# The Business Improvement Districts (Property Owners) (England) Regulations 2014, Paragraph 2


For each year a billing authority which is required to keep a BID Revenue Account (“the account”) shall carry to the debit of the account amounts equal to the items listed in this Part of this Schedule.
Item 1: BRS-BID cost of collection
The cost to the authority for the year in respect of collecting the BRS-BID levy.
Item 2: BRS-BID expenditure
The expenditure of the authority for the year in respect of the BRS-BID arrangements (including sums paid to a third party to undertake the works or services under the BRS-BID arrangements).
Item 3: provision for bad or doubtful debts
The following, namely—
(a) any sums credited to the account for the year or any previous year under item 1 or 2 of Part 1 of this Schedule which, in the opinion of the authority, are bad debts which should be written off; and
(b) any provision for doubtful debts which, in their opinion, should be made in respect of sums so credited.
Item 4: debit balance from previous year
Any debit balance shown in the account for the previous year.

---
Source: https://www.legislation.gov.uk/ukdsi/2014/9780111122006/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.