TECHNICAL COLLEGE SYSTEM OF GEORGIA REVIEW REPORT 
FOR FISCAL YEAR ENDED JUNE 30, 2018 
Georgia Department of Audits and Accounts Greg S. Griffin State Auditor 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA - TABLE OF CONTENTS - 
 
FINANCIAL INDEPENDENT ACCOUNTANT'S REPORT COMBINING STATEMENTS 
COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION - 
(GAAP BASIS) COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
 
Page 
1 7 13 
 
SUPPLEMENTARY INFORMATION 
 
COMBINING BALANCE SHEET - (NON-GAAP BASIS) - BUDGET FUND 
 
20 
 
SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORTS (NON-GAAP BASIS) BUDGET FUND BY BUDGET UNIT 
 
ADMINISTRATIVE SYSTEM 
 
26 
 
ALBANY TECHNICAL COLLEGE 
 
27 
 
ATHENS TECHNICAL COLLEGE 
 
28 
 
ATLANTA TECHNICAL COLLEGE 
 
29 
 
AUGUSTA TECHNICAL COLLEGE 
 
30 
 
CENTRAL GEORGIA TECHNICAL COLLEGE 
 
31 
 
CHATTAHOOCHEE TECHNICAL COLLEGE 
 
32 
 
COASTAL PINES TECHNICAL COLLEGE 
 
33 
 
COLUMBUS TECHNICAL COLLEGE 
 
34 
 
GEORGIA NORTHWESTERN TECHNICAL COLLEGE 
 
35 
 
GEORGIA PIEDMONT TECHNICAL COLLEGE 
 
36 
 
GWINNETT TECHNICAL COLLEGE 
 
37 
 
LANIER TECHNICAL COLLEGE 
 
38 
 
NORTH GEORGIA TECHNICAL COLLEGE 
 
39 
 
OGEECHEE TECHNICAL COLLEGE 
 
40 
 
OCONEE FALL LINE TECHNICAL COLLEGE 
 
41 
 
SAVANNAH TECHNICAL COLLEGE 
 
42 
 
SOUTHEASTERN TECHNICAL COLLEGE 
 
43 
 
SOUTH GEORGIA TECHNICAL COLLEGE 
 
44 
 
SOUTHERN CRESCENT TECHNICAL COLLEGE 
 
45 
 
SOUTHERN REGIONAL TECHNICAL COLLEGE 
 
46 
 
WEST GEORGIA TECHNICAL COLLEGE 
 
47 
 
WIREGRASS GEORGIA TECHNICAL COLLEGE 
 
48 
 
 FINANCIAL 
 
 Greg S. Griffin 
STATE AUDITOR 
(404) 656-2174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
270 Washington Street, S.W., Suite 1-156 Atlanta, Georgia 30334-8400 
February 6, 2019 
 
Honorable Brian P. Kemp, Governor Members of the General Assembly of Georgia Members of the State Board of the Technical College System of Georgia 
and Mr. Matt Arthur, Commissioner Technical College System of Georgia 
Independent Accountant's Review Report 
Dear Mr. Arthur: 
We have reviewed the accompanying Statement of Net Position of the Technical College System of Georgia as of June 30, 2018, and the Statement of Revenues, Expenses, and Changes in Net Position and Statement of Cash Flows for the year then ended. A review includes primarily applying analytical procedures to management's financial data and making inquiries of management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion. 
Management's Responsibility for the Financial Statements 
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement whether due to fraud or error. 
Accountant's Responsibility 
Our responsibility is to conduct the review engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. Those standards require us to perform procedures to obtain limited assurance as a basis for reporting whether we are aware of any material modifications that should be made to the Statement of Net Position, Statement of Revenues, Expenses, and Changes in Net Position, and Statement of Cash Flows for them to be in accordance with accounting principles generally accepted in the United States of America. We believe that the results of our procedures provide a reasonable basis for our conclusion. 
Accountant's Conclusion 
Based on our review, we are not aware of any material modifications that should be made to the accompanying Statement of Net Position, Statement of Revenues, Expenses, and Changes in Net Position, and Statement of Cash Flows in order for them to be in accordance with accounting principles generally accepted in the United States of America. 
 
 Other Matters The accompanying supplementary information, as listed in the table of contents, is presented for additional analysis and is not a required part of the basic financial statements. Such information is the responsibility of management. We have not audited or reviewed such information and we do not express an opinion, a conclusion, nor provide any assurance on it. 
Respectfully, 
Greg S. Griffin State Auditor 
 
 COMBINING STATEMENTS 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
TOTAL 
 
ADMINISTRATIVE SYSTEM OFFICE 
 
ALBANY 
 
ATHENS 
 
$ 
 
54,272,165.07 $ 
 
77,283.80 
 
11,243,199.37 20,260,060.76 57,828,158.92 
1,832,854.22 7,584,262.21 
43,505.34 
 
153,141,489.69 
 
590,863.00 8,660,551.00 1,077,449,646.91 
1,086,701,060.91 
1,239,842,550.60 
 
142,423,371.73 
 
4,541,366.59 $ - 
11,243,199.37 4,636,353.80 2,852,023.46 493,810.97 - 
23,766,754.19 
950,579.00 26,108,140.43 
27,058,719.43 
50,825,473.62 
7,285,226.87 
 
296,991.83 $ - 
301,707.87 1,104,220.04 
8,476.46 221,063.26 
- 
1,932,459.46 
280,297.00 28,827,218.45 
29,107,515.45 
31,039,974.91 
4,793,972.00 
 
4,018,761.79 - 
701,195.41 1,631,940.01 
49,258.00 - 
6,401,155.21 
183,251.00 47,433,067.72 
47,616,318.72 
54,017,473.93 
5,516,747.00 
 
211,231.94 424,713.38 2,099,052.46 22,178,864.79 38,296,299.89 10,722,990.73 261,509.00 327,679.75 18,009,060.58 
57,351.29 
92,588,753.81 
261,508.57 237,446.98 15,522,135.97 440,913,307.00 477,468,167.00 
934,402,565.52 
1,026,991,319.33 
75,475,698.00 
 
1,076,884,520.18 
22,596,292.97 (819,681,908.15) 
 
$ 
 
279,798,905.00 $ 
 
424,713.38 
12,815.04 6,564,430.06 1,491,298.31 
78,196.04 - 
1,318,851.54 - 
9,890,304.37 
1,166,372.48 23,374,123.00 25,647,469.00 
50,187,964.48 
60,078,268.85 
3,686,635.00 
 
57,754.25 240,070.83 952,558.06 192,459.09 104,355.94 661,306.22 - 
2,208,504.39 
17,296.06 498,880.12 16,144,527.00 17,214,632.00 
33,875,335.18 
36,083,839.57 
2,583,373.00 
 
127,711.16 330,670.79 700,139.84 364,866.26 599,582.97 - 
2,122,971.02 
534,243.62 17,688,325.00 19,359,670.00 
37,582,238.62 
39,705,209.64 
5,106,987.00 
 
26,108,140.43 
11,296,651.00 (43,058,994.79) 
 
28,705,566.45 
297,645.69 (31,836,477.80) 
 
47,433,067.72 
183,251.00 (32,894,294.43) 
 
(5,654,203.36) $ 
 
(2,833,265.66) $ 
 
14,722,024.29 
 
- 1 - 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
ATLANTA 
 
AUGUSTA 
 
CENTRAL GEORGIA 
 
CHATTAHOOCHEE 
 
$ 
 
1,671,304.25 $ 
 
- 
 
741,602.80 2,788,924.22 166,467.28 943,445.55 
3,591.91 
 
6,315,336.01 
 
299,691.00 34,180,774.63 
34,480,465.63 
40,795,801.64 
 
5,307,099.62 
 
3,911,187.58 $ 20,000.00 
168,406.68 1,408,618.07 
748,265.10 
- 
6,256,477.43 
737,831.00 53,057,002.28 
53,794,833.28 
60,051,310.71 
6,523,601.15 
 
408,069.95 $ 57,283.80 
569,974.77 6,426,418.71 
26,855.21 - 
7,488,602.44 
863,337.00 90,232,333.78 
91,095,670.78 
98,584,273.22 
11,013,697.00 
 
6,789,119.24 - 
1,978,661.89 9,403,693.06 
153,428.71 - 
18,324,902.90 
587,476.00 84,578,512.84 
85,165,988.84 
103,490,891.74 
10,038,881.00 
 
187,125.54 269,856.04 2,315,667.00 416,388.47 580,736.45 - 
3,769,773.50 
580,646.65 17,903,769.00 18,761,252.00 
37,245,667.65 
41,015,441.15 
3,334,566.00 
 
7,556.73 777,385.26 1,906,180.76 859,478.93 - 
3,550,601.68 
583,754.61 21,199,353.00 22,720,105.00 
44,503,212.61 
48,053,814.29 
3,013,926.00 
 
34,180,774.63 
299,691.00 (32,727,571.52) 
 
53,057,002.28 
738,935.16 (38,288,765.87) 
 
$ 
 
1,752,894.11 $ 
 
15,507,171.57 $ 
 
21,003.27 5,126,167.91 1,302,234.75 205,264.46 1,369,405.45 - 
8,024,075.84 
1,170,359.43 34,926,614.00 37,631,313.00 
73,728,286.43 
81,752,362.27 
8,670,071.00 
90,232,333.78 
863,337.00 (71,920,133.83) 
19,175,536.95 $ 
 
110,484.87 1,030,568.57 8,911,468.42 1,275,485.84 
2,987.56 1,350,102.61 
- 
12,681,097.87 
1,115,550.52 33,383,264.00 35,907,888.00 
70,406,702.52 
83,087,800.39 
5,995,770.00 
84,575,525.28 
743,136.09 (60,872,459.02) 
24,446,202.35 
 
- 2 - 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
COASTAL PINES 
 
COLUMBUS 
 
GEORGIA NORTHWESTERN 
 
GEORGIA PIEDMONT 
 
$ 
 
4,024,191.00 $ 
 
3,740,263.55 $ 
 
- 
 
- 
 
345,906.66 1,135,881.49 148,158.78 371,750.28 
- 
 
202,184.13 3,328,139.90 
4,006.41 305,498.67 
- 
 
6,025,888.21 
 
7,580,092.66 
 
163,187.00 41,847,911.22 
42,011,098.22 
48,036,986.43 
 
202,783.00 34,978,231.58 
35,181,014.58 
42,761,107.24 
 
4,354,078.00 
 
4,520,237.43 
 
2,244,170.51 $ - 
525,724.59 1,275,815.35 
35,326.25 - 
4,081,036.70 
652,881.00 56,104,719.44 
56,757,600.44 
60,838,637.14 
6,727,531.00 
 
135,836.29 - 
6,227,116.93 2,068,073.74 
98,325.71 493,671.10 
432.01 
9,023,455.78 
248,841.00 30,402,135.12 
30,650,976.12 
39,674,431.90 
6,181,543.00 
 
71,746.69 482,474.87 459,368.00 182,369.47 606,327.42 - 
1,802,286.45 
443,430.74 13,753,947.00 14,752,192.00 
28,949,569.74 
30,751,856.19 
2,884,545.00 
 
- 
804,816.17 2,577,979.60 
883,055.24 - 
30,860.26 512,537.53 
- 
4,809,248.80 
28,701.31 461,868.42 15,028,725.00 16,272,508.00 
31,791,802.73 
36,601,051.53 
2,822,217.00 
 
41,847,911.22 
163,187.00 (23,256,434.98) 
 
34,918,670.01 
202,783.02 (27,263,376.89) 
 
$ 
 
18,754,663.24 $ 
 
7,858,076.14 $ 
 
146,436.87 796,044.45 1,124,744.73 336,249.76 261,509.00 928,430.10 - 
3,593,414.91 
261,508.57 - 
733,160.36 22,392,769.00 24,322,156.00 
47,709,593.93 
51,303,008.84 
4,661,435.00 
 
267,135.63 2,708,859.20 860,878.23 1,406,088.92 65,823.26 924,647.47 56,302.32 
6,289,735.03 
701,156.09 19,910,600.00 21,495,304.00 
42,107,060.09 
48,396,795.12 
2,489,868.00 
 
56,104,719.44 
652,881.00 (45,155,876.14) 
 
30,336,311.86 
3,450,163.43 (38,817,163.51) 
 
11,601,724.30 $ 
 
(5,030,688.22) 
 
- 3 - 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
GWINNETT 
 
LANIER 
 
NORTH GEORGIA 
 
OGEECHEE 
 
$ 
 
6,872,395.28 $ 
 
- 
 
81,114.16 $ - 
 
1,313,213.13 $ - 
 
512,963.37 8,032,348.93 
2,170.65 - 
 
244,479.22 3,814,937.79 108,921.16 422,471.73 
- 
 
257,530.76 995,687.20 
52,660.91 217,520.97 
- 
 
15,419,878.23 
 
4,671,924.06 
 
2,836,612.97 
 
2,319,595.52 - 
67,599.74 620,238.35 39,111.73 207,644.34 
- 
3,254,189.68 
 
590,863.00 404,415.00 73,211,242.41 
74,206,520.41 
89,626,398.64 
 
222,138.00 41,978,698.13 
42,200,836.13 
46,872,760.19 
 
219,290.00 41,732,679.82 
41,951,969.82 
44,788,582.79 
 
82,031.00 33,977,268.66 
34,059,299.66 
37,313,489.34 
 
10,672,392.26 
 
5,724,742.00 
 
4,185,511.00 
 
4,391,062.00 
 
211,231.94 - 
272,292.05 1,185,535.62 6,942,163.30 
554,730.75 - 
920,236.91 - 
10,086,190.57 
1,230,644.24 29,080,985.00 31,253,082.00 
61,564,711.24 
71,650,901.81 
3,603,725.00 
 
