Service and conservancy charges (S&CC) are likely to go up soon for Housing Board residents, but the Government will provide temporary support to cushion the impact on households. Town councils here are currently evaluating their finances to determine an appropriate...
“With the implementation of the Progressive Wage Model to uplift low-wage workers, the town councils’ operational costs have also gone up due to increase in tender prices for conservancy cleaning contracts and horticulture contracts,” Mr Lim said.Mr Lim, who is also MP for Mountbatten, stressed that PAP town councils have been careful in managing expenditure and constantly seek productivity improvements and cost savings.
Based on the latest financial statements, he told ST that town councils that manage a substantial number of mature flats tend to “run operational deficits before accounting for government grants, which are admittedly quite substantial”. Observers such as National University of Singapore business school professor Lawrence Loh said the confluence of global factors such as inflation and geopolitical tensions having raised the cost of materials and services meant a price alignment is necessary.
“It may be prudent to introduce time-bound or one-off additional measures initially while the picture of overall economic recovery and cost stabilisation becomes clearer.” Given additional funding from MND, some residents may also find the higher charges puzzling, Prof Tan added.
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