0032 iifAVJV aS 0OCf tORc 4 S3A Arv2 3 y35j iya waS OCf fsVx sJoa 3 frn2 av2 tas AiaS t Cf tORC V ootfi sjO0y yn2 Ay52VV 255032 QavJ V3yo32 33 Torc CVvk a E 1 vj Voc ytOftc7 j nv2 vyo vn2i av3Xv 2M03y CJtiU xrRc iaS o oc7 uT2i g7T S K A JV yJiN S A55KfA Afte it j loiW OOCf toRc7 svjoa vw23Xr 0032 yZctOR Ar Cyj i ytoc7 yr J 5oiy jfejoa 1 n2i iojsy r yEsZ y Zp iotas O0 jcjlS VBOC SF U500 ZiSi FS T SVSX ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA For the Year Ended June 30 1952 Regents of the University System of Georgia 20 Ivy Street S E Atlanta I MEMBERS OF THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA June 30 1952 Term Expires Robert 0 Arnold Covington 1956 Charles J Bloch Macon 195V Cason J Callaway Hamilton 1958 Edgar B Dunlap Sr Gainesville 1959 Rutherford L Ellis Atlanta 195U Frank D Foley Columbus 1956 Roy V Harris Augusta 1958 Mrs William Healey Atlanta 1953 John J McDonough Atlanta 1957 C L Moss Calhoun 1959 James Peterson Soperton 1955 Frank M Spratlin Atlanta 1953 Francis Stubbs Douglas 1957 Carey Williams Greensboro 1955 H L Wingate Pelham 1951 Officers of the Board of Regents Robert 0 Arnold John J McDonough Harmon W Caldwell Henry King Stanford J H Dewberry L R Siebert Director of Plant Chairman ViceChairman Chancellor Assistant Chancellor and Business Operations Executive Secretary James A Blissit Treasurer TABLE OF CONTENTS 11 9 0 Letter of Transmittal 4 Summary a M 5 Consolidated Statements a is University System of Georgia General Activities 27 f The University of Georgia Summary a 35 o J2 The University of Georgia Consolidated a La 49 The University of Georgia Athens a 55 3 M O 52 c Agricultural Extension Service Athens a 99 0E Atlanta Division of the University of Georgia Atlanta 107 r o 0 c o u O Agricultural Experiment Station General 117 tu 3 5 Cu u College ExpfirimfliTfc Station Ahhflns 125 Sg fli u Georgia Experiment Station Experiment a 133 E w 3 ad Georgia Coastal Plain Experiment Station Tifton a 145 E 2 J s O O z c Georgia Institute of Technology Atlanta a aa 155 2 3 w W CQ 1 North Georgia College Dahlonega aa 187 5S W V fid oi CQ 3 Georgia State College for Vi omen Milledgeville Georgia Teachers College Statesboro a a 199 aa 213 O 0 0 o O u 1 Z i Valdosta State College Valdosta a u 223 o H Medical College of Georgia Augusta aaaaaaaaaaaa La 233 0 Si r Z Ul Georgia Southwestern College Amurious a 245 o Ik X h West Georgia College Carrollton 255 CQ A Middle Georgia College fioohran a 265 z 3 South Georgia College Douglas i 273 O CQ Abraham Baldwin Agricultural College Tifton La 283 Albany State College Albany aa 293 f Fort Valley State College Fort Valley a a 303 Savannah State College Savannah 317 TABLE OF CONTENTS Letter of Transmittal 4 Summary 5 Consolidated Statements 15 University System of Georgia General Activities 27 The University of Georgia Summary 35 The University of Georgia Consolidated 49 The University of Georgia Athens 55 Agricultural Extension Service Athens 99 Atlanta Division of the University of Georgia Atlanta 107 Agricultural Experiment Station General 117 College Experiment Station Athens 125 Georgia Experiment Station Experiment 133 Georgia Coastal Plain Experiment Station Tifton 145 Georgia Institute of Technology Atlanta 155 North Georgia College Dahlonega 187 Georgia State College for Yiomen Milledgeville 199 Georgia Teachers College Statesboro 213 Valdosta State College Valdosta 223 Medical College of Georgia Augusta 233 Georgia Southwestern College Amerious 245 West Georgia College Carrollton 255 Middle Georgia College Cochran 265 South Georgia College Douglas 273 Abraham Baldwin Agricultural College Tifton 283 Albany State College Albany 293 Fort Valley State College Fort Valley 303 Savannah State College Savannah 317 Chancellor Harmon W Caldwell University System of Georgia Dear Chancellor Caldwell I am submitting herewith the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30 1952 This represents the fifth annual report that has been compiled to report the financial operations of the University System These reports are intended to form a comprehensive and permanent record of the finances of the system for the periods covered for the information and reference of all persons concerned or interested You will find a summary of the principal items of interest in this report on the next following pages The remainder of the report covers the detailed operations of the various institutions comprising the University System Respectfully submitted James A Blissit Treasurer December 11 1952 4 SUMMARY Scope of Report The Annual Report contained herein covers all financial operations of the University System for the fiscal year ended June 30 1952 This report is prepared in accordance with the standards recommended by the National Committee on Standard Reports for Institutions of Higher Education All statements and schedules are prepared on a cash receipts and disbursements basis with the exception of the balance sheets and statements of surplus which are prepared on a modified accrual basis Income from State Appropriation amounted to 12633000 as compared with 6270000 for 1950311 The following state appropriation was made to the University System for the year ended June 30 1952 For the cost of operating the State Board of Regents and for aid to the University System 6615000 For annual payment to University of Georgia for old bank stock item 8000 For the purchase maintenance and operation of mobile soil testing units 70000 For the cost of operating the State Soil Conservation Committee 25000 For the cost of use andor acquiring additions to plant and equipment for the University System from the University System Building Authority 500000 For aid to University System for maintenance and for new buildings plant and equipment 1985000 For completing the construction of the building housing the School of Veterinary Medicine and for acquiring equipment needed in the operation of the school 100000 Total Appropriation 12633000 The balance in the Regents Allotment account on July 1 1951 was 78288 During the year this account was increased by a state appropriation of 12633000 as referred to above and by the repayment of an advance to the University System Building Authority in the amount of 15000 making a total of 12726288 available for allocations Of this amount the Board of Regents approved allocations totaling 12366112 leaving an unallocated balance at June 30 1952 of 360116 The allocations approved by the Board were as follows University of Georgia Atlanta Division Agricultural Extension Service Agricultural Experiment Stations General Extension Service Georgia Institute of Technology North Georgia College Plant Additions Student Aid General and and Other Operations Improvements Purposes 1925000 051813 8000 150000 22000 650000 913000 176728 55ooo 1560000 177500 268000 90100 Total I275B783 172000 650000 1089728 55000 2037500 358loo Plant Additions Student Aid General and and Other Operations Improvements PurposesTotal Georgia State College for Women Georgia Teachers College Valdosta State College Medical College of Georgia Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agric College Albany State College Fort Valley State College Savannah State College Regents Central Office Graduate Scholarships for Negroes Regional Council for Education Soil Conservation Committee University System Building Authority Architect Plans Campus Development Plans Total Allocations t 159ooo 105500 561 500 270000 585oo 328500 118000 16618 191 618 55oooo 31 976 581976 90000 15366 135366 122000 13265 165265 91000 15 ooo 136000 111000 10900 151900 118000 89877 207877 225000 51250 276250 290000 161133 151133 mo ooo 98600 508600 72000 72000 116000 116000 36250 36250 25000 25000 973020 973020 161915 161915 29171 29171 8802000 3103892 160250 12366112 Total Income for 195152 amounted to 27712913 an increase of 53022131 over previous year The University System realized income during the year as follows This income is compared with that received during 195051 State Appropriation Internal Income For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid Total Income for Current and Plant Purposes Increase or 195051 195152Decrease 6270000 12633000 6363000 110318817 9951331 361 186 5272662 1 732325 510337 757571 212512 515029 71732 150715 78983 22690782 27712913 45022131 Expenditures for Current Operations and Plant Purposes totaled 25099791 an increase of 1985158 over 195051 Expenditures for current operations and plant additions and improvements as compared with the expenditures for 195051 were as follows 6 f 1 195051 195152 Increase or Decrease 1 1 For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid 15760821 1 723116 2112110 168226 17527380 ii 260 282 3019099 293030 l7U6559 162861 576959 12l 80i m 1 i 4 4 Total Expenditures 23lll333 25099791 1985158 Educational and General Income amounted to 18756331 an increase of ll2ff The income received during the year for Educational and General operations is compared below with the income received during the previous year n Increase or r 195051 195152 Decrease Student Fees Matriculation 32142320 197 2886699 lSk 355621 97 r NonResident Tuition 1596118 97 1305221 70 291227 182 Summer Session 853668 52 588910 31 26U758 310 l Other Fees 328101 20 300361 16 27710 85 Total Fees 6020537 366 5081191 271 939316 156 h 1 Gifts Grants Endowments 510108 31 562216 30 52108 102 Govt Other Than State 208230l 127 2096329 112 Hi 025 07 St Sales and Services 1571595 96 2089131 111 5lU536 327 I Other 131273 08 12516I 07 5809 kk if Total Internal Income 10318817 628 9951331 531 36UJU86 35 Wi State Appropriation 6109325 372 8802000 169 2692675 Ui Total Income 161281142 1000 18756331 1000 2328189 1U2 fv n L It will be noted that student fees produced 156 less income than for the pre vious year and that this source of income produced only 271 of the total income for Educational and General purposes during 195152 as compared with 366 for the previous year It must be noted that the above comparison is based on income received during the two years rather than the income earned The student fees actually earned during the two years are compared in the following table Matriculation NonResident Tuition Summer Session Other Fees Total Student Fees 195051 195152 Decrease 3162112 2796956 365156 116 l50li96li 1111272 363692 212 826769 752807 73962 89 327319 298961 28358 87 58211614 li989996 831168 ll3 7 The above statement of student fees earned indicates that the statement of student fees collected is misleading in comparing student fees for the two years For example the student fees collected for the summer quarter were 31 less than the fees collected for the summer quarter of 195051 whereas the fees earned were only 89 below those earned for the summer quarter of the previous year It will be noted that the total fees earned during 195152 were 11 3 below the fees earned during the previous year A look at the enrollment statistics for the two years wil explain this reduction After reducing the total enrollment to an equivalent full time basis the average equivalent full time enrollment during the fall winter and spring quarters of 195152 for the various units of the University System was 16501 students as compared with 19165 during the same period for the previous year or a decline in enrollment of 152 During the summer quarter of 1951 the enrollment was 12165 equivalent full time students as compared with 12977 for the previous year This represents a decline of 63 in the enrollment for the summer quarter The total enrollment for the academic year and the summer quarter of 5152 computed on an equivalent full time basis was 136 below the enrollment for 195051 Another significant change in the income for 195152 was in the amount collected from sales and services This increase was due in most part to the large increase in research services performed by the Experiment Station of the Georgia Institute of Technology Of the total increase 175118 was from that source Mention has previously been made of the large increase in the State Appropriation for 195152 As will be noted from the above 8802000 of the total State Appropriation was allocated for Educational and General purposes This represents an increase of 11 1 over the amount allocated for Educational and General purposes in the previous year It also represents 169 of the total Educational and General income received as compared with 372 of the total in 195051 Expenditures for Educational and General purposes amounted to 17527380 The expenditures for 195152 were 111 in excess of the amount expended during the previous year These expenditures are compared by function in the following table with the expenditures for 195051 Increase or 195051 195152 Decrease Adm and General 1136236 91 1 1556912 89 120706 81 Student Welfare 312036 22 315813 20 3807 11 Plant Operations 1618772 103 1806719 103 187977 116 Library 557810 35 659171 38 101661 182 Instruction 652ltW3 113 6887191 393 362718 56 Act Rel to Instruction 672169 I3 619537 37 22932 31 Research 2111 913 13I 2970737 169 855821 105 Agrie Extension 1671 517 106 1811709 103 137192 82 General Extension 839595 53 839198 18 397 Total 15780821 1000 17527380 1000 1716559 111 8 Educational and General Surplus increased to 1750309 The University System ended the fiscal year with an Educational and General surplus of 17503095 as compared with a surplus of 1125125 at June 30 1951 On an accrual basis as computed in the statement of surplus to be found later in this report income exceeded expenditures by 1207099 the Regents1 Allotment Account was increased by 281118 and 7660 was transferred from other funds resulting in a total increase in the surplus account of 1196207 Reductions were made in the surplus account totaling 1171323 leaving a net increase in the surplus account for the year of 32l881 The reductions in surplus were as follows 1060217 was transferred to Plant Funds surplus reserves were increased by 101550 and other adjustments amounted to 9526 The following summary of the Educational and General section of the balance sheet is given to compare the assets and liabilities as of June 30 1952 with those of the previous fiscal year Assets June 30 1951 June 30 1952 Cash on Hand and in Banks Investments Temporary Accounts Receivable Other Assets 13187U1 376198 713581 22337 2152971 1000 588376 12337 Total Assets 2130860 2751681 Liabilities and Surplus Accounts Payable Purchase Orders Outstanding Unearned Income Other Reserves Restricted Fund Balance Surplus 77756 123187 332158 128101 311 233 1125125 11 656 211883 211271 18633 157932 1750309 Total Liabilities and Surplus 2130860 2751i681 Of the accounts receivable at June 30 1952 255165 was due from the Veterans Administration for fees of veteran students 50819 was due from other governmental agencies and 217571 was due the Georgia Institute of Technology on research contracts Receipts from Auxiliary Enterprise Operations were 102 below receipts for previous year Receipts during 195152 from the operations of Auxiliary Enterprises amounted to 1 732325 as compared with receipts of 5272662 for the previous year Income earned during the year amounted to 1 706935 which represents a decrease of 9 as compared with 195051 The various sources of receipts for the past three years are compared in the following summary Dormitories Dining Halls Bookstore Apartments Other Total Receipts 191950 195051 195152 1037362 928952 885209 2359063 2176867 2 Oil 818 1922701 1598068 1275127 230511 216219 210728 317677 352526 316113 85897320 5272662 1 732325 Expenditures for Auxiliary Operations reduced by 162861 The AuxiliaryEnterprise expenditures for 19515 amounted to 41 260 282 as compared with 1 723116 for the previous year This represents a decrease in expenditures of 98 Outlined below is a comparison of expenditures for the last three years Dormitories Dining Halls Bookstore Apartments Other Total Expenditures 191950 195051 195152 712860 819512 687111 2191610 2119227 1977219 1186768 1292150 1210111 92118 171285 100897 308620 320672 281 6ll 1 825 006 7231146 1 260282 Auxiliary Enterprise Operations show a net income of 100015 Considered on an accrual basis as reflected in the statement of surplus found later in this report the income from operations exceeded expenditures by 100015 This was 288 lower than the net earnings for the previous year The surplus account was also increased by a reduction in surplus reserves of 99223 and surplus adjustments of 8150 making a total amount to be added to surplus from previous years of 507118 During the year 353069 was transferred from surplus to Plant Funds and 1833 was transferred to other funds This resulted in a net increase in the surplus account of 119516 resulting in a surplus at June 30 1952 of 930019 as compared with 780503 at June 30 1951 Income for Student Aid amounted to 302965 During the year income for Student Aid was received in the amount of 302965 as compared with 17l706 for the previous year Of this amount 152250 was allocated by the Board of Regents from the State Appropriation 116000 for scholarships to Negro students attending institutions other than units of the University System and 36250 for the Southern Regional Education Board Listed below are the sources from which this income was received as compared with the previous year 195051 195152 Endowment Income 5261 18815 Gifts and Grants 66170 131870 State of Georgia 102975 152250 Total Income 171 706 302965 10 1 i Itfv VA I il Expenditures for Student Aid amounted to 293030 0 the year29330 Has emended for student add as compared with the previous year This amount is compared with the expenditures for 195051 in the following summary r 195051 195152 r Fellowships 8892 20101 Scholarships 130137 223113 PJ 4 Other 29197 19213 I Total Expenditures 168226 293030 Included under Scholarships above is 8830 for 195051 and 120718 for ended for scholarships for Negro students Included under Other is d 19595l and 36250 for 195152 paid the Southern Regional Education Board as the cost of Georgias participation in this program Agency Funds were held amounting to 635137 The System held Agency Funds at June 30 1952 having a total fund balance of 635137 This was composed of funds received and held by various units as custodians and consisted mostly of unexpended student activity fees funds of student organizations and fund deposited with the institutions by students for safekeeping Endowment Fund Assets increased to 3815973 The University System held Endowment Fund Assets at June 30 1952 in the tnff37oonP ThJsJamt consisted of cash i6268s and investments 37997 5 Listed below is a summary of the investments as compared with the investments at June 30 1951 June 30 1951 June 30 1952 U S Government Bonds Other Bonds Preferred and Common Stock Real Estate Real Estate Mortgages University System Buildings Other Investments Total 1675500 155850 314159 127529 30057 1180161 10303 3213559 1570850 807000 13663 127529 21750 1211196 11 717 3799705 Of the above assets 17558 was due to other funds 29156 was reserved for the purpose of trust and 3798959 represented fund balances This represents n inJea 63623 in balances as compared with the fund balance at June 1951 ii Student Loan Fund Assets amounted to 1212161 The total assets of Student Loan Funds at June 30 1952 amounted to 1212l6l This amount was composed of cash 115971j student notes receivable 19l960 due from other funds 17221 and investments 8i009 The investments as compared with those at June 30 1951 were as follows June 30 1951 June 30 1952 U S Government Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments Total 366981 63900 1366 62151 30U287 1238 826528 U57059 11750 13150 7U358 286635 11057 851 009 The fund balances at June 30 1952 amountedto 1212161 which represents an increase of 50617 over the fund balance at June 30 1951 Income for Plant Additions and Improvements amounted to 3616135 During the year ended June 30 1952 the University System received income in the amount of 3616131 for plant purposes Of this amount 303892 was allocated by the Board of Regents from the State Appropriation 182231 was from Gifts and Grants and 60308 was from other sources In addition to the income referred to above Educational and General Funds in the amount of 1060217 and Auxiliary Enterprise Funds in the amount of 353069 were transferred to Unexpended Plant Funds for plant purposes Plant Fund Expenditures amounted to 3019099 Plant Fund expenditures for the year ended June 30 1952 were as follows Plant Additions Land 113197 Buildings 1121086 Improvements Other Than Buildings 135110 Equipment 119307 Debt Service Building Authority Rentals Other Expenditures 1188730 217968 973020 309381 Total 3019099 The Plant Fund activities would not be complete without a look at the activities of the University System Building Authority The Authority is not a part of the University System therefore its financial operations are not included as a part of this report The Authority issues bonds using the proceeds for the construction of buildings on the campus of units of the University System and upon completion leases the buildings to the University System The University System will pay rent 4 r t If 1 U ill jy I 9 V f vv A m 12 R ft V Y Kjfe If H K 1 p k i ll f U t I I ii i iy J v 5 on these projects for a period of thirty years after which time the buildings become the property of the University System As of June 30 1952 the Building Authority had issued bonds totaling 13000000 of which 12600000 were outstanding Sixteen projects with an estimated total cost of 12028000 were under construction during the year At the end of the year several projects were substantially completed and had been occupied As of June 30 1902 6302163 had been expended in the construction of these projects and the Authority held funds in the amount of 7023691 for the completion of these projects and for the construction of additional projects As will be noted above the University System paid 973020 to the Building Authority during 195152 as rentals for the use of these facilities Unexpended Plant Fund Balances amounted to 3386313 at June 30 1952 Unexpended Plant Funds had assets at June 30 1952 totaling 3516985 This amount was composed of cash 25121915 and temporary investments 1031191 Of these assets 1320 was due to other funds 159322 was reserved for sinking fund purposes as required under the terms of a trust indenture for the retirement of bonds issued by the Board of Regents for the benefit of the Georgia Institute of Technology and 3386313 represented unexpended fund balances A Total of 51500532 invested in Plant as of June 30 1952 The University System had an investment in physical plant assets at June 30 1952 in the amount of 51500532 This represents an increase of 2290097 over the investment at June 30 1951 The investment in plant as compared with that at June 30 1951 is summarized as follows June 30 1951 June 30 1952 Land 3151111 Buildings 29620609 Improvements Other Than Bldgs 3101953 Equipment 13333132 3261 969 30669035 3263235 11303293 Total 19210135 51500532 During 195152 91000 of Series nV Georgia Institute of Technology Revenue Bonds were retired leaving a balance of 2599000 outstanding at June 30 1952 398000 at 22 1709000 at 2f and 192000 at 2 with maturity dates to May 1 1978 In addition to the bonded indebtedness referred to above at June 30 1952 a total of 1500831 was due to Endowment and Student Loan Funds for amounts invested in revenue producing projects at various units of the University System This amount is being amortized over a period of years from the net revenues of the projects financed by these loans This amount is invested in plant assets of the following units Vv H m 13 University of Georgia Georgia Institute of Technology North Georgia College Georgia State College for Women Fort Valley State College Savannah State College Total 1022557 261358 35295 1UU1U1 11006 26U7U Is 500831 With a total investment in plant of 51500532 against which tends were outstanding in the amount of 2599000 and 1500831 was due to Endowment and Student Loan Funds the University System had a net investment in plant of U7U00701 at June 30 1952 General Comments On the following pages of this report will be found various consolidated statements relating to the years operations statement of Educational and General andAuxiliary Surplus and ihe assets and liabilities of the University System at June 30 1952 In addition to the consolidated statements detailed financial reports relating to the operation of the individual units of the University System may be found in this report 14 UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30 1952 4 i r Assets v I CURRENT FUNDS 4 A GENERAL Cash on Hand and in Banks 175260175 Accounts Receivable 53176273 A 4 Due from Other Funds 1233686 TOTAL GENERAL FUNDS B RESTRICTED 4 Cash on Hand and in Banks 10031961 Accounts Receivable Investments Temporary TOTAL RESTRICTED FUNDS 5661278 100000 C AUXILIARY r Cash on Hand and in Banks 891 72069 A Investments Temporary 10000000 Accounts Receivable 8577006 Stores Inventories 37513297 1 Due from Other Funds 131991 V vd TOTAL AUXILIARY FUNDS 14 TOTAL CURRENT FUNDS II AGENCY FUNDS 4 Cash on Hand and in Banks Notes Receivable Investments Temporary Vvt TOTAL AGENCY FUNDS V III ENDOWMENT FUNDS Cash on Hand and in Banks A Investments U S Government Bonds 157085000 Other Bonds 80700000 Preferred and Common Stock 1366271 4 Real Estate 12752911 Real Estate Mortgages 2175000 University System Buildings 1211 19573 Other Investments 11 71732 TOTAL ENDOWMENT FUNDS B 229675131 15793212 115721363 62686012 685275 1121 50 U21192739 63513737 1626793 379970517 381597310 h IM 15 IV STUDENT LOAN FUNDS Cash on Hand and in Banks Student Notes Receivable Due from Other Funds Investments U S Government Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments 1U597083 19U95970 1722118 U5705875 1175000 1311975 7U3580U 286635 W 110576U 85UOQ962 TOTAL STUDENT LOAN FUNDS 121216133 4 if V PLANT FUNDS A UNEXPENDED Cash on Hand and in Banks Investments Temporary 25l2U9iull 103UU9093 TOTAL UNEXPENDED PLANT FUNDS 35U69850U B INVESTED IN PLANT Land Buildings Improvements Other Than Equipment 326U96870 3066903551 Bldgs 326323U8U lU30329329 TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS 515005323U 550U751738 6U95271657 4 f 16 UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30 1952 Liabilities Surplus and Fund Balances CURRENT FUNDS A GENERAL Accounts Payable Res for Purchase Orders M65571 Outstanding 21188250 Reserve for Unearned Income 21127083 Other Reserves 1863311 Unappropriated Surplus 175030919 TOTAL GENERAL FUNDS 229675l3l B RESTRICTED Fund Balances i It57932li2 TOTAL RESTRICTED FUNDS 15793212 C AUXILIARY Accounts Payable 51 01119 Due to Other Funds Res for Purchase Orders 1200000 Outstanding 1276221 Reserve for Unearned Income 5720061 Reserve for Stores 37513297 Other Reserves 1578750 Unappropriated Surplus 93001912 TOTAL AUXILIARY FUNDS 115721363 TOTAL CURRENT FUNDS AGENCY FUNDS Fund Balances TOTAL AGENCY FUNDS ENDOWMENT FUNDS Due to Other Funds Reserve for Purpose of Trust Fund Balances 21192739 63513737 63513737 1755801 2915612 379895891 TOTAL ENDOWMENT FUNDS 381597310 STUDENT LOAN FUNDS Fund Balances 121216133 TOTAL STUDENT LOAN FUNDS 121216133 V PLANT FUNDS A UNEXPENDED Due to Other Funds 131991 Reserve for Sinking Fund 15932219 Fund Balances 33863ii29U TOTAL UNEXPENDED PLANT FUNDS 35U69850ii B INVESTED IN PLANT Loans Payable to Endowment Funds Loans Payable to Student Loan Funds Bonds Payable Investment in Plant 121U19573 286635Uii 259900000 U7li0070117 TOTAL INVESTMENT IN PLANT 515005323U TOTAL PLANT FUNDS 55OU751738 TOTAL LIABILITIES SURPLUS AND FUND BALANCES 695271657 18 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AVAILABLE FUNDS AND APPLICATION OF FUNDS FOR CURRENT AND PLANT PURPOSES For Year Ended June 30 1952 AVAILABLE FUNDS Cash Balance Including Temporary Investments July 1 1951 General Restricted Auxiliary Plant Regents Allotment Account Income State Appropriation Internal Income Educational and General Auxiliary Enterprises Student Aid Plant 995133017 173232529 15071511 21251235 129621811 32061506 86571511 110877UU8 7828816 1263300000 1507991325 IT Total Income NonIncome Loan from Endowment Funds Repayment of Advance to Building Authority Other Items TOTAL AVAILABLE FUNDS 9755956 1500000 835360 APPLICATION OF FUNDS Expenditures Educational and General Auxiliary Enterprises Student Aid Plant 1752737971 U26028182 29303025 3501909936 NonExpense Transfer to Univ of Ga Endowment Funds Cash Balance Including Temporary Investments June 30 1952 General Restricted Auxiliary Plant Regents Allotment Account TOTAL FUNDS APPLIED 139250567 10131961 991 72069 351698501 36011608 li 396961188 2771291325 12091316 3180316829 2509979117 800000 669567712 3180316829 id 19 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT SURPLUS June 30 1952 EDUCATIONAL AND GENERAL Surplus July 1 1951 11425147532 Additions Excess Income Over Expenditures 1 Current Income Realized 18 171 00559 Add Balance Payable to Institutions On It State Appropriation 285321 88 4 Decrease in Unearned Income 120886 88 10621176 1887721735 Deduct Decrease in Accounts Receivable 12520810 Current Income Earned 1875200895 Pp Deduct Current Expenditures Cash Expenditures 17527379714 M Add Increase in Accounts Payable 1753052 Current Expenditures 175141491026 120709869 Increase in Regents Allotment Account 28111762 P Transfer from Other Funds 766013 h Surplus July 1 1951 Plus Additions 292163176 Deductions Transfer to Plant Funds 106021687 Increase in Surplus Reserves 10155039 Transfer to Other Funds 162717 Surplus Adjustments 789811 117132257 Nig Surplus June 30 1952 175030919 AUXILIARY ENTERPRISES Surplus July 1 1951 78050282 Additions Excess Income Over Expenditures Current Income Realized 473232529 Deduct Decrease in Accounts Receivable 1911712 Increase in Unearned Income 621286 2538998 Current Income Earned 1470693531 Deduct Current Expenditures Cash Expenditures 1 26028182 H pi Add Decrease in Inventories 7007253 U330351w35 Deduct Decrease in Accounts Payable 23146421 Current Expenditures 1 3O6 89Oll 10001517 Decrease in Surplus Reserves 9922265 Surplus Adjustments 15020 Surplus July 1 1951 Plus Additions 128792081 4 Deductions y Transfer to Plant Funds 35306876 Transfer to Other Funds 483296 35790172 Surplus June 30 1952 93001912 20 6 SENIOR UNITS University of Georgia Athens Atlanta Division General Extension Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology North Georgia College Georgia State College for Women Georgia Teachers College Valdosta State College TOTAL SENIOR UNITS MEDICAL UNITS Medical College of Georgia JUNIOR UNITS Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr College TOTAL JUNIOR UNITS NEGRO UNITS Albany State College Fort Valley State College Savannah State College TOTAL NEGRO UNITS GENERAL Central Office Soil Conservation Committee TOTAL GENERAL GRAND TOTAL UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30 1952 Administrative Student and General Welfare Physical Plant Library Instruction Activities Related to Instruction Research Extension Total Expenditures 22590444 10684678 39529499 23797917 192084861 18595410 20109237 327392046 12762186 1823612 10740295 9582638 70197165 105105896 3098820 136150 14198301 3170468 10106035 30709774 10275082 5889565 1168851 36586255 131153474 185073207 10517012 181170949 191687961 28353622 9713116 55533346 12702427 174751057 132728715 44097210 457879493 4511721 2254427 8521796 1826038 17889087 25782 35028851 7101904 2779194 9597897 3275038 37088297 219114 2176575 62238019 4977497 541479 5764056 2275550 27505638 632119 41696339 3933349 959493 3218796 1176460 11770113 21058211 108121657 28755999 138931400 55804899 545484519 39756723 282722495 258292125 1457869797 5005677 5747504 1040599 37523275 19390751 14116041 131185 82955032 2920473 442557 2556121 431322 4116344 10466817 2628947 166190 3214075 623478 7625156 104271 14362117 2627150 137500 2463522 552260 5011314 10791746 2671728 559075 2158937 516998 7231190 13137928 2312407 404916 2817535 529521 6047747 3867591 852099 16831816 1 13160705 1710238 13210190 2653579 30031751 3867591 956370 65590424 5413945 1071906 3663878 1560123 15410427 27120279 5863958 1059377 8163685 2405773 25169296 1938683 235111 3274219 48110102 8760995 1986773 10958205 2482414 35099818 344879 596133084 20038898 4118056 22785768 6448310 75679541 1938683 255111 3619098 134863465 9367290 9367290 2091966 2091966 9367290 2091966 11459256 155694207 34584293 180674862 65947387 688719086 64953748 297073647 265090744 1752737974 21 UNIVERSITY SYSTEM OF STATEMENT OF EDUCATIONAL AND For Year Ended June GEORGIA GENERAL INbOME 30 1952 STUDENT FEES Gifts Government Sales Total Less Allotment NonResident Summer Grants Other Than and Internal State unpaid at Total Matriculation Tuition School Other Endowment Allotment Services Other Income Allotment End of Yr Income SENIOR UNITS University of Georgia Athens 669959jo7 31397307 17358602 7091446 19048955 23116265 8704360 3998187 177711029 192500000 9680824 360530205 Atlanta Division 44338960 22551900 11860974 1390963 80142797 45000000 1951997 123190800 General Extension 20449037 8262017 1294221 30005275 5500000 2666218 32839057 Agricultural Experiment Station 9322321 37992442 66231300 1546627 115092690 91300000 6784Ul 205714289 Agricultural Extension Service 4362657 126231433 130594090 65000000 195594090 Georgia Institute of Technology 89098446 66690413 5103999 6841753 6363887 1720710 126721143 2696087 305236438 156000000 461236438 North Georgia College 72668i71 414631 1783277 736295 160000 6042 10367116 26800000 624777 36542339 Georgia State College for Women 7806432 307164 4953510 1381710 20U000 7870686 659388 23178890 45900000 3992997 65085893 Georgia Teachers College 6916734 1214995 5931612 986317 2982500 451214 18483372 27000000 2702442 42780930 Valdosta State College 5108803 736886 832252 871261 20105 7569307 148000U0 868059 21501248 TOTAL SENIOR UNITS 2479811490 123313296 47824226 26170799 39457820 199914036 202957066 10762571 898381004 669800000 23165715 1545015289 MEDICAL Medical College of Georgia f 13657188 49500 16535129 250000 1165237 57180 31714234 55000000 86714234 JUNIOR UNITS Georgia Southwestern College 1 1362050 78315 98785 177990 138387 1855527 9000000 404241 10451286 West Georgia College 2199375 302194 342570 309604 144371 194947 3493061 12200000 1152443 14540618 North Georgia College 1288000 240000 62000 180000 200000 1970000 9100000 11070000 South Georgia College 2011161 472687 322099 2805947 11100000 1007414 12898533 Abraham Baldwin Agr College 19556470 133552 346166 180175 2997467 134972 5748002 11800000 17548002 TOTAL JUNIOR UNITS 8816256 1226748 849521 1169868 144371 2997467 668306 15872537 53200000 2564098 66508439 NEGRO UNITS Albany State College 4140927 522340 1987769 5 63558 12000 7226594 22500000 1121843 28604751 Fort Valley State College 6348625 1686746 3212637 1073360 228618 6758792 1680080 261532 21250390 29000000 50250390 Savannah State College 7725650 3772997 5016850 1009006 2565710 113209 781466 20984888 41000000 61984888 TOTAL NEGRO UNITS 182152402 5982083 10217256 2645924 228618 9324502 1793289 1054998 49461872 92500000 1121843 140840029 GENERAL Central Office 3400 3400 7200000 7203400 Soil Conservation Committee 2500000 1680832 819168 TOTAL GENERAL 3400 3400 9700000 1680832 8022568 GRAND TOTAL L2 88669836 130522127 58891003 30036091 53221567 209632909 208913059 12546455 995433047 880200000 28532488 1847100559 22 V2 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME For Year Ended June 30 1952 Dormitories Dining HallsBookstoreApartmentsOther Total Senior Units University of Georgia Athens 282807U5 398141389 33603799 148555914 106581527 Atlanta Division 17l4l4l4631 60238514 2314681485 Georgia Institute of Technology 27257226 51597257 1466621459 171461221 101402132 153380295 North Georgia College 1918372 150814667 52142810 1628301 14205708 31109858 Georgia State College for Women 7580311 23162629 2311726 10U6250 3591816 37695762 Georgia Teachers College 3758593 114116350 3998879 820128 22693950 Valdosta State College 1696555 69871471 1367732 620055 10671813 Total Senior Units 73521802 150789763 110632036 20135772 30522317 385601690 Medical Medical College of Georgia 1232977 U232977 Junior Units Georgia Southwestern College 10276214 3795001 976061 33855U 61372140 West Georgia College 16U9322 14808536 9332146 1030395 814211499 Middle Georgia College 1635000 2617500 1179008 51431508 South Georgia College 1318738 137598 1213311 352505 7290505 Abraham Baldwin Agr College 1736335 6813880 11614077 320838 10035130 Total Junior Units 7367019 221410865 51i 95706 338551 1703738 37315882 Negro Units Albany State College 2227026 69714967 1020167 10222160 Fort Valley State College 2898769 11901886 2951693 598185 627075 18977908 Savannah State College 2506267 9l4Ol433U 32101014 1761207 16881912 Total Negro Units 7632062 28281187 71819614 598185 2388282 146081980 GRAND TOTAL 88520883 2011481815 127512683 21072811 3146114337 1473232529 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY EXPENDITURES For Year Ended June 30 1952 Dormitories Dining Halls Bookstore Apartments Other Total Senior Units University of Georgia Athens 22317981 11551551 31552571 5206126 100631232 Atlanta Division 13839266 2295306 16131572 Georgia Institute of Technology 18858321 52891881 17213360 8129331 9218882 136371781 North Georgia College 3016083 11019137 1611210 11311402 3001209 25782011 Georgia State College for Women 59071 11 19898903 2360791 261661 3101689 31533191 Georgia Teachers College 3786639 12956716 3972061 1058616 21771092 Valdosta State College 2512lt51 5559676 1239938 331076 9616111 Total Senior Units 56398925 1 16880897 101822197 9522397 212189314 311873350 Medical Medical College of Georgia 3226370 3226370 Junior Units Georgia Southwestern College 811550 31 71319 10314797 216058 5536721 West Georgia College 1267893 5111503 817259 10011418 8501103 Middle Georgia College 1712832 2721782 1079076 5516690 South Georgia College 1351270 1375877 1115958 288681 7131789 Abraham Baldwin Agr College 1503078 6613131 1161713 197719 9508671 Total Junior Units 6679623 22626615 5211803 216058 li 90881 36221980 Negro Units Albany State College 1770802 7378698 1153897 10303397 Fort Valley State College 2009965 12009285 3253306 351205 939917 18563678 Savannah State College 1881825 8826378 3316511 1781690 15836I 07 Total Negro Units 5662592 28211361 7753717 351205 2721607 11703l 82 68711110 197721873 121011087 10089660 2816ll22 1 26028182 GRAND TOTAL UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF INCOME FOR STUDENT AID For Year Ended June 30 192 im fi H Senior Units University of Georgia Georgia Institute of Technology Georgia State College for Women A if Negro Units Fort Valley State College Jx General Activities j WR Graduate Scholarships for Negroes Regional Council for Education Totals Gifts State Endowment Grants Allotment 120969 18791497 1245036 111275114 5181498 100000 80000 11600000 3625000 18 814503 Ii3i5870il 15225000 vw STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30 1952 Fellowships Scholarships Other f yi Senior Units University of Georgia Georgia Institute of Technology X Georgia State College for Women Negro Units Fort Valley State College General Activities Graduate Scholarships for Negroes Regional Council for Education Totals 20140388 2010987 7728972 hh9h96 79999 120718214 101687 11914672 3625000 20140388 223U1278 4921359 Total 20001466 12372550 6181498 80000 11600000 3625000 302965114 Total 211267U 109614032 l4U9l496 79999 120718214 3625000 29303025 25 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES For Year Ended June 30 1952 Plant Additions Buildings and Additions Improvements Other Than Land Equipment Debt Service Other Senior Units University of Georgia Atlanta Division Agr Exp Station Agr Extension Service Georgia Institute of Tech North Georgia College Ga State Col for Women Georgia Teachers College Valdosta State College Medical Medical Col of Georgia Junior Cxa Southwestern College West Georgia College Middle Georgia College South Georgia College Negro Albany State College Fort Valley State College Savannah State College General Campus Development Plans Architecture Fees Building Authority Rentals Total 15111767 2291182 1502179 5062219 6051575 60022222 591037 10792108 11383185 6186000 236377141 1717261 1239706 32780711 3001562 3001562 36335c 18693531 6267909 6360076 18878382 21 22822 18582030 3037121 91760 198975 1153803 11 81659 700000 2816851 150000 93560 710553 1197333 5728300 136563 519717 332817 27500 1016627 619261 1789892 2809156 808868 808868 1172602 11332 92765 1805231 3111933 310719 1 87072 10000 687350 1525111 18500 1390005 11 38505 879210 337991 1217231 ge 139IOOj 591097 16915 507960 638190 3588192 312365 99371 120519 1785918 2388203 1512270 1315532 102316 118976 3019091 573000 1233777 987876 2213011 201700 1262911 9172275 569687 569687 8111369 8111369 97302023 97302023 11319657 112108579 13511038 11930711 21796765 1 28210186 301909936 Totals REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 27 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL OPERATING FUNDS Cash in Bank Accounts Receivable Bd of Regents B REGENTS ALLOTMENT ACCOUNT Cash in Bank TOTAL CURRENT FUNDS II PLANT FUNDS Cash in Bank Temporary Investments TOTAL PLANT FUNDS TOTAL ASSETS 1372798 1680832 3053630 6U5U7996 67600726 11U60566 50000000 6lU60566 129061292 LIABILITIES I CURRENT FUNDS A GENERAL OPERATING FUNDS Surplus Central Office Soil Conservation Graduate Education TOTAL CURRENT OPERATING FUNDS B REGENTS ALLOTMENT ACCOUNT Allotments Payable Surplus TOTAL REGENTS ALLOTMENT ACCOUNT TOTAL CURRENT FUNDS II PLANT FUNDS Fund Balance Campus Development Plans Ilah D Little Funds Architects Fees TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 625U77 2018703 U 09i5o 3053630 28532188 360lU608 6U5sU7096 67600726 2525855 5085U580 8080131 6lU6o566 129061292 28 REGENTS ALLOTMENT ACCOUNT STATEMENT OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30 1952 RECEIPTS State Appropriation General Appropriation Act of 1951 Section 9 a For the cost of operating the State Board of Regents and for aid to the University System 661500000 For annual payment to University of Georgia for old bank stock item For the purchase maintenance and operation of mobile soil testing units For cost of operating the State Soil Conservation Committee Section 9 b For the cost of use andor acquiring additions to plant and equipment for the University System from the University System Building Authority Section 51 c For aid to University System for maintenance and for new buildings plant and equipment 198500000 Section 51 v For completing the construction of the building housing the School of Veterinary Medicine and for acquiring equipment needed in the operation of the school 10000000 Total State Appropriation 1263300000 Repayment of Advance to Building Authority 1500000 8000u00 7000000 2500000 50000000 TOTAL RECEIPTS DISBURSEMENTS 12 6i800000 Payment on Allotments for Educational and General Operation Payment on Allotments for Plant Additions and Improvements Payment on Allotments for Other Purposes 851667512 3U0389238 16025000 TOTAL DISBURSEMENTS 1208081750 Excess of Receipts Over Disbursements Cash Balance July 1 1951 56718250 7828816 Cash Balance June 30 1952 61517096 29 REGENTS ALLOTMENT ACCOUNT STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS For Year Ended June 30 1952 Senior University of Georgia Atlanta Division Agr Extension Service Agr Experiment Stations General Extension Service Ga Institute of Technology North Georgia College Ga State College for Women Georgia Teachers College Valdosta State College Medical Medical College of Georgia Junior GafSouthwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr College Negro Albany State College Ft Valley State College Savannah State College General Activities and Other Regents Central Office Graduate Scholarships for Negroes Regional Council for Education Soil Conservation Committee University System Building Auth Architects Fees Campus Development Plans Total Allocations Less Amount Unpaid at End of Year Educational Plant and General Additions and ODerations Improvements Other Total 192500000 15000000 65000000 913000 00 5500000 156000000 268000 00 15900000 270000 00 11800000 65181300 2200000 17672800 17750000 9010000 10550000 5850000 1661800 800000 258181300 17200000 65000000 108972800 5500000 203750000 35810000 561 50000 32850000 19161800 55000000 3U97600 581 97600 90000 00 12200000 91000 00 11100000 11800000 1536600 1326500 1500000 1090000 8987715 13536600 16526500 13600000 15190000 20787715 225000 00 290000 00 11000000 5125000 16113300 9860000 27625000 15113300 50860000 7200000 11600000 3625000 7200000 11600000 3625000 2500000 97302023 16191500 2917100 2500000 97302023 16191500 2917100 880200000 3U0389238 16025000 1236611238 28532k88 285321 88 851667512 310389238 16025000 1208081750 Total Payments on Allocations GENERAL ACTIVITIES STATEMENT OF INCOME For Year Ended June 30 1952 I CURRENT A EDUCATIONAL AND GENERAL Governmental State of Georgia Regents Central Office State Soil Conservation Committee Less Amt Unpaid at End of Year TOTAL GOVERNMENTAL Other Sources Miscellaneous Receipts TOTAL EDUCATIONAL AND GENERAL INCOME 3 OTHER