- Collection:
- Georgia Government Publications
- Serial:
- Financial report for the year ending June 30 ... / University System of Georgia.
- Title:
- University System of Georgia financial report for the year ended June 30, 1948
- Creator:
- University System of Georgia. Board of Regents
- Publisher:
- Athens, Ga. : University System of Georgia. Board of Regents
- Date of Original:
- 1948-06-30
- Subject:
- University System of Georgia--Finance--Periodicals
University System of Georgia--Statistics
University System of Georgia
Finance
Periodicals
Statistics - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- annual reports
- Type:
- Text
- Format:
- application/pdf
- Description:
- Annual financial report of the University System of Georgia.
- External Identifiers:
- Call Number GA U500.R4 S1 F5 1947-48
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bu500-pr4-bs1-bf5-b1947-h48
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bu500-pr4-bs1-bf5-b1947-h48
- Language:
- eng
- Extent:
- 290 pages
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
UNIVERSITY SYSTEM OF GEORGIA
FINANCIAL REPORT
FOR THE YEAR ENDED J U N E 30, 1948
Regents of the University System of Georgia 20 Ivy Street, S. E. Atlanta, Georgia
REGENTS, UNIVERSITY SYSTEM OF GEORGIA
*
20 IVY STREET, S. E. - ROOM 400 - A T L A N T A
A
\Jl
State at Large Mrs. William Healey
&
- January 1, 1953
State at Large Albert S. Hardy h
February 26, 1945 - January 1, 1951
State at Large
Frank M. Spratlin January 1, 1946 - January 1, 1953
State at Large
Hughes Spalding January 10, 1949 - January 1, 1956
State at Large
Carey Williams January 10, 1949 - January 1, 1955
First
Janes Peterson January 10, 1949 - January 1, 1955
Second
H. L. Wingate January 1, 1947 - January 1, 1954
11
Third
Cason J. Callaway January 1, 1944 - January 1, 1951
Fourth $j|
Robert 0. Arnold January 10, 1949 - January 1, 1956
Fifth
Rutherford L. Ellis January 1, 1947 - January 1, 1954
Sixth
Miller R. Bell January 1, 1943 - January 1, 1950
Seventh
Roy N. Emmet January 1, 1945 - January 1, 1952
Eighth
Francis Stubbs, Sr. January 10, 1949 - January 1, 1950
Ninth
Sandy Beaver January 1, 1945 - January 1, 1952
Tenth
William S. Mor ri s January 1, 1944 - January 1, 1951
2774 Andrews Dr., NW, Atlanta
Gainesville 78 Marietta St. ,NW,
Atlanta 434 Trust Co. of Ga. Bldg.,
Atlanta Greensboro
Soperton
307 Bibb Building,
Hamilton /
Covington
P. 0. Box 1111, Atlanta
Milledgevilie
Cedartown
Bouglas
Gainesville
Augusta
OFFICERS OF THE BOARD OF REGENTS
Chairman. ..... ..... Hughes Spalding Vice Chairman........... Miller R. Bell Chancellor.......... Harmon W. Caldwell Assistant to the Chancellor.John E. Sims Vice Chancellor......... Harry L. Frown Executive Secretary...... L. R. Siebert Treasurer.............. W. Wilson Noyes
TABLE OF CONTENTS
SUMMARY. .:? V .
.......... . .......... .........................
6-11
CONSOLIDATED STATEMENTS. . . . . . . . . . . . . . . ....................... ..
12-21
UNIVERSITY SYSTEM OP GEORGIA - GENERAL ACTIVITIES. . . . . . . . ................. 2 2 - 2 6
THE UNIVERSITY OP GEORGIA ATHENS........ . . . . . . . . . . . . . . . . . . . .
27-73
THE UNIVERSITY OP GEORGIA - SAVANNAH DIVISION SAVANNAH. . ........ ..
75-81
THE UNIVERSITY OP GEORGIA - ATLANTA DIVISION ATLANTA. . . . ..................... 8 3 - 9 0
GEORGIA SCHOOL OP TECHNOLOGY ATLANTA. ............................................ 91-111
UNIVERSITY OP GEORGIA SCHOOL OP MEDICINE AUGUSTA. ................................ 113-124
NORTH GEORGIA COLLEGE DAHLONEGA ............................................. ..
125-136
GEORGIA STATE COLLEGE FOR WOMEN MILLEDGEVILLE ................................ .
137-150
GEORGIA TEACHERS COLLEGE STATESBORO . . . . . . . . . . . . . . . . . . . . . . 151-160
GEORGIA STATE WOMANS COLLEGE, VALDOSTA . . . . . . . . . . . . . . ............... 161-170
GEORGIA SOUTHWESTERN COLLEGE, AMERICUS . . . . . . . . . . . . . . ............... 171-178
WEST GEORGIA COLLEGE, CARROLLTON . . . . . . . . . . . . . . . .......... . . . . 179-188
MIDDLE GEORGIA COLLEGE, COCHRAN. . . . . . . . . . . . . . . . . . . . . ........ 189-197
SOUTH GEORGIA COLLEGE, DOUGLAS . . . . . . . . . . . . . . . . . . . . . . . . . 199-206
ABRAHAM BALDWIN AGRICULTURAL COLLEGE, TIPTON ....................................... 207-217
GEORGIA EXPERIMENT STATION, EXPERIMENT . . . . . . . . . . . . . ........ . . . . 219-225
GEORGIA COASTAL PLAIN EXPERIMENT STATION, TIPTON . . . . . . . . . . . . . . . . . 227-232
AGRICULTURAL EXTENSION SERVICE, ATHENS ........................................... . 233-241
ALBANY STATE COLLEGE, A L B A N Y ..................... ..
243-252
PORT VALLEY STATE COLLEGE, PORT VALLEY
. . . . . . . . . . . . . . . . . . . . 253-266
GEORGIA STATE COLLEGE, SAVANNAH, . . . . . . . . . . . . . . . . . . . . . . . . 267-277
SUMMARY
The financial report contained herein pertains to the financial operations of all of the units of the University System of Georgia for the fiscal year ended June 30, 1948. All statements and schedules have been prepared on a cas receipts and disbursements basis with the exception of the balance sheets, wherein all known assets and liabilities are included.
EDUCATIONAL AND GENERAL
Income - During 1947-48 the University System realized income for Edu cational and General operations in the amount of $14,858,978. In addition to this, the Regents allocated $3,869,294 to the various units for capital ad ditions and improvements, making a total income from all sources for Edu cational and General purposes, $18,728,272. This compares with a total realized income during 1946-47 of $13,714,242, of which $12,942,014 was for operations and $772,228 for capital additions and improvements.
The various items of income for the past two years are compared in the following summary:
ITEM OF INCOME
1946-47
1947-48
Student Fees: Matriculation Non-Resident Tuition Summer Sessions Other Total Student Fees
Gifts, Grants and Endowment Governmental other than State
Allotment Sales and Services Other
Total Internal Income State (for operations)
Total for operations State (for capital additions)
TOTAL
$2,151,779 3,072,779 670,483 255,967
$6,151,008 511,775
1,730,898
968,066 197,919 $9,559,666 3,382,348 $12,942,014 772,228 $13,714,242
16.6% 23.7%
5.2% 2.0% 47.5% 4.0% 13.4%
7.5% 1.5% 73.9% 26.1% 100.0%
$2,520,569 3,547,532 887,623 274,618
$7,230,342 387,715
1,826,993
1,235,112 171,662
$10,851,824 4,007,154
$14,858,978 3,869,294
$18,728,272
17.0% 23.9%
6.0% 1.8% 48.7% 2.6% 12.3%
8.3% 1.1% 73.0% 27.0% 100.0%
: for the past two years are compare d in the for the year 1940-41:
SOURCE
1940-41
1946--47
1947-48
Student Fees Other Sources State (for operations)
Total for operations
$1,631,054 1,718,782 1,771,179
$5,121,015
31.8% 16,151,008 33.6% 3,408,658 34.6% 3,382,348 100,0% $12,942,014
47.5% 57,230,342 26.4% 3,621,482 26.1% 4,007,154 100.0% $14,858,978
48.7% 24,3% 27.0% 100.0%
State (for capital additions)
TOTAL
569,306
772,228
$5,690,321$13,714,242____
3,869,294 $18,728,272
A substantial increase is noted in all source of income realized during
1947-48 as compared with 1946-47; however, the percentage of the total re-
6-
presented by each source for 1947-48 remains very close to that of the previous
year. Included in student fees collected during 1947-48 is an amount of ap
ft
proximately $3,500,000 representing non-resident tuition collected from the
Veterans Administration on behalf of veteran students attending units of
the University System under the provisions of Public Laws 346 and 16. This
represents an increase of approximately $500,000 over the amount collected
from this source during the previous year.
The amounts shown as income from the State in the above summaries re present the amounts actually allocated to the various units of the University System by the Board of Regents and included in the financial reports of these units as income. The actual amount received from the State by the Board of Regents during 1947-48 was $7,865,073. This amount was composed of the fol lowing items;
Regular operations Improvements Construction of Veterinary Bldg. Construction of Textile Building Purchase of Gat Tech Bonds Univ. of Ga,, Endowment Funds Regional Council on Education Balance of 1946-47 Appropriation
TOTAL
$3,400,000 1 , 000,000 1,525,000 850,000 683,742 8,000 3,000 395,331
$7,865,073
With the receipt of the appropriation of $7,865,073 during 1947-48 and the Regents' Contingent Fund of $51,083 at July 1 , 1947, the Board of Regents had available $7,916,156 for allocation to the units of the University System, Of this available amount, the Regents allocated $7,906,648 to the units of the University System, reducing the Regents' Contingent Fund to $9,508 at June 30, 1948. The total allocation was composed of the following items:
Educational and General Operations Construction of Veterinary Medicine Bldg. Construction of Textile Building Purchase of Ga. Tech Bonds Construction of Gilbert Memorial Annex Construction of Commerce Journalism Annex Construction of Supersonic Wind Tunnel Other Capital Additions & Improvements Auxiliary Enterprises Univ. of Ga, Endowment Funds
TOTAL ALLOCATIONS
$4,007,154 1.525.000 1.025.000 683,742 106,000 298,850 59,750 170,952 22,200 8 ,000'
$7,906,648
Expenditures - During 1947-48, the University System had operating ex penditures for Educational and General purposes of $14,203,940. In addition to the operating expenditures, $3,147,229 was expended for capital additions and improvements, making the total amount expended for all Educational and General purposes $17,351,169. This represents a substantial increase over 1946-47 with total expenditures in that year amounting to $12,301,932; $11 281 738 being for operations, and $1,020,194 for capital additions and improvements.
Following is a summary of the expenditures for the year 1947-48 compared to those of the previous year;
-7-
FUNCTION
Administrative and General Student Welfare Physical Plant Library Instruction Activities Related to Instruction Research Agricultural Extension Extension Other
Total for Operations Capital Additions
TOTAL
1946-47
$1,082,111 218,984
1,439,542 350,953
4,439,299 725,981
1,017,566 1,519,854
461,117 26,331
$11,281,738 1,020,194
$12,301,932
9.6% 1.9% 1 2 .8% 3.1% 39.3% 6.4% 9.0% 13.5% 4.1% 0.3% 1 0 0 .0%
1947-48
$1,360,625 290,305
1,619,165 450,477
6,068,509 736,299
1,414,574 1,480,648
663,019 120,319 $14,203,940 3,147,229 $17,351,169
9.6% 2 .0% 11.4% 3.2% 42.6% 5.2% 1 0 .0% 10.4% 4.7% 0.9% 1 0 0 .0%
All of the items of expenditure show increases in amount over the prior year with the exception of Agricultural Extension which reflected a decrease. The most substantial increase occurred in Instructional expenditures. Ap proximately $435,000 of this increase represents instructional salaries payable at June 30, 1947, that were paid during 1947-48.
The operating expenditures for the past two years are compared in the fol lowing summary by classification of units with the operating expenditures for 1940-41:
CLASSIFICATION
1940-41
1946-47
1947-48
Senior Colleges Medical College Junior Colleges Negro Colleges Exp. Stations & Agric. General Activities
$2,909,627 167,408 350,800 283,374
Ext. 1,217,897 70,150
$4,999,256
58.2% 3.3% 7.0% 5.7% 24.4% 1.4% 100.0%
$ 7,209,298 63.9% 422,807 3.7% 591,481 5.2% 618,928 5.5%
2,308,110 20.5% 131,114 ' 1.2%
$11,281,738 100.0%
$ 9,530,506 469,741 736,625 923,776
2,358,339 184,953
$14,203,940
67.1% 3.3% 5.2% 6.5% 16.6% 1.3%
100.0%
Financial Condition - The University System ended the fiscal year with an Educational and General Surplus of $945,555 as compared with a surplus of $508,671 at June 30, 1947. The Restricted Fund Balance at June 30, 1948 was $2,955,806 as compared with $2,125,511 at June 30t, 1947. Most of this Fund Ealance represented unexpended appropriations for capital additions, which are carried as restricted funds for accounting purposes.
Following is a summary of the Educational and General Ealance sheet as of June 30, 1948, as compared with that of June 30, 1947:
ASSETS
June 30, 1947
June 30, 1948
Cash on Hand and in Banks Accounts Receivable Other Assets
Total Assets
$2,274,296 934,544 826,284
$4,035,124
$1,725,205 892,408
2,057,013 $4,674,626
8 -
-
LIABILITIES AND SURPLUS
June 30, 1947
Accounts Payable Salaries Payable Reserves Restricted Fund Balance General Surplus
Total Liabilities and Surplus
$ 47 34^ 437138 916'463
2 125 511 508 671
14,035,124
June 30, 1948
$ 57,799
715,466 2,955,806
945,555 $4,674,626
Of the Accounts Receivable at June 30, 1948, $697,974 represented amounts due from the Veterans Administration covering fees for veteran students and Veterans Guidance Centers. Included in Other Assets at June 30, 1948, are un expended building funds amounting to $1,944,786 temporarily invested in U. S. Securities. The reserves at June 30, 1948, included purchase orders outstanding, work-in-process, unearned income, and miscellaneous reserves.
AUXILIARY ENTERPRISES
Jncome - ihe University System realized income during 1947-48 from Auxiliary Enterprise operations in the amount of $5,448,870. In addition to the internal income, the Regents allocated $22,200 for Auxiliary purposes from the State Appropriation, making a total Auxiliary Enterprise income of $5,471,070.
The various sources of income for the past two years are compared in the following summary:
SOURCE
Dormitories Dining Hall Bookstore Farm Laundry Apartments Other
Total Operating Income State
TOTAL INCOME
1946-47
$ 658,509
2,525,485
1,320,702
49,631
161,026
-
-
-
-
155,803
$4,871,156
262,500
$5,133,656
1947 -48
$ 839,427 2,338,933 1,655,191 60,137 137,368 145,511 272,303
$5,448,870 22,200
$5,471,070
Expenditures - The Auxiliary Enterprise operating expenditures during 1947-48 were $5,311,316. Expenditures for capital additions and improvements during the year amounted to $331,003, making a total expenditure for all Auxiliary purposes of $5,642,319.
Following is a comparison of the Auxiliary Enterprise expenditures for the past two years:
Dormitories Dining Hall Bookstore Farm Laundry
1946-47
$ 652,450 2,468,900 1,240,255 62,912 168,658
1947 -48
$ 777,845 2,406,964 1,604,170 79,406 137,456
-9 -
1946-47
Apartments
----
Other
$ 184,319
Total Operating Expenditures $4,777,494
Capital Additions & Improvements
284,920
Total
$5,062,414
1947 -48
$ 76,804 228,671
$5,311,316 331,003
$5,642,319
Financial Condition - The University System ended the fiscal year 1947-48 with an Auxiliary Enterprise surplus of $395,668 as compared with a surplus at June 30, 1947 of $330,172.
Following is a summary of the Auxiliary Balance Sheet accounts for the past two years:
ASSETS
Cash on Hand and in Banks Accounts Receivable Other Assets
Total Assets
LIABILITIES AND SURPLUS
1946-47
$528,718 200,188 35,433
$764,339
1947 -48
$ 638,196 188,748 439,563
$1,266,507
Accounts Payable Reserves Surplus
Total Liabilities and Surplus
$233,178 200,989 330,172
$764,339
$ 100,215 770,624 395,668
$1,266,507
As explanation for the apparently large increase in "Other Assets" and "Reserves" listed above, Dining Hall and Bookstore inventories were included as assets at June 30, 1948, with an off-setting reserve. This was not included in the Balance Sheet at June 30, 1947. In addition to the reserve for inven tories included above, the reserves at June 30, 1948, included work-in-progress, reserve for sinking fund, unearned income, and miscellaneous reserves.
AGENCY FUNDS
At June 30, 1948, the University System held Agency Funds with a total Fund Balance of$405,070. This was composed of funds received and held by the various units as custodians, and consisted mostly of unexpended student activity fees, funds of student organizations and funds deposited with the institutions by students.
ENDOWMENT FUNDS
The University System held Endowment Fund Assets at June 30, 1948, totaling $1,851,904. This amount consisted ofcash, $63,786; and investments, $1,788,118. Following is a summary of the investments:
U. S. Securities
$ 833,340
Other Bonds
183,018
Preferred and Common Stock
112,857
10 -
Real Estate Owned University System Buildings Real Estate Mortgage
Total
$ 490,800 158,017 10,086
$1,788,118
Of the above assets, $103,895 was reserved for the purpose of the trust, and $1,748,009 represented the Fund Balance.
STUDENT LOAN FUNDS
The University System held Student Loan Fund Assets at June 30, 1948, totaling $1,751,845. This amount consisted of cash, $135,461; student notes receivable, $169,231; investment in University System Buildings,$438,686, and other investments, $1,008,467. Of these assets, $274,750 was reserved for the purpose of the trust; and $1,477,095 represented the Fund Balance.
PHYSICAL PLANT
The University System had a total of $38,872,630 invested in its Physical Plant at June 30, 1948 This investment is summarized as follows:
Land and Improvements Buildings Equipment
Total
$ 3,975,531 25,348,368 9,548,731
$38,872,630
Revenue Bonds totaling $3,213,000 were outstanding at June 30, 1948, and $509,847 was due other funds for amounts invested in buildings by Endowment and Student Loan Funds. This leaves a net investment in the Physical Plant of $35,149,783.
Appropriations for plant additions are expended from Educational and General or Auxiliary Enterprise Funds and are reflected as expenditures of those funds rather than as expenditures of Physical Plant Funds. The Physical Plant Fund referred to herein represents only the actual investment in plant. Any expended plant funds at the end of the year appears in either the Edu cational and General or Auxiliary Fund statements.
GENERAL
On the following pages of this report will be found various consolidated statements relating to the year's operations and the assets and liabilities of the University System at June 30, 1948. In addition to the consolidated statements, detailed financial reports relating to the operation of the indi vidual units of the University System may be found in this report.
James A. Blissit Chief Accountant
- 11 -
UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET
JUNE 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks Accounts Receivable Due from Other Funds Investments (Temporary)
TOTAL GENERAL FUNDS
$ 713,000.12 888,545 o01 102,143.46 15,131.25
$1,718,819.84
B. RESTRICTED Cash on Hand and in Banks Accounts Receivable Due from Other Funds Investments (Temporary)
$1,012,204.42 3,863.04
10,083.85 1,929,654.52
TOTAL RESTRICTED FUNDS
$2,955,805.83
C. AUXILIARY Cash on Hand and in Banks Accounts Receivable Due from Other Funds Investments (Temporary) Stores (Inventories)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
$ 638,196.28 188,747.83 1,638.44 10, 000.00 427,924.63
$1,266,507.18
$5,941,132.85
II. AGENCY FUNDS Cash on Hand and in Banks Accounts Receivable Due from Other Funds Investments (Temporary)
TOTAL AGENCY FUNDS
$ 395,362.46 7,993.72 4,244.55 1 , 110.00
$ 408,710.73
III. ENDOWMENT FUNDS Cash on Hand and in Banks Investments U. S. Securities Other Bonds Preferred and Common Stock Real Estate Owned University System Buildings Notes Receivable
TOTAL ENDOWMENT FUNDS
$ 63,786.09
$ 833,340.00 183,017.54 112,857.12 490,800.26 158,016.72 10,086.55
$1,788,118.19
$1,851,904.28
- 12
UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET
JUNE 30, 1948
LIABILITIES, SURPLUS AND FUND BALANCES
I- CURRENT FUNDS A. GENERAL Accounts Payable Due to Other Funds Reserve for Purchase Orders Outstanding Reserve for Work-in-Progress Reserve for Unearned Income Other Reserves General Surplus
57,799.26 11,674.89 121,725.94
238,531.63 123,557.05 219,976.23 945,554.84
TOTAL GENERAL FUNDS
-|
#i
718,819.84
Bo RESTRICTED Fund Balance
$2,955,805.83
TOTAL RESTRICTED FUNDS
$2,955,805.83
Co AUXILIARY
Accounts Payable Due to Other Funds Reserve for Purchase Orders
Outstanding
$ 25,903.06 102,774.67 74,311.44
Reserve for Work-in-Progress Reserve for Sinking Fund Reserve for Unearned Income Rese rve for Stores (Inventories) Surplus
60,866.88 102,874.75 76,183.42 427,924.63 395,668.33
TOTAL AUXILIARY FUNDS
$1,266,507.18
TOTAL CURRENT FUNDS
$5,941,132.85
II. AGENCY FUNDS Due to Other Funds Fund Balances
<$ 3 54x 00 405,069.73
TOTAL AGENCY FUNDS
$ 408,710.73
III. ENDOWMENT FUNDS Reserve for Purpose of Trust Fund Balances
$ ^03 895.08 1,748,009.20
TOTAL ENDOWMENT FUNDS
$1,851,904.28
13
UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET
JUNE 30, 1948
ASSETS (Cont'd)
IV. STUDENT LOAN FUNDS Cash on Hand and in Banks Notes Receivable Investments University System Buildings
TOTAL STUDENT LOAN FUNDS
S 135,460.83 169,231.12
1,008,466.57 438,686.44
$ 1,751,844.96
V. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 3,975,531.22 25,348,368.43 9,548,730.55
$38,872,630.20
$48,826,223.02
- 14 -
UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET
JUNE 30, 1948
LIABILITIES, SURPLUS AND FUND BALANCES (Cont'd)
IV. STUDENT LOAN FUNDS Reserve for Purpose of Trust Fund Balances
TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Due to Other Funds Bonds Payable Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES, SURPLUS AND FUND BALANCES
$ 274,750.18 1,477,094.78
1 1,751,844.96
$ 509,847.48 3,213,000.00
35,149,782.72
$38,872,630.20
$48,826,223.02
- 15 -
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAl INCOME
YEAR ENDED JUNE 30, 1948
SENIOR UNITS Univ. of Ga. - Athens
Atlanta Division Savannah Division General Extension Ga. School of Technology North Georgia College Ga. State College for Women Ga. Teachers College Ga. State Womans College
Total Senior Units
STUDENT FEES Non-Resident Summer
Matriculation Tuition
School
Other
Gifts, Governmental Grants and Other Than Endowment State Allotment
Sales and Services
Other
Total Internal
Income
For Operations
For Capital Additions
Total Income From All Sources
$ 774,212.41 $1,169,163.25 $322,599.76 $ 47,351.36 $106,516.84 $
289,731.45 503,350.
93,917.55 5,863.18
94,037.79 194,202.
604.65
31,763.13 805,342.77
44,594.45 79,105.05
1,224,249.13 50,644.12 6,400.00
288,112.96 16,626.00 20,083.25
65,777.60 71,256.41
3,283.80 22,371.95
108,046.85 5,750.00
39,987.70 102,171.58 25,146.20 11,253.67
67,445.16 5,600.00
54,024.21 14,374.50
558,892.51 $ 49,928.02 $ 3,269,960.66 $
1,463.21
894,325.61
288,845.30
15,708.01
113,248.74
408,358.41 70,950.15 3,043,761.84
372.77
121,121.14
7,027.13
194,761.59
2,287.50
195,221.15
1,815.59
43,662.68
754,490.37 $2,046,251.63 $ 6,070,702.66
65,500.00
959,825.61
50,000.00
338,845.30
26,222.49
139,471.23
402,446.56 1,768,492.20 5,214,700.60
208,000.00
329,121.14
454,638.76
7,500.00
656,900.35
85,611.19
280,832.34
123,451.28
167,113.96
$2 190.158.35 $3,253,171.16 $766,485.72 $235,236.11 $220,313.69 $ 382,740.38 $ 982,958.93 $133,844.37 $ 8,164,908.71 $2 ,170,360.65 $3,822,243,83 $14,157,513.19
MEDICAL Univ. of Ga. School >f Medicine
$ 74,453.85 $ 18,559.94
$ 215.30 $ 67,758.94 $ 5,000.00 $ 3,410.00 $ 546.00 $ 169,944.03 $ 295,459.91
$ 465,403.94
JUNIOR UNITS Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Ialdwin Agricultural College Total Junior Units
$ 23,799.27 $ 18,521.26 $ 6,091.33 $ 3,118.64
40,623.30
46,290.65 3,510.75 7,122.98
24,052.01
35,326.80 6,834.48
500.00
20,324.91
42,197.90 8,245.97 1,486.81
26.892.36
31.854.10 10,563.15
444.00 $
$ 135,691.85 $ 174,190.71 $ 35,245.68 $ 12,672.43 $
$
250.00 250.00 $
8,705.00 4,532.06
17,000.90 $ 30,237.96 $
$ 3,110.30 $ 6,703.08 2,350.00
20,876.25 1,650.53 20,876.25 $ 13,813.91 $
63,345.80 $ 108,782.82
69,063.29 72,255.59 109,531.29 422,978.79 $
64,997.60 70,554.89 50,140.79 49,473.81 $ 67,449.74 302,616.83 $
$
18.500.00 16.200.00 34,700.00 $
128.343.40 179,337.71 119,204.08 140.229.40 193.181.03 760,295.62
NEGRO UNITS Albany State College Fort Valley State College Ga. State College Total Total Negro Units
$ 19,562.99 $ 13,136.71 $ 17,804.90 $ 2,452.20
27,555.47
23,443.97 31,244.95 9,031.84 $ 7,261.93 $
73,146.49
65,029.75 36,842.08 15,009.70
$ 120,264.95 $ 101,610.43 $ 85,891.93 $ 26,493.74 $ 7,261.93 $
71,943.12 10,077.86 $ 82,020.98 $
$
269.11 269.11 $
570.00 $ 2,084.73 6,828.58 9,483.31 $
53,526.80 $ 172,566.01 207,203.57 433,296.38 $
105,198.40 169,047.16 147,216.00 $ 421,461.56 $
$
8,600.00 8,600.00 $
158,725.20 341,613.17 363,019.57 863,357.94
EXPERIMENT & EXTENSION Ga. Experiment Station Ca. Coastal Plains Experiment Station Agricultural Extension Service Total Experiment
GENERAL Central Office Agricultural Panel Construction Department Graduate Education for Negros Total General
$ 37,694.37 4,503.92
46,931.93 $ 89,130.22
$ 259,777.52 $
1 ,067,216.49 $1 ,326,994.01 $
123,987.62 $ 10,789.78 $ 432,249.29 $
103,610.16 3,119.45
111,233.53
65.16 1,114,213.58
227,597.78 $ 13,974.39 $ 1,657,696.40
123,430.01 $ 178,481.58 357,469.78 659,381.37 $
$ 3,000.00 $ 3,000.00
$
3,000.00 $ 99,752.24
4,472.00
22,713.46
30,936.08
$
3,000.00 $ 157,873.78
3,750.20 $ 559,429.50 289,715.11
1,471,683.36 3,750.20 $ 2,320,827.97
$ 102,752.24 4,472.00
22,713.46 30,936.08 $ lOU'OfO. I
GRAND TOTALS
$2 ,520,569.00 $3 ,547,532.24 $887,623.33 $274,617.58 $387,714.78 $1,826,993.33 $1,235,112.07 $171,661.98 $10,851,824.31 $4,007,154.10 $3,869,294.03 $18,728,272.44
Bsa
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
YEAR ENDED JUNE 30, 1948
SENIOR UNITS liniv. of Ga. - Athens Atlanta Division Savannah Division General Extension Ga. School of Technology North Georgia College Ga. State College for Women Ga. Teachers College Ga. State Womans College Total Senior Units
MEDICAL Univ. of Ga. School of Medicine
JUNIOR UNITS Ga. Southwestem College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agricultural College Total Junior Units
NEGRO UNITS Albany State College Fort Valley State College Ga. State College Total Negro Units
EXPERIMENT & EXTENSION Ga. Experiment Station Ga. Coastal Plains Experiment Station Agricultural Extension Service Total Experiment
GENERAL Central Office Agricultural Panel Construction Department Graduate Education for Negroes Total General
GRAND TOTALS
Administrative Student and General Welfare
Physical Plant
Library
Activiti es Belated To Instruction Instruction Research
Extension
Other
Total Operating Expendi tures
Improvements Capital
Additions
Total Expenditures
$ 204,363.80 $ 87,220.04 $ 344,069.83 $180,395.31 $1,901,909.79 $604,131. 94 $ 187,083. 18 $ 254,362.28 $ 50,584.74 $ 3,814,120.91 $ 776,777.87 $ 4,590,898.78
66,088.87
1,419.65 106,312.03 16,948.57 . 273,970.73
6,844.64
471,584.49 312,226.53
783,811.02
40,847.09 21,194.28 112,970.69 5,995.53 149,508.76
3,826.43
334,342.78
334,342.78
42,611.27
3,232.60
100,315.69 16,518. 01
162,677.57
162,677.57
250,163.26 82,396.33 462,058.63 85,663.32 1,624,753.10
461,461. 55 314,645.78 27,992.41 3,309,134.38 1,462,443.81 4,771,578.19
40,405.01 16,083.02
62,322.97 18,139.12 176,262.15
313,212.27 146,937.02
460,149.29
81,923.74 33,656.38
97,713.16 35,744.37 411,677.26
3,663. 72
24,050.54
688,429.17
44,073.32
732,502.49
38,866.01
4,781.64
29,753.81 14,504.71 179,052.15
266,958.32
5,601.64
272,559.96
26,641.88
7,622.22
20,893.25 11,426.07 103.463.33
170,046.75
7,747.39
177,794.14
$ 791,910.93 $254,373.56 $1,239,326.97 $368,817.00 $4,920,912.96 $620,649. 95 $ 652,208.
599,903.24 $ 82,403.58 $ 9,530,506.64 $2,755,807.58 $12,286,314.22
$ 25,584.31
$ 44,189,42$ 8,270.62$ 236,060.60$ 81,674.66 $ 73,361.57 $
600.00
$ 469,741.18 $ 21,000.00 $ 490,741.18
$ 31,756.70 29,703.37 25,937.83 25,316.13 20,097.07
s 132,811.10
$ 4,328.79 $ 2,518.82
7,548.50 t 14,396.11 $
18,246.22 $ 4,100.23 $ 33,390.24 8,907.20 19,130.15 5,798.01 18,427.65 4,868.47 28,825.37 6,508.70 U,Uiy.63 J 30,182.61
74,421.82 90,515.55 68,688.52 90,226.72 68,692.78 $ 27,248.67 392,545.39 $ 27,248.67
$ 4,419.75
17,000.90 $ 21,420.65
$ 132,853.76 $ 10,306.04 $
169,454.93
27,612.01
119,554.51
34,403.08
138,838.97
56,343.03
175,921.99
56,254.33
r~ 736,624.16 $ 184,918.49 $
143,159.80 197,066.94 153,957.59 195,182.00 232,176.32 921,542.65
$ 25,723.56 $ 1,608.33 $ 26,166.78 $ 13,475.51 $ 108,920.27
53,784.09 $ 8,855.37
61,014.16 10,328.09 163,432.71 $ 6.725.41
54,376.21 11,071.56
77,906.94 11,065.46 246,636.94 $ 6.725.41
$ 133,883.86 $ 21,535.26 $ 65.087.88 $ 34,869.06 $ 518,989.92 $ 6,725.41
$ 175,894.45 $ 11,547.80 $ 187,442.25
$ 32,776.68 $ 1,589.63
331,780.73
14,919.20
346,699.93
8,318.07
416,100.59
54,157.36
470,257.95
$ 41,094.75 $ 1,589.63 $ 923,775.77 $ 80,624.36 $ 1,004,400.13
$ 29,468.55 19,668.66 78,669.95
127,807.16
$ 28,922.48 $ 5,210.35 23,618.82 3,127.48
$ 452,691.59 236,312.92
__________________________ _______________________________ $1,480,648.23
S 52,541.30 $ 8,337.83_________________________$ 689,004.51 $1,480,648.23
$ 516,292.97 $ 83,283.27 $ 599,576.24
282,727.88
21,594.74
304,322.62
1,559,318.18________________ 1,559,318.18
$2,358,339.03 $ 104.878.01 $ 2.463.217.04
$ 111,925.51 12,827.98 23,874.04
S 148,627.53
$ 5,220.95 $
31,105.03 $ 36,325.98 $
117,146.46 12,827.98 23,874.04 31,105.03
184.953.51
$ 117,146.46 12,827.98 23,874.04 31,105.03
$ 184.953.51
$1,360,624.89 $290,304.93_$l_;61^L65;20_$450^477^jj_$60 6 8 ^ 0 ^ 87 $736,298.69 $1,414,574.53 $2,143,666.87 $120,319.19 $14,203,940.29 $3,147,228.44 $17,351,168.73
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AUXILIARY ENTERPRISE INCOME
YEAR ENDED JUNE 309 1948
Dormitories Dining Hall Bookstore
SENIOR UNITS Uni v. of'Ga," Athens Atlanta Division Savannah Division Ga . School of Technology North Georgia College Ga. State College for Women Ga. Teachers College Ga. State Womans College Total Senior Units
$219,565.99 $ 477,10236 $ 434,074.41 82,331.80
28,175.53
50,780.26
88,131.65
238,812.16 29,908.75
104,982 46 36,628.05
371,743.11 130,657.14 379,821.65 159,146.74
777,106.36 21,322.08 36,656,90 35,311.80
27,547.60
74,742.30
t68s'.620.54 tl,643,993 56 $1,474,935.00
MEDICAL Univ-o of Ga. School of Medicine
$ 27,564.65
JUNIOR UNITS Ga. Southwestern College
West Georgia College Middle Georgia Ccllege South Georgia College Abraham Baldwin Agric. College
Total Junior Units
$ 14,902.55 $ 30,426.39 21,102.53 14,958.80 24,813.58
$106,203.85 $
59.519.39 $ 109,102.11
75,637.36 88,388.13 96.751.40 429,398.39 $
16,641.12 19,447.55 14,147.03 14,104.84 21,265.51 85,606.05
NEGRO UNITS Albany State College Fort Valley State College Georgia State College Total Negro Units
GRAND TOTALS
$ 13,138. 20 $ *65,543.87 S
14,041.53
97,616.48
20 !422.90 102,380.48
$ 47* 602.63 $ 265,540.83 $
8,117.20 19,915.41 39,052.65 67,085.26
fB39.427.02 $2,338,932.78 >1,655,190.96
- 18 -
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AUXILIARY ENTERPRISE INCOME
YEAR ENDED JUNE 30, 1948
Farm
Laundry Apartments
Other
Total Internal
Incane
State Allotment
Total Income
$22,310.00 8,559.48
$30,869.48
$ 76,764.61
45,061.11 $121,825.72
$ 9,458.12 124,582.92 7,852.67
3,617.25
$145,510.96
$ 67,523,38 51,474.56 2,385.09 34,813.72 33,576.50 7,684.95
36,444.58 $233,902.78
;11,275,030.75 133,806.36 178,930.65
1,547,058.27 245,627.14 574,207.07 243,263.32 138,734.48 $ 6.200.00
$4,336,658.04 $ 6,200.00
$1,275,030.75 133,806.36 178,930.65
1,547,058.27 245,627.14 574,207.07 243,263.32 144,934.48
$4,342,858.04
$ 15,822.83 1J 43,387.48
$ 43,387.48
$ 7,599.78 4,412.50 350.00
$12,362.28
$ 4,344.60 15 95,407.66
$ 95,407.66
8,365.36 174,941.19
174,941.19
115,299.42
115,299.42
3,600.00 121,401.77
121,401.77
142,830.49 $16,000.00 158,830,49
$ 16,309.96 1> 649,880.53 $16,000.00 $ 665,880.53
$10,017.04 $ 5,315.02 6,888.29 10,227.20
$16,905.33 $ 15,542.22
$ 5,000.00 $! 91,799.27 1,226.00 148,131.48 41.41 179,012.93
$ 6,267.41 I1 418,943.68
$ 91,799.27 148,131.48 179,012.93
$ 418,943.68
$60,137.09 $137,367.94 $145,510.96 $272,302.98 $5,448,869.73 $22,200.00 $5,471,069.73
- 19 -
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AUXILIARY ENTERPRISE EXPENDITURES
YEAR ENDED JUNE 30, 1948
Dormi tori es Dining Hal 1 Bookstore
SENIOR UNITS Univ. of Ga. - Athens Atlanta Division Savannah Division Ga. School of Technology North Georgia College Ga. State College for Women Ga. Teachers College Ga. State Womans College Total Senior Units
$201,445. 30 $ 632,007. 79 $ 370,206. 06 85,632. 45
16,398. 67
73,019. 35 115,399. 27
192,270. 65
370,677.,98
774,701. 75
26,876. 00
123,677. 49
18,338. 35
107,143. 54 332,276.,69
32,359. 98
29,641c,16 135,114,,35
30,755. 58
35,215.,81
65,922,,10
$608,991,.13 $1,732,695 .75 $1,427,393. 44
MEDICAL Univ. of Ga. School of Medicine
$ 21,918.55
JUNIOR UNITS Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agricultural Co Total Junior Units
$ 23,303.03 $ 25,801.99 20,715.67 21,439.00
:ge20,336.13 $111,595.82 $
58,723.01 $ 104,758.83
74,400.40 79,776.29 94,256.32 411,914.85 $
17,991.71 17,234.38 10,279.92 14,378.25 20,050.52 79,934.78
NEGRO UNITS Albany State College Fort Valley State College Georgia State College Total Negro Units
GRAND TOTAL
$ 11,626.02 $ 10,405.89 35,226.01
$ 57,257.92 $
66,716.80 $ 92,387.82 103,248.51 262,353.13 $
9,947.97 16,929.78 48,045.33 74,923.08
$777,844.87 $2,406,963.73 $1,604,169.85
- 20
UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AUXILIARY ENTERPRISE EXPENDITURES
YEAR ENDED JUNE 30, 1948
Farm
Laundry Apartments Other
Total
Improvements
Operating and Capital
Total
Expenditures Additions Expenditures
$89,767.27
$28,645.77 7,673.65
32,371.85
$ 2,250.11 61,308.57 7,852.67
5,392.50
$36,319.42 $122,139.12 $76,803.85
$ 64,600.39 24,364.53 5,371.23 60,257.28 40,305.86 5,149.62
$200,048.91
$1,358,026.81 109,996.98 212,438.63
1,459,216.23 245,696.14 509,301.68 208,577.24 101,137.91
$4,204,391.62
$ 47,626.54 60,491.34
51,229.77 $159,347.65
$1,358,026.81 109,996.98 212,438.63
1,459,216.23 293,322.68 569,793.02 208,577.24 152,367.68
$4,363,739,27
$ 21,640 44 $ 43,558.99
$ 43,558.99
$ 9,806.11 3,840.29 36.95
$13,683.35
$ 100,017.75 $ 13,072.06 $ 113,089.81
$ 6,981.44
164,582.75
164,582.75
109,236.28
109,236.28
115,630.49 3,600.00 119,230.49
134,642.97 6,263.13 140,906.10
$ 6,981.44 $ 624,110.24 $ 22,935.19 T 647,045.43
$15,295.83 $ 5,394.93 14,107.38 9,922.46
$29,403.21 $ 15,317.39
$ 88,290.79 $ 16,584.39 $ 104,875.18
140,414.25 132,136.32 272,550.57
210,549.69
210,549.69
$ 439,254.73 $148,720.71 $ 587,975.44"
$79,405.98 $137,456.51 $76,803.85 $228,670.79 $5,311,31.5.58 $331,003,55 $5,642,319.13
- 21
UNIVERSITY SYSTEM OF GEORGIA REGENTS ALLOTMENT ACCOUNT
BALANCE SHEET For Year Ended June 30, 1948
ASSETS
GENERAL Cash in Banks Due from Institutions
TOTAL ASSETS
LIABILITIES
Due to Institutions on Allotment General Surplus TOTAL LIABILITIES & SURPLUS
$ 9,507,98 32 876.68
$42,384.66
$16,070.64 26,314.02
$42,384.66
c*
- 23
UNIVERSITY SYSTEM OF GEORGIA
REGENTS ALLOTMENT ACCOUNT
STATEMENT OF RECEIPTS & DISBURSEMENTS For Year Ended June 30, 1948
RECEIPTS
State of Georgia
Regular Operations
$3,400,000.00
Improvements
1 ,000,000.00
Veterinary Medicine Building
1,525,000.00
Textile Building
850,000.00
Balance Allotment
395,330.63
Purchase of Burge Apts. - Georgia Tech 683,742.20
University of Georgia Endowment Funds
8 ,000.00
Regional Council on Education
3,000.00
Total State of Georgia Units of University System
Revenue Collections Return of Surplus (1946-47)
TOTAL RECEIPTS
$ 7,865,072.83
9,794,437.50 473,911.00
$18,133,421.33
DISBURSEMENTS To Units for Educational and General
$14,911,054.43
Purpose s To Units for Auxiliary Purposes To University of Georgia for Veterinary
. 2 2 ,2 00.00 1,525,000.00
Building To Georgia Tech for Textile Building
1,025,000.00
To Georgia Tech for Burge Apartments
683,742.20
To University of Georgia for Endowment Funds 8,000.00
TOTAL DISBURSEMENTS Excess of Receipts over Disbursements Cash Balance July 1 , 1947
Cash Balance June 30, 1948
$18,174,996.63
$ 41,575-90
51,083.28
$
9,507.98
24
BALANCE SHEET For Year Ended June 30, 1948
GENERAL Cash in Banks
TOTAL GENERAL FUNDS RESTRICTED
Cash in Banks
TOTAL RESTRICTED FUNDS
TOTAL ASSETS
ASSETS
$497.32 $551.06
$497.32 $551.06
$1,048.38
GENERAL Purchase Order Outstanding
TOTAL GENERAL RESTRICTED
Fund Balance
TOTAL RESTRICTED FUNDS
TOTAL LIABILITIES
LIABILITIES $497.32 $551.06
$497.32 $551.06
$1,048.38
25
UNIVERSITY SYSTEM OF GEORGIA GENERAL ACTIVITIES
STATEMENT OF EDUCATIONAL & GENERAL INCOME For Year Ended June 30, 1948
Source
General
Restricted Total
Income _____Income Income
GOVERNMENTAL
Stateo Georgia for:
Regents' Central Office
$111,428.83
Less Return of Surplus (1946-47) l i , 676. 59
Construction Department
23,974,04
Less Return of Surplus (1946-47)
1 , 2 6 0 .58
Agricultural Panel
12,827.98
Less Reutrn of Surplus (1946-47)
8,355-98
Graduate Education for Negroes Less Return of Surplus (1946-47)
31,105.03 168-95
Gifts and Grants For Motion Picture
TOTAL INCOME
1157,873.78
$
3,000.00 !3,000.00
$111,428.83 11,676.59 23,974.04 1,260:58 12,827.98 8,355-98 31,105.03 168.95
3,000.00 $160,873.78
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification General Restricted
Object Classification
Personal Services
Operating Equipment & Travel Supplies Other Capital Expense & Expense Additions
ADMINISTRATIVE & GENERAL
Regents Central Office $111,925.51
Construction Department 23,874.04
Agricultural Panel Total Adm. & Gen.
12,827.98 $148,627.53
$ 85,393.59 $ 5,673.34 $12,888.60 $7,969.98
18,446.31 2,616.92 2,794.81
16.00
8,236.00 3,600.15 991.83
*$112,075.90 $11,890.41 $16,675.24 $7,985.98
OTHER Graduate Education for Negroes Motion Picture Project
TOTAL EXPENDITURES
$ 31,105.03 $5,220.95
$ 31.105.03 $5,220.95
$31,105.03 5,220.95
$36f325.98
$179,732.56 $5,220.95 $112,075.,90 $11,890.41 $53,001.22 $7,985.98
- 26 -
COMMENTS
SCOPE-
This report is made on a basis of cash receipts and disbursements, with the exception of the Balance Sheet, in which all known assets and liabilities are reflected including both accounts receivable and accounts payable.
PART -1- The University of Georgia, Athens, Georgia
EDUCATIONAL AND GENERAL
INCOME
The following table reflects the comparative income and percentages of income for Educational and General purposes for three years:
SOURCE
Studeiat Fees Endowment Feder;al State Vocat ional U. S. Navy Reseairch Clark County Sales & Service Net Gifts & Grants Rents Other Reserves Vet Guidance
______ 1945-46_____________ 1946-47
_____ 1947-48
AMOUNT
PERCENT AMOUNT
PERCENT AMOUNT
PERCENT
$ 439,094. 00 22,654. 00 70,434. 00 780,774. 00 64,790. 00 -0-
11,417. 00 938.00
64,971. 00 313. 00
5,925. 00 33,670. 00 16,243. 00
29.06 1,799,147.,00
1.50
8,800.,00
4.66 70,434..00
51.67 791,639,.00
4.29 -0-
84,095..00 -0-
76 18,770,.00
.06
2,407,.00
4.29 39,511.00
.02
1,307 .00
.39 2.23
4,000 .00 -0-
1.07 43,381.00
62.83 2,313,327. 00 66.75
31 21,220.00
.61
2.46 86,435. 00 2.49
27.65 754,490. 00 (1)21.77
2.94 -0-
.66
.08
120,802. 00 3.49
8,248. 00
.24
25,812.,00
.74
-0- (2) -0-
1.38 .04
85,297,,00 2,275..00
2.46 .07
14 -0-
4,124,,00
.12
-0-
-0-
1.51
43,528,.00
1.26
TOTALS
Si ,511,223.,00 100.00 2,863,491.00 100.00 3,465,558,.00 100.00
(1) This does not ine:lude al loca tions from the Board of Regents foir res trie te; purpo;ses as foil ows :
For Vete rin ary Medicine Bui Iding For Gilbert Memorial Annex For Commerc e Journali sm Building For Rehabi1itat ion
TOTAL
$1,525,000.00 106,000.00 298,850.00 116,402.00
$2,046,252.00
(2 ) Sales and Service;s income in the amount of $558,893.00 is bein.g deducted from the Expense: Summai*y so as to show net expens es for Sal es and Se:rvi ces
related to instruction
EXPENSES-
The following table of expenditures presents a comparison for four years, for Educational and General purposes - Athens only.
