Issue - meetings
The Management of Corporate Debt - Write Off of Outstanding Amounts
Meeting: 27/02/2025 - Cabinet (Item 10.)
The Management of Corporate Debt - Write Off of Outstanding Amounts
Report of Councillor P R Kerry, Deputy Leader of the Council and Portfolio Holder for Strategic Leadership & Finance.
(Paragraph 3 & 5)
Additional documents:
- Restricted enclosure 2 , View reasons restricted (10./2)
Decision:
RESOLVED That Cabinet agrees to write off the amounts in respect of council tax, business rates and rents.
REASONS FOR DECISION – All available options to recover this debt have been explored with write off being the final option in the debt management process.
OTHER OPTIONS CONSIDERED AND REJECTED – These are outlined in the main body of the report.
This was not a Key Decision and so can be implemented with immediate effect by officers.