Issue - decisions
Council Debt Position to 31 July 2019
20/09/2019 - Council Debt Position to 31 July 2019
The Cabinet considered a report of the Executive Director (Finance and Resources) on the current position of outstanding debt to the Council, as at 31st July 2019.
Resolved:-
1. That the the current outstanding debt position as at 31st July 2019 and the position of debts written off to 31st July 2019 (as set out in Appendices A and B to the submitted report), be noted.
2. That the write offs greater than £25,000 as set out in Appendix B to the submitted 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 available.
If the Council wishes to pursue debts for bankruptcy proceedings, it will follow the agreed and published recovery policy that covers this.
Other Options
None
Note: This is an Executive Function
Eligible for call-in to: Policy and Resources Scrutiny Committee
Cabinet Member: Councillor Gilbert