Report of the State Auditor of Georgia, year ended June 30, 1991

Ill
REPORT
or THE
STATE AUDITOR
OF
GEORGIA
YEAR ENDED JUNE 30
1991
RECEIVED
FEB 1 5 mi
bUUJMLNlS
HfiA LIBRARIESREPORT
OF THE
STATE AUDITOR
OF
GEORGIA
YEAR ENDED JUNE 30
1991
s

GW HOGAN
STATE AUDITOR
404 6562174
TAX RATIO
404 6560494
department oi JVttfrtts
254 WASHINGTON STREET SW
ROOM 214
Atlanta geargta 303348400
December 31 1991
FINANCIAL AUDITS
404 6562180
PROGRAM AUDITS
404 6562006
r
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 1991
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
COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES OF
ALL STATE AGENCIES AND CURRENT FUNDS AND UNEXPENDED PLANT FUNDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
Page
4
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
COMBINED STATEMENT OF CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS ALL GOVERNMENTAL FUND TYPES
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
FINDINGS AND IMPROPER OR QUESTIONED COSTS
STATE REVENUE RECEIPTS
Summary of State Revenue Receipts
Detail of State Revenue Receipts by Class
STATISTICS
State Revenue Receipts
Distribution of Revenue Receipts by Purpose
Distribution of Revenue Receipts by Object
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
Balance Sheet Governmental Fund Type
Statement of Changes in Fund Balance Governmental Fund Type
Statement of Funds Available and Expenditures General Fund
Analysis of Appropriation Allotments
BUDGET FUND
Balance Sheet of All State Units
Excluding Units of the University System of Georgia
Combining Balance Sheet by State Units
Statement of Funds Available and Expenditures of All State Units
Excluding Units of the University System of Georgia
Combining Statement of Funds Available and Expenditures by State Units
STATE REVENUE COLLECTIONS FUND
Combining Statement of Cash Receipts and Disbursements by State Units
DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
Combined Balance Sheet Governmental Fund Type and Account Group
Statement of Cash Receipts and Disbursements Debt Service Fund
OLD STATE FIXED DEBT
SCHEDULE OF GENERAL OBLIGATION BONDS FOR THE PAYMENT OF WHICH THE STATE OF
GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE IS PLEDGED
SCHEDULE OF VARIOUS AUTHORITY BONDS OUTSTANDING FOR THE PAYMENT OF WHICH THE
STATE OF GEORGIA IS OBLIGATED AND THE GOOD FAITH OF THE STATE IS PLEDGED
GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
Combined Balance Sheet Governmental Fund Type and Account Group
Statement of Funds Available and Expenditures Capital Projects Fund
14
18
22
26
32
42
43
51
52
54
56
57
59
60
65
68
72
76
90
95
96
101
105
109
113
114TABLE OF CONTENTS
SECTION II
ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
PUBLIC TRUST FUNDS
Combining Balance Sheet by State Units
PRIVATE TRUST AND AGENCY FUNDS
Combining Balance Sheet by State Units
Page
118
122
SECTION III
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED BALANCE SHEET OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
COMBINED STATEMENT OF REVENUES AND EXPENDITURES OF ALL UNITS OF THE
UNIVERSITY SYSTEM OF GEORGIA CURRENT FUNDS AND UNEXPENDED PLANT FUND
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 Trust
128
132
138
142
150
152
155
156
158
160
162
164
166
168COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
GOVERNMENTAL FUND TYPES
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
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 1n Debt Service Fund
Amount to be Provided for Payment of
General Obligation Bonds
Accrued Compensated Absences
LeasePurchases
Penalties and Assessments
96196807111 J
3332975204
11727966919
127405834766
3617972140
94825781632
89770648
58584008
4295314780
J 80478818236
1006769707
Total Assets
99529782315 237667326105
58584008 J
4295314780 j 81485587943
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Contracts Payable
Grants Payable
Accrued Payroll
Due to Other Funds
Payroll W1thhold1ngs
Deferred Revenue
Incurred but not Reported Claims
Health Claim Expense
Contractors Retalnage Escrow Deposits
Vouchers Payable
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
Total Liabilities
Fund Equity
Investment 1n General Fixed Assets
Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for Fiscal Year 1992
General Appropriation
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
For Subsequent Years Expenditures
Surplus
Total Fund Equity
94757327410
89096652519
7510950471
712052863
3332975204
767109619
658486868
10760500000
3125483484
23946494959
94757327410 t 139910705987
000
4772454905
000
000
97756620118
4772454905 97756620118 J
I 536126638
1706718446
229537428
1560500
1560500 j 2472382512
58584008
4293754280
t 79013205431
58584008 I 4293754280 S 79013205431
Total Liabilities and Fund Equity 99529782315 j 237667326105 58584008 S 4295314780 81485587943
The notes to the financial statements are an Integral part of this statement
4 COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES AND UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
ACCOUNT GROUPS UNITS OF THE TOTAL Memorandum
FIDUCIARY FUND TYPES GENERAL FIXED ASSETS GENERAL LONGTERM DEBT UNIVERSITY SYSTEM OF GEORGIA S
PUBLIC PRIVATE TRUST AND AGENCY Only
TRUST JUNE 30 1991 JUNE 30 1990
114504034161 J 167357585276 16151824492 J 410292116747 417219340155
1402184172069 9944830106 8531454370 1501139274781 1312637341649
41754779912 35522150 12647456482 2122147382 182850363017 5740119522 98158756836 157400587942 6167994330 116923092370
30327028 149216 000 119659281 239906173 000 220163642 3386100
t 448081390667
4293754280
231818245720
14169805396
117385357
1814827900
233537401622
6280797050
733742329
681618792289
4293754280
231818245720
20450602446
851127686
1814827900
673615198122
5527967280
196847532720
19436430601
1484511993
1590336600
t 1558473313170 S 177338086748 448081390667 S 252214018653 S 280124483008 1 3139267887397 2909073883504
285329015 58701319
177279385429
J 2
36112000000
14169805396
117385357
1814827900
392429523
68454222
4506076822
9289382702
1858643379
6280797050
733742329
536126638
90803370965
7510950471
1104482386
98158756836
767109619
5164563690
10760500000
3125483484
33809445423
1560500
179138028808
236112000000
20450602446
851127686
1814827900
511042589
89549041194
11024517397
446146345
116923092370
1009465705
4562359058
000
3002186488
37183871429
1560500
153247314928
202375500000
19436430601
1484511993
1590336600
285329015 S 177338086748
S 252214018653 23129526027 690108936852 642347377197
448081390667
J 233537401622 681618792289 673615198122
000
23422515
4772454905
000
000
000
5516316947
000
241695094
97756620118
58584008
4293754280
79254900525
99471802600
148526846
5527967280
61168635659
1558187984155
S 1558187984155
000 S 448081390667
4731193636
10453688579
46659651
7984318399
4731193636
1568641672734
46659651
7984318399
000
4649199819
1409784822841
42563198
6778050480
000
j 256994956981 5 2449158950545 S 2266726506307
j 1558473313170 t 177338086748 j 448081390667 252214018653 t 280124483008 t 3139267887397 t 2909073883504COMBINED 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 1991
7COMBINED 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 1991
GENERAL
BUDGET
FUND BALANCES JULY 1
Reserved
Unreserved
Designated for Appropriation
Designated for Subsequent Years Expenditures
Surplus
ADDITIONS
Due from Other Funds
Budget Fund
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
General Fund
Budget Fund
Unreserved Fund Balance Surplus
Returned to General Fund
Change in Accounting Principle
Conversion to Accrual Basis of Accounting
Fund Balance Carried Over from
Prior Year as Funds Available
5539739462 99471802600
000
0J50
5539739462 S 99471802600
3332975204
68454222
13778307489
1439479701 102355939928
1 4772454905 116202701639
3332975204
17224569344
S 5539739462 97360339573
5539739462 S 117917884121
FUND BALANCES JUNE 30
4772454905 97756620118
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
AND
CURRENT FUNDS AND UNEXPENDED PLANT FUNDS OF ALL UNITS
OF THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1991
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
UNITS OF THE
UNIVERSITY SYSTEM
OF GEORGIA
TOTALS
Memorandum Only
YEAR ENDED
JUNE 30 1991
YEAR ENDED
JUNE 30 1990
148526846 5527967280 60794200961 5023634517 176505871666 193451755986
5105065060
000
5105065060
000
9100000000
4125449802
7813043815
148526846 5527967280 60794200961 10128699577 S 181610936726 S 214490249603
3332975204 1837147276
68454222 99950485
234435427 14012742916 13027299646
58584008 i 4293754280 S 80846089715 794444708 189788292340 160033543246
j 58584008 S 4293754280 80846089715 t 1028880135 S 207202464682 S 174997940653
3332975204 1837147276
68454222 68454222 99950485
1832884284
j 148526846 5527967280 60794200961
17224569344 2394587807
1832884284 000
169370774122 203545567962
148526846 1 5527967280 S 62627085245 S 68454222 t 191829657176 207877253530
58584008 S 4293754280 79013205431 j 11089125490 196983744232 181610936726
9 SECTION II
REPORT OF THE STATE AUDITOR OF GEORGIA
OF
ALL STATE AGENCIES
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
11 COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
13 COMBINED BALANCE SHEET
ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
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 1n Debt Service Fund
Amount to be Provided for Payment of
General Obligation Bonds
Accrued Compensated Absences
LeasePurchases
Penalties and Assessments
GENERAL BUDGET STATE REVENUE COLLECTIONS DEBT SERVICE
96196807111 t 11727966919 58584008 f 4295314780
3264520982 127405834766 3617972140 94757327410 89770648
Total Assets
99461328093 j 237598871883
58584008 j 4295314780
LIABILITIES AND FUND EQUITY
Liabilities
Cash Overdraft
Contracts Payable
Grants Payable
Accrued Payrol1
Due to Other Funds
Payroll Withholding
Deferred Revenue
Incurred but not Reported Claims
Health Claim Expense
Contractors Retalnage Escrow Deposits
Vouchers Payable
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
Total Liabilities
Fund Equity
Investment 1n General Fixed Assets
Fund Balances
Reserved
Designated for Appropriation to
Department of Transportation
Designated for Fiscal Year 1992
General Appropriation
Midyear Adjustment Reserve
Revenue Shortfall Reserve
Federal Funds Matching Funds and Other
State Revenue Collections Unfunded
Debt Service Funds
Capital Projects
Public Trust Funds
Unreserved
Surplus
Total Fund Equity
94757327410
89096652519
7510950471
712052863
3264520982
767109619
658486868
10760500000
3125483484
23946494959
t 94757327410 139842251765
000
4704000683
000
000
t 97756620118
1560500
58584008
4293754280
t 4704000683 97756620118
58584008 42937542B0
Total Liabilities and Fund Equity
t 99461328093 237598871883 J
58584008 t 4295314780
The notes to the financial statements are an Integral part of this statement
14 COMBINED BALANCE SHEET ALL FUND TYPES AND ACCOUNT GROUPS
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
ACCOUNT GROUPS
FIDUCIARY FUND TYPES GENERAL FIXED ASSETS GENERAL LONGTERM DEBT TOTALS fMemorandum Only
CAPITAL PUBLIC PRIVATE TRUST TRUST AND AGENCY
PROJECTS JUNE 30 1991 JUNE 30 1990
t 114504034161 J
80478818236 1402184172069
1006769707 41754779912
30327028
167357585276
9944830106
35522150
149216
000
t 448081390667
394140292255 400428857218
1492607820411 1306944149156
4293754280
170202906535
3617972140
98021848392
120246892
000
448081390667
4293754280
144309360773
4047903919
116723191400
86349962
3386100
456172118552
5527967280
231818245720
14169805396
117385357
1814827900
231818245720
14169805396
117385357
1814827900
196847532720
13505958783
371265881
1590336600
j 81485587943 t 1558473313170 t 177338086748 448081390667 S 252214018653 t 2859006495945 t 2646558378344
536126638
1706718446
536126638
90803370965
7510950471
712052863
98021848392
767109619
658486868
511042589
89549041194
11024517397
61202695
16723191400
1009465705
503662154
229537428
285329015 S
58701319
10760500000
3125483484
24520062721
000
3002186488
27175953035
177279385429
t 2
36112000000
14169805396
117385357
1814827900
1560500
77279385429
36112000000
14169805396
117385357
1814827900
1560500
151867051229
202375500000
13505958783
371265881
1590336600
2472382512
285329015 S 177338086748
252214018653 t 666910956603 j 619271935650
448081390667
t 448081390667 456172118552
000
23422515
79013205431
4704000683
000
000
97756620118
58584008
4293754280
79013205431
000
5416366462
000
99471802600
148526846
5527967280
60794200961
t 1558187984155
1558187984155 1399732037478
j 79013205431 i 1558187984155
t 448081390667
S 2192095539342 2027286442694
j 81485587943 S 1558473313170 177338086748 448081390667 t 252214018653 t 2659006495945 t 2646558378344
15COMBINED 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 1991
17 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 1991
GENERAL
BUDGET
FUND BALANCES JULY 1
Reserved
Unreserved
Designated for Appropriation
Surplus
ADDITIONS
Due from Budget Fund
Adjustments to Prior Years Receivables Payables
Revenues and Expenditures
Excess of Funds Available over Expenditures
DEDUCTIONS
Due to General Fund
Unreserved Fund Balance Surplus
Returned to General Fund
Change in Accounting Principle
Conversion to Accrual Basis of Accounting
Fund Balance Carried Over from
Prior Year as Funds Available
5439788977 99471802600
000
000
5439788977 99471802600
3264520982
13778307489
1439479701 102355939928
4704000683 S 116134247417
3264520982
17224569344
5439788977 97360339573
5439788977 117849429899
FUND BALANCES JUNE 30
4704000683 97756620118
The notes to the financial statements are an integral part of this statement
18 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 1991
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
TOTALS
Memorandum Only
YEAR ENDED
JUNE 30 1991
YEAR ENDED
JUNE 30 1990
148526846 5527967280 60794200961 171382286664 188687351684
000
000
9100000000
7707084935
S 148526846 j 5527967280 S 60794200961 S 171382286664 t 205494436619
3264520982 1737196791
13778307489 12647606421
58584008 4293754280 80846089715 188993847632 159074440513
58584008 j 4293754280 80846089715 t 206036676103 173459243725
3264520982 1737196791
17224569344 2394587807
1832884284 1832884284 000
148526846 S 5527967280 60794200961 169270823637 203439609082
148526846 S 5527967280 S 62627085245 i 191592798247 S 207571393680
58584008 S 4293754280 S 79013205431 i 185826164520 S 171382286664
19 COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1991
21COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
0
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1991
GENERAL
BUDGET
REVENUES
Taxes Fines and Forfeits
Federal Financial Assistance
Donations
Rents on Investment Properties
Interest Earned
Contributions from Public Trust Funds
Operating Earnings from Fees Rents and
Sales for Services
Total State Revenue Receipts
EXPENDITURES
Current
Personal Services
Regular Operating Expenses
Benefi ts
Grants
Other
Travel
Motor Vehicle Purchases
Equipment
Computer Charges
Real Estate Rentals
Telecommuni cati ons
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 Received in Prior Year
Operating Transfers
From Other Funds
To Other Funds
Transfers to Various Authorities for
Advance Retirement of Bonds and Defeasance of Bonds
Total Other Financing Sources Uses
10868194788
6338662 306139327137
252639962
2079315221
843249007
130594158089
6338662 450776884204
000 191546052479
2409547
4596253
849032
19986
15226
41621
109321
47918
73563
775441
762723
3517
347252
36164
25259
91350
73344
70235
67475
37054
50379
85889
96626
28624
83236
36200
000 1196686834314
6338662 745909950110
5439788977 97360339573
17224569344
750754846015 750754846015
729523628733
150704450
1433141039 848265890038
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
1439479701 102355939928
The notes to the financial statements are an integral part of this statement
22 COMBINED STATEMENT OF REVENUES EXPENDITURES AND TRANSFERS
ALL GOVERNMENTAL FUND TYPES
OF
ALL STATE AGENCIES EXCLUDING UNITS OF
THE UNIVERSITY SYSTEM OF GEORGIA
YEAR ENDED JUNE 30 1991
STATE
REVENUE
COLLECTIONS
DEBT
SERVICE
CAPITAL
PROJECTS
YEAR ENDED
JUNE 30 1991
TOTALS
Memorandum Only
YEAR ENDED
JUNE 30 1990
704121640046
567932079
7579578722
17164535048
729433685895
231679949
714989834834 705904519196
306145665799 250862908093
252639962 86823328
567932079 555714363
4202681529 14093255421 15696896003
843249007 824284256
2494001254 150252694391 123969089373
231679949 6696682783 1187145271493 1097900234612
000
191546052479 178027665176
000
729433685895
240954736164 190239263124
459625325259 444383128995
481 743 28 84951465678 1998673344 1522670235 4162167475 10932137054 4791850379 7356385889 78032843395 2284811231 1673217342 5576593611 11263428860 4235900221 7335336362
9 610 334 89 78505230115 72951153216
415 097 084 28 117782037052 351783236 134708271900 626131619
347 252 362 00 000 000
274 980 000 00 27498000000 26121000000
138 669 397 492 130 00 00 13866949200 1245845463559 13738549750
66 425 189 162 45 1171197294802
64 080 330 51 358 222 334 62 58700192066 73297060190
148526846
729523628733
5527967280
60794200961 169270823637 203439609082
17224569344 2394587807
000 000
000 000
61234500000 61234500000 26700000000
000 000 154000000
5173820051
5324524501
35853283
5324524501
5324524501
35853283
3781154488
3781154488
8696186
729375101887 10701787331 116668323177 S 247694039698 232371500703
58584008 S 4293754280 S 80846089715 S 188993847632 159074440513
23 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
25 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
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 Fund accounting is designed to demonstrate legal compliance
diytd financial management by segregating transactions related to certain governmental functions or
nrnn nn Vh I a sepirae counting entity with a selfbalancing set of accounts An account
rf ffw I a flnancal reporting device designed to provide accountability for certain
tilt h hi 1MLit1 at are n0t recorded in the fund because they do not directly affect net
expendable available financial resources 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
Jhe coCn0tmroarD9 tfhlnall stfatfementS aCCnt fr a11 Sta Federal and other sources f revenue under
lTfflo offi l acgroups
GOVERNMENTAL FUND TYPES
SEARiJtlt7hJIln 1S Sred t0 anCUnt fr a11 State revenue collections remitted to the Department
Lf ftVe 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 consolidatlon 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 1453 of Georgia Laws 1990 as approved Apri 17 1990 and
amended by Act NOm 1 of Georgia Laws 1991 as approved February 11 1991 Act No 6 of Georgia Laws
Nn q afPPrrovedMarch 6 991 Act No 17 f Georgia Laws 1991 as approved March 27 1991 and Act
No 593 of Georgia Laws 1991 as approved April 24 1991 which are referred to in this report as the
Amended Appropriations Act of 19901991 report as tne
ofAeREHEouCsLrnll0tS f K 1S 3 consolidati of the State Revenue Collections Funds
various taxes fines and fnrfpi f government These fd account for the collection of
USil ii I 5 l 6S rents lnterest eaed d sales or services as required by
a Revenues collected by the various collecting units are remitted to the General Fund
Unrenutted funds on hand at the various collecting units at the end of the fiscal year will be
remitted in the subsequent year year wl De
DEBT SERVICE FUND This fund is used to account for the accumulation of resources and subseauent
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
enal a9enC1neS and the VarlUS authorities and the accountability of the resources and
payment of principal and interest of this debt are with the various issuing authorities
sbLTLnR0HECThS FUND ThJS fUhnd 1S USed t0 aCC0Unt for the accumulation of resources and the
litSfcXSLsuch resources for capitai utiay projects the sstate fij
FIDUCIARY FUND TYPES
ICTRUST FUNDS These funds are USed t0 account for activities in which the State acts as a
trustee for an individual an organization or employee groups The costs of administering
available resources thrnnnh trancfi
unit administering the trust
certain
funds are funded from available resources through transfers to the Budget Fund of the spending
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
FMnHrTn h1 IUnd HPe Ptrati0nS Fixed assets Phased are recorded as expenditures 1n the Budge
HnnH h V i Durcne Dnated f1ed aets are recorded at fair market value on the date
xea assets reCrded N dePreciation has been Prided on general
StS5ArO0mNGtThEpRMDiET f THe t groUD sed t0 rePrt outstanding 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 leasepurcnase
26ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING
The State of Georgia maintains the General Fund the Budget Fund the Public Trust Funds and th
Trust and Agency Funds in accordance with the modified accrual basis of accounting This
accounting is defined as that method of accounting in which expenditures other than accrued in
general longterm debt are recorded at the time liabilities are incurred and revenues are reco
received in cash except for material or available revenues which should be accrued to reflect pro
revenues earned Contractual obligations for services which have not been performed and for go
have not been delivered at the end of the fiscal year are recognized as expenditures and liabi
the accompanying financial statements The recognition of encumbrances of this nature as expendi
liabilities is in accordance with Georgia Law and provisions of State budgetary policy bu
consistent with generally accepted accounting principles which provide for the recording of enc
as a reservation of fund balance
e Private
basis of
terest of
rded when
perly the
ods which
1 i ties in
tures and
t i s not
umbrances
During the year ended June 30 1991 the Georgia State Financing and Investment Commission which
maintains the Capital Projects Fund adopted the accrual basis of accounting Under the accrual basis of
accounting revenues are recognized when earned and expenses are recognized as incurred Prior to the
year ended June 30 1991 the Capital Projects Fund was maintained on the cash receipts and disbursements
basis of accounting The cumulative effect of the change on the fund balance of the Capital Projects Fund
at July 1 1990 was 1832884284
The State Revenue Collections Fund and the Debt Service Fund 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
MIDGET
