University System of Georgia financial report for the year ending June 30, 1950

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U N I V E R S I T Y S Y S T E M OF G E O R G I A K

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FINANCIAL REPORT

FOR THE YEAR ENDING
JUNE 3 0 , I 95O
f + *

*

w

I#

R egents o f th e U n iv e rs ity System of G eorgia

20 Iv y S t r e e t , S* E.

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A tla n ta , G eorgia

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REGENTS* UNIVERSITY SYSTEM OF GEORGIA 20 IVY STREET, S . E . - ROOM ljOO ~ ATLANTA

DISTRICT S ta te a t Large

REGENT
M rs. W illiam T. H ealey January 18, 1950 * January 1, 1953

ADDRESS
277h Andrew s D r . , HW, A tlanta

S ta t e a t L arg e Jo h n J . MoDonough Jan u ary 1, 1950 - January 1, 1957

G eo rg ia Power Company, Rome

S t a t e a t L arg e F ra n k M. S p r a t l i n
J a n u a r y 1 , I 9U6 - J a n u a r y 1 , 1953

78 M a r i e t t a S t . , NW, A tlanta

H ave you cheeked, to be sure, v^lurpe ir.com plete, wiHr^aff issuesrbydeif-
and title page? Im perfect volum es delay return of binding. Thanks.

S ta te a t Large Hughes S palding

4-3^4- T r u s t C o. o f G a. B l d g .,

J a n u a r y 1 0 , I 9I49 - J a n u a r y 1 , 1956

A tlanta

S ta te a t Large

C arey W illiam s J a n u a r y 1 0 , 19^+9 - J a n u a r y 1 , 1955

G reen sb o ro

F irst

James P eterso n
J a n u a r y 1 0 , I 9I+9 - J a n u a r y 1 , 1955

S o p e rto n

H. L. W ingate J a n u a r y 1 , 19U7 - J a n u a r y 1 , 195U

307 Bibb B u ild in g , Macon

Cason J . C allaw ay J a n u a r y 1 , 19^4+ - J a n u a r y 1 , 1951

H am ilton

F ourth

R obert 0 . A rnold J a n u a r y 1 0 , 19^+9 - J a n u a r y 1 , 1956

C o v in g to n

F ifth

R utherford L. E llis Jan u ary 1, 19^7 - Jan u ary 1, 195^

P . 0 . Box 1111, A tlanta

S ixth

C harles J . Bloch Jan u a ry 7 , 1950 - Jan u ary 1 , 1957

6ll+-18 P ersons B u ild in g , Macon

S e v e n th

Roy N. Emmet J a n u a ry 1 , 19U5 " J a n u a ry 1 , 195?

C edartow n

E ighth

F ran cis Stubbs, S r. January 12, 1950 - Jan u ary 1, 1957

D ouglas

N inth

Sandy Beaver January 1, 19^5 " Jan u ary 1, 1952

G ainesville

T en th

W illiam S. M orris
J a n u a r y 1 , I 9I4U - J a n u a r y 1 , 1951

A ugusta

OFFICERS OF THE BOARD OF REGENTS

C hairm an ............................................................... Hughes S p a ld in g

V ic e C h a i r m a n .............................

.R obert 0 . Arnold

C h a n c e l l o r ...................................... . . Harmon W. C a ld w e ll

A s s i s t a n t To t h e C h a n c e l lo r . . . . . . John E . Sim s

E xecutive S ec re ta ry .

L. R. S ieberfe^T

T r e a s u r e r . W. W ilso n N o d e s'

.... ' l y

libraries

- 5-

GE0RG%

REGENTS* UNIVERSITY SYSTEM OF GEORGIA 20 IVY STREET, 8 . B . - ROOM ljOO - ATLANTA

DISTRICT S ta te a t Large

REGENT
Mrs* W illia m T . H e aley Jan u ary 18, 1950 - Jan u ary 1, 1953

ADDRESS
277I+ Andrews D r* , NT,
A tlanta

S ta te a t L arg e Jo h n J* McDonough Jan u ary 1, 1950 - Jan u ary 1, 1957

G eo rg ia Power Company, Rome

S t a t e a t L a rg e F ra n k M* S p r a t l i n
J a n u a r y 1 , I 9I+6 - J a n u a r y 1 , 1953

78 M a r i e t t a S t * , NW, A tlanta

S ta te a t Large Hughes S palding

U3^ T r u s t Co* o f Ga* B ld g * ,

January 10, 19^9 - January 1, 195^

A tlanta

S ta te a t Large C arey W illiam s January 10, 19^9 Jan u ary 1, 1955

G reensboro

F irst Second

James P eterso n
J a n u a r y 1 0 , I 9I+9 " J a n u a r y 1 , 1955
H . L* W in g ate J a n u a ry 1 , 191+7 - J a n u a r y 1 , 195U

S o p e rto n
307 B ibb B u i ld i n g ,
Macon

T hird

Cason J* C allaw ay J a n u a r y 1 , 19<W+ - J a n u a r y 1 , 1951

Ham ilton

F o u rth

R obert 0 . A rnold J a n u a r y 1 0 , 19^+9 " J a n u a r y 1 , 195^

C ovington

F ifth S ixth

R utherford L. E llis Ja n u a ry 1 , 19^7 " Ja n u a ry 1, 195U
C harles J . Bloch J a n u a r y 7> 1950 - J a n u a r y 1 , 1957

P* 0 . Box 1111, A tlanta
61I4. - I 8 P e r s o n s B u ild in g ,
Mao o n

S ev en th

Roy N. Emmet J a n u a ry 1 , 19U5 " J a n u a r y 1 , 195?

Cedartow n

E ighth

F ra n c is S tu b b s, Sr* January 12, 1950 - Jan u ary 1, 1957

D o u g las

N inth

Sandy Beaver J a n u a ry 1 , 19^4-5 " J a n u a r y 1 , 1952

G ainesville

T en th

W illiam S. M orris J a n u a r y 1 , 1914+ - J a n u a r y 1 , 1951

A ugusta

OFFICERS OF THE BOARD OF REGENTS

Chairman * . V ice Chairman C hancellor * , A s s i s t a n t To t h e C h a n c e llo r E xecutive S ecretary . . T r e a s u r e r .......................................

Hughes S p ald in g R obert 0* A rnold Harmon W. C a ld w e ll

5-

I

TABLE OF CONTENTS

-Hjoj

SUMMARY.....................................................................................................

6

^CONSOLIDATED ST A T E M E N T S............................................................................................................................ .

. 14

UNIVERSITY SYSTEM OF GEORGIA - GENERAL A C T IV IT IE S ...................................................................

. 27

O tHE UNIVERSITY OF GEORGIA, A T H E N S .................................... .................................................. . . . . 3 5

THE UNIVERSITY OF GEORGIA - ATLANTA DIVISION, A T L A N T A ..................................................................77

GEORGIA INSTITUTE OF TECHNOLOGY, ATLANTA ....................................................................................... ' . . 85

MEDICAL COLLEGE OF GEORGIA, AUGUSTA. .............................................................................................................113

NORTH GEORGIA COLLEGE, D A H L O N E G A .................................... ....... . ............................................ ....... . 1 2 1

GEORGIA STATE COLLEGE FOR WOMEN, MILLEDGEVILLE ......................................................................... ....... . 131

GEORGIA TEACHERS COLLEGE, STATESBORO ............................................................................................................. 143

_ VALDOSTA STATE COLLEGE, VALDOSTA......................................................................................

151

liD

1 GEORGIA SOUTHWESTERN COLLEGE, AMERICUS. ...................................................................................................... 1 6 1

; WEST GEORGIA COLLEGE, CARROLLTON...................................

169

MIDDLE GEORGIA COLLEGE, COCHRAN............................................................................................................

179

SOUTH GEORGIA COLLEGE, DOUGLAS . . . . ................................................... ....... . . . . . 1 8 7

ABRAHAM BALDWIN AGRICULTURAL COLLEGE, TIFTON............................. ....... . ............................................195

GEORGIA EXPERIMENT STATION, EXPERIMENT. . . . . . . . . . . . . . . . 205

GEORGIA COASTAL PLAIN EXPERIMENT STATION, TIFTON ................................................................

213

AGRICULTURAL EXTENSION SERVICE, ATHENS. ........................................................................................................ 221

ALBANY STATE COLLEGE, ALBANY ...................................................................................................... . . . . 231

FORT VALLEY STATE COLLEGE, FORT VALLEY. ................................................................. ....................................239

SAVANNAH STATE COLLEGE, SAVANNAH

251

,

SUMMARY

The f in a n c ia l re p o rt c o n tain e d h e re in p e r ta in s to th e f in a n c ia l o p e ra tio n o f th e U n iv e r s ity System of G eorgia fo r th e f i s c a l y e a r ended June 30, 1950 T his an n u al f in a n c ia l re p o rt i s p re p are d on a b a s is c o n s is te n t w ith th e recom m endations o f th e N a tio n a l Committee o f S tandard R eports fo r I n s titu tio n s o f H igher Education* A ll statem en ts and sch ed u les a re prepared on a cash re c e ip ts and disbursem ents b a s is w ith th e ex cep tio n o f th e b alan ce sh e e ts, wherein a l l known a s s e t s and l i a b i l i t i e s a r e in c lu d e d , and t h e s ta te m e n t o f s u r p lu s w hich i s
computed on an a c c ru a l b a s i s .

CURRENT FUNDS

EDUCATIONAL AND GENERAL
Income - D u rin g th e f i s c a l y e a r 19149-50, th e income r e a liz e d f o r th e E d u c a tio n a l end G eneral o p e ra tio n s o f th e U n iv e r s ity System amounted to $ 1 6 ,0 2 0 ,3 2 2 . T his re p re se n te d an i n c r e a s e o f 1 .5 # o v e r t h e am ount o f $ 1 5 ,7 8 8 ,0 3 8 w hich w as r e a l i z e d d u r i n g t h e y e a r 191+8-1+9*

The v a rio u s so u rces of income fo r th e p a s t fo u r y e a rs are compared in th e fo llo w in g summary:

Source o f Income

191+6-1+7

191+7-1+8

191+8- 2

2: 0

S tudent Fees:
M a t r i c u l a ti o n $ 2. 151.779 16. 6# $ 2 ,5 2 0 ,5 6 9 17.O# $ 2 ,7 8 3 ,1 7 0 17. 6# * 3,21+5.002 20. 35?

N on-R esident Tu i t io n
Summer S e s s io n O ther

3. 072.779 23.7# 670, 1+83 5. 2# 255,967 2 .0 #

3,51+7,532 23. 9#
887,623 6 .0 #
27l+,6l 8 1 .8 #

2,51+5,809 16. 1# 9 8 2 ,9 5 8 6. 2# 292, 1+91+ 1 .9 #

2 ,0 7 3 ,5 5 6
1 ,0 0 7 ,1 7 3 383,650

12.95?
6.355 2.1+5?

T o ta l F ees $ 6 ,1 5 1 ,0 0 8 1+7.555 : 7 , 230, 31+2 1+8. 1 % $ 6, 60)+, I+29 1+1.8# t 6, 709,381 I+ I.9#

G ifts, G rants &

Endowment

$ 5 1 1 ,7 7 5 l+.o#

3 8 7 ,7 1 5 2 .6 # $ 1+1+8, 1+61 2 .8 # 1 323, ll+O 2 .0 #

Gov*t. o th e r th a n S tate
Sales & S ervices O ther

1 ,7 3 0 ,8 9 8 13. 1+# 968,066 7.555 1 9 7 ,9 1 9 1 . 5#

1 , 826,993 12. 3# 1, 235,112 8. 3#
171,662 1 .1 #

11 ,, 908668,,969133

1 2 .6 # 6 .8 #

307,11+8 2. 0#

2, 105,231 13.155 1 ,2 2 8 ,7 5 5 7 . 75s
157,397 1.0#

T otal In t-

e r n a l Incom e$ 9 ,5 5 9 ,6 6 6 73.955 $10,851,821+ 73. 0# $ 10, 1+15, 61+1+ 6 6 .0 # $10,523,901+ 65.755

S tate

3,382,31+8 2 6 .1 # U, 007, 151+ 27.O# 5,372,391+ 31+ .0# 5,1+96,1+18 31+.355

T otal Opera-
t i n g Incom e $12,91+2.Oil* 1 0 0 .0 # $ l!+ ,8 5 8 ,9 7 8 1 0 0 .0 # $ 1 5 ,7 8 8 ,0 3 8 100. 0# $ 16, 020,322 1 0 0 .0 #

Th.9 f o l l o w i n g c o m o a riso n i s made o f t h e s o u r c e s o f incom e f o r t h e p a s t t h r e e y e a r s
w ith t h e incom e f o r 191+0-1+1. T h is c o m p a riso n i s made b y th e d i f f e r e n t c l a s s i f i c a t i o n s o f u n i t s o f t h e U n iv e r s ity System in o rd e r t h a t th e t r e n d s f o r th e v a r io u s ty p e s o f u n i t s may be noted.

I 9I+O-I+I

I 9I+7-U8

I 9I+8-I+9

I 9I+9-50

S enior C olleges

S tu d e n t F ees $ 1 , 1+25,021 1+7.1+# $ 6, 1+1+5,050 6 2 .1 $ $ 5 ,7 7 2 ,6 9 1 5 5 .7 # $ 5,90l+ ,789 5 5 .2 #

S tate O ther Sources

1 , 106,262 36. 8# 2 ,1 7 0 ,3 6 0 2 1 .0 # 2 ,8 8 8 ,7 5 0 27. 9# 3,181,1+31 2 9 .7 # 1+76,997 1 5 .8 # 1, 719,860 I 6. 6# 1, 69!+, 267 16.1+# 1, 609,829 15. I #

T otal

$ 3 ,0 0 8 ,2 8 0 1000# $ 1 0 ,3 5 5 ,2 7 0 100.0 # $ 1 0 ,3 5 5 ,7 0 3 100. 0# $ 10, 696,0149100. 0#

6-

M edical C ollege

S tudent Fees $ S tate O ther Sources

T otal

$

194o- 4 i
1+1,236 22. 1#! $
118,286 6 3.3#
27*279 14. 6#
186,802 100.0# $

1947-1+8
93.229 20. 0# $ 295. 1*60 63,57* 76.711* 16. 5#
1*65,1+03 1 0 0 .0 # $

1948-49
101,952 15.375 470,000 70. 6# 91*, 157 1 4 .1 # 666,109 1 0 0 .0 # $

1949-50
81,363 12. 2#
1*83.929 7 2 .5 *
102,232 15.375 667, 521* 1 0 0 .0 #

Ju n io r C olleges

Student Fees $ S tate

O ther Souroes

T otal

$

104,936 28,0# $
217.663 5 8 .0 #
52,550 l4 .0 #
575, 0+49 1 0 0 .0 # $

3 5 7 .8 0 2 +9.375 $ 302,618 1+1.775 6 5 .1 7 7 9 . 0#
725,597 100.0# $

272,321 37.975 i 375, 1+00 52. 27571,701 9.975
719.1*22 1 0 0 .0 # $

277*255 36. 5^ 417,888 51+.975
65,362 8 .6 # 760.505 1 0 0 .0 #

Negro C olleges S tudent Fees $
S tate O ther Souroes

T otal

$

59*860 2 1 .0 # $
1 0 8 ,9 6 0 38.3?S
115,863 1*0.775
284,683 100.0# $

35l+, 261 39. 1# $ 4 2 1 ,4 6 1 1*9.375

1*57.1*65 1+1.375 :
522,1+91+ 4 7 * 2 #

1*1*5.972 40. 0# 5 3 2 .8 9 6 1*7.975

99.016 1 1 .6 #

1 2 7 ,5 9 6 11.555

131+.593 1 2 .1 #

851+.738 1 0 0 .0 # $ 1 , 107,555 1 0 0 .0 # $ 1 , 113, 1*6.1 1 0 0 .0 #

E xperim ent S t a*

& A grio. Ext S tate O ther Sources
T otal

$ 156*709 1 ,0 4 5 ,6 8 9

13. 0# $ 6 5 9 ,3 8 2
87.0# 1.657.697

28.5# $ 803,550
71.575 1 ,8 0 5 ,7 0 9

30. 8# $ 770,271+ 69*2# 1 .8 9 9 .3 8 0

2 8 .9 # 7 1 .1 #

$ 1, 202,398 1 0 0 .0 # $ 2,3 1 7 * 0 7 9 lo o .d # $ 2 ,6 0 9 ,2 5 9 100. 0# W 2, 669, 651*" 1 0 0 .0 #

T o ta l fo r System

,,, ,

, .,, ,

^

S'tu(A'e"n t ~?e e s ------- $ 1, 631,0 5 4 3 1 .8 # $ 7 ,2 3 0 ,3 4 2 1+8.7^ $ 6 ,6 0 4 ,4 2 9 4 l . 8 # I 6 ,7 0 9 ,3 8 1 4 1 .9 #

S tate

1 , 771,179 3 4 .6 # i+ ,0 0 7 ,1 5 h 27. 0# 5#372.39l+ 3 4 .0 # 5, 1496, 1+18 34*3#

O ther Sources

1 ,7 1 8 ,7 8 2 33*6# 3*821,1+82 243# 3* 8 1 1 ,2 1 5 2 4 .2 # 3*814*523 23*8#

T otal

$ 5 ,1 2 1 ,0 1 5 1 0 0 .0 # 1 1 4 * 8 5 8 ,9 7 8 1 0 0 .0 $ $ 1 5 ,7 8 8 ,0 3 8 1 0 0 .Q# $ l 6, 0 2 0 ,3 2 2 100.0%

I t w ill be noted from th e above com parisons th a t th e t o t a l stu d en t fe es c o lle c te d
d u r in g I 9I+9-50 h a v e in c r e a s e d s l i g h t l y when com pared w ith t h e p r e v io u s y e a r . The v e t e r a n
en ro llm en t o f th e U n iv e rs ity System d ecreased ap p ro x im ately 20# from th e v e te ra n e n ro llm e n t
o f I 9I+8-I+9* r e s u l t i n g i n a d e c r e a s e i n n o n - r e s i d e n t t u i t i o n i n a b o u t t h e same p e r c e n t a g e . The o v e r a l l e n r o llm e n t o f t h e U n i v e r s i t y System d u r i n g t h e y e a r I 9I+9- 5O was 3 # b e lo w t h e e n r o llm e n t f o r 19)+8-J+9, t h e r e f o r e , t h e i n c r e a s e i n m a t r i c u l a t i o n f e e s c o l l e c t e d was due i n i t s
e n t i u B ty t o an i n c r e a s e i n t h e m a t r i c u l a t i o n f e e e f f e c t i v e w i t h t h e F a l l Q u a r t e r o f 191+9*
This in c re a se o ff s e t th e deorease in n o n -re sid e n t t u itio n due to d ec lin e in v e te ra n e n r o ll
m ent.

The am ounts shown as income from th e S ta te in th e above sum m aries re p re s e n t th e amounts a c tu a lly a llo c a te d to th e v a rio u s u n its o f th e U n iv e r s ity System by th e Board o f R egents fo r E d u c a tio n a l and G eneral o p e r a tio n s . The Board o f R egents a llo c a te d a d d itio n a l amounts to th e u n its f o r purposes o th e r th a n E d u ca tio n a l and G eneral o p e r a tio n s . These
am ounts f o r t h e y e a r 19I+9-50 and t h e p u rp o s e s f o r w hich t h e y w e re a l l o c a t e d a r e s e t f o r t h b e
lo w . The t o t a l amount r e c e i v e d from t h e S t a t e b y t h e B oard o f R e g e n ts d u r i n g 191+9-50 w as
$ 6 ,2 2 8 ,0 0 0 . T his amount was composed o f th e fo llo w in g item s:

R egular A ppropriation

$ 5 * 1 7 0 ,0 0 0 .

S pecial A ppropriation

1 ,0 0 0 ,0 0 0

S p e c ia l A p p ro p riatio n f o r P la n t Addt*s 50*000

U n iv e r s ity o f Ga. Endowment FUnds

8*000

T otal A ppropriation

$ 6 ,2 2 8 ,0 0 0

The a l l o c a t i o n s made b y t h e B oard o f R e g e n ts d u r i n g I9I+9- 5O w e re a s f o l l o w s :

E d u c a tio n a l and G eneral P lan t Funds

$5*1+98,1+18 15^,900

O ther N on-E ducational U n iv e r s ity o f Ga. Endowment Funds
T otal A llocations

$ 64,500*00 8 ,0 0 0 ,0 0
1 5 ,7 2 3 ,8 1 8 .0 0

I t w ill be noted th a t th e a p p ro p ria tio n receiv ed from th e S ta te exceeded th e a l lo c a tio n s by $504,182. Of th is amount $470,040 was reserv ed fo r r e n ta ls payable d u rin g th e y e a r 1950-51 t o th e U n iv e rs ity System B u ild in g A u th o rity , le a v in g an e x c e ss o f $34,142 to be added t o th e R egents* C o n tin g en t Fund in c re a s in g t h i s fund to $111,313 as o f June 30, 1950.

E x p en d itu res - The E d u c a tio n a l and G eneral e x p e n d itu re s o f th e U n iv e rs ity System fo r th e y e a r 1949-50 amounted to $ 1 5 ,4 2 5 ,4 9 6 . T his re p re se n te d an in c re a s e o f 1 .4 $ over th e
amount o f $ 1 5 ,2 0 8 ,5 6 2 t h a t was expended d u rin g th e y e a r 1948-49* The fo llo w in g i s a summary
o f t h e e x p e n d itu r e s f o r t h e y e a r 1949-50 a s com pared w ith th o s e o f t h e l a s t t h r e e y e a r s :

F u n c tio n

191*6-1*7

19l*7-48

1948-,49

191*9- 50

Adm. ft G e n e ra l $ 1 ,0 8 2 ,1 1 1

Student W elfare 218,984

P l a n t O p e r a tio n s 1,1*39.51*2

L ibrary

550,955

In stru ctio n

4,439*299

A ct. R elated to

In stru ctio n R esearch

725,981
1 , 017.566

A g ric . E x te n sio n 1.519.851*

Gen. E xtension

1*61,117

O ther

26,331

T otal

$ 1 1 ,2 8 1 ,7 5 8

9*6$ $ 1,360,625

1*9$ 1 2 .8 $
3. 1* 39. 3??

290,305 1 ,6 1 9 ,1 6 5
1*50,1*77
6, 068,509

9 .6 $ $ 1,4614,887

2 .0 $

317,880-

11.4$ l,77l*,723

3. 2??

480,321

42. 6$ 6, 012,058

9 .6 $ $ 1,1*91.81*9

2 .1 $

332.981*

11. 7?? 1, 561,696

3. 2?? 500,001

39. 5?? 6,331*. 175

9 .7 % 2 .2 $
10. 1$
3*2$
41. 1$

6 .4 $ 9.0??
1 3 .5 * l+.l?? 0.35?

736,299
1,1*11*. 571* 1 ,4 8 0 ,6 4 8
663,019 120,319

5.2?? 10.0$
10. 4$
1*.7?? 0 .9 $

695,551 1, 703,229
1,583.551* 1 ,0 8 6 ,2 0 7
9 0 ,1 5 2

4*6$ 11.2$
10*4$ 1 . 1% 0 .6 $

707,379
1 , 762,908
1 ,6 2 9 ,8 8 2 1,104*622

4*6$
1 1 .4 $ 10*5$
7 . 2?!

100.0# $ l4 ,203,940 100.0# $15,208,562 100*0# $15,425,496 100.0#

A ll of th e v ario u s fu n ctio n s o f expenditure lis te d above re f le c t in creases in
amount over th e p rio r y ear ex cep t P la n t O p eratio n s; th is fu n c tio n having decreased by 12.0$. A ll o f th e in c re a se s are r e la tiv e ly sm all, th e la r g e s t in c re a se bein g fo r I n s tru c tio n which
in c re a s e d by 5*4$ over 1948-49* The p e rc e n ta g e s o f th e v a rio u s fu n c tio n s as r e la te d to th e
t o t a l e x p e n d itu r e s f o r 1949-50 re m a in e d e s s e n t i a l l y t h e same a s f o r t h e p r i o r y e a r , e x c e p t
fo r P la n t O peratio n s and In s tru c tio n . P la n t O perations decreased from -11*7$ o f th e t o t a l in 1948-49 to 10.1$ in 1949-50; w hereas, I n s tr u c tio n in c re a se d from 39*5$ o f th e t o t a l in 1948-49 to 4 l* l$ o f th e t o t a l in 1949-50* I t w ill be noted t h a t th e c la s s if ic a tio n o f "o th e r h as been e lim in a te d from th e e x p e n d itu re s fo r 1949-50* T his is due to a change in th e method o f re p o rtin g expenditures fo r fe llo w sh ip s, sch o larsh ip s, e tc . These expenditures w ill be d iscu ssed in a sep a rate se c tio n below .

The e x p e n d itu re s f o r th e p a s t th r e e y e a rs a re com pared in th e fo llo w in g summary by c la s s ific a tio n of u n its w ith th e o p eratin g expenditures fo r 1940-4l:

1940-41

1947-48

1948-49

1949-30

S enior C olleges$ 2,909,627

M edical C ollege

167,408

Ju n io r C olleges 350,800

Negro C o lleges

283,374

A g r i c . E x t . ft

Exp. S ta tio n s 1,217,897

G eneral A c tiv itie s 70,150

T otal

$4,999256

58. 2?? $ 9 ,5 3 0 ,5 0 6

3-35? 7 .0 * 5.7??

1*69,71*1 736,625
923,776

67.1$ $10,035,898

3-35?

651,690

5.2??

7 0 6 ,5 6 2

6.5?? 1 ,0 7 9 ,1 7 2

66. 0$ $ 1 0 ,1 2 8 ,2 5 7

4*3$

675,276

4.6 $

70l*,l09

7*1$ 1.090,551

65.7?? l*.l*?? 1*.55? 7.1??

21*.!+?? 2 ,3 5 8 ,3 3 9 16. 6?? 2 ,5 4 5 ,5 4 4 16.7?? 2 ,6 8 2 ,6 9 9 17.1*??

1.1*5?

181*. 953 1 .3 *

189,696 1 . 3??

lI4 ,6 0 4 0.9??

100.0$ $14*205,940 100.0$ $15,208,562 100*0$ $15,425,496 100.0$

F in a n c ia l C o n d itio n - The U n iv e rs ity System ended th e f i s c a l y ear w itlv an Educa

t i o n a l an d G e n e ra l S u r p lu s o f $l,l+5U,+70. T h is r e p r e s e n t s a n i n c r e a s e o f $ 2 8 3 ,9 ^ 5 **r t h e
s u r p l u s o f Ju n e 3 0 , 9U9, w h ich am ounted t o $ 1 ,1 7 0 ,5 2 5 . T h is i n c r e a s e i s r e f l e c t e d i n t h e

S tatem en t of S u rp lu s which w i l l be found l a t e r in t h i s r e p o r t. The R e s tric te d Fund B alance

a t th e end o f th e f i s c a l y e a r am ounted t o $21+2,177 a s com pared w ith a Fund B alan ce o f
$1#552,1+59 a t Ju n e 3 0 , I 9+9 . T h ese tw o am ounts a r e r e a l l y n o t c o m p a ra b le due t o a change
in th e m ethod o f re p o r tin g Unexpended P la n t Funds d u rin g th e y e a r . The Fnd B alance a t
Ju n e 3 0 , I 9I+9, was made up t o a l a r g e e x t e n t o f U nexpended P l a n t F u n d s; w h e re a s , f o r t h e y e a r I 9+9- 50, U nexpended P la n t Funds w e re c a r r i e d a s a s e p a r a t e fu n d and w i l l b e d i s c u s s e d

below :

, T.

The fo llo w in g i s a summary o f t h e E d u c a tio n a l and G e n e ra l s e c tio n o f th e B alan ce S h eet as o f th e end o f th e f i s c a l y e a r a s com pared w ith t h a t o f Ju n e 30 19^9*

A ssets
Cash on Hand and in Banks Inve stm ents(T em porary) Accounts R eceivable O ther A ssets
T otal A ssets

Ju n e 30 19U9 Ju n e 30 1950

$ 981,250
1, 500,703 861,581
10,308
3,353,81*2

1,395.21+0
275,000
9 0 3 ,1 8 8
3I I 95 $ 2, 6cA+,623

L ia b ilitie s and Surplus
A ccounts P ayable Purchase O rders O utstanding U nearned Income O ther R eserves R e s tric te d Fund B alance S u rp lu s
T o ta l L i a b i l i t i e s and S u rp lu s

$ 69,106 229,981+ 130,976 200,792
1,552,1*59 1 ,1 7 0 ,5 2 5 $3,353,81*2

$ 30,185
90,361
302,1*81*
j+8L|.,9i+6
21*2,177 1, 1*51*,1*70 $2, 60!+, 623

Of th e A ccounts R e c e iv a b le a t June 3 0 , 1990 $61+9,029 r e p r e s e n te d am ounts r e ce iv a b le from th e V eteran s A d m in istratio n f o r fe e s o f v e te ra n s tu d e n ts , and $159*139 r e p re se n te d amounts due th e G eorgia I n s t i t u te o f Technology on R esearch c o n tr a c ts . In clu d ed i n O th e r R e s e rv e s a t J u n e 3 0 , 1950, was an am ount o f $1+70,Ol+O r e s e r v e d f o r r e n t a l s p a y a b le to th e U n iv e r s ity System B u ild in g A u th o rity d u rin g 1950-51 The in v e stm e n ts l i s t e d above c o n s is t e n tir e ly o f amounts in v ested in sh o rt term U n ited S ta te s S e c u r itie s .

AUXILIARY ENTERPRISES

Incom e - Incom e r e a l i z e d d u r in g 19l+9**5Q from t h e o p e r a t i o n s o f A u x i l i a r y E n t e r
p r i s e s am ounted t o $ 5 , 097,320 a s com pared w ith a t o t a l incom e o f $ 5, 1+86,596 d u r in g I 9I+8-I+9.
The v a rio u s so u rc e s o f income f o r th e p a s t th r e e y e a rs a re com pared in th e fo llo w in g summary:

Source

I 947-U 8

I 9I+8-I+9

I 9U9- 5O

D orm itories D ining H all B ookstore A partm ents O ther
T o ta l Income

839, 1*27 2. 338,933 1 , 655,191
11+5,511 1*69,808
5,1*1*8,870

91*3,602 2, 505,011
1 ,3 8 1 * , 1*99
209,961
1*1*3,523
5, 1*86,596

1 1 ,0 3 7 .3 6 2 2 .3 5 9 ,0 6 3 1,922,701+
230, 511*
31*7,677
5 ,8 9 7 ,3 2 0

9-

E x p e n d itu re s - The A u x i l i a r y E n t e r p r i s e e x p e n d itu r e s f o r 191+9-50 am ounted t o $1+*825 * 0 0 6 , a s com pared w i t h e x p e n d it u r e s d u r i n g 191+8-1+9 o f $5,131,181+ . T h is r e p r e s e n t s a decrease of $306,178. T his apparent re d u ctio n in expenditures is due in p a rt to a change in re p o rtin g m ethods r a th e r th an to an a c tu a l re d u c tio n in e x p e n d itu re s. In p rio r y e a rs , i n t e r e s t on a u x ilia r y p la n t in d eb ted n e ss has been in clu d ed as an o p e ra tin g e x p e n d itu re . A ch a n g e was made i n t h e r e p o r t i n g p r o c e d u re d u r in g 19l+9*"50, w h e reb y t h i s i n t e r e s t paym ent i s in clu d ed as an e x p e n d itu re from Unexpended P la n t Funds. The fo llo w in g i s a com parison o f A uxiliary E n terp rise expenditures fo r th e p ast th re e years:

D orm itories D ining H all B ookstore Apartm ents O ther
T otal E xpenditures

191+7-1+8
$ 777,81+5
2, 1+06, 961+ l,6 o l+ , 170
76, 801+ 1^5,533 $ 5 ,3 1 1 ,3 1 6

I 9I+8-I+9
$ 831,071 2, 1+16,138
1 ,3 9 8 ,1 6 0
116,115
369,700 $5,131,181+

19U9-50
$ 71+2,860 2, 19l+, 610 1, 1+86,768 92,H +8
308,620
$l+,825,006

F in a n c ia l C o n d itio n - The o p e ra tio n s o f th e A u x ilia ry E n te rp ris e s of th e U n iv e rsity S ystem a s a w hole w e re v e r y f a v o r a b l e d u r in g 191+9-58* C o n s id e re d on an a c c r u a l b a s i s a s r e f le c te d in th e S tatem ent o f S u rp lu s found l a t e r in t h i s r e p o r t, th e income from o p e ra tio n s e x c e e d e d e x p e n d it u r e s b y $891,1+27* T h is g a i n , a f t e r d e d u c ti n g $1+20,141+5 t r a n s f e r r e d t o Un expended P la n t Funds fo r p la n t a d d itio n s and d e b t s e rv ic e and o th e r a d ju stm e n ts, in cre ased t h e A u x i l i a r y S u r p lu s from $763,11+1 a t Ju n e 3 0 , 191+9, "to $ 1 ,1 7 0 ,5 2 2 a t Ju n e 3 0 , 1950.

The fo llo w in g i s a summary o f th e A u x ilia r y B alance S h e e t as o f Ju n e 3 0, 1950, as compared w ith th e p rev io u s y e a r:

A ssets Cash on Hand and in Banks Investm ent s (Tem porary) Accounts R eceivable S tores O ther A ssets
T otal A ssets

Ju n e 30, I 9I+9 Ju n e 30, I 950

* 637.1+75 100,778 453.506
301,205
5,735
$ l,i+ 9 8 ,6 9 9

$ 1 ,0 7 0 ,1 8 6
100,090
207,575
365,197
$ l , 7l+3,o i+8

L i a b i l i ti e s and S u rp lu s A ccounts P ayable Purchase O rders O utstanding U nearned Income Reserve fo r S tores O ther R eserves S u rp lu s
T o tal L ia b ilitie s and Surplus

$ 57,981+
62,11+5 55,120 301,205
259. 10I+ 765, ii i
$ 1 , 1+98,699

$ 1+3*259 22,020
52,763 365.197
89,288
1 , 170,522
$1.71+3.01+8

The d e c re a se in "O th er R eserv es" shown above i s due to th e change in th e re p o r tin g o f U nexpended P l a n t F u n d s . The ite m " O th e r R e s e r v e s " a t Ju n e 3 0 , 191+9, in c lu d e d S in k in g Fund R eserves and c o n s tru c tio n in p ro g ress} w h ereas, co rresp o n d in g item s a t June 30, 1950, a re included in a sep a rate se c tio n fo r Unexpended P lan t Funds.

OTHER NON-EDUCATIOHAL

T his c la s s if ic a tio n has not appeared in previous re p o rts . D uring th e p a st year a change was made in r e p o r tin g m ethods w hereby income and e x p e n d itu re s f o r S c h o la rs h ip s , fe llo w sh ip s, p riz e s , e t c ., were inclu d ed under th e c la s s if ic a tio n o f "O ther H on -E d u catio n al."

- 10-

The item s in clu d ed u nder t h i s c l a s s if ic a tio n w ere p re v io u sly re p o rte d under E d u ca tio n a l and G eneral, and Agency Funds.
D uring th e y e a r ended June 30, 1950* th e U n iv e r s ity System re c e iv e d income t o t a l i n g |1 5 0 ,1 0 0 f o r O th er W on-E ducational a c t i v i t i e s . T h is income was made up o f th e fo llo w in g item si

Endowment G ifts and G rants S ta te o f G eorgia O ther
T otal

$ 6,823 7 8 ,7 5 2
6U,500
_______ 25
$ 150,100

The am ount o f $614, 500, shown a s incom e from th e S ta t e , r e p r e s e n t e d an a l l o c a t i o n b y
th e Board o f R egents fo r s c h o la rs h ip s to neg ro stu d e n ts a tte n d in g i n s t i t u t i o n s o th e r th a n u n its o f th e U n iv e rs ity System .

D u rin g t h e y e a r en d ed Ju n e 3 0 , 1950, $ 163, 51!* was ex p en d ed f o r O th e r W o n -E d u cati onal a c t i v i t i e s . T his amount was composed o f th e fo llo w in g item s 1

F e11ow ships S cholarships O ther
T otal

. $ 2 0 ,7 5 6 93 21*2 U 9 5l6 $ 6 3 ~ ,51C

In cluded under "S ch o larsh ip s'* above is $61,728 expended f o r sc h o la rs h ip s to n eg ro s t u d e n ts . In c lu d e d u n d e r "O th e r" i s an amount o f $1*8,250 p a id th e R eg io n al C o u n c il on ed u catio n as th e co st o f G eorgia' s p a rtic ip a tio n in th e S outhern R egional E ducation Program .

AGEWCY FUNDS

The U n i v e r s it y S ystem h e ld Agency Funds a t June 38* 1950 h a v in g a t o t a l fu n d
b a la n c e o f $1*35, 9114. T h is w as com posed o f fu n d s r e c e iv e d and h e ld b y t h e v a r io u s u n i t s a s
c u sto d ia n s, and c o n s is te d m ain ly o f unexpended stu d en t a c ti v i t y f e e s , funds o f stu d e n t
o rg a n iz a tio n s and funds d e p o site d w ith th e i n s titu tio n s by s tu d e n ts f o r sa fe k e e p in g .

BWDOmiEWT FUWDS

The U n iv e r s ity System h e ld Endowment Fund A sse ts a t June 38, 1958, in th e amount o f $ 3 ,8 3 1 ,6 0 3 . T h is amount c o n s is te d o f c a sh , $ 2 7 ,2 6 9 ; and in v e s tm e n ts t o t a l i n g $3,OOl+,33U. L is te d below i s a summary o f th e in v e s tm e n ts :

U. S. S e c u ritie s O ther Bonds P r e f e r r e d A Common S to c k Real E state R eal E s ta te M ortgages U n iv e rs ity System B u ild in g s O ther Investm ents
T otal

$1,71*2,155
163,850
1U2.593 151*219
32,679
761,306
18,532
$3*80l*,33U

Of t h e above a s s e t s , $ 8,1*1*6 was due t o o t h e r f u n d s ; $ 1 2 7 ,9 9 7 was r e s e r v e d f o r t h e
purpose of th e T ru st; and $2,895l60 re p re se n te d fund b a la n c e s.

STUDEWT LOAN FUWDS

The U n iv e r s ity System h e ld S tu d e n t Loan Fund A sse ts a t June 30, 1958 in th e

- 11-

amount o f $ 1 ,1 0 2 ,0 1 0 . T his amount was composed o f c a sh , $207*002; s tu d e n t n o te s re c e iv a b le ,
$ 1 6 3 ,0 3 5 ; due from o t h e r f u n d s , $ 8, 069; and in v e s tm e n ts , $725,901+* The in v e s tm e n ts w ere
composed o f th e fo llo w in g item s:

U. S. S e c u ritie s O ther Bonds Real E state R eal E s ta te M ortgages U n iv e rs ity System B u ild in g s O ther Investm ents
T otal

$31+1*229 65,1+00 13*921 6l+,6L+l
233*603 5 *H 0
$72390^+

Of th e above a s s e ts , $738 was due to o th e r fu n d s; and $ 1 ,1 0 1 ,2 7 2 re p re se n te d fund b a la n c e s .

PLANT FUNDS

UNEXPENDED PLANT FUNDS
D u rin g th e y e a r ended June 30* 1950 t h e Unexpended P la n t Fund was s e t up t o in clu d e funds fo r p la n t a d d itio n s , im provem ents to p la n t, and debt s e r v ic e . Funds fo r th e se purposes have in p rev io u s re p o rts been rep o rted under E d u catio n al and G eneral and A u x iliary Funds
D uring th e y e a r ended June 30 1950 th e U n iv e r s ity System re c e iv e d income in th e amount o f $1+59,951 f o r p la n t p u rp o s e s . The so u rc e s o f t h i s incom e w ere a s fo llo w s :

S tate O ther G overnm ental G ifts and G rants Sale of P la n t A ssets O ther
T otal

$15l+, 900 50,000
229*1+51 25,519 231
$1+59*951

In a d d itio n t o th e income r e f e r r e d to above, E d u c a tio n a l and G en eral Funds in th e amount o f $ 5 2 7 ,9 6 6 ; and A u x i l i a r y E n t e r p r i s e Eunds i n t h e am ount o f $1+20,141+5 w e re t r a n s f e r r e d t o Un expended P lan t Funds fo r p lan t purp o ses.

D uring th e y ea r ended June 50 , 1950, P la n t Fund e x p e n d itu re s amounted to $ 2 ,0 0 1 ,7 6 6 . T his amount was expended fo r th e fo llo w in g purposes:

P lan t A dditions Land B uildings & A dditions to B ldgs. Im provem ents o th e r th an B ld g s. Equipm ent
Indebtedness R etired In te re s t on Indebtedness O ther E xpenditures
T otal

$ 51*578 1,1+29*968
102,550 lPl+,1+51

$ 1, 668,327 11+9,535 100,005
83,899 $2 , 001,766

Unexpended P la n t Funds had a s s e ts a t June 30, 1950, t o t a l in g $1,055*999 T his
am ount was composed o f c a s h , $801,i+9l+; te m p o ra ry i n v e s t m e n t s , $ 175*555 and due from o th e r
fu n d s , $ 5 8 ,9 5 0 . Of th e s e a s s e ts $21+2,055 was re s e rv e d f o r th e S in k in g Fund as p ro v id e d

- 12-

under th e term s o f a t r u s t in d e n tu re fo r th e re tire m e n t o f Revenue Bonds issu ed by th e R egents fo r th e b e n e fit o f th e G eorgia I n s titu te of T echnology, and $793*9^6 rep resen te d enexpended Fund B alan ces.

INVESTED IK PLANT

The U n iv e r s ity System had P h y s ic a l P la n t A ssets a t June 30, 1950* in th e amount o f $1+6,730800. T h is in v e stm e n t i s sum m arized as fo llo w s :

Land B uildings Im provem ents o th e r th a n B u ild in g s Equipm ent
T otal

t 2.979.77+
28,+78,236
2,908.+ 75
1 2 .3 6 + .3 1 5 $ 1*6,730,800

D u rin g 191+9-50* $ 9 0 ,0 0 0 o f S e r i e s nAn , G e o rg ia I n s t i t u t e o f T e c h n o lo g y R evenue Bonds w ere r e t i r e d , le a v in g a b a la n c e o f $2,785*000 o u ts ta n d in g a t June 30 1950; $581+,000 a t 2 - l/2 % , $ 1 ,7 0 9 * 0 0 0 a t 2-1/1+%, and $1+92,000 a t 2%, w i t h m a t u r i t y d a t e s t o May 1 , 1 9 7 8 .

In a d d itio n t o th e bonded in d e b te d n e s s, r e f e r r e d t o ab o v e, a t June 30 1950 a t o t a l o f $99l+,909 was due t o Endowment and S tu d e n t Loan Funds f o r am ounts in v e s te d in revenue p ro d u c in g p r o je c ts a t th e v a rio u s u n its o f th e U n iv e r s ity System* T h is amount i s b ein g am ortized over a p e rio d o f y e a rs from th e n e t rev en u es o f th e p ro je c ts fin an ced by th e s e loans* T h is amount is in v e ste d in th e p la n t a s s e ts o f th e fo llo w in g u n its :

U n iv e rsity o f G eorgia G eorgia I n s titu te o f Technology N orth G eorgia C ollege G e o rg ia S t a t e C o lle g e f o r Women F ort V alley S ta te C ollege Savannah S ta te C ollege
T otal

$1+61+,932 381*14-07 37*076 151*1+70
12,363
2 7 ,6 6 1
$991+,909

W ith a t o t a l in v estm en t in th e p la n t o f $1+6,730,800; a g a in s t w hich bonds w ere o u t s ta n d in g in t h e amount o f $ 2 ,7 8 5 ,0 0 0 ; and $99l+909 was due t o Endowment and S tu d e n t Loan Funds; th e U n iv e r s ity System had a n e t in v estm en t in p la n t o f $1+2,950,891 a t June 3 0 , 1950.

GENERAL

On t h e f o l l o w i n g p a g e s o f t h i s r e p o r t w i l l b e fo u n d v a r i o u s c o n s o l i d a t e d s t a t e ments r e la tin g to th e y e a rf s o p e ra tio n s statem en t o f E d u c a tio n a l and G eneral and A u x ilia ry S u rp lu s, and th e a s s e ts and l i a b i l i t i e s o f th e U n iv e rs ity System a t June 30, 1950. In ad d itio n to the consolidated statem ents, d etailed fin a n c ia l re p o rts re la tin g to the operation o f th e in d iv id u a l u n i t s o f t h e U n iv e r s ity System may be found i n t h i s r e p o r t .

James A. B l is s i t A uditor December 18, 1950

-1 3 -

UNIVERSITY SYSTEM OF GEORGIA

*

CONSOLIDATED BALANCE SHEET

June 30, 1950

ASSETS

I . CURRENT FUNDS

A . GENERAL

4

Cash on Hand and in Banks

1 ,2 2 0 ,6 8 1 .5 7

A

Investm ents (Temporary)

275, 000.00

Accounts R eceivable

835, * 9 .7 1

T*

Due from O th e r Funds

3 1 ,1 9 5 .0 0

TOTAL GENERAL FUNDS

2,362,14146.28

A'

B. RESTRICTED

Cash on Hand and in Banks

J 17it,558.96

f

Accounts R eceivable TOTAL RESTRICTED FUNDS

67, 618.15
21*2,177.11

A

C. AUXILIARY Cash on Hand and in Banks Investm ents (Temporary) Accounts R eceivable Store s ( Invent or ie s ) TOTAL AUXILIARY FUNDS

1, 070, 186.29 160, 090. 0 * 207, 575.38 365, 196.79
Jl.7U 3.Q U 8.50

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash on Hand and in Banks Notes R eceivable Investm ents (Temporary)

JU .3U 7.671.89

A)

t U3U.9Ul.66

3,9U lJt2

0

1 ,1 1 0 .0 0

TOTAL AGENCY FUNDS

U 39,993.08

I I I . ENDOWMENT FUNDS

Cash on Hand and in Banks Investm ents)

J 27.269.U1

V*

U. S. S e c u ritie s

1, 7142, 155.00

O th er Bonds P r e f e r r e d & Common S to c k

163, 850.00 11*2, 592.66

Real E state

151,218.91*

R eal E s ta te Morgages

32. 679.u 7

U n iv e rs ity System B u ild in g s

761, 305. 5U

n

O ther Investm ents

i o . 532.UU

bl

TOTAL INVESTMENTS

#3.00it,33U .05

TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Cash on Hand and in Banks S tudent Notes R eceivable Due from o t h e r Fhnds

J3.031.6O 3.U 6

jk

207,001.90
163.03U.71 8, 668.92

afc

-14-

M

STUDENT LOAN FUNDS ( C o n t 'd )

Investm ent s :

"f

U. S. S ecu rities

O ther Bonds

Real E state

R eal E s ta te Morgages

U n iv e rs ity System B u ild in g s

O ther Investm ents

TOTAL INVESTMENTS

TOTAL STUDENT LOAN FUNDS

A '1j k

V . PLANT FUNDS A. UNEXPENDED Cash on Hand and in Banks Investm ents (Tem porary) Due fro m O th e r Funds TOTAL UNEXPENDED

'Me n*
if

B. INVESTED IN PLANT Land B uildings Im provements o th e r th a n B u ild in g s Equipm ent TOTAL INVESTED IN PLANT

TOTAL PLANT FUNDS

TOTAL ASSETS

31+1,229.00 65,14.00.00
1 3 ,9 2 0 .9 9 61*, 61*1.66 233*603.02
5 ,1 0 9 .7 5 #

723,90l+.li2

$ 1,102,009.95

801,1*93.1+9 175,55U .85
58,950.28

$ 1,035*998.62

1 2 ,9 7 9 * 7 7 3 .9 1 28,14.78,236.1*0
2,908,1*71+.97
12,361*, 31I+.68

$1*6,7 5 Q 7 9 9 .9 6

$1*7,766,798.58
$56,688,076.96

-15-

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET

(bdnoO) s a r o Kaoj Tiaaurs
a fearadseviil

OO.QSS,i+lUnf 5 0 * 1950

3&iJTJJoa8 8 *

0 0 .0 0 4 ,^ 6

8brioS teddO

p p QQO X f
L IA B lL iy lS ^ SCKPLOS AND FOND BALANCgg^

edhB-uia**J aI abjsv *H*
,*,,*,3 rseH

I . CURRENT FUNDS

SO.506*553 5 Y.90I *5

agnifoXinH me&zxB vitia^avlcxU

Vr

adnemdaevixl ToxidO

A. GENERAL^^,a1.j.1a/op <^s\ i ~ -- ~~ _

aTifaMTaawi jatot

A ocora^^^eyabie"

$ 30*185*47

an non cnr R eserve f o r P u rch ase O rders O u tsta n d in g

9 0 , 3 ^ 4 ^ KA0J TMdUTS JATOT

59*?0SO I`R eserve fo r U nearned Income

302,1+83.69

Reserve fo r B uilding A uthority R entals O ther R eserves

1+70,01+0.00
il+,906. 1I+

acmu TAjq asawM xamj

S u rp lu s

Pd. ^9+1,108 $

TOTAL GENERAL F U jg S y ^

1 , 4 5 4 , 4 7 n i farta brmH0ao sb O

( * 7<$?)

5a v a l

B . RESTRIC|gD0^ ^ ^ Q 4j; | 8S.0?.9*S?
Fund Lance

abm / 'iad&Q moi'i end aaaimxsvm jatot $ 21+2,177.11

TOTAL RESTRICTEDx| U ^ W s S |

0+i.85St 8V+i8S

C. AUXILIARY

Y<?.4Y4,809S

A ccounts Payable

88.4X 5.+J45.SI

Due t o 0 0 h ern F+m dsj ------ -- -----------

R eser v e f a r ?PUT^chase O rd e rs O u ts ta n d in g

v\o R eserve fo r U nearned Income

Reserve fo r S to re s

s Ot&er R eserv es

-S urplus

TOTAL AUXILIARY FUNDS

$

*a

agrsf faX.r.uS

agitihiIjulH ositi leiiio 3 Knamevoiqinl

f m3* 25 8.20

ineroq Lc/p3

s s .o s .r aaraam jatot

5 2 ,7 6 3 .14t
365, 196.79
i3,U 93.ai+
1 , 170. 521.61

gann IIMI JATOT 8TK3SA JATOT

i l . 71+5,01+8.50

TOTAL CURRENT FUNDS

+,31+7 , 671.89

I I . AGENCY FUNDS Due t o o t h e r Funds Fund B alance
TOTAL AGENCY FUNDS

4 ,0 7 9 .5 8 1+55,913.50

$ 1+39,993.08

I I I . ENDOWMENT FUNDS Due t o o th e r Funds Reserve fo r Purpose o f T ru st Fund B alance
TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Due t o o t h e r F unds Fund B alance
TOTAL STUDENT LOAN FUNDS

\ 8,41+6.17
1 2 7 ,9 9 7 .0 7
2 ,895,160.22

*m
>, 031, 603.4 6

\

7 3 8 .1 7

1 ,1 0 1 ,2 7 1 .7 8

A A 'H l

$ 1 ,1 0 2 ,0 0 9 .9 5

VM
39 08
*
1+6

V. PLANT FUNDS A UNEXPENDED

AI0H030 30 M3T3Y8 YTI3H37IiiU SSHUTIUPIJUaS (TdA 3MOOMX 3 0 YHAMMJ3

R e se rv e f o r S in k in g F\m<P99J ^9 9It/U 6 e ^ a 3 ^ g e ^ ^ o ^

Rind B alanoe __________

_____ ___ __ 79?.^9ll587

iiT O aaapt

a fcm/i d n e n uO

~noM leiidO ' x^& TLixuK lefioideoiibS I

XB/ofNYESTED 8Mi#LAli|iFfioid-BonbS s e a x ig ie d ir g Is ie iie O

------- -- 'TM X o an T T 8 3 ^ I ^ b ~ E n a'd ^ eW E "'FU^dsTM ^

X88 ,90Y ,8L<ifans P a y a b le t o S tu d e n t Loan Fluids
Bonds Payable 8 1 8 ,8 I7 9 ln v e $ Q i!^ fe in 1^309 48 I

*881 ,S 788,179

.0&toJig INVESTED IN PLANT

I8 4 ,9 2 S

S 9 T ,8 y

"1T T 61305 .5 4 l8 ^ ,g 9 |jlo |.0 2
85, 000.00 4 f0;g91.U 0
Ic ^
494,88s*

$ 1, 035, 998.62
3M0:
see d dilefejjdE Xb dnemm evoO eig to eO do ededE IU6, '7 ? 0 - 79^ tPIOwbn, *e addxO

808 88 TOTAL PLANT FTJND^28,8 8 9 7 ,8 3 3 ,1

988,89
897, 9334x

LIABILITIES, SURPLUS, AND IUSdT^LA^CES

980, 888*2

9 8 0 ,8 9 8 ,3

40Y,SSP,X
419*093

40Y,SS8,X
419, 09s

998,099

ooa^s

9s

yy8 , y49

799*794

TY oTY sgTssi 199,^4 ^ ^ q o iVq8 iT ^ W 7 yp^ I " ^ s ^ o sq M i

ssoxvieE bob ael-sb
a $ ^ 688^ 76.96
I Jf5!Fy K jBt a --= eiodadoo?
adcteaidieqA isrfdG
3M0DUI JATOT

848.184.1 I
489,288 898, 189*1 100,009 8Yi488,8 9Y9,YQY
8 0 8 .3 8 7 .1
408,+i8Ys
998, s4y i 0x8 , 491.2
88Y884I 84l,S 8
038,808

545.88
89Y0S
8X 9 ,8 4

Y28,888,X YS8,888,X|

889,8+4; 888,841

900.001

900,001

988.88

8 8 8 ,8 8

18Y,9x'4`,ss $ "88Y, 100, s |

24S89 I
88Y0S
819,94
'tiig .iiii

8 9 8 ,S4Y I 0X 8,481,2 8 8 Y884,1 8 4 1 ,2 9
038,808
e o o .g s a ,* 4

aaiiuritA q]'

JAH3U30 JAW0ITA0UQ3 .A

948.184.1 XBietieO & a v id a id a s.nlmbA

488,298
898.188.1 100,009

e iB lis W direbjbdE arroxdjsieqO d iisld
Y'JB icfiJ

971,499,8 8Y8YOY
8 0 8 .2 8 7 .1 4 0 8,48Y 2

noxdrrridanl darrl od . XeH aexdxvxdoA
do TQ9 a sfi iioxanedxS

332IH3H3Tr-i3 YFAIJIXUA .8

aexiodxanoQ

XXbH gnxnxQ

icd aio o S

adiiejrrd'iBqA

*ieridO
jAxoiTA O uaa-uopi hshto .0

aq+rfainlorioE

aqiiiaw olle'?

isridO

80PFJ? Td.4o.I3 .0

dnnX3 od anoidxbbA

beixdeH aaetfbedcfebnl

aaenbeddebnl id da& iedal
19 idO

S e i l . g s J . g i i 83HUTia[433X3 JATOT

95

-17-

UNIVERSITY SYSTEM OF GEORGIA SUMMARY OF INCOME AND EXPENDITURES
F or Y ear Ended June 30 1950

INCOME Student Fees Governm ental S ta te o f G eorgia O ther G ifts and G rants End owment S ales and S erv ice s D orm itories D ining H all B ookstore A partm ents O ther
TOTAL INCOME-

C urrent Rmds E d u c a t io n a l A u x i l i a r y O th e r Non- P l a n t & G eneral E n te rp rise s E d u catio n al Funds

T otal

6,709.381

$ 6,709,381

5,1+96,1+18 2 ,1 0 5 ,2 3 1

$ a * . 500 $ 15l+,900 5 ,7 1 5 ,8 1 8 50, 000. 2 ,1 5 5 ,2 3 1

263, 1*5l*
5 9 .6 8 5 1 ,2 2 8 ,7 5 6

7 8 ,7 5 2
6,823

229, 1*31

571,637
66,508 1, 228,756

1 . 037,362

1 ,0 3 7 ,3 6 2

2. 359.063

2 ,3 5 9 ,0 6 3

1, 922, 701* 230, 511*

l,9 2 2 ,7 0 i+
230, 511*

157,397

31*7,677

25

25,600

530,699

$ 1 6 ,0 2 0 ,3 2 2 5, 897.320 $ 150,100 $ 1*59.931 2 2 ,5 2 7 ,6 7 3

EXPENDITURES

A . EDUCATIONAL & GENERAL A d m i n i s tr a t iv e 5; G e n e ra l $ 1,1+91,81+9

S tudent W elfare P lant O perations L ibrary In stru ctio n

332,981+
1 , 561,696 500,001
6, 331*. 175

A c tiv itie s R el. to In s t. R esearch E xtension

707,379 1 ,7 6 2 ,9 0 8
2, 731*, 501*

B. AUXILIARY ENTERPRISES D orm itories D ining H all B ookstore

71*2,859
2, 19^,610 1 , 1+86,768

A partm ents O ther

92,11*8 308,620

C. OTHER NON-EDUCATIONAL

S cholarships

Fellow ships

O ther

C. PLANT HINDS

A dditions to P lan t

Indebtedness R etired

I n te r e s t on In d eb ted n ess

O ther
TOTAL EXPENDITURES $ 15. 1*25, 1*96 1*,8 2 5 ,0 0 5

$ 93.21*2 2 0 ,7 5 6 1*9,516
$ l6 3 ,5 l]+

$ 1,1+91,81*9 332.981*
1 , 561,696 500,001
6,331*. 17 5
707,579 1 ,7 6 2 ,9 0 8
2,731*. 50l*

71*2,859
2, 19i+, 610 1 , 1+86,768
92, 11*8
308,620

93. 21*2 20,756 1*9,516

$ 1 ,6 6 8 ,3 2 7 ll+9*535 100,005 83,999
$ 2, 001,766

1, 668,327 11*9,535
100,005
83.899 22,1*15.781

18V w "m

-18-

m
18H W
** ** vt & AA
.1 A 5* >>l*

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT SURPLUS
JUNE 3 0 , 1950

EDUCATIONAL AND GENERAL S u r p l u s , J u l y 1 , 19l*9 A d d itio n s! E xcess Income over E x p en d itu re s C u rren t Income R ealize d Add: In c re a se in A ccounts R eceivable D educt: In c re a s e in U nearned Income C u rren t Income Earned
D educt: C urrent E xpenditures Cash E xpenditures D educt: D ecrease in A ccts. Payable C urrent E xpenditures
E xoess Income o v er E x p en d itu re s Excess S tate A ppropriation over
Regents* A llo c a tio n T ra n sfe r from O ther Funds S u rp lu s , J u ly 1 , 19l*9, p lu s A d d itio n s D eductions: In c rea se in S urplus re serv es T ran sfer to P la n t Funds
T ra n sfer to O ther Funds Surplus A djustm ents
S u rp lu s, June 30, 1950

* 1, 170,525JlO
*16, 020, 321.9!*
3 8 ,5 1 7 .6 0 * 1 6 ,0 5 8 ,839.5U l61*,008.0L*
*15,89U ,831.50

*15,1425,1*96.21*
192, 868.56 *15, 252, 627.68
*

662, 203.82

50I+, 182.00 5, 602. 1*1*
*2,31*0,513.66 * 333*690.68
5 2 7 ,9 6 6 .3 5
500.00 23,886.30 * 886, 01*5.33
*1,1*51*,1*70.33

A : A 9
v4
V^
4*

AUXILIARY ENTERPRISES

S u r p lu s , J u l y 1 , 191*9

A d d itio n s: E xcess Income over e x p e n d itu re s

C u rren t Income re a liz e d

Add: D ecrease in U nearned Income

D educt: D ecrease in Accounts R eceivable

C u rre n t Income ea rn ed

D educt: C urrent E xpenditures

Cash ex p en d itu res

D educt: D ecrease in Accounts

P a y a b le

*l*7,l*8l*.60

Increase in In v e n to rie s

19, 021*.91

C urrent E xpenditures

E xcess Income ov er E x p en d itu re s

S u r p lu s , J u l y 1, 191+9 p l u s A d d itio n s

D eductions: T ran sfer to P la n t Funds

T ran sfer to O ther Funds

In crease in Surplus reserv es

Surplus A djustm ents

* 763,11*1.15
5.897,319.62 2 .3 5 6 .5 5 i 5.899.676.17 21*9,753.30 $ 5,61*9,922.87
$ I t ,825, 005.52
66,509.51
I 1*, 758,1*96.01
* 891, 1*26.86 * 1, 651*, 568.01 : 1*20, 1*1*5.03 7, 1*03.76 51, 733.78
1*,1*63.63 * l*8l*,0l*6.1*0

41

S u rp lu s, June 30, 1950

* 1 ,1 7 0 ,5 2 1 .6 1

%

vm
vr

o ft~

H, O '

LO
/X I

Ito-

fe

CDs O ' Qy\ ) n .i | t l
r
o fT /o0o

.OJ

--o-"I

I!A I co

j-fc jo

d'

H.

Institu tion

Hi I

UNIVERSITY SYSTEM OF GEORGIAf H f

if?!

y#=

STATEMENT OF EDUCATIONAL

GENERAL ISMft'

1/01 0 3 Q s m i C D - 0 -^3 O

o

_Fr^eay, Ended June 5 0 , 1950 C0O1 H

| O r'H ! O /X

\(~A a & ^T A X X i

!e l Cl,.

O r>i O "t -

3 tL -fc-

fjjfcudent Fees

I'jlat^ictflat^pn N on-tfisident Summer

Tuj^jpn

School

i/t L0

ryi
TXT

Qy

/O ---3 O

&

/O Fr--,

G ifts Grants A Endowment

0 -4 GoveninJtO

Others Than` ;

Sts(taH

S a le s and

AlloUmgQt

:sv ic es

O il

Other ,- V\

Totals

Internal - State

IncomsT:

Allotm ent

Total Inoome

5 ? W\75 o o 1

SENIOR UNITS U n iv e r sity o f Georgia - Athens
t A tlanta D ivision General Extension
Georgia I n s titu te o f Technology North Georgia C ollege G eorgia S ta te C o lle g e fo r Women Georgia Teachers C ollege Valdosta S tate C ollege
TOTAL SENIOR UNITS
Medical Medical C ollege o f Georgia
JUNIOR UNITS Georgia Southwestern C ollege West Georgia C ollege Middle G eorgia C ollege South Georgia C ollege Abraham Baldwin A g r io . C o lle g e TOTAL JUNIOR UNITS

772.707.2U UlU.lU% S5 121,3453+2
1,147,499.61 90,032.00 109,672.00 111,680.68 Ui,o4U.oo
$ 32,701.50 U3.9lU.39 23,556.lU U o ,153-51 3U.058.60

52S7669.72 2^ 31.93
1 .0 8 7 ,l|9 tj0 0 24.36& 02 2,fek,60 68, 9>8U l,q 88 80
------ ! ------}
$ 7,817.16 12,316-^98 i3,ibj+oo 17, t o . 09 12,024,79

$262,665.142 lll,23U .29
375,1+913+7 22,579+35 3U ,6^ ,j20 1+6, IO330I+ 6,59lgOO
$859.5214,77 L0

$ * 8+ .5 2 3 : 0 7 ,5# 5799
82, 015.01
X 4,3|t3t3^>
8 ,4 ^ 3 ^ nM z& yn 9,52n a-> 6, t n f t ix
$522,5pr?lfU

$ 66,319.51+1 283,177.29 $

62,619.68 3,300.00 3,000.00

20,709.71
57,790.88 l6 ,5 5 l+ .0 0

$135,239.02 $ 377,231788 $

.8.10-, $ 8U,363.56 $ 2,50 0 .0 0 $ ----------1----- r^y -----------------------

tA.

$ 785.00 $ 6 , 82U

O 5,099.77

5,807.60

Q' 3 , 571.00

399.70

Z. 1,359.00

630U .36

>776,737.53

2,459 .Uo M

# 1.U18.0U U,938.15
17,666.11

1+06,678.68



\n 57,0371- 26

$

/v i 2,1+55 ,776432

# 4 3 0 6 ,7 9 9 .0 0

#

,762,577.02

8,511- e x 7I+9 ,604*87 #2l+,655.00

87U.259.87

9,735*38 559.11+3.09

1+4,831 86|

,+gl3. ,095.81 ,39l+. 15

. ,,53,700.00
i }f9S*p53.00

266,795.81 ,197,1+47.15

100 63 +8 ,518.31 12 0 1 ,6 9 5 .0 0

350,213.31

6,722 75S <35 >232 ,666.93 -431,-211.00

663,877.93

1+.327 25 2^1257 ,097.93 I S--15J&90.00 261+...-.I..d....CD t 55 ,1+62.51 1 ^ 3 ^ 7 2 8 .0 0

^ 8 ,6 8 7 ,9 3 ^ 172, 19( ^ 1^

975.557.IS 1 2 , 801.O ^ ^ ^ l , 618.53 $fij8& 431. ,696, 01+9^3 ta

'3 F

!/"vt l/j !O

aT*w 0 O

11,655.35 $ 3.732.771$ ^ 8 3 .5 9 6 .0 1 $1 bfy, 929.00 $ 6 6 7 ,5 2 $ | l ;

$ 2,225>..13 $ 2 ,2 6 35..72 1,991L..50 ..
53,175US 1.685.U8 a . 33,173.1+8 $ 8 ,15.83 $g

51.771.26 7U.2U0.6l

71.U03.00 $ 99.119.00

U2.621.3U 66,127.96
107,855.39

71.091.00
. _ 88,155*00
88 120.00

3U2,6165 6 .,~ U l7 ,388..00 $

123+T7U2S60
1 7 3 .5 '5 9 ^ 1 ^ s 1 1 3 ,J12pU gS
15U,e82i96,3
195,975'. ^9<4
7 6 q^5QJ+.5/-

NEGRO UNITS Albany S ta te C ollege Fort V alley S tate College

$ 39.872.8U 7 5 ,158.8U

/O

03lllU+,,li+l7.^8.3155

fe3o7%S>3079.2.662

$ 5^5V 6
11<939S38

01333 .17 a

# 2 5 1 .66 $j.a 91.303.2o4 -26,UlU00 $ 217.-777`.;>-3

$ 2,666.06 $ 89.97U.35 #

U

`1.^5 ,90 2U 7.U 2U .1 ^L70,0$r.00

U17.UU8+T1^

Savannah S ta te C ollege

TOTAL NEGRO UNITS

$

EXPERIMENT A AGRICULTURAL EXTENSION Georgia Experiment S ta tio n C oastal P la in Experiment S ta tio n A gricultural Extension Servios

72,600 4^8
187,632 g g

^ 869l ,,080977..2700

61098.78
$130^+5.64,

20,<400*11
$ 38^96^25



R

,xi

cp at

> R

b-A

18,882.12

-1,755.33 .T2. ,96

21+1,837.28 4236,39,8.00

U 7 8 ,2 3 5 ^ 8 fi:.

$ 2,666.06 $ IQ8.856.U7 $ ,15^89.50 $a.9>0.52 $? 58Q#:56U.62$ -.532, .00 $ l,H3,U6ofcfei;ir+

q

co tp

i4

$ U2.23U.l6 $ 368,682.08 $ 37<99^2 $ ,7>+

2, 5/0 .00

to co ,.0.51+oq^9 cg,6S0

53,066.77 1,223,938ego cp >-s o> g

te 8x3

5 0 1 ,^ 0 .U3y> 31+1,271+5.00 $ 6 U 2,8lU ^3`

120:+621. 02;;) Cj85OOf.OO

305,621.02

,<S77ggl8.87b3 <UUU?OOg.OO 1 ,7 2 1 ,2 1 8 .8 7

TOTAL EXP. & AGRIC. EXT.
GENERAL Central O ffice S o il C onservation Committee Job E valu ation Survey

t tv co ul C_L t? O a H R

i: X >-1

cj.

<$ ~~1*

IV

T# "

Cr >4 to Hi

4 R O Q <x

<J> <4- ,4 B $4

Oa K g +Q q- X H* w

KF

>

& Cy

i/i r-te

O

$ 97,870.93

a a

a a !-- & h* Cj &



O $ 3,000.00

o

^ I ,^ 9 g 8 d jji? -T ' V 6 - , m . 'S S i ,69.65U .5g

O /y /O

CO je?

q

qa

3



+Q

Ha *

Ci. O h3 p Pv ?!$ ,4 1^ 7.9

"fc~> 0 O ,Q O X

bQ a C+ H jJ|

a H-

>

te



H.3Cd21890 $ 82+009.71 #

0E> g q .

2$f0J.0p 2 * 9 9 ^ ,^ .-

85,137.6i 25,000.00
2,990.29

TOTAL GENERAL

M ^3 ,0 0 0 .0 0

uQ tn. >

a i ig7-9d f

g



O 5> -- a H-

27^9C0~~^1 ^ 000.0PH$ i_,, 113. 127.90 4

GRAND TOTAL

57 $2,C D 5i23l^3 $ 1 ,228?7554+9 ^ 1 3 ^ 6 ^oJ^3!i^0^9UT-|t5f+96SUg.O>p $ p , 0 2 0,321.9U

a g

>

a

a a fH <r< 4

g

Hr 03

hP 3 MS

Hi g cr*



R

CqO Ma aa
0cs 0

C
q

Pv O
0& *cq?

HH
<a4- ^q0

HaO

Ht O,, a

IOXs[i t< * <gr*

a p.

3Q @

+ co

a C

? 4

a

0 H. se

oo XX

s4 CP CP 4 g CP g O 38

g

h3 t~3 q 0

H-

id 41

c hQ

a d

cr a C

P4 CO

CP h!
>CP 0g3;

>

41 ^ Mp

\JT -i- ^

%

>$r

+4 i.

P 4 V

i *

y* % f j P *

. -r T

- ""

"~4Samm,,`' 11

V *5^" r

'V w >

Q W
& - Jer r "V

4 V

x -r -er-'" *

In stru ctio n

SENIOR UNITS

1

U n iv e r sity o f Georgia - Athens

A tlanta D ivision

General E xtension

G eorgia I n s titu te o f Technology

North G eorgia C o lleg e

G eorgia S t a t e C o lle g e f o r Women

G eorgia Teachers C ollege

V aldosta S ta te C ollege

TOTAL SENIOR UNITS

MD
I Hi (am j^3
ru

fi V

o u

Sa m .f

r--ui

rlpo

"--1j/O H* O
c o l h . m am O - O COAH
Ofr f*AU/enU*C*D
m"` ' / p a - 00 H Hi

+4 W

* ^1?" ~ r
fcj Hi au ru am
4-%j H o am Q / o

a l h Hi / o O ' co /Q --3 10 CD * ni ta / p o

H. P |a - - 3

(/> 1 a Hi

Ht Ht

4 v -
w" ' l" ^ r

V

6.

kr

8A^UauH-fc_cro/vi /eurur --$ T h , au / o --3

CD--3/01 0 / 0 /O fcO ta A U AM AU /TJ O

r o O O O ' am --3 i* ,-s- , ? & *

t/3 DDAM 0 / 0 CH

CD O O t a O t -

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10 Hi

rHui

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h

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CU o --i CH --1 Ht t a . oc / o t o --j au

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lo O 3j 00 CD UNIVERSITY & s m ^ S ? GB$&IA

ta

STATEMENT F0ForEDYUeGaArTiIndNe LdAJNunDeC3E0N,EM19I5E0XPENDITURES

A j | ! Hi

tO /O O am

j h am

a

H,

Adm inistrt il and Generai

'`w S' ib P h y s ic a l torjsDO H, P la n t

,'t> Hi LO f"y\ L ib r a r y Q,< I n s t r u c t i o n Hi Ht --J

JO

ro t a

0 4 O AD t a

97015 4 jV v
,613 590 ,81*2185

$ IU $ 322,609 .21 I
9w 9 ! ? ? i o W 6' 08f o U

$193. 861.75 J p tiS ,

$1,922,1389.84 5 16 ,^ 0 6

925JEQ-J ,863 ite

i io i- t- am t a i 196
li o j 6 5 2 |0 4 * 5147,368

C"

1 ,7 9 1 4 ,4 ^ 7

o 6 3
,,267627[1i5S1J ,793IPSQ

g ^ | <P |9rJ63,899

4

(p

C

3

i2

7

fe '1-

X<*j9512,,798759

au ro 23,622

M p g $283

g } $1, 179, 5146'

177,718@?53 39I4. 38^49 * JL -2v3o76au 223, 60^:72
toJf O l^0V -9L 5^4j $5,19223,.114P69M^978

HO
CS H

t - O au H .--J Hi
WCD*t*- 9Hi

arou
n& i

CoH
CD

CO Hi --1 OJ CD O

f3 i

t a t a cd t a co

| av*

1i'A3V

O O CO c h O O /O CM

ActitiJIes --j Q/ 10 O
R e la ia d jto t _ fc^eiboh Instf&riion C^` 0 3 Os O

teuf /H /O O-'g

Wo}

Hi --

$1420Qt4.97 $ 262.i198.l4l

00 a 2 9 j'^ |j^ .% ^

I * 593, 812/71

H a / o H.-/Q c r ^ 4 0 '

I l a H i o / o a )t AM 0 / H. AM tS



j --j| O AD --3 ALI 10 m 1
T

lr > p
I Hit
Extension: "ligi
2 7 2 ,l+ || f
195,liil?.28I
I4.9L, i|^>
257.,775WffHS | 995.3&$4

T o ta l E x p en d itu res
o 3. 695. 29 152
7 3 8 - 9 1 O^ 2149^97.9^4
3,9l4021fNlp 32cr77c;9p9 653.6^7fS
36a^ 6a,2a3 I6 ? ltl8 9 j, | l 0, 124g ^ W S

MEDICAL M edical C o lleg e o f Georgia
JUNIOfe UNITS G eorgia Southw estern C ollege West G eorgia C ollege M iddle Georgia C ollege South Georgia C ollege Abraham B aldw in A g r ic u lt u r a l C o lle g e TOTAL JUNIOR UNITS
NEGRO UNITS Albany S ta te C ollege Fort V a lley S tate C ollege Savannah S ta te C ollege TOTAL NEGRO UNITS

$ 36,090

-<4 0 U D /O

a*/>i

$,,10^389.146 $ 290, 0jL9.39 1 loI--3 ali a --3 au

$ 1U9.658

I4J0S f A>$ H i23, 533.1*9 -9 0 $p~3g 8la 5i H $

3 W % ^30,976.U9Kjk^

/v ,

-~23. 936.89 H ,22,136.ll*

r--ilrfc~A-L*54a2S12!H82-3

H, 0 2 6 , 1+76.U3 Cd ! /D C05;83iL12a '

V rj%

1 $ 127. 059.V 4

$ 27,791.26 $

1+8, 4 3 .70 73, 172.76 58,8|+3.79 76,998.28 67, 2^3,10
32I+, 5&1.63

10

I 44.048 7537..592392
$ 175.510

g ^ ^ 2 6 ,5 2 3 . Ja92l ^ . . 69, 856.
, 7 l}93d / p am60, 915. ro

31:

^ 3 .5 7 .2 9 5 .

1 /ojT sa"1 H s3^50i>]Q
$

121,663.79 190,5l3.75 28l+,96.03
597. 1* 3. 57'

$197ly ? j.g l $,,, . 90, 982.77

! b ^ / am /
jj *



11-4 AMA > .M C D H

Y il Irr

^2 .>;?$

1 j m m
S.AUJ O O ' W f.

$ 314^.97

p-CH

3U.1 5 ^ .5 7 ............

j0 t

lo au
ira n

tma

au
io

ma

1886S.75 . .

AM*

6,g74'39- kP au ry - i

7#>l49
Th J
Ili 14,847.0$
IIaj i
17,66fc5l 2 2 ,5 1 0 4
4 .7 0 ^ 4 56,2l$7'| 9,124.40
70,1$.

$ 67ff27Sj6jgj
wS M K
* 11106095^
15333f-453^
1 1 2 ,6 8 0 _.2 5 -* U43tl35'40? > 183i.^97.:9 ^
t 70l44i09-i3^
93 t
t 209 6fe 1+12, 1416^83 1+68, 18^61
$ 1, 090. 551&5

EXPERIjJENT A AGRICULTURAL EXTENSION G eorgia Experiment S ta tio n C oastal P la in Experiment S ta tio n A gricu ltu ral E xtension Service TOTAL EXP. A AGRIC. EXTENSION
GENERAL Central O ffice Job E valu ation Survey S o il C onservation Committee U n iv e r sity System Survey TOTAL GENERAL
GRAND TOTAL

Ui,965
12210,,705888 $ 183,812
82, 015.35 3, 990.29
1+2, 727.90 128, 733.514 1 , 1)91, 8-1-+-8--.-8T1,,

O LO-

/"Vii LO --* O CO

10 14 ' 2 9 , 282. 13

18, 676,

1+, 562.35

\rn O A l-- J H O

OO

\- : $ r * to # ^ 0 v ^ 9 .8 o JO
251, 896. 1 3 '

1 ,629, 8m . 5T[

^ $ 10, 309. 8^

$ ,4:810, 735.93

,6 2 9 ,8 e .5 7

<D

Q <D Hi cb

Hi O Od
HO

O

H

tOq --O CqD-~Hai-

- - (3- 0 -

$332,

.
s> 1O-9
h9

^CC&tJ<2o$DO3, ctH<H<J5o543tt1-e*.M0uHa15Qt<5o3rt,6-1IhMSa0,H33695.8

8

o



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CW

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Ht

0

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Hi

S

o

0

h.

a

0

35 - 0x5

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Hi Ori

0



!-P

Ht) $? 9-4 fcq O Hl O b , 0 f-i-

15. 870.12

O O H Ml Ori O H- >

Hl PHPS Hi (Id --4 ----Hi---

1 5 ,8 7 0 .1 2

cd
P-i 4O-9

Ht O Ht Cf*
HatUtJto:o>$a3-.r5'Y0*OCtOMoJV0rJ-,,2*H<tOctoirr)iliOttC0joorfLl21M'*(1;:*ig

$6 , 3314, Hi
dl tQ
,O--j
A-J "4

171h 57 b 0 4-1 to 0 K* tr gto

fa p> O ii f--i g&3

I

707.

