Report of the State Auditor of Georgia, year ended June 30, 1986

1 Received
REPORT OF THE Him l2 7987
STATE AUDITOR
OF
GEORGIA t
YEAR ENDED JUNE 3
1986

REPORT
OF THE
STATE AUDITOR
OF
GEORGIA
YEAR ENDED JUNE 30
1986 Received
MAR 12 1987
RS

3
GW HOGAN
STATE AUDITOR
404 6562174
ADMINISTRATION AND
TAX RATIO
404 6567206
270 WASHINGTON STREET
ROOM 207
Atlanta Scorgin 30334
December 31 1986
FINANCIAL AUDITS
404 6562180
PERFORMANCE MEDICAID AND
LOCAL GOVERNMENT AUDITS
404 6562006
To the General Assembly of Georgia
Greetings
The annual report of this office summarizing the audit reports of all State
agencies and units of the University System of Georgia is submitted to the
public in this and in three supplemental volumes for the fiscal year ended
June 30 1986
Section I of this volume shows the Combined Balance Sheet of all State
agencies and units of the University System of Georgia and the Combined
Statement of Changes in Fund Balances for all governmental fund types of all
State agencies and current funds and unexpended plant funds of all units of the
University System of Georgia Section II of this volume reports the financial
operations of State governmental units and Section III thereof reports the
financial operations of units of the University System of Georgia
One supplement lists the personnel of State agencies and the amount paid to
each in the year for services travel expense and reimbursed expenses the
second supplement lists personnel of the University System of Georgia and the
amount paid to each in the year for services and for travel expense and the
third supplement lists by State agency board commission authority retirement
system and units of the University System of Georgia professional fees and
reimbursable expenses paid and to whom such payments were made
The undersigned State Auditor continues the policy of requiring a firm of
Georgia Certified Accountants to audit any accounts that the State Auditor is
required by law to administer or to have any part in the administration of such
as the Department of Audits funds and all the funds of the various boards and
authorities on which the State Auditor by law is required to serve as a board
member
Unit reports of all State agencies and units of the University System of
Georgia with fuller detail and analysis are on file in this office and are open
to public inspection
Respectfully
TABLE OF CONTENTS
COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES OF
ALL STATE AGENCIES AND CURRENT FUNDS AND UNEXPENDED PLANT FUNDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
SECTION II
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
FINDINGS AND IMPROPER OR QUESTIONED COSTS
STATE REVENUE RECEIPTS
Summary of State Revenue Receipts
Detail of State Revenue Receipts by Class
STATISTICS
State Revenue Receipts
Distribution of Revenue Receipts by Purpose
Distribution of Revenue Receipts by Object
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS GENERAL FUND
Balance Sheet
Statement of Changes in Fund Balance
Statement of Funds Available and Expenditures
Analysis of Appropriation Allotments
BALANCE SHEET BUDGET FUNDS ALL STATE SPENDING UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
BALANCE SHEET BUDGET FUNDS BY SPENDING UNITS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUNDS ALL STATE SPENDING UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUNDS BY SPENDING UNITS
STATE REVENUE COLLECTIONS FUND
Statement of Cash Receipts and Disbursements by State Units
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
Combined Balance Sheet Fund Type and Account Group
Statement of Cash Receipts and Disbursements Debt Service Fund
OLD STATE FIXED DEBT
SCHEDULE OF GENERAL OBLIGATION BONDS FOR THE PAYMENT OF WHICH THE STATE OF
GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE IS PLEDGED
SCHEDULE OF VARIOUS AUTHORITY BONDS OUTSTANDING FOR THE PAYMENT OF WHICH THE
STATE OF GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE IS PLEDGED
GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
Combined Balance Sheet Fund Type and Account Group
Statement of Cash Receipts and Disbursements
PUBLIC TRUST FUNDS
Balance Sheet by State Units
PRIVATE TRUST AND AGENCY FUNDS
Balance Sheet by State Units
22
26
32
44
45
53
54
56
58
59
61
62
67
70
74
78
99
100
116
117
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED BALANCE SHEET OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA

wmZZZTSTJaam
TABLE OF CONTENTS
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
FINDINGS AND IMPROPER OR QUESTIONED COSTS
BALANCE SHEET BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA BY FUNDS
Resident Instruction Fund
Other Organized Activities
Restricted Funds
Auxiliary Enterprises
Public Trust Funds Loan Funds
Public Trust Funds Endowment Funds
Unexpended Plant Fund
Expended Plant Fund
Agency Funds Student Activities
Agency Funds Private Trust
Page
140
144
150
152
155
156
158
159
160
162
164
166

COMBINED BALANCE SHEET ALL FUND TYPES AMD ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1986COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1986
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expense
Land and Buildings
Amount Available in Debt Service Fund
Amount to be Provided for Retirement of
General LongTerra Debt
GOVERNMENTAL FUND TYPES
126088503914 S 21122192360
2278725185
124161781609
1483637650
104018645261
49313462
STATE
REVENUE DEBT
COLLECTIONS SERVICE
1263290043
454814530
CAPITAL
PROJECTS
40979644971
Total Assets
128367229099 250835570342
1263290043
454814530 4097964497
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Vouchers Payable
Due to Other Funds
State Bonds and Certificates of 1838
1879 and 1940
General Obligation Bonds Payable
Total Liabilities
Fund Equity
Investment in General Fixed Assets
Fund Balances
Reserved
Designated for 1987 Appropriation to
Department of Transportation
Designated for 1987 Appropriation to
Peace Officer and Prosecutor
Training Fund
Midyear Adjustment Reserve
Revenue Shortfall Reserve
Federal Funds Matching Funds and
Other
State Revenue Collections Unfunded
Debt Service Funds
Capital Projects
Resident Instruction Fund Other
Organized Activities and Auxiliary
Enterprises
Public Trust Funds
Private Trust and Agency Funds
Unreserved
Designated for Subsequent Years1
Expenditures
Surplus
Total Fund Equity
1039388
144498444605
31597 2278725185
103938881597 146777169790
866999264
5020725086
15062175259
104058400552
3478447893
24428347502 104058400552
1263290043
1263290043
19271270
1560500
1560500 19271270
453254030
40960373701
453254030 40960373701
Total Liabilities and Fund Equity 128367229099 250835570342
1263290043
454814530 40979644971
The accompanying notes are an integral part of these financial statementsCOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1986
ACCOUNT GROUPS UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 13721469248 TOTAL CMemorandum
FIDUCIARY FUND TYPES GENERAL GENERAL FIXED LONGTERM ASSETS DEBT S
PUBLIC PRIVATE TRUST Only
TRUST AND AGENCY 1986 311127869969 1985
74868049056 73609550818 131256002069
674679539306 5060360177 720719544454 729260470876
11277829007 2935496 6809506873 142252052985 148587017458
1725969295 3209606945 106297370446 2967202947 76123810899
63875891 113189353 77617282
s 170039243040 162899643910 332938886950 282411342771
4532540 30 453254030 4933316714
1426112459 70 142611245970 118382683286
760825417369 S 73612486314 S 170039243040 S 143064500000 190280825394 1759723021102 1493999464302
14371198436
14371198436 S
601264503
143064500000
10381453893
79763664
19271270
169852361437
106297370446
1560500
143064500000
3471958880
134531192261
76123810899
1560500
123316000000
143064500000 10461217557 419235063653 337444522540
170039243040
162899643910 3329388
50 S 282411342771
288507565
45603116
866999264
5020725086
15062175259
104058400552
1263290043
453254030
41005976817
770396262
4607813413
13823440239
92931823050
638042728
4933316714
46542667855
746454218933
73011221811
3836218045
8247679553
727598772
3836218045
754701898486
73738820583
5786824988
635601754271
44798219648
746454218933 S 73011221811 170039243040
4062864441
4062864441
3478447893
3692803655
19727988603
179819607837 1340487957449 1156554941762
760825417369 73612486314 170039243040 143064500000 190280825394 1759723021102 1493999464302COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES OF ALL STATE AGENCIES
CURRENT FUNDS AND UNEXPENDED PLANT FUNDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1986COMBINED STATEMENT OF CHANGES IS FUND BALANCES
ALL GOVERNMENTAL FUND TYPES OF ALL STATE AGENCIES
AND
CURRENT FUNDS AND UNEXPENDED PLANT FUNDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1986
FUND BALANCES JULY 1 1985
Reserved
Unreserved
Designated for Subsequent Years
Surplus
Expenditures
Due from Other Funds
Surplus
Units of the University System of Georgia
Adjustments to Prior Years Receivables Payables
Revenues and Expenditures
Excess of Funds Available over Expenditures
DEDUCTIONS
Due to Other Funds
Surplus
Budget Fund
Unreserved Fund Balance Surplus
Returned to General Fund
Fund Balance Carried Over from
Prior Year as Funds Available
GENERAL
BUDGET
STATE
REVENUE
COLLECTIONS
S 19490157479 S 92931823050 638042728
19727988603
39218146082 92931823050 638042728
2278725185
79763664
4988162221
22149622317 100983704781 1263290043
24428347502 106051630666 1263290043
2278725185
39218146082
619424059
92026903920
638042728
39218146082 94925053164 638042728
FUND BALANCES JUNE 30 1986
S 24428347502 104058400552 1263290043
The accompanying notes are an integral part of these financial statementsCOMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FOND TYPES OF ALL STATE AGENCIES
AND
CURRENT FUNDS AND UNEXPENDED PLANT FONDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1986
DEBT
SERVICE
CAPITAL
PROJECTS
UNITS OF THE
UNIVERSITY SYSTEM
OF GEORGIA
TOTALS
Memorandum Only
4933316714 46505902051 5823590792 170322832814 101080495246
3380774850
3380774850
19727988603
3215544323
000
4933316714 46505902051 9204365642 S 193431596267 104296039569
453254030
S 453254030
40960373701
40960373701 S
2242049878
6049532517
2278725185
79763664
2746112343
171859777389
1761610707
60432751
20347663646
168160616392
3807482639 176964378581 190330323496
4933316714
46505902051
4933316714 46505902051
79763664
5252607242
2278725185
79763664
619424059
188574918737
1761610707
60432751
31774281
99340949059
5332370906 191552831645 101194766798
453254030
40960373701
7679477375 178843143203 S 193431596267
SECTION II
REPORT OF THE STATE AUDITOR OF GEORGIA
ALL STATE AGENCIES
EXCLUDING UNITS OF THE UNIVERSITY SYSTEMCOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
JUNE 30 1986yrawi
COMBINED BALANCE SHEET ALL FUND TYPES AHD ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
JUNE 30 1986
GOVERNMENTAL FUND TYPES
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expense
Land and Buildings
Amount Available in Debt Service Fund
Amount to be Provided for Retirement of
General LongTerm Debt
GENERAL BUDGET
126088503914 21122192360
124161781609
1483637650
2198961521 103938881597
49313462
STATE
REVENUE
COLLECTIONS
1263290043
DEBT
SERVICE
454814530
Total Assets
128287465435 250755806678 1263290043
454814530
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Vouchers Payable
Due to Other Funds
State Bonds and Certificates of 1838 1879 and 1940
General Obligation Bonds Payable
Total Liabilities
Fund Equity
Investment in General Fixed Assets
Fund Balances
Reserved
Designated for 1987 Appropriation to
Department of Transportation
Designated for 1987 Appropriation to
Peace Officer and Prosecutor Training Fund
Midyear Adjustment Reserve
Revenue Shortfall Reserve
Federal Funds Matching Funds and Other
State Revenue Collections Unfunded
Debt Service Fund
Capital Projects
Public Trust Funds
Private Trust and Agency Funds
Unreserved
Surplus
Total Fund Equity
5 144498444605
103938881597 2198961521
103938881597 146697406126
000
866999264
5020725086
15062175259
104058400552
3398684229
1263290043
453254030
24348583838 104058400552 1263290043 453254030
Total Liabilities and Fund Equity 128287465435 250755806678 1263290043
The accompanying notes are an integral part of these financial statements
454814530COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
JUNE 30 1986
ACCOUNT GROUPS
CAPITAL
PROJECTS
40979644971
FIDUCIARY FUND TYPES GENERAL
PUBLIC PRIVATE TRUST FIXED
TRUST AND AGENCY ASSETS
74868049056 736095508 18
674679539306
11277829007 29354 96
170039243040
GENERAL LONGTERM TOTALS Memorandum Only
DEBT 1986 297406400721 1985
119654547347
715659184277 724290157752
135442546112 141963946967
1483637650 1402242902
106137843118 76002945397
49313462 57097904
170039243040 133282570797
453254030 453254030 4933316714
142611245970 142611245970 118382683286
25417369 73612486314 170039243040 143064500000 1569282668380 1319969509066
19271270
14371198436 601264503
19271270 14371198436 S601264503
170039243040
19271270 3471958880
159470907544 127927090668
106137843118 76002945397
1560500 1560500
143064500000 143064500000 123316000000
143064500000 S 408694082432 330719555445
S 170039243040 133282570797
000
288507565
40960373701
746454218933
73011221811
866999264
5020725086
15062175259
104058400552
1263290043
453254030
40960373701
746454218933
73011221811
3398684229
770396262
4607813413
13823440239
92931823050
638042728
4933316714
46505902051
627777647524
44022937426
19667555852
40960373701 746454218933 73011221811 170039243040
S 1160588585948 989249953621
40979644971 760825417369 73612486314 170039243040 143064500000 S 1569282668380 1319969509066COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING DNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 1986COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
91
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 1986
FUND BALANCES JULY 1 1985
Reserved
Unreserved
Surplus
19490157479 92931823050
19667555852
39157713331 92931823050
Due from Other Funds
Surplus
Adjustments to Prior Years Receivables Payables
Revenues and Expenditures
Excess of Funds Available over Expenditures
DEDUCTIONS
Due to Other Funds
Surplus
Unreserved Fund Balance Surplus
Returned to General Fund
Fund Balances Carried Over from
Prior Year as Funds Available
2198961521
4988162221
22149622317 100983704781
24348583838 105971867002
2198961521
619424059
39157713331 92026903920
39157713331 94845289500
FUND BALANCES JUNE 30 1986
24348583838 S 104058400552
The accompanying notes are an integral part of these financial statementsCOMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 1986
STATE
REVENUE DEBT CAPITAL
COLLECTIONS SERVICE PROJECTS
TOTALS
Memorandum Only
638042728 4933316714 46505902051 164499242022 95947262284
19667555852
638042728 4933316714 46505902051 184166797874 95947262284
S 2198961521 1701177956
4988162221 20030785410
1263290043 453254030 40960373701 165810244872 162774402931
S 1263290043 453254030 40960373701 172997368614 184506366297
2198961521 1701177956
619424059 31774281
638042728 4933316714 46505902051 183261878744 94553878470
638042728 4933316714 46505902051 186080264324 96286830707
1263290043 453254030 40960373701 S 171083902164 184166797874COMBINED STATEMENT OF REVENUES EXPENDITURES ASP TRANSFERS
ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 19COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
91
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 1986
Taxes Fines and Forfeits
Grants from U S Government
Donations for Operations
Rents on Investment Properties
Interest Earned
Contributions from Public Trust Funds
Operating Earnings from Fees Rents and
Sales for Services
Total State Revenue Receipts
EXPENDITURES
6060138839
S 1195183 196949104563
4579019
1438275723
555469506
70989261570
1195183 275996829220
Current
Personal Services
Regular Operating Expenses
Benefits
Grants
Other
Travel
Motor Vehicle Equipment Purchases
Publications and Printing
Equipment Purchases
Computer Charges
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Capital Outlay
Authority Lease Rentals
General Obligation Debt Sinking Fund
Debt Service
Bonds Redeemed
Bonds Refunded
Interest and Fiscal Charges
Total Governmental Costs
EXCESS DEFICIENCY OF REVENUES OVER EXPENDITURES
OTHER FINANCING SOURCES USES
CarryOver from Prior Years
Fund Balances
Prior Years Unreserved Fund Balance Surplus Lapsed
Appropriations from General Fund to Budget Fund
Transfers from State Revenue Collections Fund to General Fund
Proceeds of General Obligation Bonds
Issuance Costs and Discount of Bonds Issued
Good Faith Deposit on Unissued Bonds
Good Faith Deposit Received in Prior Year
Operating Transfers
From Other Funds
To Other Funds
Transfers to Various Authorities for
Advance Retirement of Bonds and Defeasance of Bonds
Total Other Financing Sources Uses
000 116601192029
1128
3434
466
17
14
11
31
63
29
51
479
747
33
190
73758669
66592012
79586059
84526088
98976989
54162592
58687344
62245621
88669584
46363171
27221227
64530514
86240426
48994934
S000 786841747259
1195183 S 510844918039
39157713331 S 92026903920
619424059
519701218900 519701218900
502072508644
100500000
22148427134 611828622820
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
22149622317 100983704781
The accompanying notes are an integral part of these financial statementsCOMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM
YEAR ENDED JUNE 30 1986
STATE
REVENUE DEBT
COLLECTIONS SERVICE
CAPITAL
PROJECTS
TOTALS
Memorandum Only
484908777565
600102717
9177312217
8011563460
502697755959
840605938
40605938
490968916404 45223666438
5774849147
195501219
196950299746
4579019
600102717
17231043025
555469506
80955837228
202304454786
10711265
453390202
13168616899
519390613
76839271046
7729861345 787266247645 745532499200
116601192029 103871931387
000
502697755959
112873758669 105451368278
343466592012 282718254084
s 600 304 54 46739616513 1784526088 1498976989 1154162592 3158687344 6362245621 2988669584 5146363171 41277616379 1644142110 1323182635 991466686 2780190998 5557430232 2760852808 4820980030
4 41 735 71 48374394798 39891697454
363 094 985 02 111074029016 92881127217
190 489 94934 3386240426 000 4758176307 000
173 356 930 325 00000 00000 17393000000 35632500000 11230000000 000
191 569 334 69402 74468 19156969402 876791924254 89525676609 9240420000
531 368 290 167 868 025 411 27 82 711198836605
522 928 68530 34333662595
638042728
502072508644
4933316714 S 46505902051
501434465916
44157500000
646547973
4301853819
28616500000
361330000
4402353819
311503349
183261878744
619424059
000
000
72774000000
646547973
000
361330000
4402353819
4402353819
311503349
94553878470
31774281
000
000
34642000000
000
361330000
276740000
2612726057
2612726057
871502415
52746122560 70047214883 255335921481 128440740336
1263290043
453254030 40960373701 165810244872 S 162774402931
23ALL STATE AGENCIES EXCLODING ONUS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTSALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING
The State of Georgia maintains the General Fund the Budget Fund and the Public Trust Funds in accordance with a comprehensive basis of
accounting called the Modified Accrual Basis This basis of accounting is defined as that method of accounting in which expenditures other than
accrued interest on general longterra debt are recorded at the time the liabilities are incurred and revenues are recorded when received in cash
except for material or available revenues which should be accrued to reflect properly the taxes levied and the revenues earned
The State Revenue Collections Fund the Debt Service Fund the Capital Projects Fund and the Private Trust and Agency Funds are maintained
on the cash basis of accounting This basis of accounting is defined as that method of accounting in which certain revenues and the related
assets are recognized when received rather than when earned and certain expenses are recognized when paid rather than when the obligation is
incurred
DESCRIPTION OF FUNDS
GOVERNMENTAL FUND TYPES
GENERAL FUND
The General Fund is used to account for all State revenue collections remitted to the Department of Administrative Services Fiscal Division
and the interest received revenue funds paid out and transfers to the various State Agencies for operational costs in the fiscal year
BUDGET FUND
The Budget Fund is a consolidation of the Budget Funds of the various units of State government These funds account for the operations and
activities of the various State Agencies Boards and Commissions under the terms of Act No 791 of Georgia Laws 1986 as approved
February 27 1986 by the General Assembly of Georgia which is referred to in this report as the Amended Appropriations Act of 19851986
STATE REVENUE COLLECTIONS FUND
The State Revenue Collections Fund is a consolidation of the State Revenue Collections Funds of the various collecting units of State
government These funds account for the collection of various taxes fines and forfeits fees rents interest earned and sales of services as
required by State law Revenues collected by the various collecting units are remitted to the General Fund Unremitted funds at the end of the
fiscal year will be remitted in the subsequent period
DEBT SERVICE FUND
The Debt Service Fund accounts for the accumulation of resources and the subsequent disbursement of such resources to pay principal and
interest on the longterm debt of the State resulting from the issuance of General Obligation bonds Longterm debt of the State resulting from
the issuance of various Authority bonds is funded through lease agreements between various governmental agencies and the various authorities and
the accountability of the resources and the payment of principal and interest of this debt are with the various issuing authorities
CAPITAL PROJECTS FUND
The Capital Projects Fund accounts for the accumulation of resources and the subsequent disbursement of such resources for capital outlay
projects by the Georgia State Financing and Investment Commission
FIDUCIARY FUND TYPES
PUBLIC TRUST FUNDS
The Public Trust Funds account for activities in which the State acts as a trustee for an individual an organization or employee groups
The costs of administering certain trust funds are funded from available resources through transfers to the Budget Fund of the spending unit
administering the trust
PRIVATE TRUST AND AGENCY FUNDS
The Private Trust and Agency Funds account for activities in which the State acts as an agent for various governmental agencies and
organizations
ACCOUNT GROUPS
GENERAL FIXED ASSETS
This account is not a fund It represents a summary of the fixed assets of the State financed by funds derived from the sale of General
Obligation bondsALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
DESCRIPTION OF FUNDS
ACCOUNT GROUPS
GENERAL LONGTERM DEBT
This account is not a fund It represents a summary of the bonded indebtedness of the State from the sale of General Obligation bonds
TOTAL COLUMNS ON COMBINED STATEMENTS
Total columns on the Combined Statements are captioned Memorandum Only to indicate that they are presented only to facilitate financial
analysis Data in these columns do not present financial position results of operations or changes in financial position in conformity with
generally accepted accounting principles Neither is such data comparable to a consolidation Interfund eliminations have not been made in the
aggregation of this data
OTHER FINANCIAL NOTES
1 DESIGNATED FOR 1986 APPROPRIATION TO DEPARTMENT OF TRANSPORTATION The Fund Balance reserved and designated for 1986 Appropriation to
Department of Transportation represented the excess of actual Motor Fuel Tax collections for the year ended June 30 1985 over the estimated
Motor Fuel Tax collections budgeted for fiscal year ended June 30 1986 This reserve was established in compliance with Article III
Section IX Paragraph VI subsection b of the State Constitution
2 DESIGNATED FOR 1987 APPROPRIATION TO THE PEACE OFFICER AND PROSECUTOR TRAINING FUND The Fund Balance reserved and designated for 1987
Appropriation to the Peace Officer and Prosecutor Training Fund was established in compliance with Act No 451 of the 1983 Georgia Laws This
Act provides that An amount equal to all funds remitted as provided in Code Section 152174 in the immediately preceding year shall be
appropriated to fund law enforcement or prosecutorial officers training or both and activities incident thereto
3 MIDYEAR ADJUSTMENT RESERVE The Fund Balance reserved for Midyear Adjustment Reserve was established in compliance with Act No 1423 of
the 1982 Georgia Laws This Act provides that The State Auditor shall reserve from State surplus as of June 30 of each fiscal year an amount
equal to one percent of the net revenue collections of such fiscal year to the extent that such surplus is available therefor before provision
has been made for the Revenue Shortfall Reserve
4 REVENUE SHORTFALL RESERVE The Fund Balance reserved for Revenue Shortfall Reserve was established in compliance with Act No 901 of the
1976 Georgia Laws This Act provides that The State Auditor shall reserve from State surplus as of June 30 of each fiscal year an amount
equal to three percent of the net revenue collections of such fiscal year to the extent that such surplus is available therefor
5 RECLASSIFICATION OF REVENUES AND TRANSFERS Revenue from the Budget Funds shown on the Statement of Cash Receipts and Disbursements of the
Debt Service Fund of the State of Georgia General Obligation Debt Sinking Fund is shown as a credit to expenditures of the Debt Service Fund on
the Combined Statement of Revenues Expenditures and Transfers Revenue shown from the Georgia State Financing and Investment Commission is
shown under Other Financing Sources Uses of the Debt Service Fund on the Combined Statement of Revenues Expenditures and Transfers as a
transfer from other funds Transfers shown as reductions to income on the Statement of Cash Receipts and Disbursements of the Construction Fund
of the Georgia State Financing and Investment Commission are shown under Other Financing Sources Uses of the Capital Projects Fund on the
Combined Statement of Revenues Expenditures and Transfers as transfers to other funds and to various authorities for advance retirement of bonds
and defeasance of bonds
6 GENERAL LONGTERM DEBT In November 1972 the voters of the State of Georgia approved a comprehensive amendment to the Constitution of
1945 Georgia Laws 1972 page 1523 the Amendment which permits the State to finance its needs directly through the issuance of general
obligation debt Prior to the adoption of the Amendment the States capital outlay needs were met through the issuance of bonds by ten separate
State authorities and secured by lease rental agreements between the authorities and various State departments and agencies The provisions of
the Amendment were implemented by the General Assembly in 1973 with the enactment of the Georgia State Financing and Investment Commission Act
Georgia Laws 1973 page 750 et seq the Act and the constitutionality of the new system of State financing was favorably adjudicated by
the Supreme Court of Georgia in a decision rendered on July 16 1974 in Sears v State of Georgia 232 Ga 547 1974ALL STATE AGENCIES EXCLUDING UHITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
OTHER FINANCIAL NOTES
The changes in General LongTerm Bonded Indebtedness during the fiscal year ended June 30 1986 were as follows
General Obligation Bonds Payable at July 1 1985
Add Bonds Issued
Less Bonds Redeemed
Bonds Refunded
General Obligation Bonds Payable at June 30 1986
123316000000
72774000000
17393000000
35632500000
S 143064500000
In the year under review the Georgia State Financing and Investment Commission redeemed the following bonds in advance of due date
BOND SERIES
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976C
1976D
1977A
1977C
1977D
1980A
1982B
1984B
1985F
1985H
1986B

