Look up Ang Mo Kio Town Council's Annual Financial Report for 1 Apr 2010 to 31 March 2011. On page 25, you will see an expense item called "Computer service: $369,130". For the previous year, expenditure was $414,474. Can't be sure what the numbers relate to exactly, but sure looks very interesting when AMK Town Council (one of 14 town councils) sold its computer system to AIM Pte Ltd for one-fourteenth of $140,000.
http://www.amktc.org.sg/images/annual/ar1011.pdf
Town Councils receives Conservancy Charges, fees that its constituencies pay monthly. In other words, Town Councils receives PUBLIC funds.
How they use or deploy those collected funds is a matter of national interest.
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