3 9 .

-Ht

6-, CO

> 1-3

to

O 4-9

<+ ca

O

tr

H<to4i

ojtJoIC*376,'9e ?

t*a2o.1

ato

to
0

C

Cf.

ci

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to

to

r4 O

to

Op

O

.
Cto4.
p Hi a 5>

*CS---$25^ 3U ,50U-21
p H# 0 * 1 H*
Cl

$ 63583U.91 296. 923.U9
1. 7149, 9140.76 $ 2, 682, 699.16
82, 015.35 3, 990.29 15, 870.12 142, 727.90 F ~+I+, 603.65
$15, 1425, 1496. 21+

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME
FOR YEAR ENDED JUNE 3 0 , 1950
D orm itories D ining H all B ookstore A partm ent s O ther

T otal


*\ -
Aj
ui
!w

SENIOR UNITS U niv. o f Ga. - A thens $
A tlan ta D ivision Ga. I n s t, o f Technology N orth Ga. C ollege G a. S t a t e C o l. f o r Women Ga. T eaohers C ollege V aldosta S ta te C ollege
TOTAL SENIOR

3 2 8 ,1 5 9 .3 1
31+0, 617.03
1*1.1*95.25 87,575.91* 1*5.252.05 30,1*31**82

1*1*2, 1*27.17
5 5 3 ,1 9 1 .8 2
li+2, 588.60 296. 017.95
1 8 0 ,5 8 5 .3 1 80,91+3.96

b

1*92, 285.76 163, 76!+. 18

L1
80,830.51 l,3 l* 3 ,7 0 2 .7 5 v 1*5.595.77 2 0 9 ,3 5 9 .9 5

892,735.12 175,000.33 8 5 ,1 1 5 .2 3 2,01+6,659.53

1

55, 1*58.38 16, 622.98 1*7,1*70.97 303, 636.18 K

2 7 ,3 9 9 .3 9 9, 81+6.00 l+ l,8ll+.26 1*62, 653. 51* .1I l (

1+5,101.91* 3,61*7.00 8, 361. 1*5 282,91*7.75* 1 ' \

1 0 ,6 1 9 .3 7

121, 998. 15v I a

5557irong"

MDICAL M edical C ollege o f Ga. $

+1+, 5 2 8 .8 5

+ ,795.2 6 1+9.321+.11:

JUNIOR UNITS

Ga. S outhw estern C ol. $

W est Ga. C ollege

M iddle Ga. C ollege

South Ga. C o lleg e

Abraham B ald . A g ric . Col

TOTAL JUNIOR

T

1 8 ,5 2 0 .1 6
26,1+05.1+1+
ll+ ,3l+6.00
2 1 ,5 9 1 .3 2 2 2 ,1 9 6 .1 5 1 0 3 ,0 5 9 .0 7

67, 86!+.57
9 1 ,7 3 6 .7 7
U 8 ,0 8 0 .6 0
85,3++.59 9 l+ ,l3 0 .7 2 3 8 7 ,1 5 7 .2 5

25,91+1.17
1 3 ,1 3 9 .3 1
22, 653.1+0
2 2 ,1 5 7 .7 7 20, 8 2 1 + .8 5
10l+,7l 6.50

+,762.13
5, 121.60 6, 139,39 16, 023.12

13, 61+5.08
277.75 2 ,0 7 7 .3 7
16, 000.20

1 1 7 ,0 8 8 .0 3
lU + ,926.60 4 I *
90,1+79.35 ,, 1 3 1 ,1 7 1 .0 5 ^
11+3, 291. 1 1 -r
"06,956.11+'.

*3 i*> a

NEGRO UNITS A lbany S ta te C ollege F t. V alley S ta te C ol. Savannah S ta te C ollege

TOTAL NEGRO

$

17,1+03.19
2 2 ,7 8 9 .2 8
2 0 ,5 7 5 .7 0
60, 768.17

6 1 ,1+0 1 .3 0
1 1 3 ,3 1 3 . 101,1+35.95
276, 150.88

9,526.1+3 15,81+9.36 60,718.1+3
86, 091+.22

5,111.13 8,768,17
1+, 263. 1+1+ 8 ,9 2 5 .5 1 9, 37+. 57 17, 693.68

88,330.92 >
165,831.57 * 195,919.03 f
1+50, 081.52 V

GRAND TOTAL

1,037,3 6 1 .6 1 + 2 ,3 5 9 ,0 6 2 .9 1 + 1 ,9 2 2 ,7 0 3 .7 1 230, 51I+.OO 31+7,677.33 5 .0 9 7 ,3 1 9 .6 2 ,4

G]

- 22-

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF CURRENT AUXILIARY EXPENDITURES

;

FOR YEAR ENDED JUNE 3 0 , 1950

D orm itories D ining H all B ookstore A partm ent s O ther

T otal

^ SENIOR UNITS

. U niv. o f Ga. - A thens
spit-
A tlanta D ivision

Ga. In st* o f Technology

North G eorgia C ollege

Ga. S t a t e C ol* f o r Women

Ga. T eachers C o lleg e

V aldosta S ta te C ollege

m

TOTAL SENIOR

227, 587.15 1*35. 156.26 3 7 7 ,5 2 7 .7 3

7 3 ,5 5 6 .7 8 1,113,8J?7.92

180,1+25.65

6 ,1 2 7 .7 0 186, 555.35

169, 51!*.75
3 5 ,0 5 8 .7 8

519, 87l *.81
1 3 7 ,6 8 6 .5 0

563 ,6 7 5 .7 8 5 8 ,1 7 8 .7 5 7 8 ,5 1 2 .8 5 1,389,756.91+
1+5,612.71 5 ,3 7 3 .2 6 55,1+81.31+ 279, 212.59

7 5 ,2 8 2 .7 7 2 6 3 ,2 2 3 .9 6 23, 2l+l+.22 3, 21+7 . 1+2 3 5 ,3 7 5 .6 8 l+oo, 37I+.05

1*8,165.81* 1 6 2 ,5 7 3 .0 7 1+1,1+33.1+8 5,72l+ .09 12, 073.82 269, 970.30

W+.319.35 6 3 ,7 3 5 .5 1

9,600.31+

1 1 7 ,6 5 5 .2 0

5 9 9 .9 2 8 .6 U 1 ,5 8 2 ,2 5 0 .1 1 1, 21+1, 519.91 72, 523.52 261, 128.17 3, 757, 350.35

|f- MEDICAL

M ed ica l C o lle g e o f Ga,



1+5,1+68.92

5, 11*8.67 5 0 ,6 1 7 .5 9

JUNIOR UNITS

Ga. S outhw estern C ollege $ 23,177.13

L West G eorgia C ollege M iddle Ga. C o lleg e
L S o u t h Ga* C o lle g e

21,328*79
1 3 .7 7 5 .8 3 1 5 ,2 0 0 .8 7

Abraham B ald . A g ric . Col] e g e l8 ,2 26.95

TOTAL JUNIOR

91, 709.57

60,125.9U 77,112.1+2 1+8,680.23 65,1+56.81
92J+ 1U.30
31*3.789.70

3 0 ,3 3 2 .9 5 i+, 650.23 12. 369.21 21.2U.1+6 1+, 6 2 2 .7 0 19. 258.21 1 8 ,8 7 1 .5 1 1+,986.51
102, 256. 3U 1U ,259.I+I+

II+ 166.19 286.60
1, 886.69
8,1+82.21+
2l+,821.72

118, 286.25 I 2I+,976. 6
8 8 ,7 8 9 .8 2 1 0 1 ,8 0 2 .5 8
11+2,981.51
576, 836.77

NEGRO UNITS Ia Albany S ta te C ollege
F t. V a lle y S ta te C ollege ^4 S avannah S t a t e C o lle g e
TOTAL NEGRO

$ 16,1+37 *1+5
18, 012.26
1 6 ,7 7 1 .5 0
$ 51, 221.21

65,605.1+3 1 0 2 .6 0 7 .3 9 1 0 0 .3 5 7 .3 9 2 6 8 ,5 7 0 .2 1

8, 669.02
1 5 ,1 5 8 .1 2 7 3 ,6 9 5 .9 6
9 7 ,5 2 3 .1 0

3. 500.01 1, 865. 31* 5, 365.35

6,l*3l*.97
11, 085.97 17, 520. 9!*

9 0 ,7 1 1 .9 0 11+5,712.75 2 0 3 ,7 7 6 .1 6
1+1+0,200.81

.62 I GRAND TOTAL

71*2,859.1*2 2, 19+, 610.02 1,1+ 86,768,27 92,11+8.31 3 0 8 ,6 1 9 .5 0 *+, 8 2 5 ,0 0 5 .5 2

4

-23-

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF OTHER NON-EDUCATIONAL INCOME
FOR YEAR ENDED JUNE 3 0 , 1950

SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s titu te o f Technology
Ga. S t a t e C o lle g e f o r Women

G i f t s 9c

S tate

Endowment G ran ts A llo tm e n t

* 500.00 10,766.63 i,557.oo 35, 185.39 4,765.70 1,000.00

O ther T o tal
11,266.63 36.7u2.59 5.765.70

NEGRO UNITS F o rt V alley S ta te C ollege

2, 800.00

2, 800.00

GENffiAL ACTIVITIES G raduate E ducation fo r Negroes R egional C ouncil on E ducation
TOTALS

61+, 500.00

614,500.00

29,000.00

25.35 29,025.35

| 6, 822.70 78, 752.02 61+, 500.00 25.35 150,100.07

STATEMENT OF OTHER NON-EDUCATIONAL EXPENDITURES FOR YEAR ENDED JUNE 3 0 , 1950
Fellow ships S cholarship s

O ther

n T o t a l < A'4

SENIOR UNITS U n iv e rsity o f G eorgia Ga. I n s t i t u te o f Technology Ga. S t a t e C o lle g e f o r Women
NEGRO UNITS F o rt V alley S ta te C ollege

$ 1,000.00 8, 882.28 17. 735-iU 18,762.61+ 3,069.00
2,023.00 800.00

600.00 665.82

A) m

10, 1+82.28 ^

i ij*

37,161.60

3,069.00



2,823.00 p 1

GENERAL ACTIVITIES G raduate E ducation fo r Negroes
R eg io n al C o u n cil on E d u ca tio n

61, 728.17

'.
61, 728.17

t'
f

* ft
5+

1+8,250.00 1+8,250.00

TOTALS

$20,756.iU 93.2U2.09 U9. 515.82 l 63, 5lU.05 IV

-V kV

- 24-

(y
m
70 4 I
00

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPBJDED PLANT FUND INCOME
FOR YEAR ENDED JUNE 3 0 , 1950

SENIOR UNITS U n iv e rsity o f G eorgia Ga. I n s titu te o f Technology N orth G eorgia C ollege Ga* S t a t e C o l. f o r Women

S tate A llotm ent

G ifts and
G rant s

Govern m ental O ther Than S tate

Sale of P lant
A ssets

O ther

T otal

4 5 .0 0 0 .

00

229,1+30.67

9 ,5 0 0 .0 0

15. 000.

00

5 0 ,0 0 0 .0 0

1 6 ,8 1 8 .6 5

6 1 ,8 1 8 .6 5

3,5 0 0 .0 0 281.25 283,211.92

9 ,500.00
15, 000.00

00

JUNIOR UNITS

35

Ga. S outhw estern C ollege

1 6 ,5 0 0 .0 0

07

South G eorgia C ollege

1 1 ,9 0 0 .0 0

Abraham Baldw in A g ric . C o lle g e 1+,000.00

16, 500.00 11, 900.00
4 ,0 0 0 .0 0

EXPERIMENT STATIONS G eorgia E xperim ait S ta tio n Ga. C o astal P la in Exp. S ta .

53,000.00

5,000.00

5,000.00 53,000.00

TOTAL

$154,900.00 229,1430.67 50,000.00 25,318.65 281.25 459,930.57

05 ,4

-2 5 -

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES

Plant Additions

Buildings & Improvements

Land

Additions Other Than

_______ To Buildings Buildings Equipment

Indebtedness Retired

Interest On Indebt-
edness

Other Expenditures

T otal

SENIOR UNITS U n iv e rsity o f G eorgia A tlanta D ivision
Ga. I n s t , o f Technology N orth G eorgia C ollege Ga. S t a t e C o l. f o r Women Ga. T eachers C ollege V aldosta S ta te C ollege

ft 598.40
2 6 ,4 7 9 .7 9 2 ,0 0 0 .0 0 2 ,5 0 0 .0 0

8 5 2 ,5 1 1 .9 5 2 ,1 4 1 .7 6
3 9 9 ,9 0 0 .4 1 3 1 ,3 8 1 .7 3 6 2 ,9 7 7 .4 3 3 ,0 4 2 .0 0 4 ,7 6 9 .7 0

4 5 ,8 1 9 .5 1
3 7 ,5 5 3 .8 8 638.20
2 ,8 0 3 .7 6

2 9 ,2 4 8 .2 3 1 3 ,1 1 5 .0 0

66,250.71 313,664.19

3 ,0 9 4 .6 7

851.91

9,546.28 3,530.53

1 3 ,2 8 8 .4 1
79,877.29 47,771.41 1 ,1 3 7 .8 4 3,875.00 14,769.27

9 4 0 ,8 6 8 .1 0 1 5 ,8 5 5 .1 6
7 7 1 ,4 9 7 .6 8
3 9 ,1 0 4 .3 5 9 7 ,1 9 8 .5 1
5 ,8 4 5 .7 6 4 ,7 6 9 .7 0

MEDICAL M edical C ollege o f Ga.

JUNIOR UNITS

Ga. Southw estern C ollege

West G eorgia C ollege

i

M iddle G eorgia C ollege

o>

South G eorgia C ollege

Abraham B ald . A g ric . C o l.

3 ,5 6 8 .5 8
1 4 ,5 7 5 .3 4 3 ,5 6 4 .4 3 7 ,6 3 3 .7 0 6 ,5 1 2 .3 4

4 ,1 5 1 .2 1

1 ,0 7 7 .5 1

3,071.27 10,631.88

673.60

7 1 4 .6 4

7 ,7 1 9 .7 9 1 5 .6 5 2 .8 5
3 ,5 6 4 .4 3 2 1 .3 3 6 .8 5
7 ,9 0 0 .5 8

NEGRO UNITS F o rt V alley S ta te C ollege
Savannah S ta te C ollege

4,986.16 4,323.28 5,417.59 3,315.96

1 ,0 8 7 .7 0 1 ,1 5 2 .6 0

961.55 21,358.26 864.40

3 2 ,7 1 6 .9 5 1 0 ,7 5 0 .5 5

EXPERIMENT STATIONS G eorgia Experim ent S ta tio n
Ga. C oastal P la in Exp. S ta,

3 ,5 0 0 .0 0 2 3 ,4 8 4 .4 8

3 ,5 0 0 .0 0 2 3 ,4 8 4 .4 8

TOTAL

ft3 1 5 7 8 .1 9 1 .4 2 9 .9 6 7 .6 0 1 0 2 .3 5 0 .6 7 1 0 4 .4 3 0 ,6 9 U 9 . 5 3 5 . l 6 1 0 0 ,0 0 4 .4 9 8 3 ,8 9 8 .9 4 2 ,0 0 1 ,7 6 5 ,7 4

-4 \

-i:

? j | **



A

%

?h>

m

m

A

Jt f ; i

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^

qt



M I 3 l

R E G E N T S A L L O T M E N T A C C O U N T St GENERAL A C T I V I T I E S FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , 1950
-27

+V

REGENTS ALLOTMENT ACCOUNT

BALANCE SHEET

June 30* 1950

ASSETS

GENERAL Cash in Bank Due from Savannah S ta t e C o lle g e Due fro m U n i v e r s i t y S ystem B u i ld i n g A u t h o r i t y

TOTAL ASSETS

LIABILITIES
GENERAL A ppropriated fo r B uilding R entals U nappropriated Surplus
TOTAL LIABILITIES AND SURPLUS

. 5 2 8 ,3 5 3 .1 9
38 000.00 15. 000.00 581, 353.19
t l*70,Ci*0.00
1 1 1 ,3 1 3 .1 9 * 581,353-19

STATEMENT OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30. 1950

A. RECEIPTS S ta te of G eorgia R egular A p propriation S pecial A ppropriation S p e o ia l A p p ro p ria tio n - Animal D isease Lab. I n te r e s t on C o n s titu tio n a l Debt TOTAL APPROPRIATION FROM STATE OF GEORGIA

5*170,000.00
1 ,0 0 0 ,0 0 0 .0 0 50, 000.00 8, 000.00

$ 6,228,000.00

-vii

Refunds on A llotm ents fo r P revious Y ears: U n iv e rs ity System Survey C o n stru ctio n D epartm ent R egional C ouncil on E ducation TOTAL REFUNDS

12, 1+00.00 1+.55U.17
29, 000.00
$

1+5.931+.17

T ra n sfe rs from U n its o f U n iv e rs ity System Revenue C o lle ctio n s TOTAL RECEIPTS

B. DISBURSEMENTS

To U n i t s f o r E d u c a t io n a l & G e n e ra l O p e r a tio n s

Revenue C o lle c tio n s

$10,31+1.588. 2l+

Regents A llotm ent

' 5,+96,1+18.00 $ 1 5 ,8 3 8 ,0 0 6 .2 1 +

To U n i t s f o r P l a n t A d d i t i o n s

------ ------ --

15l+,900.00

To U n its f o r O th e r N o n -E d u c a tio n a l A c t i v i t i e s

61+,5 0 0 .0 0

To U n i v e r s i t y o f G e o rg ia Endowment Fund

8 ,0 0 0 .0 0

Advance to Savannah S ta te C ollege

3 8 ,0 0 0 .0 0

Advance to U n iv e rs ity System B u ild in g A u th o rity

1 5 ,0 0 0 .0 0

v9 i

TOTAL DISBURSEMENTS

-------------------------

Excess o f R eceipts over D isbursem ents

Cash B a la n c e , J u l y 1, I 9I+9

Cash B alance, June 30, 1950

$ 10, 3U l, 588. 21+
$16,615,522.1+1
$ 16, 118, 1+0 6 . 21+
$ 1*97,116.17
3I . 237.O2
$ 528,353.19

-2 9 -

GENERAL ACTIVITIES BALANCE SHEET June 30# 1950

GENERAL Cash in Bank

ASSETS

TOTAL ASSETS
GENERAL S urplust C entral O ffice S o il C onservation G raduate Education R egional C ouncil
TOTAL LIABILITIES & SURPLUS

LIABILITIES

STATEMENT OF CURRENT INCOME F or Y ear Ended Ju n e 30# 1950
A. EDUCATIONAL AND GENERAL G overnm ental - S ta te of G eorgia R egents C en tral O ffice S o il C o n serv atio n Committee Job E v alu atio n Survey TOTAL GOVERNMENTAL

G ifts and G rants Regents C en tral O ffice

O ther Souroes I n te r e s t on Temporary Investm ents U n iv e rs ity System Survey
TOTAL EDUCATIONAL A GENERAL INCOME

N on-Incom e T ra n sfe r from U n iv e rs ity o f G eorgia Job E v alu atio n Survey T ra n sfe r from Ga. I n s t i t u te of Technology Job E valuation Survey
TOTAL EDUCATIONAL A GENERAL RECEIPTS

B. OTHER NON-EDUCATIONAL G overnm ental - S ta te o f G eorgia G raduate E ducation fo r Negroes

G ifts and G rants R egional C ouncil on E ducation

O ther Sources I n t e r e s t on Tem porary In v estm en ts R egional C ouncil on E ducation
TOTAL OTHER NON-EDUCATIONAL INCOME

TOTAL CURRENT INCOME TOTAL NON-INCOME RECEIPTS
TOTAL CURRENT RECEIPTS -30-

i48.519.9u U8.519.9u

y >A%
;I yl
|g a --Ajii.

16,371.65 9,129.88 22,21+3.06
775.35

ue.519.9U U8.519.9U ------------ --

!H
v m *9

82,009.71

25,000.00

2,990.29 m o , 000.00

>9

$ 3,000.00
I
127.90 n3.127.90 1V

500.00

.1H

500.00

y.

U U .12 7 .90

>

61+, 500.00

AI

/I

# 29,000.00

r*fll

9

25.35

93.525.35 r I

1"



206,653.25

1,000.00

*207,653.25

-H _rtll

-#ll

| ,Jk jM | fc.
\ ki

GENERAL ACTIVITIES STATEMENT OP CURRENT EXPENDITURES
For Year Ended June 30, 1950

A. EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL Regents C en tral O ffice Job E v alu atio n Survey U n iv e rs ity System Survey
TOTAL ADM. & GENERAL

T otal

O bjeot C la s s ific a tio n

O perating

P ersonal S upplies &

S ervices

Expense Equipment

* 82,015.35 3,990.29
1*2,727.90 *128,733.51+

| 61+.979.29 3,598.60
35.571.30
*lolt,ll*9.19

16,869.56 391.69
7,156.60 I 2U,1*17.85

166.50 166.50

EXTENSION

yk

S o il C onservation

15,870.12 10,1*11.26 1*,980.86 1*78.00

TOTAL EDUC. GENERAL EXPENDITURES 11^,603.66 in*, 560.1*5 * 29.398.71 61*1*.50

?f I

NON-EXPENSE

*S

T ran sfer to A llotm ent Acoount

U n iv e r s ity System Survey*

$ 12,1*00.00

C o n stru ctio n D epartm ent

I*,53l*-17

TOTAL EDUC. & GENERAL DISBURSEMENTS *161,537.83
iA

B. OTHER NON-EDUCATIONAL

J* 'H

G raduate E ducation fo r Negroes

| 61,728.17

hm

R egional C ouncil on E ducation

1*8,250.00

61,728.17 1*8,250.00

TOTAL OTHER NON-EDUCATIONAL EXPEND. 109,978.17

*109,978.17

f
?o y S vi 4

NON-EXPENSE T ran sfer to A llotm ent Account R egional Council on E ducation
TOTAL OTHER NON-EDUCATIONAL DISB.

29,000.00 158,978.17

Hit' W-

TOTAL CURRENT EXPENDITURES

*251+, 581.83 ill*, 560.1*5 *139.376.88 61*1*.50

--f

TOTAL NON-EXPENSE

h9

TOTAL CURRENT DISBURSEMENTS

l*5.93l*.l7 300,516.00

-31-

GENERAL ACTIVITIES STATEMENT OP CHANGES IN CASH BALANCES
Y ear Ended Ju n e 30 1950

Regents Central Office Soil Conservation Committee Graduate Education Job Evaluation SurveyUniversity System Survey Regional Council on Education Construction Department
TOTAL

Balance
July 1, I9I49 Receipts

Disburse- Balance
ments June 30 , 1950

13,377.29
19.ltfl.23 55,000.00 l+9,ooo.oo U.53U.17

$ 85,009.71 25,000.00 6+,500.00 3 ,9 9 0 .2 9 27.90 29, 0 2 5 .3 5

* 82,015.35 15, 870.12 61,728.17 3,990.29 55, 127.90 77,250.00
u ,53^.17

16,371.65 9,129.88 22,21+3.06
775.35

$11+1, 382.69 207,653.25 $300,516.00 U8.519.9U

-32-

i1

AH fiK ^ ` A
1A AM A
V '4
^*
Al | ^ #1

T H E U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT
For th e Year Ending June 30# 1950
The U n iv e rs ity o f G eorgia A thens9 G eorgia
-33-

THE UNIVERSITY OF GEORGIA Athens, Georgia

President Jonathan C* Rogers The University of Georgia Athens, Geo rgia

Dear President Rogers* I am submitting herewith my annual report as Comptroller and Treasurer

of t h e U n i v e r s i t y o f G e o rg ia , f o r t h e f i s c a l y e a r e n d in g Ju n e 30 ^950# w h ic h co n

sists of the following schedules* Balance Sheet ........... Summary of Current Income Statement of Educational and General Income Statement of Auxiliary Enterprise Income Statement of General Extension Income . Statement of Other Non-Educational Income Summary of Current Expenditures . . Statennt of Educational and General Expenditures Statement of Auxiliary Enterprise Expenditures . Statement of General Extension Expenditures . Statement of Other Non-Educational Expenditures Statement of Operations of Restricted Funds . Statement of Trust Fond Balances . Statement of Trust Rind Balances by Rinds Summary of Trust Fund Investments Detail of Endowment - Governmental Bonds Detail of Endowment - Stock Common Detail of Loan Fund - Governmental Bonds . Detail of Loan Fund - Stock Common ...........

S chedule "A" S c h e d u le "B" S c h e d u le "Btt-1 -A Schedule "B *-l-C Schedule nB "-l-B Schedule *B"-1-D Sohedule "C" S c h e d u le WC "-1 -A S o h ed u le "Cn-1 -C S c h e d u le *CW-1 -B S ohedule "Cn-1-D S oh ed u le "D" Schedule "E" S c h e d u le wEtt- l Schedule " "-2 -1 S c h e d u le "Ew- 2 - 2 S c h e d u le mEh- 2 - 3 Schedule "En-2-U S c h e d u le En-2-l+

-34-

P re sid e n t Jonathan C. Rogers

S ta te m e n t o f R e c e i p ts and D is b u rs e m e n ts T r u s t Funds S c h e d u le nEw- 2 - 5

S tatem en t o f Changes in Cash B alances S chedule *F"

S tatem en t of Agency Funds

S o h e d u le " Gn

S ta te m e n t o f U nexpended P l a n t Rands ............................. S c h e d u le ttHn

S ta te m e n t o f In v e s tm e n t i n P l a n t . .............................. S c h e d u le "H**-!

R esp ectfu lly subm itted,

D ated At A thens, G eorgia Septem ber 1 , 1950

J D* B o lto n C om ptroller



-35-

COMMENTS
SCOPE T h is r e p o r t i s made on a cash r e c e i p t and d isb u rse m e n t b a s i s , w ith th e e x c e p tio n o f
th e B alan ce S h e e t, 'which r e f l e o t s a l l known a s s e t s and l i a b i l i t i e s , in c lu d in g b o th a c c o u n ts re c e iv a b le and accounts p ay ab le.
T his re p o rt covers only th e U n iv e rsity of G eorgia p ro p e r, a t A thens, G eorgia and does n o t in o lu d e^th e A tla n ta D iv isio n , A g ric u ltu ra l E xten sio n S erv ice and th e Experim ent S ta tio n s In d iv id u a l6 re p o rts ^ w ill b e s u b m iU e ! by fe e , ag en cies inasm uch as t h e i r acco u n tin g reco rd s are e n tire ly separate.
EDUCATIONAL AND GENERAL

INCOME

The fo llo w in g t a b l e r e f l e o t s co m p arativ e income and p e rc e n ta g e s o f inoome to th e t o t a l

fo r a th ree year p erio d .

Source
S tudent Fees Endowment F ed eral S tate S ta te D epartm ent H ealth O ther S ta te s V ocational U. S. Navy R esearch C larke County O ther C ounties G ifts and G rants R en ts O ther V et. Guidance

191+7-1*8 Amount Per c e n t

2, 513,527
21,220
86, 1+35
75U,U90

66.75
.61
2.1+9 21.77

120,802 8,2L+8
25,812
85.297 2 ,2 7 5 1+.121+
1+3.528

3.1*9 .21+
7U
2.1+6
.07
.12
1.26

19U8-U9 Amount P e rc e n t

1.981*, 231 16, 1+00
82,61+1 1 ,0 7 7 .0 0 0
l,li+ 2

56. 6O
.1+7
2.36
3 0 .7 2 .03

131.093
11+.987 2 9 ,0 9 5

3. 71+
A3 .83

9 U .3 5 5 1,1*51
38,533
3U.768

2.69
.oU
1.10
.99

19+9-50 Amount P e rc e n t

1.61*3,565 17,700 88,01+2
1, 306,799 3,368 2,250
11*7 .1 7 1 7 , 91*1*
28,782 l+,620
' 1*8,619 2,23l*
22,1+26
32,377

1*8.97
.53 2 .6 2
3 8 .9l+ .10
.07
u .38
.21+
.8 6
.11+
1 . 1*5
.07
.67 .96

TOTALS

$ 5,1+65,558 100.00 15 505*696 100.00 $3*355 997 100QQ

EXPENSES The fo llo w in g ta b le p re s e n ts a com parison o f E x p e n d itu re s f o r E d u c a tio n a l and G en eral
purposes fo r four y ears.

Function

191+6-1+7

A dm inistration G eneral
P lan t O perations L ibrary In s tru c tio n (N et)
Research (N et) S ervices R elated to W4-ar>einn ( ^
S u b -T o tal
uuuiay

In stru ctio n

$ 91+.886

124,1+1+1 l20l+733

(N et)

o il +1,243
155,311+

2,121+, 385
229,527

TOTALS

2. 353.912
-36-

191+7- 1*8
11*5,329
114+.377
318,027
180,395 1 ,6 7 5 ,6 2 6
162,679 5.901
21*1,857 2 , 871*. 191
988,373
$3,862,561+

191+8-1+9
161,989 ll+ l,6l8 367,01+5 191,255
1 ,8 2 9 ,0 1 0 237,969 13.972 271+.351*
3 ,2 1 7 ,2 1 2 799.950
tli.0 1 7 ,1 6 2

I 9U9-50
$ 135,688 165, 1+28 310,122 186,061
1 ,8 5 2 ,6 3 1
232,900
5U.51U
233*^+76
3 ,1 7 0 ,8 2 0 117.799
3 .2 8 8 ,6 1 9

The following table centages to the total.

is a

com parison

of

th e

proceeding

e x p e n d itu re s ,

expressed

in

per--

F u n ctio n
Administration General Plant Operations Library Instruction Research Services Related to Instruction (Net) Extension Outlay
TOTALS

P ero e n t 1946-47
4 . 53 4 .0 3 12.97 5.29
51.18
3 .9 0 1 .7 5 6 .6 o 9 .7 5
100.00

P erc en t 1947-48
3 .7 6
3. 7I+ 8.23
4 .6 7 1*3.38
4 .2 1
.16 6.26
2 5 .5 9
100.00

P ercen t 1948-49
4 .0 3 3 .5 3 9 .1 4 1+.76
I+5.53
5 .9 2 35
6.83 19.91
100.00

The fo llo w in g ta b le is a stu d y o f In s tru c tio n a l Cost by S chools and C olW *

P erc en t 191+9-50
1+.13
5.O3
9.1+3
5.66
5 6 .3 3 7 .0 8
1.66 7.10
3 .5 8
100.00
m ese

School or C ollege
1. A griculture 2 . A rts and S cience 3 B u s in e s s A d m i n i s tr a t io n 1*. E d u c a tio n 5* F o r e s t r y 6 . Graduate 7* Home Econom ics 8. Journalism 9* Law 10. M ilitary 11. Pharmacy 12. V e te rin ary M edicine (N et)
TOTALS

191+6-2+7
188,107 53*+. 635
65.21*1 171,818
23. 6i*2 26,177
51,109
20,502
26,577
1*,268
15,315
2l*,96o
$ 1 ,1 5 2 ,3 3 1

1947-48
$ 222,309
706,150
112,467 214,292
32,759 38,547 86,483 2 7 ,5 8 0 5 1 ,1 0 6 4 ,6 8 3 3 2 ,9 7 8 9 2 ,0 2 3
$ 1 ,6 2 1 ,3 7 7

191*8- 1*9
237,890 707,059 135,293
236,773 33,1*25 1*1*, 9 2 0 86,1*81 29,751 58,228 1*,710 1*0,333
120, 1*22
$ 1 ,7 3 5 .2 8 5

1949-50
$ 248,966
666,765
125.867 235,804
37.187 4 7 ,6 9 7 82,768 28,820
61,170
4 ,5 2 7 4 5 ,8 7 0 149,305
l,73i*,7l*6

t a b l ftTheTTU^ ber o r C o*l,le gHeoufi ns w h ich

hours

by each School or

111
th e

Ms t ui dl iet anrty

i sS cmieanjcoer i nangd.

th e

G rad u ate

C ollege is S*ocnhooooxl aa rr ee

shown sshnoowwnn

in uu nn

th e dd ee rr

t

f h

o e

l

lo S

w ing chool

School o f C ollege

1. A griculture

3

2. A rts and S cience

3 1

3 B u s in e s s A d m i n i s tr a t io n

l*. E d u c a tio n

L

5 F o r e s t r y

1

6. Home E conom ics

d

7* J o u r n a lis m

8. Law

9 Pharmacy

10. V e te rin ary M edicine

TOTALS

I 9I+6-47
23,710 166,1442 36,416 15,372 3,793 5*306 , 10,737 11,295 3 .2 8 2 1,614
277,967
-37-

Q u a rter Hours Taught

1947-48

191*8- 1*9

$ 29,190 153,461
4 8 ,5 5 3 17,688 7 ,3 9 0
6,291 10,382
14,931 5 ,9 3 8 3 ,6 9 9
297,523

$ 30,485 143,388 51,757
28,007
7 ,7 1 0 5,8144 10,709 11,560 7 ,0 7 7
8,222
$304,759

1949-50
$ 26,750 133,597 38,217
32,261
6 ,1 8 8
6,072
7 ,5 4 2 9 ,9 7 0
6,302 11,111
$278,010

The fo llo w in g t a b l e i s a com parison o f c o s t p er s tu d e n t q u a r te r h o u r by S cho o ls and C olleges fo r a fo u r y ear period*

School or C ollege
1 A g r i c u l t u r e 2 . A rts and Soienoes 3* B u s in e s s A d m in is tr a tio n 4* E ducation 5* F o r e s t r y 6 . Home E conom ics 7 Journalism 8* Law 9* Pharmacy 10* V e te r in a r y M edicine
T o tal Average

Cost P er S tudent Q uarter Hour

19U6-U7

191*74*8

191+8-1+9

7.93
3*21
1*79 1 1 .1 8
6 .2 3
9.63
1 .9 1 2*35 k .6 7
15. 1*6

* 47-.6602 2.32
1 2 .1 2
1+.1+3 1 3 .7 5
2 .6 6 3.1*2
5.55 24.88

# 7.80 4*93
2 .6 l
84*5 4*34 14.80
2 .7 8
5. 01*
5 .7 0
i4.65

1+.15

5.1*5

5.69

191*9-50
* 9.31
4 .9 9 3 .2 9 7 .3 1 6 .0 1 13.61* 3 .8 2 6 . li+ 7 .2 8 13.1*1*
* 6.21*

AUXILIARY ENTERPRISES

INCOME AND EXPENSES

S'

D e ta ils of income from A u x ilia ry E n te rp ris e s in amount o f # 1 ,3 4 3 ,7 0 2 .7 5 w e shown in S chedule B -l-C . The D e ta ils o f E xpenses am ounting to #1,113*827*92 a r e shown i n S chedule
C -l-C . K
The B a la n c e S h e e t S c h e d u le "A* r e f l e c t s r e s e r v e f o r R e p a ir s and R e p la c e m e n ts o f #211,385*1+5, a f t e r s e t t i n g up a re s e rv e fo r In v e n to r ie s *
p
GENERAL,,EXT..E.N.SIO...N.I.AND CORRE'-S-PO1NDENC--E

INCOME AND EXPENSES

The fo llo w in g summary i s a com parison o f t h e O p e ra tio n s o f G e n e ra l E x te n s io n f o r th e p a s t th re e years* P rio r to 1947-48 th is se rv ic e was o p erated as a se p a ra te u n it o f th e Univ e r s i t y System o f G eorgia*

Income

191+7-1*8 Amount Percent

1948-49 Amount Percent

191*9-50
Amount Percent

Student Fees State Allotment Other

113.21*9 3 1 .9 2 5

78.01 21.99

# 235*660 40,000 568

85.31
i4.4 8
.21

213.096 53.700

7 9 .8 7
20.13

TOTAL

ll*5.17l* 100.00 #276,228 100.00 266.796 100.00

Expenses Administrative & General P la n t Operations Instruction Servioes Related to Instruction Extension
TOTAL

36.665
3.233 1*1,895
16,518
61*. 367

22.54 1.99
25.75 10.15
39.57

#162,678 100.00

23,186 1,196
99.1*1*7 23,811* 73.1*52
2 2 1 ,0 9 5

10.49
.54
44.98 10.77 33.22
100.00

# 23,926 1,196
112,317 29,709 82,851

9.57 .4 8
44*93 11.88
3 3 .1 4

#249,999 100.00

-38-

D u rin g t h e c u r r e n t y e a r , we h a d t o re f u n d t o t h e V e te r a n s A d m i n i s tr a t io n $5,31+0.15 f e e s
c o l l e c t e d d u r i n g I 9I+8-I+9, and i t i s e n t i r e l y p o s s i b l e t h a t o t h e r r e f u n d s w i l l b e r e q u e s t e d .
T his i s due t o a r u lin g by th e V e te ran s A d m in istra tio n changing th e p o lic y in b i l l i n g them f o r G. I . S t u d e n t s . O r i g i n a l l y we b i l l e d on t h e b a s i s o f N o n -R e sid e n t S t u d e n t s . A t p r e s e n t , we M i l on a c o s t b a s i s in a c c o rd a n c e w ith a fo rm u la p re p a re d and a d o p te d b y t h e V e te ra n s A dm inistration.
m TRUST FUNDS

The U n iv e rs ith h o ld s funds in t r u s t as fo llo w s : 4

fi

Corpus -

Endowment Funds

4 '1 > -i^-|
II 4*

Loan Funds T o ta l T ru s t Fund Corpus
R eserves fo r Purposes of T rust -

Endowment Funds

I* '

Loan Funds

f

T o tal T rust Fund R eserves

%

T o ta l Corpus and R eserves

12,076,51+7.51 511,207.1+8

t g . 587. 75u .99

# 127, 855.73 g30. 607. 3u

358.U63.07 _ 2.9_U6,21_8.06

" w , r a r y . f uh6Se fu n d s i s shown in th e B alance S h eet S chedule "A ". S ta tem en t o f T ru s t B alan ces i s shown in S chedule " E \ and a sta te m e n t o f th e in d iv id u a l fu n d s show ing b a i l e e s

nEM-2-3^na nd " E " - 2-l+e E

Summari0s o f T ru st Fund in v e stm e n ts a r e shown in S c h e d u l e ^ E ^ - l 1

I

f ^ nam r t i z e d b a la n c e o f $1+61+,932.01 due t o T r u s t FUnds fro m t h e U n i v e r s i t y on

D u iia in g s . T h is b a la n c e i s b e in g a m o rtiz e d o v er a p e rio d o f 20 y e a r s a t 3%. T here i s a l s o

. h" T " TM l 29V alan09 5 P ' 1 *66 d"

various f r a te r n itie s , re p r e s e n tin g a L ^ th e ir

h o m es. T h ese lo a n s a r e b e in g a m o rtiz e d o v e r a p e r io d o f 20 y e a r s a t l+|$g.

t f

w hich

are

b e in g

th .f n o w in S lo an s from am ortized over a p erio d of

T20r uyset

a

Fund rs a

s t

to other 3%:

u n its

of

th e

U n iv ersity *

System , *

3

N orth G eorgia C o lle g e, D ahlonega, G eorgia

1

G eorgia S ta te C ollege, Savannah, G eorgia

37*076.09 2 7 ,6 6 1 .2 8

T otal

t 6U.737.37



A sta te m e n t o f r e c e ip ts and d isb u rsem en ts o f T ru st Funds i s shown in S chedule " E " -2 -5 .

I

AGENCY FUNDS

M I t o t h T l r i o i r 8^ h ? l d s A gency fu n d s a m o u n tin g t o l i 96. 65U .O l. M ost o f t h e s e fu n d s b e lo n g

I

e v a rio u s stu d e n t a c t i v i t i e s , and th ey a re lis te d in d e ta il in S chedule "G".

5

f

PLANT FUNDS

m " t h e B u ild w e V t a em ent h! y a l r 0 f L" d * " W W * E q uipm ent and Im provem en ts o t h e r
I * i n S o h e d u l ^ H " 1 S 0TO S h e d u le H ~ 1 ' A s t a t e m e n t o f u n ex p en d ed p l a n t fu n d s i s show n'

I, l w l l l

" r T ^ ^ d i n t Ur aooounts a se c tio n fo r P la n t Funds, and th e s e aooounts



la q

n d in s am ounted

h to

i

d i

l8l

e ?

7\ n^

tL )f

r

?

h

r

"

expended

P lant

Funds

on

t t w il1
hand a t

be noted on th e B alance th e close of the fis c a l

Sheet year

I ' ft *l6 o.o

3 1 8 .2 7 0 .U l. A ll o f th e s e funds re p re s e n t work in p ro g re ss w ith th e e x c ep tio n o f

* $ 1 6 ,8 1 8 .6 5 w h ich was t h e p r o f i t fro m th e s a l e o f t h e C raw fo rd W. Long o u s e .

-39-

BALANCE SHEET June 30* 1950

Schedule A

ASSETS

I , CURRENT FUNDS

f1*

A . GENERAL

Cash on Hand and in Bank (S ch . F )

* I I 8.O3I.O 7

Accounts R eceivable

20i . 696.73

TOTAL GENERAL FUNDS

* 319. 727.8 0

B. RESTRICTED Cash in Bank (S chedule F) Accounts R eceivable TOTAL RESTRICTED FUNDS

I

93.J1*

1*6,172.07

----------------------- t

U6. 265.l4l

m *

C. AUXILIARY

Cash in Banks (S chedule F)

* 197,1*61.71*

In v e n to rie s Accounts R eceivable

3 0 ,0 0 1 .0 7
2I+,01*7.26

>

TOTAL AUXILIARY FUNDS

----------------------- t 2 5 1 ,5 1 0 .0 7

D. GENERAL EXTENSION Cash in Banks (S chedule F) Accounts R eceivable TOTAL GENERAL EXTENSION

$ 1*8,362.18 1+.265.11 #

72,62729

TOTAL CURRENT FUNDS

* 690,130.57

I I . AGENCY FUNDS Cash in Bank (S chedule F )

196, 65U.01

III.

ENDOWMENT FUNDS Investm ents: U. S. S e c u ritie s (Schedule E -2-2) O ther Bonds (S chedule E -2 -2 ) P r e f e r r e d & Common S to c k (S c h e d u le R e a l E s t a t e Owned Loans to F r a te r n itie s U n iv ersity o f G eorgia B uildings

E -2 -3 )

TOTAL ENDOWMENT FUNDS

I 1,560,355.00

160, 000.00

125,266.20

37, 1*65.68

25, 250.00

296, 066.36

*

$ 2 , 20U,1*03. 21+ ,

IV . STUDENT LOAN FUNDS & MISC. FUNDS Cash in Bank (S ch ed u le F)

% l 3l+,32l+.90

U. S . S e c u r itie s (S ch ed u le E-2-1+)

I 176,625.00

N otes R eceivable - S tudents

1 0 5 ,5 2 0 .5 8

<

Common S to c k s (S c h e d u le E-2-1*)

1.00

Loans to F ra te r n itie s

61+,6!+1.66

Savings Account

5 ,1 0 8 .7 5

R e a l E s t a t e Owned U n iv ersity o f G eorgia B uildings N orth G eorgia C o lleg e - B u ild in g Loan

13. 920.99 168, 865.65 37, 076.09

G eorgia S ta te C o lleg e - B u ild in g Loan

27,661.28

599,1421.00

Due from Endowment Funds

8, 068.92

1

TOTAL STUDENT LOAN & MISC. FUNDS

71*1,811*. 82

k

40-

ASSETS (Continued)
V. PLANT FUNDS A. UNEXPENDED Cash in Bank (Schedule F)
B. EXPENDED Land (Schedule H) Improvements Other than Buildings (Schedule H) Buildings (Schedule H-l) Equipment (Schedule H-l) TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

Schedule A

* 318,270.1+1

# 260, 925.00

1*50, 291.36 8, 893. 630.86
2.587,61*3.52

12,172,1*90.71*

12,1*90,761.15 # 1 6 ,3 2 3 ,7 6 3 .7 9

-41-

BALANCE SHEET June 30, 1950
LIABILITIES

I . CURRENT FUNDS A. GENERAL Purchase Orders O utstanding
U nearned Inoome Reserve fo r Insurance
S u rp lu s TOTAL GENERAL FUNDS

19,828*56 70,080*56
3 ,3 2 3 .3 0
226, 495*38


3 1 9 .7 2 7 .80

Schedule A W
S
) 1 *
rip

B. RESTRICTED (S c h e d u le D) Fund B alances

+6, 265*141

C . AUXILIARY Purchase O rders O utstanding
Reserve fo r In v en to ries
S u rp lu s TOTAL AUXILIARY FUNDS

10,123.55 30, 001.07
2ll,385>U 5 *

2 5 1 ,5 1 0 .0 7

D. GENERAL EXTENSION S u rp lu s
TOTAL CURRENT FUNDS

I

7 2 ,6 2 7 .2 9

$ 690,130.57

I I * AGENCY FUNDS (S c h e d u le G) Find B alances

$ 196,65i+.01

I I I * ENDOWMENT FUNDS Due to O th er Funds Reserve fo r Purpose o f T rust Fund B alances
TOTAL ENDOWMENT FUNDS

8,068.92
1 2 7 ,8 5 5 .7 3 2,068,1+78.59

$ 2, 2Ql+,+03. 2L+

IV* STUDENT LOAN FUNDS & MISC. FUNDS R e s e rv e f o r P u rp o s e o f Tr u s t Fund B alances
TOTAL STUDENT LOAN FUNDS

# 230,607.31* 511,207.1*8

sS U

7l*l,8ll+.82

V . PLANT FUNDS A* UNEXPENDED Fund B alance

318,270J+1

B. EXPENDED Due t o O th e r Funds Invested in P lant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES & SURPLUS

1+6L+,932.01
1 1 ,7 0 7 ,5 5 8 .7 3 12,172,1+90.71*
12,1+90,761.15
1 6 ,3 2 3 ,7 6 3 * 7 1

-4 2 -

SUMMARY OF CURRENT INCOME
F o r Y ear Ended Ju n e 3 0 , I 95O

Schedule B

G eneral

G eneral R estricted E xtension A u x iliary

T otal

EDUCATIONAL & GENERAL

1-Student Fees

$1,63U ,202.95 9 ,3 6 2 .5 0 213,095*81

1 ,8 5 6 ,6 6 1 .2 6

2-P ublio A ppropriation

W

( a ) S ta te (F or Operating) 1,306,799*00

5 3 ,7 0 0 .0 0

1, 360, 1499.00

(b ) O ther
3-Endowment
-G ifts & G rants 5-S ales & S ervices
6- O th e r S o u rc e s

282,177*29
7 ,7 5 0 .0 0 9, 950.00 i48. 6i 9. 3i4
1+06, 678.68 57, 037.26

2 8 2 ,1 7 7 .2 9
17, 700.00
148, 619.314 1+06, 678.68
>7, 037.26

I

TOTAL EDUC. dc GEN.

$3,1+12,1+67.89 3 5 0 ,1 0 9 .1 3 2 6 6 ,7 9 5 -8 1

14. 029, 372.83

B. AUXILIARY

1-

R esidence H alls

2-

D ining H alls

3 - Cow T e s t i n g

i+-Egg T e s tin g

5 -P rin tin g D epartm ent

3 2 8 ,1 5 9 .3 1
W42. i 427.17 19.770.90 6.339.37 5i4. 720. 2u

328,159.31 i4i42.i 427.17
19,770.90 6,339.37
5i4. 720. 2i4

' TOTAL AUXILIARY

C. OTHER NON-EDUCATIONAL

1-

Endowment

2-

G ifts & G rants

TOTAL OTHER NON-EDUC.

500.00
1 0 ,7 6 6 .6 3
1 1 ,2 6 6 .6 3

1,3143.702.75 1,5143.702.75
500.00 10, 766.63
1 1 ,2 6 6 .6 3

TOTAL CURRENT INCOME
NON-INCOME T ra n sfe rs from o th er funds
TOTAL CURRENT RECEIPTS

3,1412,1467.89 3 6 1 ,3 7 5 .7 6 2 6 6 ,7 9 5 .8 1 I . 3U3, 7 0 2 .7 5 5,3814.3142.21



882.22 9,530.17

10,1412.39

3 ,1 4 1 3 ,3 5 0 .1 1 3 7 0 ,9 0 5 .9 3 266, 795.81 1.314 3 ,7 0 2 .7 5 5. 39I4. 75U.60

A. EDUCATIONAL AND GENERAL

STUDENT FEES

N on-Resident T u itio n

1

M atriculation

P ractice School

N ursery Sohool

A tla n ta Area

Summer N o n -R e sid e n t

Summer M a t r i c u l a t i o n

Infirm ary

D iplom a

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950
G ner aT Income

Schedule B -l-A

R estricted" Income

T otal

-43-

5 2 3 ,6 6 9 .7 2
7 7 2 ,707. 2U
,7 7 9 .0 0
3 206.01
1 1 0 ,8 3 7 .6 8
151, 8 2 7 . 7U
U ,209.19 9 ,5 9 2 .0 0

9 ,3 6 2 .5 0

5 2 3 .6 6 9 .7 2
7 7 2 ,707. 2U
7 7 9 .0 0
3, 206.01
9 ,3 6 2 .5 0 1 1 0 ,8 3 7 .6 8
151,887.71* li,2 0 9 .1 9
9 ,5 9 2 .0 0

Schedule B-l-

STUDENT PEES (Continued) Health Miscellaneous
TOTAL STUDENT FEES

General Income

Restricted Income

Total

1 51.581.35 5 .7 9 3 .0 2
*X,63U,2 02.95

5 1 ,5 8 1 .3 5 5 ,7 9 3 .0 2
9, 362.50 1. 61*3. 565.1*5

PUBLIC APPROPRIATIONS

State of Georgia Regular Operations Vocational Funds Department of Health - Mental Health

1 .3 0 6 ,7 9 9 -0 0

1 ,3 0 6 ,7 9 9 .0 0

8l+, 6 6 1 .5 3
3. 367.76

84, 661.53 3. 367.76

Other States Virginia -- For Agric. Educ. Relations Louisiana - For Agric. Eduo. Relations North Carolina - For Agric. Eduo. Relatic s
Mississippi - For Agric. Educ. Relations

500.00 500.00 500.00 750.00

500.00 500.00 500.00
7 5 0 .0 0

United States Morrill-Nelson Fund Department of Health - For Malaria Navy Department - For Research
Vocational Department of Agric. - For Ag. Engr.

68, 990.00
7 ,3 1 0 .0 7 7,9l4U.OO
62, 509. 1*5
11,71*2.37

68, 990.00 7 , 310.07
7,9l*l*.00
62,509.1*5 11,71*2.37

Counties Clarke County - For Demonstration School Richmond County - For Surveys
TOTAL PUBLIC APPROPRIATIONS

2 8 ,7 8 2 .1 1

2 8 ,7 8 2 .1 1

1+, 6 2 0 .0 0

U ,620.00

$ 1 . 306, 799.00 $ 2 8 2 ,1 7 7 .2 9 1 ,5 8 8 ,9 7 6 .2 9

ENDOWMENT Franklin College Alumni Library Alumni Y.M.C.A. Horace B. Russell University of Georgia Foundation For Physics Professor For Theo Dalton B. A. * T. N. Denmark Landsorip Fhnd Mary J. Franklin George R. Gilmer William Terrell Fund
TOTAL ENDOWMENT

|

1 ,1 0 0 .0 0

5, 250.00

200.00
500.00

7 0 0 .0 0

$ 7 ,750.00

8 ,0 0 0 .0 0
250.00
2 0 0 .0 0 2 0 0 .0 0 1 ,0 0 0 .0 0
300.00
9 ,9 5 0 .0 0

8 ,0 0 0 .0 0
250.00
200.00 200.00
1 ,0 0 0 .0 0
300.00
1 ,1 0 0 .0 0
5, 250.00
200.00
500.00
7 0 0 .0 0
17*700.00

GIFTS AND GRANTS FROM PRIVATE SOURCES Chilean Nitrate Educ. - Bureau for Sodium American Potash Inst. - For Potash General Mills - For Nutrition Emory University - For Atlanta Area Tennessee Corp. - For Minor Elements T. V. A. - For Soil Survey Pacific Coast Borax Co. - For Boron American Cyanamid Co. - For Cyanamid Carnegie Foundation - For Research Tennessee Corp. - For Copper Mrs. J. Hambridge - For Art Museum Mr. Harry Hodgson - For Art Museum Texas Gulf Sulphur Company - For Sulphur
General Education Board - For Agric. Educ.

delations

6 ,0 0 0 .0 0 1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0
599.99
1, 500.00 600.00
3 ,3 5 3 .9 0
300.00 25.00 25.00
1 ,5 0 0 .0 0
IO J46O.56

6 ,0 0 0 .0 0 1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0
599.99
1 , 500.00
600.00
3 ,3 5 3 .9 0
300.00 25.00 25.00
1, 500.00
10,14.60.56

Schedule B -l-

G eneral

GIFTS & GRANTS (C o n tin u e d )

Income 11 ""

I n t e r n a t i o n a l M in e ra l & Chem. C o rp .

For H o rtic u ltu re R esearch

T. V. A. - For Meat S poilage

Tenn. C orp. R esearch Lab* - F o r P in e N u tritio n

Atomic E nergy Commission - For R esearch

Ga* P o u l t r y Im provem ent A ssoc* - F or V e t. M ed icin e

G eorgia H ereford A ssoc. - For L ivestock

G e o rg ia Womans C lub - F o r E d u c a tio n

M isc* flhom V a rio u s S o u rc e s - For A rc h a e o lo g y

T* V* A* - F or M eat R e s e a rc h

Dr* A* H* Bunco - F o r P harm acy T r a v e l

G eorgia S ta te F lo r is t - For H o rtic u ltu re T ravel

Anonymous - For H o r tic u ltu r e T ra v e l

C en tral Soya Co. - For D airy D epartm ent

TOTAL GIFTS & GRANTS



R estricted Income

T otal

2, 400.00

2 ,4 0 0 .0 0

869.72

869.72

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0

3,000*00

3, 000.00

1, 500.00 1, 500.00

600.00

600.00

225.00

225.00

235.00

235.00

1 , 659.17

1. 659.17

100.00

100.00

150.00

150.00

16.00

16.00

1, 500.00

1, 500.00

f 4 8 ,6 1 9 .3 4 $ "4 8 ,6 1 9 .3 4

SALES 3b SERVICES D a iry Farm H o r tic u ltu r e Farm Meat C uring P la n t L iv e s to c k Farm F ield Experim ents L itera ry Q uarterly P o u ltry P lan ts Food P ro ce ssin g P la n t P ress V eterinary C linics C ream ery
TOTAL SALES 3c SERVICES

31,294.04 11,556.51 151.277.1*2
U.U8U.75 2,1*87.63
1,991.45 26,490.72 12,71+9.25 3l*,19U.53 25.6UU.78 104,507.60
406,678.68

31,294.04 11,556.51 I5I.277.I*2 U.U8U.75 2.U87.63 1,991 J*5
26,1*90.72 12.7U9.25 3U.19U.53 25.6UU.78 104,507.60
$ 406,678.68

OTHER SOURCES V eteran s Guidance A g ric u ltu ra l E xtension Service R ents from P ro p erty I n t e r e s t on Tem porary In v e stm e n ts T ran sfer from Savannah D iv isio n M iscellaneous
TOTAL OTHER SOURCES

3 2 ,3 7 7 .4 0
4,000.00 2,234.15 11,830.03 2, 680.67
1 57, 037.26

3 2 ,3 7 7 .4 0
4,ooo.oo 2,234.15 11,830.03 2,680.67
t 57,037.26

TOTAL EDUCATIONAL 3c GENERAL INCOME

,3 ,U l2 ,U 6 7 .8 9 350,109.13 3 ,762,577.02

NON-INCOME T r a n s f e r s fro m O th e r Funds - R e s t r i c t e d Fluidss

882.22

882.22

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$3, 413, 350.11 350. 109.13 3 .7 6 3 ,U59.2U

B. GENERAL EXTENSION STUDENT FEES C o rrespondence Columbus C e n te r G a in e sv ille C enter P a rt-T im e <fc S p e c i a l S e r v ic e A udio-V isual A tlan ta C enter Rome C e n te r

$ 54,881.74 3 7 .5 3 7 .9 U
10, 905.10
2 7 ,1 3 3 .2 7 9 ,7 3 5 .3 8
15. 935.92
2 3 ,0 5 7 .3 7

Schedule B -l-B
5 4 ,8 8 1 .7 4
36. 537. 9u
1 0 ,9 0 5 .1 0
27. I 33.27
9 ,7 3 5 .3 8
I 5. 935.92 23. 057.37

-4 5 -

STUDENT FEES (Continued) Savannah Center Wayoross Center TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
TOTAL GENERAL EXTENSION INCOME
C. AUXILIARY ENTERPRISES DORMITORIES A* A* A* Barracks Brown Camp Wilkins Candler Hall Clarke Howell Coordinate Law Dormitory Lucy Cohb Mary Lyndon Milledge Hall Milledge Annex Private Trailers Rutherford Hall Small Dormitories Soule Veterans Housing Project TOTAL DORMITORIES
DINING HALLS Cafeteria Coordinate Denmark Lucy Cohb Milledge Annex Tea Room TOTAL DINING HALLS
OTHER Cow Testing Egg Contest Printing Department University Stores TOTAL OTHER
TOTAL AUXILIARY INCOME
D. OTHER NON-EDUCATIONAL ENDOWMENT Univ. of Ga. Foundation - Michael Award
GIFTS AND GRANTS Ethel Jenkins - Forestry Award Sears Roebuck Foundation - Scholarships Georgia Feed Association - Fellowships

Schedule B-l-p

General Income

Restricted Ino <ae

Total

* 19,987.22 13,921.8?
r 213.095.81

19*987.22 13,921.87 t 213.095.81

# 53*700.00
* 266,795*81
* 6.U53.38 22.u12.35 22,586.31 6 ,1 8 7 *oU 12,629.02 10,507*01 1+1,888.11+ 6,565.85 10,258.57 17,903.16 19,666.83 6,688.00 2,675.12
20,61+6.66
2,990.10 19,103.61+ 98,998.13 * 328,159.31

g 53*700.00
1 266,795.81
Schedule B-l-C
6.U53.38 22.U12.35 22,586.31
6,187 .Oli12,629.02 10,507.01 1+1,888.11+
6,565.85 10,258.57 17,903.16 19,666.83 6,688.00 2,675.12 20,61+6.66 2,990.10 19,103.61+ 98,998.13 1 328,159.31

$ 121, 223.1*1+ 100,392.11 105.u32.52 39.759.65 55,199.01 20,1*20.1+6
* uu2.u 27.17

121,223.1*1+ 100,392.11 105.u32.52
39.759.63 55,199.01 20,1+20 J+6
t 14^,1*27 Trf

1 19,770.90 6,339.37 5u.720.2u
U92.285.76 $ 573.116.27;
tl.3U3.702.75

19.770.90 6,339.37 5U.720.2U U92.285.76
t 5 7 3 ,ii.g 7
t1.3U3.702.75

Schedule B-l-D

500.00

500.00

100.00
2, 166.63 1,000.00

100.00
2, 166.63 1,000.00

GIFTS AND GRANTS (C o n tin u e d ) U nion Bag Company - S c h o la rs h ip s Seedmans S ch o larsh ip s G eorgia Feed A sso ciatio n - S ch o larsh ip s Mrs* Roy M* D u rr - S c h o la r s h ip s Kroger G rocery Co. - S ch o larsh ip s Mrs* A. W. B oynton - S c h o la r s h ip s R eb ecca R . F e l t o n F\md - S c h o la r s h ip s TOTAL GIFTS AND GRANTS
TOTAL OTHER NON-EDUCATIONAL INCOME
NON-INCOME T ra n sfe r from Agency Funds
TOTAL OTHER NON-EDUCATIONAL RBCEIPTS
TOTAL CURRENT INCOME
NON-INCOME RECEIPTS
TOTAL CURRENT RECEIPTS

G eneral Incom e

Schedule B -l-D

R estricted Income

T otal

3, 200.00 300*00 900*00
1, 600*00
8 0 0 .0 0
500.00 200*00
10, 766.63

3, 200.00 300.00 900.00
1 , 600.00
800.00
500.00 200.00
10, 766.63

11, 266.63 11, 266.63

9 ,5 3 0 .1 7

9 ,5 3 0 .1 7

2 0 ,7 9 6 .8 0

2 0 ,7 9 6 .8 0

5, 022, 966.1*5 361, 375.76 5,381*.3U2.21

882.22 5,023,81*8.67

9 ,5 3 0 .1 7

10, 1*12.39

370, 905.93 5.3 9 U ,7 5 l* .6 o

SUMMARY OF CURRENT EXPENDITURES For Year Ended June JO, 1950

Schedule C

G eneral

G eneral R estricted E xtension

t, EDUCATIONAL AND GENERAL

1-

Admin i s t r a t i on

2-

S tudent W elfare

3- P hysical P lant

$ 20l+, 61 3 .3 9 96,815.1+1+
322, 609. 2U

2 3 ,9 2 5 .8 0
200.00
1 ,1 9 6 .0 0

1 + -L ib rary

5-

In stru ctio n

6-

0rganized R esearch

192,451.il I J 4IO .3I4 1,783,551.71+ 1 3 8 ,6 3 8 .1 0 112, 316.61
202, 623.26 5 9 ,8 7 5 .1 5

7-

S e r v ic e s R e la te d t o I n s t .1+20,070.97

29, 708.82

8- E x te n s io n

117, 1+5^.66 1514, 983.82 8 2 ,8 5 0 .6 7

TOTAL EDUC. & GENERAL $ 33UO,190.11 355,107.1+1 21+9, 997.90

A uxiliary

T otal
228, 539.19 97. 015.j4i*
323,805.21*
i 93. 86l .75 2, 031*, 506.1*5
262, 1*98. 1*1
1*1*9,779.79 3 5 5 .2 8 9 -1 5
3.91*5.295.1*2

1. AUXILIARY ENTERPRISES

1-

R esidence H alls

2-

D ining H a lls

3-

G eneral D orm itories 4

D ining H alls

l+-Cow T e s t i n g

5-

P rin tin g Departm ent

6-

U niversity S tores

7-

Egg C ontest

TOTAL AUXILIARY

227,587.15 227,587.15 1+25,798.82 1+25,798.82

9 ,3 5 7 ^
18, 911.60 1+3, 856. 21+

9,357.1+1+
18, 911.60 1+3, 856. 21+

377,527.73 377,527.73
10, 788. 9!+ 10, 788. 9!+

1 ,1 1 3 ,8 2 7 .9 2 1, 113, 827.92

. OTHER NON-EDCATIONAL 1 -S c h o la rs h ip s , Awards 4 P riz e s

10,1+82.28

10,1+82.28

TOTAL CURRENT EXPENDITURES $3,31+ 0,190.11 3 6 5 ,5 8 9 .6 9 21+9,997.90 1 ,1 1 3 ,8 2 7 ,9 2 5 ,0 0 9 ,6 0 5 .6 2

Schedule C

G eneral

G eneral R estricted E xtension

NON-EXPENSE

T ra n sfer to O ther Funds $ 155,361.21

882.22

O ther

l 6, 306. 2l4. 5 .3 U 0 .1 5

TOTAL NON-EXPENSE f 1 5 5 ,3 6 1 .2 1 I 7. I 88.I46 5 .3 U 0 .1 5

A uxiliary
U2,5 3 6 .6 U I42. 536. 6I4

T otal
1 9 8 ,7 8 0 .0 7
21. 6I46.39 220, 1426.146

TOTAL CURRENT DISBURSEMENTS $ 3 ,1 + 9 5 ,5 5 1 .3 2 3 8 2 ,7 7 8 .1 5 2 5 5 .3 3 8 .0 5 1 ,1 5 6 ,3 6 1 4 .5 6 5 .2 9 0 ,0 3 2 .0 8

STATEMENT OP CURRENT EXPENDITURES Year Ended June 30, 1950

Schedule C-l-A

__________________________O b je o t C l a s s i f i c a t i o n

O perating

Fund C l a s s i f i c a t i o n

S alaries

S upplies

G en eral R e s tr ic te d A Wages A Expense Equipm ent

A* EDUCATIONAL A GENERAL

ADMINISTRATIVE A GENERAL

A ccounting O ffice

$

Alumni O ffic e

C om ptroller* s O ffice G eneral

P resident*s O ffice P u b lic ity Bureau

R e g istra r's O ffice S ta t is t i c a l Bureau

V eterans A d m in istratio n

TOTAL ADM. A GEN.

33.i407.02
6,000.00 11,087.72 68,538.56 18,063.10
9,1458.59 38,9^9.10 iU, 31+3.96
i+,71+5.31+ 204.613.39

28,701.142 6,000.00 10,766.63
27,655.73 16,850.08 7,971.66 28,5814.85 13,91+7 .Ol* l+,517.0l4
1uu.99u.u5~

l+,705.60
321.09 I40,882.83
1,213.02 1,1+86.93 9,997.05
396.92 228.30 59.231.7u

387.20 387.20

STUDENT WELFARE D ir. of S tudent L ife $ Dean o f Men Dean o f Women Placem ent Student H o sp ital V ol. R eligious A ssoc. TOTAL STUDENT W. *

8,533.148 i8.i452.89 19.667.08 7.722.59 141,389.1+0 1,050.00
96.8i5.i4i4

200.00 200.00

7,850.00 17,653.16
18,771.142 6,91+6.60 30,297.88 1,250.00
82,769.06

683.1+8 799.73 895.66 6I49.76 11,091.52
" 1I4,120.15

126.23 126.23

PHYSICAL PLANT G eneral Jan ito rs R epairs Grounds
TOTAL PLANT

$ 103.i450.56 110,234.86 70.9i4i4.67 37.979.15 322,609.214

LIBRARY

ffey*

INSTRUCTION Dean o f F a c u ltie s ^ A griculture Dean's O ffice Ag. Economics Ag. E ngineering Agronomy Animal H usbandry D airy

f a9a.U5i.Ul 1.1+10.31+

yyl -

-i

25.908.79 15,030.814 35.17U.28
23,989.05 19,1415.51 16,132.18

5,000.00 13,500.00
5,500.00 5,100.00
8,000.00

16,256.97 100,015.55 30 ,432.92 2I4,381.57 171,087.01
lO8.3i48.77
17.55U.U5
21,011.149 19,6814.96 45.Ul6.37 26,502.90 21,281.91+ 22,986.00

81,917.5U 5.276.05 10,088.31 I31.OO 35,216.37 5,295.38 11,812.58 1,785.00 139.03u.80 12.U87.U3
9,3l+0*1+2 76,172.56

736.65
1+.897.30 2U5.92
2,771.80 2.UOU.99 1,200.31+
951 .uu

99.96 1+86.11 581.16
2,033.23 19U.7U

Schedule C -l-A

O bjeot C la s s ific a tio n

INSTRUCTION (C o n tin u e d )

ihnd C la s s ific a tio n

G eneral

R estricted

S alaries Sc Wages

Ope r a t i n g S u p p lie s St
Expense Equipm ent

Food T echnology H orticulture Land A rc h ite c tu re P lan t P athology P o u ltry Husbandry A r t s Sc S c ie n c e s

6 ,3 7 3 .7 7 12,631+*92 18,763.21+
5#102.19
11,588.71+

1+,0 0 0 .0 0
8 ,6 6 6 .0 0
i+ ,0 0 0 .0 0
2 ,500.00

9, 885.02 20, 279.22 17, 069.96
8,80i+.58
13,388.71+

1+88.75
707.85
1,277.82 297.61 60O.OO

313.85 I+15.I+6 100.00

Dean*s O ffice A rc h . Sc A n th ro p o lo g y A rt B iology Botany C hem istry C lassics Drama E nglish G eography Sc G eology H istory Mathemat ic s Modern Languages M usic N ursing E ducation P h ilo so p h y P h y sio s P o litic a l Science Psychology R eligion S o cio lo g y B usiness A dm inistration E ducation

1 8 ,7 9 7 .3 9 5 ,6 2 6 .3 2
5 3 ,2 li+ .5 7
53. 523.I47
3 2 ,9 7 5 .8 3 5 7 .7 5 6 .6 l
7 , 859. 5!+ 11, 782.01
6 7 ,3 8 5 .6 9
30,141+6.33
2 9 .5 9 3 .2 7 1+7,239.1+8
61,1+39.56
3 9 ,2 2 0 .7 9 l+,62l+.7l+ 13,11+5.26
3 8 .1 1 0 .2 7
27, 253.69
2k . i 6k . 9rj
3, 229.12 25. 358. 1+5
121+, 5 5 8 .7 8

1,000.00
3 ,5 5 6 .0 0
93I4.OO 1,000.00

1 5 .7 7 9 .6 0 5 , 1+08.2 6
51,1+29.35
I+9. 3I+5. I 6 29. 629.91
5 0 ,8 1 2 .5 6 7,61+2.32
1 1 .5 9 0 .9 2 70,1+95.28
2i+, 311.32
29,1+93.29 1+7,973.70
6 0 ,7 2 7 .9 8 3 6 ,6 3 l+ .7 6
1+, 516.60 13,070.68
27, 055.68 2i+ ,09l + . 6i+
3 ,2 2 0 .0 0
25, 111.10
1 1 9 .5 7 lt.6 l

3 ,0 1 7 .7 9
70. 3I+
1,870.91+
3. 611+.1+3
1 .9 5 5 .7 8 6,9l+l+.05
80.03 191.09
1+1+6.1+1
1,976.91+ 99*98 199.78
3 7 9 .2 5
1, 1+1+6.13
108.11+
71+.58
1 ,9 8 3 .6 1 198.01
570.33 9 .1 2
21+7.35 3 ,9 9 1 .9 9

li+7.72 911+.28 563.88
1,390.11+
I 37. I 9
1+,1 5 8 .0 7
332.33 1 ,1 3 9 .9 0
3, 213.1+0 100.00
9 9 2 .1 8

G eneral P hy sical Education P ractice School Voc. Ag. T r. T rain in g Home E c . T r . T r a in i n g F orestry G raduate Home Econom ics Jo u rn a lis m Law M ilita ry Science P harm acy V e te rin a ry M edicine

7 3 ,8 8 6 .8 1
5 3 ,7 8 0 .7 8
2 2 ,2 6 8 .3 2
5.951+.20 8 ,6 8 1 .3 7 2 9 ,8 0 0 .2 7
1+7,201.61+
8 1 ,9 0 7 . 9I+
2 8 ,5 2 0 .8 9
60, 53!+. 86
]+,1+80.37
1+5,293.70

300.OO
2 8 ,7 8 2 .1 1 26,01+5.67
13. 651+.32 7, 000.00
100.00

7 0 ,6 6 0 .8 0
5 0 ,2 7 7 .9 8 1+9,862.1+6 2 5 ,1 9 5 .3 0 19,1+29.16 3U,l+01.2l+ 1+6,398.08 7 3 ,5 7 l+ .1+6 2 6 ,2 3 2 .3 9 5 8 ,7 0 6 .1 8
3 ,7 0 0 .0 8 3 5 ,3 8 3 .1 8

Dean*s O ffice Anatomy Sc H is to lo g y P h y s ic s Sc P h arm aco lo g y V eterin ary Pathology C l i n i o s Sc M ed icin e H y g ien e R egents P ro fe sso rs Summer S ch o o l

31, 976.82
1 5 ,7 2 0 .6 8
19, 91+8.71
21,1+1+9,68
62, 521.91
16.51+.36
1+.999.80
1 6 1 ,7 9 7 .6 8

11,212.1+3
li+ ,233.28
1 9 ,0 6 9 .7 8 20,21+9.52
38,955.1+0 1 5 ,3 1 6 .6 8
1+,999* 80
159. 61+8.30

TOTAL INSTRUCTION 1 ,783,551.71+ 1 3 8 ,6 3 8 .1 0 1 ,7 6 3 ,2 0 5 .1 3

3 ,2 7 7 .1 3 2 .6 7 7 .2 5
851+.80
5,81+0.51+ 2 ,9 0 6 .5 3
1,1+87.61
803.56
5 ,7 5 3 .1 a
2, 106.03
1 ,3 2 9 .0 2 780.29
6, 132.83

21+8.88
825.55
333.17 961+. 03
9 1 1 . I +2
2 ,5 8 0 .0 7 182.1+7 1+99.66
3. 877.69

1+,986. 1+1
1,1+87 .1+0
878.93
1, 200.16 23, 167.22 / 1 , 197.68

1 5 ,7 7 7 .9 8
399.29

2,11+9.38
U 5 . 0 7 2 .9 2 1+3, 913.81

Schedule C -l-A

O bject C la s s ific a tio n

O perating

FUnd C l a s s i f i c a t i o n G eneral R e stric te d

S alaries A Wage s

S upplies & Expense Equipment

ORGANIZED RESEARCH

G eneral - A g ricu ltu re i Ag. In d . & S erv ices B ureau o f Bus* R esearoh

7 7 .U 6 U .9 9
,12.6U8.62 12.6U8.62
9 981.08

6l.5Ul.65 20,209.05
7.799-3U

9,7U9.65 6,173.69 3.88.0U 2,000.15

2,027.89

153.85

D isease Research

12,095.87 5.891.95 12.J65.87

1,278.10 U.3U3.85

G eneral

89,625.62 8,000.00 78,3J7.69

7.U52.93 11,835.00

1 I*

R adio-A ctive F ert* Exp. C arnegie Researoh

2U8.U9 807.08 2.U21.25

186.00 658.30

62 .U9 2,5Ul.03

29.00

Iro n Experim ents

U88.U9

268.00

220 .U9

P otash Experim ents Sulphur Experim ents Cyanamid E xperim ents C en tral Soya

627.98 962.08
U2U.07 286.70

531.25 750.87 268.75

96.73 211.21 155.32
6.70

280.00

Sodium E xperim ents A n a ly tic a l Navy

6.5U1.U5 U.178.5U

U,797.75 U,025.OO

1.-5U3.70 153.5U

O rganic Navy M inor Elem ents Navy-M athem atic s M erck A Company P u b lic H e a lth - M ai. P ine N u tritio n

96.55 19U.61 2.U00.00 79.78 5.626.U2
705J+5

1U7.00
2.UOO.OO
U,799.88 365.00

96.55 U7.61
79.78 757.90 120.00

68.6U 218 .U5

Boron E xperim ents

578.85

252.U5

326.38

Copper T.V .A . Meat Navy Cymene P r o j e c t A tom ic E n e rg y Com. M ineral Study - H o rt.

17.00 3.859.77
732.52 2,610.33
U56.27

17.00
1,580.8U 625.00
1,125.00 115.63

1.750.95 107.52 126. 9U 221.09

527.98
1.358.39 121.55

TOTAL ORG. RES. 1 2 0 2 ,6 2 3 .2 6 5 9 ,8 7 5 .1 5 2 0 3 .l6 5 .3 2

3 2 ,2 2 2 .5 U 27, 110.55

SERVICES RELATED TO INSTRUCTION

C ream ery

$ 106,632.11

D airy Farm

UU.7OO.23

Food P ro c e s s in g

19,175.88

G reenhouse

5.U93.86

H o rtic u ltu re Farm L iv e s to c k Farm Meat Curing P la n t

11,317.31 30,011.76 162,761.00

P oultry P lant

TOTAL SERVICES

20,070.97

28,19U.18 77,336.09 1,101.8U

18,5U9.21 2 i,7 U i.o i U.U10.01

8,038.03 10,015.85 1,122.00

2,593.20

2,871.72

28.9U

8,UUU.15

2,275.16

598.00

8, 635.67

8,379.69 12.996.U0

13,393.91 1U6,510*38 2,856.71

29,319.81

82.89

4\

98,U2U.U7 298.UU9.71 23.196.79

EXTENSION Ag. I t i n . T r. T raining Ag. S hort Course C ereal In s titu te Ga. P o u ltry Imp. A ssoc. A tla n ta Area F ield S ervices Ag. Educ. R elatio n s D istrib u tiv e Educ. J u liu s Rosenwald Fore s tr y Home E c . I t i n . T r . T r a i n . L itera ry Q uarterly
M ilk M arketing

35.539,99 766.25.

5,206.02 15.9U2.58

1U3.U7 1,199.63 15,662.50

15.633.71 6.7U5.65
168.60

600.00 20,760.90

6,821.13

999.3u

28,06U.80
122.00 37.80
17,959.70 13,2l6.U8 11.U83.76 U.916.59
105.00 600.00 15,770.98 U.656.87

7.U75.19 766.25 21 .U7 56U.93
2,908.82 2,726.10 U.1U9.95 1,6U0.38
63.60
U.989.92 2,l6U.26
999.3U

556.90 188.68

Schedule C-l-A

Fund Classification

G eneral R e stric te d

EXTENSION ( C o n tin u e d )

G eneral M ills (N utr. Educ)

2, 066.11

Surveys - E ducation U n iv ersity P ress

1+,208.21
$ 3I+,226.12

S o il T estin g & Survey

6,1+35.1+5

599.99

Trades & Ind. Educ.