PRINCIPAL
AMOUNT
15000000
21500000
500000
13000000
20500000
86500000
83500000
4000000
5000000
2000000
65500000
415000000
50000000
10000000
50000000
328500000
450000000
3042500000
4663000000
On May 8 1986 the Georgia State Financing and Investment Commission issued 44157500000 in State of Georgia General Obligation
Refunding Bonds 1986B to advance refund 35632500000 of certain outstanding callable maturities of general obligation bonds of the State of
Georgia The entire proceeds of 43510952027 net of 646547973 in original issue discount underwriting fees and other issuance costs
plus an additional 1073065125 of available State appropriated funds were used to purchase United States government securities which were
deposited in an irrevocable trust with an escrow agent to provide for all future debt service payments on the refunded bonds As a result the
following bond issues are considered to be defeased and the liability for these bonds has been removed from the general longterm debt account
group
BOND SERIES
1981A
1981C
1981D
1982B
1982E
1984B
1985A
1985C
1985H
PRINCIPAL
AMOUNT
8828000000
4363500000
294500000
7786000000
2493500000
8137500000
1995000000
583500000
1151000000
35632500000
The refunding transaction has saved the State aggregate debt service payments of 12678607344 and will result in an economic gain or
present value savings of 3486728379 over the life of the refunded bonds
7 RETIREMENT SYSTEMS The State of Georgia contributes to the following retirement systems Employees1 Retirement System of Georgia Georgia
Legislative Retirement System Teachers Retirement System of Georgia Public School Employees Retirement System of Georgia Trial Judges and
Solicitors Retirement Fund Superior Court Judges Retirement System and District Attorneys Retirement System
The Employees Retirement System of Georgia was established in 1949 for all regular employees of State Departments Bureaus etc and Tax
Collectors their employees and state Court employees The Georgia General Assembly in Georgia Laws 1982 Act No 1372 amended the 1949 Act
establishing this Retirement System This act created a new retirement benefits plan with a new benefit structure requiring changed
participation requirements for new employees hired on or after July 1 1982 This Act also gave members of the Retirement System prior to
July 1 1982 the option of remaining under the old benefits plan or transferring to the new plan The Employees Retirement System of Georgia
has approximately 54700 members of which approximately 37100 remain under the old benefits plan At June 30 1986 the contribution ofALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
JUNE 30 19
OTHER FINANCIAL NOTES
members remaining under the old benefits plan was computed at 4 on the first 420000 of annual salary and 6 of salary in excess of 420000
These employees actually paid 1 14 of salary to the Retirement System and the State paid the remainder of the employees contributions on
behalf of the employees The employers contribution was 1270 of annual salary At June 30 1986 there were approximately 17600 members of
the new benefits plan and their contribution to the Retirement System was computed at 14 of 1 of annual salary The employers contribution
for members of the new benefits plan was 1770 of annual salary The consulting actuary is George B Buck Consulting Actuaries Inc New
York New York
The Georgia Legislative Retirement System was established in 1967 to provide for retirement allowances and other benefits for the members of
the General Assembly and staff members Prior to 1981 this Retirement System had no membership and those eligible for membership were members
of the Employees Retirement System of Georgia An Act of the General Assembly in 1980 amended the Act of 1967 creating this Retirement System
and required that eligible members make an election to remain in the Employees Retirement System or become a member of the Georgia Legislative
Retirement System This Act further required that their election be made prior to the second Monday in January 1981 This Retirement System
has 231 active members who contribute 7 12 of their salaries of which 4 34 less 700 monthly is contributed by the State on behalf of
each member and the member actually pays the remainder The employers contribution is currently 2018 monthly for each active member The
consulting actuary is George B Buck Consulting Actuaries Inc New York New York
The Teachers Retirement System of Georgia was established in 1943 for all public school and college teachers administrators clerical
workers supervisors librarians and other related personnel This Retirement System has approximately 135000 members of which approximately
110000 are active and contribute 6 of their salaries The State currently contributes 1323 of State salaries and the local boards of
education contribute 1271 of salaries for employees on amount in excess of State salaries and on employees in excess of State Teacher
allotment The consulting actuary is George B Buck Consulting Actuaries Inc New York New York
The Public School Employees Retirement System of Georgia was established in 1970 for school bus drivers and cafeteria employees of schools
as well as all nonprofessional employees ineligible under the Teachers Retirement System This Retirement System has approximately 27060
active members who contribute 400 each per month for nine months of the year In the current year the State contributed 1312500000 The
consulting actuary is George B Buck Consulting Actuaries Inc New York New York
The Trial Judges and Solicitors Retirement Fund was established in 1968 for Superior Court Judges District Attorneys City Judges and
Solicitors This Retirement Fund has 125 members who contribute 7 12 of salary if they do not choose survivors benefits if they choose
survivors benefits they contribute 10 of salary The State contributes 15 of salary This fund is a money purchase plan and no actuarial
valuation has been prepared for this system
The Superior Court Judges Retirement System was established in 1976 for Superior Court Judges Superior Court Judges who were members of
the Trial Judges and Solicitors Retirement Fund on the date this Retirement System was established were given the option to remain in that system
or join the new system Superior Court Judges who became judges after December 31 1976 became members of the new system The Superior Court
Judges Retirement System has 124 active members who contribute 7 12 of State salary If they elect spouses benefit coverage they may
contribute an additional 2 12 which will entitle surviving spouse for benefit coverage for life or until remarriage or they may contribute an
additional 2 34 which will entitle surviving spouse for benefit coverage for life Members also have the option of contributing an additional
1 of State salary and becoming eligible for post retirement costofliving benefit adjustments The State contributes 5 less 700 monthly
on behalf of each member and the member actually pays the remainder The employers contribution is currently 19 of State salaries paid The
consulting actuary is The Wyatt Company Atlanta Georgia
The District Attorneys Retirement System was established in 1978 for District Attorneys District Attorneys who were members of the Trial
Judges and Solicitors Retirement Fund on the date this Retirement System was established were given the option to remain in that system or join
the new system District Attorneys taking office on or after January 1 1979 became members of the new system The District Attorneys
Retirement System has 43 active members who contribute 7 12 of salary if they do not choose survivors benefits if they choose survivors
benefits they contribute 10 of salary The State contributes 5 less 700 monthly on behalf of each member and the member actually pays the
remainder The employers contribution is currently 10 of salaries paid The consulting actuary is The Wyatt Company Atlanta GeorgiaALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
OTHER FINANCIAL NOTES
8 SICK LEAVE AND ANNUAL LEAVE Except for employees of the Superior Courts of Georgia and the Board of Regents of the University System of
Georgia all regular State employees of State Departments Bureaus etc earn one and onequarter days per month of sick leave These employees
may accrue up to ninety days of sick leave When any of these employees terminate employment with the State they receive no compensation for
any accrued sick leave
Except for employees of the Superior Courts of Georgia all regular State employees of State Departments Bureaus etc earn one and one
quarter days per month of annual leave for State service not in excess of five years those employees with service of five to ten years earn one
and onehalf days per month annual leave and those employees with service in excess of ten years earn one and threequarter days per month
annual leave Except for employees of the State Soil and Water Conservation Committee employees earning annual leave on this basis may accrue
up to forty five days of annual leave and are paid for unused accumulated annual leave upon retirement or termination of employment
Employees of the Superior Courts of Georgia do not earn sick or annual leave because the Courts have not adopted a policy to provide for
the earning and accumulation of leave for court employees Employees of the Board of Regents of the University System of Georgia earn one day of
sick leave each month with no maximum limit established The policy of the State Soil and Water Conservation Committee limits maximum
accumulation to thirty days of annual leave and provides for payment for unused accumulated leave upon retirement or termination of employment
On June 30 1986 the unrecorded consolidated estimated liability of all State Departments Bureaus etc amounted to 8539560831 for
accumulated annual leave Funds are provided in the appropriations to State Departments Bureaus etc each year to cover the cost of annual
leave of terminated employees
Certain employees who retire with one hundred and twenty days or more of forfeited sick and annual leave are entitled to additional service
credit in the Employees Retirement System of GeorgiaALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
FINDINGS AND IMPROPER OR QUESTIONED COSTSFINDINGS AND IMPROPER OR QUESTIONED COSTS
BUDGETED OBJECT CLASSES OVER EXPENDED
The following State agencies over expended amounts budgeted in the object classes indicated by the amounts shown and are in violation of
Section 79 of the Amended Appropriations Act of 19851986
Community Affairs Department of
Per Diem Fees and Contracts
Corrections Department of
A Departmental Operations
Computer Charges
B Correctional Institutions Transitional Centers and Support
Health Service Purchases
Education Department of
APEG Grants Instructional Media
APEG Grants Maintenance and Operation
NonAPEG Grants Superintendents Salaries
Human Resources Department of
C Community Mental HealthMental Retardation Youth Services and Institutions
Supportive Living Benefits
Insurance Department of
Computer Charges
Per Diem Fees and Contracts
Labor Department of
WIN Grants
Public Service Commission
Computer Charges
Real Estate Rentals
Regents of the University System of Georgia Board of
A Resident Instruction
Authority Lease Rentals
Special Desegregation Programs
B Regents Central Office and Other Organized Activities
Fire Ant and Environmental Toxicology Research
Agricultural Research
Sports Hall of Fame Board Georgia
Cost of Operations
Student Finance Commission Georgia
Publications and Printing
Telecommunications
1543041
37850654 43815143
300
2307139
111957
501977
1408988
6173452
3191192
956752
1452042
247893
20748
2307439
613934

10773632
400301
12548851
266610
38243
NONCOMPLIANCE WITH PAYROLL REGULATIONS AND SALARY OVERPAYMENTS
The following State agencies had unresolved payroll exceptions that had been reported by the State Personnel Board Merit System of
Personnel Administration Employees Services Division or had salary overpayments to individuals for which reimbursement should be secured
Administrative Services Department of
Agriculture Department of
Corrections Department of
Human Resources Department of
Judicial System
Superior Courts miscalculations of terminal pay and leave
Medical Assistance Department of
Pardons and Paroles Board of
Public Safety Department of
Revenue Department of
Secretary of State
Transportation Department of
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
In a number of State agencies we found inadequate records were maintained or serious deficiencies existed in the internal controls utilized
in maintaining equipment inventory and accounting for General Fixed Assets Inventories were not maintained in accordance with the requirements
contained in the Statewide Property Management System Manual published by the Department of Administrative Services and in some instances
24436
10969
33147
2985999
s 60719
13250
64575
s 107394
7050
17316
68946
FINDINGS AND IMPROPER OR QUESTIONED COSTS
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
where Federal funds were utilized in the purchase of equipment records were not maintained in accordance with Federal Property Management
Standards Inadequate records or serious deficiencies existed in the following State agencies
Agriculture Department of
Corrections Department of
Defense Department of
Education Department of
Governor Office of the
Human Resources Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Labor Department of
Law Department of
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURERS
Medical Assistance Department of
Pardons and Paroles Board of
Personnel Board State Merit System of Personnel Administration
Postsecondary Vocational Education Board of
Public Safety Department of
Public Service Commission
Public Telecommunications Commission Georgia
Revenue Department of
Secretary of State
Soil and Water Conservation Committee State
Transportation Department of
Our review of internal controls and substantive testing in the various State agencies for compliance with Federal requirements in the
administration of Federal programs disclosed instances of noncompliance Our findings cover a wide range of problems and include deficiencies
in cash management financial reporting eligibility determination and monitoring efforts and also include improper utilization of funds and
distribution of expenditures as well as property management inadequacies Applicable findings are disclosed in the individual audit reports of
the following State agencies
Agriculture Department of Labor Department of
Community Affairs Department of Medical Assistance Department of
Corrections Department of Natural Resources Department of
Defense Department of Postsecondary Vocational Education Board of
Education Department of Public Safety Department of
Governor Office of the Public Service Commission
Human Resources Department of Public Telecommunications Commission Georgia
Insurance Department of Secretary of State
Investigation Georgia Bureau of Transportation Department of
INDIVIDUAL AUDIT REPORTS
The Findings and Improper or Questioned Costs Section of the individual audit reports details other unusual situations deficiencies or
other problems relative to the financial operations of each State agency The following comments disclose the material findings shown in the
individual audit reports
CORRECTIONS DEPARTMENT OF
IMPROPER EXPENDITURES
The audit report for the prior year called attention to an improper expenditure of 68612 for coffee breaks and refreshments at various
conferences for which reimbursement was requested No refund was secured for this expenditure in the year under review however in the
subsequent year reimbursement was secured and deposited to the appropriate Budget Fund and is therefore reflected as an account receivable at
June 30 1986
In the year under review an expenditure of 42000 was made from the A Budget Departmental Operations for the use of a State aircraft to
transport nonemployees of the Department to attend the funeral of a former employee of the Department of Corrections The State Auditor has
opined that expenditures of this nature are not in accordance with the Amended Appropriations Act of 19851986 as approved by the General
Assembly Reimbursement of 42000 should be secured for deposit to the appropriate Budget Fund
MOTOR VEHICLE EQUIPMENT INVENTORY
The Amended Appropriations Act for the fiscal year ended June 30 1986 authorized the Department of Corrections to have a maximum of 603
motor vehicles At June 30 1986 the Department had 719 motor vehicles which was 116 more than authorized The Department should establish
necessary internal controls to ensure that motor vehicles maintained are not in excess of authorized number
33 FINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
CORRECTIONS DEPARTMENT OF
EDP REVIEW COMMITTEE APPROVAL
In the year under review the Department of Corrections failed to obtain EDP Committee approval for 66172102 of the 66601962
expended for leasepurchase and purchase of computer equipment The failure to secure review committee approval of the expenditures is
in violation of the Governors Executive Order issued under authority of Georgia Code Section 50511
EDUCATION DEPARTMENT OF
IMPROPER EXPENDITURES
In the year under review examination disclosed the following improper expenditures made from the Budget Fund of the Department of
Education
Microwave Oven For Employee Use 22650
Refreshments 5076
Dinners for Spouses of Members of Council on Vocational Education 12600
40326
Reimbursement should be secured for these improper expenditures
RESULTS OF EXAMINATION OF PRIOR YEARS UNAUDITED BANK ACCOUNT
The audit report for the period ended June 30 1985 called attention to an unaudited bank account for the Gifted Program Our subsequent
examination disclosed that the bank account was used for the deposit of registration fees and the payment of expenses in connection with Gifted
Program workshops Our examination further disclosed that registration fees paid by participants in a workshop on November 18 and 19 1983 held
at the Ramada Hotel Capitol Plaza Atlanta Georgia were not sufficient to cover expenses incurred Subsequently the registration fees paid by
participants in a workshop on March 2 and 3 1984 held at The Desoto Hilton Savannah Georgia were utilized to cover the outstanding balance
of the earlier workshop resulting in insufficient funds available to cover expenses incurred for the latter workshop In fiscal year 1984 the
Department utilized 200000 from an unrestricted agency fund toward liquidation of the balance due to The Desoto Hilton leaving an unpaid
balance of 334834 In fiscal year 1985 the Department remitted from the operating account 334834 to cover this balance of which
150000 was charged to ECIA Chapter 2 funds and 184834 was charged to State funds While most charges relating to these workshops may be
appropriate expenses of the funds charged supporting documentation was not sufficient to determine if this payment was appropriate since an
itemized statement was not available
Subsequently this bank account has been closed and an agency fund has been established for Gifted Program Workshops under the control of
the fiscal office of the Department Future workshops should be administered by the fiscal office through this agency fund with receipts and
payments properly recorded and proper documentation maintained to support transactions Fees assessed of participants in workshops should be for
amounts adequate to fund expenses incurred to ensure the solvency of the agency fund
PRIVATE TRUST AND AGENCY FUNDS
INADEQUATE ACCOUNTING RECORDS
In the year under review deficiencies were noted in the accounting records pertaining to Private Trust and Agency Funds Deficiencies
noted were as follows
1 Bank reconciliations were not performed on certain accounts
2 Ledgers were not maintained on certain accounts
3 Activities within certain accounts were recorded incorrectly
4 Certain accounts were not recorded on the books and records
The Department should correct the above deficiencies and establish accounting procedures to ensure the proper recording of all activities within
the various accounts of the Private Trust and Agency Funds
HUMAN RESOURCES DEPARTMENT OF
MOTOR VEHICLE EQUIPMENT INVENTORY
A comparison of motor vehicle purchases to equipment inventory listings disclosed that not all motor vehicle purchases were posted to the
inventory records Audit tests indicated that established procedures were not fully implemented and as a result internal controls were not
adequate to ensure that all motor vehicle purchases were included on the Departments inventory recordsFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
HUMAN RESOURCES DEPARTMENT OF
MOTOR VEHICLE EQUIPMENT INVENTORY
The Amended Appropriations Act of 19851986 provided for the Department of Human Resources to utilize 1966 motor vehicles At June 30
1986 the Departments official motor vehicle inventory numbered 2726 motor vehicles which was 760 more than authorized by the Act
The Department of Human Resources should take action to ensure that an accurate motor vehicle inventory is maintained and updated on a
timely basis Procedures should include periodic reconciliations of motor vehicle purchases reflected on the Departments accounting records to
the motor vehicle inventory Controls should also be implemented to ensure that the Department is in compliance with the number of vehicles
authorized in the Amended Appropriations Act
MANUAL JOURNAL VOUCHER RERATE ENTRIES
A review of selected manual journal vouchers which rerated blocks of expenditures between various funding sources of the Department of Human
Resources disclosed the following
1 FUND SOURCE EXPENSE DISTRIBUTION ADJUSTMENTS Blocks of expenditures were rerated between Federal and State fund sources A
comparison of expenditure totals as initially recorded in accordance with the federally approved Cost Allocation Plan to expenditures
totals after rerate entries were recorded indicated that the basis for such entries was Department of Human Resources budget documents
which distributed Federal grant availability between State fiscal years These entries could result in erroneous distributions of
costs between State and Federal funds
2 INADEQUATE DOCUMENTATION OF RERATE ENTRIES Manual journal vouchers which supported the rerate entries contained inadequate
explanations as to the purpose of the entries and had no supporting documentation attached After requests were made for documentation
for these entries DHR personnel provided copies of DHR Budget Service Unit memoranda as support for the entries The memoranda were
not cross referenced to the manual journal entries made and in some instances did not adequately explain the purpose or need for the
rerate entries The rerate entries examined transferred blocks of expenditures and as a result reference numbers were not available
which could be traced to specific invoices contracts or monthly cost reports from subrecipients or branch offices
We did not examine all rerate entries recorded during Fiscal Year 1986 and were therefore unable to determine the full effect such entries had on
the allocation of costs Consultations with the United States Department of Health and Human Services Cost Allocation Unit and additional
testing will be completed in the subsequent fiscal year to determine the validity of such rerate entries
LABOR DEPARTMENT OF
INADEQUATE DOCUMENTATION
As a part of our examination we utilized a monetary precision sample to test the accuracy and validity of transactions for the period Our
examination of these randomly drawn transactions revealed that manual journal entries generally did not have adequate documentation attached and
voucher packages did not contain receiving reports Steps should be taken to ensure that all transactions are supported by proper documentation
so as to provide a clear audit trail
ACCOUNTS PAYABLE
The Balance Sheet of the Department of Labor Budget Fund reflected vouchers payable of 469658442 The subsidiary listing of vouchers
payable provided could not be reconciled to the Balance Sheet by 48509 Steps should be taken to ensure that the subsidiary listing of
vouchers payable are adequately reconciled to the Balance Sheet
RECONCILIATION OF STATE ACCOUNTING RECORDS TO FEDERAL ACCOUNTING RECORDS
The Department of Labor maintains two separate accounting systems as a result of differing accounting requirements for the State of Georgia
and the Federal Government All transactions for the Department of Labor are reflected in both accounting systems In the year under review
the expenditures on the State of Georgia accounting records could not be reconciled to the expenditures on the Federal accounting records by
1134331 This amount could not be identified to particular expenditure object codes or fund sources The Department of Labor is responsible
for reconciling their accounting records The Department should take steps to ensure that the accounting records are reconciled on a timely
basis in order to provide a proper audit trial between the two systems
INVENTORY OF SUPPLIES
The audit report for the year ended June 30 1985 disclosed deficiencies in the supply inventory system Further testing of supply
inventory procedures for the period under review revealed the following
1 Quarterly physical inventory counts were not adequately reconciled to perpetual inventory records
2 Large variances existed between quarterly physical inventory counts and perpetual inventory records for printed forms
3 Controls over physical access to computer paper were inadequate The majority of computer paper was expensed when received and stored
in a designated area Our review indicated that computer paper purchases which were charged to inventory rather than expense was
stored in the same vicinity This situation could result in erroneous entries to the supply inventory and accounting records
4 Paper placed in inventory for printing of forms was not recorded on the perpetual inventory system
5 Forms on hand for use in the Job Training Partnership Program were not recorded on the perpetual inventory system
35 FINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
LABOR DEPARTMENT OF
INVENTORY OF SUPPLIES
The Department should strengthen the controls exercised over the central supply inventory Quarterly physical inventory counts should be
reconciled to perpetual inventory records and variances be identified and investigated on a timely basis
POLITICAL ACTIVITY
Audit reports for the years ended June 30 1984 and 1985 reported that extensive investigations were made by Georgia Department of Labor
concerning involvement of certain employees of the Department in political activities of an unethical nature In the year under review the
Office of Inspector General United States Department of Labor conducted its own review of these activities In their final report they
questioned 9391500 costs for these various activities The Grant Officer has issued an initial determination disallowing the costs but has
delayed the final determination until adjudication of bonding claims has been processed As of the date of this report final determination had
not been made
UNEMPLOYMENT INSURANCE
BENEFIT PAYMENTS
The United States Department of Labor Office of Inspector General issued an audit report of an Audit of Federal Share of Unemployment
Compensation Program for the period October 1 1981 through September 30 1984 The following is a listing of the results of the audit
PROGRAM
Extended Benefits
Unemployment Compensation for Federal Employees Benefits
Unemployment Compensation for ExServicemen Benefits
COSTS
RECOMMENDED
FOR DISALLOWANCE

