Corporate Debt Management - Position to 30 November 2023

January 11, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website
Full council record
Content

The Cabinet considered a report
of the Executive Director (Finance and Resources) on the position
as at 30 November 2023 of outstanding debt to the
Council.
 
Resolved:
 
1. That the outstanding debt
position and the position of debts written off under delegation to
30 November 2023, as set out in Appendices A and B of the submitted
report, be noted.
 
2. That the two write-offs
exceeding £25,000, as set out in Appendix B to the report, be
approved.
 
3. That the updated Debt
Collection and Recovery Policy, set out at Appendix C to the
report, be approved.
 
Reasons for
decision:
 
Each write-off is considered on
an individual basis to assess the viability of collection and via
the Council’s Corporate Debt Management Policy to ensure a
standard consistent approach.
 
Other Options:
 
None
 
Note: This is an Executive
Function
Referred direct to Policy and
Resources Scrutiny Committee
Cabinet Member: Cllr
Cox

Supporting Documents

Report of Exec Director Finance and Resources.pdf
Appendix A - Debt Management Position - 30 November 2023.pdf
Appendix B - Summary of Write Offs - 30 November 2023.pdf
Appendix C - Debt_Collection_and_Recovery_Policy.pdf

Details

OutcomeRecommendations Approved
Decision date11 Jan 2024