lIO
REPORT
or THE
STATE AUDITOR
or
GEORGIA

YEAR ENDED JUNE 80
1990
REPORT
or THE
STATE AUDITOR
or
GEORGIA
YEAR ENDED JUNE 30
1990

GW HOGAN
STATE AUDITOR
4046562174
TAX RATIO
404 6560494
Jpeyrarhttent of JVuMts
254 WASHINGTON STREET SW
ROOM 214
Atlanta Gieorgta 303348400
December 31 1990
PERFORMANCE MEDICAID AND
LOCAL GOVERNMENT AUDITS
404 6562006
FINANCIAL AUDITS
4046562180
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 1990
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
SECTION I Page
COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 4
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 8
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 14
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 18
COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 22
NOTES TO THE FINANCIAL STATEMENTS 26
FINDINGS AND IMPROPER OR QUESTIONED COSTS 32
STATE REVENUE RECEIPTS
Summary of State Revenue Receipts 42
Detail of State Revenue Receipts by Class 43
STATISTICS
State Revenue Receipts 51
Distribution of Revenue Receipts by Purpose 52
Distribution of Revenue Receipts by Object 54
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
Balance Sheet Governmental Fund Type 56
Statement of Changes in Fund Balance Governmental Fund Type 57
Statement of Funds Available and Expenditures General Fund 59
Analysis of Appropriation Allotments 60
BALANCE SHEET BUDGET FUND ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 65
COMBINING BALANCE SHEET BUDGET FUND BY STATE UNITS 68
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUND ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 72
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES BUDGET FUND BY STATE UNITS 76
STATE REVENUE COLLECTIONS FUND
Combining Statement of Cash Receipts and Disbursements by State Units 90
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
Combined Balance Sheet Fund Type and Account Group 95
Statement of Cash Receipts and Disbursements Debt Service Fund 96
OLD STATE FIXED DEBT 101
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 105
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 109
GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
Combined Balance Sheet Fund Type and Account Group 113
Statement of Cash Receipts and Disbursements Capital Projects Fund 114
PUBLIC TRUST FUNDS
Combining Balance Sheet by State Units 118
PRIVATE TRUST AND AGENCY FUNDS
Combining Balance Sheet by State Units 122
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED BALANCE SHEET OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA 128
COMBINED STATEMENT OF REVENUES AND EXPENDITURES OF ALL UNITS OF THE
UNIVERSITY SYSTEM OF GEORGIA CURRENT FUNDS AND UNEXPENDED PLANT FUND 132
TABLE OF CONTENTS
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE 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
Loan Funds
Endowment Funds
Unexpended Plant Fund
Investment in Plant
Agency Funds Student Activities
Agency Funds Private TrustCOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990
GOVERNMENTAL FUND TYPES
REVENUE DEBT
COLLECTIONS SERVICE
CAPITAL
OUTLAY
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expenditures
Property Bonds
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
118688586795
1837147276
8456140969
105580270565
4047903919
115085945094
86192110
148526846
5529527780
61305243550
Total Assets
120525734071 233256452657
148526846
5529527780 61305243550
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Due to Other Funds
Payroll Withholdings
Deferred Revenue
Contractors Retainage Escrow Deposits
State Bonds and Certificates of 1838
1879 and 1940
Funds Held for Others
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
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 Appropriation
Designated for Subsequent Years
Expenditures
Surplus
Total Fund Equity
114985994609
26825522178
89520946164
11024517397
61202695
1837147276
1009465705
503662154
3002186488
114985994609 133784650057
23422515
5516316947
000
99471802600
000
511042589
1560500
1560500 511042589
148526846
5527967280
60794200961
5539739462 99471802600
148526846
5527967280 60794200961
Total Liabilities and Fund Equity 120525734071 233256452657 148526846 5529527780 61305243550
The notes to the financial statements are an integral part of this statementCOMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990
FIDUCIARY FUND TYPES
PUBLIC
TRUST
PRIVATE TRUST
AND AGENCY
ACCOUNT GROUPS
GENERAL
FIXED
ASSETS
GENERAL
LONGTERM
DEBT
UNITS OF THE
UNIVERSITY
SYSTEM
OF GEORGIA
TOTALS
Memorandum Only
1989
124046556748
1237344275389
38691636198
143559518080
8294630217
37454010
157852
3386100
456172118552
5527967280
196847532720
13505958783
371265881
1590336600
000
16790482937 417219340155 369859462696
5693192493 1312637341649 1149903993837
13091227169
2120090411
133813680
217443079570
5930471818
1113246112
157400587942
6167994330
116923092370
220163642
3386100
673615198122
5527967280
196847532720
19436430601
1484511993
1590336600
000
159412886567
5158440272
89257303387
197297006
000
557182840105
1652203730
200144296270
17959302216
1636396622
1739920811
2233973100
1400082468335 151895146259 456172118552 217843061264 262315604190 2909073883504 2556338316619
350430857
28095030
151867051229
202375500000
13505958783
371265881
1590336600
000
10007918394
384943650
99950485
4058696904
1380263699
5930471818
1113246112
511042589
37183871429
89549041194
11024517397
446146345
116923092370
1009465705
4562359058
3002186488
1560500
153247314928
202375500000
19436430601
1484511993
1590336600
000
460357182
34631580310
86477268857
4934605725
471315741
89257303387
794431074
4086218878
3792259158
1560500
112081521477
201796500000
17959302216
1636396622
1739920811
2233973100
350430857 151895146259
217843061264 22975491062 642347377197 562354515038
456172118552
217443079570 673615198122 557182840105
374434698
23422515
5516316947
000
99471802600
148526846
5527967280
61168635659
000
6467686421
19403059262
93706034214
328008574
1652203730
67517005726
1399732037478
4649199819
10052785363
42563198
6778050480
4649199819
1409784822841
42563198
000
6778050480
000
4377758059
12199 86371544
862003532
9100000000
5587786599
7813043815
1399732037478
000 456172118552
239340113128 2266726506307 1993983801581
1400082468335 S 151895146259 456172118552 217843061264 262315604190 2909073883504 2556338316619
5 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
YEAR ENDED JUNE 30 1990
7 H
COMBINED 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 1990
FUND BALANCES JULY 1
Reserved
Unreserved
Designated for Appropriation
Designated for Subsequent Years Expenditures
Surplus
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
25870745683 93706034214
9100000000
7813043815
42783789498 93706034214
1837147276
3702592186
99950485
12647606421
88901153240
5539739462 101648710146
1837147276
2394587807
42783789498 91651206677
42783789498 95882941760
FUND BALANCES JUNE 30
5539739462 99471802600
The notes to the financial statements are an integral part of this statement
8 COMBINED 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 1990
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
UNITS OF THE
UNIVERSITY SYSTEM
OF GEORGIA
1990
TOTALS
Memorandum Only
1989
328008574
328008574
1652203730 67130359483
1652203730 67130359483
4764404302 193451755986 232321636401
4125449802
9100000000
4125449802
7813043815
000
4100823272
8528282180
8889854104 214490249603 j 244950741853
148526846
148526846
5527967280
5527967280
60794200961
60794200961
379693225
959102733
1837147276
99950485
13027299646
160033543246
2245870744
105958880
8123767554
197003468194
1338795958 174997940653 207479065372
328008574
328008574
1652203730
1652203730
67130359483
67130359483

1837147276
99950485
2394587807
203545567962
2245870744
105958880
99950485
1534122797
234053605201
99950485 207877253530 237939557622
148526846
5527967280 60794200961 10128699577 181610936726 214490249603
9 SECTION II
REPORT OF THE STATE AUDITOR OF GEORGIA
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 1990
13 COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990
GOVERNMENTAL FUND TYPES
STATE
REVENUE DEBT
COLLECTIONS SERVICE
ASSETS
Cash and Temporary Investments
Investments at Cost
Accounts Receivable
Inventories
Due from Other Funds
Prepaid Expenditures
Property Bonds
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
118688586795
1737196791
8456140969
105580270565
4047903919
114985994609
86192110
148526846
5529527780
Total Assets
120425783586 233156502172
148526846 5529527780
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Due to Other Funds
Payroll Withholdings
Deferred Revenue
Contractors Retainage Escrow Deposits
State Bonds and Certificates of 1838 1879 and 1940
Funds Held for Others
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
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
Designated
Surplus
Total Fund Equity
114985994609
26825522178
89520946164
11024517397
61202695
1737196791
1009465705
503662154
3002186488
114985994609 133684699572
23422515
5416366462
000
99471802600
000
000
1560500
1560500
148526846
5527967280
5439788977 99471802600
148526846 5527967280
Total Liabilities and Fund Equity
120425783586 233156502172
148526846 5529527780
The notes to the financial statements are an integral part of this statement
14COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990
ACCOUNT GROUPS
FIDUCIARY FUND TYPES GENERAL FIXED ASSETS GENERAL LONGTERM DEBT TOTAI Memorandi S
CAPITAL PUBLIC PRIVATE TRUST AND AGENCY m Only
OUTLAY TRUST 1990 1989
124046556748 143559518080 400428857218 354817028536
61305243550 1237344275389 8294630217 1306944149156 1145570081473
38691636198 37454010 144309360773 4047903919 116723191400 146689106810 3011651751 89045385627
157852 86349962 70357212
3386100 3386100 000
456172118552
5527967280
456172118552
5527967280
352129554153
1652203730
196847532720
13505958783
371265881
1590336600
000
196847532720
13505958783
371265881
1590336600
000
200144296270
12525734505
84699791
1739920811
2233973100
61305243550 1400082468335 151895146259 456172118552 217843061264 2646558378344 2309713993769
511042589
350430857
28095030
151867051229
511042589
350430857 151895146259
1 1 511042589 27175953035 89549041194 11024517397 61202695 16723191400 1009465705 503662154 3002186488 1560500 51867051229 460357182 25226426866 86477268857 4934605725 57447443 89045385627 794431074 412620103 3792259158 1560500 112081521477
2023 755 000 00 2 02375500000 201796500000
135 059 587 83 13505958783 12525734505
3 712 658 81 371265881 84699791
15 903 366 00 1590336600 1739920811
0 00 000 2233973100
2178 430 612 64 6 19271935650 541664712219
456172118552
456172118552 352129554153
60794200961
1399732037478
000
60794200961 1399732037478
000 456172118552
234 22515 000
54 163 66462 000 6467686421 19403059262
994 718 02600 93706034214
1 485 26846 328008574
55 279 67280 1652203730
607 942 00961 67130359483
13 997 320 37478 000 000 000 12 10414352708 10938070 9100000000 7707084935
20 272 864 42694 S 17 68049281550
61305243550 1400082468335 151895146259 456172118552 217843061264 2646558378344 2309713993769ifflir COMBINED 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 1990FUND BALANCES JULY 1
Reserved
Unreserved
Designated for Appropriation
Surplus
COMBINED STATEMENT OF CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1990
25870745683 93706034214
9100000000
7707084935
42677830618 93706034214
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
1737196791
12647606421
3702592186 88901153240
5439788977 101548759661
1737196791
2394587807
42677830618 91651206677
42677830618 95782991275
FUND BALANCES JUNE 30
5439788977 99471802600
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 EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1990
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
1990
TOTALS
Memorandum Only
328008574
328008574
1652203730 67130359483 188687351684 227281556361
9100000000
7707084935
000
8418603006
1652203730 67130359483 205494436619 235700159367
S148526846
148526846
5527967280 60794200961
1737196791
12647606421
159074440513
2139911864
8644642165
196627683911
5527967280 60794200961 173459243725 207412237940
328008574
328008574
1652203730 67130359483
1737196791 2139911864
2394587807 1534122797
203439609082 233943926027
1652203730 67130359483 207571393680 2376179606E
148526846
5527967280 S 60794200961 171382286664 205494436619COMBINED 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 1990
21COMBINED 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 1990
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
1662119
9239382590
250861245974
86823328
1601905609
824284256
100762497692
1662119 363376139449
Current
Personal Services
Regular Operating Expenses
Benefits
Grants
Other
Travel
Motor Vehicle Purchases
Equipment
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
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
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
Total Other Financing Sources Uses
000 178027665176
1902392
4443831
779945
22848
16732
55765
112634
42359
73353
720891
915728
6261
399673
63124
28995
69125
11231
17342
93611
28860
00221
36362
12780
22740
31619
13300
000 1127269294486
1662119 763893155037
42677830618 91651206677
2394587807
761005101600 761005101600
719633613242
138000000
3700930067 852794308277
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
3702592186 88901153240
The notes to the financial statements are an integral part of this statementCOMBINED 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 1990
STATE
REVENUE DEBT
COLLECTIONS SERVICE
CAPITAL
PROJECTS
TOTALS
Memorandum Only
696665136606
555714363
9703362215
12529918330
124845512
4266782667
10676673351
705904519196
250862908093
86823328
555714363
15696896003
824284256
123969089373
631175501246
236760162793
151550987
542118372
17318623806
795721087
97415155395
719454131514
124845512 14943456018 1097900234612 984158833686
178027665176 162215132848
000
719454131514
190239263124 165831671760
444383128995 389133294388
382 742 70 78032843395 2284811231 1673217342 5576593611 11263428860 4235900221 7335336362 72288417225 2170258017 1481025477 4305991433 8956820451 3910389495 6394143122
8 620 404 36 72951153216 59748566769
431 354 491 60 134708271900 626131619 114875673655 487884130
399 673 133 00 000 000
261 210 000 00 26121000000 27942000000
137 385 077 497 635 50 50 13738549750 1171197294802 14305379875
1 440 357 638 66 1034046648645
2 326 090 62 290 923 078 48 73297060190 49887814959
328008574
719633613242
719305604668
1652203730 67130359483
26700000000
000
154000000
364315448
3781154488
8696186
203439609082
2394587807
000
000
26700000000
000
154000000
3781154488
3781154488
8696186
233943926027
1534122797
000
000
11017500000
154000000
000
5122615058
5122615058
134049954
Lj
il2
5295358218 89886508809 232371500703 246515498870
148526846
5527967280 60794200961 159074440513 196627683911
23 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTSALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUNDS AND ACCOUNT GROUPS INCLUDED IN FINANCIAL STATEMENTS
The accounts of the State of Georgia are organized on the basis of funds and account groups each of which is considered a separate accounting
entity The operations of each fund are accounted for with a separate set of selfbalancing accounts that comprise its assets liabilities
fund equity revenues and expenditures or expenses as appropriate Resources are allocated to and accounted for in individual funds based
both upon the source of the resources and upon the purposes for which they are to be spent
The accompanying financial statements account for all State Federal and other sources of revenue under the control of the State of Georgia and
were prepared in conformity with the accounting practices prescribed or permitted by statutes and regulations of the State of Georgia which is
a comprehensive basis of accounting other than generally accepted accounting principles Funds and account groups presented in this report are
as follows
GOVERNMENTAL FUND TYPES
GENERAL FUND This fund is used to account for all State revenue collections remitted to the Department of Administrative Services Fiscal
Division and the interest received revenue funds paid out and transfers to the various State agencies for operational costs in the fiscal
year
BUDGET FUND This fund is a consolidation of the Budget Funds of the various units of State government These funds account for the
operations and activities of the various State agencies boards and commissions under the terms of Act No 720 of Georgia Laws 1990 as
approved February 16 1990 which is referred to in this report as the Amended Appropriations Act of 19891990
STATE REVENUE COLLECTIONS FUND This fund is a consolidation of the State Revenue Collections Funds of the various collecting units of
State government These funds account for the collection of various taxes fines and forfeits fees rents interest earned and sales or
services as required by State law Revenues collected by the various collecting units are remitted to the General Fund Unremitted funds
on hand at the various collecting units at the end of the fiscal year will be remitted in the subsequent year
DEBT SERVICE FUND This fund is used to account for the accumulation of resources and subsequent disbursement of such resources to pay
principal and interest on the longterm debt of the State resulting from the issuance of general obligation bonds Longterm debt of the
State resulting from the issuance of various authority bonds is funded through lease agreements between various governmental agencies and
the various authorities and the accountability of the resources and the payment of principal and interest of this debt are with the various
issuing authorities
CAPITAL PROJECTS FUND This fund is used to account for the accumulation of resources and the subsequent disbursement of such resources for
capital outlay projects by the Georgia State Financing and Investment Commission
FIDUCIARY FUND TYPES
PUBLIC TRUST FUNDS These funds are used to account for activities in which the State acts as a trustee for an individual an organization
or employee groups The costs of administering certain trust funds are funded from available resources through transfers to the Budget Fund
of the spending unit administering the trust
PRIVATE TRUST AND AGENCY FUNDS These funds are used to account for activities in which the State acts as an agent for various governmental
agencies and organizations
ACCOUNT GROUPS
GENERAL FIXED ASSETS The account group used to account for fixed assets of the State and used in governmental fund type operations Fixed
assets purchased are recorded as expenditures in the Budget Fund at the time of purchase Donated fixed assets are recorded at fair market
value on the date donated and disposals are deleted at recorded cost No depreciation has been provided on general fixed assets
GENERAL LONGTERM DEBT The account group used to report the summary of the bonded indebtedness of the State from the sale of general
obligation bonds and to report the noncurrent portions of certain governmental longterm liabilities such as claims judgments compensated
absences and leasepurchase agreements payable from future resources This method of recording the noncurrent portion of certain longterm
liabilities is in accordance with generally accepted accounting principles
BASIS OF ACCOUNTING
The State of Georgia maintains the General Fund the Budget Fund and the Public Trust Funds in accordance with a comprehensive basis of
accounting called the Modified Accrual Basis This basis of accounting is defined as that method of accounting in which expenditures other
than accrued interest of general longterm debt are recorded at the time liabilities are incurred and revenues are recorded when received in
cash except for material or available revenues which should be accrued to reflect properly the taxes levied and the revenues earned
Contractual obligations for services which have not been performed and for goods which have not been delivered at the end of the fiscal year are
recognized as expenditures and liabilities in the accompanying financial statements The recognition of encumbrances of this nature as
expenditures and liabilities is in accordance with Georgia Law and provisions of State budgetary policy but is not consistent with generally
accepted accounting principles which provide for the recording of encumbrances as a reservation of fund balance
The State Revenue Collections Fund the Debt Service Fund the Capital Projects Fund and the Private Trust and Agency Funds are maintained on
the Cash Receipts and Disbursements basis of accounting This basis of accounting is defined as that method of accounting in which certain
revenue and the related assets are recognized when received rather than when earned and certain expenses are recognized when paid rather than
when the obligation is incurred
BUDGET
Appropriation allotments to the various State agencies are on the basis of budgets submitted by the State agencies and approved by the
Legislature and the Governor The budgets are compiled in the same manner by all State agencies and expenditures are classified by budget unit
object classes as provided in Act No 720 of Georgia Laws 1990 as approved February 16 1990 which is referred to in this report as the Amended
Appropriations Act of 19891990
NOTE 2 RESERVED FUND BALANCES
DESIGNATED FOR APPROPRIATION TO DEPARTMENT OF TRANSPORTATION
A reserve fund balance for 1991 appropriation of 23422515 was determined by comparing the net Motor Fuel Tax collections of 48823422515
for the year ended June 30 1990 to the estimated Motor Fuel Tax collections budgeted of 48800000000 for the fiscal year ending June 30
1991 as provided by Article III Section IX Paragraph VI of the Constitution of the State of Georgia
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 1990 the reserved fund balance for Midyear
Adjustment Reserve was 5416366462ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 2 RESERVED FUND BALANCES
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 1990 the reserved fund balance for Revenue Shortfall Reserve was 000
NOTE 3 RECLASSIFICATION OF REVENUES AND TRANSFERS
Revenue from the Budget Fund shown onthe 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 Amendment which permits
the State of Georgia to finance its needs through the issuance of general obligation debt Prior to the adoption of the Amendment the capital
outlay needs of the State of Georgia were met through the issuance of bonds by ten separate authorities and secured by lease rental agreements
between the authorities and various State of Georgia entities The provisions of the Amendment were implemented in 1973 with the enactment of
the Georgia State Financing and Investment Commission 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 vs State of Georgia In November 1982 the
voters of the State of Georgia ratified a new State Constitution which became effective July 1 1983 The Constitution of 1983 continues the
Amendment in full force and effect
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 Commission 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 unused 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 co thirty days of annual leave and provides for payment for unused accumulated leave upon retirement or termination of employment
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 1990 follows
General
Obligation Bonds
Compensated
Absences
LeasePurchases
Penalties and Quality Control
Assessments Sanctions
Balance July 1 1989
Additions
Retroactive Restatement of
Prior Year Balance Payable
Annual Leave Earned and
Utilized Net
Bonds Issued
LeasePurchases
Penalties and Assessments
Quality Control Sanctions
201796500000 12525734505
26700000000
980224278
84699791 1739920811 2233973100
10185195
317515861
86607100
Deductions
Retirements
Penalties and Assessments
Withdrawn
Quality Control Sanctions Waived
Reserves for Refunds to be Made
in the Subsequent Fiscal Year
Balance June 30 1990
26121000000
41134966
73080711
163110600
2233973100
202375500000 13505958783 371265881 1590336600 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 5 GENERAL LONGTERM DEBT
CHANGES IN GENERAL LONGTERM DEBT
In the year under review the Georgia State Financing and Investment Commission redeemed the following bonds in advance of due date
Principal Amount
Bond Series
1974A
1974B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1977A
1977C
1977D
1980A
1986A
1986B
1986C
1987A
1987B
1987D
1987E
1988A
1988B
1988D
1989A
1989B
1990A
The liability for compensated absences
NOTE 6 PRIOR YEAR DEFEASANCE OF DEBT
Maturing Maturing
Fiscal Year Subsequent
1990 Fiscal Years 1 1000000 Total
1000000
21000000 21000000
139500000 139500000
1000000 1000000
4500000 4500000
50000000 50000000
11500000 11500000
186500000 186500000
87500000 87500000
11500000 11500000
152500000 152500000
211500000 211500000
55000000 55000000
10000000 45000000 55000000
196500000 196500000
25000000 25000000
57500000 345500000 403000000
848000000 848000000
352500000 352500000
50000000 50000000
388000000 388000000
6500000 6500000
10000000 10000000
261500000 261500000
144500000 144500000
94500000 3700500000 5 94500000
67500000 i 3768000000
at June 30 1990 has been adjusted to reflect current salary and wage costs
In prior years the State of Georgia defeased certain general obligation bonds by placing the proceeds of 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 1990 35632500000 of
bonds outstanding are 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 commissions 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 employees who were 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
66000 members of which approximately 30000 remain under the old benefits plan At June 30 1990 the contribution of members remaining under
the old benefits plan was computed at 3 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 1391 of annual salary At June 30 1990 there were approximately 36000 members of the new
benefits plan and their contribution to the Retirement System was computed at 1 14 of annual salary The employers contribution for members
of the new benefits plan was 1891 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 220 active members who contribute 9 of their salaries of which 4 34 less 700 monthly is contributed by the State on behalf of each
member and the member pays the remainder The employers contribution is currently 5077 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 160000 members of which approximately 140000 are active and
contribute 6 of their salaries The employer currently contributes 1363 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 27000 active members who
contribute 400 each per month for nine months of the year In the current year the State contributed 1362400000 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 141 members who contribute 7 12 of salary if they do not choose survivors benefits those members choosing survivors benefits contribute
10 of salary The State contributes 9 of salary This Retirement Fund is a money purchase plan and no actuarial valuation has been prepared
for the Fund r
28ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 7 RETIREMENT SYSTEMS
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 134 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 the surviving spouse to benefit coverage for life or until remarriage or they may
contribute an additional 2 34 which will entitle the surviving spouse to 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 pays the remainder The employers contribution is currently 17 of
State salaries paid The consulting actuary is The Wyatt Company Atlanta Georgia
DISTRICT ATTORNEYS RETIREMENT SYSTEM
This Retirement System was established in 1978 for District Attorneys District Attorneys who were members of the Trial Judges and Solicitors
Retirement Fund on the date this Retirement System was established were given the option to remain in that 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
41 active members who contribute 7 12 of State salary if they do not choose surviving spouse benefits If they elect spouses benefit
coverage they may contribute an additional 2 12 which will entitle the surviving spouse to benefit coverage for life or until remarriage
The State contributes 5 less 700 monthly on behalf of each member and the member pays the remainder The employers contribution is
currently 5 of salaries paid The consulting actuary is The Wyatt Company Atlanta Georgia
NOTE 8 OTHER FINANCIAL NOTES
TECHNICAL AND ADULT EDUCATION DEPARTMENT OF
The Department of Technical and Adult Education is reflected as a component unit of the State of Georgia in the combining financial statements
presented in this report The Department is comprised of an administrative central office located in Atlanta and twentyseven 27 area schools
located throughout the State Separate audits have been performed on each of the twentyseven area schools and a report will be issued on each
of these component units of the Board For reporting purposes the financial statements of the area schools have been consolidated with the
audited financial statements of the administrative central office and the consolidated statements are reflected in this report The Special
Revenue Funds maintained by the various area schools are reported as Budget Funds on the Balance Sheet of the Department of Technical and Adult
Education through an adjustment to fund balanceALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
FINDINGS AND IMPROPER OR QUESTIONED COSTSALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
BUDGETED OBJECT CLASSES OVER EXPENDED
The following State agencies over expended amounts budgeted in the object classes indicated below by the amounts shown and are in violation of
Section 72 of the Amended Appropriations Act of 19891990
Agriculture Department of
Per Diem Fees and Contracts
Corrections Department of
Per Diem Fees and Contracts
Defense Department of
Grants to Locals Emergency Management Assistance
Disaster Relief Payments
Regents of the University System of Georgia Board of
A Resident Instruction
Forestry Research
B Regents Central Office and Other Organized Activities
Capital Outlay
Agricultural Research
Medical Scholarships
Student Finance Commission Georgia
Telecommunications
NONCOMPLIANCE WITH PAYROLL REGULATIONS AND SALARY OVERPAYMENTS
265267
41312850
222295
529943836
41578117
1281223
104548
1249937
8288813
2635708

