poor and needy etc. Often we heard about how volatile our economy is, the need to save billions into our reserves in times of eventualities, thus  the need to raise revenue from taxes like GST. Then next moment, we have this &quot;billions&quot; in sinking fund in our town council. 

I am alright with our GIC handling our country reserves by investing, but town council...? Now i am quite perplexed. Are there ministries or government bodies having so much in their reserves also doing some investment too?  In order to fill so many coffers in tiny Singapore, no wonder cost of living in Singapore is going up.

Talk so much also meaningless......like Jack neo recent movie mentioned Singaporeans only KPKB, complain and complain, with no action taken, slowly it becomes none of my business and the issue will die down eventually.</description>
		<content:encoded><![CDATA[<p>However wtf are our town council having so much in reserves. All these &#8220;XXL&#8221; fund could have been better utilized to subsidize our conservancy charges, helping the poor and needy etc. Often we heard about how volatile our economy is, the need to save billions into our reserves in times of eventualities, thus  the need to raise revenue from taxes like GST. Then next moment, we have this &#8220;billions&#8221; in sinking fund in our town council. </p>
<p>I am alright with our GIC handling our country reserves by investing, but town council&#8230;? Now i am quite perplexed. Are there ministries or government bodies having so much in their reserves also doing some investment too?  In order to fill so many coffers in tiny Singapore, no wonder cost of living in Singapore is going up.</p>
<p>Talk so much also meaningless&#8230;&#8230;like Jack neo recent movie mentioned Singaporeans only KPKB, complain and complain, with no action taken, slowly it becomes none of my business and the issue will die down eventually.</p>
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		<title>By: tiredsingaporean</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-29263</link>
		<dc:creator>tiredsingaporean</dc:creator>
		<pubDate>Sun, 02 Nov 2008 14:57:43 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-29263</guid>
		<description>15) TuraiKiller on December 5th, 2007 7.34 pm why refuse removal charge was reflected on our PUB bill &amp; should that included with monthly Town Council S &amp; C charges, isn’t this a double charge from every local residents. Even Pub bill there are a lot of additional charge with adding burden to every citizen residents. The Charges like water conservative tax when there are already got 7% gst, look how greedy our government semi government sector.

Furthermore, what the hack of this sanitary appliance fee for 2 fittings, shouldn’t that consider our home mortage when we purchased the so called subsidy flat. Lastly, waterborne fee, look i am ready sick of our government sucker mentality money driven strategy company.

