Audit report, state of Georgia, Department of Transportation, year ended June 30, 1995

GA. ~1300 .R \
1--155
1994-95
STATE OF GEORGIA DEPARTMENT OF AUDITS
254 WASHINGTON STREET ATLANTA. GEORGIA 30334

AUDIT REPORT STATE OF GEORGIA DEPARTMENT OF TRANSPORTATION YEAR ENDED JUNE 30, 1995

DEPARTMENT OF TRANSPORTATION - TABLE OF CONTENTS -

SECTION I

FINANCIAL

INDEPENDENT AUDITOR'S COMBINED REPORT ON FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

EXHIBITS

FINANCIAL STATEMENTS

A COMBINED BALANCE SHEET (STATUTORY BASIS)

ALL FUND TYPES AND ACCOUNT GROUPS

2

B COMBINED STATEMENT OF CHANGES IN FUND BALANCES

(STATUTORY BASIS)

GOVERNMENTAL FUND TYPES

5

C STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES

BUDGET FUND

6

D STATEMENT OF FUNDS AVAILABLE AND EXPENDITURES

COMPARED TO BUDGET

BUDGET FUND

9

E STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS

STATE REVENUE COLLECTIONS FUND

10

F NOTES TO THE FINANCIAL STATEMENTS

II

SUPPLEMENTARY INFORMATION

G COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES

FIDUCIARY FUND TYPE -AGENCY FUNDS

28

SCHEDULES

I SCHEDULE OF APPROVED BUDGET

29

2 CASH AND CASH EQUIVALENTS

30

3 SCHEDULE OF GOVERNOR'S EMERGENCY FUND

31

4 SCHEDULE OF FEDERAL REVENUES

32

5 SCHEDULE OF OTHER REVENUES RETAINED

33

6 SCHEDULE OF OTHER OPERATING EXPENSES

34

7 RECONCILIATION OF SALARIES AND TRAVEL

35

DEPARTMENT OF TRANSPORTATION -TABLE OF CONTENTS-
SECTION II FINDINGS AND IMPROPER OR QUESTIONED COSTS SCHEDULE OF FINDINGS AND IMPROPER OR QUESTIONED COSTS
APPENDIX CONSTRUCTION ALLOTMENTS SCHEDULE OF CONSTRUCTION ALLOTMENTS FROM BEGINNING OF DEPARTMENT OF TRANSPORTATION TO JUNE 30, 1995 (UNAUDITED)

SECTION I FINANCIAL

CLAUDE L. VICKERS
STATE AUDITOR ("'4) 656-2174

DEPARTMENT OF AUDITS"
254 Washington Street, S.W., Suite 214 Atlanta, Georgia 30334-8400
December 8, 1995

Honorable Zell Miller, Governor Members of the General Assembly of Georgia Members ofthe State Transportation Board Honorable Wayne Shackelford, Commissioner
and Honorable James R. Martin, Treasurer Department of Transportation
INDEPENDENT AUDITOR'S COMBINED REPORT ON FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
Ladies and Gentlemen:
We have audited the accompanying financial statements. (Exhibits A through F) of the Department of Transportation as of and for the year ended June 30, 1995. These financial statements are the responsibility of the Department's management. Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principies used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
As described in Note 1, these financial statements were prepared on a prescribed basis of accounting that demonstrates compliance with the budgetary statutes and regulations of the State of Georgia, which is a comprehensive basis of accounting other than generally accepted accounting principles.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position (statutory basis) of the Department of Transportation as of June 30, 1995, and the results of its operations (statutory basis) for the year then ended, on the basis of accounting described in Note 1.

95ARL-1X

Our audit was made for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplementary information (Exhibit G, Schedules 1 through 7 and Appendix - Construction Allotments) is presented for purposes of additional analysis and is not a required part of the financial statements ofthe Department of Transportation. Such information, except for the Appendix - Construction Allotments, on which we express no opinion, has been subjected to the auditing procedures applied in the audit of the financial statements and, in our opinion, is fairly presented in all material respects in relation to the financial statements taken as a whole.
7~
Claude L. Vickers State Auditor
CLV:cm 95ARL-IX

FINANCIAL STATEMENTS . I.

ASSETS
Cash and Cash Equivalents (See Schedule)
Accounts Receivable
5 - Appropriation
Federal Financial Assis1ance Other
Inventories
FixedAsse1s Equipment
Amount to be Provided for Payment of Accrued Compensated Absences
Total Asse1s
LIABILITIES AND FUND EQUITY
Liabilities Cash Overdraft Accounts Payable Contracts Payable Accrued Salaries Payroll Withholdings Unearned Revenue Funds Held for Others Compensated Absences
Total Liabilities
Fund Equity Investment in General Fixed Asse1s Fund Balances Reserved Motor Fuel Tax Funds
Allotments to Complete Construction Designated Appropriation Balance Inventories
Unallocated
5 - Revenue Collections Fund
Unreserved Designated Surplus
Total Fund Equity
Total Liabilities and Fund Equity

GOVERNMENTAL FUND TYPES

STATE

REVENUE

BUDGET

COLLECTIONS

FIDUCIARY FUND TYPE
AGENCY

$

$ 828,415,608.16 804,463,920.01
467,565,036.10

$ 2,100,444,564.27

$

9,378,114.13

0.00 $ 49,873,555.00

$ 2109 822 678.40 $

0.00 $ 49 873,555.00

$

27,244,446.42

16,412,089.61

1,157,312,817.58

6,633,843.20

2,105,051.76

6,797,076.50

$ 1,216,505,325.07

$ 49,873,555.00 $ 49,873,555.00

$ 610,802,693.00 270,606,524.11 9,378,114.13 1,757,168.82 $
772,853.27 $ 893,317,353.33 $
2109,822 678.40 $

0.00 0.00 0.00 $ 49 873 555.00

The notes to the financial statements are an integral part of this -ment. -2-

EXHIBIT"A"

ACCOUNT GROUPS

GENERAL

GENERAL

FIXED

LONG-TERM

ASSETS

DEBT

TOTALS

!Memorandum Onl~l

JUNE 30, 1995

JUNE 30, 1994

$

49,873,555.00 $

45,546,652.41

$ 828,415,608.16 $ 818,666,464.34

804,463,920.01

677,636,846.63

467,565,036.10

247,815,307.09

$ 2,100,444,564.27 $ 1,744,118,618.06

$

9,378,114.13 $

13,207,911.50

$ 153,685,685.10

$ 153,685,685.10 $ 140,666,074.88

$ 22,183,268.57 $

22, 183,268.57 $

21,695,221.20

$ 153685685.10 $ 22 183 268.57 $ 2,335 565 187.07 $ 1 965,234 478.05

$

27,244,446.42 $

16,412,089.61

1,157,312,817.58

6,633,843.20

2,105,051.76

6,797,076.50

49,873,555.00

$ 22, 183,268.57

22, 183,268.57

$ 22,183,268.57 $ 1,288,562,148.64 $

10,369,177.33 17,287,213.40 865,589,385.45 6,459,232.38
1,522,770.74 6,798,787.33 45,545,632.41 21,695,221.20
975,267,420.24

$ 153,685,685.10

$ 153,685,685.10 $ 140,666,074.88

$ 153,685,685.10

610,802,693.00 270,606,524.11
9,378,114.13 1,757,168.82
0.00

560,119,106.88 273,327,555.15 13,207,911.50
1,757,465.72 1,020.00

772,853.27 1,047,003,038.43 $

887,923.68 989,967,057.81

$ 153 685 685.10 $ 22,183268.57 $ 2,335,565,187.07 $ 1 965,234 478.05

-3-

DEPARTMENT OF TRANSPORTATION COMBINED STATEMENT OF CHANGES IN FUND BALANCES /STATUTORY BASIS\
GOVERNMENTAL FUND TYPES YEAR ENDED JUNE 30 1995

EXHIBIT"B"

FUND BAbe,NCES JULY 1
Reserved Unreserved
Designated Surplus
ADDITIONS
Adjustments to Prior Yea(s Contracts and Accounts Payable
Cash Receipts for the Year Exhibit"E"
Excess of Funds Available over Expenditures Exhibit"C"
Reimbursement of Prior Yea(s Expenditures
DEDUCTIONS
Unreserved Fund Balance (Surplus) Returned to Offoce of Treasury and Fiscal Services Year Ended June 30, 1993 Year Ended June 30, 1994
Adjustments to Prior Yea(s Accounts Receivable
Cash Disbursements for the Year Exhibit"E"
Inventories Pricing Adjustment Refund of Prior Yea(s Revenue
Excess Cash Participation Reserved Fund Balance Carried over from
Prior Year as Funds Available
FUND BA!.e,NCES JUNE 30
(To Exhibit "A")