6, 01+8.57

V eterans Guidance

36,335.1+1

V eterans T r. T raining

18,1+21.08

V o catio n al G uidance

lJ+,309.22

R es. - Use E d ucation A rchaeology

9, 299.90

1+,72O.89

235.OO

Museum

5,1+01.1+7

50.00

M ental H ealth

3,81+5.31+

Womans C lub

8 5 .9 5

TOTAL EXTENSION $ 117,!+5U.66 15!+,983.82

Olbjeot Classification

Salaries

Operating
Supplies &

& Wages

Expense Equipment

1, 050.00 I .I + 30.91
12,1+68.51+
5.371+.92 1+, 5 6 6 .6 2
30, 1+29.17 11, 869.69
1 0 ,8 1 8 .2 6
6, 133.30
2 ,6 3 8 .8 7 1+,691.26
3 ,3 7 9 .1 3
85.95 191, 870.60

1, 016.11
2 ,7 7 7 .3 0
21. 757.58
1 ,3 7 1 .2 0
1,1+81.95
1+, 6O7 . 6I
6 ,5 5 1 .3 9 3,1+90.96
3, 166.60
2 ,0 9 8 .8 2
535.1+0 1+66.21

289.32
1, 298.63
2 1 8 .2 0
22I+.8I

77. 791. 31+ " 2, 776. 51+

TOTAL EDUC. ie GEN. EXPENDITURES

3.3Uo,190.ll 355.107.Ul .763,862.79 7U5.263.62 186,171.11

NON-EXP ERSE Refunds P rev. Y rs ., In c . T rans, to O ther Funds
TOTAL NON-EXPENSE $

, 155 361.21
1 5 5 ,3 6 1 .2 1

16,306.2U 882.22
17,188.1+6

TOTAL EDUC. * GEN. DISBURSEMENTS

3, 1+95, 551.32 372, 295.87

B. GENERAL EXTENSION ADMINISTRATION Gene r a l
PLANT OPERATIONS

t ___ 23, 925.80 1 , 196.00

INSTRUCTION Columbus C enter G ain esv ille C enter W ayross C enter A tlan ta C enter Rme C e n te r Savannah C enter

3I+, 2 3 7 .6 7
10, 1+7 3 .2 2 1 1 ,3 8 1 .5 3 1 5 ,9 3 5 .9 2
21, 505. 11+
F 112, 316.61

A u d io -V isu al Aid

TION $ 29,708.82

EXTENSION

Forums

4

C o rrespondence

P art-T im e & S pec. Sei e

TOTAL EXTENSION 1

8. 079.17 +1+,31+1 . 1*8 30, 1+30.02
8 2 ,8 5 0 .6 7

TOTAL GEN. EXT. EXPEND4 21+9,997.90

NON-EXPENSE R fds. Prev. Y rs. In c.

5 .3 U Q .1 5

TOTAL GEN. EXT. DISB. 2 5 5 ,3 3 8 .0 5

16,296.62
,1 196.00

Schedule C-l-B 6,726.31 902.87

29, 816.07 8, 160.00
9,370.81+
1 5 ,9 3 5 .9 2 19,783.21+

i+,1+21.60 1,823.72 2, 010.69
1 ,5 8 7 .2 2

U89.50 13I+.68

99.251+.07 " l i , 7 6 5 .1 0 " 1 , 297.u u

9 ,0 1 5 .2 0

5,991.U 9 li+,702.13

7 ,3 2 6 .2 6 1*1,1+01.75 22.51+1+.1+5 71.272.1+6
197. 03U.35

752.91 2, 939.73 7, 885.57
1 1 ,5 7 8 .2 1
3 6 ,0 6 1 .1 1 1 6 ,9 0 2 J+1+

Schedule C-l-C

AUXILIARY ENTERPRISES

DORMITORIES

B arracks

$

Brown

Camp W ilk in s

C andler

C larke Howell

Lucy Cobb

Mary Lyndon

Mi H e d g e

Mi H e d g e Annex

R utherford

Sm all Dorns*

S o u le

A # A

C oordinate

P rivate T railers

C raw fo rd W. Long

V eterans Housing P ro je c t

Law D o rm ito ry

TOTAL DORMITORIES $

Fund C la s s ific a tio n G eneral R estricted
10, 588.63 13. 059.36 1+.913.75 6, 762.33
6 ,6 3 1 .8 7 9 ,5 ^ 6 .8 6 1 0 ,6 3 1 .2l+ 1 1 ,5 6 7 .6 8
5, 310.01 10, 1+97.31
6,11+8.85 9 ,1 9 3 .0 7
1+ .073.65
3 2 ,7 8 7 .3 1
1, 657.22
552.78 7 9 ,1 8 5 .6 2
1+.+79.61
2 2 7 ,5 8 7 .1 5

O bject C la ssific a tio n

O perating

S alaries

S upplies &

<fe Wages

Expense Equipment

1+.1+1+5.12 5.70+.30 2,1+21.99
2,757.1+5 i+, 1 1 2 .0 0 5,21+8.85
5 ,1 9 7 .9 3 5.711+.00
1 ,8 0 5 .5 0
+,623.03
2 ,1 2 1 .1 5
1+, 655+5
1,81+5.60
15, 71+1+. 50 I 05.O I 330.33
31, 1+91+, 13 2, 252.10
100,578.1+1+

6, 11+3.51
6,1+1+7.21+
2, 1+91.76
l+,0Qi+.88
2 ,3 3 2 .3 7
1+, 298.O I
5.1+33.31 5 ,8 5 3 .6 8
3. 50I+.51
5.871+.28
+ ,0 2 7 .7 0 1+.537.62
2 ,2 2 8 .0 5 17,01+2.81
1 , 552.21
222.1+5
1+2, 692. 1+7
2 ,2 2 7 .5 1
120,911+. 37

9 0 7 .8 2
1 8 7 .50
1+,9 9 9 .0 2 6,09l+.3l+

DINING HALLS

T ea Room

$

C afeteria

C oordinate

Denmark Lucy Cobb

Mi H e d g e Annex

TOTAL DINING HALL I

1 9 .9 3 6 .8 2 1 0 9 ,3 8 0 .8 2
1 0 2 ,2 2 9 .1 8
111, 190.12 36, 31.8.68
+6,71+3.20
1+25,798.82

G e n e ra l Dorms & D in in g $ 9.357+ 1+

TOTAL DORMS. & DINING $ 662,714.3.1+1

OTHER Cow T e s t i n g Egg C ontest P rin tin g Departm ent U n iv ersity S tores
TOTAL OTHER

$ 18,911.60 10,788.91+ 1+3,856.21+
3 7 7 ,5 2 7 .7 3
$ 1+51, 081+. 51

TOTAL AUXILIARY EXP. $1 ,1 1 3 ,8 2 7 .9 2

7 .5 5 8 .0 2
27. 937.81
2 l+ ,9 1 0 .7 2 2i+,29l+.79
10, 11+6.52
8,1+00.77 103,21+8.63
8 ,8 3 0 .1 3
2 1 2 ,6 5 7 .2 0

1 2 ,3 7 8 .8 0 81,1+1+3.01 77,318.1+6
86, 895.33
2 6 ,1 7 2 .1 6 38,31+2.1+3
322, 550.19
527. 3I
1+1+3,991.87

6,09l+.3l+

13, 638.78 3, 700.00 22, 898.1+6 32, 775.08 73, 012.32
285, 669.52

1+,8 0 9 * 7 0
6 ,6 8 8 .9!+
1 9 ,9 0 8 .8 1 31+2,928.20 37+, 3 3 5 .6 5
8 1 8 ,3 2 7 .5 2

I+63.12
1+00.00 1,01+8.97 l,82l+.l+5
3. 736. 51+
9 ,8 3 0 .8 8

NON-EXPENSE T ran sfer to P la n t Funds

1|2, 53&.61+

TOTAL AUXILIARY DISB. $ 1 , 156, 36i+*56

Schedule C -l-D

D. OTHER NON-EDUCATIONAL Fellow ships S cholarships P r iz e s and Awards TOTAL OTHER NON-EDUC.

Fund C la s s if ic a tio n

S alaries

G eneral

R e s tric te d & Wages

1, 000.00
8 ,8 8 2 .2 8
600.00 10, 482.28

O perating S upplies A
Expense Equipment
1*000.00
8 ,8 8 2 .2 8
600.00 " 10, 482.28

& , 70l ) ,015.93 365, 589.69 5, 21)6, 566.66 1,6 lO ,1 5 U .5 5 212,901).1)3

NON-EXPENSE DISBURSEMENTS

203,258.00 17,188.46

TOTAL CURRENT DISBURSEMENTS $ 4 ,9 0 7 ,2 5 3 .9 3 3 8 2 ,7 7 8 .1 5

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1950

Schedule D

A. EDUCATIONAL AND GENERAL STUDENT FEES A tla n ta Area

B alance B eginning
Of Year

R eoeipts *or Year

b istu rsem ents
For Year

T ransfers

B alance End
Of Y ear

-9 ,362.50

9 ,3 6 2 .5 0

GOVERNMENTAL Ghauts A Aids

O ther S ta te s

S tate of V irg in ia

For Ag. E d u . R e l a t i o n s S tate of L ouisiana

50 0 .0 0

500.00



For A g. E du. R e l a t i o n s

500.00

500.00

State of N. C.

For Ag. Edu. R e la tio n s S tate of M ississip p i

500.00

500.00

For Ag. Edu. R e la tio n s

V ocational

$ -2 2 ,9 8 3 .6 1

U nited S ta tes

750.00 8 4 ,6 6 1 .5 3

75O.OO 85,326.84

(-2 3 ,6 4 8 .9 2 )

M o rrill-N e lso n Fund D ept, o f H ealth

6 8 ,9 9 0 .0 0

6 8 ,9 9 0 .0 0

For M alaria D ept, of H ealth
For M ental H e alth Navy D epartm ent

1 ,6 6 8 .5 7
1*78.0 3

7 ,3 1 0 .0 7 3 ,3 6 7 .7 6

5, 626.1*2 3*845.34

3 ,3 5 2 .2 2 478.03(1) (-477.58)

For Research

(-7 6 8 .9 0 ) 7,91*4.00

V ocational

(-1 4 * 6 5 8 .7 9 ) 62, 509.45

D ept, o f A g ric u ltu re

F o r A g rio . E n g . ; 1 , 063.07 11,71*2.37

C ounties

7 ,407.61 65,498.46
12,648.62

( - 232. 51)
(-1 7 ,6 4 7 .8 0 )
156.82

C larke County

For D em onstration Sch. Richmond County

2 8 ,782.11 28,782.11

For Survey

________________ 4 ,6 2 0 .0 0 ______4__,2__0_8_._2__1

TOTAL GOVERNMENTAL $ - 3 3 ,2 0 1 .6 3 2 8 2 ,1 7 7 .2 9 2 8 4 .5 8 3 .6 1

478.03 -3 8 ,0 8 5 .9 8

Schedule D t *

EDUCATIONAL AND GENERAL (ContM) ENDOWMENT Franklin College Alumni Library Alumni Y. M. C. A. Horace B. Russell Univ. of Ga. Found. For Physics Prof. Univ. of Ga. Found. For Theo Dalton
TOTAL ENDOWMENT

Balance Beginning
Of Year $
$

GIFTS Chilean Nitrate Edu. Bureau - For Sodium International Minerals & Chem. Corp - For Iron American Potash Institute For Potash General Mills For Nutrition Emory University For Atlanta Area Rosenwald Fund For Education Tennessee Corp. For Minor Elements
T. V. A. For Soil Survey
Pacific Coast Borax Co. For Boron
American Cyanamid Co. For Cyanamid
Carnegie Foundation For Research
Tennessee Corporation
For Copper Mrs. J. Kambridge
For Art Museum Mr. Harry Hodgson
For Art Museum U. s'. Radio Active
For Experiment Texas Gulf Sulphur Co.
For Sulphur General Edu. Board
For Ag. Edu. Relation Int. Mineral A Chem. Cor;?
For Hcrt. Research T. V. A.
For Meat Spoilage Tenn. Corp. Rsch. Lab.
For Pine Nutrition Atomic Energy Com.
For Research

8I I . 9U
2 ,8 0 3 .7 5 97U.OO 381.99
323.98 1 .1 6 9 .1 5
1.3U 7.73 536.18
2,i#U .90 197 .U6
1 ,0 0 9 .9 9
16I4.67 1 , 51+7.914
937.83

Receipts For Year

Disburse
ments For Year Transfers

8 ,0 0 0 .0 0
250.00
200.00 2 0 0 .0 0
1 ,0 0 0 .0 0
300.00
9 ,9 5 0 .0 0

8 ,0 0 0 .0 0
250.00
200.00 200.00
300.00 8, 950.00

6 ,0 0 0 .0 0
1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0

6,31+1.1+5 1*88.1*9 627.98
2, 066.11 6, 300.00
168.60
19U.61

Balance End
Of Year

*vr %
SB*| | **
W
''4- glfjIj a -4l 1f

1 ,0 0 0 .0 0 1 ,0 0 0 .0 0

< 11r
4V| l k

A *- L
1+70.1+9 1
p+ { 2 ,3 1 5 .2 6

1 , 51*6.02 <,11 V*
815.88

1 5 5 .3 8 1.971+. 52

*
3* J
ft

599.99
1, 500.00

599.99 578.83

600.00
3*353.90
300.00 25.00 25.00

1+21+.07
2, 1*21.25 17.00 25.00 25.00

1 , 500.00

21*8.1*9
962.08

10,U 60.56 2,1*00.00

13*383.71
1+56.27

8^9.72

1 ,0 0 0 .0 0 3 ,000.00

703.1+5
,2 610.33

pf| 1 2,268.90 u

712.11 265.62(1) 3.161.93
1*80.1*6
7 6 1 .5 0 702.59

k
4

< if

,m

'

vV|. m

&I

rl

jk I
A4

( - 1 ,3 7 5 .2 1 ) ii ..

2,881.56 k

V
882. 22( 2) ( - 12. 50)

296.55

389.67

Schedule D

Balance

Beginning

Of Year

EDUCATIONAL AND GENERAL (Cont'd)

GIFTS (Cont *d)

Ga. Poultry Imp. Assn.

For Vet. Medicine

Georgia Hereford Assn.

For Livestock

Georgia Womans Club

For Education

Miso, from Various Sources

For Archaeology

T. V. A.

For Meat Research

Dr. A. H. Bunce

For Pharmacy Travel

Georgia State Florist

For Hort. Travel

Anonymous

For Hort. Travel

Robert W. Woodruff For Pharmacy

10,000*00

Mise, from Various Sources For Land Arch.

23.36

General Education Board

For Disease Research Cereal Institute

2 0 ,4 5 4 .5 4

For Home Economics

4 8 2 .0 0

Ball Brothers For Food Testing
General Education Board For Library Books

(-576.95) 960. 3I4

Merck & Company

For Poultry National Yeast Corp.

122.41

For Home Economics

1 ,0 0 0 .0 0

Central Soya Company

For Dairy Department

TOTAL GIFTS

$ 1*7.167.19

Receipts For Year
1, 500.00 600.00 225.00 235.00
1, 659.17
100.00
150.00 16.00
1 , 500.00 48, 619.34

Disbursements
For Year
1, 159.63 600.00
85-95 235.00 3 ,8 5 9 .7 7 100.00
150.00 16.00
5. 891.95
11*3-1+7
960.34
7 9 .7 8
286.70
52, 211.30

Transfers

Balance End
Of Year

31+0.37

139.05
( - 2, 200. 60)

1 0 ,0 0 0 .0 0
23.36 ll* ,562. 59( l )
338.53 (-5 7 6 .9 5 )
1+2.63
1 ,0 0 0 .0 0 (1 )
1, 213.30
16,710.43 26,864.80

TOTAL EDUC. & GENERAL

$ 11,965.56 350, 109.13 355, 107.1+1 1 7 ,1 8 8 .4 6 - 1 0 ,2 2 1 .1 8

B. OTHER NON-EDUCATIONAL

Fellowships

Georgia Feed Association

For Agriculture

$

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0

Scholarships Sears Roebuck Foundation For Agriculture Various Sources For Pharmacy Sears Roebuck Foundation For Betty J. Smith Borden Company For Home Economics Union Bag Company For Agriculture

2, 016.63 150.00
3 ,2 0 0 .0 0

2, 124.98 - 6 8 3 .3 7 ( 3 ) 5 7 5 .0 2

75.00 150.00

-1 5 1 .7 5 (3 )

7 6 .7 5

300.00 - 2 ,1 0 0 .0 0 ( 3 ) 1 ,8 0 0 .0 0

2, 533.00 - 4 ,2 6 5 .0 0 ( 3 ) 4 ,9 3 2 .0 0

-55-

Sohedule D

OTHER NON-BDUCATIONAL ( C o n t'd ) S cholarships (C ontfd) Seedmans G eorgia Feed A sso ciatio n For Scholarships Mrs* Ray M* D u rr For P oultry K ro g e r G ro cery Co* Mrs* A* W. B oynton For L ois Drawdy R ebecca R. F e lto n Rind For C h a rle s Shaw TOTAL SCHOLARSHIPS

B alan ce B eg in n in g
Of Year
1 ------------------

R eceipts For Year
300.00 900*00 1, 600.00
800.00
500.00 200.00
9 ,6 6 6 .0 3

D isbursem ents
For Year T ran sfers

B alan ce End
Of Year

300,00

- 3 0 .0 0 ( 3 ) 30.00

700.00 - 100. 00( 3) 300.00

1, 199. 31* - 2, 000. 00( 3) 2,1*00.66 799.96 - 2 0 0 .0 5 (3 ) 200.09

500.00

200.00 8 ,8 8 2 .2 5 - 9, 530.17 10, 3ll*. 52

Awards U niv. o f Ga. Foundation For M ichael Award E th e l J e n k in s Award For F orestry TOTAL AWARDS
TOTAL OTHER NON-EDUC.
TOTAL RESTRICTED FUNDS
(1 ) Refunds t o Donors (2 ) T ran sfer to G eneral Funds (3 ) T ra n sfe r from Agency Rinds
TOTAL TRANSFERS

* 11. 965.56

500.00

500.00

100.00 600.00

100.00 600.00

11, 266.63 10,1*82.28 - 9 ,5 3 0 .1 7 10,311**52

361, 375.76 3 6 5 ,5 8 9 .^ 9 7. 658.29

9 3 .3 h

16, 306. 2U
882*22 -9 ,5 3 0 .1 7

STATEMENT OF TRUST FUND BALANCES Year Ended June 30, 1950

Sohedule E

BALANCE OF PRINCIPAL, BEGINNING OF YEAR income n o t tr a n s f e r r e d )
ADDITIONS* G ifts and G rants Income o f Investm ents Notes Recovered T ra n sfe rs from Loan Funds T ra n s fe rs from Endowment Funds
TOTAL ADDITIONS

(in c lu d in g

Endowment Funds
* 2 ,1 7 9 .8 0 1 .7 3

Loan Funds
* 7 0 8 ,1 9 3 .0 3

M iscellaneous Funds
t 8, 601.03

* rl+ ,337.31 1 200.00 1 30, 261.32

7 0 ,0 1 1 .5 t* 2l*,l*0i*.ljl*

108.75

330.00

1 0 ,5 5 1 .7 5

20, 1*83.62

95. 23O .6O 1 1*5, 088.06 * 30, 370.07

DEDUCTIONS: Notes w ritte n o ff Loss on S ale o f Investm ents (S tocks and Bonds) $
T ra n sfe r t o G eneral Rinds T ra n sfe r to R e s tric te d Rinds T ra n sfe r to Loan Funds T ra n s fe r t o Endowment Funds
Expenses of T rust T ran sfer to O ther In s titu tio n s

12,987.1*6
7. 75O.OO 8, 650.00 20, 1*83.62
61*8.27 26,1*95.01*

1 150.00 29.00
1 0 ,5 5 1 .7 5
1 , 826.1*6 2, 126.90

32. 1i16. 3i*

/J* >| fp gJB
>,4.
4b
1
jLj! A-
A :M K W*
4
Ri
f| iff
V*
4/1
>' B
A4
S V. M 1
>* 4
b*
M4TW
4*1 fJ
T1

-56-

,>if >a i,
41
v4
4 w

DEDUCTIONS (C o n tin u e d ) S ch o larsh ip s, Awards, etc* C o lle c tio n C osts M iscellan eo u s - Hefund TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR
GRAND TOTAL

Schedule

Endowment Rind 8

Loan Rinds

M iscellaneous Funds

$ 1,1*52.08 $ 200*00

231. 51*

3 .3 9 1 .9 2

15.00

$ 78,698.01 $ 18,291.03 $

2, 196, 331*.32 73i*.9 9 0 .0 6 $

32, 11*6. 31* 6, 92l*.76

$2,938, llff.lU

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1950

Schedule E -l

1m
t* **
4-. X.
*4f|
V*
A4
>; B
><1 >41 >1 -y ff #4
4}
*\

Fund B alance

B eginning

Of Year

ENDOWMENT FUNDS Fund f o r Advancement o f A rt Alumni L ib ra ry A lum ni Y* M* C* A. W* H* Booook C h a rle s H* B rand C h a rle s McDonald Brown

7. 050.02 11, 597.1*2
ll*,l*03. 5t* 1*02.01
1 , 191.60 1*65, 91)2.19

H enry Brown

2t*, 781. 1*0

W. J* B ryan P r i s e

291.07

B e rn ic e F* B u lla r d E l i z a b e t h M* B u l la r d

23,29i*.i*9
1*9, 027.96

A. F. C h u rc h ill M emorial Edward T* Comer

29. 159. 1i* 23l * , 332. 1*l*

Jo e Brown C o n n ally S c h o la rs h ip

2 ,6 1 5 .8 2

May E . Talm adge - D. A. R* Richmond W alton McCurry - D. A. R.

1*. 1*86.77
1, 500.00

B* A. and T* N. Denmark

39.89U .57

W. S . Denmark

1 6 ,9 9 5 .1 0

Eugene and H arry Dodd P h ilip F ein g o ld M emorial

1,1*91.89
1, 027.00

F ran k lin C ollege Mary J , F ra n k lin

1 2 2 ,5 0 7 .0 0
1*, 616.93

G eorge R* G ilm er H arold H irsoh

1 5 ,6 2 2 .1 1
1, 21*6.32

A. L. H ull M emorial I n te r f r a te r n ity C ouncil Jo u rn alism D ean's Clyde L . Jr* and John King

395.21*
1 , 000.00 695.61
12, 500.00

G eorge D* K i t z i n g e r Joseph Rucker Lamar

12, 126. 71* 25, 000.00

L an d so rip Endowment

2l*l*,776.6l*

F r a n c is A* Lipscom b

2,053*81

Emma Long Lumpkin Law S c h o o l

567.71
26. 253. 9l*

Jo sep h H enry Lumpkin

llt,5 l3 .2 li

C h a r le s F . McCay

2 6 1 ,0 5 3 .5 7

Edmund M agers G e n e ra l Endowment

Isa a c M einhard M emorial

9 9 3 .2 1

A ddit ions



3 6 .5 0

3ol*.l*o

355.56

5.00

1*1 . 31*

16,773.1*1
68l *.72

7.1*3
2, 062.08

1 ,2 5 6 .7 0

1 ,7 5 5 .1 0

2 0 ,1 7 2 .7 7
68.60

31*7.22
52.69 1, 131.69
1*73.36 39.97 19.06
8, 562.50
129.90
1*18. 31* 35.00 8.30

318. 71* 303.12
935.61*
6, 155.00
52.21*
lU .09 1 ,6 7 2 .1 7
3 7 7 .1 0
6, 97.52 102.79
22.50

D eductions
1 250.01 200.00 .01
1*1.31* 232.37
05 13.32 317.1*0
788.1*0
9. 51*8.50
10.00
11*7.22 52.69 1, 100.13
.09
.0 1 8 ,0 0 0 .0 0
206.00 500.06
318. 71* 293.76
935.61* 6 ,0 5 0 .0 0
1*21.90
.01 .10

Rand B alance End o f Year
$ 7, 088.52 11, 651.81
ll*. 559.10
1*07.00 1, 191.60 1*82, 1*83.23
25,1*66.07
285.18
2 5 ,0 3 9 .1 7
50, 281*.66
30,125.81+
21*1*.956.71
2, 67l*.1*2
1*. 6 8 6 .7 7 1 ,5 0 0 .0 0
3 9 ,9 2 6 .1 3 17,1*68.37
1 , 531.86
1,01*6.05
123, 069.50 i*. 51*0.83 15, 51+0.39
1 ,2 8 1 .3 2
1*03. 51* 1 , 000.00
695.61 12, 500.00 12, 136.10 25, 000.00
21*1*,881.61*
2 ,1 0 6 .0 5 581.80
27,50l*.21 11+.890.33 2 6 7 ,7 5 0 .9 9
102.79
1 ,0 1 5 .7 1

Schedule E -l

ENDOWMENT FUNDS (C o n t* d ) B ert M ichael S ch o larsh ip Thomas E . M itc h e ll - E d u c a tio n a l Thomas E . M itc h e ll - G eo rg ia Thomas E . M itc h e ll - C o o rd in ate P e a r l C am pbell Moon * C. A. and Homer B. T . Moon M usic S c h o la rsh ip George F o s te r Peabody Phelps-S tokes Fellow ship B en jam in Z . P h i l l i p s Law A. W. R eed M em orial N e il R eid M emorial H. L. Richmond F ello w sh ip Horace B. R u sse ll P riz e J e s s i e Woodrow S ay re Award Edward S . S h o rte r Hoke Sm ith M em orial M artin R. Smith P riz e
0 . V. Smith W illiam T e rre ll Berryman T . Thompson Frances Clem entine Tucker Hugh V. W ashington C ecil W ilcox - P riz e C e c il W ilcox - Loan R o b e rt W. W o o d ru ff F o r e s t r y W illia m J . Young
TOTAL ENDOWMENT FUNDS

fund B alance
B eg in n in g Of Year

A dditions

Fund B alance
o;f D e d u c tio n s _______ Y ear______

$

997.73
1 5 1 ,0 8 5 ,7 6

$ 27.55 1*, 163.22

$ 15,383.72

$

1 ,0 2 5 .2 8
139,865.26

37,952.95 25,186.1*3
2.262.07
2 .2 6 2 .0 8

l+,200.25 2,52l+.32
66.80
75.53

2,082.91
1,911.61*
.01

]+o,070.29 25. 799.11
2 ,3 2 8 .8 6
2,337.61

2,301.1*8

51.93

2,353.1*1

5I4I .23 17,603.87 13,037.82

II.90
1*1*1*.68
578.70

553.13

18,01*8.55

.01

13,616.51

U,396.30 75.00

211+.68 .200.00

.03 160.00

1*, 610.95 115.00

2 8 ,2 8 9 .3 2

626.81*

675.26

28,21*0.90

2,261**35 500.00

52.50

300.00
200.00

2 ,0 1 6 .8 5
300.00

2,500.00 1+, 332.1+3 3,9l*l.ll 60,389.02

2,561**39
7 0 .0 0
95.92 2,306.67

1 ,8 0 8 .6 7

5 ,o61*.39 1*,1+02.1*3 1*, 037.03
6 0 ,8 8 7 .0 2

20,925.20 13,271.12 7 3 , 1 3 1 *.69 2,506.23
2 ,0 0 0 .0 0
2,500.00 932.1*6
29,206.58

558.51
1*51.26
3,9ll*. 50 83-75 50.00 68.76
11.56
1*21.83

700.01
1*51.26
3,9li*.50
50.00 68.76
.01
21,563*1*7

20,783.70 13.271.12 73,131*.69 2, 589.98
2 ,0 0 0 .0 0
2,500.00 9I4U .O I
8,061*.9l*

$2,179,801*73 $ 95,230*60 $ 7 8 ,6 9 8 .0 1 $2,196,531**32

LOAN FUNDS L u cile A lexander A lpha Z eta Alumni A s s o c ia tio n P resto n S. A rkw right
R. and L. Arnold A tla n ta C o tto n O il Company
The A tla n ta J o u rn a l A tlan ta Stockyards DuPree B a rr e tt L. H. B eall Bibb C ounty Dawson C h arles H. Brand Mary Upshaw B roach C h a rle s McDonald Brown
H en ry W. Brown B ryan C ounty Dawson Shepherd Bryan B ernice F . B ullard A sa G. C a n d le r C harles H. Chandler C a r r o ll C ounty Dawson Chambe r 1i n - J ohns on-Du Bos e C h a rlto n County Dawson Chatham County Dawson

$

667.86 $ 16.21+

388.92

9.21+

1,303.18

32.56 $ 17.50

1,699.29 202.05

39.78 5.00

1*79*00

IO .9U

1,525.78

37.55

170.65

1.56

537.38

10.32

.01

180.81* 1*50.00

3.12 282.Il*

289,20

736.77

1*1.31*

355.70

8.71+

1+0,001*. li* 1,270.10

1,668.21 1*8.19

6,305.99 10I*. 06

25.70

359.11+ 7,91+8.97
258.81*

8.13 1*03.00
11.21*

l,361+.78

280.85

1.21+

306.02

7.50

625.06 . 12.66

15+.1+6

3.76

252.93

6.21+

681*. 10
398.16
1,318.21*
1,739.07 207.05 1*89.9U
1,563.33 172.21
5U7.69 183.96 U+2.9U 778.11 36I+.I++ 35,366.36 l,2ll*.23
25.70 367.27 6,987.19
270.08
282.09
313.52 637.72
158.22
259.17

11

.f a

Schedule E -l

.'/Jmfil >!# m
4J 4i <t V a Ml
V iK

>4 H: i
ill 1 *J *
M 4 v il '^ Iw 'a 4?S
*k `* 1;%'
A Hi
+1
JIlV
4
1

Fund B alance

B eginning

Of Year

LOAN FUNDS (C o n t* d )

Chi P si E d u catio n al A F. C h u r o h h ill

* 10. u 39.96

C itize n s & S outhern C lass o f 1926

16. 931.99
305.70

0* L. Cloud

U .95U.05

Mrs J H. Cloudman

1+59*1+0

Cobb C ounty Dawson Columbia County Dawson Edward T Comer

255.07
1*2.78
25. 8u u .9u

E lija h C larke D. A. R. D. A R M em orial May E rw in Talm adge D. A R.

2 ,1 6 0 .5 9
12. 5U3.16 1, 983.58

Richmond W alton McCurry D. A. R . L i l a N a p ie r J e l k s D. A R.

i+ll.1+1
630.03

E dgar G ilm er Dawson

303. 8i u .32

DeKalb County Dawson W. S . Denmark

893.55
1, 205.00

Eugene & H a rry Dodd D ruid H ills M emorial J C Dukes - Home E conom ics

105.99 173.29
1, 275.00

J . C. Dukes - B u s in e s s A d m i n i s tr a t io n J C* D ukes - A g r i c u l t u r e

1,275*00
1, 500.00

E a r ly C ounty Dawson

91.69

E lb e r t County Dawson E p s ilo n Sigma F h i

719.51 7 9 .2 3

Exchange Club - A tla n ta

286.63

W. W. F in l e y
Lucy H urt F isc h e r
C h a rle s IT* F o rd
F o restry Loan

3 ,2 0 8 .1 5
1. 875.19
870.07
l.c U U .27

1+-H C lub Loan

2 ,0 3 6 .5 0

Freshm an Y. Commission

9 5 .7 7

F h lto n County Dawson

582.1+2

G e o rg ia - A t l a n t a 5s W est P o in t R. R.

582.65

G eorgia Bankers A sso ciatio n

9 ,2 6 1 .5 9

G eo rg ia B ankers - Boys

2.U 79.57

G eorgia Bankers - G irls

3 .0 3 U .6 U

G e o rg ia Power Company G irls Canning Club

1 1 ,1 3 8 .7 5
1+, 283.61

Glynn C ounty Dawson

21+8.28

Grady C ounty Dawson

288.29

H a ll C ounty Dawson

668.21

H ancock C ounty Dawson

535-28

Jam es C H a r r i s
Frank Hawkins
A. L. H u ll M em orial

70U.UU U33. 1U
223.08

Jam es H* H unt

111*, 8 7 8 .7 6

J a s p e r County Dawson M rs. Graham Johnson

277.50
U25. 9U

B ess D J o n e s
Ju n io r League * A tla n ta
J B. Keough

288.19
292.93 259.S3

Clyde L. J r . and John King Kirkwood P , T. A.

253.05 373.8U

Joseph R ucker Lamar

3 ,1 0 3 .5 0

A dditions
# 200*00 801+.13
u i u .25 5. 9U
1 1 7 .3 2 8.11+ 6 .2 6
.62
lU .2U 7.73
U8.76 1+11.90
169.87 5 3 .0 0
15.00
9,61+9.1+8 8 .1 2
7 8 .3 9
3 .1 2
31.87
31.87
3 7 .5 0 1+.18
16.89
.62 5 .8 2
7 2 .9 3 53.21
23 >7U 19.68 65.UU
1U .36
1 1 .8 6 1+35.22
1+8.76
107.9U
2 2 2 .2 6 181+.26
5 .6 2
6.25 15. 7U 13.12
1 7 . 2U 10.62
3 ,0 1 7 .3 9 2 6 .6 2 1 0 .6 2
6.57 3. 2U
6.21+
318. 7U 22.65
1 ,0 5 1 .2 7

D eductions

ftmd B alance End o f Year

t

200.00

879.10 10,361+.99

150.80

17. 195.u u

311+61+

2 9 .7 5

5 ,0 7 1 .3 7
U67. 5U 261.33
U3.U0 1+0, 062.92

230.00
1+11+.06
3 7 .5 0 168.39

2 ,2 0 9 .3 5
12, 955.06
1, 923.U5
1+61+ .1+1
6I+5 .03 313.o u 9 . 7u
86I+.17 1, 115.00

105.99 176.1+1

1 ,3 0 6 .8 7

1 ,3 0 6 .8 7

1 ,5 3 7 .5 0

9 5 .8 7
736.U0 79.85
292.U 5
3 ,2 8 1 .0 8

1+1+.1+2

1 ,8 8 3 .9 8

893.81

1 ,0 6 3 .9 5

.03

2, 101.91

135.22
1+6.50

9 5 .7 7
596.78
59U.51 9 . 561.59
2,1+81.83

2 3 .1 5 2 7 .2 5
131+.01

3. 119.U3 u . 333.76
1+,3 3 3 * 8 6
253.90 29U .5U

6 8 3 .9 5 5U8.1+0
721.68 UU3.76

52.56

223.08
117. 8U3.59 301+.12

1+36.56
29U .76 296.17

266.07

2 0 .9 9

571.79 3 7 5 .5 0

U .15U .77

Sohedule E -l

Fund B alanoe B eginning Of Year

A dditions

Fund B alanoe End o f
S e d u c tio n s _______ Y ear______

LOAN FUNDS (C o n t' d ) Landscape A rch itectu re
F. E. Lanier L au ren s C ounty Dawson F ra n c e s A* Lipsoom b A rthur Lucas Joseph H. Lumpkin M oDuffie C ounty Dawson M rs. P . C. M cDuffie M cIntosh C ounty Dawson Maoon C ounty Dawson Mr. & M rs T . 0 . M a rsh a ll R. H. M artin M eriw eth er County Dawson
Moina M ichael T. E. M itch ell - G eorgia T. E. M itch ell - C oordinate
Moon M uscogee C ounty Dawson
R. C. N eely C. T, N unnally J . C arro ll Payne Phi D elta Phi B en jam in Z . P h i l l i p a Law S c h o o l
A. W. R eed M em orial B ertha R ich Richmond County - Boys Richmond County - G ir ls
B. R ivers R ockdale County Dawson James D. Robinson S. D. V. F ra te rn ity S a le C ity Dawson Savapnah D i s t r i o t Dawson
John D. Simmons Hoke Smith S t a t e Home Dem. C o u n c il S tu d e n ts* S tudent V eterans O rganization
Mark S u lliv a n Sum ter County Boys Sum ter County G irls T a t t n a l l County Dawson T e l f a i r C ounty Dawson Thomas County Dawson Berryman T . Thompson M eldrim Thompson Toombs C ounty Dawson F ran c is C. Tucker L e ila B ates Tye U. S. Government Ware County Dawson W ashington County Dawson L ouis W ellhouse M emorial C. P . W hitehead W h itfie ld County Dawson

71+1+.32 * 1+3.00 1+71.76 566.15 11+5.09
887.26

16.56 .31
9.37
2.1+9

150.00 2, 136.02
879*68
853*33 21+8.57 3 2 8 .6 5
583. 0U 9, 2ll+.l+8
1 7 ,9 2 7 .0 6
62.72 566.I+5
580.31 162.55
850.05 51.1+0
630.86 100.00
189.71+ 1,1+85.52
1, 150.00 266.52 1+20.00
251+.56
151+.25 1 ,0 5 2 .2 5
260.60
216.37 565.12
9 3 6 .5 0 1,71+8.56
561.27
173.19 2 ,6 3 3 .5 6 1,71+2.29
3 9 8 .7 8 10.00
205.68
5 ,8 8 5 .1 0
21+5.17 210.00 23,1+03.66
1,055.01+
2,697 *00
1+60.81+
360.1+5 l,ll+l+.l+l+
9 9 8 .7 5
5I+I+.I4I+

30*96 50.91+
20.01 5.62
9.51+
1+.20
2,1+73*92 2 ,2 7 l+ .11
.1+7 13.71+ 13.87
3.12
2 0 .3 7 .63
13.53
3.00
1 .8 1 3 5 .7 0 26.51+
6. 21+ 5.00 6. 21+
3 .7 6 21+.38
6. 21+ 5.00
12.91+ 17.1+8 98.91+ 3 2 .2 5
2.1+9 5 2 .6 5 3 0 .3 1
7 .8 2
5 .0 0
i+51.26
1+.70
2.50
3 ,7 6 9 .5 0 21+.38 11+2.81+
1+.37 7.1+9
I7.58
21+.07
12.67

2,1+01.73
698.26
2 3 .1 9
21+0.55
103.00 1+0.00 25.00
18.11 3 6 .3 0
1 ,8 2 3 .5 8 2 ,1 2 6 .9 0

760.88
1+3.31
I48I . I 3
566.15 11+7.58 887.26
150.0 0 2, 166.98
9 3 0 .6 2
873. 3U
25U .1 9 337*99 597.2L+ 9 ,2 8 6 .6 7 1 9 ,5 0 2 .9 1
1+0.00 580.19 59U .1 8
165.67
870.1+2
52.03 1+03*81+
151*55
1, 521.22
1176.5U 272.76 1+00.00 2 6 0 .80 158.01
1 ,0 7 6 .6 3 266.81+ 221.37 578.06
935*87 1 ,8 1 1 .2 0
593*52 175*68 2 ,6 8 6 .2 1 1 ,7 7 2 .6 0
I+06.60
10.00 210.68 6 ,3 3 6 .3 6 21+9*87
212.50
25,31+9.58 1,079*1+2 712.91+
1+65.21
367.91+
1 , 252.02
1 ,0 2 2 .8 2
557*11

LOAN PONDS ( C o n t 'd ) C eoil W ilcox R obert W oodruff I d a A* Young TOTAL LOAN PONDS
MISCELLANEOUS PONDS G eorgia 0-H Club F oundation
G e o rg ia 0-H C lub M. B. L ane
G e o rg ia 0 -H C lub N egro Camp
G e o rg ia 0-H C lub R ock E a g le
TOTAL MISCELLANEOUS FUNDS
TOTAL TRUST FUNDS

Schedule -}

Find B alance B eginning Of Year

A dditions

D eductions

Fund B alance End o f Year



2 8 0 .0 7 I I 8.76

500.80

6.88

5*1+86.78

222.61+


79. 11+

398.83
507.72 5 ,6 3 0 .2 8

* 7 0 8 ,1 9 3 .0 3 1+ 5,099.0$ 1 18, 291.03 7 3 0 ,9 9 0 .0 6



8 ,6 0 1 .0 3 2,728.1+5 5,835*03

5 ,0 9 0 .0 5

2 6 ,5 0 0 .0 0

2 6 ,3 1 0 .9 1

189.09

5 5 .0 0

5 5 .0 0

1 ,0 8 6 .6 2

1 ,0 8 6 .6 2

8, 601.03 * 30, 370.07 32. u 46. 3u "T ~ 6 ,8 2 0 .7 6

* 2, 896, 595.79 1 7 0 ,6 8 8 .7 3 1 2 9 ,1 3 5 .3 8 * 2 ,9 3 8 li* 9 .lU

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1950

Schedule E-2-1

ENDOWMENT FUNDS Bonds. U. S T reasury Bonds, S ta te and M unicipal S to c k s Common

. I kr.

Loans on R e a l E s t a t e , Campus Real E s ta te , Pff-Campus Loans on F r a t e r n i t y Homes
(Off-Campus R eal E s ta te )

TOTAL ENDOWMENT FUNDS

Book V alue
1 * 5 6 0 ,3 5 5 .0 0
160, 000.00
1 2 5 ,2 6 6 .2 0
(U . o f Ga. B u ild in g s ) 296, 066.36
3 7 * > 5 .6 8 2 5 ,2 5 0 .0 0
2 ,2 0 0 ,0 0 3 .2 0

LOAN FUNDS

Bonds, U. S T reasury

176,625.00

S to c k s Common

1 .0 0

L oans on R e a l E s t a t e , Campus ( F r a t . Homes) (U . o f G a. B ld g s ) 168, 865.65

Loans on Real E s ta te , Off-Campus ( F r a ts .)

60,6A*1.66

S tudents N otes R eceivable

1 0 5 ,5 2 0 .5 8

Loans - N orth G eorgia C ollege

3 7 ,0 7 6 .0 9

Loan - G eorgia S ta te C o lleg e

2 7 ,6 6 1 .2 8

Real E state

1 3 ,9 2 0 .9 9

iUIAJU ijUAN JPUNUS

* 53U ,312.25

MISCELLANEOUS FUNDS Savings Account - A thens F e d e ra l Savings end Loan A sso c ia tio n TOTAL MISCELLANEOUS FUNDS
if
TOTAL TRUST FUND INVESTMENTS



5 ,1 0 8 .7 5



5 ,1 0 8 .7 5

2,803,820.21+

E arnings
1 ,5 1 3 ,7 7 9 .0 0 6 5 ,9 0 2 .8 5
1 7 8 ,0 5 9 .0 0
296, 066. 36* 50, 000.00
2 5 ,2 5 0 .0 0 *
2 ,1 2 9 ,0 9 7 .2 5
172,797.66
1 8 2 ,7 8 6 .6 0 * 6 0 ,6 0 1 .6 6 * 1 0 5 ,5 2 0 .5 8 3 7 ,0 7 6 .0 9 * 2 7 ,6 6 1 .2 8 *
* 590,1*83.91

* 5,108.75

*

5 ,1 0 8 .7 5

2 ,7 2 0 ,6 8 9 .9 1

* Fnds* TOlUe Sh0,m 68 b 0 k TalU ' s ln c e t h e s e a r e lo a n s on t h i s p r o p e r t y . H ot owned b y T r u s t

L

S ch ed u le E-2*-2

DETAIL OF ENDOWMENT FUNDS -GOVERNMENTAL BONDS For Year Ended June 30, 1950

R ate Of In terest

STATE AND MUNICIPAL BONDS

A thens, C ity of

A tla n ta , C ity of

i)ft

A tla n ta , C ity of

i+lz

Columbus, C ity o f

Wo

Columbus, C ity o f

1+1/

Columbus, C ity o f

5/

D ecatur, C ity o f

G eorgia, S ta te o f (C o n s titu tio n a l D ebt)

M arietta, C ity of

fO

M uscogee, County of

M uscogee, County of

Savannah, C ity of

Savannah, C ity of

Savannah, C ity of

TOTAL STATE AND MUNICIPAL BONDS

D ate Of

Book

M a t u r i t y ___________

5-1-52

7-1-50
7- I -56

2-1-53

9-1-5U

7-

1-50

9- 1-52

8- 1-51
1+-1-55
1+-1-56
12- 15-59 8- 1-55 2- 1-59

I

1,000*00 $

2,000*00

1 ,0 0 0 .0 0

1,000*00
5. 000. 00

6 .0 0 0 . 00
7 . 000. 00

1 0 0 ,0 0 0 .0 0

2 .0 0 0 . 00

U ,000.00

2 ,0 0 0 .0 0

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0
27, 000.00 __

T557OO.QO $

M arket V alue
1 , 106.56
2 ,0 0 0 .0 0 1 ,1 1 6 .6 5 1 ,1 0 5 .0 7
5, 560.00
6 ,0 0 0 .0 0 7,71+6.55
2 ,2 0 7 .1*2
i+,L|J+6.92
2 ,2 3 0 .7 U 1,108.61+ 1 ,1 1 1 .0 9 3 0 ,2 0 3 .0 1 65,91+2.65

u. S . TREASURY BONDS
U. S. Treasury - S eries A U. S. T reasury - S eries D U. S. T reasury - S e rie s F U. S. T reasury - S eries F U. S. T reasury - S eries F U. S. T reasu ry - S e rie s G U. S. T reasury - S eries F U. S. T reasury - S eries G U. S. T reasury - S eries F U. S . T reasury - S eries F U. S. T reasury - S e rie s F U. S. T reasury - S eries G U. S. T reasury - S e rie s G U. S. Treasury - S eries F U. S. T reasury - S e rie s G U. S. T reasury - S eries F U. S. T reasury - S eries G U. S. Treasury - S eries F U. S. T reasu ry - S e rie s F U. S. Treasury - S eries G U. S. T reasury - S e rie s F . S. Treasury - S eries G U. S. Treasury - S eries F U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. T reasury - S eries F
U. S. T reasury - S eries F U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. T reasury - S eries G U. S. T reasury - S e rie s G U. S. Treasury - S eries G U. S. Treasury - S eries E

l-l/8?6 Wo
2 .5 3 / 2 .5 3 / 2-53/
2* 2. 53/0
23/
2 .5 3 /
2. 53/ 2. 53Z
m Wo 2 .5 3 / 2 / li/ 2*

I- 1-51



6- 1-51

6- 1-55

7-

1-55

1 0 - 1-55
II- 1-55 11- 1-55 1- 1-56 2- 1-56 1+-1-56 6- 1-56 6- 30-56 7- 1-56
7- 1-56 12- 1-56 12- 1-56

1-

1-57

2-

1-57

5-

1-57

6- 1-57

6- 1-57

6- 1-57

8- 1-57

8 - 1-57
2- 1-58

7-

1-58

9-

15-59

12- 1-60

6- 1-61

6-15-62
6- 15- 72-67

12-15-72-67

12-15-53

9-15-55

ii+3, 500.00 $ ll+3,l+8L+.20

21, 900.00

2 1 ,9 0 2 .1 9

1 . 000. 00

81+8.00

1. 325.00 200.00

1,272.00 169.60

69. 000.

006 7 ,6 3 5 .7 0

50.00

1+1.71+

1+0, 000.00 50.00

38,200.00 I+1.10

1 .8 0 0 .0 0

l,6lii+.00

350.00

287.70

37. 000.

003 5 ,3 3 5 * 0 0

12, 1+50.00

11,890.00

200.00

16!+. 1+0

33. 600.00

31. 987.00

1. 000. 00 1. 000. 00

797.00 *91+7.00

38. 300.00

30, 525*00

175*00 1 ,2 0 0 .0 0

135*80
1, 138.80

100.00

7 7 .6 0

20,135*00

19. 108.00

50.00

3 8 .8 0

500.00

1+73*50

500.00

1+73*50

1+13, 250.00

3 8 8 ,6 8 2 .0 0

1+7, 000.00

35. i 96.79

71+0.00

71+2.00

1 0 0 .0 0 0 .

00 101, 320.00

3. 000. 00 5, 500.00

3. 000. 00 5*572.60

1+77. 250.00 1+83*51+9.70

2 .0 0 0 . 00 8 0 0 .0 0

2 .0 0 0 . 00
657.60

U . S . TREASURY BONDS (C o n t* d ) U. S. Treasury - S eries P U* S T r e a s u r y - S e r i e s G
TOTAL U. S . TREASURY BONDS

R ate of In terest
2 -3 /t <-2/

D ate o f M aturity
10-1-59
3- 1-61

TOTAL U . S . TREASURY & STATE A MUNICIPAL BONDS

Sohedule E -2-2

Book V alue

tfa rk e t V alue



71*0.00

767.OO

8i+, 690.OO

83, 673.72

1. 560, 355.00 1 . 513. 779.oU

1. 720. 355.00 1. 579. 721.69

DETAIL OP ENDOWMENT FUNDS - COMMON STOCKS For th e Year Ended June 30, 1950

Schedule E-2-3

COMMON STOCKS A m erican T elep h o n e A T e le g ra p h Company Bibb M an u factu rin g Company B lanchard A Booth Land Company o f F lo r id a Perkins H osiery M ill

60 shares
1+699 s h a r e s
share
5 shares
96 s h a r e s

Book V alue
$ 7.788*20
117, 1*75.00
1 .0 0 1.00 1 .0 0

M arket V alu e
8,895.00 l6 9 ,l6 1 + .0 0

TOTAL COMMON STOCKS

125, 266.20 1 7 8 ,0 5 9 .0 0

DETAIL OF LOAN FUNDS * GOVERNMENTAL BONDS For Year Ended Ju n e 30* 1950

R ate o f D ate o f In te re s t M aturity

Book V alue

S o h ed u le E-2-1+
M arket V alu e

U . S . TREASURY BONDS U. S. Treasury - S eries A U. S . T reasury - S e rie s D U. S. Treasury - S eries G U* S . T r e a s u r y - S e r i e s G U. S. T reasury - S eries G U. S. T reasu ry - S e rie s F U. S. T re a su ry - S e rie s G U* S* T r e a s u r y - S e r i e s G U. S* T r e a s u r y U. S. T reasury - S eries G U* S* T r e a s u r y - S e r i e s G
TOTAL

1-1/8% ip
2.53% 2M> 2^

1-1-51
6- 1-51
11-1-55
7- 1-56 12- 1-56
2-1-57
6- 1-57
7-1-58
9-15-59 12-15-67-72
3- 1-61

6, 500.00
1 ,1 0 0 .0 0 2 1 ,0 0 0 .0 0 1 2 ,5 5 0 .0 0 9.U 00.00 h ,700.00
1+, 865.00 10, 1+50.00 6, 000.00
81+,7 5 0 .0 0
I 5. 3IO.OO
1 7 6 ,6 2 5 .0 0

6,1+99.30 1 ,1 0 0 .1 1
20,581+. 30
1 1 ,9 8 5 .0 0
8, 91+9.00
3,71+6.00 1+,617.00 9 ,8 2 8 .7 6
l*,l*93.2l 8 5 ,8 6 8 .7 0 1 5 ,1 2 6 .2 8
1 7 2 .7 9 7 .6 6

DETAIL OF LOAN FUNDS - COMMON STOCKS For Year Ended June JO, 1950

S ch ed u le E-2-1+

COMMON STOCKS P i t t s b u r g P la c e r Gold Mine Company

200 sh ares

Book V alue
100*00

M arket V alue
.................. $

TOTAL COMMON STOCKS

100*00 I

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS F o r Y ear Ended Ju n e 30 1950

Schedule E -2-5

RECEIPTS INVESTMENTS REALIZED Bonds S to o k s Real E state U . o f Ga* B ld g s . - Loans N orth Ga. C ollege - Loans 6 a. S ta te C ollege - Loans F r a t e r n i t y Homes - Loans S tudent N otes
TOTAL INVESTMENTS REALIZED

Endowment Fund

Loan Fund

M iscellaneous Fund

T otal

#156,650.00 $ 67,750.00

111, 568.00

29.00

111,000.00

270.26

23,371.55 1,750.00

23,333.U9 851.91
1,152.60 1,669.28

22.7Ul.19

*210,539.55 *117,797.73

$22U,U00.00 lU, 597.00 iU,270.26
U6,705. oU 851.91
1,152.60 3,U19.28
22,7U1.19 $328,137.28 W li

INCOME FROM TRUSTS

I n te r e s t on R eal E s ta te Loan

I n te r e s t on Bonds

* 1*5.576 .U7

D ividends on Stooks

7.956.3s

R en ts

3,626.18

I n t e r e s t - U . o f 6 a . B ld g s. - Loan S 9.582.97

I n te r e s t - N orth 6 a. C ollege - Loan

In te re s t - 6a. S tate C ollege-L oan In te r e s t - F ra te rn ity Loans

1.203.75

In te r e s t - S tudent N otes Los8 on S ale of Investm ents
TOTAL INCOME

- 12.86U.U6 $ 55,081.29

$ 162.7U 5,285.17 u ,705.52 255.50 5,656.62 1,137.81* 86U.U0 1,587.31 U,669.57
* 2U.32U.67

$ 162.7U # 108.75 50,970.39 S av in g s A ct,. 12,661.90
3,881.68
15,239.59 1.137.8U
86UUo 2,791.06 U,669.57 - 12,86U.U6
# 108.75 * 79.51it.7i

FUND TRANSFERS To From NET TRANSFERS
6IFTS NOTE RECOVERIES
TOTAL 6 1 FTS & RECOVERIES
TOTAL RECEIPTS
B a la n c e , J u l y 1, 19U9
TOTAL RECEIPTS AND BALANCES

* 10,551.75 $ 20.U83.62 $ 1,000.00 * 32.035.37

- 20.U83.62 - 10,551.75

- 31.035.37

#- 9,931.87 * 9,931.87 $ 1,000.00 $ 1,000.00

t 1U.337.31 $ 330.00
# 111,667.31 $

279.77 $30,261.32 $ UU,878.UO 330.00
279.77 $30,261.32 $ U5,208J|0

#270,156.28 152.33u.ou *31,370.07 *lt53,86o.39

- 3li,li+l.o6 100, 517.52 2,601.03 68,977.U9

236,015.22 *252,851.56 *33,971.10 $522,837*88

DISBURSEMENTS INVESTMENTS Bonds R eal E s ta te Loan F r a te r n ity House Loans
Student Loans TOTAL INVESTMENTS

$200,800.00 #200,800.00

* 13,900.00 lU, 191.25 5U,753.75 21.589.U7
$10U,U3UU7

$2lU,700.00
lU,191.25 5U,753.75 21,589.U7 305.23U.U7

EXPENSES OF TRUST S alary of T rustee
R epairs - Insurance

# 1,800.00

566.90

23.58

$ 1,800.00 590 .U8

-64-

5

49

Schedule E -2-5

- >4
>0 Ml
)0 >6 4
>U fi )i >0
>8
L9 i|
i "%

DISBURSEMENTS (C o n t d ) EXPENSES OF TRUST ( C o n t 'd ) P rizes - S ch o larsh ip s, etc M iscellaneous S tudent Notes Charged Off S tocks Charged O ff T ra n sfers to O ther Schools T ra n sfe r to U S Government T ran sfer to U niv. o f 6 a. - H e stric te d T ra n sfe r to U niv. o f Ga. - G eneral C o lle c tio n C osts TOTAL
TOTAL DISBURSEMENTS

Jk VM 59 )0 4 1
S8 59 m m

B alan c e, June 30 1950 TOTAL DISBURSEMENTS & BALANCES

Endowment Fund

Loan Fund

M iscellaneou s

Fund

T otal

1,1*52.08 $ 2 0 0 .0 0

$ 1,652.08

81.37
123.00 21*. 1*29 .25

1 7 .8 8 32, 11*6. 31* I 5O.OO 29.OO

32, 21*5.59 I 50.OO I 52.OO
2U,I+29.25

8, 650.00

2 ,1 2 6 .9 0

108.75

2, 235.65 8, 650.00

7 ,7 5 0 .0 0
231. 5I*

3, 391.92

7 ,7 5 0 .0 0
3, 623. 1*6

* l*3,28i+.li* 7 ,7 3 9 .2 8 32, 255.09 83, 278.51

$2l4f,08l+.li+ 1 1 2 ,1 7 3 .7 5 32, 255.09 $ 3 8 8 ,5 1 2 .9 8

- 8, 068.92 lJ+O,6 7 7 .8 1

1 ,7 1 6 .0 1 131*. 3214.90

$ 2 3 6 ,0 1 5 .2 2 $ 2 5 2 ,8 5 1 .5 6 33. 971.10 $ 5 2 2 ,8 3 7 .8 8

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1950

Schedule P

CURRENT FUNDS G eneral R estricted A uxiliary G eneral Extension TOTAL CURRENT FUNDS
AGENCY FUNDS
? FUNDS
' FUNDS M iscellaneous Endowment Loan
TOTAL TRU
TOTALS

Cash B alance R ece ip ts
J u l y 1, I 9J4.9 F o r Y ear

D isb u rse m e n ts T^ash B alan c e

For Year

Ju n e 30, I95O

$ 2 0 0 ,2 3 2 .2 8 3. 1*13. 350.11 3. 1495, 551.32 $ 1 1 8 ,0 3 1 .0 7

1 1 ,9 6 5 .5 6

370, 905.93

3 8 2 ,7 7 8 .1 5

93-31*

1 0 ,1 2 3 .5 5 1 .3 U 3 .7 0 2 .7 5 1, 156, 361*. 56

36, 901+.1+2 266, 795.81

2 5 5 .3 3 8 .0 5

197,1+61.71+ 1+8,362.18

259, 225.81 5 .3 9 U .7 5 U .6 0 $ 5 ,2 9 0 ,0 3 2 .0 8 $ 363, 91*8.33

239, 1*58.68 $ 8 7 5 ,7 U 6 .9 8 $ 9 1 8 ,5 5 1 .6 5 $ 196, 651+. 01

, 716.50 $ 91+0, 868.10 $ 318,270.1+1

,8 1 9 .8 7 $ 32, 70l+. 89 $ 1, 716.01

,6 2 0 .6 5

2i+5,5l+8.51

- 8, 068.92

25I+.8I

ll6,09l+ .52

11*0,677.81

695.33 39i4. 3u 7.92 13u . 32i4.90

9I 3.I+I 7, 5143. 799.75 1, 013, 197.65

Cash and I : . Gene 1
Trus { '

'A V

''

TOTAL

9nsion
869, 105.29 9, 767.146 $ 878, 872.75

$ 130,812.78

m ta

l,3 5 l+ .52

2, 157.60

13i4. 32i4.90

$ 1 ,0 1 3 ,1 9 7 .6 3

DISBURSEMENTS (C o n t d ) EXPENSES OF TRUST (C o n t d ) P rize - S cholarships, e tc . M iscellaneous S tudent Notes Charged Off S tocks Charged O ff T ra n sfers to O ther Schools T ra n sfe r to U, S. Government T ran sfer to U niv. o f 6 a. - R e stric te d T ra n sfe r to U niv. o f Ga. - G eneral C o lle c tio n C osts TOTAL
TOTAL DISBURSEMENTS
B alan ce, June 30 1950
TOTAL DISBURSEMENTS A BALANCES

Endowment Fund

Loan Find

Schedule E -2-5

M iscellaneou 3

Fund

T otal

t 1 , 1*52.08 $ 200.00

$ 1 , 652.08

81.37

17.88 32, 11*6. 31* 32, 21*5.99

150 .0 0

150.0 0

I 23.OO

29.0 0

152.0 0

2 k , 1*29.25

21+.1+29.25

8. 650.0 0

2, 126.90

108.75

2, 235.65 8. 650.00

7 .7 5 0 .0 0

7. 750 .0 0

231.5U

3. 391.92

3. 623.1+6

: i* 3 ,2 a + . 11* 7 ,7 3 9 .2 8 32, 255.09 1 8 3 ,2 7 8 .5 1

$2i+i+, 08U.11+ 1 1 2 ,1 7 3 .7 5 32, 255.09 $ 3 8 8 ,5 1 2 .9 8

- 8, 068.92 11+0,677.81

1 ,7 1 6 .0 1 13+.321+.90

$ 2 3 6 ,0 1 5 .2 2 252, 851.56 33. 971.10 $ 5 2 2 ,8 3 7 .8 8

STATEMENT OF CHANGES IN CASH BALANCES F or Y ear Ended Ju n e 30 1950

Schedule F

CURRENT FUNDS G eneral R estricted A uxiliary G eneral E xtension TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS M iscellaneous Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash B alance R ece ip ts J u l y 1, 191+9 F o r Y ear

d is b u r s e m e n ts Jash B a la n c e

For Year

Ju n e 30, I 95O

200, 232.28 11, 965.56

3. 1+13, 350.11 370, 905.93

3. 1*95. 551.32
3 8 2 ,7 7 8 .1 5

$

118, 031.07 93. 31*

10, 123.55 1,3 1 * 3 .7 0 2 .7 5 1, 156, 361*. 56

36. 901+.1+2 266, 795.81

2 5 5 ,3 3 8 .0 5

197. 1*61. 71*
1*8,362.18

259, 225.81 5 .3 9 l* .7 5 l* .6 o $ 5 ,2 9 0 ,0 3 2 .0 8 $ 363,91*8.33

239,1*58.68 $ 875,71+6.98 $ 9 1 8 ,5 5 1 .6 5 $ 196, 651+.01

- 2 0 0 ,5 7 7 .9 9 $1,1+ 59,716.50 $ 91+0, 868.10 $ 318, 270. 1+1

$ 2, 601.03 - 3U .II+ I.O 6

$

3 1 ,8 1 9 .8 7
271, 620.65

$

32,701+.89 21+5,51+8.51

$

1, 716.01 - 8, 068.92

1 0 0 ,5 1 7 .5 2

1 5 6 ,2 5 ^ .8 1

116,091+. 52

11+0, 677.81

* 68,977.1+9 1*59. 695.33 39l*.3l*7.92 $ 13l+.32l*.90

$ 3 6 7 ,0 8 3 .9 9 $ 8 ,189,913.1+ 1 7 ,5 1 * 3 .7 9 9 .7 5 1.,013, 197.65

BANK BALANCES

Cash and Bank B alan ces:

G eneral, R e stric te d , A u x iliary , P lan t & Extension

N atio n al Bank o f Athens Cash on Hand T rust Funds

869,105.29 9767.1+6 $ 8 7 8 ,8 7 2 .7 5

N a tio n a l Bank o f A thens
C i t i z e n s <Sc S o u th e rn N a tio n a l B ank, A t l a n t a Cash on Hand

$ 130,812.78
l35l+.52
2. 157.60

13^ , 32U.90

TOTAL

$ 1 ,0 1 3 ,1 9 7 .6 5

STATEMENT OP AGENCY FUNDS F or Y ear Ended Ju n e 30 1950

Schedule 6

Laund ry Student A c tiv itie s - G eneral R eligious A c tiv itie s I n te r f r a te r n ity Council Breakage - G eneral Commemorative P la te s C hem istry Breakage Experim ental fo re s try F o r e s t r y Camp G e o rg ia Power Company G ift fo r Pharmacy M ilita ry D eposits M usic R eserve Red & B lack Sears Roebuck S cholarship S t a t e Home D e m o n s tra tio n V ocational R e h a b ilita tio n Womans A u x i l i a r y Ga. P . P rises Student A c tiv itie s - O rchestra F a c u lty Flow ers Com. C o n c e r t Home M anagem ent P h. D. T h e sis Study o f G eorgia Negro Fam ily L ife C onference A rt A uction T ra ffic Fine Com. on Use R e so u rc e s L ec tu res U nallocated Student A c tiv ity Womens S o c i a l Fund B acte rio lo g y Breakage Farm S h o rt C ourse G. 0 . P . S o c ia l Fund F e r tiliz e r Experim ent Founders M emorial Garden Sigm a Nu House S h o rter Fund L ectures - S c ie n tific Bureau B usiness R esearch Grace L. M ille r M argaret Saunders Campus S o c ia ls P hysics Breakage Pharmacy Breakage Home E c. S c h o o l Lunch V ending M achine John Hancook Insurance - Reserve P i Kappa P hi Phi E psilon Pi S p e lz FUnd

Cash B alanoe J u l y 1 , 19U9

R e c e ip ts D isbursem ents Cash B alance

For Year

For Year June 3 0 , 1950

$ 22,292.71
1, 120.20
7.135.1+1 1**957.28 1 ,1 2 7 .9 1 3 ,7 2 0 .1 0 2 ,6 0 0 .5 5
7 9 5 .9 9 170.71 159.90
35, 122.16 11, 016.91
5,81*8.85 683.37 7 0 .9 2 31*5.65 173.78 3 9 .7 5
2, 030.20 23.81
623 .J46
1,1+52.18 100.00 175.00
158.62 605.72 2, 239.70 225.00 902.59
218.17 381+.77
88.51
- 712.1*5 539*99 1*20.26 827.25 9 1 2 .5 1 3U.71* 127.99
703.59 9 6 2 .9 5
3 .3 8 3,21+0.08
7 2 .7 0

$ 66, 636.00 i 6i . 23i t .97
5 ,7 2 0 .7 5
ii*. 51*6.1*5
7 .5 8 0 .6 5 639.96
4 ,9 7 5 .7 2 2 ,6 5 0 .2 6 1,971*.37
2 1 .3 8 1+8,807.18
16. 178.57
6 ,1 7 6 .7 0
1*19.50
3 8 .0 0
1, 1+65.90 65.22
9, 501.96 12, 198.00
5.00
l,7 0 i+ .5 0 1,598.1+0
2,l+7l+*98 800.00
1, 1+12.50
389.22 355.07
676.OO
1 ,6 5 0 .3 1
3, 891*.17
175.00
500.00 500.00
1 ,2 0 0 .0 0
321.26
51+2.20
25,1+29.1+5 l,9Q l+.50
2, 052.90
1*7.1*8

* 60,793-18
159, 628.08 1^,71+8.80 16, 199.75 5, 601.16 88U.75
l+,l61*J+7
3.859 1+0
1 ,3 9 8 .8 0 159.70
5 3 ,1 2 5 .7 7
12, 798.05
501.50 683.37* 6 ,0 5 9 .2 3
360.00
173.76 17.75
1 ,3 7 1 .9 8
83. 1+8 8, 211.32
13,09l+.89
100.00 801+.60
2, 677.33 225.00
2, 1+01.03
1. 371+.61
318.00 178.66
521.30 1 ,2 6 8 .9 2
i+. 316.71
286.75
500.00
500.00 l,2 6 !+ .9 9
2 ,7 3 5 .0 0 377.20
19,515.61*
2 ,0 5 2 .9 0 1*7.1*8

t 5, 81*2.82
2 3 ,8 9 9 .6 0 2 ,0 9 2 .1 5 5,1+82.11
6, 936.77
883.12
i4. 531.35
1.391.1*1 1 .3 7 1 .5 6
11.01 181.28
30, 803.57 ii*. 397. 1*3
5, 31*7.35
188.39 1+05.15
60.00
2 , 121+.12
5 .5 5
1, 91^.10
555.29 100.00
175.00 63.62 1, 505.62 1, 160.77
976. 51*
800.00 2 5 6 .0 6
1*55.99 26^.92 - 36.1+5
I 8.69 8O I.65
l*0l*.7l 800.76
31+.71* 127.99
638.60 l,2 8 l+ .21
3-38 505.08 237.70 5 ,9 1 3 .8 1 i,90U .50

-66-

4

Schedule G

4 If

i, * B ram blett Fund Foreign Tours

Pharmacy S c h o la rsh ip

A tlanta C o n stitu tio n

D em onstration School Cafe

I j i Rome C e n te r

Art E x h ib it

Intram ural

In d u stria l A rts

A lp h a P h i Omega

Columbus Off-Cam pus

G eo rg ia Power Company R ig h ts

Bordert Company F o u n d a tio n S ch o o l

Typing V eterans T hesis

Union Bag S c h o la rs h ip

4M S tu d en t Union

Seedmans S c h o la rsh ip ' 4 Towel D eposit

G. E. B. Sou. Edu. Film

Ag. E n g in eerin g S c h o la rsh ip 11 > Ga. Feed S c h o l a r s h i p

F ederal H ousing P ro je c t

Sigma P i

Savannah C enter

Model Fee

l l Room B rea k ag e d e p o s i t
I * S tu d e n t C lu b s

Student Papers

V eterans Reader S ervice

Movie P r o je c t

S chaffer P o u ltry S cholarship

Kroger S ch o larsh ip
>m
P i . K. A.

U n iv e r s ity Band

r j P o rtra it Account W aycross C enter
i f V eteran M edicine L ib rary

it

>

P ublic O ccasions W ithholding Tax

R etirem ent

k

jf

H ospitalization Rsv. Reg, D eposit

Meal D e p o sits

Cash B alance J u l y 1, 19U9

R e c e ip ts Di sb u r s ement s Cash B alance

For Year

For Year June 30, 1950

: 151.75 215.00
3,1*96.77
91.98 271.1*5 368.83
50.00
150.00 2,100.00 - 527.76 U,265.00
66.99 30.00 389.98 3,96U.9U
.02 100.00 37,213.02
8.06 23,690.00
90.01 2,000.00 - 621.19
979.1*1+ 2,000.00
200.05 509.75 598.53 215.50
28,696.9U 11,522.23 - U66.U8 3,795.00
100.00

$ 150.00 620.00
17,573.1*3 120.00 399.99
8,322.22 2,039.23
238.50
160.00
8,320.39
796.50 77,875.70
171.U8 2,120.50
2L1U.OO 63.62 110.00 3,87U99 32,699.98 1,190.25 1*, 562.15
3.9U7.05 6,1)41.99
120.00 76.00 7)49.66 229,723.18 6U.U05.21 U66.U8

# 150.00 618.55 151.75*
18,51+2.74 120.00 513.63
8,6U8.70 1,869.1*2
233.50
2,100.00* 2,300.30 U,265.00* 8,153.80
30.00* 869.1+8 77,094.61*
100.00 28,U66.lU 2,120.50
2I4U.OO 50.00
23,800.00 3.875*00 30,699.99
873.75 3.688.6U 2,000.00*
200.05* 4,179.05 5,384.08
120.00
749.66 227,005.U2 63.8i8.53



1.45

215.00 2,527.46

- 21.66 - 55.03
538.6U 50.00 5.00 150.00

- 2,668.06

233.58

2U2.00 U,821.00
.02

8,918.36

21.68
90.00 3.999.99 - 30U.69 1,852.95

277.75 1,356.)4U
215.50 76.00 3i.UiU.70 12,108.91

30.00 100.00

3.765.00

TOTAL

1239,1*58.68 *875,71+6.98 1918,551.65

)g *
I
f p\
L f
I'v l

T ransfers to

R estricted Funds

$ 9530*17

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950

Funds fo r P la n t Debt

A dditions

S ervice

vi * T

BALANCE, BEGINNING OF YEAR ADDITIONS:
From. S t a t e o f G e o rg ia F o r Law S ta c k s For P r e s i d e n t s Home G rounds

I999.U22.01
3 0 ,0 0 0 .0 0
15.000.00

$196,65U.01
Schedule H
T otal
I999.U22.01 30,000.00 15,000.00

ADDITIONS ( Cont *d ) P r o f i t S a le o f C raw fo rd W. Long Home T r a n s f e r fro m G e n e ra l FVmds T ra n sfe r from A u x ilia ry Funds TOTAL ADDITIONS
DEDUCTIONS: Expended fo r P la n t A dditions B u ild in g s A: A d d itio n s t o B u i ld i n g s Im provements o th e r th a n B u ild in g s TOTAL EXPENDED FOR PLANT ADDITIONS
Loans R epaid t o Endowment Funds
O ther D eductions I n te r e s t on Indebtedness
total deductions
BALANCE END OF YEAR

Schedule H

Rinds f o r P la n t Debt

A dditions

S e rv ic e

m

T otal



16,818.65 155,361.21
,217,l79*fe

1*2,536.61* 1*2,536.61*

$ 16,818.65 An >

155,361.21 1*2,536.614

Wjs*;

259,716.50

852,511.95 1*5,819.51
1898,331

29,21*8.23

852,511.95 1*5,819.51
$898,331 6
$ 29,21*8.23

$13,288.1*1 $ 13,288.1*1

898,331.1*6 1*2,536.61* $9140,868.10

$318,270.1*1

$3l8,270.)4l

SUMMARY OF INVESTMENT IN PLANT As o f June 30* 1950
VALUE OF PLANT, JULY 1 , 19*49
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Rinds and included in C urrent E xpenditures (Equipm ent) Expended from A u x ilia ry Funds and in clu d ed in C urrent E xpenditures (Equipm ent) G ifts of P la n t A ssets A djustm ents fo r P rio r Years TOTAL ADDITIONS
VALUE OF PLANT, JULY 1 , 19*49 PLUS ADDITIONS
DEDUCTIONS DURING YEAR P ro p e r ty Worn Out o r O th erw ise D isposed o f TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 3 0 , 1950
DEDUCT: Loans Payable
INVESTMENT IN PLANT, Ju n e 3 0 , 1950

Schedule H -l

$11,068,251*.85
tr

898,331.1*6 203,073.55
9,830.88 8,322.1*3

11
11 M
"hi TM
1,119,558.32 A $12,187,813.17

$ 15,322.1*3

15.322.1*3 12,172,1*90.71*

1 4#
rmf
Jl

1*61*,932.01 In
11,707,558.73 * r

'Ili

Schedule H -l

STATEMENT OF INVESTMENT IN PLANT

For Year Ended Ju n e JO, 1950

1 1>
II
1/ 1a 1$
pm
pi vM
& 1; Jkn4
rV
h MA

Year

A cquired

A. LAND

F r a n k lin Campus

37 a c re s
13 a c r e s

180+

*

1937-38

13 a c r e s ( J a c k s o n S t . ) 1937- 1*2

7 a c re s (P rin o e A ve.)

P r e s i d e n t ' s Home) 191*9

C ollege o f A g ric u ltu re
150 a c r e s

1928

C o o rd in a te Campus 1+0 a c r e s

I 860

17 a c re s

I 927

TOTAL CAMPUS

4

O ff-C am pus

**150 ao re s (Denmark) *870acres

1911+ I 928

1875 a c re s (W h iteh all

1936

1+62 a c r e s (H ardem an)

1936

607 a c r e s (W atson S p r i n g ) 1935

TOTAL OFF-CAMPUS

1

TOTAL LAND

$

Investm ent B eginning
Of Year A d d itio n s
5 5 .5 0 0 .0 0
19. 500.00 25, 000.00
---
1+5, 000.00
- _1+5, 600.00 190, 600,00
7 . 500.00 32, 650.00 18, 675.00 2, 500.00 9. 000.00 70, 325.00
260, 925.00

D eductions

Investm ent End
Of Year

# 55.500.00 1 9 .5 0 0 .0 0
25, 000.00
--
i+5, 000.00
_. ,, 1+5, 600.00 * 190, 600.00
7 , 500.00 32, 650.00 18, 675.00 2, 500.00 9, 000.00 $ 70, 325.00
260, 925.00

n; ial
IM
;I i
'Y* -'W cO A
7l
Jl'

ir i f 2.

1+

'm 1

fjf

yp a
L I'll

3 'Vi if

#>.

mn

B. BUILDINGS F r a n k lin Campus A cadem ic A rt Classroom A th letic O ffice Baldwin H a ll B o i le r Room Brown d o rm ito ry B us. Admin. Annex C andler H all C h an cello r House Chapel C hem istry Annex C larke Howell Commer c e - J o u r n a l i sm C osta Crawford Long
Craw ford Long Annex Dem osthenian H a ll Denmark H a ll F ie ld House A F ield House B Fine A rts Garage & Shop G raduate D orm itory G reenhouse H ir s c h Law
Infirm ary (G ilb e rt)

1901+
I 9I+8 I 929
1938
I 9U8 1932 I 9I+8 1901
1855 1855
I 9I+8
1937
1927
1821+
I 9OI I 929 1929 I 9I+I I 9I+2
1940 191+8 1932 19l*2

$ 178,1+29.00 1
2i+, 1I+I+.35
1 ,0 0 0 .0 0 2 8 7 ,6 3 7 .1 2
2, 565.OO 150, 000.00
2 9 ,6 2 2 .0 5 1 0 1 ,3 5 6 .7 1
1 0 ,0 0 0 .0 0 1+0,000.00 1+8,360.1+Lj 1+6,888.00
52I+,61+6.12
25,11*6.25 +,000.00

1,81+1.01 2 3 5 .6 2

$ 180,270.01
2l+, II4I+.35
1 ,0 0 0 .0 0
287,872.71+
2 ,5 6 5 .0 0
150, 000.00
2 9 ,6 2 2 .0 5
1 0 1 ,3 5 6 .7 1 1 0 ,0 0 0 .0 0
1+0,000.00
1+8, 360.1+1+
1+6,888.00 52l+,61+6.12
2 5 , 1I+6.25

3, 000.00 15, 000.00 50, 000.00
2 ,0 0 0 .0 0 1 ,0 0 0 .0 0 3 6 5 ,2 0 0 .0 0 1 3 ,8 1 1 .3 8 7 0 ,6 0 0 .0 0
1 9 ,0 3 8 .5 9 1 5 0 ,0 0 0 .0 0 2 5 6 ,8 6 6 .2 6

3, 000.00 19, 805.89

15, 000.00 50, 000.00
2 ,0 0 0 .0 0 1 ,0 0 0 .0 0
3 6 5 ,2 0 0 .0 0 1 3 ,8 1 1 .3 8 7 0 ,6 0 0 .0 0
1 9 ,0 3 8 .5 9
169, 805.89
2 5 6 ,8 6 6 .2 6

-69-

Schedule H -l

Investm ent

Year A cquired

B eginning Of Y ear_______A d d itio n s

D eductions

BUILDINGS (C o n t* d )

F r a n k lin Campus (C o n t'd ) -

Language & L e tte rs

1938

#

LeConte H a ll

1937

L ib rary (Peabody)

1903

L ib ra ry Annex

191+8

Lucas House

Lumpkin House

1850

Lumpkin House Annex

1850

L u s tra t House

191+7

M eigs H a ll

1905

M emorial H a ll

1923

M ilita ry B uilding

1931

M illedge H all

1921-39

11+8,000.00 9 5 ,3 0 0 .0 0
159#89l+.66
1+3*137.3U 8 ,0 0 0 .0 0
10,1+91*11 800.00
1 1 ,0 0 0 .0 0
60, 000.00
3 8 6 ,7 2 1 .5 2
25, 000.00 150, 000.00

S tu d e n t Union

Boys* & G irls* Dorm.

