University System of Georgia financial report for the year ending June 30, 1951

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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 FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 3 0 , I 95I
R egents o f th e U n iv e rsity System of G eorgia 20 Iv y S tr e e t, S . E . A tla n ta , G eorgia

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REGENTS UNIVERSITY SYSTEM OF GEORGIA
REGENT
M rs. W illiam T. Healey Jan u ary 18, 1950 - Jan u ary 1, 1953
J ohn J McDonough Jan u ary 1, 1950 - Jan u ary 1, 1957
F ra n k M. S p r a t l i n
J a n u a r y 1 , I 9I46 - J a n u a r y 1 , 1953
Frank D. F oley Jan u ary 8, 1952 - Ja n u a ry 1, 1956
Carey W illiam s
J a n u a r y 10, 19i|9 " J a n u a r y 1 , 1955
James P eterson J a n u a r y 10, 19U9 - J a n u a r y 1 , 1955
H. L. W ingate J a n u a r y 1 , 191+7 - J a n u a r y 1 , 19 9 b
Cason J . Callaway
J a n u a r y 1 , 1951 " J a n u a r y 1 , 1958
R obert 0 . A rnold J a n u a r y 10, 19^+9 - J a n u a r y 1 , 1956
R utherford L. llis
J a n u a ry 1, 19bl " J a 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
C. L. Moss Jan u ary 1, 1952 - Jan u ary 1, 1959
Francis Stubbs, S r. Jan u ary 12, 1950 - Jan u ary 1, 1957
Edgar B. D unlap, S r. J a n u a r y 3* 1952 - J a n u a r y 1 , 1959
Roy V. H a rris Jan u ary 1, 1951 " Ja n u a ry 1, 1958
OFFICERS OF THE BOARD OF REGENTS C hairm an . . ................... R o b e rt 0 . A rn o ld V ice Chairm an Jo h n J . McDonough C h a n c e llo r Harmon W. C a ld w e ll Executive S ecretary L. R. S ie b e rt T reasu rer James A. B l i s s i t

-1 -

ADDRESS A tla n ta A tla n ta A tla n ta Colum bus G re e n sb o ro S o p e rto n
Pelham H am iIton C o vin g to n
A tla n ta Macon
C alhoun D ouglas G a in e s v ille A u g u sta
LIBRAR OF GEORG'b

**
*W

REGENTS UNIVERSITY SYSTEM OF GEORGIA

DISTRICT

REGENT

S ta te a t Large

M rs. W illiam T. H ealey Ja n u a ry 18, 1950 " Jan u ary 1, 1953

S ta te a t Large

J o h n J . McDonough Ja n u a ry 1, 1950 " Ja n u a ry 1 , 1957

S ta te a t Large

F ra n k M. S p r a t l i n Ja n u a ry 1, 1946 - Ja n u a ry 1, 1953

S ta te a t Large

Frank D. Foley Jan u ary 8 , 1952 - Jan u ary 1, 1956

S ta te a t Large

Carey W illiam s
J a n u a r y 10, 1949 " J a n u a r y 1 , 1955

F irst

James P eterson Ja n u a ry 10, 1949 - Ja n u a ry 1, 1955

Second

H. L. W ingate J a n u a r y 1 , 19^+7 - J a n u a r y 1 , 1954

T h ird

Cason J . C allaw ay Jan u ary 1, 1951 - Ja n u a ry 1, 1958

F o u rth

R obert 0 . A rnold Jan u ary 10, 1949 " Jan u ary 1, 1956

F ifth

R utherford L. llis
J a n u a r y 1 , 1947 - J a n u a r y 1 , 1954

S ix th

C harles J . Bloch J a n u a r y 7 1950 - J a n u a r y 1 , 1957

S e v e n th

C. L. Moss Jan u ary 1, 1952 - Jan u ary 1, 1959

E ig h th

Francis Stubbs, S r. Ja n u a ry 12, 1950 - Jan u ary 1, 1957

N inth

Edgar B. D unlap, S r. J a n u a r y 3* 1952 - J a n u a r y 1 , 1959

T e n th

Roy V. H a rris Ja n u a ry 1, 1951 - Jan u ary 1, 1958

OFFICERS OF THE BOARD OF REGENTS
Chairman . . . . R obert 0 . A rnold V ice C hairm an Jo h n J . McDonough C h a n c e llo r . . . Harmon W. C a ld w e ll Executive S ecretary L . R . S ie b e rt T re a su re r . James A. B lis s it

-1 -

*

ADDRESS A tlanta A tlanta A tlanta Colum bus G reensboro S oper to n
Pelham H am ilton Co v in g to n
A tlanta Macon
C alh o u n D o u g las G ainesville A ugusta
U N IV E ^
LIBRARIES
OF GEORG'L

T A B L E OF C O N T E N T S

Summary ........................

3

C onsolidated Statem ents

12

U n iv e r s it y System o f G eorgia - G eneral A c t i v i t i e s ..............................

25

The U n iv e r s it y o f G eorgia - Sum m ary..................................................................................... 3I

The U n iv e r s ity o f G eorgia - C o n so lid a ted ....................................................................... ty.3

The U n iv e r s it y o f G eorgia, A thens ..............................

*9

A g r ic u lt u r a l E x te n sio n S e r v ic e , A thens . . . . . . . . . ..................................... 9

A tla n ta D iv is io n o f th e U n iv e r s it y o f G eorgia . . . . .............................................. 9 *

Georgia A g r ic u ltu r a l Experiment S ta tio n , Experiment . . . . . . . . . . . . 1 0 3
G eorgia C o a s ta l P la in Experim ent S t a t io n , T ifto n ................................................... .... I I 3 G eorgia I n s t i t u t e o f T ech n ology, A tla n ta ........................ . . . . . ........................ I 23

N orth G eorgia C o lle g e , D ahlonega ..................................................................... ...................... 1 5 3
G eorgia S t a t e C o lle g e fo r Women, M ille d g e v ille ........................ . . . . . . . . I 63

G eorgia T eachers C o lle g e , S t a t e s b o r o ............................................................ ...................... 1 7 5

V a ld o sta S t a t e C o lle g e , V a ld o sta ................................ ....................................

12>5

M ed ica l C o lle g e o f G eo rg ia , A u g u s t a ............................ ............................................... 1 9 5

G eorgia S o u th w estern C o lle g e , Am ericus .............................................................................. 2 0 5

W est G eorgia C o lle g e , C a r r o l l t o n ................................................................................... ....

215

M iddle G eorgia C o lle g e , Cochran . . . . . . . . . . . ................... ....

22^-

S ou th G eorgia C o lle g e , D ouglas ....................................................... .... ...........................

231

Abranam B aldw in A g r ic u ltu r a l C o lle g e , T ifto n

2^-1

A lbany S t a t e C o lle g e , A l b a n y ....................... ........................... .... ............................................. 2 5 1

F o rt V a iio y S t a t e C o lle g e , F o r t V a lle y . . ............................

259

Savannah S t a t e C o lle g e , Savannah ....................... .... .................................... ........................... 2 7 1

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SUMMARY
The f in a n c ia l rep o rt; contained, 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 rs ity System f o r th e f i s c a l y e a r ended June 3 0 , 1951 T h is r e p o r t i s p re p a re d on a b a s is c o n s is te n t w ith th e recom m endations of th e N a tio n a l Committee o f S tan d ard R ep o rts fo r I n s titu tio n s of H igher E d u catio n , A ll statem en ts and sch ed u les are p rep ared on a cash r e c e i p t s and d is b u rse m e n ts b a s is w ith th e e x c e p tio n o f th e b a la n c e s h e e ts w h e re in a l l known a s s e ts and l i a b i l i t i e s are in c lu d e d , and th e sta te m e n t of s u rp lu s w hich i s computed on an accrual b a sis.

EDUCATIONAL AND GENERAL

CURRENT FUNDS

Inoanie " D uring th e f i s c a l y e a r 1950-51, income f o r th e E d u c a tio n a l and G en eral
O p e ra tio n s o f th e U n i v e r s i t y S ystem am ounted t o $16,1+28,11+2. T h is r e p r e s e n t s an in c r e a s e
o f 2*5# o v er th e am ount o f $ 1 6 ,0 2 0 ,3 2 2 r e a l i z e d d u r in g t h e y e a r 19I+9- 50. The i n c r e a s e s
or d e c re a s e s in v a rio u s so u rc e s o f income as compared w ith p re v io u s y e a rs may be n o te d in ite fo llo w in g summary w hich g iv e s th e income by so u rces f o r th e l a s t fo u r y e a r s .

Source o f Income

I 9I+7-I4

191+8-1#

I 9I+9- 5O

1950-51

Student Fees;

M atriculation N on-R esident

$ 2,520,569

17*0# $ 2 ,7 8 3 ,1 7 0

17. 6# $ 3,21+5,002 20. 3# $ 3, 21+2,320 19. 7#

T uition Siommer S e s s io n O th er
T o tal Fees

$

3,51+7,532 23.976 2,51+5,809

8 8 7 ,6 2 3 6. 0#

982,956

27l+,6l 8 1. 8#

292,1+91+

7 , 23^,542 " 2+577# $ 6, 604,429

1 6 .1 # 2, 073,556 1 2 .9 # 1,596,11+8 9 .7 #

6 .2 # 1, 007,173 6.376

853.668 5 .2 #

I .976 383,650 2.1+#

328,101 2 .0 #

1+1.8# $ 6, 709,301 "1+1.9# J "6", 0 2 0 ,5 3 7 " 36. 6#

G ifts , G rants

& Endowment $ 387,715 Govft . o th e r

than S tate S ales & Services O ther
T otal In te r

1 ,8 2 6 ,9 9 3 1 ,2 3 5 ,1 1 2
171,662

n a l Income S ta te of Ga.

$10,851,821+ 1+, 007,151+

2 .6 #

1+1+8,1+61 2 .8 # $ 323, 11+0 2 .0 # $ 5 1 0 ,1 0 8

12. 3#
8.376
1 . 1#

1,986,993 12.6# 1,068,613 6 .8 #
307,11*8 2 .0 #

2, 105,231 13. 1#
1,228,755 7 .7 # 157,397 1 .0#

2,082,301+
l,5 7 l+ ,5 9 5 131,273

73.O# $10, 1+15, 61+1+ 27.O# 5,372,391+

6 6 .0 # $10, 523, 901+
31+.0# 5,1+96,1+18

65. 7# $ 1 0 ,3 1 8 ,8 1 7 3I+.376 6 ,1 0 9 ,3 2 5

3 .$
I 2. 7#
9 .6 # 0 .8 #
6 2 .8 # 3 7 .2 #

i n g Incom e $ ll+ ,8 5 8 ,9 7 8 1 0 0 .0 # $ 1 5 ,7 8 8 ,0 3 8 1 0 0 .0 # $ 1 6 ,0 2 0 ,3 2 2 100.0% $16,1+28,31+2 100.0%

I t w i l l be n o te d from th e above summary t h a t d u rin g th e p a s t f o u r y e a rs th e p e rc e n t age o f th e t o t a l income p ro v id ed from s tu d e n t fe e s has d e c re a sed each y e a r; w h ereas, th e p ercen tag e o f th e t o t a l income p ro vided by S ta te A p p ro p ria tio n has in c re a s e d each y e a r. T his tre n d w ill a ls o be noted in th e fo llo w in g com parison o f th e so u rces of income fo r th e
of u n its of th e U n iv e rsity System fo r th e p a st fo u r y e a rs w ith th a t

W-;-
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Senior C olleges
191+0-1+1 191+7-148 19I+8-I+9 191+9-50 1950-51

S tudent Fees S ta te of G eorgia O ther Sources

T otal

$1 , 1+25,021 1+7 . 1$ 6, 1+1+5,050 62.!+#

$1, 106,262 36. 8#
2,170,360 21.0#

* 1+76,997 1,719,860

I 5. 8# 16.6#

$ 3,008,280 1 0 ,3 3 5 ,2 7 0

100.0# 100.0#

5,772,691 5 5 ... 2,888,750 27.9#
5 ,9 0 i+,789 55. 2# 3,181,1+31 29.7% 5,230,31+5 1+8.1+# 3, 678,222 3I+ .I#

1,691+. 267 16. 1+#
1 * 6 0 9 ,8 2 9 15.176 1 ,8 9 0 ,7 7 5 17.576

10,355,708 100.0#
10, 696, 01+9 100. 0#
10,799,31+2 100.0#

-3 -

M edical C ollege
192+0- 1+1 191+7- 1+8
192+8-1+9 191+9-50 1950-51

S tu d e n t Fees S ta te o f Qeo rg ia O ther S ources

I 1+1,236 2 2 .1 $ $ 1 1 8 ,2 8 6 63*3/6 $ 2 7 ,2 7 9 ll+ .6 $ $

93,229 2 0 .0 $ 295,1+60 63*5#

76,711+ 16. 5$

101,952 I 5. 3# 81,363 1 2 .2 $

1+70,000 70. 6$
1+83,929 7 2 .5 #

9I+, 157 ll+ .l$ 102,232 1 5 .3 $

129,278 15. 9# 1+75,000 58.1+$ 2 0 8 ,8 9 6 2 5 .7 #

T otal
186,802 100.0$ 1+65,1+03 1 0 0 .0 #
666,109 1 0 0 .0 #
667,521+ 100.0$ 813,171+ 1 00.0$

Ju n io r C olleges

191+0- 1+1 192+7- 2+8
191+8-1+9 191+9-50 1950-51

i lo i+,936 2 8 .0 $ $ 217,663 5 8 .0 $ $ 5 2 ,5 5 0 ii+ .o $ $ 375,11+9 1 0 0 .0 $

357,802 I+9.3# 302,618 2+1.7#

65,177 9 .0 $

725,597 100.0$

272,321 37.9/ 375,1+00 52. 2$

71,701 9 .9 #

719,1+22 1 0 0 .0 $

2 7 7 ,2 5 5 3 6 .5 # 1+17,888 51+.9#

65,362 8 .6$

760,505 100.0$

1 9 8 ,0 9 7 29. 2$ 1+37,500 62+.1+#

1+3,358 6.1+$

678,955 100.0$

Negro C olleges
191+0- 1+1
191+7-1+8 191+8-1+9 191+9-50
1950-51

3 5 9 ,8 6 0 2 1 .0 $ $ 108,960 3 8 .3 # $ 1 1 5 ,8 6 3 1+0.7# $ 28l+,683 1 0 0 .0 $

33I+, 261 3 9 .1 $ 1+21,1+61 I+9. 3#

99,016 11.6#

85I+, 738 1 0 0 .0 $

1+57,1+65 1+1.3$ 522,1+91+ 1+7.2$ 1 2 7 ,5 9 6 1 1 .5 # 1 ,1 0 7 ,5 5 5 1 0 0 .0 #

1*1+5,972 1+0.0$ 5 3 2 ,8 9 6 I+7. 9#

13l+,593 1 2 .1 # 1,113,1+61 100.0$

1+62,817 38. 5$ 6 1 3 ,7 3 6 51. I #

12l+, 857 10.1+$ 1,201,1+10 1 0 0 .0 $

Experim ent S ta tio n s & A g ric u ltu ra l E xtension
191+0-1+1 191+7-1+8 191+8-1+9 192+9-50 1950-51

$ 156,709 13.0#
659,382 26.5#
803,550 30. 8$ 770, 271+ 2 8 .9 #
789,867 28.0$

$1,01+5,68987. 0# $ 1 ,2 0 2 ,3 9 8 100. 0$
1 ,6 5 7 ,6 9 7 7I . 5# 2 ,3 1 7 ,0 7 9 1 0 0 .0 $ 1 , 805,709 69 . 2% 2, 609,259 100. 0$ 1 ,8 9 9 ,3 8 0 7 1 .1 $ 2, 669, 65!+ 1 0 0 .0 $ 2 ,0 3 0 ,3 9 3 7 2 . 0$ 2 ,8 2 0 ,2 6 0 1 0 0 .0 $

T o ta l fo r System
192+0- 1+1
191+7-1+8
191+8-1+9 192+9-50 1950-51

411,631,051+ 3 1 .8 $
7, 230, 31+2 1+8.7#
6,60l+,l+29 1+1.8$
6 ,7 0 9 ,3 8 1 2+1. 9$ 6, 020,537 36. 6$

$ 1 ,7 7 1 ,1 7 9 3U .6$ $ 1 ,7 1 8 ,7 8 2 3 3 .6 $ $ 5 ,1 2 1 ,0 1 5 100. 0$
1+,007, 15I+27. 0$ 3 , 621, 1+82 21+.3# ll+ ,8 5 8 ,9 7 8 100. 0$ 5,372,391+3l+.0$ 3 ,8 1 1 ,2 1 5 2l+.2$ 15, 7 8 8,038 100. 0$ 5 , 1+9 6 , 1+18 3I+.3# 3, 811+,523 23. 8$ 16, 020,322 100. 0$ 6, 109,325 37. 2$ I+,298,280 26. 2$ 16, 1+28, 11+2 100. 0$

I t w ill be noted from th e above com parisons t h a t th e s tu d e n t fe e s c o lle c te d
d u r in g 1950-51 w ere 10. 3$ l e s s th a n th e amount c o l l e c t e d f o r th e p r e v io u s y e a r . The above
f i g u r e s a r e b a se d on a c t u a l c a s h r e c e i p t s . On an a c c r u a l b a s i s , th e s t u d e n t f e e s e a rn e d
d u r in g 1 9 50-51 w ere 12$ b elo w th e amount o f f e e s e a rn e d d u r in g 191+9-50* E n ro llm e n t s t a t i s t i c s w ill re v e a l th e most im portant fa o to r involved in th is d e c lin e in stu d en t fe e s.
D u rin g th e F a l l , W in te r and S p r in g Q u a r te r s , 30,058 s t u d e n t s w ere e n r o l l e d i n th e v a r io u s
u n its of th e U n iv e rsity System fo r an average e q u iv a le n t f u l l tim e en ro llm en t fo r the
academ ic y e a r o f 19,1+65 s t u d e n t s as com pared w ith an a v e ra g e o f 2 2 ,9 3 9 e q u i v a l e n t f u l l tim e
s t u d e n t s d u r in g th e I 9I+9- 5O academ ic y e a r . T h is am ounts t o a 15$ d e c r e a s e i n e n r o llm e n t
f o r th e academ ic y e a r as com pared w ith th e p r e v io u s y e a r , d u r in g th e Summer Q u a r te r o f
1950, 16,896 s tu d e n t s w ere e n r o l l e d f o r an e q u i v a l e n t f u l l tim e e n r o llm e n t o f 1 2 ,9 7 7 s t u d e n t s as com pared w ith an e n r o llm e n t o f 13,659 e q u i v a l e n t f u l l tim e s t u d e n t s d u r in g
t h e 191+9 Summer Q u a r t e r . T h is r e p r e s e n t s a d e c r e a s e o f 5% I n th e e n r o llm e n t f o r th e Summer Q u a r t e r , he t o t a l e n r o llm e n t f o r th e academ ic y e a r and t h e Summer Q u a r te r o f
I 95O-5I com puted on an e q u i v a l e n t f u l l tim e s t u d e n t b a s i s was I 3. 5# b elow th e e n r o llm e n t
f o r 192+9-50. I t w i l l be n o te d t h a t th e p e rc e n ta g e d e c re a s e in s tu d e n t f e e s e a rn e d i s n o t a s g r e a t as th e p e r c e n ta g e d e c r e a s e i n e n r o llm e n t. A'h i s may be e x p la in e d i n p a r t as fo llo w s. E ffe c tiv e w ith th e F a ll Q uarter of 1950, th e fees of th e M edical C ollege of
-4-

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*

G eorgia were in c r e a s e d ap p ro x im a tely b5%* The a d ju sted r a te o f t u i t i o n p aid by th e
V eterans -A dm inistration fo r v etera n stu d en ts during 1950-51 was h igh er than the r a te fo r
1949- 50; t h u s , p a r t i a l l y o f f s e t t i n g th e d e c lin e in f e e s th a t would o th e r w ise have been
experienced due t o a d e c lin e in v etera n enrollm ent*

The amounts shown as income from th e S ta te of G eorgia in th e above sum m aries r e p re s e n t th e amounts a llo c a te d th e v a rio u s u n its of th e U n iv e r s ity System by th e Board of R egents fo r E d u c a tio n a l and G en eral O p eratio 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 fo r purposes o th e r th a n E d u c a tio n a l and G eneral O p eratio n s* T hese am ounts f o r t h e y e a r 1950-51 &nd th e p u rp o s e s f o r w h ich th e y w ere a l l o c a t e d a r e s e t f o r th below* The t o t a l a p p r o p r ia tio n re c e iv e d from th e S ta te o f G eo rg ia by th e Board of R egents d u rin g 1950-51 was $6,270,000* T his amount was composed o f th e fo llo w in g ite m s:

R egular A p p ro p riation S peoial A ppropriations U n iv e rs ity o f G eorgia Endowment Funds

$ 5 * 170,000
1 ,0 9 2 ,0 0 0 8 ,0 0 0

T ota!

$6, 270,000

The a llo c a tio n s made by th e Board o f R egents d u rin g 1949-50 w ere as fo llo w s :

U n iv ersity of G eorgia A tlan ta D ivision G eneral E xtension D iv isio n
G eorgia I n s titu te of Technology M edical C ollege of G eorgia 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 G eorgia Teachers C ollege V aldosta S ta te C ollege G eorgia Southw estern C ollege West G eorgia C ollege M iddle G eorgia C ollege South G eorgia C ollege Abraham B aldw in A g r ic u ltu r a l C o lleg e Albany S ta te C ollege P o rt V alley S ta te C ollege Savannah S ta te C ollege G eorgia Experim ent S ta tio n G eorgia C o astal P la in Experim ent S ta tio n A g ric u ltu ra l E xtension S ervice Regents C e n tra l O ffice S o il C o n serv atio n Committee Graduate E ducation fo r N egroes R egional C ouncil fo r E ducation P la n t Development P lan s B uilding A uthority R entals
T otals

E d u ca tio n a l
& General
$1, 462,322 250,000
44,300
1 , 007,000
475,000
203,000 411,000
180,000
120,600 78,000 96,000
74,500
94,000
95,000
144,550 193,153 276,033 150,000 204,667
435,200
90,000 25,000

P la n t Funds
$ 25,000
35,000 9,000
7,559
7,633 3,500 17,160
29,288 10,967
2,000 20,000
24,300
352,530

Other NonE d u ca tio n a l

T otal

$ 8,000

$ 1 ,4 9 5 ,3 2 2
250,000 1^4,300 1 , 042,000
4 7 5 ,0 0 0
212,000 4l l ,000
180,000

7 5 ,0 0 0 27,975

128,159
85,633 96,000
7 8 ,0 0 0 9 4 ,0 0 0 112,160
144,550
222,441 287,000
152,000
224,667 4 3 5 ,2 0 0
90,000
2 5 ,0 0 0 7 5 ,0 0 0
27,975 24,300
352,530

$6, 109,325 $ 5 4 3 ,9 3 7 $ 1 1 0 ,9 7 5 $ 6 ,7 6 4 ,2 3 7

The b a la n c e in th e R egents A llo tm en t A ccount a t J u ly 1, 1950 was $581,353* D uring. 1950-51 'th is account was in c re a s e d by th e S ta te A p p ro p ria tio n of $ 6,270,000 and by i n t e r e s t
e a rn e d on te m p o ra ry in v e s tm e n ts i n th e amount o f $6, 172, m aking a t o t a l o f $ 6 ,8 5 7 ,5 2 5
a v a ila b le fo r a llo c a tio n . As w ill be noted from th e above sta te m e n t of a llo c a tio n s ,
-5 -

$6,761+,237 was a llo c a te d f o r v a rio u s p u rp o se s, le a v in g a b a la n c e in th e A llo tm e n t A ccount
of* 1 9 3 ,2 8 8 a t Ju n e 3 0 , 1951. Of t h i s amount $ 1*4.,590 was r e s e r v e d f o r a l l o c a t i o n s t o be
p a id d u r in g 1951- 52, and $78,698 was u n a l l o c a t e d .

E x p e n d itu re s - The e x p e n d itu re s of th e U n iv e rs ity System f o r E d u c a tio n a l and G e n e ra l p u rp o s e s d u r in g 1950--51 amounted t o $ 1 5 ,7 8 0 ,8 2 1 * As com pared w ith th e amount o f
$15, 1+25,1496 expended d u r in g 191+9-5, t h i s r e p r e s e n t s an in c r e a s e o f 2 .3 $ o v er th e p r e v io u s
y e a r . The fo llo w in g summary com pares th e e x p e n d itu re s f o r 195-51 w ith th e e x p e n d itu re s
fo r the th ree proceeding y e a rs.

F u n c tio n

191+7-1+8

19I+8- I +9

191+9-50

1950-5.1

Adm. & G e n e ra l $ 1, 360,625

S tudent W elfare

290,305

P la n t O perations 1, 619,165

L ibrary In stru ctio n

1+50,1+77
6, 068,509

A ct. R elated to

In stru ctio n

736,299

R esearch

i,l+li+,57+

A gric. E xt. O ther E x t.

1,1+80,61+8
663,019

O ther

120,319

9*6/6 $ 1,1+61+,887

2 .0 $

317,880

11.1$ 1.77U.723

32$

1+80,321

1+2.6$ 6 ,0 1 2 ,0 5 8

52$ 10.0$
10. l+$
1+. 7$ 0 .9 $

695,551 1 ,7 0 3 ,2 2 9
1,583,551+ 1 ,0 8 6 ,2 0 7
90,152

9. 6$ $ 1,1+91,81+9

2 .1 $

332,981+

11.7# 1 ,5 6 1 ,6 9 6

3 2$

500,001

39. 5$ 6, 331*, 175

1+. 6/o 11.2$ 10.1+$
71$
0. 6$

707,379 1 ,7 6 2 ,9 0 8 1 ,6 2 9 ,8 8 2 l,1 0 l+ ,6 2 2

9*7% 1! 1 , 1+36,236

2.2%

31+2,036

10.1$ 1,618,772

32$

557,810

1+1.1$ 6,521+,1+73

i+.6$
1 1 .1 $ 10.5$
7 .2 $

672,1+69
2, ll!+ ,913 l,67l+, 517
839,595

9 .1 $ 2 .2 $ 10.3$ 3*5#
1+1. 3$
l+-3$ 13*6$ lb . 6$
5. 3^

T otal

fll+ , 203,91+0 100. 0$ $15, 208,562 100. 0$ $15, 1+25, 1+96

115,780,821

.i-000
11,
.OOM O

I n th e fo llo w in g summary, th e e x p e n d itu re s fo r th e v a rio u s c la s s e s of u n its fo r th e
p a s t t h r e e y e a r s a re com pared w i t h th e e x p e n d itu r e s f o r 19i+0--I4I#

191+0--1+1

191+8-1+9

I 9UQ-5O

1950-51

S enio r C olleges $2,909,627

M edical C ollege

167, 1+08

Ju n io r C olleges

350,800

Negro C olleges

283,371+

A g ric . E x t. & Agr

E xper. S ta tio n s 1,217,897

G eneral A ctivities

70,150

58.2$ $10,035,898

3 3$ 7 .0 $

651,690 706,562

3*7% 1 ,0 7 9 ,1 7 2

66. 0$ 1> 10,128,257

l+.3$
l+.6$

675,276
70l+, 109

71$ 1,090,551

65. 7$ $ 1 0 ,2 1 3 ,6 5 9

!+.!+$

788,371+

l+5$

712,51+0

7*1% 1 ,1 5 9 ,8 9 5

2l+.l+$ 2, 51+5, 51+U 1 6 .7 $

1. 1$

189,696 1.3*

2,682,699 17.1$
ll+l+,60l+ 0.9%

2 ,8 0 9 ,8 5 1 96,501

6b* 7% 5 .0 $ 1+ 5% 7*b%
17. 8$ 0. 6$

T otal

$l+,999,256 100. 0$ 4*15, 208,562 100. 0$ $15, 1+25, 1+96 100. 0$ #15, 780,821 100. 0$

F in a n c ia l C o n d itio n - The U n iv e rsity System ended th e f i s c a l year w ith an Educa
t i o n a l and 'G en eral' S u rp lu s" o f #1,1+25,1+25. T h is i s s l i g h t l y l e s s th a n th e s u r p lu s o f
$1 l+5l+,l+70 a t J u n e 30, 1950. I t w i l l be n o te d from th e above incom e and e x p e n d itu r e
sum m aries t h a t incom e r e c e i p t s ex c e e d ed e x p e n d itu r e s i n t h e amount o f $6147*321 h o w ev er, th e above s ta te m e n ts a re p re p a re d on a ca sh r e c e ip t and d isb u rse m e n t b a s i s . he s ta te m e n t
of su rp lu s w hich w ill be found la t e r in th is re p o rt i s p rep ared on an a c c ru a l b a s is .
T h is s ta te m e n t shows t h a t incom e i n e x c e s s o f e x p e n d itu r e s f o r th e y e a r was $2l+l+,770 a f t e r ta k in g in to c o n sid e ra tio n th e accounts re c e iv a b le , unearned incom e, and o b lig a tio n s payable
a t t h e end o f th e y e a r . C u rin g t h e y e a r $179*303 o f E d u c a tio n a l and G e n e ra l unds w ere
tra n s fe rre d to Unexpended P la n t Funds. O ther su rp lu s adjustm ents and red u ctio n s d uring
th e y e a r r e s u l t e d i n a n e t d e c r e a s e i n th e s u r p lu s a c c o u n t o f $29,01+5 Th R e s t r i c t e d Fund
B alan o e a t J u n e 3 0 , 1951, am ounted t o $ 3141+,233 as com pared w ith a Fund B a la n c e o f $2142,177 a t th e end o f th e p r e v io u s f i s c a l y e a r .

- 6-

The f o llo w in g summary o f th e E d u ca tio n a l and G eneral s e c t io n o f th e B alance S h eet i s g iv e n t o compare th e a s s e t s and l i a b i l i t i e s as o f June 3 0 , 1951 w ith th o se o f the previous f is c a l year.

A ssets

June 30, I95Q June 30, 1951

Cash on Hand and in Banks Investm ents (Temporary) Accounts R eceivable Other A ssets
Total A ssets

*1,395,21*0 275,000 903,188 31,195
$2, 60l+, 623

$ 1 ,318.7U1 376,198 713,581*. 22,337
$2, 1*30,860

L i a b i l i t i e s and Su rplus

Accounts Payable Purchase Orders O utstanding Unearned Income Other Reserves R e s t r ic t e d *'und B a la n ces Surplus

$ 30,18$ 90,361 302,1*81*
1*81*, 91*6
21*2,177 l,l*5l*, 1*70

$ 77,756 123,187 332,158 128,101
3l*U,233 1,1*25,1*25

T o ta l L i a b i l i t i e s and S u rp lu s

$2,60i*,623 $2,1*30,860

Of th e A ccounts A ooeivab le a t June 3 0 , 1951, $1+65,927 was due from th e V eteran s A d m in istra tio n fo r f e e s o f v e te r a n s tu d e n ts , $65,1+60 was due from oth er governm ental a g e n c ie s , and $ 1 6 7 ,5 2 0 was due th e G eorgia I n s t i t u t e o f T echnology on r e se a r c h c o n t r a c t s . The in v e stm e n ts l i s t e d above c o n s is t o f amounts in v e s te d in s h o r t term U n ited S t a t e s
O bligations.

AUXILIARY ENTERPRISES

Income - Income re a liz e d d u rin g 1950-51 from th e o p e ra tio n o f A u x ilia ry E n te r p r i s e s am ounted t o $ 5 ,2 7 2 ,6 6 2 as com pared w ith income o f $ 5 ,8 9 7 ,3 2 0 f o r 191+9-50. T h is r e p re s e n ts a d e c lin e in income of 1 0 .6$. The v a rio u s so u rces o f income f o r th e p s t fo u r y e a rs are compared in th e fo llo w in g summary.

Source

191*7-1+8

I 9I+8-I+9

I 9I+9- 5O

I 95O-5I

D orm itories D ining H all B o o k sto re 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, 14+8,870

$ 91+3,602
2, 505,011
1,381+, 1*99 209,961 14+3,523
$5,1*86,596

$ 1 ,0 3 7 ,3 6 2 2 ,3 5 9 ,0 6 3 1,922,701* 230,511+ 31+7,677
15,897,320

$ 928,952 2 ,1 7 6 ,8 6 7 1 ,5 9 8 ,0 6 8 216,21*9 352,526
$5, 272,662

E x p e n d itu r e 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 I 95O-5I am ounted t o $1+,723, 1L6 , as oom pared w ith e x p e n d itu r e s f o r iyl*y-i?u o r n + ,825,u u o . I n i s r e p r e s e n t s a
decrease in ex p en d itu res o f 2 .1 $ . O u tlin ed below is a com parison of A u x ilia ry E n te rp rise
Expenditures fo r th e la s t four y e a rs.

Source

I 9I+7-I+8

191+8-1*9

191*9-50

I 95O-5I

D orm itories D ining H alls B ookstores Apartm ents O ther
T otal

$ 777,81+5
2, 1*06, 961* l , 60l*, 170
76, 801*
445.533
$ 5 ,3 1 1 ,3 1 6

$ 831,071 2, 1*16,138 1, 398,160
116,115 369,700
$ 5 ,1 3 1 ,1 8 4

$ 71+2,860 2, 19l+,610 1 , 1*86,768
92, 11+8
308,620
$1*, 825,006

$ 819,512 2,119,227
1 , 292, 1*50
171,285
320,672
$1+ ,723,11+6

7-

F in a n c ia l C o n d itio n - The o p e ra tio n s of th e a u x ilia r y E n te rp ris e s were n o t as
fa v o ra b le as d u rin g th e preced in g y e a r. C onsidered on an a c c ru a l b a s is as r e f le c te d in
th e sta te m e n t of su 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 exceeded
e x p e n d itu r e s by $561, 888. I n s p i t e o f t h i s g a i n , a f t e r d e d u c tin g $809,1428 t r a n s f e r r e d
to P la n t ^unds fo r p la n t a d d itio n s and d e b t se rv ic e and o th e r a d ju stm e n ts, th e A u x ilia ry
E n t e r p r i s e S u rp lu s o f * 1 ,1 7 0 ,5 2 2 a t Ju n e 30, 1950 was re d u c e d t o * 7 8 0 ,5 0 3 a t Ju n e 30, 1951.

The fo llo w in g i s a summary o f th e A u x ilia ry S e c tio n of th e B alance S h e e t as o f June 30, 1951, as compared w ith th e prev io u s y e a r.

A ssets

J une 30, I 95O Ju n e 30, I 95I

Cash on Hand and in Banks Investm ents (Temporary) A ccounts R eceivable S tores
T o tal A ssets
L ia b ilitie s and S urplus
A ccounts Payable Purchase Orders O utstanding U nearned Income Reserve fo r S to res O ther R eserves 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
OTHER NON-EDUCATIONAL

$1, 070,186 100,090
207,575 565,197
$1,71+5,0148

$ 772,501+
100,000
lOi+,917 1+95,698
$1,1+73,119

$ 45,258
22,020
52,763 565,197
89,288
1 ,1 7 0 ,5 2 2
$1,7145,0148

$ 85, 621+
5,218
50, 011+
1+95,698
56,062
780,503
$1,1+75,119

Income - D u rin g th e y e a r ended Ju n e 3 0 , 1951, th e U n iv e r s ity System re c e iv e d income
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 in th e am ount o f * 1714, 706. Of t h i s amount $102 ,9 7 5
was a llo te d by th e Board o f R e g e n ts, $75,000 f o r s c h o la rs h ip s to Negro s tu d e n ts a tte n d in g
in s titu tio n s o th e r th a n u n its of th e U n iv e rsity System , and $27,975 fo r th e R egional
C o u n cil f o r M u o a tio n . L is te d below a re th e so u rc e s from w hich t h i s income was r e c e iv e d .

Endowment G ifts and G rants S ta te of G eorgia

$ 5,261 66,470
102,975

T otal

$1714,706

E x p e n d itu re s - D u rin g th e y e a r ended Ju n e 30, 1951, $ 1 6 8 ,2 2 6 was expended f o r
O ther N on-E duoational A c t i v i t i e s . T his amount was composed o f th e fo llo w in g ite m s .

Fellow ships S c h o la rsh ip s O ther

$ 8,892 150,137 29,197

T otal

$168,226

I n c lu d e d u n d er " S c h o la r s h ip s " above i s $88,1450 expended f o r s c h o l a r s h i p s f o r
Negro s tu d e n ts . In clu d ed under "O ther" is an amount of *28,750 paid th e R eg io n al c o u n c il
fo r E ducation as the c o st of G eorgia's p a rtic ip a tio n in the Southern R egional E ducation Program .

- 8-

v* V
$I
$*
* * it
I
*
^3
,d * H
y4 /* H*
< 5) \M *

~p*l

r^
p* iA V
M1 11 f :H
*

AGENCY FUNDS

The U n iv e rs ity System h e ld Agency Funds a t June 30, 1951 h a v in g a t o t a l fund balance o f $655*508 T his was composed of funds re c e iv e d and h e ld by th e v a rio u s u n its as c u sto d ia n s, and c o n siste d m ostly of unexpended stu d e n t a c tiv ity f e e s , funds of 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 stu d e n ts f o r sa fe k e e p in g .

ENDOWMENT FUNDS

The U n iv e rs ity System h e ld Endowment Fund A sse ts a t June 30, 1951 in th e amount of $3,252,31+9. T h is amount c o n s is te d of c a s h , $38 ,7 9 0 , and in v e stm e n ts t o t a l i n g $3,213,559* L iste d below i s a summary of 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 and Oonmon S to c k Real E state R eal E s ta te M ortgages U n iv e rsity System B u ild in g s O ther Investm ents

$1,675500 155,850 3^4-, 159 127,529 30,057
1 ,1 8 0 ,1 6 1 10,303

T otal

$3,213,559

Of th e above a s s e t s , $21,112 was due to o th e r fu n d s , $35,901 was re s e rv e d f o r th e
purpose of th e t r u s t , and $3,195,338 re p re se n te d fund b a la n c e s. T his re p re s e n ts an in c re a se
o f $300,176 i n fu n d b a la n c e s as com pared w ith th e fu n d b a la n c e a t **une 30, 1950.

S tu d en t Loan Funds

The U n iv e rs ity System h e ld S tu d e n t Loan Fund A sse ts a t June 3 0 , 1951 i& th e amount of $ l,l6 l,5 ll+ . T his amount was composed o f c a sh , $lll+ ,370; s tu d e n t n o te r e c e iv a b le , $198,81+1; due from o th e r f u n d s , $21,775; and in v e s tm e n ts , $ 8 2 6 ,5 2 8 . The investm ents were composed of th e fo llo w in g itm e s.

U. S . S e c u ritie s O ther Bonds R eal E sta te M ortgages U n iv e rsity System B u ild in g s O ther Investm ents

$366,981+ 3 ,9 0 0 76,119
30l+,287 15,238

T otal

$826,528

The fu n d b a la n c e s a t Ju n e 30, 1951 w ere $ l , l 6 l , 5 l l + , w hich r e p r e s e n t s an in c r e a s e o f #60,21+2 ov er th e fu n d b a la n c e a t Ju n e 30, 1950.

PLANT FUNDS

UNEXPENDED PLANT FUNDS

D uring th e y ear ended June 30, 1950, th e U n iv e rs ity System re c e iv e d income in th e amount o f $1,301,508 f o r p la n t p u rp o se s. The so u rc e s of t h i s income were as follow s*

S ta te of G eorgia O ther Governmental G ifts and G rants O ther

$ 5^3,937 159,9146 550,901+
146,721

T otal

$1, 301,508

-9 -

I n a d d itio n t o th e income re fe rre d to above, E d u c a tio n a l and G eneral funds in
th e am ount o f $179*303* and A u x i l i a r y E n t e r p r i s e fu n d s i n th e amount o f $809,1428 w ere
tra n s fe rre d to Unexpended P la n t ^unds fo r p la n t purposes*

D u rin g t h e y e a r 1950-51* P l a n t Eund e x p e n d itu r e s am ounted t o ?,l4l+2, l 40. T h is
amount was expended f o r th e fo llo w in g purposes*

P lan t A dditions Land B uildings & A dditions to B uildings Improvements O ther th an B u ild in g s E quipm ent
Indebtedness R etired I n t e r e s t on In d e b te d n e s s B uilding A uth o rity R entals O ther

\ 166,790 1,216,11+5
95,14.91+ 236,963

$1*715,392
190,103
91,8148 352,530
92,267

T otal

$2,l4l42,ll40

Unexpended P J a n t Funds had a s s e t s a t dune 30, 1951* t o t a l i n g $1,1442,717* T his
am ount was composed o f c a s h , $853*1+86j te m p o ra ry in v e s tm e n ts , $555*288; and due from o th e r fu n d s $3391+3* Of t h e s e a s s e t s $215*237 was r e s e r v e d f o r th e s i n k i n g fu n d a s r e q u ir e d u n d er t h e te rm s o f a t r u s t in d e n t u r e f o r th e r e t i r e m e n t o f Revenue Bonds is s u e d b y t h e EQa rd o f R egents f o r th e b e n e f it o f th e G eorgia i n s t i t u t e o f T echnology; and, $1,227,1+80 re p re s e n te d unexpended fund Balances*

INVESTED IN PLANT

The U n i v e r s i t y S ystem had an in v e s tm e n t i n P h y s ic a l P l a n t A s s e ts a t Ju n e 30, 1951,
i n th e amount o f $149,210,1435 T h is r e p r e s e n t s an in c r e a s e o f $2,1479,635 o v er th e in v e s tm e n t a t Ju n e 3 0 , 1950* The in v e stm e n t in p la n t i s summarized as fo llo w s :

Land B uildings Improvements O ther th a n B u ild in g s E quipm ent

$ 3,151+,1+Ul 29,620,609
3 ,1 0 1 ,9 5 3 13,333,432

T otal

$49,210,435

D uring 1950-51, $92,000 of S e rie s "A", G eorgia I n s titu te of Technology Revenue
Bonds were r e t i r e d , le a v in g a b alan ce of $2,693,000 o u tsta n d in g a t June 30, 1951? $492,000
a t 2 - l / 2 %t $ 1 ,7 0 9 ,0 0 0 a t 2 - l / l $ , and $1492,000 a t 2%, w ith m a t u r i t y d a t e s t o May 1 , 1978*

I n a d d i t i o n t o t h e bonded in d e b te d n e s s r e f e r r e d t o a b o v e , a t Ju n e 3 0 , 1951, *> t o t a l o f $1,1+84,448 was due t o Endowment and S tu d e n t Loan Funds f o r amounts in v e s te d in revenue producing p ro je c ts a t v ario u s u n its of th e U n iv e rsity System . T his amount is being am ortized over a perio d of years from the n et revenues of th e p ro je c ts financed by th e se lo a n s . T his 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 of G eorgia G eorgia I n s titu te of 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 o rt V alley S ta te C ollege Savannah S ta te C ollege

$ 980,997 281,229
3 6 ,1 9 9 147,851
11,698
2 6 ,4 7 4

T otal

- 10-

v
*

W >k
r4

W ith a t o t a l in v e s tm e n t i n p l a n t o f ^ 9, 210, 1435; a g a i n s t w hich bonds w ere o u ts ta n d in g i n th e am ount o f $ 2 ,6 9 3 ,0 0 0 ; and # l,l|B l* ,l4l|S was due t o Endowment and S tu d e n t
Loan Funds; th e U n iv e rs ity System had a n e t in v estm en t in p la n t of $145,032,987 a t June 30, 1951*
GENERAL
On t h e f o llo w in g p a g e s o f t h i s r e p o r t w i l l be found v a r io u s c o n s o lid a te d s t a t e ments r e la tin g to th e y e a r 's o p e ra tio n s , sta te m e n t of 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 of th e U n iv e rsity System a t une 30, 1951. In addition to the consolidated statem ents, d e ta ile d fin a n c ia l rep o rts re la tin g to the o p e ra tio n of th e in d iv id u a l u n its o f th e U n iv e r s ity System may be found in t h i s re p o rt

AN AV #,4i^ -%4JP
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- 11-

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30, 1951

ASSETS

I . CURRENT FUNDS A. GENERAL Cash on Hand and in Banks Investm ents (Temporary) Accounts R eceivable Due from O th er Funds Advance to B u ilding A u th o rity TOTAL GENERAL FUNDS

996, 656.!]+
3 7 5 ,1 9 7 .8 8
6 9 2 ,1 0 5 .7 2 7 ,3 3 6 .8 6
15, 000.00

B. RESTRICTED C ash on Hand and in Banks Accounts R eceivable Investm ents (Temporary) TOTAL RESTRICTED FUNDS

322, 081+. 69 21, 11+8.19
1 ,0 0 0 .0 0

C. AUXILIARY Cash on Hand and in Banks Investm ents (Temporary) A ccounts R eceivable S tores (in v en to ries) TOTAL AUXILIARY FUNDS

7 7 2 ,5 0 3 .7 6 100, 000.00
10l+,917. 18
1*95,698.15

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash on Hand and in Banks N otes R eceivable Investm ents (Temporary)

TOTAL AGENCY FUNDS

III.

ENDOWMENT FUNDS Cash on Hand and in Banks Investm ents: U. jS . S e c u r i t i e s O ther Bonds P r e f e r r e d and Common S to c k Real E state R eal E sta te M ortgages U n iv e rsity System B u ild in g s O ther Investm ents TOTAL INVESTMENTS

* 1, 675, 500.00
1 5 5 ,8 5 0 .0 0
3i*, 1 5 9 .1 2
127,529.1+1 3 0 ,0 5 7 .3 5
1, 180, 161.10 10, 302. 1*1+

TOTAL ENDOWMENT FUNDS

IV . STUDENT LOAN FUNDS C ash on Hand and in Banks S tu d en t Notes R eceivable Due from O th er Funds

2,086,626.60 3lil+,232.88

1,1+73,119.09 $ 3,903,978.57

6 5 1 ,0 1 2 .5 0 3,071.1+7 l,l+2l+.5Q
t

655,508.1+7

3 8 ,7 8 9 .8 5

3,213,559.1*2
$ 3,252,31*9.27
lH + ,370.36
198,81+0.80 21,771*. 95

P* i>t . m$12

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IV . STUDENT LOAN FUNDS ( C o n t'd ) Investm ents: U. S . S e c u r itie s O ther Bonds R eal E s ta te M ortgages U n iv e rsity System B u ild in g s O ther Investm ents TOTAL INVESTMENTS
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Cash on Hand and in Banks Investm ents (Temporary) Due from O th e r Funds TOTAL UNEXPENDED FUNDS
B. INVESTED IN PLANT Land B uildings Improvements o th e r th a n B u ild in g s E quipm ent TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL ASSETS

366, 981+. 00
6 3 ,9 0 0 .0 0
7 6 ,1 1 8 .7 0
301+, 286.65
13,238.27

$ ___ 8 2 6 ,5 2 7 .6 2

1,161,513*73

8 5 3 ,^ 8 6 .2 2 5 5 5 ,2 8 8 .2 6
33,91+2.71

$ 1,14+2,717.19

I 315l+, 1+1+1 22 2 9 ,6 2 0 ,6 0 9 .2 5
3 ,1 0 1 ,9 5 2 .8 7
13,533,1+31*1+7

t o , 210,1+31+. 8i

, 653, 152.00

$59, 626, 502. 01+

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-1 5 -

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED B; June 3, 1951
LIABILITIES, STJRI , AND FUND BALANCES

I . CURRENT FUNDS A . GENERAL A ocounts Payable R eserve fo r Purchase O rders Out
sta n d in g R eserve f o r U nearned Income
O ther R eserves U nappropriated Surplus
TOTAL GENERAL FUNDS

I 77, 755.68

123, 186.68 332, 157.71
128,101.21
1,1425,1+25.32

$ 2,086,626.60

B. RESTRICTED Fund B alances TOTAL RESTRICTED FUNDS

# 3l+l+,232.88 t 3IO+, 232.88

C . AUXILIARY A ccounts Payable Due to O th e r Funds R eserve fo r Purchase O rders Out sta n d in g R eserve fo r Unearned Income Reserve fo r S tores O ther R eserves U napprooriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 85,621+. 1+3 1+5,91+2.71

5 ,2 1 8 .2 1
5 0 ,0 li+ .2 5 1+95,698.15
10,118.52 7 8 0 ,5 0 2 .8 2

$ 1,1473,119.09

I 3,903,978.57

I I . AGENCY FUNDS Fund B alances
TOTAL AGENCY FUNDS

$ 655,508.1+7 $ 655,508.i+7

I I I . ENDOWMENT FUNDS Due t o O th er Funds Reserve fo r Purpose of T ru st Fund B alances
TOTAL ENDOWMENT FUNDS

$ 21,111.81 3 5 ,9 0 1 .5 2
3, 195, 335. 9!+
$ 3,252,31+9.27

IV . STUDENT LOAN FUNDS Fund B alances
TOTAL STUDENT LOAN FUNDS

$ 1,161,513.73 * 1,161,513.73

V . PLANT FUNDS A . UNEXPENDED R eserve fo r S inking Fund
Fund B alances TOTAL UNEXPENDED

I 215,237.141+ 1,227,1+79.75 $ 1,10+2,717.19

14

V* PLANT FUNDS ( C o n t'd ) B . INVESTED IN PLANT

Loans p ayable t o Endowment Funds $ 1 ,1 8 0 ,1 6 1 .1 0

Loans P a y a b le t o S tu d e n t Loan Funds

30 U ,2 8 6 .6 5

Bonds Payable

2 ,6 9 3 000.0 0

Investm ent in P lan t

U50 3 2 ,9 8 ? .0 6

TOTAL INVESTED IN PLANT

$U9 , 2 1 0 , U3h* 81

TOTAL PLANT FUNDS

$ 5 0 ,6 5 3 ,1 5 2 .0 0

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$ 5 9 ,6 2 6 ,5 0 2 . Ok

-15

UNIVERSITY SYSTEM OF GEORGIA SUMMARY OF INCOME AND EXPENDITURES
For Year Ended Juno 30, 1951

INCOME Student Fees Governm ental S ta te of G eorgia O ther G ifts and G rants Endowment S ales and S erv ices D orm itories D ining H a lls B ookstores A partm ents O ther TOTAL INCOME

C urrent funds' E ducational A u x ilia ry O ther Non- P la n t
& G eneral E nterprises E ducational Funds

T otal

$ 6, 020,537

6 ,0 2 0 ,5 3 7

6 ,1 0 9 ,3 2 5 2 ,0 8 2 , JQl\.
1+54,601
55,507 1 ,5 7 4 ,5 9 5
131,273 $16,428,142

102,975 66,471
5,261

543,937 159,946
550,904

928,952

2 ,1 7 6 ,8 6 7
1, 598,068

216,249

352,526

46,721

5, 272, 662' " 174,707 ' 1 , 301, 568"

6 ,7 5 6 ,2 3 7
2, 242,250
1 ,0 7 1 ,9 7 6
60,768
1,574,595 928,952
2, 176,867
1 ,5 9 8 ,0 6 8
216,249 530,520
2 3,177,O l"9

EXPENDITURES A. EDUCATIONAL & GENERAL Admin. & G en eral S tudent W elfare P lan t O perations L ibrary In stru ctio n A c t i v i t i e s R e la te d t o Insfc. R esearch E x te n sio n B. AUXILIARY ENTERPRISES D orm itories D ining H alls B ookstores A partm ents O ther C. OTHER NON-EDUCTIONAL S cholarships Fellow ships O ther D. PLANT FUNDS A dditions to P lan t Indebtedness R etired I n t e r e s t on In d e b te d n e ss B uilding A uthority R entals O ther TOTAL EXPENDITURES

# 1,436,236 342,036
1 ,6 1 8 ,7 7 2 557,810
6 ,5 2 4 ,4 7 3 672,469
2,114,913 2 ,5 1 4 ,1 1 2
819,512 2,119,227 1 ,2 9 2 ,4 5 0
171,285
320,672
$ 15, 780,4 2 1 " 4, 723,146

130,137 8 ,8 9 2
29,197
168,226

1,436,236 342,036
1 ,6 1 8 ,7 7 2 557,810
6 ,5 2 4 ,4 7 3 672,469
2 ,1 1 4 ,9 1 3 2 ,5 1 4 ,1 1 2

819,512
2 ,1 1 9 ,2 2 7 1 ,2 9 2 ,4 5 0
171,285
320,672

130,137
8,892
29,197

1,715,392 1,715,392

190,103

190,103

91,848

91,848

352,530

352,530

92,267

92,267

2,1)42, 12j7 T S 3.U it.355

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UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT SURPLUS
June 30, 1951

EDUCATIONAL AND GENERAL S u rp lu s, J u ly 1, 1950 A d d itio n s: E xcess Income over E x p en d itu res C u rre n t Income R ealized D educt: D ecrease in Accounts R eceivable In c re a s e in Unearned Income C u rre n t Income Earned D educt: C urrent E xpenditures Cash E xpenditures Add: I n c r e a s e i n Accounts Payable C urrent Expenditures D ecrease in Surplus Reserves T ra n sfe r from O ther Runds Surplus J u ly 1, 1950, plus A dditions D eductions: T ra n sfe r to P la n t Runds D ecrease in Regents A llotm ent Account T ra n sfe r to O ther Runds Surplus A djustm ents S u rp lu s , Ju n e 30, 1951

#1 , 5 5 5 , 5 7 0 .3 3

$16, 1+28, 151.89

190,919.90

2 8 ,5 6 i+ .92

219,585*52

$ 16,2087737.57

$15, 780, 821.07
183,066.59
$ 1 5 ,9 6 3 ,8 8 7 .6 6

2l+l+,769.81

376,1+55.33

-5 0 ,6 7 9 .3 7

$2,126,375785

1 7 9 ,3 0 2 .5 9
1+88,061+. 73 9 , 200.00
2i+, 5 8 2 .2 0

700, 9k o . 52 75257525.32

AUXILIARY ENTERPRISES

S u rp lu s, J u ly 1, 1950

A d d itio n s: -Excess Income over E x p en d itu res

C u rre n t Income R e a liz e d

Add: D ecrease in Unearned Income

D educt: D ecrease in Accounts R eceivable

C u rre n t Income Earned

D educt: C u rren t E xpenditures

C ash E x p e n d itu r e s .,/_+,7 2 J ',l5 6 .j

Add: In c re a se in

A ccounts Payable

2l+,ol+2.37

D educt: In crease in

In v e n to rie s

C urrent Expenditures

T ra n sfe r from O ther Runds

S u rplus R-djustments

S u rp lu s, Ju ly 1, 1950, plus ad d itio n s

D eductions:

T ransfer to P lan t unds

Increase in Surplus Reserves

T ran sfer to O ther Funds

S u rp lu s, June 30, 1951

$ 1, 170, 521.61
5 ,2 7 2 , 662.28
2 ..71+9.19 $ 5,275,511.1+7
102,658.20 5,1727753.27

,188.67

,323*5*4 $ 5, 610, 865.13

5 6 1 ,8 8 8 .1 5
7, 000.00

80.13

? 1,7397589/86

809,1+27.65 108,553.36
5 1 ,0 1 6 .0 6

9 5 8 ,9 8 7 .0 6 780,502.82

-1 7 -

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL INCOME
For Y ear Ended June 30, 1951

SENIOR UNITS U n iv e rs ity o f G eorgia - A thens A tlan ta D ivision G eneral E xtension Ga. I n s t i tu t e of T echnology N orth G eorgia C o lleg e G a . S t a t e C o l le g e f o r Women G eorgia T eaohers C o lleg e V ald o sta S ta te C ollege TOTAL SENIOR UNITS
MEDICAL M ed ical C o lleg e o f G eorgia
JUNIOR UNITS G eorgia S o u th w estern C o lleg e W est G eorgia C ollege M iddle G eorgia C o lleg e S o u th G eorgia C ollege Abraham B aldw in A g rio . C o lle g e TOTAL JUNIOR UNITS
NEGRO UNITS A lbany S ta te C ollege F o rt V a lle y S ta te C o lleg e Savannah S ta te C ollege TOTAL NEGRO UNITS
EXPERIMENT & AGRICULTURAL EXTENSION G eorgia E xperim ent S ta tio n Ga. C o a stal P la in Exp. S ta . A g ric u ltu ra l E x ten sio n S erv ice TOTAL EX P. & A G R IC . EXT.
GENERAL C e n tra l O ffice S o il C o n s e rv a tio n C om m ittee TOTAL GENERAL
GRAND TOTAL

Stu d en t Fees

N o n -R e s id e n t Summer

M atricu latio n T u itio n

School

O ther

G ifts G rants & E ndow m ents

O ther Than S tate
A llotm ent

S a le s And S erv ices

O ther

T o tal
In te rn al Incom e

S tate A llotm ent

T o tal

$ 837,21+7.21+ 531,1+76.88 219.371+.87 78,196.39 170,301.65

510,389.20 210,590.73 120,1+98.51+ U.9U7.76'

180,988.88

78,060.92

906,183.71+ 692,527.1+5 253,181+.32 79,735.85 78,3li+.00- 8,566.87 20,521.93 8,776.81

50,577.73 800.00

100,81+5.15 3,566.1+3 14+,97376 16,518.05 2,000.00

87,1+71.72 30.721+.51 51,190.26 10.88U.6l

1+6,378.68 2.021+.37 9,001.00 7,183.85

i , +79,477.24+ 7 i , 7 i+i+.b 2 0 4 , 3 0 4 .0 4 23,679.38

250.U93.36 U27.92U.02 13,317.1+8
17,122.38 791,792.68 53.988.U7 17,359.00 338,963.21 1,233,034+. 18

38,380.79 8,958.90
36.073.56 I7U.3I
7,205.05 3,988.00
317.50 ^,096.11

2,553.395.20 1,4+62,322.50 855.385.13 250,000.00 272,367.28 UU.300.00
2,827,197.71 1,007,000.00 117,153.92 203,000.00 229,096.91 4+11,000.00 201,618.10 180,000.00 6U.905.1+0 120,600.00

U, 015,717.70 1,105,385.13
316,667.28 3 ,83U,197.71
320,153.92 6U0,096.91 381,618.10 185.505.4+0

$ 123,813.95 5,013.58

U50.75 185.62U.01

$ 25,873.1+0 33,276.11+ 22,793.00 29,1+1+6.28 30,0714.. 80
$ li+1,1+63.62

2.221+.53 1.U91.80 5,661.10 3,238.18 U.U02.3U U,932.67 1+.881+.00 2.33U.OO 350.00 6,670.98 1,637.21 5,315.78 5,1+05.02 6,103.26 1,982.OU 22,1+22.71 15,968.61 18,21+1.59_

7,500.00 lU.925.60 81+6.68 338.17U.57 U75.ooo.oo 8 1 3 .1 7 4 i.5 7

1*967.11 U.387.86

30,220.75

1,675.18 1.U96.87 2,160.00 1.U50.39

36,926.01
U9,313.31 32,521.00 U3.070.25 79.62U.12

78.000. 00 lli+,926.01

96.000. 7U.500.00

00 1U5,313.31 107,021.00

94+,000. 00 137,070.25

95.000. 00 17U,62U.12

$ 1+3,81+1.11+ 81,395*51+ 103,986.59
$ 229,223.27

8,313.65 2U.U52.58 2,908.30 6,528.03 35,385.83 8,192.00 71+.693.23 59,116.62 iU,003.92 89,53+4.91 118,955.03 25, ioU. 22

2,286.1+1 2,286.1+1

1+87.00 76,726.8u 18.18U.28 95,398.12

120.00 15,572.80 2,825.89

80,122.67 iUU.550.oo 228,913.3U 193.153.00

22U,672.67 4+22,066.34+

511.01 8,14+3.01+ 278,638.69 16,083.81 11,088.93 " 5 B 7 .6 7 U .7 0

276.033.00 55U.671.69
`6 1 3 , 7 5 6 . 0 5 l , 2 0 i . i + i o . 7 0

1 i

36,009.08 378,820.08 8,700.00 53,808.79 1,255.267.83 98,517.87 l,63i+,087.91

159,779.21 13,578.66 588,187.03 150,000.00 736,187.03

120,551.12 3,858.06 20.30
280,330.33 T7.U57,02

133,109.18 20U.666.65 337,775.83 1,309.096.92 U35.200.00 1 , 7444, 2 9 6 .9 2 .030,393.13 "789.666.65 T : 2^ `2 5 9 .? 8

$
#3,2i+2,319.U5 1,596,44+8.UU 853,668.32 328.100.8C

90,000.00 25,000.00 115,000.00

90,000.00 25,000.00 il5.000.00

510,107.67 2,082,30U.21 1.57U.59U.67 131,273,18 10,318,816.7U 6,109,325.15 16,U28,1U1.89

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UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES
For Year Ended June 30, 1951

SENIOR UNITS U n iv e rsity of G eorgia - Athens A tlanta d iv isio n G eneral E xtension Ga. I n s titu te of Technology N orth G eorgia C ollege Ga S t a t e C o lle g e f o r Women G eorgia Teachers C ollege V aldosta S ta te College TOTAL SENIOR UNITS

A dm inistrative Student And G en eral W elfare

P h y sic a l P lant

L ibrary

A ctiv ities R elated to In stru c tio n In stru c tio n Research

T otal E xtension E xpenditures

* 225, 270.82 100, 522. 51+ 3 7 9 ,8 8 1 .1 1 2 2 1 ,0 1 0 .0 4 1 ,9 0 9 ,3 7 0 .2 1 3 8 3 ,6 7 6 .3 7 1 1 1 , 252.86 18, 663. 81+ 1 1 7 , 223.80 5 4 ,6 0 1 .8 5 6 1 6 ,8 3 5 .4 9

250,217.32

2 5 ,1 5 1 .8 5

1 ,0 5 2 .7 4

130, 665.02 25, 831.01

274. 196.79 104,79553 1+2, 6 2 3 .11 20, 361.93 66,694.21 27,540.78 50,022.71 4,856.38

402,056.46 112,729.29 70,759.46 20,734.67
102, 883.28 29, 510.86
50,J99.31 19,374.10

1 ,6 6 3 ,7 6 2 .7 2
175,794.51 3 8 2 ,9 6 6 .6 4 2 5 1 ,4 4 5 .3 0

8 2 6 ,3 0 9 .7 4 65O.3 7
2,635.31

28,796.97 12,874.94 29,999.92 10,812.02

9 6 ,4 5 9 .5 7

ia+,009.32 2 8 9 ,6 1 5 .9 4 1 , 154, 056.08 468, 772.83 5 ,2 2 7 ,2 9 9 .4 6 4 0 9 ,5 0 7 .3 8 1 ,0 7 9 .8 1 2 .7 4

220,121.19 3,690,069.60

87, 285.70

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

423,477.18 3,807,327.71 3 3 0 ,9 2 4 .0 5
2 3 ,4 4 9 .1 1 635, 680.19
6,252.17 382,149.97 178,943.42
760,585.35 10,213,659.10

MEDICAL M edical C ollege of Georgia

46,375.89

6 2 ,2 1 4 .9 3 1 2 ,6 6 1 .7 9 3 15 , 988.67 200, 051.03 1 4 8 ,9 6 4 .6 6

2, 116.82 788,373.79

JUNIOR UNITS

g

G eorgia Southw estern College

i

West G eorgia C ollege

M iddle G eorgia C ollege

South Georgia C ollege

Abraham Baldw in A g ric . C ollege

TOTAL JUNIOR UNITS

NEGRO UNITS A lbany S ta te C ollege F o rt V alley S ta te College Savannah S ta te College TOTAL NEGRO UNITS

$ 30,039.27 4,540.57 28, 167.8 2 3 ,8 2 3 .4 5

27,783.11 4,284.79 42,450.34 8.071.84

22,899.67

22, 110.05 4 ,8 6 2 .9 0

3 0 ,3 9 8 .1 9 5,184.151 20,645*91 4 .4 3 4 .8 4

24,355.42 4,2 5 9 .5 0

33,313.47 6, 381.36

.1 I 35860.37 1 7 , 808.03 " 146, 302.88 8 ,0 3 5 .7 3 '

48, 211.24 84, 922.10
5 8 ,7 4 9 .3 7 80, 689.63 66, 013.21 34,143.03
338,585.55' ' 34,143.03

$ 44,654.21 5,077.13 5 4 ,7 4 6 .9 5 10, 968.95 80,680.05 18, 566.26
* 1 8 0 ,0 8 1 .2 1 "34", 612 .3 4

37, 100.88 82, 341.10
68,136.29 l 67. 578.27

10, 709.10
9 ,8 5 6 .4 0 16, 636.91 37,202.1+1'

126,738.26
2 0 9 ,0 7 2 .4 7 306,788.17 0 4 2 ,5 9 8 .9 0

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

2 ,0 1 9 .9 9
9 .7 8 4 .9 5 ' n ','8 '0 4 .9 4

114.858.98
1 6 9 ,4 5 5 .5 4 108.621.99 141,353.08
178,250.94 T E 2 .5 i0 .5 3

1,990.09 38,044.62
9 ,0 1 9 .7 2 1,990.09 - ' 47/064.34

224, 279.58
4 2 7 ,3 9 7 .7 8 508, 217.90

EXPERIMENT Sc AGRICULTURAL EXTENSION G eorgia Experim ent S ta tio n Ga. C o a stal P la in Exp. S ta tio n A g ric u ltu ra l E xtension Service TOTAL EXP. & AGRIC. EXT.

$ 50, 474.70 2 2 ,3 4 6 .6 4 9 8 ,6 1 0 .1 1
$ 171,431.45

38,879.64 6,478.15 29,740.62 4,659.13
68,620.26 11,137.28-

609,939.47 274,205.85
1 , 674, 516.91 884,145.32 1,674,516.91

705, 771.96 330, 952.24 1 . 773, 127.02
,8 0 9 ,8 5 1 .2 5

GENERAL C entral O ffice S o il C o n serv atio n Committee TOTAL GENERAL

$ 78,477.98 1 78,477.98

18, 023.19

78,477.98 18,023.19 ~ 5550H 7

GRAND TOTAL

$1,1+36,236.22 31+2,036.31 1,6 1 8 ,7 7 2 .4 2 5 5 7 .8 1 0 .0 4 6 ,5 2 4 ,4 7 2 ,5 8 6 7 2 ,4 6 9 .1 4 2 ,1 1 4 ,9 1 2 .8 1 2 ,5 1 4 .1 1 1 .5 5 1 5 ,7 8 0 ,8 2 1 .0 7

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME
F or Year Ended. Ju n e 30, 1951

D orm itories D ining H alls Bookstore A partm ents O ther

T otal

SENIOR UNITS

U niv. o f G a.-A thens #282,390.61+ J+39,113.98 1+00,010.39

78,017.55 1,199,532.56

A tlan ta D ivision

2 0 5 ,0 1 8 .0 9

1+6,671.03 251,689.12

Ga. I n s t , of T ech.

2 9 5 ,9 6 2 .0 2 *493,87*4*87 6 2 3 ,2 9 9 .7 0 1 7 5 ,3 5 2 .6 6 105,772.5*4 1,69*4,261.79

N orth Ga. C ollege

i+0,273.00 13i+,869.18 5*4,818.62 ll+ ,829.80 3 1 ,7 2 5 .7 6 276,516.36

Ga. S t . C o l. forW om. 8 2 ,5 1 2 .1 8 2 7 1 ,5 5 3 .3 2 2 7 ,9 2 0 .8 1 1 1 ,0 2 0 .0 0 3 9 ,3 3 0 .2 0 1+32,3*45.51

Ga. T eachers C o l.

4+, 796.14-0 l61+,0ll+.l+8 38,1+18.53

1 1 ,3 1 8 .0 1 258,5*47.142

V aldosta S t. C ol.

2 6 ,3 9 6 .0 2 7l+,3*48.70 1 2 ,6 3 5 .5 8

1 1 3 ,3 8 0 .3 0

TOTAL SENIOR

$772, 330.26 1 ,5 7 7 ,7 7 4 .5 3 1 ,3 6 2 ,1 3 0 .7 2 201,202.1+6 3 1 2 ,8 3 5 .0 9 i+, 2 2 6 ,2 7 3 .0 6

MEDICAL M edical C o l. of Ga. I

73,853.03

*+,172.06 7 8 ,0 2 5 .0 9

JUNIOR UNITS

Ga. S o u th w e ste rn CoL $ 1 6 ,2 8 3 .0 1

West Ga. C ollege

21,611+. 23

M iddle Ga. C ollege

2 0 ,2 7 9 .5 0

South Ga. C0H ege

20,238.142

Abraham B ald . A g rio .

C ollege

19,3*42.13

TOTAL JUNIOR

$ 97,757.29

55,*|20.72 7*4,051. *45 *4*4,731.20
69**485.91
8*4, 327.73 326, 017.01

17,252.99 12,55*4.56
21,1+3*+. *49 1 9 ,6 5 3 .2 3

2,7*4*4.92 1*4,695.10
6, 368.12

91,701.61+
122,915.3*4 86,141+5.19
115,7145.68

17,1+13.91 3,861.7*4

12i+, 9*45* 51

88, 309.18 6 ,6 0 6 .6 6 2 1 ,0 6 3 .2 2 51+1,753.3*

NEGRO UNITS A lbany S ta te C ol. F o rt V alley S tate C ollege S av an n ah S t a t e Col. TOTAL NEGRO

$ 17,237.97
2 2 ,9 3 8 .9 5 1 8 ,6 8 7 .8 5 $ 58,061+.77

68, 051.86
118, 01+2.35
81+,9 8 1 .3 3

8,621.11+
1 5 ,0 3 7 .3 5 50,116.5*4 7 3 ,7 7 5 .0 3

*+,621.09 7, 091.80
3,819.15 7,363.39 8,1(1+6/21+ 1*4,*455.19

9 3 ,9 1 0 .9 7
167,731.5*4 l61+,968.26 U26/6`.7 7

GRAND TOTAL

# 9 2 8 ,9 5 2 .3 2 2 ,1 7 6 ,8 6 7 .0 8 1 ,5 9 8 ,0 6 7 .9 6 216,21+9.36 3 5 2 ,5 2 5 .5 6 5 ,2 7 2 ,6 6 2 .2 8

* Wk

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY EXPENDITURES
For Year Ended June 30, 1951

yf JdB T 'f
> >n A.] JB -Vit, 1
0 1a*,
>
1
> '9
1 *! *
if
H
v ,1

D o rm itories D ining H alls Bookstore A partm ents O ther

T otal

SENIOR UNITS

U niv. o f G a .-A th en s !|2U2,306.l4.8 14+7,924.65 3 4 2 ,5 9 5 .2 9

97,059.52 1,129,885.94

A tlanta d iv isio n

119,757.11

7 ,237.40 126,994.51

Ga* I n s t , o f T ech . N orth Ga. C ollege

206,129.26 467,437.92 514,743.16 146,810.60 77,079.80 1,412,200.74
3 5 ,0 3 5 .2 8 1 4 0 ,7 8 5 .3 5 5 1 ,3 0 8 .7 5 8, 521.22 52, 306.89 2 8 7 ,9 5 7 .4 9

Ga. S t . C ol. fo r Worn. 7 6 ,6 5 7 .8 9 2 5 3 ,0 5 0 .9 5

26,468.28 3,236.97 34,038.47 393,452.56

Ga. T each ers C o l.

53,091.1+9 154,2 0 0 .7 7 3 9 ,5 5 8 .9 4

12,952.69 259,803.89

V aldosta S t. C ol. TOTAL SENIOR

3 9 ,6 8 2 .7 3

6 5 ,6 4 9 .6 5

1 3 ,0 7 0 .4 2

1 1 8 ,4 0 2 .8 0

f 652, 903.13 1 ,5 2 9 ,0 4 9 .2 9 1 ,1 0 7 ,5 0 1 .9 5 1 5 8 ,5 6 8 .7 9 2 8 0 ,6 7 4 -7 7 3 ,7 2 8 ,6 9 7 .4 $

MEDICAL M edical C ol. of Ga. $

29,582.81

3,793.20 33,376.01

JUNIOR UNITS

Ga. S outhwe s t e r n Col. 4 15,1+81.28

West Ga. C ollege

28,25l+. 61

M iddle Ga. C o lleg e

2 1 ,2 5 8 .2 2

South Ga. C ollege

1 9 ,3 9 4 .7 4

Abraham B ald . A g ric .

C o lleg e TOTAL JUNIOR

2 0 ,3 7 9 .4 7 |:10l+, 7 6 8 .3 2 '

5 2 ,1 6 1 .0 7 7 1 ,5 7 0 .0 1 14+,7 9 8 .6 3 6 7 ,3 9 3 .0 9
81,01+1.1+8 3 1 6 ,9 6 4 .2 8

1 7 ,6 3 4 .2 4 1 1 ,4 1 4 .1 5 21,521.65 1 6 ,4 1 9 .6 3
1 7 ,1 2 3 .5 6 8U, 3 .2 3

3 ,1 7 0 .3 5

14, 320.96
2.67 4 , 625.6 6

3 ,8 9 7 .9 1

5 4 0 .8 2

7, 068.26 19.490. l r

88,446*94 125,559.73
8 7 ,5 8 1 .1 7 1 0 7 ,8 3 3 .1 2
1 2 2 ,9 8 3 .2 4 532,1+04.20

NEGRO UNITS Albany ^ ta te C ol. F ort V alley S ta te C ollege Savannah <State C ol. TOTAL NEGRO

$ 19,807.68
2 4 ,5 6 1 .7 8 1 7 ,4 7 1 .3 0 $ 61,81+0.76

68,714+. 97
1 1 5 ,8 8 9 .9 3 8 8 ,5 7 8 .1 8
273, 213.08

8 ,8 9 1 .1 2
13,513.59 4 8 ,8 4 7 .5 3
n , 52.24

4 ,4 1 0 .8 4 7, 147.03 1 ,2 3 7 .3 9 9, 566.82 5,61+8.23 16, 713.85

97,443*77
1 6 5 ,5 2 3 .1 7 1 6 5 ,7 0 1 .2 2 2+28,668. l6

GRAND TOTAL

$ 8 1 9 ,5 1 2 .2 1 2 ,1 1 9 ,2 2 6 .6 5 1 ,2 9 2 ,4 5 0 .2 3 1 7 1 ,2 8 5 .2 8 320, 671.93 4, 723, 146.30

*
M j|
*r AI
ki
*

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF OTHER NON-EDUCATIONAL INCOME
For Year Ended June 30, 1951

SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s t i t u t e of 1'echnology 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
GENERAL ACTIVITIES G rad u ate'E d u catio n fo r N egroes R egional C ouncil fo r Education
TOTALS

G ifts & Endowment G ran ts

S tate A llotm ent


11+1.34
5,119.49

1 1 ,1 3 9 .3 1 5 3 ,5 3 1 .3 9
1, 000.00

T otal
1 1 ,1 3 9 .3 1 53,672.73
6 ,1 1 9 .4 9

800.00

800.00

$ 5 ,2 6 0 .8 3

75, 000.00 75, 000.00
27,974.65 27,974.65
66,470.70 102,974.65 174,706.18

STATEMENT OF OTHER NON-EDUCATIONAL EXPENDITURES F o r Ye a r Ended Ju n e 3 0 , 1951

SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s t i t u t e o f tech n o lo g y G a. 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
GENERAL ACTIVITIES
G ra d u a te Education f o r N eg ro es
R egional C ouncil fo r E ducation
TOTALS

Fellow ships S ch o larsh ip s O ther

to ta l

8 ,8 9 1 .7 4

1 3 ,2 1 8 .9 7
22, 526.15
5 ,1 6 1 .3 4

4 9 .7 0 3 9 7 .4 6

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

800.00

. 800.00

8 8 ,4 3 0 .3 2 $8,891.74 130,136.78

8 8 ,4 3 0 .3 2
28, 750.00 28, 750.00
2 9 ,1 9 7 .1 6 168, 225.68

s jjl

.tif i
ft.
1 >9
*V *f >1

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND INCOME
For Year Ended June 30, 1951

SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s t i t u t e o f Technology N orth Ga, C ollege V aldosta S ta te C ollege
JUNIOR UNITS Ga. S outhw estern C ollege M iddle G eorgia C ollege Abraham Baldw in
NEGRO UNITS F o rt V alley S ta te College Savannah S ta te C ollege
EXPERIMENT STATIONS Ga. E xperim ent S ta tio n Ga. C o astal P la in Exp. S ta .
GENERAL Campus D evelopm ent P la n s B uilding A uthority R entals U niversity L ibrary

S tate A llotm ent

G ifts and
G rants

Govern m ental O ther Than
S tate

O ther

# 25, 000.00
3 5 ,0 0 0 .0 0
9, 000.00
7 ,5 5 9 .0 0

50,90l+.l+2 159,91+6.00

310.00
6,1+93.13

7 ,6 3 3 .0 0
3, 500.00 17, 160.00

2 9 ,2 8 7 .8 5
10, 967.00
2, 000.00 20, 000.00
2^ , 300.00
3 5 2 ,5 3 0 .0 0
500, 000.00

5,032.1+5 3 1 ,3 5 6 .0 0
3,529.61+

T otal
25, 310.00
252,31+3.55
9, 000.00 7, 559.00
7, 633.00 3, 500.00 17, 160.00
31+/320.30 1+2, 323.00
2, 000.00 20, 000.00
2l+,300.00 352, 530.00 503, 529. 61+

TOTAL

$51+3,936.85 550,90l+. 142 159,91+6.00 146,721.22 1 , 301, 508. 1+9

VK ro D
*

-2 3 *

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES
For Year Ended June 30, 1951

SENIOR UNITS U niv. o f Ga. - A thens A tlanta D ivision Ga. I n s t , of Technology N orth G eorgia C ollege Ga. S t a t e C o l. far Women Ga. T eachers C olleg e V aldosta S ta te C ollege

Land.

P lan t A dditions B u ild in g s & Improvements
A d d itio n s O ther Than To B u ild in g s B u ild in g s Equipm ent

In d e b tedness R etired

In terest On I n d e b t-
edness

$ 1 0 2 ,3 6 5 .6 7 3 1 ,6 3 1 .0 0
11,369.65

712,915.01 22,989.45 24,610.10 36,635.97 12,554.03

17,666.15

330,738.59 45,077.93 163,616.41 147,119.69 73,039.47

3 9 ,1 5 5 .9 8

877.47 1,112.28

12,185.97 4,000.00 23,849.50 3,618.79 3,786.74

6 ,8 0 0 .0 0

JUNIOR UNITS Ga. S outhw estern C ollege West G eorgia C ollege M iddle G eorgia C ollege South G eorgia C ollege
w Abraham B ald . A g ric . C o l. i NEGRO UNITS
Albany S ta te C ollege F o rt V alley S ta te C ol. Savannah S ta te C ollege

2 ,6 6 0 .0 0 15,763.40

6, 000.00
1,230.86 7,326.14
11,216.30 2,812.40 7,396.47 4,817.40

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

10,313.46 8,471.19

2,725.35 4 ,3 7 7 .5 9 1 ,6 1 9 .9 0

664.34 1 ,1 8 7 .1 6

525.42 829.84

O ther Expendi
tu re s
20,066.67 1 2 ,7 2 3 .8 7
3 ,0 0 0 .0 0
1 8 ,1 3 3 .0 0 3 ,5 0 0 .0 0 3 ,5 7 1 .0 0
7 ,1 6 3 .0 0 1 ,2 9 4 .0 1

EXPERIMENT STATIONS Ga. E xperim ent S ta tio n

i. 3 ,0 0 0 .0 0

1 1 ,6 1 9 .4 4 4 8 ,9 0 6 .4 0

GENERAL Campus Developm ent P la n s B u ild in g A u th o r ity R e n ta ls3

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

T otal
809,704.54 120,031.82 811,289.76
4 1 ,1 4 5 .7 3 7 1 ,5 3 4 .5 2
6 ,8 0 0 .0 0 3 ,0 0 0 .0 0
2 4 ,1 3 3 .0 0 8 ,5 5 7 .0 0 3 ,5 0 0 .0 0
2 2 ,8 2 2 .1 2 2 5 ,8 1 5 .3 7
9,888.35 2 2 ,6 2 4 .7 6 2 2 ,4 2 1 .5 5
1 1 ,6 1 9 .4 4 51,906.40
2 2 ,8 1 5 .5 8 3 5 2 ,5 3 0 .0 0

TOTAL

$166,789.72 1,216,144.63 95,494.49 236,962.77 190,103.42 91,847.78 444,797.13 2,442,139.94

T' v# y\
I
41
ai i T Y 'l All1
- * *^ ft

REGENTS ALLOTMENT ACCOUNT GENERAL A C T I V I T I E S

AND

FINANCIAL REPORT

FOR THE YEAR ENDING JUNE 3 0 , 1951

, \ jt % vS V

/"i ^
41
> 'y
>, ,
* ft

at |

25

REGENTS ALLOTMENT ACCOUNT BALANCE SHEET
J u n e 3 0 , I 95I
ASSETS

GENERAL Cash in Bank Due from U n iv e r s ity System B u ild in g A u th o r ity
TOTAL ASSETS

,7 8 2 8 8 .1 4 6
13, 000.00 I 95. 288.I46

LIABILITIES

GENERAL A p propriations Payable U nappropriated Surplus
TOTAL I I ABILI TIES AND SURPLUS

114,590.00 78, 698. 146
93, 288.146

STATEMENT OF RECEIPTS AND DISBURSEMENTS F o r Y ear Ended Ju n e 39 1951

RECEIPTS S ta te of G eorgia R egular A ppropriation S p ecial A ppropriation S p ecial A ppropriation I n te r e s t on C o n s titu tio n a l Debt TOTAL APPROPRIATION FROM STATE OF GEORGIA
I n te r e s t Earned on Temporary Investm ents Repayment of Advance to Savannah S ta te C ollege T ra n sfe rs from U n its of U n iv e rs ity System
Revenue C o lle c tio n s TOTAL RECEIPTS

# 5, 170, 000.00
1,000,000.00 9 2 ,0 0 0 .0 0 8 ,000.00

# 6, 270, 000.00 6, 171.92 38, 000.00

10, 125, 2147.33
$l6,U 39,l9.2

DISBURSEMENTS

To U n its f o r E d u c a tio n a l and

G eneral O perations

Revenue C o lle c tio n s R egents A llotm ent

#10,125,2147.33
6, 10Q,325.15

To U n its fo r P la n t A d d itio n s

O ther N on-E ducational A c tiv itie s

To U niv. o f Ga. Endowment Fund

U niv. System B u ild in g A u th o rity R en tals

TOTAL DISBURSEMENTS

#16, 2314, 572. 1+8 191, 1+06.85 102, 97l+.65
8 ,000.00
552, 550.00

#16, 889, 1+83.98

Excess of D isbursem ents over R eceipts

# i+50, 061+.73

Cash B alanoe, J u ly 1 , 1959 Cash B a la n c e , Ju n e 39 1951

528, 353.19 # 78, 288.146

>4
>1 1%, vi V
>i

- 26#3

GENERAL ACTIVITIES BIANCE SHEET June 30, 1951
ASSETS
I . CURRENT FUNDS A . GENERAL Cash i n &ank
I I . PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary Investm ents TOTAL UNEXPENDED PLANT FUNDS
TOTAL ASSETS
LIABILITIES
I . CURRENT FUNDS A . GENERAL S urplus: C en tral O ffice S o il C onservation G raduate E ducation TOTAL CURRENT GENERAL FUNDS
I I . PIANT FUNDS A . UNEXPENDED Fund B alance: Developm ent P lans U n iv ersity of G eorgia L ibrary TOTAL UNEXPENDED PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

# 52,813.10

#105,0114.. 06 4 0 0 ,0 0 0 .0 0

#505,014.06 *557,827.16

# 27,893.67 16,106.69 8,812.74

* 52, 813.10

# 1,484.42 503,529.64

*505,014.06 *557,827.16

STATEMENT OF INCOME For Year nded June 30, 1951
I . CURRENT A. EDUCATIONAL AND GENERAL G overnm ental - S ta te o f G eorgia R egents C e n tra l O ffice S o il C o n serv atio n Committee TOTAL EDUCATIONAL AND GENERAL INCOME
B . OTHER NON-EDUCATIONAL Governmental - S ta te of G eorgia G raduate E ducation fo r Negroes R egional C ouncil fo r Education TOTAL OTHER NON-EDUCATIONAL INCOME
TOTAL CURRENT INCOME
I I . PLANT FUNDS G overnm ental - S ta te of G eorgia Campus Developm ent P lan s B uilding A uthority R entals G ifts and G rants I la h Dunlap L ittle s ta te O ther I n te r e s t on Temporary Investm ents
TOTAL PLANT FUND INCOME
TOTAL INCOME

At

90, 000.00

25, 000.00

!TCT/gffCT`ff

*

7 5 ,0 0 0 .0 0
27, 97]+. 65
T027971 & 5

217, 97]+. 65

11

2i+,300. 00 352,530.00 500, 000.00
3,529.6]+ 880,359.6]+ . , 098, 33]+. 29
A>

- 28-

*
iI #A

^ STATEMENT OF EXPENDITURES
* o r Y ear Ended Ju n e 30, 1951

I CUKKENT A . EDUCATIONAL AND GENERAL A d m in istrativ e and G eneral R egents C e n tra l O ffice E xtension S o il C o n serv atio n Committee TOTAL EDUCATIONAL AND GENERAL
B. OTHER NON-EDUCATIONAL G raduate E ducation fo r Negroes R egional C ouncil fo r E ducation TOTAL OTHER NON-EDUCATIONAL
TOTAL CURRENT EXPENDITURES
I I . PLANT FUNDS Campus D evelopm ent P la n s B uilding A uth o rity C entals
TOTAL PLANT EXPENDITURES
NON-EXPENSE: Purchase of Temporary Investm ents

T otal
$ 78,1+77.98 I 18,023.19
$ 96, 501.17
$ 88, 1+30.32
2 8 ,7 3 0 .0 0 $117,180.32 $213,681.1+9
$ 22,815.58 3 5 2 ,5 3 0 .0 0 $375,31+5.58
$li0 0 ,Q 0 0 .0 0

O bject C la ssific a tio n

O perating

P erso n al

S upplies Equip

S e rv ic e s

& Expenses ment

$62,565.37
$11, 668.79 I 7I+, 23I+. 16

i
15, 890.11
6, 351+.1+0
2 2 , 24+.51

22.50 2. 5O

$
$7l+, 23I+. 16

88,1+30.32 2 8 ,7 5 0 .0 0 1 1 7 ,1 8 0 .3 2
139,1+2!+. 83

2 2 .5 0

$ 2 1 ,1 0 7 .2 3 $21,107.23

1 ,7 0 8 .3 5 3 5 2 ,5 3 0 .0 0
3 5 k ,238.35

TOTAL PLANT DISBURSEMENTS

$775,31+5.58

TOTAL EXPENDITURES

$ 5 8 9 ,0 2 7 .0 7 $95,31+1.39 1+93,663.18 22.50

STATEMENT OF CHANGES IN CASH BALANCES
F o r Y ear Ended Ju n e 30, 1951

B alan ce
J u l y 1 , 1950

R eceipts

D isburse-

B alan ce

m ents Ju n e 3 0 , I 95I

Regents C e n tra l O ffice S o il C o n serv atio n Committee Graduate E ducation Regional C ounoil fo r E ducation Campus D evelopm ent P la n s Building A u th o rity R entals Ila h D. L ittle lib r a r y Fund
TOTALS

$16,371.65 9 ,1 2 9 .8 8
22, 21+3.06
775.35
$1*8.519*91+

90, 000.00 25, 000.00 75, 000.00
27,971+. 65
2l+,300.00
3 5 2 ,5 3 0 .0 0 503,529.61+
1,098,331+. 29

78,1+77.98 1 8 ,0 2 3 .1 9 88,1+30.32
28, 750.00 22, 815.58
3 5 2 ,5 3 0 .0 0
1+00, 000.00
9 8 9 ,0 2 7 .0 7

27,893.67 1 6 ,1 0 6 .6 9
8,812.71+
1 , 1*8!+. 1+2
103,529.61+
1 5 7 ,8 2 7 .1 6

29

TH E U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , 1951
The U n iv e r s ity o f G eorgia A thens, Georgia
51-

THE UNIVERSITY OF GEORGIA A thens, Georgia

P r e s i d e n t O* C. A d e rh o ld The U n iv e rsity of G eorgia A thens, G eorgia

Dear P re sid e n t Aderhold*

I am s u b m ittin g h e re w ith my a n n u a l r e p o r t as C o m p tro lle r and T r e a s u r e r o f

The U n iv e r s ity o f G e o rg ia , f o r th e f i s c a l y e a r en d in g June 30 1951 w hich c o n s is ts

the follow ing schedules>

PART I C onsolidated

C o n s o lid a te d B a la n c e S h e e t . ............................ E x h i b i t A

Summary o f C u r r e r t Income ..............................................

