5 / ' Vc 9 S o - f t 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 H p y VtrorThesiced, f be su re, voiim iscom pletw, w ith m ll is s u e r indew m v, 4- ] * ]* j1 * 1 DISTRICT S ta te a t Large ate a t L a rg e ;te a t L arg e ate at Large * 0 jS * 1c .5 o M fVX3> f O) t 1.2 c i "D l a te a t L a rg e ( .fs t 1X4- - cond ?o jp-M41- ck V3 Dr O - < mm ^ ird MOI If u u rth sE oM 3e -E >, 3n >fUi*l I f t h O Z# k> r1 *u" x1 T 1 . jfcth >ec < eCQc W e nth KV -- (V. 3 Bofc vcn Xo o. g CQ Q Z D % OCQ 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 - 2- ** M% *K f MK AW %* V h IP Q) * it* + .* * H A* Ji A* yA rJ y< 0 , 0 v - w r ~ .I ' w *> * *9 ;a #15 A' ' * *K f V* *I * if* !* %IEl m r 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-;- * I 01I ^ Jr 1 pi 7 1 1^ 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- *1* ) w * 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 44 ^ 4 ^ A $I *> m T* * > Jam es,A , B lis s it T reasu rer December 18, 1951 cl f Jk vI A\ A. AI >4 H pj i p >* * P 1 if /4 \ Vi - 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 -12- f Vv J AA >9 *A v t4 Av >V >> AA (i *4 c * -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 Pm \a p4 AK 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 si ^ ^ * ia y A. V> # A gi * ' x& 7^ . ^ Mart,- . ... * ** jU jU y fr ~ H a w * -4 V < Bf ** 4 y JL A lir \ > 4 & 4 Jtgm % 44 \ V it i r ** s** v * * * , jr 7^, yr T %. t A- V% 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 9 *V *f >1 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND INCOME For Year Ended June 30, 1951 SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s t i t u t e o f Technology N orth Ga, C ollege V aldosta S ta te C ollege JUNIOR UNITS Ga. S outhw estern C ollege M iddle G eorgia C ollege Abraham Baldw in NEGRO UNITS F o rt V alley S ta te College Savannah S ta te C ollege EXPERIMENT STATIONS Ga. E xperim ent S ta tio n Ga. C o astal P la in Exp. S ta . GENERAL Campus D evelopm ent P la n s B uilding A uthority R entals U niversity L ibrary S tate A llotm ent G ifts and G rants Govern m ental O ther Than S tate O ther # 25, 000.00 3 5 ,0 0 0 .0 0 9, 000.00 7 ,5 5 9 .0 0 50,90l+.l+2 159,91+6.00 310.00 6,1+93.13 7 ,6 3 3 .0 0 3, 500.00 17, 160.00 2 9 ,2 8 7 .8 5 10, 967.00 2, 000.00 20, 000.00 2^ , 300.00 3 5 2 ,5 3 0 .0 0 500, 000.00 5,032.1+5 3 1 ,3 5 6 .0 0 3,529.61+ T otal 25, 310.00 252,31+3.55 9, 000.00 7, 559.00 7, 633.00 3, 500.00 17, 160.00 31+/320.30 1+2, 323.00 2, 000.00 20, 000.00 2l+,300.00 352, 530.00 503, 529. 61+ TOTAL $51+3,936.85 550,90l+. 142 159,91+6.00 146,721.22 1 , 301, 508. 1+9 VK ro D * -2 3 * UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES For Year Ended June 30, 1951 SENIOR UNITS U niv. o f Ga. - A thens A tlanta D ivision Ga. I n s t , of Technology N orth G eorgia C ollege Ga. S t a t e C o l. far Women Ga. T eachers C olleg e V aldosta S ta te C ollege Land. P lan t A dditions B u ild in g s & Improvements A d d itio n s O ther Than To B u ild in g s B u ild in g s Equipm ent In d e b tedness R etired In terest On I n d e b t- edness $ 1 0 2 ,3 6 5 .6 7 3 1 ,6 3 1 .0 0 11,369.65 712,915.01 22,989.45 24,610.10 36,635.97 12,554.03 17,666.15 330,738.59 45,077.93 163,616.41 147,119.69 73,039.47 3 9 ,1 5 5 .9 8 877.47 1,112.28 12,185.97 4,000.00 23,849.50 3,618.79 3,786.74 6 ,8 0 0 .0 0 JUNIOR UNITS Ga. S outhw estern C ollege West G eorgia C ollege M iddle G eorgia C ollege South G eorgia C ollege w Abraham B ald . A g ric . C o l. i NEGRO UNITS Albany S ta te C ollege F o rt V alley S ta te C ol. Savannah S ta te C ollege 2 ,6 6 0 .0 0 15,763.40 6, 000.00 1,230.86 7,326.14 11,216.30 2,812.40 7,396.47 4,817.40 8 ,7 9 3 .4 2 7 ,3 7 0 .5 0 10,313.46 8,471.19 2,725.35 4 ,3 7 7 .5 9 1 ,6 1 9 .9 0 664.34 1 ,1 8 7 .1 6 525.42 829.84 O ther Expendi tu re s 20,066.67 1 2 ,7 2 3 .8 7 3 ,0 0 0 .0 0 1 8 ,1 3 3 .0 0 3 ,5 0 0 .0 0 3 ,5 7 1 .0 0 7 ,1 6 3 .0 0 1 ,2 9 4 .0 1 EXPERIMENT STATIONS Ga. E xperim ent S ta tio n i. 3 ,0 0 0 .0 0 1 1 ,6 1 9 .4 4 4 8 ,9 0 6 .4 0 GENERAL Campus Developm ent P la n s B u ild in g A u th o r ity R e n ta ls3 2 2 ,8 1 5 .5 8 3 5 2 ,5 3 0 .0 0 T otal 809,704.54 120,031.82 811,289.76 4 1 ,1 4 5 .7 3 7 1 ,5 3 4 .5 2 6 ,8 0 0 .0 0 3 ,0 0 0 .0 0 2 4 ,1 3 3 .0 0 8 ,5 5 7 .0 0 3 ,5 0 0 .0 0 2 2 ,8 2 2 .1 2 2 5 ,8 1 5 .3 7 9,888.35 2 2 ,6 2 4 .7 6 2 2 ,4 2 1 .5 5 1 1 ,6 1 9 .4 4 51,906.40 2 2 ,8 1 5 .5 8 3 5 2 ,5 3 0 .0 0 TOTAL $166,789.72 1,216,144.63 95,494.49 236,962.77 190,103.42 91,847.78 444,797.13 2,442,139.94 T' v# y\ I 41 ai i T Y 'l All1 - * *^ ft REGENTS ALLOTMENT ACCOUNT GENERAL A C T I V I T I E S AND FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , 1951 , \ jt % vS V /"i ^ 41 > 'y >, , * ft at | 25 REGENTS ALLOTMENT ACCOUNT BALANCE SHEET J u n e 3 0 , I 95I ASSETS GENERAL Cash in Bank Due from U n iv e r s ity System B u ild in g A u th o r ity TOTAL ASSETS ,7 8 2 8 8 .1 4 6 13, 000.00 I 95. 288.I46 LIABILITIES GENERAL A p propriations Payable U nappropriated Surplus TOTAL I I ABILI TIES AND SURPLUS 114,590.00 78, 698. 146 93, 288.146 STATEMENT OF RECEIPTS AND DISBURSEMENTS F o r Y ear Ended Ju n e 39 1951 RECEIPTS S ta te of G eorgia R egular A ppropriation S p ecial A ppropriation S p ecial A ppropriation I n te r e s t on C o n s titu tio n a l Debt TOTAL APPROPRIATION FROM STATE OF GEORGIA I n te r e s t Earned on Temporary Investm ents Repayment of Advance to Savannah S ta te C ollege T ra n sfe rs from U n its of U n iv e rs ity System Revenue C o lle c tio n s TOTAL RECEIPTS # 5, 170, 000.00 1,000,000.00 9 2 ,0 0 0 .0 0 8 ,000.00 # 6, 270, 000.00 6, 171.92 38, 000.00 10, 125, 2147.33 $l6,U 39,l9.2 DISBURSEMENTS To U n its f o r E d u c a tio n a l and G eneral O perations Revenue C o lle c tio n s R egents A llotm ent #10,125,2147.33 6, 10Q,325.15 To U n its fo r P la n t A d d itio n s O ther N on-E ducational A c tiv itie s To U niv. o f Ga. Endowment Fund U niv. System B u ild in g A u th o rity R en tals TOTAL DISBURSEMENTS #16, 2314, 572. 1+8 191, 1+06.85 102, 97l+.65 8 ,000.00 552, 550.00 #16, 889, 1+83.98 Excess of D isbursem ents over R eceipts # i+50, 061+.73 Cash B alanoe, J u ly 1 , 1959 Cash B a la n c e , Ju n e 39 1951 528, 353.19 # 78, 288.146 >4 >1 1%, vi V >i - 26#3 GENERAL ACTIVITIES BIANCE SHEET June 30, 1951 ASSETS I . CURRENT FUNDS A . GENERAL Cash i n &ank I I . PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary Investm ents TOTAL UNEXPENDED PLANT FUNDS TOTAL ASSETS LIABILITIES I . CURRENT FUNDS A . GENERAL S urplus: C en tral O ffice S o il C onservation G raduate E ducation TOTAL CURRENT GENERAL FUNDS I I . PIANT FUNDS A . UNEXPENDED Fund B alance: Developm ent P lans U n iv ersity of G eorgia L ibrary TOTAL UNEXPENDED PLANT FUNDS TOTAL LIABILITIES AND SURPLUS # 52,813.10 #105,0114.. 06 4 0 0 ,0 0 0 .0 0 #505,014.06 *557,827.16 # 27,893.67 16,106.69 8,812.74 * 52, 813.10 # 1,484.42 503,529.64 *505,014.06 *557,827.16 STATEMENT OF INCOME For Year nded June 30, 1951 I . CURRENT A. EDUCATIONAL AND GENERAL G overnm ental - S ta te o f G eorgia R egents C e n tra l O ffice S o il C o n serv atio n Committee TOTAL EDUCATIONAL AND GENERAL INCOME B . OTHER NON-EDUCATIONAL Governmental - S ta te of G eorgia G raduate E ducation fo r Negroes R egional C ouncil fo r Education TOTAL OTHER NON-EDUCATIONAL INCOME TOTAL CURRENT INCOME I I . PLANT FUNDS G overnm ental - S ta te of G eorgia Campus Developm ent P lan s B uilding A uthority R entals G ifts and G rants I la h Dunlap L ittle s ta te O ther I n te r e s t on Temporary Investm ents TOTAL PLANT FUND INCOME TOTAL INCOME At 90, 000.00 25, 000.00 !TCT/gffCT`ff * 7 5 ,0 0 0 .0 0 27, 97]+. 65 T027971 & 5 217, 97]+. 65 11 2i+,300. 00 352,530.00 500, 000.00 3,529.6]+ 880,359.6]+ . , 098, 33]+. 29 A> - 28- * iI #A ^ STATEMENT OF EXPENDITURES * o r Y ear Ended Ju n e 30, 1951 I CUKKENT A . EDUCATIONAL AND GENERAL A d m in istrativ e and G eneral R egents C e n tra l O ffice E xtension S o il C o n serv atio n Committee TOTAL EDUCATIONAL AND GENERAL B. OTHER NON-EDUCATIONAL G raduate E ducation fo r Negroes R egional C ouncil fo r E ducation TOTAL OTHER NON-EDUCATIONAL TOTAL CURRENT EXPENDITURES I I . PLANT FUNDS Campus D evelopm ent P la n s B uilding A uth o rity C entals TOTAL PLANT EXPENDITURES NON-EXPENSE: Purchase of Temporary Investm ents T otal $ 78,1+77.98 I 18,023.19 $ 96, 501.17 $ 88, 1+30.32 2 8 ,7 3 0 .0 0 $117,180.32 $213,681.1+9 $ 22,815.58 3 5 2 ,5 3 0 .0 0 $375,31+5.58 $li0 0 ,Q 0 0 .0 0 O bject C la ssific a tio n O perating P erso n al S upplies Equip S e rv ic e s & Expenses ment $62,565.37 $11, 668.79 I 7I+, 23I+. 16 i 15, 890.11 6, 351+.1+0 2 2 , 24+.51 22.50 2. 5O $ $7l+, 23I+. 16 88,1+30.32 2 8 ,7 5 0 .0 0 1 1 7 ,1 8 0 .3 2 139,1+2!+. 83 2 2 .5 0 $ 2 1 ,1 0 7 .2 3 $21,107.23 1 ,7 0 8 .3 5 3 5 2 ,5 3 0 .0 0 3 5 k ,238.35 TOTAL PLANT DISBURSEMENTS $775,31+5.58 TOTAL EXPENDITURES $ 5 8 9 ,0 2 7 .0 7 $95,31+1.39 1+93,663.18 22.50 STATEMENT OF CHANGES IN CASH BALANCES F o r Y ear Ended Ju n e 30, 1951 B alan ce J u l y 1 , 1950 R eceipts D isburse- B alan ce m ents Ju n e 3 0 , I 95I Regents C e n tra l O ffice S o il C o n serv atio n Committee Graduate E ducation Regional C ounoil fo r E ducation Campus D evelopm ent P la n s Building A u th o rity R entals Ila h D. L ittle lib r a r y Fund TOTALS $16,371.65 9 ,1 2 9 .8 8 22, 21+3.06 775.35 $1*8.519*91+ 90, 000.00 25, 000.00 75, 000.00 27,971+. 65 2l+,300.00 3 5 2 ,5 3 0 .0 0 503,529.61+ 1,098,331+. 29 78,1+77.98 1 8 ,0 2 3 .1 9 88,1+30.32 28, 750.00 22, 815.58 3 5 2 ,5 3 0 .0 0 1+00, 000.00 9 8 9 ,0 2 7 .0 7 27,893.67 1 6 ,1 0 6 .6 9 8,812.71+ 1 , 1*8!+. 1+2 103,529.61+ 1 5 7 ,8 2 7 .1 6 29 TH E U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , 1951 The U n iv e r s ity o f G eorgia A thens, Georgia 51- THE UNIVERSITY OF GEORGIA A thens, Georgia P r e s i d e n t O* C. A d e rh o ld The U n iv e rsity of G eorgia A thens, G eorgia Dear P re sid e n t Aderhold* I am s u b m ittin g h e re w ith my a n n u a l r e p o r t as C o m p tro lle r and T r e a s u r e r o f The U n iv e r s ity o f G e o rg ia , f o r th e f i s c a l y e a r en d in g June 30 1951 w hich c o n s is ts the follow ing schedules> PART I C onsolidated C o n s o lid a te d B a la n c e S h e e t . ............................ E x h i b i t A Summary o f C u r r e r t Income .............................................. E xhibit B Summary o f E x p e n d i t u r e s ............................................................................................E x h i b i t C PART I I U n iv e rsity a t Athens B a la n c e S h e e t ....................................................... ............................................. .... S c h e d u le A Summary o f Incom e ..................................................................................................... S c h e d u le B S ta te m e n t o f E d u c a tio n a l and G e n e ra l Income ..................................... S c h e d u le B - l S ta te m e n t o f G e n e ra l E x te n s io n Incom e ................... . . . . . . . S c h e d u le B -2 S ta te m e n t of A u x ilia r y E n te r p r is e s Income Schedule B-3 S ta te m e n t o f O th e r N o n -E d u c a tio n a l Income ..........................................S c h e d u le B-I4. Summary o f E x p e n d itu re s ..................................... .... Schedule C S ta te m e n t o f E d u c a tio n a l and G e n e ra l E x p e n d itu re s ........................ S c h e d u le C - l S ta te m e n t o f G e n e ra l E x te n s io n E x p e n d i t u r e s ....................... Schedule C-2 Statem ent of A u x iliary E n terp rises Expenditures Schedule C-3 S ta te m e n t o f O th e r N o n -E d u c a tio n a l E x p e n d i t u r e s .............................S c h e d u le C-I4. Statem ent of O perations of R e stric te d Funds . . . Schedule D Statem ent of T ru st Fund B alances Schedule E S ta te m e n t o f T r u s t Fund B a la n c e s b y F u n d s .......................................... S c h e d u le E - l Summary o f T r u s t Fund In v e s tm e n ts ..................................... .... Schedule E-2 D e t a il o f Endowment, Governmental Bonds Schedule E -2 -1 D e t a i l o f Endowment, Common S to c k S c h e d u le E -2 -2 D e ta il of Loan Fund, G overnm ental Bonds Schedule E -2-3 D e t a i l o f Loan F u n d , Common S to c k S c h e d u le E - 2-I4. S ta te m e n t o f E e o e ip ts an(* D is b u rs e m e n ts , T r u s t Funds S c h e d u le E -2 -5 S tatem ent of Changes in Cash Balances Schedule F S tatem ent of Agency Funds Sohedule G S tatem en t o f Unexpended P la n t Funds S chedule fl Statem ent of Investm ent in P lan t Sohedule H -l S tatem ent of Investm ent" in B uildings Schedule H-2 S tatem en t of Improvements O ther Than B u ild in g s Schedule H-3 S ta te m e n t o f In v e stm e n t i n Equipm ent S o h ed u le H-i* PART I I I A gricu ltu ral Extension Service B a la n c e S h e e t ..................................... ...................... * ............................... S c h e d u le I S tatem en t of C u rren t Income Schedule J S ta te m e n t o f C u r r e n t E xp en ses ..................................... S c h e d u le K S ta te m e n t o f O p e r a tio n s o f R e s t r i c t e d Funds ...................................... S c h e d u le L S tatem ent of Agency Funds . . Sohedule M S tatem ent of Changes in Cash B alances Schedule N PART IV A tlan ta D ivision B a la n c e S h e e t ....................................................................................... ...................... S o h e d u le 0 S ta te m e n t o f C u r r e n t Inoam e .............................................................................. S o h e d u le P S ta te m e n t o f C u r r e n t E x p e n d itu re s .............................................. S c h e d u le Q Statem ent of Changes in Cash B alances Schedule R S tatem ent of Agency Funds * Sohedule S Statem ent of Unexpended P la n t Funds -55 Schedule T Summary o f In v e s tm e n t i n P la n t S ch ed u le U S ta te m e n t o f I n v e s tm e n t i n P l a n t .......................................... S o h e d u le U -l PART V G eorgia A g ric u ltu ra l Experim ent S ta tio n B a la n c e S h e e t ....................... . . . . . . .............................................. . . S o h ed u le V S ta te m e n t o f C u r r e n t Incom e . ............................................................ S o h ed u le W S ta te m e n t o f C u r r e n t E x p e n d i t u r e s ................... . .................................... .... S o h e d u le X S ta te m e n t o f O p e r a tio n s o f R e s t r i c t e d Funds ................................. S c h e d u le Y S ta te m e n t o f A gency Funds . ....................... S c h e d u le Z S ta te m e n t o f C hanges i n C ash B a l a n c e s ............................ S c h e d u le AA S ta te m e n t o f Unexpended P l a n t Funds ................... . . . . . . . . S o h e d u le BB Summary o f In v e stm e n t in P la n t . S o h ed u le BB-1 S ta te m e n t o f In v e s tm e n t i n P l a n t ........................ . S o h e d u le BB-2 PART VI G eorgia C o astal P la in Experim ent S ta tio n B a la n c e S h e e t ............................ ..................................................................................S o h ed u le CC S ta te m e n t o f C u r r e n t Inoome .................................................................... S c h e d u le DD S ta te m e n t o f C u r r e n t E x p e n d itu re s ................................................................... S o h e d u le EE S ta te m e n t o f O p e ra tio n s o f R e s tr ic te d Funds . . S ohedule FF S ta te m e n t o f C hanges i n C ash B a l a n c e s .......................................................... S o h e d u le GG S ta te m e n t o f Unexpended P la n t Fluids S c h e d u le HH Summary o f I n v e s tm e n t i n P l a n t ............................ S o h e d u le HH-1 S ta te m e n t o f In v e stm e n t in P la n t S ohedule HH-2 R espectfully subm itted, D ated a t A thens, G eorgia A ugust 31 1951 / s / J . D. Bolton J . D. BOLTON C om ptroller and T reasu rer SCOPE T his re p o rt i s assem bled on a b a s is o f cash r e c e ip ts and d isb u rse m e n ts, w ith th e e x c e p tio n o f th e B alance S h e e t, w hich r e f l e c t s a l l known a s s e ts and l i a b i l i t i e s , including both accounts re c e iv a b le and accounts payable. The r e p o r t em braces a l l u n its o f th e U n iv e rs ity o f G eo rg ia, in c lu d in g U n iv e rsity of G eorgia, A thens, G eorgia; G eneral E xtension S erv ice, A thens, G eorgia; A tlan ta D ivision of the U n iv ersity of G eorgia, A tla n ta , G eorgia; A g ric u ltu ra l E xtension S e rv ice, A thens, G eorgia; G eorgia A g ric u ltu ra l Experim ent S ta tio n , E xperim ent, G eorgia; and th e G eorgia C oastal P la in Experim ent S ta tio n , T ifto n , G eorgia. A separate accounting is m aintained fo r each u n it and, th e re fo re , th e re p o rt is arranged in six p a rts , as follow s: Part I C onsolidated - A ll U nits Part II U n iv e rsity of G eorgia - In clu d in g G eneral E xtension S e rv ic e , A thens, G eorgia Part III A g ric u ltu ra l E xtension Service P a r t IV A tla n ta D iv isio n o f the U n iv e rsity o f G eorgia Part V G eorgia A g ric u ltu ra l Experim ent S ta tio n P art VI G eorgia C oastal P la in Experim ent S ta tio n INCOME CONSOLIDATED The fo llo w in g summary g iv e s th e so u rc e o f income and th e p e rc e n ta g e o f e a c h ite m to the to ta l fo r E ducational and G eneral purposes only. Source Student Fees S tate A llotm ent Federal A ppropriations O ther P ublic A p p ro p riatio n s Endowment G ifts and G rants S ales and S erv ices O th er TOTALS Amount $ 2 ,7 8 5 ,0 8 8 .8 9 2 ,5 4 6 ,4 8 9 .1 5 1 ,7 6 6 ,8 7 7 .8 3 1 1 7 ,7 0 3 .4 4 2 2 ,6 4 8 . *=0. 