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 1453 of Georgia Laws 1990 as approved April 17 1990 and amended by Act No 1 of Georgia Laws 1991 as
approved February 11 1991 Act No 6 of Georgia Laws 1991 as approved March 6 1991 Act No 17 of
Georgia Laws 1991 as approved March 27 1991 and Act No 593 of Georgia Laws 1991 as approved
April 24 1991 which are referred to in this report as the Amended Appropriations Act of 19901991
NOTE 2 RESERVED FUND BALANCES
FISCAL YEAR 1992 GENERAL APPROPRIATION
A reserved fund balance of 4704000683 has been established which represents funds collected as of
June 30 1991 for the express purpose of funding a portion of the 1992 General Appropriations Act
NIDYEAR 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 1991 the reserved fund balance for
Midyear Adjustment Reserve was 000
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 1991 the reserved fund balance for Revenue Shortfall Reserve was 000
NOTE 3 RECLASSIFICATION OF REVENUES AND TRANSFERS
Revenue from the Budget Fund shown on the Statement of Cash Receipts and Disbursements of the Debt Service
Fund of the State of Georgia General Obligation Debt Sinking Fund is shown as a credit to expenditures of
the Debt Service Fund on the Combined Statement of Revenues Expenditures and Transfers Revenue shown
from the Georgia State Financing and Investment Commission is shown under Other Financing Sources Uses
of the Debt Service Fund on the Combined Statement of Revenues Expenditures and Transfers as a transfer
from other funds Transfers shown as reductions to revenue on the Statement of Funds Available and
Expenditures 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
27 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 4 TOTAL COLUMNS ON COMBINED STATEMENTS OVERVIEW
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 BONOS
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 Commission limits maximum
accumulation to 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
The liability for compensated absences at June 30 1991 as reflected in the changes in General LongTerm
Debt has been adjusted to reflect current salary and wage costs
CHANGES IN GENERAL LONGTERN DEBT
A summary of changes in General LongTerm Debt for the year ended June 30 1991 follows
Balance July 1 1990
Additions
Retroactive Restatement of Prior Year
Balance Payable
Annual Leave Earned and Utilized Net
Bonds Issued
LeasePurchases
Penalties and Assessments
Deductions
Retirements
Penalties and Assessments Withdrawn
Reserves for Refunds to be Made in
the Subsequent Fiscal Year
Balance June 30 1991
General Compensated Penalties and
Obligation Bonds Absences LeasePurchases Assessments
202375500000 13505958783 371265881 1590336600
61234500000
663846613
27498000000
311440225
126585000
69025299
245750300
11007100
10251900
236112000000 14169805396 117385357 1814827900
28 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 5 GENERAL LONGTERM DEBT
RETIREMENT OF GENERAL LONGTERN DEBT IN ADVANCE OF DUE DATE
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
1975B
1975D
1975E
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1986B
1986C
1987A
1987B
1987C
1987D
1988A
1988B
1988D
1989A
1989B
1990A
1990B
1991A
Maturing Maturing
Fiscal Year Si bsequent
1991 Fiscal Years 500000 Total
500000
18000000 18000000
23500000 23500000
7500000 7500000
3000000 3000000
500000 500000
1000000 1000000
55000000 55000000
26000000 26000000
5000000 5000000
10000000 6000000 43500000 79000000 23500000 20000000 16000000 43500000 79000000 23500000 20000000
54500000 11 02500000 11 57000000
6 36500000 30000000 6 36500000 30000000
1 42500000 20000000 1 42500000 20000000
3 40000000 42000000 3 40000000 42000000
3 17000000 3 17000000
4 24000000 4 24000000
2 55500000 2 55500000
3 15000000 3 15000000
14 04000000 14 04000000
64500000 5341000000 S 5405500000
NOTE 6 PRIOR YEAR DEFEASANCE OF DEBT
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 1991
35632500000 of bonds outstanding are considered defeased
NOTE 7 RETIREMENT SYSTEMS
EMPLOYEES RETIREMENT SYSTEM OF GEORGIA r P4 e r
The Employees Retirement System of Georgia was established in 1949 for employees of the State of Georgia
Subsequent legislation provided for inclusion of tax collectors commissioners receivers and their
employees and State Court employees within the System The General Assembly in Georgia Laws 1982 Act No
1372 amended the 1949 Act establishing this Retirement System This Act created a new retirement benefit
planwith a new benefit structure for 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 benefit plan or transferring to the new plan The Employees Retirement System of Georgia has
approximately 66000 members of which approximately 27000 remain under the old benefit p an At
June 30 1991 the employee contribution rate for members remaining under the old benefit pi ani was
computed at 4 on the first 420000 of annual salary and 6 of salary in excess of 4200 00 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 employer contribution was 1239 of annual
salary At June 30 1991 there were approximately 39000 members of the new benefit plan and their
contribution to the Retirement System was computed at 1 14 of annual salary The employer contribution
for members of the new benefit plan was 1714 of annual salary The consulting actuary is George B
Buck Consulting Actuaries Inc New York New York
fheorgUgVs System was established in 1967 to provide retirement allowances and
other benefits for the members of the General Assembly and staff members Prior to 198 this Retirement
System had no membership and those eligible for membership were members of the Employees Retirement
29 ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 7 RETIREMENT SYSTEMS
GEORGIA LEGISLATIVE RETIREMENT SYSTEM
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 The Georgia
Legislative Retirement System has 213 active members who contribute 85 of their annual salaries The
State of Georgia pays member contributions in excess of 4 of annual compensation The employer
contribution is currently 5077 monthly for each active member The consulting actuary is Georqe B
Buck Consulting Actuaries Inc New York New York
Teachers Retirement System of Georgia was established in 1943 for all public school and college
hers administrators clerical workers supervisors librarians and other related personnel The
TEACHERS RETIREMENT SYSTEM OF GEORGIA
The Teachers
teac
Retirement System has approximately 160000 members of which approximately 14350o
contribute 6 of their salaries The employer currently contributes 1181 of the salaries The
consulting actuary is George B Buck Consulting Actuaries Inc New York New York
PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM OF GEORGIA
The Public School Employees 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 The Retirement System has approximately 30000 active members who contribute 4 00
each per month for nine months of the year In the current year the State contributed 9148 000 00 The
consulting actuary is George B Buck Consulting Actuaries Inc New York New York
TRIAL JUDGES AND SOLICITORS RETIREMENT FUND
The Trial Judges and Solicitors Retirement Fund was established in 1968 for Superior Court Judges
District Attorneys City Judges and Solicitors The Retirement Fund has 142 members who contribute 7 12
LSaary1 they do not cnoose 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
SUPERIOR COURT JUDGES RETIREMENT SYSTEM
The Superior Court Judges Retirement System was established December 31 1976 for Superior Court Judges
Superior Court Judges who were members of the Trial Judges and Solicitors Retirement Fund on that date
were given the option to remain in that Fund or join the Superior Court Judges Retirement System Unless
individuals are members of another eligible State retirement system and elect to remain individuals
becoming a Superior Court Judge after that date become members of the Superior Court Judges Retirement
System The Superior Court Judges Retirement System has 133 active members who contribute 7 12 of
State salary If the member elects spouses benefit coverage the member contributes an additional 2 12
1aI tei1r surviving sPuse t0 a benefit for life until remarriage or the member may contribute
2 34 to entitle the surviving spouse to benefit coverage for life regardless of remarriage Members
also have the option of contributing an additional 1 of State salary and becoming eligible for post
retirement costof1iving benefit adjustments The State contributes 5 less 700 monthly on behalf of
each member The employer contribution is currently 8 of State salaries paid The consulting actuary is
The Wyatt Company Atlanta Georgia
DISTRICT ATTORNEYS RETIREMENT SYSTEM
The District Attorneys Retirement System was established December 31 1978 for District Attorneys
District Attorneys who were members of the Trial Judges and Solicitors Retirement Fund on that date were
given the option to remain in that Fund or join the new System Unless individuals are members of another
eligible State retirement system and elect to remain with such system individuals becoming District
Attorneys after that date become members of the District Attorneys Retirement System The District
Attorneys Retirement System has 43 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 NOTE
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 twentyeight 28 technical institutes located
throughout the State Separate audits have been performed on each of the twentyeight technical
institutes and a report will be issued on each of these component units of the Department For reporting
purposes the financial statements of the technical institutes have been consolidated with the audited
financial statements of the administrative central office and the consolidated statements are reflected
in this report
30ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM
FINDINGS AND IMPROPER OR QUESTIONED COSTS
31ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
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 19901991
Corrections Department of
Health Services Purchases
Education Department of
Utilities
QBE Formula Grants
Midterm Adjustment
NonQBE Grants
Regional Education Service Agencies
Middle School Counselors
Forestry Commission Georgia
Ware County Grant for Southern Forest World
Judicial System
Supreme Court
Personal Services
Superior Courts
Prosecuting Attorneys Council
Labor Department of
Real Estate Rentals
Regents of the University System of Georgia
Board of
A Resident Instruction
Forestry Research
B Regents Central Office and Other
Organized Activities
Medical Scholarships
Student Finance Commission Georgia
Telecommunicati ons
GENERAL FIXED ASSETS EQUIPMENT INVENTORY
66666861
6750800
35400
664181
5799300
6786200

1698803
48357860

13249681
30000
50056663
29655890
156
6131057
6131213
1269310
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
Administrative Services Department of
Community Affairs Department of
Corrections Department of
Education Department of
Governor Office of the
Human Resources Department of
Insurance Department of
Judicial System
Supreme Court
Superior Courts
Labor Department of
Pardons and Paroles State Board of
Revenue Department of
Secretary of State
Technical and Adult Education Department of
Transportation Department of
Veterans Service State Department of
32
urnALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
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 noncompl iance and deficiencies in
administrative and accounting controls relative to Federal financial assistance are disclosed in
individual audit reports of the following State agencies
the
Judicial System
Superior Courts
Labor Department of
Pardons and Paroles State Board of
Public Service Commission
Soil and Water Conservation Commission State
Technical and Adult Education Department of
Veterans Service State Department of
Administrative Services Department of
Community Affairs Department of
Corrections Department of
Education Department of
Governor Office of the
Human Resources Department of
Insurance Department of
INDIVIDUAL REPORTS
The Findings and Improper or Questioned Costs Section of the individual 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 reports
CORRECTIONS DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Unrecorded Agency Funds
At June 30 1991 it was determined that agency fund accounts totaling approximately 2474646055 were
not recorded on the financial accounting system of the Department of Corrections These agency funds are
comprised of demand deposits and certificates of deposits and are for the purposes of holding detainees
funds paying court ordered fines fees and restitutions and operating recreational activities for
detainees These accounts are held at the following locations around the State
97 Probation Offices
6 Transitional Centers
11 Detention Centers
19 Diversion Centers
1 Rehabilitation Program Development Center
25 Correctional Institutes
3 Boot Camps
The operations functions and responsibilities of the various offices listed above are under the guidance
and direction of the Department of Corrections therefore these offices are considered divisional units
of the Department and the trust fund activities related to the operation of these offices should be
included as a part of the entity covered by this audit The Internal Audit Department of the Department
of Corrections is responsible for auditing the flow of transactions in these agency funds In accordance
with the Standard Operating Procedures issued by the internal auditor and approved by the deputy
commissioner each Center Office Institute and Camp is required to submit to the internal auditor a
Quarterly Statement of Trust Funds Report Efforts should be pursued by the Department of Corrections to
record and update the assets liabilities and flow of transactions of these agency fund accounts on the
formal accounting records
EDUCATION DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Trust and Agency Funds
The audit report for the year ended June 30 1990 noted several deficiencies concerning Trust and Agency
Funds cash accounts These deficiencies and the current year status of these deficiencies are listed
below
33ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
EDUCATION DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Trust and Agency Funds
1 One account had not been recorded on the Departments accounting records In the year under
review it was determined that another account had not been recorded on the Departments
accounting records Steps should be taken to ensure that all accounts in the Departments name
are included in the accounting records
2 Voided checks were not properly mutilated In the year under review this deficiency was not
corrected Voided checks should be appropriately defaced to safeguard funds properly
3 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 disbursements and accounting of funds
4 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
5 Certificates of deposit purchased and redeemed from the Student Activities Account at the
Georgia Academy for the Blind were recorded as expenditures and revenues This practice
was discontinued during the year under review
In the year under review Trust and Agency accounts were tested for proper accounting and compliance with
the original intent of each particular account In addition to the deficiencies noted above the
following deficiencies were noted
1 Checks were issued from the Vocational Industrial Clubs of America Metro Atlanta Automobile
Dealer Association account that lacked both preprinted consecutive check numbering and
preprinted account names Steps should be taken to ensure that only checks with preprinted
numbers and account names are issued
2 Deposits for the Vocational Education Account Future Business Leaders of America account were
not made on a timely basis Steps should be taken to ensure that all funds received for deposit
are deposited promptly
GOVERNOR OFFICE OF THE
GENERAL LEDGER
Inadequate Identification of Program Expenditures by Fund SourceProject
The audit report for the year ended June 30 1990 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
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
GENERAL LEDGER
Lack of General Ledger Control for All Funds
In the year under review it was brought to the attention of the Department of Audits that a bank account
existed for which neither the balance nor the associated activity were recorded in the general ledger of
the Office of the Governor The Commission on Children and Youth Childrens Special Account was opened
on October 17 1988 and had a balance of 391258 at July 1 1990 This amount is reflected as an
addition to fund balance on Exhibit B of unit report Significant substantive procedures were used to
determine the accounting presentation of the current years activity for inclusion in the statements of
the unit report
The Office of the Governor should initiate procedures to ensure that all bank accounts and activity of
such accounts are recorded in the general ledger of the Office of the Governor
34
IBB
mmamALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
INSURANCE DEPARTMENT OF
GENERAL LEDGER
Inadequate Documentation
The audit reports for the years ended June 30 1989 and June 30 1990 noted that the Departments
accounting records were not maintained in such a manner as to identify the source and application of funds
for grantsupported activities The following Federal grant programs were involved
1 Manufactured Home Construction and Safety Standards 14171
2 Medical Assistance Program 93778
3 Medicare Hospital Insurance 93773
In the year under review the accounting records of the Department of Insurance again did not provide
adequate identification of the source and application of funds for grant supported activities as set forth
in 0MB Circular A102 Substantive audit procedures were used to reconstruct the accounting records to
satisfy ourselves that the Federal financial assistance funds were fairly stated and supported by
appropriate documentation
CASH AND CASH EQUIVALENTS
Inadequate Bank Reconciliation Procedures
In the year under review the following deficiencies existed in the bank reconciliation procedures of the
Department of Insurance
1 The monthly bank statements for the operating and payroll accounts were not reconciled to the
general ledger in a timely manner
2 A review of bank reconciliations was not performed by supervisory personnel
3 Certain items listed on the June 30 1991 bank reconciliation were not properly identified and
there was no list of outstanding checks Extensive audit procedures were required to identify
these items and to reconstruct the outstanding check list
4 Adjustments were not made to the general ledger on a timely basis for reconciling items
appearing on the bank reconciliations
EXPENDITURESLIABILITIESDISBURSEMENTS
Inadequate Documentation
The Department of Insurance charges Federal program expenditures initially to State funds and uses manual
journal vouchers to transfer these costs to the various Federal programs Our examination revealed that
these manual journal vouchers generally did not have adequate documentation attached Steps should be
taken to ensure that all transactions are supported by proper documentation in order to provide a clear
audit trai1
GENERAL LEDGER
General Ledger Not in Balance with Subsidiary Listing
At June 30 1991 there was a variance of 578092876 between the accounts receivable balance reflected
on the Department Trial Balance FACS Report No 2410 and the accounts receivable reflected on the
subsidiary listing of Outstanding Receivables FACS Report No 2230 This difference was not completely
resolved during the course of the field work The subsidiary listing of accounts receivable should be
reconciled periodically to the balance reflected on the Departments trial balance and to the
documentation on hand Identified errors should be corrected on a timely basis
JUDICIAL SYSTEM
SUPERIOR COURTS
EXPENDITURESLIABILITIESDISBURSEMENTS
Improper Disbursements
The audit report for the year ended June 30 1990 called attention to improper disbursements by the
Prosecuting Attorneys Council of 520126 for funds payable to District Attorneys Offices for services
performed in connection with the Food Stamp Fraud Program These funds were not disclosed as a liability
pe
in the accounting records
reconci1i ation
but were i
nstead reflected as outstanding checks on the Councils bank
35ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
JUDICIAL SYSTEM
SUPERIOR COURTS
EXPENDITURESLIABILITIESDISBURSEMENTS
Improper Disbursements
In the year under review a separate bank account was established to which these disbursements in question
could be deposited with each District Attorneys approval These funds are accounted for by the
Prosecuting Attorneys Council as an Agency Fund called the Food Stamp Fraud Account
MEDICAL ASSISTANCE DEPARTMENT OF
INVENTORIES
Inventories Not Properly Recorded
The audit
D
I
De
necessary internal controls
TYPES OF SERVICE ALLOWED OR UNALLOWED
Noncompliance with MMIS Contract and Request of Proposals
Section 400431 of the RFP requires that the adjudicated claims file be a detailed accounting
claim transaction file containing a complete detail of claim line items Alternative methods
were employed for the processing of files in accordance with the variable length record
methodology utilized by the MMIS These methods provided adequate identification of claim line
items necessary for the examination of medical assistance payments
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 Although this requirement of the
RFP was not met in all instances our review of the MMIS processing for the year under review
indicated that sufficient linking of voided transactions to the original claim was achieved
through the use of certain indicator codes Further processing of the files provided was
utilized to determine that a sufficient audit trail existed for those transactions which did not
meet the exact image requirements of the RFP
Based upon the foregoing this finding is considered resolved
TYPES OF SERVICE
Weaknesses Disclosed in Third Party Report
The audit report for the year ended June 30 1990 disclosed that the EDS Corporation which is an
independent contractor hired to handle the payment of benefit claims had a weakness in their internal
