Issue - meetings

Debt Management - Position to 31 July 2024

Meeting: 16/09/2024 - Cabinet (Item 36)

36 Debt Management - Position to 31 July 2024 pdf icon PDF 216 KB

Report of Executive Director (Finance and Resources)

Additional documents:

Minutes:

The Cabinet considered a report of the Executive Director (Finance and Resources) presenting the debt management position and the position of debts written off as at 31 July 2024.

 

Resolved:

 

1. That the finalised outstanding debt position as at 31 July 2024 and the position of debts written off to 31 July 2024 as set out in Appendices A & B to the submitted report, be noted.

 

2. That it be noted that there are no individual write offs proposed exceeding £25,000.

 

Reasons for Decisions:

 

1. Debt collection should form an important consideration for most service areas but predominantly collection is secured by services now reporting into the Director of Financial Services. All action instigated remains in accordance with the Council’s Corporate Debt Collection and Recovery Policy to ensure a fair and consistent approach is applied to each case, and to maximise income collection for the Council. 

 

2. Each write off is considered on an individual basis to assess the viability of collection and via compliance with the Council’s Corporate Debt Collection and Recovery Policy to ensure a standard consistent approach is applied.

 

Other Options:

 

None

 

Note: This is an Executive Function

Not eligible for call-in

Cabinet Member: Cllr Collins


 

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