M illedge Annex

191+0

Moore C o lle g e

1871+

New C o lle g e

1823

Old C o lleg e

1801

Peabody H all

1913

P hi Kappa H a ll

1831+

Reed House

1807

R e s id e n c e - 325 J a c k s o n 1937-1+2

R e s id e n c e - 3&5 J a c k s o n 19^+2 R e s id e n c e - 375 J a c k s o n 1937-1+2

R e sid e n c e - 385 Ja c k so n 1937-1+2

R e sid e n c e - 393 J a c k s o n 1937-1*2

R e sid e n c e - 397 Ja c k so n 1937-1+2

Stegem an H a ll

191+3

Storeroom - Jackson

1938

S tra h a n House

1856

T e rre ll H all

1901+

W oodruff H a ll

1921+

Boys Dorm. (T ucker A H ow ell)

92, 000.00
7 0 ,0 0 0 .0 0
60, 000.00
1 0 1 ,3 5 8 .7 2
1 0 0 ,0 0 0 .0 0
1 0 ,0 0 0 .0 0
5. 000. 00 3. 000. 00 I+, 500.00 3. 500.00 3. 000. 00 2. 500.00 2. 500.00
1+38,000.00
2 .0 0 0 . 00
12, 038.1+9 90. 000. 75. 000. 9 * 172.50

I l a L i t t l e M emorial

L ibrary TOTAL FRANKLIN CAMPUS

1 I+ , 6 0 2 ,021.6T

*
5, 760.00 6,1+86.30
1 ,0 8 7 .1 1
00 00
31+,1+15.00__________ __
7 7 ,9 5 3 .3 6 $15,322.1+3

P re s i d e n t *& Home

$ 38,275.00 $ 86,601.82

Investm ent" 'jf

End

nfi

Of Year ^ 1

li+ 8 ,0 0 0 .0 0
95, 300.00 159, 691+.66

1+3, 137. 31+
8 ,0 0 0 .0 0

10, 1+91.11
800.00

1 1 ,0 0 0 .0 0
60. 000. 00

386, 721.52

25. 000. 00

150, 000.00

5. 760.00 6, 1+86.30

rtf

92. 000.

00

70. 000.

00

60. 000. 00

101, 356.72 ' *la>

1 0 1 ,0 8 7 .1 1

4 1 0 .0 0 0 .

M 0- 0

5. 000. 00

3. 000. 00 h , 500.00



3. 500.00

3. 000. 00

2. 500.00

2. 500.00

1+38,000.00 2 .0 0 0 . 00

' ;1 .:

12, 036.1+9

90. 000.

00

75.000.

00

9,172.50 t-jO

5U ,U 1 5 .0 0 `I f u 'tf i' g * |
12U .876.82 *

C ollege of A g ric u ltu re AAA B u ild in g A battoir B arracks A (Fain) B arracks B (D udley) B arracks C (G riggs) Barrow H a ll Barrow H a ll Shop B o ile r House A B o ile r House B B o ile r House C C afeteria (S n ellin g ) Camp W ilk in s
C avalry Barn

19j+0 191+8 191+2 191+2 19u2 19H 1938
191+2
I 9I+8
191+0 1925 1920

$ 50, 000.00

13, 500.00

60, 000.00

30, 000.00

30, 000.00

75. 000.

00

8 ,0 0 0 .0 0

5. 000. 00

5. 000. 00

9. 000. 00

133. 000.

00

1+0,000.00
7 , 500.00

50, 000.00

13, 500.00

60, 000.00 ;1

30. 000.

00

30. 000.

00^

75. 000.

00

8.000. 00 |,4

5. 000. 00 ijfl 5. 000. 00

9 .0 0 0 . 00 g-m

133. 000.

00

+0,000.00 v ^
7 , 500.00

-70'

1

it A
A `\ i >

KD w

>0 1*
>6 uM14
4
)0 .1

)0

)0 s

X)
?2

T m

X) X)

i|i

DO

50

X)

DO I H

00 W W

72 1||>

11

00

00

00 00

1?

00

00 w y

00 1 00

00 i l

00 9

HIyMMm

00 I l 00
.50 T i l

,00 3

i.%1m4

.82 4-i y
.00 r i .00
.00 1 .00 a . .00 mI .00 * .00 U .00 1 .00
.00 j w .00 .0 0 <1 fi .00

Tear A cquired

C ollege o f A g ric u ltu re (Cont*d)

C avalry Feed Barn C avalry Barn Annex

1926
1936

C avalry O ffice (Shack) C av alry B*Smith Shop Connor H all D airy Products Dawson H a ll F ie ld House

1930
I 92O I 9O8 19U0
I 932
191*3

Food P ro c e s sin g (C annin$1934

Food P ro c e s s in g (M eat)

F orestry Four-H Club

19*40

Garage n ea r P o u ltry Bldgl913

G arage n e a r 1195 Lumpkin

Greenhouse (V egetables

& Flow ers)

1911+

Greenhouse (R esearch) 1948

Hardman H a ll Hoke Smith E x t.

1919 1938

Home M gt. A. Home M gt. B .

19*40
191*0

Home M gt. C.

Home M gt. D.

Laundry

)

Dry C lean in g P la n t)

191*0 191*0
191*2 191*2

B o i l e r Room Gas House R ep air Shop Lumpkin H all

)

191*2

)

191*2

)

191*2

1829

Mary Lyndon H a ll N ursery School

1937 19*40

P a in t & J a n ito r Shop P h y sical Education

1919 1929

P lan t Pathology P oultry

1915 1913

R e sid e n c e -1195 Lumpkin

B o i l e r H o u se-R e ar Poul* 1913

R esidence-R ear 1195

Lumpkin

191*5

R e s id e n c e -2 2 3 B u rn e t S t .1929

R e s id e n c e -2 2 5 B u rn e t S t .1929

R esidence-245 B urnet S t .1929

L ivestock S h elters

R.O.T.C - C lassroom R utherford H all

191*7 1939

Shop*-- G rounds

Soule H a ll U n iv ersity Store V eterin ary B uilding V eterin ary C lin ic #1 V eterinary C linie $2

1919 191*3 191*7
19*48
191*8

V e te rin ary M edicine

19*48 .

W arehouse-rR ear AAA B ldg.l9i+ 0

Investm ent B eginning
Of Year

A dditions

D eductions

Schedule H -l
Investm ent End
Of Year

1

1 ,0 0 0 .0 0

600.00

500.00

00.00

200, 000.00

120, 716.00

183.563.57 * 5l*.3 3 6 .6 1
3. 000.00

52. 190.75 122, 000.00
3, 000.00 200.00

2 0 0 .0 0

3, 1*72.28

5, 300.00 1+6, 227.01 1+5, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00 *+,500.00
2 ,0 0 0 .0 0
500.00 500.00
1 0 ,0 0 0 .0 0
102,1+00.00
35, 000.00 500.00
153, 262.76 15, 000.00 15, 000.00 3, 000.00
2 0 0 .0 0

800.00 1 ,0 0 0 .0 0
1 ,0 0 0 .0 0 1 ,0 0 0 .0 0
*
15, 390.00 11+3, 500.00
2 ,0 0 0 .0 0
125, 000.00 3, 500.00
l6,6ll+ .00 1 8 ,0 0 0 .0 0
12, 015.20 561, 236.1+0
2 ,0 0 0 .0 0

*4,999.99 6 8 7 ,8 0 6 .9 3

$

1 ,0 0 0 .0 0

600.00

500.00

1+00.00

200, 000.00

120, 716.00

1 8 7 ,0 3 5 .8 5
514, 336.61 3, 000.00

52. 190.75
1 2 2 ,0 0 0 .0 0
3, 000.00

200.00

2 0 0 .0 0

5, 300.00 1+6, 227.01 5, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00 !+, 500.00
2 ,0 0 0 .0 0
500.00 500.00
1 0 ,0 0 0 .0 0
102,1+00.00
35, 000.00 500.00
153, 262.76 15, 000.00 15, 000.00 3, 000.00
2 0 0 .0 0

800.00 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0
,9 9 9 * 9 9
15, 390.00 143, 500.00
2 ,0 0 0 .0 0
125, 000.00 3, 500.00
l6,6ll+ .00 1 8 ,0 0 0 .0 0
12, 015.20 1, 249, 043.33
2 ,0 0 0 .0 0

-71-

Schedule fl-1

Year A cquired
BUILDINGS ( C o n t 'd ) C ollege of A g ric u ltu re (Cont*d) W arehouse l l on R. R. . 19i+8 W arehouse $ 2 on R. R. 19U8
TOTAL COLLEGE OF AGRIC.

C o o rd in a te Campus

B arn Bradw ell H all

1927
I 896

C arnegie L ib rary

1909

Cobb Hou s e

1909

D ozier School

19H

G ilm er H all

I860

Infirm ary

1916

M iller H all Old A uditorium

1917
I 898

Pound A uditorium Pow ell House R esidence - Foreman

1917
I 89U
1927

S r. H all (Rhodes)

1906

Shop A g ric u ltu re

1927

Sm ith B u ild in g

1906

T raining School

1902

W hite House W innie D avis H all

1899 1902

TOTAL COORDINATE CAMPUS

Farm s

2 h o u s e s , SW p o t .

Ag. Eng. cu rin g

19Ul

2 houses, S. W pot.

Ag. Eng. cu rin g

19Ul

1 h o u s e , I n s t . - A g . E ng. 19U1

1 house, Tool-A g. Eng.
1 h o u se, 10 x l 6 Ag.
Eng.

19h i
I 9I+8

1 house E xper.-A g. Eng.

1 h o u se, Expen-Ag. Eng.
B a rn , D a iry -A n . H u sb . I 915

B a rn , Hog - An. H usb.

Barn, H orse-An. Husb.

B arn, Iso la tio n An. Husb.

I 923

B arn, M ule-An. Husb.

193U

B ullpens-A n. Husb.

193U

Implement Shed An. Husb.

1920

O ffic e , Forem an's

An. Husb.

I 927

R e s id e n c e A -C a rlto n Ave .1915

R e s id e n c e B - C a r lto n Ave

An. Husb.

1915

R esidence Duplex An. Husb.

1912

Residence A, Near D airy

Barn-An. Husb.

1912

Investm ent B eginning
Of Year

A dditions

Investm ent Em*
D e d u c tio n s _______ Of Y ear

$

9. 000.00

9, 000.00

$ 2, 735. 952.30 1 696, 279.20

$

9. 000. 00 9. 000. 00

* 3. 432, 231.50

$

500.00

50, 000.00

35, 000.00

5, 000.00

1, 500.00

65, 000.00

5, 000.00

85, 000.00

12, 000.00

75, 000.00

6, 000.00

2, 500.00

+0, 000.00

500.00

4-5, 000.00

30, 000.00

1, 000.00

40, 000.00

1 499,000.00

$

500.00

50, 000,00

35, 000.00

5, 000.00

1, 500.00

65, 000.00

5, 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

$

4OO.OO

680.00
50.00 200.00

400.00 1, 000.00
300.00 40, 000.00
1. 500.00
4.,0 0 0 .0 0

1. 200.00 3, 000.00
600.00

1, 000.00

250.00 600.00

600.00

1 , 200.00

900.00

$

Uoo.oo

680.00
5O.OO
200.00

4OO.OO
1,000.00
50 0 .0 0
4O,0 0 0.00
1. 500.00 4,000.00
.1 200.00
3. 000. 00 600.00

1. 000. 00
250.00 600.00 600.00

1,200.00
900.00

-^sS-
il
ir 11

Year

A cq u ired

BUILDINGS (C o n t d )

"

Farms (C ont*d)

R esidence B, Near D airy

Barn-An. Husb.

1912

R esidence C, Near D airy

Barn-An. Husb.

1915

R esidence n e a r R. R. 1909

S cale Shed-An. Husb. 1929

1 Brooder House 16x18

P oultry

I 9I+O

1 Brooder House 18x18

P oultry

I 9I+0

1 B ro o d er House 16x1+6

P oultry

19)40

1 B rooder House 16x18
P oultry
6 Brooder Houses ll+xl6
P oultry
6 B rooder H ouses 12xll+
P oultry

I 9I4O 194O I 94O

3 Brooder Houses 15*16

P oultry

19)40

3 Brooder Houses 16x20

P oultry

I 9I+O

2 Brooder Houses 20x20

P oultry

19I4O

1 B ro o d er <fc In c u b . B ld g .

P oultry

I 9I+0

1 B rooder House 2lpcll

P oultry

19U3

1 Feed and Lab. B ldg.

P oultry

19+2

Grading & Packing

P oultry

19i

K illin g & D ressing

P oultry

59 Laying T e st B ld g s.

1 2 x ll4 -P o u ltry

3 Laying. Houses 20x50

P oultry

1 Laying House 20x50

P oultry
6 L ay in g H ouses ll+x2)j

P oultry

1 Laying House 12xll+

P oultry

10 Range Houses 11x12

P oultry

1 R esidence House

P oultry

Hardeman Memorial F o re s t

D w elling, F o restry

1936

Barn, F o re stry

1936

Oconee & Denmark

Barn, H o rt.

1936

Cabin, F o restry 5 D w ellings, H ort.

1936
I 9I+I+

Investm ent B eg in n in g
Of Year

A dditions

$

900.00

900.00
2 , 500.00
250.00
,1 100.00

1,200.00
600.00 250.00

1, 200. 00.
900.00 525.00 600.00 1+50.00
8,000.00
.5 000.00
,7 000.00

800.00
3.000. 00 li+,750.00 3.000. 00
1+00.00

1 ,8 0 0 .0 0

200.00
350.00 3.000. 00

1+00.00 100.00

2 . 000. 00 200.00
1 0 ,0 0 0 .0 0
-73-

Sohedule H -l
Investm ent End
D e d u e tio n s _____ Of Ye a r

#

900.00

900.00
2,500.00
250.00

,1 100.00

1 ,2 0 0 .0 0
600.00

250.00

1,200.00
900.00

525.00

600.00

1+50.00

8,000.00

5,000.00

7 .0 0 0 . 00

800.00
3.000. 00

il+,750.oo 3.000. 00
1+00.00

1 ,8 0 0 .0 0

200.00

350.00

3.000. 00

1+00.00
100.00

2 . 000. 00 200.00
10,000.00

Year A cquired

Investm ent B eginning
Of Year

A dditions

BUILDINGS ( C o n t 'd )

---------------------

Farms (C ont*d)

Garage A Shed, H o rt 1936

$

Log Cabin, F o re stry

Machine Shed A Shop

1938" 39

N ursery Bldg, F b restry

O ffice, H ort,

1935

Storage Shed, H ort.

19^1

Sweet P o ta to House, Hortl9l+2

Veg. G rading House, Hortl9l*3

W atson S p rings

Bam , F orestry

1933

C ottage, F orestry

1933

House, F o restry

1933

S to re H ouse, F o r e s tr y 1933

S to re House $ 2 , F o re s try 1933

W hitehall

B am , Agronomy

1936

D w ellin g , Agronomy

1936

F ie ld Shed (A) Agronomy 1936

F ie ld Shed (B) Agronomy 1936

S to ra g e House, Agronomy 1936

S to ra g e H ouse, Agronomy 1938

Tenant House (a)Agronomyl936

Tenant House (b)Agronomyl936

Tenant House (o)Agronomyl936

Tenant House (d)Agronomyl936

Tool House (S m all)

Agronomy

1936

600.00 l+oo.oo
700.00
60 0 .0 0 300.00 600.00 1, 500.00
1,200.00
500.00 500.00
1,000.00 100.00 100.00
1, 000.00
500.00
200.00
50.00 15.00 15.00
2 , 000.00 1,000.00
l+oo.oo 300.00
30.00

Tool House (L arge) Agronomy

193 6

Bara (a ) An, Husb.

1936

Bam (b) An, Husb.

1936

B am Feed & S cales

An, Husb,

1938

1+ Hog H ouses, An. H usb. 1936

5 Hog H ouses, An. H usb. 1936

2 Tenant Houses

An. Husb.

1936

2 Tenant Houses

An, Husb.

1936

B arn, B rick , F o re stry 1936

D w elling, B ric k , F o re s t.1936

House # 1 , F o re stry

1936

House # 2 , F o re stry

1936

House # 3 , F o re s try

1936

House $+, F o re stry

1936

Shed, F o restry

1936

Bara, P o u ltry

1936

D w elling A, P o u ltry

1936

D w elling B, P o u ltry

1936

Garage, P o u ltry

1936

1*00.00
300.00 500.00
1. 500.00
2 ,0 0 0 .0 0
125.00
2,000.00
3. 000. 00 600.00
5. 500.00 600.00 1*50.00 500.00 i+50.00 300.00
2 . 000. 00
h , 000.00
1 , 1*0 0 .0 0 20.00

L ay in g H ouse 2L*xllO P oultry
Laying House 20x130 P oultry

1936 1938

1.200.00 1,200.00

74-

Schedule H -l

D eductions

Investm ent End o f Year

$

600.00

1*0 0 .0 0

700.00

600.00

300.00

600.00

1 . 500.00
.1 200.00

500.00 500.00
1,000.00
100.00
100.00

1,000.00
500.00
200.00
50.00 15.00
, 15.00
2 000.00 1, 000.00
1*0 0 .0 0
300.00
30.00

1*00.00
300.00 500.00
1 . 500.00
2 ,0 0 0 .0 0
125.00

2,000.00
3. 000. 00 600.00
5. 500.00 600.00 1*50.00 500.00 i+50.00 300.00
2 . 000. 00 1*, 0 0 0 .0 0
1, 1+0 0 .0 0 20.00

1.200.00

1,200.00

m;

Schedule H -l

>| A1
AJ X
iij
'i I
H
ilA
4
ft k ff| t f y JhI jM, J l 5M
4
n
m jA
T 'f" 4 <y *
rl
v! 4 |

Year

A cquired

BUILDINGS (C o n t' d )

Farms (C ont'd)

20 Range Houses 10x10

P oultry
4. Range H ouses 22x31+

1936

P oultry

1936

Remodeled P o u ltry House

P oultry Shop - P o u ltry Smokehouse, P o u ltry

1936
1936 1936

TOTAL FARMS

TOTAL INVESTED BUILDINGS

C. IMPROVEMENTS OTHER THAN BUILDINGS S tr e e ts and Sidew alks L ig h tin g System H eatin g System W ater System L a n d sc a p in g P r e s i d e n t ' s Home
TOTAL IMP. OTHER THAN BLDGS.

D. EQUIPMENT A dm inistrative P hysical P lan t L ibrary In s tru c tio n a l Departm ent O rganized R esearch E xtension D orm itories D ining H alls P r e s i d e n t ' s Home P rin tin g P ress Laundry Book S to re s A th le tic Departm ent S to r e Room V. R. A. Farm Cow T e s tin g
TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

Investm ent B eg in n in g
Of Year

A dditions

D eductions

Investm ent End o f Year 1 1I



1+00.00

#

1+00.00

300.00

300.00

1, 200.00 20.00
1+0.00
# 172, $ 70.00

1 , 200.00 20.00 1+0.00
"" i 172, 870.00

# 8, 01+8, 118.91 # 860, 83!+.38 # 15, 322.1+3 # 8 ,8 9 3 ,6 3 0 .8 6

* 258, 369.73 38, 730.142 92, 371.70 3i4. 3i45.97 15*000.00 11.i473. 5i4
# 38u .u 71.85 1+5,819.51

238, 369.73 38. 730.i42
1 2 6 ,7 1 7 .6 7
15, 000.00 11. i 473. 5i4
# 1+30,291.36

# 52. 091.55
77*1+99.02
60I+, 61I4I+.9I 1. 0148, 1473.148
108. 315. 3i4 56. 875.u u 1i47. 519.23 65. 552.13
1 ,7 8 6 .0 0
20,1+03.15 2 ,7 8 9 .1 0
89, 165.73
1 3 .0 2 9 .5 1
3 7 .680.50
8 ,0 7 0 .5 0
2, 773.142
36,1+71.1+1
798.67 2. 3714. 739.09 *

513 -U3 9 ,2 0 8 .3 6
76. 172.56
6 7 ,5 1 0 .6 0 2 7 .1 1 0 .5 5
i 9. 678.98
6,09l+.3l+
3 ,2 7 9 .0 7 1,01+8.97
1.82U .U5
1+63.12 212, 90!+.1+3

# 53.1+01+.98 8 6 ,7 0 7 .3 8
680,817.1+7 1,115,981+.08
135. i 425.89
76.55.1+2
153, 613.57
6 5 ,5 5 2 .1 3
5, 065.07 21, 1+52.12
2 ,7 8 9 .1 0
8 9 ,1 6 5 .7 3
il+, 853.96 37, 680.50 8, 070.50
2,773.1+2
36,l+7i.U i 1 ,2 6 1 .7 9
2, 587, 6143.52

11. 068. 25i4.85 1. n 9. 558.32 15, 322.143 12, 172, 1490.714

P V y*
1f

** T h is t r a c t bou g h t by Denmark D in in g H a ll and l a t e r deeded t o th e T r u s te e s .
* T his acreag e was composed o f o v er 50 sm all p a r c e ls o f lan d bought w ith a s s is ta n c e o f George F o ste r Peabody by th e T ru s te e s o f th e Alumni A sso c ia tio n and deeded t o th e U n iv e rs ity in 1928 in a sin g le deed.

$ .'w ' ( l ) P r io r P erio d A djustm ent. t IS

-75

U N I V E R S I T Y OF G E O R G I A , A T L A N T A D I V I S I O N FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , 1950
i U n iv ersity o f G eorgia, A tlan ta D ivision A tlan ta, G eorgia
.7 7 -

V pj! mk

BALANCE SHEET June 30 1950
ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank U. S. Government Bonds Accounts R eceivable Due from O th e r Funds TOTAL GENERAL FUNDS B. AUXILIARY Cash in Bank Aooounts R eceivable S tores (Inventbry) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank Notes R eceivable
TOTAL AGENCY FUNDS
I I I . PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land and Improvements B uildings E quipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

| 232, 7i+ l. 61+

i

275, 000.00

117,618.98

1 ,8 1 9 .9 5 -------------------- 1 6 2 7 ,1 8 0 .5 7

$ 8!+,396.11+ 67, 65^.65 25, 220.72

$ 1 7 7 ,2 7 1 .5 1

80i+,i+52.08

$ 10,100.93

2,791.^42



i 12, 892.35

$ 36, 000,00
$ 171, 760.31 5it2. 035.W4
2 2 7 ,8 7 0 .5 8 $9U l.666,33
$ 977, 666.33
$ 1 ,7 9 5 ,0 1 0 .7 6

f

A

BALANCE SHEET

June 30# 1950

A*

he

LIABILITIES

f

I . CURRENT KINDS

ft*

A. GENERAL

Accounts Payable

Purchase O rders O utstanding

A

U nearned Income

S u rp lu s

\

TOTAL GENERAL FUNDS

i
B. AUXILIARY

Accounts Payable

Reserve fo r S tores

S u rp lu s

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

* 1,221.59 8,269.37
U5.il09.39
372,280 J|2

*627,180.37

* 1,398.52 25. 220.72 150, 652.27 *177.271.51
* 80U.U52.O8

I I . AGENCY FUNDS Due t o O th e r Funds Fund B alances

* 1,819.95 11.072.U0

TOTAL AGENCY FUNDS
I I I . PLANT FUNDS A . UNEXPENDED Fund B alance

* 12,892.35 * 36, 000.00

B. EXPENDED Invested in P lan t

9U1,666.33

TOTAL PLANT FUNDS l I*
TOTAL LIA BILITIES, SURPLUS, AHD FOSD BALANCES
1
*

* 977,666.33 1.795.010.76

1

-7 9 -

STATEMENT OF CURRENT INCOME For Year Ended June 30 1950
EDUCATIONAL AND GENERAL STUDENT FEES N on-Resident T u itio n M atriculation Summer S e s s io n O ther Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia - R egular O perations
OTHER SOURCES I n t e r e s t on Bonds In stitu tes M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
NON-INCOME T ran sfer from D iv isio n o f G eneral E xtension Prepaid In te re s t R ealised
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
AUXILIARY ENTERPRISES BOOKSTORE
OFFICE BUILDING RENTALS
REFECTORY
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

G eneral Income
2 0 6 ,1 3 1 .9 3 itllt.lit2 .5 5
111, 23I+.29
9 .5 7 8 .8 9 171+1,087.66
$ 121+, 65500
$ 2 ,6 0 8 9!+ 3, 296.144.
2 ,6 1 1 .8 3
$ 8, 517.21
87lt,299.87
$ 216.68 703.56
$875*180.11
139, 1161.32
1*5.595.77
$ 2l+,302.86
2 0 9 ,3 5 9 .9 5 $ 1 ,0 8 3 ,6 1 9 .8 2

A dy
VJ1
f 1 JV ' h\ rjk
H J1 ha
ik >, * 1%
T 4
If mJ f j| v lL

-80'

f 1 I >11
IA
mI
u 4M
H

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL C om ptroller's O ffice D ire c to r's O ffice G eneral A dm inistrative R e g istra r's O ffice TOTAL ADM. A GENERAL
STUDENT WELFARE Dean o f Men Dean o f Women Placem ent Bureau TOTAL STUDENT WELFARE
PLYSICAL PLANT
LIBRARY
INSTRUCTION Dean, A rts & Sciences A rt BiologyB usiness A dm inistration C hem istryE d u c a tio n E n g lish Geography & Geology H istory J o u rn a lis m M athem atics Modern Languages M usic N ursing Education P h ilo so p h y P hysical Education P h y sic s P o litic a l Science Psychology S o cio lo g y Summer S ch o o l TOTAL INSTRUCTION TOTAL EDUC. & GENERAL EXPEND,
NON-EXPENSE: T ra n sfe r to P la n t Funds Reader Service TOTAL EDUC. & GENERAL DISB.

T otal

S alaries
& Wages

O perating S u p p lie s
Expense

E quipm ent

# 16,99^.13 t 15,997.U7 75U.03 * 2U2.63

12,250.98 11,257.65

991.83

1.50

Jl.7U6.07 39,851.17

10,1+50.29 38,156.93

20,089.99 1,205.79 1.593.09 101.15

#100,81+2.35 I 75.862.3U + 23.U28.9U +1,551.07

* 4,141+1.52 989.96

l+,3l+6.19 981.86

U.U38.7U i+, 131.96

$ 9,870.22 * 9,1+60.01 1

95*33 8.10 306.78 1+10.21

# 76,085.95 # 1+1+,81+7.1+7 I 30,316.79 # 921.69 # 35,865.1+2 # 13,306.99 # 19,1+86.61+ +3.071.79

# 7,885.85 10,593.29

# 5,297.01+ 9,610.16

#

2,157.26 605.50



U31.55 377.63

20,00l+. 22 163,765.67 il+,375.00
10,319.39

17.u95.52 11+8,1+33.11 10,209.93
9.538.66

1.335.16 0,029.02 3.U30.82
559.85

1,173.51+ 7.303.5U
73U.25 220.88

U5.590.U1 1|2+,990.11

300.30 300.00

U.032.UU 11,206.93 5,982.53 26,186.19 21.383.95 ll+, 127.70 27,237.02 1,352.00

2,779-50 11.ou3.79 5,899.92 26.13u.72 21,297.69 13,195.70 2l+,l+98.38 1,352.00

50U.37 163.11+ 82.61 51 .U7 86.26
32U.55 2,25l+.85

7U8.57
607 .U5 U83.79

18,3U3.79 10,51+0.05 9,891.39 ll.373.U2 5,500.67 76,585.65

13.876.75 7,902.69 9.827.76 10,360.51 5,1+95.28 76,122.17

1.596.39 318.88 61+.13 29I4.I6
5.39 I+63 .1+8

2,870.65 2,318.1+8
718.75

i 56,278.06 11+75,361.39 # 22,627.59 #18,289.08

1738,91+2.00 #618,838.20 # 96,270.17 #23,833.63

# 2,71*0.16
291,00
7 la,9 7 3 .l6

-81-

B . AUXILIARY EXPENDITURES BOOKSTORE
OFFICE BUILDING
REFECTORY TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE: T ra n sfe r to P la n t Funds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

T otal

O bject C la s s ific a tio n

pera tin g

S alaries 9c Wages

S upplies t E xpense E q u ip m en t

*159,316.05 3.3U8.01 *155.689.33 * 278.7I

6,127.70 1+,993-21

1 .13UJ+9

21,109.60 1,999.70 19*085*10

21+.80

*180,553.35 F 10,31+0.92 17U.77U.U3 t 1,1+38*00

# 13,115.00 *199,668.35
925.U95.35 #629,179.12 271.0UU.6o *25.271.63

GENERAL AUXILIARY
TOTAL CURRENT FUNDS
PLANT FUNDS AGENCY FUNDS TOTAL

STATEMENT OP CHANGES IN CASH BALANCES Year Ended June 30 1950

B alan ce
J u l y 1 , I 9I+9

R eceipts D isbursem ents

B alan ce

For Year

F o r Y ear Ju n e 30, 1950

* 99. 53u .69 $ 875,180.11 * 7U1.973.16 232.7Ul.6U 7-U.70U.5U 209, 359.95 199,668.35 81+,396.1I+
SITU,239.23 #1,081*, 5I+O.06 t 9u1.6U1.51 *317.137.78 # 3 6 ,0 0 0 .0 0 * 15. 855.16 # 15,855.16 # 36,000.00

$ 12, 1*56. 1+0 * 123.378.5U # 125.73U.01 # 10,100.93 *222, 695.63 *1,223,773.76 #1,083,230.68 *363,238.71

BANK BALANCES

F u lto n N a tio n al Bank, A tla n ta O perating Aocount Revenue C o lle c tio n Account Student Prom otion O ffioe B uilding Account

# 223,781+. 10
u 5. u 09.39 U.U38.07
7 1 .938.79 *3U5.570,35

C itize n s and Southern N atio n al Bank, A tla n ta B o o k sto re M usic Fund A ccount R efectory

# 9.261+.09 3,81+6.1*6
3. 193.26 # 1 6 ,3 0 3 .8 1

T ru s t Company o f G eo rg ia S tu d en t C red it Union
TOTAL

* 1.36U .55 * 3 6 3 .2 3 8 .7 1

HI fi
I
AI f *V
. 4a
J1
a
it- V> T
$ I*
- AjS - dll
m ra b\ A f
y4
- ! .4
'I f

.
*J
82

S tudent C red it Union S tudent Prom otion Music Fund Account R etirem ent C o llectio n W ithholding Tax C o lle c tio n Group In su ra n c e
TOTAL

STATEMENT OF AGENCY FUNDS Y ear Ended June 30 1950

Fund B alance
J u l y 1, I 9I+9 R e c e ip ts

D isb u rse- Fund B alano0
m ents June 30, 1950

t 5. 093. 5ft
4 ,8 1 7 .8 5
2, 147.00
398.01 $12,1+56.40

* 17, 973. 31
2l+,69l+.76
7 ,7 9 7 .0 0 1 2 ,2 9 6 .8 2
5 1 ,6 1 7 .2 0
8 ,9 9 9 .4 2 $ 123, 378.54

$ 21,702.33
25. 07f1. 5f1 6. 097. 5ft
1 2 ,2 9 6 .8 2
5 1 ,6 1 7 .2 0
8 ,9 lt5 .5 8
t 125. 73U.01

$ 1,364.55 it,lt3 8 .0 7
3>8lt6. 1t6
U 5 1 .8 5
$ 10, 100.93

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950
BALANCE, BEGINNING OF YEAR
ADDITIONS: T ran sfer from G eneral Funds T ran sfer from A u x ilia ry Funds TOTAL ADDITIONS
DEDUCTIONS: Expended fo r P la n t A dditions Land B u ild in g s and A d d itio n s to B u ild in g s A dm inistration B uilding Plans fo r proposed B uilding E quipm ent TOTAL DEDUCTIONS
BALANCE, END OF YEAR
SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1950
VALUE OF PLANT, JULY 1 , 1949
ADDITIONS* Expended from P la n t Funds Expended from E d u catio n al and G eneral Funds and in clu d ed in C urrent E xpen d itu res TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1950

Funds fo r P lant
A dditions $ 3 6 ,0 0 0 .0 0
2 ,7 4 0 .1 6 1 3 ,1 1 5 .0 0 *1?,-055.16
$ 598.40 569.98
1 ,5 7 1 .7 8 1 3 ,1 1 5 .0 0
* 15. 855.16
$ 3 6 ,0 0 0 .0 0
* 9 0 1 .9 7 7 .5lt
* 15. 855.16 23. 833.63
3 9 ,6 8 8 .7 9 $ 9 4 1 ,6 6 6 .3 3

-83-

STATEMENT OF INVESTMENT IN PLANT Y ear Ended June 30 1950

Year A cq u ired

Investm ent B eginning
Of Year A dditions

Investm ent End
Of Year

A . LAND Campus Off-Campus TOTAL LAND

19U5-U7 $166,961.91

$166,961.91

19U5-U7

l+,200.00 $ 598.1+0 i+,798.1+0

^171,161.91 "1 598.1+0 11ti.700.31

B. BUILDINGS A d m in istrativ e A Classroom Gymnasium DeKalb E x ten sio n
TOTAL BUILDINGS

19U5

$1+91,119.55 t 2 .1 U 1 .7 6 tu93.26i.31

19U7

19*42

1+,350.00

uu.u2u.13 u.350.00

$539.993.68 $ 2,11+1.76 t5U2.035.UU

C. EQUIPMENT A d m in istrativ e O ffices & Classroom s A uditorium In s tru c tio n a l Departm ents L ibrary P hysical P lan t C afeteria TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 1+8,1+62.62 ll+, 182.50 7u.u71.33 50,33*4.08 3.U71.U2
1190, 921.95

t 1,551.07
18,289.08 3.071.79
921.69 13,115.00 3,9U8.6

$ 50,013.69 1L+, 182.50 92,760.1+1 53.U05.87 , 393*11 13,115.00
$227,870.58

t901.977.5u $39.688.79 $91+1,666.33

-84-

G E O R G I A I N S T I T U T E OF T E C H N O L O G Y FINANCIAL REPORT
For th e Year Ending June 30, 1950
G eorgia I n s titu te o f Technology A tla n ta , Georgia
1 A
i
85-

BALANCE SHEET June 30 1950

ASSETS

I . CURRENT FUNDS

A. GENERAL

Cash in Bank

Im prest Cash

U t i l i t i e s D eposit - Tech In st

Accounts R eceivable

V eterans A dm inistration

Student Fees

*210, 71*8.21

Guidance Fees

8 ,6 7 1 .8 5

Army, Navy, Voo. Rehab,

13*978.07

Research C ontracts

159*138.95

Due from T ru s t Funds

TOTAL GENERAL FUNDS

-1 0 3 ,7 1 9 .2 k
32, 300.00 3, 000.00
392, 537.08 778.56 * 32k* 896.k o

4
1i p
Mk
* -<IV

B. RESTRICTED Cash in Bank Accounts R eceivable TOTAL RESTRICTED FUNDS

3 1 ,9 7 8 .8 9
k , 9 9 0 .6k
*

36,9^9*53

C. AUXILIARY Cash in Bank Im prest Cash Aocounts R eceivable V eterans A dm inistration S tores (In v en to ries) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

k k l* 1 8 9 .k 9 k , 500.00
7 8 ,2 1 1 .7 k 8k, 871.70
*

6 0 8 ,7 7 2 .9 3 *

m y\
970, 638.86 M

I I . AGENCY FUNDS Cash in Bank
I I I . ENDOWMENT FUNDS Cash in Bank Investm ents G eorgia Tech B u ild in g s Real E state WGST R ad io S t a t i o n R eal E s ta te Mortgage S tocks, P referred S to c k s , Common U. S. S e c u ritie s G eorgia le c h Bonds
TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Cash in Bank Student Notes R eceivable Investm ents U. S. Government Bonds C ity o f M a rie tta Bonds G eorgia le c h Bonds
TOTAL STUDENT LOAN FUNDS

* * 30l.lt06.97
113,753.26 It,915.58 7,lt29 Jt7 300.00 5,000.00 87,k00.00 3,850.00

t
21,697.92
52lt, 055.28

125,526 .k6
mi
BK yil
w'iW1vfV 91

*
* lk,050.00 2,000.00 51,150.00
86

*
lt7,823.21+ 12,132,85
67,200.00
*

51+5,753.20
,4-.
1
I
I IIf 127,156.09 m

87-

BALANCE SHEET Juno 30, 1950

I . CURRENT FUNDS A. GENERAL Account8 Payable Purchase O rders O utstanding R eserve f o r Unearned Income S u rp lu s TOTAL GENERAL FUNDS

LIABILITIES
* 13.3U 8.82
26,931.9U 97,773.00 186.8U2.6U
32U .896.UO

B. RESTRICTED Fund B alance

36,969.53

C. AUXILIARY Accounts Payable Due t o Bond S in k in g Fund Due t o C allaw ay No* 1 S in k in g Fund Reserve fo r S tores S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 15,829.147
58,316.08 63I4.20
814,871.70
I4l19.i2i.l48


608,772.93

970,638.86

I I . AGENCY FUNDS Fund B alance

125,526.U6

I I I . ENDOWMENT FUNDS Due t o G e n e ra l Funds Reserve fo r Purpose of T ru st Fund B alance
TOTAL ENDOWMENT FONDS



U0.39

1U1.3U

5U5.57i.U7

* 5U5.753.20

IV . STODENT LOAN FONDS Due t o G e n e ra l Funds Fhnd B alance
TOTAL STUDENT LOAN FUNDS

*

738.17

126,1417.92

127,156.09

V . PLANT FUNDS

A. UNEXPENDED

R eserv e from Bond S in k in g Fund

|

R e se rv e f o r C allaw a y No. 1 S in k in g FVind

FUnd B alan c e

TOTAL UNEXPENDED

2314,3914.15
7,658.60 26I4, 162.02
------------------*

506,2114.77

B. EXPENDED Due t o Endowment Funds Bonds P ayable Invested in P lan t TOTAL EXPENDED
TOTAL PLANT FONDS

, , 301, 1*06.97 2 785 000.00 13.083.7U8.60 16,170,155.57 l6,676,370.3U

TOTAL LIABILITIES AND SURPUJS

18.UU5.UUU.95

SUMMARY OF INCOME * EXPENDITURES For Year Ended June JO, 1950

E d u c a tio n a l aid G e n e ra l

G eneral R estricted

A. INCOME

Student Fees

$ 2 ,7 1 5 ,0 8 9 .8 1

P ublic A ppropriation

S ta te o f G eorgia 795,053*00

O ther Endowment

2 0 ,7 0 9 .7 1
20,313*11 8, 556.57

G i f t s St Or a n t 8

33*750.00

S ales & Service

559*143*09

Residence H alls

A partm ents

D ining H all

B o o k sto re

M ilita ry Uniform s

R esid en tial P roperty

O ther Souroes

44*831.86

A uxiliary

P lant

O ther NonE ducational T otal

2 ,7 1 5 ,0 8 9 .8 1

50, 000.00
1 ,5 5 7 .0 0 229,430.67 35,185*39

3 4 0 ,6 1 7 .0 3
175*000.33 553.191*82
892, 735.12
5 8 ,5 1 0 .0 1
22.92U .38 3 ,6 8 0 .8 4

U, 377.87

795*053.00
7 0 ,7 0 9 .7 1 3 0 ,4 2 6 .6 8
2 9 8 ,3 6 6 .0 6
5 5 9 ,1 4 3 .0 9 3 4 0 ,6 1 7 .0 3
175*000.33 5 5 3 .1 9 1 .8 2
892, 735.12
5 8 ,5 1 0 .0 1
22. 92u .38 52. 890.57

TOTAL INCOME $ 4 ,1 3 4 * 4 3 0 .8 7 6 3 ,0 1 6 .2 8 2 ,0 4 6 ,6 5 9 * 5 3 283, 808.54 3 6 ,7 4 2 .3 9 6, 564, 657.61

B. EXPENDITURES

E ducational A Gen.

Adm. St Gen

$ 292, 863.70

Student W elfare 110,652.04

P la n t O perations 547*368.53

L ibrary

96, 788.4.8 9, 699.83

In stru ctio n R esearch

1,780,481.32 l4,364*15
5 7 3 ,2 4 6 .4 0 20, 566.31

E x te n sio n

474,655*61 19,530.80

A uxiliary E nterprises

Residence H alls

A partm ents

lin in g H alls

B o o k sto re

M ilita ry Uniforms

R esid en tial Property

O ther

P lant

P lan t A dditions

Indebtedness R etired

I n te r e s t on In d e b t.

O ther

O ther N on-Eduoational

Fellow ships

S c h o la rsh ip s

O ther

169. 51U.75 58. 178.75
5 1 9 .8 7 U .8 1
5 6 3 .6 7 5 .7 8 6 5 ,0 9 0 .3 6
6, 330.16
7 ,0 9 2 .3 3

292, 863.70
1 1 0 ,6 5 2 .0 4
5U7. 368.53
1 0 6 ,4 8 8 .3 1 1,794,845*47
5 9 3 ,8 1 2 .7 1 494.186.4 i
I 69. 5i 4.75
5 8 ,1 7 8 .7 5 5 1 9 .8 7 4 .8 1
563. 675.78 65, 090.36
6, 330.16 7 . 092.33

5 3 0 .1 8 U .7 9 1 1 3 ,6 6 4 .1 9 7 9 ,8 7 7 .2 9 U 7.77l.U l

5 3 0 ,1 8 4 .7 9 1 1 3 .6 6 U .1 9 7 9 .8 7 7 .2 9
4 7 ,7 7 1 .4 1

1 7 ,7 3 3 .1 4 1 8 ,7 6 2 .6 4
665.82

1 7 ,7 3 3 .1 4 1 8 ,7 6 2 .6 4
665.82

TOTAL EXPEND. $ 3 ,8 7 6 ,0 5 6 .0 8 6 4 ,1 6 1 .0 9 1 ,3 8 9 ,7 5 6 .9 4 7 7 1 ,4 9 7 .6 8 3 7 ,1 6 1 .6 0 6 ,1 3 8 ,6 3 3 .3 9

- 89-

STATEMENT OF CURRENT INCOME
For Year Ended June 30, 1950

A. EDUCATIONAL & GENERAL STUDENT FEES Day School Non-Resident Tuition Matriculation Health Service Summer School Other Extension Division Non-Resident Matriculation Other Technical Institute Non-Resident Matriculation Health Service TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Operations Vocational Funds State Federal TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT Julius Broun Forrest er-McRae-Rankin Josephine Cloudman Louis H. Wellhouse - Research Philip H. Lamar - Research Daniel Guggenheim - Research B. E. Willingham - Textile TOTAL ENDOWMENT
GIFTS AND GRANTS Textile Education Foundation General Education Board - Research General Education Board - Library Dr* Charles A* Thomas - Chemistry Zaohrys - Ind. Eng. TOTAL GIFTS & GRANTS
SALES AND SERVICE Research
OTHER SOURCES Veterans Guidance Fees General and Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

General Income

Restricted Inoome

Total

887,071.53 8U7.317.71* 85,533.93 375.U95.U7 10,100.30
116.25U.57 169,092.25
2,567.80
84,431.10 131,089.62
6,135.70 2,715,009.81

887,071.33 eu7.317.7u 85,533.93 375.U95.U7 10,100.30
n6.25u.57 169,092.25
2,567.80
84,431.10 131,089.62
6,135.70 2,715,089.81

795,053.00 795,053.00

5.879.27 14,830.1^
20,709.71

795,053.00
5,879.27 14,830.44 815.762.71

13,092.79 78.36

13,092.79 78.36

7.1U1.96

7,141.96

79.77 1,390.00

79.77 1,390.00

7,061.80

7,061.80

25.00

25.00

2 0 ,3 $ . 11 * 8,556.57 I 28,869.68

12,500.00 12,500.00

16,000.00

16,000.00

5,000.00 150.00

5,000.00 150.00

100.00

100.00

33.750.00 33,750.00

559.1U3.09

559.1U3.09

42,803.90 2,027.96
"44,831.86
& , 134,430.8?

42,803.90

----- r

2,027.96 44,831.86

$63,016.28 14,197,447.15

-90

NON-INCOME Old Checks C an ce lle d , e tc * Cash Over & S h o rt T ra n s fe r from P la n t Fluids T ran sfer from G eneral Funds T ran sfer from R e s tric te d Funds
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman Glenn H arris H arrison H ow ell S m ith Technical In s titu te Techwood Towers TOTAL DORMITORIES
APARTMENTS C allaw ay C allaw ay No. 1 Burge TOTAL APARTMENTS
DINING HALLS B rittain Technical I n s titu te C ollege Inn TOTAL DINING HALLS
RESIDENTIAL PROPERTY R eg u lar T r u s t Fhnd P ro p e r ty TOTAL RENTAL PROPERTY
MILITARY UNIFORMS
OTHER
TOTAL AUXILIARY INCOME
C. OTHER NON-EDUCATIONAL ENDOWMENT E . 0* B atso n Fund
GIFTS AND GRANTS R esearch C orporation S h e ll O il Company E . O rton J r . Ceramic F oundation

G eneral Inoome
1 . 535. 1+9
- 902.63 1,157.1+6
.01+
136, 221.23

R estricted Income
15, 000.00
7 8 ,0 1 6 .2 8

T otal
1 . 535.U9
- 902.63
1. 157.U6 15, 000.00
.01+
U .21U .237.51

892,735.12

892,735.12

ll+, 6 5 0 .7 0 6 ,0 0 0 .0 0
73. 863.38
ll+, 220 87
26, 251.73 19, 685.32
6 8 ,8 3 3 .0 1
27,1+05.29
1+0, 160.23
1+9,51+6.50
31+0,617.03

ll+, 650*70 6 ,0 0 0 .0 0
73, 863.38
ll+, 220.87
26, 251.73 19, 685.32
6 8 ,8 3 3 .0 1
27,U 05.29
1+0, 160.23 U9. 5U6.50
31+0,617.03

120,97i+.62 5,587.1+7
1+8,1+38.21+ 175,000.33
3ll+, 186.80
7u . 667.89
161+.337.13 1 553,191.82

120,97l+. 62 5.587.U 7
1+8,1+38.21+ 175,000.33
311+, 1 8 6 .8 0 7u . 667.89
16U .337.13 553,191.82

12,370.30 10,55l+.08
22,92i+.38
58,510.01-
3,680.81+
2, 01+6, 659.53

12,370.30
10, 55I+.O8 22, 92!+. 38 58, 510.01
3,680.81+
2,01+6,659.53

1,557.00 1,557.00

3, 777.50
1 ,5 0 0 .0 0
1 ,2 0 0 .0 0

3 ,7 7 7 .5 0
1 , 500.00
1 ,2 0 0 .0 0

GIFTS AND GRANTS ( C o n t 'd ) T ennessee Eastman Corp. Tennessee Corp. T. E a rl S tr ib lin g M emorial Fund C arnegie Foundation S to n e M ountain G r i t Company K ate McGrath G. Mote W illiam s M em orial F oundation N a tio n a l B eta Club C o lo n ia l Dames o f A m erica P e p s i-C o la Company W. M. U. Rhodes Find Je sse H. Jones F oundation C o ca-C o la Company Socony-Vacuum O il Company Manget Foundation Savannah Gas Company L . W. R o b e rt Rich Foundation Community E n te r p r is e s I n o . A ir F orce Aid S o c ie ty John King Fund TOTAL GIFTS & GRANTS
TOTAL NON-EDUCATIONAL INCOME
NON-INCOME Old Checks C an celled
TOTAL RON-EDUCATIONAL RECEIPTS
TOTAL CURRENT INCOME

G eneral Income

R estricted Income

T otal

1, 200.00 750.00
3, 222.72 1, 900.00
600.00 1 , 000.00

1, 200.00
750.00
3, 222.72 1, 900.00
600.00 1, 000.00

1.01+9*50
300.00 125.00

1,01+9.50
300.00 125.00

1*73.00
150.00 6, 000.00 1, 1+00.00
1+50.00 2, 000.00
550.00 200.00 2, 000.00 1 , 000.00 1, 000.00 700.00 2, 637.67

1*73*00
150.00 6, 000.00 1, 1+00.00
1+50.00 2, 000.00
550.00 200.00 2, 000.00 1, 000.00 1, 000.00 700.00 2, 637.67

35.185.39 * 35,185.39

36, 71*2.39 36. 71*2.39

6,181,090.140

100.00 36,81*2.39
99, 758.67



100.00

36,81*2.39

$6,280,81+9.07

STATEMENT OF CURRENT EXPENDITURES Tear Ended June 30, 1950

EDUCATIONAL & GENERAL

ADMINISTRATIVE <5c GENERAL

P re s id e n ts O ffice



E x ecu tiv e Dean

R e g is tra rs O ffice

C o n tro lle rs O ffice

Public R elations

G eneral A dm inistration

V ic e -P re sid e n ts O ffice

Alumni O ffic e

TOTAL ADM. * GEN. $

JUnd C l a s s i f i c a t i o n General R e stric te d
22, 792. 31* ii* ,990. 1*8
57,321.1*8 6 3 ,8 0 0 .0 5 1 1 ,7 3 8 .5 0 103,038.63 12,351*.89
6 ,8 2 7 .3 3 2 9 2 ,8 6 3 .7 0

O bject C la ssific a tio n O perating
S a la rie s Supplies & Wages A Expense Equipm ent

22, 792. 31* 13. 893.59 1*5, 191*.03
6 2 ,8 2 2 .3 0
10, 333. 1*2
i+,3 0 6 .3 0 1 2 ,0 9 9 .9 6
6, 600.00
178,01+1.91+

725. 1*2
1 1 ,9 5 0 .9 5
1,075*08 9l*. 5 9 9 .8 2
191.93 227.33 1 0 8 ,7 7 0 .5 3

371. 1*7
176.50 977.75
330.00 1*. 132.51
63.OO
6, 051.23

S ^.IlL
1 Tj
pA El iil
1 A iJ t* If 9 *2* 1n 4> | I> 2
1 vl+
1 'M
a
SB
1T y. J *
1 : nfJRM i 3; ?I

STUDENT WELFARE Infirm ary YMCA Dean o f S tu d e n ts TOTAL STU. WEL.

Fund C l a s s i f i c a t i o n General R estricted
$ 61,131.69 9 ,5 7 2 .8 2
39. 91+7.53 F ~ 110, 652. 0h

S alaries Sc Wages
U2, 7 2 5 .0 0
5.869.U 2
37. 039.60
8 5 ,6 3 U .o2

S u p p lie s Expense Equipment

16, 993.01
2, 515.69
l^,& 08.7o

i , U i 3.68 3, 703-Uo
392.2U 5 ,5 0 9 .3 2

PLANT OPERATIONS

B u ild in g s A G rounds $ U0 2 . i Z J . 1 2

Power P la n t P la n n in g Sc C o n s tr u c tio n

1 2 5 ,U 9 8 .i4 l 19.5U 3.00

TOTAL PLANT OPERA. F " 5U 7.3 .53

LIBRARY

I 96,788.U 8

9. 699.83

276, 7U6.62
28,88U .70
1 8 ,8 2 8 . 1*9 3a t . u 59. 8i
60, 250.22

1 2 1 ,5 1 9 .0 9 8 6 ,9i4U .25
36U.51
208, 827.85

h* 061. h i 9,669 .46
350.00
lU, 080.87

1, 798.28 UU,U39.81

INSTRUCTION

Dean o f F a c u ltie s Co-op D epartm ent

$ 13.o u 3.75 10. 923. 5u

Engineering School

Dean* s O ffic e A ero n atu tio al Bngr. A rchitecture

13.u 99.57 U6. 951.75
6 5 ,1 5 6 .8 7

Ceramic E n g in eerin g

3 1 ,5 2 5 .1 5

Chemical E ng in eerin g C iv il Engineering

7 1 ,7 9 5 .3 3 5 1 ,2 7 8 .5 0

E le c tric a l Engr.

I I O .7U2.59

Engr* Draw, Sc M echanics 97U23*53

I n d u s t r i a l E n g in e e rin g 5U,U39.8U

Meoh. E n g in ee rin g

1U5. 662.92

S afety E ngineering T ex tile E ngineering

9,627^*9 U 9,7 2 6 .3 8

TOTAL ENGR. SCHOOlF" 7 9 1 ,7 9 7 .2 1

1. 72U.15
100.00
12, 525.00 1U .3U9.15

1 2 ,0 9 9 .9 6 9.1U 2.75
11, 633.92
38,aU 7.80
75, 201.91
26,U 57.03
53, 322.96
U 7.220.85
97, 863.99
8 3 ,6 1 1 .2 8
U6.U 75.39 129, 213.39
8 ,9 8 3 .0 0 5 U ,U 9 9 .1 6
9U ,573.39

9U3 .7 9
1, 380.31

U00.U8

1, 181.17
32.,221539..85 56 2, 966.09 7. 293.U7 2. 53U.35
2 ,0 0 3 .8 3
6 8 U .7 2
1 ,7 0 9 .9 9
6 ,0 7 8 .3 3
63U.O8 5. 1U7.30
3 8 ,0 3 0 .8 h

68U.U8 7 . . 1U .55 6, 695.10 2,1 0 2 .0 3 11, 178.90
1 ,5 2 3 .3 0
10.87U .77
1 3 ,1 2 7 .5 3 6 .3 5 U .U 6
1 0 ,3 7 1 .2 0
10.U1 2, 60h .92 73. 5u2.13

G eneral S tudies School

D ean's O ffice

$ 12,808.96

B io lo g y Sc P ub. H e a lth 15. 319. 8u

C hem istry

185,U82.92

I n d u s t r i a l Management l l h , 121.09

E nglish

91, 639.69

M athem atics

107,170.12

Modern Languages

26, 537.98

M usic

ll,809.lU

P hysical T raining

U9,058.92

P h y sio s

101,64U.13

Psychology

22. u 5u .38

S o cial Science

36,110.6U

TOTAL GEN. STUDIES $ 77U, 157*81

15.00 15.00

11,298.78
1u . 795.92 115, 666.37 111,062.21 89,710.11 105,025.07 26,136.9U 10, 599.69 UU,399.8U 83, 688.55
19.U6l.75 3U,895.87 666,7U1.10

778.83 UUU.82

731.35 79.10

17. 3U3.79 52.U87.76

625.97 2.U32.91

9U2.03 1 .U97.36
168.30

987.55 6U7.9 232. 7U

772.27 U37.18

U, 659.08

7,721.70 10, 233.88 U88.61 2, 50U.02 U63.99 750.78

35. 906.75 71.52u.96

G raduate D iv isio n

$ 37. u 31.06

Army ROTC

6, 022.99

A ir ROTC

3.936.U9

Naval Science

l,966.iiU

Summer S ch o o l

165,169.32

TOTAL INSTRUCTION f 1,700,h-81.32 lh,36U.15

36,0U7.9U U, 10U.U5 3,222.80 1,559.15 165. 169.32 1,571.U18.15~

69U.06
991.69 268.06 2U3.01

689.06 926.85
UU5.63 16U.28

_I6,13U.U1 lU7.2Q2.QX

- 93-

Fund C la s s if ic a tio n

G eneral

R estricted

Object Classification

O perating

S alari es

S u p p lie s

& Wages

& Expense Equipment

RESEARCH

!$ 5 7 3 A 6 .i* Q 2 0 ,5 6 6 .3 1 U66,Ol6*3U

98,86U .32 28,932.05

EXTENSION

A dm inistration

!1

Eveiiing School

C o n feren ces

In d u s tria l Education

Technical In s titu te

V eterans Guidance

TOTAL EXTENSION!

19. 855.11
155.687.31 12,1+17.50 1,089*28
2 U 5 ,2 6 2 .2 3 U 0 ,3 U 6 .1 8
U 7 U ,6556l

1 9 ,5 3 0 .8 0 1 9 ,5 3 0 .8 0

19, 253.88
150,8U9*25
9 ,7 7 5 .0 2
17. 3U1.92
182,201.87
35. u 56.35
U lU ,878*29

599.23 2.26U .93 2 ,6 U 2 .U 8 3 ,2 7 8 .1 6 3 6 ,0 0 2 .6 1 2 ,2 66*U 8
U7. 053.89

2 ,5 7 3 .1 3
2 7 ,0 5 7 .7 5
2. 623.35 32. 25u .23

TOTAL EDUC. & GEN.

EXPENDITURES

$ 3 ,8 7 6 ,056.08 6U ,161.09 3, 100, 698.77

560, 957.98 2 7 8 ,560. U2

NON-EXPENSE

f& nsfer to R estricted

FXmds

\1 15, 000.00

T ra n s fe r to P la n t Funds27U689.11

Due from Endowment w

778.56

TOTAL EDUC. GEN. DISBURSEMENTS $U1 6 6 ,5 2 3 .7 5

B. AUXILIARY ENTERPRISES BOOKSTORE

i* 563, 675.78

DORMITORIES

Brown

$ 10,628*62

Cloudman

2,817*61+

G lenn

21,730*97

H arris

8,81+6.02

H arrison

10, 1+76.71

Howell S m ith

9 ,3 2 8 .1 9
23. 1+2.55

T echnical In s titu te

2 6 ,8 9 6 .8 5

Teohwood

3 U .6U 3.11

Towers

21,0 0 U * 0 9

TOTAL DORMS. 1 169. 511+.75

APARTMENTS B urge C allaw ay C allaw ay No. 1 TOTAL APTS.

i* 2 0 ,3 8 2 .8 2 3 5 ,7 8 1 .2 2
2,0lU .71
}i 58, 178.75

DINING HALLS B rittain Tech In s t C ollege Inn TOTAL D. H.

|\ 302, 209.21 63. 32u . 6i
1 5 U ,3 U 0 .9 9 1\ 5 1 9 .8 7 U .81

7u . 88u . 9u U86, 963.86 1 ,8 2 6 .9 8

8, 083.90
13,909*21 6 ,U 7 3 .U 6
6, 629*U8
5.6U 7 .U 3
15, 265.70
15,96U .39
16, 712.85
lU .7l9.U o 1 0 3 ,U 0 5 .8 2
8, 037.56 15. 955. 5U
1.U 09.57
25.U02.67

2. 5U0.77
2 ,8 1 7 *6U
7, 657.88 2, 367.95
3,8U o .6U
3. 676.15
7,86U .33
10, 729.83 17, 919.06
6,27U .81
65, 689.06

3 .9 5
163.88 U.61 6.59
U*6l
12.52 202.63
11.20 9 .8 8
U19.87

11, 292.90 19. 710.U0
598.55
3 1 ,6 0 1 .8 5

1 ,0 5 2 .3 6 115.28
6.59 1. 17U.23

9 7 ,6 7 2 .0 9
1 8 ,5 U U .0 8
U5. 687.37 " 161, 903. 5U

2 0 1 ,9 7 1 .7 3
UU, 302.19 106, 539.12
3 5 2 .8 1 3 .OU

2. 565.39 U78. 3U
2, l l U .50 5, 158.23

-9 4

* jK|
4$
il
i A A :*fv H
A
J j jV fl *Mr m a <>
i>:
: 4
v m \V 1 JIVSI

Fund C l a s s i f i c a t i o n

G eneral

RESIDENTIAL PROPERTY

--------

R eg u lar

$ i+, 4.62 53

T ru st Fund P ro p e rty

1, 867*63

R estricted

TOTAL RENTAL # 6 ,3 3 0 .1 6

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

Se Wages

& Expense Equipment

i*.1*62.53 1, 867.63
6 ,3 3 0 .1 6

MILITARY UNIFORMS
OTHER
TOTAL AUXILIARY EXPENDITURES

$ 65,090*36 $ 7*092*33
#1,389,756.91+

8,098*73
5. 658.39

56, 991.63 1. 1*33.91*

379.35l*.09 1. 001,823.5!+ 8 ,5 7 9 .3 1

NON-EXPENSE T ransfer to P lant Rinds

237.677.51*

TOTAL AUXILIARY DISBURSEMENTS

|l,6 2 7 ,l+ 3 l+ * l+ 8

C. OTHER NON-EDUCATIONAL Fellow ships S c h o la rsh ip s O ther

17,733 -lh 18,762*61+
665*82

1 7 .7 3 3 . U*

18,762.6!+ 665.82

TOTAL OTHER NON- EDUC. EXPENDITURES
NON-EXPENSE T ra n sfe r to Gen. Funds

3 7 ,1 6 1 .6 0
.oi+

17.733.11*

19,!+28.!+6

TOTAL OTHER NON-BDUC. DISBURSEMENTS

3 7 .l6 l.6 1 i

TOTAL CURRENT EXPENDI. 1 5 ,2 6 5 ,8 1 3 * 0 2 101, 322.69 3,1+97,786.00 1 , 582, 209,98 2 8 7 ,1 3 9 * 7 3

,4> J V :4
M
>1
u y |I -fpj
i t

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL GIFTS & GRANTS Dr* Chas* A* Thomas, Chem Zaohry*s In d . Eng, Lounge G* E* B* - Equipm ent Wind Tunnel Gen, Educ* Board - R esearoh Gen* Educ* B oard - L ib r a r y T ex tile Foundation
TOTAL GIFTS & GRANTS

B alan ce B eg in n in g
Of Yeiur

R eceipts For Year

D isburse m ents
For Year

* 1, 259.16 2,lilt6.56
1.1*5
f3,707.17

150.00 100.00
2 6 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0
12, 500.00
~ 1+8,750.00

15.00
100.00
l,7 2 i+ .1 5 1 1 ,8 0 0 .0 0 9 ,6 9 9 .8 3 1 2 ,5 0 0 .0 0 3 5 ,8 3 8 .9 8

B alan ce End
Of Year
135.00
1, 259.16 722. 1+1
li+ ,2 0 0 .0 0 301.62
1 6 ,6 1 8 .1 9

A - 95-

ENDOWMENT L o u is H W e llh o u se - R e se a rc h D an iel Guggenheim - R esearch P h i l i p H. Lamar - R e se a rc h B E* W illin g h a m - T e x t i l e TOTAL ENDOWMENT
PUBLIC APPROPRIATIONS V ocational Funds
TOTAL EDUC. * GENERAL
B. OTHER NON-EDUCATIONAL FELLOWSHIPS R esearch C orporation R e se a rc h C o rp . No 2 S h e ll O il Company R e se a rc h C orp. No 3 Ed. O rton J r . Ceramic F oundation S outhern Airways T enn. E astm an No 1 Tenn E astm an No 2 T ennessee Corp T. E arl S trib lin g R e se a rc h Corp No. 1+ R esearch Corp No. 5 R e se a rc h C orp. No 6 C arn eg ie Award No. 1 C a rn e g ie Award No 2 C a rn e g ie Award No 3 C a rn e g ie Award No. 1+ C a rn e g ie Award No 5 T exas Company C a rn e g ie Award No 6 C a rn e g ie Award No 7 R esearch Corp No. 7 S to n e Mt G r i t Company
TOTAL FELLOWSHIPS
SCHOLARSHIPS K ate McGrath G Mote W illia m s No 1 G. Mote W illiam s No. 2 N a tio n a l B eta Club C o lo n ia l Dames o f A m erica Pepsi-C ola W.M.TJ. Rhodes Jefferso n M ills Inc. War Orphans Sears-R oebuck No. 1 J e s s e H Jo n e s

B alan ce B eg in n in g
Of Year 2JU.7U
* 23U .7I*

R eceipts For Year
7 9 .7 7 7 ,0 6 1 .8 0
1, 390.00 25.00
8, 556.57

D isburse m ents
For Year
311+.51 7 ,0 6 1 .8 0
1, 390.00 25.00
8 ,7 9 1 .3 1

B alan ce End
Of Year

- 6, 169.55 # - 2, 227. 61+

2 0 ,7 0 9 .7 1
78, 016.28

19, 530.80 61+, 161.09

-1+,990.61+ 11,627.55

# - 100.00
1+50.00 237.72
. 01+ 6, 193.82
.03
293.53 1 ,9 5 1 .3 2
1, 500.00 3, 000.00
650.00 750.00
1 ,0 0 0 .0 0
9.52 500.00 1, 500.00
17, 935.98

100.00
675.00
1, 500.00 1, 200.00
1, 200.00
750.00
3, 222.72 1, 502.50
1 ,0 0 0 .0 0
900.00 1, 600.00
600.00
ll+, 2 5 0 .2 2

1, 125.00
1 ,6 2 2 .7 3
. 01+ 1, 100.00
.03 1, 200.00
9 9 ^ .3 0 l,8 3 i+ .0 0
1, 313.00 1, 1+90.00 2, 175.00
61+9*1+0
750.00 717.16
9 .5 2
500.00
1 ,2 0 0 .0 0 1 ,0 0 0 .0 0
53.00
1 7 ,7 3 3 .1 8

111+.99
100.00 6, 193.82
1*9.23 3, 31+0. 01+
189.50
10.00
825.00 .60
282.81+
300.00
81+7.00
1, 600.00 600.00
114, 1*53.02

529.57
21+.50
200.00 32.00

1, 000.00 500.00
5U9.50
300.00 125.00 1+73.00 150.00 6, 000.00
1, 1+00.00

'253.31+
239.00
51+9.50
138.00 125.00 1+73.00 150.00 6, 975.00
200.00 32.00 900.00

7I+6.66 261.00 162.00
-l,50l+ .57 21+.50
500.00

ni % mi 4V
-jki >

SCHOLARSHIPS ( C o n t'd ) Win. B. H e ath - Coca C ola Company Sooony-Vacuum O il Company Manget F oundation Savannah Gas Company S e a rs-R o e b u c k Company No. 2 L* W. R o b e rt Textron In c . S ears-R oebuck Company No. 3 S e a rs-R o e b u c k Company No. 4 Rioh*s C ity P lanning Community E n te r p r is e s A ir Force Aid S o c ie ty B atson S cho larsh ip TOTAL SCHOLARSHIPS
OTHER John King Fund
TOTALS

B alan ce B eg in n in g
Of Year

R eceipts For Year

$ 450.00
91.00
2 ,0 0 0 .0 0
166.68 150.00 150.00
r2 ,7 jii;6 r_

4 5 0 .0 0 2 ,0 0 0 .0 0
550.00
200.00
2 ,0 0 0 .0 0
1 ,0 0 0 .0 0 1 ,0 0 0 .0 0
7 0 0 .0 0 1 ,5 5 7 .0 0
1 9 ,9 5 4 *$0

D isbursement s
For Year
1 , 716.33 550.00
200,00
91.00
3.J+90.75
166.68
138.00
150.00
668.04
700.00 857.00 1 8 ,7 6 2 .6 4

B alan ce End
Of Ye a i*
900.00
283.67
509.25
12.00
531.96
1 ,0 0 0 .0 0
700.00
3 ,9 5 5 3 7

$18,14142.95

2T 637.67 114, 858.67

665.82 101, 322.73

1 ,9 7 1 .8 5 3 1 .9 7 8 .9 9

+01 > fi

STATEMENT OF TRUST FUND BALANCES Year Ended June 30, 1950

Endowment Funds

Loan Finds

BALANCE OF PRINCIPAL, BEGINNING OF YEAR

$517,781.29 li <4,599.64

ADDITIONS: G ifts and G rants Gain on In vestm ents Income on In v e stm en ts T ra n sfer from Loan Funds T ra n s fe r from Endowment Funds Income on S tu d e n t Loans C o lle c tio n s on Notes P rev io u sly W ritte n O ff T ran sfer from U n iv ersity o f G eorgia
TOTAL ADDITIONS

$ 24,369.43
350.00 29. 769. 6U
2 6 ,7 8 8 .4 3
81, 277.50

5 ,8 0 4 .0 3 4 ,7 2 8 .8 3 1 ,4 6 6 .1 6
548.66 479.09 1 ,0 9 1 .0 5 1 ,3 5 6 .9 0
15. u 5u .72

DEDUCTIONS: T ran sferred to G eneral Funds T ra n sfe rre d to R e s tric te d Finds T ra n s fe rre d to Endowment Funds T ra n sferred to Loan Finds A pplied fo r Purpose of T rust Notes W ritten Off C o llectio n Expense TOTAL DEDUCTIONS
BALANCE END OF YEAR Due t o G e n e ra l Funds
LESS: Income n o t T ra n s fe rr e d
BALANCE OF PRINCIPAL, END OF YEAR

$ 20,313.11 1 1 ,0 3 3 .8 0
548.66
21, 14IO.02
: 53. 305.59

2 6 ,7 8 8 .4 3
250.00
6, 505.11
92.90
33. 636.u u

5U 5.753.20
4 0 .3 9 141.34

1 2 6 ,4 1 7 .9 2

- 97-

5U5.571.U-7 1 2 6 ,4 1 7 .9 2

T otal Funds
6 6 2 ,3 8 0 .9 3
3 0 ,1 7 3 .4 6 5 ,0 7 8 .8 3
31. 235.e o
2 6 ,7 8 8 .4 3 548.66 479.09
1 ,0 9 1 .0 5 1 ,3 3 6 .9 0
96, 732.22
2 0 ,3 1 3 .1 1 1 1 ,0 3 3 .8 0 2 6 ,7 8 8 .4 3
548.66
21, 660.02
6 ,5 0 5 .1 1
92.90 86. 9i42.03
672, 171.12
4 o .39 141.34
6 7 1 ,9 8 9 .3 9

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 3 0 , 1950

ENDOWMENT FUNDS A rc h ite c t Alumni P riz e E . 0 B a tso n S c h o la r s h ip J u l i u s Brown Brown Mem* S in k in g Fund Jo se p h in e Cloudman A lic e Coon6 L loyd C* D a n ie ls Forrester-M cR ae-R ankin D an iel Guggenheim Aero* B* M i f f i n Hood C h a ir o f C eram ics C* L* K ing M em orial P h i l i p H* Lamar R e s e a rc h Edmund M agers G e n e ra l K ate McGrath T* E* M it c h e l l M* R ich J . M. T e r r e l l WGST B ro a d c a s tin g S t a t i o n B* E* W illin g h a m
TOTAL ENDOWMENT FUNDS

Fund Balance

Beginning

Of Year

Additions

$ 4.08*00

18.00

12,160*73

445.71

183, 276. 1I4 13, 060.15

21, 410*02

77.928.8U 7,1*+1.96
4, 436.62

5, 000.00

1, 910.03

78.36

168, 111*95 7, 061.80

15, 660.00 19, 266. 6*4

12, 907. 0*4 32, 000.00 1, 390.00

102.79

1 ,0 0 0 .0 0

5. 711.94 50.00

4 ,5 8 1 .4 9

4 . 915.58

1 ,0 0 0 .0 0

25.00

t517.7 8 1 .2 9 81,277.50

Fund Baiane

End of

Deductions

Year

1, 557.00 13, 092.79 21,*410.02
7,1*41.96
86.62 78.36 7 , 061.80
*407.0*4
1, 390.00
1 ,0 0 0 .0 0
55*00
25.00 53, 305.59

*426.00 11,0*49.*4*4
183,2*43.50
7 7 ,9 2 8 .8 4 *4,350.00
5, 000.00 1, 910.03 168, 111.95 32, 926. 6*4 12, 500.00 32, 000.00
102.79
5. 711.94 50.00
4, 526.49 4, 915.58
1 ,0 0 0 .0 0
545, 753.20

STUDENT LOAN FUNDS A rchitect G. WV A d a ir J* Baldwin M. R . B e rry S* F . B oykin T . P* B ranch M em orial M* L* B r i t t a i n S . S . C la s s J* B* C am pbell J o se p h in e Cloudman H o llan d Colemah W illia m B* Coleman P o s t A lic e Coons A. C* Dobbs A French Ga* F e d e r a t i o n o f L abor Mrs* A* V* Gude Lyman H a ll J . M. H igh D r. and Mrs* T* P . Hinrnan I r v i n g Subway G r a tin g Co* Inc* Edwin Johnson K* A. F o u n d a tio n C* L* King M em orial M alta Lodge Lona M ansfield E* P . MoBurney J* A* M cFarland T. E. M itchell G ayle Nimock M emorial Q uarterm aster M. R ich L* W. R o b e rt S co ttish R ite

$ 205.71
466.23 51.20
2 ,7 2 2 .2 0
100*70
129*28
517.16 517.16
1 0 ,9 3 2 .7 5
665. 4.7
433*86
4 ,4 9 3 -9 5 81.0*4
1,7214.51
886*06
205.72
1. 549.56
2,0L47.99
205.79 352.50
<43.69 88.00
13. 095.56
1 ,1 5 8 .1 9
831. 24 10,226 .49
102.92 43. 112.35
1*49.3*4
32, 909.147 50.00
101.96 1 , 101.67

18.72 50.71
2*49.50 1.00
12 .*48 56. 6*4 56.14
1,1*42.26
62.36
5.00 87.12
1*49.70
87.34
18.72 1*49.70
199.58
1.87 3 .7 5 *43.66
*4*48. 3*4 I I .25
81.08
146.39 12 .*48 1, 574.79 1.25
4 ,8 1 7 .9 5
.63 10.00

472.94
i+,000.00
12, 500.00 445.33
10, 132.09 830.02 50.00

- 98-

22*4 .*43
516.94 51.20 2, 971.70 101.70 1*41.76
573.80
573.30 11, 602.07
725.83
*438.86
581.07 81.0*4
1, 87*4.21 973.40
22*4 .*i*4
1, 699.26 2, 247.57
207.66 356.25
487.35 88.00
1,0*43.90
1 . 169.44 912.32
9, 927.55 115. *40
34, 554.25 150.59
36, 897 .*40
102.59
1 ,1 1 1 .6 7

V] f l
WW
jk
J

STUDENT LOAN FUNDS ( C o n t 'd ) Sam W. S m all T . W. S m ith J . P. Stevens J . M. T e r r e l l C lark Thornton M emorial E. A. Turner A rthur W illiam s E sta te M rs. Fannie B. W right Win. O tt A ls to n M em orial J . G. B osw ell M rs. T. 0 . M arshall TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance

B eg in n in g

Of Year

A dditions

* 101.95 273. 3O
5 ,5 3 0 .7 5 5,395*95
374.59 50.70 259.82
9 5 U .8 6
1 4 4 ,5 9 9 .6 4

.63 3 .1 2 1+7.00 7 9 .7 7 1+.38
8G+.03
I I .25
501+.13
i+,000.00 500.00
15, 454.72

$ 6 6 2 ,3 8 0 .9 3 96, 732.22

Fund B alance

End Of

D eductions

Year

21I+.39
4 ,7 4 0 .8 7
25O.OO
33, 636.44

IO2.58
2 7 6 .f+2
5. 363.36 734.85
378.97
50.70 813.85 966. l l
50+.13 i+,00 0 .0 0
500.00
126, 417.92

86,91+2.03 672, 171.12

fl *8
* h i*t B

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS F or Year Ended June 30 1950

R ate of In terest COMMON STOCK West P o in t Mfg. Co. S e r. No*. 7102-3-2+-5-6, 1,000 shares

D ate o f M aturity

Book V alu e

M arket V alu e

$ 5, 000.00 3 1 ,5 0 0 .0 0

PREFERRED STOCK G e o rg ia Power Company, No. AO11+392 3 Shares

4-1/275

# 300.00

338.25

CAMPUS REAL ESTATE
836 C h erry S t r e e t
81+6 C h e rry S t r e e t 850 C herry S tr e e t
856 C herry S t r e e t
866 Cherry S tre e t 870 C herry S tr e e t
876 C h e rry S t r e e t
880 Cherry S tr e e t 886 C herry S tr e e t 906 Cherry S tre e t
835 Plum S tr e e t
875 Plum S tr e e t 879 Plum S tr e e t
885 Plum S t r e e t 889 Plum S t r e e t
899 Plum S tr e e t 905 Plum S tr e e t
179 F ourth S tr e e t B usiness L ot, Corner N orth Avenue and H em phill Brown H a ll Cloudman H a ll H arriso n & Howell H a lls
TOTAL CAMPUS REAL ESTATE

3, 819.13 3. 819.13
3 .8 1 9 .1 3

3. 819.13 3. 819.13 3. 819.13

3.819.13 3.819.13

3 .8 1 9 .1 3 3 .8 1 9 .1 3 3 .8 1 9 .1 3

3 .8 1 9 .1 3
3. 819.13 3. 819.13

3.819.13 3.819.13

3 .8 1 9 .1 3
3 .8 1 9 .1 3
3. 819. u+ 3, 819. il* 3. 819. lit 3, 819. l i t

3 .8 1 9 .1 3
3. 819.13 3 819. l i t
3,819.U t
3 .8 1 9 .1 4
3 .8 1 9 .1 4

3 ,8 1 9 .lit
3 , 819. lit

3. 819.14 3. 819.14

3 .8 1 9 . Ht 3.819.14
15,088.60 15, 088.60

3 5 ,3 7 3 .8 5 35, 373.85

63,6it7.82 63,647.82

lt7,086.26 4 7 ,086.26 110, 659.01 110,659.01

336. 780.82 336, 780.82

- 99-

OFF CAMPUS REAL ESTATE Texas PropertyLots, Atlanta WGST Broadcasting Station
TOTAL OFF CAMPUS REAL ESTATE
GOVERNMENTAL BONDS
S e r i e s G No. V6331906 S e r i e s G - No, V63319I 6 S e r i e s G - No. V562U8O
S e r i e s G - No. MU837U72 S e r i e s G - No. MU837U73 S e r i e s G - No. MU8377U S e r ie s G - No. MU83775
S e r i e s G - No. M6953159 S e r i e s G - No. M69OI63U
S e r i e s G - No. C5289782
S e r i e s G - Nb. C5289783
S e r i e s G - No. C528978U
S e r ie s G - No. C5289785 S e r i e s F 1950 - No. U006
S e r i e s F 1950 - No. 15817 S e r i e s F 1950 - No. 15818 S e r i e s H 1950 - No. 599lU S e r i e s H 1950 - No. 8015 S e r i e s H 1950 - No. 8 0 l6 S e r i e s H 1950 - No. 8017 S e r i e s H 1950 - No. 8018 S e r i e s H 1950 - No. 8019 S e r i e s E 1950 - No. 8020 S e r i e s H 1950 - No. 8021 S e r ie s A 1951 - No. 10670 S e r i e s A 1951 * No. 10671
S e r ie s A 1951 - No. 19629 S e r i e s A 1951 No. 19630
S e rie s A 1951 - No. 3295 S e r ie s A 1951 * No. 2862 S e r i e s F No. Q1018UUU
S e r i e s F No. QIOI844.3
TOTAL GOVERNMENT BONDS
NOTES RECEIVABLE R eal E s ta te , 371 W ashington S tr e e t
OTHER Georgia Tech Bonds
TOTAL ENDOWMENT INVESTMENTS

R ate of In terest

D ate o f M aturity

2-1/2# 2-I/2# 2-I/2# 2-I/2# 2-1/2?. 2-I/2# 2-I/2# 2-I/2# 2-I/2# 2-I/2# 2- 1/2# 2-I/2# 2 - 1-2#
i-iA %
1-1A# 1-1A# 1-1/8# 1-1/8#
1 - 1/ 8%
1-1/8# 1-1/8# 1-1/8# 1-1/8# 1-1/8# 1-1/8# 1- 1/8# 1-1/8# 1-1/8# 1-1/8# 1-1/8#

3-1-60 3-1-60
7- 1-57 7- 1-58 7- 1-58 7- 1-58 7 - 1 -5 8 3-I-6O 3-1-60 3-I-6O 3-1-60 3-1-60 3-1-60 7- 1-50 7-I-5O 7-I-5O IO-I-5O IO-I-5O IO-I-5O IO-I-5O IO-I-5O IO-I-5O IO-I-5O IO-I-5O I-I-5I
I-I-5I I-I-5I I-I-5I I-I-5I I-I-5I 12-1-57
12- 1-57

2 -lA #

Book V alu e

M arket V alu e

75.599.10 150,000.00

2 , 9 8 0 ,3 1

2 ,980.31

U.9 1 5 .5 8 2 5 8 ,9 6 U.87

1 8 3 , 29I4-99 " U ll7 9 U 5 .8

$ UAoo.oo 1,550.00 5,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 100.00 100.00 100.00 100.00 5,000.00
10,000.00 10,000.00 10,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 10,000.00 10,000.00 1,000.00 1,000.00 1,000.00 5,000.00
25.00 25.00
$ 8 7 .U0 0 .0 0

U,Uoo.oo 1,550.00 5,000.00 1, 000.00 1 , 0 0 0 .0 0 1, 000.00 1, 000.00 1, 000.00 1, 000.00
1 0 0 .0 0
1 0 0 .0 0
1 0 0 .0 0
1 0 0 .0 0
5,000.00 10, 000.00 10, 000.00 10, 000.00 1, 000.00 1 , 000.00 1, 000.00 1, 000.00 1, 000.00 1, 000.00 1 , 0 0 0 .0 0 10, 000.00 10, 000.00 1, 000.00 1 , 000.00 1, 000.00 5,000.00
25.00 25.00 8 7 ,UOO.OO

$ 7 .U2 9 .U7

7 ,i^2 9 .Ii7

$ 3 *8 5 0 .0 0 1521*. 055.28

3,927.00 879,320.72

DETAIL OF LOAN FUNDS - INVESTMENTS F or Year Ended Ju n e 30 1950

GOVERNMENTAL BONDS
S e r i e s G - No. V633I 886 S e r i e s G - No. V63303U6 S e r ie s G - No. V6331906

2-1/2# 2-I/2# 2-I/2#
- 100-

3-1-60 3-1-60 3-I-60

$ 5*000.00 5,000.00 60O.OO

5,000.00 5,000.00
6OO.OO

MH >J i#i
B il

GOVERNMENTAL BONDS (C ont*d) S e r ie s G - No* V6331916 TOTAL GOVERNMENTAL BONDS
NOTES RECEIVABLE Student Loans
OTHER G eorgia Tech Bonds C ity of M arie tta S e r ia l 38*39 TOTAL OTHER
TOTAL LOAN INVESTMENTS

Rate of In te re s t
2- 1/ 2$

Date o f M aturity
5- 1/60

2-1/1+$ 5$

Book V a lu e
1 3, 1+50.00 $ ll+,050.00

Market V alu e
3, 1+50.00 li+ ,050.00

$ 1 2 ,1 3 2 .8 5 12, 132.85

$ 51, 150.00 5 2 ,1 7 3 .0 0 2, 000.00 2, 000.00
53, 150.00 " 5^+, 173.00
1 79. 532.85 8 0 ,3 5 5 .8 5

CURRENT FUNDS G eneral R estricted A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST PUNDS Endowment Loan TOTAL TRUST FUNDS
PLANT FUNDS
TOTAL

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1950

Cash Balance J u l y 1, 191+9

R e c e ip ts D isb u rsem en ts Cash B alance

For Year

For Year June 30, 1950

1 -3 8 ,1 1 6 .7 2
18,14+2.95 26,1+61+.1+1+
6, 790.67

1+, 136, 221.23 lll+ , 858.67
2,01+6,659.53 6,297,739.1+3

1+,166,523.75. - 68, 1+19. 21+ 1 0 1,322.73 31, 978.89
1 ,6 2 7 ,1+31+.1+8 14+5, 689.1+9 5 ,8 9 5 ,2 8 0 .9 6 " 1+09, 21+9 . 11+

$ 65, 966.19 1 ,3 3 0 ,1 5 8 .6 5 1 ,2 7 0 ,5 9 8 .3 8 125, 526.1+6

* 35,882.07 i+9,l+5l+.2l+
1 85, 336.31

li+5, 1+06.22
25,809.27
171,215.1+9

159,590.37 27,14+0.27
187,030.61+

21, 697.92
1+7,823.21+
69, 521.16

$297, 866.06 9 2 2 ,0 5 3 .5 7 91+8,209.99 271,709.61+

1*55. 9 .23 8,721,167.11+ 8 ,3 0 1 ,1 1 9 .9 7 876,006.1+0

A ] A.