NONEDUCATIONAL Governmental State of Georgia Graduate Scholarships for Negroes Regional Council for Education TOTAL OTHER NONEDUCATIONAL INCOME TOTAL CURRENT INCOME II PLANT FUNDS Governmental State of Georgia Campus Development Plans University System Building Authority Rentals Architects Fees TOTAL GOVERNMENTAL Other Interest on Temporary Investments TOTAL PLANT FUNDS INCOME TOTAL INCOME 2500000 1680832 7200000 819168 8019168 3ii00 802268 11600000 3625000 15225000 232147568 2917100 97302023 16191500 116110623 501616 116912239 110189807 31 GENERAL ACTIVITIES STATEMENT OF EXPENDITURES For Year Ended June 30 1952 Object Classification Operating Personal Supplies Total Services Expense Equipment I CURRENT A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Regents Central Office EXTENSION Soil Conservation Committee 9367290 7311291 2016335 36661 2091966 15033I18 588618 TOTAL EDUCATIONAL AND GENERAL 11159256 8817639 2601953 36661 B OTHER NONEDUCATIONAL Graduate Education for Negroes Regional Council for Education 12071821 12071821 3625000 3625000 TOTAL OTHER NONEDUCATIONAL 15696821 15696821 TOTAL CURRENT EXPENDITURES 27156080 8817639 18301777 36661 It PLANT FUNDS Campus Development Plans Building Authority Rentals Architects Fees 569687 97302023 8111369 TOTAL PLANT EXPENDITURES 105983079 NONEXPENSE Purchase of Temporary Investments 10000000 TOTAL PLANT DISBURSEMENTS 115983079 TOTAL EXPENDITURES 133139159 32 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Regents Allotment Account Regents Central Office Soil Conservation Committee Graduate Education Regional Council for Education Campus Development Plans Building Authority Rentals IIah D Little Library Fund Architects1 Fees TOTALS Cash Balance July 1 1951 Receipts Disburs ements Cash Balance June 30 1952 7828816 1261800000 1208081750 61517096 2789367 72031 00 9367290 625177 1610669 819168 2091966 337871 88127V 11600000 12071821 l09l50 3625000 3625000 ll81l2 2917100 569687 2525855 97302023 97302023 10352961 501616 10000000 85it58o 16191500 8111369 8080131 23611562 ll 0189807 1351220909 rM060 BANK BALANCES Fulton National Bank Atlanta Georgia 61881967 Citizens Southern National Bank Atlanta 11231163 Trust Company of Georgia Atlanta 1261030 TOTAL 77380l60 33 THE UNIVERSITY OF E 0 R G I A FINANCIAL REPORT FOR THE YEAR ENDING June 30 1952 The University of Georgia Athens Georgia 35 THE UNIVERSITY OF GEORGIA Athens Georgia I am submitting herewith my annual report as Comptroller and President 0 C Aderhold The University of Georgia Athens Georgia Dear President Aderhold I am submitting herewith my annual report as Comptroller and ft Treasurer of The University of Georgia for the fiscal year ending June 30 1952 which consists of the following exhibits and schedules PART I Consolidated Consolidated Balance Sheet Exhibit A Summary of Current Income Exhibit B Summary of Expenditure s Exhibit C PART II University at Athens Balance Sheet Schedule A Summary of Income Schedule B Statement of Educational and General Income Schedule Bl Statement of General Extension Income Schedule B2 Statement of Auxiliary Enterprises Income Schedule B3 Statement of Other NonEducational Income Schedule BU Summary of Expenditures Schedule C Statement of Educational and General Expenditures Schedule Cl Statement of General Extension Expenditures Schedule C2 Statement of Auxiliary Enterprises Expenditures Schedule C3 Statement of Operations of Restricted Funds Schedule D m J9 v m il 1 It 11 j P 9 A w i I I k 1 ra 4 K j 4 i k Vi V v d V S i5 t 1 V i t 9 Sm v in V 9 E 9 1 Statement of Trust Fund Balances Schedule E Statement of Trust Fund Balances by Funds Schedule El Summary of Trust Fund Investments Schedule E2 Detail of Endowment Funds Governmental Bonds Schedule E21 Detail of Endowment Funds Common Stock Schedule E22 Detail of Loan Funds Governmental Bonds Schedule E23 Detail of Loan Funds Common Stock Schedule E2it Statement of Receipts and Disbursements Trust Funds Schedule E25 Statement of Changes in Cash Balances Schedule F Statement of Agency Funds Schedule G Statement of Unexpended Plant Funds Schedule H Statement of Operations of Plant Funds Schedule Hl Statement of Investment in Plant Schedule H2 PART III Agricultural Extension Service Balance Sheet Schedule I Statement of Current Income Schedule J Statement of Current Expenses Schedule K Statement of Operations of Restricted Funds Schedule L Statement of Agency Funds Schedule M Statement of Changes in Cash Balances Schedule N Statement of Investment in Plant Schedule Nl PART IV Atlanta Division Balance Sheet Schedule 0 Statement of Current Income Schedule P 37 Statement of Current Expenditures Schedule Q Statement of Changes in Cash Balance Schedule R Statement of Agency Funds Schedule S Statement of Unexpended Plant Funds Schedule T Summary of Investment in Plant Schedule U Statement of Investment in Plant Schedule Ul PART V Experiment Station General eu Schedule V Statement of Current Income Schedule W Statement of Current Expenditures Schedule X Statement of Changes in Cash Balances Schedule X Statement of Unexpended Plant Funds Schedul Z Statement of Investment in PlantSchedule Zl Statement of Operations of Unexpended Plant Funds Schedule Z2 PART VI College Experiment Station Schedule AA Balance Sheet Schedule BB Statement of Current Income Statement of Current Expenditures Schedule CC Statement of Operations of Restricted Funds Schedule DD Statement of Changes In Cash Balances Schedule EE Statement of Unexpended Plant Funds Schedule FF Statement of Operations of Unexpended Plant Funds Schedule FF1 Statement of Investment in Plant Schedule FF2 PART VII Georgia Experiment Station Balance Sheet Schedule GG Statement of Current Income Schedule HH Statement of Current Expenditures Schedule II Statement of Operations of Restricted Funds Schedule JJ Statement of Agency Funds Schedule KK Statement of Changes in Cash BalancesSchedule LL Statement of Unexpended Plant Funds Schedule MM Summary of Investment in PlantSchedule MK1 Statement of Investment in Plant Schedule MM2 PART VIII Coastal Plain Experiment Station Balance Sheet Schedule NN Statement of Current IncomeSchedule 00 Statement of Current Expenditures Schedule PP Statement of Operation of Restricted Funds Schedule QQ Statement of Changes in Cash Balances Schedule RR Statement of Unexpended Plant Funds Schedule SS Statement of Investment in Plant Schedule SS1 Respectfully submitted s J D Bolton Comptroller and Treasurer Dated at Athens Georgia August 31j 1952 39 COMMENTS This report is assembled on a basis of receipts and disbursements with the exception of the Balance Sheet which reflects all known assets and liabilities including both accounts receivable and accounts payable The report embraces all units of the University of Georgia including The University of Georgia Athens Georgia General Extension Service Athens Georgia Atlanta Division of The University of Geqrgia Atlanta Georgia Agricultural Extension Service Athens Georgia Experiment Stations General Athens Georgia College Experiment Station Athens Georgia Georgia Agricultural Experiment Station Experiment Georgia and the Georgia Coastal Plain Experiment Station Tifton Georgia A separate accounting is maintained for each unit and therefore the report is arranged in eight parts asfollows Part I Consolidated All Units Part II University of Georgia Including General Extension Service Part III Agricultural Extension Service Part IV Atlanta Division of the University of Georgia Part V Experiment Stations General Part VI College Experiment Station Part VII Georgia Agricultural Experiment Station Part VIII Georgia Coastal Plain Experiment Station CONSOLIDATED A 11 n fi VV M Ml INCOME I The following summary gives the source of income and the percentage of each item to the total for Educational and General purposes only 195051 195152 Source Amount Percent Amount Percent Student Fees 27850888 3373 231600371 2523 r b State Allotment 251618915 3081 381322560 1187 Federal Appropriations 176687783 2139 175777710 1915 Other Public Appropriations 11770311 113 115621 00 126 Endowment 2261831 27 1682185 18 Gifts and Grants 21617121 298 31051718 339 V Sales and Services 708251 35 858 71935660 817 Other 61 79671 78 6910707 75 TOTALS 825802989 10000 917813371 10000 v p iff I k EXPENSES The following is a statement of Educational and General expenditures I A by functions and the percentage of each function to the total 195051 195152 Function Amount Percent Amount Percent Administration 117930039 623 16013712 518 Student Welfare 11918638 155 12508290 119 Physical Plant 56677791 737 56295509 670 Libraries 2867U917 373 36523662 li35 Instruction Resident 265687072 31 56 2761 80327 3291 Research 113136261 1175 1521161701 1815 Services Related to Instruction and Research 10950738 533 37782Ult7 It 50 Extension 203573039 2618 221903233 26U2 TOTALS 7688181 98 10000 839968881 10000 3 THE UNIVERSITY OF GEORGIA ATHENS GEORGIA INCOME The following table reflects the comparative Educational and General Income and percentages of income to the total for a threeyear period 191950 195051 195152 Source Amount Percent Amount Percent Amount Percent mm Student Fees 1 61i3565 1897 1666295 16UU 1228133 3lt 91 v Endowment 17700 53 22618 63 16822 18 Pli Federal 88012 262 86953 212 87566 219 Std6 1306799 3891 1162323 1076 1828192 5196 v 1 State Dept Health 3368 10 5233 15 1808 05 Other States 2250 07 2895 08 6600 19 I Vocational 117171 U38 111 082 318 70129 200 U S Navy Research 79lU 21 5121 11 395 01 h 1 Clarke County 28782 86 32106 90 63090 179 L Other Counties 1620 11 3805 11 1275 01 Gifts and Grants 18619 115 117653 112 173668 l9l y 1 Rents 2231 07 1715 05 2517 07 1 1 Other 22126 67 8267 23 17112 19 1 Veterans Guidance 32377 96 28369 79 20323 58 ml i 4 TOTALS 3355897 10000 3587795 10000 3518260 10000 1 0 I 1 f 4 0 41 EXPENSES The following table presents a comparison of expenditures for Educational and General purposes for four years Function 19U81i9 19lt950 195051 195152 Administration 161989 135688 16U081 168850 General 111618 165U28 160796 161 an Plant Operations 367015 310122 371087 38a287 Library Net 191255 186061 220U02 237178 Instruction Net 1829010 1852631 1797063 l8ai698 Research Net 237969 232900 191U78 17a67a Services Related to Instruction Net 13972 5U51U 36018 0 Extension Net 27l35i 233U76 6389li ia091 SubTotal 3217212 3170820 30078U9 3113189 Outlay 799950 117799 6lli57 73988 TOTALS 14017162 3288619 3069306 3187177 The following table is a comparison of the preceding expenditures expressed in percentages to the total Function Percent i9a8a9 Percent 19a950 Percent 195051 Percent 195152 Administration u03 i13 535 530 General 353 503 521 506 Plant Operations 91a 913 1219 1206 Library u76 566 718 7aa Instruction 1553 5633 5855 5778 Research 592 708 62a 5a8 Services Related to Instruction Net 35 166 117 0 Extension 683 710 208 a55 Outlay 1991 358 200 233 TOTALS 10000 10000 10000 10000 The following table is a study of Instructional Cost by Schools and Colleges These figures include Outlay and all other Instructional Cost except the Summer Quarter The figures for the School of Education include Vocational Agricultural Teacher Training Vocational Home Economics Teacher Training Demonstration School and Physical Education The cost of the Dean of faculties Office is prorated to all schools and colleges School or College i9aea9 191950 195051 195152 1 Agriculture 237890 2a8966 236697 215aoo 2 Arts and Sciences 707059 666765 638587 6a6a9a 3 Business Administration 135293 125867 123780 110601 a Education 236773 235801 251 103 298117 5 Forestry 33125 37187 37379 35766 6 Graduate aa92o 17697 a2302 15309 7 Home Economics 86a8l 82768 76010 77635 42 Instructional Cost by Schools and Colleges Continued School or College 19U8U9 191950 195051 195152 8 Journalism 29751 28820 29225 29807 9 Law 58228 61170 59702 59222 10 Military It 710 U 527 5359 6631 11 Pharmacy 10333 15870 17871 13802 12 Veterinary Medicine Net 120122 119305 160500 167930 TOTALS 1735285 l73i7l6 171118 1736711 The number of quarter hours taught by each School or College is shown in the following table Hours taught in Military Science and the Graduate School are shown under the school or college in which the student is majoring School or College 191819 191950 195051 195152 1 Agriculture 30185 26750 22015 18137 2 Arts and Sciences 113388 133597 110529 91802 3 Business Administration 51757 38217 31081 26316 1 Education 28007 32261 27166 23657 5 Forestry 7710 6188 1151 3212 6 Home Economics 5811 6072 5803 6356 7 Journalism 10709 7512 5720 1293 8 Law 11560 9970 7851 5803 9 Pharmacy 7077 6302 5213 l5oi 10 Veterinary Medicine 8222 11111 11508 10735 TOTALS 301 759 278010 231103 195112 The following table is a comparison of cost per student quarter hour by Schools and Colleges for a four year period School or College 191819 191950 195051 195152 1 Agriculture 780 931 1071 1168 2 Arts and Sciences 193 199 578 701 3 Business Administration 261 329 398 U20 1 Education 815 731 935 1260 5 Forestry U3U 601 900 1113 6 Home Economics li 80 1361 1310 1221 7 Journalism 278 382 511 691 8 Law Sol 611 760 1021 9 Pharmacy 570 728 913 973 10 Veterinary Medicine Net U 65 1311 1395 1561 TOTAL AVERAGE 1 569 621 711 890 43 AUXILIARY ENTERPRISES INCOME AND EXPENSES Details of income from Auxiliary Enterprises in the amount of 1065j8l527 are shown in Schedule B3 The details of expenses amounting to 106826828 are shown in Schedule C3 The Balance Sheet Schedule A reflects reserve for repairs and replacements of 2Ul8U285 GENERAL EXTENSION AND CORRESPONDENCE The following summary is a comparison of the Operations of General Extension and Correspondence for the past four years Prior to 19U7U8 this service was operated as a unit of the University System of Georgia 19U8U9 19U950 195051 195152 AmountPercent Amount Percent Amount Tercent Amount Percent INCOME Student Fees State Allotment Other 235660 Uoooo 568 8531 1UU8 21 213096 53700 7987 2013 272367 11 300 8601 1399 300053 28338 9137 863 TOTALS 276228 10000 266796 10000 316667 10000 328391 10000 EXPENSES Adm General Plant Operation Instruction Services Related to Instruction Extensaon 23186 1196 99117 23811 73152 10U9 5U UU98 1077 3322 23926 1196 112317 29709 82851 957 18 11 93 1188 3311 25152 1053 130665 25831 87286 931 39 U8U0 957 3233 30988 1362 1U1983 31705 101060 1009 UU U62U 1032 3291 TOTALS 221095 10000 2U9999 10000 269987 10000 307098 10000 TRUST FUNDS The University holds funds in trust as follows Endowment Funds 233372889 Loan Funds Miscellaneous Funds 12670Up Total Trust Funds Corpus 295768202 Reserves for Purposes of Trust Endowment Funds 29 U5612 Loan Funds 16921398 Total Trust Fund Reserves 19867010 TOTAL CORPUS AND RESERVES 44 315635212 A summary of these funds is shown in the Balance Sheet Schedule A Statement of Trust Fund Balances is shown in Schedule E and a statement of the individual fund balances is shown in Schedule El Summaries of Trust Fund investments are shown in Schedules E2 E21 E22 E23 and E2U Statement of Receipts and Disbursements is shown in Schedule E25 There is an unamortized balance of 37759959 due to Trust Funds from the University on buildings This balance is being amortized over a period of 20 years at 3 There is an unamortized balance of 28013893 on Clark Howell Wings and 358021470 on Milledge Annex Wings which is being amortized over a period of 30 years at 3 The balance due to Trust Funds on the H H Hinton property on Jackson Street purchased by the University in 19U9 is 13lU975 This property is rented for 7500 a month and the payments are applied on this loan There is an unamortized balance of 96108014 due to Trust Funds from various fraternities representing loans on their homes These loans are being amortized over a period of 20 years at It Loans from Trust Funds to other units of the University System being amortized over a period of 20 years at 3 arei North Carolina College Dahlonega Georgia 3529183 Savannah State College Savannah Georgia 26Ij7lt12 AGRICULTURAL EXTENSION SERVICE The following is a summary of income and percentage of income to total for three years 19U950 195051 195152 Source Amount Percent Amount Percent Amount Percent State of Georgia hkh000 2580 135200 21 95 650000 3323 Clarke County 1320 25 U320 25 5280 27 Federal Funds 1219618 7086 12509U7 7172 125703k 6U27 Gifts and Grants 53067 308 53809 308 13627 223 Other 21U 01 20 TOTALS 1721219 10000 l7Uit 296 10000 19559kl 10000 A comparison of expense by objects of expenditure is presented below in amounts and percentages 191950 195051 195152 Object Amount Percent Amount Percent Amount Percent Salaries and Wages Travel Operating Supplies and Expense Equipment 1316827 305126 118120 9868 7525 1326990 nkh 3UO786 675 1011U6 56 U205 7U8U 1922 570 2U 11499016 311088 98018 8758 7820 1623 511 I46 TOTALS l7ii99Ul 10000 1773127 10000 1916860 10000 45 The following is a statement by projects of all expenditures disbursed by both the Agricultural Extension Service and the various counties This statement also indicates the amount of Federal Funds used State and County Funds used for offset and funds not used for offset by each project No 1 2 3 k 1a 1b 1c 1d 1e 1f 1i 5 5a 6 7 7a 7c 8a 8b 8c 8e 9 10 11 11a 12 Hi 17 18 19 22 Project Federal Funds Administration Publications County Agent Work Home Dem Work Home Improvement Nutrition Textiles and Clothing Utilization Child Development Home Industries Health Negro County Agt Work Negro Home Dem Work 1H Club Work Economics Marketing Research Marketing Georgia Eggs Beef Cattle and Sheep Dairying Poultry Swine Agronomy Horticulture Agricultural Engineering Farm Housing Forestry Soil Conservation Recreation 2956608 ll06317 60611818 201361498 UlU989 810011 l92l62 791925 U1699U 388618 7711 10711579 6210296 1312253 27895114 155000 J96o73 lll795 1665785 1025037 512136 2718033 999021 12573149 61000 182718 171996 l69620 Wild Life Conservation Bee Culture 528768 Entomology Offset Funds 688165 2626612 25391578 25019031 253121 388387 159616 370891 216751 230l 81 267732 2051791 1377233 1715096 1711580 267500 i96073 280317 1 52716 l21135 310220 1097272 1116115 937772 881731 252762 12717 251685 Funds Not Used as Offset 211010 5326Q 32007920 H670705 2281053 1181521 703313 638582 7987 Total Expenditures 3l 30763 7086219 118011316 59856231 668113 1198398 352078 1165819 635715 619129 275176 150501 23 8802053 6027319 1531091 1 22500 992116 695112 2821811 lll6172 822356 UI53887 2115139 2195121 61000 1061l82 171996 722382 12717 536755 251685 TOTALS 125857050 69311119 151336331 216537833 mjj 1 Of this amount 11510977 was disbursed by the various counties 2 Of this amount 17276981 was disbursed by the various counties 46 The following schedule indicates the funds to be offset and the manner in which they were offset Funds to be OffSet FEDERAL FUNDS SmithLever and BankheadJones BankheadFlannagan CapperKetcham Additional Cooperative Farm Housing Research and Marketing NorrisDoxey ClarkeMcNary TOTAL FEDERAL FUNDS STATE AND COUNTY FUNDS State and Other Funds County Disbursed by Counties TOTAL STATE AND COUNTY FUNDS Total To be OffSet Non OffSet 66381711 ll252U13 52129331 52383815 52383815 37331U8 17331U8 2000000 2613270 2613270 61000 61000 651073 651073 162000 162000 162000 162000 1 26181050 693U1 19 56836601 61890825 57833U72 UO57353 58789958 11510977 17278981 1 20680783 69 3111 19 5133633U The following is a summary of expenditures by objects Disbursed by Disbursed by Percent Object University Counties Total to Total Personal Services 116782185 55791765 202573950 8217 Travel 30900026 2998193 33898219 1375 Transportation of Things 120638 120638 05 Communication Service 1265935 1265935 51 Heat Light Power 135975 135975 06 Printing 1161302 1161302 17 Repairs to Equipment 18UU78 181178 07 Insurance 617973 617973 25 Supplies and Small Printing 5929389 5929389 211 Equipment 619971 6U997U 26 TOTALS ll877U7875 58789958 216537833 10000 47 THE UNIVERSITY OF GEORGIA CONSOLIEATED CONSOLIDATED BALANCE SHEET June 30 1952 ASSETS EXHIBIT A I CURRENT FUNDS A GENERAL Cash on Hand and In Banks Accounts Receivable TOTAL GENERAL B RESTRICTED Cash in Banks Accounts Receivable TOTAL RESTRICTED C AUXILIARY Cash in Banks Inventories Accounts Receivable TOTAL AUXILIARY TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Banks Notes Receivable TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Investments IV LOAN FUNDS Cash in Banks Investments Due from Endowment Funds TOTAL LOAN FUNDS V PLANT FUNDS A UNEXPENDED Cash in Banks Temporary Investments B EXPENDED Land Buildings Improvements other than Bldgs Equipment TOTAL PLANT FUNDS TOTAL ASSETS 77922355 33556721 21358597 372ll19 35989523 3975719 3730619 37501702 630275 95179W 68076619 1722118 1105U0538 37500000 118010538 102996115 1161089272 18985166 U18528293 1731599116 1111 79076 28083016 13695861 183257953 38131977 238010619 79316711 1882639681 2121386911 50 CONSOLIDATED BALANCE SHEET June 30 1952 LIABILITIES CURRENT FUNDS A GENERAL ft in 4 Accounts Payable 1 Unearned Income Reserves y 4 Surplus BE 4 TOTAL GENERAL id 1 B RESTRICTED r Fund Balances M j n C AUXILIARY wm Purchase Orders Outstanding 1 Reserves Surplus 1 TOTAL AUXILIARY 1 TOTAL CURRENT FUNDS y I II AGENCY FUNDS Fund Balances K Hi tn ENDOWMENT FUNDS Bfff Fund Balances Due Other Funds Lt l Reserves TOTAL ENDOWMENT FUNDS fk 1 IV LOAN FUNDS Fund Balances y Reserves s TOTAL LOAN FUNDS y I V PLANT FUNDS A UNEXPENDED K Fund Balances 1 B EXPENDED Mf Due to Other Funds 1 Invested in Plant TOTAL PLANT FUNDS Ip I yv 1 TOTAL LIABILITIES AND SURPLUS jl 1 5U91622 10U9098 10032881 3069822 91835U53 111U79076 28083016 2UU9l6 281600OU 152909Ul U369586l 183257953 38131977 233372889 1722118 29U5612 62395313 16921398 2380U0619 79316711 p 10225569U 16323U3U52 l 1U80U0538 1731599116 1882639681 21 21386911 Vi r 51 EXHIBIT B CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL Student Fees Public Appropriations State Regular Less Amount Payable Federal Other TOTAL PUBLIC APPROPRIATIONS 599300000 ll977ll0 381322560 175777710 115621 00 Endowment Gifts and Grants Sales and Services Other TOTAL EDUCATIONAL AND GENERAL 231600371 571662700 1682185 31051718 71935660 69A0707 917813371 B AUXILIARY Dormitories Dining Halls Other TOTAL AUXILIARY 28280715 39811389 61927878 130050012 C OTHER NONEDUCATIONAL Endowment Gifts and Grants TOTAL OTHER NONEDUCATIONAL 120969 1879U97 20001 66 TOTAL CURRENT INCOME 1019893819 D PLANT FUNDS State of Georgia Other TOTAL PLANT FUNDS TOTAL INCOME NONINCOME TOTAL RECEIPTS 85057100 11893911 96951011 1116811860 10001026 1156815886 52 EXHIBIT C r i y 4 W I 1 i 1 1 m i I m i j ft w I I A S4 V V IP V W V K HI 1 B 1 w E 1 A m X y 1 m CONSOLIDATED STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Salaries and Wages Operating Supplies Expense Capital Outlay Total A EDUCATIONAL AND GENERAL Administration and General Student Welfare Physical Plant Libraries Instruction Research Services Related Extension TOTAL EDUC AND GENERAL B AUXILIARY Dormitories Dining Halls Other TOTAL AUXILIARY C OTHER NONEDUCATIONAL Scholarships Awards TOTAL OTHER NONEDUCATIONAL D PLANT FUNDS Additions Debt Service TOTAL PLANT FUNDS TOTAL EXPENSE NONEXPENSE TOTAL DISBURSEMENTS t 29366215 10810515 29675353 16890769 2510721 81 105360321 10305835 15291817 Hi10339 218811 72 18101 20 17299929 36881189 26200939 1352620 2271 36 1738681 178221 73 8107911 10217191 1275673 16013712 12508290 56295509 36523662 276180327 1521 61701 37782117 623627168 171183199 12157917 I c CJ7 ujc 839968881 86181 80 1310553lt 563970 22317981 10009616 30593390 166816 10769852 732911j7 16260528 88293 53677968 25987273 1 899591 52 819079 116765801 2010987 2010987 101687 101687 2112671 2112671 8826295 90297561 99123859 1111198 3921021 5062219 9967lj93 91218585 101186078 619611711 276223118 137195581 1063033110 92691 1063126131 53 m i Pi 1 it v i pi 1 ft h 1 l 1 V ft iV 4 4 A 0 A P 1 k t rM i 4 mk w 0 llJi M m 1 V Vv i b II 4 V 1 1 4 11 u I 1 PART II THE UNIVERSITY OF GEORGIA ATHENS GEORGIA Schedule A Schedule Hlj 55 BALANCE SHEET June 30 192 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable Board of Regents Veterans Administration Other TOTAL GENERAL FUNDS 38710982 9680821 82lOll5 12500 17963739 B RESTRICTED Cash in Bank 5898056 Accounts Receivable 287612l TOTAL RESTRICTED FUNDS C AUXILIARY Cash in Bank 21716535 Accounts Receivable 21 377 50 TOTAL AUXILIARY FUNDS D GENERAL EXTENSION Cash in Bank 1313U95 Accounts Receivable Board of Regents 2666218 Veterans Administration 7559618 10225836 TOTAL GENERAL EXTENSION TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III ENDOWMENT FUNDS Investments s U S Securities Other Bonds Preferred Common Stock Real Estate Owned Loans to Fraternities University of Georgia Bldgs TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS AND MISC FUNDS Cash in Bank and on Hand U S Securities 19758000 Notes Receivable Students 9887112 Common Stocks Loans to Fraternities 7135801 Savings Account University of Georgia Bldgs 22186619 North Georgia Col Bldg Loan 3529183 H H Hinton Property 1311975 Savannah St Col Bldg Loan 26171 12 Due from Endowment Funds TOTAL STUDENT LOAN AND MISC FUNDS SfT IJlB m MJ H f 56708721 v A 87711 80 A 21181285 r V 1U539331 BBm 101206817 29119000 L V wk m 95179Uli 136360000 11900000 1925916 3590000 2175000 79089673 238010619 f I 68076619 1722118 V 79316711 56 BALANCE SHEET Continued PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other Than Bldgs Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS l 26792500 1000371963 17267902 288276677 77310958 13627 ISO 12 til 100 53000 1890766117 LIABILITIES I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Unearned Income Reserve for Work in Progress Reserve for Military Leaves Reserve for Insurance General Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances C AUXILIARY Reserve for Repairs and Replacements TOTAL AUXILIARY FUNDS D GENERAL EXTENSION Purchase Orders Outstanding Reserve for Unearned Income Surplus TOTAL GENERAL EXTENSION TOTAL CURRENT FUNDS II AGENCY FUNDS V f Fund Balances r m X III ENDOWMENT FUNDS r Fund Balances 8 Due to Other Funds Reserve for Purpose of Trust TW TOTAL ENDOWMENT FUNDS p A IV STUDENT LOAN FUNDS AND MISC FUNDS f Fund Balances Reserve for Purpose of Trust f 9 1 TOTAL STUDENT LOAN FUNDS AND MISC 3095858 5861181 2380766 i 31600 239970 11696316 I 21181285 821873 1062l81 12651977 56708721 87711 80 21181285 11539331 101206817 29119000 233372889 1722118 2915612 62395313 16921398 238010619 79316711 57 LIABILITIES Continued V PLANT FUNDS A UNEXPENDED Fund Balances B EXPENDED Due to Other Funds Invested in Plant TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 102255691 12601 56318 77310958 1362712012 11100530Q0 1890766117 SUMMARY OF INCOME For Year Ended June 30 1952 Student Fees Public Appropriations State of Georgia Federal Other Endowment Gifts and Grants Sales and Services Dormitories Dining Hall Cow Test Printing Shop Stores Other TOTAL INCOME NONINCOME TOTAL RECEIPTS Current Funds Educational Auxiliary Other Non Plant and General Enterprises Educational Funds Total K At 1528lt8S37 152818537 4 189371536 65181300 25555836 12301198 12301198 7096189 70961 89 1682185 120969 1803151 17366770 I879i97 19216267 8701360 8701360 28280715 28280715 39811389 39811389 4 203U73 203l73 1652121 1652121 33603799 33603799 L A 3998187 107911 1106098 393369262 106581527 2000166 65292211 567213166 1991237 5575756 7569993 A 395363 99 106581527 2000166 110867967 6181359 4 58 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 J g General Income Restricted Income Total 1 V A EDUCATIONAL AND GENERAL STUDENT FEES ni I NonResident Tuition 31397307 31397307 Matriculation 66995907 66995907 1 Nursery School 266650 266650 f I I Atlanta Area 890500 890500 Summer NonResident Tuition 6282830 6282830 A ft Summer Matriculation 11075772 11075772 2v Infirmary 601506 601506 Diploma 862219 862219 P Health 3898820 3898820 Miscellaneous 568751 568751 1 TOTAL STUDENT FEES 1121952762 890500 122813262 m I PUBLIC APPROPRIATIONS gf State of Georgia r Regular Operations 1192500000 Less Amt Payable 9680821 182819176 182819176 Vocational Funds 3537751 353775U f Dept of Health Mental Health 180821 180821 h 44 Other States Alabama For Agr Educ Relations 125000 125000 K Louisiana For Agr Educ Relations 60000 60000 Mississippi For Agr Educ Relations 50000 50000 North Carolina For Agr Educ Relations 225000 225000 Tennessee For Agr Educ Relations 60000 60000 Virginia For Agr Educ Relations 110000 110000 0 W United States Ji MorrillNelson Fund 6811102 6811102 Dept of Health For Plant Toxicology 1912200 1912200 V Navy Dept For Research 39k50 39U50 Vocational Funds 35o5llt6 3505116 1 Counties and Cities 1 Clarke County Dem School 6308989 6308989 Hall County For Surveys 127500 127500 Ik TOTAL PUBLIC APPROPRIATIONS 182819176 23116265 S2059351tll ENDOWMENT JI Alumni Library Fund 30380 30380 Alumni Y M C A Fund 11867 11867 i Bocock h Fund 1022 1022 1 Denmark B A N Fund l171tl2 117112 Franklin College Fund 867008 867008 I Franklin Mary J Fund 1178 11781 Gilmer George R Fund 18016 18016 V Landscrip Fund 1 860 50 1 86050 14 V w V Magers Edmund Fund 250 250 Peabody George Foster Fund 1126 1126 t 1 Terrell William Fund 71210 71210 TOTAL ENDOWMENT I 1682185 l82185 v g 59 STATEMENT OF CURRENT INCOME Continued General Restricted Income Income Total fr GIFTS AND GRANTS FROM PRIVATE SOURCES American Learned Society Atomic Energy Commission Atomic Energy Savannah River Braselton Hatchery Calloway Community Fund Chicopee Manufacturing Company Clarke County Milling Company Colonial Feed Company Dahlonega Feed Hatchery Emory University Fame and Fish Commission General Education Board Agr Education Relations General Education Board Art General Mills Georgia Feed Association Georgia Forestry Commission Georgia Power Company Lilly Eli Company Marbut Milling Company Milk Control Board Osmose Wood Company SearsRoebuck Foundation Southern Guano Company Tennessee Corporation Tsali Institute Various For Press Veterinary Medicine Regional Council Whitman M J TOTAL GIFTS AND GRANTS FROM PRIVATE SOURCES SALES AND SERVICES Agricultural Ed Relations Literary Quarterly Mathematics Books University Press Veterinary Clinics Veterinary Pathology TOTAL SALES AND SERVICES OTHER SOURCES Agr Ext Service Fire Loss Insurance General Experiment Stations Rents Veterans Guidance Miscellaneous TOTAL OTHER SOURCES TOTAL EDUCATIONAL GENERAL INCOME 17366770 17366770 1 755U1 I5755la 315U65 3151465 6500 6500 32631481 3263l48U 314914699 3lt9i4699 I48671 I48671 7122319 15820141 87014360 800000 1 I 800000 251716 251716 1400000 400000 25X733 251733 2032286 2032286 262U52 262152 3998187 1 1 3998187 3158921141 1414637761 360530205 vl 111 156600 156600 III 177370 177370 1000000 1000000 10000 10000 y 80000 80000 k 1 1000QP 100000 10000 10000 Bf 10000 10Q00 Vi 10000 10000 630000 630000 Jk 800000 800000 250000 250000 687500 687500 250000 250000 40000 40000 3000000 3000000 k 50000 50000 g 400000 400000 50000 50000 100000 100000 60000 60000 p 100000 100000 10000 10000 50000 50000 V1 M 100000 100000 25300 25300 9200000 9200000 10000 10000 t 1 id m I H i F V 1 60 STATEMENT OF CURRENT INCOME Continued A EDUCATIONAL AND GENERAL Continued General Restricted Income Income Total NONINCOME Accounts Receivable Tifton 220000 220000 Transfer from Restricted Funds 177it237 177U237 TOTAL NONINCOME 199U237 1991237 TOTAL EDUCATIONAL AND GENERAL RECEIPTS 317886681 11637761 362S2UUU2 B GENERAL EXTENSION STUDENT FEES Correspondence 7706662 7706662 Film Library 7U7555 7U7555 Parttime and Special Services 555355 555355 Photographic Department 516666 516666 Columbus Center U695377 U695377 Gainesville Center 3001805 3001805 Marietta Center 960055 960055 Rome Center U8U7255 1817255 Savannah Center 921261 921261 Waycross Center UU71599 UU71599 Negro Columbus Center 1551682 1551682 TOTAL STUDENT FEES r 1 30005275 PUBLIC APPROPRIATIONS State of Georgia Reg Op5000 00 Less Amt Payable 2666218 2833782 2833782 TOTAL GENERAL EXTENSION INCOME 32839057 I 32839057 C AUXILIARY ENTERPRISES DORMITORIES A A A I Barracks 19U7598 19U7598 Brown 2092350 2092350 Camp Wilkins 237l00 2371 00 Candler 866975 866975 Clarke Howell 2i01265 21 01265 Coordinate 3011811 30U18UU Law 809982 809982 Lucy Cobb 888060 888060 Mary Lyndon 1605370 1605370 Milledge 1932900 1932900 Milledge Annex 11 01550 11 01550 Myers Hall 112500 112500 Private Trailers 205158 205158 Reed Hall 1500 1500 Rutherford 1953095 1953095 Soule 1U95850 1U95850 Veterans Housing 72813U8 7281318 TOTAL DORMITORIES 28280715 28280715 STATEMENT OF CURRENT INCOME Continued General Income Restricted Income Total AUXILIARY ENTERPRISES Continued DINING HALLS Coordinate 9306167 9306167 Denmark 9217780 9217780 Lucy Cobb 3579291 3579291 Milledge Annex 5it 80513 5180513 Snelling Hall 10935260 10935260 Tea Room 1292078 1292078 TOTAL DINING HALLS 39811389 39811389 OTHER Cow Testing 203U73 203l73 Printing Department 1652121 1652121 University Stores 33603799 33603799 TOTAL OTHER 381 59393 38159393 TOTAL AUXILIARY INCOME 106581527 106581527 OTHER NONEDUCATIONAL ENDOWMENTS Advancement of Art Fund 6216 6216 W J Bryan Fund 796 796 Joe Brown Connally Fund 6850 6850 Geo A Kitzinger Fund 332UU 33211 Isaac Meinhard Fund 2250 2250 Neil ReedMemorial Fund 10000 10000 H B Russell Fund 8125 8125 Cecil Wilcox Fund 23158 23158 TOTAL ENDOWMENT 120969 120969 GIFTS AND GRANTS Amer Foun Pharmacy Ed Fellowship 133210 133210 Atlanta Womens Panhellenic Assn Kemp I8OOO 18000 James F Byrnes Foundation Grace Miller 50OOO 50000 Clark Chev Corp Constance Tant 50OOO 50000 Jennie Fowler Cole Fred Dean 205OO 20500 Delta Air Lines Scholarship 60000 6OOOO Mrs A I DuPont Saunders 50000 50000 Mrs R M Durr Schaffer Poultry 160000 160000 Forestry Scholarship 10000 10000 Gainesville Ciyitan Club Scholarship 10000 10000 Georgia Feed Assn Scholarship 100000 100000 Ruth Hagitti Scholarship 39900 39900 Kroger Grocery Co Scholarship 80000 80000 Mrs E K Mann Billy Barnes 30000 30000 Mahmood Mayahi Scholarship 18000 18000 Esther McLemore Scholarship 20000 20000 G N Neimeyer Art 10000 10000 Rosenblatt Fund Louise Virgin 30569 30569 62 General Restricted Income Income Total GIFTS AND GRANTS Continued SearsRoebuck Agriculture 405177 1405177 SearsRoebuck Home Economics 39998 39998 Seedmans Scholarship iiOOOO I4OOOO J H Smith Foun D J Spector 10000 10000 Stroupe Scholarship 16000 16000 Student Activities Orchestra 1071400 1071 00 Tithers Inc Nancy Johnson 10000 10000 Tithers Inc Mary L Potts 10000 10000 Lamar Trotti Frances Sosebee 3765b 37650 U D C Gilson Webb 20000 20000 U S D A Hannelore Muenker 179500 179500 Union Bag Co Forestry 26800 26800 Various Sources Music 5996 5996 War Orphan Scholarship Edward M Wright 20000 20000 James Ennis For Psychology 2000 2000 Michael Bros For Award 50000 50000 Student Activities For Frizes 6000 6000 U of Ga Foun For Bert Michael Award 2767 2767 TOTAL GIFTS AND GRANTS 18791497 1879497 TOTAL OTHER NONEDUCATIONAL INCOME 20001466 20001466 TOTAL CURRENT RECEIPTS 1457307265 146638227 50391451492 63 EDUCATIONAL AND GENERAL Aciministrative General Student Welfare Plant Operations Library Instruction Research Serv Rel to Instr Extension AUXILIARY Dormitories Dining Halls Gen Dorms Dining Halls Printing Shop Stores OTHER NONEDUCATIONAL Scholarships Awards PLANT Additions to Plant Indebtedness Retired Rent TOTAL EXPENDITURES NONEXPENSE TOTAL DISBURSEMENTS SUMMARY OF EXPENDITURES For Year Ended June 30 1952 Current Funds Educational Auxiliary Other Non Plant and General Enterprises Educational Funds Total 2568926U 1068U678 396656U9 23797917 206283162 18595U10 3170U68 30215272 2568926U 1068U678 396656U9 23797917 206283162 18595U10 3170U68 30215272 2231798U U0769852 78U699 5206126 31552571 2231798U U0769852 78U699 9206126 31552571 2010987 101687 2010987 101687 y w M I 5U960003 51960003 4 5062219 5062219 358101820 100631232 2112671 60022222 52p8679U8 V 32939liU5 6195596 3913501 3910U1265 106826828 211267U 60022222 560002989 X j I M I b 64 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Operating Fund Classification Salaries Supplies EDUCATIONAL AND GENERAL General Restricted Wages Expense Equipment ADMINISTRATIVE GENERAL Accounting Office 3552790 I 3026088 1 85052 11650 Alumni Office 600000 600000 Comptrollers Office 1217911 1205988 29926 12000 General Expense 6312995 8001 03 5512592 Presidents Office 3123862 2933268 190591 Public Relations 1979798 155l 86 1 25312 Registrars Office 3787077 2916621 801799 38651 Statistical Bureau 1598568 1571305 27263 Veterans Division 357ll0 311970 9970 5500 TOTAL ADM GENERAL 22590111 I 11980132 7512508 97801 STUDENT WELFARE Dean of Students 1015658 1 990658 55000 Dean of Men 2005183 1908539 819 l 12000 Dean of Women 2211516 2075988 1201 80 18078 Placement 816753 779988 63765 3000 Student Health Service l 01912 3291155 962331 118153 University Chaplain 150296 20000 163296 7000 TOTAL STUDENT WELFARE 10661678 t 20000 9209921 1293523 181231 PHYSICAL PLANT General Operations f 10959l51 615276 2003693 9197931 373103 Grounds 1197370 2777166 12901 15 U 29759 Janitors 12766683 11599531 869221 297925 Repairs 10690719 1393885 6296831 TOTAL PLANT OPERATIONS 38911223 615276 20771278 1765113U 1100787 LIBRARIES 22139365 1658552 121 31366 803579 10559972 INSTRUCTION Dean of Faculties 2071688 1995318 75ll 1225 College of Agriculture Deans Office 2822l63 21 80160 312303 Agr Economics 790336 500000 12651 81 21852 Agr Engineering 3103102 1 00000 3389831 96671 16600 Agronomy 1788061 600000 2228976 l22l65 36623 Animal Husbandry 1952519 600000 23321 52 58389 161708 Dairy 15051 21 500000 1887932 971 89 20000 Food Technology 1216199 1073013 103786 39UOO Object Classification Fund Classification Salaries Operating Supplies General Restricted Wages Expense Equipment Horticulture 1059178 1 00000 1337988 51298 69892 Landscape Architecture 1613089 1518988 82U33 11668 Plant Pathology 1135551 1065911 29797 39810 Poultry Husbandry 757lU2 1 loo 00 1131250 18522 17370 Arts and Sciences Deans Office 19532U8 1589998 363250 Archaeology Anthropology 611672 600000 7657 7015 Art 5UU60U5 100000 5303310 179l12 63323 G E B Art 728090 728091 1169998 217U98 68685 Biology 5l5l9UU 200000 16673 i 88 628112 561 ll Botany 3190060 200000 2981268 313395 95397 Chemistry 5390501 271210 1811515 672730 1771 36 Classics 837319 829992 U778 25U9 English 6060906 2lii02 6215916 39708 19681 Geography and Geology 27U5763 200000 2509588 21U132 222013 History 2739787 2717292 9995 12500 Mathematics 3821169 300000 1100503 13666 7000 Modern Languages Ul5l65U 1089372 25151 37131 Music U32787U 1121961 127913 7U997 Nursing Education 201911 199992 U919 Philosophy 939672 93212U 7518 Physics 3528351 200000 2985210 185113 557698 Political Science 2010339 200000 2181118 11806 iuu15 Psychology 2821291 2758972 51865 101 57 Religion 1 85200 182700 25OO Sociology 1718969 200000 1892028 37236 19705 Speech and Drama 176373k 1753731 10000 Business Administration 10828215 100000 10358386 1 88388 811 11 Education Demonstration School 3311610 6611867 9006610 1 88621 U9U273 General 7811211 18016 7376715 39971U 82861 Health and Physical Education 5662167 53u6336 218387 97711 Teacher Training Agriculture 1179021 2571600 3081761 6U8357 20500 Teacher Training Home Ec 69U1U3 1500025 1989937 201231 Forestry 2933929 600000 31902U3 178686 165000 Graduate 11 76809 i390l96 79853 61 60 Home Economics 71 70887 200000 6711193 632211 291150 Journalism 29U5i5i 267UU67 2U5U13 25271 Law School 5851561 5636972 166521 18068 Military 655218 552083 103135 Pharmacy 1127952 200000 3386581 573663 365705 Regents Professors U99980 1 99980 Summer Quarter 11870051 li596003 271051 Veterinary Medicine Deans Office 1116897 1273992 112905 Anatomy and Histology 1 76206 il 00000 1503336 111261 261609 Clinics and Medicine 1616367 1100000 5289010 3296633 160691 Hygiene 1378790 1100000 2082211 201219 192300 Pathology 1717210 2000000 3316UU3 279298 1211 69 Physiology and Pharmacology 900592 1000000 1691161 113282 93116 TOTAL INSTRUCTION 161363620 27721211 1 7U599393 13113732 U371736 66 Object Classification Operating Fund Classification Salaries Supplies General Restricted Waes Expense Equipment ORGANIZED RESEARCH Atomic Energy 225083 137500 56061 31522 Atomic Energy Savannah 865190 663000 170717 311 73 Bureau Business Research 139521t3 11793014 215939 Carnegie 119120 117357 192UU9 381267 22761 General 13916586 956600 12862093 981990 1029103 Eli Lilly Pharmacy 62679 15000 17679 Ordnance Fort 105500 105500 Ordnance Huff 219230 2155314 3696 Pine Nutrition 3550 3550 Plant Toxicology 101988 36000 55886 13102 Viking Fund 65859 65859 Wood Preserving Forestry 20000 20000 Tsali Institute Cherokee Indians 191 75 38950 32000 261 25 TOTAL ORGANIZED RESEARCH l5180l2l 3111986 15161930 2005519 1127961 EXTENSION Agr Education Relations 2538921 1197788 1329867 11269 Agr Short Course 1495396 195396 Ice Cream Mfg Assn 100000 100000 Landscape Architecture 1796 1796 Milk Control Short Course 68107 68107 Atlanta Area 02978 1520500 1598305 325173 Distributive Education 700820 565727 127723 7370 Field Service 2181211 19771 83 206761 General Mills 112636 81250 61386 Mental Health 51088 15833 8255 ResourceUse Education 2851496 75000 210i96 Julius Rosenwald 6138 1581 1551 Surveys 151956 55000 96956 Veterans Teacher Training 937525 571362 366163 Vocational Guidance 651666 511661 110002 Womans Club 9939 1939 5000 Archaeology and Anthropology 14781433 309136 157722 11575 Art Museum 623013 1 955 89 88571 38883 Cereal Institute 251 03 11000 111 03 Forestry 61958 61958 Forestry Surveys 986228 591666 391562 Ga Poultry Impr Assn 53308 22520 30788 Literary Quarterly 875825 1 98300 377525 University Press 37l4ld68 135300 1231318 2618120 Veterans Guidance 2197ll2 1899971 289626 7815 Wildlife Cons Fund 672920 215675 119361 337881 TOTAL EXTENSION 11066187 9012750 121083714 7555252 1 15611 TOTAL EDUCATIONAL AND GENERAL EXPENDITURES 28 192it 12172805 259568397 19938517 17885102 67 Object Classification Operating Fund Classification Salaries Supplies General Restricted Wages Expense Equipment NON EXPENSE Transfer to College Station 55738 1302297 Transfer to Plant Funds 22657500 Cash Over and Short 15690 Refund Prev Yrs Inc 77001 Transfer to Gen Funds 1771237 Transfer to Griffin 56979 TOTAL NONEXPENSE 22785907 1 3153538 TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS i 108005118 153a26313 B GENERAL EXTENSION ADMINISTRATION General 3098820 2117970 750665 230185 PLANT OPERATIONS 136150 136150 INSTRUCTION Columbus Center 3121819 2573870 350551 971 25 Gainesville Center 1691161 1272055 322808 963OI Marietta Center 2215697 1898980 171918 171769 Rome Center 2685891 2268125 266075 151691 Waycross Center 2700273 2311992 261279 127002 Negro Columbus Center 17531 21 1512992 1031 06 107026 TOTAL INSTRUCTION 11198301 11968011 11 76070 751217 SERV RELATED TO INSTR Film Library V 1971276 752216 516586 705I71 Photographic 1196192 652167 511025 TOTAL SERV RELATED 31701 68 1101383 1060611 705I 71 EXTENSION Correspondence 5626887 1879063 709321 38500 Parttime and Spec Serv 11 79118 3226918 1196171 56029 TOTAL EXTENSION 10106035 8106011 1905195 91529 TOTAL GEN EXT EXPEND 30709771 23732528 5192811 1781105 NONEXPENSE Transfer to Plant Funds 7000000 TOTAL GENERAL EXTENSION DISBURSEMENTS 37709771 68 y Vir A K Y Wwm V j I a Vv M mm Mi 4 X A i v 4 V f V pt P M jk Vj A M h fX 4 Object Classification Operating Fund Classification Salaries Supplies GeneralRestricted Wages ExpenseEquipment C AUXILIARY ENTERPRISES DORMITORIES A A A 192 192 Barracks 1238870 388100 8291 90 21280 Brown 1019303 5581 80 181823 9000 Camp Wilkins 399586 201672 191911 Candler 65593 237196 228397 Clarke Howell 2210617 171730 1737192 31725 Coordinate 25621 70 1107211 1155226 Law 1 10263 201931 238332 Lucy Cobb 961257 532776 1 281 81 Mary Lyndon 1002918 1 70175 532773 Milledge 1111053 572792 538261 Milledge Annex 2110977 27935 1817277 355 Private Trailers 137121 13712 Rutherford 1125196 1 67713 617183 10000 Soule 1087350 1 59690 621816 2811 Veterans Housing 6355539 2396636 351137 1 11766 TOTAL DORMITORIES 22317981 8618180 13105531 563970 DINING HALLS Coordinate 8581576 2112260 6172316 Denmark 10095896 2112011 7983882 Lucy Cobb 355188 9 1119251j 2iol585 1050 Milledge Annex 5971010 9l3l10 1877813 19791 Snelling Hall 10839722 272573U 8106881 7107 Tea Room 1723725 66697 1017883 8868 TOTAL DINING HALLS 10769852 V 1 y 10009616 30593390 166816 GENERAL 78699 760000 21699 TOTAL DORMS DIN HALLS 63872535 191 18126 13723623 730786 OTHER Printing Department University Stores 5206126 31552571 2619017 2521302 3172652 28327l03 35777 52516 TOTAL OTHER 36758697 5821699 30818705 88293 TOTAL AUXILIARY EXPENDITURES 100631232 25239825 7572328 819079 t lay rJf dl J NONEXPENSE Trans to Egg Test Exp 33296 Transfer to Plant Funds 6162300 TOTAL AUXILIARY DISBURSEMENTS D OTHER NONEDUCATIONAL Scholarships Awards TOTAL OTHER NONEDUC TOTAL CURRENT DIS BURSEMENTS 106826828 2010987 101687 2112671 152511750 17139017 69 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES Atlanta Area Balance Balance Beginning Income Expenditures End of Year for Year for Year Transfers of Year 890500 890500 GOVERNMENTAL Grants and Aids Other States Alabama Ag Ed Rel Louisiana Ag Ed Rel Mississippi Ag Ed Rel N C Ag Ed Rel Tennessee Ag Ed Rel Virginia Ag Ed Rel Vocational lll5202 United States MorrillNelson Fund Dept of Health For Malaria 61359 Dept of Health For Mental Health 177681 Dept of Health For Plant ToxicologyNavy Dept For Research 321656 Vocational 850116 Counties Clarke