E xhibit B

Summary o f E x p e n d i t u r e s ............................................................................................E x h i b i t C

PART I I U n iv e rsity a t Athens

B a la n c e S h e e t ....................................................... ............................................. .... S c h e d u le A

Summary o f Incom e ..................................................................................................... S c h e d u le B

S ta te m e n t o f E d u c a tio n a l and G e n e ra l Income ..................................... S c h e d u le B - l

S ta te m e n t o f G e n e ra l E x te n s io n Incom e ................... . . . . . . . S c h e d u le B -2

S ta te m e n t of A u x ilia r y E n te r p r is e s Income

Schedule B-3

S ta te m e n t o f O th e r N o n -E d u c a tio n a l Income ..........................................S c h e d u le B-I4.

Summary o f E x p e n d itu re s ..................................... ....

Schedule C

S ta te m e n t o f E d u c a tio n a l and G e n e ra l E x p e n d itu re s ........................ S c h e d u le C - l

S ta te m e n t o f G e n e ra l E x te n s io n E x p e n d i t u r e s .......................

Schedule C-2

Statem ent of A u x iliary E n terp rises Expenditures

Schedule C-3

S ta te m e n t o f O th e r N o n -E d u c a tio n a l E x p e n d i t u r e s .............................S c h e d u le C-I4.

Statem ent of O perations of R e stric te d Funds . . .

Schedule D

Statem ent of T ru st Fund B alances

Schedule E

S ta te m e n t o f T r u s t Fund B a la n c e s b y F u n d s .......................................... S c h e d u le E - l

Summary o f T r u s t Fund In v e s tm e n ts ..................................... ....

Schedule E-2

D e t a il o f Endowment, Governmental Bonds Schedule E -2 -1

D e t a i l o f Endowment, Common S to c k S c h e d u le E -2 -2

D e ta il of Loan Fund, G overnm ental Bonds Schedule E -2-3

D e t a i l o f Loan F u n d , Common S to c k

S c h e d u le E - 2-I4.

S ta te m e n t o f E e o e ip ts an(* D is b u rs e m e n ts , T r u s t Funds S c h e d u le E -2 -5

S tatem ent of Changes in Cash Balances Schedule F

S tatem ent of Agency Funds

Sohedule G

S tatem en t o f Unexpended P la n t Funds S chedule fl

Statem ent of Investm ent in P lan t

Sohedule H -l

S tatem ent of Investm ent" in B uildings Schedule H-2

S tatem en t of Improvements O ther Than B u ild in g s Schedule H-3

S ta te m e n t o f In v e stm e n t i n Equipm ent S o h ed u le H-i*

PART I I I A gricu ltu ral Extension Service

B a la n c e S h e e t ..................................... ...................... * ............................... S c h e d u le I

S tatem en t of C u rren t Income Schedule J

S ta te m e n t o f C u r r e n t E xp en ses ..................................... S c h e d u le K

S ta te m e n t o f O p e r a tio n s o f R e s t r i c t e d Funds ...................................... S c h e d u le L

S tatem ent of Agency Funds . . Sohedule M

S tatem ent of Changes in Cash B alances Schedule N

PART IV A tlan ta D ivision

B a la n c e S h e e t ....................................................................................... ...................... S o h e d u le 0

S ta te m e n t o f C u r r e n t Inoam e .............................................................................. S o h e d u le P

S ta te m e n t o f C u r r e n t E x p e n d itu re s .............................................. S c h e d u le Q

Statem ent of Changes in Cash B alances Schedule R

S tatem ent of Agency Funds * Sohedule S

Statem ent of Unexpended P la n t Funds -55

Schedule T

Summary o f In v e s tm e n t i n P la n t S ch ed u le U S ta te m e n t o f I n v e s tm e n t i n P l a n t .......................................... S o h e d u le U -l

PART V G eorgia A g ric u ltu ra l Experim ent S ta tio n

B a la n c e S h e e t ....................... . . . . . . .............................................. . . S o h ed u le V

S ta te m e n t o f C u r r e n t Incom e . ............................................................ S o h ed u le W

S ta te m e n t o f C u r r e n t E x p e n d i t u r e s ................... . .................................... .... S o h e d u le X

S ta te m e n t o f O p e r a tio n s o f R e s t r i c t e d Funds ................................. S c h e d u le Y

S ta te m e n t o f A gency Funds . ....................... S c h e d u le Z

S ta te m e n t o f C hanges i n C ash B a l a n c e s ............................

S c h e d u le AA

S ta te m e n t o f Unexpended P l a n t Funds ................... . . . . . . . . S o h e d u le BB

Summary o f In v e stm e n t in P la n t . S o h ed u le BB-1

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 o h e d u le BB-2

PART VI G eorgia C o astal P la in Experim ent S ta tio n

B a la n c e S h e e t ............................ ..................................................................................S o h ed u le CC

S ta te m e n t o f C u r r e n t Inoome ....................................................................

S c h e d u le DD

S ta te m e n t o f C u r r e n t E x p e n d itu re s ................................................................... S o h e d u le EE

S ta te m e n t o f O p e ra tio n s o f R e s tr ic te d Funds . . S ohedule FF

S ta te m e n t o f C hanges i n C ash B a l a n c e s .......................................................... S o h e d u le GG

S ta te m e n t o f Unexpended P la n t Fluids

S c h e d u le HH

Summary o f I n v e s tm e n t i n P l a n t ............................

S o h e d u le HH-1

S ta te m e n t o f In v e stm e n t in P la n t S ohedule HH-2

R espectfully subm itted,

D ated a t A thens, G eorgia A ugust 31 1951

/ s / J . D. Bolton J . D. BOLTON C om ptroller and T reasu rer

SCOPE

T his re p o rt i s assem bled on a b a s is o f cash r e c e ip ts and d isb u rse m e n ts, w ith th e e x c e p tio n o f th e B alance S h e e t, w hich r e f l e c t s a l l known a s s e ts and l i a b i l i t i e s , including both accounts re c e iv a b le and accounts payable.

The r e p o r t em braces a l l u n its o f th e U n iv e rs ity o f G eo rg ia, in c lu d in g U n iv e rsity of G eorgia, A thens, G eorgia; G eneral E xtension S erv ice, A thens, G eorgia; A tlan ta D ivision of the U n iv ersity of G eorgia, A tla n ta , G eorgia; A g ric u ltu ra l E xtension S e rv ice, A thens, G eorgia; G eorgia A g ric u ltu ra l Experim ent S ta tio n , E xperim ent, G eorgia; and th e G eorgia C oastal P la in Experim ent S ta tio n , T ifto n , G eorgia.

A separate accounting is m aintained fo r each u n it and, th e re fo re , th e re p o rt is arranged in six p a rts , as follow s:

Part I

C onsolidated - A ll U nits

Part II

U n iv e rsity of G eorgia - In clu d in g G eneral E xtension S e rv ic e , A thens, G eorgia

Part III

A g ric u ltu ra l E xtension Service

P a r t IV

A tla n ta D iv isio n o f the U n iv e rsity o f G eorgia

Part V

G eorgia A g ric u ltu ra l Experim ent S ta tio n

P art VI

G eorgia C oastal P la in Experim ent S ta tio n

INCOME

CONSOLIDATED

The fo llo w in g summary g iv e s th e so u rc e o f income and th e p e rc e n ta g e o f e a c h ite m to the to ta l fo r E ducational and G eneral purposes only.

Source
Student Fees S tate A llotm ent Federal A ppropriations O ther P ublic A p p ro p riatio n s Endowment G ifts and G rants S ales and S erv ices O th er
TOTALS

Amount
$ 2 ,7 8 5 ,0 8 8 .8 9 2 ,5 4 6 ,4 8 9 .1 5 1 ,7 6 6 ,8 7 7 .8 3 1 1 7 ,7 0 3 .4 4 2 2 ,6 4 8 . *=0. 2 4 6 ,1 7 L .2 L 7 0 8 ,2 5 4 .3 5 . . .64.796.7L
8 .2 5 8 .0 2 9 .8 ?

Percent
3 3 .7 3 30.84 2 1 .3 9 1 .4 3
.27 2 .9 8 8 .5 8
.7 8 1 0 0 .0 0

EXPENSES

The fo llo w in g is a statem en t of E d u catio n al and G eneral ex p en d itu res by fu n c tio n s and th e p e rcen tag e of each fu n c tio n to th e t o t a l .

F u n c tio n

A dm inistration S tudent W elfare Physical P lant L ibraries In s tru c tio n - R esident R esearch Services R elated to In stru c tio n
E xtension TOTALS

and R esearch

Amount
$ 1+79,300.39 119,186.38 566,777.91 286,7U9.17
2,656,870.72
1,13!+, 362.6k
1+09,507.38 2,035,730.39 $7,655,1+61+7^

Percent
6.23 1.55 7.37 3.73 3U.56 1I4..75 5.33 26.1+8 100.00

THE UNIVERSITY OF GEORGIA, ATHENS, GEORGIA

INCOME

The fo llo w in g ta b le r e f l e c t s th e com parative E d u c a tio n a l and G eneral Income and p e rc e n ta g es o f income t o th e t o t a l fo r a th re e y ear p e rio d .

Source

191+8-1+9 Amount Percent

191+9-50 Amount Percent

1950-51 Amount Percent

Student Fees Endowment F e d e ra l 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 Q ther C ounties G ifts and G rants R en ts O ther V eteran s Guidance
TOTALS

$1,981+, 231 1 6 ,1+00 82,61+1
1,077,000 1 ,11+2
131,093 H+,987 29,095
9i+,355 1,1+51 38,533 3!+, 768
$3,505.9"6-

5 6 .6 0 $1,61+3,565

.1+7

17,700

2.36

8 8 ,01+2

30.72 1,306,799

.03

3,368

2,250

3.71+ .1+3 .83

11+7,171 7,91+1+
28,782
l+,620

2.69 .01+
1.10

1+8,619 2,231+ 2 2 ,1+26

.99

32,377

100. $3,355,897

1+8.97 $1,666,295

.53

22,61+8

2 .6 2

86,953

38.91+ 1,1+62,323

.1 0

5,233

.07

2,895

1+.38

lli+,082

.21+

5,121

.8 6

32,1+06

.11+

3,805

1.1+5

11+7,653

.07

l,7i*5

.67

8,267

.96

28,369

100.0(5 I375B77795"

1+6.1+!+ .63
2 .1+2 1+0.76
15 08 3.18
ll+ .90
.11
1+.12
O5
.23 .79 100. O

-36

EXPENSES

The fo llo w in g ta b le p re s e n ts a com parison of ex D en d itu res fo r E d u c a tio n a l and

tiw

General purposes fo r four y e ars.

f

F u n c tio n

1947-1+8

191+8-1*9

191*9-50

1950-51

fl * A dm inistration

$ 145,329 1 161 ,9 8 9 $ 135,688 $ 161*, 081

G eneral

H+4,377

11*1,618

165, 1+28 160,796

P lant O perations

318,027

367,01*5

310,122

37l+,087

L ib ra ry

180,395

191,255

186,061

220, 1*02

In s tru c tio n (N et)

1 , 675,626 1, 829,010 1 , 852,631 1 ,7 9 7 ,0 6 3

Research (N et)

162,679

237,969

232,900

191,1+78

S ervices R elated to In s tru c tio n (N et)

5,901

13,972

5l+,5ll+

36, 01*8

E xtension (N et) S u b -T o ta l

21+1.857

271+.351+

233,1+76

63,891+

$ 2 ,8 7 4 ,1 9 1 $3, 217,212 $3, 170,820 $3,007,81*9

O utlay TOTALS

988,373

799,950

117,799

61,1+57

$3, 662, 561* " $1*7017,162 $ 3 ,2 8 6 ,6 1 9 $ 3 ,0 6 9 ,3 0 6

The fo llo w in g ta b le i s a com parison o f th e p re c e d in g e x p e n d itu re s , e x p re sse d in percentages to the to ta l.

F u n c tio n

P ercen t
191*7- 1*8

Percent 191+8-1*9

Percent 191+9-50

Percent 1950-51

A dm inistration

G eneral

P lant O perations

L ibrary

In stru ctio n

R esearch

if'

S erv ices R elated to In s tr u c tio n (N et)

E x te n sio n

O utlay

TOTALS

3.76
3.71+
8.23
4 .6 7 1+3.38
1*. 21 .16
6 .2 6
25.59 10.0

1+.03
3 .5 3 9.11+ 1+.76
U5.53
5 .9 2
.3 5
6.83
19.91 100.00

1+.13 5 .0 3
9.1+3 5 .6 6
56.33
7 .0 8
1.66
7 .1 0
3 .5 8 1 0 .0 0

5 .3 5 5.21+
12.19 7 .1 8
5 8 .5 5 6.2+
1.17 2.08 2 .0 0 --------- l'V''

The fo llo w in g ta b le i s a stu d y of I n s t r u c t i o n a l C o st by S ohools and C o lle g e s . T hese f i g u r e s in c lu d e O u tla y and a l l o th e r I n s t r u c t i o n a l C o s t, e x c e p t th e Summer Q u a r te r . The f ig u r e s f o r th e S ch o o l of E d u catio n in c lu d e V o c a tio n a l A g r ic u ltu r a l T eacher ^ r a in in g . V o c a tio n a l Home Econom ics T e a c h e r ^ r a i n i n g , D e m o n stra tio n S c h o o l and P h y s ic a l E d u c a tio n . The c o s t o f th e Dean o f F a c u ltie s O ffic e i s p ro ra te d to a l l sc h o o ls and c o lle g e s .

School or C ollege

191+7-1+8

191+8-1*9

I 9I+9- 5O

1950-51

1. A griculture

2. A rts and S ciences

3 B u s in e s s A d m i n i s t r a t i o n

1*. E d u c a tio n

5* F o r e s t r y
6. G ra d u a te

7* Home Econom ics
8. J o u r n a lis m

9* Law

10. M ilita ry

11. Pharmacy

12. V eterin ary M edicine (N et)

m

TOTALS

$ 222,309
706,150
112,1+67
2ll+, 292
32,759 38,51+7
86, 1*83
27,580
51,106
i+,683 32,978 92,023
$ 1 ,6 2 1 ,3-77

$ 237,890
707,059 135,293
236,773
33,1+25
l+l+,920
86,1*81
29,751
58,228
4 ,7 1 0
1+0,333
120, 1+22
$ 1 ,7 3 5 ,2 8 5

$ 21+8,966 666,765
125,867
235, 801*
37,187 1+7,697
82,768
28,820
61,170
U .527 1+5,870
11+9,305 n,-?3i*,7it6

-3 7 -

$ 236,697 638,587
123,780
251+.103 37,379
1+2,302 76,010
29,225 5 9 ,7 0 2
5 ,3 5 9 1+7,871+
160,500 $ 1, 711,510

m *

The number o f q u a rte r h o u rs ta u g h t by eaoh S c h o o l o r C o lle g e i s shown in th e f o llo w in g t a b le . H o u rs ta u g h t in M i l i t a r y S c ie n c e and th e G rad u ate S c h o o l are shown under th e sc h o o l or o o lle g e in w h ich the stu d e n t is m a jo rin g .

School or C ollege
1. A griculture 2. A rts and Sciences 3* B u s in e s s A d m i n i s t r a t i o n 1+. E d u c tio n 5* F o r e s tr y 6 . Home E conom ics 7* J o u r n a lis m 8 . Law 9* Pharm acy 10. V e te rin a ry M edicine
TOTALS

191+7-1+8
# 29,190 153,1461 1)8,553 17,688 7 ,3 9 0 6,291 10,382
i i i , 931
5 ,9 3 8
3,699 1297,523

19148-1+9
# 30,1485 11+3,388 5 1 .7 5 7 28,007 7,710 5 .8 l|lt 10,709 11,560 7.077 8 ,2 2 2
4301+.759

191+9-50 1950-51

# 26,750
133.597 38,217 32,361
6 ,1 8 8
6,072
7.51)2 9 ,9 7 0
6,302
11,111

# 22, 01+5 110,529 31. 081+ 27,166
1+.151+
5,803 5,720
7,851
5,21+3 11,508
" *'S3,13

The fo llo w in g ta b le i s a com parison of c o s t per s tu d e n t q u a rte r hour by Schools

and C olleges fo r a fo u r year p e rio d .

.

School or C ollege
1. A griculture 2. A rts and S ciences 3* B u s in e s s A d m i n i s t r a t i o n 1+. E d u c a tio n 5* F o r e s t r y 6 . Home Econom ics 7* J o u r n a lis m 8 Law 9* Pharm acy 10. V e te rin a ry M edicine
TOTAL AVERAGE

I 9I+7-I+8
$ 7*62 1+.60
2.32
1 2 .1 2
4.1+3 13.75
2 .6 6
3.1+2 5 .5 5 21+. 88 , 5.1)5

191+8-1+9
# 7.80 1+.93 2 .6 1 8.1+5 1+.31+
11+.80 2 .7 8 5 . ol+ 5 .7 0
H4.65 t 5.69

191+9-50 1950-51

$ 9.31 1+.99 3 .2 9
7 .3 1 6 .0 1
1 3 . 61) 3*82 6.12+ 7 .2 8
13.1|1+ $ 6.2i+

#10.71+ 5*78 3*98
9 .3 5 9 .0 0
13.10
5 .1 1 7 .6 0
9 .1 3 13.95 " F 7.1+1

INCOME AND EXPENSES

AUXILIARY ENTERPRISES

D e ta ils o f income from A u x ilia r y E n te r p r is e s i n amount o f $ 1 ,1 9 9 ,5 3 2 .5 6 a re shown i n S chedule B-5* The D e ta ils o f E xpenses am ounting t o $1,129,885.91+ a re shown i n S ohedule C

The B alance S h eet Schedule A r e f le c ts re se rv e fo r R ep airs and R eplacem ents of #22^,291*98, a f te r s e ttin g up a re se rv e fo r In v e n to rie s .

GENERAL EXTENSION AND CORRESPONDENCE
The fo llo w in g summary i s a com parison o f th e O p e ra tio n s o f G e n e ra l E x te n s io n and
C o rre sp o n d e n c e f o r t h e p a s t f o u r y e a r s . P r i o r t o I 9I+7-I+8 t h i s s e r v i c e was o p e r a te d as a
u n it of th e U n iv e rsity System of G eorgia.

Income Student Fees S tate A llotm ent O th er
TOTAL

191+7-1+8

191+9-1*9

19+9-50

1950-51

Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t

$113,21+9 78.01

31,925 21.99

--

--

$11+5, 171* 100.00

$235,660 1+0,000
568 $ 276,228

85. 3I 11+.1+8
.21 100.00

$213,096 53,700 --
$260,796

79.87
20.13
-- 1 0 0 .0

$272,367
1*1*,300
--$316,667

86.01
I 3.99
--
10.

Expenses A d m in istrativ e Gen. P lan t O perations In stru c tio n Services R elated In s t. E xtension
TOTAL

$ 36.665 22. 5I+
3,233 1.99 1*1,895 25.75
16,518 IO.15
61+.367 3 9 .5 7 $162,678 100.00

$ 23,186 1,196
99,1*1+7 23,811+ 73,1+52
$201,095

10.1+9
. 5I+
1+1+.98
10.77 33.22
100.00

$ 23,926 1,196
112,317 29,709 82,851
$21+9,999

9.57
.1*8
I4I+.93
11.88
33.II+ 10.00

$ 25,152 1,053
130,665 25,831 87,286
$269,987

9. 3I
39 1+8.1+0
9 .5 7
32.33
100.0

D u rin g t h e c u r r e n t y e a r we had t o re fu n d t o th e V e te ra n s A d m in is tr a tio n $ 3 ,2 0 1 .0 2
f e e s c o l l e c t e d d u r in g 191+9-50 and i t i s e n t i r e l y p o s s ib le t h a t o th e r r e f u n d s w i l l be r e q u e s te d .

TRUST FUNDS

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

Co r p u s Endowment Funds Loan Funds M is c e lla n e o u s FUnds T o ta l T ru st Fund Corpus

$2,287,653.^46 1 8 ,6 5 3 .8l+
15,50^.1*1

$ 2 ,9 2 1 ,8 1 1 .6 9

Reserves for Purposes of T rust Endowment Funds Loan Funds T o ta l T ru st Fund R eserves
TOTAL CORPUS AND RESERVES

$ 35,538.65 1 5 5 ,2 0 6 .3 8

$ 190,71*5.03

A summary of th e s e funds i s shown in th e B alance S h e e t S chedule A. S ta te m e n t of T ru s t Fund B a la n c e s i s shown i n S chedule E and a s ta te m e n t o f th e in d iv id u a l fu n d s show ing b a la n c e s i s shown i n S c h e d u le E - l , Sum m aries o f T r u s t FUnd in v e s tm e n ts a r e shown i n S chedules E -2 -1 , E -2 -2 , E -2 -3 , E-2-1+, and E-2-5* S ta te m e n t o f R e c e ip ts and D isbursem ents o f T ru s t Funds i s shown i n S ch ed u le E -2 -6 .

T here i s an u n am o rtized b a la n c e o f $1+25,257*77 due t o T r u s t Funds from th e U n iv e r s i t y on b u ild in g s . T h is b alan ce i s b e in g am ortized over a p e rio d o f 20 y e a rs a t

T here i s a b a la n c e due th e T ru s t Funds o f $ 1 3 ,6 6 5 .3 3 on H. H. H in to n p r o p e r ty on Ja o k so n S t r e e t , p u rc h a s e d b y th e U n i v e r s i t y i n 191+9* T h is p r o p e r ty i s r e n te d f o r $ 7 5 .0 0 p e r month and a p p lie d on t h i s lo a n .

Loans t o t a l i n g $51*8,300.00 bo d a te have b een made from T r u s t Funds t o th e U n iv e r s ity
on C la rk e H ow ell and Mi H e d g e Annex W ings. T h is w i l l be a m o rtiz e d o v er a p e r io d o f 30 y e a r s a t 3$ i n t e r e s t .

Loans from T ru st Funds to o th er u n its of th e U n iv e rsity System being am ortized over a perio d of 20 years a t a re:

N orth G eorgia C o lleg e, Dahlonega, G eorgia Savannah S ta te C o lle g e , Savannah, G eorgia
-39-.

$36,198.62
$26,1+71*.12

There is an unam ortized balance of $85,953.37 due th e T ru st Funds from various f r a t e r n i t i e s , r e p r e s e n tin g lo a n s on t h e i r homes These lo an s a re b e in g a m o rtiz e d over a period of tw enty years a t 4-l/2?6.
AGENCY FUNDS
The U n i v e r s i t y h o ld s ag en cy fu n d s am ounting t o $250, 795. 72. M ost o f t h e s e fu n d s
b e lo n g t o th e v a r i o u s s t u d e n t a c t i v i t i e s , and th e y a re l i s t e d i n S c h e d u le G.

AGRICULTURAL EXTENSION SERVICE
The fo llo w in g i s a summary com parison o f income and p e rc e n ta g e o f income to t o t a l fo r three years.

Source
S ta te o f G eorgia C larke County F ed eral Funds G ifts and G rants O ther
TOTAL
and p e rc e n ta g e s.

1943-49

1949-40

Amount P e rc e n t Amount P e rc e n t

1950-51

$ 1+81,000 4 ,1 2 0
1 ,1 6 5 ,6 2 8

28.23 $ 1+1+4,000

.24

4,320

68.42 1 , 219,618

25.80 $ 4 3 5 ,2 0 0

.25

4 ,3 2 0

70.86 1, 250,947

24.95 .25
71.72

a 1 1*

5 2 ,6 3 8 3.09

53,067 3.08

53,809 3 .0 8

294

.0 2

214

.01

20

iJ

$ 1 ,7 0 3 ,6 8 0 1 0 0 .0 0 $ 1 ,7 2 1 ,2 1 9 1 0 0 .0 0 i l , 71+1+, 296 1 0 0 .0 0

1

>, by o b je c ts o f e x p e n d itu r e , i s p r e s e n te d b elo w in amounts

1

O bject
S a la r ie s and Wages T rav el O perating Supplies & Expenses E quipm ent
TOTAL

1948-49

191+9-50

1950-51

Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t

$1,333,017 284,1+40 52,213
8,657 $1,678,327

79.42
16.95 3 .1 1 .52
:WO. 00

$1,316,827 305,126 118,120 9,868
H ,749,9U 1

75.25
17.1+4
6.75 .56
TOO. 60

$ 1 ,3 2 6 ,9 9 0 340,786 101,146 4,205
* T ,7 ? 3 ,1 2 7

7 U .8 4 19.22
5 .7 0
.2 4 160.00

+H
1fiM
,*J <

V arious c o u n tie s of th e S ta te expended $529*525*58 w hich was d isb u rse d by th e
co u n ties in c o o p eratio n w ith th e A g ric u ltu ra l E xtension S e rv ic e , and of th is amount $273,345.86 was used f o r o f f - s e t a g a in s t F e d e ra l Funds.

The fo llo w in g i s a statem en t by p ro je c ts o f a l l e x p e n d itu re s d isb u rse d by b oth th e A g ric u ltu ra l E x te n sio n S erv io e and th e v a rio u s c o u n tie s . T his sta te m e n t a ls o in d ic a te s th e
amount of F e d e ra l Funds u sed . S ta te and County funds used fo r o f f - s e t , and funds n o t used fo r o f f - s e t, by each p r o je c t.

P roject A dm inistration P ublications County A gents Work (W hite) Home Demon. Work (W h ite) Home Im provem ent N utrition T e x tile s and C lo th in g

F ed eral Funds
1 27,098.88
3 7 ,9 3 4 .3 8 6 6 6 ,5 7 7 .2 2 1 8 1 ,2 6 0 .1 4
3, 715. 31*
7 ,2 2 6 .8 4 2 ,8 7 7 .0 0

O ff-Set Funds
$ 2,831.80
1 4 ,9 2 3 .6 7 272,791.08
278,484.35
2, 117.20
3 ,7 0 6 .5 1
2 ,1 1 4 .9 4

Funds N ot Used As O ff-S e t $ 14,872.81+
9 4 8 .5 4 166,489.07 101,099.21+
151.80
15.17

T otal E x p en d itu re s i4h,803.52
5 3 ,8 0 6 .5 9 1 ,1 0 5 ,8 5 7 .3 7
560,81+3.73
5,981+. 3I+
1 0 ,9 4 8 .5 2
4 ,9 9 1 .9 4

-40-

No.

Pr oj e c t

F ederal Funds

O ffset Funds

Funds Not Used As O f f - S e t

T otal E x p en d itu re s

6d U t i l i z a t i o n
6 C h ild D evelopm ent 6 f Home I n d u s t r i e s 5 Negro County A gents Work 5a N egro Home Demon. Work
6 6-H C lub ^ o r k
7 Economics and M arketing 7a R esearch and M arketing
7c G eo rg ia Eggs
8a B eef C a t t l e and Sheep 8b D a ir y in g 8c P o u ltr y 8e Swine
9 Agronomy
10 H o r t i c u l t u r e 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 r e s t r y
lk S o il C onservation
17 R e c r e a tio n
19 Bee C u ltu re TOTAIS

$ 7,362.96
3,738.91+ 3 ,5 7 1 .0 2
96, 520.03
5 5 ,0 7 3 .2 2
66, 055.60
31,1426.1+0
3,84+.87
5 ,2 0 5 .1 5 3,866.1*2
1 5 ,6 6 2 .5 9
9, 21*0.00 6, 620.00 21, 1+78.26 12, 361*. 66 10, 128.63
61*0.00
1 , 1*78.11
1 ,5 7 5 .0 0
1* ,298.61
5 ,0 9 3 .0 9
# 1 ,2 6 5 ,9 1 1 .1 6

$ 3,677.08 #

I 7.52

2 ,0 8 8 .8 1

31.99

2 ,0 9 9 .9 9

- :----

16, 067.26

1*8.80

10,096.1*7

3O9. I +2

16, 21*9.16

3,718.71+

21,11*7.76

71.96

3 .8 7 7 .2 7

I 6. I 7

5 ,1 7 2 .7 5

---

2 ,8 3 3 .1 6

38.75

i+,162.53 3 ,7 9 3 .9 1
2, 826.58 6, 678.56

7 ,1 2 0 .5 1 1*7.81
12.23
7,785.1+9

3,696.1*5 6,1461.07
---

357.55
6l . l *6
---

7 ,2 3 2 .3 0 ---

3,21+5.00 ---

2,1*11*. 1*9 ---

3.25
I+6.05

#697, 51*5. 15" $ 3 0 6 ,5 0 9 .3 6

ID ----------- (2j

$ 11,037.56
5,859.71+
5, 671.01
110,636.09
65,1+79.11
61*, 023.30 52, 61*6.12
7 ,7 3 8 .3 1 1 0 ,3 7 7 .9 0
6 ,7 3 6 .3 3 26,91*5.63 1 3 ,0 8 1 .7 2
7, 1+58.81
35,91+2.31 16,1*13.66
16, 651.16
61*0.00
11,955.61 1 ,5 7 5 .0 0
6 ,7 1 6 .3 5 5,139.11+ $ 2 ,2 6 9 ,9 6 5 .6 7

(1 ) Of t h i s am ount # 2 7 3 ,3145.86 was d is b u r s e d by th e v a r io u s c o u n t i e s .

(2 ) Of t h i s amount #256,179.72 was d isb u rse d by th e v a rio u s c o u n tie s .

The above sch ed u le does n o t in clu d e o th e r m isc e lla n e o u s funds w hich are a u x ilia r y to the main program .

The fo llo w in g sch ed u le in d ic a te s th e funds to be o f f - s e t and th e manner in w hich they were o f f - s e t.

Funds to be O ff-S et

T otal

To be O ff-S e t Non O ff-S e t

FEDERAL FUNDS Sm ith-L ever and Bankhead-Jones B an k h ead -F lan n ag an Capper-K etoham A dditional C ooperative Farm H ousing R esearch and M arketing No rris-D o x e y Clarke-M oNary TOTAL FEDERAL FUNDS

$ 668,110.80
5 2 3 ,8 2 2 .6 9
3 7 ,8 5 6 .9 5 2 6 ,6 3 2 .7 0
660.OO 9, 050.02 1 , 620.00 1 , 620.00 $1, 269, 151.16

#11*6,617.69 5 2 3 ,8 2 2 .6 9
1 7 ,8 5 6 .9 5 ---------
9, 050.02 1 , 620.00 1 , 620.00
#700,785.15

$521,293.31 --------
20, 000.00
2 6 ,6 3 2 .7 0
660.OO
---
----- ----
$568, 366.01

Funds Used as O ff-S e t

T otal

Used as O ff-S e t Non O ff-S e t

STATE AND COUNTY FUNDS S ta te and O ther Funds County (D isbursed by C o u n ties) TOTAL STATE AND COUNTY FUNDS

$ 676,528.93 5 2 9 ,5 2 5 .5 8
#1 . 001+, 056. 51

#1*27,639.29 2 7 3 ,3 6 5 .8 6
#700,765.15

$ 67,089.66
2 5 6 ,1 7 9 .7 2
$303, 269.36

PART I TEE UNIVERSITY OF GEORGIA
CONSOLIDATED
E xhibit A E xhibit B E xhibit C

-44

I . CURRENT FUNDS A. GENERAL Cash in Banks and on Hand Accounts Receivable Temporary Investm ents TOTAL GENERAL
B. RESTRICTEDCash in Bank Accounts R eceivable TOTAL RESTRICTED
C. AUXILIARY Cash in Bank Inventories Accounts Receivable TOTAL AUXILIARY
D. GENERAL EXTENSION Cash in Bapk Accounts R eceivable TOTAL GEN. EXTENSION
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash i n Bank Notes Receivable
TOTAL AGENCY FUNDS
I I I . ENDOWMENT FUNDS Investm ents
IV . LOAN FUNDS Cash i n Bank Investm ents Due from Endowment
TOTAL LOAN FUNDS
V. PLANT FUNDS Cash i n Bank Value o f P lan t
TOTAL PLANT FUNDS
TOTAL ASSETS

U niversity Athens

CONSOLIDATED BALANCE SHEET

f

June *0, 1451

ASSETS

A tla n ta D ivision

AgricuL tu r a i E x ten sio n S e r v ic e

Geor s ia Experiment
S ta tio n

Coastal Plain S ta tio n

Exhibit A Total

$ 285,981.61 88,032.35
- _-
374.013.96

$ 287,855.05 104,320.74
375.197.88 767.373.67

$ 15,020.62
-- _- _
$ 15.020.62

$ 7,220.31
--
--
$ 7.220.31

$ 8,073.65
-- --
$ 8.073.65

V 604,151.24 192,353.09 375.197.88
$ 1.171.702.21

$ 69,641.34
- __
1 69.641.34

-. --

$ 8,090.35
------- -----
$ 3.090.35

$ 110,215.63 5.908.39
$ 116.124.02

$ 9,330.25 $ --
$ 9,330.25 _ S

197,277.57 5 .9 0 8 .3 9
203.185.96

$ 219,918.35 47,834.54 7.665.06
* 275.417.96

$ 94,090.75 - 28,232.08
39.652.18 161.975.01

-- ---- __ _

-- _- ...

-- -_ - ----

$ 314,009.11 76,066.62
47.317.24 437.392.97

$ 91,842.12 . 48.567.38 140.409.50
$ 859.482.76

-- --
$ 929.348.68

- __ --
$ 23.110.97

_- ---
$ 123.344.33

------- -------
$ 17.403.90

$ 91,842.12 48.567.38
140.409.50
$ 1.952.690.64

1 250,795.72
------- ----
$ 250.795.72

$ 13,839.82 2.046.47
$ 15.886.29

$ 23,781.11
--_
$ 28.781.11

________

$ 293,416.65

--

2.046.47

$ 295.463.12

$ 2 .343.967.04

$ 2.343.967.04

$ 61,328.07

707,261.61

--

--

20.774.95

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

--

$ 789.364.63

-- ---

-- ---

$ 61,328.07 707,261.61 20.774.95
789.364.63

$ 264,952.13 $ 62,968.18 13 .0 6 0 .2 4 2 .0 1 ___ L .1 2 4 .7 5 7 .0 8

$ 83.392.84

$1.187.725.26 _ $ 83,392.84

$17,568,804.29 $2,132,960.23 $135,284.92

$ 6,000.00 1 .0 0 9 .0 9 4 .0 6
$1.015.094.06
$ 1 ,1 3 8 ,4 3 8 .3 9

$ 11,014.38 798.450.50
$809,464.88
$826,868.78

$ 344,934.69 16,075.936.49
$16,420,871.18
$21,802,356.61

Ml

R

** * * * j

g*-

I . CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserves Accounts Payable Surplus TOTAL GENERAL
B. RESTRICTED Fund B alances
C. AUXILIARY Purchase Orders Outstanding Reserves Surplus TOTAL AUXILIARY
D. GENERAL EXTENSION Purchase Orders Outstanding Surplus 'TOTAL EXTENSION
TOTAL CURRENT FUND^
I I . AGENCY FUNDS Fund Balances
I I I . ENDOWMENT FUNDS Fund B alances Due Other Funds Reserves
TOTAL ENDOWMENT FUNDS
IV. LOAN FUNDS Fund B alances Reserves
TOTAL LOAN FUNDS
V. PLANT FUNDS Unexpended Due Other Funds Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES

U niversity Athens

CONSOLIDA. TED BALANCE SHEET June 50, 1951

A tla n ta D ivision

LIABILITIES
A gricultural E x ten sio n Service

Georgia Experiment
S ta tio n

C oastal Plain
S ta tio n

Exhibit A T otal

$ 18,075.50 $ 9,747.54

$ 4,038.20 $ 6,826.77 $ 38,688.01

76,448.71

32,459.25

108,907.96

6 ,6 3 6 .7 5

6 ,6 3 6 .7 5

260.94

547.25

34.62

842.81

272.853.00

724.905.94

15.020.62

2 .6 3 4 .8 6

1.212.26

1.016.626.68

H 374.013.96 $ 767.373.67 $ 15.020.62 $ 7.220.31 $ 8.073.65 $ 1.171.702.21

69.641.34

$

3,291.44

4 7 ,8 3 4 .5 4

224.291.98

i _ 275.417.96

$

5,522.60

134.886.90

$ _ 140.409.50

1_ 859.482.76

$ 9,339.55 28,232.08
124.403.38 $ 161.975.01
-- --
$ 929.348.68

$ 8.090.35
----
--
---
$ 23.110.97

$ 116.124.02
-- - ----
$ 123.344.33

$ 9.330.25
-- mm mm mm
$ 17.403.90

$ 203.185.96

$ 12,630.99 76,066.62
348.695.36 $ 437.392.97

$

5,522.60

134.886.90

$ 140.409.50

$ 1.952.690.94

250.795.72
$ 2.,2 8 7 ,6 5 3 .4 4 20,774.95 35.538.65
I_L .343.967.04
$ 634,158.25 155.206.38
$ 789.364.63

$ 15.886.29
--mm"rnm^-- --

$ 23.781.11
--
___ -- ---

--_ --

$ 295.463.12

--

$ 2,287,653.44

20,774.95

35.538.65

$ 2.343.967.04

--

$ 634,158.25

155.206.38

$ 789.364.65

$ 264,952.13 973,557.77
- I L ,086.684.24
$13.525.194.14
$17,568,804.29

$ 62,968.18 1.124.757.08
$1.187.725.26 $2,132,960.23

8 3 .3 9 2 .8 4 $ 83*392.84 $135,284.92

$ 6,000.00 $ 11,014.38
1.009.094.06 798.450.50
$1.015.094.06 $809.464.88 $1,138,438.39 $826,868.78

$ 344,934.69 973,557.77
15.102.378.72
$16.420.871.18
$21,802,356.61

A. EDUCATIONAL AND GENERAL Student Fees
Public Appropriations S tate - Regular Federal Other TOTAL APPROPRIATIONS
Endowment
G ifts and Grants
S a le s and S erv ices
Other
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY Dormitories Dining H alls Other
TOTAL AUXILIARY
C. OTHER TON EDUCATIONAL G ifts and Grants
TOTAL CURRENT INCOME
D. PLANT FUNDS S tate o f Georgia Sale o f Property Other
TOTAL PLANT FUNDS
TOTAL INCOME
NON INCOME
TOTAL RECEIPTS

CONSOLIDATED STATEMENT OF RECEIPTS For Year Ended June 30, 1951

U niversity Athens
$ 1 ,9 3 8 ,6 6 2 .6 6

A tla n ta D ivision
846.426.23

A gricultural E x ten sio n Service

Georgia Experiment
S ta tio n

C oastal P la in
S ta tio n

E xhibit B
Total $ 2,785,088.89

$1,506,622.50 137,109.92 113.383.44
1 .7 5 7 .1 1 5 .8 6

$ 250,000.00
-- -- _JL 250.000.00

$ 22.648.51

$ 147.653.34

$ 427.924.02

$ 38.380.79

8 .9 5 8 .9 0

$4,332,384.98 $1,105,385.13

$ 282,390.64 439,113.98

- . _ --

478.027.94 _ L 251.689.12

$1,199,532.56

251.689.12

$ 11.139.31 $5,543,056.85

--
$ 1 ,3 5 7 ,0 7 4 .2 5

$ 435,200.00 1,250,947.83
4 .3 2 0 .0 0 $1,690,467.83

$ 53.808.79

$

20.30

$ 1 ,7 4 4 ,2 9 6 .9 2

--- -- --_

___
31.744.296.92

$150,000.00 378,820.08
___
$528,820.08
$ 36.009.08 $159`.779 .21 $ 13.578.66 $738,187.03
_ __ - --...
...
$738,187.03

$204,666.65
-- ...
$204,666.65
$ 8.700.00 $120,551.12 $ 3.858.06 $337,775.83
... ... ...
...
$337,775.83

$ 2,546,489.15 1,766,877.83 117.703.44
$ 4.431.070.42 $ 22.648.31
$ 246.171.21 $ 708.254.35 $ 64.796.71 $ 8.258.029.89
$ 282,390.64 439,113.98 729.717.06
$ 1,451.221.68
$ 11.139.31 $ 9.720.390.88

2 5 ,0 0 0 .0 0 310.00
3 7 .1 5 8 .5 1
$ 62.448.31
$ 5 ,6 0 5 ,5 0 5 .1 6
$ 564.283.71
$ 6 ,1 6 9 ,7 8 8 .8 7

___

$1.357.074.25

$

504.00

$1,357,578.25

-- ----
$1.744.296.92
$1,744,296.92

2, 000.00
$ 2.000.00 $740.187.03 $ 2.500.00 $742,687.03

20,000.00
$ 20.000.00 $357.775.83
$357,775.83

$ 47,000.00 310.00
57.138.31
$ 84.448.31
$ 9.804.839.19
$ 567.287.71
$10,372,126.90

- >,

I. -

**.

ite

---- -

i/A jy a g M

si

liiM H
fr

A. EDUCATIONAL AND GENERAL Adminis tr a tio n Student Welfare Physical Plant Library In str u c tio n Research Services Related E x ten sio n
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY D orm itories Dining H alls Other
TOTAL AUXILIARY
C. OTHER NON EDUCATIONAL Scholarships Awards
TOTAL NON EDUCATIONAL
D. PLANT FUNDS Additions Debts Retired Interest on Debts
TOTAL PLANT
TOTAL EXPENSE
NON EXPENSE
TOTAL DISBURSEMENTS

CONSOLIDATED STATEMENT OF EXPENDITURES For Year Ended June 30, 1951

Exhibit C

U niversity Athens

A tla n ta D ivision

$ 250,422.67 100,522.54 380,933.85 221,010.04
2,040,035.23 250,217.32 409,507.38 307.406.89
$3,960,055.92

$ 111,252.86 18,663.84
117,223.80 54,601.85
616,835.49 -- --
_ $ *918.577.84

A gricultural E x ten sio n Service
1 44,803.52 -------- -- -- -- -------
1.728.323.50
1.773.127.02

Georgia Experiment
S ta tio n
$ 50,474.70 --
38,879.64 6,478.15 --
609,939.47 -- ---
$705.771.96

C oastal P la in
S ta tio n
$ 22,346.64 --
29,740.2 4,659.13 --
274,205.85 -- ---
$330.952.24

Total
$ 479,300.39 119,186.38 566,777.91 286,749.17
2,656,870.72 1,134,362.64
409,507.38 2.035.730.39
$ 7.688.484.98

$ 244,784.79 445,446.34 439.654.81
$ 1 ,1 2 9 .8 8 5 .9 4

-- -- $ 126.994.51
126.994.51

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

-- -- -- -

----------

$ 244,784.79 445,446.34 566.649.32
$ 1.256.880.45

$ 13,218.97 49.70
$ 13.268.67

-- ---

-- - --

-- ---

-- --------

$ 13,218.97 49.70
$ 13.268.67

$ 760,514.54 36,635.97 12.554.03
$ 809.704.54
$5.912.915.07
$ 6.756.98
$5,919,672.05

$ 120,031.82
-- ----------- -
$ 120.031.82 $1.165.604.17 $ 100.197.88 $1,265,802.05

- __
------------
- -- -,
$1.773.127.02
- -i- -
$1,773,127.02

$ 11,619.44
--
___
$ 11.619.44
$717.391.40
$ 1.000.00
$718,391.40

$ 51,906.40
-- -- -----------
$ 51.906.40 $382.858.64
$382,858.64

$ 944,072.20 36,635.97 12.554.03
$ 993.262.20
$ 9.951.896.30
$ 107.954.86
$10,059,851.16

PART I I THE UNIVERSITY OF GEORGIA
A thens, G eorgia
Schedule A - Sohedule H -k

BAIANOE SHEET
Ju n e 3 0 , I 95I

Schedule A

ASSETS

I . CURRENT FUNDS A . GENERAL Cash on Hand and in Bank Accounts R eceivable TOTAL GENERAL FUNDS

4 285,981.61 88, 032.35
$

37J4.O i3.96

B. RESTRICTED Cash in Bank

$ 69,641.34

C . AUXILIARY Cash in Bank in v e n to rie s Accounts R eceivable TOTAL AUXILIARY FUNDS

$ 219,918.36 4 7 ,8 3 4 .5 4
7, 665.06
#

275,417.96

D. GENERAL EXTENSION Cash in Bank A c c o u n ts Re s o lv a b le TOTAL GENERAL EXTENSION
TOTAL CURRENT FUNDS

$ 91,842.12

4 8 ,5 6 7 .3 8

"

$

140,409.50 $

8 5 9 ,4 8 2 .7 6

I I . AGENCY FUNDS Cash in Bank

$ 250,795.72

I I I . ENDOWMENT FUNDS Investm ents t U. S . S e c u ritie s O ther Bonds P r e f e r r e d and Common S to c k R e a l E s t a t e Owned Loans to F ra te rn itie s U n iv ersity of G eorgia B uildings R eal E s ta te Notes

$ 1, 384, 600.00 152, 000.00
15,859.46 3 5 .9 0 0 .0 0
23. 500.00
7 3 1 ,9 4 3 .8 6
_________ I 63.72

TOTAL ENDOWMENT FUNDS

I 2,343,967.04

IV . STUDENT LOAN FUNDS & MISC. FUNDS

Cash in Bank and on Hand

$

U. S. S e c u ritie s

200,380.00

Notes R eceivable - S tu d en ts Common S to c k s

111,237.99 1.00

Loans to F r a te r n itie s Savings Account

6 2 ,4 5 3 .3 7
i 5. 237.27

U niv. of G eorgia B uildings N orth G eorgia C ollege - B u ild in g Loan

241,613.91 36,198.62

H. H. H inton P ro p erty

i 3. 665.33

S av an n ah S t a t e C o lle g e - B u ild in g Loan__ 2 6 ,4 7 4 .1 2

Due from Endowment Funds

TOTAL STUDENT LOAN & MISC . FUNDS

6 1 ,3 2 8 .0 7
707,261.61 2 0 ,7 7 4 .9 5 $

7 8 9 ,3 6 4 .6 3

ASSETS (C o n tin u e d )
V. PLANT FUNDS A . UNEXPENDED Cash in Bank
B EXPENDED Land B uildings Improvements O ther th a n B uildings E quipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

Schedule A
$ 264,952.13
$ 267,925.00
9,552,847.146
4 4 9 ,7 6 4 ,2 0
2, 709, 705.35 $13, 060, 242.01
$ 1 3 ,3 2 5 ,1 9 4 .1 4 $ 1 7 ,5 6 8 ,8 0 4 .2 9

LIABILITIES

I . CURRENT FUNDS A . GENERAL Purchase O rders O utstanding Unearned Income Reserve fo r M ilita ry Leaves Reserve fo r Insurance G eneral Surplus TOTAL GENERAL FUNDS

$ 18,075.50 7 6 ,4 4 8 .7 1
4, 316.00
2,320.75 2 7 2 ,8 3 3 .0 0
$ 374,013.96

B. RESTRICTED Fund B alances

$ 69,641.34

C . AUXILIARY Purchase O rders O utstanding Reserve fo r In v e n to ries R eserve fo r R epairs and R eplacem ents TOTAL AUXILIARY FUNDS

$

3 ,2 9 1 .4 4

4 7 ,8 3 4 .5 4

224,291.98 $ 275,417.96

D. GENERAL EXTENSION Purchase O rders O utstanding S u rp lu s TOTAL GENERAL EXTENSION

$

5 ,522.60

134,886.90

$ 140,409.50

TOTAL CURRENT FUNDS

8 5 9 ,4 8 2 .7 6

I I . AGENCY FUNDS Fund B alances

2 5 0 ,7 9 5 .7 2

I I I . ENDOWMENT FUNDS Fund B alances Due t o o th e r Funds Reserve fo r Purpose of T ru st

$ 2,287,653.44 2 0 ,7 7 4 .9 5 35,538.65

TOTAL ENDOWMENT FUNDS

$ 2,343,967.04

LIABILITIES (C o n tin u ed )

Schedule A

IV . STUDENT LOAN FUNDS & MISC. FUNDS Fund B alances Reserve fo r Purpose of T ru st

6 3 4 ,1 5 8 .2 5 155*206.58

TOTAL STUDENT LOAN FUNDS & MISC. FUNDS

789*36^.63

V. PLANT FUNDS A . UNEXPENDED Fund B alance

264,952.13

B . EXPENDED Due t o O th er Funds Invested in P lan t TOTAL EXPENDED

l 973,557.77
1 2 ,0 8 6 ,6 8 4 .2 4 13, 060, 242.01

TOTAL PLANT FUNDS

1 3 ,3 2 5 ,1 9 k 14

TOTAL LIABILITIES & SURPLUS

1 7 ,5 6 8 ,8 0 k 29

SUMMARY OF INCOME For Year Snded June 30, 1951

Schedule B

Student Fees P ublic A ppropriations
S ta te o f G eorgia F e d e ra l O ther Endowment G ifts and G rants S a le s and S erv ices D orm itories D ining H a ll Cow T e s t Egg T e st P rin tin g Shop S tores Laundry O ther
TOTAL INC CUE NON INCOME
TOTAL RECEIPTS

C urrent Funds E ducational A u x ilia ry O ther NonAnd G en eral E n te r p r is e s E d u c a tio n a l

P lant Funds

T otal

1 , 938, 662.66

1 , 938, 662.66

1, 506, 622.50
1 3 7 ,1 0 9 .9 2 113,383.k+
22,61+8.31 11+7,653.34 l+27,92k 02
3 8 ,3 8 0 .7 9 4,3J2,3BU .9U
13,727.1^2

2 8 2 ,3 9 0 .6 4 4 3 9 ,1 1 3 .9 8
2 1 ,6 1 2 .5 9
10, 615.79
4 1 ,7 5 5 .8 5 4 0 0 ,0 1 0 .3 9
i t . 035.38
1 ,1 9 9 ,5 3 2 .5 6
7, 000.00

1 1 ,1 3 9 .3 1
11, 139.31
3 ,9 4 6 .2 9

25, 000.00 1 , 531, 622.50
137,109.92
113,383.^44
2 2 ,6 4 8 .3 1 158,792.65
310.00 428, 23k 02
2 8 2 ,3 9 0 .6 4 4 3 9 ,1 1 3 .9 8
2 1 ,6 1 2 .5 9
10,615.73 1*1.755.85 4 0 0 ,0 1 0 .3 9
l t . 033.38 37, 138.31 7 5 ,5 1 9 .1 0
62,448.31 5,605,505.16 693.937.95 718,611.66

4, 346, 112.40 1 , 206, 532.56 15, 085.60 7 5 6 ,3 8 6 .2 6 6 ,3 2 4 ,1 1 6 .8 2

-5 2 -

STATEMENT OF CURRENT INCOME F o r Year Ended. Ju n e 30, 1951

Schedule B -l

A. EDUCATIONAL AND GENERAL STUDENT FEES Non R e sid e n t T u itio n M atriculation P ractice School N ursery School A tla n ta A rea Summer N o n -R e s id e n t T u i t i o n Summer M a t r i c u l a t i o n Infirm ary D iplom a E ealth M iscellaneous TOTAL STUDENT FEES

G eneral Income

R estricted Income

T otal

531,476.88
837,247.24 1 ,0 6 0 .0 0
2 ,8 5 9 .5 0 #
7 7 ,0 8 9 .4 5 142,285.42
3 ,6 9 6 .7 0 7 ,3 8 0 .5 0 4 8 ,6 9 1 .4 0
5 ,9 9 5 .7 9 jr & r .l& J S S "

531,476.88

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

8, 512.50

2 ,8 5 9 .5 0
8, 512.50

7 7 ,0 8 9 .4 5

1 4 2 ,2 8 5 .4 2

3 ,6 9 6 .7 0

7 ,3 8 0 .5 0

4 8 ,6 9 1 .4 0

5 ,9 9 5 .7 9 "11Y666;'295'.3B

PUBLIC APPROPRIATIONS

S ta te of G eorgia

Regular O perations

1 , 462, 322.50

V ocational funds

D ept, of H ealth - M ental H ealth

O ther S ta te s

V irg in ia - For A grio. Educa. R elations

L ouisiana - For A g rie. Eduoa. R elations

A rkansas - For A grio. Educa. R elations

U nited S ta te s

M o rrill-N e lso n Fund

D ept, o f'H e a lth - For M alaria

Navy D epartm ent - For R esearch

D ept, of A g ric u ltu re - For Ag. Engr

D e p t, o f A g r i o . - F o r Home Economic B eef

V ocational

C o unties and C itie s

C larks County - D em onstration School

Richmond C ounty - F o r S urveys

H a ll County - For Surveys

Cherokee County - For Surveys

Baldwin County - For Surveys

G a in e sv ille , Ga. - For Surveys

TOTAL PUBLIC APPROPRIATIONS

1 ,4 2,322."5"0

69, 045.53
5 ,2 3 2 .7 9
i,4> o.oo 9 9 5 .0 0
500.00
68, 990.00
4 ,3 3 7 .7 8
5, 120.50
1 1 ,6 2 5 .1 3 2 ,0 0 0 .0 0
4 5 ,0 3 6 .5 1
3 2 ,4 0 5 .5 4 9 8 0 .0 0 875.00
400.00
674.58 875.00 250,493.36

1 ,4 6 2 ,3 2 2 .5 0 6 9 ,0 4 5 .5 3 5 ,2 3 2 .7 9
1 ,4 0 0 .0 0 995.00
500.00
68, 990.00
4 ,3 3 7 .7 8
5, 120.50 11, 625.13
2 ,0 0 0 .0 0 4 5 ,0 3 6 .5 1
3 2 ,4 0 5 .5 4 980.00 875.00
40O.OO
674.58 875.00

ENDOWMENT Alumni L ib ra ry Fund Alumni Y.M.C.A. Fund Denmark, B. A. & T . N. Fund F ran k lin C ollege Fund F ra n k lin , Mary J . Fund G ilm er, George R. Fund L andscrip Fund T e r r e ll, W illiam Fund U n iv ersity of G eorgia Foundation W ashington, Hugh V. TOTAL ENDOWMENT
55-

850.00 200.00
2 ,0 8 5 .0 0
8 ,0 0 0 .0 0 200.00
500.00
7 ,2 4 5 .0 0
700.00 1 , 21*3.33
1 ,6 2 4 .9 8
22,648.31 1

850.00 200.00 2, 085.00 8, 000.00 200.00 500.00
7 ,2 4 5 .o o
700.00
1.21*3.33 1 ,6 2 4 .9 8
2 2 ,6 4 b. 31

Schedule B -l

G eneral Income
GIFTS AND GRANTS FROM PRIVATE SOURCES Amerio a n Cyanamid Company Am erican Potash-Company Anonymous Atomic E nergy Commission Borden Company C arnegie Foundation C h ilean N itr a te E d u c a tio n a l Fund
C e n tr a l Soya Company C orning G lass Works Emory U n iv e rs ity F o rb es Company G eneral Educa. Board - For A g ric. Educa. R elatio n s G eneral Educa. Board - For A rt D epartm ent G eneral Educa. Board - For M athem atical L ib rary G eneral M ills - For N u tritio n G eorgia O airy A sso c ia tio n G eorgia P o u ltry Improvement A sso. I n te r n a tio n a l M in eral and Chem ical C orp.
Jew ish Fund S o u th ern Ic e Cream M fg. S outhern R egional C ouncil - V e terin ary M edicine S ta te C ooperative A ssociation Tennessee C orporation - For Copper Tennessee C orporation - For Pine N u tritio n
T.V.A. - For M eat R esearch V iking Fund - For Geography
TOTAL GIFTS AND GRANTS

R estricted
Income
^ 6OO.OO $ 1 , 200.00
800.00
3 ,7 5 8 .7 1
2, 000.00
5 ,0 7 9 .8 8
6 ,8 7 5 .0 0
5OO.OO 600.00 6, 300.00
5O.OO
8 ,8 7 5 .2 1
6, 925.00 35, 000.00
2, 500.00 750.00 250.00
2, 1*00.00 100.00
1 , 000.00 58, 000.00
147.36 300.00 500.00
2 ,3 9 2 .1 8
750.00
$11*7,653.34 $

T otal
600.00
1 , 200.00
800.00
3. 758. 7I 2, 000.00
5 ,0 7 9 .8 8
6, 875.00 5OO.OO 600.00
6, 300.00 50.00
8, 875.21 6, 925.00 35, 000.00 2, 500.00
750.00 250.00 2, 400.00 100.00 1 , 000.00 58, 000.00 147.36 300.00 500.00
2 ,3 9 2 .1 8
750.00
11*7*855.5U

SALES AND SERVICES A gric. E ducation R elations C ream ery D airy Farm F ie ld Experim ents Food P rocessing H o rtic u ltu re Farm L iv esto ck Farm L iterary Q uarterly Meat C uring P la n t P oultry P lant T.V .A . Meat R esearch U niversity Press V eterinary C lin ics TOTAL SALES AND SERVICES

$ 2 8 ,5 6 2 .4 6 $ 28,562.1*6

$ 115,115.69

115,115.69

35,985.77 3,061*. 81

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

7 ,6 7 7 .7 0

7 ,6 7 7 .7 0

7 ,9 6 1 .6 5 8,652.81

7 ,9 6 1 .6 5
8. 652.81

3 ,7 0 1 .5 9
110,027.13 1 9 ,1 5 7 .9 6 1*7.08

3 ,7 0 1 .5 9
11*3, 027.13
1 9 ,1 5 7 .9 6
4 7 .0 8

26,31*6.95

2 6 ,3 4 6 .9 5

28,622.1*2

28,622.1*2

$ 3 9 9 ,3 6 1 .5 6 " 1 6ft c;6'2' HE F 1i27.Q21l.0 2

OTHER SOURCES A gric. E xtension Service F ire Loss Insurance Ga. S e c u ritie s - F in a l Payment
M iscellaneous
R ents from P ro p erty

1*,000.00 876.85
2,865.02 l*7l*. 62
1,71*5.40

1*,000.00 876.85
2,865.02 474.62
1 ,7 4 5 .4 0

Schedule B -l

G eneral Income

R estricted Inoome

T otal

OTHER SOURCES (C o n tin u e d ) Savannah D ivision - T ransfer V eteran s Guidance TOTAL OTHER SOURCES

$

50.00

2 8 ,3 6 8 .9 0

$ 38,380.79

$

50.00

2 8 ,3 6 8 .9 0

1 38,380.79

TOTAL EDUCATIONAL AND GENERAL INCOME $3.557.81+7.73 $1+57,869.97 $1+,0 1 5 ,7 1 7 .7 0

NON INCOME T ra n sfe r from T ru st Funds T ra n sfe r from S p e c ia l R e st. Funds
TOTAL EDUCA. AND GENERAL RECEIPTS
B. GENERAL EXTENSION STUDENT FEES Co rre s p o n d e n c e Columbus C en ter G a in esv ille Center P art-tim e & S p ecial Servioe A udio-V isual A tla n ta C enter Rome C e n te r Savannah C enter W aycross N egro Columbus C en ter TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of Ga. - R egular O perations
TOTAL GENERAL EXTENSION INCOME
C. AUXILIARY ENTERPRISES DORMITORIES A* A* A* B arrack s Brown Camp W ilk in s C andler H all C larke Howell C oordinate Law D o rm ito ry Lucy Cobb Mary Lyndon MiH edge H a ll Mi H edge Annex P rivate T railers R utherford H all Sm all D orm itories S o u le V eterans Housing P ro je c t TOTAL DORMITORIES

$ 1 2 ,0 3 7 .1+2 $ 12,037.1+2

1 1 , 690.00

1 , 690.00

$ 3 ,5 5 9 ,5 3 7 .7 3 $ > 9 ,9 0 7 .3 9 $1+,029 ,1+1+5.12

Schedule B-2

$ 55, 366.99 52, 292.00 17, 71+0.76 22, 693.93 13, 317. 148
H + ,3 6 3 .5 0
37,141+3.07
28,352.143 2 0 ,6 6 8 .1 2 1 0 ,1 2 9 .0 0
$ 272,367.28

$ 55,366.99 5 2 ,2 9 2 .0 0
17,71+0.76
2 2 ,6 9 3 .9 3 13,317.1+8
H+,3 6 3 .5 0 37,1+1+3.07
28,352.1+3 2 0 ,6 6 8 .1 2
10, 129.00
$ 272,367.26

$ l4l+,300.00
$ 316,667.28
$ 5,186.50 1 9 ,5 6 7 .0 0
22, 861. 21+
6,1487.65 1 0 ,1 1 6 .3 0
8 ,8 2 8 .1 3 31,39i*.i+3
6,1(25.35
9, 501+. 00 13, 329.00 20, 31+2.30 7, 013.50
2,61+6* 05 18,71+0.50
1 ,5 3 7 .5 0
16, 96!+.1+6
81,1+1+6.73 $ 282,390.61+

1 M (, 300.00
$ 316,667.28
Schedule B-3
$ 5,186.50 1 9 ,5 6 7 .0 0 22,861.21+ 6,1+87.65 1 0 ,1 1 6 .3 0 8 ,8 2 8 .1 3
31. 39W 43
6,1+25.35
9, 501+. 00
1 3 ,3 2 9 .0 0
20, 31+2.30
7 ,0 1 3 .5 0 2,61+6.05 18,71+0.50 1 ,5 3 7 .5 0
16, 96!+. 1+6
81,1+1+6.73 ~ 1 282,390.61+

-55-

S ch ed u le B-3

DINING HALLS C afeteria C oordinate Denmark Lucy Cobb Mi H edge Annex T ea Room TOTAL DINING HALLS

G eneral Income

R estricted Income

$ 126,52l+. 16 9 6 ,8 1 0 .5 0 9 5 ,1 7 8 .0 6 35,^467.09
66, 996.00
1 8 ,1 3 8 .1 7 1+39,113.98

T otal
$ 126, 521+. 16 96, 810.50 95, 178.06 5, 1467.09 66, 996.00 18, 138.17
$ 1+39,113.90

OTHER Cow T e s t i n g Egg C o n test P rin tin g D epartm ent U niversity S tores U n iv e rsity Laundry TOTAL OTHER
TOTAL AUXILIARY INCOME

$ 21,612.59 1 0 ,6 1 5 .7 3 U , 755.85
1+00,010.39 U ,033.38
$ 1478,027.914
1 ,1 9 9 ,5 3 2 .5 6

$ 21,612.59 10,615.73 41,755*85
i+oo, 010.39 l t . 033.38
$ 1+78, 027.914
$1 , 199, 532.56

NON INCOME T ran sfer from Educa, & G eneral

$ 7, 000.00

$ 7,000.00

TOTAL AUXILIARY RECEIPTS

$1 , 206, 552.56

$1 , 206, 532.56

D. OTHER NON EDUCATIONAL GIFTS AND GRANTS Hamer Thompson - G ertha Thompson S c h o la rsh ip U. D. C . - G els on Webb S c h o la r s h ip C e n tra l F lo r id a Pan H a lle n io A sso. - L ois Drawdy S cholarship S tudent A c tiv itie s - P rises Gladys Beach - E a rl Jen k in s S c h o la rsh ip James F . Byrnes Foundation - Grace M ille r S c h l. M rs. R. D urr - P o u ltry S cholarships M rs. A. I . Dupont - M argaret Sanders S cholarship Ga. Feed A sso c ia tio n - S c h o la rsh ip s K roger G rocery Company - S c h o la rs h ip s S ears Roebuck - C arolyn Chambers S c h o la rsh ip S ears Roebuck - A g ric u ltu ra l S cholarships S e a r s R oebuck - Home Econom ics S c h o la r s h ip s Seedmans - S ch o larsh ip s Edward S h o rte r - A rt S c h o la rsh ip s Student A c tiv itie s - O ohestra S cholarships S o u th e a s te rn C oal Company - B i l l D ingus S c h l.

S o h e d u le B-1+

$ 783. 5O $ 200.00

783.50
200.00

25O.OO 60.00 100.00 5OO.OO 1, 600.00 500.00 1 , 000.00
800.00
150.00
1 , 833.30
800.00
1+00.00
212.51 1 , 350.00
600.00

25O.OO 60.00 100.00 500.00 1 , 600.00 500.00 1 , 000.00
800.00
150.00
1 , 833.30
800.00
1+00.00
212.51 1 , 350.00
600.00

TOTAL OTHER NON EDUCATIONAL INCOME

* u . 139.31 $ 11, 139.31

TRANSFERS From T ru s t Funds From Agency Funds TOTAL TRANSFERS

$ 1 , 762.17 $
2,181+. 12 3,9146.29 $

1 , 762.17
2,181+. 12
3,91+6.29

TOTAL OTHER NON EDUCATIONAL RECEIPTS -5 6 -

$ 2 7 ,1 2 3 .0 2 $ 27, 123.02

TOTAL CURRENT INCOME NON INCOME RECEIPTS TOTAL CURRENT RECEIPTS

S c h e d u le B-l-

G eneral Income

R estricted Income

T otal

#5f 074, 047.57 $1469,009.28 $5.51*3.056.85
$ 8, 690.00 $ 15.983*71 $ 214,673.71
#5,082,737*57 $1*84,992.99 $ 5 .5 6 7 .7 3 0 .5 6

SUMMARY OF EXPENDITURES For Year Ended June 30, 1951

Schedule C

C urrent Funds E d u catio n al A u x ilia ry O ther Non- P la n t
& G eneral E n terp rises E ducational Funds

T otal

EDUCATIONAL & GENERAL Admin. A G eneral S tu d e n t WeI f cure P lan t O perations L ibrary In stru ction R esearo h Services R elated to I n s t. E xtension
AUXILIARY D orm itories D ining H alls Cow T e s t Egg T e st P rin tin g Shop S to re s
OTHER NON EDUCATIONAL S c h o la rsh ip s Awards
PLANT A dditions to P lan t Indebtedness R etired I n t e r e s t on In d eb ted n ess TOTAL EXPENDITURES
NON EXPENSE

$ 250,1422.67
100,522.51* 380,933.85
221, 010.014
2,0140,035.23 2 5 0 ,2 1 7 .3 2 1+09,507.38 307,1+06.89

6 ,9 8 8 .2 2

21*2,306.1*8
1*1*0,936.1*3 22,371*.60
1 2 ,0 0 7 .9 9 . 62,676.93
31+2,595.29

257,1*10.89 100,522.51+ 380,933*85 221,010.01* 2,01*0,035.23 2 5 0 ,2 1 7 .3 2 1*09,507.38 307,1+06.89
21+2,306.1*8 1*1*0,936.1*3
22, 371*. 60
1 2 ,0 0 7 .9 9 6 2 ,6 7 6 .9 3 31*2,595.29

1 3 ,2 1 3 .9 7 1+9.70

13,218.97 1+9.70

760,511*.5l+ 760,511*. 51*

36,635.97 36,635.97

12,554.03 12,554.03

#3, 960, 055.92 1 , 129, 885. 91+ 1 3 ,2 6 8 .6 7 809, 70/*. 5/+ 5, 912, 915.07

1 0 6 ,89!*.93 5l* ,190.00

161,081**93

TOTAL DISBURSEMENTS #1+,0 6 6 ,9 5 0 .8 5 l,18l+ ,O 75. 9U 1 3 ,2 6 8 .6 7 809,701*.5l+ 6 ,0 7 l* ,0 0 0 .0 0

57-

STATEMENT OF CURRENT EXPENDITURES F o r Y ear Bnde d Ju n e 30 1951

Schedule C -l

EDUCATIONAL & GENERAL ADMIN. AND GENERAL A ccounting O ffice Alumni O ffic e C om ptroiler*s O ffioe G eneral P resident*s O ffioe P u b lic ity Bureau R eg istrar* s O ffioe S ta tis tic a l Bureau V eterans A dm inistration S esquioentennial TOTAL ADMIN. & GEN.

Fund C la s s ific a tio n G eneral R estricted

* 31,991*-14 6 ,0 0 0 .0 0
11, 409.70 60, 413.99 27, 343.68 10, 931.38 35, 239.08
14. 992.15 4, 252.22
21. 451.15 $ 224, 027.49

1,243.33 1 ,2 4 3 .3 3

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

27, 139.37
6 ,0 0 0 .0 0
11. 109.96 24, 238.85
2 6 .8 3 7 .9 7 8 .5 8 0 .9 6
2 5 ,8 4 7 .1 9
14, 685.62 4. 092.96 5, 152.93
153,685.81

4 ,8 5 4 .7 7
2 9 9 .7 4 3 6 ,1 7 5 .1 4
1 ,7 4 9 .0 4 2,350.1*2 9 ,0 0 4 .0 9
306.53 159.26 1 6 ,2 9 8 .2 2
71, 197. 1

387.80 3 8 7 .So

STUDENT WELFARE

D ir. of Student L ife

$ 9,809.80

Dean o f Men

1 8 ,8 8 5 .5 9

Dean o f Women

20,239.49

Placem ent

7 ,8 4 7 .8 6

Student H ospital

4 2 ,2 0 6 .8 0

V oluntary R eligious A sso.

1 ,3 3 3 .0 0

TOTAL STUDENT WELFARE $ ,1 0 0 ,3 2 2 .5 4

200.00 00.00

9, 260.00
1 8 ,llj9 .8 8 1 9 ,1 5 0 .2 6
7 ,1 7 9 .9 6
3 1 ,5 8 4 .0 4
1 , 533.00 86, 857.14

549.80 735.71 1 ,0 8 9 .2 3 597.90 1 0 ,6 2 2 .7 6
13. 595.u o

70.00 7.

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

$ 178,839.62 1 1 0 ,8 0 0 .3 0 6 5 ,8 0 4 .6 0
1 4 ,9 0 6 .5 9 370,351.11

9, 530.00 9. 530.00

1 6 ,6 8 3 .1 8
104, 321.18
3 0 ,3 7 3 .2 5
12, 072.05
163,454*66

168,883.79 6 ,3 8 5 .0 7
3 5 ,4 2 6 .3 5 2 ,8 3 4 .5 4
1 3 ,5 2 9 .7 5

2,802.65 94.05
2, 896.76

LIBRARY

$ 200,714.56 20,295.48 120,516.72

7.930.96 92,562.36

INSTRUCTION

Dean Of F a c u l t i e s

$

A griculture

Dean*s O ffioe

Ag. Economics

Ag. E ngineering

Agronomy

Animal Husbandry,

D airy

Food Technology

H orticulture

Landscape A rch itectu re

P lan t Pathology

P o u ltry Husbandry

A rts and S ciences

Dean's O ffioe

A rch. & A nthropology

A rt

1 8 ,0 3 5 .3 7
36.U 37.2J
11, 325.20
3 9 ,2 8 1 .3 2 1 9 ,8 3 0 .1 5 1 6 ,5 4 2 .5 8 1 7 ,1 9 9 .2 8 1 0 ,3 9 7 .5 7 1 2 ,9 5 1 .8 7 18,343-09
6 ,7 2 1 .2 0 11,026.41
1 6 ,8 3 5 .3 1
6, 680.33
5 8 ,5 0 8 .4 5

5, 000.00 4, 000.00
6 ,0 0 0 .0 0 6 ,0 0 0 .0 0
5, 147.36 4, 000.00 3, 000.00
1 ,0 0 0 .0 0

17,279.51
3 0 ,0 7 3 .8 1 1 6 ,0 6 4 .3 0 4 1 ,8 3 3 .5 7 2 3 ,9 1 7 .1 3 2 1 ,7 9 7 .5 2 2 1 ,2 2 5 .7 1
9 ,9 1 0 .5 9 1 6 ,5 0 9 .8 4 1 7 ,3 0 8 .1 4 9 ,4 2 1 .9 2
10, 632.96
1 4 ,3 3 9 .7 6 6 ,5 5 0 .0 2
5 6 ,9 5 5 .3 9

755.86
6 ,2 2 5 .9 2
220.40 1 , 207.40
1 ,4 7 3 .2 9 4 4 5 .0 6
1 ,1 2 0 .9 3 486.98 348.41 835.04 299.28 393. U5
2 ,4 9 5 .5 5 91.09
2 ,1 5 4 .1 6

137.50 40.50 240.35 439.73
300.00
9 3 .6 2 199.91
3 9 .2 2 398.90

Schedule C -l

O bjeot C la s s ific a tio n

O perating

Fund C la s s ific a tio n

S alaries

S u p p lie s

G e n e ra l R e s t r i c t e d St Wages

St E xpense E quipm ent

INSTRUCTION (C o n tin u e d )

A rts and S ciences

G.E.B. A rt

$

B iology

B o tan y

C hem istry

C lassics

Drama

E nglish

Geography & Geology

H istory

M athem atics

Modern Languages

M usio

N ursing E ducation

P h ilo so p h y

P h y sic s

P o litic a l Science

Psychology

R eligion

S o c io lo g y

B usiness A d m in istratio n

E d u catio n

G eneral

P hysical E ducation

P ractice School

Voc. Ag. Tea. T raining

Home E c . T e a . T r a i n i n g

F orestry

G raduate

Home Econom ics

J ournalism

Law

M ilita ry Science

Pharmaoy

V eterin ary M edicine

Dean*s O ffice

Anatomy & H is to lo g y

Physiology & Pharm acology

V et. Pathology

C l i n i c s St M e d ic in e

H ygiene

Regents P ro fe sso rs

4 ,5 2 1 .7 3 4 8 ,6 0 3 .5 4 3 0 ,2 5 5 .5 6 5 0 ,0 1 0 .7 5
7 ,6 7 2 .4 6 1 2 ,4 5 6 .7 8 6 1 ,1 0 4 .9 7 2 7 ,3 8 1 .3 2
28, 530.18 40, 231.01 48, 671.05
3 9 ,9 7 0 .9 6
8O5.55
8 ,8 4 1 .3 9 3 4 ,1 9 5 .5 0
22, 026.70
2 6 ,8 3 7 .2 3 4 ,4 6 1 .9 3
2 2 ,0 4 3 .4 9 1 2 1 ,4 7 5 .3 2
7 9 ,1 1 0 .0 8 5 1 ,9 5 6 .9 2 2 7 ,9 9 6 .0 3
1 0 ,4 8 7 .3 1 6 ,1 7 3 .8 4
3 0 ,9 8 5 .3 3
41, 856.28
7 3 ,2 0 9 .3 7 2 8 ,9 1 7 .0 5 5 9 ,0 7 3 .2 0
5 ,3 0 2 .9 3 4 5 ,3 6 9 .2 2
14,827.89 7,9li+-28
1 1 ,2 5 9 .2 3 8 ,2 6 1 .1 2
7 2 ,0 0 3 .4 1 1 1 ,1 6 5 .2 0
4 ,9 9 9 .8 0

4 ,5 2 1 .7 3
2, 000.00 2, 000.00 2, 700.00
2, 990.00 2, 000.00 3, 000.00
3, 000.00 2, 000.00
2, 000.00 1 , 000.00
500.00
3 2 ,4 0 5 .5 4 2 5 ,7 9 5 .5 9
17, 000.10 6, 000.00 2, 000.00
2 ,0 0 0 .0 0
1 2 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 18,000.00 11,000.00 1 1 ,0 0 0 .0 0

7 ,6 9 2 .2 3 4 6 ,8 4 5 .1 4 2 9 ,7 8 0 .5 0
4 7 ,7 1 0 .7 5 7 ,6 2 3 .0 3
12, 284.30
6 3 ,6 1 9 .7 6 2 4 ,6 3 6 .7 2
28, 430.18
4 3 ,0 5 6 .1 3 4 8 ,3 0 9 .6 9 3 7 ,7 2 0 .8 6
805.55
8, 766.56
3 3 ,1 2 4 .7 6
23, 878.60
2 5 ,7 9 9 .7 2 4 ,4 3 6 .9 6 2 3 ,8 4 5 .3 2 1 1 8 ,2 0 3 .6 5
7 5 ,5 2 5 .4 0 4 9 ,4 9 4 .5 2 5 7 ,3 5 1 .3 5 2 8 ,9 9 6 .4 4
19, 802.02
3 5 ,1 8 9 .8 0 4 0 ,9 9 6 .6 3
68, 416.61
2 6 ,7 0 4 .4 8
5 7 ,6 2 5 .5 9 4 ,7 1 2 .2 5
3 9 ,7 4 9 .5 2
1 1 ,9 8 4 .8 8 1 7 ,4 9 9 .8 4 1 9 ,0 5 9 .8 4 2 1 ,6 8 0 .6 2 4 7 ,0 3 9 .2 3 1 7 ,6 2 6 .6 0 4 ,9 9 9 .8 0

5 5 3 .8 2 3 ,6 0 9 .4 0
1 ,9 8 6 .4 3
5, 000.00 49.43
172.48
390.74
1 ,6 9 9 .9 3 7 5 .0 0
174-86
2/16.76
1 ,4 9 4 .0 6

797.41 149.00 488.63
84.47 3 ,0 4 4 .6 7
25.00 114.60
7 5 6 .0 4

7 4 .8 3
2, 001.55 148.10 183.05
24.97 198.17 3 ,9 5 0 .3 0
4, 084.68
2 ,1 6 4 .4 0
1 , 170.26
6 ,2 9 4 .7 8 3 ,3 7 1 .9 2
1 ,3 9 5 .5 3 820.65
5, 119.00
2 ,1 9 4 .6 3 1 ,4 4 7 .6 1
590.68
5 ,0 9 9 .2 9

2 ,0 6 9 .1 9 554.46
321.37
298.00
1 ,8 7 9 .9 6 991.68
400.00
3 9 .0 0 1 ,6 7 3 .7 6
1 7 .9 4
2 ,5 2 0 .4 1

2, 255.30
1 ,5 1 8 .4 9 1 ,1 1 5 .6 0
1 ,5 9 6 .7 5 29,350.91
2, 235.30

587.71
895.95 1 ,0 8 3 .7 9 2 ,9 8 3 .7 5
6, 613.27
2 ,3 0 3 .3 0

Summer S c h o o l TOTAL INSTRUCTION

1 6 9 ,2 2 8 .6 2

1 6 6 ,9 8 1 .4 2

2 ,2 4 7 .2 0

11,700,309.89 209,060.32 l,76l,827J+2 114 ,^ .7 0 1 2 7 5 5 3 7 ^

ORGANIZED RESEARCH General A g ricu ltu re Ag* I n d . & S e r v i c e s Bureau Bus. R esearch V iking Fund G eneral

$ 8 2 , 12*. 88 12,203.39 12,203.39 9 ,7 9 9 .1 4 91.41 92,398.74 8,000.00
- 59-

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

15,258.94 3,285.03 3,138.64 1 ,9 6 2 ^ l,57i*-51 37.80 9 1 .4 1 7,929.27 5,854.39

Schedule C -l

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

~'

O perating

Fund C la s s ific a tio n

S alaries

S u p p lie s

G e n e ra l R e s t r i c t e d & Wages______ St E xpense

E quipm ent

ORGANIZED RESEARCH ( C o n t'd ) R adio-A ctive F e r t. E xper. $
C arnegie Research Iro n Experim ents P otash Experim ents Sulphur Experim ents Cyanamid E xperim ents C en tral Soya Beef P ro ject Anonymous D airy Sodium E xperim ents A n a ly tic a l Navy M inor Elem ents M erck and Company Public h e a lth or M alaria Pine N u tritio n Boron Experim ents Copper T. V. A. Meat Atom ic E nergy Commission M ineral Study - H o rtic u ltu re
B orden c ompany TOTAL ORGANIZED RES. $

825.32 197*351*47

336.79
2,1+75-95
92I+.6I 3I+O.O6
31+3.26
1+99.59 1,037.81+ 1,283,81+
578.30 6 ,8 2 3 .1 0
1,671.1+3
132.97 1*2.63
5,356.1*1
65U. 90
511-1+2
I+9 1 .1 9
1 ,1 0 0 .9 7 3 ,5 6 0 .3 0 2,708.11+
1 .6 9 7 -3 5 5 2 ,8 6 5 .6 5

295.25 1,1*05.75
305.75 157.00 287.50 21*1*. 50
699.96
5 ,5 9 7 .7 5 1 ,6 2 5 .0 0
116.75 1+2.63 l+ ,5 7 9 .5 6 596.55 21+9.50 1+58.00 271.61 2,1+75.00 1 ,8 8 1 .7 8
1 , 250.00
200,228.39

1*1.51+ 1 ,8 9 5 .5 2
I+60.55 I 83.06 55.76 21I+.19
237. 81+
1*1*5.88
252.99 1,101.1+1
1+6.1*3 16.22

158.31
1*0.90 800.00 138.00 325.31 123.91+

776.85

58.35

261.92

33.19
S51.36

- 22.00

1+11.1+3

673*87

562.51* 215.15

263.82
232.20

36,ill*.95_ 13,873.96

SERVICES RELATED TO INSTRUCTION

C ream ery

* 115,636.65

D airy Farm

39,787.11*

Food P ro cessin g

1 0 ,U 5 6 .2 7

G reenhouse H o r tic u ltu r e Farm

5,l+83.98 9,391.21+

L iv e sto c k Farm Meat C uring P lan t

17,571^1*7
15I+,836.69

P oultry P lant TOTAL SERVICES

30,509.93
F " 583, 676.37

26, 523. 1*0
1 7 ,9 2 6 .2 3
5 ,3 9 5 .5 9 2 ,5 9 2 .0 0
7,191** 38
8,592.71+
12, 382. 81+ 8, 970.00 8 9 .5 7 7 .16

8l+,009.81
2 1 ,0 6 5 .7 3
5, 060.68
2 ,7 7 0 .0 8
1 ,9 9 6 .9 9 6 ,9 9 8 .3 7
11*2, 092.90
2 0 ,0 5 5 .2 3 2 8 k , Oi*9.79

5,103-1*1+ 795.18
121.90
199.87 1 ,9 8 3 .3 6
360.95
1 , 1*81*. 70
10.0U9.1+0

EXTENSION Ag. I t i n . Tea. T rain in g I Ag. S h o rt Course C ereal In s titu te Ga. P o u ltry Im pr. A sso. A tla n ta A rea F ield Services Landscape A rc h ite c tu re Ag. Educa. R e la tio n s D istrib u tiv e Educa. J u liu s Rosenwald F orestry Home E o . I t i n . T e a . T r a in in g L iterary Q uarterly Gen. M ills - N u tr. Educa. Surveys - Education U niversity Press

2,838.91+
3, 6l l +.62 13, 21*7.20 16, 851.62
600.00 8,7l|l+. 90
`31, 603.56

5 ,5 7 8 .5 7
750.00
81*. 50 57.29
11*, 812.50
5.1+0
16, 851.63 7 , 1*09. 1*8
91+.00
1*, 2 5 6 .2 5
2 ,2 0 6 .8 2 2 ,1 3 8 .7 7

-60-

3,939.91+
81+.50
15,633.11+ 11,271+. 11*
5.1*0 1 2 ,3 9 9 .9 6
5,73l+. 50
50.00
600.00 2,61+3.32
1+,6O3. 9I+ 1 , 500.00
621.51 1 1 ,8 1 1 .6 8

1 , 638.63
3,588.91+
57.29 2 ,7 9 3 .9 8 1 ,9 7 3 .0 6
2 0 ,9 8 6 .7 5 1,1*1*1.05 1*1*. 00
1 ,6 1 2 .9 3 1+, 11+0.96
706.82
1 , 517.26
1 9 ,7 9 1 .8 8

3I 6. 5U
233.93

Schedule C -l

EXTENSION (C o n tin u e d ) S o il T estin g & Survey Trades & In d . Educa. V eterans Guidance V et. Tea. T raining V o catio n al Guidanoe Resource-Use Educa. A ro h aeo lo g y Museum M ental H ealth Womens C lu b TOTAL EXTENSION
TOTAL EDUCA. & GEN. EXPENDITURES
NON EXPENSE T ransfer to A uxiliary Transfer to P lant Cash Over and S h o rt Refund P rev . Y rs ., In c . Accounts Rec. - T ifto n T ransfer to G eneral TOTAL NON EXPENSE

Fund C la s s ific a tio n G eneral R estricted

O bject C la s s ific a tio n

O perating

S alaries
& Wage 8

S u p p lie s & Expense

E quipm ent

I 8,342.84
1 ,1 5 0 .9 8
28, 026.144
16,617.05
8 ,9 4 7 .9 2
8, 982.86
4 ,2 2 9 .5 8 5 ,5 0 5 .7 6
6,532.05 39.66
I 123,605.ii6 96,515.73

7,1449.96 783.32
2 4 ,663. 9Z4.
1 0 ,1 9 0 .3 6
6, 568.24 *4, 671.00
2 ,3 9 3 .4 3 4 ,7 0 7 .9 2 4 ,6 2 6 .7 1
136,956.91

742.88 367.66 3 ,2 7 3 .0 6
6 ,4 2 6 .6 9 2 ,3 7 9 .6 8 4 ,3 1 1 .8 6
1 , 731.00 400.OO
1 ,9 0 5 .3 4 39.66
0 1 ,8 7 1 .3 8

150.OO
89.64
105.15
397.84
1 ,2 9 2 .9 0

#3,300,358.89 389,710.71 2,713,104.25 823,249.14 133,716.23

# 7, 000.00

81,447*95 10, 000.00

365.15 215.20

775.61

2, 200.00

1 , 690.00 $ 9 1, 228.50 12,465751

TOTAL EDUCA. & GEN. DISBURSEMENTS

1391,587.19 402,176.32

B. GENERAL EXTENSION ADMINISTRATION G eneral

$ 25,151.85

PLANT OPERATIONS

$ 1,052.74

INSTRUCTION Columbus C en ter G ain esv ille C enter Wayoross C enter A tlan ta C enter Rome C e n te r Savannali C en ter N egro Columbus C en ter TOTAL INSTRUCTION

# 28,645.34
1 5 ,9 4 1 .3 4
16, 868.90
1 4 ,3 7 6 .1 0
19, 041.16 22, 306.76
1 3 ,4 8 5 .4 2
# 1*0, 665.02

SERVICES RELATED TO INSTR.