2565400
4361200
QUESTIONABLE
COSTS
2820500
1368800
TOTAL
1795800
2820500
3934200
4189300
8550500
In the year under review the Georgia Department of Labor refunded the Costs Recommended for Disallowance for Extended Benefits of 1795800 to
the U S Treasury As of the date of this report the remaining amount of 6754700 for Costs Recommended for Disallowance and
Questionable Costs had not been resolved
MEDICAL ASSISTANCE DEPARTMENT OF
NONCOMPLIANCE WITH ELECTRONIC DATA PROCESSING EQUIPMENT PURCHASING REQUIREMENTS
Georgia Code Section 50510 created the Electronic Data Processing Review Committee of the State of Georgia Executive Order dated January
19 1983 states That all boards departments and agencies of the State of Georgia engaged in data processing or computing activities shall
submit to the Electronic Data Processing Review Committee by June 30 1983 or a later date set by the Committee a comprehensive plan for
acquiring data processing and computing services Thereafter revisions to the plan shall be submitted annually The Executive Order also
states that no board department or agency of State Government shall acquire electronic data processing or computer equipment or shall obtain
data processing or computer services including consulting systems development programming computer time data preparation and related
services from any agency other than an agency of State Government unless such acquisition of equipment or services is consistent with annual
plans approved by the Committee or if such acquisition is inconsistent with such plans the deviations have been specifically approved by the
Committee As of June 30 1986 the Department of Medical Assistance had not submitted a comprehensive plan to the Electronic Data Processing
Review Committee
Georgia Code Section 50557 states The Department of Administrative Services shall have the power and authority and it shall be the
departments duty subject to this part to contract for the purchase lease or other mode of acquisition of all supplies materials services
other than professional and personal employment services and equipment required by the stateunless the departments institutions and agencies
of the State obtain written authority from the Department of Administrative Services to do so it shall be unlawful for any of them to purchase
any supplies materials or equipment from sources other than as certified to them by the Department of Administrative ServicesFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
MEDICAL ASSISTANCE DEPARTMENT OF
KONCOHPLIANCE WITH ELECTRONIC DATA PROCESSING EQUIPMENT PURCHASING REQUIREMENTS
The Department of Medical Assistance purchased the following computer equipment from The Computer Company Incorporated without obtaining
prior approval from the Electronic Data Processing Review Committee and the Department of Administrative Services
14 Telex Model 0078 Terminals
1 IBM 32 Port Controller with Accessories
1 Telex 287 Printer Terminal
3 Telex 078 Display Stations
Freight
1354080
1052005
288750
267750
4872
2967457
DISALLOWANCE OF FEDERAL FINANCIAL PARTICIPATION
The United States Department of Health and Human Services USDHHS routinely performs reviews and tests of the Medical Assistance Program
for accuracy and compliance with regulations and established guidelines During the year under review the Department of Medical Assistance
returned 404780100 of Federal Financial Participation to the USDHHS for disallowances disclosed by these reviews and tests Contingent
material disallowances and penalties are discussed in Note 5 of Exhibit F Notes to Financial Statements of unit report
MEDICAID BENEFITS REFUND HOLDING ACCOUNT
The Department of Medical Assistance Benefits Recovery Section is responsible for establishing accounts receivable from providers for
overpayments and disallowances and accounting for all refunds received from providers
The Benefits Recovery Section maintains a manual cash receipts journal which balanced with the Fiscal Accounting and Control System FACS
but did not balance with the Medicaid Management Information System MMIS During the year under review the Benefits Recovery Section did not
reconcile the difference between undispositioned refunds on FACS of 1386573265 and the undispositioned refunds on MMIS of 1160568842
The net difference at June 30 1986 was 226004423 Of this difference 63518597 was due to the timing of information passed between the
systems leaving an unknown difference of 162485826
MEDICAID MANAGEMENT INFORMATION SYSTEM MMIS
The Department of Medical Assistance is the single State agency with authority to administer the State of Georgia Plan for Medical
Assistance under Title XIX of the Social Security Act Attachment 419 of the State of Georgia Plan provides for the policies and methods for
establishing payment rates under terms of the act
The Department of Medical Assistance is operating under a medicaid plan which has been approved by the Federal Government As a part of
this plan a computerized Medicaid Management Information System MMIS has been established and is utilized to pay Medicaid benefits Claims
expense which is processed through this system is posted to the Fiscal Accounting and Control System FACS through a computerized interface
program
In order to test the accuracy and validity of the adjudicated claims paid through MMIS a detail history file of claims processed was
requested that would balance with the accounting interface subsystem postings to FACS The Department of Medical Assistance could not provide a
balanced history file therefore we were unable to determine a finite population of financial transactions from which to extract a statistically
valid random sample of the year to date claims paid
Because we were unable to obtain balanced accounting transaction history files on which to draw a statistically valid sample for
examination the scope of our audit was limited and was not sufficient to enable us to express and we did not express an opinion on the
financial position of the Department as of June 30 1986 and the results of its operations and changes in fund balance for the period then
ended
An examination was conducted on claims processed through MMIS for the months of March April May and June of 1986 An abbreviated version
of the history file was balanced to the FACS interface postings for those four months Utilizing this limited data the testing was directed
toward accuracy of the payments the validity of supporting documentation and the evaluation of controls established to ensure compliance with
regulations and established guidelines The results of this examination disclosed three 3 overpayments in the sample of sixhundred and eight
608 claims selected The following type of error occurred
TYPE ERROR NUMBER AMOUNT
Inpatient Hospital Overpayment 3 3741700veanM
FINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
MEDICAL ASSISTANCE DEPARTMENT OF
MEDICAID MANAGEMENT INFORMATION SYSTEM MMIS
The sample utilized was a monetary precision materiality sample stratified random sample drawn from different monetary strata which exist
within the population under review This sample is especially suited for finding and examining transactions in the file which are material in a
monetary sense If all transactions had been found to be error free then there is a 95 probability that the population would not include more
than 212034700 in transactions which were in error by any amount out of a total population amount of 28271295882 Based upon the three
3 monetary errors of overstatement a reevaluation of sample results has been computed The assurance or reliability statement which may be
attributed to this sample in view of the reported audit findings as evaluated is as follows
All underlying source documentation and substantiation for each sampling unit randomly drawn is represented to have been properly examined
Those items with audit findings have been evaluated by the audit sample evaluation routine Consequently there is a 95 probability that
the population described above would contain an estimated 202541595 in transactions which are in error by any amount More over there
is a 95 probability that the true value of this estimate could be as much as 535080599 which amount is the adjusted upper precision
limit of the estimate
INSTITUTIONAL CLAIM PAYMENT SYSTEM
As the institutional claim payment system is currently administered the Department of Medical Assistance does not accurately record in the
individual base record the case utilization count of the institution as each transaction occurs Sampled claims disclosed instances in which
the claim utilization count was inaccurate or not recorded in the base record The claim utilization count is necessary to confirm that the
proper rate was used for the claim payment The Department of Medical Assistance has been advised of this deficiency and the need to record
accurately this information during the previous three audit periods
The rates used by the institutional claim payment system are determined by cost reports filed by the individual hospitals and these rates
are effective for one calendar year Many of the hospital rates sampled were appealed by the hospitals for 1986 and as a result of those
appeals the rates were retroactively changed requiring the Department to reprocess all claims paid under the initial rate established for 1986
This procedure of reprocessing did not take place Department personnel are aware of the system problem preventing the reprocessing
The Department of Medical Assistance was not able to provide a history report for the institutional claim payment systems Cap Rate File
The Cap Rate File is the sole reference within the Medicaid Management Information System MMIS for the established payment amount for normal
inpatient hospital claims Cap Rate File reports currently available include only the current applicable rates for each year A report
disclosing all rates posted to the file with indicators for the period of time that the rate was in effect the number of claims processed
against that rate and the date and amount of any change to the rate should be available to both the Departments management and the audit
staff
NATURAL RESOURCES DEPARTMENT OF
PRIOR YEAR
CASH SHORTAGE DEPARTMENT OF MINES MINING AND GEOLOGY
In the fiscal year ended June 30 1959 a shortage of 5020000 was discovered in the accounts of the Department of Mines Mining and
Geology 648826 of which was recovered in the fiscal year ended June 30 1960 245000 was recovered in the fiscal year ended June 30 1970
2500000 was recovered in the fiscal year ended June 30 1971 50000 was recovered in the fiscal year ended June 30 1973 and 45000 was
recovered in the fiscal year ended June 30 1979 There was an unrecovered balance of 1531174 at June 30 1986 Attempts to collect these
funds have been unsuccessful This outcome does not lessen the responsibility of officials to secure this unrecovered balance however no
further mention of this will be made in subsequent audit reports
POSTSECONDARY VOCATIONAL EDUCATION BOARD OF
PRIVATE TRUST AND AGENCY FUNDS
INADEQUATE ACCOUNTING RECORDS
In the year under review the current year activity of certain accounts maintained at the State operated vocational schools were not
recorded properly on the State Fiscal Accounting and Control System FACS The State Board of Postsecondary Vocational Education should
establish accounting procedures to ensure the proper recording of Private Trust and Agency FundsFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
PUBLIC SAFETY DEPARTMENT OF
GENERAL LEDGER
APPROPRIATION TRIAL BALANCE
The Appropriation Trial Balance FACS Report No 2413 is the FACS report which identifies revenues and expenditures of each Budget Unit
administered by the Department of Public Safety During the year under review this report was not monitored on an individual Budget Unit
basis Cash draws from the Department of Administrative Services Fiscal Division were not posted in the same manner in which they were
requested resulting in all State appropriations for both Budget Units being recorded in A Budget In the future it is important that this
FACS report be reviewed on a monthly basis ensuring that State appropriations are being drawn as needed on an individual Budget Unit basis and
properly recorded
FUND SOURCE TRIAL BALANCE
In the year under review the Fund Source Trial Balance FACS Report No 2411 of the Department of Public Safety was not maintained in
accordance with the statewide Accounting Procedures and Instructions Manual issued by the State Auditor The following deficiencies were
noted
1 Portions of individual Federal grants were reflected in both Budget Units
2 Individual Fund Source Trial Balances for Federal grants had balances remaining in the miscellaneous clearing accounts at year end
3 Individual Fund Source Trial Balances for Federal grants had balances remaining in FACS 311 account at year end
4 Federal grants from Federal Highway Administration and National Highway Traffic Safety Administration administered by Department of
Public Safety and Office of Highway Safety were recorded twice on the Fund Source Trial Balance
5 No attempt has been made to monitor activity at the fund source level and as a result numerous posting errors were not detected
Due to these deficiencies in the accounting system we were unable to satisfy ourselves that the individual fund sources were fairly stated
Alternative means and extensive substantive testing were necessary in order to generate the data shown on the Schedule of Federal Financial
Assistance Schedule 1 of unit report
The accounting system as utilized by the Department of Public Safety does not meet the Federal standards for grantee financial management
systems as set forth in Attachment G of OMB Circular A102
The Department of Public Safety should implement appropriate procedures and controls to ensure that the Fund Source Trial Balance is
maintained in accordance with the Accounting Procedures and Instructions Manual and that a complete audit trail is maintained for each
individual grant
PUBLIC SERVICE COMMISSION
ACCOUNTING PROCEDURES
In the year under review the general ledger and accounting records of the Public Service Commission were not maintained in accordance with
the statewide Accounting Procedures and Instructions Manual issued by the State Auditor The accounting system utilized failed to identify the
receipts and expenditures of all Federal funds by funding source project and accounting period Due to this deficiency in the accounting
system we performed extensive substantive testing of transactions to satisfy ourselves that the Federal reimbursement requests were fairly
stated and supported by proper documentation
The accounting system utilized does not meet the Federal standards for grantee financial management systems as set forth in Attachment G of
OMB Circular A102
The Public Service Commission should implement appropriate procedures and controls to ensure the accounting records are maintained in
accordance with the Accounting Procedures and Instructions Manual and that a complete audit trail is maintained of general ledger transactions
traceable to Federal reimbursement requests and other Federal reporting required
PUBLIC TELECOMMUNICATIONS COMMISSION GEORGIA
BANK RECONCILIATION PROCEDURES
The audit report for the year ended June 30 1985 revealed that personnel of the Commission did not notify the bank when bank errors were
detected during the reconciliation process During the year under review letters were sent to the banks requesting that corrections be made
but no action had been taken at June 30 1986 Commission personnel should continue their efforts to resolve these problems
TRAVEL
An examination of travel vouchers was made to determine compliance with the Statewide Travel Regulations as promulgated by the State
Auditor and the Office of Planning and Budget This examination revealed that a Commission employee was reimbursed for first class air fare on
39FINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
PUBLIC TELECOMMUNICATIONS COMMISSION GEORGIA
TRAVEL
several occasions during fiscal year 1986 No certification from a licensed medical practitioner was obtained prior to these reimbursements
After initiation of our examination of travel vouchers certification was obtained by this employee In the future required certification
should be obtained prior to reimbursing the employees travel cost as required by the Statewide Travel Regulations
REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA BOARD OF
LIABILITY SELFINSURANCE FUND
A selfinsured program of professional liability insurance for its employees was established by the Board of Regents of the University
System of Georgia under powers authorized by Act No 638 of the General Assembly approved March 30 1977 Georgia Laws 1977 pp 10511053 The
program insures the employees to the extent that they are not immune from liability against personal liability for damages arising out of the
performance of their duties or in any way connected therewith
The program is administered by the Department of Administrative Services Fiscal Division as a Public Trust Fund On June 30 1986 the
balance of the Liability SelfInsurance Fund was 167685267
EMPLOYEES HEALTH BENEFIT SELFINSURANCE PROGRAM
The Board of Regents of the University System of Georgia maintains a selfinsured program of health benefits for its employees This plan
is funded jointly through premiums paid by participants covered under the plan and employer contributions paid by the Board of Regents and its
member institutions The Board of Regents has contracted with the Equitable Life Assurance Society of the United States to process all claims in
accordance with medical coverage guidelines as established by the Board All claims submitted by program participants are remitted directly to
Equitable Life Assurance Society of the United States from the various institutions for verification of coverage processing and payment through
a bank account maintained for this purpose by the Board of Regents of the University System of Georgia Equitable Life maintains an eligibility
file based on information furnished by the various institutions of the University System Each institution is furnished computer listings of
drafts presented for payment and is responsible for verifying that only eligible participants of that institution received benefits
The scope of our examination did not include substantive testing of the health claims paid by the Equitable Life Assurance Society of the
United States as agency for the Board of Regents of the University System of Georgia Accordingly we are unable to express and we do not
express an opinion on the claims paid from the Employees Health Benefit SelfInsurance Program of the Board of Regents of the University System
of Georgia
REVENUE DEPARTMENT OF
CASH MANAGEMENT
During the year under review the following deficiencies were noted in the procedures of the Department of Revenue relative to bank
reconciliations and internal controls over cash
1 Bank accounts were not reconciled on a timely basis
2 Book errors and bank errors disclosed through the bank reconciliation process were carried as reconciling items for extended periods of
time
3 Numerous checks have been outstanding for a period of over six months Outstanding checks should be examined periodically and stale
checks should be voided
4 There was no administrative review of bank reconciliations to determine that the reconciliations were correct and that all required
adjustments had been made
5 On June 30 1986 the reconciled cash balance of the revolving fund bank account of the Motor Fuel Tax Unit included returned checks
on hand of 7658292 A number of these checks date from prior years and collection had not been effected in the year under review
No current listing of returned checks is maintained by the Motor Fuel Tax Unit to verify the accuracy of the cash balance The
physical returned checks were not available for verification
The Department of Revenue should strengthen its internal accounting controls over cash to correct these deficiencies
JOURNAL VOUCHERS
During the year under review many journal vouchers were recorded into the accounting records with no accompanying documentation or approval
by appropriate administrative personnel An extremely large number of user generated journal vouchers were made many of which were necessary to
correct previous journal vouchers that had been recorded in error by the Department It was not uncommon to find several journal vouchers
correcting or attempting to correct the same transaction
Strict internal controls should be implemented by the Department of Revenue to ensure that all journal vouchers are reviewed for correctness
and documentation by appropriate personnel prior to recording them in the financial recordsFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
SECRETARY OF STATE
THEFT OF FUNDS
Between April 22 and July 16 1980 thefts of merchandise occurred at the Departments Central Supply warehouse by four temporary employees
The monetary value of the loss was estimated at 764500 All four employees were subsequently convicted of theft by taking and ordered to
make restitution in the amount of 200000 each through Fulton County Superior Court of the State of Georgia In prior years restitution of
266100 was received from the Fulton County Court and a settlement of 125000 was received from the bonding company In the year under
review restitution of 2000 was received from the Fulton County Court and this amount is shown on Exhibit B of unit reportSUMMARY OF STATE REVENUE RECEIPTS
Taxes Fines and Forfeits
Property Tax General
Property Tax Utility
Property Tax Intangibles
Estate Tax
Financial Institutions Business Occupation Tax
Income Tax
Motor Fuel Tax
Alcoholic Beverage Tax
Malt Beverage Tax
Wine Tax
Cigar and Cigarette Tax
Sales 3 Sales and Use Tax
Industrial Loan Company Tax
Insurance Premium Tax
Business License Tax
Motor Vehicle Tax
Title Registration Tax
Motor Drivers License Tax
Motor Boat Registration License Tax
Hunting and Fishing License Tax
Corporation Net Worth Tax
Fines and Forfeits
Unemployment Compensation Tax Penalties
Total Taxes Fines and Forfeits
Grants from U S Government
Benefits and Publie Hea1th
Education
Transportation
Agricultural and Natural Resources Development Other
Total Grants from U S Government
Donations for Operations
Rents on Investment Properties
Interest
Contributions from Public Trust Funds
Operating Earnings by Fees Rents and Sales for Services
Agricultural and Natural Resources Development Services
Benefits and Public Health Services
Correctional Services
Educational Services
General Government Services
Protection Services
Transportation Services
1408036998 i 1247056482
174484619 201742208
41311542 34557293
2579802166 1556189655
384496619 296841389
235834543613 213359993197
29004976813 27889721654
3767851193 3865425038
5945018176 5806427865
1530766160 1350583572
9395213855 9130058789
178611305071 168103261548
198313983 193899524
10625531336 8741467142
539064399 495091849
6371488870 6108562873
1031041700 669645355
638407800 557010350
129449954 134322852
1101788727 1043874615
1377633450 1226878893
137940150 109051745
140449210 115000501
490968916404 452236664389
115936681335 102784160291
28772607730
40275997286
11965013395
196950299746
4579019
600102717
17231043025
555469506
28808809245
57754152849
12957332401
202304454786
10711265
453390202
13168616899
5519390613
1944023143
20807863406
853166815
1027112825
37768800501
5006571565
13548298973
1852491149
18764683571
711883180
909133762
32001264383
4434909657
18164905344
Total Operating Earnings
80955837228 76839271046
Total State Revenue Receipts
787266247645 745532499200DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1986

General Property 1985 and Prior Years Levies and 1986 Auto
On County Digests
Net to State
Fees Retained at Source
Assessing
Collecting
Interest
Refunds
On Public Utilities Digests
On Intangible Digests
Intangible Tax Recording Net
Fees Retained at Source
Estate Tax
Refunds
Financial Institutions Business Occupation Tax
Income Tax
Corporations
Returns Additional Tax Interest and Penalties
Estimates on Taxes
Refunds
1319660341
31228468
53100723
8579601
4532135
7040598178
39149649232
4785151536
1408036998
174484619
10072524
29511966
1727052
2612233152
32430986
1592594141
31239018
2579802166
384496619
41405095874
Individuals
Returns Additional Tax Interest and Penalties
Estimates on Taxes
Fiduciary Returns
Withholding Tax
Refunds
18077067889
21257575026
620422393
188154649065
33680266634
194429447739
235834543613
Sales Motor Fuel
Net to State
Allowance Retained by Taxpayer
Refunds to Motor Carriers
Refunds to Retailers Act 1947
Refunds to Others
29392141950
210424711
441081806
148616866
7891176
29004976813
Sales Alcoholic Beverage Stamps
Refunds
Sales Malt Beverage
Sales Wine
3767969643
118450
3767851193
5945018176
1530766160
Sales Cigar and Cigarette
Collecting Fees Retained at Source
Refunds
9125208269
273977501
3971915
9395213855
Sales 3 Sales and Use
Regular
Collecting Fees Retained at Source
Interest and Penalties
Refunds
162777818559
4804773270
861119594
353988794
168089722629
Motor Fuel
Collecting Fees Retained at Source
Interest and Penalties
Refunds
Sales Industrial Loan Company Tax
Sales Insurance Premium Tax
Interest and Penalties
Business License Alcoholic Beverages
Re fund s
Business License Malt Beverages
Refunds
Business License Wine
Refunds
Business License Cigar and Cigarette