County For Dem School 265288 Hall County For Survey 207760 125000 60000 50000 225000 60000 110000 3537751 68111 02 180821 1912200 39I150 3505116 6308989 127500 125000 60000 50000 225000 60000 110000 3013218 950696 6811102 61359 51088 50918 101988 3603881 1837212 361106 918881 6611867 151956 601166 183301 TOTAL GOVERNMENT 2111515 23116265 21077133 61359 170072 ENDOWMENT Alumni Library For Books 2583 Alumni YMCA For V R A 109989 W H Bocock For Books 122 B A and T N Denmark For Maintenance 277622 Franklin College Research 519553 Mary J Franklin Maintenance 9720 George R Gilmer For Education General 30339 Journalism Deans Fund 69561 Landscrip Fund Maintenance 73 Edmund Magers General Purposes 53 Geo Foster Peabody For Law Sch8939 William Terrell For Prof Dr A W Scott 16612 TOTAL ENDOWMENT 30380 ft 32963 11867 20000 13856 1022 llill 117112 117112 277622 867008 800000 616561 11781 11781 9720 18016 18016 30339 69561 1 86050 1 86050 73 250 303 1126 10065 71210 71210 16612 1682185 1557532 1230119 70 T Balance Balance r Beginning Income Expenditures End sv of Year for Year for Year Transfers of Year 1 y f A EDUCATIONAL AND GENERAL Continued jjN pL1 GIFTS vi J4 American Learned Society For Calvin Brown 156600 156600 y1 b Atomic Energy Commission f For Research Atomic Energy Savannah 58808 177370 225083 11095 River For Research Braselton Hatchery For 1000000 860190 71071 60736 y U Poultry Fuller Callaway Community Fund 10000 10000 For Art 80000 80000 hv U Carnegie Foun For Research it 99025 17357 27031 21637 Cereal Inst For Home Ec 251 03 251 03 Chicopee Mfg Co For H 1 Univ Press 100000 100000 Clarke Co Milling Co For Poultry 10000 10000 Colonial Feed Co For T I Poultry Fuller 10000 10000 H Dahlonega Feed Hatchery For Poultry Fuller 10000 10000 7 Emory Univ For Atlanta Area 630000 630000 Game and Fish Commission A For Wildlife Cons 800000 672920 127080 p P Agricultural Educ Relations Sales 1575511 t y G E B 2210583 y 250000 1728921 1685163 622037 G E B For Art 1951 210327 239713 611 G E B For Art 1952 687500 U88378 199122 y G E B For Lib Math 1727950 1658552 69398 General Mills For Nutrition 110906 250000 112636 218270 V Ga Feed Assn For w Poultry Fuller 10000 10000 f Ga Forestry Com Survey 30iOOOOO 986228 2013772 lr r Ga Poultry Imp For Veterinary Medicine 53308 53308 4 Ga Power Company For Ag Ed Relations 50000 50000 iK A Ga Womans Club For Ed 9939 9939 Eli Lilly For Pharmacy Marbut Milling Co For h00000 62679 337321 a p Poultry Fuller 50000 50000 Milk Control Board For Dairy Short Course 100000 68107 31893 Misc Various For Landscape Ordnance Army For 1796 1796 V Research Fort 105500 105500 Ordnance Army For fi t P f Research Huff Osmose Wood Co For Wood 219230 219230 Preserving 60000 20000 10000 Balance Beginning of Year Income for Year Expenditures for Year Transfers Balance End of Year A EDUCATIONAL AND GENERAL Continued GIFTS Continued Rosenwald Fund Education SearsRoebuck Foundation For Ag Ed Relations Sou Assn Ice Cream Mfg For Dairy 1 Sou Guano Co For Poultry Fuller Sou Reg Council For Vet Medicine Tsali Inst Cher Ind Term Corp Pine Nutrition Various Press Viking Fund Geography M J Witman For Univ Press TOTAL GIFTS ft SALES AND SERVICES Math Books 6138 6138 100000 100000 00000 100000 10000 10000 9200000 9200000 100000 38950 iUi65 50000 3550 25300 25300 65859 65859 10000 10000 6100 60615 6500 6500 TOTAL EDUCATIONAL AND GENERAL 1085158 11637761 12172805 3851211 l98873 B OTfffiR NONEDUCATIONAL ENDOWMENT SCHOLARSHIPS Advancement of Art Art Scholarship Neil Reid Memorial for Landscape Arch TOTAL ENDOWMENT SCHOLARSHIPS GIFTS SCHOLARSHIPS Amer Foun Pharmacy Ed Fellowship for W D Easterly Atlanta Womans Panhellenic Assn Louise Kemp Scholarship Borden Company For Home Jas F Byrnes Foun For Grace L Miller Clark Chevrolet Corp For Constance E Tant Jennie Fowler Cole For Fred Dean Delta Air Lines For Scholarships Mrs A I DuPont For Margaret Saunders Mrs R M Durr For Poultry Schaffer 15910 1 62U6 t 13000 9156 11500 10000 30000 21500 27110 16216 13000 30656 1 133210 113210 20000 c 150000 18000 18000 30000 120000 50000 19376 621 50000 50000 20500 12963 7537 60000 60000 50000 50000 210066 160000 160000 210066 72 V IU f via A H nJ 4 il 44 w ml j A Jj r i r k If v p wm jjHB II GIFTS SCHOLARHIPS Continued Forestry For Scholarship Gainesville Civitan Club Georgia Feed Association Ruth Hagitti Scholarship Kroger Groc Co Scholarship Mrs E K Mann Billy Barnes Mahmood Mayahi Scholarship Esther McLemore Scholarship G H Neimeyer For Art Rosenblatt Fund For Louise Virg Sears Roebuck For Agr Sears Roebuck For Home Ec Seedmans For Scholarship J H Smith Foun D J SpectQr Stroupe Scholarship Student Activities Orchestra Homer Thompson Gertha Thompson Tithers Inc Nancy Johnson Tithers Inc Mary L Potts Lamar Trotti Frances Sosebee U D C For Gilson Webb U S Dept State Hannelore Muer Union Bag Company For Forestry Various Sources For Music Various Sources For Pharmacy War Orphan Scholarship For Edward Mason Wright R W Woodruff For Forestry TOTAL GIFTS FOR SCHOLARSHIPS TOTAL SCHOLARSHIPS ENDOWMENT AWARDS W J Bryan For Prizes J B Connally For Prizes Geo D Kitzinger 1H Awards Isaac Meinhard For Awards H B Russell For Prizes Cecil Wilcox For Prizes TOTAL ENDOWMENT FOR AWARDS GIFTS AWARDS James Enneis Psychology Michael iros For Award Jesse 5ayre For Award Student Activities Prizes U of Ga Foundation For Bert Michael Award TOTAL GIFTS FOR AWARDS TOTAL AWARDS TOTAL OTHER N0N2DUCATI0NAL TOTAL RESTRICTED FUNDS Mr Balance Balance Beginning Income Expenditures End of Year for Year for Year Transfers of Year 10000 10000 10000 2000 8000 10000 100000 50000 60000 39900 39900 20013 80000 79996 20017 30000 30000 18000 18000 20000 8500 11500 10000 5000 5000 n 30569 30569 10000 1 05177 108509 6668 53336 39998 86660 6671 16000 10000 39000 17000 10000 10000 16000 16000 212313 107100 36000 3137k3 13965 13965 10000 10000 10000 10000 37650 30000 7650 20000 20000 ker 179500 158309 21191 26600 26800 280000 13300 13871 5996 19867 7675 7675 20000 20000 95k12 12000 831 12 1169211 1818730 1967987 1019951 1196621 1861976 2010987 1050610 1250 796 5016 18032 6850 21882 28861 332kk 332kk 28861 3821 2250 6071 10872 8125 10000 8997 5000 23k58 28158 70836 7k723 13211 102315 2000 2000 50000 50000 20000 20000 7030 6000 1500 8530 16901 2767 19 k3 17728 U393k 60767 581 13 16258 111770 135190 101687 118573 1311391 2000166 2112671 1199183 53965k9 k6636227 kk285k79 S18 5121115898056 73 STATEMENT OF TRUST FUNDS BALANCES For Year Ended June 30 1952 Endowment Miscellaneous Funds Loan Funds Funds Balance of Principal Beginning of Year Including income not transferred 232319209 77386022 15501 11 ADDITIONS Gifts and Grants 370000 308531 Income on Investments 7571013 1915581 23661 Notes Recovered 3500 11280 Transfers from Loan Funds 121207 1 Transfers from Endowment Funds Other Transfers 219938 2028821 Miscellaneous 396 5870 TOTAL ADDITIONS 9U06951 1270086 23661 DEDUCTIONS Notes Written Off 219Ui30 Transfers to Other Schools 321611 Transfers to Univ of Ga 1779567 Transfers to Loan Funds Transfers to Endowment Funds 2028821 1212071 Other Transfers 219938 128600 Collection Costs 2000 Awards Prizes etc 27157 10000 Expenses of Trust 1211 78 1311 30705U Miscellaneous 179310 Trans of WJ Young to U of Ga 727717 TOTAL DEDUCTIONS 5M7659 3606115 307051 Balance of Principal End of Year including Income not transferred 36318501 78019663 1267018 GRAND TOTAL 315635212 STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 1952 Fund Balances Fund Balances Beginning of End of Year Additions Deductions Year ENDOWMENT FUNDS Fund for Advancement of Art 778002 62146 62I46 778002 Alumni Library 1103396 30380 30380 1103396 Alumni Y M C A 13U696U U4867 1414867 13U696l4 W H Bocock ij0728 1277 ie22 140983 Charles H Brand 119160 3239 3239 119160 Charles McDonald Brown U9293305 1793980 2000 51085285 Henry Warren Brown 2606600 65936 2672536 William J Bryan Prize 21789 796 796 214789 Bernice F Bullard 2617855 214i4l4 07 83609 2778653 Elizabeth M Bullard 5111379 153628 5298007 A F Churchill Memorial 3123952 253200 99090 3278062 Edward T Comer 35559985 10214573 87814814 357060714 Hugh Moss Comer 291000 291000 Joe Brown Connally 2U6553 6650 6850 216553 May E Talmadge D A R U7U177 37862 12862 199177 Richmond W McCurry D A R 150000 1367 U367 150000 B A and T N Denmark 3615393 11714142 11714142 3615393 William Stark Denmark 1783012 10872 182388U Eugene and Harry Dodd 156U38 U780 161218 Philip Feingold 106193 2U36 108629 Franklin College 11800000 867008 867008 11800000 Mary J Franklin U35900 121481 I2I48I4 i35900 Ebb W Gallaher Memorial 500000 12500 512500 George R Gilmer 1513000 1480146 1480146 1513000 Harold Hirsch 131262 3593 1314855 A L Hull Memorial 1151 760 11911 Interfraternity Council 100000 100000 Clyde L Jr and John King 1250000 35000 35000 1250000 George D Kitzinger Award 1179007 332I4I4 332I4I4 1179007 Joseph Rucker Lamar 2500000 972h9 97219 2500000 Landscrip 2ali40217 6146050 566050 24220217 Francis A Lipscomb 21507U 6365 221139 Emma Long 59370 1515 60885 Lumpkin Law School 28772U2 l76l7U II42OO 3039216 Joseph Henry Lumpkin 1525585 U3512 1569097 Charles F McCay 27U11710 697085 28108795 Edmund Magers General 10279 250 250 10279 Isaac Meinhard 100000 2250 2250 100000 Bert Michael 85000 2767 2767 85000 Thomas E Mitchell 13986526 14398714 l 39871 13986526 Thomas E Mitchell Univ of Ga UlU5oU6 14114583 2135145 143146084 Thomas E Mitchell Coordinate 2626511 311730 191219 27147022 Pearl Campbell Moop 2383014 6732 215036 C A and H B T Moon 239619 6656 2146275 Music Scholarship 206500 15996 5996 216500 George Foster Peabody 17500 1126 1126 U7500 PhelpsStokes Fellowship 1814517U 52291 195025 170214140 Benjamin Z Phillips Law 1351111 143089 1391200 A W Reed Memorial 1469612 13885 1 83497 75 ENDOWMENT FUNDS Continued Fund Balance Beginning of Year Additions Deductions Fund Balance End of Year H L Richmond Fellowship e 2879935 72528 2952863 Horace B Russell 191313 8125 8125 191313 Edward S Shorter 8380614 59000 897068 Hoke Smith Memorial 1 17080 6500 853580 Martin R Smith Prize 395780 11936 10712 396978 0 V Smith 6169133 75261 6211391 William Terrell 2013000 71210 71210 2013000 Berryman T Thompson 1328055 51818 11011 1338859 Lamar Trotti Scholarship 387650 7650 310000 Frances Clementine Tucker 71437896 538777 167265 75051 08 J H R Washington Science 103500 7000 110500 Cecil Willcox Prize 200000 23158 231 58 200000 Cecil Willcox Loan 250000 6126 6126 250000 W J Young 713872 5580 789852 TOTAL ENDOWMENT FUNDS 232319209 9U0695l 51 07659 2 36318501 LOAN FUNDS Lucile Alexander 69879 1698 71577 Alpha Zeta 10710 921 11661 Alumni Association 133016 7810 110856 Preston S Arkwright 176150 8383 10000 170533 R and L Arnold 21205 500 21705 Atlanta Cotton Oil Company 19891 1050 50911 Atlanta Journal 159823 3872 163695 Atlanta Stockyards 17271 250 17521 DuPree Barrett 55505 1015 56520 L H Beall 18633 162 19095 Bibb County Dawson 11811 1062 85873 John D Bolton Jr Memorial 88650 11850 100500 Charles H Brand 801 21 3239 83660 Mary Upshaw Broach 37318 871 38192 Charles McDonald Brown 3820769 63I 19 1322057 2162161 Henry Warren Brown 110812 1095 37698 71209 Bryan County Dawson 2570 776 2570 Shepherd Bryan 37825 209298 38201 Bernice F Bullard 612732 89016 5221 50 Asa 0 Candler 27580 618 28228 Charles H Candler 28808 638 29ll6 Carroll County Dawson 32050 776 32826 ChamberlinJ ohnsonDuBose 66136 11 13 67579 Charlton County FH Club 16198 376 16571 Chatham County Dawson 26511 621 167100 27165 A F Churchill Memorial 1023218 109307 965825 Citizens Southern Bank 1768508 15638 30000 1781116 Class of 1926 31600 738 32338 Obadiah Lewis Cloud 518996 12625 531621 Mrs J H Cloudman 17551 818 13091 35278 Cobb County Dawson 26707 619 27356 Columbia County Dawson 8389 68 11 57 Edward T Comer 5835635 998188 116089 6283691 Hugh Moss Comer 323500 3000 326500 289263 Elijah Clarke D A R 225553 32636 8926 D A R Memorial 1322566 121 23 11950 1323039 May E Talmadge D A R 200286 12862 17500 165618 Richmond W McCurry D A R 511 22 1367 55789 76 Fund Balance Fund Balance f Jos LOAN FUNDS Continued Beginning of Year Additions Deductions End of Year II Lila Napier Jelks D A R 66003 1500 67503 Edgar G Dawson 32311289 939886 65568 33188607 DeKalb County Dawson 78966 818 9180 706OU William Stark Denmark 111500 32000 79500 11 Eugene and Harry Dodd 10599 5iioo 5199 t Druid Hills Methodist Church 17865 ii00 18265 V n J C Dukes Home Economics 132781 3188 135969 J C Dukes Agriculture 156562 3750 160312 J C Dukes Bus Adm 132571 3186 135757 Early County Dawson 9859 318 10207 ma Elbert County Dawson 7S2ll 1651 76865 vi Eipsilon Sigma Pi 8011 126 6137 Exchange Club of Atlanta 29720 193 30213 A 4 W W Findley 331395 1025U 8000 3366U9 fkl t Lucy Hurt Fischer 190303 2973 58000 135276 Charles W Ford 90U69 1386 91855 V ft Forestry 108664 197U 110638 liH Club 213502 lli321 227823 I Freshman Y Commission 9577 9577 Fulton County Dawson 61101 liiU2 625U3 11 Georgia A and W P Railroad 60335 960 61295 Georgia Bankers Association 1511510 35358 83729 Ili93139 Georgia Power Company llli7li73 27705 59039 1116139 Girls Canning Club UU1U13 2li032 61i8ii ii 58961 Glynn County Dawson 25939 566 26507 Grady County Dawson 29913 680 30593 m Hall County Dawson 698I43 l5iiU 71387 Hancock County Dawson 56139 1318 57i57 bMsK James Coffey Harris 73768 1726 751i9li Frank Hawkins U5ii25 1068 U6193 A L Hull 22308 20500 1808 vi James H Hunt 12000139 381718 2167 12379720 Jasper County Dawson 30585 192 30777 WS Mrs Graham Johnson idi52U 081 U5605 Bess D Jones 29988 652 306 iiO Sallie Maude Jones 200000 151250 351250 yy Junior League of Atlanta 299Ul 3211 30265 Jfc J B Keough 27231 62ii 27855 A 1 Clyde L Jr and John King 82615 35000 117615 m Kirkwood P T A 38025 51U 6500 32039 Joseph Rucker Lamar 507785 972U9 60503l Rb Landscape Architecture 77382 217U 79556 F E Lanier 1331 1331 Laurens County Dawson U88ll 77ii 19585 Francis A Lipscomb 56615 U5000 11615 rjmj Arthur Lucas lij896 326 15222 I Joseph Henry Lumpkin 88726 26698 62028 Mrs P C McDuffie 15000 15000 V f McIntosh County Dawson 220371 1376 221717 lt Macon County Dawson 96760 1776 98536 3P Mr and Mrs T 0 Marshall 89265 23ii07 112672 f R H Martin 25955 57l 26529 Meriwether County Dawson 31392 500 31892 V D 77 Fund Balance Fund Balance Beginning End of LOAN FUNDS Continued of Year Additions Deductions Year Moina Michael 60818 1576 62391 Thomas E Mitchell Georgia 1001650 231273 210196 998127 Thomas Mitchell Coordinate 2099136 195172 339061 1955217 Moon 1000 1000 Muscogee County Dawson 5931a 1398 60739 R C Neely 605ll 11 38 61919 C T Nunnally 16817 250 17067 J Carroll Payne 881 08 1750 90158 Phi Delta Phi 5203 5203 Benjamin Z Phillips 81331 850 831 81 John T Pittard Memorial 31000 7500 11500 Bertha Rich 15331 271 15605 Richmond County Dawson Boys 155083 3726 158809 Richmond County Dawson Girls 119987 21 86 1221 73 E Rivers 27818 650 28198 Rockdale County Dawson 10026 626 1000 39652 James D Robinson 26701 621 27328 S D V Fraternity 16177 376 16553 Sale City Dawson 109606 21 02 112008 Savannah District Dawson 27283 638 27921 John D Simmons 22637 500 23137 Hoke Smith 58826 11 21 60250 State Home Demonstration Council 93051 9399 3787 98663 Students 183933 1935 15500 170368 Student Veterans 59952 1820 61772 Mark Sullivan 17718 218 17966 Sumter County Dawson Boys 271800 1326 276126 Sumter County Dawson Girls 179065 3736 182801 Tattnall County Dawson 11231 650 11881 Telfair County Dawson 1000 1000 Thomas County Dawson 21568 500 22068 Berryman T Thompson 681690 16210 10801 720126 Meldrim Thompson 25363 511 25877 Max B Thurmond Memorial 100000 100000 Toombs County Dawson 21500 250 21750 Frances Clementine Tucker 2628013 366116 67512 2926677 Leila Bates Tye 109781 2726 112507 U S Government 16912 1160 18102 Ware County Dawson 16772 526 20000 27293 Washington County Dawson 37366 650 38016 Louis Wellhouse Memorial 133652 9131 112786 C P Whitehead 101297 2552 106819 Whitfield County Dawson 56917 1236 58183 Cecil Willcox 16759 6126 17708 35177 Robert Woodruff 51220 521 51711 Ida Young 572118 10270 86250 196I38 TOTAL LOAN FUNDS 77336022 1270086 3606 15 78019663 MISCELLANEOUS FUNDS Georgia 1H Club Foundation 529312 6517 307051 228835 Georgia 1H Club M B Lane 1099 1099 78 MISCELLANEOUS FUNDS Continued Fund Balance Beginning of Year Additions Deductions Fund Balance End of Year Georgia 1H Club Negro Camp Georgia UK Club Rock Eagle Georgia 1H Club Univ of Ga Home 7000 1000000 10000 171 Ht 7000 10171 lit 10000 TOTAL MISCELLANEOUS FUNDS 15501411 23661 307051 1267018 TOTAL TRUST FUNDS 1311255672 13700698 9321158 315635212 SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 ENDOWMENT FUNDS Bonds U S Treasury Bonds State and Municipal Stocks Common Real Estate Atlanta Real Estate Jackson Street Loans on Real Estate Univ of Ga Bldgs Loans on Fraternity Homes Loans Clarke Howell Wings Loans Milledge Annex Wings TOTAL ENDOWMENT FUNDS STUDENT LOAN AND MISCELLANEOUS FUNDS Bonds U S Treasury Notes Receivable Students Common Stock Fraternity Loans University of Georgia Buildings Clarke Howell Wings Milledge Annex Wings North Georgia College Savannah State College H H Hinton Property Savings Account Misc TOTAL STUDENT LOAN AND MISC FUNDS Book Market Value Value 136360000 130957333 14900000 5316250 1925916 2373075 21450000 7600000 110000 2500000 2140140520 21010520 2175000 2175000 27979325 27979325 27069828 27069828 2380140619 230011331 19758000 19021381 9887112 9887112 100 7l43580U 71 35801 137191439 13719U39 31568 31568 87326U2 87326U2 3529U83 3529U83 26147112 2617112 131U975 131U975 10171114 1032371 680766149 67355187 306117268 297366518 TOTAL TRUST FUND INVESTMENTS DETAIL OF ENDOWMENT FUNDS GOVERNMENTAL BONDS For Year Ended June 30 192 STATE AND MUNICIPAL BONDS Atlanta City of Columbus City of Columbus City of Decatur City of Muscogee County of Muscogee County of Savannah City of Savannah City of Savannah City of Georgia State of Constitutional Debt TOTAL STATS AND MUN late of Interest Maturity Date Book Value Market Value bp 3p hp bp bp uh 7156 100000 109000 2153 100000 100500 9151 500000 525000 9152 700000 700000 Ui55 00000 28000 It156 200000 218000 3 121559 100000 105000 up b2 8155 100000 106750 2159 2700000 10000000 302U000 L BONDS 1U900000 53162So UNITED STATES TREASURY BONDS U S Treas Series F 253 U STreas Sris F 253 U S Treas Series F 253 U S Treas Series G 2p U S Treas Series F 253 U S Treas Series G U S Treas Series F 253 U S Treas Series F 253 U S Treas Series F 253 U S Treas Series G 2p U S Treas Series G 2 US Treas Series F 253 U S Treas Series G 22 U S Treas Series F 293 U S Treas Series G 2 U S Treas Series F 253 U S Treas Series F 293 U S Treas Series G 2f U S Treas Series F 293 U S Treas Series G 22 U S Treas Series F 293 S Treas Series G 2ps US Treas p Series G 23 U S Treas Series G 2j U S Treas Series F 293 U S Treas 24 U S Treas Series F 293 U S Treas 2z U S Treas Series G 22 U S Treas Series G 2i U S Treas Series G 2 U S Treas Series B 275 TOTAL U S TREASURY BONDS 6155 100000 88700 7155 132500 117527 10155 20000 18000 ni55 3200000 309UU00 ni55 5000 1370 1156 3915000 3785805 2156 5000 143014 Ul56 180000 15U980 6156 35000 3013ii 6156 3700000 3566800 7156 ioU5ooo 10 042 45 7156 20000 16960 12156 3382500 3250582 12156 100000 84800 1157 100000 95800 2157 3850000 3211750 5157 17500 14609 6157 120000 114960 6157 10000 8220 6157 1U25500 1361353 8157 5000 4110 8157 50000 17750 2158 50000 47600 7158 40775000 38817800 10159 7i4000 95900 9155956 4700000 4709400 12160 7U000 96000 6156259 300000 298800 6161 10000000 9560000 3161 7539000 7207284 12157267 250000 213250 Ul8075 51180000 19798110 136360000 130957333 TOTAL U S TREASURY GOVERNMENTAL BONDS 151260000 136273583 DETAIL OF ENDOWMENT FUNDS COMMON STOCKS For Year Ended June 30 1952 Book Market Value Value COMMON STOCKS American Telephone Telegraph Company 9h shares 1118820 1UU9950 Blanchard and Booth 2 share 100 Land Company of Florida 5 shares 100 Perkins Hosiery Mills 96 shares 100 General Motors Corporation 50 shares 250160 291875 Sacony Vacuum Oil Company Inc 100 shares 277U10 391250 United Steel Corporation 60 shares 279256 2R0000 TOTAL COMMON STOCKS 1925916 2373075 DETAIL OF LOAN FUNDS GOVERNMENTAL BONDS For Year Ended June 30 1952 Rate of Maturity Book Market Interest Date Value Value U S TREASURY BONDS U S Treasury Series G 2h 1115 5800000 5608600 U S Treasury Series G 2fo 1156 85000 82195 U S Treasury Series G 2 p 7156 iU55ooo 1398255 U S Treasury Series G 2 12156 917500 881718 U S Treasury Series F 253 2f 2157 h50000 375750 U S Treasury Series G 6157 io7U5oo 1026li7 U S Treasury Series G 22 7158 1595000 1518UU0 U S Treasury Series 2 9155956 600000 601200 U S Treasury Series G 3161 2li6lOOO 2352716 U S Treasury Series B 215 UI8O75 5320000 5176360 TOTAL U S TREASURY BONDS 19758000 19021381 DETAIL OF LOAN FUNDS COMMON STOCK For Year Snded June 30 1952 Book Market Value Value COMMON STOCK Pittsburg Piacer Gold Mine Co 200 shares 100 TOTAL COMMON STOCK 100 STATEMENT OF RECEIPTS AND DISBURSEMENTS TRUST FUNDS For Year Ended June 30 1952 RECEIPTS INVESTMENTS REALIZED Bonds Real Estate Note Loan Univ of Ga Bldgs Loan Clarke Howell Wings Loan Milledge Annex Wings Loan Fraternity Homes Loan H H Hinton Property Loan North Georgia College Student Loans TOTAL INVESTMENTS REALIZED INCOME FROM TRUST Interest Bonds Interest Univ of Ga Bldgs Interest Clarke Howell Wings Interest Milledge Annex Wings Interest Fraternity Homes Interest H H Hinton Property Interest North Georgia College Interest Real Estate Note Dividends on Stocks Rents Interest Student Loans Transfer from Savings Account TOTAL INCOME FROM TRUSTS FUND TRANSFERS To From NET TRANSFERS MISCELLANEOUS Gifts Recoveries Miscellaneous TOTAL MISCELLANEOUS TOTAL RECEIPTS Cash Balance July 1 1951 TOTAL RECEIPTS AND CASH BALANCE Endowment Loan Miscellaneous Funds Funds Funds Total 2680000 2680000 16372 16372 3158866 1606952 k765818 3k9508 U32 3k99kO 31729s 102358 k19653 175000 226199 U01199 51558 51558 90379 90379 kl02112 kl02112 66970kl 6179990 12877031 Ut699li9 it96373 23661 1989983 799237 k 59800 1259037 83U050 201 831251 8kl09k 281828 1122922 105750 26k913 370663 381tlt2 38kk2 108596 108596 kl6 k16 123275 123275 397272 25550 k22822 239878 239878 53027k 53027k 75710k3 1915581 553935 iooko559 96207k 2028821 2990895 2028821 96207k2990895 10667k7 10667k7 30000 30853k 338531 3500 11280 lk780 396 5870 6266 33896 32568k 359580 13235233 9k88002 553935 23277170 2077k95 8183588 2671k 6132807 11157738 17671590 5806k9 29k09977 82 DISBURSEMENTS INVESTMENTS Loan Clark Howell Wings Loan Milledge Annex Wings Loan Alpha Gamma Rho Student Loans TOTAL INVESTMENTS EXPENSES OF TRUST Salary of Trustee Repairs and Insurance Prizes Fellowships etc Collection Costs Transfers Univ of Ga Transfers Other Institutions Charge Offs Student Loans Miscellaneous TOTAL EXPENSES OF TRUSTS TOTAL DISBURSEMENTS Cash Balance June 30 1952 TOTAL DISBURSETffiNTS AND CASH BALANCE Endowment Loan Miscellaneous Funds Funds Funds Total 5570033 lil 50923 35000 lii 16666 2865U25 5605033 1150923 111 16666 2865125 9720956 1317091 11038017 90000 I 90000 31U78 31U78 27157 loooo 67157 2000 128600 130600 250731ii 2507311 321611 321611 219lU30 21911 30 179310 1311 330715 511366 3158900 2361371 330715 5853986 12879856 668li62 330715 19892033 1722118 10990128 219931 9517911 11157738 17671590 580619 291 09977 83 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements Cash Balance for Year for Year June 30 1952 URRENT FUNDS General Restricted General Auxiliary General Extension 28863119 6698816 21991836 9181212 317886681 308005118 16638227 17139017 106581527 106826828 32839057 37709771 38711982 5898056 21716535 1313195 TOTAL CURRENT FUNDS 66738313 503915192 199980767 70703068 GENCY FUNDS 25079572 98221811 91152386 29119000 LANT FUNDS 26195213 110867967 60022222 77310958 RUST FUNDS Miscellaneous 26711 553935 330715 219931 Endowment 20771 95 18292858 17937181 1722118 Loan 8183588 8270616 5161106 10990128 TOTAL TRUST FUNDS m 6132807 27117139 23732302 9517911 TOTALS i 2Ui15935 710152712 677887677 1 86710970 Cash and Cash Balances General Restricted Auxiliary Plant General Extension and Agency National Bank of Athens Cash on Hand 176572201 620825 177193026 Trust Funds National Bank of Athens 9071018 C S National Bank Atlanta U i03 36 Cash on Hand 6560 9517911 TOTAL 186710970 Agr Engineering Scholarship Alpha Gamma Rho Alpha Phi Omega Alumni Society Art Auction Art Exhibit Atlanta Constitution Bacteriology Breakage Tap Bennett Portrait Breakage General Bureau business Research Chemistry Breakage Columbus OffCampus Commemorative Plates Community Concert Commutations Demonstration School Cafeteria Employees Retirement Experimental Forestry Faculty Flowers Family Life Conference Farm Short Course Federal Housing Project Foreign Tours Forestry Camp Founders Memorial Garden G B Southern Educ Film G 0 P Social Fund G10 Sesquicentennial Georgia Power Company Georgia Power Company Rights Gift for Pharmacy Jean Grougrou John Hancock Insurance Rsv Home Economics School Lunch Home Management Industrial Arts Interfraternity Council Intramural Laundry Lectures Lectures M S A Short Course Military Deposits Model Fee Movie Project Music Parents Day Pegis Club STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 02 02 117000 5000 200560 120587 178220 15W 30528 21500 10913 25795 900 86l53li 870627 11619 900089 529373 6000 33UU9 10871 U0510 1 60129 31 76671 114039 2092918 171U6 237027 112351 316839 2528 136 171 15 25003 21892 32377 891636 115 113038 69231 23310 35000 108239 3193158 3615 710953 1101 15000 12866 7500 72000 113ll 11 3625386 90508 57607 1081750 63392 217519 130278 570392 23835 559900 335125 5805911 20313 90000 3l7l 1601590 6952235 1278 7225 97950 330000 1705602 16611 32 50U03 51177 108908 38092 5000 161810 35750 119116 119661 31537 539 21500 51628 12110 900 751610 980521 6158 51 91 389870 1039592 60 00 6103 67917 1 71976 28663 31 76671 2035688 201269 235805 18366 121092 35098 2661 281 90 13958 16002 8267 891836 115 99221 113015 16756 11581 3291331 7066 3615 30552 6801 01 1101 15000 12866 73500 6000 3267201 11 92599 90508 1065297 71060 190652 90289 761260 239110 556328 27l07 51 31232 710101 91911 181 02 31 71 77300 77300 7895183 3658612 10772 731 297215 130705 1915571 li5ll60 501 03 37016 11161 PhD Thesis Phi Epsilon Pi Physics Breakage Pi Kappa Alpha Pi Kappa Phi Portrait Account Presidents Reception Religious Activities Reserve Red and Black Sales Tax Animal Husbandry Sales Tax Creamery Sales Tax Dining Halls Sales Tax Experimental Forestry Sales Tax Horticulture Sales Tax Meat Curing Sales Tax Poultry Sales Tax Press Sales Tax Printing Sales Tax Student Union Sales Tax University Stores Shorter Fund Sigma Nu House Sigma Pi State Home Demonstration Student Activities General Student Clubs Student Faculty Teas Student Fund for Men Student Fund for Women Student Papers Student Union Study of Georgia Negro Towel Deposit Traffic Fine Typing Veterans Thesis Unallocated Student Activities Uniform Test Proc University Band Vending Machine Veterans Reader Service Vet Hygiene Breakage Vet Medicine Library Vocational Rehabilitation Amon Wein White House Conference Workshop Lunchroom SubTotal Registration Deposits Retirement Withholding Tax TOTALS Cash Balance Receipts DisbursementsCash Balance July 1 1951 for Year for Year June 30 1952 15000 20000 1 116998 163200 2U0000 111159 9178 11323 13600 329350 322833 99750 225900 239050 19720 U00 196658 570275 558631 531735 itou33 672 561 10569 188817 191637 1662 30152 32163 27 2533 2139 905 11922 15002 20961 173811 165711 63 59 579 8619 8327 287 7355 7231 150 20571 20061 26I69 550l 20 573892 19661 25000 19UU1 20829 371950 258000 59100 38206 17801 11910 30877 1U 21359 11651378 11606710 10800 281600 281500 12000 2500 72161 76800 57951 31729 75000 88607 l00032 2087500 2087500 126867 ll11182 1513768 17500 11231 92850 61223 73U72 2 61260 191925 285225 157615 171801 13331 80000 50000 150000 1U9991 13105 U 21I 69 U28185 2125U 1969 6000 12633 11960 5500 1710 3U565 31600 31600 120000 60000 180000 5975 91811 75870 192561 17 52806382 19868337 f 376500 1666501 12062168 11918601 3780151 33353261t 323651U8 35000 10198 11231U 50117 86600 19720 iOO 208302 191302 111 1719 26 51 121 825 2909U 01 901 I11 657 2997 25220 131779 21191 183U 11 66027 10900 9500 91013 21122 U00032 27281 17500 72858 115807 299381 13331 09 6389 21251 1031 12633 18720 3U565 5975 15971 82219UU62 376500 1810068 U767970 25079572 982218 Ill 91152386 291U9000 86 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions Debt Service Total BALANCE BEGINNING OF YEAR ADDITIONSt GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents OTHER INCOME Rent Lumpkin St Property TRANSFER FROM GENERAL FUNDS For Warehouse For Purchase of Lumpkin St Property For Gas Main For Steam Line Forestry For Grounds and Walks For Heating System Central For Paving Parking Lots For Baldwin Hall Equipment For Stokers For Academic Heating For Gilbert Memorial Hospital For Repairs Other TOTAL TRANSFERRED FROM GENERAL FUNDS TRANSFER FROM TRUST FUNDS For ClarkeHowell Wings For Milledge Annex Wings TOTAL TRANSFERRED FROM TRUST FUNDS TRANSFER FROM AUXILIARY ENTERPRISES For Rent Dorms and Dining Halls General For Repairs to Barracks TOTAL TRANSFERRED FROM AUXILIARY FUNDS TRANSFER FROM GENERAL EXTENSION For Renovation of Candler Hall TOTAL ADDITIONS DEDUCTIONS PLANT ADDITIONS BLDGS ADDITIONS TO BLDGS 165 Waddell Street Title Architects Fees Clarke Howell Wings Milledge Annex Wings Lumpkin Street Property Print Shop Vet Medicine Building Vet Medicine Bldg To complete Warehouse TOTAL BUILDINGS AND ADDITIONS 26195213 26U95213 65181300 65181300 8 V 107911 107911 a 2200000 5770000 11 00000 180000 5000 00 7500000 00000 750000 380000 6000 00 21 77500 a w 500000 2200000 5770000 11 00000 180000 5000 00 7500000 00000 750000 380000 6000 00 500000 21 77500 22157500 500000 22657500 1 5605033 111 50923 5605033 11150923 9755956 9755956 1600000 1562300 1562300 1600000 1600000 1562300 6162300 7000000 7000000 105805667 5062300 110867967 21550 21550 571168 57lil68 9099335 9099335 13983776 13983776 5963327 5963327 1069179 1069179 818796 818796 11381636 11381636 2200000 2200000 ii5llli767 Ii5lllt767 87 IMPROVEMENTS OTHER THAN BUILDINGS Gas Main Grounds and Walks General Grounds and Walks Presidents Home Heating System Central Steam Line Forestry Tennis Courts TOTAL IMPROVEMENTS OTHER THAN BUILDINGS EQUIPMENT Baldwin Hall Band Pharmacy Stokers TOTAL EQUIPMENT TOTAL EXPENDITURES FOR PLANT ADDITIONS DEBT SERVICE RETIRED Not Capitalized General Dorns and Dining Halls Rent Gilbert Memorial Hospital Rent TOTAL DEBT SERVICE REPAIRS Not Capitalized Other Fire Hazards State A A A Building Barracks TOTAL REPAIRS TOTAL EXPENDITURES Not Capitalized TOTAL DEDUCTIONS BALANCE END OF YEAR Funds for Plant Additions Debt Service Total A 567731 567731 372956 372956 162165 162165 297337 297337 180000 180000 711293 711293 22911 82 2291182 652701 A 652701 371771 371771 1 ol9 68 U0i968 69736 69736 1502179 A 1502179 U8908U28 U8908U28 15622 19 1562219 5000 00 500000 50622 19 5062219 95297 95297 1039361 Uo39361 663500 663500 1253U17 1253117 6051575 6051575 6051575 50622 19 11113791 51960003 50622 19 60022222 77310877 81 77310958 M V y a Jjli I hf p I nB 3 k I V i Ml 0 88 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1902 HI BUILDINGS Architects Fees Clarke Howell Addition Crawford W Long Title Lumpkin Street Property Milledge Annex Addition Print Shop Thomas W Reed Hall Veterinary Medicine Building Vet Medicine Building Comp Warehouse IMPROVEMENTS OTHER THAN BUILDINGS Gas Main Grounds and Walks General Grounds and Walks General St Grounds and Walks Presidents Heating System Paving Parking Lots Steam Line Forestry Tennis Courts EQUIPMENT Baldwin Hall Band Candler Hall New Heating System Academic Pharmacy Stokers Mil Lib etc DEBT SERVICE General Dormitories Rent Gilbert Mem Infirmary Rent REPAIRS Repairs Other Repairs State A A A Building Barracks Auxiliary Candler Hall SUBTOTAL UNEXPENDED PLANT FUNDS TOTAL PLANT FUNDS Balance Receipts Disbursements Balance July 1 1951 for Year for Year Transfers June 30 1952 3600000 ft V 571168 3025832 3l 91302 9099335 5605033 11500 21550 10050 107911 5963327 61 17500 562081 9832853 13983776 1150923 669211 1069179 399965 579033 579033 2097286 818796 1278190 11931300 11381636 33552661 2200000 2200000 567731 11 00000 832269 372956 500000 127011 e 250000 250000 168620 162165 61 55 297337 7500000 7202663 00000 1 00000 180000 180000 756712 711293 151 19 652701 750000 97299 371771 375000 226 1000000 1000000 600000 600000 107810 1 01968 2872 69736 380000 310261 1562219 1562300 81 500000 500000 95297 21 77500 2382203 20000000 1039361 15960639 663500 663500 1253117 1600000 316583 6000000 6000000 21011357 65292211 60022222 18250801 71562150 51 53856 2675018 2778808 26195213 65292211 60022222 15575756 77310958 Transferred from Unexpended Balance 2265033 89 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year LAND Franklin Campus 37 acres 13 acres 13 acres Jackson St 7 acres Prince Ave College of Agriculture 150 acres Coordinate Campus J4O acres TOTAL CAMPUS 180U 193738 1937U2 19k9 1928 i860 5550000 1950000 2500000 700000 U5ooooo U56oooo 5550000 1950000 2500000 700000 U5ooooo U56oooo 19760000 19760000 OffCampus 150 acres Denmark 870 acres 1875 acres Whitehall U62 acres Hardman 607 acres Watson TOTAL OFFCAMPUS I91U 1928 1936 1936 1933 750000 3265000 1867500 250000 9ooooo 750000 3265000 1867500 250000 900000 7032500 7032500 TOTAL LAND 26792500 26792500 This tract bought by Denmark Dining Hall and later deeded to the Trustees This acreage was composed of over 0 small parcels of land bought with assistance of George Foster Peabody by the Trustees of the Alumni Association and deeded to the University in 1928 in a single deed 90 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 i If kja wi i 4 I k Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Franklin Campus Academic 1901 18027001 18027001 Art Classroom 19l8 2135 2135 Athletic Office 1929 100000 100000 Baldwin Hall 1938 28787271 28787271 Boiler Room 198 256500 256500 Brown Dormitory 1932 15000000 15000000 Bus Adm Annex 19U8 2962205 2962205 Candler Hall 1901 10135671 10135671 Chapel 1855 1000000 1000000 Chemistry Annex 198 1836011 1836011 Clarke Howell 1937 1688800 1688800 Clarke Howell Wings 1951 192698 9099335 28363833 CommerceJ ournalism 1927 521 61612 521 61612 Costs 251625 251625 Demosthenian Hall 1821 1500000 1500000 Denmark Hall 1901 5000000 5000000 Field House A 1929 200000 200000 Field House B 1929 100000 100000 Fine Arts 1911 36520000 36520000 Garage and Shop 1912 1381138 1381138 Graduate Dormitory 1910 7060000 7060000 Greenhouse 198 1903859 1903859 Hirsch Law 1932 17552218 17552218 Infirmary Gilbert 192 25686626 25686626 Language and Letters 1938 11800000 11800000 LeConte Hall 1937 9530000 9530000 Library Peabody 1903 15969166 I5969l66 Library Annex 198 31373 1313731 Lumpkin House 1850 1182807 1182807 Lumpkin House Annex 1950 80000 80000 Lustrat House 197 1100000 1100000 Meigs Hall 1905 6000000 6000000 Memorial Hall 1923 38672152 38672152 Military Building 1931 2500000 2500000 Milledge Hall 192139 15000000 15000000 Student Union 576000 576000 Boys1 Girls Dorms 618630 571168 1222798 Milledge Annex 1910 9200000 9200000 Milledge Annex Wings 1951 22238317 13983776 36222123 Moore College 187 7836629 7836629 New College 1823 8312565 8312565 Old College 1801 10135672 10135672 Peabody Hall 1913 10108711 10108711 Phi Kappa Hall 183 1000000 1000000 Printing Shop 1951 330786 1069179 1399965 Reed House 1807 500000 500000 Residence 325 Jackson 193712 300000 300000 91 STATEMENT OF INVESTMENT IN PLANT Continued Franklin Campus Continued Residence 365 Jackson Residence 375 Jackson Residente 385 Jackson Residence 393 Jackson Residence 297 Jackson Stegeman Hall Storeroom Jackson Strahan House Terrell Hall Woodruff Hall Boys Dorms Tucker Howell Warehouse Jackson Street Lumpkin Street Property I65 Waddell Street Investment Year Beginning Acquired of YearAdditions Deductions Investment End of Year 19l2 1 50000 1 50000 193742 350000 350000 193712 300000 300000 193712 250000 250000 193712 250000 250000 1943 13800000 13800000 1938 200000 200000 1856 1280218 1280218 1901 9000000 9000000 1924 7500000 917250 7500000 917250 1951 600000 600000 1952 1952 5963327 24550 24550 5963327 TOTAL FRANKLIN CAMPUS 507588533 30711335 21550 538270318 Presidents Home 11787682 11787682 College of Agriculture A A a Building Abattoir 19l0 1918 5000000 1350000 5000000 1350000 Barracks Fain A 1942 6000000 60y 00000 Barracks Dudley B 1942 3000000 3000000 Barracks Griggs C Barrow Hall 1942 1911 30000 00 75000 00 3000000 7500000 Barrow Hall Shop 1936 800000 800000 Boiler House A 500000 500000 Boiler House B 1912 500000 500000 Boiler House f 1948 900000 900000 Cafeteria Snelling 1910 13300000 13300000 Camp Wilkins 1925 1000000 1000000 Cavalry Barn I92O 750000 750000 Cavalry Barn 1926 100000 100000 Cavalry Barn Annex 1936 60000 60000 Cavalry Office Shack I93O 50000 50000 Cavalry Blacksmith Shop 1920 0000 10000 Connor Hall 1908 20000000 20000000 Dairy Products 1940 12071600 12071600 Dawson Hall 1932 18703585 18703565 Field House 1943 51 33661 513366i Food Processing Canning 1934 300000 300000 Food Processing Meat 5219075 5219075 Forestry 1940 12200000 12200000 Four H Club 300000 300000 Garage near Poultry Bldg I9I3 20000 20000 Garage near 1195 Lumpkin 20000 20000 Greenhouse Veg Flowers 1911 530000 530000 Greenhouse Research 1918 1622701 1622701 Hardman Hall 1919 1500000 1500000 92 STATEMENT OF INVESTMENT IN PLANT Continued ri if f if Investment Investment X k Year Beginning End of amB Acquired of Year Additions Deductions Year 1 College of Agriculture Continued Hoke Smith Extension 1938 7830000 A 7830000 Home Management A 1910 1500000 1500000 Home Management B 1910 1500000 1500000 Home Management C 1910 1500000 1500000 ift Home Management D Laundry 1910 1912 1500000 3050000 1500000 3050000 m Dry Cleaning Plant 1912 U50000 i50000 Boiler Room I9I2 200000 200000 s Gas House 1912 50OOO 50OOO Repair Shop 1912 50000 50000 Lumpkin Hall 1829 1000000 1000000 Mary Lyndon Hall 1937 10210000 10210000 Nursery School 1910 3500000 3500000 va Paint Janitor Shop 1919 50000 50000 Physical Education 1929 15326276 15326276 y W Plant Pathology 1915 1500000 1500000 4 Poultry 1913 1500000 1500000 Residence 1195 Lumpkin 300000 300000 Boiler Room Rear Poultry 1913 20000 20000 Res near 1195 Lumpkin 19U5 80000 80000 ftf Res 223 Burnet Street 1929 100000 100000 I Res 225 Burnet Street 1929 100000 100000 Res 215 Burnet Street 1929 100000 100000 V Livestock Shelters i99999 U99999 ROTC Classroom 19U7 1539000 1539000 Rutherford Hall 1939 iiO5oooo 11350000 Shop Grounds 200000 200000 Soule Hall 1919 12500000 12500000 4 University Stores 1913 350000 350000 Veterinary Building 1917 l66ll00 l66ll00 m Veterinary Clinic 1 1918 1800000 1800000 Veterinary Clinic 2 1918 1201520 1201520 ft Veterinary Medicine 1918 l50l02711 122001 32 162603116 Warehouse AAA Bldg I9I4O 200000 200000 Warehouse 1 on Railroad 19U8 900000 900000 Warehouse 2 on Railroad 1918 900000 900000 Warehouse 1952 2200000 2200000 v 1 TOTAL COLLEGE OF AGRICULTURE 368721531 illlOOl32 383121963 H 1 i Coordinate Campus Barn 1927 50000 1 50000 Bradwell Hall 1896 5000000 5000000 Carnegie Library 1909 3500000 3500000 ri Club House 1909 500000 500000 Dozier School 19II 150000 150000 F Gilmer Hall i860 6500000 6500000 Jf J 1 STATEMENT OF INVESTMENT IN PLANT Continued Year Acquired Investment Beginning of Year Additions Investment End of Deductions Year Coordinate Campus Continued Infirmary 1916 500000 500000 Miller Hall 1917 8500000 8500000 Old Auditorium I898 1200000 1200000 Pound Auditorium 1917 7500000 7500000 Powell House 189U 600000 600000 Residence Foreman 1927 250000 250000 Senior Hall Rhodes I9O6 1000000 1000000 Shop Agriculture 1927 50000 50000 Smith Building 1906 l5ooooo 1500000 Training School 1902 3000000 3000000 White House 1899 100000 100000 Winnie Davis Hall 1902 1000000 1000000 TOTAL COORDINATE CAMPUS 19900000 19900000 Farms 2 Houses Potato Curing Agr 19ll I 2 Houses Potato Curing 19ll 1 House Instrument 19ll 1 House Tool House 19ll 1 House 10 x 16 1916 1 House Experiment 1 House Experiment Barn Dairy Animal Husbandry 1915 Barn Hog Animal Husbandry Barn Horse Animal Husbandry Bairn Isolation Animal Hus 1923 Barn Mule Animal Husbandry 193U Bullpens Animal Husbandry 193h Implement Shed An Husbandry 1920 Office Foremans An Hus 1927 Res A Carlton Ave An Hus Res B Carlton Ave 1915 Res Duplex An Hus 1912 Res A Near Dairy Barn 1912 Res C Near Dairy Barn 1915 Res Near Railroad 1909 Scale Shed An Husbandry 1929 1 Brooder House 16 x 18 19U0 1 Brooder House 18 x 16 19U0 1 Brooder House 16 x 16 19l0 1 Brooder House 16 x 18 190 6 Brooder Houses ll x 16 19U0 6 Brooder Houses 12 x ll 19l0 3 Brooder Houses 15 x 16 19l0 3 Brooder Houses 16 x 20 19U0 2 Brooder Houses 20 x 20 19l0 1 Brooder Inc Bldg 19U0 10000 10000 68000 68000 5000 5000 20000 20000 10000 10000 100000 100000 30000 30000 1000000 1000000 150000 150000 l 00000 1 00000 120000 120000 300000 300000 60000 60000 100000 100000 25000 25000 60000 60000 60000 60000 120000 120000 90000 90000 90000 90000 250000 250000 25000 25000 110000 110000 120000 120000 60000 60000 25000 25000 120000 120000 90000 90000 52500 52500 60000 60000 i5ooo 15000 800000 800000 94 STATEMENT OF INVESTMENT IN PLANT Continued i 1 m Kn i Year Acquired Investment Beginning of Year Additions Investment End of Deductions Year Ml 9 Farms Continued 1 Brooder House 2li x 11 1913 500000 500000 SM 1 Feed Lab Bldg 19h2 700000 700000 Grading and Packing Poultry 1912 80000 80000 i Killing and Dressing n 300000 300000 I 59 Laying Test Bldgs 12 x 11 175000 11 75000 3 Laying Houses 20 x 50 300000 300000 4 ffl 1 Laying House 20 x 50 10000 10000 6 Laying Houses ll x 2l 180000 180000 wj 1 Laying House 12 x llj 20000 20000 10 Range Houses 11x12 1 Residence Poultry 35000 300000 35000 300000 A Hardeman Mem Forest Dwelling 1936 0000 10000 Barn Forestry 1936 10000 10000 fWA Oconee Denmark BarnHort 1936 200000 200000 Cabin Forestry 1936 20000 20000 5 Dwellings Horticulture 19liU 1000000 1000000 Garage and Shed 1936 60000 60000 1 3j Log Cabin Forestry 10000 10000 p i Machine Shed Shop Hort 193839 70000 70000 1 Nursery Bldg Forestry Res B near Dairy Barn 1912 60000 90000 60000 90000 J d Office Horticulture 1935 30000 30000 til i Storage Shed Horticulture 19ll 60000 60000 Sweet Potato House Hort 19U2 150000 150000 f Vegetable Grading House 19lt3 120000 120000 k Watson Springs Barn Forestry 1933 50000 50000 Cottage Forestry 1933 50000 50000 House Forestry 1933 100000 100000 Storage House Forestry 1933 10000 10000 fl Store House 2 Forestry 1933 10000 10000 jr3 Jtj Whitehall Barn Agronomy 1936 100000 100000 Dwelling Agronomy 1936 50000 50000 4fj Field Shed A Agronomy 1936 20000 20000 Field Shed B Agronomy 1936 5000 5000 M 1 Storage House Agronomy 1936 1500 1500 Storage House Agronomy 1936 1500 1500 Tenant House A Agronomy 1936 200000 200000 Tenant House B Agronomy 1936 100000 100000 j Tenant House C Agronomy 1936 10000 10000 ri Tenant House D Agronomy 1936 30000 30000 j Tool House small n 1936 3000 3000 Tool House large n 1936 10000 10000 fr 4 Barn A Animal Husbandry 1936 30000 30000 Barn 3 Animal Husbandry 1936 50000 50000 f J STATEMENT OF INVESTMENT IN PLANT Continued C Year Acquired Whitehall Continued Barn Feed Scales 1936 1 Hog Houses 1936 5 Hog Houses 1936 2 Tenant Houses 1936 2 Tenant Houses 1936 Bam Brick Forestry 1936 Dwelling Brick Forestry 1936 House 1 Forestry 1936 House 2 Forestry 1936 House 3 Forestry 1936 House 1 Forestry 1936 Shed Forestry 1936 Bam Poultry 1936 Dwelling A Poultry 1936 Dwelling B Poultry 1936 Garage Poultry 1936 Laying House 2l x 110 1936 Laying House 20 x 130 1936 20 Range Houses 10 x 10 1936 1 Range Houses 22 x 3U 1936 Remodeled Poultry House 1936 Shop Poultry 1936 Smokehouse Poultry 1936 TOTAL FARMS TOTAL INVESTMENT IN BUILDINGS IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks Lighting System Heating System Water Systems Landscaping Presidents Home Tennis Courts Gas Mains TOTAL IMPROVEMENTS OTHER THAN BLDGS Investment Beginning of Year Additions Investment End of Deductions Year 150000 150000 200000 200000 12500 12500 200000 200000 300000 300000 60000 60000 55oooo 55oooo 60000 60000 U5000 U5ooo 50000 50000 150 oo U5ooo 30000 30000 200000 200000 1 00000 1 00000 110000 110000 2000 2000 120000 120000 120000 120000 ioooo 10000 30000 30000 120000 120000 2000 2000 1000 1000 17287000 17287000 9S52876 15111767 21550 1000371963 21020999 372956 21393955 3873012 13191767 77337 3873012 13669101 1500000 111735U 162165 1500000 1309519 1213258 711293 195551 567731 567731 119761 20 22911i82 17267902 96 TATEMENT OF INVESTMENT IN PLANT Continued EQUIPMENT Administrative Physical Plant Library Instructional Department Organized Research Extension Dormitories Dining Halls Presidents Home Printing Press Laundry Book Stores Athletic Department Store Room V R A Farm Cow Testing TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Adjustments Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year 5386278 509220 5895198 8960l08 1100787 10061195 77337983 112651 16 886031 29 116899616 6628132 123527778 11929987 1127961 16057918 8673583 5l01l0 9213723 15925300 563970 l6189270 667727 70538 166816 6811513 701588 3065361 278910 8916573 35777 89165731 3101138 278910 1575769 3768050 807050 277312 52516 376805o1 1628285 807050 277312 1662801 126179 1662801 126179 278970535 21990765 126816231 288276677 