A udio-V isual Aids

$ 25, 831.01

EXTENSION Co rr e s p o n d e n c e Part-Tim e & Spec. S erv. TOTAL EXTENSION

$ 44,702.16
6 2 ,5 8 3 .5 6 '07,205.70

16,664*96 1 ,0 5 2 .7 4

Schedule C-2
7 ,2 3 0 .8 4 1, 276.05

24, 815.29
1 2 ,6 2 0 .0 0 1 4 ,6 8 0 .0 0 1 4 ,3 7 6 .1 0 1 7 ,5 9 0 .5 2 1 8 ,1 4 0 .9 6 1 2 ,5 1 3 .2 6
1 1 4 ,7 3 4 .1 3

3 ,3 5 5 .5 0 2 ,8 9 1 .3 2 2 ,0 4 5 .1 2
1 ,2 3 6 .9 9 4 ,0 8 5 .3 0
582.66 ~ U +,lS.89

476.55 4 3 0 .0 2 143.78
2I 3.65 80.50 389.50
1 ,7 3 6 .0 0

1 1 ,9 4 0 .9 5 10, 567.50 3 .3 2 2 .5 6

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

3 ,3 2 9 .0 7
10, 719.00
1 4 ,0 4 8 .0 7

618.00
1 , 937.90 2, 555.90

M

TOTAL GEN. EXT. EXPEND. I 2 6 9 ,9 3 6 .3 2

2 1 5 ,0 5 4 .5 1 4 6 ,0 4 3 .3 0 8, 888.51

-61-

1

Fund C la s s ific a tio n

G eneral

R estricted

NON EXPENSE Refund P revious Y ears Inc. $

3 ,2 0 1 .0 2

TOTAL GEN. EXT. DISB.

$ 273,187.34

C. AUXILIARY ENTERPRISES DORMITORIES A. A. A. B arracks Brown Camp W ilk in s C andler C la rk H owell Co o rd in a te Law D o rm ito ry Luoy Cobb Mary Lyndon Mi H e d g e Mi H e d g e Annex P rivate T railers R utherford Sm all D orm itories Soule H all V et. H ousing P ro je c t TOTAL DORMITORIES

$ 3,925.50 1 6 ,7 7 1 .8 8
13,261.91*
5 ,6 2 8 .3 5
6, 236.11 7, 280.05
3 5 ,5 8 5 .6 0
5,51*5.90 1 1 ,1 3 0 .6 0
1 4 ,7 7 6 .8 4 14,619.142
4 ,3 2 5 .5 3 1 ,8 9 4 .4 1 1 1 ,3 9 0 .7 9
1 ,8 9 8 .9 3 1 2 ,1 6 5 .0 1 7 5 .8 6 9 .6 2
T ~ 2U 2,306.4

DINING HALLS C afeteria C oordinate Denmark Lucy Cobb Mi H edge Annex T ea Room TOTAL DINING HALLS

$ 122,131.05 9 3 ,1 2 9 .4 8 113,627.58
37,295.67 55,1441.56
1 9 ,3 1 1 .0 9
$ 440, 936.43

GENERAL

$ 6,988.22

TOTAL DORMITORIES AND

DINING HALLS

$ 690,231.13

OTHER Cow T e s t i n g Egg C o n test P rin tin g Departm ent U niversity S tores TOTAL OTHER
TOTAL AUX. EXPEND.

4 22,374.60 1 2 ,0 0 7 .9 9 6 2 ,6 7 6 .9 3
342,595.29 4 439,654.61
$i .129,885.94

NON EXPENSE T r a n s f e r t o P l a n t ^u nds $ 5 4 , 19Q00

TOTAL AUXILIARY DISB.

$1,1814-,0 7 5 9 4 - 62-

Sohedule C-2

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

1 ,7 5 5 .5 8 4 ,1 7 8 .5 0 5 ,7 8 7 .7 8 2 ,9 0 8 .8 6 2 ,8 2 8 .8 6
4, 128.54 14, 793.59 2, 198.98
5 ,4 8 6 .6 8
751.31
5 ,8 3 8 .2 0 1 ,5 4 8 .8 6
4 ,7 2 4 .1 3 1 ,3 6 2 .5 0 4 ,5 6 3 .0 0 2 5 ,4 9 9 .2 2
92.35U .59

Schedule C-3

2 ,1 6 9 .9 2 1 2 ,5 9 3 .3 8
7 ,2 3 5 .7 6
2 ,7 1 9 .4 9 3 ,4 0 7 .2 5 3 ,0 9 1 .8 5 20,500.71 3 ,3 4 6 .9 2 5 ,6 4 3 .9 2
9, 567.17
8 ,7 8 1 .2 2
2 ,7 7 6 .6 7 1 ,8 9 4 .4 1 6 ,6 6 6 .6 6
536.43 7 ,5 3 3 .4 1 4 5 ,8 4 7 .2 9 1 4 4 ,3 1 2 .4 6 "

238.40
59.66
29I . 3O
458.36
68.60
u . 523.11
5 ,6 3 9 -t

2 8 ,9 9 7 .6 5 2 4 ,9 7 8 .8 1 2 3 ,0 7 3 .2 9 1 0 ,3 6 6 .6 4
8 ,5 7 2 .2 1 7,273*02 103,261.62"
6 ,8 8 1 .8 6

92, 586.96
6 7 ,8 4 0 .8 5 9 0 ,5 5 4 .2 9 2 6 ,9 2 9 .0 3 4 6 ,8 5 3 -6 2 ll,7 l4 .9 2 336,479.67
IO6.36

546.44
309.82 15.73 323.15
1 , 195.14

202,498.07 480,898.49 6.83U.57

16, 640.45
5 ,2 3 5 .0 0
26, 039.52 30, 860.74 78, 775. 71"

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

IO7. 2O

27,435.92 9,201.49

3 1 0 ,8 3 0 .8 2

903.73

350, 666. 66" 1 0 ,2 1 2 .4 2

281,273*78 831,565.17 17,046.99

S c h e d u le C-1+

D. OTHER NON EDUCATIONAL S cholarships Awards TOTAL OTHER NON EDUC.

Fund C la s s ific a tio n G eneral R estricted

%

1 3 ,8 1 8 .9 7

1)9.70

1

1 3 ,2 6 8 .6 7

O bjeot C la ssific a tio n

O perating

S alaries

S u p p lie s

A Wages

A Expense Equipment

1 3 .a8 .9 7 13,218.97

I+9 . 7 O

TOTAL CURRENT EXPENDITURES IU .7 0 0 ,2 3 1 .1 5 1+02,979.38 3.222,651.1+ 9 1 .7 0 0 ,9 0 7 .3 1 1 7 9 ,6 5 1 .7 3

NON EXPENSE

11*8, 6 1 9 .3 2 1 2 , 1*6 5 .6 1

TOTAL CURRENT DISBURSEMENTS |1+, 81+8,850.1+7 l+15,l+l+l+.99

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1951

Schedule D

A. EDUCATIONAL AND GENERAL STUDENT FEES A tla n ta Area

B alan ce B eg in n in g
Of ^ear

R eceipts For Year

E x p e n d i tu res
For Year

T ransfers

B alan ce End
Of Year

*

8, 512.50 8 ,5 1 2 .5 0

GOVERNMENTAL G rants and Aids O ther S ta te s S tate of V irginia For Ag. Eduoa. R elations S ta te of Louisiana For Ag. Educa. R elatio n s S ta te of Arkansas For Ag. Educa. R elatio n s V ocational U nited S ta te ss M orri 11-N elson Fund D ept, of H ealth For M alaria D ept, of H ealth For M ental H ealth Navy D epartm ent For Research V ocational D ept, of A griculture For Ag. E ngineering F o r Home E c . B eef C ountiest C lark e County For D em onstration School Richmond County For Survey H a ll County For Survey

$

1,1+00.00

995.00
500.00
(-23,61+8.92) 69,01+5.53
68, 990.00

3 ,3 5 2 .2 2 i+, 3 3 7 .7 8

(-1+77.58) 5 ,2 3 2 .7 9
(-8 3 2 .5 1 ) 5, 120.50
(-17,61+7.80) 1+5,036.51

156.82 11,625.13 2 ,0 0 0 .0 0

32,1+05.51+

1+11.79

980.00

875.00 -63'

1,1+00.00
995.00
500.00
59,81+8.63
68, 990.00
5,356.1+1
6, 532.05
1,671.1+3 3 5 ,8 9 0 .1 7
12, 203.39
1,283.81+
32,1+05.51+ 2 ,1 3 8 .7 7

- ll+,l+52.02
1 , 690.00 (3) 61+3.59
- 1,776.81+ 3 ,2 1 6 .5 6
- 8, 501. 1*6
- 1+21.1*1+ 716.16
2 ,0 7 7 .6 0

Schedule D

GOVERNMENTAL (C o n tin u e d ) G rants and Aida
C ountie st Cherokee County For Survey Baldwin County For Survey G ainesville C ity For Survey TOTAL GOVERNMENTAL

"B alance B eginning
Of Year

R eceipts For Year

E x p en d iture s
For Year

T ran sfers

I4OO.OO
671+.58 875.00
$ ( - 3 8 ,0 8 5 .9 8 ) 2 5 0 ,4 9 3 .36 2 2 9 ,2 1 5 .2 3

1, 690.00

B alan ce End
Of Year

ENDOWMENT

A lum ni Y. M. C. A .

For V. R. A.

Alumni L ib ra ry

For Books

W. J . B ry an

For P rizes

W. H . B ocook

For Books

J . B, C onnally

For P rizes

B.A. & T.N. Denmark

For M aintenance

F ran k lin C ollege

For M aintenance

Mary J . F ra n k lin

For M aintenance

George R. ^iim e r

For M aintenance

George 0 . K itz in g e r

F o r Award 4-H. C lub

L andscrip Fund

For M aintenance

George F o ste r Peabody

F o r Law S c h o o l

H orace B. R u s s e ll

For P rizes

W illiam T e rre ll

F o r P r o f . (D r. A . W. S c o t t )

U n iv e rsity of Ga. Foundation

For Physios P ro fesso r

1 ,0 0 0 .0 0

For P re s. J . C. Rogers

Hugh V. W ashington

For L ibrary

Edmund M agers

For S cholarships

N eal Reid M em orial

For Landscape A rch. S cholarship

Isa a c M einhard

For Award

C e c il W ilcox

For P rizes

Advancement A rt Fund

Jo u rn alism Deans Fund

TOTAL ENDOWMENT

$ 1 ,0 0 0 .0 0

200.00 850.00

200.00 -1 ,0 9 9 .8 9 (1 )

850.00

-2 5 .8 3 (1 )

-4 2 .5 0 (1 )

-4 .2 2 (1 )

2 ,0 8 5 .0 0 8 ,0 0 0 .0 0
200.00
500.00

-1 8 0 .3 2 (1 )

2,085.00 -2,7 7 6 .2 2 (1 )

8,000.00 -5,^9 5 .5 3 (1 )

200.00

-9 7 .2 0 (1 )

500.00 303. 39( 1)

-2 8 8 .6 1 (1 )

7,245.00 7,245.00

-7 3 (1)

700.00

700,00

-8 9 .3 9 (1 ) -1 0 8 .7 2 (1 ) -4 6 6 .4 2 (1 )

1, 21*3.33 1, 621*. 98

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

-.5 3 (1 )
- 115. 00( 1 )

-3 8 .2 1 (1 )
- 50. 00( 1 )
-1 5 9 .1 0 (1 ) -6 9 5 .6 1 (1 )
" "S27S4H.31 " s r . w r . 3 1 -12,037.1+2

-64-

1 ,0 9 9 .8 9 25.83 4 2 .5 0 4 .2 2
180.32
2 ,7 7 6 .2 2 5,1+95.53
9 7 .2 0 303.39 288.61
.73 89.39 108.72 466*42
.53
115.00
38.21
50.00
159.10 695.61 12,037.b 2

Schedule D

Ba la n c e B eginning
Of Year

R eceipts For Year

GIFTS

Amerio a n Cyanamid Company For Cyanamid

$ 712. I I

A m erican P o ta s h Company For Potash

1 , 546.02

Anonymous

For D airy Research

Atomic E nergy Commission

For Researoh

389.67

Borden Company

For D airy

B all B rothers

For Rood T e s tin g

(-5 7 6 .9 5 )

Carnegie Foundation

For Researoh

3 ,1 6 1 .9 3

C hilean N itra te Educa. For Sodium

470.49

C e n tr a l Soya Company

For D airy

1 ,2 1 3 .3 0

C ereal In s titu te

F o r Home Econom ics

338*53

C orning G lass Works

For D airy

Emory U n iv e r s ity

For A tla n ta Area

F orbes and Company

For D airy

G eneral E ducation Board

For Ag. Educa. R elatio n s (-1,375* 21)

For A rt

For L ibrary

General M ills

For N u tritio n

815*88

G eorgia D airy A sso.

For D airy S h o rt Courses

G eorgia P o u ltry Improvement

For V e te rin a ry M edicine

340.37

G e o rg ia Womans C lub

For Education

139.05

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

For H orticulture

2, 881.56

For Iron

2, 315.26

Jew ish Fund

For Books

Merck & Company For P oultry

U2.63

M iscellaneous V arious

For Landscape Arch.

23.36

P a c if ic C o a st B orax Company

For Boron

2 ,2 6 8 .9 0

Rosenwald Rund For E ducation

I 55.38

S outhern A sso. Ic e Cream Mfg.

For D airy

600.00 1 , 200.00
800.00 3 ,7 5 8 .7 1
2, 000.00
5 ,0 7 9 .8 8
6, 875.00 500.00
600.00
6. 500.00 50.00
37,14.37.67 6. 925.00 35, 000.00 2, 500.00
750.00 25O.OO
2, 400.00 100.00
1,000.00

E x p e n d iture s
For Year
499.59 340.06
578. 3O
3 ,5 6 0 .3 0 1 ,6 9 7 .3 5
2 ,4 7 5 .9 5
6, 823.10
1 ,0 3 7 .8 4 8+.50
6, 300.00
13,956.63 U ,521.73 1 7 ,7 2 0 .5 0 2 ,2 0 6 .8 2
. 75O.OO
57.29 3 9 .6 6 2 ,7 0 8 .1 4
92+.6I
100.00 4 2 .6 3
5.40
511.42 9 4 .0 0

T ran sfers 7 7 5 .6 1 (4 )

-65<

B alance End
Of Year
812.52 2 ,4 0 5 .9 6
22I . 7O 588.08 302.65
-5 7 6 .9 5 4 ,9 9 0 .2 5
522.39 675*46
254.03
600.00
5O.OO 22, 105.83
2 ,4 0 3 .2 7 1 7 ,2 7 9 .5 0
1, 109.06
533.08 9 9 .3 9
2 ,5 7 3 .4 2 1 ,3 9 0 .6 5
17.96
1 ,7 5 7 .4 8
6I .38
1,000.00

Sohedule D

GIFTS (C o n tin u e d ) Southern R egional C ouncil For V e te rin a ry M edicine S ta te Coop* A s s o c ia tio n For D airy Tennessee Corp. For Copper For M inor Elem ents For Pine N u tritio n T ex as G u lf S u lp h u r Co* For Sulphur T . V* A. F or M eat Res* For Meat S poilage U* S . R ad io A c tiv e For Experim ent The VijcLng Fund
For Geography W o o d ru ff, W*
For Pharmacy TOTAL GIFTS

B alan ce B eginning
Of Year

R eceipts For Year

E x p e n d itu res
For Year

T ran sfers

B alan ce End
Of Year

58, 000.00 58, 000.00

l4.8O.J46
1 .9 7 k 52 296*55

li+7.36
300.00 500.00

11+7.36
1+91.19 132.97 65+.90

289.27
1,81+1.55 li+1.65

702*59

31+3.26

359.33

(-2 ,2 0 0 .6 0 ) 2,392.18 (-12*50)

1 ,1 0 0 .9 7

- 909.39 - 12.50

761.50

336.79

1+21+.71

750.00

91.1+1

658.59

1 0 ,0 0 0 .0 0

10, 000. 00( 5)

$26,861+. So 1 7 6 ,2 1 5 .8 0 128,331+. 67 10, 775.61

63. 970.32

TOTAL EDUCA. &.GENERAL

$ -1 0 ,2 2 1 .1 8 1+37.869.97 389,710.71

1+28.19

5 7 .5 0 9 .8 9

OTHER NON EDUCATIONAL GIFTS - SCHOLARSHIPS Gladys Beach For E arl Jenkins James F. Byrnes Foundation For Grace M ille r Mrs* R* M, D u rr For P oultry Mrs* A* I* D upont For M argaret Saunders G eorgia Feed As so* For Scholarships K roger G rocery Company For S cholarships S ears Roebuck For C arolyn Chambers For A griculture F o r Home Econom ics Seedmans For Scholarships Edward S h o rte r For A rt Student A c tiv itie s For O chestra S o u th e a s te rn C oal Company For B i l l Dingus Homer Thompson For G e rth a Thompson U. D. C. F o r G els on Webb
Union Bag Company For F orestry

*

100.00

500.00

2,1+00.66

1 , 600.00 500.00

300.00 200.09
575.02
30.00

1 ,0 0 0 .0 0
800.00
150.00 1 , 833.30
800.00
1+00.00
212.51

1, 350.00

600.00

783.50

1+.932.00 - 66-

200.00

100.00
500.00
1 ,6 0 0 .0 0
500.00
1 ,2 0 0 .0 0
799.96
150.00
2 ,3 0 8 .3 2 266.61+
270.00 212.51
1 ,050.69 -2,12!+. 12(2) 600.00 61+3.85 200.00
2, 267.00

2,1+00.66
100.00
200.13
100.00 533.36 160.00
2, 1+23. 1+3
139.65
2 ,6 6 5 .0 0

Schedule D

B alan ce B eginning
Of Year

GIFTS - SCHOLARSHIPS ( C o n t'd )

V arious Sources

For Musio

V arious Sources

For Pharmaoy W o o d ru ff, R . W.

76.75

For F orestry

B orden Company

F o r Home Econom ics

1,800*00

C e n tra l F lo rid a Pan H e lle n ic Asso*

F or L ois Drawdy

TOTAL SCHOLARSHIPS

$10,311+. 52

R eceipts For Year
250.00
11,079.31

E x p e n d itu res
For Year

T ran sfers

B alan ce" End
Of Year

^ + 3 8 .7 1 (1 )

I+38. 7I

7 6 .7 5

-95l+.!+2(l)

951+.1+2

300.00

1 , 500.00

250.00
13.218.97 -3 .3 l7 .2 5

l i , 692. 11

GIFTS - AWARDS

Je ssie Sayre

F o r Award

U n iv e rsity of Ga. Foundation

F o r B e rt M ich ael Award

Student A c tiv itie s

For P rizes

TOTAL AWARDS

T~

60.00 6 .0

1+9.70 1+9.70

- 200. 00( 1 )
- I 69. 0l+(1)
- 60. 00( 2)
-1+29.0l+

200.00
I 69. Q+
7O .3O I+39. 3I+

TOTAL OTHER NON EDUCA.

$10, 31!+. 52 1 1 ,1 3 9 .3 1 i 3. 268.67 -3,91+6.29

12,131.1+5

TOTAL RESTRICTED FUNDS

$ 93.31+ 1+69,009.28 1+02,979.33 - 3, 518.10

69.61+1.31+

(1) T ran sfer from T ru st Funds ( 2) T r a n s f e r fro m A gency Funds
(3) T ransfer to G eneral Funds (1+) R efund P r i o r Y ears Incom e (5) T ran sfer to Unexpended P la n t Funds
TOTAL TRANSFERS

I - I 3. 799.59 - 2, 181+. 12
1 , 690.00 775.61
10, 000.00
h 3, 518.10

STATEMENT OF TRUST FUND BALANCES For1 Year Ended June 30, 1951

Schedule E

BALANCE OF PRINCIPAL- BEGINNING OF YEAR ( in c lu d in g Income Not T ra n sfe rre d )

Endowment Funds

Loan Funds

M iscellaneous Funds

$2,196,331+. 32 731+.990.06

6,821+. 76

ADDITIONS G ifts and G rants Income on In v estm en ts Notes Recovered P r o f i t on S a le o f S to ck s P r o f i t on S a le of R eal E s ta te T ra n sfe rs from Loan Funds T ra n s fe rs from Ednowment Funds O ther T ran sfers Mi s e e 1 la n e ous
TOTAL ADDITIONS

$ 9, 100.00 6,880.01+

2l+, 161.28

66,813.18 17,167.86 li+0.00

128.52

110,1+96.56
5OO.OO

5 ,7 5 0 .8 7

22.35lt.5U

2 ,1 2 5 .2 3

2 .1 0

39.16

$ 191+,9 2 7 .91+ 1+6,1+1+1.60

2!+, 289* 80

-6 7 .

DEDUCTIONS t N otes W ritte n O ff T ransfers to G eneral Funds T ransfers to R e stric te d Funds T ran sfers to S p e c ia l R e s tric te d Funds T ra n sfe rs to Loan Funds T ra n s fe rs to Endowment Funds T ran sfers to O ther I n s titu tio n s T ra n sfe rs to U. S . Government O ther T ran sfers C o lle c tio n C osts Awards, P ris e s , e tc . Expenses of T rust M iscellaneous Expenses TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR ( in c lu d in g Not T ransferred)
GRAND TOTAL

Endowment Funds
$
10 , 730.00
10,671*. 98 1 3 ,7 9 9 .5 9 2 2.35U .5U
1*,593.1*0
2 ,1 2 5 .2 3
1*5.00 988.83 2, 681.92
76.68 1 68, 076.17

Loan Funds

Schedule E
M iscellaneous Funds

158.75

1 3 ,8 9 5 .7 8

5 ,7 5 0 .8 7
21+8.32 912.00 385.00
I I 6. 5O
7,571.1*1*

l,7 ll* .3 7 15,610.15

$2,323,192.09 773,860.22

15,501*. 1*1

1 5 ,1 1 2 ,5 5 6 .7 2

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1951

Schedule E -l

ENDOWMENT FUNDS Fund fo r Advancement of A rt Alumni L ib ra ry A lum ni Y. M, C. A. W. H . Booock C harles H. Brand C h a rle s McDonald Brown H enry W arren Brown W illiam J . Bryan P rize B ernice F# B ullard E l i z a b e t h M, B u lla r d A. F . C h u rc h ill M emorial Edward T . Comer Jo e Brown C o nnally May E . Talmadge D . A . R. Richmond W alton MoCurry D. A. R. B. A. and T . N. Denmark W illiam S ta r k Denmark Eugene and H a rry Dodd P h ilip Feingold F ran k lin C ollege Mary J . F ra n k lin Ebb W. G a lla h e r M em orial George R. Gilm er H arold H irsoh A. L. H u ll M emorial I n t e r f r a t e r n i t y Co u n o il Journalism Dean's

Fd Balance B eg in n in g Of Year

A dditions

Fund Balance End Of
D e d u c tio n s Y ear______

7 ,0 8 8 .5 2 1 1 ,6 5 1 .8 1 li+ ,5 5 9 .1 0
1*07.00
1 ,1 9 1 .6 0 1*82,1*83.23
25,1*66.07 285.18
2 5 ,0 3 9 .1 7 50,281*. 66 30,125.81+ 2l*l*,956.71
2,671*. 1*2 1*,686.77
1 , 500.00
3 9 ,9 2 6 .1 3 17,1+68.37
1 , 531.86 1 , 01*6.05 123, 069.50 1*, 5l*0.83
15,51+0.39 1 ,2 8 1 .3 2
1*03.51* 1 ,0 0 0 .0 0
695.61
- 68-

850.60 257.98
210.1*3
1+.50 26.10
10, 1*91*. 82
599.93 5 .2 1
1,656.1*6
1 ,1 5 9 .1 3 1 ,8 0 3 .0 1 12i+,i+68.76
61.1*3 211.91 1*9.81 1 ,0 8 9 .0 2
361.75 3 2 .5 2
15.88
8,1*26.03
122.37
5, 000.00
393.00
3 1 .3 0
7 .9 7

159.10 875.83 1 ,2 9 9 .8 9
1+.22 26.10
i+$.oo
1*2.50
517.08
689.33
13, 825.62 270.32
156.91 1*9.81
1*, 861.22
13,1*95.53
301+.20
803.39
695.61

7, 780.02
1 1 ,0 3 3 .9 6
13, 1+69. 61* 1*07.28
1 , 191.60
1*92,933.05
26, 066.00
21*7.89
2 6 ,1 7 8 .5 5 51,1*1*3.79 31,239.52
355,599.85
2,1*65.53 l+,7l+1.77
1 , 500.00
3 6 ,1 5 3 .9 3
17, 830.12
1,561*. 38
1 ,0 6 1 .9 3 118,000.00
!+,359.00
5, 000.00 15, 130.00 1 , 312.62
1*1 1 .5 1 1 , 000.00

Schedule E -l

ENDOWMENT FUNDS (C o n tin u e d ) Clyde L. J r , and John King George D, K itz in g e r Award Jo sep h Rucker Lamar L andscrip F ran ces A , Lipscomb Emma Long Lumpkin Law S c h o o l Jo se p h Henry Lumpkin C h a r le s R . MoCay Edmund M agers G e n e ra l Isa a c M einhard B ert M ichael Thomas E , M itc h e ll - E d u c a tio n a l Thomas E , M itc h e ll U n iv e r s ity o f Ga. Thomas R . M itc h e ll - C o o rd in a te P e a r l C am pbell Moon C, A, and 5 , B, T . Moon M usic S c h o la rsh ip George R o ste r Peabody Phelps-Stokes Fellow ship B en jam in Z . P h i l l i p s Law A , W. Reed M em o rial N e il Reid M em orial H. L. Riohmond F e llo w sh ip Horace B, R u sse ll J e s s i e Woodrow S ay re Edward S . S h o rte r Hoke S m ith M em o rial M artin R, Sm ith P rize 0 , V, Sm ith W illiam T e rre ll Berrym an T. Thompson
Frances Clem entine Tucker J H, R , W a sh in g to n C e c il W ilcox P riz e C e c il W ilcox - Loan R o b e rt W, W o o d ru ff W, J , Young
TOTAL ENDOWMENT FUNDS

Fund balance B eg in n in g Of Y ear______ A d d itio n e

F u n d "B alan ce End Of
D eductions Year

$ 12, 500.00 12, 136.10 25, 000.00
2/44,881.64
2, 106.03 581.80
27,504.21
14,890.33 267,750.99
102.79 1,015.71 1,025.28 139,865.26
4 0 ,0 7 0 .2 9
25. 799. i l
2 ,3 2 8 .8 6
2 .3 5 7 .6 1
2,353.41
553.13
18,048.55 13,616.51
4 ,6 1 0 .9 5
115.00
28,2i+0,90
2 ,0 1 6 .8 5
300.00
5 ,0 6 4 .3 9
4 ,4 0 2 .4 3 4 ,0 3 7 .0 3 6 0 ,8 8 7 .0 2
2 0 ,7 8 3 .7 0
13, 271.12
7 3 ,1 3 4 .6 9 2,589.98 2 ,0 0 0 .0 0
2, 500.00 91^4.01
8,06/4.94 # 2 ,1 9 6 ,3 3 ^ 3 2

254.36 242.58 923.08
5, 366.26
ii4.69 11.90
1 ,7 9 7 .9 7 374.27
6, 366.11
53
22.50 21.31
4 ,2 5 0 .4 7 3 ,3 h l.5 h 2 ,2 8 6 .0 4
54.18 5 8 .5 8
150.30
11.26
4 0 3 .1 9
- 105.^0
85.17 200.00
633.45 5 5 .0 0
3 ,3 1 6 .2 5
68.37
71.05 804.31
512.72
423.83 5 , i o i . q4
70.00 50.00 68.76 10.41 241.94
194,927*94

25U.36 588.61
9 2 3 .0 8 8 ,8 4 5 .7 3
529.76
8 .7 5
53 38.21
196.59
4 ,2 5 0 .4 7 1 ,9 6 1 .3 7 1 ,8 2 0 .0 4
438.71 89.39
315.00 75.00
158.72
300.00
150.28
1 ,1 6 6 .4 2 414.40
3 ,8 5 6 .7 7 1,624*98
50.00 68.76
9 5 4 .4 2 868.16 (#,(>70.11

12, 500.00
1 1 ,7 9 0 .0 7
25, 000.00
241,402.17 2 ,1 5 0 .7 4 593.70
28,772.142 1 5 ,2 5 5 .8 5 274,117.10
102.79 1 ,0 0 0 .0 0
850.00 139, 865.26 41, 450.46
26, 265.11
,2 ,3 8 3 .0 4 2,396.19 2 ,0 6 5 .0 0
4 7 5 .0 0 1 8 ,4 5 1 .7 4
13, 511.11 4, 696.12
2 8 ,7 9 9 .3 5 1 ,9 1 3 .1 3
8 ,3 8 0 .6 4 4 ,4 7 0 .8 0 3 ,9 5 7 .8 0
6 1 ,6 9 1 .3 3
20, 130.00
1 3 ,2 8 0 .5 5 7 4 ,3 7 8 .9 6
1 , 035.00
2 ,0 0 0 .0 0
2, 500.00
7 ,4 3 8 .7 2

LOAN FUNDS L uoile A lexander Alpha Z eta Alumni A s s o c ia tio n P resto n S , A rkw right R, & L. A rnold A t l a n t a C0t t o n O i l Company A tlanta Journal A tlan ta Stockyards DuPree B a r r e tt L, H. B e a ll B ibb C ounty Dawson John D, B o lto n , J r , M em orial C harles H, Brand

#

684*10

398.16

1 ,3 1 8 .2 4

1 ,7 3 9 .0 7

207.05

489.94

1 ,5 6 3 .3 3
172.21

547.69
I 83.96

4 4 2 .9 4

. 6 9 . 77-11

14.69 9.24 16.92
22.43 5.00
8.97 34.90
.53 7.36 2.37 5.17 886.50 26.10

5.00

698.79 407.40 1 , 330.16 1 , 761.50 212.05
498.91 1 ,5 9 8 .2 3
172.74 555.05
I 86.33
4 4 8 .li
886.50
804.21

LOAN FUNDS (C o n tin u e d ) Mary Upshaw B roaoh C h a rle s McDonald Brown H enry W arren Brown B ryan County Dawson Shepherd Bryan B ernice F. B ullard Asa G. C andler C harles H. Chandler C a r r o ll County Dawson Cham ber l i n -J ohns on-DuB o se C h a r lto n C ounty 1+-H C lu b Chatham County Dawson Chi P si E ducational A* F . C h u r c h i l l M em o rial C itiz e n s and Southern Bank
C la s s o f 1926
O badiah Lewis Cloud M rs, H, Cloudman Cobb C ounty Dawson Colum bia C ounty Dawson Edward Comer Hugh Moss Comer E lija h Clarke D. A. R. D. A, R. M emorial May E , Talmadge D. A , R. Richmond W. M cC urry D . A , R. L i l a N a p ie r J e l k s D. A* R. E d g ar C# Dawson
DeKalb County Dawson
W illiam S ta r k Denmark Eugene and H a rry Dodd D ru id H i l l s M e th o d is t Me m o r ia l J , C . Dukes - Home H oononics
J . C. Dukes - A g ric u ltu re J , C. Dukes - B usiness A d m in istra tio n E a rly County Dawson E l b e r t C ounty Caws on Epsilorn Sigma Phi Exchange Club of A tla n ta W. W. F i n d le y Lucy H urt F isc h e r C h& rles W. F o rd F orestry
I4-H C lub
Freshman Y Commission F u lto n C ounty Dawson G e o r g ia ,'A . and W* P . R a ilr o a d G eorgia Bankers A sso ciatio n G eo rg ia Power Company
G irls Canning Club Glynn C ounty Dawson Grady C ounty Dawson
H a ll County Dawson
H ancock County Dawson

Fund Balance B eginning Of Year

A dditions

Schedule E -l
Fund Balance End Of
D e d u c tio n s Year

$

36U.UU

35,366.36

l,2iU .23

25.70

367.27

6,987.19 270.08

282.09

313.52

637.72

158.22

259.17

10.36U.99 17.195.UU
311.6U
5,071.37 U67.5U 261.33
U3.U0 U 0.062.92

2,209.35 12,955.06
1.923.U5 U6U.U.1
6U5.03 3 1 3 ,oU9.7U
86U.17 1,115.00
105.99 176.U1 1,306.87 1,537.50 1,306.87 95.87 736.U0
79.85
292.U5 3,281.08 1,883.98
893.81
1,063.95 2,101.51
95.77 596.78
59U.51 15,162.85 11,333.76
u ,333.86
253.90
29U.5U
683.95 . 70. 5148.UO

8.7U 636.57
22.39
6.98 '580.61
5.72 5.99 6.98 2 3 .6U 3.76 6.2U 200.00 90U.28 502. lU U.36 118.59 8.00 5.7U
U9 iU,UUo.oi 3 ,2 3 5 .0 0
U6.18 270.60 161.91 U9.81
15.00 10,182.15
7.99 22.32
2.2U 2 0 .9U 28.12 1 8 .8U
2.72 15.7U
.26
U.75 62.87 19.05 10.88 22.69 33.11
1U.23 8.8U 289.75 1U0.97 80.27 5.U9 U.59 1U.U8 12.99

1 ,7 9 5 .2 U 128.50
1,1U0.U8
200.00 1,037.09
12.50
1U6.58 82.50 89.00 82.50 22.32
37.50

373.18 3U,207.69
1,108.12 25.70 37U.25
6 ,U 27.32 275.80 288.08 320.50 6 6 I.3 6 161.98 265 .'Ul
10,232.18 17,685.08
316.00 5,189.96
U75.5U 267.07
U3.89 5U,356.35 3,235.00
2,255.53 13,225.66 2,002.86
51U.22 66O.O3
323.lU 2 .8 9 789.66
1,115.00
105.99 178.65 1,327.81 1,565.62 1,325.71 98.59 752. li* 80.11 297.20
3.3U3-95 1,903.03
90U.69 1,086.6U 2,135.02
95.77 611.01
603.35 15,U15.10 ll,U 7U .7 3 U,UiU. 13
259.39
299.13 698.U3 561.39

FUNDS (C o n tin u e d ) James C offey H arris F rank Hawkins A. L. H ull James Hunt J a s p e r 0 ou n ty Dawson M rs. Graham Johnson Bess D, Jones S a l l i e Maude Jo n es Junior ^ag u e of A tlanta J . B. Keough Clyde La J r , and John King K irkwood P . T , A# Jo sep h Huoker Lamar Landscape A rch itectu re F# E . L a n ie r L aurens b o u n ty Dawson F r a n c i s Aa Lipscom b A rthur Lucas Ja H. Lumpkin M rs. P . C. M oDuffie M cIntosh County Dawson Maoon C ounty Dawson Mr. and M rs. T. 0 . M arsh all R. H. M artin M eriw ether C ounty Dawson M oina M ichael Thomas E . M itc h e ll - G eorgia Thomas E . M itc h e ll - C o o rd in a te Moon Muscogee C ounty Dawson R. C. N eely C. T. N unnally J . C a rro ll Payne Phi D elta Phi Benjamin Z. P h illip s John T. P itta r d M emorial B ertha Rich Richmond b o u n ty Dawson Boys Richmond C ounty Dawson G ir ls E. R ivers R ockdale County Dawson James D. Robinson Mary R o se n b la tt A rt S. D. V. F ra te rn ity S a le C ity Dawson S av an n ah D i s t r i c t Dawson Jo h n D. Simmons Hoke S m ith S t a t e Home D e m o n s tra tio n C lubs S tu d e n ts S tudent V eterans Mark S u lliv a n Sum ter C ounty Dawson Boys Sum ter County Dawson G irls T a t t n a l l C ounty Dawson

Schedule E -l

Fund Balance B eg in n in g Of Year

A d d iti ons

fc'und B a la n c e End Of
D eductions Year

$

721.68

4+3-76

223.08

117,81+3.59
304.12
I+36.56

291+.76

296.17 266.07
571.79 375.50
4 ,1 5 4 .7 7 760.88
u j. j i 1+81.13 566.15 11+7*58 887.26
150.00
2 ,1 6 6 .9 8 9 3 0 .6 2
873-34 254.19 337.99 5 9 7 .2 4 9 ,2 8 6 .6 7 19,502.91
40.00
580.19
594.18
165.67
870*1*2 52.03
4 0 3 .8 4

151.55
1, 521.22
1 ,1 7 6 .5 4 272.76
400.00
260.80

158.01 1 ,0 7 6 .6 3
266.84 221.37 578.06
935.87 1 ,8 1 1 .2 0
593.52
175.68
2 ,6 8 6 .2 1 1 ,7 7 2 .6 0
406.60
-71<

16.00 10.1+9
2 ,1 9 4 .4 2 26.73 8.68 5 .1 2
2 ,0 0 0 .0 0 3 .2 4 6 .2 4
254.36 4 .7 5
923.08 12.94
6 .9 8
1.38

3 6 .6 2
25.00

36.73 36.98 19.31
5 .3 6 5 .9 3 1 0 .9 4 2 ,1 5 8 .9 4
2, 003. 01+
13.22
10.93
2.50 13.66

1 ,3 9 9 .1 1 514.59

340.00
1 .7 6 29.61
23.33 5 .7 2
5.26 6. 2!+
185.00
3 .7 6
19.43 5 .9 9 5 .0 0 10.20
39.03
45.63
6.00 1.50 31.79
18.05
5 .7 4

- 439. 5O
5 .0 0 185.00
44-39 17.50

737.68 454.25 223.08
1 2 0 ,0 0 1 .3 9 305.85 4 + 5 .2 4
299.88
2 ,0 0 0 .0 0
299.41 272.31
826.J .5
380.25 5 ,0 7 7 .8 5
7 7 3 .8 2
1*3*31
488.11 566.15 148.96 887.26
150.00
2,203.71 967.60 892.65
259.55 343.92 608.18 1 0 ,0 4 6 .5 0 2 0 ,9 9 1 .3 6
40.00
593.41
605. l l
168.17 884.08
52.03
843.34 340.00
153.31 1 ,5 5 0 .8 3 1 ,1 9 9 .0 7
278.1+8 400.26
267. 0^
161.77
1 , 096.06
272.83 226.37 588.26
930.51 1 ,8 3 9 .3 3
599.52 177.18 2 ,7 1 8 .0 0
1,790.65 4 1 2 .3 4

Schedule E -l

LOAN FUNDS (C -ontinued) T e l f a i r County Dawson Thomas C ounty Dawson Berrym an T . Thompson M eldrim Thompson Toombs C ounty Dawson F rances C lem entine Tucker L e ila B ates Tye U. S . Government Ware C ounty Dawson W ashington County Dawson Louis W ellhouse M em orial C. P . W hitehead W h itfie ld C ounty Dawson C e o il W ilcox R o b e rt W. W oo d ru ff I d a A. Young TOTAL LOAN FUNDS

Fund Balance B eg in n in g Of Year

A dditions

Fund Balance End Of
D eduotions Year

$

10.00

210.68

6 ,3 3 6 .3 6

249.87
212. 5O

2 5 ,3 4 9 .5 8
l , 079. i +2

712.94 465.21

367.94 1 , 252.02

1 ,0 2 2 .8 2

557.11 398.83
507.72

5 ,6 3 0 .2 8

1 734,990.06

5.00
519.97
3 .7 6
2.50 1, 677.62
18.39 4 .8 0
2.51
5 .7 2
84.50
20.15 12.36 68.76

9.43
746.77
248.32

93. 9O
46,441.60 "7.571.44'

10.00 215.68
6 ,8 4 6 .9 0
253. 6? 215.OO
2 6 ,2 8 0 .4 3 1 ,0 9 7 .8 1 4 6 9 .4 2 4 6 7 .7 2 373.66 1 ,3 3 6 .5 2
1 ,0 4 2 .9 7
569.47 467.59
512.20
5 ,7 2 4 .1 8 7 7 3 ,8 6 0 .2 2

MISCELLANEOUS FUNDS

G eorgia iH I Club F oundation

$

G e o rg ia 1+-H C lu b - M. B . Lane

G e o rg ia 4-H C lu b - N egro Camp

G eorgia

Club - Rock E agle

G e o rg ia 4 "H C lu b - U n iv e r . o f G a. Home

TOTAL MISCELLANEOUS FUNDS

1

5 ,4 9 4 .0 5
1 8 9 .09
55.00 1 ,0 8 6 .6 2
6 ,8 2 4 .7 6

155.52
15.00 24, 019.28
100.00
24. 289.00

356.15 llf .1 0
15, 105.90
I5 ,6 l0 .1

5 ,2 9 3 .4 2
40.99
7O.OO
1 0 ,0 0 0 .0 0 100.00
15, 504.41

TOTAL TRUST FUNDS

$ 2 ,9 3 8 ,1 4 9 .1 4 265, 659.34 91, 251.76 3 ,1 1 2 ,5 5 6 .7 2

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1951
ENDOWMENT FUNDS B onds, U. S . T reasu ry Bonds, S ta te and M unicipal S to c k s , Common Real E state - A tlanta Real E state - Jackson S tre e t Loans on R e a l E s ta te ( U n iv e rs ity o f G eo rg ia B u ild in g s ) Loans on F r a t e r n i t y Homes R eal E s ta te Note (A tla n ta ) Loans on H eal E s t a t e - C la rk e H0w e ll & Mi H e d g e Annex TOTAL ENDOWMENT FUNDS
LOAN FUNDS Bonds, U. S. T reasury S t o c k s , Common Loans on R eal E s ta te (U n iv e rsity of G eorgia B u ild in g s) Loans on H eal E s ta te (H. H. H in to n ) Loans on H eal E s ta te (C lark e H ow ell & M illed g e Annex)
-72-

Schedule E -2

Book V alue

M arket V alu e

$ 1 ,3 8 4 ,6 0 0 .0 0
152, 000.00
15,859.46
24, 500.00 11, 400.00
271,993.86
23, 500.00 I 63.72
4 5 9 ,9 5 0 .0 0
$ 2 ,3 4 3 ,9 6 7 .0 4

1 ,5 2 7 ,4 0 8 .5 0
58,030.20
16,713.75
76, 000.00 25, 000.00
271,993.86*
23, 500. 00* I 63.72
459,950.00
2 ,2 5 0 ,7 6 0 .0 3

$ 200,380.00 1 .0 0
153,263.91 1 3 ,6 6 5 .3 3
88, 350.00

192, 537.64
153, 263. 91* 13, 665. 33* 88, 350. 00*

LOAN FUNDS (C o n tin u e d ) Loans on F r a t e r n i t y Homes Loans - N orth G eorgia C ollege B uildings Loans - Savannah S-tate C ollege B uildings S tu d en t N otes R eceivable TOTAL LOAN FUNDS
MISCELLANEOUS FUNDS Savings A ccounts - A thens F e d e ra l Savings and Loan Asso*
TOTAL TRUST FUND INVESTMENTS

Book V alue

Schedule E-2
M arket V alue

I 62,1+5337 36,198*62 26,1+7!+* 12
111*237*99 I 692,021+* 34

62,1+53*37* 36,198.62* 26,1+71+* 12*
5Z+, 180*98

$ 15,237*27

3-5,323*57

13*051*228*65 2,958*261+,58

M arket v a lu e shown same as lo a n v a lu e on books* N ot owned by T r u s t *unds*

DETAIL OF ENDOWMENT FUNDS - GOVERNMENTAL BONDS F o r Y ear Winded Ju n e 30* 1951

Schedule E - -l

STATE AND MUNICIPAL BONDS A thens, C ity of A tla n ta , C ity of Columbus, C ity of Columbus, C ity of D ecatur, C ity of M arietta, C ity of M uscogee, County of M uscogee, County of Savannah, C ity of Savannah, C ity of Savannah, C ity of S ta te of Ga. - C o n s titu tio n a l Debt TOTAL STATE AND MUNIG1APAL BONDS

Rate Of M atu rity I n t e r e s t Date

3% 5 -1 -5 2

l+fe 7 -1 -5 6

3$S 2-1-53
l+j'o 9-1-51+

k & 9-1-52
3% 8 -1 -5 1

IM

1+-1-55
1+-1-56

3% lo_i.c;a

I M 8- 1-55

2- 1-59

Book V alue
% 1 , 000.00 1 , 000.00 1 , 000.00 5, 000.00 7, 000.00 2, 000.00 U, 000.00 2, 000.00 1 , 000.00
1 ,0 0 0 .0 0
27, 000. 0c
1 0 0 ,0 0 0 .0 0
T 152, 000.00

M arket V alue
1 , 030.60 l,ll+ 9.20 1 , 033.60 5, 1+62.00 7, 262.50 2, 006.60 1+, I+3 6 .00 2, 269.20 1 , 077*10
1,118.1+0 3 1 ,1 8 5 .0 0
5 8 ,0 3 0 .

U. S . TREASURY BONDS

U. ij T r e a s u r y - S e r ie s A-1952

u. S. Treasury - S eries F

u. ^ Treasury - S eries F

. 3 Tre as u ry - S e r i e s F

U. s . T re a su ry - S e rie s F

u* u.

3 * Treasury s. Treasury

-

S eries S eries

G TrT

u* o T r e a s u r y - s e r i e s u

u. 8 . Treasury - S eries F

. s . T re a s 'o ry - S e r i e s F

u. s. Treasury - S eries F

u. 3. Treasury - S eries G

u. s. Treasury - Seris G

u. 3 * Tre as ury - S erie s F

u. S. Treasury - S eries G

* s* T r e a s u r y - S e r i e s F

u. 3 * Treasury - S eries G

l-l/Q% 1+-1-52

$ 23, 000.00

2.33% 6- 1-55
2*53>o 7- 1-55

1 , 000.00 1 , 325.00

2.33% 10- 1-55

200.00

3% 9- 15- 55-51
11- 1-55
2.33% 11- 1-55 2$/o 1- 1-56

800.00
30, 000.00 50.00
39, 150.00

2.33% 2- 1-56

50.00

2.33% 1+-1-56 2.33% 6 -1 -5 6

1 ,8 0 0 .0 0
350.00

2 & 6- 1-56 m > 6- 1-56

3 7 ,0 0 0 .0 0
10, 1+50.00

2.33% 7 -1 -5 6
2&% 1 2 -1 -5 6

200.00
33, 025.00

2.93% 12- 1-56

1 ,0 0 0 .0 0

2%% 1 -1 -5 7

1 ,0 0 0 .0 0

23,011+. 37
87I+.OO 1 , 158.05
177*1+0
803.25
2 8 ,9 2 0 .0 0
1+3*05 37,71+0.60
1+2.1+0 1,526.1+0
275*92 35.557*00
10,011.10
167.00 31, 638.00
835.00
955.00

- 75-

Schedule E-2-1

U. S i TREASURY BONDS (C o n tin u e d ) U. S . T reasury - S e rie s F U. S . T reasury - S e rie s F U. S . T reasury - S e rie s G U. S . T reasu ry - S e rie s F U. S . T reasu ry - S e r ie s G U* S . T r e a s u r y - S e r i e s F U. S . T reasu ry - S e rie s G U. S . T reasury - S e rie s G U. S . T reasury - S e rie s G U. S . T reasury - S e rie s F
U. S . T reasury U. 3 . T reasury - S e rie s F U. S . T reasury U. S . T reasury - S e rie s G U. S . T reasury - S e rie s G U. S. Treasury - S eries G U. S . T reasury - S e rie s 3
TOTAL U. S . TREASURY BONDS

Rate Of M atu rity

Book

M arket

I n t e r e s t D ate____________V alue__________ V alue

2.53% 2-1-27 2.93% 5 -1 -5 7
m6 -1 -3 7 2.93% 6 -1 -5 7
2^% 6 -1 -5 7
2.93% 8-1-57 f - 8 -1 -5 7
2- 1-58
2$ 7-1-53
2.93% 10-1-59 2%% 9 -1 5 -5 9 -5 6
2.93% 12-1-60
2&% 6- 15- 62-59
2fe 6-1-61 2& 3-1-61
2p6 12- 15- 72-67
2-3A % 4-1-30-75

$ 38, 500.00 I 75.OO
1 , 200.00 100.00
1 4 ,2 5 5 .0 0
5O.OO 5OO.OO 5OO.OO
4 0 7 ,7 5 0 .0 0
740.00
47, 000.00 740.00
3, 000.00 100, 000.00
75,390.00
2, 500.00
5 1 1 ,8 0 0 .0 0
$ 1 ,3 8 4 ,6 0 0 .0 0

3 1 ,6 4 7 .0 0
143.85
1 , 146.00
80.88
13. 613. 5? 4o .li4
476.00 474.50 386, 954.75 776.00 47, 058.75 754.00
2 ,9 0 8 .0 8
96, 200.00
7 2 ,5 2 5 .1 8 2 ,4 2 5 .0 0
4 9 6 ,4 4 6 .0 0
1 ,3 2 7 ,4 0 8 .5 0

TOTAL U. S . TREASURY & STATE & MUNICIPAL BONDS

$1, 536, 600.00 1 ,3 8 5 ,4 3 8 .7 0

DETAIL OF ENDOWMENT !FUNDS - CJOMMON STOCKS
F o r Y ear Ended Ju n e 30;, I 95I

Schedule E -2-2

MON STOCKS A m erican T elephone and T e le g ra p h Company B lanchard and Booth Land Company 0f F lo r id a Perkins H osiery M ills G eneral M otors C o rp o ratio n Socony Vacuum. O i l Company, Inc U nited S te e l C orporation
TOTAL COMMON STOCKS

60 shares \ share
5 shares
96 s h a r e s 50 s h a r e s
100 sh a re s
60 sh ares

Book V alue
$ 7,788.20 1.00 1 .0 0 1.00
2 ,5 0 1 .6 0 2 ,7 7 4 .1 0 2 ,7 9 2 .5 6
$ 1 5 ,8 5 9 .4 6

M arket V alue
9 ,1 8 0 .0 0
2 ,3 1 8 .7 5
2, 950.00 2, 265.00
16,7.13.75

DETAIL OF LOAN FUNDS - GOVERNMENTAL BONDS For Year Ended June 30, 1951

Schedule E-2-3

TREASURY BONDS U. S . T re a su ry - S e r ie s G
U. s . T r e a s u r y - S e r i e s G U. 3 . Treasury - S eries G u. S Treasury - S eries G
u. s . Treasury - S eries F . T reasu ry - S e rie s G u. 3 . Treasury - S eries G

Rate of M aturity I n te r e s t D ate

42%%
afe 2.33%
4%
>74

11- 1-55 1- 1-56 6- 1-56 12- 1-56
2- 1-57 6- 1-57
7-1-58

Book V alue
$ 60,000.00
85O.OO 14, 550.00
9 ,9 7 5 .0 0
4, 500.00
1 0 ,7 4 5 .0 0 1 5 ,9 5 0 .0 0

M arket V alue
5 7 ,8 4 0 .0 0
8I 9. 4O I 3. 938. 9O
9 ,5 5 6 .0 0 3 ,6 9 9 .0 0 10,261.47 15,136.55

U. S . TREASURY BONDS (C o n tin u e d ) U. S . T reasury U. S . T reasu ry - S e rie s G U. S . T reasury - S e rie s B
TOTAL U. S . TREASURY BONDS

R ate of M atu rity I n te r e s t D ate
9-15-59-56 3-1-61 2 -3 /& 4-1-80-75

Schedule E-2-3

Book V alue

k a rk e t V alu e

# 6,000.00 2 4 ,6 1 0 .0 0 5 3 ,2 0 0 .0 0

6, 007.50
2 3 ,6 7 4 .8 2 5 1 ,6 0 4 .0 0

#200,380.00 192,537.64

DETAIL OF LOAN FUNDS - COMMON STOCK F o r Y ear Ended Ju n e 30 1951

Schedule E -2-4

COMMON STOCK P itts b u r g P la o e r Cold Mine Company
TOTAL COMMON STOCK

200 sh ares

Book V alu e

#

1.00

#

1.00

M arket V alue
- 0-
- 0-

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS F o r Y ear Ended June 30 1951

Schedule E-2-5

RECEIPTS INVESTMENTS REALIZED Bonds S to c k s Real E state R eal E s ta te Note U n iv e rsity of Ga. B u ild in g s - Loans F r a t e r n i t y Homes - Loan H. H. H inton P ro p e rty Loan N orth G eorgia C o lleg e - Loan Savannah S ta te C o lleg e - Loan S tu d en t Loans TOTAL INVESTMENTS REALIZED

Endowment Funds

Loan iiisc e lia n e ous

Funds

Funds

T otal

#216,755.00 227,971.56 1,600.00 236.28 24,072.50
1 , 750.00
&72,305.5U

3 9 ,5 0 0 .0 0
1 5 ,6 0 1 .7 4 2 ,1 8 8 .2 9 255.66 877.47 1 ,1 8 7 .1 6
1 7 ,0 4 3 .3 0
76.653.62

256,255.00
227,971.56 1 ,6 0 0 .0 0 236.28
3 9 ,6 7 4 .2 4 3 .9 3 8 .2 9
255.66
877.47 1 ,1 8 7 .1 6
17. 043.30 549,038.96

INCOME FROM TRUSTS I n t e r e s t on Bonds I n t e r e s t - U n iv er. of Ga. B ld g s. Loan I n te r e s t - F r a te r n ity Loans I n t e r e s t - N o rth Ga. C o lleg e Loan I n t e r e s t - Savannah S ta te C o l. Loan I n t e r e s t - R eal E s ta te Note I n te r e s t - H. H. H inton P ro p erty D ividends on S tocks R en ts T el. & T e l. R ights I n te r e s t - S tu d en t Loans TOTAL INCOME FROM TRUSTS

# 43,013.20 8 ,8 8 2 .0 0 1 ,1 3 6 .2 5
13.72
9 ,6 9 8 .0 0 3 ,9 4 1 .3 2
128.69
# 66,813.18

4 ,2 0 6 .4 5

128.52 47,348.17

5, 065.95 (S a v in g s A c t .) 1 3 ,9 4 7 .9 5

2, 902.50

4 ,0 3 8 .7 5

1 ,1 1 2 .2 8

1 ,1 1 2 .2 8

829.84

829.84
13.72

4 9 4 .3 4
255. 5O

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

2, 301.00

128.69
2, 301.00

1 7 ,1 6 7 .6 6

128.52 8 4 ,1 0 9 .5 6

FUND TRANSFERS To From NET TRANSFERS
MISCELLANEOUS G ifts R ecoveries M iscellaneous TOTAL MISCELLANEOUS
TOTAL RECEIPTS
Cash Balanoe Ju ly 1 , 1950
TOTAL RECEIPTS AND CASH BALANCE

Endowment Funds

Loan Funds

Schedule E-2-5

M iscellaneous

Funds

T otal

* 5.750.87 22.35U .5U 22.35k.5u 5.750.87
$-10,603.07" 16,603.67

28,105,4l
28,105.141
- -

$ 9,100.00 11*0.00
67.78 $ 9,307.76""

6,880.014.
39.16 6 ,9 1 9 .2 0

$531,902.63 117,3141*.. 35

-8,068.92 1140,677.81

$523*833.71 2 5 8 ,0 2 2 .1 6

214,161.28
2I4, 16 1. 0
214,289.80 1 ,7 1 6 .0 1
2 6 ,0 0 5 .8 1

140,1141.32
II4O.OO 106. 9I4
240,308.26
673,536.78
134,324.90
807,861.68

DISBURSEMENTS

INVESTMENTS Bonds

$ 33, 000.00

Loans - C lark e H ow ell & M illed g e Annex 1459,950.00

S to c k s

8, 068.26

S tudent Loans TOTAL INVESTMENTS

$501, 018.26

6 3 ,2 5 5 .0 0 10, 128.52 1 0 6 ,3 8 3 .5 2 8 8 ,3 5 0 .0 0 (S a v in g s A c t. ) 51*8, 300.00
8, 068.26

2 2 ,7 8 7 .1 5

2 2 ,7 8 7 .1 5

1714,392.15 10, 128.52 6 8 5 ,5 3 8 .9 3

EXPENSES OF TRUST S alary of T rustee R epairs and Insurance P rizes - S ch o larsh ip s, etc* C o lle c tio n Costs T ra n sfe rs - U niv. of Ga. - G eneral

$ 1 , 500.00 1 , 098.142
988.83
1*5.00 10, 730.00

T ra n s fe rs r Univ* o f Ga. - R e s tr ic te d

10,6714.98

T ra n s fe rs - Univ* of Ga. - S p ec. R e s t. 1 3 ,7 9 9 .5 9

T ran sfers - O ther I n s titu tio n s

14,593.1+0

Charge O ffs - Loans M iscellaneous

160.18

TOTAL EXPENSES OF TRUST

$ U 3.59-.liir

385.00 912.00
2I48.32
158.75
90.06
1.796-13

TOTAL DISBURSEMENTS

$51*14, 608.66 176, 186.28

Cash B alan ce June 30* 1951

-20,7714.95 81, 835*88

TOTAL DISBURSEMENTS AND CASH BALANCES

$ 5 2 3 ,8 3 3 .7 1 258, 022.16

13,895*78
1.711+. 37 15,610.15 "

1 , 500.00 1 , 098. 1*2 1 . 373.83
957.00
10, 730.00 2u . 570.76 13. 799.59 I4. 8l4l .72
158.75
1 , 961*. 61

2 5 ,7 3 8 .6 7 7U6.533-61

267.H + 26, 005.81

6 1 ,3 2 8 .0 7
807, 861.68

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1951

Sohedule F

CURRENT FUNDS G eneral R estricted A uxiliary G eneral E xtension TOTAL CURRENT FUNDS

Cash balance J u ly 1, 1950

R eceipts D isbursem ents Cash S al ance

For Year

For Year

Ju n e 30, 1951

$ 118,031.07 3,559,537.73 3,391,587.19
93. 3U l*8l*,992.99 1*15,14L4L499
197,1461.71+ 1 ,2 0 6 ,5 3 2 .5 6 1,181*. 075.91+ 1*8,362.18 3 1 6 ,667.28 273,137.31+ $ 363.9U .33 5 ,5 6 7 ,7 3 0 .5 6 5 ,M 4 ,2 9 5 .1 j6
-76-

285,981.61
69. 6I4I . 3I4
219,918.36 91,8142.12 667,303.1*5

AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS M iscellaneous Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance
J u l y 1 , 1950
$ 196, 652+. 01
$ 318,270.2+1

R eceipts For Year

Schedule F
D isbursem ents Cash Balanoe
F o r Y ear Ju n e 30. 1951

972l,997.93 7 5 6 ,3 8 6 .2 6

9 2 0 ,8 5 6 .2 2 809.702i.52i

2 5 0 ,7 9 5 .7 2 262+,952.13

$ 1,716.01 -8 ,0 6 8 .9 2
1^0,677.81 $ 134,324.90

2l+,289.80
5 3 1 ,9 0 2 .6 3 117.32ili.35 673,536.78

2 5 ,7 3 8 .6 7
52+1+, 6 0 8 .6 6
176,186.28 " 72+6,533.61

267. 12+
-20,7721.95 81,835*88 6 1 ,3 2 6 .0 7

$ 1 ,0 1 3 ,1 9 7 .6 5 7 ,9 7 2 .6 5 1 .5 3 7,72+1,389.83 1,21+11,2+59.35

BANK BALANCES
Cash and Cash B alances G eneral R e stric te d , A u x iliary , P lant & E xtension N a tio n a l Bank of Athens C ash on Hand T ru st Funds N a tio n a l ttank of A thens C itiz e n s & S ou th ern N a tio n a l Bank of A tla n ta Cash on Hand
TOTAL

$975,287.68 207,82+3.60 $1,3.83,131*28

$ 55,578.51 2+,3 9 1 .3 6 1 ,3 5 8 .2 0

6 1 ,3 2 8 .0 7

$1,21+!+,2+59.35

STATEMENT OF AGENCY FUNDS
F o r Y ear Ended Ju n e 30, 1951

Schedule G

A lpha P h i Omega A rt A uction A rt E xhibit A tlanta C onstitu tio n B acteriology Breakage Breakage - G eneral Bureau B usiness R esearch Campus S o c i a l s Chem istry Breakage Columbus Off-Campus Commemorati ve ? 1 a te s Community C o n c e rt D em onstration School C a fe te ria Employees R etirem en t Experim ental F o re stry F aculty Flowers Family L ife Conference Farm S h o rt Course F ederal H ousing P ro je c t F e r tiliz e r Experim ent Foreign Tours

uasn balance R eceipts D isbursem ents

Cash Balanoe

J u l y 1 , 1950 F o r Y ear F o r Y ear T r a n s f e r s Ju n e 30. 1951

.02 5O.OO 1,505.62 -21.66 215.OO 2+55.99 6,936.77 127.99 638.6O
U.531.35 5.00
883.I2 1,912+. 10 2,527.2+6
1,391.2a 5.55 63.62
26+.92 8,918.36
18.69

1.565.23 2+23.2+5
2+08.72 9 ,0 1 7 .3 5
850.0 7,2+11.60
2+2+0.09 5,963.2+1 17,82+1.87 2,522.92+ 3 ,8 9 0 .6 2
88.07 200.00

1,862+. 98 386.31
2+55.28 7,338.78
II.5 0 766.96 2,975.06
5.00 988.72 7,2+72. l a 18,928.92+ 2,351.2+8 3,825.52 68.3+
89.17 1+6.00
18.69

.02 5O.OO
1,205.87 15.2+8
215.OO 2+09.2+3 8,615.32+ 116.2+9 721.62+
9 ,0 0 0 .8 9 - 0-
332+. 2+9 2+05.10 1,2+2+0.39
171.2+6
1,2+23.51 25.28 172+. 2+5 218.92
8,918.36 - 0-

1.2+5
-77-

1.2+5

F o r e s t r y Camp Founders M em orial Garden G. E . B. S o u th ern E d u catio n F ilm G. 0 . P . S o c ia l fu n d G*10 S e s q u ic e n te n n ia l G eo rg ia Power Company G eo rg ia Power Company l i g h t s G ift fo r Pharmacy Jean Grougrou John Hancock Insurance Rsv. Home E c . S c h o o l Lunch Home M anagement In d u s tria l A rts I n te r f r a te r n ity C ouncil Intram ural Laundry L ectures Lectures - S c ie n tific M ilita ry D eposits
Model Pee Movie P r o je c t M usic Ph. D. T hesis Pharmacy Breakage Phi E psilon Pi Phi Kappa Phi Physics Breakage Pi Kappa A lpha Pi Kappa Phi P o rtra it Account P re sid e n t's R eception P rizes P u b lic O ccasions R eligious A c tiv itie s R eserve Red & B lack S a le s Tax - Creamery S ales Tax - D ining H a lls S a le s Tax - E xperim ental F o re stry S a le s Tax - H o rtic u ltu re S a le s Tax - M eat C uring S a le s Tax - P o u ltry S a le s Tax - P ress S a le s Tax - P rin tin g S a le s Tax - S tu d e n t Union S a le s Tax - U n iv e rsity S to re s S h o rter Fund Sigm a Nu House Sigma P i S t a t e Home D e m o n s tra tio n Student A c tiv itie s - G eneral Student A c tiv itie s - O rchestra
S tu d en t Clubs Student Papers S tu d e n t Union Study of G eorgia Negro Towel D eposit

Schedule G

Cash balance R eceipts D isbursem ents

Cash Balance

J u l y 1 , 1950 F o r Y ear F o r Y ear T r a n s f e r s Ju n e 30, 1931

$ 1,371.56
801.65
4 ,8 2 1 .0 0 -3 6 .4 5
11.0 1 150.00
181.28
5 ,9 1 3 .8 1 505.08 555.29 538.64
5 ,4 8 2 .1 1
- 55.03
5 ,8 4 2 .8 2 976.54 3 4 .7 4
3 0 ,8 0 3 .5 7 21.68
1 ,8 5 2 .9 5 14,397.43
100.00
3.38
1 ,2 8 4 .2 1 277.75
1 ,9 0 4 .5 0
215. . 5O
60.00
2 ,0 9 2 .1 5 5 ,3 4 7 .3 5
8 0 0 .76 404. 7I
188.39 2 3 ,8 9 9 .6 0
2 ,1 2 4 .1 2
90.00
3 ,9 9 9 .9 9 233.58 175.00 242.00 -78-

1 , 069.00
1 ,4 5 0 .0 0
78, 280.22
10, 000.00
1 , 030.20
2 1 ,4 5 7 .0 8
400.00
9 ,7 5 8 .1 5 1 ,6 7 6 .4 4 1 6 ,8 4 8 .9 0 9 ,5 5 8 .6 8 6 0 ,6 4 1 .1 2
1, 500.00
60,516.85 198.10
3 ,5 4 6 .0 0 2 0 ,9 0 4 .4 7
50.00
2, 400.00 835.00 176.25
3 ,3 5 2 .2 5 2 ,6 4 0 .0 0
56.70 175.75
1 , 150.38 5, 550.00
471.23 293.77
.27
26.87 431.97
3 .7 7 15.17 2 4 .3 4 11.88 8 6 0 .8 4
387.61
3,815*33 1 ,2 5 7 .5 0 5 ,6 2 6 .7 5 154,999.33
3 ,4 1 7 .0 0 2 7 ,9 7 5 .0 0 1 2 ,8 8 1 .1 7
626.50

1 ,0 1 0 .1 8 2 ,0 1 8 .2 5
82, 018.83
2 ,8 9 0 .4 7
52.62
9 5 5 .2 0 16,026.75
9 ,7 3 7 .3 7 1 ,5 8 1 .1 6 18,028.23 9 ,2 6 5 .3 0 6 3 ,1 2 9 .6 9
2, 273.11
4 5 ,3 0 4 .5 2 177.00
4 ,4 1 9 .4 5 1 8 ,2 4 5 .8 8
3 .3 8
1 , 230.02
835.00 318.87 3 ,1 9 4 .0 0 3 ,5 4 7 .0 0
75.00 171.75
1 ,1 5 0 .3 8 5 ,6 7 5 .5 7
3 6 5 .5 4 247.15
17.82
222.36
3* 14 9 .3 8 21.47 10.38 596.15
991.76
4 ,0 1 1 .7 5 1 ,2 5 7 .5 0 5 ,6 3 7 .1 3 1 3 4 ,6 8 5 .3 4
3 ,3 9 9 .0 0 2 7 ,9 7 4 .6 7 1 1 ,8 4 6 .0 8
4 5 6 .1 9

6 0 .0 0 2 ,1 2 4 .1 2

1 ,4 3 0 .3 8 233.40
1 ,0 8 2 .3 9
-3 6 .4 5
7 ,1 0 9 .5 3
11.0 1 150.00
128.66 7 5 .0 0
1 1 ,3 4 ^ .1 4
905.08 576.07 633.92 4, 302.78 238.35 3, 354.25 203.43
34.74 46, 015.90
42.78
979.50 1 7 ,0 5 6 .0 2
150.00
- 0-
1 ,1 6 9 .9 8 - 0-
1 , 141.59 436.00 997.50 197.20 4.00
- 0- 0-
1 , 966.58 5, 347.35
105.69
46.62
.27
9 .0 5 209.61
.6 3 5.79 2.87
1.50
264.69
196. 6 l
208.29 - 0-
178.01
4 4 ,2 1 3 .5 9 - 0108.00
4, 000.32
1 ,2 6 8 .6 7
175.00
412.31

T ra ffic Fine Typing V eterans T hesis U nallocated - Student A c tiv itie s U n iv e rsity Band Vending M achine V eterans Reader S ervice V eterin ary M edicine L ib rary V ocational R e h ab ilitatio n Wei n , Amon W hite House C onference Womens S o c i a l Fund
SUB-TOTAL
Reserve R e g istra tio n D eposits Retirem ent W ithholding Tax
TOTALS

Schedule G

Cash B alance R eceip ts isbursem ents

Cash balance

J u ly 1 , 1950 F or Y ear For Y ear T ra n s fe rs Ju n e $ 0 , 1931

$ 1,160.77 -2 ,6 6 8 .0 6
800.00
1,356.14+ 237.70
- 3Q1+.69 76.90 J4O5.I5
256.O6 $149,365.40

1,145.15 1,571.20

2,563.08 2,747.27

133.

800.00

5,547.50 6,772.89

2 5 .I6

432.OO

I77.OO

100.00

26.40

376.50

436.OO

2,800.00 1,600.00

I35.OO 872.45

75.25 781.22

593,076.21' 547,693.32

2,184*12

734.72 -2 ,8 5 2 .2 5
133.34 I3I.O 5 212.54 -49.69 149.60
345.65 1,200.00
59.75 347.29 192,564.17

$ 3,765.00 12,108.91 109,011.24 104,455.14 31,414.70 272,910.48 266,523.64

3 ,7 6 5 .0 0 16,665.01
37,801.54

$196,654.01 974,997.93 918,672.10 2,184.12 250,795.72

STATEMENT OF UNEXPENDED PLANT FUNDS F or Year Ended Ju n e 30 1951

Schedule H

BALANCE, BEGINNING OF YEAR
ADDITIONS: 1, From S ta te of G eorgia f o r Pharmacy B u ild in g
2 S a le o f L ucas House
3. R efund A r c h i t e c t s F ees L ib r a r y from U n iv e r s ity
System Housing A u th o rity
4* T r a n s f e r from R e s t r i c t e d Funds
5* T r a n s f e r fro m G e n e ra l Funds
6. T r a n s f e r from T r u s t Funds 7. T ra n sfe r from A u x ilia ry Funds
TOTAL ADDITIONS

Funds fo r P lan t Debt

A dditions

S e rv ic e

$318,270.41"

25,000.00 3IO.OO

37,138.31 10,000.00
81,447.95 548,300.00
5,000.00 $707,196.26

49,190.00 49,190.00

T otal
3 8 ,5 7 tn il
25,000.00 310.00
37,138.31 10,000.00 81,447-95 548,300.00 54,190.00 756,386.26

DEDUCTIONS: 1. Expended fo r P la n t A dditions a. B uildings & A dditions to B uildings b . Improvements O ther th an B u ild in g s c . Equipment TOTAL EXPENDED FOR PLANT ADDITIONS
2. Loans R epaid to Endowment Funds
3 O th e r D e d u c tio n s
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$712,915.01 22,989.43 24,610.10
$760,514.54 '

$ $
$760,514.54

36,635.97 12,554.03 49,190.00

$264,952.13

712,915.01 22,989.43 24,610.10
760,514.^4
36,635.97
12,554.03
809,704.54
264,952.13

- 79-

SUMMARY OF INVESTMENT IN PLANT As o f Ju n e JO , 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING YEAR Expended from P lan t Funds Expended from E d u catio n al and G eneral Funds Expended from G eneral E xtension Funds Expended from A u x ilia ry E n te rp rise s A djustm ents of P rio r Years (N et) TOTAL ADDITIONS
VALUE OF PLANT, JULY 1 , 1950, PLUS ADDITIONS
DEDUCTIONS DURING YEAR P ro p e rty worn out or oth erw ise d isp o sed of Refund of A rc h ite c ts Fees from U n iv e rsity System H ousing A u th o rity TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 3 U, 1951
DEDUCT 1
Loans Payable
INVESTMENT IN PLANT, JUNE 3 0 , 1951

Schedule H -l

$1 2 , 1 7 2 , 1490.74

$760,514.54 153,716.23
8, 888.51
17,046.99 2 ,7 2 3 .3 1
"

$ 942,889.58 $ 1 3 ,1 1 5 ,3 8 0 .3 2

$ 18,000.00 3 7 ,1 3 8 .3 1

$ 55,138.31
$ 1 3 , 0 6 0 , 2142.01

973,557*77 $ 1 2 ,0 8 6 ,6 8 4 .2 4

LAND F r a n k l i n Campus 37 Acres 13 A cres 13 A cres (Jackson St.) 7 A cres (Prince Ave.) C ollege of A g ricu ltu re 150 Acres C o o r d in a te Campus 40 Acres 17 A cres TOTAL CAMPUS
Off-Campus **150 A cres (Denmark)
*870 Acres 1875 A cres (W h iteh all) 462 A cres (Hardman)
6O7 A c re s (W atson)
TOTAL OFF-CAMPUS
TOTAL LAND

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

Year A cquired

Investm ent B eginning
Of Year

A d d itions

Schedule H -l

D eductions

Investm ent End Of Year

1304 $
1937-38 1937-42 1949
1928

5 5 ,5 0 0 .0 0
19, 500.00 25, 000.00
45, 000.00

7, 000. 00( 1 )

1860
1927

45, 600.00
y 190, 600.00 7, 000. 00( 1 )

1914 1928 1936 1936 1933

4

7, 500.00 32, 650.00

18, 675.00

2, 500.00

9, 000.00

$ 70, 325.00

$ 260, 925.00 7, 000. 00( 1 )

- 80-

5 5 ,5 0 0 .0 0
19, 500.00 25, 000.00 7, 000.00
45, 000.00
45, 600.00
1 9 7 ,6 0 0 .0 6
7, 500.00 32, 650.00 18, 675.00
2, 500.00 9, 000.00 70, 325.
267, 925.00

Schedule H-2

Year A cquired

Investm ent B eg in n in g
Of Year

A dditions

D eductions

Investm ent End of Year

B . BUILDINGS

F r a n k lin Campus A cadem ic A rt Classroom A th le tic O ffice Baldwin H a ll B o i l e r Room Brown D orm itory B us, Admin. Annex C andler H all

I 9O4. i 180, 270.01

19U8

2l+, li+L*. 35

I929

I,

000.00

1938

287, 872. 71*

19U8

2.565.00

I 932

150,000.00

19l*8

29, 622.05

I 9OI

101, 356.71

180,270.01 2i+, 1I+I+. 35 1,000.00
287,872.71+ 2,565.00
150, 000.00
29,622.05
101,356.71

it

C h an cello r House
Chapel C hem istry Annex C larke Howell C lark e H ow ell Wings Commeroe-J o u rn alism
C osta Dem osthenian H a ll Denmark H a ll F ie ld House A F ie ld House B Fine A rts Garage & Shop G raduate D orm itory G reenhouse H irs c h Law Infirm ary (G ilb ert) Language & L e tte rs LeConte H a ll L ib rary (Peabody) L ib ra ry Annex Lucas House Lumpkin House Lumpkin House Annex L u s tra t House M eigs H a ll M emorial H a ll M ilita ry B uilding M illedge H all S tu d e n t Union Boys & G i r l s D< M illedge Annex M illed g e Annex Wings Moore C o lleg e New C o lle g e
Old C o lleg e Peabody H all Phi Kappa H a ll P rin tin g Shop Reed House
5 Jackson
5 Jackson
5 Jackson 5 Jackson
3 Jackson
7 Jackson

1855 1855
191*8
1937 1951 1927
1821+
I9OI 1929 1929 19l*l 191*2 I9I+O 191*8 1932 I9I+2 1938 1937 I9O3 191+8
1850
1950 191*7 I 905 I923 I93I 1921-39
I9I+0 I95I 1871+ 1823 1801
1913
I83I+
1951
1807 1937-1*2 I9I+2 1937-1+2 1937-1+2 1937-1*2 1937-12

1 0 .0 0 0 . 00 1+0, 000.00 1+8 , 360.1+1+
1+6 , 888.00
192,61+1+. 9 8
52l+,61+6*12
25,11+6.25 1 5 .0 0 0 .00 50,000.00
2, 000.00
1,000.00
365, 200.00
13,811.38 70.600.00
19,038.59 169,805.89 5,716.59 256, 866.26 lj+8,000.00
9 5 ,3 0 0 .0 0
159, 691+. 66
1+3,137.31+ 8, 000.00
10,1+91.11 1,336.96
800.00
I I , 000.00
60, 000.00
386,721.52 25,000.00 150,000.00 5,760.00 6, 1+86.30 92,000.00 222,383.1+7 70,000.00 8,366.29 60,000.00 23,125.65
101,356.72
101,087.11
1 0 ,0 0 0 .0 0 3 ,3 0 7 .8 6
5,000.00 3,000.00 i+,500.00 3,500.00 3,000.00 2,500.00 2,500.00

10, 000, 00( 2) 8 ,0 0 0 .0 0 (2 )

1+0 , 0 0 0 .0 0
1+0 , 3 6 0 . 1+1+ 1+6 , 888.'00 192,61+l+.98 52l+,61+6.12
25,11+6.25 15, 000.00 50, 000.00
2, 000.00 1, 000.00 365, 200.00 13,811.38 70, 600.00
19,038.59
175,522.1*8
256,866.26 11+8 , 0 0 0 .0 0
9 5 ,3 0 0 .0 0
159,691+. 66
1+3,137.31+
11,828.07 800.00
1 1 ,0 0 0 .0 0
6 0 ,0 0 0 .0 0
386,721.52 25, 000.00 150, 000.00 5, 760.00 6,1+86.30 92, 000.00
222,383.1+7 78,366.29 83,125.65 101,356.72 101,087.11 10,000.00
3,307.86 5. 000. 00 3. 000. 00 i+,500.00 3. 500.00 3. 000. 00 2. 500.00 2.500.00

-81-

1

Schedule H-2

Year A cquired

Investm ent B eginning
Of Year

A dditions

D eductions

F r a n k lin Campus (C o n t'd )

Stegeman H a ll Storeroom - Jackson S tra h a n House

1943 1938
1856

T e rre ll H all

1901;

W oodruff H all

1921;

Boys Dorm, (Tucker &Howel$

I l a h L i t t l e Mem, L ib r a r y

W arehouse - Ja c k so n St, 1951

TOTAL FRANKLIN CAMPUS

$ 438, 000.00 2, 000.00

12,036.49
90, 000.00 75, 000.00 9, 172.50 34, 415.00

765.99 2,723.31(3) 37,138.31(4)
6, 000.00

$ 4 ,6 6 4 ,6 5 2 .5 4 466,371.10 "55,T3B'.T1"

P r e s i d e n t s Home

$ 124, 876.82

7, 000.00

Investm ent End Of Year
438, 000.00 2, 000.00 12, 802.48
90, 000.00 75, 000.00
9 ,1 7 2 .5 0
6, 000.00
5 ,0 7 5 ,8 8 5 .3 3
\
117, 876.82

C ollege of A g ricu ltu re AAA B u ild in g A battoir Barracks (Fain) A B arracks (Dudley) B B arracks (G riggs) C 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 nelling) Camp W ilk in s C avalry Barn C avalry Barn C avai ary Barn Annex C avalry O ffice (Shack) C avalry B Sm ith Shop Connor H all D airy Products Dawson H a ll F ie ld House Food P ro c e ssin g (Canning) Food P ro c e ssin g (M eat) F orestry Four-H Club Garage near P o u ltry Bldg, G arage n e a r 1195 Lumpkin G reenhouse (Veg, & Flowers) Greenhouse (R esearch) Hardman H a ll Hoke Sm ith E x te n sio n Home Management A Home Management B Home Management C Home Management D Laundry Dry C leaning P la n t B o i l e r Room Gas House R epair Shop Lumpkin H a ll Mary Lyndon H a ll

1940
191*0 1942
1942 1942 1911 1936
1942 1948
19i*0 I 925 I 92O I 926 I 936 I 93O I 92O I 9O8
1940
I 932
1943 1934
1940
I 9I 3
1914 1948
1919
1938 1940
1940
1940 1940 1942 1942 1942 1942 1942 1829 1937

$ 50, 000.00 13, 500.00 60, 000.00 30, 000.00 30, 000.00 75, 000.00 8, 000.00 5, 000.00 5, 000.00 9, 000.00
133, 000.00 40, 000.00
7, 500.00 1 , 000.00
600.00 500.00 400.00 200, 000.00 120, 716.00
187,035.85
54, 336.61 3, 000.00
52, 190.75 122, 000.00
3, 000.00 200.00 200.00
5, 300.00 46, 227.01 45, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00
4, 500.00 2, 000.00
500.00 500.00
10, 000.00 102, 400.00
- 82-

50, 000.00 13, 500.00 60, 000.00 30, 000.00 30, 000.00 75, 000.00 8, 000.00 5, 000.00 5, 000.00 9, 000.00 133, 000.00 40, 000.00 7, 500.00 1 , 000.00
600.00 500.00 400.00 200, 000.00 120, 716.00
187,035.85
54, 336.61 3, 000.00
52, 190.75 122, 000.00
3, 000.00 200.00 200.00
5, 300.00 46, 227.01 45, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00
4, 500.00 2, 000.00
500.00 500.00
10, 000.00 102, 400.00

Year A cquired

Investm ent B eg in n in g
Of Year

A dditions

C ollege of A g ric u ltu re (Contad)

Nursery School

1940

P ain t & J a n ito r Shop

1919

P hysical Education

I 929

P lan t Pathology

I 9I 5

P o u ltry

I 9I 3

R esidence - 1195 Lumpkin

B o ile r H o u se, R ear Poultry I 9I 3

R e s ., R ear 1195 Lumpkin 191+5

R e s., 225 B urnet S t.

