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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. 

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.