Debts for Write Off
Approval is sought for the writing-off of debts that are considered to be irrecoverable.
Additional documents:
Decision:
(LGA 1972 Sch 12A Paragraph 2 – Information likely to reveal information about an individual)
(Report of Director of Finance and Transformation)
Approval of the writing-off of debts considered to be irrecoverable. Details were also given of debts under £5,000 which had been written-off in accordance with Financial Procedure Rule 18.2 together with cumulative totals of debts in the current and previous financial years and information on budgeted bad debt provision.
Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:
The three items shown in the schedule of amounts over £5,000, totalling £25,226.04 be written-off for the reasons stated within the schedule.
Minutes:
(LGA 1972 Sch 12A Paragraph 2 – Information likely to reveal information about an individual)
Decision Notice D190056MEM
The report of the Director of Finance and Transformation sought approval of the writing-off of debts considered to be irrecoverable. Details were also given of debts under £5,000 which had been written-off in accordance with Financial Procedure Rule 18.2 together with cumulative totals of debts in the current and previous financial years and information on budgeted bad debt provision.
RECOMMENDED: That the three items shown in the schedule of amounts over £5,000, totalling £25,226.04 be written-off for the reasons stated within the schedule.