I 929

R e s ., 225 B urnet S t. R e s ., 21+5 B u r n e t S t .

I 929 I 929

Livestock S h elters

R.O.T.C. Classroom R utherford H a ll

I 9I+7
1939

Shop - Grounds

Soule H all

I 9I 9

U niversity Stores V eterinary B uilding V eterinary C lin ic ftl V eterinary C lin ic #2

191+3 191+7
19I+8 191-+8

V e terin ary M edicine

19I+8

W areh o u se, Rear AAA Bldg. 191+0

W arehouse, $1 on R.R.

I 9I+8

W arehouse, $2 on R.R.

I 9I+8

TOTAL COL. OF AGRICULTURE

$ 35, 000.00 500.00
153, 262.76 15, 000.00 15, 000.00 3, 000.00
200.00
800.00
1, 000.00 1 , 000.00 1 , 000.00
1+,999.99 15, 390.00 11+3, 500.00 2, 000.00 125, 000.00 3, 500.00 16, 611+. 00
1 8 ,0 0 0 .0 0
12, 015.20
1,21+9,01+3.33 251+,9 8 3 .8 1
2, 000.00 9, 000.00 9, 000.00 # 3, 1+32, 251.50 251+,983.81

C o o rd in a te Campus

Barn

1927

B radw ell H all

.1896

Carnegie L ibrary

1909

Cobb House

1909

D ozier School

19I I

Gilmer H a ll

1860

Infirm ary

1916

M iller H all

1917

Old A uditorium

1398

Pound A uditorium

1917

Pow ell House

1891+

R esidence, Foreman

1927

Senior H all (Rhodes)

1906

Shop, A griculture Smith B u ild in g

1927 1906

T raining School

1902

W hite House W innie D avis H a ll

1899
1902

TOTAL COORDINATE CAMPUS

Farms 2 H o u se s, SW p o t . Ag. *r.g. c u rin g 2 H o u se s, SW p o t . Ag. Eng. c u rin g 1 House, Instrum ent Ag. Eng.

191+1
191+1 191+1

St

5OO.OO

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

1+0,000.00

500.00.

1+5,000.00

30, 000.00 1 , 000.00

i+0,000.00

W 1+99,000. o

$

1+00.00

680.00

5O.OO
85-

D eductions

Schedule H-2
Investm ent End Of
Year
35, 000.00 500.00
153, 262.76 15, 000.00 15, 000.00
3 ,o o o .o u
200.00
800.00
1 , 000.00 1, 000.00 1 , 000.00 1+,999.99 15, 390.00 11+3, 500.00 2, 000.00 125, 000.00 3, 500.00 l 6, 6U+.00
1 8 ,0 0 0 .0 0
12, 015.20
l,5 0 l+ ,0 2 7 .ll+
2, 000.00 9, 000.00 9, 000.00 3, 687, 215. 3!

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
l+o, b o o . 00
500.00 1+5, 000.00 30, 000.00
1 , 000.00 1+0, 000.00 1+99, 000.00

50.00

Year A cquired

Farms (C ontinued)

1 H ouse, Tool-A g. Hng.

191*1 1

1 H o u se , 1 0 x l6 Ag. Hng. 191*6

1 H ouse, Exper.-A g. Eng.

1 House, E xper.-A g. Eng.

B arn, D airy-A nim al Husb. 1915

B arn , Hog-Animal Husb.

B arn, H orse-Anim al Husb.

B arn, Isolation-A nim al

Husb.

1923

B a r n , M ule-A nim al H usb. 1951*

B ullpens-A nim al Husb.

1951*

Im plem ent ShedAnimal Husb.

1920

O ffic e , Foreman's -

Animal Husb.

1927

R esidenoe A - C arlto n

Ave .-A nim al H usb.

1915

R esidence B - C arlto n

A ve.-A nim al H usb.

1915

R esidenoe - Duplex Animal Husb.

1912

R esidence A - N ear Dairy-

B arn - Animal H usb.

1912

Residence B - Near D airy

B arn - Animal Husb.

1912

R esidence C - Near D airy

B arn - Animal Husb.

1915

R esidence - N ear R.R.

1909

S cale Shed-Anim al Husb. 1929

1 B rooder House,, 16x18

P oultry
1 Brooder H ouse, 18x18

19l*0

P oultry

19l*0

1 B ro o d e r H o u se, 16x1*6 P oultry

19l*0

1 Brooder H ouse, 16x18 P oultry
6 Brooder Houses, llpcl6

19l*0

P oultry

19l*0

6 B rooder H ouses, 12xli+

P oultry

19l*0

3 Brooder H ouses, 15x16

P oultry

19l*0

3 Brooder H ouses, 16x20

P oultry

19l*0

2 Brooder H ouses, 20x20

P oultry

191*0

1 Brooder & Incubator
B ld g .-P o u ltry
1 B ro o d e r House 2l*x11-

19l*0

P oultry

191*3

1 Feed and Lab. B ld g .-

P oultry

19l*2

G rading and P acking P oultry

19l*2

Investm ent B eginning
Of Year

A dditions

200.00 1*00.00 1 , 000.00 300.00 1+0, 000.00 1 , 500.00 i+,000.00
1 , 200.00 3, 000.00
600.00
1 , 000.00
250.00
600.00
600.00
1 , 200.00
900.00
900.00
960.00 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 -8 4 -

D eductions

Schedule H-2
Investm ent End Of Year
200.00 1+00.00 1 , 000.00 300.00 1+0, 000.00 1, 500.00 l+,000.00
1, 200.00 3, 000.00
600.00
1 , 000.00
250.00
600.00
600.00
1 , 200.00
900.00
900.00
900.00 2, 500.00
250.00
1 , 100.00
1 , 200.00
600.00
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

} -G

Year A cquired

Farms (C ontinued)

K illin g and D ressing -

P oultry



59 Laying T est B ldgs.

12xl4 P o u ltry

3 Laying Houses 20x50

P oultry

1 Laying House 20x50

P oultry
6 Laying Houses ll.|x24

P o u ltry

1 Laying House 12x14

P o u ltry

10 Range Houses 11x12

P o u ltry

1 R e s id e n c e '** P o u l t r y

Hardeman M em orial F o re s t

D w elling - F o re stry

1936

Barn - F o re stry

1936

Oconee and Denmark

Barn - H o rtic u ltu re

1936

Cabin - F o re s try

1936

5 D w ellings - H o rt. Garage & Shed - H o rt.

I9bk
1936

Log C abin - F o r e s tr y

Machine Shed & Shop -

H orticulture

1938-39

N ursery B ldg. - Forestiy

O ffice - H o rticu ltu re Storage Shed - H ort.

1935
1941

Sw eet P o t a t o R o u se -H o rt. 191+2

Veg. G rading House -H ort. 1943

Watson S p rin g s

Barn - F o re stry Cottage - F o re stry House - F o re s try S to re House - F o re s try

1933 1933
1933 1933

S to r e House 42 Forestry 1933
W hitehall

Barn - Agronomy D w elling - Agronomy

1936 1936

F ie ld Shed (a) Agronomy 193

F i e l d Shed (b ) Agronomy 193&
S to ra g e H ouse - Agronomy 1936

S to rag e House - Agronomy 193
T en an t H0u se (a ) A g ro n . 1936 T en an t House (b) A g ro n . 1936 T en a n t H ouse (c ) A gron. 1936

T e n a n t H ouse (d ) A g ro n . 1936

T o o l House (S m a ll) Agrcn. 193&

T o o l H ouse (L a rg e ) Agyon. 193&
B arn (a ) A nim al H usb. 1936

B arn (b ) A nim al H u sb . 1936

Barn Feed & S cales -

Animal H usb.

1936

Investm ent B eginning
Of Year
3, 000.00
1 4 ,7 5 0 .0 0
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
600.00
1+00.00
700.00 600.00 300.00 600.00 1 , 500.00 1, 200.00
500.00 500.00
1 ,0 0 0 .0 0 100.00 100.00
1 ,0 0 0 .0 0
500.00
200.00
50.00 15.00 15.00
2 ,0 0 0 .0 0 1 ,0 0 0 .0 0
1+00.00
300.00 30.00
1+00.00
300.00 500'. 00
1, 500.00
-85-

A dditions

D eduotions

Schedule H-2
Investm ent End Of Year

3, 000.00
11+ .750.00
3, 000.00
400.00
1 ,8 0 0 .0 0
200.00
350.00 3, 000.00
400.00 100.00
2, 000.00 200.00
10, 000.00 600.00 400.00
700.00 600.00 300.00 600.00 1, 500.00 1 , 200.00
500.00 500.00
1 ,0 0 0 .0 0 100.00 100.00
1 ,0 0 0 .0 0
500.00
200.00
50.00 15.00 15.00
2 ,0 0 0 .0 0 1 ,0 0 0 .0 0
400.00 300.00 30.00 400.00 300.00 500.00
1, 500.00

Year A cquired

Investm ent B eg in n in g
Of Year

A dditions

ns (C o n tin u e d )

lite h a ll (C ontinued)

1+ Hog H ouses - A nim al

H usb,

1936

5 Hog H ouses - A nim al

Husb,

I 936

2 Tenant Houses -

Animal Hush,

1936

2 Tenant Houses -

Animal Husb,

I 936

B a rn , B r ic k - F o r e s t r y I 936

D w elling, B rick -

F orestry House 1 - F o re stry House $2 - F o re stry

1936
I 936 1936

H ouse #3 - F o r e s t r y
House $+ - F o re stry

1936
1936

Shed - F o re stry

1936

B arn, P oultry

I 936

D w elling A - P o u ltry D w elling B - P o u ltry Garage - P o u ltry

I 936 1936 I 936

Laying H ouse, 2lpell0 -

P oultry

1936

Laying H ouse, 20x130 -

P oultry

1936

20 Range H ouse, 10x10 -

P oultry

1936

1+ Range H o u se , 22x31+ -

P oultry

1936

Rem odeled P o u l t r y House 1936

Shop - P o u ltry Smokehouse - P o u ltry

I 936 I 936

TOTAL FARMS

$

2 ,0 0 0 .0 0

125.00

2, 000.00

3, 000.00 600.00

5, 500.00 600.00 J+50.00 500.00
feo .o o
300.00 2, 000.00 i+,000.00 1 , 1+00.00
20.00

1 , 200.00

1 , 200.00

1+00.00

300.00
1 ,2 0 0 .0 0 20.00 1+0.00
* 172,870.00

TOTAL INVESTMENT BUILDINGS

$ 8,893,630.86 721,351+. 91

D eductions

Schedule H-2
Investm ent End Of Year

6 2 ,1 3 8 .3 1

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 1+50.00 300.00
2, 000.00 l+,000.00 1 , 1+00.00
20.00
1 , 200.00
1 , 200.00
1+00.00
300.00
1 ,2 0 0 .0 0 20.00 1+0.00
172,870.00
9,552,81+7.1+6

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 Systems L a n d sc a p in g P r e s i d e n t ' s Home T e n n is Gour t s

3 238,369.73 1,81+0.26 38,730.1+2
126,717.67 5,200.00
15,000.00
11,1+73.51+ 12,1+32.58

TOTAL IMP, OTHER THAN BUIIDINGS $ 1+30,291.36 19,1+72.81+

D. EQUIPMENT A dm inistrative Physical P lant L ibrary In s tr u c tio n a l Departm ent O rganized R esearch E xtension D orm itories

$ 53,i+ol+.98
86,707.38
680,817.1+7 1,115,981+. 08
135,1+25.89 76,551+. 1+2
1 5 3 ,6 1 3 .5 7 - 86-

1+57.80 2 ,8 9 6 .7 0
92,562.36
5 3 ,0 1 2 .3 8 13,873.98
10,181.1+1
5,639.1+3

Schedule H-3 21+0,209.99 38,730.1+2 131,917.67
15,000.00
11,1+73.51+ 12,1+32.58
1+1+9,76!+. 20
S c h e d u le H-1+
5 3 ,8 6 2 .7 8 89,60l+. 08 773,379.83
1,168,996.1+6
li+9,299.87 8 6 ,7 3 5 .8 3
159,253.00

D. EQUIPMENT (C o n tin u e d ) D ining H a lls P r e s i d e n t ' s Home P rin tin g Press Laundry Book S to re s A th le tic D epartm ent S to r e Room V. R. A. Farm Cow T e s t i n g

Year A cquired

Investm ent
B eg in n in g Of Ye a r

A dditions

$ 65,5 5 2 .1 3 1.195.U+ 5,065*07 1,980.81

21,J+52.12
2, 789.10 89, 165.73

9,201.149

1 4 ,8 5 3 .9 6
3 7 ,6 8 0 .5 0
8, 070.50

903.73

2,773.1+2
36,1+71.1+1 10, 156.60

1 ,2 6 1 .7 9

TOTAL EQUIPMENT

| 2,587,643.52 202,061.83

TOTAL INVESTMENT IN PLANT

$12,172,490.74 949,889.58

D eductions

Schedule H-4
Investm ent 2nd Of Year

6 2 ,1 3 3 .3 1

6 6 ,7 4 7 .2 7 7 ,0 4 5 .8 8
3 0 ,6 5 3 .6 1 2 ,7 8 9 .1 0
8 9 ,1 6 5 .7 3 1 5 ,7 5 7 .6 9 3 7 ,6 8 0 .5 0
8, 070.50
2,773.1+2
46, 628.01
1 ,2 6 1 .7 9
2 ,7 8 9 ,7 0 5 .3 5
1 3 ,0 6 0 ,2 4 2 .0 1

** T h is T r a c t bo u g h t by Denmark l i n i n g H a ll and l a t e r deeded t o th e T ru s te e s *
* T his acreag e was composed o f over 50 sm all p a rc e ls o f land bought w ith a s s is ta n c e of George F o s te r Peabody by th e T ru ste e s of the Alumni A sso c ia tio n and deeded t o th e U n iv e rsity in 1928 in a sin g le deed.
(1) T ra n sfe rre d from Value of B u ild in g
(2 ) T o rn down f o r n9w b u i l d i n g s i t e
(?) A djustm ent
(!+) R efund o f A r c h i t e c t s F e e s - By U n iv e r s ity S ystem H o using A u th o r ity

-8 7

I
PART I I I AGRICULTURAL EXTENSION SERVICE
A thens, G eorgia
Schedule I - Schedule N

BALANCE SHEET June 30, 1951

Schedule I

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 Equi praent
TOTAL PHYSICAL PLANT
TOTAL ASSETS

ASSETS

$15,020*62 $ 1 5 ,0 2 0 .6 2
$ 8,090*35 $ 8,090*35 $ .2 3 ,1 1 0 .9 7 ,
$ 2 8 ,7 8 1 .1 1 $ 28,781.11
$83,3 9 2 . 8i+
$ 8 3 ,3 9 2 .8U $135,281+. 92

LIABILITIES
I . CURRENT FUNDS A. GENERAL S u rp lu s TOTAL GENERAL FUNDS
B . RESTRICTED Fund B alances 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

$ 1 5 ,0 2 0 .6 2 $ 1 5 ,0 2 0 .6 2
$ 8,090*35 $ 8,090*35 $ 23,110.97
$ 2 8 ,7 8 1 .1 1 $ 28,781.11
$83,392.81+ $ 83,392.81+ $135,281+. 92

90-

STATEMENT OF CURRENT INCOME F o r Y ear **nded J u n e 30 1951

Schedule J

A. EDUCATIONAL MD GENERAL PUBLIC APPROPRIATIONS S ta te of G eorgia R egular O perations C larke County F o r Non O ff S e t U nited S ta te s Sm ith Lever Capper-K etoham Bankhead-J ones Bankhead Flannagin A dditional C ooperative R esearch and M arketing Farm H ousing F o re s try D ept, fo r N o rris Doxey TOTAL PUBLIC APPROPRIATIONS

GIFTS AND GRANTS

T. V. A.

G eorgia ggs In c .

Four-fl Club

.*

Am erican C ancer S o c ie ty

Peanut Club

Corn Club

- G eorgia Farm b ureau

S. E . A rom atic Tobacco

Farm ers Foundation

W illiam W aterman

TOTAL GIFTS AND GRANTS

OTHER SOURCES M iscellaneous

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

G eneral Income

R estricted Income

T otal Income

116,01+8.71 4 ,3 2 0 .0 0
$20,368.71

419, 151.29
156, 817.49
3 7 ,8 5 4 .9 5
511, 085.52 505, 485.81
26, 432.70 9, 632.70
398.66
3, 240.00
1 ,6 7 0 ,0 9 9 .1 2

4 3 5 ,2 0 0 .0 0
4, 320.00
156, 817.49 37, 854.95 511, 085.52 505, 485.81 26, 432.70 9, 632.70
398.66
3, 240.00
1,690,1+67.83

$ 474 84
3, 074.40 275.00 430.36
1 , 550.00 17.25
1, 050.00 650.00
$ 7 , 521.05

3 3 ,9 3 6 .9 4
5, 000.00
7, 350.00
4 6 ,2 8 0 .9 4

3 4 ,4 1 1 .7 8
5, 000.00 3, 074.40
275.00 430.36 1 , 550.00
17.25 1, 050.00
650.00 7, 350.00
5 3 ,0 0 8 .7 9

$ 20.30 $27, 910.86

1 ,7 1 6 ,3 8 6 .0 6

20.30
1,7144,296.92

STATEMENT OF CURRENT EXPENDITURES For Y ear Bnded Ju n e 3C> 1951

Schedule K

A. EDUCATIONAL AND GENERAL EXTENSION S ta te O ff S et S ta te Non O ff S e t F e d e r a l Smi t h L ever & Bankhead Jones Bankhead F lannigan Ca p p er-K e tcham A d d i t i o n a l Co o p e r a tiv e R esearch and M arketing Farm H ousing

_______________ _________ _______ O b je c t C l a s s i f i c a t i o n

Fund C las s i f i c a t ion

O perating

G eneral R estricted S a la rie s Supplies

& Wages <&E xpense E quipm ent

$35,054.44 419,151.29
12, 035.20 3, 240.00

6 6 8 ,1 1 0 .8 0

523,822.69

-91-

37,854.95
2 6 ,4 3 2 .7 0
9, 050.02 6 4 o. oo

236,602.51 217,558.47 44.75
4 ,7 0 7 .4 7 10, 102.73 I+65.OO

6 0 9 ,9 1 2 .8 4 5 5 ,1 1 4 .7 5 3, 083.21 3 6 8 ,5 8 0 .4 2 155, 210.11 32. I 6

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

7,654.44 1,361.33

583-33

5 6 .6 7

3 4 .2 5

EXTENSION (C on tin u ed ) T. V, A. Industries T. V. A. 1950-51 Movie C onservation G eorgia Eggs In c,
TOTAL EDUCATIONAL & GENERAL

Sohedule K

Fund C l a s s i f i c a t i o n General R estricted

O bject C la ssific a tio n O p eratin g
S a la ries Supplies & Wages & Expense Equipment

$

l , 872i 93

1, 799. 91*

72.99

3 0 ,2 6 8 .70 2 8 ,1 5 1 .3 U 2, 11/7.36

5+5.30

5U5.3O

5,0148.00

l+ ,7 io .o o

338.00

U 47.0 8 9.6i41,726,0 37.38 1,326,989.91+ l4i4i.932.U1 U.20I4.67

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS F or Year Ended J une 3 0 , 1951

Sohedule L

F ed eral Sm ith Lever Movie C o n se rv a tio n Cappe r-K eto h am Bankhe a d - F la n n a g in T . V. A* A o co u n ts R e c e iv a b le T. V. A. in d u strie s A d ditional C ooperative R esearch and M arketing S ta te fo r M atching G eorgia Sggs, In c , F e d e ra l Farm H ousing W illiam s -Waterman U. S.D .A . (N orris Doxey * C larke
TOTAL

B alan ce B eg in n in g
Of Year
$ 207.79 1 ,8 9 0 .1 7
18,352.31+ -7 ,0 0 8 .8 6
-3 8 2 .2 9 0
14,317.30
123.88
2i4l.3l+
ary)

R eceipts For Year

D isbursem ents For
Year

667,903.01
37,851+.95
505, 1485.81 31, 736. 91+
2 ,2 0 0 .0 0 26,1+32.70
9 ,6 3 2 .7 0 1419,151.29
5, 000.00
398.66 7 ,3 5 0 .0 0 3,21+0.00

6 6 8 ,1 1 0 .8 0 51+5.30
37,85U .95 5 2 3 ,8 2 2 .6 9
30, 268.70
1 ,8 7 2 .9 3 26,U 32.70
9, 050.02
1419,151.29
5, 0148.00 6I4O.OO
3,21+0.00

B alan ce End
Of Year
1,3W *.87
15.1*6 -5,51+0.62
-5 5 .2 2
i+,8 9 9 .9 8
75.88
7 ,3 5 0 .0 0

n 7 .7 U l .6 7 1 , 716, 386.06 1 , 726, 037.38 8 ,0 9 0 .3 5

F e d e ra l W ithholding Tax S ta te Teachers R etirem ent F ederal R etirem ent Group L ife In su ra n c e Group H o s p ita liz a tio n R egional Film C orporation R ock E a g le 1+-H F o u n d a tio n S a le s Tax Rock E agle
TOTAL

NT OF AGENCY FUNDS Ended June 30, 1951

Schedule M

Ba la n c e Be g irin i ng
Of Year
$ 6,229.77 3,851+. 59 3,07l+.7l+ 3 0 .6 0 -1 6 .1 8 11 ,U 7 3 .3 3
$2!+,6l46.85

R eceipts For Year

D isbursem ents For
Year

B alan ce End
Of Year

85, 3214.01
59,055.61+
1414, 625. 1+8
14,875.60
9 ,5 3 6 .1 3 1+,0 2 6 .6 6
I4l . 72l4.O l
5 9 .5 8

814,11+9.35 5 7 ,7 3 7 .9 9 1+14,1+32.58
1+.906.20
9 ,5 1 9 .9 5
lU ,0 5 5 . 48
3 0 ,2 3 1 .7 2
5 9 .5 8

7,1*01*. 1+3
5, 172. 21+
3,267.61+
I,i4l4l+.51 11,1+92.29

2149,227.11

2145,092.85 28,781.11

-92

STATEMENT OF CHANGES IN CASH BALANCES
F o r Y ear Ended Ju n e 30, 1951

Schedule N

CURRENT FUNDS G e n e ra l i 1unds R e stric te d Funds
TOTAL CURRENT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance R eceipts Ju ly 1 , 1950 For Year

D isbursem ents Cash B alance
F o r Y ear Ju n e 30, 1951

$ 3 4 ,1 9 9 .4 0

2 7 ,9 1 0 .7 4

47,089.52 15,020.62

17,741.67 1,716,386.18 1,726,037.50 8,090.35

$51,941.07 1,744,296.92 1,773,127.02 23,110.97
$ 2 4 ,6 4 6 .8 5 2 4 9 ,2 2 7 .1 1 2 4 5 ,0 9 2 .8 5 28, 781.11 $ 7 6 ,5 8 7 .9 2 1 ,9 9 3 ,5 2 4 .0 3 2, 018, 219.87 51, 892.08

Bank Balances C itiz e n s & S outhern N a tio n a l Bank, A thens, G eorgia

#51*892.08

95-

BALANCE SHEET June 30, 1951
ASSETS

Schedule 0

I . CURRENT FUNDS A . GENERAL Cash in Bank U. S . Government Bonds A ccounts R eceivable TOTAL GENERAL FUNDS
B . AUXILIARY Cash in Bank Accounts R eceivable S tores (Inventory) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank N otes 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

$287,835.05 3 7 5 ,1 9 7 .8 8
10U.320.7U

$ 767,373.67

$ 9U, 090.75
3 9 ,6 5 2 .1 8 2 8 ,2 3 2 .0 8

4 161,975.01

$ 929.3U8.68

$ 13,839.82 2,QU6.U7
$ 15,886.29

$ 62,968.18

$27U, 125.98
559, 61+0.62
290,990.U 8

$1,12U ,757.08

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

BALANCE SHEET June 30, 1951
LIABILITIES

Schedule 0

I . CURRENT FUNDS A. GENERAL A ccounts Payable Purchase Orders O utstanding U nearned Income S u rp lu s TOTAL GENERAL FUNDS
B. AUXILIARY A ccounts Payable Reserve fo r S tores S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

# 260.91*
9 ,7 4 7 -5 4 32,1*59.25 72l*,905.94

# 767,373.67

# 9,339.55 28,232.08
124,405.36

$ 161,975.01

I I . AGENCY FUNDS Fund B alances

# 15,886.29

TOTAL AGENCY FUNDS

III.

PLANT FUNDS A. UNEXPENDED Purchase Orders O utstanding C ontracts N egotiated C ontracts to be N egotiated Fund B alance TOTAL UNEXPENDED

# 26, 352.02 666.66
12, 500.00
23,1449.50

6 2 ,9 6 8 .1 8

B . EXPENDED Invested in P lan t

# 1 ,1 2 4 ,7 5 7 .0 8

TOTAL PLANT FUNDS

TOTAL LIA BILITIES, SURPLUS, AND FUND BALANCES

# 929,348.68 # 15,886.29
#1,187,725.26 # 2 ,1 3 2 ,9 6 0 .2 3

96-

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atriculation Summer S e s s io n O ther S tudent Fees TOTAL STUDENT FEES

1210,590.73 5 1 0 ,3 8 9 .2 0
1 2 0 ,1 4 9 8 .5l+ 4,947*76

$ 814-6,1426.23

PUBLIC APPROPRIATIONS S ta te of G eorgia - R egular O perations

$ 250, 000.00

OTHER SOURCES I n t e r e s t on Bonds In stitu tes M iscellaneous TOTAL OTHER SOURCES

$ 3,1^9.01 2 ,5 5 5 .3 2 3 ,2 5 4 .5 7

8 ,9 5 8 .9 0

TOTAL EDUCATIONAL AND GENERAL INCOME

NON INCOME Reimbursement fo r R eader S erv ice

$

504.00

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$ 1 ,1 0 5 ,8 8 9 .1 3

Schedule P $ 1 ,1 0 5 ,3 8 5 .1 3

B. AUXILIARY ENTERPRISES BOOKSTORE OFFICE BUILDING RENTALS REFECTORY TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 187,330.65
$ 46, 671.03
$ 17,687.44

$ 251, 689.12 $ 1 ,3 5 7 ,0 7 4 .2 5

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

Schedule Q

EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL C o m p tro ller's O ffice D ire c to r's O ffice G eneral A dm inistrative R e g is tra r's O ffice TOTAL ADM. & GENERAL
STUDENT WELFARE Dean o f Men Alumni O ffic e Placem ent Bureau TOTAL STUDENT WELFARE

T otal

O bject C la ssific a tio n O perating
S a la rie s Supplies & Wages & Expense Equipm ent

$ 18,596.54 22,612.88
27,987.77 42,055.67
r 111, 252.86

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

998.17
1 , 855.01
25,221.89 4 ,8 5 6 .7 1 3 i,9 W "

97.81
26.18
1 ,9 4 4 .2 1 2 ,0 6 8 . 0

$ 12, 571.62
2 ,0 0 7 .5 4
I4, 084 68
$ 18,663.814
97-

10, 386.71
1 ,5 7 4 .2 6
3 ,9 0 1 .7 5 1 5 ,8 6 2 .7 2

1 ,0 8 3 .9 1 433.28
182.93
1, 700.12

1 ,1 0 1 .0 0 1 ,1 0 1 .0 0

A . BDUCATIOML AND GENERAL (C o n tin u e d ) PHYSICAL PLANT
LIBRARY
INSTRUCTION Dean, A rts &Sciences A rt B iology B usiness A d m inistration C hem istry E d u catio n E nglish Geography and Geology H istory Jo u rn a lism M athem atics Modern Languages M usic N ursing E ducation P h ilo so p h y P hysical Education P h y sic s P o litic a l Science Psychology S o c io lo g y Slimmer " c h o o l TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL
NON EXPENSE T ransfer to P lan t Funds Purchase of Bonds
TOTAL EDUCA. & GENERAL DISB.
B . AUXILIARY EXPENDITURES BOOKSTORE
OFFICE BUIIDING
REFECTORY
TOTAL AUXILIARY EXPENDITURES
NON EXPENSE T ran sfer from O ffice B u ild in g to P la n t Fund A ccount
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

T otal # 117,223.80 $ 54,601.85

Schedule Q

O bject ftla s s 1f i o a tio n
O perating S a la rie s Supplies it Wages & E xpense E quipm ent

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

5 2 ,8 1 9 .5 1 5, 500.11
7,364.18 25,920.87

9,885.60 6,928.82

9,310.69 8,515.82

27,487.43 18,412.90

191,729.21 174,159.58

16,566.72 9,967.37

11,362.81 10,447*64

53,950.36 53,545*74

7 ,8 2 8 .3 7 6, 589.67

13,355.36 13,077.86

5 ,8 2 2 .3 3

5 ,5 4 9 .8 8

3 1 ,6 9 5 .8 0 31, 089.90

2 3 ,3 8 7 .6 9 23, 192.73

15,464.52 14,174.10

37,190.22 33,940.95

1.W 3.53 1 ,4 5 5 .9 6

16,970.31 13,909.66
8, 235.02 6 ,5 7 9 .2 3

10, 256.87 1 0 ,1 9 1 .8 4

13. 536.15 1 3 ,0 1 7 .3 8

10,616.46 10,550.67
1 0 0 ,7 2 0 .0 4 100, 538.32

# 616,835.249 5 6 5 ,8 3 5 .8 2

2 ,7 4 2 .8 0
465.91 2 ,6 1 2 .3 3 6,154*46
2 ,3 6 1 .5 7 6 0 4 .4 2 4 0 4 .6 2
511.20
140.00
272.45 1 9 .4 0 9 5 .2 1
717.00
2 ,4 3 4 .8 7
7.57
1 ,9 2 8 .2 9
302.53
65.03
506.25 3 .2 9
181.72 2 2 ,5 3 0 .9 2

213.98 328.96 6 ,4 6 2 .2 0
11. i a 5.37
4 ,2 3 7 .7 8 310.75
727.50 137.50
586.50 99.75
573.42 814.40
1 , 132.36
1 ,3 5 3 -2 6
12.52 6 2 .5 0
28,468.75

# 9 1 8 ,5 7 7 .8 4 738,172.140 1 1 7 ,3 4 6 .5 1 63, 058.93

# 32, 000.00 100, 197.88
#1,,0 5 0 ,7 7 5 .7 2

$ 103,428.87 7 ,2 3 7 .4 0
1 6 ,3 2 8 .2 4 # 126,994.51

3,675-48 99,753.39

5 ,2 8 5 .8 5

1 ,9 5 1 .5 5

1,872.40 14,455.84

10,833.73 116,160.78


fVt 115, 000.00 # 24L ,994.51 # 1 ,0 4 5 .5 7 2 .3 5 7 4 9 ,0 0 6 .1 3 2 3 3 ,5 0 7 .2 9 63, 058.93
-9 8 -

STATEMENT OF CHANGES IN CASH BALANCES
F o r Y ear Fnded J u n e 30, 1951

Schedule R

GENERAL
AUXILIARY TOTAL CURRENT FUNDS
PLANT FUNDS AGENCY FUNDS TOTAL

Cash B alance J u ly 1 , 1950
232.7U l.6U

R eceipts For Year
1 ,1 0 5 ,8 8 9 .1 3

D isbursem ents Cash Balance F o r Year June JO, 1951
1,050,775.72 287,855.05

8U .396.lU
317, 157.78
$ 36, 000.00

251,689.12 1 .3 5 7 ,5 7 8 .2 5
1U7, 000.00

2 U l.9 9 U .5 1 1 ,2 9 2 ,7 7 0 .2 3
120,031.82

9 U .0 9 0 .7 5 3 8 1 .9U 5.8
6 2 ,9 6 8 .1 8

10,100.93

170,770.83

167.031.9U 13,859.82

363,238.71 1 ,6 7 5 ,3U9.08 1 ,5 7 9 ,8 3 3 .9 9 U 58.753.80

BANK BALANCES
Fulton N ational Bank, A tla n ta O p eratin g -Account Revenue C o lle c tio n Account S tudent Prom otion O ffice B uilding Account
C itizen s and S outhern N a tio n a l Bank, A tla n ta B o o k sto re M usic Fund A ccount R efectory
T ru s t Company o f G e o rg ia , A tla n ta S tu d en t C re d it Union
TOTAL
STATEMENT OF AGENCY FUNDS For Year ^nded June 30, 1951

1 3 1 9 ,1 9 7 .0 6
32,1+59.25 10 ,0 5 2 .9 7 3 0 ,3 72 .U 2

3 9 2 ,0 8 1 .7 0

59,165.8 7 1,901+. 86
U .552.U 6 65, 623.19

$ 1,01+8.91 U58.753.80 Schedule S

S tu d en t C re d it Union Student Prom otion Music Fund A ccount R etirem ent C o lle c tio n W ithholding Tax C o lle c tio n Group In su ra n c e
TOTAL

B alance B eginning
Of Year
% 1.36U .55 U,U38.07 3,8146.1+6
U 5 1.8 5
10,100.93

R eceipts For
Year
23,l4U9.78 36,87lt.89
U.U21+.85 2 3 .5 8 U .18 71.6U 3.00 10.79U .13
17 0 ,7 7 0 .8 3

D isburseFor
Year
23,765.1+2 3 1 ,2 5 9 .9 9
6 .3 6 6 .U 5 23.58U .18 7l.6U 3.00 10,1+12.90
16 7 .0 3 1.9 U

B alan o e Fnd
Of ^ ear
1,01+8.91 10 ,0 5 2 .9 7
1,901+. 86
833.08
13 ,8 3 9 .8 2

- 99-

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended. June 3 0 , 1951
BALANCE, BEGINNING OF YEAR
ADDITIONS: T ransfer from General Funds T ran sfer from A u x ilia r y Funds TOTAL ADDITIONS
DEDUCTIONS: Expended for P lant A dditions Land and B u ild in g s A d m in is tr a tio n B u ild in g - New C lassroom s on Roof TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Schedule T
Funds For P la n t
A dditions
# 36, 000.00
32, 000.00 115, 000.00
#114.7,000 oo
#102,365.67 17,666.15
#120, 031.82
# 62,Q 68.18

SUMMARY OF INVESTMENT IN PLANT As o f June 3 0 , 1951

Schedule U

VALUE OF PLANT, JULY L, 1950
ADDITIONS: Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Funds and in c lu d e d in C urrent E xp en d itu res TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1951

# 9l4l,666.33

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

# 183,090.75
#1 , 12)4.,757 08

STATEMENT OF INVESTMENT IN PLANT For Year ^nded June 30, 1951

Schedule U -l

Investm ent Year Beginning A cquired Of Year

A dditions

Investm ent End Of Year

A. LAND Campus
O ff Campus TOTAL LAND

I9I+5-5I I9I+5-I+7

$166,961.91
1+, 798. 1+0

102,21+0.67
I 25.OO

$171. 700.51 ' 102,305.67"

B. BUILDINGS A d m in is tr a tio n <fe C lassroom
Gymnasium DeKalb E xten sion
TOTAL BUILDINGS

191+5
I9I+7
191+2

$1+93,261.31 14+,i+2l+.i5
1+.350.00
$51+2,035.1+1+"

17, 605.18 17, 605.18

C. EQUIPMENT A d m in is tr a tiv e O f f ic e s and C lassroom s A u d ito riu m In str u c tio n a l Departments L ib rary P h ysical Plant C afeteria TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 50, 013.69 ll+ ,182.50
92,760.141 53,1+05.87
i+, 3 9 3 .1 1
13, 115.00
$227,070.58"

3 ,1 6 9 .2 0
28,1+68.75 2 5 ,9 2 0 .8 7
5, 561.08
6 3 ,1 1 9 .9 0 "

$91+1,666.33 183,090.75

269, 202.58
i+,923.1+0
272+, 125.98
510,866.1+9 i4i+,l+2l+.13
i+,350.00
559,62+0.65
5 3 ,1 8 2 .8 9
ll+, 182.5 0 121, 229.16
79,326.71+ 9,95l+. 19 1 3 ,1 1 5 .0 0
' 29 ,9i9'.1+B
l,1 2 l+ ,7 5 7 .0 8

- 101-

PART V GEORGIA AGRICULTURAL EXPERIMENT STATION
Experim ent, G eorgia
Schedule V - S chedule BB-2
103-

BALANCE SHEETJune 30, 1951

Schedule V

ASSETS

I . CURRENT FUNDS A. GENERAL C ash on Hand and i n Banks TOTAL GENERAL FUNDS

$ 7,220.31

7, 220.31

B. RESTRICTED Cash in Banks Due from T.V .A . TOTAL RESTRICTED FUNDS

$ 110, 215.63
5 ,9 0 8 .3 9

$ 116,121+. 02

TOTAL CURRENT FUNDS
I I . PLANT FUNDS A. UNEXPENDED Cash in Bank TOTAL UNEXPENDED

$ 123,3l+l+.33

$ 6,000.00 I

6 ,0 0 0 .0 0

B . INVESTED IN PLANT Land and Improvements B uildings E quipm ent TOTAL INVESTED

$235,1+67.1+0
326,77+.l4+ 1+1+6,852.22

$ l,0 0 9 ,0 9 l+ .0 6

TOTAL PLANT FUNDS TOTAL ASSETS

$1,015,091+. 06 $1,138,1+38.39

LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable O utstanding Purchase Orders S u rp lu s TOTAL GENERAL FUNDS

$ 5I+7.25
l+,038.20
2,63l+. 86 $

7 ,2 2 0 .3 1

B. RESTRICTED FUNDS Fund B alances TOTAL RESTRICTED

$116,121+. 02 $ 116,121+. 02

TOTAL CURRENT FUNDS

I I . PLANT FUNDS A. UNEXPENDED Fund B alances TOTAL UNEXPENDED

$ 6, 000.00 $

6, 000.00

B . EXPENDED Invested in P lant TOTAL EXPENDED

$1 , 009, 091+. 06
$1,009,091+. 06

TOTAL PLANT FUNDS

TOTAL LIABILITIES AND SURPLUS

104-

$ 123,3U+. 33
$1,015,091+. 06 $1,138,1+38.39

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951

Schedule W

PUBLIC APPROPRIATIONS S ta te of G eorgia R egular O perations U nited S ta te s H ato h Adams P urnell Bankhead-J ones R esearch and M arketing R egional Research
, T itle II TOTAL PUBLIC APPROPRIATIONS

G eneral Income

R estricted Income

T otal Income

$11+5,000.00 5,000.00 150,000.00
15,000.00 15,000.00 15,000.00 15,000.00 60,000.00 60,000.00 101,14.76.80 101,U76.80 120,955.28 120,955.28 l4U.688.OO 4U,688.00 21,700.00 21,700.00
tU+5';0'(%V0'(T 383lBgCTT

GIFTS AND GRANTS

Anonymous C o n tr ib u tio n

$

G eorgia Canners A sso ciatio n

J u liu s Hynan Company I n t e r n a t i o n a l M in e ra l and C hem ioal Company

K ra ft Food Company

N ational C onfectioners A ssociation

Phosphate R esearch Committee

Tennessee V alley A u thority

Production M arketing A d m inistration

R e frig e ra tio n R esearch Foundation

U n iv ersity of G eorgia

U. S . D. A.

TOTAL GIFTS AND GRANTS

*

997.88
81U.93 1,500.00 2,500.00
202.33 1,000.00
500.00
18,793-9U U, 000.00 U ,000.00 1,200.00
500.00 36,009.08

997*88
81U.93 1,500.00 2 ,5 0 0 .o a
202.33 1,000.00
5OO.OO
18,793.9U U,000.00 U,000.00 1,200.00
500.00 36,009.08

SALES AND SERVICES
B ulletins D airy Products Farm Produoe Food P ro c e ssin g E atonton Timber S a le s Eatonton L ivestock S ales H orticulture L ivestock Wool M iscellaneous Seed R evolving Meat F o rest Products
TOTAL SALES AND SERVICES

$ 26.00 9,660.87 25,636.08 8O7.UU
9UU.88 10,521.U9 1,03U.00
319.57
225.92 U.162.2U $ 55,338.1$

90.2W+.5U 10,581+. 35
5,611.83 106,l4Uo.?2

26.00
9,660.87 25,636.08
8O7.I4U 90,24U.5U 10.58U.35
94U.88
1 0 .52l.U 9 1,03U.00
319.57 5,611.83
225.92 U,162.2U 159,779.~gr

OTHER SOURCES Southern Piedm ont Rents from P ro p e rty A A . A* P a r i t y TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
NON INC(ME RECEIPTS - E sorow Funds
TOTAL EDUCATIONAL AND GENERAL RECEIPTS -1 0 5 -

$ 150.00
13,112.51 316.15
$ 13,578.60

150.00
13,112.51 316.15
13,570.66

$211,917.15 526,269.88 738,187.03

$

2,500.00 2,500.00

$211,917.15 528,769.88 7Uo.687.03

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30* 1951

Schedule X

ADMINISTRATIVE AND GENERAL C o m p tro ller's O ffice D ire c to r's O ffice G eneral TOTAL ADMIN. & GENERAL
PHYSICAL PLANT
LIBRARY
ORGANIZED RESEARCH A g ric u ltu re Economics Agr onomy Animal In d u stry Bo ta n y C hem istry E atonton P ro je c t E n tom ology Food P ro cessin g G eorgia M ountain E xper. S t a. G eorgia Crop Improvement Home Econom ics Reg. Housing P ro j. S -8 Reg. N u tri. P ro j. S-15 T itle II P oultry P roject H orticulture Prim ary S ta tio n Seed R evolving Fund
T r u s t Fund SM-7
T ru st Fund S-15 TOTAL RESEARCH
TOTAL CURRENT EXPENDITURES

Fund C la s s ific a tio n G eneral R estricted

$ 2,U8U.95
1 1 ,466.62
25,075.i46
39, 027.03

2, 767.00
5 .007.U 5 3 .6 7 3 .2 2
11.UU7.67'

$ 38.879.6U $ 3.787.23

2, 690.92

O bject C la s s ific a tio n

^S alaries O perating

And

S u p p lie s

Wages & Expense Equipm ent

5 ,2 3 9 .5 0
15.UB9.0U
6, 19U. 16 26, 922.70

12. U5 985.03
22.55U .52
23, 552.00

7,703.37 30.522.U8 653.79

3, 069.28

527.59 2,881.28

$ U .395.U 3 8U .976.81 - 2U .8lU .86 65, 246.63

18,59U.2U 66,860.91

10,606.82 30,149.97

5,U9U.22 20,i|U 0.72

7.182.U 5
2,2U 7.92
3. 030.96

U 7 .0 9 0 .1 5
13.U80.U9 3 9 ,0 9 0 .2 2

22,83U -08 3U,U3U.6U
5, 000.00

5.1U 1.9U I 6.J4U7.U 1

5 .07U .55
3, 150.00

2,084. lU

21,718.06 28.88U.53

5-57.U8 1 2 ,2 5 6 .7 7

7.652.U 9

959.32

ill. 26
131,618.46 " U78, 321. 0I

213,312.36 U92,U59.60

72, 205.31 70, 722.50 50. 1U5.67 38, 178.22
21.76U .72

14, 980.81
1 7 ,2 5 9 .6 6
28, 663.25
2 ,5 7 8 .5 7 3 ,5 6 1 .7 2

2 ,1 8 6 .1 2 2,079.33 6 ,6 U 6 .2 3
608.50

18.78U .10 1 8 ,7 6 9 .9 1 16,718.59

12,781.33 2.232.U 7 71U.61
26, 233.00 1 0 ,9 8 3 .7U U,9oU.UU

38,U 33.96 12.715.9U 6 ,1 1 8 .8 2

U .U 83.51 19 ,0 5 0 .U 6
U ,258.30
2.UU7 36 1 ,7 5 8 .9 6

5 1 6 .U9
1,975*22
61U.25 702. 6U 325.18

563.67 202.00

U l,530.59 7.06U.07 2,007.93 10,002.65 2.269.9U 5U1.66
667. 24 6 ,9 8 5 .2 5

9 5 9 .3 2

U l.26

433,447*88 133,199.69 U 3,91.90

47l.lU 3.23 1 8 7 ,8 0 1 .7 6 U 6 ,826.97

NON EXPENSE Escrow Funds T ran sfer to P la n t Fund
TOTAL DISBURSEMENTS

$ 1.369.U 7

1 ,0 0 0 .0 0 6.5 U 9 .9 7

l2 lU .6 8 l.8 3 500, 009.57

-106

STATEMENT OF OPERATION OF RESTRICTED FUNDS
F o r Y ear Ended Ju n e 30 , 1951

Schedule Y

Am erican P o ta s h Company Anonymous C o n trib u to r Escrow Funds - Timber Georgia Canners A sso c ia tio n G. P . A* P e a n u t A s s o c i a t i o n G eorgia Power Company J u l i u s Hyman Company I n t e r n a t i o n a l M in e ra l and C hem ical Company E atonton Timber S a le s Eatonton L ivestock S ales K ra ft Foods Company N ational C onfectioners A ssociation M iscellaneous C ontrib u tio n s fo r P ictu res Phosphate R esearch Committee P roduction M arketing A d m in istratio n Seed R evolving Fund S w ift and Company Tennessee Eastman C o rp o ratio n Tennessee V alley A u thority R e frig e ra tio n R esearch Foundation H atch Fund Adams Fund P u rn e ll Fund Bankhe a d -J one s F und R esearch and M arketing Fund R egional R esearch Fund T itle I I Fund U-. S . D. A . U n iv ersity of G eorgia S ta te Fund to M atch T itle I I Funds
TOTAIS

B alan ce B eginning
Of Year

R eceipts For
Year

D isburse ments fo r
Year

B alan ce End Of
Year

$ 701.95 139.06
207.82
19, 15i+. 28
1 ,0 8 3 .7 1
1+, 81+5.18 3,1+95.08 9,1+09.82
685.OO
581+.52
1 2 ,3 2 3 .9 6 765.01+ 871+.37
-2 ,9 0 6 .0 9
3, 691.61
i+,325.18 9 ,9 1 5 .8 6 9,1+06.62
2 ,7 5 2 .3 5

997.88
2, 500.00 8H +.93
1 , 500.00 2, 500.00
90,2i+l+.5l+ 10,581*. 35
202.33 1 ,0 0 0 .0 0
500.00 i+,000.00 5, 611.83
18,793*91+ i+,000.00
15, 000.00 15, 000.00 60, 000.00 101, 1+76.80
120,955.28 l+i+,688.00
21, 700.00 500.00
1 ,2 0 0 .0 0
5, 000.00

811.19 1 ,0 0 0 .0 0
1+58.21
15,281.83
61+1+.17
2+9.50 i+,050.28 3 7 ,6 8 0 .3 3
9,1+09.82
202.33
61+1+.93
685.OO 1, 070.81
3,91+8.62
7,652.1+9
765. 01+
871+.37 21,796.21+
6 ,6 2 1 .9 2
15, 000.00 15, 000.00
6 0 ,0 0 0 .0 0 101,1+76.80
lll+,7l+7.10 1+5,510.62 26,01+0.1+1+
500.00
1,01+2.07
6,837.1+6

701.95 325.75
1 , 500.00
561+.51+ 3,872.1+5
1+39.51+
1 , 250.50
3,291+. 90 56,059.29
10, 58!+. 35
355*07
13.71 51.38
10, 283.30
-5 ,9 0 8 .3 9
1 , 069.69
1 0 ,5 3 3 .3 6 9,093.21+
5, 058.18
157.93
91I+.89

181,1+55.32 5 2 8 ,7 6 9 .8 8 5 0 0 ,0 0 9 .5 7 110, 215.63

W ithholding Tax R etirem ent Fund Group In su ra n c e Employees Bond A ccount
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1951

Schedule Z

B alan ce B eginning
Of Year

R eceipts For
Year

D isbursements fo r
Year

B alan ce End Of
Year

$

29,573.67 29,573.67

13,53l+. 02 13*531+. 02
1+,I+96*98 l+,l+96.98

2,606.25 2,606.25

$

50, 210.92 50, 210.92

107

STATEMENT OF CHANGES IN CASH BALANCE F o r Year Ended. Ju n e 3 0 , 1951

S c h e d u le AA

CURRENT FUNDS G eneral R estricted TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash b alance R eceip ts D isbursem ents Cash

J u l y 1 , I 95O F o r Y ear

For Year Balance

9,981+. 99 2 1 1 ,9 1 7 .1 5 81,1+55.32 52 8 ,7 6 9 .8 8
191,14+0.31" 71+0, 687.03

$ 7, 700.00

9,919.14+



5 0 ,2 1 0 .9 2

99,11+0.31 8 0 0 ,817.39

211+,681.83 500,009.57 71+, 6 9 1 .1 $
11,619.14+
50, 210.92
7 7 6 ,5 2 1 .7 6

7, 22031 110, 215.63
117,1+35.91+ 6 ,0 0 0 .0 0
123,1+35*91+

BANK BALANCES
ro vvj v aou S ta te Bank, G r if f in , G eorgia - E d u c a tio n a l and G eneral A ccount C o m e r c i a l Bank and T r u s t Company, G r i f f i n , G e o rg ia - R d uca.and G e n e ra l A0Ct . Com m ercial Bank and T ru s tCompany - Agency Funds Com m ercial Bank and T ru s t Company - Seed R evolving Fund C itiz e n s and Southern N a tio n a l Bank, Macon, G eorgia - Escrow Account

I 29,742*97 12,560.00 69,149.67 1 0 ,2 8 3 .3 0
1 ,3 0 0 .0 0
123,1+35.91*

STATEMENT OF UNEXPENDED PLANT FUNDS
F o r ^ e a r **nded Ju n e 30, 1951
BAIANCE, BEGINNING OF YEAR
ADDITIONS * 1. Government A p p ro p ria tio n - S ta te 2. T ran sfe r from G eneral Funds TOTAL ADDITIONS
DEDUCTIONS 1
1. Expended fo r P lan t A dditions B u ild in g s and A d d itio n s to B uildings - Greenhouse
BALANCE, END OF YEAR

S c h e d u le BB
fc'unds F o r P la n t
A dditions TTTTT
2, 000.00
7,919.14+ 9,9i9.1
11, 619. 14+ 6, 000.00

-108'

SUMMARY OF INVESTMENT IN PUNT As o f June 30, 1951
VALUE OF PU N T, JULY 1 , 1950
ADDITIONS DURING YEAR 1. Expended from P la n t Funds 2. Expended from E d u catio n al and G eneral Funds and In clu d ed in C u rren t E xpenditures 3. G ifts of P lan t A ssets 4 . A djustm ent fo r P rio r Years TOTAL ADDITIONS
VALUE OF PU N T, PLUS ADDITIONS
DEDUCTIONS DURING YEAR
1. P ro p e rty worn out or o th erw ise d isp o sed of
TOTAL DEDUCTIONS
NET INVESTMENT IN PLANT, JUNE 3 0 , 1951-

S c h e d u le BB?-1

9 6 7 ,8 0 5 .2 7

$ 1 1 ,6 1 9 .1 j4
46,826.97 3,14-00.00 4 ,9 3 4 .3 1

$ 66,780.72 $1,0314,585.99

$25,1491*93

$ 25,14.91.93 $ 1 ,0 0 9 ,0 9 ^ .0 6

STATEMENT OF INVESTMENT IN PUNT For Year Ended June 30, 1951

S chedule BB-2

LAND

G eorgia Experim ent S ta tio n

123

acres

335*56 acres

2I4O

acres

251.6 a c r e s

9

acres

6I4.I 4 a c r e s

90

aores

G eorgia M ountain S ta tio n

200

acres

177

aores

TOTAL UND

Year Investm ent

Investm ent

Ac q u ired Be g in n in g

End Of

Of Year A d d ition s D eductions

Year

1889 1937
I 9U I 9I+2 I 9I4.3 I 9I+5 I 907
1932
1940

$223,142.40
5, 500.00 6, 825.00 $235, 1467.240

223, 142.40
5, 500.00 6, 825.00
235,467.40

BUILDINGS F ly n t A uditorium S o il Laboratory N u tritio n Laboratory Old H o rtic u ltu r e B u ild in g New H o r t i c u l t u r e B u ild in g D airy B uilding Cow T e s tin g B u ild in g C a ttle S leep in g Barn C a ttle Sleeping Barn Swine B arn P o ta to S to rag e House S la u g h te r House U tility Barn Agronomy Green House Chem. and H o r t. G reenhouse Botany Greenhouse

I 929 $ 60, 000.00 1, 900.00

3, 000.00

1940

8, 000.00

3, 000.00

1948

50, 000.00

1940

8, 000.00

1, 000.00

500.00

5, 000.00

2, 000.00

700.00

400.00

2, 000.00

1 , 500.00

2, 000.00

-1 0 9 - 5, 000.00

60, 000.00 1 , 900.00 3, 000.00
8, 000.00 3, 000.00 50, 000.00 8, 000.00 1, 000.00
500.00 5, 000,00 2, 000.00
700.00 400.00 2, 000.00 1 , 500.00
2, 000.00
5, 000.00

B. BUILDINGS (C o n tin u e d ) Mud B u ild in g G eneral Storage B uilding Mule B arn F e r tiliz e r and Seed Barn M achinery Shed and Mule Barn D rying House Sanford Barn New Gin House Food P ro cessin g L abo rato ry R esidences and Tenants W eighing O ffic e and Shed Barn Im plem ents Shed Peach Packing and Implement Shed B arn Agronomy Im plem ent Shed Forage Crop and G rain D ryer Sheep Shed C a ttle Feeding Sheds Mule F eed in g Shed Pump H ouse T r a ile r s (Housing) New G reenhouse In se c to ry Ga. M ountain S ta tio n U tility O ffice Community C annery Shop and F e r t i l i z e r House O ffice L ivestock Barn Two R e s id e n c e s Cow B a rr F o re s t T ool House Storage C e lle r E x h ib it Sheds P ottery D airy B uilding Three R esidences Garage C alf Barn D airy Barn Sheen Shed L iv esto ck Barn and Mac. Shed TOTAL BUILDINGS
C . EQUIPMENT T r a i l e r Oamp A dm inistrative A g ric u ltu re Economics Agronomy Animal In d u stry
B o tan y Chem istry E atonton Area P ro je c t

S c h e d u le BB- 2

Investm ent

Investm ent

Year B eginning

End Of

A cquired Of Year A dditions D eductions Year

i 19U1
I 95O 19l*6 191*8
191*9 191+9 191+9
1950 1950

$ 1 , 300.00 2, 000.00 3, 000.00 3, 500.00 2, 500.00 1 , 500.00 6, 000.00 6, 000.00 25, 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
11,619* 1+1+
800.00

19I+8 19I+8
191+8 191+8
19I+9
191+9
19I+9

7I+O.OO
7 ? 5 .0 0
200.00 1 , 000.00
625.OO 3, 000.00
25.00 20.00 200.00 I 3O.OO 1I+0.00 l+,500.00 1 , 600.00 50.00
1+00.00
3, 250.00 750.00
1 ,0 0 0 .0 0
#311+,355.00 1 2 ,i+ 1 9 .0 + '

1 , 300.00 2, 000.00 3, 000.00 3, 500.00 2, 500.00 1 , 500.00 6, 000.00 6, 000.00 25, 000.00 70, 000.00
600.00 L ,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.D 0
5, 500.00
11,619.1*1+ 800.00
7+0 .00 725.00 200.00 1 , 000.00 625.00 3, 000.00
25.00 20.00 200.00 130.00 li+0.00 1+, 500,00
1 ,6 0 0 .0 0
50.00
1+00.00
3, 250.00 750.00
1 ,0 0 0 .0 0
326,771*.1+5

1 , 095.75

5,068.78 1,153.79

11,-037.21+ 2 ,1 8 6 .1 2

70,095.66 2,079.33
9 8 ,8 8 3 .3 5 6,61+6.23

21,61+2.1+2 36,376.75

608.50

58,1+21.00 2 0 ,3 5 2 .9 0

.1+5
I 83.86
1 ,3 8 7 .2 9
1 , 205. 1+0
1 ,0 5 9 .8 9
5, 092.52 1 , 603.90

1, 095.30 6, 038.71 11, 836.07 70, 969.59 105, 569.69 17, 550.00
3 5 ,3 8 1 .3 5 7 8 ,7 7 3 .9 0

-110

C. EQUIPMENT E nto m o lo g y Food P ro cessin g G eorgia M ountain S ta tio n Home Econom ics H orticulture LibraryPrim ary S ta tio n TOTAL EQUIRffiNT
D. GIFTS Ju ice C oncentrator
TOTAL INVESTMENT IN PLANT

Schedule BB-2

Investm ent

Investm ent

Year Beginning

End Of

Aoquired Of Year A d d itio n s D eductions Year

# 7,+29.83 7 1 4 .6 1 91+5.71+ 16, 9^ 0.05 4,90l+ .44 1 ,4 1 2 .2 4
25,1+27.30 6 ,1 1 8 .8 2 7,1+98.87
18,166.141+ 7 6 5 .6 7 1 ,2 6 6 .4 1
24, 311~10 2 ,0 0 7 .9 3 91+9.28 18, 201.25 2 ,8 8 1 .2 8 2, 731.28 1+,885 .9 5 51+1.66 1 ,1 5 4 .9 0 $427,962.87 50, 961.28 25,1+91.93

7 ,1 9 8 .7 0 20,432.25 24,047.25 1 7 ,6 6 5 .7 0
25,369.75 1 8 ,3 5 1 .2 5
4, 272.71 443, 452.22

#

3, 400.00

3, 400.00

#967,805.27 66,7 3 0 .7 2 25,491*93 1,0 0 9 ,0 9 4 .0 6

-111-

PART VI GEORGIA COASTAL PLAIN EXPERIMENT STATION
T ifto n , G eorgia
S c h e d u le CC - S c h e d u le HH-2
113-

BALANCE SHEET
Ja n e 30, 1951

S c h ed u le CC

I . CURRENT FUNDS A. GENERAL Cash in Bank TOTAL GENERAL FUNDS
B . RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
I I . PLANT FUNDS A. UNEXPENDED Cash in Bank
B . EXPENDED Land B uildings E quipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

ASSETS

$ 8, 07363 4 8, 073.65
$ 9*330*25 $ 9,350.25

4 1 1 ,O il|.38

$181+,675.1jO 39l+,676.88 219, 098.22

$798,1+50.50

4 17.I403.90
I 809. 1461+.88 $826, 868.78

LIABILITIES

I . CURRENT FUNDS A . GENERAL Accounts Payable Purchase O rders O utstanding S u rp lu s TOTAL GENERAL FUNDS

$

34.62

6 ,8 2 6 .7 7 1, 212.26

$ 8,073.65

B . RESTRICTED Fund B alances
TOTAL CURRENT FUNDS.

$ 9. 33O.25

$ i 7.l 4O3. 9O

I I . PLANT FUNDS A . UNEXPENDED Fund Balanoe

$ 11, 0114.38

B. EXPENDED Invested in P lant
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$798,1+50.50

$809,l461+.88 $826, 868.78

114

STATEMENT OF CURRENT INCOME For Year ^nded June 30, 1951

S c h e d u le DD

PUBLIC APPROPRIATIONS S ta te of G eorgia R egular O perations

G eneral Income

R estricted Income

T otal Income

$2014-, 666.6 5

204, 666.65

GIFTS AND GRANTS FROM PRIVATE SOURCES D onations fo r T urf P ro je c t

*

8, 700.00 8, 700.00

SALES AND SERVICES A g ric u ltu ra l E ngineering Agronomy Animal Husbandry Animal Pathology D airy Farm Forage and P astu res Grass B reeding H orticulture P lan t Pathology Range G rating Shade T0b aco o Seed C e rtific a tio n S oils Tobacco TOTAL SALES AND SERVICES

$ 832.93
6, 926.05
4 8 ,4 4 7 .2 8
677.83 1 7 ,9 2 1 .8 5
20, 289.10 176.92 I4O.OO
5 ,9 0 5 .8 0
14*77
709.02
8 ,9 0 2 .3 5
235.OO I 7I.O 9
9 ,3 0 1 .1 3
? 120, 551.12

832.93
6, 926.05
4 8 ,4 4 7 -2 8 677.83
17,921.85
20, 289.10 176.92 40.00
5 ,9 0 5 .8 0
14.77
709.02
8 ,9 0 2 .5 5
235.OO I7I.O 9
9 ,3 0 1 .1 3 1 2 0 ,5 5 1 .1 2

OTHER SOURCES

AA A

Rents from P ro p erty

T im ber

TOTAL OTHER SOURCES

TOTAL CURRENT INCOME

$ 187.00
2 ,2 9 3 .0 0
1 , 378.06
$ ' 3,858.'<56
$329, 075.83

8, 700.00

187.00
2 ,2 9 3 .0 0
1 , 378.06 3, 050.06
337,775.83

STATEMENT OF CURRENT EXPENDITURES F or Year Ended June 30* 1951

S c h e d u le EE

ADMINISTRATIVE AND GENERAL D ire c to r's O ffice G eneral TOTAL ADMIN. &. GENERAL

Fund G la s s ific a tio n G eneral R estricted

O bject C la ssific a tio n
O perating S a la rie s Supplies & Wages & Expense Equipm ent

$ 13,500.73 8 ,8 4 5 .9 1
$ 22,346.

12, 826.62
2 ,1 7 3 .8 6
i 5.OOO.i48

674.11 6,1463.91
7, 138.02

208.14
208.14

PHYSICAL PLANT P lan t O peration
LIBRARY

$ 29, 740.62
li.659.15

1 1 , 113.25
2 ,7 6 7 .9 1

17, 452.61
1 ,5 8 9 .4 0

1 ,1 7 4 .7 6
301.82

115

STATEMENT OF CURRENT EXPENDITURES
F o r Y ear ^nded Ju n e 30, 1951

S c h e d u le EE

O bject C la ss ific a tio n

O perating

ORGANIZED RESEARCH

Fund g la s s if ic a tio n S a la rie s S u p p lies G eneral R e s tr ic te d A Wages & Expense Equipm ent

A g ric u ltu ra l E ngineering

$ 6,600.68

Agronomy

23. 265.i 4O

Anim al Husbandry

6 4 ,9 8 4 .1 9

Animal P athology A pioulture

12,923.59
1, 521+. 00

D airy

14,108.29

E ntom ology

4 ,3 8 5 .2 9

Farm

1 3 ,7 7 1 .6 5

Forage and P astu res

1 0 ,0 6 0 .1 6

G ra s s Br e e d in g

10,314.09 4,250.53

H o rticulture

4 0 ,8 1 4 .7 3

H em atology

1 ,1 6 7 .8 0

P lan t Pathology

* 6 ,056.94

Range G razing

8 ,9 9 3 .0 7

Seed C e rtific a tio n

4 ,2 0 6 .7 6

Shade 1 obacoo

2 6 ,3 5 8 .9 1

S oils

9 ,3 1 5 .2 3

T obacoo

1 1 ,1 0 4 .5 4

TOTAL ORGANIZED RESEARCH ? 2 6 9 ,9 5 ^ .3 2 4 . 250.53

5 ,5 2 8 .2 7
17, 845.79 22, 391.50 4, 629.95 1, 350.00
2 ,5 9 7 .6 0
4 ,5 0 8 .6 3
8, 325.23
7 ,5 3 5 .5 3 9 ,5 6 1 .6 9 3 2 ,3 5 4 .2 6
1 ,1 5 5 .7 4
5 ,2 6 1 .7 3 4 ,6 5 4 .5 1 3 ,7 1 3 .8 0
1 7 ,8 6 5 .8 7 7 ,4 5 5 .0 7
8,2144.87 14 ,9 6 o. Ok

1 ,1 4 2 .0 0 3 ,6 9 4 .6 1
30. 95it.95
6 ,5 3 8 .7 2
4 .7 3 1 1 ,1 3 5 .5 1
83.66
5 ,4 2 8 .5 5
1 , 691.64
1 ,6 2 4 .8 6
6 ,4 3 9 .7 6 12.06
477.38 4 ,1 4 8 .5 6
4 6 1 .1 4
7, 671.25
1 .5 5 9 .9 9 - , ,?.5it3.03
65,612.70

-6 9 .5 9 1 ,7 2 5 .0 0
1 1 ,6 3 7 .7 4 1,754.92
169.27 375.18
- 207.00
17.87 832.99 3 ,3 7 8 .0 ? 2 ,0 2 0 .7 1
317.83 I 9O.OO 31.52
821.79
3O O .I7
316.64 "53',13. H

NON EXPENSE T ransfer to P lan t Funds

# 3 2 6 ,7 0 1 .7 1 4 ,2 5 0 .5 3 193, 861.68 1 1 1 .7 9 2 .7 3 2 5 .2 9 7 .8 3
# 10,000,00

TOTAL DISBURSEMENTS

#336,70171 4 ,2 5 0 .5 3

STATEMENT OF OPERATION OF RESTRICTED FUNDS
F or Y ear Ended Ju n e 30, 1951

S c h e d u le FF

U. S . G olf A s s o c ia tio n Fund TOTAL

B alan o e B eg in n in g
Of te a r
# 4 ,8 8 0 .7 8
# 4 ,8 8 0 .7 8

R eceipts For
Y ear**

D isburseFor
Year*

8, 700.00 8, 700.00

4. 250.53
4 ,2 5 0 .5 3

B alan ce End
Of te a r
9 .3 3 0 .2 5
9 ,3 3 0 .2 5

* Included in E ducatio n al and G eneral E xpenditures ** In c lu d e d i n E d u c a tio n a l and G en eral Income

-116

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1951

Cash b alan ce J u ly 1, 1950

R eceipts For Year

S c h e d u le GG
\ D isbursem ents Cash Balance
For Year June 3 , 1951

CURRENT FUNDS G eneral R estricted TOTAL CURRENT FUNDS

$ 1 5 ,6 9 9 .5 3 1*,880.78
$ 20,86.ir

329,075.83
8, 700.00
3 3 7 .7 7 5 . B3

336,701.71 i+,250.53
3i*,9$2.a*

8, 073.65
9 ,3 3 0 .2 5 i7 ,l* o 3 .9 0

PLANT FUNDS

$32,920.78

30,Qp0.00

51, 906. 1*0 11,011*. 38

TOTAL

$53,501.09 3 6 7 ,775.83 392,858.61* 28,1*18.28

BANK BALANGE
Bank of T ifto n , T ifto n , G eorgia E d u c a tio n a l and G eneral Account

$28,1+18.28

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1951
BALANCE, BEGINNING OF YEAR
ADDITIONS 1 G o v ern m en tal A p p r o p r ia tio n S tate 2, T ran sfer from C u rren t Funds TOTAL ADDITIONS
DEDUCTIONS 1. Expended fo r P la n t A dditions a . Land h . Animal D isease L aboratory c . A rc h ite c t's Fee TOTAL DEDUCTIONS
BALANCE, END OF YEAR

S c h e d u le HH
Funds fo r P lant
A dditions $32,920.78
20,000.00 10,000.00
$30, 000.00
$ 3, 000.00 1*6, 706. 1*0
2, 200.00
$51,900 1*6' $11, 011*. 38

117-

SUMMARY OF INVESTMENT IN PLANT
As o f Ju n e 30, I 951
VALUE OF PLANT, JULY 1 , I 950
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Funds and included in C urrent E xpenditures fo r m iscellaneous hog houses, h o tbeds, shade houses, in sectaries Expended from E d u c a tio n a l and G eneral Funds and in clu d ed in C u rre n t E x penditures TOTAL ADDITIONS
VALUE OF PU N T, PLUS ADDITIONS
DEDUCTIONS DURING YEAR Two s m a ll b u i l d i n g s d em o lish e d Equipment Expended TOTAL DEDUCTIONS
NET INVESTMENT IN PU N T , JUNE 3 0 , 1951

S c h e d u le HH-1 $718,82u 28
$49 ,'706.140

5 ,3 3 8 .0 0 25,297.83

# 8 0 ,3+2.23 #799,166.51

300,00

1

ia.6.01

# 716.01

*798,lj.50.50

STATEMENT OF INVESTMENT IN PLANT F or Year Ended June 30, 1951

S chedule HH-2

A . LAND 206.22 A O rig in a l T ra c t 62.97 A T i f t #1 T ra c t 61.60 A T if t #2 T ract 109.50 A Henry T if t T ra c t
56.77 A M itc h e ll T ract 211+.70 A C h o ate T r a c t 165.00 A C ollege T ra c t 552.90 A Carson T rac t
2.25 A T ifto n R ealty T ra c t 1 .0 0 A Fulwood T ra c t 67.00 A Cook County T ra c t 28.13 A Grimes T ra c t
4.62 A S a n d e rs T r a c t 1428.08 A D e c a tu r Co. T r a c t II4J8O.I4.O A A lap ah a T r a c t
1+7* 00 A A lap ah a T r a c t 53.50 A A lapaha T raot 1223.30 A A lapaha T rao t
5114.00 A C a rp e n te r T r a c t
5000 A Cumby T r a c t 5 2 7 5 .9 2 A TOTAL LAND
BUILDINGS Research B uilding E xtension B uilding Greenhouse G reenhouse Feed Sample House

Investm ent Year Beginning A cquired Of Year

investm ent End
A d d itio n s D eductions Of Year

I 919 1 20, 622.00

I 925

6, 297.00

I 932 6, 160.00

1935 10, 950.00

1935

5 ,6 7 7 .0 0

1936 10,735.00

1937 16, 500.00

1937 36,3 9 5 .0 0

1937 1937

225.OO 300.00

1938

2, 675.00

I 9I4O 5, 626.00

I 9I4O 1 , 600.00

1939
I 9I+I I 9I4I

10, 626.50 II 4, 8OI4. 00 1 , 175.00

I 9I4I

567.75

I 9I4I 12, 81414.65

I 9I4I 17, 895.50

I 95O

# 181, 675.140

3, 000.00 3, 000.00

20, 622,00 6, 297.00 6, 160.00

10, 950.00 5, 677.00 10, 735.00
16, 500.00 36, 395.00
225.00

300.00

2, 675.00
5, 626.00 1, 600.00
10, 626.50 14, 8OI4. 00

1 , 175.00

567.75

13

i 2. 8l4L4.65

17, 895.50

3, 000.00

1614,675.140

1937 $ 60, 000.00 1922 146, 500.00

4,000.00
15, 337.00

-1 1 8 _

200.00

6 0 ,0 0 0 .0 0
14 '500.00
4,000.00
15, 337.00
200.00

M

M il

f Sohedule HH-2

Investm ent Year B eginning Acquired. Of T ear

Investm ent End
A dditions D eduotions Of Year

B . BUILDINGS (C o n tin u e d )

E n g in e e rs Shop

* 1, 000.00

W eather B ureau House

100.00

S u p erin ten d en t' s D w elling

A ,000.00

Farm M achine Shed

L;

Nematology Shop

J.

Car Shed

1, 000.00 750.00
1, 600.00

Main B arn H o rtic u ltu re Barn

6 , 000.00 500.00

If

Employees C o tta g e s, 6 @ 2,000 Gin and Seedhouse

P o ta to C tiring House

Tohaooo Packhouse

12, 000.00
7. 650.00 3. 000. 00 3, 1+00.00

Tobacco F e r t i l i z e r House

85000

Tobacco C uring Barn

il

Tobacco C uring Barn

' i

Tobacco during Barn

200.00
300.00 333.00

I

Tobaooo C uring Barn

Tobacco C uring Barn

Tobacoo Curing B arn, T ile

Employees C ottage

Tobaooo Packhouse

300.00 300.00 500.00 1 . 500.00
300.00

Employees C ottage

800.00

S o ils Laboratory

19^9

1 .8 0 0 .0 0

jfl

Employees C ottage

\

Employees C ottage

H o r tic u ltu r e Main Barn

Employees C ottage

Grass B reeding Barn

:

Pump H ouse

Garage

Agronomy S to ra g e B arn

600.00
500.00 4. 000. 00
400.00 400.00
50.00 400.00 1 . 000. 00

Shed and S to rag e Barn Employees C o tta g e s , 2 @ 2,000

2. 000. 00
4. 000. 00

a

Agronomy B a rn s, 3 @ U*000

Forage and P a stu re s S to rag e Barn

1 2 .0 0 0 .

00

200.00

F e rtiliz e r B uilding Employees C ottage Employees C ottage

1, 000.00 550.00
1 . 500.00

Employees C ottage

2 .8 0 0 .0 0

Employees C ottage Employees C ottage Employees C ottage

2 ,8 0 0 .0 0
3. 000. 00 350.00

Employees C ottage Employees C ottage D airy Barn B reeding Barn

200.00
300.00 27, 500.00
400.00

B ull Shed

200.00

a >0 'IS
JM

B u ll Shed S u p e rin te n d e n t's C ottage
Employees C ottage Employees C o tta g e s, 2 @ 2,000 Employees C o ttag e A nim al H usbandry, H orse &Mule B arn
A nim al H usbandry, Machine Shed

--119

200.00
4 . 000. 00 400.00
4. 000. 00
2 ,8 0 0 .0 0
8. 000. 00 1, 000.00

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. 400.00
850. 0
200.00
300.00
333.00 300.00 300.00 500.00 1. 500.00 300.00
800.00
1 .8 0 0 .0 0
600.00
500.00 4. 000. 00
400.00 400.00
50.00 400.00
1 .0 0 0 . 00
2, 000.00
4. 000. 00
1 2 .0 0 0 . 00
1, 000.00 550.00
1 . 500.00
2 .8 0 0 .0 0
2 ,8 0 0 .0 0
3. 000. 00 350.00
200.00
300.00 27, 500.00
400.00
200.00
200.00
4. 000. 00 400.00
4. 000. 00
2 ,8 0 0 .0 0
8 .0 0 0 . 00
1 ,0 0 0 .0 0

Schedule HH-2

Investm ent

Year Beginning

A cquired Of Year A dditions

UIIDINGS (C o n tin u e d )

Animal H usbandry, Corn C rib

$ 1, 000.00

Animal H usbandry, Shop

200.00

Animal H usbandry, Cowbarn

2, 000.00

Animal H u sb ., Feed and M ill House

2 ,8 0 0 .0 0

A nim al H u sb a n d ry , Cow B arn

3, 000.00

Animal H usbandry, S to rag e Barn

300.00

Employees C o ttag e

1+00.00

Employees C o ttag e

1 , 000.00

Storage Barn

200.00

Employees C o ttag e

200.00

Employees C ottag e

2, 000.00

Storage Barn

100.00

Employees C ottage

3, 300.00

Garage and Barn

100.00

S torage Barn

500.00

Mule and S to ra g e B arn

500.00

Cow and S to r a g e Ba n

1 , 200.00

Employees C o ttag e

2, 500.00

Tool House and Shop

100.00

Animal d is e a s e L ab o rato ry

1950 23,l+8l+.i+8 1+6, 706. 1+0

Animal House Feed House

1 ,8 0 0 .0 0
200.00

Syrup House

100.00

COOK COUNTY TRACT

Employees C ottag e

2, 500.00

Barn

400.00

Shed

100.00

DECATUR COUNTY TRACT

O ffic e and Tobacco S to rag e B u ild in g

6, 000. 00

Tool and F e r t i l i z e r Barn

300.00

G eneral Purpose Barn

l+,ooo.oo

T obacco C u rin g B arn 1+0 x 60 T obacco C u rin g B arn 1+0 x 120
Tobacco C u rin g B arn 1+0 x 120

1 , 500.00
3, 000.00 3, 000.00

D w elling House

2, 300.00

Employees C.ottage

300.00

Employees C o tta g e s , 3 @ 250 Employees C o tta g e s , 3 @ 200

750.00 600.00

Machine Shed

1 , 000.00

BERRIEN COUNTY TRACT

Main D w elling

3, 500.00

Employees C ottage

1, 000.00

Commissary B u ild in g

1+00.00

Barn

500.00

Barn and Shed

1+00.00

Sheds, 2 @ 300

600.00

Employees C o ttag e

1+00.00

Employees C o ttag e

2, 000.00

M iscellaneous hog houses, hotbeds.

shade houses, in s e o ta rie s

2, 628.00 3 ,3 3 8 .0 0

TOTAL BUILDINGS

$ 3 ^ ,9 3 2 .1 + 8 52,01+1+. 1+0

Investm ent End
D eductions Of Year

100.00

1, 000.00 200.00
2, 000.00
2 ,8 0 0 .0 0
3, 000.00 300.00
1+00.00 1, 000.00
200.00 200.00 2, 000.00 100. 0 3, 300.00 100.00 500.00 500.00 1, 200.00 2, 500.00 100.00 70, 190.88
1 ,8 0 0 .0 0
200.00

300.00

2, 500.00 1+00.00 100.00
6, 000.00 300.00
4, 000.00 1 , 500.00 3, 000.00 3, 000.00 2, 300.00
300.00 750.00 600.00 1 , 000.00
3, 500.00 1 , 000.00
400.00 500.00 i+00.00 600.00 400.00 2, 000.00
5, 966.00
394,676.88

- 120*

EQUIPMENT A d m in istra tiv e and G eneral P hysical P lant L ibrary R esearch TOTAL EQUIPMENT.
TOTAL INVESTMENT IN PLANT

Investm ent Year Beginning A cquired Of Year

Schedule HH-2
Investm ent End
A dditions D eductions Of Year

$ 7,031.13

2 0 8 .14

2,799.50 1,174.76

7 ,5 8 3 -0 6

301.82

176,802.71 ` 23,613.11

$19^ , 216.40 2 5 ,2 9 7 .8 3

$718,824.28 80,362.23

416.01
416.01 716.01

6, 823.26 3, 974.26
7 ,8 8 4 .8 8 200,415.82 2 1 9 ,0 9 8 .2
798,1+50.50

- 121-

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 THE YEAR ENDING JUNE 3 0 , 1951
G eorgia I n s titu te of Technology A tla n ta , G eorgia
123

BALANCE SHEET June 30, 1951

ASSETS

CURRENT FUNDS

A . GENERAL

Cash in Bank

$

Im prest Cash

U tilitie s D eposit -Tsoh. In st.