10924521
1116276
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
Investigation Georgia Bureau of
Judicial System
Superior Courts Miscalculations of Terminal Pay and Leave
Natural Resources Department of
Public Safety Department of
Secretary of State
Workers Compensation State Board of
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
Procedures performed during the audits of State agencies disclosed certain instances of inadequate inventory records and deficiencies in the
internal control structure relative to equipment inventories Equipment inventory records maintained by State agencies are used as the basis
for financial statement presentation of the General Fixed Assets Account Group Inadequate inventory records or deficiencies in the internal
control structure relative to equipment inventories existed in the following State agencies
35983
463409
25493
7027993
58305
32546
5011
250933
14573
16923
Administrative Services Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Governor Office of the
Human Resources Department of
Industry Trade and Tourism Department of
Judicial System
Supreme Court
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
Medical Assistance Department of
Pardons and Paroles State Board of
Public Safety Department of
Public Service Commission
Revenue Department of
Secretary of State
Technical and Adult Education Department of
Transportation Department of
Veterans Service State Department of
Workers Compensation State Board of
Audits conducted in accordance with the Single Audit Act of 1984 and OMB Circular A128 identified instances of noncompliance and deficiencies
in the internal control structure relative to the administration of Federal financial assistance programs These findings covered a wide range
of categories including cash management property management financial reporting allowable costs eligibility determinations matching
requirements monitoring efforts audit resolution and certain national policy issues Findings applicable to these instances of noncompliance
and deficiencies in administrative and accounting controls relative to Federal financial assistance are disclosed in the individual audit
reports of the following State agencies
32ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 199Q
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
Agriculture Department of
Community Affairs Department of
Corrections Department of
Education Department of
Governor Office of the
Human Resources Department of
Investigation Georgia Bureau of
Labor Department of
Medical Assistance Department of
Natural Resources Department of
Public Safety Department of
Public Telecommunications Commission Georgia
Revenue Department of
Secretary of State
Soil and Water Conservation Commission State
Technical and Adult Education Department of
Veterans Service State Department of
Testing of compliance with applicable laws and regulations and review of the internal control systems utilized in the administration of Federal
financial assistance programs for the Department of Administrative Services and the Department of Transportation had not been completed as of
the date of this report Noted instances of noncompliance and deficiencies in internal controls will be addressed in separate reports upon
completion of these audits
INDIVIDUAL AUDIT REPORTS
The Findings and Improper or Questioned Costs Section of the individual audit reports details other unusual situations deficiencies of other
problems relative to the financial operations of each State agency The following comments disclose the significant findings reflected in the
individual audit reports
BOXING COMMISSION STATE
CASH AND CASH EQUIVALENTS
Deficiencies in Cash Receipts Procedures
During the year under review deficiencies existed in the procedures for handling cash receipts as follows
1 Prenumbered receipts were not prepared for all cash received Consequently the total of the receipts issued did not reconcile to the
cash receipts journal as prepared by the Revenue Collections Section
2 Certain checks received as promoters cash performance bonds were held until after the boxing event had occurred These checks were
never recorded in the Commissions records nor deposited in the bank account
3 Certain checks received as promoters cash performance bonds were not deposited nor recorded on a timely basis resulting in Commission
refunds of the bonds being issued to the promoter prior to the depositorys collection of the promoters check
4 Various bond and fee monies were not received by the Commission office until after the corresponding boxing event had occurred
Appropriate action should be taken to ensure that adequate controls are established and followed for accurate accounting and reporting for cash
receipts
EDUCATION DEPARTMENT OF
STATUSRESOLUTION OF FINDING
RevenueReceivablesReceipts
Revenue Collections Not Transferred on a Timely Basis
The audit report for the year ended June 30 1989 noted that the monthly receipts for the State Revenue Collections Fund of the Georgia
Department of Education were not transferred to the Department of Administrative Services Fiscal Division on a timely basis In the year under
review the Georgia Department of Education implemented controls to ensure that receipts for the State Revenue Collections Fund were transferred
on a timely basis
CASH AND CASH EQUIVALENTS
Private Trust and Agency Funds
The audit report for the year ended June 30 1989 noted several deficiencies concerning Private Trust and Agency Funds cash accounts These
deficiencies and the current year status of these deficiencies are listed below
1 The Department of Education issued checks from its Private Trust and Agency Funds bank account that lacked both preprinted consecutive
numbering and preprinted account name During the year under review this practice was discontinued
2 Checks were made payable to cash During the year under review this practice was discontinued
3 Certain expenditures were not directly related to the intent of the fund A review of expenditures for the current year revealed no
instances of expenditures that were not directly related to the intent of the fund
4 A certificate of deposit purchased from the Vocational Education Regular Agent Account was recorded as an expenditure In fiscal
year 1990 this practice was discontinued
5 Several accounts were not recorded on the Agencys accounting records In the year under review one account was not recorded on the
Agencys accounting records Steps should be taken to ensure that all accounts in the Departments name are included in the
accounting records
6 Voided checks were not properly mutilated In the year under review this deficiency was not corrected Voided checks should be
appropriately defaced to properly safeguard funds
7 Certain expenditures were not supported by adequate documentation In the year under review this deficiency was not corrected All
expenditures should be supported by adequate documentation to support proper disbursement and accounting of fundsALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
EDUCATION DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Private Trust and Agency Funds
8 In some instances checks were made payable to signed and endorsed by the custodian of the account In the year under review this
practice continued Checks made payable to a custodian who also signs and endorses the checks may allow cash defalcations to occur
and go undetected Steps should be taken to prevent this practice
9 Certificates of deposit purchased and redeemed from the Student Activities Account at the Georgia Academy for the Blind were recorded
as expenditures and revenues In fiscal year 1990 this practice continued Steps should be taken to ensure that all cash
transactions and balances are properly recorded
GOVERNOR OFFICE OF THE
STATUSRESOLUTION OF FINDING
Accounting Controls Overall
Department Trial Balance
The audit report for the year ended June 30 1989 called attention to a deficiency in the Department Trial Balance FACS Report No 2410 which
is the Fiscal Accounting and Control System FACS report that identifies expenditures by object class That report did not include certain
object classes as was described in the Amended Appropriations Act of 19881989
In the year under review the Office of the Governor implemented changes to its coding structure within the Fiscal Accounting and Control System
that ensure object classes are properly segregated and identified
GENERAL LEDGER
Inadequate Identification of Program Expenditures by Fund SourceProject
The audit report for the year ended June 30 1989 noted that the Office of the Governor did not provide for adequate segregation of
expenditures for direct grants from the U S Department of Energy and Petroleum Violation Escrow funds
The Fund Source Trial Balance FACS Report No 2411 is the Fiscal Accounting and Control System report which identifies revenues and
expenditures by the source from which funds are received and the OrganizationProject Level Budget Comparison FACS Report No 4005 is the
Fiscal Accounting and Control System report which identifies the expenditures by project The 0MB Circular A102 Common Rule and the
Accounting Procedures and Instructions Manual issued by the State Auditor require recipients of Federal financial assistance to identify
adequately the source and application of such funds The accounting records should also permit the tracing of funds to a level of expenditures
adequate to establish that such funds have not been used in violation of the restrictions and prohibitions of applicable statutes
During the year under review the Office of the Governor made significant coding structure changes to the Fiscal Accounting and Control System
to allow for adequate segregation of expenditures for all of the U S Department of Energy direct grants and certain Petroleum Violation Escrow
Funds with the exception of Amoco Oil Company Fund II and Stripper Well Oil Violation Funds Expenditures for all Amoco Oil Company II Funds
programs were recorded in one project within a single fund source and the expenditures for twelve 12 programs under Stripper Well Oil
Violation Funds were recorded in two projects within a single fund source
The Schedule of Federal Financial Assistance shown in the audit report of the Office of the Governor identifies seventeen 17 programs with
expenditures totaling 371853713 which were applicable to the above listed programs which were not adequately segregated on the accounting
records Due to the inadequacy of the coding structure utilized by the Office of the Governor detail expenditure records did not provide
sufficient information for testing compliance with the provisions of specific programs
The Office of the Governor should continue their efforts in establishing the necessary accounting controls to ensure that all financial records
are maintained in accordance with provisions of 0MB Circular A102 and the Accounting Procedures and Instructions Manual
REVENUERECEIVABLESRECEIPTS
Undocumented Accounts Receivable
The Fund Source Trial Balance FACS Report No 2411 is the Fiscal Accounting and Control System report which identifies revenues and
expenditures by the source from which funds are received The Fund Source Trial Balance for the Criminal Justice Block Grants Program No 86
SFCX0013 as presented for examination required numerous entries to reflect accurately the financial activity of this program After all
known adjustments were made an undocumented credit balance of 2167672 remained in accounts receivable To correct this erroneous balance
an adjustment was made to reclassify the unidentified balance to the current year surplus
The Office of the Governor should establish the necessary accounting controls to ensure that financial records are maintained in accordance with
provisions of 0MB Circular A102 and the Accounting Procedures and Instructions Manual
HUMAN RESOURCES DEPARTMENT OF
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Misappropriation of State Funds
The audit report for the year ended June 30 1988 reported misappropriated funds from the revenue collections of the Vital Records Section
The Department estimated the loss to be between 120000 and 397500 This case was turned over to the Department of Law and the disposition
of the case was unresolved as of the completion date of audit field work
INSURANCE DEPARTMENT OF
STATUSRESOLUTION OF FINDING
General Ledger
Transactions Not Posted to Accounting Records
The audit report for the year ended June 30 1989 noted that accounting records were not maintained in accordance with generally accepted
accounting principles in that all transactions were not posted to the accounting records presented for examination During the year under
review the Department of Insurance implemented procedures to ensure that all transactions are correctly recorded on the accounting records in a
timely mannerALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
INSURANCE DEPARTMENT OF
GENERAL LEDGER
Federal Grant Financial Management
The Fund Source Trial Balance FACS Report 2411 is the Fiscal Accounting and Control System FACS report which identifies revenues and
expenditures by the source from which funds are received The Accounting Procedures and Instructions Manual issued by the State Auditor and OMB
Circular A102 require recipients of Federal financial assistance to identify adequately the source and application of Federal funds The
accounting records should also permit the tracing of funds to a level of expenditures adequate to establish that such funds have not been used
in violation of the restrictions and prohibitions of applicable statutes
The audit report for the year ended June 30 1989 noted that the Departments fund source records were not properly maintained During the
year under review Federal funds were not segregated by fund source It was therefore necessary to perform additional analyses and testing in
order to segregate the Federal financial activity
The Department should establish the necessary accounting controls to ensure that financial records are maintained in accordance with OMB
Circular A102 and the Accounting Procedures and Instructions Manual
INVESTIGATION GEORGIA BUREAU OF
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Deficiencies in the Reconciliation of the PEPI Account
The audit report for the year ended June 30 1989 revealed an initial shortage of 3440847 in the Purchased EvidencePurchased Information
PEPI account In the year under review Bureau personnel were able to reconcile this variance to the controlling general ledger balance
JUDICIAL SYSTEM
SUPERIOR COURTS
STATUSRESOLUTION OF FINDING
General Ledger
Accounting Controls Not Implemented
Prosecuting Attorneys Council
The audit report for the year ended June 30 1989 reported that the Prosecuting Attorneys Council had implemented a new accounting system
during the year ended June 30 1988 and that accounting controls applicable to journal entries and subledger accounts were not operative In
the year under review our audit disclosed that appropriate internal controls had been established
EXPENDITURESLIABILITIESDISBURSEMENTS
Improper Disbursements
As of June 30 1990 the Prosecuting Attorneys Council held by request checks previously issued and returned by certain District Attorneys
offices in the amount of 520126 These funds were payable to the District Attorneys offices for services performed in connection with the
Food Stamp Fraud Program Further these funds were not disclosed as a liability in the accounting records but were instead reflected as
outstanding checks on the Councils bank reconciliation Subsequent to June 30 1990 funds were disbursed to third parties by the Prosecuting
Attorneys Council on behalf of certain of the District Attorneys involved The Prosecuting Attorneys Council should determine the proper
payee for Food Stamp Fraud Program funds earned by the District Attorneys offices and properly liquidate the related liability in a timely
manner The Council should also take steps to ensure that liabilities are not offset against the cash balance and that bank reconciliations are
properly prepared
LABOR DEPARTMENT OF
STATUSRESOLUTION OF FINDING
General Ledger
Insufficient Documentation of Manual Journal Entries
The audit reports for the years ended June 30 1985 through June 30 1989 indicated that manual journal entry packages generally did not
contain sufficient explanations or supporting documentation to determine the propriety of each entry During the year under review audit tests
revealed that significant improvements had been made in this area Based on the results of these tests this finding is considered resolved
INVENTORIES
Inadequacies in Maintaining Inventory Records
The audit reports for the years ended June 30 1985 through June 30 1989 called attention to the following deficiencies in the Department of
Labors supply inventory system
1 Quarterly physical inventory counts were not adequately reconciled to perpetual inventory records
2 Purchase orders were not received by the central supply office for all items posted to inventory records
In the year under review all items posted to the inventory records were supported by purchase order andor other proper documentation
However quarterly physical counts still had not been adequately reconciled to perpetual inventory records
In July 1990 the Department installed new procedures for maintaining its supply inventory records The quarterly reconciliation for the
quarter ended September 30 1990 was examined and appeared to be adequately reconciled to the perpetual inventory records
MEDICAL ASSISTANCE DEPARTMENT OF
GENERAL LEDGER
Supply Inventories
The audit reports for the years ended June 30 1988 and June 30 1989 stated that the Department of Medical Assistance conducted a physical
count of items on hand at June 30 for Supply Inventories The physical count revealed differences with the amounts reported on the Cost
Accounting Management System CAMS for numerous items A physical count of Supply Inventories on hand at June 30 1990 again revealed several
differences between the actual count and amounts reported on CAMS Of the fiftyfive 55 items tested variances were noted in eight 8 of
the items counted The Department of Medical Assistance should establish the necessary internal controls to ensure Supply Inventories are
properly recorded adequately secured and accurately charged to the various units of the Department upon issuance
35ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
MEDICAL ASSISTANCE DEPARTMENT OF
STATUSRESOLUTION OF FINDING
Types of Service
Noncompliance with Medicaid Management Information System Contract and Request for Proposals
The audit reports for the years ended June 30 1988 and June 30 1989 stated that the Department of Medical Assistance entered into a contract
with the Electronic Data Systems Federal Corporation EDS to operate the Georgia Medicaid Management Information System MMIS Our report
listed instances of noncompliance with the Request for Proposal RFP Of the instances of noncompliance listed the following item was
resolved during the year under review
Section 400431 of the RFP requires that the institutional claim payment system administered by the Department of Medical Assistance must
record in the 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
During the year under review the Department of Medical Assistance revised its policies and eliminated the utilization allowance requirement
Further investigation disclosed that action had not been taken to correct the following deficiencies
1 Section 400431 of the RFP requires that the adjudicated claims file be a detailed accounting claim transaction file containing
complete detail of claim line items During the year under review the MMIS as administered by the Department of Medical Assistance
failed to satisfy this requirement of the RFP As a result of the incomplete data processing alternative means and extensive data
processing measures were necessary before an examination of Medical Assistance payments could begin
2 Section 400431 of the RFP requires that a negative record reversing a previously paid original claim be an exact image of the
original paid claim Our examination found these records in many instances to lack much of the detail information which was
contained on the original claim The incomplete manner in which the negative reversing records are maintained constitutes a breakdown
in the audit trail for such transactions
The Department of Medical Assistance should take measures to ensure that all terms of the RFPContract with the contractor are monitored and
enforced
STATUSRESOLUTION OF FINDING
Types of Service
Weaknesses Disclosed in Third Party Report
The audit report for the year ended June 30 1989 stated that reliance was placed on an independent audit third party report which was
performed to evaluate and test the internal controls of the Medicaid Management Information System MMIS The final unresolved weakness
disclosed by this third party review as follows was corrected during the year under review
The primary backup facility for the Georgia MMIS account was located in the same building and adjacent to the primary data center Any
catastrophic event which could destroy the primary data center would also be likely to destroy the primary backup facility
Additional controls and procedures were implemented by the Department in order to correct the above listed control weakness
In accordance with the provisions of the RFPContract between the Department of Medical Assistance and the Electronic Data Systems Federal
Corporation EDS an independent audit third party report was performed to evaluate and test the internal controls in the Medicaid Management
Information System MMIS for the year ended June 30 1990 The scope of the work performed encompassed a review of the design of internal
controls and compliance testing of those control procedures exercised by EDS Corporation which related to the processing of the Georgia Medicaid
Management Information System Specific control objectives were identified tested and evaluated as to whether the given control objective was
achieved The third party report disclosed the following material weakness
A number of EDS employees located at the Information Management Center IMC have update access to Georgia Title XIX production programs
Job Control Language JCL and data files This access is unnecessary to fulfill their job responsibilities
Controls should be established by the Department to ensure that this weakness is corrected
SPECIAL TESTS AND PROVISIONS
Failure to Refund Excess Payments to Recipients as Required by Law
Our review of the accounting records and supporting documentation relating to the Medicaid Special Holding Account Reserve of 1204734140
indicated that 19793916 was being held by the Department of Medical Assistance contrary to Federal and State law Public Law 95142 states
that if the Department receives an excessive payment as the result of exercising its automatic assignment it must be refunded to the
recipient The Official Code of Georgia Annotated OCGA 494148 states the Department shall be subrogated but only to the extent of the
reasonable value of the medical assistance paid and attributable to such sickness injury disease or disability to the rights of the
recipient of medical assistance against the person so legally liable As of the date of our report the Department of Medical Assistance had
not refunded the amounts in question to the recipients as required by State and Federal law Procedures should be implemented to ensure that
excess payments are refunded as required
NATURAL RESOURCES DEPARTMENT OF
REVENUERECEIVABLESRECEIPTS
Cash Shortage
During the year under review the Department of Natural Resources conducted an internal investigation of discrepancies involving cash receipts
in the Parks Recreation and Historic Sites Division The cash receipts journal for a State park showed four deposits totaling 127550 that
were not deposited to its bank account The Georgia Bureau of Investigation also conducted an investigation which indicated a cash shortage of
127550 allegedly stolen by a former employee
PARDONS AND PAROLES STATE BOARD OF
REVENUERECEIVABLESRECEIPTS
Cash Collections Not Deposited in a Timely Manner
The audit report for the year ended June 30 1989 noted that cash collections were not deposited in a timely manner to the bank account of the
State Revenue Collections Fund Our examination of cash transactions for the year ended June 30 1990 included a comparison of the cash
collection dates to the dates such cash collections were deposited to the bank account of the State Revenue Collections Fund This study
disclosed that cash collections were not deposited on a timely basis The time period between the receipt of funds and their deposit ranged
from nine days to six weeks Procedures should be implemented to ensure the timely deposit of all cash receiptsALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
PARDONS AND PAROLES STATE BOARD OF
EXPENDITURESPAYABLESDISBURSEMENTS
Improper Use of Purchase Orders
The audit report for the year ended June 30 1989 noted several instances of purchase orders dated after the invoice date During the year
under review tests of internal accounting control procedures were performed The results of these tests indicate that the Boards Procurement
Section continues to place orders for goods and services prior to the receipt of appropriate accounting and budgetary approvals as evidenced by
properly executed purchase orders This practice impaired the Boards ability to provide adequate accounting and budgetary control over
expenditures and is in violation of provisions contained in the Agency Purchasing Manual issued by the Department of Administrative Services
As a result of this condition we placed little reliance on the internal accounting controls in this area and performed extensive substantive
testing in order to satisfy ourselves that expenditures were appropriately stated
PERSONNEL BOARD STATE MERIT SYSTEM OF PERSONNEL ADMINISTRATION
BENEFITS
State Health Benefit Plan Claim Transactions Sample
As part of our audit a monetary precision materiality sample was used to test the State Health Benefit Plan claim transactions processed
through the Blue Cross Blue Shield TRACS system for the year under review Our testing was directed toward accuracy of the payments the
validity of supporting documentation and the evaluation of controls established to ensure compliance with State Health Benefit Plan provisions
In the year under review the State Personnel Boards Internal Audit Staff examined 1635 claim transactions for the period July 1 1989
through June 30 1990 for compliance with the State Health Benefit Plan and appropriate internal control features Our review of the testing
performed by the State Personnel Boards Internal Audit Staff and our performance of additional procedures noted 61 monetary errors in the
selected claim transactions
As part of our audit the above referenced health claims transaction sample was also used to test compliance with the system of internal
controls in place on the Blue Cross Blue Shield TRACS system for the year under review The results of this testing disclosed 128 compliance
deviations out of the 1635 transactions examined Compliance deviations are individual transactions which were not processed in accordance
with the system of internal control represented by the State Personnel Board as being in existence and also as being fully functional These
types of errors could lead to monetary errors as stated above The following significant types of compliance deviations occurred
CD The diagnosis code was posted incorrectly to the claim transaction Certain diagnostic codes eg psychiatric result in specific
limitations in benefit payments
2 The other insurance code was posted incorrectly This indicates that the entire claim may have been paid incorrectly but not
necessarily the claim transaction sampled
3 The dates of service were posted incorrectly This error invalidates system edits for duplicate claim payments
4 The disposition code indicating status of claim was posted incorrectly
5 The type of service code was posted incorrectly The type of service code determines the applicable deductible amounts coinsurance
amounts and payment percentages
6 The procedure code was posted incorrectly Surgical procedure codes carry specific limitations in benefit payments and some surgical
codes require second opinions
Management should initiate appropriate action necessary to correct problems associated with the information posted to the TRACS system and
establish any administrative procedures necessary to ensure that payments are made in accordance with the State Health Benefit Plan
PUBLIC SAFETY DEPARTMENT OF
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Bank Accounts Not Recorded on General Ledger
The audit report for the year ended June 30 1989 disclosed that the Department did not record the financial activity and reconciled bank
balances of the Central Revenue Collections Account Revenue Collections Lockbox Account and approximately forty Georgia State Patrol Post bank
accounts on the accounting records of the State Revenue Collections Fund During the year under review the Department recorded these balances
in the State Revenue Collections Fund as presented for audit
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Reconciliation of Bank Accounts
The audit report for the year ended June 30 1989 disclosed deficiencies in the bank account reconciliation and review process of the accounts
maintained at Georgia State Patrol Posts for the deposit and transfer of revenue collections to the Central Revenue Collections Account During
the year under review the Department established the necessary internal controls to ensure that these cash accounts are properly reconciled and
that necessary adjustments are posted to the general ledger on a timely basis
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Timely Recording of Cash Receipts
The audit report for the year ended June 30 1989 noted that there were significant delays in the deposit of revenue collection transraittals
from the decentralized accounts to the Central Revenue Collections Account maintained at the central office of the Department It was also
noted that such deposits were not recorded on the general ledger of the State Revenue Collections until such time as they were to be transmitted
to the Department of Administrative Services Fiscal Division During the year under review testing of revenue collection transmittals from
the decentralized accounts to the Central Revenue Collections Account and to deposits recorded on the general ledger of the State Revenue
Collections revealed that these functions were being performed on a timely basis
37ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
PUBLIC SAFETY DEPARTMENT OF
INVENTORIES
Maintenance of Adequate Supply Inventory Listing
Our examination included a review of the supply inventory records and the internal accounting controls utilized by the Department in maintaining
their supply inventory records This examination revealed that the Department did not maintain an adequate supply inventory listing An
estimate in the amount of 148700000 for the valuation of supplies on hand at June 30 1990 was provided by Department management personnel
however this amount was not supported by inventory listings with appropriate valuation balances
The Department should take action
purchases and issues
to ensure that an adequate supply inventory system is established and updated in a timely manner for all
CASH AND CASH EQUIVALENTS
Deficiencies in the Reconciliation and Recording of Imprest Petty Cash Accounts
Financial Statements
Reportable Condition
During the year under review the Department maintained imprest petty cash accounts at various locations throughout the State An examination
of a sample of these imprest accounts disclosed the following variances between the actual balances and the controlling general ledger
balances
Location of Account
Central Accounting Vault
Dublin Post
Statesboro Post
Public Safety Training Center
Balance
Per General
Ledger
Balance
Per Physical
Count
25000
2500
2500
50000
25400
2333
3772
70000
Variance
OverUnder
400
167
1272
20000
In addition during this examination it was revealed that the Georgia State Patrol Post in Dublin maintained a 2500 imprest petty cash account
that was not recorded on the general ledger
Action should be taken by Department of Public Safety management personnel to establish necessary internal controls to ensure that imprest petty
cash accounts are recorded on the general ledger properly maintained and periodically reconciled to the general ledger
PUBLIC SERVICE COMMISSION
GENERAL LEDGER
Inadequate Subsidiary Ledger for Federal Financial Assistance
In the year under review the Public Service Commission did not maintain its accounting records in accordance with either the Accounting
Procedures and Instructions Manual issued by the State Auditor or 0MB Circular A102 Common Rule Individual subsidiary ledgers used to
record Federal grant activity and to separate State and Federal revenues expenditures and balance sheet accounts were not available
The Public Service Commission should implement appropriate controls to ensure that subsidiary ledgers are maintained in accordance with the
Accounting Procedures and Instructions Manual and OMB Circular A102 Common Rule so that a complete audit trail is maintained for each Federal
grant award
REMOVAL OF HAZARDOUS MATERIALS AGENCY FOR
STATUSRESOLUTION OF FINDING
Accounting Controls Overall
Improper Accounting Procedures
The audit report for the year ended June 30 1989 reported that the Agency had neither established its accounting records in accordance with
the Accounting Procedures and Instructions Manual issued by the State Auditor nor had the Agency requested permission to adapt such procedures
and instructions to meet its unique accounting applications In the year under review the Agency had established its accounting records in
accordance with the Accounting Procedures and Instructions Manual and had obtained permission to adapt the State Fiscal Accounting and Control
System to meet its accounting applications
STATUSRESOLUTION OF FINDING
RevenueReceivablesReceipts
Improper Billing Procedures
The audit reports for the years ended June 30 1988 and June 30 1989 disclosed that the Agency had no formalized procedures regarding the
preparation of customer invoices Our examination for the year ended June 30 1990 revealed that this deficiency had been corrected Formal
procedures were implemented to ensure that timely billings on contracts are made
STATUSRESOLUTION OF FINDING
RevenueReceivablesReceipts
Inadequate Documentation for Billings
The audit reports for the years ended June 30 1988 and June 30 1989 noted that documentation for the work in progress billings was
inadequate During the year under review we found that all documentation was present and that invoices had sufficient supporting
information
STATUSRESOLUTION OF FINDING
RevenueReceivablesReceipts
Inadequate Job Cost Accounting System
The audit reports for the years ended June 30 1988 and June 30 1989 noted that the Agency could not provide detailed accounting records for
the various job contracts Reports were not available which matched contractual revenues and expenditures for each contract Our examination
for the year ended June 30 1990 revealed that this deficiency had been corrected An appropriate cost accounting system has been installed
and used for both managerial and audit purposes
38ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
REMOVAL OF HAZARDOUS MATERIALS AGENCY FOR
FINANCIAL REPORTING
General Ledger
Absence of Support for Adjusting Journal Entries
During the course of our examination we discovered that ending balances of some general ledger accounts did not agree with beginning balances
of those same accounts in the subsequent month The explanation was given that adjusting journal entries had been made and not posted to the
official general ledger kept by the Agency These adjusting entries had not been documented
All adjusting journal entries should be kept in a general journal referenced to adequate supporting documentation All entries posted to the
general ledger should be reflected on that ledger with appropriate reference to the entry in the journal In order to maintain a proper audit
trail ending balances must agree with subsequent beginning balances
TECHNICAL AND ADULT EDUCATION DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Inadequate Bank Reconciliation Procedures
The audit report for the year ended June 30 1989 noted that deficiencies existed in the internal control over cash of the Administrative
Central Office For the year under review the internal controls over cash were again deficient relative to bank reconciliations as follows
1 Certain items listed on the June 30 1990 bank reconciliation for the Operating account were not identified properly Extensive
audit procedures were required to identify these items
2 Adjustments were not made on a timely basis for reconciling items appearing on the bank reconciliations for the Payroll account
3 A review of bank reconciliations was not performed by supervisory personnel on a continuing basis
Procedures should be implemented by the Administrative Central Office to ensure that these weaknesses in cash and cash equivalents are
corrected
EXPENDITURESLIABILITIESDISBURSEMENTS
Inadequate Accounting Controls
The audit report for the year ended June 30 1989 disclosed deficiencies in the Administrative Central Offices accounting controls For the
year under review deficiencies were again noted in the control category of expendituresliabilitiesdisbursements A monetary precision sample
of 517 transactions noted the following weaknesses in accounting control procedures
1 In sixtyeight 68 instances contract progress reports were either not attached to the voucher packages or were not provided for
examination
2 In fortyseven 47 voucher packages there was no documentation for the transaction entered on the accounting records
3 Fourteen 14 voucher packages did not include purchase orders or did not include the necessary approvals for payment on the purchase
order
4 Nine 9 voucher packages did not include an invoice for payment
Procedures should be implemented to ensure that voucher packages are complete and that all required documentation is attached prior to payment
VARIOUS TECHNICAL INSTITUTES
Separate audit reports are issued on each of the various State technical institutes which are considered component units of the Department of
Technical and Adult Education The audit report for the year ended June 30 1989 noted that a majority of these institutes did not provide for
adequate separation of duties in the performance of accounting functions Further our audits disclosed a wide range of deficiencies in the
application of accounting and administrative controls For the year under review deficiencies were again identified in the following
accounting and administrative control categories
Accounting Controls
1 Budget PreparationExecution
2 Cash and Cash Equivalents
3 Inventories
4 RevenueReceivablesReceipts
5 Procurement
1 Civil Rights
2 Cash Management
3 Federal Financial Reports
4 Allowable CostsCost Principles
5 DrugFree Workplace Act
Administrative Controls
6 ExpendituresLiabilitiesDisbursements
7 Employee Compensation
8 Fund Equities
9 General Ledger
10 General Fixed AssetsProperty Management
6 Audit FollowUpResolution
7 Types of Services Allowed or Unallowed
8 Eligibility
9 Matching Level of Effort andor Earmarking
10 Monitoring Subrecipients
Applicable findings are disclosed in the individual audit reports of the component units of the Department of Technical and Adult Education
39ALL STATE AGENCIES EXCLUDING UNITS QF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
WORKERS COMPENSATION STATE BOARD OF
STATUSRESOLUTION OF FINDING
Cash and Cash Equivalents
Excessive Accumulation of Training Funds
The audit report for the year ended June 30 1989 stated that an excessive balance had accumulated in the Training Fund and that any excessive
amount accumulated should be transferred to the Budget Fund of the State Board of Workers Compensation and amended into the budget of the Board
with the appropriate approval of the Office of Planning and Budget
In the year under review the Board transferred 10000000 from the Training Fund to the Budget Fund through a budget amendment that was
obtained with the approval of the Office of Planning and Budget
STATUSRESOLUTION OF FINDING
ExpendituresLiabilitiesDisbursements
Expenditures Inconsistent with the Purpose of the Training Fund
The audit reports for the years ended June 30 1988 and June 30 1989 stated that the expenditures of the Training Fund maintained by the
State Board of Workers Compensation appeared to circumvent the Amended Appropriations Act In the year under review an examination of the
Training Fund disbursements and supporting documentation disclosed no instances of inconsistency with the intended purpose of the Fund
40 STATE REVENUE RECEIPTS
41SUMMARY OF STATE REVENUE RECEIPTS
1990
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 4 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
2405592734 5 2080297537
157701858 254784786
44931713 46084258
2761617724 3732592173
318471304 608224602
334294742791 325078277552
33006026373 32888917548
3718275736 3695169459
6426146250 6336427373
1502709561 1530162279
8897284732 9098701107
282146435821 217202066122
204580585 204411751
16425864237 15269471655
731415213 709248569
7204656874 7015634213
1091748200 1076349950
719475300 639988400
159954225 183195672
1513579242 1496517870
1833829731 1717133542
63007359 60739317
276471633 251105511
705904519196 631175501246
Federal Financial Assistance
Benefits and Public Health
Education
Transportation
Agricultural and Natural Resources Development Other
Total Federal Financial Assistance
Donations
Rents on Investment Properties
Interest Received
Contributions from Public Trust Funds
173294668768 154900333544
38059968686 35020279150
28586471367 37383204351
10921799272 9456345748
250862908093 236760162793
86823328 151550987
555714363 542118372
15696896003 17318623806
824284256 795721087
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
3554290919
23835281794
1377798723
2573405291
73579553705
7870960533
11177798408
3874858858
21411930254
1313281262
1927013688
56776492305
7496397659
4615181369
123969089373 97415155395
Total State Revenue Receipts
1097900234612
42 DETAIL OF STATE REVENUE RECEIPTS BY CLASS YEAR ENDED JUNE 30 1990
TAXES
General Property 1989 and Prior Years Levies and 1990 On County Digests Net to State Fees Retained at Source Assessing Collecting Interest Refunds On Public Utilities Digests On Intangible Digests Auto 2266572886 43660710 88205287 28337753 21183902 2405592734 157701858 13223212 5 2576517804
Intangible Tax Recording Net Fees Retained at Source 29991087 1717414 31708501
Estate Tax Refunds 2813963528 52345804 2761617724
Financial Institutions Business Occupation Tax 318471304
Income Tax Corporations Returns Additional Tax Interest and Penalties Estimates on Taxes Refunds 8690432701 48273786426 9460903081 47503316046
Individuals Returns Additional Tax Interest and Penalties Estimates on Taxes Fiduciary Returns Withholding Tax Refunds 27456224027 38751947347 736023422 266195993804 46348761855 286791426745 334294742791
Sales Motor Fuel Net to State Allowance Retained by Taxpayer Refunds to Motor Carriers Refunds to Retailers Act 1947 Refunds to Others 33488715702 241338439 566607660 142084764 15335344 33006026373
Sales Alcoholic Beverage Stamps Refunds 3720636836 2361100 3718275736
Sales Malt Beverage Refunds 6426442500 296250 6426146250
Sales Wine Refunds 1502990119 280558 1502709561
Sales Cigar and Cigarette Collecting Fees Retained at Source Re fund 8 8640864563 260210877 3790708 8897284732
Sales 4 Sales and Use Regular Collecting Fees Retained at Source Interest and Penalties Refunds 262305413155 7823352950 1531120846 889896552 270769990399
Motor Fuel Collecting Fees Retained at Source Interest and Penalties Refunds 11000019507 337294513 41641714 2510312 11376445422 282146435821
Sales Industrial Loan Company Tax 204580585
Sales Insurance Premium Tax Interest and Penalties 16411738774 14125463 16425864237
Business License Alcoholic Beverages 42916500
Business License Malt Beverages 73915000
Business License Wine 58637500
Business License Cigar and Cigarette 3279000
Business License Commercial Fish Dealers Fishing and Boats 4690000 13698578 18388578
Business License Asbestos Business License Miscellaneous Game and Fish Business License Bingo Business License Insurance Agents Adjusters Business License Industrial Loan Companies Business License For Sale of Checks Business License Water Well Drilling 43 50747694 555000 2690000 441091600 30718241 5141600 3334500
DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1990
NonBusiness License Motor Vehicle Registration
Fees Retained by Tag Agents
Refunds
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
6928123016
294774900
18241042
1038268600
53479600
1415030392
95347900
25420251
36887108
700000
720465687
109174820C
719475300
159954225
3200950
1510378292
1833829731
276471633
63007359
705904519196
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
Juvenile Court Judges Council of
Labor Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles State Board of
Public Safety Department of
Public Service Commission
Public Telecommunications Commission Georgia
Secretary of State
Soil and Water Conservation Commission State
Technical and Adult Education Department of
Transportation Department of
Veterans Service State Department of
Total Federal Financial Assistance
1662119
508168354
782626404
65334498
1902752536
35610590229
168370708
1793357204
67718755973
13054162
104158571
656
7
470
115027
936914
49013
199
3423
1302
688
85
664
23805
285864
3816
92833
18889
31164
54709
98360
41424
15518
85179
58056
27038
07794
63859
51419
71367
59726
250862908093
Corrections Department of
Human Resources Department of
Natural Resources Department of
Public Telecommunications Commission Georgia
Secretary of State
Technical and Adult Education Department of
Total Donations
RENTS ON INVESTMENT PROPERTIES
300000
48732539
23991397
1200000
600000
11999392
86823328
Atlanta Journal and Constitution The
CNN Center
CSX Transportation Incorporated
Cousins Properties Incorporated
Fairco Properties Incorporated
Livingston Foundation Incorporated
Pelham Development Corporation
S and C Properties
Southern Railway Company
Stephens County Board of Commissioners
Sundry Rents
Tennessee Valley Authority
Union Camp Corporation
West in Peachtree Plaza Hotel
Total Rents on Investment Properties
1320000
6039224
471690133
20162802
10890300
1800000
1200000
8750004
1085600
150000
360000
750000
180000
31336300
555714363
44 DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1990
INTEREST RECEIVED
Administrative Services Department of
Interest Earned Regular 9602967551
Interest on Railroad and Telegraph Stocks 837824
Community Affairs Department of 262143
Financing and Investment Commission Georgia State
Construction Fund 4266782667
General Obligation Debt Sinking Fund State of Georgia
Debt Service Fund 124845512
Governor Office of the 290857817
Human Resources Department of 33541
Labor Department of 2172316
Medical Assistance Department of 94436750
Natural Resources Department of 59801206
Public Safety Department of 28573
Personnel Board State Merit System of Personnel Administration 1190154537
Regents of the University System of Georgia Board of 29495097 400515
Student Finance Commission Georgia
Technical and Adult Education Department of 33804108
Veterans Service State Department of 15846
Total Interest Received 15696896003
CONTRIBUTIONS FROM PUBLIC TRUST FUNDS
Corporation Dissolution Fund 300275
District Attorneys Retirement Fund 887802
District Attorneys Retirement System 6174048
Employees Retirement System 211742490
Legislative Retirement System Georgia 5396800
Public School Employees Retirement System 29134200
State Employees Assurance Department 7832500
Subsequent Injury Trust Fund 82642903
Superior Court Judges Retirement Fund of Georgia 11990525
Superior Court Judges Retirement System 48865152
Teachers Retirement System 419317561
Total Contributions from Public Trust Funds 824284256
EARNINGS AGRICULTURAL AND NATURAL RESOURCES DEVELOPMENT SERVICES
Agriculture Department of 106576767
Farmers Markets Rents 410440736
Forestry Commission Georgia 416091736
Forestry Examining Fees 6691500
Games Commission Georgia State 10000000
Geology Examining Fees 5221500
Natural Resources Department of 1918973056
Pesticides and Miscellaneous Fees 31087647
Recreation Examining Fees 1766625
Removal of Hazardous Materials Agency for 646650352
Soil and Water Conservation Commission State 791000
Total Earnings Agricultural and Natural Resources Development Services 3554290919
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES 90000
Ambulance License Fees
JJi Athletic Trainers Examining Fees 150000
Barbers Examining Fees 5617100
Chiropractors Examining Fees 4669999
Cosmetology Examining Fees Dairy and Veterinary Inspection Fees 135465334 4886100
Dentists Examining Fees 53969850
Dietitians Examining Fees 4210000
Funeral Service Examining Fees 29439400
Hearing Aid Examining Fees 5067000 1460000
Home Health Care License Fees
Human Resources Department of 17196951181
Labor Department of 159017519 5611500
Laboratory License Fees
Medical Assistance Department of 4943477700 191857600 8303075 3660500
Medical Examining Fees
Nursing Home Examining Fees Occupational Therapy Examining Fees
Optometrists and Opticians Examining Fees 13779000
Patients Fees 875811165
Pharmacists Examining Fees 19323000
Physical Health Laboratory Fees 10832480 8334000 2533000 11086855
Physical Therapy Examining Fees Podiatrists Examining Fees
Practical Nurses Examining Fees
Professional Counselors Social Workers and Marriage and 25054013
Family Therapists Examining Fees
Psychologists Examining Fees 4995000 25633575 5381000 51881595
Registered Nurses Examining Fees
i Veterinarians Examining Fees Vital Records Fees
45
DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1990
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES
Water and Waste Water Treatment Examining Fees
Workers Compensation State Board of
Total Earnings Benefits and Public Health Services
EARNINGS CORRECTIONAL SERVICES
Corrections Department of
Inmate Labor
Pardons and Paroles State Board of
Parole Supervision Fees
Probation Fees
Work Release Program
Total Earnings Correctional Services
EARNINGS EDUCATIONAL SERVICES
8457380
18275873
23835281794
166904822
252992360
62373
99650269
795971618
62217281
1377798723
Education Department of
Librarians Examining Fees
Private School Registration Fees
Professional Personnel Certification Fees
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
Speech Pathologists Examining Fees
Student Finance Commission Georgia
Technical and Adult Education Department of
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
Financing and Investment Commission Georgia State
General Assembly of Georgia
Governor Office of the
Industry Trade and Tourism Department of
Insurance Department of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Indigent Defense Council Georgia
Judicial Council
Juvenile Court Judges Council of
Law Department of
Regular
Sales Acts and Opinions
Personnel Board State Merit System of Personnel Administration
Revenue Department of
Secretary of State
Teachers Retirement System
Total Earnings General Governmental Services
EARNINGS PROTECTION SERVICES
Airport Fees
Architects Examining Fees
Assessments on Employers for Unemployment Compensation
Assessments on Insurers for Workers Compensation
Athletic Agents Examining Fees
Auctioneers Examining Fees
Bank Examining and Supervision Fees
Bank Investigation and Licenses Fees
Bar Examination Fees
Billboard Permits Outdoor Advertising
Boxing Promoter and Participant Fees
Cemetery Fees
Construction Industry Examining Fees
Credit Union Examining and Supervision Fees
Defense Department of
Engineers Examining Fees
Feed Inspection Fees
Fertilizer Inspection Fees
General Corporation Fees
Holding Company Examining and Supervision Fees
Industrial Loan Company Regulatory Investigation Fees
Insurance Company Regulatory and Filing Fees
Investigation Georgia Bureau of
Landscape Architects Examining Fees
Limited Partnership Fees
Lobbying Fees
147217939
3208500
1578825
23693975
636551351
38625539
1916000
477037500
1243575662
2573405291
13225117526
163059820
433705
37828669
9269700
10676737964
5737783
43085868
130202732
69029323
54054244
15050309
14630722
2670
5000000
4824993
6012329
81914299
460485
46367083153
2536763992
81573028
51680391
73579553705
1
190
10955
7865
2
81
4224
654
130
373
2
52
841
507
327
133
21
542
5081
364
21
469
768
20
98
6
04000
60500
14307
57112
00000
44500
54600
35000
33500
18300
28700
70000
22750
21750
90660
31900
60257
36885
03575
92000
13039
45318
49516
91000
82000
54000DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1990
EARNINGS PROTECTION SERVICES
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 Licensing Fees
Real Estate Time Sharing 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
393
2980
85
4994
11807
225
503
18120
1026
44
615
229
3505
44
392
1
40600
93800
25250
08600
11867
90000
54000
01000
59902
73421
14600
42000
50000
65302
47330
88692
79000
7870960533
11177798408
Total State Revenue Receipts
1097900234612STATISTICSSTATE REVENUE RECEIPTS
YEAR ENDED JUNE 30 1990
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 4 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
Rents on Investment Properties
Interest Received
Contributions from Public Trust Funds
Operating Earnings by Fees Rents and Sales for Services
Agricultural and Natural Resources Development Services
Benefits and Public Health Services
Correctional Services
Educational Services
General Government Services
Protection Services
Transportation Services
Total Operating Earnings
PERCENTAGE PER
TOTAL TO TOTAL CAPITA
2405592734 022 370
157701858 001 024
44931713 000 007
2761617724 025 424
318471304 003 049
334294742791 3045 51363
33006026373 3on 5071
3718275736 034 571
6426146250 058 987
1502709561 014 231
8897284732 081 1367
282146435821 2570 43351
204580585 002 031
16425864237 150 2524
731415213 007 112
7204656874 066 1107
1091748200 010 168
719475300 006 111
159954225 001 025
1513579242 014 233
1833829731 017 282
63007359 001 010
276471633 705904519196 173294668768 002 042
6430 108460
1578 26626
38059968686 347 5848
28586471367 260 4392
10921799272 250862908093 86823328 100 1678
2285 38544
001 013
555714363 15696896003 824284256 3554290919 005 085
143 2412
007 127
032 546
23835281794 217 3662
1377798723 013 212
2573405291 023 396
73579553705 670 11305
7870960533 072 1209
11177798408 123969089373 102 1718
1129 19048
Total State Revenue Receipts
1097900234612
Note 1990 Population 6508419
51 STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 199Q
SOURCE
Agricultural and Natural Resources Development
Benefits and Public Health
Correctional Services
Education Grammar and High Schools
Education College and Technical and Adult Education
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
231 3896
3188 53774
486 8199
2855 48159
1007 16979
058 984
147 2479
022 379
965 16276
157 2656
1221 20595
000 000
002 028
389
020
6557
329
Assessment and Collection Allowance to Outside Agencies
Note 1990 Population 6508419
10000
52 STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1990
TOTAL
25359363307
349984808300
53360657723
313438792977
110504809281
6403958448
16136472754
2469256315
105928469569
17288942477
134041173876
1662119
179481728
STATE
APPROPRIATION OTHER
FROM TAXES FEDERAL AGENCY AGENCY
FEES ETC ASSISTANCE 5644344345 EARNINGS 3082762779 REVENUE
16709802200 77546017
156640160500 173294668768 21565185591 1515206559
52128772900 85250016 1214268498 67633691
277923528800 35610590229 147217939 242543991
105913752500 2449378457 2435168664 293490340
6090604500 113442886 237094613 37183551
13367553100 2349296286 476596971 56973603
1745284200 734373642 10401527
65677451000 28586471367 11714525308 49978106
7660423100 6527081 420999446 38389740 9239382590
57147768800 2722938658 76315618964 2145152546
1662119
179481728
3702592186
370259218
42677830618
2139911864
42677830618
2139911864
1097900234612 761005101600 250862908093 118343812415 32311587496STATE REVENUE RECEIPTS
DISTRIBUTION OF REVENUE RECEIPTS BY OBJECT
YEAR ENDED JUNE 30 1990
ALL GOVERNMENTAL FUND TYPES
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
Publications and Printing
Total Regular Operating Expenses
Travel
Motor Vehicle Purchases
Equipment
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 in Prior Year
Transfers to Various Authorities for Advance Retirement of Bonds
130138608009
8660682682
24297323461
11907482337
779818000
172575146
1275398544
795776997
178027665176
2833753736
17063704319
2834676070
4087683119
1620223937
704971327
77784535
190239263124
2273653040
444383128995
44819507532
23374714
157698332
1535812734
712655235514
2284811231
1673217342
5576593611
11263428860
4235900221
7335336362
14910289372
58040863844
72951153216
134708271900
626131619
26121000000
13738549750
39859549750
1171197294802
203439609082
159074440513
2394587807
26700000000
154000000
8696186
PERCENTAGE
TO TOTAL
1185
079
221
108
007
002
012
007
PER
CAPITA
1621
1 5 36 28
6 64
12 27
0 06
19995
1331
3733
1830
120
026
196
122
27353
026 435
155 2622
026 436
037 628
015 249
006 108
001 012
1733 29230
021 349
4048 68278
408 6886
000 004
001 024
014 236
109497
351
257
857
1731
651
1127
2291 8918
11209
20698
096
238 4013
125 2111
363 6124
10668 179951
1853 31258
1449 24441
022 368
243 4102
001 024
000 001
Includes Assessment and Collection Allowance to
Outside Agencies in the amount of 9239382590
Note 1990 Population 6508419
1097900234612
10000
168689
54DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTSDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
BALANCE SHEET
GOVERNMENTAL FUND TYPE
JUNE 30 1990
GENERAL FUND
Cash and Temporary Investments
118688586795
LIABILITIES AND FUND EQUITY
Liabilities
Undrawn Appropriation Allotments
Fund Equity
Fund Balance
Reserved
Designated for Appropriation to
Department of Transportation
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Surplus
Total Fund Equity
114985994609
23422515
3679169671
000
3702592186
000
3702592186
Total Liabilities and Fund Equity
118688586795
The notes to the financial statements are an integral part of this statement
56 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF CHANGES IN FUND BALANCE
GOVERNMENTAL FUND TYPE
YEAR ENDED JUNE 30 1990

