Issue - meetings
Debt Management - Position to 30th November 2023
Meeting: 11/01/2024 - Cabinet (Item 82)
82 Corporate Debt Management - Position to 30 November 2023 PDF 191 KB
Report of Executive Director (Finance and Resources)
Additional documents:
- Appendix A - Debt Management Position - 30 November 2023, item 82 PDF 204 KB
- Appendix B - Summary of Write Offs - 30 November 2023, item 82 PDF 268 KB
- Appendix C - Debt_Collection_and_Recovery_Policy, item 82 PDF 608 KB
- Webcast for Corporate Debt Management - Position to 30 November 2023
Decision:
The Cabinet considered a report of the Executive Director (Finance and Resources) on the position as at 30 November 2023 of outstanding debt to the Council.
Resolved:
1. That the outstanding debt position and the position of debts written off under delegation to 30 November 2023, as set out in Appendices A and B of the submitted report, be noted.
2. That the two write-offs exceeding £25,000, as set out in Appendix B to the report, be approved.
3. That the updated Debt Collection and Recovery Policy, set out at Appendix C to the report, be approved.
Reasons for decision:
Each write-off is considered on an individual basis to assess the viability of collection and via the Council’s Corporate Debt Management Policy to ensure a standard consistent approach.
Other Options:
None
Note: This is an Executive Function
Referred direct to Policy and Resources Scrutiny Committee
Cabinet Member: Cllr Cox
Minutes:
The Cabinet considered a report of the Executive Director (Finance and Resources) on the position as at 30 November 2023 of outstanding debt to the Council.
Resolved:
1. That the outstanding debt position and the position of debts written off under delegation to 30 November 2023, as set out in Appendices A and B of the submitted report, be noted.
2. That the two write-offs exceeding £25,000, as set out in Appendix B to the report, be approved.
3. That the updated Debt Collection and Recovery Policy, set out at Appendix C to the report, be approved.
Reasons for decision:
Each write-off is considered on an individual basis to assess the viability of collection and via the Council’s Corporate Debt Management Policy to ensure a standard consistent approach.
Other Options:
None
Note: This is an Executive Function
Referred direct to Policy and Resources Scrutiny Committee
Cabinet Member: Cllr Cox