Ang Mo Kio Town Council Runs $6.2Mil Deficit, But Gets $13.9Mil Government Grant?

[makapaaa]

http://sgfuck.org/mybb/Thread-AMK-runs-6-2M-deficit-gets-13-9M-grants


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[TD] Ang Mo Kio Town Council Runs $6.2Mil Deficit, But Gets $13.9Mil Government Grant?


http://redwiretimes.com/cow-beh-cow-...ernment-grant/

Desmond Lee, the Minister of State for National Development and MP for Jurong GRC, issued a statement on 7 November 2014, criticising WP for accumulating arrears and running a deficit in the management of its town council, AHPETC.

Mr Lee, who is the son of former Cabinet minister Lee Yock Suan, said:


“Before merger, Aljunied had an operating surplus of $3.3m. Within two years, the merged AHPETC’s financial position has deteriorated rapidly. The operating surplus of $3.3m Aljunied had in FY10 had turned into an operating deficit of $734,000 in FY12.”

On Saturday (15 Nov), former PAP chairman Lim Boon Heng also took a swipe at WP at a grassroots event (‘Lim on arrears: What’d happen if WP were to run SG?‘).

Mr Lim said that the WP-run town council’s swing from an operating surplus to a deficit in the short span of 3 years is worrying.

“If they (WP) can’t even manage a simple thing like a town council, then it begs the big question: If you put them in charge of the country, what will be the outcome?” he added.

WP chairman Sylvia Lim has told the media that the town council would respond in due course. She has previously said that the town council is checking the arrears data and will address the matter later after the financial information of AHPETC has been sorted out.

We examined the annual reports of several town councils and found that, in reality, all are running deficits (‘Desmond Lee, all town councils run deficits!‘).

In fact, all the town councils require government grants to operate as the conservancy charges collected from HDB residents are not enough to cover expenses, generally speaking.

We did try to review the report on AMKTC’s website [Link] but it only carried the latest report (FY13/14). Past reports are not available.

This is AMKTC’s FY13/14 report and here are our findings:

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[makapaaa]

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AMKTC includes Ang Mo Kio GRC (headed by PM Lee) and Sengkang West SMC (headed by Dr Lam Pin Min), with a total of 205,953 electors [Link]. As can be seen, even AMKTC ran a deficit in its financial year ending 31 Mar 2014. The deficit (after tax but before government grants) was $6,153,000. The government gave a total grant of $13.9 million to AMKTC. After transferring a portion to the Sinking Funds and the Town Improvement & Project Funds, the actual government grant in the income and expenditure statement for AMKTC was $8.3 million. Subtracting the deficit of $6,153,000 from this actual grant gave AMKTC a surplus of $2,116,000. Total grant per elector: $68. The financials (FY12/13) of other town councils which have been examined by TRE are as follows: I, being poor, have only my dreams; I will do my utmost to keep them alive. Against tyrants and adversity, I will strive. Together, a better future, we will realise...... (This post was last modified ​

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[makapaaa]

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It is interesting to note that both Tanjong Pagar TC and Ang Mo Kio TC received more than $10 million of government grants each (FY12/13 and FY13/14 respectively). But for WP, prominent blogger Leong Sze Hian reported that government grants to AHPETC have been decreasing (‘Govt grants to Aljunied decreased 73% after PAP lost to WP?‘): Govt grants decreased by $19.4m after the loss (of Aljunied GRC) to WP? Government grants (to AHPETC) were about $26.7 million, $7.3 million and $7.3 million, for the years ended 31 March 2011, 2012 and 2013, respectively. So, does it mean that Aljunied’s government grants decreased by about $19.4 million ($26.7 minus $7.3 million) or a whopping 73%, after it was lost to the WP? Why do this to Singaporeans in Aljunied? If this is the case, as a resident of Aljunied and on behalf of my fellow Aljunied residents, and if I may say all Singaporeans – Why? In any case, it seems that TPTC and AMKTC are really well taken care of by the government. What do you think? This story was first published onTR Emeritus. Send us your stories at [email protected] Related posts: 1.This is Why Aljunied Always Fails Town Councils’ Reports 2.Since Independence, More Problems and No Solutions, but PAP Ministers’ Salaries Up by 3600% 3.NEA Plainly ‘Bullying’ Opposition Aljunied Ward 4.Singapore Government Boosting Growth Now to Max Out Ministers’ Salaries? 5.The Greed of Singapore’s PAP Leaders are Hurting Singaporeans. Here’s How! 6.Worker’s Party, Tell Us How You Burnt up S$4 Million in Two Years on Aljunied? 7.Why Would PAP Wards Have Arrears When Those Who Don’t Pay Get Lawyer’s Letters? 8.Tanjong Pagar Town Council’s Deficit Could be 5 Times More than Aljunied’s. Here’s Why. I, being poor, have only my dreams; I will do my utmost to keep them alive. Against tyrants and adversity, I will strive. Together, a better future, we will realise......