They can and will come up just about anything and everything to collect any extras $$$ from the citizens, all these applies to all garment and semi-garment or related companies all these years since the last GE. So now you know who you would vote coming next GE.</description>
		<content:encoded><![CDATA[<p>15) TuraiKiller on December 5th, 2007 7.34 pm why refuse removal charge was reflected on our PUB bill &amp; should that included with monthly Town Council S &amp; C charges, isn’t this a double charge from every local residents. Even Pub bill there are a lot of additional charge with adding burden to every citizen residents. The Charges like water conservative tax when there are already got 7% gst, look how greedy our government semi government sector.</p>
<p>Furthermore, what the hack of this sanitary appliance fee for 2 fittings, shouldn’t that consider our home mortage when we purchased the so called subsidy flat. Lastly, waterborne fee, look i am ready sick of our government sucker mentality money driven strategy company.</p>
<p>They can and will come up just about anything and everything to collect any extras $$$ from the citizens, all these applies to all garment and semi-garment or related companies all these years since the last GE. So now you know who you would vote coming next GE.</p>
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		<title>By: kelly</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-28399</link>
		<dc:creator>kelly</dc:creator>
		<pubDate>Wed, 29 Oct 2008 21:40:52 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-28399</guid>
		<description>#19  Good observation!  I doubt of a satisfactory explaination unless we form a mass petition of some kind!</description>
		<content:encoded><![CDATA[<p>#19  Good observation!  I doubt of a satisfactory explaination unless we form a mass petition of some kind!</p>
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		<title>By: SM Goh tells residents to check opposition&#8217;s town council accounts &#124; this lush garden within</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-15992</link>
		<dc:creator>SM Goh tells residents to check opposition&#8217;s town council accounts &#124; this lush garden within</dc:creator>
		<pubDate>Mon, 28 Jul 2008 02:15:28 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-15992</guid>
		<description>[...] opposition town councils, these town councils have vast amounts of funds ($1 billion in total, according to TOC) in their kitties so all the more they should be monitored closely to ensure nothing goes wrong. It [...]</description>
		<content:encoded><![CDATA[<p>[...] opposition town councils, these town councils have vast amounts of funds ($1 billion in total, according to TOC) in their kitties so all the more they should be monitored closely to ensure nothing goes wrong. It [...]</p>
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		<title>By: not_here</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3891</link>
		<dc:creator>not_here</dc:creator>
		<pubDate>Mon, 10 Dec 2007 21:30:18 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3891</guid>
		<description>so much money and yet so little done for the estates and we even have the govt saying that the punggol CC requires fund raising before it can be built. looks like whatever going into the pockets will find it difficult to be distributed back to the citizens and ended up, we have the town council trying to earn more money and focus in investment instead of thinking how to improve each town and quality of living.</description>
		<content:encoded><![CDATA[<p>so much money and yet so little done for the estates and we even have the govt saying that the punggol CC requires fund raising before it can be built. looks like whatever going into the pockets will find it difficult to be distributed back to the citizens and ended up, we have the town council trying to earn more money and focus in investment instead of thinking how to improve each town and quality of living.</p>
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		<title>By: Anonymous</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3893</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Mon, 10 Dec 2007 15:24:26 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3893</guid>
		<description>Why you all so worried about the 1 bn?  GIC just bailed out UBS with a 10 bn capital injection.  Imagine 10 bn growing at 5% interest ... do you still need longivity annuity?</description>
		<content:encoded><![CDATA[<p>Why you all so worried about the 1 bn?  GIC just bailed out UBS with a 10 bn capital injection.  Imagine 10 bn growing at 5% interest &#8230; do you still need longivity annuity?</p>
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		<title>By: Crazy Dog</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3894</link>
		<dc:creator>Crazy Dog</dc:creator>
		<pubDate>Mon, 10 Dec 2007 14:40:07 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3894</guid>
		<description>Vote wisely next time !!! If you have a chance to vote at all !!!!</description>
		<content:encoded><![CDATA[<p>Vote wisely next time !!! If you have a chance to vote at all !!!!</p>
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		<title>By: Terence Lee</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3892</link>
		<dc:creator>Terence Lee</dc:creator>
		<pubDate>Mon, 10 Dec 2007 14:24:31 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3892</guid>
		<description>I cannot comprehend. Why is $1b used for investment when our government cannot even fork out $20 more for the poorer citizens who cannot even afford $1. I cannot even comprehend how the people in Town Council can have good investment foresight. If they do, they wouldn&#039;t be in the Town Council will they?

The covered walkway, the fancy (but slippery) tiles at the void deck, the expensive designer playground are redundant for the average commoners. What I would like to see is the money being used to subsidize our poor old folks who live in poverty after toiling almost all their lives for Singapore. Why are we still asking them to work, work, work? Why not just spare a bit of that $1b as welfare for them? I&#039;m appalled.</description>
		<content:encoded><![CDATA[<p>I cannot comprehend. Why is $1b used for investment when our government cannot even fork out $20 more for the poorer citizens who cannot even afford $1. I cannot even comprehend how the people in Town Council can have good investment foresight. If they do, they wouldn&#8217;t be in the Town Council will they?</p>
<p>The covered walkway, the fancy (but slippery) tiles at the void deck, the expensive designer playground are redundant for the average commoners. What I would like to see is the money being used to subsidize our poor old folks who live in poverty after toiling almost all their lives for Singapore. Why are we still asking them to work, work, work? Why not just spare a bit of that $1b as welfare for them? I&#8217;m appalled.</p>
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		<title>By: Foo P M</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3890</link>
		<dc:creator>Foo P M</dc:creator>
		<pubDate>Sun, 09 Dec 2007 14:33:52 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3890</guid>
		<description>Town Council funds and UNCOMMON Conservancy Charges for COMMON Area Maintenance?

It is interesting to note that Town Councils actually use public funds to invest, and that there is $1billion in town council funds? It is appalling to learn that Town Councils, with example of Holland-Bukit Timah Town Council&#039;s investments, should even invest using public funds that are meant for common area maintenance. In addition, nothing is done to pass back the huge amount of earnings back to the residents as savings. In fact, the conservancy charges seem to increase at every opportunity available, e.g. increase in GST.