controls structure regarding the number of EDS employees with update access to programs controls and
files This weakness was reported by an independent auditing firm which evaluated and tested the internal
control procedures at EDS Corporation The independent auditors report for the year under review
disclosed no weaknesses in internal controls of the EDS Corporation
SPECIAL TESTS AND PROVISIONS
Failure to Refund Excess Payments to Recipients as Required by Law
The audit report for the year ended June 30 1990 called attention to funds in the amount of 197 939 16
t hebyhe Trtiment 0f Medical Assistance in the Medicaid Special Holding Account Reserve Our
Federal andI State statutes656 refundable to Med1id program recipients in accordance with
Further analysis of the balance in question indicates that the amounts were derived in fiscal years ended
June 30 1981 through June 30 1985 and consists of numerous small dollar amounts
During the year under review the Department of Medical Assistance returned the balance in question to the
Department of Administrative Services Fiscal Division as surplus funds Further the Department noted in
its corrective action plan filed with the Health Care Financing Administration of the U S Department of
36ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
MEDICAL ASSISTANCE DEPARTMENT OF
SPECIAL TESTS AND PROVISIONS
Failure to Refund Excess Payments to Recipients as Required by Law
Health and Human Services that the balance had been appropriately dispositioned Pending final approval
of this transaction by the Health Care Financing Administration this finding is considered resolved
NATURAL RESOURCES DEPARTMENT OF
REVENUERECEIVABLESRECEIPTS
Cash Shortage
The audit report for the year ended June 30 1990 stated that an internal investigation had disclosed
discrepancies involving cash receipts resulting in a cash shortage of 127550 In the year under
review the funds were recovered and deposited into the operating account
PARDONS AND PAROLES STATE BOARD OF
PROCUREMENT
Improper Use of Purchase Orders
The audit reports for the years ended June 30 1989 and June 30 1990 noted several instances of
purchase orders dated after the invoice date In the year under review a limited review of the
procurement system indicated that purchase orders were being properly executed in accordance with
managements authorization and the Aoencv Purchasing Manual issued by the Department of Administrative
Services
REVENUESRECEIVABLESRECEIPTS
Cash Collections Not Deposited in a Timely Manner
The audit reports for the years ended June 30 1989 and June 30 1990 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 1991 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 still not deposited on a timely
basis The time period between the receipt of funds and their deposit ranged from three weeks to ten
weeks Procedures should be implemented to ensure the timely deposit of all cash receipts
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 the State Health
Benefit Plan provisions
In the year under review our audit staff examined five hundred twentyfive 525 claim transactions for
the period July 1 1990 through June 30 1991 for compliance with the State Health Benefit Plan and
appropriate internal control features Our review of the claims transactions identified six 6 monetary
errors
As Dart of our audit the above referenced health claim transactions sample was also used to test
compliance with the system of internal controls in place for the Blue Cross Blue Shield TRACS system for
the year under review The results of this testing disclosed thirtythree 33 compliance deviations out
of the five hundred twentyfive 525 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 The following significant types of compliance deviations occurred
1 The diagnosis code was posted incorrectly to the claim transaction Certain diagnostic codes
eg psychiatric result in specific limitations in benefit payments
invalidates system edits for duplicate
2
3
The dates of service were posted incorrectly This error
claim payments
The disposition code indicating status of claim was posted incorrectly
37ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
PERSONNEL BOARD STATE MERIT SYSTEM OF PERSONNEL ADMINISTRATION
BENEFITS
State Health Benefit Plan Claim Transactions Sample
4 The type of service code was posted incorrectly The type of service code determines the
applicable deductible amounts coinsurance amounts and payment percentages
5 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 to correct problems associated with the information posted
to the FRACS system and establish administrative procedures necessary to ensure that payments are made in
accordance with the State Health Benefit Plan
PUBLIC SAFETY DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Reconciliation of Central Revenue Collections Bank Account
The audit report for the year ended June 30 1990 disclosed problems related to the reconciliation of the
Central Revenue Collections Account In the year under review the cash accounts were properly reconciled
and necessary adjustments were posted to the general ledger in a timely manner
CASH AND CASH EQUIVALENTS
Deficiencies in the Reconciliation and Recording of Imprest Petty Cash Accounts
The audit report for the year ended June 30 1990 disclosed problems related to the reconciliation and
recording of imprest petty cash funds at various locations around the State
In the year under review internal controls have been established to ensure that imprest petty cash
accounts are recorded in the general ledger properly maintained and periodically reconciled to the
general ledger
INVENTORIES
Inadequate Supply Inventory Records
The audit report for the year ended June 30 1990 disclosed that the Department did not maintain adequate
supply inventory records and that a physical inventory of supplies on hand had not been performed
In the year under review a physical inventory count was taken at June 30 1991 and supported by
inventory listings with appropriate valuation balances The Department of Public Safety has implemented
operational at JelYo inventory system f supplies The perpetual inventory system was not
PUBLIC SERVICE COMMISSION
GENERAL LEDGER
Inadequate Subsidiary Ledger for Funds
The audit report for the year ended June 30 1990 stated that 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 In the year under review the Commission did
maintain separate subsidiary general ledger revenue cards for each Federal program however expenditures
for the Federal programs still represent both State and Federal portions without regard to a breakdown by
funding source of the expenditures
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 0MB Circular A102
so that a complete audit trail is maintained for each Federal grant award
REMOVAL OF HAZARDOUS MATERIALS AGENCY FOR
GENERAL LEDGER
Absence of Supporting Documentation for Adjusting Journal Entries
The audit report for the year ended June 30 1990 noted 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 journal entries had not been documented
38ALL STATE AGENCIES EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
REMOVAL OF HAZARDOUS MATERIALS AGENCY FOR
GENERAL LEDGER
Absence of Supporting Documentation for Adjusting Journal Entries
In the year under review adequate controls were established and followed to document all adjusting
journal entries
TECHNICAL ANO ADULT EDUCATION DEPARTMENT OF
CASH AND CASH EQUIVALENTS
Inadequate Bank Reconciliation Procedures
The audit report for the year ended June 30 1990 noted various deficiencies in the internal controls
over cash of the Administrative Central Office For the year under review the Administrative Central
Office implemented procedures to correct these deficiencies
EXPENDITURESLIABILITIESDISBURSEMENTS
Inadequate Accounting Controls
The audit report for the year ended June 30 1990 noted various deficiencies in controls over
documentation of expenditures of the Administrative Central Office For the year under review
the Administrative Central Office took corrective action to eliminate these deficiencies
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 1990 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
1 Budget PreparationExecution
2 Cash and Cash Equivalents
3 Inventories
4 RevenueReceivablesReceipts
1 Civil Rights
2 Federal Financial Reports
Accounting Controls
5 ExpendituresLiabili tiesDi sbursements
6 General Ledger
7 General Fixed AssetsProperty Management
Administrative Controls
3 Audit FollowUpResolution
Applicable findings are disclosed in the individual audit reports of the component units of the Department
of Technical and Adult Education
39SUMMARY OF STATE REVENUE RECEIPTS
REVENUE
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
Educati on
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
1991
1990
2566959625 2405592734
212198349 157701858
45177753 44931713
4126183231 2761617724
761796153 318471304
335399435373 334294742791
32755695255 33006026373
3471126055 3718275736
6529074166 6426146250
1424302526 1502709561
8745843823 8897284732
286087715975 282146435821
203221142 204580585
18436990895 16425864237
694672915 731415213
7946899743 7204656874
1062717400 1091748200
667268050 719475300
166695369 159954225
1514186739 1513579242
1844870919 1833829731
78145241 63007359
248658137 276471633
714989834834 J 705904519196
212774983363 173294668768
42074911923 38059968686
38022624022 28586471367
13273146491 10921799272
306145665799 250862908093
252639962 86823328
567932079 555714363
14093255421 15696896003
843249007 824284256
4038655837
30497036526
1531150486
2626019899
83107122657
7566774255
20885934731
3554290919
23835281794
1377798723
2573405291
73579553705
7870960533
11177798408
150252694391 123969089373
Total State Revenue Receipts
1187145271493 1097900234612
42DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1991
TAXES
General Property 1990 and Prior Years Levies and 1991 Auto
On County Digests
Net to State
Fees Retained at Source
Assessing
Collecting
Interest
Refunds
On Public Utilities Digests
On Intangible Digests
Intangible Tax Recording Net
Fees Retained at Source
Estate Tax
Refunds
Financial Institutions Business Occupation Tax
Income Tax
Corporations
Returns Additional Tax Interest and Penalties
Estimates on Taxes
Refunds
Individuals
Returns Additional Tax Interest and Penalties
Estimates on Taxes
Fiduciary Returns
Withholding Tax
Refunds
Sales Motor Fuel
Net to State
Allowance Retained by Taxpayer
Refunds to Motor Carriers
Refunds to Retailers Act 1947
Refunds to Others
Sales Alcoholic Beverage Stamps
Refunds
Sales Malt Beverage
Sales Wine
Sales Cigar and Cigarette
Collecting Fees Retained at Source
Sales 4 Sales and Use
Regular
Collecting Fees Retained at Source
Interest and Penalties
Refunds
Motor Fuel
Collecting Fees Retained at Source
Interest and Penalties
Refunds
Sales Industrial Loan Company Tax
Sales Insurance Premium Tax
Interest
Business License Alcoholic Beverages
Business License Malt Beverages
2424390507
46121767
89778126
17193247
10524022
2566959625
212198349
15134242
28395494
1648017
4276175508
149992277
8704814325
42340465554
9875253171 41170026708
2794292216
30043511
4126183231
761796153
26359906050
37936890678
475457082
280157119597
50699964742
294229408665 335399435373
33325480391
239992233
661710478
142981720
5085171 32755695255
3489770103
18644048 3471126055
6529074166
1424302526
8489342722
256501101 8745843823
264456117275
8625379139
1581361839
1305764990 273357093263
12326145844
380865215
46112858
22501205
12730622712
18431482715
5508180
286087715975
203221142
18436990895
48900000
83770000
43DETAIL OF STATE REVENUE RECEIPTS BY Cl ASS
YEAR ENDED JUNE 30 1991
TAXES
Business License Wine
Business License Cigar and Cigarette
Business License Comnercial
Fish Dealers
Fishing and Boats
Business License Asbestos
Business License Miscellaneous Game and Fish
Business License Bingo
Business License Historic Preservation Application Fees
Business License Insurance Agents Adjusters
Business License Industrial Loan Companies
Business License For Sale of Checks
Business License Water Well Drilling
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 FORFFITS
Cigar and Cigarette
Liquor Wine and Beer
Hunting and Fishing
Total Taxes Fines and Forfeits
FEDERAL FINANCIAL ASSISTANT
Administrative Services Department of
Agriculture Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Forestry Commission Georgia
Governor Office of the
Human Resources Department of
Insurance Department of
Investigation Georgia Bureau of
Judicial System
Superior Courts
Continuing Judicial Education Institute of
Judicial Council
Juvenile Court Judges Council of
Labor Department of
Medical Assistance Department of
Natural Resources Department of
Pardons and Paroles State Board of
Public Safety Department of
Public Service Commission
Regents of the University System of Georgia Board of
Secretary of State
3691000
11285665
6883105812
1078548675
14754744
1006399400
56318000
1417316663
93042515
30282868
45495198
2367175
66187500
1270000
14976665
52372071
745000
2780000
425000
384050079
30990000
5372600
2834000
7946899743
1062717400
667268050
166695369
3827561
1510359178
1844870919
248658137
78145241
714989834834
6338662
594012874
3113744082
94128861
1741166951
39518014056
188048981
1784480302
76892900609
65942084
186943626
68284602
202500
6733361
66886560
13769318822
121669321562
4676236135
38592166
359603313
166718553
3213000
3974459
44DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1991
FEDERAL FINANCIAL ASSISTANCE
Soil and Water Conservation Commission State
Technical and Adult Education Department of
Transportation Department of
Veterans Service State Department of
Total Federal Financial Assistance
DONATIONS
Corrections Department of
Human Resources Department of
Industry Trade and Tourism Department of
Investigation Georgia Bureau of
Judicial System
Judicial Council
Natural Resources Department of
Technical and Adult Education Department of
Total Donations
111108419
2553684867
38022624022
443442370
j 306145665799
328000
50631621
451464
10000000
85780
170714840
20428257
252639962
RENTS ON INVESTMENT PROPERTIES
Atlanta Journal and Constitution The
CNN Center
CSX Transportation Incorporated
Cousins Properties Incorporated
Fairco Properties Incorporated
Georgia Power Company
Livingston Foundation Incorporated
Morris Neal
Pel ham Development Corporation
S and C Properties
Southern Bell
Southern Railway Company
Sundry Rents
Tennessee Valley Authority
Union Camp Corporation
Westin Peachtree Plaza Hotel
Total Rents on Investment Properties
1320000
6082628
481270253
20912748
11295348
130000
1800000
150000
1200000
9250002
130000
1094800
830000
750000
180000
31536300
567932079
INTEREST RECEIVED
Administrative Services Department of
Interest Earned Regular
Interest on Railroad and Telegraph Stocks
Community Affairs Department of
Corrections Department of
Financing and Investment Commission Georgia State
Construction Fund
General Obligation Debt Sinking Fund State of Georgia
Debt Service Fund
Governor Office of the
Human Resources Department of
Judicial System
Judicial Council
Labor Department of
Medical Assistance Department of
Natural Resources Department of
Personnel Board State Merit System of Personnel
Administration
Regents of the University System of Georgia Board of
Student Finance Commission Georgia
Technical and Adult Education Department of
Total Interest Received
7460121440
886461
1180960
046
4202681529
231679949
221193076
7142
1459
441675
95818896
35812955
1757618600
45349772
8404
40453057
14093255421
45DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1991
CONTRIBUTIONS FROM PUBLIC TRUST FUNDS
Employees Retirement System
Legislative Retirement System Georgia
Public School Employees Retirement System
State Employees Assurance Department
Subsequent Injury Trust Fund
Teachers Retirement System
Total Contributions from Public Trust Funds
EARNINGS AGRICULTURAL AND NATURAL RESOURCES DEVELOPMENT SERVICFS
Agriculture Department of
Farmers Markets Rents
Forestry Commission Georgia
Forestry Examining Fees
Geology Examining Fees
Natural Resources Department of
Pesticides and Miscellaneous Fees
Recreation Examining Fees
Removal of Hazardous Materials Agency for
Soil and Water Conservation Comnission State
Total Earnings Agricultural and Natural Resources
Development Services
EARNINGS BENEFITS AND PUBLIC HEALTH SERVICES
Ambulance License Fees
Athletic Trainers Examining Fees
Barbers Examining Fees
Chiropractors Examining Fees
Cosmetology Examining Fees
Dairy and Veterinary Inspection Fees
Dentists Examining Fees
Dietitians Examining Fees
Funeral Service Examining Fees
Hearing Aid Examining Fees
Home Health Care License Fees
Human Resources Department of
Indigent Care Trust Fund
Labor Department of
Laboratory License Fees
Medical Assistance Department of
Medical Examining Fees
Nursing Home Examining Fees
Occupational Therapy Examining Fees
Optometrists and Opticians Examining Fees
Patients Fees
Pharmacists Examining Fees
Physical Health Laboratory Fees
Physical Therapy Examining Fees
Podiatrists Examining Fees
Practical Nurses Examining Fees
Professional Counselors Social Workers and Marriage and
Family Therapists Examining Fees
Psychologists Examining Fees
Registered Nurses Examining Fees
Veterinarians Examining Fees
Vital Records Fees
Water and Waste Water Treatment Examining Fees
Workers Compensation State Board of
Total Earnings Benefits and Public Health Services
EARNINGS CORRECTIONAL SERVICES
Corrections Department of
Inmate Labor
226822734
6368500
38904300
13142900
92637105
465373468
843249007
145444839
441934407
394149115
772000
1438010
2517321887
25158329
3936125
507062125
1439000
4038655837
92500
697500
22216900
24769000
47261612
4718500
11454500
460500
8654000
1706500
1840000
19340626356
3703940000
173945283
5354500
5685598354
69440150
3935200
1075000
8164600
880200323
90420520
8398400
2418000
778500
81504318
13729888
14167930
188397867
16237000
48372543
17210350
1924993
3049703656
171025196
222799088
46 DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1991
EARNINGS CORRECTIONAL SERVICES
Pardons and Paroles State Board of
Parole Supervision Fees
Probation Fees
Work Release Program
Total Earnings Correctional Services
EARNINGS EDUCATIONAL SERVICES
Education Department of
Librarians Examining Fees
Private School Registration Fees
Professional Personnel Certification Fees
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
Judicial Qual if ications Commission
Juvenile Court Judges Council of
Law Department of
Regular
Sales Acts and Opinions
Personnel Board State Merit System of Personnel
Administration
Public Service Commission
Revenue Department of
Secretary of State
Teachers Retirement System
Total Earnings General Governmental Services
EARNINGS PROTECTION SERVICES
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
Check Cashiers Licenses Fees
Construction Industry Examining Fees
Credit Union Examining and Supervision Fees
Defense Department of
3601343
143051063
929121368
61552428
1531150486
321512058
1139000
1276700
57872477
61669434
7429500
493657600
1681463130
2626019899
13378995400
197087282
673140
131145386
9908200
2494048254
6911625
42537035
145415047
82022741
55543430
13763369
90989304
4914790
11187621
6891096
3000
5535662
144871209
373000
63276481171
3401281
2842538717
105386683
56498214
j 83107122657
144
11492
8193
8
24
5590
464
139
601
8
50
108
412
608
234
15500
76939
33417
35000
29000
57500
85000
87500
66747
29975
68500
94300
57200
95919
99594
47 EARNINGS PROTECTION SERVICES
DETAIL OF STATE REVENUE RECEIPTS BY CLASS
YEAR ENDED JUNE 30 1991
Election Qualifying Fees
Engineers Examining Fees
Feed Inspection Fees
Fertilizer Inspection Fees
General Corporation Fees
Holding Company Examining and Supervision Fees
Industrial Loan Company Regulatory Investigation Fees
Insurance Company Regulatory and Filing Fees
Investigation Georgia Bureau of
Landscape Architects Examining Fees
Limited Partnership Fees
Lobbying Fees
Motor Carriers Fees
Motor Vehicle Arbitration 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
73
718
23
472
4926
458
20
364
1369
77
78
5
2929
364
80
5081
12242
8
224
132
12288
1
148
46
750
444
094
46
110
L
79595
38500
97065
33368
17630
12700
19181
12308
92822
70000
61500
32000
73400
28100
37000
43230
65162
27500
41500
59500
80980
27600
38250
60382
07500
88632
42959
14800
39000
7566774255
20885934731
Total State Revenue Receipts
1187145271493
48
mm
mSTATISTICS
49STATE REVENUE RECEIPTS
YEAR ENDED JUNE 30 1991
SOURCE
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
2566959625 022 396
212198349 002 033
45177753 000 007
4126183231 035 637
761796153 006 118
335399435373 2825 51773
32755695255 276 5056
3471126055 029 536
6529074166 055 1008
1424302526 012 220
8745843823 074 1350
286087715975 2410 44161
203221142 002 031
18436990895 155 2846
694672915 006 107
7946899743 067 1227
1062717400 009 164
667268050 006 103
166695369 001 026
1514186739 013 234
1844870919 015 285
78145241 001 012
248658137 002 038
714989834834 6023 S 110368
212774983363 1792 32845
42074911923 354 6495
38022624022 320 5869
13273146491 112 2049
t 306145665799
t 252639962
567932079
j 14093255421
j 843249007
2578
002
005
119
007
47258
039
088
2175
130
4038655837 034 623
30497036526 257 4708
1531150486 013 236
2626019899 022 406
83107122657 700 12829
7566774255 064 1168
20885934731 176 3224
S 150252694391
1266
23194
Total State Revenue Receipts
j 1187145271493
10000
183252
Note 1990 Population 6478216
51 STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1991
SOURCE
Agricultural and Natural Resources Development
Benefits and Public Health
Correctional Services
Education Grammar and High Schools
Education College and Technical and Adult Education
Judi ci ary
Mi 1itary and Pol ice
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
193 3540
3416 62593
353 6471
2718 49802
917 16812
057 1055
141 2577
018 325
876 16051
160 2936
1171 21455
000 001
001 014
012
222
046
015
840
268
Assessment and Collection Allowance to Outside Agencii
Note 1990 Population 6478216
10000 183252
52 STATE REVENUE RECEIPTS
DISTRIBUTION OF STATE REVENUE RECEIPTS BY PURPOSE
YEAR ENDED JUNE 30 1991
STATE
TOTAL
22932232664
405491028428
41919473381
322627284139
108908721345
6831482273
16696968588
2103750003
103979193860
19023375529
138991155268
6338662
89942838
APPROPRIATION OTHER
FROM TAXES FEDERAL AGENCY AGENCY
FEES ETC 00 ASSISTANCE 55694064 09 EARNINGS 36377924 51 REVENUE