- 28 -
FUNCTION
1944-45
Administration $ General Plant Operations Library Instruction Research
Services Related
65,775.00 57,980.00 154,079.00 103,372.00 539,111.00 33,265.00
To Instr. (Net)
15,242.00
Extension
58,647.00
SUB TOTAL $1,027,471.00
Outlay
29,239,00
GRAND TOTAL $1,056,710.00
1945-46
$ 71,771.00 79,948.00
204,672.00 132,641.00 736,418.00
64,695.00
10,939.00 119,317.00 1,420,401;00
53,745.00 $1,474,146.00
1946-47
$ 106,575.00 94,886.00
305,446.00 124,441.00 1,204,733.00
91,747.00
41,243.00 155,314.00 2,124,385.00 229,527.00 ;$2,353,912.00
1947-48
$ 145,329.00 144,377.00 318,027.00 180,395.00
1,675,626.00 162,679.00
5,901.00 241,857.00 2,874,191.00 988,373.00 $3,862,564.00
owing table is a comparison of cost for four years in percentages :
FUNCTION
PERCENT 1944-45
PERCENT 1945-46
PERCENT 1946-47
PERCENT 1947-48
Administration General Plant Operations Library Instruction Research Services Related
To Instr. (Net Extension Outlay
TOTALS
6.22 5.49 14.58 9.78 51.02 3.15
1.44 5.55 2.77 100.00
4.87 5.42 13.88 9.00 49.96 4.39
74 8.09 3.65 100.00
4.53 4.03 12.97 5.29 51.18 3.90
1.75 6.60 9.75 100.00
3.76 3.74 8.23 4.67 43.38 4.21
16 6.26 25.59 100.00
le is a study of instructional cost by school;s and colleges.
summer quarter. The figures for the school of Education include Vocational Agricultural Teacher Training, Vocational Home Economics Teacher Training, Practice School and Physical Education. The cost of Dean of Faculties Office is prorated among all schools.
SCHOOL
1 - Agriculture 2 - Arts & Science 3 - Business Admn. 4 - Education 5 - Forestry 6 - Graduate 7 - Home Economics 8 - Journalism 9 - Law 10 - Military 11 - Pharmacy 12 - Veter inary Medicine
TOTALS
1944-45
1945-46
1946-47
1947-48
$ 79,048,.88 $102,990,.30 237,253,.12 337,115.,27
188,107..29 $ 222,309..00 534,635,.23 706,150..00
23,896..71 37,470.,54
65,240..63 112,467.,00
109,223..16 124,500.,25 171,817.,62 214,292.,00
6,650..69 9,767..99
23,641.,55
32,759.,00
8,751..15 10,210.,32
26,176.,76
38,547.,00
34,571.,94 36,573..62
51,108. 79
86,483. 00
12,128. 65 14,272,.23
20,502.,37
27,580. 00
15,332.,26 17,819.,73
3,788. 86
3,920. 17
26,577.,44 4,268. 29
51,106. 00 4,683. 00
13,126. 54 12,083. 61
-0 -
-0 -
15,314. 58 24,960. 15
32,978. 00 92.023. 00
$543,771.96 $706,724.03 $1 ,152,350.70 $1,621,377.00
29 -
The following table presents a study of the number of Quarter Hours taught by each school or college
SCHOOL
1944-45
QUARTER HOURS TAUGHT 1945 -46 1946-47
1947 -48
1 - Agriculture 2 - Arts & Science 3 - Business Administration 4 - Education 5 - Forestry 6 - Home Economics 7 - Journalism 8 - Law 9 - Pharmacy 10 - Veterinary Medicine
TOTALS
2,130 60,463
4,334 6,897
273 3,679 3,818
808 467
0
82,869
8,407 112,097
10,068 9,215 1,677 5,025 5,927 2,544 797 0
155,757
23,710 166,442
36,416 15,372
3,793 5,306 10,737 11,295 3,282 1,614
277,967
29,190 153,461
48,553 17,688
7,390 6,291 10,382 14,931 5,938 3,699
297,523
The table below gives a comparison of cost per student quarter hour schools and colleges
SCHOOL
COST PER STUDENT QUARTER HOUR
1944-45
1945-46
1946-47
1947-48
1 - Agriculture 2 - Arts & Science 3 -- Business Administration 4 - Education 5 - Forestry 6 - Home Economics 7 - Journalism 8 - Law 9 - Pharmacy 10 - Veterinary Medicine
TOTALS
$37.71 3 ,,92 5,, 51
15.84 24.36
9,, 40 3.18 18/97 28711
0
$6,.56
$12.25 3.01 3.72
13.51 5.82 7 28 2,41 7.00
15.16 0
$4. 54
$ 7. 93 3.21 1.79
11718 6.23 9.63 1.91 2.35 4.67
15.46
r $4.15
$ 7.62 4.60 2.32
12.12 4.43
13.75 2.66 3.42 5.55
24.88
$5.45
- AUXILIARY ENTERPRISES -
INCOME AND EXPENSES Income from Auxiliary Enterprises amounting to $1f275,030.75 is shown in
schedule B-l. The details of expenses are shown in schedule C-l
The following is a summary of income and expenditures"
INCOME
Dormitories Dining Halls Service Departments
TOTAL INCOME
$219, 565 99 477,102. 36 578,362.40
$1,275,030,,75
- 30
EXPENSES
Dormitories Dining Halls Service Departments
$204,432.81 629,020.28 521,520.46
TOTAL EXPENSES
$1,354,973.55
No provisions were made for inventories and the figures above are based upon actual cash receipts and disbursements. All of the Auxiliary Enterprises are operating satisfactorily with the exception of the Dining Halls and the Laundry. The policies were changed on both of these Enterprises which resulted in financial losses. These policies are being corrected on the dining halls and partially corrected in connection with the laundry. We have also made other corrections which should bring about better financial results.
- GENERAL EXTENSION -
The General Extension and correspondence work was formerly administered as a separate unit of the University System. Beginning Sept. 1, 1947 this service was transferred to the University of Georgia at Athens. The details of income are shown in Schedule B2 and expenses in Schedule C2. The following is a summary of Income and Expenses with percentages:
INCOME
AMOUNT
PERCENT
Student Fees State of Georgia
TOTAL INCOME
$113,248.74 31,925.00
$145,173.74
78.01 21.99 100.00
EXPENSES
Administrative & General Forums Plant Operations Instructions
TOTAL EXPENSES
$ 36,665.14 5,946.13 3,232.60
116,833.70 $162,677.57
22.54 3.65 1.99
71.82 100.00
- TRUST FUNDS
The University holds funds in trust as follows:
Corpus Endowment Funds Loan Funds Total Trust Fund Corpus
$1,071,610.55 1,264,529.63
$2,336,140.18
Reserves For Purposes.of TrustEndowment Funds Loan Funds Total Trust Fund Reserves Total Corpus and Reserves
$ 103,895.08 274,750.18
378,645.26 $2,714,785.44
Details of balances by funds are shown in Schedule E-l. A summary of investments is shown in Schedule E-2.
- 31 -
- AGENCY FUNDS Funds held for others in the amount of $209,522.67 are shown in Schedule Go
- PLANT FUNDS A statement of investment in plant is shown in Schedule EL There is an unamortized balance of $509,84748 due to trust funds on buildings This balance is being amortized over a period of 20 years at the rate of 3%. There is also an unamortized balance of $41,85j ,6 8 due from various fraternities representing loans made on their homes . These are being amortized over a period of 20 years at the rate of 4/2%
- 32
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule A
BALANCE SHEET JUNE 30, 1948
ASSETS
I. CURRENT FUNDS
A. GENERAL
Cash on hand and in Bank
$ 21,301.59
Accounts Receivable
209,460.98
TOTAL GENERAL FUNDS
$ 230,762.57
B. RESTRICTED
Cash in Bank
437,840.50
Investments (Temporary)
1,204,654.52
TOTAL RESTRICTED FUNDS
1,642,495.02
C. AUXILIARY Cash in Bank
31,190.05
Inventories
124,062.11
Accounts Receivable
25,722.60
TOTAL AUXILIARY FUNDS
118,594.66 .
D. GENERAL EXTENSION
Cash in Bank
18,228.42
Accounts Receivable
25,029.83
TOTAL EXTENSION TOTAL CURRENT FUNDS
6,801.41 $ 1,998,653.66
II. AGENCY FUNDS Cash in Bank Accounts Receivable TOTAL AGENCY FUNDS
$ 202,959.47 6,563.20
209,522.67
III. ENDOWMENT FUNDS Cash in Bank Investments: U. S. Securities Other Bonds Preferred & Common Stock Real Estate Owned Univ. of Ga. Buildings TOTAL INVESTMENTS TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments Univ. of Ga. Buildings TOTAL TOTAL STUDENT LOAN FUNDS
$ 41,903.46
$ 733,040.00 178,966.49 83,178.96 25,400.00 113,016.72
$1,133,602.17
I 132,031.63 864.849.43 438.686.44
$ 103,712.31 $1,435,567.50
$1,175,505.63 $1,539,279.81
V. PHYSICAL PLANT Land & Improvements
Buildings Equipment TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 629,641.47 7,345,452.12 2,099,810.94
$10,074,904.53 $14,997,866.30
- 34 -
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
BALANCE SHEET JUNE 30, 1948
Schedule A (Cont'd)
LIABILITIES
CURRENT FUNDS AI GENERAL Purchase Orders Outstanding Unearned Income Reserve, Re-building General Surplus TOTAL GENERAL Bo RESTRICTED Fund Balances C l AUXILIARY Purchase Orders Outstanding Reserve for Inventories Meal Deposits Surplus TOTAL AUXILIARY Do GENERAL EXTENSION Purchase Orders Outstanding Surplus TOTAL GENERAL EXTENSION
TOTAL CURRENT FUNDS
; 38,518.99 53,010.98 75.00
139,157.60
I 8,008 61 124,062.11
7,961.33 21,437-39
350.00 45141
; 230,762.57 1,642,495 02
118,594.66 6,801.41
1,998,653 66
II AGENCY FUNDS Fund Balances
209,522.67
III. ENDOWMENT FUNDS Fund Balances Reserve for purpose of Trust TOTAL ENDOWMENT FUNDS
1,071,610.55 103,895.08
1,175,505.63
IV. STUDENT LOAN FUNDS Fund Balances Reserve for purpose of Trust TOTAL STUDENT LOAN FUNDS
:l,264,529,63 274,750.18
1.539,279 81
PHYSICAL PLANT Due to other Funds Invested in Plant TOTAL PLANT FUNDS
; 509,847 48 9,565,057.,05
10,074,904 53
TOTAL LIABILITIES AND SURPLUS
$14,997,866 30
35
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule B
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
SOURCE
General
Restricted
Total
Income_________ Income_________ Income
STUDENT FEES Non"Resident Tuition Matriculation Practice School Nursery School Atlanta Area Summer - - Non-Resident Summer - Matriculation Infirmary Diploma Cadet Nurses Miscellaneous Total Student Fees -
$1 ,,169,163 25 774, 212 ,41 398,65 3,093 00
177 ,367,61 145,232.15
4,160.36 4 636o95 17s240,81 9,160.34 $2 s304, 665,,53
8,661.25 8.661 25
$1,169,163.25 774,212.41 398.65 3,093,00
8,661.25 177,367 61 145,232.15
4,160.36 4,636.95 17,240.81 9,160 34 $2,313,326~78
PUBLIC APPROPRIATIONS
State of Georgia
Regular Operations
$
Veterinary Medicine Bldg
Gilbert Memorial Annex Commerce-Journalism Annex
Rehabilitation
Deficit, (1946 -47)
Vocational Funds
United States U So Navy Research
Federal Works Agency
Morrell Nelson
County
670, 892.00 83 o598 37
Total Governmental
754,490 37
$1,525 ,000 ,,00 106,000.00 298,850.00 116,401.63
120,802.15
8,247.80 16,001.00 70,433.96
25,811.60 $2 287,548 14
S 670,892.00 1,525,000,00 106,000.00 298,850.00 116,401.63 83,598.37 120,802.15
8,247.80 16,001 00 70,433.96
25,811.60 $3 042,038 51
ENDOWMENT Univ; of Georgia Found tion$
Franklin College
B A & T N Denmark Landscript Fund
500,00
$
300 o00 9 250 00
Alumni Library
Alumni Y M C.A
W H, Bocock Mary J Franklin George R, Gilmer
200.00 500 00
W Ji Russell William Terrell
_______ 700 00
Total Endowment
$ 11,450,00 $
$ 8 ,000.00 1 ,100,00
250. 00 200 00
20 00
200 .00
9 ,770
o o m
500, 00 8 ,000.00 1,400, 00 9 s250. 00
250. 00 2 0 0 ,00
2 0 ,00 2 00 .,00 500 .00 200 00 700 .0 0
2 1,220 00
36
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule B (Cont'd)
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
SOURCE GIFTS AND GRANTS FROM PRIVATE SOURCES
G.E.B.- For Research Gi.B. ~-For Library Books G.E.B.- For Art Museum Ga. Power - For Archaeology T.VA, - For Research U. So Radio-Active ToV A - For Soil Survey UoSoDoAo - For Ag Engineering General Mills > Nutrition Julius Rosenwald Emory University - Atlanta Area Carnegie - For Research Merk & Company ~ Poultry Various - For Archaeology Tennessee Corporation - For Research State Hospital - For Landscape Ball Brothers - Food Test
Total Gifts
General Income
Restricted Total
Income
Income
$ 12,245.27 $ 12,245.27
15,000.00 15,000.00
7,500.00
7,500.00
750.00
750.00
2,916.62
2,916.62
750.00
750.00
3,000 00
3,000.00
15,000.00 5,200,00
700.00
15,000.00 5,200,00 700.00
4,200.00
4,200.00
10,020.75 1,000.00 5,863,00
10,020.75 1,000.00 5,863,00
271.20
271,20
180,00 700,00
180,00 700,00
$ 85,296.84 $ 85,296.84
SALES & SERVICE Dairy Farm Horticulture Farm Meat Curing Plant Livestock Farm Field Experiments Literary Quarterly Poultry Plant Food Processing Plant Press Miscellaneous Creamery Total Sales & Services
$ 31,990,57 11,138.49
148,107.24 28,353.29
1,150,17 2,501.33 73,503.71 12,849.97 27,058,59
511.29 221,727.86 $ 558,892.51
$ 31,990,57 11,138,49
148,107.24 28,353.29
1,150.17 2,501.33 73,503.71 12,849.97 27,058.59
511.29 221,727.86 $ 558,892.51
OTHER SOURCES Veterans Guidance Agricultural Extension Service Rents from Property Miscellaneous Total From Other Sources
TOTAL INCOME
$ 43,528.52 4,000.00 2,275.00 124.50
$ 49,928.02 $3,679,426.43
$ 43,528.52 4,000.00 2,275,00 124.50
$ 49,928.02 $2,391,276.23 $6,070,702.66
NON-INCOME RECEIPTS Aviation Reserve Savannah Advance Total NonIncome
$ 35,500.00 $ 35,500,00
$ 5,139.17
5,139.17
1 5,139.17 $ 35,500.00 $ 40,639.17
TOTAL RECEIPTS
$3,684,565,60 $2,426,776.23 $6 ,111,341,83
- 37 -
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule B-l
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
DORMITORIES A. A. A. Barracks Brown Camp Wilkins Candler Hall Clark Howell Coordinate Crawford W. Long Lucy Cobb Mary Lyndon Memorial Park Milledge Hall Milledge Annex Old College Private Trailers Rutherford Hall Small Dorms Soule Total Dormitories
$ 8 ,905 53 18,349= 98 19,999.97 8,309.01 11,062.02 10,421.71 33,978,77 1,121.77 10,946.57 15,258.64 2,728,50 21,615 .42 8,989.87
9*44 1,806.37 17,853.93 11,615.17 16,612.20
$219,565.99
DINING HALLS Cafeteria Coordinate Denmark Lucy Cobb Milledge Annex Tea Room Total Dining Halls
Cow Testing Egg Testing Laundry Printing Department University Stores
Total Other
TOTAL AUXILIARY INCOME
Non-Income - Receipts Reserves For Repairs Meal Deposits Total Non-Income
TOTAL RECEIPTS
$173,325.47 101,430,79 86,063.54 32,799.36 73.453.10 10.030.10
$ 13,215.97 7,938.21
76,764.61 46,369.20 434,074.41
$477,102.36
$578,362.40 $1,275,030.75
$ 12,116 51 7,961,33
20,077.84
$1,285,108.59
- 38
THE UNIVERSITY OE GEORGIA ATHENS, GEORGIA
Schedule B -2
STATEMENT OF GENERAL EXTENSION INCOME For Year Ended June 30, 1948
SOURCE
STUDENT FEES Correspondence Columbus Center Gainesville Center Waycross Center Other Instruction Fees Audio Visual Total Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus (1946 "47)
TOTAL INCOME
NON -INCOME Transfer From-Regents Adjustments Petty Cash Adjustments Total Non-Income
TOTAL RECEIPTS
General Income
$ 39,154.74 20,706.63 5,267.50 5,789.00 26,622.86 15,708.01
$113,248.74
Total Income
$ 39,154.74 20,706.63 5,267.50 5,789.00 26,622.86 15,708.01
$113,248.74
$ 31,925.00
5,702.51
$139,471.23
$
27.16
1.78
$
28.94
$139,500.17
$ 31,925.00
5,702.51
$139,471.23
$
27.16
1.78
$
28.94
$139,500.17
39
ADMINISTRATIVE & GENERAL Accounting Office Alumni Office Comptroller's Office General President's Office Publicity Bureau Registrar's Office Statistical Bureau Veterans Administration Total Adm. & Gen.
STUDENT WELFARE Dir. Student Life Dean Men Dean Women Placement. Student Hospital Vol. Religious Assn. Total Stu. Welfare
PHYSICAL PLANT Genera 1 Janitors Repairs Grounds Special Architect's Fees Lib. Rehabilitation Commerce-J. Bldg. Fed. Works Bldg. Temporary Houses
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Schedule C
Fund Classification General Restricted
______________ Object Classifications
Operating Equipment and
Salaries
Travel
Supplies Other Capital
& Wages
Expense & Expense Additions
$ 30,003.93 5,705.34
10,079.30 75,857.41 18,529.24
8,909.34 31,386.89 13,771.65 10,120.70 $204,363.80
$ 25,061.35 5,705.34 9,649.92
25,883.66 16,925.00
7,340.39 24,559.68 13,373.31
9,379.63 $137,878.28
$2,046.11 944.92 19.70
$3,010.73
$ 4,921.23 $
423.38 47,927.64
374.80 1,549.25 6,539.39
398.34 741.07 $62,875.10 $
21.35 6.00
284.52 287.82 ,
599.69
$ 7,076.55 16,039.84 14,955.20 5,200.99 38,207.50 5,539.96 $
$ 87,020.04 $
200.00 200.00
$ 4,689,16 15,339.84 14,454.90 4,879.92 27,408.76 5,739.96
72,512.54
$1,093.49 $1,093,49
$ 178.62 $ 1,115.28 700.00
500.30
321.07
10,636.12
162.62
$12,336.11 $ 1,277.90
$122,137.82 112,867.00 65,820.30 43,244.71
$ 19,299.92 $ 216,19 99,710.88 28,583.90 25,323.42
$ 17,575.21 108,153.50 272,772.87 17,511.18 15,391.57
$95,939.83 9,971.18
26,489.39 12,491.76
$ 6,681.88 3,184.94
10,747.01 5,429.53
17,575.21 108,153.50 272,772.87
17,511.18 15,391.57
PHYSICAL PLANT (CONT.) Special (cont.) Water Main Repairs Equipment Other Equip. & Bldg. Veterinary Med. Bldg. Gilbert Mem. Inf. Total Plent
LIBRARY
INSTRUCTION Dean Faculties Agriculture pean's Office Ag. Economics Ag. Engineering Agronomy Animal Husbandry Dairy Food Technology Horticulture Plant Pathology Poultry Husbandry Arts & Sciences Dean's Office Art Biology Botany Chemistry Classics Drama
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C (Cont'd)
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification General Restricted
Object Cl assifications
Equipment and
Salaries Travel & Wages Expense
Supplies Other Capital & Expense Additions
$ 4,051.53
$ 4,051.53
45,390.70
45,390.70
101,729.85
101,729.85
95,163,03
95,163.03
99,038.43
99,038.43
$344,069.83 $776,777.87 1172,918.12 $ 216.19 $144,892.16 $802,821.23
$163,086.45 $ 17,308.86 $ 94,414.90 $ 706.29 $ 9,516.13 $ 75,757.99
$ 17,666.36 $ 500.00 $ 15,579.50 $ 163.45 $ 942.58 $ 1,480.83
15,949.42 13,788.72 51,195,58 23,444.18 11,530.91 15,322.19 12,565.58 16,053.37 4,892.77 11,675.02
6,000.00 2,000.00 6,200.00 4,500.00 6,000.00 3,000.00 9,000.00 3,700.00 3,000.00
9,699.96 18,570.26 48,153.86 24,939.91 15,627.76 19,287,84 11,939.93 23,089.54 8,288.25 13,027.88
2,586.46 264.00 948.65
3,055.21 449.79
1,998.37 2,299.32
403.15 1,504.30
660.09
957.43 304.52 1,485.78
607.79 504.67 2,094.70 2,404.95
530.05 2,965.56 1,006 40
161.36
27,844.83
45,334.73 43,612.90 32,977.10 66,658.62 11,899.45 11,844.67
1,000.00 3,000.00
2,333.96
21,679.96
39,874.26 40,626.33 29,188.89 51,989.00 11,820.16 11,647.00
4,638.12
267.19
2,761.76
5,197.57 2,792.53 17,003.58
79.29 197.67
1,159.56 3,698.71
'789.00 995.68
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C (Cont'd)
STATEMENT OF EDUCATIONAL & GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification General Restricted
Salaries & Wages
Object Cl assifications
Travel Expense
Supplies & Expense
Equipment and Other Capital
Additions
INSTRUCTION (CONT.) Arts & Sciences (Cont.) English Geography & Geology
History Landscape Architecture Mathematics Modern Languages Mus ic Nurs ing Philos ophy Physics Political Science Psychology Religion Sociology Archaeology Business Administration Education General Physical Education Practice School > Voc. Ag. Tr. Tr. Home Ec. Tr. Tr. Forestry Graduate Home Economics Jouralism Law Military Science Pharmacy Veterinary Medicine
$ 58,914. 19 $ 6 ,000.00 S 64,243. 00
24,749. 43
19,494. 57
25,202.,79 19,753. 41 52,228. 50
3,300. 00
25,018.,08 15,785. 50 $ 200.00
54,949. 91
70,240. 65 35,857. 15
69,004. 43 32,060. 00
25,522.,83
23,220.,79 1,651. 82
6,227. 59
6,169. 96
34,471. 37 3,000. 00 30,943. 83
30,417. 86
30,023. 00
24,675.,36 4,184.,94
23,313.,00 4,100.,00
23,443,,35
23,199.,97
3,541.,61 111,206, 64
3,541. 61 102,438..10
967. 63
60,535,,29 52,843.,78 20,302,.77
8,262,.54
32,391,.71 38,115,.47 85,513,.91 27,271,.45 50,533..58
4,631,.26 32,608,.50 81,990 .87
25,811..60 30,241..50 13,892.,31
9,000 .00
56,163..15 44,465,.78 45,123,.04 31,715..91 11,520..17 28,396,.04 37,203 .75 65,472,.42 23,769 .60 47,679,.97
3,600,. 0 0 22,999,. 8 8 32,102 .41
2,496..90 399,.95
3,694.,60 1,604..64 1 ,000.57
338,.48 1 ,000,.00
493,.55 751,.35
837,.15 2,246 .08
$ 623. 13 $ 48. 06
1,708. 21 3,546. 65
173. 71
1 1 .00
1,532. 23 2,235. 68
309. 47
269. 12
377 .59
858. 63
1,575. 09 2 ,2 22 .06
345. 85
304. 37
57. 63
3,605. 58 2,921.,96
197. 34
197.,52
705.,66
656.,70
84,,95
243.,38
2,234.,65 5,566.,26
1,489..31 5,093,.70
715,.26 2,114.,55
628,,83 1,013,.08
444,.98 5,219 .37 1,634 .16
803,.15 1,031,.26 6,368,.31 12,125,.43
385..93 2,884,.35
276,.07 978,.98 138,.67 1,982,.02 128 .26 13,822 .12 1,374,.14 1,299,.11
2,403 .16 44,516 .95
INSTRUCTION (CONT.) Summer Quarter Total Instructional
ORGANIZED RESEARCH
Ag. Ind. & Serv.
Bureau Bus. Res.
Diseases - Plants & An.
Merk & Company
Carnegie Foundation
1
Radio-Active
.>.
General
U. S. Navy
1
Total Research
SERVICES RELATED TO INSTRUCTION
Creamery Dairy Farm Food Processing Greenhouse Hort. Farm Livestock Farm Meat Curing Plant Poultry Plant
Total Services
EXTENSION Ag. It. Tr. Tr. Home Ec. It. Tr. Tr. High School Vic. Corps. Dist. Education Trades & Industries
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C (Cont'd)
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification
Genera 1
S a laries Restricted & Wages
Object Cl ass ifica tions
Trave1 Expense
Equipment and Supplies Other Capital & Expense Addi tions
% 161.678.46
$ 159.875.87$
75.75 $ 1.726.84
$1,641,573.66 #141,47y.37$!,552.624.03$26,359.15 $ 96,542.82 $107,427.03
$
10,679.73 $ 6,358-10$ 13,160.19
9,683.00 3,292.34
10,907.84$ 1,114.15 $ 1,814.40 $ 3,201.44
8,744.31
508.57
3,467.87
439.44
10,246.50
48.20
1,014.12
1,666.52
473.59
248.59
225.00
1,128.87 123,384.11
3,386.61 201.00
8,028.49
7.307.15
1,227.55 60.25
91,890.22 6,682.50
1,521.25 33.80
3,547.66
803.82 106.95 17,840.58 624.65
962.86 18,134.14
$ 158,035.90 $ 29,047.28$ 130,007.76$ 6,773.63 $ 25,897.39 $ 24,404.40
$ 226,238.07 52,949.70 19,762.38 18,151.88 14,271.11 27,315.84
164,205.51 81.237.45
I 604,131.94
36,717.72 15,448.10
7,156.40$ 2,355.00 8,322.82 5,471.59 5,820.10 12,078.63
93,370.36f
$182,399.86 $ 7,120.49
29,621.16 7,880.44
22.40 12,583.58
1,997.97 13,798.91
4,111.06 1,837.23
18,941.90 153,086.84 196.24 68,462.58
2,902.35 5,298.57
500.00
218.64 $471,204.95 $ 39,337.99
$ 26 616.42$
17 331.43
4 753.67 4 858.56 6 963.20
20,859.96$ 5,380.24 $ 13,391.40 3,415.58
4,159.92 585.75 4,408.48 450.08 4,266.96 2,696.24
376.22 524.45
8 .0C
EXTENSION (CONT.)
Voc. Guidance
G.E.B. Youth Study
Ag. Short Courses
Milk Marketing
Soil Testing
Press
Julius Rosenwald
General Mills (Nutri.)
Atlanta Area
Veterans Guidance
'
Literary Quarterly
Field Serv. Educ.
Forestry
Landscape Architecture
Ag. Handbook
Veterans Training
Container Studies
Various - Archaeology
Poultry
Total Extension
TOTAL
NON-EXPENSE , Purchase of Securities Purchase Orders 46-47 Accts. Payable 46-47 Due Aux. 46-47 Total Non-Expense
TOTAL EXPENDITURES
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C (Cont'd)
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification__________________ Object Classification
Operating Equipment and
Sa laries Trave 1
Supplies Other Capital
General
Restricted
& Wages Expense & Expense Additions
$
$ 5,631.67 1,985.05
11,444.33 33,269.16
8,322.89 41,580.09 11,260.01 17,717.68
549.96
5,572.25
1.00
985.33 1 138,319.42
$ 7,171.05 1,490.00
3,000.00 348.64
16,757.% 12,861.25
156.64 8,974.01 1,280.45 3,479.58 $ 116,042.86
$3;340-,6Q1*04 $1,080,856.24
$ 5,895.83 $ 906.41 $: 368.81
1,400.00
90.00
5,631.67 $
1,113.24
871.81
12,149.88 841.04
951.94 $
10,466.97 100.00
343.20 21,040.25
165.49
83.15
6,481.10 1,449.59
327.27
18,300.00 2,401.97
482.17
33,758.05 776.29 5,950.79
7,699.25
57.85 3,502.91
14,024.00 2,535.17 1,158.51
549.96
156.64
4,980.00 497.51
. 94.74
5,283.01 389,09 3,300.68
588.65
416.90
626.00 1,288.36
852.47
.798.55
186.78
$ 170,344.61 $25,383.10 $ 46.129.52 $
501.47 1,418.74 8,500.00 1,094.96
1.23 275.90 712.75 12:505,05
$2,424,070.60 $63,761.22 $ 869,494.18 $1,064,131.28
$ 50,584.74 118,856,76 31.903.40
$ 201,344.90
$1,204,654.52 $1,204,654.52
$3,541,945.94 $2,285,510,76
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
Schedule C-l
Dormitories and Dining Halls Dormitories Barracks Brown Camp Wilkins Cand le r Clarke Howe hi Lucy Cobb Mary Lyndon Mi 1ledge Mi Hedge Annex Old College Rutherford Small Dormitories Soule A.A.A. Coordinate Memorial Park Private Trailers Total Dormitories Dining Halls Tea Room Crawford W. Long Cafeteria Coordinate Denmark Lucy Cobb Milledge Annex Total Dining Halls General Dormitories & Dining Halls Other Cow Testing Egg Contest Printing Department
Total
Salaries and
Wages
Purchases for
Resale
Operating Equipment and Supplier. Other Capital & Expense Additions
$ 20,351.05 $ 8,155.01
11,339.57
4,848.05
7,944.00
3,497.10
6,345.01
2,783.40
7,279.00
3,913.60
11,887.53
5,764.44
12,195.09
4,290.18
12,629.54
5,504.15
6,554.02
2,325.00
12,347.30 12,447.14 11,055.54
5,443.15 44,811.33
2,470.16 1.945.36 $187,044.79
4,184.90 5,751.00 4,484.30 2,664.20 20,364.09 1,503.35
$ 80,032,77
$ 10,881.83 2,773,97
204,268.12 138,298.68 138,133.79
41,805.46
50,666.35 $586,828.20 $ 59,580.10
$ 3,633.41 1,404.00
36,009.82 33,000.73 30,643.05 11,060.20
8.661.66 $124.412.87 $ 11,600.81
$ 15,072.07 $ 10,707.89
8,156.46
3,524.51
38,318.60 16,905.94
$ 11,724.04 6,009.40 3,902.67 3,468.78 3,270.90 5,945.70 6,890.02 6,366.85 3,524.28
$ 472.00 482.12 544.23 92.83 94.50 .177.39
1,014.89 758.54 704.74
6,601.84 6,098.25 6,181.94 2,778.95 24,062.59
966.81
1,945.36 $ 99,738.38
1,560.56 597.89 389.30
384.65
$ 7*273.64
$ 7,089.50 1,369.97
160,953.90 103,689.25 106,282.55
30,483.95 41,935.81 $451,804.93 $ 26,325.73
$ 158.92
7,304.40 1,608.70 1,208.19
261.31 68.88
$10,610.40 $21,653.56
$ 4,062.54 $ 4,455.11
20,496.39
301.64 176.84 916.27
T-HE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C-l (Cont'd)
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Other (Cont'd,.) University Stores Trailer Development Temporary Houses Laundry Total Other
TOTAL a u x i l i a r y :EXPENDITURES
Total
Salaries and
Wages
Purc hases for
Resale
Operating Supplies & Expense
Equipment and Other Capital
Addi tions
$ 370,206,06, $ 32,246,98 $320,513,49 $ 16,756,39 $ 689,20
89,767,27 65,582,68
21,269,14 2,915.45
$ 521,520,46 $128,968,00 $320,513,49 $ 67,039.57 $ 4,999.40
$1,354,973,55 $345,014,45 $320,513,49 $644,908,61 $44,537.00
NON-EXPENSE Outstanding Purchase Orders Withholding Tax Group Insurance Hospitalization Insurance Retirement Reserve 5 Buildings
TOTAL EXPENDITURES
S 3,053,26 1,120,82 8,40 22,30 ' 85.25
_______ 684,32
$ 4 9.74.35
ADMINISTRATIVE General For unis Total Administrtire
PLANT OPERATIONS
INSTRUCTION Audio-Visual Aids Correspondence Other Columbus Center Gainesville Center Wayross Center
TOTAL EXPENDITURES
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule C-2
STATEMENT OF GENERAL EXTENSION EXPENDITURES For Year Ended June 30, 1948
General
Salaries & Wages
Object Classifications
Operating
Travel
Supplies
Expense
& Expense
Equipment and Other Capital
Additions
$ 36,665.14 5,946.13
$ 42,611.27
$ 25,526.37 4,762.00
$ 30,288.37
$ 1,079.08 155.20
$ 1,234.28
$ 7,232.25 1,028.93
$ 8,261.18
$2,827.44 $2,827.44
$ 3,232.60
$ 1,199.05
$ 2,033.55
S 16,518.01 26,485.22 31,935.54 23,974.73 7,461.98 10,458.22
$116, 833.70
$162,677,,57
$ 7,194.44 26,485.22 25,554!. 92 20,382.27 5,695.00 8,915.00
$ 94,226.85
$125,714.27
$ 244.13
6,289.32 1,479.76 1,451.53
747.09 $10,211.83
$13,479.66
$ 4,044.82
91.30 1,596.66
245.51 439.83 $ 6,418.12
$14,679.30
$5,034.62
516.04 69.94
356.30 $5,976.90
$8,804.34
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule D
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Student Fees
Governmental Morri11-NeIs on State of Georgia Vet. Med. Bldg. Gilbert Memorial Commerce-Journalism Rehabilitation U. S. Navy Res. Federal Works Agcy. Voc ational Clarke County Total Governmental
Balance Incone
Expenses
Beginning for Of Year Year
for Year
$
$ 8,661.25 $ 8,661.25 $
Balance End of
Year
70,433.96 70,433.96
520. 0 0 3,153.41
$ 2,633.41
1,525,000.00 95,163.03 1,429,836.97
106,000.00 99,038.43
6,961.57
298,850.00 272,772.87 116,401.63 108,153.50
26,077.13 8,248.13
8,247.80 7,307.15 16,001.00 17,575.21
.420.65 1,579.20
120,802.15 120,802.15
25,811.60 .25,811.60
$2,287,548.14 $817,057.90 $1,473,123.65
Endowment Franklin College B.A. & T.N. Denmark Alumni Library Alumni Y.M.C.A. W. H. Bocock Russe11 Total Endowment
$ 8,000.-60 $ 8,000.00 1,100.00 1,100.00
250.00 200.00
250.00 200.00
20.00 200.00
20.00 200.00
$ 9,770.00 $ 9,770.00
Gifts G.E.B. Bio. Science R. W. Woodruff (Phcy.)
$ 3,109.40 10,000.00
Rosenwald Fund
362.01 $
General Mills
3,498.88
Julius Rosenwald (Winn)
467.04
Landscape Architecture
G.E.B. Youth Study
2,869.52
G.E.B. Disease Res.
17,754.73
Ball Brothers (Food Test )
704.50
General Mills - Film
8,500.00
G.E.B. Library Books
Carnegie Foundation
Tenn. Corp-Research
Merck & Co., (Poultry) U. S. Dept. Agric.,(Ag. Eng. )
G.E.B. Art (Museum)
Radio Active Ayr ha*o1Ogy
Sub-totals
$47,266.08 $
$
700.00 $ 348.64 5,200.00 8,257.96
180.00
156.64
1,490.00
12,245.27 3,292.34
700.00 1,280.45
8,500.00
15,000.00 14,186.19
10,020.75 3,386.61
271,20 1,000.00
28.49 473.59
15,000.00 3,441.48
7,500.00 2,652.67
750.00
201.00
750.00
69,317.22 $ 47,696.06 $
3,109.40 10,000.00
713.37 440.92 4b7.04
23.36 1,379.52 26,707.66
124.05
, 813.81 6,634.14 J 242.71
526.41 11,558.52 4,847.33
549.00 750.00 68,887.24
48
THE UNIVERSITY OF GEORGIA
ATHENS., GEORGIA
Schedule D (Cont'd)
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
T.V.A. for Research T.V.A. Soil Survey Emory University (Atlanta Area) Various - Archaeology
Total Gifts
Balance Beginning
Of Year $
$ 47,266.08 $
Income for Year
Expenses for Year
2,916.62 $ 3,000.00 4,200.00 5,863.00 85,296.84
2,916.62 3,000.00 4,200.00 3,479.58 $ 61,292.26 $
Balance End of Year
2.383.42 71,270.66
Reserves Aviation F .W .S . Bldgs. Temporary Houses Water Main Repairs Equipment Equipment - Other Other Buildings Total Reserves
158.41 19,642.56 17,190.95 6,503.17 50,001.70 74,355.25 78,823.50 $246,675.54 $
35,500.00 35,500.00 $
17,511.18 15,391.57 4,051.53 45,390.70 35,782.50 65,947.35 184,074.83 $
35,658.41 2,131.38 1,799.38 2,451.64 4,611.00 38,572.75 12,876.15 98,100.71
TOTAL RESTRICTED
$296,575.03 $2,426,776.23 $1,080,856.24 $1,642,495.02
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1948
Balance of principal, beginning of year
ADDITIONS Receipts: 1. Gifts & Grants from private sou 2. Profit on Investment 3. Income on Investments (net) 4. Income from Indowments 5. Notes Recovered Total Additions
DEDUCTIONS 1. Notes Written Off 2. Loss on Investments 3. Transfer to Loan Funds 4. Transfer to General Funds 5. Transfer to Restricted Funds 6 . -Transfer to Other Units 7. Prizes 8 . Transfer to U. S. Government Total Deductions
Balance of Principal, end of year
Endowment Funds
$ 998,458.60
Loan Funds $1,240,225.53
74,178.66 -0 -
39,308.71 -0 -0 -
1 113,487.37
615.00 -0 -
42,020.55 11,640.82
496.03 $ 54,772.40
-0 -o$ 11,640.82 10,950.00 9,770.00 3 ,868.12 1,017.50 -0 $ 37,246.44
$1,071,610.55
-0 -0 -0 -0 -0 -0 200.00 2,157.67 $ 2,357.67
$1,264,529.63
*Reserves for purposes of Trust Not Transferred
$ 3,088.98 $ 28,110.63
50
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule E-l
STATEMENT OF TRUST FUND BALANCES, BY FUND
v
For Year Ended June 30, 1948
it)OWMENT FUNDS: Fund for Advm. of Art Alumni Library Endm. Alumni Y.M.C.A. W. H. Bocock Endm. W. J. Bryan Mrs. Elizabeth M. Bullard Joe Brown Connally School B.A. & T.N. Denmark Franklin College Endm. Mary J. Franklin Endm. Geo. R. Gilmer, Endm. Harold Hirsch Interfraternity Council Journalism Dean's Fund Geo. D. Kitzinger Landscrip Endm. Emma Long A. A. Lowe Endm. Lumpkin Law Endm. Charles F. McCoy Isaac Meinhard Memorial Bert Michael School M. G. Michael Award Thomas E. Mitchell Geo. Foster Peabody Law End. Phelps-Stokes Fellowship H. L. Richmond Fellowship Horace B. Russell Prize Hoke Smith Memorial Martin R. Smith 0.V. Smith William Terrell Endm. Hugh V. Washington Endm. Robt. W. Woodruff Forestry W. J. Young Endm.
Fund Balance
Fund Balance
Beginning
End Of
Of Year Additions Deductions
Year
$ 5,867.52
11,033.96
30,469.64
404.77
.48
247.89
42,630.62
2,465.53
36,153.93
118,000.00
5,766.00
15,130.00
1,011.04 1 ,000,00
674.31
52.00
-0 -
11,790.07
242,202.17
500.00
4,014.38
21,152.00
189,988.54 1 ,000.00 900.00 -0 -
500.00
177,647.96
900.00
13,872.03
19,233.02
1,450.00
-0 -
4,247.73
2,920. 44
11.31
-0 -
57,588.86
20,130.00
1,465.27
1,026.00
29,201.58
$998,458.60 $74,190.45
$ ,367.50 $ 5,500.02 11,033.96
30,469.64
405.25 247.89
42,630.62
2,465.53
36,153.93
118,000.00
5,766.00
15,130.00
21.00
1,011.04 1 ,000.00
705.31
11,790.07
242,202.17 500.00
4,014.38
21,152.00
50.00 500.00
189,988.54 1 ,0 00.00
850.00 -0 -
177,647.96 900.00
13,872.03 19,233.02
1,450.00
4,247.73
2,931.75 57,588.86
20,130.00
100.00
1,465.27 926.00
29,201.58 $1,038.50 $1,071,610.55
51
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-l (Cont'd)
STATEMENT OF TRUST FUND BALANCES, BY FINDS
For Year Ended June 30 1948
Fund Balance
Fund Balance
Beginning
^
Fnd of
Of Year Additions Deductions Year
LOAN FUNDS
Lucile Alexander
$ 540. 00
Alpha Zeta Alumni Association
155. 00 420. 00
P. S. Arkwright
1,134. 30
R. and L. Arnold
- 0-
Atlanta Cotton Oil Company
277. 15
The Atlanta Journal Atlanta Stockyards
847. 60 140. 00
DuPree Barrett
350. 00 $ 125.00
L. H. Beall Bibb County Dawson
230. 00 600. 00
C. H. Brand
I, 46901.
Mary Upshaw Broach
47. 25
Chas. McDonald Brown
406,927. 33 1,560.40 $424.00
H. W. Brown Bryan County Dawson
20,346. 08
-0 -
Shepherd Bryan Bernice F. Bullard
.157. 10 24,538. 86
350.00
10.00
Asa G. Candler
140. 00
Charles H. Candler
283. 40
Carroll County Dawson
130. 35
Charlton Co. 4-H Dawson Chamberlin-Johns on-DuBose Chatham County Dawson Chi Psi Educational A. F. Churchhill
i -0-
220.00 -0 -
L.0-
29,|l89. 62
87.96 28.70
Citizens & Southern Nat'1 Bank II, 66023.
Class of 1926 Obadieh Lewis Cloud
298. 90 10, 000. 00
Mrs. J. H. Cloudman
267. 24
Cobb^County Dawson Columbia County Dawson
105. 00 1-0 -
Elijah Clarke D.A.R.,
1,753. 81
26.96
D.A.R. Memorial
10,018. 64
May Erwin Talmadge D.A.R.
5,347. 77
Richmond Walton McCurry-D.A.,R.
1,500, 00
Lila Napier Jelks D.A.R. Edgar Gilmer Dawson
-0 -
232,277 .29 1.835.00
DeKalb County Dawson
558 .60
W. S. Denmark
15,432 .62
Eugene & Harry Dobb Druid Hills Methodist Memo.
1,234 .31 170 . 0 0
Early County Dawson
214 .81
Elbert County Dawson
400 .00
Epsilon Sigma Phi
50 . 0 0
Exchange Club of Atlanta
169 .85
Philip Feingold Memorial
1,000 .00
52
540.00 155.00 420.,00 1,134.30
- 0-
277.15 847.60 140.00 475.00 230.00 600.00 I, 491.60
47.25 408,063.73
20,346.08
-0-
157.10 24,878.86
140.00 283.40 130.35
- 0-
220.00
- 0-
- 0-
29,248.88 II, 662.03
.298.90 10, 000.00
267.24 105.00
- 0-
1.780.77 10,018.64
5.347.77 1,500.00
. -Q234,112.29
558.60 15,432.62
1,234.31 170.00 214.81 400.00 50.00 169.85
1 ,000.00
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-l (Cont'd)
STATEMENT OF TRUST FUND BALANCES, BY FUNDS For Year Ended June 30, 1948
Fund Balance
Fund Balance
Beginning
End of
_________________ Of Year Additions Deductions_____ Year
LOAN FUNDS (CONT'D) W o W. Findley Lucy Hurt Fisher Charles W. Ford Forestry Loan Four H o Club Loan Ga. A. & W. P R,, R. Georgia Bankers Georgia Bankers Boys Georgia Bankers Girls Georgia Power Company Girls Canning Club Glynn County Dawson Grady County Dawson Hall County Dawson J. C o Harris A o L o Hull Memorial J. H o Hunt Jasper County Dawson Mrs. Graham Johnson Bess D. Jones Junior League - Atlanta Clyde L o Jr. & John King Kirkwood P.T.A. J o B. Keough Joseph Ricker Lamar Landscape Architecture Laurens County Dawson Frances A. Lipscomb Arthur Lucas J. H o 'Lumpkin McDuffie County Dawson Mrs. P. C o McDuffie McIntosh County Dawson Macon County Dawson Mr. & Mrs. T, 0. Marshall R o H. Martin Meriwether County Dawson Moina Michael T. E. Mitchell - Georgia T. E. Mit hell - Coordinate T. E. Mitchell Tech T. E. Mitchell - GSCW Moon Muscogee County Dawson Music Scholarship R. Co Neely J. Carroll Payne Benj. Zo Phillips
$ 2,157.38 1,841.00 360.75 798.50 1,598,45 335;.00 6,254.04 1,642 o 50 2,412.52 7,476.21 4;436.85 49.20 250.00 200.00 387.00 538.08 95,460.00 232 50 81.80 111 15 172.00 12,500.00 255.00 137.50 25,000.00 482.00 200.00 2 ,201.10 150.00 12,640.67 400.00 150.00 979.00 275.00 695.00 163.65 150.00 610.00 38,727.70 29,379.29 26,760.90 33,933.85 3,358.50 124.30 1,320.05 320.00 195.00 10,434.74 - 53 -
310. 00 50. 00
1 0 0 -00
25. 00
6,999 22 3,142 .58 2,910 .20 2,910 .20
15 .00
$ 2,157. 38 1,841. 00 360. 75
798. 50
1,908. 45 335. 00
6,304. 04
1,642. 50
2,412. 52 7,476. 21 4,436. 85
49. 20 250. 00 2 00 .00 387. 00
538. 08 95,560. 00
232. 50
81. 80 1 1 1 .15 172. 00 12,500. 00 255. 00 137. 50 25,000. 00 507.,00 2 0 0 ., 0 0 2 ,201,,10 150,,00 12,640,,67 400,, 0 0 150,, 0 0 979,,00 275 .00 695 .00 163 .65 150 .00 610 .00
45,726 .92
32,521 .87 29,671 .10
36,844 .05-
$ 50.00 3,308 .50
124 .30
1,335 .05 320 .00 195 .0 0
10,434 .74
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-l (Cont'd)
STATEMENT OF TRUST FUND BALANCES, BY FUNDS For Year Ended June 30, 1948
Fund Balance Beginning Of Year
Fund Balance
End of
Additions Deductions
Year
LOAN FUNDS (CONT'D)
A. W. Reed
$ 2,744.89
Bertha Rich
182.55
Richmond County Dawson
1,137.43
Richmond County H.D.A.
