South Georgia Regional Library, Valdosta, Georgia, report on audit of the financial statements for the fiscal year ended June 30, 2006

SOUTH GEORGIA REGIONAL LIBRARY
VALDOSTA, GEORGIA REPORT ON AUDIT
OF THE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED JUNE 30, 2006
STATE OF GEORGIA
DEPARTMENT OF AUDITS AND ACCOUNTS
Russell W. Hinton State Auditor

SOUTH GEORGIA REGIONAL LIBRARY - TABLE OF CONTENTS -

FINANCIAL

INDEPENDENT AUDITOR'S COMBINED REPORT ON BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

EXHIBITS

BASIC FINANCIAL STATEMENTS

DISTRICT-WIDE FINANCIAL STATEMENTS

A

STATEMENT OF NET ASSETS

1

B

STATEMENT OF ACTIVITIES

2

FUND FINANCIAL STATEMENTS

C

BALANCE SHEET

GOVERNMENTAL FUND

3

D

RECONCILIATION OF THE GOVERNMENTAL FUND BALANCE SHEET

TO THE STATEMENT OF NET ASSETS

4

E

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES

IN FUND BALANC.....___ _ _ _ _ _ _ _ __

GOVERNMENTAL FUND

5

F

RECONCILIATION OF THE GOVERNMENTAL FUND STATEMENT

OF REVENUES, EXPENDITURES AND CHANGES IN FUND

BALANCE TO THE STATEMENT OF ACTIVITIES

6

G

NOTES TO THE BASIC FINANCIAL STATEMENTS

7

SCHEDULES

REQUIRED SUPPLEMENTARY INFORMATION

1 SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES

IN FUND BALANCE - BUDGET AND ACTUAL

GENERAL FUND

15

SUPPLEMENTARY INFORMATION

SCHEDULES OF REVENUE

2

STATE

16

3

FEDERAL

17

4

LOCAL

19

5 SCHEDULE OF SALARIES AND TRAVEL

20

FINANCIAL

Russell W. Hinton
STATE AUDITOR
(404) 656-2174

DEPARTMENT OF AUDITS AND ACCOUNTS
270 Washington Street, S.W., Suite 1-156 Atlanta, Georgia 30334-8400
June 28, 2007

Honorable Sonny Perdue, Governor Members ofthe General Assembly Members ofthe Board of Regents of the University System of Georgia
and Director and Members ofthe South Georgia Regional Library Board
INDEPENDENT AUDITOR'S COMBINED REPORT ON BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
Ladies and Gentlemen:
We have audited the accompanying financial statements ofthe governmental activities and the major fund (Exhibits A through G) of the South Georgia Regional Library as of and for the year ended June 30, 2006, which collectively comprise the Library's basic financial statements as listed in the table of contents. These financial statements are the responsibility of the South Georgia Regional Library's management. Our responsibility is to express opinions on these financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinions.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position ofthe governmental activities and the major fund ofthe South Georgia Regional Library, as of June 30, 2006, and the respective changes in financial position thereof for the year then ended in conformity with accounting principles generally accepted in the United States of America.

2006ARL-41

The South Georgia Regional Library has not presented Management's Discussion and Analysis that accounting principles generally accepted in the United States has determined is necessary to supplement, although not to be part of, the basic financial statements.

The Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual, as presented on page 15 is not a required part of the basic financial statements but is supplementary information required by the accounting principles generally accepted in the United States of America. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods ofmeasurement and presentation ofthe required supplementary information. However, we did not audit the information and express no opinion on it.

Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the South Georgia Regional Library's basic financial statements. The accompanying supplementary information which consist ofSchedules 2 through 5, are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit ofthe basic financial statements, and in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

A copy of this report has been filed as a permanent record in the office of the State Auditor and made available to the press of the State, as provided for by Official Code of Georgia Annotated section 50-6-24.

Respectfully submitted,

.