N IV C ^.

- 101-

LIBRARIES

4'V

OF GEOR^hs

WGST - THE GEORGIA TECH STATION
BALANCE SHEET June 30# 1950
ASSETS
Cash Accrued Assets Aocounts Receivable (less reserve $2,200.00) Fund for Post-War Improvements of Station Equipment FUrniture, Fixtures, etc. Property at Jasper, Georgia Deferred Charges
TOTAL
LIABILITIES
Accounts Payable Aoorued Accounts - Salaries Contractual Aoorued Audit Fees Reserve for*
Depreciation of Plant, etc. Post-War Improvements of Station Earned Surplus TOTAL
STATEMENT OF INCOME AND EXPENSES For Year Ended June 30# 1950
Sales: Network Local National TOTAL
Deduct * Agency Commissions Adjustments and Allowances TOTAL
Net Sales
Expenses Engineering Studio Selling Administrative TOTAL
Operating Profit
Other Income and Charges (net)
NET INCOME

$ 50,096.81 5 ,7 7 5 .0 0
1*5,561.71* 5 0 .7 2 8 .7 1 15 5 ,5 8 8 .7 6 11,000.00
1,9214.18 $320,675.20
$ 7 , 280 .8 3 265.16
7,000.00 750.00
U6 ,U iU .3U 50, 7 2 8 .7 1 208,236.16 $32o, ?'$7 SS
$ 23,582.68 2i i ,Ui 7 .7 2 7 8 , 235.67
* 313. 2 3 ^.0 7
$ 214,1142.11 1, 9 6 8 .5 9
$ 26,110.70
* 287, 125.37
$ 83, 250 .9 0 7U ,53l4.ll* 55. 82U.U7 50,720.82
I 26U.3 3 0 .3 3
$ 22. 7 9 5 . 0U
* 3 .U5 5 .3 1
$ 26, 2 5 0 .3 5

Note: only. Information
other staternents

- 102-

ed fo r inform ation not included in

>A
.I
Tj t
I >1 *1 i 11
Vp
t V
V 'll
WM if 1
u iA
if
J*
1 1
- >-

# fr , As
-fa 1
* y
AM * fl
id + -a

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1950

Cash B alance R e c e ip ts D isbursem ents Cash B a l.
J u ly 1, 19149 For Year For Year June 30, 30

T uition D eposits Cheoks fo r Cash F ed eral Loan Funds Student A c tiv itie s S tudent Bank T uition D eposit, Tech. I n s titu te Teacher R etirem ent W ithholding W ithholding Tax C o lle c tio n s R esearch G rant #RG 261+ G eorgia Tech F ly in g Club Ga. Tech Alumni F o u n d atio n , Oak Ridge Lock and Key D e p o sit Ga. Tech E vening S c h o o l, F low er Rand Dean S k ile s Fund S tudent C ounoil Rind
Cap and Gown D e p o s its , S p rin g 1950 S ecu rity D eposits, Apartments E xt. D iv ., Short Courses A Conferences Student L ectures A Concerts Heisman Fund
1928 M em orial Window A rc h ite c tu ra l S o ciety Fund F rank Roman Rand
Tech I n s t , S tudent A c tiv itie s
R eg istratio n Fees, Bus. O fficers Conferences Band U niform s P o rto Rioo Fund
S tu d en t Union B u ild in g Fund
Held in T r u s t - Owen L i l l y , J r . Held in T ru s t - C arl W illia m s, J r . ,
Boy and G i r l o f Y r. S ch. Manget Found. School, E. J . W illis T e x tile Day Committee M ilita ry Uniform T ru st Account
T u itio n D e p o sits F a ll I 9I+9
Tech I n s t i t u t e F low er Rand
Tech I n s t i t u t e R ing D e p o s its , Comm. G eorgia Tech F a c u lty Club
Extension D ivision T uition D eposit
E . P . Maxim C la ss o f 191+9 L ib r a r y - B u ild in g Fund
Abid E l- J a d ir S ch o la rsh ip
Ben L . S is k I 9I+9 Band Rand
Georgia Tech Student Counoil Parking Fines
T u itio n D e p o sits - W in te r I 95O
T u itio n D eposits - S pring 1950 Rich's A rc h ite c tu ra l P rise s
N ational I n s titu te o f H ealth Grant #2072 N ational I n s titu te o f H ealth Grant #2086 S tudent Purohase Cards
T u itio n D e p o sits - F a l l I950
Bass H igh S chool S ch . - Wa. E . Simpson

# 2, 750.00 +59.67 325.29
26,688.81+ 282.50
7,1+53*81 356.17
1,175.08
30.00
373.55 89.21+
2,1+97.75 1+67.05 83.72
3.60 60.00
29.73
.62 - 3, 310. 1+0
1+12.85 21+.00
11,973.12
12, 1+50.00
3.00
1, 025.00
li+.OO 250.00

75.00 2 ,0 7 2 .5 5 13,969.76 179,9l+l+.5l+ 5l+7,OOl+. 59
1, 060.02 61, 351.28
288,658.71+
11.00 1 ,0 0 0 .0 0 2,713.1+5
865. 1+0
351.1+2 51+7.50
1, 250.00 1, 252.50
5 ,8 7 0 .7 5
558.00
ll+, 8l+i+. 57 2, 219.50
78I+.12
1 ,5 5 8 .6 0
150.00 31+1+.00 1, 132.00
53,922.01+
11, 1+50.00
187.30 5,l+7l+.86
75.00
5.00
3, 000.00
8l+,9 7 1 .9 7 295.00 250.00 75.00
150.00
11,880.00 971.00 566.00
8 ,6 2 5 .0 0 100.00

2, 825.00
2 ,0 7 2 .5 5 ll + ,1429.1+3 17l+,222.83 537,382.1+1+
952.52
61, 351.28 288, 658. 71+
7,1+53.81 367.17
1 ,0 0 0 .0 0 2 ,5 5 0 .0 0
828.81 1+1+0.66
6 .2 0 1 ,3 5 3 .9 0
1, 260.95
1+,812.57 3.60
29.73 .62
12, 131. 21+
2 ,2 1 9 .5 0 1+12.85 781+.12 21+.00
1,558.60

6,01+5.00
36, 310.99 390.00
1,338.53
30.00
l+io. ll+
51+1.30 2, 393.85
1+58.60
1,11+1.90
618.00
-597.07

150.00
31+1+.00
1, 132.00
25,381.76 2 3 ,9 0 0 .0 0
100.39 +,631.11
3.00 1 ,1 0 0 .0 0

1+0,513.1+0
86.91
81+3.75

2 ,5 7 1 .3 5 250.00
73,713.1+7
250.00 75.00
I 5O.OO 3, 1+6!+. 56
218.62 100.00 100.00

19.00
1+28.65
11,258.50 295.00
8,1+15.1+1+ 971.00 31+7.38
8, 525.00

-103-

Cash Balance Receipts Disbursements Cash Bail." ' July 1, 19U9 For Year____ For Year June 30 *50

Knight Templar Ed. Foundation Loan

J. W. Ford, Jr.

#

Tuition Deposits - Summer 1950

Knight Templar Ed. Foundation Loan

Robert D. Warren

TF. A. Alexander Fund

Ga. Tech Glee Club Fund

Evening School Tuition Deposit - Summer 1950

Insurance Dividend

Georgia Tech Faculty Club

Held in Trust - Flavio E. Bendix

200.00 125.00
i+oo.oo 1+5*00 250.00 i+,00l+.25 12,951.22 31*1.72 25+.00

200.00 50.00
1+00.00
12,951.22 228.78

75*00
1+5.00 250.00 i+,00i+.25 112.9l+ 251+.00

TOTAL AGENCY FUNDS

#65,966.19 1,530,158.65 1.270, 8.38 125,526.1+6

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1950

City of Atlanta & Fulton County Research Additions Bond Sinking Fund Garage & Warehouse F*WA Projects Sale & Purchase of Real Estate FWA Project NP-25 Rehabilitation Projeots Supersonic Wind Tunnel Brown Dormitory Dining Hall Additions Fire Account Library Building Plans Presidents Home - Mion Industrial Engineering Laboratory Textile Building Callaway ^inking Fund YMCA Property Hinman Research Building Physics Department Rehabilitation Chemistry Department Equipment Conversion of A. French Building Bradley Building Hangar Type Aroh. Building Presidents Home Furnishings Navy Base Buildings Mathematics Department Fraternity Housing Plans Smith Dormitory Furniture Trust Fund Debt Service Modern Language Building Planning & Construction
TOTALS Investm ents

B alan ce

D isburse-

B alan ce

J u ly 1, 191+9 R e c e ip ts

m ents T r a n s f e r s June 3 0 , *50

# 1+1, 006.16
2,8l+l+.l+0

50, 000.00

382,,2611*61..19+90

52,761+. 17 228,00

153 ,0 3 6 .3 0 178,181+.27 155,11+2.50

176,078.07

1,157*1+6
5 ,1 2 3 .2 0
2,91+1.91 1+, 812*50
50, 661.77

5, 867.03
10,000.00

1,157.1+6
11, 766.29
3 ,5 9 2 .5 0 61,1+57.18

5, 123.20
-2 ,9 5 7 .3 5
- 958.81

1 ,2 2 0 .0 0
163. 1+0

51,953.56

3,81+3.69

1+8,109.87

-100.00
5, 81I+.56 8, 563.72 6, 778.07
500.00

100.00 1,680.39
10,939.00

3 ,0 3 8 .8 3 8 ,5 9 2 .1 9

8, 563.72

U.I+56. I 2
9,12l+.88
500.00

15, 000.00
7 1 ,8 1 7 .7 8 1 ,7 3 3 .0 5

2, 379.00
5, 291.35 19, 383.00 330, 858.67 22, 757.13

12,503.1+3 71*. 1 9 6.78
19,71+7.80 21+7,569.1+1
22,757.13

2, 1*96.57

- 36I+.8O

7,02l+.l+0 8 3 ,2 8 9 .2 6

8,1*87.55 8,1*87.55

l+899*36 1 0 ,0 9 0 .5 1 -5 ,1 9 1 .1 5

56, 688.08 1+,903.91

51,781+.17

5,087.29 5,087.29
11, 965. 1+6 6,1*1+9.53

5,515.93

U.85U.55 2 ,2 1 7 .8 8
5, 000.00 10, 16I+.06

I t, 851*. 55 2 ,2 1 7 .8 8
1+90.35
10, 16I+.06

1+, 5 0 9 .6 5

38, 398.98 3 8 ,3 9 8 .9 8

l+,2ll+.8l +,2ll+.81
11, 072. 11+ 11, 072. 11+

#1+23,61+1+.1+1+ 796, 275.19 772, 655. 11*
-1 2 5 ,7 7 8 .3 8 125,778.38 175,55l+. 85

l+l+7261+.l+9
- 175. 55M 5

TOTAL

#297, 866.06 922, 053.57 91+8,209.99

271, 709. 61*

-104-

49
m . i
1
l l ifk *
1
1
1 M a i m V* if
J ,
9 4*

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30# 1950

BALANCE, BEGINNING OF YEAH ADDITIONS*
G ifts and G rants S. P rice G ilbert Ga. Tech Research I n s itu te Bradley Foundation Ga Tech YMCA Kappa Alpha E ducational Foundation F lo re n c e Hand Hinman E s ta te TOTAL GIFTS & GRANTS
E arnings on Investm ent Int on Temporary Investm ents

Funds fo r P la n t Debt

A dditions

S e rv ic e

2 6 8 ,8 7 5 .0 9 15u .769.35

T o tal U23,61iU.^U

10,689,00 12,000.00
50, 000.00
19.383.00
250.00
137.108.67
2 29.U 30.67

10,689.00 12,000.00
50, 000.00
19.383.00
250.00
137,108.67
229,^30.67

281,25

596.62

877.87

Governmental A p p ropriations C ity of A tlanta F u lton County
TOTAL GOVERNMENTAL APPROPRIATIONS
T ran sfer from G eneral Funds Planning & C onstruction R ehabilitation Projects P hysics Dept R e h a b ilita tio n Chem istry Department Equipment Conversion of T ex tile B uilding M athematics Department Hightower - T e x tile B uilding Hangar Type A rc h ite c tu re B u ild in g P r e s i d e n t 's Home Bradley B uilding Navy Base B u ild in g s Hinman B u ild in g P lans fo r F ra te r n ity Housing TOTAL TRANSFERRED FROM GENERAL FUNDS

25, 000.00 25, 000.00
50, 000.00
ll,0 7 2 .lU
10, 000.00
22,757.13 8,1487.55
U ,899.36 2, 217.88
2 ,0 9 7 .7 5 5.087.29
l l . 965.U6 U ,500.00 1+ .85U.55
181,750.00
5, 000.00 27U .689.11

25, 000.00 25, 000.00 50, 000.00
11,072.1U
10, 000.00
22,757.13 8.1*87.55
U ,899.36 2, 217.88 2, 097.75
5,087.29 1 1 ,9 6 5 .U6
U ,500.00
U ,85U .55 181,750.00
5, 000.00
2 7 U ,6 8 9 .1 1

T ra n s fe r from A u x ilia r y FUnds Bond S in k in g Fund Callaway No. 1 Sinking Fund Smith Dorm itory F u rn itu re Howell Dorm itory H arrison Dormitory Brown D orm itory Cloudman D orm itory Bradley B uilding Dining H all A ddition R esidential Property TOTAL TRANSFER FROM AUXILIARY
Loan from Endowment Funds Brown D orm itory
Sale of P roperty Lot, Fowler & S ixth S tre e t
TOTAL ADDITIONS

10, l 6U.06
2 ,1 8 8 .0 8 1,680.39 2 ,3 6 7 .0 3 16,399.56

177. 5s7.65
5 .2 9 1 .3 5
6 ,1 3 U .0 3 8,0U9*02 1,591.20
3. 531.1*7
19.093.26 221,277.98

177. 587.65
5,291.35
10, l 6U.06
6 ,1 3 U .0 3 8,CU9*02 1,591.20 3.5 3 1 .U 7 2 ,1 8 8 .0 8
1,680.39
21,U60.29
237.677.51*

100.00

100.00

3. 500.00 57U.U00.59

2 2 1 ,8 7 U .6 0

3, 500.00 796, 275.19

DEDUCTIONS* Expended fo r P la n t A dditions Land L ot, 297 8th S tr e e t L ot, Poirier A Third S tre e ts YMCA Farm TOTAL LAND
B uildings A dditions to B uildings 3 H ouses, YMCA Farm Modern Language B u ild in g Classroom B uilding - P lans A eronautics B uilding Dining H all A ddition A* F rench B u ild in g L ibrary B uilding Plans Bradley B uilding Hinman R esearch B u ild in g Hightower T e x tile B uilding Physics B uilding Old Shop B u ild in g Hangar Type A rc h ite c tu re B uilding
TOTAL BUILDINGS

funds fo r P lan t Debt

A dditions

S e rv ic e

-------------- 1

T o tal

* 3. 731.99
7#500.00 1 5 .2 U 7 .8 0 * 26,1*79.79
! U .500.00 U .21U.81 3. 592.50 5, 000.00
3 ,0 3 8 .8 3 12,268.03
8 ,5 9 2 .1 9
u , 903.91
255,217.97
7U, 196.78
17,070.22
2, 217.88
5,087.29 $399,900.1+1

3,731-99 7 ,5 0 0 .0 0 1 5 .2 U 7 .8 0
26, 1*79.79
U, 500.00
U.21U.81 5 ,5 9 2 .5 0
5, 000.00
3,038.83
12, 268.03 8, 592*19 U ,903.91 255, 217.97 7U, 196.78 17, 070.22 2, 217.88
5,087.29 399,900.1+1

Improvements O ther th an B uildings

L ig h tin g System S tre e ts , Sidew alks, Fences, etc* W ater and Gas Mains

25. 1*95.71
11,522.17
536.OO

TOTAL ADDITIONS OTHER THAN BUILDINGS $ 377553.88

25, 1*95.71
11,522.17
536.OO 37, 553.88

E quipm ent P hysics Department Smith Dorm itory C hem istry Department S u p erso n ic Wind Tunnel P r e s i d e n t 's Heme Research B uilding Auditorium Chairs T ables and Bookcases In d u s tria l Eng. L aboratory O ther TOTAL EQUIPMENT
TOTAL EXPENDED FOR PLANT ADDITIONS
Indebtedness R etired Bonds R e tire d T ru st Funds H arrison Dormitory Howell D orm itory R ental Property

$ 5, 686.91 10, 16U.06
8 ,U 8 7 .5 5 3 .S U 3 .6 9 6.UU9.53 2,6l6.U 0 5 .3 U 9 .0 0 10,000.00
12, 50? .1*3
l,l5 0 .iU
$ 66, 250.71
$ 5 3 0 ,1 8 U .7 9

5, 686.91 10, l 6U.06
8,1*87.55 3,81*3.69
6.UU9.53 2,6l6.U 0 5 .3 U 9 .0 0 10,000.00 1 2 ,5 0 3 .U 3
i , 150.iU 66, 250.71
530,181* .79

90, 000.00 5, 031. 1*9 3, 775.60
1U .857.10

9 0 ,0 0 0 .0 0
5 .0 3 1 .U 9 3 ,7 7 5 .6 o
iU,857. io

TOTAL INDEBTEDNESS RETIRED

113.66U .19 113. 66U.19

-106

ml
1
ft .4X l
/W

DEDUCTIONS* (Cont*d) Other Deductions Interest on Indebtedness Bonds Trust Funds Harrison Dormitory Howell Dormitory Brown Dormitory Cloudman Dormitory Rental Property TOTAL INTEREST
Other Expenditures Not Capitalized Miscellaneous Plans Landscaping Property Surveys, etc. Various Repairs, etc. Repairs to Navy Buildings Plans for Fraternity Housing TOTAL OTHER
Transfer to General Funds
TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

FUnds for Plant Debt

Additions

Service

Total



65,11+2.50 6 5 , 11+2 .5 0

3 . 017.53 2 , 358.1+3 1,591.20 3 , 531.1+7 +,236.16
7 9 , 877.29

3, 017.53 2 , 3 5 8 .1+3 1,591.20 3 , 531.1+7 1+, 236.16
79, 877.29

1,21+6.06 7 , 21+8 .5 0
531+.30
33, 397.65 i+,85 l+ .5 5
1+9 0 .3 5 t U7 .7 7 1 .U1
1, 157.1+6
1+8, 928 .8 7
579. 1 1 5 .6 6
261+, 1 6 2.02

7 9 , 877.29 193, 51+1 .1+8 183, 102.1+7

1,21+6.06 7 , 21+8 .5 0
531+.30
33. 397.65 1+.851+.55
I+90.35 1+7 , 7 7 1 .1+1
1, 157.1+6
128, 806.16
772.655.iit
1+1+7 , 261+.1+9

VALUE OF PLANT, JULY 1, 191+9

SUMMARY OF INVESTMENT IN PLANT As of June 30 1950

li+,766,329.51

ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Adjustments for Prior Years TOTAL ADDITIONS
VALUE OF PLANT, JULY 1, 191+9 PLUS ADDITIONS
DEDUCTIONS DURING YEAR Land Sold Adjustments Prior Years
VALUE OF PLANT, JUNE 30, 1950
DEDUCT: PLANT INDEBTEDNESS Bonds Outstanding Due Endowment Funds
INVESTMENT IN PLANT, June 30, 1950
-107-

$ 530,18i+.79 278, 560.1+2

8 ,5 7 9 .3 1
657,871.01

1,1+75,195.53 y
|l6,2i|l,525.Q l+

3500,00 __ 67,869.1+7

71,3690+7

16,170,155.57

2,785.000.00 301,1+06.97

3 , 086,1+0 6 .9 7 13,0 8 3 ,71+8 .6 0

A. LAND Campus Off-Campus - W illeo Farm
TOTAL LAND

STATEMENT OF INVESTMENT IN PLANT

For Year Ended June 30, 1950

M1

Investm ent

Investm ent

B eginning

End

Of Year

A d d itio n s D eductions Of Year

$ 1, 2214,1+85.01 1 1 ,2 3 1 .9 9 3, 500.00 1, 232, 217.00

3 ,7 0 0 .0 0 15, 21*7.80

18, 91*7.80



$ 1, 228, 185.01 26,1+79.79 3, 500.00 1, 251, 16I+. 80

B. BUILDINGS A dm inistration
Knowles Guggenheim A ero n au tics A e ro n a u tic s Shop A eronautics O ffice

$ 70, 000.00 50, 000.00 93*000.00 2, 000.00 1, 000.00

688 Cherry S tre e t - Arch.
70I4 C herry S t r e e t - A rch.

1,800.00 1 ,8 0 0 .0 0

708 Cherry S tre e t - Arch.

1,800.00

712 Cherry S tre e t - Arch.

1 ,8 0 0 .0 0

6 6 l Plum S tr e e t - A rch.

1,800.00

Hangar Type Arch. B u ild in g
639-I4.3 H em phill Ave. - A rch.
Ceramic E ngineering
C iv il Engineering

3, 600.00 1+9, 000.00 155, 000.00

E le c trio a l Engineering E le c tro n ic s Research (Temp.) E n g in ee rin g , Drawing, and M echanics

f+5, 000.00 2, 000.00
173, 000.00

287 Ponce de Leon - In d . E n g in eerin g

1 ,8 0 0 .0 0

278 Ponce de Leon - E ngr. Dean M echanical Engineering M echanical E ngineering (Temp.)

1,800.00
210, 000.00 1, 500.00

273 Ponce de Leon - M echanioal Engineeiring 1 ,800.00

680 Cherry S tre e t - S afety Engineering

1,800.00

Hightower T e x tile B uilding

1, 021, 31+3.80

Old Shop B u ild in g

58,000.00

Old Shop Annex 272 T hird S tr e e t - E l e c tr ic a l Shop Lyman H a ll - C hem istry Chem. E n g in e e rin g - Temp. C hem istry Annex

2 ,0 0 0 .0 0
1, 500.00 155, 000.00
h , 200.00 50, 000.00

C hem istry Annex - Temp. Physios B uilding

l+,200.00
163, 000.00

Ponce de Leon - Psychology

1 ,8 0 0 .0 0

M ilitary R ifle Range
718 C herry S t r e e t - M i l it a r y 73+ C h erry S tr e e t - A ir Force Headquarite r s

10,000.00
3, 000.00
1,800.00
2, 500.00

L ibrary B uilding Plans

Classroom B uilding Plans 716 C h erry S t r e e t - Hq. ROTC.

1+, 500.00

N aval Armory

102,000.00

A. French B uilding Modern Language E ngineering Experiment S ta tio n C alculator B uilding

53,000.00
12, 500.00 9l+, 000.00 92, 396.32

719 C herry S tr e e t - R esearch Annex No. 2

1,800.00

5, 000.00
5,087.29
7i+, 196.78 2, 217.88 17, 070.22 8, 592.19 3, 592.50 12, 268.03
l+,2ll+.81 (3 7 ,1 0 3 .6 8 )

70, 000.00 50, 000.00 98, 000.00 2, 000.00 1, 000.00

1,800.00

1,800.00 1,800.00

1,800.00

1,800.00

5,087.29
3, 600.00 1+9, 000.00 155, 000.00 1+5, 000.00
2, 000.00 173, 000.00

1,800.00

1,800.00
210, 000.00 1, 500.00

1,800.00

1,800.00 1 ,0 9 5 ,5U0.58



60, 217.88
2,000.00

bm

1, 500.00

155, 000.00

I+, 20 0 .0 0
50, 000.00

1+, 2 0 0 .0 0

180,070.22

1,800.00

10,000.00

3, 000.00

1 ,8 0 0 .0 0

ft?

2, 500.00

8,592.19

3, 592.50

k

1+, 500.00

102,000.00

70,268.03
l6 ,7 ll+ .8 1
9l+,ooo.oo 130, 000.00

1 ,8 0 0 .0 0

-108-

yJ k

Investm ent

Investm ent

Beginning

End

Of Year

A dditions D eductions

Of Year

BUILDINGS (C o n t'd ) 713 Cherry S tr e e t, Photo L aboratory $ 709 C h erry S t r e e t , R esea rch Annex No* 1+
W hite Frame House - R esearch No. 1 Aluminum B u ild in g - R esearch C rystal A so illato r Laboratory
R esearch Annex No. 3

1,800.00
1,800.00
3, 000.00 900.00 500.00
2, 500.00

1,800.00 1 ,8 0 0 .0 0
3, 000.00 900.00 500.00
2, 500.00

Hinman R esearo h B u ild in g

665 Plum S t r e e t - H o te l Adm.
Swann

1,800.00
50, 000.00

283 Ponce de Leon - E x t. D iv isio n A u d ito riu m Gym. Power P la n t Pump S ta t io n P o st O ffic e & S to c k Room

1,800.00
266, 000.00 21+1, 000.00
1, 000.00 5, 000.00

Garage and Warehouse

11,1+17.67

Greenhouse - B o ile r House Greenhouse

800.00
1, 000.00

268 Ponce de Leon - V eteran s Guidance

1,800.00

277 Ponce de Leon - V eteran s Guidance

1,800.00

69I4. C herry S t r e e t - P la n n in g <fe C o n s tr u c tio n 1 ,8 0 0 .0 0

L ib ra ry

31, 000.00

H ospital

27, 000.00

YMCA

70, 000.00

W ille o Farm - 3 Room House

1+, 500.00

W illeo Farm - 3 H ouses @ $ 1 ,5 0 0 .0 0 W ille o Farm - 3 Room House W illeo Farm Barn W illeo Farm O uthouse Crenshaw F ie ld House A th letic O ffice B uilding Rose Bowl S to ra g e Room P re s i d e n t 1s Home 20l+ N orth Avenue - D r. B r i t t a i n R ear - 20l+ N orth Avenue Brown D orm itory Cloudman D orm itory H arris Dorm itory
H arrison Dormitory Howell Dorm itory

2, 250.00 900.00 150.00
15, 000.00 70, 000.00
1, 500.00 90, 000.00 11, 700.00
500.00 58, 000.00 77, 000.00 71, 000.00 152, 000.00 137, 200.00

G lenn, Sm ith Sc Towers D o rm ito rie s Burge A partm ents

1,595,835.03 683,71*2.20

255,217.97
1+, 500.00
(1 2 ,7 9 1 .5 5 )

255,217.97 1,800.00
50, 000.00
1 ,8 0 0 .0 0
266, 000.00 21+1, 000.00
1, 000.00 5, 000.00 11, 1+17.67
800.00
1, 000,00
1 ,8 0 0 .0 0
1,800.00
1,800.00
31, 000.00 27, 000.00 70, 000.00 i+, 500.00 1+, 500.00 2, 250.00
900.00 150.00 15, 000.00 70, 000.00 1, 500.00
102,791.55
11, 700.00 500.00
58, 000.00 77, 000.00 71, 000.00 152, 000.00 137, 200.00 1, 595, 835.03
683,71+2.20

Callaway Apartments B ritta in Dining H all * A dditions

l,329,5!+3.95 189,11+7.00

3 ,0 3 8 .8 3

1,329,5U 3.95
192,1 8 5 .8 3

B o ile r House - D ining H all

1,000.00

1,000.00

S to r e & Locker Room - D in in g H a ll Bradley B uilding 153 F o u rth S tr e e t - R e n ta l
I 67 F o u rth S t r e e t - R e n ta l
179 F o u rth S tr e e t - R en tal Rear - 179 l+th S tr e e t -- Garage Apartm ent 313 Fourth S tr e e t - R en tal 317 Fourth S tr e e t - R ental 323 F ourth S tr e e t - R en tal
259 F i f t h S t r e e t - R e n ta l
260 F ifth S tre e t - R ental

2,000.00
1+, 500.00 3, 500.00 13, 500.00
1,000.00
2, 250.00 3, 600.00 3, 600.00 3, 600.00 3, 600.00

14,903.91

2 ,0 0 0 .0 0
1+,9 0 3 .9 1 i+, 500.00 3, 500.00 13, 500.00
1,000.00
2, 250.00 3, 600.00 3, 600.00 3, 600.00 3, 600.00

-109

buildings (C ont*d)
269 F if t h S t r e e t - R e n ta l 276 F if t h S tr e e t - R e n ta l
286 F ifth S tre e t - R ental
296 F if th S t r e e t - R e n ta l
311 F ifth S tre e t - R ental 259 Eighth S tre e t - R ental
29I1 T enth S t r e e t - R e n ta l
7li+ Techwood - R en tal 737 Techwood - R en tal 792 Techwood - R en ta l 682 Plum S tr e e t - R e n ta l (2 ) 835 Plum S tr e e t - R e n ta l 875 Plum S tr e e t - R en tal 879 Plum S tr e e t - R e n ta l
885 Plum S t r e e t - R en tal 889 Plum S t r e e t - R e n ta l 899 Plum S t r e e t - R e n ta l
905 Plum S tr e e t - R en tal
836 C herry S t r e e t - R e n ta l
81+6 C herry S t r e e t - R e n ta l
85O C herry S t r e e t - R e n ta l 856 C h erry S t r e e t - R e n ta l
866 Cherry S tre e t - R ental 870 C herry S tr e e t - R en tal
876 C h erry S t r e e t - R e n ta l
880 Cherry S tre e t - R ental 886 Cherry S tr e e t - R ental 906 Cherry S tre e t - R ental
889 A t l a n t i c D riv e - R e n ta l
TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Rose Bowl S tan d s Tennis Courts Grant F ie ld Steam & E le c tr ic System Sidew alks, S tre e ts , Fences, e tc .
W ater System
TOTAL IMP. OTHER THAN BLDGS.
D. EQUIPMENT A dm inistrative O ffice
Physioal Plant
L ib ra ry H ospital
In s tru c tio n a l Departments
Organized Research

Investm ent B eg in n in g
Of Year
$ 3, 600.00 3, 600.00 3, 600.00 3, 600.00 3, 600.00 8, 000.00 , 500.00 , 500.00 15, 000.00 , 500.00 2, 000.00 , 000.00 , 000.00 , 000.00 , 000.00 , 000.00 , 000.00 , 000.00 , 000.00
h , 000.00
, 000.00 , 000.00 ,000.00 ,000.00 ,000.00 ,000.00 4 ,000.00 ,000.00 1, 500.00 $ 8, 097, 175.97

Investm ent End
A d d itio n s D eductions1 Of Year

1^9,795.61+

3, 600.00 3, 600.00 3, 600.00 3, 600.00 3, 600.00 8, 000.00 i+,500.00 , 500.00 15, 000.00 , 500.00 2, 000.00 , 000.00 , 000.00 , 000.00
,0 0 0 .0 0
,0 0 0 .0 0 ,0 0 0 .0 0
,0 0 0 .0 0 ,0 0 0 .0 0
,0 0 0 .0 0 ,0 0 0 .0 0
,0 0 0 .0 0
,000.00 ,000.00 ,000.00 ,000.00 ,000.00 ,000.00 1, 500.00 8^ 6, 971.61

$ 70, 000.00
(6.1428.1*5
9^7 , 2 9 5.03 201, 365.92
$ 1,265,089.1+0

25.1(95.71 11,522.17 (183,63l+.08)
536.00 (115,000.00)
336,187.96

70, 000.00 6, 28.5 9 7, 295.03 226, 861.63 195. 156.25
115, 536.00
1, 601, 277.36

$ 83, 699.83 611, 067.66 509, 1+61.00
20,811.19
1 ,9 2 5 ,2 0 7 .3 5
1+65, 1+66.66

10,11+6.87 <5,959-71) lU ,080.87 (2 ,2 9 9 .6 5 ) l , 1+39.81 38,1+13.69
1, 1*13.68
(149U.75) 193.093.29 (20l(,727.92)
35.392.lU
(U 7 .oU 7.55)

97, 806^1 627, 8 .18 515^ 87.12 22, 719.62 2, 323, 028.56 57, 906.35

-no-

49 EQUIPMENT (Cont'd) Extension Division Apartments Dormitories

Dining Halls

it

College Inn

President's Home

Teohnioal Institute

TOTAL EQUIPMENT

Investment Beginning Of Year
17,622.36 91,9*0.32 115,792.50
82,90*4.23 87,169.27
I6U.727.76
1,175,879.TT

In ve stment End
Additions Deductions Of Year

2,573.15 2,72 5.0 1

l,l7U.i.23

66.53

10,583*93
(15,953.83) 5,158.23 659.62 1, 826.98 26, 02*4.62

6,J4I+9 53 (30,778.00)

27,057.75 6*4,080.29)

'562,732.1*4 67,869.47

,17 1470.148
93,057.02
1*42,330.26
87,*422.8*4 62,971.63 37,227.53
195,865.80 __________ *4,770.7*41.80



TOTAL INVESTMENT IN PLANT

1*4,766,3 2 9 .51 1,*475,195.53 71,369.*47 16 ,170,15 5 .5 7

Note* Amounts enclosed in parentheses represent adjustments for prior years.

PROPERTY UNDER LEASE For Year Ended June 30, 1950

NAVY BASE Building No. 8 Building No. 9 Building No. 10A Building No. 11 Building No. 12 Building No. 13 Building No. 17 Building No. 19 Building No. 20 Building No. 2*4 Gymnasium

150,000.00
198,000.00 33.900.00
79.800.00
79.800.00
79.800.00 121,100.00 171,000.00 171,000.00 135,500.00 100,000.00

TECHWOOD DORMITORY

250,000.00

LAWSON APARTMENTS

1 ,2 00,000.00

TOTAL BUILDINGS UNDER LEASE

2,5 7 1 ,900.00 198,000.00

150 .000.

00

1 9 8 .000.

00

3 3 .9 0 0 .0 0

79.800.00

7 9 .8 0 0 .0 0

79,800.00

121,100.00

171.000.

00

171.000. 00

135,500.00

100. 000.

00

250,000.00

1 ,200,0 0 0 .0 0

2 ,769,900.00

-111-

M E D I C A L C O L L E G E OF G E O R G I A FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 3 0 , I 95O
Medical College of Georgia Augusta, Georgia
- 113-

I. CURRENT FUNDS A. GENERAL Cash on hand and in Bank Accounts Receivable Due from Auxiliary Funds TOTAL GENERAL FUNDS
B. RESTRICTED Cash on hand and in Bank TOTAL RESTRICTED FUNDS
C. AUXILIARY Cash on hand and in Bank Stores TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on hand and in Bank
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Cash on hand and in Banks Due from Auxiliary Funds
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash on hand and in Banks Student Notes Receivable Investments - U. S. Securities
TOTAL STUDENT LOAN FUNDS
V. PHYSICAL PLANT Land and Improvements Buildings Equipment
TOTAL PHYSICAL PLANT
TOTAL ASSETS

BALANCE SHEET June 30, 1950
ASSETS

#10,022.01+
,9 .5 7 9 .1 1
6 000.00

# 25,601.15

# 3 9 ,2 6 9 .2 2
# 39,269.22

*17,7ll+.li7 52,306.55
# 70,021.02
# 13l*. 891.39

# 21,218.06 # 21,218.08

, # 698. 8O 5 000.00 #

5.698.80

# 1,020.03
19,750.18 12,0 0 0 .0 0
# 32,770.21

#127,500.00 361,500.00 361,920.07
850,920.07
# 1 ,01+5.U98, 55

114

BALANCE SHEET June 30 1950

LIABILITIES

I. CURRENT FUNDS A. GENERAL Reserve fo r Purchase Orders O utstanding S u rp lu s TOTAL GENERAL FUNDS

$10,758,149 II4, BLi.2.6 6
$ 25,601.15

B. RESTRICTED FUNDS Fund Balance

39,269.22

C. AUXILIARY FUNDS Due to General Funds Due to Endowment Funds Reserve for Stores Surplus TOTAL AUXILIARY FUNDS

$ 6,000.00
5,000.00
5 2 ,3 0 6 .5 5
6,7ll4.l47

$ 70, 021.02

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balanoe

$ 1314,891.39 $ 21,218.08

TOTAL AGENCY FUNDS

$ 21,218.08

III. ENDOWMENT FUNDS Fund Balance
TOTAL ENDOWMENT FUNDS

$ 5,698.80 $

5,698.80

IV. STUDENT LOAN FUNDS Fund Balanoe

$ 32,770.21

TOTAL STUDENT LOAN FUNDS

$ 32,770.21

V. PHYSICAL PLANT Invested in Plant

$8 5 0 ,9 2 0 .0 7

TOTAL PHYSICAL PLANT TOTAL LIABILITIES AND SURPLUS

$ 850,920.07
$1,0145,1498.55

115-

STATEMENT OF CURRENT INCOME F or Year Ended June 30 1950

A. EDUCATIONAL A GENERAL STUDENT FEES M atriculation Non-Resident T u itio n Other Student Fees
TOTAL STUDENT FEES

G eneral Income

R e s t r i c t e d ------- -------------

Income

Income

$ 7l+,8 6 2 .1 5 5,85!+.08 61+8 .1 0
* 81, 364.33

$ 7U,862.15 5,85l+.08 61+8 .1 0
8l . j 6U.33

PUBLIC APPROPRIATIONS S ta te of Georgia - Regular O perations C ity of Augusta
TOTAL GOVERNMENTAL

$1+8 3,9 2 9 .0 0

$1+83,9 2 9 .0 0

$ 2,500.00

$1+83,929-00 $ 2,500.00 $1+86,1+29.00

ENDOWMENT W. J . Young Fund

$ 9 *61+9 .1+7 $ 9 *61+9 .1+7

GIFTS AND GRANTS Canoer C lin ic , Richmond County A y e rs t, McKenna and H a r r is o n Am erican Cyanamid Ciba P harm aceutical P roducts, Inc# Schering C orporations Upjohn Company U. S. P ublic H ealth S ervice (Endocrinology) U# S . P u b lic H e a lth S e rv ic e (O ncology) U. S. P ublic H ealth S ervice (M edicine) U. S. Publio H ealth S ervice (B iochem istry) U. S. Public H ealth Service (Surgery) U. S. Public H ealth Service (Physiology) U. S. Public H ealth S ervice (P sychiatry) U. S . Atomio Energy Commission (B io ch em istry ) W. S . M e r re ll Company Scopicon, M iscellaneous L ife In su ra n ce M edical R esearch Fund
TOTAL GIFTS AND GRANTS

$ 2,063.00 3,000.00 2,000.00 2,000.00 2,1+00.00 1,500.00 7 , 500.00 12,500.00 9 , 079.09 6,210.00 6,260.00 3,500.00 5,000.00 2 , 800.00 500.00 2.00 8,1+00.00
$7l+,7 li+.09

$ 2,063.00 3,000.00 2,000.00 2,000.00 2,1+00.00 1,500.00 7,500.00 12,500.00 9 , 079.09 6,210.00 6,260.00 3,500.00 5,000.00 2 , 800.00 500.00 2.00 8,1+00.00
$ 71+,7 ll+.09

SALES AND SERVICES M aternity S helter S pecial Cancer C linic Eleotroenoephalographic C linic
TOTAL SALES A SALES

$ i+, 580.20 $ 1+, 580.00

$ 5*282.15 1*7 7 3 .0 0
$ 7 ,055.15

$ i+,580.20 5 , 282.15 1 , 7 7 3 .0 0
* n.635.35

OTHER SOURCES P roperty R ental General A M iscellaneous
TOTAL OTHER SOURCES TOTAL EDUCATIONAL A GENERAL INCOME

B. AUXILIARY ENTERPRISES B o o k sto re M icroscope S ales A R entals Pelvim eter Sales Research Sales
TOTAL AUXILIARY INCOME NON-INCOME, Due t o G e n eral Funds
TOTAL AUXILIARY DISBURSEMENTS

TOTAL CURRENT INCOME

lie

$ 633.00 3 *099.77
* 3.732.77 $573, 6 0 6 .3 0

*9 3 .9 1 8 .7 1

$ 633.00 3 , 099.77
* 3.732.77 $667, 525.01

$ 29,168.06 15*3 6 0 .7 9 3 ,98l+.00
8 1 1 .2 6
* lt9 . 32it.il $ i+,0 0 0 .0 0 * 53. 32U.il
$6 2 2,9 3 0 .1+1

*9 3 . 9 1 8 .7 1

$ 29,168.06 15, 360.79 3 ,98l+.00
8 1 1 .2 6
k 1+9 , 321+.11 i+,000.00 * 53. 32U.il
$7 1 6, 81+9 .1 2

f
J
M ii
|J i
d 'f
AV *
y
.M
1n
H
&4 1
^ >

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30 1950

EDUCATIONAL A GENERAL ADMINISTRATIVE AND GENERAL
Presidents Office Department of Admissions Business Office General Registrar*s Office
TOTAL ADM. A GENERAL

fluid Classification Toral esmorec
* 8 ,1+8 7 .1+8 3 ,81+1+.26
10,063.06 8, 01+7 .1+5 5, 61+8 .2 7
1 3 6,090.^2

Object Classification

Operating

Salaries A Wages

Supplies
A Expense ]Equipment

* 7 650.00 * 873.9I+ 1

3,63!+. 87

2 1 2 .5 9

9,115.00 I+7O.O6

1, 527.62 6 , 295.71

5, 035.79

513.75

* 26,963.28 $ 8, 366.05 $

-36,1+6 -3.20 1+7 8 .0 0
221+.12
9 8 .7 3 7 6 1 .1 9

PLANT OPERATIONS

1+9 835.16

$ 29,619.87 117, 115.1+8 $ 3 , 099.81

LIBRARY

* 10, 3 8 9 .1+6

* 5,1+2 6 .3 3 * 1, 3 2 7 .0 5 $ 3 , 6 3 6 .0 8

INSTRUCTION Gross Anatomy Miscrosoepic Anatomy Biochemistry Physiology A Pharmacology Pathology Medical Miorobiology A Public Health Medicine Pediatrics Surgery Obstetrics A Gynecology Endocrinology Medical Illustration Lectures TOTAL INSTRUCTION

* 15.6U7.93 ll+, 51+8.5!+ 2 8 ,9 7 7 .6 3 59. 585.U7 22, 6e7.93
2 5 ,2 6 0 .2 6 Ul.U57.73
8,229.69 58, 337.66 13,2 7 2 .U9 9 . 0U7 .0 7 1 2 , 9 2 6 .9 9
1 0 0 .0 0
*290,019.39

* ll+,29+.69 1 567.77 * 985.1+7

ll+, 190.00 558.5U

21, 283.33 5, 878.70 1, 815.60

3+,1+76.11+ +,i+80.80

6 2 8 .5 3

2 0 ,14+0 .0 0 1, 8 2 0 .1+7

367.I+6

23,336.66 1, 8 0 6.11

117 .i+9

3 7 , 360.81 1, 178.1+8 2 , 9 1 8 4 +1+

7 , 800.00

351+.61

75.0 8

50, 825.00 6,863.71 6I+8.95

9 , 850.00 7,620.00 11,605.90

3, 002.71
6 7 3 .7 9
- 6 2 .6 7

1+1 9 .7 8
7 5 3 .2 8
1.583.76

1 0 0 .0 0

*253, 182.53 $26,723.02 *10,113.81+

ACTIVITIES RELATED TO INSTRUCTION

Medical State Aid University Hospital Maternity Shelter Special Cancer Clinic

*11+1 ,9 0 9 .0 7

*11+1,792.25 $ 116.82

1+1, 7 8 9 .3 3 * 2 , 500.00 2 , 807. 11+

33,1+56.00 1,975.03

10, 689303..3836 $

6, 359.67 3,865.87 1, 61+9 .8 0

Electroenoephalographic Clinic _____________ 1,796.60 1,1+05.00 391.60

TOTAL ACTIVITIES REL.TO *186, 505. 51+ * 10, 656.27 * 182,i+9l+.15 *13, 6 8 2 .1+1 *
INSTRUCTION

1I+I.25 ai+l+.oo
9 85.25

RESEARCH Regular Special TOTAL RESEARCH

* 670.2I+

* 531.25 * 138.99

* 9 0 , 312.53 6 3 ,71+2 .5 7 17, 5 8 2 .5 0 * 8 ,9 8 7 .1+6

* 670. 21+* 90,312.53 * 6l+,2 7 3 .8 2 *17, 7 2 1 .1+9 * 8 ,9 8 7 .1+6

EXTENSION

* 796.I+9

* 379 .5 5 * 1+16.91+

TOTAL EDUCATIONAL A GENERAL

EXPENDITURES

*57l+,306.80 *100,968.80 *562,339.53 *85,352.14+ *27,583.63

NON-EXPENSE Due from Auxiliary Enterprises * 1+,000.00

1578, 306.80 $100, 968.80

- 117-

AUXILIARY ENTERPRISES B o o k sto re M icroscope S ales A R entals Pelvim eter Sales Research Sales
TOTAL AUXILIARY EXPEND.

Fund C la s s if ic a tio n T otal R estricted
29. 322.31
l6,li+ 6.6l
+,202.1]+ 91*6.53
* 50, 617.59

S alaries A Wages

O perating S u p p lie s
A Expense Equipment

# 69.78 29, 252.53
1.765.7U l6 ,li+ 6 .6 l
81+8.00 1,326.31+ # 1,110.06
98.53
# 2 ,6 8 3 .5 2 #i+6,82i+.01 # 1,110.06

NON-EXPENSE
T ra n s fe r to o th e r Funds # 3,106.12

TOTAL AUXILIARY DISB. TOTAL CURRENT EXPENDITURES

53. 723.7i #62l+,92l+.39 $100,968.80 #363,023.03 $132,176.1+5 128,693.69

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1950

Balance R eceipts Disbursem ents Balance
J u ly 1, I 9I+9 For Year For Year June 30 195

Cox FUnd (U rology) L ife Insurance M edioal R esearch Fund Maoy G ran t Markle Foundation (M icrobiology) Markle Foundation (M edicine) Merok Fund S w ift Fund (P e lla g ra ) Pathology o f Cancer Endocrinology Grants Pharmacology G rants S p ecial R esearch (Pharmacology) U .S.P .H .S. - Medicine U .S.P.H .S. - Endocrinology U .S .P .H .S . - Medicine U .S.P.H .S. - P sy ch iatry U .S .P .H .S . - Oncology U .S .P .H .S . - Pharmacology U .S.P.H .S. - Surgery U .S.P.H .S. - Surgery U .S.P.H .S. - Biochem istry U .S.P.H .S. - Physiology U .S.A .E.C. - B iochem istry W. G. Tyson Fund W. J . Young Fund U ndistributed In te re st Cancer C lin ic American Academy o f A rts A S cien ces W. S . M e r r e ll Company - D iocyl M edical A rt Researoh G rants Soopioon G rants American M edioal A sso c ia tio n C ity o f Augusta Grants Special Canoer C linic E leotroencephalographio
TOTAL

# 1, 000.00

# 1, 000.00

1, 233. 81+ # 8, 1+00.00 # 8, 761+.00 869. 81+

3W+.10 1 ,9 6 3 .3 8
158.16

+85.76

31+1+.10
1, 1+77.62 158.16

65,51+
268. 81+ 1. 652.53 13,3 5 ^ .6 8 10, 900.00

65.51+
268. 81+ 86.90 1. 565.63 u ,5 5 i* .8 0 12, 699.88

282.19

282.19

-.5 7

-.5 7

18.1+7
- 922.65 11+0.69
7,+67.25 1, 139.88
2.16+.67

7 ,5 0 0 .0 0
9.O79.O9 5, 000.00 12, 500.00
6 ,2 6 0 .0 0

13,1*22.77
11,111.75 +,661+.11
23,811.55
905.20
276.28
3. 971.61

18.1*7
-6.8l*5*2
- 1, 891.97 335.89
--3, 81+1+.30 231+.68
1, 888.39
2 ,2 8 8 .3 9

18.50
9,395.01+

6 ,2 1 0 .0 0 3 ,5 0 0 .0 0 2 ,8 0 0 .0 0
9,61+9.1+7

2 ,8 9 7 .8 5 1,961.21+
222.55
171+.17

3 ,3 1 2 .1 5
1. 538.76
2,577.1+5 18.50
18,870.31+

3 9 9 .3 7 . 29i+.05 1 ,8 0 0 .0 0 1,929.53 295.12
600.00
178.67
1,085.00
- 6.97

2, 063.00
500.00
2 .0 0
2 ,5 0 0 .0 0 5 ,2 8 2 .1 5 1 ,7 7 3 .0 0

1,91+7.33
1, 720.25
1,938.19
111+.60 2, 500.00 6, 359.67
1,796.60

399.37 1+09.72
79.75 1+91.31+ 295.12
602.00
61+.07
7.1+8
- 30.57

#1|6,319.31 #93.918.71 #100,968.80 #39.269.22 -118-

ff
Jt
V
I
km
M
4Uf -fr]

STATEMENT OF TRUST FUND BALANCES fb r T ear Ended June 30 1950
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONSt G ifts and G rants Inoome on In v estm en ts Inoome on S tu d en t Loans TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan F\inds

5 .6 9 1 .8 7 31, 670.21


6.93

6o6 .7 5
33U.142
158.83

I 1-- OOM OO

? 6.93

5,698.80 32,770.21

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30 1950

ENDOWMENT FUNDS M oore-Carte r Fund
TOTAL ENDOWMENT FUNDS

FUnd B alance

Fund Balanc

B eg in n in g

End of

Of Year A dditions D eductions

Year

5, 691.87 6 .9 3 * 5. 691.87 * 6.93

5,698.80 5,698.80

LOAN FUNDS Murphey Fund S tu d en t Loan Fund K ellogg Fund
TOTAL LOAN FUNDS

7,209.53
8, 651.67
15,809.01
31, 670.21

11*7.31 703.33 21*9.36
1,100.00

7,356.81* 9 ,3 5 5 .0 0 16,058.37
3 2 ,7 7 0 .2 1

TOTAL TRUST FUNDS

3 7 ,3 6 2 .0 8 1, 106.93

38,1*69.01

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1950

CURRENT FUNDS G eneral R estricted A uxiliary
TOTAL CURRENT FUNDS

B alance

R eoeipts Disbursem ents Balance

J u l y 1, I 9U9 F or Y ear F or Year June 3 0 , 195

li*,722.51* 1+6,319.31 18, lll*.07
79. 155.92

5 7 3 ,6 0 6 .3 0
9 3 ,9 1 8 .7 1
53. 32u .11
720,81*9.12

578,306.80 100,968.80
53,723.71
732. 999.31

10,022.01*
39. 269.22
17 .7 lU .U 7
67. 005.73

AGENCY FUNDS

8,63l*.83 22,772.18 10,188.93 21,218.08

TRUST FUNDS Endowment S tudent Loan
TOTAL TRUST FUNDS

691.87 *

6.93

3,502.61*

5. 017.39

698.80 7,500.00 1,020.03

f l*,19l+.51 5.02U .32 7 ,5 0 0 .0 0 1 .7 1 8 .8 3

TOTAL

9 1 ,9 8 5 .2 6 71*8,61*5.62 750,688.21* 89,91+2.61*

rI

-1 1 9 -

STATEMENT OF AGENCY FUNDS Year Ended June 30 1950

Basal Metabolism State Entranee Examiner Student Breakage Deposit Student Deposit on Fees Student Health & Activities Advance from Veterans Administration
TOTAL AGENCY FUNDS

Fund Balance

Disburse- ^nd Balance

July 1, 19U9 Receipts ments <June 30 I95O

$ 5O.OO
26.00 3585.02 1,975*00 2,998.81

$ 5,682.23
60O.OO
3,795.02 1 2 ,69!+.93

* 5.358.30
1+83O.6 3

$ 5O.OO 26.00
3,908.95 2,575.00 1,963.20
12 ,691+.93

#8,63^.83 $22,772.18 $10,188.93 $21,218.08

A. LAND

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30, I95O
Tn vest ment Beginning Of Year
$127,500.00

B. BUILDINGS Newton Dugas Murphey
Dwelling, II+96 Harper Street
TOTAL BUILDINGS

$ 80,000.00 li+0,000.00 11+0,000.00 1,500.00
$361,500.00

C. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments
TOTAL EQUIPMENT

$ 15,228.1+9 5U*-77
83,289.21+
235,273.91+ $331+,336.U+

TOTAL INVESTMENT IN PLANT

823.336+ U

Additions
$ 76I.I9
3,636.08 23,186.36 27.583.63 $27,583.63

Investment End of Year
$127,500.00
$ 80,000.00 11+0,000.00 li+0,000.00
1,500.00
$361,500.00
$ 15,989.68 54U .7 7
86,9 2 5 .3 2 258,1+60.30 $361,920.07
$850,920.07

- 120-

FINANCIAL REPORT FOR THE YEAR ENDING
JUNE 30, 1950
North G eorgia College Dahlonega, Georgia

BALANCE SHEET
June 30, 1950

ASSETS

I . CURRENT FUNDS
A . GENERAL Cash on Hand Cash in Bank Aocounts R eceivable TOTAL GENERAL FUNDS



2 , 000.00

28,6oU.19 1.797.13

32.U01.32

B. RESTRICTED Cash in Bank

1.955.30

C. AUXILIARY Cash on Hand Cash in Bank Accounts R eceivable Stores (Inventories) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS



U05.OO

U 9.6 3 U .3 8
213.90

66,051.37
ll6,3QU.65

150,661.27

I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS

16,075.13 * l 6.O75. i 3

I I I . STUDENT LOAN FUNDS Cash in Bank Notes R eceivable Investm ents
TOTAL STUDENT FUNDS

*

393.38

I 8U .5O

5, 000.00

5.577.88

IV . PLANT FUNDS UNEXPENDED Cash in Bank

,17 000.00

EXPENDED Land B uildings Improvements O ther than B uildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

3U.500.00 1,308,831.73 137,038.20 UU2,111.U8 |1.922,U8l.Ul
1.939,U81.U1
2,111,795.69

-122

BALANCE SHEET Ju n e 30 1950

LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Purchase O rders O utstanding Unearned Inoome General Surplus TOTAL GENERAL FUNDS



2,9Uh*0h

2,873.96

11,331.30

15, 251.22

32,1+01.32

B RESTRICTED Fund B alance

t 1. 955.30

C. AUXILIARY Accounts Payable Purohase Orders O utstanding Unearned Income C ontracts to be N egotiated Reserve fo r S tores (in v en to ries) A uxiliary Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

2,382.20
1 , 1+17.09 8, 356.12 9*777.73 66,051.37 28, 320. 11+
ll6,30l+.65
I 150, 661,27

I I . AGENCY FUNDS Fund B alances

16,075.13

TOTAL AGENCY FUNDS
I I I . STUDENT LOAN FUNDS Fund B alances

I 6. 075. i 3 5*577*88

TOTAL STUDENT LOAN FUNDS

5*577.88

IV . PLANT FUNDS UNEXPENDED Unexpended Fund B alance

17, 000,00

EXPENDED Loans P ayable Net Investm ent in P lan t
TOTAL EXPENDED

37,076.09 1,885,^05.32
1 , 9 2 2 , 1+8 1 .1+1

TOTAL PLANT FUNDS

1

TOTAL LIABILITIES

1,939,1+81.1+1
2 ,1 1 1 ,7 9 5 .6 9

-123-

STATEMENT OP CURRENT INCOME Fbr Year Ended June 30* 1950

A. EDUCATIONAL AND GENERAL STUDENT PEES Non-Resident T uition M atriculation H ealth S ervice Summer S e ssio n O th er
TOTAL STUDENT FEES

General R estricted

Income

Income

T o tal

$ 2t+,366.02 90, 032.00
7,1+58.00
2 2 ,5 7 0 .3 5 691.31
$ 11+5, 117.68

$ 2i+,366.02 90, 032.00
7,1+58.00
2 2 ,5 7 0 .3 5
691.31 $ 11+5, 117.68

PUBLIC APPROPRIATIONS S ta te of Georgia Regular O perations

$201, 695.00

$201, 695.00

OTHER SOURCES S a le s Land S crip
TOTAL OTHER SOURCES

$ IOO.63
800.00
$ 900.63

$ IOO.63
800.00
$ 900.63

GIFTS AND GRANTS R esearch
TOTAL EDUCATIONAL & GENERAL INCOME

$2, 500.00 $ 2, 500.00 *51*7, 713.31 $2, 500.00 *350, 213.31

B . AUXILIARY INCOME BOOKSTORE

$ 2i+, 801.67

* 2l*,801.67

DORMITORIES Sanford H all Barnes H all B arracks Band House Moore A partm ents TOTAL DORMITORIES
DINING HALL
FARM AND DAIRY
UNIFORM EXCHANGE
STUDENTS EXCHANGE
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
VETERAN HOUSING
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 10, 223.25
9 ,5 7 1 .5 0
li+,922.00 5, 6li+.00 1, 161*. 50
$ 1+1,1+95.25
$ 11+2, 588.60 $ 16, 695.90 * 30, 775.07 * 30, 656.71
$ 9,350.22
* 3. 096.67 * 3, 376.09 $303, 636.18
651, 31*9.1*9

$2, 500.00

$ 10, 223.25
9 ,5 7 1 .5 0
ll + ,922.00 5, 6ii+.oo
l,l61+.50
$ l a , 1+95.25 $11+2, 588.60 $ 16, 695.90
* 30. 775.07 $ 30, 656.71 $ 9, 350.22
* 3, 096.67 $ 3, 376.09 $303, 636.18
*653,81*9+9

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A. EDUCATIONAL & GENERAL ADMINISTRATIVE Sc GENERAL C om ptroller P re sid e n t R egistrar G eneral

O perating Fund C la s s if ic a tio n S a la rie s S u p p lie s
G en eral R e s t r i c t e d 3c Wages Sc Expense Equipm ent

# 16,099.56 10,553.60
6, 888.07
7 ,5 2 2 .2 6
. 1+1, 063.14.9

# 114,552.30 #
9 ,6 9 9 .9 5 6 ,5 3 8 .0 7
IOI4.OO
# 30,8914.32 $

1,256.146 #
853.65
350.00
7 ,3 6 2 .9 1
9, 823.02 #

290.80
55.35
3I46. I 5

STUDENT WELFARE Dean o f Women Dean o f Men Student H ospital G eneral
TOTAL STUDENT WELFARE

# 2,1400.00 6, 500.61 8, 1426.90
3 ,3 8 1 .9 0
# 20, 709.141

# 2, 350.00 #

50.00

6, 398.140

102.21

6, 630.80 1. 756.30 i

2 ,2 9 5 .3 8 1, 056.22

# 17,6714.58 # " 2,9& 4.73 #

39.80
30.30
70.10

PHYSICAL PLANT O peration U tilities
TOTAL PHYSICAL PLANT

i 58, 160.72
5 ,7 3 8 .7 5 # 63,899.147

# 3 5 ,9 3 3 .8 0 # I 9 ,3 l l +.83 # 2, 912.09
5 ,7 3 8 .7 5 # 35,933.80 # 25,053.58 # 2,912.09

LIBRARY

# 16,701.32

# 8 ,3 9 5 .7 7 # 7, 063.10 # 1,2142.145

INSTRUCTION Dean o f F a c u lty B iology Chem istry B usiness A dm inistration E n g lish E d u c a tio n G uidance Home Economics Languages M athematics M ilitary P hysical Education P h y sic s S ocial Science Summer S e s s io n
TOTAL INSTRUCTION

# 5.251.88
114, 053.55
114,31+7.76
11,505,92
17,937.57
9, 602.140
14,795.98
5,7814.75 12,559.96
1 7 ,6 7 2 .U 5 1,909.52
18,0514.77 12,530.27
13. 51*3.76
18,231.99 #177,782.53

# I4. 76I4.21 # 1487.67

1 1 ,8 6 7 .5 5 1, 1814.00 # 1, 002.00

12, 063.58 2 ,2 1 8 .6 8

65.50

10,523.99 17,72i*.99

202.00 212.58

779.93

8,7014.87

516.13

381.140

3 .9 6 9 .1 9
U ,6 7 1 .9 9 12,399.96

826.79
973.08
160.00

139.68

17,1+25.00 736.05

235.51
966.76

11.914 206.71

15,922.21
11, 186.96

1 ,0 3 2 .1 3 1, 100.143 65I+.30 689.01

1 3 .3 U 3 .7 6

200.00

17,928.00

303.99

#163,232.31 # 10,173.62 # 4,376.60

RESEARCH Chem istry

#5ltl4.70

# 5W+.70

TOTAL EDUC. 3c GEN. EXP.
NON-EXPENSE T ransfer to P lant Funds

#320, 156.22 # 5l4l4.70 #256, 130.78 # 5 5 .6 2 2 .7 5 $ 8, 91+7.39
# 28,209.90

TOTAL EDUC. <& GEN. DISB. # 3 ^ 8 ,3 6 6 .1 2 # 5 ^ . 7 0

-125-

B. AUXILIARY ENTERPRISE BOOKSTORE
DORMITORIES Sanford H all Barnes H all B arracks Band House Moore A partm ents TOTAL DORMITORIES
DINING HALL
FARM & DAIRY
UNIFORM EXCHANGE
STUDENTS EXCHANGE
STAFF HOUSING (R e g u la r)
VETERAN HOUSING
STAFF HOUSING ( S p e c ia l)
TOTAL AUXILIARY EXPEND.
NON-EXPENSE T ransfer to P lan t Funds
TOTAL AUXILIARY DISB.
TOTAL CURRENT EXPENDITURES

Fund C la s s if ic a tio n General R estricted

Objeot C la ssific a tio n O perating
S a la rie s Supplies & Wages & Expense Equipment

* lit,937.01

1 ,9 1 0 .3 7 13,026.61+

* 8, 635.91
8 ,2 7 2 .3 3
H . 775.39
3 .3 0 2 .U 2 3 .0 7 2 .7 3 * 35,058.78
137*686.50
* 18,397.13
37,084*21
30,675.70
* i t . 562.75
* 379.81
U30.70
*279.212.59

2,392.1+7 5,805.11+
2,1+58.30 5 .763.33
3, 255.28 8,436.11 1, 239.05 2, 063.37
976.19 2, 096.54 r 10, 301.29 21+.164.49 i

1+38.30 50.70
104.00
593.00

* 28, 919.63 * 106, 831.52 * 1 ,9 3 5 -3 5 I 9 ,5 2 2 .2 9 * 7 ,6 5 5 .9 5 * 1, 218.89

* 1,013.95 * 35,975.26 * 95-00
4, 610.84 24, 654.66 1, 410.20 1, 101.08 3, 461.67

*

35.27 t 3W t.5lt

378.17

52.53

* 57, 792.89 *216, 167.26 * 5, 252.14

* 18,39lt.it5 297.607.0U
*599,368.81 564.70 313, 923.67 271. 790.01 14, 199.83

STATEMENT OP TRUST FUND BALANCES Year Ended June 30 1950
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS* R eceipts Income on Investm ents Income on Loans TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR

Loan Fdnds 5,1+32.26
125*00 20.62 H+5.62 5577*88

-126

LOAN FUNDS Jo hn H. Moore
TOTAL TRUST FUNDS

STATEMENT OP TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1950

Fund B alance Beginning Of Year A dditions

D ed u ctio n s

t 5.1*32.26 1 11*5.62

5 .4 3 2 .2 6 # 11*5.62

Fund Balance End o f Year
# 5,577.88
# 5.577.88

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30# 1950
LOAN FUNDS Bonds Governmental Student Notes Receivable TOTAL LOAN FUNDS
TOTAL TRUST FUND INVESTMENTS

Book V alu e

M arket V alu e

$ 5, 000.00 # 5#ooo.oo

r 18U.50

18i*.50

5#18t*.50 # 5 , 18l*. 5

# 5,181*. 50 * 5,181*.50

STATEMENT OF CHANGES IN CASH BALANCES For Y ear Ended June 30# 1950

CURRENT FUNDS G eneral R estricted A uxiliary TOTAL CURRENT FUNDS

Cash Balance R eceip ts D isbursem ents Cash Balanoe J u l y 1, 19l*9 F or Y ear F o r Y ear June 3 0 , 1950

131,257.00
1*1*, 010.21*
175, 267. 2!*

# 3 U 7 ,7 1 3 .3 1
2, 500.00
303,636.18
#653,81*9.1*9

#31*8, 366.12
54U.70
297. 607.Cl*
#61*6,517.86

# 30,60l*.19 1 ,9 5 5 .3 0
50,039.38
82,598.87

AGENCY FUNDS LOAN FUNDS PLANT FUNDS

* 9. 354.13 # 5l*,027.26 # 1*7,306.26 1 6 ,0 7 5 .1 3 # 117.26 # 1*60.62 181*. 50 3 9 3-38
# 56, 101*.35 # 39,10i*.35 # 17, 000.00

TOTALS

84.738.6? 764,441.72 733,112.97 #116,067.38

Bookstore D eposits Uniform D eposits Breakage D eposits
Mi8C. S tu d e n t D e p o sits
Student A c tiv itie s
TOTAL

STATEMENT OF AGENCY :FUNDS
Year Ended June 30, I 95O
Cash B alance R e c e ip ts J u l y 1 , 19l*9 F or Year

D isbursem ents Cash Balanoe For Year June 30, 1950

# 28.60 2, 832.38 1*, 660.29
800.20
1, 032.66
9. 354.13

# 1, 71*0.00
33,299.83
7, 1*09.00 171.20
11,1*07.23
54, 027.26

# 1,708.95 31,038.17 6 ,8 8 2 .0 0
151. 21*
7,525*90
# 1*7, 306.26

* 5,o$*toij
5 ,1 8 7 .2 9 820.16
1*,913.99
16, 075.13

-127-

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950

BALANCE, BEGINNING OF YEAR
ADDITIONS: S ta te A ppropriation T ran sfer from G eneral Funds T ra n sfer from A u x iliary Funds TOTAL ADDITIONS
DEDUCTIONS: Expended fo r P la n t A dditions Land B uildings and A dditions to B uildings Gymnasium Barnes H all B arrack s M ilita ry Garage Loggins House F aculty Houses F acu lty Garage Improvements O ther th a n B uildings W ater System Equipment TOTAL EXPENDED FOR PLANT ADDITIONS

Funds fo r P la n t
A dditions ? ---

Debt S e rv ic e ? --------

T o tal * --------

* 9. 500.00
28,209.90
i 6,Uol*.70 *5UlH*.o

1*989.75
n . 909.75

* 9. 500.00 28, 209.90 18, 391+.1*5 56. 10u .35

* 2, 000.00
12, 1*00.00
2 ,3 7 8 .3 0
1, 665.02 6, 216.55
2 ,0 9 3 .9 0
5, 000.00 1, 627.96
638.20 3. 09U.67 #37,lll+ . o

* 2, 000.00
12, 1*00.00
2 ,3 7 8 .3 0
1, 665.02 6, 216.55
2 ,0 9 3 .9 0
5, 000.00 1, 627.96
638.20 3. 091+.67 *37,iil+.6o

Indebtedness R etired U n iv e r s ity o f G eorgia Endowment Funds

* 851.91 * 851.91

O ther Deductions I n t e r e s t on Indebtedness
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

37.llU .60
* 17, 000.00

1. 137. 8U
* 1 .9 8 9 .7 5

* 1. 137.a u 39. 10u .35 *17, 000.00

SUMMARY OF INVESTMENT IN PLANT As o f June 30 1950

VALUE OF PLANT, JULY 1, 19U9

ADDITIONS: Expended from P la n t Funds Expended from E ducational and G eneral Funds and inoluded in C urrent Expenditures Expended from A u x iliary Funds and included in Current Expenditures TOTAL ADDITIONS

VAIXJE OF PLANT, PLUS ADDITIONS, JUNE 30, 1950

DEDUCT: Loans Payable
INVESTMENT IN PLANT, June 30, 1950

- 128-

* 1, 871, 166.98

37. 11u .60

8 ,9 m7 *39 5.252.14*

* 51. 31u .u 3 * i , 92a.U 8i J a

* 37, 076.09
*1,885.1*05.32

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1950

A. LAND Old Campus 3 111 A cres New Campus 30 A cres Old Farm 120 A cres New Farm 352 A cres
TOTAL LAND

Investm ent B eg in n in g
Of Year

Investm ent

End o f

A dditions D eductions

Year

* ll+ ,500.00 * 2, 000.00 6, 000.00
l+,ooo.oo
8, 000.00 ? 32, 500.00 2 ,oo7 oo~

* 16, 500.00 6, 000.00 1+, 000.00 8, 000.00
* 3+, 500.00

B. BUILDINGS Academic P rio e M anorial Business A dm inistration
Home Economics M ilitary Science L ib rary Auditorium - D ining H all Gymnasium Band House Barnes H all B arrack s Sanford H all Infirm ary M ilita ry Garage 5 M aintenance B uildings Loggias House
1+ J a n i t o r s Homes 1+ U n it F a c u lty A partm ent 2 U nit F aculty Apartment 1+ F a c u lty Homes 3 F a c u lty Hemes 3 F a c u lty Homes
6 F a c u lty Homes
F acu lty Garage Cow Barn ll+ Farm B u ild in g s
6 U nit V eteran Apartments 6 U nit V eteran Apartments 6 U nit V eteran Apartments
TOTAL BUILDINGS

* 100, 000.00 100, 000.00 J+0, 000.00 1+0, 000.00 1+0, 000.00 287, 200.00 55, 000.00 100, 000.00 17, 600.00 * 12, 1+00.00

18,000.00
83, 000.00 7U ,000.00 1+3, 000.00

2 ,3 7 8 .3 0
1, 665.02

18,000.00
6, 600.00

6, 216.55

6, 700.00 1+0, 000.00
5, 000.00 19, 000.00 39, 000.00 30, 000.00 53, 000.00 2, 500.00 8, 550.00 17, 100.00 17, 100.00 17, 100.00

2 ,0 9 3 .9 0
5, 000.00 1, 627.96

*1,277,1+50.00 t 3 i . j e i . 7 j

* 100, 000.00 100, 000.00 1+0, 000.00 1+0, 000.00 1+0, 000.00 287, 200.00 55*000.00 100, 000.00 30, 000.00
18,000.00 85,378.30
75. 665.02 1+5, 000.00
18,000.00
6, 216.55 6, 600.00 2, 093.90 6, 700.00 1+0, 000.00 5, 000.00 2l+, 000.00 39, 000.00 30, 000.00 53, 000.00 1, 627.96 2, 500.00 8, 550.00 17, 100.00 17, 100.00 17, 100.00
* 1 ,3 0 8 ,8 3 1 .7 3

C. IMPROVEMENTS OTHER THAN BUILDINGS S tre e ts A Sidewalks L ig h tin g System W ater System Sewer System
TOTAL IMPROVEMENTS

* 51*000.00 25, 000.00
20.700.00 $
39.700.00 I 136,1+00.00 *

638.20 638.20

* 51*000.00
,25, 000.00
21 338.20 3 9 ,7 0 0 .0 0 137,038.20

D. EQUIPMENT A dm inistrative O ffices P hysical P lant L ib rary In s tru c tio n a l Departments

* 1 7 ,6 0 5 .0 5 $ U16.25

9 7 ,5 9 7 .6 5
61, 68^.01
162,652.87

3 ,7 7 3 .3U 1,21+2.1+5
i+,376.60

* 18, 021.30 101,370.99
62, 926.1+6
167,029.1+7

-129-

EQUIPMENT (C ontd) D orm itories Dining H all Earn
F acu lty & S ta ff Housing
Exchange V eteran Housing
TOTJL EQUIPMENT
TOTAL INVESTED IN PLANT

Investm ent B eg in n in g
Of Year

A dditions D eductions

Investm eit End Of Year

* 2l.U7J.50 593.00 27,565.01 1,935.35 29,689.50 1,218.89 3,573.39 2,233.142 1,505.20 2,976.00
| l42U,8Y6".98" 1 17,2914.50

22,066.50 29.500.j6
30,908.39 5,806.81 1,505.20 2,976.00 ~ T 1^42,111.148

1,871,166.98 * 5l.3lU.Uj

1,922,1481.1+1

FINANCIAL REPORT FOR THE YEAR ENDING
JUNE 3 0 , 1950
G eo rg ia S ta t e C o lle g e f o r Women M ille d g e v ille , Georgia

BALANCE SHEET
June 30, 1950

ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Aooounts R eceivable TOTAL GENERAL FUNDS

* 17.5U9.91
1,019.83 * 18,569.7U

B. RESTRICTED Cash in Bank Aooounts R eceivable TOTAL RESTRICTED FUNDS

* - 2, 52U.62 8,UU2.19 *

5.917.57

C. AUXILIARY Cash in Bank Aooounts R eceivable Inventory TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 8U.9U7.U8 66.27
31,501.22 I 116,51U.97 t lUl,002.28

I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS

11,763 .U8 t 11,763 .U8

I I I . ENDOWMENT FUNDS Cash in Bank Investm entst U. S. S e c u ritie s G.S.C.W. B u ild in g s
TOTAL ENDOWMENT FUNDS

- 685.57

$ 53,300.00 151,U69.U7

20U,769.U7

* 2QU,083.90

IV . STUDENT LOAN FUNDS Cash in Bank Investm ents) U. S. S ecurities O ther Bonds Notes R eceivable
TOTAL STUDENT LOAN FUNDS

# 10,028.99

$ 9U,536.50 5,250.00 16,13U.76

115,921.26

I 125,950.25

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 50,000.00

B. EXPENDED Land B uildings Improvements o th er th an B uildings E quipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

I 2UU.000.00 2,613,52U.U3
311,250.00 1,125,006.05
U.293.780.U8
U.5U3.780.U8 IU.826,580.39

BALANCE SHEET
June 30, I 95O

LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable P* 0 O u ts ta n d in g Unearned Income S u rp lu s TOTAL GENERAL FUNDS
B. RESTRICTED FUNDS Fund B alance
C. AUXILIARY Accounts Payable P* 0 O u ts ta n d in g Unearned Income Reserve fo r S tores S u rp lu s TOTAL AUXILIARY FUNDS

* 1,832*77 7 ,3 7 0 .6 5
3, 600.00
3 ,7 6 6 .3 2
I 8. 569. 7U
$ 5,917.57
# l+,ll+2.1+7 9 ,0 7 6 .8 8
13, 1+50.00 31, 501.22
58,3l4U.U0
116, 51U.97

TOTAL CURRENT FUNDS

$ 11+1,002.28

I I . AGENCY FUNDS Fund Balance

11, 763.1+8

TOTAL AGENCY FUNDS

$ 11,763.1+8

I I I . ENDOWMENT FUNDS Fluid B alance

$ 20l+, O83. 9O

IV . STUDENT LOAN FUNDS Fund Balance
V. PLANT FUNDS A. UNEXPENDED Fund Balance

* 125,950.25 $ 50,000.00

B. EXPENDED Due t o Endowment Funds Investm ent in P lan t TOTAL EXPENDED
TOTAL PLANT FUNDS

$ 151,1+69*1+7 1+, 11+2,311.01 |1+, 293,7801+8
1+,31+3,780.1+8

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

1+, 8 2 6 ,5 8 0 .3 9

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1930

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident T u itio n M atriculation H ealth Servioe Summer S e s s io n Other Student Fees
TOTAL STUDENT FEES

G eneral Income

R estricted Income

T otal Income

4 2, 896.60 109, 672.00
12,307.50
3^ , 662.20 5, 615.00
4 165, 153.30

$ 2, 896.60 109, 672.00
12,307.50
3i+,662.20 5, 615.00
* 165.153.30

PUBLIC APPROPRIATIONS R egular O perations V ocational Finds General Extension Baldwin County
TOTAL PUBLIC APPROPRIATIONS

*

1+31, 211.00

4 $25, 858. 1+6

1+31, 211.00 25, 858.1+6

1, 600.00

1, 600.00

3 0 ,332.1|2

30, 332.U2

4 1+32, 811.00 $ 56, 190.88 4 1+89, 001.89

GIFTS AND GRANTS R aoksfeller Foundation

$ 3, 000.00 4 3, 000.00

OTHER SOURCES Nursery School M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL A GENERAL INCOME

4 3.31U .65
3,1+08.10
4 6.722.75

1 3.311+.65
3,1+08.10
4 6, 722.75

4 6ol+,687.05 5 9 .1 9 0 .8 8 4 663, 877.93

B. AUXILIARY ENTERPRISES C afeteria D ining H all Laundry L iv esto ck Residence H alls A tkinson Beeson B e ll and Annex
E n n is M ansion Annex M ayfair Sanford T e rre ll and Annexes M iller G ilstra p , etc*
P ark h u rat S tudent Union

* 27,093.53
268, 92l+.i+2 36. 550.50
5. 263.76
8, 07^ . 61+
12,531.98
15.953.21 8 ,0 9 2 .1 5
1, 866.00 1, 905*1+6 9. 67U.75
2 5 ,0 5 7 .1 6 i+, 1+20.59
9, 81+6.00
27,399.39

4 27,093.53 268, 921+.1+2
36,550.50 5.263.76
8, 07l+.6l+
12,531.98 15.953.21
8 ,0 9 2 .1 5
1, 866.00 1, 905.1+6
9.671+.75 2 5 ,0 5 7 .1 6
1+,1+20.59
9, 81+6.00 27. 399.39

TOTAL AUXILIARY INCOME

4 1+62,653.51+

4 1+62,653.51+

C, OTHER NON-EDUCATIONAL
G ift8 and G rants
Endowments TOTAL OTHER NON-EDUCATIONAL INCOME
TOTAL CURRENT INCOME

$ 1, 000.00 4 i+,765.70
5. 765.70 4

1, 000.00 u . 765.70
5s7 6 5 .7 0

$1,067 31+0*59 6U.956.58 1, 132. 297.17

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

EDUCATIONAL AND GENKAL ADMINISTRATIVE A GENERAL A d m in is tra tiv e Dean Alumnae O ffic e B usiness O ffice P re sid e n ts O ffice Public R elations R e g istra r's O ffice G eneral Expense TOTAL ADM. GENERAL

Fund C la s s if ic a tio n

T o tal

R estricted[

ODjeot C la s s if ic a tio n

S alaries O perating

fc

S u p p lie s

Wages

& Expense Equipment

$ 5,520.13
h ,3 b l.5 b
19*562. 2+6
17,183.2+1
2, 851.65 8, 662.53 l 2+,li+2+.5l 72, 272.23

2+,9 5 8 .0 0
3,572+.62
15,920.1+6
12, 316.66
1,1+91.52 6,901.37
1, 920.38
1+7,083.01

562.13 672.92
3,189-37 2+,833.87 1,360.13 1,115.92+
12, 221+. 13 23, 958.2+9

100.00 2+52.63
32.88
62+5.22 1,230.73

STUDENT WELFARE

Dean o f Women

*

Student Personnel

Placem ent Bureau

Student H ospital

V oluntary R eligious A ctivity

Lake L au rel

Camp Ray

TOTAL STUDENT WELFARE i

5,586.11
3,1+77 .62 1, 12+6.86
16,372+. 18
2, 016.60
837.62+
162.58
" 29,601.59

5,317.28 3 ,2 9 9 .1 5
1, 020.00 10, 026.26 2, 016.60
2+98.60
117.39
22, 295.28

268.83
178.2+7
126.86
5.773-1+8
339.02+
1+5.19
6.731.87


572+.2+1+ $ 71+.1+1+

PHYSICAL PLANT O peration
LIBRARY

1 91,785.83 * 33. 265.62

53,2+2+8.20 3 5 .7 6 5 .5 8 2 ,5 7 2 .0 5
18, 901.63 1, 192+.2+5 13, 169. 51+

INSTRUCTION

A rt

$

B io lo g y

Business A dm inistration

Chem istry

E d u c a tio n

E n g lish

French and Spanish

General In s tru c tio n a l Expense

H e a lth <& P h y s ic a l E d u catio n

H istory

Home Economics

Home Management

M athematics

Music

Nursery School

Peabody

P h y sic s

Social Studies

Summer School

Philosophy, Psychology &

R eligion

TOTAL INSTRUCTION



n . 637.99
15,81+7.69 27.385.1+3
12, 976.29
2 0 ,7 0 0 .6 8
39.21+7.37
15, 02+2.16
12,375.33 27,02+9.32+
11, 198,51
2 8 ,0 9 6 .8 5 3 ,6 8 1 .6 8
9, 006.2+3 31, 866. 12+ 6, 692+. 32+
235,.963o22+..355i+ 28.81+9.77
20.578.69 32,02+5.00

10,732.25
12+, 136.29 21, 286.23
7 ,8 3 7 .5 9
20, 016.95 38, 769.71+
ll+,621.70
3. 678.31
2lt.675.77
11, 196.00 23, 62+0.69
8, 813.52 25, 2+o2+.15 5, 191. 02+
53,150,27
3, 036.17 20, 2+60.30 32, 02+5.00

590.1+9 3 1 5 .2 5
1, 1+61.02 250.38

1.716.33
2+,6 9 3 .8 5
653.39
127.31
158.56 8, 697.02

2+, 382.87
1+2+2+.85
30.32+ 350.32
261.90

2,373.57

2.51 2,858.89 1,597.27 3 ,6 8 1 .6 8

192.91
2 ,0 5 3 .0 9 2+,i+08.90

1,503.30
1, 631.85 501. 21+
93.U1

67.13
2+.98

10,763.91

10,52+9.20

211+.71

3 8 5 ,7 3 0 .7 2 28,81+9.77 32+9,22+1.17 3 3 ,2 0 5 .1 3 12, 132+.19

ORGANIZED RESEARCH

i 1 ,3 3 3 .3 0 3, 000.00 1, 912.90 1. U 5.35 1 ,0 0 5 .0 5

EXTENSION V o c a tio n a l Home Economics Extension & Correspondence TOTAL EXTENSION TOTAL EDUC. & GEN. EXPEND.
NON-EXPENSE T ransfer to P lan t Funds
TOTAL EDUC. & GEN. DISB.

