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STATE OF GEORGIA 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
 
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MANAGEMENT REPORT LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY 
A COMPONENT UNIT OF THE STATE OF GEORGIA 
YEAR ENDED JUNE 30, 2000 
Russell W. Hinton State Auditor 
 
 LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY MANAGEMENT REPORT. -TABLE OF CONTENTS- 
 
LETTER OF TRANSMITTAL 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGET FUND 
 
1 
 
B SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
 
COMPARED TO BUDGET 
 
BUDGET FUND 
 
2 
 
C SCHEDULE OF OTHER REVENUES RETAINED 
 
3 
 
 w. RUSSELL 
 
HINTON 
 
STATE AUDITOR 
 
(404) 656-2174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street. S.W., Suite 214 Atlanta, Georgia 30334-8400 
January 22, 2001 
 
Honorable Roy E. Barnes, Governor Members of the General Assembly of Georgia Members of the Lake Lanier Islands Development Authority 
and Honorable Frank Lee Smith, Executive Director 
Ladies and Gentlemen: 
As part of our audit ofthe general purpose financial statements ofthe State ofGeorgia presented in the State ofGeorgia Comprehensive Annual Financial Report and the issuance ofa Statewide Single Audit Report pursuant to the Single Audit Act Amendments, as of and for the year ended June 30, 2000, we have performed certain audit procedures at the Lake Lanier Islands Development Authority. Accordingly, the financial statements and compliance activities of the Lake Lanier Islands 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 Lake Lanier Islands Development Authority as of and for the year ended June 30, 2000. The particular information provided is enumerated in the Table of Contents. 
This report is intended solely for the information and use ofmanagement ofthe Lake Lanier Islands Development Authority and members of the Authority and is not intended to be and should not be used by anyone other than these specified parties. 
Respectfully submitted, 
<8 LO . ..::i;. 
 
RWH:jb 
 
State Auditor 
 
 SELECTED FINANCIAL INFORMATION 
 
 LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY ANALYSIS OF CHANGES IN FUND BALANCE BUDGET FUND YEAR ENDED JUNE 30, 2000 
 
EXHIBIT"A" 
 
FUND BALANCE - JULY 1. 1999 Unreserved 
ADDITIONS Excess of Funds Available over Expenditures Exhibit "B" 
DEDUCTIONS None recorded 
FUND BALANCE - JUNE 30. 2000 
SUMMARY OF FUND BALANCE Unreserved 
Designated Capital Projects - Boat Safety Capital Projects - Bridge 
Undesignated 
 
$ 5,280,189.86 
$ 583,834.15 $ _ _ _ _o..;;_;..;;;_oo.c... $ 5,864,024.01 
$ 106,468.00 1,956,819.60 
$ 2,063,287.60 3,800,736.41 
$ 5,864,024.01 
 
-1- 
 
 LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
YEAR ENDED JUNE 30, 2000 
 
EXHIBIT "B" 
 
FUNDS AVAILABLE 
REVENUES 
Other Revenues Retained 
EXPENDITURES 
Personal Services Regular Operating Expenses Travel Equipment Computer Charges Real Estate Rentals Telecommunications Per Diem, Fees and Contracts Capital Outlay Loan Repayment: 20-Year Loan 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 3,615,977.00 $ 4,234,173.60 $ - - - - -61-8=,19-6.-60- 
 
$ 188,131.00 $ 635,389.00 100.00 0.00 1,000.00 16,508.00 5,000.00 105,918.00 0.00 
2,663,931.00 
 
183,128.06 $ 683,122.09 
8.00 1,144.00 
129.95 16,710.72 4,199.91 
6,747.72 91,218.00 2,663,931.00 
 
5,002.94 -47,733.09 
92.00 -1,144.00 
870.05 -202.72 800.09 99,170.28 -91,218.00 
0.00 
 
- - - - - - $ 3,615,977.00 $ 3,650,339.45 $ 
 
-34,362.45 
 
Excess of Funds Available over Expenditures 
 
$ 
 
583,834.15 $ ====5=83=,8=34=.1=5 
 
-2- 
 
 LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY SCHEDULE OF OTHER REVENUES RETAINED YEAR ENDED JUNE 30, 2000 
 
EXHIBIT"C" 
 
Hotel Occupancy Tax Interest Earned Rents 
KSL Lake Lanier, Incorporated Other 
Commissions Liquor License 
 
$ 
 
663,741.53 
 
278,892.05 
 
3,238,010.82 
 
$ 
 
17,529.20 
 
36,000.00 
 
53,529.20 
 
$ 4,234, 173.60 
 
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