{meta} Agenda for Lead Member for Finance and Support Services Briefing on Thursday, 24 March 2022, 10.00 am

Agenda and decisions

Venue: Microsoft Teams Meeting. View directions

Contact: Claire Edwards 

Items
No. Item

1.

Apologies for absence.

2.

Declarations of interest.

3.

Items for Decision (Part 1 - Open to the Public):

3a

Former Tenants Arrears Write Off. pdf icon PDF 244 KB

Additional documents:

Decision:

Salford City Council - Record of Decision

 

I, Councillor Hinds, Lead Member for Finance & Support Services, in exercise of the powers contained within the Council Constitution, do hereby approve:

 

The debt write-off of former tenants’ arrears to the value of £146,815.96

 

The Reasons are:

The arrears, after exhaustive attempts to collect, are found to be irrecoverable for a variety of reasons, as detailed in the report.

 

Options considered and rejected were:

No other options are available due to the nature (age and value) of these accounts.

 

Assessment of Risk:

High – key financial risks resulting from the updated HRA business plan are identified in this report.

 

The source of funding is: The bad debt provision within the HRA.

 

Legal Advice obtained: N/A

 

Financial Advice obtained:

This report concerns key aspects of the Council’s revenue finances and has been produced by the Finance division.

 

Procurement Advice obtained: N/A

 

HR Advice obtained: N/A

 

Climate Change Advice obtained: N/A

 

The following documents have been used to assist the decision process:

The relevant documents contain exempt or confidential information and are not available for public inspection. The background documents would provide the identity of individuals involved in the write off.

 

Contact Officer:        Paul Hutchings, Strategic Finance Manager             Tel: 0161 793 2574

 

 

This decision is not subject to consideration by another Lead Member.

 

The appropriate scrutiny panel to call-in the decision is the Overview & Scrutiny Board.

 

 

 

Signed: Councillor Hinds                                            Dated: 24th March 2022

Lead Member for Finance & Support Services

 

 

This decision was published on 28th March 2022.

 

This decision will come in force at 4.00 p.m. on 4th April 2022, unless it is called-in in accordance with the decision-making process rules.

 

 

3b

Sundry Debt Write Off - Quarter 4 2021/22. pdf icon PDF 138 KB

Decision:

Salford City Council - Record of Decision

 

I, Councillor Hinds, Lead Member for Finance and Support Services, in exercise of the powers contained within the Council Constitution, do hereby:

 

Approve the write-off of Sundry Debt to the value of £62,174.33.

 

The Reasons are:

These sundry debts, after exhaustive attempts to collect, are found to be irrecoverable for a variety of reasons e.g., liquidation, absconded, no longer trading, bankrupt, deceased, uneconomical to collect, and irrecoverable after court action etc .

 

Options considered and rejected were:

Not relevant due to the nature (age and value) of these accounts. The majority of accounts relate to those proven uneconomical to collect, irrecoverable after court action, bankruptcy / liquidation.

 

Assessment of Risk: Low

 

The source of funding is: The Council’s bad debt provision.

 

Legal Implications: Legal advice has been obtained on each of the individual cases where court action has been taken.

 

Financial implications: Supplied by - Chris Hesketh

There is adequate cover for the sundry debt write-offs proposed in this report in the council’s provision for bad debt. Setting a provision that is prudent, but not excessive, is a component of the council’s financial strategy. The provision is reviewed on an annual basis to ensure that it is set at an appropriate level.

 

Procurement implications: Not applicable.

 

HR implications: Not Applicable.

 

Climate change implications: Not Applicable.

 

Other directorates consulted: Directorates are consulted on specific write-offs where appropriate.

 

The following documents have been used to assist the decision process:

The relevant documents contain exempt or confidential information and are not available for public inspection. The background documents would provide the identity of individuals or companies involved in the write off.

Contact Officer:       Chris Hesketh             Tel No 0161 793 2668

 

This decision is not subject to consideration by another Lead Member.

 

The appropriate scrutiny panel to call-in the decision is the Overview & Scrutiny Board.

 

 

Signed: Councillor Hinds                                            Dated: 24th March 2022

Lead Member for Finance & Support Services

 

 

This decision was published on 28th March 2022.

 

This decision will come in force at 4.00 p.m. on 4th April 2022, unless it is called-in in accordance with the decision-making process rules.

 

4.

Exclusion of the Public.

5.

Items for Decision (Part 2 - Closed to the Public): No items.