Issue - meetings

Debt Write Off

Meeting: 30/11/2016 - Audit Committee (Item 5)

5 Debt Write Off pdf icon PDF 60 KB

To consider a report of the Borough Treasurer.

 

The report details write offs of low level amounts of debt for the period 1 April 2016 to 30 September 2016.

 

The Audit Committee is asked to note and comment upon the information provided, and confirm if it wishes to receive this report.

 

Officer Contact: Alison Blount on Tel: 0161 474 5107 or email: alison.blount@stockport.gov.uk.

Additional documents:

Minutes:

A representative of the Borough Treasurer submitted a report (copies of which had been circulated) detailing irrecoverable write offs of low level amounts of debt for the period 1 April 2016 to 30 September 2016.

 

The following comments were made/ issues raised:-

 

·         Members acknowledged the resources required to produce the debt write off report.

·         Concerns were raised regarding the suggestion that the debt write off report be no longer submitted to the Audit Committee.

·         It was suggested that the end of the calendar year was a better time for a yearly report on debt write off to be submitted to the Committee, rather than twice yearly.

·         There had been a sharp increase in the number council tax debt write offs as a result of liquidations and bankruptcies.

 

RESOLVED – (1) That the report be noted.

 

(2) That the Borough Treasurer be requested to submit future debt write off reports to the Committee on an annual basis.