~~QQ~.~

~u1sell W. Hinton, CPA, CGFM State Auditor

RWH:as 2006ARL-41

SOUTH GEORGIA REGIONAL LIBRARY

SOUTH GEORGIA REGIONAL LIBRARY STATEMENT OF NET ASSETS
JUNE 30, 2006
ASSETS Cash and Cash Equivalents Capital Assets
Land Buildings Equipment library Collections Less: Accumulated Depreciation
Total Assets
NET ASSETS Invested in Capital Assets, Net of Related Debt Unrestricted
Total Net Assets

EXHIBIT"A"

GOVERNMENTAL ACTIVITIES

$

207,172

233,583 4,357,477
468,234 3,919,647 -5,035,927

$ ===4='='1=5=0'!.:1=86=

$

3,943,014

207172

$ ======4,=15=0='=1' =8=6

The notes to the basic financial statements are an integral part of this statement.
- 1-

SOUTH GEORGIA REGIONAL LIBRARY STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2006

EXHIBIT"B"

EXPENSES

PROGRAM REVENUES

OPERATING

CHARGES FOR

GRANTS AND

SERVICES

CONTRIBUTIONS

NET (EXPENSES) REVENUES
AND CHANGES IN NET ASSETS

GOVERNMENTAL ACTIVITIES

Current Services Public Services Support Services Maintenance and Operations

$ 299,459 $ 1,239,132 118111

49,646 $

119,535 $ 252,890
54177

-130,278 -986,242
-63 934

Total Governmental Activities

$ 1,656,702 $

49646 $

426 602 $ _ _ _1~,1_8_0~,4_54_

General Revenues Allotments from Participating Governments Investment Earnings Miscellaneous

$

1,071,749

1,800

18 457

Total General Revenues

$ _ _ _1'-.l.0"-'9=2=0=06"-

Change in Net Assets

$

-88,448

Net Assets - Beginning of Year

4 238 634

Net Assets - End of Year

$ ===4=1=5=0=1=86=

The notes to the basic financial statements are an integral part of this statement. -2-

SOUTH GEORGIA REGIONAL LIBRARY BALANCE SHEET
GOVERNMENTAL FUND JUNE 30, 2006
ASSETS Cash and Cash Equivalents
FUND BALANCE Unreserved
Undesignated Reported in: General Fund

EXHIBIT"C"
GENERAL FUND
$ ===20=7=1,=72=
$ ===20..1.,6;1,=72=

The notes to the basic financial statements are an integral part of this statement. -3-

SOUTH GEORGIA REGIONAL LIBRARY RECONCILIATION OF THE GOVERNMENTAL FUND BALANCE SHEET
TO THE STATEMENT OF NET ASSETS JUNE 30, 2006

EXHIBIT"D"

Total Fund Balance - Governmental Fund (Exhibit "C")
Amounts reported for Governmental Activities in the Statement of Net Assets are different because:
Capital Assets used in Governmental Activities are not financial resources and therefore are not reported in the funds. These assets consist of:
Land Buildings Equipment Library Collections Accumulated Depreciation
Total Capital Assets

$

207,172

$

233,583

4,357,477

468,234

3,919,647

-5,035,927

3,943,014

Net Assets of Governmental Activities (Exhibit "A")

$ 4,150,186

The notes to the basic financial statements are an integral part of this statement. -4-

SOUTH GEORGIA REGIONAL LIBRARY

EXHIBIT "E"

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE

GOVERNMENTAL FUND

YEAR ENDED JUNE 30, 2006

REVENUES
Local Funds State Funds Federal Funds Charges for Services Investment Earnings Miscellaneous
Total Revenues
EXPENDITURES
Current Public Services Support Services Maintenance and Operations
Total Expenditures
Net Change in Fund Balance
Fund Balance - Beginning
Fund Balance - Ending

GENERAL FUND
$ 1,071,749 418,935 7,667 49,646 1,800 18 457
$ 1,568,254

$

173,570

1,239,132

118111

$ 1,530,813

$

37,441

169,731

$ ====20...7.=1'=72=

The notes to the basic financial statements are an integral part of this statement. -5-

