Issue - meetings
Council Debt Position
Meeting: 19/06/2018 - Cabinet (Item 60)
60 Council Debt Position PDF 131 KB
Report of Chief Executive attached
Additional documents:
Decision:
The Cabinet considered a report of the Chief Executive informing Members of the current outstanding debt to the Council as of 31st March 2018 and debts that had been or are recommended for write-off in the current financial year.
Resolved:
1. That the current outstanding debt position as at 31st March 2018 and the position of debts written off to 31st March 2018, as set out in Appendices A and B to the submitted report, be noted.
2. That the write-offs greater than £25,000, as detailed in Appendix B to the report, be approved.
Reasons 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 available.
Other Options:
None.
Note: This is an Executive Function
Eligible for call-in to: Policy & Resources Scrutiny Committee
Cabinet Member: Cllr Lamb
Minutes:
The Cabinet considered a report of the Chief Executive informing Members of the current outstanding debt to the Council as of 31st March 2018 and debts that had been or are recommended for write-off in the current financial year.
Resolved:
1. That the current outstanding debt position as at 31st March 2018 and the position of debts written off to 31st March 2018, as set out in Appendices A and B to the submitted report, be noted.
2. That the write-offs greater than £25,000, as detailed in Appendix B to the report, be approved.
Reasons 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 available.
Other Options:
None.
Note: This is an Executive Function
Eligible for call-in to: Policy & Resources Scrutiny Committee
Cabinet Member: Cllr Lamb