1306021201 69397011 1 2709173 1362712012 97 PART III THE UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE ATHENS GEORGIA Schedule I Schedule Nl 99 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash In Bank B RESTRICTED Cash In Bank TOTAL CURRENT FUNDS II AGENCY FUNDS Cash In Bank III PLANT FUNDS B EXPENDED Equipment FourH Club Rock Eagle 5812U5U U0l772 9215070 300U562 TOTAL ASSETS LIABILITIES I CURRENT FUNDS A GENERAL Surplus B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balances III PLANT FUNDS Invested in Plant TOTAL LIABILITIES AND SURPLUS 5812U5U UoU772 100 6217226 5803093 12219632 2U239951 6217226 5803093 12219632 2U239951 v O m STATEMENT OF l CURRENT INCOME For Year Ended June 30 1952 General Restricted i l M if Income Income Total A EDUCATIONAL AND GENERAL yc PUBLIC APPROPRIATIONS State of Georgia Regular Operations Clarke County 6897601 58102399 65000000 Jl For Non Offset United States 528000 528000 Smith Lever 1S2SZU13 15252U13 t CapperKetcham 3733ili8 37331U8 BankheadJ ones 51129331 51129331 n p BankheadFlannagan 52382269 52382269 Additional Cooperative 2613270 2613270 Research and Marketing 175002 175002 p 4 Farm Housing Forestry Dept For 61000 61000 v Norris Doxey 321000 321000 4n TOTAL PUBLIC APPROPRIA V 4 TIONS 7l 25601 183805832 191231U33 f t GIFTS AND GRANTS Cotton Producers Assn 15061 150611 Ga Crop Improvement Assn 228300 228300 Georgia Eggs Inc li 50000 15oo00 Movie Conservation 200000 200000 im Peanut Club 29200 29200 Southeastern Aromatic Tobacco Company 210000 210000 Tennessee Valley Authority 309513 3091513 V W TOTAL GIFTS AND GRANTS 618111 3711513 1362657 TOTAL CURRENT INCOME 8013715 187550315 195591090 f ji W f vj 101 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 o to A EDUCATIONAL AND GENERAL EXTENSION State Offset State NonOffset Federal SmithLever BankheadJ ones BankheadFiannagan CapperKetcham Additional Cooperative Research and Marketing Farm Housing T V A Industries T V A 195152 Movie Conservation Georgia Eggs Inc Williams Waterman TOTALS Object Classification Fund Classification General Restricted Salaries Wages Operating Supplies Expense Equipment Total H 57337399 10875232 161 62167 57337399 3733353 321000 1608219 2228981 220150 1057353 66381711 6059lU 86 5391011 393211 66381711 52383815 36317318 1603697 52383815 3733118 3733118 3733118 2613270 2613270 2613270 651073 510258 110815 651073 61000 27390 36610 61000 21111 21111 21111 2769615 2699373 70212 2769615 156909 125097 31812 156909 U96073 1 10251 55819 1 96073 992l18 i20000 3781 18 191000 992118 733353 187951608 119901558 10910617 875786 191687961 Sr 4T L Kgj ikSBai E STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 Balance Beginning Of Year Receipts For Year Disbursements For Year Balanc End Of Yr Additional Cooperative 1 0 ft 2613270 2613270 0 Bankhe adFla nnagan 1516 52382269 5233815 0 C appe rKe t Cham 0 3733116 3733118 0 Farm Housing 0 61000 61000 0 Georgia Eggs Inc 7588 1 5oo oo 196073 381 85 Movie Conservation 13U1u87 200000 156909 177578 Research Marketing U89998 175002 651073 13927 SmithLever Federal 0 66381711 66381711 0 State For Matching T V A Accounts 0 57337399 57337399 0 Receivable 551062 3067817 2769615 255830 T V A Industries 5522 26666 21111 0 WilliamsWate rman U S D A NorrisDoxey 735000 765000 992ltl8 507582 ClarkeMcNary 0 321000 321000 0 TOTALS 809035 167550315 187951608 li0772 Transfer General Funds to Match 103 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Fund Balance Beginning Of Year Receipts For Year Disbursements For Year Balance End Of Year Federal Retirement 32676a U265aaa a2ao9oa 351301 Federal Withholding Tax 7aoaa3 na8a36a 112106a5 10ial62 FourH Club Construction 6U37a28 30oa562 332866 Regional Film Corporation iaaasi 0 131710 127ai Rock Eagle UH Foundation Hfh9229 2639590 3382652 a06167 State Teachers Retirement 51722a 70189U3 695031U 585853 TOTALS 2878111 318h5769 28920787 5803093 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Cash Balance Receipts Disbursements Balance July 1 1951 For Year For Year June 30 1952 CURRENT FUNDS General Restricted 1502062 8010716 809035 187550316 1 3733353 187951608 5812USli UOU772 TOTAL CURRENT FUNDS 2311097 195591090 191687961 6217226 AGENCY FUNDS 2878111 31815769 28920787 5803093 TOTAL 5189208 227U39859 220608718 12020319 Bank Balances Citizens Southern National Bank Athens Georgia 12020319 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Acquired Investment Beginning Of Year Additions Deductions Investment End Of Year A BUILDINGS Rock Eagle hH Camp 1952 TOTAL BUILDINGS 0 3001562 0 3001562 It If 0 3001562 0 3001562 EQUIPMENT Extension 8339281 t 875786 0 9215070 lb Vi TOTAL EQUIPMENT 8339281 875786 0 9215070 J TOTAL INVESTMENT IN PLANT 8339281 38803U8 0 12219632 V n By I miQi w I y5S 9 ly vSj M 106 4 4 i vvjft 4 J AI hL fr 9 V X 9 PART IV THE UNIVERSITY OF GEORGIA ATLANTA DIVISION ATLANTA GEORGIA Schedule 0 Schedule Ul li V 1 If 9 9 V 3 Vf 107 BALANCE SHEET Jine 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank 22590197 Accounts Receivable Board of Regents 1951997 Veterans Administration 2710057 Other 26691 l68871l5 TOTAL GENERAL FUNDS 27278912 B AUXILIARY Cash in Bank Accounts Receivable Stores Inventory 11212988 1292369 3975719 TOTAL AUXILIARY FUNDS 19511576 TOTAL CURRENT FUNDS 16790518 II AGENCY FUNDS Cash in Banks Notes Receivable 2099609 630275 TOTAL AGENCY FUNDS 2729881 III PLANT FUNDS A UNEXPENDED Cash in Bank U S Government Bonds 23913673 37500000 TOTAL UNEXPENDED 61113673 B EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED 28003635 66756170 391 81697 131211502 TOTAL PLANT FUNDS 195658175 TOTAL ASSETS 215178577 108 m j 1 BALANCE SHEET June 30 1952 1 KK LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus 132868 732778 3106219 23307077 TOTAL GENERAL FUNDS 27278912 JR w x B AUXILIARY Accounts Payable Reserve for Stores Surplus 211916 3975719 1529091a TOTAL AUXILIARY FUNDS 19511576 v a TOTAL CURRENT FUNDS m II AGENCY FUNDS Fund Balances 2729881 TOTAL AGENCY FUNDS V HI 16790518 272988k III PLANT FUNDS A UNEXPENDED Purchase Orders Outstanding Contracts to be Negotiated Fund Balances TOTAL UNEXPENDED B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES 170000 60286671 957002 61113673 131211502 195658175 215178577 vgi v 109 A EDUCATIONAL AND GENERAL STUDENT FEES Nonresident Tuition Matriculation Summer Session TOTAL STUDENT FEES STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 22551900 11338960 1186097U PUBLIC APPROPRIATION State of Georgia Regular Operations Less Amount Unpaid at end of Year OTHER SOURCES Interest on Bonds Institutes Miscellaneous TOTAL OTHER SOURCES TOTAL EDUCATIONAL GENERAL INCOME NONINCOME Reimbursement for Reader Service TOTAL EDUCATIONAL AND GENERAL RECEIPTS B AUXILIARY ENTERPRISES BOOKSTORE OFFICE BUILDING RENTAL REFECTORY TOTAL AUXILIARY ENTERPRISE INCOME TOTAL CURRENT INCOME 150000 00 19551997 1 81110 578005 3067U8 7875183U I 13018003 1365893 25070 123190800 17U11631 1197817 1526037 123165730 23U 681 85 Hi V 116631215 c m 110 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 M K Object Classification 1 m A EDUCATIONAL AND GENERAL I ADMINISTRATIVE AND GENERAL Comptrollers Office Directors Office General Administrative Registrars Office TOTAL ADMINISTRATIVE GENE JHA STUDENT WELFARE Dean of Students Alumni Placement Bureau HA I TOTAL STUDENT WELFARE Total Salaries Wages Operating Supplies Expense Equipment 269221 21 15730 3338658 1358577 19111 51 2222218 160870 3397899 181262 187332 3060912 897715 523508 6180 116876 62933 RAL 12762186 7722135 1330251 709l97 13U3Hi 215981 263311 12371 30 118015 215116 60679 67939 18198 16205 S 1823612 1630591 116816 16205 r jw PHYSICAL PLANT 10710295 6758588 3618302 333lo5 LIBRARY 9582638 3012066 255991 6311581 A INSTRUCTION Administrative Dean 2205212 17681 63 388691 18055 Art 997969 907716 60009 30211 Biology 2760217 1763070 222717 771100 Business Administration 21230778 20100613 77108 356081 Chemistry 1710011 1139369 303336 297309 Education 1221138 1109220 99303 12615 English 1711100 16761 82 21389 16229 A Geography and Geology 801290 676053 3O7ll 97526 History 17171 88 1727500 6967 13021 V I Journalism 701617 669996 31621 Mathematics 3757085 3281690 7320 1 65075 Modern Languages 2651799 2600001 7795 11000 J Music 2031101 1792332 151501 87271 Nursing Education 5061336 l55Ut96 286603 223237 4 Philosophy 927519 921728 5791 Physical Education 1182856 1025123 600ll 97119 Physics 1063890 810061 201 20 2331 06 Political Science 1199861 1155000 11861 30000 Psychology 2223850 2020521 76918 126381 R 0 T C i39706 387500 52206 Sociology 1175538 1175220 318 Speech and Dama 1028308 913651 51955 29722 li m Summer School 9331187 9298936 32551 TOTAL INSTRUCTION 70197165 61505077 2710127 2981961 j TOTAL EDUCATIONAL AND GENERAL 105105896 83628760 110911 87 10385619 w in STATEMENT OF CURRENT EXPENDITURES Continued A EDUCATIONAL AND GENERAL Continued NONEXPENSE Transfer to Plant Fund TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS B AUXILIARY EXPENDITURES BOOKSTORE OFFICE BUILDING REFECTORY TOTAL AUXILIARY EXPENDITURES NONEXPENSE Transfer from Office Bldg to Plant Fund Account TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES 4 n M i I Hr H 1 Object Classification Total Salaries Wages Operating Supplies Expense Equipment f a m j 1 61800000 JB S oA 166905896 YV 419 k j 13839266 3 161 85 13U92781 w H 8125U9 lit 82757 211369 189591 601180 1293163 l6l3U572 717118 15387121 t M 0 a HH 2500000 1863U572 121210168 81376208 261 78611 10385619 fl n b ti tis IM To yj mi 5 iff il i if a 112 pM STATEMENT OF CHANGES IN CASH BALANCES v Jill For Year Ended June 30 1952 ill o u fa nj t 11 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 f f GENERAL 66305293a 123190800 166905896b 22590197 1 AUXILIARY 9U09075 23k68i85 I863i572 li2 2988 Vi 6 TOTAL CURRENT FUNDS 75711368 116659285 1855U0U68 36833185 PLANT FUNDS 6296818 665ooooob 11383115 6li13673b 14 AGENCY FUNDS 1383982 l6i7883i 15763207 2099609 TOTAL 83395168 229638ll9b 212686820 l003i6i67b JB i a includes Bonds of 37519788 S 3 h Includes Bonds Transferred to Plant Fund of 37500000 SjMfl I H I I 11 BANK BALANCES M k f Fulton National Bank Atlanta Operating Account Student Promotion Office Building Account Florence Noyes Scholarship Fund ROTC Commutation in lieu of Uniform Citizens and Southern National Bank Atlanta Bookstore Music Fund Account Refectory Trust Company of Georgia Atlanta Student Credit Union TOTAL 6503870 1062299 222510 50000 518333 52357012 9521178 U3Ulo5 501050 10U59333 30122 62861 67 m V m pi P Kv i 113 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Student Credit Union Student Promotion Music Fund Account Florence Noyes Scholarship Fund Withholding Tax Collection Group Insurance Sales Tax ROTC Commutation in Lieu of Uniform TOTAL Balance Beginning of Year Receipts for Year Disbursements for Year Balance End of Year 101891 2733998 2808767 30122 1005297 2156390 2099388 1062299 1901 86 915609 50000 96221 70 671990 9622170 1 31105 50000 83308 38530 121838 U750 173509 168759 788328 269995 518333 1X383982 161 78831 15763207 2099609 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions BALANCE BEGINNING OF YEAR 6296818 ADDITIONS Transfer from General Funds Transfer from Auxiliary Blinds Received from State Funds 61800000 2500000 2200000 TOTAL ADDITIONS 66500000 DEDUCTIONS Expended for Plant Additions Land and Buildings Administration Building Additions and Improvements 5159100 622li01i5 TOTAL DEDUCTIONS 11383115 BALANCE END OF YEAR 6ll 13673 114 SUMMARY OF INVESTMENT IN PLANT June 30 1902 VALUE OF PLANT JULY 1 1951 ADDITIONS Expended from Plant Funds 113831i5 Expended from Educational and General Funds and Included in Current Expenditures 103856 49 112475708 217687914 VALUE OF PLANT JUNE 30 1952 H 3142104502 1k STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 5 I El Year Acquired Investment Beginning of Year Additions Investment End of Year LAND Campus 198551 26920258 591037 27511295 Off Campus 198517 8 92310 li 92310 TOTAL LAND 271112598 591037 28003635 BUILDINGS Administration and Classroom 1985 510866U9 622l40U5 Ak 57310694 Gymnasium 1987 8882813 Illi21ii3 ROTC Office and Shops 1951 1400000 1400000 Armory 1951 1658738 I651i73li DeKalb Extension 1982 1 35000 li350oo Preliminary Outlay New Building 1513329 1513329 TOTAL BUILDINGS 55961062 10792108 66756170 EQUIPMENT Administrative Offices and Classrooms 5318289 755702 6073991 Auditorium Hi18250 1418250 Instructional Departments 12122916 2981961 15101877 Library 7932678 6311581 11217255 Physical Plant 995119 333lio5 1328824 Cafeteria 1311500 1311500 TOTAL EQUIPMENT 290990U8 10385619 39484097 TOTAL INVESTMENT IN PLANT 1128 75708 2176879li 131211502 115 PART V i r 41 4 d II k 1 f 4i 1y t A 4 y 4 1I 1r Hi 4il Al M 3W W jjH A V jS y f 4 KM LvM v B n9 i m y i t J 1 THE UNIVERSITY OF GEORGIA EXPERIMENT STATION GENERAL ATHENS GEORGIA Schedule V Schedule Z2 117 BALANCE SHEET June 30 192 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable TOTAL CURRENT ASSETS II PLANT FUNDS A UNEXPENDED Cash on Hand and In Bank B EXPENDED Land Buildings Improvements Other Than Bldgs Equipment TOTAL PLANT FUNDS TOTAL ASSETS LIABILITIES I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Surplus TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 4 At M Hit 2223860 28318 2252178 M it6691 9 4 6186000 8290259 1717261 111 66862 17660385 m 4 19127302 21379180 4 4f f ii l4 V jfl I 8865 2213313 2252178 1 y 0 11 66917 y h 17660385 19127302 1 i 21379180 if j H 11s H 4 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 M m 4 i v4 Jm mm General Restricted Income Income Total EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Amount Unpaid 23531000 28318 23505682 23505682 OTHER SOURCES Rent Miscellaneous 12500 81002 ip 125OO 81002 TOTAL OTHER SOURCES 96502 96502 TOTAL INCOME 23602181 2360218U kf A4 f1 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification k 1 Total Salaries and Wages Operating Supplies Expense Equipment bm SXPERIMENT STATI0N GENERAL Administration General Research 2712820 8891061 llt77996 lt363197 1231821 3061005 j 11 66862 Hi TOTAL EXPENSE 11603881 5811193 li295829 11 66862 h NONEXPENSE Transfer to Plant Funds 977U110 v mV TOTAL DISBJRSEMENTS 21378321 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 v n II CURRENT FUNDS General PLANT FUNDS H TOTALS Cash Balance July 1 1951 Receipts for Year Disbursements for Year Cash Balance June 30 1952 23602181 2137832lt 2223860 9771tliliO 8307523 lit66917 i3337662lt jf296858lt7 3690777 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions For Debt Service Total BALANCE BEGINNING OF YEAR GIFTS Burke County Gordon County Sumter County 2106000 3500000 2280000 2106000 3500000 2280000 TRANSFERS From Educational and General 977lll0 977lil4UO TOTAL INCOME 17660110 176601 10 DEDUCTIONS PLANT FUNDS Land Buildings Improvements Other Than Bldgs 6186000 8290259 1717261 6186000 8290259 1717261 TOTAL DEDUCTIONS 16193523 16193523 BALANCE END OF YEAR 11 66917 U466917 120 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of 1 SSt Acquired of Year Additions Deductions Year i a LAND Branch Stations Burke County 16875 acres 1952 ft 1706000 1706000 a Gordon County 111 3 acres 1952 2500000 2500000 Sumter County 15535 acres 1952 1980000 1980000 H i TOTAL LAND 6186000 6186000 B BUILDINGS Branch Stations Ajy Southeast Branch Station O Superintendents Home 1952 659880 659880 3 Tenant Houses 1952 1058812 4 7 Gift Sumter County 1952 100000 Additions 1952 958812 2 Barns Gift Sumter County 1952 200000 200000 Machine Shed 1952 2501 36 2501 36 Foremans Cottage 1952 Mll55 it01155 Southwest Branch Station w Superintendents Home 1952 1502500 1502500 2 Tenant Houses 1952 693669 693669 Machine Shed 1952 219760 219760 Foremans Cottage 1952 750455 7501455 Office 1952 356158 356158 mm Storage House Gift Burke Co 100000 100000 J Tenant House Gift Burke Co1952 300000 300000 Northwest Branch Station Foremans House 1 Gift Gordon County 1952 500000 500000 V Addition 1952 100000 100000 Machine Shed 1952 1722147 172217 Bara 309753 J f Gift Gordon County 1952 200000 Tj W Addition 1952 109753 9 Office Gift Gordon Co 1952 200000 200000 Addition 1952 66323 66323 Laying House 1952 273191 273191 M Tenant House 175920 Gift Gordon County 1952 100000 jJ 4 Addition 1952 75920 vlj TOTAL BUILDINGS 8290259 8290259 X1 i a y rP K i J 121 STATEMENT OF DIVESTMENT DI PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year IMPROVEMENTS OTHER THAN BUILDDIGS Branch Stations Southeast Georgia Branch Station Water System Fencing Other 1952 1952 1952 282738 U60617 2I476 1 282738 U6o617 2U76 Southwest Station Water System Fencing Other 1952 1952 1952 186308 U88791 I4I862 186308 188791 lil862 Northwest Station Water System Fencing Other 1952 1952 1952 iili6li 2 199830 10000 tli61i2 199830 10000 TOTAL IMPROVEMENTS OTHER THAN BUILDDIGS 1717261t 1717261 EQUIPMENT Branch Stations Research i lit 66862 i lli66862 TOTAL INVESTMENT IN PLANT Il7660385 7660385 122 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Balance Receipts Disbursements Balance July 1 1951 lor Year for Year Transfers June 30 1952 BUILDINGS Branch Stations Southeast Branch Southwest Branch Northwest Branch 2270283 35225i2 697I43U 3250000 979717 3700000 l77li58 7itoooo I42566 TOTAL BUILDINGS 6lu 90259 760000 119971a IMPROVEMENTS OTHER THAN BLDGS Branch Stations Southeast Branch Southwest Branch Northwest Branch 7831 716961 35U72 90li720 I 153589 8014720 87759 375000 20528 TOTAL IMPROVEMENTS OTHER THAN BUILDINGS 151726h 2084luliO 267176 TOTALS 830723 977li0 li66917 123 1 JJBK f 41 m yJ H i 1 ART VI 11 THE UNIVERSITY OF GEORGIA COLLEGE EXPE RIfflT STATICI H r ATHENS GEORGIA 4 li w r I il I m fi Schedule AA Schedule FF2 s W 4b y A SI W 3 ili 1 By H 125 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and In Bank B RESTRICTED Cash on Hand and In Banks TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Cash on Hand and In Banks B EXPENDED Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balances B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AID SURPLUS LIABILITIES 3023866 2589136 112 610 110677k 1219ll7 2I426965 36146382 836U28 5613002 6I4I49I430 10095812 12191417 2lu 26965 36146382 8361428 5613002 6Ul49l430 10095812 il H fy 4 If J 126 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Dept of Forestry Fire Hazards United States Dept of Agriculture Ag Industry Serv Bureau Nutrition Hone Economics TOTAL PUBLIC APPROPRIATIONS GIFTS AND GRANTS FROM PRIVATE SOURCES American Cyanamid Company American Potash Company Central Soya Company Chilean Nitrate Educational Fund Ferro Corporation International Mineral and Chemical Corporation Morrison Fund Tennessee Valley Corporation Tennessee Cdrporation U S Radio Active TOTAL GIFTS AND GRANTS SALES AMD SERVICES Agronomy Animal Husbandry Canning Plant Creamery Cot Testing Dairy Farm Egg Testing Farm Structures Horticulture Farm Horticulture Livestock Farm Meats Laboratory Poultry Plant TOTAL SALES AND SERVICES TOTAL EDUCATIONAL AND GENERAL INCOME NONINCOME Transfer from University Auxiliary Funds Transfer from General University General Restricted Income Income Total 20116000 20116000 219333 210333 1100000 1100000 200000200000 20116000 1519333 321635333 60000 y 60000 120000 120000 100000 100000 1200000 1200000 U0000 koooo 2Ii0000 2Uoooo 200000 200000 90939 90939 30000 30000 150000 150000 2230939 0 2230939 U12U50 U12U50 1118035 665691 12191879 17381 31 3673210 1260131 305670 960506 103U89 521823 9752913 2013228 1113035 665691 12191879 1738U8l 3673210 1260131 305670 968506 103U89 521823 9752913 2013223 33U7255U0 33u7255uo 5U8ia5hO 33750272 0S8591812 33296 33296 55738 55738 51i93057U 33750272 536808l46 TOTAL EDUCATIONAL AI GENERAL RECEIPTS STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Fund Classification Salaries and Operating Suoplies eneral Restricted Wages Expense Equipment COLLEGE EXPERIMENT STATION Administration Directors Office 711180 619992 61188 Research Agricultural Economics 11168 i IP 377175 33993 Agricultural Engineering 305201 259992 33529 11680 Farm Structures 900268 lt71tltl5 36233lt 63519 Rural Electrification 690121 582210 16590 61291 Soil and Water 867029 608892 221089 37018 Ag Ind and Services 1317298 1317299 2201706 3U3932 85959 Agronomy 2633838 2035332 509530 88976 Animal Husbandry 2211337 955675 11651 65 90197 Beef Projects 212101 1101 39 287257 50286 150OO Dairy 1017833 852771 105920 59139 Food Technology U59U16 380078 79338 Forestry 202575 202575 Horticulture 833691 662391 161383 99lit Landscape Architecture 203561 163300 2026I1 Plant Pathology 15lt98ljl 1257539 83652 208650 Poultry U I35O6 2861 21 38071 89011 Soil Testing 2081215 1399575 225506 1 59131 Morrison Fund 100717 100718 153729 101 06 7300 Copper 3060 2725 335 Central Soya 62979 62979 Iron 22988 2988 20000 Mineral Research 1311451 115607 1199lt 3850 Minor Elements 8938 1350 7588 Borden Fund 30265 20000 10265 Potash 11723 13525 1198 Sodium 1 51781 357905 93876 Cyanamid 15810 25250 19160 11 00 Coming Dairy Research 16095 16095 Fruit Research 28965 23150 1120 1395 Radioactive 3271 3100 171 Anonymous Dairy 11327 II327 Boron 16162 6900 9262 Forestry Fire Research 219333 160000 59333 TOTAL RESEARCH I6I113722 1 1 2625601 13921003 3801860 1313lt63 128 STATEMENT OF CURRENT EXPENDITURES Continued v y i 1 f 1 1 Object Classification Fund Classification General Restricted Salaries and Wages Operating Supplies Expense Equipment Services Related to Research Canning Plant 1072709 510813 531896 id 4 Cow Testing 1615038 1176066 126912 12030 Creamery 12017269 2118317 9133619 U65333 Dairy Farm 1180I477 19I8800 2106082 125595 Egg Testing 1305876 81753 802823 21300 Greenhouse 691070 299113 339927 55000 Horticulture Farm 1302263 718250 258570 3253 Livestock Farm 1622985 716022 696623 210310 Meats Laboratory 9363190 631791 8728399 Poultry Plant 3382378 689713 2632033 60632 TOTAL SERVICES TOTAL EXPENDED 36586255 9653668 25656911 1275673 53711157 2625601 21 221663 29522962 2589136 rl I rM IH f J w ia 4ji pi 4 H9 ll 129 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 GOVERNMENTAL United States Department of Agriculture For Agricultural Engineering For Home Economics Beef State of Georgia Department of Forestry For Fire Hazards TOTAL GGVEPJDENTAL GIFTS American Cyananid Co For Cyanamid American Potash Company For Potash Anonymous For Dairy Research Ball Brothers For Food Testing Borden Company For Dairy Central Soya Co For Dairy Chilean Nitrate Co For Sodium Corning Glass Works For Dairy Ferro Corp For Fruit Forbes Co For Dairy Anonymous International Mineral Chem Corp Hort International Mineral 2c Chen Corp Iron Morrison Fund For Dairy Pacific Coast Borax Co For Boron Tennessee Corp For Copper Tennessee Corp For Minor Elements T V A For Meat Research T V A For Meat Spoilage Texas Gulf Sulphur Co For Sulphur U 3 Radio Active For Experiment TOTilL GIFTS GRAND TOTAL Balance Disburse Balance Beginning Income ments End of Year for Year for Year of Year h2iUU 1100000 1317299 325isit3 71616 200000 14U0Lu39 131177 219333 219333 29U72 1519333 1677071 128266 81252 6OOOO 145310 S 95U2 2Uo596 120000 lLtf23 315873 22170 6327 158U3 57695 57695 30265 30265 675I46 100000 62979 ioU567 52239 1200000 U 51781 8OOi58 60000 16095 143905 I4OOOO 28965 11035 5ooo 5000 2573 lj2 210000 i3iU5i 365891 139065 22988 116077 200000 100718 99282 l757U3 16162 159536 28927 30000 3060 55367 i8ia55 8938 175217 90939 90939 1250 1250 35933 35933 lj2l471 150000 3271 189200 11272825 1 2230939 S 9U8533 52555231 1302297 3750272 2625601 21426965 130 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Restricted 1302297 5i93057U 37S0272 53711157 26256oli 1219lil7 2lt26965 TOTAL CURRENT FUNDS 1302297 86303W 5636761 36U6382 PLANT FUNDS 4 5100000 1i263572 8361i28 TOTAL 1302297 6378o816 60600333 10t 82810 BANK BALANCES National Ban of Athens Liili82810 STATEMENT For Ye OF UNEXPENDED PLANT iUNDS ar Ended June 30 1952 Funds for Plant Additions Funds for Debt Service Total BALANCE BEGINNING OF YEAR n ft V ADDITIONS GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents Milk Control Board 1600000 3500000 1600000 3500000 TOTAL ADDITIONS 5100000 5100000 DEDUCTIONS PLANT ADDITIONS Dairy Laboratory Retairs Various Not Capitalized 3023866 12397 06 3023866 1239706 TOTAL DEDUCTIONS 11263572 1263572 BALANCE END OF YEAR 836Ii28 836U28 131 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Balance Eeceipts Disbursements Balance July lt 1951 for Year for Year June 30 1952 BUILDINGS Dairy Building REPAIRS TOTAL COLLEGE PLANT FUNDS 13500000 3023866 1 76131 1600000 1239706 36029U 5100000 1263572 836128 STATEMENT OF DIVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Dairy Bara Lab 1952 3023866 3023866 EQUIPMENT Research 1313l63 0l313li63 Services Related 1275673 1275673 TOTAL EQUIPMENT 2589136 02589136 TOTAL 05613002 5613002 132 PART VII THE UNIVERSITY OF GEORGIA GEORGIA EXPERBISNT STATION EXPERIMENT GEORGIA Schedule GG Schedule MM2 Jig 133 BALANCE SHEET June 30 1952 ASSETS 1 CURRENT FUNDS A GENERAL Cash on Hand and In Banks B RESTRICTED Cash in Banks Due from T V A Due from Quartermaster Depot TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III KANT FUNDS A UNEXPENDED Cash in Banks B INVESTED IN PLANT Land and Improvements Buildings Equipment TOTAL DIVESTED IN PLANT TOTAL PLANT FUNDS 1797U25 f13937BlpL 1814309 663686 1U835836 16633261 h50000 6790219 235U67Uo Uo591965 i479U0200 112078905 11886912U 135952385 TOTAL ASSETS BALANCE SHEET June 30 1932 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balances 863782 36813 876830 17 97k23 1U833836 16633261 U30000 III PLANT FUNDS A UNEXPENDED Fund Balances B INVESTED IN PLANT Net Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 6790219 112078903 11886912k 133932383 135 STATEMENT OF CURRENT INCOME For Tear Ended June 30 1952 PUBLIC APPROPRIATIONS State of Georgia General Restricted Income Income Total Regular Operations United States 19615000 2000000 21615000 Hatch 1500000 1500000 Adams 1500000 1500000 Purnell 6000000 6000000 BankheadJones 98 i0295 9810295 Research and Marketing 11952811 11952811 Regional Research 1070000 1070000 Title II 1610000 1610000 TOTAL PUBLIC APPROPRIATIONS 19615000 38173109 58118109 GIFTS AND GRANTS Anonymous Contribution 52712 52712 Columbia Southern Chemical Company 50000 50000 Chemagro Corporation Pittsburg Ag 75000 75000 Julius Hyman Company 75000 75ooo International Mineral and Chemical Co 250000 250000 National Confectioners Association 100000 100000 Production Marketing Association 250000 250000 Tennessee Valley Authority 205h519 2051519 Quartermaster Depot 919311 919311 United States Dent of Agriculture 25000 25000 United States Public Health Service 290000 290000 Velsicol Corporation 100000 100000 TOTAL GIFTS AND GRANTS U27l5h5 1271515 SALES AND SERVICES Bulletins 213 5o 21350 Dairy Products 12131189 1213l89 Farm Products 2827551 2827551 Food Processing 159822 159822 Forestry Products lol78 I0I78 Eatonton Timber Sales 9277062 9277062 Penalty 75ooo 75000 Horticulture h858h5 1 35815 livestock 2561776 2561776 Meat 22119 22119 Miscellaneous 212l35 212h35 Rabbits 3k6o 3l6o Seed Revolving 976250 976250 Wool 18631 18631 TOTAL SALES AND SERVICES 7611959 10253312 17898271 if J A jf I m M 3 I H 4 if 136 STATEMENT OF CURRENT INCOME Continued General Restricted Income Income Total OTHER SOURCES Southern Piedmont Rents from Property A A A Parity TOTAL FROM OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL INCOME NONINCOME Transfer from University of Georgia S 12000 0 12000 1017663 1017663 6723167281 1126911 11269 11 0281 16903 52997966 31111869 0 56979 0 56979 028116903 033051915 0811 71818 TOTAL EDUCATIONAL AND GENERAL RECEIPTS STATEMENT OF CURRENT EXPENDITURES For Tear Ended June 30 1952 Object Classification Salaries Operating Fund Classification and Supplies General Restricted Wages Expense Equipment ADMINISTRATIVE AND GENERAL Comptrollers Office 355oo 191000 59500 4 V Directors Office 691612 U25100 1020000 967I2 General 1971681 337895 78916 1321281 200382 TOTAL ADMINISTRATIVE GENERAL 3018796 956995 235Wl6 ll20993 200382 PHYSICAL PLANT 3 37li757U 962972 2725782 58820 LIBRARY 2931 10 366685 376101 77910 206081 ORGANIZED RESEARCH Agricultural Economics 711767 8010261 5152600 3253078 319350 Agronomy 3315799 6217017 7535103 li17835 579878 Animal Industry 3177516 5128627 551097 2601927 163212 S3 An Ind Regional 300000 300000 Botany 225935 23881i91 1369979 221866 53000 Chemistry 612387 2026252 2261752 103387 Eatonton Project 2271278 3U05032 I9l9ll5 2800197 929698 Entomology 116290 1551866 1520011 230062 218080 Food Processing U03899 1911995 1161189 821330 336375 Georgia Mountain Station 3125123 3020917 11 82270 1339731 321069 Georgia Crop Inmrovement 500000 1 69616 30381 Home Economics 7503 20153 2256967 313139 161871 Regional Housing Project S8 1326lll6 561065 589087 172991 Title II Poultry Project 318389 297 65 2092I Horticulture 21i69532 3220908 1714165 72766 203509 Primary Station 70U01 1500000 120783 253991 111627 Seed Revolving 1915296 1915296 Trust Fund SM7 95908 95908 Trust Fund S15 95871t 95871 Agricultural Engineering 861111 810003 I 11 10000 TOTAL RESEARCH 20119789 18611987 17623360 17221723 3916693 TOTAL EDUC AND GEN EXP 27209569 19938667 51316819 211l9l08 1381979 NONEXPENSE Transfer to Plant Fund 131910 27311509 19938667 TOTAL STATEMENT OF OPERATION OF RESTRICTED FUNDS For Tear Ended thine 30 1952 Balance Balance Beginning Receipts Di sbur sement s End of of Tear for Tear for Tear Tear American Potash Company 70195 7G195 Anoifymous Contribution 3257 52712 19709 35578 Columbia Southern Chemical Comnany 50000 50000 Chemagro Corp Pittsburg Ag 75ooo 75ooo CrgiaCannarB Association 56U5U 13255 lt3199 G F A Peanut Association 3872U5 38721i5 Georgia Power Company 1i395U U395U Julius Hyman Company i25o5o 75ooo 66692 133358 International Min Chenu Co 329U90 250000 566132 13058 Eatonton Timber Sales 5605929 9277062 23lt6597 1253639U Eatonton livestock Sales 1058135 10581i35 National Confectioners Association 35507 100000 135507 Phosphate Research Committee 1371 1371 Production Marketing Association 5138 250000 206378 187 60 Seed Revolving Fund 1028330 976250 1915296 8928U Refrigeration Research Foundation 106969 106969 Tennessee Valley Authority 590839 2051519 1617989 181i30 Quartermaster Depot 9193 ll 1613000 63686 United States Dept of Agriculture 25000 25000 United States Public Health Service 290000 U0000 250000 University of Georgia 15793 56979 72772 Velsicol Corporation 100000 36585 63U1S Hatch 1500000 1500000 Adams 1500000 1500000 Purnell 6000000 6000000 Bankhe adJone s 9810295 9810295 Research and Marketing 1053336 11952811 13006150 Regional Research Fund 90932i 1070000 1717361 261960 Title H Fund 505818 1610000 1618608 It 97210 State Fund to Match Title H 9118 1610000 120li28U It 97205 State Fund to Match S8 390000 1U8585 2Uiiti5 T0TAI5 10871563 S53051i9lt5 19938667 S139878lll 139 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance Disburse Balance Beginning Receipts ments End of Year for Year for Year of Year Escrow Funds 150000 300000 1450000 Withholding Tax U2l4l588 1211588 Retirement Fund 1599111 1599111 Group Insurance 225000 225000 Employees Bond Account 1493271 193271 TOTAL AGENCY FUNDS 150000 6859000 6559000 1450000 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Restricted 722031 10871563 28116903 53051915 27311509 19938667 1797125 13987811 TOTAL CURRENT FUNDS 11593591 8114718148 77280176 15785266 PLANT FUNDS 600000 11701710 85114521 6790219 AGENCY FUNDS 150000 6859000 6559000 1450000 TOTAL 12313591 1 03035588 92353697 230251485 BANK BALANCES Petty Cash 30000 State Bank Griffin Georgia Educ and General Account 1256375 Commercial Bank and Trust Co Griffin Georgia 86631432 Commercial Bank and Trust Co Griffin Georgia Agency Funds 125363914Commercial Bank and Trust Co Griffin Georgia Seed Revolving 8928I4 Commercial Bank and Trust Co Griffin Georgia Escrow Account 150000 Citizens Southern National Bank Macon Georgia Escrow Account 300000 TOTAL 230251485 140 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds For Funds for Plant Debt Additions Service Total BALANCE BEGINNING OF YEAR 600000 600000 ADDITIONS Government Appropriation State Transfer from General Funds 11572800 131910 11572800 131910 TOTAL ADDITIONS 11701710 17070 DEDUCTIONS Expended for Plant Additions Bldgs and Additions to Bldgs Repairs to Existing Bldgs Bldg Materials for Machinery Shed at Mountain Station 6860503 1535011 119001 6860503 1535011 119001 TOTAL DEDUCTIONS 851521 8511521 BALANCE END OF YEAR 6790219 6790219 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 l00909l06 ADDITIONS Expended from Plant Funds Expended from Educational and General and included in Current Expenditures Adjustment for Prior Years 8511521 1381979 1617570 TOTAL ADDITIONS VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS DEDUCTIONS Property Worn Out or Otherwise Disposed Of 1952 11511070 1151 531 76 3371571 112078905 VALUE OF PLANT JUNE 30 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year A LAND Georgia Experiment Station 123 acres 33556 acres 2U0 acres 2516 acres 9 acres 611 acres 90 acres Georgia Mountain Station 200 acres 177 acres 1889 1937 191a 1912 1913 19l5 1907 1932 1918 I 22311210 550000 682500 223112 10 550000 682500 TOTAL LAND 23516710 235U67UO BUILDINGS Flynt I929 6000000 879999 6879999 Auditorium 190000 190000 Soils Laboratory 300000 300000 Nutrition Laboratory 19U0 800000 208315 1008315 Old Horticulture Building 300000 300000 New Horticulture Building 1918 5000000 99755 5099755 Dairy Building 1910 800000 800000 Cow Testing Building 100000 100000 Cattle Sleeping Barn 50000 50000 Cattle Sleeping Barn 500000 500000 Swine Barn 200000 200000 Potato Storage House 70000 70000 Slaughter House 10000 10000 Utility Barn 200000 200000 Agronomy Greenhouse 150000 150000 Chem and Hort Greenhouse 200000 200000 Botany Greenhouse 500000 500000 Mud Building 130000 130000 General Storage Building 200000 200000 Mule Barn 300000 300000 Fertiliser and Seed 3arn 1911 350000 350000 Machinerv Shed and Mule Barn 1950 250000 250000 Drying House 150000 150000 Sanford Barn 600000 600000 New Gin House 1916 600000 600000 Food Processing Laboratory 1918 2500000 1337091 6837091 Residences and Tenants 7000000 316915 600000 6716915 Weighing Office and Shed 60000 60000 Barn 100000 100000 Implements Shed 60000 60000 Peach Packing and Imp Shed 1919 700000 700000 Barn 100000 100000 142 j STATEMENT OF INVESTMENT IN PLANT Continued M Investment Investment I Year Beginning End of 1 In Acquired of Year Additions Deductions Year BUILDINGS Continued Agricultural Implement Shed 1919 150000 150000 1N f Forage Crop and Grain Dryer 1919 100000 100000 Sheep Shed 80000 80000 Cattle Feeding Sheds 160000 160000 Mule Feeding Shed 10000 10000 Pump House 20000 20000 Trailers Housing 550000 550000 New Greenhouse 1950 n6191a 116191a Insectory 1950 80000 80000 New Administration Building Mountain Station 600000 600000 j Utility Office 71000 71000 Community Cannery 72500 72500 L Shop and Fertilizer House 20000 20000 Office 100000 100000 Livestock Bam 62500 62500 Two Residences 300000 300000 V Cow Barn 2500 2500 Forest Tool House 2000 2000 Storage Cellar 20000 20000 Exhibit Sheds 13000 13000 r Pottery lUooo 11000 DairyBuilding 19U8 1 50000 1 50000 Three Residences 1918 160000 160000 Garage 1918 5000 5000 Calf Barn 1918 10000 10000 Dairy Barn 19U9 325000 325000 Sheep Shed 1919 75000 75000 i Livestock Barn and Mach 1919 100000 100000 Materials for New Mach Shed 119001 119001 1 New Administration Building 19231 12 1923l12 1 J ml TOTAL BUILDINGS 32677111 8511521 600000 10591965 1 1 EQUIPMENT Trailer Camp Administrative Agricultural Economics Agronomy Animal Industry Botany Chemistry Eatonton Area Project 109530 603871 1183607 7096959 10il6969 1755000 3538135 7877390 5000 1 31708 319350 1213158 1 63212 60950 it 76651 929698 91 50 362119 1733738 111530 1038579 lit93507 8310117 10518062 1815950 1011786 7073350 I m 143 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year EQUIPMENT Continued 1 1072657 Entomology 719870 352787 Food Processing 2383225 336375 126325 2593275 Georgia Mountain Station 2k 01725 32U069 20k68k 252kl10 Home Economics 1766570 16U871 96751 I83k687 Horticulture 2536975 219310 2756285 Library 1835125 20608k l3k88k 1906325 Primary Station Carpenters Shop Regional S8 Project U27271 111627 208675 17299k 106587 k 32311 208675 l 7299k TOTAL EQUIPMENT kk685222 60295k9 2771571 t 17910200 TOTAL INVESTMENT IN PLANT 100909k06 lk5kk070 337US71 112078905 144 PART VIII THE UNIVERSITY OF GEORGIA COASTAL PLAIN EXPERIMENT STATION TIFTON GEORGIA Schedule NN Schedule SS1 BALANCE SHEET June 30 1902 ASSETS CURRENT FUNDS A GENERAL Cash in Bank Due from State on Appropriation TOTAL GENERAL FUNDS B RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 1220525 650083 1870608 1610963 16U0963 3011571 1923U3 181670UO U20U7U87 29000601 90070678 90263021 93771092 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Contracts Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 52UU8 659992 17U86 1110682 1870608 1610963 4 3511571 192313 90070678 90263021 937714592 147 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 PUBLIC APPROPRIATIONS State of Georgia Regular Operations 26005000 Less Amount Unpaid 650083 GIFTS AND GRANTS FROM PRIVATE SOURCES Hill Blackett Chemagro Corporation Georgia Highway Department International Min Chem Corp Pennsylvania Refining Company Georgia Department of Agriculture Stone Mountain Grit Company Tennessee Corporation U S Golf Assn Fund National Cottonseed Assn TOTAL GIFTS AND GRANTS SALES AND SERVICES Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Farm Forage Crops and Pastures Grass Breeding Horticulture Range Grazing Soils Tidewater Station Tobacco TOTAL SALES AND SERVICES OTHER SOURCES A A A Rents from Property Timber TOTAL OTHER SOURCES TOTAL CURRENT INCOME General Restricted Income Income Total j 4 I 25351917 25351917 i i r m 100000 100000 l 30000 30000 A 500000 500000 1 150000 150000 1 i m 50000 50000 p k 1000000 1000000 100000 100000 30000 30000 1 679837 679837 180000 180000 2819837 2819837 11 l 590oi 59001 219060 219060 8026711 8026711 1 i m U13965 113965 1510613 1510613 II 1812605 1812605 w 37030 37030 3U737 31737 610369 61136 9 59635 59635 15991 15991 v 1 20010 20010 A m 666723 666723 7 13607U89 13607189 r 1 13631 U3631 235550 235550 A 1 k llooo 11000 I 323181 323181 39285587 2819837 121051 21 I kit m K 1 S 1 1 f 9 i 148 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 ADMINISTRATIVE AND GENERAL Directors Office General TOTAL ADM AND GENERAL PHYSICAL PLANT Plant Operation LIBRARY r I 1 m vQ i ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage and Pastures Grass Breeding Highway Turf Horticulture Nematology Plant Pathology t Range Grazing Seed Certification Shade Tobacco Soils fj 1 4 it 5 k 9 Tobacco i Turf t TOTAL ORGANIZED RESEARCH V1 TOTAL CURRENT EXPENDITURES 1 iI NONEXPENSE i Transfer to Plant Funds 1 c t TOTAL CURRENT DISBURSEMENTS r y l r I V r f Object Classification Salaries Operating Fund Classification and Supplies General Restricted Wages Expense Equipment lit21920 1361195 63725 lit 50371 180102 1155517 10752 1 2875291 1511297 1219212 111752 2110991 1013365 852951 215672 508736 316020 156351 1 36362 1001039 796996 167136 UO6O7 ait 51072 2095161 325611 30000 81t273U 180000 3090235 3971827 1501672 1718997 1000000 201 8068 505106 125783 UU89U3 U09992 16780 20167 1993381t 916813 1058809 17722 510872 066897 51975 20000 1193800 787522 l06318 10U067lt 856118 161256 20000 991151 821211 110671 32263 313561t 270198 11873 281 93 lt5778U7 3860880 673318 13619 122727 120257 2070 651000 21068 609588 61580 1000 1073259 505192 528067 ii9lU 77 It12675 18802 2685621 1810706 787518 50l00 17651t03 1109530 238050 U17823 1161666 880257 280U09 591167 532939 58595 2633 323 06109 2111899 22512838 9553258 2392212 378721i27 2111899 25U13520 11781808 2788998 1000000 38872127 2111899 i 149 STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1952 9 Hill Blackett Chemagro Corporation Georgia Highway Department International Min and Chem Corp National Cottonseed Association Pennsylvania Refining Company Georgia Department of Agriculture Stone Mountain Grit Company Tennessee Corporation U S Golf Assn Fund TOTAL Balance Beginning of Year ReceiptsDisbursementa for Year for Year Balance i End of Year 1 n Kt 100000 100000 30000 30000 1 V 500000 313561 186136 150000 150000 igjH 180000 l 80000 50000 50000 1000000 1000000 Bh 100000 100000 i jjgih 30000 2U168 5832 ip 933025 679837 59Ul67 1018695 933025 12619837 2111899 1610963 1 1 Included in Educational General Expenditures Included in Educational General Income STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS PLANT FUNDS TOTAL Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 807365 39285587 38872127 1220525 933025 2819837 2111899 16U0963 1710390 121 051 21 10981326 286lk88 11 Oil 38 2900000 3309095 1923U3 2811828 i5oo512l 11793k 21 3053831 m BANK BALANCE Bank of Tifton Tifton Georgia Educational and General Account 53831 150 4 STATEMENT OF UNEXPENDED PLANT FUNDS For Year nded June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Governmental Appropriations State Transfer from Current Funds Gift Georgia Highway Department TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Animal Disease Laboratory Architects Fee Animal Disease Laboratory Repairs and Equipment Architects Fee Greenhouse Addition Funds For Plant Additions 1101U38 1500000 1000000 100000 2900000 118986 193257 2397317 315912 723593 TOTAL DEDUCTIONS BALANCE END OF YEAR 3809095 192313 A STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year LAND 20622 acres Original Tract 1919 2062200 2062200 6297 acres Tift 1 Tract 1925 629700 629700 6060 acres Tift 2 Tract 1932 616000 616000 10950 acres Henry Tift Tract 1935 1095000 1095000 5677 acres Mitchell Tract 1935 567700 567700 21170 acres Choate Tract 1936 1073500 1073500 16500 acres College Tract 1937 1650000 1650000 55290 acres Carson Tract 1937 3639500 3639500 225 acres Tifton Realty Tr 1937 22500 22500 100 acre Fulwood Tract 1937 30000 30000 6700 acres Cook County Tract 1938 267500 267500 2813 acres Grimes Tract 1910 562600 562600 162 acres Saunders Tract 1910 160000 160000 12808 acres Decatur Co Tract 1939 1062650 1062650 118010 acres Alapaha Tract 19U 1180100 1180100 1700 acres Alapaha Tract 1911 117500 117500 5350 acres Alapaha Tract 1911 56775 56775 122330 acres Alapaha Tract 1911 1281165 1281165 51100 acres Carpenter Tract 1911 1789550 1789550 5000 acres Cumby Tract 1950 300000 300000 527592 acres TOTAL LAND l81675iiO 18167510 151 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Research Building 1937 6000000 6000000 Extension Building 1922 1650000 U650000 Greenhouse U00000 U00000 Greenhouse 1533700 800000 2333700 Feed Sample House 20000 20000 Engineers Shop 100000 100000 Farm Machine Shed 100000 100000 Nematology Shop 75000 75000 Car Shed 160000 160000 Main Barn 600000 600000 Superintendents Dwelling U00000 U00000 Weather Bureau House 10000 10000 Horticulture Barn 50000 50000 Employees Cottages 6 2000 1200000 1200000 Gin and Seed House 765000 765000 Potato Curing House 300000 300000 Seed Drying House 1951 350000 350000 Seed Cleaning House 1951 120000 120000 Tobacco Packhouse 3UOOOO 3U000Q Tobacco Fertilizer House 85000 85000 Tobacco Curing Barn Steel 20000 20000 Tobacco Curing Barn 33300 3300 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 50000 50000 Employees Cottage 150000 150000 Tobacco Pathology Packhouse 30000 30000 Soils Laboratory 19U9 180000 180000 Employees Cottage 80000 80000 Employees Cottage 60000 60000 Employees Cottage 50000 50000 Horticulture Main Barn U00000 U00000 Employees Cottage Uoooo Uoooo Grass Breeding Barn Uoooo Uoooo Pump House 5000 5000 Garage Uoooo Uoooo Employees Cottages 2 2000 U00000 U00000 Agronomy Barns 3 U000 1200000 1200000 Fertilizer Building 100000 100000 Shed and Storage Barn 200000 200000 Agronomy Storage Barn 100000 100000 Employees Cottage 55ooo 55ooo Employees Cottage 280000 280000 Employees Cottage 150000 i500oo Employees Cottage 280000 2800 00 Employees Cottage 300000 300000 STATEMENT OF INVESTMENT IN PLANT Continued B Sjr Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year BUILDINGS Continued Dairy and Dairy Barn 2750000 2750000 Breeding Barn 0000 0000 Bull Shed 20000 20000 Bull Shed 20000 20000 Employees Cottage 35000 35000 Employees Cottage 20000 80000 100000 Employees Cottage 30000 70000 100000 Superintendents Cottage U00000 U00000 Gas and Oil House 20000 20000 Animal Husbandry Mule Barn 800000 800000 Animal Husbandry Machine Shed 100000 100000 Animal Husbandry Shop 20000 20000 Animal Husbandry Corn Crib 100000 100000 Animal Husbandry Cow tfarn 200000 200000 Animal Husbandry Feed and Mill House 280000 280000 Animal Husbandry Cow Barn 300000 300000 Animal Husbandry Storage Barn 30000 70000 100000 Employees Cottage Uoooo Uoooo Employees Cottage 100000 100000 Employees Cottage 20000 20000 Employees Cottage 20000 20000 Animal Disease Laboratory 7019088 1U8986 716807U Pump House 20000 20000 Animal Disease Small Animal House 180000 180000 Animal Disease Feed House 20000 20000 Employees Cottage UOOOO 60000 100000 Employees Cottage 280000 280000 Employees Cottages 2 2000 U00000 U00000 Employees Cottage 200000 200000 Employees Cottage 330000 330000 Garage and Barn 10000 10000 Storage Barn 50000 50000 Hog Farrowing House 1951 250000 250000 Cow and Storage Barn 120000 120000 Main Employees Cottage 250000 250000 