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MANAGEMENT REPORT CARROLL TECHNICAL INSTITUTE 
CARROLLTON,GEORGIA AN ORGANIZATIONAL 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 
 
 CARROLL TECHNICAL INSTITUTE MANAGEMENT REPORT - TABLE OF CONTENTS - 
 
LETTER OF TRANSMITTAL 
 
SECTION I 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGET FUND 
 
SCHEDULES OF FUNDS AVAILABLE AND EXPENDITURES 
 
COMPARED TO BUDGET 
 
BUDGET FUND 
 
B 
 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION 
 
3 
 
C 
 
"B" LOTTERY FOR EDUCATION 
 
5 
 
D RECONCILIATION OF SALARIES AND TRAVEL 
 
7 
 
SECTIONll AUDITEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
 CLAUDE L. VICKERS 
STATE AUDITOR (404) 656-2174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.w., Suite 214 
Atlanta, Georgia 30334-8400 
August 21, 1998 
 
Honorable Zell Miller, 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 Janet Ayers, President Carroll Technical Institute 
Ladies and Gentlemen: 
As part of our audit ofthe statutory basis financial statements ofthe State of Georgia presented in the Report ofthe State Auditor, the general purpose financial 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 Carroll Technical Institute. Accordingly, the fmancial statements and compliance activities of Carroll Technical Institute 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 Carroll Technical Institute 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 Carroll Technical Institute. However, this report is a matter of public record and its distribution is not limited. 
Respectfully submitted, 
 
CLV:ds 
 
Claude L. Vickers State Auditor 
 
 SECTION I SELECTED FINANCIAL INFORMATION 
 
 CARROLL TECHNICAL INSTITUTE ANALYSIS OF CHANGES IN FUND BALANCE 
BUDGET FUND YEAR ENDED JUNE 30. 1998 
 
EXHIBIT "A" 
 
FUND BALANCE - JUNE 30 
SUMMARY OF FUND BALANCE 
Reserved Federal Financial Assistance Inventories Live Work Projects 
Surplus 
 
$ 
 
199,546.95 $ 
 
197.25 $ =====1=99=,7=44====:=.2=::0 
 
$ 
 
260.91 
 
61,940.88 
 
130,041.35 
 
7,303.81 $ 
 
$ 
 
199,546.95 $ 
 
- 1- 
 
$ 
..:..:19::.:.7..:.::.2~5 
 
260.91 61,940.88 130,041.35 
7,501.06 
 
197.25 $ =====1=99=,7=44====:=.2==0 
 
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 CARROLL TECHNICAL INSTITUTE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION YEAR ENDED JUNE 30, 1998 
 
EXHIBIT"B" 
 
FUNDS AVAILABLE REVENUES 
State Appropriations Federal Revenues Other Revenues Retained 
CARRY-OVER FROM PRIOR YEAR Transfer from Reserved Fund Balance 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 6,509,740.00 $ 6,509,740.00 $ 
 
1,073,815.00 
 
820,320.87 
 
2,516,996.00 2,125,315.94 
 
$ 10,100,551.00 $ 9,455,376.81 $ 
 
0.00 -253,494.13 -391 ,680.06 
-645,174.19 
 
0.00 
 
134,530.46 
 
134,530.46 
 
$ 10,100,551.00 $ 9,589,907.27 $ 
 
-..;;.5..;....;10;.:.;,64;;"";",,;;.;3.;.,;,,.73~ 
 
EXPENDITURES 
Personal Services-Institutions Operating Expenses-Institutions Adult Literacy Grants Job Training Partnership Act 
 
$ 6,336,124.00 $ 6,184,648.86 $ 
 
2,656,586.00 2,437,969.61 
 
714,425.00 
 
674,085.47 
 
393,416.00 
 
158,672.87 
 
151,475.14 218,616.39 
40,339.53 234,743.13 
 
$ 10,100,551.00 $ 9,455,376.81 $ _ _~64...;5~1,_7__4_._1_9~ 
 
Excess of Funds Available over Expenditures 
 
$ 134,530.46 $ ======134===::!:::,5=3=0.=46= 
 
-3- 
 
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 CARROLL TECHNICAL INSTITUTE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"B" LOTIERY FOR EDUCATION YEAR ENDED JUNE 30. 1998 
 
EXHIBIT"C" 
 
FUNDS AVAILABLE REVENUES 
State Appropriations 
EXPENDITURES Equipment-Technical Institutes 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 65,423.00 $ 65,423.00 $ - - - - -0.-00 
 
$ 65,423.00 $ 65,423.00 $ 
 
. . ; 0. ;. ; .0. . ; . 0 
 
Excess of Funds Available over Expenditures 
 
$ 
 
0.00 $=======0.=00= 
 
- 5- 
 
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 CARROLL TECHNICAL INSTITUTE RECONCILIATION OF SALARIES AND TRAVEL 
YEAR ENDED JUNE 30,1998 
 
EXHIBIT"D" 
 
Totals per Annual Supplement 
Accruals June 30,1998 June 30, 1997 
 
SALARIES 
 
TRAVEL 
 
$ 5,494,210.08 $ 69,314.35 
 
42,192.57 -23,819.40 
 
$ 5,512,583.25 $ 69,314.35 
 
-7- 
 
 SECTIONll AUDlTEE'S RESPONSE TO PRIOR YEAR FINDINGS AND QUESTIONED COSTS 
 
 CARROLL TECHNICAL INSTITUTE AUDITEE'S RESPONSE 
SUMMARY SCHEDULE OF PRIOR YEAR FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 1998 
 
PRIOR YEAR FINANCIAL STATEMENT FINDINGS AND QUESTIONED COSTS 
 
FINDING CONTROL NUMBER AND STATUS 
 
FS-826-97-01 . FS-826-97-02 FS-826-97-03 
 
Previously Reported Corrective Action Implemented Previously Reported Corrective Action Implemented Previously Reported Corrective Action Implemented 
 
PRIOR YEAR FEDERAL AWARD FINDINGS AND QUESTIONED COSTS 
 
FINDING CONTROL NUMBER AND STATUS 
 
FA-826-97-01 
 
Previously Reported Corrective Action Implemented