FUND BALANCE JULY 1 1989
Reserved
Unreserved
Designated for Appropriation
Surplus
ADDITION
Excess of Funds Available over Allotments
DEDUCTIONS
Fund Balance Carried Over from
Prior Year as Funds Available
Reserved
Unreserved
GENERAL FUND
25870745683
9100000000
5567173071
40537918754
3702592186
25870745683
14667173071
40537918754
FUND BALANCE JUNE 30 1990
3702592186
The notes to the financial statements are an integral part of this statement
57DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
GENERAL FUND
YEAR ENDED JUNE 30 1990
FUNDS AVAILABLE
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
Transfer from Fund Balance
Reserved
Designated for Appropriation to
Department of Transportation
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
Unreserved
Designated
Surplus
Total CarryOver from Prior Year
719633613242
1662119
719635275361
000
6467686421
19403059262
9100000000
5567173071
40537918754
Total Funds Available
760173194115
EXPENDITURES
ALLOTMENTS
Legislative Appropriation to Spending Units
For Fiscal Year Ended June 30 1990
Less Current Year Funds Lapsed
Net Appropriation Fiscal Year Ended June 30 1990
Less Unreserved Fund Balance Surplus Lapsed
Net Allotments to Spending Units
Excess of Funds Available over Allotments
764600730200
3595628600
761005101600
4534499671
756470601929
3702592186
760173194115
The notes to the financial statements are an integral part of this statementDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1990
APPROPRIATION FOR FISCAL
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
Defense Department of
Education Department of
Forestry Commission Georgia
General Assembly of Georgia
General Obligation Debt Sinking Fund State of Georgia
Issued
New
Governor Office of the
Governors Emergency Fund
Grants State Aid
To Counties
To Incorporated Municipalities
Human Resources Department of
A Departmental Operations
B Community Mental HealthMental Retardation
Youth Services and Institutions
Industry Trade and Tourism Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Indigent Defense Council Georgia
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 Administrat
Public Safety Department of
A Public Safety Department of
B Units Attached for Administrative Purposes Only
Public School Employees Retirement System
Public Service Commission
Public Telecommunications Commission Georgia
Regents of the University System of Georgia Board of
A Resident Instruction
B Regents Central Office and Other Organized Activities
Removal of Hazardous Materials Agency for
Revenue Department of
Secretary of State
A Secretary of State
B Real Estate Commission
Soil and Water Conservation Commission State
Sports Hall of Fame Board Georgia
Student Finance Commission Georgia
Teachers Retirement System
Technical and Adult Education Department of
Transportation Department of
Operations Motor Fuel Tax Funds
Special Appropriations
Veterans Service State Department of
Workers Compensation State Board of

