Issue - decisions

Debt Management Performance 2023/24 (Quarter 4)

19/06/2024 - Debt Management Performance 2023/24 (Quarter 4) and Updated Debt Management Policy

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.