Liverpool Council is owed more than £7m in rent arrears despite receiving hundreds of thousands of pounds in the last 12 months.
New information released ahead of the local authority’s strategic development and housing committee has detailed how much the city has failed to recoup from its tenants. A report by Mark Bourgeois, interim strategic director for city development, said the amount owed to Liverpool Council for rent had dropped by £840,000 but the authority’s coffers are still short to the tune of £7.1m.
Mr Bourgeois’ update comes weeks after the city’s former interim finance director said the council has more than £200m in outstanding debt that it does not expect to recover. In February, Ian Duncan wrote how the council had to set aside more than £270m to “cover the cost of known liabilities of previous years” during its most recent budget setting process.
