- Collection:
- Georgia Government Publications
- Serial:
- Review report, Georgia Music Hall of Fame Authority, a component unit of the state of Georgia year ended ...
- Title:
- Management report, Georgia Music Hall of Fame Authority, a component unit of the state of Georgia, year ended June 30, 1999
- Creator:
- Georgia. Dept. of Audits and Accounts
- Contributor to Resource:
- Georgia. Department of Audits and Accounts.
Georgia Music Hall of Fame Authority.
Georgia. Department of Audits. - Publisher:
- Atlanta, Ga. : Dept. of Audits and Accounts
- Date of Original:
- 1998/1999
- Subject:
- Financial statements--Georgia
Auditors' reports--Georgia - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Title fluctuates: Audits conducted "in accordance with generally accepted auditing standards" are issued as: Audit report; reviews that are "substantially less in scope than an audit in accordance with generally accepted auditing standards" are issued as: Review or Management report.
Report year covers fiscal year.
Issues for <1995>-1996 issued by the State of Georgia, Dept. of Audits, 1997- by the Dept. of Audits and Accounts.
June 30, 1995; title from cover.
Year ended June 30, 2004. - External Identifiers:
- Call Number GA A800 .R1 M88 1998-99
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-ba800-b-pr1-bm88-b1998-h99
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-ba800-b-pr1-bm88-b1998-h99
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
MANAGEMENT REPORT GEORGIA MUSIC HALL OF FAME AUTIIORITY A COMPONENT UNIT OF THE STATE OF GEORGIA
YEAR ENDED JUNE 30, 1999
STATE OF GEORGIA DEPARTMENT OF AUDITS AND ACCOUNTS
254 WASHINGTON STREET
ATLANTA, GEORGIA 30334-8400
GEORGIA MUSIC HALL OF FAME AUTHORITY MANAGEMENT REPORT -TABLE OF CONTENTS -
LEITER OF TRANSMITIAL
SELECTED FINANCIAL INFORMATION
EXHIBITS
A ANALYSIS OF CHANGES IN FUND BALANCE
BUDGETFUND
1
B SCHEDULEOFFUNDSAVAILABLEANDEXPENDITURES
COMPARED TO BUDGET
BUDGETFUND
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 19, 2000
Honorable Roy E. Barnes, Governor Members ofthe General Assembly of Georgia Members of the Board ofDirectors ofthe Georgia Music Hall ofFame Authority
and Honorable Jim Higdon, Executive Director
Ladies and Gentlemen:
As part of our audit ofthe general purpose :financial statements ofthe 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, 1999, we have performed certain audit procedures at the Georgia Music Hall ofFame Authority. Accordingly, the :financial statements and compliance activities of the Georgia Music Hall of Fame 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 Music Hall ofFame Authority as ofand for the year ended June 30, 1999. The particular information provided is enumerated in the Table ofContents.
This report is intended solely for the information and use ofmanagement ofthe Georgia Music Hall ofFame Authority and members of tlie Authority and is not intended to be and should not be used by anyone other than these specified parties.
Re~ectfully submitted,
RWH:jb
State Auditor
SELECTED FINANCIAL INFORMATION
GEORGIA MUSIC HALL OF FAME AUTHORITY ANALYSIS OF CHANGES IN FUND BALANCE
BUDGET FUND YEAR ENDED JUNE 30. 1999
FUND BALANCE - JULY 1. 1998 Reserved Unreserved Undesignated
ADDITIONS Excess of Funds Available over Expenditures Exhibit "B" Prior Year's Checks Voided
DEDUCTIONS Fund Balance Carried Over from Prior Year as Funds Available
FUND BALANCE-JUNE 30.1999
SUMMARY OF FUND BALANCE Reserved Federal Financial Assistance Educational Exhibits/Programming
Unreserved Undesignated
EXHIBIT"A"
$
406,775.00
1,629,683.78
$ 2,036,458.78
$ 1,526,151.53
11.05
$ 1,526,162.58
$ 2,036,458.78
$ 1,526,162.58
$
1,775.00
301,161.96
$
302,936.96
1,223,225.62
$ 1,526,162.58
-1-
GEORGIA MUSIC HALL OF FAME AUTHORITY SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES
COMPARED TO BUDGET BUDGET FUND
YEAR ENDED JUNE 30.1999
EXHIBIT"B"
FUNDS AVAILABLE REVENUES
Other Revenues Retained CARRY-OVER FROM PRIOR YEAR
Transfer from Fund Balance
EXPENDITURES
Personal Services
Regular Operating Expenses
Travel
Equipment
Computer Charges
Telecommunications
Per Diem, Fees and Contracts .
Cost of Materials for Resale
Marketing and Promotion
Excess of Funds Available over Expenditures
BUDGET
ACTUAL
VARIANCEFAVORABLE (UNFAVORABLE)
$ 1,762,208.00 $ 1,431,943.00 $
-330 ,265 .00
0.00 2,036,458.78
2,036,458.78
------------ $ 1,762,208.00 $ 3,468,401.78 $
1,706,193.78
$ 775,463.00 $
0.00 $
531,388.00
609,598.68
29,500.00
0.00
24,450.00
0.00
12,600.00
0.00
30,000.00
0.00
37,186.00 1,102,575.9~
62,500.00
82,761.82
259,121.00
147,313.82
775,463.00 -78,210.68 29,500.00 24,450.00 12,600.00 30,000.00 -1,065,389.93 -20,261.82 111,807.18
$ 1,762,208.00 $ 1,942,250.25 $ - - - --1-80',0-42-.2-5
$ 1,526,151.53 $ ===1=,5=26='=15=1=.5=3
-2-
GEORGIA MUSIC HALL OF FAME AUTHORITY SCHEDULE OF OTHER REVENUES RETAINED
YEAR ENDED JUNE 30. 1999
Admission Contract
Department of Community Affairs Donations Interest Income Membership Fees Room Rentals Sale of Merchandise Other
EXHIBIT"C"
$
145,577.09
757,051.00 220,500.00
79,088.56 6,600.00
67,522.61 153,013.69
2,590.05
$ ==1=,4=3=1=,9=4=3=0.0..
-3-