143997168 674682996
1702585049 00 2127749833 63 243159210 92 1858380927
464214161 00 1327210 27 13255672 91 5960231037
2843904052 00 395180140 56 3215120 58 1602647175
1058042703 00 25568978 67 22775776 07 1730024429
64292254 00 1421070 23 3032605 16 43110666
139104669 00 22877138 90 5478201 37 49032339
13087043 00 8170183 16 21972613
492789359 15 380226240 329710 22 42 214542447 4116021 08 05 4776610785
77912278 50 80620256
51082271 00 852854087 30 10868194788
507619723 50 2164452912
6338662
89942838
1439479701
1439479701
5439788977
1737196791
5439788977
1737196791
j 1187145271493 S 750754846015 1 306145665799 S 140697725011 i 10452965332
53STATE REVENUE RECEIPTS
DISTRIBUTION OF REVENUE RECEIPTS BY OBJECT
YEAR ENDED JUNE 30 1991
OBJECT
ALL GOVERNMENTAL FUND TYPES
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Reti rement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
Drug Testing
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 Pufic
Assi stance
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
Equi pment
Computer Charges
Real Estate Rentals
Telecommunicati ons
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
Avai1 able
Excess of Funds Available over Expenditures
Prior Years Unreserved Fund Balance Surplus
Proceeds of General Obligation Bonds
Transfers to Various Authorities for Advance
Retirement of Bonds and Defeasance of Bonds
TOTAL
140234251702
9404253160
25378658003
13196886780
834222951
157326737
1457500400
867638296
15314450
191546052479
2968007016
17574433432
3434856535
4294012413
393581072
759818874
33147760
240954736164
2365084180
459625325259
51437104830
150521414
173507821
1367390331
7855 315 271 01
19 986 733 44
15 226 702 35
41 621 674 75
109 321 370 54
47 918 503 79
73 563 858 89
168 616 072 979 516 784 91 24
785 052 301 15
1177 820 370 52
3 517 832 36
274 138 980 669 000 492 00 00
413 649 492 00
12458 454 635 59
169270823637
188993847632
17224569344
61234500000
35853283
PERCENTAGE
TO TOTAL
1181
079
214
111
007
001
013
007
000
1613
025
148
029
036
003
006
000
2030
020
3872
433
001
002
012
PER
CAPITA
66 17
0 17
0 13
0 35
0 92
0 40
0 62
1 5 42 20
6 62
9 92
0 03
2 1 32 17
3 49
104 95
21647
1452
3918
2037
129
024
225
134
002
29568
458
2713
530
663
061
117
005
37195
365
70949
7940
023
027
211
1212 57
3 09
2 35
f 6 42
16 88
I 7 40
1 11 36
f 25 95 94 24
121 18
181 81
0 54
42 21 45 40
63 85
1923 13
1426
1592
145
516
000
26129
29174
2659
9452
005
1187145271493
Includes Assessment and Collection Allowance to
Outside Agencies in the amount of 10868194788
Note 1990 Population 6478216
10000
183252
54DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
55DEPARTMENT OF ADMINISTRATIVE SFRV1CES FISCAI nTVTSinN
FUNDING AND CUSTODY ACCOUNTS
BALANCE SHEET
GOVERNMENTAL FUND TYPE
JUNE 30 1991
Cash and Temporary Investments
ASSETS
GENERAL FUND
961968071il
LIABILITIES AND FUND EQUITY
Liabi1ities
Undrawn Appropriation Allotments
Fund Equity
Fund Balance
Reserved
For Appropriation to
Department of Transportation
For Fiscal Year 1992 General
Appropriation
For Midyear Adjustment Reserve
For Revenue Shortfall Reserve
94757327410
000
1439479701
000
000
Unreserved
Designated
Surplus
Total Fund Equity
1439479701
000
1439479701
Total Liabilities and Fund Equity
961968071il
The notes to the financial statements are an integral part of this statement
56
DDDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF CHANGES IN FUND BALANCE
GOVERNMENTAL FUND TYPE
YEAR ENDED JUNE 30 1991
FUND BALANCE JULY 1 1990
Reserved
Unreserved
Designated
Surplus
ADDITION
Excess of Funds Available over Allotments
DEDUCTIONS
Reserved
Fund Balance Carried Over from
Prior Year as Funds Available
GENERAL FUND
3702592186
000
t 3702592186
1439479701
S 3702592186
FUND BALANCE JUNE 30 1991
1439479701
The notes to the financial statements are an integral part of this statement
57 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
GENERAL FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
Remittance by Collecting Units of the State Net
Federal Financial Assistance Revenues
Energy U S Department of
Federal Energy Regulatory Commission
Payments in Lieu of Taxes
Power Sales
Total Revenues
CARRYOVER FROM PRIOR YEAR
Transfer from Reserved Fund Balance
For Appropriation to
Department of Transportation
For Midyear Adjustment Reserve
Total CarryOver from Prior Year
729523628733
6338662
j 729529967395
23422515
3679169671
1 3702592186
Total Funds Available
S 733232559581
EXPENDITURES
ALLOTMENTS
Legislative Appropriation to Spending Units
For Fiscal Year Ended June 30 1991
Less Current Year Funds Lapsed
Net Appropriation Fiscal Year Ended June 30 1991
Less Unreserved Fund Balance Surplus Lapsed
Net Allotments to Spending Units
Excess of Funds Available over Allotments
761922073000
11167226985
750754846015
18961766135
731793079880
1439479701
The notes to the financial statements are an integral part of this statement
t 733232559581
59 DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1991
State of Georgia
SPENDING UNIT
Adm1n1strat1ve Services Department of
Operations
Debt Service Fund
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Community Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Financing and Investment Commission Georgia State
Forestry Commission Georgia
General Assembly of Georgia
General Obligation Debt Sinking Fund
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
A Med1ca1d Services
B Indigent Trust Fund
Natural Resources Department of
Pardons and Paroles State Board of
PuIitrfBrrdA M1t SyStm f Pl Administration
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
Student Finance Commission Georgia
Teachers Retirement System
Technical and Adult Education Departn
Transportation Department of
Operations Motor Fuel Tax Funds
Special Appropriations
Veterans Service State Department of
Workers Compensation State Board of
ent of
LEGISLATIVE
APPROPRIATION
3528019300
000
3622048600
1530725800
684766700
1490661700
43715282100
919799900
284533243700
70000000
3441789200
2226790600
29714202000
5366552500
1697769000
312500000
595850700
675850000
52057580800
51522906900
1680617900
1307910300
3640870700
453279300
569690300
4150012100
58424200
99694500
196559900
12431600
83337300
39992300
17
930269200
65122793200
3703940000
7030244600
3500034000
000
8215611900
1404591400
953704300
746024300
000
76025779900
14959966900
11464100
7409098700
2131979400
179810400
186715500
2274425400
355000000
12783885500
48357571900
714513400
2165010800
860478300
APPROPRIATION FOR FISCAL
GOVERNORS
EMERGENCY BUDGET
FUND ADJUSTMENTS
2230800
5036200
74982300
2000000
50000000
9850000 J
888600
11305800
302986900
21063800
1500000
11700000
500000
21427000
65608400
9500000
1565000
6150000
2000000
1429000
3000000
1250000
6410300
255500000
6410300
255500000
761922073000 J
000 S
000
Note 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 DivisionDEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
FUNDING AND CUSTODY ACCOUNTS
ANALYSIS OF APPROPRIATION ALLOTMENTS
YEAR ENDED JUNE 30 1991
YEAR 1991 BALANCE DUE CASH FUNDS

FUNDS NET SPENDING UNIT ALLOTMENTS RETURNED BY SURPLUS BALANCE
LAPSED 00 APPROPRIATION 3354831700 JULY 1 4 146 1990 51295 DRAWN 97 SPENDING UNIT 1 LAPSED 1141875 19 JUNE 30 1991
1754184 34379612 217334179
000 26 98000 2698000
3827084800 728 58140 38273792 47 210815 19 51482174
275000 00 1503225800 225 12121 15223738 96 2728 48 3091177
17 1384 00 667628300 65 11401 6741397 01 1 428293 4282 93 000
53752 00 1560268800 10889 37867 23892630 09 502325265 5023252 65 259943658
6700000 00 43047282100 29167 66400 430141350 00 5925906309 59259063 09 2949913500
1034720 no 866327900 456 23837 8649755 83 46976154
1462782 00 284390405200 70000000 87144 31022 2 000 882838895 22 300000000 16026471 b 3518299525 70000000
650240 00 3377653800 3784 04460 34550000 00 322170 73 268841187
1000000 00 2126790600 2746 69302 20158381 70 1496411 02 235980630
15447015 00 28425000500 7779 66280 292029667 80 000
1303168 00 5236235700 47500 00000 56927174 20 4293518280
400000 00 1669074800 000 15969522 52 282265 05 43896043
95131 00 000 595850700 675850000 000 000 000 5958506 6758500 50 00 050 000
131886200
51946758400
757933434
52187662886
517028948
550000000 50974406900 2 87195823 51124360153 900000000 1035742570 1500000
4369800 1687948100 2 53385886 1774200310 1320567400 1325182668 1 62518408
1307910300 55645245 1250367818 22000000 60857224 74330503
50000000 3590870700 059 3590870759 6573191 6573191 000
453279300 000 453279300 1600383 1600383 000
569690300 000 568283041 5525024 5525024 1407259
75000000 4075012100 000 4039383850 30937202 4691048
58424200 000 58424200 103578 103578 000
99694500 000 99694500 000
197059900 9752020 206811920 1041521 1041521 000
12431600 2760300 15191900 302102 302102 000
83337 300 000 83337300 29332 29332 000
1739992300 000 1739992300 178147731 178147731 000
71400000 880296200 000 880296200 3571524 3571524 000
6250000000 58872793200 75 69760023 63526592003 125501343 27 90459877
3703940000 000 3415835644 2 88104356
92396200 7003456800 27 32556713 7943378842 61239885 611239885 12 42634671
125900000 3374134000 9500000 1 97800000 000 3497180900 9500000 34324728 34324728 74753100 000
168500000 8047111900 3 26612061 7856729313 17225796 4 99768852
1406156400 2 34155268 1521094617 25233352 93983699
953704300 000 953704300 000
33580200 712444100 000 24606680 321057 736755303 321057 7454445 7454445 295477 000
164053900 75867876000 30 94797400 76019325900 1344862117 1344862117 29 43347500
55946100 14904020800 11464100 5 89500000 000 14826128100 11464100 16351898 16351898 6 67392700 000
273826000 7137272700 7 97287062 7375675146 50191644 5 08692972
30000000 2103408400 9277878 2079684658 6077393 6077393 33001620
4000000 175810400 000 172648158 228262 228262 3162242
6658200 180057300 49522050 166426094 10144519 53008737
2097700 2278738000 000 2278738000 402469 402469 000
355000000 000 355000000 21972613 21972613 000
33250000 12753635500 7 93025406 13289670825 368407945 368407945 2 56990081
0 85 48102071815 631 70652572 41240400000 700 32324387
3500000 711013400 144 57591038 7378700000 26610785 4776610785 30 39904438
5000000 2161260800 1 05826509 2244018787 404927 404927 23068522
1125000 859353300 000 859340896 1555408 1555408 12404
111167226985 1750754846015 1114985994609 1763079761607 1 11058014528 118961766135 194757327410
61BALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
63

BALANCE SHEET OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
JUNE 30 1991
ASSETS
Cash and Temporary Investments Net
Accounts Receivable
Inventori es
Prepaid Expenditures
11727966919
222163162176
3617972140
89770648
Total Assets
S 237598871883
LIABILITIES AND FUND EQUITY
Li abi 1 i ties
Contracts Payable
Grants Payable
Accrued Payroll
Payroll Withholdings
Deferred Revenue
Incurred but not Reported Claims
Health Claim Expense
Contractors Retainage Escrow Deposits
Vouchers Payable
Total Liabilities
89096652519
7510950471
712052863
767109619
658486868
10760500000
3125483484
23946494959
136577730783
Fund Equity
Fund Balances
Reserved
Unreserved
Surplus
Balance July 1 1990
Excess of Funds Available over Expenditures
For the Year Ended June 30 1991
Prior Years Adjustments and Increases
Decreases in Fund Balance
Prior Years Unreserved Funds Lapsed to
Department of Administrative Services Fiscal Division
Balance June 30 1991
Total Fund Equity
97756620118
1737196791
102355939928
81866849602
18961766135
3264520982
S 101021141100
Total Liabilities and Fund Equity
S 237598871883
Note Receivables due to the Department of Administrative Services
from State units for services rendered and the corresponding
payables in the amount of 431990019 have been eliminated
from the above Balance Sheet
The notes to the financial statements are an integral part of this statement
65 COMBINING BALANCE SHEET BY STATE UNITS
BUDGET FUND
67COMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1991
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
Comnunity Affairs Department of
Corrections Department of
Defense Department of
Education Department of
Employees Retirement System Administrative Expense Fund
Financing and Investment Commission Georgia State
Forestry Commission Georgia
General Assembly of Georgia
General Obligation Debt Sinking Fund State of Georgia
General Obligation Debt Sinking Fund State of Georgia Issued
General Obligation Debt Sinking Fund State of Georgia 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
A Medicaid Services
B Indigent Trust Fund
Natural Resources Department of
Pardons and Paroles State Board of
Personnel Board State Merit System of Personnel Administration
Public Safety Department of
7T Public Safety Department of
B Units Attached for Administrative Purposes Only
Pub ic School Employees Retirement System Expense Fund
Public Service Commission
Re8entS f tne 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 Comnission
Soil and Water Conservation Comnission State
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
510157336 852369550 290919442
18088910 165260060 000
5683468 3241177 000
745392 000 000
93288912 2996007402 000
1009378573 3665096904 964030098
18304994 381860623 0 00
2564838086 11558766791 152567683
20000 3902266 000
69228282 70000000 000
35828182 372885089 67410781
33761068 235980630 000
000 000 000
4293518280 4293518280 000
2739240394 706714497 000
000 000 000
2210343 050 000
5251012 000 000
5477132883 14617771359 412442128
6111809867 8041117066 408777579
92272723 164282695 31100284
14198780 138345657 000
84157616 24568524 27146076
1264991 000 000
35437421 1415592 000
40775243 13375094 000
6029662 202500 000
3144621 000 000
4489866 954888 000
2609987 000 000
3187200 16764369 000
151143678 1653987582 32390229
2397905 49350693 000
2850551793 6754805962 4884513
000 724070192 000
2459950462 1331449407 65396033
10047303 92596723 0 00
22917270514 1128370913 000
304374739 557756990 114324201
44073851 113025351 000
000 000 000
59386263 23561007 000
25884503 2943347500 000
15395691 667392700 0 00
17136491 77929123 17135102
139549287 520729874 4951906
9033226 35499129 000
779478 3162242 000
6003831 57078751 000
6328527 29468035 000
17990 000 000
2739933 13744936 000
636500615 1222135340 144569385
4774387251 1 56068613192 879926700
16182373 202663086 0 00
8018023 12404 000
11727966919 222595152195 3617972140
The notes to the financial statements are an integral part of this statement
68 COMBINING BALANCE SHEET
BY STATE UNITS
BUDGET FUND
JUNE 30 1991
LIABILITIES AND FUND EQUITY
FUND EQUITY
PREPAID
EXPENDITURES
000 1
000
000
000
000
000
000
41165
000
133150
000
000
000
000
000
000
000
000
70098463
10551449
000
000
000
000
979313
000
000
000
000
000
000
244241
000
000
000
000
000
000
000
000
000
000
000
000
000
5853897
000
000
000
000
000
000
1868970
000
000
000
TOTAL
ASSETS
16534
1833
89
7
29027
36197
4001
91465
39
9
4044
2697
46328
48970
24645
45392
18490
48429
65617
37553
22266
04868
67688
41698
000
000
3445954891
000
2210393
5251012
9623179067
2348636227
287655702
124146877
135872216
1264991
37832326
54150337
6232162
3144621
5444754
2609987
13577169
1837765730
46952788
3909138682
724070192
3856795902
82549420
24045641427
367706452
157099202
000
82947270
2969232003
682788391
112200716
391986390
44532355
2382764
63082582
23139508
17990
16484869
2005074310
161722927143
186480713
8030427
LIABILITIES
9958
1352
65
2
28551
25717
3152
86623
39
14
2597
75
99440
09124
82155
77404
88445
08651
62259
44688
02266
50486
17874
81559
RESERVED
FUND BALANCE
494437852
12097736
000
000
40097166
969623073
35632690
279999461
20000
545618
67629744
207957329
000 000
000 000
710719289 2702812222
000 000
2209027
5250224
000
000
7143814125 1882463516
1175441983
244282009
44040691
21643163
449562
857646
20213229
5805137
000
3847359
210922
13382952
1445219143
45476495
21714406
72123900
2147391286
72111234
12533434170
180540357
129423159
000
73876721
2968290081
681633139
110861780
292799836
24005592
551582
39577603
20778198
17990
7671400
1356474548
89388794856
184747523
4914134
707671754
31100284
000
52020298
000
000
000
000
3144621
60436
000
000
390111590
000
3018524806
651946292
1644705474
100000
11512207257
165324056
350000
000
000
368952
724067
1338936
5100000
3074580
000
20346943
000
000
200000
547448054
72308526547
000
000
UNRESERVED
FUND BALANCE
SURPLUS
163109036
36042110
2342490
467988
7432879
78416705
49270668
204193404
000
000
77120070
54202810
000
000
32423380
000
1366
788
596901426
465522490
12273409
80106186
62208755
815429
36974680
33937108
427025
000
1536959
2399065
194217
2434997
1476293
868899470
000
64699142
10338186
000
21842039
27326043
000
9070549
572970
431185
000
94086554
17452183
1831182
3158036
2361310
000
8613469
101151708
25605740
1733190
3116293
TOTAL
FUND EQUITY
657546888
48139846
2342490
467988
47530045
1048039778
84903358
484192865
20000
545618
144749814
262160139
TOTAL
LIABILITIES
AND
FUND EQUITY
000
000
2735235602
000
1366
788
2479364942
11
73194244
43373693
80106186
14229053
815429
36974680
33937108
427025
3144621
1597395
2399065
194217
392546587
1476293
3887424276
651946292
1709404616
10438186
11512207257
187166095
27676043
000
9070549
941922
1155252
1338936
99186554
20526763
1831182
23504979
2361310
000
8813469
648599762
72334132287
1733190
3116293
16534
1833
89
7
29027
36197
4001
91465
39
9
4044
2697
46328
48970
24645
45392
18490
48429
65617
37553
22266
04868
67688
41698
000
000
3445954891
000
2210393
5251012
9623179067
2348636227
287655702
124146877
135872216
1264991
37832326
54150337
6232162
3144621
5444754
2609987
13577169
1837765730
46952788
3909138682
724070192
3856795902
82549420
24045641427
367706452
157099202
000
82947270
2969232003
682788391
112200716
391986390
44532355
2382764
63082582
23139508
17990
16484869
2005074310
161722927143
186480713
8030427
89770648 S238030861902 1137009720802 S97756620118 S 3264520982 Si 01021141100 S238030861902
69STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
71 STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
STATE APPROPRIATION
General Appropriation
Amended Appropriation
Less Lapsed Funds
FEDERAL FINANCIAL ASSISTANCE REVENUES
DEPARTMENTAL FUNDS
Taxes
Donat1ons
Interest Earned
Contributions from Public Trust Funds
Earnings from Services
Total Revenues
CARRYOVER FROM PRIOR YEAR
Transfer from Reserved Fund Balance
778535750000
16613677000
76l922o730OO
11167226985 t 750754846015
10868194788
252639962
2079315221
843249007
130744862539
306139327137
1447882615 17
J 1201682434669
97360339573
Total Funds Available
1299042774242
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Ret 1rement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
Drug Testing
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 C1v1l Divisions
Other Operating Expenses
Extraordinary Expenditures
Duplicating and Rapid Copy
Publications and Printing
MOTOR VEHICLE PURCHASES
EQUIPMENT
132360205466
92 225 788 44
235 037 761 16
125 115 184 44
7 422 435 51
1 552 486 40
14 401 396 12
7 661 866 81
148 574 50 483 565 493 38
29 433 932 76
140 796 086 84
24 453 725 65
12 643 980 45
3 761 228 29
7 068 63 389 108 16 56
80 159 74 789 434 98 13
1 802 089 11
14 744 675 753 169 34 64
1 693 439 64
11 912 360 92
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
Equ1pment
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
Per D1em Fees and Contracts
Per Diem and Fees
Contracts
Computer Billings DOAS
REAL ESTATE RENTALS
TELECOMMUNICATIONS
PER DIEM FEES AND CONTRACTS
Per D1em and Fees
Contracts
2792206505
214204337
171547046
149298924
396563317
779078
23100438
379326138
2276536632
13303159
35237151
136674873
2131131947
4724734311
14441238071
20059739541
180716754804
32928248847
1881272484
1446238729
3177957888
10266685968
4746475922
2824729148
34500977612
72STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES OF ALL STATE UNITS
EXCLUDING UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
BUDGET FUND
YEAR ENDED JUNE 30 1991
EXPENDITURES
CAPITAL OUTLAY
Personal Services
Salaries and Wages
Employers Contribution for
FICA
Other Costs
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Rents Other than Real Estate
Insurance and Bonding
Other Expenditures
Travel
Equ1pment
Equipment Purchases
Computer Charges
Equlpmen t
Equipment Purchases
Per D1em Fees and Contracts
Contracts
Telecommunications
Per Di em Fees and Contracts
Per Di em and Fees
Contracts
AUTHORITY LEASE RENTALS
GENERAL OBLIGATION DEBT SINKING FUND
4032830
62970
1369233
8944524
34834152
4683562
715300
1869760
8040350
27580000
6800516
74267746448
4095800
52416531
930404
39990432
35620350
184694
74274546964
74407785175
173283236
34725236200
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Ret 1rement
Health Insurance
Personal Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Assessments by Merit System
Drug Test 1ng
Other Costs
Motor Vehicle Expenses
Supplies and Materials
Repairs and Maintenance
Utll1t1es
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Direct Benefits Medical Care and Public Assistance
Tuition and Scholarships
Grants to Counties Cities and Civil Divisions
Other Expenditures
Extraordinary Expend Hures
Duplicating and Rapid Copy
Publications and Printing
Travel
Motor Vehicle Purchases
Equ1pment
Equipment Purchases
LeasePurchase of Equipment
Rental of Equipment
Computer Charges
Other Costs
Supplies and Materials
Repairs and Maintenance
Other Expenditures
Software
Equi pment
Equ1pment Purchases
LeasePurchase of Equipment
Rental 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
Authority Lease Rentals
Total Expenditures
Excess of Funds Available over Expenditures
7874046236
181674316
1874881887
685368336
91979400
2078097
17360788
101451615
457000
24613740
3494824748
989483970
3029614368
17458243
52979958
26836904
2329 38757166
23 57640767
4594 45116348
499 14455168
83004450
4163857
1 76154239
5 53198406
1 38704677
2 92306504
7482532
8354477
101292
34153318
2 46001280
8232753
6264154
128129
1704367
3 53028784
1404980131
41638238883
10829297675
752555103926
117400860
76431506
984209587
665451066
45374457
4531656741
43043219014
1864543449
178500000 814891188301
1196686834314
102355939928
Includes assessment and collection allowance to
outside agencies In the amount of 10868194788
1299042774242
The notes to the financial statements are an Integral part of this statement
73 Ig
mmCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
75COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
TOTAL
750754846015
306139327137
144788261517
ADMINISTRATIVE
SERVICES
DEPARTMENT OF
3354831700
000
12697792636
AGRICULTURE
