Issue - decisions

Council Debt Management - Position to 31st March 2021

18/06/2021 - Council Debt Management - Position to 31st March 2021

The Cabinet considered a report of the Executive Director (Finance and Resources) concerning the position of outstanding debt to the Council, as at 31st March 2021 and debts that have been written off, or are recommended for write off, in the current financial year as at 31st March 2021.

 

Resolved:

 

That the current outstanding debt position as at 31st March 2021 and the position of debts written off to 31st March 2021, as set out in Appendices A and B to the submitted report, be noted.

 

Reasons for decision:

 

All reasonable steps to recover all outstanding debt have been explored and undertaken before any consideration for write-off is recommended.  If the Council wishes to pursue debts for bankruptcy proceedings, it will follow the agreed and published recovery policy that outlines the approach to this.

 

Other options:

 

None.

 

Note: This is an Executive Function

Eligible for call-in to: Policy and Resources Scrutiny Committee

Cabinet Member: Cllr Gilbert


 

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