- Collection:
- Georgia Government Publications
- Title:
- Management report, Public Service Commission, an organizational unit of the state of Georgia, year ended June 30, 2004
- Creator:
- Georgia. Dept. of Audits and Accounts. State Government Division
- Publisher:
- Atlanta, Ga. : Dept. of Audits and Accounts
- Date of Original:
- 2003/2004
- Subject:
- Georgia Public Service Commission--Appropriations and expenditures
Financial statements--Georgia
Auditors' reports--Georgia - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- External Identifiers:
- Call Number GA A800 .R1 P88 2003-2004
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-ba800-b-pr1-bp88-b2003-h2004
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-ba800-b-pr1-bp88-b2003-h2004
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
STATE OF GEORGIA
DEPARTMENT OF AUDITS AND ACCOUNTS
Russell W. Hinton State Auditor
MANAGEMENT REPORT PUBLIC SERVICE COMMISSION AN ORGANIZATIONAL UNIT OF THE STATE OF GEORGIA
YEAR ENDED JUNE 30, 2004
PUBLIC SERVICE COMMISSION 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 RECONCILIATION OF SALARIES
3
DEPARTMENT OF AUDITS AND ACCOUNTS
254 Washington Street, S.W., Suite 214
w. RUSSELL
HINTON
STATE AUDITOR (404) 656-2174
Atlanta, Georgia 30334-8400
November 8, 2004
Honorable Sonny Perdue, Governor Members of the General Assembly of Georgia Members of the Public Service Commission
and Honorable Deborah K. Flannagan, Executive Director
Ladies and Gentlemen:
As part of our audit of the statutory basis financial statements of the State of Georgia presented in the State of Georgia Report of the State Auditor, the basic 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, 2004, we have performed certain audit procedures at the Public Service Commission. Accordingly, the financial statements and compliance activities of the Public Service Commission were examined to the extent 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 controls as required by the Single Audit Act Amendments of 1996.
This Management Report contains information pertinent to the financial and compliance activities of the Public Service Commission as of and for the year ended June 30, 2004. The particular information provided is enumerated in the Table of Contents.
This report is intended solely for the information and use of management of the State of Georgia and members of the Board and is not intended to be and should not be used by anyone other than these specified parties.
Respectfully submitted,
~io~-k
Russell W. Hinton State Auditor
RWH:pm
SELECTED FINANCIAL INFORMATION
PUBLIC SERVICE COMMISSION ANALYSIS OF CHANGES IN FUND BALANCE
BUDGET FUND YEAR ENDED JUNE 30, 2004
EXHIBIT"A"
FUND BALANCE - JULY 1, 2003
Reserved Surplus
ADDITIONS
Adjustments to Prior Year's Contracts and Accounts Payable Excess of Funds Available over Expenditures
Exhibit"B"
DEDUCTIONS
Unreserved Fund Balance (Surplus) Returned to Office of Treasury and Fiscal Services Year Ended June 30, 2003
Adjustments to Prior Year's Revenue
$
254,886.13
93,788.53
$
348,674.66
$
730.92
126,707.64
$ _ _ _12_7~,4_3_8._56_
$
93,788.53
254,886.13
$
348,674.66
FUND BALANCE - JUNE 30, 2004
$ ===1=2=7=,4=3=8..5..=6
SUMMARY OF FUND BALANCE Surplus
$ ===1=2=7=,4=3=8=.5===6
-1-
PUBLIC SERVICE COMMISSION SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES
COMPARED TO BUDGET BUDGET FUND
YEAR ENDED JUNE 30, 2004
EXHIBIT"B"
FUNDS AVAILABLE
REVENUES
State Appropriation Federal Revenues Other Revenues Retained
BUDGET
ACTUAL
VARIANCEFAVORABLE (UNFAVORABLE}
$ 8,651,730.00 $ 8,651,730.00 $
492,838.00
492,837.45
23,254.00
23,254.33
$ 9,167,822.00 $ 9,167,821.78 $
0.00 -0.55 0.33
-0.22
EXPENDrrURES
Personal Services Regular Operating Expenses Travel Motor Vehicle Purchases Equipment Computer Charges Real Estate Rentals Telecommunications Per Diem and Fees Contracts
Excess of Funds Available over Expenditures
$ 6,560,835.00 $ 288,620.00 98,911.00 19,634.00 23,851.00 267,128.00 494,933.00 96,541.00
1,016,461.00 300,908.00
6,493,935.00 $ 269,924.05 85,990.06 19,633.82 21,357.17 262,458.39 494,933.00 88,484.24
1,013,924.79 290,473.62
$ 9,167,822.00 $ 9,041,114.14 $
66,900.00 18,695.95 12,920.94
0.18 2,493.83 4,669.61
0.00 8,056.76 2,536.21 10,434.38
126,707.86
$
126,707.64 $ ==~12;;,;;6;.;,7.;;;0;,;.7;,;;.6..;.4
-2 -
PUBLIC SERVICE COMMISSION RECONCILIATION OF SALARIES
YEAR ENDED JUNE 30, 2004
Totals per Annual Supplement Accruals
June 30, 2003 June 30, 2004
EXHIBIT"C"
SALARIES
$
4,976,483.53
6,265.00 (4,040.25)
$ ==4=,9=7=8=,7=08==28=
-3-