2 4 6 ,1 7 L .2 L 7 0 8 ,2 5 4 .3 5 . . .64.796.7L 8 .2 5 8 .0 2 9 .8 ? Percent 3 3 .7 3 30.84 2 1 .3 9 1 .4 3 .27 2 .9 8 8 .5 8 .7 8 1 0 0 .0 0 EXPENSES The fo llo w in g is a statem en t of E d u catio n al and G eneral ex p en d itu res by fu n c tio n s and th e p e rcen tag e of each fu n c tio n to th e t o t a l . F u n c tio n A dm inistration S tudent W elfare Physical P lant L ibraries In s tru c tio n - R esident R esearch Services R elated to In stru c tio n E xtension TOTALS and R esearch Amount $ 1+79,300.39 119,186.38 566,777.91 286,7U9.17 2,656,870.72 1,13!+, 362.6k 1+09,507.38 2,035,730.39 $7,655,1+61+7^ Percent 6.23 1.55 7.37 3.73 3U.56 1I4..75 5.33 26.1+8 100.00 THE UNIVERSITY OF GEORGIA, ATHENS, GEORGIA INCOME The fo llo w in g ta b le r e f l e c t s th e com parative E d u c a tio n a l and G eneral Income and p e rc e n ta g es o f income t o th e t o t a l fo r a th re e y ear p e rio d . Source 191+8-1+9 Amount Percent 191+9-50 Amount Percent 1950-51 Amount Percent Student Fees Endowment F e d e ra l S tate S ta te D epartm ent H ealth O ther S ta te s V ocational U. S . Navy R esearch C larke County Q ther C ounties G ifts and G rants R en ts O ther V eteran s Guidance TOTALS $1,981+, 231 1 6 ,1+00 82,61+1 1,077,000 1 ,11+2 131,093 H+,987 29,095 9i+,355 1,1+51 38,533 3!+, 768 $3,505.9"6- 5 6 .6 0 $1,61+3,565 .1+7 17,700 2.36 8 8 ,01+2 30.72 1,306,799 .03 3,368 2,250 3.71+ .1+3 .83 11+7,171 7,91+1+ 28,782 l+,620 2.69 .01+ 1.10 1+8,619 2,231+ 2 2 ,1+26 .99 32,377 100. $3,355,897 1+8.97 $1,666,295 .53 22,61+8 2 .6 2 86,953 38.91+ 1,1+62,323 .1 0 5,233 .07 2,895 1+.38 lli+,082 .21+ 5,121 .8 6 32,1+06 .11+ 3,805 1.1+5 11+7,653 .07 l,7i*5 .67 8,267 .96 28,369 100.0(5 I375B77795" 1+6.1+!+ .63 2 .1+2 1+0.76 15 08 3.18 ll+ .90 .11 1+.12 O5 .23 .79 100. O -36 EXPENSES The fo llo w in g ta b le p re s e n ts a com parison of ex D en d itu res fo r E d u c a tio n a l and tiw General purposes fo r four y e ars. f F u n c tio n 1947-1+8 191+8-1*9 191*9-50 1950-51 fl * A dm inistration $ 145,329 1 161 ,9 8 9 $ 135,688 $ 161*, 081 G eneral H+4,377 11*1,618 165, 1+28 160,796 P lant O perations 318,027 367,01*5 310,122 37l+,087 L ib ra ry 180,395 191,255 186,061 220, 1*02 In s tru c tio n (N et) 1 , 675,626 1, 829,010 1 , 852,631 1 ,7 9 7 ,0 6 3 Research (N et) 162,679 237,969 232,900 191,1+78 S ervices R elated to In s tru c tio n (N et) 5,901 13,972 5l+,5ll+ 36, 01*8 E xtension (N et) S u b -T o ta l 21+1.857 271+.351+ 233,1+76 63,891+ $ 2 ,8 7 4 ,1 9 1 $3, 217,212 $3, 170,820 $3,007,81*9 O utlay TOTALS 988,373 799,950 117,799 61,1+57 $3, 662, 561* " $1*7017,162 $ 3 ,2 8 6 ,6 1 9 $ 3 ,0 6 9 ,3 0 6 The fo llo w in g ta b le i s a com parison o f th e p re c e d in g e x p e n d itu re s , e x p re sse d in percentages to the to ta l. F u n c tio n P ercen t 191*7- 1*8 Percent 191+8-1*9 Percent 191+9-50 Percent 1950-51 A dm inistration G eneral P lant O perations L ibrary In stru ctio n R esearch if' S erv ices R elated to In s tr u c tio n (N et) E x te n sio n O utlay TOTALS 3.76 3.71+ 8.23 4 .6 7 1+3.38 1*. 21 .16 6 .2 6 25.59 10.0 1+.03 3 .5 3 9.11+ 1+.76 U5.53 5 .9 2 .3 5 6.83 19.91 100.00 1+.13 5 .0 3 9.1+3 5 .6 6 56.33 7 .0 8 1.66 7 .1 0 3 .5 8 1 0 .0 0 5 .3 5 5.21+ 12.19 7 .1 8 5 8 .5 5 6.2+ 1.17 2.08 2 .0 0 --------- l'V'' The fo llo w in g ta b le i s a stu d y of I n s t r u c t i o n a l C o st by S ohools and C o lle g e s . T hese f i g u r e s in c lu d e O u tla y and a l l o th e r I n s t r u c t i o n a l C o s t, e x c e p t th e Summer Q u a r te r . The f ig u r e s f o r th e S ch o o l of E d u catio n in c lu d e V o c a tio n a l A g r ic u ltu r a l T eacher ^ r a in in g . V o c a tio n a l Home Econom ics T e a c h e r ^ r a i n i n g , D e m o n stra tio n S c h o o l and P h y s ic a l E d u c a tio n . The c o s t o f th e Dean o f F a c u ltie s O ffic e i s p ro ra te d to a l l sc h o o ls and c o lle g e s . School or C ollege 191+7-1+8 191+8-1*9 I 9I+9- 5O 1950-51 1. A griculture 2. A rts and S ciences 3 B u s in e s s A d m i n i s t r a t i o n 1*. E d u c a tio n 5* F o r e s t r y 6. G ra d u a te 7* Home Econom ics 8. J o u r n a lis m 9* Law 10. M ilita ry 11. Pharmacy 12. V eterin ary M edicine (N et) m TOTALS $ 222,309 706,150 112,1+67 2ll+, 292 32,759 38,51+7 86, 1*83 27,580 51,106 i+,683 32,978 92,023 $ 1 ,6 2 1 ,3-77 $ 237,890 707,059 135,293 236,773 33,1+25 l+l+,920 86,1*81 29,751 58,228 4 ,7 1 0 1+0,333 120, 1+22 $ 1 ,7 3 5 ,2 8 5 $ 21+8,966 666,765 125,867 235, 801* 37,187 1+7,697 82,768 28,820 61,170 U .527 1+5,870 11+9,305 n,-?3i*,7it6 -3 7 - $ 236,697 638,587 123,780 251+.103 37,379 1+2,302 76,010 29,225 5 9 ,7 0 2 5 ,3 5 9 1+7,871+ 160,500 $ 1, 711,510 m * The number o f q u a rte r h o u rs ta u g h t by eaoh S c h o o l o r C o lle g e i s shown in th e f o llo w in g t a b le . H o u rs ta u g h t in M i l i t a r y S c ie n c e and th e G rad u ate S c h o o l are shown under th e sc h o o l or o o lle g e in w h ich the stu d e n t is m a jo rin g . School or C ollege 1. A griculture 2. A rts and Sciences 3* B u s in e s s A d m i n i s t r a t i o n 1+. E d u c tio n 5* F o r e s tr y 6 . Home E conom ics 7* J o u r n a lis m 8 . Law 9* Pharm acy 10. V e te rin a ry M edicine TOTALS 191+7-1+8 # 29,190 153,1461 1)8,553 17,688 7 ,3 9 0 6,291 10,382 i i i , 931 5 ,9 3 8 3,699 1297,523 19148-1+9 # 30,1485 11+3,388 5 1 .7 5 7 28,007 7,710 5 .8 l|lt 10,709 11,560 7.077 8 ,2 2 2 4301+.759 191+9-50 1950-51 # 26,750 133.597 38,217 32,361 6 ,1 8 8 6,072 7.51)2 9 ,9 7 0 6,302 11,111 # 22, 01+5 110,529 31. 081+ 27,166 1+.151+ 5,803 5,720 7,851 5,21+3 11,508 " *'S3,13 The fo llo w in g ta b le i s a com parison of c o s t per s tu d e n t q u a rte r hour by Schools and C olleges fo r a fo u r year p e rio d . . School or C ollege 1. A griculture 2. A rts and S ciences 3* B u s in e s s A d m i n i s t r a t i o n 1+. E d u c a tio n 5* F o r e s t r y 6 . Home Econom ics 7* J o u r n a lis m 8 Law 9* Pharm acy 10. V e te rin a ry M edicine TOTAL AVERAGE I 9I+7-I+8 $ 7*62 1+.60 2.32 1 2 .1 2 4.1+3 13.75 2 .6 6 3.1+2 5 .5 5 21+. 88 , 5.1)5 191+8-1+9 # 7.80 1+.93 2 .6 1 8.1+5 1+.31+ 11+.80 2 .7 8 5 . ol+ 5 .7 0 H4.65 t 5.69 191+9-50 1950-51 $ 9.31 1+.99 3 .2 9 7 .3 1 6 .0 1 1 3 . 61) 3*82 6.12+ 7 .2 8 13.1|1+ $ 6.2i+ #10.71+ 5*78 3*98 9 .3 5 9 .0 0 13.10 5 .1 1 7 .6 0 9 .1 3 13.95 " F 7.1+1 INCOME AND EXPENSES AUXILIARY ENTERPRISES D e ta ils o f income from A u x ilia r y E n te r p r is e s i n amount o f $ 1 ,1 9 9 ,5 3 2 .5 6 a re shown i n S chedule B-5* The D e ta ils o f E xpenses am ounting t o $1,129,885.91+ a re shown i n S ohedule C The B alance S h eet Schedule A r e f le c ts re se rv e fo r R ep airs and R eplacem ents of #22^,291*98, a f te r s e ttin g up a re se rv e fo r In v e n to rie s . GENERAL EXTENSION AND CORRESPONDENCE The fo llo w in g summary i s a com parison o f th e O p e ra tio n s o f G e n e ra l E x te n s io n and C o rre sp o n d e n c e f o r t h e p a s t f o u r y e a r s . P r i o r t o I 9I+7-I+8 t h i s s e r v i c e was o p e r a te d as a u n it of th e U n iv e rsity System of G eorgia. Income Student Fees S tate A llotm ent O th er TOTAL 191+7-1+8 191+9-1*9 19+9-50 1950-51 Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t $113,21+9 78.01 31,925 21.99 -- -- $11+5, 171* 100.00 $235,660 1+0,000 568 $ 276,228 85. 3I 11+.1+8 .21 100.00 $213,096 53,700 -- $260,796 79.87 20.13 -- 1 0 0 .0 $272,367 1*1*,300 --$316,667 86.01 I 3.99 -- 10. Expenses A d m in istrativ e Gen. P lan t O perations In stru c tio n Services R elated In s t. E xtension TOTAL $ 36.665 22. 5I+ 3,233 1.99 1*1,895 25.75 16,518 IO.15 61+.367 3 9 .5 7 $162,678 100.00 $ 23,186 1,196 99,1*1+7 23,811+ 73,1+52 $201,095 10.1+9 . 5I+ 1+1+.98 10.77 33.22 100.00 $ 23,926 1,196 112,317 29,709 82,851 $21+9,999 9.57 .1*8 I4I+.93 11.88 33.II+ 10.00 $ 25,152 1,053 130,665 25,831 87,286 $269,987 9. 3I 39 1+8.1+0 9 .5 7 32.33 100.0 D u rin g t h e c u r r e n t y e a r we had t o re fu n d t o th e V e te ra n s A d m in is tr a tio n $ 3 ,2 0 1 .0 2 f e e s c o l l e c t e d d u r in g 191+9-50 and i t i s e n t i r e l y p o s s ib le t h a t o th e r r e f u n d s w i l l be r e q u e s te d . TRUST FUNDS The U n iv e rs ity h o ld s funds in t r u s t as fo llo w s: Co r p u s Endowment Funds Loan Funds M is c e lla n e o u s FUnds T o ta l T ru st Fund Corpus $2,287,653.^46 1 8 ,6 5 3 .8l+ 15,50^.1*1 $ 2 ,9 2 1 ,8 1 1 .6 9 Reserves for Purposes of T rust Endowment Funds Loan Funds T o ta l T ru st Fund R eserves TOTAL CORPUS AND RESERVES $ 35,538.65 1 5 5 ,2 0 6 .3 8 $ 190,71*5.03 A summary of th e s e funds i s shown in th e B alance S h e e t S chedule A. S ta te m e n t of T ru s t Fund B a la n c e s i s shown i n S chedule E and a s ta te m e n t o f th e in d iv id u a l fu n d s show ing b a la n c e s i s shown i n S c h e d u le E - l , Sum m aries o f T r u s t FUnd in v e s tm e n ts a r e shown i n S chedules E -2 -1 , E -2 -2 , E -2 -3 , E-2-1+, and E-2-5* S ta te m e n t o f R e c e ip ts and D isbursem ents o f T ru s t Funds i s shown i n S ch ed u le E -2 -6 . T here i s an u n am o rtized b a la n c e o f $1+25,257*77 due t o T r u s t Funds from th e U n iv e r s i t y on b u ild in g s . T h is b alan ce i s b e in g am ortized over a p e rio d o f 20 y e a rs a t T here i s a b a la n c e due th e T ru s t Funds o f $ 1 3 ,6 6 5 .3 3 on H. H. H in to n p r o p e r ty on Ja o k so n S t r e e t , p u rc h a s e d b y th e U n i v e r s i t y i n 191+9* T h is p r o p e r ty i s r e n te d f o r $ 7 5 .0 0 p e r month and a p p lie d on t h i s lo a n . Loans t o t a l i n g $51*8,300.00 bo d a te have b een made from T r u s t Funds t o th e U n iv e r s ity on C la rk e H ow ell and Mi H e d g e Annex W ings. T h is w i l l be a m o rtiz e d o v er a p e r io d o f 30 y e a r s a t 3$ i n t e r e s t . Loans from T ru st Funds to o th er u n its of th e U n iv e rsity System being am ortized over a perio d of 20 years a t a re: N orth G eorgia C o lleg e, Dahlonega, G eorgia Savannah S ta te C o lle g e , Savannah, G eorgia -39-. $36,198.62 $26,1+71*.12 There is an unam ortized balance of $85,953.37 due th e T ru st Funds from various f r a t e r n i t i e s , r e p r e s e n tin g lo a n s on t h e i r homes These lo an s a re b e in g a m o rtiz e d over a period of tw enty years a t 4-l/2?6. AGENCY FUNDS The U n i v e r s i t y h o ld s ag en cy fu n d s am ounting t o $250, 795. 72. M ost o f t h e s e fu n d s b e lo n g t o th e v a r i o u s s t u d e n t a c t i v i t i e s , and th e y a re l i s t e d i n S c h e d u le G. AGRICULTURAL EXTENSION SERVICE The fo llo w in g i s a summary com parison o f income and p e rc e n ta g e o f income to t o t a l fo r three years. Source S ta te o f G eorgia C larke County F ed eral Funds G ifts and G rants O ther TOTAL and p e rc e n ta g e s. 1943-49 1949-40 Amount P e rc e n t Amount P e rc e n t 1950-51 $ 1+81,000 4 ,1 2 0 1 ,1 6 5 ,6 2 8 28.23 $ 1+1+4,000 .24 4,320 68.42 1 , 219,618 25.80 $ 4 3 5 ,2 0 0 .25 4 ,3 2 0 70.86 1, 250,947 24.95 .25 71.72 a 1 1* 5 2 ,6 3 8 3.09 53,067 3.08 53,809 3 .0 8 294 .0 2 214 .01 20 iJ $ 1 ,7 0 3 ,6 8 0 1 0 0 .0 0 $ 1 ,7 2 1 ,2 1 9 1 0 0 .0 0 i l , 71+1+, 296 1 0 0 .0 0 1 >, by o b je c ts o f e x p e n d itu r e , i s p r e s e n te d b elo w in amounts 1 O bject S a la r ie s and Wages T rav el O perating Supplies & Expenses E quipm ent TOTAL 1948-49 191+9-50 1950-51 Amount P e rc e n t Amount P e rc e n t Amount P e rc e n t $1,333,017 284,1+40 52,213 8,657 $1,678,327 79.42 16.95 3 .1 1 .52 :WO. 00 $1,316,827 305,126 118,120 9,868 H ,749,9U 1 75.25 17.1+4 6.75 .56 TOO. 60 $ 1 ,3 2 6 ,9 9 0 340,786 101,146 4,205 * T ,7 ? 3 ,1 2 7 7 U .8 4 19.22 5 .7 0 .2 4 160.00 +H 1fiM ,*J < V arious c o u n tie s of th e S ta te expended $529*525*58 w hich was d isb u rse d by th e co u n ties in c o o p eratio n w ith th e A g ric u ltu ra l E xtension S e rv ic e , and of th is amount $273,345.86 was used f o r o f f - s e t a g a in s t F e d e ra l Funds. The fo llo w in g i s a statem en t by p ro je c ts o f a l l e x p e n d itu re s d isb u rse d by b oth th e A g ric u ltu ra l E x te n sio n S erv io e and th e v a rio u s c o u n tie s . T his sta te m e n t a ls o in d ic a te s th e amount of F e d e ra l Funds u sed . S ta te and County funds used fo r o f f - s e t , and funds n o t used fo r o f f - s e t, by each p r o je c t. P roject A dm inistration P ublications County A gents Work (W hite) Home Demon. Work (W h ite) Home Im provem ent N utrition T e x tile s and C lo th in g F ed eral Funds 1 27,098.88 3 7 ,9 3 4 .3 8 6 6 6 ,5 7 7 .2 2 1 8 1 ,2 6 0 .1 4 3, 715. 31* 7 ,2 2 6 .8 4 2 ,8 7 7 .0 0 O ff-Set Funds $ 2,831.80 1 4 ,9 2 3 .6 7 272,791.08 278,484.35 2, 117.20 3 ,7 0 6 .5 1 2 ,1 1 4 .9 4 Funds N ot Used As O ff-S e t $ 14,872.81+ 9 4 8 .5 4 166,489.07 101,099.21+ 151.80 15.17 T otal E x p en d itu re s i4h,803.52 5 3 ,8 0 6 .5 9 1 ,1 0 5 ,8 5 7 .3 7 560,81+3.73 5,981+. 3I+ 1 0 ,9 4 8 .5 2 4 ,9 9 1 .9 4 -40- No. Pr oj e c t F ederal Funds O ffset Funds Funds Not Used As O f f - S e t T otal E x p en d itu re s 6d U t i l i z a t i o n 6 C h ild D evelopm ent 6 f Home I n d u s t r i e s 5 Negro County A gents Work 5a N egro Home Demon. Work 6 6-H C lub ^ o r k 7 Economics and M arketing 7a R esearch and M arketing 7c G eo rg ia Eggs 8a B eef C a t t l e and Sheep 8b D a ir y in g 8c P o u ltr y 8e Swine 9 Agronomy 10 H o r t i c u l t u r e 11 A g r i c u l t u r a l E n g in e e rin g 11a Farm H ousing 12 F o r e s t r y lk S o il C onservation 17 R e c r e a tio n 19 Bee C u ltu re TOTAIS $ 7,362.96 3,738.91+ 3 ,5 7 1 .0 2 96, 520.03 5 5 ,0 7 3 .2 2 66, 055.60 31,1426.1+0 3,84+.87 5 ,2 0 5 .1 5 3,866.1*2 1 5 ,6 6 2 .5 9 9, 21*0.00 6, 620.00 21, 1+78.26 12, 361*. 66 10, 128.63 61*0.00 1 , 1*78.11 1 ,5 7 5 .0 0 1* ,298.61 5 ,0 9 3 .0 9 # 1 ,2 6 5 ,9 1 1 .1 6 $ 3,677.08 # I 7.52 2 ,0 8 8 .8 1 31.99 2 ,0 9 9 .9 9 - :---- 16, 067.26 1*8.80 10,096.1*7 3O9. I +2 16, 21*9.16 3,718.71+ 21,11*7.76 71.96 3 .8 7 7 .2 7 I 6. I 7 5 ,1 7 2 .7 5 --- 2 ,8 3 3 .1 6 38.75 i+,162.53 3 ,7 9 3 .9 1 2, 826.58 6, 678.56 7 ,1 2 0 .5 1 1*7.81 12.23 7,785.1+9 3,696.1*5 6,1461.07 --- 357.55 6l . l *6 --- 7 ,2 3 2 .3 0 --- 3,21+5.00 --- 2,1*11*. 1*9 --- 3.25 I+6.05 #697, 51*5. 15" $ 3 0 6 ,5 0 9 .3 6 ID ----------- (2j $ 11,037.56 5,859.71+ 5, 671.01 110,636.09 65,1+79.11 61*, 023.30 52, 61*6.12 7 ,7 3 8 .3 1 1 0 ,3 7 7 .9 0 6 ,7 3 6 .3 3 26,91*5.63 1 3 ,0 8 1 .7 2 7, 1+58.81 35,91+2.31 16,1*13.66 16, 651.16 61*0.00 11,955.61 1 ,5 7 5 .0 0 6 ,7 1 6 .3 5 5,139.11+ $ 2 ,2 6 9 ,9 6 5 .6 7 (1 ) Of t h i s am ount # 2 7 3 ,3145.86 was d is b u r s e d by th e v a r io u s c o u n t i e s . (2 ) Of t h i s amount #256,179.72 was d isb u rse d by th e v a rio u s c o u n tie s . The above sch ed u le does n o t in clu d e o th e r m isc e lla n e o u s funds w hich are a u x ilia r y to the main program . The fo llo w in g sch ed u le in d ic a te s th e funds to be o f f - s e t and th e manner in w hich they were o f f - s e t. Funds to be O ff-S et T otal To be O ff-S e t Non O ff-S e t FEDERAL FUNDS Sm ith-L ever and Bankhead-Jones B an k h ead -F lan n ag an Capper-K etoham A dditional C ooperative Farm H ousing R esearch and M arketing No rris-D o x e y Clarke-M oNary TOTAL FEDERAL FUNDS $ 668,110.80 5 2 3 ,8 2 2 .6 9 3 7 ,8 5 6 .9 5 2 6 ,6 3 2 .7 0 660.OO 9, 050.02 1 , 620.00 1 , 620.00 $1, 269, 151.16 #11*6,617.69 5 2 3 ,8 2 2 .6 9 1 7 ,8 5 6 .9 5 --------- 9, 050.02 1 , 620.00 1 , 620.00 #700,785.15 $521,293.31 -------- 20, 000.00 2 6 ,6 3 2 .7 0 660.OO --- ----- ---- $568, 366.01 Funds Used as O ff-S e t T otal Used as O ff-S e t Non O ff-S e t STATE AND COUNTY FUNDS S ta te and O ther Funds County (D isbursed by C o u n ties) TOTAL STATE AND COUNTY FUNDS $ 676,528.93 5 2 9 ,5 2 5 .5 8 #1 . 001+, 056. 51 #1*27,639.29 2 7 3 ,3 6 5 .8 6 #700,765.15 $ 67,089.66 2 5 6 ,1 7 9 .7 2 $303, 269.36 PART I TEE UNIVERSITY OF GEORGIA CONSOLIDATED E xhibit A E xhibit B E xhibit C -44 I . CURRENT FUNDS A. GENERAL Cash in Banks and on Hand Accounts Receivable Temporary Investm ents TOTAL GENERAL B. RESTRICTEDCash in Bank Accounts R eceivable TOTAL RESTRICTED C. AUXILIARY Cash in Bank Inventories Accounts Receivable TOTAL AUXILIARY D. GENERAL EXTENSION Cash in Bapk Accounts R eceivable TOTAL GEN. EXTENSION TOTAL CURRENT FUNDS I I . AGENCY FUNDS Cash i n Bank Notes Receivable TOTAL AGENCY FUNDS I I I . ENDOWMENT FUNDS Investm ents IV . LOAN FUNDS Cash i n Bank Investm ents Due from Endowment TOTAL LOAN FUNDS V. PLANT FUNDS Cash i n Bank Value o f P lan t TOTAL PLANT FUNDS TOTAL ASSETS U niversity Athens CONSOLIDATED BALANCE SHEET f June *0, 1451 ASSETS A tla n ta D ivision AgricuL tu r a i E x ten sio n S e r v ic e Geor s ia Experiment S ta tio n Coastal Plain S ta tio n Exhibit A Total $ 285,981.61 88,032.35 - _- 374.013.96 $ 287,855.05 104,320.74 375.197.88 767.373.67 $ 15,020.62 -- _- _ $ 15.020.62 $ 7,220.31 -- -- $ 7.220.31 $ 8,073.65 -- -- $ 8.073.65 V 604,151.24 192,353.09 375.197.88 $ 1.171.702.21 $ 69,641.34 - __ 1 69.641.34 -. -- $ 8,090.35 ------- ----- $ 3.090.35 $ 110,215.63 5.908.39 $ 116.124.02 $ 9,330.25 $ -- $ 9,330.25 _ S 197,277.57 5 .9 0 8 .3 9 203.185.96 $ 219,918.35 47,834.54 7.665.06 * 275.417.96 $ 94,090.75 - 28,232.08 39.652.18 161.975.01 -- ---- __ _ -- _- ... -- -_ - ---- $ 314,009.11 76,066.62 47.317.24 437.392.97 $ 91,842.12 . 