Renfrewshire Council will write off more than £1 million of irrecoverable debt – after the move was approved by elected members.The step will be taken after the recovery of debt from a number of individuals and companies was no longer considered "viable" by finance chiefs.
A total amount of £1,183,362.91 was authorised by the local authority's finance, resources and customer services policy board on Thursday.Councillor Alison Ann-Dowling, Labour group finance spokesperson and representative for Houston, Crosslee and Linwood, said: "[This is] another concerning debt write-off – over £1m this time in non-domestic rates owed to the council.
I fully support officers taking the most robust efforts to minimise these losses."Emma Shields, the council's strategic service delivery manager, conceded it was "always regrettable" when reports are brought forward for write-off.
She added: "We are obliged legally to write them off in these cases where the companies are dissolved, liquidated, etcetera, because we legally can't pursue the debts any more, so we have to write those off."It is regrettable.
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