400.00
E. Rivers
80.75
Rockdale County Dawson Sale City Dawson
400.00 639.22 $
200.00
Savannah District Dawson
80.00
John D. Simmons
63.25
Hoke Smith
552.50
State Home Dem. Club
590.00
Students Mark Sullivan
12,069.47 100.00
6,328.00
Sumter Co. Dawson - Boys
1,484.83
Sumter Co. Dawson - Girls
1,258.50
Tattnall County Dawson
200.00
Berryman T. Thompson Meldrim Thompson Roombs County Dawson
14,371.12 200.00 200.00
Frances Clementine Tucker 78,078.79
Leila Bates Tye
1 ,000.00
U. S. Government
4,966;58
Ware County Dawson
400.00
Washington Co. Dawson
177.50
Louis Wellhouse Memorial
700.00
C^ P. Whitehead
483.29
Whitfield Co. Dawson
400.00
Cecil Wilcox
4,500.00
Robert W. Woodruff
350.00
Ida A. Young TOTAL LOAN FUNDS
3,450.17 $1,240,225.53 $ 26,975.52
$ 2,744.89
182.55
1,137.43
400.00
80.75
400.00
839.22
80.00
63.25
552.50
590.00
18,397.47 100.00
1,484.83
1,258.50 200.00
14,371.12 200.00 200.00
78,078.79 1 ,000.00
$2,158.72
2,807.86
400.00
177.50
700.00
483.29
400.00
4,500.00
350.00
3,450.17
$2,671.42 $1,264,529.63
TOTAL TRUST FUNDS
$2,238.684.13 $101,165.97 $3,709.92 $2,336,140.18
54
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-1
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
ENDOWMENT FUNDS Bonds, Governmental Bonds, Commercial Stocks, Common Stocks, Preferred Campus Real Estate Off-Campus Real Estate
Total Endowment
LOAN FUNDS Bonds, Governmental Bonds, Commercial Stocks, Common Stocks, Preferred Campus Real Estate Off-Campus Real Estate Student Notes Receivable
Total Loan Funds
TOTAL TRUST FUND INVESTMENTS
Book Value
Market Value
$ 892,040 00 19,966 ,49 77,818. 03 5,360. 93
124,416 .72 14,000 00
$1,133,602 17
$ 894,623,,75 17,520,42 35,420:45 4,207 :90
294,216.60 45,000.00
$1,290,989.12
$ 815,200. 00 15,010, 25 7 019 48 1,554 02
438,686 44 26,065 68
132,031 63
$1,435,567,,50
$2,569,169 67
$ 809,550,50 12,266,,68 1,678 86 1,796.46
924,883 40 82,500o00
125,000.00
$1,957,675 90
$3,248,665.02
Market Values of Campus Real Estate should prehaps he stated at hook value
because the Funds do not own this property. The investment is in the nature of a loan,
- 55
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-2
ENDOWMENT - GOVERNMENTAL BONDS For Year Ended June 30, 1948
DESCRIPTION
Athens, City of Atlanta, City of Atlanta, City of Atlanta, City of Atlanta, City of Bolivia, Republic of Columbus, City of Columbus, City of Decatur, City of Dominion of Canada Georgia, State of Muscogee County Muscogee County Savannah, City of
Savannah, City of U. S. Series G U. S. Treasury U. S. Treasury Series G U. S. Treasury Series G U. S. Treasury Series G U. S. Treasury U. S. Treasury Series G U. S. Treasury Series G U. S. Treasury Series F
Maturity Date Book Value
5% 4/4% 5% 4%% 4%% 8% 3V2% 4Y2% 4%% 4% 8% 4/i% 4V2% 4/4%
4/4% 2V2% 1/4% 2%% 21/2% 2lA% l4% 2X/2% 2V2% 2.53%
5-1-52 7-1-48 1-1-49 7-1-50 7-1-56 5-1-47 2-1-53 9-1-54 1 9-1-52
4-1-55 4-1-56 8-1-55 2-1-59 12- 56 12- 56 1- 56 6-27-56 6-19-56 6 - 1-57 6 - 1-57 6 - 1-57 6-5-55
CO
o oo o o
$ 1 ,000.00 1 ,000.00 2 ,000.00 2 ,000.00 1 ,000.00 5,000.00 1 ,000.00 3 ,000.00 7,000.00 1 ,000.00
1 0 0 ,0 0 0 .0 0 * 4 ,000.00 2 ,000.00 1 ,000.00 28,000.00 23,150.00 1 ,000.00 3,325.00
700.00 100.00 500.00 11,150.00 1 ,000.00
Market Value
$ 1,117.50 1 ,000.00 2,040.00 2 ,120.00 1,205.00 537.50 1,090.00 3,517.50 7,840.00 1,040.00
1 0 0 ,0 0 0 .0 0 * 4,720.00 2,395.00 1,187.50 33,320.00 23,150.00 767.00 3,325.00 37,000.00 700.00 76.00 500.00 11,150.00 820.00
56 -
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-2 (Cont'd)
DESCRIPTION
ENDOWMENT - GOVERNMENTAL BONDS For Year Ended June 30, 1948
Maturity Date Book Value
Market Value
U. S. Treasury Sris F 2.53%
7- 55
$ 1,325.00 $ 1,086.50
U. S. Treasury Sris F 2.53%
10- 55
200.00
164.00
U. S. Treasury Sris F 2.53%
11- 55
50.00
41.00
U. S. Treasury Sris F 2.53%
2- 56
50.00
40.00
U. S. Treasury Sris F 2.53%
3- 56
1,800.00
1,440.00
U. S. Treasury Sris F 2.53%
6- 56
350.00
280.00
U. S. Treasury Sris G
2/4%
7-1-56
3,000.00
3,000.00
U. S. Treasury Sris F 2.53%
7- 56
200.00
160.00
U. S. Treasury Sris F 2.53%
2- 57
5,250.00
4,147.50
U. S. Treasury Sris G
2*4%
11- 55
19,000.00
19,000.00
U. S. Treasury
2 y4%
9-15-59
31,500.00
31,972.50
U. S. Treasury Sris G
2 V2%
7-1-58
359,300,00 259,300.00
U. S. Treasury Sris G
2 Y2%
12-15-72
265,300.00 265,963.25
U. S. Treasury
1-1/8%
6-1-49
4,000.00
4,000.00
U. S. Treasury Sris G
2*4%
12-15-53
2,000.00
2,000.00
U. S. Treasury Sris E
3%
9-15-55
800.00
656.00
U. S. Treasury
1*4%
10- 59
740.00
555.00
U. S. Treasury
2*4%
6-15-62
3,000.00
3,000.00
U. S. Treasury
.m
5-1-57
175.00
136.50
U. S. Treasury
1/4%
8-1-57
50.00
38.50
U. S. Treasury Sris G
2/4%
8-1-57
500.00
500.00
U. S. Treasury Sris G
2/4%
2-1-58
1,000.00
1,000.00
U. S. Treasury Sris G
2*4%
2-1-58
500.00
500.00
U. S. Treasury TOTALS
1-1/8%
1-1-49 57
55,025.00 $892,040.00
55,025.00 $894,623.75
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-3
ENDOWMENT - STOCKS COMMON For Year Ended June 30 1948
DESCRIPTION
Book Value
American Business Shares - 111 Shares
$ 111.00
American Car & Foundry Co. - 20 Shares
2,020.00
American Locomotive - 100 Shares
10,925.00
American Telephone & Telegraph Co. - 60 Shares
7,788.20
American Telephone & Telegraph Co. - 15 Shares
1,500.00
Augusta - Savannah Railway Co. - 15 Shares
1,500.00
Blanchard and Booth - 1/2 Shares
25.00
Broadway Realty Company - 410 Shares
28,700.00
Hodgsons, Inc. - 15 Shares
150.00
Land Company of Florida - 5 Shares
100.00
Perkins Hosiery Mills - 96 Shares
6,240.00
Market Value $ 448.44
952.60 2,475.00 9,330.00 2,332.50 1,125.00
-010,660.00
-0-0-0-
S.A.L. Railway Company 17 Shares Temporary Certificate 9616/10,000 Share Scrip Certificate
1,138.79 96.16
429.25 24.25
St. Louis - San Francisco Railway Company 41 Shares Temporary Certificate 7600/10,000 Share Voting Scrip
Southern Pacific - 100 Shares
The Southwestern Railway Company - 21 Shares
TOTALS
5,347.88 76.00
10,000.00 2,100.00
$77,818.03
625.25 1.16
5,925.00 1,092.00
$35,420.45
58
THE UNIVERSITY OF GEORGIA ATHENS , GEORGIA
Schedul e E -2-4
ENDOWMENT - COMMERCIAL BONDS For Year Ended June 30, 1948
DESCRIPTION Cities Service Company Cities Service Company
Cities Service CompanyInterim Certificate
Hodgsons, Inc. S.A.L. Railway Company
S.A.L. Railway Company
S.A.L. Railway Company
S.A.L. Railway Company
St. Louis-San Francisco Railway Company
St. Louis-San Francisco Railway Company
St. Louis-San Francisco Railway Company
St. Louis-San Francisco Railway Company
TOTALS
Maturity Date Book Value Market Value
5%
1-1-66
$ 3,800.00 $ 3,980.50
3%
1-1-77
9,700.00
8,414.75
80.00
6$. 40
5%
9-1-75
` 300.00
300.00
4%
4-1-52
83.41
84. 40
4%%
4-1-52
14. 96
10.62
4%
1-1-96
500.00
506.25
4%%
1-1-2016
1,000.00
712.50
4/2%
1-1-2022
.1,800.00
1,080.00
4%
12-31-51
52.00
45.85
4%%
12-31-51
36.12
21.65
4%
1-1-97
2,600.00
2,294.50
$19,966.49 $17,520.42
59
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-5
ENDOWMENT - STOCKS PREFERRED For Year Ended June 30, 1948
DESCRIPTION
Book Value Market Value
Kansas City Southern - 25 Shares
$1,606.25 $1,081.25
S. A .L. Railway Company 1 Share 5% - Series A 6668/10,000 Share 5% Series A
100.00 66.68
59.00 39.30
St. Louis - San Francisco Railway Company 20 Shares Temporary Certificate 5% 8800/10,000 Share Scrip Series A Preferred
2,000.00 88.00
900.00 39.60
u. S. Steel Corporation - 15 Shares
1,500.00 2,088.75
o o\ coC--M
m
TOTALS
$5,360.93
60
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
,,, ,,
Schedule E-2-6
LOAN FUND - GOVERNMENTAL BONDS For Year Ended June 30, 1948
DESCRIPTION
Columbus, City of
5%
Columbus, City of
4 y2%
Marietta, City of
5%
U. S. Treasury Series G u. s. Treasury Series G
2%% 2Vi7c
u. s. Treasury Series G 2lA%
u. s. Treasury Series G 2%%
u. s. Treasury Se ries F 2.53%
U. Si Treasury Series G 2%%
u. s. Treasury
2 %%
u. s. Treasury Series G 2 Y2%
u. s. Treasury Series G 2 Y%
u. s. Treasury
1-1/8%
u. s. Treasury
1-1/8%
u. s. Treasury Series G 2 Vi%
TOTALS
Maturity Date Book Value Market Value
7-1-50
$ 6,000.00 $ 6,420.00
9-1-54
2,000.00
2,340.00
8-1-51
4,000.00
4,440.00
12- 56
19,850.00
19,850.00
1- 56
36,675.00
36,675.00
6-1-57
13,850.00
13,850.00
7-1-56
22,000.00
22,000.00
2- 57
37,750.00
29,822.50
11- 55
71,000.00
71,000.00
9-15-59
21,500.00
21,822.50
7-1-58
164,400.00 164,400.00
12-15-72
296,700.00 297,441.75
6-1-49
19,000.00
19,000.00
1-1-49
94,975.00
94,975.00
6-15-72
5,500-00
5,513.75
$815,200.00 $809,550.50
61 -
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule E-2-7
DESCRIPTION Central of Georgia S.A.L. Railway Company S.A.L. Railway Company S.A.L. Railway Company S.A.L. Railway Company
TOTALS
LOAN FUND - COMMERCIAL BONDS For Year End ed June 30, 1948
Maturity Date Book Value Market Value
5% 4% 4^2% 4/4% 4%
11-1-45
$11,000.00 $ 9,075.00
4-1-52
138.54
140.27
4-1-52
71.71
50.91
1-1-2016
2,800.00
1,988.00
1-1-96
1 ,000.00
1,012.50
$15,010.25 $12,266.68
DESCRIPTION
LOAN FUNDS - STOCKS COMMON For Year Ended June 30, 1948
Bo ok Value Market Value
S.A.L. Railway Company 56 Shares 6340/10,000 Shares Scrip Certificate
515/10,000 Shares Voting Scrip 6 Shares Temporary Certificate
$ 5,904.90 63.40 5.15
572.28
$ 1,414.00 15.91 1.45
151.50
Virginia-Carolina Chemical Company 8 Shares
443.7 5
96.00
Pittsburg Placer Gold Mine Company 200 Shares
TOTALS
30.00
-0 -
$ 7,019.48 $ 1,678.86
LOAN FUND - STOCKS PREFERRED For Year Ended June 30, 1948
Schedule E-2-8
DESCRIPTION
Book Value Market Value
American Smelting & Refining Company 10 Shares 7%
$ 1,110.00 $ 1,532.50
S.A.L. Railway -Company 3780/10,000 Share Scrip Certificate Preferred 3 Shares Temporary Certificate 5% 1 Share 5% Series A 622/10,000 Share Preferred
TOTALS
37.80
300.00 100.00 _________ 6.22
22.30 179.00
59.00 ______ 3.66
$ 1,554.02 $ 1,796.46
62
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule F
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Current Funds General Restricted Auxiliary General Extension
Total Current Funds
Balance as of 7-1-47
Receipts
Disbursements
Balance as of
7-30-48
$i2 i,3 1 8 .0 7 $3,684,565.60 $3,541,945.94 $ 21,301.59
296,575*03 2,426,776.23 2,285,510.76 437,840.50
33,649.26 1,295,108.59 1,359,947.90 3 1 ,2 90.05
_ 4,948.98
139.500.17
162,677.57 1 8 ,2 2 8 . 4 2
$213,855.20 $7,545,950.59 $7,350,082.17 $409,723.62
Agency Funds
$141,094.93 $1,181,963.21 $1,120,098.67 $202.959.47
Trust Funds Endowment Loan Total Trust Funds
61,366.50 $ 190,598.42 $ 210,061.46 $ 41,903.46 46,913.86 441 ,,878.40 385.07 9.95 103.712.-3l $108,280.36 $ 632,476.82 $ 595,141.41 $145,615.77
TOTALS
$463,230.49 $9,360,390.62 $9.065.322.25 $758,298.86
Cash & Bank Balances General, Restricted & Auxiliary National Bank of Athens Cash on Hand
Trust Funds National Bank of Athens C. & S. National Bank, Atlanta Cash
Total
596,302.21 16,380.88 $612,683.09
142,584.37 1,890.30 1,141.10
145,615.77
758,298.86
63
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule G
AGENCY FUNDS For Year Ended Junei 30, 1948
Balance as of 7-1-47
Receipts
Balance as of
Disbursements 7-30-48
Alumni Secretary Student Activities - General Religious Activities Interfraternity Council Breakage General Commeroative Plates Chemistry Breakage Forestry Scholarship Experimental Forestry Forestry Camp Georgia Agriculturalist Georgia Power Company Gift for Pharmacy Inst. Study of Georgia Problems Military Deposits Mu sic Pandora Phi Kappa Red & Black Reserve for Red & Black Sears, Roebuck Scholarship State Home Demonstration Vocational Rehabilitation Womans Aux. Ga. P. Prizes Religion-In-Life Student Act. Orchestra Faculty Flowers Community Concert Home Management Ph. D. Thesis Study of Georgia Negro Family Life Conference Art Auction Traffic Fine Committee on Use Res.
Jesse W. Saye Sc. Lectures Bacteriology Breakage Farm Short Course Fertilizer Experiment Founders Memorial Garden Sigma Nu House Shorter Fund Dramatic Club Lectures - Science Bureau of Business Research Victory Fund Scholarship
$ 162.72 $ 77,460.98 $ 75,406.11 $ 1,893.15
3,411.97 "196,576.32 180,255.48 19,732.81
923.97 3,250.49 2,613.95 1,560.51
2,986.81 21,942.36 16,843.88 8,085.29
3,558.74 4,557.48 4,761.62 3,354.60
1,772.06
713.64 1,209.93 1,275.77
10,578.97
9,018.70 12,409.15 7,188.52
-0-
105.00
105.00
-Q-. .
2,880.07 238.42 100.00 170.71 498.55 23.05
3,645.69
1,142.35 -0-0-0-
1 ,000.00
3,693.94
1,488.18 100.00 -0-
316.36 78.52
2,831.82 107.41 -0-
170.71
. 182.19<* 944.53
19,195.36 40,927.36 29,616.93 30,505.79
7,556.56 1.00
50.00
12,397.21
13.50 -0-
13,058.81 14.50 50.00
6,894.96 -0-0- '
452.01
-0-
5.60
446.41
3,332.85 1,000.00
.394.00 3,938.85
33-32 317.96
2,383.34 3,236.50
1,641.65 3,251.77
708.37 3(&*69
345.65 188.18
120.00 -0-
120.00 -0-
3^5:65 188.18
-0-
100.00
60.25
39-75
-0-
341.14
341.14
-0-
1,249.61 1,599.99
984.42 1,865.18
14.30
66.95
79.86
1.39
1,337.14 7,849.32 8,847.82
338.64
3,676.96 50.00
175.00
15,431.93 -0-0-
15,762.38 -0-0-
3,346.51 50.00
175.00
-0-
671.00
523.73
147.27
-0-0- .
1,174.35 79.00
145.09 1,029.26
-0-
79.00
-0-
225.00
-0-
225.00
-0-
100.00
100.00
-0-
2,749.99 1,794.85
932.60
363.80
348.10
313.88
398.02
569.35
118.50
559,42
128.43
9,883.62
4,808.42
9,121.38 5,570.66
72.17 1,550.00
966.54
655.63
1,880.00 4,050.40 4,944.84
985.56
640.33 100.00 184.18 127.99 290.60
1,625.00 -0-0-0-0-
872.23
100.00 -0-0-0-
1,393.10 -0184.18 127.99 290.60
64
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule G (Cont'd)
AGENCY FUNDS
For Year Ended June 30, 1948
Campus Socials Physics Breakage Pharmacy Breakage Home Ec. Sch. Lunch Vending Machine Saddle and Sirloin Cotton Standard Univ. of Ga. foundation Pharmacy Scholarship Atlanta Constitution Demonstration Sch. Cafeteria Graduate Nurses Art Exhibit Intramural Industrial Arts Alumni Scholarship Egg Grading Alpha Phi Omega Georgia Power Co. Rights Bord. Co. Foun. Scholarship Typing Veterans Thesis American Phar. Stud. Union Bag. Scholarship Student Union Towel Deposit G.E.B. Sou.Edu. FilmProd. Ser. Ag. Engineering Scholarship Georgia feed Scholarship Federal Housing Project Anna M. LeRoche Y.W.C.A. Room Breakage Deposit Student Clubs Student Papers R.C. Wilson (Veltex Co. Prize) Vets. Reader Service Movie Project Shaffer Poultry Kroger Scholarship Pi K.A. Student Veterans Organization University Band Portrait Account
Balance as of
7-1-47
$ 786-45 349-27 59.03
3,240.08
253.70
50.00 461.00
, 4 4 9 0 . 7 7
151.75 269.60
824.00 20.56
127.70 843.69 51.06 47.74
2.25
50.00 150,00 1,200.00 -0-0-
1,600.00
2 4 4 .17
-0-
3,948.20 -0-0-
20,817.42 100.00 5.00
11,180.00 955.43 500.00 -0-0-
664.56 -0-0-0-0-0-0-
Receipts
$ 2,968.25
567.39 -0-0-
1,574.51 -0-
245.75 1,490.77
-0-0-
12,631.75 610.56 400.00
8,777.88 1,405.52
-0-0-0-0-0-
17.45 399.70
2,400.00
7,442.79 545.50
149,891.14 425.00
1,000.00 107,538.04
-0-0-
17,121.19 6,117.66
33,599.99 50.00
700.25 5,004.50
1,600.00 600.00
3,973.10 1,774.92
13,393.56 215.50
Disbursements
1 3,596.98 -0-
27.92 -0-0-
50.00 743.17 -0-0-
44.60 11,554.81
600.00 361.40 9,577.98 943.75 -0-0-0-0-
300.00 388.14 307.30
935.00 7,247.06
308.94 156,839.58
425.00 600.00
96,221.07 100.00 5.00
6,411.19 7,066.44 32,100.00
50.00 700-25
5,102.06 400.00
399.99 3,762.10 1,289.29
13,393.56 -0-
Balance as of
7-30-48
$ 157.72
916.66 31.11 3,240.08 1,828.21 '-0-
,3 6 .4 2
3 000.00
151.75 225.00 1,900.94 -0-
166.30 43.59 512.83 47.74 2.25 50.00 150.00 900.00 970 .6 0 ' 92.40 3,065.00
4 8 .4 4
236.56 3 ,0 0 0 . 2 4 "-0-
400.00 32,134.39
-0-021,890.00
6.65 1,999.99
-0-0567.00 1,200.00 200.01 211.00 485.63 -0-
215.50
Sub-Totals
$122,922.79 $ 806,862.68 $ 754,805.79 $174,979.68
Hospitalization Insurance Withholding Tax State Teachers Retirement Reserve Registration Deposit
$ 4hjg.6 8 $ 7,855.24 $ 8,059.55 $ 6 8 3 .QQ
13,328.30 279,781.32 275,537.56 17,572.06
3,568.52
57,433.97
55,985.77 5,016.72
1,755.00
30,030.00
25,710.00 6,075.00
Sub-Totals
$ 18,172.14 $ 375,100.53 $ 365,292.88 $ 27,979.79
GRAND TOTAL
$141,094.93 $1,181,963.21 $1,120,098.67 $202,959.47
65
THE UNIVERSITY OF GEORGIA ATHENS, GEORGIA
Schedule H-l
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
v
Investment
Year Beginning
End
Acquired of Year Additions Deductions Of Year
A - LAND Franklin Campus 37 Acres 13 Acres 13 Acres (Jackson St.)
College of Agriculture * 150 Acres
Coordinate Campus 40 Acres 17 Acres (Erwin)
1804 $ 55,500.00 1937-38 19,500.00 1937-42 25,000.00
1928
45,000.00
186-) 1927)
45.600.00 Total Campus
$ 55,500.00 19,500.00 25,000.00
45,000.00
45,600.00 $190,600.00
Off-Campus ** 150 Acres (Denmark)
* 870 Acres 1875 Acres (Whitehall) 462 Acres (Hardman) 607 Acres (Watson Spgs..)
1914 1928 1936 1936 1933
7.500.00 32.650.00 18.675.00 2.500.00
9,000.00 Total Off-Campus
7.500.00 32.650.00 18.675.00
2.500.00 9,000.00
$ 70,325.00
Total Land
$ 260,925.00
$260,925.00
** This tract bought by Denmark Dining Hall and Later deeded to the Trustees.
* This acreage was composed of over fifty small parcels of land, bought with assistance of George Foster Peabody by the Trustees of the Alumni Association and deeded to the University in 1 Q2 8 in a single deed.
- 66 -
THE UNIVERSITY OF GEORGIA
ATHENS , GEORGIA
Schedule H -2
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
BUILDINGS
Year Acquired
Investment Beginning
Of Year Additions Deductions
Investment End
Of Year
Franklin Campus
Academic
1904
Art Classroom
1948
Athletic Office
1929
Baldwin Hall
1938
Boiler Room
1948
Brown Dormitory
1932
Business Admin. Ann*ex 1948
Candler Hall
1901
Chancellor House
1855
Chapel
1855
Chemistry Annex
1948
Clarke Howell
1937
Commerce Journalism 1927
$175,000.00 $ 24,000.00*
1 ,000.00 286,393.11
2,565.00* 150,000.00
29,574.00* 101,356.71
1 0 ,0 0 0 .0 0 40,000.00
48,276.00* 46,888.00 225,000.00 272,772.87
Costa Crawford Long
25,146.25 4.000. 00
7,227.13*
Crawford Long Annex Demasthenian Hall Denmark Hall Field House A Field House B Fine Arts Garage & Shop Graduate Dormitory Greenhouse Hirsh Law Infirmary (Gilber)
1824 1901 1929 1929 1941 1942 1940 1948 1932 1942
3.000. 15,000.00 50,000.00
2 ,000.00 1 ,000.00 365,200.00 13,811.38 70,600.00
150,000.00 93,936.22
00
19,038.59* 99,038.43
Language & Letters LeConte Hall Library (Peabody) Library Annex Lucas House Lumpkin House Lumpkin House Annex Lustrat House Meigs Hall Memorial Hall Military Building Milledge Hall Milledge Annex Moore College New College Old College Peabody Hall
1938 148,000.00
1937
95,300.00
1903 150,000.00
1948 1850
8 ,000.00 1 0 ,0 0 0 .0 0
1950 1947
800.00 1 1 ,0 0 0 .0 0
1905
60,000.00
1923 386,721.52
1931
25,000.00
1921(39) 150,000. 00
1940
92,000.00
1874
70,000.00
1823
60,000.00
1801 1913
101,356.72 1 0 0 ,0 0 0 .0 0
25,961.57* 38,151.00*
- 67 -
$175,000.00 24,000.00 1 ,0 00.00
286,393.11 2,565.00
150,000.00 29,574.00
101,356.71 1 0 ,0 0 0 .0 0 40,000.00 48,276.00 46,888.00
505,000.00
25,146.25
4.000.
00
3.000.
00
15,000.00
50,000.00 2 ,0 00.00
1 ,000.00
365,200.00
13,811.38
70,600.00
19,038.59
150,000.00
218,936.22 148,000.00
95,300.00 150,000.00
38,151.00 8 ,000.00
1 0 ,0 0 0 .0 0 800.00
11,0 00.00 6 0 ,000.00
386,721.52 25,000.00
150,000.00 92,000.00 70,000.00 60,000.00
101,356.72 100,0 00 .0 0
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule H -2 (Cont'd)
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment Year Beginning Acquired Of Year
Investment End
Additions Deductions Of Year
Franklin Campus (Cont'd) Phi Kappa Hall Reed House Residence 325 Jackson Residence 365 Jackson Residence 375 Jackson Residence 385 Jackson Residence 393 Jackson Residence 397 Jackson Stegeman Hall Storeroom Jackson Strahan House Terrell Hall Woodruff Hi 11
Total Franklin Campus
1834 :1 1807 1937-42 1942 1937-42 1937-42 1937-42
1937-42 1943 1938 1856 1904 1924
10,000.00 5,000.00 3,000.00 4,500.00 3,500.00 3,000.00 2,500.00 2,500.00
438,000.00 2 ,000.00 10,000.00 90,000.00
75,000.00
$3,946,509.91 $566,604.59
$ 10,000.00 5,000.00 3,000.00 4,500.00 3,500.00 3,000.00 2,500.00 2,500.00
438,000.00 2 ,000.00 10,000.00 90,000.00 75,000.00
$4,513,114.50
College of Agriculture AAA Building Abattoir (Incomplete) Barracks A (Fain) Barracks B (Dudley) Barracks C (Griggs) Barrow Hall Barrow Hall Shop Boiler House A Boiler House B Boiler House C Cafeteria (Snelling) Camp Wilkins Cavalry Barn Cavalry Feed Barn Cavalry Barn Annex Cavalry Office (Shack) Cavalry Blacksmith Shop Connor HaLl Dairy Products Dawson Hall Field House Food Processing (Canning) Food Processing (Meat) Forestry Four H. Club Garage Near Poultry Bldg. Garage Rear 1195 Lumpkin Greenhouse (Veg. & Flowers) Greenhouse (Research)
1940 1948 1942 1942 1942 1911 1936
1942 1948 1940 1925 1920 1926 1936 1930 1920 1908 1940 1932 1943 1934
1940
1913
1914 1948
50,000.00
60,000.00 30,000.00 30,000.00 75,000.00
8 ,000.00 5,000.00 5,000.00
133,000.00 40,000.00
7,500.00 1,000.00
600.00 500.00 400.00 200,000.00 120,500.00 175,000.00 54,336.61 3,000.00 50,000.00 122,000.00 3,000.00 200.00 200.00 5,300.00
13,500.00 9,000.00*
46,227.01*
50,000.00 13,500.00 60,000.00 30,000.00 30,000.00
75,000.00 8 ,000.00 5,000.00 5,000.00 9,000. .00
133,000.oS 40,000.00 7,500.00 l,000i00 600.00
500.00 400.00 200,000.00 120,500.00 175,000.00 54,336.61 3,000.00 50,000.00 122,000.00 3,000.00 200.00 200.00 5,300.00 46,227.01
68 -
THE UNIVERSITY OF GEORGIA
*
ATHENS., GEORGIA
Schedule H -2 (Cont'd)
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
Year Beginning
Deduct-
Acquiredi Of Year Additions ions
Investment End
Of Year
College of Agriculture (Cont'd)
Hardman Hall
Hoke Smith Extension
Home Management A
Home Management B
Home Management C
Home Management D
Laundry
)
Dry Cleaning Plant)
Boiler Room
)
Gas House
)
Repair Shop
)
Lumpkin Hall
Mary Lyndon Hall
Nursery School
Paint & Janitor Shop
Physical Education
Plant Pathology
Poultry
Residence 1195 Lumpkin
Boiler House, Rear Poultry
Residence, rear 1195 Lumpkin
Residence, 223 Burnett Street
Residence, 225 Burnett Street
Residence, 245 Burnett Street
ROTC Classroom
Rutherford Hall
Shop, grounds
Soule Hall
University Store
Veterinary Building Veterinary Clinic #1
Veterinary Clinic #2
Warehouse, Rear AAA Building
Warehouse, #1 on RR
Warehouse, #2 on RR
1919 $ 45,000.00
1938
78,300.00
1940
15,000.00
1940
15,000.00
1940
15,000.00
1940
15,000.00
1942
30,500.00
1942 1942
4,500.00 2 ,000.00
1942
500.00
1942 1829
500.00 10,000.00
1937 102,400.00
1940
35,000.00
1919
500.00
1929 150,000.00
1915
15,000.00
1913
15,000.00
1913
3,000.00 200.00
1945 1929 1929 1929
800.00
1,000.00 1,000.00 1,000.00
1947
15,390.00*
1939 143,500.00
2i000.00
1919 125,000.00
1943
3,500.00
1947
16,614.00*
1948 1948 1940
18,000.00*
12,000.00* 2 ,000.00
1948
9,000.00*
1948
9,000.00*
$ 45,000.00 78,300.00
15,000.00 15,000.00 15,000.00
15,000.00 30,500.00
4,500.00 2 ,000.00
500.00 500.00 10,000.00 102,400.00 35,000.00
500.00 150,000.00
15,000.00 15,000.00 3,000.00
200.00 800.00 1,000.00 1,000.00 1,000.00 15,390.00 143,500.00 2 ,000.00 125,000.00 3,500.00 16,614.00 18,000.00 12,000.00 2 ,000.00 9,000.00 9,000.00
Total College of Agriculture
$2,011,736.611148,731.01
$2,160,467.62
Coordinate Campus Barn Bradwell Hall Carnegie Library Cobb House Dozier School Gilmer Hall Infirmary
1927 $ 1896 1909 1909 1911 1860 1916
500.00 50,000.00 35,000.00
5,000.00 1,500.00 65,000.00 5,000.00
$
500.00
50,000.00
35,000.00
5,000.00
1,500.00
65,000.00
5,000.00
- 69
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule H -2 (Cont'd)
STATEMENT OF INVESTMENT IN PLANT
For Year Ended June 30. 1948____ _______ _ Investment
Year Beginning ___Acquired___Of Year Additions Deductions
Investment End
Of Year
Coordinate Campus (Cont'd) Miller Hall Old Auditorium Pound Auditorium Powell House Res idence, Foreman Senior Hall (Rhodes) Shop, Agriculture Smith Building Training School White House Winnie Davis Hall Total Coordinate Campus
1917 1898 1917 1894 1927 1906 1927 1906 1902 1899 1902
$85,000.00 12,000.00 75,000.00 6 ,000.00 2,500.00 40,000.00 500.00 45,000.00 30,000.00 1,000.00 40,000.00
$499,000.00
$ 85,000.00
12,000.00
75,000.00
6,000.00
2,500.00
40.000.
00
500.00
45.000.
00
30.000.
00
1,000.00
40.000. 00
$499,000.00
Farms
2 Houses, sw. potato Ag. Eng.
curing
2 Houses, sw. potato Ag. Eng.
curing
1 House, instrument Ag. Eng.
1 House, tool
Ag. Eng.
1 House 10x16
Ag. Eng.
1 House Experimental Ag. Eng.
1 House Experimental Ag. Eng.
Barn, Dairy Barn, Hog Barn, Horse Barn, isolation Barn, Mule Builpens Implement shed Office, Foreman's
Animal Husb. Animal Husb. Animal Husb. Animal Husb. Animal Husb. Animal Husb. Animal Husb. Animal Husb.
Residence A Carlton Avenue Animal Husb.
Residence B
Carlton Avenue Animal Husb. Residence Duplex Animal Husb.
Residence A, near Dry Barn
Animal Husb.
Residence B, near Dry Barn
Animal Husb.
Residence C, near Dry Barn
Residence near RR Scale shed
Animal Husb. Animal Husb. Animal Husb.
1 Brooder House 16*80 Poultry
1 Brooder House 18x18 Poultry
1 Brooder House 16x46 Poultry
1941
400.00
1941
680.00
1941 1941 1946
1915
1923 1934 1934 1920 1927
50.00 200.00 400.00 1,000.00 300.00
40,000.00
1,500.00 4 ,000.00 1 ,200.00 3 ,000.00
600.00
1 ,000.00 250.00
1915
600.00
1915 1912
600.00 1,200.00
1912
900.00
1912
900.00
1915 1909 1929 1940 1940 1940
900.00
2,500.00
.250.00 1,100.00 1,200.00
600.00
- 70
400.00
680.00
50.00 200.00 .400.00
1, 000.00
300.00 40,000.00
1.500.00 4.000. 00
1 .2 00 .00
3.000. 00 600.00
1 . 000. 00 250.00
600.00
600.00 1,200.00
900.00
900.00
900.00 2.500.00
250.00 1. 100.00 1, 200.00
600.00
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule H-2 (Cont'd)
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Farms (Cont'd)
1 Brooder House 6 Brooder Houses 6 Brooder Houses 3 Brooder Houses 3 Brooder Houses
16x18 14x16 12x14 15x16 16x20
Poultry Poultry Poultry Poultry Poultry
2 Brooder Houses 20x20 Poultry
1 Brooder & Incub. Bldg. Poultry
1 Breeder House 24x11 Poultry
1 Feed & Lab. Bldg.
Poultry
Grading & Packing
Poultry
Killing & Dressing
Poultry
59 Laying Test Bldg.12x14 Poultry
3 Laying Houses 20x50 Poultry
1 Laying House 20x40 Poultry 6 Laying Houses 14x24 Poultry
1 Laying House 12x14 Poultry
10 Range Houses 11x12 Poultry
1 Residence
Poultry
Hardeman Memorial Forest Dwelling Bam
Forestry Forestry
Investment
Investment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
1940 1940 1940 1940 1940 1940 1940 1943 1942 1942
$ 250<00 i,20u.00 900.00 525.00 600.00 450.00 8 ,000.00 5,000.00 7,000.00 800.00 3,000.00
14,750.00 3,000.00 400.00 1,800.00 200.00 350.00 * 3,000.00
$ 250.00 1,200.00 900.00 525.00 . 600.00
450.00 8 ,000.00
5,000.00 7,000.00
800.00 3,000.00
14,750.00 3,000.00
400.00 1,800.00
200.00 350.00 3,000.00
1936 1936
400.00 100.00
400.00 100.00
Oconee & Denmark Barn Cabin 5 Dwellings Garage & shed Log Cabin Machine shed & shop Nursery Building Office Storage shed Sweet Potato House Veg. grading House
Watson Springs Barn Conservatory Corn Crib Cottage House Spring House Store House Store House #2
Hort. Forestry Hort. Hort. Forestry Hort. Forestry Hort. Hort. Hort. Hort.
Forestry Forestry Forestry Forestry Forestry Forestry Forestry Forestry
1936 1936 1944
2 ,000.00 200.00
10,000.00
1936
600.00
400.00
1938-39 700.00 600.00
1935
300.00
1941
600.00
1942 1943
1,500.00 1 ,200.00
2 ,000.00 200.00
10,000.00 600.00
400.00 700.00
600.00
300.00 600.00
1,500.00 1,200.00
1933 1933 1933 1933 1933 1933 1933 1933
-71 -
500.00
150.00
1150.00 **
300.00
300.00 **
500 *00
$1,000.00**
300.00
300.00 **
100.00
100.00***
500.00
500.00 1 ,000.00
100.00 100.00
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule H-2 (Cont'd)
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment Year Beginning Acquired Of Year
Investment Deduct- End Additions ions Of Year
Farms (Cont'd)
Whitehall
Barn
Agronomy
Dwelling
Agronomy
Field Shed (a)
Agronomy
Field Shed (b)
Agronomy
Storage House
Agronomy
Storage House
Agronomy
Tenant House (a)
Agronomy
Tenant House (b)
Agronomy
Tenant House (c)
Agronomy
Tenant House (d)
Agronomy
Tool House (small)
Agronomy
Tool House (large)
Agronomy
Barn (a)
Animal Husb.
Barn (b)
Animal Husb.
Barn Feed & Scales
Animal Husb.
4 Hog Houses
Animal Husb.
5 Hog Houses
Animal Husb.
2 Tenant Houses
Animal Husb.
2 Tenant Houses
Animal Husb.
Barn,Brick
Forestry
Dwelling, Brick
Forestry
House #1 House #2 House #3 House #4 Shed Barn Dwelling A
Forestry Forestry Forestry Forestry Forestry Poultry Poultry
Dwelling B
Poultry
Garage
Poultry
Laying House 24x110
Poultry
Laying House 20x130
Poultry
20 Range Houses 10x10
Poultry
4 Range Houses 22x34
Poultry
Remodeled Poultry House
Poultry
Shop Smokehouse
Poultry Poultry
Total Farms
1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936
1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936
1,000.00 $ 500.00 200.00 50.00 15.00 15.00
2 ,000.00 1,000.00
400.00 300.00
15.00 400.00 300.00 500.00 1,500.00 2 ,000.00 125.00 2 ,000.00 3 ,000.00 600.00
5,500.00 600.00
450.00 500.00 450.00
300.00 2 ,000.00 4,000.00
1,400.00 20.00
1,200.00 1,200.00
400.00 300.00 1,200.00 20.00
40.00
$172,505.00 $
$- 1,000.00 500.00 200.00
50.00
15.00
15.00 2 ,000.00 1,000.00
400.00
300.00
15.00
30.00 400.00
300.00
500.00
1,500.00 2 ,000.00
125.00 2 ,000.00 3 ,000.00
600.00
5,500.00 600.0Q
450.00
500.00
450.00
300.00 2,000.00 4,000.00
1,400.00 20.00
1,200.00 1,200.00
400.00
300.00 1,200.00
20.00
40.00
1,115.00 $750.00 $ 172,870.00
TOTAL INVESTMENT IN PLANT
$6,629,751.52 $716,450.60 $750.0017,345,452.12
* Adjustment in value.
** Torn down or not worth repair. *** On a physical check it was found
that
these
buildings
were
not
in 1947
inventory.
- 72 -
THE UNIVERSITY OF GEORGIA
ATHENS, GEORGIA
Schedule H-3
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
Investment
Beginning
End
-----
----------- Of Year Additions Deductions_Of Year
C-IMPROVEMENTS OTHER THAN BUILDINGS
Streets & Sidewalks Lighting System Heating System Water System
$216,082.00 $17,000.00 32,425.00 5,000.00 41,000.00 44,661.11 8,705.81 3,842.55
$233,082.00 37,425.00 85,661.11 12,548.36
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS $298,212.81 $70,503.66
$368,716.47
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948 Schedule H-4
%
D-EQUIPMENT
Administrative
Physical Plant
Library
Instructional Department
Organized Research
Extension
Dormitories
Dining Halls
Printing
Press
Laundry
Book Stores
Athletic Department
Store Room
V. R. A.
Farm
TOTAL EQUIPMENT
Investment
Investment
Beginning
End
Of Year Additions Deductions Of Year
33,580,.73 $1 12,192.28
$
33,009,.67 6,634.87
392,516,.05 133,736.33
791,547,,24 164,671.70 57,284.,01 20,576.84
704..70 45,355.38
136,933.,14 6,328.81
60,378.,60 3,173.25
8,737. 73 6,206.02
2,052..25
$136,.50
82,953.,73 6,066.00
9,511. 94
800.34
37,707. 90
27.,40
5,000. 00 3,070.50
2,818. 42
45..00
29,907. 30 6,564.11
45,773,.01 39,644,.54 526,252..38 956,218..94 77,860.,85 46,060..08 143,261.,95 63,551.,85 14,943. 75 1,915. 75 89,019.,73 10,312. 28 37,680. 50 8,070. 50 2,773. 42 36,471. 41
,684,643.41 $415,376.431208. 90$2 ,099,810. 94
TOTAL INVESTMENT IN PLANT
$8,873,532.74SL202,330.691958.9Q$L0,074,904.53
73
THE UNIVERSITY OF GEORGIA
SAVANNAH DIVISION SAVANNAH, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Accounts Receivable Due From Other Funds
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
AGENCY FUNDS Cash in Banks
TOTAL ASSETS
$5 ,000.00 7,680.76
53,484.07 94,000.00
$ 1 ,8 8 5 . 0 5 6,023.64
$160,164.83
4,138.59 $164,303.42
3,592.41 $167,895.83
76
THE UNIVERSITY OF GEORGIA
SAVANNAH DIVISION SAVANNAH, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding General Surplus
$ $2,932.93 80.68
157,151.22
TOTAL GENERAL
B. AUXILIARY Due to Other Funds Purchase Orders Outstandi ng
$94,000.00 2,162.17
$160,164.83
TOTAL AUXILIARY Less Deficit
TOTAL AUXILIARY LESS DEFICIT
$96,162.17 92,023.58
4 ,138.59
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
TOTAL LIABILITIES
$164,303,.42
3.592.,41 $167,895.,83
THE UNIVERSITY OF GEORGIA
SAVANNAH DIVISION
SAVANNAH, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
SOURCE
STUDENT FEES Non Resident Tuition Matriculation Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations
TOTAL EDUCATIONAL & GENERAL INCOME
General ___ Income^
$194,202.86 94,037.79 604.65
$ 50,000.00 $338,845.30
THE UNIVERSITY OF GEORGIA
SAVANNAH DIVISION SAVANNAH, GEORGIA
,
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
ADMINISTRATIVE & GENERAL Directors Office Treasurer's Office Registrar's Office Publicity Genera 1 Admin. Dean Total Adm. & Gen.