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[makapaaa]

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[makapaaa]

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[virus]

I don't understand all these rubbish. If TCs are indeed running into deficit why r millions being channelled back to central fund? There should not b expectations that cumpulsory protection money is acquired from tc. All tc should divest n return hard earn cash back to residents without fail and with compounding interest made.

 

[looneytan]

must wait long long one

 

[kopiOuncle]

the AHPETC saga will either break or make the Workers' Party

if this is going to be the key issue in this erection, PAP will be gingerly walking on a double edged sword

it will bleed as it slices the workers.....just watch today!!!

nomination day can be another shocking saga too!!!!!!!

stay tuned between 11 am and noon...and history is in the making for Singapore!!!!!!!!!!

all the best and all the worst will surface at that deadly ONE HOUR!!!!!!!!!

 

[looneytan]

all the best and all the worst will surface at that deadly ONE HOUR!!!!!!!!!

How many dogs you can fuck in one hour!

Hey, dogfuck....
Early morning go fuck dog lah!!!!
Hey, dogfuck....
Early morning go fuck dog lah!!!!
Hey, dogfuck....
Early morning go fuck dog lah!!!!

 

[Confuseous]

I don't understand all these rubbish. If TCs are indeed running into deficit why r millions being channelled back to central fund? There should not b expectations that cumpulsory protection money is acquired from tc. All tc should divest n return hard earn cash back to residents without fail and with compounding interest made.

Accounting sleight of hand.
The way Najib moved funds around.

 

[xpo2015]

Their mgmt fees is one million cheaper than comparable WP town council?

 

[escher]

Majulah Singapura

Singaporeans man your battle stations!
Singapore needs you now!

http://www.tremeritus.com/2015/08/31/urgent-need-for-volunteers-to-help-the-opposition-repost/

[h=2]Urgent need for volunteers to help the opposition (repost)[/h]

August 31st, 2015 |

Author: Contributions

Dear
fellow Opposition supporters,

I have a message that I urgently want to share. The time has come for us to
do our part for Singapore. Nevertheless, we must not repeat the mistakes of
2011.

At the last general elections in 2011, 39.9% voted for the opposition and
this resulted in the opposition winning 6 out of 87 seats. After the election
results, opposition supporters were quick to blame the 60.1% for giving the PAP
such a large majority in parliament and the mandate for unpopular and unwanted
policies like the Population White Paper. Rather than blame the 60.1% for the
results, many of the 39.9% of opposition voters should also blame themselves for
doing nothing except voting against the PAP. Yes, you guys voted against the
PAP. But that is not enough if you want real democratic progress.

How many of the 39.9% actually volunteered to help the opposition parties
they were supporting? Only a small minority! Did you really think your pathetic
one vote was going to be enough to topple the PAP? The GRC system has already
diluted the value of your vote, so your one vote is insufficient. That is why it
is so important for the opposition parties to cover as much of the GRC as
possible during the short 9 day campaign period! If you want to send a strong
message to the PAP, you have to go all out and help the opposition parties to
get the necessary manpower to cover ground. Their activists will be tired and
overstretched as the campaign goes on. Your single contribution may actually
change the outcome in a hotly contested constituency like East Coast GRC,
Holland-Bukit Timah GRC or Marine Parade GRC.

What if an opposition party lost narrowly just because they did not manage to
cover certain parts of your GRC in the short election period? What if the few
house visits that you helped the party conduct garnered that last bit of support
necessary for them to cross the 50% mark?

