1
REPORT
OF THE
STATE AUDITOR
OF
GEORGIA
YEAR ENDED JUNE 30
1987
Received MAR 19 198b r fcfatpffudttor
DOCUMENTS UGA LIBRARIES
REPORT
OF THE
STATE AUDITOR
OF
GEORGIA
YEAR ENDED JUNE 30
1987
GW HOGAN
STATE AUDITOR
4046562174
ADMINISTRATION AND
TAX RATIO
404 6567206
270 WASHINGTON STREET
ROOM 214
Atlanta QSeorgia 30334
December 31 1987
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 1987
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
I

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 OF GEORGIA
COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
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 FUND ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINING BALANCE SHEET BUDGET FUND BY STATE UNITS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUND ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUND BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
Combining 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
Combining Balance Sheet by State Units
PRIVATE TRUST AND AGENCY FUNDS
Combining Balance Sheet by State Units
Pane
4
8
14
18
22
26
32
40
41
49
50
52
54
55
57
58
63
66
70
74
90
95
96
101
105
109
112
113
116
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 GEORGIATABLE OF CONTENTS
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
FINDINGS AND IMPROPER OR QUESTIONED COSTS
COMBINING BALANCE SHEETS 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
Investment in Plant
Agency Funds Student Activities
Agency Funds Private Trust
Page
136
140
146
148
151
152
154
155
156
158
160
1621 COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
3COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
GOVERNMENTAL FUND TYPES
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expenditures
Land Buildings and Equipment
Amount Available in Debt Service Fund
Amount to be Provided for Payment of
General Obligation Bonds
Accrued Compensated Absences
LeasePurchases
Penalties and Assessments
Quality Control Sanctions
128754766643
2569994676
5644631274
125133643147
1602509424
100041225221
47871368
STATE
REVENUE
COLLECTIONS
246120058
DEBT
SERVICE
4362462480
CAPITAL
OUTLAY
54086414683
Total Assets
131324761319 232469880434
246120058 4362462480 54086414683
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Due to Other Funds
Deferred Revenue
Contractors Retainage Escrow Deposits
State Bonds and Certificates of 1838
1879 and 1940
Deferred Compensation Program Payables
Payroll Withholdings
General Obligation Bonds Payable
Compensated Absences Payable
LeasePurchases Payable
Penalties and Assessments
Quality Control Sanctions
Total Liabilities
Fund Equity
Investment in General Fixed Assets
Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for 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 Years
Expenditures
Surplus
Total Fund Equity
99846970993
20450114452
97651581175
9898063743
54992397
2569994676
304060926
3528196767
99846970993 134457004136
730394034
916532129
5421318777
16263956332
98012876298
8145589054
186110713
1560500
1560500 186110713
246120058
4360901980
53900303970
31477790326 98012876298
246120058
4360901980 53900303970
Total Liabilities and Fund Equity 131324761319 232469880434 246120058 4362462480 54086414683
The notes to the financial statements are an integral part of this statementCOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
ACCOUNT GROUPS
FIDUCIARY FUND TYPES
PUBLIC
TRUST
86409964639
791407677957
11302305312
PRIVATE TRUST
AND AGENCY
97318624087
4304740246
30130078
GENERAL
FIXED
ASSETS
242753791461
GENERAL
LONGTERM
DEBT
4360901980
156464098020
9158648823
192889383
1727400700
4317070500
UNITS OF THE
UNIVERSITY
SYSTEM
OF GEORGIA
14838618286
6454224080
7809457049
1713517110
105080446
173714263930
4907053200
1702509170
TOTALS
Memorandum Only
1987
337575187467
856253056966
144275535586
3316026534
102611219897
152951814
416468055391
4360901980
156464098020
14065702023
1895398553
1727400700
4317070500
1986
311127869969
720719544454
142252052985
3209606945
106297370446
113189353
374946255048
453254030
142611245970
13148195075
2137871480
1188362600
369744500
889119947908 101653494411 242753791461 176221009406 211244723271 2043482605431 1818574562855
5094020469 S
128970156
4347420798
503726496
160825000000
9158648823
192889383
1727400700
4317070500
5094020469
7744858498
502191429
194254228
3120467570
49070532
17025091
186110713
33417963575
97651581175
9898063743
557183826
102611219897
3424528496
3528196767
1560500
4347420798
503726496
160825000000
14065702023
1895398553
1727400700
4317070500
19271270
51773210502
94220256207
16348534443
609503902
106297370446
3077124528
3293421992
1560500
000
530309863
143064500000
13148195075
2137871480
1188362600
369744500
4980117450
242753791461
176221009406 18171334095 438958127762 436079237308
173714263930 416468055391 374946255048
730394034
000
368011474
916532129
5421318777
16263956332
866999264
5020725086
15062175259
98012876298 104058400552
246120058 1263290043
4360901980 453254030
54268315444 41005976817
884025927439
96673376961
4150496591
8823666563
817698024
4150496591 3836218045
892849594002 754701898486
97491074985 73738820583
5199252594
5199252594
8145589054
4062864441
3478447893
884025927439 96673376961 242753791461
193073389176 1604524477669 1382495325547
101653494411 242753791461 176221009406 211244723271 2043482605431 1818574562855COMBINED 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
YEAR ENDED JUNE 30 1987COMBINED 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 1987
FUND BALANCES JULY 1
Reserved
Unreserved
Designated for Subsequent Years Expenditures
Surplus
GENERAL
BUDGET
20949899609 104058400552
3478447893
24428347502 104058400552
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
2569994676
28907795650
194254228
6561600829
95645596044
31477790326 102401451101
2569994676
2760271125
24428347502 103116709554
24428347502 108446975355
FUND BALANCES JUNE 30
31477790326 98012876298
The notes to the financial statements are an integral part of this statementCOMBINED 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
YEAR ENDED JUNE 30 1987
STATE
REVENUE
COLLECTIONS
1263290043
1263290043
DEBT
SERVICE
CAPITAL
PROJECTS
UNITS OF THE
UNIVERSITY SYSTEM
OF GEORGIA
TOTALS
Memorandum Only
1987
1986
453254030 40960373701 3881821161 171567039096 170322832814
3797656214
3797656214
3478447893
3380774850
19727988603
453254030 S 40960373701 7679477375 178843143203 193431596267
246120058
246120058

219516770
6902344694
2569994676
194254228
6781117599
189963062396
2278725185
79763664
2746112343
171859777389
4360901980 53900303970
4360901980 S 53900303970 S 7121861464 199508428899 S 176964378581
1263290043 453254030 40960373701
194254228
6000372405
2569994676
194254228
2760271125
176222347235
2278725185
79763664
619424059
188574918737
1263290043 S 453254030 S 40960373701 6194626633 181746867264 S 191552831645
4360901980
53900303970 S 8606712206 196604704838 178843143203SECTION II
REPORT OF THE STATE AUDITOR OF GEORGIA
OF
ALL STATE AGENCIES
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIACOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
13COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
GOVERNMENTAL FUND TYPES
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expenditures
Land Buildings and Equipment
Amount Available in Debt Service Fund
Amount to be Provided for Payment of
General Obligation Bonds
Compensated Absences
LeasePurchases
Penalties and Assessments
Quality Control Sanctions
GENERAL
128754766643
2375740448
5644631274
125133643147
1602509424
99846970993
47871368
STATE
REVENUE DEBT
COLLECTIONS SERVICE
246120058
4362462480
Total Assets
131130507091 232275626206
246120058
4362462480
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Due to Other Funds
Deferred Revenue
Contractors Retainage Escrow Deposits
State Bonds and Certificates of 1838 1879 and 1940
Deferred Compensation Program Payables
Payroll Withholdings
General Obligation Bonds Payable
Compensated Absences Payable
LeasePurchases Payable
Penalties and Assessments
Quality Control Sanctions
Total Liabilities
Fund Equity
Investment in General Fixed Assets
Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for 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
Public Trust Funds
Private Trust and Agency Funds
Unreserved
Surplus
Total Fund Equity
99846970993
20450114452
97651581175
9898063743
54992397
2375740448
304060926
3528196767
99846970993 134262749908
730394034
916532129
5421318777
16263956332
98012876298
7951334826
1560500
1560500
246120058
31283536098 98012876298
246120058
4360901980
4360901980
Total Liabilities and Fund Equity
131130507091 232275626206 246120058 4362462480
The notes to the financial statements are an integral part of this statement
14COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
ACCOUNT GROUPS
FIDUCIARY FUND TYPES GENERAL GENERAL TOTALS
CAPITAL PUBLIC PRIVATE TRUST TRUST AND AGENCY LONGTERM Memorandum
ASSETS DEBT 1987 1986
54086414683 86409964639 973186240 791407677957 43047402 11302305312 301300 87 46 78 322736569181 849798832886 136466078537 1602509424 102222711441 47871368 297406400721 715659184277 135442546112 1483637650 106137843118 49313462
242753791461 242753791461 212046611138
4360901980 156464098020 9158648823 192889383 1727400700 4317070500 4360901980 156464098020 9158648823 192889383 1727400700 4317070500 453254030 142611245970 8539560831 242794668 1188362600 369744500
54086414683 S 889119947908 101653494411 242753791461 176221009406 9 1831849373704 S 1621630499077
186110713
5094020469
128970156
186110713
5094020469
4347420798
503726496
4980117450
160825000000
9158648823
192889383
1727400700
4317070500
186110713
25673105077
97651581175
9898063743
54992397
102222711441
304060926
3528196767
1560500
4347420798
503726496
160825000000
9158648823
192889383
1727400700
4317070500
447
942
163
1061
2
32
5
1430
85
2
11
3
192
608
202
485
307
378
867
934
15
303
645
395
427
883
697
71270
96662
56207
34443
40846
43118
47531
21992
60500
000
09863
00000
60831
94668
62600
44500
176221009406 S 420592539439 419034545031
242753791461
242753791461 212046611138
53900303970
884025927439
96673376961
53900303970 884025927439 96673376961 S 242753791461
730394034
916532129
5421318777
16263956332
98012876298
246120058
4360901980
53900303970
84025927439
96673376961
7951334826
000
866999264
5020725086
15062175259
104058400552
1263290043
453254030
40960373701
746454218933
73011221811
3398684229
1411256834265 1202595954046
54086414683 889119947908 S 101653494411 242753791461 S 176221009406 1831849373704 1621630499077COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987
FUND BALANCES JULY 1
Reserved
Unreserved
Surplus
ADDITIONS
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 Balance Carried Over from
Prior Year as Funds Available
FUND BALANCES JUNE 30
GENERAL BUDGET
20949899609 104058400552
3398684279
24348583838 10405840055
2375740448
5 6561600829
28907795650 95645596044
31283536098 102207196873
2375740448
2760271125
103116709554
24348583838
24348583838 108252721127
31283536098 98012876298
The notes to the financial statements are an integral part of thi
s statement
18COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987
STATE
REVENUE DEBT
COLLECTIONS SERVICE
1263290043
1263290043
1987
TOTALS
Memorandum Only
1986
453254030 40960373701 167685217935 164499242022
3398684229 19667555852
453254030 40960373701 171083902164 184166797874
246120058
2375740448
2198961521
6561600829 4988162221
246120058 4360901980 53900303970 183060717702 165810244872
4360901980 53900303970 191998058979 172997368614
1263290043
1263290043
2375740448 2198961521
2760271125 619424059
453254030 40960373701 170142211166 183261878744
453254030 40960373701 175278222739 186080264324
246120058 4360901980 53900303970 187803738404 171083902164COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987
Taxes Fines and Forfeits
Federal Financial Assistance
Donations
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
Current
Personal Services
Regular Operating Expenses
Benefits
Grants
Other
Travel
Motor Vehicle 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
5 6352017744
599569 202735088425
3142109
1859213610
624023577
73092277280
599569 284665762745
000 127537935821
1284942
3437754
517260
18773
15024
12018
32749
79005
33149
50736
501923
745252
20483
301337
45689
39275
24423
14510
63126
21561
76598
17845
58002
42835
34841
13964
01165
23200
000 832578912855
599569 547913150110
24348583838 103116709554
2760271125
540333536600 540333536600
542131877718
108500000
28907196081 643558746154
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
28907795650 95645596044
The notes to the financial statements are an integral part of this statement
22 COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1987
STATE
REVENUE DEBT
COLLECTIONS SERVICE
CAPITAL
PROJECTS
1987
TOTALS
Memorandum Only
1986
522613993742
524862445
8528882727
9446968819
541114707733
654156834
528966011486 490968916404
202735687994 196950299746
3547596721
6801030518
3142109
524862445
14589849892
624023577
89340276617
4579019
600102717
17231043025
555469506
80955837228
654156834 10348627239 836783854120 787266247645
127537935821 116601192029
30133723200
21528500000
000
9421762515
128494245689 112873758669
343775439275 343466592012
528 033 24 51778827747 1877314510 1502463126 1201821561 3274976598 7900517845 3314958002 5073642835 46739616513 1784526088 1498976989 1154162592 3158687344 6362245621 2988669584 5146363171
8215 118 56 51013846697 48374394798
321315 771 36 106656791100 2048301165 000 21528500000 000 9421762515 111074029016 3386240426 000 17393000000 35632500000 19156969402
541114707733
816539315 33005892316 866401344486 876791924254
162382481 22657265077 29617490366 89525676609
1263290043
542131877718
540868587675
453254030 40960373701 170142211166 183261878744
2760271125 619424059
000 000
000 000
000 39289000000 39289000000 72774000000
000 000 646547973
612500000 612500000 000
000 000 361330000
4070030431 4178530431 4402353819
4178530431 4178530431 4402353819
125774223 76557569047 5 125774223 212678208068 5 311503349
4523284461 255335921481
246120058 4360901980 53900303970 183060717702 165810244872
23ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
25ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUNDS AND ACCOUNT GROUPS INCLUDED IN FINANCIAL STATEMENTS
ate accounting
liabilities
ual funds based
The accompanying financial statements account for all State Federal and Other S
and unless otherwise disclosed in these notes are presented in compliance wit
governments Funds and account groups presented in this report are as follow
GOVERNMENTAL FUND TYPES
ources of revenue under the control of the S
pliance with generally accepted accounting principles
tate of Georgia
applicable to
GENERAL FUND
Division
year
theinterestdeceived0 revenul V T CUeCtins remied the Department of Administrative Services Fiscal
interest received revenue funds paid out and transfers to the various State agencies for operational costs in the fiscal
This fund is a consolidation of the
BUDGET FUND
operations and ards comigsion8 under the q
Url irh ara rarrfnA a1 1 r
Budget Funds of the various units of State government These funds account for the
as approved February 24 1987 and April 17 1987 bards n commissions under the terms of Act Nos 46 and 753 of Georgia L
19861987 P re8Pelvely hh are referred to in this report as the Amended Appropriations Act of
rotr3itll6froiiccorliion of the tate Revenue coiitiFunds
as required by State law Revenues collected bvtL VarlUS T d foreits fees rents Merest d sales of services
of the fiscayear wille remitted in tnubsquent Meeting units are remitted to the General Fund Unremitted funds at the end
prLipalVIaL TntIttheongterm d ZZL TSTi di of such resources to pay
State resulting from the issuance a 1 k k frm lssuance f 0enal Obligation bonds Longterm debt of the
various authorities and ne accountabilitv thrW8h le between various governmental agencies and the
issuing authorities accountability of the resource and the payment of principal and interest of this debt are with the various
cfoiltl TECTS FUND ThlS fUnd 1S U8ed t0 aUnt r the accumulation of resources
capital outlay projects by the Georgia State Financing and Investment Commission
FIDUCIARY FUND TYPES
and the subsequent disbursement of such resources for
orBLemployeeT group TJtTtl IZmILILTIITil LSS Ste a8 a a dual an organization
of the spending unL administering the trust 8 fUnded available reourc through transfers to the Budget Fund
SCfiLT IheSe UDdS US6d E r acts as an agent for various governmental
ACCOUNT GROUPS
aTet pufchafedLe corLTlsdUures ITSfLttlTS 1 I h 1 1 Fixed
Ltrthe date donated and dispo are d d strras iTirralr narket
0blig1tion0bondsndEto report tnenoncSrrent portions bndSd indeb the State from the sale of General
absences and leasepurchase agreements 1 from far tl longterm liabilities such as claims judgments compensated
liabilities is in accordance with gLerllW accepted vernmerr Thlmethd ri8 the noncurrent portion of certain longterm
during the year ended June 30 1987 and is therefore TcZZe in th0VU This hod recording longtera debt was begun
u is tnererore a change in the application of accounting principles
BASIS OF ACCOUNTING
Accounting calledtheif EaTcruel01 hisbasis86 I FUdS ln 1 comprehensive basis of
than accrued interest of general wterm dlb t ere recLoT f k hat ethod tin8 in ich expenditures other
cash except for material o availablf revenues which sh T Uabl les a ind venues are recorded when received in
Contractual obligations for services which have not been h ST refeCt Pr0Perly the tax levii and the revenues earned
are recognized as expenditures and liabilities in tttlr f S delired at the end of the fiscal year
expenditures and liabilities is in accordance t L l lal statements The recognition of encumbrances of this nature as
accepted accounting principles which provide for the recoroint ofT T108 StSte budeta but is t consistent with generally
p r cne recording of encumbrances as a reservation of fund balance
the CasT Receipts andDisWsementsbasisoalcountin T1 rieZtS Fund and the Private T and Agency Funds are maintained on
revenue and the related assets are recognized when received rather thanwh aCC0Untln ls deaned as that ethd accounting in which certain
when the obligation is incurred received rather than when earned and certain expenses are recognized when paid rather than
BUDGET
Legislature thrGovernorThrbudgetlare compiled inT b3SiS J Subraitted h the Stat agencies and approved by the
object classes as provided in Act Nof 46 and 753 of Georgia 112 Em S and expenditures are classified by budget unit
are referred to in this report as the Amended ApproprUtionsct of 1986198aPP AprU 198 Pti17 i
NOTE 2 RESERVED FUND BALANCES
DESIGNATED FOR APPROPRIATION TO DEPARTMENT OF TRANSPORTATION
A reserve fund ba1anrp fnr i noo
542930394034 for t ar endeduneo 1oIkll T dd he net Motor Fuel Tax collections of
June 30 1988 as provided by Article III Section ixer f
26 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 2 RESERVED FUND BALANCES
DESIGNATED FOR APPROPRIATION TO PEACE OFFICER AND PROSECUTOR TRAINING FUND
Act No 451 of the 1983 Session of the General Assembly provides that An amount equal to all funds remitted as provided in the Official Code of
Georgia Annotated Section 152174 in the immediately preceding year shall be appropriated to fund law enforcement or prosecutorial officers
training or both and activities incident thereto During the year ended June 30 1987 916532129 was received from the Department of
Revenue for this purpose and a like amount is reserved for the 1988 appropriation
MIDYEAR ADJUSTMENT RESERVE
Act No 1423 of the 1982 Session of the General Assembly 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 On June 30 1987 the reserved fund balance for
Midyear Adjustment Reserve was 5421318777
REVENUE SHORTFALL RESERVE
Act No 901 of the 1976 Session of the General Assembly abolished the Working Reserve Fund and created the Revenue Shortfall Reserve in lieu of
the Working Reserve The 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
On June 30 1987 the reserved fund balance for Revenue Shortfall Reserve was 16263956332
NOTE 3 RECLASSIFICATION OF REVENUES AND TRANSFERS
Revenue from the Budget Fund 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
NOTE 4 TOTAL COLUMNS ON COMBINED STATEMENTS OVERVIEW
Total columns on the Combined Statements Overview are captioned Totals Memorandum Only to indicate that they are presented only to
facilitate financial analysis Data in these columns do not present financial position 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
NOTE 5 GENERAL LONGTERM DEBT
GENERAL OBLIGATION BONDS
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 1974
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
1977C
1977D
1980A
1985D
1986D
1987B
Principal Amount
2000000
2000000
17500000
5500000
500000
47000000
75500000
2500000
7500000
17500000
85000000
2500000
150000000
1371500000
2688000000
4474500000
COMPENSATED ABSENCES PAYABLE
In accordance with State policy the cost of annual and sick leave is recorded when paid rather than when earned
All State employees except employees of the Superior Courts of Georgia earn one and onequarter days per month of annual leave for State
service not in excess of five years employees with service of five to ten years earn one and onehalf days per month annual leave and
employees with service in excess of ten years earn one and threequarter days per month annual leave Employees earning annual leave on this
basis except employees of the State Soil and Water Conservation Committee may accrue up to fortyfive days of annual leave and are paid for
unused accumulated annual leave upon retirement or termination of employment Funds are provided in the appropriation of State funds each year
to cover the cost of annual leave of terminated employees
All State employees except employees of the Superior Courts of Georgia and the Board of Regents of the University System of Georgia 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 sick leave
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
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 5 GENERAL LONGTERM DEBT
COMPENSATED ABSENCES PAYABLE