Mule and Storage Barn 50000 50000 Cook County Employees Cottage 250000 250000 Barn 0000 Uoooo Shed 10000 10000 Berrien County Shed 30000 30000 Shed Old Still Uoooo 0000 Shed Pump House 30000 30000 Employees Cottage 100000 100000 Main Dwelling 350000 350000 Barn 50000 50000 Corn Crib 30000 30000 Employees Cottage 200000 200000 Barn 50000 50000 Barn and Shed Uoooo 0000 i 153 X STATEMENT OF INVESTMENT IN PLANT Continued B C Year Acquired BUILDINGS Continued Berrien County Commissary Building Decatur County Office and Tobacco Storage Tool and Fertilizer Barn General Purpose Barn Tobacco Curing Barn 10 x 60 Tobacco Curing Barn 10 x 60 Superintendents Dwelling Employees Cottage Employees Cottages3 1 250 Employees Cottages3 M 200 Machine Shed 86 x 36 Tobacco Curing Barn 10 x 120 Miscellaneous Hotbeds Shade Houses TOTAL BUILDINGS EQUIPMENT Administrative and General Physical Plant Library Research TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Investment Investment Beginning End of of Year Additions Deductions Year Uoooo 10000 600000 600000 30000 30000 100000 1 00000 10000 150000 300000 300000 230000 893713 1123713 30000 30000 75ooo 75000 60000 60000 100000 100000 300000 300000 316600 21600 322000 39U67688 2692699 112900 120171 87 535583 1314983 V 720566 855830 117807 973637 1132687 110309 1212996 21025163 2718239 121950 266181 52 26599263 3081338 121950 29555651 8it53lUl fe577U037 237850 90070678 4 S jS i a k II 154 FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 Georgia Institute of Technology Atlanta Georgia BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank Imprest Cash Utilities Deposit Tech Inst Accounts Receivable Veterans Admihistration Army Navy Lockheed etc Research Contracts TOTAL GENERAL FUNDS B RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS C AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Veterans Administration Boys State Fraternity Managers Assn Due from Plant Funds Stores Investories TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III ENDOWMENT FUNDS Cash in Bank For Purpose of the Trust Investments Georgia Tech Buildings Real Estate WGST Radio Station Stocks Preferred Stocks Common US Securities Georgia Tech Bonds University System Building Authority Bonds Notes Receivable Student TOTAL ENDOWMENT FUNDS 1328915 3i30000 300000 3281391 1611900 21757088 29680382 7013037 56722 l5t 53508 32000 2071336 h81715 3093U7 131991 12517762 290811 70 7580262 31290659 67952388 17986182 2603881 517935 26135801 7762911 Ml558 30000 1013375 101 75000 13800000 2000000 It23553 112132231 11521050 156 ASSETS Continued IV STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments Hi57161 3521728 U S Government Bonds 6790000 TOTAL STUDENT LOAN FUNDS 11771889 V PLANT FUNDS A UNEXPENDED Cash in Bank Investments Temporary TOTAL UNEXPENDED 50892277 15919093 66811370 B EXPENDED Land Buildings Improvements Other Than Buildings Eauipment TOTAL EXPENDED 128292930 898198511 170903U38 5523737ii 1719768623 TOTAL PLANT FUNDS 1816609993 TOTAL ASSETS 82029571502 157 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Contracts Negotiated Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balance C AUXILIARY Accounts Payable Contracts Negotiated Reserved for Stores Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance III ENDOWMENT FUNDS Fund Balance IV STUDENT LOAN FUNDS Fund Balance V PLANT FUNDS A UNEXPENDED Due to Auxiliary Funds Reserve for Bond Sinking Fund Reserve for Callaway No 1 Fund Balance TOTAL UNEXPENDED B EXPENDED Due to Endowment Funds Bonds Payable Invested in Plant TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES 287012 12878182 329736 15586507 29081170 7580262 506866 57500 12517762 18208531 31290659 I 67952388 I 17986182 115251050 11771889 131991 15121779 807ll0 50777160 66811370 26135801 259900000 H63732819 1719768623 1816609993 2029571502 158 SUMMARY OF INCOME AND EXPENDITURES For Year Ended June 30 1952 EDUCATIONAL AND GENERAL OTHER NON GENERAL RESTRICTED AUXILIARY PLANT EDUCATIONAL TOTAL INCOME Student Fees 167731611 167731611 Public Appropriations State of Georgia 156000000 17750000 203750000 Building Authority 6000000 6000000 Other 1720710 5000010 6720750 Endornent 1770l97 687159 37931 2l95590 Gifts and Grants 173125 3733106 111075114 15013715 Sales and Services 126721113 126721113 Bookstore 166621 59 l6662l59 Dormitories 27257226 27257226 Apartments 17161221 17l6l221 Dining Halls 51597257 51597257 Residential Property 25081 81 25081 81 Military Uniforms 7513799 7513799 Other Sources 2696087 319819 299360 1207102 1552398 TOTAL INCOME l55095l63 6110975 153380295 59019100 12352550 686018683 EXPENDITURES Educational General Adm Gen 28353622 28353622 Student Welfare 9713116 9713116 Plant Operations 555333146 5553331i6 Library 10990277 1712150 127021 27 Instruction 172281566 2l66i91 171751057 Researoh 129571718 3153967 132728715 Extension 12262613 1831567 11097210 Auxiliary Enterprises Bookstore 17213360 17213360 Dormitories 18858321 18858321 Apartments 8129331 8129331 Dining Halls 52891881 52891881 Residential Property J86155 86155 Military Uniforms 7557157 7557157 Other 1205570 1205570 Plant Plant Additions 27681866 27681866 Indebtedness Retired 17i 707 80 17l70780 Interest on Indebtedness 7003562 7003562 Other 2l22822 2l22822 Other NonEducational Fellowships 2010588 2010388 Scholarships 7708972 7708972 Other 1191672 1191672 TOTAL EXPEND 18712318 9167175 136371781 51582030 10911032 659777336 TOTAL EXPEND STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 General Restricted Inoome Income Total EDUCATIONAL AND GENERAL STUDENT FEES Day School NonResident Tuition 55785903 1 55785903 Matriculation 57618008 57618008 Health Service 529i4093 529i4093 Summer School 5103999 5103999 Other 787679 787679 Extension Division NonResident Tuition 6808720 6808720 Matrioulati on 13827067 13827067 Other 191098 191098 Technical Institute NonResident Tuition 4095790 1095790 Matriculation 17653371 17653371 Health Service i45978i I459781 Other 106102 106102 TOTAL STUDENT FEES 5 167754611 116775146 ll PUBLIC APPROPRIATIONS State of Georgia Operations 156000000 1156000000 Vocational Funds State 706333 706333 Federal io1i4377 10ii4377 TOTAL PUBLIC APPROPRIATIONS i 156000000 1720710 157720710 ENDOWMENT Julius Brown 1229553 1229553 Josephine Cloudman 535066 535066 F or res te rMcRaeRankin 5878 5878 Louis H Wellhouse 61Q1 6181 Daniel Guggenheim Research 613532 613532 Philip H Lamar Research 67 13 6714143 TOTAL ENDOWMENT 1770i497 687159 21457656 GIFTS AND GRANTS Georgia Tech Alumni Foundation 173125 173125 General Education Board Architecture 2150000 2150000 General Education Board Research 4665 75 1466575 General Education Board Library 1000000 1000000 F Graham Williams Architecture 116531 116531 TOTAL GIFTS AND GRANTS 173125 3733106 3906231 SALES AND SERVICES Research 1 26721113 tl267211i43 OTHER SOURCES 1619829 Veterans Guidance Center 16I49829 General and Miscellaneous 1016258 1016258 TOTAL OTHER SOURCES 2696087 1 2696087 TOTAL EDUCATIONAL GENERAL INCOME i455095i463 6110975 i 612361 38 160 1 L General Restricted 1 4 Income Income Total NONINCOME Cash Over and Short 6676 6676 Transfer from General Funds 2950000 2950000 Transfer from Plant Funds 798611 798611 v k i TOTAL NONINCOME 805287 2950000 5755287 j TOTALEDUCATIONAL GENERAL RECEIPTS 55900750 9090975 tu6u991725 B AUXILIARY ENTERPRISES BOOKSTORE i46662i 59 166621 59 1 1 A DORMITORIES 1 Brown 1191852 1191852 r Cloudman 1120567 1120567 1 I Glenn 5037590 5037590 J k Harris 1206812 1206812 Harrison 2675180 2675180 Howell 1781800 1781800 k 1 i Smith 4561530 u56i530 m Technical Institute 25u2u75 25121 75 Techwood 3319810 3319810 Towers 3819610 3819610 TOTAL DORMITORIES 27257226 27257226 m I 1 1 APARTMENTS J w Callaway 120866314 1208663 Callaway No 1 525027 525027 1 Burge 14819560 l8l560 1 TOTAL APARTMENTS 171461221 JL 17l 61221 DINING HALLS Brittain 28892668 28892668 j 4 i Technical Institute 8577960 8577960 i Bradley 12i4o696 12l 20696 x r Fraternity Sales 1705933 1705933 1 L TOTAL DINING HALLS 51597257 51597257 j RESIDENTIAL PROPERTY Regular 13914981 1391981 1 Trust Fund Property 1113500 1113500 M k TOTAL RESIDENTIAL PROPERTY i 25081 8I4 2508i 8l MILITARY UNIFORMS 75u3799 75U3799 1 I YMCA INCOME 15000 15000 V I 1 b OTHER 331819 331819 1 TOTAL AUXILIARY INCOME 15330095 153380295 A 1 TOTAL AUXILIARY RECEIPTS 153380295 153380295 11 w 161 General Restricted Income Income Total C OTHER NONEDUCATIONAL ENDOWMENT Architects Alumni Prize Fund E 0 Batson Fund TOTAL ENDOWMENT FUND GIFTS AND GRANTS Adair0ldknow Fund Air Force Aid Society AlexanderTharpe Fund Automatic Gas Co of Columbus Inc Carnegie Foundation City of Smyrna The CocaCola Company Colonial Dames of America Community Enterprises Inc Creole Petroleum Corp Delta Air Lines DriGas Corporation Mrs J Lon Duckworth Economy Gas Appliance Co T R Ewing Gas Equipment Supply Company Georgia Distributors Inc C M Gooch Foundation J B Green Humble Oil Company Houston Endowment Inc Le Savoy Foundation Frank Y L Liv Lovetts Table Supply Food Stores Welfare Association Leon Lowenstein Foundation Inc Chas S Martin Distributing Co Edward Parker Parlett Gas Company Phillips Petroleum Company Research Corporation Rhodes Fund Robert Company Associates SearsRoebuck Foundation Shell Oil Company Skelly Oil Company SooonyVacuum Oil Company Southern Gas Corporation T Earl Stribling Memorial Fund Tennessee Eastman Company Texas Company G Mote Willi am Memorial Foundation Anonymous Arthur Williams Emergency Fund TOTAL GIFTS AND GRANTS OTHER John King Fund Transfer from Educational fc General TOTAL NONEDUCATIONAL INCOME TOTAL CURRENT INCOME 3600 36OO 3k33k 3U33U f 3792 3793k 600000 600000 19800 19800 5250000 5250000 45000 45000 69575 69375 35000 35OOO 45000 45000 50000 5OOOO 100000 100000 67600 67600 1000000 1000000 16500 16500 50000 50000 27000 27000 49500 19500 54000 54000 27000 27000 27000 27000 37500 37500 190000 190000 100000 100000 50700 50700 442200 112200 75000 75000 50000 50000 27000 27000 15000 15000 112500 112500 240000 240000 440000 440000 300000 300000 120000 120000 28800 28800 150000 150000 99OOO 99000 200000 200000 27OOO 27OOO 405059 u 05039 165000 165000 150000 150000 100000 100000 50000 50000 20000 20000 m275Ut 1 lll275lk 1207102 1207102 50000 5OOOO 12422550 12422550 608U75758 18563525 627039283 162 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Presidents Office Executive Deans Office Registrars Offioe Controllers Office Public Relations General Administration VicePresidents Offioe Alumni Office TOTAL ADMINISTRATIVE AND GENERAL STUDENT WELFARE Infirmary YMCA Dean of Students TOTAL STUDENT WELFARE PLANT OPERATIONS Buildings and Grounds Power Plant TOTAL PLANT OPERATIONS LIBRARY INSTRUCTION Dean of Faculties Coop Department Engineering School Deans Office Aeronautical Engr Architecture Ceramic Engineering Chemical Engineering Civil Engineering Electrical Engineering Engr Drawing Mechanics Industrial Engineering Mechanical Engineering Textile Engineering TOTAL ENGINEERING SCHOOL General Studies School Deans Office Biology and Public Health Chemistry Industrial Management English Mathematics Modern Languages Music Fund Classification General Restricted Object Classification Salaries and Wages Operating Supplies Expense Equipment 2191255 2191255 Hi 85926 1384179 77610 24137 6144619 4394874 1659446 90299 66694 24 6669424 601572 508754 95818 8899347 601350 7877796 420201 1439078 1384992 54086 919401 869592 49809 28353622 18004420 98i4565 534637 5193194 4086997 1050757 55440 744495 71M95 37751 87 3614510 160917 9713116 8446002 1211674 5544o 42238884 26832812 13718181 1687891 13294462 3251506 9964850 78106 55533346 30084318 23683031 1765997 10901277 1712150 6911257 201368 5589802 1411034 1340988 70046 1930r4B 17352741 1 21532 65 1381439 1296685 84369 405 4494985 4093503 199035 202447 9631476 2150000 11027374 506475 247627 3275774 2957988 228156 89630 7369430 6234383 822998 312049 7818595 6741168 418791 658636 10237482 9672692 367317 197473 7534747 7442547 63730 28470 6073683 5738862 235818 99003 12550906 11459921 987649 103336 6408224 305061 5819078 482326 411881 76776761 2455061 72484201 439664 2350957 1278401 1236874 41527 19952 1899972 46230 50750 16209247 11430 12128743 2754890 1337044 10561692 10395918 75799 89975 9018959 8845580 129631 43748 10725767 10502285 113283 110199 2339532 2298687 10915 29930 1519565 983070 439417 97078 163 INSTRUCTION Continued General Studies School Physical Training Physios Psychology Sooial Science TOTAL GEN STUDIES SCHOOL Graduate Division Army ROTC Air ROTC Naval Soienoe Summer School TOTAL INSTRUCTION RESEARCH Engr Experiment Station General Researoh TOTAL RESEARCH EXTENSION Administration Evening School Conferences Industrial Education Technical Institute Mutual Security Agency Veterans Guidance TOTAL EXTENSION TOTAL EDUCATIONAL AND GENERAL EXPENDITURES NONEXPENSE Transfer to Restricted Funds Transfer to Plant Funds TOTAL NONEXPENSE TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS B AUXILIARY ENTERPRISES BOOKSTORE DORMITORIES Brown C loudman Glenn Harris Harrison Object Classification Fund Classification Salaries and Operating Supplies Equipment General Restricted Wages A Expense i303937 9577759 2622103 35I46925 3867U80 8151326 2309U35 3U5llUUO U36U57 536028 138973 60U09 887U05 173695 32076 73700639 llU30 66076810 U783559 2851900 3115000 675091 519366 321986 138313Ul 30276U5 U56825 UllU21 270253 138313U1 87355 173180 1601U 338UO U5086 61901 20893 17228U566 2U66U91 159607725 9806070 5337262 128577U33 997315 3153967 91237731 130510 2561912U 181950 1187U5U5 681855 12957U7U8 3153967 9U3682Ui 2580U07l 125561 00 2243523 100073lU 2039227 26566035 906709 U99835 183U567 21U9176 9523396 1693868 1621700 2078266U 311U60 U 73307 9U3U7 289191 3U5359 212867 UU88767 5302U9 6026 19U727 129U60U 35000 20502 12262l3 183U567 36585571 5966806 15UU833 il18712318 9167175 35U00753U 76U87588 2738U371 3000000 666818 I 566feKTff U52379136 9167175 U72U3360 6522011 38U 25509 2295810 830755 926137 2879U2U 979807 1355720 UU7939 U95888 17852U7 512252 796015 382UUO U 29851 10921 83 U67190 559035 376 398 169U 365 670 Object Classification Fund Classification General Restricted Salaries and Wages Operating Supplies it Expense Equipment DORMITORIES C ontinued Howell 1100691 619170 150995 529 Smith 301391j2 1761311 1217968 1663 Technical Institute 2i30139 1353308 950611 126187 Teohwood 3188631 1273250 1911288 1093 Towers 2153075 1265929 885990 1156 TOTAL DORMITORIES 18858321 10313309 8380881 131131 APARTMENTS Burge 2670917 1251762 ll 17816 1369 Callaway 5226580 30091 71 2173593 13516 Callaway No 1 231801 1311 11 100215 115 TOTAL APARTMENTS 8129331 1392617 3691651 15030 DINING HALLS Brittain 301061 83 9823l 19 199361 83 316551 Technical Institute 78818 2 2l15708 5393816 15300 Bradley 12885297 1298691 8399325 187281 Fraternity Mgrs Assn 2015280 12150 1957600 15530 TOTAL DINING HALLS w 52891881 16579998 3568722 6216 62 RESIDENTIAL PROPERTY Regular 369l 12 59555 257009 52878 Trust Fund Property 116713 11015 102698 TOTAL RESIDENTIAL PROPERTY 1 86155 l 73570 1 257009 155576 MILITARY UNIFORMS 7557157 289992 7267165 OTHER 1205570 867000 338570 TOTAL AUXILIARY ENTERPRISES 136371781 39068557 91018015 3255209 NONEXPENSE Transfer to Plant Funds Transfer to Agency Funds TOTAL AUXILIARY DISB 215101 00 50000 157952181 OTHER NONEDUCATIONAL Fellowships Scholarships Other TOTAL OTHER NONEDUCATIONAL EXPENDITURES 2010388 2010388 7728972 7728972 1191672 1191672 10961032 9769360 1191672 585081099 20131207 1 028151 51 171730275 30639580 TOTAL CURRENT EXPENDITURES STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL GIFTS AND GRANTS Dr Charles A Thomas Cham General Education Bd Research General Education Bd Library The Springs Foundation Textile G Mote Williams Textile F Graham Williams Architecture General Education Bd Architect TOTAL GIFTS AND GRANTS ENDOWMENT Louis H Wellhouse Researoh Daniel Guggenheim Research Philip H Lamar Researoh TOTAL ENDOWMENT PUBLIC APPROPRIATIONS Vocational Funds TOTAL EDUCATIONAL AND GENERAL B OTHER NONEDUCATIONAL FELLOWSHIPS Carnegie Award No 2 Carnegie Award No 4 Carnegie Award No 5 Carnegie Award No 6 Carnegie Award No 7 Carnegie Award No 8 Carnegie Award No 9 Delta Air Lines Harry E Johnson Research Edward Orton Jr Ceramic Foundati Research Corporation No 1 Research Corporation No 2 Research Corporation No 6 Research Corporation No 7 Shell Oil Company Southern Airways Stone Mountain Grit Company T Earl Stribling Tennessee Corporation Tennessee Eastman Company Texas Company TOTAL FELLOWSHIPS SCHOLARSHIPS AdairOldknow Fund Air Force Aid Society AlexanderTharpe Fund Atlanta Gas Light Company B alance Disburse Balance Beginning Receipts ments End of Year for Year for Year of Year 13500 nil 30 2070 li66667 2416575 2472992 1410250 39 2000000 1712150 287811 266974 266971 60000 38087 21913 50000 116531 166531 ure 2150000 2150000 1857102 6683106 6651633 18885 Y5 6113 6184 12297 613532 613532 67443 671 13 6113 687159 680975 12297 t It53368 1720710 1831567 567225 tIU09817 9090975 9167175 1333647 00 VJ1 0 0 0 85000 25000 25000 60000 24100 35900 70000 70000 72200 62500 9700 25000 25000 23125 69375 65191 27309 1000000 1000000 155000 137500 17500 on 9477 9177 87750 270000 234000 123750 220000 220000 345000 125000 220000 160000 125000 35000 63556 150000 196456 17100 619382 619382 38508 26008 12500 595861 105039 186254 811619 1983 1923 145000 165000 128997 181003 58525 150000 208525 26U33io 2429414 2040388 3032336 600000 558839 41161 19800 19800 5250000 5221321 28676 54000 54000 1C 45000 45000 166 B alance Disburse B alance Beginning Receipts ments End SCHOLARSHIPS Continued of Year for Year for Year of Year Batson Fund 23334 34334 27600 30068 The BastainB lessing Co 1148500 66000 82500 Carolina Butane Gas Co 54000 36000 18000 The CocaCola Company 99500 45000 36OOO 108500 Colonial Dames of America No 1 25000 19400 5600 Colonial Dames of America No 2 25000 25000 Community Enterprises Inc No 1 63167 63167 Community Enterprises Inc No 2 100000 100000 Community Gas Company 54000 18000 36000 Creole Petroleum Corporation 67600 67600 Delta Tank Mfg Company 108000 36OOO 72000 DriGas Corporation 16500 I65OO Mrs J Lon Duckworth 50000 50000 Eoonomy Gas Appliance Company 27000 27000 T R Ewing 149500 49500 Fisher Foundation 99000 99000 Gas Equipment Supply Company 105260 54000 99000 60260 Georgia Automatic Gas Company 18000 18000 Georgia Distributors Inc 27000 18000 9000 Ga Liquified Petroleum Gas Assn 72000 45000 27000 C M Gooch Foundation 27000 27000 J B Green 37500 37500 Hopkins Equipment Company 36000 27000 9000 HornWilson Incorporated 9000 9000 Humble Oil Company 190000 190000 Jefferson Mills Incorporated 2450 2450 Jesse Jones Honoring General Clay 10000 100000 30000 80000 LeSavoy Foundation 50700 50700 Frank L Liv 4142200 442200 Lovetts Table Sup Food Stores No 1 25000 24750 250 Lovetts Table Sup Food Stores No 2 25000 25000 Lovetts Table Sup Food Stores No 3 25000 25000 Leon Lowenstein Foundation Inc 50000 50000 Chas S Martin Dist Company 9000 27000 36OOO Kate MoGrath 27000 27000 Nolan Company Incorporated 54000 36OOO 18000 Edward Parker 15000 15000 L L Parlett Memorial 495oo 112500 1144600 17400 Phillips Petroleum Company 240000 45000 195000 Rhodes Fund 87500 300000 387500 Robert and Company Associates 120000 120000 L W Robert 9691 9691 Rumbold and Company Incorporated 36000 36000 SearsRoebuck Company No 1 15000 15000 SearsRoebuck Company No 2 13800 13800 Servel Incorporated 99000 33000 66000 Skelly Oil Company 99000 16500 82500 SoconyVacuum Oil C amp any 33521 200000 188892 44629 Southern Gas Corporation 27000 27000 The Weatherhead Company 18000 18000 G Mote Williams No 1 26100 26100 G Mote Williams No 2 50000 50000 G Mote Williams No 3 50000 50000 167 SCHOLARSHIPS Continued Anonymous Arthur Williams Emergency Fund Balanoe Beginning of Year Receipts for Year Disbursements for Year Balance End of Year 50000 20000 20000 50000 TOTAL SCHOLARSHIPS 1405523 TWWZW 7728972 223985 OTHER Architects Alumni Prize Fund John King Fund Uncle Heinie Memorial Fund City of Smyrna 12600 157k 39 2000 3600 1207102 35000 1 1169980 2000 22692 16200 191561 12308 TOTAL OTHER 172039 1245702 1194672 223069 TOTALS 15630719 21513525 20131207 7013057 STATEMENT OF For Year TRUST FUND BALANCES Ended June 30 1952 Endowment Funds Loan Funds Total Funds BALANCE OF PRINCIPAL BEGINNING OF YEAR 59658463 12439735 72098198 ADDITIONS Gifts and Grants Gain on Investments Income on Investments Transfer from Loan Funds Transfer from Endowment Funds Adjustments of Previous Years Balances Income on Student Loans Collection of Notes Previously Written Off Transfer from University of Georgia 514809072 1982879 37 lll 00 1180919 72296 1161 61 117262 155192 11000 216230 514809072 1982879 3860861 1180919 117262 72296 155192 li000 216230 TOTAL ADDITIONS 57793808 619148 58442956 DEDUCTIONS Transferred to General Funds Transferred to Restricted Funds Transferred to Loan Funds Adjustment of Balances of Previous Year Uncollectible Notes Written Off Transferred to Endowment Funds 2451472 37934 117262 109488 20000 116075 1180919 2451472 57934 117262 109488 I 16075 II 80919 TOTAL DEDUCTIONS 716156 131699U 4033i50 BALANCE END OF YEAR 114736115 11771889 126508001 ADD Income Overdrawn 517935 517935 BALANCE OF PRINCIPAL END OF YEAR 115254050 11771889 127025939 168 STATEMENT OF TRUST FUND BAIANCES BY FUND For Year Ended June 30 1952 ENDOWMENT FUNDS Arohiteot Alumni Prize E 0 Batson Scholarship Julius Brown Josephine Cloudman Alice Coons Lloyd C Daniels F or r e ste r M cRae R ankin S Price Gilbert Daniel Guggenheim Aero John P Holmes B Mifflin Hood Chair of Ceramics C y L King Memorial Philip H Lamar Research Mrs Emma C Lowry Edmund Magers General ji T E Mitchell 1 M Rich Silent Hoist A Crane Co Prize Awards J M Terrell WGST Broadcasting Station B E Willingham TOTAL ENDOWMENT FUNDS STUDENT LOAN FUNDS William Ott Alston Memorial Architect G W Adair J Baldwin M R Berry f J G Boswell S F Boykin T P Branch Memorial M L Brittain S S Class J B Campbell Josephine Cloudman Holland Coleman William B Coleman Post Alice Coons A C Dobbs A French Georgia Federation of Labor Mrs A V Gude f LymanHall Dr and Mrs T P Hinman Irving Subway Grating Company Inc Edwin Johnson K A Foundation C L King Memorial Malta Lodge Lona Mansfield J M High Fund Balance Beginning of Year Additi ons Deductons Fund Balance End of Year 31800 1800 3600 30000 1123826 13918 34334 1103410 18331J62 1230041 1229553 18331850 7800700 535066 540825 7794941 435000 8018 8018 435000 513379 27918 15632 525665 19191a 5878 6816 191003 2352380 2818802 5171182 16853400 613532 655737 16811195 525875 525875 4446792 1200006 1759 5645039 1180872 98503 29375 1250000 3212505 67443 79948 3200000 49385162 49385162 10547 559 313 10793 1621752 1254767 99761 2779758 5000 5000 500000 6465 493535 452649 10485 10485 452649 491558 491558 1000 00 2500 102500 59658463 57793808 2716156 114736115 51784 495 52279 22815 372 23187 52684 1090 53774 5120 50 5170 302170 5135 307305 400000 400000 10170 10170 14424 248 14672 58494 1114 59608 581 14 1114 59558 1184232 34342 26951 1191623 73819 l444 75263 44886 1050 45936 89211 8281 97492 8104 8104 190841 3347 194188 99074 1734 100808 22816 372 23188 173469 3081 176550 21140 374 21514 36375 750 37125 49651 1026 50677 8800 8800 205775 31672 237447 120125 2612 122737 92840 1608 228765 4357 233122 Fund Balance Beginning of Year Additions Deductions Fund Balanoe End of Year STUDENT LOAN FUNDS Continued Mrs T 0 Marshall 50000 5OOOO E P McBurney 1013755 21000 1034755 J A MoFarland 11788 218 I2O36 T E Mitchell 2567096 339210 1201819 17011 87 Gayle Nimock Memorial 15309 250 15559 Quartermaster 3801172 152921 17619 3906111 L W Robert IO385 126 105II Scottish Rite 113167 2800 115967 Sam W Small 10381 126 10510 T W Smith 28266 62l 28890 J P Stevens 5llli9 7832 I7575 531706 J M Terrell 86102 12036 98138 Thamaston Mills 150000 150000 Clark Thornton Memorial 38773 876 39619 E A Turner 5070 5O7O Arthur Williams Estate 272130 3181 20000 2553H Mrs Fannie B Wright 98861 2250 101111 TOTAL LOAN FUNDS il239735 619118 131699 11771889 TOTAL TRUST FUNDS 72098198 58ll2956 1033150 126508001 DETAIL OF ENDOWMENT FUNDS INVESTMENTS For Year Ended June 30 1952 Rate of D ate of Book Market Interest Maturity Value Value COMMON STOCK West Point Mfg Company Ser Nos JlQ23U56 and 2597012314 2000 shares 500000 5500000 Celanese Corporation Ser No 364OO JO shares Ser No 365193 30 shares 5 13575 l07500 TOTAL COMMON STOCK 101337 5907500 PREFERRED STOCK Georgia Power Company No AOli392 3 shares 1 l2 30000 54390 CAMPUS REAL ESTATE 836 Cherry Street 8i6 Cherry Street 850 Cherry Street 856 Cherry Street 866 Cherry Street 870 Cherry Street 876 Cherry Street 880 Cherry Street 886 Cherry Street 906 Cherry Street 835 Plum Street 875 Plum Street 879 Plum Street 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 305186 170 CAMPUS REAL ESTATE Continued 885 Plum Street Rate of Interest Date of Maturity Book Value Market Value 305186 305186 889 Plum Street 305186 305186 899 Plum Street 305186 305186 905 Plum Street 305181 305181 179 Fourth Street 1279905 1279905 Brown Dormitory 6091325 6091325 Cloudman Dormitory k39s613 1392613 Harrison Howell Dormitory 9183801 9183801 TOTAL CAMPUS REAL ESTATE 26135801 2613580 OFFCAMPUS REAL ESTATE Texas Property t 7539910 t 7539910 Lots in Atlanta 223031 223031 TOTAL OFFCAMPUS REAL ESTATE 7762911 77629a WGST BROADCASTING STATION it91558 26776129 GOVERNMENTAL BONDS Series G No V633I9O6 2 12 3160 i 100 00 1 16680 Series G No V633I9I6 2 12 3160 155000 116785 Series G No V562l80 2 12 7157 500000 l85000 Series G No M837U72 212 7158 100000 95500 Series G No Ml837U73 2 12 7158 100000 95500 Series G No Ml837l7l 2 12 7158 100000 95500 Series G No Mi837U75 2 I2 7158 100000 95500 Series F No QIOI8I4I4I 12157 2500 2088 Series F No Q 1018113 12157 2500 2088 Series G No M6953159 2 12 3161 100000 95IOO Series G No M69OI63 2 12 3361 100000 95IOO Series G No C5289782 2 12 3361 10000 9510 Series G No C5289783 2 12 3361 10000 9510 Series G No C 5289781 2 12 3361 10000 9510 Series G No C5289785 2 12 3361 10000 9510 Series G No 300297H 2 12 I2I572 1000000 980000 Series G No 300288J 2 12 121572 1000000 980000 Series G No 300289K 2 12 I2I572 1000000 980000 Series G No 30029OL 212 I2I572 1000000 980000 Series E No 3919 178 10152 1615000 1615600 Series F No Cl6717l6 715U 10000 929O Series F No 01671717 7l5k 10000 929O Series F No D7I9885 715I 50000 161 50 Series G No D328I889 7I5I 50000 I8950 TOTAL GOVERNMENT BONDS 1075000 103121 61 OTHER Georgia Teoh Bonds 788792 2 Georgia Tech Bonds 08915 2 Georgia Teoh Bonds lll2lll6 2 Georgia Teoh Bonds 123l1238 2 Georgia Teoh Bonds 13871390 2 Georgia Tech Bonds 11261135 2 Georgia Tech Bonds 11361115 2 Georgia Teoh Bonds ll71ll85 2 Georgia Teoh Bonds 15171556 2 A 5157 5000 00 506500 A 5158 800000 812000 iA 5160 500000 510000 iA 5161 500000 197500 A 5162 1 000 00 398000 iA 5162 1000000 995000 iA 5163 1000000 995000 iA 5163 1500000 li92500 iA 5163 1000000 995000 Rate of Date of Book Market Interest Maturity Value Value OTHER Continued Georgia Tech Bonds 15911596 2 lh Georgia Teoh Bonds 16311650 2 lh Georgia Tech Bonds 1873177 2 lh Georgia Tech Bonds 33583367 2 Georgia Teoh Bonds 3ll913505 2 Georgia Tech Bonds 37113720 2 TOTAL GEORGIA TECH BONDS Univ System Bldg Auth 851861 3 Univ System Bldg Auth 865898 3 Univ System Bldg Auth 899932 3 Univ System Bldg Auth 938955 3 Univ System Bldg Auth 990999 3 Univ System Bldg Aufch 16511700 3 Univ System Bldg Auth 9515000 3 Univ System Bldg Auth 50515100 3 Univ System Bldg Auth 51015150 3 Univ System Bldg Auth 52015300 3 Univ System Bldg Auth 51015185 3 Univ System Bldg Auth 3 TOTAL UNIV SYSTEM BLDG AUTH BONDS NOTES RECEIVABLE Student Notes TOTAL ENDOWMENT FUNDS INVESTMENTS 5164 600000 594000 5164 2000000 1980000 5166 500000 487500 5176 1000000 870000 5177 1500000 1301250 5178 1000000 865000 f 13800000 13299250 12177 li00000 l6ii00 12178 3iooooo 3559800 12179 3 000 00 356i900 12180 1800000 1889100 12181 1000000 1019000 10174 5000000 5171000 10175 5000000 5171000 12176 5000000 5171000 IOI76 5000000 5171000 10177 10000000 10312000 10178 8500000 8790700 IOI67 2500000 2595000 52000000 53938900 423553 423553 112132231 111590888 DETAIL OF LOAN FUNDS INVESTMENTS For Year Ended June 30 1952 GOVERNMENTAL BONDS Series G No V6331886 Series G No V633O3U6 Series G No V6331906 Series G No V6331916 Series E No 3919 TOTAL GOVERNMENT BONDS NOTES RECEIVABLE Student Loans TOTAL LOAN INVESTMENTS Rate of Date of Book Market Interest Maturity Value Value 2 12 3160 500000 473500 2 12 3160 500000 473500 2 12 3160 60000 5682O 2 12 3160 345000 326715 178 IOI52 5385000 5385700 6790000 6716235 3524728 1 3524728 10311728 10210963 172 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance Receipts Disbursemants Cash Balance July 1 1951 for Year for Year June 30 1952 CURRENT FUNDS General Restricted Auxiliary t ia20529 5630719 2033039u U55900750 21513525 153380295 452379136 20131207 157932181 598915 7013057 15778508 TOTAL CURRENT FUNDS 21840584 630794570 t630uu252U 22192630 AGENCY FUNDS 2735096U 163769273 l7313Uo55 17986182 TRUST FUNDS Endowment 2886657 8039U619 80677392 2603884 Loan 2697488 4822617 6062944 iU57161 TOTAL TRUST FUNDS 558UiU5 85217236 86740336 4061045 PLANT FUNDS 25U66567 96755uuu I 7132973U 50892277 TOTAL 80242260 976536523 19616466 ij9 95l32i3U 173 WGST THE GEORGIA TECH STATION BALANCE SHEET J une 30 I952 ASSETS Cash Accrued Assets Accounts Receivable less Reserve 3700 U S Treasury Notes Fund for PostWar Improvements of Station Equipment Furniture Fixtures Etc Property at Jasper Georgia Deferred Charges TOTAL ASSETS LIABILITIES Accounts Payable Contractual Liabilities Aoorued Audit Fee Deferred Income Reserve for Depreciation of Plant PostWar Improvements of Station Earned Surplus TOTAL LIABILITIES 6575818 536016 5703020 5000000 16860251 15893051 1100000 132318 518605 57 656712 500000 82500 206550 6718332 1686025 26776129 518005 I V STATEMENT OF INCOME AND EXPENSES For Year Ended June 30 1952 SALES Network Local National TOTAL 5051276 2593i1U8e lU679273 136617 DEDUCT Agency Commissions Adjustments and Allowances TOTAL U970386 1105719 6076T05 NET SALES 37588932 EXPENSES Engineering Studio Selling Administrative TOTAL 9788761 713U866 J4869UU9 573U666 wrir OPERATING PROFIT 10061190 OTHER INCOME AND CHARGES NET U15U5 NET INCOME 10019615 Note The above statements pertaining to WGST are for information only Information contained in these statements is not included in other statements k V n f n f y 174 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balance Receipts Disbursements Cash balance July 1 1951 for Year for Year June JO 1952 V Alexander Memorial Fund Checks for Cash Federal Loan Funds Student Activities Student Bank Tuition Deposit Tech Institute Evening School Cap Gown Deposit Teacher Retirement Withholdings Withholding Tax Collections Held in Trust Cheng She Ons Held in Trust William 0 Horne Lock and Key Deposit Evening School Flower Fund Dean Skiles Fund Controllers Office Flower Fund Security Deposits Apartments Ext Div Short Courses Conferences Student Lectures and Concerts Held in Trust H G Horne 1928 Memorial Window NAEB Convention Registration Tuition Deposit Winter 1951 Tech Inst Student Activities Phi Kappa Sigma Fraternity Bank Exchange U S Savings Bonds Deductions APO Student Book Exchange Sale of Surplus Property Sale of Dormitory Furniture Model House Repairs Chemistry Breakage Books Military Uniforms Trust Account College Inn Sales Tax Tech Inst Flower Fund Tech Inst Ring Deposit Com Sales Tax Bradley Dining Hall Sales Tax Brittain Dining Hall Held in Trust Henry Wong Hung Ting E P Maxim Class of 1949 Lib Blag College Inn Deductions Southern Airways Research Fellowship Georgia Tech Student Council Parking Fines Ga Tech Alumni Foundation Oak Ridge Atomic Energy Com Grant Project 18C National Inst of Health Grant Chlorination of Amino Acids 2591 National Inst of Health Grant 2086 Held in Trust Preston C Brooks National Inst of Health Grant 2111 R Research 192 1320501 23181502 24164218 337788 1059277 1059277 820976 586162 1407138 3012265 8592350 11222405 382210 3681005 43959663 45242826 2400842 45500 47000 76500 16000 200 200 1553825 11310331 11188398 1675758 77177114 44312938 52030652 180000 93450 86550 80000 135000 215000 2i49356 228725 167500 310581 3000 3000 8100 92110 54157 46053 7278 10223 2945 215055 129000 124520 249535 69899 350300 307823 112376 49109 567815 334542 282382 150 CO 15000 38700 47700 9000 1600 1700 3300 7500 7500 51473 865244 874628 42089 6V67 1698516 1657078 109205 19225 12079 31304 23125 447625 427725 43025 122212 201035 190990 132257 702102 132651 2500 832253 18635 204035 19200 203470 40000 40000 52240 165775 17485 200530 5001773 5660205 655432 30390 895490 863477 62403 5260 13950 11187 80 23 1 221 06 286327 350545 80188 2966 402072 381548 23490 1181 291968 278339 14813 130000 75000 55000 Fund 1900 1900 13000 13000 1127337 541273 586064 237551 7606311 7446069 397793 43400 3300 46700 1 90000 90000 282600 282599 329773 235426 139937 550617 690554 88917 88917 50006 50000 2365200 1013084 1352116 175 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 National Beta Club R D Wood 15000 15000 Tuition Deposits Fall 1951 512500 672500 1215000 Held in Trust Flavio Bendix 130200 130200 Drama Tech Production 50000 83683 33683 W A Alexander Fund 1500 1500 Georgia Tech Glee Club Fund 25000 25000 50000 Georgia Tech Band Fund 50000 21320 25680 Nene Grande Oil Co CACarlos Garcia 12500 12500 Georgia Tech Faculty Club 28I13 582990 57839ii 23817 ODK Student Union Bldg Fund 150000 150000 Embassy of Burma Maung Htun Aung I69OO 16900 Held in Trust A A Perlmetter 113800 113800 Tuition Deposits Spring 1952 7500 7500 Held in Trust Thomas J Feuchtwang 60000 60000 Research Grant RG 2591C Proj 166C 923 00 770l 12 152958 Knights Templar Thos 0 Patton 50000 50000 pAi 1952 Senior Class Memorial Fund 55000 55000 National Inst of Health Grant 2072 912l06 912106 Held in Trust Byron M Dillard 25000 25000 Held in Trust Wm A Ogram 22100 221 00 S Fall 1952 Tuition Deposit 1212500 1212500 Summer 1952 Tuition Deposit 192500 160000 32500 Uncle Heinie Picture Fund 16900 15000 1900 Held in Trust Thomas J Feuchtwang 70000 20000 50000 Held in Trust Eliezer Chazin 30000 30000 Held in Trust Gideon Nahari 63800 53800 10000 A Military Uniforms Air Force No 10373 2221316 2221316 Held in Trust Jehoshua Lynn 10000 10000 Military Uniforms Army Vs No 12028 37iil585 37lil585 Extension Div Unearned Income 597050 597050 Deposit for Room Rent Fall Qtr 1950 1950 TOTAL AGENCY FUNDS 27350961 163769273 173131000 17986182 N t 176 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 v City of Atlanta and Fulton County Bond Sinking Fund FWA Project No NP25 j Supersonic Wind Tunnel Library Building Plans Ind us trial Engineering Lab Callaway Sinking Fund Hinman Researoh Building Bradley Building Fraternity Housing Plans Real Estate Houses Rest Room Old Shop Building Plans Library and College Inn Plans Chemistry Annex Building Rewiring Knowles Dorm Safety Steps Storage Bldg Research Area No 2 Aluminum Bldg Researoh Area No 2 Elec Dist System Bradley Bldg Area Steam Lines Hinman Building Boundary Surveys Replacement of Power Cable Electrical Equipment Powell Drill Field Plans and Specifications Express Highway Fenoing Plans Outdoor Swimming Pool Paving Crenshaw Field House uSidewalks Howell Ddrmitory Air Conditioning T Room Bradley Building Equipment Furniture Brown Dormitory Furniture Glenn Dormitory Furniture Harris Dormitory 1 Furniture Smith Dormitory If Furniture Towers Dormitory Garbage Can Racks Callaway Apts Furniture Harrison Dormitory Furniture Howell Dormitory Lights Chemistry Department Gas Truck Lift Special Planning Sale of Property Land Remodeling Civil Engr Building Penthouse Research Building Miscellaneous Improvements Fire Hazards Correction of Fire Law Deficiencies Harris Dormitory a Correction of Fire Law Deficiencies Brown Dormitory Balance July 1 1951 Receipts Disburse ments B alance Transfers June 30 1952 l2 82151 5000020 155962 16273736 52193 17327033 13520978 15259250 15388761 122000 122000 8228 8228 515829 783857 268008 162315 128390 I5925 802 20 5000 8072 20 700892 700892 3852266 2200000 6030582 23682 863607 128113 7152 92 3908 3908 979090 1000000 20910 2 25158 308655 136503 150000 325750 700000 522250 282915 260683 22232 2992933 2913683 79250 530318 372652 157662 1622532 1358602 285928 572557 572557 5850 5850 2267 2267 82 02 28379 56783 300000 212070 87930 298765 222730 56O35 76OOO 76000 270327 381036 89291 100000 73300 267OO 362 26 36226 2292223 3890372 201829 226600 232308 12292 86303 3625 89928 229771 98102 131669 95890 35830 60060 131135 131135 863OO 863OO 772826 570892 203952 190778 21159 129619 67500 66602 898 2 32000 2 19000 15000 1120000 1120000 2 30000 80000 350000 363350 363350 193100 193100 66900 669OO 17500000 303000 16968592 2 282 06 2563 1560166 1555603 2939 1687579 1682620 1 K 177 Correction of Fire Law Deficiencies Smith Dormitory Correction of Fire Law Deficiencies Howell Dormitory Correction of Fire Law Deficiencies Harrison Dormitory Correction of Fire Law Deficiencies Towers Dormitory Correction of Fire Law Deficiencies Glenn Dormitory Correction of Fire Law Deficiencies YMCA Correction of Fire Law Deficiencies Cloudman Dormitory Correction of Fire Law Deficiencies Chemistry Building Purchase of 128 Fifth Street House Purchase of 313 Sixth Street House Atlantic Drive Retaining Wall Master Development Plan Specifications Cherry Street Utilities Automobile Wash Rack Parking Lot Paving at Callaway Apartments Eighth Street Development Landscaping Regents Cherry Street Utilities Burglar Bars Panic Releases Researoh Air Conditioning Units Chemistry Dept Furniture for 128 Fifth Street Debt Service Library Bldg Plans Debt Service Brown Dormitory Debt Service Cloudman Dormitory Debt Service Harrison Dormitory Debt Service Howell Dormitory Debt Service Trust Fund Rental Property Transfers to Educ and General Funds Planning and Construction Error in transfers from Auxiliary Enterprises 3600 3350 S a le of Pr ope rty Miscellaneous Equipment TOTALS Investments TOTAL jrrtLL LJj J 1 Balance Disburse Balance July 1 1951 Receipts ments Transfers June 30 1952 4 3016 1923615 1920569 a 1762 1627882 1623120 8071 2759350 2751276 1031 1377661 1373633 5132 1856018 1850616 8730 2983511 2971781 1 b 3l90 1192776 1189286 a 2500000 2500000 jfr 1268100 1268100 1012600 1012600 1710011 1710011 v 1 f 96OII 200000 103956 p 1315052 1315052 361J3 361 13 J 285191 285191 J 5ooi6o 517500 17010 250000 26938 223062 27500000 181948 27681918 95000 95000 1 if 309136 309136 111190 I 11190 6000000 6000000 300000 300000 300000 300000 805712 805712 612593 612593 996787 996787 798611 798611 1 y 2682 2070368 2067686 250 250 13200 I32OO 1637638 1637638 10995393 81226618 55380611 66811370 jr 15528826 15528826 15919093 15919093 I 25l 665 67 967551 14 71329731 50892277 t 1 JL y i 178 t 1 ft STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June JO 1952 BALANCE BEGINNING OF YEAR ADDITIONS Earnings on Temporary Investments Governmental Appropriations State of Georgia Board of Regents State of Georgia Building Authority City of Atlanta Fulton County TOTAL GOVERNMENTAL APPROPRIATIONS Sale of Property Houses Transfer from General Funds Planning and Construction Penthouse Research Building Burglar Bars Research Building Remodeling Civil Engineering Building Air Conditioning Units Chem Bldg TOTAL TRANSFERS FROM GENERAL FUNDS Transfer from Auxiliary Funds Bradley Building Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Bond Sinking Fund Rental Property Burge Apartments Trust Fund Rental Property TOTAL TRANSFERS FROM AUX FUNDS TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Land Sigma Chi Williams Street 313 Sixth Street N W 128 Fifth Street N W TOTAL LAND Buildings and Additions to Buildings S Price Gilbert Lib Bldg Plans Bradley Building Rest Room Old Shop Building Plans for Remodeling Old Library Plans for Additional Story Chemistry Annex Building Rewiring Knowles Building Funds for Plant Debt Additions Servioe Total 22865920 18129473 10995395 286160 286160 47750000 1 47750000 6000000 6000000 2500040 2500040 2500000 2500000 527500i40 6000000 58750040 13200 13200 2682 2682 66900 66900 95000 95000 193100 193100 309136 309136 666818 666818 2200000 2200000 300000 300000 300000 300000 805712 805712 612593 612593 13239818 13239818 2749358 2749358 306132 306132 996787 996787 255490 16254910 2l5104 5868558 22511070 81226618 3350 3350 150000 150000 210000 210000 363350 nr 363351 783857 783857 6030582 6030582 1000000 1000000 308655 306655 325750 325750 260683 260683 179 Funds for Plant Debt Additions Service Total Expended for Plant Additions Continued Buildings and Additions to Buildings Storage Building Research Area No 2 2913683 2913683 Aluminum Building Research Area No 2 37265k 372651 Penthouse Research Building 66900 669OO Correction of Fire Law Deficiencies Harris Dormitory 3209 32I09 Correction of Fire Law Deficiencies Brown Dormitory 35O57 35057 Correction of Fire Law Deficiencies Smith Dormitory 37376 37376 Correction of Fire Law Deficiencies Howell Dormitory 33820 33820 Correction of Fire Law Deficiencies Harrison Dormitory 5732 57342 Correction of Fire Law Deficiencies Towers Dormitory 28635 28635 Correction of Fire Law Deficiencies Glenn Dormitory 38580 38580 Correction of Fire Law Deficiencies YiiCA 61996 61996 Correction of Fire Law Deficiencies Cloudman Dormitory 2I852 21852 128 Fifth Street 1268100 1268100 313 Sixth Street 1012600 1012600 TOTAL BUILDINGS AND ADDITIONS 11693531 11693531 Improvements Other Than Buildings Electrical Distribution System 135860U 1358601 Drill Field Improvement 212070 212070 Fenoing Express Highway 212730 212730 Paving Drives and Sidewalks 739527 739527 Atlantic Drive Retaining Wall 17 loo U 17uooi4i Master Development Plan 96OI4 96011 Cherry Street Utilities 1318052 1315052 Automobile Wash Rack 36113 36113 Eighth Street Development 5001 60 5001 60 Landscaping Architecture Building 26938 26938 TOTAL IMPROVEMENTS OTHER THAN BLDGS i 62767909 i 6267909 Equipment Industrial Engineering Laboratory 118390 118390 Air Conditioning T Room 36 16 36II6 Bradley Building 3890361 3890371 Furniture Brown Dormitory 231308 231308 Furniture Glenn Dormitory 3615 36U5 Furniture Harris Dormitory 98102 98102 Furniture Smith Dormitory 35830 35830 Furniture Harrison Dormitory 57089i 570894 Furniture Howell Dormitory 11159 41159 Lights for Chemistry Department 66602 66602 Gas Truck Lift 1 19000 19000 Burglar Bars Panio Releases Research 950OO 95OOO Air Conditioning Units Chem Bldg 309136 309136 Furniture 128 Fifth Street i11190 1 III90 TOTAL EQUIPMENT 6360076 6360076 TOTAL EXPENDED FOR PLANT ADDITIONS 180 2768li866 27681866 Funds for Plant Debt 1 A Additions Service Total A A DEDUCTIONS Continued f 1 Indebtedness Retired V k Library Building Plans 6000000 6000000 Bonds Retired 9400000 9400000 Trust Funds k M Brown Dormitory liii iliii Cloudman Dormitory 185546 185566 1 Harrison Dormitory 519151 549451 j Howell Dormitory U12305 412305 Rental Property 779364 779364 f TOTAL INDEBTEDNESS RETIRED 172 707 80 17470780 01 Other Deductions L I h Interest on Indebtedness 1 Bonds 6059250 6059250 k L Trust Funds Brown Dormitory 155886 155886 k Cloudman Dormitory 116454 V k 4 Harrison Dormitory 256261 256261 Howell Dormitory 200288 200238 V k Rental Property 217423 2171 23 s TOTAL INTEREST 7003562 7003562 Other Expenditures Not Capitalized 0 1 Fraternity Housing Plans 148113 148113 r Miscellaneous Electrical Equipment 48379 48379 i Planning and Construction 2070368 2070368 Miscellaneous Atlanta A Fulton County 155962 155962 r TOTAL EXPENDITURES NOT CAPITALIZED F2T22822 2622822 j Transfers to General Funds 798611 t 798611 r TOTAL DEDUCTIONS 30906299 26474342 55380641 r BALANCE END OF YEAR 506 l169 16196201 66841570 V i y I V If f 9 I I 4 M j i f SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 I95I ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures TOTAL ADDITIONS VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS DEDUCTIONS DURING YEAR Houses Sold and Destroyed DEDUCT PLANT INDEBTEDNESS Bonds Outstanding Due Endowment Funds INVESTMENT IN PLANT JUNE 30 1952 16931 li j177 27681866 27561071 3255209 5832llul46 1751738623 1970000 1719768623 259900000 2615530 286055601 1163732619 182 STATEMENT OF INVESTMENT IN PLANT For Year Ended June JO 1952 Investment Beginning of Year Additions Deductions Investment End of Ye ar LAND C amp us 126031800 363350 126398150 OffCampus Willio Faria 1891780 1891780 TOTAL LAND 127929580 36330 BUILDINGS Adrai tii strati on 7000000 7000000 Knowles 5000000 260633 52606 83 Guggenheim Aeronautics 9800000 9800000 Aeronautics Shop 200000 200000 Aeronautics Office 100000 100000 688 Cherry Street Architecture 180000 180000 70i Cherry Street Architecture 180000 180000 708 Cherry Street Architecture 180000 180000 712 Cherry Street Architecture 180000 180000 66l Plum Street Architecture 180000 180000 Hanger Type Architecture Building 508729 508729 63913 Hemphill Ave Architecture 360000 360000 Ceramic Engineering 1900000 1000000 Civil Engineering 15500000 15500000 Electrical Engineering 1500000 1500000 Electronics Research Temporary 200000 200000 Engineering Drawing and Mechanical 17300000 17300000 287 Ponce de Leon Industrial Eng 180000 180000 278 Ponce de Leon Eng Drawing 180000 180000 Mechanical Engineering 21000000 21000000 Mechanical Engineering Temporary 150000 150000 