138,029.10 466,062.56 3,001,819.87 415,784.92 42,788.01 780,593.62 - 
4,845,078.08 
33,939.85 642,649.71 16,250,620.00 17,772,377.00 
34,699,586.56 
39,544,664.64 
2,589,997.00 
 
69,027.65 231,159.03 452,209.31 130,381.59 428,842.81 - 
1,311,620.39 
466,444.90 12,078,470.00 12,992,994.00 
25,537,908.90 
26,849,529.29 
1,455,592.00 
 
46,123.75 79,659.85 439,899.52 182,695.26 545,137.73 - 
1,293,516.11 
346,814.93 11,429,613.00 12,764,889.00 
24,541,316.93 
25,834,833.04 
2,038,950.00 
 
73,211,242.41 
492,073.10 (48,659,151.42) 
 
41,901,970.27 
226,838.00 (31,665,267.72) 
 
41,732,679.82 
274,922.55 (21,338,629.89) 
 
33,977,268.66 
82,031.00 (20,228,531.36) 
 
$ 
 
25,044,164.09 $ 
 
10,463,540.55 $ 
 
20,668,972.48 $ 
 
13,830,768.30 
 
- 4 - 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
OCONEE FALL LINE 
 
SAVANNAH 
 
SOUTHEASTERN 
 
SOUTH GEORGIA 
 
$ 
 
446,671.24 $ 
 
- 
 
107,651.14 680,818.58 191,139.25 296,045.69 
- 
 
1,722,325.90 
 
210,799.00 35,826,045.76 
36,036,844.76 
37,759,170.66 
 
3,276,123.00 
 
2,605,549.38 $ - 
501,383.68 1,392,859.14 
74,756.40 661,394.17 
- 
5,235,942.77 
238,946.00 48,350,831.33 
48,589,777.33 
53,825,720.10 
5,879,075.00 
 
1,399,153.04 $ - 
85,862.93 1,032,585.41 13,898.86 328,236.68 
12.81 
2,859,749.73 
279,060.00 34,686,223.02 
34,965,283.02 
37,825,032.75 
3,318,587.00 
 
312,904.01 - 
772,508.20 1,359,201.76 
8,420.00 128,463.54 
- 
2,581,497.51 
354,495.00 28,614,822.25 
28,969,317.25 
31,550,814.76 
3,254,063.00 
 
47,327.66 219,929.59 293,934.52 178,728.47 505,071.41 1,048.97 
1,246,040.62 
410,268.67 10,411,428.00 11,467,616.00 
22,289,312.67 
23,535,353.29 
2,066,251.00 
 
35,826,045.76 
210,799.04 (20,603,155.43) 
 
$ 
 
15,433,689.37 $ 
 
107,883.80 188,029.42 798,376.87 245,279.33 770,787.02 - 
2,110,356.44 
738,339.74 19,550,237.00 20,407,289.00 
40,695,865.74 
42,806,222.18 
2,442,061.00 
 
84,976.06 366,278.66 346,410.80 298,021.99 534,098.18 - 
1,629,785.69 
460,021.85 10,578,389.00 11,844,888.00 
22,883,298.85 
24,513,084.54 
2,164,523.00 
 
53,164.64 575,701.35 596,053.98 47,163.50 389,419.75 - 
1,661,503.22 
390,640.55 9,862,225.00 10,868,126.00 
21,120,991.55 
22,782,494.77 
1,822,258.00 
 
48,350,831.33 
238,946.00 (34,133,265.41) 
 
34,686,223.02 
279,695.32 (20,499,906.13) 
 
28,614,822.25 
413,047.63 (18,827,744.89) 
 
14,456,511.92 $ 
 
14,466,012.21 $ 
 
10,200,124.99 
 
- 5 - 
 
 ASSETS 
Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable, Net State Appropriations Federal Financial Assistance Other Prepaid Items Inventories Other Assets 
Total Current Assets 
Noncurrent Assets Investments Net OPEB Asset Capital Assets, Net 
Total Noncurrent Assets 
Total Assets 
Deferred Outflows of Resources Related to Defined Benefit Pension Plans and OPEB 
LIABILITIES 
Current Liabilities Contracts Payable Grants Payable Salaries Payable Accounts Payable Unearned Revenue Funds Held for Others Claims and Judgements Capital Leases Compensated Absences Other Liabilities 
Total Current Liabilities 
Noncurrent Liabilities Claims and Judgements Capital Leases Compensated Absences Net OPEB Liability Net Pension Liability 
Total Noncurrent Liabilities 
Total Liabilities 
Deferred Inflows of Resources Related to Defined Benefit Pension Plans and OPEB 
NET POSITION 
Net Investment in Capital Assets Restricted 
Expendable Unrestricted(Deficit) 
Total Net Position 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF NET POSITION - (GAAP BASIS) 
JUNE 30, 2018 
 
SOUTHERN CRESCENT 
 
SOUTHERN REGIONAL 
 
WEST GEORGIA 
 
WIREGRASS GEORGIA 
 
$ 
 
2,166,798.15 $ 
 
- 
 
139,835.49 1,214,149.46 
57,340.15 719,343.09 
- 
 
4,297,466.34 
 
294,496.00 41,834,339.14 
42,128,835.14 
46,426,301.48 
 
6,511,313.90 
 
1,021,928.37 $ - 
323,449.26 1,135,320.66 
620,240.56 
39,468.61 
3,140,407.46 
425,150.00 61,542,378.07 
61,967,528.07 
65,107,935.53 
6,837,788.00 
 
2,258,974.85 $ - 
401,145.69 2,159,958.56 
98,701.46 555,705.13 
- 
5,474,485.69 
506,300.00 58,715,394.91 
59,221,694.91 
64,696,180.60 
8,441,699.50 
 
1,692,605.36 - 
446,815.75 1,966,305.03 
1,619.87 343,502.35 
- 
4,450,848.36 
253,277.00 49,229,675.92 
49,482,952.92 
53,933,801.28 
7,668,401.00 
 
91,937.98 74,823.46 1,082,460.60 328,110.12 7,283.66 989,317.64 - 
2,573,933.46 
37,733.94 809,451.81 20,540,106.00 22,114,948.00 
43,502,239.75 
46,076,173.21 
3,107,675.00 
 
41,789,321.54 
301,699.94 (38,337,254.31) 
 
$ 
 
3,753,767.17 $ 
 
11,422.76 31,607.42 878,184.06 243,399.50 44,838.09 723,883.41 - 
1,933,335.24 
95,116.58 613,108.38 19,713,857.00 21,424,216.00 
41,846,297.96 
43,779,633.20 
3,410,784.00 
61,402,423.40 
425,250.00 (37,072,367.07) 
24,755,306.33 $ 
 
118,909.44 392,940.56 1,278,150.39 589,804.65 5,000.00 1,000,893.36 - 
3,385,698.40 
793,626.49 26,504,376.00 28,964,158.00 
56,262,160.49 
59,647,858.89 
2,967,247.00 
 
55,744.25 5,621.65 712,914.47 262,286.34 23,742.97 709,372.05 - 
1,769,681.73 
24,659.24 630,701.66 19,206,985.00 21,509,095.00 
41,371,440.90 
43,141,122.63 
2,557,242.00 
 
58,710,394.91 
506,300.00 (48,693,920.70) 
 
49,181,273.71 
253,729.00 (33,531,165.06) 
 
10,522,774.21 $ 
 
15,903,837.65 
 
- 6 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
TOTAL 
 
ADMINISTRATIVE SYSTEM OFFICE 
 
$ 
 
240,028,491.39 $ 
 
(3,352,852.62) 
 
(83,514,746.56) 
 
2,160,549.33 2,793,232.51 40,762,850.95 1,215,164.85 
 
200,092,689.85 
 
- $ - 
1,245,429.02 127,270.18 
1,372,699.20 
 
ALBANY 
 
ATHENS 
 
9,319,588.88 $ (245,118.66) 
(4,069,376.70) 
98,576.40 4,890.00 
1,330,688.76 60.00 
6,439,308.68 
 
10,663,630.96 - 
(2,743,678.91) 
88,216.63 - 
1,401,259.95 15,796.21 
9,425,224.84 
 
370,076,929.55 123,721,666.69 
8,524.59 4,267,266.18 128,159,673.49 26,885,388.74 116,217,250.18 63,099,311.04 
832,436,010.46 
(632,343,320.61) 
 
17,347,841.15 7,020,476.28 933,110.88 503,876.50 
23,634,190.87 3,453,961.12 
52,893,456.80 
(51,520,757.60) 
 
13,090,697.79 4,474,045.63 194,420.32 7,590,052.87 1,216,672.37 4,169,064.50 1,810,890.50 
32,545,843.98 
(26,106,535.30) 
 
15,485,073.97 4,358,589.54 106,706.21 5,361,582.23 1,014,728.53 4,001,235.23 2,705,078.01 
33,032,993.72 
(23,607,768.88) 
 
375,281,952.52 
270,613,193.53 6,689,528.67 897,395.71 658,121.64 (8,056,201.37) 
15,426,727.78 72,558.30 (49,673.26) 
1,174,442.75 (13,370,001.21) 
649,338,045.06 
16,994,724.45 
 
60,601,443.19 
8,614,771.79 888,937.94 124,872.54 
(6,146,031.49) 213.22 - 
(3,319.84) 
64,080,887.35 
12,560,129.75 
 
11,660,119.11 
14,029,468.86 226,351.98 455,997.51 1,926.66 (10,723.03) 662.20 (455,997.51) 
25,907,805.78 
(198,729.52) 
 
12,376,979.40 
11,113,563.07 2,065,263.52 250,000.00 (1,026,957.04) 1,086,476.60 (1,086,476.60) 
24,778,848.95 
1,171,080.07 
 
357,545.68 20,909,061.93 
648,294.96 253,295.71 143,651.92 (3,925,127.60) 12,926,421.23 
31,313,143.83 
48,307,868.28 
231,491,036.72 
 
$ 
 
279,798,905.00 $ 
 
86,604.00 
187,577.47 
274,181.47 
12,834,311.22 
(18,488,514.58) 
 
996,533.19 
23,540.67 
13,530.98 
1,033,604.84 
834,875.32 
(3,668,140.98) 
 
2,324,933.63 
(4,499.97) - 
2,320,433.66 
3,491,513.73 
11,230,510.56 
 
(5,654,203.36) $ 
 
(2,833,265.66) $ 
 
14,722,024.29 
 
- 7 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
ATLANTA 
 
AUGUSTA 
 
CENTRAL GEORGIA 
 
CHATTAHOOCHEE 
 
$ 
 
12,020,826.02 $ 
 
11,531,376.37 $ 
 
18,105,316.18 $ 
 
(469,769.48) 
 
- 
 
(99,810.38) 
 
(6,067,465.72) 
 
(6,121,989.98) 
 
(6,558,302.96) 
 
70,108.93 - 
1,645,856.07 2,730.00 
 
158,955.23 21,025.00 
983,594.78 2,947.63 
 
223,800.87 68,800.00 
5,394,311.28 1,738.85 
 
7,202,285.82 
 
6,575,909.03 
 
17,135,853.84 
 
25,664,608.11 (338,324.34) 
(5,629,563.30) 
66,667.83 310,822.51 1,610,015.04 (11,829.53) 
21,672,396.32 
 
15,382,786.67 4,462,782.08 113,907.83 7,600,535.15 1,027,976.63 5,206,784.55 2,339,098.96 
36,133,871.87 
(28,931,586.05) 
 
16,473,589.84 5,765,884.73 112,549.80 6,112,144.45 932,118.73 3,048,277.34 5,454,967.90 
37,899,532.79 
(31,323,623.76) 
 
30,246,741.15 8,779,209.54 227,556.14 
12,372,954.64 2,369,219.10 5,949,560.50 4,119,583.28 
64,064,824.35 
(46,928,970.51) 
 
27,310,144.39 8,631,803.01 119,004.04 7,455,486.49 2,097,117.63 6,994,956.18 3,876,271.50 
56,484,783.24 
(34,812,386.92) 
 
13,391,276.25 
16,566,330.89 125,362.40 217,106.18 8,350.81 80,707.30 (186,443.68) 
30,202,690.15 
1,271,104.10 
 
14,332,653.46 
14,629,364.26 222,830.81 831,267.99 871.92 (831,267.99) 
29,185,720.45 
(2,137,903.31) 
 
23,913,462.32 
23,685,011.33 1,102,435.47 4,000.00 1,181,626.34 116.64 (331.47) (1,181,626.34) 
48,704,694.29 
1,775,723.78 
 
21,495,492.85 
15,149,849.94 195,403.25 262,711.50 (293,921.70) 474,333.93 111.74 (1,638.93) 64,000.57 (669,237.53) 
36,677,105.62 
1,864,718.70 
 
433,646.99 
(81,250.01) - 
352,396.98 
1,623,501.08 
129,393.03 
 
154,575.65 
- 
13,530.98 
168,106.63 
(1,969,796.68) 
17,476,968.25 
 
2,096,425.98 
32,160.00 
(1,983,587.83) 12,546,688.90 
12,691,687.05 
14,467,410.83 
4,708,126.12 
 
520,891.57 
5,660.01 - 
526,551.58 
2,391,270.28 
22,054,932.07 
 
$ 
 
1,752,894.11 $ 
 
15,507,171.57 $ 
 
19,175,536.95 $ 
 
24,446,202.35 
 
- 8 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
COASTAL PINES 
 
COLUMBUS 
 
GEORGIA NORTHWESTERN 
 
GEORGIA PIEDMONT 
 
$ 
 
7,089,871.48 $ 
 
8,013,491.94 $ 
 
12,314,525.90 $ 
 
9,923,848.51 
 
- 
 
(67,439.53) 
 
(6,944.00) 
 
(964,321.85) 
 
(1,463,346.12) 
 
(3,835,447.96) 
 
(5,089,692.43) 
 
(6,086,103.54) 
 
