Sundry Debt definition

Sundry Debt means any debt other than rates, housing, metered services, sewerage and
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Sundry Debt. – means any debt due to Council other than a rate or overdue rate
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Sundry Debt means any debt other than rates, metered services, sewerage and refuse removal
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Examples of Sundry Debt in a sentence

  • Sundry Debt is raised by the Council to ensure effective recovery of debts owing.

  • POLICY IMPLICATIONS Council Policy CP/FIN-3214 Sundry Debt Collection is relevant to this item.

  • This policy applies to the collection of:● Council Tax● Non-Domestic Rates (Business Rates / NNDR)● Housing Benefit and Council Tax Benefit/Support Overpayments● Sundry Debt (Council Services)● Overpaid salaries and wages● Housing IncomeThere are specific rules and regulations which govern the recovery and collection of these debts, and are set out in the respective Annexes.

  • See Annex 1 Council Tax and NNDR Recovery Policy; Annex 3 Housing Benefit and Council Tax Benefit/Support Overpayment Policy, Annex 6 Sundry Debt Policy and Annex 11 Housing Income Management Policy.Write off is only appropriate where:-● the demand or invoice has been raised correctly and is due and owing; and● there is a justified reason why the debt should not be pursued.

  • Sundry Debt The term Sundry Debts covers the range of miscellaneous invoices raised by Copeland Borough Council in relation to many different council services.

  • RECOMMENDED that Council notes and approves (where applicable): (1) the General Fund forecast financial position for the 2022 financial year;(2) the supplementary budgets as detailed in paragraph 8.12 and Appendix 3 of the report;(3) the outstanding Sundry Debt position as at September 2022;(4) the creditors payments performance; and(5) the One Exeter programme update.

  • Key indicators include: • In year collection targets - Council Tax and Business Rates• All years collection - Housing Benefit Overpayments• Top 20 outstanding Sundry Debts progress report• Old Sundry Debt (frozen at 31 March) targeted reduction in following financial year• Housing Income Collection Rates, responsive maintenance, housing voids and tenant satisfaction The Council recognises that failure to achieve income and collection targets will have financial and service consequences.

  • The Debt Recovery Code of Practice Policy covers the Council’s commitment to the collection of Council Tax, National Non Domestic Rates, and Sundry Debt Accounts (including Social Care Finance charges) .

  • Local Government Act 1995, impose interest at 9% on any amount of money (other than rates and service charges) which is owed to Shire and has been owed for a period of 35 days in accordance with Council Policy CP/FIN-3214- Sundry Debt Collection.

  • Reducing the amount of Sundry Debt outstanding older than 3-months would not impact on revenue, but would increase cash collected.


More Definitions of Sundry Debt

Sundry Debt refers to any debt other than for rates, housing, metered services, sewerage and refuse removal.
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Related to Sundry Debt

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Total Debt means, at any time, the sum (determined on a consolidated basis and without duplication) of all Indebtedness of the Borrower and its Subsidiaries, excluding contingent obligations with respect to Surety Instruments (other than any letter of credit issued for the account of the Borrower or any Subsidiary to support Indebtedness of a Person other than the Borrower or any Subsidiary).

  • Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.

  • Consolidated Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a Consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all purchase money Indebtedness; (c) the maximum amount available to be drawn under issued and outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (f) above of Persons other than the Borrower or any Subsidiary; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary.

  • Consolidated Unsecured Indebtedness means, at any time, the portion of Consolidated Total Indebtedness that is Unsecured Debt.