273 Ponce de Leon Meonanical Eng 180000 180000 680 Cherry Street Safety Engineering 180000 180000 Hightower Textile Building 109752708 109752708 Old Shop Building 61 577 83 1000000 7l 57783 Old Shop Annex 200000 200000 272 Third Street Electric Shop 150000 150000 Lyman Hall Chemistry 15500000 15500000 Chemical Engineering Temporary i20000 k 20000 Chemistry Annex 5000000 325750 5325750 Chemistry Annex Temporary 1 200 00 i 200 00 Physics Building 18007022 18007022 774 Ponce de Leon Psychol ogy 180000 180000 Military 1000000 1000000 Rifle Range 300000 300000 713 Cherry Street Military 130000 180000 73u Cherry Street Air Forces 250000 250000 Classroom Building Plans 359250 359250 716 Cherry Street ROTC i50000 500 00 Naval Armory 10200000 10200000 A French Building 7026003 7026803 Modern Languages 1671481 16711 81 Engineering Experiment Station 9I 000 00 9 000 00 Calculator Building 15000000 13000000 719 Cherry Street Research Annex 2 180000 180000 713 Cherry Street Photo Lab 180000 180000 709 Cherry Street Research Annex 180000 180000 B B UIiiflNGS C onti nued Naval Research Building White Frame House Research 1 Storage Building Research 2 Aluminum Building Research Crystal Oscillator Lab Research Annex 3 Hinman Research Building 663 Plum Street Hotel Adm Swann Building 283 Ponce de Leon Extension Division Auditorium Gymnasium Power Plant Pump Station Post Office and Stock Room Garage and Warehouse Greenhouse Boiler House Greenhouse 268 Ponce de Leon Veteran Guidance 277 Ponce de Leon Veteran Guidance 6914 Cherry Street Planning and Const Library S Price Gilberx Library Hos pital YMCA Willeo Farm threeroom house Willed Farm 3 houses 150000 Willeo Farm 3roon house Willeo Farm Barn Willeo Farm Outhouse Crenshaw Field House Athletic Office Building Rose Bowl Storage Room Presidents Home 20l North Avenue br Brittain Rear 2Ql North Avenue Brown Dormitory C1 oudraan D ormit ory Harris Dormitory Harrison Dormitory Howell Dormitory Glenn Smith Towers Dormitories Burge Apartments Callaway Apartments Brittain Dining Hall and Additions Boiler House Dining Hall Store and Locker Room Dining Hall Bradley Building 167 Fourth Street Rental 171 Fourth Street Rental 179 Fourth Street Rental 189 Fourth Street Rental Investment Beginning of Year Additions Deductions Investment End of Year 19914600 t 1 1991600 300000 300000 212567 2913683 3126250 90000 37265U i62651 50000 50000 250000 250000 3it7U0273 66900 31807173 180000 180000 5000000 5000000 180000 180000 26600000 26600000 21100000 21100000 100000 100000 500000 500000 1111767 1111767 80000 80000 100000 100000 180000 180000 180000 180000 180000 180000 3151812 308655 3U63U97 7309l 58 783857 8093315 2700000 2700000 7000000 61996 7061996 l 50000 l50000 U50000 i50000 225000 225000 90000 90000 15000 15000 1500000 1500000 7000000 7000000 150000 150000 10279155 10279155 1170000 1170000 50000 50000 5800000 35057 5835057 7700000 21852 7721852 7100000 32109 71321 09 15200000 57312 152573U2 13720000 33820 13753820 159583503 101591 159688091 68371220 68371220 132951595 13295U395 196311 83 196311 83 100000 100000 200000 200000 10629183 6030582 16659765 350000 350000 1309000 1309000 1350000 1350000 801758 801758 A A V v IV t s l i 1 184 1 Investment Investment Beginning End of of Year Additions Deductions Year BUILDINGS Continued Rear 179 Fourth Street Garage Apt 100000 100000 313 Fourth Street Rental 225000 225000 317 Fourth Street Rental 360000 360000 373 Fourth Street Rental 360000 3i60000 128 Fifth Street 1268100 1268100 259 Fifth Street Rental 360000 350000 260 Fifth Street Rental 360000 360000 269 Fifth Street Rental 360000 360000 276 Fifth Street Rental 360000 360000 286 Fifth Street Rental 360000 360000 296 Fifth Street Rental 360000 360000 311 Fifth Street Rental 360000 360000 313 Sixth Street 1012600 1012600 259 Eighth Street Rental 800000 800000 294 Tenth Street Rental 450000 450000 714 Teohwood Rental 450000 450000 737 Teohwood Rental 1500000 1500000 792 Teohwood Rental 450000 450000 682 Plum Street Rental 200000 200000 83S Plum Street Rental 400000 400000 875 Plum Street Rental 400000 400000 879 Plum Street Rental 400000 400000 885 Plum Street Rental 400000 400000 889 Plum Street Rental 400000 400000 899 Plum Street Rental 400000 600000 905 Plum Street Rental 400000 400000 836 Cherry Street Rental 400000 400000 816 Cherry Street Rente 400000 600000 890 Cherry Street Rental 400000 400000 856 Cherry Street Rental 400000 400000 866 Cherry Street Rental 400000 400000 870 Cherry Street Rental 400000 400000 876 Cherry Street Rental 400000 400000 880 Cherrv Street Rental 400000 400000 886 Cherry Street Rental 400000 400000 906 Cherrv Street Rental 400000 400000 889 Atlantic Drive Rental 150000 150000 TOTAL BUILDINGS 8y854749v60 898198511 IMPROVEMENTS OTHER THAN BUILDINGS Rose Bowl Stands 7000000 4 4 7000000 Tennis Courts 4642845 4642845 Plans Miscellaneous 76000 96014 172014 Grant Field 94729503 94729505 Steam and Electric System 26233948 2673656 28907604 Sidewalks Streets Fences Etc 20399633 3498209 23897842 Water System 11553600 11553600 TOTAL IMPROVEMENTS OTHER THAN 170903438 BUILDINGS 164635529 6267909 EQUIPMENT Administrative Offices 10440022 53637 10974659 Physical Plant 6425530 2186997 66440427 Library 56152333 5589802 61742135 Investment Beginning of Year Addita ors Deductions Investment End of Year D EQUIPMBNT Continued Hospital 2701703 55440 27571li Instructional Departments 237675501 6543245 244218746 Organized Research 60086701 11969545 72056246 Extension Division 1950635 250229 2200664 Apartments 94116 49 I45O3O 9456679 Dormitories 28403176 1118069 29521245 Dining Halls 10134869 4551482 lii686351 College Inn Presidents Home 8774126 3833491 2295810 11060936 3835691 Rental Property 100817 566766 667583 Technical Institute YMCA 214014415 49220 1294604 22699019 49220 TOTAL EQUIPMENT 515374088 36006656 552373716 TOTAL INVESTMENT IN PLANT 0693414177 1583214446 vO 9 50 0 1769768623 PROPERTY UNDER LEASE For Year Ended June 30 1952 Investment Beginning of Year Additions Investment End of Deductions Year NAVY BASE Building 8 15000000 1 19000000 Building 9 19800000 19800000 Building iflQA 3390000 3390000 Building 11 7980000 7980000 Building 12 7980000 7980000 Building 13 7980000 7980000 Building 17 12110000 12110000 Building if 19 17100000 17100000 Building 20 17100000 17100000 Building 24 13550000 13550000 Gymnasium 10000000 10000000 TECHWOOD DORMITORY 25000000 25000000 LAWSON APARTMENTS 120000000 120000000 TOTAL BUILDINGS UNDER IEASE 1276990000 276990000 186 FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 North Georgia College Dahlonega Georgia BALANCE SHEET June 30 195 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand Cash in Bank Accounts Receivable Board of Regents Veterans Administration TOTAL GENERAL FUNDS 200000 3097713 621777 360100 10 3 01877 1302590 B AUXILIARY Cash on Hand Cash in Bank Accounts Receivable Veterans Administration Stores inventories TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS l5ooo 6811390 13950 59 l51i 91 0 12878831 4 II AGENCY FUNDS Cash in Bank Investments TOTAL AGENCY FUNDS III STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments TOTAL STUDENT FUNDS 1818887 311 50 69611 11500 5ooooo 171811 21 1880337 581111 IV PLAIT FUNDS UNEXPENDED Cash in Bank 5628718 ED nk iJjLD Land Improvements other than buildings Buildings Equipment TOTAL EXPENDED 31 5oo oo 13798580 137785892 11913233 199977705 TOTAL PLANT FUNDS TOTAL ASSETS 205606123 225219292 188 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income General Surplus TOTAL GENERAL FUNDS B AUX ILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for stores Inventories Auxiliary Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS 11 AGxjNCi i1 ULDo Fund Balances TOTAL AGENCY FUNDS III STUDENT LOAN FUNDS Fund Balances TOTAL STUDENT LOAN FUNDS IV A UNEXPENDED Purchase Orders Outstanding Contracts Negotiated Contracts to be Negotiated TOTAL UNEXPENDED B INVESTED IN PLANT Loans Payable Net Investment in Plant TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES 17678 11 696 36 886000 1929276 1302 590 5761 132917 122625 5915191 6072007 12878831 I 171311421 1880337 1880337 581111 581111 907615 2682660 203381l3 5628718 3529l83 l961l48222 199977705 2056061423 2252U9292 189 STATEMENT OF CURRENT INCOME For Year Ended 30 June 1952 A EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition Matriculation Health Service Summer Session Other TOTAL STUDENT FEES 3 111631 7266871 658215 1783277 78050 3 102010 IE PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Amount Unpaid at End of Xear 26300000 621777 3 26175223 OTHER SOURCES Sales Land Script TOTAL OTHER SOURCES 6012 160000 I46dC2 TOTAL EDUCATIONAL AND GENERAL i 36Sh2339 AUXILIARY INCOME BOOKSTORE 1673836 DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall TOTAL DORMITORIES DINING HALL 1237100 1381055 1596710 516902 186605 S h9hU372 15081667 FARM AND DAIRY 3 17858hh UNIFORM EXCHANGE 3 2119861 STUDENTS EXCHANGE 356897 STAFF HOUSING REGULAR STAFF HOUSING SPECIAL 3 912631 372332 VETERAN HOUSING 33338 TOTAL AUXILIARY INCOME 3 31109858 TOTAL CURRENT INCOME 67652197 190 M 4 fP STATEMENT OF CURRENT EXPENDITURES Year Ended June 30 1952 Object Classification rji Operating Fund Classification Salaries Supplies General Res tricted Wages Expense Equipment V A EDUCATIONAL GENERAL ADMINISTRATIVE GENERAL President 1192163 1090008 102155 18150 1 Comptroller 1678091 1518155 111786 Registrar 687525 619075 50000 181 50 General 95392 12810 911132 1 i TOTAL ADMIN GENERAL U511721 3300018 1175073 366OO U STUDENT WELFARE 768 i 4 Dean of Men 578028 552260 25000 Dean of Women 3olool 299001 5000 4 Student Hospital 1076178 773153 253716 9309 General 296217 222110 7U077 TOTAL STUDENT WELFARE 2251127 1816557 if 357793 50077 V 4 PHYSICAL PLANT 817071 Operation 7999133 3782515 3399511 1 J Utilities 522663 522663 sr TOTAL PHYSICAL PLANT 1 8521756 S 3762515 3922207 817071 1 1 LIBRARY 1826038 911323 527733 386982 INSTRUCTION 1 f Dean of Faculty 673126 612909 60217 J i y Biology 13579 12761 15 110139 19210 Chemistry 1119607 93235 17362 11730 Business Administration 1665971 1611328 38398 1325 Education 111 57359 1321201 89I 58 3700 M Guidance 181708 1 15616 66062 f Home Economics 771525 537935 95919 137671 Languages Literature 2182125 22565 561 80 1 Mathematics 1265090 1232090 20000 13000 Military 115720 97920 250 5350 Physical Education 1358250 1111163 178358 35729 Physics 1071136 912910 72715 581 81 A Social Science 1390386 1361328 26585 2973 t Summer Session 2567790 2517000 20790 TOTAL INSTRUCTION 17889087 16166755 1051213 371089 M RESEARCH Chemistry 25782 1 25782 L TOTAL EDUC AND GEN EXP 35003069 25782 26307198 7059831 3661822 NON EXPENSE Refund of Research Grant TOTAL EDUC GEN DISB 101711 35003069 30l 93 191 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification Operating Fund Classification Salaries Supplies General Restricted Wages Expenses Equipment AUXILIARY ENTERPRISE DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall 65396 6961 93 1007U95 326861 331278 261i935 365682 201325 It72092 287306 683916 10215U 223U37 30979 217555 23339 23076 36273 1270 8271ii TOTAL DORMITORIES 3016083 886699 1962682 166702 DINING HALL Il09jf 3361523 10li9lU20 l66l9U FARM AND DAIRY 597133 v 516681 1 8olt52 UNIFORM EXCHANGE I 2U0U076 133930 2251t576 15570 STUDENTS EXCHANGE 3169307 ii56003 270205U 11250 BOOKSTORE UiUU903 2UUU0ii 1230li99 STAFF HOUSING REGULAR 709059 lli57U7 385039 178273 STAFF HOUSING SPECIAL 127U26 Iil51t6 85880 VETERAN HOUSING I 29U917 116585 f 1W332 TOTAL AUXILIARY EXPENDITURES 257820Ul 1 5903118 193U093U 537989 NONEXPENSE Transfer to Plant Funds 998975 TOTAL AUXILIARY DISB 26781016 TOTAL CURRENT EXPENDITURES 60785110 257 82 32210316 2668215U 2199811 STATEMENT OF TRUST FUND BALANCES Year Ended June 30 1952 Loan Funds BALANCE OF PRINCIPAL BEGINNING OF YEAR ADDITIONS Receipts Income on Investments Income on Loans TOTAL ADDITIONS BALANCE OF PRINCIPAL END OF YEAR 68393 11500 1218 1271 81111 192 STATEMENT OF TRUST FUND BALANCES BY FUND Year Ended June 30 1952 Fund Balance Fund Balance Beginning of End of Year Additions Deductions Year LOAN FUNDS John H Moore 568393 12718 581111 TOTAL TRUST FUND 568393 12718 3 581111 SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 Book Market Value Value LOAN FUNDS Bonds Governmental 500000 I 500000 Student Notes Receivable 11500 11500 TOTAL LOAN FUNDS 8T 511500 3 5ii5oo TOTAL TRUST FUND INVESTMENTS 5n5oo 5n5oo STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30 1952 Cash Balance Receipts Disbursements July 1 1951 for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Restricted Auxiliary 17581 13 l30i93 2560518 36512339 31109858 35003069 l30l 93 26781016 3297713 6889390 TOTAL CURRENT FUNDS 67652197 361911578 10187103 AGENCY FUNDS 2050689 5312701 3 5511506 1818887 LOAN FUNDS 50393 22718 3500 696ll PUNT FUNDS 71102 10038975 1181659 5628718 TOTALS 6621968 83026591 71917213 17731319 193 STATEMENT OF AGENCY FUNDS Year Ended June 30 1952 Cash Balance July 1 1951 Receipts For Year Disbursements for Year Cash Balance June 30 193 Bookstore Deposits Uniform Deposits Breakage Deposits Iiisc Student Deposits Student Activities I 33010 367699 799629 kk65 7 80069k tjj 2768107 588125 20285 1935387 1 530 2930583 682039 1951k I83l8k0 37k80 155523 705715 k5k23 9Ok7kl TOTALS 2050689 53127Ok 55lk5o6 5l8k3387 STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1952 Funds For Plant Additions Debt Service TOTAL BALANCE BEGINNING OF YEAR 7kk02 7IT02 ADDITIONS Governmental Appropriation State of Georgia Transfer from Auxiliary Funds o o o o o o o o o A N O CO Os 198975 90k0000 993975 TOTAL ADDITIONS 198kOOOO s 198975 iOO3B975 DEDUCTIONS Expended for fiant Additions Buildings and Additions to Buildings Price Memorial 107505 107505 Veterans Apartments 7037k8 7037k8 Business Administration 103319 103319 Auditorium 165000 165000 Barracks 8301ko 8301ko Library 118903 118903 Infirmary 118903 115903 Gymnasium 118903 118903 Home Economics 90200 90200 Military 180300 180300 Band House 3k0200 3k0200 Academic 160000 160000 TOTAL BUILDINGS AND ADDITIONS TO BLDGS 3037121 3037121 Improvements Other Than 3uildings Electrical System 9k760 9k760 TOTAL EXPENDED FOR PLANT ADDITIONS 3131001 3131881 Indebtedness Retired Univ rsity of Georgia Endowment Funds 90379 90379 Other Deductions Interest on Indebtedness University of Georgia Endoxmient Funds 108596 108596 STATEMENT OF UNEXPENDED PLANT FUNDS Continued 2 DEDUCTIONS Other Deductions Continued Other Expenditures not Capitalized Price Memorial Academic Veterans Apartments Business Administration Home Economics Military Band House Barracks Rebuild Tennis Courts Other TOTAL EXPENDITURES NOT CAPITALIZED TOTAL OTHER DEDUCTIONS TOTAL DEDUCTIONS BALANCE END OF YEAR Funds For Plant Additions Debt Service Total 11185 76915 23W6 9 113082 113950 13535U 183197 26109 103390 96152 11185 76915 23UU69 113082 113950 13535k 183197 26109 103390 96152 1153803 31153803 1153803 108596 1262399 1285681 198975 Wi81j6S9 5628718 5628718 SUMMARY OF INVESTMENT IN PLANT As Of June 30 1952 p m 4mi VALUE OF PLANT JULY 1 1951 ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures TOTAL ADDITIONS VALUE OF PLANT PLUS ADDITIONS June 30 1952 DEDUCTIONS Sale of Farm Equipment Abandoned Two Farm Buildings TOTAL DEDUCTIONS VALUE OF PLANT JUNE 30 1952 DEDUCT Plant Indebtedness Due University of Georgia Endowment Funds INVESTMENT IN PLANT June 30 1952 l97k39285 3131881 1661822 537989 5331692 202770977 27h3272 50000 2793272 199977705 3529183 l96kl48222 I t i i I 195 STATEMENT OF INVESTMENT IN PLANT Year Ended June 30 1952 Investment Investment Beginning End of Year Additions Deductions of Year LAND Old Campus 31y Acres 1650000 1650000 New Campus 30 Acres 600000 600000 Old Farm 120 Acres li00000 h00000 New Farm 352 Acres 800000 800000 TOTAL LAND 1 3l50000 1 3L50000 BUILDINGS Academic 10000000 160000 9 10160000 Price Memorial 10000000 107505 10107505 Business Administration Ii000000 103319 Ul03319 Home Economics 000000 90200 1090200 Military 000000 180300 U 80300 Science 28720000 28720000 Library 5500000 118903 5613903 Auditorium Dining Hall 11161191 165000 11329U9ii Gymnasium 3000000 118903 3118903 Band House 1800000 310200 2110200 Barnes Hall 8537830 8537830 Barracks 9620597 830110 10li50737 Sanford Hall 1300000 1300000 Infirmary 1800000 118903 1918903 Military Garage 1306311 1306311 7 Maintenance Buildings 660000 660000 Loggins House 221713 2217U3 3 Janitors Homes 670000 670000 U Unit Faculty Apartments 1000000 1000000 1 Faculty Home 500000 500000 k Faculty Homes 2k00000 200000 3 Faculty Homes 3900000 3900000 3 Faculty Homes 3000000 3000000 6 Faculty Homes 5300000 5300000 Faculty Garage 162796 162796 Cow Barn 250000 250000 12 Farm Buildings 855000 50000 805000 3 Six Unit Veteran Apts 5130000 703718 5833718 TOTAL BUILDINGS 3131798771 3037121 ft 50000 313778589 IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks 5100000 5100000 Lighting System 2500000 91760 2591760 Water System 2133820 2133820 Sewer System 3970000 3970000 TOTAL IMPROVEMENTS 13703820 f 91760 S 13798580 196 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Beginning End Of Year Additions Deductions Of Year EQUIPMENT Administrative Offices 1816351 36600 1882951 Physical Plant 10758U37 867151 31625588 Library 6101926 386982 6788908 Instructional Departments 16866519 371089 17237638 Dormitories 223iil05 166702 2li00807 Dining Hall 30IM 21 16619k 3210615 Farm 313511 9 12713272 391877 Faculty Staff Housing 681719 178273 859992 Students Exchange 22U37 26820 217257 Veteran Housing 297600 297600 TOTAL EQUIPMENT 15169h f2199811 27 l43272 3 11913233 19713928g 5331692 2793272 199977705 TOTAL INVESTED IN PLANT GEORGIA STATE COLLEGE FOR WOMEN FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 Georgia State College for Women Milledgeville Georgia 199 BALANCE SHEET JUNE 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable 5060791 3992997 TOTAL GENERAL FUNDS 9053788 B RESTRICTED Cash in Bank Temporary Investments Accounts Receivable 353899 100000 11101 73 TOTAL RESTRICTED FUNDS 856571 C AUXILIARY ENTERPRISES Cash in Bank Stores 10010208 1689952 TOTAL AUXILIARY FUNDS 11730160 TOTAL CURRENT FUNDS 21610522 II AGENCY FUNDS Cash in Bank lll9l57 III ENDOWMENT FUNDS Cash in Bank Investments U S Securities GSCW Buildings 5620000 111 11112 371218 20031112 TOTAL ENDOWMENT FUNDS 201 08390 IV STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments U S Securities Other Bonds 1322370 1661853 13956125 675000 11631125 TOTAL STUDENT LOAN FUNDS 17615318 4 j V f 4 A fw A w t V PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings 111 21351 26236965 2651 17891 f Ik t b O 1 1 200 4 r BALANCE SHEET JUNE 30 1952 ASSETS Continued V PLANT FUNDS Continued B EXPENDED f Improvements Other Than Bldgs 31325000 ti Equipment 119731508 TOTAL EXPENDED V V TOTAL PLANT FUNDS jk 4 TOTAL ASSETS 11 LIABILITIES H I CURRENT FUNDS A GENERAL Accounts Payable ft 7l7iOi Purchase Orders Outstanding 399710 Summer School Salaries Payable 3696075 Other Reserves 750000 Surplus 31i 59799 TOTAL GENERAL FUNDS f B RESTRICTED Ik Fund Balance Jp C AUXILIARY Accounts Payable 688317 Purchase Orders Outstanding 266121 V Unearned Income 1709500 Reserve for Stores L689952 Other Reserves 1521250 1 Surplus 5855020 TOTAL AUXILIARY FUNDS a TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance III ENDOWMENT FUNDS Fund Balance IV STUDENT LOAN FUNDS Fund Balance tU2711367 fill 51135721 518219L 38 9053788 856571 11730160 21610522 lil9l57 20U08390 1761538 201 BALANCE SHEET JUNE 30 1952 LIABILITIES Continued V PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Due to Other Funds Investment in Plant 11U 21351 111411112 128297225 TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES A EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Health Service Summer School Music Placement Bureau TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Less Amt Unpaid End of Year Vocational Funds Division of General Extension Baldwin County State Dept of Education TOTAL PUBLIC APPROPRIATIONS GIFTS AND GRANTS Rockefeller Foundation OTHER SOURCES Nursery School Miscellaneous TOTAL OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL INCOME 19900000 rN f 202 112711367 INCOME 30 1952 151135721 9182191 38 i p A r P 4 r H General Restricted Income Income Total la 7806132 78061 32 A t 307161 307161 876700 876700 n 1953510 1993510 A 1 911 10 191110 13600 13600 1 r 111 18816 111 18816 y t 11907003 11907003 1989377 1989377 160000 160000 t A 57l81i35 57181 35 2871 2871 A r 12069877 7707812 19777689 A r 200000 200000 ft i 0 1 357625 357625 mf r 301763 301763 Ve 659388 659388 1 97178081 7907812 65089893 H V 4 K 1 0 b STATEMENT OF CURRENT INCOME Continued General Restricted Income Income Total AUXILIARY ENTERPRISES Cafeteria 2778166 27 781 66 Dining Hall 20381163 20381163 Dormitories Atkinson 36651 36651 Beeson 1261587 1261587 Bell and Annex li97668 11 97668 Ennis 700761 700761 Mansion Annex 1 011 17 l0lll7 Mayfair 8027 8027 Sanford 980561 980561 Terrell and Annexes 2116857 2116857 Miller 570719 570719 TOTAL DORMITORIES F75785JTET 7580311 Apartments iOL6250 1016250 Laundry 3131265 3131265 Livestock Project 163581 1 63581 Student Union 2311726 2311726 TOTAL AUXILIARY ENTERPRISE INCOME 37695762 37695762 OTHER NONEDUCATIONAL Gifts and Grants 100000 100000 Endowment 518198 518198 TOTAL OTHER NONEDUCATIONAL 618198 618198 TOTAL CURRENT INCOME 91873813 8526310 1031 00153 203 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Administrative Dean Alumnae Office Comptrollers Office Presidents Office Public Relations Registrars Office General Expense TOTAL ADM GENERAL STUDENT WELFARE Dean of Women Student Personnel Placement Bureau Student Hospital Voluntary Religious Activity Lake Laurel Camp Ray TOTAL STUDENT WELFARE PLANT OPERATION LIBRARY INSTRUCTION Art Biology Business Administration Chemistry Education English Romance Languages Health and Physical Educ History Home Economics Home Management Mathematics Music Nursery School Peabody Practice School Physic Social Studies Philosophy General Instruction Summer School TOTAL INSTRUCTION Object Classification Fund Classification General Restricted Salaries and Wages Operating Supplies Expense Equipment 58086 526250 31833 U91116 3985OU 86087 6525 171995U lU83232 129U52 107270 1JUJU7581 1282500 165081 316521 22U980 915U1 U250 766036 667523 9U263 1802610 2U26U6 155996U 710190U U825638 2158221 1180U5 6090U1 575000 23291 10750 1U3191 1U0990 2201 131288 108000 23288 1503078 176256 9899U6 176256 513132 119501 60000 U5502 13999 96839 UU612 2U217 28010 277919U 209U80U 631631 52759 9597897 5358671 UO787U7 l6oU79 3275038 209U329 98356 1082353 535806 U87776 U1306 672U 1U03376 1222965 125617 5U79U 2926251 226U29 186732 U75225 888805 737918 1U0887 10000 16U5U0U 1585220 6018U 2928858 2920122 8736 1267523 12339U1 33582 1U300 2521298 2392565 11UU33 813688 810600 3088 6U3U5 2901510 2652197 18U968 268188 28200 239988 9131U7 903660 91 87 2639600 2368061 251610 19929 716630 563301 lli9251 U078 2132106 6029203 7829196 237Ull 9U702 550830 503892 16938 12365 2U588o8 2311193 1U950 577859 57U920 2939 1035976 U62U57 573519 1933U31 1765750 167681 3105909U 6029203 33738528 2593307 756U62 204 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification Fund Classification Salaries and Operating Spplies General Restricted Wages Expense hquipmenu RESEARCH 1911k 200000 90662 89297 39155 EXTENSION Vocational Home Economics General Extension 2000931 175611 15914752 17561a i 06182 TOTAL EXTENSION 175611 2000931 1770393 1 06182 TOTAL EDUC AND GEN EXPEND 1007882 8230137 49973025 10055711 2209253 AUXILIARY ENTERPRISES Cafeteria 2323007 7426I1I 1530366 Dining Hall 17575896 3123962 111519314 Dormitories Atkinson Beeson Bell and Annex Ennis Mansion Annex Miller Sanford Terrell and Annexes 36350 790990 1117711 822913 125605 273710 938101 1501731 13200 1 561 76 621302 531792 111975 98270 612013 7531 71 23150 310980 1 8I5OO 279212 280630 1751 10 311179 711351 23531 11909 11909 11909 6909 TOTAL DORMITORIES 5907111 3231199 2606774 Ip 66170 Apartments Laundry Livestock Project Student Union 261061 2918918 155711 2360791 1 75366 2023183 157721 186298 536265 155711 1677870 i 369500 25200 TOTAL AUXILIARY EXPENDITURES 315331491 10007372 21015219 1 80870 NONEXPENSE Transfer to Plant Funds 2890553 TOTAL AUXILIARY DISBURSEMENTS 3U 21011 OTHER NONEDUCATIONAL Scholarships TOTAL CURRENT EXPENDITURES Ijli9l496 li9l96 85511373 8679633 59980397 315501466 2690123 TOTAL CURRENT EXPENDITURES STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1952 Balance Balance Beginning Receipts Disbursements End of Year for Year for Year of Year A EDUCATIONAL AND GENERAL Baldwin County Vocational Home Economics Rockefeller Foundation 255900 553258 5718135 1989377 200000 6029203 555668 2000935 555805 200000 TOTAL EDUCATIONAL AND GENERAL 788158 7907812 8230137 1110573 B OTHER NONEDUCATIONAL Scholarships A A Lowe Fund Thomaston Mills Sylvester Mumford Memorial Writers Fund 5677 50000 521895 10000 10000 100000 508598 7500 8177 99996 50005 352000 688393 10000 TOTAL OTHER NONEDUCATIONAL 587572 618598 559596 756575 TOTAL RESTRICTED FUNDS 200576 8526310 8679633 353899 STATEMENT OF For Year CHANGES IN CASH BALANCES Ended June 30 1952 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Yearfor Year June 30 1952 CURRENT FUNDS General 1890592 57178081 55007882 5060791 Restricted 200576 8526310 8679633 353899 Auxiliary 6768590 37695762 35525055 10050208 TOTAL CURRENT FUNDS 8558506 103500153 97111559 15757100 AGENCY FUNDS 1551522 5885753 5876718 1559557 PLANT FUNDS 3712101 13510553 T 5728300 11525351 TRUST FUNDS 5655060 Loan 670293 5307137 1322370 Endowment 3322 1969525 1598598 375258 TOTAL TRUST FUNDS 673615 7276561 6253558 1696618 TOTAL 15285655 1 0 CM 0 CM O s O O a i 115970135 29317529 BANK BALANCES Milledgeville Banking Company Exchange Bank of Milledgeville 28511750 905779 TOTAL 29317529 206 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1952 f I 4 f ihr rf UN V I wi t Endowment Loan Funds Funds Total BALANCE OF PRINCIPAL BEGINNING OF YEAR 20608390 130291417 33637807 ADDITIONS Gifts and Grants 6196651 6196651 Income on Investments 518698 281512 800010 Transfer from Univ of Ga 109968 109968 TOTAL ADDITIONS 516698 6585931 51011429 DEDUCTIONS Transfer to Restricted Funds 5181498 518U98 BALANCE OF PRINCIPAL END OF YEAR 201408390 176153148 38023738 STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 1952 Fund Balance Fund Balance Beginning End of of Year j Additions Deductions Year ENDOWMENT FUNDS A A Lowe 1400000 10000 10000 1400000 Sylvester Mumford Memorial 20008390 5081498 5 OS1i98 20008390 TOTAL ENDOWMENT FUNDS 20608390 5181498 5181498 201408390 LOAN FUNDS Atlanta GSCW Alumnae 10000 10000 Earl Bailey 50071 5OO7I J L Beeson l32ii80 25OO 1314980 Callie Christie Bell DAR 25627 25627 L D Wimberly Bridges DAR 20000 20000 Corrie Hoyt Brown 2787598 14273977 7061575 Chappell Scholarship 225263 5000 230263 Faculty 10143306 I3750 1057056 History Club 26715 26715 GSCW Student Defense 53650 53650 L Morel 183275 3750 187025 Alice W Shinholser No 1 162115 2500 1614615 Alice W Shinholser No 2 1147761 2500 150261 Anna Brown Small 200931 3750 2014081 Joseph M Terrell 115141406 25000 11791406 Fannie Trammell 715338 13750 729088 Philo S Bennett 109538 2500 112038 Grace Beatty Watson 18835 18835 General David Blackshear 25000 250OO m A 207 STATEMENT OF TRUST FUND BALANCES BY FUNDS Continued Fund Balance Fund Balance Beginning of Year Additions Deductions Year LOAN FUNDS Continued Thomas E Mitchell Thomaston Mills Sylvester Mumford TOTAL LOAN FUNDS U89200S 221218 70683 6886 3398178850 13029U17 U585931 5113226 712569 3U8667 176153U8 TOTAL TRUST FUNDS 38U37307 5lOUU29 5lSU98 380237jjg STATEMENT OF AGENCY FUNDS For Year Ended June 30 192 Balance Balance Beginning Receipts Disbursements End of of Yearfor Year for Year Year Hospitalization and Insurance Account Student Bank Account Student Activities TOTAL AGENCY FUNDS 597139 1033316 1087277 543678 60U75 3079U5U 3077888 62011 783808 1771a83 1711553 8U3708 114 hlh22 588k7j3Jp38 208 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions Funds for Debt Service Total BALANCE BEGINNING OF YEAR 3712101 3712101 ADDITIONS State Appropriation 10550000 7k0553 10550000 Transfer from Auxiliary Funds 2150000 2890553 TOTAL ADDITIONS 12700000 7k0553 13kk0553 DEDUCTIONS Expended for Plant Additions Land Wilkerson and Montgomery Streets 700000 700000 Buildings and Additions to Buildings Residence Wilkerson and Montgomery 1160000 1160000 Residence Wilkerson Street 629829 629829 Terrell Hall 52316k 52316k Bell Hall li9522X k95221 Ennis Hall 9660 9660 Parks Hall 19320 19320 Sanford Hall 9660 966O Improvements Other Than Buildings Landscaping 150000 150000 Equipment 93560 93560 TOTAL EXPENDED FOR PLANT ADDITIONS 3790kIk 3790kIk Loans Repaid Endowment Funds 370926 370926 Other Deductions Interest on Indebtedness 369627 369627 Expenditures Not Capitalized Architects Fees 1116868 1116868 Repairs to Walks and Drives 72775 72775 Other Repairs 7690 7690 TOTAL OTHER DEDUCTIONS 1197333 369627 1566960 TOTAL DEDUCTIONS k9877k7 7k0553 5728300 BALANCE END OF YEAR llk2k35k llk2k35k 209 SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30 1952 VALUE OF PLANT JULY 1 1951 U36230830 ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures 3790818 2209253 880870 TOTAL ADDITIONS 6880537 VALUE OF PLANT JUNE 30 1952 882711367 DEDUCT Loan Payable to Endowment Funds 18818182 NET INVESTMENT IN PLANT JUNE 30 1952 828297225 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Year LAND Main Campus 19 acres 11000000 11000000 Ennis Mansion 3 acres 5000000 5000000 Mavfair Lot 1939 750000 750000 Peabody 2 acres 1937 600000 600000 Boddie Lot Peabody 1980 70000 70000 Rivers Lot Peabody 19U6 180000 180000 Gilbert Park 19U6 1000000 1000000 Lot Wilkerson and Montgomery 1986 850000 850000 Lot Columbia and Greene 19U7 500000 500000 Humber Lot 1988 350000 350000 Sanford Hall Lot 1937 600000 600000 Government Park 1000000 1000000 Lot Montgomery and Wayne 1983 850000 850000 Barnes Lot 1988 200000 200000 Montgomery Street Lot 1988 300000 300000 Gilstrap Lot 1988 200000 200000 Nursery School Lot 1950 250000 250000 Lake Laurel Area 1938 750000 750000 Camp Ray 1981 750000 750000 Lot Montgomery Street 1951 821300 821300 Lot Wilkerson Street 1951 315665 315665 Lot Wilkerson and Montgomery 1952 700000 700000 TOTAL LAND 25536965 700000 26236965 210 STATEMENT OF INVESTMENT TN PLANT Continued B C Investment XnvQs tment Year Beginning End of Acquired of Year Additions Year BUILDINGS Arts 1927 Atkinson 1897 Beeson 1937 Bell and Annex 1925 Chappell 1908 Education 1927 Ennis 1918 Health and Physical Education 1939 Home Management House 19l7 Russell Library 1928 Mansion Annex 1898 The Mansion 1891 Mayfair 1939 Miller 1913 Parkhurst 19i9 Parks 1925 Parks Memorial Hospital 1929 Peabody High School 1927 Peabody Elementary School 1939 Porter Hall and Annex 1939 Russell Auditorium 1928 Sanford 1939 Terrell 1909 Terrell Annex A 1922 Terrell Annex B C 1922 Log Hut 1921 Lake Laurel Houses 1938 Utility Building 19U5 Gilstrap House 19UU Nursery School 1950 Georgia House 1950 Residence Wilkerson and Montgomery 1952 Residence Wilkerson Street 1952 TOTAL BUILDINGS IMPROVEMENTS OTHER THAN BUILDINGS Electric Water Coolers Tennis Courts Landscaping and Shrubbery Campus Bell System Campus Electrical System Heating System Water System Swimming Pool Well Lake Laurel TOTAL IMPROVEMENTS OTHER THAN BLDGS 9265000 9265000 21000000 21000000 11000000 11000000 20080000 495221 20575221 10750000 10750000 5185000 5185000 11310000 9660 11319660 15305886 15305886 3750000 3750000 9935680 9935680 61 00000 61 00000 6500000 6500000 2000000 2000000 5000000 5000000 15750233 15750233 11061600 19320 11080920 5060000 5060000 5025000 5025000 13000000 13000000 10810000 10810000 11685000 11685000 13750000 9660 13759660 12366370 523161 12889531 5000000 5000000 12550000 12550000 350000 350000 1051111 1051111 5000000 5000000 500000 500000 600000 600000 1500160 1500160 1160000 1160000 629829 629829 262571010 2816851 265117891 1 350000 350000 275000 275000 1000000 150000 1150000 150000 150000 1600000 1600000 20000000 20000000 1900000 1900000 2500000 2500000 100000 00000 31175000 150000 31325000 211 STATEMENT OF INVESTMENT IN FLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Year EQUIPMENT Administrative Offices 22715hi 1708Oh 2112315 Physical Plant 20539712 160U79 20700191 Library 21536829 1082353 25619182 Instructional Departments 2h808h06 850022 25658h28 Organized Research 356855 39155 396010 Extension 152895 152895 Cafeteria 1311620 I3lh520 Dining Halls 13575850 13575850 Laundry lilt 37317 389500 h826817 Parkhurst Hall 1161694 ll6h39h Residence Hails 19518227 66170 1958h397 Student Union 2309U9l4 25200 233h69h Hospital 1016811 10168 hi Related Activities 52321h 52321h Campus Equipment 391730 3917JO TOTAL EQUIPMENT 116917825 2783683 119731508 TOTAL INVESTMENT IN PLANT h36230830 61 80537 h h27ll6 212 GEORGIA TEACHERS COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 Georgia Teachers College Collegeboro Georgia 213 II III BALANCE SHEET June 30 1952 4 ASSETS CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable Board of Regents 2702UU2 Veterans Adm 100000 Others 21U5 TOTAL GENERAL FUNDS B AUXILIARY Cash in Bank Accounts Receivable Temporary Investments TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Lands Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS SU23176 2823698 588U28U 50000 10000000 U889900 668U52U0 2800093 38701UU8 82U707U 1593U28U 1185290 8283373 113236681 2U1813S8 1185290 12152005U 1U6886702 gw M 214 A t i i BALANCE SHEET June 30 1952 4 LIABILITIES CURRENT FUNDS A GENERAL Purchase Orders Outstanding Unearned Income Surplus TOTAL GENERAL FUNDS 1 522917 2003265 5720892 821707U B AUXILIARY Accounts Payable Unearned Income Surplus TOTAL AUXILIARY U53517 2295000 13185767 15931281 TOTAL CURRENT FUNDS 2U181358 AGENCY Fund Balance 1185290 PLANT FUNDS A UNEXPENDED Fund Balance 8283373 B EXPENDED Invested in Plant TOTAL PLANT FUNDS 113236681 12152005U TOTAL LIABILITIES SURPLUS AND FUND BALANCES 116686702 215 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition Matriculation Health Service Summer Session Other TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Less Amount Unpaid at End of Yr Bulloch County TOTAL PUBLIC APPROPRIATIONS 1211995 6916731 5301 38 5931612 1 55879 15019658 27000000 2702112 21297558 2982500 27280058 OTHER SOURCES Property Rentals Div of General Extension TOTAL OTHER SOURCES 331211 120000 H 51211 TOTAL EDUCATIONAL AND GENERAL INCOME 12780930 B AUXILIARY ENTERPRISES BOOKSTORE 3998879 DORMITORIES East Hall Lewis Hall Sanford Hall Cottages West Hall TOTAL DORMITORIES DINING HALL FARM OTHER INCOME Interest on Investments TOTAL AUXILIARY INCOME NONINCOME Reimbursement from Building Authority for Architects Fees TOTAL AUXILIARY RECEIPTS TOTAL CURRENT INCOME 830985 686135 1185005 29U893 761575 3758593 11116350 3 686931 133197 22693950 981200 23678150 651 71880 216 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Total Salaries Wages Operating Supplies 8c Expense Equipment EDUCATIONAL AND GENERAL r ADMINISTRATIVE AND GENERAL Business Office 1115209 f 10 231 78 4 79611 4 12117 General 1556983 1523223 33760 Presidents Office 1181692 1139988 6519 38185 Publicity 1 11971 l1000l 31970 Registrars Office 618639 515503 2788 130318 TOTAL ADM GENERAL 1977197 4 3088973 4 1611111 4 2111To STUDENT WELFARE Health Service Placement Bureau 4 106179 135000 4 381219 135000 25230 TOTAL STUDENT WELFARE 4 5lll79 4 516219 25230 PLANT OPERATIONS 4 5761056 4 2037069 4 21 11033 41282951 LIBRARY 4 2275550 1527658 4 30382 I 717510 INSTRUCTION Art 862059 4 715169 4 81123 4 32167 Biology 103733 371991 12739 16000 Chemistry 572228 l761Ol 12798 53026 Commerce 1118125 895861 29867 192391 Deans Office 7091 10 611360 86263 8817 Education 2313273 2295962 2920 11391 English 1320673 1285008 5275 30390 Home Economics 910852 811825 22619 76378 Industrial Arts 1361669 1071796 77132 209111 Laboratory School 6371397 5883250 250591 210556 Mathematics 552557 518170 813 3271 Music 2251851 1700651 181381 372822 Physics 1 11007 361992 19015 Physical Education 1957330 15801 26 96596 280308 Social Science 1677512 1652192 6072 18978 Speech 357072 356358 711 Summer School 1315827 1078533 267291 TOTAL INSTRUCTION 427505638 421739551 4 1216812 1519212 EXTENSION 4 632119 4 631050 4 1069 TOTAL EDUC AND GEN EXPENDITURES 11696339 432510553 5361670 43791116 NONEXPENSE Transfer to Plant Funds 1950000 TOTAL EDUCATIONAL GEN DISBURSEMENTS 413616339 STATEMENT OF CURRENT EXPENDITURES Continued B AUXILIARY ENTERPRISES BOOKSTORE Total 3972061 Object Classification Salaries Wages Operating Supplies Expense Equipment 563473 3107718 200870 DORMITORIES East Hall Lewis Sanford Cottages West 781831 623562 1100175 58087 71998ii 591803 623681 980982 536880 116136 172627 281511 58087 111212 11892 27251 131652 11892 TOTAL DORMITORIES 37639 2730316 80i4603 215690 DINING HALL 12956716 2558921 10221917 175875 FARM 1058616 110365 UU7235 171016 TOTAL AUXILIARY EXPENDITURES 21774092 6099108 11881503 793161 TOTAL CURRENT EXPENDITURES 63470U31 38639661 20213173 1587597 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts for Year Disbursements for Year Cash Balance June 30 1952 CURRENT FUNDS Qpj3pal 6286585 12780930 3616339 Sh23176 Auxiliary TOTAL CURRENT FUNDS 3980226 23678150 21771092 5881281 10260011 66159080 651203i 11307160 PLANT FUNDS AGENCY FUNDS TOTALS 1500000 7800000 1016627 8263373 571335 5U05869 1791911 1185290 123401i46 79661919 71226972 20776123 BANK BALANCES Bulloch County Bank Sea Island Bank 13391839 7381281 20776123 T i I 218 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 0 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 Student Activities 101118 1537125 1330522 105155 Student Bank 1 01983 3081711 3075892 113835 Withholding Tax 10000 10000 Application Deposits 277500 771000 385500 666000 TOTAL AGENCY FUNDS 77133r f5H05669 fU779i9il 11852790 9 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions BALANCE BEGINNING OF YEAR 1500000 ADDITIONS State Appropriation 56 50000 Transfer from Educational General Funds 1950000 DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Biology Building Chemistry Building Laboratory High Improvements Other Than Buildings Swimming Pool Landscaping Equipment Industrial Arts Building Chemistry Building Fire Extinguishers Other Deductions Preliminary Plans New Gym TOTAL DEDUCTIONS 30000 8563 98000 379285 llOi32 102250 1011 27 129170 7800000 989127 27500 1016627 BALANCE END OF YEAR 8283373 SUMMARY OF INVESTMENT IN PLANT June 30 1952 VALUE OF PLANT JULY 1 1951 108611157 ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational Sc General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures TOTAL ADDITIONS I 989127 3791116 793181 5576721 VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS 111220881 219 SUMMARY OF INVESTMENT IN PLANT Continued DEDUCTIONS FOR YEAR Plans for Boys Dormitory Included for 1951 VALUE OF PLANT JULY 1 1952 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 981200 1132336681 A LAND Campus OffCampus TOTAL LAND B BUILDINGS Administration Lab High School Elementary School New Science Hall Old Science Hall Library East Hall Lewis Hall Sanford Hall West Hall Anderson Hall Gym Industrial Arts Health Cottage Store Post Office Warehouse Farm Buildings Deans Cottage Sycamore Cottage Paige House Pecan Cottage The Oaks Veteran Apt A Veteran Apt B Yellow Cottage Watchmans Cottage Farm House Cooks House Burden Shanty Johnson Shanty Johnson Farm House Johnson Feed Bam Farm Hand House 1 Farm Hand House 2 Garages Pump House Reel House Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year 1907 1907 2977100 1912500 2977100 1912500 it V 1089900 1089900 1907 10000000 10000000 Wfl h 1937 7000000 98000 7098000 1932 1500000 1500000 19U7 1500000 30000 1530000 1936 1000000 109990 1109990 1937 1000000 1000000 1907 5000000 5000000 1937 6000000 6000000 fr 1937 8000000 8000000 k 1907 1500000 1500000 1920 3000000 3000000 At A 1932 U5ooooo 500000 A 19U8 3500000 102250 3602250 1936 500000 500000 1936 200000 200000 1935 200000 200000 V 193U 310000 310000 A 1935 600000 600000 1938 500000 500000 2 Mr 1939 500000 500000 1935 1 00000 00000 1 f 1935 350000 350000 19U7 500000 500000 19U7 500000 500000 1925 50000 1 50000 1938 350000 350000 a 193U 1 50000 1 50000 A 1935 50000 50000 1935 50000 50000 1935 30000 30000 1 19UU 300000 300000 19hh 75000 75000 1935 50000 50000 1935 30000 30000 1 1936 30000 30000 i 1938 30000 30000 w 1938 20000 20000 220 V 9 m Investment Investment 4 Year Beginning End M 4 Acquired of Year Additions Deductions of Year SMI f BUILDINGS Continued 1 i Heating Plant 1927 00000 500000 TOTAL BUILDINGS 665o5ooo 4 310210 66015210 r 4 C IMPROVEMENTS OTHER THAN BLDGS Swimming Pool 1930 1000000 379285 1379265 V t DeepWell 1938 1000000 1000000 Stadium 1950 280376 260376 n 1 Landscaping 1101132 iloi 32 1 1 TOTAL IMPROVEMENTS 22780376 519717 2800093 V D EQUIPMENT iflf V Administrative Offices 11883m 211110 11 32751 Physical Plant 5311222 11 12121 6753316 Library 6992156 717510 7709966 y Instructional Departments 9872010 1519212 111 21252 Dormitories 5671906 215690 5917596 A Dining Hall 2758611 175875 29311 66 Farm 1315113 171016 1516159 f Store 815022 200870 1015892 TOTAL EQUIPMENT 4 339014681 1716767 387011 18 INVESTMENT IN PLANT 107659957 vS57672U 113236681 M Boys Dormitory Plans 4 981200 981200 TOTAL INVESTMENT IN PLANT 1086 Mil57 557672U 981200 113236661 v r ti tf 221 VALDOSTA STATE COLLEGE FINANCIAL REPORT p FOR THE YEAR ENDING JUNE 30 1952 Valdosta State College Valdosta Georgia H 223 I CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable Board of Regents Veterans Administration Others TOTAL GENERAL FUNDS B AUXILIARY Cash in Bank Accounts Receivable Stores Inventory TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank Notes Receivable Investments TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Cash in Bank Notes Receivable Investments U S Bonds Common Stocks TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments U S Bonds TOTAL STUDENT LOAN FUNDS V PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS BALANCE SHEET June 30 1952 ASSETS 1197397 868099 273981 19000 1191010 23181 37 1860U78 28210 117310 2336028 16810469 967603 99000 111000 733603 92275 9000 620000 19U30U 8113014 911579 932200 281090 101790 919000 3301111 19000000 95736770 9000000 22190527 98227297 1019311411 106776088 224 y H v I CURRENT FUNDS A GENERAL Accounts Payable Unearned Income Surplus BALANCE SHEET June 30 1952 LIABILITIES 38538 632050 16778149 i TOTAL GENERAL FUNDS 23it8l437 B AUXILIARY Accounts Payable Reserve for Stores Unearned Income Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance III ENDOWMENT FUNDS Fund Balance IV STUDENT LOAN FUNDS Fund Balance V PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES i 4 4 225 21831 U17310 212325 1651529 2336028 1468141465 733603 911579 915000 33014111 98227297 101531111 108776088 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Health Service Summer School Other Student Fees TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Less Amount Unpaid at End of Year 5108803 736886 U97050 832252 37U211 11800000 868059 7SU9202 139319 ill OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL INCOME NONINCOME TOTAL EDUCATIONAL AND GENERAL RECEIPTS B AUXILIARY ENTERPRISES DINING HALL DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES BOOKSTORE LAUNDRY ROOM RESERVATIONS TOTAL AUXILIARY ENTERPRISES INCOME TOTAL CURRENT INCOME 20000 215Oil13 105 21501218 1 ip t 6987171 wf 381927 A 960897 353731 1696555 4 1367732 518055 102000 10671813 32172956 yu 226 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Operating Salaries Supplies Total Wages Expense Equipment EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Presidents Office Comptrollers Office Registrars Office Publicity Department General Expenses 1388357 1177805 572617 391180 U03390 1271500 1109063 1 861 00 216730 73857 51790 17802 1711 50 103390 13000 13952 381 15 TOTAL ADMINISTRATIVE GENERAL 3933319 3083693 751289 95367 STUDENT WELFARE Dean of Men 20000 20000 Dean of Women 357320 312000 15320 Student Hospital U87265 118551 62217 6517 Lectures 91888 29993 19895 15000 TOTAL STUDENT WELFARE 959U93 810511 1271 32 21517 PLANT OPERATIONS 3218796 1781885 1299297 131611 LIBRARY 11761 60 765050 18717 362693 INSTRUCTION Academic Dean 25000 21000 1000 Art 721812 657013 21599 13200 Biology 901678 808117 13056 50205 Chemistry 616895 536251 39311 11300 Education 598299 511813 5321 18165 English 9331 80 930003 31 77 Home Economics 119801 361970 39309 15525 Mathematics and Physics 919562 852700 11051 85611 Modern Foreign Languages 501518 500000 1518 Music 1006929 955995 5093I Physical Education 1601199 1551670 22633 29896 Secretarial Science 503250 1 21110 26910 55200 Sociology and History 1619119 1631996 1915 9178 Speech 1 06108 1 02153 3955 Summer School 9321 00 932100 TOTAL INSTRUCTION 11770113 11113551 271079 382180 TOTAL EDUCATIONAL AND GENERAL EXPEND 21058211 17557726 2503811 996671 NONEXPENSE Transfer t Papt Funds sag 2s Tcv ft 592600 TOTAL EDUCATIONAL AND GENERAL DISBURSE MENTS 21650811 227 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification Operating Salaries Supplies Total Wages Expense Equipment AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall 7351 96 957797 819158 1403091 616812 507119 