29,496.58 49,755.25 886,588.39 
356.14 
 
192,852.38 - 
810,846.74 123,528.81 
 
43,363.50 - 
1,023,936.25 25,000.00 
 
45,254.13 364,338.36 3,554,435.98 
7,156.63 
 
6,592,721.72 
 
5,237,832.38 
 
8,310,189.22 
 
6,844,608.22 
 
10,747,534.49 3,423,458.51 178,487.24 3,490,590.24 1,049,042.14 5,214,943.12 2,402,708.26 
26,506,764.00 
(19,914,042.28) 
 
12,491,285.34 3,919,053.69 123,105.41 4,814,574.14 847,100.77 2,255,629.37 2,009,583.57 
26,460,332.29 
(21,222,499.91) 
 
18,357,811.47 5,498,564.86 208,373.53 5,773,522.87 1,346,227.13 3,989,211.93 2,927,557.23 
38,101,269.02 
(29,791,079.80) 
 
17,996,738.67 5,768,817.26 92,159.59 4,648,984.46 1,146,012.01 5,758,181.00 1,778,936.97 
37,189,829.96 
(30,345,221.74) 
 
13,924,165.89 
6,188,549.55 - 
209,724.11 1,052.93 - 
(196,790.33) 
20,126,702.15 
212,659.87 
 
11,019,626.34 
9,976,675.81 - 
538,900.32 9.39 
(7,453.81) 261,854.17 (538,900.32) 
21,250,711.90 
28,211.99 
 
17,886,233.19 
13,897,948.30 - 
127,718.83 - 
653,902.12 45,841.70 7,948.00 
(653,902.12) 
31,965,690.02 
2,174,610.22 
 
20,515,855.59 
13,531,075.54 - 
518,112.52 - 
(318,870.90) 631,167.22 
169.73 - 
2,085.25 (631,167.22) 
34,248,427.73 
3,903,205.99 
 
1,032,025.58 
257.50 
(2,033.26) (1,077.34) 
1,029,172.48 
1,241,832.35 
17,512,830.89 
 
2,299,917.17 
(19,399.32) - 
2,280,517.85 
2,308,729.84 
5,549,346.30 
 
541,754.90 
(3,788.96) 13,530.98 
551,496.92 
2,726,107.14 
8,875,617.16 
 
946,157.67 
(197,325.23) 13,530.98 
762,363.42 
4,665,569.41 
(9,696,257.63) 
 
$ 
 
18,754,663.24 $ 
 
7,858,076.14 $ 
 
11,601,724.30 $ 
 
(5,030,688.22) 
 
- 9 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
GWINNETT 
 
$ 
 
23,455,352.21 $ 
 
(203,605.00) 
 
(5,623,571.72) 
 
193,254.02 - 
4,300,586.28 564,802.11 
 
22,686,817.90 
 
LANIER 
 
NORTH GEORGIA 
 
OGEECHEE 
 
9,196,596.80 $ (62,460.96) 
(1,458,928.59) 
38,567.08 602,802.95 1,643,524.93 
1,260.00 
9,961,362.21 
 
6,494,462.61 $ (55,015.12) 
(2,073,422.33) 
92,379.29 226,654.54 1,774,243.92 
7,295.13 
6,466,598.04 
 
5,721,880.51 - 
(1,857,526.54) 
47,714.00 51,563.50 734,723.73 10,644.09 
4,708,999.29 
 
27,379,306.48 10,349,133.13 
7,622.59 136,181.79 8,157,008.71 1,074,419.37 8,131,281.25 3,558,919.64 
58,793,872.96 
(36,107,055.06) 
 
14,912,633.24 5,121,070.14 126,111.80 3,728,407.80 933,790.60 2,806,780.64 2,794,865.61 
30,423,659.83 
(20,462,297.62) 
 
10,776,701.36 3,646,877.93 136,243.23 4,368,799.91 983,874.35 3,322,026.91 2,406,159.51 
25,640,683.20 
(19,174,085.16) 
 
8,851,927.92 3,194,171.14 
94,927.15 2,961,827.96 583,349.19 1,807,381.68 1,883,098.32 
19,376,683.36 
(14,667,684.07) 
 
18,309,554.79 
16,991,089.70 - 
109,566.73 - 
1,439,954.15 6,617.72 - 
(978,714.15) 
35,878,068.94 
(228,986.12) 
 
11,427,060.09 
7,115,545.97 - 
102,594.95 4,000.00 
(227,745.24) 434,338.44 
(10,665.13) 36,052.00 (188,385.48) 
18,692,795.60 
(1,769,502.02) 
 
10,191,837.80 
7,686,932.99 - 
507,735.99 2,858.29 - 
(507,735.99) 
17,881,629.08 
(1,292,456.08) 
 
8,533,842.74 
5,439,162.08 - 
317,905.48 796.87 - 
3,567.56 (317,905.48) 
13,977,369.25 
(690,314.82) 
 
357,545.68 587,655.30 
60,416.00 - 
(35,331.67) - 
970,285.31 
741,299.19 
24,302,864.90 
 
80,786.27 476,703.96 
1,478.10 3,917.42 
19,783.03 
582,668.78 
(1,186,833.24) 
11,649,673.79 
 
939,408.63 
29,551.67 
8,124.93 
977,085.23 
(315,370.85) 
20,984,343.35 
 
523,117.86 
25,500.00 913.16 
24,734.50 - 
(1,985.69) 
572,279.83 
(118,034.99) 
13,948,803.29 
 
$ 
 
25,044,164.09 $ 
 
10,462,840.55 $ 
 
20,668,972.50 $ 
 
13,830,768.30 
 
- 10 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
OCONEE FALL LINE 
 
SAVANNAH 
 
SOUTHEASTERN 
 
SOUTH GEORGIA 
 
$ 
 
3,358,861.10 $ 
 
11,043,919.52 $ 
 
4,333,786.31 $ 
 
5,076,945.06 
 
- 
 
(334,281.64) 
 
(95,025.57) 
 
- 
 
(1,426,931.06) 
 
(4,119,989.10) 
 
(1,061,726.63) 
 
(1,365,904.23) 
 
63,910.00 211,768.88 1,147,792.32 
79,935.61 
 
146,538.12 102,192.12 
31,409.05 2,334.00 
 
57,192.41 67,999.86 823,905.15 
(69.17) 
 
41,285.90 463,268.38 1,131,833.59 244,151.96 
 
3,435,336.85 
 
6,872,122.07 
 
4,126,062.36 
 
5,591,580.66 
 
9,218,631.66 2,688,024.11 
137,574.82 2,207,900.94 920,992.20 2,527,050.98 1,967,863.55 
19,668,038.26 
(16,232,701.41) 
 
15,545,898.07 5,825,282.48 902.00 333,567.85 5,063,814.04 1,300,039.66 3,771,062.64 2,525,183.07 
34,365,749.81 
(27,493,627.74) 
 
8,397,103.43 2,517,789.69 
78,997.04 2,814,340.59 911,733.80 1,587,321.05 2,090,482.28 
18,397,767.88 
(14,271,705.52) 
 
8,395,352.75 2,766,743.86 
152,021.26 4,663,685.07 1,042,255.56 4,229,519.61 1,639,054.20 
22,888,632.31 
(17,297,051.65) 
 
9,518,670.21 
5,480,987.45 6,934.76 - 
567,775.69 - 
(567,775.69) 
15,006,592.42 
(1,226,108.99) 
 
14,033,102.37 
13,572,089.12 370,102.36 34,223.69 16,537.60 (42,675.00) 445,957.39 (445,957.39) 
27,983,380.14 
489,752.40 
 
9,023,706.47 
4,561,252.55 (2,395.61) - 
838,249.00 - 
(457.83) - 
(691,701.43) 
13,728,653.15 
(543,052.37) 
 
9,600,649.04 
7,469,693.65 - 
147,622.87 713.11 - 
(99,945.00) (151,846.42) 
16,966,887.25 
(330,164.40) 
 
2,712.45 138.25 - 
2,850.70 
(1,223,258.29) 
16,656,947.66 
 
911,217.70 
17,588.02 
(37,163.86) 
- 
891,641.86 
1,381,394.26 
13,075,117.66 
 
1,360,122.45 
744.06 
(1,566,545.76) 
3,074.70 
(202,604.55) 
(745,656.92) 
15,211,669.13 
 
779,194.88 
- 
779,194.88 
449,030.48 
9,751,094.51 
 
$ 
 
15,433,689.37 $ 
 
14,456,511.92 $ 
 
14,466,012.21 $ 
 
10,200,124.99 
 
- 11 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF REVENUES, EXPENSES,AND CHANGES IN NET POSITION - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
OPERATING REVENUES 
Student Tuition and Fees Less: Allowance for Doubtful Accounts Less: Sponsored Scholarships 
Grants and Contracts Federal 
Rents and Royalties Sales and Services (Net of COGS) Other Operating Revenues 
Total Operating Revenues 
OPERATING EXPENSES 
Salaries Employee Benefits Other Personal Services Travel Scholarships and Fellowships Utilities Supplies and Other Services Depreciation 
Total Operating Expenses 
Operating Loss 
NONOPERATING REVENUES (EXPENSES) 
State Appropriations Grants and Contracts 
Revenues Federal State Local Nongovernmental 
Expenses Gifts Interest and Other Investment Income Interest Expense (Capital Assets) Other Nonoperating Revenues Other Nonoperating Expenses 
Net Nonoperating Revenues 
Income (Loss) Before Other Revenues, Expenses, Gains, or Loss 
CAPITAL CONTRIBUTIONS 
Capital Grants and Gifts Federal State Local Nongovernmental Gain on Disposal of Capital Assets Loss on Disposal of Capital Assets Special Item Transfer 
Total Capital Contributions 
Increase (Decrease) in Net Position 
Net Position - Beginning of Year, Restated 
Net Position - End of Year 
 
SOUTHERN CRESCENT 
 
SOUTHERN REGIONAL 
 
WEST GEORGIA 
 
WIREGRASS GEORGIA 
 
$ 
 
12,106,315.54 $ 
 
(55,648.42) 
 
(5,736,392.37) 
 
167,250.00 3,195.00 
1,851,986.58 4,047.90 
 
8,340,754.23 
 
9,450,649.89 $ - 
(3,142,261.78) 
50,228.53 154,976.75 1,158,520.13 
- 
7,672,113.52 
 
16,196,698.33 $ (355,087.67) 
(5,701,840.97) 
175,802.24 89,179.41 
2,889,866.26 235.00 
13,294,852.60 
 
8,945,939.16 - 
(2,281,283.62) 
69,135.26 - 
3,387,496.75 5,773.30 
10,127,060.85 
 
17,871,720.52 5,938,651.25 116,389.64 
11,008,663.42 1,225,835.43 2,726,353.71 2,055,094.95 
40,942,708.92 
(32,601,954.69) 
 
15,960,232.00 6,068,448.67 200,849.71 6,754,893.77 1,528,929.00 4,480,444.57 2,993,903.47 
37,987,701.19 
(30,315,587.67) 
 
21,952,619.73 7,854,404.45 153,273.88 5,665,709.85 1,776,206.10 4,912,867.04 3,792,592.08 
46,107,673.13 
(32,812,820.53) 
 
15,884,557.46 5,648,384.71 191,747.02 5,544,193.89 1,053,871.94 5,693,125.51 2,513,457.06 
36,529,337.59 
(26,402,276.74) 
 
14,136,623.13 
18,292,809.85 147,779.46 323,632.06 18.52 (423.17) (310,251.52) 
32,590,188.33 
(11,766.36) 
 
16,302,803.20 
12,200,740.96 214,401.80 447,037.21 3,974.19 (8,198.64) 667,957.90 (447,037.21) 
29,381,679.41 
(933,908.26) 
 
19,438,515.59 
13,660,644.55 - 
1,347,342.62 - 
(3,957.90) - 
(1,347,342.63) 
33,095,202.23 
282,381.70 
 
13,648,279.50 
10,759,635.32 1,126,120.53 1,178.99 2,328,461.34 (6,695.27) 149,552.80 (980,218.34) 
27,026,314.87 
624,038.13 
 
286,364.10 
0.01 52,702.03 
339,066.14 
327,299.78 
3,426,467.39 
 
698,301.60 
48,822.08 
13,530.98 
760,654.66 
(173,253.60) 
24,928,559.93 
 
1,938,697.54 
85,675.00 7,228.00 
115,000.00 - 
30,347.32 
2,176,947.86 
2,459,329.56 
8,063,444.65 
 
1,370,729.27 
88,300.00 
13,530.98 
1,472,560.25 
2,096,598.38 
13,807,239.27 
 
$ 
 
3,753,767.17 $ 
 
24,755,306.33 $ 
 
10,522,774.21 $ 
 
15,903,837.65 
 
- 12 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
 
TOTAL 
 
ADMINISTRATIVE SYSTEM OFFICE 
 
$ 
 
157,971,425.40 $ 
 
(1,131,448.06) 
 
41,647,921.42 
 
(315,226,851.75) 
 
(370,074,097.15) 
 
(128,159,673.49) 
 
2,671,675.89 
 
- $ 1,245,429.02 (31,679,188.13) (17,152,327.83) 127,270.18 
 
(612,301,047.74) 
 
(47,458,816.76) 
 
ALBANY 
4,980,870.87 $ 98,576.40 
1,330,688.76 (12,057,571.21) (13,068,144.05) 
(7,590,052.87) 4,950.00 
(26,300,682.10) 
 
ATHENS 
7,890,435.34 (481,509.20) 
1,401,259.95 (11,471,085.60) (15,526,321.88) 
(5,361,582.23) 15,796.21 
(23,533,007.41) 
 
366,671,020.27 1,290,130.67 
275,143,148.92 (13,617,755.11) 
629,486,544.75 
 
51,990,510.94 6,485.62 
(1,827,995.50) 3,095,181.16 
53,264,182.22 
 
11,660,119.11 (83,140.17) 
14,746,354.36 (468,006.90) 
25,855,326.40 
 
12,376,979.40 (130,081.70) 
13,488,346.15 (1,086,476.60) 
24,648,767.25 
 
10,574,993.68 191,723.63 
(24,988,969.01) (1,592,082.58) (50,545.18) 
(15,864,879.46) 
 