Total
________
Salaries & Wages
Object Classification__________ Operating Equipment and
Travel Supplies Other Capital Expanse & Expense Additions
$ 9,423.09 $ 8,670.50 $ 478.50 $ 273.77
8,320.87 7,500,00
817/57 $
6,794.60 5,961.91
481.94
1,786.44 1,312.10
,474.34
9,150.82 1,319.03 1,559.52 6,272.27
5,371.27 5,232.96
138 31
$ 40,847.09 $ 29,996.50 $2,038.34 $ 8.458.20 $
3.30 350-75
354.05
STUDENT WELFARE Dean of Women Dean of Students Student Hospital
$ 1,218.95 $ 1,200.00 9,120.91 8,861.96
10,854.42 8,014.60 $ $ 21,194.28 $ 18,076.56 $
$ 18.95 258.95
40.10 2,275.02 $ 524.70 40.10 $ 2,552.92 $ 524.70
PLANT OPERATIONS
$112,970.69 $ 65,994.13
$13,356.64 $33>6l992
LIBRARY
$ 5,995.53 $ 3,972.06
2,023.47
INSTRUCTION Languages Social Science Sciences Phys. Edu. & Ind. Arts Fine Arts Total Instruction
$ 43,509.62 $ 43,153.29 33,117.98 32,986,36 46,947.36 42,334.49 17,486.39 14,154.68 7,480.75 6,943.34
$148,542.10 $139,572.16
$ 210.72 $ 145.61 131.62
2,701.08 1,911.79 2,031.28 1,300.43
261,77 275.64 $ 5,336.47 $ 3.633.47
TOTAL EDUCATIONAL & GEN. $329,549,69 $257,611.41 $2,078,44 $29,704.23 $40,155.61
Non-Expense Purchase Order 1946-47 Advance Auxiliary Salaries Pay 1946-47
$ 3,826.43 28,000.00 966.66
$362,342.78
79
THE UNIVERSITY OF GEORGIA
SAVANNAH DIVISION
*
SAVANNAH, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Dormitories Dining Halls Faculty Housing Theatre
TOTAL AUXILIARY INCOME
Total Income
$ 88,131.65 28,175.53 50,780.26 9,458.12 2.385.09
$178,930.65
NON-INCOME Advance from Educational & General
28,000.00
TOTAL AUXILIARY RECEIPTS
$206,930.65
Bookstore Dormitories Dining Halls Faculty Housing Theatre
EXPENDITURES______________ __________ _______
Purchases Equipment and
Salaries Oper. Supp- Other Capital
Total
& Wages___ lies & Exp.___ Additions
$115,399.27 16,398.67 73,019.35 2,250.11 3,013.44
$13,619.92 15,058.52 19,773.95 606.00 173.80
$101,675.35 1,340.15 50,627.78 $ 2,617.62 1,644.11 2,839.64________
TOTAL AUXILIARY EXPENDITURES $210,080.84 $49,232.19 $158,127.03 $ 2,721.62
NON-EXPENSE Purchase Orders 1946-47
$ 2,357.79
TOTAL DISBURSEMENTS
$212,438.63
STATEMENT OF AGENCY FUNDS For Year Ended June 30 1948
Fund
Balance Beginning Receipts
Of Year For Year
Disburse ments For Year
Balance End
Of Year
Progressive Life Insurance State Teachers Retirement
Life Insurance Withholding Tax - Educational & General Withholding Tax - Auxiliary Student Activities
$ 26.19 442.09 142.80
1,705.30 114.66
7,815.18
TOTAL AGENCY FUNDS
$10,246.22
- 80 -
$ 253.77 5,612.04 859.18
22,029.55 1,647.60
26,306.55
$56,708.69
$ 264.31 5,598.21 930.84 22,410.55 1,606.45 32,552.14
$63,362.50
$ 15.65 455.92 71.14
1,324.30 .155.81
1,569.59
$3,592.41
THE UNIVERSITY OF GEORGIA SAVANNAH DIVISION SAVANNAH, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Fund
Cash Balance Receipts Disbursements Cash Balance
July 1, 1947 For Year
For Year June 30, 1948
CURRENT FUNDS
Genera 1
$36,178.24
Auxiliary Enterprises 3,622.93
$338,845.30 $362,342.78 206,930.65 212,438.63
$12,680.76 - 1,885.05
TOTAL
$39,801.17 $545,775.95 $574,781.41 $10,795.71
AGENCY FUNDS
10,246.22
56,708.69 63,362.50 . 3,592.41
TOTAL
$50,047.39 $602,484.64 $638,143.91 $14,388.12
BANK BALANCES
Current Funds Liberty National Bank Petty Cash Liberty National Bank
Agency Liberty National Bank
General $ 9,547,77 5,000.00
Auxiliary - 1,729.24
1,569.59
$14,388.12
- 81 -
THE UNIVERSITY OF GEORGIA ATLANTA DIVISION ATLANTA, GEORGIA
BALANCE SHEET June 30 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Due from other Funds
TOTAL GENERAL FUNDS B. AUXILIARY
Cash in Bank Accounts Receivable Stores (Inventory)
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank Notes Receivable
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land & Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$280,034.07 96,960.99 3.450.85
$ 46,454.33 32,906.05 18,630.63
$380,445.91 $ 97,991.01
$478,436.92
$ 7,029.43 1,351.52
$ 8,380.95
$171,161.91 496,528.33 125,937.11
$793.627.35
$1,280,445.22
84
THE UNIVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Work in Progress Unearned Income Reserve for Building General Surplus
$ 6,579.84 92.750.00 24.777.00
213,678.60 42,660.47
TOTAL GENERAL B. AUXILIARY
Accounts Payable Reserve for Stores Surplus
$380,445.91
I 1,957.06 18,630.63 77,403.32
TOTAL AUXILIARY
97,991 .01
TOTAL CURRENT FUNDS
II* AGENCY FUNDS Due to Other Funds Fund Balances
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$ 478,436.92
3,450.,85 4,930.,10
8,380.95
$793,627. 35
793,627.35
$1,280,445.22
85
THE UNIVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
SOURCE STUDENT FEES
Non-Resident Tuition Matriculation Summer Session Other Student Fees
Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations
OTHER SOURCES Miscellaneous
TOTAL EDUCATIONAL AND GENERAL
General Income $503,350.22 289,731.45 93,917.55 5,863.18 $892,862.40
$ 65,500.00
$ 1,463.21
$959,825.61
86
THE UNIVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
ADMINISTRATIVE & GENERAL Administrative Dean Comptroller's Office General Admin. Director's Office Registrar's Office Total Adm '& Gen
Total
Object Classification
Operating Equipment and Salaries Trave1 Supplies Other Capital & Wages Expense & Expense Additions
$ 3,437.88 $ 3,125.54 $ 285.94 I! 26.40
11,189.30 11,121.55 14.75
53.00
14,296.63 1,987.45 287.44 10,499.99 $
10,847.96 10,409.35 438.61
26,317.10 26.255.43
61.67
$ 66,088.87 $ 52,899.32 $1,026.74 $10,641.06 $
1,521.75 1,521.75
STUDENT WELFARE
Dean of Men
S 432.10 $ 408.00 $
Dean of Women
987.55
980.20
Total Student Welfare 1 1,419.65 $ 1,388.20 $
24.10 7.35
31.45
PHYSICAL PLANT
$106,312.03 $ 32,690.27
$44,661.05 $ 28,960.71
LIBRARY
$ 16,948.57 $ 8,068.68
$ 8,879.89
INSTRUCTION Art Biology Chemistry Commerce Education English Home Economics History Modern Language Mathematics Mus ic Physical Education Psychology Physics Soc iology Summer Session Total Inst ruction
EXTENSION Division of Forums Press As sociation Total Extension
$ 6,790.82 $ 6,632.88 20,250.27 15,623.56 $ 22,132.38 17,859.18 66,848.74 64,391.94 5,283,75 5,274.85
$ 85.94 $
7.20 2,094.98
110.90 2,522.72
362.05
10.27
8.90
72.00 2,524.53 1,639.58 2,084.48
38,454.58 38,290.57 22.14 141.87
2,386.70 2,186.86 19,630.14 19,204.83 13,387.71 13,379.96
104.55 7.75
167.23 159.42
32.61 161.34
15,012.73 15,012.73
1,498.60 1,436.88 7,731.52 6,981.76 10,170.06 10,140.82
8.55
61.72 47.25 29.24
693.96
10,764.87 8,899.49 6,981.23 6,879.06 102.17
198.00 1,667.38
26,646.63 26,646.63
$273,970.73 $258,842.00 $ 734,21 $ 5,518.64 $ 8,875.88
$ .3,075.14 $ 2,381.00 $ 224.88 $ 469.26
3,769.50 3.600.00
169.50
$ 6,844.64 $ 5,981.00 $ 224.88 $ 638.76
PLANT ADDITIONS Loan on Building Gyranas ium Land Purchases Total Plant Add.
$175,612.50 44,424.13 92.189.90
$312,226.53
$175.612.50 44,424.13 92.189.90
$312,226.53
TOTAL EDUCATIONAL & GEN.
$783,811.02 $359,869.47 $2,017.28 $70,339.40 $351,584.87
- 87
THE UNIVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1$4
INCOME
Bookstore Office Building Rentals TOTAL AUXILIARY INCOME
$ 82,331.80 51.474.56
$133,806.36
EXPENDITURES
Bookstore Office Building
Total
Salaries Purchases Operating Equipnent and
and
for
Supplies Other Capital
Wages Resale & Expense Additions
$ 85,632.45 $2,186.80 $82,855.82 $ 299.83 $290.00
24,364.53 4,247.00
20,117.53
TOTAL AUXILIARY EXPENDITURES $109,996.98 $6,433.80 $82,855.82 $20,417.36 $290.00
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Student Credit Union Student Promotion Retirement Collection Withholding Tax Collection Group Insurance
TOTAL AGENCY FUNDS
Balance Beginning ,icceipts
Of Year for Year
Disburse- Balance ments End
for Year Of Year
$4,069.91 $ 9,480.20 $10,124.17 $3,425.94 1,452.70 10,975.10 9,254.00 3,173.80 6,153.91 6,153.91 35,084.24 35,084.24
____|______3,666.45 3,236.76 429.69
$5,522.61 $65,359.90 $63,853.08 $7,029.43
- 88 -
THE UUrVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Balance Receipts FUND________ ________July 1, 1947 For Year
Disbursements Cash Balance
For Year
June 30 1948
GENERAL AUXILIARY
TOTAL AGENCY FUNDS
TOTAL
$104,019.48 $ 959,825.61 $783,811.02
22, 644. 95
133,806.36 109,996.98
$126,664.43 $1,074,332.63 $899,267.98
5,522.61
20,455.30 19,378.17
$132,187.04 $1,094,787.93 $918,646.15
$280,034-07 46,454.33
$326,488.40 6,599.74
$333,088.14
BANK BALANCES
Fulton Nat'1 Bank Operating Account Revenue Collections Account Student Promotion Office Building Account Total
C & S Nat'1 Bank Bookstore
First Nat'1 Bank Student Credit Union
T0TAL
$255,257.07 24,777.00 3,173.80 46,312.81
$329,520.68
141.52 3 425 94 $333,088.14
89
THE UNIVERSITY OF GEORGIA
ATLANTA DIVISION ATLANTA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT
For Year Ended June 30, 1948
9 Hu
A. LAND Campus Off Campus
Total Land
B. BUILDINGS Administration & Classroom Gymnas ium DeKalb Extension
Total Buildings
C. EQUIPMENT Administrative Offices & Classrooms Auditor ium-Gymnas ium Instructional Departments Library
Total Equipment
TOTAL INVESTMENT IN PLANT
Investment
Investment
Year Beginning Additions
End
Acquired Of Year
Of Year_
1945-47 $ 74,772.01 $ 92,189.90 $166,961.91 1945-47 4,200.00_____________ 4,200.00
$ 78,972.01 $ 92,189.90 $171,161.91
1945 1947 1942
$447,754.20
$447,754.20
$ 44,424.13 44,424.13
4,350.00
4,350.00
$452,104.20 $ 44,424.13 $496,528.33
$ 33,573.40 $ 14,550.60 $ 48,124.00 6,513.50 6,513.50
23,202.12 8,097.49 31,299.61 30,000.00 10,000.00 40,000.00
$ 86,775.52 $ 39,161.59 $125,937.11
$617,851.73 $175,775.62 $793,627.35
kK 90
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Imprest Cash Utilities Deposit-Tech. Inst. Accounts Receivable Due from Other Funds TOTAL GENERAL, FUNDS
$184,243.21 5,600.00 2,628.09
375,418.13 4,356.43 $
572,245.86
B. RESTRICTED Cash in Bank Investments (Temporary) TOTAL RESTRICTED FUNDS
$214,281.34 725,000,00 $ 939,281.34
C. AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Stores (Inventories) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III.
ENDOWMENT FUNDS
Cash in Bank
Investments
U.S. Securities
$ 9,000.00
Preferred & Com. Stock 5,300.00
Real Estate Mortgages 9,371.55
Real Estate Owned
465,400.26
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash in Bank Notes Receivable Bonds Real Estate TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT FUNDS
TOTAL ASSETS
$215,254.64 3,220.00
95,523.38 175,548.15
$
489,546.17 $ 2,001,073.37
$100,108.39
$ 100,108.39
$ 15,300.30
489,071.81
504,372.11
$ 7,203.51 11,682.69 70,369.92 12,223.22
101,479.34
$1,294,966.22 8,084,132.07 3,446,850.35
12,825,948.64
$15,532,981.85
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES \ND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Contracts Payable General Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Trust Balance TOTAL RESTRICTED FUNDS
$ 12,981.65 38,460.80 58,550.85
462,252.56
572,245.86
939,281.34
C. AUXILIARY Purchase Orders Outstanding Due Other Funds Unearned Income Reserve for Stores (Inventories) Reserve for Bond Sinking Fund Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
III. ENDOWMENT FUNDS Fund Balances
IV. STUDENT LOAN FUNDS Fund Balances
V. PHYSICAL PLANT Bonds Payable Invested in Plant TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
& 32,839.66 4,356.43 5,816.00
175,548.15 102,874.75 168,111.18
489,546.17 $ 2,001,073.37
100,108.39
504,372.11
101,479.34
$3,213,000.00 9,612.948.64 $12,825,948.64
$15,532,981.85
- 93 -
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME
For Year Ended June 30, 1948
General
Restricted
Source
Income
Income
Total Inc one
STUDENT FEES Non-Resident Matriculation Health Service Other Student Fees Summer School Fees Total Student Fees
$1,224,249.13 805,342.77 68,951.26 2,305.15 288,112.96
$2,388,961.27
$1,224,249.13 805,342.77 68,951.26 2,305.15 288,112.96
$2.388,961.27
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus
(45-46 & 46-47) Burge Apartments Textile Building Supersonic Wind Tunnel Vocational Funds City City of Atlanta County Fulton County Total Public Appropriations
$ 651,000.00 248,^.44
$ 651,000.00 ' 248,^.44
$ .683,742.20 683,742.20
1,025,000.00 1,025,000.00
59,750.00 59,750.00
17,406.82
17,406.82
25,038.34 25,038.34
25,000.00 25,000.00 $ 419,853.3811,818,530.54$2,238,383.92
ENDOWMENT Julius Brown Endowment Daniel Guggenheim Aeronautics Fund Josephine Cloudman Endowment Fund Broadus E. Willingham Textile Fund Philip H. Lamar Research Fund Forrester-McRae-Rankin Endowment Fund
Total Endowment
I 21,413.32 11,792.12 7,665.00 40.28 2,720.07 92.43
$ 43,723,22
$ 21,413.32 11,792.12 7,665.00 40.28 2,720,07 92,43
$ 43,723.22
GIFTS AND GRANTS
Textile Foundation
$
Georgia Hotel Association
Carnegie Award Fellowship-J.D. Wright
Carnegie Award Fe1lowship-W.D. Jones
Carnegie Award Fellowship-H.W. Adams
Tech. Inst.-Davidson-Kennedy School Fund
Gen. Educa. Board-Special & Rare Equip. Tech. Inst.-Auto-Soler Co. Scholarship jFund
Spicer Fellowship Award
Moore Fellowship Award
Texas Co. Fellowship Award
Vidosic Fellowship Award
Shell Oil Co. Fellowship Award
Southern Airways Research Fellowship
Louis H. Wellhouse Research
Henry L. Doherty Edu. Founda. Scholarsh ip
Total Gifts and Grants
$
94 -
12,500.00$ 4,359.00
16,859.00$
25,000.00$
1,000.00 200.00
1 ,000.00 112.50
8,257.83 125,00 300.63 400.00
1,500.00 1,050.00 2,130.00 6,082.50
156.17 150.00 47,464.63$
37,500.00 4,359.00 1,000.00 200.00 1 ,000.00 112.50 8,257.83 125-00
300.63 400.00
1,500.00 1,050.00 2,130.00 6,082.50
156.17 150.00 64,323.63
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
General Income
Restricted Total
Income
Income
OTHER SOURCES
Rental Property
$ 20,765.45$ 20,765.45
Research Department Income
$ 408,358.41
408,358.41
Veterans Guidance Fees
47,960.10
47,960.10
General & Miscellaneous
1,212.10
1,212.10
Interest-Investment of Funds, Textile Bldg;______________1,012.50 1,012.50
Total Other Sources
1 . 457,530.61$ 21,777.95$ 479,308.56
Total Educational and General Income
$3,326,927.4811,887,773.1215,214,700.60
NON-INCOME RECEIPTS Trustee Construction Fund Returned Checks Payment of 17 houses-Cherry and Plum Julius Brown Endowment Josephine Cloudman Endowment Forrester-McRae-Rankin Endowment Student Loan Funds Transfer from Ga. Tech Textile Bldg. Total Non-Income Receipts
Total Educational and General Receipts
$ 24,766.86 1,204.28
$ 24,766.86 1,204.28
3,820,00
3,820.00
2,679.81
2,679.81
680.00
.680.00
15,900.00
15,900.00
$ 30,000.00 30,000.00
$ . 49,050.95$ . 30,000.00$ 79,050.95
$3,375,978.43$1,917,773.12$5,293,751.55
95
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF AUXILIARY INCOME For Year Ended June 30, 1948
INCOME
Bookstore Dormi torie s
Br own Cloudman Harris Howe 11 Harrison Glenn Towers Smi th Technical Institute Techwood Genera 1
Total Dormitories Apartments
Burge Callaway
Total Apartments Dining Halls
Brittain Technical Institute
Total Dining Halls Military Uniform Deposits
$ 11,851.76 4,533.97
13,426.40 19,267.77 24,881.81 50,643.06 38,198.53 31,730.52
2,407.57 38,686.02
3,184.75
29,502.18 95,080.74
365,161.67 6,581.44
Non-Income Transferred from Trust Funds - Brown Dorm.
TOTAL AUXILIARY ENTERPRISE RECEIPTS
Total Income $ 777,106.36
238,812.16 124,582.92 371,743.11
34,813.72 12,000.00 $1,559,058.27
96
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
ADMINISTRATIVE & GENERAL Alumni Office Comptroller Office Executive Dean's Office
General Expense Public Relations President's Office Registrar's Office
Tot'al Adm. & Gen.
Fund Classi ficat ion
Genera 1
Restricted
Salaries & Wages
Object Classifications
Trave1 Expense
Operating Equipment and Supplies Other Capital & Expense Additions
$ 6,777.39
59*616.15 17*461.83 68,683.64 10*953.43 32*499.68 54.171,14 $250,163,26
$ 6,600.00
$ 177.39
57*303.87
$
16,838.67
623.16
3,633.87 $4,142.25 54*912.91
9*052.73 438.28 1,462.42
32,499.68
45.130.97
321.00
8.719.17
$171,059.79 $4,901.53 $ 65,895.05 $
2,312.28 5,994.61
8,306.89
STUDENT WELFARE Dean of Students Health Service Y.M.C.A, Total Student Welfare
$ 31,129.97 46,766.51 4,499.85
$ 82,396.33
$ 28,305.17 $ 31,833.77
$ 60,138.94 $
172.52 $ 2,652.28 14,932.74 4,499.85
172.52 $ 22,084.87
PLANT OPERATIONS Administrative Operations Utilities Architectual Services Burge Apartments Textile Building Wind Tunnel Supersonic Wind Tunnel Rehabilitation Projects City of Atlanta & Fulton Co. Spec. Pur. & Sale of Real Est Rental Property F% W. A. Projects Garage & Warehouse Research Addition
$ 9*315.00 346*414.40 92,422.88 47,987.72 $
$ 9*315.00
176*128.52
23*090,05
39,976.10
683*742.20
331*757.21
24*635.00
2*220.52 2*131.36
188*865.27 50*475.50
55,495.82 5,400.00
31.92
13*906.35 2,948.22
26,938.38
14.00
11*417.67
89,352.10
600.00
Total Plant Oper.
$496,140.00 $1,428,362.44 $310,078.75
$ 96*936.43 $ 69,332.83 245,00
76.65 47,442.33
31.92 5*388.36 7,700.28
148.28
73,349.45
7*766.62 683*742.20 331*757.21
24,635.00 12.51
90,947.44 50,095.82
5*569.77 19,224.10 11,417.67 88,603.82
$227,302.08 $1 ,387.121.61
LIBRARY
INSTRUCTION Co-oper. Dept. Engineering College Dean* s Office Aeronaut. Engr. Architecture Ceramics Chemical Civil Electrical Drawing & Mech. Industrial Mechanical Safety Textile General College Dean's Office Biology Chemistry Ec onomics English Mathematics Modern Languages Mus ic Physics Physical Training Psychology Graduate Division Military Science Naval Science
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
Fund Classification
Object Classi fications
Operating Equipment &
Salaries
Trave 1
Supplies Other Capital
General
Restricted
& Wages
Expense
& Expense Additions
$ 76,284.15 $ 9,379.17
$ 43,722.57 $ 798.60 $ 2,049.90 $ 39,092.25
$ 11,664.15
13,115.71 48,164.67 61,102.53 22,960.49 59,718.54 58,557.40 85,672.89 92,542.16 37,557.80 134,176.82 12,175.54 49,404.75
11,944.96 15,586.21 110,276.20 117,414.41 107,758.99 125,850.80 35,806.30
9,545.48 102,147.47
50,708.20 16,667.53 29,406.76
4,170.66 2,168.53
$ 9,693.33
11,686.46 36,025.61 48,487.88 18,420.78 44,351.69 50,211.29 77,453.59 90,806.26 35,053.83 119,831.86 11,507.48 44,697.53
10,442.34 13,722.82 89,801.03 115,226.63 103,132.56 123,264.46 33,880.80
8,377.42 85,372.80 46,338.48 14,354.64 28,183.12
3,255.00 2,074.98
$1,945.80
474.13 485.83 767.30 350.01 444,58 576.54 714.67 287.37 501.99 510.52 480.71 605.20
393.05 47.90
486.06 289.93 65.70 173,95 144.03
384.47
263.78 506.99
227.24 1,748.82 1,488.49 1,564.10 4,739.13 4,862.75 1,279.05
366,49 621,77 7,358.70 187.35 3,273.97
266.69 629.51 11,372.93 1,067.22 1,031.89 1,558.30
90.28 93.67 5,106.14 4,369.72 417.87 394.71 915.66 93.55
25,02
727.88 9,904.41 10,358.86 2,625.60 10,183.14 2,906.82 6,225.58 1,082.04 1,380.21 6,475.74
828.05
842.88 1,185.98 8,616.18
830.63 3,528.84
854.09 1,691.19 1,074.39 11,284.06
1,631.24 321.94
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
__________For Year Ended June 30, 1948
Fund Classif ication
Object Classifications
Operating Equipment and
General Restricted
Salaries & Wages
Iravel Expense
Supplies Other Capital
& Expense
Additions
Surplus Property
$ 3,304.95
Summer School
195,182.20
Total Instruction
11,624,753.10
RESEARCH
$ 461,461.55
fcAlfclNSIUJN
Administration Evening School Extension School
$ 23,944.80 133,743.62 13,254.59
Industrial Education Tech Institute Veterans Guidance
Total Extension urne, al.ilV11ir,b
16,252.60 76,290.63 51,159.54 1 314,645.78
Carnegie Award-James D.Wright Carnegie Award-W. Dale Jones Business Off. Machine Special and Rare Equipment Spicer Fellowship Award Moore Fellowship Award Vidosic Fellowship Award Shell Oil Company Fellowship Henry L. Doherty Fellowship
$
497.28
197.48
900,50
23,886,00
300.63
361.29
254,43
1,505.30
89. 50
TOTAL EDU. & GEN. EXP.
_____________ $ 27.992.41 $3,305,844.17$1,465,734.02
$ 3,304.95
$ 194,095.39
$
$1,469.750.06110.900.51$ 58,430.95 $
$ 318,366.92118,908.70$ 73,637.13 $
1,086.81 85,671.58 50,548.80
$ 22,993.22$
77.20$
423.42 $
131,158.71 146.80 1,006.13
11,230.95 401.13 1,622.51
13,254,96 2,644.08
353.56
15,466.80 811.90 42,309.90
44.979.21 405.70 5,287.39
$ 239,083.85$ 4,486.81$ 51,002.91 $
450.96 1,431.98
17,702.03 487.24
20,072.21
$
103.53
$ 393,75
177.25 $
20.23
900 .50
1,224,12
22,661.88
300.63
242.21
119.08
31.10 1,215.00
218.60 290.30
4.73
89,50
$ 1,681.34
$ 2,723.73 $ 23,587.34
$2,613,882.22140,168,671503,126,62 $1,614,400v68
NON EXPENSE Advance to C. Inn Purchase-U. S. Bonds Total Non-Exp.
$ 16,599.33 $ 725.000.00
$ 16,599.33$ 725,000.00
TOTAL EDUCATIONAL AND GENERAL
DISBURSEMENTS
$3,322,443.50$2,190,734.02
100
Bookstore Dormitories
Brown Cloudman Harris Harrison Howell Glenn Towers Smith Technical Institute Techwood
Total Dormitories
Dining Halls Brittain Tech. Institute Total Dining Hall
Apartments Callaway Burge Total Apartments
Military Uniforms
TOTAL AUXILIARY EXPENDITURES
Non-Expense--Surplus
TOTAL AUXILIARY DISBURSEMENTS
GEORGIA SCHOOL OF .'TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Total
Salaries & Wages
Purchase for
Resale
Operating Supplies & Expense
Equipment ; Other Capi
Addition
S 774.701.75 $107,912.31 $601,398.59 $ 47.750.71 $17,640.14
14,720.23
4,883.00
9,485.04
352.19
8,360.98
1,447.60
6,816.71
96.67
14.572.82
6,395.59
8,074.12
103.11
23,006.98
7,040.39
10,926.87 5,039.72
19,658.21
6,188.09
9,540.99 3,929.13
24,292.52
9,054.92
15,220.12
17.48
20.490.83
8,521.88
11,955.15
13.80
17,141.90
5,973.23
11,151.19
17.48
2,160.84
545.78
842.17
772.89
47.865.34 17,742.31
30,010.72
112.31
$ 192,270.65 $ 67,792.79
$114,023.08 $10,454.78
$ 358,552.06 $ 97,076.37
12.125.92
3.109.16
370,677.98 $100,185.53
$256,914.51 $ 4,561.18
8,361.93
654.83
$265,276.44 $ 5,216.01
$ 42,114.21 $ 11,885.10
19.194.36
5.617.30
$ 61.308.57 $ 17,502.40
$ 30,164.69 $ 13,549.43
$ 43,714.12 $
64.42 27.63 92.05
$ 60,257.28
$ 59,424.39 $ 832.89
$1,459,216.23 $293,393.03 $660,822.98 $471,597.24 $33,402.98
$
638.69
$1, 459,854.92
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Balance Beginning
of Year
Income for Year
Expenditures Trans- Balance
for
fers end of
Year
Year
City of Atlanta & Fulton
County
$ 5,347.27 $ 50,038.34 $ 55,495.82
Carnegie Award Fellowship-
James D. Wright
1,000.00
497.28
Carnegie Award Fellowship-
W. Dale Jones
200.00
197.48
Carnegie Award Fellowship-
Henry W. Adams
1 ,000.00
Tech Inst. Davison-Kennedy-
Scholarship
112.50
F.W.A. Projects
50,886.18
26,938.38
Tech. Inst. Auto-Soler
Co. Scholarship Fund
125.00
Spec. & Rare Equipment
10,700.65
8,257.83 23,886.00
F.W.A. Project jjIN.P. 25
4,807.50
G.E.B. Library
9,379.17
9,379.17
Spicer Fellowship Award
300.63
300.63
Moore Fellowship Award
400.00
361.29
Texas Co. Fellowship Award
1,500.00
Vidosic Fellowship Award
1,050.00
254.43
Shell Oil Co. Fellowship
2,130.00
1,505.30
Southern Airways Research
6,082.50
Louis H. Wellhouse Research
156.17
Henry L. Doherty Ed. Found
Scholarship
150.00
89.50
Research Addition
96,489,00
89,352.10
Rental Property
6,564.24 20,765.45 13,906.35
Garage & Warehouse
12,575.13
11,417.67
Bus, Office Machines
7,000.00
900.50
Water Main
.54
Wind Tunnel
35,000.00
24,635.00
Burge Apt. Purchase
683,742.20 683,742.20
Spec. Sale & Purchase of
Real Estate
31.92
Rehabilitation Project
248,492.56
188,865.27
Supersonic Wind Tunnel
59,750.00 2,220.52
Textile Building
1,081,012.50 331,757.21
Temporary Investments
725,000.00
TOTALS
$487,242.24 $1,917,773.12 $2,190,734.02
$
110 .2 1
502.72
2.52
1,000.00
112.50 23,947.80
125.00 4 .927.52 4,807.50
38.71 1,500.00
795.57 624.70 6,082.50 156.17
60.50 7,136.90 13,423.34 1,157.46 6,099.50 .54 10,365.00
S1.2 .54 59,627.83
57,529.48 749,255.29 725,000.00 $214,281.34
101
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1948
Balance of Principal, beginning of year
ADDITIONS: Receipts: 1 . Gifts & Grants from private sources 2. Profit on Investments 3 . Income on Investments 4. Income from Endowments Total Additions
DEDUCTIONS: 1. Notes Written Off 2. Transferred to General Funds 3. Transferred to Restricted Funds Total Deductions
BALANCE OF PRINCIPAL, END OF YEAR
Endowment Funds
Loan Funds
$511,261.84 $112,903.88
268.01 11,558.00
1,503.26 30,420.47
43,749.74
345.00 396.61
741.61
$ 2,136.50 30,420.47 18,082.50
$ 50,639.47
$ 12,166.15
_____ $ 12,166.15
$504,372.11 $101,479.34
102
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
Fund ENDOWMENT FUNDS
Fund Balance
Fund Balance
Beginning of
End of
Year
Additions Deductions Year
Architects Alumni Prize Fund E. 0 . Batson Scholarship Fund Julius Brown Endow. Fund Brown, Mem. Hall Sinking Fund Josephine Cloudman Endowment F orrester-McRae-Rankin
Endowment Fund
Daniel Guggenheim Aero. Fund Philip H. Lamar Research
T. Earl Stribling Memorial
$ 300-00
11,034.10 185,455.00 34.081.84 66.370.84
$ 126,00 711.97
16,864.28 665.29
16,538.00
$19,000.78 12,000.00
4,980.00
$ 426.00 11,746.07
183,318.50 22,747.13 77,928.84
1,910.03 168,111.95
32,000.00
42.82 5,788.30 2,720.07
42.82 5,788.30 2,720.07
1,910.03 168,111.95 32,000.00
Textile Fellowship W.G.S.T. Radio Broadcast St. Broadus E, Willingham Text. Sou. Airways Research TOTAL ENDOWMENT FUNDS
4,915.58 1,000,00 6.082.50
1511,261,84
268-01 25,00 $43,749.74
25.00 6.082.50 $50,639.47
268.01 4,915.58 1,000,00
$504,372.11
LOAN FUNDS
Architects Loan Fund George W. Adair
$ 203.67 $
J. Baldwin
461.00
M . R . Berry
51.83
S. F. Boykin
3,122.05
T. P, Branch Memorial
101.83
M. L. Brittain Sunday School Class J. B. Campbell
128.69 511.00
Josephine L. Cloudman
511.00
William B.Coleman, Post
12,710.41
Holland Coleman
429.66
Mrs. Alice Coons
733.78
A. C. Dobbs
4,910.81
A. French
91.49
Ga. Federation of Labor Mrs. A. V, Gude J. M. High Dr. & Mrs. T. P. Hinman Lyman Hall Edwin Johnson K. A. Foundation Lona Mansfield E. P" McBurney J. A. McFarland Malter Lodge
2,018.63 979.60 203.67
2,264.17 205.50
1,713.38 491.63 88.00
920.43 11,934.75
100.00
Gayle Nimmock Memorial
1,284.57
149.17
-03 .10 .02 7.13 .02 .03 10 10 24.96 .08 1.33 8.99 16 5.12 1.78 .03 4.08 05 3.09 .90
1.68 23.04
2.31 03
$ 2.44 7.27 1.19
479.36 1.19 2.43 7.28 7.28
1,644.90 6.05 88.84
604.66 10.94 344.31 119.24 2.43 274.97 3.63 208.03 60.83
113.16 1,550.00
155.73 2.43
$ 201.26 453.83 50.66
2,649.82 100.66 126,29 503.82 503.82
11,090.47 423.69 646 27
4.315.14 80.71
1.679.44 862,14 201,27
1,993.28 201.92
1.508.44 431.70 88.00 808.95
10,407.79 100.00
1.131.15 146.77
r, 103 -
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
Fund
Fund Balance
Fund Balance
Beginning of
End of
Year
Additions Deductions Year
T. W. Smith
$ 270.50 $
Scottish Rite
1,223.58
Sam W. Small
101.83
J. P. Stevens
6,125.23
Quartermaster
38,581.31
M. Rich
50.00
L. W. Robert
101.83
Clark Thornton Memorial
371.66
E. A. Turner
51.83
Mrs. Fannie B. Wright
945.16
Irving Subway Grating Co. Inc .
C. L.' King Mem. Scholarship
12,635.00
Joseph M. Terrell
6,125.23
TOTAL LOAN FUNDS
$112,903.88 $
05 $
3.63 15 266.92
2.21
148.44 1,077.35
.02
1.20
100.65
182.43
.747.01
5,560.65
72.31 4,798.43 33,855.19 50.00
.02
1.19
100.66
.08
6.08
365.66
.02
1.19
50.66
.19
13.38
931.97
345.00
.345.00
43.00
12,678.00
11.12
747.01 5,389.34
741.61 $12,166.15 $101,479.34
TOTAL TRUST FUNDS
$624,165.72 $44 ,491.35 $62,805.62 !$605,851.45
STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
ENDOWMENT FUNDS Bonds, Governmental Stocks, Common Stocks, Preferred Campus Real Estate Off Campus Real Estate Notes Receivable W.G.S.T. Broadcasting Station Total Endowment
LOANS FUNDS Bonds, Governmental Bonds, Commercial Campus Real Estate Off Campus Real Estate Student Notes Receivable Accrued Interest Receivable
TOTAL TRUST FUND INVESTMENTS
Book Value
$ 9,000.00 5,000.00 300.00
257,227.56 203,251.12
9,371.55 4,915.58 $489,071.81
$ 20,050.00 49,921.17 2,752.64 9,470.58 11,682.69 .398.75
$ 94,275.83
$583,347.64
Market Value
$ 9,000.00 31,750.00 345.00
257,227.56 203,257.12
9,371.55 739,251.58* $1,250,202.81
$ 20,050.00 49,921.17 2,752.64 9,470.58 11,682.69 .398.75
$ 94,275.83
$1,344,478.64
* Net worth -per k.G.S.T. Balance Sheet. - 104 -
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
CURRENT FUNDS General Restricted Auxi1iary Total Current Funds
Cash Balance Receipts Disbursements Cash Balance
llX==l_j_ _^
_____ for_Year June 30,1948
$138,936.37 13,375,978.43 $3,322,443.50 $192,471.30 487,242.24 1,917,773.12 2,190,734.02 214,281.34 119,271.29 1,559,058.27 1,459,854.92 218,474.64
$745,449.90 $6,852,809.82 $6,973,032.44 $625,227.28
AGENCY FUNDS
$123.,247.43 $1,159,743.21 $1,182,882.25 $100,108.39
TRUST FUNDS Endowment Loan Total T rust Funds
$ 46,554.12 $ 94,132.96 $ 51,417.68_____ 52,230.20
$ 97,971.80 $ 146,363.16 $
125,386.78 $ 15,300.30 96,444.37 7,203.51
221,831.15 $ 22,503.81
TOTALS
$966,669.13 $8,158,916,19 $8,377,745.84 $747,839.48
Bond Sinking Fund This Fund included in Auxiliary Enterprises above.
$ 117,913.99 $ 42,318.75 $ 75,595.24
BANK BALANCES
First National Bank of Atlanta - Main Office
$269,308.07
First National Bank of Atlanta - Peachtree & North Ave. Branch 378,381.56
Trust Company of Georgia
Imprest Cash
75,595.24
8,720.00
Utilities Deposit, Technical Institute
2,628.09
Deposit in Transit - General Funds
13,206.52
Total Bank Balances
$747,839.48
105 -
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
RECONCILIATION OF CASH AND BANK For Year Ended June 30, 1948
BALANCES PER RECONCILIATIONS Operating Account Returned Items in Transit Deposit in Transit Bank Adjustments Imprest Cash Utilities Deposit, Technical Institute Net Operating Account
Payroll Account Revenue Fund Research Grant #264 Deposit Account F.W.A. Account Trust Fund Account Bond Sinking Fund Account Textile Building Account College Inn College Inn-Payroll Account College Inn-Petty Cash
Total College Inn
TOTAL PER RECONCILIATIONS
BALANCES - PER BOOKS Current General Imprest Cash Utilities Deposit, Technical Institute Net Current General
Current Restricted Agency Funds Current Auxiliary Imprest Cash
Net Current Auxiliary
Trust Funds
TOTAL PER BOOKS
$245,029.86 20.88
13,206.52 2.04
6,170.00 2,628.09
$267,057.39
$ 24,553.75 241.58
2,550.00
124,073.42 25,421.92 3,391.80
173,387.78 4,807.50
22,503.81 75,595.24 24,255.29
27,345.33
$747,839.48
$184,243.21 5,600.00 2,628.09
$192,471.30
$215,254.64 3,220.00
214,281.34 100,108.39
$218,474.64
22,503.81
$747,839.48
106
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
AGENCY FUNDS For Year Ended June 30, 1948
Tuit ion Deposits Checks for Cash Federal Loan Student Activities Student Bank Room Deposits Retirement Collections Withholding Tax Collect ions National Institute of Health G a . Tech Flying Club W. A. Alexander Fund Lock and Key Deposits Ga. Tech Even. School Flower Fun*d Dean Skiles Fund Student Council Fund Anak Society
Security Deposits - New Apartments Ext. Div. Short Courses & Conferenc Student Lectures & Concerts Heisman Fund 1928 Memorial Window Architectural Society Fund R.O.T.C. Rifle Club Georgia Tech Alumni Foundation Gift to G eprgia Tech Band Band Uniforms Chi Psi Scholarship Fund Student Union Eldg. Fund Sears-Roebuck Scholarship
Total Agency Funds
balance as of 7-1-47
Receipts
Balance as of
Disbursements 7-30-48
22,404.85 $ 42,050.00 $ 40,854.85 $ 23,600.00
56,503.76 56,084.61
419.15
411.54
1,846.19
2,257.73
29,522,08 141,383.93 134,810.84 36,095.17
47,127.58 507,395.45 525,160.01 29,363.02
11,968.00 63,184.00 75,152.00
48,458.84 48,458.84
21-43 274,974.76 274,953.33
11,834.81
5,282.00 13,725.0] 3,391.80
493.10
99.50
393.60
442.00
442.00
2,889.13
2,256.30
632.83
30.00
30.00
762.01
429.72
332.29
816.52
816.52
595.00
533.40
61.60
2,610.00
280.00 2,330.00
465.65
312.15
153.50
3,723.06
3,883.47
16 0 .4 1
387.00
380.00
7.00
50.00
50.00
291.70
261.97
29.73
350.00
350.00
1,000.00
1,000.00
231.00
231.00
2,565.07
2,565.07
200.00
200.00
433.04
433.04
330.00
180.00
150.00
$123,247.43 $1,159,743.21 $1,182,882.25 $100,108.39
107
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment Beginning
of Year Additions
Investment End of Year
A. LAND AND IMPROVEMENTS
Campus
$932,485.00 $159,224.10 $1,091,709.10
Off Campus
167,883.27 35,373.85 203,257.12
Total Land & Improvements$l,100,368.27 $194,597.95 $1,294,966.22
B. BUILDINGS
Academic
$
Old Shop
Knowles
Textile
Electrical
Lyman Hall
Library
Y.M.C.A.
Power Plant
Mi litary
Garage & Store Room
Mechanical
Physics
Ceramics
Army Headquarters
Guggenheim
Naval Armory
Auditorium Gym
Civil Engineering
Engineering Drawing
Engineering Experiment Station
Chemistry Annex
Rehabilitation Addition
Swann
Greenhouse
680 Cherry Street
688 Cherry Street
694 Cherry Street
713 Cherry Street
719 Cherry Street
268 Ponce de Leon Avenue
273 Ponce de Leon Avenue
277 Ponce de Leon Avenue
Grant Field Stadium
Tennis Courts
Rose Bowl Stands
Athletic Office Building
Hospital
Julius Brown
N. E. Harris
70,000.00 58,000.00 50,000.00 58,000.00 45,000.00 155,000.00 31,000.00 70,000.00 241,000.00 10,000.00
5,000.00 210,000.00 163,000.00
49,000.00 4,500.00
93,000.00 102,000.00 266,000.00 155,000.00 173,000.00
94,000.00 50,000.00
4,200.00 50,000.00
1,000.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 568,781.72 33,823.59 70,000.00 70,000.00 27,000.00 58,000.00 71,000.00
$
378,513.31 12,604.86
70,000.00 58,000.00 50,000.00 58,000.00 45,000.00 155,000.00 31,000.00 70,000.00 241,000.00 10,000.00
5,000.00 210,000.00 163,000.00
49,000.00 4,500.00
93,000.00 102,000.00 266,000.00 155,000.00 173,000.00
94,000.00 50,000.00
4,200.00 50,000.00
1,000.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 947,295.03 46,428.45 70,000.00 70,000.00 27,000.00 58,000.00 71,000.00
108
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
Er ittain D ining Hall Cloudman
Ci ark Howe 11 {y# W. Harr ison Pre sident" s House Ser vant House 889 Atlant ic Drive 704 Cherry Street 708 Cherry Street 709 Cherry Street 712 Cherry Street 718 Cherry St reet 724 Cherry Street 734 Cherry Street 836 Cherry Street 850 Cherry Street 856 Cherry Street 866 Cherry Street 870 Cherry Street 876 Cherry Street 880 Cherry Street 886 Cherry Street 906 Cherry St reet 259 tilth Street 260 Fifth Street 269 Fifth Street 276 Fifth Street 286 Fifth Street 296 Fifth 5Street 311 tilth Street 153 fourth Street 167 fourth Street 312 fourth Street 313 Fourth Street 316 fourth Street 317 Fourth Street 322 fourth Street 323 Fourth Street 639- 43 Hemphill Avenue 661 Plum St reet 665 Plum St reet 681 Plum St reet 835 Plum St reet 875 Plum St reet 879 Plum St reet
STATEMENT OF INVESTMENT IN PLANT For Year En ded June 30, 1948
Investment
Beginning
of Year
Additions
$120,000.00 77,000.00
137,200.00 152,000.00
11,700.00 500.00
1,500.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 2,500.00 4,000.00 4,000.00
4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3,600-00
3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 4,500.00 3,500.00 2,250,00 2,250.00 2,250.00 3,600.00 2,250.00 3,600.00 3,600,00 1,800.00 1,800.00 1,800.00 4,000.00 4,000.00 4,000.00
Investment End of Year
$120,000.00 77,000.00
137,200.00 152,000.00
11,700.00 500.00
1,500.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 1,800.00 2,500.00 4,000.00 4,000-00
4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 3.600.00 3.600.00 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00 4,500.00 3,500.00 2,250.00 2,250.00 2,250.00 3,600.00 2,250.00 3,600.00 3,600.00 1,800.00 1,800.00 1,800.00 4,000.00 4,000.00 4,000.00
109
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT
For Year Ended June 30, 1948
Investment
Beginning
Year
Additions
885 Plum Street 889 Plum Street 899 Plum Street 905 Plum Street 274 Ponce de Leon Avenue 278 Ponce de Leon Avenue 283 Ponce de Leon Avenue 287 Ponce de Leon Avenue 272 Third Street 714 Techwood Drive 792 Techwood Drive Corner Plum & Hemphill Corner Plum & Hemphill Miss Fay Sanner Research Addition 707 Cherry Street Garage & Warehouse Callaway Apartments Burge Apartments Glenn, Smith & Towers Dormitories Steam & Electric Distribution Systems
for Bond Issue Buildings TOTAL BUILDINGS
o oo
,00 4,000,,00 4,000,,00 4,000-.00 1,800.,00 1,800.,00 1,800,00 1,800,,00 1,500.,00 4,500.,00 4,500. 00 1,500. 00
500. 00 4,500. 00
$ 88,603.82 2,000.,00
11,417.,67 1,329,543.,95
683,742,20 1,595,835. 03
201,365. 92 780,505. 31 4,303,626 76
Investment End of Year
$ 4,000,00 4,000.,00 4,000,,00
- 4,000,.00 1,800,,00 1,800,,00 1,800. 00 1,800.,00 1,500.,00 4,500..00 4,500.,00 1,500.,00 500,00 4,500. 00
88,603 82 2,000. 00
11,417,67 1,329,543. 95
683,742. 20 1,595,835. 03
201,365. 92 8,084,132. 07
110 -
GEORGIA SCHOOL OF TECHNOLOGY
ATLANTA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT
For Year Ended June 30, 1948
Investment Beginning
of Year
Investment
End of
Additions Deductions
Year
D. EQUIPMENT
Administrative Offices $ 33,493.05$ 38,164.37
$ 71,657.42
*Physical Plant
450,609.52
$72,102.70 378,506.82
Library
426,521.75 54,815.75
481,337.50
Hospital
23,066.37
2,244.14
20,822.23
instructional Depts.
