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MANAGEMENT REPORT 
NORTH GEORGIA TECHNICAL COLLEGE CLARKESVILLE, GEORGIA 
AN ORGANIZATIONAL UNIT OF THE STATE OF GEORGIA 
YEAR ENDED JUNE 30, 2001 
 
Russell W. Hinton state Auditor 
 
 
 Citation: Georgia Government Publications 
 
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Title North Georgia Technical Institute, Clarkesville, Georgia, report on the review of the financial 
statements for the fiscal year ended June 30,2000 
 
Author Georgia. Dept. of Audits and Accounts. 
 
' 
 
Published Atlanta, GA Issue 2000/06/30 
 
Notes 9 page(s) 
 
UGACall#GA 
A800 
.R1 
N66 1999-2000 
 
Your search: kw: (north georgia technical) 
 
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http://dbs.galib.uga.edu/cgi-bin/zultimate.cgi?userid=galileo&dbs=ggpd&ini=ggpd.ini&action=retrieve&recno=3&browseJecl..11/15/2001 
 
 NORTH GEORGIA TECHNICAL COLLEGE MANAGEMENT REPORT -TABLEOFCONTENTS- 
 
LETTER OF TRANSMITTAL 
 
Page 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGET FUND 
 
1 
 
SCHEDULES OF FUNDS AVAILABLE AND EXPENDITURES 
 
CONWARED TO BUDGET 
 
BUDGET FUND 
 
B 
 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION 
 
2 
 
C 
 
"B" LOTTERY FOR EDUCATION 
 
3 
 
D RECONCILIATION OF SALARIES AND TRAVEL 
 
4 
 
 RUSSELL W. HINTON 
STATE AUDITOR 
(404) 6562174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.W., Suite 214 Atbnta, Georgia 30334-X400 
September 14,2001 
 
Honorable Roy E. Barnes, Governor Members of the General Assembly of Georgia Members of the State Board of Technical and Adult Education Members of the Local Board of Directors 
and Honorable Ruth Nichols, President North Georgia Technical College 
Ladies and Gentlemen: 
As part ofour audit ofthe statutory basis financial statements ofthe State ofGeorgia presented in the State ofGeorgia Report ofthe State Auditor, the general purpose financial statements ofthe State of Georgia presented in the State ofGeorgia Comprehensive AnnualFinancial Report, and the issuance of a Statewide Single Audit Report pursuant to the Single Audit Act Amendments, as of and for the year ended June 30, 2001, we have performed certain audit procedures at North Georgia Technical College. Accordingly, the financial statements and compliance activities ofNorth Georgia Technical College 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 North Georgia Technical College as of and for the year ended June 30, 2001. The particular information provided is enumerated in the Table of Contents. 
This report is intended solely for the information and use ofmanagement and members ofthe Local Board ofDirectors ofNorth Georgia Technical College and is not intended to be and should not be used by anyone other than these specified parties. 
 
Respectfully submitted, 
~--....... 
 
RWH:gp 
 
Rus ell W. Hinton State Auditor 
 
 SELECTED FINANCIAL INFORMATION 
 
 NORTH GEORGIA TECHNICAL COLLEGE ANALYSIS OF CHANGES IN FUND BALANCE 
BUDGET FUND YEAR ENDED JUNE 30, 2001 
 
EXHIBIT "A" 
 
FUND BALANCE - JULY 1, 2000 
Reserved Surplus 
 
ADDITIONS 
Adjustments to Prior Year's Accounts Payable Excess of Funds Available over Expenditures 
Exhibit "B" Exhibit "C" Prior Year's Checks Voided 
 
DEDUCTIONS 
 
Unreserved Fund Balance (SurplUS) 
 
Returned to Georgia Department of Technical and 
 
Adult Education - Administrative Central Office 
 
Year Ended June 30, 2000 
 
Adjustments to Prior Year's Accounts Receivable 
 
Refunds to Grantors 
 
Georgia Department of Technical and Adult 
 
Education - Administrative Central Office 
 
Federal FinancialAssistance 
 
Georgia Department of Education 
 
Tech Prep 
 
Georgia Department of Human Resources 
 
PEACH Project 
 
. 
 