252U05 286811 307985 21111 1051 TOTAL DORMITORIES 25121451 1637052 817231 28165 BOOKSTORE S 139938 31514O 1192198 12900 DINING HALL 5559676 1663000 38519114 11732 LAUNDRY 331076 331076 TOTAL AUXILIARY EXPENDITURES 96lj6ll4l 3331592 6220752 82797 TOTAL CURRENT EXPENDITURES 30701352 20692318 8732566 1079168 228 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1952 Endowment Funds Loan Funds BALANCE OF PRINCIPAL JULY 1 1951 78914OU 915000 ADDITIONS Gifts and Grants Income on Investments 100000 22175 TOTAL ADDITIONS 122175 BALANCE OF PRINCIPAL JUNE 30 1952 911579 915000 STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 192 Fund Balance Fund Balance Beginning End of of Year Additions Deductions Year ENDOWMENT FUNDS Claude Davis Ingram S M A Hutchinson Memorial 689U0U 16325 100000 105850 705729 205850 TOTAL ENDOWMENT FUNDS 789UOU 122175 911579 f FUNDS War Bond Scholarship 3U8300 318300 September lith Fund 359600 359600 Kate Bentley 7260 7260 Girls Fund 1500U 15001 Archie Griffin 21000 21000 U D C Brooks County 50000 50000 Class of 1922 11836 11836 Louise Sawyer 7500 7500 Anne Singletary 1500 1500 Jewel Whitehead 50000 50000 K F Lumpkin 10000 10000 W ft Dewberry 30000 30000 TOTAL LOAN FUNDS 915000 915000 TOTAL TRUST FUNDS 17011 Oi 122175 1826579 229 STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 Rate of Date of Book Interest Ma turity Value ENDOWMENT FUNDS GOVERNMENT BONDS U S Treasury 275 91559 180000 U E Treasury 275 121565 150000 U E Treasury Series G 25 8153 40000 U Treasury Series G 25 8152 150000 U E Treasury Series G 25 11162 100000 TOTAL GOVERNMENT BONDS 620000 COMMON STOCK Illinois Central Railroad 20 shares 19U30U TOTAL ENDOWMENT FUND INVESTMENTS 8113014 LOAN FUNDS GOVERNMENT BONDS U E Treasury Series F 2 S3 3155 5550 U S Treasury Series F 253 5155 71400 U S Treasury Series F 253 10155 114800 U S Treasury Series F 253 11155 29600 U S Treasury Series F 253 1156 71400 U S Treasury Series E 253 2156 7U00 U E Treasury Series F 253 ii156 114800 U S Treasury Series F 253 3157 71400 U S Treasury Series F 253 10156 71400 TOTAL LOAN FUND INVESTMENTS 101750 TOTAL TRUST FUND INVESTMENTS 9160514 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance Receipts Disbursements July 1 1951 for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Auxiliary 1306960 83U806 215012U8 10671813 21650811 96U6ll4l 1157397 1860U78 TOTAL CURRENT FUNDS 21141766 32173061 31296962 3017875 AGENCY FUNDS 51439214 7163827 711401148 567603 PLANT FUNDS 455900 5257400 8 2U09156 33Ol4ll4l4 TRUST FUNDS Endowment Loan 670814 1498000 122175 1014500 96984 70300 92275 532200 TOTAL TRUST FUNDS 56508l4 2266775 172814 8 624475 TOTALS 37066714 844827963 410205140 75114097 230 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance July 1 1952 Receipts Disbursements Balance June 30 1952 Student Activities Senior Honor Society Chapel Fund Y W C A Student Bank U22119 12500 92213 17092 5763267 121783 2723 127605k 5805336 50000 125k812 380050 8U283 9U936 833k TOTAL 5k392k 7163827 71U01U8 567603 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Transfer from Educational and General 592600 Governmental State of Georgia U66U800 TOTAL ADDITIONS DEDUCTIONS Repairs and Improvements 1789892 Equipment 61926U TOTAL DEDUCTIONS BALANCE END OF YEAR Funds or Plant Additions h55900 52571uOO 2ii09156 33olakk SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30 1952 VALUE OF PLANT JULY 1 1951 96155831 ADDITIONS DURING YEAR Expended from Educational and General Funds and Included in Current Expenditures 996671 Expended from Auxiliary Funds and Included in Current Expenditures 82797 Expended from Plant Funds 61926k TOTAL ADDITIONS Adjustment for Prior Years VALUE OF PLANT PLUS ADDITIONS DEDUCTIONS Adjustments for Prior Years VALUE OF PLANT JUNE 30 1952 1698732 k56kk2 215517k 98611005 383708 98227297 231 v STATEMENT OF INVESTMENT IN PLANT For Tear Ended June 30 192 f A B C D LAND Campus 60 acres BUILDINGS Library West Hall Gmnasium Kitchen Annex Converse Hall Ashley Hall Senior Hall Swimming Pool and Bath House Log Cabin Boiler House Music Studio Garages and Workshops TOTAL BUILDINGS IMPROVEMENTS OTHER THAN BLDGS Streets and Walks Heating System Camellia Trail Amphitheatre TOTAL IMP OTHER THAN BLDGS EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Student Activities Dormitories Dining Hall and Kitchen Heating Plant TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Investment Investment Beginning End of of Year Additions Deductions Year 15000000 15000000 6000000 6000000 12500000 12500000 500000 500000 921770 921770 11000000 11000000 10000000 10000000 6000000 6000000 2300000 2300000 800000 800000 2000000 2000000 3600000 3600000 115000 115000 55736770 55736770 1500000 1500000 2000000 2000000 1200000 1200000 300000 300000 5000000 5000000 715521 1 19817 59825 10755to 622711 5651 37 358to 1152305 6570820 2U3275 6811095 W 531 02 667200 131U00 1889282 377180 7530 150000 231710 III 00168 185053 200 1285021 1839259 66752 61 10 1899571 2110000 2110000 20719061 2155171 383708 22190527 961 55831 2155171 383708 98227297 232 MEDICAL COLLEGE OF GEORGIA FINANCIAL REPORT FOR THE YEAR ENDING June 30 192 Medical College of Georgia Augusta Georgia 233 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank TOTAL GENERAL FUNDS B RESTRICTED Cash on Hand and in Bank TOTAL RESTRICTED FUNDS C AUXILIARY Cash on Hand and in Bank Stores TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash on Hand and in Bank TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Cash on Hand and in Banks Investments University of Georgia Buildings Real Estate TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS Cash on Hand and in Banks Student Notes Receivable Investments U S Securities TOTAL STUDENT LOAN FUNDS V PHYSICAL PLANT A UNEXPENDED Cash in Bank B EXPENDED Land and Improvements Buildings Equipment 7 TOTAL PHYSICAL PLANT FTQTAL ASSETS 502739 502h739 8800652 8800652 237ii632 U608356 6982988 20808379 1599936 1599936 l12072 679372 l00000 2079372 3U9lliU 800L0 2966306 500000 35631j6 2688732 12750000 36150000 U6l289Q 95028190 97717222 127163327 234 VKjV 01 I Ht V 0 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS Reserve for Stores Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Fund Balance TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS Fund Balance a A GENERAL Res for Purchase Orders Outstanding Surplus 851281 11731 58 1 i TOTAL GENERAL FUNDS 5021739 11 y m B RESTRICTED Fund Balance 8800652 C AUXILIARY 1608356 2371632 6982988 1599936 3l911lii 3516316 20808379 1599936 3i911li h TOTAL STUDENT LOAN FUNDS 3516316 1 V PHYSICAL PLANT A UNEXPENDED Fund Balance 2688732 M B EXPENDED Invested in Plant 95028190 TOTAL PHYSICAL PLANT 97717222 b 11 a hMt TOTAL LIABILITIES AND SURPLUS 127163327 I Bt 0 1 t 235 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Other Student Fees TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Regular Operations City of Augusta TOTAL GOVERNMENTAL ENDOWMENT W J Young Fund GIFTS AND GRANTS American Cancer Society American Cynamid Company American Heart Association Ayerst McKenna Harrison Cancer Clinic Charles Pfizer and Company Ciba Pharmaceutical Products Kremers Urban Company Lederle Laboratories Life Insurance Medical Research Fund Eli Lilly Company Merck and Company Inc Wm S Merrell National Fund for Medical Education Schenley Laboratories Inc Shering Corporation G D Searle and Company Smith Kline and French The Upjohn Company Wyeth Incorporated Research Grants Biochem U S Atomic Energy Commission U S Public Health Service Biochem U S Public Health Service Phys Pharm U S Public Health Service Medicine U S Public Health Service Psychiatry U S Public Health Service Oncology U S Public Health Service Cytology U S Public Health Service Cytology U S Public Health Service Cytology TOTAL GIFTS AND GRANTS General Restricted Income Income Total 13657188 U9500 13657188 U9500 1370668813706688 55000000 55000000 250000 250000 55oooooo 250000 55250000 1437789 It37769 200000 200000 200000 200000 267750 267750 300000 300000 2699ii9 2699U9 300000 300000 200000 200000 100000 100000 150000 150000 8140000 8140000 300000 300000 150000 150000 150000 150000 2037200 2037200 150000 150000 2140000 2140000 62500 62500 150000 150000 300000 300000 U00000 1400000 73333 73333 699000 699000 333776 333776 2267562 2267562 978961 978961 560000 560000 21487109 21487109 1411700 1411700 218500 218500 1300000 1300000 160973140 160973140 STATEMENT OF CURRENT INCOME Continued General Income Restricted Income Total SALES AND SERVICES Maternity Shelter Electroencephalographic Clinic Research Services Endocrinology Research Sales Phys Pharm U76100 559300 127300 2537 1 76100 559300 127300 2537 TOTAL SALES AND SERVICES 1 76100 i 689137 1165237 OTHER SOURCES Property Rentals Other 56100 1080 56100 1080 TOTAL OTHER SOURCES 57180 57180 TOTAL EDUCATIONAL AND GENERAL INCOME 69239968 171 71266 867112 3k NONINCOME Transfers from Auxiliary Funds 100000 100000 TOTAL EDUCATIONAL AND GENERAL RECEIPTS 69639968 171 71266 87111231 B AUXILIARY ENTERPRISES BOOKSTORE 2267389 2267389 MICROSCOPE SALES AND RENTALS 1657956 1657956 PELVIMETER SALES 307632 307632 TOTAL AUXILIARY INCOME 1232977 1232977 C PLANT FUNDS 3U97600 397600 TOTAL CURRENT INCOME 76970515 17U 71266 911 11811 237 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Presidents Office Department of Admissions Business Office General Registrars Office TOTAL ADM AND GENERAL PLANT OPERATIONS LIBRARY INSTRUCTION Gross Anatomy Microscopic Anatomy Biochemistry Physiology and Pharmacology Pathology Medical Microbiology Medicine Psychiatry Pediatrics Surgery Obstetrics and Gynecology Endocrinology Medical Illustration Oncology Radiology TOTAL INSTRUCTION ACTIVITIES REL TO INSTRUCTION Medical State Aid University Hospital Maternity Shelter Elctroencephalographic Clinic TOTAL ACT REL TO INSTR RESEARCH Regular Special TOTAL RESEARCH Object Classification Operating Fund Classification Salaries Supplies General Restricted Wages Expense E quipment 101687U 955000 50967 10907 U5598U U29000 2698U 1332526 1222U57 U53U8 6U721 16201OU 288883 9li3659 387562 580189 532100 35238 12851 5005677 3U27UUO 1102196 U76oUl 57U750U 3885215 167U179 188110 52538U 515i5 507800 6U965 U6783U 2650960 2250518 2Uo851 159591 2183759 2082500 3U19U 67065 3307379 27U3599 21966h 3UUll6 U953195 U391875 U67387 93933 2358350 2117866 20152U 38960 35 521 oil 3070500 268366 213238 39UUU35 3865800 69635 9000 6U8l8U 5Uoooo 27201 80983 1U85721 1335000 5U287 96U3U 7U0UU92 6370125 8686Ul 165726 117316U 1090950 7271U 9500 953195 766650 156260 30265 2052996 1569638 236276 2U7082 168798 18250 92UU8 58100 6865ii3 599999 2537U 61170 37523275 32813270 303U822 1675183 lU936908 1U915116 1U292 7500 3500000 250000 3250000 500000 2275U5 18UU31 U31Ui U76298 375U75 75U07 25U16 1866UU53 726298 18725022 632813 32916 U818U U818U 1U067857 9022192 22101OU 2835561 U818U 1U06857 9022192 2258288 2835561 238 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification f IE w ft Generax Restricted Operating Salaries Supplies Sc Wages Expense Equipment l EXTENSION 131185 131185 J 1 4 u 1 II r1 TOTAL EDUC GEN EXPENDITURES 676145662 15309370 68380939 889814148 56756145 NONEXPENSE Refund of Grant to Georgia Division American Cancer Society 127261 TOTAL EDUC GEN DISBURSEMENTS 676U5662 151436631 ill I f 1 B AUXILIARY ENTERPRISES Bookstore Microscope Sales Sc Rentals Pelvimeter Sales 187222U 1002516 351630 6U65 1865739 1061471 89601 5 185350 88786 77U9U TOTAL AUX EXPENDITURES 3226370 191835 2060996 973539 1 NONEXPENSE Transfer to Educ Sc Gen 400000 TOTAL AUX DISBURSEMENTS 3626370 it 9 Iv 1 C PLANT FUNDS 808868 15U50 3OL963 U88455 TOTAL CURRENT EXPENDITURES 71680900 15309370 6858822U 1126141407 7137639 v if 239 STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1952 American Cancer Society American Cancer Society American Heart Association American Medical Association Cancer Clinic Cox Urology Diocyl Medicine Georgia Heart Association Lederle Biochem Med Micro Life Insurance Macy Grant Markle Med Micro Markle Medicine Merck National Fund for Medical Education Pathology of Cancer Pellagra Swift Permanent Science AAAS Research Grants Endocrinology Research Grants Medical Illustration Research Grants Psychiatry Research Grants Biochemistry Research Grants Cytology Scopicon Sharp and Dohme USPHS Medicine USPHS Med Micro USPHS Medicine USPHS Oncology USPHS Biochemistry USPHS Phys Pharm USPHS Phys Pharm USPHS Psychiatry USPHS Cytology USPHS Cytology USPHS Cytology USAEC Biochemistry WinthropSt e arns W G Tyson W J Young Special Cancer Clinic Electroencephalographic Clinic Research Sales Phys Pharm Research Services Endocrinology Undistributed Interest City of Augusta TOTAL Balance Receipts Disbursements Balance July 1 1951 for Year for Year June 30 1952 2627 2627 200000 200000 21658 267750 276860 155U8 323 323 135 269919 198000 72081 100000 100000 18671 7325 11319 150000 5752 111218 300000 76119 223881 22018 810000 777302 81716 3UU10 311 10 68762 68500 262 15816 15816 6551 6551 2037200 2037200 137515 1361 79 1036 2688U 26881 7975 7975 1507353 2702500 1768910 2110909 29512 29512 U0000 31912 8088 73333 73333 261161 261161 60200 60200 300000 89600 2101 00 1817 1817 215058 215058 515 978961 963860 11586 992782 21 87109 2502623 977268 it77125 333776 7381l48 72153 1 7516 2267562 2236955 518153 7l8il0 711115 7295 31502 560000 528U98 158015 111700 766382 198667 59870 218500 it17735 139365 1300000 1033500 266500 175271 699000 h67luU2 56281 75000 7000 1850 1856 899956 ii37789 515215 822530 718 718 63723 559300 U75832 117191 168325 2537 21012 119820 612010 127300 739310 39937 39937 250000 250000 6763017 171 71266 15U36631 8800652 4 4 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 192 Aj A H 14 BALANCE OF PRINCIPAL BEGINNING OF YEAR ADDITIONS Gifts and Grants Income on Investments Interest on Student Loans TOTAL ADDITIONS DEDUCTIONS Investment Expense Transfers to Restricted Funds TOTAL DEDUCTIONS BALANCE OF PRINCIPAL END OF YEAR Endowment Funds Loan Funds 3U9073 t3U33257 111822 681 00 1383U 30855 UUU822 113089 6327 1 37789 11116 3l9HU t35U63U6 X STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 1952 Jk ENDOWMENT FUNDS MooreCarter Fund W J Young TOTAL ENDOWMENT FUNDS LOAN FUNDS Murphey Fund Students Loan Fund W K Kellogg Fund TOTAL LOAN FUNDS TOTAL TRUST FUNDS Balance Beginning of Year Additions Balance End Deductions of Year i 570580 706 t t 571286 2920158 111116 111116 2920158 t3u90738 111822 111116 3l91111 751271 15037 766308 1017559 85663 1133222 16311 27 12389 l6l68l6 3U33257 tl13089 3516316 t6923995 1557911 1 11116 7037790 241 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Balance July 1 1951 Receipts Disbursements for Year for Year Balance June 30 1952 CURRENT FUNDS General Restricted Auxiliary 3030133 6763017 1768025 69639968 17171266 1232977 67615662 15136631 3626370 5021739 8800652 2371632 TOTAL CURRENT FUNDS 11561175 91317231 86708663 16200023 AGENCY FUNDS 1713378 1215132 1358571 1599936 PLANT FUNDS 3197600 808868 2688732 TRUST FUNDS Endowment Student Loan 1316866 199852 509322 130119 b lllll6 550261 1112072 80010 TOTAL TRUST FUNDS 1516718 939771 991377 1192112 TOTAL 11821571 97029711 89870182 21980803 STATEN For Year IENT OF AGENCY FUNDS Ended June 30 1952 Fund Balance July 1 1951 Receipts Disburse ments Fund Balance June 30 1952 Basal Metabolism State Entrance Examiner Student Breakage Deposit Student Deposit on Fees Student Health and Activities Advance from Veterans Administration Withholding Taxes Retirement System Contributions Sales Tax 5ooo 2600 35loo5 207000 501893 635131 300 750 5196 3 613915 16000 1098136 512691 2130 175 56870 si l18615 909929 5000 2600 519275 223000 693100 92110 2130 275 62066 TOTAL AGENCY FLHyo 1713378 1215132 1358571 1599936 STATEMENT OF INVESTIRENT IN PLANT For the Year Ended June 30 1952 2 f i i A LAND B BUILDINGS Newton Dugas Murphey Dwelling 1196 Harper Street TOTAL BUILDINGS C EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Investment Beginning of Year Additions Investment End of Year 1270000 12750000 8000000 11000000 11000000 150000 8000000 11000000 11000000 150000 36150000 36150000 1636289 53377 9305285 32181302 226561 21627 207507 2210796 1861850 28750 9512792 31722098 1378253 2650237 16128190 92378253 2650237 95028190 243 FINANCIAL REPORT FOR THE YEAR ENDING June 30 192 Georgia Southwestern College Amerieus Georgia BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank Imprest Cash Accounts Receivable TOTAL GENERAL FUNDS B AUXILIARY Cash in Bank Accounts Receivable Stores Inventory TOTAL AUXILIARY TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III STUDENT LOAN FUNDS Cash in Bank Investments Bonds Student Notes Receivable TOTAL STUDENT LOAN FUNDS IV PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other Than Bldgs Equipment TOTAL EXPENDED TOTAL PHYSICAL PLANT TOTAL ASSETS I411639 30000 ii0U7Ul 876380 1310971 22820 6081404 1972195 28148575 117997 1147997 38815U 14600000 769556 5757710 11124667 558000 1403771460 5650021 11784860 583703141 59795008 685149290 246 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Res for Purchase Orders Outstanding Unearned Income Surplus 32199 hi 6U 6U700 771717 TOTAL GENERAL FUNDS 876380 B AUXILIARY Accounts Payable Res for Purchase Orders Outstanding Reserve for Stores Inventory Surplus 67133 88310 608i0l 12083 lj 8 TOTAL AUXILIARY FUNDS 1972195 TOTAL CURRENT FUNDS 28148575 II AGENCY FUNDS Fund Balance 117997 III STUDENT LOAN FUNDS Fund Balance 5757710 IV PHYSICAL PLANT A UNEXPENDED Fund Balance ll 21667 B EXPENDED Invested in Plant 58370311 59795008 TOTAL LIABILITIES AND SURPLUS 68519290 247 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition Matriculation Health Service Summer Session Other Student Fees TOTALSTUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Regular Operations 9000000 Less Amt Unpaid at End of Year 1 01211 OTHER SOURCES Rents for Property 15000 Miscellaneous 93387 TOTAL OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL RECEIPTS AUXILIARY ENTERPRISES Dormitories Morgan Hall Sanford Hall Collum Hall Wheatley Hall Campus Store College Dining Hall Apartments Dwelling Houses TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME 261871 581278 123312 58133 7U315 1362050 131990 98785 16000 General Income 1717110 8595759 136387 10l5l286 1027621 976061 3795001 119379 189175 6137210 16588526 248 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptrollers Office General Administrative Presidents Office Records Office TOTAL ADM AND GENERAL STUDENT WELFARE PHYSICAL PLANT LIBRARY INSTRUCTION Business Education Education Fine Arts Home Economics Languages Natural Sciences Physical Education Social Science Visual Education Summer School TOTAL INSTRUCTION TOTAL EDUC AND GEN EXPENDITURES AUXILIARY ENTERPRISES Campus Store Dormitories Morgan Hall Sanford Hall Collum Hall Wheatley Hall TOTAL DORMITORIES Dining Hall Apartments Dwelling Houses TOTAL AUXILIARY EXPENDITURES TOTAL CURRENT EXPENDITURES Total Salaries and Wages Operating Supplies Expense Equipment 639300 692573 962315 626285 599001 l283a8 902775 590675 a0299 522225 595ao 35610 a2000 2920U73 2220799 65767a a2000 112557 9 1 32321 10233 2556121 iaai35a 895713 21902a 1 31322 3a5l75 i9ao 8a207 a85050 6l62U5 28376 5621 292500 1610189 225312 380000 8U 62 209200 a050oo 615000 270000 292500 1516600 l8a625 380000 209200 20100 i2a5 13765 5621 59070 ao687 8a 62 59950 31519 aii63aa 93872925 la8950 9aa69 loa66817 8312577 i7ia5ao a39700 103a797 183600 851197 226819 aa2777 98a69 a6a85 59100 277110 23200 167719 157917 66269 a6a85 7750 9000 8ia550 359a10 1 38390 16750 3a71319 133866 82192 ia 80062 1991257 133866 82192 5536721 2023072 3a96902 16750 l6o035ai 335619 5211112 a56a5o 249 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1952 Loan Funds BALANCE OF PRINCIPAL BEGINNING OF YEAR ADDITIONS DURING YEAR Income on Investments Interest on Student Loans TOTAL ADDITIONS BALANCE OF PRINCIPAL END OF YEAR 5629126 121082 7502 128581 5757710 STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 Rate of Interest Maturity Date Book Value U S Treasury Bonds U S Treasury Bonds Series G 2 12 5161 3800000 U S Treasury Bonds Series G 2 12 5163 300000 Municipal Bonds Woodville Ga School District 5 12 11155255 200000 McIntyre Ga School District 6 1157 100000 City of Atlanta Georgia 2 18 9157 100000 Clayton County Georgia TOTAL 5 1156 100000 1600000 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Balance Receipts Disbursements July 1 1951 for Year for Year Balance June 30 1952 Current Funds Educational and General 187170 10151286 101 66817 4 U71639 Auxiliary Enterprises 710155 6137210 553672U 1310971 TOTAL CURRENT FUNDS 1227625 16588526 16003511 1812610 Agency Funds V i7llll 917110 970827 117997 Plant Funds 1536600 3111933 11 21667 Student Loan Funds 307366 3U1938 261150 388151 TOTAL 1706105 22ilil7l I203U7U51 3773U28 BANK BALANCES Bank of Commerce Citizens Bank of Americus Cash on Hand 1729125 2011303 3OOOO TOTAL 3773U28 250 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Application Deposits Gale Deposits Personal Deposits Clubs Student Activities Group Insurance Sales Tax TOTAL Balance Beginning of Year Receipts Disburse ments Balance End of Year 57820 136800 136528 58092 30635 122021 152U90 166 52266 13139U 112917 707U3 2U7U3 2767U2 289212 12273 2822 2U307U 239173 6723 3128 37379 U0507 171U1U 9U7U10 970827 1U7997 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAH 0 ADDITIONS Governmental Appropriation State of Georgia U536600 DEDUCTIONS EXPENDED FOR PLANT ADDITIONS Buildings and Additions to Buildings Gymnasium Administration 222602 950000 TOTAL BUILDINGS AND ADDITIONS 1172602 Improvements Other Than Buildings Fire Signal System Equipment ZLl21 TOTAL EXPENDED FOR PLANT ADDITIONS 1306699 OTHER DEDUCTIONS Repairs Not Capitalized Administration Building Gymnasium Maintenance Shop Morgan Hall Sanford Hall Wheatley Hall Terrell Hall Landscaping 701U6U 162500 125000 260000 267500 1U0000 75630 731UO TOTAL OTHER DEDUCTIONS 180523U TOTAL DEDUCTIONS BALANCE END OF YEAR 3111933 U2ij667 251 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 investment Investment Beginning End of of Year Additions Deductions Year LAND 58000 558ooo BUILDINGS Administrative 9250000 950000 10200000 Shop 5000000 2500000 2500000 Gymnasium and Auditorium 6677398 222602 6900000 Home Economics 700000 700000 Presidents Home 1250000 1250000 Barn 230000 230000 Morgan Hall 3300000 3300000 Sanford Hall 6829U60 68291 60 Terrell Hall 3250000 3250000 Wheatley Hall 3500000 3500000 Campus Cottage 300000 300000 Campus Farm House 350000 350000 Negro House 50000 12000 38000 Fuel House 38000 38000 Negro Bunk House 20000 20000 Paint House 30000 30000 Apartment Building 1000000 1000000 Chapel 300000 300000 TOTAL BUILDINGS 12071858 1172602 2870000 l0377l60 IMPROVEMENTS Streets Sidewalks Landscaping 1235100 2811900 1060000 Water and Lights System 306110 306110 Sewage Disposal System 750000 750000 Program Fire Signal 108668 11332 150000 Garbage and Waste Disposal System 25000 25000 Lake 57315 57315 Tennis Courts 311596 311596 TOTAL IMPROVEMENTS 2793789 2856232 5650021 EQUIPMENT Administrative Offices 661825 253253 915078 Student Welfare 226002 101 60 266162 Physical Plant 2597951 191129 2789383 Library 2377872 39698 21 17570 Instruction Division 2112212 1 821 70 2621682 Dormitories 1297975 183519 11111 56 Food Service 1361309 18215 1316061 Canrous Store 205361 51 205U15 Apartments 280800 115050 135750 TOTAL EQUIPMENT 11151313 1007361 376811 11781860 TOTAL INVESTED IN PLANT 56580960 5036195 3216811 58370311 252 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 56580960 ADDITIONS DURING YEAR Expended from Plant Funds 1306699 Expended from General Funds and Included in Current Expenditures ii39700 Expended from Auxiliary Funds and Included in Current Expenditures 1650 Roads and Parking Area Paved by State 2856232 Donations U0000 Adjustments 3 768lii TOTAL ADDITIONS 5036195 VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS 61617155 DEDUCTIONS DURING YEAR Buildings Demolished Adjustments TOTAL DEDUCTIONS 358000 28888 lii 32It6811i VALUE OF PLANT JUNE 30 1952 583703Ill 253 West Georgia College Carrollton Georgia 255 BALANCE SHEET June 30 1952 I CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable Board of Regents Veterans Admi ni s tr at i on Students Other TOTAL GENERAL FUNDS B AUXILIARY Cash in Bank Accounts Receivable Veterans Admini s tr ati on Students Other Stores inventory TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash on Hand Cash in Bank TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS ASSETS 1091981 11521 13 109961 7300 875 1311582 2l06563 2272818 12125 54347 35000 101772 395664 2770254 152561 168872 4130159 2750000 45057562 9006185 21746088 78559835 5176817 321433 82689994 TOTAL ASSETS 88188244 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable 28l89 Purchase Orders Outstanding l2k9h Unearned Income Surplus 19 78 TOTAL GENERAL FUNDS 206563 B AUXILIARY Accounts Payable Unearned Income Reserve for Stores Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Investment in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS I 217306 95800 395661 203X 81 2770g3l I 5176817 t 3211 33 32 33 la 30159 78559835 82689991 88188211 AND FUND BALANCES STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Summer Session Other TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Less Amount Unpaid at End of Year Vocational Funds TOTAL PUBLIC APPROPRIATIONS 12200000 1152U10 2199375 30219U 3U2570 3096QU 31537U3 110U7557 1UU371 OTHER SOURCES Property Rentals TOTAL EDUCATIONAL AND GENERAL INCOME B AUXILIARY ENTERPRISES BOOKSTORE DINING HALL DORMITORIES Adamson Aycock Me Is on Mandeville Log Cabin Hamm Barracks Borders Barracks Storms Barraoks Rogers TOTAL DORMITORIES FARM TRAINING SHOPS TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME 194947 9332146 U808536 4 166 20 407761 234194 234016 42808 35671 35671 199770 42808 TT5J8 909995 120400 14540618 8421499 22962117 it I 1 258 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Application Deposits Gale Deposits Personal Deposits Clubs Student Activities Group Insurance Sales Tax TOTAL Balance Beginning of Year Receipts Disburse ments Balance End of Year 57820 136800 136528 58092 30635 122021 152U90 166 52266 131391 112917 707U3 2U7U3 2767U2 289212 12273 2822 2U307H 239173 6723 3128 37379 U0507 171U1U 9U7U10 970827 1U7997 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Governmental Appropriation State of Georgia DEDUCTIONS EXPENDED FOR PLANT ADDITIONS Buildings and Additions to Buildings Gymnasium Administration TOTAL BUILDINGS AND ADDITIONS Improvements Other Than Buildings Fire Signal System Equipment TOTAL EXPENDED FOR PLANT ADDITIONS OTHER DEDUCTIONS Repairs Not Capitalized Administration Building Gymnasium Maintenance Shop Morgan Hall Sanford Hall Wheatley Hall Terrell Hall Landscaping U536600 222602 950000 1172602 U1332 9276 1306699 701iw6li 162500 125000 260000 267500 1U0000 75630 731UP TOTAL OTHER DEDUCTIONS TOTAL DEDUCTIONS BALANCE END OF YEAR l80523ll 3111933 1U2U667 251 For Year Ended June 30 1952 Investment Investment Beginning End of of Year Additions Deductions Year LAND 558000 558000 BUILDINGS Administrative 9250000 950000 10200000 Shop 5000000 2500000 2500000 Gymnasium and Auditorium 6677398 222602 6900000 Home Economics 700000 700000 Presidents Home 1250000 1250000 Barn 230000 230000 Morgan Hall 3300000 3300000 Sanford Hall 6829i60 6829l60 Terrell Hall 3250000 3250000 Wheatley Hall 3500000 3500000 Campus Cottage 300000 300000 Campus Farm House 350000 350000 Negro House 50000 12000 38000 Fuel House 38000 38000 Negro Bunk House 20000 20000 Paint House 30000 0000 Apartment Building 1000000 1000000 Chapel 300000 300000 TOTAL BUILDINGS 12071858 1172602 2870000 10377160 IMPROVEMENTS Streets Sidewalks Landscaping 1235100 2811900 1050000 Water and Lights System 306110 306110 Sewage Disposal System 750000 750000 Program Fire Signal 108668 11332 150000 Garbage and Waste Disposal System 25000 25000 Lake 57315 57315 Tennis Courts 311596 31X596 TOTAL IMPROVEMENTS 2793789 2856232 5650021 EQUIPTENT Administrative Offices 661825 253253 915078 Student Welfare 226002 lOl6o 2661 62 Physical Plant 2597951 191129 2789383 Library 2377872 39698 2117570 Instruction Division 2112212 1 821 70 2621682 Dormitories 1297975 183519 1111156 Food Service 1361309 18215 1316061 Campus Store 2053611 51 205il5 Apartments 280800 115050 135750 TOTAL EQUIPMENT 11151313 1007361 376811 11781860 TOTAL INVESTED IN PLANT 56580960 5036195 3216811 58370311 J 252 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 56580960 ADDITIONS DURING YEAR Expended from Plant Funds Expended from General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Roads and Parking Area Paved by State Donations Adjustments 1306699 h39700 16750 2856232 U0000 376811 TOTAL ADDITIONS 5036195 VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS 61617155 DEDUCTIONS DURING YEAR Buildings Demolished Adjustments 358000 288881U TOTAL DEDUCTIONS 32It68lU VALUE OF PLANT JUNE 30 1952 58370311 253 WEST GEORGIA COLLEGE FINANCIAL REPORT w J M I j 4 A I FOR THE YEAR ENDING JUNE 30 1952 West Georgia College Carrollton Georgia M I 41 LI 255 BALANCE SHEET June 30 1952 I CURRENT funds A GENERAL Cash in Bank Accounts Receivable Board of Regents Veterans Admi ni s t r at i on Students Other TOTAL GENERAL FUNDS ASSETS 1091981 m5uk3 1099614 7300 11875 1311582 B AUXILIARY Cash in Bank Accounts Receivable Veterans Admi ni s tr ati on Students Other Stores inventory TOTAL AUXILIARY FUNDS 2272818 12425 51347 35000 101772 395661 TOTAL CURRENT FUNDS 2406563 2770254 5176817 II AGENCY FUNDS Cash on Hand Cash in Bank TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 152561 168872 3211 33 la30159 2750000 15057562 9006185 21716088 78559835 82689991 88188211 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus TOTAL GENERAL FUNDS B AUXILIARY Accounts Payable Unearned Income Reserve for Stores Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balance TOTAL AGENCY FUNDS t 28U89 I 2U9U6 J 08i50 19UU678 2U06563 t 2U7306 95800 39566U 203lU8U 2770a5U t 5176817 t 321U33 321U33 III PLANT FUNDS A UNEXPENDED Fund Balance hi30159 B EXPENDED Investment in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES 78559835 8268999U 881882 lit 257 I STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Summer Session Other TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia Less Amount Unpaid End of Year Vocational Funds at 12200000 11523 TOTAL PUBLIC APPROPRIATIONS OTHER SOURCES Property Rentals TOTAL EDUCATIONAL AND GENERAL INCOME B AUXILIARY ENTERPRISES BOOKSTORE DINING HALL DORMITORIES Adamson Aycook MeIson Mandeville Log Cabin Hamm Barracks Borders Barracks Storms Barracks Rogers TOTAL DORMITORIES FARM TRAINING SHOPS TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME 2199375 30219k 3k2570 30960k FIT 57k3 110k7557 llk371 I9k9k7 933216 k808536 k16620 k 0776k 23kl9k 23k0l6 k2808 35671 35671 l 99770 k2808 FT635 909995 120k 00 lk5k0618 8k 21k 99 22962117 iV STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Presidents Office Registrars Office TOTAL ADM GENERAL STUDENT WELFARE Dean of Women PLANT OPERATIONS LIBRARY INSTRUCTION Deans Office Art Biology Chemistry Commerce Economics Education Engineering Drawing English French History Home Economics Humanities Mathematics Music Physical Education Physics Political Science Psychology Sociology Spanish Teacher Training Summer Session TOTAL INSTRUCTION EXTENSION TOTAL EDUCATIONAL AND GENERAL EXPENDITURES Object Classification Operating Salaries Supplies Total Wages fc Expense Equipment 816685 766202 5QI83 739055 121708 611317 788870 682251 62119 11500 281 37 213568 0769 26289lit TB7T6729 7871 18 T 115750 166190 157859 8331 3211075 16731 21 ll 586 22 82029 6231 78 1 27016 1961 32 312002 2811 96 57506 r 220537 213057 7180 372985 351185 1880 J10071 1 5996 3O75 551075 59996 39329 51750 136701 136701 536227 367190 169037 l07l 71 106526 915 725280 681516 30II8 13286 1921 39 189996 2I4I3 21351 211701 1650 209657 200002 9655 330000 330000 333115 33OOOO 3II5 278090 162218 21312 91500 538880 ll000l 91838 70 38 187067 172500 12125 2IJ2 136596 136596 99998 99998 136701 136701 191601 190008 1596 918290 83il73 83817 i26980 l26980 r 7625 56 6870907 FB 88235 ir660Y6 101271 101271 11362117 10915965 3123607 292515 259 CURRENT EXPENDITURES Continued Object Classification Total Salaries Wages Operating Supplies Expense Equipment B AUXILIARY ENTERPRISES BOOKSTORE 817259 290238 527021 DINING HALL 5411503 1393632 3962815 55056 DORMITORIES Adamson Aycock MeIson Mandeville Log Cabin Hamm Barracks Borders Barracks Storm Barracks Rogers TOTAL DORMITORIES 32i709 216195 153869 181513 k339k 36160 36160 202500 13393 Fl2T7K93 135697 135697 75990 75990 16283 10855 10855 65127 16293 nm7Br l8639l476298 7633 l0li027 27111 25305 25305 137373 27100 685256 2618 3l200 1536 11496 1 3950 FARM 982342 459914 i52108 70320 TRAINING SHOPS 22106 22106 TOTAL AUXILIARY EXPENDITURES 8501103 2686571 5619306 165226 NONEXPENSE Transfer to Plant Funds 294500 TOTAL AUXILIARY DISBURSEMENTS 8795603 TOTAL CURRENT EXPENDITURES 22863220 13632536 8772913 457771 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Balance July 1 1951 Receipts For Year Disbursements Balance For Year June 30 1952 CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS 913 80 264j69 22 li5ii0618 81 211 99 14362117 8795603 1091981 2272818 356002 22962117 12515772o T33TW799 AGENCY FUNDS 282981 4091445 1052996 321433 PLANT FUNDS 10314300 i621000 1525141 4130159 TOTALS 4877686 31674562 28735857 7816391 260 BANK BALANCES Peoples Bank Agenoy Peoples Bank Auxiliary West Georgia National Bank Operating Cash on Hand 168872 2272818 52 22110 132561 7816591 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance July 1 1951 Receipts For Year D isbur seme nts For Year Balance June 30 1952 Group Insurance 69074 4 2831 69 288622 4 63921 Sales Tax 49hP 31195 36143 136625 Room Reservations 298150 161525 Student Activities 117728 19319 172815 135262 Student Bank 150288 1516181 i55O533 115936 Athletic Association Retirement Collections Withholding Tax Collections TOTAL AGENCY FUNDS 59054 13175 332114 1126812 8I1432 332114 1126812 1303H 282984 410911 15 4052996 43211 33 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS State Appropriation Transfer from Auxiliary Funds TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Administration Building Adamson Hall Dining Hall Library Mandeville Hall MeIson Hall Rural Arts Total Buildings and Additions to Buildings lunHs for Plant Additions 4lo3J3oo 41326500 2500 ft6aUX 4 202773 7 7k 3k 7k 56 71 5l 7067k 7U5I4 4 3l079 STATEMENT OF UNEXPENDED PLANT FUNDS Continued Improvements Other Than Buildings Lighting System Landscaping Total Improvements Other Than Buildings Equipment Aycock Hall Total Expended for Plant Additions Other Deductions Expenditures Not Capitalized Architect fees Science Building Roof Repairs Melson Hall Roof Repairs Adamson Hall Total Other Deductions TOTAL DEDUCTIONS BALANCE END OF YEAR Funds For Plant Additions 1 226 77 6U395 ioooo rwrn 9 509850 155500 22000 TB755 tUl30159 SUMMARY OF INVESTMENT IN PIANT For Year Ended June 30 1952 VALUE OF PLANT JULY 1 1951 77261273 ADDITIONS DURING YEAR Expended from Plant Funds 837791 Expended from Educational and General Funds and included in Current Expenditures 2925U5 Expended from Auxiliary Funds and included in Current Expenditures 165226 TOTAL ADDITIONS 1293362 INVESTMENT IN PLANT JUNE 30 1952 78559835 262 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Ac quired Investment Beginning of Year Additions Investirent End Of Year LAND C ampus 1907 1 000 00 1 000 00 OffCampus 1907 2350000 2350000 TOTAL LAND 2750000 1 2750000 BUILDINGS Adamson Pall 1907 i 15325 7l5li 3 1539659 Administration 1907 5899500 202773 6102273 Bookstore 1914 iix6600 1166 00 Borders Parracks 19W 592817 592817 Dining Hall Auditorium 1937 75071 28 7b 5k 7511882 Engineering Drawing I9I6 600000 600000 Gunn House 1907 527500 527500 Hamm Barracks 19 592818 592818 Log Cabin Dormitory 1932 310000 7k 56 310000 Library 1938 1500000 15071 56 Machine Shop 194 1000000 1000000 Maintenance Shop 1918 120000 120000 Mandeville Hall 1935 3l00000 71 51 3l07l5l McGiboney Rogers Hall 196 205803 706 7l4 205803 MeIson Hall 1907 1316075 1386719 Plant Supervisors Home 1907 127500 127500 Presidents Horae 1907 600000 600000 Recreation Center 19U7 i93000 93000 Rural Arts 1935 11 993 00 7l5U 1506751 Storms Barracks 1915 119056 19056 Sand Hill Apartment 19h5 538285 538285 Tenant House No 1 1914 50000 50000 Tenant House No 5 19146 50000 50000 Woodshop 19l4l4 1000000 1000000 Wright Barracks 1914 1067376 1067376 Tenant House No 6 1938 105100 105100 Calf Barn 1907 20000 20000 Cow Barn I9U6 500000 500000 Crib 1907 20000 20000 Dairy Barn 1914 300000 300000 Mule Barn 1907 200000 200000 Tenant House No 3 1913 1261 20 1261 20 Tenant House No i I9I4U 50000 50000 TOTAL BUILDINGS 14716013 T3WT9 li5057iV62 263 STATEMENT OF INVESTMENT IN PLANT Continued Year Acquired Investment Investment Beginning End Of of Year Additions Year C D IMPROVEMENTS OTHER THAN BUILDINGS Streets and Walks 839000 8390 00 Lighting System 870000 1 226 77 1292677 Heating System 2680000 2650000 Athletic Field and Tennis Courts 1532611 1532611 Water System 2627199 26271 99 Landscaping 61395 61395 TOTAL IMPROVEMENTS 0519113 17070 2 9006185 EQUIPMENT Administrative Offices 551230 11500 59570 Physical Plant 1618805 82029 1730831 Library 4579305 4579305 Instructional Departments 398453 166016 la 50519 Dormitories 3951059 79850 1030909 Dining Hall 2211010 55056 2269096 Bookstore l2l73l 424734 Farm n 21511 70320 1491831 Shops 2l73100 2473100 TOTAL EQUIPMENT 21218317 T79777l 217160 8 77261273 1295562 78559855 TOTAL INVESTMENT IN PLANT FINANCIAL REPORT FOR THE TEAR ENDING JUNE 30 1952 Middle Georgia College Cochran Georgia BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank li02600 a TOTAL GENERAL FUNDS B AUXILIARY Cash in Bank Stores Inventories TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land and Improvements Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS U02600 S 216720 1303000 1519720 1922320 Q 116707 116707 0 3061195 18U0000 56555000 25U5ooo 25875000 86815000 8987695 91915522 266 V l f I CURRENT FUNDS A GENERAL General Surplus TOTAL GENERAL FUNDS B AUXILIARY Reserve Inventories Surplus TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balances TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 1 J BALANCE SHEET June 30 1952 LIABILITIES It02600 I402600 1303000 216720 1519720 1922320 116707 116707 30611495 86815000 898761495 91915522 1C f 267 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES Non Resident Tuition Matriculation Summer Session Fees Health Service Other Student Fees TOTAL STUDENT FEES PUBLIC APPROPRIATIONS State of Georgia OTHER SOURCES Rents from Property TOTAL EDUCATIONAL AND GENERAL INCOME General Inc ome I 2U0000 1288000 62000 ljUOOOO liOOOO I 1770000 9300000 200000 11070000 B AUXILIARY ENTERPRISES BOOKSTORE U53078 CAMPUS STORE t 725930 DORMITORIES Browning Hall Peacock Hall Wiggs Hall Ebenezer Hall New Hall Social Center New Boys Dorm Veterans Apartments TOTAL DORMITORIES 260300 262300 213000 27000 20800 60600 791200 1635000 DINING HALL 2617500 TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME 5U31508 a65oi5o8 268 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Total Salaries Wages Operating Supplies Expense Equipment A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptrollers Office 580000 580000 559150 General Expense 567150 8000 Presidents Office 810000 810000 Registrars Office 670000 670000 TOTAL ADM GENERAL 12627150 2060000 559150 STUDENT WELFARE 137500 1 117200 20300 PHYSICAL PLANT 2h63522 1511878 882797 688hi LIBRARY 552260 w L02600 U7300 102L00 INSTRUCTION English 3lU755 310000 U755 History Uo5ooo 1405000 Languages l2l000 l2lj000 Music 3h2500 327500 15000 Commerce 657500 610000 h7500 Physical Education 585000 560000 25000 Biology U0U828 370000 34828 Chemistry U 29013 380000 I49013 Engineering 375000 360000 15000 Home Economics 32483 310000 1I183I4 Mathematics 360000 360000 Physics 37U88j 350000 24884 Summer School 314000 3114000 TOTAL INSTRUCTION 501131 14780500 230814 TOTAL EDUC GENERAL EXPEND 107917U6 8880138 17140361 171214 AUXILIARY ENTERPRISES BOOKSTORE 340737 3U0737 DORMITORIES Brovming Hall Peacock Hall Wiggs Hall Ebenezer Hall New Boys Dorm New Hall Social Center Veterans Apartments 263699 266667 21751i3 23000 130959 61150 779814 101685 130715 97575 25880 3650 233725 162014 135952 119968 23000 105079 57500 519791 26298 TOTAL DORMITORIES 17142832 593230 511233OU r V 26298 DINING HALL 2724782 790170 1897902 367IO CAMPUS STORE 738339 153965 579239 5135 TOTAL AUXILIARY EXPEND 5546690 1537365 39141182 681U3 ITURES TOTAL CURRENT EXPENDITURES 16338436 10U17503 56815 43 239390 269 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS AGENCY FUNDS PLANT FUNDS TOTALS Cash Balance Receipts Disbursements Cash Balance July 1 1951 For Year For Year June 30 1952 121316 11070000 10791716 102600 331902 5431508 5516690 216720 b56218 16501508 163381 36 619320 57812 1138877 1079982 116707 1500000 lli38505 30611 95 511060 22110385 18856923 3797522 BANK BALANCES State Bank of Cochran Cochran Georgia Educational and General Account Auxiliary Enterprise Account Plant Funds Special 402600 216720 30611 95 368o8l5 Cook Banking Company Cochran Georgia Agency Funds Account 116707 3797522 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance Beginning Of Year Receipts For Year Disbursements for Year Balance End Of Year Alumni Association 615 500 1115 Student Bank 22585 81839 75577 28817 Key Pool 17 17 Student Activities 7511 580793 586629 1675 Reservations 18000 196812 111212 73600 Room Deposits 600 600 Group Life Insurance 8181 278903 271802 12585 TOTAL 57812 1138877 1079982 116707 270 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Governmental Appropriations State DEDUCTIONS Expended for Plant Equipment Fire Extinguishers Expended for Fire Safety Necessary Repairs Items not capitalized Gymnasium Superstructure and entrances Presidents Home Building porches repairs Wiggs Dormitory Fire Insulation repairs Browning Dormitory Fire preventions At repairs Peacock n Ebenezer Porches and batnrooms Classroom Bldg Fire prevention repairs Landscaping Campus TOTAL BALANCE END OF YEAR SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Currect Expenditures Expended from Auxiliary Enterprises Funds and included in Current Expenditures TOTAL ADDITIONS VALUE OF PLANT PLUS ADDITIONS JUNE 30 1952 DEDUCTIONS DURING YEAR Property Worn Out or Otherwise Disposed of 209000 TOTAL DEDUCTIONS VALUE OF PLANT JUNE 30 1952 18500 200500 91000 Funds For Plant Additions 0 U5ooooo 18500 210000 280005 315000 75000 50000 120000 180000 100000 I30 61I o5 86681000 310000 87021000 209000 86815000 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 A LAND Campus Off Campus B BUILDINGS Walker Building Sanford Library Mew Hall Dormitory Browning Dormitory Peacock Dormitory Wiggs Dormitory Ebenezer Dormitory Jackson Dormitory Presidents Home Gymnasium Faculty Apartments Science Building Veterans Housing Auto Mechanics Building Stadium Field House Misc Campus Buildings TOTAL BUILDINGS C IMPROVEMENTS Heating System Water System Lighting System TOTAL IMPROVEMENTS D EQUIPMENT Administration Offices Physical Plant Library Instructional Dormitories Dining Hall Campus Store TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Investment Investment Year Beginning End Acquired Of Year Additions Deductions Of Year 1887 1320000 1320000 1917 520000 520000 1810000 i8hoooo 1928 16000000 16000000 1938 h800000 1800000 1939 3800000 3800000 1936 6000000 6000000 19hh ho5oooo ho50000 1922 3750000 3750000 1890 1000000 1000000 1928 3j5 3000 350000 1928 650000 650000 1928 750000 750000 19ii8 3600000 3600000 19h8 3500000 3500000 19U7 5501 3000 5500000 19U9 1500000 1500000 19U8 125000 125000 1928 1180000 1180000 56555000 56555000 920000 920000 950000 950000 675000 675000 25ij000 3 25L5000 12h2000 i tp 1 f 12h2000 703h000 I2h500 58500 7100000 2509000 102200 71200 25iOOOO 5897000 22300 9300 5910000 5023000 33300 33300 5023000 3620000 36700 36700 3620000 h19000 21000 hh0000 257hh000 3tooo 209000 to5875000 8668hOOO 3 hOO 00 1209000 86815000 272 FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 South Georgia College Douglas Georgia I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable Board of Regents Veterans Administration Students TOTAL GENERAL FUNDS B AUXILIARY Cash on Hand and in Bank Accounts Receivable Veterans Administration Students Stores inventory TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash on Hand and in Bank TOTAL AGENCY FUNDS III PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS BALANCE SHEET June 30 1952 ASSETS 3951 13 10071 H 98528 9900 1115812 1511255 1315187 11796 1200 12996 233752 1591935 111333 ljl 810 26 16159231 29351190 131142519 58955973 3103190 111333 631 36999 66981522 274 II III BALANCE SHEET June 30 1952 LIABILITIES CURRENT FUNDS A GENERAL Accounts Payable Reserve for Student Welfare Reserve for summer School Leave Teachers Surplus TOTAL GENERAL FUNDS 4 89587 55839 275i00 690429 B AUXILIARY Accounts Payable 1296 Reserve for Stores inventory 233752 Surplus 1358887 TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS AGENCY FUNDS Fund Balances 4 1511255 4 1591935 4 1553 