Decision details

Debt Management Performance 2023/24 (Quarter 4) and Updated Debt Management Policy

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Decision:

Cabinet resolved to:

 

(i)  Note the performance of the debt management function carried out by the Council’s Collection service, including the improvements in collection rates and the reduction in arrears since the start of the year;

 

(ii)  Note the reduction in bad debt provision of £7.4m, primarily due to the write-off of non-recoverable historic debt arrears; and

 

(iii)  Approve the updated Debt Management Policy 2024, as set out at Appendix A to the report.

Report author: Stuart Kirby

Publication date: 19/06/2024

Date of decision: 18/06/2024

Decided at meeting: 18/06/2024 - Cabinet

Accompanying Documents: