Recommendations
The Executive is asked to note the overall forecast surplus as at 30 September 2016 (Month 6) of £1.758 million and note the position on reserves as detailed in paragraphs 14-16.
Item 9 - Month 6 Revenue Forecast (E17/17)
Summary
This report summarises actual income expenditure recorded in the accounts as at 30 September 2016 (Month 6), provides a projected outturn figure for the year and highlights any significant forecast variances against the approved budget. A separate forecast is provided for each of London Councils three funding streams. The Executive is also provided with an update on London Councils reserves.