Accounts R eceivable

V eterans A d m inistration

Student Fees

$198,311*38

Guidanoe F ees

2,713*20

Army, Navy, A ir Force, etc. 13,139*77

Research C ontracts

167,520.1+1+

TOTAL GENERAL FUNDS

"

-76,11+5*90 31,91+0.61
3, 000.00
381, 885.29
$

31+0 , 6 8 0 .0 0

B . RESTRICTED Cash in Bank Accounts R eceivable TOTAL RESTRICTED FUNDS

$ 56,307.19 +,533*68
#

6 0 , 81+0 .8 7

C . AUXILIARY Cash in Bank Im prest Cash Accounts R eceivable V eterans A dm inistration Army, Navy, A ir F o rc e , eto .
S tores (in v en to ries) TOTAL AUXILIARY FUNDS

$ 198,918.91+ +,385*00
20, 372. 1+6
10,672.93 170,521+. 07
$

1+01+, 873*1+0

806,391+* 27

I I . AGENCY FUNDS Cash in Bank

$ 273.509*61+

I I I . ENDOWMENT FUNDS Cash in Bank Investm ents G eorgia Tech B uildings Real E state W .G .S.T. Radio S ta tio n R eal E s ta te M ortgage Stocks, P referred S to c k s , Common U. S . S e c u r itie s G eorgia Tech Bonds
TOTAL ENDOWMENT FUNDS

$
$ 281,229*1+1+
77,629.1a
1+,9 1 5 * 5 8
6,393*63 300.00
5 ,0 0 0 .0 0 188,1+00.00
3,850.00 $

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

596,581+. 63

-124-

ASSETS (Co n tin u e d )

IV . STUDENT LOAN FUNDS Cash in Bank Student Notes R eceivable Investm ents U. S . Government Bonds C ity o f M arietta Bonds G eorgia Teoh Bonds
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A . UNEXPENDED Cash in Bank Investm ents (Temporary) Due from A u x ilia r y E n te r p r is e s TOTAL UNEXPENDED
B . EXPENDED Land B uildings Improvements Other Them B u ild in g s Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS


H+, 050.00 2, 000.00
51, 150.00

26,971*. 88
30,222.1*7
67, 200.00
12l*,397.35

251**665.67 155, 288.26
33.91*2.71

141*3, 896. 61*

1 ,2 7 9 .2 9 5 .8 0 8,85l*,7l*9.80 1,61*6,355.29 5,153,71+0.88 16,931+, 11*1.77
17,378,038.1+1
19,178,921*. 30

125

BALANCE SHEET June JO, 1951

LIABILITIES

I . CURRENT FUNDS A . GENERAL Accounts Payable Purchase Orders O utstanding R eserve f o r In su ra n ce Due R eserve fo r Unearned Inoome Surplus TOTAL GENERAL FUNDS

55+256.29
2 ^3 6 5 .7 5 9U.851+.50
128, 2^2.50
16,960V96

3 2 4 0 ,6 8 0 .0 0

B . RESTRICTED Fund B alance
C. AUXILIARY Accounts Payable Due t o Bond S in k in g Fund Reserve for Stores Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

60,8240.87

i46,i4l8.86

1

33,92+2.71

170,5224.07
155<987*76


24024,875.240

806,3924.27

I I . AGENCY FUNDS Fund B alance

273,509.62+

I I I . ENDOWMENT FUNDS R eserve f o r Purpose jof T ru st Fund B alan ce
TOTAL ENDOWMENT FUNDS

362.87 5 9 6 ,2 2 1 .7 6

596,5824.63

IV . STUDENT LOAN FUNDS Fund B alance

1214,397.35

V . PLANT FUNDS A . UNEXPENDED R eserve f o r Bond S in k in g Fund Reserve for Calloway No. 1 Fund B alance TOTAL UNEXPENDED

207,213.024 8,0224.240
228, 659.20
$

24243, 896.624

B . EXPENDED Due t o Endowment Funds Bonds Payable Invested in Plant TOTAL EXPENDED
TOTAL PIANT FUNDS

$ 281, 287.28 2 ,6 9 3 * 0 0 0 .0 0
13.959,8524.2+9 16,9324,1241.77
1 7 ,3 7 8 ,0 3 8 .2 a

TOTAL LIABILITIES AND SURPLUS

19,178,9224.30

- 126-

STATEMENT OF CURRENT INCOME F-or Y ear Ended Ju n e $Q$ 1951

A. EDUCATIONAL & GENERAL STUDENT FEES Day S c h o o l Non R e sid e n t T u itio n M atriculation H ealth S e rv ice Summer S c h o o l
O ther E xtension D ivision
Non R e sid e n t T u itio n M atriculation O ther T echnical I n s titu te Non R e s id e n t T u itio n M atriculation H ealth Service O ther
TOTAL STUDENT FEES

General Income

R estricted Inoome

563,186.87 6 5 3 ,t o . 15 6 3 ,0 1 8 .6 0 253,181+. 32 9 ,1 1 5 .1 7
75,61+2.00 132,553.14+
1 , 361.05
5 3 ,6 9 8 .5 8 120,208.15
5 ,1 1 6 . ll+ l,1 2 l+ .8 9 l , 9 3 l , 0 3 l . 3 `6 ''

T o ta l
563,186.87 6 5 3 .to .1 5
63, 018.60
253,181+. 32
9, 115.17
75,61+2.00
132, 553. 14+ 1 , 361.05
53, 698.58
1 2 0 ,2 0 8 .1 9 5 ,ll6 .li+ 1.121+.89
1 , 931. t>31.!56

PUBLIC APPROPRIATIONS S ta te of G eorgia - O perations V ocational Funds
S tate F ed eral
TOTAL PUBLIC APPROPRIATIONS

1 , 007, 000.00 1 , 007, 000.00

1 , 007, 000.00

11,851.25

11, 851.25

5 ,2 7 1 .1 3

5. 271.13

17,122.38 1,02/+, 122.3^

ENDOWMENT J u l i u s Brown Jo se p h in e Cloudman Forrester-M oRae-Rankin Clyde L. King
E. 0 . B atson L o u is H* W e llh o u se D a n ie l Guggenheim - R esearch P h ilip H. Lamar - R esearch B. E . W illingham - T e x tile
TOTAL ENDOWMENT

13,317.71
1 + .9 H .5 7
56.51+ 738.17
1+0.39 61.13
5 ,6 1 9 .5 6 707.66
25.00 1 19, 061+.5S" b . m . w

13,317.71 1+,911.57
56.51+ 738.17
1+0.39
61.13
5 ,6 1 9 .5 6
707.66 25.OO
25,1+7'/. 73

GIFTS AND GRANTS

G eneral E ducation Board - R esearch



G eneral E ducation Board - L ib rary

The S p rin g s F oundation - T e x tile

G. Mote W illiam s F o u n d atio n - T e x tile

F . Graham W illiam s - A rc h ite c tu re

TOTAL GIFTS AND GRANTS

li+ ,000.00 5. 000. 00 5. 000. 00
600.00 500.00
25,100.oO

ll+ ,000.00 5. 000. 00 5. 000. 00
600.00 500.00 25, 106.00

SAIES AND SERVICES R esearch

791,792.68

791, 792.68

OTHER SOURCES V eterans Guidance C enter G eneral and M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

31,778.81+ 1+.291+.72
1 3 6 M 3 .W
* 3 .7 6 5 .5 6 1 .9 6

31,778.81+ 1+.291+.72 3 6 ,0 7 3 .5 6
1j8 .6 3 5 .7 3 3.831+.197.71

SUMMARY OF INCOME AND EXPENDITURES For Year Ended June 30, 1951

E d u c a tio n a l and G eneral

G eneral R estricted

INCOME

Student Fees

$1 , 931, 631.36

P u b lic Appropriation

S ta te of Ga.

1 , 007, 000.00

B uilding A uth. O ther Endowment G ifts and G rants

17, 122.38
19,064*38 6 ,413.35
25, 100.00

S ales & Services Residence H alls

791,792.68

A partm ents

D ining H alls

Bo o k s to re

M ilita ry Uniforms

R esid en tial Property

O ther Sources

36,073.56

A uxiliary
295,962.02 175,352.66 493,874-87 6 2 3 ,2 9 9 .7 0 76,435*89
25, 692.36
3,644*29

O ther NonP lan t E ducational T o tal

1,931,631.36

35, 000.00

1 ,0 4 2 ,0 0 0 .0 0

7 5 ,0 0 0 .0 0

75,000.00

8 4 ,9 4 6 .0 0

102,068*38

141.34 2 5 ,6 1 9 .0 7

50,904.42 53,531*39

129,535.81
791, 792.68 295, 962.02 175, 352.66

4 9 3 ,8 7 4 .8 7

623,299.70

7 6 ,4 3 5 .8 9

2 5 ,6 9 2 .3 6

6,493*13

4 6 ,2 1 0 .9 8

TOTAL INCOME i\l .7 8 5 ,5 6 1 * 9 8 4 8 ,6 3 5 -7 3 1 ,6 9 4 ,2 6 1 .7 9 2 5 2 ,3 4 3 .5 5 5 3 ,6 7 2 .7 3 5 ,8 3 4 ,4 7 5 .7 8

B. EXPENDITURES

E d u c a tio n a l & Gen*

Adm. & Gen.

$ 274,196*79

S tudent W elfare

lo4,795*53

P la n t O perations 402,056*46

L ibrary

102,427*28 10,302.01

Instru ctio n R esearch E xtension

1,660,685*06 3,077*66
802,699- 19 23, 610.55
4 0 6 ,8 1 1 . 76 16, 665.42

A u x iliary E nterprises

Residence H a lls

A partm ents

D ining H alls

B o o k sto re

M ilita ry Uniforms

R esid en tial Property

O th er

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

274,196*79 104,795.53 402,056*46 112,729*29
1 , 663, 762.72
8 2 6 ,3 0 9 .7 4 4 2 3 ,4 7 7 .1 8

206,129.26 146,810.60 4 6 7 ,4 3 7 .9 2 514,743.16 6 2 ,6 3 6 .0 4
2 ,7 9 9 .7 9 1 1 ,6 4 3 .9 7

206,129.26 146,810.60
4 6 7 ,4 3 7 .9 2 514,743.16
62, 636.04
2,799.79 1 1 ,6 4 3 .9 7

571,063.93 147,119.69
7 3 ,0 3 9 .4 7 2 0 ,0 6 6 .6 7

571,063.93 147,119.69
73,039.47 20,066.67

8 ,8 9 1 .7 4 2 2 ,5 2 6 .1 5
397.46

8 ,8 9 1 .7 4 2 2 ,5 2 6 .1 5
397.46

TOTAL EXPEND. $ 3 ,7 5 3 .6 7 2 .0 7 5 3 ,6 5 5 * 6 4 1 ,4 1 2 ,2 0 0 * 7 4 8 1 1 ,2 8 9 .7 6 31,815*35 6 ,0 6 2 ,6 3 3 * 5 6

128

NON INCOME T ra n sfe r from G eneral Funds Cash Over and S h o rt T ra n sfe r from P la n t Fund T ran sfer from R e stric te d Funds TOTAL NON INCOME
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman G lenn H arris H arrison H o w ell Sm ith T echnical In s titu te Techwood Towers TOTAL DORMITORIES
APARTMENTS Callaw ay Callaw ay No. 1 Burge TOTAL APARTMENTS
DINING HALLS B rittain T echnical I n s titu te C ollege Inn TOTAL DINING HALIS
RESIDENTIAL PROPERTY R egular T r u s t FUnd p r o p e r t y TOTAL RESIDENTIAL PROPERTY
MILITARY UNIFORMS
Y.M .C.A. INCOME
OTHER
TOTAL AUXILIARY INCOME
NON INCOME T ra n sfe r from P la n t Funds
TOTAL AUXILIARY RECEIPTS

G eneral Income

R estricted Income

T otal

$ 3.92
50,228.146
1 ,2 5 9 .1 7
T~ 51,1+91~ .W ~

8 ,7 5 0 .0 0 8',7'$37<5

8 ,7 5 0 .0 0
3 .9 2 50,228.1+6
1 ,2 5 9 .1 7
6O .2l4i . 5B

$3, 837. 053.53 57,385*73 3.891+,1+39.26

$ 623,299.70

6 2 3 ,2 9 9 .7 0

$ 13,1+81+. 2 k 6 ,2 3 7 .5 6
60,1429.31 13,061+. 19 2l+,078.66
1 9 ,0 5 9 .9 3 5 7 ,3 9 3 .5 3 21,706.78
39,173.89
l a , 333.93
T 295,962.02

13,1+81+. 2i+ 6 ,2 3 7 .5 6
60,1+29.31 13,061+. 19
2l+, 078.66 19,059.93
5 7 ,3 9 3 .5 3 2 1 ,7 0 6 .7 8
3 9 ,1 7 3 .8 9
la ,333.93
2 9 5 .9 6 2 .

$ 121,093.76 5 ,1 8 5 .2 0
1+9,073.70
T 175, 352. 66 ~

121,093.76 5 ,1 8 5 .2 0
1+9,073.70 175,352.66

$ 299, 399.02 614, 763.16 129, 712.69
T

299,399.02 6U ,763.16 129,712.69
+93,8714.87

$ li+, 308.1+8 11,383.88
r 257695".36""

$ 76,1+35.89

$

281.65

$ 3, 362.614

$1 . 691+, 261.79

114,308.1+8 1 1 ,3 8 3 .8 8 25,692.36
76,1+35.89
281.65
3,362.61+
1.691+, 2 6 1 .7 9

$ 3,1+61+. 21
$1, 697, 726.00

3,1+61+. 21 1 ,6 9 7 ,7 2 6 .0 0

C. OTHER NON EDUCATIONAL ENDOWMENT E . O* B a tso n Fund A r c h it e c t s Alumni P r it e Fund TOTAL ENDOWMENT FUND
GIFTS AND GRANTS S h e ll O il Company T. E a rl S tr ib lin g M emorial Fund Researoh C orporation Carnegie Foundation The Texas Company H. E. Johnson T ennessee Eastm an Company A u to m atic Gas Company o f Columbus Woman's R e l i e f C orps Gas E quipm ent S u p p ly Company L. L. P a r l e t t M emorial Economy Gas and A p p lian ce Company Ga. L iq u if ie d P e t . Gas A sso . G. Mote W illiam s Ga. A u to m atic .a s Company
"T N a tio n a l B e ta C lub A tla n ta Gas L ig h t Company W a lte r R . Thomas Uncle H enika S o u th ern Gas C o rp o ra tio n H opkins E quipm ent Company T extron, Incorporated L ovetts and Tobee Supply Food S to re The W eatherhead Company Rhodes Fund The B o s ta in - B le s s in g Company T . R. Ewing G eorgia D is trib u to rs , Inc# H ouston Endowment, Inc# Coca C o la Company Sooony - Vacuum O il Company Kappa Sigma F r a te r n ity C a r o lin a C oca-C ola B o ttlin g Company S ears-R o eb u ck Company L# W# R o b e rt Horn - W ilso n , In c . Mrs# E . W# F r o s t D e l t a T ank Mfg# Company C a r o lin a B u tane Gas Company Rumbold and Company C h a r le s S# M a r tin D is t# Company D ri-G as Corp# C o lo n ia l Dames o f A m erica Nolan Company, Inc# Sew el, Inc# Chi P si E ducational T rust War O rphans S c h o la r s h ip Community Gas Company F ish er Foundation TOTAL GIFTS AND GRANTS
TOTAL NON EDUCATIONAL INCOME

TOTAL CURRENT INCOME

-150-

General Income

k estricted Inoome

T otal

* f .........

1 5 . 3k 126.00
1 4 l.

15. 31*
126.00
1 4 i.3 4

t
* * 5 ,5 3 4 ,7 7 9 .5 3

1 ,8 1 3 .5 0
4 ,1 1 8 .5 7
7, 250.00
2 ,9 3 9 .7 5
1, 500.00
1 ,8 0 0 .0 0
2, 650.00 270.00 125.00
2 ,4 6 0 .0 0
990.00
270.00
2 ,1 6 0 .0 0
500.00
540.00
175.00
1 ,0 8 0 .0 0
250.00
20.00
270.00
540.00
500.00
375.00
990.00
4 ,6 2 9 .5 7 1 ,9 8 0 .0 0
330.00 270.00
1 ,0 0 0 .0 0
950.00
2 ,0 0 0 .0 0
200.00
500.00 150.00
1 ,0 0 0 .0 0
5 4 0 .0 0
50.00
1 ,0 8 0 .0 0
540.00
540.00 270.00
330.00
125.00 540.00 990.00
200.00
200.00
540. 0 990.00
5 5 .5 3 1 '. ' '
5 3 .6 7 2 .7 3

1 ,8 1 3 .5 0
4 ,1 1 8 .5 7
7, 250.00
2 ,9 3 9 .7 5
1 , 500.00
1 ,8 0 0 .0 0
2 ,6 5 0 .0 0
270.00
125.00
2 ,l|6 0 . OQ
990.00
270.00
2 ,1 6 0 .0 0
500.00
540.00
175.00
1 ,0 8 0 .0 0
250.00
20.00
27O.OO
540.00
500.00
375.00
990.00
4 ,6 2 9 .5 7 1,980.00
330.00 270.00
1,000.00
950.00
2 ,0 0 0 .0 0
200.00
500.00 150.00
1 ,0 0 0 .0 0
540.00 50.00
1 ,0 8 0 .0 0
540.00 540.00 270.00 330.00 125.00 540.00 990.00
200.00
200.00
540.00 990.00 53. 531.
53. 672.73

111,058.46 5.645,837.99

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

EDUCATIONAL AND GENERAL ADMINISTRATIVE it GENERAL P re s id e n ts O ffice E xecutive Dean R e g is tra rs O ffioe C o m p tro llers O ffioe Public R elations G eneral A dm inistration V ice P r e s id e n ts O ffic e Alumni O ffio e TOTAL ADM. it GENERAL

Fund C la s s ific a tio n G eneral R estricted

O bjeot C la s s ific a tio n

O perating

S alaries

S u p p lie s

it Wages

it Expense Equipm ent

I 19, 870.00 ill.,910. 88
58,281+.1+3 61,61+1+. 87
12, 001+. 22
86,1+79.20
13, 1+27.12
7 .5 7 6 .0 7
r 274,196.79

19, 870.00
13,61*9.51 1+3,1+69.13
6l . 6l4U.87
1 0 ,1 0 5 .3 3 3.981+.76
1 2 ,5 9 9 .8 8 7 .3 1 7 .9 6
172,641.1+1*

1 ,1 1 6 .3 7 H+, 5 0 2 .9 5
1, 872. 01+
77,922.81+ 727.56
258. l l 96. 399.7

II+5.OO
312.35
26.85
1+,571.60
9 9 .6 8
5.155.J+8

STUDENT WELFARE Infirm ary Y.M.C .A . Dean of S tu d en ts TOTAL STUDENT WELFARE

$ 57,987.71*
8, 609.36
r 38,198.1+3 10^,795.55

1+0,671+. 5i*
8, 609.36
3 5 ,8 9 5 .8 0
05, 179.70

13,273.39
2, 302.63
1 ^ ,5 7 6 .0 2

1+,039.81 4,039.81"

PUNT OPERATIONS B u ild in g s and Grounds Power P la n t TOTAL PLANT OPERA.
LIBRARY

# 286,651.08 115,1*05.38
r i+02, 056. 1+6
* 102,1+27.28 10, 302.01

INSTRUCTION

Dean of F a c u ltie s

s

Co-op D epartm ent

E ngineering Sohool

D eanS O ffice

A eronautical Engr.

A rchitecture

Ceramic E n g in eerin g

Chem ioal E n g in eerin g

C iv il E ngineering

E le c tric a l E ngineering

E ngr. Draw. & M echanics

In d u s tria l Engineering M echanical E ngineering

S afety Engineering

T e x tile Engineering

TOTAL ENGINEERING SCH. T

13,11+3.11
17, 1+07.22
12, 71+0.66
1+1+.267.15 87,1+20.62 30,061.01+ 70,299*28 5 5 ,7 7 5 .3 2 106,217.79 81,79l+.32
1+8, 1+1+8.52
131,595.21+ 11,653*30 63,21+7.38
743,520.61

722. 1+0
2 ,3 5 5 .2 5 3 ,0 7 7 .6 5

227,601+. 82 30,1+61+. 22
258,069.01+

1+5, 557.37 13,1+88.89

8lt.831.55

109.61

130, 38^.92 1 3 ,5 9 6 .5 0

65, 000.31 * **'

1 ,6 9 2 .7 7 1+6, 036.21

12, 299.88 15, 086.51

680.88 2 ,2 3 9 .7 9

162.35 80.92

11,81+9.36
1*1,025.39
82,31*9.17 27,1+86.71* 60,532.01+ 5 2 ,5 2 8 .1 1 9 8 ,2 0 3 .1 2 8 0 ,0 0 9 .1 2
1+5,80!+. 35
1 2 0 ,1 6 6 .8 0
1 0 ,9 3 1 .5 8
56, 692.86 607,578.61+~

81+6.00
3 ,0 3 5 .2 5 3,873.1+8
1 ,6 6 8 .5 5 6 ,1 1 3 .1 6
2,1*33.07 1 ,9 9 7 .2 9
91+0.11+ 1 ,7 5 2 .1 1 5 ,7 5 7 .8 9
I+9I+.86
5,01+5.02 33.956.B 2

1+5.30 928.91
1,197*97
905.75 3,65l+.08
8I I + .1I+
6 ,0 1 7 .3 8
81+5.06
892.06
5 ,6 7 0 .5 5 226.86
3,861+. 76 25,062. 82

G eneral S tudies Sohool D eanS O ffice B iology & Pub. H ealth Chem istry I n d u s tr ia l Management E nglish M athem atics Modern Languages
M usio

$ 11,759.91*
16,1+96.10 1 3 7 ,2 9 8 .6 8 103,980.66
8 5 ,6 7 7 .2 6
98,923.1*2
25, 01+8.88
ll+,l+56.1i+
-131-

11,31+5.01 1 5 ,9 5 8 .7 1 112,915.87 102,1+38.81+ 8i+,098.76 96,31+1+. 85 2l+,899.76
1 0 ,2 0 2 .3 7

I+H+.93
512.39 1 6 ,0 8 8 .8 1
811`.5 2 l,0l+l+.67
1 ,5 8 0 .9 7 H+1+.12
1 ,8 0 8 .1 2

25.00 8, 291+. 00
73O .3O
533.83 9 9 7 .6 0
5 .0 0
2,1+1+5.65

Fund C la s s ific a tio n G eneral R e stric te d

INSTRUCTION (C o n tin u e d )

G eneral S tudies Sohool

P hysical T raining

$

P h y sio s

P sy c h o lo g y

S o c ia l Soience

TOTAL GEN. STUDIES SCH. $

U 5.227.16
83.U 77.91 2U.830.8O 3 2 ,1 5 0 .2 1
6 7 9 .3 2 ? .1 6

b je o i ft l a s s i f l e a t i o n

O perating

S alaries

S u p p lie s

& Wages

is E x p e n s e

E quipm ent

l+l, 058.23 . 7U.75U.09
23.U 77.30
31.368.U 3 6 2 8 ,8 6 2 .2 2

U, 168.93 5 ,5 18 .0 7
93U.OU 6 0 0 .7 1 3 3 ,6 2 7 .2 8

3 ,2 0 5 .7 5 U19.U6 1 8 1.0 7
16 ,8 3 7 .6 6

Graduate D iv isio n Army R.O.T.C# A ir R.O .T.C. Naval Science Summer S o h o o l
TOTAL INSTRUCTION

* 37.2U2.92 5 .6 7 U .9 7 U .2 7 5 .U 9 2 ,5 3 3 .5 7
15 7 ,5 6 0 .0 0 # 1,6 6 0 ,6 8 5 .0 6

3 6 ,5 6 0 .3U
U, 380.29 3,690.00 2.U00.00 15 7 ,5 6 0 .0 0 3 ,0 7 7 .6 6 1,5*48,2417.88

682.58 1,0 6 0 .5 6
3OO.73 1 3 3 .5 7

2 3U .12 281+.76

7 2 ,6 0 $ .2 1 +2,66$. 63

RESEARCH

$ 802,699.19 23,610 .55 58U .819.67 188.529.U l 52,960.66

EXTENSION A dm inistration Evening Sohool C o n feren ces In d u s tria l Education T echnical I n s titu te V eteran s Guidance TOTAL EXTENSION

$ 19,83U.62 11U,02U.U8
1 1 ,1 5 9 .7 U 16,665.U 2
230,970.05
3 0 ,8 2 2 .8 7
T U 6,i.76 T6,66*r.U2

19 ,5 5 5 .6 8
11 1,8 9 6 .9 5 8 ,9 6 1 .3 5
1U .053.66 18 0 ,19 2 .2 2
26.6U l.00 3 6 1 ,3 0 0 .8 6

278.9U 2 ,0 2 1.2 9 2 ,171.10
2,6 11.76 3 2 .5 9 9 .U 8
2 ,2 7 9 .5 3 1+1,962.10

1 0 6 .2U 27.29
18 ,1 7 8 .3 5 1.902.3U
20, 2ll+. 2$

TOTAL EDUC. & GENERAL EXPENDITURES

$ 3,753,672.07 53.655.6U 3.075.U 28.90 5U 7,231.30 18U.667.51

NON EXPENSE

T ransfer to R estricted

Funds

$

T ransfer to P lan t Funds

T ransfer to G eneral Funds

8 ,7 5 0 .0 0 U7 ,U 1 7 .5 1

1 ,2 5 9 .1 7

TOTAL EDUC. & GENERAL DISBURSEMENTS

$3,809,839.58 5U .9lU .81

AUXILIARY ENTERPRISES BOOKSTORE

$ 5lU ,7U 3.l6

6 5 ,0 2 2 .5 1 U2U.951.02 2U.769.63

DORMITORIES Brown Cloudman G len n H arris H arrison H ow ell Sm ith T echnical In s titu te Teohwood
Towers TOTAL DORMITORIES

$ io,5U o.86 3 ,7 2 3 .19
33,273.U l 12,172.3 1 17,01+8.85 13 ,9 0 3 .9 8 3 3 ,7 1 2 .9 2
2 3 ,1 8 8 .3 3 3 3 ,6 8 3 .2 7
r 2U,882.lU 2 0 6 ,1 2 9 . 6

6.283.5U 189.U5
17,8 77.16
7.3 0 U .U 3 9 ,776 .16 7 .3 0 U .0 6 18 ,187.23 11,96U .88 15 ,6 7 8 .6 0
13 ,8 5 3 .1 9 10 8 , +18.76

U ,255.61 3 ,5 3 2 .3 6 15.35U .20
U, 8 66.lU 7 ,2 6 9 .6 8 6 ,0 3 3 .0 0
15,518 .63 9.U 39.89 17 ,9 8 0 .8 7 11,0 23.92
9 5 . 27U.3O

1 .7 1 1.3 8 U2.O5
l*7b
3 .0 1
566.92 7.06
1,78 3.56 23.80
5.03
2.U36.26

132-

APARTMENTS Burge Callaw ay C a lla w a y No* 1 TOTAL APARTMENTS

Fund C la s s ific a tio n G eneral R estricted

Ofojeot C la s s if ic a tio n

O perating

S alaries

S u p p lie s

A Wages

A Expense

E quipm ent

# 1+7.233.81 93,780.14+
5 ,7 9 6 .3 5
* 11)6.010.60

2 3 ,2 2 3 .8 7 4 9 ,8 8 2 .2 3
3 ,7 8 3 .7 1 76,809 8

2 3 ,9 1 9 .7 2
4 3 ,7 9 7 .3 1
2.OO7.29 -> :T gzw

90.22 IOO.9O
5 .3 5 196.47

DINING HALLS B rittain Teohnioal I n s titu te C ollege Inn TOTAL DINING HALLS

$ 278,235*88 65,71+7.11
123,1+51+. 93
t 1467.457.92

9 7 ,1 7 2 .8 2
2 1 ,9 5 6 .2 4
37, 019.80 156,148.86

177,167.11 4 2 ,5 4 2 .2 9 85,275.03 34 , $ i+.43

3, 895.95
1 ,2 4 8 .5 8 1 ,1 6 0 .1 0
6 ,3 0 4 .6 3

RESIDENTIAL PROPERTY R egular T ru st Fund P ro p erty TOTAL RENTAL
MILITARY UNIFORMS
OTHER

* 2,234.51 565.28
* 2,79$.79
* 62. 636.04
# 11.643.97

194.00
38.00 232.00
2, 961.50
8, 190.25

1,606.66 527.28
5 9 ,6 7 4 .5 4 2 ,8 7 9 .4 0 "

4 3 3 .^ 5
W 3.85
5 7 4 .3 2

TOTAL AUXILIARY EXPEND. ll.la2 .2 0 0 .7 U

417,863.63 959,621.95 34,715.16

NON EXPENSE T ransfer to P lan t Funds

# 527,910.81

TOTAL AUXILIARY DISB.

#1.91+0.111.55

OTHER NON EDUCATIONAL

Fellow ships

#

S c h o la rsh ip s

O ther

8 ,8 9 1 .7 4 22,526.15
397.46

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

397.46

TOTAL OTHER NON EDUCA.

EXPENDITURES

#

31,815.35 31,417.89

397.46

TOTAL CURRENT EXPENDITURES # 5 ,1 6 5 ,8 7 2 .8 1 8 6 ,7 3 0 .1 6 3 .5 2 4 ,7 1 0 .4 2 1 ,5 0 7 ,2 5 0 .7 1 2 1 9 .3 8 2 .6 7

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1951

EDUCATIONAL AND GENERAL GIFTS AND GRANTS D r. C h a r le s A . Thomas - Chem. G .E .B . - Equipment Wind T unnel G eneral Educa. Board - R esearch G eneral Educa. Board - L ib rary

B alan ce B eg in n in g
Of Year

R eceipts For Year

D isburse m ents
For Year

B alan ce End
Of Year

# 135.00
1 ,2 5 9 .1 6
722.41 1 4 ,2 0 0 .0 0
301.62

17, 750.00
1 0 ,0 0 0 .0 0

1 ,2 5 9 .1 6 722.41
17,283.33
10, 302.01

I 35.OO
1 4 ,6 6 6 .6 7 -3 9

133'

GIFTS AND GRANTS ( C o n tin u e d ) The S p rin g s F oundation - T e x tile G. Mote W illia m s - T e x t ile F* Graham W illia m s - A r c h i t e c t u r e TOTAL GIFTS AND GRANTS
ENDOWMENT Louis H. W illhouse - R esearch D a n ie l Guggenheim - R esearch P h i l i p H. Lamar - R esearch B. E . W illingham - T e x t i l e TOTAL ENDOWMENT
PUBLIC APPROPRIATIONS V ocational Funds
TOTAL EDUCATIONAL AND GENERAL
B . OTHER NON EDUCATIONAL FELLOWSHIPS . She SI O il Company Edw. O fton J r . Ceram ic F oundation S ou th ern Airways Tennessee C orporation T. E arl S trib lin g R esearch Corp. No. 4 R esearch C orp. No. 5
R esearch Corp. No. 6
C arn eg ie Award No. 1 C arn eg ie Award No. 3 Tapea s Company C arn eg ie Award No. 7 R esearch Corp. No. 7 S to n e M ountain G r it Company R esearch Corp. No. 1 H. E. Johnson Research C arn eg ie Award N o. 2 C arn eg ie Award No. 4 C arn eg ie Award No. 5
C arn eg ie Award No. 6 C arn eg ie Award No. 8
C arn eg ie Award No. 9 T ennessee Eastm an Company
TOTAL FELLOWSHIPS
SCHOLARSHIPS A utom atic Gas Co. o f Columbus Woman*s R e l i e f C o rp s . Ga. Equipm ent S u p p ly Company L. L. P a r le tt M em orial Economy Gas and A p p lian ce Company Gas L iq u if ie d P o t. Gas A sso. Kate McGrath G. Mote W illia m s No. 1 G. Mote W illiam s No. 2 Ga. A utom atic Gas Company

Balanoe B eg in n in g
Of Year

R eceipts For Year

D isburse ments
For Year

Balanoe End
Of Year

$
$ 16, 618.19

5, 000.00 600.00
500.00
33. 850.00

2 ,3 3 0 .2 6
31. 897.17

2 ,6 6 9 .7 4
600.00 500.00
18, 571.62

$

61.13

61.13

5.619.56 5.619.56

707.66 707.66

25.00

25.00

T~

6. 1*13.35 6 ,3 5 2 .22

61. 1^

$ -4 ,9 9 0 .6 4 $11,627.55

17. 122.38 16, 665. 1*2 - 4 .5 3 3 .6 8
57.385.73 54.914.81 14,098.47

$ 114.99 100.00
6, 193.82 49.23
3, 340.04 189.50
10.00
825.00 .60
282.84
300.00
847-00 1 ,6 0 0 .0 0
600.00
$1^ , 1+53*02

1 ,8 1 3 .5 0
4 ,1 1 8 .5 7
3, 500.00
58.50
1 , 500.00
1, 500.00
2, 250.00
1 ,8 0 0 .0 0
85O.OO 250.00
600.00 7 0 0 .0 0
250.00
231.25
1, 450.00 26, 871.82

1 ,2 9 2 .9 3 5 .2 3
1 ,4 9 9 .9 7 189.50 10.00
' 875.00 .6 0
3 4 1 .3 4
1. ail*. 75 125.00
1 , 500.00
214.92 1 ,3 7 2 .5 0
250.00
8, 891. 71+

635.56 9 4 .7 7
6,193*82 4 9 .2 3
5 ,9 5 8 .6 4
3 ,4 5 0 .0 0
585.25
722.00
1 ,6 0 0 .0 0
385.08
877.50
1 , 550.00
850.00
250.00
600.00
700.00 250.00 231.25 1 , 450.00
2 6 ,4 3 3 .T P

$
746.66 261.00 134

270.00
125.00 2, 460.00
990.00 270.00 2, 160.00
500.00 540.00

270.00 125.00 1 , 407.40 495.00 270.00
i ,4 4 o. oo
476.66
500.00 360.00

1 , 052.60 495.00
720.00 270.00 261.00
180.00

B alan ce B eg in n in g
Of Year

SCHOLARSHIPS (C o n tin u e d ) N a t i o n a l B e ta C lu b No* 1

$ 162.00

N a t i o n a l B e ta C lu b No* 2

A tla n ta Gas L ig h t Company

W alter R. Thomas

S o u th ern Cas C o rp o ra tio n

H opkins Equipm ent Company

T extron, Incorporated

L o v e tts and T obes S u p p ly Food S t o r e No* 1

L ovetts and Tobes Supply Food S to re No. 2

L o v e tts and T obes S u p p ly Food S to r e No* 3

The W eatherhead Company Rhodes Je ffe rso n M ills , Inc*

- 1 , 501+. 57 24.50

The B o s ta in - B le s s in g Company

T. R. Ewing

Ga* D i s t r i b u t o r s , In c* j e s s s J o n e s - H o n o rin g Gen* C la y Wm. P r a t t H e a th - C oca C o la Co* Sooony - Vaouum O il Company

500.00 900.00
283.67

Kappa Sigma F r a te r n ity

C a r o lin a Coca C ola B o ttlin g Company

S e a rs Roebuck Company No. 1

L* W. R o b e rt

509.25

Horn - W ilso n , Inc* Gas F u e l

M rs. E , W. F r o s t S ears - Roebuck Company No. 3

12.00

Tennessee Eastman C o rp o ratio n

D e lta Tank M fg. Company

C a ro lin a B utane Gas Company R ich's C ity Planning Community E n te r p r is e s , Inc*

331.96 1 ,0 0 0 .0 0

Rumbald and Company B otson

700.00

Chas* S , M a r tin D i s t . Co*

D ri-G as C o rporation

C o lo n ia l Dames o f A m erica

N olan Company, In c .

Sew el, In co rp o rated

Chi P si E ducational T rust

War O rphans S c h o la r s h ip

Community Gas Company

F isher Foundation TOTAL SCHOLARSHIPS

4 3,926.147

R eoeipts For Year

D isburse m ents
For Year

175.00
1 ,0 8 0 .0 0
250.00 270.00 5i+o.oo 500.00 125.00 125.00 125.00 990.00
4 ,6 2 9 .5 7

162.00 175*00 54o. oo 250.00 270.00
180.00
500.00 125.00 125.00 125.00
810.00
2, 250.00

1 ,9 8 0 .0 0
330.00 270.00
1 ,0 0 0 .0 0 950.00
2 ,0 0 0 .0 0 200.00
500.00 150.00
1 ,0 0 0 .0 0
51+0.00 50.00
1 ,2 0 0 .0 0 1 ,0 8 0 .0 0
51+0.00
51+0.00
1 5 .3 4 270.00
330.00 125.00 540.00 990.00
200.00 200.00
540.00 990.00
5 2 ,6 5 4 .9 1

495*00
330.00 270.00 1, 400.00
855.00 1 ,9 4 8 .4 6
200.00
500.00 150.00
1 ,4 1 2 .3 4
450.00 50.00
12.00 1 ,2 0 0 .0 0
331.96 368.33 180.00 482.00 180.00
330.00 125.00
200.00 200.00
2 2 ,5 2 6 .1 5

B alance End
Of Year
540.00
360.00
180.00 875.00
2U.50
1, 485.00
100.00 995.00 335.21
96.91 90.00
1 ,0 8 0 .0 0
540.00 631.67 360.00 233.34 90.00
540.00 990.00
540.00 990.00
i4 . 53.25

OTHER John King Fund A rc h ite c ts Alumni P riz e Fund Uncle H enkie M em orial Fund TOTAL OTHER
TOTALS

4 1,971.85
1 1 , 971. 55"

126.00
20.00
H46.OO

397.46 397.46

1 ,5 7 4 .3 9 126.00 20.00
1 .7 2 0 .3 9

4 3 1 .9 7 8 .8 9 1 1 1 ,0 5 8 .4 6 86, 730.16 5 6 ,3 0 7 .1 9

-135-

STATEMENT OF TRUST FUND BALANCES F or Year Ending June 30, 1951

Endowment Funds

Loan Funds

T otal Funds

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: G ifts and G rants Gain on In v e stm e n ts Income on In v estm en ts T ra n sfe r from Loan Funds T ra n s fe r from Endowment Funds A djustm ent of P revious Y ear's Balance Income on S tu d e n t Loans C o lle c tio n of N otes P rev io u sly W ritte n O ff T ran sfer from U n iv e rsity of G eorgia TOTAL ADDITIONS

$5U5,753*20 126,147.92 672,171.12

$ 39,868.05 1,2143*96
25,^.73*89
lO .276. l 45
$ 76, 862.35

3 ,k 0 7 .k 5
1 ,5 7 7 . H+
1472.98 738.17
5I+9.56
1+77.69 1 ,0 3 2 .8 9
8, 255.88

1+3,275.50 1,21+3.96
2 7 ,0 5 1 .0 3
10,276.145 1472.98
738.17 51+9.56
1+77.69 1 ,0 3 2 .8 9 85,118.23

DEDUCTIONS T ran sferred to G eneral Funds T r a n s fe rre d to Res s r ic te d Funds T ra n sfe rred to Loan Funds A djustm ent of Previous Y ear' s B alance T ra n s fe rre d to Endowment Funds TOTAL DEDUCTIONS
BALANCE END OF YEAR
LESSj Income N ot T r a n s f e r r e d
BALANCE OF PRINCIPAL, END OF YEAR

$ 214, 638.014 n a . 3I4. U72.98 778.56
$ 26, 030.92
$596, 5814.63
362.87
$596, 221.76

10,276.145
10, 276.145
1214,397.35
1214,397.35

214,638.014 n a .3 i+ 1+72.98 778.56
10,276.1+5 ^6,307.37
7 2 0 ,9 8 1 .9 8
362.87
720,619.11

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1951

ENDOWMENT FUNDS A r c h ite c t Alumni P riz e E. 0 . B o tson S c h o la rsh ip J u l i u s Brown Jo se p h in e Cloudman A lic e Coons Lloyd C. B a n ie ls F o r r e s t e r - McRae - R ankin S. P rice G ilbert D a n ie l Guggenheim A ero. B. M if f lin Hood C hair of Ceram ics C. L. King M em orial P h ilip H. Lamar R esearch Edmund M agers G e n e ra l T. E. M itchell M. R ich S ile n t H o ist & Crane Co. - P riz e Awards

Fund Balance B eg in n in g Of Year
$ I426.OO
11,01+9.141+ 183,2143.50
77,928.81+
1+.350.00 5, 000.00 1 , 910.03
168, 111.95 32, 926. 61+ 12, 500.00 32, 000.00
102.79 5,711.91+
50.00
-136-

A dditions

Fund Balance

End Of

D eductions

Year

18.00
2I4I+.55
13,387.83
1+.989.73 9 1 .0 9
133.79 6 5 .9 2
2 3 ,5 2 3 .8 0
6, 01+1.61 11, 51+1.28
317.65
832.71
2.68
1 0 ,5 3 5 .5 8

126.00 55.73
1 3 ,3 1 7 .7 1 i+,9 1 1 .5 7
91.09
56.51+
5 ,6 1 9 .5 6
1 ,0 0 8 .9 3
707.66

318.00 11, 238.26 183, 313.62 78, 007.00 l+,350.00
5 ,1 3 3 .7 9
1,919.1a
23,523.80
l 68, 53l+.00
1414,1+67.92
11, 808.72
32,125.05
105. U7
16,2U7*52
50.00

5, 000.00

5, 000.00

ENDOWMENT FUNDS (C o n tin u e d )
J . M. T e r r e l l W .G.S.T. B ro ad castin g S ta tio n
B. E . W illingham TOTAL ENDOWMENT FUNDS

Fund B alance B eginning Of Year
$ 1+,526.1+9 1+.915.58 1 ,0 0 0 .0 0
151+5,753.2(5

A dditions

Fund b alan ce

End Of

D eductions

Year

111.13
25.00
76,862.35

111.13
25.00
2 6 ,0 3 6 .9 2 "

l+,526.l49 14,915.58 1 ,0 0 0 .0 0
596.5B1+.65

STUDENT LOAN FUNDS A rchitect G. W. A d a ir J , Baldwin M. R . B e r r y S . F . Boykin T. P . Branch M emorial M. L . B r i t t a i n S . S . C la s s J . B. Campbell J osephine Cloudman H olland Coleman W illiam B. Coleman P o st A lice Coons A. C. Dobbs A. French Ga. F e d e ra tio n o f Labor M rs. A . V . Gude Lyman H a l l J . M. H ig h D r. and M rs. T. P . Hinman I rv in g Subway G ra tin g C o ., In c .
Edwin Johnson K. A. F o undation C. L. King M em orial M alta Lodge Lona M ansfield M rs. T. 0 . M arshall E . P . McBurney J . A. M cFarland T. E. M itchell G ayle Nimook M em orial Q uarterm aster L . W. R o b e rt S co ttish R ite Sam W. S m a ll T . W. S m ith J . P. Stevens J . M. T e r r e l l Thomaston M ills C lark Thornton M emorial E. A. Turner A rthur W illiam s E sta te M rs. Fannie B. W right W illiam O tt A lsto n M emorial J . G. B osw ell
TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

221+.1+3 5 1 6 .9 k
51.20 2 ,9 7 1 .7 0
101.70
li4 l.7 6 573.80 573.30
11, 602.07
725.83
1+38.86 581.07
81.01+ 1,8714.21
973*1+0 22i+.l|l+ 1 ,6 9 9 .2 6
2,2147.57
207.66
356.25 1487.35.
88.00 1,0143.90 1,169.1414
912.32
500.00
9 ,9 2 7 .5 5 II5.I4O
3 U .55U .25 150.59
36,897.U 0 102.59
1 ,1 1 1 .6 7 102.58 2 7 6 .U 2
5 ,3 6 3 .3 6 73U.85
378.97 5 0 .7 0
813.85
966. l l
501+.13
l+,000.00 $ 126, 1+17^92
$672, 171.12

3.72 9.90
50.00
2. 1+8 11. 11+ 11. 11+
21+0.25
12.36
10.00
311. 0l+
3U.20 17.31+
3.72 35.1+3 1+0.08
3.7U 7 .5 0 9.16
1 ,0 1 3 .8 5 31.81 16.08
210.00
2.148
1 ,3 9 3 .1 6
2.50
l,lll+ .3 2
1.26
20.00
1.26 6 . 2I4
51.13 126.17
1 , 500.00
8 .7 6
1,907.1+5
22.50
13.71
8 ,2 5 5~.W
8 5 ,1 1 8 .2 3

10 ,2 7 6 .U 5
1 0 ,2 f6 .Ig r 3 6 ,3 0 7 .3 7

228.15 526. 81+
51.20
3 ,0 2 1 .7 0
101.70 11+14. 21+
58U.9U 5814.141+ 11, 81+2.32 738.19
I4I48.86 892.11
81.01+ 1, 908. 1+1
9 9 0 .7l+ 228.16
1 ,73U .69 2 ,2 8 7 .6 5
211. 1+0
363.75 1+96.51
88.00
2,057.75
1 , 201.25 928. 1+0 500.00
10, 137.55 117.88
2 5 ,6 7 0 .9 6
153.09 3 8 ,0 1 1 .7 2
103.85 1,131.67
103. 81+
282.66
5,l+ll+.l+9
861.02 1 , 500,00
387*73 50.70
2 ,7 2 1 .3 0
988.61
517.81+
1+.0 0 0 .0 0
121+,397.55
720, 981.98

-lSf<

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS F o r Y ear Ended Ju n e 30, 1951

COMMON STOCK West P o in t M fg. Company S e r . N os, 7102- 3- 4- 5-6 25970-1-2-3-14. - 2,000 sh ares

Rate Of D ate Of In te re s t M aturity

Book V alu e

M arket V alue

$ 5,000.00 51,000.00

PREFERRED STOCK G eorgia Power Company No. AOli+392 - 3 S h a re s

k - l / 2%

$ 300.00

339.75

CAMPUS REAL ESTATE 836 C herry S tre e t 8l|j6 C h e rry S t r e e t
85O C h e rry S t r e e t 856 Cherry S tre e t 866 C herry S tr e e t 870 C h e rry S t r e e t 876 C herry S tre e t 880 C h e rry S t r e e t 886 C herry S tre e t 906 C herry S tr e e t 835 Plum S t r e e t 875 Plum S t r e e t 879 Plum S t r e e t 885 Plum S t r e e t 889 Plum S t r e e t 899 Plum S t r e e t 905 Plum S t r e e t 179 F o u r th S t r e e t Brown D orm itory Cloudman D orm itory
H arriso n and Howell D orm itories TOTAL CAMPUS REAL ESTATE

# 3, 373.79 3, 373.79 3. 373.79 3, 373.79 3. 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79 3, 373.79
3 ,3 7 3 .8 0
14, 3m . 26
6 2 ,2 9 6 .5 5
4 5 ,7 8 1 .5 9 101,455.60
$281, 229. 1j4

3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .7 9 3 ,3 7 3 .8 0 1 4 ,3 4 1 .2 6
6 2 ,2 9 6 .5 5 4 5 ,7 8 1 .5 9 101,455.60 2 1,229.1*5

OFF-CAMPUS REAL ESTATE Texas P roperty Lot8 in A tla n ta TOTAL OFF-CAMPUS REAL ESTATE

1 75, 399.10 2, 230.31
$ 77, 629.41

75, 399.10 2, 230.31
77, 629.41

W .G .S .T . BROADCASTING STATION

$ 4 , 915.58 246,663.05

GOVERNMENTAL BONDS S e rie s G - No. V63319O6 S e rie s G - No. V6331916 S e r i e s G - N o. V562I+8O S e r i e s G - No. M4837472 S e r i e s G - No. M1+837U73 S e r i e s G - No. M4837474 S e r i e s G - No. MI4837475 S e r ie s F - No. Q1018ljii4
S e r ie s F - No. Q1018ii43 S e rie s G - No. M6953159 S e r ie s G - No. M69OI634

2- 1/ 2% 2- 1/ 2%, 2- 1/ 2% 2- 1/ 2% 2- 1/ 2% 2- l / 2% 2- 1/ 2%
2- 1/ 2% 2- 1/ 2%

3- 1-60 3- 1-60
7- 1-57 7- 1-58 7- 1-58 7- 1-58 7- 1-58
12- 1-57 12- 1-57 3- 1-61
3- 3-61

$ 4,400.00 1 ,5 5 0 .0 0 5 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 2 5 .0 0 2 5 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0

4 , 184*4o
1,474.05 4 , 775.o o
949.00 949.00 949.00 949.00
23.88 23.88 962.00 962.00

-138

GOVERNMENTAL BONDS (C o n tin u e d ) S e r i e s - No. C5289782 S e r i e s - No. C5289783 S e r i e s - No. C5289781+ S e r ie s - No. C5289785 S e rie s G - No. 7363 S e r i e s - No. 7361+ S e rie s - No. 7365 S e rie s - No. 7366 S e rie s * No. 7367
S e r i e s G - No. 7368
S e rie s G - No. 7369 S e rie s G - No. 7370 S e rie s G - No. 3082
S e r i e s G - No. 3O83 S e r i e s G - No. 3O8U S e r i e s G - No. 3085 S e r i e s - No. 3086
S e rie s - No. 3087
S e r i e s - No. 3088 S e r i e s - No. 3089 C e r t . o f In d . - No. 36033 C e r t . o f In d . - No. 36O3U C e r t . o f I n d . - No. 36035 C e r t . o f In d . - No. 36036 C e r t . o f In d . - No. 18767 C e r t . o f In d . - No. 18768 C e r t . o f In d . - No. I 8769 S e r i e s G - N o. 300287H S e r i e s G - N o. 30028&J S e r ie s G - No. 300289K S e r ie s G - No. 300290L
TOTAL GOVERNMENT BONDS
NOTES RECEIVABLE R e a l E s t a t e - 371 W ash in g to n S t.
OTHER G eorgia Tech Bonds
TOTAL ENDOWMENT INVESTMENTS
GOVERNMENTAL BONDS S e r i e s G - No. V6331886 S e r i e s G - No. V633^ 3+6 S e r i e s G - No. V6331906 S e r i e s G - N o. V6331916 TOTAL GOVERNMENT BONDS

R ate Of D ate Of In te re s t M aturity

Book V alue

M arket V alue

2- I / 2# 2- I / 2#
2-l/2%
2- I / 2#
1- 1A # 1- 1A # 1- 1A #
i-iA #
i-iA #
1- 1A # 1- 1A # 1- 1A # 1- 1/ 1$ 1- 1/ 1$ 1- 1/ $ 1- 1/ 1$ 1- 1/ 1$ 1- 1A # 1- 1/ $ 1- 1/ 1$
1 - 1M
1- 1/ 1$ 1- 1/ 1$ 1- 1/ 1$
i-iA %
1- 1/ 2$ 1- 1/ 2$ 2- 1/ 2# 2- 1/ 2# 2- 1/ 2#
2 - 1 / 2%

3-3-61
3-3-61
3-3-61
3-3-61
I I - I -51 I I - I -51 I I - I -51 I I - I -51 I I - I -51 11- 1-51 I I - I -51 I I - I -51 I I - I -51 I I - I -51 I I - I -51 I I - I -51 11- 1-51 I I - I -51 I I - I -51 11- 1-51 10- 1-51 10- 1-51 10- 1-51 10- 1-51
10- 1-51 IO -I-51 10- 1-51
12-18-72
I 2- I 5-72
12-15-72
12- 15-72

$ 100.00 100.00 100.00 100.00
1 0 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0

96.20 96.20
96.20 96.20 10, 136.00 10, 136.00
10, 136.00 10, 136.00 10, 136.00 10, 136.00

10,000.00 10,136.00

10,000.00 10,136.00

1,000.00 1,013.69

1,000.00 1,013.60

1,000.00 1,013.60

1,000.00 1,013.60

1 ,0 0 0 .0 0
1 , 000.00

1 ,0 1 3 .6 0 1 ,0 1 3 .6 0

1,000.00 1,013.60

1,000.00 1,013.60

10,000.00 10,063.00

10,000.00 10,063.00

10,000.00 10,063.00

10,000.00 10,063.00

1,000.00 1,006.30

1,000.00 1,006.30

1,000.00 1,006.30

10,000.00 9,712.50

10,000.00 9,71 2 .5 0

10,000.00 9,712.50

10,000.00 9,71 2 .5 0

ii .i+ o . ir 187.903.7T

2-1A #

1 6, 393.63 6, 393.63
$ 3, 850.00 3, 671+. 37 $567, 718.06 85U ,833.36

i - INVESTMENTS
me 30 I9 5 I
R ate Of D ate Of In te re st M aturity

Book V alue

M arket V alue

2- I / 2# 2- I / 2#
2-l/2%
2- I / 2#

3-1-60 3-1-60 3-1-60 3-1-60

$ 5, 000.00 5, 000.00 600.00 3, 1+50.00
$ U.S''.'"

+,755.00 +,755.00
570.60
3 ,2 8 0 .9 5 1 3 ,3 6 1 .5 5

139'

NOTES RECEIVABLE S t tide n t Loans
OTHER G eorgia Teoh Bonds C ity o f M a r ie tta Bonds Nos* 38 * 39 TOTAL OTHER
TOTAL LOAN INVESTMENTS

Rate Of D ate Of In te re st M aturity

Book V alue

M arket V alue

1 30,222.1*7 30,222.1*7

2-iA $ 5%

$ 51,150.00
2 ,0 0 0 .0 0
# 53. I 5.

1*8,772.83 2 ,0 0 0 .0 0
5 0 ,7 7 2 .8 3

# 97.1(22.1*7 91**356.85

STATEMENT OF CHANGES IN CASH BALANCES
F o r Y ear Ended Ju n e 30, 195Y

CURRENT FUNDS G eneral R estrioted A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS

Cash balance
J u l y 1 , I 95O

R eceipts For Year

D isbursem ents Cash balance
F o r Y ear Ju n e 30, I 95I

# -68, 1*19. 21*
3 1 ,9 7 8 .8 9 1*1+5.689.1*9 #1*09,21*9.11+
#125,526.1*6

3 ,8 3 7 ,0 5 3 .5 3 111,058.1*6
1 ,6 9 7 .7 2 6 .0 0 5,61+5,837.99
1,751.550.31*

3 ,8 0 9 ,8 3 9 .5 8 8 6 ,7 3 0 .1 6
1,91*0,111.55 5 ,8 3 6 ,6 8 1 .2 9
1 ,6 0 3 ,5 6 7 .1 6

-1*1,205.29 5 6 ,3 0 7 .1 9
203,303.91* 218,1*03.81*
273,509.61*

TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
PLANT FUNDS
TOTAL

# 21,697.92 1*7.823.21*
# 6 9 .5 2 '0 '6
#271,709.61*
#876,006.1+0

23l*759.5l* 36,63l*.68
271,391*. 22 '
968, 226.72

2 2 7 ,5 9 0 .8 9 57,1*83.01*
285,073.93
9 8 5 ,2 7 0 .6 9

8,637,009.27 8,710,593.07

28,866.57 26,971*. 88 55,81*1.1*5
25i+,66 5 .6 7
802,1*22.60

WGST - THE GEORGIA TECH STATION

BALANCE SHEET June 30, 1951

ASSETS

Cash Accrued A ssets A ccounts R eceiv ab le (le s s re se rv e $3,700*00) Fund fo r Post-W ar Improvements of S ta tio n Equipm ent, F u rn itu re , F ix tu re s , e tc , P ro p erty a t J a s p e r, G eorgia D eferred Charges
TOTAL

$ 81,2*93.09 12,200#00
60, 367.56
117,623.62*
158,361*2+1
11,000*00 1,208*21
$1*2+2, >3. 9T

LIABILITIES

Accounts Payable C ontractual Accrued S a la rie s Accrued A udit Fee Reserve fo r:
D epreciation of P lant Post-W ar Improvements of S ta tio n Earned Surplus
TOTAL

, $ 1 2 ,9 7 7 .6 5 6 000.00 1,72*6.62* 725.OO
5 6 ,5 1 7 .9 3 117, 623. 62* 22*6,663.05 12*1*2,253.91

STATEMENT OF INCOME AND EXPENSES For Year Ended June 30, 1951

S ales: N etw ork Local N ational TOTAL
Deduct: Agency Commissions A djustm ents and A llow ances TOTAL
Net Sales

$ 70,298*57
258,556.82
150,023.83 fi*T C 37?r
$ 50, 262**36
6,653.2+5
* 5 6 ,9 1 ?.81
$2*21,961.1*1

Expenses E n g in e e rin g S tu d io S elling A dm inistrative TOTAL
O perating P ro fit
O ther Income and C harges (n e t)

$ 98,272*. 95 62* ,721*80
6 3 ,8 1 9 .9 1 56,319.38 T^3",lT6V ag
$138, 825.3 7
$ 870.96

N ote:

NET INCOME

$139,696*33

The above s ta te m e n ts p e r t a i n i n g t o WGST a r e in c lo s e d f o r in f o r m a tio n only* Inform ation contained in th ese statem ents is not included in other statem ents*
-141-

STATEMENT OF AGENCY FUNDS F o r Y ear Ended. Ju n e 3 0 , 1951
Cash fealance R eceip ts J u l y 1 , 195Q F o r Y ear

D isb u rse m e n tsC a sh Balance For Year June 30. 1951

A le x a n d e r M em o rial FUnd

$

Cheok fo r Cash

F e d e ra l Loan Funds Student A c tiv itie s

6, 045.00

S tu d en t Bank T u itio n D ep o sits - Tech* In st*

36, 310.99 390.00

E v e n in g Soho* Cap & Gown D e p o s it

Teaoher R etirem ent W ithholdings

W ithholding Tax C o lle c tio n s

Ga. Tech Alumni Found a t ion-O ak Ridge

H eld in T ru st-W illia m 0 . Horne

Look and Key D e p o sit Ga* T ech E v en . S c h o o l, F lo w er Fund

1 ,3 3 8 .5 3
30.00

Dean S k ile s Fund

1+10.14

H e ld i n T r u s t - Ammon S i t s h i n

Cap and Gown D e p o s i t s , S p r in g 1950

541.30

S e c u rity D e p o sits, A partm ents Ext* D iv*, S h o rt C ourses & Confs*

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

S tu d en t le c tu re s and C oncerts

1 ,1 4 1 .9 0

S tu d e n t C o u n cil - M usic

1928 M em orial Window

618.00

N .A .E.B. C onvention R e g is tra tio n

T u itio n D eposit-W inter 1951

Tech In st* S tudent A c tiv itie s

-5 9 7 .0 7

P hi Kappa Sigma F r a te r n ity

Bank Exchange

U .S. Savings Bonds D eductions

A*P*0* S tu d e n t Book Exchange

Tech In st* Flow er Fund

86.91

M ilita ry U niform T ru st A ccount

40,513.1*0

T ech I n s t * R in g D e p o s i t , Comm.

843.75

E . P . Maxim C la s s o f 1949, L ib r a r y B u ild in g Fund

19.00

Abid E l- J a d ir S c h o la rsh ip

428.65

Ga. Tech S tudent C ouncil (P ershing)

1 1 ,2 5 8 .5 0

Parking Fines

295.00

N ational I n s titu te of H ealth G rant,

C h lo rm atio n of Amino A cids

N ational I n s titu te of h e a lth G rant,

#2072

8 ,4 1 5 .4 4

N ational I n s titu te of H ealth G rant,
#2086 S tudent Purchase Cards

971.00
31*7.38

S ales T a x -B ritta in D ining H all

S ales Tax-Bradley D ining H all T u itio n D e p o sits, F a ll 1950

8, 525.00

T u itio n D e p o sits, S p rin g 1951 T u i t i o n D e p o s i t s , Summer 1950

7 5 .0 0

S ales Tax - C ollege In n W. A . A le x a n d e r Fund Ga. Tech Glee Club Fund

4 5 .0 0
250.00

Evening Soh* D e p o sit - T u itio n

Summer S c h o o l 1950

4 ,0 0 4 .2 5

-142-

4 5 3 ,5 7 9 .1 2 1 1 ,6 9 6 .6 9 8 ,2 1 9 .3 7
1 1 2 ,9 3 9 .6 3 4 8 3 ,8 0 4 .1 1
1 , 035.00 47.00
99, 997.45 338, 125.26
1 ,0 0 0 .0 0
1 , 711.50 2, 990.03
688.50 687.00
1 , 570.00
2 ,0 8 5 .7 5 3 ,1 2 2 .4 1
124.38 275.00
72.00 50.00
8 ,6 8 8 .6 4 1 1 ,2 8 0 .5 8
292.18 587.50 2 ,3 1 5 .8 7 118.62 8 0 ,7 7 8 .3 4 3 .3 7 4 .1 9
6 4 ,7 2 2 .4 4
139.00
9 ,2 3 4 .0 0
1 3 ,3 4 8 .4 5
538.00
1 1 .8 4
29.66 9, 096.50
25.00
303.90

4 4 0 ,3 7 4 .0 8
11, 696.69
9 .6 1
88, 861.98
4 8 3 ,2 7 5 .0 5
970.00
4 5 .0 0 8 4 ,4 5 9 .2 0 2 6 0 ,9 4 8 .1 2
1 , 000*00
9 1 1 .5 0
1 , 835.00
1 ,0 1 7 .6 4
687.00
541.30 1 ,5 1 3 .3 0 1 ,8 4 5 .3 6 3 ,7 7 3 .2 2
124.38 1 ,2 8 0 .0 0
56.OO 125.00
7 ,5 7 6 .8 4 1 0 ,6 0 2 .9 1
9 9 .9 3 356.25 1 ,0 9 3 .7 5 152.93 7 1 ,2 4 4 .0 1 2 ,7 7 3 .8 8
428.65
7 3 ,6 0 5 .4 3

1 3 ,2 0 5 .0 4
8 ,2 0 9 .7 6 3 0 ,1 2 2 .6 5 3 6 ,8 4 0 .0 5
455.00
2.00
15,538.25 7 7 ,1 7 7 .1 4
800.00 2,493.56
30.00
81.00
2 ,4 5 0 .5 5 698.99 491.09
- 387.00 16.00
-7 5 .0 0 514.73 677.67 192.25 231.25
1 , 222.12 52.60
5 0 ,0 4 7 .7 3 1,444*06
19.00
2,375.51 434.00

7 ,8 3 4 .6 3
1 2 ,6 3 9 .8 3
81.83
885.38
17, 621.50 25.00
7 5 .0 0

1 ,3 9 9 .3 7
9, 124.06
889.17 11.84
29.66
303. 9O 45*oo 250.00

4 , ooi+* 25

Ga. Tech F a c u lty C lub H eld in T ru st-F la v io E. Bendix Sale of Surplus Property S ale of D orm itory F u rn itu re Model House R ep airs C hem istry Breakage Books Atom io E n e rg y Comm* G ra n t T u itio n D e p o s it, F a ll 1951
TOTAL AGENCY FUNDS

Cash alanoa R eceipts Ju ly 1, 1950 For Year

disbursem ents Cash Balance For Year June 50, 1951

$ 112.94 254*00
$125, 526,146

4.556*31. 1 ,5 2 3 .7 5
7, 021.02
196*35
400.00
822.00
2, 826.00 5. 50Q.OO
1 ,7 5 1 ,5 5 0 * 3 4

u . 953.38
1,777.75
10.00 299.60
75.00 1, 603, 567.16

-2 8 4 .1 3
7, 021.02
186*35
400.00 522.40 2, 826.00
5 ,4 2 5 .0 0
2 7 3 ,5 0 9 .6 4

STATEMENT OF OPERATIONS OF UNEXPENDED PIANT FUNDS
F o r Y ear Ended Ju n e 30, 1951

B alan ce

d isburse-

B alan ce

J u ly 1, 1950 R eceip ts m ents T ra n sfe rs June JO, 1951

C i t y o f A t l a n t a A F u lto n Co* Research A ddition

; 52,764.17 228.00

Bond S in k in g Fund

176,078.07

F .W .A P ro je c t No* N .P .2 5

1 ,2 2 0 .0 0

R eh ab ilitatio n P rojects

163.40

S u p erso n ic Wind T unnel

4 8 ,1 0 9 .8 7

D ining H a ll A d d itio n L ibrary B uilding Plans P r e s i d e n t s Home - Mion

4 ,4 5 6 .1 2
9, 124.88 500.00

I n d u s t r i a l Eng* Lab*

2 ,4 9 6 .5 7

Callaw ay S in k in g Fund

7,021*.

Hinman R esearch B u ild in g

8 3 ,2 8 9 .2 6

B radley B uilding

5 1 ,7 8 4 .1 7

P r e s id e n t* s Home F u r n is h in g s

5 ,5 1 5 .9 3

F ra te rn ity H ousing Plans

4 ,5 0 9 .6 5

Land

R eal E sta te Houses

H ightower T e x tile B u ild in g

Navy R esearch B u ild in g

R e st Room-Old Shop B u ild in g

Plans L ib rary & C ollege Inn

Planning and C o n stru ctio n

P la n s - Chem* Annex B u ild in g

A rc h ite c ts Fees - Arch* B u ild in g

S o i l T e s t - New L ib r a r y

R e w irin g Knowles Dorm. - S a f e t y S1 ps

S to ra g e B ldg* - R e se a ro h No* 2

Aluminum ^ B ldg* - R e s e a ro h No* 2

E lect* D ist* System - B radley A rea

Steam L in es - Hinman Bldg*

Boundary Surveys

Replacement Power Cable

E l e o t r i o a l E quipm ent - P o w e ll Dormu

D rill F ield Plans & S p ecificatio n s

E xpress Highway F encing

P la n s - O utdoor Swimming P o o l

50, 000.00 152, 084.76
6 0 ,0 0 0 .0 0
1 ,0 0 0 .0 0 1 5 ,9 0 4 .4 2 88,146.41
27, 631.00 24, 460.40 1 , 986.50
19,946.00
5, 000.00 19, 629.09
1 , 500.00 7, 000.00
1 ,1 0 0 .0 0
30, 000.00
7 ,3 5 8 .1 8
1 , 196.73 6, 363.50
4, 000.00

1, 224.11 -8 6 ,7 1 8 .5 5
-2 2 8 .0 0
154, 892.50

4 8 ,1 9 2 .1 5
4, 129.00
63, 966.39 500.00 853.42

- I 63.40 - 327.12

9 2 ,1 8 4 .7 6
101, 387.92
5, 515.93 437.58
31, 631.00 32, 567.98
1 , 986.50
1 9 ,9 4 6 .0 0
209.10
548.42
19, 629.09

4 ,5 6 4 .0 0
4, 000.00 8, 068.50
10, 000.00

7, 000.00 536.00
4, 150.85 70.67
2, 055.00 8, 554.68 6, 942.30 6, 305.00 14, 297.72 4, 459.04
12.35 760.00

- 564.00 7, 000.00
25, 000.00
14, 275.05
4 ,3 7 5 .o o
3, 000.00 3, 000.00 - 4, 000.00

14, 821.51
173, 270.33 1 , 220.00
-8 2 .2 8
5 ,1 5 8 .4 9
1,643.15 8 ,0 2 4 .4 0 7 ,0 0 8 .9 2 3 8 ,5 4 2 .6 6
8, 636.07
-3 9 .0 8
9 ,7 9 0 .9 0 4 ,4 5 1 .5 8
1 , 500.00
2 ,8 4 9 .1 5 2 9 .9 2 9 .3 3
5 ,3 0 3 .1 8 16,1*45.32 -5 ,7 4 5 .5 7
58.50 - 22.67
-84. o4
3, 000.00
2 ,9 8 7 .6 5
- 76O.OO

143-

B alance

D isburse-

Ba la n c e

J u l y 1 , I 95O R e c e ip ts m ents T r a n s f e r s Ju n e JO, 1951

Catoh B asin G ra te s -D rill F ie ld Paving - Drenshaw F ie ld House Sidew alks - Howell D orm itory Greenhouse V en etian B linds-B row n Dorm, V en etian B lin d s -H a rris Dorm. V en etian B lin d s-H o w ell Dorm. V e n e tia n B lin d s -H a rris o n Dorm. V e n e tia n B nds-T echw ood Dorm. A ir C o n d itio n in g -T Room B radley B u ild in g Equipment Furnace-Tem porary A rch. B ldg. V enetian B linds-H ospital A ir C o n d itio n in g -P res. O ffice
F u rn itu re -B ro w n D0rm.
F u rn itu re -G le n n Dorm. F u r n itu re -H a rris Dorm. F u rn itu re -S m ith Dorm. F u rn itu re -T o w le s Dorm. G arbage Can R a c k s - C a lla ray A p t. F u r n itu r e - H a r r is o n Dorm. F u rn itu re-H o w e 11 Dorm. L ights-C hem istry D ept. Gas T ruck L i f t Stage C urtains-Y .M .C .A. T a b le t Arm C h a ir s D ebt S ervice-B row n Dorm. D ebt Service-C loudm an Dorm. D ebt S e rv ic e -H a rris o n Dorm. D ebt Service-H ow e 11 Dorm. Debt S erv ice-1 7 Houses Debt Service-179 Fourth S t. S pecial Planning T ransfers to Educa. & G eneral T ransfers to A uxiliary E nter. Sale of Property Steam L ine t o Hinman B ld g .
TOTALS Investm ents

$
W T ^ W
- 175, 554.85

226.00
2, 115.00 650.00 682.71 750.00
1 , 100.00 1 , 750.00 4, 045.00 50, 000.00 1 . 231.U5
257.60 1. 1*38.33
9 ,8 7 4 .0 0
52, 167.00
1 2 ,5 6 3 .0 0 2 5 ,2 5 6 .0 0
40, l 40.00
7 ,5 3 7 .0 0
675.OO
4 ,3 4 0 .0 0
4 92.20 5, 000.00
2 ,8 8 3 .1 8 2 ,4 8 1 .8 3 8 ,0 5 2 .9 8 6 ,1 3 0 .0 7 9 ,5 1 8 .6 0 1 ,2 0 0 .0 0
11, 400.00
4, 300.00
107.93 792,671.07 175,554.85

226.00
2 ,2 9 6 .7 3
2, 115.00 666.98
773.91
852.36
993-82 1 ,6 4 5 .6 4
543.45 7 ,0 7 7 .7 7 1 ,2 3 1 .4 5
257.60

7, 000.00 1 , 000.00
16.98 91.20 102.36 - 106.18 - 104.36
-3 ,1 3 7 .0 9

4 ,7 0 3 .2 7
1, 000.00
364.46
1+2,922.23

1.438.33
10.00 - 7 ,3 9 8 .0 0 40, 850.68 -1 2 ,1 7 9 .3 5
547.60 - 9 ,7 1 7 .6 9
39, 019.13 1 4 ,7 2 2 .0 3 34, 098.93 - 7 ,3 5 2 .4 2
863.00 13, 536.63 2 1 ,2 8 5 .0 9 6, 269.56 640.34

492.20
4 ,7 8 6 .8 0

- 213.20

2, 466.00 - 863.03
2 ,2 9 7 .7 1 958.90
-1 ,3 1 1 .3 5
- 863.OO
7 ,7 4 8 .4 5 1 ,9 0 7 .7 8
675.OO
4 ,3 4 0 .0 0

2 ,8 8 3 .1 8 2 ,4 8 1 .8 3 8 ,0 5 2 .9 8
6, 130.07
9 ,5 1 8 .6 0 1 ,2 0 0 .0 0
712.53 3,464.21
829,982.1+3 155,288.26

11, 400.00
712.53
3 ,4 6 4 .2 1
4 ,3 0 0 .0 0
- 107.93
409,953.93 -1 5 5 ,2 8 8 .2 6

TOTAL

1271, 709.64 9 6 8 ,2 2 6 .7 2 9 8 5 ,2 7 0 .6 9

254,665.67

STATEMENT OF UNEXPENDED PIANT FUNDS For Year Ended June 30, 1951

Funds for P lan t Debt

A dditions

Service

T o ta l

BALANCE, BEGINNING OF YEAR
ADDITIONS t G ifts and Grants W .G.S.T. Radio S ta tio n F lo r e n c e Hand Hinman E s ta te TOTAL GIFTS AND GRANTS

-144

$264, 162.02 1 8 3 ,1 0 2 .4 7 1447,264.49

$ 15,904.142
$ 15,904.42

35, 000.00 35, 000.00

35, 000.00
1 5 ,9 0 4 .4 2
50, 904. 4

ADDITIONS (C o n tin u e d ) E arnings on Temporary Investm ents I n te r e s t on Temporary Investm ents
Governm ental A p p ro p riatio n s S ta te o f Ga. - Board of Regents C ity of A tlanta F u lto n County F e d e ra l Government S ta te of Ga. - B u ild in g A u th o rity TOTAL GOVERNMENTAL APPROPRIATIONS

Funds fo r P lant Debt

A dditions

S e rv ic e

T otal

1
# 35, 000.00 25, 000.00 25, 000.00 34, 9146.00 75, 000.00
#194,946.00

2,193.13

2 ,1 9 3 .1 3

35, 000.00 25, 000.00 25, 000.00
34,946.00
75, 000.00
194,946.00

Sale of P roperty Houses Land TOTAL SALE OF PROPERTY

# 800.00
3, 500.00 $ 4, 300.00

800.00
3, 500.00 4, 300.00

T ransfer from G eneral Funds P lan n in g and C o n stru c tio n Furnace-H angar Type A rch. B ldg. V enetian B linds, H o sp ital A ir C onditioning P res. O ffice Catch B asin G rates, D r ill F ield S ta g e C u r ta in s , Y.M.C.A. F lo u reso en t L ig h ts, C hem istry D ept. Gas T ru ck L i f t Aluminum. H o u se, R e s e a rc h A rea N o. 2 Hightower T e x tile B uilding Boundary Surveys Greenhouse Hinman R esearch B u ild in g TOTAL TRANSFERS FROM GENERAL FUNDS

# 19, 629.09 1, 231.45 257.60 1 , 438.33 226.00 492.20 675.00 4, 340.00
7 ,3 5 8 .1 8 1,986.50
6 ,3 6 3 .5 0
2, 115.00
1 ,3 0 4 .6 6
T W 2 F F 5 T--

19, 629.09 1. 231. 1*5
257.60 1, 438.33
226.00 492.20 675.00 4, 340.00
7 ,3 5 8 .1 8
1 ,9 8 6 .5 0
6 ,3 6 3 .5 0
2, 115.00
1 ,3 0 4 .6 6
4 7 ,4 l7 .5 T

T ran sfer from A u x ilia ry Funds Purchase of K eeler P roperty -Tenth S t. Purchase of Curren P ro perty -159 F ourth St. P u rch ase o f Howey P ro p e rty -171 F o u rth S t . Purchase of Cooper Property-185 fo u rth S t. B radley B uilding F u r n i t u r e , Brown D o rm ito ry F u rn itu re , Glenn D orm itory F u rn itu re , H a rris D orm itory F u rn itu re , Sm ith D orm itory F u r n i t u r e , Towers D0r m ito r y F u rn itu re , Howell D orm itory Equipm ent, B radley B u ild in g Brown D orm itory Cloudman D orm itory H arriso n D orm itory Howell D orm itory R ental Property V enetian B lin d s, H a rris D orm itory Bond S in k in g Fund C allaw ay No. 1, S in k in g Fund V e n e tia n B lin d s , Brown D orm itory V enetian B lin d s, H arris Dorm itory

# 10, 631.00 16, 460.40 15, 631.00 9, 369.00 88, 1146.41 9, 874.00 52, 167.00 12, 563.00 25, 256.00 40, 140.00
7 ,5 3 7 .0 0
50, 000.00
122.71
650.00 560.00

-145-

2 ,8 8 3 .1 8 2,481.83 8 ,0 5 2 .9 8
6, 130.07
1 0 ,7 1 8 .6 0
149,891.63 1 ,0 0 0 .0 0

1 0 ,6 3 1 .0 0 l6 ,4 6 0 .4 0 15,631.00
9 ,3 6 9 .0 0
88,146.41 9 ,8 7 4 .0 0 5 2 ,1 6 7 .0 0
1 2 ,5 6 3 .0 0 2 5 ,2 5 6 .0 0
40, 140.00
7 ,5 3 7 .0 0
50, 000.00
2 ,8 8 3 .1 8 2 ,4 8 1 .8 3
8 ,0 5 2 .9 8
6 ,1 3 0 .0 7 1 0 ,7 1 8 .6 0
I 22. 7I
149,891.63 1 ,0 0 0 .0 0
650.00 560.00

ADDITIONS (C o n tin u e d ) T ran sfer from A u x ilia ry Funds (C ont'd) V enetian B lin d s, Howell D orm itory V en etian Bi i nd s , H a rriso n D orm itory V e n e tia n B lin d s , Teohwood D orm itory A ir C o n d i tio n in g , T Room TOTAL TRANSFER FROM AUX. EXTER.
TOTAL ADDITIONS

Funds fo r P lan t Debt

A dditions

S e r v ic e

T o ta l

$ 750.00
1 , 100.00 1 , 750.00 i+,0U5.00
13*46,752.52
$609,320.i+5

181,150.29
218, 351. 1*2

750.00 1 , 100.00 1, 750.00
l*,oU 5 .o o
527, 910.81
827, 671.87

DEDUCTIONS! Expended fo r P la n t A dditions Land K eeler P ro p erty -Tenth S tre e t 171 F o u rth S tr e e t 159 F ourth S tre e t 185 F o u rth S tr e e t TOTAL LAND

$ 20, 000.00
2, 631.00 5, 000.00 , 000.00 I 31, 631. 00" ~

20, 000.00
2, 631.00 5, 000.00 , 000.00
31, 651.00

B u ild in g s and A d d itio n s to B u ild in g s Hightow er T e x tile B ldg. Hinman R esearch B u ild in g S . P rice G ilb e rt L ibrary B ldg. Plans B radley B uilding 171 F o u rth S tr e e t Navy R esearch B u ild in g Old Shop B u ild in g P lans fo r Remodeling L ib ra ry A rchitecture B uilding B r itta in D ining H all 159 F o u rth S tr e e t S torage B ld g ., R esearch A rea No. 2
185 F o u rth S tr e e t TOTAL BUILDINGS AND ADDITIONS

$ 1, 986.50 92, 18*4.76
6*4, 502.39 101, 387.92 13, 090.00 19, 9*46. 00
*4, 359.95 5*48. *42
7, 000.00 **,129.00 1 1 ,460. *4.0
2, 125.67 8, 017.58
$330, 736. 59" "

1 , 986.50
92,18*4.76
6*4, 502.39 101, 387.92 13, 090.00 19, 9*46.00
*4, 359.95
5*48.*42
7, 000.00 , 129.00 11 ,*460. *40 2, 125.67 8, 017.58 330, 738.59

Improvements o th e r th a n B u ild in g s E le c tr ic a l D is trib u tio n System Steam D is tr ib u tio n L ines Boundary Surveys F encing, Paving, C atch B asin P la n s , O utdoor Swimming P o o l TOTAL IMPROVEMENTS OTHER THAN BLDGS

$ 28,535.55
6, 9*42.30 6, 305.00
2 ,5 3 5 .0 8
760.00


2 8 ,5 3 5 .5 5
6, 9*42.30 6, 305.00
2,535.08
760.00
................

Equipment B u ild in g s and Grounds Brown D orm itory H arris D orm itory Howell D orm itory H arriso n D orm itory Techwood D orm itory B r itta in D ining H all B radley D ining H all A rc h ite c tu re D epartm ent
Infirm ary P re sid e n t's O ffice Glenn D orm itory

-146-

$ 2, 115.00 676.98
1 , 321.51 7, 121.92
1*4, 530. *45
^ 5. 6*4
5*43. *45
7, 077.72 1 , 231**45
257.60 1 ,*438.33 *40, 850.68

2, 115.00 676.98
1 , 321.51 7, 121.92 1*4, 530. *45
1,6*45.6*4
5*43. *45
7, 077.77
1 ,2 3 1 . *45
257.60
l , *438.33
*40, 850.68

Equipment (C ontinued) Smith Dormitory Towers Dorm itory S u p e r so n ic Wind Tunnel P r e sid e n t's House In d u str ia l E ngineering Lab, Callaway Apartments Y.M.C.A. T ablet A m Chairs TOTAL EQUIPMENT
TOTAL EXPENDED FOR PIANT ADDITIONS
Indebtedness R etired Corner N orth Avenue and H em phill Bonds R etired T rust Funds Brown D orm itory Cloudman D orm itory H arrison Dormitory H ow ell Dormitory Rental Property TOTAL INDEBTEDNESS RETIRED
Other D eductions I n t e r e s t on In d eb ted n ess Bonds Trust *unds Brown Dorm itory Cloudman D orm itory H arrison Dormitory H owell Dormitory Rental Property TOTAL INTEREST
Other E xpenditures not C a p ita lized F ra te r n ity Housing Plans P la n n in g and C o n str u c tio n TOTAL EXPEN. NOT CAPITALIZED
T ransfers t o General Funds S u p erso n ic Wind Tunnel P r e s id e n t ' s Home, F u rn itu re M iscellaneous Balances TOTAL TRANSFERS TO GENERAL FUNDS
Transfers to A uxiliary E nterprises
TOTAL TRANSFERS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds fo r P la n t Debt

A dditions

S e r v ic e

$ 39,019.13'
3 k .098.93 k , I 9 2 . 15
500.00
8 5 3 .I +2
863.00
1+9 2 . 20 l+,786.80 ?S3 , 6 l 6 .1+l

$571,063.93

T otal
39,019.13 3I+,098.93 1+,192.15
5OO.OO 853.1+2 8 6 3 .OO I+9 2 .2 0 l+,78 6 .8 0 "Y53" '6i'6'.I+l
571,063.93

$

3 5 , 000.00

3 5 , 000.00

9 2 , 000.00

9 2 , 000.00

1,293.1+3 l , 30l+.67 5,257.91 3,91+5.50 8, 3 18 .18 11+7,119.69

1,293*1+3 l,30l+.67
5,257.91 3,91+5.50 8, 3 18 .18 11+7 , 1 1 9 . 6$

$

62,892.50 6 2 , 8 9 2 .5 0

1,589.75 1 , 177.16

1,589.75 1,177.16

2,795.07 2,795.07

2,181+. 57 2 , 1+00. 1+2

2,181+. 57 2 , 1+00. 1+2

T~

73,039.1+7 73,039.1+7

$ 1+3 7 .5 8 19 , 629.09
$ 20, 066.67

I+3 7 .5 8 19,629.09 20,066.67

$ 1+1+,000.00 5,515.93
7 1 2 .5 3
$" 5 0 , 228. 1+6
$ 3,1+61+. 21
$ 53,692.67
$61+1+, 823.27
$228,659.20

220,159.16
181,291+. 73

l+i+,0 0 0 .0 0 5,515.93 712.53 50 , 220. 1+6
3,1+61+. 2 1
53,692.67
861+,892. 1+3
1+09,953.93

147-

SUMMARY OF INVESTMENT IN PUNT As o f June 30, 1951

VALUE OF P U N T , JULY 1 , 1950

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 u rren t E xpenditures Expended from A u x ilia ry Funds and in clu d ed in C urrent E xpenditures TOTAL ADDITIONS

# 571,063.93 181*,667. 51 31+.715.16

VALUE OF PU N T , JULY 1 , 1950, PLUS ADDITIONS

DEDUCTIONS DURING YEAR A rch. Plans T ransferred to B uilding A uthority Land S old B uildings Sold

$ 7, 000.00 3, 500.00
15, 960. 1*0

VALUE OF PU N T, JUNE 3 0 , 1951

DEDUCT: PUNT INDEBTEDNESS Bonds O utstanding Due Endowment Funds

$2, 693, 000.00 281, 287.28

INVESTMENT IN PU N T , JUNE 3 0 , 1951

#16,170,155.57
# 790,14*6.60 # 1 6 ,9 6 0 ,6 0 2 .1 7
# 26, 1*60. 1*0
#16,931*, 11*1.77
$ 2, 97^ , 287.28
#13.959,851+.1+9

STATEMENT OF INVESTMENT IN PUNT
F o r Y ear Ended Ju n e 30, 1951

LAND Campus Off-Campus - W ille o Farm TOTAL LAND

Investm ent B eg in n in g
Of Year

Investm ent

End Of

A dditions Deductions

Year

$ 1 , 232, 217.00 31, 631.00 3, 500.00 1 , 260, 31*8.00

18, 91*7.80

18, 91+7.80

3l , 63l . 0 3, 500. 00" 1 ,2 7 9 , .B 5

BUILDINGS A dm inistration Knowles Guggenheim A ero n a u tics A eronautics Shop A eronautics O ffice Plans for A rch itectu re B uilding
688 Cherry S t r e e t - A rch.
70l* Cherry S t r e e t - A rch. 708 Cherry S tr e e t - Arch. 712 Cherry S tr e e t - Arch. 661 Plum S t r e e t - A rch. Hangar Type Arch. B u ild in g
639- 1*3 H em phill A ve. - A rch.
Ceramic E n gin eerin g C iv il Engineering E le c tr ic a l Engineering E le c tr o n ic s R esearch (Temp.)