48.567.38 140.409.50 $ 859.482.76 -- -- $ 929.348.68 - __ -- $ 23.110.97 _- --- $ 123.344.33 ------- ------- $ 17.403.90 $ 91,842.12 48.567.38 140.409.50 $ 1.952.690.64 1 250,795.72 ------- ---- $ 250.795.72 $ 13,839.82 2.046.47 $ 15.886.29 $ 23,781.11 --_ $ 28.781.11 ________ $ 293,416.65 -- 2.046.47 $ 295.463.12 $ 2 .343.967.04 $ 2.343.967.04 $ 61,328.07 707,261.61 -- -- 20.774.95 ------- ----- -- $ 789.364.63 -- --- -- --- $ 61,328.07 707,261.61 20.774.95 789.364.63 $ 264,952.13 $ 62,968.18 13 .0 6 0 .2 4 2 .0 1 ___ L .1 2 4 .7 5 7 .0 8 $ 83.392.84 $1.187.725.26 _ $ 83,392.84 $17,568,804.29 $2,132,960.23 $135,284.92 $ 6,000.00 1 .0 0 9 .0 9 4 .0 6 $1.015.094.06 $ 1 ,1 3 8 ,4 3 8 .3 9 $ 11,014.38 798.450.50 $809,464.88 $826,868.78 $ 344,934.69 16,075.936.49 $16,420,871.18 $21,802,356.61 Ml R ** * * * j g*- I . CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserves Accounts Payable Surplus TOTAL GENERAL B. RESTRICTED Fund B alances C. AUXILIARY Purchase Orders Outstanding Reserves Surplus TOTAL AUXILIARY D. GENERAL EXTENSION Purchase Orders Outstanding Surplus 'TOTAL EXTENSION TOTAL CURRENT FUND^ I I . AGENCY FUNDS Fund Balances I I I . ENDOWMENT FUNDS Fund B alances Due Other Funds Reserves TOTAL ENDOWMENT FUNDS IV. LOAN FUNDS Fund B alances Reserves TOTAL LOAN FUNDS V. PLANT FUNDS Unexpended Due Other Funds Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES U niversity Athens CONSOLIDA. TED BALANCE SHEET June 50, 1951 A tla n ta D ivision LIABILITIES A gricultural E x ten sio n Service Georgia Experiment S ta tio n C oastal Plain S ta tio n Exhibit A T otal $ 18,075.50 $ 9,747.54 $ 4,038.20 $ 6,826.77 $ 38,688.01 76,448.71 32,459.25 108,907.96 6 ,6 3 6 .7 5 6 ,6 3 6 .7 5 260.94 547.25 34.62 842.81 272.853.00 724.905.94 15.020.62 2 .6 3 4 .8 6 1.212.26 1.016.626.68 H 374.013.96 $ 767.373.67 $ 15.020.62 $ 7.220.31 $ 8.073.65 $ 1.171.702.21 69.641.34 $ 3,291.44 4 7 ,8 3 4 .5 4 224.291.98 i _ 275.417.96 $ 5,522.60 134.886.90 $ _ 140.409.50 1_ 859.482.76 $ 9,339.55 28,232.08 124.403.38 $ 161.975.01 -- -- $ 929.348.68 $ 8.090.35 ---- -- --- $ 23.110.97 $ 116.124.02 -- - ---- $ 123.344.33 $ 9.330.25 -- mm mm mm $ 17.403.90 $ 203.185.96 $ 12,630.99 76,066.62 348.695.36 $ 437.392.97 $ 5,522.60 134.886.90 $ 140.409.50 $ 1.952.690.94 250.795.72 $ 2.,2 8 7 ,6 5 3 .4 4 20,774.95 35.538.65 I_L .343.967.04 $ 634,158.25 155.206.38 $ 789.364.63 $ 15.886.29 --mm"rnm^-- -- $ 23.781.11 -- ___ -- --- --_ -- $ 295.463.12 -- $ 2,287,653.44 20,774.95 35.538.65 $ 2.343.967.04 -- $ 634,158.25 155.206.38 $ 789.364.65 $ 264,952.13 973,557.77 - I L ,086.684.24 $13.525.194.14 $17,568,804.29 $ 62,968.18 1.124.757.08 $1.187.725.26 $2,132,960.23 8 3 .3 9 2 .8 4 $ 83*392.84 $135,284.92 $ 6,000.00 $ 11,014.38 1.009.094.06 798.450.50 $1.015.094.06 $809.464.88 $1,138,438.39 $826,868.78 $ 344,934.69 973,557.77 15.102.378.72 $16.420.871.18 $21,802,356.61 A. EDUCATIONAL AND GENERAL Student Fees Public Appropriations S tate - Regular Federal Other TOTAL APPROPRIATIONS Endowment G ifts and Grants S a le s and S erv ices Other TOTAL EDUCATIONAL AND GENERAL B. AUXILIARY Dormitories Dining H alls Other TOTAL AUXILIARY C. OTHER TON EDUCATIONAL G ifts and Grants TOTAL CURRENT INCOME D. PLANT FUNDS S tate o f Georgia Sale o f Property Other TOTAL PLANT FUNDS TOTAL INCOME NON INCOME TOTAL RECEIPTS CONSOLIDATED STATEMENT OF RECEIPTS For Year Ended June 30, 1951 U niversity Athens $ 1 ,9 3 8 ,6 6 2 .6 6 A tla n ta D ivision 846.426.23 A gricultural E x ten sio n Service Georgia Experiment S ta tio n C oastal P la in S ta tio n E xhibit B Total $ 2,785,088.89 $1,506,622.50 137,109.92 113.383.44 1 .7 5 7 .1 1 5 .8 6 $ 250,000.00 -- -- _JL 250.000.00 $ 22.648.51 $ 147.653.34 $ 427.924.02 $ 38.380.79 8 .9 5 8 .9 0 $4,332,384.98 $1,105,385.13 $ 282,390.64 439,113.98 - . _ -- 478.027.94 _ L 251.689.12 $1,199,532.56 251.689.12 $ 11.139.31 $5,543,056.85 -- $ 1 ,3 5 7 ,0 7 4 .2 5 $ 435,200.00 1,250,947.83 4 .3 2 0 .0 0 $1,690,467.83 $ 53.808.79 $ 20.30 $ 1 ,7 4 4 ,2 9 6 .9 2 --- -- --_ ___ 31.744.296.92 $150,000.00 378,820.08 ___ $528,820.08 $ 36.009.08 $159`.779 .21 $ 13.578.66 $738,187.03 _ __ - --... ... $738,187.03 $204,666.65 -- ... $204,666.65 $ 8.700.00 $120,551.12 $ 3.858.06 $337,775.83 ... ... ... ... $337,775.83 $ 2,546,489.15 1,766,877.83 117.703.44 $ 4.431.070.42 $ 22.648.31 $ 246.171.21 $ 708.254.35 $ 64.796.71 $ 8.258.029.89 $ 282,390.64 439,113.98 729.717.06 $ 1,451.221.68 $ 11.139.31 $ 9.720.390.88 2 5 ,0 0 0 .0 0 310.00 3 7 .1 5 8 .5 1 $ 62.448.31 $ 5 ,6 0 5 ,5 0 5 .1 6 $ 564.283.71 $ 6 ,1 6 9 ,7 8 8 .8 7 ___ $1.357.074.25 $ 504.00 $1,357,578.25 -- ---- $1.744.296.92 $1,744,296.92 2, 000.00 $ 2.000.00 $740.187.03 $ 2.500.00 $742,687.03 20,000.00 $ 20.000.00 $357.775.83 $357,775.83 $ 47,000.00 310.00 57.138.31 $ 84.448.31 $ 9.804.839.19 $ 567.287.71 $10,372,126.90 - >, I. - **. ite ---- - i/A jy a g M si liiM H fr A. EDUCATIONAL AND GENERAL Adminis tr a tio n Student Welfare Physical Plant Library In str u c tio n Research Services Related E x ten sio n TOTAL EDUCATIONAL AND GENERAL B. AUXILIARY D orm itories Dining H alls Other TOTAL AUXILIARY C. OTHER NON EDUCATIONAL Scholarships Awards TOTAL NON EDUCATIONAL D. PLANT FUNDS Additions Debts Retired Interest on Debts TOTAL PLANT TOTAL EXPENSE NON EXPENSE TOTAL DISBURSEMENTS CONSOLIDATED STATEMENT OF EXPENDITURES For Year Ended June 30, 1951 Exhibit C U niversity Athens A tla n ta D ivision $ 250,422.67 100,522.54 380,933.85 221,010.04 2,040,035.23 250,217.32 409,507.38 307.406.89 $3,960,055.92 $ 111,252.86 18,663.84 117,223.80 54,601.85 616,835.49 -- -- _ $ *918.577.84 A gricultural E x ten sio n Service 1 44,803.52 -------- -- -- -- ------- 1.728.323.50 1.773.127.02 Georgia Experiment S ta tio n $ 50,474.70 -- 38,879.64 6,478.15 -- 609,939.47 -- --- $705.771.96 C oastal P la in S ta tio n $ 22,346.64 -- 29,740.2 4,659.13 -- 274,205.85 -- --- $330.952.24 Total $ 479,300.39 119,186.38 566,777.91 286,749.17 2,656,870.72 1,134,362.64 409,507.38 2.035.730.39 $ 7.688.484.98 $ 244,784.79 445,446.34 439.654.81 $ 1 ,1 2 9 .8 8 5 .9 4 -- -- $ 126.994.51 126.994.51 -- --------- -- -- -- -- - ---------- $ 244,784.79 445,446.34 566.649.32 $ 1.256.880.45 $ 13,218.97 49.70 $ 13.268.67 -- --- -- - -- -- --- -- -------- $ 13,218.97 49.70 $ 13.268.67 $ 760,514.54 36,635.97 12.554.03 $ 809.704.54 $5.912.915.07 $ 6.756.98 $5,919,672.05 $ 120,031.82 -- ----------- - $ 120.031.82 $1.165.604.17 $ 100.197.88 $1,265,802.05 - __ ------------ - -- -, $1.773.127.02 - -i- - $1,773,127.02 $ 11,619.44 -- ___ $ 11.619.44 $717.391.40 $ 1.000.00 $718,391.40 $ 51,906.40 -- -- ----------- $ 51.906.40 $382.858.64 $382,858.64 $ 944,072.20 36,635.97 12.554.03 $ 993.262.20 $ 9.951.896.30 $ 107.954.86 $10,059,851.16 PART I I THE UNIVERSITY OF GEORGIA A thens, G eorgia Schedule A - Sohedule H -k BAIANOE SHEET Ju n e 3 0 , I 95I Schedule A ASSETS I . CURRENT FUNDS A . GENERAL Cash on Hand and in Bank Accounts R eceivable TOTAL GENERAL FUNDS 4 285,981.61 88, 032.35 $ 37J4.O i3.96 B. RESTRICTED Cash in Bank $ 69,641.34 C . AUXILIARY Cash in Bank in v e n to rie s Accounts R eceivable TOTAL AUXILIARY FUNDS $ 219,918.36 4 7 ,8 3 4 .5 4 7, 665.06 # 275,417.96 D. GENERAL EXTENSION Cash in Bank A c c o u n ts Re s o lv a b le TOTAL GENERAL EXTENSION TOTAL CURRENT FUNDS $ 91,842.12 4 8 ,5 6 7 .3 8 " $ 140,409.50 $ 8 5 9 ,4 8 2 .7 6 I I . AGENCY FUNDS Cash in Bank $ 250,795.72 I I I . ENDOWMENT FUNDS Investm ents t U. S . S e c u ritie s O ther Bonds P r e f e r r e d and Common S to c k R e a l E s t a t e Owned Loans to F ra te rn itie s U n iv ersity of G eorgia B uildings R eal E s ta te Notes $ 1, 384, 600.00 152, 000.00 15,859.46 3 5 .9 0 0 .0 0 23. 500.00 7 3 1 ,9 4 3 .8 6 _________ I 63.72 TOTAL ENDOWMENT FUNDS I 2,343,967.04 IV . STUDENT LOAN FUNDS & MISC. FUNDS Cash in Bank and on Hand $ U. S. S e c u ritie s 200,380.00 Notes R eceivable - S tu d en ts Common S to c k s 111,237.99 1.00 Loans to F r a te r n itie s Savings Account 6 2 ,4 5 3 .3 7 i 5. 237.27 U niv. of G eorgia B uildings N orth G eorgia C ollege - B u ild in g Loan 241,613.91 36,198.62 H. H. H inton P ro p erty i 3. 665.33 S av an n ah S t a t e C o lle g e - B u ild in g Loan__ 2 6 ,4 7 4 .1 2 Due from Endowment Funds TOTAL STUDENT LOAN & MISC . FUNDS 6 1 ,3 2 8 .0 7 707,261.61 2 0 ,7 7 4 .9 5 $ 7 8 9 ,3 6 4 .6 3 ASSETS (C o n tin u e d ) V. PLANT FUNDS A . UNEXPENDED Cash in Bank B EXPENDED Land B uildings Improvements O ther th a n B uildings E quipm ent TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS Schedule A $ 264,952.13 $ 267,925.00 9,552,847.146 4 4 9 ,7 6 4 ,2 0 2, 709, 705.35 $13, 060, 242.01 $ 1 3 ,3 2 5 ,1 9 4 .1 4 $ 1 7 ,5 6 8 ,8 0 4 .2 9 LIABILITIES I . CURRENT FUNDS A . GENERAL Purchase O rders O utstanding Unearned Income Reserve fo r M ilita ry Leaves Reserve fo r Insurance G eneral Surplus TOTAL GENERAL FUNDS $ 18,075.50 7 6 ,4 4 8 .7 1 4, 316.00 2,320.75 2 7 2 ,8 3 3 .0 0 $ 374,013.96 B. RESTRICTED Fund B alances $ 69,641.34 C . AUXILIARY Purchase O rders O utstanding Reserve fo r In v e n to ries R eserve fo r R epairs and R eplacem ents TOTAL AUXILIARY FUNDS $ 3 ,2 9 1 .4 4 4 7 ,8 3 4 .5 4 224,291.98 $ 275,417.96 D. GENERAL EXTENSION Purchase O rders O utstanding S u rp lu s TOTAL GENERAL EXTENSION $ 5 ,522.60 134,886.90 $ 140,409.50 TOTAL CURRENT FUNDS 8 5 9 ,4 8 2 .7 6 I I . AGENCY FUNDS Fund B alances 2 5 0 ,7 9 5 .7 2 I I I . ENDOWMENT FUNDS Fund B alances Due t o o th e r Funds Reserve fo r Purpose of T ru st $ 2,287,653.44 2 0 ,7 7 4 .9 5 35,538.65 TOTAL ENDOWMENT FUNDS $ 2,343,967.04 LIABILITIES (C o n tin u ed ) Schedule A IV . STUDENT LOAN FUNDS & MISC. FUNDS Fund B alances Reserve fo r Purpose of T ru st 6 3 4 ,1 5 8 .2 5 155*206.58 TOTAL STUDENT LOAN FUNDS & MISC. FUNDS 789*36^.63 V. PLANT FUNDS A . UNEXPENDED Fund B alance 264,952.13 B . EXPENDED Due t o O th er Funds Invested in P lan t TOTAL EXPENDED l 973,557.77 1 2 ,0 8 6 ,6 8 4 .2 4 13, 060, 242.01 TOTAL PLANT FUNDS 1 3 ,3 2 5 ,1 9 k 14 TOTAL LIABILITIES & SURPLUS 1 7 ,5 6 8 ,8 0 k 29 SUMMARY OF INCOME For Year Snded June 30, 1951 Schedule B Student Fees P ublic A ppropriations S ta te o f G eorgia F e d e ra l O ther Endowment G ifts and G rants S a le s and S erv ices D orm itories D ining H a ll Cow T e s t Egg T e st P rin tin g Shop S tores Laundry O ther TOTAL INC CUE NON INCOME TOTAL RECEIPTS C urrent Funds E ducational A u x ilia ry O ther NonAnd G en eral E n te r p r is e s E d u c a tio n a l P lant Funds T otal 1 , 938, 662.66 1 , 938, 662.66 1, 506, 622.50 1 3 7 ,1 0 9 .9 2 113,383.k+ 22,61+8.31 11+7,653.34 l+27,92k 02 3 8 ,3 8 0 .7 9 4,3J2,3BU .9U 13,727.1^2 2 8 2 ,3 9 0 .6 4 4 3 9 ,1 1 3 .9 8 2 1 ,6 1 2 .5 9 10, 615.79 4 1 ,7 5 5 .8 5 4 0 0 ,0 1 0 .3 9 i t . 035.38 1 ,1 9 9 ,5 3 2 .5 6 7, 000.00 1 1 ,1 3 9 .3 1 11, 139.31 3 ,9 4 6 .2 9 25, 000.00 1 , 531, 622.50 137,109.92 113,383.^44 2 2 ,6 4 8 .3 1 158,792.65 310.00 428, 23k 02 2 8 2 ,3 9 0 .6 4 4 3 9 ,1 1 3 .9 8 2 1 ,6 1 2 .5 9 10,615.73 1*1.755.85 4 0 0 ,0 1 0 .3 9 l t . 033.38 37, 138.31 7 5 ,5 1 9 .1 0 62,448.31 5,605,505.16 693.937.95 718,611.66 4, 346, 112.40 1 , 206, 532.56 15, 085.60 7 5 6 ,3 8 6 .2 6 6 ,3 2 4 ,1 1 6 .8 2 -5 2 - STATEMENT OF CURRENT INCOME F o r Year Ended. Ju n e 30, 1951 Schedule B -l A. EDUCATIONAL AND GENERAL STUDENT FEES Non R e sid e n t T u itio n M atriculation P ractice School N ursery School A tla n ta A rea Summer N o n -R e s id e n t T u i t i o n Summer M a t r i c u l a t i o n Infirm ary D iplom a E ealth M iscellaneous TOTAL STUDENT FEES G eneral Income R estricted Income T otal 531,476.88 837,247.24 1 ,0 6 0 .0 0 2 ,8 5 9 .5 0 # 7 7 ,0 8 9 .4 5 142,285.42 3 ,6 9 6 .7 0 7 ,3 8 0 .5 0 4 8 ,6 9 1 .4 0 5 ,9 9 5 .7 9 jr & r .l& J S S " 531,476.88 8 3 7 ,2 4 7 .2 4 1 ,0 6 0 .0 0 8, 512.50 2 ,8 5 9 .5 0 8, 512.50 7 7 ,0 8 9 .4 5 1 4 2 ,2 8 5 .4 2 3 ,6 9 6 .7 0 7 ,3 8 0 .5 0 4 8 ,6 9 1 .4 0 5 ,9 9 5 .7 9 "11Y666;'295'.3B PUBLIC APPROPRIATIONS S ta te of G eorgia Regular O perations 1 , 462, 322.50 V ocational funds D ept, of H ealth - M ental H ealth O ther S ta te s V irg in ia - For A grio. Educa. R elations L ouisiana - For A g rie. Eduoa. R elations A rkansas - For A grio. Educa. R elations U nited S ta te s M o rrill-N e lso n Fund D ept, o f'H e a lth - For M alaria Navy D epartm ent - For R esearch D ept, of A g ric u ltu re - For Ag. Engr D e p t, o f A g r i o . - F o r Home Economic B eef V ocational C o unties and C itie s C larks County - D em onstration School Richmond C ounty - F o r S urveys H a ll County - For Surveys Cherokee County - For Surveys Baldwin County - For Surveys G a in e sv ille , Ga. - For Surveys TOTAL PUBLIC APPROPRIATIONS 1 ,4 2,322."5"0 69, 045.53 5 ,2 3 2 .7 9 i,4> o.oo 9 9 5 .0 0 500.00 68, 990.00 4 ,3 3 7 .7 8 5, 120.50 1 1 ,6 2 5 .1 3 2 ,0 0 0 .0 0 4 5 ,0 3 6 .5 1 3 2 ,4 0 5 .5 4 9 8 0 .0 0 875.00 400.00 674.58 875.00 250,493.36 1 ,4 6 2 ,3 2 2 .5 0 6 9 ,0 4 5 .5 3 5 ,2 3 2 .7 9 1 ,4 0 0 .0 0 995.00 500.00 68, 990.00 4 ,3 3 7 .7 8 5, 120.50 11, 625.13 2 ,0 0 0 .0 0 4 5 ,0 3 6 .5 1 3 2 ,4 0 5 .5 4 980.00 875.00 40O.OO 674.58 875.00 ENDOWMENT Alumni L ib ra ry Fund Alumni Y.M.C.A. Fund Denmark, B. A. & T . N. Fund F ran k lin C ollege Fund F ra n k lin , Mary J . Fund G ilm er, George R. Fund L andscrip Fund T e r r e ll, W illiam Fund U n iv ersity of G eorgia Foundation W ashington, Hugh V. TOTAL ENDOWMENT 55- 850.00 200.00 2 ,0 8 5 .0 0 8 ,0 0 0 .0 0 200.00 500.00 7 ,2 4 5 .0 0 700.00 1 , 21*3.33 1 ,6 2 4 .9 8 22,648.31 1 850.00 200.00 2, 085.00 8, 000.00 200.00 500.00 7 ,2 4 5 .o o 700.00 1.21*3.33 1 ,6 2 4 .9 8 2 2 ,6 4 b. 31 Schedule B -l G eneral Income GIFTS AND GRANTS FROM PRIVATE SOURCES Amerio a n Cyanamid Company Am erican Potash-Company Anonymous Atomic E nergy Commission Borden Company C arnegie Foundation C h ilean N itr a te E d u c a tio n a l Fund C e n tr a l Soya Company C orning G lass Works Emory U n iv e rs ity F o rb es Company G eneral Educa. Board - For A g ric. Educa. R elatio n s G eneral Educa. Board - For A rt D epartm ent G eneral Educa. Board - For M athem atical L ib rary G eneral M ills - For N u tritio n G eorgia O airy A sso c ia tio n G eorgia P o u ltry Improvement A sso. I n te r n a tio n a l M in eral and Chem ical C orp. Jew ish Fund S o u th ern Ic e Cream M fg. S outhern R egional C ouncil - V e terin ary M edicine S ta te C ooperative A ssociation Tennessee C orporation - For Copper Tennessee C orporation - For Pine N u tritio n T.V.A. - For M eat R esearch V iking Fund - For Geography TOTAL GIFTS AND GRANTS R estricted Income ^ 6OO.OO $ 1 , 200.00 800.00 3 ,7 5 8 .7 1 2, 000.00 5 ,0 7 9 .8 8 6 ,8 7 5 .0 0 5OO.OO 600.00 6, 300.00 5O.OO 8 ,8 7 5 .2 1 6, 925.00 35, 000.00 2, 500.00 750.00 250.00 2, 1*00.00 100.00 1 , 000.00 58, 000.00 147.36 300.00 500.00 2 ,3 9 2 .1 8 750.00 $11*7,653.34 $ T otal 600.00 1 , 200.00 800.00 3. 758. 7I 2, 000.00 5 ,0 7 9 .8 8 6, 875.00 5OO.OO 600.00 6, 300.00 50.00 8, 875.21 6, 925.00 35, 000.00 2, 500.00 750.00 250.00 2, 400.00 100.00 1 , 000.00 58, 000.00 147.36 300.00 500.00 2 ,3 9 2 .1 8 750.00 11*7*855.5U SALES AND SERVICES A gric. E ducation R elations C ream ery D airy Farm F ie ld Experim ents Food P rocessing H o rtic u ltu re Farm L iv esto ck Farm L iterary Q uarterly Meat C uring P la n t P oultry P lant T.V .A . Meat R esearch U niversity Press V eterinary C lin ics TOTAL SALES AND SERVICES $ 2 8 ,5 6 2 .4 6 $ 28,562.1*6 $ 115,115.69 115,115.69 35,985.77 3,061*. 81 3 5 ,9 8 5 .7 7 3 .0 6 4 .8 1 7 ,6 7 7 .7 0 7 ,6 7 7 .7 0 7 ,9 6 1 .6 5 8,652.81 7 ,9 6 1 .6 5 8. 652.81 3 ,7 0 1 .5 9 110,027.13 1 9 ,1 5 7 .9 6 1*7.08 3 ,7 0 1 .5 9 11*3, 027.13 1 9 ,1 5 7 .9 6 4 7 .0 8 26,31*6.95 2 6 ,3 4 6 .9 5 28,622.1*2 28,622.1*2 $ 3 9 9 ,3 6 1 .5 6 " 1 6ft c;6'2' HE F 1i27.Q21l.0 2 OTHER SOURCES A gric. E xtension Service F ire Loss Insurance Ga. S e c u ritie s - F in a l Payment M iscellaneous R ents from P ro p erty 1*,000.00 876.85 2,865.02 l*7l*. 62 1,71*5.40 1*,000.00 876.85 2,865.02 474.62 1 ,7 4 5 .4 0 Schedule B -l G eneral Income R estricted Inoome T otal OTHER SOURCES (C o n tin u e d ) Savannah D ivision - T ransfer V eteran s Guidance TOTAL OTHER SOURCES $ 50.00 2 8 ,3 6 8 .9 0 $ 38,380.79 $ 50.00 2 8 ,3 6 8 .9 0 1 38,380.79 TOTAL EDUCATIONAL AND GENERAL INCOME $3.557.81+7.73 $1+57,869.97 $1+,0 1 5 ,7 1 7 .7 0 NON INCOME T ra n sfe r from T ru st Funds T ra n sfe r from S p e c ia l R e st. Funds TOTAL EDUCA. AND GENERAL RECEIPTS B. GENERAL EXTENSION STUDENT FEES Co rre s p o n d e n c e Columbus C en ter G a in esv ille Center P art-tim e & S p ecial Servioe A udio-V isual A tla n ta C enter Rome C e n te r Savannah C enter W aycross N egro Columbus C en ter TOTAL STUDENT FEES PUBLIC APPROPRIATIONS S ta te of Ga. - R egular O perations TOTAL GENERAL EXTENSION INCOME C. AUXILIARY ENTERPRISES DORMITORIES A* A* A* B arrack s Brown Camp W ilk in s C andler H all C larke Howell C oordinate Law D o rm ito ry Lucy Cobb Mary Lyndon MiH edge H a ll Mi H edge Annex P rivate T railers R utherford H all Sm all D orm itories S o u le V eterans Housing P ro je c t TOTAL DORMITORIES $ 1 2 ,0 3 7 .1+2 $ 12,037.1+2 1 1 , 690.00 1 , 690.00 $ 3 ,5 5 9 ,5 3 7 .7 3 $ > 9 ,9 0 7 .3 9 $1+,029 ,1+1+5.12 Schedule B-2 $ 55, 366.99 52, 292.00 17, 71+0.76 22, 693.93 13, 317. 148 H + ,3 6 3 .5 0 37,141+3.07 28,352.143 2 0 ,6 6 8 .1 2 1 0 ,1 2 9 .0 0 $ 272,367.28 $ 55,366.99 5 2 ,2 9 2 .0 0 17,71+0.76 2 2 ,6 9 3 .9 3 13,317.1+8 H+,3 6 3 .5 0 37,1+1+3.07 28,352.1+3 2 0 ,6 6 8 .1 2 10, 129.00 $ 272,367.26 $ l4l+,300.00 $ 316,667.28 $ 5,186.50 1 9 ,5 6 7 .0 0 22, 861. 21+ 6,1487.65 1 0 ,1 1 6 .3 0 8 ,8 2 8 .1 3 31,39i*.i+3 6,1(25.35 9, 501+. 00 13, 329.00 20, 31+2.30 7, 013.50 2,61+6* 05 18,71+0.50 1 ,5 3 7 .5 0 16, 96!+.1+6 81,1+1+6.73 $ 282,390.61+ 1 M (, 300.00 $ 316,667.28 Schedule B-3 $ 5,186.50 1 9 ,5 6 7 .0 0 22,861.21+ 6,1+87.65 1 0 ,1 1 6 .3 0 8 ,8 2 8 .1 3 31. 39W 43 6,1+25.35 9, 501+. 00 1 3 ,3 2 9 .0 0 20, 31+2.30 7 ,0 1 3 .5 0 2,61+6.05 18,71+0.50 1 ,5 3 7 .5 0 16, 96!+. 1+6 81,1+1+6.73 ~ 1 282,390.61+ -55- S ch ed u le B-3 DINING HALLS C afeteria C oordinate Denmark Lucy Cobb Mi H edge Annex T ea Room TOTAL DINING HALLS G eneral Income R estricted Income $ 126,52l+. 16 9 6 ,8 1 0 .5 0 9 5 ,1 7 8 .0 6 35,^467.09 66, 996.00 1 8 ,1 3 8 .1 7 1+39,113.98 T otal $ 126, 521+. 16 96, 810.50 95, 178.06 5, 1467.09 66, 996.00 18, 138.17 $ 1+39,113.90 OTHER Cow T e s t i n g Egg C o n test P rin tin g D epartm ent U niversity S tores U n iv e rsity Laundry TOTAL OTHER TOTAL AUXILIARY INCOME $ 21,612.59 1 0 ,6 1 5 .7 3 U , 755.85 1+00,010.39 U ,033.38 $ 1478,027.914 1 ,1 9 9 ,5 3 2 .5 6 $ 21,612.59 10,615.73 41,755*85 i+oo, 010.39 l t . 