86,604.00 - 
(1,032,630.52) (757,335.00) - 
(1,703,361.52) 
 
931,345.92 - 
(1,083,321.28) (119,362.30) (10,723.03) 
(282,060.69) 
 
1,140,459.31 - 
(1,717,749.43) - 
(577,290.12) 
 
66,812.50 (77.54) 
66,734.96 1,387,352.51 52,884,812.56 
 
4,102,003.94 439,362.65 
 
1,926.66 - 
1,926.66 (725,489.73) 1,022,481.56 
 
538,469.72 3,480,292.07 
 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
$ 
 
54,272,165.07 $ 
 
4,541,366.59 $ 
 
296,991.83 $ 
 
4,018,761.79 
 
$ 
 
(632,343,320.61) $ 
 
63,099,311.04 
 
(6,841,126.43) 41,942.22 
(107,059.61) (43,505.34) 
(1,927,435.00) 3,531,326.82 
32,191.12 7,947,479.84 
537,998.36 57,351.29 
(78,148,363.00) (71,318,794.00) 
 
47,221,977.00 55,958,978.56 
 
(51,520,757.60) $ 3,453,961.12 
11,823.57 
(222,096.00) 3,328,584.11 (12,599.08) 208,112.40 (4,614,022.00) (4,335,242.00) 
3,017,441.00 3,225,977.72 
 
(26,106,535.30) $ 1,810,890.50 
(96,699.24) 3,169.60 
(42,777.53) - 
(31,571.00) (127,537.46) 
19,257.38 72,476.59 
3,296.36 - 
(3,043,007.00) (2,871,531.00) 
1,855,677.00 2,254,209.00 
 
(23,607,768.88) 2,705,078.01 
(569,725.83) 4,810.60 - 
(34,615.00) 143,879.31 (23,644.15) (29,516.71) (17,603.76) 
(4,367,553.00) (3,715,880.00) 
3,328,188.00 2,651,344.00 
 
$ 
 
(612,301,047.74) $ 
 
(47,458,816.76) $ 
 
(26,300,682.10) $ 
 
(23,533,007.41) 
 
$ 
 
11,717,916.12 $ 
 
$ 
 
193,373.00 $ 
 
- $ - $ 
 
88,727.94 $ 14,774.00 $ 
 
1,184,474.32 - 
 
- 13 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
ATLANTA 
 
AUGUSTA 
 
CENTRAL GEORGIA 
 
CHATTAHOOCHEE 
 
$ 
 
5,310,623.09 $ 
 
5,350,405.14 $ 
 
10,924,894.38 $ 
 
177,957.17 
 
(202,562.46) 
 
200,704.06 
 
1,645,856.07 
 
983,594.78 
 
5,184,775.74 
 
(13,710,248.33) 
 
(12,392,076.39) 
 
(20,529,979.83) 
 
(15,179,508.54) 
 
(16,498,993.74) 
 
(30,158,425.60) 
 
(7,600,535.15) 
 
(6,112,144.45) 
 
(12,372,954.64) 
 
2,730.00 
 
23,972.63 
 
70,538.85 
 
19,812,908.21 (2,715,191.88) 2,766,654.01 (21,730,228.26) (27,179,454.50) (7,455,486.49) 
298,992.98 
 
(29,353,125.69) 
 
(28,847,804.49) 
 
(46,680,447.04) 
 
(36,201,805.93) 
 
13,391,276.25 5,851.94 
16,649,611.98 (105,736.38) 
29,941,003.79 
 
14,332,653.46 48,858.48 
15,683,463.06 (831,267.99) 
29,233,707.01 
 
23,913,462.32 (98,444.18) 
25,064,116.42 (1,181,626.34) 
47,697,508.22 
 
21,495,492.85 (95,541.76) 
15,788,376.92 (605,236.96) 
36,583,091.05 
 
433,646.99 - 
(1,006,538.08) - 
(572,891.09) 
 
131,485.01 - 
(597,407.53) - 
(465,922.52) 
 
(284,789.90) (40,734.41) (331.47) 
(325,855.78) 
 
388,913.97 - 
(1,367,148.79) (16,589.07) (1,638.93) 
(996,462.82) 
 
8,350.81 - 
8,350.81 23,337.82 1,647,966.43 
 
871.92 - 
871.92 (79,148.08) 3,990,335.66 
 
116.64 (77.54) 39.10 691,244.50 (283,174.55) 
 
111.74 - 
111.74 (615,065.96) 7,404,185.20 
 
$ 
 
1,671,304.25 $ 
 
3,911,187.58 $ 
 
408,069.95 $ 
 
6,789,119.24 
 
$ 
 
(28,931,586.05) $ 
 
(31,323,623.76) $ 
 
(46,928,970.51) $ 
 
2,339,098.96 
 
5,454,967.90 
 
4,119,583.28 
 
(183,282.59) (109,068.02) 
(90,722.94) (3,591.91) 
(23,212.00) (145,209.34) 155,469.79 118,163.10 
47,808.34 - 
(2,967,771.00) (3,362,911.00) 
 
(484,361.70) - 
(67,354.87) - 
(177,833.00) (103,825.26) 
63,862.76 (25,403.90) 
(3,215,791.00) (3,462,118.00) 
 
(892,625.53) (7,310.73) - 
(187,787.00) 2,263,062.18 
(5,425.95) 137,684.72 
93,741.50 - 
(8,895,658.00) (8,276,835.00) 
 
1,538,597.00 2,265,091.97 
 
1,995,822.00 2,497,854.34 
 
7,163,440.00 4,736,654.00 
 
$ 
 
(29,353,125.69) $ 
 
(28,847,804.49) $ 
 
(46,680,447.04) $ 
 
(34,812,386.92) 3,876,271.50 
(2,663,186.10) (55,523.80) - 
(136,008.00) 324,063.45 
111.06 1,154,153.10 
130,578.83 - 
(6,400,323.00) (6,000,513.00) 
3,808,706.00 4,572,250.95 
(36,201,805.93) 
 
$ 
 
- $ 
 
154,575.65 $ 
 
2,128,585.98 $ 
 
131,977.60 
 
$ 
 
- $ 
 
- $ 
 
- $ 
 
- 
 
- 14 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
COASTAL PINES 
 
$ 
 
5,568,640.10 $ 
 
(16,508.13) 
 
893,168.13 
 
(11,246,120.85) 
 
(10,759,581.94) 
 
(3,490,590.24) 
 
30,470.55 
 
(19,020,522.38) 
 
COLUMBUS 
 
GEORGIA NORTHWESTERN 
 
6,089,937.05 $ 192,852.38 810,846.74 
(8,424,509.74) (12,498,856.47) 
(4,814,574.14) 123,528.81 
 
7,435,386.31 $ 43,363.50 
1,023,936.25 (14,202,781.00) (18,378,506.23) 
(5,773,522.87) 19,509.65 
 
(18,520,775.37) 
 
(29,832,614.39) 
 
GEORGIA PIEDMONT 
1,095,638.52 45,254.13 
3,554,435.98 (12,756,972.84) (18,109,558.20) 
(4,648,984.46) 2,851,254.43 
(27,968,932.44) 
 
13,924,165.89 (55,019.16) 
6,148,990.02 (196,790.33) 
19,821,346.42 
 
11,019,626.34 (24,730.63) 
11,622,796.83 (3,605,186.05) 
19,012,506.49 
 
17,886,233.19 (7,657.84) 
14,587,313.89 (645,954.12) 
31,819,935.12 
 
20,515,855.59 358,915.65 
8,837,604.75 (629,081.97) 
29,083,294.02 
 
937,792.81 - 
(2,297,162.28) - 
(1,359,369.47) 
 
2,299,917.17 - 
(2,663,787.55) (16,297.95) (7,453.81) 
(387,622.14) 
 
188,538.90 - 
(2,062,865.29) - 
(1,874,326.39) 
 
37,289.10 - 
(635,089.56) (193,570.84) 
- 
(791,371.30) 
 
1,052.93 - 
1,052.93 (557,492.50) 4,581,683.50 
 
9.39 - 
9.39 104,118.37 3,636,145.18 
 
45,841.70 - 
45,841.70 158,836.04 2,085,334.47 
 
169.73 - 
169.73 323,160.01 (187,323.72) 
 
$ 
 
4,024,191.00 $ 
 
3,740,263.55 $ 
 
2,244,170.51 $ 
 
135,836.29 
 
$ 
 
(19,914,042.28) $ (21,222,499.91) $ 
 
(29,791,079.80) $ 
 
(30,345,221.74) 
 
2,402,708.26 
 
2,009,583.57 
 
2,927,557.23 
 
1,778,936.97 
 
(183,007.07) 156,299.25 
49,394.60 - 
(35,711.00) 237,937.63 
5,103.25 66,056.00 (17,926.02) 
(2,095,627.00) (2,016,051.00) 
 
(2,509.50) (45,055.85) 
(46,206.00) 361,360.02 
1,979,332.60 
(7,571.13) - 
(2,761,243.00) (2,619,880.00) 
 
(59,678.94) (11,217.93) 
(152,117.00) (96,522.55) (34,522.43) 271,685.43 13,827.67 (5,035,086.00) (4,687,393.00) 
 
477,666.74 78,885.06 
212,433.26 (432.01) 
(68,057.00) 1,584,501.65 
5,539.85 224,308.10 (118,359.38) 
56,302.32 (2,857,612.00) (2,462,419.00) 
 
840,636.00 1,483,707.00 
 
1,615,287.00 2,218,626.83 
 
3,823,667.00 2,998,265.93 
 
1,059,540.00 2,405,054.74 
 
$ 
 
(19,020,522.38) $ (18,520,775.37) $ 
 
(29,832,614.39) $ 
 
(27,968,932.44) 
 
$ 
 
94,490.27 $ 
 
$ 
 
- $ 
 
- $ - $ 
 
353,216.00 $ - $ 
 
908,838.57 - 
 
- 15 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
GWINNETT 
 
LANIER 
 
$ 
 
17,851,596.69 $ 
 
10,789,918.74 $ 
 
225,929.62 
 
958,629.30 
 
4,289,414.36 
 
1,643,524.93 
 
(23,971,062.54) 
 
(11,594,287.01) 
 
(27,356,533.77) 
 
(15,403,021.50) 
 
(8,157,008.71) 
 
(3,728,407.80) 
 
526,466.27 
 
(3,210,874.84) 
 
(36,591,198.08) 
 
(20,544,518.18) 
 
NORTH GEORGIA 
4,320,771.11 $ 92,379.29 
1,774,243.92 (9,167,983.40) (10,752,737.03) (4,368,799.91) 
233,949.67 
(17,868,176.35) 
 
OGEECHEE 
3,872,864.78 48,424.00 
751,437.45 (6,363,413.05) (8,884,411.10) (2,961,827.96) 
62,207.59 
(13,474,718.29) 
 
18,309,554.79 1,255,300.51 
18,660,453.58 (978,714.15) 
37,246,594.73 
 
11,427,060.09 (4,767.83) 
7,428,734.12 (152,333.48) 
18,698,692.90 
 
10,191,837.80 22,149.90 
8,069,993.38 (553,822.67) 
17,730,158.41 
 
8,533,842.74 (12,141.09) 
5,699,669.12 (314,337.92) 
13,907,032.85 
 
(104,870.60) - 
(907,200.45) - 
(1,012,071.05) 
 
501,268.33 5,858.95 
(581,833.79) (56,282.49) (10,665.13) 
(141,654.13) 
 
(678,039.94) - 
(678,039.94) 
 
371,020.75 19,553.30 
(616,958.25) - 
(226,384.20) 
 
(356,674.40) 7,229,069.68 
 
(1,987,479.41) 2,068,593.57 
 
2,858.29 - 
2,858.29 (813,199.59) 2,126,412.72 
 
796.87 - 
796.87 206,727.23 2,112,868.29 
 
$ 
 
6,872,395.28 $ 
 
81,114.16 $ 
 
1,313,213.13 $ 
 
2,319,595.52 
 
$ 
 
(36,107,055.06) $ 
 
(20,462,297.62) $ 
 
3,558,919.64 
 
2,794,865.61 
 
(1,316,821.54) 1,451.88 - 
(100,029.00) (2,758,676.54) 
13,756.72 1,523,410.58 
9,015.99 - 
(3,654,856.00) (3,534,651.00) 
 
(1,580,432.69) (1,133.60) 
(378,557.74) - 
(68,331.00) (1,194,171.24) 
(26,526.96) 1,800,268.61 
101,089.88 - 
(2,898,013.00) (2,388,024.00) 
 
2,396,835.00 3,377,501.25 
 
2,119,732.00 1,637,013.57 
 
$ 
 
(36,591,198.08) $ 
 
(20,544,518.18) $ 
 
(19,174,085.16) $ 2,406,159.51 
(20,539.29) (65,749.58) 
(45,342.00) 116,252.89 (25,991.04) (45,254.05) 49,955.37 
(1,938,611.00) (1,340,093.00) 
826,709.00 1,388,412.00 
 
(14,667,684.07) 1,883,098.32 
10,912.22 (3,599.37) 40,615.86 
(28,256.00) 
2,870.05 (16,021.80) 15,022.31 (17,367.81) 
(1,960,237.00) 
(434,246.00) 
838,428.00 861,747.00 
 
(17,868,176.35) $ 
 
(13,474,718.29) 
 
$ 
 
739,304.22 $ 
 
57,700.00 $ 
 
$ 
 
- $ 
 
133,010.00 $ 
 
968,960.30 $ - $ 
 
178,510.27 - 
 
- 16 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
OCONEE FALL LINE 
 
SAVANNAH 
 
SOUTHEASTERN 
 
SOUTH GEORGIA 
 
$ 
 
1,937,180.49 $ 
 
6,651,436.56 $ 
 
370,847.95 
 
146,538.12 
 
1,052,969.92 
 
31,409.05 
 
(7,598,239.14) 
 