$ 70, 000.00 50, 000.00 98, 000.00 2, 000.00 1 , 000.00
1,800.00 1 ,8 0 0 .0 0 1 ,8 0 0 .0 0 1,800.00 1 ,8 0 0 .0 0
5 ,0 8 7 .2 9
3, 600.00 1*9, 000.00 155, 000.00 i+5, 000.00
2, 000.00
-148'

7, 000.00 7, 000.00

70, 000.00 50, 000.00 98, 000.00
2, 000.00 1 , 000.00
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0 1 ,8 0 0 .0 0
5 ,0 8 7 .2 9
3, 600.00 1+9, 000.00 155, 000.00 i+5, 000.00
2, 000.00

Investm ent B eginning
Of Year

A dditions D eductions

HIDINGS (C o n tin u e d ) E n g in e e rin g , Drawing & M echanics

$ 173, 000.00

287 Ponce de Leon - I n d . Eng #

1 ,8 0 0 .0 0

278 Ponce de Leon - E ngr. Dean M echanical E ngineering M echanical E n g in eerin g (Temp.)

1 ,8 0 0 .0 0
210, 000.00 1, 500.00

273 Ponce de Leon - Meoh. Eng*

1 ,8 0 0 .0 0

680 C herry S tre e t - S a fe ty Eng,

1 ,8 0 0 .0 0

Hightower T e x tile B u ild in g

1 ,0 9 5 ,5 ^ 0 .5 8

Old Shop B u ild in g Old Shop Annex 272 T h ird S t. - E le c tr ic a l Shop

60, 217.88 2, 000.00 1 , 500.00

Lyman H a l l - C h e m is try C hem ical E n g r. - (Temp.) C hem istry Annex C hem istry Annex - (Temp. ) Physics B uilding
27I+ Ponce de Leon - P sy c h o lo g y
M ilitary R ifle Range

155, 000.00 4, 200.00 50, 000.00 4, 200.00
180, 070.22
1 ,8 0 0 .0 0
10, 000.00 3, 000.00

718 C herry S tre e t - M ilita ry 734 C herry S tre e t - A ir Eorce Hq. Classroom B u ild in g P lans 716 C herry S t. - Hq. R.O .T.C. N aval Armory A. French B uilding Modern Language E ngineering Experim ent S ta tio n C alcu lato r B uilding

1 ,8 0 0 .0 0
2, 500.00
3, 592.50 4, 500.00 102, 000.00 70, 268.03
16, 714.81 94, 000.00 130, 000.00

719 C h e rry S t r e e t - R e s e a rc h Annex No. 2

1 ,8 0 0 .0 0

713 C herry S tre e t - Photo L aboratory

1 ,8 0 0 .0 0

709 C herry S tr e e t - R esearch A nnexN a4

1 ,8 0 0 .0 0

Navy R esearch B u ild in g W hite Frame House - R esearch No. 1

3, 000.00

S to r a g e B u i ld in g - R e s e a rc h A re a N. 2 Aluminum B u ild in g - R esearch C ry stal A sc illa to r Laboratory R esearch Annex No. 3

900.00 500.00
2, 500.00

Hinman R esearch B u ild in g

255, 217.97

663 Plum S t r e e t - H o te l Adm.
Swann

1 ,8 0 0 .0 0
50, 000.00

283 Ponce de Leon - E x t. D iv.

1 ,8 0 0 .0 0

A u d ito riu m Gymnasium Power P la n t

2 6 6 ,0 0 0 .0 0
241, 000.00

Pump S t a t i o n P o s t O f f ic e and S to c k Room

1 ,0 0 0 .0 0
5, 000.00

Garage and W arehouse

11, 417.67

G reenhouse - B o ile r House

800.00

Greenhouse

1 ,0 0 0 .0 0

268 Ponce de Leon - V e t. Guidance

1 ,8 0 0 .0 0

277 Ponce de Leon - V e t. Guidance

1 ,8 0 0 .0 0

694 Cherry S tre e t - Planning & Const. L ibrary

1 ,8 0 0 .0 0
31, 000.00

S. Price G ilb ert L ibrary H ospital

8 ,5 9 2 .1 9
27, 000.00

1 ,9 8 6 .5 0
4, 359.95
19, 946.00 2, 125.67
9 2 ,1 8 4 .7 6
548.42 6 4 ,5 0 2 .3 9

Investm ent
End Of Year
173, 000.00
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
210, 000.00 1 , 500.00
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
1 ,0 9 7 ,5 2 7 .0 8
6 4 ,5 7 7 .8 3
2, 000.00 1 , 500.00 155, 000.00 4, 200.001 50, 000.00 4, 200.00 180, 070.22
1 ,8 0 0 .0 0
10, 000.00 3, 000.00
1 ,8 0 0 .0 0
2, 500.00
3 ,5 9 2 .5 0
4, 500.00 102, 000.00 70, 268.03 1 6 ,7 1 4 .81 94, 000.00 130, 000.00
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
19, 946.00 3, 000.00 2, 125.67
900.00 500.00 2, 500.00
347, 402.73
1 ,8 0 0 .0 0
50, 000.00
1 ,8 0 0 .0 0
2 6 6 ,0 0 0 .0 0
241, 000.00
1 ,0 0 0 .0 0
5, 000.00 11, 417.67
800.00
1 ,0 0 0 .0 0 1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
1 ,8 0 0 .0 0
3 1 ,5 4 8 .4 2
7 3 ,0 9 4 .5 8
27, 000.00

149-

B . BUIIDINGS (C o n tin u e d )
Y .M .C .A . W ille o Farm - 3 Roo H ouse
W ille o Farm - 3 Houses @$1,500*00 W ille o Farm - 3 Hoorn H ouse
W illeo Farm Barn W ille o Farm O uthouse Crenshaw F ie ld House A th le tic O ffice B uilding Rose Bowl S to r a g e Room P r e s i d e n t 's Home 204 N orth Ave. - D r. B r itta in Rear - 204 N o rth Avenue Brown D orm itory Cloudman D orm itory H a rris D orm itory H arriso n D orm itory H ow ell D orm itory G lenn, Sm ith & Towers D o rm ito ries
Burge A partm ents Callaw ay A partm ents
B r itta in D ining H a ll &A dditions B o ile r House - D ining H a ll S t o r e & L o ck er Room - D in in g H a l l
B radley B uilding 153 F o u rth S t r e e t - R e n ta l 159 F o u rth S tr e e t - R e n ta l 167 F o u rth S tr e e t - R e n ta l
171 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 e n ta l 185 F o u rth S tr e e t - R e n ta l R ear - 179 F o u rth S t. - Garage A pt,
313 F ourth S t. - R en tal
317 F o u rth St.* - R en ta l
323 F o u r th S t . - R e n ta l
259 F if th S t, - R e n ta l 260 F if th S t. - R en tal 269 F i f t h S t . - R e n ta l 276 F if th S t. - R en tal 286 F if th S t. - R e n ta l
296 F i f t h S t . - R e n ta l 311 F i f t h S t . - R e n ta l
259 E ig h th S t, , - R e n ta l 29 Tenth S t. - R en tal 7ll|. Techwood - R e n ta l 737 Techwood - R e n ta l
792 Techwood - R e n ta l 682 Plum S t r e e t - R e n ta l ( 2)
835 Plum S t r e e t - R e n ta l
875 Plum S t r e e t - R e n ta l 879 Plum S t r e e t - R e n ta l 885 Plum S t r e e t - R e n ta l
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

Investm ent B eg in n in g
Of Year

Investm ent

End Of

A dditions D eductions

Year

7 0 ,0 0 0 .0 0

4 ,5 0 0 .0 0

,5 0 0 .0 0 2 ,2 5 0 .0 0

9 0 0 .0 0

150.00

1 5 ,0 0 0 .0 0

7 0 ,0 0 0 .0 0

1 ,5 0 0 .0 0

102, 791*55 1 1 ,7 0 0 .0 0

500.00

5 8 ,0 0 0 .0 0

7 7 ,0 0 0 .0 0

7 1 ,0 0 0 .0 0

152,000.00

1 3 7 ,2 0 0 .0 0

1, 595, 835*03 683,7142.20

1, 329, 543.95 192,185.83 4 ,1 2 9 .0 0

1 ,0 0 0 .0 0

2 ,0 0 0 .0 0

4 , 903.91 1 0 1 ,3 8 7 .9 2

4 ,5 0 0 .0 0

4 ,5 0 0 .0 0

11,460.40 11,460.40

3 ,5 0 0 .0 0

1 3 ,0 9 0 .0 0

1 3 ,5 0 0 .0 0

8 ,0 1 7 .5 8

1 ,0 0 0 .0 0

2 ,2 5 0 .0 0

3 ,6 0 0 .0 0

3, 600.00 3, 600.00

3 ,6 0 0 .0 0

3, 600.00

3 ,6 0 0 .0 0

3 ,6 0 0 .0 0

3 ,6 0 0 .0 0

3 ,6 0 0 .0 0 8, 000.00

4 ,5 0 0 .0 0

,5 0 0 .0 0

1 5 ,0 0 0 .0 0

,5 0 0 .0 0

2, 000.00

4 ,0 0 0 .0 0 , 000.00

4 ,0 0 0 .0 0

, 000.00 , 000.00

, 000.00

7 0 ,0 0 0 .0 0 4 ,5 0 0 .0 0 ,5 0 0 .0 0 2 ,2 5 0 .0 0 9 0 0 .0 0 150.00 1 5 ,0 0 0 .0 0 7 0 ,0 0 0 .0 0 1 ,5 0 0 .0 0
102,791.55 1 1 ,7 0 0 .0 0 500.00 5 8 ,0 0 0 .0 b 77,000.00 7 1 ,0 0 0 .0 0
152,000.00 137,200.00
1 ,5 9 5 ,8 3 5 .0 3 683, 71*2.20
1 ,3 2 9 ,5 4 3 .9 5 196,314.83 1, 000.00 2, 000.00
106,291.83
3 ,5 0 0 .0 0 13,090.00 ^ 3 ,5 0 0 .0 0
8 ,0 1 7 .5 8 1, 000.00 2 ,2 5 0 .0 0 3 ,6 0 0 .0 0 3 ,6 0 0 .0 0 3, 600.00 3, 600.00 3 , 600.00 3 ,6 0 0 .0 0 3 ,6 0 0 .0 0 3 ,6 0 0 .0 0 3 ,6 0 0 .0 0 8, 000.00 ,5 0 0 .0 0 ,5 0 0 .0 0 1 5 ,0 0 0 .0 0 ,5 0 0 .0 0 2, 000.00 4 ,0 0 0 .0 0 , 000.00 , 000.00 , 000.00 , 000.00 , 000.00

150-

B . BUIIDINGS (C o n tin u e d ) Plum S t r e e t - R e n ta l
836 C h e rry S t r e e t - R e n ta l
8i|6 C h erry S t r e e t - R e n ta l 850 C herry S tr e e t - R ental
856 C h e rry S t r e e t - R e n ta l
866 C herry S tre e t - R ental
87O C h e rry S t r e e t - R e n ta l 876 C h e rry S t r e e t - R e n ta l
880 C herry S tre e t - R ental 886 C herry S tr e e t - R en tal 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 BUIIDINGS Rose Bowl S tands Tennis C ourts P la n s - O utdoor Swimming P o o l G rant F ield Steam and E le c tr ic System Sidew alks, S tre e ts , Fences, etc, W ater System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT A dm inistrative O ffides Physical P lan t L ibrary H ospital I n s tru c tio n a l D epartm ents O rganized R esearch E xtension D ivision A partm ents D orm itories D ining H alls C ollege Inn P r e s i d e n t 1s Home R ental Property Technical I n s titu te Y .M .C .A . TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investm ent

Investm ent

B eg in n in g

find Of

Of Year A dditions D eductions

Year

$ 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 4, 000.00 1 , 500.00
$ 8 ,5 ^ 6 ,9 7 1 .6 1 330,738.59 22,960.1+0

4, 000.00 4, 000.00 4, 000.00 4, 000.00
4, 000.00 +,000.00 +,000.00 +,000.00 +,000.00 +,000.00 4, 000.00
1 , 500.00
8, 8514, 7*49.80

$ 70, 000.00

46,1428.45

76O.OO

9 4 7 ,2 9 5 .0 3
226, 861.63 3 5 ,4 7 7 .8 5 1 9 5 ,1 5 6 .2 5 8, 840.08 115, 536.00

$ 1,601,277.36 45,077.93

70, 000.00 46, 428.45
760.00 947, 295.03
262,339.48
203, 996.33 115, 536.00
1 , 6/46, 355.29

$ 97,806.41
627, 448.18
5 1 5 ,4 8 7 .1 2
22, 719.62 2, 323, 028.56
547,906.35

6 ,5 9 3 .8 1
15, 106.12 46, 036.21
4 ,2 9 7 .4 1
5 3 ,7 2 6 .4 5
52, 960.66

17,470.48 2,035.87

93,057.02 1,059.47
142, 330.26 1 4 1 ,7 0 1 .5 0

87,422.84 13,925.85
62, 971.63 2 4 ,7 6 9 .6 3 37, 227.53 1 ,1 0 7 .3 8
1, 008.17 195, 865.80 1 8 ,1 7 8 .3 5
4 9 2 .2 0
$ 4-,770, 7141.8 0 3 8 2 ,9 9 9 .0 8

104, 400.22 642, 554.30 561, 523.33 27, 017.03 2, 376, 755.01 600, 867.01
19, 506.35 94, 116.49 284, 031.76
101,348.69
87, 741.26 38, 334.91
1 ,0 0 8 .1 7 2l4,04+.15
492.20 5, 153, 740.88

$ 1 6 ,1 7 0 ,1 5 5 .5 7 790,1i4 6 .6 0 2 6 ,4 6 0 .4 0 1 6 ,9 3 4 ,1 4 1 .7 7

-151-- $9

PROPERTY UNDER LEASE F o r Y ear BncLecL Ju n e 3 0 , 1951

NAVY BASE B u ild in g No* 8 B u ild in g No* 9 B u ild in g No* 1QA B u ild in g No* 11 B u ild in g No. 12 B u ild in g No* 13 B u ild in g No. 17 B u ild in g No* 19 B u ild in g No. 20 B u ild in g No. 2+ Gymnasium
TECHWOOD DORMITORY
LAWSON APARTMENTS
TOTAL BUILDINGS UNDER LEASE


Investm ent

Investm ent

B eginning

End Of

Of Year A dditions D eductions

Year

1 150, 000.00 198,000.00 3 3 ,9 0 0 .0 0 7 9 ,8 0 0 .0 0 7 9 ,8 0 0 .0 0 7 9 ,8 0 0 .0 0 121,100.00 1 7 1 , 000.00 1 7 1 , 000.00 13 5 , 500.00 100,000.00
250, 000.00
1 ,2 0 0 ,0 0 0 .0 0
1 2,769,900.00

150, 000.00 198,000.00
3 3 ,9 0 0 .0 0 7 9 ,8 0 0 .0 0 7 9 ,8 0 0 .0 0 7 9 ,8 0 0 .0 0 121,100.00 1 7 1 , 000.00 1 7 1 , 000.00 135,500.00 100,000.00
250, 000.00
1 ,2 0 0 ,0 0 0 .0 0
2 ,7 6 9 ,9 0 0 .0 0

152

NORTH GE O RG I A COL'LEGE FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 30, 1951
N orth G eorgia C ollege Dahlonega, G eorgia
>1SS<

BALANCE SHEET Juae 3 0 , 1951

I . CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Accounts R eceivable TOTAL GENERAL FUNDS

ASSETS

$

2,000*00

1558l+.l+3

3,232*32

$ 20,816*75

B. RESTRICTED Cash in Bank
C. AUXILIARY Cash on Hand Cash in Bank Accounts R eceivable Stores (In v en to ries) TOTAL AUXILIARY FUNDS

1.3Q1+.93

1+50.00 25,155.1+8
1+0 8 .76 78,790.01+


10l+,8Ql+.28

TOTAL CURRENT FUNDS

126,925.96

I I . AGENCY FUNDS Cash in Bank Investm ents

* 20,506.89 311+.50

TOTAL AGENCY FUNDS

20,821.39

I I I . STUDENT LOAN FUNDS Cash in Bank N otes R eceivable Investm ents



503.93

180.00

5 , 000.00

TOTAL STUDENT FUNDS



5 ,6 8 3 .9 3

IV . PLANT FUNDS UNEXPENDED Cash in Bank

*

71+1+.02

EXPENDED Land
Improvements O ther th a n B u ild in g s B uildings E quipm ent
TOTAL EXPENDED

| : 3l+, 5 0 0 .0 0 137,038.20
1.31+7,987.71 i+5l+,866. 9l+

|l,9 7 l+ ,392.85

TOTAL PLANT FUNDS

1,975,136.87

TOTAL ASSETS

2,128,568.15

,

-154-

BALANCE SHEET June 50 1951

LIABILITIES

I . CURRENT FUNDS A. GENERAL A ccounts Payable Purchase Orders O utstanding C ontracts N egotiated U nearned Income TOTAL GENERAL FUNDS

I

1, 176.66

309.98

7,815.85

11, 51^.26

I 20,816.75

B. RESTRICTED Fund Balance

1.30U.93

C. AUXILIARY

Accounts Payable

*

Purchase Orders O utstanding

U nearned Income

C ontracts N egotiated

Reserve fo r S tores (In v e n to rie s)

A u x iliary Surplus

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

1, 229.06
1.281.19 9.007.20 9, 100.00 78,790.QU
3>396.79
$

1QU,8qU>28 $

126, 925.96

I I . AGENCY FUNDS Fund B alanoes

$ 20,821.39

TOTAL AGENCY FUNDS

$ 20,821.39

I I I . STUDENT LOAN FUNDS Fund B alanoes

* 3,683.93

TOTAL STUDENT LOAN FUNDS
IV . PLANT FUNDS A. UNEXPENDED Unexpended Fund B alance

* 5,683.93

*

71U4-02

B. INVESTED IN PLANT Loans Payable Net Investm ent in P la n t TOTAL EXPENDED

I 36,198.62 1,938,19^.23
1,9714,392.85

TOTAL PLANT FUNDS

1,975,136.87

TOTAL LIABILITIES

2,128,568.15

155

STATEMENT OF CURRENT INCOME F or Y ear Ended Ju n e 30# 1951

A . EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atricu latio n H ealth S ervice Summer S e s s io n O ther
TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS S ta te o f G eorgia R egular O perations

OTHER SOURCES S ales Land S c rip t
TOTAL OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME

B . AUXILIARY INCOME BOOKSTORE

DORMITORIES Sanford H all Barnes H a ll B arracks Band House TOTAL DORMITORIES

DINING HALL

FARM AND DAIRY

UNIFORM EXCHANGE

STUDENT*S EXCHANGE

STAFF HOUSING (REGULAR)

STAFF HOUSING (SPECIA L)

VETERAN HOUSING

TOTAL AUXILIARY INCOME

NON-INCOME S a le s Tax

TOTAL AUXILIARY RECEIPTS

TOTAL CURRENT INCOME

-156-

G eneral Incom e
* 8#566.87 78.311+.00 7 .7 1 7 .8 1 20,521.93 1,059.00
4 116,179.61

# 203,000.00

*

174.31

800.00

1

97TT3I

* 320,153.92

t 21,500.00

I 10,250.50 1 1 ^ 7 5 .^ 0 H+,251.10 11,296.00
* 1+0,273.00
$ 13!+.869.18
* 12.575.llt,
19,150.62
t 3 3 .3 l8 .i2
1 8,039.80
* 3.515.00
3,275.00
t 276,516.36

1 205.36 $ 276,721.72 1 596,670.28

STATEMENT OF CURRENT EXPENDITURES Y ear Ended June 30, 1951

EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL C om ptroller P resid en t R eg istrar G eneral TOTAL ADMIN. & GENERAL

fluid C la s s if ic a tio n G eneral R estricted

O bject C la s s ific a tio n

O perating

S alaries

S upplies

& Wages

$ Expense Equipm ent

* 16,138.03
11*309*91 6,300.51 8,87l+.66 4 1+2,623.11

4 15,088.02 4 1,050.01 4

10,000.08 l,07l+.83

235.00

5.81+3.56

1+00.00

56.95

150.90 8,573.50

150.26

1 31,002.56'" 411,098.31+ * UU2\21

STUDENT WELFARE D ean o f Women D ean o f Men S tudent H o sp ital G eneral TOTAL STUDENT WELFARE

* 2.565.30 5,829.81
8,796.67
3*172.15 % 20.J61.93

* 2,513.30
5.677.31 6,861.09 1,762.00 4 16,813.70

4 50.00 4 152.50
1.775.78
1,1+10.15 T T 755 5 3 3 " 4

159.80 159.60

PHYSICAL PLANT O peration U tilitie s TOTAL PHYSICAL PLANT
LIBRARY

t 6U,715.70 6.0U 3.76
$ 70,759 Uu
* 20.73U.67

4 36,056.69 22.605.U3 46,053.58 6.0U 3.76
$ 36,056.69 426,61+9.19 *6 , 05 3 .3 8
4 9,088.60 10,553.27 41,092.80

INSTRUCTION Dean o f F a c u lty B iology C hem istry B usiness A d m in istratio n E nglish E ducation G uidance Home E c o n o m ic s Languages M athem atics M ilitary P h y sical E ducation P hysics S o c ia l Science Summer S e s s io n TOTAL INSTRUCTION
RESEARCH C hem istry
TOTAL EDUC. * GEN. EXP.

4 6,035.1]+
13,307.73 1u.527.53 15.610.35
19,120.39 1 3 .i9 6 .9 1
U.952.U9 6,092.63 io.375.oU 15.969.77 2.07U .33 li+,09l+.57 10,670.7U 12,257.16
17,009.75 175.79U.51

* 5.563.88 11,910.10
12.u05.35 lU ,791.83 18,719.92 12,668.07 li-,286.70
U .9 7 3 .6 3 10,225.01+ 15, 699.96
920.55 12,689.92 9, 183.72
11,913.3U 16,625.00
4162,577.01

4 1+71.26
1,372.63 2,105.93
250.OO
1+00.1+7 72U.37 665.79 962.83 150.00 269.81 1,117.68 1,297.65 l,08UJ+9 323.82
3SU.75 411,581^+8

4 25.00 16,25 568.50
3oUJ*7
156.17
36.IO 107.00 U02.53 20.00
41,636.02

650.37

4 650.37

330.273.68 *650.37 4255*618.56 465,921.08 9.38U.U1

NON-EXPENSE T ran sfer to P la n t Funds

4 2,900.00

TOTAL EDUC. A GEN. D ISB .

1355*173*68 #630.37 157-

B . AUXILIARY ENTERPRISE DORMITORIES Sanford H all B arnes H all B arracks Bank House TOTAL DORMITORIES

Rand C la s s if ic a t io n (General R e s tr ic te d
8,833.67 9*076.28 12,387.62 4 .7 3 7 .7 1
T 5.033.S 3

DINING HALL FARM AND DAIRY

1 ^ 0 ,7 8 5 .3 5 19,921+.20

UNIFORM EXCHANGE

32,382.69

STUDENTS EXCHANGE

31,712.26

BOOKSTORE STAFF'HOUSING ( R e g u l a r )

19,596.49 6,962.16

STAFF HOUSING ( S p e c i a l )

661.19

VETERAN HOUSING

897.87

TOTAL AUXILIARY EXPEND. 287,957.49

NON-EXPENSE T r a n s f e r to P la n t Rand S a le s Tax

12,989.75
208.38

TOTAL AUXILIARY D ISB .

3 0 1 ,1 5 5 .6 2

TOTAL CURRENT EXPEND.

6 1 8 ,2 3 1 .1 7 650.37

S a la rie s
& Wages

(O p erating
S u p p lie s
& Expense

Equipm ent

2,9Ww9h 2,850.67 3*907.78
2,103.73 ? 11,807.12

5.853.73 35.00

6 ,0 1 5 .9 6

209.65

8,479.84

2,6o!+.08

29.90

* 22.953.61 i "274.55

30,200.55 109,640.95 91+3.85

8,918.1a 10,562.69 141+3.10 863.55 3 l.5 l9 .l4

1+,121.01 26,892.08 669.17

1,899.96 17,696.53

1,585.20 l+,366.58 1,010.38

1+32.67 288.52

31+0.1+1 577.46

60,168.88 22U,1+17.56 3*371.05

315*787.1+1+ 290, 338. 6^4. 12, 755. 1+6

STATEMENT OF TRUST FUND BALANCES Year Ended June 30, 1951

BALANCE OF PRINCIPAL BEGINNING OF YEAR
ADDITIONS R eceip ts Income on In v estm e n ts Inoome on Loans TOTAL ADDITIONS
BALANCE ON PRINCIPAL END OF YEAR

Loan Funds 5*577.88
1QI+.1+0 1 .6 5
T " 106.05
5*683.93

158-

STATEMENT OF TRUST FUND BALANCES BY FUNDS Y ear Ended June 3 0 , 1951

LOAN FUNDS John H. Moore
TOTAL TRUST FUND

Fund B alanoe B eginning o f
Year

A dditions

$ 5,577.88 $ 5.577.88

$

1 0 6 ,0 5

106.05

SUMMARY OF TRUST FUND INVESTMENTS F o r Y ear Ended Ju n e 30* 1951

D eductions

F\ind B a la n c e End o f Year
$ 5. 683.93
$ 5, 683.93

LOAN FUNDS Bonds G overnm ental S tu d en t N otes R eceivable TOTAL LOAN FUNDS
TOTAL TRUST FUND INVESTMENTS

Book V alue
$ 5, 000.00
180.00 r 5 ,1 8 0 .0 0 '"
$ 5,180*00

STATEMENT OF CHANGES IN CASH BALANCES Y ear Ended June 30* 1951

CURRENT FUNDS G eneral R estricted A u x iliary TOTAL CURRENT FUNDS
AGENCY FUNDS LOAN FUNDS PLANT FUNDS
TOTALS
B ookstore D ep o sits U niform D e p o sits Breakage D ep o sits M isc. S tu d en t D eposits Student A c tiv itie s
TOTALS

Cash B alance Ju ly 1, 1950

R eceipts For Year

D isbursem ents For Year

$ 30,6Q h.l9 1 ,9 5 5 .3 0
5 0 ,0 3 9 .3 8 $ 82,590.07 "
1 16, 075.13
393.38 $ 17, 000.00
$ 1 1 6 ,0 6 7 .3 8

* 3 2 0 ,1 5 3 .9 2
276, 721.72
$596,0f5.6i4. "

* 333, 173.68 650.37
301, 155.62 $651**979 *67

$ 1*6,683. 0h * 42, 251.28

* 210.55 $ 1 0 0 .0 0

* 24, 889.75 $ 668, 658.98

* 4 1. 145.73 $718, 1*76.68

STATEMENT OF AGENCY FUNDS Y e a r Ended <Ju n e 3 0 , 1951

Cash B alanoe

J u ly 1, 1950

t

59.65

5 ,0 9 4 .0 4

5 .1 8 7 .2 9 8 2 0 .1 6

4.91 3 .9 9

* 16,075.13

R eceipts For Year $ 1,1*85.00
20,1*00.20 9,381*.50 3 ,2 2 0 .1 6 1 2 ,1 9 3 * 1 8
$ 1*6,683.01*

D isbursem ents For Year
$ 1,161*.55 2 1 ,8 1 7 .2 5 6 ,5 7 5 .5 0 3 * 5 9 3 .7 5
9 , 100.23
* 42,251.28

-1 5 9 -

M arket V alue
$ 5, 000.00
180.00 1 5 ,1 8 0 .0 0 " $ 5,180.00
Cash B alanoe June 30* 1951
* 17,584.43 1 ,3 0 4 .9 3
25, 605.48
$ 14jL*,1*9U.S1*
$ 20, 506.89 * 503.93 * 744.02
$ 66,21*9.68
Uash B alance
Ju n e 30, I 95I
$ 380.10 3 ,6 7 6 .9 9 7 ,9 9 6 .2 9 14*6.57
8, 006. 91+
$ 20,506.89

STATEMENT OF UNEXPENDED PLANT FUNDS Y ear Ended June 30 1951

BALANCE, BEGINNING OF YEAR

Funds For P lan t
A dditions
$ 17,000.00

ADDITIONS: S ta te A ppropriation T ra n sfe r from G eneral Funds T ra n sfe r from A u x ilia ry Funds TOTAL ADDITIONS

9 .0 0 0 . 00 2,900.00 11.000.00 22,900.00

DEDUCTIONS: Expended fo r P la n t A dditions B uildings and A dditions to B u ild in g s B arracks M i l i t a r y Ga r a g e
Loggins House D ining H all
TOTAL EXPENDED FOR PLANT ADDITIONS

$ 20,5^0.95 6,81+6.56
123*53 ll,6!+j+.9i+
* 39,155.98

Indebtedness R etired U n iv e rs ity o f G eorgia Endowment Fund

O ther D eductions I n te r e s t on In d eb ted n ess

TOTAL DEDUCTIONS BALANCE, END OF YEAR

39.155.98
$ 7iilu02

Debt S ervice $
1*989*75 1.989.75
$ 877.47 $ 1,112.28 $ 1*989.75

T otal
$ 17,000.00
9,000.00
2 ,9 0 0 .0 0 1 2 ,9 8 9 .7 5 $ +,889.75
$ 20,51+0.95 6,81+6*56 123.53 ll,6i+l+.9+
* 39.155.98
877.47
$ 1,112.28 $ 1+1,11+5.73
$ 7I4I4..O2

SUMMARY OF INVESTMENT IN PLANT As o f June 30* 1951

VALUE OF PLANT JULY 1 , 1950
ADDITIONS DURING YEAR Expended from P la n t Funds Expended fro m E d u c a tio n a l and G e n e ra l Fluids and included in C urrent E xpenditures Expended from A u x ilia ry Funds and in clu d ed in C urrent E xpenditures TOTAL ADDITIONS
VALUE OF PLANT PLUS ADDITIONS - JUNE 3 0 , 1951
DEDUCTIONS Loans Payable
INVESTMENT IN PLANT JUNE 3 0 , 1951

$1,922,1*81.1+1

$39*155*98 9*381+.1+1 3 ,3 7 1 .0 5

$ 5 l,9 H .k h $ l,9 7 li.3 9 2 .8 5
36, 198.62
$l,938.19l+ .23

160

STATEMENT OF INVESTMENT IN PLANT Y ear Ended June 30, 1951

A. LAND
O ld Campus 312" A c re s New Campus 30 A c re s O ld Farm 120 A c re s New Farm 352 A c re s
TOTAL LAND

Investm ent B eginning
Y ear

A dditions

* 16,500.00 6,000.00
U ,000.00
r 8,000.00 3i+* 500.00

D eductions

B . BUILDINGS

Academ ic

* 100,000.00

P ric e M em orial

1 0 0 ,0 0 0 .0 0

B usiness A d m in istratio n

1 + 0 ,0 0 0 .0 0

Home E co n o m ic s

1 + 0 ,0 0 0 .0 0

M ilitary S c ie n c e L ibrary

i+ 0 ,0 0 0 .0 0
287,200.00 55,000.00

A uditorium - D ining H a ll Gymnasium Band House Barnes H all B arracks Sanford H all

1 0 0 ,0 0 0 .0 0
30,000.00 18,000.00 85,378.30 75,665.02 U 3 ,o o o .00

In firm ary

18,000.00

M ilita ry Garage
5 M aintenance Bldgs*

6,216.55 6,600.00

L oggins House 1+ J a n i t o r s Homes

2,093.90 6,700.00

1+ U n i t F a c u l t y A p a rtm e n t 1 F a c u l t y Home

1+0,000.00
5,000.00

1+ F a c u l t y Hob s 3 F a c u lty Homes 3 F a c u l t y Home s 6 F a c u lty Homes F a c u lty Garage

2 4 ,0 0 0 .0 0
39*000.00 30,000.00 53,000.00
1,627.96

Cow B a rn ll+ Farm B u i l d i n g s 3 s ix U n it V eteran A partm ents

2,500.00 8,550.00 51,300.00

TOTAL BUILDINGS

$1,308,831.75

$ ll,6 1 |l+ .9 l+
20,51+0.95 6,81+6.56
123.53
*59, 155.90

C. IMPROVEMENTS OTHER THAN BLDGS.

S tre e ts and Sidew alks

1 51,000.00

L ig h tin g System

25,000.00

W ater System

21,338.20

Sewer System

39*700.00

TOTAL IMPROVEMENTS

$ 137,038.20

Investm ent End Of Year
* 16,500.00
6 ,0 00.00 1+,000.00 8 ,0 0 0 .0 0
$ 31+,500.00"
# 100,000.00 1 0 0 ,0 0 0 .0 0 1 + 0 ,0 0 0 .0 0 1 + 0 ,0 0 0 .0 0 1+0,000.00
287,200.00 55,000.00 111,641+.91430,000.00 18,000.00 85*378.30 96,205.97
1+ 3,Q 0 0 .0 0
18,000.00 13,063.11 6,600.00 2.217.U 3 6 ,7 0 0 .0 0
1+0,000.00
5,000.00
2l+, 0 0 0 .0 0
39*000.00 30,000.00 53,000.00
1,627.96 2 ,5 0 0 .0 0 8,550.00 51,300.00 #1,347*987.71
# 51,000.00 25,000.00
2 1 ,3 3 8 .2 0
39,700.00 $ 13V,38.20

D. EQUIPMENT A d m inistrative O ffices P hy sical P lan t L ib rary I n s tr u c tio n a l D epartm ents D orm itories D ining H all Farm F acu lty & S ta ff H ousing S tu d en ts Exchange V eteran H ousing TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

Investm ent B eginning
Of Year

A dditio n s D eductions

1 8 ,0 2 1 .3 0 1+1+2.21

1 0 1 ,3 7 0 .9 9 62,926*i4.6
167, 029.1*7 22, 066.50
2 9 ,5 0 0 .3 6
30, 908.39
5 ,8 0 6 .8 1

6 ,2 1 3 .3 8 1 ,0 9 2 .8 0 1 ,6 3 6 .0 2
27l*,55 91*3.85 1*1*3.10 1 ,0 1 0 .3 8

1 ,5 0 5 .2 0

6 9 9 .1 7

2 ,9 7 6 .0 0

| 141+2, 1 1 1 . 1*8 $ 12,755.1*6

1 , 922, 1+81.U i 5 1 ,9 1 1 *i&

Investm ent End Of Year
* 18, 1*63.51
107,5S1*.37 61+,019.26
168,665.1+9
22, 31*1.05 30,1i24+.21 3 1, 351. 1*9
6 ,8 1 7 .1 9 2 ,2 Q l* .3 7 2 ,9 7 6 .0 0
l+51+ ,866. 9l+ '
* 1, 971* ,392.85

162-

G E O R G I A S T A T E C O L L E G E FOR WOMEN FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 3 0 , I 95I
G e o r g ia S t a t e C o l l e g e f o r Women M ille d g e v ille , G eorgia
163

BALANCE SHEET June 30 , 1951

ASSETS

I . CURRENT FUNDS A . GENERAL Cash in Bank A ccounts R eceiv ab le TOTAL GENERAL FUNDS
B . RESTRICTED Cash in Bank A ccounts R eceiv ab le Tem porary In v estm en ts TOTAL RESTRICTED FUNDS
C . AUXILIARY Cash in Bank A ccounts R eceiv ab le In v e n to ry TOTAL AUXILIARY

$ 18,905.92
________ 365. 014.
$

1 9 ,2 7 0 .9 6

$ -2 ,0 0 5 .7 6 7 ,8 8 1 .i4 1,000.00
$

6 ,8 7 5 .7 2

$ 67,681+. 90
1 ,3 2 7 .7 0 l4.3,104.l4
$ 112, 117.08

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash In Bank

$ 138,263.76
$ 14,104.22

TOTAL AGENCY FUNDS

III.

ENDOWMENT FUNDS Cash in Bank Investm ents: U. S. S e c u ritie s G .S.C .W . B u ild in g s

$ 14,4 1 4 .2 2

$

3 3 .2 2

$ 56, 200.00 1 4 7 ,8 5 0 .6 8

2 0 4 ,0 5 0 .6 8

TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Cash in Bank Investm ents: U. S . S e c u ritie s O ther Bonds N otes R eceiv ab le
TOTAL STUDENT LOAN FUNDS

$ 204,083.90

6 ,702.93

$ 100,536.50
5 , 250.00
1 7 ,8 0 4 .7 4

1 2 3 ,5 9 1 .2 4

$ 130, 294.17

V . PIANT FUNDS A . UNEXPENDED Cash in Bank

$ 37, 121.01

B . EXPENDED Land B uildings Im provem ents o th e r th a n b u ild in g s Equipm ent

$ 255,369.65
2,625,7 1 0 .4 0
3 11, 750.00
1 ,1 6 9 ,4 7 8 .2 5

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

TOTAL PLANT FUNDS

TOTAL ASSETS

r-

$ 4 ,3 9 9 ,4 2 9 .3 1 $ 4 ,8 8 6 ,4 8 5 .3 6

BALANCE SHEET June 30, 1951

LIABILITIES

I . CURRENT FUNDS A . GENERAL A ccounts Payable Purchase O rders O utstanding U nearned Income S urplus TOTAL GENERAL FUNDS

$ 5 ,9 5 6 .5 2
4 ,9 0 3 .7 3 3 ,3 0 0 .0 0
5 ,H 0 .7 1 # 19,270.96

B . RESTRICTED Fund B alanoe

$ 6 ,8 7 5 .7 2

C . AUXILIARY A ccounts Payable Purchase O rders O utstanding U nearned Income R eserve fo r S to res S urplus TOTAL AUXILIARY FUNDS

$ 5,466.20
2 9 4 .9 8 2 2 ,5 6 0 .0 0
4 3 ,1 0 4 .4 8
40, 691.42 $ 112, 117.08

TOTAL CURRENT FUNDS

$ 138, 263.76

I I . AGENCY FUNDS Fund B alanoe

$ 14, 414.22

TOTAL AGENCY FUNDS

$ 14, 414.22

I I I . ENDOWMENT FUNDS Fund B alanoe
TOTAL ENDOWMENT FUNDS

$ 204, 083.90 $ 204, 083.90

IV . STUDENT LOAN FUNDS Fund B alanoe
TOTAL STUDENT LOAN FUNDS

$ 130, 294.17 $ 130, 294.17

V . PLANT FUNDS A . UNEXPENDED Fund B alanoe

$ 37, 121.01

B . EXPENDED Due t o Endowment Funds Investm ent in P la n t TOTAL EXPENDED

$ 147,850.68 4 ,2 1 4 ,4 5 7 .6 2

$4 , 362, 308.30

TOTAL PLANT FUNDS

$4 , 399, 429.31

TOTAL L IA B IL IT IE S , SURPLUS AND FUND BALANCES

$ 4 ,8 8 6 ,4 8 5 .3 6

165'

STATEMENT OP CURRENT INCOME For Year Ended June 30, 1951

A . EDUCATIONAL AND GENERAL STUDENT FEES Non R e s id e n t T u itio n M atricu latio n H ealth S ervice Summer S e s s io n O ther S tu d en t Fees TOTAL-STUDENT FEES
PUBLIC APPROPRIATIONS R egular O peratio n s V ocational Funds G eneral E xtension D epartm ent o f E d u catio n B aldw in C ounty TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS R o c k e fe lle r F oundation
OTHER SOURCES N ursery School M iscellaneous TOTAL OTHER SOURCES

G eneral Inoom e

R estricted Inoom e

T o tal Incom e

$ 3, 566.10
1 0 0 ,8 4 5 .1 5
11,71*8.75 U U .973.76
1*.769.30 $ 165,905.39

3,566.1*3 100,81*5.15
11,71*8.75 U U .973.76
1* .769.30 -- T 65, 9 0 3 . ^

$ 1+11,000.00
1 ,6 0 0 .0 0
132.38
2, 732.38

21*. 207.57
28, 01*8.52
5 2 ,2 5 6 .0 9

1*11,000.00
2U .207.57 1 , 600.00 132.38
28, 01+8.52
"W ,9 8 8 .5 T

$

2, 000*00

2, 000.00

$ 3, 271.30 3, 933.75
1 7 , 205.05

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

TOTAL EDUCATIONAL AND GENERAL INCOME
B . AUXILIARY ENTERPRISES C afeteria D ining H a ll L au n d ry L ivestock R esidence H a lls A tk in s on B eeson B e ll and Annex E nnis M ansion Annex M ayfair S a n fo rd T e r r e ll and Annexes M ille r, G ilstrap , e tc , P a rk h u rst TOTAL RESIDENCE HALLS S tu d e n t U nion

$ 5 8 5 ,81+ 0.82 51*, 256.09
$ 25, 579.27 21*5,971*. 05
3 l* ,0 7 2 .5 3 5 ,2 5 7 .8 7
91+.00 12, i l a . 12 17 , 698.91 7, 756.69 3, 333.75
65.50
12,182.1+8 2l+,74l+.23
+,+95*50
1 1 , 020.00
* 93,532.18 $ 27,9^9.01

61+0^096.91
25, 579.27 21*5 , 971*. 05
3u . 072.33 5, 257.87
91+.00 . 12, 11+1.12
1 7 ,6 9 8 .9 1 7 ,7 5 6 .6 9 3 ,3 3 3 .7 5
65. 5O
12,182.1+8
21+, 7 ^ + . 23
+,1+95.50
1 1 , 020.00
9 3 ,5 3 2 .1 6 2 7 ,9 2 9 .6 1

TOTAL AUXILIARY INCOME
C . OTHER NON EDUCATIONAL G ifts and G rants E ndow m ents

$ +32,31+5.51

$

1 , 000.00

5,119.1+9

U 32,3U 5.5l
1 ,0 0 0 .0 0
5, 119. 1+9

TOTAL OTHER NON EDUCATIONAL INCOME

$

6,119.1+9

6, 119. 1+9

TOTAL CURRENT INCOME

$ 1 ,0 1 8 ,1 8 6 .3 3 60, 375.58 1 , 078, 561.91 16S

i

STATEMENT OF CURRENT EXPENDITURES

1

F o r Y e a r E n d ed J u n e 30, 1951

V

O bject C la s s ific a tio n

1
m
A . EDUCATIONAL AND GENERAL

O perating

Fund C la s s ific a tio n S a la rie s S u p p lies

G eneral

R e s t r i c t e d St Wages St E x p e n se E q u ip m e n t

ADMINISTRATIVE AND GENERAL

Alumnae O ffic e

$ 4 ,8 0 8 .5 7

4 ,1 1 4 .2 1

6 9 4 .3 6

C o m p tro lle r's O ffic e

21, 893.11

16,786.38 2 ,089.43 3 ,0 1 7 .3 0

1

P re s id e n t's O ffice

14, 565.09

12,477.71 2 ,0 8 7 .3 8

1

P ublic R elatio n s

2 ,577.60

1 , 578.19

9 9 9 .4 1

R e g is tra r's O ffice

7.7Q 4.J2

6 ,9 0 2 .5 6

7 3 7 .0 1

6 4 .7 5

G eneral Expense

1 5 ,1 4 5 .5 2

2 ,6 5 0 .1 6 12, 495.56

1

TOTAL ADM. <fc GENERAL 1 , 6 9 4 . 2 1

T 4 7 5 9 .2 19, 102.95 T ,W .^

STUDENT WELFARE

D ean o f Women

$ 5.669.62

S tudent P ersonnel

1 ,6 8 8 .9 4

Placem ent B ureau

1 , 256.45

I

S tudent H o sp ital

1 5 ,5 5 6 .2 8

V oluntary R elig io u s A c tiv ity

1 , 750.00

Lake L au rel

1

Camp R ay

1 ,1 9 1 .6 7 6 2 7 .8 4

I

TOTAL STUDENT WELFARE 1 7 5 L 0 .7 8

5 ,5 4 9 .9 2
1 ,5 8 1 .3 9
1 , 070.00
1 0 ,0 6 2 .8 0
1 , 750.00
5 1 6 .5 8
1 5 5 .1 3 "ST,4 8 3 .8 2

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

2 0 8 .0 0

675.09 472.71 6, 846.96 -- m tcrt

PHYSICAL PLANT

1

O peration

$ 102,883.28

49, 279.55 49, 745.91 3 ,8 6 0 .0 2

LIBRARY

$ 29,510.86

20, 000.73

8 7 0 .8 4 8, 639.29

INSTRUCTION

A d m in istra tiv e Dean

1 5,566.21

5,16 8 .0 8

598.15

A rt

7 ,1 7 1 .9 8

6,58 5 .4 9

503.10 2 8 3 .5 9

B iology

1 5 ,6 4 6 .6 9

1 4 ,0 1 9 .9 0 1 , 200.74 4 2 6 .0 5

B usiness A d m in istratio n

25, 544.00

19,2 2 3 .1 4 1,800.28 2 ,520.58

C hem istry

8 ,7 8 6 .5 5

6 ,9 5 1 .5 2 1,564.15

2 9 1 .0 8

E ducation

1 7 ,5 9 9 .6 4

1 5 ,5 8 4 -0 5

641.86 1 ,3 7 3 .7 5

,

E n glish

3 1 ,3 9 4 .9 8

3 1 ,2 3 5 .2 9

1 5 9 .6 9

Rom antic Languages

1 3 ,0 3 5 .2 8

11,751.30 1 .255.98

50.00

G eneral In s tru c tio n a l Expense

1 6 ,5 9 0 .9 7

4 ,2 8 4 .5 5 12,211*. 97

91.65

H ealth & P hysical Educa.

2 6 ,1 4 4 .3 0

24.171.55 1 ,9 1 7 .5 0

5 5 .2 5

H isto ry

7 ,788.52

7 ,7 5 5 .9 7

3 2 .5 5

Home E conom ics

2 7 ,7 7 4 .9 6

24,549.75 2,179.29 1 ,0 4 5 .9 4

Home M anagem ent

5 ,086.08

535.50 3,973.85

5 7 6 .7 3

j

M athem atics

8, 237.49

8 ,1 3 6 .6 3

1 0 0 .8 6

M usic N ursery School Peabody P hysics

2 4 ,9 6 2 .9 0
6, 877.05
28,047*98 2 9 ,8 9 1 .2 7
2 ,9 3 1 .7 8

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

1,546.1*2
1 ,4 9 5 .9 9 1 ,4 6 1 .6 5
250.08

5 1 8 .9 5
I 9O.87
4 5 7 .0 5 2 3 6 .6 0

S o cial S tudies Summer S c h o o l P hilosophy
TOTAL INSTRUCTION

2 7 ,2 0 8 .3 3

2 6 ,9 7 9 .5 4

2 2 8 .9 9

4 3 ,3 8 4 .0 0
5, 495.68

4 2 ,3 7 6 .2 5 5 .458.63

1 ,0 0 7 .7 5 5 7 .0 5

f 353,075.37 29,891.27 341,279.87 33,768.88 7 ,9 1 7 .8 9

-1 6 7 -

EDUCATIONAL AND GENERAL ( C o n t'd ) ORGANIZED RESEARCH

O bject C la s s ific a tio n

O perating

Fund C la s s ific a tio n

S alaries

S upplies

G eneral R e stric te d

& Wages A Expense Equipm ent

------------" ---- -------- ' 1------------------------------------------------



655.31 2,0 0 0 .0 0 1.2 1 3 .7 7 1.U21.5U

EXTENSION

V o c a t i o n a l Home E c o n o m ic s



E xtension and C orrespondence

TOTAL EXTENSION



21, 804.11 16, 710.89 5 , 093.22

1 , 61+5 .0 0

1 ,6 4 5 .0 0

1,61+5 (XTST, B2+. 11 T 0 5 5 '. '8 t > -- 5 7 0 9 3 '.2 2 ------------------

TOTAL EDUC. & GEN. EXPEND. 5 8 1 , 981+.81 5 3 . 6 9 5 .3 8 1+9 5 . 121+.61+ 116, 81+8 .3 0 2 3 . 7 0 7 .2 5

NON EXPENSE T ransfer to P lan t Funds

2,500.00

TOTAL EDUC. & GEN. D ISB .

58U.ltBlt.8 1 5 3 . 6 9 5 .3 8

AUXILIARY ENTERPRISES C afeteria D ining H a ll L au n d ry L ivestock S tu d e n t U nion
R esidence H alls 1
A tkinson B eeson B e ll and Annex E nnis M ansion M ayfair S a n fo rd T e r r e ll and Annexes M iller, G ilstrap , e tc . P a rk h u rst

2U.51U-8 9 2 2 8 ,5 3 6 .0 6 29,308.1+8 U. 7 2 9 .9 9 26, 1+6 8 .2 8
I.3 0 3 .2 U 9.U 8O .9I 16, 529.11 9 , 875.37 2, 806.35
169.27 11, 273.29 2 3 .0 6 u .7 u
2. 155.61 3. 236.97

8 . 59U.5 7 1 5 . 8U3 .8 2
36.66U .23 I8U.957.U3 18, 668.91 9 , 514.64
U .729.99 4 , 0 8 6 .4 2 22,306.86

76.50 6 . 91U.U0 1, 124.93
75.00

706.68 3 , 861.80 6 , 377.81 4 , 882.30 1 .0 9 3 .6 5
5 .U9 9 .2 3 10, 404.74
972.69 657.86

596.56 4 , 2li4 .2 9 9 ,454.82 4 , 689.50 1 ,7 1 2 .7 0
I6 9 .2 7 5 . 73U.U8 11, 210.33 1, 182.92 2, 579.11

1, 374.82 696.48 303.57
39.58 1, 449.67

TOTAL AUXILIARY EXPEND.

4 3 9 3 , 1*52.5 6

102,470.89 278, 926.72 12, 054.95

NON EXPENSE T ran sfer to P lan t Funds
TOTAL AUXILIARY D ISB .

56.155.53 4 +9 , 6 0 8 .0 9

OTHER NON EDUCATIONAL

SCHOIARSHIPS



5 . 161. 3U

5 . 161. 3U

NON EXPENSE

Purchase of Bonds



1, 000.00

TOTAL OTHER NON EDUCA. D ISB .

6 ,1 6 1 .3 4

TOTAL CURRENT EXPENDITURES

i 975.U 37.37 5 8 .8 5 6 .7 2 597.595.53 U 00.936.36 35.762.20

NON EXPENSE

58,655.53 1,000.00

TOTAL CURRENT DISBURSEMENTS

1,0511,092.90 5 9 ,856.72

-168

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1951

EDUCATIONAL AND GENERAL B aldw in C ounty V o c a t i o n a l Home E c o n o m ic s R o ck efe lle r Foundation TOTAL EDUCATIONAL & GENERAL
OTHER NON EDUCATIONAL S cholarships A . A . Lowe Fund Tham aston M ills T rebor Foundation S y lv e s te r Mumford M em orial W riter* s Fund TOTAL OTHER NON EDUCA. FUNDS
TOTAL RESTRICTED FUNDS

B alance B eginning
Of Year

R eceipts For Year

d isb u rsem ents
For Year

b a la n c e End
Of Year

$ - 606.25 2 8 ,0 4 8 .5 2
-7 ,8 3 5 .9 1 21*. 2 0 7 .5 7
2, 000.00
$ - 6 ,4 4 2 7 1 9 " " 51*:, 2 5 6 .6 9

29,891*27
2 1 ,8 0 4 .1 1
2, 000.00
5 3 ,6 $ 5 . 8

- 2, 1*1*9.00
-5 ,4 3 2 .4 8
-7 ,m l :4 b

$ 106.77
1 , 000.00
14*84
1 ,695.96 100.00
* 5, 917.57

100.00 1 , 000.00
5, 019. 1*9
" 6.119.1*9

# - 2, 521*. 62 6 0 ,3 7 5 .5 8

150.00 1 , 500.00
14 .8 4 *,1*96.50
6 ,1 6 1 .3 4
59, 856.72

56.77 500.00
5,21 8 .9 5 1 0 0 .0 0
5, 075. 7
- 2, 005.76

STATEMENT OF TRUST FUND BAIANCES F or Y ear Ended June 30, 1951

BALANCE OF PRINCIPAL, BEGINNING OF YEAR

Endowment Funds

Loan Funds

T otal

$204,083.90 125,950.25 330,03l*.l5

ADDITIONS: G ifts and G rants Income o f In v estm e n ts T ransfer of U n iv ersity TOTAL ADDITIONS

of G eorgia

DEDUCTIONS: T ran sfer to R e stric te d Funds

BALANCE OF PRINCIPAL, END OF YEAR

# 5,119.1*9
# 5,119-1*9

752. I 9
2 ,5 2 9 * 1 1
1 , 062.62 1*, 31*3.92

752. I 9 7 , 648.60 1 , 062.62
9 ,te .u i

# 5,119.1*9 $204,083.90 130,294.17

5.119.1*9
331*, 378.07

SUMMARY OF TRUST FUND INVESTMENTS
F o r ^ e a r E nded J u n e 30, 1951

ENDOWMENT FUNDS Bonds, U. S. Parkhurst H all TOTAL ENDOWMENT FUNDS
LOAN FUNDS B onds, U. S . B onds, C om m ercial S tu d e n t N otes R eceivable TOTAL LOAN FUNDS
TOTAL TRUST FUNDS
169

Book V alue
$ 56, 200.00 l+7,850.68
$ 2 0 4 ,05Q .6g
$ 1 0 0 ,5 3 6 .5 0 5*250*00
1 7 ,8 0 4 .7 4 $ 1 2 3 ,5 9 1 .2 4
$ 3 2 7 ,6 4 1 .9 2

STATEMENT OF TRUST FUND BAIANCBS BY FUND F o r Yeiar E nded Ju n e 3 0 , 1951

FUNDS A tla n ta G .S.C .W . Alum nae E a rl B ailey 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 b e rly B r i d g e s , DAR C o rrie H oyt Brown C happell S ch o larsh ip F a c u lty Loan Fund H is to r y Club G.S.C.W . S tu d e n t D efense L. M orel A l i c e W. S h i n h o l s e r , N o . 1 A l i c e W. S h i n h o l s e r , N o . 2 Anna Brown S m all J o s e p h M, T e r r e l l F an n ie Tram m ell P h ilo S . B ennett B race B eatty B atson G eneral D avid B lack sh ear Thomas E . M itc h e ll Thomasto n M ills Loan S y lv e s te r Mumford
TOTAL LOAN FUNDS
NMENT FUNDS A . A . Lowe S y l v e s t e r Mumf o rd M e m o ria l
TOTAL ENDOWMENT FUNDS
TOTAL LOAN AND ENDOWMENT FUNDS

Fund balance

B eginning

O f Year

A d d iti ons

Fuid Da la n c e End O f
D eductions Year

$ 100.00 500.71
1 , 299.80
2 5 6 .2 7
200.00
2 6 ,4 9 8 .1 9
2 ,2 0 2 .6 3
10, 295.56 267.15
5 3 6 .5 0
1 ,7 9 5 .2 5
1 , 596.15
1 ,4 5 2 .6 1
1 ,9 7 1 .8 1 1 1 ,3 1 9 .0 6
7, 015.88 1 , 070.38
188.35
250.00
1+6,819.96
6, 990.82
3 ,3 2 3 .1 7
5 .9 5 0 .2 5

25.OO
1 ,3 7 7 .7 9
5O.OO I 37. 5O
37. 5O 25.OO 25.OO 37. 5O 225.OO I 37. 5O 25.OO
2, 100.12 66.01
7 5 .0 0
U . 31*3.92

100.00 5OO.7I
1 , 324.80

2 5 6 .2 7

2 0 0 .0 0

2 7 ,8 7 5 .9 8
2, 252.63

1 0 ,4 3 3 .0 6

267.15 536.50

1 ,8 3 2 .7 5

1 , 621.15
1 ,4 7 7 .6 1

I

2 ,0 0 9 .3 1
1 1 , 54^*06

7 ,1 5 3 .3 8
1 , 095.38

1 8 8 .3 5
25O.OO

4 8 ,9 2 0 .0 8
7 , 056.83

3 ,3 9 8 .1 7
150291*. 17

$ 4 ,0 0 0 .0 0
200, 083.90 $ 204, 083.90
*330, 031+. 15

1 0 0 .0 0 5,019.1+9
5. 119. 1e
9,1+63.1+1

1 0 0 .0 0 5,019.1+9 5,119.1+9

4, 000.00 200, 083.90
2 0 i+ ,0 8 3 .9 0

5 , 119. 1+9 3 3 l* ,3 7 8 .0 7

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1951

CURRENT FUNDS G eneral R estricted A u x iliary TOTAL CURRENT FUNDS

Cash B alance
J u l y 1 , I 95O

R eceipts For Year

D isbursem ents Cask fealance

For Year

J u n e 30, I 95I

* 17.5lt-9.9l
- 2. 52+.62 8l+,9i+7. i *8
* 99.972.77

585, 81+0.82
6 0 ,3 7 5 .5 8 1+32,31+5.51 1 ,0 7 8 ,5 6 1 .9 1

5 8 4 ,4 8 4 .8 1
5 9 ,8 5 6 .7 2 4 4 9 ,6 0 8 .0 9
i , 093, 91+9.62

1 8 ,9 0 5 .9 2 -2 ,0 0 5 .7 6 6 7 ,6 8 4 .9 0 '" B 4 ,5 '5 5 '.T56

AGENCY FUNDS PLANT FUNDS

$ 11,763.48
$ 50, 000.00

60, 271+. 17 58, 655.53

57. 623. 1+3 7 1 , 531+. 52

H+.1+H+.22 3 7 ,1 2 1 .0 1

TRUST FUNDS Loan Funds E ndow m ents TOTAL TRUST FUNDS
TOTAL

* 10,028.99
-6 8 5 .5 7 t 9.31+3.1+2

1 1 ,1 8 9 .4 1 8 ,7 3 8 .2 8
19. 927.69

7 1 ,0 7 9 .6 7

1 , 217, 1+19.30

-1 7 0 -

ll+ , 515. 1+7
8,019.1+9 22,531+. 96
1,21+5,61+2.53

6, 702.93 33.22
6 ,7 3 6 .1 5
1 4 2 ,8 5 6 .4 4

BANK BALANCES

M ille d g e v ille B anking C o ., M ille d g e v ille , Ga. E ducational & G eneral Account A u x iliary E n terp rises Account H o sp ita liz a tio n & Insurance Account T ru st Funds
Exchange Bank, M ille d g e v ille , G eorgia S tudent Bank Account S tudent A c tiv itie s Account

I 13,1+63.16
102,367.19
5 ,9 7 1 .3 9 12,611.87

$13!+,143*61

$ 604.75
7 ,8 3 8 .0 8

$ 8,442.83

TOTAL

$142,856.1+4

STATEMENT OF AGENCY FUNDS
F o r Y ear Ended Ju n e 30, 1951

B alance B eginning
Of Year

R eceipts For Year

D isbursem ents
For Year

H o s p i t a l i z a t i o n <fe I n s u r a n c e A c c o u n t S tudent Bank Account Student A c tiv itie s Account
TOTAL AGENCY FUNDS

1 3,264.43 397.39
8 ,1 0 1 .6 6
$11, 763.48

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

6 ,3 3 2 .9 5 3 0 ,5 9 2 .9 5 2 0 ,6 9 7 .5 3
57. 623.i 43

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1951

BALANCE, BEGINNING OF YEAR

Funds For P lant
A dditions
$50, 000.00

Debt S e rv ic e

ADDITIONS: T ransfer from E d u catio n al Funds T ran sfer from A u x ilia ry Funds TOTAL ADDITIONS

$ 2, 500.00 48, 750.00
$51, 250.00

7 ,4 0 5 .5 3 7 ,4 0 5 .5 3

DEDUCTIONS: Expended fo r P la n t A dditions Land McGee L o t W ilkinson S tr e e t Lot TOTAL LAND B uild in g s and A dditions to B uildings Lake L a u re l Lodge P h y sical E ducation B uilding Parks H all TOTAL BUIIDINGS Im provem ents o th e r th a n B u ild in g s Lake L au rel W ell

$ 3,156.65
8, 213.00
$ 1 1 ,3 6 9 .6 5
$ 5,511.11
3, 058.86 3, 616.00 112; W . 97"'"
$ 4, 000.00

171-

B alan ce End
Of Year
5 ,9 7 1 .3 9
604.75
7 ,8 3 8 .0 8 1 4 ,4 1 4 .2 2
T otal
50, 000.00
2, 500.00
5 6 ,1 5 5 .5 3
56. 655.53
3 ,1 5 6 .6 5
8, 213.00 11, 369.65
5 ,5 1 1 .1 1
3, 058.86 3, 616.00
1 2 ,1 8 5 .9 ?
4, 000.00

DEDUCTIONS (C o n tin u e d ) Expended fo r P lan t A dditions E quipm ent R esidence H alls Laundry Lounges Campus F u rn is h in g s TOTAL EQUIPMENT
TOTAL EXPENDED FOR PLANT ADDITIONS
Loans Repaid Endowment Funds
O ther D eductions I n te r e s t on In d eb ted n ess E xpenditures not C ap italized R enovating B o ile rs R e h a b ilita tin g Ennis H a ll In su la tin g R esident H alls TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For P lant
A dditions

Debt S ervice

T otal

18, 500.00
2 ,9 3 2 .2 0
2, 000.00 417.30
23, 049.50
5 1 ,4 0 5 .1 2

18, 500.00 2, 932.20 2, 000.00
417. 3O
2 3 ,8 4 9 .^ 0
5 1 ,4 0 5 .1 2



3 ,6 1 8 .7 9

3,618.7(9


2 ,5 8 4 .6 7
10, 000.00 I 39. 2O
12, 723.67
6 4 ,1 2 8 .9 9
37, 121.01

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

3 ,7 8 6 .7 4
2 ,5 8 4 .6 7
10, 000.00 139.20
16, 510. 6
7153k52
37, 121.01

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1951
VALUE OF PIANT, JULY 1 , I 95O
ADDITIONS DURING YEAR Expended from P la n t i'unds Expended from E d u c a tio n a l and G eneral Funds and included in C urrent E xpenditures Expended from a u x ilia r y E n te rp ris e s and included in C urrent Expenditures TOTAL ADDITIONS
VALUE OF PIANT, PLUS ADDITIONS, JULY 1 , 1950
DEDUCTIONS DURING YEAR Equipm ent D epleted
VALUE OF PIANT, JUNE 3 0 , 1951
DEDUCT t Loans payable t o Endowment Fund
NET INVESTMENT IN PLANT, JUNE 3 0 , 1951

$ 5 1 ,i;0 5 .1 2 2 3 .7 0 7 .2 5 1 2 ,0 5 4 .9 5

+,293,780.48
87,167.32 *4,380,91*7.80
18639.50 4 ,3 6 2 ,3 0 8 .3 0
1 4 7 ,8 5 0 .6 8 4 ,2 1 4 ,4 5 7 .6 2

172

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1951

A. LAND M ain Campus - 19jjf A c re s E nnis M ansion - 3 A cres M ayfair Lot P eabody - 2% A c re s Boddie Lot - Peabody R ivers Lot - Peabody
G ilb e rt Park L o t - W ilk in s o n <fe M ontgom ery Lot - Columbia and Green Humber L ot Sanford H all Lot Government Park L ot - M ontgomery & Wayne Barnes Lot Montgomery S t r e e t L ot G ilstrap Lot N ursery School Lot Lake L a u re l A rea Camp Ray Lot - M ontgomery S t r e e t Lot - W ilkinson S tre e t
TOTAL LAND

Investm ent Year B eginning A cquired Of Year

Investm ent

End Of

A dditions D eductions

Year

$
1939 1937
191+0 191+6 191+6 191+6
191+7 191+1+ 1937
191+3 191+1+ 191+8
191+1+
1950 1938 191+1 1951 1951
1

110, 000.00
50, 000.00 7, 500.00 6, 000.00 700.00

1 ,8 0 0 .0 0
10, 000.00
4, 500.00
5, 000.00 3, 500.00 6, 000.00 10, 000.00 4, 500.00 2, 000.00 3, 000.00 2, 000.00 2, 500.00 7, 500.00 7, 500.00

8, 213.00

3 ,1 5 6 .6 5
2+1+, 000. 0(7" 1 1 ,3 6 9 .6 $

110, 000.00 50, 000.00 7, 500.00
6, 000.00 700.00
1 ,8 0 0 .0 0
10, 000.00
4, 500.00 5, 000.00 3, 500.00 6, 000.00 10, 000.00 4, 500.00 2, 000.00 3, 000.00 2, 000.00 2, 500.00 7, 500.00 7, 500.00 8, 213.00
3, 156.65 255, 309. 6$

B . BUILDINGS A rts H all A tkinson H all Beeson H a ll B e ll and Annex C happell H all Education B uildings Ennis H a ll H ealth & P h y sical Educa. Bldg. Home M anagement H ouse - G reen S t. R ussell L ibrary M ansion Annex The M ansion M ayfair H a ll M iller H all Parkhurst H all Parks H all Parks M em orial H o sp ita l Peabody High S chool Peabody Elem entary School P o rte r H a ll & Annex R u ssell A uditorium Sanford H all T e rre ll H all T e r r e ll Annex A T e r r e ll Annex B & C Log Hut Lake L au rel Houses

1927 $ 1897 1937 1925
1908
1927
1918
1939 191+7
1928
1898
1891
1939 191+3 191+9 1925 1929 1927 1939 1939
1928
1939 1909
1922 1922
1921+ 1938

92, 650.00 210, 000.00 110, 000.00
2 0 0 ,8 0 0 .0 0
107, 500.00 51, 850.00 113, 400.00 150, 000.00 37, 500.00
9 9 ,3 5 6 .8 0
61+,ooo.oo
65, 000.00 20, 000.00 50, 000.00
157, 502.33 107, 000.00 50, 600.00 50, 250.00 130, 000.00
1 0 8 ,1 0 0 .0 0
116, 850.00 137, 500.00 123, 663.70
50, 000.00 125, 500.00
3, 500.00 5, 000.00

3, 058.86 3, 616.00
5 ,5 1 1 .1 1

.175-

92, 650.00 210, 000.00 110, 000.00
2 0 0 ,8 0 0 .0 0
107, 500.00 51, 850.00 113, 1+00.00 153, 058.86 37, 500.00
9 9 ,3 5 6 .8 0
64, 000.00 65, 000.00 20, 000.00 50, 000.00
157, 502.33 110, 616.00 50, 600.00 50, 250.00 130, 000.00
1 0 8 ,1 0 0 .0 0
116, 850.00 137, 500.00 123, 663.70
50, 000.00 125, 500.00
3, 500.00
10, 5 11.11

BUILDINGS (C o n tin u e d ) U tility B uildings G ils tr a p House N ursery School G eorgia House TOTAL BUI IDIN GS

Investm ent Year B eginning A cquired Of Year

Investm ent

End Of

A dditions D eductions

Year

1945 1944 1950
1950

$ 50, 000.00 5, 000.00 6, 000.00 15, 001.60
$2,613,524.43 12,185.97

50, 000.00 5, 000.00 6, 000.00 15, 001.60
2, 625, 710.40

c . IMPROVEMENTS OTHER THAN BUILDINGS E le c tr ic W ater C oolers Tennis C ourts L ig h tin g System Landscaping and Shrubbery Campus B e l l System Campus E l e c t r i c Bystem H eatin g System W ater System Swimming P o o l and E quipm ent Complete W ell - Lake L au rel TOTAL IMPROVEMENTS

$ 3, 500.00 2, 750.00 10, 000.00 1 , 500.00
46, 000.00 200, 000.00 19, 000.00 25, 000.00
4, 000.00
IF 3 0 7 ,7 5 0 .0 0 4, 000.00

3 ,5 0 0 .0 0
2, 750.00 10, 000.00
1 , 500.00
4 6 ,0 0 0 .0 0
200, 000.00 19, 000.00 25, 000.00 4, 000.00 311, 750.00

EQUIPMENT Admi n i s t r a t i on P hysical P lan t L ibrary In stru ctio n O rganized R esearch E xtension O afeteria D ining H a lls Laundry Parkhurst H all Residence H alls S tu d en t Union H ospital R elated A c tiv itie s Campus E quipm ent TOTAL EQUIPMENT

$ 19, 653.36 3, 082.05

22, 715.41

2 0 0 ,3 2 1 .6 0 5 ,8 6 0 .0 2 7 8 4 .5 0 205, 397.12

236,729.00 8,639.29

245, 368.29

240,166.17 7,917.89

248,084.06

3 ,5 6 8 .5 5

3, 568.55

1 ,5 2 8 .9 5

1 ,5 2 8 .9 5

1 3 ,0 6 8 .7 0

7 6 .5 0

1 3 ,1 4 5 .2 0

1 3 1 * 9 9 9 .1 0 6 ,9 1 4 .4 0 3, 155.00 1 3 5 ,7 5 8 .5 0

4 3 ,0 1 6 .0 4 4 ,0 5 7 .1 3 2, 700.00 4 4 ,3 7 3 .1 7

1 1 ,6 4 3 .9 4

1 1 ,6 4 3 .9 4

184,818.15 2 2,364.12 12,000.00 195,182.27

2 3 ,0 1 9 .9 4

7 5 .0 0

2 3 ,0 9 4 .9 4

10, 468.41

10, 468.41

5 ,0 2 4 .1 4
3, 500.00

2 0 8 .0 0 4 1 7 .3 0

5, 232. 11*
3 ,9 1 7 .3 0

$1,128,506.05 59,611.70 18,639.50 1,169,478.25

TOTAL INVESTMENTS IN PLANT

$4,293,780.148 8 7 ,1 6 7 .3 2 1 8 ,6 3 9 .5 0 4 ,3 6 2 ,3 0 8 .3 0

-174-

GEORGIA TEACHERS COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 3 0 , I 95I
G eorgia Teachers C ollege S ta te sb o ro , G eorgia
175

BALANCE SHEET Juno 30, 1951

ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Aooounts R eceivable TOTAL GENERAL FUNDS

62,885.85
2,762.68 # 65, 6*48.53

B . AUXILIARY Cash in Bank Temporary Investm ents (U .S. Bonds) A ccounts Reoei" able In v e n to rie s TOTAL AUXILIARY FUNDS

39,802.26 1 0 0 ,0 0 0 .0 0
1 , 901.85
17,73*4.85

* 159,1438.96

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
I I I . PLANT FUNDS A .' UNEXPENDED Cash in Bank

225,087.149
* 5. 713.35 * 5. 713.35
15,000.00

B . EXPENDED Lands
B uildings Improvements o th e r th an B u ild in g s E quipm ent
TOTAL EXPENDED

*48,899.00 6714,892.00 2 2 ,8 0 3 .7 6 339,8146.81

I,086,l4l4l.57

TOTAL PLANT FUNDS

1.101.1)1*1. 57

TOTAL ASSETS

i,332.2i42.iq

-1 7 6 -

BALANCE SHEET June 30, 1951

LIABILITIES

I . CURRENT FUNDS A. GENERAL O utstanding Purchase O rders Unearned Income S u rp lu s TOTAL GENERAL FUNDS

3,61*9.69 2 5 .8 9 7 .2 0 36,101,614.
* 65,6148*53

B . AUXILIARY U nearned Income Reserve fo r S to res S u rp lu s TOTAL AUXILIARY FUNDS

lli5 8 1 .0 0
17.731*. 85
130,123.11

159.1*58.96

TOTAL CURRENT FUNDS
I I * AGENCY FUNDS Fund B alance

* 225,087.1*9 5,715.35

TOTAL AGENCY FUNDS
l i t * PLANT FUNDS A* UNEXPENDED Fund B alance

* 5,713.35
15,000.00

B . EXPENDED Invested in P lan t

1,086,1*141.57

TOTAL PLANT FUNDS TOTAL LIA B ILITIES, SURPLUS, AND FUND BALANCES

1,101,141*1.57 1,332,2142.141

>177

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951

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 io n O ther TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia B ulloch County TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES P roperty R entals D iv isio n of G eneral E xtension TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B . AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES E ast H all Lewis H a ll Sanford H all C ottages W est H a ll TOTAL DORMITORIES
DINING HALL
FARM
OTHER I n t e r e s t on Bonds
TOTAL AUXILIARY ENTERPRISE INCOME
WON-INCOME A ccrued I n te r e s t on Temporary Investm ents
TOTAL AUXILIARY RECEIPTS
TOTAL CURRENT INCOME

G eneral Income

$ 30 ,7 2 ^5 1 8 7 ,4 7 1 .7 2 4 ,3 9 9 .8 3 $ 1 ,1 9 0 .2 6
6 ,4 9 4 .7 8 $180,271.10

$ 1 8 0 ,0 0 0 .0 0 1 7 ,3 5 9 .0 0
* i9 7 ,359.00
$ 3,088.00
900.00
$381,618.10 $381,618.10
t38. i a e .53
$ 8,970.50 6 ,6 6 0 .5 0 1 6 ,8 9 1 .8 0 3 ,6 9 2 .6 0 8 ,5 8 1 .0 0
$ 4+,796.i4.0
$ 1 6 4 ,0 1 4 .4 8
$ 9,583.46

* 1.73U .55
$258, 547.42

$258,547.42

$

90.04

$ 2 5 8 ,6 3 7 .4 6

$614-0,163 52

STATEMENT OF CURRENT EXPENDITURES F o r Y ear Ended Ju n e 30 1951

A, EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL B usiness O ffice G eneral P re s id e n ts O ffice P u b licity R e g is tra rs O ffice TOTAL ADM. & GENERAL

T otal

O bject C la s s ific a tio n

O perating

S alaries & Wages

S u p p lie s & Expense

Equipm ent

$ 11, 628.50
18,158.1+5 1 0 ,8 1 7 .2 ?
3 ,8 2 0 .1 2
5 .5 9 8 .3 7 $ 50,022.71

$ 10, 352.00
10, 500.00
3 ,6 2 1 .5 0
5, 276. 1+6 29, 71+9.96

856.35 $ 17,866.1+5
317.27
198.62
258.90
$ 19,1+97.59 1

1+20.15
292.00
63.O I 775. I S

STUDENT "WELFARE H ealth Servioe Placem ent Bureau TOTAL STUDENT "WELFARE
PLANT OPERATION
LIBRARY

$ 3,61+2.88
1 . 213.50
1 l4-.856.5B
$ 50, 199.31
* 19, 371+. 10

$ 3, 1+10.81 $ 1 , 200.00
$ i+,610.81 " 1

232.07 1 3 .5 0
2U 5.?1?

$ 18,213.91 $ 23,896.00

$ 13,656.87 $ 2,109.37

$ 8,089.1+0 $ 3.607.86

INSTRUCTION A rt B iology C hem istry C cmmerce Dean Educ a t i on E nglish Home E conom ics In d u s tria l A rts Lab* H igh S ch o o l Lab. Elem entary Sohool M athem atics M usio P h y sio s P h y sical Education S o c ia l Soienoe Speech Summer S c h o o l TOTAL INSTRUCTION
EXTENSION
TOTAL EDUC. & GENERAL EXPEND

$ 7 , 322. 51+ 7 , 717.57 6, 179.23 13, 1+0!+. 16 6, 769. 51+ 23, 171+. 02
12,1+78.97 9,213.1+7 1 2 ,9 5 9 .0 6 29.1+67.67 1 5 ,7 3 9 .5 6 1+,6 5 0 .9 9 17,51+3.83 3,275.1+5 16,1+1+1.61 20,01+0.1+2
3, 036.12
1+2,031.09
* 6, 252.17
$382,11+9*97

t 6, 757.50 $
7 ,3 0 3 .9 2 1+,326.00
1 1 ,0 0 5 .3 7
6,71+7.1+1+

157.68
87.03
U35.23 1+00.90
22.10

$ 1+07.36 3 2 6 .6 2
1,1+18.00
1 ,9 9 7 .

23,111+. 1+5
11, 901.13

59.57 2 .2 5

575.59

7 , 31*5.21 11, 272.96
2 6 ,9 6 1 .2 5
15, 150.00

71+7.08 555.12 1,661+. 10
589.56

1 ,1 2 3 .1 8
1 ,1 3 0 .9 8
81+2. 32

!+, 61+6.07 15.U 71.90

1+.92 701+.05

1 ,3 6 7 .8 8

3 ,0 8 7 .0 0

188.1+5

1 3 ,7 1 6 .1 5

1 ,2 7 7 .9 7

1,1+1+7.1+9

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

IQI4. 3I+ 3I+.8O

1 .3 6

39,81+1.79

2 ,1 8 9 .3 0

$2 3 1 ,5 8 2 .1 0 " $ 9,22i+.l+5~ $ 1 0 ,6 3 0 .6 7

$ 6 ,0 0 0 .0 0 $ 172.1+2 t 79.75

$ 3 0 3 .8 1 3 .7 3 $ 55.+5.1+0 $23,190.81+

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 39,558.91+ $ 3 .1 5 8 .7 9 $ 36, 31+6.15 $ 51+.00

AUXILIARY ENTERPRISES (C o n tin u e d ) DORMITORIES E ast H all Louis H a ll Sanford H all C ottages W est H all TOTAL DORMITORIES
DINING HALL
FARM
TOTAL AUXILIARY EXPEND.
NON-EXPENSE T ran sfer to P la n t Funds
TOTAL AUXILIARY DISB.
TOTAL CURRENT EXPENDITURES

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

ft Wages

ft E xpense

E quipm ent

25,222.16
7, 412.66
8 ,8 7 6 .6 1 1 ,5 9 5 .5 8 9,984.1+8 * 53.091.it9
#154,200.77
12,952.69
2 5 9 ,8 0 3 .8 9

9,893*2+1 5 ,4 1 3 .6 6 5 ,7 8 9 .5 2 106.20 7 ,0 6 5 .7 4
28,268.53
28,779.46
5,601.09
65,807.87

5,638.37 1 ,6 7 2 .2 9 2 ,8 2 6 .3 9 1,2+89.38 2 ,6 3 1 .4 7
1+, 2 ^ 7 .9 0
l2l+,172+.94
6,247.42
181,026.41

9,690.38 326.71 260.70
287.27 10,565.00
1,24+6.37
1,104.18
1 2 ,9 6 9 .6 1

6,800.00 266,603.89 641,953.86

3 6 9 ,6 2 1 .6 0

236, 171. 8!

3 6 ,1 6 0 .4 5

180-

STATEMENT OF CHANGES IN CASH BALANCES F o r Y ear Ended Ju n e 30* 1951

CURRENT FUNDS G eneral
AULAl AAAI J
TOTAL CURRENT Fdnds
AviSiNOX rUltiso
TOTAL

Cash balance
J u ly 1, 195
$ 63,ill7.72 U7 . 768.69
41li.iB 6.U l
$ 15,000.00
1 8.590.56
13it.776.97

R eceipts For Year

D isbursem ents Cash Balanoe
F or Y ear Ju n e 30, 1951

381,618.10 38*,lU9 .9 7 62, 885.85

258, 637.U6 266, 603.89

39,802.26

$6U0,255. 5b ~ 61tB.7 5 3 .B6 ' {102| 6 t}89 IX

| 6 . 800.U0 6,800.00 15.000.00

51. 689.52 698. 7lt5 .0 8

5lt.566.73 710, 120 .5 9

5.713.35 I 123.U01.U6

BANK BALANCES

B ulloch County Bank Sea Island hank

68, 599.20 5U .8 0 2 . 2 6

1 2 3 .U0 1 .U6

Student A c tiv itie s S tu d en t Bank R etirem ent W ithholding Tax Group In su ra n c e A pplie8xiO u w eposiv
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS
F or Y ear Ended June 30, 1951

Cash 'Balance
J u l y 1. 1950
* 170.57 U ,9 8 7 - 5 7 1, 180.78 2,050.20 201. 6U
8.590.56

R eoeipts For Year

D isbursem ents casn naianoe
F o r Year Ju n e 30. 1951

20, 282.92 28, 571.60
2, 835*00

| 21.U6U.9 7 29,5 0 9 .lU 1, 180.78 2 ,1 5 0 .2 0
201. 6U 60.00

-1.011.U 8 U.0U9 .8 3
- 100.00
2 .7 7 5 .0 0

5 1 . 6 8 9 .5 2 5lt.566.73 5.713.35

181-

STATEMENT OF UNEXPENDED PLANT FUNDS
F o r Y ear Ended Ju n e 30# 1951
BALANCE, BEGINNING OF YEAR ADDITIONS*
T ran sfer from A u x ilia ry E n te rp rise s DEDUCTIONS*
Expended f o r P la n t A d d itio n s - Boys* D orm itory BALANCE, END OF YEAR

Funds For P lant
A dditions
13, 000.00
# 6,800.00
# 6,800,00
# 15, 000.00

SUMMARY OF INVESTMENT IN PLANT As o f Ju n e 30* 1951
VALUE OF PLANT, J u l y 1 , 1950
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E and G Funds Expended from A u x ilia ry Funds TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE 3 0 , I 95I
DEDUCTIONS FOR YEAR P ro p e rty worn out or d isp o sed of TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1951

#1,01*3,781.12

# 6,800,00
23,190.81*
12, 969.61
------- ----------

# 1*2,960,1*3 #1,086,71*1.57

# 300,00 #

300,00

#1,086,141*1.57

182

STATEMENT OF INVESTMENT IN PUNT F o r Y ear **nded J u n e 30* 1951

Ao q u ir e d

A. UND Campus
Off-C ampus TOTAL UND & IMPROVEMENTS

1907 1907

Investm ent B eg in n in g
Of Year

A dditions

* 29. 77U.0 0 i9.i25.O O
T ' lifi. W .W T

Investm ent End
D eductions Of Year
$ 29. 77U.0 0 19.125.00
1 1*8 , 899.00

B . BUILDINGS Boys* D orm itory (P la n s) A dm inistration Lab. High School Elem entary School New S c ie n c e H a l l Old S c ie n c e H a ll L ibrary East H all Lewis H a ll Sanford H all West H a ll Anderson H all Gymnasium In d u s tria l A rts H ealth C ottage S1*ore - P o s t O f f ic e W arehouse Farm B u ild in g s ( s ix ) Dean's C ottage Sycamore C ottage Paige House Pecan C ottage The Oaks V eteran Apt* A V ete ra n Apt* B Yellow C ottage Watchman' s C o ttag e Farm House Cook's House Burden S hanty Johnson Shanty Johnson Farm House Johnson Farm Feed Barn Johnson Farm Garage Farm Hand House # Farm Hand House $
G arages Pump H ouse R eel House H eating P lan t
TOTAL BUILDINGS

1907 1937 1932
19k 7
1936
1937 1907
1937
1937 1907 1920
1932
19I+8 1936
1936
1935
193k
1935 1938
1939
1935
1935 194-7 19+7 1925 1938 I93U 1935 1935
1935 1914; 1914; 1914; 1935
1935 1936 1938
1938
1927

$ 3,01*2.00 $ 6 , 800.00 100,000.00 70,000.00 15,000.00 15,000.00 10,000.00
1*0,000.00 50,000.00 60,000.00
80, 000.00 1*5,000.00 30,000.00 1*5,000.00 35,000.00
5 ,0 0 0 .0 0
2,000.00 2,000.00 3,1*00.00 6 ,0 0 0 .0 0 5,000.00 5 ,0 0 0 .0 0
U,000.00 3,500.00
5,000.00 5,000.00 U ,500 .0 0 3,500.00 l+,500.00
500.00 500.00 300.00 3,000.00 750.00 300.00 500.00 300.00 300.00 300.00 200.00
5,000.00 F 668,392.00 1 6 , 800.00

$ 9,81*2.00 100,000.00

70,000.00

15,000.00

15,000.00

10,000.00

1*0,000.00

50,000.00

60,000.00

80, 000.00

1*5,000.00

30,000.00

1*5,000.00

35,000.00

5 ,0 0 0 .0 0

2,000.00

2,000.00

3,1*00.00

6 ,0 0 0 .0 0

5,000.00

5 ,0 0 0 .0 0

U,000.00

3,500.00

5,000.00

5,000.00

U,500.00

3 ,5 0 0 .0 0

U,500.00

500.00

500.00

300.00

3,000.00

750.00

$300.00

- 0-

500.00

300.00

300.00

300.00

200.00

5,000.00

*300.00 * 671*.892.00

Year A cquired

Investm ent B eg in n in g
Of Year

Investm ent End
A dditions D eductions Of Year

C . IMPROVEMENTS OTHER THAN BLDGS. Swimming P o o l Deep W ell Stadium TOTAL IMPROVEMENTS
D. EQUIPMENT A dm inistrative O ffices P hysical P lant L ibrary In s tr u c tio n a l D epartm ent D orm itories D ining H all Farm S to re TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

1930 $ 10,000.00

1938

10,000.00

1950

2,803.76

1 22,803.76

$ 10,000.00 10,000.00 2,803.76
"f 2,803.76

$ 11,028 .50 $ 851+.91 1+5,322.82 8,089.1+0

66,316.70 3,607.86

88,081.1+3 10,638.67

1+6,151+00 10,565.06

26,339.71+ 12,31+6.95 8,096.22

1,21+6.37 l,10l+.18
51+.00

1 303,686.36 $36,160.1+5

$ 11,883.1+1 53,1+12.22 69.921+.56 98,720.10 56,719.06 27,586.11
13.u 51.13 8,150.22 $ 3^,61+6.81

$1,01+3,781.12 $1+2,960.1+5 $300.00 $1,086,1+1+1*57

184

VALDOSTA STATE COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , I 9 5I
V aldosta S ta ta C ollege V ald o sta, G eorgia
186

BALANCE SHEET Juno 30, 1951

ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Acoounts R eceivable TOTAL GENERAL FUNDS

# 13,069.60
6 ,1 5 5 .6 k

$ 19,225.2k

B . AUXILIARY Cash in Bank A coounts R eceivable S tores (inventory) TOTAL AUXILIARY FUNDS

# 8,3k8.06 550.90
k ,379.99

# 13,278.95

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash on Hand and in Bank N otes R eceivable In v estm ents - U. S . Bonds

# 32,50k.19 # 5,k39.2k
1.025.00
1. 110.00

TOTAL AGENCY FUNDS

I 7,57k.2k

I I I . ENDOWMENT FUNDS Cash in Bank N otes R eceivable Investm ents U. S . Bonds Common S to c k s

# 6, 200.00
973.20

# 670.8k 50.00
7,173.20

TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Cash in Bank S tudent N otes R eceivable Investm ents - U. S . Bonds
TOTAL STUDENT LOAN FUNDS

# 7 ,89k. Ok

# k ,980.00 3.152.50 1.0 17 .5 0
*

9,150.00

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

* k, 559.00

b; invested in piant Land B uildings Improvem ents o th er th a n B u ild in g s Equipm ent TOTAL INVESTED IN PIANT

#150,000.00
557,367.70 50,000.00 207,190.61

#96k,558.31

TOTAL PIANT FUNDS

# 969,117.31

TOTAL ASSETS 186

#1,026,239.78

BALANCE SHEET June 30, I95I

LIABILITIES

I . CURRENT FUNDS A. GENERAL U nearned Income S u rp lu s TOTAL GENERAL FUNDS

8,611.00
10,611+. 2 k

B . AUXILIARY A ccounts Payable Reserve fo r S to res S u rp lu s TOTAL AUXILIARY FUNDS

$ 456.33 4,379.99 8,442.63

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund Balance

TOTAL AGENCY FUNDS

I I I . ENDOWMENT FUNDS Fund Balanoe

TOTAL ENDOWMENT FUNDS

IV . STUDENT LOAN FUNDS Fund Balanoe

TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A . UNEXPENDED Fund Balanoe

B . INVESTED IN PLANT Investm ent in P lan t

TOTAL PIANT FUNDS

TOTAL LIA BILITIES, SURPLUS, AND FUND BALANCES

* 19,225.21+

13.278.95 $ 32,501+. 19

$ 7,3714.21+
$

7,574*24

$ 7,891+. 01+

7,894.04

$ 9,130.00

9,150.00

I 4,559.00

961+.558.31

I 969,117.31 1,026,239.78

187

STATEMENT OF CURRENT INCOME For Year ^nded June 30, 1951
A. EDUCATIONAL AND GENERAL STUDENT FEES M atrioulation N on-R esident T u itio n Summer S e s s io n H ealth S ervice O ther TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia
OTHER SOURCES D iplom as R ents TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DORMITORIES
DINING HALL
BOOKSTORE
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 1+6,378.68
2,02l+.37 9,001.00 3,889.60 3,29!+. 25 $ 6i+,57.9

1120,600.00

$ 215.00 102.50
1 317.5
$ 1 8 5 ,5 0 5 .^ 0

$ 26,396.02 7l+,3l+8.70 12,635.58

$113,380.30 $298,885.70

-188-

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL P re sid e n t's O ffice C om ptroller's O ffice R e g is tra r's O ffice G eneral Expenses
TOTAL ADM. & GENERAL
STUDENT WELFARE D ean o f Women
P u b lic ity & Placem ent
Student H o sp ital L e o tu re s
TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION A rt B iology C hem istry E d u c a tio n E nglish Home Econom ics
M athem atics & Physics
Modern Languages M usic P h y sical E ducation S e c re ta ria l Science S o c io lo g y tc H i s t o r y Speech
TOTAL INSTRUCTION
TOTAL EDUC. <5b GENERAL EXPEND.
B. AUXILIARY ENTERPRISES DORMITORIES
DINING HALL
BOOKSTORE
TOTAL AUXILIARY EXPENDITURES
TOTAL CURRENT EXPENDITURES

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

$ 13,052.5U 8,736.92 I4, 290.2L4 2,717.27
$ 20,796.9?