10184721151
310772014
35009647
8920370
10521582442
10613948094
11583242
49957500 180000
5 77010000 270000
58367000 205000
178611305071
198313983
10625531336
49777500
76740000
58162000
1465000
Business License Commercial
Fish Dealers
Fishing and Boats
942500
17353700
18296200
Business License Fur Trappers Dealers
Business License Miscellaneous Game and Fish
Business License Bingo
Business License Insurance Agents Adjusters
Business License Industrial Loan Companies
Business License Private Employment Agencies
Business License For Sale of Checks
Business License Water Well Drilling
1562000
967500
2390000
292095600
27883199
1250000
1293400
7182000DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR EHDED JUNE 30 1986
NonBusiness License Motor Vehicle Registration
Other Revenue
Tag Department
Fees Retained by Tag Agents
NonBusiness License Title Registration
Fees Retained by Tag Agents
NonBusiness License Auto Drivers
NonBusiness License Motor Boat Registration
NonBusiness License Special Game and Fish Permits
NonBusiness License Hunting and Fishing
Net to State
Collecting Fees Retained at Source
Corporation Net Worth Tax
Domestic and Foreign
Unemployment Compensation Penalties and Interest
FINES AND FORFEITS
Cigar and Cigarette
Liquor Wine and Beer
Hunting and Fishing
Total Taxes Fines and Forfeits
GRANTS FROM 0 S GOVERNMENT
Administrative Services Department of
Agriculture Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Forestry Commission Georgia
Governor Office of the
Human Resources Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Juvenile Court Judges Council of
Labor Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles Board of
Postsecondary Vocational Education Board of
Public Safety Department of
Public Service Commission
Public Telecommunications Commission Georgia
Secretary of State
Soil and Water Conservation Committee State
Transportation Department of
Veterans Service State Department of
Total Grants from U S Government
DONATIONS FOR OPERATIONS
Corrections Department of
Human Resources Department of
Natural Resources Department of
Public Safety Department of
Public Telecommunications Commission Georgia
Secretary of State
Veterans Service State Department of
Total Donations for Operations
RENTS ON INVESTMENT PROPERTIES
Atlanta Newspapers Incorporated
Consolidated Atlanta Properties
Fairco Properties Incorporated
Livingston Bess B Estate of
Massell Ben J Estate of
Omni Ventures
Peachtree Plaza Hotel
Pelham Banking Company
Seaboard System Railroad Incorporated
Southern Railway
Sundry Rents
6051421914
68274006
251792950
988880950
42160750
S 1017786987
80181400
6371488870
1031041700
638407800
129449954
3820340
1097968387
1377633450
140449210
32401772
58314483
47223895
137940150
490968916404
14602094
397629678
3220550180
64741582
767723444
27639021602
134833721
5595791077
48190142142
25773065
62499289
10315617
1739083
617805
38393110
11968637935
55467870973
1290699712
976000
1121777206
289128814
39779235
11808922
8862368
357521
40275997286
310030285
196950299746
1590000
2454539
355119
1000
7500
150000
20861
4579019
1440000
17381998
10245015
1800000
6791666
6353203
30536300
1200000
519271235
1048800
234500DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1986
RENTS ON INVESTMENT PROPERTIES
Tennessee Valley Authority
Union Camp Corporation
United Parking
Total Rents on Investment Properties
750000
180000
2870000
600102717
INTEREST EARNED
Administrative Services Department of
Interest Earned Regular
Interest on Railroad and Telegraph Stocks
Financing and Investment Commission Georgia State
Construction Fund
General Obligation Debt Sinking Fund State of Georgia
Debt Service Fund
Governor Office of the
Medical Assistance Department of
Personnel Board State Merit System of Personnel Administration
Regents of the University System of Georgia Board of
Student Finance Commission Georgia
Transportation Department of
Total Interest Earned
CONTRIBUTIONS FROM PUBLIC TRUST FUNDS
Corporation Dissolution Fund
District Attorneys Retirement Fund
District Attorneys Retirement System
Employees Retirement System
Legislative Retirement System Georgia
Public School Employees Retirement System
State Employees Assurance Department
Subsequent Injury Trust Fund
Superior Court Judges Retirement Fund of Georgia
Superior Court Judges Retirement System
Teachers Retirement System
Trial Judges and Solicitors Retirement Fund
Sports Hall of Fame Board Georgia
Total Contributions from Public Trust Funds
EARNINGS AGRICULTURAL AND NATURAL RESOURCES DEVELOPMENT SERVICES
Agriculture Department of
Boxing Commission State
Farmers Markets Rents
Forestry Commission Georgia
Forestry Examining Fees
Geology Examining Fees
Natural Resources Department of
Pesticides and Miscellaneous Fees
Recreation Examining Fees
Soil and Water Conservation Committee State
Total Earnings Agricultural and Natural Resources Development Services
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES
Ambulance License Fees
Athletic Trainers Examining Fees
Barbers Examining Fees
Chiropractors Examining Fees
Cosmetology Examining Fees
Dairy and Veterinary Inspection Fees
Dentists Examining Fees
Dietitians Examining Fees
Funeral Service Examining Fees
Hearing Aid Examining Fees
Home Health Care License Fees
Human Resources Department of
Laboratory License Fees
Medical Assistance Department of
Medical Examining Fees
Nursing Home Examining Fees
Occupational Therapy Examining Fees
Optometrists and Opticians Examining Fees
Patients Fees
Pharmacists Examining Fees
Physical Health Laboratory Fees
Physical Therapy Examining Fees
Podiatrists Examining Fees
Practical Nurses Examining Fees
Psychologists Examining Fees
Registered Nurses Examining Fees
Sanitation Examining Fees
9116117137
414030
5774849147
840605938
98960248
61070106
1315109500
14782499
1450799
7683621
17231043025
565234
3629394
3558648
154830244
3420900
18597500
9371000
39290828
10434927
19704852
286719880
5299700
46399
555469506
85196867
50000
342576364
414209305
5594500
3041000
1061165492
30719615
1184000
286000
1944023143
90000
163000
5142300
3593300
120579316
1609900
49999000
915500
22602900
5382000
1600000
16959030943
5395500
2683411602
112594100
6894400
2298350
7221000
678608709
16767500
12818667
7757300
2426000
11432436
3238500
23829000
352500DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1986
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES
Veterinarians Examining Fees
Vital Records Fees
Water and Waste Water Treatment Examining Fees
Total Earnings Benefits and Public Health Services
EARNINGS CORRECTIONAL SERVICES
4550000
49493433
8066250
20807863406
Inmate Labor
Parole Supervision Fees
Probation Fees
Work Release Program
Other
Total Earnings Correctional Services
EARNINGS EDUCATIONAL SERVICES
182288604
44155672
415526294
47317412
163878833
853166815
Education Department of
Librarians Examining Fees
Postsecondary Vocational Education Board of
Private School Registration Fees
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
Speech Pathologists Examining Fees
Student Finance Commission Georgia
Total Earnings Educational Services
82530121
2741500
82664574
1263400
299015267
217385963
895600
340616400
1027112825
EARNINGS GENERAL GOVERNMENTAL SERVICES
Administrative Services Department of
Audits and Accounts Department of
Banking and Finance Department of
Community Affairs Department of
Defense Department of
Employees Retirement System Accumulated Deposits
Social Security Trust Fund
Employees Retirement System Other
Financing and Investment Commission Georgia State
General Assembly of Georgia
Governor Office of the
Industry and Trade Department of
Insurance Department of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Juvenile Court Judges Council of
Labor Department of
Law Department of
Regular
Sales Act
Personnel Board State
Revenue Department of
Secretary of State
Teachers Retirement System
Workers Compensation State Board of
Total Earnings General Governmental Services
EARNINGS PROTECTION SERVICES
Merit System of Personnel Administration
8958883406
167103432
870038
97650146
50479098
110000000
26001600
1955083268
3952310
38904020
118464691
42153830
43281336
12642309
8413200
6465239
4212177
327825
415270432
48831849
1355220
23954773830
1674648509
23601112
1000000
4431624
37768800501
Airport Fees
Architects Examining Fees
Assessments on Insurers for Workers Compensation Board
Auctioneers Examining Fees
Bank Examining and Investigation Fees
Bar Examination Fees
Billboard Permits Outdoor Advertising
Boxing Promoter and Participant Fees
Building and Loan Association Examining and Supervision Fees
Cemetery Fees
Construction Industry Examining Fees
Corporation Charter Fees
Corporation Fees
Credit Union Examining and Supervision Fees
Engineers Examining Fees
Feed Inspection Fees
Fertilizer Inspection Fees
General Corporation Fees
Holding Company Examining and Supervision Fees
Industrial Loan Company Regulatory Investigation Fees
Insurance Company Regulatory and Filing Fees
Investigation Georgia Bureau of
1
173
5616
62
3726
135
434
11
47
23
611
1263
1663
379
132
25
475
318
170
23
203
1703
06000
95300
98961
80600
72000
92250
28875
83500
88300
13500
10000
87051
82770
52500
11300
09850
12542
90161
50000
64859
85658
67095DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1986
EARNINGS PROTECTION SERVICES
Landscape Architects Examining Fees
Lobbying Fees
Mobile Home Inspection Fees
Motor Carriers Fees
Notary Public Fees
Oversized Vehicle Permits
Peace Officer and Prosecutor Training Fund Fees
Polygraph Examining Fees
Private Detectives Examining Fees
Public Accountants Examining Fees
Public Safety Department of
Real Estate Agents Examining Fees
Safety Engineering Fees
Safety Fire Prevention Fees
Securities Issuers Dealers and Agents Fees
Trademarks
Used Parts and Used Car Dealers Examining Fees
Warehouse License and Inspection
Total Earnings Protection Services
EARNINGS TRANSPORTATION SERVICES
Transportation Department of Sales Rents and
Miscellaneous Participation
11
3
684
2581
82
4628
8572
7
411
722
9407
2067
54
220
3005
44
352
1
30500
08000
51734
34700
29700
88094
96472
41450
61460
08760
67559
85856
98176
06300
93362
05320
29050
52000
5006571565
13548298973
Total State Revenue Receipts
787266247645STATE REVENUE RECEIPTS
YEAR ENDED JUNE 30 1986
Taxes Fines and Forfeits
Property Tax General
Property Tax Utility
Property Tax Intangibles
Estate Tax
Financial Institutions Business Occupation Tax
Income Tax
Motor Fuel Tax
Alcoholic Beverage Tax
Malt Beverage Tax
Wine Tax
Cigar and Cigarette Tax
Sales 3 Sales and Use Tax
Industrial Loan Company Tax
Insurance Premium Tax
Business License Tax
Motor Vehicle Tax
Title Registration Tax
Motor Drivers License Tax
Motor Boat Registration License Tax
Hunting and Fishing License Tax
Corporation Net Worth Tax
Fines and Forfeits
Unemployment Compensation Tax Penalties
Total Taxes Fines and Forfeits
Grants from U S Government
Benefits and Public Health
Education
Transportation
Agricultural and Natural Resources Development Other
Total Grants from U S Government
Donations for Operations
Rents on Investment Properties
Interest
Contributions from Public Trust Funds
Operating Earnings by Fees Rents and Sales for Services
Agricultural and Natural Resources Development Services
Benefits and Public Health Services
Correctional Services
Educational Services
General Government Services
Protection Services
Transportation Services
Total Operating Earnings
PERCENTAGE PER
TOTAL TO TOTAL CAPITA
1408036998 18 258
174484619 02 032
41311542 01 007
2579802166 337 472
384496619 057 070
235834543613 2996 43159
29004976813 368 5308
3767851193 487 690
5945018176 75 1088
1530766160 197 280
9395213855 1197 1719
178611305071 2269 32687
198313983 02 036
10625531336 135 1945
539064399 07 099
6371488870 817 1166
1031041700 13 189
638407800 08 117
129449954 02 024
1101788727 14 202
1377633450 17 252
137940150 02 025
140449210 02 026
490968916404 6236 89851
115936681335 1473 21217
28772607730 365 5265
40275997286 512 7371
11965013395 196950299746 152 2190
2502 36043
4579019 600102717 17231043025 555469506 00 001
087 110
219 3153
07 102
1944023143 25 356
20807863406 264 3808
853166815 11 156
1027112825 13 188
37768800501 480 6912
5006571565 63 916
13548298973 80955837228 172 2479
10287 14815
Total State Revenue Receipts
787266247645
144075
Note 1980 Population 5464265
53STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1986
SOURCE
Agricultural and Natural Resources Development
Benefits and Public Health
Correctional Services
Education Grammar High Schools
Education College
Judiciary
Military and Police
Pensions
Transportation
Assessment and Collection Revenue
All Other Agencies
Payments in Lieu of Taxes from the Federal Government
State Revenue Collections Unfunded
Department of Administrative Services Fiscal Division
Funding and Custody Accounts
Excess of Funds Available over Allotments
State Funds
CarryOver from Prior Year
Transfer from Fund Balances
State Funds
General Fund State CarryOver from Prior Year
PERCENTAGE PER
TO TOTAL CAPITA
196 2822
2935 42284
296 4269
2949 42484
897 12929
55 800
139 2000
197 2840
1255 18082
153 2203
1114 16050
002 000
08 114
497
22
7166
311
Assessment and Collection Allowance to Outside Agencies
Note 1980 Population 5464265
10000 144075STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1986
STATE
APPROPRIATION GRANTS FROM OTHER
FROM TAXES U S AGENCY AGENCY
TOTAL FEES ETC GOVERNMENT EARNINGS REVENUE
15417805608 12176962900 1823520632 1558123070 S 140800994
231052494125 96093445800 115936681335 19437558656 415191666
23325301825 22687510700 65717582 761053386 188979843
232146175653 203476651700 28760798808 165194695 256469550
70649559937 69943753200 11808922 846269258 152271443
4372166314 4238898400 51065615 149384674 67182375
10927497314 9432926500 1119351547 419813289 44594022
15516058383 15010897500 000 505240824 79941
98805292850 44519175600 40275997286 14062299563 52179599
12035550367 5621542700 12886533 432773840 91791545 6060138839
87701206195 36499453900 8892471486 43220341846 911061037
1195183 1195183
625247315 625247315
22149622317
22149622317
39157713331
1701177956
39157713331
1701177956
787266247645 519701218900 196950299746 81558053101 10943324102
55
STATE REVENUE RECEIPTS
DISTRIBUTION OF REVENUE RECEIPTS BY OBJECT
YEAR ENDED JUNE 30 1986
PERCENTAGE
TO TOTAL
PER
CAPITA
ALL GOVERNMENTAL FUND TYPES
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation
Assessments by Merit System
Total Personal Services
Regular Operating Expenses
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Direct Benefits Medical Care and Public Assistance
Tuition and Scholarships
Grants to Counties Cities and Civil Divisions
Other Operating Expenses
Extraordinary Expenditures
Total Regular Operating Expenses
Travel
Motor Vehicle Equipment Purchases
Publications and Printing
Equipment Purchases
Computer Charges
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Per Diem Fees and Contracts
Capital Outlay
Authority Lease Rentals
Debt Service
Bonds Redeemed
Bonds Refunded
Interest and Fiscal Charges
Total Debt Service
Total Governmental Costs
Fund Balances Carried over from Prior Years as Funds Available
Excess of Funds Available over Expenditures
Prior Years Unreserved Fund Balance Surplus Lapsed
Proceeds of General Obligation Bonds
Issuance Costs and Discount of Bonds Issued
Good Faith Deposit Received in Prior Year
Transfers to Various Authorities for Advance Retirement of Bonds and Defeasance of Bonds
S 88757814444
5959065411
15139477433
5048129507
115721600
286219482
809545200
485218952
116601192029
2842079827
11506367070
2289256297
3148601107
219317417
2670122651
892316086
78996827
112873758669
1738045446
343466592012
21279621494
74892291
503079967194
1784526088
s 1498976989
1154162592
3158687344
6362245621
2988669584
5146363171
9954543354
38419851444
483 74394798
s 1110 74029016
33 86240426
17393000000
35632500000
19156969402
72182469402
183261878744
165810244872
619424059
72774000000
646547973
361330000
311503349
1127
76
192
64
02
04
10
06
1481
36
146
29
40
03
34
11
01
1434
22
4363
270
01
6390
23
19
15
40
126
488
221
453
243
917
876791924254 11137
2328
2106
08
924
08
05
04
16243
1091
2771
924
021
052
148
089
21339
520
2106
419
576
040
489
163
014
20657
318
62857
3894
014
92067
s 327
274
211
578
1164
547
942
1822
7031
614 8853
1411 20327
43 620
3183
6521
3506
13210
33538
30344
113
13318
118
066
057
787266247645
144075
Includes Assessment and Collection Allowance to
Outside Agencies in the amount of 6060138839
Note 1980 Population 5464265
56
DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOONTS
GENERAL FUND
YEAR ENDED JUNE 30 1986

mDEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
BALANCE SHEET
JUNE 30 1986
GOVERNMENTAL
FUND TYPE
Cash and Temporary Investments
126088503914
LIABILITIES
LIABILITIES AND FUND EQUITY
Undrawn Appropriation Allotments
FUND EQUITY
Fund Balance
Reserved
Designated for 1987 Appropriation to Peace Officer
and Prosecutor Training Fund 1
For Midyear Adjustment Reserve 2
For Revenue Shortfall Reserve 3
Unreserved
Surplus
Total Fund Equity
103938881597
866999264
5020725086
15062175259
20949899609
1199722708
22149622317
Total Liabilities and Fund Equity
126088503914
Notes 1 The Reserved Fund Balance for 1987 appropriation to the
Peace Officer and Prosecutor Training Fund was created
by Act No 451 of the 1983 Session of the General Assembly
2 The Reserved Fund Balance for Midyear Adjustment Reserve was
created by Act No 1423 of the 1982 Session of the General Assembly
3 The Reserved Fund Balance for Revenue Shortfall Reserve
was created by Act No 901 of the 1976 Session of the
General Assembly
The accompanying notes are an integral part of these financial statementsDEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF CHANGES IN FUND BALANCE
YEAR ENDED JUNE 30 1986

GOVERNMENTAL
FUND TYPE
FUND BALANCE JULY 1 1985
Reserved
Designated for 1986 Appropriation to
Department of Transportation
Designated for 1986 Appropriation to Peace
Officer and Prosecutor Training Fund
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
ADDITIONS
Excess of Funds Available over Allotments
DEDUCTIONS
Fund Balance Carried Over from
Prior Year as Funds Available
Reserved
Unreserved
288507565
770396262
4607813413
13823440239
19490157479
17966377896
37456535375
S 22149622317
19490157479
17966377896
37456535375
FUND BALANCE JUNE 30 1986
22149622317
The accompanying notes are an integral part of these financial statementsDEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
YEAR ENDED JUNE 30 1986
GOVERNMENTAL
FUND TYPE
FUNDS AVAILABLE
Remittance by Collecting Units of the State Net
Federal Assistance
Interior U S Department of
Bureau of Land Management
Payments in Lieu of Taxes
31 USC 69016907
Total Revenues
502072508644
502073703827
CARRYOVER FROM PRIOR YEAR
Transfer from Fund Balance
Reserved
Designated for 1986 Appropriation to
Department of Transportation
Designated for 1986 Appropriation to
Peace Officer and Prosecutor Training Fund
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
Total CarryOver from Prior Year
288507565
770396262
4607813413
13823440239
17966377896
37456535375
Total Funds Available
539530239202
EXPENDITURES
Legislative Appropriation to Spending Units
For Fiscal Year Ended June 30 1986
Less Current Year Funds Lapsed
Net Appropriation Fiscal Year Ended June 30 1986
Less Unreserved Fund Balance Surplus Lapsed
Net Allotments to Spending Units
Excess of Funds Available over Allotments
522594705800
2893486900
519701218900
2320602015
517380616885
22149622317
539530239202
The accompanying notes are an integral part of these financial statementsDEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1986
APPROPRIATION FOR FISCAL YEAR 1986
SPENDING UNIT
Administrative Services Department of
Operations
Debt Service Fund
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Community Affairs Department of
Corrections Department of
A Departmental Operations
B Correctional Institutions Transitional
Centers and Support
E Probations Division of
Defense Department of
Education Department of
Forestry Commission Georgia
General Assembly of Georgia
General Obligation Debt Sinking Fund State of Georgia
A Issued
B New
Governor Office of the
A Governors Office
A Governors Emergency Fund
B Planning and Budget Office of
C Units Attached for Administrative Purposes Only
Grants State Aid
To Counties
To Incorporated Municipalities
Human Resources Department of
A Departmental Operations
B Health Planning and Development State
C Community Mental HealthMental Retardation
Youth Services and Institutions
Industry and Trade Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Judicial Qualifications Commission
Juvenile Court Judges Council of
Labor Department of
Law Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles Board of
Personnel Board State Merit System of
Personnel Administration
Postsecondary Vocational Education Board of
Public Safety Department of
A Public Safety Department of
B Units Attached for Administrative
Purposes Only
Public School Employees Retirement System
Public Service Commission
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
A Resident Instruction
B Regents Central Office and Other Organized Activities
Revenue Department of
Secretary of State
A Secretary of State
B Real Estate Commission
Soil and Water Conservation Committee State
Student Finance Commission Georgia
Teachers Retirement System
Transportation Department of
Operations
Special Appropriations
Grants from Federal Government
Veterans Service State Department of
Workers Compensation State Board of
LEGISLATIVE
APPROPRIATION
4947199500
3179169700
786477100
449459400
2634410300
2626063600
15577358800
3094872600
405585900
196503452400
2932745200
1830885100
18916952100
2050000000
298850700
286247400
366853900
498672000
1191701300
1351700000
30890153700
66760600
35324427100
1395799600
783511800
2542041500
317448600
360641400
2837277900
28091200
64062100
10432500
19689900
552767600
599254800
27162891600
5939415500
1385970700
7463661800
5796198400
685709600
1331097500
691133200
524649300
55049922100
12728093500
5229786800
1666879500
118277900
90894400
1659364100
13679800000
41487106265
2101318035
1505196000
576322300
GOVERNORS
EMERGENCY BUDGET FUNDS
FUND ADJUSTMENTS 540800 LAPSED
3460000
3950000
1050000
131590300 540800 11503900
1917800
26900000
286247400
4775000
7126100
15584000
4000000
8441000
1173300
500000
1500000
1500000
48534900
3245000
2500000
500000
300000
6000000
6850000
517862500
6200000
2238276300
57100000
2340800
2450000
800000
31125800
2313300
3400000
1602400
522594705800
000 S 2893486900DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1986
BALANCE DOE
NET SPEHDING UNIT
APPROPRIATION JULY 1 1985
4951200300 24061713
2698000
3183119700 50327473
786477100 32142893
450509400 14492429
2753955900 2089272673
2626063600 181105400
15577358800 939544400
3094872600 216837500
407503700 42424282
196012489900 2928518846
2926545200 304167454
1830885100 264455696
16678675800 024
1992900000 452800000
298850700 15883304
000 000
371628900 6967022
505798100 4817200
1191701300 000
1351700000 000
30900383000 000
66760600 8667600
35328427100 158692800
1401899800 10839853
783511800 87668316
2543214800 39627921
317948600 000
360641400 77380
2838777900 36994067
28091200 2200100
64062100 3200935
10432500 843800
19689900 1300400
554267600 8602108
599254800 000
27162891600 2453774705
5978716900 2575418528
1389215700 55990900
2500000 250000
7464161800 25811757
5796198400 260461396
686009600 000
1331097500 050
683959500 69542493
524649300 20129400
55055922100 3255022000
12703817700 82153806
5229786800 501635332
1666879500 79475881
119877900 7519500
88581100 10987956
1659364100 29273500
13679800000 000
41487106265 50474720203
2100368035 1186610392
5219487474
1504393600 62569132
576322300 1701447
CASH
ALLOTMENTS
DRAWN
GRANTS
FROM FEDERAL
GOVERNMENT
4699836298
3003865367
811535319
457263945
4738850005
2526869000
15523903200
3062110100
370005292
181910753079
2741019733
1441447651
16678675824
1995615667
314234004
376320922
504989200
1191701300
1351700000
30058142100
75427700
35010550900
1284105070
754978395
2485658665
291992000
360367112
2843396986
30291300
66567599
9562300
20990300
554267600
581873692
24140605934
5661355948
1376406600
250000
7035030000
5717244317
653195076
1331097500
742179199
510239739
56004496500
11337812249
5068268181
1646398674
104932680
90000000
1661680400
13679800000
30170431608
602450000
38300000000
1484759488
576200479
519701218900 74301767441 526023702197
36807564380
36807564380
RETURNED BY SURPLUS BALANCE
SPENDING UNIT LAPSED JUNE 30 1986
171342020 104083695 2698000
13669434 215912372
12541351 12541351 7084674
2475123 2475123 7737884
7777467 7777467 104378568
30047312 30047312 280300000
102655723 102655723 993000000
41651983 41651983 249600000
1302368 1302368 79922690
238738657 16791517010
81021643 408671278
93203896 560689249 000 450084333
1694767 1694767 500000 000
8436836 8436836 2275000
12302212 12302212 5626100 000 000
138770068 138770068 842240900
15293395 15293395 500
223881165 223881165 476569000
552481645 552481645 128634583
45263925 70937796
14530802 14530802 97184056
25956600 000
6903052 6903052 351668
32374981 000
254146 254146 000
16912 17007 695341
832789 1676589 870200 000
4901388 13503496 000
1840480 1840480 17381108
6817288 5469243083
45746913 45746913 2892779480
14624825 14624825 68800000 2500000
17730893 437212664
28760852 310654627 32814524
050 000
9011709 9011709 11322794 34538961
65966851 65966851 2306447600
83249500 83249500 1448159257
1203470 69159582 595197839
11974411 87982296
3347158 19117562
363004 9206052
3055092 3055092 26957200
79891 79891 000 61791394860
52179599 52179599 2684528427 3727051854
15015089 15015089 82203244
1911165 1911165 1823268
1472635088 2320602015 103938881597

STATE UNITS
BUDGET FUNDS
BALANCE SHEET
ALL STATE SPENDING UNITS EXCLUDING
UNITS OF THE UNIVERSITY SYSTEMBALANCE SHEET OF ALL STATE SPENDING UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
BUDGET FUNDS
JUNE 30 1986
CURRENT ASSETS
Cash and Temporary Investments
Accounts Receivable
Inventories
Prepaid Expense
21122192360
228100663206
1483637650
49313462
Total Assets
250755806678
LIABILITIES AND FUND EQUITY
LIABILITIES
FUND EQUITY
Fund Balances
Reserved
Unreserved
Surplus
Balance July 1 1985
Excess of Funds Available over Expenditures
For the Year Ended June 30 1986
Prior Years Adjustments and Increases
Decreases in Fund Balance
Prior Years Unreserved Funds Lapsed to
Department of Administrative Services Fiscal Division
Balance June 30 1986
Total Fund Equity
144498444605
104058400552
1701177956
100983704781
98165319201
2320602015
2198961521
106257362073
Total Liabilities and Fund Equity
S 250755806678
Receivables due to the Department of Administrative Services
from State Spending Units for services rendered and the
corresponding payables in the amount of 688987916 have
been eliminated from the above Balance Sheet
The above Balance Sheet does not include Fixed Assets
The accompanying notes are an integral part of these financial statements
67

