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MANAGEMENT REPORT OGEECHEE TECHNICAL COLLEGE 
STATESBORO, GEORGIA 
AN ORGANIZATIONAL UNrr OF THE STATE OF GEORGIA YEAR ENDED JUNE 30, 2001 
Russell W. Hinton State Auditor 
 
 OGEECHEE TECHNICAL COLLEGE MANAGEMENT REPORT - TABLE OF CONTENTS - 
 
LEITER OF TRANSMITTAL 
 
SELECTED FINANCIAL INFORMATION 
 
EXHIBITS 
 
A ANALYSIS OF CHANGES IN FUND BALANCE 
 
BUDGETFUND 
 
1 
 
SCHEDULESOFFUNDSAVAILABLEANDEXPENDITURES 
 
COMPARED TO BUDGET 
 
BUDGET FUND 
 
B 
 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION 
 
2 
 
C 
 
"B" LOTTERY FOR EDUCATION 
 
3 
 
D RECONCILIATION OF SALARIES AND TRAVEL 
 
4 
 
 RussELL W. H1NTON 
STATE AUDITOR 
(404) 6562174 
 
DEPARTMENT OF AUDITS AND ACCOUNTS 
254 Washington Street, S.W.. Suite 214 Atlanta, Georgia 30334-8400 
September 21, 2001 
 
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 Stephen A. Deraney, President Ogeechee Technical College 
Ladies and Gentlemen: 
As part of our audit ofthe statutory basis financial statements ofthe State ofGeorgia presented in the State ofGeorgia Report ofthe State Auditor, the general purpose financial statements ofthe 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 of and for the year ended June 30, 2001, we have performed certain audit procedures at Ogeechee Technical College. Accordingly, the financial statements and compliance activities of Ogeechee 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 Ogeechee Technical College as of and for the year ended June 30, 2001. 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 ofDirectors ofOgeechee Technical College and is not intended to be and should not be used by anyone other than these specified parties. 
Respectfully submitted, 
 
RWH:gp 
 
~:i;~!an- ~ 
State Auditor 
 
 SELECTED FINANCIAL INFORMATION 
 
 OGEECHEE TECHNICAL COLLEGE ANALYSIS OF CHANGES IN FUND BALANCE 
BUDGET FUND YEAR ENDED JUNE 30, 2001 
 
EXHIBIT"A" 
 
FUND BALANCE - JULY 1, 2000 
Reserved Surplus 
ADDITIONS 
Adjustments to Prior Year's Accounts Payable Excess of Funds Available over Expenditures 
Exhibit "B" Exhibit "C" 
DEDUCTIONS 
Unreserved Fund Balance (Surplus) Returned to Georgia Department of Technical and Adult Education - Administrative Central Office Year Ended June 30, 2000 
Adjustments to Prior Year's Accounts Receivable 
Refund to Grantor Federal Financial Assistance Georgia Department of Technical and Adult Education - Administrative Central Office 
Reserved Fund Balance Carried Over from Prior Year as Funds Available 
 
"A" DEPARTMENT OF 
TECHNICAL AND ADULT EDUCATION 
 
"B" LOTTERY FOR 
EDUCATION 
 
$ 
 
115,507.45 
 
287.50 $ 
 
1 885.00 
 
$ 
 
115 794.95 $ 
 
1,885.00 
 
$ 
 
171.03 $ 
 
5,442.05 
 
8,770.75 0.00 
 
$ 
 
8,941.78 $ 
 
5,442.05 
 
$ 
 
287.50 $ 
 
1,885.00 
 
332.00 
 
26.00 
 
7,914.26 
 
$ 
 
8,559.76 $ 
 
1.885.00 
 
FUND BALANCE - JUNE 30, 2001 
 
$ 
 
116,176.97 $-==-========5==,4=4=2=.0=5 
 
SUMMARY OF FUND BALANCE Reserved Inventories Live Work Projects 
Surplus 
 
$ $ 
$ 
- 1- 
 
107,569.09 8,398.43 
 
s_ _ _ 115,967.52 209.45 
 
__,;s;;.,.,4~42.....;;.o..5.... 
 
116,176.97 $ =-===-...5_,.4..,4_2_.o..,5 
 
 OGEECHEE TECHNICAL COLLEGE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"A" DEPARTMENT OF TECHNICAL AND ADULT EDUCATION YEAR ENDED JUNE 30, 2001 
 
EXHIBIT "B" 
 
FUNDS AVAILABLE REVENUES 
State Appropriations Federal Revenues Other Revenues Retained 
CARRY-OVER FROM PRIOR YEAR Transfer from Reserved Fund Balance 
EXPENDITURES Personal Services-Institutions Operating Expenses-Institutions Adult Literacy Grants Job Training Partnership Act Capital Outlay 
Excess of Funds Available over Expenditures 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 5,409,498.00 $ 5,409,498.00 $ 1,452,265.58  1,213,384.43 2,576,553.00 2,526,749.05 
$ 9,438,316.58 $ 9,149,631.48 $ 
 
0.00 -238,881.15 
-49,803.95 
-288,685.10 
 
0.00 
 
7,914.26 
 
7 914.26 
 
$ 9,438,316.58 $ 9,157,545.74 $ _ _-_28_0....:..,7_7_0_.8_4 
 
$ 7,002,681.08 $ 6,815,073.97 $ 
 
1,707,096.50 1,623,941.78 
 
532,827.00 
 
514,048.61 
 
88,633.00 
 
88,631.63 
 
107,079.00 
 
107,079.00 
 
187,607.11 83,154.72 18,778.39 1.37 0.00 
 
$ 9,438,316.58 $ 9,148,774.99 $ _ _.:.2.c.;89:,!_,5:;_4._._1.:.:;.5..:.9 
 
$ 
 
8,770.75 $ =====8=-7=7=0=7..5... 
 
-2- 
 
 OGEECHEE TECHNICAL COLLEGE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES 
COMPARED TO BUDGET BUDGET FUND 
"B" LOTTERY FOR EDUCATION YEAR ENDED JUNE 30, 2001 
 
EXHIBIT"C" 
 
FUNDS AVAILABLE REVENUES 
State Appropriations 
EXPENDITURES Equipment-Technical Institutes 
Excess of Funds Available over Expenditures 
 
BUDGET 
 
ACTUAL 
 
VARIANCEFAVORABLE (UNFAVORABLE) 
 
$ 305,792.00 $ 305,792.00 $ - - - - -0.0-0 
 
$ 305,792.00 $ 305,792.00 $ _ _ _ _ _0._00_ 
 
$ 
 
0.00 $=====0..0..0... 
 
-3- 
 
 OGEECHEE TECHNICAL COLLEGE RECONCILIATION OF SALARIES AND TRAVEL 
YEAR ENDED JUNE 30, 2001 
 
EXHIBIT"D" 
 
Totals per Annual Supplement 
Accruals June 30, 2000 June 30, 2001 
 
SALARIES 
 
TRAVEL 
 
$ 6,040,405.98 $ 
 
81,137.21 
 
-107,319.65 74,361.88 
 
$ 6,007,448.21 $ =====8==1,.1.3.=7=.2=1 
 
-4-