$ 12,1614.76 $ 731.93 $

8,292.50

261.18

3,751+. 00

528.I4I4

2,717.27 #' "2+Y2T.26" '" T O P T "1

155.85 I83.2I4
7.80 3I46.89

$ 3,293.88 14,81*6.13 4,156.21 578.72
$ 12,87l4.9l4
$ 29,999.92
$ 10,812.02

$ 3,200.00 3,1425.00 3,14814.00 200.00
$ 10,309.00
$ 13,2148.140
$ 6,965.00

$ 93.88 1,1+21.13 376.85 378.72
$ 2,270.58
$114,1+18.56
$ 1,1+88.25

295.36 $ 295.36 $2,332.96 $2,358.77

1 5,699.29 7,785.02 5,300.75 14,915.88 8,607.96 14,823.15 9,239.61 14,700.00 9,188.73 114,91+8.93 k , 372.32 12,777.78 14,100.15
$ 9 6 ,L 59.57
#178,91+3.142

$ 5,141+5.68 7,397.06 l+,962.05
1+,868.95 8,607.96 3,501.65 8,126.80 l+,700.00 8,71+7.61 ll+,032.58 3,932.36 12,766.08 1+.033.00 $ 91,121.78

$ 81+.55 308.05 208.98 1+6.93
1,299.36 2I+.II
1+1+1.12 278.51+ 269.96
11.70
$ 2, 973.30

$ 1145, 855. 14!+ $25,389.51

$ I69.O6 79.91 129.72
22.11+ 1,088.70
637.8I 170.00 67.15
#2,3614.149
$7,698.1+7

$ 39,682.73 65,61+9.65 13,070.142
#118,1402.80
$297,31+6.22

$ 20,51+0.00
19 ,12 9 .13 61+0.30

$18,901.95 l+l+,502.30
1 2 , 1+2 5 .1 2

$ 1+0,309.1+3 $75,829.37 $186,161+. 87 $101,218 .88

$ 21+0.78 2,018.22
5 .0 0
$2,261+. 00 $9,962.1+7

t H0O10i

STATEMENT OF TRUST FUND BALANCES F or Year Ended June 30, I95I
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: G ifts and G rants In o ome on In v e s tm e n ts TOTAL ADDITIONS
DEDUCTIONS: N otes W ritte n O ff Expended fo r Purpose of T ru st TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan Funds

# 6 , 752 . 01+ # 9 ,5 5 0 .5 0

1 ,0 0 0 .0 0 li+2.00
T 1,11+2.00

#

235.50

I 6 5.OO

IT-- EO T3

# 7 . 89+.01+ # 9 , 150 .0 0

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, I 95I

ENDOWMENT FUNDS Claude Davis Ingram S . M. A* H u tc h in s o n M em o rial TOTAL ENDOWMENTS
LOAN FUNDS War Bond S c h o la rs h ip Septem ber ll+th Fund Kate B en tley G ir ls 1 Fund A rchie G riffin U D# C (B rooks Co) C lass of 1922 Louise Sawyer Anne S in g le ta r y Jew el W hitehead K. F . Lumpkin W. R . D ew berry D aniel A shley H otel TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund B alance B eg in n in g Of Year

A dditions

D eductions

Fund B alance End of Year

# 6,752.01+ $ 11+2.0 0 # 1 , 000.00
i 6 ,7 5 2 . 01+ $ 1 , 11+2 .0 0

# 6,89l+.Ql+ 1 , 000.00
# 7,09l+.0l+

* 3 , 1+83.00

3, 802.50

#

10 1.6 0

15 0 . 01+

21+0 . 0 0

500.00

11 8 .3 6

7 5 .0 0

15.00

500.00

100.00

300.00

165.00

* 9 . 550.50

#16,302.51+ # 1 , 11+2.0 0 #

2O6 . 5 O 29.OO
I 6 5 .OO I+.5 0 I+OO.5 O

# 3 , 1+83.00 3 ,5 9 6 .0 0 72. 6O 15 0 . 0i+ 2+0 .0 0 5 OO.OO 11 8 .3 6 7 5 .0 0 I 5 .OO 5 OO.OO 100.00 3OO.OO
# 9 , 150.00
# 1 7 . 01+1+.01+

190

DETAIL OF TRUST FUND INVESTMENTS For Year Ended June 30 1951

A. ENDOWMENT FUNDS GOVERNMENT BONDS U. S . Treasury U* S . Treasury U. S. Treasury - Series G U. S . Treasury - Series G U. S. Treasury - Series 0 TOTAL GOVERNMENT BONDS

Rate of Date of Interest Maturity

2.75

9-15-59

2.75

12-15-65

2.5

8- 1 -53

2.5

8- 1 -62

2.5

1 1 - 1 -62

COiMON STOCK Illin o is Central Railroad - 10 shares

TOTAL ENDOWMENT FUND INVESTMENTS

B. LOAN FUNDS GOVERNMENT BONDS U. S . Treasury - Series F U. S* Treasury - Series F U. S . Treasury - Series F U. S . Treasury - Series F U. S . Treasury - Series F U, S. Treasury - Series F
U. S . Treasury - Series F U. S. Treasury - Series F U. S . Treasury - Series F

2.53

3-1-55

2.53

5-1-55

2.53

10-1-55

2.53

11-1-55

2.53

1-1-56

2.53

2-1-56

2.53

1+-1-56

2.53

3-1-57

2.53

10-1-56

TOTAL LOAN FUND INVESTMENTS

TOTAL TRUST FUND INVESTMENTS

STATEMENT OF CHANGES IN CASH BALANCES F or Year Ended June 30, 1951

Book Value
1 1,800.00 1,500.00 1+00.00 1,500.00 1,000.00
$ 6,200.00
$ 973.20 $ 7.173.20
$ 55.50 7I+.00 ll*B.OO 296.OO 7U.00 7I+.OO l+8.00 7I+. 00 7.00
$ 1,017.50 $ 8,190.70

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTAIS

Balance

Receipts Disbursements Balance

Ju ly i , I95O For Year For Year .June 30, I95I

$ 6,507.62 $185,505.1+0 $178,91+3*1^ $13,069.60

i3.37O.56 113,380.30 118,1+02.80 $ 19 ,0 7 0 .16 ~ $29B7BB5.70 $297.346.22

8,31+8.06 $21,2+17.66

$ U.09U.97 $ 51+.592.79 $ 53.21+8.52 $ 5,1+39.21+

$ 7.559*00 $ 3,000.00 $ 1+.559.00

$ 1,1*72.011 $ 2,672.00 $ 3,1+73.00 $ 670.81+

5.53I.5O $ 7,003.56"'

$

1,662.00 1+.331+.00 $

2,213.50 5.686.70

l+,980. 00 $ 5,650. 01+

$30,976.69 $365.371.1+9 $359.281.1+1+ $37,066.71+

-1 9 1

Student A c tiv itie s S enior Honor S o ciety C h a p e l F un d , Y. W. C . A. S tu d e n t Bank
TOTAL

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1951

B alan ce J u ly 1, 1950 R e c e ip ts

D isb u rse- Balance m ents June 30, 1951

$ 35.23
87l*.l*8 3, 185.26
$ 4 ,0 9 ^ .9 7

$ 5,835.90 125.00
1+7.65 1*8, 581+.21+

$ 5,802.86 1*7,14*5.66

$5l+, 5 9 2 .7 9 $53,21*8.52

$

68.27

125.00

922.13

1+.323. 81*

$ 5,1*39.21*

STATEMENT OF UNEXPENDED PLANT FUNDS F o r Y ear Uncled J u n e 3 0 , 1951
BALANCE, BEGINNING OF YEAR ADDITIONS:
G overnm ental - S ta te o f Geoi*gia DEDUCTIONS:
Rot>f R e p a ir s BALANCE, END OF YEAR
SUMMARY OF INVESTMENT IN PLANT For Y ear Ended June 30, 1951
VALUE OF PU N T, JULY 1 , 1950 ADDITIONS DURING YEAR
Expended from E d u catio n al and G eneral Funds and included in C u rren t E xpenditures
Expended from A u x ilia ry Funds and in clu d ed in C urrent Expenditures TOTAL ADDITIONS
VALUE OF PLANT, JUNE 3 0 , I 9 5 I

Funds For P lant
A dditions - 0-
$ 7,559.00
$ 3,000.00 $ 4,559.00

$955,727.16

$ 7,019,27 1 ,8 1 1 .8 8

$ 8,831.15 $96^.558.31

192

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

A. LAND Campus
B. BUILDINGS L ibrary West H a ll Gymnasium K itohen Annex Converse H all A shley H a ll Senior H all Swimming P o o l and B a th House Log C abin B o ile r House M usic S tu d io Garages and Workshops TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS S tre e ts and Sidew alks H e'ating System C am ellia T ra il A m phitheatre TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT A dm inistrative O ffices Physical P lan t L ibrary I n s tru c tio n a l Departm ents Student A c tiv itie s D orm itories D ining H a ll K itohen Annex H eating P lant TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investm ent B eginning
Of Year

A dditions

Investm ent End of Year

$150,000.00
$ 60,000.00
125,000.00 5,000.00 9,217.70
1 1 0 ,0 0 0 .0 0 100,000.00
6 0 ,0 0 0 .0 0
23,000.00
8 ,0 0 0 .0 0 2 0 ,0 0 0 .0 0
36,000.00 1,150.00
$557,367.70
$ 15,000.00
2 0 ,0 0 0 .0 0 1 2 ,0 0 0 .0 0
3,000.00 $ 50,000.00

$150,000.00
$ 60,000.00 125,000.00 5,000.00 9,217.70
110,000.00 100,000.00
60,000.00 23,000.00
8 ,0 0 0 .0 0 2 0 ,0 0 0 .0 0 3 6 ,0 0 0 .0 0
1,150.00
$ 5 5 7 ,3 6 7 .7 0
$ 15,000.00
2 0 ,0 0 0 .0 0 12,000.00
3,000.00 ` $ 50,000. ob

$ 6,814.82 5 ,8 1 5 .2 1
63,372.20 i l l , 003.04
3 ,7 7 1 .8 0 14.0,480.34
1,741.06 15,360.99
2 0 ,0 0 0 .0 0 $198,359.46
$955,727.16

$ 340.39 411.90
2,336.00 2,530.98
521. 841.05
449.49 1,400.00 $ 0 ,8 3 1.15

$ 7,155.21 6,227.11
65,708.20
4 3 ,5 3 4 .0 2
3 ,7 7 1 .8 0
41,001.68
2 ,5 8 2 .1 1
1 5 ,8 1 0 .4 8
21,400.00 ' $207,190.61

$8,831.15 $964.558.31

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 95I
M edioal C ollege of G eorgia A ugusta, G eorgia
195<

BALANCE SHEET June 30, 1951

ASSETS

I . CURRENT FUNDS A . GENERAL Cash on Hand and i n Bank A ccounts R eceivable TOTAL GENERAL FUNDS

B . RESTRICTED Cash on Hand and in Bank TOTAL RESTRICTED FUNDS

C . AUXILIARY Cash on Hand and in Bank S tores TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash on Hand and in Bank

TOTAL AGENCY FUNDS

III.

ENDOWMENT FUNDS Cash on Hand and in Banks Due from A u x ilia r y fu n d s Investm ents* U n iv e rsity of G eorgia B uildings Real E state

TOTAL ENDOWMENT FUNDS

IV . STUDENT LOAN FUNDS Cash on Hand and in Banks S tu d en t N otes R eceivable Investm ents - U. S . S e c u ritie s

TOTAL STUDENT LOAN FUNDS

V. PHYSICAL PLANT Land and Improvem ents B u ild in g s E q u ip m e n t

TOTAL PHYSICAL PLANT

TOTAL ASSETS

130,304.33
7,916.74 163,946.92 #24,363.55 53,359.56
$ 7,438.72 14,000.00

# 38, 221.07 # 65,946.92
# 77,725.11
# 17,135.78
$ 8,468.66 5,000.00
21,458.72
1,998.52 27,334.05 5,000.00
#127,500.00 361,500.00 434,782.53

$ 181,891.19 # 17,133.78
# 34,907.38 # 34,332.57 # 923,782.53 #1,199,047.36

196

BALANCE SHEET June 3 0 , 1951

LIABILITIES

I . CURRENT FUNDS A* GENERAL Reserve fo r Purohase O rders O utstanding
S u rp lu s TOTAL GENERAL FUNDS

|10,i+12.5l4 27*808.53

B . RESTRICTED Fund Balance

C . AUXILIARY Due t o Endowment Funds Reserve fo r S to res S u rp lu s TOTAL AUXILIARY FUNDS

* 5,000.00 53.359.56 19.565.55

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund B alance

TOTAL AGENCY FUNDS

I I I . ENDOWMENT FUNDS Fund B alance

TOTAL ENDOWMENT FUNDS

IV . STUDENT LOAN FUNDS Fund Balanoe

TOTAL STUDENT LOAN FUNDS

V . PHYSICAL PLANT Invested in P lan t

TOTAL PHYSICAL PLANT

TOTAL LIABI L I T I E S AND SURPLUS

# 38,221.07 * 65,9146.92
# 77.725.11
$ 17.133.78 3li,907.38 * 3l4.332.57 1923.782.53

$ 181,891.10 # 17,133.78 * 3U .907.38 $ 314,332.57 923,782.53
n,19g,0l47.36

187-

STATEMENT OF CURRENT INCOME For Yaar Ended June 30, 1951

EDUCATIONAL AND GENERAL STUDENT FEES M atriculation Non R e sid e n t T u itio n O ther S tudent Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia - R egular O perations C ity of A ugusta TOTAL GOVERNMENTAL
ENDOWMENT W. J . Young Fund
GIFTS AND GRANTS Am erican Cancer S o c ie ty Am erican H eart A sso c ia tio n Cancer C linic L ife In su ran ce M edical R esearch Fund B ra y te n P h a rm a c e u tic a l Company C iba P harm aceutical P ro d u cts, Inc* A y e r s t, McKenna, H a rris o n Company Edward H enderson G ynecological S p e c ia litie s , Inc* L ederle L aboratories D ivision Schering C orporation The Upjohn Company W yeth, In c . Research G rants (P sy ch iatry ) S h a rp A Dohme Tadona U* S* P u b lic H e a lth S e r v ic e (Med* M icro * ) U* S , P u b lic H e a l t h S e r v ic e (M e d ic in e ) U* S . P u b lic H e a lth S e r v ic e (O ncology) U. S . P u b lic H e a lth S e rv ic e (B iochem istry) U . S , P u b lic H e a lth S e rv ic e (Phys* A Pharm*) U* S . P u b lic H e a lth S e r v ic e (P h y s. A Pharm *) U * S , Public H ealth S ervice (P sychiatry) U. S . P u b lic H ealth S e rv ic e (Cytology) -U* S . P u b lic H e a lth S e rv ic e (C y to lo g y ) U* S . A* E . C* (B io c h e m is tr y ) W inthrop-S te a m s TOTAL GIFTS AND GRANTS
S A L E S AND S E R V IC E S
M aternity S h elter E lectroencephalogeaphic C lin ics R esearch S erv ices (Endocrinalogy)
TOTAL SALES A SERV IC ES

G eneral Income

R estricted T otal

Income

Income

$123,813.95 5 ,0 1 3 .5 8
1+50.75 1 1 2 9 ,2 7 8 .2 8

123,813.95 5 ,0 1 3 .5 8
1*50.75 12 9 , 278. 2

$1475,000.00 $l+?5 , 000.00

1+7 5 , 000.00 7 , 500.00 7 ,5 0 0 .0 0 7 ,5 0 0 .0 0 402, 500.00

$

i+ ,29l *.62 l+,29l+.62

$

500.00

500.00

2,572.50 2,572.50

1,951*. 13 8 , 1400.00 3 , 600.00 2, 000.00 1 , 500.00
17 5 .0 0 1 , 500.00 2, 000.00 2 , 1400.00 2, 250.00

1,951*. 13 8, 1+00.00 3, 600.00 2, 000.00 1 ,5 0 0 .0 0
75.00 1 , 500.00 2*000.00 2, 1+00.00 2, 250.00

3 , 050.00 I4OO.OO
3 , 000.00 800.00

3 , 050.00 1+00.00
3 , 000.00 800.00

5,81+1.57 9 , 91*6.148
36, 1421.76
6 , 1+3 5.0 0

5,81+1.57 9 , 91*6 . 1+8
36,1+21.76 6 , 1+35.00

5l+,500.00 5l+,500.00

10,800.00 10,800.00

l*,99lu95 6 , 265.00

l+,99l+.95 6, 265.00

3 ,8 7 3 .0 0 5 , 1+00.00
750.00

3 ,8 7 3 .0 0 5 , 1+00.00
750.00

101,329.39 181,329.39

$ 5,568.50 $ 5 , 568.50

3 ,2 3 7 .0 0 6 , 120.10 9 ,3 5 7 .1 0

5 ,5 6 8 .5 0 3 ,2 3 7 .0 0 6 , 120.10 ll+ ,9 2 5 .6 0

-19 8-

OTHER SOURCES P roperty R entals O ther TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
NON INCOME T ra n sfe r from A u x ilia ry Funds
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES BOOKSTORE
MICROSCOPE SALES A RENTALS
PELVIMETER SALES
RESEARCH SALES
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

G eneral Income

R estricted Income

T otal Income

$ 62I4.OO 222.68
1 -------6 b 6 .6 8

624.OO 222.68 8L|6.60

1610,693.146 202,1481.11 813,174.57

$ 32, 000.00

32, 000.00

$6142,693*146 202,1(81.11 81*5.174.57

$ 53.362.53

53, 362.53

$ 20,1+90.50

2 0 ,4 9 0 .5Q

$ 14,035.09

4 ,0 3 5 .0 9

$ 136.97

136.97

$ 78,025.09

78, 025.09

$688,718.55 202,1481.11 891,199466

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A. EDUCATIONAL & GENERAL ADMINISTRATIVE AND GENERAL P re sid e n t's O ffice D epartm ent of A dm issions B usiness O ffice G eneral R e g istra r's O ffice TOTAL ADM. & GENERAL
PLANT OPERATIONS
LIBRARY

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 a la rie s Supplies & Wages & Expense Equipment

$ 9,3144.82 4, 7 1 2 .6 8
1 3 ,6 7 7 .6 4 12 , 905.66
5 ,7 3 5 .0 9 $ 46,375.89 "

8, 666.66

6 7 8 .16

3,875-00 837.68

9 , 1400.22 4,277.142

2, 835.82 1 0 ,0 6 9 .8 4

5,061.19 673.90

29,838.89 16,537.00

$ 62,214.93

30,741.94 26,154.67 5,318.32

$ 5,633.03 7 ,028.76 5 .4 6 5 .3 4 167.69 7,028.76

INSTRUCTION G ross Anatomy M iorosoopic Anatomy B iochem istry P h ysiology & Pharm acology P a th o lo g y M edical M icrobiology & P ublic H ealth M edicine P sychiatry

$ 23,433.05 1 8 ,5 9 6 .8 4 2 7 ,6 9 1 .8 7 48, 6 7 1 .2 8 22, 826.61
26,808.35 3 0 ,3 5 2 .7 3
5 ,7 5 3 .3 9 -199-

21,1446.00
16,945*97 214,084.00 4 1 ,2 8 4 .6 2 2 0 ,8 4 6 .0 0

1 ,763.40 223.65
1 ,6 5 0 .8 7 3,150.65 457.22 3,760.59 3,626.07 1,849.63 130.98

25, 220.00 2 9 ,3 5 3 .3 3
5 , 400.00

1 ,5 8 8 .3 5 999.40
353.39

INSTRUCTION (C o n tin u e d ) P ediatrics Surgery O b s te tric s A Gynecology E n d o c rin o lo g y M edical I llu s tr a tio n L ectures TOTAL INSTRUCTION

Fund C la s s ific a tio n T otal R estricted

O bjeot C la 8 8 ific a tio n O perating
S a la rie s Supplies A Wages A Expense Equipm ent

* 10, 730.30 6 1 , 614+. 80
1 1 ,8 5 2 .1 7 12,31+1+. 29 15,269.79
13 .2 0
*315,988.67

.9 ,0 8 2 .5 0 1,61+7.80

5l+,599.08 6 , 716.96

10, 077.98 7 , 620.00
1 2 , 1+00.00

1,771+. 19 l+,72l+.29
l,3 0 l+ .5 3 1 3 .2 0

278,359.^8 31,297.25

328.76 1 , 565.26 6 , 3 3 1. 91+

ACTIVITIES RELATED TO INSTRUCTION

M edical S ta te Aid U niversity H ospital

*ll49,75l+* 17
37, 88)4 0 0

M aternity S h elter

2,31+3*66

E le o tro e n c ep h a lo g ra p h ic Clinic

TOTAL ACTIVJ TES RELATED

TO INSTRUCTION

*189,981.83

+9.551+. 90 7 ,5 0 0 .0 0 l+0,38l+.00
1,971+. 60 2,569.20 2,332.50
10 , 069.20 19I+, 2 lj6. 00

199.27 5 , 000.00
369.06 236.70
5 , 805.03

RESEARCH R eg u lar S pecial TOTAL RESEARCH

I 100.00

100.00

1148,861+. 66 6 5 ,3 8 2 .9 0 1 7 ,5 3 8 .0 5 65,91+3.71

* 1 0 0 .0 0 11+8,861+. 66 6 5 ,3 6 2 .9 0 7,63.' 5' W M J . 7 T

EXTENSION TOTAL EDUC. A GEN. EXPEND.

* 2,116.82

177.11 1,939.71

*622, 1+1 1 . 1 7 16 5 , 9 6 2 .6 2 60I4., 2 1 1 .6 6 99,539.1+0 814,622.73

NON EXPENSE Refund P rev io u s Y rs. Income *

2,701+. 15

TOTAL EDUC. A GEN. DISB.

* 6 2 2 ,la i.l7 168,666.77

AUXILIARY ENTERPRISES B ookstore M icroscope S a le s & R en tals Pelvim eter S ales Researoh S ales

* 21,030.56 8 .5 5 2 .2 5 3 .2 6 8 .2 5 521+.95

3 9 .0 0 20, 9 9 1.5 6
8, 552.25
1 , 237.50 2, 030.75 76 .2 0 14+8.75

TOTAL AUXILIARY EXPEND.

* 33,376.01

1 . 352.70 32, 023.31

NON EXPENSE T ra n sfe r to Eduo. A Gen.

* 32, 000.00

TOTAL AUXILIARY DISB.

65, 376.01

TOTAL CURRENT EXPENDITURES

* 6 5 5 ,7 8 7 .1 8 1 6 5 ,9 6 2 .6 2 605,5614.36131,562.71 814,622.73

-200

STATEMENT OF OPERATION OF RESTRICTED FUNDS For *ear ^nded June 30, 1951

B alance

R eceipts D isbursem ents

B alance

J u ly 1 , 1950 For Year For Year June 30, 1951

American Cancer S o c ie ty American H e a rt A sso c ia tio n American M edical A sso c ia tio n Cancer C lin ic Cox (U rology) D iocyl (M edicine) L ife Insurance Macy G rant M ark le (Med* M ic ro b io lo g y ) M arkle (M edicine) M erck Pathology of Cancer P ellag ra (Sw ift) P erm an en t S c ie n c e (AAAS) Research G rants (Endocrinology) R e s e a rc h G ra n ts (Med* I l l u s t r a t i o n ) Research G rants (P sychiatry) Soopicon S h a rp and Dohme Tadona U .S.P.H .S. (M edicine) U .S .P .H .S . (Med. M ic ro .) U .S.P.H .S# (M edicine) U .S .P .H .S . (Oncology) U .S.P.H .S. (B iochem istry) U .S .P .H .S . (P A P) U .S.P.H .S. (A n esth es.) U .S.P.H .S. (S urgery) U .S .P .H .S . (P A P) U .S .P .H .S . (P A P) U .S.P.H .S. (P sych.) U .S.P.H .S. (C ytology) U .S.P.H .S. (C ytology) U .S.A .E.C . (B iochem istry) W inthrop-Stearns W. G. T yson W. J . Young
Special Cancer C lin ic E lectroencephalographic C lin ic U ndistributed In te re s t R esearch S erv ices (Endocrinology) C ity of A ugusta

$
6 4 .0 7 I+O9 .7 2 1 ,0 0 0 .0 0 I4.9 1 .3 4 869.81* 344.10 1,1+77.62 158.16
6 5 . 51* 1 ,5 6 5 .6 3
268.81+ 79.75
12 , 699.88 295.12
602.00
18.1+7 -6,81+5.1+2 -1 ,8 9 1 .9 7 -3,81+4.30
3 ,3 1 2 .1 5 23I+.68
1 , 888.39 2 ,2 8 8 .3 9 1 ,5 3 8 .7 6
335.89
2,577.1+5
18.50 1 1 ,7 3 3 .7 0
7.1+8 - 30.57 399.37

500.00 2 ,5 7 2 .5 0 1 ,9 5 4 .1 3
8,1+00.00
18,1+75.00 1+00.00
3, 000.00 800.00
5,81+1.57 9,91+6.1+8 36,1*21.76 6,1+35.00
5l+,500.00 1 0 ,8 0 0 .0 0 4 ,9 9 4 .9 5 6 ,2 6 5 .0 0 3 ,8 7 3 .0 0 5 , 1+00.00
750.00 l+,29l+.62 3 ,2 3 7 .0 0 6 ,1 2 0 .1 0 7 , 500.00

526.27 2 ,3 2 5 .9 2
60.81+ 2 ,3 6 2 .5 0
3Q1+.60 9,01+9.36
790.00
19 0 . 1+8
1 6 ,1 0 1 .3 5
800.00
1,11*6.73 8, 059.66 22,61+9.61+ l+ ,9 7 5 .9 0
23I+.68 1 ,8 8 8 .3 9 2 ,2 8 8 .3 9 1+8,554.36 5 ,9 2 4 .5 4 5 ,6 4 5 .8 6 4 ,6 8 4 .8 5 3, 274.30 9 , 730.19
7 , 028.76
2, 569.20
7 , 500.00

- 26.27 21*6.58
3 .2 3 .3 5 1 ,0 0 0 .0 0 ' 186.74 220.1*8 31+4 .1 0 687.62 1 5 .16 6 5 .5 4 1 ,3 7 5 .1 5 2 6 8 .8+ 79.75 1 5 ,0 7 3 .5 3 295.12 400.00 602.00 3, 000.00
18.47 -2 ,1 5 0 .5 8
- 5.15 9 ,9 2 7 .8 2 4 ,7 7 1 .2 5
7,1+84.40 4 ,8 7 5 .4 6
- 315.02 1 ,5 8 0 .1 5
598.70 -1 ,7 5 2 .7 4
750.00 18.50
8 ,9 9 9 .5 6 7 .4 8
637.23 399.37 6 ,1 2 0 .1 0

TOTAL

$32,132.58

202,1+81.11

168, 666.77

6 5 ,9 4 6 .9 2

201

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1951

Endowment Funds

Loan Funds

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS* G ifts and G rants Income on In v e stm e n ts I n t e r e s t on S tu d e n t Loans TOTAL ADDITIONS
DEDUCTIONS* Investm ent Expense T ransfer to R e stric te d Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

34,900.38 32, 770.21

4 ,9 4 3 .9 4
9 4 ,9 4 3 * 9U

814.00 304.26
1*1*4 10 1 ,5 6 2 .3 6

642.32 4 ,2 9 4 .6 2
4,936.94
3 4 ,9 0 7 .3 8

3 4 ,3 3 2 .5 7

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June JO, 1951

ENDOWMENT FUNDS M oore-C arter Fund W. J . Young TOTAL ENDOWMENT FUNDS
LOAN FUNDS Murphey Fund S tu d en t Loan Fund K ellogg Fund TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

B alan o e B eg in n in g
Of Year

A dditions

5,698.80 2 9 ,2 0 1 .5 8
3 4 ,9 0 0 .3 8

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

D educti ons

B alan o e End Of
Year

4 ,9 3 6 .9 4 4 ,9 3 6 .9 4

5 ,7 0 5 .8 0 2 9 ,2 0 1 .5 8 - % 7 W .3 B

7,356.81* 9 ,3 5 5 .0 0
16 , 058.37 32,770.21

155.87 1 ,1 2 0 .5 9
285.90 " T ,3 6 2 . 36

67, 670.59 6 ,5 0 6 .3 0

4 ,9 3 6 .9 4

7 ,5 1 2 .7 1 1 0 ,4 7 5 .5 9 16,31*4.27 3 U ,3 ^2 .5 7
6 9 ,2 3 9 .9 5

STATEMENT OF CHANGES IN CASH BALANCES F o r Y ear **nded Ju n e 30, 1951

CURRENT FUNDS G eneral R estricted A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment S tu d en t Loan TOTAL TRUST FUNDS
TOTAL

B alance R eceip ts J u ly 1, 1950 For Year

D isbursem ents Balance For Year June 30, 1951

10,022.01* 3 2 ,1 3 2 .5 8 11,714.1*7
53,869.09
2 1 ,2 1 8 .0 8

61*2,693.1*6 202,1*81.11
7 8 ,0 2 5 .0 9 923 , 199.66
13 ,347.18

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

3 0 ,3 0 4 .3 3 6 5 ,9 4 6 .9 2 2 4 ,3 6 3 .5 5 120,614.00
1 7 ,1 3 3 .7 8

7,835.4!+ 1 , 020.03
0,855.47
8 3 ,9 4 2 .6 4
- 202-

5 ,5 7 0 .1 6 1 1 ,4 5 3 .4 9 17,023.65
953,570.49

4 ,9 3 6 .9 4 1 0 ,4 7 5 .0 0 1 5 ,4 1 1 .9 4
889,297.37

8,1*68.66. 1 ,9 9 8 .5 2 10,467. IS
148,215.76

STATEMENT OF AGENCY FUNDS Foi Year Ended June 30, 1951
Fund Balanoe J u ly 1, 1950 R eceip ts

D isb u rse- Fund balance ments June 30, 1951

000LT\

B asal M etabolism S ta te E n tran ce Exam iner S tudent Breakage D eposit S tu d e n t D e p o sit on F ees S tu d en t H e a lth and A c itv itie s Advance from V eterans A d m in istra tio n W ithholding Taxes R etirem ent System C o n trib u tio n s S a le s Tax
TOTAL AGENCY FUNDS

26,00 3 ,9 0 8 .9 5 2 ,5 7 5 .0 0 1 , 963.20 1 2 , 69!+. 93
$ 2 1 ,2 1 8 .0 8

5 ,6 8 1 .1 2 7 , 6 11.10
3 .OO 5 1 .9 6 13,31*7.18

6, 050.02 5 0 5 .OO
4 ,5 2 5 .3 7 6 ,3 4 3 .5 9
7. 5O
17,1+31.1+8

5 O.OO 26.00 3,51+0.05 2 , 070.00 5,01+8.93 6 , 3 5 1 . 3k
3 .OO - 7.50 5 1 .9 6
1 7 ,1 3 3 .7 8

STATEMENT OF INVESTMENT IN PLANT For ^ e a r Ended June 30, 1951
Investm ent B eg in n in g
Of Year

A. LAND
B . BUILDINGS Newton Dugas M urphey D w e llin g , II+96 H a rp e r S t r e e t TOTAL BUILDINGS
C. EQUIPMENT A dm inistrative O ffices P hysical P lan t L ibrary I n s tr u c tio n a l D epartm ents TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$12 7, 500.00
$ 80,000.00 11+0, 000.00 11+0, 000,00 1 , 500.00
$3 6 1, 500.00
# 15 , 989.68 51+4 .7 7
86, 925.32 258, 460.30 $361,920.07
$850, 920.07

A dditions

Investm ent End Of Year
12 7, 500.00

8 0 ,0 0 0 .0 0 140, 000.00 31+0,000.00
1 , 500.00 3 6 1, 500.00

393.21 -1 1 .0 0
6, 127.53 66, 352.72 7 2 , 862. 1+6

1 6 ,3 8 2 .8 9
533*77 9 3 ,0 5 2 .8 5 3 2 4 ,8 1 3 .0 2
' -434778233

72, 862*46 923,7 8 2 .5 3

205-

GEORGIA SOUTHWESTERN COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 I 9 5 I
G eorgia Southw estern C ollege A m erious, G eorgia
-205-

BALANCE SHEET June 30, 1951

ASSETS

I . CURRENT FUNDS A . GENERAL Cash in Bank Im prest Cash A ccounts R eceivable TOTAL GENERAL FUNDS
B . AUXILIARY Cash in Bank A ccounts R eceivable S tores (inventory) TOTAL AUXILIARY FUNDS

# 4 ,5 7 1 .7 0
300.00
15.00

# 4,886.70

# 7 ,4 3 5 .8 3 177.95
7 ,0 2 8 .2 7

# 14,642.0^

TOTAL CURRENT FUNDS

I I * AGENCY FUNDS Cash in Bank

TOTAL AGENCY FUNDS

III.

STUDENT LOAN FUNDS Cash in Bank Investm ents (Bonds)
Student N otes R eceivable

I 19,528.75

# 1,682.86

# 1,682.86

# 3,073.66 4 6 ,5 0 0 .0 0 6 ,7 1 7 .6 0

TOTAL STUDENT LOAN FUNDS
I V . PLANT FUNDS Land Bui ld in g s Improvements o th e r th a n B u ild in g s Equipm ent

# 56,291.26
# 5,580.00 4 2 0 ,7 4 8 .5 8
2 7 ,9 3 7 .8 9 1 1 1 ,5 4 3 .1 3

TOTAL PUNT FUNDS

# 5 6 5 ,8 0 9 .6 0

TOTAL ASSETS

BALANCE SHEET June 30, 1951

LIABILITIES
I . CURRENT FUNDS A* GENERAL Reserve fo r Purchase O rders O utstanding R eserve fo r Unearned Income S u rp lu s TOTAL GENERAL FUNDS
B . AUXILIARY Aooounts Payable Reserve fo r S to res (inventory) R eserve fo r S a le s Tax Payable S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
I I I . STUDENT LOAN FUNDS Fund B alance
TOTAL STUDENT LOAN FUNDS
IV . PHYSICAL PIANT Invested in P lant
TOTAL PHYSICAL PIANT
TOTAL LIA B ILITIES, SURPLUS, AND FUND BALANCES

# 80.15 876.00
3 ,9 3 0 .5 5 l4-.886. 7O
857.65 7 ,0 2 8 .2 7 31.28 6,721+. 85 * l l 4. 6l42.O5 19.528.75
1,682.86 1,682.86
56, 291.26 56,291.26
565,809.60 5 6 5 ,8 0 9 .6 0
6it3.31g47

07-

STATEMENT OF CURRENT INCOME For T ear Ended June $ 0 , 1951

EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atriculation B ealth S ervice Summer S e s s io n O ther TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS Stat* of G eorgia - R egular O perations
OTHER SOURCES R ents fo r P ro p erty M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES CAMPUS STORE
DORMITORIES M organ S an fo rd "W heatley T errell TOTAL DORMITORIES
DINING HALL
APARTMENTS AND DWELLINGS
TOTAL AUXILIARY INCOME
NON-INCOME S a le s Tax C o lle c tio n s
TOTAL AUXILIARY RECEIPTS
TOTAL CURRENT INCOME

$ 2.22U .53 25,873.i0 2,593*1+0 1,1+91.80 3 ,0 6 7 .7 0
* 3S.25Q.83

# 78,000.00

$ 650.00 1 ,0 2 5 .1 8
? -T /6 7 5 '.I8
lli+ ,9 2 6 .0 1

lll+ ,9 2 6 .0 1

17.252.99
# 1,061.52 6,971*. 16 2 ,1 3 0 .9 9 6,116.31+
* ,5 3 .0 l
$ 55.1+20.72
* 2.71+1+.92
* 91.701.61+ I 91,701.61+

# 11+5.06 # 91,81+6.70
1206,627.65

- 208-

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A . EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL C o m p tro lle r's O ffice G eneral A dm inistrative P re s id e n t's O ffice R eco rd 's O ffice TOTAL ADM. A GENERAL
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION B usiness Education E ducation Fine A rts Home E conom ics Languages N atu ral Soienoes P h y sical E ducation S o c ia l Science V isual Education Summer S c h o o l TOTAL INSTRUCTION

T otal

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

A Wages A Expense Equipm ent

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

7,301.08 8 ,1 1 6 .6 6
8,6145.92 5 ,9 7 5 .6 1
30.039.27

7,078.00 1 ,4 9 9 .6 8 7 ,8 6 3 .0 0 5 ,8 9 4 .0 0
22, 334.68

223.08 6 ,6 1 6 .9 8
6 6 9 .3 4 81.61
T ra ra r

113.58 TO T

$ 4,540.57 $ 27,783.11 4,284.79

4,219.75 15,207.78 3,31*4.00

283.32 1 2 ,4 0 7 .2 0 36.37

37.50 168^13 904.42

6,312.65 4 ,5 9 6 .6 9 3 ,1 2 4 .4 6 3 ,5 9 1 . 2U 1 , 720.00
1 5 ,9 6 5 .1 8 5,185.214 6 ,0 0 0 .0 0
376.98 1 ,3 3 8 .8 0
48,211.24

5,707.50 4 ,5 5 8 .5 0 3 , 000.00
3 . 5149.75 1 , 720.00 i4 ,4 9 8 .o o
4 , 868.75 6 ,0 0 0 .0 0
3 6 1 .0 0 1 ,3 3 8 .8 0
45,602.30

233.05 3 8 .1 9
12^*46 4 1 .4 9
775.83 292.64
15.98
1,521.64

372.10
6 9 1.3 5 2 3 .8 5
ll.08V .30

TOTAL EDUC. A GENERAL EXPENDITURES
B . AUXILIARY ENTERPRISES CAMPUS STORE
DORMITORIES Morgan Sanford T errell W heatley TOTAL DORMITORIES
DINING HALL
APARTMENTS A DWELLINGS

#114,858.98 90, 708.51 21,839.54 2,310.93

17.634.24 3,148.99 14,215.25

2,030.51 6 ,8 6 1 .3 4 4 ,6 2 3 .0 9 1 ,9 6 6 .3 4
15,481.28
52.161.07
* 3 , 170.35

1 . 375.75 4 ,5 0 3 .4 6 2 *370 .90 8 3 7 .15
9,007.26
16,614.62
925.96

654.76 2 ,2 1 4 .9 9 2,21+5.75 1 .0 9 1 .1 9
6,206.69
3 4 ,7 2 8 .4 3
2,24^.39

142.89 6 .4 4
3 8 .0 0 107.^3
818.02

TOTAL AUXILIARY EXPENDITURES
NON-INCOME S ales Tax R em itted
TOTAL AUXILIARY DISBURSEMENTS

88.i 4i46. 9i4 3 0 ,0 4 6 .8 3 5 7 .3 9 4 .7 6 , 0 0 5 . 5 5
113.78 f " SB,560.75

TOTAL CURRENT EXPENDITURES

203, 305.92 120,755.34 79,234.30 3,316.28

-2 0 9 '

STATEMENT OF TRUST FUND BALANCES For Y ear Ended June 30, 1951
BALANCE OF PRINCIPAL, BEGINNING OF YEAR ADDITIONS DURING YEAR:
Inoome on In v estm en ts I n t e r s t on S tu d e n t N otes
TOTAL ADDITIONS BALANCE OF PRINCIPAL, BEGINNING OF YEAR PLUS ADDITIONS DEDUCTIONS DURING YEAR:
Investm ent Expense BALANCE OF PRINCIPAL, END OF YEAR

# 1,286.25 9.21

Loan Funds #55,001.18
# 1,295*1 #56,296.61*
5*38 #56, 291.26

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30* 1951

LOAN FUNDS U. S . TREASURY U. S. T reasury Bonds, S eries G U. S . T reasury Bonds, S eries G MUNICIPAL W oodville, Ga. S chool D i s t r i c t M cIntyre, G a. School D is tr ic t C ity of A tla n ta , G eorgia C layton C ounty, G eorgia M atured d u rin g Y ear: W oodville, Ga. School D is tr ic t L u la, Ga. High Sohool
TOTAL

Rate Of M aturity I n te r e s t D ate

Book V alu e

Inoome F o r 4Y ear

2- 1/ 2* 2- 1/ 2*

5 /1 /6 1 5/ 1/63

5 -1 /2 * 6%
2 -1 /8 *
5*

11/ 15/ 51-55 1/ 1/57
9/ 1/57 1/ 1/56

5 -1 /2 * l

11/ 15/50 3/ 1 / 5 1

$38, 000.00 3 , 000.00 2, 500.00 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0
$146, 500.00

$ 950.00
I 37. 5O 60.00 21.25 5O.OO
27.50 I4O.OO
# 1,286.25

210*

STATEMENT OF CHANGES IN CASH BALANCES F or Year Ended June 30, 1951

CURRENT FUNDS E d u catio n al and G eneral A uxiliary E n terp rises TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
STUDENT LOAN FUNDS
TOTAIS

B alan o e

R eceipts disbursem ents Balanoe

J u ly 1 , 1950 For Year

For Year June 30, I95I

$ 4,804.67 4,12+9.85
f 8 , 9514.. 52
$ 1,2+35*05
$16 , 500.00
$ 5*699.19
$ 3 2 ,5 8 8 .7 6

$U i+,926.01 91,82+6.70
$206,772.71
4 13 , 592.75 $ 7,633*00
$ 3 , 068.85
$231,067.31

$112+, 8 5 8 .9 8 88, 560.72
$203,2+19.70

$ 2+,8 7 1 .7 0 7,1+35.83
't l 'i . W . 53'

$ 13,3242+. 92+ $ 1 ,6 8 2 .8 6

$ 2t+,133*00

$ 5,692+. 38 $ 3 ,0 7 3 .6 6

$22+6,592.02 $17,062+. 05

BANK BALANCES
Bank o f Commerce C itiz e n s Bank of Americus Im prest Cash

110,509* 2+9 6 , 2524.. 56 300.00
$ 1 7 , 062+. 05

A pplication Fees Roam and Key D e p o s its Breakage D eposits Gale D ep o sits Personal D eposits Student A c tiv itie s A th letic A ssociation Group In su ra n c e
TOTAL

STATEMENT OF AGENCY FUNDS F or Year Ended June 30, 1951

B alan ce

R e c e ip ts t) i s b u r seme rit s B ala n o e

J u l y 1 , 1950 F o r Y ear_____ F o r Y ear Ju n e 3 0 , 1951

$ 829.92 30.00 53.80
328.98 6 5 .1 6
12 7 .19
4 1,1*35-05

$ 578.20 2+29.0 0 2 2 5 .OO
2 ,1 7 5 .0 5 2 ,7 2 6 .7 3 3 ,8 2 7 .8 0 1 ,5 7 8 .9 6 2, 052.01
4 13,592.75

$ 1,258.92 2 5 5 .OO
1 , 922.50 2 ,5 3 3 .0 5 3,62+5.53 1 ,5 7 8 .9 6 2 ,1 5 0 .9 8
$ 13,3144.91+

$ 578.20
306.35 522.66 247.43
28.22
$ 1,682.86

211

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1951
BALANCE, BEGINNING OF YEAR
ADDITIONS Government A p p ro p ria tio n - S ta te o f G eorgia
DEDUCTIONS* Expended fo r P la n t A d d itio n s - W heatley H a ll E xpenditures not C ap italized Morgan H a ll R e p a irs Gymnasium R e p a irs T e rre ll H all R epairs W heatley H all R epairs A dm inistration B uilding R epairs P lans and S p e c ific a tio n s TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funs fo r P lant
A dditions
$ 16, 500.00
$ 7.633.00
$ 6,000.00
I 1,500.00
2 ,6 2 2 .1 4 3 ,1 1 6 .9 2 8 .7 9 3 .3 0 1 ,5 6 5 .6 7
I 16,155354.0.907'
$ 24,133.00

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING YEAR* 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 u rren t E xpenditures Expended from A u x ilia ry E n te rp rise s and included in C urrent Expenditures A djustm ents TOTAL ADDITIONS
VALUE OF PUNT JULY 1 , 1 9 5 0 , PLUS ADDITIONS
DEDUCTIONS FOR YEAR: B u ild in g s Dem olished A djustm ents TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1951

$583,950.45

$ 6,000.00

2 ,3 1 0 .9 3

1 ,0 0 5 .3 5 1 .5 5 0 .7 7

$ 10, 867.05 $594,817.50

$20,600*00 8, 907.90
------------------

$ 29, 007.90 $565, 809.60

2 1 2 -

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

Investm ent B eg in n in g
Of Year

Investm ent

End of

A dditions D eductions

Year

A. LAND
6 BUILDINGS A dm inistration B uilding Science B uilding Gymnas ium-Aud i t o r i urn Home E conom ics B u i ld in g P r e s i d e n t s Home Barn (Used f o r S to ra g e ) Morgan H a ll Sanford H all T e rre ll H all W heatley H a ll Campus S to r e Campus Farm House Negro House F u el House Negro Bunk House (Garage & S to ra g e ) U t i l i t y House New Boys D o rm ito ry (P la n s & S p e c .) P a in t House A partm ent - B u ild in g A A partm ent - B uild in g B Apartm ent - B u ild in g C Chapel TOTAL BUILDINGS

# 5 , 580.00

# 5 , 580.00

92, 500.00 50, 000.00
6 6 ,7 7 3 .9 8 7 , 000.00
12 , 500.00 2, 300.00
33, 000.00 68, 291..60 32, 500.00 29, 000.00
3 , 000.00 3 , 500.00
5 OO.OO 380.00 200.00 100.00 4 , 000.00 300.00 10, 000.00 10, 000.00 10, 000.00 3 , 000.00
*38,848.58

# 6 , 000.00
$ 100.00 4 , 000.00
10, 000.00 10, 000.00 * 6 , 000.00 #24, 100.00

92, 500.00 50, 000.00
6 6 ,7 7 3 .9 8 7 , 000.00
12 , 500.00 2 , 300.00
33, 000.00 68, 294.60 32, 500.00 35, 000.00
3 , 000.00 3 , 500.00
500.00 38O.OO 200.00 - 0- 0300.00 10 , 000.00 - 0- 0-
3 , 000.00 '#420, 740.58

C . IMPROVEMENTS S tr e e ts , Sidew alks and Landscaping W ater and L ig h ts D is t. System Sewage D isp o sa l System Program and F ire S ig n a l System Garbage and W aste D isp o sal System Lake Tennis C ourts TOTAL IMPROVEMENTS

# 12 , 351.00 3, 061.10 7 , 500.00 1 ,0 8 6 .6 8 250.00
5 7 3 .1 5 3, 115.96
* 27,93?.8$

# 12 , 351.00 3 , 061.10 7 , 500.00
1 ,0 8 6 .6 8 25O.OO
5 7 3 .1 5 3 ,1 1 5 .9 6 9 27,937.

D. EQUIPMENT

A dm inistrative O ffices

# 5,862.83

S tudent W elfare (in clu d in g In firm ary)

1 ,746.65

Physical P lant

2 5 ,8 3 7 .1 8

L ibrary

2 2 ,5 3 5 .2 5

In stru ctio n D ivision

1 9 ,2 8 4 .7 2

D orm itories

12,915.30

Food S erv ice - D ining H a ll Campus S to re

14,237.49 2 ,0 4 3 .0 6

A partm ents

7 ,1 2 1 .5 0

TOTAL EQUIPMENT

*111,563.96

# 755.142 5 1 3 .3 7 1142.56
1 , 243. 1+7 2, 137.140
64.1+5 # 594.40
10 .5 8
4 , 313.50 1 4 , 867.05 1 4 , 907.90

* 6,618.25 2 ,2 6 0 .0 2
2 5 ,9 7 9 .5 4 2 3 ,7 7 8 .7 2 2 1 ,4 2 2 .1 2
1 2 ,9 7 9 .7 5 1 3 ,6 4 3 .0 9
2 ,0 5 3 .6 4 2 ,8 0 8 .0 0
* 1 1 1 , 543.13

TOTAL INVESTMENT IN PLANT

#583,950.145 #10, 867.05 #29, 007.90 #56 5 ,8 0 9 .6 0 213-

FINANCIAL REPORT FOR THE YEAR ENDING
JUNE 3 0 , 1951
West G eorgia C ollege C a rro llto n , G eorgia

BALANCE SHEET June 30, 1951

ASSETS

CURRENT FUNDS A . GENERAL Cash in Bank Aooounts R eceivable TOTAL GENERAL FUNDS

# 9,134.80 1 ,5 7 8 .1 6

B . AUXILIARY Cash *n Bank Aooounts R eceivable TOTAL AUXILIARY FUNDS

# 26,469.22 2 ,1 6 1 .7 5

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash in Bank and on Hand

TOTAL AGENCY FUNDS

I I I . PLANT FUNDS A . UNEXPENDED Cash in Bank

B . EXPENDED

Land

# 27, 500.00

B uildings

4 4 7 ,4 6 8 .4 3

Im provements O ther th a n B u ild in g s 85, 19 1.13

E quipm ent

2 1 2 ,4 8 3 .1 7

TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

10,712.96 # 28,650.97 3, 651.20 * 10,303.00
#772,602.73

# 39,343.93 * 3, 651.20
#782,985.73 #825,980.86

- 216-

BALANCE SHEET June 30 1951

LIABILITIES

CURRENT FUNDS
A . GENERAL A ccounts Payable Purchase O rders O utstanding U nearned Income S u rp lu s TOTAL GENERAL

# 1 ,4lO*31 1 . 6714 75 4 ,3 1 5 .0 0
3 ,3 1 2 .9 0

B . AUXILIARY A ccounts Payable U nearned Inoome S u rp lu s TOTAL AUXILIARY

2,684.85 1,854.00
24,092.12

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund B alance

TOTAL AGENCY FUNDS

I I I . PIANT FUNDS A . UNEXPENDED Fund B alance

B . EXPENDED Investm ent in P lan t

TOTAL PIANT FUNDS

TOTAL LIA BILITIES, SURPLUS, AND FUND BA1ANCES

,10 712.96
# 28,630.97 3,651.20
I 10,343*00 7 7 2 ,6 4 2 .7 3

39,343.93
* 3, 651.20
$782,985.73 825,980.86

STATEMENT OF CURRENT INCOME F or Year Ended June JO, 1951

A . EDUCATIONAL AND GENERAL STUDENT FEES M atrieulation N on-R esident T u itio n Summer S e s s io n O ther TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia - O perations V ocational Funds '.OTAL PUBLIC APPROPRIATIONS
OTHER SOURCES P roperty R entals
TOTAL EDUCATIONAL AND GENERAL INCOME
NON-INCOME T ra n sfe r from A u x ilia ry Funds
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
3X1LIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Adamson M eIson M andeville Log C abin Hamm B a rra c k s Borders B arracks Storm s B arracks Rogers H all TOTAL DORMITORIES
FARM
TRAINING SHOPS
TOTAL AUXILIARY INCOME
NON-INCOME Reimbursement fo r A rc h ite c t Fees
TOTAL AUXILIARY RECEIPTS
TOTAL CURRENT INCOME 218

$ 33,276.14 3 ,2 3 8 .1 8
4 ,4 0 2 .3 4 4 ,9 3 2 .6 7 Tw m m

$ 96, 000.00 1 ,967.11
i 9 y ,9 6 7 .tt

$ 1,496.87 11+5 , 3 1 3 .3 1

$114.5,313.31

$ 9,831.00 $155,11^4.31

$ 12,554.56 $ 74,051.45

$ 4,261.29 4 ,2 6 1 .3 0 2 ,1 6 1 .4 2 1 ,2 3 5 .3 0 1 ,0 8 0 .7 1 1 ,0 8 0 .7 1 6 ,2 9 8 .2 0 1 ,2 3 5 .3 0
$ 21,614.23
$ 13,528.00
$ 1,167.10
$122,915.34 $122,915.34

$ 2,600.00 $ 1 2 5 ,5 1 5 .3 4
$ 268, 228.65

STATEMENT OF CURRENT EXPENDITURES F or Year Ended June 3 0, 1951

# EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL B usiness O ffice G eneral P re s id e n ts O ffice R e g istra r's O ffice TOTAL ADM. A GENERAL
STUDENT WELFARE D ean o f Women
PIANT OPERATIONS
LIBRARY
INSTRUCTION D ean 's O ffic e A rt B iology C hem istry Commerce E conom ics E d u catio n E n g in eerin g Drawing E nglish French H istory Home S eonom ics H um anities M athem atics M usic P h y sical Education P h y sic s P o litic a l Soienoe P sy c h o lo g y S o c io lo g y S p a n ish Teacher T raining Summer S c h o o l TOTAL INSTRUCTION
EXTENSION
TOTAL EDUC. A GENERAL EXPENDITURES
NON-EXPENSE T ransfer to P lan t Funds
TOTAL EDUC. A GENERAL DISBURSEMENTS

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 Equipm ent

$ 7 , 902. 62+ 7 , 0 .5 5 9 ,2 l4 l.i|6 5, 563.17
$ 20,167.02

$ ' 7,179.62 17 6 .0 0
8 ,2 8 1 .8 0 3,12+2.06 $ 1 6 ,7 7 9 . U8

$ 723.02
7,282+. 55 5 2 6 .7 2 2+2 1 . 1 1
$ ,9$5.it

$ 2+32.92+ $ 1+32.92+

$ 3,823.1+5 $ 3,823.2+5 # 2+2,2+50.31+ $ 2 0 ,2 8 2 .1 1 $ 1 9 ,2 8 9 .2 9 $ 8, 0 71. 82+ $ 5 , 508. 02+ $ 2,381.2+5

$2,878.92+ $ 182.35

t 3, 50 8.32 2, 355.02
3 , 1*8 3 ,13 5 , 058.77 7,198.2+6 1,100.02+ 5,22+5.2+9 1 ,0 6 0 .0 0 9,819.2+7 1 ,8 5 8 .0 5 3 ,8 8 0 .9 3 3 , 262+. 17 2+,6 9 5 .0 0 3,111.82+ 2,2+33.12 6 ,6 9 7 .5 3 2 ,2 9 7 .3 1 1 ,9 0 0 .0 8 1 ,3 5 5 .7 0 1 ,8 9 9 .9 6 1,800.00 6, 103.71 +,796.00 $ 82+,9'2'2".l^
$ 2,019.99
$169,2+55.52+

$ 2 , 699. 2+0 1 ,5 9 9 .0 6 3 ,2 6 1 .9 6 i+ ,8 0 3 .0 0 5,92+9.96 1,100.02+ i+,098.22 1 ,0 6 0 .0 0
8,62+2.53 1 ,8 0 0 .0 0 3 ,8 5 0 .0 2 2 ,7 3 6 .5 6 2+,695.00 3,077.02+
1 ,6 5 9 .2 a 5,2+52.52 1,592+. 92 1 ,9 0 0 .0 8 1 ,3 5 0 .8 0
1 , 899.96 1 ,8 0 0 .0 0 5,236.02+ +,796.00 $ 75,062.52

$ 808.92 755.96 221.17 255.77 371.55
1,12+7.27
62+7.11 58.05 30.91
527.61
32+. 80 773.71 1 ,0 0 0 .1 6 577.39
+.90
867.67
$ 8,082.^5

$ 620.00 $ 1,399.99

$12i+ ,075.60 $2+0, 109.08

V
$ 876.95 529.83
22+2+. 85 125.00
$ 1 ,7 7 6 .6 3 $ 5 ,2 7 0 .8 6

$ 6,800.00 $176,255.52+

219-

B . AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Adamson Borders Barracks Hamm B a rra c k s Log C abin M andeville M eIson R ogers Storm B arracks TOTAL DORMITORIES
FARM
SHOPS
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE T ransfer to G eneral Funds T ransfer to P lan t Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

T otal

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

it Wages

it Expense Equipment

# 11.204.15 * 7 1 . 570. 0a

# 3,811.52 # 7,602.63 # 1 5 . 625.75 # 53,606.824

# 2,337.242

5,650.92 l,i|1 2 .7 4 1.202.74 1 .6 9 5 .2 7 2,825.247 5 ,6 5 0 .9 2 1 .6 9 5 .2 7 7 .9 1 1 .2 8
* 28. 254.61
# 13,720.92
# 579.024
#125,559.73

# 2 ,2 5 5 .2 7 # 2,718.247 #

5 6 3 .8 2

679.62

563.82

6 7 9 .6 2

676.58

815.54

1,127.624

1.359.24

2 ,2 5 5 .2 7 676.58
3 ,1 5 7 .3 7 # 11,276.35

2,718.247
815.524 3 , 805.86 # 13 , 592.36 ' #

677.18 169.30 169. 30 203.15
338.59 677.18 203.15
9248.05

# 5 .3 1 8 .9 8 # 6,2824.59 2, 138.35

# 5 7 9 .04

# 36 , 032.60 # 81/,665. i 16 # 7 ,8 6 1 .6 7

# 9 , 831.00 9 , 500.00

#12424,890.73 #295,015.27

#160, 108.20 #121,7724.524

#13.132.53

STATEMENT OF1 CHANGES IN CASH BALANCES F or Year Ended June 30, 1951

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

B alance

R eceip ts D isbursem ents Balance

J u ly 1, 1950 For Year For Year June 30,1951

# 30, 2246.03 #155,l244.31 #176,255.524 245, 82424.61 125,515.324 144,890.73
#"'76^0'. W " #280,659.65 # 5 2 l,l|6 .2 7
# 3 , 287.00 # 61,3245.35 # 6 0 ,9 8 1 .1 5
# 2 , 600.00 # 16 , 300.00 # 8 ,5 5 7 .0 0
# 81,977.624 # 3 5 8 ,3 0 5 .0 0 #390,6824.242

# 9,1324.80 26, 2469.22
#55,6o4.2
# 3, 651.20
#10 , 3243.00
#249, 5 9 8 .2 2

220

BANK BALANCES
P eoples Bank (Revenue) P eoples Bank (Agency) P eoples Bank (A u x iliary ) W est Ga. N atio n al Bank(O perating) Cash on Hand

$ ,315.00 5 8 6 .7 1*
26, 636.87 15,735*37
2 ,3 2 4 .2 4
#49,598.22

STATEMENT OF AGENCY FUNDS F o r Year &nded June JO, 1951

Group In su ra n c e Student A o tiv itie s S tudent Bank R etirem ent C o llectio n s W ithholding Tax C o lle c tio n s A th letic A ssociation
TOTAL

B alan o e J u ly 1 , 1950

r

348.29

1,21*5-53

1 ,7 5 0 .9 6

- 57-78

R eceipts D isbursem ents Balance For Year For Year June JO^ 1951

% 3 ,2 7 7 * 1 6 T T ? . B B r* 3 T "1 -- 7 4 5 ^

5,649*73

5,717*98

1 , 177*28

33,130.87 32,557*59

2 ,3 2 4 .2 4

3 ,4 7 8 .7 1

3 ,4 7 8 .7 1

1 1 , 030.67

1 1 , 030.67

4 ,7 7 8 .2 1

5 ,3 1 0 .9 7

- 590.54

# 3,2 8 7 .0 0 # 61,345*35 # 60 ,9 8 1 .1 5 # 3,651*20

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June JO, 1951
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 B u ild in g s and A d d itio n s to B u ild in g s A uditorium Im provem ents O ther th a n B u ild in g s Tennis C ourts TOTAL DEDUCTIONS
BALANCE, END OF YEAR

. Funds For
P lant A dditions # 2,600.00
# 6,800.00 9,500*00
#16,300.06'
# 1,230.86 7,3 2 6 * 14-
# 8,557*00 #10,343*00

-221-

SUMMARY OF INVESTMENT IN PLANT For Y ear Ended June 30, 1951
VALUE OF PIANT, JULY 1 , 195 D
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 Funds and included in C urrent E xpenditures TOTAL ADDITIONS
VALUE OF PLANT, JULY 1 , 1 9 5 0 , PLUS ADDITIONS
DEDUCTIONS FOR YEAR* A rc h ite c t Plans W ritten O ff
INVESTMENT IN PLANT, JUNE 3 0 , 1951

753*553.20
8,557.00 5 , 270.86 7 , 861.67 21,689.53 775,2^2.73
2,600.00
772,61+2.73

STATEMENT OF INVESTMENT IN PLANT F or ^ e a r Ended June 30, 1951

Investm ent Year B eginning A oquired Of Year A d d itio n s D eductions

Investm ent End of Year

A . LAND Campus O ff Campus TOTAL LAND
B . BUILDINGS - CAMPUS Adamson H a ll A dm inistration B ookstore Borders Barracks D ining H all - A uditorium E n g in eerin g Drawing Gunn House Hamm B a rra c k s Log C abin D orm itory L ibrary M achine Shop M aintenance Shop M andeville H all Mens New D o rm ito ry (A rc h . F e e s ) MoGiboney (R ogers H a ll) Me I s on H a l l P l a n t S u p e r v is o r s Home P r e s i d e n t * s Home

1907 1907

$ l+,ooo.oo 23,500.00
# 27,50 0 .0 6

# i+,000.00 23,500.00
$ 27,500.00

1907 1907 19-1*2+
191+1+ 1937 19146 1907 19i|2+ 1932 1938 191+1+ 191+8
1935
19I46 1907 1907 1907

$ 1+5,322.05 5 8 ,9 9 5 .0 0 i+,1+66.00
5,928.1+7 73,81+3.1+2
6,000.00 5,275.0 0 5,928.1+8 3 ,10 0 .0 0 1+5,000.00 10 ,0 0 0 .0 0 1,2 0 0 .0 0 3l+,ooo.oo 2,600.00 2 ,0 5 8 .0 3
1+3,160.75 1,275.0 0 6,000.00

I 1,230.86 $2,600.00

$ 1+5,322.05 5 8 ,9 9 5 .0 0 i+,1+66.00 5,928.1+7 75,071+. 28 6,000.00 5 ,2 7 5 .0 0 5,928.1+8 3 ,10 0 .0 0 1+5,000.00 10,000.00 1,200.00 3l+,ooo.oo
2 ,0 5 8 .0 3
1+3,160.75 1,2 7 5 .0 0 6,000.00

222

investm ent Year Beginning A cquired Of Year A dditions D eductions

Investm ent End of Year

B . BUILDINGS - CAMPUS (C o n tin u e d ) R ecreation C enter R ural A rts Storm s B arracks Sand H ill Apartm ent T e n a n t H ouse No* 1 T e n a n t House No* 5 Woodshop W right B arracks T e n a n t H ouse No* 6 TOTAL CAMPUS BUIIDINGS

1947 1935 1945 1945 1944 1946 1944 1944 1938

$ 4,930.00 4 4 ,9 9 3 .0 0
4,490*56 5 ,3 8 2 .8 5
500.00 500.00 10 , 000.00 10, 673^76 1 , 051.00
$436,673.37

$ 1 *230*86 1 2 ,6 0 0 .0 0

$ 4 , 930.00 144, 993.00 4 , 490.56 5 ,3 8 2 .8 5 500.00 500.00 10 , 000.00 1 0 ,6 7 3 .7 6 1 , 051.00
$435,304.23

BUILDINGS - FARM C alf Barn Cow B a rn C rih D airy Barn Mule B arn & Sheds A d jo in in g T e n a n t H ouse No* 3 T e n a n t H0u s e No* 4 TOTAL FARM BUILDINGS

1907 1948 1907 1944 1907 1943 194+

$ 200.00 5 , 000.00 200.00 3 , 000.00 2, 000.00 1 , 264.20 500.00
'T,T64*"g

$ 200.00

5 , 000.00

200.00

3, 000.00

2 , 000.00

1 , 264.20

500.00

~

$ 12,164*26

C. IMPROVEMENTS OTHER THAN BUIIDINGS S tr e e ts and Walks L ig h tin g System H eating System W ater System A th le tio F ie ld s & Tennis C ourts TOTAL IMPROVEMENTS

$ 8, 390.00 8, 700.00
26, 500.00
2 6 ,2 7 4 .9 9 8, 000.00 $ 7 ,3 2 6 .1 4
$ 77.864^9 ~T 7I3&.14 ' ' `

$ 8, 390.00 8, 700.00
26, 500.00
2 6 ,2 7 4 .9 9 1 5 ,3 2 6 .1 4
.......... f 8371901

D* EQUIPMENT A dm inistrative O ffices P hysical P lan t L ibrary I n s tru c tio n a l D epartm ents O rganized R esearch E xtension D orm itories D ining H a ll Bo o k s to re Farm Shops TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

5. 079.36 1 3 ,6 0 9 .1 1 4 5 ,6 1 0 .7 0 3 8 ,0 6 8 .7 0 3 6 ,1 2 4 .6 9 1 9 ,8 0 2 .9 8
4 ,2 4 7 .3 4 1 2 ,0 7 6 .7 6 2 4 ,7 3 1 .0 0
$ 1 9 9 ,3 5 0 .6 4

$ 432.94 2 ,8 7 8 .9 4 182.35 1 ,7 7 6 .6 3 3 ,3 8 5 .9 0 2,337*^2
2 ,1 3 8 .3 5
I i 3. i 32.53 '

$ 5,512.30 16,488.05
4 5 ,7 9 3 .0 5 39,845.33 3 9 ,5 1 0 .5 9 2 2 ,1 4 0 .4 0
4 ,2 4 7 .3 4 1 4 ,2 1 5 .1 1 2 4 ,7 3 1 .0 0
$212, 483. i t

*753.553.20 $21,689.53 $2,600.00 $772,642.73

-223-


ti
MIDDLE GEORGIA COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , I 9 5I
M id d le G e o rg ia C ollege
C oohran, G eo rg ia
224

BALANCE SHEET Tune W W

ASSETS

CURRENT FUNDS
A . GENERAL Cash in Bank A ccounts R eceivable TOTAL GENERAL FUNDS

$ 1,21+3.146
I4.7u.78

$ 1 , 718. 21+

B . AUXILIARY Cash in Bank S tores (inventories) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 3,319.02 12, 823.00

$ 16, 11+2 .0 2

$ 17,860.26

I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS

$ 578.12 # 578.12

I I I . PLANT FUNDS EXPENDED Land and Improvements B uildings Im provem ents o th er th an B u ild in g s
Equipm ent

TOTAL PIANT FUNDS

TOTAL ASSETS

LIABILITIES

$ 18,1*00.00 565.550.00 25,1+50.00
257.14140.00

$866^81+0.00 $885,278.38

II . CURRENT FUNDS A . GENERAL A ccounts Payable U nearned Income
G eneral Surplus TOTAL GENERAL FUNDS

$ 1+60 .0 0 880.00 378.21+
$ 1,718. 21+

B . AUXILIARY Accounts Payable Unearned Income Reserve (in v en to ries) S u rp lu s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 390.00 320.00
12, 823.00 2, 609.02

16, 11+2 .0 2

$ 17, 860.26

I I AGENCY FUNDS Fund B alances
TOTAL AGENCY FUNDS

$ 578.12 $ 578.12'

I I I PIANT FUNDS Invested in P lan t
TOTAL PIANT FUNDS
TOTAL LIABILITIES AND SURPLUS

-226-

$866, 81+0 .0 0

$866,81+0.00 $885,278.38



STATEMENT OP CURRENT INCOME F o r Y ear *nded Ju n e 30, 1951

A , EDUCATIONAL AND GENERAL STUDENT FEES Non R e sid e n t T u itio n M atriculation Summer S e s s io n F ees O ther S tu d en t Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te o f Georgia
OTHER SOURCES Rents from Property
TOTAL EDUCATIONAL AND GENERAL INCOME
B . AUXILIARY ENTERPRISES BOOKSTORE
CAMPUS STORE
DORMITORIES Browning H a ll Peaoock H all Wiggs H a ll Ebenezer H all New H a l l ( S p e c i a l C e n te r ) V eterans A partm ents TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

G eneral Income

$ 4,884.00 22,793*00 2 ,3 3 4 .0 0 350,00
W 3 6 T R B

$74,500.00

2 ,1 6 0 .0 0

$107, 021.00

$ 8,465.00 #12,969.149

$ 6 , 9^ 0 .0 0 3,459*00 2,561.00 360.00 1 , 315.00 5,644*50
$0,279*50
$44,731*20

$ 86,1445*19 $193,466.19

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL C om ptroller's O ffice G eneral Expense P re sid e n t's O ffice R e g istra r's O ffice TOTAL ADM. ft GENERAL
FHYSICAL PLANT
LIBRARY

T otal

O bject G la ssific a tio n

O perating

S alaries

S u p p lie s

ft Wages

ft Expense Equipm ent

$ 5 , 150.00 4,199*67 7 , 400.00 6 , 150.00
# 22,899*67
$ 22, 110.05
$ 4,862.90
>226

5 , 150.00
159*40 7 , 400.00 6 , 145*00 18 , 85^ . 1+0

4 ,0 4 0 .2 7
5.00 4 ,0 4 5 .2 7

10, 656.90 1 1 ,0 3 6 .4 8

3-894-35

968.55

416.67

A. EDUCATIONAL AND GENERAL (C o n tin u e d ) INSTRUCTION E nglish H istoryLanguage s M usic S o c io lo g y Commerce P hysical Education B iology C hem istry E ngineering Home E conom ics M athem atics P h y sic s Summer S c h o o l TOTAL INSTRUCTION
TOTAL EDUC. & GENERAL EXPEND.
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Browning H a ll Peacock H all Wiggs H a ll Ehenezer H all Jackson H all New H a l l ( S o c i a l C e n te r ) V eterans A partm ents TOTAL DORMITORIES
DINING HALL
FARM
CAMPUS STORE
TOTAL AUXILIARY EXPENDITURES
TOTAL.CURRENT EXPENDITURES

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense Equipment

$ 6 , 500.00 l+,000.00 2 , 1+00.00 3 , 100.00 2 , 900.00 6 , 900.00 6 , 1+00.00 3 , 700.00 7 , 300.00 3 ,i+0 0 .00 3 , 000.00 3 , 300.00
3, 399.37 2, 1+50.00
1 "5 8 , 71+9 .3 7
103,621.99

6 , 500.00 l+,000.00 2 ,3 0 0 .0 0 3 , 000.00 2 , 900.00 6 , 1+00.00 6 , 380.00 3 , 1+00.00 6 ,8 0 0 .0 0 3, 300.00 3 , 000.00 3 , 300.00 3, 351.00 2, 1+50.00 5 7 ,0 8 1 .0 0

100.00 100.00
350.00 20.00
300.00 500.00 100.00
38.95
1 ,5 0 8 .9 5

90, 486.65 1 7 ,559.25

150.00
9 .U 2 1 5 9 .U 2 576.09

7 , 829.77

1,080.00 6,7U 9.77

i 7 , 132.21 3 , 1+96.0 0
2, 597.29 I4.3u .5 0
23.15 1 , 1+91+. 85 6 ,0 8 0 .2 2 2 1 ,2 5 8 .2 2

3 ,6 8 9 .3 0 2 ,3 5 3 .1 5 1 ,8 5 7 .0 0
80.00
1 ,1 7 1 .3 5 3 ,2 7 9 .0 5 12,1+30.35

2,156.1+1 906.10
6U5 .2 9 222.00
23.15 305.00 2 ,3 7 9 .3 6 6 ,6 3 7 .3 1

1 ,2 8 6 .5 0 236.75 9 5 .0 0 132.50
1 8 .0 0 U21.31 2 ,1 9 0 .0 6

$ 4^,798.63 11,1+15.70 3 2 ,7 6 9 .7 9

613.11+

$

2 .6 7

1 13, 691.88

2.67 2 ,5 9 7 .6 0 10 , 868.73

225.55

87,581.17 27,523.65 57,028.77 3,028.75 #196, 203.16 118,010.30 7l+,588.02 3,6d+.8l+

'227'

STATEMENT OP CHANGES IN CASH BALANCES For Year Ended June 30, 1951

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

Cash B alance R eceip ts D isbursem ents Cash Balance

Ju ly 1, I 95I For Year

For Year June 30, I 95I

* 2,8l+l+.i+5 1+,1*55*00 #7,299.1+5
1 1 ,3 6 9 .3 0
,#
#8,668.75

107, 021.00 86,141+5.19
l93,U 66.l9
ll+ ,9 8 8 .3 2
3 , 500.00
2 1 1,95U .51

108,621.99 8 7 ,5 8 1 .1 7
196, 203.16
1 5 ,7 7 9 .5 0
3 , 500.00
2 15 , 1482.66

1 , 21+3. 1+6 3 ,3 1 9 .0 2 " 1+,562.1+5
5 7 8 .1 2
5 , 11+0 .60

BANK BALANCES

S ta te Bank of C ochran, Cochran, G eorgia Revenue C o lle c tio n s Account E d u catio n al and G eneral Account A u x iliary E n terp rise Account Aeenov Funds Account

# 880.00
363*146
3*319*02
578*12

Alumni A sso c ia tio n S tu d en t Bank Key P o o l Student A c tiv itie s R eservations Room D e p o s its Grouo L ife In su ran ce
TOTAL

STATEMENT OF AGENCY FUNDS F or Year Ended June 30, 1951

B alance B eginning
Of Year

R eceipts For Year

$ 68.15 1+16.92
5.73 11.78 7 6 5 .OO 2I . 5O 80.22

61+.00
2,51+3.55 5I . 5O
7,5i*l+. 35 1 , 960.00 1 , 022.00 1 , 802.92

# 1 ,3 6 9 .3 0

ll+,988. 32

D isbursem ents fo r
Year
126.00 2,73U .62
57.06 7,1+81.02 2,5145.00 1 ,0 3 7 .5 0 1 ,7 9 8 .3 0
1 5 ,7 7 9 .5 0

B h lanoe End
Of Yea*
6 .1 5 225.85
.17 75.11 180.00
6.00 81+.81+
5 7 8 .1 2

228

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1951
BALANCE, BEGINNING OF YEAR ADDITIONS :
G overnm ental A p p ro p riatio n s S tate
DEDUCTIONS : Expended fo r P la n t A dditions Improvements o th er th a n B u ild in g s R eplacem ent o f Smoke S ta c k
BAIANCE, END OF YEAR

Funds For P lant
A dditions
-0-
$3,500.00
$3,500.00
-0-

SUMMARY OF INVESTMENT IN PLANT As o f Ju n e JO , 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING YEAR Expended from P la n t Funds
Expended from E d u catio n al and G eneral Funds and in clu ded in C u rren t E xpenditures
Expended from A u x ilia ry E n te rp rise s Funds and in clu d ed in C u rren t E xp en d itu res TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE J O , 1951
DEDUCTIONS DURING YEAR P ro p e rty Worn O ut or O th erw ise D isposed of* P la n t Funds E d u catio n al and G eneral Funds A u x ilia ry E n te rp rise s Funds TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 30, 1951

$866,820.00
$3,500.00
576.09
5 ,0 2 8 .7 5 $ 7,104.8^ $873,921+. 8l+
$3,500.00 221.09
5 ,3 6 3 .7 5
$ 7, 081+. 81+ $866, 81+0.00

-229

STATEMENT OF INVESTMENT IN PLANT F or Y ear Ended June 30, 1951

A. LAND Campus O ff Campus TOTAL LAND

Investm ent Year B eginning A cquired Of Year

Investm ent End
A dditions D eductions Of Year

1887 $ 13 , 200.00

1917

5 , 200.00

f 18 , 400.00

13 , 200.00 5 , 200.00 18 , 1400.

B . BUILDINGS W alker B u ild in g Sanford L ibrary New H a l l D o rm ito ry Browning D orm itory Peacock D orm itory Wiggs D orm itory Ebenezer D orm itory Jackson D orm itory P r e s i d e n t ' s Home Gymnasium F a c u lty Apartm ents Science B uilding V eterans H ousing Auto M echanics B u ild in g Stadium F ie ld House M isc . Campus B u ild in g s TOTAL BUILDINGS

1928
1938 1939 1936 1944 1922 1890 1928 1928 1928 1948 19i+8
I9 k 1 1949 1948 1928

$160, 000.00 48, 000.00 38, 000.00 60, 000.00 40, 500.00 3 7 *500.00 10 , 000.00 3, 500.00 6 , 500.00 7 , 500.00 36, 000.00 3 5 , 000.00 5 5 , 000.00 1 5 , 000.00 1 , 250.00 1 1 ,8 0 0 .0 0
$565,550.00

160, 000.00 48, 000.00 38, 000.00 60, 000.00
40, 500.00 3 7, 500.00 10, 000.00
3, 500.00 6 , 500.00 7 , 500.00 36, 000.00 35, 000.00 5 5 , 000.00 1 5 , 000.00 1 , 250.00 1 1 ,8 0 0 .0 0 565,550.00

C . IMPROVEMENTS H eating System W ater System L ig h tin g System TOTAL IMPROVEMENTS

$ 9 , 200.00 9 , 500.00 6 , 750.00
$ 25, 450.00

9 , 200.00 9 , 500.00 6 , 750.00 25, 450.00

D. EQUIPMENT A dm inistration O ffices P hysical P lant L ibrary In stru ctio n al D orm itories D ining H a ll Campus S to re TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 12 , 500.00 70, 295.00 24, 850.00 58, 820.00 5 0 ,4 9 0 .0 0 36, 510.00 3 ,9 5 5 .0 0
$257,420.00 '

4 5 .0 0 240.00 150.00
235.00 670.00

$866,820.00 670.00

8 0 .0 0
260.00 310.00 650. 0 650.00

12 , 420.00 70, 340.00 25, 090.00 58, 970.00 50, 230.00 36, 200.00
4 , 190.00 257, 440.00
866, 840.00

-230'

FINANCIAL REPORT FOR THE YEAR ENDING
JUNE 3 0 , 1951
South G eorgia C ollege D ouglas, G eorgia

BALANCE SHEET June 30, 1951

ASSETS

I . CURRENT FUNDS A . GENERAL Cash on Hand and in Bank A ccounts R eceivable TOTAL GENERAL FUNDS

$ 6,348.08 3 .3 1 4 .6 0

B . AUXILIARY Cash on Hand and in Bank A oooun's R eceiv ab le S to res (inventory) TOTAL AUXILIARY FUNDS

$ 18,159.43 695.16
2 ,7 8 8 .7 3

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash on Hand and in Bank

TOTAL AGENCY FUNDS

III.

PLANT FUNDS A . UNEXPENDED Cash in Bank

B . EXPENDED Land and Improvements B uildings E quipm ent TOTAL EXPENDED

$161,212.40 2 8 4 ,7 4 9 .5 0 125,128.12

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 9,662.68 $ 21,643.32 $ 3,897.97 $ 9,787.88 $5 7 1 , 090.02

$ 31,306.00 $ 3,897.97
$580,877.90 $616,081.87

232

BALANCE SHEET June 3 0 , 1951

LIABILITIES

I . CURRENT FUNDS A . GENERAL Accounts Payable Reserve for Student W elfare Surplus TOTAL GENERAL FUNDS

$ 626.69 l+,20i+. l l ,8 3 1 .8 8

B . AUXILIARY Reserve for Stores (Inventory)
Surplus TOTAL AUXILIARY FUNDS

$ 2,788.73 18,85U5>9

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund B a la n ces

TOTAL AGENCY FUNDS

I I I . PLANT FUNDS A. UNEXPENDED Fund B alan ce

B . EXPENDED Invested in Plant TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 9,662.68 $ 21,614-3.32 3.897.97
$ 9,787*88 5 7 1 ,0 9 0 .0 2

$ 31, 306.00 * 3,897.97
$580,877.90 $616,081.87

233'

STATEMENT OF CURRENT INCOME F o r Y ear Ended June 30, 1951

EDUCATIONAL AND GENERAL STUDENT FEES N on-Resident tu itio n M atriculation H ealth Fees Summer S c h o o l F ees L a b o ra to ry Fine A rts D iplom a TOTAL STUDENT FEES
PUBLIC APPRO. RIATIONS S ta te of G eorgia - R egular O perations
TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES BOOKSTORE
CO-OP
DORMITORIES D avis F raser Pow ell P ro c to r Tanner TOTAL DORMITORIES
DINING HALL
FARM
TIMBER CUTTING
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 6,670.98 29,l446.28 3,001^30 1 ,6 3 7 .2 1
1 ,3 2 0 .5 3 379.00
611.95 $ 10,070.25

$ 94,000.00

$137,070.25

$ 8, 819.83 $ 10 , 833.140

$ 5 , 031.92 3, 123.35 6 , 995.07 3, 069.91 2, 018.17
$ 20, 238.142
$ 69, 485.91
$ 4 , 050.12
$ 2, 318.00

$115,7*45.68 $252,815.93

234<

STATEMENT OF CURRENT EXPENDITURES Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL

ADMINISTRATIVE AND GENERAL

C om ptroller's O ffioe



G eneral Expense

P re sid e n t's O ffice

R e g is tra r's O ffice

TOTAL ADM. & GENERAL

T otal

O bject C lassifloa-bion

O perating

S alaries

S u p p lie s

& Wages

A Expense Equipment

# 7,530.35 10,223.27 8 ,7 4 6 .0 7
3 ,8 9 8 .5 0 | 30, 398.19

# 7 , 300.00 ' 110.30 8 ,4 5 0 .0 0 3 , 850.00
f 19,710.30

$ 230.35 10,112.97 296.07 4 8 .5 0
#10 , 687.89

STUDENT WELFARE Dean of S tu d en ts Student H o sp ital TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

# 4,090.15 1 ,0 9 4 .3 6
| 5,184.51
# 20,645-91
# 4,434.84

i 3, 733.75 # 9 1 9 .8 5
# 4,653.60 ~ f

238.82
174.51 413.33

$ 11,575.62 # 8,641.40

# 3 ,0 7 4 .3 5 # 465.70

# 117.58 # I I 7 . 5S # 428.89 # 894.79

INSTRUCTION Academio Dean Commerce E d u catio n Fine A rts Home E conom ics Languages M athem atics P hysical Education S c ie n c e S o cial Science Summer S c h o o l TOTAL INSTRUCTION
TOTAL EDUC. & GENERAL EXPEND.

