widget/exchange-29
widget/exchange-30widget/exchange-33
widget/exchange-31

News / No appetite for more savings

AN ATTEMPT to establish a new review group to keep squeezing annual spending at Shetland Charitable Trust found no backers on Thursday.

A meeting of the trust in Lerwick heard that a previous spending review had identified almost £2 million of savings from the charity’s £13 million revenue budget.

Trustee Rick Nickerson told the meeting that so far only the larger beneficiaries of SCT had to undergo the painful process of identifying cuts of around eight per cent, while the smaller voluntary groups had only to cope with a  standstill budget, which represented a real cut of just two per cent.

He said it was “unfair” not to look at all the funded bodies to make efficiency savings.

But he received no seconder to his motion as there was little appetite among fellow trustees to embark on yet another round of spending reviews.

Instead the meeting agreed to leave it to officers to keep a close eye on spending with the option to re-instate the review group should the need arise.

offset-carousel/post-mobile/0

Chairman Bill Manson agreed with trust manager Ann Black who had argued that a period of consolidation was needed.

“We don’t need a sledge hammer to crack nuts,” Mr Manson said.

Shetland Charitable Trust is worth almost £220 million and uses its annual profits to part fund a series of social care, sports, arts and amenity organisations throughout the islands.

 

Become a member of Shetland News

Shetland News is asking its readers to consider paying for membership to get additional perks:

  • Removal of third-party ads;
  • Bookmark posts to read later;
  • Exclusive curated weekly newsletter;
  • Hide membership messages;
  • Comments open for discussion.

If you appreciate what we do and feel strongly about impartial local journalism, then please become a member of Shetland News by either making a single payment, or setting up a monthly, quarterly or yearly subscription.

 
Categories
widget/exchange-62widget/exchange-53widget/newsletter_form_widget-3widget/exchange-63widget/pd_widget-6widget/exchange-54widget/pd_widget-8widget/exchange-55widget/pd_widget-9widget/exchange-56

JavaScript Required

We're sorry, but Shetland News isn't fully functional without JavaScript enabled.
Head over to the help page for instructions on how to enable JavaScript on your browser.

Interested in Notifications?

Get notifications from Shetland News for important and breaking news.
You can unsubscribe at any time.

Have you considered becoming a member of Shetland News?

  • Removal of third-party ads;
  • Bookmark posts to read later;
  • Exclusive curated weekly newsletter;
  • Hide membership messages;
  • Comments open for discussion.