DEPARTMENT OF
3827084800
594012874
143381689
1201682434669 16052624336 4564479363
97360339573
1856834
147622
Total Funds Available
1299042774242 16238307824 4564626985
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
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
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
180716754804
32928248847
1881272484
1446238729
3177957888
10266685968
4746475922
2824729148
34500977612
74407785175
173283236
34725236200
814891188301
4838838231
1202462387
22239954
47517987
481111660
945987353
369115862
171623276
373771876
36610000
000
000
7431026889
3069575531
388964412
93193838
51905720
21450259
45915748
73588750
34742347
46825012
30297800
000
000
663147396
1196686834314
102355939928
15920305475
318002349
4519606813
45020172
1299042774242 16238307824 4564626985
The notes to the financial statements are an integral part of this statement
76 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
AUDITS
AND ACCOUNTS
DEPARTMENT OF
BANKING
AND FINANCE
DEPARTMENT OF
COMMUNITY AFFAIRS
DEPARTMENT OF
CORRECTIONS
DEPARTMENT OF
DEFENSE
DEPARTMENT OF
EDUCATION
DEPARTMENT OF
1503225800
000
000
667628300
000
000
1560268800
3113744082
132326346
43047282100
94128861
1321965948
866327900 284390405200
1741166951 39518014056
23499594 321512058
1503225800 667628300 4806339228 44463376909 2630994445 324229931314
000
000
14581738
5736595
29368129
410989127
S 1503225800 t 667628300 4820920966 44469113504 t 2660362574 t 324640920441
1284965726
37155570
62714880
000
948645
26226574
77185498
9888615
3245000
000
000
000
ChOO
1502330508
895292
559920450
23279472
28226739
16908594
930385
9485174
21332227
4798616
2393745
000
000
000
000
667275402
352898
564624758
26040649
14384158
000
1696064
15795450
48359352
4576000
89679927
000
000
000
4039661600
4804817958
16103008
32109966957
3870355670
165991947
408605320
521836649
458721198
475894986
370598893
259962213
21294213
10000000
000
5776400142
44449628188
19485316
816981534
443471593
9820868
000
6373806
5754588
9382894
15133379
83281124
000
000
000
1119922796
2510122582
150239992
4310439221
410330588
96489641
000
39834733
550897271
239352682
107171248
1612701700
3500000
000
000
9862
326031376946
1390456505
S 1503225800 t 667628300 S 4820920966 44469113504 t 2660362574 t 324640920441
77COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
Total Funds Available
EMPLOYEES
RETIREMENT
SYSTEM
ADMINISTRATIVE
EXPENSE FUND
FINANCING
AND INVESTMENT
COMMISSION
GEORGIA STATE
FORESTRY
COMMISSION
GEORGIA
GENERAL ASSEMBLY
OF GEORGIA
f 2951 000 000 46634 70000000 000 150751450 3377653800 188048981 394149115 2126790600 000 000
1 2951 46634 220751450 3959851896 2126790600
000 1903710 719184 120265621
2951 46634 222655160 3960571080 J 2247056221
EXPENDITURES
PERSONAL SERVICES 135426582
REGULAR OPERATING EXPENSES 23442742
TRAVEL 1846661
MOTOR VEHICLE PURCHASES 000
EQUIPMENT 485746
COMPUTER CHARGES 28992182
REAL ESTATE RENTALS 19075500
TELECOMMUNICATIONS 2872961
PER DIEM FEES AND CONTRACTS 82984260
CAPITAL OUTLAY 000
AUTHORITY LEASE RENTALS 000
GENERAL OBLIGATION DEBT SINKING FUND 000
PJHER OOQ
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
116366132
3098863
1950267
000
000
831402
9239500
915648
10164597
000
000
000
79004450
2915745704
523336217
14565213
59165038
138591793
17889631
4674000
103253257
75809735
000
000
000
35014411
1368938621
214607246
5816588
000
9794834
33587119
276000
52228979
196510970
000
000
000
103135725
295126634
20000
221570859
1084301
3888044999
72526081
1984896082
262160139
295146634 222655160 3960571080 2247056221
The notes to the financial statements are an integral part of this statement
78 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
GENERAL OBLIGATION DEBT SINKING FUND
STATE OF GEORGIA
GENERAL OBLIGATION
DEBT SINKING FUND
STATE OF GEORGIA
ISSUED
GENERAL OBLIGATION
DEBT SINKING FUND
STATE OF GEORGIA
NEW
GOVERNOR OFFICE OF THE
GOVERNORS
OFFICE
GOVERNORS
EMERGENCY FUND
GRANTS STATE AID
TO COUNTIES
TO INCORPORATED
MUNICIPALITIES
28425000500
000
000
5236235700
000
000
1669074800
1784480302
245385361
000
000
000
595850700
000
000
675850000
000
000
28425000500 5236235700 3698940463
000
595850700
675850000
000
000 3139021029
000
000
000
28425000500 5236235700 6837961492
000
595850700
000 000 1164628320 000 000 000
000 000 89299666 000 000 000
000 000 18175353 000 000 000
000 000 000 000 000 000
000 000 7270001 000 000 000
000 000 35102317 000 000 000
000 000 78166470 000 000 000
000 000 24756607 000 000 000
000 000 2108112444 000 000 000
000 000 000 000 000 000
000 000 000 000 000 000
28425000500 52362 35700 000 000 000 000
000 000 514062585 000 5958 49334 6758 49212
28425000500 5236235700 4039573763 000 595849334 675849212
000 000 2798387729 000 1366 788
28425000500 5236235700 6837961492 000 595850700 6758 50000
79COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
HUMAN RESOURCES DEPARTMENT OF
B
COMMUNITY MENTAL
HEALTHMENTAL
A RETARDATION
DEPARTMENTAL YOUTH SERVICES
OPERATIONS AND INSTITUTIONS
INDUSTRY TRADE
AND TOURISM
DEPARTMENT OF
51946758400
69336777551
6353114264
50974406900
7556123058
11988058868
1687948100
000
145866511
INSURANCE
DEPARTMENT OF
1307910300
65942084
54204209
127636650215 70518588826 1833814611 1428056593
749153486
400689349
000
000
Total Funds Available
128385803701 70919278175 18338146il 1428056593
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
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
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
19850570129
10344969974
394172160
95264490
212142707
2143410782
1031959080
447025246
2905242728
16048700
000
000
88905914062
40040231193
3839415271
106868014
27048571
211302900
471762375
121807744
297357096
1006420616
000
77000000
000
23604931378
797902562
143297507
32755041
1762000
3250413
11737402
65192197
19818642
38447087
000
000
000
713175873
1054367926
71512005
33619416
9318678
3790234
39063658
51474300
20443615
47112932
000
000
000
0J0
126346720058
2039083643
69804145158
1115133017
1827338724
6475887
1330702764
97353829
128385803701 70919278175 18338146il 1428056593
The notes to the financial statements are an integral part of this statement
80
mmmCOMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
INVESTIGATION
GEORGIA BUREAU OF
SUPREME
COURT
COURT
OF APPEALS
JUDICIAL SYSTEM
CONTINUING
SUPERIOR JUDICIAL EDUCATION
COURTS INSTITUTE OF
INDIGENT DEFENSE
COUNCIL GEORGIA
3590870700
186943626
128166332
3905980658
453279300
000
50938105
504217405
569690300
000
5858216
4075012100
68284602
90989304
575548516 4234286006
58424200
202500
4914790
63541490
99694500
000
11187621
110882121
57025939
000
000
200000
000
2788693
j 3963006597 j 504217405 S 575548516 4234486006
63541490
113670814
2670481860 377392756 485228193 3724483811
246529601 47956478 14363635 30002686
68016925 3215058 3247981 47119237
135704614 000 000 000
124343373 9243414 7434368 119765
74923968 12169363 6033183 000
186458530 28642433 18452500 000
180268922 4370343 2686302 000
85883438 20412131 1776684 76399050
31467621 000 000 000
000 000 000 000
000 000 000 000
47715066 000 000 327964743
3851793918 503401976 539222846 4206089292
111212679 815429 36325670 28396714
000
13140801
000
000
303955
2690660
000
000
47394987
000
000
000
000
11082994
95965598
931027
000
103262
1493415
249500
493145
207252
000
000
000
000
63530403
11087
110526193
3144621
S 3963006597 1 504217405 575548516 S 4234486006
63541490
113670814
81 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
JUDICIAL SYSTEM
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE

JUDICIAL
COUNCIL
197059900
6733361
6978335
210771596
000
JUDICIAL
QUALIFICATIONS
COMMISSION
12431600 J
000
3000
12434600
000
JUVENILE
COURT JUDGES
COUNCIL OF
83337300
66886560
5535662
LABOR
DEPARTMENT OF
1739992300
13769318822
174386958
155759522 15683698080
12651
28845524
Total Funds Available
210771596
12434600
155772173 15712543604
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSFS
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
OTHER
Total Expenditures
74859213 6665208 54064276 6488066720
8288685 1328136 64150845 669702341
1516598 211756 2831373 111100450
000 000 000 3848082
1178297 42400 6467909 81583454
4227697 000 9824834 1305570687
3692124 96800 4422000 171734590
845063 138368 1263093 122390771
2564420 1552867 12553626 278880088
000 000 000 142258
000 000 000 000
3 FUND 000 000 000
000
112714201 000 000 6299432479
209886298 10035535 155577956 15532451920
EXPENDITURES 885298 2399065 194217 1800916 84
210771596 12434600 155772173 15712543604
The notes to the financial statements are an integral part of this statement
82 COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
LAW
DEPARTMENT OF
MEDICAL ASSISTANCE DEPARTMENT OF
B NATURAL PARDONS
A INDIGENT RESOURCES AND PAROLES
MEDICAID SERVICES TRUST FUND DEPARTMENT OF STATE BOARD OF
PERSONNEL BOARD
STATE MERIT
SYSTEM OF
PERSONNEL
ADMINISTRATION
880296200 58872793200
000 115801873644
126855483 5688473965
3703940000
5867447918
000
7003456800
4676236135
2686242037
3374134000
38592166
3601343
9500000
000
65034099771
1007151683 180363140809 9571387918 14365934972 3416327509 65043599771
000 10115516324
000 1100644547
100000 14657099334
1007151683 190478657133 S 9571387918 15466579519 3416427509 79700699105
785984668 1263363680 000 6588823484 2732087227 775541971
48975730 52968102 000 1191009876 109287087 173828954
13495053 9689615 000 53141284 66137217 7303353
000 000 000 154648782 31463868 000
2780637 4504575 000 193276297 22790806 7257413
25457044 1630441975 000 114691223 44802384 267503397
45318500 91837432 000 204323822 215169058 88825275
10621808 30033471 000 102877908 74556505 27779789
61411811 4696228456 721 23900 453342627 51624169 7292454893
000 000 000 67440517 000 000
000 000 000 86283236 000 000
000 000 000 000 000 000
12099858 178318465275 88 473 17726 4654146561 60827602 48684092516
1006145109 186097532581 89 19441626 13864005617 3408745923 57324587561
1006574 4381124552 6 519 46292 1602573902 7681586 22376111544
j 1007151683 t 190478657133 1 9571387918 15466579519 3416427509 1 79700699105
83COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
PUBLIC SAFETY DEPARTMENT OF
B
A UNITS ATTACHED
PUBLIC SAFETY FOR ADMINISTRATIVE
DEPARTMENT OF PURPOSES ONLY
8047111900
32010513
236534970
1406156400
327592800
159619241
PUBLIC SCHOOL
EMPLOYEES
RETIREMENT
SYSTEM
EXPENSE FUND
953704300
000
000
PUBLIC SERVICE
COMMISSION
712444100
166718553
3401281
8315657383 1893368441 953704300 882563934
10259000
646080
000
000
Total Funds Available
8325916383 1894014521
953704300
882563934
EXPENDITURES
PERSONAL SERVICES
REGULAR OPERATING EXPENSES
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
OTHER
Total Expenditures
EXCESS OF FUNDS AVAILABLE OVER EXPENDITURES
6213773794 806004884 000 639995518
936503405 319391406 000 41982209
9769259 12599225 000 16921232
280619447 1240100 000 4795730
125910405 25618958 000 4296885
360940669 45071115 000 26592323
7874512 16423978 000 30982700
110436545 14778053 000 10473674
32292407 102061584 000 101490187
48033355 000 000 000
000 000 000 000
000 000 000 000
132911512 533161709 9537 04300 000
8259065310 1876351012 9537 04300 877530458
66851073 17663509 000 5033476
8325916383 1894014521 953704300 8825 639 34
The notes to the financial statements are an integral part of this statement
84
COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
REGENTS OF THE UNIVERSITY SYSTEM
OF GEORGIA BOARD OF
B
REGENTS REMOVAL OF
A CENTRAL OFFICE AND HAZARDOUS
RESIDENT OTHER ORGANIZED MATERIALS
INSTRUCTION ACTIVITIES AGENCY FOR
SECRETARY OF STATE
A B
REVENUE SECRETARY REAL ESTATE
DEPARTMENT OF OF STATE COMMISSION
75867876000
000
23921871
14904020800
3213000
17645288
75891797871 14924879088
11464100
000
507062125
7137272700
000
11159652273
2103408400
3974459
69944893
518526225 18296924973 2177327752
175810400
000
1080095
176890495
000
000
7311943
5600000
1660495
000
S 75891797871 S 14924879088
525838168 18302524973 S 2178988247
176890495
97444221
44924779
4503569
000
78533689
36709003
3486802
65534904
18676952
000
000
000
75541615000
75891428919
368952
430014671
38036298
9345177
000
18542911
3236145
21357300
7315451
4650311
000
000
000
14391656757
14924155021
724067
255224080
162990775
26571024
1829143
9330327
7327
000
3079700
65691110
000
000
000
000
524723486
1114682
4729064996
381770828
115023713
11544683
28294205
710745687
348878814
104780344
10797572309
000
000
000
982348576
18210024155
92500818
1501233577
200032788
19486411
2535000
6588333
81007697
227291370
29471414
65205739
000
000
000
32344009
2165196338
13791909
98279736
15497623
1487958
1865842
1264331
32346605
11369256
2292769
10733318
000
000
000
000
175137438
1753057
j 75891797871 14924879088 S 525838168 S 18302524973 S 2178988247
176890495
85COMBINING STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
BY STATE UNITS
BUDGET FUND
YEAR ENDED JUNE 30 1991
FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION
FEDERAL FINANCIAL ASSISTANCE REVENUES
REVENUES AND EARNINGS RETAINED BY UNITS
Total Revenues
CARRYOVER FROM PRIOR YEAR
TRANSFER FROM RESERVED FUND BALANCE
SOIL AND WATER
CONSERVATION STUDENT FINANCE SUBSEQUENT
COMMISSION STATE COMMISSION GEORGIA INJURY TRUST FUND
180057300
111108419
000
291165719
000
2278738000
000
493666004
2772404004
000
000
000
92637105
TEACHERS
RETIREMENT
SYSTEM
EXPENSE FUND
355000000
000
521871682
92637105 876871682
000
260052
Total Funds Available
29U65719 2772404004 92637105 877131734
EXPENDITURES
PERSONAL SERVICFS
REGULAR OPERATING EXPENSFS
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
OTHER
Total Expenditures
86721866 412781670 55508425 316121898
13466500 36479283 3977239 31801637
5488634 4666041 1275824 2593169
984139 1143045 000 000
1769477 3905940 644044 1356083
540253 30274392 3210180 102727530
5039660 000 6605504 30018372
1697687 14659310 866370 7055909
96185766 2095192 20578990 30257136
000 000 000 000
000 000 000 000
G FUND 000 000 000 000
55783958 2264492300 000 92666576 3 463 865 31
267677940 2770497173 868318265
EXPENDITURES 23487779 1906831 29471 8813469
291165719 1 2772404004 J 92637105 J 877131734
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 1991
TECHNICAL AND
ADULT EDUCATION
DEPARTMENT OF
TRANSPORTATION
DEPARTMENT OF
VETERANS
SERVICE STATE
DEPARTMENT OF
WORKERS
COMPENSATION
STATE BOARD OF
12753635500
2553684867
1742344444
48813085215
38022624022
21454244706
2161260800
443442370
00
17049664811 108289953945 2604703170
859353300
000
19249932
878603232
491633739
65822476174
000
000
17541298550 S 174112430119 S 2604703170 t 878603232
428703041
39032985
12077237
000
1578239
40380226
47376433
16482378
137177605
105701898
000
000
16261787882
17090297924
451000626
22443536406
6195656299
135768188
96519856
746725840
431030043
129048058
171458755
898037063
74046035919
000
1064000000
1025129801
107382946228
66729483891
469556011
12760735
6629346
000
954224
1364905
22522851
6045443
3490134
1212894
000
000
2078443128
2602979671
1723499
695174372
31405671
6278812
000
403243
19511814
82900706
12770529
17305444
000
000
000
8891096
874641687
3961545
17541298550 1 174112430119 t 2604703170 S 878603232
87 STATE REVENUE COLLECTIONS FUND
COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
89COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1991
STATE UNIT
Administrative Services Department of
Agriculture Department of
Audits and Accounts Department of
Banking and Finance Department of
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
Student Finance Commission Georgia
Transportation Department of
Workers Compensation State Board of
RENTS ON
CASH BALANCE TAXES FINES INVESTMENT
JULY 1 1990 AND FORFEITS PROPERTIES
13673104 000 5679 32079
55160115 3691000 000
000 000 000
000 5372600 000
000 000 000
5000 000 000
000 000 000
000 000 000
60068595 000 000
37006554 19055252116 000
2078100 2780000 000
518160 000 000
000 000 000
23061 248658137 000
000 000 000
000 000 000
508553 1657868504 000
000 000 000
000 667268050 000
227500 000 000
000 000 000
26042521 682480749639 000
625525 000 000
000 000 000
000 000 000
12000 000 000
000 000 000
148526846 704121640046
567932079
The notes to the financial statements are an integral part of this statement
90 COMBINING STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
BY STATE UNITS
STATE REVENUE COLLECTIONS FUND
YEAR ENDED JUNE 30 1991
DISBURSEMENTS
TRANSFERS TO
STATE REVENUE COLLECTIONS DEPARTMENT OF ADMINISTRATIVE
EARNINGS FROM
INTEREST FEES RENTS AND SERVICES FISCAL CASH BALANCE
RECEIVED SALES FOR SERVICES 690498719 TOTAL 8710142744 DIVISION JUNE 30 1991
7451711946 8714713322 9102526
000 523643819 527334819 582494934 000
000 197087282 197087282 197087282 000
000 723818559 729191159 729191159 000
000 62860178 62860178 62860178 000
000 58736177 58736177 58741177 000
000 6911625 6911625 6911625 000
000 54772850 54772850 54772850 000
000 1994350253 1994350253 2054216448 202400
000 110657521 19165909637 19171040577 31875614
000 18826490 21606490 24576040 891450
000 18592825 18592825 18949075 4825010
000 7905153 7905153 7902153 3000
000 1224337321 1472995458 1473018519 000
000 18388726 18388726 18388726 000
92943285 3703940000 3796883285 3796883285 000
000 131480135 1789348639 1789627042 230150
000 143051063 143051063 132091091 10959972
000 832726769 1499994819 1499994819 000
000 292973400 292973400 292950900 250000
34923491 30528556 65452047 65452047 000
000 3682303879 686163053518 686138370129 1359132
000 1814958331 1814958331 1812610938 2972918
000 1439000 1439000 1439000 000
000 413000 413000 000 413000
000 000 000 12000 000
000 819333417 819333417 819333417 000
7579578722 S 17164535048 729433685895 S 7 29523628733
58584008
91DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA
GENERAL OBLIGATION DEBT SINKING FUND
93DEPARTMENT OF ADMINISTRATIVE SERVICES FISCAL DIVISION
STATE OF GEORGIA GENERAL OBLIGATION DEBT SINKING FUND
COMBINED BALANCE SHEET
GOVERNMENTAL FUND TYPE AND ACCOUNT GROUP
JUNE 30 1991
GOVERNMENTAL
FUND TYPE
DEBT SERVICE
ASSETS
Cash and Temporary Investments
Amount Available in Debt Service Fund
Amount to be Provided for Retirement
of General LongTerm Debt Note 1
ACCOUNT GROUP
GENERAL
LONGTERM
DEBT
TOTAL
Memorandum Only
4293754280 4293754280
4293754280 4293754280
231818245720 231818245720
Total Assets
4293754280 236112000000 240405754280
LIABILITIES AND FUND EQUITY
Li abi1i ties
General Obligation Bonds Payable
Fund Equity
Fund Balance
Reserved
For Debt Service
236112000000 236112000000
4293754280
4293754280
Total Liabilities and Fund Equity
4293754280 236112000000 t 240405754280
Note 1 The 231818245720 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
95DEPARTMENT 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 1991
CASH RECEIPTS
REVENUES
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 1990
297124535
65444586
33661236200
231679949
5173820051
1064000000
40130736200
5527967280
45658703480
DISBURSEMENTS
EXPENSE
Interest on Bonds
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981C
19810
1982B
1982E
1984B
1985A
1985C
1985F
1985G
1985H
1986A
1986B
1986C
1986D
1987A
1987B
1987C
1987D
1987E
1988A
1988B
1988C
1988D
1989A
1989B
The notes to the financial statements are an integral part of thi
59970750
99659250
112027500
78255500
123206250
111479375
155338750
11863750
55342500
56410500
46268750
2350000
17461250
7327500
151070625
95405750
327835750
163616250
32532500
9114000
107882000
56810000
247081250
85859000
25324000
931799750
35991000
54786250
69400000
2272160250
86211000
278527000
168945000
348864500
337652450
160788125
1403438000
428588000
1013649500
72583000
1176455500
736687500
512812250
s statement
96DEPARTMENT 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 1991
DISBURSEMENTS
EXPENSE
Interest on Bonds
1990A
1990S
DEBT RETIREMENT
Bonds Redeemed
1974A
1974B
1975A
1975B
1975C
1975D
1975E
1976A
1976B
1976C
1976D
1976E
1977A
1977B
1977C
1977D
1980A
1981A
1981C
1981D
1982B
1982E
1984B
1985A
1985C
1985F
1985G
1985H
1986A
1986B
1986C
1986D
1987A
1987B
1987C
1987D
1987E
1988A
1988B
1988C
1988D
1989A
1989B
1990A
1990B
1991A
Total Disbursements
CASH BALANCE JUNE 30 1991
1207913250
330204125 13866949200
87500000
166500000
152000000
170500000
189000000
155500000
199500000
47500000
170500000
185500000
204500000
46000000
72000000
37500000
399000000
310000000
181000000
573000000
146500000
28000000
404000000
149000000
346000000
105000000
28500000
330000000
1161000000
59000000
1388000000
1225000000
1126000000
139000000
3372500000
978500000
171000000
1407500000
611000000
2243000000
707000000
376000000
450000000
1103000000
877000000
3500500000
315000000
1404000000
27498000000
41364949200
4293754280
Note All paying agents fees and other items
of expense are paid by the Georgia State
Financing and Investment Commission
S 45658703480
The notes to the financial statements are an integral part of this statement
97 mmOLD STATE FIXED DEBT
99OLD STATE FIXED DEBT
Does not include Current Operation Obligations
PLEDGE OF FULL FAITH AND CREDIT
NEGOTIABLE BONDS
JUNE 30 1991 JUNE 30 1990
Due but not presented
General State Bonds of 1838 and 1879
Less Cash Reserve
Net Negotiable Old State Debt
1550500
1550500
000
1550500
1550500
000
PLEDGE OF ROAD REVENUE APPROPRIATION
Certificate of Debt to Counties No Interest
Due but not presented
1940 Refunding Certificates of Indebtedness
Less Cash Reserve
Net Debt to Counties
10000
10000
000
10000
10000
000
SUMMARY
Total Old State Debt Outstanding
Less Cash Reserve
1560500
1560500
1560500
1560500
Net Old State Fixed Debt
000
000
Note All old General State Bonds of the State of Georgia
are past due but have not been presented for redemption
Funds are held in the Department of Administrative
Services Fiscal Division as a reserve to liquidate
this obligation if and when the past due outstanding
bonds and coupons are presented
The notes to the financial statements are an integral part of this statement
101mammasammSCHEDULE OF GENERAL OBLIGATION BONDS
FOR THE PAYMENT OF WHICH THE STATE OF GEORGIA IS OBLIGATED
AND THE GOOD FAITH OF THE STATE IS PLEDGED
103SCHEDULE 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 1991
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
1990B
1991A
1991B
1991C
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
11190
2191
4191
4191
ORIGINAL AMOUNT
OF ISSUE OUTSTANDING 927500000 MATURITIES
2000000000 19911999
3870000000 1611500000 19911999
3500000000 1571500000 19922000
3840000000 1164500000 19922000
5000000000 2000500000 19912000
3910000000 1728000000 19912000
4772000000 2376500000 19912000
815000000 159000000 19921996