(12,338,287.37) 
 
(9,211,538.09) 
 
(15,542,752.32) 
 
(2,207,900.94) 
 
(5,063,814.04) 
 
277,883.96 
 
104,526.12 
 
3,198,749.47 $ 57,192.41 
823,905.15 (6,447,763.44) (8,461,731.28) (2,814,340.59) 
67,930.69 
 
4,340,021.22 (906,684.41) 
1,131,833.59 (9,435,268.91) (8,407,575.36) (4,663,685.07) 
776,240.94 
 
(15,378,795.85) 
 
(26,010,943.88) 
 
(13,576,057.59) 
 
(17,165,118.00) 
 
9,518,670.21 72,273.15 
6,055,697.90 (567,775.69) 
15,078,865.57 
 
14,033,102.37 49,923.27 
14,377,313.96 (445,957.39) 
28,014,382.21 
 
9,023,706.47 22,120.64 
5,414,022.65 (941,250.46) 
13,518,599.30 
 
9,600,649.04 6,867.03 
8,137,904.79 (251,791.42) 
17,493,629.44 
 
(391,104.27) - 
(391,104.27) 
 
395,870.94 - 
(808,259.32) - 
(412,388.38) 
 
1,336,799.38 - 
(1,465,883.54) (62,983.75) (457.83) 
(192,525.74) 
 
495,941.36 - 
(584,270.69) - 
(88,329.33) 
 
(691,034.55) 1,137,705.79 
 
1,591,049.95 1,014,499.43 
 
(249,984.03) 1,649,137.07 
 
713.11 - 
713.11 240,895.22 
72,008.79 
 
$ 
 
446,671.24 $ 
 
2,605,549.38 $ 
 
1,399,153.04 $ 
 
312,904.01 
 
$ 
 
(16,232,701.41) $ 
 
(27,493,627.74) $ 
 
1,967,863.55 
 
2,525,183.07 
 
290,360.12 (54,716.28) 
9,621.17 - 
(27,208.00) 81,703.11 (23,014.97) (86,814.65) 30,108.54 
1,048.97 (1,952,261.00) (1,468,980.00) 
 
28,152.83 6,446.87 
110,923.07 - 
(47,931.00) 174,360.23 
22,317.83 33,634.95 (14,574.99) 
(3,048,517.00) (2,838,894.00) 
 
849,379.00 1,236,816.00 
 
1,818,189.00 2,713,393.00 
 
$ 
 
(15,378,795.85) $ 
 
(26,010,943.88) $ 
 
(14,271,705.52) $ 2,090,482.28 
28,155.76 2,104.18 
(19,508.89) (12.81) 
(73,933.00) 91,655.66 (21,808.29) (6,440.40) (42,819.56) 
(1,968,147.00) (1,790,271.00) 
1,109,012.00 1,297,179.00 
 
(17,297,051.65) 1,639,054.20 
(421,631.00) (261.09) 
18,579.68 - 
(89,351.00) (72,781.46) 
6,707.27 171,461.68 (22,814.63) 
(2,017,805.00) (2,009,214.00) 
1,676,386.00 1,253,603.00 
 
(13,576,057.59) $ 
 
(17,165,118.00) 
 
$ 
 
2,712.45 $ 
 
906,977.43 $ 
 
$ 
 
- $ 
 
- $ 
 
24,067.13 $ - $ 
 
242,638.76 - 
 
- 17 - 
 
 TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING STATEMENT OF CASH FLOWS - (GAAP BASIS) 
YEAR ENDED JUNE 30, 2018 
 
CASH FLOWS FROM OPERATING ACTIVITIES Tuition and Fees Grants and Contracts Sales and Services of Educational Departments Payments to Suppliers Payments to Employees Payments for Scholarships and Fellowships Other Receipts (Payments) 
Net Cash Used by Operating Activities 
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Appropriations Agency Funds Transactions Gifts and Grants Received for Other than Capital Purposes Other Nonoperating Receipts (Payments) 
Net Cash Flows Provided by Noncapital Financing Activities 
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Capital Grants and Gifts Received Proceeds from Sale of Capital Assets Purchases of Capital Assets Principal Paid on Capital Debt and Lease Interest Paid on Capital Debt and Lease 
Net Cash Used by Capital and Related Financing Activities 
CASH FLOWS FROM INVESTING ACTIVITIES Earnings on Investments Purchase of Investments 
Net Cash Provided by Investing Activities 
Net Increase/Decrease in Cash 
Cash and Cash Equivalents - Beginning of Year 
Cash and Cash Equivalents - End of Year 
RECONCILIATION OF OPERATING LOSS TO NET CASH USED BY OPERATING ACTIVITIES: 
Operating Loss Depreciation Expense Change in Assets and Liabilities: Accounts Receivables, Net Prepaid Items Inventories Other Assets Net OPEB Asset Accounts Payable Accrued Payroll (Salaries Payable) Deferred Revenue Compensated Absences Other Liabilities Net OPEB Liability Net Pension Liability Change in Deferred Inflows/Outflows of Resources: Deferred Inflows of Resources Deferred Outflows of Resources 
Net Cash Used by Operating Activities 
NONCASH ACTIVITY Gift of Capital Assets Reducing Proceeds of Capital Grants and Gifts 
Fixed Assets Acquired by Incurring Capital Lease Obligations 
 
SOUTHERN CRESCENT 
 
SOUTHERN REGIONAL 
 
WEST GEORGIA 
 
WIREGRASS GEORGIA 
 
$ 
 
6,343,774.22 $ 
 
167,250.00 
 
1,851,986.58 
 
(12,226,572.04) 
 
(17,754,445.27) 
 
(11,008,663.42) 
 
53,635.35 
 
6,727,913.43 $ 50,228.53 
1,158,520.13 (14,142,659.88) (15,912,480.64) 
(6,754,893.77) 115,508.14 
 
10,851,055.08 $ 175,802.24 
2,889,866.26 (17,406,880.89) (22,052,927.64) 
(5,665,709.85) 89,414.41 
 
6,626,404.60 139,078.92 
3,408,164.65 (14,333,671.90) (15,824,264.17) 
(5,544,193.89) 5,773.30 
 
(32,573,034.58) 
 
(28,757,864.06) 
 
(31,119,380.39) 
 
(25,522,708.49) 
 
14,136,623.13 133,817.60 
18,664,039.65 (310,251.52) 
32,624,228.86 
 
16,302,803.20 (152,244.05) 
12,771,214.66 149,431.35 
29,071,205.16 
 
19,438,515.59 1,686.62 
14,872,152.17 (1,705,894.65) 
32,606,459.73 
 
13,648,279.50 (30,351.33) 
14,202,974.06 (1,284,874.63) 
26,536,027.60 
 
118,106.25 - 
(323,088.82) (571.40) (423.17) 
(205,977.14) 
 
662,947.90 - 
(819,116.69) (102,310.53) 
(8,198.64) 
(266,677.96) 
 
115,000.00 (1,099,180.86) (24,293.00) 
(3,957.90) 
(1,012,431.76) 
 
221,916.19 51,311.38 
(1,965,542.18) (201,751.84) (6,695.27) 
(1,900,761.72) 
 
18.52 - 
18.52 (154,764.34) 2,321,562.49 
 
3,974.19 - 
3,974.19 50,637.33 971,291.04 
 
474,647.58 1,784,327.27 
 
(887,442.61) 2,580,047.97 
 
$ 
 
2,166,798.15 $ 
 
1,021,928.37 $ 
 
2,258,974.85 $ 
 
1,692,605.36 
 
$ 
 
(32,601,954.69) $ 
 
2,055,094.95 
 
(99.18) 4,518.95 (98,346.94) 
(63,256.00) (129,528.27) 11,903.26 75,991.10 105,371.99 
(3,363,151.00) (3,053,341.00) 
 
1,996,303.00 2,487,459.25 
 
(30,315,587.67) $ 2,993,903.47 
316,714.24 29,279.82 93,780.08 (39,468.61) (96,379.00) 
(120,226.83) (31,163.17) 102,811.08 78,914.53 - 
(3,053,794.00) (3,897,959.00) 
404,266.00 4,777,045.00 
 
(32,812,820.53) $ 3,792,592.08 
415,256.19 5,528.01 
87,160.54 - 
(113,738.00) (435,438.53) 
32,573.41 296,029.20 (129,506.01) 
(4,036,087.00) (3,618,239.00) 
2,166,629.00 3,230,680.25 
 
(26,402,276.74) 2,513,457.06 
43,206.88 3,504.04 
78,506.47 - 
(58,468.00) 5,014.01 
(19,830.86) 9,153.74 
80,124.15 - 
(2,003,191.00) (1,134,109.00) 
973,108.00 389,092.76 
 
$ 
 
(32,573,034.58) $ 
 
(28,757,864.06) $ 
 
(31,119,380.39) $ 
 
(25,522,708.49) 
 
$ 
 
168,257.85 $ 
 
$ 
 
45,589.00 $ 
 
115,187.76 $ - $ 
 
2,031,600.54 $ - $ 
 
1,237,113.08 - 
 
- 18 - 
 
 SUPPLEMENTARY INFORMATION 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
TOTAL 
 
ADMINISTRATIVE SYSTEM OFFICE 
 
ALBANY 
 
ATHENS 
 
$ 
 
60,293,911.00 $ 
 
77,283.80 
 
4,534,199.51 $ - 
 
11,243,199.37 19,630,408.77 74,113,660.31 
2,729,021.51 7,585,559.42 
23,749.02 
 
11,243,199.37 8,536,264.89 
20,514,434.75 492,261.16 1,549.81 
 
777,786.27 $ - 
490,462.77 700,708.23 
8,476.46 222,353.67 
- 
 
4,249,530.52 - 
744,117.32 2,261,179.63 
67,101.32 - 
 
$ 
 
175,696,793.20 $ 
 
45,321,909.49 $ 
 
2,199,787.40 $ 
 
7,321,928.79 
 
$ 
 
254,120.70 $ 
 
16,995,292.74 
 
52,084,274.78 
 
1,938,497.78 
 
35,558,393.26 
 
209,593.34 
 
40,254.27 
 
107,080,426.87 
 
- $ 5,661,249.97 29,255,264.27 
12,815.04 - 
34,929,329.28 
 
- $ 220,812.21 535,575.65 
57,754.25 932,243.32 
10,169.06 - 
1,756,554.49 
 
320,012.49 1,988,794.56 127,711.16 678,615.36 
- 
3,115,133.57 
 
179,446.83 374,556.55 
4,000.00 3,771,557.64 2,420,271.43 1,373,416.84 10,345,472.00 2,058,642.54 13,917,931.55 3,171,425.42 3,448,034.78 12,028,622.39 12,302,136.42 3,032,299.44 
 
600.00 - 
10,345,472.00 - 
 
15,347.48 2,001.21 - 
284,044.73 10,191.52 3,946.22 62,247.82 58,000.00 3,348.48 2,499.39 - 
 
164,035.29 10,365.84 183,188.11 148,968.84 2,599,551.84 9,069.00 1,090,566.10 - 
 
188,552.50 68,616,366.33 
 
46,508.21 10,392,580.21 
 
1,606.06 443,232.91 
 
1,050.20 4,206,795.22 
 
$ 
 
175,696,793.20 $ 
 
45,321,909.49 $ 
 
2,199,787.40 $ 
 
7,321,928.79 
 
- 20 - 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
ATLANTA 
 
AUGUSTA 
 
CENTRAL GEORGIA 
 
CHATTAHOOCHEE 
 
$ 
 
1,975,736.82 $ 
 
2,487,884.45 $ 
 
- 
 
20,000.00 
 
922,399.96 2,932,396.39 166,467.28 943,445.55 
3,550.11 
 
210,391.02 1,775,680.58 
748,265.10 
1,830.94 
 
997,154.11 $ 57,283.80 
716,922.88 6,058,096.55 
26,855.21 - 
 
7,874,239.52 - 
913,533.45 9,141,595.22 270,447.81 
- 
 
$ 
 
6,943,996.11 $ 
 
5,244,052.09 $ 
 
7,856,312.55 $ 
 
18,199,816.00 
 
$ 
 
- $ 
 
132,295.02 
 
1,175,490.40 
 
187,125.54 
 
2,256,966.00 
 
28,751.56 
 
- 
 
- $ 896,011.16 741,375.02 - 
 
3,780,628.52 
 
1,637,386.18 
 
62,630.86 29,908.19 31,102.64 272,783.64 500,266.02 222,928.97 894,606.48 1,138,751.69 - 
 