BUDGET

STATE REVENUE COLLECTIONS

TOTALS

(Memorandum Onl~l YEAR ENDED

JUNE30 1995

JUNE30 1994

$ 848,412,039.25 $
887923.68 $ 849 299 962.93 $

1,020.00 $ 848,413,059.25 $ 835,206,916.22

887923.68

2520007.12

1 020.00 $ 849 300,982.93 $ 837 726 923.34

$

31,887,253.36

$

862,559,868.10 0.00

894 447 121.46 $

31,887,253.36 $ 60,487,553.10

0.00

0.00

1,020.00

862,559,868.10 0.00

789,732,615.41 6770.29

0.00 $ 894447121.46 $ 850 227 958.80

$

0.00

887,923.68

1, 128,098.62

$ -493,259.50

494,929.01

848 412 039.25

$ 850 429 731.06 $

0.00 $ 887,923.68

2,520,007.12 0.00

1,128,098.62

620,696.39

1,020.00

1,020.00 -493,259.50

0.00 157,870.43

494,929.01

148,409.05

848 412 039.25

835~,!!16.22

1 020.00 $ 850 430 751.06 $ 838 653 899.21

893,317,353.33 $

0.00 $ 893,317 353.33 $ 849 300,982.93

The notes to the financial statements are an integral part of this statement. -5-

FUNDS AVAILABLE
REVENUES
STATE APPROPRIATION General Appropriation Amended Appropriation Governor's Emergency Fund (See Schedule)
Less: Lapsed Funds
Tola! State Appropriation
FEDERAL REVENUES (See Schedule)
OTHER REVENUES RETAINED (See Schedule)
Tola! Revenues
CARRY-OVER FROM PRIOR YEAR
Transfer from Reserved Fund Balance Motor Fuel Tax Funds Allotments to Complete Construction Designated Appropriation Balance Inventories Unallocated
Tola! Carry-Over from Prior Year
Tola! Funds Available
EXPENDITURES
PERSONAL SERVICES
Salaries and Wages Employer's Contributions for:
F.I.CA Retirement 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 E-e) Insurance and Bonding Claims and Indemnities Other Operating Expenses (See Schedule) Extraordinary Expenditures Duplicating and Rapid Copy Publications and Printing
The notes to the financial -ements are an integral part of this -ement.
-6-

EXHIBIT"C"

TOTALS
YEAR ENDED JONE 30 1995 JONE 30 1994

$ 450,915,497.00 $ 4,000,000.00 20000.00
$ 454,935,497.00 $ 0.37
$ 454,935,496.63 $
614,127,224.15
378 989 038.53
$ 1 448 051 759.31 $

437 ,62B;zn .00
14,923, 158.00 0.00
452,551,435.00 0.62
452,551,434.38
350,118,718.72
187 759 148.20
990 429 301.30

560,119,106.88$ 273,327,555.15
13,207,911.50 1757 465.72
848 412 039.25 $

575,541,804.13 246,833,909.14
11,034,205.16 1796997.79
835 206 916.22

$ 2 296 463 798.56 $ 1 825 636 217.52

$ 158,678,396.77 $ 151,765,667.32

11,348,368.01 24,766,876.55 19,586,925.61 10,307,200.00
104,009.00 5,109,676.00
692,662.22
13743.80

10,853,664.10 24,493,948.63 18,704,449.86
3,483,232.00 132,085.00
4,389,434.00 670,893.51 5016.50

$ 230 607 857.96 $ 214 498 390.92

$ 11,884,710.60$ 11,861,249.36

33,794,709.66

29,831,913.69

1,533,623.00

1,296,195.36

3,560,981.18

3,475,178.73

529,707.46

654,322.48

1,321,989.19

1,087,381.13

108,202.09

48,400.55

952,323.65

1,007,793.56

0.00

139,835.96

281,941.50

210,578.66

745225.10

632198.92

$

54 713 413.43 $

50 245 048.40

STATEM
EXPENDITURES TRAVEL MOTOR VEHICLE PURCHASES EQUIPMENT
Equipment Purchases Lease/Purchase of Equipment Rental of Equipment
COMPUTER CHARGES Other Costs Supplies and Materials Repairs and Maintenance Rents (Other than Real Estate) Other Operating Expenses (See Schedule) Software Equipment Equipment Purchases 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 Equipment Equipment Purchases Per Diem, Fees and Contracts Contracts
OTHER CAPITAL OUTLAY-AIRPORT APPROACH AID AND OPERATIONAL IMPROVEMENTS Capital Outlay Per Diem, Fees and Contracts Contracts CAPITAL OUTLAY -AIRPORT DEVELOPMENT Capital Outlay Per Diem, Fees and Contracts Contracts MASS TRANSIT GRANTS OtherCosls Grants to Counties, Cities and Civil Divisions
The notes to the financial statements are an integral part of this statement. -7-

EXHIBIT"C"

TOTALS
?!:AR EFl!5E!5 JONEM 1995 JOFlE !lO 1994

$

1 773 504.53 $

1425425.61

$

4 466 949.20 $

2969227.47

$

12,510,792.26 $

10,124,660.73

2,200.00

29,732.35

74 511.76

81251.28

$ 12 587 504.04 $ 10.235 664.36

$

262,660.91 $

1,130,379.35

13,166.00

97,198.33

1,196,579.14

223,379.11 885,670.30
5,853.00 46,549.00
803,929.71

2,350,225.90

2,793,728.10

29,300.00 0.00
121392.67

671,781.00 25,000.00
204272.07

$

5 220 902.30 $

5660162.29

$

1 296 639.33 $

1302876.00

2247621.17 $

2030062.60

$ 32,674,355.36 $ 25,217,116.56

14390572.TT

9425677.08

$ 47 064 928.13 $ 34 642 793.64

$

4,028,660.04 $

1 050 149 874.34

$ 1 054178 554.38 $

2,211,712.82 694 548 935.59 696 760 648.41

1 016119.79 $ _ _""1"'02=-1'-"555=~1-=-5 1168 700.00 $ _ _~1~167=500=~00-=9666236.96 $ _ _,,9"-764=2=-48=.0~1

ORTATION AND EXPENDITURES

EXHIBIT"C"

EXPENDITURES
OTHER
HARBOR MAINTENANCE/INTRA-COASTAL WATERWAYS MAINTENANCE AND OPERATIONS
Per Diem, Fees and Contracts Contracts
SPOILAGE AREA ACQUISITION, CLEARING, PREPARATION AND DIKE RECONSTRUCTION
Per Diem, Fees and Contracts Contracts
Total Other
Total Expenditures
Excess of Funds Available over Expenditures

TOTALS

EMENDED

JONE 30 1995

JONE 30 1994

$

679999.24 $

679999.25

$

7 215 000.00 $

3500000.00

$ 19746055.99 $ 16133 302.41

$ 1,433,903,930.46 $ 1,035,903,602.11

862 559 868.10

789 732 615.41

$ 2 296 463 798.56 $ 1 825 636 217.52

The notes to the financial statements are an integral part of this statement. -8-

DEPARTMENT OF TRANSPORTATION STATEMENT OF FUNDS AYAILABI E AND EXPENDITURES
COMPARED TO BUDGET
BUDGET FUND YEAR ENDED JUNE 30 1995

EXHIBIT" "

FUNDS AVAILABLE .BEYEMl,!E
State Appr<>prialion Federal Revenues other Revenues Retained
CARRY-OVER FROM PRIOR YEAR Transfer from Reserved Fund Balance

BUDGET

ACTUAL

VARIANCEFAVORABLE (UNFAVORABLE\

$ 454,935,497.00 $ 454,935,496.63 $

545,187,290.07

614,127,224.15

389 812 036.78

378 989 038.53

$ 1,389,934,823.85 $ 1,448,051,759.31 $

-0.37 68,939,934.08 -1 o 822 998.25
58, 116,935.46

1 456 259 886.98

848 412 039.25

-607 847 847.73

$ 2 846194 710.83 $ 2,296,463,798.56 $ -549,730,912.Zl

EXPENDITURES
PersonalSe!vices Regular Operating Expenses Travel Motor Vehicle Purchases Equipment Computer Charges Real Estate Rentals Telecommunications Per Diem, Fees and Contracts Capital Outlay Capital Outlay - Airport Approach Aid
and Operational Improvements Capital Outlay - Airport Development Mass Transit Grants Harbor Maintenance/Intra-Coastal Wate,ways
Maintenance and Operations Spoilage Area Acquisition, Clearing,
Preparation and Dike Reconstruction

$ 244,633,944.00 $ 230,607,857.96 $

76,555,456.12

54,713,413.43

1,966,010.00

1,773,504.53

5,317,553.43

4,466,949.20

16,842,972.27

12,587,504.04

7,916,713.26

5,220,902.30

1,340,m.oo

1,296,639.33

2,589,555.33

2,247,621.17

97,357,548.59

47,064,928.13

2,365,675,872.95

1,054,178,554.38

14,026,086.04 21,842,042.69
192,505.47 850,604.23 4,255,468.23 2,695,810.96
44,133.67 341,934.16 50,292,620.46 1,311,497,318.57

1,024,100.00 1,168,700.00 15,073,736.77

1,016,119.79 1,168,700.00 9,666,236.96

7,960.21 0.00
5,407,499.81

680,000.00

679,999.24

0.76

8051775.11

7 215 000.00

836775.11

$ 2 846194 710.83 $ 1,433,903,930.46 $ 1,412,290,780.37

Excess of Funds Available over Expend~ures
The notes to the financial statements are an integral part of this statement. -9-

862559868.10 $

862 559 868.1 o

DEPARTMENT OF TRANSPORTATION STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
STATE REVENUE COLLECTIONS FUND YEAR ENDED JUNE 30 1995

EXHIBIT"E"

