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MANAGEMENT REPORT NOR1HWESTERN TECHNICAL INSTITIITE
ROCK SPRING, GEORGIA
AN,OR,9~rtbr-iklDM+tiiTHE STATE OF GEORGIA
STATE OF GEORGIA DEPARTMENT OF AUDITS AND ACCOUNTS
254 WASHINGTON STREET
ATLANTA, GEORGIA 30334-8400

NORTHWESTERN TECHNICAL INS1TIUTE. MANAGEMENT REPORT - TABLE OF CONTENTS -

LEITER OF TRANSMITIAL

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

w. RUSSELL HINTON
STATE AUDITOR
(404) 656-2174

DEPARTMENT OF AUDITS AND ACCOUNTS
254 Washington Street, S.W., Suite 214 Atlanta, Georgia 30334-8400
August 18, 1999

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 Ray Brooks, President Northwestern Technical Institute
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 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 of and for the year ended June 30, 1999, we have performed certain audit procedures at Northwestern Technical Institute. Accordingly, the financial statements and compliance activities of Northwestern 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 Northwestern Technical Institute as of and for the year ended June 30, 1999. The particular information provided is enumerated in the Table of Contents.
This report is intended solely for the information and use of management and members of the Local Board ofDirectors ofNorthwestern Technical Institute and is not intended to be and should not be used by anyone other than these specified parties.
Respectfully submitted,

RWH:jb

~W-~ Russell W. Hinton State Auditor

SELECTED FINANCIAL INFORMATION

NORTHWESTERN TECHNICAL INSTITUTE ANALYSIS OF CHANGES IN FUND BALANCE
BUDGET FUND YEAR ENDED JUNE 30, 1999

FUND BALANCE - JULY 1, 1998
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, 1998
Refund to Grantor Georgia Department of Technical and Adult Education - Administrative Central Office Federal Financial Assistance
Reserved Fund Balance Carried Over from Prior Year as Funds Available

A
DEPARTMENT OF TECHNICAL AND ADULT EDUCATION

B LOTTERY FOR
EDUCATION

TOTAL

$

8,602.49

$

8,602.49

2178.40 $

74.93

2.253.33

$

10.780.89 $

74.93 $

10.855.82

$

110.43

$

110.43

12,993.51 $

16.35

12,993.51 16.35

$

13103.94 $

16.35 $

13.120.29

$

2,178.40 $

74.93 $

2,253.33

51.83

51.83

81550.66

81550.66

$

10.700.09 $

74.93 $

10.855.82

FUND BALANCE- JUNE 30, 1999

$

13103.94 $

16.35 $

13,120.29

SUMMARY OF FUND BALANCE
Reserved Federal Financial Assistance For Refund to Georgia Department of Technical and Adult Education -Administrative Central Office For Continuation of Programs Live Work Projects State Grants and Contracts
Surplus

$

236.21

10,019.95

463.09

157.04

2.227.65 $

s________ 13,103.94 $

$ 16.35

236.21 10,019.95
463.09 157.04 2.244.00

16.35 $

131120.29

- 1-

NORTHWESTERN TECHNICAL INSTITUTE SCHEDULE OF FUNDS AVAILABl.:.E AND EXPENDITURES
COMPARED TO BUDGET BUDGET FUND
A DEPARTMENT OF TECHNICAL AND ADULT EDUCATION YEAR ENDED JUNE 30, 1999

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)

$ 3,934,483.00 $ 3,934,483.00 $

1,243,847.00

924,884.71

1,603,131.00 1,439,482.85

$ 6,781,461.00 $ 6,298,850.56 $

0.00 -318,962.29 -163,648.15
-482,610.44

0.00

8,550.66

8,550.66

___ __ $ 6,781,461.00 $ 6,307,401.22 $

-47...4....,.0., 59.78

EXPENDITURES Personal Services-Institutions Operating Expenses-Institutions Adult Literacy Grants Job Training Partnership Act
Excess of Funds Available over Expenditures

$ 4,371,3TT.OO $ 1,562,908.00 I 482,953,00 364,223.00

4,241,245.10 $ 1,293,671.61
467,473.02 292,017.98

130,131.90 269,236.39
15,479.98 72,205.02

--------- $ 6,781,461.00 $ 6,294,407.71 $

487,053.29

$

12,993.51 $ ====1=2,9=93=.5=1

-2-

NORTHWESTERN TECHNICAL INSTITUTE SCHEDULE OF FUNDS AVAILABLE AND EXPENDITURES
COMPARED TO BUDGET BUDGET FUND
"B" LOTTERY FOR EDUCATION YEAR ENDED JUNE 30, 1999

EXHIBIT"C"

FUNDS AVAILABLE REVENUES
State Appropriations
EXPENDITURES Equipment-Technical Institutes
Excess of Funds Avallable over Expenditures

BUDGET

ACTUAL

VARIANCEFAVORABLE (UNFAVORABLE)

- - - - - - $ 121,000.00 $ 121,000.00 $

0.00

- - - - - - $ 121,000.00 $ 120,983.65 $

-16.35

$

16.35 $.....:===-=--==-1=6..3..5=

-3-

NORTHWESTERN TECHNICAL INSTITUTE RECONCILIATION OF SALARIES AND TRAVEL
YEAR ENDED JUNE 30, 1999

EXHIBITo

Totals per Annual Supplement
Accruals June 30, 1999 June 30, 1998

SALARIES

TRAVEL

$ 3,903,411.96 $

82,114.11

45,707.42 -36,722.25

1,398.56

$ 3,912,397.13 $ =====8=3'==51=2=.6=7

-4-