Issue - meetings
Council Debt Management - Position to 31st March 2021
Meeting: 15/06/2021 - Cabinet (Item 64)
64 Council Debt Management - Position to 31st March 2021 PDF 660 KB
Report of Executive Director (Finance and Resources) attached
Additional documents:
- Appendix A - Debt Management Position 31 03 21, item 64 PDF 126 KB
- Appendix B - Write Offs 31 03 21, item 64 PDF 105 KB
- Webcast for Council Debt Management - Position to 31st March 2021
Decision:
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.
Resolved:
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.
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) 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.
Resolved:
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.
Other options:
None.
Note: This is an Executive Function
Eligible for call-in to: Policy and Resources Scrutiny Committee
Cabinet Member: Cllr Gilbert