TOTAL AGENCY FUNDS PLANT FUNDS A UNEXPENDED Fund Balances 4 Il481026 B EXPENDED Invested in Plant 58955973 TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES 4 3103190 4 1333 463i 38999 466981522 275 STATEMENT OF CURRENT INCOME For Year Ended June JO 1952 EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition 472687 Matrioulation 2011161 Health Fees 200890 Laboratory 32561 Fine Arts 438 00 Diploma 11815 TOTAL STUDENT FEES rsj05947 PUBLIC APPROPRIATIONS State of Georgia Regular Operations 11100000 Less Amount Unpaid at End of Year 1007414 10092586 TOTAL EDUCATIONAL AND GENERAL INCOME AUXILIARY ENTERPRISES BOOKSTORE 593172 COOP 650112 DORMITORIES Davis 513326 Fraser 146019 Powell 434023 Proctor 246672 Tanner 148698 TOTAL DORMITORIES DINING HALL 1375918 FARM 352505 TOTAL AUXILIARY INCOME 7290505 20189038 TOTAL CURRENT INCOME STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Total Salaries A Wages Operating Supplies A Expense Equipment EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptrollers Office 388835 370000 18835 General Expense 10301 12 25OO 1027912 Presidents Office 857571 838750 1882l Registrars Office 39li877 381996 9881 TOTAL ADM GENERAL 2671728 1596516 4iO75i85 STUDENT WELFARE Dean of Students 1 593613 380810 12773 Student Hospital l65l 62 151350 11112 TOTAL STUDENT WELFARE 1 TWE7 1 23885 PLANT OPERATIONS 2158937 11671 35 4 991502 LIBRARY t 516998 327125 189873 INSTRUCTION Academic Dean i 18331 18331 4 4 Business Administration 106ll 81 713332 10119 307700 Education l38200 i00000 38200 Fine Arts 373999 300000 73989 Henne Economics 357922 291700 66222 15061 Languages 982013 929999 6983 Mathematics i50000 i10000 13315 10000 Physical Education 982715 939ioo 188776 Soience 1135119 829376 116997 Social Science ii01357 1380000 II357 10000 TOTAL INSTRUCTION 7231195 6272111 329312 629737 TOTAL EDUC GENERAL EXPENDITURES 13137928 9898137 2610051 629737 CURRENT EXPENDITURES Continued Object Classification Operating Total Salaries 5c Wages Supplies Expense Equipment AUXILIARY ENTERPRISES BOOKSTORE 514318 48000 466318 COOP 601610 102850 498790 DINING HALL 1375877 798219 3577658 DORMITORIES Davis Hall 560236 264529 95707 Fraser Hall 276832 220300 56532 Powell Hall 510314 20731j4 133200 Proctor Hall 230597 141649 88948 Tanner Hall 143061 87340 55721 TOTAL DORMITORIES 1351270 921162 I 43ol8 FARM 288684 11790 276894 TOTAL AUXILIARY EXPENDITURES I 7131789 1882021 5249768 NONEXPENSE Transfer to Plant Funds TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES 629172 7761261 120269717 11780158 7859822 629737 278 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance Receipts Disbursements Cash Balance July 1 1951 For Year For Year June 30 1952 CURRENT FUNDS General Auxili ary 634808 1815943 12898533 7290505 13137928 7761261 395413 1345187 TOTAL CURRENT FUNDS 2450751 20189038 20899189 1710600 PLANT FUNDS 976788 4719472 1217234 11 81026 AGENCY FUNDS Airport Room Reservetion Fee Student Activity Student Deposits 18 218000 108317 20032 399200 188000 130506 353298 219991 196700 ll22093 355211 222621 209300 8710 18119 TOTAL AGENCY FUNDS 389797 2215531 2193998 111333 TOTAL 3819336 27151014 213101 21 6662959 ANALYSIS OF CASH BALANCES June JO 1952 FUND Coffee County Bank Farmers Bank Cash on Hand Total Educational and General Airport Auxiliary Enterprises Agency Student Deposit 3679207 222624 2441277 183313 1000 97112 17277 18119 3683207 222621 25381 19 200590 18119 TOTAL 3901831 2624590 136538 6662959 279 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balanoe Receipts Disbursements Cash Balanoe July 1 1951 For Year For Year June 30 1952 ATHLETICS Baseball 3133 33865 30732 Basketball 30190 85731 55511 Football 610339 727863 117521 TOTAL ATHLETICS 613662 8171 62 203800 STUDENT ACTIVITIES Alumni 800 800 Annual 50923 171 06 3519 Awards 12l69 12l 69 Booth at Fair 2500 2500 Camera Club 5813 5813 Cheer Leaders 12801 12801 Commerce Club 1750 1750 Dramatics Club 5100 18 8l 216 Football Programs 8365 19910 11575 South Georgian 13700 71088 60388 Student Council 71253 101257 30001 Stunt Night 2226 2226 Sweater Fund 20000 20000 Teacher Flower Fund 5075 6605 1530 TOTAL STUDENT ACTIVITIES 183891 289093 105199 OTHER AGENCY FUNDS Airport 131 18 399200 219991 222621 Room Reservation 218000 188000 196700 209300 Student Fees 703 331606 287903 Student Deposits 20032 353298 355211 18119 Work Scholarships 155050 112236 281900 12386 TOTAL OTHER AGENCY FUNDS t 389797 1417340 1056805 750332 TOTAL AGENCY FUNDS 389797 22141896 2193360 411333 280 4 W M STATEMENT OF UNEXPENDED PIANT FUNDS Fop Year Ended June 30 1952 Funds for Plant Additions Ik BALANCE JULY 1 1952 ADDITIONS Governmental State Appropriati cm Transfer from Auxiliary Funds TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Elimination of Fire Hazards Science Building Dining Hall Improvements Other than Buildings To Cover Exposed Hot Water Lines Landscaping TOTAL EXPENDED FOR PIANT ADDITIONS BALANCE JUNE 30 1952 1090000 6291 72 200980 500000 178260 17121 320873 978788 1719I 72 5698260 1217231 11 81026 A SUMMARY OF INVESTMENT IN PLANT For Year Ended June JO 1952 VALUE OF PLANT JULY 1 1951 57109002 ADDITIONS DURING YEAR Expended from Plant Fund 1217231 Expended from Educational and General Funds and Included in Current Expenditures 629737 TOTAL ADDITIONS 1816971 VALUE OF PIANT PLUS ADDITIONS JULY 1 1952 58955973 DEDUCTIONS FOR YEAR 0 INVESTMENT IN PIANT JUNE 30 1952 58955973 281 STATEMENT OF INVESTMENT IN PLANT For Year Ended June JO 1952 4 A B C D Investment Investment Year Beginning End of Acquired of YearAdditionsYear LAND Campus Off Campus TOTAL LAND 1907 BUILDINGS Peterson Hall 1907 Auditorium 1936 Davis Hall 1907 Fraser Hall 1929 Powell Hall 1907 Proctor Hall 1929 Tanner Hall 1929 Dining Hall 1927 Shop 1933 Gymnasium Miscellaneous 1936 Library Building 1939 Science Building 19146 TOTAL BUILDINGS IMPROVEMENTS OTHER THAN BUILDINGS Heating System Landscaping Lighting System Marble Memorial Fountain Streets and Sidewalks Swimming Pool TOTAL IMPROVEMENTS EQUIPMENT Administrative Offices Plant Operations Library Instruetion Dormitories Dining Hall Gymnasium Farm Coop TOTAL EQUIPMENT TOTAL INVESTED IN PLANT 1600000 1600000 3750000 3750000 5350000 5350000 i 3912ltltf 63913 3976360 1350000 1350000 3585652 3585652 1400000 1400000 3500000 57421 3557U2i 1400000 22940 1422940 1200000 1200000 2900185 178260 3078445 150000 150000 1800000 1800000 1790000 1790000 3686666 3686666 1800000 556706 2356706 28U7U950 87920 2935UI90 10031240 17121 10048361 320873 320873 160000 160000 100000 100000 200000 200000 280000 280000 10771240 t 33799U 11109234 502657 t 502657 840672 840672 2125622 2125622 3959928 629737 4589665 2019579 2019579 1779202 1779202 873520 873520 117700 117700 293932 293932 12512812 629737 131U25I 57109002 1846971 58955973 4 If 0 14 I I I A A A i A k V f 4 i I 282 ABRAHAM BALDWIN AGRICULTURAL n 0 L I FINANCIAL REPORT FOR THE YEAR ENDING June 30 1902 Abraham Baldwin Agricultural College Tifton Georgia 283 BALANCE SHEET June 30 192 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUND B AUXILIARY Cash in Bank Imprest Cash Inventories Store TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III LOAN FUNDS Cash in Bank Notes Receivable TOTAL LOAN FUNDS IV PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 730308 23625k 966562 1251596 68000 913062 2232658 3199220 13156 l59UU6 1H7U9Q 306936 6513597 13683696 51151619 22375783 87211128 93727725 97217037 284 T BALANCE SHEET June 30 1952 ikft LIABILITIES V I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Unearned Income General Surplus 530695 167000 268867 Bi TOTAL GENERAL FUNDS 966562 j A B AUXILIARY Purchase Orders Outstanding Inventories Reserve Unearned Income Reservation and Breakage Fee Surplus U67111 913062 1 81751 188000 17973U I TOTAL AUXILIARY FUNDS 2232658 A f II AGENCY FUNDS Fund Balance 13156 III LOAN FUNDS Fund Balance 306936 IV PLANT FUNDS A UNEXPENDED Fund Balance 6513597 B EXPENDED Invested in Plant 87211128 TOTAL PLANT FUNDS 93727725 V TOTAL LIABILITIES 97217037 1 A 285 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition 133552 Matriculation 19 55670 Summer School 316166 Other ees 1300 Clinical 175875 TOTAL STUDENT FEES 2615563 PUBLIC APPROPRIATIONS State of GeorgiaRegular Operations SALES AND SERVICES Farm 1 69886 Poultry 675816 Processing Plant 1312900 Animal Production 538835 11800000 TOTAL SALES AND SERVICES OTHER SOURCES Rents from Property 101000 Mis cellaneous 30972 2997U67 TOTAL OTHER SOURCES 13972 TOTAL EDUCATIONAL AND GENERAL INCOME 17518002 B AUXILIARY INCOME BOOKSTORE 1161077 DINING HALL DORMITORIES Lewis Hall 1 16610 Herring Hall 616006 Weltner Hall 673689 6813880 TOTAL DORMITORIES 1736335 VETERAN APARTMENTS 198838 ROOM RESERVATIONS 122000 TOTAL AUXILIARY INCOME 10035130 TOTAL CURRENT INCOME 27583132 286 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Presidents Office Registrars Office TOTAL ADM AND GENERAL STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE PHYSICAL PLANT LIBRARY INSTRUCTION Deans Office Agriculture Arts Home Economics Physical Education Science Summer School TOTAL INSTRUCTION ORGANIZED ACTIVITIES Farm Poultry Processing Plant Animal Production TOTAL ORGANIZED ACTIVITIES EXTENSION Short Courses TOTAL EDUCATIONAL GEN EXPEND Object Classification General Salaries Wages Operating Supplies Expense Equipment 855136 117771 739500 300000 855136 78U27 739500 300000 321519 1182 232J57 1973003 8 321519 1UU2 20000 20000 231000 231000 153916 131850 22066 LoU9i6 302850 22066 2817535 1122501 1552832 1U2202 529521 1 171 50 15551 66520 U27000 U27000 21 iau18 20925U0 U8071 807 10827OU 1022170 5651U U020 793527 6678UO 97808 27879 U06819 295760 111059 96UU99 918120 25817 20562 231780 231780 6017717 S 5655210 339269 3268 79U932 359936 116273 18723 972603 177775 793295 1533 1608135 253023 1355112 U91921 57690 U3U23l 1 3iJ6t59 8UHU72T 2990911 20256 852099 U7310U 311907 3U088 16831816 10872602 5628055 J 31159 NONEXPENSE Transfer to Plant Funds 100000 TOTAL EDUC GEN DISBURSEMENTS 16931816 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification General Salaries Wages Operating Supplies Expense Equipment AUXILIARY ENTERPRISES BOOKSTORE 1161713 127116 1003617 33950 DINING HALL 66U313U 1 1331961 5086151 222022 DORMITORIES Lewis Hall Herring Hall Weltner Hall i 305829 631916 565303 153987 207657 223919 1U1075 10767 U06O22 18267 302611 387U3 TOTAL DORMITORIES 1503078 4 585593 S 819706 9 67777 VETERAN APARTMENTS 197719 3855 193191 700 TOTAL AUXILIARY EXPENDITURES 9508671 2051555 7132670 3211 19 TOTAL CURRENT EXPENDITURES 263U0U90 1292U157 12760725 655608 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1952 Loan Funds BALANCE OF PRINCIPAL BEGINNING OF YEAR 286031 ADDITIONS Gifts from Private Sources Interest on Notes Receivable 20000 905 BALANCE OF PRINCIPAL END OF YEAR 306936 STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30 1952 Balance Balance Beginning End of Year Additions of Year LOAN FUNDS Ruth F Wright 53129 i 72 53901 Harry F Kulbersh 82500 20000 102500 Susie T Moore 100102 398 100500 Ferrell Jolly 50000 35 50035 TOTAL TRUST FUNDS 286031 20905 306936 288 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balance Receipts Disbursements July 1 1951 for Year for Year Cash Balance June 30 1952 Student Activity Tabac Coca Cola Machines TOTAL 112 11 2556 3977U6 212725 1 00209 212913 8781 2368 CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS AGENCY FUNDS LOAN FUNDS PLANT FUNDS TOTAL 007 16139 ei Y 8761 67 879150 13156 CHANGES IN CASH BALANCE Ended June 30 1952 Cash Balance Receipts Disbursements July 1 1951 for Year for Year Cash Balance June 30 1952 1110 22 793110 17518002 16931816 10035130 9508671 730308 1319596 907262 27503132 261 10190 2019901 16139 876167 879l50 13156 16081 69252 65888 l59l16 970071 9087715 3511192 6513597 2019556 37616566 30930020 8736103 BANK BALANCE The Farmers Bank of Tifton 8736103 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Appropriations State of Georgia Transfers from General Fund TOTAL ADDITIONS Funds for Plant Additions 970071 8987715 100000 10057789 289 STATEMENT OF UNEXPENDED PLANT FUNDS Continued DEDUCTIONS Expended for Plant Additions Land Buildings and Additions to Buildings Herring Hall Roofs Lewis Hall Roofs Improvements Other Than Buildings Processing Plant Refrigeration Campus Landscaping Pond Equipment Bus Tift Hall Weltner Hall Herring Hall Lewis Hall Other Deductions Expenditures Not Capitalized Architect Fees TOTAL DEDUCTIONS BALANCE END OF YEAR SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 Funds for Plant Additions 13911000 2955 k9 2955 U8 212262 100000 1014683 1450000 1141490 1141190 lUi90 llUi90 20310 613880 35lil4l92 6513597 VALUE OF PLANT JULY 1 1951 ADDITIONS DURING YEAR Expended from Plant Funds 2910002 Expended from Educational and General Funds and Included in Current Expend 331159 Expended from Auxiliary Funds and Included in Current Expenditures 3f2hhh9 INVESTMENT IN PLANT JUNE 30 1952 836148518 3565610 872114128 290 d STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 1 B Year Acquired Investment Beginning of Year Additions Investment End of Year LAND Campus and Farm 1907 1000000 V 1000000 Farm 1951 266000 1391000 1660000 TOTAL LAND 1266000 1391000 2660000 BUILDINGS Veterans Apartments 1 19U8 1000000 1000000 Library 1938 1000000 1000000 Tift Hall Administration 1907 6065311 6065311 Auditorium Gymnasium 1938 6722101 6722101 Dining Hall 1938 3171385 3171385 Weltner Hall 1936 026500 5026500 Herring Hall 1907 1250126 295519 1515675 Lewis Hall 1907 1189600 295518 11 85118 Northside 1918 1116750 1118750 Home Economics 1911 1500000 1500000 Presidents Home 1915 11121 21 11121 21 Shop No 1 1935 600000 600000 Shop No 2 1913 300000 300000 Agriculture 19U0 3212665 3212665 Old Recreation Hall Lakeside 1917 2305986 2305986 Processing Plant 1912 1000000 1000000 Storage 19l0 50000 50000 Log Cabin 1937 It 32556 It 32556 Poultry Houses 1911 1256671 1256671 Barn 19hl 100000 100000 Tenant No 1 19h0 30000 30000 Tenant No 2 1913 30000 30000 Potato House 1950 561 71 561 71 TOTAL BUILDINGS 5053552 591097 51151619 OTHER IMPROVEMENTS Heating System 1918 8578516 8578516 Water System 19U9 1 88136 1 881 36 Electrical System 1919 201350 201350 Sewage Disposal 19l8 1269091 1269091 Campus Bell System 19k9 27500 27500 Fences 19k9 10000 10000 Pond 1950 28828 101683 133511 Refrigeration 1952 212262 212262 Campus Landscaping 1952 100000 100000 TOTAL IMPROVEMENTS 10606751 11116915 11023696 291 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Tear Beginning End of Acquired of Year Additions Year EQUIPMENT Tift HaU Administrative 691003 68230 759233 Class Rooms 85900 85900 Science Labs 870358 20562 890920 Log Cabin 351756 33950 385706 Library 3865826 6652 0 3531986 Auditorium Gymnasium 2913266 2913266 Dining Hall 2016898 222022 2238920 Weltner Hall 632901 53233 686137 Herring Hall 50225U 32757 535011 Lewis Hall Furnishings 503101t 25257 528361 Home Management 228181 228181 Home Economics Building 620915 27879 6188 21 Veteran Apartments 611298 700 618998 Northside 110 969 110969 Shop New 1 2210820 182202 2383022 Shop No 2 1123300 1123300 Agriculture Building 729330 729330 Old Recreation Hall Lakeside 298510 298510 Processing Plant 797625 797625 Storage Building 371900 378900 Poultry Houses 132800 1533 l3it333 Barn 125398 125398 Farm and Campus 282270 18723 300993 Automotive Buses Trucks etc 11 70000 1 50000 1920000 TOTAL EQUIPMENT 21212215 1163568 22375783 TOTAL INVESTMENT IN PLANT 83648518 3565610 87218128 292 ALBANI STATE COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 Albany State College Albany Georgia BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable Board of Regents Veterans Administration Students TOTAL GENERAL FUNDS B AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS H AGENCY FUNDS Cash in Bank III STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Other Investments TOTAL STUDENT LOAN FUNDS IV PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 3211810 1121813 216995 627356 1966l9i 5211001 7595 1116522 191057 1615171 6856178 599997 10211 32 211875 88550 1351857 3329662 I 2210000 13810365 99371 23620519 69770255 73099917 81907919 294 JF 295 STATEMENT OF CURRENT INCOME For ear nded June 30 1932 A EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Health Service Summer Session InService Classes Other TOTAL STUDENT FEES GOVERNMENTAL State of Georgia Less Amount Unpaid at end of Year TOTAL GOVERNMENTAL OTHER SOURCES Property Rentals 3733677 322310 376102 1987769 387230 187U36 12U39li 22300000 1121813 21370157 12000 TOTAL EDUCATIONAL AND GENERAL INCOME B AUXILIARY ENTERPRISES BOOKSTORE 28601731 I 1020167 DORMITORIES Davis Hall Gibson Hall Peace Hall Boys Project McIntosh Hail Veteranfs Housing TOTAL DORMITORIES DINING HALL TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME 162337 122831 377733 212800 70825 630260 222702 6971967 10222160 38826911 296 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Total Operating Salaries Supplies Wages Expenses Equipment EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Presidents Office Registrars Office 1279735 1870931 1201516 1061763 1178580 5381t 09 109lt095 90I1I5 71766 1273857 18821 I3I1S03 26389 58665 58600 23110 TOTAL ADM AND GENERAL 5itl391t5 371523U l5319ii7 166761 STUDENT WELFARE Dean of Men 306963 266668 22lt93 17802 Dean of Women 311693 3Olii 68 7525 Health Service It53250 392750 U60 liO lliU60 TOTAL STUDENT WELFARE 1071906 3 963586 1 76058 32762 PLANT OPERATIONS 3663878 20lt2953 m69189 151736 LIBRARY 1560123 869110 215881 ltltSl32 INSTRUCTION Academic Dean 366730 31711O 7090 12500 Agriculture li71980 310331t 116 ii6 150000 Art 366562 310900 55662 Commerce 606891 550000 151191 Iilli00 Education 2985121t 2815525 16363k 5965 English and Dramatics 1297639 ll86l2li 59978 51537 Health lli0000 lli0000 Home Economics 723167 669500 U5390 8277 Modern Language 502835 500000 2835 Music 1006160 750000 162996 93161t Mathematics 880365 870000 ltl85 6180 Physical Education 6li 5866 600000 38509 7357 Science Ili068U8 1136139 llt387lt 126835 Social Science 1307360 1299500 7860 AudioVisual Aids 53618 Uil18 39500 Summer Session 2528182 2391280 125962 1091i0 InService Classes 121100 121100 TOTAL INSTRUCTION 151il0lu2 S1399751i2 859230 553655 TOTAL EDUCATIONAL AND GENERAL EXPEN27120279 2l588ii25 lil82305 13li951t9 NONEXPENSE Transfer to Plant Funds 500000 27620279 TOTAL EDUCATIONAL GEN DISBUR STATEMENT OF CURRENT EXPENDITURES Continued Object Classification Total Supplies Wages Operating Supplies Expense Equipment B AUXILIARY ENTERPRISES BOOKSTORE 1153897 20097 1109500 21300 DORMITORIES Davis Hall Gibson Hall Peace Hall Boys Project McIntosh Hall Veterans Housing 291977 320617 309lll l32l50 292618 120696 202000 231600 181000 93500 109115 156775 88821 70691 153911 38600 151083 263561 1153 18323 1503 350 29390 360 TOTAL DORMITORIES W 1770802 971020 739703 57079 DINING HALL 7378698 1085263 6272833 20602 TOTAL AUXILIARY ENTERPRISES 10303397 2079380 8122036 101981 TOTAL CURRENT EXPENDITURES 37123676 23667805 12301311 ii5i530 STATEMENT OF For 1 CHANGES IN CASH Year Ended June BALANCES 30 1952 Balance July 1 1951 Receipts For Year Disbursements For Year Balance June 30 19 CURRENT FUNDS General Auxiliary 2260338 88832 28601751 10222160 27620279 10303397 321810 7595 S23lt9l70 35826911 37923676 32521o5 AGENCY FUNDS 7053li 5716716 5217253 599997 LOAN FUNDS 671156 511093 196817 1021132 PLANT FUNDS 52865 5625000 2318203 3329662 TOTALS 3116725 50712720 15685919 8203l96 50 w 298 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance Receipts July 1 1951 For Year Disbursements Balance For Year June 30 1952 ll i Student Activities 361 88 1723723 1653711 l06i70 Bus Account 2772 102110 116929 17591 Social Science Club 222 222 Dramatic Club 1161 11602 10261 2502 Organ Drive 35132 1711 61 205182 1U1l Application Deposits 520500 11500 506000 Sales Tax 18982 18982 Payroll Deductions 3198335 3197355 980 TOTAL AGENCY FUNDS 70531 5716716 5217253 599997 BALANCE BEGINNING OF YEAR ADDITIONS State Appropriation Transfer from General Funds TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Caroline Hall Hazard Practice School Davis Hall Peace Hall Improvements Other than Buildings Landscaping Equipment TOTAL EXPENDED FOR PLANT ADDITIONS OTHER DEDUCTIONS Repairs Not Capitalized Caroline Hall Library Hazard Practice School Presidents Home Davis Hall Gibson Hall Peace Hall Veterans Housing TOTAL OTHER DEDUCTIONS TOTAL DEDUCTIONS BALANCE END OF YEAR STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 52865 5125000 5ooooo 3625000 52865 250000 16800 22700 99371 120519 320138 17250 il35618 17U550 319680 159915 181093 111611 178591 2313203 3329662 299 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 ADDITIONS DURING 195152 Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures TOTAL ADDITIONS VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS DEDUCTIONS DURING 195152 Buildings razed VALUE OF PLANT JUNE 30 1952 6783lU J4O 562285 13U95U9 101931 2013815 698I5255 75000 68770255 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 LAND BUILDINGS Investment Beginning Of Year Additions Deductions Investment End of Year 22140000 5 2210000 Margaret Hazard Library 2100000 f 2100000 Caroline Hall 9000000 52865 9052865 Dining Hall 7000000 7000000 Hazard Training School 000000 250000 250000 Gibson Hall 3000000 3000000 Peace Hall 500000 22700 14522700 J S Davis Hall 300000 16800 3li16800 Boys Project 800000 800000 Cottages I4 Buildings 300000 300000 Farm Houses 120000 120000 NYA Shop 120000 120000 Bath House 75000 75000 Presidents Home 1200000 1200000 Garage 31500 31500 Laundry 31500 31500 Maintenance Shop 90000 90000 Barn 75000 75000 Classroom Building 2700000 2700000 Veterans Housing Units 5 Bldgs 5000000 5000000 TOTAL BUILDINGS li35U3000 312365 75000 13310365 IMPROVEMENTS OTHER THAN BUILDINGS Landscaping 99371 99371 300 STATEMENT OF INVESTMENT IN PLANT Continued Investment investment Beginning End of Of Year Additions Deductions Year EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories Dining Hall Bookstore Post Office 182166 8279U 8831913 7061262 2020507 Hi28513 17135 199026 151736 115132 553655 177628 20602 21300 2021192 979650 9280075 7617917 2198135 11 19115 21300 17135 TOTAL EQUIPMENT 220J8J 5157207i 523620519 TOTAL INVESTMENT IN PLANT 6783lll0 12013815 75000 69770255 FORT VALLEY STATE COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 192 Fort Valley State College Fort Valley Georgia 303 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank Accounts Receivable Due from Endowment Funds TOTAL GENERAL FUNDS B RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS C AUXILIARY Cash in Bank Accounts Receivable Inventories TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Cash in Bank Due from Jamison Estate Investments U S Securities Preferred and Common Stock Fort Valley State College Dormitory TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS Cash in Bank Notes Receivable TOTAL STUDENT LOAN FUNDS V PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED TOTAL ASSETS f 1i1i01i755 20250 33686 1Ui58691 213577 259161 U72738 f 2737792 101863 2951u75 3135130 730116 t lW31li 33686 ll010000 12026116 1100582 6313228 i48725 U5oo 8066559 730116 6i9122 8 53225 15398258 5298810 76830661i 33559988 1156891162 131087720 lli61i2881i8 i II I 304 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Unearned Income Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balance C AUXILIARY Accounts Payable Reserve for Inventories Surplus TOTAL AUXILIARY TOTAL CURRENT FUNDS II AGENCY FUNDS I Fund Balance TOTAL AGENCY FUNDS IIII ENDOWMENT FUNDS Due to General Funds Fund Balance TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS Fund Balance TOTAL STUDENT LOAN FUNDS 1370270 1306027 178239U 661728 295U75 2177927 U 58691 U72738 3135130 730116 33686 6U575U2 53225 8066559 730116 6191228 53225 V PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Due to Endowment Funds Invested in Plant TOTAL EXPENDED TOTAL PLANT FUNDS Js 1100582 111588880 15398258 115689U62 TOTAL LIABILITIES SURPLUS AND FUND BALANCES 131087720 1161 28818 30b STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 General Income Restricted Income Total Income EDUCATIONAL AND GENERAL STUDENT FEES Matriculation NonResident Tuition Saturday Classes Health Service Summer Session Other TOTAL STUDENT FEES 5368625 16867146 980000 552600 3212637 520760 5368625 1686716 980000 552600 3212637 520760 112321368 12321368 PUBLIC APPROPRIATIONS State of Georgia Regular Appropriation Vocational Funds United States MorrillNelson Division of General Extension 29000000 3137662 3621130 120000 29000000 3137662 3621130 120000 TOTAL PUBLIC APPROPRIATIONS 29000000 16878792 35676792 ENDOWMENT General Leask 1714218 58800 1714218 5U1400 TOTAL ENDOWMENT f 228618 228618 SALES AMD SERVICES Farm 1680080 1680080 OTHER SOURCES Property Rentals 1141532 181532 TOTAL EDUCATIONAL AND GENERAL INCOME 83371598 6878792 50250390 AUXILIARY ENTERPRISES BOOKSTORE 11427999 1827999 DORMITORIES Davison Hall Huntington Hall Ohio Hall 11419383 406215 10143171 1889383 806215 1083171 TOTAL DORMITORIES f589869 TT2898769 DINING HALL 11901886 11901886 LAUNDRY 627075 627075 VETERANS HOUSING 598885 598885 SNACK BAR 15236914 1523698 TOTAL AUXILIARY INCOME 18977908 18977908 306 General Restricted Total STATEMENT OF CURRENT INCOME Continued Income Income Income C OTHER NONEDUCATIONAL INCOME Gifts and Grants Sears Roebuck and Company 80000 60000 TOTAL CURRENT INCOME 62319506 6958792 69308296 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Salaries Operating and Supplies General Restricted Wages Expense Equipment EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office 1651190 1566902 56613 27175 General Administration 2276012 257560 20181 82 Presidents Office 1035295 992900 12395 Registrars Office 9om 31 810215 91216 TOTAL ADM GENERAL 063958 3627577 2268906 1 27i75 STUDENT WELFARE Dean of Men 139979 1 20000 19979 Dean of Women 296287 280008 16279 Infirmary 623111 191100 91116 31595 TOTAL STUDENT WELFARE i 1059377 8911 08 3 130371 1 31595 PLANT OPERATIONS 8163685 f 5110167 2133295 590223 LIBRARY 2105773 871222 922858 608693 INSTRUCTION Administrative Dean 619169 4 tip 612000 27911 9255 Agriculture 3910911 2716517 1089718 1860957 716783 Art 369881 300000 56311 13513 Business Education 682071 610000 51621 171 50 Education 1519926 n05937 113989 English 1131591 1 10000 1710000 71026 60565 Health Education 1011810 970000 71211 629 Home Economics 11 72210 1 30000 16131 69 211812 13959 Languages 300000 300000 Music 1815012 1305210 169832 370000 Nursery School 75000 75000 Sciences 3065976 550000 2656000 825891 132085 Social Sciences 1557191 il 65000 70576 21615 Summer School 3018908 2866650 152858 TOTAL INSTRUCTION 2io 02719 1 66517 19905982 3tE2b 1385881 SERVICES RELATED TO INST Farm 1938683 880080 1051250 7353 307 STATEMENT OF CURRENT EXPENDITURES Continued Object Classification General Restricted Salaries and Wages Operating Supplies Expense Equipment EXTENSION InService Classes Vocational Education Division of Extension 76600 8677 2568912 120000 576600 1699159 126677 869783 1 TOTAL EXTENSION 55277 2688912 2ljOUi36 869783 RESEARCH Carnegie 100000 135111 i 235111 TOTAL EDUCATIONAL GENERAL 11119502 6990600 3iiO219S5 111 33891 2651223 B AUXILIARY ENTERPRISES BOOKSTORE moio70 59621i 13111 16 DORMITORIES Jeanes Hall Davison Hall Huntington Hall Ohio Hall 53U86 918851 259796 777832 i 91908 190172 i00720 53186 1 23913 6962I 377112 TOTAL DORMITORIES i 2009965 1085800 92U165 DINING HALL 12009285 2571063 9305676 132516 LAUNDRY 939917 815320 32116 92181 SNACK BAR 1852236 79027 1773209 VETERANS HOUSING 351205 351205 TOTAL AUXILIARY EXPEND 18563678 1610831 13728117 221727 NONEXPENSE Transfer to Plant Funds 118976 TOTAL AUXILIARY DISB 186826 C OTHER NONSDUCATIONAL Scholarships 79999 79999 TOTAL CURRENT EXPENDITURES 59683180 7070599 38632819 25212010 2878950 308 STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1952 Endowment Loan Funds Funds BALANCE OF PRINCIPAL BEGINNING OF YEAR ADDITIONS 6457512 1 53225 Income on Investments 228618 DEDUCTIONS Transfer to General Funds 228618 BALANCE OF PRINCIPAL END OF YEAR 614575 12 53225 STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30 1952 Balance Beginning of Year Additions Deductions Balance End of Year ENDOWMENT FUNDS General Fund George Leask Fund 1296299 21612143 17U218 5U1400 1714218 5UU00 1i296299 2161213 TOTAL ENDOWMENT FUNDS to 57512 228618 228618 61157512 LOAN FUNDS William Hubbard Fund 53225 53225 TOTAL TRUST FUNDS 6510767 228618 228618 6510767 309 SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 Book Value Earnings ENDOWMENT FUNDS Governmental Bonds U S Treasury 231 U S Treasury Series G 212 U S Treasury 2lk 160000 355oooo 300000 I4I4OO 88750 6750 TOTAL GOVERNMENT BONDS liOjlOOOO 99900 Stocks BorgWarner Corporation 50 shares Trust Company of Georgia 15 shares 227616 975000 2000 514000 TOTAL STOCKS 12026146 79000 Other Fort Valley State College Dormitory 110082 19718 TOTAL TRUST FUND INVESTMENTS 6313228 2 28618 STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL Julius Rosenwald Fund MorrillNelson Funds Vocational Funds Div of General Extension Carnegie Foundation TOTAL EDUC GENERAL B OTHER NONSDUCATIONAL Sears Roebuck and Company TOTAL RESTRICTED FUNDS Balance Beginning of Year Receipts for Year Disbursements for Year Balance End of Year 30000 30000 282U6U 3621130 3137662 3621130 3111359 259161 577818 120000 120000 135111 1U2737 l3253i46078792 6990600 235 80000 79999 01 toi53Bl 695792 7070599 215517 310 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance Receipts Disbursements CashBalance July 1 1951 for Year for Year June 30 1952 CURRENT FUNDS 880855 General 2152659 13371598 un 19502 Restricted 32538U 6958792 7070599 213577 Auxiliary Enterprises 2882538 18977908 18682651 2737792 TOTAL CURRENT FUNDS 8920581 69300290 66072755 73S6i2l AGENCY FUNDS U6UU 35 8262501 3996820 730116 PLANT FUNDS 2093196 16235180 2930118 15398258 TRUST FUNDS 188318 Endowment 75056 69258 Loan 50600 17125 19000 88725 TOTAL TRUST FUNDS 155656 86383 I90O 193039 TOTALS 7603868 89892362 73818693 23677537 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 Alumni Association 71738 3197291 71731 Athletics and Student Activities 229716 2923619 U3959 Faculty Gift Fund 8110 23950 26778 5286 Fraternities and Sororities 20555 65750 68709 17596 Room Deposits 68965 112335 155810 55890 Student Deposits 60981 62200 58835 68386 Application Deposits 660850 105227 555623 Sales Tax 1371 83797 88171 TOTAL 868835 8262501 13996820 730116 311 STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30 1952 Fund for Funds for Plant Debt Additions Service Total BALANCE BEGINNING OF YEAR 2093196 2093196 ADDITIONS Income Fire Loss Recovery Stevens Cottage 82506 82506 Fire Loss Recovery Agriculture Classroom 3937ii 3937U State of Georgia Repairs Rehab of Plant 1967500 1967500 State of Georgia Home Ec Bldg Repairs and Equipment 1565000 1565000 State of Georgia General Purpose Barn 1380800 1360800 State of Georgia Fire Safety Program 6330000 6330000 State of Georgia Barn Equipment Shed 1670000 1670000 State of Georgia Landscaping 150000 150000 State of Georgia Home Mgt House Acct Fees 3050000 3050000 NonIncome Transfer from Auxiliary Bounds 116976 11897 TOTAL ADDITIONS 16235160 118976 t 1635U156 DEDUCTIONS Expended for Plant Additions Land 1512270 1512270 Jeanes Hall New Mens Dormitory 51587 51587 For Maintenance Warehouse 47000 47000 Razing Barn and House 25007 25007 Repairs and Rehab of Plant 1076270 1076270 Home Economics Building Repairs 62610 62810 General Purpose Barn 30000 30000 Fire Safety Program 7858 7858 Barn Equipment Shed 15000 15000 Landscaping 102316 102316 TOTAL 2930118 2930118 Loans Repaid Endowment Funds 69258 69258 Other Deductions Interest on Indebtedness 49718 V 49718 TOTAL DEDUCTIONS 2930118 116976 30U909U BALANCE END OF YEAR 15398258 1 O 1 15398258 312 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds included in Current Expenditures Expended from Auxiliary Enterprises Adjustments for Previous Years TOTAL ADDITIONS VALUE OF PLANT PLUS ADDITIONS JUNE 30 1952 DEDUCTIONS FOR YEAR Buildings Razed VALUE OF PLANT JUNE 30 1952 DEDUCT Loans Payable INVESTMENT IN PLANT JUNE 30 1952 11069839k 2930118 265U223 2214727 175000 59814068 1166821462 993000 115689U62 1100582 1114588880 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year LAND Campus 97 acres 1895 976500 976500 Farm 50 acres I9I4O 307500 307500 Fanr 21965 acres 19U3 926200 926200 Farm 130 acres 1950 1576310 15763140 Farm 1389 acres 1952 1512270 1512270 TOTAL LAND AND IMPROVEMENTS 37865140 1512270 5298810 BUILDINGS Library and Office Building 1925 2750000 2750000 Huntington Hall 1908 1665000 1665000 Robert Mi Patton Hall 1937 U905000 14905000 Laundry 1916 290000 290000 Home Management House 19ll 300000 300000 Samuel H Bishop Dining Hall 1932 5000000 5000000 313 STATEMENT OF INVESTMENT IN PLANT Continued B Investment Investment Year Beginning End Acquired of Year Additions Deductions of Year BUILDINGS Continued Academic Building 1929 12060000 12060000 Peabody Trade Building 1926 3200000 3200000 Agriculture Classroom Bldg 19U7 3000000 3000000 Farm Buildings Mule and Feed Barn 700000 700000 Dairy Barn 300000 300000 Potato House No 1 51ooo 51000 Potato House No 2 10000 10000 One Laying House 30000 30000 One Brooder House 20000 20000 Cannery 10000 10000 Farm Dwelling No 1 36000 36OOO Farm Dwelling No 2 25000 25000 Farm Dwelling No 3 31000 31000 Farm Dwelling No 1 18600 18600 Farm Dwelling No 5 U5ooo 15000 Farm Barn No 1 27000 27000 Farm Barn No 2 15000 15000 Farm Dwelling No 6 27000 27000 General Purpose Poultry House 30000 30000 Garage Coop No 1 35000 35000 Brooder Houses 20000 20000 Farm Dwelling No 1 Haddock 50000 50000 Farm Dwelling No 2 Haddock 10000 0000 Davison Hall 1918 22198616 22198616 Brooklyn Cottage 1920 80000 80000 Infirmary 1931 1600000 1800000 Athletic Field House 19U0 50000 50000 Beauty Parlor 1915 25000 25000 Presidents House 1900 1570000 1570000 Richardsons Cottage 1920 185000 185000 Harris Cottage 1921 360000 360000 Coop No 1 1911 270000 270000 Coop No 2 1911 270000 270000 Garage No 1 19U0 181000 181000 Garage No 2 1910 82500 82500 Stevens Cottage 1938 110500 110500 Ohio Hall 1930 10000000 10000000 Usher Cottage 1931 1 36600 36600 Veterans Units 1000000 1000000 Buildings and Improvements under Construction 11 17818 1117818 TOTAL BUILDINGS 1 76230816 1592BUB 1993000 76830661 314 STATEMENT OF INVESTMENT IN PLANT Continued C EQUIPMENT Administrative Offices Physical Plant Library Dormitories Dining Hall Farm Laundry TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Year Acquired Investment Beginning of Year Additions Investment End Deductions of Year 11192699 15835778 5361852 3213816 lo67ll5 31061 18 62070 1976107 608693 1325U6 7353 92181 1551769 17811885 5973515 3213816 1799991 3113801 92181 306810735 2878950 T 335759955 110698391 5981068 993000 115689U62 315 SAVANNAH STATE COLLEGE FINANCIAL REPORT FOR THE YEAR ENDING June 30 1952 Savannah State College Savannah Georgia 317 II III BALANCE SHEET June 30 1952 ASSETS CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable Due from Auxiliary Enterprises TOTAL GENERAL FUNDS B AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores Inventory TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS PLANT FUNDS A UNEXPENDED Fund Balance 1316519 2720151 1200000 114367 U 75856 1118263 5236670 30 081 86 1609082 8215156 1609082 5251979 B EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 12183850 995 10082 11077700 35327299 161128931 166383910 176238118 318 BALANCE SHEET June 30 192 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Reserved for Unearned Income Surplus f 766972 1212250 1001iil0 19526038 TOTAL GENERAL FUNDS 2236670 B AUXILIARY Accounts Payable Due to General Funds Reserve for Stores Deficit 1017896 1200000 1118263 327673 TOTAL AUXILIARY TOTAL CURRENT FUNDS 3008U86 8212156 II AGENCY FUNDS Fund Balance 1609082 TOTAL AGENCY FUNDS 1609082 III PLANT FUNDS A UNEXPENDED Fund Balance 2221979 B EXPENDED Due to University of Georgia Invested in Plant TOTAL EXPENDED I 2222131 128603797 161128931 TOTAL PLANT FUNDS 166383910 TOTAL LIABILITIES SURPLUS AND FUND BALANCES 176238118 319 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES NonResident Tuition Matriculation Health Service Summer Session Fees Other Student Fees TOTAL STUDENT FEES 3772997 7725650 790501 5016850 218505 17521503 PUBLIC APPROPRIATIONS State of Georgia Chatham County Board of Education Division of General Extension Division of Vocational Education U S Post Office TOTAL GOVERNMENTAL FUNDS iaoooooo 1351007 l0lp66 537537 270000 15565710 SALES AND SERVICES 113209 OTHER SOURCES Rents from Property General and Miscellaneous TOTAL OTHER SOURCES 568953 212513 781i66 TOTAL EDUCATIONAL AND GENERAL INCOME 61981888 AUXILIARY ENTERPRISES COLLEGE INN 3210101 DINING HALL 9lOl33l DORMITORIES Hill Hall Hubert Hall Parsons Hall TOTAL DORMITORIES 773706 1390689 311872 5506267 LAUNDRY 1029861 AGRICULTURE PROJECT 4 731313 TOTAL AUXILIARY INCOME 16881912 NONINCOME RECEIPTS From General Funds 500000 TOTAL CURRENT INCOME 79366800 320 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1 1952 Object Classification Operating Salaries Supplies Total Wages Expense Equipment I A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Alumni and Public Relations 851215 610916 ll7ll5 62851 Business Office 1931311 1719185 117215 67911 General Administrative Expense 2l32230 630776 I80ll5i Presidents Office 1508801 1298616 153166 57019 Post Office 381208 277525 6362 97321 Registrars Office 1653197 1192158 221319 239720 TOTAL ADMINISTRATIVE GENERAL 7095 57552o6 2i76961 TT STUDENT WELFARE Director 6o512i 519608 62239 23577 Dean of Men 29M62 260000 12612 22250 Dean of Women 161957 1 26666 13011 22250 Health Service 621530 5o55oo 90103 28927 TOTAL STUDENT WELFARE 1986773 1711771 177995 97001 PLANT OPERATIONS 10958205 i 1501120 51 58151 995931 1 LIBRARY 2l82lll 1305000 22ll81 952930 INSTRUCTION Dean of Faculty 1100592 695525 217308 187759 Agriculture 315136 3i5ooo 136 Arts and Sciences 1521331 1050131 130625 10572 Biology 1200229 830000 l07ll6 262813 Business 1993080 1798333 31989 159758 Chemistry 890628 712667 110588 67373 Education 2660292 2513365 92277 21650 Fine Arts 1289330 1010000 81830 167500 Health and Physical Education 2131760 1788332 66555 279873 Home Economics 2k86296 2062000 268901 155395 1 Industrial Arts 6812576 5079156 1181109 579011 Languages and Literature 2338810 2303236 22671 12900 Mathematics 997175 970000 110 27065 Physics 570810 l 00000 53737 117073 Social Science 2373036 2305661 5391 61981 Summer School 1890887 1612500 278387 Training School 11 91550 1393233 17867 83l50 TOTAL INSTRUCTION 35099818 29899112 2973500 227176 EXTENSION F3OT7W 1 268310 1 76539 TOTAL EDUCATIONAL GEN EXPEND 59633081 l3l17582 11387630 1797872 NONEXPENSE Transfer to Auxiliary Enterprises 5ooooo Transfer to Plant Funds 1 650000 TOTAL EDUCATIONAL GENERAL DISB 60783081 1 321 STATEMENT OF CURRENT EXPENDITURES Continued B AUXILIARY ENTERPRISES COLLEGE INN DINING HALL DORMITORIES Hill Hall Hubert Hall Parsons Hall TOTAL DORMITORIES LAUNDRY AGRICULTURE PROJECT TOTAL AUXILIARY ENTERPRISES NONEXPENSE Transfer to Plant Funds Due to Agency Funds TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES Total Operating Salaries Supplies Mages Expense Equipment 33U65lii 765U6o 2567U52 13602 8826378 1690213 6766789 369376 729187 852780 299858 237859 U6U253 27075 35735U U95U26 299858 88i825 593215 1259537 27075 S 7IjS535 369380 350799 25356 1036155 38t020 652060 5 75 15836U07 38oU286 11596637 U35U8U 201700 850 16038957 768220 iq 322 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Balance Receipts Disburse Balance July 1 1951 for Year ments June 30 192 CURRENT FUNDS General Auxiliary 111715 7lU12 61981888 60783081 17381912 16038957 1316519 1U1U367 TOTAL CURRENT FUNDS 180127 79366800 768220141 2730886 AGENCY FUNDS 500121 10003610 895U606 1609082 PLANT FUNDS 5JTg5ir 10510000 9270575 S525U979 TOTALS 1761805 9988oUUU 95017302 9591917 BANK BALANCES Liberty National Bank and Trust Company Educational and General 6586952 Auxiliary Enterprises lit 18533 Agency Funds l529l62 Petty Cash 60OOO TOTAL 959l9U7 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Fund Balance Receipts Disburse Fund Balance July 1 1951 for Year ments June 30 1952 Campus Chest 220539 221286 318916 122879 Class Accounts 88872 11639 17233 Due from Other Funds Scholarships Awards Prizes 33500 62018 33500 159500 220950 568 Student Activities 181035 3168796 2893270 u59561 Student Organizations 116305 92215 81569 123981 Student Deposits 936110 161200 775210 Sales Tax Payable 10727 708OI 67362 11166 Teachers Retirement Withholding Tax Mutual Insurance Account l6o5o8 3516780 110916 l60l508 3516780 U5U62 651 51 TOTAL 56oi2l 10003611 8951686 1609082 323 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Transfer from General Funds Transfer from Auxiliary Funds Regents Allotments TOTAL ADDITIONS PLUS BALANCE DEDUCTIONS Expended for Plant Additions Land Acquisition Buildings and Additions to Buildings Building U0 Hill Hall Parsons Hall White Hall Laundry and Heating Plant TOTAL BUILDINGS ADDITIONS TO BLDGS Equipment Meldrim Hall White Hall TOTAL EQUIPMENT Improvements Other Than Buildings Athletic Stadium Plants and Shrubbery Steam Distribution Lines Water System TOTAL IMPROVEMENTS OTHER THAN BLDGS TOTAL EXPENDED FOR PLANT ADDITIONS Indebtedness Retired Other Deductions Payment to University of GeorgiaEndowment Funds Other Expenditures Not Capitalized Interest on Indebtedness Roof Repairs Preventive Maintenance Winds Storms TOTAL EXPEND NOT CAPITALIZED TOTAL DEDUCTIONS BALANCE END OF YEAR Funds for Plant Additions Funds for Debt Service Total Uoi555U ltO15551l 60000 9860000 201700 650000 201700 9860000 TO5755F3T 1201700 1U72725R 573000 573000 785000 280000 29870 3138907 785000 280000 29870 3138907 U233777 U233777 e 623320 1589691 623320 1589691 i 2213011 5 2213011 8 20800 152U25 353951 U60700 S 20800 i52U25 353951 U60700 987876 1 987876 1 8007661 8007661t 3 122278 122278 U7978U 783127 79U22 79U22 U7978lt 783127 1262911 1 79U22 5 13U2333 9270575 201700 9172275 525U979 5251t979 324 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 119070712 ADDITIONS DURING YEAR Expended from Plant Funds 8007661 Expended from Educational and General Funds and Included in Current Expenditures 1797872 Expended from Auxiliary Funds and Included in Current Exoenditures lu35181 TOTAL ADDITIONS 13211020 VALUE OF PLANT PLUS ADDITIONS JUNE 30 1952 162311732 DEDUCTIONS DURING YEAR Adjustment for Prior Years 1182801 VALUE OF PLANT JUNE 30 1952 161128931 DEDUCT Loans Payable University of Georgia 2525131 INVESTMENT IN PLANT JUNE 30 1952 158603797 325 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year LAND Campus 1890 111400000 7143850 121143850 OffCampus Uoooo 0000 TOTAL LAND fiiit0000 73850 12183850 BUILDINGS Adams Hall 1932 6535000 6535000 Band Stand 19U1 60000 60000 Barbecue Pit 65ooo 65000 Boggs Hall 1890 1032818 1032818 Building U0 1952 785000 785000 Camilla Hubert Hall 1937 lii301000 iU3oiooo College Inn 19U7 1150000 1150000 Community House 1938 1335000 1335000 Concession Stand 1951 175000 175000 Cottage 1 1903 700000 700000 Cottage 2 1908 620000 620000 Cottage 3 1908 785ooo 785000 Cottage U 1931 375000 375000 Cottage 5 1932 890000 890000 Cottage 6 1908 792320 792320 Cottage 7 1908 887500 887500 Cottage 8 1936 6o5ooo 6o5ooo Cottage 9 1951 700000 700000 Creamery and Dairy Lab 19Ht 00000 1400000 Dairy Bara 1921 858000 858000 Farm Shop and Cannery 1938 1616200 58100 16714600 Field House 1938 500000 27000 527000 Fine Arts Building 19U7 2025000 88700 2113700 Garage 5oooo 50000 Hammond Hal 1908 1065000 1065000 Herty Hall 1938 6150000 6150000 Hill Hall 1905 12290355 280000 12570355 Incubator Houses 5 1938 1471000 1471000 Infirmary 19U7 1867500 1867500 Information House 1938 65000 65000 Laying Houses 2 1939 100000 100000 Masonry Shop 1939 66000 66000 Meldrim Hall 1923 12ij 066 6I4 12l40666I Morgan Hall 1936 3770000 3770000 Paint Shop 1938 It66000 66000 Parsons Hall 1890 5575900 29870 5605770 Powell Laboratory School 1935 1530000 1530000 Shoe Shop 1920 10000 It 10000 Storage House Maintenance 1939 50000 50000 Trades Building 1915 2990000 2990000 White Hall 1951 91408148 3138907 Uo79755 Wilcox Hall 193U 8060100 8060100 TOTAL BUILDINGS I9I4257205 5282877 995ItOO82 326 STATEMENT OF INVESTMENT IN PLANT Continued Iuve stment nv estment Beginning of Year Additions DeductionsYear C IMPROVEMENTS OTHER THAN BUILDINGS Campus Lighting System Development of Athletic Field Streets and Sidewalks Steam Distribution Lines Telephone System Water System TOTAL IMPROVEMENTS 55000 00 135U886 35000 00 15000 00 80000 1253363 5U000 20800 353951 U60700 555Uooo 1375686 3500000 1853951 80000 17lUo63 131882R9 5 839L51 1U07770 D EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Extension College Inn Dining Hall Dormitories Faculty Dwellings Farm Laundry Personnel Services TOTAL EQUIPMENT 2096UU3 3208565 iil9U221 11953725 890e50 k95336 1561835 191i187U 833668 1898205 1668878 2U3U58 301 85258f 101583 9lp7o96 1858399 2652597 7600 78U3U 60718 UU2iU5 U8793 1939U8 868362 992280 152132 7 7n1 i i68373 2198026 Ul50361 6052620 lU606322 96650 573770 1622553 1U99729 882U6l 17OU257 I5kli960 395590 35327299 TOTAL INVESTMENT IN PLANT LU9070712 13686592 1628373 161128931 327