71

c

X

LEGISLATIVE
APPROPRIATION
3815005300
GOVERNORS
EMERGENCY
FUND
BUDGET
ADJUSTMENTS
41 656 183 00
14 008 971 00
6 118 359 00
7 000 00
21 890 632 00
493 159 515 00
7 802 479 00
2782 138 288 00
36 694 699 00
21 091 253 00
306 431 706 00
47 500 000 00
19 316 242 00
3 712 500 00
11 917 013 00
4 517 000 00
481 204 556 00
517 199 824 00
18 893 512 00
12 543 366 00
33 793 266 00
4 370 711 00
5 189 527 00
38 733 929 00
588 136 00
999 635 00
1 821 781 00
111 783 00
396 740 00
16 437 843 00
8 703 803 00
548 859 591 00
86 634 751 00
30 825 214 00
35 534 500 00
77 901 271 00
13 926 231 00
13 915 342 00
7 705 982 00
7 211 443 00
759 277 630 00
143 207 352 00
251 364 00
70 517 548 00
cz 690 086 00
r 5rtr 764 00
t 789 279 00
50 000 00
21 819 394 00
3 537 500 00
128 138 956 00
462 031 321 00
184 808 860 00
19 657 253 00
8 069 365 00
2218500
1000000
106808400
500000
48728400
16350000
13570000
315054800
6230000
1023700
4250000
500000
1000000
37185000
772500
1318100
1000000
2750000
1500000
1700200
1150000
64970000
30000
500000
10000000
10000000
045
045
764600730200
000
CD Amounts shown in the Amended Appropriations Act under the Department of
Administrative Services Regular Operations for Grants to Counties and
Municipalities and under the Department of Transportation for Grants to
Counties and Municipalities have been combined for this schedule and are
presented as State Aid Grants administered by DOAS Fiscal Division
2 Amounts shown in the Amended Appropriations Act under the Department of
Natural Resources have been segregated to reflect the State Boxing
Commission and the Georgia Sports Hall of Fame Board as separate entities
60 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1990
YEAR 1990 BALANCE DUE CASH FUNDS
FUNDS NET SPENDING UNIT ALLOTMENTS RETURNED BY SURPLUS BALANCE
LAPSED 165000000 APPROPRIATION 3652223800 JULY 1 1989 127049360 DRAWN SPENDING UNIT LAPSED 264095886 JUNE 30 1990 414651295
3100525979
2698000 2698000
1500000 4165118300 50074241 4133682214 8652187 72858140
12500000 1388397100 4428607 1355706663 14606923 22512121
8745300 603090600 11587003 608166202 352643 352643 6511401
700000 375000 1075000 360662 360662 000
1494000 2284377600 776660181 1972099914 6087164 6087164 1088937867
120000000 49196451500 1664200000 47943885100 39347247 39347247 2916766400
828976300 5855564 789208027 4376856 4376856 45623837
306650000 277923528800 2926098062 271892651849 242543991 8714431022
17000000 3652469900 205934560 3480000000 31020721 31020721 378404460
40000000 2069125300 336208502 1919849098 210815402 274669302
30643170600 000 29865204320 777966280
4750000000 1636184730 1636184730 4750000000
45000000 1900194200 8162531 1908356731 33480806 33480806 000
56195200 000 000 000
1191701300 000 1191701300 000
451700000 000 451700000 000
125293000 48001392600 1161118973 48130408347 274169792 757933434
222062000 51498944100 491977200 51661408073 20000000 62317404 287195823
1850000 1891751200 184050711 1804159870 1570519200 1588775355 253385886
40000000 1214336600 8000000 1166097878 593477 55645245
15500000 3364326600 000 3364326541 11012696 11012696 059
437071100 1550000 438621100 522970 522970 000
518952700 000 518952700 4681384 4681384 000
3873392900 000 3856620474 16772426 000
58813600 000 58813600 58041 58041 000
99963500 000 99963500 000
183178100 4608168 178034248 1241753 1241753 9752020
11178300 000 8418000 210159 210159 2760300
39674000 000 39674000 67891 67891 000
1643784300 000 1643784300 180117124 180117124 000
2000000 868380300 53550 868433850 13628927 13628927 000
2148311400 52737647700 7799530635 51970757513 996660799 7569760023
26843700 8683816400 2390982351 8342242038 34887193 34887193 2732556713
150200000 2932321400 147575900 2882097300 28286444 28286444 197800000
3554222500 000 3554222500 000
1318100 7790127100 330620868 7754383957 39751950 326612061
8500000 1384123100 28649359 1176785090 1832101 234155268
1391534200 000 1391534200 000
620300 769977900 26168020 771539240 16624984 16624984 24606680
1000000 721144300 44973244 765796487 321057
75930513000 2994334600 75830050200 99652737 99652737 3094797400
14320735200 514300000 14245535200 8851328 8851328 589500000
25136400 000 25136400 000
7053254800 618337969 6836212705 38093002 797287062
3015500 2170708800 2685827 2164116749 164210320 6667470 3349174 6667470 3349174 9277878 000
151660900 12549420
1366700 177561200 39851409 167890559 2554445 2554445 49522050
5000000 000 5000000 70809 70809 000
2181939400 509500 2182448900 1272864 1272864 000
353750000 000 353750000 10401527 10401527 000
55625000 12759420600 353643016 12320038210 183713411 183713411 793025406
46203132145 59422020427 42454500000 63170652572
3238400 18542617555 2444973483 6530000000 49978106 49978106 14457591018
4000000 1961755300 126846090 1982774881 1441123 1441123 105826509
10800000 796636500 46702 796683202 500317 500317 000
3595628600 761005101600 86905473763 730755419259 61 2365338176 4534499671 114985994609
BALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
63BALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
JUNE 30 1990