Certain employees who retire with one hundred and twenty days or more of forfeited annual and sick leave are entitled to additional service
credit in the Employees Retirement System of Georgia
CHANGES IN GENERAL LONGTERM DEBT
A summary of changes in General LongTerm Debt for the year ended June 30 1987 follows
Balance July 1 1986
Additions
Retroactive Restatement of Prior Year
Balances Payable
Annual Leave Earned and Utilized Net
Bonds Issued
Penalties and Assessments
Quality Control Sanctions
General
Obligation Bonds
143064500000
39289000000
Compensated
Absences
000
8539560831
619087992
LeasePurchases
000
242794668
Penalties and
Assessments
000
1188362600
539038100
Quality Control
Sanctions
369744500
3947326000
Deductions
Retirements
Balance June 30 1987
21528500000
49905285
160825000000 9158648823 192889383 1727400700 4317070500
The liability for compensated absences at June 30 1987 has been adjusted to reflect current salary and wage costs
NOTE 6 PRIOR YEAR DEFEASANCE OF DEBT
In the prior year the State of Georgia defeased certain general obligation bonds by placing the proceeds of the new bonds in an irrevocable
trust to provide for all future debt service payments on the old bonds Accordingly the trust account assets and the liability for the
defeased bonds are not included in the State of Georgia General Obligation Debt Sinking Funds financial statements At June 30 1987
35632500000 of bonds outstanding were considered defeased
NOTE 7 RETIREMENT SYSTEMS
EMPLOYEES RETIREMENT SYSTEM OF GEORGIA
This Retirement System was established in 1949 for all regular employees of State Departments Bureaus etc and Tax Collectors their
employees and State Court employees The 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 56400 members of
which approximately 35000 remain under the old benefits plan At June 30 1987 the contribution of 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 1286 of annual salary At June 30 1987 there were approximately 21400 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 1786 of annual salary The consulting actuary is George B Buck Consulting Actuaries Inc New York New York
GEORGIA LEGISLATIVE RETIREMENT SYSTEM
This 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 of Georgia 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 225 active members who contribute 8 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
TEACHERS RETIREMENT SYSTEM OF GEORGIA
This Retirement System 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 144000 members of which approximately 120000 are active and
contribute 6 of their salaries The employer currently contributes 1343 of the salaries The consulting actuary is George B Buck
Consulting Actuaries Inc New York New York
PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM OF GEORGIA
This Retirement System 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 of Georgia This Retirement System has approximately 27112 active members who
contribute 400 each per month for nine months of the year In the current year the State contributed 1245000000 The consulting actuary
is George B Buck Consulting Actuaries Inc New York New York
TRIAL JUDGES AND SOLICITORS RETIREMENT FUND
This Retirement Fund was established in 1968 for Superior Court Judges District Attorneys City Judges and Solicitors This Retirement Fund
has 134 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 Retirement Fund is a money purchase plan and no actuarial valuation has been prepared
for this Retirement Fund
SUPERIOR COURT JUDGES RETIREMENT SYSTEM
This 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 Fund or join the Superior
Court Judges Retirement System Superior Court Judges who became judges after December 31 1976 became members of the new System The
Superior Court Judges Retirement System has 118 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 GeorgiaALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 7 RETIREMENT SYSTEMS
DISTRICT ATTORNEYS RETIREMENT SYSTEM
This Retirement System was established in 1978 for District Attorneys District Attorneys who were members of the Trial Judges
Retirement Fund on the date this Retirement System was established were given the option to remain in that Fund 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
employers contribution is currently 10 of salaries paid The consulting actuary is The Wyatt Company Atlanta Georgia
and Solicitors
The
29ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
FINDINGS AND IMPROPER OR QUESTIONED COSTS
31ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
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
83 of the Amended Appropriations Act of 19861987
Corrections Department of
A Departmental Operations
County Subsidy for Jails
B Correctional Institutions Transitional Centers and Support
Health Service Purchases
Human Resources Department of
A Departmental Operations
Benefits for Child Care
Grants to Counties DFACS for Operations
C Community Mental HealthMental Retardation Youth Services and Institutions
Supportive Living Staff
Uniform Alcoholism Projects
Insurance Department of
Travel
Publications and Printing
Public Safety Department of
A Public Safety Department of
Equipment Purchases
Regents of the University System of Georgia Board of
A Resident Instruction
Regular Operating Expenses
Authority Lease Rentals
Research Consortium
B Regents Central Office and Other Organized Activities
Regular Operating Expenses
Secretary of State
B Real Estate Commission
Equipment Purchases
NONCOMPLIANCE WITH PAYROLL REGULATIONS AND SALARY OVERPAYMENTS
14127300
24901516 39028816
6130019
45565295
1073227
238537
51695314
1311764 53007078
706830
1114657
1821487
7258299
191437
610184
23996
825617
7987019
48894
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
Corrections Department of
Defense Department of
Human Resources Department of
Judicial System
Superior Courts miscalculations of terminal pay and leave
Labor Department of
Pardons and Paroles Board of
Public Safety Department of
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
40276
13381
16808
2968713
60719
43982
64575
146849
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
where Federal funds were utilized in the purchase of equipment records were not maintained in accordance with Federal Property Management
btandards Inadequate records or serious deficiencies existed in the following State agencies
32 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
Agriculture Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Governor Office of the
Human Resources Department of
Industry and Trade Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURERS
Labor Department of
Pardons and Paroles Board of
Postsecondary Vocational Education State Board of
Public Service Commission
Public Telecommunication Commission Georgia
Removal of Hazardous Materials Agency for
Secretary of State
Student Finance Commission Georgia
Our review of internal controls and substantive testing in the various oflroMd ruHeficiencies
administration of Federal programs disclosed instances of noncompliance Our finding rJe utilization of funds and
the following State agencies
Labor Department of
Medical Assistance Department of
Postsecondary Vocational Education State Board of
Public Safety Department of
Public Service Commission
Public Telecommunications Commission Georgia
Secretary of State
Agriculture Department of
Community Affairs Department of
Defense Department of
Education Department of
Forestry Commission Georgia
Governor Office of the
Human Resources Department of
Judicial System
Superior Courts
INDIVIDUAL AUDIT REPORTS
individual audit reports
AGRICULTURE DEPARTMENT OF
PROCUREMENTPAYABLES i jlnood ihat the ProcurementPavables function did not provide for
Our study and evaluation of the system of interne J01 for Issuing purchase orders placing orders with
adequate separation of duties The Procurement Section of the P IsT received Each of these functions should operate
vendors receiving merchandise ordered and receiving invoices for the merchandise e 443 items sampied
independently of the other To test the controls we Pd expenditure nd f und tha of the fin the ProcurementPayables
functionfwe LrrerrUtrlrrtnetnrnatccnrcontlrirthis area and performed extensive substantive testing in order
to satisfy ourselves that expenditures were appropriately stated
CORRECTIONS DEPARTMENT OF
IMPROPER EXPENDITURE attention to an improper expenditure of 42000 for the use of a State aircraft to
transport SJC rtnt toattend XSZSS rmer employee of the Department of Corrections In the year under review
reimbursement of 42000 was secured and deposited to the appropriate Budget Fund
EDUCATION DEPARTMENT OF
SURETY BOND nJ t nrnvide bond coverage for State School Superintendent Dr F Werner Rogers for
STTtKSS 31E1ilurftrdrsot JM52 Official CodePof Georgia Annotated Section 20232
which provides in part as follows
Upon entering upon the discharge of his official duties the State School Superintendent shall give bond in the penal sum of 5000000 to
the State with some approved surety company which shall be acceptable to the Secretary of State
Appropriate action should be taken to ensure that adequate controls are established and followed and that all required bonds are secured on a
timely basis The Department secured the appropriate bond coverage effective January 1 1987ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
FORESTRY COMMISSION GEORGIA
ACCOUNTING CONTROLS OVERALL
operate Accordingly 0ttt study XSJTTSJTl TLZ IZjTlf 1
HUMAN RESOURCES DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Our examination of cash transactions for the vear ended Tune n 1QA7 a a
the State Revenue Collections Fund This studylisclosed that ca f ollecMons LlTCl h collection dates to deposit dates for
State Health Planning and Development Agency vLe not deposited on atirny has laboratory Licensure and Development Section and the
MANUAL JOURNAL VOUCHER REBATE ENTRIES
yz zirr0rir1forsuchentriesin
vouchers which offered sufficient explanation as to the urpose of Inch entries taChed C the maUal JUal
betweeTstate SSfT a ornuinournluchelsr lTT ral grant availability
sources of the Department of Human Resocef i accorZ e it ouooot d T f eendiC n various funding
distributions of costs between State and Federal funds we dj eted1fmounts Aa these entries could result in erroneous
therefore unable to determine the full effecccnentrts han othHliocacionlf 00 reCrded 1 1M7
INVESTIGATION GEORGIA BUREAU OF
THEFT OF FUNDS
legation ItiUftStcont iotorSu Burea TT f324283 Plyee of the Georgia Bureau of
by personnel of Region 10 located in Conyers Georgia n d f 1estigation Case File No 1000330887 which is being investigated
reflected as an Other Expense withi Regular operating Expensls h fUndS P1 the Budget Fund and8 are
LABOR DEPARTMENT OF
PRIOR YEAR
ACCOUNTS PAYABLE
Sheetof thPODrepartmenteoraLaberd Bugefpu6 ZTnTMTr T H T the Bala
reconciliation Through May 1987 he list ng ciJod to the BalLcTsTt Der5 Ttiated Procedures necessary for the
reconcile the subsidiary listing of vouchers payable to the Balance Sheet the DePant bl to
POLITICAL ACTIVITY
cdcrnirinoivLnthfyrtairdpief Jilt ir rrsr rjrwere mada by the Gea
ended June 30 1986 reported that the nffv Dpartmen ln Poetical activities of an unethical nature The audit report for the year
activities in tneirfinal port the quotioaod jSH SOOcosts f th f Labor conducted its own review of the
Department of Labor refunded WOO to the United State Department Labor V3riOUS aCtlViti In the 7 dor review the Georgia
CURRENT YEAR
CASH AND CASH EQUIVALENTS
ocHpacrfor s1 T
t
poUcies and procedures retiring use of prenumbered receipt bTT cF Jf gSfroming1
PROCURE MENTPAYABLES
andvalidity of transactions for the period Or JS SoSSTrjnrot STSS
GENERAL LEDGER
INADEQUATE DOCUMENTATION OF MANUAL JOURNAL ENTRIES
dolmeantationePattachefd t cnHenderview T t 71 Tf d 6ntri 8eally
and validity of transactions for the period Our examination diooooT ha UtUzea netary precision sample to test the accuracy
taxen to ensure that all transactions are supported bTop SocntionrartoridTa TJTVAi
RECONCILIATION OF STATE ACCOUNTING RECORDS TO FEDERAL ACCOUNTING RECORDS
diffe JJZXrLt7 Grgrandhrr GrnrinAar8ttW0 stems as a result of
reflected in both accounting systems Our current year examination Government All transactions for the Department of Labor are
basis This reconciliation Is critical idetermining the reliab t f the V SyStenS Were nt ade1uy reconciled on a timely
Department is responsible for the reconciliation thes houi teTtTZTrl tnVtn 3yStmS f tho
a timely basis in order to provide a proper audit trail between the two systems accountln8 rerds a reconciled on
INVENTORY OF SUPPLIES
InvencodyoPduresfo in the supply inventory system Further testing of supply
1 Quarterly physica inventory counts were not adequately reconcUed to perpetual inventory records
2 edoireaphyourLviditnhrcLrwaerdi a izr paper d a
in the same vicinity This situation could resuL in IrlJZltlf X d
3 Paper placed in inventory for printing of forms was not recorded on the perpetual inventory system
34 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AMD IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
LABOR DEPARTMENT OF
CURRENT YEAR
INVENTORY OF SUPPLIES
The Department should strengthen the controls exercised over the central supply inventory Quarterly
reconciled to perpetual inventory records and variances be identified and investigated on a timely basis
LAW DEPARTMENT OF
physical inventory counts should be

PRIVATE TRUST AND AGENCY FUNDS
OVERPAYMENTS OF PAYROLL WITHHOLDINGS
On June 30 1987 the Private Trust and Agency Funds had 66687 in accounts receivable consisting of 400 for overpayment of Georgia Income
Tax 64577 for overpayment of FICA and 1710 for overpayment of life insurance These overpayments resulted from the Department of Law
paying taxes or premiums for some individuals before funds were received Refunds should be secured from the agencies involved from the
individuals involved or from the person authorizing the disbursements Payments should not be made to agencies in excess of withholdings or
collections from the employees
MEDICAL ASSISTANCE DEPARTMENT OF
of the cash management records of the Department of Medical Assistance included a review of their requests to draw Federal funds
ing of cash draws on the Fiscal Accounting and Control System FACS In several instances the distribution of Federal funds
CASH MANAGEMENT
Our examination
and their recording of cash draws on the Fiscal Accounting
by fund source on FACS did not agree with the requests for Federal funds
In addition the Department of Medical Assistance would draw 100 State funds instead of the proper ratio between State and Federal funds
Subsequently the Department would draw 100 Federal funds In the year under review the Department did not maintain a reconciliation
indicating whether an excess of State or Federal funds had been drawn
DISALLOWANCE OF FEDERAL FINANCIAL PARTICIPATION
The United States Department of Health and Human Services USDHHS routinely perform 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 597246200 to the USDHHS for disallowances disclosed by their reviews and tests The Department of Medical Assistance is in the
process of collecting these funds from the Medicaid providers for whom the above disallowances were cited
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
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 do not express an opinion on the financial position
of the Department of Medical Assistance as of June 30 1987 and the results of its operations and changes in fund balance for the period then
ended
An abbreviated version of the history file was balanced to the FACS interface postings for each month except for the months of March and June
1987 An examination was conducted on claims processed through MMIS for the months the abbreviated version of the history file balanced with
the FACS interface postings 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
claims selected
Type Error
this examination disclosed fifteen 15 overpayments and nine 9 underpayments in the sample of eight hundred and eight 808
The following types of errors occurred
Inpatient Hospital Overpayments
Inpatient Hospital Underpayments
Outpatient Hospital Overpayments
Outpatient Hospital Underpayment
Drugs Overpayment
Drugs Underpayments
Physicians Overpayments
INSTITUTIONAL CLAIM PAYMENT SYSTEM
As the institutional claim payment system is currently administered the Department of Medical Assistance does not record in the individual
base record the claim utilization count of the institution as each transaction occurs The claim utilization count is necessary to confirm
that the proper rate was used for the claim payment
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
35ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
NATURAL RESOURCES DEPARTMENT OF
MISAPPROPRIATION OF FUNDS
STEPHEN C FOSTER STATE PARK
In the year under review the Department of Natural Resources and the Georgia Bureau of Investigation conducted an investigation into
discrepancies involving cash receipts at Stephen C Foster State Park The investigation resulted in the dismissal of an employee and revealed
cash shortages of 220369 The Department of Natural Resources requested reimbursement from the Public Employees Blanket Bond No
3F1237960O0 and received the funds in the subsequent fiscal year Receipt of these funds will be reflected in the audit report for fiscal
year ending June 30 1988
PERSONNEL BOARD STATE MERIT SYSTEM OF PERSONNEL ADMINISTRATION
GENERAL
The State Personnel Board has entered into administrative agreements with certain service centers for the administration of the State Health
Benefit Plan and the State Employees Deferred Compensation Plan in accordance with policies adopted by the Board These agreements require the
service centers to provide accounting and other information to the management of the Merit System of Personnel Administration for the purpose of
maintaining its general ledger and subsidiary accounting records Our study and evaluation of internal controls and analysis of accounting data
applicable to the State Health Benefit Plan and the State Employees Deferred Compensation Plan disclosed that serious weaknesses existed with
regard to the maintenance of the general ledger
STATE HEALTH BENEFIT PLAN
The administrative agreement entered into with the State Health Benefit Plan service center Blue Cross Blue Shield of Georgia required the
service center to provide accounting and other information to the management of the State Health Benefit Plan at periodic intervals to ensure
that the administrative functions performed by Blue Cross Blue Shield of Georgia were in accordance with the Plan The following information
was not provided to the management of the State Health Benefit Plan as required by the administrative services agreement with Blue Cross Blue
Shield of Georgia
1 An audit report prepared by a certified public accounting firm containing an attestation on the adequacy of internal controls relative
to claims processed by Blue Cross Blue Shield
2 Photocopies of bank statements and adjustments applied to the Blue Cross Blue Shield Draft Issuance Account maintained by Blue Cross
Blue Shield on behalf of the State Health Benefit Plan
3 Monthly detailed listing of drafts issued against the Blue Cross Blue Shield Draft Issuance Account which did
during the applicable month Outstanding Drafts Report
not clear Bank South
Adequate internal controls were not present to ensure that the information listed above was obtained by the management of the State Health
Benefit Plan As a result information available was inadequate for accounting personnel to perform appropriate reconciliations of the
Operating Account and to make necessary entries on the general ledger
Unresolved and unidentified banking transactions were posted to the Operating Bank Account State Chart of Accounts SCOA 1171 on a monthly
basis In some instances the amounts of this unidentified banking activity were significant This practice was the result of posting a net
timing adjustment derived by calculating the difference between drafts cleared and other bank activity occurring in the Blue Cross Blue Shield
Draft Issuance Account and the amounts transferred daily to that account by State Health Benefit Plan personnel Accounting information
provided by Blue Cross Blue Shield was not sufficient to enable State Health Benefit Plan personnel to post appropriate adjusting entries for
such banking transactions Further substantive testing performed by the audit staff could not identify the ultimate resolution of such banking
transactions
Management should establish adequate internal controls to ensure that required information is obtained from Blue Cross Blue Shield of Georgia
and should implement appropriate procedures to provide for adequate reconciliation of bank accounts
ledger and supporting subsidiary ledgers
financial activity
Such procedures should provide a complete and clear
and proper postings to both the general
audit trail for all State Health Benefit
Numerous internal control weaknesses and accounting errors were noted during the review of the State Health Benefit Plan accounts receivable for
claim payment refunds Accounts receivable from Plan subscribers and service providers are established for a variety of reasons including
clerical errors made in the claims payment process edit features within the electronic data processing function which are not fully
operational and the receipt of additional claim information subsequent to the payment of certain claims Our examination disclosed that
certain accounts receivable were not supported by proper documentation that there was an inadequate segregation of duties in certain areas of
the claim payment refund and accounts receivable processing function and that collection procedures for calculated claim payment refunds due
the State Health Benefit Plan were inadequate In addition subsidiary ledgers were not adequately reconciled to the general ledger
The management of the State Health Benefit Plan should implement procedures to ensure that claim payment refund accounts receivable are