On this note, with references to Ms Maria Loh Mun Foong&#039;s letter on &quot;Why higher fees for empty flat?&quot; (on ST Forum, Sep 29, 2007), as well as the news article &quot;Hougang Council Raises Conservancy Charges&quot; (by Jeremy Au Yong on ST, on 3 Oct 07), I&#039;m writing this letter to the Town Councils to query their rationale for the current differentiation of Service and Conservancy Charges (SCC) rates based on the type of flat. I opine that the logic behind this design is fundamentally flawed, as the system is not consistent with its very purpose for which it is used for.

1) Purpose of SCC. SCC that are &quot;collected by the Town Council monthly are for the maintenance and enhancement of the common areas. This does not include collecting and removal of refuse.&quot; (ref: http://services.spservices.sg/cs_faq.htm#Qn8b) Purpose of SCC is to provide for funds needed for the maintenance of common areas in the estate (i.e. the corridor, walkways, playground, etc). How then does each individual flat area fall under the definition of &quot;common area&quot;? Each flat is an area that is &quot;privately utilised&quot; by each owner. Unless Town Council is intending to maintain the individual flat&#039;s premises, there is no grounds to include each individual flat area as &quot;common area&quot;.

2) Property Tax &amp; Refuse Removal. Property tax is already differentiated based on the type of flat that one stays in, and this is consistent since personal property is not shared common land. Thus, it is fair that property tax be based on the size of the flat and its share value. However, there is no reason that the SCC, which is for the maintenance of &quot;common areas&quot;, should be based on the same principle used in property tax calculation as well. Likewise, the refuse removal charges for each property owner are paid to the SembWaste Pte Ltd in the monthly utilities bill.

As such, I think Town Council should be clear on what &quot;common areas&quot; constitutes. Common areas in the estates (in both private estates or HDB estates) are, as the name suggests, utilised by everyone regardless of the size of property they stay in. i.e. someone staying in a 3-room flat will also use the same corridor, same lift, same walkways, same playground, same void deck, as another person staying in a 5-room flat.

I opine that SCC, based on its purpose of maintenance of common areas, should be a flat rate for all flat owners regardless the type of HDB apartment that he or she owns.

I have raised this issue to Town Council since Nov 2006, but have yet to receive a satisfactory reply on this query. I would appreciate that Town Council will review the logic behind SCC (i.e. the &quot;why&quot; of SCC, and not the &quot;what&quot; of SCC), and correspondingly review the existing system of differentiated SCC charges.