1,130,263.08 487,839.57
1,618,102.65
Organized Research
277,210.04 159,307.01
436,517.05
Extension
5,875.87
3,104.60
8,980-47
Apartments
90,877.32
90,877.32
Dormitories /
26,109.00 50,617.45
76,726.45
Dining Halls
47,869,73
3,608.94
51,478.67
College Inn
54,972.-74 16,093.33
71,066.07
Technical Institute
140,777.70
140,777.70
lotal Equipment
$2,475,991.15$1,045,206.04174,346.84$ 3.446,850.35
TOTAL INVESTMENT IN PLANT
$7,356,864.73$5 ,543,430.75174,346.84$ 12,825,948.64
"Equipment for new dormitories and apartments stored with Buildings and Grounds at 6 1 3 0 1 4 1 '
STATEMENT OF INVESTMENT IN PLANT PROPERTY UNDER LEASE
For Year Ended June 30, 1948
CO =2fc
NAVY BASE
Building
Building # 9 -Building n o
Building # n Building #12 Building #17 Building #24 Building #28 Techwood Dormitory
Lawson Apartments
Total Buildings Under Lease
$ 150,000.00 146.000. 00 33.900.00 79.800.00 79.800.00 121, 100.00 135,500.00 193.000. 00 250.000. 00
1, 200, 000.00 $2,389,100.00
- Ill
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable
$4,567.14 6,263.23
TOTAL GENERAL FUNDS B. RESTRICTED
Cash on Hand and in Bank
$ 10,830.37 $47,047.70
TOTAL RESTRICTED C. AUXILIARY
Cash on Hand and in Bank Accounts Receivable
$15,110.49 1,280.02
47,047.70
TOTAL AUXILIARY FUNDS
16,390.51
TOTAL CURRENT FUNDS
$ 74,268.58
II. AGENCY FUNDS Cash on Hand and in Banks
TOTAL AGENCY FUNDS
$ 7,926.68
7,926.68
III. ENDOWMENT FUNDS Cash on Hand and in Bank Investments U. S. Securities
TOTAL ENDOWMENT FUNDS
$ 653.30 5,000.00
5,653.30
IV. STUDENT LOAN FUNDS Cash on Hand and in Bank Notes Receivable Investments U. S. Securities
TOTAL STUDENT LOAN FUNDS
$ 5,898.59 8,401.77
16,000.00
$ 30,300.36
V. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$127,500.00 361,500.00 328,274.49
$817,274.49 $935,423.41
114 -
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding General Surplus
TOTAL GENERAL FUNDS B. RESTRICTED
Fund Balance
TOTAL RESTRICTED FUNDS C. AUXILIARY
Accounts Payable Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balances
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balances
TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES
$ 223.27 6,393.82 4,213.28
$ 10,830.37 $47,047.70
$ 751.14 15,639.37
47,047.70
16,390.51
$ 74,268.58
7,926.68
7,926.68
5,653.30
5,653.30
30,300.36
30,300.36
817,274.49 817,274.49
$935,423.41
115
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30 1948
General Restricted
Income
Income
Total Income
STUDENT FEES Non-Resident Tuition Matriculation Other Student Fees
Total Student Fees
$ 18,559.94 74,453.85 215.30
$ 93,229.09
$ 18,559.94 74,453.85 215.30
$ 93,229.09
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less return of Surplus (46-47) City of Augusta
Total Governmental
$298,100.00
$298,100.00
- 2,640.09
2,640.09
$ 5,000.00 5,000.00
$295,459.91 $ 5,000.00 $300,459.91
ENDOWMENT W. J. Young Fund
$ 3,068.12 $ 3,068.12
GIFTS AND GRANTS Life Insurance Medical Research Fund Ciba Pharmaceutical Products, Inc. (Pharmacology) Wm. S. Merrill Company University of Tennessee Richmond County - Cancer Clinic American Society for Cure of Cancer U.S. Public Health Service (Pathology) U.S. Public Health Service (Medicine) U.S. Public Health Service (Physchiatry) U.S. Public Health Service (Endocrinology) John and Mary Markle Foundation Junior League of Augusta American Association of University Women Miscellaneous Ciba Pharmaceutical Products, In'. (Endocrinology) Ayerst, McKenna and Harrison Lakeside Laboratories National Drug Company Schering Corporation Total Gifts and Grants
$ 5,250.00 $ 5,250.00
750.00
750.00
1,500.00 1,500.00
2 ,5 0 0 . 0 0
2 ,5 0 0 . 0 0
1,416.66 1,416.66
5,000.00 5,000.00
25,000.00 25,000.00
4,166.00 4,166.00
i,594 > 8 4
1 ,5 9 4 . 8 4
12,528.00 12,528.00
2,500.00 2,500.00
1,000.00 1,000.00
100.00
100.00
25.00
25.00
2,000.00 2,000.00
3,900.00 3,900.00
250.00
250.0
1,000.00 1,000.00
2,400.00 2,400.00
$64,690.82 $ 64,690.82
SALES AND SERVICES Maternity Shelter
$ 3,410.00__________ $ 3,410.00
=-116 -
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
OTHER SOURCES Property Rentals Total Educational and General Income
General Income
Restricted Income
Total Income
$ 546.00
$ .546.00
1392,645.00 $72,758.94 $465,403.94
NON-INCOME Transfer from Bookstore
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
5,176.02
5,176.02
$397,821.02 $72,758.94 $470,579.96
- 117 -
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Object Classification
AA Un UMT lMl NT Cl oTlDnAATlTl^vnt ?i AAINNTUH uC Pt iAl NI PcDn AA IL
Dean's Office Business Office General Registrar's Office
Total Admin & Gen.
General Restricted
Operating Equipment & Sa laries Travel Supplies Other Capita & Wages Expense & Expense Additions
$ 7,470.85 6,815.97 6,628.19 4.669.30
$25,584.31
$ 6,220.00 $ 6,265.50 143.50 4.103.95
$ 16,732.95 $
473.05 $ 272.34 $ 560.47
5,980.33 591.91
473.05 $ 7,405.05 $
505.46 10.00
504.36 2 6 . *6
973.26
PHYSICAL PLANT Operations Renovation Total Physical Plant
$ 44,189.42 21.000.00
$ 65,189.42
LIBRARY
$ 6,470.62 $1,800.00
*
INSTRUCTION .
Grass Anatomy
$ 17,185.73
Miscroscopic Anatomy
11,143.11
Biochemistry
19,352.85
Physiology and Pharmacology
32,521.80
Pathology
21,322.45
Medical Microbiology and Public 19,846.13
Health
Medicine Pediatrics Surgery Obstetrus and Gynecology Endocrinology Lectureships Genera 1
33,567.33 8,734.06
46,846.37 12,981.71
9,973.68 90.00
2.495.38
$236,060.60
$ 22,715.31 7.084.29
$ 29,799.60
$ 4,593.32
$17,702.39 $3,771.72 12,591.39 1,324.32
$30,293.78 $5,096.04
$ 1,469.14 $2,208.16
$ 16,242.20 $ 10,513.99 17,433.46 29,222.44 19,617.99 17,424,99
.10 $ 848.68 $
55.61
419.96
1,781.98
75.42 2,861.69
84.90 1,281,48
42.80 2,042.33
94.75 153,55 137.41 362.25 338.08 336.01
32,344,66
86.70
434.33 701.64
7,915.94
346.10 472.02
41,433.64 524.23 4,342,01 546.49
10,875.37 274.01 1,279.54 552.79
6,620.88
2,623,46 729.34
90.00
1.100.00
1,246.46 1*48.92
$210,835.56 $1,143.77 $19,508.02 $4,573.25
a
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
ACTIVITIES RELATED TO INSTRUCTION
General____Restricted
Salaries & Wages
Object Classification Operating Equipment and
Travel Supplies Other Capital Expense & Expense____Additions
$ 76,674.66 $ 5,000.00$ 66,574,98
$15,099.68
RESEARCH Regular Special Total Research
$ 2,229.48
$1,495.41 $ 114.87 $ 619.20
$71,132.09$ 51,279.59 1,043.81 11,986.49 6,822.20
$ 2,229.48 $71,132.09$ 51,279.59 $2,539,22 $12,101.36 $7,441.40
EXTENSION
$ 600.00
$
54.19 $ 545.81
TOTAL EDUCATIONAL & GENERAL EXP. $412,809.09 $77,932,09$37 9,870.19 $4,701.85 $85,877,03 $20,292.11
119
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Microscope sales and rentals Pelvimeter sales Research sales
TOTAL AUXILIARY INCOME
$27,564.65 9,080 21 4,968.53 1,774.09
$43,387.48
EXPENDITURES
Bookstore Microscope sales and rentals Pelvimeter Sales Research Sales
TOTAL AUXILIARY EXPENDITURES
Total
Salaries Purchases Operating Equipment and
and
for Supplies Other Capital
Wages____ Resale & Expense Additions
$21,918.55 14#36o,,89
$21,680.53 $ 188.12 $ 49.90
14,336.53
24.36
5,425.67 $1,736.85
2,766.35 922.47
1,853.88 1,387.20_____________466.68___________
$43,558.99 $3,124.05 $36,017.06 $3,445.51 $972.37
NON-EXPENSE Transfer to General Funds $ 5,176.02
TOTAL DISBURSEMENTS
$48,735.01
- 120 -
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Endied June 30, 1948
Fund
Balance
Balance
Beginning Income Expenditures End
Of Year For Year For Year Of Year
Cancer Clinic - Richmond County Ciba Pharmaceutical Produce, Inc.
(Pharmacology)
$ 83.34 $ 1,416.66 $ 1,500.00
750.00
705.39 $ 44.61
Cox Fund (Urology) Junior League of Augusta Life Insurance Medical Research Fund Macy Grant Markle Foundation (Microbiology) Markle Foundation (Medicine) Merck Fund National Drug Pellogra (Swift) Pathology of Cancer Endocrinology Grants Pharmacology Grants Rockefeller (Psychiatry) Special Research (Pharmacology) U.S. Public Health Service (Medicine) U.S. Public Health Service
Bact. Endo.)
1,000.00 375.00
2,772.30 344.10
1,542.06 158.16 65.54
1,940.00 268.84
1,081.81 5,103.08 2,663.65
100.00
1,125.00 5,250.00 2,500.00
5,000.00 9,550.00 1 ,0 0 0 . 0 0
57 18.47
9,668.83 12,528.00
1,500.00 6,884.18 1,260.89
1,940.00 4,469.31 5,943.78
497.55
29,678,45
1,000.00
1,138.12 344.10
2,781.17 158.16 65.54
268.84 1,612.50 8,709.30 1,166.10
100.00 57
18.47 7,4 8 1 . 6 2
U.S. Public Health Service (Medicine) U.S. Public Health Service (Psychiatry) U.S. Public Health Service
(Obst. Pharm.)
8,586.86 3,582.01 5,275.31
4,166.00 1 ,5 9 4 - 8 4
8,621.77 1,987.17 4,663.38
4,131.09 611.93
U.S. Public Health Service (Oncology) W.G. Tyson Fund W.J. Young Fund Undistributed Interest Richmond County
18.50 7,174.19
399,37
25,000.00 3,068.12 5,000.00
1,480.22 1,800.00 5,000.00
23,519.78 18.50
8,442.31 399.37
TOTAL RESTRICTED FUNDS
$52,220.85 $72,758,94 $77,932.09 $47,047.70
121
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30> 1948
Principal Balance, beginning of Year
ADDITIONS 1 . Gifts and Grants from private sources 2 - Income on Investments 3 Income on Student Loans Total Additions
Principal Balance, End of Year
Endowment Fund
$5,607.35
45.95 $ 45.95 $5,653.30
Loan Funds $29,879.26
45.00 249.60 126.50 $ 421.10
$30,300.36
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
ENDOWMENT FUNDS Moore-Carter Fund
Total Endowment
LOAN FUNDS Murphy Fund Student Loan Funds Kellogg Fund Total Loan Funds
Fund Balance Beginning Of Year Additions Deductions
$ 5,607.35 $ 5,607.35
$ 45.95 $ 45.95
$ 6,911.61 7,519.99
15,447.66 $29,879.26
$143.58 128.23 149.29
$421.10
TOTAL TRUST FUNDS
$35,486.61
$467.05
Fund Balanci End
Of Year
$ 5,653.30
$ 5,653.30
$ 7,055.19 7,648.22
15,596.95 $30,300.36
$35,953.66
- 122 -
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Ea lance July 1 , 1947
Receipts For Year
Cash Disbursements Balance
For Year June 30, 1948
CURRENT FUNDS Genera 1 Restricted Auxiliary Total Current Funds
$ 19,555.21 $397,821.02 52,220.85 72,758.94 20,458.02 43,387.48
$ 92,234.08 $513,967.44
$412,809.09 77,932.09 48,735.01
$539,476.19
$ 4,567.14 47,047.70 15,110.49
$66,725.33
AGENCY FUNDS
$ 6,801.09 $ 33,776.99 $ 32,651.40 $ 7,926.68
TRUST FUNDS Endowment Loan Total Trust Funds
$ 5,607.35 $ . 77.93 $ 5,031.98 $ 653.30 15,814.98 2,678.99 12,595.38 5,898.59
$ 21,422.33 $ 2,756.92 $ 17,627.36 $ 6,551.89
TOTALS
$120,457.50 $550,501.35 $589,754.95 $81,203.90
- 123
UNIVERSITY OF GEORGIA SCHOOL OF MEDICINE
AUGUSTA, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Baso Metabolism State Entrance Examiner Student Breakage Deposit Student Deposit on Fees Student Health and Activities Withholding Tax Teacher's Retirement Fund
Balance
Balance
Beginning Receipts Disbursements End
Of Year For Year For Year
Of Year
$ 50.00
$ 26.00
3,251.00 2,000.15 1,523.94
4,160.63 2 0 0 .0 5
2,684.33 20,311.22
6,770.86
$ 2,770.20
2,7.99.12 20,311.22
6,770.86
$ 50.00 26.00
4,641.43 1,800.10 1,409.15
TOTAL AGENCY FUNDS
. $6,801.09 $33,776.99 $32,651.40 $7,926.68
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND
Investment
Invesment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
$127,500.00
$127,500.00
B. BUILDINGS Newton Du ga s Murphey Dwe1ling 1496 Harper St. Total Buildings
1912 1937 1939
80,000.00 140,000.00 140,000.00
1,500.00 $361,500.00
80,000.00 140,000.00 140,000.00
1,500.00 $361,500.00
C. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Stores - Microscopes
$ 10,403.13 211.37
75,070.01 192,157.97
18,963.90
$ 3,152.13 11.00
3,241.69 12,119.09 12,944.20
$ 13,555.26 222.37
78,311.70 204,277.06
31,908.10
Total Equipment
$296,806.38 $31,468.11
$328,274.49
TOTAL INVESTMENT IN PLANT
$785,806.38 $31,468.11
$817,274.49
- 124 -
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
BALANCE SHEET June .30, 1948
ASSETS
1
I. CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Accounts Receivable
$ 1 ,0 00.00 22,885.97 6,805.89
TOTAL GENERAL FUNDS B. AUXILIARY
Cash on Hand Cash in Bank Accounts Receivable Stores (inventories)
$ 30,691.86
25.00 38,615.22
5,338.52 46,103.82
TOTAL AUXILIARY C. RESTRICTED
Cash in Bank
73,830.24
90,082.56
TOTAL RESTRICTED
73,830.24
TOTAL CURRENT FUNDS
$ 194,604.66
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
8,893.21
8,893.21
III. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
165,603.80 1,108,450.00
331,212.71
1,605,266.51
IV. STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments
TOTAL STUDENT LOAN FUNDS
TOTAL ASSETS
84.76 222.50 5,000.00
5.307.26 $1,814,071.64
126 -
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding General Surplus
$ 1,126.46 10,565.37 19.000. 03
TOTAL GENERAL B. RESTRICTED
Fund Balances
$ 73,830.24
30,691.86
TOTAL RESTRICTED
C. AUXILIARY
Accounts Payable Purchase Orders Outstanding Un earned income Reserve for Faculty Housing
$ 7,744.81 2,041.01
13,832.19
Project
15.000. 00
Reserves for Stores (Inventory) 46,103.82
Auxiliary Surplus
5,360.73
73,830.24
TOTAL AUXILIARY
90,082.56
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
$ 194,604.66 $ 8,893.21
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
$1,605,266.51
8,893.21
TOTAL PHYSICAL PLANT
IV. STUDENT LOAN FUNDS Fund Balances
$1,605,266.51 $ 5,307.26
TOTAL STUDENT LOAN FUNDS TOTAL LIABILITIES AND SURPLUS
5,307.26 $1,814,071.64
127 -
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
SOURCE
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Federal Works Agency Total Governmental
OTHER SOURCES Misce llaneous Interest on Investments Total from Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
Non-Income Receipts Transfer from General Funds
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
GENERAL INCOME
RESTRICTED INCOME
TOTAL INCOME
$ 50,644.12 44,594.45 2,868.80 16,626.00 415.00
$115,148.37
$ 50,644.12 44,594.45 2,868.80 16,626.00 415.00
$115,148.37
$208,000.00
$208,000.00
$ 5,600.00
5,600.00
$208,000.00 $ 5,600.00 $213,600.00
$ 248.10
$ 248.10
124.67
124.67
$ 248.10 $ 124.67 $ 372.77
$323,396.47 $ 5,724.67 $329,121.14
$21,655.75 $ 21,655.75
$323,396.47 $2 7,'380.42 $350,776.89
128
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
129
ADMINISTRATIVE AND GENERAL Comptroller Dean of Faculty President Registrar General Total Adm. & Gen.
STUDENT WELFARE Dean of Women Dean of Men Student Hospital General Total Student Welfare
PLANT OPERATIONS Operation Science Building Federal Buildings Housing Total Plant Operations
LIBRARY
INSTRUCTION College of Arts & Sei. Biology Chemi stry Business Adminis.
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification General Restricted
Salaries & Wages
Object Classification
Operating Equipment and
Travel
Supplies Other Capital
Expense & Expense Additions
116,158.46 3,934,92 9,487.51 4,925.54 5,898.58
$40,405.01
$14,950.81 $ 490.61 $ 315.10 $
3,790.54
43.78
100.60
8,600.04
737.47
150.00
4,144.89
67.06
325.76
320.95
635.20 4,942.43
$31,807.23 $1,974.12 $ 5,833.89 $
401.94 -0 -0 -
387.83 -0 -
789.77
$ 1,657,36 4,696'. 7 3 5,629.21 4,099,72
$16,083 i02
$ 1,607.36 4,646.73
-0 -
$ 50.00
-0 -
50,00
4,958.50
135.90
411.39
1,942.30
128.00 2,029 42
$13,154.89 $ 263.90 $ 2,540 81 $
-0 -0 -
123,42 -0
123,42
$62,322.97 $114,632.43 21,704.59 10,600.00
$62,322.97$146,937.02
$26,441K41 $26,441.41
$18,139,12
$ 7,176.71
-0 -
$32,658,09 $ 3 s223 c47
114.632.43
21,704.59
10,600.00
-0 -
$32,658.09 $150,160.49
-0 -
$10,355,13 $ 607-28
$13,802.79 15,387.07 13,479.77
$11,774.37 11,497.20 11,131.37
-0 -
$ 1,146.42 $ 882.00
-0 -
2,208.10
1,681.77
-0 -
'261.07
2,087.33
130
INSTRUCTION (cont'd) English Education Home Economics Language Mathematics Military Physical Education Physics Social Science Summer School Total Instruction
TOTAL EDUCATIONAL & GENERAL EXPENDITURES
Non-Expense Transfer to Restricted
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS
WORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification
General
Salaries Restricted & Wages
Ubj ect Classification
Operating Equipment and
Trave1
Supplies Other Capital
Expense & Expense Additions
$ 19,490.85 11,124.43 5,659.50 $ 12,548.96 15,454.16 1,644.60 17,851.61 16,192.58 14,255-38 15,334.79
$172,226.52 $
$ 18,830.90 10,544.01
4,035.63 4,913.20 12,220.78 15,287.29 1,289.17 14,578.78 10,968.42 14,016,52 15,107.67
4,035.63$152.159.68
-0 -0 -
$ 73.42 -0 -0 -0 -0 -0 -0 -0 -
$ 73.42
$ 250.00 $ 580.42
409.98 -0 -
492.03 4,216.48
208.70 166.87
119.48 -0 -
229.88
125.55
2,667.61
605.22
1,334.34 238.86 227.12
3,889.82 -0 -0 -
$10,011.42 $ 14,017.63
$309,176,64 1150,972.651230,739.92 $2,311,44 $61,399,34 $165,698.59
$ 21,655.75
$330,832.39
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Dormitories:
Sanford Hall Barnes Hall Barracks Band House Moore Apts.
Total Dormitories Dining Hall Farm and Dairy Unif orm Exchange Staff Housing
TOTAL AUXILIARY INCOME
6,659.93 6,517 .00 11,217.36 4,002.46 1,512.00
$ 21,322.08
29,908.75 130,657.14
22,310.00 33,576.50
7,852.67 1245,627,14
EXPENDITURES
Bookstore Dormitories:
Sanford Hall Barnes Hall Barracks Band House Moore Apts Dining Hall Farm & Dairy Uniform Exchange Staff Housing Veteran Housing
Total
Purchases
Salaries
for
& Wages Resale
Operating Equipment and Supplies Other Capital & Expense Additions
$ 18,338.35 $ 1,180.00 $ 17,158.35 $
0.00 $
0 .0 0
o o
4,576.44 5,070.76 9,768.-65 4,110.61 3,349.54 123,677.49 28,645.77 39,981.44 55,479.21
324.42
1,599.70 2,151.20 3,509.99 2,262.20 1,385.03 26,348.48 12,871.75
209.10 3,738 36
177.32
0 .0 0 0 .0 0 0..00 0 .0 0 0 .0 0 88,863.67 0 .0 0
39,638.67
695.36 0 .0 0
2,976.74 2,919.56 6,143.66 1,848.41 1,964.51 7,535.34 13,849.92
133.67 3,418.95
14:7.10
Q ..00 115.00
0 .0 0 0 .0 0 930.00
1,924,10 0 .0 0
47,626.54 0 .0 0
TOTAL AUXILIARY EX-
PENDITURES
$293,322.68 $55,433.13 $146,356.05 $40,937.86 $50,595.64
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
____ Fund_______ Reconversion Science Building New Dormitory Property Purchase Federal Buildings
TOTALS
Balance Beginning
Of Year
$ 4,035.63 181,938.00 -0 - 011 448.84
Receiptsl Expenditures2 For Year_____ For Year Transfers
Balance End
Of Year
-0$ 124.67
5,600.00 - 0-0-
$ 4,035.63 114,632.43 5,600.00 5 , 000.00 21,704.59
-0-
-0-
$ 1,900.00 |69,330.24
-0 -
-0 -
5, 000.00
- 0-
14,755.75 4,500.00
$197,422.47- $5,724.67 $150,972.65 $21,655.75 $73,830.24
NOTES: 1 Included in Statement of Educational and General Income. 2 Included in Statement of Educaiional and General Expenditures.
132 -
n o r TM GEORGIA COLLEGE
DAHLONEGA, GEORGIA STATEMENT OF TRUST FUND BALANCES
For Year Ended June 30, 1948
Balance of Principal, beginning of year
additions
Receipts: 1 ,, Income on Investments Total Additions
Balance of Principal, end of year
Endowment Funds
$ 5,182.26
125.00 $ 125 00 $ 5,307.26
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
Fund
LOAN FUNDS John H. Moore Fund
TOTAL LOAN FUNDS
Fund Balance Beginning Additions Of Year______________
$ 5,182.26 $ 5,182.26
$ 125.00 $ 125.00
Deductions
Fund Balance End of Year
-0 -
$ 5,307.26
-0-
$ 5,30726
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
LOAN FUNDS Bonds, Governmental Student Notes Receivable Total Loan Funds
TOTAL TRUST FUND INVESTMENTS
Book Value Marke t Va
$5,000..0 0 2 2 2 ,,50
$5,222. 50
$5,222, 50
$5,000,,0 0 2 22 .50
$5,222,,50
$5,222. 50
133
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
CURRENT FUNDS General Res tr icted Auxiliar y Total Current Funds
Balance Beginning
Of Year
Receipts Expenditures Balance
for
for
End
Year
Year
Of Year
$ 31,331.89 $323,396.47 $330,832.39 $ 23,895.97 197,422.47 27,380.42 150,972.65 73,830.24 86.335.76 245.627.14 293,322.68 38,640.22
$315,090.12 $596,404.03 $775,127.72 $136,366.43
AGENCY FUNDS
$ 9,097.94 $ 43,447.29 $ 43,652.02 $ 8,393.21
TRUST FUNDS Loan Funds
$ 182.26 $ 125.00 $ 222.50 $
84.76
TOTALS
$324,370.32 $639,976.32 $819,002.24 $145,344.40
BANK BALANCES
Bank of Dahlonega Trust Company of Georgia Cash on Hand
$76,889.16 67,430.24 1,025.00
$145,344.40
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Balance
Balance
Beginning Fieceipts Disbursements End
Of Year For Year For Year
Of Year
Bookstore Deposits
$ 162,70 $ 3,073.95
Uniform Deposits
5,170,22 23,491.65
U.S. Gov. Uniform Allocation
210.00 5,041.36
Military Property Deposit
455.24 2,290.00
Dormitory Breakage Deposit
791.35 1,695.50
Miscellaneous Student Deposit
567.89
27.68
Student Activities
1,740.54 7,827.15
$ 3,091.60 23,926.84 5,251.36 2,256.55 1,008.75 22.00 8,094.92
$ 145.05 4,735.03 -0488.69 1,478.10 573.57 1,472.77
TOTAL AGENCY FUNDS
$9,097.94 $43,447.29 $43,652.02 $8,893.21
- 134 -
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Old Campus , 31Vi Acre New Campus , 30 Acres Old Farm, 120 Acres New Farm, 352 Acres Total Land
B. BUILDINGS Ac ademic Price Memorial Business Administration Home Economics Mi litary Sc ience Library Auditorium-Dining Hall Gymnas ium Band House Barnes Hall Barracks Sanford Hall Infirmary 4 Maintenance Buildings 4 Janitors' Homes 4-Unit Faculty Apartment 2 -Unit Faculty Apartment New Cow Barn Old Cow Barn 4 Farm Buildings 10 Farm Buildings Faculty Homes 3 Faculty Homes 6 Faculty Homes Total Buildings
C. OTHER IMPROVEMENTS Streets & Sidewalks Lighting System Water System Sewer System Total Improvements
Investment Beginning
Of Year Additions Deductions
Inves tment End Of Year
$ 14,500.00 6 ,000.00 4,000.00 8 ,000.00
$ 32,500.00
$ 14,500.00 6 ,0 00.00 4,000.00 8 ,000.00
$ 32,500.00
$ 79,200.00 60,000.00
$ 79,200.00 60,000.00
$40,000.00
40,000.00
40,000.00
40,000.00
40,000.00
40,000.00
287,200.00 55,000.00 1 0 0 ,0 0 0 .0 0 17,600.00
287,200.00 55,000.00
1 0 0 ,0 0 0 .0 0 17,600.00
18,000.00
18,000.00
81,500.00 72,200.00 43,000.00
81,500.00 72,200.00 43,000.00
18,000.00 6,500.00 6,700.00
40,000.00
18,000.00 6,500.00 6,700.00
40,000.00
5,000.00
5,000.00
1,900.00 1,300.00 3,550.00
$1,900.00 1 ,2 00 .0 0
-0 2,500.00 3,550.00
2,500.00 15,000.00
4,500.00 1,500.00
4,500.00 4,000.00 15,000.00
69,000.00
69,000.00
$ 621,950.001488,400.00 $1,900.0011,108,450.00
$ 50,103.80 19,800.00$ 2 0 ,000.00 38,000.00
$ 127,903.80$
5,200.00 5,200.00
$ 50,103.80
25.000.
00
2 0 .0 0 0 .
00
38,000.00
$ 133,103.80
- 135 -
NORTH GEORGIA COLLEGE
DAHLONEGA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment Beginning
Of Year
Additions
Deductions
Investment End Of Year
D. EQUIPMENT Administrative Offices $
Physical Plant
Library Instructional Departments
Dormitories
Dining Hall
Farm
Faculty & Staff Housing
Total Equipment
|
8,783.28 $ 1,955.38
39,329.16
9,743.53
38,512.32 10,450.82
71,434.85 82,792.53
23,593.30 1,125.30
16,198.65 1,669.23
20,469.27
3,742.60
-0 -
1,412.49
218,320.83 $112,891.88
$ 10,738.66 49,072.69 48,963.14
154,227.38 24,718.60 17,867.88 24,211.87 1,412.49
$ 331,212.71
TOTAL INVESTED IN PLANT
$1,000,674.63 $606,491.88 $1,900.00 $1,605,266.51
136
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS
$ 40,854.69 7,325.62
----------- T $ 48,180.31
B. RESTRICTED Cash in Bank (Ed. & Gen.) Cash in Bank (Aux. Ent.) Due from General Funds TOTAL RESTRICTED FUNDS
$ 6,599.05 31,890.02 5,483.85
----------- *
43,972.92
C. AUXILIARY ENTERPRISES Cash in Bank Accounts Receivable Inventory TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
$ 96,234.09 75.94
26,814.86 ------------ -
123,124.89
S 215,278.12
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
$ 10,510.12
10,510.12
III.
ENDOWMENT FUNDS Cash in Bank Investments:
U. S. Securities Stocks Real Estate
TOTAL ENDOWMENT FUNDS
$ 1,897.88
63,800.00 6,900.00
45,000.00
117,597.88
IV. STUDENT LOAN FUNDS Cash in Bank Investments: U. S. Securities Bonds Notes Receivable
TOTAL STUDENT LOAN FUNDS
$ 16,737.63
31,536.50 5,250.00
12,678.03
66,202.16
V. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 522,000.00 2,356,700.00 1,028,876.74
3,907,576.74 $4,317,165.02
138 -
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Ac counts Payable
Purchase Orders Outstanding Contracts Negotiated Contracts to be Negotiated Work in Progress Due to Restricted Fiinds Ge neral Surplus
TOTAL GENERAL FUNDS
$ 2,888.60 3,703.93 6,680.77
11,928.36 867.10
5,483.85 16.627.70
48,180.31
B. RESTRICTED
Fund Balance (Ed. & Gen.) Fund Balance (Aux. Ent.)
TOTAL RESTRICTED
12,082.90 31*890 02 --- *--- --
43,972.92
C. AUXILIARY ENTERPRISES Accounts Payable
4561.83
Purchase Orders Outstanding 24,572.48
Unearned. Income
14,700.00
Reserve for Inventory Contracts to be Negotiated
26*814.86 1 4 0 0 00
Work in Progress
3 720 10
SurP lus
47 !355162
TOTAL AUXILIARY ENTERPRISES
123.124.89
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
$ 215,278.12 10,510.12
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance
117,597.88
10,510.12
TOTAL ENDOWMENT FUNDS
117,597.88
IV. STUDENT LOAN FUNDS Fund Balance
66,202.16
TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Invested in Plant
3,907,576.74
66,202.16
TOTAL PHYSICAL PLANT
3,907,576.74
TOTAL LIABILITIES AND SURPLUS
$4,317,165.02
- 139 -
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
SOURCE
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
GENERAL INCOME
RESTRICTED INCOME
TOTAL INCOME
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Other Student Fees Total Student Fees
$ 6,400.00 79,105.05 15,855.75 20,083.25 6,516.20
$127,960.25
$ 6,400,00 79,105.05 15,855.75 20,083.25 6,516.20
$127,960.25
PUBLIC APPROPRIATIONS Regular Operations Less return of surplus 1946-47 Home Management House Vocational Funds General Extension Baldwin County Total Public Appropriations
$472,000. 00
17,361..24 $ 7,500. 00 19,709. 21 1,660. 00 32,655..00
$454,638,.76 $61,524..21
$472,000. 00
17,361. 24 7,500. 00
19,709. 21 1,660.,00
32,655.,0 0
$516,162..97
GIFTS AND GRANTS National Academy of Science Rockefeller Foundation Mary Gilbert Park Total Gifts and Grants
$ 1 ,0 00.00 2 ,0 00.00 2,750.00
$ 5,750.00
$ 1 ,000.00 2 ,000.00 2,750.00
$ 5,750.00
OTHER SOURCES Nursery School Miscellaneous Total Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
$ 3,210.95 3,816 18
$ 7,027.13
$589,626.14 $67,274.21
$ 3,210.95 3,816.18
$ 7,027.13
$656,900.35
NON-INCOME
Transfer from Auxiliary Enterprises
$ 9 ,000.00
$ 9.000.
00
Sale of Bonds
$ 2 ,000.00
2 .000.
00
TOTAL EDUCATIONAL & GENERAL RECEIPTS
$591,626.14 $76,274.21
$667,900.35
140 -
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS
For Year Ended June 30, 1948
INCOME
Cafeteria Dining Halls Laundry Live Stock Residence Halls Student Unions
Non-Income Loan from Endowment Funds
TOTAL AUXILIARY RECEIPTS
Total Income
$ 28,248.04 351,573.61 45,061.11 7,684.95 104,982.46 36,656.90
$574,207.07
$ 45,000.00 $619,207.07
141
ADMINISTRATIVE AND GENERAL Administrative Dean Alumni Office Business Office President's Office Public Relations Registrar's Office General Expense Total Adm. & Gen.
STUDENT WELFARE Dean of Women Student Personnel Placement Bureau Student Hospital Vol. Rel. Activity Lake Laurel Camp Ray Total Stu. Welfare
PHYSICAL PLANT Operation Capital Improvement Total Physical Plant
LIBRARY
INSTRUCTION Art Biology
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification General Restricted
Salaries & Wages
Object Classification Operating Equipment and
Travel Supplies Other Capital Expense & Expense Additions
$ 7,833.45 3,265.39
16,514.20 15,793.61
2,316.66 9,133.97 27,066.46 $81,923.74
$ 7,218.78 2,748.84 $ 190.26
13,956.76 729.34 11,432.11 3,023.21
1,322.47 7,896.97 5,290.94 $49,866.87$3,942.81
$ 428.76 326.29
1,665.75 1,338.29
994.19 862.00 21,775.52 $27,390.80
$ 185.91 162.35
375.00 $ 723.26
$ 6,077.71 3,465.73 1,255.91
18,930.26 1,950.00 1,299.99 676.78
$33,656.38
$ 5,750.00 3,206.41 970.00
12,927.38 1,950.00 830.00
$25,633.79
$ 327.71 243.89 285.91
5,103.66
469.99 144.28 $ 6,575.44
.$ 15.43 899.22
532.50 $ 1,447.15
$97,713.16 $44,073.32
$97,713.16 $44,073.32
$35,744.37
$48,726.31 $48,726.31 $18,808.28
$46,668.81 $46,668.81 $12,522.64
$ 2,318.04 44.073.32
$46,391.36
$ 4,413.45
$17,289.13 17,415.34
$12,426.20 16,015.47
$ 826.76 1,399.87
$.4,036.17
142
*
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Business Administration Chemistry Education English French & Spanish Gen. Instr. Expens-* Health History Home Economics Home Management Latin and Humanities Mathematics Mus ic x rsery School Peabody School Physical Education Physics Phil., Psy. & Re 1. Social Studies Summer School
Total Instruction
Fund Classification
General $ 26,590.47
15,247.74 20,361.76 39,273.44
8,341.54 4,372.79 11,040.45 14,347.03 35,754.36 3,755.92 2,899.94 8,168.20 31,057 84 7,682.36 32,347.70 19,557.47 6,862.28 8,603.61 22,927.55 25,125.34 $379,022.26
Restricted
$ 32,655.00 $ 32,655.00
Object Classi fication
OperatingEquipment and
Salaries Trave 1 Supplies Other Capital
& Waeres ExDense & Expense Additions
19,111.03
$ 659.28 $ 6,820.16
12,632.21
2,164.37
451.16
15,526.66
4,835.10
33,282.47
5,773.29
217.68
8,341.54
$1,209.35 3,163.44
9,005.66
1,739.68
295.11
14,347.03
27,386,40
2,465.18 5,902.78
3,755.92
2,899.94
8,027.08
34.99
106.13
24,152.19
1,843.02 5,062.63
5,178.66
2,503.70
53,382,58
11,212,91
407.21
15,580.45
3,961.52
15,50
6,160.89
507.26
134.13
8,403.15
200.46
22,705.84
190.03
31.68
25,125.34
$339,690.79 $1,209.35 $47,236.78 $23,540.34
143
ORGANIZED RESEARCH
$ -- 663.72 $ 3,000.00 $ 618.21 $ 202.49 $ 1,173.58 $ 1,669.44
EXTENSION Voc. Home Economics Ext. & Correspondence Total Extension
$ 20,633.90 $ 15,964.72 $3,822.65 $
1.816.64
1.600.00
3,416.64
$ 1,816.64 $ 22,233.90 $ 19,381.36 $3,822.65 $
525.13 $ 525.13 $
321.40 321.40
TOTAL EDUCATIONAL & GEN. EXPEND. $630,540.27 $101,962.22 $502,725.61 $9,177.30 $142,093.18 $78,506.40
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
Cafeteria Dining Halls Laundry Livestock Residence Halls Student Union Land Purchases
Total Expenditures
Restricted Funds
EXPENDITURES
Total
$ 26,144.62 306,132.07 32,371.85 5,149.62 107,143.54 32,359.98 5,175.85
$514,477.53
Salarie s & Wages $ 10,34:4. 22 54,705. 00 24,343. 84
432. 74 39,032. 11
3,829. 53
$132,687. 44
Purchase s For
Resale $ 14,209. 26
226,745. 28
4,716.,88
27,801..07
$273,472.,49
Operating Suppli es 8i Expen se $ 1,583. 19 22,641. 35 8,028. 01
58,251. 07 546. 88
$91,050. 50
Equipment and Other Cap ital
Additions
$
7. 95
2,040. 44
9,860. 36 182. 50
5,175. 85 $17,267. 10
55,315.49
55,315. 49
$569,793.02 $132,687. 44 $273,472..49 $91,050. 50 $72,582. 59
144
Non-Expense Transfer to Restricted Funds $ 9,000.00
TOTAL AUXILIARY DISBURSEMENTS
$578,793.02
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Balance Beginning
Of Year
Receipts Expendi tures
For
For
Year
Year
Parks Hall Campus Roofs Home Management House Mary Gilbert Park Vocational Home Economics General Extension Baldwin National Academy of Science Rockfeller Foundation
$ 13, HO 00
$ 1,146.23
12,530.00
12,392.00
5,492.52 $ 7,500.00 12,992.52
5,773.70 11,750.00 17,542.57
19,709.21 20,633 .90
6 0 0 OO
1,660.00
1,600.00
32,655.00 32,655.00
1 ,0 00 .0 0 2 ,000.00
1 ,000.00 2 ,000.00
$32,287.06 $ 76,274.21 $101,962.22
Atkinson Hall Steam & Electric Lines Terrell A, B and C Terrell Hall Apartment Building
$11,760.00 6 ,000.00
$ 749.21 197.71
16,236.00
644.11
8,209.51
8,202.07
oo o o o to
$
45,522.39
$42,205.51 $ 45,000.00 $ 55,315.49
TOTAL RESTRICTED FUNDS
$74,492.57 $121,274.21 $157,277.71
Balance End
Of Year
$11,963.77 138.00
180 87 5,4 8 3 0 8 5
$ 6,599.05
$11,010.79 5,802.29
15,591.89 7.44
522039
$31,890.02
$38,489.07
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1948
Balance of principal, beginning of year
ADDITIONS 1. Gifts and Grants from private sources 2. Income on investments Total Additions
DEDUCTIONS 1. Book Purchases 2. Endowment Expense 3. Scholarships Total Deductions
Balance of Principal, end of year
$ 807.98 $64,474.88
117,120.96
483.90
707.89 1.521.24
$117,828.85 $ 2,005.14
$
$
11.95
1.027.00
$ 1,038.95 $
277,86 277.86
$117,597.88 $66,202.16
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
Fund Balance
Beginning
_____ Fund
__________ Of Year
LOAN FUNDS
Atlanta GSCW Alumnae
5 100,00
Earl Bailey
393 85
J, L. Beeson
1,224,80
Callie Christie Bell, DAR L. D. Wimberly Bridges, DAR
146.39 200.00
Corrie Hoyt Brown Chappell Scholarship
20,887 84 2,083 88
Faculty Loan Fund
10,006.10
Hi story Club
267.15
Home Economics Club
232.90
GSCW Student'Defense
536.50
L. Morel
979.86
Sylvester Mumford
,129.42
Alice W. Shinholser #1
521.15
Alice W, Shinholser #2
,377,,61
Anna Brown Small
,859.31
Joseph M. Terrell
10,647.64
Fannie Trammell
6,689 90
Philo S. Bennett
1,044.18
Grace Beatty Watson
146.40
Gen. David Blackshear Total Loan Funds
$64 ,474. 88
Fund Balance End
Additions Deductions Of Year
100.00
11.70
405.55
25.00
1.249.80
41.95
188.34 200.00
921.50
21,809.34
37.50
2.121.38
155.21
10,161.31
267.15.
232.90
536.50
25-00
277.86
727.00
62.50
,191.92
25.00
,546.15
25.00
,402.61
37.50
1.896.81
200.00
10,847.64
138.48
6.828.38
6.85
1,051.03
41,95
188.35
250.00
$ 2,005.14 $ 277.86 $66,202.16
ENDOWMENTS FUNDS
Betty Harris Lowe
$
Trebor Foundation
Sylvester Mumford Memorial
Writer's Fund
$
208, 64 499 34
100 00 807 .98
TOTAL LOAN AND ENDOWMENT FUNDS $65,,22822..8866
$ 442.50 117,386.35
$117,828.85
$ 100.00 $ 108.64
927 00
14.84
11.95 117,374.40 100.00
$1,038.95$117,597.88
$119,833.99 $1 ,316.81$183,800. 04
- 146 -
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
LOAN FUNDS Bonds, U. S. Treasury Bonds, Commercial Stock, Common* Stock, Common - Class B** Notes Receivable Total Loan Funds
ENDOWMENT FUNDS Bonds, U. S. Treasury Stock, Capital Stock, Preferred Notes Receivable - Apartment Building Total Endowment Funds
TOTAL TRUST FUND INVESTMENTS
Book Value $ 31,536.50
5,250.00
0 0
12,678.03 $ 49,464.53
$ 63,800.00 600.00
6,300.00 45,000.00 $115,700.00
$165,164.53
*Atlant ic Company Common stock without nominal or par value of authorized issue of 6 2 5 , 0 0 0 shares
