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Council’s £47m draw on reserves last year was the largest amount ever withdrawn

Summary by The Shetland Times
“This cash amount was required to support the council’s cash flow needs, which cover both revenue expenditure and the capital programme.”
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The Shetland TimesThe Shetland Times

Council’s £47m draw on reserves last year was the largest amount ever withdrawn

“This cash amount was required to support the council’s cash flow needs, which cover both revenue expenditure and the capital programme.”

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The Shetland Times broke the news on Monday, June 29, 2026.
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