To consider a report of the Borough Treasurer.
The report outlines details in respect to write offs of low level amounts of debt for the period 1 April 2016 to 31st March 2017.
The Audit Committee is invited to comment on the report.
Officer Contact: Alison Blount on Tel: 0161 474 5107 or email: alison.blount@stockport.gov.uk
Additional documents:
Minutes:
The Borough Treasurer submitted a report (copies of which had been circulated) providing the Audit Committee with a summary of details debt write offs of low level amounts of debt for the period 1 April 2016 to 31 March 2017.
The following issues were discussed:-
· Using all means at the disposal of the Council to ensure that companies do not use insolvency as a mechanism to avoid their debt obligations.
· The Council worked with debtors to arrange repayment schedules, or used those already agreed through other enforcement agencies.
RESOLVED – That the report be noted.