Debt Management – Position to 31st March 2025
June 16, 2025 Cabinet (Cabinet collective) Approved View on council websiteFull council record
Purpose
To update Cabinet on the outstanding debt
position at 31 March 2025 and the debts that have been written off
for 2024/25 and seek approval for write off of irrecoverable debts
over £25,000.
Content
The Cabinet considered a report
of the Executive Director (Finance and Resources) setting out the
corporate debt management position to 31 March 2025.
Resolved:
1. That the finalised
outstanding debt position as of 31 March 2025 and the position of
debts written off to 31 March 2025, as set out at Appendices A and
B to the submitted report, be noted.
2. That the one proposed
write-off exceeding £25,000, as set out at Appendix B to the
report, be approved.
Reasons for
decision:
1. Debt collection forms an
important consideration for most service areas but predominantly
collection is secured by services now reporting into the Director
of Financial Services. All action instigated remains in accordance
with the Council’s Corporate Debt Management Policy to ensure
a fair and consistent approach is applied to each case, and to
maximise income collection for the Council.
2. Each write off is considered
on an individual basis to assess the viability of collection and
via compliance with the Council’s Corporate Debt Management
Policy to ensure a standard consistent approach is
applied.
Other options:
None
Note: This is an Executive
Function
Not eligible for
call-in
Cabinet Member: Cllr
Collins
Related Meeting
Cabinet - Monday, 16th June, 2025 6.00 pm on June 16, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 16 Jun 2025 |