Item 8 - Debtors Update Report (with appendices) (E09/19)

Summary 
 
This report details the level of outstanding debt owed to London Councils from all sources as at 31 July 2019. This report also details the reduction in the level of outstanding debt due from boroughs, TfL and the GLA in the period to 31 December 2018.
 
Recommendations 
 
The Executive is asked:
 
• To note that all borough, TfL and GLA debts raised up to 31 December 2018 and reported to the Executive at its meeting on  26 February 2019 have been paid;
• To note the level of outstanding debt of £2.041 million in respect of borough, TfL and GLA invoices raised in the period 1 January to 31 July 2019;
• To note the level of outstanding debt of £57,308.16 in relation to other debtors invoices raised up until 31 July 2019; and
• To note the specific action being taken in respect of significant debtors, as detailed in paragraph 5 and 8 of this report.