All you have to do is distribute flyers, hang banners, be a polling agent or
spend a few hours doing house visits. You can even choose what you want to do.
The real battle is not fought at the rally stage but at the HDB heartlands, at
the door of every HDB unit. You do not have to volunteer every single day! You
just need to dedicate an hour or two of your free time to help the opposition
party you believe in. Who knows? You may even get a free party T-shirt as a
souvenir.

If you do nothing other than cursing the PAP online every single day, that is
not going to help make things better for you or anyone else. General elections
come only once every 4 or 5 years. If you are frustrated with the government’s
policies but are not willing to spare even 1 hour during a special 9 day
election period that only occurs once in 4 or 5 years, you cannot say that you
have truly contributed to the Opposition cause. You would then have only
yourself to blame for the election outcome.

If you do not have confidence in the opposition party contesting in your
area, you can always volunteer to help out elsewhere. For instance, my area is
being contested by the NSP. I am going to volunteer with the WP and/or SDP.
Whatever help you render, it beats staying at home and being a passive
observer.

Some among us do not know how to volunteer with an opposition party. Is it so
hard? Nope. You just have to fill up an online form and they’ll contact you.
Here you go!

To volunteer with the Workers’ Party (WP), please fill up this form:

docs.google.com/forms/d/1G-GeVdzvbp2A24sPCnjZcXNjPVtiG7hZIXemkhjUOQ0/viewform

To volunteer with the Singapore Democratic Party (SDP), please fill up this
form:

secure.jotformpro.com/form/52098152576966

To volunteer with the Singapore Peoples’ Party (SPP), please fill up this
form:

www.spp.org.sg/volunteer-spp

To volunteer with the Singaporeans First party, please fill up this form:

singfirst.org/how-you-can-help

To volunteer with the Peoples’ Power Party (PPP), please fill up this
form:

forms.zohopublic.com/lizixu/form/VolunteerForm/formperma/Ef446mA3k1hA3h4g28BC4fd44

To volunteer with the Reform Party (RP), please fill up this form:

docs.google.com/forms/d/16SxO5fHtXVy8X7UeZN1X08JjA5vOD_tayMitkppRj5o/viewform?c=0&w=1

I strongly recommend volunteering with the WP, SDP or SPP since they will be
involved in the hottest contests this GE and they have the highest chances of
winning. Your single contribution might be crucial in moving the votes in favour
of the opposition. Every one of us, regardless of race, language or religion is
valuable to the opposition cause.

Let’s work together to ensure that we have a better Singapore after this
general election. Thank you.

David
Tan

* Submitted by TRE reader.

Steady lah! Altogether now! HUAT AH!

It is ok if they want to plagiarised what I have been shouting from top of the soap box here.
I happily donate all rights to all that I wrote to Singapore and Singaporeans

OPPOSITIONS ARE THE DIFFERENT FACES OF THE TRUE SINGAPORE
PAP IS THE FACE OF SEPTIC OVERFLOWING TOILET BOWLS AND CORRUPTIONS AND OF STINKAPORE




Cleanse PAP Stinkapore into Singaporeans Singapore.
Vote only opposition
Vote out all the fucking corrupt PAPs


This fight is not just your voting for opposition, any opposition against the PAP
Singaporeans must do much more than just relying on their single vote.
Give them the money to support them in the fight.
Give them your time and energy to support them in the fight
They fight for you Singaporeans
They fight our common enemy
They fight the PAP and cronies, corrupt and rotten to the core, who stole over 180 billions from Singaporeans, and intent on stealing even more from us.


Support Opposition, any Opposition, all Opposition
Regardless if they have primary school, or O levels or A levels or PhD
Regardless if they wear singlets, or tuxedos
Support Opposition, any Opposition, all Opposition
Regardless if they wear slippers, or wear sneakers or shoes
Support Opposition, any Opposition, all Opposition
Even if a rat crawl out of a sewer and stand as Opposition
Even if a cockroach with 6 legs and 2 long feelers at the head become Opposition
They will be much better for Singaporeans than the fucking corrupt perverted PAPs who only think of laughing all the way to their banks and back from the banks
Under the fucking PAP, Singaporeans are the 4th class citizens in their own land stolen from them by PAP
PAPs are the 2nd class citizens with the Lee family as the first class aristocrazies
Fts are taken in as the 3rd class citizens kicking singaporeans into the 4th class and sinkies good only to go head down down and arseholes up high high to be fucked and tiewed by PAPs laughing all the way to their banks.