2731000000 817500000 19921996
3189000000 880000000 19921996
2640000000 783000000 19911996
345000000 24500000 1993
1153500000 286000000 19921997
650000000 136500000 19921997
7712500000 2878000000 19911997
7682000000 1894500000 19911997
6400000000 4301500000 19922005
15000000000 1314000000 19911992
400000000 None
5285000000 177000000 1991
565000000 67500000 19911992
3431000000 None
12137500000 449000000 1992
860000000 None
6247000000 None
5384000000 362500000 19911992
5545000000 None
2414000000 None
7617000000 None
1496500000 None
3490000000 None
12667000000 2294500000 19911995
1170000000 None
3800000000 782500000 19921997
315500000 None
1000000000 238000000 19921997
14564500000 None
1125000000 None
13166500000 11367500000 19912005
4900000000 None
2350000000 505000000 19911996
8200000000 None
44157500000 34392000000 19912000
5202500000 1043500000 1991
5490500000 3623000000 19912004
11432000000 732500000 1992
12181000000 4603000000 19922007
4983000000 4447000000 19922007
7300500000 2386500000 19911992
23324500000 19048000000 19912007
12815000000 5272000000 19921993
14949500000 12889000000 19922008
1885500000 822000000 19921993
16597500000 15229500000 19922008
11017500000 8927000000 19922009
7700000000 6678500000 19912009
19000000000 15405000000 19921995
9684500000 9369500000 19912010
22626000000 21222000000 19922011
1474500000 1474500000 19921996
27449500000 27449500000 19922011
S 452611500000 236112000000
The notes to the financial statements are an integral part of this statement
105 Htt
BBSB93SSCHEDULE 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
107SCHEDULE 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 199lT
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
000 Z
000 3
000 4
000
1745 00000 5
000 5
000 5
4380 00000
685 00000
575 00000
j 160178400000 J
738500000
Notes 1 Constitutional Amendment of 1960 provides that appropriations shall
be made 1n 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 1f such
contract 1s 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
1s pledged or assigned as security for the repayment of bonds or
other obligations then and 1n 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 1n force and effect Furthermore nothing 1n this amendment
1s Intended directly or by Implication to have any effect upon any
provisions of any such contract establishing Hen 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 1s obligated
and the good faith of the State 1s 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 April 1991 the Georgia State Financing and Investment Commission
defeased all outstanding Georgia Building Authority Markets Bonds
all outstanding Georgia Building Authority Penal Bonds and all
outstanding Georgia Building Authority Hospital Bonds except for
the 1970 Hospital Issue
The notes to the financial statements are an Integral part of this statement
109 GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
111 mgm
manGEORGIA STATE FINANCING AND INVESTMENT COMMISSION
CONSTRUCTION FUND
COMBINED BALANCE SHEET
GOVERNMENTAL FUND TYPE AND ACCOUNT GROUP
JUNE 30 1991
ASSETS
Investments
Accounts Receivable
Fixed Assets
Land and Buildings
GOVERNMENTAL
FUND TYPE
CAPITAL PROJECTS
80478818236
1006769707
ACCOUNT GROUP
GENERAL TOTAL
FIXED ASSETS fMemorandum Only
80478818236
1006769707
t 373944129237 373944129237
Total Assets
81485587943 373944129237 455429717180
LIABILITIES AND FUND EQUITY
Liabi1ities
Cash Overdraft
Contracts Payable
Vouchers Payable
Total Liabilities
Fund Equity
Investment in Fixed Assets
Fund Balance
Reserved
For Capital Projects
536126638
1706718446
229537428
2472382512
536126638
1706718446
229537428
2472382512
373944129237 373944129237
79013205431
79013205431
Total Fund Equity
79013205431 S 3 739 44129237 j 452957334668
Total Liabilities and Fund Equity 81485587943 S 373944129237 S 455429717180
Note The audit of the Georgia State Financing
and Investment Commission was performed
by an Independent Public Accounting Firm
The notes to the financial statements are an integral part of this statement
113GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
CAPITAL PROJECTS FUND
YEAR ENDED JUNE 30 1991
REVENUES
FUNDS AVAILABLE
Construction Supplements Net
Agriculture Department of
Corrections Department of
Education Department of
Georgia Building Authority
Georgia Environmental Facilities Authority
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
Premium and Accrued Interest on Bonds Issued
Premi urn
Accrued Interest on Bonds Issued
Transfers
For Advance Retirement of Bonds
General Obligation Debt Sinking Fund
Georgia Building Authority
Georgia Ports Authority
Jekyll Island State Park Authority
For Operations
Georgia State Financing and Investment Commission
Budget Fund
Total Revenues
OTHER FINANCING SOURCES
5 470000
778644500
2817107705
10500000
134680
2000000
609636050
5690000
15733700
7367000
567493969
4075200
4185007 24 687 777 73
252 234 81
39 220 892 4
9661335
270930952 2 805 922 87
5173820051
22825765
10057768
2969750
5209673334
150704450
5360377784
1336304999
Proceeds from the Sale of State of Georgia General Obligation
Bonds
CARRYOVER FROM PRIOR YEAR
Transfer from Reserved Fund Balance
61234500000
60794200961
Total Funds Available
123365005960
The notes to the financial statements are an integral part of this statement
114GEORGIA STATE FINANCING AND INVESTMENT COMMISSION
STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES
CAPITAL PROJECTS FUND
YEAR ENDED JUNE 30 1991
EXPENDITURES
REGULAR OPERATING EXPENSES
PER DIEM FEES AND CONTRACTS
Per Diem and Fees
CAPITAL OUTLAY
Capital Outlay Projects
Total Expenditures
Excess of Funds Available over Expenditures
48174328
961033489
41509708428
42518916245
80846089715
123365005960
Note The audit of the Georgia State Financing
and Investment Commission was performed
by an Independent Public Accounting Firm
The notes to the financial statements are an integral part of this statement
115PUBLIC TRUST FUNDS
COMBINING BALANCE SHEET
BY STATE UNITS
117COMBINING BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
JUNE 30 1991
ASSETS
STATE UNIT
Administrative Services Department of
Education Department of
Employees Assurance Department State
Employees Retirement System
Labor Department of
Legislative Retirement System Georgia
Natural Resources Department of
Public School Employees Retirement System
Regents of the University System of Georgia
Board of
Secretary of State
Subsequent Injury Trust Fund
Teachers Retirement System
Technical and Adult Education Department of
Trial Judges and Solicitors Retirement Fund
CASH AND
TEMPORARY
INVESTMENTS
11250933565
000
000
528304628
101113272889
2276865
1080504745
92200791
353823936
170280666
283121112
850657383
15441977
8780172
INVESTMENTS
000
1350000
23482738592
341847826223
000
968198977
000
24664265115
528163802
000
000
1009132304588
3500000
1555824772
ACCOUNTS
RECEIVABLE
793828
000
297565910
3548185484
327187613
10969300
9168478010
264311900
000
000
000
28120910750
56717
16320400
114504034161 1402184172069 41754779912
The notes to the financial statements are an integral part of this statement
118 COMBINING BALANCE SHEET
BY STATE UNITS
PUBLIC TRUST FUNDS
JUNE 30 1991
LIABILITIES AND FUND EQUITY
TOTAL FUND EOUITY TOTAL
PREPAID RESERVED LIABILITIES AND
EXPENDITURES 000 ASSETS LIABILITIES FUND BALANCE FUND EOUITY
11251727393 38250150 11213477243 11251727393
000 1350000 000 1350000 1350000
000 23780304502 000 23780304502 23780304502
000 3 44867707079 165781475 344701925604 344867707079
000 1 01440460502 2910400 101437550102 101440460502
000 976891412 2720590 974170822 976891412
000 10248982755 000 10248982755 10248982755
000 24836376224 10901256 24825474968 24836376224
30327028 912314766 000 912314766 912314766
000 170280666 000 170280666 170280666
000 283121112 000 283121112 283121112
000 10 38103872721 64765144 1038039107577 1038103872721
000 18998694 000 18998694 18998694
000 1580925344 000 1580925344 1580925344
30327028 S 1558473313170
285329015 S 1558187984155 1558473313170
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 1991
STATE UNIT
Administrative Services Department of
Agriculture Department of
Conmunity 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
Law 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
Student Finance Commission Georgia
Technical and Adult Education Department of
Transportation Department of
Workers Compensation State Board of
CASH AND
TEMPORARY
INVESTMENTS INVESTMENTS
143919158750 000
289998 000
6369195 000
470173 000
83805547 000
69397208 000
3846966 000
4486133 000
1397919467 000
19762745796 000
17461453 000
23047075 000
17194895 000
18897845 000
3298786 000
1901 000
12350000 000
62523385 000
248031788 9944830106
34277005 000
10707538 000
852365546 000
1486799 000
1507122 000
61926922 000
725867079 000
18150904 000
167357585276 9944830106
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 1991
ASSETS
PREPAID LIABILITIES
ACCOUNTS TOTAL VOUCHERS FUNDS HELD TOTAL
RECEIVABLE EXPENDITURES ASSETS PAYABLE FOR OTHERS LIABILITIES
000 000 143919158750 000 143919158750 143919158750
000 000 289998 000 289998 289998
000 000 6369195 000 6369195 6369195
000 000 470173 000 470173 470173
000 000 83805547 000 83805547 83805547
000 000 69397208 000 69397208 69397208
000 000 3846966 000 3846966 3846966
000 000 4486133 000 4486133 4486133
000 000 1397919467 000 1397919467 1397919467
000 000 19762745796 000 19762745796 19762745796
000 000 17461453 000 17461453 17461453
000 000 23047075 000 23047075 23047075
000 000 17194895 000 17194895 17194895
000 000 18897845 000 18897845 18897845
000 000 3298786 000 3298786 3298786
000 000 1901 000 1901 1901
000 000 12350000 000 12350000 12350000
000 000 62523385 000 62523385 62523385
23631265 000 10216493159 58701319 10157791840 10216493159
000 000 34277005 000 34277005 34277005
000 000 10707538 000 10707538 10707538
000 000 852365546 000 852365546 852365546
000 000 1486799 000 1486799 1486799
000 000 1507122 000 1507122 1507122
11890885 149216 73967023 000 73967023 73967023
000 000 725867079 000 725867079 725867079
000 000 18150904 000 18150904 18150904
35522150
149216 S 177338086748
58701319 177279385429 S 177338086748
123aBBBBSECTION III
REPORT OF THE STATE AUDITOR OF GEORGIA
OF
ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
125COMBINED BALANCE SHEET
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
127COMBINED BALANCE SHEET
Of ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
CURRENT FUNDS
RESIDENT OTHER
INSTRUCTION ORGANIZED RESTRICTED AUXILIARY LOAN
FUND ACTIVITIES FUNDS ENTERPRISES FUNDS
Cash and Temporary Investments
Investments
Accounts Receivable
Inventories
Prepaid Expense
Investment 1n Plant
Amount to be Provided for Payment of
Compensated Absences Payable
LeasePurchases
t 4286480483 1170917038 J 147380103 J 3587970292 534159758
192448542 6900000 1548448741 99175875
3406672964 790826703 3428484177 429496443 4338602005
485924063 227212556 1409010763
87133363 13510326 6978303
Total Assets
t 8460659415 2202466623 3582764280 6981904542 t 4971937638
LIABILITIES AND FUND EQUITY
Liabilities
Accounts Payable
Accrued Payroll
Deposits Held for Others
Deferred Revenue
Compensated Absences Payable
LeasePurchases Payable
t 4222420419 J 1415740193
295687122 57496754
3331868059 168896073
146983586
37862242
640259234
Total Liabilities
S 7849975600 j 1642133020
825105062 J
Fund Equity
Investment 1n General Fixed Assets
Fund Balances
Reserved
Unreserved
Designated for Subsequent
Years Expenditures
Surplus due to Board of Regents
543864095 564002541
3623327000 S 4971930638
t 3582764280 2533472480
66819720 3668938
Total Fund Equity
610683815 S 560333603 j 3582764280 6156799480 t 4971930638
Total Liabilities and Fund Equity
The notes to the financial statements are an integral part of this statement
hCOMBINED BALANCE SHEET
Of ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
JUNE 30 1991
PLANT FUNDS
ENDOWMENT
FUNDS
UNEXPENDED
INVESTMENT
IN PLANT
AGENCY FUNDS
STUDENT
ACTIVITIES
PRIVATE
TRUST
ACCOUNT GROUP
GENERAL
LONGTERM
DEBT
TOTALS
Memorandum Only
June 30 1991 June 30 1990
1019273676 1550741699
5775194358 149544129
12946587 137070380
233537401622
923974870 2928926573
17733715 742009010
78558380 24798843
12037289
16151824492 16790482937
8531454370 5693192493
12647456482 13091227169
2122147382 2120090411
119659281 133813680
233537401622 217443079570
6280797050 6280797050 5930471818
733742329 733742329 1113246112
6807414621 1837356206 233537401622 1032304254 3695734426 S 7014539379 280124483008 262315604190
1590357674
1590357674
76782783 1837091047
1383405
1858643379
365053456
6280797050
733742329
9289382702 10007918394
392429523 384943650
1858643379 1380263699
4506076822 4058696904
6280797050 5930471818
733742329 1113246112
443219644 3695734426 7014539379 23061071805 22875540577
233537401622
5481757941 241695094
46659651
233537401622 217443079570
15473236960 15118983078
1325656680
5303440
542424959
7984318399 6778050480
68454222 99950485
6807414621 246998534 233537401622 589084610
257063411203 239440063613
6807414621 1837356208 233537401622 1032304254 3695734426 7014539379 280124483008 262315604190DCOMBINED STATEMENT OF REVENUES AND EXPENDITURES
OF ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
131COMBINED STATEMENT OF REVENUES ANO EXPENDITURES
Of ALL UNITS Of THE UNIVERSITY SYSTEM Of GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1991
CURRENT FUNDS
RESIDENT INSTRUCTION FUND
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
STATE FUNDS
Allotments from Board of Regents of
the University System of Georgia
OTHER REVENUES RETAINED
Gifts and Grants
Restricted
Research and Instruction
Student Aid
Plant Additions
Unrestricted
Tuition and Fees
Endowment Income
Patient Billings
Rents
Sales and Services
Contract Overhead
Interest Received
Indirect Funding Telecommunications
Department of Administrative Services
Other Sources
Transfers Between Funds
For Replacement Projects
Total Other Revenues Retained
j 75521615000
66581770
24862953619
5216026
49444268
1654138221
2372169652
55265117
302730000
1593581780
t 75521615000 12522566100
17234412751
5656666442
295781684
37056441
17234412751
5656666442
66581770
24862953619
300997710
49444268
1691194662
2372169652
55265117
302730000
1593581780
982211224
565808556
12377996489
12869824
1026773873
1998597294
55570000
90038459
t 30962080453 i 23223917318 54185997771 t 17109865719
Total Revenues
SI06483695453
29632431819
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Liability Insurance
Unemployment Compensation Insurance
Workers Compensation Insurance
Drug Testing
Total Personal Services
OPERATING EXPENSES
Travel
Motor Vehicle Expenses
Motor Vehicle Equipment Purchases
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Claims and Indemnities
Tuition and Scholarships
College WorkStudy Program
Scholarships Fellowships Prizes Awards and Othe
Grants to Counties Cities and C1v1l Divisions
Other Operating Expenses
Publications and Printing
Equipment Purchases
NonInventory
Inventory
Computer Charges
Software
Real Estate Rentals
Telecontnunl cat Ions
Per D1em Fees and Contracts
Per Diem and Fees
Contracts
Total Operating Expenses
J 65598970420 9480339226 75079309646 J 15513654247
4348429893
5313208414
7388173463
285845263
64814218
368311773
1262418
426509756
383359725
873127318
701620
173700
10000
4774939649
5696568139
8261300781
286546883
64987918
368311773
1272418
987432865
1363840011
1755780924
159063913
11500257
50261744
6350
i 83369015862 11164221345 94533237207 S 19841540311
727036826
145875477
101984696
3186597397
2145276841
3492748683
375564107
181322334
213543167
508550
139272500
21561167
800000
710131985
698060771
664680823
4292780708
70987458
268820956
525918422
1116368523
1135990121
1620698696
462103515 1189140341 J
17572591
7071050
1304727516
172467765
19879628
7105210
77244016
3361366
14800
435704636
5843002256
11074893
778846829
129756906
147131868
1049720699
20373808
78983547
41608453
102155921
663057783
666730917
163448068
109055746
4491324913
2317744606
3512628311
382669317
258566350
216904533
523350
574977136
5864563423
11874693
1488976814
827817677
811612691
5342501407
91361266
347804503
567526875
1218524444
1799047904
2307429613
287167902
51043916
11029914
3512845926
578102694
631136735
53960731
77368702
52340078
50750
1301863
436237846
230898630
112687430
1204665027
27604475
45939592
346364039
334946540
581293636
246247226
21836530210 12059695973 t 33696226183 i 6623234052
132 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 1991
ORGANIZED ACTIVITIES
AUXILIARY
ENTERPRISES
UNEXPENDED
PLANT
FUND
TOTALS
Memorandum Only
YEAR ENDED
JUNE 30 1991
YEAR ENDED
JUNE 30 1990
S 12522566100
20000000 88064181100 S 87808074300
91 460 184 71 9146018471 26380431222 24775823781
8 690 00 869000 982211224 565808556 12377996489 t 1331910189 530482004 68572374 150968555 5657535442 530482004 1117365368 26760672364 451966265 12377996489 5028689026 392389796 1172497385 24726343132 507202414 11174509989
12869824 4086478251 3284844 4152077187 3881079375
4 361 987 69 1462972642 1998597294 55570000 4179025984 337737648 12303785 571691254 7345497073 4370766946 964694019 358300000 7023887244 4338442515 996497586 358300000
90038459 848081280 1696954890 10340736 1696954890 3044598442 2542042255 000 93009826634 2434042190 000
t 95 830 862 40 S 26692951959 S 9086278462 86809704433
S 9583086240 S 39215518059 S 9086278462 S 3064598442 SI81074007734 SI74617778733
5094025525 J 20607679772 S 4281224897
289584883 1277017748 234937989
276219725 1640059736 369806364
562100049 2317880973 374437322
2058200 161122113 3278254
433700 11933957 533685
1929700 52191444 2021255
330 6680 86402
6226352112 S 26067892423 5266326168
254292677 541460579 S 20687329
10518041 61561957 35813069
12583522 23613436
800173210 4313019136 705395563
89366370 667469264 209859380
56081340 687218075 901537819
4706377 58667108
23024451 100393153 23520455
12682200 65022278 49329892
50750 25000
95395 1397258 1491981
869000 869000
150403218 586641064 204661304
31548625 262447255 123817820
29977311 142664741 12107835
444557426 1649222453
26022905 53627380 4220984
49533890 95473482 2719978
1117210 347481249 114935401
18195108 353141648 225168168
70110803 651404639 116196142
1225033828 1471281054 738215209
i 3310892907 S 12134126959 3489703329
S 99968214315 S 93898995204
6286895386
7706434239
10953619076
450947250
77455560
422524472
1365500
5834252397
6316997180
10950974217
425689436
83565011
372215907
000
SI25867455798 SI17882689352
1751288249 S 1888915221
260823094 232874979
132669184 213905429
9509739612 9143884757
3195073250 3581712947
5101384205 4777525893
441336425 728928363
382479958 380769425
331256703 306245931
599100 730217
577866375 505529486
5865432423 5209850963
11874893 3694494
2280281182 2180669092
1214082752 1233816260
966585267 1047940181
6991723860 6583950526
149209630 134550036
445997963 653818353
1029943525 907317461
1796834260 1910794931
2566648685
4516925876
2237675719
4577088327
S 49520056471 S 48442188991COMBINED STATEMENT OF REVENUES ANO EXPENDITURES
OF ALL UNITS Of THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUNO
YEAR ENDED JUNE 30 1991
EXPENDITURES
RESIDENT INSTRUCTION FUND
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
SPONSORED
TOTAL
CURRENT FUNDS
EDUCATION
GENERAL AND
DEPARTMENTAL
SERVICES
CAPITAL OUTLAY
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Retirement
Other Costs
Travel
Motor Vehicle Expenses
Motor Vehicle Equipment Purchases
Supplies and Materials
Repairs and Maintenance
Utilities
LeasePurchase of Equipment
Rents Other than Real Estate
Insurance and Bonding
Other Expenditures
Publications and Printing
Equipment Purchases
NonInventory
Inventory
Software
Real Estate Rentals
Telecommunlcat Ions
Per D1em Fees and Contracts
Per Diem and Fees
Contracts
Total Capital Outlay
OTHER
Personal Services
Salaries and Wages
Employers Contributions for
FICA
Group Insurance
Ret 1 rement
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 WorkStudy Program
Scholarships Fellowships Prizes Awards and Other
Grants to Counties Cities and C1v1l 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
731587802
18346489
14099407
27482126
791515824
14665227
18399
1329500
22127252
10274558
36913
55000000
2234218
2400
126844
69655192
16813698
5289764
11641518
134626454
11136
5678287
12544668
6734152
26888098
20796880
1208010982
106413557054
70138399
731587802 254205504
18346489
14099407
27482126
791515824
14665227
18399
1329500
22127252
10274558
36913
55000000
2234218
2400
126844
69655192
16813698
5289764
11641518
134626454
11136
5678287
12544668
6734152
26888098
20796880
14662006
12244924
23491770
520871
94740
376428
305596243
7596194
334348
35872846
6671697
11628884
8096343
350993
369065
9675000
4530128
2992065
8397758
18080599
53302
2616324
968374
4701357
11568160
526496104
1208010982 S 966595784
23223917318 129637474372 29631370147
000 70138399 1061672
106483695453 23223917318 129707612771 29632431819
The notes to the financial statements are an Integral part of this statementCOMBINED STATEMENT OF REVENUES AND EXPENDITURES
Of ALL UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
CURRENT FUNDS AND UNEXPENDED PLANT FUND
YEAR ENDED JUNE 30 1991
ORGANIZED ACTIVITIES
SPONSORED
AUXILIARY
ENTERPRISES
UNEXPENDED
PLANT
FUND
TOTALS
Memorandum Only
YEAR ENDED
JUNE 30 1991
YEAR ENDED
JUNE 30 1990
4783065
336972
271820
441843
5833700 t
000
791818
82878359
74061588
478551143
000
3907765
909013
000
5438389
487400
96667466
286678801
2812874
000
43140082
124822561
1993744813
4783065
336972
271820
441843
5833700
000
791818
82878359
74061588
478551143
000
3907765
909013
000
5438389
487400
96667466
286678801
2812874
000
43140082
124822561
1993744813
9620139
588439
389235
772625
11370438
127104
3130
90451614
93093269
774653357
9320519
6990904
105464
220100
1502613
1708636
258756268
269713655
1554674
5915000
872022
235904568
3092742630
3200725772 3200725772 4855005965
14089448
735905
545432
1662520
268294952
15397911
12790356
25154290
520871
94740
376428
17033305 322629548
759122
3073656
8613
388383
270298
1452174
2353924
239024
2165594
4392712
814725
11757137
8355316
3408004
8613
35872846
6671697
11628884
8096343
1454639
369065
28908
9675000
4918511
3262363
9849932
20434523
292326
4781918
968374
9094069
12382885
538253241
45841221 t 1012437005
9583086240 39214456387
000 1061672
999882754
33744400
26889763
52636416
520871
94740
376428
916146023
46507630
32999865
85724401
538309
93589
318578
1114145372 1082328395
23020543
3426403
1338113
58000098
16946255
11665797
