Issue - meetings
Council Debt Position to 30 November 2020
Meeting: 14/01/2021 - Cabinet (Item 746)
746 Council Debt Position to 30 November 2020 PDF 152 KB
Report of Executive Director (Finance and Resources)
Additional documents:
- Appendix A - Debt Management Position 30.11.2020, item 746 PDF 59 KB
- Appendix B - Write Offs 30.11.2020, item 746 PDF 46 KB
- Webcast for Council Debt Position to 30 November 2020
Decision:
The Cabinet considered a report of the Executive Director (Finance and Resources) providing an update on the current position of outstanding debt to the Council, as at 30th November 2020.
Resolved:-
1. That the current outstanding debt position as at 30th November 2020 and the position of debts written off to 30th November 2020 as set out in Appendices A & B to the submitted report, be noted.
2. That it be noted that no write offs greater than £25,000 are requested.
Reason for Decision:
All reasonable steps to recover the debt have been taken, and therefore where write off is recommended it is the only course of action that is left available.
Other Options:
None.
Note: This is an Executive Function
Eligible for call-in to: Policy and Resources Scrutiny Committee
Cabinet Member: Cllr Gilbert
Minutes:
The Cabinet considered a report of the Executive Director (Finance and Resources) providing an update on the current position of outstanding debt to the Council, as at 30th November 2020.
Resolved:-
1. That the current outstanding debt position as at 30th November 2020 and the position of debts written off to 30th November 2020 as set out in Appendices A & B to the submitted report, be noted.
2. That it be noted that no write offs greater than £25,000 are requested.
Reason for Decision:
All reasonable steps to recover the debt have been taken, and therefore where write off is recommended it is the only course of action that is left available.
Other Options:
None.
Note: This is an Executive Function
Cabinet Member: Cllr Gilbert