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 icon PDF 152 KB

Report of Executive Director (Finance and Resources)

Additional documents:

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


 

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