63096343
3688857
371465
155752
9675000
69655192
21732209
8552127
21491450
155060977
303462
10460205
13513042
15828221
39270983
559050121
22740093
347491
1226700
71531278
64323938
12104793
58961328
6675429
359473
10355252
000
25966476
27890993
15333402
35865462
451896738
405949
9943386
1596612
15010922
30761622
614052641
2220447987 2559678373
8756029497 3200725772 180808686028 173739562681
330248965 136127330 265321706 878216052
9583086240 39215518059 9086278462 3064598442 181074007734 174617778733UNITS 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 1991
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 additions 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 be 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 Universitysystem 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
138
mam
msmUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUNDS AND ACCOUNT GROUP INCLUDED IN FINANCIAL STATEMENTS
ACCOUNT GROUP
GENERAL LONGTERM DEBT The account group used to record the noncurrent portions of certain
governmental longterm liabilities such as 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 governmental accounting principles
BASIS OF ACCOUNTING
The units of the University System of Georgia maintain all funds on the modified accrual basis or
accounting which is materially the same as the accrual basis of accounting applicable to colleges and
universities The modified accrual 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 These inventories will
be recorded in the operating statements in subsequent periods
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
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 59 of the Amended Appropriations Act of 19901991 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 1991 the units of the University System of Georgia had 247415 98
in current year funds available for funding of the Health Benefit SelfInsurance Program From this
reserve 26 93040 will be remitted to the Augusta College SelfInsured Hospital Insurance Program and
the remaining balance of 22048558 will be remitted to the Administrative Central Office of the Board of
Reqents 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 1991
NOTE 6 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
139UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1991
NOTE 7 GENERAL LONGTERM DEBT
COMPENSATED ABSENCES PAYABLE
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 LONGTERN DEBT
A summary of changes in General LongTerm Debt for the year ended June 30 1991 follows
Balance July 1 1990
Annual Leave Earned and Utilized Net
Addi tions
Reti rements
Balance June 30 1991
Compensated
Absences LeasePurchases
5930471818 1113246112
350325232
480363137
859866920
6280797050 S 733742329
The liability for compensated absences at June 30 1991 has been adjusted to reflect current salary and
wage costs as of July 1 1991
The liability for leasepurchase agreements at June 30 1991 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 8 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 1991 the units
of the University System of Georgia made contributions to the Teachers Retirement System of Georgia as
follows
Period
July 1 1990 September 30 1990
October 1 1990 December 31 1990
January 1 1991 June 30 1991
Percent of Salaries
1363
1332
1181
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 9 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
140
HUNITS 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 1991
REGENTS SCHOLARSHIP FUND
On June 30 1991 the Regents Scholarship Fund of the various units of the University System of Georgia
had an uncommitted balance of 578839 which should be remitted to the Board of Regents of the University
System of Georgia for funding of the Health Benefit SelfInsurance Program An analysis of the
uncommitted balance of 578839 by unit of the University System of Georgia is as follows
Uni versi ties
Georgia Institute of Technology
Georgia Southern University
Medical College of Georgia
Senior Colleges
Albany State College
Armstrong State College
Clayton State College
Fort Valley State College
Kennesaw State College
North Georgia College
TwoYear Colleges
Abraham Baldwin Agricultural College
DeKalb College
South Georgia College
AGENCY FUNDS STUDENT ACTIVITIES
56698
053
74788
30000
57400
50000
200
50000
143300
19500
96800
100
578839
176435 47
41746 58
151714 97
On June 30 1991 three units of the University System of Georgia had deficit fund balances in their
Student Activities Fund as follows
Senior Colleges
Albany State College
Fort Valley State College
Savannah State College
These deficit fund balances have a direct relation to the lack of sufficient funds to meet obligations of
the colleges on a current basis
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
Our review of the internal control structure 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 reports of the following units of the University
System of Georgia
Uni versi ti es
Georgia Institute of Technology
Georgia Southern University
Georgia State University
Medical College of Georgia
Senior Colleges
Albany State College
Armstrong State College
Augusta College
Clayton State College
Senior Colleges
Fort Valley State College
Georgia College
Georgia Southwestern College
Kennesaw State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia State College
142
ffl
mUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
FEDERAL ASSISTANCE COMPLIANCE DISCLOSURES
TwoYear Colleges
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Brunswick College
Dalton College
DeKalb College
East Georgia College
Floyd College
ACCOUNTING CONTROLS OVERALL
Our review of the internal control structure disclosed that the following units had not provided for
adequate separation of duties in the performance of certain accounting functions and related procedures
TwoYear Colleges
Gainesville College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Other
Skidaway Institute of Oceanography
Other
Skidaway Institute of Oceanography
Senior College
Valdosta State College
TwoYear College
Waycross College
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
Southern College of Technology
Valdosta State College
TwoYear Colleges
Abraham Baldwin Agricultural College
Middle Georgia College
Uni versi ty
Georgia Southern University
Senior Colleges
Albany State College
Armstrong State College
Fort Valley State College
Savannah State College
INDIVIDUAL REPORTS
The Findings and Improper or Questioned Costs Section of the individual reports details unusual
situations deficiencies or other problems relative to the financial operations of each unit of the
University System of Georgia The following comments disclose the material findings shown in the
individual reports
UNIVERSITIES
GEORGIA SOUTHERN UNIVERSITY
AUDIT FOLLOWUPRESOLUTION
AccountingInternal Control Deficiencies
The audit report for the year ended June 30 1990 disclosed material weaknesses in internal accounting
control procedures in the areas of cash and temporary investments revenuereceipts tuition and fees and
journal entries During the year under review the University strengthened its system of internal
Accounting controls and implemented accounting procedures necessary to ensure that data is accurately
recorded and all funds are correctly posted balanced and reconciled
143UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
UNIVERSITIES
GEORGIA SOUTHERN UNIVERSITY
AUDIT FOLLOWUPRESOLUTION
Student Notes Loan Funds
The audit report for the year ended June 30 1990 reported that for the Perkins Loan Fund and the College
Loan Fund the student notes receivable subsidiary records did not support the receivable balances recorded
on the general ledger
During the year under review the University established controls to ensure that the student notes
receivable subsidiary records were reconciled to the general ledger The University identified the
student accounts involved and adjusted the records accordingly
MEDICAL COLLEGE OF GEORGIA
CASH AND CASH EQUIVALENTS
Theft of Private Trust and Agency Funds
norJunn1990 College Personne1 discovered that thirtyfive Consolidated Omnibus Reconciliation Act of
1985 COBRA related checks totaling 1226804 were issued in a defalcation of funds scheme between July
1987 and February 1990 from the HospitalizationCash Billing agency account These checks were cashed in
the Augusta area under forged endorsements A previous employee was implicated in all incidents
The College notified the Board of Regents of the situation and the Georgia Bureau of Investigation was
called in to conduct an investigation
On September 30 1990 the individual pleaded guilty in Augusta Judicial Circuit Court to ten counts of
forgery in first degree and was sentenced to ten years for each count to run concurrent with probation
Kestitution is to be made to the insurer under civil court arrangement as part of probation
CASH AND CASH EQUIVALENTS
Theft of Funds
In February 1991 a previous employee of the College received a wage and tax statement for the year 1990
and notified the payroll office that she had not worked during 1990 for the Medical College of Georgia
The Division of Internal Audits for the College performed a review of the payroll system for the period
from December 21 1989 through February 15 1991 to investigate reported improprieties in the payroll of
Research and Education Support Services The audit staff discovered that twentythree checks to
student assistants totaling 525315 were cashed under forged endorsements The employee implicated in
this scheme resigned on February 21 1991
The College notified the Board of Regents of the situation On December 2 1991 the individual entered a
guilty plea in Richmond County Superior Court Augusta Georgia Disposition of the case was still
pending at the time of this report
UNIVERSITY OF GEORGIA
INVENTORIES
Inadequate Resale Inventory Records
For the year under review the internal accounting control procedures for resale inventories of Auxiliary
Enterprises Food Services and Printing Divisions were not adequate For the Food Services Division the
resale inventory procedures in place did not ensure that accounting records were adequately documented
with physical inventory counts For the Printing Department the University failed to provide a dollar
value for the resale inventory listing This failure prevented a comparison between reported inventorv
and actual inventory
The University should establish procedures to ensure that resale inventory records and physical
the Food Services and Printing Divisions properly support the accounting records
counts in
144 UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
SENIOR COLLEGES
ALBANY STATE COLLEGE
INVENTORIES
Inadequate Resale Inventory Records
For the year under review the internal accounting control procedures for resale inventories utilized by
Albany State College were inadequate We satisfied ourselves as to the accuracy of inventories as
reflected in the financial statements However we were unable to reconcile the beginning inventory to
the ending inventory through an analysis of yearly purchasessales activity as reflected on the accounting
records
The College should establish controls to ensure that accounting records accurately document the
purchasessales activity for all resale inventory
AUGUSTA COLLEGE
AUDIT FOLLOWUPRESOLUTION
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 feterla employee on the charge of theft by
taking In addition the College established an account receivable for 5 15074 in the Auxiliary
Enterprises Fund for the surety bond claim As noted in the prior year audit report 101678 was
recovered from the employee in question and this amount was applied against the account receivable leaving
a balance of 413396 During the year under review the remaining balance of 413396 was received and
applied against the outstanding account receivable
GENERAL FIXED ASSETSPROPERTY MANAGEMENT
Inadequate Equipment Inventory Records
The audit report for the year ended June 30 1990 reported that the control accounts maintained in the
general ledger did not reconcile with the Colleges subsidiary equipment inventory records For the year
under review an examination of the equipment inventory listing provided by the College revealed an
unidentified variance of 5571549 between the Colleges subsidiary equipment inventory records and the
general ledger
Personnel at the College should review the matter and make the necessary adjustments to reconcile the
control accounts and subsidiary records
FORT VALLEY STATE COLLEGE
FUND EQUITIES
Failure to Identify Endowment Fund Corpus
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 1991 the fund balance of the Endowment Funds of Fort Valley State College did not distinguish
between the income and principal of the funds
Corrective action should be implemented by Fort Valley State College to comply with the above stated
accounting procedure
GENERAL LEDGER
Unsupported Financial StatementsInadequate Journal Entry Documentation
For the year under review the financial statements of the Colleges Loan Fund were not prepared from the
General ledger and subsidiary records The College could not provide any reconciliation supporting the
discrepancies in the account balances In addition several unsupported journal entries were made to the
accounting records which did not include adequate documentation or explanation
145 UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
SENIOR COLLEGES
FORT VALLEY STATE COLLEGE
GENERAL LEDGER
Unsupported Financial StatementsInadequate Journal Entry Documentation
Substantive audit procedures were necessary to correct the financial statements and accounting records
utilizing source documents Appropriate accounting procedures should be implemented by the College to
ensure that the financial statements are prepared from the accounting records and that all adjustments are
properly documented and explained
GEORGIA SOUTHWESTERN COLLEGE
EXPENDITURESLIABILITIESDISBURSEMENTS
Improper Expenditure
In the year under review the College repaid the U S Department of Education a Pell Grant 84063 of
276000 and a lender of a Stafford Loan 84032 60000 for students who were determined to be
ineligible The repayment of student obligations from the Resident Instruction Fund is considered to be
an improper use of State funds Reimbursement should be secured for deposit to the Colleges Resident
Instruction Fund
SOUTHERN COLLEGE OF TECHNOLOGY
AUDIT FOLLOWUPRESOLUTION
Returned Checks
The audit report for the year ended June 30 1990 stated that the College should analyze the returned
checks on hand 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 During the year under review the
College corrected this deficiency by recording the amounts due to the College on the appropriate general
ledger accounts
VALDOSTA STATE COLLEGE
AUDIT FOLLOWUPRESOLUTION
Student Notes Loan Funds
The audit report for the year ended June 30 1990 noted that the general ledger control accounts of the
Perkins Loan Fund and the Nursing Student Loan Fund were not in balance with the subsidiary records as
presented for examination During the year under review the College implemented procedures to ensure
that the general ledger accounts of all Loan Funds were balanced with appropriate subsidiary records
CASH AND CASH EQUIVALENTS
Inadequate Accounting Procedures
The audit report for the year ended June 30 1990 noted that the Colleges accounting procedures were
inadequate to provide for adequate internal control of the bank reconciliation process In the year under
review the College made some improvements however the following deficiencies still existed
1 Book errors disclosed through the bank reconciliation process were carried as reconciling items
for extended periods of time
2 There was no administrative review to determine that bank reconciliations were correct and that
all required adjustments had been made
The College should establish internal controls to ensure that monthly bank statements are reviewed by
responsible administrative personnel and that needed adjustments are recorded on a timely basis
EMPLOYEE COMPENSATION
Salary Listing Not Reconciled to Accounting Records
For the year ended June 30 1991 the salary listing submitted to the Department of Audits was not
reconciled to the Colleges general ledger Controls should be established to ensure that the salary
listing submitted is accurate and reconciled to the general ledger
146
wmam
mUNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1991
INDIVIDUAL REPORTS
SENIOR C0LLE6ES
VALDOSTA STATE COLLEGE
INVENTORIES
Inadequate Resale Inventory Records
For the year under review the internal accounting control procedures for resale inventories utilized by
Valdosta State College were inadequate The following deficiencies were noted regarding the
Colleges records for resale inventories
1 We satisfied ourselves as to the accuracy of inventories as reflected in the financial
statements However we were unable to reconcile the beginning inventory to the ending
inventory through an analysis of yearly purchasessales activity as reflected on the accounting
records
2 No procedures exist for systematic and consistent markup of resale inventories
The College should establish controls to ensure that accounting records accurately document the
purchasessales activity for all resale inventory
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 During the year under review 100000000
was received from a bonding company and 5000000 was received from other sources Additional funds of
20000000 will be received as settlement for this loss over a period of four years
WEST GEORGIA COLLEGE
AUDIT FOLLOWUPRESOLUTION
Theft of Funds
The audit report for the year ended June 30 1990 disclosed 53500 in missing buyback funds for the
Colleges Bookstore Business Office An investigation by the College security resulted in no conclusive
evidence on the matter During the year under review the College implemented procedures to strengthen
controls over the buyback of books
AUDIT FOLLOWUPRESOLUTION
Theft of Funds
he audit report for the year ended June 30 1989 called attention to an internal audit conducted by West
eorgia College that revealed missing library fines totaling 849920 A total of 396953 was
T
Ge
recovered as of June 30 1990
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 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 75000 was recovered and remitted to the College leaving a balance of 377967 at
June 30 1991
TWOYEAR C0LLE6E
NACON COLLEGE
EMPLOYEE COMPENSATION
Overpayment of Presidents Salary
In the year under review an examination of the Presidents compensation revealed that the President
Dr S Aaron Hyatt had been paid 630000 over the amount approved by the Board of Regents of the
University System of Georgia
The College should establish procedures to ensure that all salaries are paid in accordance with approved
amounts Reimbursement of the 630000 should be obtained from Dr Hyatt and deposited to the College s
Resident Instruction Fund
147 nanCOMBINING BALANCE SHEETS
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA BY FUNDS
149COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1991
ASSETS
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
1373794678 000 244093737 77920367 2331227 1698140009
216950449 000 166178485 23723552 4013433 410365919
571767133 000 356491948 31378216 14329086 973966383
80999942 000 491743600 4294638 000 577038180
8854181 000 1550097035 177813081 6605335 1743369632
Albany State College 58299183 000 24211522 8411575 000 90922280
Armstrong State College 49440000 000 18920698 3127716 228279 71716693
Augusta College 143493390 12508598 32826163 8432580 5870387 203131118
Clayton State College 62664675 54939944 7217662 7497235 78000 132397516
Columbus College 103785668 000 14722136 8218934 5814900 132541638
Fort Valley State College 74503553 000 26070803 3453139 22557 104050052
Georgia College 28681209 125000000 34861901 12284074 9437024 152901790
Georgia Southwestern College 48623567 000 16807510 11060123 6048327 14061306 5830203 000 77309607 296874772
Kennesaw State College 271753343 000
North Georgia College 66300106 000 27868191 4322321 000 98490618
Savannah State College 63154569 000 5171867 8397636 000 76724072
Southern College of Technology 84011217 000 47506395 11781573 4036391 147335576
Valdosta State College 166018106 000 58706360 12437133 7468605 244630204
West Georgia College 157296121 000 45490200 17111242 13923325 233820688
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
53490086 000 896739 7293605 471100 62151530
65627215 000 18292209 4610756 50950 88581130
21699449 000 1705200 845613 000 24250262
33517833 000 25394215 1585493 86300 60583841
25352928 000 15764746 2937183 560001 44614858
55215171 000 13264553 4189245 000 72668969
192614978 000 66585397 7495953 4874444 271570772
9311812 000 66686 444032 882520 10705050
37538760 000 1267031 1737896 000 40543687
44243005 000 11256630 1349576 000 56849211
36191040 000 1047099 1411895 25496 38675530
51731225 000 34865300 1927064 87500 88611089
30853402 000 16815237 6655124 55300 54379063
34740838 000 15367861 1877228 51000 52036927
23324069 000 4037725 848755 000 28210549
000
000
000
000
000
000
4288480483 192448542 3406672964 485924063
The notes to the financial statements are an integral part of this statement
87133363 8460659415
150
HH
mCOMBINING BALANCE STCET
BY UNITS OF ThE UNIVERSITY SYSTEM OF GEORGIA
RESIDENT INSTRUCTION FUND
JUNE 30 1991
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
006269249 165145877 417121383 1588536509 101449486 8154014 109603500 1698140009
186419289 000 201411595 387830884 22325567 709468 23035035 410865919
381636627 16461649 531412448 929510724 28721332 15734327 44455659 973966383
514563009 000 53237710 567800719 4343649 4893812 9237461 577038180
950649610 113792096 526736694 1591178400 145700000 6491232 152191232 1743369632
36037801 000 40046441 76084242 11645094 3192944 14838038 90922280
15256797 000 51546299 66803096 4263843 649754 4913597 71716693
94577754 000 97045000 191622754 10987645 520719 11508364 203131118
49145066 000 74475120 123620186 8098195 679135 8777330 132397516
39078972 000 83346675 122425647 9741736 374255 10115991 132541638
52772246 000 30423100 83195346 16072729 4781977 20854706 104050052
66923188 000 72392876 139316064 12551322 1034404 13585726 152901790
