Report of the Chamberlain.
Minutes:
The Committee considered a Report of the Chamberlain concerning irrecoverable non-domestic rates.
Members were keen to ensure that future iterations of this Report should include a section on lessons learnt.
In terms of the single ratepayer responsible for £1.76m of the unpaid total, whilst there were mitigating factors around the delay in getting this specific case resolved, officers should in general, whenever possible, expedite these cases as a matter of urgency.
RESOLVED – that Members approved the write off of irrecoverable non-domestic rates in the sum of £2,635,943 noting that £754,978 will be met by the City Corporation and £22,965 from the premium. The debt relates to 33 companies and two individuals dating back to 2012.
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