Fund C la s s if ic a tio n

T otal

R estricted

O bject C la ssific a tio n O perating
S alarie s Supplies & Wages & Expense Equipm ent

$

1, 626.66 2 6 ,1 6 3 .0 7

20,523.72
1, 626.66

4,937.65

701.70

f ~ 1 ,6 2 6 .6 6 26Y163.O7 2 2 ,1 5 0 .3 6 14, 937.65 701.70

{ 595*615.95 58, 012.814 515,032.57 1 0 7 ,2 0 8 .5 2 3I . 387. 7O

$ 22, 001.60 $ 617, 617.55

B. AUXILIARY ENTERPRISES C afeteria Dining H all Laundry L iv esto ck S tudent Union Residence H alls A tk in so n Beeson B e ll and Annex Ennis Mansion M ayfair Sanford T errell M iller, etc. P ark h u rst

$ 25.292.92 237.931.01*
31, 628.92
3,71*6.76
23. 2U 4.22
7.92. 5I4
7 ,6 8 0 .9 9
13, 626.95 7, 883.12
2,8914.72
2. 9U4.13
8.452.142 21,5142.50
2, 565.I4O
3,21474*2

10,006.37 114, 902.81 I41, 572.88 1 8 7 ,2 2 8 .5 0 22. 3I4I4.I49 5, 6^.142
83.19 3. 663,57 3. 673.314 19. 1*56.36

383.71*
9, 129.66 3, 615.01
II I 4.52

i*, 555.1*8 3, 137.06 14,089.61 3. 536.56 7. 530.26 5 ,7 6 6 .8 3
I4,7l46.6l4 3,136.148
830.56 1,6314.20 1.733.U * 1, 210.69
14,1489.30 3 .7 9 6 .8 2
10,088.99 11,1*53.51
5 8 1 .1I4 1, 9814.26
l4l|l4.90 2,7C4.86

5U.82
329.86 1429.96 166.30
97.66

TOTAL AUXILIARY EXPEND.
NON-EXPENSE T ran sfer to P la n t Funds
TOTAL AUXILIARY DISBURSE.

$ 1400,3714.05
$ 140,909.80 $ 1*1*1.283.85

1 1 6 ,7 7 0 .5 9 2 6 9 ,2 8 1 .9 3 4 .3 2 1 .53

C. OTHER NON-EDUCATIONAL SCHOLARSHIPS TOTAL CURRENT EXPENDITURES
NON-EXPENSE
TOTAL CURRENT DISBURSEMENTS

$

3, 069.00

3, 069.00

$ 995, 990.00 61,081.814 631, 803.16 379,559.U 5 I45, 7O9.23

$ 62, 911.140

$1,058*901.140

STATEMENT OF OPERATION OF RESTRICTED FONDS For Year Knded June 3 0 , 1950

A. EDUCATIONAL AND GENERAL Baldwin County V o c a tio n a l Home Econom ics

B alance

................ D is b u rs e - b a la n c e

Beginning R eceipts

m ents

End

Of Year

For Year For Year

Of Year

----------------------------- -----------------------------------------------

$ -2 ,0 8 8 .9 0 $30*352-142 $28,8149*77 $ - 6 0 6 .2 5
"7*551*33 25*858.146 2 6 ,163.07 -7835*9h

-136-

EDUCATIONAL AND GENERAL (C ont' d ) R ockefeller Foundation
TOTAL EDUCATIONAL & GENERAL

B alance Beginning
Of Year

R eceipts For Year

D isburse m ent s
For Year

$ 3, 000,00 $ 3, 000.00
$ -9 ,6 2 0 .2 3 $ 5 9,190,88 $58,012.814

Balance End
Of Year

B. OTHER NON-EDUCATIONAL S ch o larsh ip s A. A. Lowe Fluid Thomaston M ills Trebor Foundation S y lv e s te r Mumford M emorial Awards W rite r* s Fund
TOTAL OTHER NON-EDUCATIONAL TOTAL RESTRICTED FUNDS

4 156.77 $ 100.00 $ 150.00 $ 106.77

1, 000.00

1, 000.00

1I4. 8I4

114. 8L

2, 9149.26 14,665.70 2, 919.00 l+,695.96

100.00

100.00

4 3 ,2 2 0 .8 7 $ 5 ,7 6 5 .7 0 $ 3, 069.00 4 5. 917.57

1- 6, 399.36 $6f+,956.58 $ 61, 081.85 4 2. 52U.62

STATEMENT OF TRUST FUND BALANCES Year Ended June 30 1950

BALANCE OF PRINCIPAL, BEGINNING OF YEAR

Endowment Flinds

Loan Funds

T o tal Funds

$203, 609.16 $llj+,250.1+9 $ 3 1 7 ,8 5 9 .6 5

ADDITIONS* G ifts and G rants Income on In v estm en ts Gain on S ale o f Investm ents T ran sfer from U n iv e rsity of Georgia C o rre c tio n o f Old Notes
TOTAL ADDITIONS

$

9*07

U ,765.70

7, 311.68
2 ,1 8 6 .8 2

7 ,3 2 0 .7 5
6. 952.52

1+65.67

1+65.67

2 ,3 6 9 .7 9 220.37

2 ,3 6 9 .7 9 220.37

$ 5,2l40.l4l+~ $ 1 2 ,0 8 8 .6 6 $ 1 7 ,3 2 9 .1 0

DEDUCTIONS: Refunded to Donor T ran sfer to R e s tric te d Funds C o rre ctio n o f Old Notes
TOTAL DEDUCTIONS BALANCE OF PRINCIPAL, END OF YEAR

$ b ,765.70
T 1+,7 6 5 .7 0 $20/4, 003.90

$ 232.90
156.00 * 388.90
$125,950.25

$ 232.90
U .765.70
I 56.OO * 5. I 5I+.6O $330, 031+. 15

SUMMARY OF TRUST FUND INVESTMENT For Year Ended June 30# 1950

ENDOWMENT FUNDS Bonds, U. S. Parkhurst H all TOTAL ENDOWMENT FUNDS
LOAN FUNDS Bonds, U. S. Bonds, Commercial Student Notes R eceivable TOTAL LOAN FUNDS
TOTAL TRUST TONDS

. -137.

Book V alu e ------- = $ 53,300.00
151, 1+69.14.7 $20L+,769
$ 9U ,536.50 5 ,2 5 0 .0 0
16, 1314.76
$115,921.26
4 3 2 0 .6 9 0 .7 ?

STATEMENT OF TRUST FOND BALANCES BY FUND

For Year Ended June 30, 1950 K

ENDOWMENT FUNDS

Fund B alance

B eg in n in g

Of Year

A dditions

Fluid B alance End o f
Deductions Year

A* A* Lowe S y lv e s te r Mumford M emorial
TOTAL ENDOWMENT FUNDS

$ 1+, 000.00 $ 100.00 $ 100,00 $ 1*,000.00 199*609.16 5, 11*0.1*1* 1**665.70 200, 083.90
$203, 609.16 $ 5, 21*0.1*1+ $1*,765.70 $2Ql+,083.90

LOAN FUNDS A tla n ta GSCW Alumnae E arl Bailey J . L. Beeson C a l l i e C h r i s t i e B e l l , DAR L. D. W im berly B rid g e s , DAR C o rrie Hoyt BrownChappell Scholarship F a c u lty Loan FUnd H isto ry Club Home Economics GSCW S tu d e n t D efense L. Morel A lic e W. S h in h o ls e r, No* 1 A lic e W* S h in h o ls e r, No* 2 Anna Brown Sm all Josep h M. T e r r e l l Fannie Trammell P h ilo S* B ennet Brace B eatty Watson Gen* David B lack sh ea r Thomas E* M itc h e ll Thomaston M ills Loan S y lv e s te r Mumford
TOTAL LOAN FUNDS

$ 100.00 il06.96 ,
l , 27i*.80 180. 31* 200.00

95.75 25.00 67.95

25*580.32
2, 158.88 10, 265.31

917.87
1*3.75 I 3I .25 $

267.15 232.90

536.50
1, 761*.00
1*535.15
1, 1*27.61

31.25
61.00 25.00

11, 11*9.06 6, 890.88 1, 057.88

37.50
225.00 125.00 12.50

188.35
250.00

1+3,587.67 3 ,2 3 2 .2 9

6, 990.82

3 ,2 5 k .1+2

68.75

$ 111*, 250.1*9 $ 1 2 ,0 8 8 .6 6 1

101.00 232.90 55.00
388.90

$ 100.00
500.71 1 ,2 9 9 .8 0
256.27
200.00 26, 1*98.19
2, 202.63 10, 295.56
267.15
536.50 1 ,7 9 5 .2 5
1, 596.15 1, 1*52.61
1,971.81
11, 319.06
7 ,0 1 5 .8 8 1,070,.38
188.35 250.00 1*6, 819.96 6, 990.82
3*323.17
, 125, 950.25

TOTAL LOAN ic ENDOWMENT FUNDS

, 517. 859.65 $ 1 7 ,3 2 9 .1 0 $5, 151+.60 $330,031*. 15

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1950

CURRENT FUNDS G eneral R estricted A uxiliary
TOTAL CURRENT FUNDS

Cash Balance R eceipts D isbursem ents Cask balance

J u ly 1 , 19l*9 For Year

For Year

June 30, 1950

$ 30,1*80.1*1 -6 ,3 9 9 .3 6
63.577.79 $ 87,658.81+

$ 60l*,687.05 61*,956.58
1*62,653.51+
$1,132,297.17

$ 617,617.55 61,081.81*
1*1*1,283.85
$1;, 119, 983. 2!+

$ 17,51+9.91 -2 ,5 2 4 .6 2 8!*,9l*7.1*8
$ 99,972.77

AGENCY FUNDS PLANT FUNDS

, 11,186.95 $ $69,287.11 $

72,736.11+ $ 77,911.1+0 $

72 ,1 5 9 .6 1 $ 11,763.1+8
9 7 ,1 9 8 .5 1 $ 50, 000.00

TRUST FUNDS Loan funds Endowments TOTAL TRUST FUNDS
TOTAL

$ 32,101.85 $
17, 109.16 $ 1+9, 211.01 $

12,208.1*7 $
27,1+70.97
39,679*W+ 1

3U,281.33 $ 10,028.99

1*5,265.70

- 685.57

7 9 ,^+ 7.03 $ 9 ,3 l+ 5 .k

'NJ

, 217. 31*3.91 $ 1 ,3 2 2 ,621+.15 $ 1., 368, 888.39 $ 1 71,079.67

-158-

BANK BALANCES

M ille d g e v ille B anking Company, M ille d g e v ille , Ga. E duoational & General Account A uxiliary E n terp rises Acoount H o s p i t a l i s a t i o n 5c In s u ra n c e A ccount T ru st Funds
Exchange Bank, M ille d g e v ille , Georgia S tudent Bank Account Student A c tiv itie s Acoount
TOTAL

$ 22,607.72 121, 1+1+7 .1+8
3,261+.1+3 13, 260.99
1162,560.62
$ 397.39
8 , 101.66
$ 8,1+99.03 $171.079.67

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1950

Cash Balanoe R e c e ip ts D isbursem ents Cash B a l. J u ly 1, 191+9 For Year For Year June 3 0 , 1950

H o s p i t a l i s a t i o n 5c In s u ra n c e A ccount Student Bank Acoount Student A c tiv itie s Account:
Y. W. C. A* Refugee Fund C ollege Government A sso cia tio n C. G. A. F ilm Fund Sjpeakers-Lyceum R ecreation A ssociation Senior Class Ju n io r Class Sophomore C lass Freshman Class Colonnade Spectrum General Expense (C orinthian) C oca-C ola Rec Fund
TOTAL STUDENT ACTIVITIES ACCOUNT

$ 1,955.81+ $ 13, 285. 8!+ $ 1 1 ,9 7 7 .2 5 $ 3, 261+.1+3

9 1 7 .2 6 37. 51I+.I8 38,03l+.05

397.39

56.95 1, 610.12
372.15
930.96 - 3.05
21.9*4
55.81+ 7.77
2, 1+37.06
2 ,7 8 3 .7 6
206.57 - 63.95
- 102.27
$ 8,313.85

823.20 1, 608.1+1
3U5. I 7
181.11+
2, 352.00
1+57.26
83I+.8I

867.96 2, 250.00
366. 1+2 IO3. 7I
2 ,3 5 3 .3 8
3O8.33 856. l l

U05. I 9 235.20

1*21.73
188.50

235.20

229.51

961.16 1, 236.25

7 ,0 6 5 .2 7
5.65 I 5.OO 6, 1+11.1+6

6,659.1+9 30.25
6, 27l+. 67

$21, 936.12 $22,11+8.31

I 2. I 9
968.53
3I+8. 9O
77.1+3
929.58 ii+5.88
61+
39.30
5U.i*7 5.69
2,161.97
3,189*51+
I 8I .97
- 1+8.95 3t*.52
$ 8, 101.66

TOTAL AGENCY FUNDS

$ 11, 186.95 $72,736.11+ $ 7 2 ,1 5 9 .6 1 $11, 763.1+8

BALANCE, BEGINNING OF YEAR

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1950

Funds fo r

P lant



A dditions

$69,287.11

Debt S e rv ice

T o ta l
$69., 2 8 7 .11

ADDITIONS: Governmental A ppropriations - S ta te of Georgia T ran sfer from G eneral Funds T ransfer from A u x iliary Funds
TOTAL ADDITIONS

15. 000.00

15, 000.00

22, 001.60

22, 001.60

33.501+.27 $7,1+05.53 1+0, 909.80

70, 505.87 $7,1+05.53 1 7 7 , 911. 1+0

-139-

DEDUCTIONS: Expended fo r P lan t A dditions Land Nursery School Lot B u ild in g s and a d d itio n s o th e r th an b u ild in g s R u ra l Home Management House Nursery School B uilding R ussell Library Mansion Annex T e r r e ll and T e r re ll A Parkhurst H all TOTAL BUILDINGS 9c ADDITIONS Equipment P arkhurst H all
TOTAL EXPENDED FOR PLANT ADDITIONS
Loans R epaid - Endowment Funds
Other D eductions I n te r e s t on Indebtedness Expenditures not C ap italized Atkinson H all B e ll H a ll 9c Annex Montgomery S tr e e t House TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds fo r P lant
A dditions

Debt S e rv ic e

T o tal

2, 500.00
15, 001.60 6, 000.00
21, 856.80 12, 500.00
5,163.70 2.1*55*33 62,977.1*3
9 ,5 4 6 .2 8

2, 500.00
15, 001.60 6, 000.00 21, 856.80 12, 500.00 5, 163.70
2 ,4 5 5 .3 3 62,977.43
9,546.28

7 5 ,0 2 3 .7 1

75,023.71

3.530*53 3. 530.53

3, 875.00 5 ,8 7 5 .0 0

1, 265.00
13,004.27
500.00
1 4 ,7 6 9 .2 7

5 , 75.00

1, 265.00
13,004.27
500.00
18,644.27

89,792.98 7,405.53 97,198.51

50, 000.00

50, 000.00

SUMMARY OF INVESTMENT IN :PLANT As o f June 30, 1950
VALUE OF PLANT, JULY 1, 1949
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u catio n al and G eneral Funds and included in C urrent E xpenditures Expended from A u x ilia ry E n te rp ris e Funds and in clu d ed in C urrent Expenditures Adjustm ent fo r P rio r Years TOTAL ADDITIONS

VALUE OF PLANT, PLUS ADDITIONS - JULY 1 , 1949
DEDUCTIONS DURING YEAR B uild in g s Demolished
VALUE OF PLANT, JUNE 3 0 , 1950
DEDUCT: Loans p a y a b le to Endowment Fund

INVESTMENT IN PLANT, June 30, 1950

-140-

ti*.,1 7 7 ,5 0 0 .5 4
7 5 ,0 2 3 .7 1 31,387.70
14, 321.53
47.00 120,779.94 4 ,2 9 8 ,2 8 0 .4 8
4 ,5 0 0 .0 0 4 ,2 9 3 ,7 8 0 .4 8
151,469.47 ^ 1 4 2 ,3 1 1 .0 1

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1950

A. LAND
Main Campus Ennis-M ansion

19-2 A cres
3 Acres

M ayfair Lot

Peabody

2 ^ Acres

Boddie Lot - Peabody

R ivers Lot - Peabody

G ilb ert Park L ot-W ilkinson & Montgomery

L ot-C olum bia St Green

Humber L ot Sanford H all Lot Government Park

Lot-M ontgom ery St Wayne

Barnes Lot . G ils tra p House - Lot

Montgomery S tr e e t Lot

Nursery School Lot Lake L au rel A rea - Off-Campus

Camp Ray - Off-Campus

TOTAL LAND

Year A cq u ired
1939 1937 19U0 19U6
I 9I4.6
I9b& 19U7 1914+ 1937
19U3 19
l9b k
19U8 1950 1938 19^+1

Investm ent' Beginning
Of Year

A dditions

Investm ent End
Deductions Of Year

$ 110, 000.00 50, 000.00 7, 500.00 6, 000.00 700.00

1,800.00
10, 000.00 U ,500.00 5, 000.00 3, 500.00 6, 000.00 10, 000.00 U, 500.00 2, 000.00 2, 000.00 3, 000.00
$
7, 500.00 7, 500.00

2, 500.00

21+1, 500.00 $ 2, 500.00

1 110, 000.00 50, 000.00 7, 500.00 6, 000.00 700.00
1 ,8 0 0 .0 0
10, 000.00 i+, 500.00 5, 000.00 3, 500.00 6, 000.00 10, 000.00 1+, 500.00 2, 000.00 2, 000.00 3, 000.00 2, 500.00 7, 500.00 7, 500.00 * 21+1+, 000.00

B. BUILDINGS A rts H all A tkinson H all
Beeson H a ll

1927 $ 92, 650.00

1897

210, 000.00

1937

110, 000.00

92, 650.00 210, 000.00 110, 000.00

B e ll and Annex

1925

Chappell H a ll

1908

Education B uilding

1927

Ennis H all

1918

H e a lth St P h y s ic a l E d u c a tio n B ld g . 1939

Home Management H ouse-G reen S t* 191+7

200,800.00
107, 500.00 51, 850.00 113, 1+00.00 150, 000.00 37, 500.00

200,800.00
107, 500.00 51, 850.00 113, 1+00.00 150, 000.00 37, 500.00

R ussell Library Mansion Annex The Mansion

1928
I 898 I 89I

77, 500.00 $ 21, 856.80 51, 500.00 12, 500.00 65, 000.00

9 9 .3 5 6 .8 0
6L+,000.00 65, 000.00

M ayfair H all M ille r Memorial H a ll

1939

20, 000.00

19^3

50, 000.00

20, 000.00 50, 000.00

Nursery School

1937

1+ ,500.00

#i+,500.00

P arkhurst B all, Parks H all Parks Memorial H o sp ita l Peabody High School Peabody Elem entary School

19U9 1925 1929 1927 1939

155. 000.00 107, 000.00 50, 600.00 50, 250.00 130, 000. 00-

2, 502.33

157, 502.33 107, 000.00 50, 600.00 50, 250.00 130, 000.00

P o rte r H all A uditorium Annex R ussell Auditorium Sanford H all T e rre ll H all T e r r e ll Annex A

1939 1928 1939 1909 1922

108,100.00
116, 850.00 137, 500.00 118, 500.00 50, 000.00

5. 163.70

108,100.00
116, 850.00 137. 500.00 123, 663.70 50, 000.00

T e r r e l l Annex B St C

1922

125, 500.00

125, 500.00

Log Hut

1921+

3, 500.00

3, 500.00

Club House St O uthouses-L ake L a u re l 1938

5, 000.00

5, 000.00

BUILDINGS (C ont*d) U tility B uilding
G ils tra p House Nursery School R u ra l Home Management House
TOTAL BUILDINGS

Year A cq u ired

InvestmentInvestment

B eg in n in g

End

Of Year_____ A d d itio n s D e d u ctio n s Of Year

19U5 # 50, 000.00

# 50, 000.00

19W* 1950
1950

5, 000.00 # 6, 000.00 15, 001.60

5, 000.00 6, 000.00 15, 001.60

#2, 555, 000.00 #63, 02I+.i+3 #1+, 500.00 t 2. 613. 52u .u 5

C. IMPROVEMENTS OTHER THAN BUILDINGS E le c tr ic W ater C oolers Campus Equipm ent Tennis Court L ig h tin g System Landscaping Campus B e ll System Campus E l e c t r i c a l System H eating System W ater System Swimming P ool and Equipm ent
TOTAL IMPROVEMENTS

# 3, 500.00 3, 500.00 2, 750.00 10, 000.00 1, 500.00
1+6, 000.00 200, 000.00
19, 000.00 25, 000.00 # 311, 250.00

# 3, 500.00 3, 500.00 2, 750.00 10, 000.00 1, 500.00
1+6, 000.00 . 200, 000.00
19, 000.00 25, 000.00 # 311, 250.00

D. EQUIPMENT A dm inistrative P hysical P lant L ib ra ry In s tru c tio n Organized Research E x ten sio n C afeteria Dining H alls Laundry Parkhurst H all Residence H alls S tudent Union H ospital R elated A c tiv itie s TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

# 18, 1*02.63 # 1 ,2 3 0 .7 3

197. 7U9.55 2 ,5 7 2 .0 5

223,559.1+6 13,169.514

228, 031.98 12,131*. 19

2 ,5 6 3 .5 0 1, 005.05

827.25

701.70

12, 681+.96

383. 71+

122,869.144 9, 129.66

39, 1*01.03 3, 615.01

2, 000.00 9,61*3.91+

183,837.21

980. 9I4

22. 905.u 2

111*. 52

9 ,8 9 3 .9 7
5, 02U.ii+

571+.14+

tl.0 6 9 .7 5 0 .5 U t 55. 255.51

# 19, 633.36 200, 321.60 236, 729.00 21*0, 166.17 3. 568.55
1,528.95
13, 068.70
131,999.10
1+3, 016. 01+ 11, 61*3.91+
181*,818.15
23,019.91+
10, 1*68.1*1
5,02l*.ll+
# 1, 125, 006.05

U ,177,500.5U #120,779.91+ #U ,500.00 #1+,293, 780.1+8

AI

J

[ *

ft V
nJ j, !L

> 1 i. J>
1
{j

-142-

a ft #
&A p I

GEORGIA TEACHERS COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 30, I 95O
u
Georgia Teachers College Statesboro, Georgia
-143-

BALANCE SHEET June 30 1950

ASSETS

CURRENT FUNDS A. GENERAL Cash in Bank Accounts R eceivable TOTAL GENERAL FUNDS

# 63,i+17.72
i+,88l+.20
# 68,301.92

B. AUXILIARY Cash in Bank Aocounts R eceivable Stores (In v en to ries) U. S. Bonds TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

# 1+7,768.69 3,300.80
16,1+18.1+1 100, 090. 01+
#

167,577.91+


235,879.86

I I . AGENCY FUNDS Cash in Banks
TOTAL AGENCY FUNDS

$ 8,59Q.56
$ 8, 590.56

I I I . PUNT FUNDS A. UNEXPENDED Cash in Bank

# 15, 000.00

B. EXPENDED Lands B u ild in g s Improvements o th e r than B uildings Equipment TOTAL EXPENDED

# 1+8, 899.00 668, 392.00 22,803.76 303, 686.36

#1, 01+3 , 781.12

TOTAL PLANT FUNDS

#1, 058, 781.12

TOTAL ASSETS

#l,503,g51.5l+

-144-

BALANCE SHEET June 30, 1950

I . CURRENT FUNDS A. GENERAL A ccounts Payable U nearned Income Purchase O rders O utstanding S u rp lu s TOTAL GENERAL FUNDS
B. AUXILIARY Purchase O rders O utstanding U nearned Income Reserve fo r S tores S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Fund B alances
TOTAL AGENCY FUNDS.
I I I . PLANT FUNDS A . UNEXPENDED Fund B alance
B. EXPENDED Invested in P lant
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

LIABILITIES

$

22.1+5

2 2 ,8 9 5 .7 5

1,552.77

1*3,830.95 $

68,301.92

$ 190.00
1 8 ,2 0 0 .0 0
16, 1+18.1+1
132,769.53

167,577,91*

$ 235,879.86

$ 8,590.56 $ 8,590.56

$ 15,000.00
$1, 01+3, 781.12 $1,058,781.12
$1,303,251.51*

-145-

STATEMENT OF CURRENT INCOME For Y ear Ended Ju n e 3 0 , 1950

A . EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atriculation H ealth S ervice Summer S e s s i o n O ther TOTAL STUDENT TEES
PUBLIC APPROPRIATIONS S ta te o f G eorgia B ullooh County TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES P ro p erty R entals M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
JXILIARY ENTERPRISES BOOKSTORE
DORMITORIES E ast H all Lewis H a ll Sanford H all W est H a ll TOTAL DORMITORIES
DINING HALL
COTTAGES
FARM
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

G eneral Incom e
$ 68, 920. 8i+
111,680.68 5,518*79
U6, 1 0 3 .0 ^
3 ,9 9 5 .3 3
$236, 216.68
$151,590.00
16, 55^.00
$ 1 6 8 , IZ4JL4.00
$ 2, 139.50
2 ,1 8 7 .7 5 i k , 327.25
$1408,687.93
$ 145,101.91+
$ 9,225.50 6 ,1 5 9 .3 0
2 1 ,U 0 5 .2 5 8,1462.00
$145,252.05
$180,585.31 $ 3,6147.00
8,361.145
$282,9147.73
$691. 635.68

f
A
:I
4*
if; iI V

-146-

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A . EDUCATIONAL AND GENERAL
ADMINISTRATIVE & GENERAL
Dean B usiness O ffice G eneral P resident P u b licity R egistrar
TOTAL ADM. A GENERAL

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

A Wages

A Expense Equipment

$ 6,817.36 $ 6,511.56 $ 213.60 $ 92.20

11,780.09 8.52U-92

2U0.57 3,031*.60

17,1*63.144 10,370.98

U8U.75 10,096,65

16,259.19 175.61

719.50 98.72

3U91.8 3.2U5.36

2U6.50

14,7143.80 U.69U.12

1*9*68

5U.667.53 33.557.36 $ 17,185.15 $ 3.925.02

STUDENT 'WELFARE H ealth S ervice Placem ent Bureau TOTAL STUDENT WELFARE
PLANT OPERATION
LIBRARY

$ 3,523.35 $ 3,135.96 $ 1,119.92 1,100.00
$ U,6/43.27 i ~ U,235.9

387.39 19.92 U07.31

$ 52,979.62 $ 26,863.55 $ 23,129.27 $ 2,986.80

$ 21,006.60 $ iU,936.79 $ l,36U.73 $ U,705.08

INSTRUCTION A rt B iology C hem istry Commerce E ducation E nglish Home E conom ics In d u s tria l A rts Lab* High S chool E lem entary School M athem atics Modem Languages M usic P hysioal E ducation P h y sio s S o cial Science Speech Summer S ch o o l
TOTAL INSTRUCTION

$ U,031.21 $ 3,580.00 $ 7,112.65 6,850.00

280.17 $ 171.oU

8U.65

178.00

14,998.88 U,200.00

798.88

12.8U5.51 10,100.00

700.96 2,0UU.55

19.93U.U0 19.705.U8 11,285.146 11,269.80

6.99 15.66

221.93

8,708.78 6,780.00 1,021.85

906.93

13.3Ul.13 10,878.88 1,759.29

702.96

25,626.1*9 13,981*.06

23,205.75 13,566.09

1,120.16 1,300.58

UU.97

373.00

U.3U6.09 U, 330.67

15.U2

2,700.91 2,650.05

50.86

19iU+3.10 17.U77.Uo 3,180.1*2

lU.3i9.OO 12,792.58 2,925.00

i ,506.3U 3.617.76 2,339.07 2.3U5.75
255 .U2

17.6U3.78 17,058.63 2,650.05 2,650.05

255.15

330.00

3U.296.l4O 33,663.68

632.72

$223,606.72 $200,525.66 $ 10,837.70 $12,2U3.36

EXTENSION

5.757.5U $ 5,700.00 $ 57.5U

TOTAL EDUC. A GENERAL EXPEND. $362,661.28 285,819.32 52,981.70 23,860.26

NON-EXPENSE* T ran sfer to P la n t Funds TOTAL EDUC. A GENERAL DISB.

$ 2,803.76 $365,U65.0U

B . AUXILIARY ENTERPRISES BOOKSTORE

$ Ui.U33.U8 $ 3 ,Uh .o6 37.872.U2 $ 150.00

AUXILIARY EXPENDITURES (C o n tin u e d ) DORMITORIES E ast H all Lewis H a ll Sanford H all West H all C ottages TOTAL DORMITORIES
DINING HALL
FARM
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE? Transfer to P lant U. S . Bonds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

T o tal

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

$ 9.396.10 6 ,2 3 ^ .7 6
20,691+. 85
11, 81+0.13
5,72i+.09
$ 53,889.93

$ l+,577.32
1+, 825.63
8.701+.31+
6, 697.22 2, 086.30 $ 26, 890.81

$ 2,212.89 1,1+09.13 5,1+38.65
i+,218.1+7
2,950.51
$ 16, 229.65

$ 2,605.89
6, 551.86
92l+.l|1+
687.28
$ 10,769.1+7

$ 1 6 2 ,5 7 3 .0 7 $ 29,167.1+9 $132,1+31.61+ 9 7 3 .9U
$ 12, 073*82 5. 983.52 $ 1+, 172.25 $ 1 ,9 1 8 .0 5 $269,9 7 0 .3 0 $ 65, 1+52.88 $ 1 9 0 ,7 0 5 .9 6 $ 13, 811.1+6

$ 18,01+2.00
100, 090. 01+ $388, 102. 31+
$632, 631.58 $ 3 5 1 ,2 7 2 .2 0 $21+3, 687.66 $ 3 7 ,6 7 1 .7 2

STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30, 1950

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

B alance

R eceipts D isbursem ents

B alance

J u ly 1 , 19i+9 For Year

For Year June 30, 195

$ 20, 19l+.83 tU 0 8 ,6 8 7 .9 3 $365,1+65.01+ $ 63,1+17.72 1 5 2 ,9 2 3 .2 8 282.9U 7.75 388, 102. 31+ 1+7, 768.69
$173,118.11 $691,635.68 $753,567.38 $111,186.1+1

$ 20,81+5.76 $ 5,81+5*76 $ 15, 000.00

$ 7, 172.28 78, 707.65 $ 7 7 ,2 8 9 .3 7 $ 8 ,5 9 0 .5 6

$ 1 8 0 ,2 9 0 .3 9 $ 7 9 1 ,1 8 9 .0 9 $836, 702.51 $13l+,776.97

BANK BALANCES

B ulloch County Bank Sea Isla n d Bank
TOTAL

$ 1+1+, 125.16 90,651.81
ft3 776.97

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1950

Student A c tiv itie s S tu d en t Bank R etirem ent W ithholding Tax Group In su ran ce
TOTAL AGENCY FUNDS

Fund B alance

R eceipts
r 12.52 $ 17, 686.98 i+,371*31 28, 299.59 91+5*81+ 8, 952.39

1, 681.27 22, 123.50

161. 3+

1,61+5.19

D is b u r s e - Fluid Balance

$ 17,528.93 $ 170.57

27,683.53 8,717.1+5
21, 75l+.57

!+,987*37
1, 180.78 2, 050.20

l,6ol+.89

201.61+

$ 7,172.28 $ 78,707.65 $ 77,289.37 $ 8,590.56
-148-

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1950
BALANCE, BEGINNING OF YEAR

Funds fo r P lant
A dditions f ------- =

ADDITIONS* T ran sfer from G eneral Funds T ran sfer from A u x ilia ry Funds TOTAL ADDITIONS

DEDUCTIONS* Expended fo r P la n t A dditions Boys * D orm itory Stadium
TOTAL EXPENDED FOR PLANT ADDITIONS

BALANCE, END OF YEAR

VALUE OF PLANT, JULY 1 , I 9U9

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1950

ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u catio n al and G eneral Funds Expended from A u x ilia ry Funds in C urrent E xpenditures A djustm ent fo r P rio r Years TOTAL ADDITIONS

VALUE OF PLANT, PLUS ADDITIONS

DEDUCTIONS DURING YEAR P ro p e rty Worn Out o r D isposed o f TOTAL DEDQCTIONS

INVESTMENT IN PLANT, JUNE 3 0 , 1950

2 ,8 0 3 .7 6
1 8 ,0142.00
f 20, 81+5.76
$ 3, 01+2.00
2, 803.76 $ 5, 814.5 . 7s
$ 15,000.00

$ 9U7.72U.87

5. 8U5.76 23,860.26

13, 811.1+6 52,838.77
$

96, 356.25

$ 1 ,0 U U ,0 8 1 .1 2

$ 300.00 $

300.00

$1,01+3,781.12

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30, 1950

A . LAND Campus O ff Campus TOTAL LAND
B. BUILDINGS Boys * D orm itory A dm inistration L a b o rato ry High School E lem entary School New S c ie n c e H a l l

Year A cquired
1907 1907

Investm ent B eg in n in g
Of Year

A dditions D eductions

Investm ent End
Of Year

$ 22,221.00 $ 7 ,5 53.00 1 9 ,1 2 5 .0 0
| 1+1 , 31+6.00 1 7 ,5 5 3 * 0 0

$ 29.77U .00 1 9 ,1 2 5 .0 0
~ T U8,899,00

P la n s
1907 1937 1932 19U7

$ 1 0 0 ,0 0 0 .0 0
70,000.00
15, 000.00 1 5 , 000.00

$ 3,01+2.00

$ 3,01+2.00
100,000.00

70. 000.

00

15 . 000.

00

1 5 , 000.00

-149-

BUILDINGS (C ontinued)

Old Scien ce E a ll

Library-

East H all

Lewis H all

Sanford H all

West H all

Anderson H all

Gymnasium

In d ustrial Arts

Health Cottage

Store-Post O ffice

Warehouse

Farm B u ild in g s (6 )

Dean's Cottage

Sycamore C ottage

Paige House

Pecan Cottage

The Oaks

V e te ra n A p t. " Am

Veteran A pt. "B"

Yellow Cottage

Watchman's C ottage

Farm House

Cook* s House

Burden Shanty

Johnson Shanty

Johnson Farm House

"

" Feed Barn

"

n Log Barn

"

n Garage

Farm

Hand

House w

$^12

Garages Pump House R eel House H eating P lan t

TOTAL BUILDINGS

Year
A c q u ire d
1936 1937 1907 1937 1937 1907 1920 1932 19U8
1936 1936
1935 193U 1935 1938 1939 1935 1935
I 9U7
19U7 1925 1938 193U 1935 1935 1935 19Wl
I 9A4U
19^ 19I4I+ 1935 1935 1936
1938 1938
1927

Investm en t Beginning
Of Year

A dditions Deductions

Investm en t End
Of Year

$ 5,000.00 $ 5,000.00

1+0,000.00

1+0,000.00 10,000.00

50,000.00 10,000.00

80, 000.00

1+0,000.00 5,000.00

30,000.00

35,000.00 10,000.00

35,000.00

5,000.00

2,000.00

2,000.00

2,950.00

i+50.00

6,000.00

5,000.00

5,000.00

i+, 000.00

3,500.00

5,000.00

5,000.00

U ,500.00

3,500.00

h t 500.00

500.00

500.00

300.00

3,000.00

750.00

$ 10,000.00 140.000. 00 50.000. 00 60.000. 00
8 0 .0 0 0 . 00
1+5,000.00 30.0 00 . 00 i+5,000.00 35.0 0 0 . 00
5 .0 0 0 . 00 2 .0 0 0 . 00 2 .0 0 0 . 00 3,1+00.00 6 .0 0 0 . 00 5.0 0 0 . 00 5 .0 0 0 . 00 U ,000.00 3.500.00 5.0 0 0 . 00 5 .0 0 0 . 00 U, 500.00 3.500.00 U ,500.00
500.00 500.00 300.00 3 .0 0 0 . 00 750.00

300.00 300.00 500.00 300.00 300.00 300.00 200.00 5,000.00

$300.00 300.00 500.00 300.00 300.00 300.00 200.00
_________ 5,000.00

$625,200.00 $1+3,1+92.00 $300.00 $ 668,592.00

c. IMPROVEMENTS OTHER THAN BUILDINGS

Swimming P ool

1930

Deep W ell

1938

Stadium

*950

10, 000.00 10, 000.00
$ 2, 803.76

TOTAL IMPROVEMENTS OTHER THAN BLDGS>$$ 200,000000..0000 $ 2 ,8 0 3 .7 6

10, 000.00 10, 000.00
2 ,8 0 3 .7 6
$ 22,803.76

D. EQUIPMENT Adm inistrative O ffices Physical Plant L ib ra ry In s tr u c tio n a l Department Dorm itories Dining H all Farm Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 5, 01+8.82 1+3, 787.1+8 65,196.20
7 2 ,5 9 1 .9 0
1+2,552.25
15,335.33 12,281+.50
1+, 382.39 $261, 178.87

$ 5, 979*68
1,535.31+ 1,12 0 .5 0
15,1+89.53 3 ,6 0 1 .7 5
ll,00l+.l+l 62.1+5
3 .7 1 3 .8 5 $1+2,507 .l+9 ~

$ 11,028.50 1+5,322.82
6 6 ,3 1 6 .7 0
88, 081.1+3 1+6,15!+.00
26,339.71+
12,3146.95 8,096.22
T 303,686."36

$91+7 , 721+.87 $ 96,356.25 $300.00 $1 ,01+3,781.12

-150"

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.

.

VALDOSTA STATE COLLEGE

FINANCIAL REPORT

FOR THE YEAR ENDING JUNE 3 0 , I 95O

V aldosta S ta te College V ald o sta, G eorgia
-151-

BALANCE SHEET June 30 1950

ASSETS

I . CURRENT FUNDS

A. GENERAL

Cash In Bazik

Accounts R eceivable

TOTAL GENERAL FUNDS

.

B. AUXILIARY Cash in Bank Accounts R eceivable Stores (Inventory) TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash on Hand and in Bank Notes R eceivable In v e stm e n ts - U. S . Bonds

TOTAL AGENCY FUNDS

ENDOWMENT FUNDS Cash in Bank N otes R eceivable Investm ents - U. S. Bonds

TOTAL ENDOWMENT FUNDS

STUDENT LOAN FUNDS Cash in Bank N otes R eceivable Investm ents - U. S. Bonds

TOTAL LOAN FUNDS

PLANT FUNDS EXPENDED Land B uildings Im provem ents o th e r th a n B u ild in g s Equipm ent

TOTAL PLANT FUNDS

TOTAL ASSETS

6,507.62 139.1+0 6,61+7.02

* 13. 370.56
178.90
3,558.1+5

17,107.91



23. 75u .93

i+,09l+.97 1 ,1 5 0 .0 0 1 ,1 1 0 .0 0

1, 1+72. 01+
280.00
5, 000.00

* 5, 531.50 3, 001.50
1 ,0 1 7 .5 0


6. 35U.97 6, 752. oU
9 ,5 5 0 .5 0

150, 000.00 557. 367.70 50, 000.00 1 9 8 ,3 5 9 .U6
955.727.i6
1, 002, 139.60

f |h
*pL 1 fa
m
>.
1
i I I;
Ii
y
1L
1
*
te .
J
t* *f i r
1
4 V
r
H, J j
:ir> g f ft
l 4$ m

- 152-

n f ||| 'flk"
1*

o t
B 4*
4H(

BALANCE SHEET June 30* 1950

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS

93*85 6,555*17 t 6,61+7*02

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Reserve for Stores Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balanoes
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balances

* 899*91 8W+.25
3,558.1+5 1 1 ,805.30

17,107.91

t 23.75lt.93

* 6,35l+*97 *

6.351+.97

6,752.oU

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balances
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS EXPENDED Invested in Plant

$ 6,752.oU

# 9 *550*50 #

9 .550.50

#9 55,7 2 7 .1 6

TOTAL PLANT FUNDS

# 955,7 2 7 .1 6

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

#1 ,002,139.60

m
Hr-t
7 I'7$ r iL
1*

-153-

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Sumner Session Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular'Operations
OTHER SOURCES Cap and Gown Rentals Diplomas TOTAL OTHER SOURCES
TOTAL EDUCATIONAL ft GENERAL INCOME
NON-INCOME Transfer from Auxiliary Enterprises
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES
DINING HALL
BOOKSTORE
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

General Income
$ 1,088.80 ia,oi+i+.oo 3,355.60 6,59U.OO 3,118.01
5.198.U1
$116,728.00
$ 82.50 181.60
$ 2I+.10

$ 1,500.00 $173,690.51

$ 7,608.70 i4.30lt.37 8,521.75
$ 30,3U.82
$ 80,92+3.96
10.619.37

$121,998>13 $29^,188.66

-154-

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE A GENERAL President's Office Comptroller's Office Registrar's Office General Expense
TOTAL ADM. A GENERAL

Total

Object Classification

Operating

Salaries

Supplies

A Wages

A Expense Equipment

1 12,766.06 8 ,522.06 i+,080.38 2 ,1+2 6 .55
1 27,795.05

$ 1 2 ,331.00 8 ,025.60 3 ,600.00
$ 2 3 ,956.60

$ I+3 5 .O6
1+9 6 .1+6
I4I+5.98 $
2 ,1+2 6 .55
3,80l+.05 " 1

3I+.I+O 31+.+0

STUDENT WELFARE Dean of Women Publicity A Placement Bureau Student Hospital Lecture Series
TOTAL STUDENT WELFARE

3.335.35 $ 3 ,108.00 $ 125.60 $

1**529.14+

3,317.50 1 ,2 1 1 .91+

2 ,656.1+2

2 ,1+20.00

2 3 1 .1*7

7 7 2 .61*

65O.OO

122.61+

11,291.85 9,1*95.50 $ 1 ,6 9 1.6 5 $

99.75 1*.95
IOI+.7 O

PHYSICAL PLANT LIBRARY

$ 23,622.30 $ 12,357.50 $ 9,508.07 1 1,756.73 $ 10,9 15.8 2 $ 6,9 1 1 .1 2 $ 1,509.76 $ 2,i+9l+*9l+

INSTRUCTION Art Biology Chemistry Education English Health Home Economics Mathematics A Physics Modern Languages Music Physical Education Secretarial Science Sociology A History Speech Summer Sohool
TOTAL INSTRUCTION TOTAL EDUC. A GENERAL EXPEND.

5*831.1*9 7,771.75 5 ,2 0 2 .6 3
1+,6 9 5 .1+7 8,1+00.00 1 ,086.03 1+,282.1+8 1+,739.00 l+,7+6.00 8,760.87 13,525.90 3,527.12
11,701.53 3,633.60 5 ,2 8 5 .0 0
$ 93,186.87 $166,8 11.8 9

$ 5,563.20 7,151.18 1+,836.6O i+,6l2 .2l+ 8,1+00.00
1,079.11 3,163.50 1+.739.00 1+,71+6 .0 0 8,1+13.1+6
12,960.81 3,228.18
11,675.91 3,633.60 5 ,285.00
$ 89,1+92.79 $11+2 ,2 1 3 .5 1

$ 133.27
551.62 1 6 7 .61+ 81.23
6.92 339.82
3I+2 .I+I 313.37 136 .61+
25.62
$ 2,098.51+ $18,612.07

$ I3 5 .O2
68.95 I9 8 .3 9
7 7 9 .16
2 5 I.7 2
162.30
+ 1,595.51* $ 5,986.31

NON-EXPENSEi

Transfer to Plant Funds

$ i+,79.70

TOTAL EDUC. A GENERAL DISBURSE. 171,581.59

B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES

$ 11,079.81+
20,830.09 1 2 ,1+0 9 .1+2
I1+1+, 319.35

$ l+,958.20 9 ,3 2 1 .1+0 5,553.18
19 ,832.78

$ 1+,O9I.7I+ 7 ,692.1*7 1+, 582.76
$1 6 ,3 6 6 .9 7

$ 2,029.90
3,816.21
2 ,2 73 .1*9 $ 8 ,119 .6 0

-155-

AUXILIARY EXPENDITURES (Continued) DINING HALL
BOOKSTORE TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE1 Transfer to Educ. A General TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies

A Wage s

A Expense Equipment'

* 63,7 3 5 .5 1 $ 21,318.60 $1+2,129.70 $ 287.21

9,600.31+

678.10 8,922.21+

*117,655.20 $ 1+1,829.1+8 $7,1+18.91 $ 8,l+o6.8l

$ 1 ,500.00 1 1 1 9 ,155.2 0
$281+,I+6 7 .09 $18l+,0l+2.99 $86,030.98 *14 ,3 9 3 .12

STATEMENT OF TRUST FUND BALANCES Year Ended June 30 I95O
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: Gifts and Grants Income and Investments TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Fluids

Loan Funds

$ 6,617.1+2 $ 9,285.50

131+.62

2 6 5.OO

$ 131+.62 $ 265.OO

$ 6,752.01+ * 9 .550.50

STATEMENT OP TRUST FUND BALANCES BY FUNDS Y ear Ended June 30 1950

ENDOWMENT FUNDS Claude Davis Ingram

Fund Balance Beginning Of Year

Additions

Fund Baiane End of Year

$ 6,617.1+2 $ 13l+.62 $ 6,752.01+

LOAN FUNDS War Bond Scholarship Fund September ll+th Fund Kate Bentley Girl*s Fund Archie Griffin U. D. C. (Brooks Co.) Class of 922 Louise Sawyer Anne Singletary Jewel Whitehead K. F. Lumpkin W. R. Dewberry Daniel Ashley Hotel TOTAL LOAN FUNDS

$ 3,1+83.00 3,802.50 101.60 150 .01+ 21+0.00 500.00 II8 .3 6 75.00 I5 .OO 500.00 100.00 200.00
* 9,285.50 *

8 $cu

100.00 I6 5 .OO

$ 3,1+83.00 3,802.50 IOI.6O I5 0 .OI+ 21+0.00 500.00 II8 .3 6 75.00 I5 .OO 500.00 100.00 300.00 165.00
i 9*550.50

TOTAL TRUST FUNDS

$15,902.92 $ 399.62 *16 ,302.54

-156

STATEMENT OP CHANGES IN CASH BALANCES Year Ended June 30, 1950

CURRENT FUNDS
sn0rftl
Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
PLANT fUNDS
TOTAL

Balance Receipts Disbursements Balance
jHlgJ^_j9jjg__For Yecur For Year June 30, 1930

$ U,398.70 1173.690.51 $171,581.99 $ 6,507.62 10,527.61 121,998.15 119,155.20 13.370.56
$lU,926.31 $295,688.66 $290,736.79 $19,878.18
$ 5.073.29 $ 55.76U.12 $ 56,7U2.UU $ 1,09U.97

$ 1,057 J+2 $ I4.1U.62

I 1,U72.0U

U.076.5Q 1,770.00 $ 315.00 5.531.50

$5.135.92 $ 2,18U.62 $ 315.00 $ 7.003.5U

$ U.769.70 $ U.769.7O

$25.153.52 $558,U07.10 $352,565.93 $30.976.69

BANK BALANCES
First National Bank, Valdosta Educational A General Account Auxiliary Enterprise Account
Citiiens and Southern National Bank, Valdosta Student Bank Loan Funds Aooount Claude Davis Ingram Aooount September lUth Fund War Bond Scholarship Fund Bookstore A Vending Account
Cash on Hand Petty Cash Fund Student Bank TOTAL
STATEMENT OF AGENCY FUNDS Year Ended June 30, 1950

$ 6,507.62
12,051.53 $18,559.15
$ 3.966.06 1,322.00 1, U72.0U 1,7UU.00 2, U65.50 1,019.03 $11,988.63
$ 300.00
128.91 $ U28.91 $30.976.69

Student Activities Student Bank Retirement Collections Withholding Tax Collections Group Insurance Collections
TOTAL

Fund Balance Julg^ 1, 19U9 Receipts

bisbursc- Fund mV. menta June 30, 1950

$ 2,997.31 U,075.98

* 5,791.w* U9.107.68

$ 5.619.0U U9.998.U0

$ 3,169.71 3,185.26

3,922.70 3,922.70

13,313.85 13,313.85

1,U98.9U 1.U98.9U

Y 7,073.29 Y 73.63U.61 $ 7U,352.93 $ 6.351*57

-157-

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30* 1950
BALANCE, BEGINNING OF YEAR

Funds for Plant
Additions

ADDITIONS* Transfer from General Funds

k . 7*970

DEDUCTIONS* Buildings and Additions to Buildings
Kitchen Annex

$ U769*70

BALANCE, END OF YEAR

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1950
VAUJE OF PLANT, JULY 1, 19^9

$935* 572.3U

ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Adjustments for Prior Years TOTAL ADDITIONS
INVESTMENT IN PLANT, June 30, 1950

$ U,769.70
5,9 8 6 .3 1
8,1+06.81 9 9 2 .OO $ 20,1514..82
$955,727.16

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30, 1950
Investment Beginning Of Year

Investment

End of

Additions

Year

A. LAND Campus
B. BUILDINGS Library We At Hall Gymnasium Kitchen Annex Converse Hall Ashley Hall Senior Hall Swimming Pool A Bath Hous>e Log Cabin Boiler House Music Studio Garages A Stables TOTAL BUILDINGS

$1 5 0 ,000.00

$1 5 0 ,000.00

$ 60,000.00 12 5,000.00 5 ,000.00 3 ,14+8 .0 0 110,000.00 100,000.00 60,000.00 2 3 ,000.00 8,000.00
20,000.00 3 6 ,000.00
1 ,150.00
*551,598.00

t 5 ,76 9 .70 * 5.769.70

$ 60,000.00 12 5 ,000.00 5 ,000.00 9,217.70 110,000.00
100,000.00 60,000.00 2 3 ,000.00 8,000.00 20,000.00 36,000.00 1 ,150.00
*557.36 7.fro

-158-

INVESTMENT IN PLANT (Continued) C. IMPROVEMENTS OTHER THAN BUILDINGS
Streets & Sidewalks Heating System Camellia Trail Amphitheatre
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Student Activities Dormitories Dining Hall Kitchen Annex Heating Plant TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
11O1f11Y1e1ar1 1 Additions

Investment End Of
Year L. _ J-J.

$ 1 5 ,000.00 20,000.00 12 ,000.00 3 ,000.00
$ 50,000.00

1 1 5 ,000.00 20,000.00 1 2 ,000.00 3 ,000.00
$ 50,000.00

$ 6,776.82 il,536.01 60,825.12 38,973.08 3,771.80
32,i8l+.79 1,71+1.06
1 5 ,16 5 .6 6 20,000.00
183.97U.3U

$ 38.00 1,279.20 2,51+7.08 2 ,029.96
8 ,295.55
195.33
li+,385.12

$ 6,8li+.82 5,815.21
63,372.20 1+1,003.0!+
3,771.80 1+0,1+80.31+
1 ,71+1.0 6 1 5 ,3 6 0 .9 9 20,000.00
$198,35946

935,572.3U $20,15i+.82 $955,727.16

-159-

GEORGIA SOUTHWESTERN COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O
Georgia Southwestern College Ameritous, Georgia
-16L

BALANCE SEIEST June 30, 1950

I. CURRENT FUNDS A. GENERAL Cash in Bank Imprest Cash Accounts Receivable TOTAL GENERAL FUNDS

ASSETS

B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventory) TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

TOTAL AGENCY FUNDS

III. STUDENT LOAN FUNDS Cash in Bank Investments (Bonds) Student Notes Receivable

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

B. EXPENDED Land Buildings Improvements other them Buildings Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

i+,50l*.67 300.00 705.38 5,510.05
u, 11*9.85 2,1+27.91 8,1(1)6 .3 9 1 5 ,02l+.15
20,531**20
1,1+35.05
1,1+35.05
5,699.19 1+5 ,000.00 U,301.99
55*001.18

16 ,500.00

5,580.00 1+38,81+8.58 27,937.89 111,583.98

583,950.1+5

$600,1+50.1*5 677,1*2 0 .8 8

BALANCE SHEET June 30, 1950

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Reserve for Purchase Orders Outstanding Unearned Income Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Reserve for Purchase Orders Outstanding Reserve for Stores (Inventory) Unearned Income Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS FUnd Balance

$ 140.1+7 282.70 785-00
4 ,301.88 $ 5,510.05
$ 144.15 8,446.39 1,128.82 5,304.79 $ 15,024.15
$ 20,534.20
$ 1,435*05
$ 1,435.05
55,001.18

TOTAL STUDENT LOAN FUNDS
IV, PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Invested in Plant
TOTAL. PLANT FUNDS
TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 55,001.18
I 16 ,500.00 583,950.45 $600,4 5 0 .45 $677,420.88

STATEMENT OF CURRENT INCOME For Tear Ended June 30 1930
A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Sessions Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations County - Sumter County City - City of Amerious TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES Rents from Property Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES CAMPUS STORE
DORMITORIES Morgan Hall Sanford Hall Terrell Hall Wheatley Hall TOTAL DORMITORIES
COLLEGE DINING HALL
APARTMENTS
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

Total Inoome

7,817.16 32,701.50 2,227.33 785.00
U, 597.10 $1+8,128.09

I71,U03.00 923.01+ 1+95.00
72,821.014-

1,1+35.00
790*13 2,225.13

123. 171+.26

25,91+1.17

3,316.1+8 7,752.09
,5.153.33
2 298.26
18,520.16
67,86!+. 57
1+,7 6 2 .1 3

117,088.03 21+0 , 262.29

-164-

STATEMENT OP CURRENT EXPENDITURES Year Ended June 30 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE A GENERAL Comptroller* s Office General Administration President*s Office Reoords Office
TOTAL ADM. A GENERAL

Total

Object Classification

Operating

Salaries

Supplies

A Wages A Expense Equipment

1 7,1+88.1+3 $ 6,62*9.78 775.70 62.95

10,5^6 .1 9 2,158.81 8,331.80

55.58

9,500.33 8,75l+.05

708.08

38.20

3,792.29 3,21*6.96

5 I+O. 3 3

5 .OO

t '3 1 ,32 7.21* 20,809.60 *10,3 5 5 .9 1 I6I.73

STUDENT WELFARE

1 I*,OUl.57 * 3,5W*.57 2 6 6.3 1 230.69

PHYSICAL PLANT LIBRARY

* 23.533.U9 10,187.57 10,577.17 2,768.75 3,881*.52 2,950.00 71+.22 860.30

INSTRUCTION Business Education Education Home Economics Languages Natural Sciences Social Sciences TOTAL INSTRUCTION
TOTAL EDUC. A GENERAL EXPNDITURES

1 8,59U.65 10,582.63 260.61*
7,877.39 12*,909.20 6 ,01*9 .1 9
* 1*8,273.70
^111,060.52

8,13l+J+8 9,750.30
7,803.90 13,231.1+9
5,881.00 fl+1+,801.17 '82,292.91

1*60.17 622.83 252.50
73.1+9 1 ,089.55
75.33
2,573*87 23,81*7.1+8

209.5O 8.11+
588.16 92.86 898.66 *,920.13

NON-EXPENSE

Transfer to Plant Funds

* 7 ,7 1 9 .7 9

TOTAL EDUC. A GENERAL DISBURSEMENTS $118,780.31

B. AUXILIARY ENTERPRISES CAMPUS STORE

30,332.95 5,323.68 2!+,1*55.89 * 553.38

DORMITORIES Morgan Hall Sanford Hall Terrell Hall Wheatley Hall TOTAL DORMITORIES
COLLEGE DINING HALL

1*,069.39
8,303.37 6,9 8 2 .75 3 ,8 2 1 .6 2
23,177.13

1, 868.51 1 ,527.88
5,686.ll* 1,828.73 3,652.57 1 ,883.78 1,627.51 1 ,003.02
l2,83l+.73 6,21*3.1*1

673.OO 788.50
1 ,1*1*6 .1*0 1,191.09
U.098.99

$ 60,12 5 .91* 16 ,896.21 *2 ,1*2 1 .5 2 808.21

APARTMENTS TOTAL AUXILIARY EXPENDITURES

$ 1*,650.23 2,01*9.16 2,601.07 1118,286.25 137,103.78 175,721.89 15,1+60.58

TOTAL CURRENT EXPENDITURES

1229,31+6.77 119,396.69 99,569.37 10,380.71

-165-

STATEMENT OF THJST FUND BALANCES Year Ended June 30# 1950

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS* Gifts and Grants from private souroes Income on Investments TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR

#1*9 , 31*3 .5 5 # *#380.73
1,276.90 5#637 63
133,001.18

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30 1950

LOAN FUNDS GOVERNMENTAL BONDS Woodville, Ga. Consolidated School District McIntyre School District City of Atlanta, Georgia U. S. Treasury Bonds Series G. Clayton County
TOTAL GOVERNMENTAL BONDS

5-1/2$ 6# 2-1/8# 2-1/2#
5#

Boofc Value
# 3 ,000.00 1,000.00 1,000.00
38,000.00 2,000.00
#45,000.00

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1950

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS

Cash Balanoe Receipts Disbursements Cask Balance July 1, I9I+9 For Year For Year June 30, 1930
# UlO.72 #123,1714.26 #118,780.31 *,80^.67 3,3148.07 117,088.03 118,286.23 *,11*9.35
#5,758*79 #2140,262.29 #237,066.36 # 8,9514.32

AGENCY FUNDS PLANT FUNDS

#l,U9l4.83 # 17,617.15 # 17,676.93 1,1435*05 __________# 2L4,219*79 7.719*79 #16,300*00

STUDENT LOAN FUNDS

#2,31*3.55 # 7,772.28 # I4.l4l6.6l4 # 5.699.19

TOTAL

#9.597.19 #289,871.1*9 #266,879.92 #32,388.76

BANK BALANCES

Bank of Commerce Citizens Bank of Americus Imprest Cash

# 12,13l*.Ql* 20,15l*.72 300.00
# 32,588.7g

166-

Room and Key Deposits Chemistry Breakage Deposits Physics Breakage Deposits Zoology Breakage Deposits Personal Deposits Photo Deposits Gale Deposits Student Activities Athletic Association Group Insuranoe
TOTAL

STATEMENT OP AGENCY FUNDS For Year Ended June 30 1950

Cash Balance Receipts Disbursements Cash Balance July 1, 19U9 For Year For Year June 30 1950

$ 671.00 $ 692.00 $ 533.08 $

650.00

620.00

829.92 30.00

235.00

2 3 5 .OO

185.00

185.00

5.630.05 5.301.07

328.98

37.00

374.00

67.00 1,081.40 1 ,094.60

53.80

7*00 3.95l*.58 3 ,896.42

6 5 .1 6

56.37 2 ,2 39.72 2,296.09

693 *8 2 ,575.38 3,141.67

127.19

$1,494.85 $1 7 ,6 17 .13 $1 7 ,676.93 $ 1,435.05

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1950

BALANCE, BEGINNING OF YEAR

Funds for Plant
Additions
$ ____

ADDITIONS: Governmental Appropriations - State of Georgia Transfer from General Funds TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Infirmary Gymnasium Improvements other than Buildings Tennis Courts Lake Lighting System TOTAL FOR PLANT ADDITIONS

16,500.00 7,719.79 $24,219.79
$ 1,794.60 1,773.98
3 ,115 .9 6 573*15 62.10
$-- 7 719,79

BALANCE, END OF YEAR

$ 16,500.00

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1950

VALUE OF PLANT, JULY 1, 1949

$5 6 9 ,3 2 4 .7 6

ADDITIONS DURING YEAR

Expended from Plant Fujjds

$ 7 ,7 1 9 .7 9

Expended from Eduo. & General Funds & Included in Current Expend. ,920*13

Expended from Auxiliary Funds A included in Current Expend.

5,60.58

Gifts of Plant Assets

3,000.00

Adjustments for Prior Years

1,572.3U

TOTAL ADDITIONS

---2-----

$ 22,672.84

-167-

SUlilARY 0? INVESTMENT IN PLANT (Continued) VALU* OF PLANT, PLUS ADDITIONS

991.997.60

DEDUCTIONSt Adjustments for Prior Year
INVESTMENT IN PLANT, June 30, 1990

8,01*7.15 583,950.1*5

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1990

A. LAND

Year Acquired

Investment Beginning
Of Year > 5.980.00

Additions

Investment End
Deductions Of Year I 5,580.00

B. BUILDINGS

Administration Building

9 2 ,500.00

Science Building

19U7

50,000.00

Gymnas ium-Auditor ium Hone Economics Building

, 65.000. 7 000.00

00 I 1,773.98

Presidents Home

1 2 ,500.00

Barn (Storage Depot)

2 ,300.00

Morgan Hall

3 3 .000.

00

Sanford Hall

66.500.00 1,79^.60

Terrell Hall

3 2 .500.00

Wheatley Hall

2 9 .000 .

00

Campus Cottage

3 .000. 00

Campus Duple* (Farm House)

3 ,500.00

Negro House

500.00

Fuel House

380.00

Negro Bunk House Utility House

200.00
100.00

New Boy's Dormitory (Plans & Sepcifioations)U000.00

Repair Shop

300.00

Apartment Building A 9-1-U8

10.000.

00

Apartment Building B 9"1-^8

10,000.00

Apartment Building C 9-1-1+8

10,000.00

YPCA Chapel

1990 _______ 3.000.00

TOTAL BUILDINGS

$432,280.00 I 6,568.38

9 2 ,50 0 .00

50,000.00

66,773.98 7 ,0 0 0 .0 0

12 ,500.00

2 ,300.00

33.000.

00

68,2914.60

32,500.00

2 9 .000.

00

3.000.00

3 ,900.00

500.00

380.00

200.00 100.00

4,000.00

300.00

10. 000.

