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 NORTH GEORGIA TECHNICAL COLLEGE MANAGEMENT REPORT - TABLE OF CONTENTS - 
 
LEITER OF TRANSMITTAL 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGET FUND 
 
B SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
 
COMPARED TO BUDGET 
 
BUDGET FUND 
 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION 
 
2 
 
C RECONCILIATION OF SALARIES AND TRAVEL 
 
3 
 
 Rt''-!>ELL \V. H1N roN 
STATE AUDITOR 1404) 656-2174 
 
DEPARTl\fENT OF AUDITS AND ACCOUNTS 
254 Wa~hmg1on S1rce1. S W. Su11c 214 A1lan1a. Georgia 30334-8400 
October 1, 2002 
 
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 of Georgia Report of the State Auditor, the financial statements of the State of Georgia presented in the State of Georgia Comprehensive Annual Financial 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, 2002, 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, 2002. 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 of Directors of North Georgia Technical College and is not intended to be and should not be used by anyone other than these specified parties. 
 
RWH:gp 
 
 SELECTED FINANCIAL INFORMATION 
 
 NORTH GEORGIA TECHNICAL COLLEGE ANALYSIS OF CHANGES IN FUND BALANCE 
BUDGET FUND YEAR ENDED JUNE 30, 2002 
 
EXHIBIT"A" 
 
FUND BALANCE - JULY 1, 2001 
Reserved Surplus 
ADDITIONS 
Adjustments to Pnor Year's Contracts and Accounts Payable Excess of Funds Available over Expenditures 
Exh1b1t "B" 
DEDUCTIONS 
Unreserved Fund Balance (Surplus) Returned to Georgia Department ofTechnical and Adult Education - Admm1strat1ve Central Office Year Ended June 30, 2001 
Adjustments to Pnor Year's Accounts Receivable 
Refunds to Granters Federal Financial Assistance Georgia Department of Technical and Adult Education - Admm1strative Central Office Other 
Reserved Fund Balance earned Over from Prior Year as Funds Available 
 
"All 
DEPARTMENT OF TECHNICAL AND ADULT EDUCATION 
 
11911 
LOTTERY FOR EDUCATION 
 
$ 
 
39,12738 
 
3 201 80 $ 
 
475 94 
 
$ 
 
42 329 18 $ 
 
475 94 
 
$ 
 
2,992 09 $ 
 
2,838 78 
 
74 744 80 
 
$ 
 
77 736 89 $ 
 
2,838 78 
 
$ 
 
3,201 80 $ 
 
475 94 
 
32849 
 
333 68 3 29 
 
31 204 54 
 
$ 
 
35 071 80 $ 
 
475 94 
 
FUND BALANCE - JUNE 30, 2002 
 
$ 
 
84,994 27 $===2=,8=3=8=7=8 
 
SUMMARY OF FUND BALANCE Reserved Federal F1nanc1al Assistance For Refund to Granter Agency Georgia Department of Technical and Adult Education - Admm1strat1ve Central Office Other lnventones Live Work ProJects Local Grants and Contracts 
Surplus 
- 1- 
 
$ 
 
165 31 
 
4 26 
 
50,035 25 
 
26,924 15 
 
4 383 71 
 
$ 
 
81,51268 
 
3 481 59 $ 
 
2,838 78 
 
$ 
 
84 994 27 $===2=,8=3=8=7==8 
 
 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, 2002 
 
EXHIBIT"B" 
 
FUNDS AVAILABLE REVENUES 
State Appropnat1on Federal Revenues Other Revenues Retained 
CARRY-OVER FROM PRIOR YEAR Transfer from Reserved Fund Balance 
EXPENDITURES Personal Services-Institutions Operating Expenses-Institutions Capital Outlay Adult Literacy Grants 
Excess of Funds Available over Expenditures 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 8,465,664 00 $ 8,465,664 00 $ 
 
1,442,012.00 1,065,077.89 
 
3,581,067 81 
 
3,376,542.97 
 
$ 13,488,743.81 $ 12,907,284.86 $ 
 
0 00 -376,934.11 -204,524.84 
-581,458 95 
 
0 00 
 
31,204 54 
 
3120454 
 
$ 13.488,743 81 $ 12,938.489 40 $ _ _ _-5_5_0'-,2_54_41_ 
 
$ 8,441,028.34 $ 8,262,012.85 $ 
 
3,918,140 47 
 
3,489,673.17 
 
269,762.00 
 
255,522 65 
 
859,813 00 
 
856,535 93 
 
179,015 49 428,467 30 
14,239 35 3 277 07 
 
$ 13,488,743 81 $ 12,863,744 60 $ _ _ _ 62_4__,;9,.;9,-9'--"2-=1-'- 
 
$ 
 
74 744 80 $ ======7=4ae:7=4.;.4~8=0 
 
-2- 
 
 NORTH GEORGIA TECHNICAL COLLEGE RECONCILIATION OF SALARIES AND TRAVEL 
YEAR ENDED JUNE 30, 2002 
 
EXHIBIT "C" 
 
Totals per Annual Supplement 
Accruals June 30, 2001 June 30, 2002 
Compensated Absences June 30, 2001 June 30, 2002 
Agency Funds 
 
SALARIES 
 
TRAVEL 
 
$ 7,134,496 36 $ 111,211.82 
 
-11,692.23 14,436.29 
 
-573,204.66 625,607.64 
 
-1,523.00 
 
$ 7,189,64340 $ 109,68882 
 
-3-