Issue - meetings

Write Off of Irrecoverable Debts

Meeting: 22/01/2020 - Cabinet (Item 70)

70 WRITE-OFF IRRECOVERABLE DEBTS pdf icon PDF 152 KB

The Portfolio Holder for Corporate Finance and Resources to submit a report seeking approval to write off debts over the value of £2,500, where officers believe that there is little or no prospect of recovering the.

Additional documents:

Decision:

Cabinet APPROVED the write off of debts shown in the Exempt Appendices.

 

Reason for decision

      i.        All recovery methods had been considered and where appropriate pursued, before making the decision to write off.

 

    ii.        Officer time can be maximised on greater returns, at the same time as ensuring robust procedures for debt management are in place across all revenues streams.

Minutes:

KEY DECISION

 

Councillor Ronnie De Burle, Portfolio Holder for Corporate Finance and Resources, introduced the report, the purpose of which was to seek approval to write off debts, over the value of £2,500, where officers believe that there is little or no prospect of recovering them.

 

The Portfolio Holder for Corporate Finance and Resources provided a summary of the report and highlighted that robust financial management was a key priority and that was evidenced by the Council’s ability to bring forward a balanced budget for 2020/21.  Every effort had been made to collect the debts identified in the report and the Council would continue to work hard in this area and would take every opportunity available to realise outstanding debt.

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Following debate and discussion on this item Cabinet returned to public session.

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DECISION

 

Cabinet APPROVED the write off of debts shown in the Exempt Appendices.

 

Reason for decision

  1. All recovery methods had been considered and where appropriate pursued, before making the decision to write off.

 

  1. Officer time can be maximised on greater returns, at the same time as ensuring robust procedures for debt management are in place across all revenues streams.