established in accordance with the State Health Benefit Plan that such accounts receivable are supported by appropriate documentation and that
the collection of claim payment refunds due from subscribers and service providers are actively pursued in accordance with the laws of the State
of Georgia
Our examination of the claims processing function for the State Health Benefit Plan indicated deficiencies in the internal accounting controls
utilized to ensure that claims were processed in accordance with provisions of the Plan Seven hundred twentyeight 728 claim transactions
were reviewed for compliance with the State Health Benefit Plan and appropriate internal control features The sample was extracted from claim
transactions occurring during the period July 1 1986 through December 31 1986 A summary of the errors disclosed by the sample are as
follows r
Error Type
Monetary Errors
Claim Payment Errors
Overpayments
Underpayments
NonMonetary Errors
Coinsurance Review Errors
Incomplete Audit Trail for Claims
Assigned More Than One Claim Number
Number
of Errors
10 927199
6 196645
2 NA
3 NA
Our review also disclosed that certain edit
conditions and deficiencies identified in
Action should be
features within the
electronic data processing system were not functioning as intended The
our review have been brought to the attention of the management of the State Health Benefit Plan
taken to correct identified problems with system edits and additional internal controls should be implemented to ensure that
claim payments are made in accordance with provisions of the PlanALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
PERSONNEL BOARD STATE MERIT SYSTEM OF PERSONNEL ADMINISTRATION
STATE EMPLOYEES DEFERRED COMPENSATION PLAN
The State Personnel Board has entered into an agreement with the investment firm T Rowe Price hereinafter referred to a
vestment firm
for the purpose of investing assets of the Plan in accordance with the instructions of plan participants and for the purpose of providing
accounting and other relevant information to the management of the Plan The following deficiencies pertaining to the information supplied by
the investment firm and the accounting practices and records for the State Employees Deferred Compensation Plan were noted during our review
1
Individual Balance Activity Statements provided by the investment firm were updated by transaction date rather than the date the
was recorded This practice resulted in the posting of current month activity to the beginning balances reflected on the
The
transaction
2
3
4
transaction was iklulucu mio laiLt w r0 nlnh
statements which then would not agree with the ending balances shown on the previous month statements The failure to account
such postings resulted in an incomplete presentation of plan activity on the accounting records
It was noted that the Individual Balance Activity Statements which serves as a subsidiary ledger for all transactions and
participants accounts did not agree with the Fund Statements The Fund Statements which are also provided by the investment
firm are summary level statements of monthly plan activity The variance at June 30 1987 was 7312230
Market values of funds invested shown on the general ledger did not reconcile with the market values disclosed by the Fund
Statements of the investment firm The variance at June 30 1987 was 134282958
The Prime Reserve Interim Account which is utilized to capture proceeds from Plan participants for investment reflected a general
ledger balance of 45271780 at June 30 1987 This balance was reflected on the investment firm Fund Statement as the balance at
July 13 1987 indicating that subsequent year transactions were recorded in error on the general ledger Adjustments were not made
to the financial statements in this report for these subsequent year transactions
The management of the State Employees Deferred Compensation Plan should implement controls to ensure that the P
investment firm is adequate for the maintenance of accounting records and other management purposes The information provided by the investment
firm should delude details of all transactions and all data necessary to reconcile the statements provided In addition appropriate controls
should be installed to ensure that once such information is received it is correctly po
records are periodically reviewed by management personnel
POSTSECONDARY VOCATIONAL EDUCATION STATE BOARD OF
sted to the accounting records and that the accounting
rrevfof the Federal cash management procedures utilized by the State Board of Postsecondary Vocational Education disclosed that cash
requel s were not made against the College Work Study Program or the Pell Grant Program during the year under vi The allure to quest
Federal funds on a timely basis resulted in State funds being utilized to support the Federal programs for extended periods of time The Board
should establish procedures to request appropriate funding as close as is feasible to the disbursement of funds for Federal program purposes
InNthf fiscafyear under review the financial activity of certain Private Trust and Agency Fund accounts was not recorded on the gral ledger
of the State Board of Postsecondary Vocational Education The Board should establish accounting procedures to ensure that all Private Trust and
Agency Fund accounts under its supervision are properly recorded on the general ledger
As a result correcting entries for identified
In addition two bank accounts utilized by the
PUBLIC SAFETY DEPARTMENT OF
CASH AND CASH EQUIVALENTS RECONCILIATION OF BANK ACCOUNTS
Audit procedures disclosed that bank reconciliations were not completed in a timely manner
errors were not made prior to the close of the accounting records at the end of the fiscal year
Department of Public Safety were not recorded on the Departments general ledger
Actions should be taken to ensure that all bank accounts for which the Department has responsibility are recorded on the general ledger and that
bank reconciliations for all such accounts are performed in a timely manner
PROCUREMENTPAYABLES ACCOUNTS Gm14 beteen the accounts payable balance reflected on the Department Trial Balance
ACS R por No oILd thccoun payable reflected on the subsidiary listing of Outstanding Payables by Vendor FACS Report No 20 0
Tnis difference was not resolved during the course of audit field work The subsidiary listing of accounts payable should be reconciled
periodically to the balance reflected on the Departments general ledger Identified errors should be corrected on a timely basis
EMPLOYEE COMPENSATION SALARIES RECONCILIATION ii
As of June 30 1987 there was an unreconciled difference of 8045 between the expenditure balance for paries reflected or
Trial Balance FACS Report No 2410 and the detailed listing of salaries reported to the Department of Audits and Accounts
was not resolved during the course of audit field work
the Department
This difference
INEtt yeaf unoer ieTwIs to prepare audit adjustments to correct numerous posting errors made between the appropriation units
he Department As noted in the audit report for the prior fiscal year the Appropriation Trial Balance FACS Report No 2413 did not
appear ee properly monitored by accounting personnel of the Department It is important that such repor s be reviewed periodically
that identified errors are corrected promptly to ensure continued conformity with the provisions of the Appropriations Act
and
GENERAL LEDGER AUDIT ff Department of Public Safety by the Department of Audits and Accounts for the fiscal year en
rT 8r Serf h nested osteTincIrrectly during the period under review The management of the Department should initi
procedures to ensure that adjusting entries necessitated by the annual audit are posted accurately and on a timely basis
REMOVAL OF HAZARDOUS MATERIALS AGENCY FOR
ended
ate
Hazardous Materials as presented on Schedule 1 of unit report
BUDGET COMPARISON
The total approved budget for the Agency for Removal of
expenditures totaling 823400000 A comparison of anticipated funds available and budgeted expenditures actual f
expenditures by object class is summarized on Exhibit D of unit report
the amount of 565278 and Per Diem Fees and Contracts were overspent in the amount of 3798407
provided for
available and
This comparison indicates that Equipment Purchases were overspent in
37

SUMMARY 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
Federal Financial Assistance
Benefits and Public Health
Education
Transportation
Agricultural and Natural Resources Development Other
Total Federal Financial Assistance
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
1986
1408036998
174484619
41311542
2579802166
384496619
235834543613
29004976813
3767851193
5945018176
1530766160
9395213855
178611305071
198313983
10625531336
539064399
6371488870
1031041700
638407800
129449954
1101788727
1377633450
137940150
140449210
528966011486 490968916404
127574136114 115936681335
28965486700 28772607730
35546023481 40275997286
10650041699 11965013395
202735687994 196950299746
3142109 4579019
524862445 600102717
14589849892 17231043025
624023577 555469506
1637610873
176802134
61025540
3028917599
538410286
259302644539
30460903797
3817307927
6185128845
1593670179
9354384813
186585839653
188470976
14162140203
564933328
6539130602
1083832100
561130400
137439060
1269029931
1425228153
135090252
156940296
2233507579
23110076568
1126918883
1044505182
44280706045
5295590658
12248971702
1944023143
21227565462
853166815
1027112825
37298619347
5057050663
13548298973
89340276617 80955837228
Total State Revenue Receipts
836783854120 787266247645
40DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1987
General Property 1986 and Prior Years Levies and 1987 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
Individuals
Returns Additional Tax Interest and Penalties
Estimates on Taxes
Fiduciary Returns
Withholding Tax
Refunds
Sales Motor Fuel
Net to State
Allowance Retained by Taxpayer
Refunds to Motor Carriers
Refunds to Retailers Act 1947
Refunds to Others
Sales Alcoholic Beverage Stamps
Refunds
Sales Malt Beverage
Sales Wine
Refunds
Sales Cigar and Cigarette
Collecting Fees Retained at Source
Refunds
Sales 3 Sales and Use
Regular
Collecting Fees Retained at Source
Interest and Penalties
Refunds
Motor Fuel
Collecting Fees Retained at Source
Interest and Penalties
Refunds
Sales Industrial Loan Company Tax
Sales Insurance Premium Tax
Interest
Business License Alcoholic Beverages
Refunds
Business License Malt Beverages
Refunds
Business License Wine
Refunds
Business License Cigar and Cigarette
Business License Commercial
Fish Dealers
Fishing and Boats
Business License Asbestos
Business License Miscellaneous Game and Fish
Business License Bingo
Business License Insurance Agents Adjusters
Business License Industrial Loan Companies
1541202734
34626286
60577402
9869353
8664902
1637610873
176802134
12704514
45704592
2616434
3078487445
49569846
1827117521
48321026
3028917599
538410286
9014360630
41891934745
6527133286 44379162089
20530588913
26906341777
912253673
205632677103
39058379016
214923482450 259302644539
30837101208
222282739
398005953
161315685
39158512
3818174008
866081
1593807015
136836
9083718625
276001201
5335013
173217038629
5114423659
1027027788
1052047836 178306442240
80105 2447 302 61 97166 03723 19907 23383 82 79397413
141 48707779 13432424
48918000 105000
78639000 217500
61029795 152500
1052500
17372450
30460903797
3817307927
6185128845
1593670179
9354384813
186585839653
188470976
14162140203
48813000
78421500
60877295
719000
18424950
11237833
713000
2410000
307607450
28665000
41 DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1987
Business License For Sale of Checks
Business License Water Well Drilling
NonBusiness License Motor Vehicle Registration
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
FEDERAL FINANCIAL ASSISTANCE
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 State Board of
Postsecondary Vocational Education State 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 Federal Financial Assistance
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
Total Donations for Operations
RENTS ON INVESTMENT PROPERTIES
American Telegraph and Telephone Incorporated
Atlanta Journal and Constitution The
Cousins Properties Incorporated
Dravo Basic Materials Company Incorporated
Fairco Properties Incorporated
Livingston Bess B Estate of
Massell Ben J Estate of
Omni Ventures
Peachtree Plaza Hotel
Pelham Development Corporation
Sea Island Company
Seaboard System Railroad Incorporated
Southern Railway Company
6273438002
265692600
1039123900
44708200
1178565350
86385500
1361300
5683000
6539130602
1083832100
561130400
137439060
4079081
1264950850
1425228153
156940296
27739371
46031578
61319303
135090252
528966011486
5 13165796
415772978
4265623609
80977874
854736239
27749854052
149214961
2826147912
52647327479
20200712
51755518
13323931
853925
1847737
37671774
12020734249
62595084985
1474872004
3000000
1085879943
375973590
50477994
129752705
9213690
5211455
35546023481
310989401
202735687994
602500
441805
1428782
354022
215000
100000
3142109
450000
1320000
20709967
1355160
9465527
1800000
7291665
6403841
30736300
1200000
1276643
37091261
1058000DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1987
RENTS ON INVESTMENT PROPERTIES
Sundry Rents
Tennessee Valley Authority
Union Camp Corporation
United Parking
Total Rents on Investment Properties
534081
750000
180000
3240000
524862445
INTEREST EARNED
Administrative Services Department of
Interest Earned Regular
Interest on Railroad and Telegraph Stocks
Agriculture Department of
Corrections Department of
Financing and Investment Commission Georgia State
Construction Fund
General Obligation Debt Sinking Fund State of Georgia
Debt Service Fund
Governor Office of the
Industry and Trade Department of
Investigation Georgia Bureau of
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
Sports Hall of Fame Board Georgia
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
Total Contributions from Public Trust Funds
EARNINGS AGRICULTURAL AND NATURAL RESOURCES DEVELOPMENT SERVICES
Agriculture Department of
Farmers Markets Rents
Forestry Commission Georgia
Forestry Examining Fees
Geology Examining Fees
Natural Resources Department of
Pesticides and Miscellaneous Fees
Recreation Examining Fees
Removal of Hazardous Materials Agency for
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
Laboi 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
8483550981
546924
1668
3095
3547596721
654156834
438628643
3002
32198
43289525
1398316287
20766928
690330
2266756
14589849892
1097456
1664372
3558648
176885143
3789400
19408400
109461
10380300
45718261
11134516
23353059
321054061
5870500
624023577
83896513
346229531
607899794
479671
491171
1133942999
24744478
1318513
34260909
244000
2233507579
87500
190785
20145040
10094949
56558790
2436000
11885033
5351024
8386243
1988370
1360000
18243122584
244041410
4894000
3296335603
60796380
2592448
706757
7141709
716385907
52982355
12117678
2993612
206086
DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1987
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES
Practical Nurses Examining Fees
Psychologists Examining Fees
Registered Nurses Examining Fees
Sanitation Examining Fees
Veterinarians Examining Fees
Vital Records Fees
Water and Waste Water Treatment Examining Fees
Workers Compensation State Board of
Total Earnings Benefits and Public Health Services
EARNINGS CORRECTIONAL SERVICES
Inmate Labor
Parole Supervision Fees
Probation Fees
Work Release Program
Other
Total Earnings Correctional Services
EARNINGS EDUCATIONAL SERVICES
Education Department of
Librarians Examining Fees
Postsecondary Vocational Education State 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
EARNINGS GENERAL GOVERNMENTAL SERVICES
Administrative Services Department of
Audits and Accounts Department of
Banking and Finance Department of
Community Affairs 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
Law Department of
Regular
Sales Acts
Personnel Board State
Revenue Department of
Secretary of State
Teachers Retirement System
76065173
38116657
152237195
6000
15320316
51568180
8947714
5015070
23110076568
223604881
69506664
494521310
60371714
278914314
Merit System of Personnel Administration
Total Earnings General Governmental Services
EARNINGS PROTECTION SERVICES
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 Fe
Cemetery Fees
Construction Industry Examining Fees
Corporation Charter Fees
Corporation Fees
Credit Union Examining and Supervision Fees
Defense Department of
Election Qualifying 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
1126918883
89328570
982871
101450572
1312500
242422320
221557410
5110939
382340000
1044505182
9443030527
75773225
699349
44093666
25000000
29640200
6801077518
5439317
38424585
106165326
40005756
57313024
13442727
7612889
4890410
2881740
134000
73062604
887487
24750339735
2723521078
36270882
1000000
44280706045
195
5876
20
4286
134
763
7
30
49
447
1334
1
703
448
344
87
661
23
480
528
231
28
31840
01038
33270
54494
43775
88563
25000
29900
22500
14019
30490
64490
36400
87904
46078
06744
39917
06507
75487
85000
39789DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1987
EARNINGS PROTECTION SERVICES
Insurance Company Regulatory and Filing Fees
Investigation Georgia Bureau of
Landscape Architects1 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
19789370
156147633
5848724
366500
49438040
273357200
7848600
450139314
935379203
3273754
28823518
29581260
1061551609
76556295
55136400
23064800
337272952
4865417
8705864
181000
5295590658
12248971702
Total State Revenue Receipts
836783854120STATISTICS
47STATE REVENUE RECEIPTS
YEAR ENDED JUNE 30 1987
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
Federal Financial Assistance
Benefits and Public Health
Education
Transportation
Agricultural and Natural Resources Development Other
Total Federal Financial Assistance
Donations for Operations
Rents on Investment Properties
Interest
Contributions from Public Trust Funds
Operating Earning 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
1637610873 019 300
176802134 002 032
61025540 001 011
3028917599 036 554
538410286 006 098
259302644539 3099 47454
30460903797 364 5575
3817307927 045 699
6185128845 074 1132
1593670179 019 292
9354384813 112 1712
186585839653 2230 34147
188470976 002 034
14162140203 169 2592
564933328 007 103
6539130602 078 1197
1083832100 013 198
561130400 007 103
137439060 002 025
1269029931 015 232
1425228153 017 261
135090252 002 025
156940296 002 029
528966011486
127574136114
28965486700
35546023481
10650041699
202735687994
3142109
524862445
14589849892
624023577
2233507579
23110076568
1126918883
1044505182
44280706045
5295590658
12248971702
89340276617
6321
1525
346
425
127
24 23
0 00
0 06
1 74
0 08
027
276
014
013
529
063
146
96805
23347
5301
6505
1949
37102
001
096
2670
114
409
4229
206
191
8104
969
2242
1068
16350
Total State Revenue Receipts
836783854120
10000
153138
Note 1980 Population 5464265
49STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1987
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 Expenditures
State Funds
CarryOver from Prior Year
Transfer from Fund Balance
State Funds
General Fund State CarryOver from Prior Year
PERCENTAGE PER
TO TOTAL CAPITA
202 3093
3020 46252
310 4742
2861 43808
902 13806
057 873
146 2234
025 390
1107 16956
151 2309
1151 17624
000 000
012 186
345
291
026
5290
4456
403
Assessment and Collection Allowance to Outside Agencie
Note 1980 Population 5464265
10000 STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1987
TOTAL
16902427957
252732965997
25910995965
239375443285
75436811833
4770695813
12208743687
2130595084
92654220528
12616397029
96304153163
599569
1017169985
STATE
APPROPRIATION
FROM TAXES
FEES ETC
13179104900
104599693200
25045652600
210360225400
74559812100
4583483400
10656903600
1577408400
44387954500
6116834550
45266463950
OTHER
FEDERAL AGENCY AGENCY
ASSISTANCE EARNINGS REVENUE
20450713 98 1854455138 176203479
275741361 14 21253595346 694458663
839778 74 995217335 213851844
288357339 95 190779142 11295252
1297527 05 832223483 84976455
536973 67 186641239 53126193
12824653 47 396707672 127332932
568028004 14841320
355460234 81 12777766335 57523788
101003 56 424925390 287481011 6352017744
71747293 57 47101101565 3238141709 599569 1017169985
28907795650
28907795650
24348583838
2198961521
24348583838
2198961521
836783854120 540333536600 202735687994 86581440649 7133188877
51 ALL GOVERNMENTAL FUND TYPES
STATE REVENUE RECEIPTS
DISTRIBUTION OF REVENUE RECEIPTS BY OBJECT
YEAR ENDED JUNE 30 1987
PERCENTAGE
TO TOTAL
PER
CAPITA
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
Total Personal Services
Regular Operating Expenses
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 Operating Expenses
Extraordinary Expenditures
Duplicating and Rapid Copy
Total Regular Operating Expenses
Travel
Motor Vehicle 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
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
Proceeds of General Obligation Bonds
Good Faith Deposit Received on Unissued Bonds
Transfers to Various Authorities for Advance Retirement of
Bonds and Defeasance of Bonds
97294106400
6588263790
16805338047
4917323591
356913352
166635512
862593669
546761460
127537935821
2336419768
12621047370
2501872952
3200900738
1944978289
936348920
78914593
128494245689
1865955117
343775439275
26117317732
50851833
124220435
524048512711
1877314510
1502463126
1201821561
3274976598
7900517845
3314958002
5073642835
10332855912
40680990785
51013846697
106656791100
2048301165
21528500000
9421762515
30950262515
866401344486
170142211166
183060717702
2760271125
39289000000
612500000
125774223
1163
079
201
059
004
002
010
006
1524
028
1511
030
038
023
011
001
1536
022
4108
312
001
002
6263
022
018
014
039
094
040
061
124
486
610
1275
024
257
113
370
10354
2033
2188
033
470
007
001
17806
1206
3075
900
065
030
158
100
428
2310
458
586
356
171
014
23515
342
62913
4780
009
023
959 05
1 3 44
2 75
1 2 20
5 99
14 46
6 07
9 28
1891
7445
19519
3940
1724
5664
585 58
311 37
335 01
5 05
71 90
1 12

Includes Assessment and Collection Allowance to
Outside Agencies in the amount of 6352017744
