Council Debt Management - Position to 31st March 2021
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet considered a report of the Executive Director (Finance and Resources) concerning the position of outstanding debt to the Council, as at 31st March 2021 and debts that have been written off, or are recommended for write off, in the current financial year as at 31st March 2021.
That the current outstanding debt position as at 31st March 2021 and the position of debts written off to 31st March 2021, as set out in Appendices A and B to the submitted report, be noted.
Reasons for decision:
All reasonable steps to recover all outstanding debt have been explored and undertaken before any consideration for write-off is recommended. If the Council wishes to pursue debts for bankruptcy proceedings, it will follow the agreed and published recovery policy that outlines the approach to this.
Note: This is an Executive Function
Eligible for call-in to: Policy and Resources Scrutiny Committee
Cabinet Member: Cllr Gilbert
Report author: Joe Chesterton
Publication date: 18/06/2021
Date of decision: 15/06/2021
Decided at meeting: 15/06/2021 - Cabinet
Effective from: 26/06/2021