Council preparing to write off more than £500k of irrecoverable debt

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Council preparing to write off more than £500k of irrecoverable debt
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Renfrewshire Council is preparing to write off more than £500,000 of irrecoverable debt, a report has revealed.

is preparing to write off more than £500,000 of irrecoverable debt, a report has revealed.

A total amount of £561,102.70 will be reviewed by the finance, resources and customer services policy board on Thursday. The paper, entitled ‘Business Services Accounts for Write-Off’, said the local authority has already “pursued” the debts in question before adding that it is now “considered prudent” to write off the outstanding balance.

“The council has already pursued each of the debts summarised … through its follow-up cycle and it is considered prudent to write off the outstanding balance.

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