CASH RECEIPTS STATE REVENUE COLLECTIONS
None Reported CASH AND CASH EQUIVALENTS - JULY 1 1994

$

0.00

1,020.00

s~.....1.,0=2.o..._oo..,

DISBURSEMENTS TRANSFERS
To Office of Treasury and Fiscal Services CASH AND CASH EQUIVALENTS-JUNE 30 1995

$

1,020.00

0.00

s _ _ _1_,0_2_0._00_

The notes to the financial statements are an integral part of this statement. - 10 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT "F"

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
REPORTING ENTITY The Department of Transportation, an organizational unit of the State of Georgia, is part of the executive branch of the government ofthe State of Georgia. The State Transportation Board has general control and supervision of the Department. The Board is composed of one member from each congressional district elected by a majority vote of the members of the House of Representatives and Senate of the General Assembly ofGeorgia whose respective districts are within such congressional district. The Commissioner of Transportation is the chief executive officer of the Department and is selected by a majority vote of the members of the State Transportation Board. The powers and duties of the Department of Transportation include planning, designating, improving, managing, controlling, constructing and maintaining a highway system for the State of Georgia.
The Department ofTransportation does not have authority to determine the amount of funding it will receive from the State of Georgia for any given fiscal year. Such authority is vested in the General Assembly of Georgia. The Department also does not have authority to retain unexpended general State appropriations (swplus) for any given fiscal year except as described in Note 1 for Motor Fuel Tax Funds. Accordingly, the Department of Transportation is included within the State of Georgia reporting entity for financial reporting purposes because of the significance of its legal, operational and financial relationships with the State of Georgia. These reporting entity relationships are defined in Section 2100 of the Governmental Accounting Standards Board Codification of Governmental Accounting and Financial Reporting Standards.
FUND ACCOUNTING The Department of Transportation uses funds and account groups to report on its financial position and the results ofits operations determined in conformity with accounting practices prescribed or permitted by statutes and regulations of the State of Georgia. A fund is an independent fiscal and accounting entity with a selfbalancing set of accounts. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with finance-related legal and contractual provisions. The minimum number offunds are maintained consistent with legal and managerial requirements. Account groups are a reporting device used to account for certain assets and liabilities ofthe governmental funds not recorded directly in those funds. Funds and account groups presented in the accompanying financial statements are as follows:
GOVERNMENTAL FUND TYPES
BUDGET FUND - The fund used to account for activities and functions as set forth in the Amended Appropriations Act of 1994-1995. The Budget Fund is similar in nature to a General Fund as identified in generally accepted accounting principles in that the Budget Fund is used to account for all activities except those required to be accounted for in some other fund.

- 11 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT "F"

NOTE l: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
FUND ACCOUNTING
GOVERNMENTAL FUND TYPES
STATE REVENUE COLLECTIONS FUND - The fund used to account for the collection of specific revenues ofthe State ofGeorgia as provided by statute or administrative action and the subsequent transfer of such funds to the Office of Treasury and Fiscal Services. This presentation differs from generally accepted accounting principles in that such activity should be included in the General Fund of the governmental organization.
FIDUCIARY FUND TYPE
AGENCY FUNDS - The funds used to account for assets held for use by other funds, governments, or individuals.
ACCOUNT GROUPS
GENERAL FIXED ASSETS - The account group used to account for fixed assets used in governmental fund type operations. Fixed assets purchased are recorded at cost or at estimated historical cost if historical cost is not practically determinable. Donated fixed assets are recorded at fair market value on the date donated. Disposals are deleted at recorded values. No depreciation has been provided in the financial statements. However, the Department of Transportation does maintain depreciation records for certain equipment items in the State cost accounting system for management purposes and as a method for accumulating total costs associated with federal grants for billing purposes.
It is the policy ofthe Department ofTransportation not to include public domain ("infrastructure") general fixed assets in the financial statements.
The cost of normal maintenance and repairs that do not add to the value ofthe asset or materially extend assets' lives are not included in the General Fixed Assets Account Group. Material improvements adding to the value or useful life of the assets are included in the General Fixed Assets Account Group.
GENERAL LONG-TERM DEBT - The account group used to report the noncurrent portions of certain governmental long-term liabilities, such as claims, judgments and compensated absences, which will be paid from future resources.
BASIS OF ACCOUNTING MEASUREMENT FOCUS
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. Governmental funds should be accounted for using the flow ofcurrent financial resources measurement focus. With this measurement focus, operating statements present increases and decreases in net current assets and unreserved fund balance is a measure of available spendable resources. In accordance with accounting practices
- 12 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXHIBIT "F"

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING MEASUREMENT FOCUS
prescribed or permitted by statutes and regulations of the State of Georgia, the Budget Fund remits its unreserved fund balance (surplus) to the Office of Treasury and Fiscal Services in the subsequent fiscal year.
GOVERNMENTAL FUND TYPES BUDGETFUND
Except as disclosed in the following paragraphs, units of government of the State of Georgia record their Budget Fund revenues and expenditures in accordance with the modified accrual basis ofaccounting. Under the modified accrual basis ofaccounting, revenues are recognized when susceptible to accrual (i.e., when they are "measurable and available"). "Measurable" means the amount ofthe transaction can be determined and "available" means collectible within the current period or soon enough thereafter to pay liabilities of the current period. Revenues that are accrued include primarily State appropriations, Federal grants and entitlements, and certain amounts earned under operating agreements with other parties. Expenditures are recorded when the related fund liability is incurred, except for unmatured interest on general long-term debt which is recognized when due, and certain compensated absences, claims and judgements which are recognized when the obligations are expected to be liquidated with expendable available financial resources.
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. This accounting practice causes expenditure-driven grant revenues to be accrued based, in part, on the unexecuted portion of contracts for goods and services. The recognition of encumbrances as expenditures and liabilities is in conformity with accounting practices prescribed or permitted by statutes and regulations ofthe State ofGeorgia, but is not consistent with generally accepted accounting principles, which provide for the recording of encumbrances as a reservation offund balance. Further, revenue recognition for expenditure-driven grants should be based upon expenditures determined in accordance with generally accepted accounting principles.
Prior period adjustments and certain other items are reported as additions to and deductions from fund balances ofthe Budget Fund in the accompanying financial statements. This presentation is in accordance with accounting practices prescribed or permitted by statutes and regulations of the State of Georgia, but differs from generally accepted accounting principles in that immaterial adjustments should be reported as current period revenues and expenditures.
STATE REVENUE COLLECTIONS FUND The State Revenue Collections Fund is maintained on the Cash Receipts and Disbursements basis of accounting as prescribed or permitted by statutes and regulations of the State of Georgia. 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. The State Revenue Collections Fund, which should be included in the General Fund in accordance with generally accepted accounting principles, should be maintained on the modified accrual basis ofaccounting.
- 13 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXIIlBIT "F"

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING FIDUCIARY FUND TYPE AGENCY FUNDS
Agency Funds are custodial in nature and do not measure results of operations or have a measurement focus. The modified accrual basis of accounting is utilized for recognizing assets and liabilities.
BUDGET Appropriation allotments to the Department of Transportation are on the basis ofa budget submitted by the Department and approved by the Legislature and the Governor. The budget is adopted on a basis consistent with accounting practices prescribed or permitted by statutes and regulations ofthe State of Georgia and is compiled in the same manner as all State departments. Expenditures are classified by budget unit object classes as provided in Act No. 1208 of Georgia Laws 1994 (as approved April 18, 1994) and amended by Act No. 6 of Georgia Laws 1995 (as approved February 22, 1995), which is an appropriated budget and is referred to in these notes as the Amended Appropriations Act of 1994-1995.
Overexpenditure of a budget unit object class, except for the "common object classes", included in the Department's final amended budget is in violation of Section 80 of the 1994-1995 Amended Appropriations Act. Expenditures ofno more than 102% of the stated amount for each common object class are authorized by Section 80. However, the total expenditure for the group of common object classes may not exceed the sum of the stated amounts for the separate object classes of.the group. The common object classes include Personal Services, Regular Operating Expenses, Travel, Motor Vehicle Purchases, Equipment, Computer Charges, Real Estate Rentals, Telecommunications and Postage.
CASH AND CASH EQUIVALENTS Cash and Cash Equivalents include demand deposits with banks and other financial institutions and cash management pools that have the general characteristics of demand deposit accounts in that the Department may deposit additional cash at any time and also may withdraw cash at any time without prior notice or penalty. Cash and Cash Equivalents also include short-term, highly liquid investments with maturities ofthree months or less from the date of acquisition.
INVESTMENTS The Department ofTransportation participates in an investment pool managed by the State of Georgia's Office ofTreasury and Fiscal Services (OTFS) referred to as the "Georgia Fund 1". The Department does not have any risk exposure from investments in Georgia Fund 1 as the investment policy of OTFS does not provide for investments in derivatives or similar investments through the Georgia Fund 1.
ACCOUNTS RECEIVABLE Accounts Receivable (Other) arising from operations are reported at gross value. Based on management's evaluation that amounts uncollectible are not material, no provision has been made for those accounts expected to be uncollectible.

