Issue - meetings

Management of Corporate Debt - Write Off of Outstanding Amounts

Meeting: 04/11/2024 - Executive (Item 56)

56 Management of Corporate Debt - Write Off of Outstanding Amounts pdf icon PDF 490 KB

Additional documents:

Decision:

RESOLVED that the amount of £131,848.60 as individually detailed in Appendix 1 to the report be written off.

 

Minutes:

Executive considered a detailed report which recommended the write-off of a number of individual debts which were above the limit of £2,500 - in all cases, every attempt had been made by the Council, and agencies working with the Council, to collect the outstanding debt before write-off was proposed.

 

The table in the report provided a summary of each class of write-off and the amounts to be written off - previous years were also provided in the table for comparison purposes.

 

The Council’s Constitution allowed the Director of Finance and Section 151 Officer, ‘after consultation with the relevant Portfolio Holder, to authorise the write-off of bad debts up to an approval limit of £2,500.’

 

Moved by Councillor Duncan McGregor and seconded by Councillor John Ritchie

RESOLVED that the amount of £131,848.60 as individually detailed in Appendix 1 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.