Senja Link
Bukit Panjang</description>
		<content:encoded><![CDATA[<p>Town Council funds and UNCOMMON Conservancy Charges for COMMON Area Maintenance?</p>
<p>It is interesting to note that Town Councils actually use public funds to invest, and that there is $1billion in town council funds? It is appalling to learn that Town Councils, with example of Holland-Bukit Timah Town Council&#8217;s investments, should even invest using public funds that are meant for common area maintenance. In addition, nothing is done to pass back the huge amount of earnings back to the residents as savings. In fact, the conservancy charges seem to increase at every opportunity available, e.g. increase in GST.</p>
<p>On this note, with references to Ms Maria Loh Mun Foong&#8217;s letter on &#8220;Why higher fees for empty flat?&#8221; (on ST Forum, Sep 29, 2007), as well as the news article &#8220;Hougang Council Raises Conservancy Charges&#8221; (by Jeremy Au Yong on ST, on 3 Oct 07), I&#8217;m writing this letter to the Town Councils to query their rationale for the current differentiation of Service and Conservancy Charges (SCC) rates based on the type of flat. I opine that the logic behind this design is fundamentally flawed, as the system is not consistent with its very purpose for which it is used for.</p>
<p>1) Purpose of SCC. SCC that are &#8220;collected by the Town Council monthly are for the maintenance and enhancement of the common areas. This does not include collecting and removal of refuse.&#8221; (ref: <a href="http://services.spservices.sg/cs_faq.htm#Qn8b" rel="nofollow">http://services.spservices.sg/cs_faq.htm#Qn8b</a>) Purpose of SCC is to provide for funds needed for the maintenance of common areas in the estate (i.e. the corridor, walkways, playground, etc). How then does each individual flat area fall under the definition of &#8220;common area&#8221;? Each flat is an area that is &#8220;privately utilised&#8221; by each owner. Unless Town Council is intending to maintain the individual flat&#8217;s premises, there is no grounds to include each individual flat area as &#8220;common area&#8221;.</p>
<p>2) Property Tax &amp; Refuse Removal. Property tax is already differentiated based on the type of flat that one stays in, and this is consistent since personal property is not shared common land. Thus, it is fair that property tax be based on the size of the flat and its share value. However, there is no reason that the SCC, which is for the maintenance of &#8220;common areas&#8221;, should be based on the same principle used in property tax calculation as well. Likewise, the refuse removal charges for each property owner are paid to the SembWaste Pte Ltd in the monthly utilities bill.</p>
<p>As such, I think Town Council should be clear on what &#8220;common areas&#8221; constitutes. Common areas in the estates (in both private estates or HDB estates) are, as the name suggests, utilised by everyone regardless of the size of property they stay in. i.e. someone staying in a 3-room flat will also use the same corridor, same lift, same walkways, same playground, same void deck, as another person staying in a 5-room flat.</p>
<p>I opine that SCC, based on its purpose of maintenance of common areas, should be a flat rate for all flat owners regardless the type of HDB apartment that he or she owns.</p>
<p>I have raised this issue to Town Council since Nov 2006, but have yet to receive a satisfactory reply on this query. I would appreciate that Town Council will review the logic behind SCC (i.e. the &#8220;why&#8221; of SCC, and not the &#8220;what&#8221; of SCC), and correspondingly review the existing system of differentiated SCC charges.</p>
<p>Senja Link<br />
Bukit Panjang</p>
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		<title>By: saintmoron</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3889</link>
		<dc:creator>saintmoron</dc:creator>
		<pubDate>Fri, 07 Dec 2007 16:39:43 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3889</guid>
		<description>The truth is You see more Singaporeans picking anything that can get them a little value to survive; see Martyn Sees&#039; video for proof.</description>
		<content:encoded><![CDATA[<p>The truth is You see more Singaporeans picking anything that can get them a little value to survive; see Martyn Sees&#8217; video for proof.</p>
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		<title>By: shirley</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3888</link>
		<dc:creator>shirley</dc:creator>
		<pubDate>Fri, 07 Dec 2007 04:35:37 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3888</guid>
		<description>As part of the younger generation in sg, I will be reminded to cast my vote wisely in the next round of election. May I implore for more truth to be revealed as we continue be disgusted by the current govt.</description>
		<content:encoded><![CDATA[<p>As part of the younger generation in sg, I will be reminded to cast my vote wisely in the next round of election. May I implore for more truth to be revealed as we continue be disgusted by the current govt.</p>
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		<title>By: saintmoron</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3878</link>
		<dc:creator>saintmoron</dc:creator>
		<pubDate>Wed, 05 Dec 2007 13:40:33 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3878</guid>
		<description>This money crazy society will soon be undone by the greedy culture eventually.</description>
		<content:encoded><![CDATA[<p>This money crazy society will soon be undone by the greedy culture eventually.</p>
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		<title>By: TuraiKiller</title>
		<link>http://theonlinecitizen.com/2007/12/1-billion-in-town-council-funds-whatre-they-used-for/comment-page-1/#comment-3876</link>
		<dc:creator>TuraiKiller</dc:creator>
		<pubDate>Wed, 05 Dec 2007 11:34:56 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/2007/12/03/1-billion-in-town-council-funds-whatre-they-used-for/#comment-3876</guid>
		<description>why refuse removal charge was reflected on our PUB bill &amp; should that included with monthly Town Council S &amp; C charges, isn&#039;t this a double charge from every local residents. Even Pub bill there are a lot of additional charge with adding burden to every citizen residents. The Charges like water conservative tax when there are already got 7% gst, look how greedy our government semi government sector.

Furthermore, what the hack of this sanitary appliance fee for 2 fittings, shouldn&#039;t that consider our home mortage when we purchased the so called subsidy flat. Lastly, waterborne fee, look i am ready sick of our government sucker mentality money driven strategy company.</description>
		<content:encoded><![CDATA[<p>why refuse removal charge was reflected on our PUB bill &amp; should that included with monthly Town Council S &amp; C charges, isn&#8217;t this a double charge from every local residents. Even Pub bill there are a lot of additional charge with adding burden to every citizen residents. The Charges like water conservative tax when there are already got 7% gst, look how greedy our government semi government sector.</p>
<p>Furthermore, what the hack of this sanitary appliance fee for 2 fittings, shouldn&#8217;t that consider our home mortage when we purchased the so called subsidy flat. Lastly, waterborne fee, look i am ready sick of our government sucker mentality money driven strategy company.</p>
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