Reserved Fund Balance Carried Over from 
 
Prior Year as Funds Available 
 
. FUND BALANCE - JUNE 30, 2001 
 
"A" DEPARTMENT OF 
TECHNICAL AND ADULT EDUCATION 
 
"8" LOTTERY FOR 
EDUCATION 
 
$ 
 
34,488.25 
 
17,026.50 $ _ _....:1!:J2,~17~3:.:..;.1~2 
 
$ 
 
51 ,514.75 $ 
 
1~2:.z..,1:.:.7-,,3:.1.:.::..2 
 
$ 
 
2,492.73 
 
41,305.39 $ 
165.00 
 
475.94 
 
$ 
 
43,963.12 $ 
 
;::;47~5~.94~ 
 
$ 
 
17,026.50 $ 
 
12,173.12 
 
6,214.72 
 
3,370.42 
 
84.56 
 
54.57 
 
26,397.92 
 
$ 
 
53,148.69 $ 
 
12,173.12 
 
$ 
 
42,329.18 $ 
 
~47~5;,;:.94~ 
 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance For Continuation of Program For Refund to Grantor Agency Georgia Department of Technical and Adult Education - Administrative Central Office Local Programs Continuation of Program Inventories Live Work Projects 
Surplus 
 
$ 
 
1,318.45 
 
364.41 
 
5,308.81 6,239.98 25,895.73 
 
$ 
 
39,127.38 
 
3,201.80 $ 
 
$ _ _.....;4;,:;2,329.18 $ 
 
.:!.47!..::5~.94~ 
~47:.,:;5;;.;:.94:;, 
 
-1- 
 
 NORTH GEORGIA TECHNICAL COLLEGE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION YEAR ENDED JUNE 30, 2001 
 
EXHIBIT "B" 
 
FUNDS AVAILABLE REVENUES 
State Appropriations Federal Revenues Other Revenues Retained 
CARRY-OVER FROM PRIOR YEAR 
Transfer from Reserved Fund Balance 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 8,102,534.00 $ 8,102,534.00 $ 
 
962,080.50 
 
.' 893,041.38 
 
3,074,687.00 
 
2,855,388.77 
 
$ 12,139,301.50 $ 11,850,964.15 $ 
 
0.00 -69,039.12 -219,298.23 
-288,337.35 
 
0.00 
 
26,397.92 
 
26,397.92 
 
$ 12,139,301.50 $ 11,877,362.07 $ _ _-=-2:;:.6.:..!1,;:;93:..:9.:...;.4~3 
 
EXPENDITURES 
Personal Services-Institutions Operating Expenses-Institutions Capital Outlay Adult Literacy Grants 
 
$ 7,621,615.16 $ 7,576,722.54 $ 
 
3,600,985.34 
 
3,349,716.10 
 
223,971.00 
 
223,855.80 
 
692,730.00 
 
685,762.24 
 
44,892.62 251,269.24 
115.20 6,967.76 
 
$ 12,139;301.50 $ 11,836,056.68 $ _ _-=3:;::.03:::!.,2:.4:..:4.:..:.8=..2 
 
Excess of Funds Available over Expenditures 
 
 
$ 
 
41,305.39 $ ==....;,;,4~1,~30;;;;:5;,;,;;.3~9 
 
-2- 
 
 NORTH GEORGIA TECHNICAL COLLEGE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"B" LOTTERY FOR EDUCATION YEAR ENDED JUNE 30, 2001 
 
EXHIBIT "C" 
 
FUNDS AVAILABLE 
REVENUES 
State Appropriations Other Revenues Retained 
 
BUDGET 
 
ACTUAL 
 
VARIANCE FAVORABLE (UNFAVORABLE) 
 
$ 466,089.00 $ 466,089.00 $ 
 
719,281.89 
 
719,281.89 
 
$ 1,185,370.89 $ 1,185,370.89 $ 
 
0.00 0.00 
-=O~.O~O 
 
. EXPENDITURES 
Equipment-Technical Institutes 
Excess of Funds Available over Expenditures 
 
$ 1,185,370.89 $ 1,184,894.95 $ 
 
4..;.;7....;;5.;.;;.9~4 
 
$ 
 
475.94 $ ===~4;,;7~5~.9;;;;,,4 
 
- 3- 
 
 NORTH GEORGIA TECHNICAL COLLEGE RECONCILIATION OF SALARIES AND TRAVEL 
YEAR ENDED JUNE 30, 2001 
 
EXHIBIT "0" 
 
Totals per Annual Supplement 
Accruals June 30, 2000 June 30, 2001 
 
SALARIES 
 
TRAVEL 
 
$ 6,353,984.88 $ 121,112.88 
 
-39,349.66 11,692.23 
 
$ 6,326,327.45 $ 121,112.88 
 
 
 
-4-