Issue 107

Grassroots with passion 03

MESSAGE BY

FINANCE COMMITTEE CHAIRMAN

Dear Members,

First of all, let me on behalf of The Grassroots Club and the Finance Committee wish one and all a prosperous Lunar New Year ahead. May all your wishes be a reality this coming year. Time seems to fly past so quickly, another new year now waits for us. What are our plans ahead? These past years have seen the transformation of The Grassroots Club both in “hardware” and “software”. The renovation project delivered a more open concept and a more relaxing atmosphere within the Club. Now we are embarking on implementation of more “software” programmes that will meet the needs of our members. Foremost in our minds is a prudency in managing the finances of our Club, maintaining of a good structural framework for our budget and reducing our expenditures. In line with Singapore Police Force recommendations for jackpot machine operational regulations, the Club has decided to discontinue operating the games room. The past year has also seen a decline in revenue from the Jackpot room hence the decision to close it. We have also renovated the gym and spa area, and furnished it with new gym equipment. The Club has been doing very well in controlling of its finances and we have been able to surpass the budgetry figures set at beginning of the term, and we will continue to be relentless in monitoring the progress with a stringent check-and-balance mindset in all financial matters. All these could not be possible without the assistance of many stakeholders. I would like to thank the Peoples’ Association for their tremendous help in supporting the renovation project and also the help of providing personnel resources in advisory and managing roles. I would also like to thank the Finance Committee for stepping up in time of needs to assist with their vast experiences and capablities in handling financial management for the Club. I also like to thank all the Council members for their support behind the success of the Club. Wishing one and all again, a most wonderful and prosperous Lunar New Year.

Mr See Chak Fei Edward, PBM Chairman, Finance Committee

EDITORIAL TEAM

Chairman Toh Sze Wei, PBM Vice Chairman Jimmy New Cheng Tee, PBM

Members Edward See Chak Fei, PBM Lim Yen Lan, PBM Marie Lim Soo Cheng David Seah Kah Long, PBM P.Anakeley

Secretariat Seow Hing Hock Ethan Seet

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