Issue - meetings

Recommendations on page 45

RESOLVED – That Executive notes the report concerning the Council’s Corporate Debt as at 31st March 2020.

Executive considered the report of the Portfolio Holder - Finance and Community Safety which presented a summary of the corporate debt position at 31 March 2020.

The corporate debt position was broken down into Business Rates, Council Tax, Housing Rents, Overpaid Housing Benefits and Sundry Debtors.

It was considered unlikely that the increases in arrears levels were related to the coronavirus pandemic, and more that they were a consequence of the higher income figures. Both business rates and council tax remained in line with the 2018/19 levels.

It was anticipated that the 2020/21 financial year would be affected by the pandemic in terms of levels of arrears. Officers were therefore proposing to maintain higher than usual bad debt provisions.

Moved by Councillor Clive Moesby and seconded by Councillor Duncan McGregor

RESOLVED – That Executive notes the report concerning the Council’s Corporate Debt as at 31st March 2020.

REASON FOR DECISION:

To ensure that Executive were informed of the latest position concerning the Council’s debt.

OTHER OPTIONS CONSIDERED:

This report was for information only.