22313665 000 48692900 71006565 6680028 376986 6303042 77309607
87730116 000 192348904 280079020 17559850 764098 16795752 296874772
50204200 000 42669705 92873905 5331506 285207 5616713 98490618
40243964 000 23729600 63973564 11448205 1302303 12750508 76724072
57347424 000 68320650 125668074 18395667 3271835 21667502 147335576
79726334 000 144220237 223946571 18086338 2597295 20683633 244630204
88671188 000 123443021 212114209 21472833 233846 21706679 233820888
33021156 000 21124138 54145294 7868580 137656 8006236 62151530
48117655 000 34505800 82623455 5629050 328625 5957675 88581130
11788571 000 10699371 22487942 1652721 109599 1762320 24250262
35456943 000 22278920 57735863 2081271 766707 2847978 60583841
14013795 000 27428342 41442137 3000029 172692 3172721 44614858
28788725 000 39657366 68446091 3736220 486658 4222878 72668969
90900541 000 169344544 260245085 7410759 3914928 11325687 271570772
6300262 000 3847600 10147862 500008 57180 557188 10705050
11187499 000 26567248 37754747 2532195 256745 2788940 40543687
19378013 000 35714835 55092848 1362984 393379 1756363 56849211
10214985 7500 17633600 27856085 10695489 123956 10819445 38675530
30574317 280000 53559680 84413997 3777339 419753 4197092 88611089
16192294 000 18843080 35035374 15172521 4171168 19343689 54379063
32278876 000 16310277 48589153 2408301 1039473 3447774 52036927
14640288 000 11732900 26373188 1161603 675758 1837361 28210549
000
000
000
000
000
000
000
000
S 4222420419 S 295687122 S 3331868059 7849975600 543864095 S 66819720 610683815 S 8460659415
151COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1991
ASSETS
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
UNIVERSITIES
Georgia Institute of Technology
Education Extension Services
Georgia Tech Research Institute
Medical College of Georgia
Eugene Talmadge Memorial Hospital
Joint Board of Family Practice
Georgia Radiation Therapy Center
University of Georgia
Agricultural Experiment Station
Athens and Tifton Veterinary Laboratories
Cooperative Extension Service
Marine Institute
Marine Resources Extension Center
Veterinary Medicine Experiment Station
Veterinary Medicine Teaching Hospital
67069170 70725554 000 8181884 11838268
174940770 18896871 000 2630838 196468479
761419533 585191719 227212556 000 1573823806
3200370 000 000 661800 3862170
33607762 000 000 000 33607762
99492881 102529580 000 000 202022461
34304 000 000 000 34304
108536975 23930 000 000 108560905
3444067 000 000 000 3444067
4115047 145509 000 000 4260556
9209946 000 000 000 9209946
10708894 9211475 000 000 19920369
OTHER
Skidaway Institute of Oceanography
29275659
4102065
000
2035804
35413528
1170917038 790826703 227212556 13510326 2202466623
The notes to the financial statements are an integral part of this statement
152COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
JUNE 30 1991
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
13524259 4958184 39095125 57577568 33494089 12245211 45739300 11838268
178554646 13578033 000 192132679 244603 4091197 4335800 196468479
981281448 000 000 981281448 592542360 000 592542360 1573823808
2181258 000 000 2181258 1480612 200300 1680912 3862170
29112151 000 000 29112151 4266986 228625 4495611 33607762
104797348 20127759 74339158 199264265 000 2758196 2758196 202022461
000 34304 000 34304 000 000 000 34304
38302725 14437281 55461790 108201796 000 359109 359109 108560905
2970681 473386 000 3444067 000 000 000 3444067
3514617 708060 000 4222677 000 37879 37879 4260556
7858868 1215167 000 9074035 000 135911 135911 9209946
17359100 1964580 000 19323680 000 596689 596689 19920369
36283092
000
000
36283092
1037931
163367
869564
35413528
S 1415740193 t 57496754 168896073 1 1642133020 S 564002541 t 3668938 560333603 2202466623
153 a
mmCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
RESTRICTED FUNDS
JUNE 30 1991
CASH AND
TEMPORARY
INVESTMENTS
ASSETS
INVESTMENTS
ACCOUNTS
RECEIVABLE
TOTAL
ASSETS
TOTAL
FUND EQUITY
UNRESERVED
FUND BALANCE
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
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 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
Dal ton 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
1065477332 000 1306534192 241056860 241056860
102057977 000 128833256 26775279 26775279
310524201 000 195495220 506019421 506019421
741735906 000 119144690 860880596 860880596
468348482 000 1129653482 1598001964 1598001964
30593144 000 52303282 21710138 21710138
179624 000 23902898 23723274 23723274
6354630 000 9433402 15788032 15788032
17527697 000 25832149 8304452 8304452
7171373 6900000 8145641 22217014 22217014
78295678 000 133202602 54906924 54906924
9690095 000 13014972 22705067 22705067
48172465 000 6621744 54794209 54794209
12156475 000 5305402 17461877 17461877
1545692 000 9621128 11166820 11166820
3088223 000 13525375 16613598 16613598
4379040 000 20201840 24580880 24580880
75260131 000 77857329 2597198 2597198
8203119 000 18629202 10426083 10426083
12677309 000 15939387 3262078 3262078
5103729 000 5464239 360510 360510
9140138 000 9547952 407814 407814
12972326 000 13045737 73411 73411
8200142 000 8200142 000 000
4386007 000 9275433 4889426 4889426
2761017 000 6124255 3363238 3363238
1330169 000 966580 2296749 2296749
17146649 000 21154608 4007959 4007959
2114319 000 2114319 000 000
000 000 000 000 000
2098934 000 3172335 1073401 1073401
5497779 000 000 5497779 5497779
17917302 000 20589602 2672300 2672300
2369109 000 1081757 3450866 3450866
2870962
000
14550025
11679063
11679063
S 147380103 S 6900000 1 3428484177 t 3582764280 S 3582764280
The notes to the financial statements are an integral part of this statement
155 COMBINING BALANCE SHEET
BY UNITS OF 1 UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1991
ASSETS
CASH AND
TEMPORARY ACCOUNTS PREPAID TOTAL
INVESTMENTS INVESTMENTS RECEIVABLE INVENTORIES EXPENSE ASSETS
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
Georgia State University
Medical College of Georgia
University of Georgia
SENIOR COLLEGES
Albany State College
Armstrong State College
Augusta College
Clayton State College
Colurbus College
Fort Valley State College
Georgia College
Georgia Southwestern College
Kermesaw State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWDYEAR COLLEGES
243775754 646705000 142250636 245597481 1134175 1279463246
184628406 000 34299628 134655875 000 353583909
241613391 000 51896623 516800 000 294026814
135613040 000 1077113 39719160 000 176409313
1271908363 795600000 10937275 365109621 000 2443555259
13062689 000 23793660 16923342 000 53779691
44818126 000 21160227 18051240 000 84029593
60293885 000 14198752 17710731 000 92203368
94343913 000 1281459 10800754 000 106426126
13535600 22379155 5745113 50458470 000 92118338
134319692 000 31899488 29764178 000 195983358
33695968 000 4373259 48433965 000 86503192
15613374 13013290 5836562 19641632 000 54104858
107668956 000 7114358 44175830 000 158959144
87524654 32015250 15148494 24500522 000 159188920
85968387 000 6810205 25215479 35000 118029071
28774153 000 7029243 28474178 500 64278074
20933111 000 6000153 45028299 367413 72328976
331802857 000 000 53034406 220613 390057876
Abraham Baldwin Agricultural College 75091017 000 5863253 20700768 000 101655038
Atlanta Metropolitan College 000 000 000 000 000 000
Bainbridge College 9545510 000 1281046 4603133 000 15429689
Brunswick College 17878846 000 3107099 9465871 000 30451816
Dalton College 36625490 000 2685419 15722165 000 55033074
Darton College 35456729 000 3312095 9047822 000 47816646
DeKalb College 429766 000 5809342 61852977 220602 68312687
East Georgia College 13436220 000 59143 3747406 000 17242769
Floyd College 4527600 38736046 171890 11246687 000 54682223
Gainesville College 72827852 000 1329858 6671662 000 80629372
Gordon College 39972209 000 931823 8368292 000 49272324
Macon College 67889166 000 2816481 15831503 000 86537150
Middle Georgia College 31432013 000 8069481 8376514 5000000 52878008
South Georgia College 23503979 000 2705318 6054808 000 32264105
Mayoress College 8983145 000 501747 4471942 000 13956834
OTHER
Skidaway Institute of Oceanography
476431
000
000
37250
000
513681
3587970292 1548448741 S 429496443 1409010763 6978303 6981904542
The notes to the financial statements are an integral part of this statement
156
warnCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AUXILIARY ENTERPRISES
JUNE 30 1991
LIABILITIES AND FUND EQUITY
LIABILITIES
ACCOUNTS
PAYABLE
ACCRUED
PAYROLL
DEFERRED
REVENUE
TOTAL
LIABILITIES
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
TOTAL
FUND EQUITY
TOTAL
LIABILITIES AND
FUND EQUITY
33581766
9463782
1477856
5009194
53266511
6475184
000
53301
000
31333757
176713059 216770009 639416956 423276281 1062693237 1279463246
62082920 71546702 222133022 59901185 282037207 353583909
7314271 8845428 149712896 135468490 285181386 294026814
8940582 13949776 134510029 27949506 162459537 176409313
156856530 241456798 835804777 1366293684 2202098461 2443555259
134542 000 6393200 6527742 38646634 8605315 47251949 53779691
3642660 000 3083860 6726520 59670498 17632575 77303073 84029593
3081277 000 526800 3608077 55508447 33086844 88595291 92203368
1040725 000 000 1040725 58374819 47010582 105385401 106426126
547595 000 5035822 5583417 73945247 12589674 86534921 92118338
96798 000 16733307 16830105 82245551 96907702 179153253 195983358
1459536 000 20958015 22417551 64085641 000 64085641 86503192
844550 000 14669893 15514443 38590415 000 38590415 54104858
2494197 000 9163600 11657797 101788201 45513146 147301347 158959144
8136164 000 23230061 31366225 72296497 55526198 127822695 159188920
000 000 11609389 11609389 85751733 20667949 106419682 118029071
2243193 000 13938500 16181693 48096381 000 48096381 64278074
5319716 000 40068107 45387823 116325998 89384845 26941153 72328976
1939482 000 36596927 38536409 252072702 99448765 351521467 390057876
1576129
000
94607
72670
857013
867814
7306744
294
552450
602302
2600
839928
134230
231881
65380
000 13192193 14768322 86886716 000 86886716 101655038
000 000 000 000 000 000 000
000 000 94607 10441327 4893755 15335082 15429689
000 000 72670 27070846 3308300 30379146 30451816
000 000 857013 38353672 15822389 54176061 55033074
000 293049 1160863 41015703 5640080 46655783 47816646
000 000 7306744 61005943 000 61005943 68312687
000 000 294 7342652 9899823 17242475 17242769
000 000 552450 26044594 28085179 54129773 54682223
000 62500 664802 42001424 38163146 80164570 80629372
000 2794100 2796700 18291240 28184384 46475624 49272324
000 000 839928 49071462 36625760 85697222 86537150
000 7200349 7334579 45543429 000 45543429 52878008
000 2802200 3034081 29230024 000 29230024 32264105
000 000 65380 11960572 1930682 13891454 13956834
000
000
000
000
90952
422729
513681
513681
j 146983586 S 37862242 S 640259234 S 825105062 S 3623327000 1 2533472480 1 6156799480 6981904542
157COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
LOAN FUNOS
JUNE 30 1991
CASH AND
TEMPORARY
INVESTMENTS
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
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 Southwestern College
Kennesaw State College
North Georgia College
Savannah State College
Southern College of Technology
Valdosta State College
West Georgia College
TWOYEAR COLLEGFS
Abraham Baldwin Agricultural College
Atlanta Metropolitan College
Bainbridge College
Brunswick College
Dalton College
Darton College
OeKalb College
East Georgia College
Floyd Col 1ege
Gainesvi1le College
Gordon College
Macon College
Middle Georgia College
South Georgia College
Waycross College
OTHER
Skidaway Institute of Oceanography
78169188
6494887
12477559
37924396
61168912
3845967
1934653
12046944
3895994
796375
2785819
44080955
11812753
1014738
4761518
2992162
6811254
20118626
10369554
2654151
000
7058
3497688
000
955678
3225853
65600
000
000
139352
84070
3534085
1539741
525866
000
i 534159758
The notes to the financial statements are an integral part of this statement
158COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
LOAN FUNDS
JUNE 30 1991
ASSETS
INVESTMENTS
ACCOUNTS
RECEIVABLE
TOTAL
ASSETS
LIABILITIES AND FUND EQUITY
LIABILITIES
ACCOUNTS
PAYABLE
FUND EQUITY
RESERVED
FUND BALANCE
TOTAL
LIABILITIES AND
FUND EQUITY
000
000
000
000
84614962
553694861 631864049
294334308
351610437
693418704
1037443678
300829195
364087996
731343100
1383227552
000 631864049 631864049
000 300829195 300829195
000 364087996 364087996
000 731343100 731343100
000 1383227552 1383227552
000 40778821 44624788 000 44624788 44624788
000 1993531 3928184 000 3928184 3928184
000 50264326 62311270 000 62311270 62311270
000 5019123 8915117 000 8915117 8915117
14000000 56342690 71139065 000 71139065 71139065
132500 199248395 196595076 000 196595076 196595076
000 113009944 157090899 000 157090899 157090899
000 75096759 86909512 000 86909512 86909512
000 24268916 25283654 000 25283654 25283654
46875 84019209 88827602 000 88827602 88827602
000 84434241 87426403 000 87426403 87426403
189938 59336052 66337244 7000 66330244 66337244
000 150264215 170382841 000 170382841 170382841
000 177013861 187383415 000 187383415 187383415
191600
000
000
000
000
000
000
000
000
000
000
000
000
000
000
152196710
000
1020280
1104447
000
367189
9627219
169100
000
000
1131593
818260
14320606
106192514
62016
155042461
000
1027338
4602135
000
1322867
12853072
234700
000
000
1270945
902330
17854691
107732255
587882
000 155042461 155042461
000 000 000
000 1027338 1027338
000 4602135 4602135
000 000 000
000 1322867 1322867
000 12853072 12853072
000 234700 234700
000 000 000
000 000 000
000 1270945 1270945
000 902330 902330
000 17854691 17854691
000 107732255 107732255
000 587882 587882
000
000
000
000
000
000
99175875 I 4338602005 4971937638
7000 j 4971930638 S 4971937638
159 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
ENDOWMENT FUNDS
JUNE 30 1991
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
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 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
CASH AND
TEMPORARY
INVESTMENTS
33020954
12125593
7064362
4519848
384442395
000
13310532
4519208
13314136
48754
14045420
164418794
11983287
68946597
17776780
51869587
16538610
220741383
000
000
000
5461001
4306379
000
000
000
2181903
2346366
1415004
000
000
13251622
19599714
7107051
Skidaway Institute of Oceanography
000
S 1019273676
The notes to the financial statements are an integral part of this statement
160
BCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
ENDOWMENT FUNDS
JUNE 30 1991
ASSETS
INVESTMENTS
ACCOUNTS
RECEIVABLE
TOTAL
ASSETS
RESERVED
FUND BALANCE
FUND EQUITY
UNRESERVED
FUND BALANCE
TOTAL
FUND EQUITY
3146254890 000 31 13233936 22 17675722 895558214 3113233936
000 000 12125593 12125593 000 12125593
000 000 7064362 4459125 2605237 7064362
458095486 000 4 53575638 4 53575638 000 453575638
1705897222 000 20 90339617 18 13081496 277258121 2090339617
000 000 000 000 000 000
000 000 13310532 13309132 1400 13310532
15925960 000 20445168 20445168 000 20445168
000 20864 13335000 13335000 000 13335000
58192239 000 58240993 58240993 000 58240993
65993180 000 80038600 80038600 000 80038600
91010413 000 255429207 191436050 639 93157 255429207
39318963 37576 51339826 35407282 159 32544 51339826
2303098 000 71249695 71249695 000 71249695
10222061 12888147 140886988 140886988 000 140886988
000 000 51869587 44700000 71 69587 51869587
000 000 16538610 12133167 44 05443 16538610
51167177 000 271908560 223293155 486 15405 271908560
000 000 000 000 000 000
000
000
000
3993883
000
000
000
000
000
000
000
000
26819786
000
000
000 000 000 000 000
000 000 000 000 000
000 5461001 5126342 334659 5461001
000 8300262 6322341 1977921 8300262
000 000 000 000 000
000 000 000 000 000
000 000 000 000 000
000 2181903 1872515 309388 2181903
000 2346366 2000000 346366 2346366
000 1415004 1072250 342754 1415004
000 000 000 000 000
000 000 000 000 000
000 40071408 39076500 994908 40071408
000 19599714 14986623 4613091 19599714
000 7107051 5908566 1198485 7107051
000
000
000
oco
000
000
5775194358 t 12946587 S 6807414621 5481757941 1325656680
6807414621
161COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1991
ASSETS
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
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 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
Dal ton 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
INVESTMENTS
301960289
169422716
51777753
228781264
490295145
INVESTMENTS
ACCOUNTS
RECEIVABLE
000 16678692
000 20534709
000 53465253
000 000
000 5522484
2634531 000 619117
1508527 000 000
5528625 000 293901
1818321 5000000 319423
7531624 000 6085448
2920732 000 000
26017708 000 918400
2277269 5344952 000
23938631 000 28212005
9290060 000 000
14596275 000 000
2480883 000 000
47535256 000 2522647
44011524 000 98164
2045375 000 000
1515022 000 000
147397 000 000
116847594 000 000
852412 000 000
2477767 000 000
115416661 139199177 1800137
7849442 000 000
6712608 000 000
000 000 000
870054 000 000
12846905 000 000
000 000 000
1947860 000 000
1054658 000 000
2532641
000
000
1550741699 149544129 137070380
The notes to the financial statements are an integral part of this statement
162
BOB
Dffl
mCOMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
UNEXPENDED PLANT FUND
JUNE 30 1991
LIABILITIES AND FUND EQUITY
LIABILITIES FUND EOUITY
RESERVED FUND BALANCE UNRESERVED FUND BALANCE SURPLUS DUE TO BOARD OF REGENTS TOTAL FUND EOUITY
TOTAL
TOTAL ASSETS ACCOUNTS PAYABLE LIABILITIES AND FUND EOUITY
318638981 318638981 000 000 000 318638981
189957425 189591807 000 365618 365618 189957425
1687500 1687500 000 000 000 1687500
228781264 228730332 000 50932 50932 228781264
495817629 492160745 000 3656884 3656884 495817629
2015414 1381264 3396678 000 3396678 2015414
1508527 1508527 000 000 000 1508527
5822526 5760881 5395 56250 61645 5822526
7137744 6433164 639580 65000 704580 7137744
13617072 13211637 194644 210791 405435 13617072
2920732 1660013 1158119 102600 1260719 2920732
26936108 26715057 69448 151603 221051 26936108
7622221 7401653 220568 000 220568 7622221
4273374 4976816 706271 2829 703442 4273374
9290060 9277853 000 12207 12207 9290060
14596275 16582100 1985825 000 1985825 14596275
2480883 6086390 3605507 000 3605507 2480883
50057903 50057824 000 079 079 50057903
44109688 44109688 000 000 000 44109688
2045375 1956200 1150
1515022 1515022 000
147397 000 147397
116847594 116847497 097
852412 852412 000
2477767 2525507 28836
256415975 21881120 234335851
7849442 296031 7553411
6712608 5553885 938873
000 000 000
870054 8374063 7644471
12846905 000 12846795
000 000 000
1947860 1947860 000
1054658 1052100 2458
88025 89175 2045375
000 000 1515022
000 147397 147397
000 097 116847594
000 000 852412
18904 47740 2477767
1 99004 234534855 256415975
000 7553411 7849442
2 19850 1158723 6712608
000 000 000
1 40462 7504009 870054
110 12846905 12846905
000 000 000
000 000 1947860
100 2558 1054658
2532641
1583745
948896
000
948896
2532641
S 1837356208 i 1590357674 S 241695094
5303440
246998534 S 1837356208
163COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
INVESTMENT IN PLANT
JUNE 30 1991
LAND
BUILDINGS
UNIVERSITIES
Georgia Institute of Technology
Georgia Southern University
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 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
1539636794
19356941
815716376
559367428
966046422
67
1361
99
1053
72
989
2871
152
169
111
178
439
18
173
197
44125
63571
26900
01636
46530
11273
48700
85945
49000
99000
50789
70717
40000
32148
99000
21716152434
5571895502
8897900360
12190617829
29982725867
1 682 359 90 18 043 322 69
258 253 82 14 833 886 72
2 047 611 49 23 282 293 54
483 726 16 21 700 028 17
1 349 539 75 25 079 441 35
1 261 548 17 34 117 868 65
625 579 21 27 651 235 44
5 580 00 21 728 928 60
127 477 00 26 115 051 01
297 251 43 22 335 753 11
325 975 16 26 895 999 61
810 449 73 21 709 604 09
1 589 514 21 38 136 273 90
554 184 25 38 799 232 33
18843
9234
3963
8635
9633
7435
50522
2096
8708
9018
10324
8412
14788
14840
4017
49616
69435
71806
37280
14601
60251
66700
38274
31003
88361
80618
53885
24627
92514
58609
Skidaway Institute of Oceanography
44946000
134272192
5882644323 132584093685
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
INVESTMENT IN PLANT
JUNE 30 1991
ASSETS TOTAL
INVESTMENT IN PLANT FUND EOUITY
IMPROVEMENTS OTHER THAN BUILDINGS EQUIPMENT DUE TO OTHER FUNDS CONSTRUCTION IN PROGRESS TOTAL ASSETS INVESTMENT IN GENERAL FIXED ASSETS
1488473006 19862103184
000
000 44606365418 44606365418
337247888 3753471587 000 000
227851582 7169528389 000 000
238473550 9752004590 000 2597982741
1894878111 25565059871 37392988 000
9681971918
17110996707
25338446138
58371317283
9681971918
17110996707
25338446138
58371317283
2749
1397
1851
3433
1825
2716
2211
1155
942
2059
4573
865
2365
2127
07857
38802
57957
19884
55966
76767
34619
25061
98202
79252
08489
01876
73627
00874
6919
6238
8815
5332
9507
8044
7314
6301
11270
5287
7248
12732
14265
12122
88066
12976
80711
07893
39884
23780
50304
28620
13867
65584
26366
82244
92803
83801
000
000
000
000
000
000
000
000
000
000
000
000
000
000
000 29394 64182 2939464182
000 22727 65832 2272765832
000 35997 29171 3599729171
000 30949 03210 3094903210
000 37761 93960 3776193960
000 46140 42229 4614042229
000 37802 66388 3780266388
000 29191 04541 2919104541
000 38455 64870 3845564870
000 29980 45290 2998045290
000 39043 32332 3904332332
000 36117 89502 3611789502
000 56357 45241 5635745241
000 53603 26333 5360326333
2992
645
560
622
1402
190
3415
709
691
503
799
1320
1334
961
469
49224
48889
21192
57130
62444
08148
44242
12159
39879
63307
82366
26494
54534
42254
54908
4598
2915
1078
2684
3976
3563
12100
1299
2595
2535
2814
3263
2957
2360
1271
24800
85761
20189
41961
01898
12823
44146
65028
24916
18360
57313
66406
66624
95385
22972
000 000 2650167765 2650167765
000 000 1415767656 1415767656
000 180918 570321005 570321005
000 000 1299538007 1299538007
000 000 1508425473 1508425473
000 000 1217792495 1217792495
000 000 6891003788 6891003788
000 000 425801406 425801406
000 000 1216444798 1216444798
000 000 1216969028 1216969028
000 000 1411771086 1411771086
000 000 1343617502 1343617502
000 000 1909885785 1909885785
000 000 1833662301 1833662301
000 000 595635489 595635489
90633741
299375560
000
000
569227493
569227493
j 8966804281 1 83543088662 j 37392988 2598163659 S2335374 01622 1233537401622
165 COMBINING BALANCE SHEET
BY UNITS OF THE UNIVERSITY SYSTEM OF GEORGIA
AGENCY FUNDS STUDENT ACTIVITIES
JUNE 30 1991
ASSETS
CASH AND
TEMPORARY
INVESTMENTS
INVESTMENTS
ACCOUNTS
RECEIVABLE
PREPAID
EXPENSE
TOTAL
ASSETS