Town Council Funds
Town Councils are primarily funded by service and conservancy charges (S&CC) collected from residential and commercial tenants and an annual operating grant provided by the Government.
The Aljunied-Hougang Town Council manages and maintains the Town Council Funds based on the guidelines issued by the MND and the appointment of professional asset managers who are MAS licensed/approved.
Click on the image on the right to view how Town Council Funds are managed. (Extracted from MND)