Recommendations
The Executive is asked:
• To note the level of outstanding debt of £98,207.19 in relation to borough, TfL and GLA invoices raised up until 31 July 2015, a reduction on the outstanding figure of £3.183 million reported to the Executive at its meeting on 8 September 2015;
• To note the level of outstanding debt of £1.254 million in respect of borough, TfL and GLA invoices raised in the period 1 August to 31 December 2015;
• To note the level of outstanding debt of £903,327.82 in relation to other debtors invoices raised up until 31 December 2015;
• To approve the write-off of £1,485.75 in respect of the invoice to the Community Development Institute (CDI) to recover unused European Social Fund (ESF) community grant funding; and
• To note the specific action being taken in respect of significant debtors, as detailed in paragraph 6 and 9 of this report.