033.38 $ 1+78, 027.914 $1 , 199, 532.56 NON INCOME T ran sfer from Educa, & G eneral $ 7, 000.00 $ 7,000.00 TOTAL AUXILIARY RECEIPTS $1 , 206, 552.56 $1 , 206, 532.56 D. OTHER NON EDUCATIONAL GIFTS AND GRANTS Hamer Thompson - G ertha Thompson S c h o la rsh ip U. D. C . - G els on Webb S c h o la r s h ip C e n tra l F lo r id a Pan H a lle n io A sso. - L ois Drawdy S cholarship S tudent A c tiv itie s - P rises Gladys Beach - E a rl Jen k in s S c h o la rsh ip James F . Byrnes Foundation - Grace M ille r S c h l. M rs. R. D urr - P o u ltry S cholarships M rs. A. I . Dupont - M argaret Sanders S cholarship Ga. Feed A sso c ia tio n - S c h o la rsh ip s K roger G rocery Company - S c h o la rs h ip s S ears Roebuck - C arolyn Chambers S c h o la rsh ip S ears Roebuck - A g ric u ltu ra l S cholarships S e a r s R oebuck - Home Econom ics S c h o la r s h ip s Seedmans - S ch o larsh ip s Edward S h o rte r - A rt S c h o la rsh ip s Student A c tiv itie s - O ohestra S cholarships S o u th e a s te rn C oal Company - B i l l D ingus S c h l. S o h e d u le B-1+ $ 783. 5O $ 200.00 783.50 200.00 25O.OO 60.00 100.00 5OO.OO 1, 600.00 500.00 1 , 000.00 800.00 150.00 1 , 833.30 800.00 1+00.00 212.51 1 , 350.00 600.00 25O.OO 60.00 100.00 500.00 1 , 600.00 500.00 1 , 000.00 800.00 150.00 1 , 833.30 800.00 1+00.00 212.51 1 , 350.00 600.00 TOTAL OTHER NON EDUCATIONAL INCOME * u . 139.31 $ 11, 139.31 TRANSFERS From T ru s t Funds From Agency Funds TOTAL TRANSFERS $ 1 , 762.17 $ 2,181+. 12 3,9146.29 $ 1 , 762.17 2,181+. 12 3,91+6.29 TOTAL OTHER NON EDUCATIONAL RECEIPTS -5 6 - $ 2 7 ,1 2 3 .0 2 $ 27, 123.02 TOTAL CURRENT INCOME NON INCOME RECEIPTS TOTAL CURRENT RECEIPTS S c h e d u le B-l- G eneral Income R estricted Income T otal #5f 074, 047.57 $1469,009.28 $5.51*3.056.85 $ 8, 690.00 $ 15.983*71 $ 214,673.71 #5,082,737*57 $1*84,992.99 $ 5 .5 6 7 .7 3 0 .5 6 SUMMARY OF EXPENDITURES For Year Ended June 30, 1951 Schedule C C urrent Funds E d u catio n al A u x ilia ry O ther Non- P la n t & G eneral E n terp rises E ducational Funds T otal EDUCATIONAL & GENERAL Admin. A G eneral S tu d e n t WeI f cure P lan t O perations L ibrary In stru ction R esearo h Services R elated to I n s t. E xtension AUXILIARY D orm itories D ining H alls Cow T e s t Egg T e st P rin tin g Shop S to re s OTHER NON EDUCATIONAL S c h o la rsh ip s Awards PLANT A dditions to P lan t Indebtedness R etired I n t e r e s t on In d eb ted n ess TOTAL EXPENDITURES NON EXPENSE $ 250,1422.67 100,522.51* 380,933.85 221, 010.014 2,0140,035.23 2 5 0 ,2 1 7 .3 2 1+09,507.38 307,1+06.89 6 ,9 8 8 .2 2 21*2,306.1*8 1*1*0,936.1*3 22,371*.60 1 2 ,0 0 7 .9 9 . 62,676.93 31+2,595.29 257,1*10.89 100,522.51+ 380,933*85 221,010.01* 2,01*0,035.23 2 5 0 ,2 1 7 .3 2 1*09,507.38 307,1+06.89 21+2,306.1*8 1*1*0,936.1*3 22, 371*. 60 1 2 ,0 0 7 .9 9 6 2 ,6 7 6 .9 3 31*2,595.29 1 3 ,2 1 3 .9 7 1+9.70 13,218.97 1+9.70 760,511*.5l+ 760,511*. 51* 36,635.97 36,635.97 12,554.03 12,554.03 #3, 960, 055.92 1 , 129, 885. 91+ 1 3 ,2 6 8 .6 7 809, 70/*. 5/+ 5, 912, 915.07 1 0 6 ,89!*.93 5l* ,190.00 161,081**93 TOTAL DISBURSEMENTS #1+,0 6 6 ,9 5 0 .8 5 l,18l+ ,O 75. 9U 1 3 ,2 6 8 .6 7 809,701*.5l+ 6 ,0 7 l* ,0 0 0 .0 0 57- STATEMENT OF CURRENT EXPENDITURES F o r Y ear Bnde d Ju n e 30 1951 Schedule C -l EDUCATIONAL & GENERAL ADMIN. AND GENERAL A ccounting O ffice Alumni O ffic e C om ptroiler*s O ffioe G eneral P resident*s O ffioe P u b lic ity Bureau R eg istrar* s O ffioe S ta tis tic a l Bureau V eterans A dm inistration S esquioentennial TOTAL ADMIN. & GEN. Fund C la s s ific a tio n G eneral R estricted * 31,991*-14 6 ,0 0 0 .0 0 11, 409.70 60, 413.99 27, 343.68 10, 931.38 35, 239.08 14. 992.15 4, 252.22 21. 451.15 $ 224, 027.49 1,243.33 1 ,2 4 3 .3 3 O bject C la ssific a tio n O perating S alaries S u p p lie s & Wages & Expense Equipment 27, 139.37 6 ,0 0 0 .0 0 11. 109.96 24, 238.85 2 6 .8 3 7 .9 7 8 .5 8 0 .9 6 2 5 ,8 4 7 .1 9 14, 685.62 4. 092.96 5, 152.93 153,685.81 4 ,8 5 4 .7 7 2 9 9 .7 4 3 6 ,1 7 5 .1 4 1 ,7 4 9 .0 4 2,350.1*2 9 ,0 0 4 .0 9 306.53 159.26 1 6 ,2 9 8 .2 2 71, 197. 1 387.80 3 8 7 .So STUDENT WELFARE D ir. of Student L ife $ 9,809.80 Dean o f Men 1 8 ,8 8 5 .5 9 Dean o f Women 20,239.49 Placem ent 7 ,8 4 7 .8 6 Student H ospital 4 2 ,2 0 6 .8 0 V oluntary R eligious A sso. 1 ,3 3 3 .0 0 TOTAL STUDENT WELFARE $ ,1 0 0 ,3 2 2 .5 4 200.00 00.00 9, 260.00 1 8 ,llj9 .8 8 1 9 ,1 5 0 .2 6 7 ,1 7 9 .9 6 3 1 ,5 8 4 .0 4 1 , 533.00 86, 857.14 549.80 735.71 1 ,0 8 9 .2 3 597.90 1 0 ,6 2 2 .7 6 13. 595.u o 70.00 7. PHYSICAL PLANT G eneral Jan ito rs R epairs , Grounds TOTAL PIANT $ 178,839.62 1 1 0 ,8 0 0 .3 0 6 5 ,8 0 4 .6 0 1 4 ,9 0 6 .5 9 370,351.11 9, 530.00 9. 530.00 1 6 ,6 8 3 .1 8 104, 321.18 3 0 ,3 7 3 .2 5 12, 072.05 163,454*66 168,883.79 6 ,3 8 5 .0 7 3 5 ,4 2 6 .3 5 2 ,8 3 4 .5 4 1 3 ,5 2 9 .7 5 2,802.65 94.05 2, 896.76 LIBRARY $ 200,714.56 20,295.48 120,516.72 7.930.96 92,562.36 INSTRUCTION Dean Of F a c u l t i e s $ A griculture Dean*s O ffioe Ag. Economics Ag. E ngineering Agronomy Animal Husbandry, D airy Food Technology H orticulture Landscape A rch itectu re P lan t Pathology P o u ltry Husbandry A rts and S ciences Dean's O ffioe A rch. & A nthropology A rt 1 8 ,0 3 5 .3 7 36.U 37.2J 11, 325.20 3 9 ,2 8 1 .3 2 1 9 ,8 3 0 .1 5 1 6 ,5 4 2 .5 8 1 7 ,1 9 9 .2 8 1 0 ,3 9 7 .5 7 1 2 ,9 5 1 .8 7 18,343-09 6 ,7 2 1 .2 0 11,026.41 1 6 ,8 3 5 .3 1 6, 680.33 5 8 ,5 0 8 .4 5 5, 000.00 4, 000.00 6 ,0 0 0 .0 0 6 ,0 0 0 .0 0 5, 147.36 4, 000.00 3, 000.00 1 ,0 0 0 .0 0 17,279.51 3 0 ,0 7 3 .8 1 1 6 ,0 6 4 .3 0 4 1 ,8 3 3 .5 7 2 3 ,9 1 7 .1 3 2 1 ,7 9 7 .5 2 2 1 ,2 2 5 .7 1 9 ,9 1 0 .5 9 1 6 ,5 0 9 .8 4 1 7 ,3 0 8 .1 4 9 ,4 2 1 .9 2 10, 632.96 1 4 ,3 3 9 .7 6 6 ,5 5 0 .0 2 5 6 ,9 5 5 .3 9 755.86 6 ,2 2 5 .9 2 220.40 1 , 207.40 1 ,4 7 3 .2 9 4 4 5 .0 6 1 ,1 2 0 .9 3 486.98 348.41 835.04 299.28 393. U5 2 ,4 9 5 .5 5 91.09 2 ,1 5 4 .1 6 137.50 40.50 240.35 439.73 300.00 9 3 .6 2 199.91 3 9 .2 2 398.90 Schedule C -l O bjeot C la s s ific a tio n O perating Fund C la s s ific a tio n S alaries S u p p lie s G e n e ra l R e s t r i c t e d St Wages St E xpense E quipm ent INSTRUCTION (C o n tin u e d ) A rts and S ciences G.E.B. A rt $ B iology B o tan y C hem istry C lassics Drama E nglish Geography & Geology H istory M athem atics Modern Languages M usio N ursing E ducation P h ilo so p h y P h y sic s P o litic a l Science Psychology R eligion S o c io lo g y B usiness A d m in istratio n E d u catio n G eneral P hysical E ducation P ractice School Voc. Ag. Tea. T raining Home E c . T e a . T r a i n i n g F orestry G raduate Home Econom ics J ournalism Law M ilita ry Science Pharmaoy V eterin ary M edicine Dean*s O ffice Anatomy & H is to lo g y Physiology & Pharm acology V et. Pathology C l i n i c s St M e d ic in e H ygiene Regents P ro fe sso rs 4 ,5 2 1 .7 3 4 8 ,6 0 3 .5 4 3 0 ,2 5 5 .5 6 5 0 ,0 1 0 .7 5 7 ,6 7 2 .4 6 1 2 ,4 5 6 .7 8 6 1 ,1 0 4 .9 7 2 7 ,3 8 1 .3 2 28, 530.18 40, 231.01 48, 671.05 3 9 ,9 7 0 .9 6 8O5.55 8 ,8 4 1 .3 9 3 4 ,1 9 5 .5 0 22, 026.70 2 6 ,8 3 7 .2 3 4 ,4 6 1 .9 3 2 2 ,0 4 3 .4 9 1 2 1 ,4 7 5 .3 2 7 9 ,1 1 0 .0 8 5 1 ,9 5 6 .9 2 2 7 ,9 9 6 .0 3 1 0 ,4 8 7 .3 1 6 ,1 7 3 .8 4 3 0 ,9 8 5 .3 3 41, 856.28 7 3 ,2 0 9 .3 7 2 8 ,9 1 7 .0 5 5 9 ,0 7 3 .2 0 5 ,3 0 2 .9 3 4 5 ,3 6 9 .2 2 14,827.89 7,9li+-28 1 1 ,2 5 9 .2 3 8 ,2 6 1 .1 2 7 2 ,0 0 3 .4 1 1 1 ,1 6 5 .2 0 4 ,9 9 9 .8 0 4 ,5 2 1 .7 3 2, 000.00 2, 000.00 2, 700.00 2, 990.00 2, 000.00 3, 000.00 3, 000.00 2, 000.00 2, 000.00 1 , 000.00 500.00 3 2 ,4 0 5 .5 4 2 5 ,7 9 5 .5 9 17, 000.10 6, 000.00 2, 000.00 2 ,0 0 0 .0 0 1 2 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 18,000.00 11,000.00 1 1 ,0 0 0 .0 0 7 ,6 9 2 .2 3 4 6 ,8 4 5 .1 4 2 9 ,7 8 0 .5 0 4 7 ,7 1 0 .7 5 7 ,6 2 3 .0 3 12, 284.30 6 3 ,6 1 9 .7 6 2 4 ,6 3 6 .7 2 28, 430.18 4 3 ,0 5 6 .1 3 4 8 ,3 0 9 .6 9 3 7 ,7 2 0 .8 6 805.55 8, 766.56 3 3 ,1 2 4 .7 6 23, 878.60 2 5 ,7 9 9 .7 2 4 ,4 3 6 .9 6 2 3 ,8 4 5 .3 2 1 1 8 ,2 0 3 .6 5 7 5 ,5 2 5 .4 0 4 9 ,4 9 4 .5 2 5 7 ,3 5 1 .3 5 2 8 ,9 9 6 .4 4 19, 802.02 3 5 ,1 8 9 .8 0 4 0 ,9 9 6 .6 3 68, 416.61 2 6 ,7 0 4 .4 8 5 7 ,6 2 5 .5 9 4 ,7 1 2 .2 5 3 9 ,7 4 9 .5 2 1 1 ,9 8 4 .8 8 1 7 ,4 9 9 .8 4 1 9 ,0 5 9 .8 4 2 1 ,6 8 0 .6 2 4 7 ,0 3 9 .2 3 1 7 ,6 2 6 .6 0 4 ,9 9 9 .8 0 5 5 3 .8 2 3 ,6 0 9 .4 0 1 ,9 8 6 .4 3 5, 000.00 49.43 172.48 390.74 1 ,6 9 9 .9 3 7 5 .0 0 174-86 2/16.76 1 ,4 9 4 .0 6 797.41 149.00 488.63 84.47 3 ,0 4 4 .6 7 25.00 114.60 7 5 6 .0 4 7 4 .8 3 2, 001.55 148.10 183.05 24.97 198.17 3 ,9 5 0 .3 0 4, 084.68 2 ,1 6 4 .4 0 1 , 170.26 6 ,2 9 4 .7 8 3 ,3 7 1 .9 2 1 ,3 9 5 .5 3 820.65 5, 119.00 2 ,1 9 4 .6 3 1 ,4 4 7 .6 1 590.68 5 ,0 9 9 .2 9 2 ,0 6 9 .1 9 554.46 321.37 298.00 1 ,8 7 9 .9 6 991.68 400.00 3 9 .0 0 1 ,6 7 3 .7 6 1 7 .9 4 2 ,5 2 0 .4 1 2, 255.30 1 ,5 1 8 .4 9 1 ,1 1 5 .6 0 1 ,5 9 6 .7 5 29,350.91 2, 235.30 587.71 895.95 1 ,0 8 3 .7 9 2 ,9 8 3 .7 5 6, 613.27 2 ,3 0 3 .3 0 Summer S c h o o l TOTAL INSTRUCTION 1 6 9 ,2 2 8 .6 2 1 6 6 ,9 8 1 .4 2 2 ,2 4 7 .2 0 11,700,309.89 209,060.32 l,76l,827J+2 114 ,^ .7 0 1 2 7 5 5 3 7 ^ ORGANIZED RESEARCH General A g ricu ltu re Ag* I n d . & S e r v i c e s Bureau Bus. R esearch V iking Fund G eneral $ 8 2 , 12*. 88 12,203.39 12,203.39 9 ,7 9 9 .1 4 91.41 92,398.74 8,000.00 - 59- 6 3 ,5 8 0 .9 1 1 9 ,3 0 5 .7 3 8 ,1 8 6 .8 3 8 6 ,6 1 5 .0 8 15,258.94 3,285.03 3,138.64 1 ,9 6 2 ^ l,57i*-51 37.80 9 1 .4 1 7,929.27 5,854.39 Schedule C -l _________ O b je c t C l a s s i f i c a t i o n ~' O perating Fund C la s s ific a tio n S alaries S u p p lie s G e n e ra l R e s t r i c t e d & Wages______ St E xpense E quipm ent ORGANIZED RESEARCH ( C o n t'd ) R adio-A ctive F e r t. E xper. $ C arnegie Research Iro n Experim ents P otash Experim ents Sulphur Experim ents Cyanamid E xperim ents C en tral Soya Beef P ro ject Anonymous D airy Sodium E xperim ents A n a ly tic a l Navy M inor Elem ents M erck and Company Public h e a lth or M alaria Pine N u tritio n Boron Experim ents Copper T. V. A. Meat Atom ic E nergy Commission M ineral Study - H o rtic u ltu re B orden c ompany TOTAL ORGANIZED RES. $ 825.32 197*351*47 336.79 2,1+75-95 92I+.6I 3I+O.O6 31+3.26 1+99.59 1,037.81+ 1,283,81+ 578.30 6 ,8 2 3 .1 0 1,671.1+3 132.97 1*2.63 5,356.1*1 65U. 90 511-1+2 I+9 1 .1 9 1 ,1 0 0 .9 7 3 ,5 6 0 .3 0 2,708.11+ 1 .6 9 7 -3 5 5 2 ,8 6 5 .6 5 295.25 1,1*05.75 305.75 157.00 287.50 21*1*. 50 699.96 5 ,5 9 7 .7 5 1 ,6 2 5 .0 0 116.75 1+2.63 l+ ,5 7 9 .5 6 596.55 21+9.50 1+58.00 271.61 2,1+75.00 1 ,8 8 1 .7 8 1 , 250.00 200,228.39 1*1.51+ 1 ,8 9 5 .5 2 I+60.55 I 83.06 55.76 21I+.19 237. 81+ 1*1*5.88 252.99 1,101.1+1 1+6.1*3 16.22 158.31 1*0.90 800.00 138.00 325.31 123.91+ 776.85 58.35 261.92 33.19 S51.36 - 22.00 1+11.1+3 673*87 562.51* 215.15 263.82 232.20 36,ill*.95_ 13,873.96 SERVICES RELATED TO INSTRUCTION C ream ery * 115,636.65 D airy Farm 39,787.11* Food P ro cessin g 1 0 ,U 5 6 .2 7 G reenhouse H o r tic u ltu r e Farm 5,l+83.98 9,391.21+ L iv e sto c k Farm Meat C uring P lan t 17,571^1*7 15I+,836.69 P oultry P lant TOTAL SERVICES 30,509.93 F " 583, 676.37 26, 523. 1*0 1 7 ,9 2 6 .2 3 5 ,3 9 5 .5 9 2 ,5 9 2 .0 0 7,191** 38 8,592.71+ 12, 382. 81+ 8, 970.00 8 9 .5 7 7 .16 8l+,009.81 2 1 ,0 6 5 .7 3 5, 060.68 2 ,7 7 0 .0 8 1 ,9 9 6 .9 9 6 ,9 9 8 .3 7 11*2, 092.90 2 0 ,0 5 5 .2 3 2 8 k , Oi*9.79 5,103-1*1+ 795.18 121.90 199.87 1 ,9 8 3 .3 6 360.95 1 , 1*81*. 70 10.0U9.1+0 EXTENSION Ag. I t i n . Tea. T rain in g I Ag. S h o rt Course C ereal In s titu te Ga. P o u ltry Im pr. A sso. A tla n ta A rea F ield Services Landscape A rc h ite c tu re Ag. Educa. R e la tio n s D istrib u tiv e Educa. J u liu s Rosenwald F orestry Home E o . I t i n . T e a . T r a in in g L iterary Q uarterly Gen. M ills - N u tr. Educa. Surveys - Education U niversity Press 2,838.91+ 3, 6l l +.62 13, 21*7.20 16, 851.62 600.00 8,7l|l+. 90 `31, 603.56 5 ,5 7 8 .5 7 750.00 81*. 50 57.29 11*, 812.50 5.1+0 16, 851.63 7 , 1*09. 1*8 91+.00 1*, 2 5 6 .2 5 2 ,2 0 6 .8 2 2 ,1 3 8 .7 7 -60- 3,939.91+ 81+.50 15,633.11+ 11,271+. 11* 5.1*0 1 2 ,3 9 9 .9 6 5,73l+. 50 50.00 600.00 2,61+3.32 1+,6O3. 9I+ 1 , 500.00 621.51 1 1 ,8 1 1 .6 8 1 , 638.63 3,588.91+ 57.29 2 ,7 9 3 .9 8 1 ,9 7 3 .0 6 2 0 ,9 8 6 .7 5 1,1*1*1.05 1*1*. 00 1 ,6 1 2 .9 3 1+, 11+0.96 706.82 1 , 517.26 1 9 ,7 9 1 .8 8 3I 6. 5U 233.93 Schedule C -l EXTENSION (C o n tin u e d ) S o il T estin g & Survey Trades & In d . Educa. V eterans Guidance V et. Tea. T raining V o catio n al Guidanoe Resource-Use Educa. A ro h aeo lo g y Museum M ental H ealth Womens C lu b TOTAL EXTENSION TOTAL EDUCA. & GEN. EXPENDITURES NON EXPENSE T ransfer to A uxiliary Transfer to P lant Cash Over and S h o rt Refund P rev . Y rs ., In c . Accounts Rec. - T ifto n T ransfer to G eneral TOTAL NON EXPENSE Fund C la s s ific a tio n G eneral R estricted O bject C la s s ific a tio n O perating S alaries & Wage 8 S u p p lie s & Expense E quipm ent I 8,342.84 1 ,1 5 0 .9 8 28, 026.144 16,617.05 8 ,9 4 7 .9 2 8, 982.86 4 ,2 2 9 .5 8 5 ,5 0 5 .7 6 6,532.05 39.66 I 123,605.ii6 96,515.73 7,1449.96 783.32 2 4 ,663. 9Z4. 1 0 ,1 9 0 .3 6 6, 568.24 *4, 671.00 2 ,3 9 3 .4 3 4 ,7 0 7 .9 2 4 ,6 2 6 .7 1 136,956.91 742.88 367.66 3 ,2 7 3 .0 6 6 ,4 2 6 .6 9 2 ,3 7 9 .6 8 4 ,3 1 1 .8 6 1 , 731.00 400.OO 1 ,9 0 5 .3 4 39.66 0 1 ,8 7 1 .3 8 150.OO 89.64 105.15 397.84 1 ,2 9 2 .9 0 #3,300,358.89 389,710.71 2,713,104.25 823,249.14 133,716.23 # 7, 000.00 81,447*95 10, 000.00 365.15 215.20 775.61 2, 200.00 1 , 690.00 $ 9 1, 228.50 12,465751 TOTAL EDUCA. & GEN. DISBURSEMENTS 1391,587.19 402,176.32 B. GENERAL EXTENSION ADMINISTRATION G eneral $ 25,151.85 PLANT OPERATIONS $ 1,052.74 INSTRUCTION Columbus C en ter G ain esv ille C enter Wayoross C enter A tlan ta C enter Rome C e n te r Savannali C en ter N egro Columbus C en ter TOTAL INSTRUCTION # 28,645.34 1 5 ,9 4 1 .3 4 16, 868.90 1 4 ,3 7 6 .1 0 19, 041.16 22, 306.76 1 3 ,4 8 5 .4 2 # 1*0, 665.02 SERVICES RELATED TO INSTR. A udio-V isual Aids $ 25, 831.01 EXTENSION Co rr e s p o n d e n c e Part-Tim e & Spec. S erv. TOTAL EXTENSION $ 44,702.16 6 2 ,5 8 3 .5 6 '07,205.70 16,664*96 1 ,0 5 2 .7 4 Schedule C-2 7 ,2 3 0 .8 4 1, 276.05 24, 815.29 1 2 ,6 2 0 .0 0 1 4 ,6 8 0 .0 0 1 4 ,3 7 6 .1 0 1 7 ,5 9 0 .5 2 1 8 ,1 4 0 .9 6 1 2 ,5 1 3 .2 6 1 1 4 ,7 3 4 .1 3 3 ,3 5 5 .5 0 2 ,8 9 1 .3 2 2 ,0 4 5 .1 2 1 ,2 3 6 .9 9 4 ,0 8 5 .3 0 582.66 ~ U +,lS.89 476.55 4 3 0 .0 2 143.78 2I 3.65 80.50 389.50 1 ,7 3 6 .0 0 1 1 ,9 4 0 .9 5 10, 567.50 3 .3 2 2 .5 6 4 0 ,7 5 5 .0 7 2 9 ,9 2 6 .6 6 '7 0 ,6 0 1 .7 3 3 ,3 2 9 .0 7 10, 719.00 1 4 ,0 4 8 .0 7 618.00 1 , 937.90 2, 555.90 M TOTAL GEN. EXT. EXPEND. I 2 6 9 ,9 3 6 .3 2 2 1 5 ,0 5 4 .5 1 4 6 ,0 4 3 .3 0 8, 888.51 -61- 1 Fund C la s s ific a tio n G eneral R estricted NON EXPENSE Refund P revious Y ears Inc. $ 3 ,2 0 1 .0 2 TOTAL GEN. EXT. DISB. $ 273,187.34 C. AUXILIARY ENTERPRISES DORMITORIES A. A. A. B arracks Brown Camp W ilk in s C andler C la rk H owell Co o rd in a te Law D o rm ito ry Luoy Cobb Mary Lyndon Mi H e d g e Mi H e d g e Annex P rivate T railers R utherford Sm all D orm itories Soule H all V et. H ousing P ro je c t TOTAL DORMITORIES $ 3,925.50 1 6 ,7 7 1 .8 8 13,261.91* 5 ,6 2 8 .3 5 6, 236.11 7, 280.05 3 5 ,5 8 5 .6 0 5,51*5.90 1 1 ,1 3 0 .6 0 1 4 ,7 7 6 .8 4 14,619.142 4 ,3 2 5 .5 3 1 ,8 9 4 .4 1 1 1 ,3 9 0 .7 9 1 ,8 9 8 .9 3 1 2 ,1 6 5 .0 1 7 5 .8 6 9 .6 2 T ~ 2U 2,306.4 DINING HALLS C afeteria C oordinate Denmark Lucy Cobb Mi H edge Annex T ea Room TOTAL DINING HALLS $ 122,131.05 9 3 ,1 2 9 .4 8 113,627.58 37,295.67 55,1441.56 1 9 ,3 1 1 .0 9 $ 440, 936.43 GENERAL $ 6,988.22 TOTAL DORMITORIES AND DINING HALLS $ 690,231.13 OTHER Cow T e s t i n g Egg C o n test P rin tin g Departm ent U niversity S tores TOTAL OTHER TOTAL AUX. EXPEND. 4 22,374.60 1 2 ,0 0 7 .9 9 6 2 ,6 7 6 .9 3 342,595.29 4 439,654.61 $i .129,885.94 NON EXPENSE T r a n s f e r t o P l a n t ^u nds $ 5 4 , 19Q00 TOTAL AUXILIARY DISB. $1,1814-,0 7 5 9 4 - 62- Sohedule C-2 O bject C la ssific a tio n O perating S alaries S u p p lie s & Wages & Expense Equipment 1 ,7 5 5 .5 8 4 ,1 7 8 .5 0 5 ,7 8 7 .7 8 2 ,9 0 8 .8 6 2 ,8 2 8 .8 6 4, 128.54 14, 793.59 2, 198.98 5 ,4 8 6 .6 8 751.31 5 ,8 3 8 .2 0 1 ,5 4 8 .8 6 4 ,7 2 4 .1 3 1 ,3 6 2 .5 0 4 ,5 6 3 .0 0 2 5 ,4 9 9 .2 2 92.35U .59 Schedule C-3 2 ,1 6 9 .9 2 1 2 ,5 9 3 .3 8 7 ,2 3 5 .7 6 2 ,7 1 9 .4 9 3 ,4 0 7 .2 5 3 ,0 9 1 .8 5 20,500.71 3 ,3 4 6 .9 2 5 ,6 4 3 .9 2 9, 567.17 8 ,7 8 1 .2 2 2 ,7 7 6 .6 7 1 ,8 9 4 .4 1 6 ,6 6 6 .6 6 536.43 7 ,5 3 3 .4 1 4 5 ,8 4 7 .2 9 1 4 4 ,3 1 2 .4 6 " 238.40 59.66 29I . 3O 458.36 68.60 u . 523.11 5 ,6 3 9 -t 2 8 ,9 9 7 .6 5 2 4 ,9 7 8 .8 1 2 3 ,0 7 3 .2 9 1 0 ,3 6 6 .6 4 8 ,5 7 2 .2 1 7,273*02 103,261.62" 6 ,8 8 1 .8 6 92, 586.96 6 7 ,8 4 0 .8 5 9 0 ,5 5 4 .2 9 2 6 ,9 2 9 .0 3 4 6 ,8 5 3 -6 2 ll,7 l4 .9 2 336,479.67 IO6.36 546.44 309.82 15.73 323.15 1 , 195.14 202,498.07 480,898.49 6.83U.57 16, 640.45 5 ,2 3 5 .0 0 26, 039.52 30, 860.74 78, 775. 71" 5 ,7 3 4 .1 5 6 ,6 6 5 .7 9 IO7. 2O 27,435.92 9,201.49 3 1 0 ,8 3 0 .8 2 903.73 350, 666. 66" 1 0 ,2 1 2 .4 2 281,273*78 831,565.17 17,046.99 S c h e d u le C-1+ D. OTHER NON EDUCATIONAL S cholarships Awards TOTAL OTHER NON EDUC. Fund C la s s ific a tio n G eneral R estricted % 1 3 ,8 1 8 .9 7 1)9.70 1 1 3 ,2 6 8 .6 7 O bjeot C la ssific a tio n O perating S alaries S u p p lie s A Wages A Expense Equipment 1 3 .a8 .9 7 13,218.97 I+9 . 