Tag Archives: Documents

WP RESPONDS TO PRPTC: WE GAVE ACCUMULATED SURPLUS & MORE SINKING FUNDS TO PUNGGOL EAST SMC

The Aljunied-Hougang Town Council (AHTC) submitted the Punggol East SMC audited accounts for the period 1 Apr 2015 – 30 Nov 2015 to Pasir Ris-Punggol Town Council (PRPTC) on 28 September 2016. AHTC has handed over Punggol East SMC to PRPTC in better financial health as compared to the time it took over the constituency in the aftermath of the Punggol East by-election of 2013. While PRPTC handed over to AHTC $22.5 million in Sinking Funds after the Punggol East by-election, AHTC is handing over to PRPTC $26.8 million in Sinking Funds and another $755,000 in accumulated surplus, totaling $27.5 million.

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