Cash and Temporary Investments Net
Accounts Receivable
Inventories
Prepaid Expenditures
8456140969
220566265174
4047903919
86192110
Total Assets
S 233156502172
LIABILITIES AND FUND EQUITY
Liabilities
Accounts Payable
Contracts Payable
Grants Payable
Accrued Payroll
Payroll Withholdings
Deferred Revenue
Contractors Retainage Escrow Deposits
Total Liabilities
Fund Equity
Fund Balances
Reserved
Unreserved
Surplus
Balance July 1 1989
Excess of Funds Available over Expenditures
For the Year Ended June 30 1990
Prior Years Adjustments and Increases
Decreases in Fund Balance
Prior Years Unreserved Funds Lapsed to
Department of Administrative Services Fiscal Division
Balance June 30 1990
Total Fund Equity
26825522178
89520946164
11024517397
61202695
1009465705
503662154
3002186488
131947502781
99471802600
2139911864
88901153240
84769368642
4534499671
1737196791
101208999391
Total Liabilities and Fund Equity
233156502172
Note Receivables due to the Department of Administrative Services
from State units for services rendered and the corresponding
payables in the amount of 714713397 have been eliminated
From the above Balance Sheet
The notes to the financial statements are an integral part of this statement
65COMBINING BALANCE SHEET BY STATE UNITS
BUDGET FUNDCOMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1990
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Boxing Commission State
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Employees1 Retirement System Administrative Expense Fund
Financing and Investment Commission Georgia State
Forestry Commission Georgia
Games Commission Georgia State
General Assembly of Georgia
General Obligation Debt Sinking Fund State of Georgia
A General Obligation Debt Sinking Fund State of Georgia Issued
B General Obligation Debt Sinking Fund State of Georgia New
Governor Office of the
Governors Emergency Fund
Grants State Aid
To Counties
To Municipalities
Human Resources Department of
A Departmental Operations
B Community Mental HealthMental Retardation Youth Services and Institutions
Industry Trade and Tourism Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Supreme Court
Court of Appeals
Superior Courts
Continuing Judicial Education Institute of
Indigent Defense Council Georgia
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
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 Commission State
Sports Hall of Fame Board Georgia
Student Finance Commission Georgia
Subsequent Injury Trust Fund
Teachers Retirement System Expense Fund
Technical and Adult Education Department of
Transportation Department of
Veterans Service State Department of
Workers Compensation State Board of
CASH AND
TEMPORARY ACCOUNTS
INVESTMENTS RECEIVABLE INVENTORIES
576358563 1341272803 255063198
13346232 165786285 000
5683497 22530733 000
2375973 6511401 000
719424 000 000
299934337 3572195299 000
818949238 3430477013 911383032
24736604 431318501 000
878004597 14094439186 209050965
7433 18672 000
1903710 000 000
4844426 421838224 59009144
652054 10000 000
16269969 274669302 000
777966280 777966280 000
4750000000 4750000000 000
3344636332 741676634 000
000 000 000
000 000 000
4457289 000 000
5019275000 11194744226 627304415
4325763156 6033510812 420579751
3785124 253969342 42751106
13086275 103694257 000
135908664 11702768 28206196
1618569 000 000
13916680 631400 000
66002883 15760926 000
7669601 000 000
2788693 000 000
1219482 9781193 000
2037502 2760300 000
7306551 8596408 000
200071449 589993397 28845524
33866471 32767786 000
239329337 10241813624 7361987
1334444802 2962241030 59971743
94154226 217715518 000
14429104718 1857506321 000
113321928 352287009 148700000
125643982 256107761 429499
000 000 000
21003870 61041429 000
11479916 130130003 000
32584084 3094797400 000
64278363 589500000 000
2596349 157126650 22226074
165058006 803632947 4463076
32865503 14502767 000
876250 000 000
468529 50895855 000
602 000 000
313590 4987777 000
923615 000 000
25486436 9458839 000
500213557 1740579513 126896499
3022620681 150240081160 1095661710
104458796 207949820 000
7393463 000 000
8456140969 221280978571 4047903919
The notes to the financial statements are an integral part of this statement
68 COMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1990
LIABILITIES AND FUND EQUITY
FUND EQUITY TOTAL LIABILITIES
UNRESERVED
PREPAID TOTAL RESERVED FUND BALANCE TOTAL AND
i EXPENDITURES ASSETS LIABILITIES FUND BALANCE SURPLUS FUND EQUITY FUND EQUITY
000 2172694564 1617760359 5 440746686 114187519 554934205 2172694564
000 179132517 157903376 147622 21081519 21229141 179132517
000 28214230 27941382 000 272848 272848 28214230
000 4135428 3707135 000 428293 428293 4135428
000 719424 493552 000 225872 225872 719424
000 3272260962 3255353959 14581738 2325265 16907003 3272260962
000 5160809283 4144033347 917119627 99656309 1016775936 5160809283
000 406581897 455607327 29368129 78393559 49025430 406581897
192500 13425678054 12912041752 410989127 102647175 513636302 13425678054
000 11239 11239 000 000 000 11239
000 1903710 000 1903710 000 1903710 1903710
000 476002942 384057541 59728328 32217073 91945401 476002942
000 662054 650000 12054 000 12054 662054
000 290939271 21032548 120265621 149641102 269906723 290939271
000 000 000 000 000 000 000
000 000 000 000 000 000 000
000 4086312966 919065432 3139021029 28226505 3167247534 4086312966
000 000 000 000 000 000 000
000 000 000 000 000 000 000
000 4457289 4457289 000 000 000 4457289
65917953 6868691594 5385734803 965927843 517028948 1482956791 6868691594
8999404 2137326811 1600894892 400689349 135742570 536431919 2137326811
000 300505572 253139198 42751106 4615268 47366374 300505572
000 90607982 51750758 000 38857224 38857224 90607982
000 175817628 112218498 57025939 6573191 63599130 175817628
000 1618569 18186 000 1600383 1600383 1618569
210233 14758313 9233289 000 5525024 5525024 14758313
000 81763809 50626607 200000 30937202 31137202 81763809
000 7669601 7566023 000 103578 103578 7669601
000 2788693 000 2788693 000 2788693 2788693
4500 11005175 9963654 000 1041521 1041521 11005175
000 722798 420696 000 302102 302102 722798
000 1289857 1247874 12651 29332 41983 1289857
283777 819194147 594956164 223498152 739831 224237983 819194147
000 66634257 63062733 000 3571524 3571524 66634257
000 10488504948 347487281 10115516324 25501343 10141017667 10488504948
000 4356657575 3135027874 1160616290 61013411 1221629701 4356657575
000 311869744 277445016 100000 34324728 34424728 311869744
000 16286611039 1629511705 14657099334 000 14657099334 16286611039
000 387665081 211480285 158959000 17225796 176184796 387665081
000 130893278 104584347 1075579 25233352 26308931 130893278
000 000 000 000 000 000 000
000 82045299 74590854 000 7454445 7454445 82045299
000 141609919 141609919 000 000 000 141609919
000 3127381484 3119784275 7597209 000 7597209 3127381484
000 653778363 595467243 57047590 1263530 58311120 653778363
000 181949073 174637130 7311943 000 7311943 181949073
8522620 651560637 595768993 5600000 50191644 55791644 651560637
000 47368270 39630382 1660495 6077393 7737888 47368270
000 876250 647988 000 228262 228262 876250
000 51364384 41219865 000 10144519 10144519 51364384
000 602 000 000 602 602 602
000 5301367 4898898 000 402469 402469 5301367
000 923615 923615 000 000 000 923615
000 34945275 12712610 260052 21972613 22232665 34945275
2061123 2369750692 1491637541 649705206 228407945 878113151 239750692
000 154358363551 88509276592 65822476174 26610785 65849086959 154358363551
000 103491024 103086097 000 404927 404927 103491024
000 7393463 5838055 000 1555408 1555408 7393463
86192110 233871215569 132662216178 i 99471802600 69 1737196791 1 01208999391 233871215569
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUNDSTATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1990
FUNDS AVAILABLE
STATE APPROPRIATION
General Appropriation
Amended Appropriation
Supplementary Appropriation
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
749800000000
14580730200
220000000
764600730200
3595628600
761005101600
250861245974
9239382590
86823328
1601905609
824284256
100900497692 112652893475
1124519241049
91651206677
Total Funds Available
1216170447726
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
Publications and Printing
123340403753
8506925010
22058952430
11325871244
691404800
169863978
1259237100
726169875
MOTOR VEHICLE PURCHASES
EQUIPMENT
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
COMPUTER CHARGES
Other Costs
Supplies and Materials
Repairs and Maintenance
Rents Other than Real Estate
Other Expenditures
Software
Equipment
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Computer Billings D0AS
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
Per Diem and Fees
Contracts
CAPITAL OUTLAY
Personal Services
Salaries and Wages
Employers Contribution for
FICA
44738424437 168078828190
2817524555
13804299781
2431392805
1230293274
570704664
671095247
3694479
7655150692
6088640
60234058
1518087842
23374714
156439715
1297802676
4515620712
502716558
147568408
174536431
577196234
2562938
21482743
274518272
1368031947
13758451
5936553
105153047
2509073776
5419641750
12704580777
17981302801
32246183142
2156444144
1604222715
5165905678
10471892142
4198576861
2804342146
30685883578
1205602
15198
1220800 STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1990
EXPENDITURES
CAPITAL OUTLAY
Other Costs
Motor Vehicle Expenses 113250
Supplies and Materials 92575584
Repairs and Maintenance 59519408
Utilities 16668617
Rents Other than Real Estate 320980
Other Expenditures 2015578
Extraordinary Expenditures 591493410 762706827
Travel 277652
Motor Vehicle Purchases 2171700
Equipment
Equipment Purchases 382270329
LeasePurchase of Equipment 46992
Rental of Equipment 26400 382343721
i Computer Charges
Other Costs
Supplies and Materials 31500
Equipment
Equipment Purchases 53041150
Per Diem Fees and Contracts
Contracts 45000 53117650
Telecommunications 107306
ii Per Diem Fees and Contracts
Per Diem and Fees 98864480
Contracts 87472855382 87571719862 887 736 655 18
AUTHORITY LEASE RENTALS 3 516 316 19
GENERAL OBLIGATION DEBT SINKING FUND OTHER Personal Services Salaries and Wages Employers Contributions for FICA 6798204256 153757672 399 673 133 00
i Retirement Health Insurance Personal Liability Insurance Unemployment Compensation Insurance Workers Compensation Insurance Assessments by Merit System Other Costs Motor Vehicle Expenses Supplies and Materials Repairs and Maintenance Utilities Rents Other than Real Estate Insurance and Bonding Claims and Indemnities Direct Benefits Medical Care and Public Assistance Tuition and Scholarships Grants to Counties Cities and Civil Divisions Other Expenditures 2238371031 581611093 88413200 2711168 16161444 69607122 16229181 3259404538 403283265 2857389845 1049519273 33876080 74090056 182584112432 2267564400 444322894937 43263145420 9948836986
Duplicating and Rapid Copy Publications and Printing Travel Motor Vehicle Purchases Equipment Equipment Purchases LeasePurchase of Equipment Rental of Equipment Computer Charges Other Costs Supplies and Materials Repairs and Maintenance Other Expenditures Software Equipment Equipment Purchases LeasePurchase of Equipment Per Diem Fees and Contracts Per Diem and Fees Contracts Computer Billings DOAS Real Estate Rentals Telecommunications Per Diem Fees and Contracts Per Diem and Fees Contracts Capital Outlay 1258617 238010058 394467501 11314848 4905584 3541555 4111336 45100 9117134 110559073 7893977 1570118 313869424 340829001 1343668159 40059561043 680370778102 128367087 68994627 410687933 791536718 37323360 4530994216 41403229202 2799157222
Authority Lease Rentals 274500000 7407 644 054 53
Total Expenditures 11272 692 944 86
Excess of Funds Available over Expenditures 889 011 532 40
12161 704 477 26
Includes assessment and collection allowance to outside agencies in the amount of 9239382590
The notes to the financial statements are an integral part of this statement 73
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
75 FUNDS AVAILABLE
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
ADMINISTRATIVE
SERVICES
DEPARTMENT OF
AGRICULTURE
DEPARTMENT OF
AUDITS AND
ACCOUNTS
DEPARTMENT OF
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
S 761005101600
250861245974
112652893475
1124519241049 S
91651206677
3652223800
000
13087605069
16739828869
149166775
4165118300
508168354
104649365
4777936019
1388397100
000
000
1388397100
Total Funds Available
1216170447726
16888995644
4777936019
1388397100
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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
168078828190 S
32246183142
2156444144
1604222715
5165905678
10471892142
4198576861
2804342146
30685883578
88773665518
351631619
39967313300
740764405453
1127269294486
88901153240
4542432656
1261067878
36317922
77862775
1245097744
861649782
346984007
158439522
356032466
000
000
000
7734374943
2975762343
381872004
97447382
50565507
36810967
47218042
72794229
38299409
42086195
000
000
000
1015303888
16620259695 S
268735949
4758159966
19776053
1193097849
34008528
70755405
1120953
2373288
26381230
50823831
6266832
2490340
000
000
000
000
1387318256
1078844
1216170447726
16888995644
4777936019
1388397100
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 1990
BANKING AND
FINANCE
DEPARTMENT OF
BOXING
COMMISSION
STATE
COMMUNITY
AFFAIRS
DEPARTMENT OF
CORRECTIONS
DEPARTMENT OF
DEFENSE
DEPARTMENT OF
EDUCATION
DEPARTMENT OF
603090600
000
000
503090600
700000
000
000
700000
2284377600
782626404
38090812
3105094816
49196451500
65334498
1214206125
50475992123
828976300 277923528800
1902752536 35610590229
32790660 147217939
2764519496 313681336968
152273
18713876
25688129
22120943
603090600
700000
3105247089
50494705999
2790207625 313703457911
511835587 000 5 46901236 27336260501 8 14148751 4196207247
22116385 35065 24799913 3157737128 4 17002433 472749126
27144268 000 18545272 170278990 5924688 141730427
1172316 000 2429400 334987370 4143887 9072454
1732723 000 2719566 603070798 7138949 72444825
13857995 000 22581619 254512906 9199288 1306909244
20006104 000 47351802 367239142 5868919 239292292
4843494 9566 5149316 308782526 14686580 86299154
32208 4 29497 1 31489208 726505836 54999459 2242559424
000 000 000 11077111417 30852945 44722779
000 000 000 9000000 000 000
000 000 000 000 000 000
000 000 23 02034838 6096657231 14 75986573 306359516813
602741080 4 74128 31 04002170 50442143845 28 39952472 315171503785
349520 2 25872 1244919 52562154 49744847 1468045874
603090600 700000 31 05247089 50494705999 27 90207625 313703457911
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
EMPLOYEES
RETIREMENT SYSTEM
ADMINISTRATIVE
EXPENSE FUND
FINANCING
AND INVESTMENT
COMMISSION
GEORGIA STATE
FORESTRY
COMMISSION
GEORGIA
GAMES COMMISSION
GEORGIA STATE
FUNDS AVAILABLE
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
000
000
263375690
263375690
24075
000
000
138064613
138064613
3321310
3652469900
168370708
416091736
4236932344
1688001
000
000
10000000
10000000
000
Total Funds Available
263399765
41385923
4238620345
10000000
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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
119711350 109482018 2838558169 000
17075268 3692958 665301333 41 38471
1480008 2810869 20483505 000
000 000 120113199 000
702150 262370 275379177 000
28427236 895895 25913238 000
19075500 9910000 4407000 000
3019591 1556754 112351872 000
73908662 10871349 43759198 58 49475
000 000 58458689 000
000 000 000 000
000 000 000 000
000 000 45528799 000
i 263399765 139482213 4210254179 99 87946
000 1903710 28366166 12054
263399765
141385923
4238620345
10000000
The notes to the financial statements are an integral part of this statement
78COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
GENERAL ASSEMBLY
OF GEORGIA
GENERAL OBLIGATION DEBT SINKING FUND
STATE OF GEORGIA
GENERAL OBLIGATION
DEBT SINKING FUND
STATE OF GEORGIA
ISSUED
B
GENERAL OBLIGATION
DEBT SINKING FUND
STATE OF GEORGIA
NEW
GOVERNOR OFFICE OF THE
GOVERNORS
OFFICE
GOVERNORS
EMERGENCY
FUND
GRANTS STATE AID
TO COUNTIES
2069125300
000
000
2069125300
30643170600
000
000
30643170600 S
4750000000
000
000
4750000000
1900194200
1793357204
318154505
4011705909
000
000
000
000
1191701300
000
000
1191701300
128315001
000
3453406160
000
000
2197440301
30643170600
4750000000
7465112069
000
1191701300
1 1283048061 000
196739800 000
6635615 000
000 000
20921777 000
37156197 000
3322950 000
62203200 000
217522516 000
000 000
000 000
000 306 431 70600
99883464 000
1927433580 306 431 70600
270006721 000
2197440301 306 431 70600
000
000
000
000
000
000
000
000
000
000
000
4750000000
000
4750000000
000
1102524026
106058810
21335576
000
10498153
22646153
67645271
25970726
2208016676
000
000
000
743631578
4308326969
3156785100
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
1191701300
4750000000
7465112069
000
1191701300
000
1191701300
79 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
HUMAN RESOURCES DEPARTMENT OF
B COMMUNITY MENTAL
FUNDS AVAILABLE
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
GRANTS STATE AID
TO MUNICIPALITIES
451700000
000
000
DEPARTMENTAL
OPERATIONS
HEALTHMENTAL
RETARDATION YOUTH
SERVICES AND
INSTITUTIONS
48001392600
61902514953
5293275760
451700000 115197183313
265052315
451700000 115462235628
51498944100
5816241020
11064763486
68379948606
747175695
INDUSTRY TRADE
AND TOURISM
DEPARTMENT OF
1891751200
000
130202732
2021953932
000
69127124301
2021953932
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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 18664248719 38388889959 7 47267276
000 9872606505 3701745405 1 75654820
000 459244730 121892125 35008270
000 96647806 69975809 3403413
000 185832729 381608346 9074927
000 2370971175 569042570 17355508
000 961095130 88468780 61597578
000 467114160 315372019 23551838
000 2872702066 905469660 30673015
000 000 1018913150 000
000 000 245190400 000
000 000 000 000
13 517 00000 78989709791 22810931816 9 16092490
13 517 00000 114940172811 68617500039 20 19679135
9 000 00000 522062817 509624262 2274797
451700000 115462235628
69127124301
2021953932
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 1990
INSURANCE
DEPARTMENT OF
INVESTIGATION
GEORGIA BUREAU OF
SUPREME
COURT
JUDICIAL SYSTEM
COURT
OF APPEALS
SUPERIOR
COURTS
CONTINUING
JUDICIAL EDUCATION
INSTITUTE OF
1214336600
13054162
72998892
1300389654
3364326600
104158571
58348653
3526833824
437071100
000
49618289
486689389
518952700
000
7195184
526147884
3873392900
65692833
82548249
4021633982
58813600
718889
2670
59535159
73473943
000
200000
1300446241
3600307767
486689389
526147884
4021833982
59535159
976573051 2460626975 354324030 449736980 3605421347 000
75688044 267172005 30704836 12392937 27857215 12549063
33709998 81991024 3192574 3565060 45041806 000
13942500 118503345 000 000 000 000
9528351 68710924 10027729 7309120 99444 113000
67069915 72652808 16301934 25350284 24524 1917318
51474300 178372612 29367623 18452500 000 000
20247497 195071560 3798548 2769234 000 3203
9941203 32511138 37371732 1603636 66921967 44883997
000 10346872 000 000 000 000
000 000 000 000 000 000
000 000 000 000 000 000
7500000 56167396 000 000 246908392 000
1265674859 3542126659 485089006 521179751 3992274695 59466581
34771382 58181108 1600383 4968133 29559287 68578
1300446241 3600307767 486689389 526147884 4021833982 59535159
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
FUNDS AVAILABLE
INDIGENT DEFENSE
COUNCIL GEORGIA
JUDICIAL SYSTEM
JUDICIAL
COUNCIL
JUDICIAL
QUALIFICATIONS
COMMISSION
JUVENILE
COURT JUDGES
COUNCIL OF
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
99963500
000
5000000
104963500
000
183178100
000
4824993
188003093
11178300
000
000
11178300
000
39674000
47031164
6012329
92717493
Total Funds Available
104963500
188003093
11178300
92730144
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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
6857026 55414448 6513904 36919892
523582 9512033 1104844 38339788
473056 1505130 127071 1787082
000 000 000 000
84060 2407580 000 905694
20340 3381732 000 5155619
174000 2563000 96800 1129124
163294 1085850 86936 654603
25000 5876993 2946643 7823988
000 000 000 000
000 000 000 000
000 000 000 000
93854449 105264856 000 000
102174807 187011622 10876198 92715790
2788693 991471 302102 14354
104963500 188003093 11178300 92730144
The notes to the financial statements are an integral part of this statement
82 COMBINING STATEMENT OF FUNDS AVAILABLE AMD EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
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
1643784300
11502754709
161189835
13307728844
868380300
000
81892899
52737647700
93691498360
4945021888
950273199 151374167948
8683816400
4901341424
2000719226
15585877050
2932321400
19915518
62373
2952299291
3554222500
000
47557237690
51111460190
27459959
8656388027
676541174
91256
12049524970
13335188803
950273199 160030555975
16262418224
2952390547
63160985160
6029792237
380679190
99477593
1904293
37620632
398120107
147555910
116914919
240730058
75285277
000
000
5620702084
741866672
45745128
13586715
000
4918307
46350673
40473100
12498935
32867657
000
000
000
10973377
13148782300
186406503
949280564
992635
1210935872
58361741
15818055
000
5623307
1361859767
91944533
35164918
3722285740
000
000
000
142974351790
149476345723
10554210252
6116495228
1173986215
59260402
168347170
244365811
121000575
185531244
99360984
406903536
1109284903
97441219
000
5350033034
2154725136
91901024
54716389
26237575
77419675
68740259
157053876
82842182
126938232
000
000
000
78295500
716591611
119668599
7919114
000
15374271
265932740
75411900
23436472
5026420801
000
000
000
42180141041
15132010321
1130407903
2918869848
33520699
48430896549
14730088611
13335188803
16262418224
2952390547
63160985160
83 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
FUNDS AVAILABLE
PUBLIC SAFETY DEPARTMENT OF
A
PUBLIC SAFETY
DEPARTMENT OF
UNITS ATTACHED
FOR ADMINISTRATIVE
PURPOSES ONLY
PUBLIC SCHOOL
EMPLOYEES
RETIREMENT SYSTEM
EXPENSE FUND
PUBLIC SERVICE
COMMISSION
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
7790127100
21302647
248956936
8060386683
10828456
1384123100
321082532
136500722
1841706354
1391534200
000
000
1391534200
769977900
130258056
000
900235956
000
Total Funds Available
8071215139
1842854679
1391534200
900235956
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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
5951763895 7 52139050 000 606259119
908892476 3 17293363 000 39577242
16533056 14187930 000 22747548
276849026 11157853 000 8209715
130992901 15331497 000 16266851
430312406 40034450 000 33641099
5387410 15449715 000 30230600
119687785 13624710 000 12350961
27962611 1 00949237 000 123509834
28163197 000 000 000
000 000 000 000
000 000 000 000
161224077 5 18 49035562 29203367 13 13 915 915 34200 34200 000
8057768840 892792969
13446299 13651312 000 7442987
8071215139
1842854679
1391534200
900235956
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 1990
PUBLIC
TELECOMMUNICATIONS
COMMISSION GEORGIA
REGENTS OF THE UNIVERSITY SYSTEM
OF GEORGIA BOARD OF
A
RESIDENT
INSTRUCTION
REGENTS CENTRAL
OFFICE AND OTHER
ORGANIZED ACTIVITIES
SECRETARY OF STATE
REMOVAL OF A
HAZARDOUS MATERIALS REVENUE SECRETARY
AGENCY FOR DEPARTMENT OF OF STATE
721144300
68827038
637751351
1427722689
75930513000
000
15538050
75946051050
14320735200
000
15062086
14335797286
25136400
000
646650352
671786752
7053254800
000
9528534690
16581789490
2170708800
8507794
77233527
2256450121
000
6200000
1583768
1433175804
75946051050
14335797286
676054727
16587989490
2258033889
573498046
461488030
13215389
000
269020608
240632
1140000
10519730
103461945
000
000
000
000
70639729
36533268
5144407
000
227945900
24635742
000
56338722
4037473
000
000
000
75513178600
428566225
42192031
12668941
000
8669131
1045956
20259500
7676381
19796294
000
000
000
13737875237
289281684
226389078
33780004
19921984
5962520
60960
000
2236952
91111167
000
000
000
000
4562600263
395448761
133173255
24183807
166457783
885466426
258485438
69920483
9175744465
000
000
000
870210740
1457361945
260969495
28367591
15782180
12962558
89654659
216245816
28962591
64690345
000
000
000
77749092
1432584380
591424
75938453841
7597209
14278749696
57047590
668744349
7310378
16541691421
46298069
2252746272
5287617
1433175804
75946051050
14335797286
676054727
16587989490
2258033889COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
SECRETARY OF STATE
REAL ESTATE
COMMISSION
SOIL AND WATER
CONSERVATION
COMMISSION STATE
SPORTS HALL
OF FAME BOARD
GEORGIA
STUDENT FINANCE
COMMISSION GEORGIA
FUNDS AVAILABLE
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
151660900
000
2229040
153889940
177561200
66463859
000
244025059
5000000
000
000
5000000
000
2181939400
000
477438015
2659377415
Total Funds Available
153889940
244025059
5000000
2659377415
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
MOTOR VEHICLE PURCHASES
EQUIPMENT
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
86936102
13388021
1301096
1641108
1408130
23654716
11369256
4221636
9764605
000
000
000
000
83466829
11919252
5516039
000
829192
3101802
4256160
2087920
77570721
000
000
000
48941285
2200100
1652631
6600
000
10100
000
806235
93635
230097
000
000
000
000
153684670
205270
237689200
6335859
4999398
602
391872095
34538696
5934465
000
1684821
27720756
000
13616276
1674381
000
000
000
2181939400
2658980890
396525
153889940
244025059
5000000
The notes to the financial statements are an integral part of this statement
86 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1990
SUBSEQUENT INJURY
TRUST FUND
TEACHERS
RETIREMENT SYSTEM
EXPENSE FUND
TECHNICAL AND
ADULT EDUCATION
DEPARTMENT OF
TRANSPORTATION
DEPARTMENT OF
VETERANS
SERVICE STATE
DEPARTMENT OF
WORKERS
COMPENSATION
STATE BOARD OF
000 353750000 12759420600 64745749700 1961755300 796636500
000 000 2380551419 28586471367 381659726 000
82642903 470997952 1289379162 1171452530815846 18275873
82642903
824747952
16429351181 105046746375
2343430872
814912373
427244227
64895881283
82642903
824774360
16856595408 169942627658
2343430872
814912373
45734467
3959716
1243089
977648
751026
7874319
5740651
974580
15387407
000
000
000
000
272804312
28533347
2585635
1668700
3823811
94437891
30018372
9971302
26920938
000
000
000
331777387
350040979
40142348
13338221
000
9451519
174871306
41331767
14145285
104136938
828317185
000
000
14614881544
20750421160
6513894923
173250139
143400922
940785098
536356658
126912066
194817835
1030276140
74492209104
000
4574142700
1606315729
458920727
12567419
8777783
000
7418435
201665
22470458
5806684
4652402
000
000
000
1822497157
651151306
36214971
5466835
000
5957403
29984026
62990360
9272984
12557007
000
000
000
000
82642903
000
802541695
22232665
16190657092
665938316
111082782474
58859845184
2343312730
118142
813594892
1317481
82642903
824774360
16856595408 169942627658
2343430872
814912373
87 STATE REVENUE COLLECTIONS FUND
COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITSCOMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1990
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
General Assembly of Georgia
Governor Office of the
Human Resources 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
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 Commission State
Transportation Department of
Workers Compensation State Board of
RENTS ON
CASH BALANCE TAXES FINES INVESTMENT
JULY 1 1989 AND FORFEITS PROPERTIES
13742853 S 000 555714363
57357973 4690000 000
000 000 000
000 5141600 000
000 000 000
000 000 000
114000 000 000
100000 000 000
000 000 000
65386460 000 000
80386042 17102254663 000
2075300 2690000 000
5132518 000 000
000 000 000
8754 276471633 000
000 000 000
000 000 000
242452 1647221339 000
7281987 000 000
000 719475300 000
250000 000 000
000 000 000
72906320 676907192071 000
23223915 000 000
000 000 000
000 000 000
000 000 000
328008574 696665136606 555714363
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 1990
DISBURSEMENTS
TRANSFERS TO
STATE REVENUE COLLECTIONS DEPARTMENT OF ADMINISTRATIVE
EARNINGS FROM
INTEREST FEES RENTS AND SERVICES FISCAL CASH BALANCE
RECEIVED SALES FOR SERVICES 147313741 TOTAL 10297032195 DIVISION JUNE 30 1990
9594004091 10297101944 i 13673104
000 504918027 509608027 511805885 55160115
000 163059820 163059820 163059820 000
000 575537055 580678655 580678655 000
000 228700 228700 228700 000
000 64179956 64179956 64179956 000
000 25272800 25272800 25381800 5000
000 5737783 5737783 5637783 000
000 15789180 15789180 15789180 000
000 1833364755 1833364755 1838682620 60068595
000 107379388 17209634051 17253013539 37006554
000 18500863 21190863 21188063 2078100
000 17469455 17469455 17420713 5181260
000 7855125 7855125 7855125 000
000 1157056307 1433527940 1433513633 23061
000 481885 481885 481885 000
92892562 000 92892562 92892562 000
000 97394333 1744615672 1744349571 508553
000 99650269 99650269 106932256 000
000 1426630817 2146106117 2146106117 000
000 298093800 298093800 298116300 227500
16465562 21355213 37820775 37820775 000
000 3332975859 680240167930 680339116771 26042521
000 1822221087 1822221087 1844819477 625525
000 791000 791000 791000 000
000 104000 104000 92000 12000
000 786557112 786557112 786557112 000
9703362215 12529918330 719454131514 7J9633613242
148526846DEPARTMENT 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 1990
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 TOTAL
DEBT Memorandum Only
5527967280 5527967280
5527967280 5527967280
196847532720 196847532720
Total Assets
5527967280 202375500000 207903467280
LIABILITIES AND FUND EQUITY
I Liabilities
General Obligation Bonds Payable

Fund Equity
Fund Balance
Reserved
For Debt Service
5527967280
202375500000 202375500000
5527967280
Total Liabilities and Fund Equity
5527967280 202375500000 207903467280
Note 1 The 196847532720 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 State of Georgia 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 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 1990
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
Transportation Department of
For Retirement of Bonds
Total Cash Receipts
CASH BALANCE JULY 1 1989
170125110
45279598
35393170600
124845512
3643154488
4574142700
43735313300
1652203730
DISBURSEMENTS
45387517030
Interest on Bonds
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981C
1981D
1982B
1982E
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
1986A
1986B
1986C
1986D
1987A
1987B
1987C
1987D
1987E
1988A
1988B
1988C
65087000
108533250
121290000
86676500
142170250
121396250
167123125
17048750
61442000
75801500
58479375
3866875
20926250
9476500
175509375
113404500
342385750
222526250
49855000
12294000
153411500
74977500
281349250
10783500
95647750
5180000
27874000
237475000
16726500
964061625
104373000
60526250
158225000
2335853750
144873000
290542000
269605000
428632500
349708500
252183875
1450166000
591694750
1054286750
94822000
The notes to the financial statements are an integral part of this statement
96 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FOND
STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
DEBT SERVICE FUND
YEAR ENDED JUNE 30 1990
DISBURSEMENTS
EXPENSE Interest on Bonds 1988D 1989A 1211021500 824000625
1989B 275256125 137385497 50
DEBT RETIREMENT
Bonds Redeemed
1974A 82500000
1974B 1975A 149000000 142500000
li 1975B 1975C 1975D 1975E 1976A 128500000 327500000 149000000 189000000 88000000
1976B 1976C 1976D 1976E 1977A 1977B 1977C 1977D 19 80 A 1981A 1981C 1981D 1982B 1982E 1984B 1984C 1985A 1985B 1985C 1985D 1985E 1985F 1985G 1985H 1986A 1986B 1986C 1986D 1987A 1987B 1987C 1987D 1987E 1988A 1988B 1988C 1988D 1989A 1989B 111000000 375500000 232500000 16500000 74500000 31500000 520500000 578000000 221500000 523000000 120000000 25000000 358500000 130500000 313000000 273000000 95500000 74000000 25500000 3392500000 265500000 299500000 1062000000 53000000 1804000000 1374000000 1060000000 128000000 2593500000 1166000000 131000000 1720500000 617000000 2788000000 345500000 353000000 386000000 987500000 144500000
1990A 94500000 261210000 00
Total Disbursements 398595497 50
CASH BALANCE JUNE 30 1990 55279672 453875170 80 30
Note All paying agents fees and other items of
expense are paid by the Georgia State
Financing and Investment Commission
The notes to the financial statements are an integral part of this statement
97
OLD STATE FIXED DEBT
99OLD STATE FIXED DEBT
Does not include Current Operation Obligations
PLEDGE OF FULL FAITH AND CREDIT
NEGOTIABLE BONDS
JUNE 30 1990 JUNE 30 1989
Due but not presented
General State Bonds of 1838 and 1879
Less Cash Reserve
Net Negotiable Old State Debt
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 Indebtednes
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 S
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 statementSCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGEDSCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGED
Outstanding as of June 30 1990
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
1982D
1982E
1982F
1983A
1983B
1983C
1984A
1984B
1984C
1985A
1985B
1985C
1985D
1985E
1985F
1985G
1985H
1986A
1986B
1986C
1986D
1987A
1987B
1987C
1987D
1987E
1988A
1988B
1988C
1988D
1989A
1989B
1990A
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
7187
7187
4188
4188
6188
6188
4189
7189
3190
ORIGINAL AMOUNT
OF ISSUE
OUTSTANDING
20 000 000 00
38 700 000 00
35 000 000 00
38 400 000 00
50 000 000 00
39 100 000 00
47 720 000 00
8 150 000 00
27 310 000 00
31 890 000 00
26 400 000 00
3 450 000 00
11 535 000 00
6 500 000 00
77 125 000 00
76 820 000 00
64 000 000 00
150 000 000 00
4 000 000 00
52 850 000 00
5 650 000 00
34 310 000 00
121 375 000 00
8 600 000 00
62 470 000 00
53 840 000 00
55 450 000 00
24 140 000 00
76 170 000 00
14 965 000 00
34 900 000 00
126 670 000 00
11 700 000 00
38 000 000 00
3 155 000 00
10 000 000 00
145 645 000 00
11 250 000 00
131 665 000 00
49 000 000 00
23 500 000 00
82 000 000 00
441 575 000 00
52 025 000 00
54 905 000 00
114 320 000 00
121 810 000 00
49 830 000 00
73 005 000 00
233 245 000 00
128 150 000 00
149 495 000 00
18 855 000 00
165 975 000 00
110 175 000 00
77 000 000 00
190 000 000 00
10150
17780
17235
13350
21895
18835
25760
2065
9880
10655
9875
705
3580
1740
32770
22045
44825
18870
None
3235
955
None
8530
None
None
5115
None
None
None
None
None
26405
None
8875
None
2665
None
None
116975
11610
5640
13880
356170
21695
37620
41050
55815
46180
37940
196590
75150
135960
11980
156795
100300
75555
189055
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
00000
MATURITIES
19901999
19901999
19912000
19912000
19902000
19902000
19902000
19911996
19911996
19911996
19901996
19901994
19911997
19911997
19901997
19901997
19912005
19901992
19901991
19901992
19911992
19901992
19901995
19911997
19911997
19902005
1990
19901996
1991
19902000
19901991
19902004
19911992
19912007
19912007
19901992
19902007
19911993
19912008
19911993
19912008
19912009
19902009
19911995
The notes to the financial statements are an integral part of this statement
105SCHEDULE 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 1990
Georgia Highway Authority
Georgia Education Authority Schools
Georgia Education Authority University
Georgia Building Authority
Georgia Building Authority Hospital
Georgia Building Authority Markets
Georgia Building Authority Penal
Georgia Ports Authority
Jekyll Island State Park Authority
Stone Mountain Memorial Association
ORIGINAL
AMOUNT
OF ISSUE
49273500000
52237400000
35898500000
3355000000
8876000000
1392500000
1200000000
4353500000
2137000000
1455000000
OUTSTANDING
0002
0003
0004
36000000
5925000005
1165000005
55000000
511500000
121000000
84500000
1 Constitutional Amendment of 1960 provides that appropriations shall be made in each
year under lease contracts now or hereafter entered 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 In
March 1988 the Commission defeased all remaining issues of Georgia Education
Authority University Bonds
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
Georgia Building Authority Markets
Series 1972
Total FullyFunded Authority Bonds
39500000
116500000
156000000
160178400000
1517000000GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
111GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRHCTION FUND
COMBINED BALANCE SHEET
FDND TYPE AND ACCOUNT GROUP
JUNE 30 1990
Note The audit of the Georgia State Financing and
Investment Commission was performed by an
Independent Public Accounting Firm
GOVERNMENTAL
FUND TYPE
CAPITAL PROJECTS
ACCOUNT GROUP
GENERAL
FIXED ASSETS
TOTAL
Memorandum
Only
Investments
Fixed Assets
Land and Buildings
61305243550 61305243550
380727156791 380727156791
Total Assets
61305243550 380727156791 442032400341

LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Fund Equity
Investment in Fixed Assets
Fund Balance
Reserved
For Capital Projects
Total Fund Equity
511042589 511042589
380727156791 380727156791
60794200961
60794200961
60794200961 380727156791 441521357752
Total Liabilities and Fund Equity
61305243550 380727156791 442032400341
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
CAPITAL PROJECTS FUND
YEAR ENDED JUNE 30 1990
CASH RECEIPTS
Construction Supplements
Agriculture Department of
Corrections Department of
Education Department of
Forestry Commission Georgia
Georgia World Congress Center Authority
Human Resources Department of
Investigation Georgia Bureau of
Natural Resources Department of
Public Safety Department of
Regents of the University System of Georgia Board of
Technical and Adult Education Department of
Veterans Service State Department of
Excess Monies in Escrow Funds
Georgia Education Authority Schools
Interest on Investments
51120600
527623717
7219000000
16725936
1000000
1160858322
4500000
67500000
668480
1537916933
23500000
39953149
10650367137
26306214
4159369331
Premium and Accrued Interest on Bonds Issued
Premium
Accrued Interest on Bonds Issued
Transfers
For Advance Retirement of Bonds
Georgia Building Authority
General Obligation Debt Sinking Fund
Georgia Ports Authority
Jekyll Island State Park Authority
212380
107200956
1985544
3643154488
5716758
993884
3651850674
107413336
For Operations
Georgia State Financing and Investment Commission
Budget Fund
Net Income Receipts
NONINCOME
138000000 3789850674
11153605344
Sale of State of Georgia General Obligation Bonds
Good Faith Deposit Received in Prior Year
Net Cash Receipts
BALANCE JULY 1 1989
Cash
Investments
26700000000
154000000 26546000000
37699605344
460357182
67590716665 67130359483
104829964827
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
CAPITAL PROJECTS FDND
YEAR ENDED JUNE 30 1990
DISBURSEMENTS
Regular Operating Expenses
Per Diem Fees and Contracts
Per Diem and Fees
Total Expense
CAPITAL OUTLAY
Capital Outlay Projects
Total Disbursements
BALANCE JUNE 30 1990
Cash
Investments
38274270
862040436
900314706
43135449160
44035763866
511042589
61305243550 60794200961
S 104829964827
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 statementPUBLIC TRUST FUNDS
COMBINING BALANCE SHEET
BY STATE UNITS
117 COMBINING BALANCE SHEET
BY STATE DNITS
PUBLIC TRUST FUNDS
JUNE 30 1990
STATE UNIT
Administrative Services Department of
Employees Assurance Department State
Employees Retirement System
Judicial System
Superior Courts
Labor Department of
Legislative Retirement System Georgia
Natural Resources Department of
Public Safety Department of
Public School Employees Retirement System
Regents of the University System of Georgia Board of
Secretary of State
Sports Hall of Fame Board Georgia
Subsequent Injury Trust Fund
Teachers Retirement System
Technical and Adult Education Department of
Trial Judges and Solicitors Retirement Fund
CASH AND
TEMPORARY
INVESTMENTS
10161248234
000
169875061
4345602415
107357223928
000
698827107
4740402
000
327726947
193370623
3535373
61433559
718945971
48000
3979128
INVESTMENTS
000
20694692785
299018920493
000
000
909511263
000
000
22948704636
000
000
000
000
892395706172
3500000
1373240040
124046556748 1237344275389
The notes to the financial statements are an integral part of this statement
118COMBINING BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
JUNE 30 1990
ACCOUNTS TOTAL
RECEIVABLE ASSETS
000 10161248234
356836843 21051529628
3502703224 302691498778
000 4345602415
227153705 107584377633
11556307 921067570
5984317076 6683144183
000 4740402
274686081 23223390717
000 327726947
000 193370623
000 3535373
000 61433559
28318091526 921432743669
000 3548000
16291436 1393510604
LIABILITIES AND FUND EQUITY
FUND EQUITY TOTAL
RESERVED LIABILITIES AND
LIABILITIES FUND BALANCE FUND EQUITY
42083515 10119164719 10161248234
000 21051529628 21051529628
155685646 302535813132 302691498778
000 4345602415 4345602415
616795 107583760838 107584377633
4978695 916088875 921067570
000 6683144183 6683144183
000 4740402 4740402
97873852 23125516865 23223390717
000 327726947 327726947
000 193370623 193370623
000 3535373 3535373
000 61433559 61433559
49192354 921383551315 921432743669
000 3548000 3548000
000 1393510604 1393510604
38691636198 1400082468335
350430857 1399732037478 1400082468335
119
PRIVATE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
BY STATE UNITS
121 COMBINING BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1990
STATE UNIT
Administrative Services Department of
Agriculture Department of
Community Affairs Department of
Corrections Department of
Education Department of
Employees Retirement System Administrative Expense Fund
Forestry Commission Georgia
Governor Office of the
Human Resources 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
Natural Resources Department of
Personnel Board State Merit System of Personnel Administration
Public Safety Department of
Regents of the University System of Georgia Board of
Revenue Department of
Secretary of State
Technical and Adult Education Department of
Transportation Department of
Workers Compensation State Board of
CASH AND
TEMPORARY
INVESTMENTS INVESTMENTS
120459414158 000
483009 000
6672973 000
117451 000
77309208 13 50000
103197031 000
10336295 000
3556742 000
1432391362 000
19172808980 000
15351413 000
3908527 000
2036818 000
16985888 000
4149923 000
1901 000
52263609 000
209717804 82932 80217
24276393 000
1381799 000
897311104 000
1392712 000
55345643 000
1001208131 000
7899206 000
143559518080 8294630217
The notes to the financial statements are an integral part of this statement
122 COMBINING BALANCE SHEET
BY STATE UNITS
PRIVATE TRUST AND AGENCY FUNDS
JUNE 30 1990
PREPAID PROPERTY LIABILITIES
ACCOUNTS TOTAL CONTRACTS FUNDS HELD TOTAL
RECEIVABLE EXPENDITURES BONDS ASSETS PAYABLE FOR OTHERS LIABILITIES
000 000 000 120459414158 000 120459414158 120459414158
000 000 000 483009 000 483009 483009
000 000 000 6672973 000 6672973 6672973
000 000 000 117451 000 117451 117451
000 000 000 78659208 000 78659208 78659208
000 000 000 103197031 000 103197031 103197031
000 000 000 10336295 000 10336295 10336295
000 000 000 3556742 000 3556742 3556742
000 000 000 1432391362 000 1432391362 1432391362
000 000 000 19172808980 000 19172808980 19172808980
000 000 000 15351413 000 15351413 15351413
000 000 000 3908527 000 3908527 3908527
000 000 000 2036818 000 2036818 2036818
000 000 000 16985888 000 16985888 16985888
000 000 000 4149923 000 4149923 4149923
000 000 000 1901 000 1901 1901
000 000 000 52263609 000 52263609 52263609
29707085 000 000 8532705106 280 95030 8504610076 8532705106
000 000 33 86100 27662493 000 27662493 27662493
000 000 000 1381799 000 1381799 1381799
000 000 000 897311104 000 897311104 897311104
000 000 000 1392712 000 1392712 1392712
7746925 1 57852 000 63250420 000 63250420 63250420
000 000 000 1001208131 000 1001208131 1001208131
000 000 000 7899206 000 7899206 7899206
37454010 1 57852 33 86100 151895146259 280 95030 151867051229 151895146259
SECTION III
REPORT OF THE STATE AHDITOR OF GEORGIA
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
125COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990
ASSETS CURRENT FUNDS LOAN FUNDS
RESIDENT INSTRUCTION FUND OTHER ORGANIZED ACTIVITIES RESTRICTED FUNDS AUXILIARY ENTERPRISES

Cash and Temporary Investments 4594797297 822293023 10291105 14 4021939828 6239293 60
Investments 252575951 115100 00 647641790 122053 09
Accounts Receivable 2924084324 735993080 40064642 91 418139248 41679857 22
Inventories 480053154 200925808 1439111449
Prepaid Expense 103014474 23334182 6972719
Investment in Plant
Amount to be Provided for Payment of Compensated Absences Payable LeasePurchases

Total Assets
8354525200 1782546093 2988863777 6533805034 4804120391
LIABILITIES AND FUND EQUITY
Liabilities
Accounts Payable
Accrued Payroll
Deposits Held for Others
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
4400871090 1113133345
309084000 41900093
3014949639 99569076
7724904729 1254602514
551603607 512855211
78016864 15088368
168503539
32292202
632067009
832862750
3584741001 4804110032
2988863777 2116201283
629620471 527943579 2988863777 5700942284 4804110032
Total Liabilities and Fund Equity
8354525200 1782546093 2988863777 6533805034 4804120391
The notes to the financial statements are an integral part of this statement
128 COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1990

PLANT FUNDS AGENCY FUNDS ACCOUNT GROUP GENERAL LONGTERM DEBT TOTALS
ENDOWMENT INVESTMENT UNEXPENDED IN PLANT STUDENT PRIVATE ACTIVITIES TRUST Memorandum Only
FUNDS 1990 1989
1931371931 1881381666
4574258667 136400373
18094442 710489788
777841597 3166038749
14072870 44527533
55249695 54726579
492305
217443079570
16790482937 15042434160
5693192493 4333912364
13091227169 12723779757
2120090411 2146788521
133813680 126939794
217443079570 205053285952
S 5930471818
1113246112
5930471818
1113246112
5433567711
1551696831
6523725040 2728271827 217443079570 847656467 3265292861 7043717930 262315604190 246412405090
2346859742
132134
93511157 1885029162
1535221
1380263699
312111180
10007918394 9405153444
384943650 413868298
1380263699 000
4058696904 3673598775
5930471818 5930471818 5433567711
1113246112 1113246112 1551696831
2346991876 407157558 3265292861 7043717930 22875540577 20477885059
217443079570 217443079570 205053285952
5248675331 374434698 42563198 15118983078 15187488600
1275049709
6845253
397935711
6523725040 381279951 217443079570 440498909
6778050480 5587786599
99950485 105958880
239440063613 225934520031
6523725040 2728271827 217443079570 847656467 3265292861 7043717930 262315604190 246412405090
129COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1990 CURRENT FUNDS
RESIDENT INSTRUCTION FUND OTHER EDUCATION
EDUCATION
GENERAL AND GENERAL AND
DEPARTMENTAL DEPARTMENTAL
REVENUES SERVICES SPONSORED TOTAL SERVICES

STATE FUNDS
Allotments from Board of Regents of
the University System of Georgia 73320678600 73320678600 12294895700
OTHER REVENUES RETAINED
Gifts and Grants
Restricted
Research and Instruction 16376074821 16376074821
Student Aid 5023858966 5023858966
Plant Additions
Unrestricted 51319340 51319340 S 1001282367
Tuition and Fees 22903340042 22903340042 602057523
Endowment Income 11117075 288619348 299736423
Patient Billings 11174509989
Rents 52165103 52165103 12939560
Sales and Services 1775745321 36075853 1811821174 983491927
Contract Overhead 2293784327 2293784327 2044658188
Interest Received 55654830 55654830
Indirect Funding Telecommunications
Department of Administrative Services
Other Sources
Transfers Between Funds
For Replacement Projects
Total Other Revenues Retained
302730000
1447227136
302730000
1447227136
55570000
85176237
28893083174 21724628988 50617712162 15959685791
Total Revenues
102213761774 21724628988 123938390762 28254581491
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Total Personal Services
61469054416 8750321122 70219375538 14896821067
4002385266 4017777269 7610977945 265452894 69776668 326370164 4 3 8 00415971 25972960 66222318 649346 173700 4402801237 4343750229 8477200263 266102240 69950368 326370164 88105550039 937029903 1149056474 1837209371 154324538 12541716 42328322
77761794622 103 43755417 i 19029311391
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
Grants to Counties Cities and Civil Divisions
Other Operating Expenses
Publications and Printing
Equipment Purchases
NonInventory
Inventory
Computer Charges
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Operating Expenses
841574042
129473198
145241850
3409146303
2393976438
3226499261
647257652
147738042
196698124
264567
109860924
21659183
30000
668751485
679187166
738320987
4261125306
48394877
442592976
388596933
1173726719
980872252
2230303774
S 434815619 1276389661
16763252
12971716
1228700496
162974250
19802474
8151275
63679944
6649089
13250
393075745
5183361720
3664494
776814758
162270350
130498662
967900220
27555091
70568690
46278738
123984849
696676929
843701960
146236450
158213566
4637846799
2556950688
3246301735
655408927
211417986
203347213
277817
502936669
5205020903
3694494
1445566243
841457516
868819649
5229025526
75949968
513161666
434875671
1297711568
1677549181
3074005734
329221920
44201560
44686523
3163196350
669612329
603370425
72083311
93221428
50443052
1406513
401516641
225465820
128691697
1087196850
26871663
95083608
346981303
365310307
403768216
53382588
22881292059 11380873571 34262165630 8205712104
132COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1990
ORGANIZED ACTIVITIES
UNEXPENDED
AUXILIARY PLANT
ENTERPRISES FUND
TOTALS
Memorandum Only
12294895700
2192500000 87808074300 78870540100
83 997 489 60 8399748960 24775823781 24087594816
48 300 60 4830060 1001282367 392389796 119895678 5028689026 392389796 1172497385 4320593318 872353484 1149029020
602057523 12209455 67 207465991 24726343132 507202414 22751341825 457106571
11174509989 11174509989 9595671066
12939560 38145177 12 1457000 3881079375 3719141091
4 282 016 54 1411693581 2044658188 37411858 59 59186630 7023887244 4338442515 6311549859 4185263701
3629897 91 577852965 996497586 932173794
55570000 358300000 358300000
85176237 8342381 00 67400717 2434042190 2533467068
12229235 48 1222923548 2648572325 000 86809704433 000
88 327 806 74 24792466465 87509534 81 81273585613
8832780674 37087362165 8750953481 4841072325 174617778733 160144125713
4901651423 19798472490 3881147176
93898995204 87351915775
280993426
532869168
265632664
1778800
484700
1603100
1218023329
1681925642
2102842035
156103338
13026416
43931422
213427831
291321309
370931919
3483858
588227
1914321
5985013281 25014324672 4762814641
5834252397
6316997180
10950974217
425689436
83565011
372215907
5369590440
4925354777
10520009809
292555921
100107308
399597157
117882689352 108959131187
259278130 588500050
10003673
11005340
696881837
102316785
57232829
1436125
54278264
9054517
18146
4830060
160085382
41324317
40837070
267728150
27082660
43907039
588424
20376815
73583090
906662872
54205233
55691863
3860078187
771929114
660603254
73519436
147499692
59497569
1424659
4830060
561602023
266790137
169528767
1354925000
53954323
138990647
347569727
385687122
477351306
960045460
24025510
32433296
645959771
252833145
870620904
21851747
43401149
452400
1168158
173500826
125568607
9591765
4645745
1666040
124872063
227396241
82775232
543037133
1888915221 1802419076
232874979
213905429
9143884757
3581712947
4777525893
728928363
380769425
306245931
730217
505529486
5209850963
3694494
2180669092
1233816260
1047940181
6583950526
134550036
653818353
907317461
1910794931
2237675719
4577088327
221358568
172828838
9011397251
3247061213
4586614300
766232898
423064199
274288278
929492
464681466
4547370764
815000
1753936515
1187588849
608685167
6464586090
146425513
480039845
794656844
1773862795
2162874150
4823071350
2788511525 10994223629 3185799732
48442188991 45714788461COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1990
CURRENT FUNDS
RESIDENT INSTRUCTION FUND
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
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
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Other Expenditures
Publications and Printing
Equipment Purchases
NonInventory
Inventory
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Capital Outlay
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
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
Grants to Counties Cities and Civil Divisions
Other Expenditures
Publications and Printing
Equipment Purchases
NonInventory
Inventory
Computer Charges
Software
Real Estate Rentals
Telecommunications
Per Diem Fees and Contracts
Per Diem and Fees
Contracts
Total Other
Total Expenditures
Excess of Revenues over Expenditures
651542165
31514178
20505309
58368583
761930235
10735746
120017
1226700
28258330
54200393
6639
55000000
1581807
282136
25966476
21084117
9557679
25434055
419814912
16320
6728508
1596612
6975282
14851948
52736680
1498104592
102141191273
72570501
651542165 246604636
31514178
20505309
58368583
S 761930235
10735746
120017
1226700
28258330
54200393
6639
55000000
1581807
282136
25966476
21084117
9557679
25434055
419814912
16320
6728508
1596612
6975282
14851948
52736680
14051535
11807373
25246878
452520
93589
318578
298575109
11450984
227474
37019726
10034845
12098154
3961328
1650513
359473
10042837
6312385
5568793
9458938
30598426
90911
2466868
5194479
15023002
542183668
S 1498104592 1002317913
21724628988 123865820261 28237341408
000 72570501 17240083
102213761774 21724628988 123938390762 28254581491
The notes to the financial statements are an integral part of this statement
134 COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 3C 1990
2l
ORGANIZED ACTIVITIES
UNEXPENDED TOTALS
SPONSORED TOTAL AUXILIARY ENTERPRISES PLANT FUND Memorandum Only
1990 1989
9620139 588439 389235 9620139 588439 389235 6918972 423845 281857
772625 772625 640342
11370438 127104 3130 90451614 93093269 774653357 9320519 6990904 105464 220100 1502613 1708636 258756268 269713655 1554674 5915000 872022 235904568 3092742630 11370438 127104 3130 90451614 93093269 774653357 9320519 6990904 105464 220100 1502613 1708636 258756268 269713655 1554674 5915000 872022 235904568 3092742630 8265016 000 000 83444243 86247142 576911939 174528 631702 239300 216350 777558 19145709 98178221 269456176 3004380 204908205 3045572 90232739 1746649877
4855005965 4855005965 3191528657
17999222 941917 687183 2108940 85789 264603858 14993452 12494556 27355818 538309 93589 916146023 46507630 32999865 85724401 538309 93589 722154146 42590186 25203784 74740367 332749 100692
318578 320398160 318578 1082328395 380663
J 21823051 865502587
553363 12004347 227474 22740093 347491 1226700 18491420 308932 000
6253222 43272948 71531278 78433299
88700 10123545 12098154 3961328 64323938 12104793 58961328 16170237 10819166 30470976
3443109 5093622 359473 6675429 359473 2108264 515876
30279 10073116 10355252 25966476 104226 11196752 18556722
494491 6806876 27890993 17492846
206930 5775723 15333402 8674273
972469 10431407 35865462 17826139
1483400 32081826 451896738 307535003
298718 389629 405949 3450563
748010 3214878 9943386 1596612 21123974 1089439
2841161 8035640 15010922 9787707
886672 15909674 30761622 28160217
19132293 561315961 614052641 568798793
59255868 1061573781 2559678373 2036617411
j 8832780674 37070122082 7948614373 4855005965 1 73739562681 1 59902065716
000 17240083 802339108 13933640 878216052 242059997
8832780674 37087362165 i 8750953481 4841072325 1 74617778733 1 60144125713
135
UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
137UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUNDS AND ACCOUNT GROUP INCLUDED IN FINANCIAL STATEMENTS
The accounts of the units of the University System of Georgia are organized on the basis of funds and account group each of which is
considered a separate accounting entity The operations of each fund are accounted for with a separate set of selfbalancing accounts that
comprise its assets liabilities fund equity revenues and expenditures or expenses as appropriate Resources are allocated to and accounted
for in individual funds based both upon the source of the resources and upon the purposes for which expenditures are to be made
The accompanying financial statements account for all State Federal private and other sources of revenue under the control of the units of the
University System of Georgia unless otherwise disclosed in these notes and are presented in conformity with the accounting practices prescribed
or permitted by statutes and regulations of the State of Georgia which is a comprehensive basis of accounting other than generally accepted
accounting principles Funds and the account group presented in this report are as follows
CURRENT FUNDS
RESIDENT INSTRUCTION FUND The fund used to account for both the unrestricted and restricted economic resources of the various units of the
University System of Georgia which are expendable for purposes of performing the primary functions of the units ie instruction research
and public service
OTHER ORGANIZED ACTIVITIES The fund used to account for both the unrestricted and restricted economic resources of the various units of the
University System of Georgia which are for specialized instructional activities not budgeted through the Resident Instruction Fund
RESTRICTED FUNDS The fund used to record restricted revenue and transfers of such funds to the Resident Instruction Fund the Other
Organized Activities and the Unexpended Plant Fund for restricted use in current operations andor plant additions
AUXILIARY ENTERPRISES The fund used to account for various institutional services provided to students faculty or staff of the various
units of the University System of Georgia which are funded by fees charged to participants that are directly related to but not necessarily
equal to the cost of the service
LOAN FUNDS
The fund used to account for receipts disbursements and fund balances of various funds held by the various units of the University System of
Georgia for the purpose of making educational loans to students Separate identity is maintained of the various types of loan funds
administered by each unit of the University System of Georgia
ENDOWMENT FUNDS
The fund used to account for donated assets that donors have stipulated be retained for investment purposes by the various units of the
University System of Georgia The income derived from investing endowment assets may by restricted to a particular purpose unrestricted or
added to the principal depending on the terms of the gift instrument
PLANT FUNDS
UNEXPENDED PLANT FUND The fund used to account for financial resources utilized to acquire or to construct physical properties for the
various units of the University System of Georgia
INVESTMENT IN PLANT The account group in which are shown the total amounts representing the book value of all physical properties owned by
the various units of the University System of Georgia Net Investment in Plant is an equity account showing the total book value of physical
properties belonging to the various units less the amount of any indebtedness to others
AGENCY FUNDS
STUDENT ACTIVITIES The fund used to account for revenue generated by student activity fees etc and related expenditures made on behalf of
the students by the various units of the University System of Georgia
PRIVATE TRUST The fund used to account for resources held by the various units of the University System of Georgia as custodian or fiscal
agent for individual students faculty staff members and organizations
ACCOUNT GROUP
GENERAL LONGTERM DEBT The account group used to record the noncurrent portions of certain governmental longterm liabilities such as
leasepurchase agreements and compensated absences payable from future resources This method of recording the noncurrent portion of certain
longterm liabilities is in accordance with generally accepted governmental accounting principles
BASIS OF ACCOUNTING
The units of the University System of Georgia maintain all funds on the modified accrual basis of accounting This basis of accounting is
defined as that method of accounting in which expenditures other than accrued interest of general longterm debt are recorded at the time
liabilities are incurred and revenues are recorded when received in cash except for material or available revenues which should be accrued to
reflect properly the revenues earned Contractual obligations for services which have not been performed and for goods which have not been
delivered at the end of the fiscal year are recognized as expenditures and liabilities in the accompanying financial statements The
recognition of encumbrances of this nature as expenditures and liabilities is in accordance with Georgia Law and provisions of State budgetary
policy but is not consistent with generally accepted accounting principles which provide for the recording of encumbrances as a reservation of
fund balance
NOTE 2 INVENTORIES
Inventories of both consumable supplies and goods for resale are recorded at cost as assets in the Resident Instruction Fund Other Organized
Activities and Auxiliary Enterprises at the time of purchase
NOTE 3 INVESTMENTS
Investments purchased are recorded at cost and donated investments are recorded at fair market value as of the date of the gift
NOTE 4 GENERAL FIXED ASSETS
To the extent that Current Funds Unexpended Plant Fund and Agency Funds Student Activities are used to finance plant assets the amounts so
provided are accounted for as expenditures The balance shown on the Combined Balance Sheet as Investment in Plant reflects the accumulated
expenditures made for general fixed assets through Current Funds Unexpended Plant Fund and Agency Funds Student Activities and also include
expenditures made for general fixed assets expended by the Georgia Education Authority University andor the Georgia State Financing and
Investment Commission on behalf of the various units of the University System of Georgia
138UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1990
NOTE 4 GENERAL FIXED ASSETS
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 5 RESERVE FOR HEALTH BENEFIT SELFINSURANCE PROGRAM
As provided for by Section 58 of the Amended Appropriations Act of 19891990 the Board of Regents of the University System of Georgia was
authorized to utilize current year surpluses for the purpose of funding health benefit reserves At June 30 1990 the units of the University
System of Georgia had 35418325 in current year funds available for funding of the Health Benefit SelfInsurance Program From this reserve
1599065 will be remitted to the Augusta College SelfInsured Hospital Insurance Program and the remaining balance of 33819260 will be
remitted to the Administrative Central Office of the Board of Regents of the University System of Georgia The current years surpluses of the
University of Georgia were transferred to the University of Georgia SelfInsured Hospital Insurance Program prior to June 30 1990
NOTE 6 OTHER FINANCIAL NOTES REPORTING CHANGES
For the prior year student notes at June 30 1989 were reported as investments For the year under review student notes are reported as
accounts receivable Comparative data for the year ended June 30 1989 have been reclassified to conform to this reporting change
For comparative purposes the Combined Statement of Funds Available and Expenditures shown in the report for the year ended June 30 1989 has
been restated and is reported as a Combined Statement of Revenues and Expenditures
NOTE 7 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 8 GENERAL LONGTERM DEBT
COMPENSATED ABSENCES PAYABLE x
In accordance with State policy the cost of annual and sick leave is recorded as an expenditure when paid rather than when earned
All regular employees of the various units of the University System of Georgia earn annual leave ranging from one and onequarter days to one
and threequarter days each month depending upon the employees length of continuous State service with maximum accumulation of fortyfive days
Employees are paid for unused accumulated annual leave upon retirement or termination of employment Funds are provided in the appropriation of
State funds to the Board of Regents of the University System of Georgia each year to cover the cost of annual leave of terminated employees
All regular employees of the various units of the University System of Georgia earn one day of sick leave each month with no maximum
accumulation established Sick leave does not vest with the employee and unused accumulated sick leave is forfeited upon retirement or
termination of employment
CHANGES IN GENERAL LONGTERM DEBT
A summary of changes in General LongTerm Debt for the year ended June 30 1990 follows
Balance July 1 1989
Annual Leave Earned and Utilized Net
Additions
Retirements
Balance June 30 1990
Compensated
Absences
5433567711
496904107
LeasePurchases
1551696831
277896779
716347498
5930471818 1113246112
The liability for compensated absences at June 30 1990 has been adjusted to reflect current salary and wage costs
The liability for leasepurchase agreements at June 30 1990 includes only those agreements for which the units of the University System of
Georgia have recorded assets acquired through cancellable leasepurchase agreements as additions to general fixed assets for acquisition cost at
the inception of the agreement
NOTE 9 RETIREMENT PLAN
Substantially all teachers administrative and clerical personnel are members of the Teachers Retirement System of Georgia which is a
contributory defined benefit plan The System is funded through a combination of employee and employer contributions During the fiscal year
ended June 30 1990 the units of the University System of Georgia contributed 1363 of salaries to the Teachers Retirement System of Georgia
The units of the University System of Georgia have no further liability under the plan other than the future contributions to the plan as
established
NOTE 10 CONTINGENCIES
PENDING LITIGATIONS
The various units of the University System of Georgia are defendants in several lawsuits involving various matters The actual liability if
any
in these matters was not determinable
139UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
141UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
REGENTS SCHOLARSHIP FUND
On June 30 1990 the Regents Scholarship Fund of the various units of the University System of Georgia had an uncommitted balance of 1322184
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 1322184 by unit of the University System of Georgia is as follows
University
Georgia Institute of Technology
Senior Colleges
Armstrong State College
Clayton State College
Kennesaw State College
TwoYear Colleges
Abraham Baldwin Agricultural College
Dalton College
703884
15100
91600
199900
51700
260000

