Issue - meetings

Debt Management Performance 2022/23 (Quarter 3)

Meeting: 21/03/2023 - Cabinet (Item 101)

101 Debt Management Performance 2022/23 (Quarter 3) pdf icon PDF 90 KB

Minutes:

The Cabinet Member for Finance, Growth and Core Services introduced the performance report covering the third quarter of the 2022/23 financial year in respect of the Council’s debt management functions.

 

The Cabinet Member referred to the earlier report on Welfare Support Funding and the struggles faced by many local residents during the current cost-of-living crisis, which was evident in the lower collection rates across most categories of debt.  While the Council would continue to do all it could to support those struggling to pay their bills, the Cabinet Member stressed the importance of collecting as much as possible to support the provision of Council services.

 

Cabinet resolved to note the performance of the debt management function carried out by the Council’s Revenues service, including the pressure on collection rates as a result of the cost-of-living crisis.