Issue - meetings
Management of Corporate Debt - Write Off of Outstanding Amounts
Meeting: 04/03/2024 - Executive (Item 74)
74 Management of Corporate Debt - Write Off of Outstanding Amounts 
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Additional documents:
Decision:
RESOLVED that the amounts included at paragraph 2.1 of the report (£28,881.49) and individually detailed in Appendix 1 to the report be written off.
Minutes:
Executive considered a detailed report, presented by the Portfolio Holder for Finance, which sought Member’s approval to the proposed write off of debts in respect of Business Rates, Housing Rents and Overpaid Housing Benefits totalling £28,881.49 as individually detailed in the appendix to the report.
Moved by Councillor Clive Moesby and seconded by Councillor Duncan McGregor
RESOLVED that the amounts included at paragraph 2.1 of the report (£28,881.49), and individually detailed in the appendix to the report, be written off.
Reasons for Recommendation
Given that all available options to recover the debt had been explored, it was important that the Council recognised the position and approved the write-off of the uncollectable debt.
Alternative Options and Reasons for Rejection
These were outlined in the main body of the report.