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MANAGEMENT REPORT GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY A COMPONENT UNIT OF THE STATE OF GEORGIA 
YEAR ENDED JUNE 30, 1998 
 
STATE OF GEORGIA DEPARTMENT OF AUDITS AND ACCOUNTS 
254 WASHINGTON STREET 
ATLANTA, GEORGIA 30334-8400 
 
 GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY MANAGEMENT REPORT - TABLE OF CONTENTS - 
 
LETTER OF TRANSMITTAL 
 
SECTION I 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGET FUND 
 
B SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
 
COMPARED TO BUDGET 
 
BUDGET FUND 
 
2 
 
C SCHEDULE OF OTHER REVENUES RETAINED 
 
3 
 
SECTION II AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
 CLAUDE L. VICKERS 
STATE AUDITOR 
(404) 656-2174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.w., Suite 2 J4 Atlanta, Georgia 30334-8400 
August 7, 1998 
 
Honorable Zell Miller, Governor Members of the General Assembly of Georgia Members ofthe Georgia Agrirama Development Authority 
and Honorable Teresa Veazey, Executive Director 
Ladies and Gentlemen: 
As part of our audit of the statutory basis financial statements of the State of Georgia presented in the Report ofthe State Auditor, the general purpose financial statements of the State of Georgia presented in the State ofGeorgia Comprehensive Annual Financial Report, and the issuance of a Statewide Single Audit Report pursuant to the Single Audit Act Amendments, as ofand for the year ended June 30, 1998, we have performed certain audit procedures at the Georgia Agrirama Development Authority. Accordingly, the financial statements and compliance activities of the Georgia Agrirama Development Authority were examined to the extent considered necessary in order to express an opinion as to the fair presentation of the financial statements contained in the foregoing documents and to issue reports on compliance and internal control as required by the Single Audit Act Amendments of 1996. 
This Management Report contains information pertinent to the financial and compliance activities of the Georgia Agrirama Development Authority as of and for the year ended June 30, 1998. The particular information provided is enumerated in the Table of Contents. 
This report is intended solely for the use of management of the Georgia Agrirama Development Authority. However, this report is a matter of public record and its distribution is not limited. 
Respectfully submitted, 
d 
Claude L. Vickers State Auditor 
CLV:ds 
 
 SECTION I SELECTED FINANCIAL INFORMATION 
 
 GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY ANALYSIS OF CHANGES IN FUND BALANCE BUDGET FUND YEAR ENDED JUNE 3D, 1998 
 
EXHIBIT"A" 
 
FUND BALANCE - JUNE 3D, 1998 SUMMARY OF FUND BALANCE 
Reserved Inventories Restricted Funds 
Unreserved Undesignated 
- 1- 
 
$ 114,276.98 
$ 62,554.69 16,660.22 35,062.07 
$ 114,276.98 
 
 GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
YEAR ENDED JUNE 30, 1998 
 
EXHIBIT"B" 
 
FUNDS AVAILABLE REVENUES 
Other Revenues Retained CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 1,508,217.00 $ 1,126,839.22 $ 
 
-381,377.78 
 
0.00 
 
106,706.09 
 
106,706.09 
 
EXPENDITURES Personal Services Regular Operating Expenses Travel Equipment Computer Charges Telecommunications Per Diem, Fees and Contracts Capital Outlay Goods For Resale 
Excess of Funds Available over Expenditures 
 
$ 1,508,217.00 $ 1,233,545.31 $ - - - --"27'4-,67-1-.6-9 
 
$ 938,623.00 $ 830,781.71 $ 
 
201,667.00 
 
136,294.09 
 
4,000.00 
 
1,890.08 
 
7,660.00 
 
7,167.06 
 
7,500.00 
 
3,770.09 
 
7,500.00 
 
6,932.90 
 
45,425.00 
 
44,913.44 
 
175,842.00 
 
9,897.92 
 
120,000.00 
 
77,662.41 
 
107,841.29 65,372.91 2,109.92 492.94 3,729.91 567.10 511.56 
165,944.08 42,337.59 
 
$ 1,508,217.00 $ 1,119,309.70 $ --_---3:8.8",9'0-7-.3-0- 
 
$ 114,235.61 $=====1.1.4.=,2=3=5=.6==1 
 
-2- 
 
 GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY SCHEDULE OF OTHER REVENUES RETAINED YEAR ENDED JUNE 30,1998 
Contract Georgia Department of Agriculture 
Gifts and Grants Restricted Funds Unrestricted 
Sales Concession Stand Sales Country Store Sales Gate Receipts On - Site Manufactured Products Sales Drug Store Sales General Sales 
Other Cash Over/Short Interest Earned Vendor's Compensation of Sales Tax Collections Other 
 
EXHIBIT"C" 
$ 735,704.00 3,163.55 5,325.62 
15,878.18 105,790.88 188,432.14 
13,721.43 35,286.65 19,842.58 
100.48 3,186.11 
382.60 25.00 
$ 1,126,839.22 
 
- 3- 
 
 SECTIONll AUDlTEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
  GEORGIA AGRIRAMA DEVELOPMENT AUTHORITY AUDITEE'S RESPONSE 
SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 1998 
 
PRIOR YEAR FINANCIAL STATEMENT FINDINGS AND QUESTIONED COSTS 
 
FINDING CONTROL NUMBER AND STATUS 
 
FS-940-97-01 
 
Previously Reported Corrective Action Implemented