122,741.21 119,446.07 192,731.37 129,783.44 748,265.10 2,076,749.14 216,920.82 - 
 
10,389.10 3,163,367.59 
 
28.76 3,606,665.91 
 
$ 
 
6,943,996.11 $ 
 
5,244,052.09 $ 
 
- $ 4,480,607.33 1,118,459.61 
21,003.27 1,211,053.23 
40,557.91 - 
6,871,681.35 
 
1,151,406.00 4,852,746.07 
8,683,054.33 
52,935.57 - 
14,740,141.97 
 
556,561.90 38,418.09 109,067.54 10,253.91 131,466.31 138,863.45 - 
 
155,660.09 - 
251,462.31 77,837.72 - 
1,426,261.87 48,675.25 - 
1,491,778.38 - 
 
984,631.20 
 
7,998.41 3,459,674.03 
 
7,856,312.55 $ 
 
18,199,816.00 
 
- 21 - 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
COASTAL PINES 
 
COLUMBUS 
 
GEORGIA NORTHWESTERN 
 
GEORGIA PIEDMONT 
 
$ 
 
4,659,826.08 $ 
 
2,839,621.98 $ 
 
2,624,495.40 $ 
 
1,561,542.37 
 
- 
 
- 
 
- 
 
- 
 
204,011.20 1,351,257.34 299,234.28 371,750.28 
- 
 
254,653.95 2,832,369.16 
4,006.41 305,498.67 
- 
 
651,545.04 564,076.55 
37,291.25 - 
 
2,113,486.65 2,993,243.84 
344,273.26 493,671.10 
432.01 
 
$ 
 
6,886,079.18 $ 
 
6,236,150.17 $ 
 
3,877,408.24 $ 
 
7,506,649.23 
 
$ 
 
- $ 
 
- $ 
 
- $ 
 
454,336.32 
 
296,209.79 
 
667,982.07 
 
2,319,459.31 
 
148,603.55 
 
639,903.24 
 
71,746.69 
 
49,046.52 
 
144,694.09 
 
447,018.00 
 
2,491,275.85 
 
1,027,309.01 
 
- 
 
8,973.10 
 
- 
 
- 
 
- 
 
17.08 
 
875,726.15 744,987.08 267,135.63 843,830.43 
10,755.14 39,789.37 
 
3,292,560.32 
 
2,994,108.81 
 
2,479,905.49 
 
2,782,223.80 
 
350,089.92 312,073.05 1,187,202.90 82,933.57 958,344.95 692,888.97 - 
 
0.02 
30.00 149,751.31 
105.84 1,575,882.43 802,824.78 711,775.27 - 
 
25,894.12 45,396.35 47,068.31 232,814.61 69,694.87 962,071.69 - 
 
170,160.00 
17,544.51 
8,149.00 - 
1,132,071.87 364,759.00 - 
3,031,162.43 
 
9,985.50 3,593,518.86 
 
1,671.71 3,242,041.36 
 
14,562.80 1,397,502.75 
 
578.62 4,724,425.43 
 
$ 
 
6,886,079.18 $ 
 
6,236,150.17 $ 
 
3,877,408.24 $ 
 
7,506,649.23 
 
- 22 - 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
GWINNETT 
 
LANIER 
 
NORTH GEORGIA 
 
OGEECHEE 
 
$ 
 
6,838,288.34 $ 
 
- 
 
- $ - 
 
1,542,924.12 $ - 
 
2,520,390.37 - 
 
624,717.68 8,544,881.76 
2,170.65 - 
 
252,136.03 3,825,590.31 125,417.89 422,471.73 
- 
 
234,205.48 861,170.91 
50,710.91 217,520.97 
- 
 
115,264.29 940,720.20 
30,128.73 207,644.34 
- 
 
$ 
 
16,010,058.43 $ 
 
4,625,615.96 $ 
 
2,906,532.39 $ 
 
3,814,147.93 
 
$ 
 
- $ 
 
462,797.79 
 
2,705,801.10 
 
272,292.05 
 
6,764,130.59 
 
- 
 
- 
 
10,205,021.53 
 
254,120.70 $ 449,655.09 189,524.52 138,029.10 2,920,142.05 
5,614.51 432.17 
3,957,518.14 
 
- $ 184,409.99 347,883.32 
68,313.65 436,490.50 
10,574.58 - 
1,047,672.04 
 
76,970.06 678,749.05 46,123.75 423,256.67 
- 
1,225,099.53 
 
87,658.10 
520.20 123,770.07 590,863.00 
2,867,302.90 170,634.06 1,926,144.89 - 
 
4,000.00 465,830.27 54,752.41 6,625.74 50,684.54 33,840.61 31,218.61 1,137.01 
 
55,632.55 
212,785.77 115,895.28 
30,266.30 418,510.28 41,248.56 151,771.39 632,659.01 197,365.79 - 
 
47,120.59 561.80 850,268.51 207,242.24 190,970.83 679,983.09 612,866.62 - 
 
38,143.68 5,805,036.90 
 
20,008.63 668,097.82 
 
2,725.42 1,858,860.35 
 
34.72 2,589,048.40 
 
$ 
 
16,010,058.43 $ 
 
4,625,615.96 $ 
 
2,906,532.39 $ 
 
3,814,147.93 
 
- 23 - 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
OCONEE FALL LINE 
 
SAVANNAH 
 
SOUTHEASTERN 
 
SOUTH GEORGIA 
 
$ 
 
666,777.01 $ 
 
2,848,339.27 $ 
 
1,504,430.02 $ 
 
1,307,762.62 
 
- 
 
- 
 
- 
 
- 
 
292,374.05 462,560.68 
80,518.60 296,045.69 
- 
 
660,801.50 1,444,649.82 479,503.82 661,394.17 
- 
 
122,019.84 711,170.98 
13,042.70 328,236.68 
8.54 
 
278,052.47 1,160,277.29 
8,420.00 128,463.54 
- 
 
$ 
 
1,798,276.03 $ 
 
6,094,688.58 $ 
 
2,678,908.76 $ 
 
2,882,975.92 
 
$ 
 
- $ 
 
- $ 
 
- $ 
 
- 
 
205,572.22 
 
- 
 
364,409.32 
 
529,498.07 
 
348,910.80 
 
1,118,861.43 
 
158,423.56 
 
607,519.87 
 
47,327.66 
 
103,325.49 
 
84,976.06 
 
53,164.64 
 
293,934.52 
 
768,172.88 
 
346,410.80 
 
537,185.98 
 
716.17 
 
33,512.64 
 
1,124.69 
 
- 
 
- 
 
15.65 
 
- 
 
- 
 
896,461.37 
 
2,023,888.09 
 
955,344.43 
 
1,727,368.56 
 
0.04 
201,137.90 
58,376.13 - 
192,042.38 3,900.00 
284,832.16 157,690.08 
- 
 
127,132.52 105,913.78 265,000.00 262,387.55 211,629.24 152,408.24 2,118,516.04 822,898.44 - 
 
635.32 - 
1,940.99 60,452.94 
536,713.13 205,969.31 531,217.89 371,578.55 - 
 
58,552.63 
625,447.10 
89,549.25 - 
62,524.37 80,185.83 35,395.05 50,455.45 149,188.71 
- 
 
3,835.97 901,814.66 
 
4,914.68 4,070,800.49 
 
15,056.20 1,723,564.33 
 
4,308.97 1,155,607.36 
 
$ 
 
1,798,276.03 $ 
 
6,094,688.58 $ 
 
2,678,908.76 $ 
 
2,882,975.92 
 
- 24 - 
 
 ASSETS 
Cash and Cash Equivalents Investments Accounts Receivable 
State Appropriation Federal Financial Assistance Other Prepaid Expenditures Inventories Other Assets 
Total Assets 
LIABILITIES AND FUND EQUITY 
Liabilities: Cash Overdraft Accounts Payable Encumbrance Payable Salaries Payable Unearned Revenue Funds Held for Others Other Liabilities 
Total Liabilities 
Fund Balances: Reserved Federal Financial Assistance Refunds to Grantor Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds State Appropriations Continuing Education Technology Fee Uncollectible Accounts Inventories Bookstore Tuition Other Reserves 
Unreserved Undesignated Surplus 
Total Fund Balances 
Total Liabilities and Fund Balances 
 
TECHNICAL COLLEGE SYSTEM OF GEORGIA COMBINING BALANCE SHEET (NON GAAP BASIS) 
BUDGET FUND JUNE 30, 2018 
 
SOUTHERN CRESCENT 
 
SOUTHERN REGIONAL 
 
WEST GEORGIA 
 
WIREGRASS GEORGIA 
 
$ 
 
2,408,854.69 $ 
 
- 
 
213,992.91 951,552.29 
52,510.15 719,343.09 
- 
 
1,655,863.84 $ - 
265,395.94 653,348.98 
22,594.00 620,247.36 
16,377.61 
 
2,148,830.40 $ - 
480,968.56 2,093,172.67 145,969.75 555,705.13 
- 
 
2,269,433.29 - 
332,690.89 1,339,526.18 
1,619.87 343,502.35 
- 
 
$ 
 
4,346,253.13 $ 
 
3,233,827.73 $ 
 
5,424,646.51 $ 
 
4,286,772.58 
 
$ 
 
- $ 
 
139,229.03 
 
462,108.30 
 
- 
 
1,019,768.50 
 
5,908.41 
 
- 
 
1,627,014.24 
 
- $ 27,280.53 677,387.52 11,259.50 878,184.06 
- 
1,594,111.61 
 
- $ 290,474.92 870,669.45 118,909.44 1,193,095.09 
- 
2,473,148.90 
 
4,358.37 243,140.96 55,744.25 664,881.07 
- 
968,124.65 
 
7,203.94 - 
128,689.73 208,622.44 
24,562.12 - 
92,481.03 250,014.73 
63,014.02 228,664.19 1,455,918.66 260,068.03 
- 
 
100.00 
457,083.04 139,676.49 137,840.21 
28,675.26 290,363.42 584,668.24 7.40 - 
 
264,016.24 256,539.81 355,087.67 297,145.32 142,803.60 1,632,062.17 - 
 
452.00 
196,181.53 46,078.60 1,475,432.80 673,862.38 118,567.83 806,262.63 1,810.16 - 
 
2,719,238.89 
 
1,302.06 1,639,716.12 
 
3,842.80 2,951,497.61 
 
3,318,647.93 
 
$ 
 
4,346,253.13 $ 
 
3,233,827.73 $ 
 
5,424,646.51 $ 
 
4,286,772.58 
 
- 25 - 
 
 ADMINISTRATIVE SYSTEM FOR THE TECHNICAL COLLEGE SYSTEM OF GEORGIA SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Departmental Administration Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
60,768,605.21 $ 60,768,605.21 $ 
 
- 
 
10,860,041.52 
 
8,964,598.38 
 
(1,895,443.14) 
 
16,457,590.80 
 
16,406,762.05 
 
(50,828.75) 
 
88,086,237.53 
 
86,139,965.64 
 
(1,946,271.89) 
 
- 
 
- 
 
- 
 
88,086,237.53 
 
275,721.90 86,415,687.54 
 
275,721.90 (1,670,549.99) 
 
10,303,968.90 11,441,607.00 15,399,387.11 50,941,274.52 
 
88,086,237.53 
 
$ 
 
- 
 
9,792,176.53 11,428,603.27 15,399,347.62 39,167,023.47 
75,787,150.89 
10,628,536.65 $ 
 
511,792.37 13,003.73 39.49 
11,774,251.05 
12,299,086.64 
10,628,536.65 
 
275,721.90 167,162.02 
 
789,538.65 (1,025,495.09) 
(167,162.02) (275,721.90) $ 10,392,580.21 
 
SUMMARY OF FUND BALANCE Reserved Federal Financial Assistance State Appropriations Total Reserved Unreserved Surplus 
Total Fund Balance 
 
$ 
 
600.00 
 
10,345,472.00 
 
10,346,072.00 
 
46,508.21 
 
$ 10,392,580.21 
 
- 26 - 
 
 ALBANY TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
11,676,461.69 $ 
 
11,676,461.69 $ 
 
- 
 
4,891,397.91 
 
2,628,898.75 
 
(2,262,499.16) 
 
14,057,004.62 
 
12,191,878.27 
 
(1,865,126.35) 
 
30,624,864.22 
 
26,497,238.71 
 
(4,127,625.51) 
 
- 
 
- 
 
- 
 
30,624,864.22 
 
771,614.14 27,268,852.85 
 
771,614.14 (3,356,011.37) 
 
1,270,579.00 583,232.00 
28,771,053.22 
 
30,624,864.22 
 
$ 
 
- 
 
1,202,826.66 475,364.18 
25,020,241.91 
26,698,432.75 
570,420.10 $ 
 
67,752.34 107,867.82 3,750,811.31 
3,926,431.47 
570,420.10 
 
911,601.18 16,342.58 
 
19,354.31 (286,528.54) 
 
(16,342.58) (771,614.14) 
 
$ 
 
443,232.91 
 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance Refunds to Grantors Live Work Projects Prior Year Local Funds Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
15,347.48 
 
2,001.21 
 
284,044.73 
 
10,191.52 
 
3,946.22 
 
62,247.82 
 
58,000.00 
 
3,348.48 
 
2,499.39 
 
441,626.85 
 
1,606.06 
 
Total Fund Balance 
 
$ 
 
443,232.91 
 
- 27 - 
 
 ATHENS TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
12,379,846.68 $ 
 
12,379,846.68 $ 
 
- 
 
3,849,112.09 
 
3,046,376.92 
 
(802,735.17) 
 
18,702,553.29 
 
16,362,887.22 
 
(2,339,666.07) 
 
34,931,512.06 
 
31,789,110.82 
 
(3,142,401.24) 
 
- 
 
- 
 
- 
 
34,931,512.06 
 
3,465,423.50 35,254,534.32 
 
3,465,423.50 323,022.26 
 
1,454,294.00 345,000.00 
33,132,218.06 
 
34,931,512.06 
 
$ 
 
- 
 
1,256,371.69 307,237.23 
29,530,626.39 
31,094,235.31 
4,160,299.01 $ 
 
197,922.31 37,762.77 
3,601,591.67 
3,837,276.75 
4,160,299.01 
 
3,474,492.50 2,867.28 
 
39,019.19 (1,591.98) 
 
(2,867.28) (3,465,423.50) 
 
$ 
 
4,206,795.22 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Prior Year Local Funds Continuing Education Technology Fees Uncollectible Accounts Receivable Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
164,035.29 
 
10,365.84 
 
183,188.11 
 
148,968.84 
 
2,599,551.84 
 
9,069.00 
 
1,090,566.10 
 
4,205,745.02 
 
1,050.20 
 
Total Fund Balance 
 
$ 
 
4,206,795.22 
 
- 28 - 
 
 ATLANTA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
13,391,276.25 $ 
 
13,391,276.25 $ 
 
5,240,034.98 
 
2,935,686.32 
 
16,659,579.16 
 
15,695,288.42 
 
35,290,890.39 
 
32,022,250.99 
 
- 
 
- 
 
(2,304,348.66) 
(964,290.74) 
(3,268,639.40) 
- 
 
35,290,890.39 
 
2,050,675.45 34,072,926.44 
 
2,050,675.45 (1,217,963.95) 
 