SOUTH GEORGIA REGIONAL LIBRARY RECONCILIATION OF THE GOVERNMENTAL FUND STATEMENT OF
REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE TO THE STATEMENT OF ACTIVITIES JUNE 30, 2006

EXHIBIT"F"

Total Net Change in Fund Balance - Governmental Fund (Exhibit "E")
Amounts reported for Governmental Activities in the Statement of Activities are different because:
Capital Outlays are reported as expenditures in Governmental Funds. However, in the Statement of Activities, the cost of Capital Assets is allocated over their estimated useful lives as depreciation expense. In the current period, these amounts are:
Capital Outlay Depreciation Expense
Excess of Depreciation Expense over Capital Outlay

$

37,441

$ 171,770 -297,659

-125,889

Change in Net Assets of Governmental Activities (Exhibit "B")

$ ===-8=8=4=4=8

The notes to the basic financial statements are an integral part of this statement. -6-

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT"G"

Note 1: DESCRIPTION OF LIBRARY AND REPORTING ENTITY
REPORTING ENTITY
The South Georgia Regional Library (Library) operates pursuant to Official Code of Georgia Annotated Sections 20-5-40 through 20-5-59 to provide public library services with costs shared by participating local governmental agencies and grants from the State of Georgia.
The Library Board is comprised of nine members which are also trustees of the member library which appointed them. The Library Board membership consists ofone member appointed from the Echols County Library Board, one member appointed from the Lanier County Library Board and seven members appointed from the Lowndes County Library Board. The Library Board is without authority to determine the amount of its funding, except by submission of budget requests to local governmental units from which the Library receives support and to the State ofGeorgia for State and Federal flow through funding. Membership in the Library and participation in library services is at the discretion of each participating governmental agency. The Library Board has the power to designate management, the power to retain unreserved fund balances of local and other funds for continued operations and is the lowest level of oversight responsibility for the Library's operations.
While the Lowndes County Library Board appoints a majority of the South Georgia Regional Library's Board, the Lowndes County Library Board is neither able to impose its will upon the Library nor is there a financial benefit/burden relationship between the two boards as defined by Governmental Accounting Standards Board. The South Georgia Regional Library is therefore considered to be a related organization of the Lowndes County Library.
Note 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION
The Library's basic financial statements are collectively comprised of the Library-wide financial statements, fund financial statements and notes to the basic financial statements ofthe South Georgia Regional Library.
Library-wide Statements: The Statement ofNet Assets and the Statement ofActivities display information about the financial activities of the overall Library. Eliminations have been made to minimize the double counting of internal activities. Governmental activities generally are financed through intergovernmental revenues and other nonexchange transactions.
The Statement of Activities presents a comparison between direct expenses and program revenues for each function of the Library's governmental activities.

-7-

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT "G"

Note 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Direct expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to a particular function. Indirect expenses (expenses of the Library related to the administration and support of the Library's programs, such as office and maintenance personnel and accounting) are not allocated to programs.
Program revenues include (a) charges paid by the recipients ofgoods or services offered by the programs and (b) grants and contributions that are restricted to meeting the operational or capital requirements of a particular program. Revenues that are not classified as program revenues are presented as general revenues.
Fund Financial Statements: The fund financial statements provide information about the Library's funds. Eliminations have been made to minimize the double counting of internal activities. The emphasis of fund financial statements is on major governmental funds.
The Library reports the following major governmental fund:
General Fund is the Library's primary operating fund. It accounts for all financial resources of the Library, except those resources required to be accounted for in another fund.
BASIS OF ACCOUNTING
The basis ofaccounting determines when transactions are reported on the financial statements. The Library-wide governmental financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place. Nonexchange transactions, in which the Library gives (or receives) value without directly receiving (or giving) equal value in exchange, include grants and donations. Revenue from grants and donations is recognized in the fiscal year in which all eligibility requirements have been satisfied.
The Library uses funds to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management by segregating transactions related to certain governmental functions or activities. A fund is a separate accounting entity with a self-balancing set of accounts.
Governmental funds are reported using the current financial resources measurement focus and the modified accrual basis ofaccounting. Under this method, revenues are recognized when measurable and available. The Library considers all revenues reported in the governmental funds to be available if they are collected within sixty days after year-end. Interest is considered to be susceptible to accrual. Expenditures are recorded when the related fund liability is incurred. Capital asset acquisitions are reported as expenditures in governmental funds.
-8-

