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