We will develop a Medium-Term Financial Plan to help us become more financially sustainable and resilient, safeguarding public funds while achieving value for money.
The new Medium-term Financial Plan, covering the period to 2028, was agreed by Shetland Islands Council in November 2023. The plan illustrates the fact that the Council faces a significant challenge, even if the circumstances upon which the upside scenario is based transpire in the next four years. Action is required to address the forecast deficits as the Council’s financial unsustainability becomes more pressing as elected Members wish to proceed with a range of investments in services and infrastructure.
