Why can't Town Councils publish their accounts online like charities ?

Avantas

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Let’s examine the account books of major charities in Singapore in contrast to the complete opaque nature under which the Town Councils currently operate (including the 2 opposition TCs).

Below is the list of financial statements issued by major charities in Singapore which is posted online on their home pages:

We select three charities which have allocated part of their funds in investments:

1. Kidney Dialysis Foundation: investment income of S$441,000 for FY 07/08 in fixed deposits and bonds, net gain of 12%

2. Ren Ci Hospital: investment income of S$150,000 for FY 07/08.

3. City Harvest Church: S$500,000 in investments for FY 06/07.

Read full article here:

http://wayangparty.com/2008/11/05/w...nts-online-like-major-charities-in-singapore/
 
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