1322184
AGENCY FUNDS STUDENT ACTIVITIES
On June 30 1990 three units of the University System of Georgia had deficit fund balances in their Student Activities Fund as follows
Senior Colleges
Albany State College 6645889
Savannah State College 17531550
TwoYear College
Middle Georgia College 224091
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 1990 the fund balances of the Endowment Funds of the following two 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
Corrective action should be implemented by the above units of the University System of Georgia to comply with the above stated accounting
procedure
GENERAL FIXED ASSETSPROPERTY MANAGEMENT
The audits of the various units of the University System of Georgia disclosed that in many cases unidentified variances existed at
June 30 1990 between the subsidiary equipment inventory records and the general ledger control accounts Applicable findings are disclosed in
the individual audit reports of the following units of the University System of Georgia
TwoYear Colleges
South Georgia College
Waycross College
Senior Colleges
Armstrong State College
Augusta College
Fort Valley State College
Georgia Southwestern College
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
Our review of internal controls and substantive testing in the various units of the University System of Georgia for compliance with Federal
requirements in the administration of Federal programs disclosed instances of noncompliance Our findings cover a wide range of problems and
include deficiencies in the general and specific requirements applicable to Federal financial assistance programs Applicable findings are
disclosed in the individual audit reports of the following units of the University System of Georgia
142 UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES Senior Colleges TwoYear Colleges Albany State College Abraham Baldwin Agricultural College Armstrong State College Atlanta Metropolitan College Augusta College Bainbridge College Clayton State College Brunswick College Columbus College Dalton College
Fort Valley State College Darton College
Georgia College DeKalb College Georgia Southern College East Georgia College Georgia Southwestern College Floyd College Kennesaw State College Gainesville College North Georgia College Gordon College Savannah State College Macon College Southern College of Technology Middle Georgia College Valdosta State College South Georgia College West Georgia College Waycross College Other Skidaway Institute of Oceanography ACCOUNTING CONTROLS OVERALL Our study and evaluation of the system of internal accounting control disclosed that the following units had not provided for adequate separation of duties in the performance of certain accounting functions and related procedures Senior Colleges TwoYear Colleges Georgia Southern College Middle Georgia College North Georgia College Waycross College Valdosta State College Other Skidaway Institute of Oceanography STUDENT ACCOUNTS RECEIVABLEDEFERRED FEES Audit reports of prior years have disclosed deficiencies in the administration of student accounts receivable by certain units of the University System of Georgia In the year under review these deficiencies continued and included such matters as deferment of student fees and receivables not supported by documented financial aid Those units which had significant problems in one or both of these categories are as follows Senior Colleges Senior Colleges Albany State College Savannah State College Armstrong State College Southern College of Technology Fort Valley State College Valdosta State College Georgia College TwoYear College Georgia Southern College Abraham Baldwin Agricultural College EMPLOYEE COMPENSATION For the year ended June 30 1990 the salary listing submitted to the Department of Audits was not reconciled to the Colleges general ledger for the following units of the University System of Georgia Senior Colleges Fort Valley State College Valdosta State College Controls should be established to ensure that the salary listing submitted is accurate and reconciled with the general ledger 143
UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
The Findings and Improper or Questioned Costs Section of the individual audit
relative to the financial operations
shown in the individual audit reports
The Fine improper or yuescionea loses section or cne maiviauai auun reports details unusual situations deficiencies or other problems
relative to the financial operations of each unit of the University System of Georgia The following comments disclose the material findings
olinun i n fh itidivi dual iud L t reoor t s
SENIOR COLLEGES
AUGUSTA COLLEGE
REVENUERECEIVABLESRECEIPTS
Theft of Funds
The audit report for the year ended June 30 1989 disclosed that an internal audit conducted by Augusta College revealed missing cafeteria
funds totaling 515074 As a result of this internal audit a warrant was initiated by the College for the arrest of a cafeteria employee on
the charge of theft by taking In addition the College established an account receivable for 515074 in the Auxiliary Enterprises Fund for
the surety bond claim In the period under review 101678 was recovered from the employee in question and this amount was applied against
the account receivable leaving a balance of 413396 As of the date of this audit no further action has been taken on this matter
GEORGIA SOUTHERN COLLEGE
ACCOUNTING CONTROLS OVERALL
AccountingInternal Control Deficiencies
For the year under review the accounting records of Georgia Southern College were found to be inadequate in several areas Material weaknesses
were noted in internal accounting control procedures in the areas of cash and temporary investments revenuereceipts tuition and fees and
journal entries
Appropriate action should be taken by the College to ensure that adequate controls are established to correct the deficiencies noted above
GENERAL LEDGER
Student Notes Loan Funds
For the year under review an examination of the student notes receivable records disclosed variances between the receivable listing and the
general ledger of 1185163 for the Perkins Loan Fund and 17863 for the College Loan Fund These variances could not be accounted for or
identified by the College
The College should establish controls to ensure that the student notes receivable records are reconcilable to the general ledger The College
should identify the student accounts involved in the variances and adjust the records accordingly
SOUTHERN COLLEGE OF TECHNOLOGY
REVENUERECEIVABLESRECEIPTS
Returned Checks
During the year under review documentation provided by the College revealed a balance of 5962893 in returned checks which were not reflected
on the Colleges financial statements Further review revealed the subsidiary listing of returned checks to be inaccurate The College should
analyze the returned checks to determine the actual amount due to the College and appropriate adjustments should be made to record the returned
checks on the general ledger accounts Appropriate action should be taken to collect all returned checks on hand
VALDOSTA STATE COLLEGE
GENERAL LEDGER
Student Notes Loan Funds
The audit report for the year ended June 30 1989 reported that the General Ledger Control Accounts of the Perkins Loan Fund Nursing Student
Loan Fund and the Short Term Notes Loan Fund were not in balance with the subsidiary records as presented for examination For the year under
review our examination disclosed that the Short Term Notes Loan Fund was in balance with the subsidiary records at June 30 1990 however the
Perkins Loan Fund and the Nursing Student Loan Fund had not been corrected as of June 30 1990 Appropriate procedures should be implemented by
the College to ensure that general ledger accounts of all Loan Funds are balanced with appropriate subsidiary records
CASH AND CASH EQUIVALENTS
During the year ended June 30 1990 the Colleges accounting procedures were insufficient to provide for adequate internal control over the
bank reconciliation process The following deficiencies were noted
1 All monthly bank statements were not reconciled to the general ledger Audit adjustments were necessary to reconcile the accounting
records with bank statements
2 Book errors disclosed through the bank reconciliation process were carried as reconciling items for extended periods of time
3 There was no administrative review to determine that bank reconciliations were correct and that all required adjustments had been
made
4 Bank reconciliations were not prepared on a timely basis which resulted in excessive delays in correcting reconciling items
The College should establish internal controls to ensure that monthly bank statements are reconciled with the accounting records and that needed
adjustments are recorded on a timely basis
INVESTMENTS
Unauthorized Bond Trading
The audit report for the year ended June 30 1989 reported that the College had engaged in speculative bond trading with Auxiliary Enterprise
funds This unauthorized investment practice resulted in total net losses of 310077945 An investigation conducted by the Board of Regents
of the University System of Georgia with assistance by the State Attorney Generals office the Georgia Bureau of Investigation the Georgia
Department of Banking and Finance and the Securities Division of the Georgia Secretary of State resulted in the conviction of an employee for a
violation of the Georgia Computer Systems Protection Act and delivering a false official certificate and writing Subsequent to
June 30 1990 Valdosta State College received 100000000 from a bonding company and will also receive an additional settlement from other
sources of 25000000 over a period of five years
144UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1990
INDIVIDUAL AUDIT REPORTS
SENIOR COLLEGES
WEST GEORGIA COLLEGE
REVENUERECEIVABLESRECEIPTS
Theft of Funds
The audit report for the year ended June 30 1989 called attention to an internal audit conducted by West Georgia College that revealed missing
library fines totaling 849920 A total of 270217 was recovered in the year ended June 30 1989 and a total of 126736 was recovered
during the year under review By order of the court restitution of the remaining balance of 452967 is due from the individual involved to
be paid to the Clerk of Court of Carroll County at a rate of 7500 per month beginning May 1 1989 These funds will be remitted by the Court
to West Georgia College
During the year under review the Colleges Bookstore Business Office reported missing buyback funds totaling 53500 As of June 30 1990
the offense of theft by taking was under investigation by College Security As of the date of this audit no further action has been taken on
this matter
TWOYEAR COLLEGE
DEKALB COLLEGE