- 14 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXIIlBIT "F"

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INVENTORIES Inventories ofsupplies are valued at cost using the weighted - average method on the Combined Balance Sheet (Statutory Basis). The consumption method is used to account for the use of inventories. Under the consumption method, the costs ofinventories are recorded as expenditures when consumed rather than when purchased.
RESERVED FUND BALANCE Reserves represent those portions offund equity not appropriable for expenditure or legally segregated for a specific future use. The following is a briefdescription ofthe reserve reflected in the accompanying financial statements:
MOTOR FUEL TAX FUNDS The Department ofTransportation, in accordance with the Official Code of Georgia Annotated Section 322-2, has "...control and supervision ofall funds appropriated for public road work by the State and activities incident thereto from the net proceeds of motor fuel tax, as provided in Article III, Section IX, Paragraph VI(b) ofthe Constitution ofGeorgia...". The amounts shown under the heading "Motor Fuel Tax Funds" on the Combined Balance Sheet (Statutory Basis), Exhibit "A", are retained by the Department of Transportation for the purposes of public road work and are not subject to lapse.
UNRESERVED FUND BALANCE In accordance with accounting practices prescribed or permitted by statutes and regulations of the State of Georgia, the Budget Fund's unreserved fund balance is remitted to the Office ofTreasury and Fiscal Services in the subsequent fiscal year as surplus. This amount of unexpended general State appropriations is available to the State for reappropriation in subsequent years.
COMPENSATED ABSENCES Compensated absences represent obligations of the Department relating to employee's rights to receive compensation for future absences based upon services already rendered. This obligation relates only to vesting accumulating annual leave in which payment is probable and can be reasonably estimated. No liability has been recorded in the individual funds for the current portion of this obligation as this amount will not be liquidated with expendable available financial resources. Funds are provided in the appropriation offunds each year to the Department to cover the cost ofannual leave paid to terminated employees.
The liability for compensated absences at year end is reported in the General Long-Term Debt Account Group for governmental funds.
MEMORANDUM ONLY - TOTAL COLUMNS Total columns on the Combined Statements (Statutory Basis) are captioned "Memorandum Only" because they do not represent consolidated financial information and are presented only to facilitate financial analysis. The columns do not present information that reflects financial position, results of operations or changes in financial position in conformity with generally accepted accounting principles. Neither are such data comparable to a consolidation. Interfund eliminations have not been made in the aggregation of this data.
- 15 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT "F"

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
COMPARATIVE DATA Comparative total data for the prior year have been presented in selected sections of the accompanying financial statements in order to provide an understanding of the changes in the Department's financial position and operations. Comparative totals have not been included on statements where their inclusion would not provide enhanced understanding of the Department's financial position and operations or would cause the statements to be unduly complex and difficult to understand. Also, certain amounts presented in the prior year data have been reclassified in order to be consistent with the current year's presentation.
NOTE 2: CUSTODIAL CREDIT RISKS OF CASH DEPOSITS AND INVESTMENTS
STATE OF GEORGIA COLLATERALIZATION STATUTES AND POLICIES Funds ofthe State of Georgia cannot be placed in a depository paying interest longer than ten days without the depository providing a surety bond to the State. In lieu ofa surety bond, the depository may pledge as collateral any one or more ofthe following securities as enumerated in the Official Code of Georgia Annotated Section 50-17-59:
(1) Bonds, bills, certificates ofindebtedness, notes, or other direct obligations ofthe United States or ofthe State of Georgia.
(2) Bonds, bills, certificates ofindebtedness, notes, or other obligations of the counties or municipalities of the State of Georgia.
(3) Bonds ofany public authority created by the laws of the State of Georgia, providing that the statute that created the authority authorized the use ofthe bonds for this purpose.
(4) Industrial revenue bonds and bonds of development authorities created by the laws of the State of Georgia.
(5) Bonds, bills, certificates ofindebtedness, notes, or other obligations ofa subsidiary corporation of the United States government, which are fully guaranteed by the United States government both as to principal and interest, and debt obligations issued by the Federal Land Bank, the Federal Home Loan Bank, the Federal Intermediate Credit Bank, the Central Bank for Cooperatives, the Farm Credit Banks, the Federal Home Loan Mortgage Association, and the Federal National Mortgage Association.
(6) Guarantee or insurance of accounts provided by the Federal Deposit Insurance Corporation.
As authorized in the Official Code of Georgia Annotated Section 50-17-53, the State Depository Board has adopted policies which allow agencies ofthe State of Georgia the option of exempting demand deposits from the collateral requirements.

- 16 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXHIBIT "F"

NOTE 2: CUSTODIAL CREDIT RISKS OF CASH DEPOSITS AND INVESTMENTS

CATEGORIZATION OF DEPOSITS For purposes of analysis of custodial credit risk, cash deposits consist of all bank balances which include demand deposits and/or interest bearing accounts. The bank balances as of June 30, 1995, are categorized below in order to provide information about the extent to which such deposits are exposed to custodial credit risk.

Category l - Amounts covered by depository insurance or collateralized with securities (at market value) held by the Department or by its agent in the Department's name.

Category 2 - Amounts collateralized with securities (at market value) held by the pledging financial institution's trust department or agent in the Department's name.

Category 3 - Amounts collateralized with securities (at market value) held by the pledging financial institution or by its trust department or agent, but not in the Department's name, and amounts uncollateralized.

Included on Schedule "2" ofthis report is an amount of$39,003,502.0l for Contractors' Retainage Escrow Deposits which have not been included in the custodial credit risk categorization. Official Code of Georgia Section 32-2-77 provides that the Department shall not be liable to the contractors for the failure of the escrow agents (See Note 10).

Cash Deposits

Canying Amount

Bank Balances

Risk Categories

$-538644)476 $2541714508 $391035593 S 84176562 $2066502353

CATEGORIZATION OF INVESTMENTS Investments are stated at cost. The carrying amount of the investment balance as of June 30, 1995, shown below is maintained in an investment pool by the Office of Treasury and Fiscal Services and is not subject to risk categorization.

Type oflnvestment

Carrying Amount

Market Value

State Investment Pool

$37 490 021 33 $37 490 021 33

NOTE 3: OPERATING LEASES

The Department ofTransportation has entered into certain agreements to lease real property acquired through its Right-of-Way Acquisition Program. Future minimum commitments due under these operating leases are not reflected due to the uncertainty of the duration of these leases as each lease contains provisions for cancellation after a thirty day written notice by either party.

- 17 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXHIBIT"F"

NOTE 4: CHANGES IN GENERAL FIXED ASSETS

In accordance with the statutory definition of moveable personal property as defined in Official Code of
Georgia Annotated Section 50-16-161, only those items with an acquisition cost ofSl,000.00 or greater are reflected in the General Fixed Assets Account Group.

The following is a summary of changes of equipment in the General Fixed Assets Account Group during the fiscal year:

Balance July 1, 1994

$140,666,074.88

Additions Deductions

18,254,792.53 5 235 182.31

Balance June 30, 1995

$153 685 685 10

NOTE 5: GENERAL LONG-TERM DEBT

CHANGES IN GENERAL LONG-TERM DEBT During the year ended June 30, 1995, the following changes occurred in the compensated absences liability reported in the General Long-Term Debt Account Group:

Balance July I, 1994
Additions Annual Leave Earned and Utilized (Net) Salaries Salary Related Fringe Benefits
Balance June 30, 1995
NOTE 6: RISK MANAGEMENT

$21,695,221.20
453,364.95 34 682.42
$22 J83 268 57

Public Entity Risk Pool

The State Personnel Board, Merit System ofPersonnel Administration internally administers for the State of Georgia a program of health benefits for the employees of units of government ofthe State of Georgia and units of county government and local education agencies located within the State of Georgia. This plan is funded by participants covered in the plan, by employers' contributions paid by the various units of government participating in the plan, and appropriations made by the General Assembly of Georgia. The State Personnel Board, Merit System of Personnel Administration has contracted with Blue Cross Blue Shield of Georgia to process claims in accordance with the State Employees' Health Benefit Plan as established by the State
Personnel Board.

- 18 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXIIlBIT "F"

NOTE 6: RISK MANAGEMENT
Other Risk Management
The Department ofAdministrative Services (DOAS) has the responsibility for the State of Georgia of making and carrying out decisions that will minimize the adverse effects of accidental losses that involve State government assets. The State believes it is more economical to manage its risks internally and set aside assets for claim settlement. Accordingly, DOAS services claims for risk of loss to which the State is exposed, including general liability, property and casualty, workers' compensation, unemployment compensation, and law enforcement officers' indemnification. Limited amounts of commercial insurance is purchased applicable to property, employee and automobile liability, fidelity and certain other risks. The Department of Transportation is part ofthe State of Georgia reporting entity, and as such, is covered by the State of Georgia risk management program administered by DOAS. Premiums for the risk management program are charged to the state agencies by DOAS to provide claims servicing and claims payment.
In addition, the "Liability Trust Fund" recorded in Agency Funds was established for the purpose of protecting the employees, Board members, and elected or appointed members of the Georgia Department of Transportation from financial loss resulting from liability in tort or other causes subject to approval by the Trustees of the fund.
NOTE 7: DEFERRED COMPENSATION PLAN
The State of Georgia offers its employees a deferred compensation plan in accordance with Internal Revenue Code Section 457. The plan, available to employees ofthe State of Georgia and county health departments, permits such employees to defer a portion oftheir salary until future years. Participation in the plan is optional. Participants choose the option or options in which they wish to participate. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency. All amounts of compensation deferred under the plan, all property and rights purchased with those amounts, and all income attributable to those amounts, property, or rights are (until paid or made available to the employee or other beneficiary) solely the property or rights of the State of Georgia subject only to the claims of the State's general creditors. Participant's rights under the plan are equal to those of a general creditor of the State of Georgia in an amount equal to the fair market value of the deferred account of each participant. Financial infonnation relative to the plan is presented in the financial report ofthe State Personnel Board - Merit System ofPersonnel Administration for the year ended June 30, 1995.
NOTE 8: RETIREMENT PLANS
EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA
Plan Description The Department of Transportation participates in the Employees' Retirement System of Georgia ("ERS"), a single-employer, defined benefit plan established by the General Assembly of Georgia for the purpose of providing retirement allowances for employees ofthe State ofGeorgia. The Department's payroll for the year
- 19 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXHIBIT "F"