Note 1980 Population 5464265
836783854120
10000
153138
52 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
GENERAL FUND
53 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
BALANCE SHEET
JUNE 30 1987
ASSETS
Cash and Temporary Investments See Schedule
GOVERNMENTAL
FUND TYPE
GENERAL
LIABILITIES AND FUND EQUITY
Liabilities
Undrawn Appropriation Allotments
Fund Equity
Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for Appropriation to Peace
Officer and Prosecutor Training Fund
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
Total Fund Equity
99846970993
730394034
916532129
5421318777
16263956332
23332201272
5575594378
28907795650
Total Liabilities and Fund Equity
128754766643
The notes to the financial statements are an integral part of this statementDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF CHANGES IN FUND BALANCE
YEAR ENDED JUNE 30 1987
GOVERNMENTAL
FUND TYPE
FUND BALANCE JULY 1 1986
Reserved
Designated for Appropriation to
Department of Transportation
Designated for Appropriation to Peace
Officer and Prosecutor Training Fund
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
000
866999264
5020725086
15062175259
20949899609
1199722708
22149622317
ADDITIONS
Excess of Funds Available over Allotments
DEDUCTIONS
Fund Balances Carried Over from
Prior Year as Funds Available
Reserved
Unreserved
28907795650
20949899609
1199722708
22149622317
FUND BALANCE JUNE 30 1987
28907795650
The notes
to the financial statements are an integral part of this statementDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
GOVERNMENTAL
FUND TYPE
Remittance by Collecting Units of the State Net
Federal Financial Assistance
Energy U S Department of
Federal Energy Regulatory Commission
Payments in Lieu of Taxes
Power Sales
Total Revenues
CARRYOVER FROM PRIOR YEAR
Transfers from Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for Appropriation to Peace
Officer and Prosecutor Training Fund
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
Total CarryOver from Prior Year
542131877718
599569
542132477287
000
866999264
5020725086
15062175259
1199722708
22149622317
Total Funds Available
564282099604
EXPENDITURES
ALLOTMENTS
Legislative Appropriation to Spending Units
For Fiscal Year Ended June 30 1987
Less Current Year Funds Lapsed
Net Appropriation Fiscal Year Ended June 30 1987
Less Unreserved Fund Balance Surplus Lapsed
Net Allotments to Spending Units
Excess of Funds Available over Allotments
541277300000
943763400
540333536600
4959232646
535374303954
28907795650
The notes to the financial statements are an integral part of this statement
57
564282099604DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1987
SPENDING UNIT
Administrative Services Department of
Operations
Debt Service Fund
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
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 Onlv
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 State Board of
Personnel Board State Merit System of
Personnel Administration
Postsecondary Vocational Education State Board of
Public Safety Department of
A Departmental Operations
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
R Regts Central ffi 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
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
3454963000
3673052800
1037325700
476359300
700000
1593801100
2804619100
16994951500
3704144700
437536500
201251376200
3091854000
1837907600
25751643200
4382100000
328732100
325000000
388657000
568944400
1191701300
1351700000
9088672700
6196930100
1189329100
1264408400
662096900
584881800
59889701300
12297520300
5689039800
1815919500
122996200
97199800
30000000
1786908700
313000000
42647301648
808151552
1614102400
611950900
GOVERNORS
EMERGENCY
FUND
5510000
11350000
107718100
24787000
20056500
APPROPRIATION FOR FISCAL
BUDGET
ADJUSTMENTS
325000000
25086900
9925000
35131435200 13612200
80296900
37762630400 3910000
1527205600 13317300
855589500 1400000
2785051100 16850000
319677900 700000
390394300
3060202600 1000000
31833400
70821500
10529200
22754400 1000000
544167800 1100000
672100700 2469400
28842496000
6270995600 57067600
1541937300
120000
6420000
800000
100515700
75015700
25500000
36381000
36381000
800000
000
000
58DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1987
YEAR 1987
FUNDS
LAPSED
873366700
20500000
382500
2900000
1400000
5043700
7925900
6953000
4689000
20000000
NET
APPROPRIATION
3460473000
3684402800
1037325700
476359300
700000
828152500
2905134800
16919935800
3678644700
462323500
201271432700
3071354000
1837907600
25751643200
4382080000
328732100
000
413743900
578869400
1191701300
1351700000
35144664900
80296900
37766540400
1537622900
855589500
2801901100
3203
3903
30612
318
708
105
237
5402
6745
288424
63201
15419
77900
94300
02600
33400
21500
29200
54400
24100
70100
96000
37300
37300
9088792700
6203349900
1189329100
1264408400
655143900
584881800
59854120300
12333901300
5689039800
1815919500
122996200
92510800
10000000
1786908700
313000000
42647301648
808951552
1613520000
611950900
BALANCE DUE CASH FUNDS
SPENDING UNIT ALLOTMENTS RETURNED BY SURPLUS BALANCE
JULY 1 1986 DRAWN SPENDING UNIT 125188163 LAPSED 357495535 JUNE 30 1987
104083695 3273304878 58944445
2698000 2698000
215912372 3698672242 54419662 147223268
7084674 941287124 27718301 75404949
7737884 474734596 11088867 11088867 9362588
000 700000 38754 38754 000
104378568 773449440 5256476 5256476 159081628
280300000 3052719100 55073619 55073619 132715700
993000000 16915151500 82785183 82785183 997784300
249600000 3643744700 61588070 61588070 284500000
79922690 480385015 12309560 12309560 61861175
16791517010 208668535686 2641026 9391772998
408671278 2867908952 33116925 578999401
560689249 1472748054 433698649 492150146
000 23967752720 1783890480
450084333 2255153833 2577010500
500000 329232100 2211294 2211294 000
000 000
2275000 416018900 6779238 6779238 000
5626100 584495500 13757883 13757883 000
000 1183899599 7801701
000 1312381486 39318514
842240900 35884759045 4663956 85848311 20962400
500 55496100 52509 52509 24801300
476569000 37189433093 186874295 866802012
128634583 1503733494 2338329466 23383j29466 162523989
70937796 855463774 46328181 24735341
97184056 2899085156 30295167 30295167 000
000 320377900 2060523 2060523 000
351668 390745968 2183765 2183765 000
000 3023172151 25768954 12261495
000 31833400 234971 234971 000
695341 71392241 65232 65242 124590
870200 9651400 2328646 3198846 877800
000 23754400 956 956 000
000 540124100 118424327 118424327 100000
17381108 674570100 2231828 19612936 000
5469243083 32042711075 268713385 2000314623
2892779480 6458240794 88194266 88194266 2754675986
68800000 1557191200 14404972 14404972 53546100
2500000 2500000 000
437212664 8887282407 8654226 630068731
310654627 5718977675 44676455 750350397
32814524 1134731696 40051750 47360178
000 1264408400 000
11322794 666431274 7243022 7243022 35420
34538961 603409994 48185 48185 16010767
2306447600 59496078967 67317112 67317112 2664488933
1448159257 12469773324 15878691 15878691 1312287233
595197839 5591965574 50000000 264316920 477955145
87982296 1851721890 147881 7460253 44867534
19117562 120137654 3938635 18037473
9206052 92365000 433872 8917980
000 5000000 5000000
26957200 1813865900 1732467 1732467 000
000 313000000 14841320 14841320 000
61791394860 36250000000 68188696508
2684528427 663689477 57523788 57523788 2829790502
3727051854 3727051854 000
82203244 1564989138 22880166 22880166 130734106
1823268 613649511 11665670 11665670 124657
943763400 540333536600 103938881597 542695040551
EH3HKE3HHBALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUNDBALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
JUNE 30 1987

Cash and Temporary Investments Net
Accounts Receivable
Inventories
Prepaid Expenditures
5644631274
224980614140
1602509424
47871368
Total Assets
232275626206
LIABILITIES AND FUND EQUITY
Liabilities
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Deferred Revenue
Contractors Retainage Escrow Deposits
Total Liabilities
Fund Equity
Fund Balances
Reserved
Unreserved
Surplus
Balance July 1 1986
Excess of Funds Available over Expenditures
For the Year Ended June 30 1987
Prior Year8 Adjustments and Increases
Decreases in Fund Balance
Prior Years Unreserved Funds Lapsed to
Department of Administrative Services Fiscal Division
Balance June 30 1987
Total Fund Equity
20450114452
97651581175
9898063743
54992397
304060926
3528196767
131887009460
2198961521
95645596044
90509584471
4959232646
98012876298
2375740448
100388616746
Total Liabilities and Fund Equity
232275626206
Receivables due to the Department of Administrative Services
from State units for services rendered and the corresponding
payables in the amount of 811826261 have been eliminated
from the above Balance Sheet
The notes to the financial statements are an integral part of this statement
63 COMBINING BALANCE SHEET BY STATE UNITS
BUDGET FUNP
65

COMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1987
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
Ajj 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 State Board of
Personnel Board State Merit System of Personnel Administration
Postsecondary Vocational Education State 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
Removal of Hazardous Materials Agency for
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
346516258 1026486572 168926513
1314853 212334071 000
000 75404949 000
1702813 9362588 000
342127 000 000
000 5489608284 000
27532271 133048358 000
000 1219526722 000
000 287205162 000
000 120161986 000
000 12190410721 8362693
32765 000 000
268186 000 000
000 612838994 59572187
15974500 492150146 000
000 1783890480 000
000 2577010500 000
11505237 9519511 000
000 000 000
13090481 1614775 000
5668720327 325932124 000
1088183 7801701 000
000 39318514 000
000 10662010430 171582180
000 24801300 000
000 3614353530 329352137
000 162565321 19095790
000 28821195 000
78848252 19007295 000
1460205 000 000
2944076 1650 000
26527604 15304928 000
3915086 14500 000
3406203 809200 000
1751718 877800 000
000 3000966 000
103656334 274334627 25621622
24187674 20354141 000
160801564 6788990880 2772579
16372623 2971493010 35628804
000 56546100 000
12530358111 679660131 000
32123405 820594103 000
000 768569195 000
184294187 60738828 000
000 000 000
51214358 5800077 000
000 100503647 000
000 2664488933 000
29160356 1312287233 000
431337 15847754 669892
000 484584321 4436484
24237559 53371042 000
000 18041005 000
1141177 10452026 000
000 5000000 000
1122257 6192294 000
447100 000 000
32106072 000 000
625541383 167321032415 776488543
000 208239709 000
7285411 124657 000
200
31422053 225792440401
The notes to the financial statements are an integral part of this stateCOMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1987
LIABILITIES AND FUND EQUITY
FUND EQUITY TOTAL
UNRESERVED LIABILITIES
PREPAID TOTAL RESERVED FUND BALANCE AND
EXPENDITURES ASSETS LIABILITIES FUND BALANCE SURPLUS FUND EQUITY
i 000 1541929343 1030756874 334135494 177036975 1541929343
000 213648924 179779986 4172719 29696219 213648924
000 75404949 69083990 000 6320959 75404949
000 11065401 2378887 000 8686514 11065401
000 342127 33429 000 308698 342127
000 5489608284 5469299283 7273 20301728 5489608284
000 160580629 147773739 000 12806890 160580629
000 1219526722 1168553326 11156021 39817375 1219526722
000 287205162 242299039 000 44906123 287205162
000 120161986 79604184 31503899 9053903 120161986
25000 12198798414 11751452322 100645515 346700577 12198798414
000 32765 000 32765 000 32765
000 268186 000 268186 000 268186
000 672411181 540088155 60497039 71825987 672411181
000 508124646 12121500 109661000 386342146 508124646
000 1783890480 1783890480 000 000 1783890480
000 2577010500 2577010500 000 000 2577010500
000 21024748 12968412 4723205 3333131 21024748
000 000 000 000 000 000
000 14705256 7186746 2633073 4885437 14705256
000 5994652451 428410195 5559387234 6855022 5994652451
000 8889884 8889884 000 000 8889884
000 39318514 39318514 000 000 39318514
39809646 10873402256 10177511922 596281365 99608969 10873402256
000 24801300 19616561 000 5184739 24801300
3570732 3947276399 3022546642 588313274 336416483 3947276399
000 181661111 146950663 19095790 15614658 181661111
000 28821195 19045202 513410 9262583 28821195
000 97855547 59328689 28105477 10421381 97855547
000 1460205 1375956 000 84249 1460205
871666 3817392 2225789 000 1591603 3817392
12491 41845023 20432881 000 21412142 41845023
000 3929586 3925082 000 4504 3929586
000 4215403 3350355 000 865048 4215403
000 2629518 505776 000 2123742 2629518
000 3000966 2954956 22340 23670 3000966
200897 403813480 284470180 117042875 2300425 403813480
000 44541815 6441487 000 38100328 44541815
17150 6952582173 520496773 6257845132 174240268 6952582173
1990203 3025484640 2812898447 188697975 23888218 3025484640
000 56546100 48764887 000 7781213 56546100
000 13210018242 957802360 12252215882 000 13210018242
000 852717508 695144481 5580690 151992337 852717508
000 768569195 703165569 11546353 53857273 768569195
000 245033015 213150680 6055630 37937965 245033015
000 000 000 000 000 000
819583 57834018 46803609 000 11030409 57834018
000 100503647 99402699 1100948 000 100503647
000 2664488933 2664786654 000 297721 2664488933
000 1341447589 1334877335 000 6570254 1341447589
000 16948983 6170325 10776940 1718 16948983
554000 489574805 395035373 4100000 90439432 489574805
000 77608601 42312313 9854 35286434 77608601
000 18041005 14770774 000 3270231 18041005
000 11593203 11349496 000 243707 11593203
000 5000000 000 000 5000000 5000000
000 7314551 5549792 000 1764759 7314551
000 447100 447100 000 000 447100
000 32106072 000 4645346 27460726 32106072
000 168723062341 96982577056 71714214854 26270431 168723062341
000 208239709 202777657 000 5462052 208239709
000 7410068 5761534 000 1648534 7410068
47871368 247474243246 147085626500 S 98012876298 2375740448 247474243246
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
69STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
STATE APPROPRIATIONS
General Appropriation
Amended Appropriations
Less Lapsed Funds
FEDERAL FINANCIAL ASSISTANCE
DEPARTMENTAL FUNDS
Taxes
Donations
Interest Earned
Contributions from Public Trust Funds
Earnings from Services
Total Revenues
CARRYOVER FROM PRIOR YEAR
Transfer from Reserved Fund Balance
531600000000
9677300000
541277300000
943763400 540333536600
202735088425
6352017744
3142109
1859213610
624023577
73200777280 82039174320
S 825107799345
103116709554
Total Funds Available
928224508899
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
REGULAR OPERATING EXPENSES
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 Operating Expenses
Extraordinary Expenditures
Duplicating and Rapid Copy
TRAVEL
MOTOR VEHICLE PURCHASES
PUBLICATIONS AND PRINTING
EQUIPMENT PURCHASES
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
COMPUTER CHARGES
Supplies and Materials
Repairs and Maintenance
Rents Other than Real Estate
Other Expenses
Software
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
Per Diem and Fees
Contracts
Computer Billings DOAS
6587964772
16805036233
4917242016
356913352
166635512
862593669
546761460
97275798392
30243147014 127518945406
2336114764
9967105921
2174980897
711866666
382178710
585118800
2337824
7682828299
4571417
54390592
1182716980
851833
123508500
2891027383
197337516
159214241
100753464
226178400
12560431
10910791
121332093
1139067046
53120882
1813112
110452267
1301947104
4626315628
25208571203
1874034920
1502463126
1066891323
3247579140
7704451218
70STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1987
EXPENDITURES
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
Per Diem and Fees
Contracts
8860359915
19616913839
3314958002
2024056202
28477273754
CAPITAL OUTLAY
Other Costs
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Rents Other than Real Estate
Other Expenses
Travel
Equipment Purchases
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
468022
30506621
7540460
450052
52067
65679552
70931424218
39017222
1268854
740141626
70997103770
71777531472
1774801165
30133723200
and Civil Divisions
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Retirement
Health Insurance
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
Other Expenses
Extraordinary Expenditures
Duplicating and Rapid Copy
Travel
Publications and Printing
Equipment Purchases
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
Computer Charges
Supplies and Materials
Software
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
18308008
299018
301814
81575
305004
2653941449
326892055
2489034072
1562799579
351230120
76576769
120811417390
1861383700
343721048683
24881797428
50000000
711935
18990415
26837286
485112
75060
32027
34600
196000000
650984141
21064076946
498787138184
3279590
134930238
27397458
196066627
3049586633
21715061087
2747682492
273500000 526953632724
832578912855
95645596044
Includes assessment and collection allowance to
outside agencies in the amount of 6352017744
928224508899
The notes to the financial statements are an integral part of this statementCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUNDCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
Total Funds Available
540333536600
202735088425
82039174320
825107799345
103116709554
ADMINISTRATIVE
SERVICES
DEPARTMENT OF
3460473000
12566227
9262069055
12735108282
160485356
928224508899 12895593638
AGRICULTURE
DEPARTMENT OF
3684402800
415772978
82271306
4182447084
AUDITS AND
ACCOUNTS
DEPARTMENT OF
1037325700
000
44473
1037370173
4182447084
1037370173
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
127518945406 3394734278 2469287204 841933351
25208571203 876451314 234765008 25352701
1874034920 23492029 90453117 61912324
1502463126 47086059 54621333 20130200
1066891323 16044567 59954402 2599532
3247579140 519625270 32552259 6636839
7704451218 842849314 33204218 33991781
3314958002 296252554 63250060 32374417
2024056202 51191683 32620442 3478233
28477273754 192452452 27380935 2683220
71777531472 000 341000000 000
1774801165 000 000 000
30133723200 000 000 000
526953632724 6312426814 710339176
832578912855 12572606334 4149428154 1031092598
95645596044 322987304 33018930
928224508899 12895593638 S 4182447084 S

The notes to the financial statements are
an integral part of this statement
74 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
CORRECTIONS DEPARTMENT OF
BANKING AND FINANCE DEPARTMENT OF 00 00 00 00 BOXING COMMISSION STATE COMMUNITY AFFAIRS DEPARTMENT OF 8281525 42656236 440936 51378697 00 09 66 75 A DEPARTMENTAL OPERATIONS 29051348 41536 1185059 30277943 00 20 58 78 B CORRECTIONAL INSTITUTIONS TRANSITIONAL CENTERS AND SUPPORT 169199358 768242 3476148 00 54 88 E PROBATIONS DIVISION OF 36786447 0 5255924 42042371
4763593 0 0 700000 000 000 700000 00 00 52
4763593 173443749 42 52
000
4100884
476359300
700000
5137869775
3027794378
17348475826
4204237152
387204284 000 431506052 1092766506 12286667510 3571698032
15316732 67725 15169030 60078107 1919438737 99645394
25241029 000 16695981 37672516 22208646 57341181
8504585 000 700000 71831318 50122555 48787786
1295687 20586 10994347 7962277 10660020 19885892
709686 000 2824862 18083584 307975854 49389584
11237465 000 5603255 258983725 4903449 9844520
14910546 000 20501724 115720904 39590947 107610657
3255175 1337 11121828 28835818 107068075 48000923
18100 3 01654 117107936 107191283 33808255 1225336
000 000 000 31600000 45892680 114950000
000 000 000 000 44000000 000
000 000 000 000 000 000
000 000 4482815369 1193403678 2441944909 32108965
f 467693289 3 91302 5115040384 3024129716 17314281637 4160488270
8666011 3 08698 22829391 3664662 34194189 43748882
476359300 7 00000 5137869775 3027794378 17348475826 4204237152
75COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
DEFENSE
DEPARTMENT OF
EDUCATION
DEPARTMENT OF
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
462323500 201271432700
854736239 27749854052
34487904 89328570
1351547643 229110615322
14842154
80369204
Total Funds Available
1366389797 229190984526
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE 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
644821280
253814040
5453544
999540
3196980
18812762
8738951
480000
27176721
12288208
000
000
000
351451442
1327233468
39156329
3243269261
368885534
104752706
11373092
33543733
47508423
536461160
204485944
54611325
1081822253
102828300
000
000
224055160261
229844701992
653717466
1366389797 229190984526
The notes to the financial statements are an integral part of this statementCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
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
GENERAL OBLIGATION
DEBT SINKING FUND
STATE OF GEORGIA
NEW
000
000
197271694
197271694
000
000
108547000
ljU
LL1
108547000
3071354000
149214961
607899794
3828468755
1837907600
000
75000
25751643200
000
000
4382080000
000
000
1837982600 25751643200 4382080000
756056
134241000
000
197271694 109303056 3828468755 1972223600 25751643200 4382080000
79459939
1785522
667719
000
2160032
519948
30673556
10927572
2136804
62357117
000
000
000
6565591
839546
31930
17149
0
1025
3002
3488
94244
12548
87413
0
0
0
0
197253800
17894
1090348
2681
31
25
84
00
26
40
79
00
85
00
00
00
00
00
70
86
2322949452
729374746
16477660
133125508
10119981
230916832
15032064
2841800
75298296
87715015
68036687
000
000
70346313
3762234354
66234401
949414525 000
74403500 000
158231364 000
000 000
41592300 000
26772400 000
24065500 000
6077900 000
35169400 000
48222732 000
000 000
000 000
000 257 516 43200
112270833 000
1476220454 257 516 43200
496003146 000
000
000
000
000
000
000
000
000
000
000
000
000
4382080000
000
4382080000
000
197271694
109303056
3828468755
1972223600
25751643200
4382080000COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
GOVERNOR OFFICE OF THE
FUNDS AVAILABLE
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
A GOVERNORS PLANNING
GOVERNORS EMERGENCY AND BUDGET
OFFICE FUND OFFICE OF
i 3287321 00 000 4137439 00
70335 32 000 91823 15
135512 50 000 166440 00
3493168 82 5 000 4395702 35
4804237
C
UNITS ATTACHED FOR
ADMINISTRATIVE
PURPOSES ONLY
578869400
2809932045
445731743
6159720
3834533188
4649923938
Total Funds Available
000
445729955
8484457126
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
228626443
36081523
5510319
000
3552691
6756040
11502595
5974850
7970526
9328156
000
