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.