FINANCE

Shetland Islands' spending 'unsustainable'

Spending at Shetland Islands Council has been labelled ‘unsustainable’ by an external auditor.

article-author
By Martin Ford | 02 July 2019

Spending at Shetland Islands Council has been labelled ‘unsustainable' by an external auditor.

Savings have not yet been identified to close a £15.6m funding gap predicted by 2023/24, according to an interim report by auditor Deloitte, while the council has ‘planned an unsustainable draw on reserves of £3.4m' to cover spending in the current financial year.

Martin Ford

Popular articles by Martin Ford

  1. Government to push through reorganisation
  2. Ombudsman calls for more powers
  3. Call for courage over failing council finances
  4. Government will 'not hesitate' to intervene in planning

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?

Martin Ford

Popular articles by Martin Ford

  1. Government to push through reorganisation
  2. Ombudsman calls for more powers
  3. Call for courage over failing council finances
  4. Government will 'not hesitate' to intervene in planning
footer-logo

©2024 Hemming Group Limited. Registered in England and Wales. Registered No: 490200. VAT number GB342 023 408