7 O TOTAL CURRENT EXPENDITURES IU .7 0 0 ,2 3 1 .1 5 1+02,979.38 3.222,651.1+ 9 1 .7 0 0 ,9 0 7 .3 1 1 7 9 ,6 5 1 .7 3 NON EXPENSE 11*8, 6 1 9 .3 2 1 2 , 1*6 5 .6 1 TOTAL CURRENT DISBURSEMENTS |1+, 81+8,850.1+7 l+15,l+l+l+.99 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1951 Schedule D A. EDUCATIONAL AND GENERAL STUDENT FEES A tla n ta Area B alan ce B eg in n in g Of ^ear R eceipts For Year E x p e n d i tu res For Year T ransfers B alan ce End Of Year * 8, 512.50 8 ,5 1 2 .5 0 GOVERNMENTAL G rants and Aids O ther S ta te s S tate of V irginia For Ag. Eduoa. R elations S ta te of Louisiana For Ag. Educa. R elatio n s S ta te of Arkansas For Ag. Educa. R elatio n s V ocational U nited S ta te ss M orri 11-N elson Fund D ept, of H ealth For M alaria D ept, of H ealth For M ental H ealth Navy D epartm ent For Research V ocational D ept, of A griculture For Ag. E ngineering F o r Home E c . B eef C ountiest C lark e County For D em onstration School Richmond County For Survey H a ll County For Survey $ 1,1+00.00 995.00 500.00 (-23,61+8.92) 69,01+5.53 68, 990.00 3 ,3 5 2 .2 2 i+, 3 3 7 .7 8 (-1+77.58) 5 ,2 3 2 .7 9 (-8 3 2 .5 1 ) 5, 120.50 (-17,61+7.80) 1+5,036.51 156.82 11,625.13 2 ,0 0 0 .0 0 32,1+05.51+ 1+11.79 980.00 875.00 -63' 1,1+00.00 995.00 500.00 59,81+8.63 68, 990.00 5,356.1+1 6, 532.05 1,671.1+3 3 5 ,8 9 0 .1 7 12, 203.39 1,283.81+ 32,1+05.51+ 2 ,1 3 8 .7 7 - ll+,l+52.02 1 , 690.00 (3) 61+3.59 - 1,776.81+ 3 ,2 1 6 .5 6 - 8, 501. 1*6 - 1+21.1*1+ 716.16 2 ,0 7 7 .6 0 Schedule D GOVERNMENTAL (C o n tin u e d ) G rants and Aida C ountie st Cherokee County For Survey Baldwin County For Survey G ainesville C ity For Survey TOTAL GOVERNMENTAL "B alance B eginning Of Year R eceipts For Year E x p en d iture s For Year T ran sfers I4OO.OO 671+.58 875.00 $ ( - 3 8 ,0 8 5 .9 8 ) 2 5 0 ,4 9 3 .36 2 2 9 ,2 1 5 .2 3 1, 690.00 B alan ce End Of Year ENDOWMENT A lum ni Y. M. C. A . For V. R. A. Alumni L ib ra ry For Books W. J . B ry an For P rizes W. H . B ocook For Books J . B, C onnally For P rizes B.A. & T.N. Denmark For M aintenance F ran k lin C ollege For M aintenance Mary J . F ra n k lin For M aintenance George R. ^iim e r For M aintenance George 0 . K itz in g e r F o r Award 4-H. C lub L andscrip Fund For M aintenance George F o ste r Peabody F o r Law S c h o o l H orace B. R u s s e ll For P rizes W illiam T e rre ll F o r P r o f . (D r. A . W. S c o t t ) U n iv e rsity of Ga. Foundation For Physios P ro fesso r 1 ,0 0 0 .0 0 For P re s. J . C. Rogers Hugh V. W ashington For L ibrary Edmund M agers For S cholarships N eal Reid M em orial For Landscape A rch. S cholarship Isa a c M einhard For Award C e c il W ilcox For P rizes Advancement A rt Fund Jo u rn alism Deans Fund TOTAL ENDOWMENT $ 1 ,0 0 0 .0 0 200.00 850.00 200.00 -1 ,0 9 9 .8 9 (1 ) 850.00 -2 5 .8 3 (1 ) -4 2 .5 0 (1 ) -4 .2 2 (1 ) 2 ,0 8 5 .0 0 8 ,0 0 0 .0 0 200.00 500.00 -1 8 0 .3 2 (1 ) 2,085.00 -2,7 7 6 .2 2 (1 ) 8,000.00 -5,^9 5 .5 3 (1 ) 200.00 -9 7 .2 0 (1 ) 500.00 303. 39( 1) -2 8 8 .6 1 (1 ) 7,245.00 7,245.00 -7 3 (1) 700.00 700,00 -8 9 .3 9 (1 ) -1 0 8 .7 2 (1 ) -4 6 6 .4 2 (1 ) 1, 21*3.33 1, 621*. 98 1 ,0 0 0 .0 0 1 ,2 4 3 .3 3 1 ,6 2 4 .9 8 -.5 3 (1 ) - 115. 00( 1 ) -3 8 .2 1 (1 ) - 50. 00( 1 ) -1 5 9 .1 0 (1 ) -6 9 5 .6 1 (1 ) " "S27S4H.31 " s r . w r . 3 1 -12,037.1+2 -64- 1 ,0 9 9 .8 9 25.83 4 2 .5 0 4 .2 2 180.32 2 ,7 7 6 .2 2 5,1+95.53 9 7 .2 0 303.39 288.61 .73 89.39 108.72 466*42 .53 115.00 38.21 50.00 159.10 695.61 12,037.b 2 Schedule D Ba la n c e B eginning Of Year R eceipts For Year GIFTS Amerio a n Cyanamid Company For Cyanamid $ 712. I I A m erican P o ta s h Company For Potash 1 , 546.02 Anonymous For D airy Research Atomic E nergy Commission For Researoh 389.67 Borden Company For D airy B all B rothers For Rood T e s tin g (-5 7 6 .9 5 ) Carnegie Foundation For Researoh 3 ,1 6 1 .9 3 C hilean N itra te Educa. For Sodium 470.49 C e n tr a l Soya Company For D airy 1 ,2 1 3 .3 0 C ereal In s titu te F o r Home Econom ics 338*53 C orning G lass Works For D airy Emory U n iv e r s ity For A tla n ta Area F orbes and Company For D airy G eneral E ducation Board For Ag. Educa. R elatio n s (-1,375* 21) For A rt For L ibrary General M ills For N u tritio n 815*88 G eorgia D airy A sso. For D airy S h o rt Courses G eorgia P o u ltry Improvement For V e te rin a ry M edicine 340.37 G e o rg ia Womans C lub For Education 139.05 I n t e r n a t i o n a l M in e ra l & Chem. C o rp . For H orticulture 2, 881.56 For Iron 2, 315.26 Jew ish Fund For Books Merck & Company For P oultry U2.63 M iscellaneous V arious For Landscape Arch. 23.36 P a c if ic C o a st B orax Company For Boron 2 ,2 6 8 .9 0 Rosenwald Rund For E ducation I 55.38 S outhern A sso. Ic e Cream Mfg. For D airy 600.00 1 , 200.00 800.00 3 ,7 5 8 .7 1 2, 000.00 5 ,0 7 9 .8 8 6, 875.00 500.00 600.00 6. 500.00 50.00 37,14.37.67 6. 925.00 35, 000.00 2, 500.00 750.00 25O.OO 2, 400.00 100.00 1,000.00 E x p e n d iture s For Year 499.59 340.06 578. 3O 3 ,5 6 0 .3 0 1 ,6 9 7 .3 5 2 ,4 7 5 .9 5 6, 823.10 1 ,0 3 7 .8 4 8+.50 6, 300.00 13,956.63 U ,521.73 1 7 ,7 2 0 .5 0 2 ,2 0 6 .8 2 . 75O.OO 57.29 3 9 .6 6 2 ,7 0 8 .1 4 92+.6I 100.00 4 2 .6 3 5.40 511.42 9 4 .0 0 T ran sfers 7 7 5 .6 1 (4 ) -65< B alance End Of Year 812.52 2 ,4 0 5 .9 6 22I . 7O 588.08 302.65 -5 7 6 .9 5 4 ,9 9 0 .2 5 522.39 675*46 254.03 600.00 5O.OO 22, 105.83 2 ,4 0 3 .2 7 1 7 ,2 7 9 .5 0 1, 109.06 533.08 9 9 .3 9 2 ,5 7 3 .4 2 1 ,3 9 0 .6 5 17.96 1 ,7 5 7 .4 8 6I .38 1,000.00 Sohedule D GIFTS (C o n tin u e d ) Southern R egional C ouncil For V e te rin a ry M edicine S ta te Coop* A s s o c ia tio n For D airy Tennessee Corp. For Copper For M inor Elem ents For Pine N u tritio n T ex as G u lf S u lp h u r Co* For Sulphur T . V* A. F or M eat Res* For Meat S poilage U* S . R ad io A c tiv e For Experim ent The VijcLng Fund For Geography W o o d ru ff, W* For Pharmacy TOTAL GIFTS B alan ce B eginning Of Year R eceipts For Year E x p e n d itu res For Year T ran sfers B alan ce End Of Year 58, 000.00 58, 000.00 l4.8O.J46 1 .9 7 k 52 296*55 li+7.36 300.00 500.00 11+7.36 1+91.19 132.97 65+.90 289.27 1,81+1.55 li+1.65 702*59 31+3.26 359.33 (-2 ,2 0 0 .6 0 ) 2,392.18 (-12*50) 1 ,1 0 0 .9 7 - 909.39 - 12.50 761.50 336.79 1+21+.71 750.00 91.1+1 658.59 1 0 ,0 0 0 .0 0 10, 000. 00( 5) $26,861+. So 1 7 6 ,2 1 5 .8 0 128,331+. 67 10, 775.61 63. 970.32 TOTAL EDUCA. &.GENERAL $ -1 0 ,2 2 1 .1 8 1+37.869.97 389,710.71 1+28.19 5 7 .5 0 9 .8 9 OTHER NON EDUCATIONAL GIFTS - SCHOLARSHIPS Gladys Beach For E arl Jenkins James F. Byrnes Foundation For Grace M ille r Mrs* R* M, D u rr For P oultry Mrs* A* I* D upont For M argaret Saunders G eorgia Feed As so* For Scholarships K roger G rocery Company For S cholarships S ears Roebuck For C arolyn Chambers For A griculture F o r Home Econom ics Seedmans For Scholarships Edward S h o rte r For A rt Student A c tiv itie s For O chestra S o u th e a s te rn C oal Company For B i l l Dingus Homer Thompson For G e rth a Thompson U. D. C. F o r G els on Webb Union Bag Company For F orestry * 100.00 500.00 2,1+00.66 1 , 600.00 500.00 300.00 200.09 575.02 30.00 1 ,0 0 0 .0 0 800.00 150.00 1 , 833.30 800.00 1+00.00 212.51 1, 350.00 600.00 783.50 1+.932.00 - 66- 200.00 100.00 500.00 1 ,6 0 0 .0 0 500.00 1 ,2 0 0 .0 0 799.96 150.00 2 ,3 0 8 .3 2 266.61+ 270.00 212.51 1 ,050.69 -2,12!+. 12(2) 600.00 61+3.85 200.00 2, 267.00 2,1+00.66 100.00 200.13 100.00 533.36 160.00 2, 1+23. 1+3 139.65 2 ,6 6 5 .0 0 Schedule D B alan ce B eginning Of Year GIFTS - SCHOLARSHIPS ( C o n t'd ) V arious Sources For Musio V arious Sources For Pharmaoy W o o d ru ff, R . W. 76.75 For F orestry B orden Company F o r Home Econom ics 1,800*00 C e n tra l F lo rid a Pan H e lle n ic Asso* F or L ois Drawdy TOTAL SCHOLARSHIPS $10,311+. 52 R eceipts For Year 250.00 11,079.31 E x p e n d itu res For Year T ran sfers B alan ce" End Of Year ^ + 3 8 .7 1 (1 ) I+38. 7I 7 6 .7 5 -95l+.!+2(l) 951+.1+2 300.00 1 , 500.00 250.00 13.218.97 -3 .3 l7 .2 5 l i , 692. 11 GIFTS - AWARDS Je ssie Sayre F o r Award U n iv e rsity of Ga. Foundation F o r B e rt M ich ael Award Student A c tiv itie s For P rizes TOTAL AWARDS T~ 60.00 6 .0 1+9.70 1+9.70 - 200. 00( 1 ) - I 69. 0l+(1) - 60. 00( 2) -1+29.0l+ 200.00 I 69. Q+ 7O .3O I+39. 3I+ TOTAL OTHER NON EDUCA. $10, 31!+. 52 1 1 ,1 3 9 .3 1 i 3. 268.67 -3,91+6.29 12,131.1+5 TOTAL RESTRICTED FUNDS $ 93.31+ 1+69,009.28 1+02,979.33 - 3, 518.10 69.61+1.31+ (1) T ran sfer from T ru st Funds ( 2) T r a n s f e r fro m A gency Funds (3) T ransfer to G eneral Funds (1+) R efund P r i o r Y ears Incom e (5) T ran sfer to Unexpended P la n t Funds TOTAL TRANSFERS I - I 3. 799.59 - 2, 181+. 12 1 , 690.00 775.61 10, 000.00 h 3, 518.10 STATEMENT OF TRUST FUND BALANCES For1 Year Ended June 30, 1951 Schedule E BALANCE OF PRINCIPAL- BEGINNING OF YEAR ( in c lu d in g Income Not T ra n sfe rre d ) Endowment Funds Loan Funds M iscellaneous Funds $2,196,331+. 32 731+.990.06 6,821+. 76 ADDITIONS G ifts and G rants Income on In v estm en ts Notes Recovered P r o f i t on S a le o f S to ck s P r o f i t on S a le of R eal E s ta te T ra n sfe rs from Loan Funds T ra n s fe rs from Ednowment Funds O ther T ran sfers Mi s e e 1 la n e ous TOTAL ADDITIONS $ 9, 100.00 6,880.01+ 2l+, 161.28 66,813.18 17,167.86 li+0.00 128.52 110,1+96.56 5OO.OO 5 ,7 5 0 .8 7 22.35lt.5U 2 ,1 2 5 .2 3 2 .1 0 39.16 $ 191+,9 2 7 .91+ 1+6,1+1+1.60 2!+, 289* 80 -6 7 . DEDUCTIONS t N otes W ritte n O ff T ransfers to G eneral Funds T ransfers to R e stric te d Funds T ran sfers to S p e c ia l R e s tric te d Funds T ra n sfe rs to Loan Funds T ra n s fe rs to Endowment Funds T ran sfers to O ther I n s titu tio n s T ra n sfe rs to U. S . Government O ther T ran sfers C o lle c tio n C osts Awards, P ris e s , e tc . Expenses of T rust M iscellaneous Expenses TOTAL DEDUCTIONS BALANCE OF PRINCIPAL, END OF YEAR ( in c lu d in g Not T ransferred) GRAND TOTAL Endowment Funds $ 10 , 730.00 10,671*. 98 1 3 ,7 9 9 .5 9 2 2.35U .5U 1*,593.1*0 2 ,1 2 5 .2 3 1*5.00 988.83 2, 681.92 76.68 1 68, 076.17 Loan Funds Schedule E M iscellaneous Funds 158.75 1 3 ,8 9 5 .7 8 5 ,7 5 0 .8 7 21+8.32 912.00 385.00 I I 6. 5O 7,571.1*1* l,7 ll* .3 7 15,610.15 $2,323,192.09 773,860.22 15,501*. 1*1 1 5 ,1 1 2 ,5 5 6 .7 2 STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1951 Schedule E -l ENDOWMENT FUNDS Fund fo r Advancement of A rt Alumni L ib ra ry A lum ni Y. M, C. A. W. H . Booock C harles H. Brand C h a rle s McDonald Brown H enry W arren Brown W illiam J . Bryan P rize B ernice F# B ullard E l i z a b e t h M, B u lla r d A. F . C h u rc h ill M emorial Edward T . Comer Jo e Brown C o nnally May E . Talmadge D . A . R. Richmond W alton MoCurry D. A. R. B. A. and T . N. Denmark W illiam S ta r k Denmark Eugene and H a rry Dodd P h ilip Feingold F ran k lin C ollege Mary J . F ra n k lin Ebb W. G a lla h e r M em orial George R. Gilm er H arold H irsoh A. L. H u ll M emorial I n t e r f r a t e r n i t y Co u n o il Journalism Dean's Fd Balance B eg in n in g Of Year A dditions Fund Balance End Of D e d u c tio n s Y ear______ 7 ,0 8 8 .5 2 1 1 ,6 5 1 .8 1 li+ ,5 5 9 .1 0 1*07.00 1 ,1 9 1 .6 0 1*82,1*83.23 25,1*66.07 285.18 2 5 ,0 3 9 .1 7 50,281*. 66 30,125.81+ 2l*l*,956.71 2,671*. 1*2 1*,686.77 1 , 500.00 3 9 ,9 2 6 .1 3 17,1+68.37 1 , 531.86 1 , 01*6.05 123, 069.50 1*, 5l*0.83 15,51+0.39 1 ,2 8 1 .3 2 1*03.51* 1 ,0 0 0 .0 0 695.61 - 68- 850.60 257.98 210.1*3 1+.50 26.10 10, 1*91*. 82 599.93 5 .2 1 1,656.1*6 1 ,1 5 9 .1 3 1 ,8 0 3 .0 1 12i+,i+68.76 61.1*3 211.91 1*9.81 1 ,0 8 9 .0 2 361.75 3 2 .5 2 15.88 8,1*26.03 122.37 5, 000.00 393.00 3 1 .3 0 7 .9 7 159.10 875.83 1 ,2 9 9 .8 9 1+.22 26.10 i+$.oo 1*2.50 517.08 689.33 13, 825.62 270.32 156.91 1*9.81 1*, 861.22 13,1*95.53 301+.20 803.39 695.61 7, 780.02 1 1 ,0 3 3 .9 6 13, 1+69. 61* 1*07.28 1 , 191.60 1*92,933.05 26, 066.00 21*7.89 2 6 ,1 7 8 .5 5 51,1*1*3.79 31,239.52 355,599.85 2,1*65.53 l+,7l+1.77 1 , 500.00 3 6 ,1 5 3 .9 3 17, 830.12 1,561*. 38 1 ,0 6 1 .9 3 118,000.00 !+,359.00 5, 000.00 15, 130.00 1 , 312.62 1*1 1 .5 1 1 , 000.00 Schedule E -l ENDOWMENT FUNDS (C o n tin u e d ) Clyde L. J r , and John King George D, K itz in g e r Award Jo sep h Rucker Lamar L andscrip F ran ces A , Lipscomb Emma Long Lumpkin Law S c h o o l Jo se p h Henry Lumpkin C h a r le s R . MoCay Edmund M agers G e n e ra l Isa a c M einhard B ert M ichael Thomas E , M itc h e ll - E d u c a tio n a l Thomas E , M itc h e ll U n iv e r s ity o f Ga. Thomas R . M itc h e ll - C o o rd in a te P e a r l C am pbell Moon C, A, and 5 , B, T . Moon M usic S c h o la rsh ip George R o ste r Peabody Phelps-Stokes Fellow ship B en jam in Z . P h i l l i p s Law A , W. Reed M em o rial N e il Reid M em orial H. L. Riohmond F e llo w sh ip Horace B, R u sse ll J e s s i e Woodrow S ay re Edward S . S h o rte r Hoke S m ith M em o rial M artin R, Sm ith P rize 0 , V, Sm ith W illiam T e rre ll Berrym an T. Thompson Frances Clem entine Tucker J H, R , W a sh in g to n C e c il W ilcox P riz e C e c il W ilcox - Loan R o b e rt W, W o o d ru ff W, J , Young TOTAL ENDOWMENT FUNDS Fund balance B eg in n in g Of Y ear______ A d d itio n e F u n d "B alan ce End Of D eductions Year $ 12, 500.00 12, 136.10 25, 000.00 2/44,881.64 2, 106.03 581.80 27,504.21 14,890.33 267,750.99 102.79 1,015.71 1,025.28 139,865.26 4 0 ,0 7 0 .2 9 25. 799. i l 2 ,3 2 8 .8 6 2 .3 5 7 .6 1 2,353.41 553.13 18,048.55 13,616.51 4 ,6 1 0 .9 5 115.00 28,2i+0,90 2 ,0 1 6 .8 5 300.00 5 ,0 6 4 .3 9 4 ,4 0 2 .4 3 4 ,0 3 7 .0 3 6 0 ,8 8 7 .0 2 2 0 ,7 8 3 .7 0 13, 271.12 7 3 ,1 3 4 .6 9 2,589.98 2 ,0 0 0 .0 0 2, 500.00 91^4.01 8,06/4.94 # 2 ,1 9 6 ,3 3 ^ 3 2 254.36 242.58 923.08 5, 366.26 ii4.69 11.90 1 ,7 9 7 .9 7 374.27 6, 366.11 53 22.50 21.31 4 ,2 5 0 .4 7 3 ,3 h l.5 h 2 ,2 8 6 .0 4 54.18 5 8 .5 8 150.30 11.26 4 0 3 .1 9 - 105.^0 85.17 200.00 633.45 5 5 .0 0 3 ,3 1 6 .2 5 68.37 71.05 804.31 512.72 423.83 5 , i o i . q4 70.00 50.00 68.76 10.41 241.94 194,927*94 25U.36 588.61 9 2 3 .0 8 8 ,8 4 5 .7 3 529.76 8 .7 5 53 38.21 196.59 4 ,2 5 0 .4 7 1 ,9 6 1 .3 7 1 ,8 2 0 .0 4 438.71 89.39 315.00 75.00 158.72 300.00 150.28 1 ,1 6 6 .4 2 414.40 3 ,8 5 6 .7 7 1,624*98 50.00 68.76 9 5 4 .4 2 868.16 (#,(>70.11 12, 500.00 1 1 ,7 9 0 .0 7 25, 000.00 241,402.17 2 ,1 5 0 .7 4 593.70 28,772.142 1 5 ,2 5 5 .8 5 274,117.10 102.79 1 ,0 0 0 .0 0 850.00 139, 865.26 41, 450.46 26, 265.11 ,2 ,3 8 3 .0 4 2,396.19 2 ,0 6 5 .0 0 4 7 5 .0 0 1 8 ,4 5 1 .7 4 13, 511.11 4, 696.12 2 8 ,7 9 9 .3 5 1 ,9 1 3 .1 3 8 ,3 8 0 .6 4 4 ,4 7 0 .8 0 3 ,9 5 7 .8 0 6 1 ,6 9 1 .3 3 20, 130.00 1 3 ,2 8 0 .5 5 7 4 ,3 7 8 .9 6 1 , 035.00 2 ,0 0 0 .0 0 2, 500.00 7 ,4 3 8 .7 2 LOAN FUNDS L uoile A lexander Alpha Z eta Alumni A s s o c ia tio n P resto n S , A rkw right R, & L. A rnold A t l a n t a C0t t o n O i l Company A tlanta Journal A tlan ta Stockyards DuPree B a r r e tt L, H. B e a ll B ibb C ounty Dawson John D, B o lto n , J r , M em orial C harles H, Brand # 684*10 398.16 1 ,3 1 8 .2 4 1 ,7 3 9 .0 7 207.05 489.94 1 ,5 6 3 .3 3 172.21 547.69 I 83.96 4 4 2 .9 4 . 6 9 . 77-11 14.69 9.24 16.92 22.43 5.00 8.97 34.90 .53 7.36 2.37 5.17 886.50 26.10 5.00 698.79 407.40 1 , 330.16 1 , 761.50 212.05 498.91 1 ,5 9 8 .2 3 172.74 555.05 I 86.33 4 4 8 .li 886.50 804.21 LOAN FUNDS (C o n tin u e d ) Mary Upshaw B roaoh C h a rle s McDonald Brown H enry W arren Brown B ryan County Dawson Shepherd Bryan B ernice F. B ullard Asa G. C andler C harles H. Chandler C a r r o ll County Dawson Cham ber l i n -J ohns on-DuB o se C h a r lto n C ounty 1+-H C lu b Chatham County Dawson Chi P si E ducational A* F . C h u r c h i l l M em o rial C itiz e n s and Southern Bank C la s s o f 1926 O badiah Lewis Cloud M rs, H, Cloudman Cobb C ounty Dawson Colum bia C ounty Dawson Edward Comer Hugh Moss Comer E lija h Clarke D. A. R. D. A, R. M emorial May E , Talmadge D. A , R. Richmond W. M cC urry D . A , R. L i l a N a p ie r J e l k s D. A* R. E d g ar C# Dawson DeKalb County Dawson W illiam S ta r k Denmark Eugene and H a rry Dodd D ru id H i l l s M e th o d is t Me m o r ia l J , C . Dukes - Home H oononics J . C. Dukes - A g ric u ltu re J , C. Dukes - B usiness A d m in istra tio n E a rly County Dawson E l b e r t C ounty Caws on Epsilorn Sigma Phi Exchange Club of A tla n ta W. W. F i n d le y Lucy H urt F isc h e r C h& rles W. F o rd F orestry I4-H C lub Freshman Y Commission F u lto n C ounty Dawson G e o r g ia ,'A . and W* P . R a ilr o a d G eorgia Bankers A sso ciatio n G eo rg ia Power Company G irls Canning Club Glynn C ounty Dawson Grady C ounty Dawson H a ll County Dawson H ancock County Dawson Fund Balance B eginning Of Year A dditions Schedule E -l Fund Balance End Of D e d u c tio n s Year $ 36U.UU 35,366.36 l,2iU .23 25.70 367.27 6,987.19 270.08 282.09 313.52 637.72 158.22 259.17 10.36U.99 17.195.UU 311.6U 5,071.37 U67.5U 261.33 U3.U0 U 0.062.92 2,209.35 12,955.06 1.923.U5 U6U.U.1 6U5.03 3 1 3 ,oU9.7U 86U.17 1,115.00 105.99 176.U1 1,306.87 1,537.50 1,306.87 95.87 736.U0 79.85 292.U5 3,281.08 1,883.98 893.81 1,063.95 2,101.51 95.77 596.78 59U.51 15,162.85 11,333.76 u ,333.86 253.90 29U.5U 683.95 . 70. 5148.UO 8.7U 636.57 22.39 6.98 '580.61 5.72 5.99 6.98 2 3 .6U 3.76 6.2U 200.00 90U.28 502. lU U.36 118.59 8.00 5.7U U9 iU,UUo.oi 3 ,2 3 5 .0 0 U6.18 270.60 161.91 U9.81 15.00 10,182.15 7.99 22.32 2.2U 2 0 .9U 28.12 1 8 .8U 2.72 15.7U .26 U.75 62.87 19.05 10.88 22.69 33.11 1U.23 8.8U 289.75 1U0.97 80.27 5.U9 U.59 1U.U8 12.99 1 ,7 9 5 .2 U 128.50 1,1U0.U8 200.00 1,037.09 12.50 1U6.58 82.50 89.00 82.50 22.32 37.50 373.18 3U,207.69 1,108.12 25.70 37U.25 6 ,U 27.32 275.80 288.08 320.50 6 6 I.3 6 161.98 265 .'Ul 10,232.18 17,685.08 316.00 5,189.96 U75.5U 267.07 U3.89 5U,356.35 3,235.00 2,255.53 13,225.66 2,002.86 51U.22 66O.O3 323.lU 2 .8 9 789.66 1,115.00 105.99 178.65 1,327.81 1,565.62 1,325.71 98.59 752. li* 80.11 297.20 3.3U3-95 1,903.03 90U.69 1,086.6U 2,135.02 95.77 611.01 603.35 15,U15.10 ll,U 7U .7 3 U,UiU. 13 259.39 299.13 698.U3 561.39 FUNDS (C o n tin u e d ) James C offey H arris F rank Hawkins A. L. H ull James Hunt J a s p e r 0 ou n ty Dawson M rs. Graham Johnson Bess D, Jones S a l l i e Maude Jo n es Junior ^ag u e of A tlanta J . B. Keough Clyde La J r , and John King K irkwood P . T , A# Jo sep h Huoker Lamar Landscape A rch itectu re F# E . L a n ie r L aurens b o u n ty Dawson F r a n c i s Aa Lipscom b A rthur Lucas Ja H. Lumpkin M rs. P . C. M oDuffie M cIntosh County Dawson Maoon C ounty Dawson Mr. and M rs. T. 0 . M arsh all R. H. M artin M eriw ether C ounty Dawson M oina M ichael Thomas E . M itc h e ll - G eorgia Thomas E . M itc h e ll - C o o rd in a te Moon Muscogee C ounty Dawson R. C. N eely C. T. N unnally J . C a rro ll Payne Phi D elta Phi Benjamin Z. P h illip s John T. P itta r d M emorial B ertha Rich Richmond b o u n ty Dawson Boys Richmond C ounty Dawson G ir ls E. R ivers R ockdale County Dawson James D. Robinson Mary R o se n b la tt A rt S. D. V. F ra te rn ity S a le C ity Dawson S av an n ah D i s t r i c t Dawson Jo h n D. Simmons Hoke S m ith S t a t e Home D e m o n s tra tio n C lubs S tu d e n ts S tudent V eterans Mark S u lliv a n Sum ter C ounty Dawson Boys Sum ter County Dawson G irls T a t t n a l l C ounty Dawson Schedule E -l Fund Balance B eg in n in g Of Year A d d iti ons fc'und B a la n c e End Of D eductions Year $ 721.68 4+3-76 223.08 117,81+3.59 304.12 I+36.56 291+.76 296.17 266.07 571.79 375.50 4 ,1 5 4 .7 7 760.88 u j. j i 1+81.13 566.15 11+7*58 887.26 150.00 2 ,1 6 6 .9 8 9 3 0 .6 2 873-34 254.19 337.99 5 9 7 .2 4 9 ,2 8 6 .6 7 19,502.91 40.00 580.19 594.18 165.67 870*1*2 52.03 4 0 3 .8 4 151.55 1, 521.22 1 ,1 7 6 .5 4 272.76 400.00 260.80 158.01 1 ,0 7 6 .6 3 266.84 221.37 578.06 935.87 1 ,8 1 1 .2 0 593.52 175.68 2 ,6 8 6 .2 1 1 ,7 7 2 .6 0 406.60 -71< 16.00 10.1+9 2 ,1 9 4 .4 2 26.73 8.68 5 .1 2 2 ,0 0 0 .0 0 3 .2 4 6 .2 4 254.36 4 .7 5 923.08 12.94 6 .9 8 1.38 3 6 .6 2 25.00 36.73 36.98 19.31 5 .3 6 5 .9 3 1 0 .9 4 2 ,1 5 8 .9 4 2, 003. 