000
000
30976865
346280008
7841111
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
327283682
9888113
7806404
000
3936856
1320140
14838969
20630300
4478880
48090989
000
000
000
000
319647751
14918258
7678679
000
15547056
3928534
7417844
26668430
12133413
2229806663
000
000
000
281416744
438274333
7455622
2919163372
5565293754
354121119
000
445729955
8484457126
The notes to the financial statements are an integral part of this statementCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
TO COUNTIES
GRANTS STATE AID
TO MUNICIPALITIES
HUMAN RESOURCES DEPARTMENT OF
A
DEPARTMENTAL
OPERATIONS
B
HEALTH PLANNING
AND DEVELOPMENT
STATE
COMMUNITY MENTAL
HEALTHMENTAL
RETARDATION YOUTH
SERVICES AND
INSTITUTIONS
INDUSTRY
AND TRADE
DEPARTMENT OF
1191701300
000
000
1191701300
1351700000
000
000
1351700000
35144664900
48403319974
4277400229
87825385103
80296900
21653072
5571971
107521943
37766540400
4222354433
13375246702
55364141535
1537622900
000
91648435
1629271335
204675527
484010272
000
1191701300
1351700000
30060630
107521943
55848151807
1629271335
000 000 14168859181 73174351 29719334901 570214204
000 000 8507914013 2856816 3081993330 92767961
000 000 371712530 510313 64624186 30538088
000 000 13133378 000 86405092 000
000 000 147047814 294328 8831167 33373998
000 000 170757861 903683 250579677 8259562
000 000 1958906898 3334518 327591284 14760198
000 000 638305937 10576308 57308879 45299110
000 000 358501273 1734479 240382568 18500000
000 000 9350097229 7794106 2199138443 45364886
000 000 7258500 000 82838294 57500000
000 000 000 000 223700000 000
917 000 01300 13 517 000 00000 000 52118112526 000 1195592 000 000
11 18584563369 704033061
11 917 01300 000 13 517 00000 000 87810607140 219453490 102374494 5147449 54927291190 920860617 1620611068 8660267
11 917 01300 13 517 00000 88030060630 107521943 55848151807 1629271335
79COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
Total Funds Available
INSURANCE INVESTIGATION SUPREME
DEPARTMENT OF GEORGIA BUREAU OF COURT
855589500 2801901100 320377900
20200712 51755518 000
80850780 148349691 52989774
956640992 3002006309 373367674
18797812 29738293 000
975438804 3031744602 373367674
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
750146529
41202460
30793130
20872825
20614657
5466453
20396136
49279000
16435529
10789665
000
000
000
000
1932256491
188522189
59698303
115657544
9756949
88198936
210111727
146658405
155293520
5239287
19062920
000
000
64196481
272747615
16764046
2635143
000
8787181
5166504
30749644
19484320
2710045
14238927
000
000
000
000
965996384
9442420
2994652752
37091850
373283425
84249
975438804
3031744602
The notes to the financial statements are an integral part of this statement
80 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
COURT
OF APPEALS
SUPERIOR
COURTS
JUDICIAL SYSTEM
CONTINUING
JUDICIAL EDUCATION
INSTITUTE OF
JUDICIAL
COUNCIL
JUDICIAL
QUALIFICATIONS
COMMISSION
JUVENILE
COURT
JUDGES
COUNCIL OF
390394300
000
6759227
397153527
3061202600
13323931
47323484
3121850015 S
31833400
853925
4890410
37577735
70821500
1847737
2881740
75550977
10529200
000
000
10529200
23754400
37671774
134000
61560174
71325
397153527
3121850015
75550977
10529200
61631499
340983722 2952167451 000 47837181 000 21555882
7656502 46251047 5635174 4149492 875115 22762870
3301464 46923889 000 1000926 000 1863711
000 1286900 000 000 000 000
3220832 4382998 4714936 5200672 47756 778117
7196382 3954490 56624 455200 000 527500
14028041 10496750 461600 3203844 000 6020908
14971664 7144901 000 2240992 74800 478125
2843974 3249278 000 756238 86351 646021
1444000 25279762 26705059 9844526 7321436 6978512
000 000 000 000 000 000
000 000 000 000 000 OOC
000 000 000 000 000 000 000 000 000 000
000 000
395646581 3101137466 37573393 74689071 8405458 61611646
1506946 20712549 4342 861906 2123742 19853
397153527 3121850015 37577735 75550977 10529200 61631499
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
LABOR
DEPARTMENT OF
540224100
12020734249
244041410
12804999759
30272500
LAW
DEPARTMENT OF
674570100
000
71662604
746232704
000
MEDICAL
ASSISTANCE
DEPARTMENT OF
28842496000
62595084985
3300601703
94738182688
7460844023
Total Funds Available
12835272259
746232704 102199026711
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
5175543741
605667381
79668803
949728
1164466
16004208
411424507
203932379
129133237
100427137
14359119
000
000
6104553931
583925473
34938702
11593385
000
4368611
3238623
12322842
33033670
7891918
6002316
000
000
000
10995517
848957330
22642956
14986291
000
7138456
9585389
1010962786
84479168
29352801
1294443509
000
000
000
92212925037
12842828637
7556378
708311057
37921647
95535473723
6663552988
12835272259
746232704 102199026711
The notes to the financial statements are an integral part of this statement
82COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
NATURAL
RESOURCES
DEPARTMENT OF
PARDONS
AND PAROLES
STATE BOARD OF
PERSONNEL BOARD
STATE MERIT
SYSTEM OF
PERSONNEL
ADMINISTRATION
POSTSECONDARY
VOCATIONAL
EDUCATION
STATE BOARD OF
PUBLIC SAFETY DEPARTMENT OF
A
PUBLIC
SAFETY
DEPARTMENT OF
UNITS ATTACHED
FOR ADMINISTRATIVE
PURPOSES ONLY
6320137300
1474872004
1216299168
9011308472
1541937300
3000000
3504037
1548441337
000
000
26148656022
26148656022
9088792700
1085879943
101450572
10276123215
6203349900
16976846
189161767
6409488513
1189329100
358996744
24708310
1573034154
151742423
181343 14490270920
301681
2864672
9163050895 1548622680 40638926942 10276424896 6414988513 1575898826
4762382065
853021326
55818124
169348181
57147980
194463890
70644449
166027736
80605766
235239556
101944542
87574081
000
2164938361
1273599657
34325228
41372917
6442122
4797493
11910440
11744205
89409970
33087438
8452057
000
000
000
25887900
518058152
16893992
6550619
000
20356872
5508923
176241090
72002250
6576769
3264719709
000
000
000
24414451299
777693011
119338684
12399791
2798336
4489130
31763300
19833110
26129840
9701962
94491861
000
000
000
9092020372
4595595928
625008964
15198286
370038242
69526557
95037399
296053831
833000
79402661
15787526
000
000
000
189028215
425693939
160445060
13561159
15593571
6162636
57473594
27464244
13581194
16859607
67752224
179871144
000
000
560587056
8999156057
163894838
1541029427
7593253
28501359675
12137567267
10190659397
85765499
6351510609
63477904
1545045428
30853398
9163050895 1548622680 40638926942 10276424896 6414988513 1575898826
83COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TFANSFER FROM RESERVED FUND BALANCE
PUBLIC SCHOOL
EMPLOYEES
RETIREMENT
SYSTEM EXPENSE
FUND
1264408400
000
000
1264408400
PUBLIC SERVICE
COMMISSION
655143900
50477994
000
705621894
84574
PUBLIC
TELECOMMUNICATIONS
COMMISSION
GEORGIA
584881800
129752705
242637320
957271825
466141
Total Funds Available
1264408400
705706468
957737966
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
000 450711980 441040482
000 29531117 295146030
000 13433236 10413113
000 7144105 3807477
000 1901351 1579650
000 3792563 100594979
000 27451824 3766
000 24859884 000
000 9475561 7270078
000 125058032 96962232
000 000 000
000 000 000
000 000 000
12644 08400 000 000
12644 08400 693359653 956817807
000 12346815 920159
12644 08400 705706468 957737966
The notes to the financial statements are an integral part of this state
84COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
REGENTS OF THE UNIVERSITY SYSTEM
OF GEORGIA BOARD OF
A
RESIDENT
INSTRUCTION
B
REGENTS CENTRAL
OFFICE AND OTHER
ORGANIZED ACTIVITIES
REMOVAL OF
HAZARDOUS MATERIALS
AGENCY FOR
REVENUE
DEPARTMENT OF
SECRETARY OF STATE
SECRETARY
OF STATE
REAL ESTATE
COMMISSION
59854120300
000
196525300
60050645600
12333901300
000
10030533
12343931833
000 5689039800
000 000
34260909 6650132244
34260909
12339172044
1815919500
9213690
34265464
1859398654
122996200
000
1065994
124062194
000
000
3628424
60050645600
12343931833 S
34260909
12339172044
1863027078
124062194
230000000 366738897 4795329 3673623313 1152430051 70700277
000 22147406 3305669 108778066 148013487 10437354
000 11716365 000 126005531 20536365 1067961
000 000 000 9670938 15094779 1522020
000 12882584 17568 229230490 38791098 2526319
000 7919097 10565278 52990358 18962547 848894
000 674221 000 608086511 88774884 18465840
000 16512050 000 213098762 183816807 4980000
000 7603164 000 55089812 23662153 1692942
191437 18232815 4798407 6285899271 53076064 8867497
000 000 000 000 000 000
1419527084 000 000 000 000 000
000 000 000 000 000 000
58401224800 11873360000 000 958011814 12320484866 87232314 1830390549 000
60050943321 12337786599 23482251 121109104
297721 6145234 10778658 18687178 32636529 2953090
60050645600 12343931833 34260909 12339172044 1863027078 124062194
85 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
FUNDS AVAILABLE
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
SOIL AND WATER
CONSERVATION
COMMITTEE STATE
92510800
5211455
000
97722255
SPORTS HALL
OF FAME BOARD
GEORGIA
10000000
000
109461
000
10109461
000
Total Funds Available
97722255
10109461
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
TRAVEL
MOTOR VEHICLE 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
64379997 2012500
5043037 2066109
4902340 12890
000 000
2026307 000
1235400 14660
120226 000
3254478 691433
1324536 96409
15330598 215460
000 000
000 000
000 000
000 000
97616919 5109461
105336 5000000
97722255 S 10109461
The notes to the financial statements are an integral part of this state
86COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1987
STUDENT FINANCE
COMMISSION
GEORGIA
SUBSEQUENT INJURY
TRUST BOARD
TEACHERS
RETIREMENT
SYSTEM
EXPENSE FUND
TRANSPORTATION
DEPARTMENT OF
VETERANS
SERVICE STATE
DEPARTMENT OF
WORKERS
COMPENSATION
STATE BOARD OF
1786908700
000
383030330
2169939030
000
000
45718261
45718261
313000000
000
370756310
683756310
43456253200
35546023481
12777766335
91780043016
1613520000
310989401
000
1924509401
611950900
000
5015070
616965970
000
2169939030
45718261
4403169
75173173906
166953216922
1924509401
616965970
306016492
19481728
4679437
000
9168111
2607719
25633068
000
10391428
3298359
000
000
000
1786908700
2168185042
1753988
29307366
1881495
838428
000
419079
200445
447617
3737496
377264
8509071
000
000
000
000
45718261
000
211264053
5153002
2066188
000
8519305
1755465
78179487
17852766
7000672
29407375
000
000
000
294855094
656053407
32106072
17162117451
5312839503
156931437
215415912
87055865
788446140
346851678
113146822
186839320
943113276
70595389286
000
000
1942788461
97850935151
69102281771
3845491
45866
82032
0
22433
129303
0
199949
57404
16399
150000
0
0
14643795
19192677
52416
90
94
45
00
20
70
00
42
90
53
00
00
00
11
15
86
483307043
9898189
5167124
000
5157205
3573330
23312239
54037909
7937174
14580570
000
000
000
8346653
615317436
1648534
2169939030
45718261
688159479 S 166953216922
1924509401
616965970STATE REVENUE COLLECTIONS FUND
COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
89COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1987
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 State Board of
Postsecondary Vocational Education State 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
Workers Compensation State Board of
RENTS ON
CASH BALANCE TAXES FINES INVESTMENT
JULY 1 1986 AND FORFEITS PROPERTIES
13932122 000 5248 62445
32460251 1052500 000
000 000 000
000 1361300 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
000 000 000
127478302 000 000
000 000 000
1067546161 14686883629 000
15000 2410000 000
5240010 000 000
000 000 000
000 156940296 000
000 000 000
000 000 000
3872585 1416409077 000
000 000 000
000 000 000
2700 561130400 000
257000 000 000
000 000 000
10990957 505787806540 000
1500355 000 000
000 000 000
000 000 000
1263290043 522613993742
524862445
The notes to the financial statements are an integral part of this statement
90COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1987
DISBURSEMENTS
TRANSFERS TO
STATE REVENUE COLLECTIONS DEPARTMENT OF ADMINISTRATIVE
EARNINGS FROM
INTEREST FEES RENTS AND SERVICES FISCAL CASH BALANCE
EARNED SALES FOR SERVICES 188842172 TOTAL 9189921822 DIVISION JUNE 30 1987
8476217205 9188437796 15416148
000 425564308 426616808 427398225 31678834
000 75728752 75728752 75728752 000
000 500405143 501766443 501766443 000
000 725000 725000 1225000 500000
000 62800479 62800479 62800479 000
000 685000 685000 685000 000
000 25000000 25000000 25000000 000
000 5364317 5364317 5364317 000
000 1126235 1126235 1126235 000
000 1371758752 1371758752 1455393943 43843111
000 14519893 14519893 14519893 000
000 54286975 14741170604 15694259692 114457073
000 7830140 10240140 10255140 000
000 17767025 17767025 17542025 5465010
000 6683500 6683500 6683500 000
000 55136400 212076696 212076696 000
000 2287487 2287487 2287487 000
39023425 000 39023425 39023425 000
000 5458113 1421867190 1422405925 3333850
000 69506664 69506664 69506664 000
000 627500 627500 627500 000
000 848035554 1409165954 1409163254 000
000 273357200 273357200 273364200 250000
13642097 23223864 36865961 36865961 000
000 3274400281 509062206821 509042764688 30433090
000 1548003027 1548003027 1547760440 1742942
000 244000 244000 244000 000
000 587601038 587601038 587601038 000
8528882727 9446968819 541114707733 542131877718 246120058
91DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA
GENERAL OBLIGATION DEBT SINKING FUND
93DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
COMBINED BALANCE SHEET
FUND TYPE AND ACCOUNT GROUP
JUNE 30 1987
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
4360901980 4360901980
4360901980 4360901980
156464098020 156464098020
Total Assets
4360901980 160825000000 165185901980
LIABILITIES AND FUND EQUITY
Liabilities
General Obligation Bonds Payable
Fund Equity
Fund Balance
Reserved
For Debt Service
4360901980
160825000000 160825000000
4360901980
Total Liabilities and Fund Equity
4360901980 160825000000 165185901980
Note 1 The 156464098020 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 notes to the financial statements are an integral part of this statement
95 JJJJ jjjjjjjjjjjijjjjijuijiiiiiimiimiiiuijiu
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 1987
CASH RECEIPTS
OTHER REVENUES RETAINED
From General Obligation Debt Sinking Fund Budget Fund
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
For Accrued Interest on Refunding Bond Issue 1986B
Total Cash Receipts
CASH BALANCE JULY 1 1986
669349280
15192446
3820343166
249687265
30133723200
654156834
4070030431
34857910465
453254030
DISBURSEMENTS
35311164495
Interest on Bonds
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
78261500
134403000
138710000
115267500
173747500
151657500
200901250
24670000
86238000
104462500
77038750
6205000
30398000
14101500
221873750
175432500
376501375
348892500
84565000
19824000
74925000
261488500
19101250
143877500
111475000
142709000
66015000
231505500
53373000
119178500
359817250
57653500
116173375
16098750
34224000
790174250
58635500
1039506000
242036500
74178500
The notes to the financial statements are an integral part of this statementDEPARTMENT 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 1987
DISBURSEMENTS
Interest on Bonds
1986A
1986B
1986C
1986D
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
1986A
1986B
1986D
1987B
Total Disbursements
CASH BALANCE JUNE 30 1987
440716500
2097956515
149386500
158406000 9421762515
63500000
131000000
135500000
143000000
170500000
171500000
227000000
39000000
122500000
141500000
124500000
15500000
53000000
31000000
311500000
219000000
132000000
436000000
62000000
17500000
832500000
250500000
206500000
1514500000
101000000
1199000000
517500000
1403000000
297000000
582500000
257000000
232500000
71500000
57500000
19500000
2674000000
205000000
246500000
890000000
40000000
1401000000
1723500000
1371500000
2688000000
21528500000
30950262515
4360901980
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
35311164495
otes to the financial statements are an integral part of this statement lllllJJUJIIJJIJlJJIJJJJlJlJIUJllJliiJIIJUJIJiliJUIIDMIJIUJJOLD 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 1987
JUNE 30 1986
1550500
1550500
000
1550500
1550500
PLEDGE OF ROAD REVENUE APPROPRIATION
Certificate of Debt to Counties No Interest
Due but not presented
1940 Refunding Certificates of Indebtedness
Less Cash Reserve
Net Debt to Counties
10000
10000
000
10000
10000
Total Old State Debt Outstanding
Less Cash Reserve
1560500
1560500
1560500
1560500
Net Old State Fixed Debt
000
000
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 notes to the financial statements are an integral part of this statement
101
SBSCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGED
103
mSCHEDULE 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 1987
SERIES
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981B
1981C
1981D
1982A
1982B
1982C
198 2D
1982E
1982F
1983A
1983B
1983C
1984A
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
1986A
1986B
1986C
1986D
1987A
1987B
1987C
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
8186
8186
4187
4187
5187
ORIGINAL AMOUNT
OF ISSUE
2000000000
3870000000
3500000000
3840000000
5000000000
3910000000
4772000000
815000000
2731000000
3189000000
2640000000
345000000
1153500000
650000000
7712500000
7682000000
6400000000
15000000000
400000000
5285000000
565000000
3431000000
12137500000
860000000
6247000000
5384000000
5545000000
2414000000
7617000000
1496500000
3490000000
12667000000
1170000000
3800000000
315500000
1000000000
14564500000
1125000000
13166500000
4900000000
2350000000
8200000000
44157500000
5202500000
5490500000
11432000000
12181000000
4983000000
OUTSTANDING
1244000000
2234500000
2067500000
1809500000
2770500000
2318000000
3086500000
409500000
1431000000
1789000000
1453000000
121500000
568500000
267000000
4318500000
3766000000
5001000000
2888000000
None
619500000
162000000
None
1812000000
None
None
756500000
1329000000
522000000
2892500000
679000000
1156000000
3294500000
524500000
1147500000
204500000
336000000
9420500000
732500000
12368500000
3195500000
709000000
6799000000
39391500000
5202500000
4119000000
11432000000
9493000000
4983000000
MATURITIES
19871999
19871999
19882000
19882000
19882000
19872000
19872000
19881996
19881996
19881996
19871996
19871994
19881997
19881997
19881997
19871997
19882005
19881992
19871991
19871992
19881992
19881992
1987
1988
19871988
19871988
19881989
19881995
19881989
19881997
19881990
19881997
19881990
19881990
19882005
19881990
19871996
19881991
19872000
19871991
19872004
19881992
19882007
19882007
276787000000 160825000000
The notes to the financial statements are an integral part of this statementSCHEDULE OF VARIOUS AUTHORITY BONDS OUTSTANDING
FOR THE PAYMENT OF WHICH THE STATE OF
GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE
IS PLEDGEDSCHEDULE 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 1987
Georg
Georg
Georg
Georg
Georg
Georg
Georg
Georg
Jekyl
Stone
ia Highway Authority
ia Education Authority Schools
ia Education Authority University
ia Building Authority
ia Building Authority Hospitals
ia Building Authority Markets
ia Building Authority Penal
ia Ports Authority
1 Island State Park Authority
Mountain Memorial Association
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 Futhermore 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
ORIGINAL
AMOUNT
OF ISSUE
49273500000
52237400000
35898500000
3355000000
8876000000
1392500000
1200000000
4353500000
2137000000
1455000000
OUTSTANDING
0002
0003
51645000004
102000000
14045000005
1525000005
2485000005
1003000000
347500000
160000000
160178400000 8582500000
Total FullyFunded Authority Bonds
569500000GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUNDGEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
COMBINED BALANCE SHEET
FUND TYPE AND ACCOUNT GROUP
JUNE 30 1987
Investments
Fixed Assets
Land and Buildings
GOVERNMENTAL
FUND TYPE
CAPITAL PROJECTS
54086414683
ACCOUNT GROUP
GENERAL
FIXED ASSETS
TOTAL
Memorandum
Only
54086414683
195279786943 195279786943
Total Assets
54086414683 195279786943 249366201626
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Fund Equity
Investment in Fixed Assets
Fund Balance
Reserved
For Capital Projects
Total Fund Equity
5186110713 186110713
195279786943 195279786943
53900303970
53900303970
53900303970 195279786943 249180090913
Total Liabilities and Fund Equity
54086414683 195279786943 249366201626
Note The audit of the Georgia State Financing and
Investment Commission was performed by an
Independent Public Accounting Firm
The notes to the financial statements are an integral part of this statementGEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
YEAR ENDED JUNE 30 1987
CASH RECEIPTS
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
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
Veterans Service State Department of
Excess Monies in Escrow Funds
Georgia Education Authority Schools
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 Education Authority University
Georgia Ports Authority
Jekyll Island State Park Authority
For Accrued Interest on Refunding Bond Issue 1986B
General Obligation Debt Sinking Fund
For Operations
Georgia State Financing and Investment Commission
Budget Fund
Total Income Receipts
NONINCOME
Sale of State of Georgia General Obligation Bonds
Good Faith Deposit on Unissued Bonds
Total Cash Receipts
BALANCE JULY 1 1986
Cash
Investments
318500000
168120341
5908003291
64200000
44470596
10689073
34628823
37900418
105368318
6000000
214091950
5487450
80615558
5451200
3820343166
104834118
6450666
14489439
3946117389
249687265
6772401778
28628740
3461529963
86066758
108500000 4304304654
6044322585
39289000000
612500000
39901500000
45945822585
19271270
40979644971 40960373701
DISBURSEMENTS
86906196286

EXPENSE
Regular Operating Expenses
Per Diem Fees and Contracts
Per Diem and Fees
Total Expense
CAPITAL OUTLAY
Capital Outlay Projects
Total Disbursements
BALANCE JUNE 30 1987
Cash
Investments
186110713
54086414683
52803324
821511856
874315180
32131577136
33005892316
53900303970
Note The audit of the Georgia State Financing and
Investment Commission was performed by an
Independent Public Accounting Firm
The notes to the financial statements are an integral part of this statement
86906196286
113PUBLIC TRUST FUNDS
COMBINING BALANCE SHEET
BY STATE UNITS
115 COMBINING BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
JUNE 30 1987
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
Public Safety Department of
