In a written reply Desmond Lee said that, “The Government will continue to monitor the larger macroeconomic environment, cost drivers affecting TCs, their income sources, and overall financial positions, and assess if further funding support is required”
SINGAPORE: Rising costs have been a key issue for many since last year, but this has been challenging on more than an individual level.
“In recent years, many costs, including that of electricity, manpower, construction and maintenance services, have gone up significantly,” the Aljunied GRC Member of Parliament noted, also saying that every single Town Council in the country relies on grants from the government to offset their costs.The Minister answered on Jan 10, acknowledging that costs Town Councils face have indeed gone up.
“We understand TCs face higher costs due to higher energy prices, manpower costs, and costs of maintenance services. Such cost increases are not unique to Singapore and the Government has taken steps to partially cushion the impact on residents. To help TCs cope with costs, the Government provides grants such as the S&CC Operating Grant, Lift Maintenance Grant, GST Subvention Grant, and Lift Replacement Fund Matching Grant.
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