Issue - decisions

Council Debt Position

22/06/2018 - Council Debt Position

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


 

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