Management and Collection of Debt
January 20, 2025 Finance, Policy and Resources Committee (Committee) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to note debt management actions and write-offs under delegated authority, and to approve the write-off of seven business rates debts totaling £651,694 and the Debt Management Policy including a Debt Fairness Charter.
Full council record
Purpose
To seek approval for the write off of
individual debts in excess of £25,000.
Content
RESOLVED:
The Committee
resolved to:
a)
Note the action taken by services to manage debt and to support
those who are struggling to pay.
b)
Note the write offs under delegated authority, of debts totalling
£2,350,050.
c)
Approve the write off of 7 debts
relating to Business Rates totalling £651,694 as detailed
Appendix A.
d)
Approve the Debt Management Policy (Appendix B) which includes a
Debt Fairness Charter.
Related Meeting
Finance, Policy and Resources Committee - Monday, 20 January 2025 7.00 pm on January 20, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 20 Jan 2025 |