Decision details

Management of Corporate Debt - Write Off of Outstanding Amounts

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decisions:

Cabinet considered a proposal to the write off of debts in respect of rents, council tax and business rates as detailed in Appendix 1 to the report.

 

Members supported the proposal because they felt it struck the balance between collecting as much debt as possible, but not committing resources to debt that was unobtainable.

 

RESOLVED - That Cabinet agreed to the proposed write off of debts in respect of rents, council tax and business rates as detailed in Appendix 1 to the report.

 

REASONS FOR DECISION – All available options to recover this debt had been explored with write off being the final option in the debt management process.

 

OTHER OPTIONS CONSIDERED AND REJECTED – These were outlined in the main body of the report.

 

Report author: Jayne Dethick

Publication date: 28/06/2023

Date of decision: 02/03/2023

Decided at meeting: 02/03/2023 - Cabinet

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