NOTE 8: RETIREMENT PLANS
EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA
Plan Description ended June 30, 1995, for employees covered by ERS was $153,469,712.12. The Department's total payroll for all employees was $158,678,396.77.
Benefits The benefit structure of ERS was significantly modified on July 1, 1982. Unless elected otherwise, an employee who currently maintains membership with ERS based upon State employment that started prior to July 1, 1982, is an "old plan" member subject to the plan provisions in effect prior to July 1, 1982. All other members are "new plan" members subject to the modified plan provisions.
Members become vested after 10 years of creditable service. A member may retire and receive normal retirement benefits after completion of IO years of creditable service and attainment ofage 65. Retirement benefits paid to members are based upon a formula which considers the monthly average of the member's highest eight consecutive calendar quarters of salary, the number of years of creditable service, and the member's age at retirement. Postretirement cost-of-living adjustments are also made to member's benefits. The normal retirement pension is payable monthly for life; however, options are available for distribution of the member's monthly pension at reduced rates to a designated beneficiary upon the member's death. Death and disability benefits are also available through ERS. If 10 years of service is completed and age 60 is reached, the member may retire with a reduced benefit. Additionally, there are certain provisions allowing for retirement after 30 years of service regardless ofage.
Contributions Required and Contributions Made Under the old plan, member contributions consist of employee contributions paid by the employee of 1.25% ofannual compensation and 4.75% ofannual compensation paid by the Department on behalf of the employee. Under the new plan, member contributions consist solely of 1.25% of annual compensation paid by employee. The Department also is required to contribute at a specified percentage ofactive member payroll determined annually by actuarial valuation. For the year ended June 30, 1995, the ERS employer contribution rate for the Department amounted to 15.39% of covered payroll and included the 4.75% contributed on behalf of the employee referred to above. Contributions are also made on amounts paid for accumulated leave of retiring employees.
Total contributions to the plan made during fiscal year 1995 amounted to $25,527,170.24, of which $23,626,551.37 was made by the Department and $1,900,618.87 was made by employees. These contributions met the requirements of the plan.
Funding Status and Progress Pension Benefit Obligation
The amount shown as the "pension benefit obligation" is a standardized disclosure measure of the present value ofpension benefits, adjusted for the effects of projected salary increases and step-rate benefits, estimated to be payable in the future as a result of employee service to date. The measure is intended to help users assess
-20-

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXIIlBIT "F"

NOTE 8: RETIREMENT PLANS

EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA

Funding Status and Progress Pension Benefit Obligation
the funding status ofERS on the going-concern basis, assess progress made in accumulating sufficient assets to pay benefits when due and make comparisons among employers. The measure is the actuarial present value of credited projected benefits, and is independent ofthe funding method used to determine contributions to the plan.

The pension benefit obligation was computed as part of an actuarial valuation performed as of June 30, 1994. Significant actuarial assumptions used in the valuation include the following:

1) The present value offuture pension benefits paid was computed using a discounted rate of7.5 percent. This rate is also the same rate assumed to be earned on investments in the plan in future years.

2) Future pension payments reflect the following assumed salary increases as a result of inflation and merit increases:

~

Percentage

20

9.5%

25

8.5%

30

6.5%

35

6.0%

40 to 65

5.7%

3) ERS has the authority to grant cost-of-living adjustments by state statute. As ofJune 30, 1994, cost-ofliving adjustments have been included in the pension benefit obligation.

- 21 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT "F"

NOTES: RETIREMENTPLANS

EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA

Funding Status and Progress Pension Benefit Obligation
The total unfunded pension benefit obligation ofERS as ofJune 30, 1994, was $310,149,000, as follows:

Pension Benefit Obligation:

Retirees and Beneficiaries Currently Receiving Benefits and Tenninated Employees Entitled to Benefits but Not Yet Receiving Benefits

$ 2,227,653,000

Current Employees

Accumulated Contributions

648,516,000

Employer-Financed Vested

1,085,190,000

Employer-Financed Nonvested

I 206 805 000

Total Pension Benefit Obligation

$5,168,164,000

Net Assets Available for Benefits

4 858 015 000

Unfunded Pension Benefit Obligation

$ 310 ]49 000

The measurement ofthe total pension benefit obligation is based on an actuarial valuation as of June 30, 1994. Net assets available for benefits were valued as of the same date. ERS does not make separate measurements of assets and pension benefit obligation for individual employers.

Funding Policy The ERS funding policy provides for periodic employer contributions at actuarially determined rates that, expressed as percentages ofannual payroll, are sufficient to accumulate sufficient assets to pay benefits when due. Level percentage of payroll employer contribution rates are determined using the entry age funding method. ERS also uses the level percentage of payroll method to amortize the unfunded liability within approximately 20 years following the valuation date.

Total contributions from all employers to ERS for the year ended June 30, 1995, were $256,624,679.00. The Department's contribution was actuarially determined and represented 9.20% of total contributions made by all participating employers.

-22-

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT"F"

NOTES: RETIREMENTPLANS
EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA
Funding Status and Progress Funding Policy
Significant actuarial assumptions used to compute contributions are the same as those used to compute the standardized measure of pension obligation.
Trend Information Historical trend information is presented in the financial report ofERS for the year ended June 30, 1995. This information gives an indication of the progress made in accumulating sufficient assets to pay benefits when due.
GEORGIA DEFINED CONTRIBUTION PLAN
Plan Description The Department ofTransportation participates in the Georgia Defined Contribution Plan ("GDCP") which is a single-employer defined contribution plan established by the Georgia General Assembly in July 1993 for the purpose ofproviding retirement coverage for State employees who are temporary, seasonal, and part-time and are not members of a public retirement or pension system. GDCP is administered by the Employees' Retirement System Board of Trustees. The Department's payroll for the year ended June 30, 1995, for employees covered by GDCP was $2,000,928.85. The Department's total payroll for all employees was $158,678,396.77.
Benefits A member may retire and elect to receive periodic payments after attainment of age 65. The payment wiJI be based upon mortality tables and interest assumptions to be adopted by the Board. If a member has Jess than $ 3,500 credit to his/her account, the Board has the option of requiring a Jump sum distribution to the member in lieu of making periodic payments. Upon the death of a member, a lump sum distribution equaling the amount credited to his/her account will be paid to the member's designated beneficiary.
Contributions and Vesting Member contributions are seven and one-half percent (7.5%) of gross salary. There are no employer contributions. Earnings are credited to each member's account in a manner established by the Board. Upon tennination ofemployment, the amount of the member's account is refundable upon request by the member.
Total contributions made by employees during fiscal year 1995 amounted to $150,071.16 which represents 7.50% of covered payroll. These contributions met the requirements of the plan.

-23 -

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE 30 1995

EXHIBIT "F"

NOTE 9: LEAVE POLICIES
Employees earn ten hours of sick leave each month with a maximum accumulation ofninety days. Unused accumulated sick leave does not vest with the employee and is forfeited upon retirement or termination of employment.
Employees earn annual leave ranging from ten to fourteen hours each month depending upon the employees' length of continuous State service with a maximum accumulation of forty five days. Employees are paid for unused accumulated annual leave upon retirement or tennination of employment. See Note 1 - Compensated Absences.
Certain employees who retire with one hundred and twenty days or more offorfeited annual and sick leave are entitled to additional service credit in the Employees' Retirement System of Georgia.
NOTE 10: CONTRACTORS' RETAINAGE ESCROW DEPOSITS
The Department of Transportation, in accordance with the Official Code of Georgia Annotated Section (O.C.G.A) 32-2-76, has provided for the maintenance of escrow accounts in an amount at least equal to the amount ofthe retainage authorized in contracts for the purpose of constructing, improving or maintaining any road, highway or bridge. These accounts have been established in lieu ofthe retained amounts provided for in O.C.G.A Section 32-2-75. These accounts are maintained in the name ofthe contractor and are in the form ofcertificates ofdeposits with the bank designated by the contractor, subject to the Department's approval. As interest on the certificates ofdeposits held in escrow becomes due, it is collected by the escrow agent and paid to the contractor. After certification by the State Highway Engineer that the work has been satisfactorily completed and is accepted in accordance with the contract plans and specifications, the funds are withdrawn from the escrow account by the Department, based on written approval ofthe Department's Treasurer, and paid to the contractor. In the event of a failure of the escrow agent to perform under the escrow agreement, the Department ofTransportation or the State of Georgia shall not be liable to the contractor in accordance with O.C.G.A. Section 32-2-77.
Due to the historically low probability ofa contractor default and subsequent collection of deposited funds by the Department of Transportation, all activity regarding the contractors' retainage deposits is reflected on Exhibit "G", "Combined Statement of Changes in Assets and Liabilities - Fiduciary Fund Type - Agency Funds".
NOTE 11: RELATED PARTIES
The Georgia Department ofTransportation, the Georgia Highway Authority and the State Tollway Authority are considered to be related parties due to certain common management personnel. The Commissioner of the Department of Transportation serves as one ofthree members of both Authorities and the Treasurer ofthe Department of Transportation also serves as the Secretary-Treasurer ofboth Authorities.