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT"G"

Note 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Library funds certain programs by a combination of specific cost-reimbursement grants, categorical grants, and general revenues. Thus, when program costs are incurred, there are both restricted and unrestricted net assets available to finance the program. It is the Library's policy to first apply grant resources to such programs, followed by cost-reimbursement grants, then general revenues.

CASH AND CASH EQUIVALENTS

COMPOSITION OF DEPOSITS Cash and cash equivalents consist ofcash on hand, demand deposits and short-term investments with original maturities of three months or less from the date of acquisition in authorized financial institutions. Georgia Laws OCGA 45-8-14 authorize the Library to deposit its funds in one or more solvent banks or insured Federal savings and loan associations.

CAPITAL ASSETS

Capital assets purchased, including capital outlay costs, are recorded as expenditures in the fund financial statements at the time ofpurchase. On the Library-wide financial statements, all purchased capital assets are valued at cost where historical records are available and at estimated historical cost based on appraisals or deflated current replacement cost where no historical records exist. Donated capital assets are recorded at estimated fair market value on the date donated. Disposals are deleted at depreciated recorded cost. The cost of normal maintenance and repairs that do not add to the value of assets or materially extend the useful lives ofthe assets is not capitalized. Depreciation is computed using the straight-line method.

Capitalization thresholds and estimated useful lives of capital assets reported in the Library-wide statements are as follows:

Capitalization Policy

Estimated Useful Life

Land Land Improvements Buildings and Improvements Equipment Library Collections

Any Amount

$

5,000

$

5,000

$

5,000

All

NIA 15 to 20 years
40 years 5 to 15 years
10 years

Depreciation is used to allocate the actual or estimated historical cost of all capital assets over estimated useful lives.

-9-

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT "G"

Note 3: DEPOSITS
COLLATERALIZATION OF DEPOSITS Official Code of Georgia Annotated (OCGA) Section 45-8-12 provides that there shall not be on deposit at any time in any depository for a time longer than ten days a sum ofmoney which has not been secured by surety bond, by guarantee of insurance, or by collateral. The aggregate ofthe face value of such surety bond and the market value of securities pledged shall be equal to not less than 110 percent ofthe public funds being secured after the deduction ofthe amount ofdeposit insurance. Ifa depository elects the pooled method (OCGA 45-8-13 .1) the aggregate ofthe market value ofthe securities pledged to secure a pool ofpublic funds shall be not less than 110 percent ofthe daily pool balance.
Acceptable security for deposits consists of any one of or any combination of the following:
(1) Surety bond signed by a surety company duly qualified and authorized to transact business within the State of Georgia,
(2) Insurance on accounts provided by the Federal Deposit Insurance Corporation,
(3) Bonds, bills, notes, certificates of indebtedness or other direct obligations of the United States or of the State of Georgia,
(4) Bonds, bills, notes, certificates of indebtedness or other obligations of the counties or municipalities of the State of Georgia,
(5) Bonds of any public authority created by the laws of the State of Georgia, providing that the statute that created the authority authorized the use of the bonds for this purpose,
(6) Industrial revenue bonds and bonds of development authorities created by the laws ofthe State of Georgia, and
(7) Bonds, bills, notes, certificates of indebtedness, or other obligations of a subsidiary corporation of the United States government, which are fully guaranteed by the United States government both as to principal and interest or debt obligations issued by the Federal Land Bank, the Federal Home Loan Bank, the Federal Intermediate Credit Bank, the Central Bank for Cooperatives, the Farm Credit Banks, the Federal Home Loan Mortgage Association, and the Federal National Mortgage Association.
CATEGORIZATION OF DEPOSITS At June 30, 2006, the bank balances were $237,902. The amounts of the total bank balances are classified into four categories of custodial credit risk:

