Purpose

To agree one off revenue funding of
£938,000 to support a targeted reduction in Council Tax and
Business Rates arrears, to be funded from the Council’s
efficiency projects reserve (invest to save).

Decision

1.        
To agree one off revenue funding of up to £1.254m (over a
period of 36 months) to support a targeted reduction in Council Tax
and Business Rates arrears, to be funded from the income generated
via release of bad debt provision where more debt in arrears is
collected, noting potential GLA contribution of up to 30% of
request (to be confirmed)
 
2.        
To note and agree the proposed approach to income recovery and
enforcement.