EXPENDITURESLIABILITIESDISBURSEMENTS
Auxiliary Enterprises Fund
During the year ended June 30 1986 contributions to the DeKalb College Foundation and the Presidents Discretionary Fund of 3000000 and
2335973 respectively were made from the Auxiliary Enterprises Fund Further examination revealed that an additional contribution of
500000 was made from the Auxiliary Enterprises Fund to the Presidents Discretionary Fund during the year ended June 30 1985 Expenditures
of this nature are beyond the customary scope of expenditures for educational purposes as required by Official Code of Georgia Annotated Section
202411 This section of the Code was applicable when the College was considered a part of the DeKalb County Board of Education
Reimbursement of 5835973 should be secured for deposit to the Auxiliary Enterprises Fund
145COMBINING BALANCE SHEETS
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA BY FUNDS
147 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1990
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
UNIVERSITIES
Georgia Institute of Technology 1309596488 i 000 i 2 23448227 i 82666359 3756179 5 1619467253
Georgia State University 674519447 000 3 71395421 30645599 22945674 1099506141
Medical College of Georgia 383828203 000 2 02688702 4557706 000 591074611
University of Georgia 94164885 000 13 95764907 171145663 17090667 1489836352
SENIOR COLLEGES
Albany State College 54852418 000 31235808 9885038 000 95973264
Armstrong State College 47346402 000 30069060 3305372 4767216 85488050
Augusta College 25201724 1671 16079 27673685 7314125 4629885 181532050
Clayton State College 159002471 254 59872 3503482 6068111 157100 194191036
Columbus College 95778125 000 51907821 8220734 540500 156447180
Fort Valley State College 82032037 000 30059851 4290863 000 116382751
Georgia College 27490946 600 00000 37103779 10797457 10376489 145768671
Georgia Southern College 284899079 000 1 35679513 19740566 475658 440794816
Georgia Southwestern College 63214849 000 35574123 5976170 4845950 109611092
Kennesaw State College 198443845 000 4642119 13081058 000 216167022
North Georgia College 54865794 000 26432183 4645640 114947 86058564
Savannah State College 77730588 000 4725389 7677874 000 90133851
Southern College of Technology 130324687 000 38590573 11664114 4172767 184752141
Valdosta State College 156429370 000 84994361 13927820 7007363 262358914
West Georgia College 130522484 000 30000000 17229229 16115176 193866889
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College 37510987 000 7846596 7471334 412100 53241017
Atlanta Metropolitan College 48668906 000 17136274 5230820 000 71036000
Bainbridge College 15689276 000 852162 1147474 35500 17724412
Brunswick College 36330816 000 9456054 1764504 266000 47817374
Dalton College 42316207 000 16670688 2956934 3098338 65042167
Darton College 51463695 000 35459823 4564616 000 91488134
DeKalb College 241329219 000 8059059 6982604 494428 256865310
East Georgia College 6216832 000 70400 406685 889640 7583557
Floyd College 28384519 000 3533714 1655823 000 33574056
Gainesville College 33923695 000 1231315 1053937 000 36208947
Gordon College 79104096 000 1491578 1838384 301485 82735543
Macon College 68599413 000 18469917 1669175 000 88738505
Middle Georgia College 28348000 000 21648568 7507142 56900 57560610
South Georgia College 50776197 000 10166026 2038018 424512 63404753
Waycross College 14624815 000 6503146 926206 40000 22094167
OTHER
Skidaway Institute of Oceanography
000
4594797297 252575951 2924084324 480053154 103014474 8354525200
The notes to the financial statements are an integral part of this statement
148COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1990
LIABILITIES AND FUND EQUITY
FUND EQUITY
UNRESERVED
FUND BALANCE
LIABILITIES RESERVED SURPLUS DUE TO BOARD OF TOTAL TOTAL
ACCOUNTS ACCRUED DEFERRED TOTAL LIABILITIES AND
PAYABLE PAYROLL REVENUE LIABILITIES FUND BALANCE REGENTS FUND EQUITY FUND EQUITY
1 947429078 1749 10573 393568669 1515908320 90027302 13531631 103558933 1619467253
505903447 229 79827 496597926 1025481200 68745540 5279401 74024941 1099506141
501911869 000 56188650 558100519 26879354 6094738 32974092 591074611
730034330 1109 95122 490625468 1331654920 145700000 12481432 158181432 1489836352
49855271 000 31334036 81189307 7576040 7207917 14783957 95973264
34589386 000 46765397 81354783 3703019 430248 4133267 85488050
90470627 000 81240150 171710777 8773694 1047579 9821273 181532050
122872728 000 63356880 186229608 6239292 1722136 7961428 194191036
70679699 1 98478 77167510 148045687 8044600 356893 8401493 156447180
70870782 000 26499100 97369882 11514725 7498144 19012869 116382751
66647212 000 65537877 132185089 12900330 683252 13583582 145768671
242825520 000 174645682 417471202 23380527 56913 23323614 440794816
61172865 000 43394700 104567565 4994471 49056 5043527 109611092
34877018 000 167033805 201910823 12883033 1373166 14256199 216167022
45143304 000 35386120 80529424 5239559 289581 5529140 86058564
53998477 000 24477200 78475677 9371690 2286484 11658174 90133851
102449217 000 66205750 168654967 13958843 2138331 16097174 184752141
109302079 000 129433631 238735710 18137825 5485379 23623204 262358914
67580338 000 108019196 175599534 17777306 490049 18267355 193866889
19510051 000 25829363 45339414 7754160 147443 7901603 53241017
32644846 000 31671400 64316246 5537161 1182593 6719754 71036000
8279268 000 10111606 18390874 865861 199399 666462 17724412
27988239 000 17290056 45278295 2103278 435801 2539079 47817374
35512246 000 25135604 60647850 3443195 951122 4394317 65042167
51380271 000 33622900 85003171 5673454 811509 6484963 91488134
102489960 000 142453800 244943760 7903855 4017695 11921550 256865310
5788972 000 3053150 8842122 1329229 70664 1258565 7583557
13222473 000 17877010 31099483 2154255 320318 2474573 33574056
4000064 000 30351020 34351084 1363480 494383 1857863 36208947
63145816 000 13515700 76661516 5955805 118222 6074027 82735543
40361060 000 45954480 86315540 2376462 46503 2422965 88738505
30829167 000 16775100 47604267 9558454 397889 9956343 57560610
44604344 000 15530103 60134447 3024914 245392 3270306 63404753
12501066 000 8300600 20801666 1103074 189427 1292501 22094167
000
000
4400871090 309084000 3014949639 7724904729 551603607 78016864 629620471 8354525200
149 UNIVERSITIES
COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1990
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
Georgia Institute of Technology
Education Extension Services
Georgia Tech Research Institute
Medical College of Georgia
Eugene Talraadge 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
50069361 84426463 000 191 16124 53473226
208397833 35755603 000 37 16458 247869894
483464743 503415910 200925808 000 1187806461
598447 000 000 000 598447
6724207 000 000 000 6724207
43676529 103291316 000 000 146967845
110110 110110 000 000 000
65093259 4300 000 000 65097559
288027 875944 000 000 587917
3348751 267600 000 000 3616351
13180283 000 000 000 13180283
19576586 6814971 000 000 26391557
OTHER
Skidaway Institute of Oceanography
28699883
501600
30232346
822293023 735993080 200925808
23334182 1782546093
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 1990
LIABILITIES AND FUND EQUITY
LIABILITIES
ACCOUNTS
PAYABLE
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
23253213 4666501 544 32524 82352238 29949712 1070700 28879012 53473226
243072735 3407904 000 2 39664831 200184 8004879 8205063 247869894
647469669 000 000 6 47469669 540336792 000 540336792 1187806461
360058 000 000 360058 74793 163596 238389 598447
6237239 000 000 6237239 311907 175061 486968 6724207
83517159 19240766 403 16580 1 43074505 000 3893340 3893340 146967845
000 000 000 000 000 000 000 000
42910763 16674279 48 19972 64405014 000 692545 692545 65097559
68738 515687 000 584425 000 3492 3492 587917
2927829 635670 000 3563499 000 52852 52852 3616351
11111141 1624289 000 12735430 000 444853 444853 13180283
23945814 1950805 000 25896619 000 494938 494938 26391557
28258987 000 000 28258987 1881247 92112 1973359 30232346
1113133345 41900093 995 69076 12 54602514 512855211 15088368 527943579 1782546093
COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESTRICTED FUNDS
JUNE 30 1990
UNIVERSITIES
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesvi1le College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
Skidaway Institute of Oceanography
ASSETS FU1 TOTAL
CASH AND ID EQUITY
TEMPORARY ACCOUNTS TOTAL UNRESERVED
INVESTMENTS INVESTMENTS RECEIVABLE ASSETS FUND BALANCE
1705562180 5 000 19 46257017 i 240694837 2 40694837
132051458 000 1 78205012 310256470 3 10256470
499214761 000 1 78703722 677918483 6 77918483
349478432 000 10 64875981 1414354413 14 14354413
1721780 000 29896075 31617855 31617855
3453840 000 17329186 20783026 20783026
15151380 000 7324527 22475907 22475907
190118933 000 2 03514442 13395509 13395509
127935 11510000 8324769 19706834 19706834
71799376 000 1 14990560 43191184 43191184
172185 000 13281634 13109449 13109449
11969477 000 42167570 30198093 30198093
42619055 000 4374735 46993790 46993790
8719195 000 6148291 14867486 14867486
6193101 000 6947752 13140853 13140853
807777 000 13598810 14406587 14406587
9675559 000 6787199 16462758 16462758
24590174 000 26479126 1888952 1888952
6757989 000 10438140 3680151 3680151
17246916 000 20316709 3069793 3069793
4708701 000 742886 5451587 5451587
12279660 000 12643644 363984 363984
11595108 000 12028561 433453 433453
14548425 000 14703654 155229 155229
410347 000 4859905 5270252 5270252
2430157 000 887874 3318031 3318031
320107 000 2228142 2548249 2548249
18380656 000 18000543 380113 380113
1154918 000 1154918 000 000
4894 000 000 4894 4894
1414555 000 2653255 1238700 1238700
4588041 000 2134 4590175 4590175
8735333 000 11418343 2683010 2683010
7717374 000 11939126 4221752 4221752
6487905 000 13240049 6752144 6752144
1029110514 5 11510000 40 06464291 i 2988863777 29 88863777
The notes to the financial statements are an integral part of this statement
153
COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1990
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
UNIVERSITIES
Georgia Institute of Technology 1 2 55586489 5200 05000 145727783 298798379 1392159 i 1221509810
Georgia State University 4 14812872 000 54748531 1547200 000 471108603
Medical College of Georgia 1 23180328 000 308270 38320219 000 161808817
University of Georgia 17 02992949 000 14119702 395227815 000 2112340466
SENIOR COLLEGES
Albany State College 2184738 000 31347960 15864333 000 45027555
Armstrong State College 39678987 000 17332028 17374954 000 74385969
Augusta College 57085705 000 7994063 20367496 000 85447264
Clayton State College 85358687 000 1206045 10583198 000 97147930
Columbus College 11563302 256 59025 6045305 44815330 000 88082962
Fort Valley State College 1 10083401 000 26670960 23689926 000 160444287
Georgia College 22429116 400 00000 7071722 37395956 000 106896794
Georgia Southern College 2 81697728 000 19060835 95365555 97900 396222018
Georgia Southwestern College 30668606 000 4056983 21029902 000 55755491
Kennesaw State College 68202377 000 4569298 45092741 000 117864416
North Georgia College 76714328 308 31653 13522761 31829680 000 152898422
Savannah State College 87799616 000 6852637 21109917 000 115762170
Southern College of Technology 21275300 000 6052895 26363436 153660 53845291
Valdosta State College 60344139 000 13501136 71506195 320000 24983192
West Georgia College 3 37337904 000 000 58789027 000 396126931
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College 44153147 000 5110022 19671291 000 68934460
Atlanta Metropolitan College 000 000 000 000 000 000
Bainbridge College 9437069 000 904350 4296851 000 14638270
Brunswick College 20712493 000 2227164 10526564 000 33466221
Dalton College 30069627 000 1645967 12353313 000 44068907
Darton College 31557458 000 3194977 6200219 000 40952654
DeKalb College 2102537 000 10014467 52132097 9000 64258101
East Georgia College 13456052 000 263217 3120978 000 16840247
Floyd College 2075480 311 46112 86219 8894138 000 42201949
Gainesville College 62915149 000 1381892 6660833 000 70957874
Gordon College 15207645 000 1293647 9081889 000 25583181
Macon College 58625057 000 2672476 12132006 000 73429539
Middle Georgia College 32075969 000 7683793 7936177 5000000 52695939
South Georgia College 28407180 000 955404 6828631 000 36191215
Waycross College 6824630 000 506739 4170428 000 11501797
OTHER
Skidaway Institute of Oceanography
34775
4021939828 647641790 418139248 1439111449
6972719 6533805034
The notes to the financial statements are an integral part of this statement
154COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1990
LIABILITIES AND FUND EQUITY
LIABILITIES FUND EQUITY TOTAL
ACCOUNTS ACCRUED DEFERRED TOTAL RESERVED UNRESERVED TOTAL LIABILITIES AND
PAYABLE PAYROLL REVENUE LIABILITIES FUND BALANCE FUND BALANCE FUND EQUITY FUND EQUITY
55392491 5935620 158568043 219896154 690188468 3 11425188 5 1001613656 1221509810
301056 40350 7756875 8098281 141049563 3 21960759 463010322 471108603
5744543 000 9671321 15415864 125703090 20689863 146392953 161808817
43599932 26316232 153277857 223194021 914746666 9 74399779 1889146445 2112340466
247780 000 5058600 5306380 38885918 835257 39721175 45027555
3453089 000 2277645 5730734 49850669 18804566 68655235 74385969
2563691 000 471800 3035491 63575494 18836279 82411773 85447264
1149156 000 000 1149156 55457101 40541673 95998774 97147930
445194 000 1254700 1699894 60136911 26246157 86383068 88082962
84565 000 13496620 13581185 69754729 77108373 146863102 160444287
3045296 000 18635184 21680480 85216314 000 85216314 106896794
5954392 000 69902939 75857331 95365555 2 24999132 320364687 396222018
1429013 000 11880000 13309013 42446478 000 42446478 55755491
1027439 000 000 1027439 89209377 27627600 116836977 117864416
4061862 000 17884516 21946378 96760014 34192030 130952044 152898422
000 000 9369400 9369400 85397154 20995616 106392770 115762170
1986183 000 13489400 15475583 38369708 000 38369708 53845291
30666764 000 70372900 101039664 152614259 2 28670731 76056472 24983192
1484486 000 40860376 42344862 255327214 98454855 353782069 396126931
465005 000 14827379 15292384 53642076 000 53642076 68934460
000 000 000 000 000 000 000 000
444939 000 000 444939 10390274 3803057 14193331 14638270
14507 000 000 14507 32524673 927041 33451714 33466221
309233 000 000 309233 30930727 12828947 43759674 44068907
841187 000 180127 1021314 34539641 5391699 39931340 40952654
219848 000 000 219848 64038253 000 64038253 64258101
153734 000 000 153734 7095416 9591097 16686513 16840247
1452408 000 000 1452408 23055984 17693557 40749541 42201949
442296 000 97100 539396 37406914 33011564 70418478 70957874
119712 000 2115750 2235462 13706034 9641685 23347719 25583181
837843 000 000 837843 43344685 29247011 72591696 73429539
119695 000 6920777 7040472 45655467 000 45655467 52695939
74750 000 3697700 3772450 27902594 4516171 32418765 36191215
371450 000 000 371450 10418806 711541 11130347 11501797
000
000
34775
391517
426292
168503539
32292202 632067009 832862750 3584741001 S 2116201283 5700942284 6533805034
155COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
LOAN FUNDS
JUNE 30 1990
CASH AND
TEMPORARY
INVESTMENTS
UNIVERSITIES
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
123426219
12151499
31140143
337647665
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
3844635
2220319
5058555
3533985
3315996
11280457
38776673
5825998
7799804
306678
7222250
4812731
8171156
9319302
9149765
7439597
000
142020
2835923
000
750253
2593509
125100
000
000
114082
30190
3232230
4426639
410257
Skidaway Institute of Oceanography
623929360
The notes to the financial statements are an integral part of this statement
156COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
LOAN FUNDS
JUNE 30 1990
ACCOUNTS TOTAL
INVESTMENTS RECEIVABLE ASSETS
000 j 4 78571460 6 01997679
000 3 34832166 3 46983665
000 6 73536550 7 04676693
5344396 10 11368473 13 54360534
000 43224728 47069363
000 1707919 3928238
000 55289447 60348002
000 5335321 8869306
6300000 58210363 67826359
132500 1 98958581 1 87810624
000 1 07011920 1 45788593
000 2 94326862 3 00152860
000 72791189 80590993
000 22645042 22338364
46875 80101729 87370854
000 84949324 89762055
189938 58673537 67034631
000 1 56960728 1 66280030
000 1 74874276 1 84024041
191600 1 25052489 1 32683686
000 000 000
000 883042 1025062
000 1525161 4361084
000 000 000
000 654051 1404304
000 10072782 12666291
000 109600 234700
000 000 000
000 000 000
000 1154111 1268193
000 874965 905155
000 14351159 17583389
000 99795527 1 04222166
000 143220 553477
LIABILITIES AND FUND EQUITY
LIABILITIES
ACCOUNTS
PAYABLE
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000
10359
000
000
000
000
000
000
000
000
000
FUND EQUITY
RESERVED
FUND BALANCE
601997679
346983665
704676693
1354360534
470
39
603
88
678
1878
1457
3001
805
223
873
897
670
1662
1840
69363
28238
48002
69306
26359
10624
88593
52860
90993
38364
70854
62055
24272
80030
24041
132683686
000
1025062
4361084
000
1404304
12666291
234700
000
000
1268193
905155
17583389
104222166
553477
TOTAL
LIABILITIES AND
FUND EQUITY
601997679
346983665
704676693
1354360534
470
39
603
88
678
1878
1457
3001
805
223
873
897
670
1662
1840
69363
28238
48002
69306
26359
10624
88593
52860
90993
38364
70854
62055
34631
80030
24041
132683686
000
1025062
4361084
000
1404304
12666291
234700
000
000
1268193
905155
17583389
104222166
553477
12205309 4167985722 4804120391
10359 4804110032 4804120391COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
ENDOWMENT FUNDS
JUNE 30 1990
CASH AND
TEMPORARY
INVESTMENTS
UNIVERSITIES
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
Skidaway Institute of Oceanography
50077738
6812666
4670275
1362944216
132
62
133
I
101
1605
120
63
626
134
477
158
2032
000
09153
35091
31928
69498
70421
36494
56566
02552
84505
23503
09243
97214
52364
000
000
000
5292573
4076662
000
000
000
2173535
2484965
1398160
000
000
10077829
19273411
6607395
1931371931
The notes to the financial statements are an integral part of this statement
158 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
ENDOWMENT FUNDS
JUNE 30 1990
ACCOUNTS TOTAL FUND EQUITY
RESERVED UNRESERVED TOTAL
INVESTMENTS RECEIVABLE ASSETS FUND BALANCE FUND BALANCE FUND EQUITY
3032286490 i 000 2982208752 2153077905 829130847 2982208752
000 000 6812666 4459125 2353541 6812666
445975998 000 441305723 441305723 000 441305723
664995049 000 2027939265 1717796546 310142719 2027939265
000 000 000 000 000 000
000 000 13209153 13207753 1400 13209153
12495970 000 18731061 18731061 000 18731061
000 000 13331928 13331928 000 13331928
56639329 000 56808827 56663343 145484 56808827
67890913 000 78061334 78061334 000 78061334
88815505 000 249351999 180774224 68577775 249351999
000 000 12056566 12030265 26301 12056566
46534899 000 52837451 35470282 17367169 52837451
2303098 000 64987603 64987603 000 64987603
103266105 166 46746 133336354 133336354 000 133336354
000 14 47696 49156939 43200000 5956939 49156939
000 000 15897214 14111835 1785379 15897214
49047502 000 252299866 221704774 30595092 252299866
000 000 000 000 000 000
000
000
000
4007809
000
000
0
0
0
0
0
0
0
0
0
00
00
00
00
00
00
00
00
00
000 000 000 000 000
000 000 000 000 000
000 5292573 5045165 247408 5292573
000 8084471 6258779 1825692 8084471
000 000 000 000 000
000 000 000 000 000
000 000 000 000 000
000 2173535 1867515 306020 2173535
000 2484965 2000000 484965 2484965
000 1398160 1072250 325910 1398160
000 000 000 000 000
000 000 000 000 000
000 10077829 9724397 353432 10077829
000 19273411 14815363 4458048 19273411
000 6607395 5641807 965588 6607395
4574258667 18094442 6523725040 5248675331 1275049709 6523725040
159 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1990
UNIVERSITIES
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
CASH AND
TEMPORARY ACCOUNTS
INVESTMENTS INVESTMENTS RECEIVABLE
272931271 000 48965712
36571510 000 39779463
88737039 000 000
532497848 000 2310085
10753361 000 5899379
2096030 000 000
4327470 000 1548509
258138051 000 230500000
6372036 000 1460742
1939271 000 2639166
13476770 000 1394850
174680573 000 22738470
939105 000 15485828
12125405 000 14945236
26068742 000 000
45332191 000 262899315
12833620 000 000
25621182 000 19666209
31740305 000 000
41463901 000 173146
97730 000 000
000 000 000
120452530 000 000
310600 000 000
4670489 000 000
165162125 128989035 5125721
7761965 000 000
57960169 7411338 000
000 000 000
15576730 000 000
12266943 000 000
19178 000 30000000
4000866 000 000
4239049 000 4957957
Skidaway Institute of Oceanography
000
1881381666 136400373 710489788
The notes to the financial statements are an integral part of this statement
160 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1990
LIABILITIES AND FUND EQUITY

TOTAL ACCOUNTS
ASSETS PAYABLE
321896983 321862524
3207953 3207953
88737039 83914292
534807933 529068735
16652740 16033623
2096030 2096030
5875979 4681448
488638051 488565878
7832778 7804169
699895 1242600
14871620 14763753
197419043 197853916
16424933 16405400
2819831 2752546
26068742 26068192
308231506 308685043
12833620 12833620
45287391 44657937
31740305 31740305
41637047
97730
000
120452530
310600
4670489
299276881
7761965
65371507
000
15576730
12266943
30019178
4000866
718908
40929210
000
000
1707800
267900
4745335
63847750
676697
64631673
000
18968278
530112
30019178
4001000
713100
FUND EQUITY
UNRESERVED
FUND BALANCE
LIABILITIES RESERVED SURPLUS DUE TO BOARD OF TOTAL TOTAL
ACCRUED TOTAL LIABILITIES AND
PAYROLL LIABILITIES FUND BALANCE REGENTS FUND EQUITY FUND EQUITY
000 321862524 000 34459 i 34459 321896983
000 3207953 000 000 000 3207953
000 83914292 50400 4772347 4822747 88737039
132134 529200869 5562600 44464 5607064 534807933
000 16033623 619117 000 619117 16652740
000 2096030 000 000 000 2096030
000 4681448 1125371 69160 1194531 5875979
000 488565878 72173 000 72173 488638051
000 7804169 21725 6884 28609 7832778
000 1242600 542705 000 542705 699895
000 14763753 8766 99101 107867 14871620
000 197853916 436223 1350 434873 197419043
000 16405400 000 19533 19533 16424933
000 2752546 67285 000 67285 2819831
000 26068192 000 550 550 26068742
000 308685043 549537 96000 453537 308231506
000 12833620 000 000 000 12833620
000 44657937 608904 20550 629454 45287391
000 31740305 000 000 000 31740305
000 40929210 61387 646450 707837 41637047
000 000 000 97730 97730 97730
000 000 000 000 000 000
000 1707800 118744730 000 118744730 120452530
000 267900 42700 000 42700 310600
000 4745335 80871 6025 74846 4670489
000 63847750 234537357 891774 235429131 299276881
000 676697 7085268 000 7085268 7761965
000 64631673 714198 25636 739834 65371507
000 000 000 000 000 000
000 18968278 3391548 000 3391548 15576730
000 530112 11736831 000 11736831 12266943
000 30019178 000 000 000 30019178
000 4001000 134 000 134 4000866
000 713100 7432 13240 5808 718908
31919
1583745
1615664
1615664
2728271827 2346859742
132134 2346991876 374434698
6845253 381279951 2728271827COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
INVESTMENT IN PLANT
JUNE 30 1990
UNIVERSITIES
Georgia Institute of Technology
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
1516387528
799716376
559367428
910758931
19186904525
8039037758
11919705319
28992452996
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
Skidaway Institute of Oceanography
1 67421172 17 483833 58
25825382 14 526606 00
2 04761149 20 003412 38
48372616 21 461610 73
1 34953975 24 372444 83
1 26154817 33 274717 11
52802921 27 002171 03
19356941 51 742555 50
558000 21 077616 32
12747700 24 769468 03
29725143 21 839658 79
32597516 27 119400 03
80598473 20 974237 82
1 58951421 37 095276 58
55218425 38 312173 51
67
1361
99
1053
72
989
2871
152
169
111
178
439
18
173
197
44125 1827237375
63571 711007504
26900 390890982
01636 706956821
46530 962761328
11273 741895115
48700 4993106252
85945 209638274
49000 869515363
99000 825772538
50789 1008609161
70717 829542821
40000 1425750765
32148 1479041714
99000 346162646
44946000 134272192
5776891248 125705779673
The notes to the financial statements are an integral part of this statement
162COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
INVESTMENT IN PLANT
JUNE 30 1990
ASSETS TOTAL
INVESTMENT IN PLANT FUND EQUITY
IMPROVEMENTS INVESTMENT
OTHER THAN DUE TO CONSTRUCTION TOTAL IN GENERAL
BUILDINGS EQUIPMENT OTHER FUNDS IN PROGRESS ASSETS FIXED ASSETS
1488460506 18631708397 4013821 S 199017962 41018465097 41018465097
224791256 7046113094 000 000 16109658484 16109658484
237711153 8963292554 000 191365009 21871441463 21871441463
1708836002 22999162760 44036683 000 54567174006 54567174006
270186629 650867305 000 000 2836858464 2836858464
119087260 595860239 000 000 2193433481 2193433481
184497670 803340668 000 000 3192940725 3192940725
276790706 475652912 000 000 2946977307 2946977307
155980218 963242622 000 000 3691421298 3691421298
261363667 728228838 000 000 4443219033 4443219033
191655963 668999892 000 000 3613675879 3613675879
239824460 3260571406 000 000 8694008357 8694008357
111750377 576748068 000 000 2796818077 2796818077
80918207 979556750 000 000 3550169460 3550169460
205755777 486811652 000 000 2906258451 2906258451
449688856 648982558 000 000 3843208933 3843208933
78372212 1166738477 000 000 3423132944 3423132944
236573627 1276612832 000 000 5381665538 5381665538
181884484 1149906712 000 000 5218226972 5218226972
294072714 436195795 000 000 2564250009 2564250009
64548889 275311255 000 000 1187031219 1187031219
56021192 92825178 000 180918 549845170 549845170
61230068 252834244 000 000 1126322769 1126322769
137895926 393794268 000 000 1501698052 1501698052
18721948 319011924 000 000 1178540260 1178540260
341544242 1170853744 000 000 6792652938 6792652938
70912159 120997383 000 000 416833761 416833761
68937379 332086887 000 000 1287488629 1287488629
50363307 212611353 000 000 1099946198 1099946198
71622666 272653738 000 000 1370736354 1370736354
132026494 289165048 000 000 1294705080 1294705080
133268334 290637051 000 000 1851496150 1851496150
82046816 216753045 000 000 1795173723 1795173723
43108708 168670563 000 000 577740917 577740917
90469202 280176978 000 000 549864372 549864372
8420919074 77196976190 48050504 390563889 217443079570 217443079570
163 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1990
UNIVERSITIES
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
Skidaway Institute of Oceanography
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE EXPENSE ASSETS
48550110 S 000 8982900 43200 57576210
140031629 000 15000 000 140046629
4334004 000 000 000 4334004
150442487 000 000 000 150442487
6433833 000 6721278 000 287445
25545851 000 119551 000 25665402
18196664 000 155600 000 18352264
19523270 000 71400 59800 19654470
15817050 12000000 474340 000 28291390
775270 000 3936942 000 4712212
16865724 000 102063 000 16967787
73050839 000 32361493 000 105412332
23926885 000 170773 18000 24115658
58058038 000 13600 000 58071638
15316228 000 39600 166445 15522273
12892925 000 779375 000 12113550
42332751 000 215720 51000 42599471
34731465 000 000 000 34731465
36402327 000 000 000 36402327
9590646 000 975344 000 10565990
5177182 000 000 000 5177182
919676 000 000 000 919676
5570530 000 000 000 5570530
1979922 000 9200 000 1989122
1910714 000 000 000 1910714
24400397 000 000 000 24400397
599809 000 3000 000 602809
2139051 2072870 5156 000 4217077
11653835 000 000 000 11653835
713892 000 000 153860 867752
1759552 000 000 000 1759552
1495700 000 78960 000 1574660
3807590 000 8400 000 3815990
1549267 000 10000 000 1559267
777841597
14072870
55249695
492305 847656467
The notes to the financial statements are an integral part of this statement
164 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1990
LIABILITIES AND FUND EQUITY
LIABILITIES FUND EQUITY TOTAL
ACCOUNTS ACCRUED DEFERRED TOTAL RESERVED UNRESERVED TOTAL LIABILITIES AND
PAYABLE PAYROLL REVENUE LIABILITIES FUND BALANCE FUND BALANCE FUND EQUITY FUND EQUITY
17861831 916059 000 18777890 195 57192 19241128 38798320 57576210
23324933 619162 85857750 109801845 000 30244784 30244784 140046629
000 000 1644750 1644750 000 2689254 2689254 4334004
8139112 000 13967500 22106612 000 128335875 128335875 150442487
1920534 000 5012800 6933334 000 6645889 6645889 287445
3210024 000 9717320 12927344 000 12738058 12738058 25665402
1173808 000 6265000 7438808 8 25165 10088291 10913456 18352264
961606 000 6531360 7492966 000 12161504 12161504 19654470
1149342 000 9577600 10726942 000 17564448 17564448 28291390
199570 000 3003000 3202570 000 1509642 1509642 4712212
000 000 2420200 2420200 000 14547587 14547587 16967787
21739582 000 56664113 78403695 000 27008637 27008637 105412332
000 000 5922000 5922000 000 18193658 18193658 24115658
1818817 000 19390700 21209517 000 36862121 36862121 58071638
1555541 000 4785220 6340761 000 9181512 9181512 15522273
000 000 5418000 5418000 000 17531550 17531550 12113550
000 000 6905200 6905200 221 80841 13513430 35694271 42599471
1989913 000 18442300 20432213 000 14299252 14299252 34731465
297178 000 16093600 16390778 000 20011549 20011549 36402327
10670 000 2793000 2803670 000 7762320 7762320 10565990
1413629 000 1298000 2711629 000 2465553 2465553 5177182
14591 000 272500 287091 000 632585 632585 919676
193814 000 1899000 2092814 000 3477716 3477716 5570530
142380 000 584600 726980 000 1262142 1262142 1989122
392757 000 1068200 1460957 000 449757 449757 1910714
3956267 000 14471467 18427734 000 5972663 5972663 24400397
000 000 93000 93000 000 509809 509809 602809
207377 000 678900 886277 000 3330800 3330800 4217077
955925 000 6292100 7248025 000 4405810 4405810 11653835
111206 000 755000 866206 000 1546 1546 867752
000 000 1305200 1305200 000 454352 454352 1759552
383751 000 1415000 1798751 000 224091 224091 1574660
166519 000 921800 1088319 000 2727671 2727671 3815990
220480 000 645000 865480 000 693787 693787 1559267
93511157
1535221 312111180 407157558 42563198 397935711 440498909 847656467
165COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS PRIVATE TRUST
JUNE 30 1990
CASH AND
TEMPORARY
INVESTMENTS
UNIVERSITIES
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 State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGES
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
DeKalb College
East Georgia College
Floyd College
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
Skidaway Institute of Oceanography
319582685
313215101
574351572
1575754910
4575732
57354718
9464630
7153501
1985149
23261243
26507133
66272943
3159413
29156786
18025665
17100563
21686895
30676890
27817044
17379245
3570849
2152307
4604464
6587815
6161973
21311781
1283626
1223394
4244815
2975435
11760823
3622356
8160878
1281155
3166038749
The notes to the financial statements are an integral part of this statement
COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS PRIVATE TRUST
JUNE 30 1990
ACCOUNTS TOTAL LIABILITIES
ACCOUNTS DEPOSITS HELD TOTAL
INVESTMENTS RECEIVABLE ASSETS PAYABLE FOR OTHERS LIABILITIES
000 000 319582685 214382757 105199928 319582685
000 135 313215236 27508731 285706505 313215236
000 000 574351572 491378552 82973020 574351572
000 000 1575754910 887577375 688177535 1575754910
000 150729 4726461 000 4726461 4726461
000 000 57354718 40049433 17305285 57354718
000 000 9464630 2449166 7015464 9464630
000 000 7153501 4480250 2673251 7153501
900000 7240155 10125304 4461034 5664270 10125304
000 000 23261243 13755966 9505277 23261243
40000000 000 13492867 7901607 5591260 13492867
000 24772119 91045062 65599703 25445359 91045062
000 2828123 5987536 3421930 2565606 5987536
000 7153709 36310495 20508588 15801907 36310495
000 000 18025665 6475609 11550056 18025665
000 000 17100563 9221945 7878618 17100563
000 149279 21836174 7383440 14452734 21836174
000 4771 30681661 15321251 15360410 30681661
000 000 27817044 12528504 15288540 27817044
000 000 17379245 5389731 11989514 17379245
000 000 3570849 2452640 1118209 3570849
000 4280154 2127847 1190016 937831 2127847
000 136609 4741073 1953001 2788072 4741073
000 000 6587815 2532190 4055625 6587815
000 000 6161973 3400107 2761866 6161973
000 513960 21825741 11041828 10783913 21825741
000 000 1283626 908450 375176 1283626
3627533 15858 4866785 2300372 2566413 4866785
000 1063180 5307995 3564181 1743814 5307995
000 000 2975435 2548193 427242 2975435
000 000 11760823 5714849 6045974 11760823
000 6006235 9628591 3607712 6020879 9628591
000 345703 8506581 3259822 5246759 8506581
000 000 1281155 760229 520926 1281155
44527533 5
54726579 3265292861 1885029162 1380263699 3265292861
167WO