$ 1 ,926.01 10, 378.63 3 ,7 4 6 .1 7 2 ,9 9 7 .6 2 2 ,8 0 8 .6 3 13,513.28 6 ,9 4 6 .1 7 10, 370.01 1 2 ,9 1 2 .6 0 13,002.83 g ,0 8 7 .6 8
T~B'o, 669.63
#141,353.08

$ 1,880.01
10,133.33 3, 700.00 2 ,8 0 0 .0 0 2 ,7 7 4 .5 0
13 , 300.00 6 , 900.00 9 ,8 5 0 .0 0
1 1 ,4 7 7 .7 5 12 , 900.00
2 ,0 8 7 .6 8 $ 77,803.27
# 1 1 6 ,8 1 7 .1 4

$ 46.00 245.30
1 9 7 .6 2 2 9 .13
213.28
520.01 1 , 141.39
102.83

# 46.17 5 .0 0
46.17 293-46

# 2, 495.56 " i 390.55 7
#22, 703.88 # 1,832.06

B. AUXILIARY ENTERPRISES BOOKSTORE
CO-OP

# 6,460.42 $ 9,959.21

# 480.00 # 1 , 109.50

# 5,980.42 # 8,149.71

# 700.00

DORMITORIES D avis H a ll F raser H all Pow ell H all Proctor H all Tanner H all R e h a b i l i t a t i on TOTAL DORMITORIES

# 4,861.77 3 ,5 6 2 .5 8
4 ,3 6 0 .3 5 2, 717.68 1 ,6 6 4 .0 1
2.228.35 1 19.394.74

# 3, 013.55 2, 552.62
1 ,9 4 8 .2 7 1 ,5 5 9 .0 4
837.72 788.67
# 10,699.87

$ 1,822.99 1 , 000.15 2 ,4 1 2 .0 8
1 ,1 5 8 .6 4 826.29
1 .2 3 9 .6 8
# 8,459*83

# 25.23 9 .8 1
200.00

.255

AUXILIARY (C o n tin u e d ) DINING HALL
FARM
TIMBER CUTTING
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE T ransfer to P lan t Funds T ra n sfe r from Co-op to Student A c tiv itie s TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

T otal
$ 67,393.09 $ 3,507.01 $ 1,118.65 $107,833.12
$ 18,610.00 1,785.06
$ T B ,t5 0 H
$21+9,186.20

Object C la ssific a tio n

O perating

S alaries

S u p p lie s

St Wages

St Expense

E quipm ent

$ 10, 065.05 $ 23+.55 $ 1,118.65 $ 23.707.62

$ 56,1+38.78 $ 3 , 272. 1+6

$ 889.26

$ 8 2 ,3 0 1 .2 0 1.821+.30

$ll+0,52l+.76 $105,005.08 $3,656.36

STATEMENT OF CHANGES IN CASH BALANCES For Year ^nded June 30, 1951

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS A irport Room R e s e r v a tio n Fee Student A c tiv ity Student D eposits TOTAL AGENCY FUNDS
TOTAL

Cash Balance R eceip ts D isbursem ents Cash Balance

J u ly 1, 1950 For Year

For Y ear June 30, 1951

$ 10,630.91 30,61+1.93
$ 1+1,272.81+
$ ll+,000.00

$137,070.25 115,7U 5.68
$252, 815.93
$ 23, 1+10 .0 0

$11+1,353.08 $ 6,31+8.08 1 2 8 ,2 2 8 .1 8 lf e ,159.1+3
$ 2 6 9 ,5 8 1 .2 6 $2i+,50 7 .^1
$ 27,622.12 $ 9,787.88

$

3 5 7 .7 1 $ 5 , 009.00 $ l+ ,9 3 2 .53 $ 1+31+.18

1 ,6 6 0 .0 0

2 ,6 0 0 .0 0

2,080.00 2,180.00

1 ,1 9 9 .9 1 11+0.5+

2 0 ,2 0 2 .6 9 3 ,8 ll+ .2 6

2 0 ,3 1 9 .1 3 3,75l+ . 1+8

1,083.1+7 200.32

F T W r - $ 3T;6'2'5T9T` $ 31,086.11+ $ 3 ,8 9 7 .9 7

$ 58, 631.00 $307,851.88 $328,289.52 $38,193.36

BANK BALANCES
C offee County Bank Farmers Bank Cam ptroiler*s O ffice

$ 6,782.26 31,210.78
200.32
$38,193.36

*

>236a

1

STATEMENT OP AGENCY FUNDS For Year Ended June 30, 1951

ATHLETICS B aseball B asketball B a sk e tb a ll Tournament F ootball TOTAL ATHLETICS
STUDENT ACTIVITIES Annual Awards Cheer Leaders Conoert S eries C o n trib u tio n s to Sw eater Fund D ram atios Club F o o tb a ll Programs F u tu re T eachers o f Am erica South G eorgian Student C ouncil S tu n t N ight T eacher Flow er Fund TOTAL STUDENT ACTIVITIES
OTHER AGENCY FUNDS A irport Room R e s e r v a tio n Student Fees Student D eposits V ending M achines Work S c h o la rsh ip s TOTAL OTHER AGENCY FUNDS
TOTAL AGENCY FUNDS

Cash B alance R eceipts D isbursem ents Cash B alance

J u ly 1, 1950 For Year

For Year June 30, 1951

$

17.50

623.25 1 ,6 6 8 .8i+

5 ,0 6 2 .8 0

$ 7,372.39

$ 8I 9. I 8 2 ,6 6 2 .6 6
823.70 7 ,4 3 3 .6 2 $ 11,739.16

$ -801.68
-2 ,0 3 9 .4 1 845.14
- 2, 370.82
$ -4 , $66.77

$ 572.50
U.5 0 86.00 154.20
59.67
597.30 3,1+95.80
61+.93 28.00 $ ' 5,062.90'

3 ,7 1 6 .5 5 $-3,l44*P 5

143.23 84.60

-1 4 3 .2 3 -8 0 .1 0

86.25 281.85

-.2 5 - 127.65

7 .9 0

- 7.90

21.00 15.00

3 8 .6 7 - 15.00

732.40

- 135.10

2 ,7 8 8 .2 2

707.58

2 0 .8 2

1j4 . 1 1

11.0 5

16.95

I 7,900.87 $-2,845.97

$ 357.71 1 ,6 6 0 .0 0 1 ,1 9 9 .9 1 140.54
$ 3 ,3 5 8 .6
3.358.16

$ 5 , 009.00 2, 600.00 5 ,3 4 0 .5 0 3, 814.26 220.40 2, 206.50
$ 19, 190.66
* 31,625.95

1 4,932.53 2 ,0 8 0 .0 0
3 ,7 5 4 .4 8 1 5 .1 0
656.00 $ 11,438.11

$ 434.18 2 ,1 8 0 .0 0
6 , 540.41 200.32 205.30
1 . 550.50 $1 1 , 110 .71

$ 31,086.14 $ 3,897.97

257'

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1951

Funds fo r P lant
A dditions

BALANCE, BEGINNING OF YEAR

$ll*,000.00

ADDITIONS* G overnm ental - U n iv e rsity System B u ild in g A u th o rity , Reim bursem ent fo r A rc h ite c t Fees
T ran sfer from A u x ilia ry Funds TOTAL ADDITIONS

1*,800.00 18,610.00
$2 3, 1*10 . Q'

DEDUCTIONS t Expended fo r P lan t A dditions B u ild in g s and A d d itio n s to B u ild in g s
L ibrary P eterson H all D ining H all D avis H a ll Improvem ents o th e r th an B u ild in g s C en tral H eating P lant
E quipm ent F raser H all Pow ell H a ll Prootor H all Tanner H all D ining H all
TOTAL EXPENDED FOR PLANT ADDITIONS

$ 1, 866.66
7,121*. 1*7 2 ,1 8 7 .9 5
3 7 .2 2
2,812.1*0
1 ,0 1 ^ .6 7 1 , 59!*. 1 1
683.09 1*39.30 5.03225

O ther D eductions Repayment o f Funds Advanced by F e d e ra l Government TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$ 1*,800.00
$27,622. li?
$ 9,787.88

SUMMARY OF INVESTMENT IN PLANT As o f June JO, 1951
VALUE OF PLANT, JULY 1 , 1950

$51*1*,6 11.54

ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Funds and Inoluded in C urrent Expenditures Expended from A u x ilia ry Funds and In c lu d e d in C urrent Expenditures TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS - JULY 1 , 195^

122,822.12 1, 832.06 1,82U.3Q

$ 26,1*78. 1*8 $571,090.02

DEDUCTIONS FOR YEAR
VALUE OF PLANT, JUNE 30, 1951

-0-
$571,090.02

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

A. LAND Campus O ff Campus TOTAL IAND
B. BUILDINGS Peterson H all A uditorium D avis H a ll F raser H all Pow ell H all Prootor H all Tanner H all D ining H all Shop Gymnasium M iscellaneous L ibrary B uilding Science B uilding TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS S tr e e ts and Sidew alks L ig h tin g System H eatin g System M arble M em orial F o u n tain Swimming P o o l TOTAL IMPROVEMENTS
D. EQUIPMENT A dm inistrative O ffices P lan t O perations L ibrary In stru ctio n D orm itories D ining H a ll Gymnasium Farm Co-op TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

Investm ent Year Beginning A cquired Of Year

A dditions

1907

$ 16 , 000.00 3 7 ,5 0 0 .0 0
$ $3 , 500.00

Investm ent End o f Year
$ 16 , 000.00 37, 500.00

1907 1936 1907 1929 1907 1929 1929 1927 1933 1936
1939 19146

$ 32, 000.00 13 , 500.00 35,819.30 lit., 000.00 35, 000.00 ill., 000.00 12 , 000.00 26, 813.90 1 , 500.00 1 8 ,0 0 0 .0 0 1 7 , 900.00 35, 000.00 18,000.00
$273,533.20

$ 7,l2l+ .ltf 37.22
2 ,1 8 7 .9 5
1 , 866.66 $1 1 , 216.30

$ 3 9 ,121+.1+7 13 , 500.00 35, 856.52 111-, 000.90 3 5 , 000.00 ii+ ,000.00 12 , 000.00
29, 001.85 1 , 500.00
1 8 ,0 0 0 .0 0 1 7 , 900.00 36, 866.66 1 8 ,0 0 0 .0 0
$28U ,7 U 9 .5 0

$ 2, 000.00 1 , 600.00
9 7, 500.00 1 , 000.00 2 ,8 0 0 .0 0
llU^OO.OO

$ 2, 8 12 . 14.0 $ ,81.i+o

$ 2, 000.00 1 , 600.00
100, 3 12 . 1+0 1 , 000.00
2 ,8 0 0 .0 0 $10 7,? l .l+

$ 1+,9 0 8 .9 9 $ 1 1 7 .5 8 1 5 ,0 2 6 .5 7

7 ,9 7 7 .8 3

1+28.89

8,14.06.72

2 0 ,3 6 l.i+ 3

891+.79 2 1 , 256 .2 2

39,208.1+8

390.80 39,599.28

16,199.58 3,996.21 20,195.79

1 1 , 870.51

5 ,9 2 1 .5 1

1 7 ,7 9 2 .0 2

8 ,7 3 5 .2 0

8 ,7 3 5 .2 0

1 , 177.00

1 , 177.00

2 ,2 3 9 .3 2

700.00

2 ,9 3 9 .3 2

$ 1 1 2 , 678. 31+ " m w r r r "$TS$';i'58`.1 2

$514+,611.51+ $26, 1+78. 1+8 $5 7 1 , 090.02

259'

ABRAHAM BALDWIN A G R I C U L T U R A L COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE JO , I 9 5 I
> Abraham Baldwin A g r ic u ltu r a l C ollege T ifto n , G eorgia
241-

BALANCE SHEET June 30 1951

ASSETS
CURRENT FUNDS A . GENERAL Cash in Bank Aooounts R eceivable TOTAL GENERAL FUNDS
B . AUXILIARY Cash in Bank Im prest Cash A ooounts R eceivable In v e n to rie s TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
I I I . LOAN FUNDS Cash in Bank Notes R eceivable
TOTAL LOAN FUNDS
IV . PLANT FUNDS A. UNEXPENDED Cash in Bank
B . EXPENDED Land B uildings Improvements o th e r th an B u ild in g s Equipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

# 1 .IU .2 2 1*02.00

# 1 , 51+3 .2 2

* 7 , 251.140 680.00
9 k . Q5 1 0 .5 7 6 .9 3

# 18,603.18

I 20,ll46.l40

161.39 # 161.39

# 1,560.81 1 ,2 9 9 .5 0

# 2, 860.31

# 9 .7 0 0 .7 k

# 12, 660.00 5 0 5 ,6 3 5 .5 2
1 0 6 ,0 6 7 .5 1 212,122.15

#836,1485.18

#8146,185.92 #869,351+. 02

BALANCE SHEET June 3 0 , 1951

LIABILITIES

I . CURRENT FUNpS A. GENERAL Purchase Orders O utstanding Unearned Inoome
General Surplus TOTAL GENERAL FUNDS

650.39 8 5 U .5 0 3 8 .3 3

B . AUXILIARY Purchase Orders Outstanding In ventories Reserve R e s e r v a tio n and Breakage R eserve Unearned Income Surplus TOTAL AUXILIARY FUNDS

330.85
1 0 ,5 7 6 .9 3 9 4 3 .5 0
2, 683.65
4 , 068.25

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund B alan ce

TOTAL AGENCY FUNDS

I I I . LOAN FUNDS Fund B alance

TOTAL LOAN FUNDS

IV . PLANT FUNDS A . UNEXPENDED Fund B a la n ce

B . EXPENDED Invested in Plant

TOTAL PLANT FUNDS

TOTAL PLANT FUNDS

1,543.22
* 18, 603.18
161.59 2, 860.31 9,700.74
8 5 6 ,4 8 5 .1 8

20,146.40 161.39 2, 860.31
8 4 6 ,1 8 5 .9 2 869,354.02

-243-

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951

. EDUCATIONAL AND GENERAL STUDENT FEES Non R e s id e n t T u itio n M atriculation Sumner S chool O ther Fees C lin ic a l Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS S ta te of G eorgia R egular O perations V ocational Funds TOTAL PUBLIC APPROPRIATIONS

G eneral I no on

R estricted Income

T otal Income

* 5.U05-0S 3 0 .0 7U .8 0 6 ,1 0 3 .2 6 6 3 9 .o k 1 ,3 1 * 2 .2 0
4 U 3 .~ 5 6 5 .i2

5 .U 0 5 .0 2 3 0 ,0 7U .8 0
6 ,1 0 3 .2 6
6 3 9 .8U 1 ,3 1 * 2 .2 0 ...1*3.$ 65712

4 9 5 ,0 0 0 .0 0 4 95,000.00

U ,387.86 U ,387.3 6

9 5 ,0 0 0 .0 a U ,387.86
9 9 .3 8 7 .8 6

SALES AND SERVICES Farm P oultry P rocessing P lan t Animal P ro d u ctio n TOTAL SALES AND SERVICES
OTHER SOURCES S a le o f P u lp Wood R ents from P ro p erty M iscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

4 U, 1*1*2.68 5 ,9 0 7 .8 8
16,2U 1.08 3 ,6 2 9 .11
4 3 0 ,2 2 0 .7 3 '"

U ,1*1*2.68 5 ,9 0 7 .8 8 16 ,2 U 1.0 8
3 ,6 2 9 .1 1 30 ,.75

4 33 5.11 1 ,0 6 0 .0 0 55.28
4 '1
4 1 7 0 ,2 3 6 .2 6

U, 38 786

3 3 5 .1 1 1,0 6 0 .0 0
55.28 i,U 5<5.^
17 U .6 2 U .12

B. AUXILIARY INCOME BOOKSTORE
DINING HALL

4 1 7 .u 1 3 .9 1 4 8 U .3 2 7 .7 3

i7 .U i3 .9 i 8U ,3 2 7 .7 3

DORMITORIES Lewis H a ll H erring H all W eltner H all L a k e sid e N orthside TOTAL DORMITORIES
VETERAN APARTMENTS
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

4 u , 253.00 5 .8 6 1.3 U 7,12 1.79 1,6 5 6 .0 0 U 50.O O
4 1 9 .3 U 2 .1 3

4 3 , 8 6 1 . 7U

4 12 U .9 U 5 .5 1 4 2 9 5 .1 8 1 .7 7

U ,387.86

U ,2 5 3 .0 0 5 .8 6 1.3 U 7 ,12 1.7 9 1 ,6 5 6 .0 0
U50.OO 1 9 . 3U2 . 1 '}
3 ,8 6 l.7 U
12U.9U 5.5l
299,569.63

244'

STATEMENT OF CURRENT EXPENDITURES F o r Y ear **nded Ju n e 3 0 , 1951

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE St GENERAL B usiness O ffice G eneral P re s id e n ts O ffice R e g is tr a r s O ffice TOTAL ADMIN. St GENERAL
STUDENT WELFARE Dean o f Men D ean o f Women H ealth Service TOTAL STUDENT WELFARE

Fund C la s s ific a tio n General R estricted

O bject C la s s ific a tio n

O perating

S a la rie s Supplies

St Wages

St Expense Equipm ent

# 9,126.00 5*079.142 7 , 170.00 2 ,9 8 0 .0 0
4 214, 35^ . 1+2
$ 300.00 2, 1415.00 1 *5 1^ .5 0
$ 14, 259.50

9 , 126.00 I4II+.26
7 , 170.00 2 ,9 8 0 .0 0 ,, 19 , 690.26

3, 631+. 38 1 , 030.78 i,6 jlt.3 6 1 , 630.78

300.00 2 , 1+15 .0 0 . 1 , 130.00 3 , 81+5 .0 0

1+11+.50 1+11+.50

PHYSICAL PLANT LIBRARY

$ 3 3 *3 13 . 1+7 $ 6, 381.36

1 3 , 008. 1+7 1+.950.19

19 , 788.69 5 18 .2 5

516.31 9 1 2 .9 2

INSTRUCTION D eanS O ffice A griculture A rts Home Econom ics P h y sical Education S c ie n c e Summer S c h o o l TOTAL INSTRUCTION

$ 14, 17 5.0 0 20, 1114.140 1 1 , 0014.88
7 ,7 9 9 .2 9 6 , 1426. 14.1 10, 785.80
5 , 70 7. 1+3 $ 66, 013.21

i+, 17 5 .0 0
19,1+79.31+ 10, 558.05
6,1+89.76 5 , 082.50 9 ,5 6 5 .0 6
5,707.1+3 61,057.11+

635.06 U+6.83 1 ,1 5 0 .5 9
1,31+3.91 367.01+

158.91+ ,853.70

3 , 91+3. 1+3 1,012.61+

ORGANIZED ACTIVITIES Animal P ro d u ctio n Farm P oultry Processing P lan t TOTAL ORGANIZED ACT.

$ 5,538.31 6,1+57.27 7 ,9 3 9 .5 5
114, 207.90
* 34, 11+3.03

3 0 1. 1+0
3 ,8 5 7 .3 9 1,383.1+2 1 , 005.87 6,51+8.08

5 ,2 3 6 .9 1 2 ,5 9 9 .8 8
6 ,5 5 6 .1 3 1 3 , 202.03
27.591+.95

EXTENSION S h o rt Courses V ocational E ducation TOTAL EXTENSION
TOTAL EDUCA. St GEN. EXP.

$ 5,397.09 l+,387.86
i 5 , '39?'.09' 14,387.86

3 ,2 5 7 .9 2 3 , 257.92

$173,863.08 i+,387.86 112,357.06

2 ,1 3 9 .1 7 i+,387.86 6 , 527.03
62,1+21.23 3,1+72.65

NON EXPENSE T ransfer P lan t Funds TOTAL EDUCA. S t GEN. DISB.

$ 335.11 $1714,198.1$

B. AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL

* 17 , 123.56 $ 8 1 , 0/41. 1+8

1 . 396.31 ll+, 1+27.90

H+,3 2 5 .5 1 1,1+01.71+ 65,832.1+5 781.1 3

245

B. AUXILIARY ENTERPRISES (Ctont'd ) DORMITORIES Lewis H a ll H erring H all W eltner H all L a k e sid e N orthside TOTAL DORMITORIES
VETERAN. HOUSING
RENOVATIONS
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 G eneral R e stric te d

ftbjec'b C la s s if ic a tio n O perating
S a la rie s Supplies & Wages & Expense Equipm ent

# i+,659.17 5 , 781.22 7 ,1 0 6 .5 8 2 ,0 2 3 .6 5 808.85
$ 20,379.47
3,897.91
# 54.82
1122,983.2 k

1 ,'2 9 9 .9 2 1 ,0 8 5 .9 0 2,39l+.96
971.33 277.32 " 6. 29.43
1*5 2 .5 9
2 2 ,3 0 6 .2 3

3 ,1 1 8 .7 0 14,063.78 I4. 260. 8l4 1 . 04.22
500.09
i s , 957.65

240.55 6 3 1. 54 1450.78
3 8 .10
31.1414 1 , 392.141

3 , 302. 31* H42.98

5140.82

9 6 . i 417.93 14. 259.08

# 5,600.00 $12,F8"3.`2U
1296,8146.32 14,387.86 13U ,663.29 158, 839.16 7 , 73 1.73

STATEMENT OF TRUST FUND BALANCES F o r Y ear Ended Ju n e 30 1951
BALANCE OF PRINCIPAL, BEGINNING OF YEAR ADDITIONS*
G ifts from P riv a te Sources I n t e r e s t on N otes R eceiv ab le BALANCE OF PRINCIPAL, END OF YEAR

Loan Funds
12,156.83
700.00 3.1#
12,860.31

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1951

LOAN FUNDS Ruth F . W right H arry F . K ulbersh S u s ie T . Moore F errell Jo lly

Fund

Fund

B alan ce

B alan ce

B eginning

End Of

Of Year A d d itio n s D eductions Year

# 531.83 625.00
1 ,0 0 0 .0 0

2.146 200.00
1 .0 2 500.00

534.29 825.00
1 ,0 0 1 .0 2 500.00

TOTAL TRUST FUNDS

# 2 ,1 5 6 .8 3 703.148

2 ,8 6 0 .3 1

246

Student A c tiv itie s Tabao Coca C ola M achines
TOTAL

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1951
Cash B alance R eceipts D isbursem ents Cash Balance J u ly 1, 1950 For Year For Year June 30, 1951

#152.35 27*93 5*77
#186.05

U ,107.27 3, 010.07 3 ,0 3 0 .2 3
10,1147.57

I4.H 47. I 8 3,0114.61 3,010.1414
1 0 ,1 7 2 .2 3

H 2.I 4I4 23*39 25*56
161.39

STATEMENT OF CHANGES IN 1CASH BALANCES F or Year Ended June 30, 1951

CURRENT FUNDS G eneral A uxiliary R estricted TOTAL CURRENT FUNDS

Cash B alance R eceipts D isbursem ents Cash Balance J u ly 1 , 1950 F or Year For Year June 30, 1951

# 5,103.15 11,569.13
#16,672.28

170,236.26
1214,9145.51 14,387.86
2^9,569.63

1714,198.19 128,583.214
4, 387* 86 307,169.29

1 , 1141.22 7,931*1+0
9 ,0 7 2 .6 2

AGENCY FUNDS

# 186.05

10,1147.57

1 0 ,1 7 2 .2 3

I6I .39

LOAN FUNDS

# 788.148

1,318.83

5146.50

1 ,5 6 0 .8 1

PLANT FUNDS

#1 2 , 1421.00

23. 095. l l

25,815*37

9 , 700.74

TOTAL

# 3 0 ,0 6 7 .8 1 33l4. i 3i . l l 4 31+3,703.39

20.U 9 5 .5 6

BANK BALANCE

The Farm ers Bank o f Ti f to n

#20, 1495*56

SUMMARY OF INVESTMENT IN PLANT As of June JO , 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING YEAR Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Funds and in clu d ed in C u rren t E xpenditures Expended from A u x ilia ry Funds and Included in C urrent E xpenditures
INVESTMENT IN PLANT, JUNE 3 0 , 1951

#806, 509.08

#22,2l4l+.37 3,1+72.65 14,259*08

2 9 ,9 7 6 .1 0 #856, 1485.18

- 247-

STATEMENT OF UNEXPENDED PLANT FUNDS F o r Y ear Ended June 30 1951
BALANCE, BEGINNING OF YEAR
ADDITIONS: A p p ro p riatio n - S ta te of G eorgia 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 d d itio n s: Land B u ild in g s and A d d itio n s to B u ild in g s T ift H all P o u ltry Houj e H erring H all P o ta to House N orthside D orm itory Old R e c re a tio n H a ll (L akeside) Improvements O ther th an B u ild in g s Pond H eating System E quipm ent A uditorium Science D epartm ent D ining H a ll Lewis H a ll Farm Equipment O ther D eductions: A rch itect Fees Expenditures not C ap italized TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For P la n t
A dditions
1 2 , 1421.00
17, 160.00
335.11 5 , 600.00 2 3 ,0 9 5 .1 1
2,660.00
683. 8? 2 ,0 8 6 .7 k 2,501.26
56U.7U 1,000.00
559.86
288.28 14., 529* 1 2
2.8214.. 70 673.81
1 ,5 9 3 .5 0 l j 188.1+9 1,090.00
1,750.00 1 ,8 2 1 .0 0 2 5 ,6 1 5 .3 7
9,700.71+

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

LAND Campus and F a m

Investm ent Year B eginning A cquired Of Year

A dditions

Investm ent End
Of Year

1907 10,000.00

2 ,6 6 0 .0 0

12 , 660.00

BUILDINGS V e te ra n s A p a rtm e n ts (1+) L ibrary T i f t H a ll (Adm.) A uditorium -G ym nasium D ining H a ll W eltner H a ll H erring H all Lewis H a ll

I 9I48 1938 1907 1938 1938 1936 1907
1907 -248-

$ 6.0, 000.00 10,000.00 59, 969.26 6 7 , 2 2 1. 01+
3 1 , 71+3 .8 5 50, 265.00 60, 000.00
1+1 , 896.00

683.87 2, 501.26

1*0,000.00 10,000.00
60, 653.11 67, 221.06 3 1 , 71+3.8 5 50, 265.00 1+2, 5 0 1.2 6
1+1 , 896.00

8 BUILDINGS (C o n tin u e d ) N orthside Horae E conom ics P r e s i d e n t 's Home Shop Number One Shop Number Two A griculture Old R e c re a tio n H a ll (L akeside) Processing P lan t S to ra g e Log C ab in P o u ltry Houses
B arn T e n a n t Number One T e n a n t Number Two P o ta to House
TOTAL BUILDINGS

C. OTHER IMPROVEMENTS H eating System W ater System E le o tr ic a l System Sewage D isp o sa l Campus B e l l System Fences Pond TOTAL IMPROVEMENTS

D. EQUIPMENT

T ift H all

A dm inistrative

Classroom s

Science Labs

Log C abin

A

L ibrary

A uditorium -G ym nasium

D ining H a ll

W eltner H a ll

H erring H all

Lewis H a ll

F u rn ish in g s

Hone Management

Home E conom ics B u ild in g

V eteran A partm ents

N orths ide

Shop B u ild in g Number One

Shop B u ild in g Number Two

A g ricu ltu re B uilding

Old R e c re a tio n H a ll (L ak esid e)

Processing P lant

Storage B uilding

P o u ltry Houses

B arn

Farm and Campus

Autom otive (T rucks, B uses, e tc * )

TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

Investm ent Year B eginning A oquired Of Year

A dditions

Investm ent End
Of Year

19J4 19l4l 1915 1935 I 9U3 191*0
19U7 191*2 191*0
1937
191*1 19I4I 19I+O
191*3 1950

$ 10,187*50 1 5 , 000.00 11,1*21*. 21 6 ,0 0 0 .0 0 3 , 000.00 32,126.65 22, 500.00 1+0, 000.00 500.00 l+,325.56 10 , 1480.00 1 , 000.00 300.00 300.00
$14.96 , 239.05

1 ,0 0 0 .0 0
559.86 2,086.71+
56I+.7I+ 7,396.1+7

1 1 ,1 8 7 .5 0 15,000.00 11,1+21+. 21
6 ,0 0 0 .0 0 3 , 000.00
3 2 ,1 2 6 .6 5 2 3 ,0 5 9 .8 6 1+0 , 000.00
500.00
1*,325.56 12,566.71*
1 , 000.00 300,00 300.00
561+.71* 5 0 5 ,6 3 5 .5 5

191*8 19i*9 191*9 191*8
191*9 191*9 1950

$ 81,256.31+ U.881+.36 2,01+3.50 1 2 ,6 9 0 .9 1 275.00 100.00
$101, 250.11

1*,529.12
288.28 +,817.1+6

85,785.1*6 1+.881+.36 2,01+3.50 1 2 ,6 9 0 .9 1
275.00 100.00 288.28
106,067.51

2 4 9 "

$ 5,879.25 859.00
7 ,1 7 6 .0 7 1 ,5 7 5 .0 0
33,71*1.31+ 2 6 ,3 0 7 .9 6 1 ? , 7l*l+. 35
5 ,8 5 2 .0 0 i+,391.00
3 ,6 0 2 .0 0 2 ,2 8 1 .8 1 6, 050.51 6 ,0 0 0 .0 0 1 ,3 7 8 .2 5 22,065.85 1 1 , 233.00 7 ,2 9 3 .3 0 2 , 91*7.0 0 7 ,9 7 6 .2 5 3,71+9.00 1 ,3 2 8 .0 0 1 ,2 5 3 .9 8 1 ,6 3 5 .0 0 ll+ ,700.00 $197, 019.92
$806, 509.08

1 , 030.78
1 , 527.51 1 , 91*2 .5 6
9 12 .9 2 2,82l+. 70 2,l+2l+.63
1+77.01+ 631.51* 1 , 1+29. 01+
158.91* 11*2.98
3 1 . 1*1+ 31+2.35
3 8 .1 0
1 ,1 8 7 .7 0
1 5 , 102.23
2 9 ,9 7 6 .1 0

6 ,9 1 0 .0 3 859.00
8, 703.58 3 ,5 1 7 .5 6 3l*,65i*.26 2 9 ,1 3 2 .6 6 2 0 ,1 6 8 .9 8 6,329.01+ 5,022.51*
5,031.01+ 2 ,2 8 1 .8 1 6,209.1*5 6,11+2.98 1,1+09.69 22,1+08.20 1 1 , 233*00 7 ,2 9 3 .3 0 2 ,9 8 5 .1 0 7 ,9 7 6 .2 5 3,71+9.00 1 ,3 2 8 .0 0 1 ,2 5 3 .9 8 2 ,8 2 2 .7 0 li+ ,7 0 0 .0 0 212,'1'.TF
8,36, 1+8 5 .18

ALBANY STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , I 9 5I
Albany S ta te C ollege A lbany, G eorgia
251-

BALANCE SHEET June 30, 1951

I . CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Aooounts R eceiv ab le TOTAL GENERAL FUNDS

B . AUXILIARY Cash in Bank A ccounts R eceivable S tores TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash in Bank

III.

LOAN FUNDS Cash in Bank S tu d en t Notes R eceivable Due from O ther Funds

TOTAL LOAN FUNDS

IV . PLANT FUNDS A . UNEXPENDED Cash in Bank

B. EXPENDED Land B uildings E quipm ent TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

ASSETS

$ 22, 603.38
1 3 ,5 1 + 1 .2 2

$ 36,114+. 60

$ 888.32
9 ,7 7 3 .3 1 6 ,9 8 9 .8 5

$ 17,651.148

$ 53,796.08

$ 7 0 5 .3l+

$ 6,71+1.56
865.70 1, 000.00

$ 8 ^607.26

$ 528.65

$ 2 2 , 1+0 0 .0 0 1+3 5 , 1+3 0 .0 0
2 2 0 ,!+8i+. 1+0

678, 511+. 1+0

$678,81+3.05

$71+1,951.73

BALANCE SHEET June 30, 1951

CURRENT FUNDS A . GENERAL A ccounts Payable Purchase O rders O utstanding R eserve f o r U nearned Inooaae S u rp lu s TOTAL GENERAL FUNDS
B . AUXILIARY A ccounts Payable Purchase O rders O utstanding R eserve f o r 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 alance
I I I . LOAN FUNDS Fund B alance
IV . PLANT FUNDS A. UNEXPENDED Fund B alance
B . EXPENDED Invested in P lan t
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

L iab ilities

$ 23I+.OO
1 .9 6 7 .5 5 1 2 , 13 2 . 14.0 2 1 ,8 1 0 .6 ^

$ 36,1^4.60

$ 8. 33I .73 19.75
2,008.1+0
6 ,9 8 9 .8 5
3 O I.7 5

I i 7 . 63i . i 48

$ 53.796.08

$ 70 5. 3I+ $ 8,6 0 7 .26

l 528.65
678, 3114.. 1+0 $678,814-5.05 $71+1,951.73

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951
A. EDUCATIONAL AND GENERAL STUDENT FEES M atriculation Non R e s id e n t T u itio n H ealth Service Summer S o h o o l In-S ervice C lasses E xtension O ther TOTAL STUDENT FEES
GOVERNMENTAL S ta te of G eorgia D ougherty County TOTAL GOVERNMENTAL
OTHER SOURCES P roperty R entals
TOTAL EDUCATIONAL & GENERAL INCOME
B . AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES D avis H a ll Gibson H a ll Peace H all Boy's P ro jeo t V eteran 's H ousing TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

# 35,7li+*6i+
8 ,3 1 3 .6 5
985.55 2 4 ,4 5 2 .5 8
8, 126.50 1 7 7 .OO
1,745*75 i 79, 515.67

#1244,550.00 2+87.00
#145,037.00

$ 120.00 #224,672.67

# 8,621.14

# 3,321.95 2,676.242 3 ,3 6 9 .5 0 1,932.35 5 ,9 3 7 .7 5
# 17,237.97
# 68, 051.86

93,910.97 #318,583.64

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL B usiness O ffice G eneral P re sid e n t's O ffice R e g istra r's O ffice TOTAL ADM. & GENERAL

T otal

O bject C la s s ific a tio n

O perating

S a la rie s Supplies

& Wages

& Expense Equipment

# 11,062.59 13,408.35 1 0 ,8 0 7 .1 2
9 ,3 7 6 .1 5 # 244654V2T

1 0 ,1 1 8 .8 0 4 ,5 4 6 .8 0
1 0 ,2 9 4 .3 8 8 ,4 0 6 .6 0
w .y z s & r

609.34 8, 2466.86
1j4 5 .5 1 8 8 4 il4 10, 405.85

334.45 394.69
67.23 85. 2a 801.78

-254

STUDENT WELFARE Dean o f lien Dean o f Mcmen H ealth Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

T otal

Object C la ssific a tio n O perating
S alaries Supplies A Wages A Expense Equipment

$ 1.5U7.95 1,636.25 1,092.93
i 5,077.13
$ 37,100.88
$ 10,709.10

1.U36.25 1,621.25 1,'581. 00 U,638.50
17,360.13
7,062.15

26.70 15.00 285.93 327.63

85.00
26.00 111.00

19.U10.0U 330.71

2,02!+. 16 1,622.79

INSTRUCTION D ean's O ffice A griculture Art Coamerce E d u ca tio n E nglish H ealth Home Economics Musio M athematics P h y sica l Education S o ie n o e S o c ia l Soienoe Summer S c h o o l In-Service C lasses TOTAL INSTRUCTION

$ 3,093.81 2,670.1+0
3.161.77 5.8U0.90 23,866.87 11.300.59 2,000.00 6,U93.05 8,150.21 8,156.20 5.32U.90 12,036.03 10,190.15 19,618.13
U, 835.25 $1^6,736.26

2.935.00
2,655.99 2.900.00 5.000. 00
22,752.97 10.786.2U 2.000.00 5,800.00 6,900.00 8,100.00 5,300.00
10.550.2U 9,8oo;oo
17,389.83 U, 200.00
117,070.27

1UU.06 1U.U1 261.77 182.15 865.22
379.97

1U.75
658.75 2U8.68 13U.38

693.05 1,250.21
56.20 2U.90
965.99 220.15 1,687.50
635.25 7,380.83

519.80 170.00 5U0.8O
2,287.16

TOTAL EDUCA. A GENERAL EXPENDITURES $22U,279.58 179.U97.63

NON EXPENSE Transfer to P lant funds

t 7.163.00

TOTAL EDUCA. A GENERAL DISB.

$231,UU2.58.

39.5U8.51 5'.233`bk

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 8,891.12

162.68 8,728.UU

DORMITORIES D avis H a ll Gibson H a ll Peace H all Boy's P rojeot V eteran 's Housing TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY EXPENDITURES NON EXPENSE
T ra n sfer t o P la n t Funds

$ 3,11+9*81 3,392.57 3,9l|8.63 2,359.03 6,957.61+
$ 19,807.68
$ 68.7UU.97
$ 97.UU3.77
$ 2,25l+.00

1,325.00 2,125.00 2.100.6U 1,322.00 1,369.05 8/2U1.69
10,212.36
18,616.73

1,82U*81 1,093.57 1,832.71 1,037.03 5,588.59 11,376.71
57,981.09
78,086.2U

17U.00 15.28
189.28 551.52 7U0.8O

TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES

$ 99,697.77 $321,723.35 198.1U+.36- 117,63^.75 5.97U.2U

STATEMENT OF CHANGES IN CASH BALANCES For *ear Ended June 30, 1951

CURRENT FUNDS G eneral A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

B alan ces J u ly 1, 1950

R eceiptd For Year

D isbursem ents Balance For Year June 30,1951

#29,373.29 6 ,6 7 5 .1 2
$36,OLB.l4l
$ 2,030.05
$ 1,049.91+
# $39,128.40

224,672.67 9 3 ,9 1 0 .9 7
3 1 8 ,5 0 3 .6 4
3 9 ,2 9 6 .8 0
7 ,5 0 8 .9 6
15,417.00
3 8 0 ,8 0 6 .4 0

231,1442.58 9 9 ,6 9 7 .7 7
3 3 1 ,1 4 0 .5 3
4 0 ,6 2 1 ,5 1
1 ,8 1 7 .3 4
1 4 ,8 8 8 .3 5
388,1*67.55

22,603.38 888.32
3 ,4 9 1 .7 5
705.34
6 ,7 4 1 ,5 6
528.65
31,467.25

Student A c tiv itie s Bus Account A th letics S o c ia l Soience Club D ram atic Club M iss A lbany S ta te Organ D rive R etirem ent C o llectio n s W ithholding Tax Group In su ran ce
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1951

B alan ces J u ly 1, 1950

R e c e ip ts D isbursem ents Balan ce

For Year

F o r Y ear Ju n e 3fy 1951

$ 988.97 . - 145.96 ' 839.65 2.22 3.98 -1 8 .2 3 354.32
5 .1 0
$2,030.05

7 ,8 1 1 .7 0 1 ,2 2 9 .7 6 8 ,7 6 3 .9 2
139.90
7 ,1 8 5 .1 8 1 1 ,9 5 5 .8 5
2 ,2 1 0 .4 9
3 9 ,2 9 6 .8 0

7 ,0 2 1 .7 8 1 , 323.22 10,787.65
132.24
7 ,1 8 5 .1 8 1 1 ,9 6 0 .9 5
2,210.49
4 0 ,6 2 1 .5 1

1 ,7 7 6 .8 9 -2 3 9 .4 2
-1 ,1 8 4 .0 8 2.22
11.64 -1 8 .2 3 354.32
705.34

-256

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1951
BALANCE, BEGINNING OF YEAR
ADDITIONS* U n iv e rsity System B u ilding A u th o rity Repayment of A rc h ite c t Fees T ra n sfe r from G eneral Funds T ran sfer from A u x iliary Funds Advance frega. Loan Funds
TOTAL ADDITIONS
DEDUCTIONS* Expended fo r P lan t A dditions* E quipm ent D ining H all Post O ffice TOTAL EXPENDED FOR PLANT ADDITIONS
O ther D eductions* R epairs not C ap italised C aroline H all Gibson H a ll V eterans Housing T raining Sohool TOTAL REPAIRS
Repayment of Advance fo r A rc h itec tu re Plans
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

- 0-
$ 5*000.00 7*163*00 2,25l+*00 1 ,0 0 0 .0 0
$15,1*17*00
i 2,25i**00 471*35
2,725.35
$ 1,687*00 1,31*8.00 3*055*00 1,073*00
> 7*165* Off I 5/000*00 |ll* ,8 8 8 .35 $ 528*65

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING 1950-51* Expended from E d u c a tio n a l and G en eral Funds and included in C urrent Expenditures Expended from A u x ilia ry Funds and inclu d ed in C urrent Expenditures Expended from P la n t Funds TOTAL ADDITIONS
VALUE OF PLANT, JUNE 3 0 , 1951

$69,6li+.81

$5,233.1*4
71*0.80 2,725*35

I 8fo9*59
$678,311*. 1*0

>257

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951

A*. LAND
B . BUILDINGS M argaret Hazard L ibrary C aroline H all D ining H a ll Hazard T rain in g School G ibson H a ll Peace H all J . S . Davis H a ll Boy's P ro je c t C o tta g e s ( 1+ b u i l d i n g s ) Farm H ouses N.Y.A. Shop B ath House P r e s i d e n t ' s Home Garage Laundry M aintenance Shop Barn 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 ffices Physical P lan t L ibrary I n s tru c tio n a l Departm ents D orm itories D ining H a ll Post O ffice TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

investm ent B eg in n in g
Of Year

A dditions

# 22.U00.00

Investm ent End Of Year
22.U00.00

$ 21,000.00 90,000.00 70,000.00
Uo.ooo.oo 30,000.00 U5.000.00 3U.000.00
8,000.00 3,000.00 1,200.00 1,200.00
750.00 12,000.00
315.00 315.00
900.00 750.00
27,000.00 50,000.00

21,000.00 90,000.00 70,000.00
Uo.ooo.oo 30,000:00 U5.000.0Q 3U,ooo.oo 8,000.00 3,000.00
1,200.00 1,200.00
750.00 12,000.00
315.00
315.00 900.00 750.00 27,000.00 5o;ooo.oo
U35.U3.5

$ 1 7 .a l4u .1 3
7.9U8.U3 86.726.6U 68,370.21 20,015.79 ll.U 7 9 .6 l
*211,w a r
i669.61u.81

1,007.53 330.71
1,622.79 2.272.U
189.28 2,805.52
U71.35 8,699.59
8,699.59

18,251.66 8,279.lU 88.3U9.U3 70,6142.62 20,205.07 1U,285.13
U71.35
220.z4J0u.ui
678.3lU.U0

258

FORT VALLEY STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , I 9 5 I
Fort V a llo y S ta to C o lle g e F ort V a lle y , Georgia
>259'

BALANCE SHEET June 30, 1951

ASSETS

I . CURRENT FUNDS A . GENERAL Cash in Bank A ccounts R eceivable Due from Endowment Funds TOTAL GENERAL FUNDS

B . RESTRICTED Cash in Bank A ccounts R eceivable TOTAL RESTRICTED FUNDS

C . AUXILIARY Cash in Bank A ccounts R eceivable In v e n to rie s TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash in Bank

TOTAL AGENCY FUNDS

III.

ENDOWMENT FUNDS Cash in Bank Due from Jam iso n E s ta te Investm ents: U. S . S e c u r itie s P r e f e r r e d and Common S to c k F o rt V alley S ta te C ollege D orm itory

$ 21,526.59 9,359.98 336.86
$ 31,223.1+3

$ 3,253.81+
2,821+. 61+
$

6, 078. 1+8

# 2l+,l+69.12 1,733.28 2,755.63 $ 28,958.03
$ 66,259.91+

$ i+,600.6l $ i+,600.6l

$

750.56

336.86

$ 1+0 , 100.00
12, 026. 1+6 11,698. 1+0

63,82l+. 86

TOTAL ENDOWMENT FUNDS

* 61+,912.28

IV . STUDENT LOAN FUNDS Cash in Bank Notes R eceivable

$

506.00

_______ 26.25

TOTAL STUDENT LOAN FUNDS

*

532.25

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

* 20,931.96

B . EXPENDED Land and Improvements B uildings E quipm ent TOTAL EXPENDED

$ 1+2,21+2.99 762,308.16 302,1+32.79

1,106,983.91+

TOTAL PLANT FUNDS 260
TOTAL ASSETS

$1,127,915.90
$1, 261+, 220.98

BALANCE SHEET June 30, I95I

LIABILITIES

I . CURRENT FUNDS A . GENERAL Accounts Payable U nearned Income S u rp lu s TOTAL GENERAL FUNDS

11,792.40
14,246.19 5,184.84
31.223.43

B . RESTRICTED Fund B alance

6,078.48

C . AUXILIARY Accounts Payable Reserve fo r In v en to ries R eserve fo r S a le s Tax Payable
S u rp lu s TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

t

7,752.06
2,755.63 43.74
18,406.60 28,958.03

66,259.9U

I I . AGENCY FUNDS Fund B alance
TOTAL AGENCY FUNDS

4.600.61

4 , 600.61

I I I . ENDOWMENT FUNDS Due t o G en eral Funds Fund B alances
TOTAL ENDOWMENT FUNDS



336.86

64,575.42

6 4 ,9 1 2 .2 8

IV . STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS



532.25

532.25

V. PLANT FUNDS A . UNEXPENDED Fund B alance

20,931.96

B . EXPENDED Due t o Endowment Funds Invested in P lan t TOTAL EXPENDED

11,698.40 1,095,285.54

TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

1?

106,983.94

n,127,915.90 1,264,220.98

- 261-

STATEMENT OF CURRENT INCOME F or Year Ended June 30, 1951

A . EDUCATIONAL AND GENERAL STUDENT FEES M atriculation Non-Resident T u ition Saturday C lasses H ealth S ervice Summer S e s s io n Other TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS S ta te o f Georgia Regular A ppropriations V o ca tio n a l Funds United S ta tes Morri 11-Ne Is on D ivision of General Extension TOTAL PUBLIC APPROPRIATIONS

ENDOWMENT General Leask TOTAL ENDOWMENT

SALES AND SERVICES Farm

OTHER SOURCES Property R entals

TOTAL EDUCATIONAL * GENERAL INCOME

AUXILIARY INCOME BOOKSTORE

DORMITORIES Davison H all H untington H a ll Ohio H a ll TOTAL DORMITORIES

DINING HALL

LAUNDRY

VETERANS* HOUSING

TOTAL AUXILIARY INCOME

NON-INCOME S a le s Tax C o lle c tio n s

TOTAL AUXILIARY RECEIPTS

-262-

General Income

R e s tr ic te d '-- ToEST"

Income

Income

* 66,545.54 6 ,5 2 8 ,0 3 14 . 850.00 5 .7 3 9 .0 0
3 5 ,3 8 5 .8 3 2 .4 5 3 .0 0
i l 3 i . 50i . l 4O

66,545.54 6 ,5 2 8 .0 3 14,850.00 5 .7 3 9 .0 0
3 5 ,3 8 5 .8 3 2 .4 5 3 .0 0
#131,501.140

1 1 9 3 ,1 5 3 .0 0 I9 3 .1 5 3 .0 0

193,153.00

#38,865.90

38,865.90

3 6 ,6 6 0 .9 4

36, 660.94

1 .2 0 0 .0 0

1,200.00

# 7 6 ,7 .8 U t s s s Cw .'BG

1 1,693.58 592.83
# 2. 266.41
1 15,572.80

# 1 , 693.58 592.83
1 2,286.41
# '1 5 ,5 7 2 .8 0

1 2,825.89 3u5 . 359.50

# 7 6 ,7 2 6 .8 4

# 2,825.89 #422,066. 34

1 15,037.35
1 11,469.48 3 ,4 |0 .8 4 8 ,0 2 8 .6 3
* 22,938.95
1118,042.35 i 7,091.80
i 4 , 621.09
# 1 6 7 ,7 3 1 .5 4

* 15 . 037.35
# 11,469.48 3 , 440.84 8 ,0 2 6 .6 3
'T 2 2 3 3 S T 9 5
#118,042.35 # 7,091.80
# 4,621.09
#167,731.54

# I I 5.79 #167,847.33

C. OTHER NON-EDUCATIONAL INCOME GIFTS AND GRANTS S e a rs Roebuck and Company
TOTAL CURRENT INCOME

G eneral Income

R estricted I ne orne

T otal I no ome

$

800.00 $

800.00

#513, 0 7 1 . o k # 77.526.8U #590.597.88

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL B usiness O ffice General A dm inistration P re s id e n ts O ffice R e g is tra r's O ffice TOTAL ADMIN. & GEN.
STUDENT WELFARE D ean o f Men D ean o f Women Infirm ary TOTAL STUDENT WEL.
PLANT OPERATIONS
LIBRARY
INSTRUCTION A d m in istra tiv e Dean A griculture A rt B usiness E ducation E ducation E nglish H ealth Education Home Econom ics In d u s tria l A rts Languages M usic N ursery School S c ie n c e s S o cial Sciences Summer S c h o o l TOTAL INSTRUCTION
SERVICES RELATED TO INST. Farm

G eneral

R estricted

O bjeot C la s s ific a tio n

O perating

''S alaries & Wages

S u p p lie s & Expense Equiornent

lU,579.60 20.6i4U.65
9,37*4.57 10.1U8.13
# 5U .7jU6.95

13,866.68 2.U19.50 9,100.00
9.199.8U T37586.2

# 111.65 # 601.27 18,225.15 27U.57 9U8.29
# 19,^59.66 " T " ~53.2?

# 3.1U1.96 2.117.2U 5.709.75
# 10.968.95
# 82.3Ul.10
# 9.856.UO

$ 2,850.00 # 169.33 1 122.63

1,875.00

1U2.99

99.25

U.U75.00

958.01

276.7U

# 9.200.00 T 1,270.33 T " 498.62

# U3.271.U2 # 33.72U.3U # 5.3U5.3U

# 5,283.26 # U.573.1U

$ 8.19U.22 26,221.80

#23,997.87

# 7,700.00 37,536.28

# 376.72 6,395.25

# 117.50 6 ,2 8 8 .lU

3,219.57 6,755.86

2,700.00 6,116.66

519.57 392.7O

2U6.50

13,978.77

12,826.00

660.60

U92.17

12,568.39 U.U00.00 16,U50.00

518.39

9.507.U2

8,750.00

757.U2

16,631.70 5,U33.33 18,902.00 1*331.81 1,831.22

1,212.33 U,700.00 2,532.71

U, 800. 00 2,500.01

1*53-16 32.70

659.17

lU ,333.n

11,600.00 1,851.29

881.82

U31.38

U31.38

13,576.63 11,790.87
2U,386.51

5,200.00

17,526.66 11,200.00 21,702.50

671.26 3U0.92 2,68U.01

578.71 2U9.95

?T65,3U1.27 #U3,731.20 t o o , 310.11 TT7,U l7.18 HY.5U5.18

$ 20,377.20

# 5,U52.86 # 1U.92U.3U

>263-

EXTENSION In-Service C lasses V ocational Education D iv isio n of Extension TOTAL EXTENSION
RESEARCH Carnegie Corporation
TOTAL EDUC. & GEN. EXP.
B . AUXILIARY ENTERPRISE BOOKSTORE
DORMITORIES Davison H a ll H untington H a ll Ohio H a ll TOTAL DORMITORIES
DINING HALL
LAUNDRY
FARM AND DAIRY
VETERANS* HOUSING
TOTAL AUXILIARY EXPEND.
NON-EXPENSE T ra n sfer t o P la n t Fund S ta te S a le s Tax TOTAL AUXILIARY DISB.
C. OTHER NON-EDUCATIONAL S c h o la r sh ip s
TOTAL CURRENT EXPENDITURES

General

R estricted

Object C la ssific a tio n

O perating

S a la r ie s

S u p p lie s

& Wages

& Expense Equipment

$ 6,531.5^

$ 6^531.54

#29,913.12 19,382.72 $ 10,530.40

799.96

800.00 1,599.96

* 7.331.50 #30,713.15 # 27,514.22 $ 10,^30.40

1 500.00 # 1,490.09

$ 1,990.09

$351.1*63.37 #75,934.41 #305,617.89 $103,989.48 $17,790.41

i 13.513.59

$ 400.00 $ 13,113.59

$ 12,204.68 3,813.83 8,543.27
1 24,561.76
#115,889.93
# 7,112.97
# 34.06
f 4,410.84
#165,523.17

$ 3,160.00 $ 9,044.68

2,900.00

913.83

3,320.00 5,223.27

# 9,380.00 $ 15,101.78

$ 21,762.91 $ 94,127.02

$ 6,783.90 $ 329.07

$ 34.06

$ 4,4io.84

# 38,326.81 $127,196.36

# 1,864.76 72.05
#167,4^9*^8

# 800.00

$ 800.00

#516,986.54 $76,734.41 $343,944.70 $231,985.84 $17,790.41

-264-

STATEMENT OF TRUST FUND BALANCES For T ear Ended June 30, 1951

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS 1 Income and Investm en ts
DEDUCTIONS* T ransfer to G eneral Funds
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan Funds

*61+,575.1+2 * 532.25

* 2,286.1a

* 2,286.1a *6i+,575.1+2 * 532.25

STATEMENT OF TRUST FUND BALANCES BY FUND F o r Y ear Ended Ju n e 30 1951

ENDOWMENT FUNDS G eneral Fund George L eask Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS W illiam Hubbard Fund
TOTAL TRUST FUNDS

Fund balan ce

Beginning Of

Year

A dditions D eductions

Funcl B alan ce End of Year

*1+2,962.99 *1,693.58 *1,693.58

21,612.1+3

592.83

592.83

*62+,575.1+2 *`2,286.1+1 *,286.1+1

*1+2,962.99 21,612.1+3

* 532.25 *65,107.67

*2,286.la

*2, 286.1a

* 532.25 *65,107.67

.265'

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 3 0 , 1 9 5 1

ENDOWMENT FUNDS

GOVERNMENT BONDS

U. S . Treasury

2 -3 /4 $

U. S . Treasury, S eries G 2 -1 /2 #

U. S . Treasury

2-1 /1 $

TOTAL GOVERNMENT BONDS

STOCKS
Borg-W arner C o rp o ra tio n , 50 sh ares T ru s t Company o f G e o rg ia , 15 sh a re s
TOTAL STOCKS

OTHER F ort V a lley S ta te C ollege Dormitory

TOTAL TRUST FUND INVESTMENTS

Book Value

Earnings

$ 1,600.00 35.500.00 3,000.00 Wo,loo. 00

$ 65.99 787.50 67.50
$ 920.99

$ 2, 276.1*6 $ 300.00

9,750.00

5I4O.OO

$12,026.246 $ W.

$ll,698.i40 $ 525.42 $63,8214.86 $2,286.41

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1951

A . EDUCATIONAL AND GENERAL J u liu s Rosenwald Fund M orri 11-N elson Funds V ocational Funds D ivision of G eneral Extension C arnegie foundation TOTAL EDUCATIONAL & GENERAL
B . OTHER NON-EDUCATIONAL S e a rs Roebuck and Company
TOTAL RESTRICTED FUNDS

B alan ce B eginning
Of Year

R eceipts For Year

D isburse m ents
For Year

B alan ce End
Of Year

$ 300.00
- 4,707.16 - 400.00
7 ,2 6 8 .5 7 $ 2, 2+6 1 . 2+1

$ 3 6 ,6 6 0 .9 4 3 8 ,8 6 5 .9 0
1 , 200.00
$7 6 , 726. 82+

$ 300.00
$36,660.94 36,983*38 - 2,824.64
800.00 1,490.09 5,778.48 $7^.934.2+1 "1 3 2 $ 3 '.S 4

$2,461.41

$ 800.00 $ 7 7 ,5 2 6 .8 4

$ 800.00
$76,734.41

$ 3 ,2 5 3 .8 4

-266

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1951

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 eceip ts J u ly 1, 1950 For Year

Disbursem ents Cask Balance For Year June 30 1951

$27,650.1*6 $3k5>339.50

2,1*61.1*1

7 7 ,5 2 6 .8 k

2k,081.77 I67,8k7.33 $5l*,1 9 3 . 6k ~ $596,713k67

$ 3,7k3*3k $ 39,316.65

$ 7 ,3 7 1 .6 6 $ 36, 185.06

$3 5 1 , 1*6 3 .3 7 7 6 ,7 3 k .k l
I6 7 .k 5 9 .9 8 $ 5 9 5 ,6 5 7 .7 5 "

$ 2 1 ,5 2 6 .5 9 3 .2 5 3 .8k
2 k ,k 6 9 .12
$ k 9 ,2 k 9 .^

$ 38,k59.38 $ k ,600.^1

$ 22, 621*.76 $ 2 0 ,9 3 1 .9 6

$ k, 086.22 $
1 31*2 .2 5
k ,w .'k 7

66k* 3k
163.75 2.9

$69,737.11 $667,0k3.k7

$ k , 000.0 0 $ *,000. $660,71*1.90

$ 750.56 506.00
$ 1 ,56*56
$76, 038.68

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1951

Alumni A s s o c ia tio n A thletic & Student A c tiv itie s F a c u lty G ift Fund F ratern ities & S o ro rities Room & A p p l i c a t i o n D e p o s its Student D eposits
TOTAL

Cash B alance R eceip ts J u ly 1, 1950 For Year

D isb u rse m e n ts a sh B alan ce For Year June 30, 1951

$ 8k7.99 1 ,5 5 1 .0 9 - 1 5 .OO
252.25 397.00 7 1 0 .0 1
$ 3.71*3.3k"

$ 2,kl3.03 3 3 ,lk 9 .2 7 267.00 65k . 80
2 ,2 6 9 .2 5 563.30
$ 39.316.65"

$ 2,5k368 3 2 ,k 0 3 .2 0 I 7O.9O 70 1 .50 1 ,9 7 6 .6 0 663.50
$ 3&.i&9."35"

$ 717.3k 2 ,2 9 7 .1 6 81.10
205.55 689.65 609.81 $ *,600.61

-267

STATEMENT OF UNEXPENDED PUNT FUNDS For Year Ended June 30, 1951

BALANCE, BEGINNING OF YEAR
ADDITIONS Income S ta te of G eorgia F ire Loss Reoovery - Jeanes H all F ire Loss Reoovery - P a tto n H a ll W inds t o r n L oss R eo o v ery - Ag* B arn Non-Inoome T ran sfer from A u x ilia ry Funds TOTAL ADDITIONS
DEDUCTIONS* Expended fo r P la n t A dditions Land Equipment - D avison H a ll TOTAL FOR PLANT ADDITIONS
Loans Repaid Endowment Funds
O ther D eductions I n t e r e s t on In d e b te d n e s s T opographical Survey R ep airs t o Ohio H a ll TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BAIANCE, END OF YEAR
C o n sistin g of Funds For D avison H a ll Equipment F ire Loss Reoovery Land New Mens D o rm ito ry R ehabilitation of P lant
TOTAL

Funds For P lant
A dditions

Funds For Debt
S e rv ic e

7,371*66

T otal
7,371*66

29,287*85
1+,693. 1+1+
318*01
21*00

29,287*85 1+,693.1]I+
318.01
21. 0

6 75 .OO 1,189*76

1 , 861+. 76

*34,995.30 " i r , '1 ^ : 7 6 T3571B$,.S6

15,763.i|0
1+.377.59
0 , 140 .99

15,763*1+0 +,377*59

661+.31+ . 661+.31+

* 525*i|2 525. 1+2

1+81+.06

1+81+. 06

809*95

809*95

T72& W T 1 C T " T Y .B T O

21,1+35.00 1,189*76 22, 621+*76

20,931*96

20, 931.96

129*18 7,020*70
13,521+* 5 1 9 0 *9 !+ 66*69
20,931*96

- 268-

SUMMARY OF INVESTMENT IN PLANT As o f June 30, 1951
VALUE OF PLANT, JULY 1 , 1950
ADDITIONS DURING YEAR 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 u rren t E xpenditures A djustm ents TOTAL ADDITIONS
VALUE OF PIANT, PLUS ADDITIONS, JUNE 3 0 , 1951
DEDUCTIONS Loans Payable TOTAL DEDUCTIONS
INVESTMENT IN PIANT, JUNE 3 0 , 1951

$1,029,052.5U
$20,11+0.99 17,790.1a
4 0 ,0 0 0 .0 0
$ 77,931.40 $1,106,983.94
$11,698.40 $ 11,698.40 $1,095,285.54

STATEMENT OF INVESTMENT IN PIANT For Year Ended June 30, 1951

A. LAND Campus 97 A cres Farm 50 A cres Farm 219*65 A ores Farm 130 Aores TOTAL LAND <5c IMPROVEMENTS
B. BUILDINGS L ibrary & O ffice B uilding H untington H all R o b e rt W. P a t t o n H a l l Laundry Home M anagem ent H ouse Samuel H. B ishop lin in g H all Academic B u ild in g Peabody Trade B uilding A g ric u ltu re Classroom B u ild in g Farm B u ild in g s Mule & Feed B arn D airy Barn P o ta to House No. 1 P o ta to House No. 2 One L aying House One B ro o d e r House Cannery Farm D w elling No. 1

Year A cq u ired

Investm ent B eginning
Of Year

A dditions

Investm ent %End
Of Year

1895 1940 1943 1950

$ 9,765.00 3,075.00

$ 9,765.00 3,075.00

9 ,2 6 2 .0 0

9 ,2 6 2 .0 0

$20,140.99

20,140.99

? 2 2 ,1 0 2 .0 0 |20,1L0.99 i 4 2 , 4 2 .9 $

1925 1908 1937
1916
1941 1932 1929 1926 1947
- 269-

$ 27,500.00
1 6 ,6 5 0 .0 0
49,050.00 2,900.00 3,000.00
50,000.00
1 2 0 ,6 0 0 .0 0
32,000.00 30,000.00
7,000.00 3,000.00
540.00 400.00 300.00
200.00
100.00
360.00

$ 27,500.00 16,650.00 49,050.00 2,900.00 3,000.00 50,000.00 120,600.00 32,000.00 30,000.00
7,000.00 3,000.00
540.00 400.00 300.00 200.00 100.00 360.00

B. BIIDINGS (C o n tin u e d ) Farm B u ild in g s Farm D w elling No. 2 Farm D w elling No. e Farm D w e llin g N o. 1+ Farm D u e llin g No. 5 Farm B arn No. 1 Farm Barn No. 2 F arm.. D w e llin g No. 6 D avison H a ll Brooklyn C ottage Infirm ary A th le tic F ie ld House B eauty P a rlo r P r e s i d e n t s House R ichardson's C ottage H arris C ottage Coop No. 1 Coop No. 2 Garage No. 1 Garage No. 2 Stevens C ottage Ohio H a ll Usher C ottage V eterans U nits TOTAL BUILDINGS
C . EQUIPMENT A dm inistrative O ffices P hysical P lant L ibrary D orm itories D ining H a ll Farm TOTAL EQUIPMENT
TOTAL INVESTMENT IN PIANT

Year A cquired

Investm ent B eg in n in g
Of Year

A dditions

Investm ent End
Of Year

191+8 1920
1931+ 191+0
1915 1900 1920 1921+
191+1 191+1 191+0 191+0
1938 1930 1931+

$

250.00

5+0.00

1+86.00

1+5 0 .0 0

270.00

1+5 0 .0 0

270.00

2 2 1 ,9 8 6 .1 6

800.00

1 8 ,0 0 0 .0 0

500.00

250.00

1 5 , 700.00

1 ,8 5 0 .0 0

5 ,6 0 0 .0 0

2, 700.00

2, 700.00

1 ,8 1 0 .0 0

825.00

1 , 105.00

1 0 0 ,0 0 0 .0 0

l+,566.00

$ 722, 508.16

$1+0, 000.00
$40 >00000

$

250.00

51+0.00

1+86.00

1+5 0 .0 0

27O.OO

1+5 0 .0 0

270.00

221,986.16

800.00

18,000.00 500.00

250.-00

1 5 , 700;00 1,850.00 5 , 600.00

2, 700.00

2, 700.00

1,810.00

825.00

1 , 105.00

100,000.00

l+,566.00

1+0.000.00
$ 76^ 308. 16'

$ 1 5 , 8 2 7.10 $ 1 ,0 9 9 .8 9 $ 11+.926.99

11+7 , 5 9 7 .7 6 1 0 ,7 6 0 .0 2

1 5 8 ,3 5 7 .7 8

5 1 , 102.67

2,51+5.85

53,61+8.52

26,781+.97 15,081+. 80

975-60 1 ,5 8 9 .6 5

27,760.57 16,671+. 1+5

50,21+5.08

819.1+0

51,061+. 1+8

$ 2&+,6L+2.38 $17,790.1+1 1 " 1 T O

1 1 , 029. 052. 51+ $77,931.1+0 $1,106,983.91+

270-

SAVAHHAH STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 3 0 , I 9 5I
Savannah S ta te C ollege Savannah, G eorgia
.271-

BALANCE SHEET June 3 0 , 1951

ASSETS
CURRENT FUNDS A . GENERAL Cash on Hand and in Bank A ccounts R eceivable Due from A u x ilia r y E n te r p r is e s TOTAL GENERAL FUNDS
B . AUXILIARY Cash on Hand and in Bank A ocpunts Re e iv a b le 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 A . UNEXPENDED Cash in Bank
B . EXPENDED Land B uildings Improvements o th e r th a n B u ild in g s E quipm ent TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

# 1,147.15
20, 511*80 7 , 000.00
#

28,658.95

# 7+.12 7,729.04 8,776.13
#

17,219.29 #

45.878.24

# 5,601.24
# 5,601.21+

# 40,155.54

#11 4 , 400.00
942,572.05 131,882.49 301,852.58

#1,490,707.12

#1, 530, 862.66

#1,582,3142.14

.-272

BALANCE SHEET June 30 I95I

LIABILITIES

I . CURRENT FUNDS A . GENERAL Aooounts Payable & Purchase O rders O utstanding R eserved f o r Unearned Income S u rp lu s TOTAL GENERAL FUNDS

$ 9,96l*54. 12, 380.70
6 ,3 1 6 .7 1 $ 28,658.95

B . AUXILIARY Accounts Payable Due t o G e n e ra l Funds Reserve fo r S tores D eficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 2, 698. 11+ 7,000.00
8,776.13 - 1,251+. 96
$

17,219.29 $

1+5, 878. 21+

I I . AGENCY FUNDS Fund Balanoe
TOTAL AGENCY FUNDS

$ 5 ,601. 21+

5, 601. 21+

I I I . PLANT FUNDS A i UNEXPENDED Fund Balanoe

$ 1+0,155.51+

B . EXPENDED Due to U n iv e rs ity o f G eorgia Endowment Funds Invested in P lant TOTAL EXPENDED

$ 26, 1+711.12
1,4 6 U ,2 3 3 .0 0
$1,1+90.707.12

TOTAL PLANT FUNDS TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$1, 530, 862.66 $1, 582, 31+2. 11+

273

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951
A . EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atriculation H ealth Service Summer S e s s io n F ees O ther TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS S ta te of G eorgia Chatham County Board o f E ducation D ivision of G eneral E xtension D iv isio n of V ocational Education U. S . P ost O ffice TOTAL GOVERNMENTAL FUNDS

SALES AND SERVICES

OTHER SOURCES R ents from P ro p erty G eneral and M iscellan eo u s TOTAL OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME

NON-INCOME Old R etirem en t Fund Account

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

B. AUXILIARY ENTERPRISES COLLEGE INN

FACULTY APARTMENTS - PARSONS HALL

DORMITORIES H iU H all H ubert H ali TOTAL DORMITORIES

DINING HALL

LAUNDRY

TOTAL AUXILIARY INCOME

NON-INCOME Old W ithholding Tax A ccount T ran sfer from G eneral Funds Due t o Agency Funds Old Farm A ccounts

TOTAL AUXILIARY RECEIPTS

TOTAL CURRENT INCOME

274-

$ 7ll,693.23
103,986.59 9,088.37 59,116.62 4,915.55
1251/ 800.36

$276, 033.00
8,373.50 3.475.00 6,335*78
2. 700.00
$96,917.28'
$ 511.01

$ 4,057.59 1,385.45
$ 5,4h3."54
$554,671.69

$554,671.69

$ 121,87 $554,793.56

$ 50,116.54 $ 3,819*15

$ 7, 676.00 11,011.85
$ 18 , 607. 8^
$ 84,981.33
$ 7,363.39
$164,968.26

$16U,968.26

$

60.10

2,000.00

8.50

16.65

$167,053.51

$719,639.95

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL B usiness O ffice P re s id e n ts O ffice R e g is tra r's O ffice P ost O ffice G eneral Expense TOTAL ADM. & GENERAL
STUDENT WELFARE D irector Dean o f Men D ean o f Women H ealth Services TOTAL STUDENT WELFARE
HiYSICAL PLANT
LIBRARY
INSTRUCTION Dean of F a c u lty A griculture A rts and S ciences B usiness B iology C hem istry E ducation E nglish Fine A rts H ealth & P h y sical E ducation Home Econom ics In d u s tria l A rts Languages M athem atics P h y sic s S o c ia l Soience Summer S c h o o l T raining School TOTAL INSTRUCTION
ACTIVITY RELATED TO INSTRUCTION Farm
EXTENSION
TOTAL EDUC. & GEN. EXPEND.

T otal

O bject C la s s ific a tio n

O perating

S alaries

S u p p lie s

& Wages

& Expense

E q uipm ent

# 20, 030.00
13,309.33 13,079.55
2,597.51 3 1, 663.58 $ 80,600.05

# 15 , 666.02 1 1 ,8 9 2 .1 1 10", 369.1 5 2 ,5 3 9 .1 1 1 0 ,4 8 4 .8 4
# 50, 951.23

# 730.91 1 ,2 2 7 .0 2
718.31 5 8 .4 o
20, 74 8 .4 4 # 2 $ ,4 5 $ . 8

# 3,633.15 190.20
1 ,9 9 2 .0 9
4 3 0 .3 0 # 6,2+ 5.74

* 5,^07.73 2 ,3 3 4 .6 7 4 ,6 4 1 .1 2 6 ,1 8 2 .7 4
# l6,566.2
# 68, 136.29
# 16, 636.91

# 4 , 744.56 2, 334.67 4 ,6 4 1 .1 2 5 , 103.50
1 16,823.85
# 30,327.30
# 9.554.60

# 487.77 # 175.40

750.90

328.31*

# 1 ,2 3 5 7 6 7 " " 1 5O3 .7 4

# 32 , 33 3.8 4 # 5.1*75*15

# 446.18 # 6,636.13

# 8,724.56 10,863.87 8 ,0 4 2 .4 8
16,705.23 9 . 336.37 7 ,7 9 4 .4 0 24,868.09 22,531.95 10,629.70
16,126.33 23,390.28 6 6 ,6 6 0 .6 6
2, 700.00
8 ,9 7 3 .3 0 4 ,2 1 1 .5 5 17,253.35 33,469.08
1 4 ,5 0 6 .9 7
I306.7SS.7

# 6,192.55 9 ,4 5 9 .2 0
5 ,1 9 7 .5 7 1 5 , 003.46
7 ,8 8 4 .0 0 7 ,1 9 1 .8 0 2 4 ,3 5 0 .0 0
22,1*33.33 9 , 900.00
1 5 ,7 0 6 .4 0 1 9 ,6 5 0 .2 0
5 2 ,0 5 2 .0 9 2, 700.00 8, 904.00 3 ,8 0 0 .0 0
17,253.35 3 2 ,4 2 4 .9 6
1 4 ,3 4 3 .2 5 2 T O J5T.T5-

# 2,469.06 1 ,1 7 8 .0 8 1 ,7 7 4 .4 1 489.03 1 ,0 9 7 .5 9 602.60 518.09 9 8 .6 2 484.70 388.53 2 ,7 3 9 .3 2
1 3 ,7 7 7 .8 3
182.26
1,0144.12 26.19
# 6,670.4$

# 62.95 ' 226.59
1 , 070.50 1 ,2 1 2 .7 4
354.78
245.00 3 1 .4 0
1 ,0 0 0 .7 6 830.74
6 9 .3 0 229.29
137.53 # 5, 471.56

i 8, 390.50 # 9, 019.72 #508, 217.90

# 3,463.70 # 7.673.70 # 3 9 3 ,2 4 0 .5 4

* 3.713*1*5 # 1,191.06 # 89,276.71

# 1,213.35 # 154.96 # 2 5 ,7 0 0 .6 5

-275-

______

O bject C la ssific a tio n

O perating

S alaries

S u p p lie s

T o t a l ________& Wages

& E xpense_____ E quipm ent

HON-EXPENSE

T ran sfer to A u x iliary Enterprise # 2,000.00

T ra n sfe r to P la n t Fund

18,237*09

Loan Repaid to Board of Regents 38,000.00

TOTAL EDUC. & GEN. DISBURSE. 566.U 3U .99

B . AUXILIARY ENTERPRISES COLLEGE INN
PARSONS HALL

9 40,+/
1,237*39

$ 9 c.O C . C O

<*> + U ,
1,237.39

W tt fU

DORMITORIES H ill H all H ubert H all TOTAL DORMITORIES
DINING HALL
IAUNDRY
TOTAL AUXILIARY EXPENDITURES

7,306.1? 10,165-18
$ V /Tuy^yo
88,578.18
9,566.82
#165,701.22

$ 2, 71+8. 7U # U.U27.U3

3.92U.59

6,lU559

# 6,673.33~" "#

# 18,211.67 # 69.lUU.83

# 6,UoU.o6 # 3,013.91

# 38,571.3U 12U.731.6U

# 129.95 95.00
$ 22+.95 # 1,221.68
# 1U8.85
# 2,398. +

NON-EXPENSE T ransfers to P la n t Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

# 2,017*00 #167,716.22 #673,919.12

IU3i.8ll.88

#2lU,008.35

$28,098.89

-276-

STATEMENT OF CHANGES IN CASH BALANCES For ^ e a r Ended June 30, 1951

CURRENT FUNDS General A uxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

B alan ce

R e c e ip ts Di s b u rs em enta b a la n c e

J u l y 1 , 1950 F o r Y ear F o r Y ear J u n e JO, 1951

$12,808.58 1 ,3 7 8 .8 3
$11+, 187.1+1

#551+,793.56 167,053.51
1721,81+7. o f

$566,l+5l+.99 1 6 7 ,7 1 8 .2 2
#731+, 1 7 3 .^ 1 "

4 1,11+7.15 71+.12
$ 1 ,8 6 1 .7

$ 867. 3I+ $ 7+,003.7l+ $ 69,269.81+ $ 5,601.21+

$ 6 2 ,5 7 7 .0 9 * 2 2 .ll2 1 .5 5 $1+0,155.51+

#15,051+. 75 #858,1*27.90 $825,861*.60 #1+7,618.05

BANK BALANCES

L ib e r ty N a tio n a l Bank and T r u s t Company E d u catio n al and G eneral Revenue C o llectio n s A uxiliary E nterprises Agency Funds P e tty Cash
TOTAL

$ 28,1.99
12, 380.70
71+1.39 5,1+93*97
580.00
$ 1+7,618.05

STATEMENT OF AGENCY FUNDS For Year Ended June JO, 1951

Campus C h e st C lass Accounts Due from O th er Funds Due t o O th e r Funds S c h o la rsh ip s, Awards, P riz e s Student A c tiv itie s S tudent Bank Student C lubs, E tc. Teachers R etirem ent S ale s Tax W ithholding Tax
' TOTAL AGENCY FUNDS

B alance

R eceipts D isbursem ents B alance

J u l y 1, I95O F o r Y0a r F o r Y ear Ju n e 30, I95I

$ 3O.69 $ 2,835.1+7 $ 660.77

1,533.23

1,533.23

H+.52

3I+9.52

153-00

153*00

25.OO 1,181*. 50

589.32

- 2,355.96 29,867.55 25,671.21+

395.5O

395.5O

1,117.01

602.21

556.17

121.87 15,1+27.25 15,51+9.12

166.61+

59.37

23,752.60 23,752.60

$ 867.3+ $ 7I+.OO3.7I+ $ 69,269.81+

$ 2,205.39 335.00 620.18
1,81+0.35 1,163.05
IO7.27
$ 5,601.21+

-277

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Boded June J O , 1951

BALANCE, BEGINNING OF YEAR
ADDITIONS * T ra n sfe r from G eneral Bunds T ra n sfe r from A u x ilia ry Funds Insu ran ce Recovery - Laundry R egents A llotm ent - Laundry TOTAL ADDITIONS
DEDUCTIONS s Expended fo r P la n t A dditions B u ild in g s and A d d itio n s to B u ild in g s Boggs H a ll F lip p e r C ottage L ibrary M eldrim H a ll Laundry - W hite H a ll TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Equipm ent W hite H a ll
Improvements o th e r th a n B u ild in g s A th le tic Stadium W ater System
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
TOTAL EXPENDED FOR PLANT ADDITIONS
Indebtedness R etired Payment to U n iv ersity of G eorgia Endowment Funds
I n t e r e s t on In d eb ted n ess
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds fo r P lant
A d d itions
--

Funds fo r Debt
Service
-------

T otal ...

$ 1 8 ,2 3 7 .0 9
3 1 ,3 5 6 .0 0 1 0 ,9 6 7 .0 0 60, 560.09

$2, 017.00 $2, 017.00

$18,237.09 2, 017.00
3 1 ,3 5 6 .0 0 10, 967.00
162,577.09

$ 71+8.18 1 ,7 7 3 .2 0 683.55 Ii46.64 6, 661.89
10 , 31^.146
$ 1,619.90
$ 7,232.90 1 ,2 3 8 .2 9
$ 8,471.19
$20,404.55

$ 748.18 1 ,7 7 3 .2 0 683.55 446.64 6, 661.89
$10, 313.46
$ .1 , 619.90
$ 7 , 232.90 1 , 238.29
8, 4 71.19
$20, 404.55

$1,187.16 $ 1 , 187.16

$ 829.84 $ 829.84

$20,4o4.55 $2, 0 17.0 0 $ 2 2 ,4 2 1 .5 5

$1+0,155.54

$ 4 0 ,1 5 5 .5 4

278-

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1951

VALUE OF PU N T , JULY 1 , 1950
ADDITIONS DURING YEAR 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 u rren t E x penditures Expended from A u x ilia ry Funds and included in C urrent Expenditures A djustm ent fo r P rio r Years TOTAL ADDITIONS
VALUE OF PU N T , PLUS ADDITIONS, JULY 1 , 1951
DEDUCTIONS FOR YEAR* Damage by F ir e A djustm ents fo r P rio r le a rs TOTAL DEDUCTIONS
VALUE OF PLANT, Ju n e 3 0 , 1951
DEDUCT* Loans Payable - U n iv e rsity of G eorgia
INVESTMENT IN P U N T , Ju n e 3 0 , 1951

$1.359,867.7U

$ 20,1+01+.55

2 5 ,7 0 0 .6 5
3,582.1i]0
121,879.91+

$ 171,567.51+

$1,531,1+35.28

$ 25,555.70 15,172.1+6
----------------- $ 1+0 , 728.16
$1,1+90,707.12
$ 26,1+71+. 12
$1,1+61+,33*00

279-

STATEMENT OF INVESTMENT IN PUNT F or Year Ended June 30, 1951

Investm ent Year B eginning A cquired Of Year

A dditions

D eductions

investm ent End
Of Year

A . LAND Campus Off-C ampus TOTAL UND
B . BUILDINGS Adams H a l l Barbecue P it Band Stand Boggs H all B rooder House C am illa H ubert H all C ollege Inn Community Hpuse C ottage 1 C ottage #2 C ottage #3 C ottage $4 C ottage #5 C o ttag e #6 C ottage #7 Cottage $8 Creamery and D airy Lab. D airy Barn Farm Shop and Cannery Fine A rts B uilding Garage Hammond H a l l H erty H all H ill H all In c u b a to r House Infirm ary In fo rm atio n House Laying House #1 Laying House #2 Masonry Shop M eldrim H a ll Morgan H a ll P a in t Shop Parsons H all Pow ell L aboratbry School Plumbing Shop Shoe Shop S to rag e House - M aintenance
Trades B uilding W hite H a ll W ilcox H a ll
TOTAL BUILDINGS

1890 $ 114, 000.00 1+00. ou
1 ill+ ,1+00.00

$ 114, 000.00 400.00
I 114, 4oo.o u

1932 19U1
1890
1938 1937 191*7 1938 1903
1908 1908
1931 1932
1908 1908
1936 1911*
1921
1938 19U7
1908
1938 1905 1938 191*7 1938 1939 1939 1939 1923 1936 1938 1890
1935 191*8
1920
1939
191*5 1921
1931*

* 64, 910.00 650.00 600.00
9, 580.00 5, 000.00 143, 010.00 11, 500.00 13, 350.00 7, 000.00 6, 200.00 7, 850.00 3, 750.00 8, 900.00 6, 150.00 8, 875.00 6, 050.00 l+,000.00 8, 580.00 16, 162,00 20, 250.00
500.00 10, 650.00 61, 500.00 122, 220.00 4, 710.00 18, 675.00
650.00 500.00 500.00
i+,660.00
123, 620.00
3 7 ,7 0 0 .0 0
1+, 6 6 0 .0 0
5 5 ,7 5 9 .0 0
15, 300.00 300.00
4, 100.00 500.00
29, 900.00
16, 576.59 80, 601.00
$ 945, 948. 59"
-280-

$ 440.00
748.18
1 ,7 7 3 .2 0
683.55 1+46*64
$ 300.00 6, 691.89 13, 860.00 107763.46 & l4 ,1 6 0 .0 0

$ 65, 350.00 650.00 600.00
10, 328.18 5, 000.00 143, 010.00 11, 500.00
13,350.00
7, 000.00 6, 200.00 7, 850.00
3 ,7 5 0 .0 0
8, 900.00
7 ,9 2 3 .2 0
8, 875.00 6, 050.00 4, 000.00 8, 580.00 16, 162.00 20, 250.00
500.00 10, 650.00 61, 500.00
122,903.55 4 ,7 1 0 .0 0
18, 675.00 650.00 500.00 500.00
4, 660.00
124,066.64
37,700.00
4, 660.00 55, 759.00 15, 300.00
4, 100.00 560.00
29, 900.00
9,1+08.48
80, 601.00
$ W 3M

Investm ent Year Beginning Acquired. Of Year

A dditions

D eductions

I n v e s t menu End
Of Year

C. IMPROVEMENTS OTHER THAN BULDGS Campus L ig h tin g System Development of a t h l e t i c f i e l d S tr e e ts and Sidew alks Steam D is trib u tio n L ines Telephone System W ater System TOTAL IMPROVEMENTS
D. EQUIPMENT A dm inistrative O ffices P hysical P lan t L ibrary I n s tr u c tio n a l D epartm ents E x te n sio n C ollege Inn D ining H a ll D orm itories F aoulty D w ellings Farm Infirm ary Student A c tiv itie s Laundry TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 55, 000.00

$ 6,315*96

7 ,2 3 2 .9 0

35, 000.00

15, 000.00

800.00

11,295*34

1 ,2 3 8 .2 9

F 10,2+11.30 1113,2+71.19

$ 55, 000.00
13,548.86
35, 000.00 15, 000.00
800.00
1 2 ,5 3 3 .6 3
$ 131,882.49

$ 14, 128.00 $ 6 ,8 3 6 .4 3

3 0 ,0 4 7 .7 6

2 ,0 3 7 .8 9

$ 20,964.43
32, 085.65

28,546.69 13,395.52

4 1 ,9 4 2 .2 1

119,482.19
456.00

5 5 .0 6 4 3 4 .5 0

119,537.25
890.50

4 ,6 8 0 .3 7
16, 380.01

272.99
$ 76I .66

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

1 5 ,6 1 6 .1 7
8, 889.78

3 ,8 0 2 .5 7

553.10

1 9 ,4 1 8 .7 4
8, 336.68

1 5 ,4 6 4 .9 5

3 ,5 1 7 .1 0

1 8 ,9 8 2 .0 5

2 ,1 6 2 .5 3

272.05

2 ,4 3 4 .5 8

13,557.70

13,557.70

11,695.70 16,688.78 11,695.70

16,688.78

F 1 ,1 0 7 .8 5 i 47, 312.09 T 2 '6 ,5 '6 8 .T 6 $ , 301, 852.58

$1*359*867*74 $171,567.54 $40,728.16 $1,490,707.12