-24-

DEPARTMENT OF TRANSPORTATION NOTES TO THE FINANCIAL STATEMENTS
JUNE30 1995

EXHIBIT "F"

NOTE 12: CONTINGENCIES
Amounts received or receivable from grantor agencies are subject to audit and adjustment by grantor agencies. This could result in refunds to the grantor agency for any expenditures which are disallowed under grant terms. The amount of expenditures which may be disallowed by the grantor cannot be determined at this time although the Department expects such amounts, if any, to be immaterial to its overall financial position.
Litigation, claims and assessments filed against the Department of Transportation, if any, are generally considered to be actions against the State ofGeorgia. Pursuant to the Official Code of Georgia Annotated, the Department of Administrative Services maintains a program of purchased insurance and self-insurance which provides coverage for such litigation, claims and assessments. Accordingly, significant litigation, claims and assessments pending against the State of Georgia are disclosed in the State of Georgia Comprehensive Annual Financial Report for the fiscal year ended June 30, 1995.
NOTE 13: BONDING INFORMATION
Mr. Wayne Shackelford, Commissioner, is bonded in the amount of$100,000.00 with the Fidelity and Deposit Company ofMaryland, their Bond No. 30440159, on which premium has been paid to October 31, 1995.
The Commissioner and all employees of the Department of Transportation are bonded under a Public Employees Blanket Bond written by Employers Insurance ofWausau, their Bond No. 1450-00-110723, on which the premium was paid to October 1, 1995. Under-this agreement the Public Employee Dishonesty Coverage insures the Department to a maximum of$1,000,000.00 against loss sustained through fraudulent or dishonest acts by its employees. The Faithful Performance ofDuty Coverage insures the Department to a maximum of $1,000,000.00 against loss sustained from failure ofits employees to perform faithfully their duties or to account properly for all monies and property received by virtue of their position or employment.
All employees ofthe Department ofTransportation are also bonded under Commercial Crime Policies written by the United States Fire Insurance Company, their Policy Nos. 626 012292 6 and 626 012294 4, on which premiums were paid to October 1, 1995. Under these additional public employee dishonesty coverages, the policies insure the Department to a maximum of$9,000,000.00 against loss sustained through fraudulent or dishonest acts by its employees.

- 25 -

SUPPLEMENTARY INFORMATION -27 -

DEPARTMENT OF TRANSPORTATION COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
FIDUCIARY FUND TYPE -AGENCY FUNDS YEAR ENDED JUNE 30 1995

EXHIBIT"G"

FUND
Department af Transpor1ation Liabiflly Trust Fund
Escrow Agreements - Contractors' Retainage

ASSETS/ LIABILITIES JULY 1, 1994

ADDITIONS

DELETIONS

ASSETS/ LIABILITIES JUNE 30, 1995

$ 8,245,011.37 $

452,781.51

$

8,697,792.88

37,300,621.04

13,715,600.65 $ 9,840,459.57

41,175,762.12

$ 45 545 632.41 $ 14168382.16 $ 9 840 459.57 $ 49 873 555.00

See notes 1D the financial s1atements.

-28-

R.JNDS AYAH ARI E
~ S-Apprcpna!K>O Federal Revenues other Rewn"ues Retained
CARRY-OVfR FROM pRIQR YEAR Transfer from ReseNed Fund Balance

Qf;PAB:[Mf;NT PE lRANSPORTATIQN SCHEPUI f; Of AEfflOYFQ BtJQGE;T
YEAR FNDfP JUNE 30 1995

SCHEDULE"1"

ORIGINAL APPROPRIATION

AMENDED APPROPRIATION

GOVERNOR'S EMERGENCY FUND

BUDGET ADJUSTMENTS

TOTAL

450,915,497.00 $ 538,576,450.00
18 090 836.00
S 1,007,582,783.00 $

4,000,000.00 $ 4,000,000.00 $

20,000.00 $
20,000.00 $

$ 6,610,840.07 371 721 200.78

454,935,497.00 545,187,290.07 389 812036.78

378,332,040.85 $ 1,389,934,823.85

0.00

0.00

0.00 1 456 259 886.98 1 456 259 886.98

$ 1 007 582 783.00 $

4000000.00 s _ _ _...20=000=.o.o. s 1834591921.s3 s 2846194110.83

EXPENm JRf
Pen!onalSeNices Regular Operating Expenses TnM!I Motor Vehde Purchases Equipment Computer Charges Real Estate Rentals Telecommunications Per Diem, Fees and Contracts C8prta10Utlay Capital Outlay- Airport Approach Aid
and Operational lmproYements C8pilal OUtlay A;rport c,e,.ic,pment Mess Transit Grants Harbor Maintenance/Intra-Coastal Waterways
Maintenance and Operations Spoilage Area Acquisition, Clearing,
Preparation and Dike Reconstruction

244,633,944.00 55,888,851.00
1,494,910.00 1,522,000.00 5,757,602.00 6,077,860.00 1,334,773.00 2,503,900.00 47,534,677.00 628,498,885.00 $
1,024,100.00 1,167,500.00 9,463,781.00
680,000.00

4,000,000.00

50.00 $ 800.00
19,350.00

$
20,666,555.12 470,500.00
3,795,553.43 11,085,370.27
1,838,853.26 6,000.00
85,655.33 49,803,521.59 1,733,176,987.95

244,633,944.00 76,555,456.12
1,966,010.00 5,317,553.43 16,842,972.27 7,916,713.26 1,340,773.00 2,589,555.33 97,357,548.59 2,365,675,872.95

1,200.00 5,609,955.77

1,024,100.00 1,168,700.00 15,073,736.77

680,000.00

8051775.11

8051775.11

$ 1007582 783.00 $

4000000.00 s _ _ _..2. 0=000=.ooa..s 1 834591927.83 s 2846194110.83

See notes to the financial statements.

-29-

DEPARTMENT OF TRANSPORTATION CASH AND CASH EQUIVALENTS JUNE 30 1995

SCHEDULE "2"

NONINTEREST BEARING ACCOUNTS
Bank South, N.A, Atlanta, Georgia
Citizens Trust Bank, Atlanta, Georgia
NationsBank of Georgia, N.A, Atlanta, Georgia
Southtrust Bank of Georgia, N.A, Atlanta, Georgia
Trust Company Bank, Atlanta, Georgia
Wachovia Bank of Georgia, Atlanta, Georgia
INTEREST BEARING ACCOUNTS
Citizens Trust Bank, Atlanta, Georgia
Certificate of Deposit No. 12040830 Purchase Date: June 5, 1995 Maturity Date: July 5, 1995
Southtrust Bank of Georgia, N.A., Atlanta, Georgia
Certificate of Deposit No. 9993695 Purchase Date: June 23, 1995 Maturity Date: July 25, 1995
Contractors' Retainage Escrow Deposits (List on File)
Funds on Deposit with Office of Treasury and Fiscal Services State Investment Pool

$ -48,563,619.54 -7,359,537.85 3,844,319.28 -428,329.57 -3,882,379.53 1,190,902.88 $ -55,198,644.33

$

955,880.02

378,349.55 39,003,502.01

37,490,021.33

77,827,752.91

$ 22,629,108.58

See notes to the financial statements.

-30-

DEPARTMENT OF TRANSPORTATION SCHEDULE OF GOVERNOR'S EMERGENCY FUND
YEAR ENDED JUNE 30 1995

SCHEDULE "3"

Help with Expenses in Connection with Promotion of Rail Passenger Service

$ _ _2_0....o_o_o._00_

See notes to the financial statements.

- 31 -

DEPARTMENT OF TRANSPORTATION SCHEDULE OF FEDERAL REVENUES
YEAR ENDED JUNE 30 1995

PROGRAM
Transportation, U. S. Department of Airport Improvement Program Direct
Highway Planning and Construction Direct
Railroad Safety Direct
Federal Transit Capital Improvement Grants Direct
Federal Transit Technical Studies Grants Direct
Federal Transit Capital and Operating Assistance Formula Grants Direct
Public Transportation for Nonurbanized Areas Direct

CFDA NUMBER
20.106 20.205 20.301 20.500 20.505
20.507 20.509

SCHEDULE "4"

AMOUNT

$

402,000.00

605,022,285.46

-3,351.19

495,088.61

768,097.57

4,492,014.42 2,951,089.28

$ 614,127,224.15

See notes to the financial statements.

-32-

DEPARTMENT OF TRANSPORTATION SCHEDULE OF OTHER REVENUES RETAINED
YEAR ENDED JUNE 30 1995

SCHEDULE "5"

Aircraft Inspection Fees
Aircraft Rental
Cash Participation on Projects Construction - Local Governments Georgia State Financing and Investment Commission Interdepartmental (D.O.T.) Contract Earnings Maintenance - Local Governments
Commission from Pay Telephones
Damage Recoveries
Fines and Forfeitures From Counties - State's Portion of Fines
Garage Services to State Agencies
Insurance Recoveries
Overweight Assessment Citations
Rental Income
Sales Billboard Permits and Advertising Logos Maps, Manuals and Other Documents Materials Removal Overweight/Oversized Load Truck Permits Right-of-Way Permits Striping County Roads Surplus Property Utility Permits Vending Machine Concessions - Rest Areas
Signal Installation
Testing Services
Utility Refunds
Witness Fees

See notes to the financial statements.