01+ 13.22 10.93 2.50 13.66 1 ,3 9 9 .1 1 514.59 340.00 1 .7 6 29.61 23.33 5 .7 2 5.26 6. 2!+ 185.00 3 .7 6 19.43 5 .9 9 5 .0 0 10.20 39.03 45.63 6.00 1.50 31.79 18.05 5 .7 4 - 439. 5O 5 .0 0 185.00 44-39 17.50 737.68 454.25 223.08 1 2 0 ,0 0 1 .3 9 305.85 4 + 5 .2 4 299.88 2 ,0 0 0 .0 0 299.41 272.31 826.J .5 380.25 5 ,0 7 7 .8 5 7 7 3 .8 2 1*3*31 488.11 566.15 148.96 887.26 150.00 2,203.71 967.60 892.65 259.55 343.92 608.18 1 0 ,0 4 6 .5 0 2 0 ,9 9 1 .3 6 40.00 593.41 605. l l 168.17 884.08 52.03 843.34 340.00 153.31 1 ,5 5 0 .8 3 1 ,1 9 9 .0 7 278.1+8 400.26 267. 0^ 161.77 1 , 096.06 272.83 226.37 588.26 930.51 1 ,8 3 9 .3 3 599.52 177.18 2 ,7 1 8 .0 0 1,790.65 4 1 2 .3 4 Schedule E -l LOAN FUNDS (C -ontinued) T e l f a i r County Dawson Thomas C ounty Dawson Berrym an T . Thompson M eldrim Thompson Toombs C ounty Dawson F rances C lem entine Tucker L e ila B ates Tye U. S . Government Ware C ounty Dawson W ashington County Dawson Louis W ellhouse M em orial C. P . W hitehead W h itfie ld C ounty Dawson C e o il W ilcox R o b e rt W. W oo d ru ff I d a A. Young TOTAL LOAN FUNDS Fund Balance B eg in n in g Of Year A dditions Fund Balance End Of D eduotions Year $ 10.00 210.68 6 ,3 3 6 .3 6 249.87 212. 5O 2 5 ,3 4 9 .5 8 l , 079. i +2 712.94 465.21 367.94 1 , 252.02 1 ,0 2 2 .8 2 557.11 398.83 507.72 5 ,6 3 0 .2 8 1 734,990.06 5.00 519.97 3 .7 6 2.50 1, 677.62 18.39 4 .8 0 2.51 5 .7 2 84.50 20.15 12.36 68.76 9.43 746.77 248.32 93. 9O 46,441.60 "7.571.44' 10.00 215.68 6 ,8 4 6 .9 0 253. 6? 215.OO 2 6 ,2 8 0 .4 3 1 ,0 9 7 .8 1 4 6 9 .4 2 4 6 7 .7 2 373.66 1 ,3 3 6 .5 2 1 ,0 4 2 .9 7 569.47 467.59 512.20 5 ,7 2 4 .1 8 7 7 3 ,8 6 0 .2 2 MISCELLANEOUS FUNDS G eorgia iH I Club F oundation $ G e o rg ia 1+-H C lu b - M. B . Lane G e o rg ia 4-H C lu b - N egro Camp G eorgia Club - Rock E agle G e o rg ia 4 "H C lu b - U n iv e r . o f G a. Home TOTAL MISCELLANEOUS FUNDS 1 5 ,4 9 4 .0 5 1 8 9 .09 55.00 1 ,0 8 6 .6 2 6 ,8 2 4 .7 6 155.52 15.00 24, 019.28 100.00 24. 289.00 356.15 llf .1 0 15, 105.90 I5 ,6 l0 .1 5 ,2 9 3 .4 2 40.99 7O.OO 1 0 ,0 0 0 .0 0 100.00 15, 504.41 TOTAL TRUST FUNDS $ 2 ,9 3 8 ,1 4 9 .1 4 265, 659.34 91, 251.76 3 ,1 1 2 ,5 5 6 .7 2 SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1951 ENDOWMENT FUNDS B onds, U. S . T reasu ry Bonds, S ta te and M unicipal S to c k s , Common Real E state - A tlanta Real E state - Jackson S tre e t Loans on R e a l E s ta te ( U n iv e rs ity o f G eo rg ia B u ild in g s ) Loans on F r a t e r n i t y Homes R eal E s ta te Note (A tla n ta ) Loans on H eal E s t a t e - C la rk e H0w e ll & Mi H e d g e Annex TOTAL ENDOWMENT FUNDS LOAN FUNDS Bonds, U. S. T reasury S t o c k s , Common Loans on R eal E s ta te (U n iv e rsity of G eorgia B u ild in g s) Loans on H eal E s ta te (H. H. H in to n ) Loans on H eal E s ta te (C lark e H ow ell & M illed g e Annex) -72- Schedule E -2 Book V alue M arket V alu e $ 1 ,3 8 4 ,6 0 0 .0 0 152, 000.00 15,859.46 24, 500.00 11, 400.00 271,993.86 23, 500.00 I 63.72 4 5 9 ,9 5 0 .0 0 $ 2 ,3 4 3 ,9 6 7 .0 4 1 ,5 2 7 ,4 0 8 .5 0 58,030.20 16,713.75 76, 000.00 25, 000.00 271,993.86* 23, 500. 00* I 63.72 459,950.00 2 ,2 5 0 ,7 6 0 .0 3 $ 200,380.00 1 .0 0 153,263.91 1 3 ,6 6 5 .3 3 88, 350.00 192, 537.64 153, 263. 91* 13, 665. 33* 88, 350. 00* LOAN FUNDS (C o n tin u e d ) Loans on F r a t e r n i t y Homes Loans - N orth G eorgia C ollege B uildings Loans - Savannah S-tate C ollege B uildings S tu d en t N otes R eceivable TOTAL LOAN FUNDS MISCELLANEOUS FUNDS Savings A ccounts - A thens F e d e ra l Savings and Loan Asso* TOTAL TRUST FUND INVESTMENTS Book V alue Schedule E-2 M arket V alue I 62,1+5337 36,198*62 26,1+7!+* 12 111*237*99 I 692,021+* 34 62,1+53*37* 36,198.62* 26,1+71+* 12* 5Z+, 180*98 $ 15,237*27 3-5,323*57 13*051*228*65 2,958*261+,58 M arket v a lu e shown same as lo a n v a lu e on books* N ot owned by T r u s t *unds* DETAIL OF ENDOWMENT FUNDS - GOVERNMENTAL BONDS F o r Y ear Winded Ju n e 30* 1951 Schedule E - -l STATE AND MUNICIPAL BONDS A thens, C ity of A tla n ta , C ity of Columbus, C ity of Columbus, C ity of D ecatur, C ity of M arietta, C ity of M uscogee, County of M uscogee, County of Savannah, C ity of Savannah, C ity of Savannah, C ity of S ta te of Ga. - C o n s titu tio n a l Debt TOTAL STATE AND MUNIG1APAL BONDS Rate Of M atu rity I n t e r e s t Date 3% 5 -1 -5 2 l+fe 7 -1 -5 6 3$S 2-1-53 l+j'o 9-1-51+ k & 9-1-52 3% 8 -1 -5 1 IM 1+-1-55 1+-1-56 3% lo_i.c;a I M 8- 1-55 2- 1-59 Book V alue % 1 , 000.00 1 , 000.00 1 , 000.00 5, 000.00 7, 000.00 2, 000.00 U, 000.00 2, 000.00 1 , 000.00 1 ,0 0 0 .0 0 27, 000. 0c 1 0 0 ,0 0 0 .0 0 T 152, 000.00 M arket V alue 1 , 030.60 l,ll+ 9.20 1 , 033.60 5, 1+62.00 7, 262.50 2, 006.60 1+, I+3 6 .00 2, 269.20 1 , 077*10 1,118.1+0 3 1 ,1 8 5 .0 0 5 8 ,0 3 0 . U. S . TREASURY BONDS U. ij T r e a s u r y - S e r ie s A-1952 u. S. Treasury - S eries F u. ^ Treasury - S eries F . 3 Tre as u ry - S e r i e s F U. s . T re a su ry - S e rie s F u* u. 3 * Treasury s. Treasury - S eries S eries G TrT u* o T r e a s u r y - s e r i e s u u. 8 . Treasury - S eries F . s . T re a s 'o ry - S e r i e s F u. s. Treasury - S eries F u. 3. Treasury - S eries G u. s. Treasury - Seris G u. 3 * Tre as ury - S erie s F u. S. Treasury - S eries G * s* T r e a s u r y - S e r i e s F u. 3 * Treasury - S eries G l-l/Q% 1+-1-52 $ 23, 000.00 2.33% 6- 1-55 2*53>o 7- 1-55 1 , 000.00 1 , 325.00 2.33% 10- 1-55 200.00 3% 9- 15- 55-51 11- 1-55 2.33% 11- 1-55 2$/o 1- 1-56 800.00 30, 000.00 50.00 39, 150.00 2.33% 2- 1-56 50.00 2.33% 1+-1-56 2.33% 6 -1 -5 6 1 ,8 0 0 .0 0 350.00 2 & 6- 1-56 m > 6- 1-56 3 7 ,0 0 0 .0 0 10, 1+50.00 2.33% 7 -1 -5 6 2&% 1 2 -1 -5 6 200.00 33, 025.00 2.93% 12- 1-56 1 ,0 0 0 .0 0 2%% 1 -1 -5 7 1 ,0 0 0 .0 0 23,011+. 37 87I+.OO 1 , 158.05 177*1+0 803.25 2 8 ,9 2 0 .0 0 1+3*05 37,71+0.60 1+2.1+0 1,526.1+0 275*92 35.557*00 10,011.10 167.00 31, 638.00 835.00 955.00 - 75- Schedule E-2-1 U. S i TREASURY BONDS (C o n tin u e d ) U. S . T reasury - S e rie s F U. S . T reasury - S e rie s F U. S . T reasury - S e rie s G U. S . T reasu ry - S e rie s F U. S . T reasu ry - S e r ie s G U* S . T r e a s u r y - S e r i e s F U. S . T reasu ry - S e rie s G U. S . T reasury - S e rie s G U. S . T reasury - S e rie s G U. S . T reasury - S e rie s F U. S . T reasury U. 3 . T reasury - S e rie s F U. S . T reasury U. S . T reasury - S e rie s G U. S . T reasury - S e rie s G U. S. Treasury - S eries G U. S . T reasury - S e rie s 3 TOTAL U. S . TREASURY BONDS Rate Of M atu rity Book M arket I n t e r e s t D ate____________V alue__________ V alue 2.53% 2-1-27 2.93% 5 -1 -5 7 m6 -1 -3 7 2.93% 6 -1 -5 7 2^% 6 -1 -5 7 2.93% 8-1-57 f - 8 -1 -5 7 2- 1-58 2$ 7-1-53 2.93% 10-1-59 2%% 9 -1 5 -5 9 -5 6 2.93% 12-1-60 2&% 6- 15- 62-59 2fe 6-1-61 2& 3-1-61 2p6 12- 15- 72-67 2-3A % 4-1-30-75 $ 38, 500.00 I 75.OO 1 , 200.00 100.00 1 4 ,2 5 5 .0 0 5O.OO 5OO.OO 5OO.OO 4 0 7 ,7 5 0 .0 0 740.00 47, 000.00 740.00 3, 000.00 100, 000.00 75,390.00 2, 500.00 5 1 1 ,8 0 0 .0 0 $ 1 ,3 8 4 ,6 0 0 .0 0 3 1 ,6 4 7 .0 0 143.85 1 , 146.00 80.88 13. 613. 5? 4o .li4 476.00 474.50 386, 954.75 776.00 47, 058.75 754.00 2 ,9 0 8 .0 8 96, 200.00 7 2 ,5 2 5 .1 8 2 ,4 2 5 .0 0 4 9 6 ,4 4 6 .0 0 1 ,3 2 7 ,4 0 8 .5 0 TOTAL U. S . TREASURY & STATE & MUNICIPAL BONDS $1, 536, 600.00 1 ,3 8 5 ,4 3 8 .7 0 DETAIL OF ENDOWMENT !FUNDS - CJOMMON STOCKS F o r Y ear Ended Ju n e 30;, I 95I Schedule E -2-2 MON STOCKS A m erican T elephone and T e le g ra p h Company B lanchard and Booth Land Company 0f F lo r id a Perkins H osiery M ills G eneral M otors C o rp o ratio n Socony Vacuum. O i l Company, Inc U nited S te e l C orporation TOTAL COMMON STOCKS 60 shares \ share 5 shares 96 s h a r e s 50 s h a r e s 100 sh a re s 60 sh ares Book V alue $ 7,788.20 1.00 1 .0 0 1.00 2 ,5 0 1 .6 0 2 ,7 7 4 .1 0 2 ,7 9 2 .5 6 $ 1 5 ,8 5 9 .4 6 M arket V alue 9 ,1 8 0 .0 0 2 ,3 1 8 .7 5 2, 950.00 2, 265.00 16,7.13.75 DETAIL OF LOAN FUNDS - GOVERNMENTAL BONDS For Year Ended June 30, 1951 Schedule E-2-3 TREASURY BONDS U. S . T re a su ry - S e r ie s G U. s . T r e a s u r y - S e r i e s G U. 3 . Treasury - S eries G u. S Treasury - S eries G u. s . Treasury - S eries F . T reasu ry - S e rie s G u. 3 . Treasury - S eries G Rate of M aturity I n te r e s t D ate 42%% afe 2.33% 4% >74 11- 1-55 1- 1-56 6- 1-56 12- 1-56 2- 1-57 6- 1-57 7-1-58 Book V alue $ 60,000.00 85O.OO 14, 550.00 9 ,9 7 5 .0 0 4, 500.00 1 0 ,7 4 5 .0 0 1 5 ,9 5 0 .0 0 M arket V alue 5 7 ,8 4 0 .0 0 8I 9. 4O I 3. 938. 9O 9 ,5 5 6 .0 0 3 ,6 9 9 .0 0 10,261.47 15,136.55 U. S . TREASURY BONDS (C o n tin u e d ) U. S . T reasury U. S . T reasu ry - S e rie s G U. S . T reasury - S e rie s B TOTAL U. S . TREASURY BONDS R ate of M atu rity I n te r e s t D ate 9-15-59-56 3-1-61 2 -3 /& 4-1-80-75 Schedule E-2-3 Book V alue k a rk e t V alu e # 6,000.00 2 4 ,6 1 0 .0 0 5 3 ,2 0 0 .0 0 6, 007.50 2 3 ,6 7 4 .8 2 5 1 ,6 0 4 .0 0 #200,380.00 192,537.64 DETAIL OF LOAN FUNDS - COMMON STOCK F o r Y ear Ended Ju n e 30 1951 Schedule E -2-4 COMMON STOCK P itts b u r g P la o e r Cold Mine Company TOTAL COMMON STOCK 200 sh ares Book V alu e # 1.00 # 1.00 M arket V alue - 0- - 0- STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS F o r Y ear Ended June 30 1951 Schedule E-2-5 RECEIPTS INVESTMENTS REALIZED Bonds S to c k s Real E state R eal E s ta te Note U n iv e rsity of Ga. B u ild in g s - Loans F r a t e r n i t y Homes - Loan H. H. H inton P ro p e rty Loan N orth G eorgia C o lleg e - Loan Savannah S ta te C o lleg e - Loan S tu d en t Loans TOTAL INVESTMENTS REALIZED Endowment Funds Loan iiisc e lia n e ous Funds Funds T otal #216,755.00 227,971.56 1,600.00 236.28 24,072.50 1 , 750.00 &72,305.5U 3 9 ,5 0 0 .0 0 1 5 ,6 0 1 .7 4 2 ,1 8 8 .2 9 255.66 877.47 1 ,1 8 7 .1 6 1 7 ,0 4 3 .3 0 76.653.62 256,255.00 227,971.56 1 ,6 0 0 .0 0 236.28 3 9 ,6 7 4 .2 4 3 .9 3 8 .2 9 255.66 877.47 1 ,1 8 7 .1 6 17. 043.30 549,038.96 INCOME FROM TRUSTS I n t e r e s t on Bonds I n t e r e s t - U n iv er. of Ga. B ld g s. Loan I n te r e s t - F r a te r n ity Loans I n t e r e s t - N o rth Ga. C o lleg e Loan I n t e r e s t - Savannah S ta te C o l. Loan I n t e r e s t - R eal E s ta te Note I n te r e s t - H. H. H inton P ro p erty D ividends on S tocks R en ts T el. & T e l. R ights I n te r e s t - S tu d en t Loans TOTAL INCOME FROM TRUSTS # 43,013.20 8 ,8 8 2 .0 0 1 ,1 3 6 .2 5 13.72 9 ,6 9 8 .0 0 3 ,9 4 1 .3 2 128.69 # 66,813.18 4 ,2 0 6 .4 5 128.52 47,348.17 5, 065.95 (S a v in g s A c t .) 1 3 ,9 4 7 .9 5 2, 902.50 4 ,0 3 8 .7 5 1 ,1 1 2 .2 8 1 ,1 1 2 .2 8 829.84 829.84 13.72 4 9 4 .3 4 255. 5O 4 9 4 .3 4 9 ,6 9 8 .0 0 4 ,1 9 6 .8 2 2, 301.00 128.69 2, 301.00 1 7 ,1 6 7 .6 6 128.52 8 4 ,1 0 9 .5 6 FUND TRANSFERS To From NET TRANSFERS MISCELLANEOUS G ifts R ecoveries M iscellaneous TOTAL MISCELLANEOUS TOTAL RECEIPTS Cash Balanoe Ju ly 1 , 1950 TOTAL RECEIPTS AND CASH BALANCE Endowment Funds Loan Funds Schedule E-2-5 M iscellaneous Funds T otal * 5.750.87 22.35U .5U 22.35k.5u 5.750.87 $-10,603.07" 16,603.67 28,105,4l 28,105.141 - - $ 9,100.00 11*0.00 67.78 $ 9,307.76"" 6,880.014. 39.16 6 ,9 1 9 .2 0 $531,902.63 117,3141*.. 35 -8,068.92 1140,677.81 $523*833.71 2 5 8 ,0 2 2 .1 6 214,161.28 2I4, 16 1. 0 214,289.80 1 ,7 1 6 .0 1 2 6 ,0 0 5 .8 1 140,1141.32 II4O.OO 106. 9I4 240,308.26 673,536.78 134,324.90 807,861.68 DISBURSEMENTS INVESTMENTS Bonds $ 33, 000.00 Loans - C lark e H ow ell & M illed g e Annex 1459,950.00 S to c k s 8, 068.26 S tudent Loans TOTAL INVESTMENTS $501, 018.26 6 3 ,2 5 5 .0 0 10, 128.52 1 0 6 ,3 8 3 .5 2 8 8 ,3 5 0 .0 0 (S a v in g s A c t. ) 51*8, 300.00 8, 068.26 2 2 ,7 8 7 .1 5 2 2 ,7 8 7 .1 5 1714,392.15 10, 128.52 6 8 5 ,5 3 8 .9 3 EXPENSES OF TRUST S alary of T rustee R epairs and Insurance P rizes - S ch o larsh ip s, etc* C o lle c tio n Costs T ra n sfe rs - U niv. of Ga. - G eneral $ 1 , 500.00 1 , 098.142 988.83 1*5.00 10, 730.00 T ra n s fe rs r Univ* o f Ga. - R e s tr ic te d 10,6714.98 T ra n s fe rs - Univ* of Ga. - S p ec. R e s t. 1 3 ,7 9 9 .5 9 T ran sfers - O ther I n s titu tio n s 14,593.1+0 Charge O ffs - Loans M iscellaneous 160.18 TOTAL EXPENSES OF TRUST $ U 3.59-.liir 385.00 912.00 2I48.32 158.75 90.06 1.796-13 TOTAL DISBURSEMENTS $51*14, 608.66 176, 186.28 Cash B alan ce June 30* 1951 -20,7714.95 81, 835*88 TOTAL DISBURSEMENTS AND CASH BALANCES $ 5 2 3 ,8 3 3 .7 1 258, 022.16 13,895*78 1.711+. 37 15,610.15 " 1 , 500.00 1 , 098. 1*2 1 . 373.83 957.00 10, 730.00 2u . 570.76 13. 799.59 I4. 8l4l .72 158.75 1 , 961*. 61 2 5 ,7 3 8 .6 7 7U6.533-61 267.H + 26, 005.81 6 1 ,3 2 8 .0 7 807, 861.68 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1951 Sohedule F CURRENT FUNDS G eneral R estricted A uxiliary G eneral E xtension TOTAL CURRENT FUNDS Cash balance J u ly 1, 1950 R eceipts D isbursem ents Cash S al ance For Year For Year Ju n e 30, 1951 $ 118,031.07 3,559,537.73 3,391,587.19 93. 3U l*8l*,992.99 1*15,14L4L499 197,1461.71+ 1 ,2 0 6 ,5 3 2 .5 6 1,181*. 075.91+ 1*8,362.18 3 1 6 ,667.28 273,137.31+ $ 363.9U .33 5 ,5 6 7 ,7 3 0 .5 6 5 ,M 4 ,2 9 5 .1 j6 -76- 285,981.61 69. 6I4I . 3I4 219,918.36 91,8142.12 667,303.1*5 AGENCY FUNDS PLANT FUNDS TRUST FUNDS M iscellaneous Endowment Loan TOTAL TRUST FUNDS TOTALS Cash Balance J u l y 1 , 1950 $ 196, 652+. 01 $ 318,270.2+1 R eceipts For Year Schedule F D isbursem ents Cash Balanoe F o r Y ear Ju n e 30. 1951 972l,997.93 7 5 6 ,3 8 6 .2 6 9 2 0 ,8 5 6 .2 2 809.702i.52i 2 5 0 ,7 9 5 .7 2 262+,952.13 $ 1,716.01 -8 ,0 6 8 .9 2 1^0,677.81 $ 134,324.90 2l+,289.80 5 3 1 ,9 0 2 .6 3 117.32ili.35 673,536.78 2 5 ,7 3 8 .6 7 52+1+, 6 0 8 .6 6 176,186.28 " 72+6,533.61 267. 12+ -20,7721.95 81,835*88 6 1 ,3 2 6 .0 7 $ 1 ,0 1 3 ,1 9 7 .6 5 7 ,9 7 2 .6 5 1 .5 3 7,72+1,389.83 1,21+11,2+59.35 BANK BALANCES Cash and Cash B alances G eneral R e stric te d , A u x iliary , P lant & E xtension N a tio n a l Bank of Athens C ash on Hand T ru st Funds N a tio n a l ttank of A thens C itiz e n s & S ou th ern N a tio n a l Bank of A tla n ta Cash on Hand TOTAL $975,287.68 207,82+3.60 $1,3.83,131*28 $ 55,578.51 2+,3 9 1 .3 6 1 ,3 5 8 .2 0 6 1 ,3 2 8 .0 7 $1,21+!+,2+59.35 STATEMENT OF AGENCY FUNDS F o r Y ear Ended Ju n e 30, 1951 Schedule G A lpha P h i Omega A rt A uction A rt E xhibit A tlanta C onstitu tio n B acteriology Breakage Breakage - G eneral Bureau B usiness R esearch Campus S o c i a l s Chem istry Breakage Columbus Off-Campus Commemorati ve ? 1 a te s Community C o n c e rt D em onstration School C a fe te ria Employees R etirem en t Experim ental F o re stry F aculty Flowers Family L ife Conference Farm S h o rt Course F ederal H ousing P ro je c t F e r tiliz e r Experim ent Foreign Tours uasn balance R eceipts D isbursem ents Cash Balanoe J u l y 1 , 1950 F o r Y ear F o r Y ear T r a n s f e r s Ju n e 30. 1951 .02 5O.OO 1,505.62 -21.66 215.OO 2+55.99 6,936.77 127.99 638.6O U.531.35 5.00 883.I2 1,912+. 10 2,527.2+6 1,391.2a 5.55 63.62 26+.92 8,918.36 18.69 1.565.23 2+23.2+5 2+08.72 9 ,0 1 7 .3 5 850.0 7,2+11.60 2+2+0.09 5,963.2+1 17,82+1.87 2,522.92+ 3 ,8 9 0 .6 2 88.07 200.00 1,862+. 98 386.31 2+55.28 7,338.78 II.5 0 766.96 2,975.06 5.00 988.72 7,2+72. l a 18,928.92+ 2,351.2+8 3,825.52 68.3+ 89.17 1+6.00 18.69 .02 5O.OO 1,205.87 15.2+8 215.OO 2+09.2+3 8,615.32+ 116.2+9 721.62+ 9 ,0 0 0 .8 9 - 0- 332+. 2+9 2+05.10 1,2+2+0.39 171.2+6 1,2+23.51 25.28 172+. 2+5 218.92 8,918.36 - 0- 1.2+5 -77- 1.2+5 F o r e s t r y Camp Founders M em orial Garden G. E . B. S o u th ern E d u catio n F ilm G. 0 . P . S o c ia l fu n d G*10 S e s q u ic e n te n n ia l G eo rg ia Power Company G eo rg ia Power Company l i g h t s G ift fo r Pharmacy Jean Grougrou John Hancock Insurance Rsv. Home E c . S c h o o l Lunch Home M anagement In d u s tria l A rts I n te r f r a te r n ity C ouncil Intram ural Laundry L ectures Lectures - S c ie n tific M ilita ry D eposits Model Pee Movie P r o je c t M usic Ph. D. T hesis Pharmacy Breakage Phi E psilon Pi Phi Kappa Phi Physics Breakage Pi Kappa A lpha Pi Kappa Phi P o rtra it Account P re sid e n t's R eception P rizes P u b lic O ccasions R eligious A c tiv itie s R eserve Red & B lack S a le s Tax - Creamery S ales Tax - D ining H a lls S a le s Tax - E xperim ental F o re stry S a le s Tax - H o rtic u ltu re S a le s Tax - M eat C uring S a le s Tax - P o u ltry S a le s Tax - P ress S a le s Tax - P rin tin g S a le s Tax - S tu d e n t Union S a le s Tax - U n iv e rsity S to re s S h o rter Fund Sigm a Nu House Sigma P i S t a t e Home D e m o n s tra tio n Student A c tiv itie s - G eneral Student A c tiv itie s - O rchestra S tu d en t Clubs Student Papers S tu d e n t Union Study of G eorgia Negro Towel D eposit Schedule G Cash balance R eceipts D isbursem ents Cash Balance J u l y 1 , 1950 F o r Y ear F o r Y ear T r a n s f e r s Ju n e 30, 1931 $ 1,371.56 801.65 4 ,8 2 1 .0 0 -3 6 .4 5 11.0 1 150.00 181.28 5 ,9 1 3 .8 1 505.08 555.29 538.64 5 ,4 8 2 .1 1 - 55.03 5 ,8 4 2 .8 2 976.54 3 4 .7 4 3 0 ,8 0 3 .5 7 21.68 1 ,8 5 2 .9 5 14,397.43 100.00 3.38 1 ,2 8 4 .2 1 277.75 1 ,9 0 4 .5 0 215. . 