No. 2 Q0 4 No. 2905
6 shares issued 7 /1 0 / 4 5 1 8 6 shares issued 7 /1 0 / 4 5
**Atlantic Company Class B common stock without nominal or par value of authorized issue of 3 5 0 , 0 0 0 shares.
- 147
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
CURRENT FUNDS General Funds Restricted - Education Auxiliary Restricted Total
AGENCY FUNDS
TRUST FUNDS Loan Funds Endowment Tota 1
TOTALS
Cash Balance July 1, 1947
Receipts Disbursements Cash
For Year
For Year Balance
$ 79,768.82 32,287.06 45,504.55 42,205.51
$199,765.94
$ 591,626.14 $ 630,540.27 $ 40,854.69 76,274.21 101,962.22 6,599.05 574,207.07 523,477.53 96,234.09 45,000.00 55,315.49 31,890.02
$1,287,107.42 $1,311,295.51 $175,577.85
$ 7,727.44 $ ,86,144.23 $ 83,361.55 $ 10,510.12
$ 11,371.83 $ 807.98
$ 12,179.80 $
7,123.41 $ 47,128.85 54,252.26 $
1,757.61 $ 16,737.63 46,038.95 1,897.88 47,796.56 $ 18,635.51
$219,673.19 $1,427,503.91 $1,442,453.62 $204,723.48
BANK BALANCES MILLEDGEVILLE BANKING COMPANY , MILLEDGEVILLE, GEORGIA
G. S. C. W. Revenue Collection Account - J. H. Dewberry, Comptroller G. S. C. W. Education & General Account - J. H. Dewberry, Comptroller G. S. .W. Auxiliary Enterprises Account - J. H. Dewberry, Comptroller G. S. C.W. Hospitalization & Insurance Account - J. H. Dewberry, Compt. G. S. C.W. Student Bank Account - J. H. Dewberry Comptroller G. S. C.W. Student Activities.Account -,J. H. Dewberry, Comptroller G. S. C.W. Trust Funds - J. H. Dewberry, Comptroller
$ 47,453.74 128,124.11 1,433.42 673.34 8,403.36 18,635.51
$204,723.48
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
jruncl
Hospitalization and Insurance Account
Student Bank Account Student Activities Account TOTAL AGENCY FUNDS
Balance Beginning
Of Year
Receipts For Year
Balance
Disbursements
End
For Year______ Of Year
$1,039.69 628.27
6,059.48 $7,727.44
$ 7,536.22 46,797.35 31,810.66 $86,144.23
$ 7,142.49 46,752,28 29,466.78 $83,361.55
$ 1,433.42 673.34
8,403.36 $10,510.12
- 148 -
GEORGIA STATE COLLEGE FOR WOMEJV
MILLEDGEVILLE, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
Investment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
LAND
:-------------- -- --------------------------- -
CAMPUS
19/4 acres-Main Campus 3 acres Ennis-Mansion Mayfair Lot 2lA acres Peabody Boddie Lot-Peabody Rivers Lot-Peabody Gilbert Park Lot-Wilkinson & Montgomery Lot-Columbia & Greene Humber Lot Sanford Hall Lot Government Park Lot-Montgomery & Wayne Barnes Lot Gilstrap House Lot
1939 1937 1940 1946 1946 1946 1947 1944 1937
1943 1944 1944
$110,000.00 50,000.00
7,500,00 6 ,000.00
700.00
1,800.00 10,000.00 4,500.00
$ 5,000.00 3,500.00 6 ,000.00 10,000.00 4,500.00 2 ,000.00 2 ,000.00
$110,000.00 50,000.00
7,500.00 6 ,000.00
700.00
1,800.00 10,000.00 4,500.00 5,000.00 3,500.00 6 ,000.00 10,000.00 4,500.00 2 ,000.00 2 ,000.00
OFF CAMPUS
Lake Laurel area Camp Ray
Total Land
1938 1941
7,500.00 7,500.00 $233,500.00 $ 5,000.00
7,500.00 7,500.00 $238,500.00
BUILDINGS
Arts Hall Atkinson Hall Beeson Hall Bell and Annex Chappell Hall Education Building Ennis Hall Health & Ph. Ed. Building Home Management House Russell Library Mansion Annex The Mansion Mayfair Hall Miller Memorial Hall Nursery School Parks Hall Parks Memorial Hospital Peabody High School Peabody Elementary School Porter Hall Aud. Annex
1927 1897 1937 1925 1908 1927 1918 1939 1947 1928 1898 1891 1939 1943 1937 1925 1929 1927 1939 1939
$ 90,000.00 $ 2,650.00 200,000.00 110,000.00 200,000.00 100,000.00 7,500.00 50,000.00 1,850.00 112,500.00 900.00 150,000.00
37,500.00 70,000.00 50,000.00 1,000.00 65,000.00 20,000.00 50,000.00 4,500.00 100,000.00 50,000.00 2,600.00 50,000.00 2,250.00 130,000.00 105,000.00 1,100.00
$ 92,650.00 200,000.00 110,000.00 200,000.00 107,500.00 51,850.00 113,400.00 150,000.00 37,500.00 70,000.00 51,000.00 65,000.00 20,000.00 50,000.00
4,500.00 100,000.00 50,600.00 50,250.00 130,000.00 106,100.00
- 149 -
GEORGIA STATE COLLEGE FOR WOMEN
MILLEDGEVILLE, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Russell Auditorium Sanford Hall Terrell Hall Terrell Annex A Terrell Annex R & C Log Hut Club House & Outhouses
Lake Laurel Utility Building Gilstrap House
Total Buildings
Year Acquired
1928 1939 1909 1922 1922 1924
Investment
Investment
Beginning
End
Of Year Additions Deductions Of Year
$110,000.00$ 2,850.00
137,500.00 100,000.00 18,500.00 50,000,00 110,000.00
2,000.00 1,500.00
$ 112,850.00 137,500.00 118,500.00 50,000.00 110,000.00 3,500.-00
1938 1945 1944
5,000.00 50,000.00
5,000,00 $2,276,500.00 $ 80,200.00
5,000.00 50,000.00
5,000.00 $2,356,700.00
C. IMPROVEMENTS OTHER THAN BUILDINGS Campus Equipment Landscaping Lighting System Heating System Water System Swimming pool and equipment
$ 3,000.00 $ 500,00 7,500,00 2,500.00
28,000,00 2,000,00 200,000,00
15,000.00 25,000,00
$ 253,500.00 $ 30,000.00
$ 3,500.00 10,000.00 30,000.00
200,000.00 15,000.00 25,000.00
$ 283,500.00
D. EQUIPMENT Administrative Physical Plant Library Instruction Organized Research Extens ion Cafeteria Dining Halls Laundry Residence Halls Student Union Hospital Related Activities
TOTAL INVESTMENT IN PLANT
$ 16,033.22 $ 2,170.41
194,189.51 2,318.04
206,994.32 4,413.45
197,496.34 23,540.34
1,669.44
505,85 321.40
11,836.39
7.95
119,543.71 2,040.44
39,225.00
159,604.06 9,860.36
22,005.90
182.50
9,893.97
5,024.14
$ 982,352.41 $ 46,524.33
$3,745,852.41 $161,724.33
$ 18,203.63 196,507.55 211,407.77 221,036.68 1,669.44 827.25 11,844.34 121,584.15 39,225.00 169,464.42 22,188.40 9,893.97 5,024.14
$1.028.876.74
$3,907,576.74
- 150 -
GEORGIA TEACHERS COLLEGE STATESBORO, GEORGIA
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Investments (Temporary) Accounts Receivable
TOTAL GENERAL FUNDS B ; (AUXILIARY
Cash in Bank Accounts Receivable Stores (Inventories)
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$69,793.42 15,131o25 13,957.50
$ 98,882.17
$118,194.88 2,350.85 8,675.19
129,220.92
$ 228,103. 09
$ 6,362. 17
6,362.,17
$ 33,625. 00 585,600.,00 207,736.,24
826,961..24
$1,061,426,.50
- 152
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS
A. GENERAL
Accounts Payable
$
80.00
Purchase Orders Outstanding
2,274.25
Reserve for Contracts Negotiated
882.62
Reserve for Salaries Payable
13,925.00
Reserve for Contracts to be Nego. 51,515.7 4'
General Surplus
30,204.56
TOTAL GENERAL B. AUXILIARY
Purchase Orders Outstanding Salaries Payable Unearned Income Reserve for Stores (Inventori Surplus
$ 98,882.17
$ 1,710.24
300.00
13,965.00
)
8,675.19
.104,570.49
TOTAL AUXILIARY TOTAL CURRENT FUNDS
129,220.92 $ 228,103.09
II. AGENCY FUNDS Fund Balances
$ 6,362.17
TOTAL AGENCY FUNDS
6,362.17
III. PHYSICAL PLANT Invested in plant
$826,961,24
TOTAL PHYSICAL PLANT
826,961.24
TOTAL LIABILITIES AND SURPLUS
$1,061,426.50
- 153
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus ('46-47) County Bulloch Total Governmental
OTHER SOURCES Rents from Property Total from Other Sources
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
General Income
$102,171.58 39,987.70 5,287 17 25,146.20 5,966.50
$178,559.15
$113,000.00 -27,388.81
14,374.50 $ 99,985.69
$ 2,287.50 $ 2,287.50
$280,832.34
- 154 -
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
General
Salaries & Wages
Object Classification
Oprt ing Equipment and Trave 1 Supplies Other Capital Expense & Expense Additions
ADMINISTRATIVE AND GENERAL Dean Comptroller General Pres ident Publicity Registrar Total Adm. and General
$ 4,015.21 $ 3,916.58
$ 93.80 $
5,560.56 5,333.26
227.30
9,199.39
225.58 $1,798.32 7,175.49
12,987.28 12,809.33
177.95
3,205.20 2,799.96
405.24
3,898.37 3,829.99
68.38
$38,866.01 $28,914.70 $1,798.32 $ 8,148.16 $
4.83 4.83
155
STUDENT WELFARE Health Service Placement Bureau Total Student Welfare
$ 2,924.43 $ 2,644.67 1.857.21 1,679.41
$ 4,781.64 $ 4,324.08
$ 279.76 177.80
$ 457.56
GENERAL PLANT ' Operation and Maintenance
$35,355.45 $15,368.15
$13,725.66 $6,261.64
LIBRARY
$14,504.71 $10,033.47
$ 1,061.24 $3,410.00
INSTRUCTION Art Biology Chemistry Commerce Education English Home Economics Industrial Arts Lab. High School
$ 3,716.04 4,479.10 6,430.02
10,816.12 15,295.23 13,549.09
7,385.61 10,320.58 14,466.42
$ 3,360.00 4,375.58 4,599.96 9,596.54
15,266.52 13,374.78
6,431.72 8,770.45 12,358.20
$ 356.04 13.35
1,054.00 820.08 28.71 174.31 526.44
1,550.13 618.94
$ 90.17 776.06 399.50
427.45 1,489.28
GEORGIA TEACHERS COLLEGE STATESBORO, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
156
General
Salaries & Wages
Trave 1 Expense
Operating Supplies & Expense
Equipment and Other Capital
Additions
INSTRUCTION (Cont'd) Elementary School Mathematics Modern Language Music Physics Physical Education Social Science Speech Summer School Total Instruction
$ 13,952.46 $ 13,700.70 4,166.54 4,166.54 3,232.17 3,183.27
18,041.91 14,224.75 3,451.43 3,366.63
15,219.78 11,715.85 14,107.19 14,058.08
2,817.96 2,666.66 17 604.50 17.604.50 $179,052.15 $162,820.73
TOTAL EDUCATIONAL & GENERAL EXPENDITURES$2 72,559.96 $221,461.13
$ 82.26
1,319.02
$ 182.86
3,118.57 49.11
129.45
$ 182.86 $ 9.840.41
$1,981.18 $33,233.03
NON-EXPENSE ITEMS Unearned Income
$ 7,104.00
TOTAL DISBURSEMENTS
$279,663.96
Bookstore Dormitories
East Hall Lewis Hall Sanford Hall Cottages West Hall
Total Dormitories
Dining Hall Farm TOTAL AUXILIARY EXPENDITURES
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Total
Purchases
Salaries
for
& Wages Resale
$ 30,755.58 $ 2,192.22 $27,885.36
6,223.83 3,141.35 5,632.46 3,119.27 12,720.48 4,963.99 5,392.50 1,922.94 5-064.39 2~-r452.84 t 35 !033.66 $15.600,3$
135 114.3 21,147.74
7 f673.65 ,-3,6X6.83 ,577.24' $42r,557.18 $27,885,36
Operating Supplies & Expense
$ 575.50
2,708.29 2,121.45 . 4,812.37 3,360.23 2 -030.3Q_ $ 15.032.64 113,966.61 4.056.82 $133 631.57
$ 169.50 48.90
2,498.14 84.80
202.50 21.85
$ 6,208.15 $15,884.62
Equipment.and Other Capital
Additions ; 102.50
374.19 391.74 2,944.12 109.33
581,.21
503,13
GEORGIA tEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
Bookstore Dormitories
East Hall Lewis Hall Sanford Hall West Hall Cottages
Total Dormitories Dining Hall Farm
TOTAL AUXILIARY INCOME
INCOME
$ 7,650.50 5,358.15
17,608.40 6 ,011.00 3,617.25
$ 35,311.80
40,245.30 159,146.74
8,559.48 $243,263.32
Fund CURRENT FUNDS
General Auxiliary
Total
AGENCY FUNDS
TOTALS
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Balance July 1, 1947
Receipts Disbursements
For Year
For Year
Cash Balance
$ 68,625.04 83,508.80
$152,133.84
$ 7,579.51
$159,713.35
$280,832.34 243,263.32
$524,095.66
$ 70,502.64
$594,598.30
$279,663.96 $ 69,793.42 208,577.24 118,194.88
$488,241.20 $187,988.30
$ 71,719.98 $ 6,362.17
$559,961.18 $194,350.47
BANK BALANCES
Bullock County Bank Sea Island Bank
$ 72,523.18 121,827.29
$194,350.47
- 157
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Student Activities Student Bank Retirement Collections Withholding Tax Collections Group Insurance Collections Bus Account
TOTAL AGENCY FUNDS
Balance Beginning
Of Year $1,096.90
4,482.61
2,000.00 $7,579.51
Receipts For Year $16,404.34 25,570.82
7,901.26 20,418.78
207.44
$70,502.64
Disbursements For Year
$17,476.55 26,421.02 6,973.26 18,761.71 87.44 2,000.00
$71,719.98
Balance End
Of Year $ 24.69
3,632.41 928.00
1,657.07 120.00
$6,362.17
- 158 -
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND Campus Off Campus Total Land
Investment Year Beginning Acquired Of Year
Additions Deductions
Investment End
Of Year
1907 $14,500.00 1907 19,125,00 1936 $33,625.00
$14,500.00 19.125.00
$33,625.00
BUILDINGS
Administration
1907
Laboratory H. S. 1937
Elementary School 1932
New Science Hall 1947
Old Science Hall 1936
Library
1937
East Hall
1907
Lewis Hall
1937
Sanford Hall
1937
West Hall
1907
Anderson Hall
1920
Gymnasium
1932
Industrial Arts
1948
Health Cottage
1936
Store-Post Office 1936
Warehouse
1935
Farm Buildings (six )1934
Dean's House
1935
Sycamore Cottage 1938
Paige House
1939
Pecan Cottage
1935
The Oaks
1935
Veterans Apart.-A 1947
Veterans Apart.-B 1947
Farm House
1934
Yellow House
1925
Watchman's House 1938
Cook's House
1935
Burden's Shanty
1935
Johnson's Shanty 1935
Johnson Farm House 1944
Johnson Farm, FeedingBaml 944
Johnson Farm,Log Barn 1944
Johnson Farm,Garage 1944
Farm Hand House#l 1935
$80,000,00
70,000,00
8,000.00
15,000.00
3,500.00 $1,500.00
40,000.00
40,000.00
50,0G0.00
80,000.00 .
40,000.00
30,000.00
10,000.00 10,000.00
35,000.00
2,500,00
2,000.00
1,500,00
2,950,00
3,000,00 2,000.00
3,000,00 1,000.00
3,000,00 1,000.00
2,500,00
500.00
3,000.00
500.00
5,000.00
5,000.00
3,000.00 1,000.00
3,000.00 1,000.00
2,000,00 1,000.00
500.00
300.00
200.00
300.00
3,000,00
750.00
300,00
300.00
500,00
$80,000.00 70,000.00 8,000.00 15,000.00 5,000.00 40,000.00 40,000.00 50,000.00 80,000.00 40,000.00 30,000.00 20,000.00 35,000.00 2,500.00 2,000.00 1,500.00 2,950.00 5,000.00 4,000.00 4,000.00 3,000.00 3,500.00 5,000.00 5,000.00 4,000.00 4,000.00 3,000.00 500.00 500.00 300.00 3,000.00 750.00 300.00 300.00 500.00
- 159
GEORGIA TEACHERS COLLEGE
STATESBORO, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
BUILDINGS (Cont'd) Farm Hand House #2 Garages Reel House Pump House Swimming Pool Heating Plant Deep Well Total Buildings
Investment
Investment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
1935 1936 1938 1938 1930 1927 1938
$ 300.00 150.00 $ 150.00 200.00 200.00
1,000.00 5,000.00 10,000.00 $530,750.00 $54,850.00
$ 300.00 300.00 200.00 200.00
1,000.00 5,000.00 10,000.00 $585,600.00
EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories , Dining Hall Farm Store Total Equipment
$ 2,555.00 $ 43.26
36,710.31
$1,036.75
56,275.70 3,410.00
49,945.44 8,405.49
30,362.05
2.21
9,740.31
392.36
4,545.15 4,723.35
1,911.50 540.00
$192,045.46 $17,122.10 $1,431.32
$ 2,598.26 35,673.56 59,685.70 58,350.93 30,359.84 9,347.95 9,268.50 2,451.50
$207,736.24
TOTAL INVESTMENT IN PLANT
$756,420.46 $71,972.10 $1,431.32 $826,961.24
160
THE GEORGIA STATE WOMANS COLLEGE VALDOSTA, GEORGIA
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS B. AUXILIARY Cash in Bank Stores (Inventories) TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank and on Hand Investments TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Cash in Bank Notes Receivable Investments in U. S. Securities TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash in Banii Notes Receivable Investments in U. S. Bonds TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Land and Improvements Buildings Equipment TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 1,013.15 274.00
$ 1,287.15
$13,122.92 1,835.38
14,958.30
$ 16,245.45
$ 4,043.07 1, 110.00
5,153.07
$ 770.54 715.00
5,000.00
6,485.54
$ 1,824.03 4.214.50 3.237.50
9,276.03
$150,000.00 515,598.00 162,422.72
828,020.72 $865,180.81
162
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL General Surplus
TOTAL GENERAL
B. AUXILIARY Reserve for Stores Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balances
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balances
TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$ 1,287.15 $ 1,287.15
$ 1,835.38 13,122.92
14,958.30 $ 16,245.45
$ 5,153.07
5,153.07
$ 6,485.54 6,485.54
$ 9,276.03 9,276.03
$828,020.72 828,020.72
$865,180.81
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
STUDENT FEES Non-Resident Tuition Matriculation Health Service Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus ('46-47) Total Governmental
OTHER SOURCES Rents, Caps and Gowns Diplomas Misce1lane ous Total from Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
General Income
$ 2,990.00 31,383.60 3,725.60 3,747.89
$ 41,847.09
$123,600.00 1 4 8 .72
$123,451.28
$
86.75
228.84
1,500.00
$ 1,815.59
$167,113.96
- 164
*
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
ADMINISTRATIVE AND GENERAL President's Office Comptroller's Office Registrar's Office General Total Adm. and General
STUDENT WELFARE Publicity and Placement Office Student Hospital Lectures (Art. Ser.) Total Student Welfare
PHYSICAL PLANT
LIBRARY
INSTRUCTION Art Department Biology Department Chemistry Department Education Department English Department Health Department Home Economics Department Math and Physics Modern Foreign Language Music Department Physical Education Department Social Science Department Speech Department
Genera 1
Salaries & Wages
Object Classification
Operating
Tr ave 1
Supplies
Expense & Expense
Equipment and Other Capital
Additions
$ 9,017.94 7,766.89 5,840.40 4,016.65
$26,641,88
$ 8,300.00 7,259.43 4,800.00
$20,359.43
$ 31.50 180.00
835.04 $1,046.54
$ 138.19 327.46 757.96
3,181.61 $ 4,405.22
$ 548.25 282.44
$ 830.69
$ 3,887.98 2,645.75 1.088.49
$ 7,622.22
$ 2,612.24 2,506.50 200.00
$ 5,318.74
$ 84.95 139.25
$ 224.20
$ 1,190.79
697.29 $ 1,888.08
$28,640.64 $10,327.56 $1,688.16 $12,966.37
$11,426.07 $ 7,977.69
$ 1,270.62
$ 191.20 $ 191.20
$3,658.55
$2,177.76
$ 5,642.38 9,454.37 5,835.87 3,214.72 7,788.02 1,362.81 3,489.81 4,714.60 4,367.10
15,456.24 20,281.64
4,026.84 4,040.46
$ 5,517.30 7,343.63 5,505.30 3,148.33 7,748.42 1,326.21 3,243.50 4,696.00 4,367.10
13,084.45 17,614.81
2,570.33 4,027.86
$ 97.14 320.24 44.37 66.39 39.60 36.60 217.56 18.60
132.60 2,430.28
279.36 12.60
$ 27.94 1,790.50 286.20
28.75
2,239.19 236.55
1,177.15
165
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
INSTRUCTION (Cont'd.) Sociology and History Summer School Salary Total Instruction
TOTAL EDUCATIONAL AND GENERAL PVDPMnTTI IRPQ
General
Salaries & Wages
Object Classification
Operating
Trave1
Supplies
Expense & Expense
Equipment and Other Capital
Additions
$ 11,985.47 $ 11,949.58
1,803.00
1,803.00
$103,463.33 $ 93,945.82
$ 35.89 $ 3,731.23
$177,794.14 $137,929.24 $2,958.90 $24,261.52
$ 5,786.28 $12,644.48
Non-Expense Transfer to Auxiliary
$ 11,385.89
TOTAL DISBURSEMENTS
$189,180.03
166
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Dormitories Ashley Hall Converse Hall Senior Hall Total Dormitories
Dining Hall Insurance Claim on Fire Losses State of Georgia - Regents On Fire Loss
$ 6,886 90 12,947 37 7 ,713.33 I 27,547 60 74,742.30 36,444.58 6,200 00
TOTAL AUXILIARY INCOME
-
$144,934.48
Non-Income Receipts Transfer from Rehabilitation Funds
11,385.89
TOTAL AUXILIARY RECEIPTS
$156,320.37
EXPENDITURES
Total
Salaries & Wages
Operating Supplies & Expense
Dormitories Ashley Hall 25% Converse Hall 47% Senior Hall 28%^ Total Dormitories
Dining Hall Fire Rehabilitation
$ 9,541.45 17,937.93 10,686.43
$ 38,165.81 65,922.10 48,279.77
$ 4,341.60 8,162.25 4,862.65
$17,366.50 20,237.80
$ 4,523.17 8,503.51 5,065.89
$18.092.57 43,379.38
TOTAL AUXILIARY EXPENDITURES
$152,367.68 $37,604.30 $61,471.95
Equipment and Other Capital
Additions
$ 676.68 1,272.17 757.89
$ 2,706.74 2,304.92
48,279.77
$53,291.43
* - 167 -
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30. 1948
Balance of principal, beginning of year Cash & Bonds, as indicated on reports Add Outstanding Notes Receivable Total
ADDITIONS 1. Income on Investments Total Add it ions
DEDUCTIONS 1. Notes and Accounts written off Total Deductions
Balance of Principal, end of year
Endowment Funds Loan Funds
$6,090,42 $4,899.45 235.00 4,810.50
$6,325.42 $9,709.95
$ 160.12 $ 100.00 T 160,12 $ 100,00
-0- $ 533.92 -0- $ 533.92 $6,485.54 $9,276.03
STATEMENT OF TRUST FUND BALANCE BY FUNDS For Year Ended June 30, 1948
Fund ENDOWMENT FUNDS
Claude Davis Ingram, Student Loan Fund, DAR
Total Endowment Funds LOAN FUNDS
War Bond Scholarship Fund Septembe r 14 Fund G.S.W.C. Loan Fund a/c
Tota 1 Loan Funds TOTAL TRUST FUND
Fund Balance Beginning Of Year Additions
$ 6,325.42 $ 6,325.42
$ 3,286.20 4,423.75 2,000,00
$ 9,709,95 $16,035.37
$160.12 $160.12
$100.00 $100.00 $260,12
Fund Balance End
Deductions Of Year
$533,92
$533,92 $533.92
$ 6,485.54 $ 6,485.54
$ 3,286.20 3,989.83 2,000.00
$ 9,276,03 $15,761157
STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
ENDOWMENT FUNDS Bonds, Governmental Notes Receivable Total Endowment Funds
LOAN FUNDS Bonds, Governmental Student Notes Receivable Other Notes Receivable Total Loan Funds
TOTAL TRUST FUND INVESTMENTS
Book Value Market Value
$ 5 000 00 $ 5,000. 00
715, 00
715. 00
$ 5 715..00 $ 5,715. 00
$ 3, 237.,50 $ 3,500. 00
3, 564, 0 3,324. 00
650 ,00
650, 00
$ 7 j452 00 $ 7.474, 00
$13, 167.,00 $13,189. 00
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Balance
Fund
Beginning
Of Year
Student Activities
$1,738.46
Student Bank
4,643.55
Retirement Collections
Withholding Tax Collections
TOTAL AGENCY FUNDS
$6,382.01
Receipts For Year 5 6,220,03 53,138.52
3,590,00 13,616.30 76,564.85
Balance
Disbursements End
For Year
Of Year
& 6,097.38 $1,861.11
54,490.11 3,291.96
3,590.00
13,616.30
577,793.79 $5,153,07
- 168 -
Fund
CURRENT FUNDS General Auxiliary Tota 1
AGENCY FUNDS
TRUST FUNDS Endowment Loan Tota 1
TOTALS
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Balance Receipts Disbursements
July 1, 1947 For Year
For Year
Cash Balance
$23,079.22 9,170.23
$32,249.45
$ 5,272.01
$167,113.96 $189,180.03 156,320.37 152,367.68
$323,434.33 $341,547.71
$ 76,564.85 $ 77,793.79
$ 1,013,15 13,122.92
$14,136.07
$ 4,043.07
$ 1,090.42 1,661.95
$ 2,7 52.37
$40,273.83
$ 180.12 $ 500.00
2,077.00
1,914.92
$ 2,257.12 $ 2,414.92
$402,256.30 $421,756.42
$ 770.54 1,824.03
$ 2,594.57
$20,773.71
BANK BALANCES
First National Bank, Va Idosta
Educational & General Account Special Rehab. Account Auxiliary Enterprises Account Petty Cash Account
Total Citizens & Southern Nat'l. Bank, Valdosta
Students Bank, G.S.W.C. G.S.W.C. Loan Funds Account Claude Davis Ingram DAR Loan Fund
Total Cash on Hand, Students Bank, G.S.W.C. Agency Fund
TOTAL
$ 646.43 366.72
12,822.92 300.00
$14,136.07
$ 4,121.90 1,312.00 770.54
$ 6,204.44
433.20
$20,773.71
- 169 -
THE GEORGIA STATE WOMANS COLLEGE
VALDOSTA, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Campus Total Land
BUILDINGS Library Administration Gymnasium Kitchen 1948 Dormitory, Converse Hall Dormitory, Ashley Hall Dormitory, Senior Hall Swimming Pool and Bath House Students Activities Log Cabin Boiler House Out Buildings (Garage and Stables) Total Buildings
IMPROVEMENTS Streets and Sidewalks Heating System Camellia Trail (Gift) Amphitheatre Total Improvements
EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Student Activities Dormitories Dining Hall (Ashley Hall) Kitchen Annex Heating Plant Total Equipment
TAL INVESTMENT IN PLANT
Investment End
Of Year
$150,000.00 $150,000.00
$ 60,000.00 125,000.00 5,000.00 3,448.00 110,000.00 100,000.00 60,000.00 23,000.00 8,000.00 20,000.00 1,150.00
$515,598.00
$ 15,000.00 20,000.00 12,000/00 3,000.00
$ 50,000.00
$ 6,025.10 3,878.41
58,347.07 36,617.73
3,739.85 18,879.59
1,741.06 13,193.91 20,000.00 $162,422.72
$878,020.72
- 170 -
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Imprest Cash Accounts Receivable
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Stores (Inventory)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 7,524.86 300.00 951.13
$ 8,775.99
$10,861.72 300.00
1,400.07 2,994.26
$ 15,556. 05
$ 24,332.04
$ 3,179.,14
3,179.14
$ 22,361 .98 408,384,.58 93,011 .83
523,758.39
$551,269.57
172
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Work in Progress Reserve for Purchase Orders Outstanding Reserve for Unearned Income Reserve for Group Insurance General Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Reserve for Unearned Income Reserve for Group Insurance Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$ 289.49
26.00 1,157.50
161.10 7,141.90
$ 8,775.99
$ 1,244.15 5.60
2,994.26 11,312.04
15,556.05 $ 24,332.04
$ 3,179.14
3,179.14
523,758.39 523,758.39
$551,269.57
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees
Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus Vocational Funds
County Sumter County
City City of Americus
('46-47)
Total Governmental
OTHER SOURCES Rents from Property Misce1laneous
Total from Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
General Income
$ 18,521.26 23,799.27 801.30 6.091.33 2.317.34
$ 51,530.50
$ 75,000.00 lO ,0 0 2 . 4 0 1.500.00 5.390.00 1.815.00
$ 73,702.60
$ 1,200.00 1,910.30
$ 3,110.30 $128,343.40
- 174
a
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
General
Object Classification
<Salaries
Operating Trave 1 Suppl es
& Wages Expense & Expense
Equipment and Other Capital
Additions
ADMINISTRATIVE AND GENERAL Dean's Office Business Office General Administrative President's Office Registrar's Office Total Adm. and General
$ 4,194.20 7,793.38 6,547.08 8,750.58 4,471.46
$ 31,756.70
$ 3,369.11 $ 6,234.08 570.00 8,066.04 3,845.53
$ 22,084.76 $
177.60 $ 580.15 $ 67.34
151.50
491.02
916.78
262.09 5,714.99
348.45
204.50
131.59
558.59
67.34
939.64 $ 7,549.25 $ 1,183.05
STUDENT WELFARE PHYSICAL PLANT
$ 4,328.79 $ 3,656.74 $ 28,552.26 I 9,223.82
$ 670.61 $
1.44
$ 6,014.41 $13,314.03
LIBRARY
$ 4,100.23 $ 3,357.80
$ 52.45 $ 689.98
INSTRUCTION Business Education Education and Lab. School Home Economics Languages Natural Sciences Physical Education Social Sciences Summer Sessions Total Instruction
$ 12,615.27 18,854.77 3,349.86 6,249.64 17,758.93 4,391.34 6,343.01 4.859.00
$ 74,421.82
$ 10,382.22 18,616.02 $ 3,027.48 6,210.29 15,344.32 i 3,416.68 6,276.78 4,386.10
$ 67,659.89 $
$ 328.30 $ 1,904.75
50.25
188.50
69.40
194.93
58.05
39.35
1,134.37 1,280.24
376.40
598.26
66.23
472.90
119.65 M 2,800.98 $ 3,841.30
TOTAL EDUCATIONAL & GENERAL EXPENDITURES $143,159.80 $105,983.01 $1,059.29 $17,087.70 $19,029.80
17 5
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
The Campus Store Dormitories:
Morgan Hall Sanford Hall Terrell Hall Wheatley Hall Annex
Total Dormitories College Dining Hall F.W.A. Grant Miscellaneous Income TOTAL AUXILIARY INCOME
EXPENDITURES
$ 503.65 6.738.25 4.869.25 1,579.90 1,211.50
$16,641.12
14,902.55 59,519.39
4,000.00 344.60
$95,407.66
Total
Salaries Purchases
and
For
Wages______ Resale
Operating Supplies & Expense
The Campus Store
$ 17.991.71$ 2,727.90$14,143.19$ 575.04
Dormitories:
Morgan Hall
1,986.51
152.19
Sanford Hall
8,776.45 4,974.03
Terrell Hall
12,318.35 2,030.86
Wheatley Hall
5,569.38
722.12
Annex
1,155.17
699.85
Total Dorms $ 29.805.86$ 8,579.05
College Dining Hall $ 61.292.24$13.670.34
Other
$ 4,000.00
530.09 1,985.40 7,555.84 1,647.26
455.32 $12,173.91 $39,455.11
Equipment and Other Capital
Additions
$ 545.58
1,304.23 1,817.02 2,731.65 3,200.00
$ 9,052.90 $ 8,166.79 $ 4,000.00
TOTAL AUXILIARY ENTERPRISES
$113,089.81124,977.29$14,143.19$52,204.06 $21,765.27
176 -
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
CURRENT FUNDS Genera 1 Auxiliary Total Current Funds
Balance Rece ipts
Beginning
for
Of Year
Year
Expenditures f or Year
Balance End
Of Year
$22,641.26 $128,343.40 $143,159.80 $ 7,824.86 28,843.87 95,407.66 113,089.81 11,161.72
$51,485.13 $223,751.06 $256,249.61 $18,986.58
AGENCY FUNDS Reserves F.H.A. Apartments Student Activities Total Agency Funds
$ 2,064.60 $ 4,636.86 $ 4,549.06 171.54 4,847.38 4,302.53 652.84 2,218.51 2,560.74
$ 2,888.98 $ 11,702.75 $ 11,412.33
$ 2,152.40 716.39 310.35
$ 3,179.14
TOTAL
$54,374.11 $235,453.81 $267,661.94 $22,165.72
BANK BALANCES
Bank of Commerce
$ 12,019.22
Citizens Bank of Americus
9,546.50
Imprest Cash - Educational & Gen.
300.00
Imprest Cash - Auxiliary Enterprise 300.00
$ 22,165.72
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Room and Key Deposits Chemistry Breakage Registration Fee Personal Deposits F.H.A. Apartments Student Activities
TOTAL AGENCY FUNDS
CO
o o o
Balance Beginning
Of Year $1,794.60
240.00
171,54 652.84 $2,888,98
Rece ipts For Year
$ 612,00 863.81
2,538.75 622.30
4,847.38 2,218.51
$11,702.75
Disbursements For Year
$ 625.25 858.81
2,449.20 615.80
4,302,53 2,560.74
$11,412.33
Balance End
Of Year
$1,781.35 35.00
329.55 6.50
716.39 310.35
$3,179.14
- 177 -
GEORGIA SOUTHWESTERN COLLEGE
AMERICUS, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND
Investment Year Beginning Acquired Of Year
$ 5,580.00
Additions
Deductions
vestment End of
Year
$ 5,580.00
B. BUILDINGS
Administration Bldg.
Science Building
1947
Gymnasium-Auditoriurn
Home Economics Building
President's Home
Barn (Storage Depot)
Morgan Hall
Sanford Hall
Terrell Hall
Wheatley Hall
Campus Cottage
Campus Duplex (Farm House)
Negro House
Fuel House
Negro Bunk House
Utility House
New Boys Dormitory
Sewage Plant
Total Buildings
91,500.00 $ 1,079.64
50,000.00
250.17
65,000.00
263.03
2,000.00 5,100.25
10,500.00 2,004.20
2,000.00
258.30
32,000.00 1,066.73
65,000.00 1,500.00
30,000.00 2,457.13
20,000.00 7088.45
2,500.00
658.21
2,500.00 1,236.87
350.00
36.60
235.00
200.00
100.00
4,000.00
7,500.00
$381,385.00 $26,999.58
92,579.64 50,250.17 65,263.03
7,100.25 12,504.20
2,258.30 33,066.73 66,500.00 32,457.13 27,088.45
3,158.21 3,736.87
386.60 235.00 200.00 100.00 4,000.00 7,500.00 $408,384.58
C. OTHER IMPROVEMENTS Streets and Sidewalks Lighting System School Bus Total ImDrovements
$ 12,000.00 $ 1,800.00 2,500.00
$ 16,300.00 $
209.80 180.33
91.85 481.98
$ 12,209.80 1,980.33 2,591.85
$ 16,781.98
D. EQUIPMENT Administrative Offices Student Welfare (Infirmary) Physical Plant Library Instruction Divisions Dormitories Food Service (Dining Hall) Student Center (Campus Store) Total Equipment
$ 2,682.67 $ 1,183.05
641.12
1.44
11,805.36 1,944.78
20,301.58
689.98
15,640.20 3,841.30
9,231.46
829.04
19,123.72 4,278.34
272.21
545.58
$ 79,698.32 $13,313.51
TOTAL INVESTMENT IN PLANT
$482,963.32 $40,795.07
'
,
$ 5,86b.12
642.56
13,750.14
20,991.56
19,481.50
10,060.50
23,402.06
817.79
$ 93,011.83
$523,758.39
- 178 -
WEST GEORGIA COLLEGE CARROLLTON, GEORGIA
WEST GEORGIA COLLEGE
CARROLLTON, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventories)
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 7,403.28 4,072.75
$ 11,476.03
$32,185.18 3,690.58 2,742.15
38,617.91 $ 50,093.94
$ 3,484.20 $ 3,484.20
$100,190.00 419,759.00 187,195.76
707,144.76
$760,722.90
WEST GEORGIA COLLEGE
CARROLLTON, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Due to other funds Unearned Income General Surplus
$ 97,16 295.00 263.79
1,197.27 9,622.81
TOTAL GENERAL
$ 11,476.03
B. AUXILIARY
Accounts Payable
179.82
Contracts Negotiated
5.200.00
Purchase Orders Outstanding
284.55
Due to other Funds
17.08
Unearned Income
7.724.00
Reserve for Stores
2,742.15
1
Surplus
22,470.31
TOTAL AUXILIARY
38,617.91
TOTAL CURRENT FUNDS
$ 50,093.94
II, AGENCY FUNDS Fund Balances
$ 3,484.20
TOTAL AGENCY FUNDS
3,484.20
III. PHYSICAL PLANT Invested in Plant
$707,144.76
TOTAL PHYSICAL PLANT
707,144.76
TOTAL LIABILITIES AND SURPLUS
$760,722.90
181
WEST GEORGIA COLLEGE
CARROLLTON, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
STUDENT FEES Non-Resident Tuition Matriculation Summer Session Fees Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less return of surplus Vocational Funds Total Governmental
('46-47)
OTHER SOURCES Fire Insurance Recovery Rents from property Miscellaneous Total from other sources
TOTAL EDUCATIONAL AND GENERAL INCOME
Non-Income Receipts Insurance Collections
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
General Income
$ 46,290.,65 40,623. 30 3,510..75 7,122..98
$ 97,547..68
$ 75,700.00 -5,145.11 4,532.06
$ 75,086.95
$ 4,271.39 1,326.99 1,104.70
s 6,703.08
$179,337.71
263.79
$179,601.50
182
WEST GEORGIA COLLEGE
CARROLLTON, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Dormitories:
Adamson Hall Me Ison Hall Mandevi lie Hall Log Cab in Hamm Barracks Borders Barracks Wright Barracks Rogers Hall Gunn House
Total Dormitories Dining Hall Farm Training Shops Fire Loss Recovery Federal Works Agency
TOTAL AUXILIARY INCOME
$7,444,,88 7,444, 3,842.,76 1,825,,60 2,129,,87 2,129,,88 4,026. 70 1,439. 26 142.,57
00
$ 19,447.55
30,426.39 109,102.11
7,599.78 4,256.14 1,309.22 2,800.00 $174,941.19
- 183 -
WEST GEORGIA COLLEGE
CARROLLTON, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
bj________ Object Classification________ _
---------
"
OperatingEquipment and
Salaries Travel Supplies Other Capital
Total
& Wages
Expens e & Expense
Additions
ADMINISTRATIVE & GENERAL Administrative Dean $ 3,281.72
2,276.67
139.02$ 866.03
Business Office
General President's Office Registrar's Office
6.975.27 7.424.27 9,049.79 2.972.32
6.246.51 894.90
8.404.52 2 .649.49
105.71 429.61 563.64
55.7 5
565.16 999.76
81.63 267.08
Total Adm. & Gen. $29!70337 $ 20^472.09 $1,293.73$ 7,779.66 $
57.89 100.00 157.89
STUDENT WELFARE Dean of Women Veterans Guidance Total Stud. Wei.
PHYSICAL PLANT
LIBRARY
$ 1,118.83 1.399.99
$ 2,518.82
$61,002.25
$ 8.907.20
1,118.83 1 ,,399.99 2,518.82
32.676.71
4.968.66
$26.177.23 $2,148.31 3,709.21 $ 229.33
INSTRUCTION
Health & Other Vocations
Commercial
$ , 010 , 85
Education
,467, 77
Home Economics
,394 65
Physical Education
,400 54
Psychology
798 91
Summer School__
.078 23
Teacher Training
961 40
Total
$43, 5.12,35
$ $
5,951.52
$ 552.32
7,104.52 $ 900.00 463.25
3,191.01
107.39
6,434.25
43.05 2 619.49
750.81
48.10
5,028.89
49.34
5.812,07 785.83_1 363.50
34,273.07$1,728
5,203.39
11,507.01 96.25
303.75
$1,907.01
Language & Literature
Art
>
English
French
Humanities
Music
Spanish
Total
,279. 37 ,247, 52
,683, 42 ,810 72
378, 92
683 2A
083 3
625.18 152.13
683.42 810.72 508.43
683.28 18,463,16
10.60
128.00 585.94
526.19 498.85
10.60$
270.49 600.00 984.43 $1,625.04
Science & Mathematics
Biology
,085, 59
Chemistry
,333 36
Mathematics
,085 88
Physics
.103 44
Engineering ^Drawing_____2_38__0_0
Total
$18,846 27
4,569.19 4,767.83 3,085.88 4,326.47
16,749.37 $
164.00 465.53
352.40 100.00
48.05
578.92
150.00
238.00
48.05$ i,446.45 $ 602.40
Social Science
Ec onomics
,278 34
Political Science
.095 78
Sociology
099 M
iw Total
Total
Instruction
$
7 ,473 70 T 5 "55
3,252.13
26.21
2,095.78
2.091.97
7.61
7.439.88
33.82
76 !925.48 $1,787.53$ 7,668.09 $4,134.45
EXTENSION
4,419.75
3,480,27
939.48
TOTAL EDUCATIONAL EXPENDITURES
&
GEN$97,066.94
$141,042.03
$3,081.26$46,273.67
$6,669.98
184 -
WEST GEO R GIA COLLEGE CARROLLTON, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Total
Salaries and
Wages
Purchases Operating
For
Supplies
Resale & Expense
Bookstore
$ 17,234.38$ 1,873.69 $14,132.27 $ 1,228.42
Dining Hall
104,758.83 15,747.07 84,073.19 2,609.95
Dormitories:
Adamson Hall
6,276.35 1,767.06
4,007.35
Borders Barracks
1,806.13 682.77
976.91
Hamm Barracks
1,806.13 670.87
989.01
Log Cabin
1,548.12 462.78
959.94
Mandeville Hall
3,225.12 1,453.74
1,519.95
Me Ison Hall
6,276.35 1,565.45
4,209.56
Rogers Hall
1,383.74 225.30
1,033.04
Wright Barracks
3,396.18 869.26
2,254.77
Gunn House
83.87
83.87
Total Dormitories! 25,801.99$ 7,697.23
$16,034.40
Arch. Fees F.W.A.
2,800.00
Farm
9,806.11 3,966.48
5,111.63
Shops
4,181.44 2,456.64
1,684.80
Equipment and Other Capital
Additions
$2,328.62
501.94 146.45 146.25 125.40 251.43 501.34 125.40 272.15
$2,070.36 2,800.00 728.00 40.00
TOTAL AUXILIARY EXPENDITURES
$164,582.75131,741.11 $98,205.46 $26,669.20 $7,966.98
- 185
WEST GEORGIA COLLEGE CARROLLTON, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Student Activities Student Bank Retirement Collections Withholding Tax Collections Athletic Association TOTAL AGENCY FUNDS
Balance Beginning
Of Year
Receipts For Year
$2,642.55 $ 8,955.62 2,428.98 8,962.00 3,509.83 11,632.61 3,176.13
$5,071.53 $36,236.19
Balance Disbursements End
For Year Of Year
$ 9,522.05 9,684.38 3,509.83
11,632.61 3,474.65
$2,076.12 1,706.60
-298.52
$37,823.52 $3,484.20
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Fund CURRENT FUNDS
General Aux i1iary
Total
AGENCY FUNDS
TOTALS
Cash Balance Receipts Disbursements
July 1, 1947 For Year
For Year
Cash Balance
$24,868.72 21,826.74
$46,695.46
$179,601.50 174,941.19
$354,542.69
$ 5,071.53 $ 36,236.19
$51,766.99 $390,778.88
$197,066.94 164,582.75
$361,649.69
$ 37,823.52
$399,473.21
$ 7,403.28 32,185.18
$39,588.46
$ 3,484.20
$43,072.66
BANK BALANCES
Peoples Bank (Revenue) Peoples Bank (Agency)
$ 1,197.27 1,777.60
Peoples Bank (Auxiliary)
32,185.18
West Georgia National Bank (Operating) 6,206.01
Peoples Bank (Student Bank)
1,706.60
$43,072.66
186
WEST GEO RGIA COLLEGE CARROLLTON, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Campus Off Campus Total Land
Investment
Investment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
1907 1907
$ 4,000.00 23,5J30.00
$ 27,500.00
$ 4,000.00 23,500.00
$ 27,500.00
BUILDINGS-CAMPUS: Adamson Hall Administrative Bookstore Borders Barracks Dining Hall-Auditorium Engineering Drawing Gunn House Hamm Barracks Log Cabin Dormitory Library Machine Shop Maintenance Shop Mandeville Hall McGiboney (Rogers Hall) Me Ison Hall Plant Supervisors' Home President's Home Recreation Center Rural Arts Storms Barracks (Federal Hse. Unit) Tenant House No. 1 Tenant House No. 5 Woodshop Wright Barracks Total Campus Bldgs.
BUILDINGS-FARM Calf Barn Cow Barn Crib Dairy Barn Mule Barn & Sheds Adj . Tenant House No. 3 Tenant House No. 4 Total Farm Bldgs.
1907 1907 1944 1944
1946 1907 1944 1932
1944 1948
1946 1907
1907 1947
1945
$40,000.00 45,000.00 $13 ,000.00 4,000.00 466.00 5,000.00 70,000.00 6,000.00 .4,500.00 500.00 5,000.00 3,000.00 45,000.00 10,000.00
32,000.00 1,500.00
40,000.00 1,000.00 6,000.00 4,500.00
44,000.00 3,500.00
500.00 200.00
993.00
1944 1946 1944 1944
500.00 400.00 100.00 10,000.00 10,000.00 $390,900.00 $15,759.00
1907 1946 1907 1944 1907 1943 1944
200.00 . 5,000.00
200.00 3,000.00 2,000.00 1,000.00
400.00 $ 11,800.00 $
100.00 100.00
$ 40,000.00 58,000.00 4,466.00 5,000.00 70,000.00 6,000.00 5,000.00 5,000.00 3,000.00 45,000.00 10,000.00 1,200.00 32,000.00 2,000.00 40,000.00 1,200.00 6,000.00 4,500.00 44,993.00 3,500.00
500.00 500.00 10,000.00 10,000.00 $407,859.00
200.00 5,000.00
200.00 3,000.00 2,000.00 1,000.00
500.00 $ 11,900.00
Total Buildings
$402,700.00 $15,859.00
$419,759.00
- 187 -
WEST GEORGIA COLLEGE CARROLLTON, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
Year
Beginning
Acquired Of Year Additions Deductions
C. OTHER IMPROVEMENTS Streets & Walks Lighting System Heating System Water System Athletic Fields & Tennis Courts Total Improvements
$ 3,000.00 $ 390.00
8,000.00
700.00
22,000.00 4,500.00
25,000.00 1,100.00
8,000.00 $ 66,000.00 $ 6,690.00
Investment End
Of Year
$ 3,390.00 8,700.00
26,500.00 26,100.00
8,000.00 $ 72,690.00
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Depts. Dormitor ies Dining Hall Bookstore Farm Shops Total Equipment
TOTAL INVESTMENT IN PLANT
4,420.00
100.00
10,805.00 1,150.00
43,972.00 1,556.00
32,300.00 2,442.00
32,122.00 2,966.00
13,970.76
23?.00
3,560.00
550.00
9,938.00
$ 519.00
35,179.00
7,548.00
$186,266.76 $ 8,996.00 $8,067.00
$682,466.76 $31,545.00 $8,067.00
4,520.00 11,955.00 45,528.00 34,742.00 35,088.00 14,202.76
4,110.00 9,419.00 27,631.00 $187,195.76
$707,144.76
188
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventories)
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land and improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$12,641.83 1,144.68
$ 13,786.51
16,988.70 570.00
9,073.00
26,631. 70
$ 40,418. 21
$ 2,263. 71
2,263 .71
$ 18,400,.00 577,000 .00 219,400 .24
$814,800.24
$857,482.16
190
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Reserve for Work in Progress Unearned Income General Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Reserve (Inventories) Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$11,661.44 291.18
1,833.89 $ 13,786.51
9,073.00 17,558.70
$ 26,631.70 $ 40,418.21
$ 2,263.71 $ 2,263.71
$814,800.24 $814,800.24 $857,482.16
191
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
STUDENT FEES Non-Resident Tuition Matriculation or Resident Fees Summer Sess ion Fees Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Allotment Less Return of Surplus Total Regular Funds
OTHER SOURCES Property Rentals
$35,326.80 24,052.01 6,834.48 500.00
57,733.33 7,592-54
General Income
$ 66,713.29
$ 50,140.79 $ 2,350.00
TOTAL EDUCATIONAL AND GENERAL
$119,204.08
192 -
MIDDLE GEORGIA COLLEGE
1
COCHRAN, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Total
Salaries & Wages
Operating Travel Supplies Expense & Expense
ADMINISTRATIVE & GENERAL
Administrative Dean S 225.00 $ 225.00
Comptroller
4,973.08 4,943.33
General
4,153.51
377.10 $685.61
Pres ident
11,270.00 11,270.00
Registrar
5,316.24 5,246.67
Total Adm & Gen. $ 25,937.83 $ 22,062.10 $685.61
$ 29.75 3,090.80
69.57 $ 3,190.12
Equipment and Other Capital
Additions
PHYSICAL PLANT
$ 53,533.23 $ 37,210.59
$11,811.81 $4,510.83
LIBRARY
$ 5,798.01 $ 3,931.99
$ 1,854.22 $ 11.80
INSTRUCTION
English
$ 6,900.00 $ 6,900.00
History
3,633.34 3,633.34
Languages
3,111.07 3,016.66
Music
3,248.33 3,233.33
Sociology
3,016.66 2,916.66
Commerce
7,532.64 6,666.66
Physical Education 5,329.79 4,850.00
Biology
3,750.00 3,550.00
Chemistry
8,704.14 7,204.14
Engineering
3,666.6o 3,666.66
Home Economics
3,216.66 3,016.66
Mathematics
6,883.32 6,883.32
Physics
3,403.41 3,366.66
Summer Session
6,292.50 6,292.50
Total Ins true tion$68,688.52 $ 65,196.59
$ 49.41
100.00 492.23 479.79 200.00 1,232.51
61.00
36.75
$ 2,651.69
$ 45.00 15.00
373.75
267.49 139.00
$ 840.24
TOTAL EDUCATIONAL &
GENERAL
$153,957.59 $128,401.27 $685.61
$19,507.84
$5,362.87
- 193 -
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Dormitories:
Browning Hall Peacock Hall Wiggs Hall Ebenezer Hall Jackson Hal 1 New Hall (Social Center)
Total Dormitories Dining Hall Farm
TOTAL AUXILIARY INCOME
$7,991.70 5,382.72 3,636.88 1,478.23 826.00 1,787.00
Total Income $ 14,147.03
21,102.53 75,637.36
4,412.50 $115,299.42
EXPENDITURES
Total
Salaries & Wages
Bookstore
10,279.92
Dormitories:
Browning Hall
7,404.31 3,698.80
Peacock Hall
5,701.53 2,546.79
Wiggs Hall
3,626.75 1,992.30
Ebenezer Hall
1,464.47 792.95
J acks on Hall
821.13 516.75
lew Hall (Social Center)197.48 1 . 002.00
Total Dormitories$20,715.67 $10,549.59
Dining Hall Farm
74,400.40 15,894.83 3,840.29 599.40
Purchase for
Resale
$10,279.92
Operating Supplies & Expense
2,765.21 1,673.56 1,226.72
551.22 249.08 595.48 5 7,061.27 56,850.42 241.04
Equipment and Other Capital
Additions
$ 940.30 1,481.18 407.73 120.30 55.30 100.00 53,104.81 1,655.15 2,999.85
TOTAL AUXILIARY EXPENDITURES
$109,236,28 $27,043.82 $10,279.92 $64,152.73 $7,759.81
194 -
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Alumni Association Athletic Association Student Bank Key Pool Student Activities Room Deposits Veterans Apartments Withholding Tax Retirement Fund
TOTAL AGENCY FUNDS
Balance Beginning Receipts
Of Year For Year
Balance
Disbursements End
For Year
Of Year
$ 22.15
853.21 $ 4,313.72
588.35 3,783.36
92.05
54.00
1,274.91 3,971.80
1,118.00 3,041.00
1,756.39 6,451.00
11,620.00
3,430.63
$ 5,153.88 4,117.21 71.07 5,216.55 3,489.00 7,008.52
11,620.00 3,430.63
$ 22.15 13.05
254.50 74.98 30.16
670.00 1,198.87
$5,705.06 $36,665.51 $40,106.86 $2,263.71
195
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
*
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
GENERAL
Fund
AUXILIARY
TOTAL
AGENCY FUNDS
TOTAL
Cash Balance Receipts Disbursements
July 1, 1947 For Year
For Year
$47,395.34 $119,204.08 $153,957.59
Cash Balance June 30, 1948
$12,641.83
10,925.56
115,299.42 109,236.28
16,988.70
$58,320.90 $234,503.50 $263,193.87 $29,630.53
5,705.05
21,614.88 25,056.23
2,263.71
$64,025.95 $256,118.38 $288,250.10 $31,894.24
BANK BALANCES
State Bank of Cochran Revenue Collections Educational & General Account E & G Automotive Shop Account Auxiliary Enterprises Account Government I & E Veterans Apartment Account Deposits
TOTAL BANK BALANCES
$ 291.18 689.21
11,661.44 16,988,70
1,198.87 1,064.84
$31,894.24
196
MIDDLE GEORGIA COLLEGE COCHRAN, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND Campus Off Campus Total Land
Investment Year Beginning Acquired Of Year
Investment; End
Additions Deductions Of Year
1887 1917
$ 8,000.00 $ 5,200.00 3,500.00 1,700.00
$ 11,500.00 $ 6,900.00
$ 13,200.00 5,200.00
$ 18,400.00
B. BUILDINGS Walker Building Sanford Library New Hall Dormitory Browning Dormitory Peacock Dormitory Wiggs Dormitory Ebenezer Dormitory Jackson Dormitory President's House Gymnasium Faculty Apartments Science Building Veterans Housing Stadium Field House Misc. Campus Bldgs.
