Issue - meetings
Debt Management Report
Meeting: 13/01/2022 - Cabinet (Item 617)
617 Debt Management Position to 30 November 2021 PDF 653 KB
Report of Deputy Chief Executive and Executive Director (Finance and Resources) attached
Additional documents:
- Appendix A - Debt Management Position 301121 Final, item 617 PDF 126 KB
- Appendix B - Write Offs 301121 Final, item 617 PDF 221 KB
- Webcast for Debt Management Position to 30 November 2021
Decision:
The Cabinet considered a report of the Deputy Chief Executive and Executive Director (Finance and Resources) providing an update on the current position of outstanding debt to the Council, as at 30th November 2021.
Resolved:
1. That the current outstanding debt position as at 30 November 2021 and the position of debts written off to 30 November 2021, as set out in Appendices A and B to the submitted report, be noted.
2. That the two write offs for debts that exceed £25,000, as set out in Appendix B to the report, be approved.
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 Deputy Chief Executive and Executive Director (Finance and Resources) providing an update on the current position of outstanding debt to the Council, as at 30th November 2021.
Resolved:
1. That the current outstanding debt position as at 30 November 2021 and the position of debts written off to 30 November 2021, as set out in Appendices A and B to the submitted report, be noted.
2. That the two write offs for debts that exceed £25,000, as set out in Appendix B to the report, be approved.
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