-33-

$

15,050.00

466,344.00

$ 32,516,996.93 318,900,000.00 485,846.74 3,153,533.65

355,056,377.32 84,294.80
379,574.83

2,179.02 13,395.94 190,853.17 6,399,286.67 13,940.36

$

816,332.99

95,748.12

17,016.70

7,640,261.00

5,702,888.17

256,629.00

1,590,285.05

71,565.00

159,587.04

16,350,313.07 302.97
3,762.40 10,103.48
3,260.50

$ 378,989,038.53

DEPARTMENT OF TRANSPORTATION SCHEDULE OF OTHER OPERATING EXPENSES
YEAR ENDED JUNE 30 1995

SCHEDULE "6"

REGULAR OPERATING EXPENSES
Aerial Surveys Appraisals Commercial Drivers Licenses Court Reporter Services, Transcripts and Other Court Costs Film Processing Freight, Express and Storage Landfill Expense Legal Advertising Linen Service Medical Screening of Employees Notary Fees Registration and Training Fees .Relocation of Employees Subscriptions and Dues Tests and Analyses Toll Expense Tree and Sign Removal

$ 27,611.65 105,100:35 8,663.34 20,010.61 4,189.30 163,972.02 81,061.32 139,633.09 291.12 1,449.00 422.26 192,563.53 9,963.67 142,888.56 48,629.33 4,074.50 1,800.00

$ 952,323.65

COMPUTER CHARGES Registration and Training Fees

$ 97,198.33

See notes to the financial statements.

- 34-

DEPARTMENT OF TRANSPORTATION RECONCILIATION OF SALARIES AND TRAVEL
YEAR ENDED JUNE 30 1995

SCHEDULE "7''

Totals per Annual Supplement
Accruals June 30, 1994 June 30, 1995

SALARIES

TRAVEL

$ 158,503,785.95 $ 1,783,517.32

-6,459,232.38 6,633,843.20

-10,789.94 777.15

Totals per Report

$ 158,678,396.77 $ 1,773,504.53

See notes to the financial statements.

- 35-

SECTION II FINDINGS AND IMPROPER OR QUESTIONED COSTS

DEPARTMENT OF TRANSPORTATION SCHEDULE OF FINDINGS AND IMPROPER OR QUESTIONED COSTS
YEAR ENDED JUNE 30 1995

STATUS OF PRIOR YEAR FINDINGS AND IMPROPER OR QUESTIONED COSTS

The status of findings disclosed in the audit report for the year ended June 30, 1994, is summarized below:

Audit Control Number

Status ofFinding

484-94-01 484-94-02

Corrective Action Implemented See Audit Control Number 484-95-01

PRIOR YEAR\CURRENT YEAR

CASH MANAGEMENT Failure to Adhere to Terms ofthe Cash Management Improvement Act Agreement Federal Financial Assistance Highway Planning and Construction (CFDA 20.205) Major Program Audit Control Number 484-95-01

The audit report for the year ended June 30, 1994, noted that the Department of Transportation did not adhere to terms ofthe Cash Management Improvement Act Agreement between the State of Georgia and the U. S. Department of Treasury. During the year under review, the Department received Federal funds prior to the dollar-weighted average number of days required for funds to be paid out after a disbursement which is a violation of 31 CFR 205 .7(cX3). The Department ofTransportation incorrectly included the day checks were issued to contractors as part ofthe dollar-weighted average number of days.

The Department of Transportation should implement internal control procedures to ensure compliance with terms of the Cash Management Improvement Act Agreement as required in 31 CFR 205.7(c)(3).

APPENDIX CONSTRUCTION ALLOTMENTS

COUNTY
Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow BenHil Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden candler Carroll Catoosa Chartton Chatham Chatta~ Chattooga Cherokee Clarks Clay Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp Dade Dawson Decatur DeKalb Dodge Dooly Dougherty Douglas Early Echols Effingham Elbart Emanuel Evans Fannin Fay-

DEPARTMENT OF TRANSPORTATION SCt;!EDULE OF CONSTRUCTION ALLOTMENTS FROM BEGINNING OF DEPARTMENT OF TRANSPORTATION
TO JUNE 30 1995 /UNAUDITED)

STATE FUNDS

FEDERAL FUNDS

OTHER FUNDS

$

40,723,604.28 $

29,665,603.30

27,835,213.11

9,668,350.56

40,488,483.43

45,143,884.72

39,849,093.22

96,781,052.36

16,357,978.48

24,596, 116.92

112,863,075.42

17,272,073.90

31,887,711.24

34,771,411.99

34,421,145.02

62,545,165.30

45,094,815.65

17,356,102.74

13,736,631.13

32,087,611.65

29,681,681.88

97,224,002.69

31,233,544.35

22,522,395.41

190,685,102.27

14,115,524.34

29,551,871.03

65,646,278.70

59,457,055.45

7,182,817.38

128,524, 166.87

14,563,220.15

213,850,109.74

44,373,512.11

47,384,760.18

39,679,483.85

13,779,962.10

48,729,445.25

20,501,856.24

36,353,500.09

21,758,323.45

19,246,856.20

69,627,254.13

260,757,552.87

43,929,379.46

26,799,513.57

62,929,540.86

51,574,851.53

31,577,460.68

6,462,721.57

52,412,787.90

46,707,583.16

33,488,788.75

15,917,912.90

29,630,818.84

55,138,419.64

11,587,021.48$ 5,689,703.08 5,717,130.52 3,715,983.59
18,676,204.04 19,550,201.08 39,213,603.42 102,010,269.24
6,563,026.27 13,471,639.50 152,456,002.24 12,167,677.22 13,605,893.07 13,237,943.12 85,769,938.04 49,608,090.92 12,640,949.49 20,510, 141.65 7,605,192.34 77,426,089.62 13,875,194.31 85,966,639.60 70,499,406.98 9,798, 173.32 395,644,118.28 8,217,054.88 16,121,330.35 151,898,720.18 43,062,048.28 2,809,562.50 280,936,083.17 10,703,615.78 384,354,248.70 19,064,843.12 27,802,119.30 43,957,117.88 22,499,949.65 56,836,496.03 14,336,557.69 36,557,939.04 42,748,073.49 12,312,595.82 27,450,767.07 593,450,656.63 11,175,036.93 46,306,147.18 54,810,297.27 75,132,051.30 10,987,821.49 5,080,174.48 17,014,664.60 10,562,334.23 30,794,495.89 9,154,618.37 40,712,101.20 32,841,914.60

1,923,455.47 $ 135,824.57 743,080.91 128,982.51
1,214,512.83 334,856.16 480,579.11
1,063,900.05 222,904.58 201,930.38
4,283,880.88 482,748.58 465,143.71 752,790.56 849,757.97
1,136,970.60 945,702.77 236,813.59 306,669.18
3,547,881.62 275,780.78
1,505,378.20 1,303,459.87 1,055,314.97 74,966,489.86
201,877.50 616,016.60 6,151,851.94 1,548,584.25 1,284,386.97 17,060,476.64 267,780.34 39,968,904.07 1,047,582.49 1,064,229.56 865,329.69 351,366.04 1,147,792.06 874,096.78 1,085,144.44 369,383.92 326,900.49 978,059.89 19,918,398.15 383,938.79 336,832.39 7,857,795.07 1,807,260.09 919,005.90
1,509.53 1,241,422.63 1,563,984.78
975,360.08 2,152,968.92
535,492.43 949,045.12

TOTAL FUNDS
54,234,081.23 35,491, 130.95 34,295,424.54 13,513,316.66 60,379,200.30 65,028,941.96 79,543,275.75 199,855,221.65 23, 143,909.33 38,269,686.80 ~.602,958.54 29,922,499.70 45,958,748.02 48,762,145.67 121,040,841.03 113,290,226.82 58,681,467.91 38,103,057.98 21,648,492.65 113,061,582.89 43,832,656.97 184,696,220.49 103,036,411.20 33,375,863.70 661,295,710.41 22,534,456.72 46,289,217.98 223,696,850.82 104,067,687.98 11,276,766.85 426,520,726.68 25,534,616.27 638, 173,262.51 64,485,937.72 76,251,108.04 84,501,931.42 36,631,277.79 106,713,733.34 35,712,510.71 73,996,583.57 64,875,780.86 31,886,352.51 98,056,081.09 874,126,607.65 55,488,355.18 73,442,493.14 125,597,633.20 128,514,162.92 43,484,288.07 11,544,405.58 70,668,875.13 58,833,902.17 65,258,644.72 27,225,500.19 70,878,212.27 88,929,379.36

COUNTY
Floyd Forsyth Franklin Fultan Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis Jefferson Jenkins Johnson Jones
Lamar Lanier
Laurens Lee Liberty Lincoln Long Lowndes Lumpkin
Macon Madison Marion
McDuffie Mclntcsh
Meriwether
Miller Mitchell
Monroe Montgomery
Morgan Murray
Muscogee Newlon
Oconee Oglethorpe Paulding Peach Pickens Pierce