1928 1938 1939 1936 1944 1922 1890 1928 1928 1928 1948 1948 1947 1948 1928
$147,500.00 4<ith> 12,500.00 48,000.00 38,000.00 60,000.00 40,500.00 37,500.00 10,000.00 3,500.00 4,500.00 2,000.00 7,500.00 36,000.00 35,000.00 55,000.00 . 1,250.00 11,350.00 1,450.00
$160,000.00 48,000.00 38,000.00 60,000.00 40,500.00 37,500.00 10,000.00 3,500.00 6,500.00 7,500.00 36,000.00 35,000.00 55,000.00 1,250.00 12,800.00
Total Buildings
$463,350.00 $ 88,200.00
$551,550.00
C. IMPROVEMENTS Heating System Water System Lighting System
$ 9,200.00 7,500.00 $ 2,000.00 6,750.00
$ 9,200.00 9,500.00 6,750.00
Total Improvements
$ 23,450.00 $ 2,000.00
$ 25,450.00
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Dormitories Dining Hall
$ 10,640.00 54,711.00 21,075.00 48,442.50 42,700.00 22,592.00
$ 1,262.00 11,551.00 1,850.00 7,940.74 3,054.00 2,655.00
$ 11,902.00 66,262.00 22,925.00 56,383.24 45,754.00 25,247.00
Total Equipment
$200,160.50 $ 28,312.74
$228,473.24
TOTAL INVESTMENT IN PLANT
$698,460.50 $125,412.74
$823,873.24
197 -
SOUTH GEORGIA COLLEGE
DOUGLAS, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I . CURRENT FUNDS A . GENERAL Cash on Hand and in Bank Accounts Receivable
$
9 2 7 .0 0
2,173.23
TOTAL GENERAL FUNDS
S 1,246.23
B . RESTRICTED Cash in Bank
TOTAL RESTRICTED FUNDS
$27,483.07 $ 27,483.07
C . AUXILIARY Cash on Hand and in Bank Accounts Receivable
$20,132.45 3,270.78
TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS
$ 23,403.23 $ 52,132.53
I I . AGENCY FUNDS Cash on Hand and in Bank
TOTAL AGENCY FUNDS
$ 2,416.55 $ 2,416.55
I I I . PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$104,141.98 251,000.00
88,695.16
$443,837.14
$498,386.22
- 2t00 -
SOUTH GEORGIA COLLEGE
DOUGLAS, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Unearned Income General Surplus
$ 1,192.00 54.23
TOTAL GENERAL FUNDS
$ 1,246.23
B. RESTRICTED Fund Balances
$27,483.07
TOTAL RESTRICTED
$27,483.07
C. AUXILIARY Accounts Payable Purchase Orders Outstanding Plant Rehabilitation Unearned Income Surplus
$ 1,468.50 253,72
9,990.83 2,963.50 8,726.68
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
$23,403.23
$ 52,132.53
II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS
$ 2,416.55
2,416.55
III. PHYSICAL PLANT Invested in Plant
TOTAL LIABILITIES & SURPLUS
443,837.14 $498,386.22
-201 -
SOUTH GEORGIA COLLEGE
DOUGLAS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
General Income
Restricted Income
Total Income
STUDENT FEES Matriculation Non-Resident Tuition Summer School Other Fees Total Student Fees
$ 20,324.91 42,197.90 8,245.97 1,486.81
$ 72,255.59
s 20,324.91 42,197.90 8,245.97 1,486.81
$ 72,255.59
PUBLIC APPROPRIATIONS State of W-E- GeorgOi-a Regular Operations Less Return of Surplus Heating Plant Total Governmental
('46-47)
$ 59,000.00 9,526.19
S 49,473.81
$18,500.00 $18,500.00
OTHER INCOME
$121,729.40 $18,500.00
$ 59,000.00 9,526.19
18,500.00 $ 67,973.81
$140,229.40
NON-INCOME Transfer from Restricted
TOTAL RECEIPTS
$ 1,224.43 $122,953.83 $18,500.00
$ 1,224.43 $141,453.83
202
SOUTH GEORGIA COLLEGE DOUGLAS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
General Restricted
Salaries & Wages
Object Classification Operating Equipment and
Trave 1 Supplies Other Capital Expense & Expense Additions
ADMINISTRATIVE AND GENERAL President's Office Comptroller's Office General Expense Registrar's Office Dean's Office Total Adm. & General
$ 9,592.38 4,923.46 4,255.11 2,532.78 4.012.40
$ 25,316 13
$ 8,891.66 $373,62 $ 235.16 $
4,350.00 44.80
278.35
50,00
4,205.11
2,279 20 26,20
211,84
3.883.34 72.35
42,91
$ 19,454.20 $516,97 $ 4,973.37 $
91.94 250.31
15.54 13.80 371,59
PHYSICAL PLANT Plant Operation Rehabilitation Heating Plant Water Main Total Physical Plant
$ 18,427.65
$ 12,077.80 $ 22,00 $ 5,481.45 $ 846,40
$15,604.16 7,264.96
5 476.79 2,862.41
40,621.27
40,621,27
117.60
117.60
$ 18,427.65$56,343.03 $ 19,342,76 $ 22,00 $10,958,24 $44,447.68
LIBRARY
$ 4,868,47
$ 2,595.55
$ 493.19 $ 1,779.73
INSTRUCTION Biology Chemistry Commerce Education English Fine Arts Foreign Language Home Economics Mathematics Physical Education Physics Social Science Summer School Total Instructions
TOTAL EDUCATIONAL & GEN. EXPEND. NON-EXPENSE
Transfer to General Funds
TOTAL DISBURSEMENTS
$ 8,703.70
$ 6,733.16
$ 519,35 $ 1,451.19
8,430.08
6,573,58
1,145,72
710 78
9,331 .c80
8,583.16
255.58
493.06
3,716.58
3,716,58
10,650.99
10,583.20
67,79
5,490.85
2,510,86 $ 26.85
306.87 2,646.27
6,129.33
6,033,16
96,17
3,170.20
2,479.66 34,36
105.40
550.78
6,416.58
6,416c 58
6,31595
6,116,58
199,37
4,029c 46
3,716,58
312.88
9,449.82
9,449,82
8.391.38
8.391.38
$ 90,226,72
$ 81,304.30 $ 61.21 $ 2.496.88 $ 6.364=33
$138,838 97156,343 03 $122,696.81 $600,18 $18,921,68 $52,963 33
1,224.43 $138,838 97$57,567,46
SOUTH GEORGIA COLLEGE DOUGLAS, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Dormitory Plans Rehabilitation of
Plant Water Main Heating Plant
TOTAL RESTRICTED FUNDS
Balance Receipts Expenditures
Beginning
for
for
Of Year
Year
Year
$ 3,600.00 $ 3,600.00
Trans fer
Balance End
Of Year
$17,829.21 1,342.03
47,379.29 18,500.00
15,604.16 117.60
40,621.27
$1,224.43
$ 2,225.05 25,258.02
$66,550.53$22,100.00 $59,943.03 $1,224.43 $27,483.07
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
CURRENT FUNDS General Restricted Auxiliary Total Current Funds
Balance Beginning
Of Year
Receipts for Year
Expenditures for Year
Balance End
Of Year
$ 14,958.14 66,550.53 17,961 17
$ 99,469.84
$122,953.83 22,100.00 117,801.77
$262,855.60
$138,838.97 61,167.46 115,630.49
$315,636.92
$ 927.0 0 27,483.07 20,132.45 $46,688.52
AGENCY FUNDS Student Activity Airport Unremitted Premiums Total Agency Funds
TOTAL
$ 2,663.09 $ 12,922.26 $ 14,443.24 223.31 11,119.40 10,241.54 173.27
$ 2,886.40 $ 24,214.93 $ 24,684.78
$102,356.24 $287,070.53 $340,321.70
$ 1,142.11 1,101.17 173.27
$ 2,416.55
$49,105.07
BANK BALANCES
Coffee County Bank Farmers Bank Comptroller's Office
$27,780.51 20,701.11 623.45
$49,105.07
- 205
SOUTH GEORGIA COLLEGE DOUGLAS, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND Campus Off Campus Total Land
Investment
Year
Beginning
Acquired Of Year
Additions
Investment
Deduct-
End
ions
Of Year
1907
$ 16,000.00 37 ,500.00
$ 53,500.00
$ 16,000,00 37.500.00
$ 53.500.00
B. BUILDINGS Peterson Hall Auditorium Davis Hall Fraser Hall Powell Hall Proctor Hall Tanner Hall Dining Hall Shop Gymnas ium Misc. Buildings Library Building Science Building Total Buildings
1907 1936 1907 1929 1907 1929 1929 1927 1933 1936
1939 1946
$ 32,000.00 13,500.00 35,000.00 12,000.00 35,000.00 12,000,00 8,000.00 20,000.00 1,500 00 18,000.00 11,000.00 35:000.00 18,000,00
$251,000.00
$ 32,000.00 13,500.00 35,000.00 12,000.00 35,000.00 12,000.00 8,000.00 20,000.00 1,500.00 18,000.00 11,000.00 35,000,00 18,000,00
$251,000.00
C. IMPROVEMENTS OTHER Streets & Sidewalks Lighting System Heating System Marble Memorial Fountain Swimming Pool Total Improvements
$ 2,000.00 1,600.00 2,620.71 $40,621.27 1,000.00 2,800 00
$ 10,020.71 $40,621.27
$ 2,000.00 1,600.00
43,241198 1,000.00 2,800.00
$ 50,641.98
D. EQUIPMENT Administrative Offices Plant Operations Library Instructional Depts. Dormitories Dining Hall Gymnasium Farm Co-op .Tnta 1 Eauit>ment
TOTAL INVESTMENT IN PLANT
$ 3,182,00 $ 371.59
7,436 98 1,206.27
16,529.70 1,779.73
27,593.29 8,866.87
11,108.66
876.89
4,929.32 1,416.09
805,00
477.00
134.80 1,980.97
$ 72,196,75 $16,498.41
$386,717 o46 $57,119.68
$ 3,553.59 8,643.25
18,309.43 36,460.16 11,985.55
6,345.41 805,00 477.00
2,11577 $ 88,695.16
$443,837.14
- 206 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE ABAC, GEORGIA
BALANCE SHEET June 30l 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Imprest Cash Accounts Receivable
TOTAL GENERAL FUNDS
$ 1,496.76 500-00
10,718.15
$ 12,714.91
B. RESTRICTED Cash in Bank Due from General
$35,216.03 4,600,00
TOTAL RESTRICTED FUNDS
39,816.03
C. AUXILIARY Cash in Bank Accounts Receivable Investments (Temp.)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
$10,564.24
1,941.17 10, 000.00
22,505.41 $ 75,036. 35
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
$ 1,387. 40
1,387. 40
III. PHYSICAL PLANT Land & Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 46,261,,12' 424,360,,28 181,338,.94
651,960,,34
$728,384,,09
- 208 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE ABAC, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders O/S Reserve for Chem. Lab. Due to Restricted Unearned Income General Surplus
TOTAL GENERAL
B. RESTRICTED Fund Balance
TOTAL RESTRICTED
C. AUXILIARY Accounts Payable Purchase Orders O/S Unearned Income Reserve for Contracts Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$ 502.08 380.62
5,528.18 4,600.00 1,395.69
308.34
12,714.91
$39,816.03
39,816.03
; 111.42 591.28
2,954.75 14,794.49
4,053.47
22,505.41
75,036.35
$ 1,387.40
1,387.40
$651,960.34 651,960.34
$728,384.09
209
ABRAHAM BALDWIN AGRICULTURAL COLLEGE ABAC, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
______________
STUDENT FEES Non-Resident Tuition Matriculation Summer School Other Student Fees Total Student Fees
General Restricted Total
Income
Income Income
$ 31,854 10 26,892.36 10,563 15 444 00
$ 69,753.61
$ 31,854.10 26,892.36 10,563.15 444.00
$ 69,753.61
PUBLIC APPROPRIATIONS State of Georgia Regular Less Return of Surplus ('46-47) Sewage Disposal Heating Plant Vocational Funds Total Governmental
$ 70,200.00
$ 70,200.00
, 2 7 5 0 . - 2 6
, 2 7 5 0 . 2 6
$ 1, 200.00
1, 200.00
15,000.00 15,000.00
17,000.90______________ 17,000.90
$ 84,450 64 $16,200.00 $100,650.64
GIFTS AND GRANTS Ruth F. Wright Scholarship Fund Total Gifts and Grants
$ 250 00 $ $ 250.00 $
250 00 250 00
SALES AND SERVICES Farm Poultry Processing Plant Total Sales and Services
$ 3,302, 75 3,728. 76
13,844 74 $ 20,876 25
$ 3,302=75 3,728.76
13,844=74 $ 20,876,25
OTHER SOURCES Heating Plant - Sale of Excess Equipment
Rents from Property
$
Misce1laneous
Total from other Sources
S
$ 471 50 1.050 88 1,522, 38 $
128, 15 $ 128, 15 $
128 15 471 50 1,,050. 88 ls650 53
TOTAL EDUCATIONAL AND GENERAL INCOME
$176,602 88 $16,578 15 $193 ;181,.03
Non-Income Receipts Transfer from General
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
$ 7,508 ,72 $ 7,,508 72 $176,602 88 $24,086, 87 $200,,689 75
- 210 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE INCOME For Year Ended June 30, 1948
INCOME
Bookstores Spence Field Abac Total Dormitories
Dining Halls Spence Field Abac Total Dining Halls
Dormitories Spence Field Abac Lewis Hall Herring Hall Weltner Hall Vet Housing Total Dormitories
Restricted Board of Regents Total Restricted
TOTAL AUXILIARY INCOME
$ 1,820.72 19,444.79
$30,379.05 66,372.35
$ 5,109.75 6,109.18 6,109.13 6,109.13 1,376.39
$16,000.00
$ 21,265.51 96,751.40
24,813.58 16,000.00 $158,830.49
211
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification
Salaries and
General Restricted Wages
Object Classification
Operating Equipment and Travel Supplies Other Capital Expense & Expense Additions
ADM. & GENERAL
Dean
$ 3,255.00
Business Off. 6,137.50
General
2,498.57
President
6,506.00
Registrar
1,700.00
Total $ 20,097.07
$ 3,255.00 6,137.50 399.78 6.506.00 1.700.00
$ 17,998.28
$1,035.06 $1,035.06
$ 1,063.73 $ 1,063.73
STUDENT WELFARE
Dean of Men $ Dean of Women Health Service
Total I
2,709,09 2,183,30 2,656.11 7,548.50
$ 2,709.09 2,183.30 2,342.22
$ 7,234.61
$ 313.89 $ 313.89
PHYSICAL PLANTS28,825.37
$ 11,371.82
$15,166.22 $ 2,287.33
LIBRARY
$ 6,508.70
$ 5,403.85
$ 1,104.85
INSTRUCTION Agriculture
Teaching $ 20,341.57
Short Courses 2,948 39
Arts
11,695 53
Home Economics 7,628.62
Phys. Educ. 3,578.46
Sc ience
14,802,06
Summer School 7,698.15
Total $ 68,692.78
$ 20,021.53 1.868.13 11,540.32 6,543.20 2,324.43 12,168.42 6.872.13
$ 61,338.16
$ 128.65 788.56 129.09 163.19 12.15
$1,221.64
$ 191.39 291.70 26.12 687.23
1,241.88 2,633.64
826.02 $ 5,897.98
$ 235.00 $ 235.00
VOCATIONAL EDUCATION $ 17,000.90
$ 12,360.00
$ 4,640.90
ORGANIZED ACTIVITIES
Farm
$ 6,229,84
Poultry
6,615,06
Proc. Plant 14,403,77
Total $ 27,248.67
$ 2,814,86 1,725k84 2,767.84
$ 7,308.54
$ 3,414.98
4,889.22
*
11,635.93
$19,940.13
PLANT ADDITIONS
Rehab. Buildings
$19,745,55
Sewage Disposal
12,690 91
Heating Plant
23,570.21
Veterans' Housing
247.66
Total
$56,254.33
.
TOTAL EXPEND.
$175,921,99 $56,254.33 $123,015.26 $2,256.70
NON-EXPENSE Due to Restricted $ 7,508.72
TOTAL DISBURSEMENTS ,,183,430.71
- 212 -
$19,745.55 12,690.91 23,570.21 247.66 $56,254.33
$48,127.70 $58,776.66
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES .
Total
Salaries Purchases
and
for
Wage s
Resale
Operating Equipment and Supplies Other Capital & Expense Additions
Bookstores
Abac Spence Field
$ 18,266.49 $ 1,196.81 $16,820.00 $ 249.68
1,784.03
261.00 1,523.03
Total Book-
stores Dining Halls
$ 20,050.52 $ 1,457.81 $18,343.03 $ 249.68
Abac
$ 64,475.54 $11,034.22
Spence Field
29,780.78 6,864.55
Total Dining
$53,079.16 22,916.23
Halls Dormitories
S 94,256.32 $17,898.77
$75,995.39
Lewis Hall Herring Hall Weltner Hall Spence Field Vet Housing
Total
$ 6,414.23 $ 952.56 5,580.11 1,191.09 4,591.17 1,208.81 2,474.37 1,024.52 1,276.25
$ 5,150.19 4,046.57 2,932.12 1,449.85 1,276.25
Dormitories $ 20,336.13 $ 4,376.98 Restricted
$14,854.98
Dining Hall
Renovation
$ 6,263.13
$ 362.16
$ 362.16 $ 311.48
342.45 450.24
$1,104.17
$6,263.13
TOTAL AUXILIARY EXPENDITURES
$140,906 o10 $23,733.56 $18,343,03 $91,100.05 $7,729.46
213
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Kitchen Renovation Renovation of Buildings Sewage Disposal Heating Plant Vet Housing Ruth F. Wright Scholarsh ip
TOTAL RESTRICTED FUNDS
Balance Beginning
Of Year
$23,100,00 11,490 *91 34,786,08 278.35 100,00
Income For Year $16,000,00
1,200,00 15,128 15
250,00
$69,755,34 $32,578.15
Expenditures For Year
$ 6,263 13 19,745.55 12,690,91 23,570.21 247.66
Balance End
Of Year
$ 9,736.87 3,354.45
26,344.02 30.69
350.00
$62,517.46 $39,816.03
Fund
Student Activities F.P.H.A. TOTAL AGENCY FUNDS
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Balance Beginning
Of Year
Receipts For Year
Balance
Disbursements! End
For Year
Of Year
$ 3 6 8 o0 3 254 48
$ 5,326 43 5,976 75
$4,659.75 5,142 48
$ 298.65 1,088.75
4 ii3-55 $11,303 18 $9,802.23
$1,387.40
- 214 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Fund CURRENT FUNDS
General Restricted Auxiliary
Total Current Funds
AGENCY FUNDS Student Activity F.P.H.A. Total Agency Funds
TOTALS
Cash Balance Receipts Disbursements Cash Balance
July 1, 1947 For Year
For Year June 30, 1948
$ 8,824.59 57,646.62 2,376.72
$68,847.93
$176,602.88 40,086.87 142,830.49
$359,520.24
$183,430.71 62,517.46 134,642.97
$380,591.14
$ 1,996.76 35,216.03 10,564.24 $47,777.03
$ 3 6 8 .0 3 $ 254.48 $ 113-55
$68,734.38
$ 5,326.43 $ 4,659.75 5,976.75 5,142.48
$ 11,303.18 $ 9,802.23
$370,823.42 $390,393.37
$ 298.65 1,088.75
$ 1,387.40
$49,164.43
Depository For All Accounts The Farmers Bank of Tifton
Tifton, Georgia
215 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Campus and Farm
BUILDINGS Sc ience Library Tift Hall (Adm.) Auditorium Gymnasium Dining Hall Weltner Hall Herring Hall Lewis Hall Home Economics President's Home Shop No. 1 Shop No. 2 Agriculture Old Rec Hall Processing Plant Storage Log Cabin Poultry and Barn Tenant No. 1 Tenant No. 2 Total Buildings
Investment Year Beginning Acquired Of Year Additions Deductions
Investment End
Of Year
1907 $ 10,000,00
$ 10,000.00
1947 1938 1907 1938 1938 1936 1907 1907 1941 1915 1935 1943 1940 1947 1942 1940 1937 1941 1940 1943
(Fire Loss)
$22,500,00 $22,500. 00
10,000.00
10,000.00
50,000.00 7,684.69
57,684.69
65,000.00 2,221.04
67,221,04
13,000.00 6,263.13
19,263.13
50,000.00
50,000 00
40,000.00
40,000.00
40,000.00
40,000.00
15,000.00
15,000.00
5,300,00 6,124.21
11,424.21
6,000,00
6,000.00
3,000,00
3,000,00
30,000,00 2,126.65
32,126,65
22,500,00
22,500 00
40,000.00
40,000,00
500,00
500,00
3,000,00 1,325,56
4,32556
4,715.00
4,715.00
300,00
300.00
300,00
300,00
$376,115.00 $70,745,28 $22,500,00$424,360 28
OTHER IMPROVEMENTS Heating System
Sewage Disposal System Total Improvements
$23,570.21 12,690.91
$36,261.12
$ 23,570.21 12,690.91
$ 36,261,12
EQUIPMENT
Tift Hall
Administrative
$ 3,097.00
$ 3,097.00
Classrooms
1,947.50
1,947.50
Science Labs
7,180.50
$ 2,121,.85 5,058 65
Log Cabin
$ 1,585.00
1,585.00
Library
25,897,15 263.40
26,160,55
Auditorium-Gymnasium
6,807,50 2,075.50
8,883 00
Dining Hall
12,652,98 362.16
13,015,14
Weltner Hall
4,006,55 503,95
4,510,50
Herring Hall
2,946,05
46 30 2,899,75
Total Equipment Carried Forward$64,535,23 S 4,790,01 $ 2,168,15$ 67,157.09
216 -
ABRAHAM BALDWIN AGRICULTURAL COLLEGE
ABAC, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment Year Beginning Acquired Of Year Additions Deductions
Investment End
Of Year
EQUIPMENT BROUGHT FORWARD $ 64,535.23 $ 4,790.01 $ 2,168.15 $ 67,157.09
Lewis Hall
Furnishings
2,446.00
396.00
2,842.00
Home Management Apartment 1,127,04 1,675.79
2,802.83
Home Economics Bu ilding Shop Building No. 1
2,983.38 16,974.95
6,402.50
812.91 2,170.47 23,377.45
Shop Building No. 2 Ag Building
22,652.98 4,859.75
16,199.94 1,624.75
6,453.04 3,235.00
Old Rec Hall Processing Plant Storage Building
14,467.04 450.00
4,475.00 4,250.00
5,275.34
4,475.00 9,191.70 4,700.00
Poultry Houses and Barn Automotive, Farm and Campus Spence Field
1,080.00 30,883.90 17,795.76
194.75 4,979.95
1,274.75 35,863.85 17,795.76
Total Equipment
$180,256,03 $ 27,164.00 $26,081.09 $181,338.94
TOTAL INVESTMENT IN PLANT
$566,371.03 $134,170.40 $48,581.09 $651,960.34
217 -
GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks
TOTAL GENERAL FUNDS
$ 9,167.42
9,167.42
B. RESTRICTED Cash in Banks Due from T.V.A.
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
68,214.44 3,863.04
72,077.48 $ 81,244.90
II. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$237,005,00 286,,879.05 299,371.42
823,255.47
$904,500.37
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding General Surplus
$ 898.10 8,263.19
TOTAL GENERAL FUNDS
$ 9,167.42
B. RESTRICTED Fund Balances
$72,077.48
TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS
72,077.48 $ 81,244,90
II. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS
$823,255.47 823,255.47
$904,500.37
- 220
GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus (46-47) Food Processing Building Seed Revolving Fund United States Hatch Act Adams Purnell Bankhead-Jones Research & Marketing Regional Research Total Public Appropriations
General Income
Restricted Income
Total Income
$118,500.00 (- )69.99 3,750.20 $
$118,500.00 (-)69.99 3,750.20
5,000.00 5,000.00
15,000.00 15,000.00 15,000.00 15,000.00 60,000.00 60,000.00 94,499.88 94,499.88 60,477.64 60,477.64 14,800.00 14,800.00 $122,180.21 $264,777.52 $386,957.73
GIFTS AND GRANTS Solvay Process Company A. E. Staley Company Refrigeration Research Foundation Georgia Power Company International Mineral & Chemical Co. Swift & Company Dow Chemical Company Tennessee Valley Authority Total Gifts and Grants
$ 1,200.00 $ 1,200.00
3,500.00 3,500.00
2,250.00 2,250.00
2,000.00 2,000.00
2,400.00 2,400.00
6,000.00 6,000.00
800.00
800.00
19,544.37 19,544.37
$ 37,694.37 $ 37,694.37
SALES AND SERVICES Bulletins Dairy Products Livestock Meat Feed Farm Produce Food Processing Horticulture Eatonton Timber Sales Seed Revolving Fund Used Equipment Misce1laneous Total Sales and Services
OTHER SOURCES Rents from Property Misce1laneous Total from other sources
$
72.30
$
72.30
10,397.60
10,397.60
12,516.46
12,516.46
1,115.26
1,115.26
88.45
88.45
32,305.51
32 r305.51
1,030.26
`1,030.26
3,196.11
3,196.11
$ 48,760.00 48,760.00
7,590.75
7,590.75
5,149.22
5,149.22
1,765.70
1,765.70
$ 67,636.87 $ 56,350.75 $123,987.62
$ 9,645.88 1,143.90
$ 10,78978
$ 9,645.88 1,143.90
$ 10,789.78
TOTAL EDUCATIONAL AND GENERAL INCOME
$200,606.86 $358,822.64 $559,429.50
- 221 -
GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
ADMINISTRATIVE AND GENERAL Comptroller's Office Director's Office General Total Adm. & General
PHYSICAL PLANT
LIBRARY
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
Fund Classification
_ _________Object Classification __ r-------- -
---------------- 1 " Salaries
Operating Equipment and
and
Travel
Supplies Other Capital
General Restricted Wages
Expenses & Expense Additions
$ 2,730.90 $ 1,950.00 $ 4,680.00 $
0.90
5,242.00 4,791.67 9,370.00
663.67
11.401.42 3.352.56 1,638.12____________ $ 12,768.86 $____347,00
$ 19,374.32 $ 10,094.23 $ 15,688.12 $ 664.57 $ 12,768.86 $ 347,00
$ 28,922.48___________ $ 7,746.05____________ $ 21,176.43
$ 2,068.06 $ 3,142.29 $ 2,348.28 $
8.81 $ 990.18 $ 1,863.08
222
ORGANIZED RESEARCH Agricultural Economics
Agronomy Animal Industry Botany Chemistry Eatonton Project Area Entomology Food Processing Georgia Mountain Station Crop Improvement Home Economics Horticulture Seed Revolving Fund
Total Organized Research
$ 5,126. 22 $ 31,552. 30 $ 26,365, 17 $ 3,904. 76 $
538.00 $ 5,870.59
27,941, 67 52,655. 55 52,523. 70 2,542. 52 11,258.91 14,272.09
27,823. 08 60,456 10 46,702, 35 1,950, 90 35,294.79
4,331,14
11,868. 13 24,838. 18 30,682. 31 1=033, 36
3,579.41
1,411 23
5,525= 40 13,861. 77 15,034. 62
128. 70
3,003.65
1,220.20
39,595. 04 10,494,.40
34. 65 17,838 43 11,227,56
993 <33
3,273. 76
3,618 10
31. 57
168.82
448.60
4,737..98 23,164..54 20,452. 12
441 42 4,258.84 2,750.14
20,130 42 25,531,.65 28,713 .57
834 75 6,640 ;21 9,473.54
4,146 n
1,711 ,18
358 57
87,84 1,988,.58
7,098.i 86 11,517 08 12 y095.,84
861 11
2,495.36
3,163.63
20,095..11 26,804 .90 32,905,.05
535 91
7,522.26
5,936,79
3,954 35
3,954,35
$135,486 37 $317,205 22 $281,298 ,41 $12,658 .22 $ 96,640.87 $ 62,094,09
PLANT ADDITIONS Mountain Station Dairy Horticulture Building Food Processing Building Rehabilitation Land & Buildings Mountain St. Murray Residence Total Plant Additions
TOTAL EDUCATIONAL AND GENERAL
$ 4,571.00 24.033.04 22.368.04 20,683.14 5,490,54 S 4,50946 1,628.05___________ .
$ 78,773.81 $ 4,509.46
1 4,571.00
24.033.04
22.368.04 20 683.14 10,000.00
1.628,05 $ 83,283.27
$264,625,04 $334,951.20 $307,080,86 $13,331.60 $131,576,34 $147,587,44
GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Balance Beginning
of Year
Income for Year
Expenses for Year
Balance End of Year
Escrow Fund (Timber)
$ 1,000.00
$ 1,000.00
Freeport Sulphur
96,00
;
96,00
International Min. & Chem. Co.
83.27 I; 2,400.00 2,483.27
Refrigeration Research Foundation 246,,93 2,250.00 2,496.93
Georgia Power Company
383.30 2,000.00 2,383.30
Dow Chemical Company American Potash Company American Plant Food Council
76.00 1,500.00 2,000.00
800.00
476.00 1,769.58
400.00 1,500.00
230.42
Swift & Company
6,000,00 2,385.15 3,614.85
A. E. Staley Company
3,500,00 2,300.00 1,200.00
Seed Revolving Fund
496.05 12,590.75 3,954,35 9,132.45
Tennessee Valley Authority
(- )2,412.21 19,544.37 20,995.20( -)3,863.04
Hatch Fund
15,000.00 15,000.00
Adams Fund
15,000.00 15,000.00
Purnell Fund
60,000.00 60,000.00
Bankhead-Jones Fund
94,499.88 94,499.88
Research & Marketing Fund
60,477.64 57,711.58 2,766.06
Regional Research
14,800,00 9,295.46 5,504,54
Timber,Sales (Eatonton)
41,002.26 48;760 00 43,033.10 46,729.16
AAA (Eatonton)
1,071.40
1,071.40
Solvay Process Company
(-01,200.00 1,200,00
TOTALS
$44,343.00 $358,822.64 $334,951.20 $68,214,44
223
GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND Georgia Experiment Sta. 123 acres 335.56 acres 240 acres 251.6 acres 9 acres 64.4 acres 90 acres Ga . Mountain Sta. 200 acres 177 acres TOTAL LAND
Investment
Investment
Year Beginning
Deduct- End of
Acquired Of Year Additions ions_____Year
1889) 1937 ) 1941) 1942) 1943) 1945) 1907)
230,180.00
1932)
1948)
6,825.00
$230,180.00$6,825 ;00
230,180.00
6,825.00 $237,005.00
B. BUILDINGS Flynt Auditorium Soil Laboratory Nutrition Lab. Old Hort. Bldg. New Hort. Bldg. Dairy Bldg. Cow Testing Bldg. Cattle Sleeping Barn Cattle Sleeping Barn Swine Barn Potato Storage House Slaughter House Utility Barn Agronomy Greenhouse Chem. & Hort. Greenhouse Botany Greenhouse Mud Bldg. General Storage Barn Mule Barn Fert. & Seed Barn Mach. Shed & Tool Shop Drying House Sanford Barn New Gin House Food Processing Lab. Murray House Residences & Tenants Weighing Office & Shed Barn Implement Shed
1929
1940 1948 1940
$ 60,000.00 1,900.00 3,000.00 8,000.00 3,000.00
25,966.96 24,033.04 8,000.00
oo o oo
t--H
1941
1946 19481948
500.00 5,000.00 2,000.00
700.00 400.00 2,000.00 1,500.00 2,000.00 3,200.00 1,800.00 1,300.00 2,000,00 3,000.00 3,500.00 1,000.00 1,500.00 6,000.00 6,000.00 2,631.96 22,368.04
1,828.05 62,000.00
600 00 1,000.00
600 00
ON o ooo o o
1,900.00 3,000.00 8,000.00 3,000.00 50,000.00 8,000.00 1,000.00
500,00 5,000.00 2,000.00
700.00 400.00 2,000.00 1,500.00 2,000.00 5,000.00 1,300.00 2,000.00 3,000.00 3,500.00 1,000.00 1,500.00 6,000.00 6,000.00 25,000.00 1,828.05 62,000.00 600.00 1,000.00 600.00
- 224 -
GEORGIA EXPERIMENT STATION
EXPERIMENT. GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
Investment
Inves tment
Year Beginning
Deduct End Of
Acquired Of Year Additions ions
Year
BUILDINGS (Cont'd) Sheep Shed Cattle Feeding Sheds Mule Feeding Shed Pump House Ga. Mountain Experiment Sta. Utility Office Community Cannery Shop & Fert. House Livestock Barn 2 Residences Cow Barn Forest Tool House Storage Cellar Exhibit Sheds Pottery Dairy Building 3 Residences Shop Garage Livestock Barn Calf Barn
1948 1948 1948 1948 1948 1948
800. 00 1,600 00
400 00 200. 00
740, 00 1,000, 00
725. 00 2 00 ;00 625, 00 3,000. 00
25 00 20. 00 200, 00 130. 00 140, 00
5,571.00 1,600.00
25.00 50.00 100.00 400.00
800.00 1,600.00
400.00 200.00
740.00 1,000,00
725.00 200.00 625 00 3,000.00
25.00 20.00 200.00 130.00 140,00 5,571.00 1,600.00 25.00 50.00 100.00 400.00
$229,103 92$57,775.13
$286,879.05
C. EQUIPMENT Administrative Agric. Economics Agronomy Animal Industry Botany Chemistry Eatonton Entomology Food Processing Ga. Mt. Station Home Economics Horticulture Library
$ 4,164, 71$ 291.75
4,206 28 4,342.40
33,132. 68 9,496.44
67,026,.80 22,760.11
17,205. 11 1,313.75
29,584 15 2,056.38
34,042,,50 592.00
1,686 65
77.87
7,999 25 1,918.00
6,575 40 4,643.25
10,176 02 3 389 62
12,235 ,,20 5,233 35
13,815 25 1,406.50
$241,850 ,00$57,521, 42
$ 4,456.46 8,548.68
42,629.12 89,786,91 18,518 86 31,640,53 34,634.50
1,764.52 9,917.25 11,218 65 13,565.64 17,468.55 15,221 75
$299,371.42
TOTAL INVESTMENT IN PLANT
$701,133 92 $122,121.55
$823,255.47
- 225
GEORGIA COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
IX. PHYSICAL PLANT Land & Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 12,37X56
$ 12,371,,56
$ 5, 20 X ,76
5,201,,76 $ 17,573,,32
$181, 675. 40 306, 703 00 147, 142,,85
$635,521.25 $653 s094,57
LIABILITIES AND SURPLUS
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Reserve for Repairs General Surplus
$ 665.92 1 s377 95 3,405.26 6,922 43
TOTAL GENERAL FUNDS
$ 12,371.56
B. RESTRICTED Fund Balance
$5 ,201.76
TOTAL RESTRICTED FUNDS
5,201.76
TOTAL CURRENT FUNDS
$ 17,573.32
II. PHYSICAL PLANT Invested in Plant
$635,521.25
TOTAL PHYSICAL PLANT
635,521.25
TOTAL LIABILITIES AND SURPLUS
$653,094.57
228
GEORGIA COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus Total Governmental
(46-47)
General Income
$179,288.00 (-)806.42
$178,481. 58
Restricted Income
Total Income
$179,288.00 (->806.42
$178,481.58
GIFTS AND GRANTS FROM PRIVATE SOURCES U. S. Golf Association
$4,503.92
SALES AND SERVICES - RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Farm Forage & Pastures Horticulture Nematology Range Grazing Shade Tobacco Tobacco Tobacco Pathology Total Sales & Services
$ 932.62 2,665.05
40,422.34 102.98 273.85
17,330.80 6,368.79 350.88 4,274,85 120.00 6,963.82
16,511.27 5,958.01 1,334.90
$103,610.16
$ 932.62 2,665.05
40,422.34 102.98 273.85
17,330.80 6,368.79 350.88 4,274.85 120.00 6,963.82
16,511.27 5,958.01 1,334.90
$103,610.16
OTHER SOURCES Fire Insurance Recovery Rents from property Miscellaneous Total from other sources
$ 270.00 1,935.75 913.70
$ 3,119.45
$ 270.00 1,935.75 913.70
$ 3,119.45
TOTAL EDUCATIONAL AND GENERAL INCOME $285,211.19 $4,503.92 $289,715.11
- 229 -
GEORGIA COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
ADMINISTRATIVE AND GENERAL Director's Office General Total Adm. and General
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
Fund Classi fication
Object Classification
Salaries
Operating Equipment and
and
Trave 1
Supplies Other Capital
General Restricted
Wa ges Expense & Expense
Additions
$ 6,618,80 13.049,86
$ 19,668.66
$ 6,000. 00 $ 618, 80
5,170. 59
$ 6,453. 41
$ 11,170, 59 $ 618. 80 $ 6,453. 41
$ 1.425, 86 $ 1,425. 86
PHYSICAL PLANT
$ 45,21.3,56
$ 9,798. 30
$ 32,698, 62 $ 2,716 64
LIBRARY
$ 3,127.48
$ 2,152. 61
$ 761, 53 $ 213. 34
ORGANIZED RESEARCH
Agricultural Economics
$ 3,450,00
Agricultural Engineering
6,332,20
Agronomy
20,588.74
Animal Husbandry
60.065 366
Animal Pathology
11,216 24
Apiculture & Plant Pathology 5 1 5 5 1 7
Dairy
15,857 35
Entomology
2 ,,932 92
Farm
10,429.28
Forage Crops & Pastures
8 ,,947,91
Grass Breeding
3,970 23
Horticulture
30,254-36
Nematology
1,134 47
Range Grazing
8,559 63
Seed Certification
3,842 27
Shade Tobacco
31,269.66
Soils
4,980.74
Tobacco
4,572.11
Tobacco Pathology
2,753.98
Total Organized Research $236,312.92
$ 3,450. 00
4,764. 17 $ 181, 18
15,450,,67 218. 98
$1,317, 11 20,923 49 770. 79
1,392 85 6 633 45 686 29
3 246 83 155 35
5 970 90 174 68
2,766, 64
6,240 24
7. 45
7 363 86
19 45
1,522 64 3.878, 93 133 87
22,925 48 717. 04
1,134 47
4,173 =67
44 .75
3 152 55 528 ,23
19,929,,32
4,375,,06
52 15
3,904,.28
2.496 ,50
$4,232,,60 $142,780 51 $3 ,690 .21
$ 1,079, 13 2,937.,32
33,836. 58 3,468. 80 533..50 6 467 28 4 30 4, 180 07 361 97 1,030 29 6,318 52
3 9 4 6 .05 85 97
10.355 95 255 22 662 ,88 257 .48
$ 75,751 ,31
TOTAL EDUCATIONAL AND GENERAL $304322.62 $4,232 60 $165,902 ,01 $4.1309 01 $115,664 87
$ 307, 72 1,981, 77 5,851, 91 1,820 55 1,219. 49 3 244, 49 161 .98 1 52 1,202 63 449.,78 293. 32
395 16 75 52
984, 39 328 ,31
4 95
$18 323 49
$22,679 ,33
GEORGIA COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Balance Income Beginning for"
Of Year Year
Emory University Fund
$2,454.20
Angus Cattle Fund
1,317.11
U. S. Golf Association Fund 1,159.13 $4,503.92
Expenditures for Year
$1,392.85 1,317.11 1,522.64
Balance End
Of Year $1,061.35
4,140.41
TOTALS
$4,930,44 $4,503.92 $4,232.60 $5,201.76
231 -
GEORGIA COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
STATEMENT OF INVESTMENT IN PLANT rear Ended June 30,, 1948
Year Acquired
Investment Beginning
Of Year
Investment Deduct- End Additions ions Of Year
206, 22 A Original Tract 62. 97 A Tift #1 Tract 61 ;60 A Tift ff2 Tract
109. 50 A Henry Tift Tract 56, 77 A Mitchell Tract
214, 70 A Choate Tract 165., 00 A College Tract 552 ,,90 A Carson Tract
2. 25 A Tifton Realty Tr 1. 00 A Fulwood Tract 67 00 A Cook Co. Tract 28, 13 A Grimes Tract 4, 62 A Saunders Tract 425, 08 A Decatur Co. Tr. 1480 40 A Alapaha Tract 47, 00 A Alapaha Tract 53 ,50 A Alapaha Tract 1223 30 A Alapaha Tract 514 ,00 A Carpenter Tract 5275 92 A Total Land
1919 1925 1932 1935 1935 1936 1937 1937 1937 1937 1938 1940 1940 1939 1941 1941 1941 1941 1941
B. BUILDINGS Extension Bldg. Research Bldg.
1922 1937
71 bldgs tenant houses
barns, etc., on main
Exp. Sta. tracts 3 Tenant houses, Grimes Trr.
2 bldgs. Choate Tract
8 bldgs. Carpenter Tract
3 bldgs. Cook Co. Tract
15 bldgs. Decatur Co. Trac:tt
9 bldgs, Berrien Co. Trac:tt
Miscl. hotbeds, shade
houses, insectaries
Total Buildings
D. EQUIPMENT
*
Adm. & General
Physical Plant
Library
Research
Total Equipment
$ 20,622 00 6 297,00 6,160.00
10,950,00 5,677,00
10,735,00 16,500,00 36,395.00
225,00 300.00 2,675.00 5,626.00 1,600,00 10,626.50 14,804 00 1 175.00 567 75 12 844,65 17,895,50 $181,675,40
$ 46,500.00 60,000.00
145,150 o00 7,100.00 2,100.00 8,300 00 3,000.00 19,750 00 8,800 00
3,003 00 $303,703.00
$ 4,596.35 843.50
4,251.90 127,652,49 $137,344,24
TOTAL INVESTMENT IN PLANT
$622 722 64
3,000.00
$3,000,00
$2,486 83 1,319,00 660 21 5,332.57
$9,798.61 $12,798.61
$ 20,622.00 6,297.00 6,160.00
10,950.00 5,677.00
10,735.00 16,500.00 36,395.00
225.00 300.00 2,675.00 5,626.00 1,600.00 10,626.50 14,804.00 1,175,00 567.75 12,844.65 17,895.50 $181,675,40
$ 46,500,00 60,000.00
145,150.00 7,100.00 2,100.00 8,300.00 3,000,00
22,750.00 8,800.00
3,003.00 $306,703.00
$ 7,083.18 2,162.50 4,912.11
132,985.06 $147,142,85
$635,521.25
232
COMMENTS
SCOPE -This report is based upon actual cash receipts and disbursements, except
for the balance sheet where all known assets and liabilities are included.
County funds expended are not included in the Schedules where they were actually disbursed by the counties.
GENERAL -The following is a summary of the income for the year with percentages
of each to the total:
Source
State of Georgia State Department of Education Clarke County Federal Funds Gifts and Grants Other
Totals
Amount
$ 441,000.00 409.60
4,295.00 1,062,511.89
46,931.93 65.16
$1,555,213.58
Percent
28.36 .02 .28
68.32 3.02 -0-
100.00
The following is a summary of expenditures by objects and the percentages of each item to the total expenditures:
, Object
Salaries and Wages Trave1 Operating Supplies & Expense Equipment and Other Capital
Additions
Totals
Amount
$1,246,472.55 241,18310 64,272,72
7,389.81
$1,559,318,18
Percent
79.94 15.47
4.12
.47
100.00 --4
Various counties of the State expended $433,737,69 which was disbursed by the counties in cooperation with the Agricultural Extension Service. Of the amount disbursed by the counties, $49,744 59 was used as offset against Federal
funds.