Public School Employees Retirement System
Regents of the University System of Georgia Bo
Secretary of State
Sports Hall of Fame Board Georgia
Subsequent Injury Trust Fund
Teachers Retirement System
Trial Judges and Solicitors Retirement Fund
of
CASH AND
TEMPORARY
INVESTMENTS
5039107672
000
000
2784444943
76823851049
349958
000
5760512
000
391399372
131973113
3132147
1172584146
51455079
5906648
INVESTMENTS
000
13698461522
190622839757
000
000
680785430
3500000
000
16304537497
000
000
000
000
569238133451
859420300
86409964639 791407677957
The notes to the financial statements are an integral part of this statementCOMBINING BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
JUNE 30 1987
LIABILITIES AND FUND EQUITY
TOTAL
TOTAL FUND EQUITY LIABILITIES
ACCOUNTS RESERVED AND
RECEIVABLE ASSETS LIABILITIES FUND BALANCE FUND EQUITY
j 54235765 5093343437 30786031 5062557406 5093343437
27301161 13725762683 000 13725762683 13725762683
000 190622839757 4868163868 185754675889 190622839757
000 2784444943 000 2784444943 2784444943
323293649 77147144698 000 77147144698 77147144698
000 681135388 16520692 664614696 681135388
000 3500000 000 3500000 3500000
000 5760512 000 5760512 5760512
000 16304537497 178438480 16126099017 16304537497
000 391399372 000 391399372 391399372
000 131973113 000 131973113 131973113
000 3132147 000 3132147 3132147
000 1172584146 000 1172584146 1172584146
10897474737 580187063267 111398 580186951869 580187063267
000 865326948 000 865326948 865326948
11302305312 889119947908 5094020469 884025927439 889119947908
117PRIVATE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
BY STATE UNITSCOMBINING BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1987
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Employees Retirement System Administrative Expense Fund
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
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Labor Department of
Law Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles State Board of
Personnel Board State Merit System of Personnel Administration
Postsecondary Vocational Education State Board of
Public Safety Department of
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
Removal of Hazardous Materials Agency for
Revenue Department of
Secretary of State
Student Finance Commission Georgia
Teachers Retirement System Expense Fund
Transportation Department of
Veterans Service State Department of
Workers Compensation State Board of
CASH AND
TEMPORARY ACCOUNTS
INVESTMENTS INVESTMENTS RECEIVABLE
93765630347 000 000
301322 000 000
11000 000 000
5500 000 000
8464711 000 000
231783610 000 60949
33125 000 000
52433048 1350000 000
181538997 000 000
4107265 000 000
893200 000 000
364865 000 000
1251077733 000 120726
10000 000 000
464943834 000 000
5415068 000 000
4620667 000 000
2714233 000 000
2369057 000 000
2647720 000 000
345277 000 40323
66687 000 66687
73500 000 000
33362396 000 000
17211763 000 000
44046816 4303390246 000
12182178 000 29792356
17240100 000 000
12000 000 000
474504 000 000
336898 000 000
828290364 000 19580
2242242 000 000
32700 000 000
099 000 099
405808124 000 29358
1250 000 000
2029815 000 000
97318624087 4304740246
30130078
The notes to the financial stat
ements are an integral part of this statement
120COMBINING BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1987
TOTAL LIABILITIES
LIABILITIES AND FUND EQUITY
TOTAL
ASSETS
93765630347
301322
11000
5500
8464711
231844559
33125
53783048
181538997
4107265
893200
364865
1251198459
10000
464943834
5415068
46
27
23
26
3
333
172
43474
176
172
4
3
8283
22
4058
20
20667
14233
69057
47720
85600
000
73500
62396
11763
37062
10178
40100
12000
74504
36898
09944
42242
32700
000
37482
1250
29815
ACCOUNTS
PAYABLE
000
000
000
000
000
000
000
000
128876521
000
000
000
84221
000
000
000
000
000
000
000
000
000
000
000
000
9414
000
000
000
000
000
000
000
000
000
000
000
000
DEFERRED
COMPENSATION
PROGRAM PAYABLES
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
4347420798
000
000
000
000
000
000
000
000
000
000
000
000
PAYROLL
WITHHOLDINGS
97495
703
110
55
15619
2309519
331
2699
0
451
8932
2950
1572474
100
207
283
61
01
00
00
15
04
25
63
00
99
00
75
21
00
20
75
6562
111354
000
000
370019
000
73500
125367
17211763
6850
2101978
359803
12000
000
336898
150943
72516
32700
000
81554734
1250
5000
TOTAL
LIABILITIES
97495
703
110
55
15619
2309519
331
2699
1288765
451
8932
2950
1573316
100
207
283
TOTAL
FUND EQUITY
RESERVED
FUND BALANCE
61
01
00
00
15
04
25
63
21
99
00
75
42
00
20
75
6562
111354
000
000
370019
000
73500
125367
17211763
4347437062
2101978
359803
12000
000
336898
150943
72516
32700
000
81554734
1250
5000
937558807
2310
0
0
69027
8926
0
535130
526624
40620
0
697
10938668
0
4649231
53866
TOTAL
LIABILITIES
AND
FUND EQUITY
93765630347
301322
11000
5500
8464711
231844559
33125
53783048
181538997
4107265
893200
364865
1251198459
10000
464943834
5415068
86
21
00
00
96
55
00
85
76
66
00
90
17
00
14
93
4614105
2602879
2369057
2647720
15581
000
000
33237029
000
000
15508200
16880297
000
474504
000
828159001
2169726
000
000
324282748
000
2024815
333
172
43474
176
172
4
3
8283
22
4058
20
20667
14233
69057
47720
85600
000
73500
62396
11763
37062
10178
40100
12000
74504
36898
09944
42242
32700
000
37482
1250
29815
503726496 S 4980117450 S 96673376961 101653494411SECTION III
REPORT OF THE STATE AUDITOR OF GEORGIA
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
123 COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
125
COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
CURRENT FUNDS
ASSETS
Cash and Temporary Investments
Investments
Accounts Receivable
Inventories
Prepaid Expense
Investment in Plant
Amount to be Provided for Payment of
Accrued Compensated Absences
LeasePurchases
RESIDENT OTHER
INSTRUCTION ORGANIZED
FUND ACTIVITIES
RESTRICTED AUXILIARY
FUNDS ENTERPRISES
LOAN
FUNDS
S 3480469368 729148196 25915407 3348636317 539681217
157718616 3734361331
2852079917 1362257746 2526560677 391523602
452308773 207584057 1053624280
75710069 15097649 14201951
Total Assets
6860568127 2314087648 2500645270 4965704766 4274042548
LIABILITIES AND FUND EQUITY
Liabilities
Accounts Payable
Accrued Payroll
Deferred Revenue
Compensated Absences Payable
LeasePurchases Payable
Total 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
3492048770 1222539222
356342522 114200210
2417717073 32397800
6266108365 1369137232
530817985 922268612
168906791
30826382
481002728
680735901
2697409994 4274042548
2500645270 1587558871
63641777 22681804
594459762 944950416 2500645270 4284968865 4274042548
Total Liabilities and Fund Equity
6860568127 2314087648 2500645270 4965704766 4274042548
The notes to the financial statements are an integral part of this statement
126
COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1987
TRUST FUNDS
PLANT FUNDS
AGENCY FUNDS
ENDOWMENT
FUNDS
UNEXPENDED
INVESTMENT
IN PLANT
STUDENT
ACTIVITIES
PRIVATE
TRUST
ACCOUNT GROUP
GENERAL
LONGTERM
DEBT
TOTALS
Memorandum Only
2820785592 1146262975
2561337167 806966
10681741 591589810
70777
490874082 2308675946
29108946
45654610
173714263930
1987 1986
14838618286 13721469248
6454224080 5060360177
7809457049 6809506873
1713517110 1725969295
105080446 63875891
173714263930 162899643910
4907053200 4907053200 4608634244
1702509170 1702509170 1895078612
5392804500 1738730528 173714263930 519983028 2354330556 6609562370 211244723271 196784538250
1262788407
56618816 1541956492
822315
189349969
4549624015 368011474
7744858498 7012313840
502191429 578763056
3120467570 2790376997
4907053200 4907053200 4608634244
1702509170 1702509170 1895078612
1262788407 246791100 1541956492 6609562370 17977079867 16885166749
173714263930 173714263930 162899643910
14159872652 12857099486
843180485
5323960 812374064
267867968
107930647
5199252594 4062864441
194254228 79763664
193267643404 179899371501
5392804500 475942121 173714263930 273191928 812374064
5392804500 1738730528 173714263930 519983028 2354330556 6609562370 211244723271 196784538250
127 COMBINED STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
129COMBINED 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 1987
FUNDS AVAILABLE
RESIDENT INSTRUCTION FUND
CURRENT FUNDS
REGULAR
STATE FUNDS
Allotments from Board of Regents of
the University System of Georgia
OTHER REVENUES RETAINED
Gifts and Grants
Restricted
Research and Instruction
Student Aid
Plant Additions
Unrestricted
Tuition and Fees
Endowment Income
Rents
Sales and Services
Contract Overhead
Interest Received
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
58183604800
53913819
18456918142
6613325
108573131
1364233053
1824326213
24978287
302730000
1144800496
58183604800 11060382600
12704828287 12704828287
3331377903 3331377903
53913819 9171857721
222742924
28361244
18456918142
229356249
108573131
1392594297
1824326213
24978287
302730000
1144800496
464397363
24263976
881479834
1584901217
10891
55570000
124905313
23287086466 16287310358 39574396824 12307386315
81470691266 16287310358 97758001624 23367768915
658430819
658430819
Total Funds Available
81470691266 16287310358 97758001624 24026199734
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Liability Insurance
Unemployment Compensation 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
50516891972 6860964752 57377856724 12291891482
3162444879
2348562928
6242268090
137465992
78278679
229157417
308120786
162503910
671923992
474720
281035
200805
3470565665
2511066838
6914192082
137940712
78559714
229358222
754951769
625675127
1587755832
144697022
12073087
33665763
62715069957 8004470000 70719539957 15450710082
648012917
100185925
140266285
2764996238
2010990962
2827819275
954202051
170140925
152834717
33238478
97708489
22724628
361118514
535667785
4191148192
127787948
286655316
146852447
906720696
773690250
1015475974
340494533
14342317
12259483
989900476
219173677
17602921
268946672
39321509
4570507
435398438
3437318391
438448479
92547689
912055686
64203353
40574502
16860337
70393277
441807887
426620224
988507450 2 62870332
114528242 36999127
152525768 56122966
3754896714 24 82169701
2230164639 4 61632890
2845422196 5 30841831
1223148723 57292951
209462434 1 91012511
157405224 40817500
33238478
533106927 899589
3460043019
799566993 3 68248666
628215474 1 85028947
5103203878 12 17654612
191991301 17155471
327229818 37929070
163712784 3 39847891
977113973 2 94371350
1215498137
1442096198
332486347
100162875
18268238012 8282840358 26551078370 7013544627
130COMBINED 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 1987
ORGANIZED ACTIVITIES
SPONSORED
AUXILIARY
ENTERPRISES
UNEXPENDED
PLANT
FUND
TOTALS
Memorandum Only
1987
1986
11060382600
167620000 69411607400 64572022300
6755811895
64900
273615703
6755811895
64900
9171857721
464397363
24263976
1155095537
1584901217
10891
55570000
124905313
19460640182 17203980948
3331442803 3548330233
913097520
3244113376
2901829320
190136454
548520902
931555236
287966139
120487248
63015520
3510000
140112558
416385142
400220747
931555236
287966139
9346258788
19834413025
292371769
3380460483
5589631712
3409227430
631510774
358300000
2218447458
000
195748559
8475830605
17284341633
291895297
3284012197
5232133531
3254839434
661277159
369440489
1054453049
000
7029492498 19336878813 6866142336 2363252590 68140670563 60856283134
S 7029492498 S 30397261413 S 6866142336 2530872590 137552277963 125428305434
44796150 2202716191 1871832392
1406605138 1596103036
658430819 1499489222
1406605138
658430819 2906094360 44796150 3609321329 3467935428
S 7029492498 31055692232 9772236696 2575668740 141161599292 128896240862
3883766616 16175658098 3292098758
76845613580 70456986563
223037982
101928115
394410138
336096
831000
977989751
727603242
1982165970
144697022
12409183
34496763
174711896
185417976
301801501
1235579
567985
1861739
4604309947 20055020029 3957695434
176935679
13646856
3474750
805284631
38228451
48059613
6775683
40320842
8219412
62214
64900
97742540
17197067
305175509
55951640
11769121
2229093
16910136
56438670
708857676
439806011
50645983
59597716
3287454332
499861341
578901444
64068634
231333353
49036912
961803
64900
465991206
202226014
1522830121
73107111
49698191
342076984
311281486
388925017
809020551
20326803
26063663
520101050
243133601
762129084
28094643
35256917
70000
2259039
103282298
103155614
3448929
7107887
638281
266547894
165946070
67881745
235537947
2413344483 9426889110 2590981465
4623267312 4214935466
3424088056 3057720568
9198159553 8291087900
283873313 130545329
91536882 1021567
265716724 250771044
94732255420 86403068437
J 1448640264 1349424188
191237888 223766330
212123484 166013168
7562452096 6806836075
2973159581 2731253562
4186452724 4003571452
1287217357 820277597
468890430 459181158
241699053 177863518
33308478 48486252
536327769 553756547
3460107919 3668587285
1368840497 969867396
933597102 803171172
6629482928 6313305770
272206299 306170560
377566290 361737164
772337662 730704981
1454341529 1515509063
1672304899 1308879324
2486654696 2105649107
38568948945 35424011669
131COMBINED 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 1987
EXPENDITURES
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
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
RESIDENT INSTRUCTION FUND
CURRENT FUNDS
SPONSORED
Total Capital Outlay
OTHER
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Liability Insurance
Unemployment Compensation 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
Other Expenditures
Publications and Printing
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Other
Total Expenditures
Excess of Funds Available over Expenditures
28297703
1837326
991945
3454848
34581822
950840
9346
1947061
732729
328656716
306800
79487
9535267
1034718
1230946
2260806
2637777
8497776
10487731
10456990
413406812
28297703 204746237
1837326
991945
3454848
000
000
000
950840
9346
000
1947061
732729
000
328656716
306800
000
79487
9535267
1034718
1230946
2260806
000
2637777
000
8497776
10487731
10456990
11365486
6473738
20371514
79037
90004
376876
34581822 243502892
6934907
210699
1353500
27426693
5668806
9813181
2065348
343908
44808
8600000
6482415
3177057
39496348
106222
668631
720676
2091342
16444789
503994686
413406812 879146908
81396714781 16287310358 97684025139 23343401617
73976485 KOO 73976485 682798117
81470691266 16287310358 97758001624 24026199734
The notes to the financial statements are an integral part of this statementCOMBINED 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 1987
ORGANIZED ACTIVITIES
SPONSORED
AUXILIARY
ENTERPRISES
UNEXPENDED
PLANT
FUND
TOTALS
Memorandum Only
1987
6527734
290711
172341
381600
7372386
17592628
51899862
582959173
3144279
77350
95250
940848
995294
395087003
228400
1300000
113226139
766618979
6527734
290711
172341
381600
73723
000
000
17592628
51899862
582959173
3144279
77350
95250
940848
995294
395087003
228400
1300000
000
113226139
766618979
13319946
146429
93987
236492
13796854
346888
1512
51755147
106017134
425843637
2147428
251154
128665
2004482
912253
392636067
565930
20010220
382500
71269695
781817690
1941537591 1941537591 1869887256
5295892 210042129
371551
104150
763986
3022643
230000
97428
77999
631202
682726
420158
35333
105000
11737037
6577888
21135500
79037
90004
376876
6535579 250038471
6934907
210699
1353500
30449336
5668806
9813181
000
2295348
343908
44808
8600000
6579843
3255056
40127550
788948
1088789
720676
2126675
16549789
503994686
11838068 S 890984976
7029492498 30372894115
000 682798117
900
5600000
154399100
238339832 200024626
13574363 11370184
7569833 4747068
24590348 18146191
79037 15165
90004 000
376876 144585
284620293 S 234447819
7885747 5139949
220045 144073
1353500 1381170
32396397 28187804
6401535 4604995
9813181 11028495
328656716 328711533
2602148 2158157
343908 191461
124295 259676
18135267 20676991
7614561 6039790
4486002 4212417
42388356 44305625
788948 520694
3726566 5442694
720676 000
10624451 1429380
27037520 16501159
514451676 451971034
000 1412384
900 000
000 5850
5600000
154399100
000
328581766
160000000 1464391788 1497354916
6548676899 2101537591 136707133744 125194322278
3223559797 474131149 4454465548 3701918584
g 7029492498 31055692232 9772236696 2575668740 141161599292 128896240862
133UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTSUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUNDS AND ACCOUNT GROUP INCLUDED IN FINANCIAL STATEMENTS
rSe8 L2teeiuT riiTiZTvr r rganird rthe asis of funds and c h f
assets liabilities fund ecu y revenues and expenditure 3CCOUnted for wlCh a P set of selfbalancing accounts that comprise its
individual funds based both uponthe sour tJ JTZ
Er rxiListi inealn0teratedand other sours of runder the f f
principles applicable to colleges and oSi 2 resentedln SuTSStTS JSSS aCC0Utin8
CURRENT FUNDS
and public service expendable for purposes of performing the primary functions of the units ie instruction research
eorgia which are for specialized instructional activities not budgeted through the Resident Instruction Fund
unitsTtheTnfvSty System ollLU lTflZZT ST TJ C Udent8 a various
equal to the cost of the service 7 t0 PartlPas that are directly related to but not necessarily
PUBLIC TRUST FUNDS
System frdGeUrgirforCrnpurfoereeimaKinEdedbUrtemeniS1and f h f the
of loan funds administered by each institution edUCatlnal loans to indents Separate identity is maintained of the various types
ENDOWMENT FUNDS Jhe fund used to account for nated assets that donors have stipulated be retained for investment purposes by the various
unrestricted or added to the principal deeding HofSLt Wrum U1
PLANT FUNDS
UNEXPENDED PLANT FUND The fund used to account
various units of the University System of Georgia
for financial resources utilized to acquire or to construct physical properties for
the
trriouTof ll 2 J
properties belonging to the various units less the amount or any indebtedness to others Ctal bk Value f phySical
AGENCY FUNDS
dentlTtne JXZWSLSSS Georgia t behalf of
igrLrnLiduartudetrfauostifmemnsrnd 0 units of the University system o Georgia m stodian
ACCOUNT GROUP
certain longterm liabilities is in accordance with generally accented sov recording the noncurrent portion of
debt was begun during the year ended June 30 187 aT isT thereto T Jo ZSJT
BASIS OF ACCOUNTING
Modified3 llTrtilTsit a J ency Funds Student Activities o the
general longterm debt are recorded at the time fiabiUtes are ncLreH txng in which expenditures other than accrued interest of
available revenues which should be accrued rerUcnrooerlv the 1 nds a corded when received in cash except for material or
performed and for goods which have not been delivered at he end of he fiscal CntraCtual igations for services which have not been
accompanying financial statements The recognition of encumbrances of t I recnlzed as expenditures and liabilities in the
Law and provisions of State budgetary poUcy but is not consitfnwith Zt aSumi and abilities is in accordance with Georgia
recording of encumbrances as a reservation of fund balance CnS1Stent Wh generally accepted accounting principles which provide for the
This isocuntTnrisdelinedastthod JltVl ST Ch ReiptS Dbursements basis of accounting
rather than when earned and JllinenseTarlgedaid Ull a
NOTE 2 INVENTORIES
ActivUiesfAuxiliar H cost as assets in the Resident Instruction Fund Other Organized
NOTE 3 GENERAL FIXED ASSETS
eentuntTrbancrhowno the Comblnedlalance Sneet tetf5ft Tl aS
fixed assets through Current Funds and Unexpended Plant Fund and Ti I reflects the accumulated expenditures made for general
Georgia Education Authority University on bLalfofhevlriousitfo thf UniversitylyTtem Geir61
136 UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO FINANCIAL STATEMENTS
JUNE 30 1987
NOTE 3 GENERAL FIXED ASSETS
cost of less than
The various units of the University System of Georgia are not required to inventory items of e1 ith acquisition System f
50000 and noninventory items are not recorded as general fixed assets During the year under review the units of the Univers y y
Georgia deleted equipment items previously recorded on inventory records that had an acquisition cost of less than uuuu
general fixed assets account accordingly The cumulative adjustment for these deletions was 5079165670
General fixed assets given to the various units of the University System of Georgia are recorded at fair market value at the date of the gift
and disposals are deleted at recorded cost No depreciation has been provided on general fixed assets
NOTE 4 TOTAL COLUMNS ON COMBINED STATEMENTS OVERVIEW
Total columns on the Combined Statements Overview are captioned Totals Memorandum 0n that they are JMtjr
BXJSSPfJSZ SSSW noTcoiidatiol S lZ made L the
aggregation of this data
NOTE 5 GENERAL LONGTERM DEBT
COMPENSATED ABSENCES PAYABLE
In accordance with State policy the cost
of annual and sick leave is recorded when paid rather than when earned
sjsb saw ft vws ss flK5W8tr
termination of employment
CHANGES IN GENERAL LONGTERM DEBT
A summary of changes in General LongTerm Debt for the year ended June 30
1987 follows
Compensated
Absences
LeasePurchase
Balance July 1 1986
Retroactive Restatement of Prior Year
Balances Payable
Annual Leave Earned and Utilized Net
Additions
Retirements
000
4608634244 1895078612
298418956
663423184
855992626
4907053200 1702509170
Balance June 30 1987
The liability for compensated absences at June 30 1987 has been adjusted to reflect current salary and wage costs
at the inception of the agreement
NOTE 6 RETIREMENT PLAN
SubstantialiraTchers inistrative and iJTl0
contributory defined benefit plan The System is iunaeu mruugu VI1 11 LVi of salaries to the Teachers Retirement System of
as established
NOTE 7 CONTINGENCIES
PENDING LITIGATIONS
The various units of the University System of Georgia
any in these matters was not determinable
defendants in several lawsuits involving various matters The actual liability if
137UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
139UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
REGENTS SCHOLARSHIP FUND
On June 30 1987 the Regents Scholarship Fund of the various units of the University System of Georgia has an uncommitted balance of 795233
which should be returned to the Board of Regents of the University System of Georgia for transmittal to the Department of Administrative