- 10 -

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT"G"

Note 3: DEPOSITS

Category 1 - Cash that is insured (e.g., Federal Deposit Insurance) or collateralized with securities held by the Library or by the Library's agent in the Library's name.
Category 2 - Cash collateralized with securities held by the pledging financial institution's trust department or agent in the Library's name.
Category 3 - Cash collateralized with securities held by the pledging financial institution, or by its trust department or agent but not in the Library's name.
Category 4 - Uncollateralized.

The Library's deposits are classified by custodial credit risk category at June 30, 2006, as follows:

Custodial Credit Risk Category

Bank Balance

1

$ 173,800

2

0

3

64,102

4

0

Total

$=====2==37.,.,.9===0==2

Note 4: CAPITAL ASSETS

The following is a summary of changes in the Capital Assets during the fiscal year:

Balances
July 1. 2005

Increases

Balances Decreases June 30, 2006

Governmental Activities

Capital Assets, Not Being Depreciated:

Land

$ 233,583 $

0 $

0 $ 233,583

Capital Assets Being Depreciated Buildings and Improvements Equipment Library Collections

$ 4,357,477 468,234
4,202,272 $

171,770 $

$ 4,357,477

468,234

454,395

3,919,647

Less Accumulated Depreciation for: Buildings and Improvements Equipment Library Collections

1,604,507 360,577
3,227.579

109,041 15,310 173,308

454,395

1,713,548 375,887
2,946,492

Total Capital Assets, Being Depreciated, Net $ 3,835,320 $ -125,889 $

0 $ 3,709,431

Governmental Activity Capital Assets - Net $ ~.068,203 $ -125,882 $

0 $ 3,243,014

- 11 -

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT "G"

Note 4: CAPITAL ASSETS

Current year depreciation expense by function is as follows:

Public Services Note 5: RISK MANAGEMENT

$==2-97-,6-5='=9

The Library is exposed to various risks ofloss related to torts; theft of, damage to, and destruction of assets; errors or omissions; job related illness or injuries to employees; acts of God and unemployment compensation.

The Library participates in the Association County Commissioners of Georgia Interlocal Risk Management Agency, a public entity risk pool organized in 1987 to provide an alternative source for members to acquire property and liability insurance coverage. The Agency's general objectives are to formulate, develop and administer a program of insurance on behalf of the members and to develop a comprehensive loss control program. The Agency reinsures amounts in excess ofcertain limits to protect itself from large losses. The payment of excess insurance for the Agency varies by line of coverage.

The Library is self-insured with regard to unemployment compensation claims. The Library accounts for claims within the General Fund with expenses/expenditures and liability being reported when it is probable that a loss has occurred, and the amount ofthat loss can be reasonably estimated. The Library has not experienced any unemployment compensation claims during the last two years.

The Library participates in the Association County Commissioners ofGeorgia-Selflnsured Workers' Compensation Fund, a public entity risk pool organized on July 1, 1982, to develop, implement and administer a program of workers' compensation self-insurance for its member organizations. The Library pays an annual premium to the Fund for its general insurance coverage. Additional insurance coverage is provided through an agreement by the Fund with Safety National Casualty Corporation to provide coverage for potential losses by the Fund in excess of $600,000 loss per occurrence, up to $2,000,000.

The Library has purchased surety bonds to provide additional insurance coverage as follows:

Position Covered

Amount

Director Board of Directors All Other Employees

$ 500,000

$ 500,000

$

50,000

- 12 -

SOUTH GEORGIA REGIONAL LIBRARY NOTES TO THE BASIC FINANCIAL STATEMENTS
JUNE 30, 2006

EXHIBIT "G"

Note 6: RETIREMENT PLANS

TEACHERS RETIREMENT SYSTEM OF GEORGIA (TRS)

TRS PLAN DESCRIPTION Substantially all librarians and clerical personnel employed by regional and county libraries are covered by the Teachers Retirement System of Georgia (TRS), which is a cost-sharing multiple employer defined benefit pension plan. TRS provides service retirement, disability retirement and survivors benefits for its members in accordance with State statute. The Teachers Retirement System of Georgia issues a separate stand alone financial audit report and a copy can be obtained from the Georgia Department of Audits and Accounts.

