The Council has received the following information from the Finance Committee which it now publishes to the University.
The audited accounts of the Colleges have been received and enquiries, where appropriate, have been made to ensure that the contributions of Colleges have been calculated in accordance with the provisions of Statute G, II.
The following table gives the net assessable income of each College, the gross contribution, and the net contribution to be made.
This information is provided as a PDF file:
The Council has received the following report from the Committee of Management of the Colleges Fund which under Regulation 4 for the Fund (Statutes and Ordinances, p. 946) it now publishes to the University.
1. The amount of money available in the Fund for distribution in 2008 is approximately £3,480,000.
2. The Committee of Management has approved the following grants to the corporate capital of Colleges to be paid on 30 June 2008:
| £ 000 | |
| Clare Hall | 127.5 |
| Darwin | 184.7 |
| Downing | 111.9 |
| Fitzwilliam | 287.9 |
| Hughes Hall | 389.9 |
| Lucy Cavendish | 357.6 |
| New Hall | 225.6 |
| Robinson | 438.2 |
| St Catharine's | 96.9 |
| St Edmund's | 452.5 |
| Selwyn | 213.3 |
| Wolfson | 493.9 |
| ___________ | |
| TOTAL | 3,380.0 |
3. These grants have been calculated by using the model of a standard College with a basic requirement for endowment. The figures take account of the actual endowment requirements of the relevant applicant College, having reference to numbers of undergraduates, full-time equivalent graduates, Fellows, and College Teaching Officers.
4. In addition to the endowment-based grants listed above, the Committee of Management has agreed to make the following exceptional grants:
| (i) | to Lucy Cavendish College a grant of £15,000 in response to a request for assistance with technical costs for rectification works required by malicious IT activity, and |
| (ii) | to Churchill College a grant of £85,000 in response to a request for assistance with family accommodation available to students of other Colleges. |