Decision
Debt Management – Position to 31st March 2025
Decision Maker: Cabinet
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Date of Decision: June 16, 2025
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
Supporting Documents
Related Meeting
Cabinet - Monday, 16th June, 2025 6.00 pm on June 16, 2025