DEPARTMENT OF TRANSPORTATION SCt:fEDULE OF CONSTRUCTION ALLOTMENTS FROM BEGINNING OF DEPARTMENT OF TRANSPORTATION
TO JUNE 30 1995 (UNAUDITED)

STATE FUNDS

FEDERAL FUNDS

OTHER FUNDS

$

85,696,331.79 $

78,876,542.43 $

6,496,197.08 $

50,936,103.87

60,083,959.19

TT1,444.73

38,231,105.79

47,970,404.92

1,115,403.n

851,353,274.23

1,688,953,784.66

187,090,418.58

68,663,112.59

23,269,341.59

429,409.69

9,268,090.31

3,018,351.03

25,010.49

157,443,096.59

123,860,449.26

19,738,857.53

62,432,938.13

50,596,503.26

629,390.76

37,992,088.35

21,017,043.70

1,057,860.19

17,754,445.32

23,729,362.20

458,593.07

254,190,471.01

323,657,823.17

4,347,133.66

58,470,071.81

43,785,335.60

1,312,053.74

118,764,899.73

93,882,707.62

6,023,229.09

14,616,381.86

7,186,079.39

550,010.98

47,893,039.24

34,595,283.34

585,751.48

47,421,138.51

25,026,232.02

2,107,526.29

26,872,465.90

18,857,474.19

2,368, 706. 75

17,942,484.25

8,326,536.28

724,TT4.34

39,193,542.64

63,572,236.18

641,859.01

78,626,893.99

61,572,251.05

1,378,305.50

8,772,301.27

8,992,267.82

6,523,088.62

48,740,333.96

29,411,754.82

811,394.33

17,202,538.04

5,805,234.05

393,807.13

21,056,530.73

9,936,836.44

393,159.22

32,672,917.48

12,765,841.24

836,475.01

18,532,862.92

8,189,400.31

288,048.67

12,922,085.40

7,959,1TT.16

198,003.84

25,997,581.05

6,267,365.36

116,882.62

13,369,257.62

6,553,142.09

171,001.20

7,917,283.15

7,491,613.63

67,056.57

48,295,4TT.95

53,368,664.18

1,090,808.78

16,454,320.19

13,745,844.45

218,627.64

30,695,115.94

46,858,197.70

3,169,680.65

14,629,643.59

6,874,988.21

102,538.12

19,403,558.92

11,TT5,739.64

156,827.19

80,003,195.74

101,919,641.17

3,529,575.33

26,017,370.37

13,973,456.72

498,558.75

21,862,104.46

12,279,334.67

5,842,644.18

25,142,507.64

9,650,531.78

440,194.90

12,085,260.80

7,566,897.96

126,584.00

25,042,904.16

22,411,666.48

255,529.35

19,135,207.01

38, 145,540.60

TT9,3TT.48

32,415,494.87

21,600,564.98

987,098.67

22,169,614.33

5,922,623.67

421,956.42

29,457,129.02

18,306,263.97

743,311.12

36,437,425.94

95,498,350.38

737,986.44

12,098,521.71

4,892,969.36

376,907.92

31,010,161.70

33,015,278.40

879,226.38

49,342, 124.54

23,467,445.09

1,348,234.98

114,092,378.30

141,395,080.37

8,084,009.25

38,486,192.89

39,740,397.59

1,343,147.05

44,822,489.68

29, 126,179.98

732,736.71

14,799,334.84

4,446,316.12

109,199.92

44,323,595.45

46,510,437.91

475,656.74

31,292,817.22

36,006,147.74

350,648.97

41,985,883.04

26,697,764.53

594,667.94

19,738,439.61

13,820,968.79

725,451.02

TOTAL FUNDS
171,069,071.30 111,791,507.79 87,916,914.48 2,527,397,4TT.47 92,361,863.87
12,311,451.83 301,042,403.38 113,658,832.15
60,066,992.24 41,942,400.59 582,195,427.84 103,567,461.15 218,670,836.44 22,352,472.23 83,074,074.06 74,554,896.82 48,098,646.84 26,993,TT4.87 103,407,637.83 141,STT,450.54 24,287,655.71 78,963,483.11 23,401,579.22 31,386,526.39 46,275,233.73 27,010,311.90 21,079,266.40 32,381,829.03 20,093,400.91 15,475,953.35 102,754,950.91 30,418,792.28 80,722,994.29 21,607,169.92 31,336,125.75 185,452,412.24 40,489,385.84 39,984,083.31 35,233,234.32 19,TTB,742.76 47,710,099.99 58,060,125.09 55,003,158.52 28,514,194.42 48,506,704.11 132,673,762.76 17,368,398.99 64,904,666.48 74,157,804.61 263,571,467.92 79,569,737.53 74,681,406.37 19,354,850.88 91,309,690.10 67,649,613.93 69,278,315.51 34,284,859.42

DEPARTMENT OF TRANSPORTATION SCHEDULE OF CONSTRUCTION t)LLOTMENTS FROM BEGINNING OF DEPARTMENT OF TRANSPORTATION
TO JUNE 30 1995 IUNAUDITED}

.QQ!,!!fil'.
Pike Palk Pulaski Putnam Quitman Rabun Randolph Richmond Rockdale Schley Sa8ven Seminole Spalcf,ng Statewide
Stephen$' SIB'Hart Sumter Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Trft Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Waltan Ware Warren Washington
w - Wayne
Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth

STATE FUNDS

FEDERAL FUNDS

OTHER FUNDS

$

28,423,438.73 $

58,520,841.54

16,939,218.06

26,472,497.19

5,655,295.27

33,124,360.47

21,497,911.00

151,923,015.98

41,432,800.45

6,987,809.07

29,077,794.92

18,835,489.97

29,682,341.82

28,441,227.60

25,988,102.89

17,801,312.76

34,325,901.43

16,835,235.16

7,566,480.19

29,300,843.89

22,983,869.70

31,864,188.07

26,626,061.90

92,619,955.63

44,857,767.67

25,436,747.90

25,274,482.85

15,642,836.37

94,658,539.64

18,762,036.89

19,941,110.10

42,496,657.98

49,476,873.60

55,895,338.63

38,006,157.45

61,357,254.02

12,859,001.98

43,941,448.96

38,835,778.46

12,821,391.42

12,146,938.04

23,921,788.37

54,429,786.31

14,902,080.34

32,223,845.53

26,076,719.06

31,934,713.07

5,230,718.15 $ 36,567,675.15
5,769,007.52 11,173,518.96
4,795,629.05 16,912,949.11
7,475,374.75 166,298,085.50 82,078,555.49
2,587,875.44 13,850,402.24 7,853,061.45 31,384,319.17 27,779,756.38 18,853,092.03 19,415,966.00 23,699,075.52 7,039,700.93 9,348,881.15 20,757,513.73 7,309,512.76 9,157,554.54 15,028,949.24 34,667,792.14 73,841,250.74 17,817,719.63 2,644,396.06 24,884,474.43 61,533, 176.33 24,686,929.50 26,578,730.55 21,706,046.83 16,546,963.79 34,771,320.47 20,984,634.13 29,605,987.81 12,692,316.33 20,251,568.40 25,256,692.03 5,824,429.52 6,062,893.77 11,855,233.07 91,231,913.68 9,425,891.09 8,713,786.03 5,337, 153.93 17,630,767.40

79,286.30$ 913,237.49 365,427.25 5,182,522.91 1,015,859.64 1,206,534.22 523,417.89 18,276,393.73 934,458.65 214,850.83 616,252.66 257,852.17 780,634.05 200,490.77 721,473.82 266,272.97 632,327.79 116,549.59 152,101.10 666,744.48 557,303.66 258,382.55 806,192.90 4,604,212.52 407,137.50 754,623.55 294,011.79 423,948.24 13,156,769.74 393,648.50 91,414.01 755,915.93 286,146.42 4,569,707.50 544,623.85 1,424,012.48 134,534.07 1,071,568.50 1,129,622.64 266,213.90 309,562.05 2,832,770.23 1,444,566.04 111,410.13 485,079.69 154,611.88 478,290.35

TOTAL FUNDS
33,733,443.18 96,001,754.18 23,073,652.83 42,828,539.06 11,466,783.96 51,243,843.80 29,496,703.64 336,497,495.21 124,445,814.59
9,790,535.34 43,544,449.82 26,946,423.59 62,027,495.04 56,421,474.75 45,562,666.74 37,483,551.73 58,657,304.74 23,991,485.68 17,067,462.44 50,727,102.10 30,850,686.12 41,280,125.16 42,461,204.04 131,891,960.29 119,106,155.91 44,009,091.06 28,212,890.72 40,951,259.04 169,348,484.71 43,842,614.89 46,611,254.66 64,960,620.74 66,309,983.81 95,236,366.60 59,535,415.43 92,387,254.31 25,685,852.38 65,264,585.86 65,222,093.13 18,912,034.84 18,519,393.86 38,609,791.67 147,106,286.03 24,439,381.56 41,422,711.25 31,568,484.89 50,043,770.82

$ 7 347 354 184.60 $

Note:

In addition to codification of expenditures on the State object code basis, the Department of Transpc,1alion also
maintains records of construction and maintenance on a project allotment basis. This schedule has been prepared from information furnished by 1he Department of Transportation on the basis of project allotments.

8 325,846 757.90 $ 565 660,813.03 $ 161238 861 755.53