- 234 -
The following is a statement by projects of all expenditures disbursed by the Agricultural Extension Service and the various counties:
Project
1. Administration 2. Publications 3. County Agent Work (White) 4. Home Demonstration Work
(White) 4a. Home Improvement 4b. Nutrition 4c. Textiles & Clothing 4d. Utilization 4e. Child Development 4f. Home Industries 4i. Program Analysis 5. Negro County Agents 5a. Negro Home Demonstration
Agents 6. Four-H Club Work 7. Economics & Marketing 8a. Beef Cattle & Sheep 8b. Dairying 8c. Poultry 8e. Swine 9. Agronomy 10. Horticulture 11. Agricultural Engineering 12. Forestry 14. Soil Conservation 17. Recreation 18. Wild Life Conservation 19. Bee Culture
Totals
Total
Federal Funds
Offset Funds
Funds Not Used As Offset
$ 23,834.33 $ 23,388.34
-0- $ 445.99
54,835.62
38,645.09 $ 15,431.89
758.64
928,916.14 522,418.28 160,560.68 245,937.18
486,100.51 5,482.27 8,763.78 5,300.08 10,321.14 5,399.33 5,027.97 2,899.92 88,892.55
152,363.45 3,210.67 5,753.47 3,103.90 6,459.74 3,257.05 3,121.41 2,899.92 77,467.83
190,621.01 2,271.60 3,010.31 2,196.18 3,861.40 2,142.28 1,906.56 -011,264.87
143,116.05 -0-0-0-0-0-0-0159.85
53,469.62 42,604.99 40,681.23
2,107.56 19,707.39 12,324.50
6,657.20 32,075.42 17,216.82 19,531.99 11,799.11
8,194.60 5,086.19 2,804.29 2,088.78
$1,902,123.33
46,714.03 28,085.47 28,069.24
1,375.00 14,259.27
8,097.42 3,900.00 17,959.57 11,924.13 11,513.29 4,001.68 1,519.92 3,644.43 2,290.97 1,990.08
$1,027,433.65
6,755.59 14,113.74 12,606.99
732.56 5,087.60 4,227.08 2,757.20 9,112.92 5,292.69 7,997.35 7,797.43
-01,441.76
513.32 -0-
(1) $471,703.01
-0405.78
5.00 -0360.52 -0-05,002.93 -021.35 -06,674.68 -0-0-
98.70 (2)
$402,986.67
(1) Of this amount $ 49,744.59 was disbursed by the various counties. (2) Of this amount $353,993.20 was disbursed by the various counties.
The above does not include funds received from T.V.A. and others that are auxiliary to the main program.
- 235 -
The following statement shows the operations of funds to be offset and how they were offset:
Federal Funds
Total
To be Offset
NonOffset
Disbursed by Agri. Extension Service
Smith-Lever & Bankhead Jones
s 659,355.43 $146,817.49 $512,537.94
Bankhead-FIanhegan
303,790.57 303,790.57
-0-
Capper-Ketcham
37,854.95 17,854.95 20,000.00
Additional Cooperative
26,432.70
-0-
26,432.70
Total Disbursed by
Agricultural Extension Serv,.$1,027,433.65 $468,463.01 $558,970.64
Disbursed by Federal Government Norris-Doxey Clarke-McNary Total Disbursed by Federal Government
$ 1,620.00 $ 1,620.00
-0-
1,620.00 1,620.00
-0-
$ 3,240.00 $ 3,240.00
-0-
Total Federal Funds
$1, 030,673.65 $471,703.01 $558,970.64
State and County Funds
Used as
Disbursed by Agri. Extension Service
Total
Of fse t
Non-Offset
State Funds
$ 439,202.52 $421,758.42 $ 17,444.10
Disbursed by counties County Funds
$ 433,737.69 $ 49,744.59 $383,993.10
Total State & County Funds $ 872,940.21 $471,503.01 $401,437.20
GENERAL --
Buildings and grounds are carried as assets of the University of Georgia. Therefore, no statement of Investment of Plant is included in this report, The Balance Sheet shows the value of the equipment on hand.
- 236 -
AGRICULTURAL EXTENSION SERVICE
ATHENS, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank
B. RESTRICTED Cash in Bank
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Banks
III. PHYSICAL PLANT Equipment
TOTAL ASSETS
$ 6,214.56 49,409.00
$ 55,623.56 10,332.59 60,663.20
$126,619.35
LIABILITIES
I. CURRENT FUNDS A. GENERAL Surplus
B. RESTRICTED Fund Balances
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
III. PHYSICAL PLANT Invested in Plant
TOTAL LIABILITIES AND SURPLUS
$ 6,214.56 49,409.00
$ 55,623.56 10,332.59 60,663.20
$126,619.35
- 237 -
AGRICULTURAL EXTEN SIO N SE R V IC E ATHENS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30 , 1948
Source
General Income
Restricted Income
Total Income
PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
$17,593.32 $ 423,406.68 $ 441,000.00
Less return of sur plus (46-47 ) Department of Education
409.60
83, 530.22
-0 -
83, 530.22
409.60
Uni ted States
Smith-Lever
-0 -
Capper-Ketcham
-0 -
Bankhead-Jones
-0 -
Bankhead-FIannegan
-0 -
Additional Cooperative
-0 -
Emergency Farm Labor
-0 -
Research & Marketing
-0 -
156,817.49 37,854.95
502,301.81 310,918.22
26,432.70 26,211.72
1,975.00
156,817.49 37,854.95
502,301.81 310,918.22
26,432.70 26,211.72
1,975.00
Clarke County For Non-Off-set
Total Public Appropriations
4,295.00
-0-
4,295.00
$22,297.92 $1,402,388.35 $1,424,686.27
GIFTS AND GRANTS
T.V.A.
$
-o-
Southern Pulpwood Cooperative Associati on -0-
American Turpentine Farmers
Association Corp.
-0-
Total Gifts and Grants
$
-o-
$ 46,337.46 $ 46,337.46
213.47
213.47
381.00
381.00
$ 46,931.93 $ 46,931.93
OTHER SOURCES Misce1laneous
$ 65.16 $
-0 -
$
65.16
TOTAL EDUCATIONAL AND GENERAL
$22,363.08 $1,449,320.28 $1,471,,683.36
- 238 -
239
EXTENSION Federal Smith-Lever Bankhead-Jones Capper-Ketcham Additional Cooperative State Offset State Non-Offset Other Non-Offset Emergency Farm Labor T.V.A. 1946-47 Research & Marketing Movie Conservation T.V.A. Industries
TOTAL EDUCATIONAL & GEN.
AGRICULTURAL EXTENSION SERVICE
ATHENS, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
Fund Classification____
General
Restricted
__________Object Classification__________________
Operating Equipment and
Salaries &
Trave1
Supplies Other Capital
Wages
Expense & Expense Additions
$ -0- $ -0 -0-0 -0 -
17,417.60
1,549.47 -0 -0 -0~0 ~ -0 -
659,355,43
303,790.57 37,854,.95 26,432,70
423,406.68 -0 -0-
42,378.00 40,193.48
1,448.26 1,643.84 3,847.20
$ 572,618,19 $ 29,496.11 $50,510.55
253,410.09 37,854.95 26,432.70
50,377.48 -0 -0 -
3.00 -0 -0 -
272,285.37 142,374,82 8,438.69
10,975.81 3,911,15 2,476.14
130 00
801.04
580,48
35,030,82 6,727.16
620,02
33,717.97 1,016.65
-0 -
6,475.51 172,63 0-
-0 -0 -
1,643.84
3,000,00
847.20
-0-
$6,730.58 -0 -0 -0 307.80
54,50
37.95 -0 -0 -
258,98 -0-0 -
$18,967.07 $1 ,540,351,11 $1,246,472,55 $241,183.10 $64,272.72 $7,389.81
AGRICULTURAL EXTEN SIO N SE R V IC E ATHENS, GEORGIA
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Federa 1 Smith-Lever Emerge ncy Farm Labor Movie Conservation Capper Ke tcham Bankhe ad-Flannegan T.V.A. -1946-47 Additi onal Cooperative T.V.A. Industries Resear ch Marketing T.V.A. Fore stry State for Matching
Tota 1 Restricted
Balance Beginning
Of Year
$ 9,161.50 $ 16,166.28 1,759,28 -038,158.60 <5,18 0 0 8 3 -0294.22 -0-0-0-
vIncome For Year
Balance
Expenditures
End
For Year Transfers f Year
659,119,30 $ 26,211.72
1,194.29 37,854.95 310,918.22 42,071.01 26,432.70
3,666.63 1,975.00
-0423,406.68
659,355.43 42,378.00 1,643.84 37,854.95 303,790.57 40,193.48 26,432.70 3,847.20 1,448.26 -0423,406.68
$39.00 -0-0-0-0-0-0-0-0-0-0-
$ 8,964.37 -0-
1,309.73 -0-
45,286.25
33-30 -0-
374-79 526.74 -0-0-
$56,87061 $1,532,850.50 $1,540,351.11 $39.00 $49,409.00
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
___________ F und_____________ Withholding Tax State Retirement Federal Retirement Group Insurance Progressive Life Insurance Co.
TOTAL AGENCY FUNDS
Balance
Disburse- Balance
Beginning Receipts ments For End
Of Year___ For Year_____Year_____Of Year
$ 7,177,16 $ 79,797.71 $ 82,196.76 $ 4,778.11
3,516.84 46,067.19 46,100.28 3,483.75
1,456.70 20,171.24 19,784.41 1,843.53
25.20
302.40
302.40
25.20
213.00 2,508.00 2,519.00 202.00
$12,388.90 $148,846.54 $150,902.85 $10,332.59
- 240 -
AGRICULTURAL EXTEN SIO N SE R V IC E ATHENS, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Fund CURRENT
General Restricted
TOTAL
Cash Balance July 1, 1947
Receipts Disbursements Cash Balance
For Year
For Year June 30. 1948
$ 2,818,55 $ 22,363.08 $ 18,967.07 $ 6,214.56 140,400.83- 1,449,320,28 1,540,312.11 49,409.00
$143,219.38 $1,471,683,36 $1,559,279.18 $55,623.56
AGENCY FUNDE TOTALS
$ 12,388 90 $ 148,846.54 $ 150,902.85 $10,332,59 $155,608,28 $1,620,529.90 $1,710,182 03 $65,956.15
BANK BALANCES C & S National Bank, Athens, Georgia $65,956 15
241
ALBANY STATE COLLEGE ALBANY, GEORGIA
ALBANY STATE COLLEGE ALBANY, GEORGIA BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Due from Board of Regents
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventories)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Land & Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$ 6,853.85 16,820.24 1,650.03
25,324.12
$13,529.13 7,920.33 5,158.07
26,607.53 $51,931.65
$ 6,498.18
6,498.18
$ 22,400.00 435,430.00 189,198.86
$647,028.86
$705,458.69
- 244 -
ALBANY STATE COLLEGE ALBANY. GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Due to Board of Regents General Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Purchase Orders Outstanding Work-In-Progress Reserve for Stores Unearned Income Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES
$ 230,00 3,066,39
11,931.40 1,650.03 8,446.30
$ 25,324.12
$ 435.50 1,847.72 6,626.66 5.158.07 4,937.50 7.602.08
$ 26,607.53
$ 51,931.65
$ 6,498.18
6,498.18
$647,028.86
$647,028.86 $705,458.69
- 245 -
ALBANY STATE COLLEGE ALBANY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus Total Governmental
(46-47)
OTHER SOURCES Property Rentals Total Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
$ 13,136.71 19,562.99 1,005.20 17,804.90 1,447.00
$ 52,956.80
$117,849.97 -12,651.57
$105,198.40
$ 570.00 $ 570.00
$158,725.20
246 -
ALBANY STATE COLLEGE
ALBANY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended Ju n e 30, 1948
ADMINISTRATIVE AND GENERAL Administrative Dean Business Office General President's Office Registrar's Office Total Admin. & Gen.
General
Salaries & Wages
Trave 1 Expense
Object Classification
Operating Equipment and
Supplies Other Capital
& Expense
Additions
1 1,784,55 $ 1,578,75 $
5,777.04 5,134.50
5,410,44
423.34
9,258.60 8,565.78
3,492 93 3,075.82
$25,723,56 $18,778.19 $
150.55 $ 55,25
18,25
140.79
258,40 4,352.17
359.94
198.91
44,07
318.44
831.21 $ 5,065.56
$ 483.50 376,53 133,97 54.60
$1,048.60
STUDENT WELFARE Dean of Men Dean of Women Health Service Total Student Welfare
$ 300,00 $ 300.00
363.49
300.00 $
944.84
718.50
$ 1,608,33 $ 1,318.50 $
63.49 21.40 $ 84.89 $
204.94 204.94
247
PHYSICAL PLANT Operations Rehabilitation
Total Physical Plant
$26,166.78 $10,628.12 11.547.80
$37,714.58 $10,628.12
$13,037.59 7.069.00
$20,106.59
$2,501.07 4,478.80
$6,979.87
LIBRARY
INSTRUCTION Agriculture Art Commerce Education English Health Home Economics
$13,475.51 $ 5,127.06 $ 14,76 $ 2,150,40 $6,183,29
$ 3,540.62 $ 2,790.00 $ 3,711,25 3,433.32 5,906.74 4,950.00
17,819.57 16,216.33 7,836.18 7,748.88 2,075.00 2,075.00 7,407.51 6,566.65
17.00 $ 10.25 33.80 299.03
5.65
381.27 218.18 295.25 901.49
81.65
392.75
$ 352,35 49.50
627.69 402.72
448.11
ALBANY STATE COLLEGE
ALBANY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
INSTRUCTION (Continued) Modern Languages Music Mathema tics Physical Education Science Social Science Summer School General Total Instruction
General
Salaries & Wages
Object Classification Operating Equipment and
Travel Supplies Other Capital Exp ense & Expense Additions
$ 3,293.75 $ 3,016.66
$ 277.09
5,536.63 5,127.25 $ 96,85 312.53
5,603-88 5,566.66
37.22
6,818.37 9,217.55
5,841.93 8,973.62
15.40
813.04 243.93
10,591.97
9,955.98
180.66 255.58*
17,136.16 15,743.00
333.89 1,009.69
2,425.09 $108,920.27 $ 98,005 28 $ 992,53$ 5,219,67
$ 148.00
199.75 49,58
2,425.09 $ 4,702,79
TOTAL EDUCATIONAL AND GENERAL EXP. $187,442.25 $133,857,15 $1, 923,,39$32;747.16
$18,914 55
248
ALBANY STATE' COLLEGE
ALBANY, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
INCOME
Bookstore Do rmitor ies
Davis Hall Gibson Hall Peace Hall Boys Project
Total Dormitories Dining Hall Federal Works Agency
TOTAL AUXILIARY INCOME
>2,935.20 3,864.04 4,344.87 1,994.09
$ 8,117.20
13,138.20 65,543.87
5,000.00 $91,799.27
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Books tore Dormitories
Davis Hall Gibson Hall Peace Hall Boy's Projects
Total Dormitories Dining Hall
Total
Purchases Operating Equipment and Salaries For Supplies Other Capital & Wages Resale & Expense Additions
$ 9,947.97 $ 159.55 $9,708.32 $ 80.10
3,114.04 1,155.00 3,488.60 1,365.00 3,496.50 1,565.00 1,526.88 318.88 $ 11,626,02 $ 4,403.88 $ 66,716.80 $ 9,420.76
1,503.04 2,039.00 1,528.50
983.00 $ 6.053.54 $56,514.01
$ 456.00 84.60
403.00 225.00 $ 1,168.60 $ 782.03
TOTAL OPERATING EXPENDITURES $ 88,290.79 $13,984.19 $9,708.32 $62,647.65 $ 1,950.63
Dormitory Plans Veteran Housing Projects Kitchen Renovation
$ 2,500.00 5,098,31 8,986,08
$ 2,500.00 $ 927.06 4,171.25
8,986.08
TOTAL EXPENDITURES
$104,875.18 $13,984.19 $9,708.32 $63,574.71 $17,607.96
- 249 -
ALBANY STATE COLLEGE
ALBANY, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Balance Receipts Disbursements
Cash
July 1, 1947 For Year
For Year
Balance
CURRENT FUNDS
General
$35,570.90
Auxiliary
26,605.04
Total Current Funds$62Tl75.94
$158,725.20 $187,442.25 $ 6,853.85 91,799.27 104,875.18 13,529.13
$250,524.47 $292,317.43 $20,382798
AGENCY FUNDS
$ 3,324.43 $ 35,321.59 $ 32,147.84 $ 6,498.18
TOTAL
$65,500.37 $285,846.06 $324,465.27 $26,881.16
Fund
Student Activities Bus Account Athletics Campus Clubs Federal Housing Withholding Tax Retirement Fund
TOTAL AGENCY FUNDS
ALBANY STATE COLLEGE
ALBANY, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Balance Beginning
Of Year
$1,087.85
2. 6i
6. ii 362.26 1,883.04
Receipts For Year
7,747.45 700.16
7,057.72 11.10
7,513.32 7,733.85 4,557.99
Disbursements For Year
9,320.36 952.23
5,989.40 160.49
3,430.22 7,737.15 4,557.99
Balance End
Of Year
$ 485.06
254.68
1,062.21 212.87
5,966.14 3'3
$3,324.43 $35,321.59 $32,147.84 $6,498.18
251
ALBANY STATE GEORGIA
ALBANY, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
A. LAND Total Land
B. BUILDINGS Veteran Housing Units (5 Buildings) Hazard Training School Caroline Hall and Science Building Dining Hall Gibson Hall Peace Hall Margaret Hazard Library J. S. Davis Hall Boy's Dormitory Cottages (4 Buildings) Farm House N.Y.A. Shop Bath House President's Home President's Garage Laundry Maintenance Shop Barn Classroom Building Total Buildings
C. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories Dining Hall Total Equipment
TOTAL INVESTMENT IN PLANT
Investment End
Of Year
$ 22,400.'00 $ 22,400. 00
$ 50,000. 00 40,000. 00 90,000. 00 70,000. 00 30,000. 00 45,000. 00 21,000. 00 34,000. 00 8,000. 00 3,000. 00 1,200. 00 1,200. 00 750. 00 12,000. 00 315,,00 315.,00 900,.00 750,.00 27,000 .00
$435,430 .00
$ 14,915 .14 5,890 .26
80,695 .76 58,278 .94 18,985 .56 10,433 .20 $189,198 .86
$647,0281.86
- 252 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
BALANCE SHEET June 30 1948
ASSETS
CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
TOTAL RESTRICTED FUNDS
C. AUXILIARY Cash in Bank Accounts Receivable Inventories
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Cash in Bank Investments U. S. Securities Other Bonds Preferred and Common Stock
TOTAL ENDOWMENT FUNDS
IV. PHYSICAL PLANT Land and Improvement Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS
$21,764.17 5,480.72
$ 27,244.89
$14,640.21
14,640.21
$15,736.43 733.90
6,287.01
22S151*U $
64,642.44
$ 4,178-06
4,178.06
$ 3,260.61
17,500.00 4 1051O5
17,478.16
42,289.82
$ 22, 102.00 726,022.00 167,156.86
915,280 86
$1,026,39148
- 254 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS
A. GENERAL
Accounts Payable
$ 7,898,10
Reserve Purchase Orders Out
standing
891,79
Unearned Income
16,241,50
General Surplus
2,213.50
TOTAL GENERAL FUNDS
$ 27,244,89
B. RESTRICTED Fund Balance
$14,640.21
TOTAL RESTRICTED FUND
14,640.21
C. AUXILIARY Accounts Payable Work in Progress Reserve for Inventories Surplus
$ 3,910,84 4,134.80 6,28701 8,424.69
TOTAL AUXILIARY FUNDS
22,757.34
TOTAL CURRENT FUNDS
$ 64,642.44
II. AGENCY FUNDS Fund Balance
$ 4,178.06
TOTAL AGENCY FUNDS
4,178.06
III. ENDOWMENT FUNDS Fund Bal ance s
$ 42,289.82
TOTAL ENDOWMENT FUNDS
42,289.82
IV. PHYSICAL PLANT Invested in Plant
915,280.86
TOTAL PHYSICAL PLANT
915,280.86
TOTAL LIABILITIES AND SURPLUS
$1,026,391.18
255 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
Source STUDENT FEES
Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees
Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Division of Gen- Extension Vocational Funds United States Morrill Nelson Act Total Governmental
GIFTS AND GRANTS FROM PRIVATE SOURCES U. S, Office of Ed, for Adult Ed, Carnegie Corp, for Aids in Grants Julius Rosenwald Carnegie Corp, Sears Roebuck & Co. Total Gifts and Grants
OTHER SOURCES Rents from Property
Total from Other s ources
TOTAL EDUCATIONAL AND GENERAL INCOME
Non Income Receipts Transfer from General
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
Genera 1 Income
Restricted Income
Tota 1 Income
GO
$ 23,443, 97 27,555, 47 4,848, 00 31,244, 95 4,183, 84
$ 91,276. 23
$ 23
97
27 ,555,.47
CO CO
4
00
31 244, 95
4 183. 84
. $ 91 ,276, 23
$169 047,, 16 1 600 00
35 ;,126 14 35 ,216 98 $240 :990 28
$169,,047. 16 li,600 00
35, 126,,14 35 216 98 $240 :990, 28
$ 1 5 5 0 00
$ 1,550 ,00
$4,000. 00 4,000 00
300 .00'
300 ,00
883 93
883 ,93
528, 00
528,,00
$ 1,550 00 $5,711.,93 $ 7,261 93
$ 2,084 73 $ 2,084 73
$ 2,084 73 $ 2,084, 73
$335 901 24 $5,711, 93 $341,613 17
$1,500, 00 $ 1,500, 00 $335,901 24 $7,211.,93 $343,113 17
256
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS
For Year Ended June 30, 1948
INCOME
Bookstore Dormitor ies
Huntington Hall Jeanes Hall Ohio Hall
Total Dormitories Dining Hall Farm Laundry
TOTAL REGULAR AUXILIARY INCOME
$4,483 63 2,530.91 7,026.99
Restricted Dormitory Fund TOTAL RESTRICTED AUXILIARY INCOME
$1,226,00
TOTAL REGULAR AND RESTRICTED AUXILIARY INCOME
Non-Income Transfer from Agency Funds
TOTAL AUXILIARY RECEIPTS
$ 19,915.41
14,041.53 97,616.48 10,017.04
5,315.02 $146,905.48
$. 1,226.00 $148,131.48
$ 10,123.65 $158,255.13
- 257 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
Fund Classification
Ob iect Classification
Operating Equipment and
Salaries Trave 1 Supplies Other Capital
General Restricted
& Wages Expense & Expense Additions
ADMINISTRATIVE AND GENERAL Administrative Dean Business Office General Administration President's Office Registrar's Office Total Adm. & Gen.
$ 6,914,94 11,319,71 18,844.97 8,132,18 8.572,29
$53,784,09
$ 6,550,00 10,446.49 2,084.00 7,296,21 7.842.91
$34,219.61
$ 264,94 708,54
$2,896.04 13,864,93 122.90 512.63
$2,896,04$15,473.94
$ 164 68
713,07 216,75 $ 1,094.50
STUDENT WELFARE Dean of Men Dean of Women Infirmary Total Student Welfare
$ 2,780.60 1,750.41 4 324 36
$ 8 855,37
$ 2,480,00 1,312,50 3:343 30
$ 7,135.80
$ 65,25 $ 67.45
981.06 $ 1,113.76 $
235 35 370.46
605 81
258
PLANT OPERATIONS Administration Salaries and Wages Operations Utilities Equipment & Capital Outlay Total Plant Operations
LIBRARY
$ 2,950.00 31,427,98 13 021.87 10,901,63 2,712.68 $14 919 20
$61,014,16 $14,919. 20
$10,32809
$ 2.950,00 31,427.98
$34,377.98 $ 3 228 14
$13,021,87 10,901.63
$23,923.50
$17.631.88 $17,631.88
$ 7,099.95
INSTRUCTION Agriculture Art Business Education Education
$25,793.48 $ 3,412.46
10,472.48 12,698.43
52 8 00
$19,758 74 2.966.66 8.966.66
10,956,70
$ 4,061.24 445 80 791.34 478.86
$ 2,501.50
714.48 1,262.87
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1948
Fund Classification
Obj ect Classification
Operating Equipment and
Salaries Trave1 Supplies Other Capital
General Restricted & Wages Expense & Expense
Additions
INSTRUCTION (Cont'd) English Health Education Home Economics Industrial Arts Modern Languages Music Nursery School Sciences Social Sciences U.S. Office of Ed.Adult Education Summer School Total Instruction
$ 13,635.50 $ 7,820.94
20,827.20 6,436.59 2,336.77
14,153.10 844.04
18,823.55 7,970.04
883.93
1,750.00 15,046.20 $162,020,78 $ 1,411.93
$ 12,716.66 6,219.95
17,766.34 5,277.50 2,325.00
12,374.32
14,245.52 7,616.66
1,750.00 12.278.91$ $135,219.62$
$ 1,427.66 792.39 366.36 673.88 11.77 962.39 409.00
2,811.01 228.38
103.51 2,663.78 103.51$16,123.86
$ 375.11 808.60
2,694.50 485.21
816.39 435.04 1,767.02 125.00
$11,985.72
EXTENSION Vocational Education Division of Extension Total Extension
$ 31,771.94 1,004.74
$ 32,776.68
$ 23,327.45$ 7,644.68$ 1,004.74
$ 24,332.19$ 7,644.68$
799.81 799.81
OTHER Carnegie Corporation
Total
$ 1,589.63 $ 1,589.63
$ 1,589.63 $ 1,589.63
TOTAL EDUCATIONAL & GENERAL EXPENDITURES
$328,779.17 $17,920.76 $238,613.34$10,644.23$66,124.45
$31,317.91
Non-Expense Transfer to Restricted
$ 1,500.00
TOTAL EDUCATIONAL & GEN. DIS. $330,279.17
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
Bookstore Dormitories
Huntington Hall Jeanes Hall Ohio Hall
Total Dormitories Dining Hall Farm Laundry Rehabilitation of Plant
Total
Salaries Purchases
and
For
Wages Resale
Operating Supplies & Expense
$ 16,929.78 $ 90.00 $16,839.78
Equipment and Other Capital
Additions
3,642.13 2,275.00
1,560.87
520.50
5,202.89 2,370.50
$ 10,405.89 $ 5,166.00
92.387.82 18,268.33
15.295.83 5.320.00
5,394.93 4.882.00
5,988.85
$ 1,367.13 1,040.37 2,832,39
$ 5,239.89 74,119,49 9,975.83 512.93 $
5,988.85
260
TOTAL REGULAR AUXILIARY EXPENDITURES
$146,403.10 $33/726 33 $16,839.78 $89,848.14 $ 5,988 85
Restricted Davison Hall (Under construction. Due contractors.) Veterans Housing
$124,242.16 1,905.31
$124,242.16 1,905.31
TOTAL REGULAR AND RESTRICTED AUXILIARY EXPENDITURES
$272,550.57 $33,726.33 $16,839.78 $89,848.14 $132,136.32
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1948
Fund
Balance Beginning
Of Year
Receipts for
Year
Expenditures for Year
Balance End
Of Year
Carnegie Foundation, Aids-In-Grants
Dormitory Fund Julius Rosenwald Fund Special Production (GEB) Reserve for Rehabilitation of
Plant Sears-Roebuck Scholarship Veterans Housing
$6,383.93 $131,222.08 1,226,00
300.00 1,243.12
$ 2,473.56 $ 3,910.37 124,242.16 8,205.92 300.00 1,243.12
15,900.00 1,905.31
528.00
14,919.20 528.00
1,905.31
980.80
TOTAL RESTRICTED FUNDS
$150,270.51 $8,437.93 $144,068.23 $14,640.21
- 261 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF TRUST FOND BALANCES For Year Ended June 30, 1948
Balance of principal and cash in bank, beginning of year
ADDITIONS 1, Gifts and Grants from private sources 2. Income on investments Total Additions
DEDUCTIONS 1 Payment of Pensions Total Deductions
Balance of Principal, end of year
Endowment Funds
$40,844.82
500,00 1.755.00 $ 2.255.00
$ 810,00 $ 810.00 $42,289,82
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1948
Fund ENDOWMENT FUNDS
General Fund William Hubbard Fund
TOTAL ENDOWMENT FUNDS
Fund Balance
Fund Balance
Beginning
End
Of Year Additions Deductions Of Year
$40,844,82 $1,755 00 500,00
$40,844 82 $2 s255 00
$810,00 $810,00
$41,789,82 500.00
$42,28982
STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1948
o o CQ
ENDOWMENT FUNDS Bonds, Governmental Bonds, Commercial Stocks, Common Total Endowment Funds
TOTAL TRUST FUND INVESTMENTS
: Va lue Market Val'
$1:7, 500 ,00 4 051 ,05
17, 478 .16 $39 029 .21
$17,,500 .00 3,,317, 50
32, 337 50 $53 s155, 00
$39, 029 21 $53,,155.,00
Fund CURRENT FUNDS
General Restricted Auxiliary
Total
AGENCY FUNDS
TRUST FUNDS Endowment
TOTALS
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Cash Balance Receipts Disbursements
July 1, 1947 For Year
For Year
Cash Balance
$ 16,142o10 $335,901.24 150,270.51 8,437,93 5,110.40 157,029.13
$171,523.01 $501,368.30
$330,279.17 144,068.23 146,403.10
$620,750.-50
$ 9,746,34 $ 34,848,47 $ 40,416.75
$21,764.17 14,640.21 15,736.43
$52,140.81
$ 4,178.06
$ 2,315.61 $ 1,755.00 $ 810,00 $183,584.96 $537,971,77 $661,977,25
$ 3,260.61' $59,579.48
BANK BALANCES
Bank of Fort Valley Fulton National Bank
$54,630.52 4,948.96
$59,579.48
- 263
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Alumni Association Athletics Carnegie Foundation Classes for In-Service Teachers Faculty Gift Fund Fraternities Fire Damage - Trades Building Fire Damage ~ The Inn Julius Rosenwald Fund - Special Room Deposits Sears-Roebuck Scholarship Student Activities Student Deposits
Balance
Beginning Receipts Disbursements
Of Year For Year
For Year
Balance , End Of Year
$ 573,,66 $ 219.43
1,400,89 13,724.32
1,568,90
220V00
1,925.30 9,902.00
114,50
40,55
525,56
1,917.78
187.00
300.00
2,112.00
800.00
1,583.31 4,669.80
248,95 2 i560.86
$ 56.00 14,200.63 1,788.90 11,827.30 112,33 516.69 1,917.78 187.00 300,00 2,024.50 800.00 4,423.37 2,262,25
$ 737.09 924.58
2.17 49. 42
87.50 1,829.74
547.56
OJ 4* oo O4O^ -44^
TOTAL AGENCY FUNDS
$9,746.34
$40,416.75 $4,178.06
264
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Campus 97 acres Farm 50 acres Farm 219.65 acres Total Land
Investment
Investment
Year Beginning
Deduct- End
Acquired Of Year Additions ions Of Year
1895 1940 1943
$ 9,765.00 3,075.00 9,262.00
$22,102.00
$ 9,765.00 3,075.00 9,262.00
$ 22,102.00
BUILDINGS Library & Office Bldg. Anna Jeanes Hall Huntington Hall Robert Patton Hall Laundry Home Management House Samuel H. Bishop Diningh Hall Academic Building Peabody Trade Building Agriculture Classroom Bldg. Farm Buildings Mule & Feed Barn Dairy Barn Potato House No. 1 Potato House No. 2 One Laying House One Brooder House Cannery Farm Dwelling No. 1 Farm Dwelling No. 2 Farm Dwelling No. 3 Farm Dwelling No. 4 Farm Dwelling No. 5 Farm Barn No. 1 Farm Barn No. 2 Farm Dwelling No. 6 Davison Hall Brooklyn Cottage Infirmary Athletic Field House Beauty Parlor President's House Richardson Cottage Harris Cottage The Inn Coop No. 1 Coop No. 2
1925 1903 1908 1937 1916 1941 1932 1929 1926 1947
1948 1920 1934 1940 1915 1900 1920 1924 1924 1941 1941
$27,500.00 6,000.00
16,650.00 49,050.00
2,900.00 3,000.00
50,000.00 120,600.00
32,000.00 30,000.00
7,000.00 3,000.00
540.00 400.00 300.00 200.00 100.00 360.00 250.00 340.00 486.00 450.00 270.00 450.00 270.00 217,000.00 800.00 18,000.00 500.00 250.00 15,700.00 1,850.00 3,600.00 2,700.00 2,700.00 2,700.00
$ 27,500.00 6,000.00
16,650.00 49,050.00
2,900.00 3,000.00
50,000.00 120,600.00
32,000.00 30,000.00
7,000.00 3,ooo:00
540.00 400.00 300.00 200.00 100.00 360.00 250.00 340.00 486.00 450.00 270.00 450.00 270.00 217,000.00 800.00 18,000.00 500.00 250.00 15,700.00 1,850.00 3,600.00 2,700.00 2,700.00 2,700.00
- 265 -
THE FORT VALLEY STATE COLLEGE
FORT VALLEY, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
B. BUILDINGS (Cont'd) Garage No. 1 Garage No. 2 Stevens Cottage Ohio Hall Usher Cottage Total Buildings
Year Acquired
Investment
Investment
Beginning
Deduct- End
Of Year Additions ions Of Year
1940 1940 1938 1930 1934
$ 1,810.00 825.00
1,105,00 100,000.00
4,366.00 $726,022.00
$ 1,810.00 825.00
1,105.00' 100,000.00
4,366.00 $726,022.00"
C. EQUIPMENT Administrative Offices Physical Plant Library Dormitories Dining Halls Farm Total Equipment
TOTAL INVESTMENT IN PLANT
$ 11,083.03 $ 483.35
75,403.15 9,364.86
18,562 94 4,333.06
15,556.37
9,480.63 1,591,65
20.796,11
471.71
$150,882.23 $16,274.63
$899,006.23 $16,274.63
o o
o
CO
$ 11,566.38 84,768.01 22,896.00 15,586.37 11,072.28 21,267.82
$167,156.86
$915,280.86
- 266 -
GEORGIA STATE COLLEGE SAVANNAH, GEORGIA
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
BALANCE SHEET June 30, 1948
ASSETS
I. CURRENT FUNDS A. GENERAL Cash in Bank Petty Cash Accounts Receivable Due from Board of Regents Due from other Funds
$ 8,262.05 200.00
49,575.78 14,420.61
336.18
TOTAL GENERAL FUNDS
$ 56,270.52
B. AUXILIARY Cash in Bank Due from other Funds
$4,741.96 1,638.44
TOTAL AUXILIARY FUNDS
6,380.40
TOTAL CURRENT FUNDS
$ 62,650.92
II. AGENCY FUNDS Cash in Bank Returned Checks Due from other Funds
$ 10,197.68 79.00
4,244.55
TOTAL AGENCY FUNDS
$ 14,521.23
III. PHYSICAL PLANT Land and Improvement Buildings Equipment
$126,495.34 658,870.00 184,434.13
TOTAL PHYSICAL PLANT
$ 969,799.47
TOTAL ASSETS
$1,046,971.62
- 268
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
BALANCE SHEET June 30, 1948
LIABILITIES
I. CURRENT FUNDS A. GENERAL Accounts Payable Repair Contract Payable Due to other Funds Unearned Income Reserve for Insurance Col. Due to Board of Regents General Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Due to other Funds Unearned Income Reserve for Insurance Col. Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Due to Other Funds Fund Balance
TOTAL AGENCY FUNDS
III. PHYSICAL PLANT Invested in Plant
TOTAL LIABILITIES AND SURPLUS
$ 8,453.73 4,896.26 1,591.04
12,362.53 269.56
31,226.65 2,529.25
$ 56,270.52
$ 4,459.46 4,414.48 85.00 3.76
2,582*30
6,380.40
62,650.92
S 190.15 14,331.08
14,521.23
969,799.47 $1,046,971.62
269
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL INCOME For Year Ended June 30, 1948
STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Summer Extension Other Student Fees Total Student Fees
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Return of Surplus
Special Appropriation for Repairs Chatham County Board of Education Division of General Extension U.S. Post Office
Total Governmental
SALES AND SERVICES Carpentry Shop Dairy Farm Shoe Shop Other
OTHER SOURCES Windstorm and Fire Recovery Rents from Property Total from Other Sources
TOTAL EDUCATIONAL AND GENERAL INCOME
$ 65,029,75 73,146,49 3,125,28 34,678,08 2,164.00 11,884,42
$190,028,02
$165,795.39 -18,579,39
$147,216.00 8,600,00 5,568,00 2,934,86 1,575,00
$165,893* 86
$
4,41
7,50
207 20
50,00
$ 269,11
$ 2,980.16 3,848.42
$ 6,828.58
$363,019,57
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
General
Salaries & Wages
Ob.iect Classification
Operating Equipment and
Trave 1 Supplies Other Capital
Expense & Expense
Additions
ADMINISTRATIVE AND GENERAL Business Office President's Office Dean of Faculty Registrar's Office Post Office General Expense Total Admin. & Gen.
$14,399.34 $12,714.38
$ 890.59
10,611.75 8,254.93 $809.00
667.50
6,303.44 4,458.45 917.35
824.94
11,232.37 10,340.96
788.89
1,700.89 1,676,09
24,80
10,128,42 1.270.64 833.55 7.202.97
$ 54,376,21 $38,715.45 $2,559,90 $10,399.69
$ 794.37 880,32 102,70 102.52
821.26 $ 2,701,17
271
STUDENT WELFARE Health Service Dean of Men Dean of Women Total Student Welfare
$ 5,050,89 $ 3,263 54 2,293,20 2,125 o00 3,727.47 3,614 49
$ 11,071,56 $ 9,003,03
$ 364.31 94,90 39,68
$ 498 89
$ 1,423.04 73.30 73 30
$ 1,569.64
PHYSICAL PLANT Operations Rehabilitation of Plant Total Physical Plant
$ 77,906.94 $30,478,49 54 157 36 30,299.66
$132,064.30 $60,778.15
$28,131,03 3,113,60
$31,244,61
$19,297,44 20.744.10
$40,041.54
LIBRARY
$ 11,065.46 $ 6,489,06
$ 1,044.06 $ 3,532.34
INSTRUCTION Agriculture Arts & Sciences Biology Bus ines s Chemistry Education English Fine Arts Health and Physical Education
$ 15,492.93 $13,670,14 4,258,55 3,798.70 8,875,91 7,723.66
12,707.80 9,943.75 9,050.54 6,484.58
14,517.12 14,174.99 $ 18,584.92 18,457.00
7,434.07 5,422.33 12,237.31 9,881.87
$ 676.09
252.95
924.25
322.18
1,229.05
242.35
99.78
104.83
183.41
CO
o o o
412.42
$ 1,146.70 206.90 228.00
2,441.87 1,336.91
23.09 1,828.33 1,863.02
GEORGIA STATE COLEGE
SAVANNAH, GEORGIA
STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30, 1948
INSTRUCTION (Cont'd) Home Economics Industrial Arts Languages Mathematics Physics Social Science Training School Summer School Total Instruction
General
Salaries & Wages
Obj ect Classification Operating Equipment and
Trave1 Supplies Other Capital Expense & Expense Additions
$ 18,352.98 64,352.75 2,553.98 7,268.62 4,313.20 15,912 78 12,500.73 18,222.75
1246,636 94
$ 15,976.66 $ 40,722.21 2,500,00 7,108,33 3,891.66 15,796.58 10,896 21 18,201 52
$204 650.19 $
273.57 $ 5L8.26 14,521.84 53,98 160.29 113,64 116,20 19.72 21,23
595 92 $19730 12
$ 1,584.49 9,108,70
307.90 1,584.80 $21,660,71
272
FARM
$ 6,725 41 $ 2,382 e16
$ 2,215.85 $ 2,127.40
EXTENSION General Extension Saturday & Evening Classes Total Extension
$ 5,303 57 3,014,50
$ 8,318,07
$ 4,049.10 $ 132.01 $ 1,023.96 $
2,864.50
150,00
$ 6,913,60 $ 132,01 $ 1,173.96 $
98,50 98,50
TOTAL EDUCATIONAL AND GENERAL EXP.
$470,257,95 $328,931.64 $3,287,83 $66,307.18 $71,731.30
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS
For Year Ended June 30, 1948
INCOME
College Inn Dormitories
Boggs Hall Hill Hall Hubert Hall Room Deposits
Total Dormitories Dining Hall Farm Laundry Undistributed
TOTAL AUXILIARY INCOME
$1,452.20 9,397.20 9,488.50 85.00
$ 39,052.65
20,422.90 102,380.48
6,888.29 10,227.20
41.41 $179,012.93
STATEMENT OF AUXILIARY ENTERPRISE OPERATIONS For Year Ended June 30, 1948
EXPENDITURES
College Inn Dormi tor ies
Boggs Hall Hill Hall Hubert Hall Parsons Hall
Total Dorm. Dining Hall Farm Laundry TOTAL EXPEND.
Total
Salaries Purchases
and
For
Wages
Resale
Operating Supplies & Expense
I 48,045.33 $ 5,063.90 $ 35,689.87 $ 1,479.53
Equipment and Other Capital
Additions
$ 5,812.03
2,461.73 1,189.57
523.76
16,580.71 2,101.90
2,208.53
15,968.86 5,320.33
2,719.77
214.71
40.00
174.71
$ 35,226.01 $ 8,651.80
$ 5,626.77
$103,248.51 $12,937.77 $ 75,901.34 $ 6,028.28
14,107.38 2,943.40
10,913.11
9,922.46 5,830.75
2,000.44
$210,549.69 $35,427.62 $111,591.21 $26,048.13
748.40 12,270.28
7,928.76
$20,947.44 $ 8,381.12
250.87 2,091.27 $37,482.73
- 273 -
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1948
Fund CURRENT FUNDS
General Auxiliary
Total Current Funds
AGENCY FUNDS
TOTAL
Cash Balance Receipts Disbursements Cash
July 1, 1947 For Year
For Year
Balance
$ 98,976,33 $363,019*57 $470,257.95 $8 ,2 6 2 . 0 5 36,278.72 179,012.93 210,549.69 4,741.96
$135,255.05 $542,032.50 $680,807.64 $
$ 1,724.41 $ 74,670.65 $ 66,197.38 $10,197.68
$136,979.46 $616,703.15 $747,005.02 $ 6,677.59
BANK BALANCES
All Funds on Deposit at Liberty National Bank and Trust Company, Savannah, Georgia.
- 274 -
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1948
Fund
Campus Chest Class Accounts Faculty Insurance Collected Retirement Collections Student Activities Student Bank Withholding Tax Collected
Balance Beginning
Of Year
$ 150,40
2.75
1,422 12
3,507.11 513* 73
Receipts For Year
$ 696.50 2,414.57 273.32
10,114.91 39,346,67
3,947.34 17,877.34
Disbursements For Year
$ 603.68 2,392,23 269.56 7,993.87
38,121,19 7,840.74 8,976.11
Balance End
Of Year
$ 92.82 172.74 3.76
-2,123,7 9
1 9 6 .64 3 8 6 o2Q
8,387,50
TOTAL AGENCY FUNDS
$1,724.41 $74,670.65 $66,197.38 $10,197.68
275
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1948
LAND Campus Off-Campus Total Land
Investment
Investment
Year Beginning
End
Acquired Of Year Additions Deductions Of Year
1890
$114,000 00 400 00
$114,400.00
$114.000.00 400.00
$114,400.00
BUILDINGS Herty Hall Meldrim Hall Wilcox Gym College Inn Infirmary Hammond Hall Dormitories Boggs Hall Hill Hall Hubert Hall Dining Hall Barbecue Pit Brooder Houses Community House Parsons Hall Cottage #1 #2 #3
#4 #5
#6 #7 Creamery Dairy Barn Farmshop and Cannery Fine Arts Incubator House Information House Laying House #1 Laying House "#2 Masonry Shop Morgan Hall New Trade Unit Paint Shop Powell Hall Practice Cottage
1938 1923 1934 1947 1947 1908
1890 1905 1937 1932 1941 1938 1938 1890 1903 1908 1908 1931 1932 1908 1908 1914 1921
1938 1947 1938 1938 1939 1939 1939 1936
1938 1935 1936
$ 45., 000.00
87,400.00
59,770.00
$11,500.00
18,675 00
6,600.00
90000
6,600,00 89,400,00 107,700 00 47,700 00
500 00 3 200 00 9 500 00 6,600 00 4 500 00 4,000 00 4,500.00 2,500.00 2,900.00 4,500 00 4,,475.00 3,000.00 6,600 00
12,000,00
3,700.00 500,00 500.00 500,00
3,200,00 29,000 00 23,000,00
3,200,00 11,400 00
3,500 00
20,250 00
$ 45,000.00 87,400.00 59,770.00 11,500.00 18,675.00 7,500.00
6,600,00 89,400.00 107,700'00 47,700.00
500.00 3,200.00 9,500.00 6,600.00 4,500.00 4,000.00 4,500.00 2,500.00 .2,900. 00 4,500,00 4,475.00 3,000.00 6,600.00
12,000.00 20,250.00
3,700.00 500,00 500.00 500.00
3,200,00 29,000.00 23,000.00
3,200.00 11,400.00
3,500.00
276 -
GEORGIA STATE COLLEGE
SAVANNAH, GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3C), 1948
B. BUILDINGS (Cont'd) Shoe Shop Storage House White Hall Total Buildings
Year Acquire d
Investment
Investment
Beginning
End
Of Year Additions Deductions Of Year
1920 1939 1921
S 1,000,00 100,00
. 9,000,00 $607,545.00 $ 51,325.00
$ 1,000.00 100.00
9,000.00 $658,870.00
C. OTHER IMPROVEMENTS Water System Telephone System Total Improvements
$ 11,295.34 800.00
$ 12,095.34
$ 11,295.34 800.00
$ 12,095.34
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Extension Laundry Dormitories Boggs Hall Hill Hall Hubert Hall Dining Hall Community House College Inn Cafeteria Book Store Infirmary
$ 3,544.10 $ 4,066.86
4,051.12
975.29 28,560.20
22,315.06 81,373.23
318.55
3,719,22
9,275.28
$ 7,610.96 4,051.12
29,535.49 103.688.29
318.55 12,994.50
1,921.00 2,627,00 10,064.63
3,253.00
$ 746.50 134.00
2,077.48 3,745.80
1,174.50 2,761.00 7,987.15 3,745.80 3,253.00
4,730.50 931.75
1,651,52
$ 48,419.30 $138,838.81$2,823.98
4,730.50 931.75
1,651.52
$184,434.13
TOTAL INVESTMENT IN PLANT
$770,364.30 $202,259.15$2,823.98 $969,799.47
- 277 -
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