TRS CONTRIBUTIONS REQUIRED AND MADE Employees ofthe Library who are covered by TRS are required by State statute to contribute 5% of their gross earnings to TRS. The Library makes monthly employer contributions to TRS at rates adopted by the TRS Board of Trustees in accordance with State statute and as advised by their independent actuary. The required employer contribution rate is 9.24% and employer contributions for the current fiscal year and the preceding two fiscal years are as follows:

Fiscal Year

Percentage Contributed

Required Contribution

2006 2005 2004

100% 100% 100%

$ 67,387 $ 64,522 $ 57,618

Note 7: AFFILIATED LIBRARIES DISCLOSURE

The Echols County Library, Lanier County Library and Lowndes County Library are legally separate, tax exempt organizations who participate in shared activities with the South Georgia Regional Library. These affiliated libraries do not meet the criteria for reporting as either a component unit or related entity of the South Georgia Regional Library.

- 13 -

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SOUTH GEORGIA REGIONAL LIBRARY GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL
YEAR ENDED JUNE 30, 2006

SCHEDULE "1"

REVENUES
Local Funds State Funds Federal Funds Charges for Services Investment Earnings Miscellaneous
Total Revenues
EXPENDITURES
Current Public Services Support Services Maintenance and Operations
Total Expenditures
Net Change in Fund Balance
Fund Balances - Beginning

NONAPPROPRIATED BUDGETS

ORIGINAL

FINAL

ACTUAL AMOUNTS

$

1,028,660 $

1,076,900 $

1,071,749

150,830

420,071

418,935

1,800

7,700

7,667

42,285

42,710

49,646

1,000

1,000

1,800

6 550

6 750

18457

$

1,231,125 $

1,555,131 $

1,568,254

$

156,673 $

182,067 $

173,570

968,347

1,243,971

1,239,132

103,965

126,953

118111

$

1,228,985 $

1,552,991 $

1,530,813

$

2,140 $

2,140 $

37,441

169 731

169 731

169 731

Fund Balances - Ending

$

171 871 $

171 871 $====20=7-,1=72.,.

Notes to the Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual
The accompanying schedule of revenues, expenditures and changes in fund balances budget and actual is presented on the modified accrual basis of accounting which is the basis of accounting used in the presentation of the fund financial statements.

See notes to the basic financial statements.

-15-

SOUTH GEORGIA REGIONAL LIBRARY SCHEDULE OF STATE REVENUE YEAR ENDED JUNE 30, 2006
AGENCY/FUNDING
GRANTS Board of Regents of the University System of Georgia Office of Public Library Services Salaries Library Materials Maintenance and Operations Talking Book Centers

SCHEDULE "2"

GOVERNMENTAL FUND TYPE GENERAL FUND

$

252,890

38,213

54,177

73655

$ ====4=1=18=93=5=

See notes to the basic financial statements.

- 16 -

SOUTH GEORGIA REGIONAL LIBRARY SCHEDULE OF FEDERAL REVENUE YEAR ENDED JUNE 30, 2006
AGENCY/FUNDING GRANTS Museum and Library Services, Institute of Through Board of Regents of the University System of Georgia Library Services and Technology Act State Vacation Reading Program State Network Security Grant

SCHEDULE "3"

GOVERNMENTAL FUND TYPE GENERAL FUND

$

5,700

1 967

$ =====7=6=67.,..

See notes to the basic financial statements.