00

10,000.00

10, 000.00

3 ,000.00

l*38,8t*8.58

C. IMPROVEMENTS Streets, Sidewalks and Landscaping Water A Lights Dist. System Sewage Disposal System Program & Fire Signal System Garbage & Waste Disposal System
Lake Tennis Courts
TOTAL IMPROVEMENTS

$ 12 ,351.0 0 2.599.00 7 .500.00 1 ,0 8 6 .6 8 250.00
_________ 23,786.68

I 462.10
973.19 3. H 9.96 I 4,151.2F

1 2 ,351.0 0 3 ,0 6 1.10 7 ,500.00 1,086.68 250.00
3 7 3 .1 3 3 ,1 13 .9 6
27,937.89

D. EQUIPMENT Administrative Offices Student Welfare (including Infirmary)
Physical Plant
Library Instruction Division Dormitories Food Service (Dining Hall) Campus Center (Campus Store) Apartments
TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT

FINANCIAL REPORT POR THE YEAR ENDING
JUNE 30, 1950
West Georgia College Carrollton Georgia

BALANCE SHEET June 30* 1950

ASSETS
CURRENT FUNDS A. GENERAL Cash In Bank Aooounts Receivable TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Aeeounts Receivable Stores (Inventories) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in bank Student Bank
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Improvements other than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

# J0,2U6.0J 1.767.25 32.01J.28
, lt5.8Wt.6l 1 187.26 5,822.18 52,85lt.05
alt,867.35
I 1,750.96 l,536.0it
3,287.00

) 2 ,600.00

27, 500.00 Wt8,837.57
77.861t.99 199.350.61t

>755.553.20

756,153.20

8itlt,307.53

-170-

BALANCE SHEET June 30, 1950

LIABILITIES

CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income General Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Unearned Inoome Reserve for Stores (Inventories) Surplus TOTAL AUXILIARY FUNDS

* 727.52 160.00
+,908.70 26,217.06
>'

32,013.28

1 ,J+30.1+8 2,263.00 5,822.18
1*3.338.39

52,85U.Q5

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

8U,867.33 3,287.00

TOTAL AGENCY FUNDS

3*287.00

III. PLANT FUNDS A. UNEXPENDED Fund Balanoe

2,600.00

B. EXPENDED In-rested in Plant

753.333.20

TOTAL PLANT FUNDS

736,153.20

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

8l,307.53

STATEMENT OF CUBBENT INCOME For Tear Ended June 30* 1950
A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Summer Session Fees Obher Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Regular Operations Vocational Funds TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES Rents for property Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
NON-INCOME Transfer from Auxiliary Enterprises
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Adamson Hall Melsbn Hall MandeTille Hall Log Cabin Hamm Barracks Borders Barracks Wright Barracks Rogers Hall Storms Barracks TOTAL DORMITORIES
DINING HALL
FARM
TRAINING SHOPS
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME
-172

General Inoome
8 1 2 ,216.98
l*3,9ll*.39 5.099.77
5,807.60
8 67.038.7U

8 99.119.00 1,938.15
8l0tt.057.l5

8 1.6J8.07
625.65
8 2,263.72

8l73.359.6l

8 1, 102.1*1*
8171*^62.05

8 13,139.31

8 It,921.96 lt.7 6 7 .olt
3,22l*.98
1.355J*9 1,285.08 1,285.08 3.08lt.l5
1,081* .1*0
5.397.26
8 26,1*05.1*1*
8 91.736.77
8 12,256.08
8 1,389.00
8ll*lt,926.60
8318.286.21

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL Administrative Dean Business Office General President's Office Registrar's Office TOTAL ADM. A GENERAL
STUDENT WELFARE Dean of Women
PHYSICAL PLANT
LIBRARY

Total

Object Classification

Operating

Salaries

Supplies

& Wages

A Expense Equipment

2,990.1*8 2,211.71* * 590.31* 188.1*0

7.685.87 6,976.1*6 1*22.60 286.81

8,060.99

899.55 7.I6I.I4I+

9.815.85 8,959.70

786.50

69.65

3.576.93 3,056.61t

505.79

11+.50

32.130.1? 22.1QI+.09 9,1*66.67 * 599.36

3.879.80 3,879.80 30,976.14.9 17,lt29.i|2 11,892.96 l,65l*.11 * 8,329.31 5,1*32.75 * 2,813.86 82.70

INSTRGCTION Commercial Education Home Economics Physical Education Psychology Summer Sohool Teaoher Training Art English French Humanities Musi Spanish Biology Chemistry Mathematics Physics Engineering A Drawing Economics History Political Science Sociology TOTAL INSTRUCTION
EXTENSION

7.06U.26 6,073.79 t 363.77

k, 657.58 2.661+.95

3,3l*l.0i* 1,316.51*

2,1*77.77

187.18

7.335.61* 5,388.87 1,91*6,77

627.1*5 3O.66

621* .00

3.1*5 30l*.66

7. ll;3.15 6,139.18 1,003.97

1,955.05 1,5U5.00

1+10.05

7,961.38 7,002.1*8

958.90

1,653.65 1,650.00

3.65

l+,5l48.9 1*,51+5.00

3.91*

1.723.38 1,51*5.00

178.38

1,650.00 1,650.00

u ,659.67 1*,386.00

273.67

5.193.61t 1*,1*22.00 2,998.22 2,976.96

771.61* 21.26

1,860.1*8 1,2214.01

1,51*5.00 l,22l*.01

315.1*8

999.96

999.96

2,91*6.61 2,937.50

9.11

2,000.01* 2,000.01*

2,000.01* 2,000.01*

7 3 ,172.76 lt,l*73.61* 8,072.1*2

626.70 626.70

1*,81*7.05 I 3.728.50 1,118.55

TOTAL EDUCATIONAL * GENERAL EXPEND. B. AUXILIARY ENTERPRISES

*153,335.53 117,01*8.20 *33,36I*J*6 2,922.87

BOOKSTORE DINING HALL

12,369.21 * 1,767.35 lO,1*61*.52 * 13 7 .31* * 77,112.1*2 15,065.58 *60,15 9 .31* 1,887.50

-173-

AUXILIARY (Continued) DORMITORIES Storms Adamson Hall Borders Barracks H amm Barracks Log Cabin Mandeville Hall Melson Hall Rogers Hall Wright Barracks TOTAL DORMITORIES
FARM
SHOPS TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE Transfer to General Funds Transfer to Plant Funds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object; Classification

Operating

Salaries

Supplies

A Wages

A Expense Equipment

# 5,36*4.36 # 2,60i+.08

1,263*87

7 6 9 .7 1

1 ,1 1 3 .1 6

588.1+1

1,113*15 i,Wa .63 3,1+59.91+ 5,6 2 9 .15
1,157.31 2,786.22

588.1+1 61+8 .7 6 1,557.02
1,911.05 519 .OO
1,1*36.35

21,328.79 #10,622.79

* 13,537.14* # 6,130.5U

2,531.8 3 39I4.8I
52U .7 5 521+.71+ 673.77 1,617.06
1 ,514**32 539.0?
1,319*01
# 9,669.31

# 228.1+5 99.35
II9 .IO 285.86 173.78 99.29
30.86 #1 ,036.69

5,626.65 #1,580.25

# 828*75

# 828.75

12^,976.(61 33,586.26 86,71+8 .5 7 1+,61+1.78

# 1,102.10+ 13,052.85
139 .1 3 1 .9 0
#278,312.11+ #150,63l+.l+6 #120,113.03 #7,561+.65

STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30, 1950

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS

Balance

Receipts Disbursements Balance

July 1, I9I+9 For Year

For Year June 30, I95O

# 9,119.51 171*,1*62.05 153 .335.53 #30,21+6.03 1+0,01+9.91 li+l+,926.60 139,131.90 l45.8L4U.6 l #1+9,1^9.1+2 3 19 .388.65 292,1*674*3 7 6 ,090.6U

AGENCY FUNDS

3 , 590*08 # 6 3,33 1,2 3 # 65,6514*31 # 3 , 2 8 7 .0 0

PLANT UNDS

# 3*200*00 13 ,032.83 # 1 3 ,6 32.8 5 $ 2 ,600.00

TOTALS

57959*50 397,792.73 #373,7714*59 #81,977.614

BANK BALANCES
Peoples Bank (Revenue) Peoples Bank (Agency) Peoples Bank (Auxiliary) West Georgia National Bank(Operating) Student Bank in College Safe
TOTAL

1+,908*70 1,187*75
1+8,1489.17 256Ul*06
1,750*96
#81,977.61+

-174-

Group Insurance Student Activities Student Bank Retirement Collections Withholding Tax Collections Athletio Association
TOTAL

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1950

Fund Balance

Disburse- Fund Balance

July 1, 191+91 Receipts ments June 30, 195<

$ 280.20 l8ll+.ll 2 ,225.68
- 729.91 $3*590.08

$ 3,209.05 7 .2 73.96
37,91+9.00 2 ,831+.00
8,1*29.71+ 5,655.1+8
$65,351.23

$ 3,11+0.96 7,81*2.51+ 38,1*23.72 2 ,83l+.00 8,1(29.74
4,983.35
$65, 651*. 31

$ 31+8.29 1,21+5.53 1,750.96
- 57.78 $ 3,287.00

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1950
BALANCE, BEGINNING OF YEAR
ADDITIONS: Transfer from Auxiliary Enterprises
DEDUCTIONS* Expended for Plant Additions Buildings and Additions to Buildings Dining Hall MeIson Hall Adamson Hall Borders Barracks Hamm Barracks Wright Barracks Storms Barracks Administration Building Sand Hill Apartment Auditorium Dormitory Plans Total Buildings & Additions to Buildings
Equipment TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Fnds for Plant
$ 5*200.00
15*052.85
$ 1,983.71 2,560.75 2,922.05 328.1*7 328 . 1+8 673.76 690.56 295.00 632.85 1*559.71 2 ,600.00
$Hi,575.31+
# 1,077.51 $1 5 ,652.85
I 2 ,600.00

SUMMARY OF INVESTMENT IN PLANT As of June 30 1950

VALUE OF PLANT, JULY 1, I9I+9

ADDITIONS DURING YEAR Expended from Plant Funds

Expended from Educational and General ^unds

and included in Current Expenditures

Expended from Auxiliary Rmds and included

in Current Expenditures

Adjustments for Prior Years

TOTAL ADDITIONS INVESTMENT IN PLANT, June 30, 1950

-175-

$725,585.70
$15,652.85 2,922.87 1+, 6141.78 U,750. 00 $ 27,967.50 $753*555.20

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30 1950

JAX. lTa.nJiXuJmJ
Campus Off Campus
TOTAL LAND

Year Acquired

Investment Beginning
Of Year

Additions

1907 1907

1*,000.00 $ 2 3 ,500*00
2 7 ,500.00

Investment End of Year
$ 1*,000.00 2 3 ,500.00
$ 2 7 ,500.00

B. BUILDINGS " CAMPUS Mens New Dormitory - Plans Adamson Hall Administration Bookstore Borders Barraoks Dining Hall - Auditorium Engineering Drawing Gunn House Hamm Barracks Log Cabin Dormitory Library Machine Shop Maintenance Shop Mandeville Hall McGiboney (Rogers Hall) Melson Hall Plant Supervisor's Home President's Home Recreation Center Rural Arts Storms Barracks Sand Hill Apartment Tenant House No* 1 Tenant House No. 5 Wood shop Wright Barracks Tenant House No* 6
TOTAL BUILDINGS - CAMPUS

1907 1907 191*1* 191+1+ 1937 19I+6
1907
19hh
1932 1938
I9bk
191*8
1935 19U6
1907 1907 1907 191*7 1935 19+5 191*5
191*1* 19U6
191*1* 19l*l+ 1938

1+2 ,1+00.00 58,700.00 1+,1466*00 5 ,600.00 70 ,300.00 6,000.00 5.275.00 5 ,600.00 3 ,100.00 1+5,000.00 10,000.00 1,200.00 3l+,000.00 2 ,058.03 1*0,600.00 1 ,275.00 6,000.00 1+,930.00 1*1*.9 9 3 .00. 3,800.00
500.00 500.00 10,000.00 10,000.00 1 ,051.00
$1+1 7 ,31+8.03

$ 2 ,600.00 2,922.05 295.00 328.1*7 3 .51*3 .1*2 328.1*8
2,560.75
690.56 5.382.85
6 7 3 .7 6 $ 19 .325.31*

$ 2 ,600.00 1*5 ,322.05 5 8 ,9 9 5 . 0 0 1+,1*66.00
5,928.1*7 73,81*3.1*2
6,000.00 5.275.00 5 .928.148 3 ,100.00 1*5 .000.00 10 ,000.00 1 ,200.00 3l+,ooo.oo 2 ,058.03
1+3,160.75 1 ,275.00 6 ,000.00 1*,9 3 0 .0 0
1*1*,993.00 1*,1*9 0 .5 6 5,382.85 500.00 500.00
10,000.00 10,673.76
1 ,051.00
1+36,673.37

BUILDINGS - FARM Calf Barn Cow Barn Crib Dairy Barn Mule Barn <fc Sheds Adjoining Tenant House No* 3 Tenant House No* 1+
TOTAL BUILDINGS - FARM

1907 191*6 1907 19l*l* 1907 191*3 19l*l+

$ 200.00 5 ,000.00 200.00 3 ,000.00 2,000.00 1,261*.20 500.00
$ 12,l6J*.20

200.00 5 ,000 .0 0 200.00 3 ,000.00 2,000.00 1,261*.20 500.00
12,161*.20

C. IMPROVEMENTS OTHER THAN BUILDINGS Streets & Walks Limiting System Heating System Water System
Athletic Fields &Tennis Courts
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
- 176-

$ 8,390.00 8,700.00
26,500.00
26.271+.99 8,000.00
T77V86I+.99

8,390.00 8,700.00
26,500.00
26,27l+.99 8,000.00
77,86i+.99

EQUIPMENT A d m in istratire O ffices Physioal P lan t L ibrary I n s tru c tio n a l D epartm ents O rganised R esearch D orm itories D ining H all B ookstore Farm Shops
TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

Tear A cquired

Investm ent B eginning
Of Year

A dditions

Investm ent End o f Year

1**520.00 11,955.00
1*5,528.00 57,141*2.00

# 559.36 5.079.36 i.65l*.n 13,609.11 82.70 1*5 ,6 10 .70 626.70 38,068.70

35,088.00 17,915.1*8 1*, 110.00 9,1*19.00 21*,731.00
190,708.1*8

1,036.69 36,12l+.69

1,887.50 19,802.98

137.3U

i*.21+7 .31*

2.657.76 12,076.76

21*,731.00

$ 8,61*2.16 199,350.61+

#725.585.70 # 2 7.967.50 #753.553.20

-177

MIDDLE GEORGIA COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O
Middle Georgia C ollege Cochran, Georgia
-179-

BALANCE SHEET Ju n e 30 1950
ASSETS
I . CURRENT FUNDS A. GENERAL Cash in Bank A ccounts R eceivable TOTAL GENERAL FUNDS
B . AUXILIARY Cash in Bank A ccounts R eceivable S tores (In v en to ries) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
I I I . PLANT FUNDS Land A Im provem ents B uildings Equipm ent
TOTAL PLANT FUNDS
TOTAL ASSETS
LIABILITIES
I . CURRENT FUNDS A . GENERAL U nearned Income G eneral Surplus TOTAL GENERAL
B . AUXILIARY U nearned Income Reserve (in v e n to rie s) S u rp lu s TOTAL AUXILIARY
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS FVind B a la n c e s
TOTAL AGENCY FUNDS
I I I . PLANT FUNDS Invested in P lan t
TOTAL PLANT FUNDS
TOTAL LIA B ILITIES, SURPUJS, AND FUND BALANCES -180-

2,8l+i+.i+5 817.00 3,66l.l4.5

1*,455.00 575.00
12,625.00

i7 .655.OO

21,316.1+5

1.369.30 1,3*9.30
18,1+00.00 591.000.00 257.lj-20.00
866,820.00
889,505.75

1,251.00 2,1+10.1+5 3.661J+5
1+1+0.00 12,625.00 1+, 590.00 117,655.00 21,316.1+5
1.369.30 1,369.30
866,820.00 866,820.00
889,505.75

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation or Resident Fees Summer Session Fees Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
OTHER SOURCES Rents from Property
TOTAL EDUCATIONAL & GENERAL INCOME
B. AUXILIARY ENTERPRISES BOOKSTORE
CAMPUS STORE
DORMITORIES: Browning Hall Peacook Hall Wiggs Hall Ebenezer Hall Jackson Hall New Hall Veterans Apartments TOTAL DORMITORIES
DINING HALL
FARM
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$13,103*00 23,556*11+ 3#571*00 399*70
$1+0,629*81+

$71*091.00

$ 1 ,991*50

$113*712.31+

$ 6,369.79
16,283*61

$ 6 ,0 0 0 .0 0 3,1+78*00 2 ,293*00 770.00 +2 7 .0 0 1,378.00 5*12 1.6 0
$19 ,1+67.60
$+8,080*60
$ 277*75

$ 90,1+79*35 $20l+,l9 i*69

- 181'

STATEMENT OF CURRENT EXPENDITURES Y ear Ended Ju n e 30, 1950

A* EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL C om ptroller G eneral P resident R eg istrar TOTAL ADM & GENERAL
PHYSICAL PLANT
LIBRARY

T otal

Obj e c t C las s i f i o a t i o n

O perating

S alaries
it Wages

S upplies
it E xpense E q uipm ent

# 5,880.00 1*,751.08 8,1 7 0 .0 0 5,880.00
# 2k,681*08

| 5,880.00 81.00
8 ,1 7 0 .0 0 5,880.00
| 20,0 11.0 0

$ 1+,670.08 | i+,670.08

* 23,936.89 1 5 ,808.10 $ 5.858.55 #2 ,270.21+

5,218.1*9 3,912*55 5U+.33 # 7 6 1 ,6 1

INSTRUCTION B ielegy C hem istry Commerce E nglish E ngineering H istory Home E conom ics M athem atics Modern Languages M usic P h y sical Education P h y sio s S o c io lo g y Summer S chool
TOTAL INSTRUCTION
TOTAL EDUC. & GENERAL EXPEND.

3,l*5l*.ll* | 3,300.00

7 ,1 7 6 .1 0

6 ,600.00

6 ,900.00

6 ,2 0 0 .0 0

6 ,20 0.00

6 ,20 0.00

3,398.1*1 l+,000.00

3 ,200.00
k ,000.00

3 ,062.1+9 2,800.00

3 ,200.00

3 ,200.00

2,818.1+2 2,800.00

3 ,08l+.6l

2 ,900.00

6,198.31

5 ,900.00

3 ,2 3 6 .3 1 2,800.00

3 ,100.00 2,800.00

151+.11+ 576.10
1*35.05 261*.95

198 .1+1

1+0 .1 2

222.37

18.1+2 181+.61 298.31 136.31

3,315.00

3,315.00

58,81*3.79 # 56,315.0 0 2 ,01*1 .1*7 1*87.32

$112,680.25 96,01+6.65 13 ,111*.1*3 3,519.17

B . AUXILIARY ENTERPRISES BOOKSTORE

* 5,865.13

5.8 6 5.13

DORMITORIES Browning H a ll Peacock H all W igga H a ll Ebenezer H all Jackson H all New H a l l ( S o c i a l C e n t e r ) V eterans A partm ents TOTaL DORMITORIES
DINING HALL
FARM
CAMPUS STORE
TOTAL AUXILIARY EXPENDITURES
TOTAL CURRENT EXPENDITURES

5.81*0.56 3,61+8.61+ 2,237.98
61+7.25 I+IO.2 5
1,191.15 l+,622.70
18,398.53

| 3,661.05 2 ,320.10 1 ,1*5 2 .5 5
1*2 3 .2 5 27U.25
809.1+5 2,167.85 $ 11,108.50

1 .7 5 7 .5 1 9 6 3 .2I+ 696.03 209.00 131.00 381.70
1,673*20
# 5,809.68

# 1+22.00 165.30 9 1 .1+0 15.00 5.00
781.65 1,1*80.35

| 1+8,680.23 | 12,778.00 35.386.26 515.97

286.60

16.80 81+.80 # 185.00

15.559.33 | 2,239.1+0 1 3 ,270.98 1*8 .9 5

| 88,789*82 | 26,11+2.70 #60,1+16.85 2 ,230.27 #201,1+70.07 1122,189.35 73.531.28 #5,71+9.141+ - 182-

STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30 1930

CURRENT FUNDS

General

,

Auxiliary

TOTAL CURRENT FUNDS

Balanoe

Receipts Disbursements Balance

July 1 19U9 For Year

For Year June 30 19!

1,812.36 *113,712.31* 112,680.25 *2,8l*l*,i*5
2.765M r 90,147935 88,789.82 1*.1*55.00
*1*.577-83 20U,19169 201,1470.07 7,299.1*5

PLANT FUNDS AGENCY FUNDS
TOTAL

*3,561**1*3

* 3.561*J*3

*1.297.75 * l6,77l*.89 * 16,703.31* 1,369.30

9,14^0.01 220,966.58 *221,737.81* 8,668.75

BANK BALANCES

State Bank of Coohran Revenue Collection Account Educational & General Aooount Auxiliary Enterprise Account Agency Funds Aooount TOTAL

1*25100 1,593 *145 14,1455.00 1,369*30
8,668.~75

Alumni Association Student Bank Key Pool Student Activities Reservations Room Deposits Group Life Insurance
TOTAL

STATEMENT OF AGENCY FUNDS Year Ended June 30 1950

Rind Balance July 1, 19149 Receipts

Disburse- Fund Baianc ments June 30* 195

22.15

I46.OO

68.15

295.51 2 2 .I48

2 ,22 1.6 9 2,100.28

Uo.oo

56.75

I4I6 .9 2 5.73

3 5 3 .1*7

8,827.30

9,168.99

11.78

500.00

2,735.00

2,1470.00 765.00

76.00

973.00

1,027.50

2 1 .5 0

28.1k 1,931.90 1,879.82

80.22

*1 .2 9 7 .7 5 16,77U.89 * 16,70 3 .31* 1,,369.30

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30* 19U0
BALANCE, BEGINNING OF YEAR DEDUCTIONS*
Expended for Plant Additions Buildings and Additions to Building - Automotive Shop
BALANCE, END OF YEAR

Fund s for Plant
Additions
ix& pzr
t3*56ti.li3
I --

SUMMARY OF INVESTMENT IN PLANT As of June 30* 1950
VALUE OF PLANT, JULY i, 19*49
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Finds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Adjustments for Prior Years TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS - JULY 1, 191+9
DEDUCTIONS DURING YEAR Property Worn Out or Otherwise Disposed of Adjustments for Prior Years TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 30, 1950

#8 6 1 ,1 9 7 . 0 0
#3*56*1.1+3 3*519.17 2,230.27 873.56 # 10,187.1+3 #8 7 1, 38l+.l+3
#1 ,0 0 0 . 0 0 3,561*.1*3
* k.5U-k3
*666,820.00

STATEMENT OP INVESTMENT IN PLANT For Year Ended June 30* 1950

A. LAND Campus Off-Campus TOTAL LAND

Year Acquired

Investment Beginning
Of Year Additions

1887 1917

# 1 3 ,200.00 5 ,200.00
#18,1+00.00

Investment End
Deductions Of Year
# 13 ,200.00 5 ,2 0 0 .0 0
# 18,1+00.00

B. BUILDINGS Walker Building Sanford Library New Hall Dormitory Browning Dormitory Peaoook Dormitory Wiggs Dormitory Ebeneser Dormitory Jackson Dormitory President's Home Gymnasium Faculty Apartments Science Building Veterans Housing Auto Meohanios Building Stadium Field House Miso. Campus Buildings TOTAL BUILDINGS
C. IMPROVEMENTS Heating System Water System Lighting System TOTAL IMPROVEMENTS

1928 1938
1939 1936
19M+ 1922 1890 1928 1928 1928
191+8 19*+8 191*7 191+9 191*8 1928

#160,000.00 4 8 ,000.00 38,000.00 60,000.00 1+0,500.00 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 5 ,000.00
1 ,250.00 12,800.00
#566,550.00

* 3,561*.1*3 I 3.56i*.l*3

#1 6 0 ,0 00.00 1+8,000.00 38,000.00 60,000.00 1+0 ,5 0 0 .00
37,500.00 1 0 ,0 00 .0 0 3 *5 0 0 .00
6 ,500.00 7 ,500.00 36,000.00 3 5 ,000.00 55,000.00 3.561*J*3 15.000.00 1 ,250.00 1,000.00 11,800.00
> 565,550.00

& i

# 9,200.00 9 ,500.00 6 ,7 5 0 .0 0
# 2 5 ,1+50.00
-184

# 9,200.00 9 .500.00 6 ,750.00
# 2 5 ,1+50.00

D. EQUIPMENT Administration Offices Physical Plant Library Instructional Dormitories Dining Hall Campus Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment

Investment

Year Beginning

End

Acquired Of Year Additions Deductions Of Year

* 12 ,227.00 68,990.00 23,830.00 57,91+0.00 19,010.00 35,095.00 3,705.00
*2 5 0 ,7 9 7 .0 0

* 273.00 1 ,305.00 1 ,020.00 880.00 l,i|80.00 1 ,1+15.0 0 250.00
6,623.00

12 ,500.00 70,295.00 2l+,850.00 58,820.00 50,1+9 0 .0 0 3 6 ,5 1 0 .0 0 3,955.00
*257,1+20.00

861,197.00 *10,187.1*3 *1+5&+.1+3 *866,820.00

-185

SOUTH GEORGIA COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O
South Georgia College Douglas, Geor gia
187

CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventory) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land A Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

BALANCE SHEET June 30 1950
ASSETS

# 9,521.1+1 101+.53 1 # 9,625.91+
# 30,61+1.93 2, 511.58 3,620.1+1 I 36,773.92 # 1+6 , 399.86
# 3,358.16 # 3,358.16
# li+,000.00
# 158, 1+00.00 273.533.70 112,677.81+ ' #514,611.51+ #558,611.51+ 608,3 6 9 .5 6

-188'

BALANCE SHEET June 30# 1950

LIABILITIES

CURRENT FUNDS A. GENERAL Aooounts Payable Purchase Orders Outstanding Contracts Negotiated Reserve for Student Welfare Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Aooounts Payable Purchase Orders Outstanding Unearned Inoome Reserve for Stores (Inventory) Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 475.91 878.24 225.00
4,692.84
3,353-95 $ 9 ,625*914.

$ 749.63 155.00 998.00
3,620.41 3 1 ,250.88

$ 56,7 7 5 .9 2

$ 46,399.86

$ 3,358.16 $ 3,358.16

$ 14,000.00
541*,6 1 1 .5 4 $558,6 1 1 .5 4 $608,3 69.56

-189-

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Summer School Fees Other Student Fees TOTAL STUDENT FEES

$17, 811.09 140,153.51
i,359.oo
2,3U9.89 6fe',grgg

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
TOTAL EDUCATIONAL AND GENERAL INCOME

$88,155.00

$15l+, 282.96

B. AUXILIARY ENTERPRISES BOOKSTORE
CO-OP
DORMITORIES Davis Fraser Poire 11 Proctor Tanner TOTAL DORMITORIES
DINING HALL
FARM
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$10,6 5 1.82 $11,505.95

$ 5,733.1+3 3,1+72.56
8 , 111.21+
3.12!+. 09 1 ,150.00 $2 1 ,591.52
$85,314+. 59
$ 2,077.37

$131,171.05 $2 8 5 ,1+51+.01

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE A GENERAL Academic Dean Comptroller's Office General Expense President's Office Registrar's Office
TOTAL ADM. A GENERAL

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

A Wages

Se E xpense E q u ip m en t

$ 3,656.1+2 7,687.25 7 ,296.00 10,817.27 3,892.70
t 33.Jft9.6i*

$ 3,1+56.25 7 ,100.00 7 ,221.0 0 9 ,100.00 3 ,850,00
30,7 2 7 .2 5

$ I9 I.22 $ 399.75 75.00
1,717.27 1+2.70
* 2 ,1*25.91* $

8.95 187.50
I9 6 .I+5

-190'

STATEMENT OP CURRENT EXPENDITURES Year Ended June 30, 1950

EDUCATIONAL AND GENERAL (Continued) STUDENT WELFARE Dean of Students Student Hospital TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY

Total

Object Classification

Operating

Salaries Supplies

&Wages

& Expense Equipment

t 3,975.25 1 3,782.15 $ 166.35 $ 26.75

2,050.96

1,627.55

208.57

21U.8U

$ 6,026.21 $ 5,U09.70 1 37U.92 $ 2U1.59

$ 22,136.14 t 12,665.71 $ 8.U99.38 $ 971.05

$ U.52U.82 # 3.0U1.25 $ 615.32 1 868.25

INSTRUCTION Commerce Education Fine Art Home Economics Languages Mathematics Physical Education Science Social Science Slimmer School
TOTAL INSTRUCTION TOTAL EDUC. * GENERAL EXPENDITURES

$ 11,645.95 3,600.00 2.644.30 1,995.50
15.1U8.95 6,700.00 6,910.62
15,712.39 12,6lU.58 2,026.01 $ 76,998.28
U3735.09

$ 10.U00.09 3.600.00 2.515.00 1.862.00 12,900.00 6.700.00 5,852.50 13.U26.86
12,U99.91 2.026.01
* 71.782.57 &123,626.28

$ 517.26
83.55 133.50 175.03
1,058.12 1,390.26
110.87
1 3.U68.59 $15,384.15

$ 728.58
U5.75 73.92
895.27 3.80
$1,7U7.32 $4,024.66

NON-EXPENSE

Transfer to Plant Fund

$ 6,216.00

TOTAL EDUC. &GENERAL DISBURSEMENTS OE97251.09

B. AUXILIARY ENTERPRISES BOOKSTORE
CO-OP

$ 9.6U9.U5

$ 9.6U9.U3

$ 9,608.78 $ 1,292.35' $ 8,207.30 $ 109.13

DORMITORIES Davis Hall Fraser Powell Proctor Tanner TOTAL DORMITORIES
DINING HALL
FARM TOTAL AUXILIARY EXPENDITURES

$ U,lUl.21 $ 2.485.70 1 911.31 $ 7UU.20

3,46 .oi

2,276.03

805.58 32U.U0

5,392.81

1,772.75

1,315.58 30U.U8

2,677.85

1,683.30

692.38 302.17

1,582.99

776.U5

U67.62 338.94

$ 15,200.87 I 8.99U.21 U.192.U7 I2.04.19

$ 65,U56.81 $ 10,081.50 * 55,153.02 $ 222.29

$ 1,886.69 #

60.30 $ 1,826.39

1101,802.58 $ 20.U28.36 1 79*028.61 ^2,3U5.6l

NON-EXPENSE Transfer to Plant Fluids

$ lU,lU9.58

Transfer from Co-op to Student Act. 1,^95.20

TOTAL AUXILIARY DISBURSEMENTS

1117,6^7.5^

TOTAL CURRENT EXPENDITURES

J^837^67 &1UU.05U.6U $ 9U,Ul2.?6 $6,370.27

-191-

STATEMENT OF ORANGES IN CASH BALANCES For Year Ended June JO, 1950

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
PLANT FUNDS

Cash Balance Receipts Disbursements Cash Balance July 1, 19U9 Fr Year For Year June 30, 1950
$ U,U895U $15^.282.96 I l i # .25I.O9 $ 9.521.U1 17.118.2U 131.171.05 1:L76U756 50,6^1.93
$21,607.78 $285,U5k.0l 1266,898.U5 $1|Q,i 63."3S
$ 3,071.27 $ 32,265.38 $ 21,336.83 $iU>ooo.oo

AGENCY FUNDS Airport Room Reservation Fee Student Activity Student Deposits TOTAL AGENCY FUNDS
TOTAL

$ 1U8.61 810.00
1,056.23
285.7U $ 2,300.58

$ 8,5U0.20 3,580.00
2u.772.51 5.U08.85
$ U2,301.56

$ 8,331.10 2,730.00
2U.628.83 5.55U.05
$ Ul,2U3.98

$ 357.71 1,660.00
1,199.91 1U0.5U
$ 3,358.16

#26,979.63 $360,021.15 $329,U79.28 $57,521.50

BANK BALANCES
Coffee County Bank Farmers Bank Comptroller's Office

$ 23,879.12 33,501.8U 1U0.5U
$ 57,521.50

ATHLETICS Baseball Basketball Basketball Tournament Football
TOTAL ATHLETICS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1950

Cash BalanceReceiptsDisbursements Cash Balance July 1, 19U9 For Year For Year June 30, 1950

$

U1.3 0 $ 5U3 .3 5 $ - 502.05

552 .U6 1 ,283.05

1.36U.U3 1 ,202.03

- 811.97 81.02

5,052.75

8,653.03 - 3,600.28

$ 6 ,929.56 $ 11,762.8U $-U,833*28

STUDENT ACTIVITIES Alumni Association Annual Awards Honors' Day Camera Club Concert Series Glee Club Future Teachers o f America South Georgian Student Council Student Handbook Intra-Mural Sports
TOTAL STUDENT ACTIVITIES

$

51.00 $ 321*96 $ - 270.96

320.00

2,700.U5 - 2,380.U5

78.80 - 78.80

.86

.86

89.50

38U.2U - 29U.71*

1 .U0

-1 .U0

16.12 - 16.12

316.75 2,758.39

775*38 1 ,510.U8
183.88

- U58.63
l,2U7.91 - 183.88

108.12 - 108.12

~ T 3.535.6U $ 6,081.69 #-2 ,51*6 .0 5

OTHER AGENCY FUNDS Airport

$ 1U8 .6 1 $ 8,5UO.20 $ 8,331*10 # 3 5 7 .7 1

-192-

OTHER AGENC Y FUNDS (Continued) Room Reservation Student Fees Student Deposits Vending Machines Work Scholarship TOTAL OTHER AGENCY FUNDS
TOTAL AGENCY FUNDS

6ash Balance ReceiptsDisbursements Cash Balanoe July 1, I9I4.9 For Year For Tear June 30, 1950

$ 810.00 1 ,056.23 285.7^
t 2,300.58

$ 3,580.00 7 ,188.69
5,1+08.85 1,800.72 5,317.90 $ 3 1 ,836.36

$ 2,730.00
5 .55U .0 5 1,1+66.1+0 5*317.90 1 23,399.1*5

$ 1 ,660.00 8,2l*U.92 11+0.51+ 33U .32
tlO,737.1*9

$ 2,300.58 $ 1+2 ,3 0 1.56 t 1*1,21*3.98 $ 3,358.16

STATEMENT OP UNEXPENDED PLANT FUNDS Year Ended June 30, 1950

_________ Funds for Plant
Additions

BALANCE, BEGINNING OF YEAR

$ 3,0?1.27

ADDITIONS* Governmental Appropriations- State of Georgia Transfer from General Funds Transfer from Auxiliary Funds
TOTAL ADDITIONS

11,900.00 6,216.00 ll+,ll+9.58 $3 2 ,2 6 5 .5 8

DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Dining Hall Davis Hall Improvements other than Buildings Central Heating Equipment Davis Hall Dining Hall Gymnasium TOTAL FOR PLANT ADDITIONS

$ 6 ,813.90 819.80
3*071*27
U,555*22 1 ,960.66 1+*116.00 $21,336.85

BALANCE, END OF YEAR

$ll+, 000.00

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1950

VALUE OF PLANT, JULY 1 , I9I+9

$521,807.00

ADDITIONS DURING YEAR

Expended from Plant Funds

$21,336.85

Expended from Educational A General A Included in Current Expend. l+*02l+.66

Expended from Auxiliary Funds A Included in Current Expend.

2,3l+5.6l

TOTAL ADDITIONS

$ 27,707.12

VALUE OF PLANT, PLUS ADDITIONS

$5l+9,5ll+.12

DEDUCTIONS FOR YEAR Property Worn Out or Otherwise Disposed of Adjustments for Prior Year TOTAL DEDUCTIONS
INVESTMENT IN PLANT, June 30, 1950 -193-

$ 1,831*31 3*071.27 $ it,902.58
t5tUt.6n.5U

A. LAND Campus Off Campus
TOTAL LAND

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1950

Investment Year Beginning Acquired Of Year Additions

1907

$ 1 6 ,000.00 37,500.00
$ 53,500.00

Investment End of
Deductions Year
$ 16 ,000.00 3 7 ,500.00
$ 53,500.00

B. BUILDINGS Peterson Hall Auditorium Davis Hall Fraser Hall Powell Hall Bxntor Hall
Tanner Hall Dining Hall Shop Gymnasium Miscellaneous Library Building Science Building
TOTAL BUILDINGS

1907 1936 1907 1929 1907 1929 1929 1927 1953 1936
1939 19U6

$ 32,000.00

13 ,500.00



3 5,000.00 $ 819.30

ll+,000.00

3 5 ,000.00

]i+,000.00

1 2 ,000.00

20,000.00 6,813.90

1 ,500.00

18,000.00

1 7 ,900.00

3 5 ,000.00

18,000.00

$265,900.00 $ 7 .633.20

$ 3 2 ,000.00 1 3 ,500.00
3 5 8 1 9 . 3 0 ill,000.00 3 5,000.00 li),000.00 1 2 ,000.00 .2 6 ,8 1 3 .9 0
1 ,500.00 18 ,000.06 1 7 ,900.00 3 5,000.00 18,000.00
*2 7 3 .5 5 3 .2 0

C. IMPROVEMENTS OTHER THAN BUILDINGS Streets & Sidewalks Lighting System Heating System Marble Memorial Fountain Swimming Pool
TOTAL IMPROVEMENTS

$ 2,000.00 1 ,600.00
9 7 ,500.00 1 ,000.00 2,800.00
$10l+,900,00

$ 3 ,0 71.27 $ 3 ,071.^7

*3 .0 7 1.2 7 $3 ,0 71.2 7

$ 2 ,000.00 1 ,600.00
9 7 ,500.00 1 ,000.00 2,800.00
$10i|,900.00

D. EQUIPMENT Administrative Offices Plant Operations Library Instruction Dormitories Dining Hall Gymnasium Farm Co-op TOTAL EQUIPMENT

1 3 .675.87 $ 1 ,2 3 3 .12

7 ,667.52

3 10 .3 1

18,9 6 1 .1+3 1,1)00.00

58,1*9 5 .91*

7 1 2 .5U

ll,l+l+l+.56 6 ,586.33

9 ,1+05.96 2 .U6U.5 5

1+,519.20 U,216.00

1 ,177.00

2,159 .52

79.80

$ 9 7 ,507.00 $1 7 ,002.65

$1 ,8 3 1.3 1 $1 ,8 3 1.3 1

$ l+,908.99 7,977.83 20,3 6 1 .1)3
39,208.1+8
16 ,199 .58 1 1 ,870.51
8,7 3 5 .2 0 1 ,177.0 0 2 ,2 3 9 .3 2
$1 1 2 ,678.3]+

TOTAL

$52 1,807.00 $2 7 ,7 0 7 .12 $U,902.58 $5W+,611.51+

-194-

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O

Abraham Baldwin Agricultural College Tifton, Georgia

I

-195-

/

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Inventories (Org. Act.) TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Inventories (Store) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. LOAN FUNDS Cash in Bank Notes Receivable
TOTAL LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

BALANCE SHEET June 30 1950
ASSETS

$ 5 /1 0 5 .15 711.30
10,157.55 I 15,971.80

$ 10, 889.13 680.00 73i4.oi+
6,793.71 $ 19 ,096.88
$ 3 5 ,068.68

I 186.05

186.05

$ 788.1+8 1,368.35
$ 2 ,156.83

$ 12,1+21.00
$1 1 1 ,2 5 0 .11 1+98,239.05 197,019.92
$806,509.08
$818,930.08
$856,31+1 .61+

-196-

BALANCE SHEET June 30 1950

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Inventories Reserve Unearned Income General Surplus TOTAL GENERAL FUNDS

$ 712.1+U
10,157.35 1 , 163. 31+ 3,938.67

$ 15,971.80

B. AUXILIARY Purchase Orders Outstanding Inventories Reserve Unearned Income Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

I 913 .1+2 6,793.71 I+, 6L4JL1.. 50 6,7U5.25 $ 19 ,096.88
$ 3 5,068.68

I I . AGENCY FUNDS Fund B alance
TOTAL AGENCY FUNDS

$ 186.05 t 186.05

III* LOAN FUNDS Fund Balanoe

I 2,156.83

TOTAL LOAN FUNDS

* 2 ,156.83

IV. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 12,1+21.00

B. EXPENDED Invested in Plant

, 806 509.08

TOTAL PLANT FUNDS

$8 1 8 ,9 3 0 . 0 8 $856,31+1.61+

-107

STATEMENT OF CURRENT INCOME For Year Ended June 30 1950

EDUCATIONAL AND GENERAL STUDENT FEES Non-resident Tuition Matriculation Summer School Other Fees Clinical Fee8
TOTAL STUDENT FEES

General Income

Restricted Income

Total Income

$ 12.02U.79 3U,058.60
6,787.53 961.50
1.U97.90 * 55.350.32

$ 12.02U.79 3U,058.60
6,787-53 961.50
l,U97-90
$ 55,330.32

PUBLIC APPROPRIATIONS State of Georgia Regular Operations Vocational Rmds
TOTAL PUBLIC APPROPRIATIONS

$ 88,120.00

$ 88,120.00

$17,666.11 17,666.11

$ 88,120.00 $17,666.11 1105,786.11

SALES & SERVICES Farm Poultry Processing Plant
TOTAL SALES & SERVICES

$ 6,252.20 6,070.02
20,851.26
$ 33173.U8

$ 6,252.20 6,070.02 20,851.26
* 33.173.1*8

OTHER SOURCES Rents from property Miscellaneous Insurance - Tift Hall (Windstorm)
TOTAL OTHER SOURCES

$ 780.00
585.oU 320.uu
$ 1.685.U8

$ 780.00
585.0U 320 .uu "$ 1,685.1+8

TOTAL EDUCATIONAL AND GENERAL INCOME

1178,309.28 $17,666.11 $195,975.39

AUXILIARY INCOME BOOKSTORE
DINING HALL

$ 20,82U.85
$ 9k,130.72

$ 20.82U.85 $ 9U,130.72

DORMITORIES Lewis Hall Herring Hall Weltner Hall Lakeside Northside Breakage & Reservation Fees TOTAL DORMITORIES
VETERANS APARTMENTS

| U,62U.25 6,521.27 7.16U.23 1.395.00 1.005.00 l,U86*Uo
$ 22,196.15
t 6,139.39

$ U,62U.25 6,521.27 7,l6U.23 1.395.00 1.005.00 1.U86.U0
$ 22,196.15
t 6,139.39

TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME

#iU3,2 9 1 .1 1

#1U3,291.11

#321,600.39 $17,666.11 #339,266.50

-198'

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

A. EDUCATIONAL A GENERAL ADMINISTRATIVE A GENERAL Dean1* Office Business Office General Presidents Offioe Registrars Offioe
TOTAL ADMIN. A GEN.

Object Classification

Fund Classification

Salaries

Operating Supplies

General Restricted A Wages A Expense Equipment

T------------------------------------ ------------

$ 3 *900.00 8 ,5 5 0 .0 0 5. & 7.6 0 7,1+57.78 2,715.00
$ 28,170 .38

$ 3 ,900.00 8,55O.OO 362.ll $ 7,1+57.78 2,715.00
$ 22,981+.89 $

i+,7 9 .2 6 $ +,76 9 .26 $

I+I6 .2 3 I+I6 .2 3

STUDENT WELFARE

Dean of Men

$ 300.00

Dean of Women

2,210.00

Health Service

1,1+88.20

TOTAL STUDENT WELFARE $ 3,998.20

$ 3OO.OO 2,210.00 1 ,2 15 .5 0 $
$ 3,725.50 $

272.70 272.70

PHYSICAL PLANT

1 26,1+76.1+3

$ 10,7 6 5 .3 1 $ li+,6 1 7 .2I+ $1 ,093.88

LIBRARY

1 5,83!+.12

$ 1+,700.81+ $ 585.19 $ 5I+8.O9

INSTRUCTION Agriculture Teaching Short Courses Arts Home Economics Physical Education Science Summer School
TOTAL INSTRUCTION

$ 20,075.00
+,793.15 11,81+1.91+
7,71+6.69 l+,30l+.7i+ 11,581.08 6 ,9 10 .50 * 7 .2 5 5 .10

$ 19,695.10 $ 3,027.31+
ll,+2+.85 6 ,1+9 8 .6 0
2,1+1+9.35 11,117.96 6,910.50
$" 61,123.70 $

3 7 9 .9O 1,765.81
I+I7 .O9 9I+I.87 $ 1,1+21.93 I+5I.92
5,378.52 $

306.22 1+33.1+6
11.20
750.88

ORGANIZED ACTIVITIES Farm Poultry Processing Plant
TOTAL ORGANIZED ACT.

$ 8,879*1+1+ 7.28J.37 18,1+36.76
$ 3I+,599.57

$ 3 ,85l+.02 $ l+,900j+2 $ 12 5 .OO 1 ,028.75 6 ,25!+.62
1,333.67 16,978.39 I2I+.7 O $ 6,2 16 .1+1+$ 28,133.1+3 $ 21+9.70

VOCATIONAL EDUCATION TOTAL EDUC; A GEN. EXP.

$1 7 ,6 6 6 .11 $ 12 ,9 5 8 ,2 1 $ i+,70 7.90 $166,331.80 $1 7 ,666.1 1 .$122,1+71+.89 $ 58,l+61+.2i+ $3 ,058.78

NON-EXPENSE Transfer Plant Funds TOTAL EDUC. A GEN. DISB.

$ 9,858.03 $1 7 6 ,18 9 .8 3

B. AUXILIARY ENTERPRISE BOOKSTORE
DINING HALL

$ 18,871.51 $ 92,l+l!+.30

$ 1,71+6.88 $17,087.09 $ 3 7 .5I+ $ 18,120.08 $ 72,317.89 $1,976.33

199-

AUXILIARY EXPENDITURES (Continued) DORMITORIES Lewis Hall Herring Hall Weltner Hall Lakeside Northside TOTAL DORMITORIES
VETERAN HOUSING
RENOVATIONS TOTAL AUXILIARY EXPEND.
NON-EXPENSE Transfer to Plant Funds TOTAL AUXILIARY DISB.
TOTAL CURRENT EXPENDITURES

Fund Classification General Restricted

O bject C la s s ific a tio n Operating

Salaries

Supplies

<& Wages & Expense Equipment

$ 1+,1+79.1+1 1[,586.9U 6,362.89 1,557.76 1,239.95
$ 18,226.95
$ U,986.51
$ 8,1+82.21+ $11+2,981.51

$ 1,177.3U $ 3,08l+.99 $ 217.08

1,122.90 339l+.3 69.70

2,69)+. 52 3,141+9.58 218.79

597.08

873.00 87.68

1+73.75

563.85 202.35

$ 6,065.59 $ 11,365.76 $ 795.60

$ 671.10 $ 1+,215.27 $ 100.ll+

$ 91I+.I5 $ 7,117.07 $ 1+51.02 $ 27,517.80 $112,103.08 $3,360.63

$ 3,821.00 $11+6,802.51
$309,313.31 $17,666.11 $11+9,992.^9 $170,567.32 $6,1+19.1+1

STATEMENT OF TRUST FUND BALANCES Year Ended June 30 1950
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS* Gifts from Private Sources Interest on Notes Receivable
BALANCE OF PRINCIPAL, END OF YEAR

Loan Funds
$1,800.00
325*00 3183 $2,136,83

LOAN FUNDS Ruth F. Wright Harry F. Kulbersh Susie T. Moore
TOTAL TRUST FUNDS

STATEMENT OF TRUST FUND BALANCES BY FUND F o r Y ear Ended June 30, I95O

Fund Balance Beginning Of Year Additions

Fund Balan< End of
Deductions Year

$ 5OO.OO $ 3OO.OO
1 ,000.00

31.83 3 2 5 .OO

$ 531.83 6 25.OO
1 ,000.00

$ 1,800.00 $ 356.83

$2 ,156.83

- 200-

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1950

CURRENT FUNDS G eneral A uxiliaryR estricted TOTAL CURRENT FUNDS
AGENCY KINDS
LOAN FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts Disbursements Cash Balance

July 1, I9I+9 for Year

For Year June 30, I95O

2,983.70 15,080.55
$1 8 ,061+.23

$178,309.28
li+3,291.11 1 7 ,6 6 6 .11
$339,266.50

$176,189.83 11+6,802.51 17,666.11
$31+0,658.1+5

$ 5,103.15 11,569.13
$16,672.28

$ 20.70 $ 12,21+2.09 $ 1 2 ,076.71+ $ 186.05

$ 1 ,336.00 $ 877.99 $ 1,1+25.51 $ 78 8.1+8

$ 2,61+2.55 $ 17,679.03 $ 7,900.58 $12 ,1+21.0 0

$22,063.1+8 $370,065.61 $362,061.28 $30,0 67.81

BANK BALANCE The Farmers Bank of Tifton

$ 30,067 81

Student Activities Tabac Coca-Cola Machines
TOTAL

STATEMENT OF AGENCY FUNDS F o r Y ear Ended Ju n e 30, 1950

Cash Balance Receipts Disbursements Cash Balanoc July 1, I9I+9 For Year For Year June 30, 195C

$ 20.11 $ 5,301.00 $ 5,168.76 $ 15 2 .3 5

3,62i+.03 3,618.26

5.77

.59

3,317.06

3,289.72

27.93

$ 20.70 $ 12 ,21+2.09 $ 12,076.71+ $ 186.05

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1950
BALANCE, BEGINNING OF YEAR
ADDITIONS: Governmental - State of Georgia Transfers From General Funds From Auxiliary Funds TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings Tift Hall Poultry Plant

Funds for Plant
Additions $ 2,61+2.55
$ l+,000.00 9,858.03 3,821.00
$1 7 ,679.03
$ 789.05 5,723.29

-201-

DEDUCTIONS (Continued) Other Improvements Water System Lighting System Fences
Equipment Poultry Plant TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds fo r P lan t
A dditions
$ 5 13 .6O 6O.OO 100.00
7,900.58 $12,1+21.00

SUMMARY OF INVESTMENT IN PLANT As of June 30 1950
VAUJE OF PLANT, JULY 1, 19*49
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational end General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Gifts of Plant Assets Adjustments for Prior Years Buildings Equipment
VALUE OF PLANT, PLUS ADDITIONS, JULY 31, 19*49
DEDUCTIONS DURING YEAR Equipment Worn Out Equipment Adjustments for Prior Years
INVESTMENT IN PLANT, June 30, 1950

$797,657.73
$ 7,900.58 3,058.78 3,360.63 l+,33i+.QO 1,01+1.71
15,760.14+ 35,1+56.11+
$833,113.87
$ 659.61 25,91+5.18 26,60l+.79 $8 0 6 ,5 0 9 .0 8

A . LAND Campus and Farm TOTAL LAND
B. BUILDINGS Veteran Apartments (1+) Library Tift Hall (Adm.) Aud it or ium-Gymnasium Dining Hall Weltner Hall Herring Hall

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1950

Investm ent Year B eginning A cquired Of Year

Additions

I907 $ 10,000.00 $ 10,0 0 0.0 0

Investment End
Deductions Of Year
$ 10,000.00 $ 10,000.00

I9I+8 1938
I907 I938 1938 1936 I907

$ 1+0 , 000.00 10,000.00 59,180.19 $ 67,221.01+ 31,71+3.85 50,265.00 1+0 , 0 0 0 .0 0
- 202-

789.05

$ 1+0 , 000.00 10,000.00
59,969. 67,221.
31,71+3.
50,265. 1+0 , 000.

88F-

BUILDINGS ( C o n tin u e d ) Lewis H a ll N orthside Home E conom ics P r e s i d e n t ' s Home Shop Number One Shop Number Two A griculture Old Reo H a ll (L akeside) Processing P lan t S to ra g e Log Cabin P o u ltry Houses Bam T e n a n t Number One T e n a n t Number Two
TOTAL BUILDINGS

Investm ent Year B eginning A cquired Of Year

A dditions

D eductions

Investm ent End
Of Year

1907
19l4
19U1 1915 1935 191*3 19U0
19i7 191+2 19U0 1937 19U1 I9UI 19U0 19l*3

$ h l t 896.00
10,187.50 15,000.00
n ,ii2 ii.a i
6,000.00 3opo.op 32,126.65 22,500.00 40,000.00
500.00 4,325.56 3,758.00
957.00 300.00 300.00
$1490,685.00

$ 6,722.00 43.00
$ 7,5514.05

$ 41,896.00
10,187.50 15,000.00 11,4214.21 6,000.00 3,000.00 32,126.65
22,500.00 40,000.00
500.00
U,325.56 10,1480.00
1,000.00 300.00 300.00
$"498,239.05

C. OTHER IMPROVEMENTS H eatin g System W ater System E l e c t r i c a l System Sewage D isp o sal Campus B e ll System Pences
TOTAL IMPROVEMENTS

I 9I+8
19U9 I9U9 19148 I9U9 19l*9

$ 76,756.314 14,370.76 1,983.50 12,690.91 275.00
1^96,076.51

$ 4,500.00 513.60 60.00
100.00 $ 5,173.60

$ 81,256.314 4,88)4.36
2,0)43.50 12,690.91
275.0 100.00
$101,250.11

D. EQUIPMENT T ift H all A dm inistrative Classroom s Scienoe Labs Log Cabin L ibrary Aud i t o r ium-Gymnas ium D ining H all W eltner H all H erring H all Lewis H a ll F urnishings Home M anagem ent A p a rtm e n t Home E conom ics B u ild in g V eteran A partm ents N orthside Shop B u ild in g Number One Shop B u ild in g Number Two A g ricu ltu re B uilding Old Rec H a ll (L a k e sid e ) P rocessing P lan t Storage B uilding P o u ltry Houses B arn
P a m sind Campus A utom otive (T rucks, B uses, e t c . )
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 5,190.75 $ 688.50 859.00

7,072.25

103.82

. 1,033.00

5142.00

33,193.25

5148.09

25.871*. 50 15,317.00 5,852.00 3,961.00

433.1+6 2,1427.35
218.79 $ 218.79 I430.OO

3,627.00 2,267.85

217.08 13.96

2142.08

5,136.16 6,000.00 1,14140.50

9ll*.35 100.114 36.35

100:114 98.60

19,371.145 2,6914.140 4,580.00 6,653.00

3,387.00 3,906.30

5,323.00 7,1481.25

87.68 2,1463.68 495.00

5,500.00 951.78 8hh28

1,751.00 71I4.6I4 338.1*2 409.70

19,1433.20 17,200.00

1,093.88 18,892.08 2,500.00

$200,896.22 $22,728.149 $26,604.79

1797.657.73 $35,1456.114 $26,6ol4.79 -203-

$ 5,879.25 859.00
7,176.07 1,575.00 33,7141.3)4 26,307.96 17,714)4.35 5,852.00 4,391.00
3,602.00 2,281.81 6,050.51 6,000.00 1,378.25 22,065.85 11,233.00 7,293.30 2,9147.00 7,976.25 3,7149.00 1,328.00 1,253.98
1 . 6 ^ r . oq
114,700.00
$197,019.92
$806,509.08

GEORGIA EXPERIMENT STATION FINANCIAL REPORT
FOR THE YEAR ENDING JONE 30, 1950
Georgia Experiment Station Experiment, Georgia
- 205-

BALANCE SHEET June 30 1950
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Aoeounts Receivable TOTAL GENERAL FUNDS

$ 12,737.31+ 2,297.08 $ 15.031+.1+2

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
, TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash in Bank TOTAL UNEXPENDED

$ 78,702.97 2 ,906.09 I 8 1 ,609.06
$ 96,61+3.1+8
$ 7 .700.00 * 7.700,00

B. EXPENDED Land Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$235.1+67.1+0 31U,355.00 1+17,982.87 $967.805.27
$ 975.505*27
$1,072,11+8.75

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balance TOTAL UNEXPENDED
B. EXPENDED Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES & SURPLUS

$ 1+61.67
3,2lU.85 11,357.90 ---------

$ 1 5 ,03!+.1+2

$ 81, 609.06 ----------- $ 81, 609,06

$ 96,61+3.1+8

$ 7 , 700.00 ' $ 7, 700.00

$967,805.27 --------- $967,805.27

$ 975,505.27

-206

$1,072,11+8.75

STATEMENT OP CURRENT INCOME For Year Ended June 30# 1950

PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Hatch
Purnell Bankhe ad- J one s Research & Marketing Regional Research Title II Fund
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Anonymous Contribution Georgia Canners Association Georgia Power Company International Mineral <fc Chemical Company National Confectioners Association Phosphate Research Committee Swift and Company Tennessee Eastman Corporation C. E. Williams Tennessee Valley Authority Willingham Little Stone Company Refrigeration Research Foundation Miscellaneous Gifts for Pictures in Fubli TOTAL GIFTS AND GRANTS
SALES AND SERVICES Bulletins Dairy Products Equipment Farm Produce Food Processing Eatonton Timber Sales Eatonton' Livestock Sales Horticulture Livestock Miscellaneous Seed Revolving Wool
TOTAL SALES AND SERVICE
OTHER SOURCES Southern Piedmont Rents from Property A. A. A* Parity TOTAL FROM OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

General Inoome

Restricted Income

Total Income

l U #27U.OO

$1141,2714.00

$1141,2714..00

$ 15,000.00 1 5 ,000.00 15 ,000.00 1 5 ,000.00 60,000.00 60,000.00
10 1,1476.80 101,1476.80 120,955.28 120,955.28 32,050.00 32,050.00 214,200.00 214,200.00
$368,682.08 "T509#956.08

$ 1,832.00 $ 1,832.00

1,000.00

1,000.00

3,500.00

3 ,5 0 0 .00

4,000.00

14,000.00

1,500.00

1 ,500.00

2 ,500.00

2 ,500.00

1,000.00

1 ,000.00

1,1400.00

1 ,400.00

100.00

100.00

16 ,7 6 8 .16

16 ,7 6 8 .16

3U9.00

31+9 .0 0

7,600.00

7 ,600.00

n

685.00

685.00

$ 142,234.16 $ 142,2 3 4 .16

$ 13.50 11,050.26 1,062.50 26,U99.75 88I4.62
1,387.81 19,238.32
290.83
51+8.95
4 60,976.5U

$ 8O5 .5 6 9,1409.82
6,708.00 1 16,923.38

$

13.50

1 1 ,050.26

1 ,062.50

2 6 ,14 9 9 .7 5 884.62

805.56

9 ,1+09.82

1,387.81

19,238.32

290.83

6,708.00

51+8.95

$ 77.899.92

$ 100.00
12,379.83 21414.1414
12 ,7214.27

$ 100.00 12,379.83 2l+l4.l4l4
$ 12,724.27

$2114,9714.81 $1427,839.62 $61+2,8114.43

- 207-

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

ADMINISTRATIVE AND GENERAL Com ptroller^ O ffice D irector*s O ffice General
TOTAL ADMIN. * GEN.

i\ind C l a s s i f i c a t i o n General R estricted

S a la r ie s and
Wages

O p eratin g
Supplies Sc Expense Equipment

1 2,361.62 1 2,890.00 $ 5,21+0.00 $

11.62

11,090.70 5.8+5.77 15,700.00 1,236.1+7

17,960.18 1,817.23 6,102.90 13,671+.52

$ 31,12.50 t 10,553.00 $ 27,01+2.90 $ li+,922.60

PHYSICAL PLANT LIBRARY

$ 29,282.13

$ 6,1+80.07 $ 22,1+91.69 $ 3IO.37

$ 2,623.22 $ 3,12l+.26 $ 3,033*81+ $ l,ll|l+.l+6 $ 1,569.18

ORGANIZED RESEARCH A g ric u ltu re Economics

$ 11,109.60 $ 76,75^*37 $ 70,387.38 $ ll+,712.26 * 2,761*.33

Agronomy Animal In d u stry

19.316.36 61+.131+.32 61+,9l+3.58 13.i1U i.63 5.O65.I+7 13,762.87 63,913.31 1+7,752.82 27.359.00 2,561+.28

Botany

il+,il+o.33 27,71+6.07 35,603.98 1+,005.01+ 2,277.38

C hem istry Eatonton P roject

3,159.03 22,3QU.23

21,116.28 29,012.28

22,062.58 17,283.59

2,212.73 20,871.39 13,161.53

Entomology

2,335.18 1I+, 189.31 11,927.36 2,002.01 2,595.12

Food P ro c e s s in g Ga. Mountain Exp. S ta .

3,263.30 32,l+0l+.6l 2l+,l+8l+.o6 6.U32.52 U.751.33 20,500.17 26,873.16 33,560.20 9.U53.13 l+,36o.oo

Ga. Crop Improvement Assc ! . U,562.99

3,31+1.1+1 1,221.58

Home Economics

U, 518.95 16,51+2.88 15,513.35 2,1+78.30 3,070.18

H orticulture

19,160.29 33,000.50 <2.025.51+ 7.39U.95 2,71+0.30

Primary S ta tio n

1+7.02 9,195.26 1+,296.10 1,575.61+ 3.368.51*

Seed R e v o lv in g Fund

5,779.13

5,779.13

TOTAL ORG. RESEARCH $138,180.32 $U20,659.U8 $393,181.95 $118,939*39 $1+6,718.1+6)"

TOTAL CURRENT EXPEND.

$201,1+98.17 $i+3l+336.7l+ $1+29,738.76 $157,1+98.11+ $1+8,598.01

NON-EXPENSE Escrow Funds T r a n s fe r t o P la n t Fttnd
TOTAL DISBURSEMENTS

$ 6 ,200.00

700.00

$ 20 7,698 .17 $1+35, 036. 71+

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1950

Balanoe Beginning
Of Year

Income For
Year

Expenses For
Year

Balance End Of
Year

American P la n t Food C ouncil American P otash Company Anonymous C o n trib u to r Escrow Funds - Timber F u lto n Bag Sc Cotton Company Georgia Canners A ssociation

$ 57.02

$

5 7 .0 2

91+1 .9 5 $ 1,832.00

2I+O.OO i* 701.95

1,692.91+

I39.O6

700.00

700.00

1U9.59

11*9 .5 9

165. 51+ 1,000.00

957.72

207.82

- 208-

RESTRICTED FUNDS (Continued) 6. F. A. Peanut Association Georgia Power Company International Mineral A Chemical Co. Eatonton Timber Sales Eatonton Livestock Sales National Confectioners Association Phosphate Research Committee Seed Revolving Rind A. E. Staley Company Swift and Company Tennessee Eastman Corporation Tennessee Valley Authority Refrigeration Research Foundation C. E. Williams Willingham Little Stone Company Miscellaneous Contributions for Pictures Hatch Fund Adams Fund Purnell Fund Bankhead-Jones Fund Research and Marketing Fund Regional Research Fund Title II Fund
TOTALS

Balance Income

Beginning

For

Of Year

Year

Expenses For
Year

Balance End of
Year

$30,POO. 00

$ 10,81*5*72 $19,151**28

$ 3 ,500.00 2,1*16,2 9 1,083.71

2,168.75 1*,000.00 1,323.57 1*,81*5.18

31,701.80

805.56 29,012.28 3,1*95.08

9 ,1*09.82

9 ,1+09.82

1 ,500.00 1 ,500.00

2 ,500.00 1,915.1*8

581*. 52

11,395.09 226.08

6 ,7 0 8 .0 0

5,779.13 12 ,323.96 226.08

2 ,76 7.62

1 ,000.00

3 ,002.58

765.01+

1 ,1*00.00

525.63

87U.37

- 1,575.92 16 ,76 8 .16 18,098.33 - 2,906.09

7,600.00 3,908.39 3,6 9 1.6 1

100.00

100.00

31*9.00

31*9 .0 0

685.00

685.00

1 5 ,000.00 1 5 ,000.00

1 5 ,000.00 1 5 ,000.00

60,000.00 60,000.00

10 1,1*76.80 101,1+76.80

861*.78 120,955.28 117,l*9l*.88 1*,325.18

1,337.79 32,050.00 23.1+7 1 .9 3 9,915.86 5,000.00 2i+,200.00 19,793.38 9 ,1+06.62

