Aha - just found an item published on the Society's website on the 12 June 2012 that says:
"Last week we heard from Lewisham Council that the total funds required for the refurbishment of the Forest Hill pedestrian subway have been safeguarded. This now includes improvements to the steps and handrails as well as wall and ceiling cladding, proper drainage, and lighting.
The extra £28,000 was made available by Lewisham Council as part of monies that were set aside for improvements to the East London Line Extension.
In total over £150,000 will be spent to on the subway starting in September, finally bringing the subway up to the standard that Forest Hill residents and visitors deserve."
If the web-site item is accurate that is good news - perhaps after all the printed edition is just a tad out-of-date.
Perhaps a short synopsis of the latest position with regard to finance, approvals (inc Temporary Closure Notices for the subway), design development position and project timetable could be published.