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SOUTH GEORGIA REGIONAL LIBRARY SCHEDULE OF LOCAL REVENUE YEAR ENDED JUNE 30, 2006
LOCAL SOURCES Boards of Education Echols County Lanier County City Government Lakeland County Governments Boards of Commissioners Echols Lanier Lowndes

SCHEDULE "4"

GOVERNMENTAL FUND TYPE GENERAL FUND

$

4,500

14,000

10,000

18,000 15,840 1,009,409

$ ======1:!,::0=7=:!:17=4=9

See notes to the basic financial statements.

- 19 -

SOUTH GEORGIA REGIONAL LIBRARY SCHEDULE OF SALARIES AND TRAVEL
YEAR ENDED JUNE 30, 2006

SCHEDULE "5"

NAME
Allen, Altobello, Altobello, Angell, Arrington, Belflower, Bennett, Berckman, Black, Brinson, Brooks Brower, Butts, Carter, Chevalier, Clary, Cressey, Cross, Culpepper, Daniels, Davis, Doak, Elliott, Fisher, Fiveash, Gaines, Gascot, Gerhardt, Gollihar, Greene, Gutnik, Humphrey, James, Jernigan, Lenz, Mathis, Moffett, Monroe, Neumann, Newsom, Parker, Pascual, Paulk, Peeples, Poirier, Prout, Reames, Register, Rivera-Arriaga, Roberts, Robinson, Rodriguez, Sanders, Scott, Shea, Short, Sirmans, Sirmon, Sirmons,

Joan Debra VincentJ Ashley Youlanda John Paula Sara Karen Erline Brandon Lisa Mildred Deborah Shanna Ellen Debra Deanna Jackie Shantana Brittany Susan Sara Antonetta Chance Elizabeth Rita Helen Judith Willencia Serena Mathew Kathy Diane Kelly Eric Tara Tangelia Michele Liza Marianne Ramos Christie David Pam Theresa Tania Janet Pablo Linda Latonia Diana Lee Beverly Kay Cheryl Tiffany Harikleia John Carolyn Renee

TITLE CATEGORY
Library Aide Library Aide Maintenance Library Aide Library Aide Processing Branch Manager Processing Branch Manager Circulation Manager Library Aide Branch Manager Library Aide Library Aide Library Aide Library Aide Library Aide Library Aide Branch Manager Library Aide Library Aide Library Aide Book Van Manager Reference Aide Library Aide Reference Aide Library Aide Library Aide Business Manager Library Aide Childrens Librarian Maintenance Library Aide Branch Manager Library Aide Senior Librarian Library Aide Library Aide Public Relations Director Library Aide Maintenance Library Aide Systems Manager Library Aide Administrative Assistant Library Aide Branch Manager Maintenance Library Aide Reference Aide Library Aide Branch Manager Processing Library Aide Library Aide Processing Maintenance Library Aide

SALARIES

TRAVEL

$

5,495

20,717

608

855

733

13,594

18,720 $

135

2,998

14

268

24,615

5,927

17,808

252

21,790

66

17,434

619

11,232

20,717

87

671

14,430

245

453

219

14,372

26,104

4,715

2,211

20,717

9,360

4,111

22,966

368

14,819

37,154

1,396

3,513

7

3,312

26,874

26

1,041

51,926

1,197

2,650

7,270

9,594

59

79,621

1,997

5,582

456

8,878

7

46,972

1,157

1,666

22,630

8,192

391

26,874

132

122

3,461

5,817

8,619

26,874

156

452

2,683

1,153

20,218

257

680

3,135

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NAME
Soler, Strickland, Thomas, Vigerstol,

Elba Sean Jamie Patricia

Totals per report

SOUTH GEORGIA REGIONAL LIBRARY SCHEDULE OF SALARIES AND TRAVEL
YEAR ENDED JUNE 30, 2006

SCHEDULE "5"

TITLE CATEGORY
Library Aide Technical Services Library Aide Library Aide

SALARIES

TRAVEL

$

285

30,000 $

8

3,806

21 355

1430

$

792143 $===9=,3=87=

See notes to the basic financial statements.

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