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:
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.
Minutes:
Cabinet considered a report seeking approval for the proposed write off of debts in respect of council tax, business rates, housing benefit overpayments and rents.
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.