Services Fiscal Division An analysis of the uncommitted balance of 795233 by unit of the University System is as follows
Senior Colleges
Armstrong State College
Southern College of Technology
Junior Colleges
Abraham Baldwin Agricultural College
Atlanta Junior College
South Georgia College
20000
552115
3218
60000
159900
795233
AGENCY FUNDS STUDENT ACTIVITIES
On June 30 1987 four units of the University System of Georgia had deficit fund balances in their Student Activities Fund as follows
Senior Colleges
Albany State College
Armstrong State College
Fort Valley State College
Savannah State College
7955010
2738371
927750
23631513
These deficit fund balances have a direct relation to the lack of sufficient funds to meet obligations of the colleges on a current basis
ENDOWMENT FUNDS ACCOUNTABILITY
Endowment Funds contain funds which a donor or an outside agency has stipulated that as a condition of the gift the principal corpus is to
remain intact and only the income derived from investment of the funds may be expended
The Accounting Procedures and Instructions manual of the Board of Regents of the University System of Georgia stipulates that accounting
records of endowment funds should make careful distinction between income and additions to the principal of a fund
At June 30 1987 the fund balances of the Endowment Funds of the following units of the University System of Georgia did not distinguish
between the income and principal of the funds
Senior Colleges
Augusta College
Fort Valley State College
Georgia College
North Georgia College
Corrective action should be implemented by the above units of the University System of Georgia to comply with the above stated accounting
procedure
INDIVIDUAL AUDIT REPORTS
The Findings and Improper or Questioned Costs Section of the individual audit reports details unusual situations deficiencies of 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
CASH SHORTAGE GEORGIA TECH RESEARCH INSTITUTE
The audit report for the year ended June 30 1986 reported a petty cash fund shortage in the amount of 319665 at the Georgia Tech Research
Institute A followup count established the shortage at 344401 The 344401 was recovered from the State insurance program and the fund
restored to its original amount
PAYROLL ACCOUNTING SYSTEM
The audit report for the year ended June 30 1986 noted that 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 resulted in problems with the bank
irL11011 Drocess Journal entries needing to be made monthly to reconcile the two systems and an unidentified reconciling item of
195506 on the bank reconciliation at June 30 1986 During the year under review the Institute made substantial improvement in correcting
the deficiencies noted in the prior year fi
OVERPAYMENT OF SALARIES
At June 30 1987 the Institute had 1582193 in accounts receivable representing unresolved salary overpayments Appropriate action should be
taken by the Institute to secure reimbursement for these overpayments
INVENTORY OF EQUIPMENT
The audit report for the year ended June 30 1986 noted accounting deficiencies and errors in equipment inventory records During the year
under review improvements were made to the accounting records that allowed the Property Control System to provide documentation for additions
or equipment that was supported by the financial records of the Georgia Institute of Technology
During the year under review a randomly selected equipment inventory sample of 247 items was used to test the accuracy and validity of the
equipment inventory records The test results of this sample indicated 36 exceptions which are summarized as follows
1 There were 34 items which were not located Of these 34 items 25 were under the 50000 materiality threshold as defined by the
Board of Regents and will be deleted from the inventory records in the subsequent fiscal year
2 There were 2 items which were transferred off campus without proper authorization
Management should continue its efforts to strengthen internal accounting controls and to establish any administrative procedures necessary to
ensure that assets are safeguarded against loss from unauthorized use or dispositionUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
SENIOR COLLEGES
ALBANY STATE COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On June 30 1987 Albany State College had 28036035 in student accounts receivable which were either incurred prior to Summer quarter 1987
or had no approved financial aid as of June 30 1987 to support the receivable 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
As of June 30 1987 10785259 of the 28036035 student receivables had been turned over to collection agencies
RETURNED CHECKS
The cash balance at June 30 1987 included 271187 in checks which had been returned for insufficient funds It
Albany State College to effect collection of these returned checks
is the responsibility of
ARMSTRONG STATE COLLEGE
RETURNED CHECKS
On June 30 1987 the Auxiliary Enterprises Fund had 377417 in accounts receivable for checks which had been returned for insufficient funds
It is the responsibility of Armstrong State College to effect collection of these returned checks
CLAYTON STATE COLLEGE
EQUIPMENT INVENTORY
The audit report for the prior year noted that the equipment control accounts maintained in the general ledger of Clayton State College did not
reconcile with the Colleges subsidiary equipment inventory listings This condition had not been corrected as of June 30 1987 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
FORT VALLEY STATE COLLEGE
STOLEN FUNDS
In the year under review cash and checks from students totaling 2654091 were stolen during registration for the 1987 Winter quarter
Subsequently replacement checks totaling 1916856 were obtained from the students The balance of 737235 was received from the State of
Georgia Hazard and Insurance Reserve Fund administered by the Georgia Department of Administrative Services
RETURNED CHECKS
The audit reports for prior years noted that the College had instituted a policy that personal checks would not be accepted as payment for
tuition and fees and that a concentrated effort would be made to collect all returned checks on hand During the year under review the College
continued to accept personal checks from students
At June 30 1987 the College had 1818398 in checks payable to the College that had been returned by the bank as unpaid This amount
represents a 52966 increase in returned checks from the prior year Management should carefully review the Colleges compliance with its
stated policy that personal checks not be accepted as payment Appropriate action should be taken to collect all returned checks on hand
STUDENT ACCOUNTS RECEIVABLE
At June 30 1987 accounts receivable due from students were shown in the following funds
Resident Instruction Fund JtfisRslR
Auxiliary Enterprises
Student Activities Fund 3332602
33674699
These balances have accumulated largely because of extension of credit to students who had no approved financial aid to support the receivable
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
STUDENT NOTES
In the prior years and again in the year under review the General Ledger Control Account of the National Direct Student Loan Fund was not in
balance with the subsidiary detail furnished by the Wachovia Bank Winston Salem North Carolina which renders an accounting service for these
loans Reconciliation was made and adjustments were given to the College
deficiency from occurring in the future
Appropriate action should be taken by the College to prevent this
SAVANNAH STATE COLLEGE
IMPROPER EXPENDITURES
The Schedule of Other Operating Expenses Schedule 12 of unit report shows an expenditure of 97400 for student travel from the Regular
Resident Instruction Fund An expenditure from the Regular Resident Instruction Fund for this purpose is not in accordance with policy and
instructions of the Board of Regents of the University System of Georgia Internal controls should be established to ensure that all
expenditures made by the College are for educational purposes
PETTY CASH FUNDS
During the course of this examination a cash count was made of the 20000 petty cash fund located m Physical Plant Operations At the time
of this count 15566 was accounted for leaving a shortage of 4434 The custodian of the petty cash fund is responsible for all monies
received and disbursed in the fund Reimbursement of the shortage of 4434 should be obtained from the custodian of the petty cash fund or
proper officials of Savannah State College Periodically officials of Savannah State College should make surprise cash counts of all petty
cash funds to ensure proper internal controls are being followed
EQUIPMENT INVENTORY
The audit report for the period ended June 30 1986 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 a net value of 201289 The College should continue its efforts to reconcile these differences in order to control properly its
equipment inventoryUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
SENIOR COLLEGES
SAVANNAH STATE COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On June 30 1987 Savannah State College had deferred student accounts of 5298614 of which 5196014 was incurred prior to the Summer
quarter 1986 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
ENDOWMENT FUNDS
In the year under review the College received 20000000 from General Motors Corporation and 15000000 from the U S Office of Education to
be used for endowment purposes These funds were recorded in Agency Funds Private Trust by the College and are reported as such in
unit report As of June 30 1987 the College had not complied with the grantors restrictions on the corpus of these endowments
Attention is called to the following policy as stated in the Board of Regents Business Procedures Manual Volume 1 Accounting Procedures and
Instructions which states in part that
The title to all funds held in trust by the Endowment Funds of the various institutions of the University System of Georgia is vested in
the Regents of the University System of Georgia The Board of Regents acting in the capacity of trustee must pass on all matters
involving the management of Endowment Funds
The College should conform to the procedures as stated by the Board of Regents and the grantors of the Endowment Funds Pending approval by the
Board of Regents these funds should be recorded as a part of the Colleges Endowment Funds
SOUTHERN COLLEGE OF TECHNOLOGY
DEFERRED FEES
The audit reports for the years ended June 30 1985 and June 30 1986 called attention to the fact that some student fees were being deferred
In the year under review there were instances of fees still being deferred for students On June 30 1987 Southern College of Technology had
521700 in student accounts receivable which were either incurred prior to Summer quarter 1987 or had no approved financial aid as of
June 30 1987 to support the receivable 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
Our review also disclosed that in some instances students were deleted from registration records by the Registrars office for the purpose of
deferring their fees This practice resulted in 262000 in student accounts receivable not being recorded in the accounting records This
practice should be discontinued immediately It is emphasized that the person or persons responsible for authorizing deferments could be held
is recommended that legal means be used to collect all student accounts receivable if
personally
necessary
liable for the uncollected amounts It
AUXILIARY ENTERPRISES DORMITORY DEPOSITS
The audit report for the year ended June 30 1986 called attention to the fact that there was a lack of internal control over dormitory
deposits In the year under review the following weaknesses still existed
1 Detailed individual records were not updated on a timely basis and balanced to a control card Individual records must be balanced
and updated on a continuous basis and a control card established This is essential in establishing the amount of the liability and
identifying the individuals who have deposits with the College
2 The Director of student housing was collecting deposits from some students and no receipts were being issued The Director of student
housing should not be collecting any money from students All deposits and fees should be paid at the cashiers office It is
essential that all monies be accounted for and proper documentation maintained
3 There was not a policy to review old unclaimed deposits and writeoff deposits that have not been claimed in a reasonable amount of
time A policy should be established that would allow for periodic review of the records and any deposit not claimed in a reasonable
amount of time after a student has left school should be writtenoff
VALDOSTA STATE COLLEGE
STUDENT NOTES
In the year under review the General Ledger Control Accounts of the National Direct Student Loan Fund and the Nursing Loan Fund were not in
balance with the subsidiary details as presented for examination Appropriate action should be taken by the College to prevent these
deficiencies from occurring in the future
JUNIOR COLLEGES
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On June 30 1987 Abraham Baldwin Agricultural College had 325312 in student accounts receivable which were either incurred prior to Summer
quarter 1987 or had no approved financial aid as of June 30 1987 to support the receivable 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
STUDENT NOTES
In the year under review the General Ledger Control Account of the National Direct Student Loan Fund was not in balance with the subsidiary
detail as presented for examination Appropriate action should be taken by the College to prevent this deficiency from occurring in the
future
142UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1987
INDIVIDUAL AUDIT REPORTS
JUNIOR COLLEGES
ATLANTA JUNIOR COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On June 30 1987 Atlanta Junior College had 29722 in student accounts receivable which were either incurred prior to Summer quarter 1987 or
had no approved financial aid as of June 30 1987 to support the receivable 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
DEKALB COMMUNITY COLLEGE
AUXILIARY ENTERPRISES CONTRIBUTIONS ttj f
During the year ended June 30 1986 contributions to the DeKalb Community College Foundation and the President s Discretionary Fund of
3000000 and 2335973 respectively were made from the Auxiliary Enterprises Further examination revealed that an additional contribution
of 500000 was made from the Auxiliary Enterprises to the Presidents Discretionary Fund during the year ended June 30 1985 Expenditures ot
this nature are beyond the customary scope of expenditures for educational purposes as required by Official Code of Georgia Annotated Section
202411 Reimbursement of 5835973 should be secured for deposit to the Auxiliary Enterprises
GORDON JUNIOR COLLEGE
Ithryeafulderreview it was noted that the control accounts maintained in the general ledger of Gordon Junior College did not reconcile
with the Colleges subsidiary equipment inventory listings Further review indicated that equipment purchases and deletionsjnade during the
under review were not recorded on the subsidiary equipment records After these adjustments
year
a difference of 36342868 remained between
control accounts and the subsidiary records Personnel at thecollege should take a complete inventory of the Colleges equipment and
record necessary adjustments to bring the control accounts and subsidiary records into agreement
MIDDLE GEORGIA COLLEGE
OnUDJuLA3o987 Middle Georgia College had 1356156 in student accounts receivable which were either incurred prior to Summer quarter
or had no approved financial aid as of June 30 1987 to support the receivable There is no
proved documentation of financial aid at the time of registration Collections
and no student should be granted a deferment without having
1987
There is no provision in the policies of the Board of Regents
for deferments of student accounts without the student having appr
of student accounts receivable should be made on at least a quarterly basis
It is recommended that legal means be used to collect all student accounts receivable if necessary
approved financial aid
Tcountf receivable balance at June 30 1987 included 336115 in checks given by individuals which have been returned by the bank unpaid
Action should be taken to effect the collection of these returned checks
WAYCROSS JUNIOR COLLEGE
STUDENT ACCOUNTS RECEIVABLE
On
June 30 1987 Waycross Junior College had 278067 in stu
tudent accounts receivable which had no approved financial aid as of June 30 1987
to support the receivable 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 a
lelst 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
143COMBINING BALANCE SHEETS
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA BY FUNDS
145 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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 RECEIVABLE INVENTORIES
1095562678 220209245 i 60389208
455383327 375725603 50864510
134176001 201734400 4572044
238469693 1041064579 151566632
92860544 26505898 8710111
39180555 10856182 3608968
37437973 59148041 8436428
86534292 1813900 5511707
96413067 33965967 8048378
33768417 37069566 4458642
37302523 55918762 9818615
49978650 244024969 18017178
29183559 16496996 5995430
161485093 32357770 12266893
14684817 28514388 5111243
53910867 7887102 6768976
73715233 67697996 11495528
134749344 70357126 18002199
128875157 32828947 16742335
29939743 8915338 7734007
40778903 26578704 3907852
47071845 10608781 5649080
7685406 8085565 1092203
15432908 8659242 1780327
9977426 44558653 3401788
163377943 88273371 000
7475670 47712 354282
28583815 698950 1551404
24336243 17636027 1253884
21725569 13251600 2876651
43479524 3410956 1521880
14983231 55929247 7907072
23059558 498016 1908815
8889794 750318 984503
PREPAID TOTAL
EXPENSE ASSETS
840650 1377001781
13229106 895202546
000 340482445
6806105 1437907009
000 128076553
66400 53712105
7575437 112597879
69100 93928999
4460200 142887612
000 75296625
8689831 111729731
5039180 317059977
6962588 58638573
29400 206139156
5176516 53486964
000 68566945
2128019 155036776
186484 223295153
5710997 184157436
566675 47155763
000 71265459
207900 63537606
000 16863174
000 25872477
42800 57980667
6439040 258090354
856739 8734403
000 30834169
487000 43713154
118200 37972020
12550 48424910
000 78819550
000 25466389
9152 10633767
000
000
3480469368 2852079917 452308773 75710069 6860568127
The notes to the financial statements are an integral part of this statementCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1987
ACCOUNTS
PAYABLE
LIABILITIES AND FUND EQUITY
LIABILITIES
ACCRUED
PAYROLL
DEFERRED
REVENUE
TOTAL
LIABILITIES
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
SURPLUS DUE TO
BOARD OF
REGENTS
TOTAL
FUND EQUITY
TOTAL
LIABILITIES AND
FUND EQUITY
673045385
364593989
269061537
730579006
182860332
21715004
000
151756633
450248408
421076953
58564695
386881984
1306154125
807385946
327626232
1269217623
55000000
85746089
4313907
145700000
15847656
2070511
8542306
22989386
70847656
87816600
12856213
168689386
1377001781
895202546
340482445
1437907009
81
153
529
544
680
452
545
1863
141
851
216
378
963
909
754
22474
90714
77087
78349
46749
57870
33710
78986
54820
14504
73190
68009
07590
20540
88869
000
000
000
000
10553
000
000
000
000
000
000
000
000
000
000
28111400
33844526
50685682
30286640
65894936
19809300
46591388
111701253
37678800
107488425
24961345
17563025
45942291
114145187
86104075
109933874
49235240
103662769
84764989
133952238
65067170
101125098
298080239
51833620
192602929
46634535
55431034
142249881
205065727
161592944
9000000
3800000
8710000
5600000
8100000
53861700
10000000
18450000
6000000
12514423
5150000
8552300
12500000
18000000
16728886
9142679
676865
225110
3564010
835374
43632245
604633
529738
804953
1021804
1702429
4583611
286895
229426
5835606
18142679
4476865
8935110
9164010
8935374
10229455
10604633
18979738
6804953
13536227
6852429
13135911
12786895
18229426
22564492
1280
537
1125
939
1428
752
1117
3170
586
2061
534
685
1550
2232
1841
76553
12105
97879
28999
87612
96625
29731
59977
38573
39156
86964
66945
36776
95153
57436
22550249
41419010
27198304
8078427
9372986
33291587
178542922
6173272
16472898
19924869
23593889
15716115
53169225
14789331
4062308
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
16769600
24548400
22388600
6915950
13756347
15622260
79129100
1616410
11768160
21176920
9549200
30054820
14039460
7632133
5169400
39319849
65967410
49586904
14994377
23129333
48913847
257672022
7789682
28241058
41101789
33143089
45770935
67208685
22421464
9231708
7666750
3907800
4600000
1500000
2100000
3386163
000
500000
1800000
1350000
2075000
2037515
8667452
2500000
1000000
169164
1390249
9350702
368797
643144
5680657
418332
444721
793111
1261365
2753931
616460
2943413
544925
402059
7835914
5298049
13950702
1868797
2743144
9066820
418332
944721
2593111
2611365
4828931
2653975
11610865
3044925
1402059
471
712
635
168
258
579
580
87
308
437
379
484
788
254
106
55763
65459
37606
63174
72477
80667
90354
34403
34169
13154
72020
24910
19550
66389
33767
000
000
000
000
000
3492048770
356342522 2417717073 6266108365
6860568127
147COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1987
GRADUATE INSTITUTIONS
Georgia Institute of Technology
Engineering Extension Division
Georgia Tech Research Institute
Medical College of Georgia
Eugene Talmadge Memorial Hospital
Joint Board of Family Practice
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
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
5002843 i 51679209 000 108 83168 57559534
115236439 105970671 000 42 14481 225421591
470345355 1003923069 207584057 000 1681852481
4816976 000 000 000 4816976
17574889 000 000 000 17574889
41121567 152052490 000 000 193174057
22140 32722 000 000 54862
27997977 36862940 000 000 64860917
3679914 000 000 000 3679914
6550062 1802582 000 000 8352644
13915376 000 000 000 13915376
6110583 7976846 000 000 14087429
Skidaway Institute of Oceanography
26779761
28736978
729148196
2314087648
The notes to the financial statements are an integral part of this statementCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1987