STATE UNITS
BUDGET FUNDS
BALANCE SHEET
BY SPENDING UNITSBALANCE SHEET
BY SPENDING UNITS
BUDGET FUNDS
JUNE 30 1986
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Boxing Commission State
Community Affairs Department of
Corrections Department of
A Departmental Operations
B Correctional Institutions Transitional Centers and Support
E Probations Division of
Defense Department of
Education Department of
Employees Retirement System Administrative Expense Fund
Financing and Investment Commission Georgia State
Forestry Commission Georgia
General Assembly of Georgia
General Obligation Debt Sinking Fund State of Georgia
A General Obligation Debt Sinking Fund State of Georgia Issued
B General Obligation Debt Sinking Fund State of Georgia New
Governor Office of the
A Governors Office
A Governors Emergency Fund
B Planning and Budget Office of
C Units Attached for Administrative Purposes Only
Grants State Aid
To Counties
To Municipalities
Human Resources Department of
A Departmental Operations
B Health Planning and Development State
C Community Mental HealthMental Retardation Youth Services and Institutions
Industry and Trade Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Judicial Qualifications Commission
Juvenile Court Judges Council of
Labor Department of
Law Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles Board of
Personnel Board State Merit System of Personnel Administration
Postsecondary Vocational Education Board of
Public Safety Department of
A Public Safety Department of
B Units Attached for Administrative Purposes Only
Public School Employees Retirement System Expense Fund
Public Service Commission
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
A Resident Instruction
B Regents Central Office and Other Organized Activities
Revenue Department of
Secretary of State
A Secretary of State
B Real Estate Commission
Soil and Water Conservation Committee State
Sports Hall of Fame Board Georgia
Student Finance Commission Georgia
Subsequent Injury Trust Fund
Teachers Retirement System Expense Fund
Transportation Department of
Veterans Service State Department of
Workers Compensation State Board of
CASH AND
TEMPORARY ACCOUNTS
INVESTMENTS RECEIVABLE INVENTORIES
355010147 930534582 172260234
1381276 277525967 000
41615239 12531513 000
5848416 7737884 000
38754 000 000
000 4983222640 000
000 281075832 000
000 1136594384 000
000 249691498 000
000 147316297 000
000 20425456341 8955364
000 000 000
756056 000 000
000 464653689 50876913
20733800 560689249 000
000 000 000
000 450084333 000
14093401 7365242 000
000 000 000
19190730 2493200 000
4700367866 332888077 000
000 000 000
000 000 000
000 8734242202 132720616
663372 93370 000
000 3784804393 304652776
000 128791195 18546781
000 76825340 000
17319692 102723928 000
19821910 233875 000
4974809 356042 000
35792367 2421804 000
1923218 97003 000
320308 1313146 000
2475371 870200 000
000 2326212 000
109738568 644931705 30272500
8832976 24598472 000
487788982 7633257488 000
000 3153271989 29023648
000 68800000 000
14360536978 949210159 000
62199 638967611 000
000 328047809 000
87404054 41605149 000
000 000 000
60668506 23917143 000
000 67780971 000
2814400 2306447600 000
10413889 1448159257 000
000 598693818 4930297
000 93641240 000
000 19121094 000
40653 9393473 000
000 000 000
8799792 27458557 000
648515 000 000
19244469 000 000
712781729 167444745443 731398521
000 160819438 000
10089918 1823268 000
21122192360 228789651122
1483637650
Note Audits being performed by Independent Public Accounting Firms
These audits were not available at the time this report was
published The information shown above was furnished by the Agencies
The accompanying notes are an integral part of these financial statements
70BALANCE SHEET
BY SPENDING UNITS
BUDGET FUNDS
JUNE 30 1986
LIABILITIES ASP FUND EQUITY
FUND EQUITY TOTAL
UNRESERVED LIABILITIES
PREPAID EXPENSE TOTAL ASSETS LIABILITIES RESERVED FUND BALANCE AND
FUND BALANCE SURPLUS FUND EQUITY
000 S 1457804963 S 892752001 332745590 S 232307372 1457804963
000 278907243 224487581 000 54419662 278907243
000 54146752 26428451 000 27718301 54146752
70500 13656800 2567933 000 11088867 13656800
000 38754 000 000 38754 38754
000 4983222640 4977966164 000 5256476 4983222640
000 281075832 226002213 000 55073619 281075832
000 1136594384 1049708317 4100884 82785183 1136594384
000 249691498 188103428 000 61588070 249691498
000 147316297 120164583 14842154 12309560 147316297
25000 20434436705 20342471111 89324568 2641026 20434436705
000 000 000 000 000 000
000 756056 000 756056 000 756056
000 515530602 431536764 50876913 33116925 515530602
000 581423049 13483400 134241000 433698649 581423049
000 000 000 000 000 000
000 450084333 450084333 000 000 450084333
000 21458643 14443112 4804237 2211294 21458643
000 000 000 000 000 000
000 21683930 8744972 6159720 6779238 21683930
000 5033255943 369574122 4649923938 13757883 5033255943
000 000 000 000 000 000
000 000 000 000 000 000
41385332 8908348150 8214145200 613018595 81184355 8908348150
881359 1638101 1585592 000 52509 1638101
4058592 4093515761 3422631194 484010272 186874295 4093515761
000 147337976 119232229 18546781 9558966 147337976
000 76825340 11699347 18797812 46328181 76825340
5300 120048920 60015460 29738293 30295167 120048920
25700 20081485 18020962 000 2060523 20081485
15000 5345851 3162086 000 2183765 5345851
000 38214171 12445217 000 25768954 38214171
000 2020221 1785250 000 234971 2020221
000 1633454 1568212 000 65242 1633454
000 3345571 146725 000 3198846 3345571
000 2326212 2253931 71325 956 2326212
136579 785079352 480586358 280857490 23635504 785079352
000 33431448 13818512 000 19612936 33431448
12250 8121058720 391501312 7460844023 268713385 8121058720
000 3182295637 2989785718 180766071 11743848 3182295637
000 68800000 54213685 181343 14404972 68800000
000 15309747137 819476217 14490270920 000 15309747137
000 639029810 630073903 301681 8654226 639029810
1632000 329679809 279503354 5500000 44676455 329679809
000 129009203 86092781 2864672 40051750 129009203
000 000 000 O00 000 000
315000 84900649 77573053 84574 7243022 84900649
000 67780971 67266645 466141 48185 67780971
000 2309262000 2309262000 000 000 2309262000
000 1458573146 1455638707 000 2934439 1458573146
750850 604374965 386958045 3100000 214316920 604374965
000 93641240 82700444 3628424 7312372 93641240
000 19121094 15182459 000 3938635 19121094
000 9434126 9000254 000 433872 9434126
000 000 000 000 000 000
000 36258349 34525882 000 1732467 36258349
000 648515 648515 000 000 648515
000 19244469 000 4403169 14841300 19244469
000 168888925693 93658227999 75173173906 57523788 168888925693
000 160819438 137939272 000 22880166 160819438
000 11913186 247516 000 11665670 11913186
s 49313462 251444794594 145187432521 104058400552 2198961521 251444794594
STATE UNITS
BUDGET FUNDS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
ALL STATE SPENDING UNITS EXCLUDING
UNITS OF THE UNIVERSITY SYSTEMSTATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE SPENDING UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
FUNDS AVAILABLE
STATE APPROPRIATIONS
General Appropriations
Amended Appropriations
Supplementary Appropriations
Less Lapsed Funds
FEDERAL FUNDS
Grants from U S Government
483800000000
13400000000
25394705800
522594705800
2893486900 519701218900
196949104563
DEPARTMENTAL FUNDS
Taxes
Donations
Interest Earned
Contributions from Public Trust Funds
Earnings from Services
Total Revenues
CARRYOVER FROM PRIOR YEAR
6060138839
4579019
1438275723
555469506
71089761570
79148224657
S 795798548120
Transfer from Reserved Fund Balance
92026903920
Total Funds Available
387825452040
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation
Assessments by Merit System
REGULAR OPERATING EXPENSES
5958356776
15137849481
5047558727
115721600
21219482
809524568
485216085
88746008344
27575446719 116321455063
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Direct Benefits Medical Care and Public Assistance
Tuition and Scholarships
Grants to Counties Cities and Civil Divisions
Other Operating Expenses
Extraordinary Expenditures
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
28410
92537
19442
6281
2193
5409
2922
16
68689
67
7137
10139
248
96741
17209
57174
70736
17417
05823
66086
89209
47876
56346
60000
14937
92291
24349691845
1783024960
1498976989
1017460431
3127194543
Supplies and Materials
Repairs and Maintenance
LeasePurchase of Equipment
Rents Other than Real Estate
Other Expenditures
Software
Equipment Purchases
Per Diem and Fees
Contracts
Computer Billings DOAS
REAL ESTATE RENTALS
TELECOMMUNICATIONS
70248716
167340009
21839064
17108610
5875561
90102805
703069239
90193681
831742080
4180211856
6177731621
2988669584
1894188448STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE SPENDING UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
EXPENDITURES
PER DIEM FEES AND CONTRACTS
Per Diem and Fees
Contracts
8794714870
16096918503 S 24891633373
CAPITAL OUTLAY
Other Costs
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Rents Other than Real Estate
Grants to Counties Cities and Civil Divisions
Other Expenditures
Travel
Equipment Purchases
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
AUTHORITY LEASE RENTALS
190220
20929460
30078229
44418
1863401300
190032
102047900
71716186128
1914833659
132000
357470423
150300
71818234028
GENERAL OBLIGATION DEBT SINKING FUND
74090820410
3027143626
19048994934
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
Other Costs
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Utilities
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Direct Benefits Medical Care and Public Assistance
Tuition and Scholarships
Grants to Counties Cities and Civil Divisions
Other Expenditures
Extraordinary Expenditures
Travel
Publications and Printing
Equipment Purchases
Computer Charges
Computer Billings DOAS
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Capital Outlay
Authority Lease Rentals
Total Expenditures
Excess of Funds Available over Expenditures
11806100
708635
1627952
570780
265000000
20632
2867
983086
2252649861
344999123
2520430371
2129216828
600050000
77307618
106004810793
1731289100
342752832012
20205676103
50000000
712654913
22322932941
279736966
478670244895
1501128
136702161
31492801
184514000
3252174723
23035587854
673710104
359096800 506624761432
786841747259
100983704781
Includes assessment and collection allowance to
outside agencies in the amount of 6060138839
887825452040
The accompanying notes are an integral part of these financial statementsSTATE UNITS
BUDGET FUNDS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITSFUNDS AVAILABLE
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
ADMINISTRATIVE
SERVICES
DEPARTMENT OF
AGRICULTURE
DEPARTMENT OF
AUDITS AND
ACCOUNTS
DEPARTMENT OF
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
519701218900
196949104563
79148224657
795798548120
92026903920
4951200300
13406911
8843101336
13807708547
138296861
3183119700
397629678
83613167
3664362545
134040
786477100
000
126558932
913036032
Total Funds Available
887825452040
13946005408
3664496585
913036032
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
116321455063
24349691845
1783024960
1498976989
1017460431
3127194543
6177731621
2988669584
1894188448
24891633373
74090820410
3027143626
19048994934
506624761432
3043306360
789614948
22041087
60978281
29695098
263235552
745661799
280648658
45666526
220163326
000
000
000
8080610626
2330695549
233732491
92297632
28141276
60271817
21817042
16936835
59953222
34137784
37354219
14000000
000
000
687822568
750652754
22928835
52199855
18895500
1967383
1102972
10606994
23849000
3084066
913282
000
000
000
000
786841747259
100983704781
13581622261
364383147
3617160435
47336150
886200641
26835391
887825452040 S
13946005408
3664496585
913036032STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
BANKING AND
FINANCE
DEPARTMENT OF
BOXING
COMMISSION
STATE
COMMUNITY
AFFAIRS
DEPARTMENT OF
CORRECTIONS DEPARTMENT OF
DEPARTMENTAL
OPERATIONS
CORRECTIONAL
INSTITUTIONS
TRANSITIONAL
CENTERS
AND SUPPORT
E
PROBATIONS
DIVISION OF

450509400
000
337500
450846900
415000
000
50000
465000
2753955900
3220550180
97650146
6072156226
2626063600
1821090
66641778
2694526468
15577358800
62920492
277691096
15917970388
3094872600
000
416604255
3511476855

9392578
15927362966
3511476855
351417030 S 000 S 402973627 1005396833 10693346190 30 51161689
16228621 18500 19469759 63294588 1854347056 92842077
23607356 000 15918859 39856187 10659144 41236696
13765289 000 2738516 84174663 152110230 19010813
1234557 2770 12703427 8962455 9429064 8092648
1489382 000 2251286 19881819 309727011 38959170
13682257 000 6130796 162012989 21257395 20811100
15024792 000 19909128 101201148 28803940 84034224
3332280 24094 7449794 28677317 102715512 45641003
7809 1 23170 155927941 107336882 30202655 1269284
000 000 000 000 257400000 20080000
000 000 000 000 44000000 000
000 000 000 000 000 000
000 000 5421514791 6066987924 1022463040 2643257921 2339227210 15853225407 34 27172481
439789373 1 68534 50311185
11057527 2 96466 5168302 51268547 74137559 61165670
450846900 4 65000 6072156226 2694526468 15927362966 35 11476855
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
FUNDS AVAILABLE
DEFENSE
DEPARTMENT OF
EDUCATION
DEPARTMENT OF
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
407503700
767723444
50479098
196012489900
27639021602
82530121
1225706242 223734041623
4882210
Total Funds Available
1230588452
223742550661
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
573315033
203932384
5150319
1523517
2664664
36415153
3418030
660000
7545207
29937507
1402600
000
000
337784848
1203749262
26839190
3017351697
329334720
94030454
1866240
58568756
25985955
272825692
193392760
53848661
1074375600
2000000
000
000
219494786740
224618367275
875816414
1230588452 S 223742550861 STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
GENERAL OBLIGATION DEBT SINKING FUND
EMPLOYEES FINANCING STATE OF GEORGIA
A 3ENERAL OBLIGATION B GENERAL OBLIGATION
SYSTEM ADMINISTRATIVE AND INVESTMENT COMMISSION FORESTRY COMMISSION GENERAL ASSEMBLY GEORGIA OF GEORGIA DEBT SINKING FUND STATE OF GEORGIA ISSUED DEBT SINKING FUND STATE OF GEORGIA NEW
000 000 174521432 000 000 100571070 S 2926545200 134833721 414209305 1830885100 000 43000 16678675800 000 000 1992900000 000 000
t 174521432 100571070 3475588226 1830928100 16678675800 1992900000
000 1168979 000 225721000 000 000
174521432 101740049 S 3475588226 2056649100 16678675800 1992900000
71188901 79987404 S 2175547480 855954822 000 000
1695506 2017648 572761513 162301251 000 000
648520 OOO 686375 000 15888708 177337507 156808029 000 000 000 000 000
2384385 111345 10642714 36876000 000 000
1158520 46050 246283570 14714100 000 000
22303382 1162782 17145344 27146415 000 000
8869231 8612800 2952769 6221000 000 000
1336366 909589 66716737 41824300 000 000
58189022 7450000 51299399 33621292 000 000
000 000 29395751 55000000 000 000
000 000 000 000 000 000
000 000 000 000 16678675800 1992900000
6747599 000 87482589 98242242 000 000
174521432 100983993 3453454081 1488709451 s 16678675800 1992900000
000 756056 22134145 567939649 000 000
174521432 101740049 3475588226 2056649100 16678675800 1992900000


81
FUNDS AVAILABLE
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 19
A
GOVERNORS
OFFICE
GOVERNOR OFFICE OF THE
GOVERNORS
EMERGENCY
FUND
PLANNING
AND BUDGET
OFFICE OF
UNITS ATTACHED FOR
ADMINISTRATIVE
PURPOSES ONLY
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
S 298850700
6968473
14405725
320224898
567753
000
000
000
000
371628900
10491808
16495745
398616453
505798100
5578330796
106142648
6190271544
174957238
Total Funds Available
320792651
402203764
6365228782
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
198585816
32775129
4308010
000
3177791
8440018
9188724
6429200
10942693
9296250
000
000
000
30693038
313836669
6955982
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
306656884
9387726
5693559
000
4299772
415818
13549413
19083600
4230788
26399740
000
000
000
000
284060000
13269567
7540722
200000
10943417
777478
5282827
24732900
12641530
1107501887
000
000
000
238245550
389717300
12486464
1705195878
4660032904
320792651
402203764
6365228782STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
TO COUNTIES
GRANTS STATE AID
TO MUNICIPALITIES
HUMAN RESOURCES DEPARTMENT OF
A
DEPARTMENTAL
OPERATIONS
HEALTH PLANNING
AND DEVELOPMENT
STATE
C
COMMUNITY MENTAL
HEALTHMENTAL
RETARDATION YOUTH
SERVICES AND
INSTITUTIONS
INDUSTRY
AND TRADE
DEPARTMENT OF
1191701300
000
000
1191701300
1351700000
000
000
1351700000
30900383000
44298720319
4153043002
79352146321
66760600
29430528
5222270
101413398
35328427100
3861991295
12135161837
51325580232
1401899800
000
104052984
1505952784
177886644
414818216
1191701300
1351700000
79530032965 S
101413398
51740398448
1505952784
000 s 000 s 13083683683 71169345 27491632681 514940603
2 60000000 4 200 00000 7607249849 4423798 2923026071 79531655
000 000 356809848 847599 60818778 30344427
000 000 5498399 000 64999013 1271900
000 000 156767864 254038 6837731 29075273
000 000 160516868 872115 315052190 2730657
000 000 1728869919 3415438 257571994 16624726
000 000 606078664 8683200 51332413 41118913
000 000 352598125 1731778 239184681 18422418
000 000 8858743613 8615695 1086937328 25867589
9 31701300 9 317 00000 30361300 000 269831840 000
000 000 000 000 267900000 000
000 000 000 000 000 000
000 000 46506546434 1400392 18075866070 740297620
11 91701300 13 517 00000 s 79453724566 101413398 51110990790 1500225781
000 000 76308399 000 629407658 5727003
11 91701300 13 517 00000 79530032965 101413398 51740398448 1505952784
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
FUNDS AVAILABLE
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
INSURANCE INVESTIGATION
DEPARTMENT OF GEORGIA BUREAU OF
783511800
25773065
96547251
905832116
2543214800
62499289
162061703
2767775792
12831786
Total Funds Available
922012611 2780607578
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
675741210
35167298
27113112
6643750
14203448
9519159
24095452
46932400
13541134
4836942
000
000
000
000
357793905
64218706
1679983967
184567863
52351057
106171780
9715991
89464513
243061659
144911400
123243956
5169331
15073200
000
000
68166721
2721881438
58726140
922012611
2780607578 STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BY SPENDING UNITS BUDGET FUNDS YEAR ENDED JUNE 30 1986 JUDICIAL SYSTEM
SUPREME COURT 317948600 000 39092811 COURT OF APPEALS 360641400 000 6028109 CONTINUING SUPERIOR JUDICIAL EDUCATION COURTS INSTITUTE OF JUDICIAL COUNCIL 64062100 617805 4212177 JUDICIAL QUALIFICATIONS COMMISSION
2838777900 S 28091200 10315617 1739083 45741021 6465239 10432500 000 000

357041411
366669509 S
2894834538
36295522
92082
357078911
366669509 S
2894834538
92082
357078911
366669509
2894834538
36295522
68892082
85
10432500
245022429 321168990 27 36536523 000 44168189 000
22780760 8988374 44139369 2155715 2767617 300164
2422927 2194367 43122518 000 937040 000
000 000 000 000 000 000
11253335 2710887 6768873 7808051 5060328 530443
7460244 8524875 5294205 120000 000 000
29294332 000 2201389 94195 4016185 000
17577252 14258751 6079245 000 2167496 74800
2634356 3307254 3520934 000 712961 77919
16919287 3404155 21534926 25968418 9014445 6250328
000 000 000 000 000 000
000 000 000 000 000 000
000 000 000 000 000 000
000 000 000 000 000 000
I 355364922 364557653 28 69197982 36146379 68844261 7233654
1713989 2111856 25636556 149143 47821 3198846
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
JUDICIAL SYSTEM
JUVENILE
COURT
JUDGES
COUNCIL OF
LABOR
DEPARTMENT OF
FUNDS AVAILABLE
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
19689900
38393110
327825
58410835
992428
554267600
11968637935
415270432
12938175967
26512526
Total Funds Available
59403263 S
12964688493
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
19626523 5105963429
629503 720000602
2059432 94356493
000 3462730
910566 5021330
224800 41994652
7030791 225878912
637500 206839105
488828 128730099
27723995 111961481
000 64349280
000 000
000 40000000
000 6176518125
59331938 12925076238
71325 39612255
59403263 12964688493
STATEMENT OF FUNDS AVAILABLE ASP EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
LAW
DEPARTMENT OF
MEDICAL
ASSISTANCE
DEPARTMENT OF
NATURAL
RESOURCES
DEPARTMENT OF
PARDONS
AND PAROLES
BOARD OF
PERSONNEL BOARD
STATE MERIT
SYSTEM OF
PERSONNEL
ADMINISTRATION
POSTSECONDARY
VOCATIONAL
EDUCATION
BOARD OF
599254800
000
47517492
646772292
27162891600
55467870973
2685117802
85315880375
5973301900
1290699712
1140385599
8404387211
1389215700
976000
116257
1390307957
2500000
000
25269883330
25272383330
7464161800
1121777206
82664574
8668603580
6219637226
105233330
12097651792
646772292
91535517601
8509620541
1390307957
37370035122
8668603580
513815879 712370521 S 4369977740 11 14254081 467128826 6 95693198
32919762 40691465 835284551 48728670 11217364 1 18315418
13099580 12372792 57350697 40086568 6123081 10455598
000 647400 120194170 4310685 000 3853168
4448650 3252212 52886635 4529013 17965817 5403976
1317764 8321858 245870486 14323515 2157241 83515390
7529610 608697138 47616080 17345280 154441703 16412039
31460600 77182687 113426466 71450067 68573600 13323652
8486268 19862947 76545690 28718923 7113487 8890217
5674145 1365931803 245713922 10193936 2397944538 1 02696339
000 000 164046762 000 000 4020000
000 000 123399948 000 000 000
000 000 000 000 000 000
9593646 80794625780 1897435747 21949600 19748067858 75 97989676
628345904 83643956603 8349748894 13 75890338 22880733515 86 60568671
18426388 7891560998 159871647 14417619 14489301607 8034909
646772292 91535517601 8509620541 13 90307957 37370035122 86 68603580
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
PUBLIC SAFETY DEPARTMENT OF
PUBLIC
SAFETY
DEPARTMENT OF
UNITS ATTACHED
FOR ADMINISTRATIVE
PURPOSES ONLY
PUBLIC SCHOOL
EMPLOYEES
RETIREMENT
SYSTEM EXPENSE
FUND
PUBLIC SERVICE
COMMISSION
FUNDS AVAILABLE
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
5796198400 S
15397537
185101556
5996697493
686009600
273731277
22170932
981911809 S
1331097500
000
000
1331097500
583959500
39779235
000
723738735
Total Funds Available
6002470870
981911809
1331097500
723738735
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
4298097867 2 97508926 000 4 03459808
597607795 69900607 000 23176606
11771481 11038341 000 13546296
371142201 13398033 000 6640450
59733475 5941868 000 2331466
63008802 13693775 000 4712643
277825178 23840721 000 15112793
791500 12639556 000 23722848
67199109 6457883 000 9880715
10810092 55899965 000 2 13843972
11000000 000 000 000
000 000 000 000
000 000 000 000
193247964 4 28675712 13 310 97500 000
5962235464 9 38995387 13 310 97500 S 7 16427597
40235406 42916422 000 7311138
6002470870 9 81911809 L3 10 97500 S 7 23738735
STATEMENT Of FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
REGENTS OF THE UNIVERSITY SYSTEM
OF GEORGIA BOARD OF
A RESIDENT INSTRUCTION B REGENTS CENTRAL OFFICE AND OTHER ORGANIZED ACTIVITIES REVENUE DEPARTMENT OF SE
TELECOMMUNICATIONS COMMISSION GEORGIA A SECRETARY OF STATE
SECRETARY OF STATE
REAL ESTATE
COMMISSION
524649300
11808922
299022767
835480989
55055922100
000
196212900
55252135000
12703817700
000
8966392
12712784092
5229786800
000
6364457653
11594244453
1666879500
8862368
22339587
1698081455
119877900
000
518935
120396835
287178
35768167
55252135000
12712784092 S
11595447923
1701760365
120396835
386812014 000 377873982 3247926906 1048351032 66674888
335363292 000 24065965 95559578 142314158 9731973
8983563 000 11802138 123018413 19788906 965261
000 000 000 4568915 11095683 000
944496 000 11540537 202819781 36427864 2541719
14347976 000 14492317 117523659 19781792 342143
1953 000 1154857 680753087 74668749 19271407
000 000 15725800 155850556 175759492 3780000
8459652 000 8735416 55160313 25838050 3159469
80127830 000 28660200 6005227071 53002242 9991340
000 000 000 000 000 000
000 15 582 66900 000 000 000 000
000 000 000 000 000 000
000 536 938 68100 12215926900 719288692 84133864 000
835040776 552 521 35000 12709978112 11407696971 1691161832 116458200
727391 000 2805980 187750952 10598533 3938635
835768167 552 521 35000 12712784092 11595447923 1701760365 S 120396835
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
SOIL AND WATER
CONSERVATION
COMMITTEE STATE
SPORTS HALL
OF FAME BOARD
GEORGIA
FUNDS AVAILABLE
STATE APPROPRIATION
GRANTS FROM U S GOVERNMENT
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
88581100
357521
000
88938621
5000000
000
46399
5046399
Total Funds Available
38621
5046399
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE EQUIPMENT PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
COMPUTER CHARGES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
CAPITAL OUTLAY
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
i 59947018 2200000
5710226 1855945
4869745 12840
000 000
1779140 000
257960 000
168101 000
3149328 659856
1467805 101116
11423868 216642
000 000
000 000
000 000
000 000
88773191 5046399
165430 000
88938621 5046399
Note Audits being performed by Independent Public Accounting
Firms These audits were not available at the time this
report was published The information shown above was
furnished by the Agencies
The accompanying notes are an integral part of these financial statementsSTATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY SPENDING UNITS
BUDGET FUNDS
YEAR ENDED JUNE 30 1986
STUDENT FINANCE
COMMISSION
GEORGIA
SUBSEQUENT INJURY
TRUST FUND
TEACHERS
RETIREMENT
SYSTEM
EXPENSE FUND
TRANSPORTATION
DEPARTMENT OF
VETERANS
SERVICE STATE
DEPARTMENT OF
WORKERS
COMPENSATION
STATE BOARD OF
1659364100
000
342067199
2001431299
000
000
39290828
39290828
13679800000 S
000
330719392
14010519392
43587474300
40275997286
14062299563
97925771149
1504393600
310030285
20861
1814444746
576322300
000
4431624
580753924
1562712
72375399122
2001431299
39290828
14012082104 170301170271 S
1814444746
580753924
269904453
18007231
4968156
000
8332010
974370
24996353
000
9097243
4150000
000
000
000
1659364100
24218187
1963372
896052
000
530531
1198527
280759
3278383
372783
6552234
000
000
000
000
192364393
5081265
2317707
000
5704001
631215
71267659
11106900
5475679
25152171
000
000
000
13673736645
jl
LL
15788646747
5179128293
153934639
214336880
61445255
877715528
202013332
107757448
170164324
1078459898
71289458377
1033576778
337419134
1724087847
363037394
5589204
7980188
000
2098440
7186324
000
19377620
5866035
1034143
000
000
000
1382113417
439955562
11798148
5693808
000
7857324
1346084
23057056
48583714
8216634
14610224
000
000
000
7969700
1999793916
1637383
39290828
000
13992837635
19244469
98218144480
72083025791
1794282765
20161981
569088254
11665670
2001431299
39290828
14012082104 170301170271
1814444746
580753924