5O 60.00 2 ,0 9 2 .1 5 5 ,3 4 7 .3 5 8 0 0 .76 404. 7I 188.39 2 3 ,8 9 9 .6 0 2 ,1 2 4 .1 2 90.00 3 ,9 9 9 .9 9 233.58 175.00 242.00 -78- 1 , 069.00 1 ,4 5 0 .0 0 78, 280.22 10, 000.00 1 , 030.20 2 1 ,4 5 7 .0 8 400.00 9 ,7 5 8 .1 5 1 ,6 7 6 .4 4 1 6 ,8 4 8 .9 0 9 ,5 5 8 .6 8 6 0 ,6 4 1 .1 2 1, 500.00 60,516.85 198.10 3 ,5 4 6 .0 0 2 0 ,9 0 4 .4 7 50.00 2, 400.00 835.00 176.25 3 ,3 5 2 .2 5 2 ,6 4 0 .0 0 56.70 175.75 1 , 150.38 5, 550.00 471.23 293.77 .27 26.87 431.97 3 .7 7 15.17 2 4 .3 4 11.88 8 6 0 .8 4 387.61 3,815*33 1 ,2 5 7 .5 0 5 ,6 2 6 .7 5 154,999.33 3 ,4 1 7 .0 0 2 7 ,9 7 5 .0 0 1 2 ,8 8 1 .1 7 626.50 1 ,0 1 0 .1 8 2 ,0 1 8 .2 5 82, 018.83 2 ,8 9 0 .4 7 52.62 9 5 5 .2 0 16,026.75 9 ,7 3 7 .3 7 1 ,5 8 1 .1 6 18,028.23 9 ,2 6 5 .3 0 6 3 ,1 2 9 .6 9 2, 273.11 4 5 ,3 0 4 .5 2 177.00 4 ,4 1 9 .4 5 1 8 ,2 4 5 .8 8 3 .3 8 1 , 230.02 835.00 318.87 3 ,1 9 4 .0 0 3 ,5 4 7 .0 0 75.00 171.75 1 ,1 5 0 .3 8 5 ,6 7 5 .5 7 3 6 5 .5 4 247.15 17.82 222.36 3* 14 9 .3 8 21.47 10.38 596.15 991.76 4 ,0 1 1 .7 5 1 ,2 5 7 .5 0 5 ,6 3 7 .1 3 1 3 4 ,6 8 5 .3 4 3 ,3 9 9 .0 0 2 7 ,9 7 4 .6 7 1 1 ,8 4 6 .0 8 4 5 6 .1 9 6 0 .0 0 2 ,1 2 4 .1 2 1 ,4 3 0 .3 8 233.40 1 ,0 8 2 .3 9 -3 6 .4 5 7 ,1 0 9 .5 3 11.0 1 150.00 128.66 7 5 .0 0 1 1 ,3 4 ^ .1 4 905.08 576.07 633.92 4, 302.78 238.35 3, 354.25 203.43 34.74 46, 015.90 42.78 979.50 1 7 ,0 5 6 .0 2 150.00 - 0- 1 ,1 6 9 .9 8 - 0- 1 , 141.59 436.00 997.50 197.20 4.00 - 0- 0- 1 , 966.58 5, 347.35 105.69 46.62 .27 9 .0 5 209.61 .6 3 5.79 2.87 1.50 264.69 196. 6 l 208.29 - 0- 178.01 4 4 ,2 1 3 .5 9 - 0108.00 4, 000.32 1 ,2 6 8 .6 7 175.00 412.31 T ra ffic Fine Typing V eterans T hesis U nallocated - Student A c tiv itie s U n iv e rsity Band Vending M achine V eterans Reader S ervice V eterin ary M edicine L ib rary V ocational R e h ab ilitatio n Wei n , Amon W hite House C onference Womens S o c i a l Fund SUB-TOTAL Reserve R e g istra tio n D eposits Retirem ent W ithholding Tax TOTALS Schedule G Cash B alance R eceip ts isbursem ents Cash balance J u ly 1 , 1950 F or Y ear For Y ear T ra n s fe rs Ju n e $ 0 , 1931 $ 1,160.77 -2 ,6 6 8 .0 6 800.00 1,356.14+ 237.70 - 3Q1+.69 76.90 J4O5.I5 256.O6 $149,365.40 1,145.15 1,571.20 2,563.08 2,747.27 133. 800.00 5,547.50 6,772.89 2 5 .I6 432.OO I77.OO 100.00 26.40 376.50 436.OO 2,800.00 1,600.00 I35.OO 872.45 75.25 781.22 593,076.21' 547,693.32 2,184*12 734.72 -2 ,8 5 2 .2 5 133.34 I3I.O 5 212.54 -49.69 149.60 345.65 1,200.00 59.75 347.29 192,564.17 $ 3,765.00 12,108.91 109,011.24 104,455.14 31,414.70 272,910.48 266,523.64 3 ,7 6 5 .0 0 16,665.01 37,801.54 $196,654.01 974,997.93 918,672.10 2,184.12 250,795.72 STATEMENT OF UNEXPENDED PLANT FUNDS F or Year Ended Ju n e 30 1951 Schedule H BALANCE, BEGINNING OF YEAR ADDITIONS: 1, From S ta te of G eorgia f o r Pharmacy B u ild in g 2 S a le o f L ucas House 3. R efund A r c h i t e c t s F ees L ib r a r y from U n iv e r s ity System Housing A u th o rity 4* T r a n s f e r from R e s t r i c t e d Funds 5* T r a n s f e r fro m G e n e ra l Funds 6. T r a n s f e r from T r u s t Funds 7. T ra n sfe r from A u x ilia ry Funds TOTAL ADDITIONS Funds fo r P lan t Debt A dditions S e rv ic e $318,270.41" 25,000.00 3IO.OO 37,138.31 10,000.00 81,447.95 548,300.00 5,000.00 $707,196.26 49,190.00 49,190.00 T otal 3 8 ,5 7 tn il 25,000.00 310.00 37,138.31 10,000.00 81,447-95 548,300.00 54,190.00 756,386.26 DEDUCTIONS: 1. Expended fo r P la n t A dditions a. B uildings & A dditions to B uildings b . Improvements O ther th an B u ild in g s c . Equipment TOTAL EXPENDED FOR PLANT ADDITIONS 2. Loans R epaid to Endowment Funds 3 O th e r D e d u c tio n s TOTAL DEDUCTIONS BALANCE, END OF YEAR $712,915.01 22,989.43 24,610.10 $760,514.54 ' $ $ $760,514.54 36,635.97 12,554.03 49,190.00 $264,952.13 712,915.01 22,989.43 24,610.10 760,514.^4 36,635.97 12,554.03 809,704.54 264,952.13 - 79- SUMMARY OF INVESTMENT IN PLANT As o f Ju n e JO , 1951 VALUE OF PLANT, JULY 1 , 1950 ADDITIONS DURING YEAR Expended from P lan t Funds Expended from E d u catio n al and G eneral Funds Expended from G eneral E xtension Funds Expended from A u x ilia ry E n te rp rise s A djustm ents of P rio r Years (N et) TOTAL ADDITIONS VALUE OF PLANT, JULY 1 , 1950, PLUS ADDITIONS DEDUCTIONS DURING YEAR P ro p e rty worn out or oth erw ise d isp o sed of Refund of A rc h ite c ts Fees from U n iv e rsity System H ousing A u th o rity TOTAL DEDUCTIONS VALUE OF PLANT, JUNE 3 U, 1951 DEDUCT 1 Loans Payable INVESTMENT IN PLANT, JUNE 3 0 , 1951 Schedule H -l $1 2 , 1 7 2 , 1490.74 $760,514.54 153,716.23 8, 888.51 17,046.99 2 ,7 2 3 .3 1 " $ 942,889.58 $ 1 3 ,1 1 5 ,3 8 0 .3 2 $ 18,000.00 3 7 ,1 3 8 .3 1 $ 55,138.31 $ 1 3 , 0 6 0 , 2142.01 973,557*77 $ 1 2 ,0 8 6 ,6 8 4 .2 4 LAND F r a n k l i n Campus 37 Acres 13 A cres 13 A cres (Jackson St.) 7 A cres (Prince Ave.) C ollege of A g ricu ltu re 150 Acres C o o r d in a te Campus 40 Acres 17 A cres TOTAL CAMPUS Off-Campus **150 A cres (Denmark) *870 Acres 1875 A cres (W h iteh all) 462 A cres (Hardman) 6O7 A c re s (W atson) TOTAL OFF-CAMPUS TOTAL LAND STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1951 Year A cquired Investm ent B eginning Of Year A d d itions Schedule H -l D eductions Investm ent End Of Year 1304 $ 1937-38 1937-42 1949 1928 5 5 ,5 0 0 .0 0 19, 500.00 25, 000.00 45, 000.00 7, 000. 00( 1 ) 1860 1927 45, 600.00 y 190, 600.00 7, 000. 00( 1 ) 1914 1928 1936 1936 1933 4 7, 500.00 32, 650.00 18, 675.00 2, 500.00 9, 000.00 $ 70, 325.00 $ 260, 925.00 7, 000. 00( 1 ) - 80- 5 5 ,5 0 0 .0 0 19, 500.00 25, 000.00 7, 000.00 45, 000.00 45, 600.00 1 9 7 ,6 0 0 .0 6 7, 500.00 32, 650.00 18, 675.00 2, 500.00 9, 000.00 70, 325. 267, 925.00 Schedule H-2 Year A cquired Investm ent B eg in n in g Of Year A dditions D eductions Investm ent End of Year B . BUILDINGS F r a n k lin Campus A cadem ic A rt Classroom A th le tic O ffice Baldwin H a ll B o i l e r Room Brown D orm itory B us, Admin. Annex C andler H all I 9O4. i 180, 270.01 19U8 2l+, li+L*. 35 I929 I, 000.00 1938 287, 872. 71* 19U8 2.565.00 I 932 150,000.00 19l*8 29, 622.05 I 9OI 101, 356.71 180,270.01 2i+, 1I+I+. 35 1,000.00 287,872.71+ 2,565.00 150, 000.00 29,622.05 101,356.71 it C h an cello r House Chapel C hem istry Annex C larke Howell C lark e H ow ell Wings Commeroe-J o u rn alism C osta Dem osthenian H a ll Denmark H a ll F ie ld House A F ie ld House B Fine A rts Garage & Shop G raduate D orm itory G reenhouse H irs c h Law Infirm ary (G ilb ert) Language & L e tte rs LeConte H a ll L ib rary (Peabody) L ib ra ry Annex Lucas House Lumpkin House Lumpkin House Annex L u s tra t House M eigs H a ll M emorial H a ll M ilita ry B uilding M illedge H all S tu d e n t Union Boys & G i r l s D< M illedge Annex M illed g e Annex Wings Moore C o lleg e New C o lle g e Old C o lleg e Peabody H all Phi Kappa H a ll P rin tin g Shop Reed House 5 Jackson 5 Jackson 5 Jackson 5 Jackson 3 Jackson 7 Jackson 1855 1855 191*8 1937 1951 1927 1821+ I9OI 1929 1929 19l*l 191*2 I9I+O 191*8 1932 I9I+2 1938 1937 I9O3 191+8 1850 1950 191*7 I 905 I923 I93I 1921-39 I9I+0 I95I 1871+ 1823 1801 1913 I83I+ 1951 1807 1937-1*2 I9I+2 1937-1+2 1937-1+2 1937-1*2 1937-12 1 0 .0 0 0 . 00 1+0, 000.00 1+8 , 360.1+1+ 1+6 , 888.00 192,61+1+. 9 8 52l+,61+6*12 25,11+6.25 1 5 .0 0 0 .00 50,000.00 2, 000.00 1,000.00 365, 200.00 13,811.38 70.600.00 19,038.59 169,805.89 5,716.59 256, 866.26 lj+8,000.00 9 5 ,3 0 0 .0 0 159, 691+. 66 1+3,137.31+ 8, 000.00 10,1+91.11 1,336.96 800.00 I I , 000.00 60, 000.00 386,721.52 25,000.00 150,000.00 5,760.00 6, 1+86.30 92,000.00 222,383.1+7 70,000.00 8,366.29 60,000.00 23,125.65 101,356.72 101,087.11 1 0 ,0 0 0 .0 0 3 ,3 0 7 .8 6 5,000.00 3,000.00 i+,500.00 3,500.00 3,000.00 2,500.00 2,500.00 10, 000, 00( 2) 8 ,0 0 0 .0 0 (2 ) 1+0 , 0 0 0 .0 0 1+0 , 3 6 0 . 1+1+ 1+6 , 888.'00 192,61+l+.98 52l+,61+6.12 25,11+6.25 15, 000.00 50, 000.00 2, 000.00 1, 000.00 365, 200.00 13,811.38 70, 600.00 19,038.59 175,522.1*8 256,866.26 11+8 , 0 0 0 .0 0 9 5 ,3 0 0 .0 0 159,691+. 66 1+3,137.31+ 11,828.07 800.00 1 1 ,0 0 0 .0 0 6 0 ,0 0 0 .0 0 386,721.52 25, 000.00 150, 000.00 5, 760.00 6,1+86.30 92, 000.00 222,383.1+7 78,366.29 83,125.65 101,356.72 101,087.11 10,000.00 3,307.86 5. 000. 00 3. 000. 00 i+,500.00 3. 500.00 3. 000. 00 2. 500.00 2.500.00 -81- 1 Schedule H-2 Year A cquired Investm ent B eginning Of Year A dditions D eductions F r a n k lin Campus (C o n t'd ) Stegeman H a ll Storeroom - Jackson S tra h a n House 1943 1938 1856 T e rre ll H all 1901; W oodruff H all 1921; Boys Dorm, (Tucker &Howel$ I l a h L i t t l e Mem, L ib r a r y W arehouse - Ja c k so n St, 1951 TOTAL FRANKLIN CAMPUS $ 438, 000.00 2, 000.00 12,036.49 90, 000.00 75, 000.00 9, 172.50 34, 415.00 765.99 2,723.31(3) 37,138.31(4) 6, 000.00 $ 4 ,6 6 4 ,6 5 2 .5 4 466,371.10 "55,T3B'.T1" P r e s i d e n t s Home $ 124, 876.82 7, 000.00 Investm ent End Of Year 438, 000.00 2, 000.00 12, 802.48 90, 000.00 75, 000.00 9 ,1 7 2 .5 0 6, 000.00 5 ,0 7 5 ,8 8 5 .3 3 \ 117, 876.82 C ollege of A g ricu ltu re AAA B u ild in g A battoir Barracks (Fain) A B arracks (Dudley) B B arracks (G riggs) C Barrow H a ll Barrow H a ll Shop B o ile r House A B o ile r House B B o ile r House C C afeteria (S nelling) Camp W ilk in s C avalry Barn C avalry Barn C avai ary Barn Annex C avalry O ffice (Shack) C avalry B Sm ith Shop Connor H all D airy Products Dawson H a ll F ie ld House Food P ro c e ssin g (Canning) Food P ro c e ssin g (M eat) F orestry Four-H Club Garage near P o u ltry Bldg, G arage n e a r 1195 Lumpkin G reenhouse (Veg, & Flowers) Greenhouse (R esearch) Hardman H a ll Hoke Sm ith E x te n sio n Home Management A Home Management B Home Management C Home Management D Laundry Dry C leaning P la n t B o i l e r Room Gas House R epair Shop Lumpkin H a ll Mary Lyndon H a ll 1940 191*0 1942 1942 1942 1911 1936 1942 1948 19i*0 I 925 I 92O I 926 I 936 I 93O I 92O I 9O8 1940 I 932 1943 1934 1940 I 9I 3 1914 1948 1919 1938 1940 1940 1940 1940 1942 1942 1942 1942 1942 1829 1937 $ 50, 000.00 13, 500.00 60, 000.00 30, 000.00 30, 000.00 75, 000.00 8, 000.00 5, 000.00 5, 000.00 9, 000.00 133, 000.00 40, 000.00 7, 500.00 1 , 000.00 600.00 500.00 400.00 200, 000.00 120, 716.00 187,035.85 54, 336.61 3, 000.00 52, 190.75 122, 000.00 3, 000.00 200.00 200.00 5, 300.00 46, 227.01 45, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00 4, 500.00 2, 000.00 500.00 500.00 10, 000.00 102, 400.00 - 82- 50, 000.00 13, 500.00 60, 000.00 30, 000.00 30, 000.00 75, 000.00 8, 000.00 5, 000.00 5, 000.00 9, 000.00 133, 000.00 40, 000.00 7, 500.00 1 , 000.00 600.00 500.00 400.00 200, 000.00 120, 716.00 187,035.85 54, 336.61 3, 000.00 52, 190.75 122, 000.00 3, 000.00 200.00 200.00 5, 300.00 46, 227.01 45, 000.00 78, 300.00 15, 000.00 15, 000.00 15, 000.00 15, 000.00 30, 500.00 4, 500.00 2, 000.00 500.00 500.00 10, 000.00 102, 400.00 Year A cquired Investm ent B eg in n in g Of Year A dditions C ollege of A g ric u ltu re (Contad) Nursery School 1940 P ain t & J a n ito r Shop 1919 P hysical Education I 929 P lan t Pathology I 9I 5 P o u ltry I 9I 3 R esidence - 1195 Lumpkin B o ile r H o u se, R ear Poultry I 9I 3 R e s ., R ear 1195 Lumpkin 191+5 R e s., 225 B urnet S t. I 929 R e s ., 225 B urnet S t. R e s ., 21+5 B u r n e t S t . I 929 I 929 Livestock S h elters R.O.T.C. Classroom R utherford H a ll I 9I+7 1939 Shop - Grounds Soule H all I 9I 9 U niversity Stores V eterinary B uilding V eterinary C lin ic ftl V eterinary C lin ic #2 191+3 191+7 19I+8 191-+8 V e terin ary M edicine 19I+8 W areh o u se, Rear AAA Bldg. 191+0 W arehouse, $1 on R.R. I 9I+8 W arehouse, $2 on R.R. I 9I+8 TOTAL COL. OF AGRICULTURE $ 35, 000.00 500.00 153, 262.76 15, 000.00 15, 000.00 3, 000.00 200.00 800.00 1, 000.00 1 , 000.00 1 , 000.00 1+,999.99 15, 390.00 11+3, 500.00 2, 000.00 125, 000.00 3, 500.00 16, 611+. 00 1 8 ,0 0 0 .0 0 12, 015.20 1,21+9,01+3.33 251+,9 8 3 .8 1 2, 000.00 9, 000.00 9, 000.00 # 3, 1+32, 251.50 251+,983.81 C o o rd in a te Campus Barn 1927 B radw ell H all .1896 Carnegie L ibrary 1909 Cobb House 1909 D ozier School 19I I Gilmer H a ll 1860 Infirm ary 1916 M iller H all 1917 Old A uditorium 1398 Pound A uditorium 1917 Pow ell House 1891+ R esidence, Foreman 1927 Senior H all (Rhodes) 1906 Shop, A griculture Smith B u ild in g 1927 1906 T raining School 1902 W hite House W innie D avis H a ll 1899 1902 TOTAL COORDINATE CAMPUS Farms 2 H o u se s, SW p o t . Ag. *r.g. c u rin g 2 H o u se s, SW p o t . Ag. Eng. c u rin g 1 House, Instrum ent Ag. Eng. 191+1 191+1 191+1 St 5OO.OO 50, 000.00 35, 000.00 5, 000.00 1 , 500.00 65, 000.00 5, 000.00 85, 000.00 12, 000.00 75, 000.00 6, 000.00 2, 500.00 1+0,000.00 500.00. 1+5,000.00 30, 000.00 1 , 000.00 i+0,000.00 W 1+99,000. o $ 1+00.00 680.00 5O.OO 85- D eductions Schedule H-2 Investm ent End Of Year 35, 000.00 500.00 153, 262.76 15, 000.00 15, 000.00 3 ,o o o .o u 200.00 800.00 1 , 000.00 1, 000.00 1 , 000.00 1+,999.99 15, 390.00 11+3, 500.00 2, 000.00 125, 000.00 3, 500.00 l 6, 6U+.00 1 8 ,0 0 0 .0 0 12, 015.20 l,5 0 l+ ,0 2 7 .ll+ 2, 000.00 9, 000.00 9, 000.00 3, 687, 215. 3! 500.00 50, 000.00 35, 000.00 5, 000.00 1, 500.00 65, 000.00 5, 000.00 85, 000.00 12, 000.00 75, 000.00 6, 000.00 2, 500.00 l+o, b o o . 00 500.00 1+5, 000.00 30, 000.00 1 , 000.00 1+0, 000.00 1+99, 000.00 50.00 Year A cquired Farms (C ontinued) 1 H ouse, Tool-A g. Hng. 191*1 1 1 H o u se , 1 0 x l6 Ag. Hng. 191*6 1 H ouse, Exper.-A g. Eng. 1 House, E xper.-A g. Eng. B arn, D airy-A nim al Husb. 1915 B arn , Hog-Animal Husb. B arn, H orse-Anim al Husb. B arn, Isolation-A nim al Husb. 1923 B a r n , M ule-A nim al H usb. 1951* B ullpens-A nim al Husb. 1951* Im plem ent ShedAnimal Husb. 1920 O ffic e , Foreman's - Animal Husb. 1927 R esidenoe A - C arlto n Ave .-A nim al H usb. 1915 R esidence B - C arlto n A ve.-A nim al H usb. 1915 R esidenoe - Duplex Animal Husb. 1912 R esidence A - N ear Dairy- B arn - Animal H usb. 1912 Residence B - Near D airy B arn - Animal Husb. 1912 R esidence C - Near D airy B arn - Animal Husb. 1915 R esidence - N ear R.R. 1909 S cale Shed-Anim al Husb. 1929 1 B rooder House,, 16x18 P oultry 1 Brooder H ouse, 18x18 19l*0 P oultry 19l*0 1 B ro o d e r H o u se, 16x1*6 P oultry 19l*0 1 Brooder H ouse, 16x18 P oultry 6 Brooder Houses, llpcl6 19l*0 P oultry 19l*0 6 B rooder H ouses, 12xli+ P oultry 19l*0 3 Brooder H ouses, 15x16 P oultry 19l*0 3 Brooder H ouses, 16x20 P oultry 19l*0 2 Brooder H ouses, 20x20 P oultry 191*0 1 Brooder & Incubator B ld g .-P o u ltry 1 B ro o d e r House 2l*x11- 19l*0 P oultry 191*3 1 Feed and Lab. B ld g .- P oultry 19l*2 G rading and P acking P oultry 19l*2 Investm ent B eginning Of Year A dditions 200.00 1*00.00 1 , 000.00 300.00 1+0, 000.00 1 , 500.00 i+,000.00 1 , 200.00 3, 000.00 600.00 1 , 000.00 250.00 600.00 600.00 1 , 200.00 900.00 900.00 960.00 2, 500.00 250.00 1 , 100.00 1 , 200.00 600.00 250.00 1 , 200.00 900.00 525.00 600.00 1+50.00 8, 000.00 5, 000.00 7, 000.00 800.00 -8 4 - D eductions Schedule H-2 Investm ent End Of Year 200.00 1+00.00 1 , 000.00 300.00 1+0, 000.00 1, 500.00 l+,000.00 1, 200.00 3, 000.00 600.00 1 , 000.00 250.00 600.00 600.00 1 , 200.00 900.00 900.00 900.00 2, 500.00 250.00 1 , 100.00 1 , 200.00 600.00 250.00 1 , 200.00 900.00 525.00 600.00 1+50.00 8, 000.00 5, 000.00 7, 000.00 800.00 } -G Year A cquired Farms (C ontinued) K illin g and D ressing - P oultry 59 Laying T est B ldgs. 12xl4 P o u ltry 3 Laying Houses 20x50 P oultry 1 Laying House 20x50 P oultry 6 Laying Houses ll.|x24 P o u ltry 1 Laying House 12x14 P o u ltry 10 Range Houses 11x12 P o u ltry 1 R e s id e n c e '** P o u l t r y Hardeman M em orial F o re s t D w elling - F o re stry 1936 Barn - F o re stry 1936 Oconee and Denmark Barn - H o rtic u ltu re 1936 Cabin - F o re s try 1936 5 D w ellings - H o rt. Garage & Shed - H o rt. I9bk 1936 Log C abin - F o r e s tr y Machine Shed & Shop - H orticulture 1938-39 N ursery B ldg. - Forestiy O ffice - H o rticu ltu re Storage Shed - H ort. 1935 1941 Sw eet P o t a t o R o u se -H o rt. 191+2 Veg. G rading House -H ort. 1943 Watson S p rin g s Barn - F o re stry Cottage - F o re stry House - F o re s try S to re House - F o re s try 1933 1933 1933 1933 S to r e House 42 Forestry 1933 W hitehall Barn - Agronomy D w elling - Agronomy 1936 1936 F ie ld Shed (a) Agronomy 193 F i e l d Shed (b ) Agronomy 193& S to ra g e H ouse - Agronomy 1936 S to rag e House - Agronomy 193 T en an t H0u se (a ) A g ro n . 1936 T en an t House (b) A g ro n . 1936 T en a n t H ouse (c ) A gron. 1936 T e n a n t H ouse (d ) A g ro n . 1936 T o o l House (S m a ll) Agrcn. 193& T o o l H ouse (L a rg e ) Agyon. 193& B arn (a ) A nim al H usb. 1936 B arn (b ) A nim al H u sb . 1936 Barn Feed & S cales - Animal H usb. 1936 Investm ent B eginning Of Year 3, 000.00 1 4 ,7 5 0 .0 0 3, 000.00 1+00.00 1 ,8 0 0 .0 0 200.00 350.00 3, 000.00 1+00.00 100.00 2, 000.00 200.00 10, 000.00 600.00 1+00.00 700.00 600.00 300.00 600.00 1 , 500.00 1, 200.00 500.00 500.00 1 ,0 0 0 .0 0 100.00 100.00 1 ,0 0 0 .0 0 500.00 200.00 50.00 15.00 15.00 2 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1+00.00 300.00 30.00 1+00.00 300.00 500'. 