ACCOUNTS
PAYABLE
LIABILITIES
LIABILITIES AND FUND EQUITY
ACCRUED
PAYROLL
DEFERRED
REVENUE
TOTAL
LIABILITIES
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
SURPLUS DUE TO
BOARD OF
REGENTS
TOTAL
FUND EQUITY
TOTAL
LIABILITIES AND
FUND EQUITY
1 10368395 78238888 4056181 46833508 32397800 000 46822376 225072396 000 000 10737158 349195 10737158 349195 57559534 225421591
7 59583869 1772786 17566824 000 000 000 000 000 000 759583869 1772786 17566824 922268612 000 000 000 3044190 8065 922268612 3044190 8065 1681852481 4816976 17574889
1 56562917 31860956 000 188423873 32082 63173691 3576687 8009951 13702918 13646951 000 000 000 000 000 000 000 4750184 22780 4750184 22780 193174057 54862
000 32082 000 1687226 1687226 64860917
38786719 24386972 000 103227 103227 3679914
2588838 987849 000 342693 342693 8352644
7211910 798041 000 212458 212458 13915376
11409307 10695941 2293611 2951010 000 000 440478 440478 14087429
27752828
000
27752828
984150
984150
28736978
1222539222 114200210
32397800 S 1369137232 t 922268612 22681804 944950416 S 2314087648
149 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESTRICTED FUNDS
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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 ACCOUNTS TOTAL UNRESERVED
INVESTMENTS RECEIVABLE ASSETS FUND BALANCE
J 655978688 11 11026826 455048138 4 55048138
109482343 1 08160179 217642522 2 17642522
389218537 1 13686293 502904830 5 02904830
218172198 8 43441637 1061613835 10 61613835
37714147 45657819 7943672 7943672
1840548 8795110 10635658 10635658
8774547 3885613 12660160 12660160
2719319 3776319 6495638 6495638
11182072 3979547 15161619 15161619
77242837 1 15391592 38148755 38148755
5036054 15019107 9983053 9983053
22518722 41693169 19174447 19174447
33636326 6060305 39696631 39696631
5313624 2927330 8240954 8240954
4548600 1288965 5837565 5837565
5142801 2430691 7573492 7573492
4055299 15632639 19687938 19687938
9715217 17384022 7668805 7668805
1029948 6236665 5206717 5206717
3327053 5029719 1702666 1702666
3114145 5592 3119737 3119737
51578 913454 965032 965032
3473124 3649638 176514 176514
1876955 2049002 172047 172047
12125695 1000244 13125939 13125939
436426 1604856 1168430 1168430
1284428 000 1284428 1284428
11077917 11447433 369516 369516
328700 328700 000 000
2290402 000 2290402 2290402
5188 000 5188 5188
5022966 000 5022966 5022966
7069861 3133574 10203435 10203435
110699 4372332 4483031 4483031
21320795 26552305 5231510 5231510
25915407 2526560677 2500645270 2500645270
The notes
to the financial statements are an integral part of this statement
151COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
519334596 j 000 86885679 i 189145735 1275625 796641635
406360833 000 120923008 000 000 527283841
57080524 000 113843 35087800 000 92282167
894738555 000 60632970 328975849 3156800 1287504174
22241721 000 23620922 7472421 000 53335064
31005431 000 5806036 12244169 000 49055636
20010751 000 4207859 22706221 000 46924831
54619488 000 676291 6438898 000 61734677
58765583 000 3351473 27450919 000 89567975
14354080 000 22877798 17566459 609900 55408237
66466741 000 3558879 26090569 657000 96773189
294982072 000 20378093 58306852 000 373667017
24748257 000 837991 17602388 933200 44121836
42644359 000 3979859 42083634 000 88707852
138284796 000 1963136 21451737 265000 161964669
82303770 000 4607070 12475548 000 99386388
44218210 000 3450408 26887516 73826 74629960
23209362 157718616 723569 39905384 1183000 222739931
259914961 000 000 33830151 000 293745112
23881533 000 3199510 19598344 1017700 47697087
29772485 000 1646851 5058292 000 36477628
000 000 000 000 000 000
5783833 000 357671 3573930 000 9715434
11834567 000 1903673 7192622 000 20930862
17956674 000 1542322 9715175 000 29214171
3708011 000 7405673 35256011 29900 46399595
9817717 000 334607 3122276 000 13274600
24416534 000 1600 6174692 000 30592826
41332089 000 1000683 4986324 000 47319096
19090011 000 943666 6155777 000 26189454
27287576 000 785442 8944918 000 37017936
43724966 000 2556512 9610773 5000000 60892251
28584323 000 768885 6416576 000 35769784
5895706 000 481129 2096320 000 8473155
Skidaway Institute of Oceanography
266202
000
000
000
266696
The notes to the financial statements are an integral part of this statementCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1987
ACCOUNTS
PAYABLE
LIABILITIES
ACCRUED
PAYROLL
DEFERRED
REVENUE
LIABILITIES AND FUND EQUITY
TOTAL
LIABILITIES
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
TOTAL
FUND EQUITY
TOTAL
LIABILITIES AND
FUND EQUITY
65606928
11592752
3052677
54917069
6933279
70691
000
23822412
113905588
5095266
9640014
113920258
186445795
16758709
12692691
192659739
433089184
112781640
77120122
680787976
177106656
397743492
2469354
414056459
610195840
510525132
79589476
1094844435
796641635
527283841
92282167
1287504174
1289267
3723603
1808250
830632
270742
32700
713153
5913036
123810
270237
2212366
8000
1501518
6051858
662366
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
5309300
2139300
000
000
616800
5660200
9483191
61324985
4458300
000
15712607
7023700
9844950
50898706
42714150
6598567
5862903
1808250
830632
887542
5692900
10196344
67238021
4582110
270237
17924973
7031700
11346468
56950564
43376516
34225976
31957821
45116581
37919621
53426699
47281486
86576845
113884945
39539726
78842908
53536865
41972263
50529123
146029369
205752832
12510521
11234912
000
22984424
35253734
2433851
000
192544051
000
9594707
90502831
50382425
12754369
19759998
44615764
467
431
451
609
886
497
865
3064
395
884
1440
923
632
1657
2503
36497
92733
16581
04045
80433
15337
76845
28996
39726
37615
39696
54688
83492
89367
68596
53335064
49055636
46924831
61734677
89567975
55408237
96773189
373667017
44121836
88707852
161964669
99386388
74629960
222739931
293745112
2170473
1108296
000
50871
000
389506
544797
85803
324944
000
68952
205634
3216361
25000
114076
000
000
000
OOQ
000
000
000
000
000
000
000
000
000
000
000
12291808
124333
000
000
000
000
000
000
000
48500
1432200
000
6312944
3045628
000
14462281
1232629
000
50871
000
389506
544797
85803
324944
48500
1501152
205634
9529305
3070628
114076
33234806
30570686
000
8482535
20233579
20918742
45854798
5500170
23153150
30510218
12130986
26839969
41051316
22176478
6154057
000
4674313
000
1182028
697283
7905923
000
7688627
7114732
16760378
12557316
9972333
10311630
10522678
2205022
33234806
35244999
000
9664563
20930862
28824665
45854798
13188797
30267882
47270596
24688302
36812302
51362946
32699156
8359079
47697087
36477628
000
9715434
20930862
29214171
46399595
13274600
30592826
47319096
26189454
37017936
60892251
35769784
8473155
21114
000
000
21114
226522
19060
245582
266696
168906791
30826382 481002728 680735901 2697409994 S 1587558871 4284968865 4965704766
153 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
PUBLIC TRUST FUNDS LOAN FUNDS
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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 TOTAL RESERVED
INVESTMENTS INVESTMENTS ASSETS FUND BALANCE
61252628 484675431 5 45928059 545928059
37446182 254959845 2 92406027 292406027
33152939 585118790 6 18271729 618271729
236089266 950473083 11 86562349 1186562349
6545050 46325504 52870554 52870554
9363773 1846712 11210485 11210485
5313702 48669562 53983264 53983264
5097899 6431951 11529850 11529850
4650541 49817103 54467644 54467644
12260723 134766544 1 47027267 147027267
26349978 80316198 1 06666176 106666176
3937849 279782038 2 83719887 283719887
16218092 45621699 61839791 61839791
1161191 15043958 16205149 16205149
5459831 79238188 84698019 84698019
14351427 80907362 95258789 95258789
6009881 42122180 48132061 48132061
6666389 172941433 1 79607822 179607822
8059474 173972802 1 82032276 182032276
12801365 59500420 72301785 72301785
2045031 3843015 5888046 5888046
000 000 000 000
000 897241 897241 897241
3278144 1866237 5144381 5144381
000 000 000 000
5632088 13065589 18697677 18697677
100500 84200 184700 184700
50324 1985137 2035461 2035461
000 000 000 000
4311380 1418539 5729919 5729919
40078 1214040 1254118 1254118
4463617 13106051 17569668 17569668
7457124 104186926 1 11644050 111644050
114751 163553 278304 278304
000
000
539681217 3734361331
The notes to the financial statements are an integral part of this statement
154COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
PUBLIC TRUST FUNDS ENDOWMENT FUNDS
JUNE 30 1987
CASH AND
TEMPORARY
INVESTMENTS
INVESTMENTS
ACCOUNTS
RECEIVABLE
TOTAL
ASSETS
FUND EQUITY
RESERVED
FUND BALANCE
UNRESERVED
FUND BALANCE
TOTAL
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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
1391768773 1059191348
5773711 000
7217527 361258459
1058742126 786508421
000 000
12067143 000
4615111 101 55894
13142332 000
42045796 103 89614
12300214 312 55000
118667109 898 54773
11928732 000
15789 603 30156
45074823 23 03098
22227659 997 02060
3200000 000
11988724 000
38936581 463 80535
000 000
000 000
000 000
000 000
1115106 000
3454651 40 07809
000 000
000 000
1939602 000
2357411 000
1195610 000
000 000
000 000
2869782 000
16803066 000
5773268 000
000 2450960121 1954748159 496211962 2450960121
000 5773711 4459125 1314586 5773711
000 354040932 354040931 001 354040932
10681741 1855932288 1558364119 297568169 1855932288
000 000 000 000 000
000 12067143 12064253 2890 12067143
000 14771005 14771005 000 14771005
000 13142332 12735500 4 06832 13142332
000 52435410 52435410 000 52435410
000 43555214 43555214 000 43555214
000 208521882 208521882 000 208521882
000 11928732 11928732 000 11928732
000 60345945 35407282 249 38663 60345945
000 47377921 47377921 000 47377921
000 121929719 121929719 000 121929719
000 3200000 3200000 000 3200000
000 11988724 10292845 16 95879 11988724
000 85317116 72094295 132 22821 85317116
000 000 000 000 000
000 000 000 000 000
000 000 000 000 000
000 000 000 000 000
000 1115106 1000000 1 15106 1115106
000 7462460 5872579 15 89881 7462460
000 000 000 000 000
000 000 000 000 000
000 1939602 1834465 1 05137 1939602
000 2357411 2000000 3 57411 2357411
000 1195610 959750 2 35860 1195610
000 000 000 000 000
000 000 000 000 000
000 2869782 2734948 1 34834 2869782
000 16803066 12224313 45 78753 16803066
000 5773268 5071568 7 01700 5773268
000
000
000
2820785592 2561337167 10681741 5392804500 4549624015 843180485 5392804500
to the financial statements are an integral part of this statement
155 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1987
CASH AND
TEMPORARY
INVESTMENTS
INVESTMENTS
ACCOUNTS
RECEIVABLE
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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
185486726
16782023
126914124
218447776
250700
7447852
1400974
12499640
5469214
3331387
5971151
64571616
243132
6414897
3311280
548400
22909917
16394870
21184931
8542981
376335
1169682
659223
111305841
663888
315587670
7483205
12974783
2464043
2815017
17056664
6373655
8025168
942525
000
000
000
000
306966
000
000
000
000
000
000
000
000
000
000
000
000
000
000
34761338
18462443
215877299
41371732
000
8246400
16083500
000
000
7969578
000
934800
000
110000
000
000
168805940
000
000
000 2 94854
000 000
000 000
000 000
000 000
000 000
000 721 55155
000 000
000 000
000 000
000 000
000 000
000 63 73655
000 000
000 1 43116
Skidaway Institute of Oceanography
913467
000
000
The notes to the financial statements are an integral part of this statementCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1987
PREPAID
EXPENSE
TOTAL
ASSETS
LIABILITIES AND FUND EQUITY
TOTAL
LIABILITIES
ACCOUNTS
PAYABLE
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
SURPLUS DUE TO
BOARD OF
REGENTS
TOTAL
FUND EQUITY
TOTAL
LIABILITIES AND
FUND EQUITY
000
000
000
000
220248064
1680420
342791423
259819508
220248064
1680420
340388615
259242935
000
000
000
000
000
000
2402808
576573
000
000
2402808
576573
220248064
1680420
342791423
259819508
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
1057666
798548
14682526
12499640
5469214
4638191
5971151
65506416
243132
6524897
3311280
548400
191715857
16394870
21184931
250700
798548
14607565
10104900
4836596
4880057
4846400
65506416
225200
7057220
3200280
548400
191689866
16394870
21139231
806966
000
000
2850862
631600
000
000
000
000
000
000
000
000
000
000
000
000
74961
456122
1018
241866
1124751
000
17932
532323
111000
000
25991
000
45700
806966
000
74961
2394740
632618
241866
1124751
000
17932
532323
111000
000
25991
000
45700
1057666
798548
14682526
12499640
5469214
4638191
5971151
65506416
243132
6524897
3311280
548400
191715857
16394870
21184931
70777
000
0
0
0
0
0
0
0
00
00
00
00
00
00
00
000
000
000
000
000
000
8908612
376335
1169682
659223
111305841
663888
387742825
7483205
12974783
2464043
2815017
17056664
000
8025168
1085641
8908612 000 000 000 8908612
429368 000 53033 53033 376335
231300 000 938382 938382 1169682
294690 000 364533 364533 659223
5450534 1057 54820 100487 105855307 111305841
437800 000 226088 226088 663888
41856145 2328 86680 113000000 345886680 387742825
627332 68 55873 000 6855873 7483205
11276890 13 36022 361871 1697893 12974783
2462119 000 1924 1924 2464043
13494000 000 10678983 10678983 2815017
000 168 88651 168013 17056664 17056664
000 000 000 000 000
7860867 000 164301 164301 8025168
728700 000 356941 356941 1085641
000
913467
1083767
170300
170300
913467
7Q777 1738730528 1262788407 368011474 107930647 475942121 1738730528
157COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
INVESTMENT IN PLANT
JUNE 30 1987
BUILDINGS
IMPROVEMENTS
OTHER THAN
BUILDINGS
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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
1275204365 13703592849 1424822154
701124466 6669899462 199791256
401875728 10083691392 234783880
643563687 21164063827 1456014492
120946282 1612672125 234468717
25825382 1314905597 96372718
204761149 1436805127 113971429
48372616 1055009834 177479470
134953975 1641826644 108218990
64565139 2588521662 235327576
39449590 1888817852 154068078
17426541 3751881883 199693908
558000 1634005629 87329615
12747700 1314522024 68125137
29544049 1809192967 196078396
32597516 1952342988 417941305
80598473 1686149513 51709125
154184676 3085369844 219766952
45313713 3247794204 123292148
6744125 1443047575 287924815
98911273 678896325 13998448
136163571 677568290 62316789
9146856 364567861 44421317
105301636 677788092 55041779
7246530 675057592 115908894
287148700 4529129949 307585442
15285945 193577949 62580559
16949000 754600205 61579976
11199000 484087227 38011889
17850789 870603751 20374110
43970717 546507913 118858721
1840000 1114239810 96499901
17332148 1357193427 53726066
19799000 339029849 36476114
44946000 293486252 89495402
The notes to the financial statements are an integral part of this statement
7264055568
158 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
INVESTMENT IN PLANT
JUNE 30 1987
INVESTMENT IN PLANT FUND EQUITY
INVESTMENT
DUE TO CONSTRUCTION TOTAL IN GENERAL
EQUIPMENT OTHER FUNDS IN PROGRESS ASSETS FIXED ASSETS
14946103064 15028665 000 31334693767 31334693767
5246123418 000 000 12816938602 12816938602
7248847214 000 000 17969198214 17969198214
19848962530 66115204 6526688 43053016020 43053016020
520904906 000 000 2488992030 2488992030
674058605 000 000 2111162302 2111162302
898362944 000 000 2653900649 2653900649
380754090 000 000 1661616010 1661616010
852704050 000 000 2737703659 2737703659
635171136 000 000 3523585513 3523585513
578093180 000 000 2660428700 2660428700
2098124057 000 000 6067126389 6067126389
673501405 000 000 2395394649 2395394649
776774823 000 000 2172169684 2172169684
522785775 000 000 2557601187 2557601187
642787948 000 000 3045669757 3045669757
976598216 000 000 2795055327 2795055327
1064270830 000 000 4523592302 4523592302
1389616425 000 000 4806016490 4806016490
385645118 000 000 2123361633 2123361633
290555972 000 000 1082362018 1082362018
249299738 000 000 1125348388 1125348388
133337473 000 180918 551654425 551654425
203039303 000 000 1041170810 1041170810
324476270 000 000 1122689286 1122689286
1207877519 000 000 6331741610 6331741610
113193238 000 000 384637691 384637691
267325166 000 000 1100454347 1100454347
202276434 000 000 735574550 735574550
269923956 000 000 1178752606 1178752606
250450459 000 000 959787810 959787810
363535166 000 000 1576114877 1576114877
349316509 000 000 1777568150 1777568150
153354853 000 000 548659816 548659816
272597008 000 000 700524662 700524662
65010748798 81143869 6707606 173714263930 173714263930
159COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural College
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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 TOTAL
INVESTMENTS RECEIVABLE ASSETS
50688079 i 2629200 53317279
84408844 000 84408844
4188000 000 4188000
122456042 3033 122459075
9175317 7224719 1950598
5061103 33658 5094761
9374074 21175 9395249
5802742 29000 5831742
19166486 805850 19972336
1407777 3732602 2324825
9327568 17600 9345168
32889032 13391578 46280610
13943448 42000 13985448
35499692 27200 35526892
11226341 20900 11247241
20263616 173103 20090513
21517190 70200 21587390
19612606 000 19612606
23970088 000 23970088
4684749 431100 5115849
4333631 000 4333631
5284899 83360 5368259
539135 000 539135
4083422 000 4083422
898179 52000 950179
14261631 178422 14440053
562747 000 562747
1877380 4500 1881880
9626158 000 9626158
1234221 000 1234221
1195811 12600 1208411
1926552 108546 2035098
1124374 5600 1129974
956568 11000 967568
000
000
000
490874082 29108946 519983028
The notes to the financial statements are an integral part of this staCOMBINING BALANCE SHEET
BY UNTIS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1987
LIABILITIES AND FUND EQUITY
ACCOUNTS
PAYABLE
14302581
8969525
000
7133550
LIABILITIES
ACCRUED
PAYROLL
8223 15
0 00
0 00
0 00
DEFERRED
REVENUE
2137200
35742200
1470300
11397850
TOTAL
LIABILITIES
17262096
44711725
1470300
18531400
RESERVED
FUND BALANCE
5323960
000
000
000
FUND EQUITY
UNRESERVED
FUND BALANCE
TOTAL
FUND EQUITY
30731223
39697119
2717700
103927675
36055183
39697119
2717700
103927675
TOTAL
LIABILITIES AND
FUND EQUITY
53317279
84408844
4188000
122459075
1662612
787412
1601286
787088
985540
1006175
81088
6002882
000
2150018
2203125
000
75000
3218931
471494
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
4341800
7045720
3393600
1309000
8814100
2246400
1911900
27667746
4446000
13899200
2911020
3541000
5422200
14982100
12726300
6004412
7833132
4994886
2096088
9799640
3252575
1992988
33670628
4446000
16049218
5114145
3541000
5497200
18201031
13197794
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
7955010
2738371
4400363
3735654
10172696
927750
7352180
12609982
9539448
19477674
6133096
23631513
16090190
1411575
10772294
7955010
2738371
4400363
3735654
10172696
927750
7352180
12609982
9539448
19477674
6133096
23631513
16090190
1411575
10772294
1950598
5094761
9395249
5831742
19972336
2324825
9345168
46280610
13985448
35526892
11247241
20090513
21587390
19612606
23970088
370561
400600
1878168
210681
221899
000
606999
67500
66290
216004
000
1790
403150
000
736867
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
1575000
858200
933800
189290
1283400
300000
9804000
000
455100
5378443
834000
826800
723000
562800
220500
1945561
1258800
2811968
399971
1505299
300000
10410999
67500
521390
5594447
834000
828590
1126150
562800
957367
000 3170288
000 3074831
000 2556291
000 139164
000 2578123
000 650179
000 4029054
000 495247
000 1360490
000 4031711
000 400221
000 379821
000 908948
000 567174
000 10201
3170288
3074831
2556291
139164
2578123
650179
4029054
495247
1360490
4031711
400221
379821
908948
567174
10201
5115849
4333631
5368259
539135
4083422
950179
14440053
562747
1881880
9626158
1234221
1208411
2035098
1129974
967568
000
000
000
000
000
000
56618816
22315 189349969
246791100
5323960 267867968 273191928 519983028
161 30
fM
COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS PRIVATE TRUST
JUNE 30 1987
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
Clayton State College
Columbus College
Fort Valley State College
Georgia College
Georgia Southern College
Georgia Southwestern College
Kennesaw College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
JUNIOR COLLEGES
Abraham Baldwin Agricultural Colleg
Albany Junior College
Atlanta Junior College
Bainbridge Junior College
Brunswick Junior College
Dalton Junior College
DeKalb Community 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 ACCOUNTS TOTAL LIABILITIES FUND EQUITY RESERVED LIAB TOTAL
TEMPORARY ACCOUNTS ILITIES AND
INVESTMENTS RECEIVABLE ASSETS PAYABLE FUND BALANCE FUND EQUITY
189970467 i 000 189970467 140034313 49936154 1 89970467
295618372 2785 295621157 61084045 234537112 2 95621157
429040949 000 429040949 350876502 78164447 4 29040949
1053398063 18753 1053416816 849646331 203770485 10 53416816
2654779 11629 2666408 000 2666408 2666408
14703855 000 14703855 5826031 8877824 14703855
40231126 2716 40233842 2872598 37361244 40233842
4456538 000 4456538 2152386 2304152 4456538
5497872 878228 6376100 2681952 3694148 6376100
8539905 38692 8578597 5463374 3115223 8578597
17339186 000 17339186 10951367 6387819 17339186
39460036 000 39460036 21996197 17463839 39460036
884177 8900043 9784220 2646779 7137441 9784220
11056758 54835 11111593 6836310 4275283 11111593
17226433 000 17226433 4020626 13205807 17226433
48563294 000 48563294 4212483 44350811 48563294
9835246 000 9835246 2436208 7399038 9835246
4562760 15508524 20071284 8814068 11257216 20071284
22000209 000 22000209 7868092 14132117 22000209
13186980 000 13186980 1847045 11339935 13186980
8730299 3600 8733899 6572896 2161003 8733899
5263093 000 5263093 1626460 3636633 5263093
2714123 049 2714172 772556 1941616 2714172
4062975 143200 4206175 1270614 2935561 4206175
2219757 000 2219757 1851730 368027 2219757
22600112 16717033 39317145 24316995 15000150 39317145
1270087 000 1270087 816119 453968 1270087
5244277 000 5244277 1126127 4118150 5244277
3870561 5239 3875800 1921121 1954679 3875800
1541920 136 1542056 1416749 125307 1542056
7540850 000 7540850 3106569 4434281 7540850
8215830 3244109 11459939 2699735 8760204 11459939
6200351 125039 6325390 1702175 4623215 6325390
974706 000 974706 489939 484767 974706
000
000
2308675946 45654610 2354330556
12374064
The notes to the financial statements are an integral part of this statement
162 r
UNIVERSITY OF GEOHGIA LIBRARIES
3 BIDS D53S7 37fil