859,700.00 41,000.00 
34,390,190.39 
 
35,290,890.39 
 
$ 
 
- 
 
678,847.46 31,537.80 
30,781,287.24 
31,491,672.50 
2,581,253.94 $ 
 
180,852.54 9,462.20 
3,608,903.15 
3,799,217.89 
2,581,253.94 
 
2,698,542.49 
 
20,387.34 (86,140.73) (2,050,675.45) 
 
$ 
 
3,163,367.59 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
62,630.86 
 
29,908.19 
 
31,102.64 
 
272,783.64 
 
500,266.02 
 
222,928.97 
 
894,606.48 
 
1,138,751.69 
 
3,152,978.49 
 
10,389.10 
 
Total Fund Balance 
 
$ 
 
3,163,367.59 
 
- 29 - 
 
 AUGUSTA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
14,332,907.78 $ 
 
14,332,907.78 $ 
 
3,156,020.80 
 
2,555,312.71 
 
16,004,892.60 
 
14,322,131.56 
 
33,493,821.18 
 
31,210,352.05 
 
- 
 
- 
 
(600,708.09) (1,682,761.04) 
(2,283,469.13) 
- 
 
33,493,821.18 
 
2,205,924.32 33,416,276.37 
 
2,205,924.32 (77,544.81) 
 
1,274,700.00 129,200.00 
32,089,921.18 
 
33,493,821.18 
 
$ 
 
- 
 
1,051,348.41 76,297.86 
29,495,263.06 
30,622,909.33 
2,793,367.04 $ 
 
223,351.59 52,902.14 
2,594,658.12 
2,870,911.85 
2,793,367.04 
 
3,016,617.99 254.32 
 
2,605.20 
 
(254.32) (2,205,924.32) 
 
$ 
 
3,606,665.91 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition Total Reserved 
Unreserved Surplus 
 
$ 
 
122,741.21 
 
119,446.07 
 
192,731.37 
 
129,783.44 
 
748,265.10 
 
2,076,749.14 
 
216,920.82 
 
3,606,637.15 
 
28.76 
 
Total Fund Balance 
 
$ 
 
3,606,665.91 
 
- 30 - 
 
 CENTRAL GEORGIA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
23,913,462.32 $ 
 
23,913,462.32 $ 
 
5,060,982.56 
 
4,872,671.34 
 
28,740,167.75 
 
28,009,233.79 
 
57,714,612.63 
 
56,795,367.45 
 
- 
 
- 
 
(188,311.22) (730,933.96) 
(919,245.18) 
- 
 
57,714,612.63 
 
635,047.90 57,430,415.35 
 
635,047.90 (284,197.28) 
 
3,546,752.46 3,012,183.43 51,155,676.74 
 
57,714,612.63 
 
$ 
 
- 
 
3,533,284.91 2,459,701.89 50,584,529.33 
56,577,516.13 
852,899.22 $ 
 
13,467.55 552,481.54 571,147.41 
1,137,096.50 
852,899.22 
 
766,514.21 
 
568.86 (303.19) (635,047.90) 
 
$ 
 
984,631.20 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Prior Year Local Funds Technology Fees Uncollectible Accounts Receivable Tuition 
Total Fund Balance 
 
$ 
 
556,561.90 
 
38,418.09 
 
109,067.54 
 
10,253.91 
 
131,466.31 
 
138,863.45 
 
$ 
 
984,631.20 
 
- 31 - 
 
 CHATTAHOOCHEE TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
21,504,427.53 $ 
 
2,771,511.00 
 
33,828,379.94 
 
58,104,318.47 
 
- 
 
21,504,427.53 $ 2,512,401.28 
29,410,829.15 
53,427,657.96 
- 
 
(259,109.72) (4,417,550.79) 
(4,676,660.51) 
- 
 
58,104,318.47 
 
4,069,763.55 57,497,421.51 
 
4,069,763.55 (606,896.96) 
 
1,326,747.00 389,665.00 
56,387,906.47 
 
58,104,318.47 
 
$ 
 
- 
 
1,236,740.87 367,284.68 
52,236,356.33 
53,840,381.88 
3,657,039.63 $ 
 
90,006.13 22,380.32 4,151,550.14 
4,263,936.59 
3,657,039.63 
 
4,187,181.07 8,934.68 
 
82,319.42 (328,360.27) 
(8,934.68) 
 
(68,742.27) (4,069,763.55) 
 
$ 
 
3,459,674.03 
 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance Sales and Services Live Work Projects Technology Fees Uncollectible Accounts Receivable Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
155,660.09 
 
251,462.31 
 
77,837.72 
 
1,426,261.87 
 
48,675.25 
 
1,491,778.38 
 
3,451,675.62 
 
7,998.41 
 
Total Fund Balance 
 
$ 
 
3,459,674.03 
 
- 32 - 
 
 COASTAL PINES TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
13,947,718.44 $ 
 
1,299,257.00 
 
10,625,160.15 
 
25,872,135.59 
 
- 
 
13,947,718.44 $ 1,168,453.47 
10,499,164.82 
25,615,336.73 
- 
 
(130,803.53) (125,995.33) 
(256,798.86) 
- 
 
25,872,135.59 
 
3,508,239.12 29,123,575.85 
 
3,508,239.12 3,251,440.26 
 
1,504,305.19 138,587.62 
24,229,242.78 
 
25,872,135.59 
 
$ 
 
- 
 
1,413,183.73 138,587.62 
24,087,885.88 
25,639,657.23 
3,483,918.62 $ 
 
91,121.46 - 
141,356.90 
232,478.36 
3,483,918.62 
 
3,591,172.69 23,552.55 
 
27,396.14 (729.47) 
 
(23,552.55) (3,508,239.12) 
 
$ 
 
3,593,518.86 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Technology Fees Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
350,089.92 
 
312,073.05 
 
1,187,202.90 
 
82,933.57 
 
958,344.95 
 
692,888.97 
 
3,583,533.36 
 
9,985.50 
 
$ 
 
3,593,518.86 
 
- 33 - 
 
 COLUMBUS TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
11,043,181.49 $ 
 
11,043,181.49 $ 
 
1,913,297.98 
 
1,489,376.78 
 
10,943,114.83 
 
10,647,090.82 
 
23,899,594.30 
 
23,179,649.09 
 
- 
 
- 
 
(423,921.20) (296,024.01) 
(719,945.21) 
- 
 
23,899,594.30 
 
3,226,827.05 26,406,476.14 
 
3,226,827.05 2,506,881.84 
 
1,053,400.00 108,250.00 
22,737,944.30 
 
23,899,594.30 
 
$ 
 
- 
 
1,009,412.82 103,979.07 
22,051,587.80 
23,164,979.69 
3,241,496.45 $ 
 
43,987.18 4,270.93 
686,356.50 
734,614.61 
3,241,496.45 
 
3,226,827.05 23,555.15 
 
1,522.05 (977.14) 
 
(23,555.15) (3,226,827.05) 
 
$ 
 
3,242,041.36 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Continuing Education Technology Fees Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
0.02 
 
30.00 
 
149,751.31 
 
105.84 
 
1,575,882.43 
 
802,824.78 
 
711,775.27 
 
3,240,369.65 
 
1,671.71 
 
$ 
 
3,242,041.36 
 
- 34 - 
 
 GEORGIA NORTHWESTERN TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
17,887,514.50 $ 
 
17,887,514.50 $ 
 
- 
 
3,700,083.81 
 
3,077,612.79 
 
(622,471.02) 
 
15,858,262.79 
 
14,523,207.32 
 
(1,335,055.47) 
 
37,445,861.10 
 
35,488,334.61 
 
(1,957,526.49) 
 
- 
 
- 
 
- 
 
37,445,861.10 
 
1,154,160.25 36,642,494.86 
 
1,154,160.25 (803,366.24) 
 
1,500,810.00 222,450.00 
35,722,601.10 
 
37,445,861.10 
 
$ 
 
- 
 
1,275,728.23 190,409.03 
33,839,469.79 
35,305,607.05 
1,336,887.81 $ 
 
225,081.77 32,040.97 
1,883,131.31 
2,140,254.05 
1,336,887.81 
 
1,216,911.12 1,281.31 
 
33,511.40 (35,357.95) 
(1,281.31) 
 
(289.38) (1,154,160.25) 
 
$ 
 
1,397,502.75 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Continuing Education Technology Fees Uncollectible Accounts Receivable Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
25,894.12 
 
45,396.35 
 
47,068.31 
 
232,814.61 
 
69,694.87 
 
962,071.69 
 
1,382,939.95 
 
14,562.80 
 
Total Fund Balance 
 
$ 
 
1,397,502.75 
 
- 35 - 
 
 GEORGIA PIEDMONT TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
20,517,685.94 $ 
 
20,517,685.94 $ 
 
2,943,425.23 
 
2,811,310.70 
 
15,012,725.92 
 
14,671,541.57 
 
38,473,837.09 
 
38,000,538.21 
 
- 
 
- 
 
(132,114.53) (341,184.35) 
(473,298.88) 
- 
 
38,473,837.09 
 
158,036.21 38,158,574.42 
 
158,036.21 (315,262.67) 
 
2,759,464.73 544,663.33 
35,169,709.03 
 
38,473,837.09 
 
$ 
 
- 
 
2,625,908.08 528,561.77 
30,687,294.90 
33,841,764.75 
4,316,809.67 $ 
 
133,556.65 16,101.56 
4,482,414.13 
4,632,072.34 
4,316,809.67 
 
701,287.64 1,830.35 
 
22,874.63 (158,510.30) 
 
(1,830.35) (158,036.21) 
 
$ 
 
4,724,425.43 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Uncollectible Accounts Receivable Inventories Other Reserves Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
170,160.00 
 
17,544.51 
 
8,149.00 
 
1,132,071.87 
 
364,759.00 
 
3,031,162.43 
 
4,723,846.81 
 
578.62 
 
$ 
 
4,724,425.43 
 
- 36 - 
 
 GWINNETT TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
18,319,346.56 $ 
 
18,319,346.56 $ 
 
3,607,874.00 
 
3,521,825.07 
 
33,600,805.91 
 
30,423,577.87 
 
55,528,026.47 
 
52,264,749.50 
 
- 
 
- 
 
(86,048.93) (3,177,228.04) 
(3,263,276.97) 
- 
 
55,528,026.47 
 
4,354,942.81 56,619,692.31 
 
4,354,942.81 1,091,665.84 
 
2,865,699.89 338,662.53 
52,323,664.05 
 
55,528,026.47 
 
$ 
 
- 
 
2,789,791.38 315,050.00 
47,900,010.96 
51,004,852.34 
5,614,839.97 $ 
 
75,908.51 23,612.53 4,423,653.09 
4,523,174.13 
5,614,839.97 
 
4,615,765.24 9,791.77 
 
116,311.82 (177,638.45) 
(9,791.77) 
 
(9,298.87) (4,354,942.81) 
 
$ 
 
5,805,036.90 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Prior Year Local Funds Technology Fees Uncollectible Accounts Receivable Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
87,658.10 
 
520.20 
 
123,770.07 
 
590,863.00 
 
2,867,302.90 
 
170,634.06 
 
1,926,144.89 
 
5,766,893.22 
 
38,143.68 
 
Total Fund Balance 
 
$ 
 
5,805,036.90 
 
- 37 - 
 
 LANIER TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
11,437,235.70 $ 
 
11,437,235.70 $ 
 
2,345,638.66 
 
2,022,079.73 
 
14,268,707.92 
 
12,838,603.06 
 
28,051,582.28 
 
26,297,918.49 
 
- 
 
- 
 
(323,558.93) (1,430,104.86) 
(1,753,663.79) 
- 
 
28,051,582.28 
 
1,170,938.21 27,468,856.70 
 
1,170,938.21 (582,725.58) 
 
2,149,788.73 715,504.60 
25,186,288.95 
 
28,051,582.28 
 
$ 
 
- 
 
1,801,843.16 561,159.50 
24,341,390.69 
26,704,393.35 
764,463.35 $ 
 
347,945.57 154,345.10 844,898.26 
1,347,188.93 
764,463.35 
 
1,197,176.44 10,175.61 
 
2,492.49 (125,096.25) 
 
(10,175.61) (1,170,938.21) 
 
$ 
 
668,097.82 
 
SUMMARY OF FUND BALANCE 
Reserved Local Grants and Contracts Sales and Services Live Work Projects Prior Year Local Funds Continuing Education Bookstore Tuition Other Reserves Total Reserved 
Unreserved Surplus 
 
$ 
 
4,000.00 
 
465,830.27 
 
54,752.41 
 
6,625.74 
 
50,684.54 
 
33,840.61 
 
31,218.61 
 
1,137.01 
 
648,089.19 
 
20,008.63 
 
Total Fund Balance 
 
$ 
 
668,097.82 
 
- 38 - 
 
 NORTH GEORGIA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
10,212,601.15 $ 
 
10,212,601.15 $ 
 
1,808,899.70 
 
1,233,395.29 
 
11,043,943.58 
 
10,252,792.86 
 
23,065,444.43 
 
21,698,789.30 
 
- 
 
- 
 
(575,504.41) (791,150.72) 
(1,366,655.13) 
- 
 
23,065,444.43 
 
2,243,263.43 23,942,052.73 
 
2,243,263.43 876,608.30 
 
852,200.00 186,709.00 22,026,535.43 
 
23,065,444.43 
 
$ 
 
- 
 
794,675.86 176,413.00 21,305,211.07 
22,276,299.93 
1,665,752.80 $ 
 
57,524.14 10,296.00 721,324.36 
789,144.50 
1,665,752.80 
 
2,437,595.87 20,763.35 
 
6,491.51 (7,716.40) 
 
(20,763.35) (2,243,263.43) 
 
