Archived decisions


38	Trust funds

	The Council acts as sole trustee for 28 trust funds (28 in 2006/07) and as administrator
	for 13 other trust funds (13 in 2006/07). They include educational prize funds, funds
	for the financing of improvements in education, social care and museum establishments,
	and musical and sports scholarship funds. The trusts are mainly invested in specialist
	pooled funds for charities and cash held on deposit with the County Council.

		Balance at			Balance at
		31 March	Income	Expenditure	31 March
		2007				2008
		£'000	£'000	£'000		£'000
	Sole trustee funds

	Educational trusts
	Butlocks Heath/Netley Abbey School	290	20	-20		290
	Dayas Music Scholarship	84	5	-4		85
	Michael Austin Harlick Memorial	253	16	-13		256
	Shipton Bellinger School	41	2	-2		41
	Mace Educational Trust	113	7	-7		113
	Spitfire Mitchell Memorial	192	11	-		203
	Other	23	1	-		24
	Total	996	62	-46		1,012
	Social services trusts
	Hampshire Mentally Handicapped Persons
	Holiday Organisation	40	2	-		42
	Hampshire Old Industrial and Reformatory Schools	62	4	-2		64
	Green Meadows Old Peoples Home	15	1	-		16
	Total	117	7	-2		122
	Museums trusts
	Allen Curtis Museum Trust	24	4	-4		24
	The Flora Twort Trust	41	3	-3		41
	Red House Museum Trust	50	5	-5		50
	Total	115	12	-12		115
	Libraries trust
	Julian Davies Foundation	2	-	-		2
	Other
	Hillier Arboretum trust	7	3	-2		8

	Total - sole trustee trusts	1,237	84	-62		1,259

	Administrator funds
	The Eggars Grammar School Alton Site Foundation	1,701	76	-7		1,770
	Hampshire Foundation for young Musicians	66	6	-3		69
	Other	26	1	-		27
	Social services trusts	6	-	-		6
	Total administrator trusts	1,799	83	-10		1,872

	Total trust funds	3,036	167	-72		3,131

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39	Undischarged obligations

	Project Integra

	Project Integra is being implemented as the long-term solution to household
	waste management in Hampshire. It is a partnership between the County Council,
	the unitary and district councils in Hampshire and the private contractor
	Hampshire Waste Services (HWS). The partnership is underpinned by a long-term
	contract with HWS which is jointly administered by the County Council
	and Portsmouth and Southampton unitary authorities. The contract began
	in January 1996 and will run until 2024/25. At 31 March 2008 the payments
	remaining under the contract are estimated to be £1,604m of which £1,252m
	will be charged to the County Council.

	Hampshire Public Service Network

	A seven year contract for a new integrated voice and data network was
	entered into with Unisys at the end of 1999. This has now been extended
	to November 2009. At 31 March 2008 the payments remaining under
	the contract are estimated at £8.8m (£14.08m at 31 March 2007).

	Enterprise Licence

	During 2006/07 the County Council entered into an agreement
	with IBM to implement an IBM Enterprise Licence.
	The implementation programme is expected to take
	up to 5 years and will deliver a range of benefits including improved
	security, a fully integrated information management system and integration
	of the wide variety of corporate IT systems hosted on Hantsnet.
	The payments remaining under the contract are £2.38m at 31 March 2008
	(£4.58m at 31 March 2007) with approximately 3.5 years remaining.

	Schools Broadband

	The County Council has a 5 year contract with Synetrix to provide
	Broadband lines to Schools which expires in April 2009.
	The payments remaining under the contract are £2.8m at 31 March 2008
	(£2.65m at 31 March 2007).









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