Originally posted by kramnave:Is the transfer to pay the ruling party politicians the increase in their salaries? What is this transfer for?
Mr Low said with the compulsory transfer of 80 percent of its accumulated surplus into the sinking fund, the town council does not have any reserve funds to cushion the shortfall.
The compulsory transfer is required under the Town Council Act after the last general election. — CNA /ls[/b]
Or maybe its the budget from govt given to the town council?Originally posted by AndrewPKYap:Is the transfer to pay the ruling party politicians the increase in their salaries? What is this transfer for?
Sinking fund can't even be used for lift upgradingOriginally posted by Vigelic:after reading that whole thing.
onli 3 things go in my brain.
sinking fund = lift upgrading = compulsory
anyone care to summarise for me in case i got the meaning wrong? is that wad the sinking fund is for? onli for lift upgrading?
That time when the PAP TCs increase S&C, ppl here kpkbOriginally posted by Trump_Card:CNA is making a big fuss
Indirectly to let citizens in HG SMC to be disappointed with Low and perhaps support the PAP.Originally posted by Trump_Card:CNA is making a big fuss
To be fair, as an Hougang SMC resident, I don't like this price hike. Personally, I prefer no hike or a smaller hike.Originally posted by sbst275:That time when the PAP TCs increase S&C, ppl here kpkb
Now Opp zone up S&C, you say CNA making a fuss
From my point of view, this is the generality of the statementOriginally posted by reddressman:Can I say WP has just supported price hike?
You are very right ... and I'd say this is selective justification . It is what most of us here practiceOriginally posted by sbst275:That time when the PAP TCs increase S&C, ppl here kpkb
Now Opp zone up S&C, you say CNA making a fuss
PAP wards got so much $$ . still got extra budget to do lift upgrading.Originally posted by sbst275:That time when the PAP TCs increase S&C, ppl here kpkb
Now Opp zone up S&C, you say CNA making a fuss
One can also look at it this way:Originally posted by hawkeye1819:Price hike means cannot argue against price hike meh....? You mean Hougang town council must stay put for next 100 years meh???... PAP increase every thing every year, that's what I hate!