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MANAGEMENT REPORT GEORGIA RAIL PASSENGER AUTHORITY A COMPONENT UNIT OF THE STATE OF GEORGIA
YEAR ENDED JUNE 30, 1998
STATE OF GEORGIA DEPARTMENT OF AUDITS AND ACCOUNTS
254 WASHINGTON STREET
ATLANTA, GEORGIA 30334-8400
GEORGIA RAIL PASSENGER AUTHORITY MANAGEMENT REPORT - TABLE OF CONTENTS -
LETTER OF TRANSMITTAL
SELECTED FINANCIAL INFORMAnON
EXHIBITS
A ANALYSIS OF CHANGES IN FUND BALANCE
GENERAL FUND
1
B SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES
GENERAL FUND
2
CLAUDE L. VICKERS
STATE AUDITOR (404) 656-2174
DEPARTMENT OF AUDITS AND ACCOUNTS
254 Washington Street, S.w., Suite 214 Atlanta, Georgia 30334-8400
October 15, 1998
Honorable Zell Miller, Governor Members of the General Assembly of Georgia Members ofthe Georgia Rail Passenger Authority
and Honorable Wayne Shackelford, Commissioner Department of Transportation
Ladies and Gentlemen:
As part of our audit of the general purpose fmancial statements of the 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, 1998, we have performed certain audit procedures at the Georgia Rail Passenger Authority. Accordingly, the financial statements and compliance activities of the Georgia Rail Passenger 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 Rail Passenger Authority as of and for the year ended June 30, 1998. The particular information provided is enumerated in the Table of Contents.
This report is intended solely for the use of management of the Georgia Rail Passenger Authority. However, this report is a matter of public record and its distribution is not limited.
Respectfully submitted,
CLV:jb
Claude L. Vickers State Auditor
SELECTED FINANCIAL INFORMATION
GEORGIA RAIL PASSENGER AUTHORITY ANALYSIS OF CHANGES IN FUND BALANCE
GENERAL FUND YEAR ENDED JUNE 3D. 1998
FUND BALANCE - JULY 1. 1997 Unreserved
ADDITIONS Excess of Funds Available over Expenditures Exhibit "B"
DEDUCTIONS Unobligated Contract Balance Returned to Georgia Department of Transportation
FUND BALANCE - JUNE 3D. 1998
SUMMARY OF FUND BALANCE Unreserved Undesignated
EXHIBIT "A"
$ _----.;3::..:0:.l.:,0:..=9~0.=.=6;:..8
$ 4,130,397.42
$
30,090.68
$ 4,130,397.42
$ 4,130,397.42
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GEORGIA RAIL PASSENGER AUTHORITY SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES
GENERAL FUND YEAR ENDED JUNE 30, 1998
EXHIBIT"B"
REVENUES
FEDERAL REVENUES
OTHER REVENUES RETAINED Contract Georgia Department of Transportation
FUNDS AVAILABLE
$
95,000.00
4,550,000.00
Total Funds Available
REGULAR OPERATING EXPENSES
Supplies and Materials Rents (Other than Real Estate) Insurance and Bonding Other Operating Expenses Duplicating and Rapid Copy Publications and Printing
EXPENDITURES
PER DIEM, FEES AND CONTRACTS
Per Diem and Fees Contracts
Total Expenditures Excess of Funds Available over Expenditures
$ ==4=,=64=:5=,0=:0=0=:.0=,=0
$
62.73
6,891.00
72.00
23,483.07
1,449.00
1,089.00
$
33,046.80
$
22,526.78
459,029.00
$
481,555.78
$
514,602.58
4,130,397.42
$ =====4=,6=45=,0==:0=:0=,0=0
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