Debt Management - Position to 31st March 2023

June 28, 2023 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) setting out the
corporate debt management position to 31 March 2023.
 
Resolved:
 
1. That the finalised
outstanding debt position as at 31 March 2023 and the position of
debts written off to 31 March 2023, as set out in Appendices A and
B to the submitted report, be noted.
 
2. That the six write-offs for
debts that exceed £25,000, as set out in Appendix B, be
approved.
 
3. That the existing Debt
Collection and Recovery Policy approved in November 2017, as set
out at Appendix C, be noted and that a refresh of the policy be
undertaken, and any proposed changes be brought back to Cabinet on
18 September 2023 for approval.
 
Reasons for
decision:
 
1. Debt collection is conducted
independently by each department in accordance with the
Council’s Debt Collection and Recovery Policy to ensure a
fair and consistent approach is applied to each case, and to
maximise collection for the Council.
 
2. Each write-off is considered
on an individual basis to assess the viability of collection and
via the Council’s Debt Collection and Recovery Policy to
ensure a standard consistent approach.
 
Other options:
 
None.
 
Note: This is an Executive
Function
Not eligible for call-in as the
matter has been the subject of pre-Cabinet scrutiny by the Policy
and Resources Scrutiny Committee.
Cabinet Member: Cllr
Cox

Supporting Documents

Appendix A - Debt Management Position 31.03.2023.pdf
Appendix B - Write Offs 31.03.2023.pdf
Report of Exec Director Finance and Resources.pdf
Appendix C - Southend City Council Debt Collection and Recovery Policy.pdf

Details

OutcomeRecommendations Approved
Decision date28 Jun 2023