00 1, 500.00 -85- A dditions D eduotions Schedule H-2 Investm ent End Of Year 3, 000.00 11+ .750.00 3, 000.00 400.00 1 ,8 0 0 .0 0 200.00 350.00 3, 000.00 400.00 100.00 2, 000.00 200.00 10, 000.00 600.00 400.00 700.00 600.00 300.00 600.00 1, 500.00 1 , 200.00 500.00 500.00 1 ,0 0 0 .0 0 100.00 100.00 1 ,0 0 0 .0 0 500.00 200.00 50.00 15.00 15.00 2 ,0 0 0 .0 0 1 ,0 0 0 .0 0 400.00 300.00 30.00 400.00 300.00 500.00 1, 500.00 Year A cquired Investm ent B eg in n in g Of Year A dditions ns (C o n tin u e d ) lite h a ll (C ontinued) 1+ Hog H ouses - A nim al H usb, 1936 5 Hog H ouses - A nim al Husb, I 936 2 Tenant Houses - Animal Hush, 1936 2 Tenant Houses - Animal Husb, I 936 B a rn , B r ic k - F o r e s t r y I 936 D w elling, B rick - F orestry House 1 - F o re stry House $2 - F o re stry 1936 I 936 1936 H ouse #3 - F o r e s t r y House $+ - F o re stry 1936 1936 Shed - F o re stry 1936 B arn, P oultry I 936 D w elling A - P o u ltry D w elling B - P o u ltry Garage - P o u ltry I 936 1936 I 936 Laying H ouse, 2lpell0 - P oultry 1936 Laying H ouse, 20x130 - P oultry 1936 20 Range H ouse, 10x10 - P oultry 1936 1+ Range H o u se , 22x31+ - P oultry 1936 Rem odeled P o u l t r y House 1936 Shop - P o u ltry Smokehouse - P o u ltry I 936 I 936 TOTAL FARMS $ 2 ,0 0 0 .0 0 125.00 2, 000.00 3, 000.00 600.00 5, 500.00 600.00 J+50.00 500.00 feo .o o 300.00 2, 000.00 i+,000.00 1 , 1+00.00 20.00 1 , 200.00 1 , 200.00 1+00.00 300.00 1 ,2 0 0 .0 0 20.00 1+0.00 * 172,870.00 TOTAL INVESTMENT BUILDINGS $ 8,893,630.86 721,351+. 91 D eductions Schedule H-2 Investm ent End Of Year 6 2 ,1 3 8 .3 1 2 ,0 0 0 .0 0 125.00 2, 000.00 3, 000.00 600.00 5, 500.00 600.00 1+50.00 500.00 1+50.00 300.00 2, 000.00 l+,000.00 1 , 1+00.00 20.00 1 , 200.00 1 , 200.00 1+00.00 300.00 1 ,2 0 0 .0 0 20.00 1+0.00 172,870.00 9,552,81+7.1+6 C . IMPROVEMENTS OTHER THAN BUILDINGS S tr e e ts and Sidew alks L ig h tin g System H eatin g System W ater Systems L a n d sc a p in g P r e s i d e n t ' s Home T e n n is Gour t s 3 238,369.73 1,81+0.26 38,730.1+2 126,717.67 5,200.00 15,000.00 11,1+73.51+ 12,1+32.58 TOTAL IMP, OTHER THAN BUIIDINGS $ 1+30,291.36 19,1+72.81+ D. EQUIPMENT A dm inistrative Physical P lant L ibrary In s tr u c tio n a l Departm ent O rganized R esearch E xtension D orm itories $ 53,i+ol+.98 86,707.38 680,817.1+7 1,115,981+. 08 135,1+25.89 76,551+. 1+2 1 5 3 ,6 1 3 .5 7 - 86- 1+57.80 2 ,8 9 6 .7 0 92,562.36 5 3 ,0 1 2 .3 8 13,873.98 10,181.1+1 5,639.1+3 Schedule H-3 21+0,209.99 38,730.1+2 131,917.67 15,000.00 11,1+73.51+ 12,1+32.58 1+1+9,76!+. 20 S c h e d u le H-1+ 5 3 ,8 6 2 .7 8 89,60l+. 08 773,379.83 1,168,996.1+6 li+9,299.87 8 6 ,7 3 5 .8 3 159,253.00 D. EQUIPMENT (C o n tin u e d ) D ining H a lls P r e s i d e n t ' s Home P rin tin g Press Laundry Book S to re s A th le tic D epartm ent S to r e Room V. R. A. Farm Cow T e s t i n g Year A cquired Investm ent B eg in n in g Of Ye a r A dditions $ 65,5 5 2 .1 3 1.195.U+ 5,065*07 1,980.81 21,J+52.12 2, 789.10 89, 165.73 9,201.149 1 4 ,8 5 3 .9 6 3 7 ,6 8 0 .5 0 8, 070.50 903.73 2,773.1+2 36,1+71.1+1 10, 156.60 1 ,2 6 1 .7 9 TOTAL EQUIPMENT | 2,587,643.52 202,061.83 TOTAL INVESTMENT IN PLANT $12,172,490.74 949,889.58 D eductions Schedule H-4 Investm ent 2nd Of Year 6 2 ,1 3 3 .3 1 6 6 ,7 4 7 .2 7 7 ,0 4 5 .8 8 3 0 ,6 5 3 .6 1 2 ,7 8 9 .1 0 8 9 ,1 6 5 .7 3 1 5 ,7 5 7 .6 9 3 7 ,6 8 0 .5 0 8, 070.50 2,773.1+2 46, 628.01 1 ,2 6 1 .7 9 2 ,7 8 9 ,7 0 5 .3 5 1 3 ,0 6 0 ,2 4 2 .0 1 ** T h is T r a c t bo u g h t by Denmark l i n i n g H a ll and l a t e r deeded t o th e T ru s te e s * * T his acreag e was composed o f over 50 sm all p a rc e ls o f land bought w ith a s s is ta n c e of George F o s te r Peabody by th e T ru ste e s of the Alumni A sso c ia tio n and deeded t o th e U n iv e rsity in 1928 in a sin g le deed. (1) T ra n sfe rre d from Value of B u ild in g (2 ) T o rn down f o r n9w b u i l d i n g s i t e (?) A djustm ent (!+) R efund o f A r c h i t e c t s F e e s - By U n iv e r s ity S ystem H o using A u th o r ity -8 7 I PART I I I AGRICULTURAL EXTENSION SERVICE A thens, G eorgia Schedule I - Schedule N BALANCE SHEET June 30, 1951 Schedule I I . CURRENT FUNDS A . GENERAL Cash in Bank TOTAL GENERAL FUNDS B . RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS I I . AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS I I I . PHYSICAL PLANT Equi praent TOTAL PHYSICAL PLANT TOTAL ASSETS ASSETS $15,020*62 $ 1 5 ,0 2 0 .6 2 $ 8,090*35 $ 8,090*35 $ .2 3 ,1 1 0 .9 7 , $ 2 8 ,7 8 1 .1 1 $ 28,781.11 $83,3 9 2 . 8i+ $ 8 3 ,3 9 2 .8U $135,281+. 92 LIABILITIES I . CURRENT FUNDS A. GENERAL S u rp lu s TOTAL GENERAL FUNDS B . RESTRICTED Fund B alances TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS I I . AGENCY FUNDS Fund B alances TOTAL AGENCY FUNDS I I I . PHYSICAL PLANT Invested in P lan t TOTAL PHYSICAL PLANT TOTAL LIABILITIES AND SURPLUS $ 1 5 ,0 2 0 .6 2 $ 1 5 ,0 2 0 .6 2 $ 8,090*35 $ 8,090*35 $ 23,110.97 $ 2 8 ,7 8 1 .1 1 $ 28,781.11 $83,392.81+ $ 83,392.81+ $135,281+. 92 90- STATEMENT OF CURRENT INCOME F o r Y ear **nded J u n e 30 1951 Schedule J A. EDUCATIONAL MD GENERAL PUBLIC APPROPRIATIONS S ta te of G eorgia R egular O perations C larke County F o r Non O ff S e t U nited S ta te s Sm ith Lever Capper-K etoham Bankhead-J ones Bankhead Flannagin A dditional C ooperative R esearch and M arketing Farm H ousing F o re s try D ept, fo r N o rris Doxey TOTAL PUBLIC APPROPRIATIONS GIFTS AND GRANTS T. V. A. G eorgia ggs In c . Four-fl Club .* Am erican C ancer S o c ie ty Peanut Club Corn Club - G eorgia Farm b ureau S. E . A rom atic Tobacco Farm ers Foundation W illiam W aterman TOTAL GIFTS AND GRANTS OTHER SOURCES M iscellaneous TOTAL EDUCATIONAL AND GENERAL RECEIPTS G eneral Income R estricted Income T otal Income 116,01+8.71 4 ,3 2 0 .0 0 $20,368.71 419, 151.29 156, 817.49 3 7 ,8 5 4 .9 5 511, 085.52 505, 485.81 26, 432.70 9, 632.70 398.66 3, 240.00 1 ,6 7 0 ,0 9 9 .1 2 4 3 5 ,2 0 0 .0 0 4, 320.00 156, 817.49 37, 854.95 511, 085.52 505, 485.81 26, 432.70 9, 632.70 398.66 3, 240.00 1,690,1+67.83 $ 474 84 3, 074.40 275.00 430.36 1 , 550.00 17.25 1, 050.00 650.00 $ 7 , 521.05 3 3 ,9 3 6 .9 4 5, 000.00 7, 350.00 4 6 ,2 8 0 .9 4 3 4 ,4 1 1 .7 8 5, 000.00 3, 074.40 275.00 430.36 1 , 550.00 17.25 1, 050.00 650.00 7, 350.00 5 3 ,0 0 8 .7 9 $ 20.30 $27, 910.86 1 ,7 1 6 ,3 8 6 .0 6 20.30 1,7144,296.92 STATEMENT OF CURRENT EXPENDITURES For Y ear Bnded Ju n e 3C> 1951 Schedule K A. EDUCATIONAL AND GENERAL EXTENSION S ta te O ff S et S ta te Non O ff S e t F e d e r a l Smi t h L ever & Bankhead Jones Bankhead F lannigan Ca p p er-K e tcham A d d i t i o n a l Co o p e r a tiv e R esearch and M arketing Farm H ousing _______________ _________ _______ O b je c t C l a s s i f i c a t i o n Fund C las s i f i c a t ion O perating G eneral R estricted S a la rie s Supplies & Wages <&E xpense E quipm ent $35,054.44 419,151.29 12, 035.20 3, 240.00 6 6 8 ,1 1 0 .8 0 523,822.69 -91- 37,854.95 2 6 ,4 3 2 .7 0 9, 050.02 6 4 o. oo 236,602.51 217,558.47 44.75 4 ,7 0 7 .4 7 10, 102.73 I+65.OO 6 0 9 ,9 1 2 .8 4 5 5 ,1 1 4 .7 5 3, 083.21 3 6 8 ,5 8 0 .4 2 155, 210.11 32. I 6 3 7 ,8 5 4 .9 5 2 6 ,4 3 2 .7 0 7,654.44 1,361.33 583-33 5 6 .6 7 3 4 .2 5 EXTENSION (C on tin u ed ) T. V, A. Industries T. V. A. 1950-51 Movie C onservation G eorgia Eggs In c, TOTAL EDUCATIONAL & GENERAL Sohedule K Fund C l a s s i f i c a t i o n General R estricted O bject C la ssific a tio n O p eratin g S a la ries Supplies & Wages & Expense Equipment $ l , 872i 93 1, 799. 91* 72.99 3 0 ,2 6 8 .70 2 8 ,1 5 1 .3 U 2, 11/7.36 5+5.30 5U5.3O 5,0148.00 l+ ,7 io .o o 338.00 U 47.0 8 9.6i41,726,0 37.38 1,326,989.91+ l4i4i.932.U1 U.20I4.67 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS F or Year Ended J une 3 0 , 1951 Sohedule L F ed eral Sm ith Lever Movie C o n se rv a tio n Cappe r-K eto h am Bankhe a d - F la n n a g in T . V. A* A o co u n ts R e c e iv a b le T. V. A. in d u strie s A d ditional C ooperative R esearch and M arketing S ta te fo r M atching G eorgia Sggs, In c , F e d e ra l Farm H ousing W illiam s -Waterman U. S.D .A . (N orris Doxey * C larke TOTAL B alan ce B eg in n in g Of Year $ 207.79 1 ,8 9 0 .1 7 18,352.31+ -7 ,0 0 8 .8 6 -3 8 2 .2 9 0 14,317.30 123.88 2i4l.3l+ ary) R eceipts For Year D isbursem ents For Year 667,903.01 37,851+.95 505, 1485.81 31, 736. 91+ 2 ,2 0 0 .0 0 26,1+32.70 9 ,6 3 2 .7 0 1419,151.29 5, 000.00 398.66 7 ,3 5 0 .0 0 3,21+0.00 6 6 8 ,1 1 0 .8 0 51+5.30 37,85U .95 5 2 3 ,8 2 2 .6 9 30, 268.70 1 ,8 7 2 .9 3 26,U 32.70 9, 050.02 1419,151.29 5, 0148.00 6I4O.OO 3,21+0.00 B alan ce End Of Year 1,3W *.87 15.1*6 -5,51+0.62 -5 5 .2 2 i+,8 9 9 .9 8 75.88 7 ,3 5 0 .0 0 n 7 .7 U l .6 7 1 , 716, 386.06 1 , 726, 037.38 8 ,0 9 0 .3 5 F e d e ra l W ithholding Tax S ta te Teachers R etirem ent F ederal R etirem ent Group L ife In su ra n c e Group H o s p ita liz a tio n R egional Film C orporation R ock E a g le 1+-H F o u n d a tio n S a le s Tax Rock E agle TOTAL NT OF AGENCY FUNDS Ended June 30, 1951 Schedule M Ba la n c e Be g irin i ng Of Year $ 6,229.77 3,851+. 59 3,07l+.7l+ 3 0 .6 0 -1 6 .1 8 11 ,U 7 3 .3 3 $2!+,6l46.85 R eceipts For Year D isbursem ents For Year B alan ce End Of Year 85, 3214.01 59,055.61+ 1414, 625. 1+8 14,875.60 9 ,5 3 6 .1 3 1+,0 2 6 .6 6 I4l . 72l4.O l 5 9 .5 8 814,11+9.35 5 7 ,7 3 7 .9 9 1+14,1+32.58 1+.906.20 9 ,5 1 9 .9 5 lU ,0 5 5 . 48 3 0 ,2 3 1 .7 2 5 9 .5 8 7,1*01*. 1+3 5, 172. 21+ 3,267.61+ I,i4l4l+.51 11,1+92.29 2149,227.11 2145,092.85 28,781.11 -92 STATEMENT OF CHANGES IN CASH BALANCES F o r Y ear Ended Ju n e 30, 1951 Schedule N CURRENT FUNDS G e n e ra l i 1unds R e stric te d Funds TOTAL CURRENT FUNDS AGENCY FUNDS TOTAL Cash Balance R eceipts Ju ly 1 , 1950 For Year D isbursem ents Cash B alance F o r Y ear Ju n e 30, 1951 $ 3 4 ,1 9 9 .4 0 2 7 ,9 1 0 .7 4 47,089.52 15,020.62 17,741.67 1,716,386.18 1,726,037.50 8,090.35 $51,941.07 1,744,296.92 1,773,127.02 23,110.97 $ 2 4 ,6 4 6 .8 5 2 4 9 ,2 2 7 .1 1 2 4 5 ,0 9 2 .8 5 28, 781.11 $ 7 6 ,5 8 7 .9 2 1 ,9 9 3 ,5 2 4 .0 3 2, 018, 219.87 51, 892.08 Bank Balances C itiz e n s & S outhern N a tio n a l Bank, A thens, G eorgia #51*892.08 95- BALANCE SHEET June 30, 1951 ASSETS Schedule 0 I . CURRENT FUNDS A . GENERAL Cash in Bank U. S . Government Bonds A ccounts R eceivable TOTAL GENERAL FUNDS B . AUXILIARY Cash in Bank Accounts R eceivable S tores (Inventory) TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS I I . AGENCY FUNDS Cash in Bank N otes R eceivable TOTAL AGENCY FUNDS I I I . PLANT FUNDS A . UNEXPENDED Cash in Bank B . EXPENDED Land and Improvements B uildings E quipm ent TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS $287,835.05 3 7 5 ,1 9 7 .8 8 10U.320.7U $ 767,373.67 $ 9U, 090.75 3 9 ,6 5 2 .1 8 2 8 ,2 3 2 .0 8 4 161,975.01 $ 929.3U8.68 $ 13,839.82 2,QU6.U7 $ 15,886.29 $ 62,968.18 $27U, 125.98 559, 61+0.62 290,990.U 8 $1,12U ,757.08 $ 1 ,1 8 7 ,7 2 5 .2 6 $ 2 ,1 3 2 ,9 6 0 .2 3 BALANCE SHEET June 30, 1951 LIABILITIES Schedule 0 I . CURRENT FUNDS A. GENERAL A ccounts Payable Purchase Orders O utstanding U nearned Income S u rp lu s TOTAL GENERAL FUNDS B. AUXILIARY A ccounts Payable Reserve fo r S tores S u rp lu s TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS # 260.91* 9 ,7 4 7 -5 4 32,1*59.25 72l*,905.94 # 767,373.67 # 9,339.55 28,232.08 124,405.36 $ 161,975.01 I I . AGENCY FUNDS Fund B alances # 15,886.29 TOTAL AGENCY FUNDS III. PLANT FUNDS A. UNEXPENDED Purchase Orders O utstanding C ontracts N egotiated C ontracts to be N egotiated Fund B alance TOTAL UNEXPENDED # 26, 352.02 666.66 12, 500.00 23,1449.50 6 2 ,9 6 8 .1 8 B . EXPENDED Invested in P lan t # 1 ,1 2 4 ,7 5 7 .0 8 TOTAL PLANT FUNDS TOTAL LIA BILITIES, SURPLUS, AND FUND BALANCES # 929,348.68 # 15,886.29 #1,187,725.26 # 2 ,1 3 2 ,9 6 0 .2 3 96- STATEMENT OF CURRENT INCOME For Year Ended June 30, 1951 A. EDUCATIONAL AND GENERAL STUDENT FEES N on-R esident T u itio n M atriculation Summer S e s s io n O ther S tudent Fees TOTAL STUDENT FEES 1210,590.73 5 1 0 ,3 8 9 .2 0 1 2 0 ,1 4 9 8 .5l+ 4,947*76 $ 814-6,1426.23 PUBLIC APPROPRIATIONS S ta te of G eorgia - R egular O perations $ 250, 000.00 OTHER SOURCES I n t e r e s t on Bonds In stitu tes M iscellaneous TOTAL OTHER SOURCES $ 3,1^9.01 2 ,5 5 5 .3 2 3 ,2 5 4 .5 7 8 ,9 5 8 .9 0 TOTAL EDUCATIONAL AND GENERAL INCOME NON INCOME Reimbursement fo r R eader S erv ice $ 504.00 TOTAL EDUCATIONAL AND GENERAL RECEIPTS $ 1 ,1 0 5 ,8 8 9 .1 3 Schedule P $ 1 ,1 0 5 ,3 8 5 .1 3 B. AUXILIARY ENTERPRISES BOOKSTORE OFFICE BUILDING RENTALS REFECTORY TOTAL AUXILIARY ENTERPRISE INCOME TOTAL CURRENT INCOME $ 187,330.65 $ 46, 671.03 $ 17,687.44 $ 251, 689.12 $ 1 ,3 5 7 ,0 7 4 .2 5 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1951 Schedule Q EDUCATIONAL AND GENERAL ADMINISTRATIVE & GENERAL C o m p tro ller's O ffice D ire c to r's O ffice G eneral A dm inistrative R e g is tra r's O ffice TOTAL ADM. & GENERAL STUDENT WELFARE Dean o f Men Alumni O ffic e Placem ent Bureau TOTAL STUDENT WELFARE T otal O bject C la ssific a tio n O perating S a la rie s Supplies & Wages & Expense Equipm ent $ 18,596.54 22,612.88 27,987.77 42,055.67 r 111, 252.86 1 7 ,5 0 0 .5 6 2 0 ,7 5 7 .8 7 2 ,7 3 9 .7 0 3 5 ,2 5 4 .7 5 998.17 1 , 855.01 25,221.89 4 ,8 5 6 .7 1 3 i,9 W " 97.81 26.18 1 ,9 4 4 .2 1 2 ,0 6 8 . 0 $ 12, 571.62 2 ,0 0 7 .5 4 I4, 084 68 $ 18,663.814 97- 10, 386.71 1 ,5 7 4 .2 6 3 ,9 0 1 .7 5 1 5 ,8 6 2 .7 2 1 ,0 8 3 .9 1 433.28 182.93 1, 700.12 1 ,1 0 1 .0 0 1 ,1 0 1 .0 0 A . BDUCATIOML AND GENERAL (C o n tin u e d ) PHYSICAL PLANT LIBRARY INSTRUCTION Dean, A rts &Sciences A rt B iology B usiness A d m inistration C hem istry E d u catio n E nglish Geography and Geology H istory Jo u rn a lism M athem atics Modern Languages M usic N ursing E ducation P h ilo so p h y P hysical Education P h y sic s P o litic a l Science Psychology S o c io lo g y Slimmer " c h o o l TOTAL INSTRUCTION TOTAL EDUCATIONAL AND GENERAL NON EXPENSE T ransfer to P lan t Funds Purchase of Bonds TOTAL EDUCA. & GENERAL DISB. B . AUXILIARY EXPENDITURES BOOKSTORE OFFICE BUIIDING REFECTORY TOTAL AUXILIARY EXPENDITURES NON EXPENSE T ran sfer from O ffice B u ild in g to P la n t Fund A ccount TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES T otal # 117,223.80 $ 54,601.85 Schedule Q O bject ftla s s 1f i o a tio n O perating S a la rie s Supplies it Wages & E xpense E quipm ent 5 8 ,9 0 4 .1 8 2 1 ,3 1 6 .8 0 5 2 ,8 1 9 .5 1 5, 500.11 7,364.18 25,920.87 9,885.60 6,928.82 9,310.69 8,515.82 27,487.43 18,412.90 191,729.21 174,159.58 16,566.72 9,967.37 11,362.81 10,447*64 53,950.36 53,545*74 7 ,8 2 8 .3 7 6, 589.67 13,355.36 13,077.86 5 ,8 2 2 .3 3 5 ,5 4 9 .8 8 3 1 ,6 9 5 .8 0 31, 089.90 2 3 ,3 8 7 .6 9 23, 192.73 15,464.52 14,174.10 37,190.22 33,940.95 1.W 3.53 1 ,4 5 5 .9 6 16,970.31 13,909.66 8, 235.02 6 ,5 7 9 .2 3 10, 256.87 1 0 ,1 9 1 .8 4 13. 536.15 1 3 ,0 1 7 .3 8 10,616.46 10,550.67 1 0 0 ,7 2 0 .0 4 100, 538.32 # 616,835.249 5 6 5 ,8 3 5 .8 2 2 ,7 4 2 .8 0 465.91 2 ,6 1 2 .3 3 6,154*46 2 ,3 6 1 .5 7 6 0 4 .4 2 4 0 4 .6 2 511.20 140.00 272.45 1 9 .4 0 9 5 .2 1 717.00 2 ,4 3 4 .8 7 7.57 1 ,9 2 8 .2 9 302.53 65.03 506.25 3 .2 9 181.72 2 2 ,5 3 0 .9 2 213.98 328.96 6 ,4 6 2 .2 0 11. i a 5.37 4 ,2 3 7 .7 8 310.75 727.50 137.50 586.50 99.75 573.42 814.40 1 , 132.36 1 ,3 5 3 -2 6 12.52 6 2 .5 0 28,468.75 # 9 1 8 ,5 7 7 .8 4 738,172.140 1 1 7 ,3 4 6 .5 1 63, 058.93 # 32, 000.00 100, 197.88 #1,,0 5 0 ,7 7 5 .7 2 $ 103,428.87 7 ,2 3 7 .4 0 1 6 ,3 2 8 .2 4 # 126,994.51 3,675-48 99,753.39 5 ,2 8 5 .8 5 1 ,9 5 1 .5 5 1,872.40 14,455.84 10,833.73 116,160.78 fVt 115, 000.00 # 24L ,994.51 # 1 ,0 4 5 .5 7 2 .3 5 7 4 9 ,0 0 6 .1 3 2 3 3 ,5 0 7 .2 9 63, 058.93 -9 8 - STATEMENT OF CHANGES IN CASH BALANCES F o r Y ear Fnded J u n e 30, 1951 Schedule R GENERAL AUXILIARY TOTAL CURRENT FUNDS PLANT FUNDS AGENCY FUNDS TOTAL Cash B alance J u ly 1 , 1950 232.7U l.6U R eceipts For Year 1 ,1 0 5 ,8 8 9 .1 3 D isbursem ents Cash Balance F o r Year June JO, 1951 1,050,775.72 287,855.05 8U .396.lU 317, 157.78 $ 36, 000.00 251,689.12 1 .3 5 7 ,5 7 8 .2 5 1U7, 000.00 2 U l.9 9 U .5 1 1 ,2 9 2 ,7 7 0 .2 3 120,031.82 9 U .0 9 0 .7 5 3 8 1 .9U 5.8 6 2 ,9 6 8 .1 8 10,100.93 170,770.83 167.031.9U 13,859.82 363,238.71 1 ,6 7 5 ,3U9.08 1 ,5 7 9 ,8 3 3 .9 9 U 58.753.80 BANK BALANCES Fulton N ational Bank, A tla n ta O p eratin g -Account Revenue C o lle c tio n Account S tudent Prom otion O ffice B uilding Account C itizen s and S outhern N a tio n a l Bank, A tla n ta B o o k sto re M usic Fund A ccount R efectory T ru s t Company o f G e o rg ia , A tla n ta S tu d en t C re d it Union TOTAL STATEMENT OF AGENCY FUNDS For Year ^nded June 30, 1951 1 3 1 9 ,1 9 7 .0 6 32,1+59.25 10 ,0 5 2 .9 7 3 0 ,3 72 .U 2 3 9 2 ,0 8 1 .7 0 59,165.8 7 1,901+. 86 U .552.U 6 65, 623.19 $ 1,01+8.91 U58.753.80 Schedule S S tu d en t C re d it Union Student Prom otion Music Fund A ccount R etirem ent C o lle c tio n W ithholding Tax C o lle c tio n Group In su ra n c e TOTAL B alance B eginning Of Year % 1.36U .55 U,U38.07 3,8146.1+6 U 5 1.8 5 10,100.93 R eceipts For Year 23,l4U9.78 36,87lt.89 U.U21+.85 2 3 .5 8 U .18 71.6U 3.00 10.79U .13 17 0 ,7 7 0 .8 3 D isburseFor Year 23,765.1+2 3 1 ,2 5 9 .9 9 6 .3 6 6 .U 5 23.58U .18 7l.6U 3.00 10,1+12.90 16 7 .0 3 1.9 U B alan o e Fnd Of ^ ear 1,01+8.91 10 ,0 5 2 .9 7 1,901+. 86 833.08 13 ,8 3 9 .8 2 - 99- STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended. June 3 0 , 1951 BALANCE, BEGINNING OF YEAR ADDITIONS: T ransfer from General Funds T ran sfer from A u x ilia r y Funds TOTAL ADDITIONS DEDUCTIONS: Expended for P lant A dditions Land and B u ild in g s A d m in is tr a tio n B u ild in g - New C lassroom s on Roof TOTAL DEDUCTIONS BALANCE, END OF YEAR Schedule T Funds For P la n t A dditions # 36, 000.00 32, 000.00 115, 000.00 #114.7,000 oo #102,365.67 17,666.15 #120, 031.82 # 62,Q 68.18 SUMMARY OF INVESTMENT IN PLANT As o f June 3 0 , 1951 Schedule U VALUE OF PLANT, JULY L, 1950 ADDITIONS: Expended from P la n t Funds Expended from E d u c a tio n a l and G eneral Funds and in c lu d e d in C urrent E xp en d itu res TOTAL ADDITIONS INVESTMENT IN PLANT, JUNE 3 0 , 1951 # 9l4l,666.33 # 1 2 0 ,0 3 1 .8 2 6 3 ,0 5 8 .9 5 # 183,090.75 #1 , 12)4.,757 08 STATEMENT OF INVESTMENT IN PLANT For Year ^nded June 30, 1951 Schedule U -l Investm ent Year Beginning A cquired Of Year A dditions Investm ent End Of Year A. LAND Campus O ff Campus TOTAL LAND I9I+5-5I I9I+5-I+7 $166,961.91 1+, 798. 1+0 102,21+0.67 I 25.OO $171. 700.51 ' 102,305.67" B. BUILDINGS A d m in is tr a tio n