STATE REVENUE COLLECTIONS FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITSSTATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1986
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Boxing Commission State
Corrections Department of
Education Department of
Employees Retirement System
General Assembly of Georgia
Governor Office of the
Human Resources Department of
Industry and Trade Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Labor Department of
Law Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles Board of
Postsecondary Vocational Education Board of
Public Safety Department of
Public Service Commission
Regents of the University System of Georgia Board of
Revenue Department of
Secretary of State
Soil and Water Conservation Committee State
Transportation Department of
Workers Compensation State Board of
RENTS ON
CASH BALANCE TAXES FINES INVESTMENT
JULY 1 1985 AND FORFEITS PROPERTIES
5 1169520 000 S 6001 02717
33573567 942500 000
000 000 000
000 1293400 000
258500 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
40277236 000 000
000 000 000
1426914 111 43824118 000
000 2390000 000
4960093 000 000
000 000 000
4280377 1 41699210 000
000 000 000
2182435 000 000
168300 12 25346376 000
000 000 000
000 000 000
2500 6 38407800 000
500000 000 000
000 000 000
502259806 4717 54874161 000
46988480 000 000
000 000 000
000 000 000
000 000 000
638042728 S 484908777565 S
600102717
The accompanying notes are an integral part of these financial statements
STATEMENT OF CASH RECEIPTS AHD DISBURSEMENTS
3Y STATE UNITS
STATE REVENUE COLLECTIONS FOND
YEAR ENDED JUNE 30 1986
DISBURSEMENTS
TRANSFERS TO
STATE REVENUE COLLECTIONS DEPARTMENT OF ADMINISTRATIVE
EARNINGS FROM
FEES RENTS AND SERVICES FISCAL CASH BALANCE
INTEREST EARNED SALES FOR SERVICES 123180766 TOTAL 9832415954 DIVISION JUNE 30 1986
9109132471 9819653352 S 13932122
000 426663971 427606471 428719787 32460251
000 40544500 40544500 40544500 000
000 432995338 434288738 434288738 000
000 1183500 1183500 1442000 000
000 49547757 49547757 49547757 000
000 595000 595000 595000 000
000 110000000 110000000 110000000 000
000 3909310 3909310 3909310 000
000 820150 820150 820150 000
000 1416064682 1416064682 1328863616 127478302
000 14411707 14411707 14411707 000
000 58815130 11202639248 10136520001 1067546161
000 8305392 10695392 10680392 15000
000 17780775 17780775 17500858 5240010
000 6614200 6614200 6614200 000
000 5498176 147197386 151477763 000
000 2669577 2669577 2669577 000
59363906 000 59363906 61546341 000
000 1316412 1226662788 1222958503 3872585
000 44155672 44155672 44155672 000
000 668400 668400 668400 000
000 733496071 1371903871 1371904071 2700
000 258134700 258134700 258377700 257000
8815840 18738564 27554404 27554404 000
000 2147444767 473902318928 474393587777 10990957
000 1525917982 1525917982 1571406107 1500355
000 286000 286000 286000 000
000 106000 106000 106000 000
000 561698961 561698961 561698961 000
9177312217 8011563460 502697755959 S 502072508644 1263290043
DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
STATE OF GEORGIA
GENERAL OBLIGATION DEBT SINKING FUND
YEAR ENDED JUNE 30 1986DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
COMBINED BALANCE SHEET
FUND TYPE AND ACCOUNT GROUP
JUNE 30 1986
ASSETS
Cash and Temporary Investments
Amount Available in Debt Service Fund
Amount to be Provided for Retirement
of General LongTerm Debt Note 1
GOVERNMENTAL
FUND TYPE
DEBT SERVICE
ACCOUNT GROUP
GENERAL
LONGTERM
DEBT
TOTAL
Memorandum
Only
453254030 453254030
453254030 453254030
142611245970 142611245970
Total Assets
453254030 143064500000 143517754030
LIABILITIES AND FUND EQUITY
LIABILITIES
General Obligation Bonds Payable
FUND EQUITY
Fund Balance
Reserved
For Debt Service
143064500000 143064500000
453254030
453254030
Total Liabilities and Fund Equity
453254030 143064500000 143517754030
Note 1 The 142611245970 shown above will be from future appropriations
in accordance with Article VII Section IV Paragraph III of the
Constitution of the State of Georgia and is only that portion of
appropriations to be provided for retirement of bonds Additional
appropriations will be made to provide for payment of interest as
the interest becomes due
Special Note The Bond Proceeds Fund and Construction Fund are included in the audit
report of the Georgia State Financing and Investment Commission
The accompanying notes are an integral part of these financial statements
99 DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
DEBT SERVICE FUND
YEAR ENDED JUNE 30 1986
CASH RECEIPTS
OTHER REVENUES RETAINED
From General Obligation Debt Sinking Fund Budget Funds
Discount on Bonds Retired in Advance of Due Date
Less Accrued Interest
Financing and Investment Commission Georgia State
For Bonds Retired in Advance of Due Date
Interest Received
Proceeds of General Obligation Refunding Bonds 1986B
Par Value
Less Issuance Costs
Original Issue Discount
Underwriting Discount
State Agencies for Retirement of Bonds
Labor Department of
Transportation Department of
Total Cash Receipts
CASH BALANCE JULY 1 1985
891013
212471885
433185075
398490485
37344304
18671575800
361146181
4301853819
479459757
44157500000
646547973
S 40000000
337419134
43510952027
377419134
67702406718
4933316714
DISBURSEMENTS
72635723432
EXPENSE
Interest on Bond
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981C
1981D
1982A
1982B
1982C
1982D
1982E
1982F
1983A
1983B
1983C
1984A
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
Payment to Refunded Bond Escrow Agent
For Interest on Refunded Bond Issues
J 82786500
143056125
146558750
123558500
184101500
161706250
214691250
26901250
93030500
111435000
83776250
6910000
32998000
15626500
237779375
200849000
385554500
823440000
582206500
53977500
139937500
1216370250
35976250
270915500
270481750
224440000
94276000
307107500
71012000
160163500
790951875
75391000
212567750
20404375
87042000
989804250
73635500
1062363500
303938500
87730000 10205452250
8951517152
19156969402DEPARTMENT OF ADMINISTRATIVE SERVICES
FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
DEBT SERVICE FUND
YEAR ENDED JUNE 30 1986
DISBURSEMENTS
DEBT RETIREMENT
Bonds Redeemed
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981C
1981D
1982A
1982B
1982C
1982D
1982E
1982F
1983A
1983B
1983C
1984A
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
1986B
Bonds Refunded
1981A
1981C
1981D
1982B
1982E
1984B
1985A
1985C
1985H
770
1415
1040
1450
1745
2035
2285
370
1235
1300
1175
150
520
305
3675
7010
1695
3985
485
155
7430
2325
1875
13660
885
10380
4790
9730
2720
5855
2825
2150
640
535
170
24700
1875
5515
8145
4500
30425
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
8828000000
4363500000
294500000
7786000000
2493500000
8137500000
1995000000
583500000
1151000000
17393000000
Total Disbursements
CASH BALANCE JUNE 30 1986
35632500000 53025500000
72182469402
453254030
Bond principal and interest due July 1st each
year are paid prior to June 30th each year
Note All paying agents fees and other items of
expense are paid by the Georgia State Financing
and Investment Commission
72635723432
The accompanying notes are an integral part of these financial statementsOLD STATE FIXED DEBTOLD STATE FIXED DEBT
Does not include Current Operation Obligations
PLEDGE OF FULL FAITH AND CREDIT

NEGOTIABLE BONDS
Due but not presented
General State Bonds of 1838 and 1879
Less Cash Reserve
Net Negotiable Old State Debt
JUNE 30 1986
JUNE 30 1985
1550500
1550500
000
1550500
1550500
PLEDGE OF ROAD REVENUE APPROPRIATION
Certificates of Debt to Counties No Interest
Due but not presented
1940 Refunding Certificates of Indebtedness
Less Cash Reserve
Net Debt to Counties
10000
10000
10000
10000
Total Old State Debt Outstanding
Less Cash Reserve
1560500
1560500
1560500
1560500
et Old State Fixed Debt
All old General State Bonds of the State of Georgia
are past due but have not been presented for redemption
Funds are held in the Department of Administrative
Services Fiscal Division as a reserve to liquidate
this obligation if and when the past due outstanding
bonds and coupons are presented
The accompanying notes are an integral part of these financial statements
105SCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGEDSCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGED
Outstanding as of June 30 1986
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981B
1981C
1981D
1982A
1982B
1982C
1982D
1982E
1982F
1983A
1983B
1983C
1984A
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
1986A
1986B
DATE
OF ISSUE
9174
11174
1175
4175
7175
9175
11175
1176
4176
6176
8176
11176
2177
5177
7177
9177
5180
7181
10181
10181
12181
2182
2182
4182
7182
7182
10182
5183
8183
11183
4184
7184
7184
1185
1185
3185
3185
5185
7185
7185
10185
4186
9186
ORIGINAL AMOUNT
OF ISSUE OUTSTANDING 1307500000 MATURITIES
2000000000 S 19861999
3870000000 2365500000 19861999
3500000000 2203000000 19872000
3840000000 1952500000 19872000
5000000000 2941000000 19872000
3910000000 2489500000 19862000
4772000000 3313500000 19862000
815000000 448500000 19871996
2731000000 1553500000 19871996
3189000000 1930500000 19871996
2640000000 1577500000 19861996
345000000 137000000 19861994
1153500000 621500000 19871997
650000000 298000000 19871997
7712500000 4630000000 19871997
7682000000 3985000000 19861997
6400000000 5133000000 19872005
15000000000 3324000000 19872001
400000000 None
5285000000 681500000 19862001
565000000 179500000 19862001
3431000000 832500000 1987
12137500000 2062500000 19872002
860000000 206500000 1987
6247000000 1514500000 1987
5384000000 857500000 19872002
5545000000 2528000000 19861987
2414000000 1039500000 19871988
7617000000 4295500000 19861988
1496500000 976000000 19861988
3490000000 1738500000 19871989
12667000000 3551500000 19872004
1170000000 757000000 19871989
3800000000 1219000000 19872005
315500000 262000000 19871990
1000000000 355500000 19872005
14564500000 12094500000 19871991
1125000000 937500000 19871991
13166500000 12615000000 19872005
4900000000 4085500000 19871990
2350000000 749000000 19861996
8200000000 8200000000 19871991
44157500000 41115000000 19862000
237498000000 143064500000

The accompanying notes are an integral part of these financial statementsSCHEDULE OF VARIOUS AUTHORITY BONDS OUTSTANDING
FOR THE PAYMENT OF WHICH THE STATE OF
GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE
IS PLEDGED
SCHEDULE OF VARIOUS AUTHORITY BONDS OUTSTANDING
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGED
Outstanding as of June 30 1986
Georgia Highway Authority
Georgia Education Authority Schools
Georgia Education Authority University
Georgia Building Authority
Georgia Building Authority Hospitals
Georgia Building Authority Markets
Georgia Building Authority Penal
Georgia Ports Authority
Jekyll Island State Park Authority
Stone Mountain Memorial Association
ORIGINAL
AMOUNT
OF ISSUE
49273500000
52237400000
35898500000
3355000000
8876000000
1392500000
1200000000
4353500000
2137000000
1455000000
OUTSTANDING
0002
0003
62375000004
180500000
16330000005
1690000005
2985000005
1154000000
413000000
214500000
160178400000
10300000000
Notes 1 Constitutional Amendment of 1960 provides that appropriations
shall be made in each year under lease contracts now or
hereafter entered into between the State and any State
Authority
Constitutional Amendment of 1972 provides When any general
obligation debt has first been incurred by the delivery of such
debt to the purchasers thereof then and from the date of such
delivery the State and all State institutions departments
and agencies of the State shall be prohibited from entering
into any contract except contracts pertaining to guaranteed
revenue debt with any public agency public corporation
authority or similar entity if such contract is intended to
constitute security for bonds or other obligations issued by
any such public agency public corporation or authority and
from and after the date of such delivery in the event any
contract between the State or any State institution department
or agency of the State and any public agency public corporation
authority or similar entity or any revenues from any such contract
is pledged or assigned as security for the repayment of bonds or
other obligations then and in either such event the appropriation
or expenditure of any funds of the State for the payment of
obligations under any such contract shall likewise be prohibited
provided however all contracts entered into prior to the date
of the first delivery of such general obligation debt shall
continue to have the benefit of the protection afforded by the
provisions of the second paragraph of Paragraph 1 a of Section VI
Article VII of this Constitution as fully and completely as though
this amendment had not been adopted and for as long as any such
contract shall remain in force and effect Furthermore nothing
in this amendment is intended directly or by implication to have
any effect upon any provisions of any such contract establishing
lien rights priorities regarding revenues or otherwise providing
protection to the holders of obligations secured by such contracts
The State of Georgia issued General Obligation Bonds on
September 1 1974 Since that date no Authority bonds have been
issued for the payment of which the State of Georgia is obligated
and the good faith of the State is pledged
2 In September 1985 the Georgia State Financing and Investment
Commission defeased all outstanding Georgia Highway Authority Bonds
3 In Fiscal Year 1979 the Georgia State Financing and Investment
Commission defeased all outstanding Georgia Education Authority
Schools Bonds
4 In May 1983 the Georgia State Financing and Investment Commission
defeased the following issues of Georgia Education Authority
University Bonds 1959 1961 May 1961 September 1962
1963 January 1963 August 1965 and 1965A The bonds outstanding
on these issues are not included in the above balances
5 In addition other authorities have fullyfunded debt included
in the reported outstanding balances shown below
FULLYFUNDED AUTHORITY DEBT
Georgia Building Authority Hospital
Series 1967 274500000
Georgia Building Authority Penal
Series 1966 126000000
Georgia Building Authority Markets
Series 1966 6000000
Series 1972 163000000 169000000
Total FullyFunded
Authority Bonds 569500000
113GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
YEAR ENDED JUNE 30 1986
GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
COMBINED BALANCE SHEET
FUND TYPE AND ACCOUNT GROUP
JUNE 30 1986
Investments
Fixed Assets
Land and Buildings
GOVERNMENTAL
FUND TYPE
CAPITAL PROJECTS
ACCOUNT GROUP
GENERAL
FIXED ASSETS
TOTAL
Memorandum
Only
40979644971 40979644971
170039243040 170039243040
Total Assets
40979644971 170039243040 211018888011
LIABILITIES AND FUND EQUITY
LIABILITIES
Cash Overdraft
FUND EQUITY
Investment in Fixed Assets
Fund Balance
Reserved
For Capital Projects
Total Fund Equity
19271270
j 40960373701
170039243040 170039243040
40960373701
40960373701 j 170039243040 210999616741
Total Liabilities and Fund Equity
40979644971 170039243040 211018888011
Note The audit of the Georgia State Financing and
Investment Commission was performed by an
Independent Public Accounting Firm
The accompanying notes are an integral part of these financial statementsGEORGIA STATE FINANCING AMD INVESTMENT COMMISSION
CONSTRUCTION FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
YEAR ENDED JUNE 30 1986
CASH RECEIPTS
Interest on Investments
Premium and Accrued Interest on Bonds Issued
Accrued Interest
Premium
Transfers
For Advance Retirement of Bonds
General Obligation Debt Sinking Fund
Georgia Building Authority Hospital
Georgia Building Authority Penal
Georgia Education Authority University
Georgia Ports Authority
Jekyll Island State Park Authority
For Operations
Georgia State Financing and Investment Commission
Budget Fund
Construction Supplements
Agriculture Department of
Corrections Department of
Education Department of
Georgia Building Authority
Human Resources Department of
Investigation Georgia Bureau of
Labor Department of
Natural Resources Department of
Public Safety Department of
Regents of the University System of Georgia Board of
University of Georgia
Net Income Receipts
NONINCOME
Sale of State of Georgia General Obligation Bonds
Good Faith Deposit Received in Prior Year
Net Cash Receipts
BALANCE JULY 1 1985
Cash
Investments
352256313
196200
4301853819
10981105
2178917
289062510
2699300
6581517
4613357168
100500000
5422396634
352452513
5774849147
4713857168
13626233
254861996
1227220632
65000000
77584500
8473200
62000000
204200000
11000000
13712100
17333537
28616500000
361330000
1060991979
1955012198
3016004177
28255170000
31271174177
7482036
46498420015 46505902051
DISBURSEMENTS
77777076228
Regular Operating Expenses
Per Diem Fees and Contracts
Per Diem and Fees
Total Expense
CAPITAL OUTLAY
Capital Outlay Projects
Total Disbursements
BALANCE JUNE 30 1986
Cash
Investments
60030454
447173571
507204025
36309498502
36816702527
19271270
40979644971 40960373701
The audit of the Georgia State Financing and
Investment Commission was performed by an
Independent Public Accounting Firm
77777076228
The accompanying notes are an integral part of these financial statements
PUBLIC TRUST FUNDS
BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
BALANCE SHEET
JUNE 30 1986
STATE UNIT
Administrative Services Department of
Employees Assurance Department State
Employees Retirement System
Judicial System
Superior Courts
Labor Department of
Legislative Retirement System Georgia
Postsecondary Vocational Education State Board of
Public Safety Department of
Public School Employees Retirement System
Regents of the University System of Georgia Board of
Secretary of State
Sports Hall of Fame Board Georgia
Subsequent Injury Trust Fund
Teachers Retirement System
Trial Judges and Solicitors Retirement Fund
CASH AND
TEMPORARY
INVESTMENTS
INVESTMENTS
3613987119 000
000 11653999224
000 158898143918
2162498877
67430822389
432879
000
4335998
000
339869163
155184513
956460
1079384833
78952898
1623927
000
000
602531483
3500000
000
14149963049
000
000
000
000
488663202474
708199158
74868049056 S 674679539306
Note Audits being performed by Independent Public
Accounting Firms These audits were not
available at the time this report was published
The information shown above was furnished by the
Agencies
The accompanying notes are an integral part of these financial statementsPUBLIC TRUST FUNDS
BALANCE SHEET
JUNE 30 1986
LIABILITIES AND FUND EQUITY
TOTAL
FUND EQUITY LIABILITIES
RESERVED AND
ACCOUNTS TOTAL FUND FUND
RECEIVABLE ASSETS LIABILITIES BALANCES EQUITY
61374595 5 3675361714 32987845 3642373869 5 3675361714
9362402 11663361626 000 11663361626 11663361626
000 158898143918 728126118 158170017800 158898143918
000 2162498877 000 2162498877 2162498877
304383850 67735206239 000 67735206239 67735206239
000 602964362 12585359 590379003 602964362
000 3500000 000 3500000 3500000
000 4335998 000 4335998 4335998
000 14149963049 179194093 13970768956 14149963049
000 339869163 000 339869163 339869163
000 155184513 000 155184513 155184513
000 956460 000 956460 956460
000 1079384833 000 1079384833 1079384833
10902708160 499644863532 13418305021 486226558511 499644863532
000 709823085 000 709823085 709823085
11277829007 S 760825417369 14371198436 746454218933 S 760825417369
PRIVATE TRUST AND AGENCY FUNDS
BALANCE SHEET
BY STATE UNITS
123
BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1986
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Boxing Commission State
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Employees Retirement System Administrative Expense Fund
Financing and Investment Commission Georgia State
Forestry Commission Georgia
General Assembly of Georgia
Governor Office of the
Human Resources Department of
Industry and Trade Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Judicial Qualifications Commission
Juvenile Court Judges Council of
Labor Department of
Law Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles Board of
Personnel Board State Merit System of Personnel Administration
Postsecondary Vocational Education Board of
Public Safety Department of
Public Service Commission
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
Revenue Department of
Secretary of State
Soil and Water Conservation Committee State
Sports Hall of Fame Board Georgia
Student Finance Commission Georgia
Subsequent Injury Trust Fund
Teachers Retirement System Expense Fund
Transportation Department of
Veterans Service State Department of
Workers Compensation State Board of
CASH AND
TEMPORARY ACCOUNTS TOTAL
INVESTMENTS RECEIVABLE ASSETS
70073924771 000 70073924771
2115189 6200 2121389
16500 000 16500
10000 000 10000
000 000 000
5673384 000 5673384
200906437 10000 200916437
18375 000 18375
44753918 1350000 46103918
122476897 000 122476897
000 000 000
3249062 000 3249062
000 000 000
223183 000 223183
1228230520 30551 1228261071
13000 000 13000
440231971 000 440231971
4992188 000 4992188
1972097 000 1972097
000 000 000
2592088 000 2592088
1636607 000 1636607
2472041 000 2472041
000 000 000
000 000 000
396822 21392 418214
9990 000 9990
60250 000 60250
31938088 1496816 33434904
15450227 000 15450227
53569130 460 53569590
7593407 000 7593407
19639841 000 19639841
000 000 000
12250 000 12250
755629 260 755889
746751786 19817 746771603
1477552 000 1477552
000 000 000
000 000 000
27275 000 27275
000 000 000
000 000 000
595503840 000 595503840
3250 000 3250
853253 000 853253
2935496 73612486314
The accompanying notes are an integral part of these financial statements
BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1986
LIABILITIES AND FUND EQUITY
TOTAL
FUND EQUITY LIABILITIES
RESERVED AND
LIABILITIES FUND BALANCE FUND EQUITY
8673623 70065251148 70073924771
98763 2022626 2121389
16500 000 16500
10000 000 10000
000 000 000
1207139 4466245 5673384
200275992 640445 200916437
18375 000 18375
266995 45836923 46103918
70954640 51522257 122476897
000 000 000
18750 3230312 3249062
000 000 000
130775 92408 223183
140821897 1087439174 1228261071
13000 000 13000
20595 440211376 440231971
24625 4967563 4992188
4312 1967785 1972097
000 000 000
66733 2525355 2592088
000 1636607 1636607
394631 2077410 2472041
000 000 000
000 000 000
418214 000 418214
9990 000 9990
60250 000 60250
108091 33326813 33434904
15450227 000 15450227
8750 53560840 53569590
25558 7567849 7593407
252017 19387824 19639841
000 000 000
12250 000 12250
000 755889 755889
276873 746494730 746771603
24950 1452602 1477552
000 000 000
000 000 OOO
27275 000 27275
000 000 000
000 000 000
161569463 433934377 595503840
3250 000 3250
000 853253 853253
601264503
73011221811
73612486314

SECTION III
REPORT OF THE STATE AUDITOR OF GEORGIA
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA

COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIACOMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 19
CURRENT FUNDS
ASSETS
Cash and Temporary Investments
Investments
Accounts Receivable
Inventories
Prepaid Expense
Investment in Plant
RESIDENT OTHER
INSTRUCTION ORGANIZED
FUND ACTIVITIES
RESTRICTED AUXILIARY
FUNDS ENTERPRISES
LOAN
FUNDS
2695066054 367824830 231097139 3253828859 528702643
82183588 3660934676
2639841133 1390634121 2159953937 285871214
446967469 228716984 1050284842
52647913 321788 10617286
Total Assets
5834522569 S 1987497723 j 2391051076 4682785789 4189637319
LIABILITIES AND FUND EQUITY
Liabilities
Fund Equity
Investment in General Fixed Assets
Fund Balances
Reserved
Unreserved
Designated for Subsequent
Years Expenditures
Surplus due to Board of Regents
Total Fund Equity
5319991681 1087903368
452333966 887147803
62196922 12446552
779444375
2496736276 4189637319
2391051076 1406605138
514530888 899594355 2391051076 3903341414 4189637319
Total Liabilities and Fund Equity
5834522569 1987497723 S 2391051076 4682785789 S 4189637319
The accompanying notes are an integral part of these financial statementsCOMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1986
TRUST FUNDS PLANT FUNDS AG NCY Fl INDS
ENDOWMENT STUDENT ACTIVITIES 4574614 05 PRIVATE
FUNDS 87 5 UNEXPENDED 987797256 EXPENDED TRUST
27416072 2458083775
13164349 47 806966
248019001 359617 89 49225678
TOTALS
Memorandu
Only
5060360177 4970313124
49225678 6809506873 6623070491
1725969295 1564960045
70777 218127 63875891 20519378
5162899643910 162899643910 149128771974
4058042234 1236694000 5162899643910 5 493641321 2507309453 190280825394 173909089734
1185970694
220063947 1788079828 10381453893 6604101593
162899643910
162899643910 149128771974
4058042234 45603116
8369147 719229625 12857099486 14422979761
265208227
5120190
4062864441 3692803655
79763664 60432751
4058042234 50723306 162899643910 273577374 719229625 179899371501 167304988141
4058042234 1236694000 162899643910 493641321 2507309453 190280825394 173909089734
CQHSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL ONUS OF THE DNIVERSITY SYSTEM OF GEORGIACONSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1986
RESIDENT INSTRUCTION FUND
FUNDS AVAILABLE
REVENUES
STATE FUNDS
Allotments from Board of Regents of the
University System of Georgia
OTHER REVENUES RETAINED
Gifts and Grants
Federal Agencies
State Agencies
Other States
Counties and Cities
Private
Restricted For Student Aid
Unrestricted
Tuition and Fees
Endowment Funds
Rents
Sales and Services
Contract Overhead
Interest Income
Indirect Funding Telecommunications
Department of Administrative Services
Other Sources
Transfers Between Funds
For Replacement Projects
Total Other Revenues Retained
Total Revenues
CARRYOVER FROM PRIOR YEAR
Transfers from Fund Balances
Reserved
Unreserved
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
53623868100
SPONSORED
OPERATIONS
CURRENT FUNDS
OTHER
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
53623868100 10708154200
6377769345 6377769345
1110340973 1110340973
64275782 64275782
98767262 98767262
3773309898 3773309898
3547722133 3547722133
62732102 62752102 62752102 15034937495 8371621482
14972185393 8371621482
16078962585 16078962585 369535198
5901509 201033345 206934854
92901601 92901601 4403256
1311463765 41149069 1352612834 909549039
1570964523 1570964523 1683874911
49189052 49189052 10174
313870489 313870489 55570000
553615480 553615480 62876314
110000000
20039621106 15214367807 35253988913 511347440374
73663489206 S 15214367807 88877857013 22055594574
25000000
25000000 491405644
25000000
25000000 491405644
Total Funds Available
73688489206 15214367807 88902857013 22547000218
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Unemployment Compensation Insurance
Liability Insurance
Workers Compensation Insurance
Total Personal Services
OPERATING EXPENSES
Travel
Motor Vehicle Expenses
Motor Vehicle Equipment Purchases
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Tuition and Scholarships
College Work Study Program
Scholarships Fellowships Prizes Awards and Other
Other Operating Expenses
Publications and Printing
Equipment Purchases
Computer Charges
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Operating Expenses
46075711878 6219419696 52295131574 11668106810
2898583396
2071143787
5611107158
143629
43141055
214546879
252026145
135955468
563443773
814175
258042
1322149
3150609541
2207099255
6174550931
957804
43399097
215869028
693578385
580780522
1469834800
2307
86961455
33316668
S 56914377782 7173239448 64087617230 14532580947
598031123
120756754
106954570
2416041843
1645149404
2682605917
716131309
238522189
113474396
48486252
100807980
23100291
247894247
445652831
3908371760
114643676
274404993
119802593
937122803
627267995
851087044
306126767
10400117
12137854
928807345
217675306
10486446
11099455
28135360
2623573
449565800
3644878894
315030073
35681658
1008190773
64900599
36436395
16405285
69165310
386205722
437175627
904157890
131156871
119092424
3344849188
1862824710
2693092363
727230764
266657549
116097969
48486252
550373780
3667979185
562924320
531334489
4916562533
179544275
310841388
136207878
1006288113
1013473717
1288262671
257612083
51674688
38778647
2500525881
449249611
526101372
90688351
146447613
34206941
1055794
250330615
164985283
1098378131
60870124
35476468
336980101
302871296
169406913
100292733
16336309970 S80All28359 24377438329 6615932645CONSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1986
ORGANIZED ACTIVITIES
SPONSORED
OPERATIONS
UNEXPENDED
AUXILIARY PLANT
ENTERPRISES FUND
TOTALS
Memorandum
Only
10708154200
240000000 64572022300 593
10 019610 31 1001961031 11045214 S 7390775590 5 6670854578
7 743626 63 774362663 52520451 1937224087 1715689809
313777 37 31377737 95653519 66645101
212110 61 21211061 33681564 153659887 124108484
39 506051 96 3950605196 98501330 7822416424 6915476522
6081 00 608100 3548330233 3125336603
8371621482 14151747270 000 000 41457021 237205580 8475830605 29423890345 1353482276
57 801257 88 19971593373
369535198 8 358 43850 84960443 17284341633 291895297 15215779369 350231126
4403256 31 822 61594 4445746 3284012197 3046963037
2 625921 22 1172141161 1683874911 26 802 36794 27142742 5232133531 3254839434 11150318693 2665010472
10174 2 146 73038 397404895 661277159 685535708
55570000 369440489 358300000
62876314 4 304 21007 7540248 1054453049 1034218202
110000000 11 031 13388 1213113388 000 000
6042717910 17390158284
6042717910 S 28098312484
6240322895 1971813042 60856283134 5447794998
6240322895 2211813042 125428305434 11386778338
491405644 1319467910
1596103036
35958838
1871832392
1596103036
1537185218
1506853432
491405644 2915570946 35958838 3467935428 3044038650
6042717910 28589718128 9155893841 2247771880 128896240862 116911822030
3553247494 15221354304 2940500685
206073998
107384749
371764555
899652383
688165271
1841599355
2307
86961455
33316668
164673542
162456042
274937614
61456
184777
1585348
4238470796 18771051743 3544399464
70456986563 64122552406
4214935466
3057720563
8291087900
1021567
130545329
250771044
4143750519
2671947172
7346087446
73930207
103233274
189760492
86403068437 78651261516