$85,900.09 $1+27,859.62 $1*35,036.71* $78,702*97

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30* 1950

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts )isWrsements Cash

July 1, 19^9 For Year For Year Balance

~~~

' --- ---------- "

$ 5,1+60.70 $2li+,97l*.8l $207,6 98 .17 $12,737.3!+ 85,900.09 1*27,839.62 1*35,036.71* 78 ,70 2.97

$9 1 ,360/79*$61*2,811*.1*3 $61*2,75l+.9i ^91,14*0.31

$ 11,200.00 $ 3,500.00 $ 7 ,700.00

$91,360.79 $651*,Oil*.1*3 $61*6,231*.91 $99,11*0.31

BANK BALANCES
Petty Cash State Bank, Griffin, Georgia
Educational and General Account Commercial Bank and Trust Company, Griffin, Georgia
Educational and General Account Agenoy Funds Seed Revolving Fund
TOTAL

$ 100.00
33,051*.29
$ 22, 01*2 .1+8 31,619.58 12,523.96 65,986.02 " *9 9 ,11*0 .3 1

- 209-

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950
BALANCE, BEGINNING OF YEAH
ADDITIONS: Transfer from General Funds Sale of Land TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Machinery Shed Barn (Mountain Station) TOTAL EXPENDED FOR PLANT ADDITIONS
BALANCE, END OF YEAR

Fund For P lant
A dditions S ' - - "`
6,200.00 5,000.00 1 11,200.00
2,500.00 1,000.00
1 3,500.00 $ 7,700.00

SUMMARY OF INVESTMENT IN PLANT
As of June JO, 1950

VALCJE OF PLANT, JULY 1, I9I+9

*9 0 1 ,6 5 8 .3 5

ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Adjustments for Prior Years TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS
DEDUCTIONS DURING YEAR Land Sold Property Worn Oqt or Otherwise Disposed of Adjustments for Prior Years TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE JO, 1950

3.500.00
68,932.99 3,l462l40 * 7 5 .895.39
*9 7 7 .55 3 .72
5,000.00 3 ,71+8 .1+5 1,000.00 * 9.7lt8.te
967,805.27

STATEMENT OF INVESTMENT IN PLANT
Y ear Ended Ju n e JO, 1950

A. LAND

Georgia Experiment Station

123

acres

335.56 acres

2I4O

acres

251.6 acres

9

aores

61+.1+ acres

90 aores

Year Acquired --------

Investment

Investment

Beginning

End of

Of Year Additions Deductions Year

I889
1937 I9I+I 191+2
I9I+3 I9I+5 1907

|22l+,680.00 I 3.U62.1+0 15.000*00 |223,li|2.l40

-210

LAND (Continued)

Georgia Mountain Station

200

acres

177

acres

TOTAL LAND

investment

Investment

Year Beginning

End of

Acquired Of Year Additions Deduotions Year___

1932 19)48

5>500.00

5,500.00

6 ,8 2 5 .0 0

6 ,825.00

237,005.00 $ 3 ,1+6 2.1+0 1 5 ,000.00 235,1+6 7 .1+0

B. BUILDINGS

F ly n t

I929

Auditorium

S o il Laboratory

N utrition Laboratory

19I4.O

Old H o rtic u ltu re B u ild in g

New H o r t ic u ltu r e B u ild in g

I9I48

D airy Building

191+0

Cow T e s tin g B u ild in g

C a ttle Sleeping Barn

C a ttle S le ep in g Barn

Swine Barn

P o ta to S to ra g e House

S lau gh ter House

U t i l i t y Bern

Agronomy Greenhouse

Chem istry & H o rtic u ltu re Greenhouse

Botany Greenhouse

Jftid B u ild in g

General Storage Building

Mule Barn

F e r t ilis e r A Seed Barn

I9I+I

Maohine Shed & Tool Shop

M achinery Shed <fe Mule Barn

1950

D rying House

Sanford Barn

New Gin House

19I46

Food P ro ce ssin g L aboratory

19I+8

R esid en ces and Tenants

W eighing O ffio e & Shed

Barn

Implement Shed

Peach P ack in g A Implement Shed I9I+9

Barn

Agronomy Implement Shed

I9J49

Forage Crop & Grain D rier

19I+9

Sheep Shed

C a ttle Feeding Sheds

Mule Feeding Shed

Pump House

T r a ile r s (Housing)

G eorgia Mountain S ta tio n

U tility

O ffice

Community Cannery

Shop & F e r t i l i s e r House

L iv e sto ck Barn

2 Residences

Cow Barn

F b re s t T o o l House

60,000.00

60,000.00

1 ,900.00

1 ,900.00

3 ,000.00

3 ,000.00

8,000.00

8,000.00

3 ,000.00

3 ,000.00

50,000.00

50,000.00

8,000.00

8,000.00

1 ,000.00

1,000.00

500*00

500.00

5 ,000.00

5 ,000.00

2 ,0 00.00

2,000.00

700.00

700.00

1+00.00

1+00.00

2,000.00

2,000.00

1 ,500.00

1 ,500.00

2,000.00

2,000.00

5 ,000.00

5 ,000.00

1 ,300.00

1 ,300.00

2,000.00

2,000.00

3 ,000.00 3 ,500.00

3 ,000.00 3 ,500.00

1,000.00

1 ,000.00

2 ,500.00

2 ,500.00

1 ,500.00

1 ,500.00

6,000.00

6,000.00

6,000.00 2 5 ,000.00 7 0 ,000.00
600.00

6,000.00 2 5 ,000.00 70 ,000.00
600.00

1,000.00 600.00
7 ,000.00 1,000.00 1 ,500.00 1,000.00
800.00 1 ,600.00
1+00.00 200.00 5,500.00

1,000.00 600.00
7 ,000.00 1,000.00 1 ,500.00 1,000.00
800.00 1 ,600.00
1+00.00
200.00 5 ,50 0 .00

71+0.00 1,000.00
725.00 200.00 625.00 3 ,000.00 25.00
20.00

71+0.00 1 ,000.00
725.00 200.00 625.00 3 ,000.00
25.00 20.00

- 211-

BUILDINGS (Continued) Storage Cellar Exhibit Sheds Pottery Dairy Building 3 Residences Garage Livestock Barn it Machinery Shed Calf Barn Dairy Barn Sheep Shed TOTAL BUILDINGS
C. EQUIPMENT Trailer Camp Administrative Agrio. Economics Agronomy Animal Industry Botany Chemistry Eatonton Area Project Entomology Food Processing Georgia Mountain Station Home Economics Horticulture Library Primary Station TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

investment

Investment

Year Beginning

End Of

Acquired____ Of Year Additions Deductions____ Year

I9I+8 191+8 191+8 191+9
19U8y 191+9 191+9

$ 200.00 130.00 ll+o.oo
1+,500.00 1 ,600.00
50.00

$ 200.00 130.00
ll+O.OO
i+,500.00 1 ,600.00
50.00

$ 1 ,000.00

1 ,000.00

1+00.00

1+00.00

3 ,250.00

3 ,250.00

750.00

750.00

$3 1 1 ,855.00 $

$1 ,000.00 $311+,355*00

00 L00f\ KN

$ 1 ,0 95.75

$ 1 ,0 95.75

5 ,370.96 $ 310.37 612.55 5 ,068.78

8,1+23.87 2,761*.33 150 .96 1 1 ,0 37.21+

59,237.1*5 10,858.23

70 ,095.66

89,6 95.81 9.187.5U

9 8 ,883.35

19.389.87 2,277.38

21+.83 21,61+2.1+2

35,617.87

758.38

36,376.75

1+7,926.00 13 ,16 1.5 3 2,666.53 58,1+21.00

2,813.U3 i+,6 16 .I+O
12,1+57.25 U,751.33 19,321.65 6,10 5.65

268.53

7 ,1*29.83 16 ,91+0.05
25,1+27.30

ll+,696.3I+ 3,1+70.10
2 1 ,595.85 2 ,71+0.30 15,156.25 3.01+5.00

18,166.1+1+
25.05 2i+,3 1 1 .1 0 18,201.25

1+, 885.95

1*,8 8 5 .9 5

$352,798.33 $68,952.99 $3,71+8.1+5 11+17,982.87

$901,658.33 $75,895*39 $9,7l+8Ji5 $967, 805.27

- 212-

GEORGIA COASTAL PLAIN EXPERIMENT STATION FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O
G eorgia C o astal P la in Experim ent S ta tio n T ifto n , G eorgia
-213

BALANCE SHEET
Ju n e 30* 1950
ASSETS

I . CURRENT "FUNDS A. GENERAL Cash in Bank TOTAL CURRENT FUNDS

$ 15,699.53

B. RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS

$ i+,880.78

U, 880.78 $ 20, 580.31

I I . PHYSICAL PLANT A. UNEXPENDED Cash in Bank
B. EXPENDED Land B uildings Equipm ent TOTAL EXPENDED
TOTAL PHYSICAL PLANT
TOTAL ASSETS

$ 32,920.78
$181,675.1+0 31+2 ,932.1+8 19!+,2 l6 .1+0 $718,821+.28 $751,71+5.06 $772,325.37
LIABILITIES

I . CURRENT FUNDS A . GENERAL A coounts Payable Purchase O rders O utstanding A m erioan Tobacco Company Fund G eneral Surplus TOTAL GENERAL

$ 75.91 788.98 800.00
ll+,03i+.61+
$ 15,699.53

B. RESTRICTED Fund B alance TOTAL RESTRICTED
TOTAL CURRENT FUNDS

$ l+,880.78 $ L+,880.78
$ 20,580.31

I I . PHYSICAL PLANT A. UNEXPENDED Fund Balanoe
B. EXPENDED Investm ent in P la n t
TOTAL PHYSICAL PLANT
TOTAL LIA B ILITIES, SURPLUS, AND FUND BALANCES

$ 32,920.78
. 718 821+.28
$751,71+5.06 $772,325.37

- 214-

STATEMENT OP CURRENT INCOME For Year Ended June 30, 1950

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS AND GRANTS United States Golf Assooiation
SALES AND SERVICES Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Farm Forage & Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tobacco Timber
TOTAL SALES AND SERVICE
OTHER SOURCES A.A.A. Rents from Property TOTAL FROM OTHER SOURCES
TOTAL INCOME

General Income

Restricted Income

Total Inoome

$18 5,000.00

$18 5,000.00

$ 2,570*00 $ 2,570.00

$ U67.6 6
1,544*31 51,583.14+
175*00 18,812.08 12,096.63
2.00 283.00 7,934*28
i46o 396.09 8,401.49 387*10 7.302.I4I 6,000.00
$113,1400*09

$ 467.66
1,5144.31 51.583.1+1+
175*00 18,812.08 12,096.63
2.00 283.00 7,934.28 14.60 396.09
8,4oi.49 387.10
7,302.1+1 6,000.00
$115,li00.09

$ 166.93 2,484.00
$ 2,650.93
$303,051.02

$ 2,570.00

$ 166.93 2,1+84.00
$ 2,650.93
$305,621.02

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

ADMINISTRATIVE AND GENERAL Director's Office General TOTAL ADMIN. & GENERAL
PHYSICAL PLANT Plant Operation
LIBRARY

Fhnd Classification General Restricted

UUJOO t oxassirioatlon

Salaries Operating

and Wages

Supplies
!b Expense Equipment

$ 12,892.77 8,8 9 5 .5 6
$ 21,788.33

$ 12,119.96 $ 772.81 1 ,860.62 6,882.02 $
$ 13,980.58 $ 7.6511.83 ft

152.92 152.92

$ 18,676.68 $ 4,562.35

$ 10,141.05 $ 8,248.27 $ 287.36 $ 2,761.65 * 1,360.21 i 44oi+9

-215-

CURRENT EXPENDITURES (Continued) ORGANIZED RESEARCH
Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Entomology Farm Forage & Pastures Grass Breeding Horticulture Nematology Plant Pathology Range Grazing Seed Certification Shade Tobacco Soils Tobaooo
TOTAL ORGANIZED RESEARCH
TOTAL EXPENDITURES

i\ind Classification General Restricted

Qb.jeot Classification

Salaries Operating

and

Supplies

Wages A Expense Equipment

$ 6,735.96

$ 5,251.52 $ 1,1+16.39 $ 68.05

21.U93.19 59,070.09

17,865.3U 3,225.60

I+O2.25

21,507.29 22,035.81+ 15,526.96

16,079.01

11,283.53 2,733.19 2,062.29

12,2ll+.3U 7,386.58

5,958.02 6,21+0.68 6,1+20.26 i+10.32

15.61+ 556.00

n,i*oU.i3

7,012.1+3 U, 385.25

6.1+5

10,335.28

7,1+79.89 2,21+7.62

607.77

3,52l+.25 $2,615.50 U.97U.2U 1,161.76

3.75

39,3ll+.62

31,569.91+ 5,919.61 1,825.07

1,179.92

1,132.87

U7.05

5,312.01+

1+, 692.2I+ 1+10.ol+ 209.76

6,597.88

U. 357.35 2,176.1+5

61+.08

U .132.83 27,1+03.89

3,578.21+ 531.61+ 19,667.61+ 7,058.72

22.95 677.53

8,777.83 8,318.79

7,1+68.38 1,059.70 6,1+88.91 1,167.51

2I+9.75 662.37

$21+9,280.63 $2,615.50 $166,708.09 $62,227*37 $22,960,47

29U,307.99 $2,613.30 H93591*37 <79U90.68 $23,81+1.1+1+

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1950

Balance Beginning
Of Year

Income For
Year

Expenses For Year

Balance End of
Year

U. S. Golf Association Fund TOTAL

$ J+,926.28 I 2,370.00 I 2 ,613.30 1+,880.78 U,926.28 $ 2,370*00 2,613.30 $ 1+,880.78

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1950

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts Disbursements Cash July 1, 19U9 For Year For Year____ Balance
I 6,956.50 $303,051.02 $29!+,307 .99 H5.99.53 l+,926.28 2,570.00 2,615.50 1+,880.78
$11,882.78 $305,621.02 $296,923.149 $20,580.31
$ 3,1405.26 $ 53,000.00 $ 23,l+8l+.l+8 $32,920.78
$15,288.01+ $358,621.02 $320,1+07.97 $53,501.09

BANK BALANCES

Bank of Tifton, Tifton, Georgia Educational & General Account Restricted Funds

TOTAL

- 216-

$ 1+8,620.31 1+,880.78
$ 53,501.09

STATEMENT OF UNEXPENDED PLANT FUNDS Tear Ended June 30, 1950
balance, beginning of year
ADDITIONS * S ta te of G eorgia For Animal D isease L aboratory TOTAL ADDITIONS
DEDUCTIONS: B uildings Animal D isease L ab o rato ry
BALANCE, END OF YEAR

Fund For P lant
A dditions | 3^405.26
5 3 00000 56,405 2>
$ 23,UaUU8 32, 920.78

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1950
VALUE OF PLANT, JULY 1 , 191+9
ADDITIONS DURING YEAR Expended from P la n t Finds Expended from E d u catio n al and G eneral Funds and in clu d ed in C urrent E xpenditures A djustm ents fo r P revious Years TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS
DEDUCTIONS DURING YEAR B u ild in g s Dem olished A djustm ents fo r P rio r Years TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1950

I670.566.9i

$23,l+8l+,ii8
J |J. 1 gg pi
------| 0 ,Q l3 . i 3
$ 7 1 9 ,5 8 2 .OU

I 375*00 3 8 2 .7 6
t

757*76

I718.82U.28

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30, 1950

ND
C o astal P la in Experim ent S ta tio n 206.22 A O rig in a l T ract 62.97 A T if t # 1 T ract 61.60 A T ift $ 2 T ract 109*50 A Henry T if t T ract 56.77 A M itch ell T ract 2ll+*70 A C hoate T ra c t l65*00 A C ollege T raot 552*90 A .Carson T ract 2.25 A T ifto n R ealty T ract 1*00 A Fiilwood T ra c t

Year A cquired
I 919 1925 1932 1935 1935 1936 1937 1937 1937 1937

-217

Investm ent B eg in n in g
Of Year A dditions

D ed u o tio n s

Investm ent End
Of Year

$ 20, 622.00 6,297*00 6, I 60.OO
1 0 ,9 5 0 .0 0
5 .6 7 7 .0 0
1 0 ,7 3 5 .0 0 16, 500.00 3 6 ,3 9 5 .0 0
225.00 300.00

$ 20, 622.00 6. 297.00 6. 160.00
10. 950.00
5 .6 7 7 .0 0
1 0 .7 3 5 .0 0 16 . 500.00
3 6 .3 9 5 .0 0 225.00 300.00

LAND ( C o n tin u e d ) 67*00 A Cook County T ra c t 28*13 A Grimes T ra c t 4.62 A S a u n d e rs T r a c t
l425*08 A D e c a tu r Co. T r a c t Ul.8O.i4O A A lap ah a T r a c t
147*00 A A la p a h a T r a c t 53*50 A A lapaha T ra c t 1223.30 A A lapaha T ra c t 5lU*00 A C a rp e n te r T ra c t 5275.92 A T o ta l Land
B. BUILDINGS R esearch B uilding E xtension B uilding G reenhouse Greenhou se Feed Sample House E n g in eer' s shop W eather Bureau house S uperinten d en t's dw elling Farm m achine shed Nematology shop Car shed Main b a rn H o rticu ltu re barn Em ployees' c o tta g e s , 6 @ 2,000 Gin and seedhouse P otato curing house Tobaoco packhouse Tobaoco f e r t i l i z e r house Tobacco curing barn Tobacco curing barn Tobacco c u rin g barn Tobaoco cu rin g barn Tobaoco cu rin g b arn , t i l e E m ployee's c o tta g e Tobacco packhouse Em ployee's o o tta g e S oils laboratory E m ployee's c o tta g e Employee *s c o tta g e H o r tic u ltu r e main b arn E m ployee's c o tta g e Grass b reed in g barn Pump h o u s e G arage Agronomy s to ra g e b a rn Shed and sto ra g e b arn Em ployees' c o tta g e s , 2 @ 2,000 Agronomy b a r n s , 3 @ 4,000 Forage & P astu res sto rag e barn F e rtiliz e r build in g E m ployee's o o tta g e E m ployee's c o tta g e Tobacco Curing barn

Year A cquired

Investm ent B eg in n in g
Of Year

A dditions

1938 19U0 19i*0
1939
19hl
1941 I 9U I
I9kl 19U1

$ 2, 675.00 5. 626.00 1 . 600.00
10, 626.50 lU ,80l4.00
1 . 175.00
567.75 1 2 , 814^.65
17,895*50 1 18 1 , 675.140 ~

Investm ent

D ed u ct- End

io n s

Of Year

$ 2 , 675.00 5 . 626.00 1 . 600.00
10. 626.50 lU , 8014.00
1 . 175.00
567.75 12, 81414.65
1 7 .8 9 5 .5 0
$181,675,140

1937 1922
19U9

# 60, 000.00 l46. 50O.OO
u,000.00
15 , 337.00 200.00
1 , 000.00 100.00
4, 000.00 1 , 000.00
750.00 1 , 600.00 6, 000.00
500.00 12, 000.00 7 , 650.00 3, 000.00
3, 1400.00 850.00 200.00 300.00 333.00 300.00 500.00
1 , 500.00 300.00
800.00
1 ,8 0 0 .0 0 600.00 500.00
4, 000.00 400.00 400.00 50.00
Uoo.oo
1 , 000.00 2, 000.00 4, 000.00 12, 000.00
200.00 1 , 000.00
550.00 1 , 500.00
300.00

-218-

$ 60, 000.00 46, 500.00 4, 000.00
1 5 ,3 3 7 .0 0 200.00
1 , 000.00 100.00
4, 000.00 1 , 000.00
750.00 1 , 600.00 6 , 000.00
500.00 12, 000.00 7 , 650.00
3, 000.00
3,Uoo.oo
850.00 200.00 300.00 333.00 300.00 500.00 1 , 500.00 300.00
800.00 1 , 800.00
600.00 500.00 4, 000.00 400.00 400.00
50.00 400.00 1 , 000.00 2 , 000.00 4, 000.00 12, 000.00 200.00
1 , 000.00 550.00
1 , 500.00 300.00

Year
A cquired BUILDINGS ( C o n tin u e d )
E m ployees co ttag e Em ployee' s c o tta g e Em ployee's c o tta g e Em ployee' s c o tta g e Employee' s o o tta g e Em ployee' s c o tta g e D airy Barn B reeding bam B ull shed B ull shed
S uperintendent' s cottage Em ployee' s c o tta g e Em ployee^' c o tta g e s , 2 @ 2,000 Em ployee' s c o tta g e Animal B us. h o rse & m ule b arn Animal B us. m achine shed Animal B us. corn c r ib Animal B us. shop Anim al B u s. cow b a rn Anim al Bus# feed A m ill house A nim al Bus# cow b a rn Animal B us. sto ra g e b arn Em ployee' s c o tta g e Em ployee' s c o tta g e Storage barn Em ployee' s o o tta g e Em ployee' s c o tta g e Storage barn Employee' s c o tta g e Garage and b arn Storage barn Mule and s to ra g e b a rn Cow and s t o r a g e b a r n Em ployee' s o o tta g e Tool house and shop Syrup house
COOK COUNTY TRACT Em ployee' s c o tta g e Barn Shed
DECATUR COUNTY TRACT O ffice and tobacco sto rag e b u ild in g Tool and f e r t i l i z e r barn G eneral purpose barn T obacco c u r i n g b a r n l+O* x 60* T obaoco c u r in g b a r n I4.O* x 1 2 0 ' T obacco o u rin g b a r n I4O' z 120' D w elling house Em ployee' s c o tta g e
Em ployees' c o tta g e s , 3 250
Em ployees' c o tta g e s , 3 @ 200 M achine shed

Investm ent B eginning
Of Year A dditions

$ 2,800.00 2,800.00 3,000.00 350.00 200.00 300.00 27,500.00 i+oo.oo 200.00 200.00 U,000.00 U00.00 h, 000.00 2,800.00 8,000.00 1,000.00 1,000.00 200.00 2,000.00 2,800.00 3,000.00 300.00 U00.00 1,000.00 200.00 200.00 2,000.00 100.00 3,300.00 100.00 500.00 500.00 1,200.00 2,500.00 100.00 100.00

2,500.00 U00.00 100.00

6,000.00

300.00

U,000.00

1,500.00

3,000.00

Ipj

3,000.00

2,300.00

300.00

750.00

600.00

1,000.00

Investm ent

D educt End

io n s

Of Year

$ 2,800.00 2,800.00 3,000.00 350.00 200.00 300.00 27,500.00 U00.00 200.00 200.00 U,000.00 i+oo.oo U,000.00 2,800.00 8,000.00 1,000.00 1,000.00 200.00 2,000.00 2,800.00 3,000.00 300.00 U00.00 1,000.00 200.00 200.00 2,000.00 100.00 3,300.00 100.00 500.00 500.00 1,200.00 2,500.00 100.00 100.00

2,500.00 U00.00 100.00

6,000.00 300.00
U, 000.00 1,500.00 3,000.00 3,000.00 2,300.00
300.00 750.00 600.00 1,000.00

-219.

Year A cquired
BUILDINGS ( C o n tin u e d ) BERRIEN COUNTY TRACT
Main d w e llin g Employee*s c o tta g e Commissary b u ild in g B arn Barn and shed Sheds, 2 @ 300 Em ployee' s c o tta g e Em ployee' s c o tta g e M iscellaneous hog houses, h o tb ed s,
shade houses, in se c ta rie s TOTAL BUILDINGS
Animal D isease L ab o rato ry (under c o n s tru c tio n ) TOTAL BUILDINGS
C. EQUIPMENT A d m in istra tiv e and G eneral P hysical P lan t L ibrary R esearch TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investm ent
B eg in n in g Of Year A d d itio n s

Investm ent

D educt-

End

io n s

Of Year

$ 3,500.00
1, 000.00 1*0 0 .0 0
500.00 Uoo.oo 600.00
1+00.00 2 ,000.00

I 3,500.00
1, 000.00 1+00.00
500.00 l+oo.oo 600.00
,1*0 0 .0 0
2 000.00

3,003.00 $319,823.00

$375.00 2, 628.00 $375.00 "1319,1*1+8.00

$23,l+8l+.l+8

$ 23l+8l+.1+8

$319,823.00 $23,l*!8l+:i+8 $375.00 $31+2,952.1*8

$ 7,102.13 $ 152.92 $223.92 $ 7,031.13

1,873.00

926.50

2,799.50

6,092.50 1,490.56

7,583.06

15l*,000.88 22,960.67 158.81+ 176,802.71

$169,068.51 $25,530.65 $382.76 $19l+,216.1+0

$670,566.91 $1+9,015.13 $757.76 $718,821+.28

- 220-

AGRICULTURAL EXTENSION SERVICE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , 1950
A g ric u ltu ra l E xtension S ervice A th en s, G eorgia
- 221-

D r. 0 . C. A derhold, P resid en t The U n iv e rs ity o f G eorgia Athens G eorgia

D ear P re s id e n t A derhold*

I am s u b m i t t i n g h e r e w ith my a n n u a l r e p o r t a s T r e a s u r e r o f The U n iv e rsity o f G eorgia A g ric u ltu ra l E x ten sio n S e rv ic e , A thens, G e o rg ia , f o r th e f i s c a l y e a r e n d in g June 30 1950. T h is r e p o r t con s i s t s o f th e fo llo w in g Schedules*

B alance Sheet S ta te m e n t o f E d u c a tio n a l and G eneral Income Statem ent o f E ducational and G eneral Expense Statem ent o f O perations o f R e stric te d Funds Statem ent o f Agency Funds S tatem en t o f Changes in Cash B alan ces

Schedule A Schedule B Schedule C Schedule D Schedule E Schedule F

R esp ectfu lly subm itted,

/ s / J . D . BOLTON

J . D. B o lto n T reasurer

D ated a t A thens, G eorgia December 6 , 1950

SCOPE

COMMENTS -

T h is rP>J*t i s b a s e d on a c t u a l c a sh r e c e i p t s and d i s b u r s e m e n ts , e x c e p t t h e b a la n c e sh e e t , in w hich a l l known a s s e ts and l i a b i l i t i e s a re in c lu d e d .

County funds expended a re not in clu d ed in th e s c h e d u le s, s in c e th e y w ere a c tu a lly d i s

bursed by th e various co u n ties.

/

GENERAL

The fo llo w in g summary i s a com parison o f income and p e rc e n ta g e o f income to t o t a l f o r tn ree y ears.

SOURCE S ta te of G eorgia S ta te D ept, o f E ducation C larke County F ederal Funds G ifts and G rants O ther
TOTAL

191+7 - 14.8 Amount P e r c e n t

I 9I+8-I+9 Amount P e rc e n t

I 9I4.9-50 Amount P e rc e n t

# 1+1+1,000 1+10
l+,295 1 , 062,512
1+6,932
65

28.36
.02
.2 8 68.32
3.02

# 1+81,000
i+,120 1 , 165,628
5 2 ,6 3 8 29l+

28.23 # l+l+i+,000

.21+ 68. 1+2
3 .0 9 .02

l +,320 1 , 219,618
53,067 2ll+

2 5 .8 0
.2 5 70.86
3 .0 8 .01

#1,555,211+ 100.00 # 1 ,7 0 3 ,6 8 0 100.00 # 1, 721,219 100.00

A com parison o f expense, by o b je c ts o f e x p e n d itu re s is p re se n te d below in am ounts and p e rc e n ta g e s .

OBJECT S a la r ie s and Wages T rav el
O perating Supplies k Exp.
E quipm ent
TOTAL

#1,2146,1+73 21+1,183
61+.273 7 ,3 9 0 .

7 9 . 9I+ 15.1+7 1+.12
. 1+7

# 1 ,3 3 3 ,0 1 7 28l+,1+1+0 52,213
8,657

79.1+2 I 6.95
3 .1 1 .52

# 1 ,3 1 6 ,8 2 7 305,126
118,120 9,868

7 5 .2 5 17.1+1+
6 .7 5 .56

# 1 ,5 5 9 ,3 1 9 1 0 0 .0 0 # 1 ,6 7 8 ,3 2 7 1 0 0 .0 0 #1,71+9,91+1 1 0 0 .0 0

V ario u s c o u n tie s o f th e S ta te expended #1+70,508.31 w hich was d is b u rs e d by th e c o u n tie s

in c o o p e ra tio n w ith th e A g r ic u ltu r a l E x ten sio n S e rv ic e , and o f t h i s amount # 2 5 9 .7 9 7 .7 8 was

used as o ffs e t ag ain st F ederal Funds.

r n y f t v was

..

i ll0w ing,,is a stateinent by p ro je c ts o f a l l expenditures disbursed by both th e A erie-

Ef fcn " on Se^ T1 nd t h v a r io u s c o u n t i e s . T h is s ta te m e n t a l s o i n d i o a t e s t h e am ount

o f F e d e ra l Funds u se d . S ta te and County funds used f o r o f f s e t and funds n o t used f o r o f f s e t

by each p roject*

*

No.

P roject

1 A dm inistration 2 P ublications 3 County A gents Work (W hite) 1+ Home Dem. Work (W h ite ) 1+a Home Im provem ent
1+b N u t r i t i o n 1+c T e x t i l e s and C l o t h i n g

F ed eral Funds
# 22,591.83 5 0 ,8 6 5 .0 0
6 2 2 ,2 8 9 .5 3 2 0 1 ,3 0 9 .7 5
3,657.61+ 7 ,1 9 5 .3 8 1 ,7 9 9 .7 2
-223-

O ff Set Funds
# 3,007.1+8 1+2,191.77
270,1+71.23 251, 182.86
2 ,2 9 3 .3 6 3 ,5 6 2 .1 3 1,51+9.91

Funds Not Used as O ff Set
# 1+23.75 9 7 8 .3 6
131,6914.23 8 9 ,0 7 0 .5 9 I I .96

T otal E xpenditures
# 26, 023.06 9k, 035.13
l , 02l+,l+5L+.99 5U l,563.20 5 ,9 6 2 .9 6
1 0 ,7 5 7 .5 1 3,31+9.63

No.

P rojeot

i+d U t i l i s a t i o n i+e C h ild D evelopm ent i+f Home I n d u s t r i e s 1+g P ro g ram A n a ly s is 5 Negro C ounty A gents Work 5a N egro Home Dem. Work 6 1+-H C lub Work 7 Economics and M arketing 7a R esearch and M arketing 7b Consumer E ducation 7c G eorgia Eggs 8a Beef C a ttle and Sheep 8b D airying 80 P o u l t r y 8e Swine 9 Agronomy 10 H o rtic u ltu re 11 A g r i c u l t u r a l E n g in e e rin g 11a Farm H ousing 12 F o re stry ll+ S o i l C o n s e r v a tio n 17 R e c r e a tio n 18 W ild life C onservation
19 Bee C u ltu re

TOTALS

F ed eral Funds

Off Set Funds

Funds Not Used as Off Set

T otal E xpenditures

$ 7,288.1+9 $ 3, 666.68

3, 670.00

2 , 093.06

$ 10,955.17 5 ,7 6 3 .0 6

3,1+62.80
9 1 , 781+. 08 5U ,068.32

1 ,8 9 5 .9 8 $
10,621+. 57 7 ,9 6 6 .7 6

1*7 8 .5 6 6O.OO
120.70

5 ,3 5 8 .7 8 1+7 8 .5 6
102, 1+68.65
62, 155.78

i+ 1 ,8 7 0 .8 2

1 5 ,3 9 0 .5 7

2 ,6 9 1 .5 1

59, 952.90

3 1 ,2 9 8 .9 3 3,l+2l+.67
2 ,3 3 1 .9 1 3 ,8 7 6 .1 2

ll+ ,6 9 2 .6 8
3,l+2l+.67
2 ,3 3 1 .9 1 3 ,8 7 6 .1 2

2+2.38

1+6, 233.99 6 , 81+9 . 3!+ 14, 663.82
7,752.21+

3 ,7 7 1 .3 5 19, 21+6 .2 1

2, 769.18 5, 215.00

6.95 2, 902.05

6,51+7.1+8 2 7 ,3 6 3 .2 6

9 ,2 8 0 .5 9

11, 233.90

13.511* .1*9

l+,561+.98 21,1+1+3.52 1 1 ,5 6 9 .7 8

2 ,7 ll+ .81 8, 006.36
3 ,6 9 8 .9 2

7 ,1 9 3 .5 8 9 5 8 .7 8

7 ,2 7 9 .7 9
36,733.1*6 16, 227. 1+8

ll+ ,6 2 1. 7I+ 3 ,7 5 8 .6 6

7,1+81.57

2 2 ,1 0 3 .3 1 3 ,7 5 8 .6 6

1,1+01+.58 1 ,5 5 6 .2 5 1+, 11+7.83
962.50
l,95l+ . 85

5 ,2 9 5 .0 2
2 ,2 6 8 .8 1 189.90 71.7U

l,6 9 l+ .3 2 13.20

8 ,3 9 3 .9 2 1 , 556.25 6, 1+29. 8+
1 , 152 . 1+0 2, 026.59

$ 1 , 251, 067.83 $ 6 8 2 ,^ 5 ^ .9 5 $2 3 8 ,^ .9 2 $ 2, 1 7 1 , 865.70

(1 ) Of t h i s amount $259 ,7 9 7 .7 8 was d is b u rs e d by th e v a rio u s c o u n tie s . (2 ) Of t h i s amount $210,710.53 was d isb u rse d by th e v a rio u s c o u n tie s .

The above sch e d u le does n o t in c lu d e o th e r m is c e lla n e o u s funds w hich a r e a u x i l i a r y t o t h e main program .

The fo llo w in g sta te m e n t shows th e o p e ra tio n o f funds t o be o f f s e t and th e m anner in w hich

th e y were o ff s e t.

T o ta l

To be Off Set

Non O ff Set

FEDERAL FUNDS D isbursed by A g ric u ltu ra l Extension Service Smith-Lever & Bankhead-Jones B an k h e a d -F la n n a g in Capper-Ketcham A dditional Cooperative Farm Housing R esearch M arketing Rind

$667 903.01 505,U 85.81 37. 85i4.95 26,1432.70 3 ,7 5 8 .6 6
9 ,6 5 2 .7 0

$ll+ 6 ,817 J+9 505.l485. 8l 17,8514.95
9 ,6 3 2 .7 0

5 2 1 ,0 8 5 .5 2
20,000.00 26,1+32.70
3 .7 5 8 .6 6

TOTAL DISBURSED BY AGRIC. EXT. SERVICE$1 , 25 1, 067.83 $679, 790.95 $ 57 1, 276.88

D isbursed by F ed eral Government N orris-D o x ey C larke-M cN ary

$ 846.OO $ 81+6.00 ______ 1 ,6 2 0 .0 0 ______1 ,6 2 0 .0 0

TOTAL DISBURSED BY FEDERAL GOVERNMENT $ 2,1+66.00 $ 2,1+66.00________ _________

TOTAL FEDERAL FUNDS

$1,253,533.83 $682,256.95 $ 571,276,88

-224

STATE AND COUNTY FUNDS Disbursed by A g ric u ltu ra l Extension Service S ta te Funds
D isbursed by C ounties County Funds
TOTAL STATE AND COUNTY FUNDS
GENERAL

T o tal

To Be Off Set

Non Off Set

$ 432,955*49 $ 4 1 8 ,5 8 3 .0 5 $ 14 372.iji*
_ 47 0 ,5 0 8 .3 1 259,797*78 2 10,710.53 903, 463.80 $ 6 7 8 ,3 8 0 .8 3 $ 225, 082.97

^B u ild in g s and grounds a re c a rrie d as a s s e ts o f th e U n iv e r s ity o f G eo rg ia. T h erefo re no

of^equipinent

" l n 1Ud9d * " thl3 re p r t ' The Balat109 S h e e t

t t e value

-225-

Schedule A

I . CURRENT FUNDS A , GENERAL Cash in Bank TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
I I I . PHYSICAL PLANT Equipm ent
TOTAL PHYSICAL PLANT
TOTAL ASSETS
I . CURRENT FUNDS A . GENERAL S u rp lu s TOTAL GENERAL FUNDS
B . RESTRICTED Fund B alan ces TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Fund B alances
TOTAL AGENCY FUNDS
I I I . PHYSICAL PLANT Invested in P lan t
TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS

BALANCE SHEET June 30 1950
ASSETS
LIABILITIES

$3l+, 199*1+0
$3^,199.1+0
$17,71+1*67 $17,71+1.67 $ 51,91+1.07
$2^,61+6.85 $ .2l+, 61+6.85
$ 7 9 ,1 8 8 .1 7 $ 79,186*17 $ 1 5 5 ,7 7 6 .0 9
, $3l+, 199*40
{3tt.199.U0
$17,71+1.67 {l7.7ltX .67 $ 51,91+1.07
$2l+,61+6.85 $ 2l+,61*6.85
$ 7 9 ,1 8 8 .1 7 $ 79,188.17 $ 1 5 5 ,7 7 6 .0 9

- 226-

Schedule B

STATEMENT OF CURRENT INCOME F o r Y ew Ended June 30 1950

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS S ta te o f G eorgia Regular O perations C larke County F or Non o f f s e t U nited S ta te s Sm ith-Lever C ap p er-K et oham B an k h ead -Jo n es Bankh e ad - F I a n n a g i n A dditio n al C ooperative R esearch and M arketing Farm H ousing F o re stry D ept, fo r N orris-D oxey TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS T.V .A . G eorgia Eggs, In c . U nion Bag & P a p e r Company Am erican T u rp en tin e Farm ers A ssn. C orp. Four-H Club Rind A m erican Cancer S o c ie ty , In c . C otton Producers A sso ciatio n Five - A cres C ontest TOTAL GIFTS AND GRANTS
OTHER SOURCES M iscellaneous TOTAL FROM OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL RECEIPTS

G eneral Income
$25,1+16.95 1+, 320.00
1 , 656.00 *31, 392.95
$ 2,072.1+3 2,1+75.00 1,1+92.55 9 6 .5 9
$ 6, 136.57 $ 213.60 $ 213.60 *37, 71*3 .1 2

R estricted Income

T otal Incom e

$ 1+ 18,583.05 $ 1+1+1+, 000.00 1+, 320.00

156,817.1+9 37.85U .95
510,91+5.87 1+70,635.56
26,1+32.70 1 1 ,2 7 5 .9 3 i+ ,0 0 0 .0 0
$ 1 , 636, 51+5.55

156, 817. 1+9 3 7 ,8 5 l+ .9 5
510,91+5.87 1+70 , 635.56
26, 1+32.70
1 1 .2 7 5 .9 3 l+ ,0 0 0 .0 0 1 , 656.00
$ 1 ,6 6 7 ,9 3 8 .5 0

$ 1+2,120.1+8 $ 1+2,120.1+8

l+ ,0 0 0 .0 0

1+, 000.00

300.00

300.00

5 0 9 .7 2

509.72

2,072.1+3 2,1+75.00

1,1+92.55

9 6 .5 9

$ 1+6,930.20 $ 5 3 ,0 6 6 .7 7

$

213.60

$

213.60

$1,683,1+75.75 $ 1 ,7 2 1 ,2 1 8 .8 7

STATEMENT OF CURRENT EXPENDITURES Y ear Ended Ju n e 30 1950

Schedule C

O bject C la s s ific a tio n

Fund C la s s if ic a tib n

O perating

S alaries

S upplies

A. EDUCATIONAL A GENERAL

G eneral R e stric te d

& Wages

r s T ~ .r r , ----- ....

& Expense Equipm ent
r -- ^ ^ ==r

EXTENSION

S tate O ffset

$ll+,372.!+l+ $

S tate N on-O ffset F ederal Sm ith-Lever

13,1+57.95

B an k h ead -F lan n ag in

Cappe r - K e t ch am

A d d itio n al C ooperative

R esew oh & M arketing

li-18,5 8 3 .0 5
6 6 7 ,9 0 3 .0 1 505,1485.81 37.85U .95 26,1432.70
9 ,6 3 2 .7 0

2 3 6 ,0 0 8 .5 0 $176,6814.89 $ 262.10

6 ,8 0 6 .0 2 $,141+6.79 205. 11+

603,1456.58 5 9 ,6 2 9 .6 7 i+, 8I 6 .76

333,102.61 171,705.51

6 3 7 .6 9

37,8514.95

26, 1+32.70

7 , 895. 1!+ 1,21+9.31+ 1+87.72

-227-

EXTENSION (C ontd)
Farm Housing
T.V.A. In d u s trie s
T.V .A . 19U9-50
Movie C o nservation
Georgia Eggs, In c .

Fund C la s s if ic a tio n General R estricted

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

$ 3,758.66 $ 3,121*98 $ 473.31 $ 160.37

1,999.92

1,999.92

U3.231.19 3,352.26

37,072.43 6,158.76 iait.93 2.937.53

3,876.12

3,033.03

482.26 360.83

TOTAL EDUC* * GENERAL EXPS. $27,830.39 $1,722,110.37 $1,316,826.86 $l3,24-5.96 $9,867.94

STATEMENT OF OPERATION OF RESTRICTED FUNDS F or Y ear E nding <fune 30 1950

Schedule D

F ederal Smith-Lever Movie C o n serv atio n Capper-Ketcham Bankhe a d -F la n n a g in T.V.A. A c cts. Reo. T.V.A. In d u s trie s A dditional Cooperative Research & M arketing S ta te fo r M atching Georgia Eggs, In c. F ed eral Farm Housing
TOTAL

Balance B eg in n in g
Of Year

R eceipts For Year

D isburse-
ment 8
For Year

B alan ce End
Of Year

$ 347.44 4 ,4 3 2 .7 1
53,202.59 -3 ,8 3 1 .5 5
-448.97
2,674.07

$

667,763.36 $
809.72

667,903.01 3 ,3 5 2 .2 6

$ 207.79
1,890.17

3 7 ,8 5 4 .9 5 4 7 0 ,6 3 5 .5 6

3 7 .8 5 U .9 5
505, 485.81 18, 352. 31*

4 0 ,0 5 3 .8 8
2, 066.60
2 6 ,4 3 2 .7 0
11,275.93 4 1 8 ,5 8 3 .0 5
4, 000.00 4, 000.00

43, 231.19
1 ,9 9 9 .9 2
26, 432.70 9, 632.70 418, 583.05 3, 876.12
3 ,7 5 8 .6 6

-7 ,0 0 8 .8 6 -382.29
4 ,3 1 7 .3 0
123.88
241.34

*56, 376.29 $ 1 ,6 8 3 ,4 7 5 .7 5 $ 1, 722, 110.37 $ 1 7 ,7 4 1 .6 7

F e d e ra l W ith h o ld in g Tax S tate Teachers Retirem ent Federal R etirem ent Group L ife In su ran ce P ilo t L ife Insurance R egional Film C orporation
TOTAL

STATEMENT OF AGENCY FUNDS
F or Y ear Ended June 3 0 , I 95O

Schedule E

B alance B eg in n in g
Of Year

R eceipts For Year

D isbursem ents
For Year

B alance End
Of Year

$ 5,800.13
5. 715.1*3
2 ,6 7 0 .6 4 28.20
-11.20 2 ,0 0 0 .0 0
$14,203.20

$ 70,882.63 $ 70,452.99 $ 6,229.77

44, 869.62

4 4 ,7 3 0 .4 6 3. 85U.59

35,21*2.37
351.00

3 U .8 3 8 .2 7 348.60

3 ,0 7 4 .7 4
3O .6O

10, 645.70

10, 650.68

-1 6 .1 8

11. 333.33

1, 860.00 11.u 73.33

$ 1 7 3 ,3 2 4 .6 5 $ 162, 881.00 $ 2 4 ,6 4 6 .8 5

- 228-

Schedule p

STATEMENT OF CHANGES IN CASH BALANCES
For Y ear Ended June 30, 1950

vCsU'JIRUvRZEvNJNT1 FrUUJNDJJSo G eneral F\mds R estricted
TOTAL CURRENT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance R e c e ip ts
J u ljr ^ l, I 949 F or Y ear

D isbursem ents Cash B alance
For Year June 30, 1950

|2 lt. 286.67 37,743.12 27,830.39 34,199.40 56,376.29 1,683,475.75 1,722,110.37 17,741.67
80,662.96 1,721,218.87 11,749,940.76 51,941.07
1 4 ,2 0 3 .2 0 173. 32it.65 1 6 2 ,8 8 1 .0 0 2 4 ,6 4 6 .8 5
94,866.16 l094,543.52 1,912,821.76 76,587.92

Bank B alances C itis e n s & Southern N a tio n al Bank, A thens, G eorgia $ 7 6 ,3 8 7 .9 2

-229-

ALBANY STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , I 95O
Albany S ta te C ollege A lbany, G eorgia
-231-

I . CURRENT PONDS A . GENERAL Cash in Bank Accounts R eceivable TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank A ccounts R eceivable S to re s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank
I I I . LOAN FUNDS Cash in Bank N otes R eceivable
TOTAL LOAN FUNDS
IV . PLANT FUNDS EXPENDED Land B uildings Equipm ent
TOTAL PLANT FUNDS
TOTAL ASSETS
I . CURRENT FUNDS A. GENERAL A ccounts Payable Purchase O rders O utstanding W ork-in-Progress U nearned Income S u rp lu s TOTAL GENERAL FUNDS
B . AUXILIARY A coounts Payable U nearned Income Reserve fo r S to res R eserve fo r V eteran H ousing S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

BALANCE SHEET June 30 1950
ASSETS
LIABILITIES

$ 2 9 ,3 7 6 .2 9 13,057.1+6
$ 1+2,1+33.75

$ 6,677.22 10, 171.50
5.61+0.59

$ 22,1+89.31

$ 6i+,923.06

2,02l+.95

$ l,Ql+9.9U 1+50.00

1,1+99.91+

$ 22, 1+00.00 1+35,1+30.00 2 1 1 , 781+. 81
|6 6 9 ,6 llt.81
$ 7 3 8 ,0 6 2 .7 6

$ 361+.1+3 1+, 1*53.27 6 , 090.00 12,282.50
19,21+3.55

$ 1+2,1+33.75

$ 775.00
3 ,2 8 3 .0 0 5, 61+0.59
3 ,7 1 6 .1 1 9 , 07!+.61

$ 22, 1+89.31

$ 6i+,923.06

232

LIABILITIES (C ont*d)
I I . AGENCY FUNDS Rind Balanoe
I I I . LOAN FUNDS FUnd B alance
IV . PLANT FUNDS Invested in P lan t
TOTAL LIABILITIES

2,02^.95
1.U99.9U
669, 61^ . 8!
7 3 8 ,0 6 2 .7 6

-233

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950

EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident T uition M atriculation H ealth Service Summer S e s s io n R egistration In -S e rv ic e Extens ion O ther TOTAL STUDENT iEES
GOVERNMENTAL S ta te of Georgia
OTHER SOURCES Property R entals M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL & GENERAL INCOME
AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Davis H all Gibson H a ll Peace H all Boy' s P ro je c t V eteran' s Housing TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

# ll*,i*12.35 31,123.81* 1,222.60 30,909.62 2,390.66 6,97i+.00 1*775.00 2,3U3.50
# 91.051.57
*i26,U7U.oo

120.00 131.66
1 251.66 #217, 777.23

f 9.526.1*3

3.126.50
2, 625.25
3 .0 8 5 .3 8
1, 91*1.25 6, 62^.81 * 17, 1*03.19
61, 1*01.30

88,330.92
306, 108.15

-234

STATEMENT OP CURRENT EXPENDITURES Year Eded June 30, 1950

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL A d m in is tra tiv e Dean Business O ffice G eneral President* s O ffice R egistrar*s O ffice TOTAL ADM. & GENERAL
STUDENT WELFARE Dean o f Men Dean o f Women H ealth Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION A griculture A rt Commerce E d u ca tio n E n g lish H ealth Home Economics Modern Language Music M athematics P hysical Education Science S o cial Science Summer S chool -TOTAL INSTRUCTION
EXTENSION In-Service C lasses General Extension TOTAL EXTENSION
TOTAL EDUCATIONAL & GEN. EXPEND.
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Davis H all Gibson H all Peace H all Boy*s P ro je c t

T otal

O bject C la ssific a tio n

O perating

S alaries
9c Wage's

S u p p lie s & Expense Equipm ent

2, 700.10 2,1+ 55.25 21+1+.85

9,W U .70

8, 976. 1+6

3 7 3 .6 4 91.60

10,587.1+3

3 ,9 7 5 .5 8

6 ,3 6 1 .8 5

250.00

12, 62^.30 8, 695.08

1 1 , 1+85. 1+0 7,61+3.50

51+8.90 1 , 01+6.63

590.00 1+.95

l+l+,0l+8. 6l 3 U ,5 3 6 .1 9 8 .5 7 5 .6 7 9 3 6 .5 5



323.00

300.00

323.OO

300.00

1 ,5 5 3 .9 7

1 , 1+71.0 0

2, 199.97 2, 071.00

2 3 .0 0 23.00 8 2 .9 7
128.97

26, 523. 3!+ 13,993.1+8 1 1 ,6 7 5 .0 0 | 85I+.86

10,751.61+ 5,81+7.75 $ 2, 078.18 2,8 2 5 .7 1

2, 1+85.00 2 , 1+85.00

3 ,1 3 9 .8 7 5 ,3 3 3 .2 5 19,922.13
9 ,0 3 1 .5 1 1 ,9 5 0 .0 0 10, 621.87 2 ,8 0 0 .0 0

2,800.00 5 ,1 5 0 .0 0 18, 506.72
8 ,7 9 8 .0 0
1 ,9 5 0 .0 0 8, 200.00 2 ,8 0 0 .0 0

339.87

I 83.25

786.36 $ 6 2 9 .0 5

135.01

9 8 .5 0

590.67 1 , 831.20

7,21+7.01+

6 , 860.00

9 ,1 9 9 .3 0

9 ,1 5 0 .0 0

6, 177.93

5 ,7 0 0 .0 0

1 1 , 660.1+3

9,81+9.1+6

11,020.1+7

1 0 ,8 0 0 .0 0

21, 07!+.99 20, 215.00

121, 663.79 1113,261+.18

323.61* 8.66

6 3 .I+O 1+0.61+

281+.09

193.81+

1 ,3 6 7 .6 6 121.97

l+i+3 .3 1 98.50

8 5 9 .9 9

5/ 0O I .I 7 T3/398J+U

t 3. 72U.33 $ 3,1+67.50

1.031+.93

6 7 5 .0 0

1 +,759.26 $ i+,11+2.50 1

256.83 3 5 9 .9 3 6 1 6 .7 6

209,91+6.61 $ 1 7 3 ,8 5 5 .1 0 2 8 ,0 7 5 .9 5 8 ,0 1 5 .5 6

8, 669.02

2 3 2 .5 0 1 8,1+36.52



3 ,0 3 7 .3 0 3,1+11.23



1,350.1+0 2 ,1 0 7 .0 0



1, 611.90 1,21+3.96



3,51+3.57 1, 611.32

2 ,1 2 0 .0 0 1+70.00

1 ,3 6 3 .3 7 1, 089.32

7 5 .0 0 60.27
60.20 52.00

- 235-

DORMITORIES (C o n t'd ) V eterans Housing TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT EXPENDITURES

T otal

Object C la ssific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

| U,83U .03 898.97 $ 3 .8 8 3 .5 6 1 5 1 .5 0 16, 1+37.5 6,91+6.37 $ 9, 192.11 |l 298.97

$ 65, 605.1+3 $ 9, 71^,25 $ 5 5 .2 0 0 .3 8 i\ 690.82

$ 90, 711.90 1 6 ,8 9 3 .1 0 $ 7 2 ,8 2 9 .0 1 J 989.79

300, 658.51 $ 190, 71+8.20 $100,901+.96 $9005.35

STATEMENT OF CHANGES IN CASH BALANCES Y ear Ended June 30 1950

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS

Balance
J u ly 1, I9I+9

R eceipts D isbursem ents Balance For Year For Year June 30, 1950

$21,51+5.67 $ 2 1 7 ,7 7 7 .2 3 $209, 91+6.61 $29, 576.29 9 ,0 5 8 .2 0 8 8 ,3 3 0 .9 2 9 0 ,7 1 1 .9 0 6, 677.22
$30,603.87" $ 3 0 6 ,1 0 8 .1 5 $ 3 0 0 ,6 5 8 .5 1 $ 3 6 ,0 5 3 .5"l

$ 1, 306.20 $ 1 9 .9 5 5 .2 9 $ 19. 236. 5u $ 2.021+.95

$ 1,1+99.91+ $ 1+50.00 $ 1,01+9.91+

TOTALS

3 1 ,9 1 0 .0 7 $327, 563.38 $320,31+5.05 $39,128.1+0

Student A c tiv itie s Bus A ccount A thletics S o c ia l Science Club Dram atic Club Y.W.C.A. Southern Youth Conference Miss Albany S ta te
TOTAL

STATEMENT OF AGENCY FUNDS Year Ended June 30 1950

Fund B alance
J u ly 1 , I 9I+9 R e c e ip ts

$ 1+31+.19
- 263.79
1 ,0 5 7 .0 5 2.22
30.70
7.09
38. 7U
1, 306.20

$ 8, 07l+.88
1 .5 1 U .2 5
9, 856.92
131.12 35U.32 23. 8O
$19,955.29

D is b u rs e - FV+nd B alance m ents June 30, 1950

$ 7, 520.10 1, 396.1+2
10,07l+. 32
157.81+
7.09 80.77

988.97 -11+5.96
839.65
2.22
3.98 35U.32
- I 8.23

$19,236.51+ $2,021+.95

-236'

SUMMARY OP INVESTMENT IN PLANT As o f June 30, 1950
VALUE OF PLANT, JULY 1 , I 9I4.9
ADDITIONS DURING I 9U9- 5O E xpended fro m E d u c a t i o n a l and G e n e ra l PUnds and inclu ded in C urrent E xpenditures Expended from A u x ilia ry Funds and inoluded in O urrent E xpenditures TOTAL ADDITIONS
INVESTMENT IN PLANT, J u n e 3 0 , 1950

660,609.i4.6
8, 015.56 989.79 9,005.35
669, 6114.81

STATEMENT OF INVESTMENT IN PLANT Y ear Ended Ju n e 3 0 , 1950

Investm ent B eginning
Of Year

A dditions

Investm ent End Of Year

A . LAND
S . BUILDINGS M argaret Hazard L ib rary C aroline H all D ining H all Hazard T rain in g School Gibson H a ll Peace H all J . S. D avis H a ll Boys* P r o j e c t C o tta g e s (1+ b u i l d i n g s ) Farm House N.Y.A,. Shop B ath House P r e s i d e n t ' s Home Garage Laundry M aintenance Shop B arn Classroom B u ild in g V eteran H ousing U n its (5 b u ild in g s ) TOTAL BUILDINGS
C. EQUIPMENT A dm inistrative O ffioes P hysical P lant L ibrary In s tru c tio n a l D epartm ents D orm itories D ining H all
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

22,1+00.00

22,1+00.00

21,000.00 90,000.00 70,000.00
0,000.00 30,000.00 1^5.000.00 3 U ,o o o .o o
8 ,0 0 0 .0 0 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 50,000.00
U35.l430.00

21,000.00 90,000.00 70,000.00 140,000.00 30,000.00 l45.OOO.OO 3U.000.00 8,000.00 3,000.00 1,200.00 1,200.00 750.00 12,000.00 315.00 315.OO 900.00 750.00 27,000.00 50,000.00
to5.U 30.00

16,307.58 7.093.57
83,900.93 6U,971.77 19, 716.82 10,788.79 202,779.1+6
660,609.1+6

1 936.55 85I+.86
2,825.71 3.398 .l
298.97 690.82
9.005.35
9.005.35

17.2UU.13 7.9U8.U3 86,726.61+
68,370.21 20,017.79 ll,U 79.6l 2 ll,7 8 U .8 l
69,6lU .81

FORT VALLEY STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 3 0 , I 95O
Fort V alley S ta te College Fort V alley, Georgia
-239-

BALANCE SHEET June 30* 1950
ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Acoounts R eceivable Due from Endowment Funds TOTAL GENERAL FUNDS

$27,650.1+6 3,822.27 336.86
$

31,809.59

' B. RESTRICTED Cash in Bank Acoounts R eceivable TOTAL RESTRICTED FUNDS

$ 2, 1+61.1+1
5,107.16 $

7,568.57

C. AUXILIARY Cash in Bank Accounts R eceivable In v e n to rie s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$2l+,081.77 2,088.81 1,708.52
$

27,879.10 $

67,257.26

I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS

$ 5,7l*3.3U
$ 3, 71+3. 3!+

I I I . ENDOWMENT FUNDS Cash in Bank Due from Jam ison E s t a t e Investm ents U. S. S ecu rities P r e f e r r e d and Common S to ck F o rt V alley S tate College Dormitory
TOTAL ENDOWMENT FUNDS

$
$36,100.00 12, 026.1+6 12,362.71+

1+,0 8 6 .2 2
336.86
60,1+89.20 $

61+,912.28

IV . STUDENT LOAN FUNDS Cash in Bank Notes R eceivable
TOTAL LOAN FUNDS

$

31+2.25

190.00

$

532.25

V. PLANT FUNDS UNEXPENDED Cash in Bank

$ 7,371.66

EXPENDED Land and Improvements B uildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$22,102.00 722,308.16
281+.61+2.38

$ 1, 029, 052. 5I+

$ 1,036,1+21+.20

$1,172,869.33

- 240-

BALANCE SHEET Juno 30, 1950

LIABILITIES

I . CURRENT FUNDS A . GENERAL Acoounts Payable Unearned Income Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund B alance
C. AUXILIARY Accounts Payable . Reserve fo r Inventories Surplus TOTAL AUXILIARY FUNDS

$ 7,21*3.61
18, 265.15 6, 300.83
$

31,809.59

$ 7,568.57

$ 6, 602.1+7 1, 708.52 19, 568.11
$

27, 879.10

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Fund B alance
TOTAL AGENCY FUNDS
I I I . ENDOWMENT FUNDS Due to G eneral Funds Fund B alan ces

$ 67, 257.26

$ 3,71+3.31+ $ 3,7U3.3h

$

336.86

61+,575.l42

TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Fund B alance

$ 61|,912.28



532.25

TOTAL LOAN FUNDS
V . PLANT FUNDS A . UNEXPENDED Fund B alance



532.25

$ 7,371.66

B. EXPENDED Due t o Endowment Funds Invested in Plant TOTAL EXPENDED

$12,362.71+
1, 016, 689.80
$1,029,052.51+

TOTAL PLANT FUNDS TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$1,036,1+21+.20 $1,172,869.55

- 241-

STATEMENT OF CURRENT INCOME For Y ear Ended June 30, 1950

A . EDUCATIONAL AND GENERAL STUDENT FEES M atriculation N on-R esident T u itio n Saturday C lasses H ealth Service Summer S e s s io n O ther TOTAL STUDENT FEES

General R estricted

Income

Income

-- ................... ..

T otal 111 ' 1

$ 58,396.81*
li+,1+78.15
16, 762.00
5,760.00 37,937.26
6,179.38
139. 513.63

$ 58,396.81*
1^,1*78.15 16,762.00
5,760.00
37. 937.26
6,179.38
139. 513.63

PUBLIC APPROPRIATIONS S ta te o f G eorgia R egular O perations V o c a tio n a l Fluids U nited S ta te s M orrill-N elson D iv isio n o f G eneral E xtension
TOTAL PUBLIC APPROPRIATIONS

$170,021*. 00

$170, 021*.00

52. n 3.u 1 52,113 1*1

36, 660. 9!* 36,660.91*

1 ,2 0 0 .0 0

1,200.00

$170,021*.00 |89,97l+.35 299. 998.35

ENDOWMENT G eneral Leask TOTAL ENDOWMENT

$ 2,090.73
575.33 $ 2,666.06

$ 2,090.73 575.33
$ 2, 666.06

SALES A SERVICES Farm

13. 33u .17

$ 13,331*. 17

OTHER SOURCES P roperty R entals
TOTAL EDUCATIONAL & GENERAL INCOME

1. 935.90

$ 1,935.90

327, 1*73.76 $89,97i*.35 $1*17,1*1*8.11

NON-INCOME Old Checks T T ritten O ff

1,167.59

1, 167.59

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

328.6Ul.35 89.97U.35 $1*18,615.70

B. AUXILIARY INCOME BOOKSTORE

$ 15,81*9.36

$ 15,81*9.36

DORMITORIES D avison H all H untington H all Jeanes H all Ohio H a ll
TOTAL DORMITORIES

10,377.97 3,1*18.1*0
1, 016.66
7,976.25
$ 22,789*28

10, 377.97
3,1+18.1*0
1, 016.66
7,976.25
$ 22,789.28

DINING HALL

$113,313.63

$113,313.63

FARM

$ 2,319.63

2,319.63

-242-

AUXILIARY INCOME (Continued) LAUNDRY
VETERANS' SOUSING
TOTAL AUXILIARY INCOME
C. OTHER NON-EDUCATIONAL INCOME GIFTS AND GRANTS Carnegie C orporation S e a rs Roebuck and Company TOTAL OTHER NON-EDUCATIONAL INCOME
TOTAL CURRENT INCOME

G eneral R e stric te d Incom e________ Incom e

T otal

# 6,24*8.0+

* 6,14*8.51+

5,111.13

5.111.13

1 6 5 ,8 5 1 .57

#165,831.57

1 2,000*00 # 2,000.00

800*00

800.00

$ 2,800.00 # 2,800.00

U93,305.33 I92>77U*35 #586,079.68

243'

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1950

EDUCATIONAL & GENERAL ADMINISTRATIVE A GENERAL A d m in is tra tiv e Dean B usiness O ffioe G eneral A dm inistration P re s id e n t's O ffice R e g is tra r's O ffice
TOTAL ADMIN. & GEN.

Fund C la s s if ic a tio n G eneral R estricted

O bject C la ssific a tio n

O perating

S alaries

S upplies

4 Wages

A E xpense Equ ip m en t

# 7,733*20 12,827.21+ 18,062.28
9,153.07 10,163.82
* 57,939*61

# 7,1*50.00 # 268.70 #

12,1*31,15

261.58

3,872.57 li+,189.71

8,679.15 8,900.00

237.1*2 953.82

I 1*1,332.87 #15,911.23 #

iu.50 13U.51
236.50 310.00 095.51

STUDENT WELFARE Dean o f Men Dean o f Women Infirm ary
TOTAL STUDENT WEL.

# 3.0Q1+.27 2,012.10 5,276.28
# 10,292.65

# 2 ,7 5 0 .0 0 # 161+.62 #

1,825.00

15U.5 5

1*,200.00 1,013.1+2

# 8,775.00 # 1.332.59 *

89.65 32.55 62.86 I85.O6

PLANT OPERATIONS

# 69,856.142

# 1*3,721.87 #21,776.23 # 1*. 358.32

LIBRARY
INSTRUCTION A griculture A rt B usiness Education E ducation E nglish H ealth Education Home E conom ics In d u s tria l A rts Modern Languages M usic N ursery School S c ie n c e s S o cial Science Summer S c h o o l TOTAL INSTRUCTION

# 8,703.88

# 1**883.31+ # 3 .8 2 0 .5U

# 25,25l4.lp #22,359.37 # 3+,983.33 # 2 ,3 0 7 .5 0 #10,322.95

3,296.85

2,600.00

556.7U

11*0.11

9,l9.63

8,900.00

208.13

321.50

13.758*81

12.52U.99

227.55 L, 006.27

9.872.143 i+,l+oo. 00 13.U83.35

7I+5.IO

1*1*. 00

8 ,8 2 2 .1 0

8,350.00

196.56

275.5U

I k , 81+5.57 5,133.27 18,350.00 1 ,0 7 8 .6 8

550.16

1,1*90.57 l+,700.00 1*,700.00 1,01+1.02

1*1*9.55

2 ,l+ijlf,60

2,1+00.00

8.10

36.50

13,953.55

11,200.00 2,258.10

1+95.1*5

1*66.83

1*66.83

13,201.93 5,200.00 15,1+10.00 1 ,5 7 3 .0 6 1,1*18.87

11,010.26

10,700.00

182.1*2

127.81+

20,903*57

18,283.30 2,620.27

#11+8,751*11 #1+1,792.61+ #161,801**95 #13,1*70.06 1 5.188.71*

SERVICES RELATED TO INST. Farm

# 18,861.75

# 5,131.1+8 #11,622.27 # 2, 108.00

EXTENSION In-S ervioe C lasses V ocational Education D iv isio n o f Gen. E x t.
TOTAL EXTENSION

# 7,118.1*0

# 7,118.1+0

#1*7,500.37 33,110.08 #ll*.390.29 1,600.00 1,600.00

# 7,118.1*0 #1*9,100.37 # 1+1,828.1*8 |ll+ ,390.29

TOTAL EDUC. & GEN. EXP. #321,523.82 #90,393.01 #307,557.99 #82,323.21 #22,535.63

NON-EXPENSE T ran sfer to P lan t Funds In h e rita n c e Tax Jam ison E sta te
TOTAL EDUC. 4 GEN. DISB.

$ 1,912*00
______ 536*86___________ #325,772.68~#90,893.IH '

-244-

B. AUXILIARY ENTERPRISE BOOKSTORE
DORMITORIES Davison H all Huntington H all Jeanes H all Ohio H all TOTAL DORMITORIES
DINING HALL
LAUNDRY
PROPERTY RENTALS TOTAL AUXILIARY EXPEND.
NON-EXPENSE T r a n s fe r to P la n t Fund TOTAL AUXILIARY DISB.
C. OTHER NON-EDUCATIONAL S c h o la rs h ip s F ello w sh ip s TOTAL OTHER NON-EDUC.
TOTAL CURRENT EXPENDITURES

_____________ __ _ ' O b ject C l a s s i f i c a t i o n

O p eratin g

Fund C l a s s i f i c a t i o n S a la r ie s

S u p p lie s

General R e s tr ic te d & Wages A Expense Equipment

$ 15,158.12

$ 386.33 $1U.312.58 $ I+59.2I

$ 7.717.63 2,830.76 858.76 6,605.11
18,012.26
$102,607.59
$ 6,1+3U.97
$ 3.500.OI $+ 5.712.75 _____

$ U.i+51.01 $ 3 .2 6 6 .6 2

1,1+83.67 1.3U7.09

U9U.56

36I+.20

3,1+61.90 3,11+3.21

$" 9,891.11+ $ 8 ,1 2 1 .1 2

$ 22,967.81 $79.639.58

$ 6,29!+.63 $ 135.76 $

I+.58

$ 3,500.01 $ 39,539.91 $105,709.05

1*63.79

$ 16,550.17 $162,262.92

$ 800.00

$ 800.00

I ____ 500.00 i , 523.00

2, 023.00

i 500. 00T 2, 323.00____________ ~~f 2, 823.00

ttj67,756.57 $93,216.01 $3^7.097*90 1190,85526 22,999.142

STATEMENT OF TRUST FUND BALANCES Y ear Ended June 3 0 , 1950
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS* G if t s and G rants Income on Investm ents TOTAL ADDITIONS
DEDUCTIONS* Loss on s a le o f Investm ents T ran sfer to General Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds
$ 61+ ,51+2.59

Loan Funds
$550.00

32.83

2, 666.06

6.25

$ 2, 698.89 $ 6.25

$ 2, 666.06 $ 2, 666.06
$ 61+, 575.I+2

$ 2+.00
$ 2I+.OO
$532.25

-245-

STATEMENT OF TRUST FOND BALANCES BY FUND For Y ear Ended June 30 1950

ENDOWMENT FUNDS G eneral Fund L eask Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS W illia m Hubbard Fund
TOTAL TRUST FUNDS

Blind B alance

Fund Balance

Beginning

End Of

Of Year A dditions Deductions Year

1*2,962.99 2 1 .5 7 9 .6 0

2 ,0 9 0 .7 3 608.16

2 ,0 9 0 .7 3 575.33

$1+2, 962.99 21, 612.1+3

6J+, 51*2.59 2 ,6 9 8 .8 9 $ 2 ,6 6 6 .o6 $6l+, 575.62

\

550.00 6 .2 5 $ 2l*.00 $ 532.25 65, 092.59 2 ,7 0 5 .li* $2, 690.06 $65,107.67

SUMMARY OF TRUST FOND INVESTMENTS For Year Ended June 30 1950

ENDOWMENT FONDS

GOVERNMENT BONDS

U. S. Treasury

2 -3 /1 $

U. S. Treasury, S eries G 2-l/ie$

U* S . T re a su ry

2-1/1$

TOTAL GOVERNMENT BONDS

STOCKS Borg-W arner C o rp o ra tio n , 50 sh a re s T ru s t Company o f G e o rg ia , 15 s h a re s F irs t N ational S tores
TOTAL STOCKS

OTHER F o rt V a lle y S ta te C o llege Dormitory W illia m Hubbard Loan Fund
TOTAL OTHER

TOTAL TRUST FUND INVESTMENTS

Book V a lu e

E a rn in g s

$ 1, 600.00 22.01

31, 500.00 787.50

3, 000.00

67.50

$36,100.00 $ 877.01

$ 2,276.1*6 $ 9 ,7 5 0 .0 0
$ 12, 026.1*6 1

250.00
5+0.00
37.50
827.56

$12,362.71+ 961.55 6.25
12,3 2 .7 t $ 67.80
$60,1*89.20 2. 672.31

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Y ear Ended June 30 1950

A . EDUCATIONAL AND GENERAL J u liu s Rosenwald Fund
M o rrill-N e ls o n Funds V o c a tio n a l Fluids D ivision o f General Extension
TOTAL EDUCATIONAL * GENERAL

Balance Beginning R eceipts
Of Year For Year

D isb u rsement s For Year

Balance End
Of Year

300.00 36, 660.91*
- 1+, 188.50 52,113.1+1 1, 200.00
' $89, 971+.35

300.00 36, 660.9!+
52,632.07 -^ ,7 0 7 .1 6
1/ 600.00 - 1+00.00
# 9 0 ,8 9 3 .0 1 - I L , 807.16

CCC&OOO.
4N1A

B. OTHER NON-EDUCATIONAL Carnegie Foundation S e a rs Roebuck and Company TOTAL NON-EDUCATIONAL
TOTAL RESTRICTED FUNDS

Balance B egin n in g
Of Year

R eceip ts For Year

D isbursements
For Year

Balanoe End
Of Year

# 6,791.57 $ 2,000.00 1 1,523.00 # 7,268.57

800.00

800.00

# 6 ,7 9 1 .5 7 # 2 ,8 0 0 .0 0 $ 2/ 323.OO # 7 ,2 6 8 .5 7

$ 2, 903,07 $ 92,77l+.35 $ 93, 216.01 $ 2, 1+61.11

STATEMENT OF CHANGES IN CASH BALANCES
F or T ear Ended June 30, 1950

CURRENT FUNDS G eneral R estricted A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance R e c e ip ts D isbursem ents Cash B alance J u l y 1 , 191+9 For Year F or Year June 3 0 , 1950

#23,281.79 2 ,9 0 3 .0 7
20, 513.12
#1+6,697.98

$328,61+1.35
92,77l+. 35 165,831.57 #587,21(7.27

$32i+,272.68 93, 216.01
162,262.92
$579,751.61

#27,650.1+6
2, 1+61.1+1 2I+, 081.77
$5i+, 193.61+

# 5,81+5*91 $ 3 6 ,0 7 8 .8 7 $ 38,181.1+1+ $ 3, 71+3. 31+ $21, 626. 1+1+ $ 16, 1+12.92 $ 30, 667.70 $ 7 ,3 7 1 .6 6

$ 2, 965.69 50.00

#

3 ,5 3 2 .8 5 1+82.25

$

2, 1+12.32 190.00

# U,086.22 31(2.25

# 3 ,0 1 5 .6 9 # i+,015.10 $ 2, 602.32 $ i+,1+28.1+7

# 7 7 ,1 8 6 .0 2 $61+3,751+.16 $651, 203.07 # 6 9 ,7 3 7 .1 1

BANK BALANCE

Bank o f F o rt V a lley

t 69,737.11

Alumni A s s o c ia tio n A th le tic A Student A c t iv it ie s F a c u lty G if t Fund Fratern ities & S o ro rities Room A A p p lic a tio n D ep o sits Student Deposits
TOTAL

STATEMENT OF AGENCY FUNDS
For Year Ended June 3 0 , 1950

Cash Balance R e ce ip ts Disbursem ents Cash Balance

;fo ty -J j^ J :9l+9^

For Year June 30, 1950

$ 770.89 1+.075.57 35.59
207. 0 0
385.00
371.86
$ 5,81+5.91

$ 925.30
30,833.1+7 202.00
313.25 2,1+09.50 1*395.1+5
36,078.87

$ 81+8.10 $ 81+7.99

33*363.95 1,51+5.09

252.59 262.00

- 15.00 258.25

2 ,3 9 7 .5 0

397.00

1*057.30

710.01

$ 38,181.i|l+~ iry*7i+3.3i+

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950

Funds fo r P lant
A dditions

Funds fo r Debt
S e rv ic e

T o tal

BALANCE, BEGINNING OF YEAR

$21,626,141+

$21,626,141+

ADDITIONS* T ran sfer from A u x iliary Funds T ran sfer from G eneral Funds
TOTAL ADDITIONS

$114, 500.92 $2 , 01+9*25 16,550.17

1,912.00

1,912.00

$16,1+12.92 $2,0l+9.25 $18,1+62.17

DEDUCTIONS: Expended fo r P la n t A dditions B uildings and A dditions to B uildings Davison H all Equipment Davison H all Dining H all Jeanes H all Laundry TOTAL FOR PLANT ADDITIONS
Loans Paid Endowment Funds
Other Deductions I n te r e s t on Indebtedness O ther Expenditures - not C ap italised D ining H all H untington H all Jeanes H all Ohio H all TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE END OF YEAR

$ l+,986.l6
859.1*9 2,68l+.85
30I+.35 U7IJ.59 * 9,309*10*

$ 1+,986.16
859.1*9 2,68l+.85
30+.35 l*7+.59 $ 9,309.14+

$1,087.70 $ 1,087.70

$ 961.55 961.55

$ 7142.69 13,782.96 6,1+32.00 I+OO.61
421,358.26

71*2.69 13,782.96 6,1+32.00
1+00.61
*22.319.81

$30,667.70 $2,01+9.25 $32,716.95

1 7,371.66 $ 96I.55 $ 7,371.66

C onsisting of funds fo rt Davison H all Equipment
F ir e Damage R ehabilitation of P lant

1+506.77
2, 798.20 66,69
$ 7 571 66

SUMMARY OF INVESTMENT IN PLANT As o f June 30 1950

VALUE OF PLANT, JULY 1, 19^9
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E ducational and G eneral Funds and included in C urrent E xpenditures -248-

$ 968,255
$ 9,309*1+1+ 22,535*63

ADDITIONS (Continued) Expended from Auxiliary Funds and included in Current Expenditures Adjustments for Prior Years TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JULY 1,* I9I+9 DEDUCTIONS*
Buildings destroyed by fire TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 30, 1950
DEDUCT: Loans Payable
INVESTMENT IN PLANT, June 30, 1950

# 1+63.79 37.168.3U # 69,U97.20
1 .037.752.5U

# 8,700.00 #

8,700.00

#1 ,029,052.51+

12,362.7U #1 ,0 1 6 ,6 8 9 .8 0

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1950

Year

Acquired

LAND

Campus 97 Acres Farm 50 Acres

1895 19U0

Farm 2 19 .6 5 Acres

19U3

TOTAL LAND & IMPROVEMENTS

Investment Beginning
Of Year
# 9.765.00 3.075.00 9 ,262.00
# 22,102.00

B. BUILDINGS Library & Office Building Anna Jeanes Hall Huntington Hall Robert W. Patton Hall Laundry Home Management House Samuel H. Bishop Dining 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 jewelling No. U Farm Dwelling No. 5 Farm Barn No. 1 Farm Barn No. 2

1925 1903 1908
1937 1916 19Ul 1932 1929 1926
19U7

# 27,500.00
6,000.00 16,650.00 U9.050.00 2,900.00 3,000.00 50,000.00 120,600.00 32,000.00 30,000.00
7,000.00 3,000.00
5U0.00 i+00.00 300.00
200.00
100.00 360.00 250.00 3U0.00
1+86.00 +50.00 270.00 U50.00

Investment End
Additions Deductions Of Year
# 9.765.00 3,075.00 9 ,262.00
# 22,102.00
$ 27,500.00 #6,000.00
.16,650.00 U9,050.00
2,900.00 3,000.00 50,000.00 120,600.00 32,000.00 30,000.00
7,000.00 3,000.00
5U0.00 1+00.00 300.00 200.00 100.00 360.00 250.00 3+0.00 1+86.00 +50.00 270.00 U50.00

-249-

BUILDINGS (Continued) Farm Dwelling No, 6 Davison Hall Brooklyn Cottage Infirmary Athletic Field House Beauty Parlor President's Home Richardson Cottage Harris Cottage The Inn Coop No* 1 Coop No# 2 Garage No* 1 Garage No. 2
Stevens Cottage Ohio Hall Usher Cottage
TOTAL BUILDINGS

investment

Investment

Year Beginning

End

Acquired Of Year Additions Deductions Of Year

1948 1920 1931* 19^40
1915 1900 1920
192U 1921+ I9UI
19bl
19U0 19U0 1938 1930
1931+

$ 270.00

$

270.00

217,000.00 $ 4,986.16

221,986.16

800.00

800.00

18,000.00

18,000.00

500.00

500.00

250.00

250.00

15,700.00

1 5 ,700.00

1,850.00

1,850.00

5 ,600.00

5 ,600.00

2,700.00

$2,700.00

2,700.00

2,700.00

2 ,700.00

2,700.00

1,810.00

1,810.00

825.00

825.00

1 ,105.00

1 ,105.00

100,000.00

100,000.00

l+,566.00

4,366.00

$726,022.00 $ 4,986.16 $8,700.00 1 722,508.16

C. EQUIPMENT Administrative Offices Physical Plant Library Dormitories Dining Hall Farm
TOTAL EQUIPMENT

$ 12,439.90 109,775.81* 40,6 8 1.4 5 1 9 ,592.24 12 ,292.56
2 5 ,3 4 9 .5 5 $220,1 5 1 .5 4

$ 1,587.20 57,821.92 10,4 2 1.2 2
7,192.73 2,792-111* 1*,895*53 $64,5U.04

$ 15,827.10 11*7 ,597.76 51,102.67
26,781*.97 15,084.80 50,245.08
$ 284,642.58

TOTAL INVESTMENT IN PLANT

*968,255.31* $69,497.20 $8,700.00 $1,029,052.54

>250

SAVANNAH STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, I95O
Savannah Stata College Savannah, Georgia
251-

BALANCE SHEET June 30 1950
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on hand and in Bank Acoounts Receivable Due from Auxiliary Enterprises Due from Agency Funds
TOTAL GENERAL FUNDS

12, 808.58
58,71+9.87
5,000.00 2,299.63
$

78,818.08

B. AUXILIARY ENTERPRISES Cash on Hand and in Bank Accounts Receivable Stores (Inventories) TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT FUNDS

1.378.83 li+, 2 05.76
10,610.50


26,195*09 105,013.17

II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS



867.31+

*

8 6 7 .3I+

III. PLANT FUNDS A. UNEXPENDED (None)

B. EXPENDED Land Buildings Improvements Other than Buildings Equipment
TOTAL PLANT FUNDS
TOTAL ASSETS

lll+,1+00.00
91+5,91+8.59
, 18,1+1 1.3 0
281 107.85
1,399,867.71+
1,1+65,7 U 8 .2 5

252

BALANCE SHEET June 30 1950

LIABILITIES

I. CURRENT FUNDS A* GENERAL Accounts Payable Purchase Orders Outstanding Reserved for Unearned Income Due to Board of Regents Surplus
TOTAL GENERAL

1,325.68 1,965.58
1 2 ,7 3 8 .0 0
38,0 0 0 .0 0 2i|,788.82


78, 818.08

B. AUXILIARY ENTERPRISES Accounts Payable Due to General Funds Reserve for Stores Surplus TOTAL AUXILIARY ENTERPRISES

9,01*8.05
5,000.00 10,610.50
1,536.51*
26,195.09

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Due to General Funds Rind Balance

2,259.63 1,392.29

1 0 5 ,0 1 3 .1 7

TOTAL AGENCY FUNDS
III. PLANT FUNDS Due to University of Georgia Endoronent Funds Invested in Plant


27, 661.28 1,332,206.1*6

867.3U

TOTAL PLANT FUNDS TOTAL LIABILITIES

1,399,867.71* 1,1*65,71*8.25

253-

STATEMENT OF CURRENT INCOME For Y ear Ended Ju n e 30 1950

A. EDUCATIONAL AND GENERAL STUDENT FEES N on-Resident T u itio n M atriculation H ealth S ervice Summer S e s s io n F ees O ther Student Fees
TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS S ta te o f G eorgia R egular O perations Chatham County Board o f E d u catio n D ivisio n o f G eneral E xtension D ivision o f V ocational E ducation
U. S. P ost O ffice TOTAL GOVERNMENTAL FUNDS

SALES AND SERVICES C arp en try Shop Farm Shoe Shop TOTAL SALES AND SERVICES

OTHER SOURCES R ents from P ro p e rty G eneral and M iscellaneous TOTAL FROM OTHER SOURCES
TOTAL EDUCATIONAL A GENERAL INCOME Due t o Board o f R eg en ts Old A ccounts and re tu rn e d checks
TOTAL EDUCATIONAL & GENERAL RECEIPTS

B. AUXILIARY ENTERPRISES COLLEGE INN
FACULTY APARTMENTS - PARSONS HALL

DORMITORIES Boggs H all H ill H all H ubert H all TOTAL DORMITORIES

DINING HALL

FARM

LAUNDRY TOTAL AUXILIARY INCOME

NON-INCOME T ra n sfe r from G eneral Funds O ther T ran sfers TOTAL AUXILIARY RECEIPTS
TOTAL CURRENT INCOME

-254

G eneral Income
* 61,007 20 7 2 ,6 0 0 ,7 8 ^8*79905 61,398*78 1 1 |6 0 1 0 6
#215,1+06.87

#236,398.00
8 ,8 6 3 .5 0
2,500.00 5,01+3.62
2,1+75*00 t&S$,2HrE?

#

3*00

1,61+0 *58

111*75

t 1 ,7 5 5 .3?

t 1*.521.36 1 ,2 7 1.6 0 t 5.79 2.9 6

tU78,235.28 # 38,000.00
193*33.
#516,1+28.61

tU78.2J5.28

# 60,718.1+3 # 1+263 .1+1+

# 1,300.26
8,833*13 10 ,1+142.31
rg7575.~7o

# io i,l4 3 5 .9 5

# 27I4. 5U
# 8,650.97 # 195, 919.03

# 1 9 5 ,9 1 9 .0 3

$ 5,000.00 53U.U9
t2 0 1 .u 5 3 .5 g

________ _
t67u.15u.31

STATEMENT OF CURRENT EXPENDITURES Tear Ended June 30 1950

EDOCATIONAL AJNL) GENERAL ADMINISTRATIVE AND GENERAL Business Office Presidents Office Registrar's Office Post Office General Expense
TOTAL ADM. A GENERAL

Total

Object Classification

Operating

Salaries

Supplies

St Wages

St Expense Equipment

# 17,U5U.5U # 16,137. lU # 1,227.15 #

15.099-9U 1U.05U.95 12*756.97 11,555.00

1,039.99 1,201.97

2,266.1+3

2,2U7.83

18.60

25.9I4U.63

7.90U-U9 17,579.62

73,522.51 $ 51.899.Ul # 21,067.33 t

90.25 5.OO
U60.52 555.77

STUDENT WELFARE Coord, of Pers. Service Dean of Men Dean of Women Health Service
TOTAL STUDENT WELFARE

# 5.136.83 $ 3,863.09 # 1,273.7U

3.091-23

3,091.23

U.5+2.95 5.990.89

U.5U2.95 5,060.1+8

867.65 #

# 18,761.90 $ 16,557.75 # 2 ,lUl.39 #

62.76 62.76

PHYSICAL PLANT

# 60,915.77 # 2U,182.70 # 3U,375.03 $ 2,358.oU

LIBRARY

1 l3.950.6l # 9,050.00 # 305.82 # U.59U.79

INSTRUCTION Dan of Faculty Agriculture Arts and Sciences Biology Business Chemistry Education English Fine Arts Health & Physical Education Home Economics Industrial Arts Languages Mathematics Physics Social Science Summer School Training School
TOTAL INSTRUCTION

# 8,5ll+.26 10,839.05 3,136.30 10,513.98 12,761.50 8,667.5U 25,U30.89
20,290.87 13,672.au
16,651.77 17,6Uo.6o 60,892.15
2,6U7.5l+ 8.U18.75 3,253. 84 18,U51.63 30,603.10 12, 5U9.U2
$28U,936.03

# 5.77U.61
9,191.75 2,506.23 7,673.00 12,212.U0 6,953.63 2U,7Ul*66
20,099.97 12,970.67 15,320.00
lU.551.U9 U9.135.8U
2,590.72 8 ,Ul5.00 3,250.00 18,169.25
29,952.52 11,882.50
I255.391.2u

2,739.65 1.U3U.39 630.07 860.98
136.75 829.91 689.23 61 .Uo 662.17
351.39 1,853.63 8,595.47
3.75 3.8U 10.U3 65O.58 2 1 6 . 5U 1 19,730.18

$ 212.91
1,980.00 U12.35 88U.00
129.50 U0.00 98O.38 1.235.U8 3 ,160.8U 56.82
271.95
U50.38
i 9.81U.61

FARM

$ 6,976.39 # 2,3U2.75 # U.U81.25 # 152.39

EXTENSION

# 9.12U.U0 # 8,989.U7 # 13U.93

TOTAL EDUC. & GENERAL EXPEND. U68,187.61 l368,Ul3.32 82,235.93 #17,538.36

NON-EXPENSE

Transfer to Auxiliary Enterprises# 5*000.00

Transfer to Plant Fbnds

8,55U55

TOTAL EDUC. & GENERAL DISB.

|U81,71+2.16

-255-

B. AUXILIARY ENTERPRISES COLLEGE INN
PARSONS HALL
DORMITORIES Boggs Hall Hill Hall Hubert Hall TOTAL DORMITORIES
DINING HALL
FARM
LAUNDRY
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE Transfers to Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification"

Operating

Salaries

Supplies

A Wage8 A Expense Equipment

* 7^.695.96 * 8,90l*.55 61+,791.6l

1 ,865.3]+

1 ,865.31+

1 ,906.11+
7,999.53 6 ,865.83
| 16,771.50 *

555.00 2 ,309.10 1+,590.00
7,1+514.10'1

1 ,3 5 1 .11+

1+,621+.1+3 1 ,066.00

2,256.07

19.76

8,2 3 1 .61+7 1 ,085.76

*100,557.59 17,676.143 * 81,257.75 1,1+23.23 * 76 6 .5 5 * 575-70 * 19 2 .6 5
$ 10,3 19 .6 2 * 8,558.51 1,51+6.76 t U5U .5 5

203,776.16 142,91+7.09 *15 7 .885.75 * 2.9U5.5U

2 ,196.00

205,972.16

|S .7

*671,965.77 1+11,360.1+1 21+0,121.66 20,1+81.70

STATEMENT OF CHANGES IN CASK BALANCES Year Ended June 30, 1950

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TOTALS

Fund Balance July 1, I9U9 Receipts

Disburse- Find Balance Menta June 30, 1950

-21,877.87 516,1+28.61 !|8 1 ,7I+2 .I6 12,808.58 5,897.1+7 201,1+53.52 205,972.16 1,378.83
-15,980.140 717,882.13 087,711+.32 li+,187.1+1

1,1+61.51+ 69,618.21+ 70,212.1+1+ * 867.5U

-ll+,518.86 787,500.37 *7 5 7,9 2 6 .76 l5,05l+.75

BANK BALANCES

Liberty Bank A Trust Company, Savannah, Georgia Educational & General Revenue Collections Auxiliary Enterprises Agenoy Funds Petty Cash Fund
TOTAL

10,27l+.09 2 ,156 .3 6 1 ,396.93 685.37 51+0 .0 0
* 1 5 .05U.7 5

256

Campus Chest Class Accounts Due to Other Rinds Returned Checks Scholarships Student Bank Student Activity, Clubs, Etc. Teachers Retirement Withholding Tax
TOTAL

STATEMENT OF AGENCY FONDS Year Ended June 30 1950

Fund Balance

Disburse Fund Balance

July 1, I9+9 Receipts

ments June 30, '50

* 1.59 67.1*9
6,087.87 -1+6.00
I+6 5 .9 5 -5,200.53
121.87 -3 6 . 7 0

* 617.50 2,208.61
1+6.00 902.30
22.00 3 6 ,2 5 0 .2 0 11,287.12 18,28t+.51

$ 588.1+0 71*2.87
3,828.21+
877.30 89.95 31*. 550.75 11,287.12 18,21+7.81

* 30.69 1,533.23 2 ,259.63
25.00 398.00 3,501.08 121.87

*1 ,1+6 1 .51+ *69,618.21+ *70,212.141+ * 867.3I+

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1950

BALANCE, BEGINNING OF YEAR
ADDITIONS* Transfer from General Funds Transfer from Auxiliary Funds TOTAL ADDITIONS
DEDUCTIONS* Expended for Plant Additions Buildings and Additions to Buildings F&rmshop and Cannery Parsons Hall White Hall TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
Improvements Other them Buildings Athletic Stadium
TOTAL EXPENDED FUR PLANT ADDITIONS
Indebtedness Retired Payment to Univ. of Ga. Endowment Funds
Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds for Plant
Additions
* ----

Funds for Debt
Service
* ----

Total * ----

* 8,551+.55

* 8,55l+.55

1 7 9 .OO * 2 ,017.00 2 ,196.00

8,733.55 "* 2,017.00 $10,7 5 0 .5 5

* 562.00 1 7 9 .OO
i+,6 76 .59
* 5*1+17.59

* 562.00 179.00
!+,676.59
* 5,1+17.59

* 3,315.96 * 8,733.55

* 3 .3 15 .9 6 * 8,733*55

* 1 ,152.60 * 1 ,152.60 * 861+.1+0 * 861+.1+0 * 8.7 3 3 .5 5 * 2,017.00 *10,750.55 * - - - * ---- * ----

-257'

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1950
VALUE OF PLANT, JULY 1,' 19^9
ADDITIONS* Expended from Plant Funds Expended from Eduoational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Adjustments for prior years TOTAL ADDITIONS
VALUE OP PLANT, PLUS ADDITIONS, JUL 1, 19^9
DEDUCT! Loans Payable
INVESTMENT IN PLANT, June 30, 1950

#1,322,70*4.99
8,733.55 17,538.36 2.9U3.3U 7,9U7.50 $ 37,162.75 11,359,867.71*
27,661.28 #1 ,332,206.^6

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1950

LAND Campus Off-Campus
TOTAL LAND

Year Acquired

Investment Beginning
Of Year Additions

Investment

Deduct- End of

ions

Year

I89O

#1114,000.00 I4OO.OO
#lll+,l400.00 ~

# 1114,000.00 I4OO.OO
# 1114,1400.00

BUILDINGS Adams Hall Barbecue Pit Band Stand Boggs Hall Brooder House Camilla Hubert Hall College Inn Community House Cottage #1 Cottage $2 Cottage #3 Cottage $4 Cottage #5
Cottage #6
Cottage #7 Cottage $8 Creamery A Dairy La. Dairy Barn Farm Shop and Cannery Fine Arts Building Garage Hammond Hall Herty Hall Hill Hall Incubator House

1932 19Ul
1890 1938 1937 191*7 1938 1903 1908 1908
1931 1932 1908 1908 1936 19 1*+ 1921 1938 19U7
1908 1938 1905 1938

# 6I|.,910.00 650.00
600.00 9,580.00 5 ,000.00 1143,0 1 0 .0 0 1 1 ,500.00 13 ,350.00 7 ,000.00 6,200.00
7,850.00 3.750.00 8,900.00 6 ,1 5 0 .0 0 8,875.00 6 ,050.00 U.OOO.OO
8,580.00 1 5 ,600.00 # 2 0 ,2 5 0 .0 0
500.00 1 0 ,650 .0 0 6 1 ,500.00 122,220.00
14,7 1 0 .0 0

562.00

# 614,910.00 650.00 600.00
9,580.00 5 ,000.00 1143,0 1 0 .0 0 1 1 ,500.00 13 ,350.00 7 ,000.00 6,200.00
7,850.00
3.750,00 8,900.00 6 ,1 5 0 .0 0 8 ,8 7 5 .0 0 6 ,050.00 14,000.00 8,580.00
16,162.00 20,250.00
500.00 1 0 ,6 50 .0 0 6 1 ,500.00 122,220.00
14,710.00

-258'

BUILDINGS (Cont'd) Infirmary Information House Laying House $1 Laying House $2 Masonry Shop Meldrim Hall Morgan Hall Paint Shop Parsons Hall Powell Laboratory School Plumbing Shop Shoe Shop Storage House Trades Building "White Hall Wilcox Hall
TOTAL BUILDINGS

Investment Year Beginning Acquired Of Year Additions

Deductions

Investment End of Year

191*7 1938
1939 1939 1939 1923 1936
1938 I89O
1935 1948 1920
1939 191*5 1921
1934

# 18,675.00
650.00 500.00 500.00 4 ,660.00 123,620.00 37,700.00 4 ,660.00 55,580.00 # 179.00 15,300.00 300.00 4,100.00 500.00 2 9 ,9 0 0 .0 0 1 1 ,900.00 4,676.59 80,601.00
#940,531.00 # 5,417.59

# 18,675.00 65O.OO 5OO.OO 500.00
4 ,660.00 123,620.00
37,700.00 4 ,660.00 55,759.00 1 5 ,3OO.OO
3OO.OO 4 ,100.00
5OO.OO 2 9 ,9 0 0 .0 0
16,576.59 80,601.00
~ T 945,948.59

C. OTHER IMPROVEMENTS Development of Athletic Field Water System Telephone System
TOTAL OTHER IMPROVEMENTS

# 3 ,000.00 # 3 ,3 15 .9 6 1 1 ,2 9 5 .31* 800.00
# 1 5 ,095.34 #''3,315.96

$ 6,3 15 .9 6 11,295.34 800.00
~ T 18,4i1.30

D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Extension College Inn Book Store Snack Bar Community House Dining Hall Dormitories Boggs Hall Hill Hall Hubert Hall Teachers Dormitory - Men Teachers Dormitory - Women Farm Infirmary Laundry Post Office Student Activities
TOTAL EQUIPMENT

# 12,942.8 5 # 797.77

#

33.891.50

i3.aU-3.7l*

2 8 ,4 3 8 . 0 0

IO8 .6 9

98,843.55 20,638.64

446.00

10.00

13,61*0.62
30,01*7 .7 6 28,546.69 119,482.19
4 5 6 .OO

974.50
4 , 84o.io
4 ,056.46 1 5 ,229.00

3.50 1 ,13 7 .7 3
1 ,1 5 1 .0 1

978.00
3,702.37 4,056.46 16,380.01

1 ,050.00

39.50

4 ,792.90 10 ,4 5 7 .2 2

507.65 136.80

7 0 4 .12

6.50

4 ,2 3 9 .11 8 ,236.90 7 ,228.05

103.41

2 ,492.80

330.27

14,9 7 1.0 0 153.00

3 ,275.30 334.38

6 ,0 19.64 7 ,538.06

#252,678 .65 #37,810.10 #9,380.90 #

1 ,010.50 4,285.25 10 ,320.42
697.62 u.13 5 .7 0
15,464.95 2.162.53
11,695.70 1*87.38
13,557.70
201,107.85

TOTAL INVESTMENT IN PLANT

#1,322,704.99 #46,5^3.65 $9,380.90 #1,359,867.74

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