Issue - decisions
Council Debt Position
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 2020.
1. That the current outstanding debt position as at 31st July 2020 and the position of debts written off to 31st July 2020 as set out in Appendices A & B to the submitted report, be noted.
2. That it be noted that no write offs greater than £25,000 are requested, as shown in Appendix B to the report.
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.
If the Council wishes to pursue debts for bankruptcy proceedings, it will follow the agreed and published recovery policy that covers this.
Note: This is an Executive Function
Eligible for call-in to: Policy and Resources Scrutiny Committee
Executive Member: Cllr Gilbert