167953034
14054554
8142097
478309363
49524012
49731120
2358482
20284599
4826887
425565117
65729242
46920744
2978835244
498773623
575832492
93046833
166732212
39033828
19701181
26880217
483151643
369655229
734646597
25791397
22731721
1349424188
223766330
166013168
6806836075
2731253562
4003571452
820277597
459181158
177863518
48486252
1288307758
211964944
147853189
6269091263
2591636249
3898217245
395550580
461355973
134688348
599048
207089
608100
53012716
24622105
296435999
58667404
12919366
8371239
18109648
63672999
468589454
1262883
608100
303343331
189607388
1394814130
119537528
48395834
345351340
320980944
233079912
568882187
2119884
103599745
82229295
1929107
7088757
2499942
249145763
188240006
62325695
248504249
553756547
3668587285
969867396
803171172
6313305770
306170560
361737164
730704981
1515509063
1308879324
2105649107
592461560
3261000277
166219189
796937694
5453536449
906245273
212795410
622218480
1413438734
1060394364
1594815230
1800400267 8416332912 2630240428
35424011669 31479327257MPWV
CONSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1986
CURRENT FUNDS
RESIDENT INSTRUCTION FUND
EXPENDITURES
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
SPONSORED
OPERATIONS
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
CAPITAL OUTLAY
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Other Costs
Travel
Motor Vehicle Expenses
Motor Vehicle Equipment Purchases
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Other Expenditures
Publications and Printing
Equipment Purchases
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Capital Outlay
OTHER
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Unemployment Compensation Insurance
Liability Insurance
Workers Compensation Insurance
Other Costs
Travel
Motor Vehicle Expenses
Motor Vehicle Equipment Purchases
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Tuition and Scholarships
College Work Study Program
Scholarships Fellowships Prizes Awards and Other
Other Expenditures
Publications and Printing
Equipment Purchases
Computer Charges
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Capital Outlay
Other Costs
Supplies and Materials
Repairs and Maintenance
Publications and Printing
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Other
Total Expenditures
Excess of Funds Available over Expenditures
1902239
930397
3434378
35292602
730138
45658
2206734
179435
328711533
168700
72782
12151991
1371883
2395962
18480315
7259
4448500
208312
4581405
11819000
422872209
1902239
930397
3434378
35292602
730138
45658
2206734
179435
328711533
168700
72782
12151991
1371883
2395962
18480315
7259
4448500
208312
4581405
11819000
170156028
9455448
3813803
14705986
15165
144585
198291015
4409811
98415
1381170
23498404
4425560
11028495
1989457
191461
104294
8525000
4661237
1816455
25805630
122606
994194
1220868
11919754
440152034
5 73673559961 15214367807 S
14929245 000
422872209 740635860
8887927768 21889149452
14929245 657850766
7368
The accompanying notes are an integral part of these financial statements
136
89206 15214367807
02857013 j 22547000218CONSOLIDATED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1986
ORGANIZED ACTIVITIES
SPONSORED
OPERATIONS
AUXILIARY
ENTERPRISES
UNEXPENDED
PLANT
FUND
TOTALS
Memorandum
Only
13319946
146429
93987
236492
13796854 S
346888
1512
51755147
106017134
425843637
2147428
251154
128665
2004482
912253
392636067
565930
20010220
382500
71269695
781817690
13319946
146429
93987
236492
13796854
346888
1512
51755147
106017134
425843637
000
2147428
251154
128665
2004482
912253
392636067
565930
20010220
382500
71269695
781817690
14831468
3391
2774
6101
14843734
000
000
119335194
62111911
618170314
14000
1026290
280194
295475
1774912
571913
330374617
000
20010220
000
77233329
797319341
1869887256 1869887256 2043361444
843010 5 170999038
12497 9467945
2868 3816671
5827 14711813
15165
144585
864202 199155217
4409811
98415
1381170
2482666 25981070
4425560
11028495
1989457
191461
82600 186894
8525000
6670 4667907
1816455
19680 25825310
390829 513435
994194
200024626
15109928
11919754
440152034
11370184 7897379
4747068 5400784
18146191 14994008
000 54276
15165 30857
144585 187114
234447819 179663706
5139949 7339665
144073 127132
1381170 844000
28187804 16964168
4604995 9742345
11028495 8276762
328711533 4235
2158157 1045428
191461 115635
259676 170250
20676991 15550133
6039790 4155847
4212417 1968875
44305625 358152621
520694 99273
5442694 1111452
000 360000
1429380 1748835
16501159 23176072
451971034 408827269
1412384 1412384 000
000 117000
5850 5850 20000
3846847 744482707
6042717910 27931867362 6174639892
000 657850766 2981253949
328581766
000
328581766
20945652
143917348
330000000 1497354916 1204443703
2199887256 125194322278 113378393920
47884624 3701918584 3533428110
6042717910 28589718128 9155893841 2247771880 128896240862 116911822030UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTSUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING
Units of the University System of Georgia maintain their Current Funds Unexpended Plant Funds and Agency Funds Student Activities in
accordance with a comprehensive basis of accounting called the Modified Accrual Basis This basis of accounting is defined as that method of
accounting in which expenditures other than accrued interest of general longterm debt are recorded at the time liabilities are incurred and
revenues are recorded when received in cash except for material or available revenues which should be accrued to reflect properly the taxes
levied and the revenues earned
The Loan Funds Endowment Funds and Agency Funds Private Trust are maintained on the Cash Receipts and Disbursements basis of accounting
This basis of accounting is defined as that method of accounting in which certain revenue and the related assets are recognized when received
rather than when earned and certain expenses are recognized when paid rather than when the obligation is incurred
DESCRIPTION OF FUNDS
CURRENT FUNDS
RESIDENT INSTRUCTION FUND
The Resident Instruction Fund accounts for the current operations of the educational program of the various units of the University System
Restricted expenditures are separately identified and matched with revenue from the Restricted Funds
OTHER ORGANIZED ACTIVITIES
The Other Organized Activities Fund accounts for the operations of specific programs which are unique to the State of Georgia and to the
units of the University System administering the program activities Separate identity is maintained of each program and restricted
expenditures for each program are separately identified and matched with revenue from the Restricted Funds
RESTRICTED FUNDS
The Restricted Funds account for funds awarded by grantors for restricted purposes to the various units of the University System Such
funds awarded or received are maintained in the restricted fund group and funds are transferred to other funds only to the extent that
expenditures are expended in the current period
AUXILIARY ENTERPRISES
The Auxiliary Enterprises Fund accounts for the various business operations administered by the various units of the University System
These business operations are conducted for the expressed purpose of providing services to students faculty and staff
PUBLIC TRUST FUNDS
LOAN FUNDS
The Loan Funds account for various funds held by the various units of the University System for the purpose of making educational loans to
students Separate identity is maintained of the various types of loan funds administered by each institution
ENDOWMENT FUNDS
The Endowment Funds account for various funds held in trust by the various units of the University System for various donors Separate
identity of each fund is maintained and each fund is administered under the terms stipulated by the donor
PLANT FUNDS
UNEXPENDED
The Unexpended Plant Fund accounts for funds administered by the various units of the University System for the purpose of construction
rehabilitation and acquisition of physical properties
EXPENDED
The Expended Plant Fund represents the book value of fixed assets owned or in control of the various units of the University System
AGENCY FUNDS
STUDENT ACTIVITIES
The Student Activities Fund accounts for student activity funds administered by the various units of the University System The various
units act as an agent for the students of their respective unit collect activity fee assessments and revenues from other sources and expend the
available funds as budgeted and directed by the student governing bodyUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1986
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
DESCRIPTION OF FUNDS
AGENCY FUNDS
PRIVATE TRUST
The Private Trust Funds account for the activities in which the various units of the University System act as an agency for various
governmental agencies and organizations
TOTAL COLUMNS ON COMBINED STATEMENTS
Total columns on the Combined Statements are captioned Memorandum Only to indicate that they are presented only to facilitate financial
analysis Data in these columns do not present financial position results of operations or changes in financial position in conformity with
generally accepted accounting principles Neither is such data comparable to a consolidation Interfund eliminations have not been made in the
aggregation of this data
OTHER FINANCIAL NOTES
1 RESTRICTED FUNDS Funds for specific restricted projects transferred from the restricted fund group to other funds in excess of funds
received from various grantors are reflected as deficits on the books and records of the various units of the University System In this report
revenues sufficient to eliminate the deficits are recognized and accounts receivable are established from the various grantors The accounts
receivable shown for Restricted Funds do not reflect the actual amount that may be due from the various grantors
2 EXPENDED PLANT FUND The balances shown as Investment in General Fixed Assets under the Fund Equity of Expended Plant Fund on the Combined
Balance Sheet represent the accumulated expenditures made for general fixed assets through Current Funds and Unexpended Plant Fund and also
include expenditures made for general fixed assets expended by the Georgia Education Authority University on behalf of the various units of the
University System Gifts of general fixed assets are recorded at fair market value and disposals are deleted at recorded cost No depreciation
has been provided on the general fixed assets
3 RETIREMENT PLANS Substantially all teachers administrative and clerical personnel are members of the Teachers Retirement System of
Georgia which is a contributory defined benefit plan The System is funded through a combination of employee and employer contributions
During the fiscal year ended June 30 1986 the units of the University System contributed either 1271 or 1323 of salaries depending on
employee classification to the Teachers Retirement System of Georgia The units have no further liability under the plan other than the future
contributions to the plan as established
4 SICK LEAVE AND ANNUAL LEAVE All regular employees of the various units of the University System earn one day of sick leave each month with
no maximum limit established for the accumulation of sick leave When employees terminate employment they receive no compensation for any
accrued sick leave
All regular employees of the various units of the University System earn annual leave ranging from one and onequarter days to one and
threequarter days each month depending upon the employees length of continuous service Employees may accrue up to forty five days of annual
leave and are paid for unused accumulated annual leave upon retirement or termination of employment
On June 30 1986 the unrecorded consolidated estimated liability of all units of the University System amounted to 4580235264 for
accumulated annual leave Funds are provided in the appropriation to the Board of Regents of the University System of Georgia each year to cover
the cost of annual leave of terminated employees of the various units of the University SystemUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTSFINDINGS AMD IMPROPER OR QUESTIONED COSTS
REGENTS SCHOLARSHIP FUND
On June 30 1986 the Regents Scholarship Fund of the various units of the University System of Georgia had an uncommitted balance of
497700 which should be returned to the Board of Regents of the University System of Georgia for transraittal to the Department of
Administrative Services Fiscal Division An analysis of the uncommitted balance of 497700 by unit of the University System is as follows
Graduate Institution
Georgia State University
Senior Colleges
Albany State College
Kennesaw College
Junior Colleges
Atlanta Junior College
Waycross Junior College
266400
123000
68300
20000
20000
AGENCY FUNDS STUDENT ACTIVITIES
On June 30 1986 three units of the University System of Georgia had deficit fund balances in their Student Activities Fund as follows
Senior Colleges
Albany State College
Savannah State College
Valdosta State College
11555079
13776733
1340120
These deficit fund balances have a direct relation to the lack of sufficient funds to meet obligations of the Colleges on a current basis
INDIVIDUAL AUDIT REPORTS
The Audit Findings Section of the individual audit reports details unusual situations deficiencies or other problems relative to the
financial operations of each unit of the University System of Georgia The following comments disclose the material findings shown in the
individual audit reports
GRADUATE INSTITUTION
GEORGIA INSTITUTE OF TECHNOLOGY
ACCOUNTS PAYABLE SYSTEM
The audit report for the year ended June 30 1985 noted that material deficiencies existed in the Institutes internal controls over non
personal services expenditure transactions These deficiencies included missing voucher packages errors in account classification missing
receiving reports payment of sales tax and afterthefact purchase orders During the year under review the Institute made substantial
improvement in correcting the deficiencies noted in the prior year
INVENTORY OF EQUIPMENT
The audit report for the year ended June 30 1985 noted that adjustments to inventory records were not satisfactorily reconciled due to
delays caused by the new accounting system and deficiencies in internal controls These deficiencies continued to exist in the inventory records
during the year under review The Property Control System was unable to provide adequate documentation for additions and deletions of equipment
that agreed with the financial records of Georgia Institute of Technology As a result of the continued inadequacies in the inventory records
net adjustments of 933881206 were necessary on the Investment in Plant schedule that included 253595207 that was not satisfactorily
identified
As a part of our audit a randomly selected equipment inventory sample was used to test the accuracy and validity of the equipment inventory
records Of the 750 items selected for examination 139 errors were noted The following is a summary of these errors
1 There were 98 items found at locations other than the area specified on the inventory records
2 Our sample disclosed 16 items which could not be located during our test Subsequent to completion of our sample these items were
deleted from the inventory records by the Institute
3 There were 24 items which were not located
4 One item an Omni Transcriber was listed on the inventory records as stolen During the course of our examination we were able to
locate this item
We believe that the errors noted and the accounting deficiencies cited provide material evidence that inadequacies exist in the Institutes
administrative procedures and internal accounting controls Because of these deficiencies our opinion on the financial statements presented in
this report is subject to the effects if any of such adjustments as might have been determined to be necessary had all equipment sampled been
properly accounted for and had the Institute satisfactorily reconciled the equipment inventory with the financial records
Management should act immediately to initiate appropriate action necessary to correct problems associated with the accounting system to
strengthen internal accounting controls and to establish any administrative procedures necessary to ensure that assets are safeguarded against
loss from unauthorized use or dispositionFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
GRADUATE INSTITUTION
GEORGIA INSTITUTE OF TECHNOLOGY
CASH SHORTAGE
GEORGIA TECH RESEARCH INSTITUTE
In the year under review a cash shortage in the amount of 319665 was discovered at the Georgia Tech Research Institute As of the date
of our audit an assignment of responsibility for this shortage had not been made and an investigation is continuing
PAYROLL ACCOUNTING SYSTEM
During the year under review the Institute did not have adequate internal controls established to ensure that the computerized payroll
system properly interfaced with the general ledger accounting system This deficiency allowed summary postings to be made to the general ledger
that did not agree with the underlying records in the payroll system This problem required the Institute to record adjusting journal entries to
reconcile and resolve material differences between the two systems on a monthly basis The payroll interface problem also impacted the
Institutes payroll bank reconciliation process and caused in part the following deficiencies
CD Payroll bank reconciliations were not made on a timely basis
2 Reconciling items were not adequately identified with detailed supporting documentation
3 Reconciling items requiring entries to the accounting system were not adjusted on a timely basis
4 At June 30 1986 an unidentified reconciling item of 195506 remained on the bank reconciliation
Immediate action should be taken to establish the proper procedures necessary to ensure that the payroll system will properly interface with
the general accounting system Appropriate action should also be taken to see that the bank account is reconciled promptly each month and that
adjustments necessary are made on a timely basis and have proper detailed supporting documentation
SENIOR COLLEGES
ALBANY STATE COLLEGE
DEFERRED FEES
Audit reports of prior years have called attention to the fact that some student fees have been deferred and have recommended that legal
means be used to collect the outstanding balances At June 30 1986 student fees outstanding amounted to 46312496 as shown on Schedule 2
of unit report and of this amount 32498406 was not covered by approved student aid awards
At June 30 1986 23860016 of the 32498406 nonsponsored student receivables had been turned over to collection agencies
The audit report for the year ended June 30 1985 reported that collections received from collection agencies were credited against a
students Auxiliary Enterprises account until completely liquidated Subsequent collections were then credited against the students Resident
Instruction Fund receivable In the year under review this practice was discontinued and collections from collection agencies were credited on
a prorata basis against all funds that an individual has outstanding balances
FORT VALLEY STATE COLLEGE
INADEQUATE INTERNAL CONTROLS OVER CASH TRAVEL ADVANCES AND EQUIPMENT
During the year under review material weaknesses existed in the Colleges system of internal accounting control over cash and travel
advances These weaknesses allowed errors to go undetected that materially affect the Colleges financial statements at June 30 1986 These
deficiencies are outlined as follows
CASH
1 Bank statements for the payroll account were not reconciled to general ledger account balance which allowed numerous errors to go
undetected A difference of 3475113 existed between the bank reconciliation book balance and the general ledger balance at June
30 1986 This difference was caused in part by the following inappropriate accounting practices of the College
a Bank debit and credit memos were not identified on the bank reconciliation and were not recorded on the accounting records
b Due to problems with the system of computer generated payroll checks a large number of handdrawn checks were written by the
College during the year under review These checks were not recorded in the accounting records when written and were not
included as outstanding checks on the bank reconciliation Such checks were only recorded on the books after they cleared the
bank
2 Deposits in transit as reflected on the bank reconciliation were inaccurate A difference of 2145652 existed between deposits in
transit on the June 30 bank reconciliation and actual deposits which cleared the July 1986 bank statement An unidentified amount
of 39320 was shown as due to the Operating Account at June 30 1986
3 The general ledger cash balance did not include payroll checks of 569389 which had been issued and outstanding for a period of
over one year As a part of this audit an adjustment of 569389 was made to write off these outstanding checks Outstanding
checks should be reviewed monthly and stale dated checks voidedFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
SENIOR COLLEGES
FORT VALLEY STATE COLLEGE
INADEQUATE CONTROLS OVER CASH TRAVEL ADVANCES AND EQUIPMENT
CASH
At June 30 1986 the payroll cash account of the College had a cumulative unlocated difference of 6150834 The College should take
immediate action to reconcile the payroll cash account and record all necessary adjustments Internal controls should be established to ensure
that cash is reconciled and balanced to the general ledger on a monthly basis
TRAVEL ADVANCES
Fort Valley State College utilizes an asset account entitled Travel Advances Increases to this account balance are made mostly when the
College purchases airline tickets in advance for employees on travel status Decreases to the account balance are made after the trip has been
completed and the employee has filed a travel voucher to support actual expenditures made
At June 30 1986 the asset account entitled Travel Advances had an accumulated balance of 2732406 This amount has accumulated
largely because the College does not have adequate controls in place to ensure that all employees having travel advances submit travel vouchers
to appropriate officials of the College upon their return from business trips As a result adjustments are not being made to decrease the asset
account and to record travel expense based on approved travel vouchers
Internal controls should be established to ensure that the Travel Advance account is reviewed at least on a monthly basis Travel
vouchers are required for all business trips and should include appropriate receipts along with a validated airline ticket stub if applicable
Travel advances subsequently not supported by approved travel vouchers should be refunded from the individual employee involved The policy of
purchasing airline tickets in advance for employees should be discontinued immediately until adequate internal controls can be implemented to
monitor this process
EQUIPMENT INVENTORY
As of June 30 1986 the control accounts for equipment as reflected by the general ledger of the College exceeded the subsidiary equipment
inventory records by 499710373 Personnel of the College should take a complete inventory of the Colleges equipment and record necessary
adjustments to bring the control and subsidiary records into agreement All adjustments necessary should be properly documented and approved by
appropriate officials of the College
SUMMARY
Although instances of actual theft or embezzlement were not disclosed during the audit we were unable to state that losses could not have
occurred The inadequacy of the internal control system over cash travel advances and equipment created a situation where theft or embezzlement
was possible and would not readily be detected Due to the Colleges lack of internal controls as cited above the scope of our work was not
sufficient to enable us to express and we do not express an opinion of the financial statements contained in this report
STUDENT ACCOUNTS RECEIVABLE
At June 30 1986 accounts receivable due from students were shown in the following funds
Resident Instruction Fund
Auxiliary Enterprises
Student Activities Fund
16752864
13794469
2751645
33298978
These balances have accumulated largely because of extension of credit to students who had no approved student aid to fund tuition costs and
related expenses There is no provision in the policies of the Board of Regents for extensions of credit or deferment of any student fees
Officials approving extensions of credit or fee deferments could be held personally responsible for losses incurred by the College The practice
of extension of credit and deferment of fees should be discontinued immediately It is recommended that legal means be used to collect all
outstanding balances
SAVANNAH STATE COLLEGE
EQUIPMENT INVENTORY
The audit report for the period ended June 30 1985 stated that the control accounts for equipment inventory maintained in the general
ledger did not agree with the subsidiary equipment inventory detail In the year under review the control accounts differed from the subsidiary
controls by an absolute value of 85696009 The College should continue its efforts to reconcile these differences in order to control
properly its equipment inventoryFINDINGS AND IMPROPER OR QUESTIONED COSTS
INDIVIDUAL AUDIT REPORTS
SENIOR COLLEGES
SAVANNAH STATE COLLEGE
EQUIPMENT INVENTORY
Because of the deficiency described above our opinion of the financial statements presented in this report is subject to the effects if
any of such adjustments as might have been determined to be necessary had appropriate action been taken to locate the equipment not accounted
for and the inventory recorded on the books had been reconciled to the physical count
STUDENT ACCOUNTS RECEIVABLE
On June 30 1986 Savannah State College had deferred student accounts of 5844957 of which 4985221 was incurred prior to the summer
quarter 1985 There is no provision in the policies of the Board of Regents for deferments of student accounts without the student having
approved documentation of financial aid at the time of registration Collections of student accounts receivable should be made on at least a
quarterly basis and no student should be granted a deferment without having approved financial aid It is recommended that legal means be used
to collect all student accounts receivable if necessary
SOUTHERN TECHNICAL INSTITUTE
DEFERRED FEES
The audit report for the year ended June 30 1985 called attention to the fact that some student fees were being deferred There is no
provision in the policies of the Board of Regents for deferment of student accounts without the student having approved documentation of
financial aid at the time of registration In the year under review there were instances of fees still being deferred for a few students This
practice should be discontinued immediately It is emphasized that the person or persons responsible for authorizing deferments could be held
personally liable for the uncollected amounts
EXPENDED PLANT FUND
INVENTORY OF EQUIPMENT
The audit report for the year ended June 30 1985 called attention to a campus wide inventory of equipment that was underway in order to
update the Institutes perpetual equipment inventory records
In the year under review the equipment inventory was completed and the records were adjusted and reconciled with the results of the
physical count Adjustments to the inventory records included the deletion of items that could not be located and the addition of items
reflected by the physical count but not recorded on the equipment inventory records These adjustments resulted in a net increase in equipment
inventory of 193713509
JUNIOR COLLEGES
CLAYTON JUNIOR COLLEGE
EQUIPMENT INVENTORY
The audit report for the prior year noted that control accounts maintained in the general ledger of Clayton Junior College did not reconcile
with the Colleges subsidiary equipment inventory listings This condition had not been corrected as of June 30 1986 Personnel at the College
should take a complete inventory of the Colleges equipment and record necessary adjustments to bring the control and subsidiary records into
agreement
MIDDLE GEORGIA COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On June 30 1986 Middle Georgia College had 3440670 in deferred student fees Of this amount 1218356 was incurred prior to summer
quarter 1983 and 202300 was incurred in the current fiscal year There is no provision in the policies of the Board of Regents for
deferment of student fees without the student having approved documentation of financial aid at the time of registration Collections of student
accounts receivable should be made on at least a quarterly basis and no student should be granted a deferment without having approved financial
aidBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA BY FUNDS
149BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
CASH AND
TEMPORARY ACCOUNTS PREPAID
INVESTMENTS RECEIVABLE INVENTORIES EXPENSE
546339804 3 11364926 61489349 599950
360058485 3 12521427 54837664 16818700
90070989 2 02235147 4313907 000
273782447 11 75657630 146797741 4137116
50849319 25437878 6535174 000
34884830 10163058 3865995 1568691
71860176 23769702 8092440 8256717
68928256 68256885 8088983 1286171
51486113 19747500 5277769 000
69937313 24114431 9685175 5317959
135613273 63419597 16374912 000
26341078 30067906 5983120 4513900
104693994 19258736 12078938 000
28660745 16032300 4668037 4148982
44948673 5594979 8611818 000
63677855 53538480 10805784 517471
106268974 46358391 18001967 509742
129651306 25621450 17186579 3202046
20166489 1960686 7471280 658089
29546204 11521545 3608008 000
24594593 14354720 4166993 16500
14892776 1002256 1059700 000
22391666 1750599 1806591 000
65474362 1 14374040 5171701 153095
54626430 4440100 2999757 63600
6750201 59591 448958 800974
44397586 287575 1513030 000
17830865 16451245 1413259 000
21400847 26042700 2145895 43160
30738822 5054384 1849355 12550
30297620 7640599 7769906 000
43811379 1124497 2035421 22500
10092584 616173 812263 000
2695066054 2639841133 446967469
52647913
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FOND
JUNE 30 1986
LIABILITIES AND FUND EQUITY
FUND EQUITY
UNRESERVED
FUND BALANCES SURPLUS DUE TO