$ 
 
1,858,860.35 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
55,632.55 
 
212,785.77 
 
115,895.28 
 
30,266.30 
 
418,510.28 
 
41,248.56 
 
151,771.39 
 
632,659.01 
 
197,365.79 
 
1,856,134.93 
 
2,725.42 
 
Total Fund Balance 
 
$ 
 
1,858,860.35 
 
- 39 - 
 
 OGEECHEE TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
8,537,129.37 $ 
 
728,587.00 
 
8,265,625.32 
 
17,531,341.69 
 
- 
 
8,537,129.37 $ 714,350.17 
8,340,243.84 
17,591,723.38 
- 
 
(14,236.83) 74,618.52 
60,381.69 
- 
 
17,531,341.69 
 
2,081,991.43 19,673,714.81 
 
2,081,991.43 2,142,373.12 
 
451,085.00 220,010.00 16,860,246.69 
 
17,531,341.69 
 
$ 
 
- 
 
446,197.26 220,007.50 16,798,864.67 
17,465,069.43 
2,208,645.38 $ 
 
4,887.74 2.50 
61,382.02 
66,272.26 
2,208,645.38 
 
2,481,352.50 3,286.63 
 
(18,958.05) 
 
(3,286.63) (2,081,991.43) 
 
$ 
 
2,589,048.40 
 
SUMMARY OF FUND BALANCE 
Reserved Live Work Projects Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
47,120.59 
 
561.80 
 
850,268.51 
 
207,242.24 
 
190,970.83 
 
679,983.09 
 
612,866.62 
 
2,589,013.68 
 
34.72 
 
Total Fund Balance 
 
$ 
 
2,589,048.40 
 
- 40 - 
 
 OCONEE FALL LINE TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
9,530,134.93 $ 
 
2,394,196.83 
 
7,678,637.11 
 
19,602,968.87 
 
- 
 
9,530,134.93 $ 2,023,056.13 5,961,755.85 
17,514,946.91 
- 
 
(371,140.70) (1,716,881.26) 
(2,088,021.96) 
- 
 
19,602,968.87 
 
1,444,294.88 18,959,241.79 
 
1,444,294.88 (643,727.08) 
 
1,092,200.00 545,862.00 
17,964,906.87 
 
19,602,968.87 
 
$ 
 
- 
 
960,853.75 509,644.57 16,809,465.16 
18,279,963.48 
679,278.31 $ 
 
131,346.25 36,217.43 
1,155,441.71 
1,323,005.39 
679,278.31 
 
1,733,027.04 11,464.72 
 
6,932.44 (72,863.01) 
(11,464.72) 
 
(265.24) (1,444,294.88) 
 
$ 
 
901,814.66 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Technology Fees Uncollectible Accounts Receivable Inventories Bookstore 
Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
0.04 
 
201,137.90 
 
58,376.13 
 
192,042.38 
 
3,900.00 
 
284,832.16 
 
157,690.08 
 
897,978.69 
 
3,835.97 
 
$ 
 
901,814.66 
 
- 41 - 
 
 SAVANNAH TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
14,039,202.73 $ 
 
5,716,291.35 
 
18,271,346.30 
 
38,026,840.38 
 
- 
 
14,039,202.73 $ 4,554,124.06 
14,827,817.60 
33,421,144.39 
- 
 
(1,162,167.29) (3,443,528.70) 
(4,605,695.99) 
- 
 
38,026,840.38 
 
2,656,007.44 36,077,151.83 
 
2,656,007.44 (1,949,688.55) 
 
1,628,710.69 220,000.00 
36,178,129.69 
 
38,026,840.38 
 
$ 
 
- 
 
1,521,621.79 151,516.13 
30,251,737.35 
31,924,875.27 
4,152,276.56 $ 
 
107,088.90 68,483.87 
5,926,392.34 
6,101,965.11 
4,152,276.56 
 
3,020,044.92 6,100.36 
 
(20,366.09) (403,911.98) 
(6,100.36) 
 
(21,235.48) (2,656,007.44) 
 
$ 
 
4,070,800.49 
 
SUMMARY OF FUND BALANCE 
Reserved Sales and Services Live Work Projects Prior Year Local Funds Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
127,132.52 
 
105,913.78 
 
265,000.00 
 
262,387.55 
 
211,629.24 
 
152,408.24 
 
2,118,516.04 
 
822,898.44 
 
4,065,885.81 
 
4,914.68 
 
Total Fund Balance 
 
$ 
 
4,070,800.49 
 
- 42 - 
 
 SOUTHEASTERN TECHNCIAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
9,026,756.49 $ 
 
837,122.00 
 
7,223,025.60 
 
17,086,904.09 
 
- 
 
9,026,756.49 $ 774,492.44 
6,697,285.07 
16,498,534.00 
- 
 
(62,629.56) (525,740.53) 
(588,370.09) 
- 
 
17,086,904.09 
 
1,616,185.80 18,114,719.80 
 
1,616,185.80 1,027,815.71 
 
795,200.00 197,200.00 16,094,504.09 
 
17,086,904.09 
 
$ 
 
- 
 
728,352.41 194,306.65 15,685,532.38 
16,608,191.44 
1,506,528.36 $ 
 
66,847.59 2,893.35 
408,971.71 
478,712.65 
1,506,528.36 
 
1,822,155.11 3,050.02 
 
12,624.77 (3,050.02) 
 
(1,558.11) (1,616,185.80) 
 
$ 
 
1,723,564.33 
 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance Sales and Services Live Work Projects Technology Fees Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
 
$ 
 
635.32 
 
1,940.99 
 
60,452.94 
 
536,713.13 
 
205,969.31 
 
531,217.89 
 
371,578.55 
 
1,708,508.13 
 
15,056.20 
 
Total Fund Balance 
 
$ 
 
1,723,564.33 
 
- 43 - 
 
 SOUTH GEORGIA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Refunds to Grantors Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
9,600,874.58 $ 
 
1,607,861.92 
 
9,342,371.09 
 
20,551,107.59 
 
- 
 
20,551,107.59 
 
876,000.00 90,000.00 
19,585,107.59 
 
20,551,107.59 
 
$ 
 
- 
 
$ 
 
9,600,874.58 $ 1,473,992.68 8,019,910.96 
19,094,778.22 
- 
 
(133,869.24) (1,322,460.13) 
(1,456,329.37) 
- 
 
1,047,822.94 20,142,601.16 
 
1,047,822.94 (408,506.43) 
 
795,409.17 64,020.61 
18,006,558.87 
18,865,988.65 
1,276,612.51 $ 
 
80,590.83 25,979.39 1,578,548.72 
1,685,118.94 
1,276,612.51 
 
1,143,196.98 225.54 
 
(36,951.99) (167,214.92) 
(225.54) 
 
(12,212.28) (1,047,822.94) 
1,155,607.36 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore 
Total Reserved 
Unreserved Surplus 
 
$ 
 
58,552.63 
 
625,447.10 
 
89,549.25 
 
62,524.37 
 
80,185.83 
 
35,395.05 
 
50,455.45 
 
149,188.71 
 
1,151,298.39 
 
4,308.97 
 
Total Fund Balance 
 
$ 
 
1,155,607.36 
 
- 44 - 
 
 SOUTHERN CRESCENT TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
14,137,057.98 $ 
 
14,137,057.98 $ 
 
1,931,370.62 
 
1,685,744.52 
 
19,476,205.16 
 
16,441,820.65 
 
35,544,633.76 
 
32,264,623.15 
 
- 
 
- 
 
(245,626.10) (3,034,384.51) 
(3,280,010.61) 
- 
 
35,544,633.76 
 
2,505,883.40 34,770,506.55 
 
2,505,883.40 (774,127.21) 
 
1,399,400.00 366,000.00 
33,779,233.76 
 
35,544,633.76 
 
$ 
 
- 
 
1,197,645.64 230,959.14 
30,860,237.17 
32,288,841.95 
2,481,664.60 $ 
 
201,754.36 135,040.86 2,918,996.59 
3,255,791.81 
2,481,664.60 
 
2,797,561.61 434.85 
 
6,171.11 (60,275.03) 
 
(434.85) (2,505,883.40) 
 
$ 
 
2,719,238.89 
 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance Sales and Services Live Work Projects Prior Year Local Funds Continuing Education Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Fund Balance 
 
$ 
 
7,203.94 
 
128,689.73 
 
208,622.44 
 
24,562.12 
 
92,481.03 
 
250,014.73 
 
63,014.02 
 
228,664.19 
 
1,455,918.66 
 
260,068.03 
 
$ 
 
2,719,238.89 
 
- 45 - 
 
 SOUTHERN REGIONAL TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
16,303,767.71 $ 
 
16,303,767.71 $ 
 
3,094,289.00 
 
2,326,369.88 
 
14,521,921.59 
 
12,818,306.60 
 
33,919,978.30 
 
31,448,444.19 
 
- 
 
- 
 
(767,919.12) (1,703,614.99) 
(2,471,534.11) 
- 
 
33,919,978.30 
 
1,434,274.02 32,882,718.21 
 
1,434,274.02 (1,037,260.09) 
 
1,674,506.00 109,415.37 
32,136,056.93 
 
33,919,978.30 
 
$ 
 
- 
 
1,538,364.58 32,053.44 
29,794,815.28 
31,365,233.30 
1,517,484.91 $ 
 
136,141.42 77,361.93 
2,341,241.65 
2,554,745.00 
1,517,484.91 
 
1,724,700.44 964.51 
 
20,206.89 (188,402.10) 
 
(964.51) (1,434,274.02) 
 
$ 
 
1,639,716.12 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Sales and Services Live Work Projects Prior Year Local Funds Technology Fees Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
100.00 
 
457,083.04 
 
139,676.49 
 
137,840.21 
 
28,675.26 
 
290,363.42 
 
584,668.24 
 
7.40 
 
1,638,414.06 
 
1,302.06 
 
$ 
 
1,639,716.12 
 
- 46 - 
 
 WEST GEORGIA TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved Unreserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Unreserved Fund Balance (Surplus) Returned 
From the Technical Colleges Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
19,440,827.47 $ 
 
19,440,827.47 $ 
 
- 
 
2,747,204.00 
 
2,499,769.18 
 
(247,434.82) 
 
23,032,868.15 
 
21,284,028.81 
 
(1,748,839.34) 
 
45,220,899.62 
 
43,224,625.46 
 
(1,996,274.16) 
 
- 
 
- 
 
- 
 
45,220,899.62 
 
1,819,541.92 45,044,167.38 
 
1,819,541.92 (176,732.24) 
 
1,843,800.06 823,570.84 
42,553,528.72 
 
45,220,899.62 
 
$ 
 
- 
 
1,765,554.89 823,570.84 
40,066,584.98 
42,655,710.71 
2,388,456.67 $ 
 
78,245.17 - 
2,486,943.74 
2,565,188.91 
2,388,456.67 
 
2,495,458.69 2,311.88 
 
514.81 (113,390.64) 
 
(2,311.88) (1,819,541.92) 
 
$ 
 
2,951,497.61 
 
SUMMARY OF FUND BALANCE 
Reserved Live Work Projects Technology Fees Uncollectible Accounts Receivable Inventories Bookstore Tuition 
Total Reserved 
Unreserved Surplus 
Total Fund Balance 
 
$ 
 
264,016.24 
 
256,539.81 
 
355,087.67 
 
297,145.32 
 
142,803.60 
 
1,632,062.17 
 
2,947,654.81 
 
3,842.80 
 
$ 
 
2,951,497.61 
 
- 47 - 
 
 WIREGRASS TECHNICAL COLLEGE SUMMARY BUDGET COMPARISON AND SURPLUS ANALYSIS REPORT (NON-GAAP BASIS) 
BUDGET FUND YEAR ENDED JUNE 30, 2018 
 
REVENUES 
State Appropriation State General Funds 
Federal Funds Other Funds 
Total Revenues 
ADJUSTMENTS AND PROGRAM TRANSFERS 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
Total Funds Available 
EXPENDITURES 
Adult Literacy Economic Development Technical Education 
Total Expenditures 
Excess of Funds Available over Expenditures 
FUND BALANCE JULY 1 
Reserved 
ADJUSTMENTS 
Prior Year Payables/Expenditures Prior Year Receivables/Revenues Refunds to Grantors 
Federal Financial Assistance Returned to Technical College System of Georgia Year Ended June 30, 2017 
Prior Year Reserved Fund Balance Included in Funds Available 
FUND BALANCE JUNE 30 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 
 
13,648,279.50 $ 
 
13,648,279.50 $ 
 
- 
 
3,559,669.00 
 
2,991,306.67 
 
(568,362.33) 
 
18,201,279.96 
 
16,850,922.28 
 
(1,350,357.68) 
 
35,409,228.46 
 
33,490,508.45 
 
(1,918,720.01) 
 
- 
 
- 
 
- 
 
35,409,228.46 
 
3,580,625.50 37,071,133.95 
 
3,580,625.50 1,661,905.49 
 
1,366,200.00 93,005.00 
33,950,023.46 
 
35,409,228.46 
 
$ 
 
- 
 
1,309,937.19 81,157.79 
32,353,544.77 
33,744,639.75 
3,326,494.20 $ 
 
56,262.81 11,847.21 1,596,478.69 
1,664,588.71 
3,326,494.20 
 
3,700,185.02 
 
(109,231.49) (16,652.15) 
 
(1,522.15) (3,580,625.50) 
 
$ 
 
3,318,647.93 
 
SUMMARY OF FUND BALANCE 
Reserved Refunds to Grantors Live Work Projects Prior Year Local Funds Continuing Education Technology Fees Inventories Bookstore Tuition 
Total Fund Balance 
 
$ 
 
452.00 
 
196,181.53 
 
46,078.60 
 
1,475,432.80 
 
673,862.38 
 
118,567.83 
 
806,262.63 
 
1,810.16 
 
$ 
 
3,318,647.93 
 
- 48 -