CURRENT RESERVED BOARD OF
TOTAL LIABILITIES FUND BALANCES REGENTS TOTAL
919794029 844849445 59500000 15444584 S 919794029
744236276 672568226 59548383 12119667 744236276
296620043 289268874 4313907 3037262 296620043
1600374934 1451965049 145700000 2709885 1600374934
82822371 74672261 6535174 1614936 82822371
50482574 45494623 3800000 1187951 50482574
111979035 104447598 8000000 468563 111979035
146560295 138331146 8178677 50472 146560295
76511382 63545475 5000000 7965907 76511382
109054878 98030423 10000000 1024455 109054878
215407782 188173246 18450000 8784536 215407782
66906004 52438653 6000000 8467351 66906004
136031668 125980882 10014423 36363 136031668
53510064 47211926 5150000 1148138 53510064
59155470 76681540 8552300 26078370 59155470
128539590 116849145 10805784 884661 128539590
171139074 152775539 18000000 363535 171139074
175661381 161636396 16728886 2703901 175661381
30256544 22511701 7666750 78093 30256544
44675757 40656958 3796900 221899 44675757
43132806 40810414 4600000 2277608 43132806
16954732 13166956 1180000 2607776 16954732
25948856 23331944 2100000 516912 25948856
185173198 179489283 5171701 512214 185173198
62129887 54151029 3386163 4592695 62129887
8059724 7383864 500000 175860 8059724
46198191 26310063 2024951 17863177 46198191
35695369 33918531 1350000 426838 35695369
49632602 47537707 2075000 19895 49632602
37655111 35451113 2037515 166483 37655111
45708125 36054905 8667452 985768 45708125
46993797 44374829 2500000 118968 46993797
11521020 9921937 1000000 599083 11521020
5834522569 5319991681
5834522569GRADUATE INSTITUTIONS
BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1986
CASH AND
TEMPORARY
INVESTMENTS
ACCOUNTS
RECEIVABLE
INVENTORIES
PREPAID
EXPENSE
Georgia Institute of Technology
Engineering Extension Division
Georgia Tech Research Institute
Medical College of Georgia
Eugene Talmadge Memorial Hospital
Family Practice Residency Program
Georgia Radiation Therapy Center
University of Georgia
Agricultural Experiment Station
Athens and Tifton Veterinary Laboratories
Cooperative Extension Service
Marine Institute
Marine Resources Extension Center
Veterinary Medicine Experiment Station
Veterinary Medicine Teaching Hospital
9982475 56781287 000 000
76353194 70711359 000 85600
269430531 1013074885 228716984 000
6488751 000 000 000
48643780 000 000 000
8541491 129442632 000 000
610955 000 000 000
67467876 109404377 000 000
4031582 000 000 000
7523680 1776 000 000
12536355 4040 000 000
3493356 9450917 000 000
OTHER
Skidaway Institute of Oceanography
367824830 1390634121
228716984
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1986
LIABILITIES AND FUND EQUITY
FUND EQUITY
CURRENT
LIABILITIES
RESERVED
FUND BALANCES
UNRESERVED
FUND BALANCES
SURPLUS DUE TO
BOARD OF
REGENTS
46798812 45978092 S 000 820720 46798812
147150153 1 47255080 000 104927 147150153
1511222400 6 24074597 8871 47803 000 1511222400
6488751 721906 000 5766845 6488751
48643780 47438405 000 1205375 48643780
137984123 1 35399460 000 2584663 137984123
610955 506076 000 104879 610955
41936501 40945330 000 991171 41936501
4031582 3852354 000 179228 4031582
7525456 7434338 000 91118 7525456
12540395 12388511 000 151884 12540395
12944273 12292655 000 651618 12944273
9620542 9616564 000 3978 9620542
1987497723 10 87903368 8871 47803 12446552 1987497723
BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESTRICTED FUNDS
JUNE 30 1986
CASH AND
TEMPORARY
INVESTMENTS
ACCOUNTS
RECEIVABLE
FUND EQUITY
UNRESERVED
FUND BALANCES
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
456804792
137216967
288741572
371204608
28662688
143541
979732
8482885
80762126
2277297
2288956
38742706
2002581
7634055
9362136
12384436
3640898
1903482
15098196
5462787
2688908
2497009
4149282
8101771
911699
997364
8466026
577999
2945805
79958
5895015
7639920
4870369
5943551
805964698
58163891
142781630
792194108
32232104
9702632
12983162
6894921
111962646
9281594
28686162
402325
4846288
2926521
13292545
27252388
5075998
6624011
17318377
9182096
2433256
2507432
5139998
12128410
7989641
167240
11244454
577999
000
13426
000
1017097
91406
18875481
349159906
195380858
431523202
1163398716
3569416
9559091
12003430
15377806
31200520
11558891
26397206
39145031
2843707
10560576
3930409
14867952
1435100
4720529
2220181
3719309
5122164
10423
990716
4026639
8901340
1164604
2778428
000
2945805
93384
5895015
8657017
4961775
349159906
195380858
431523202
1163398716
3569416
9559091
12003430
15377806
31200520
11558891
26397206
39145031
2843707
10560576
3930409
14867952
1435100
4720529
2220181
3719309
5122164
10423
990716
4026639
8901340
1164604
2778428
000
2945805
93384
5895015
8657017
4961775
12931930
231097139 S
2159953937 S 2391051076
2391051076
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
CASH AND
TEMPORARY ACCOUNTS
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES
506480777 S 000 90245578 179082730
353317845 000 73184713 56077600
60630380 000 3108436 33599375
940805242 000 7000953 345455738
9049486 000 24270611 6936492
35446916 000 3811933 12156792
14300763 000 3435720 21344618
62344872 000 2223908 25985085
2904824 000 22707816 12247336
82958206 000 7116266 18754716
206921164 000 16843317 47108194
29587107 000 1766607 16288787
34309933 000 769860 38938902
149432255 000 1200539 22897043
73926137 000 4930355 10515295
43097315 000 3156039 21885061
108824199 72984028 2290329 44007038
257652347 000 211900 33241797
39031673 000 2297408 20658858
24318165 000 1757957 6058164
000 000 000 000
4456525 000 336553 3692171
10789135 874560 785033 7495321
37541075 8325000 721945 9449970
12157721 000 1397020 8468854
8579706 000 72647 3020422
21585570 000 541 6227726
35454094 000 1314363 4364282
6909055 000 717036 5796030
20289274 000 814381 9427203
30763313 000 5764850 11604807
30776635 000 1113560 5454374
4814222 000 503040 2044061
3253828859
8218358
285871214 1050284842
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1986
LIABILITIES AND FUND EQUITY
CURRENT FUND EQUITY
PREPAID RESERVED UNRESERVED
EXPENSE TOTAL LIABILITIES FUND BALANCES FUND BALANCES TOTAL
i 1283695 777092780 296292082 387195191 93605507 777092780
325270 482905428 22555650 151939861 308409917 482905428
000 97338191 16418915 80919276 000 97338191
000 1293261933 188179341 644103335 460979257 1293261933
000 40256589 3111265 23294874 13850450 40256589
000 51415641 3966695 27803574 19645372 51415641
000 39081101 1341404 37739697 000 39081101
000 90553865 919354 51931293 37703218 90553865
609900 32660228 3790214 28870014 000 32660228
000 108829188 17020895 91808293 000 108829188
000 270872675 59309959 91554972 120007744 270872675
933200 48575701 6013487 42562214 000 48575701
000 74018695 152552 65490732 8375411 74018695
265000 173794837 17625924 74121443 82047470 173794837
000 89371787 4889405 36634262 47848120 89371787
000 68138415 10048539 34627978 23461898 68138415
1183000 229288594 54666556 129037760 45584278 229288594
000 291106044 37907571 182148845 71049628 291106044
1017221 63005160 11991559 51013601 000 63005160
000 32134286 649123 29501774 1983389 32134286
000 000 000 000 000 000
000 8485249 191321 7912011 381917 8485249
000 19944049 000 19944049 000 19944049
000 56037990 2103737 39709493 14224760 56037990
000 22023595 343637 17343286 4336672 22023595
000 11672775 000 5208004 6464771 11672775
000 27813837 313420 22100329 5400088 27813837
000 41132739 245529 27814194 13073016 41132739
000 13422121 1021739 10909078 1491304 13422121
000 30530858 229150 24383070 5918638 30530858
5000000 53132970 13650801 36422521 3059648 53132970
000 37344569 4485527 17037691 15821351 37344569
000 7361323 9024 5470985 1881314 7361323
182576
10617286 4682785789
779444375
2496736276 1406605138 4682785789BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
PUBLIC TRUST FUNDS LOAN FUNDS
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
CASH AND FUND EQUITY
TEMPORARY RESERVED
INVESTMENTS INVESTMENTS TOTAL FUND BALANCES
72687768 462878489 535566257 535566257
21302366 257041124 278343490 278343490
35377494 565635889 601013383 601013383
203198369 947508690 1150707059 1150707059
5003577 53776708 58780285 58780285
9111881 3325510 12437391 12437391
5044077 47338320 52382397 52382397
3931010 48263667 52194677 52194677
9850503 128861038 138711541 138711541
28298849 72435542 100734391 100734391
23172829 258362644 281535473 281535473
18620585 42329488 60950073 60950073
2947578 12956263 15903841 15903841
12867346 74761679 87629025 87629025
21372041 93019372 114391413 114391413
5362075 37354968 42717043 42717043
7218785 177867704 185086489 185086489
10545968 168071083 178617051 178617051
6006059 64140146 70146205 70146205
3505214 4558133 8063347 8063347
000 000 000 000
80956 813090 894046 894046
4219258 2194181 6413439 6413439
4581305 7890755 12472060 12472060
000 000 000 000
85300 99400 184700 184700
199817 2383746 2183929 2183929
000 000 000 000
3944689 2248397 6193086 6193086
74043 1543577 1617620 1617620
3270671 19506593 22777264 22777264
7096964 103623027 110719991 110719991
124900 145453 270353 270353
Skidaway Institute of Oceanography
528702643 3660934676 4189637319 4189637319
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
PUBLIC TRUST FUNDS ENDOWMENT FUNDS
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
CASH AND FUND EQUITY
TEMPORARY RESERVED
INVESTMENTS INVESTMENTS TOTAL FUND BALANCES
1245860512 1 76449658 1422310170 1422310170
5601633 000 5601633 5601633
6700141 3 11283311 304583170 304583170
1093080523 5 90628562 1683709085 1683709085
000 000 000 000
10950790 000 10950790 10950790
4127993 9161111 13289104 13289104
45995169 5472669 51467838 51467838
6700000 1939246 8639246 8639246
118821984 68414294 187236278 187236278
12024060 000 12024060 12024060
10398 56320871 56331269 56331269
39289018 2303098 41592116 41592116
71577860 44056454 115634314 115634314
2200000 000 2200000 2200000
11877683 000 11877683 11877683
34807628 46397864 81205492 81205492
000 000 000 000
000 000 000 000
000 000 000 000
000 000 000 000
1145900 000 1145900 1145900
3318634 4007809 7326443 7326443
12973958 000 12973958 12973958
000 000 000 000
1825259 000 1825259 1825259
2295543 000 2295543 2295543
961025 000 961025 961025
000 000 000 000
000 000 000 000
767527 000 767527 767527
16895180 000 16895180 16895180
5199151 000 5199151 5199151
2741607287 1316434947 4058042234 4058042234
The accompanying notes are an integral part of these financial statements
159BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
CASH AND
TEMPORARY ACCOUNTS PREPAID
INVESTMENTS INVESTMENTS RECEIVABLE EXPENSE
j 83341529 000 7529237 S 000
9800000 000 10000000 000
243565813 000 220000000 000
438979162 000 1008096 000
298972 806966 000 000
1261844 000 444117 000
4431424 000 000 000
5279198 000 000 000
1419306 000 4886531 000
12128428 000 000 000
88477599 000 000 000
1587268 000 000 000
7337978 000 2318865 000
3973103 000 228780 000
000 000 000 000
5782238 000 429500 000
10803090 000 000 000
20035086 000 000 000
JUNIOR COLLEGES
Abraham Baldwin Agricultural Colleg
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
4976909
1602069
517949
90912
3362200
13496749
1595001
6688588
11925193
1629045
1202775
17238103
29700
2589692
1144965
000 000 70777
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 287225 000
000 000 000
000 000 000
000 743534 000
000 143116 000
OTHER
Skidaway Institute of Oceanography
864768
987797256
06966 248019001
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1986
LIABILITIES AND FOND EQOITY
FUND EQUITY
UNRESERVED
FUND BALANCES SURPLUS DUE TO

CURRENT RESERVED BOARD OF
TOTAL LIABILITIES FUND BALANCES REGENTS TOTAL
90870766 90870766 000 S 000 90870766
200000 200000 000 000 200000
463565813 462807060 000 758753 463565813
439987258 439987226 000 032 439987258
1105938 298972 8 06966 000 1105938
1705961 1664060 000 41901 1705961
4431424 4394700 000 36724 4431424
5279198 4645236 6 31600 2362 5279198
6305837 6148300 000 157537 6305837
12128428 11397179 000 731249 12128428
88477599 88476952 000 647 88477599
1587268 1228250 000 359018 1587268
9656843 9518616 000 138227 9656843
4201883 4043965 000 157918 4201883
000 000 000 000 000
6211738 5943828 000 267910 6211738
10803090 10803090 000 000 10803090
20035086 20035086 000 000 20035086
5047686 5047669 000 017 5047686
1602069 1573000 000 29069 1602069
517949 249125 000 268824 517949
90912 000 000 90912 90912
3362200 3344200 000 18000 3362200
13496749 3761919 96 82062 52768 13496749
1595001 1265301 000 329700 1595001
6688588 158228 64 73597 56763 6688588
11925193 563360 113 99095 37262 11925193
1629045 1629045 000 000 1629045
1490000 1490000 000 000 1490000
17238103 635451 158 90773 711879 17238103
29700 000 000 29700 29700
3333226 3329100 000 4126 3333226
1288081 461010 7 19023 108048 1288081
364768
864768
864768
S 1236694000 1185970694
45603116
5120190 S 1236694000BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
EXPENDED PLANT FUND
JUNE 30 1986
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
IMPROVEMENTS
OTHER THAN
BUILDINGS
1250771902 13096534323 1407703316
682102920 6213509185 180302159
401875728 9833971684 234783880
617733322 20263392464 1426589359
99457733 1428613799 199749007
25825382 1305983365 89885183
204761149 1400091212 102452082
134203975 1585949491 76332690
63832639 2391900026 235327576
39449590 1799952781 178337696
4889900 3649865481 175497992
558000 1632063502 86592962
12191500 1271153318 57958737
29544049 1671415279 174139642
32597516 1905423444 398387503
80598473 1203929580 46673740
150810642 3004377527 193490752
45128713 3173490885 108435603
6744125 1424540004 271694215
98911273 634259793 12898448
136163571 677568290 61316789
9146856 358682961 44286217
114827562 665157684 29931039
48227574 1007240039 161298146
7246530 644374028 113058844
15285945 185641453 62580559
16949000 719037026 61579976
11199000 468022081 37451889
17850789 842084475 20374110
43970717 542188863 118858721
1840000 1070354841 74212101
17332148 1241766730 53726066
19799000 336984827 33902539
449 460 00
44 867 732 23

292931252
88711902
87942451693 6618521440
The accompanying notes are an integral part of these financial statementsBALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
EXPENDED PLANT FUND
JUNE 30 1986
INVESTMENT IN PLANT
DUE ro
EQUIPMENT OTHER FUNDS
13524875822 183 82577
5637820790 000
7053175362 000
20219082939 745 22192
512849156 000
636999883 000
851694688 000
928232440 000
1099919390 000
778758799 000
1922065029 000
643870267 000
678111231 000
492018143 000
745580901 000
1093546182 000
1230103475 000
1322515747 000
CONSTRUCTION
IN PROGRESS
FUND EQUITY
INVESTMENT
IN GENERAL
FIXED ASSETS
000 29261502786 29261502786
000 12713735054 12713735054
000 17523806654 17523806654
000 42452275892 42452275892
000 2240669695 2240669695
000 2058693813 2058693813
000 2558999131 2558999131
000 2724718596 2724718596
000 3790979631 3790979631
000 2796498866 2796498866
000 5752318402 5752318402
000 2363084731 2363084731
000 2019414786 2019414786
000 2367117113 2367117113
000 3081989364 3081989364
000 2424747975 2424747975
000 4578782396 4578782396
000 4649570948 4649570948
4432
3494
3000
1270
2201
4214
3443
1376
2386
2656
2792
2930
4347
3279
1381
05622
60473
01868
33275
62752
04636
13249
24560
17411
75055
75576
07642
90918
41824
06513
000 6884678 2153068644 2153068644
000 000 1095529987 1095529987
000 000 1175050518 1175050518
000 180918 539330227 539330227
000 000 1030079037 1030079037
000 000 1638170395 1638170395
000 000 1108992651 1108992651
000 000 401132517 401132517
000 000 1036183413 1036183413
000 000 782348025 782348025
000 000 1159584950 1159584950
000 000 998025943 998025943
000 000 1581197860 1581197860
000 000 1640766768 1640766768
000 000 528792879 528792879
245895109
672484263
672484263
j 63937736727
92904769
7065596 162899643910 162899643910BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1986
CASH AND
TEMPORARY
INVESTMENTS
ACCOUNTS
RECEIVABLE
PREPAID
EXPENSE
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
66062763
90617023
6583818
1163A0863
10898536
7457586
7656626
17711889
5140443
7352144
22808444
11241250
25788816
12846980
11771580
18323898
9890250
20836694
2292000
432657
000
58027
4242876
42969
168425
672623
3451645
12300
16483423
106600
42000
22400
217847
84300
7131874
000
153500
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
5669521 227749 5227
5251986 000 000
6119667 62000 000
654110 000 000
3570734 000 000
5729272 15000 59400
1145550 41000 000
594654 000 000
2099995 9000 000
8107147 10400 000
850992 000 000
767683 000 000
1121922 126674 000
1949179 000 000
120508 8000 000
457461405
35961789
The accompanying notes are an integral part of these financial statements
164 BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1986
LIABILITIES AND FUND EQUITY
CURRENT FUND EQUITY
RESERVED UNRESERVED
TOTAL LIABILITIES FUND BALANCES FUND BALANCES TOTAL
68508263 27386173 83 69147 32752943 68508263
91049680 38385235 000 52664445 91049680
6583818 1235900 000 5347918 6583818
116398890 15607012 000 100791878 116398890
6655660 4899419 000 11555079 6655660
7500555 7324361 000 176194 7500555
7825051 4580095 000 3244956 7825051
18384512 7569280 000 10815232 18384512
1688798 2866929 000 4555727 1688798
7364444 1854433 000 5510011 7364444
39291867 31263123 000 8028744 39291867
11347850 4170400 000 7177450 11347850
25830816 13198310 000 12632506 25830816
12869380 3304968 000 9564412 12869380
11553733 2223000 000 13776733 11553733
18408198 6232440 000 12175758 18408198
17022124 18362244 000 1340120 17022124
20836694 12012804 000 8823890 20836694
5902497
5251986
6181667
654110
3570734
5803672
1186550
594654
2108995
8117547
850992
767683
1248596
1949179
128508
1976352
1315547
2680450
259383
1405345
1294685
338000
87000
377902
4859656
690000
627200
794086
756215
126000
000 3926145 5902497
000 3936439 5251986
000 3501217 6181667
000 394727 654110
000 2165389 3570734
000 4508987 5803672
000 848550 1186550
000 507654 594654
000 1731093 2108995
000 3257891 8117547
000 160992 850992
000 140483 767683
000 454510 1248596
000 1192964 1949179
000 2508 128508
493641321 S 220063947
8369147 265208227 S 493641321
BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS PRIVATE TRUST
JUNE 30 1986
LIABILITIES AND FUND EQUITY
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern Technical Institute
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Clayton Junior College
Dalton Junior College
Emanuel County Junior College
Floyd Junior College
Gainesville Junior College
Gordon Junior College
Macon Junior College
Middle Georgia College
South Georgia College
Waycross Junior College
OTHER
Skidaway Institute of Oceanography
CASH AND TEMPORARY FUND EQUITY
ACCOUNTS CURRENT RESERVED
INVESTMENTS RECEIVABLE TOTAL LIABILITIES FUND BALANCES TOTAL
223498474 000 223498474 161848409 61650065 223498474
320389443 14202 320403645 55916686 264486959 320403645
453500125 000 453500125 396412969 57087156 453500125
1215747399 167176 1215914575 1057194268 158720307 1215914575
1958488 99033 2057521 000 2057521 2057521
16898606 000 16898606 6653181 10245425 16898606
35625789 9430 35635219 2188544 33446675 35635219
6708169 000 6708169 2626383 4081786 6708169
17393377 5164324 22557701 16546206 6011495 22557701
13476460 000 13476460 7264309 6212151 13476460
53717281 000 53717281 39988322 13728959 53717281
1706025 9065255 10771280 2249870 8521410 10771280
8321705 14335328 6013623 4189678 1823945 6013623
14318741 000 14318741 1588113 12730628 14318741
9313327 000 9313327 1700621 7612706 9313327
13592786 000 13592786 2390980 11201806 13592786
19740540 94291 19834831 7872523 11962308 19834831
14944247 000 14944247 2883346 12060901 14944247
10338105 000 10338105 1750757 8587348 10338105
4569937 000 4569937 2009718 2560219 4569937
16134141 20152480 4018339 1571744 2446595 4018339
1500726 000 1500726 724828 775898 1500726
3336614 000 3336614 1103186 2233428 3336614
2243667 000 2243667 622624 1621043 2243667
1453709 000 1453709 717089 736620 1453709
1215365 000 1215365 779366 435999 1215365
5695906 75735 5771641 1214355 4557286 5771641
2787765 000 2787765 1687250 1100515 2787765
1472839 000 1472839 1167221 305618 1472839
5505268 48424 5553692 1748912 3804780 5553692
2999661 000 2999661 1057793 1941868 2999661
5941195 000 5941195 2125159 3816036 5941195
835433 000 835433 171264 664169 835433
114154
2458083775 S
49225678
1788079828 S
000 114154
19229625 2507309453

The accompanying notes are an Integral part of these financial statementsfc
UNIVERSITY OF GEORGIA LIBRARIES
3 BIDS D5357 3bDT