Annual financial report, University System of Georgia, for the year ended June 30, 1953

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ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA
For the Year Ended
June 3 0 , 1953
Hfegents of the University System of Georgia 20 Ivy Street, S. E. Atlanta
1

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Mi^chRS OK T*iE SOARS OF REGENTS OF TiiE UNIVERSITY SYSTEM OF GEORGIA
June 30, 1953

Robert 0. Arnold Charles J. Bloch Cason J. Callaway Edgar 8. Dunlap, Sr. Rutherford L. Ellis Frank D. Foley Roy V. Harris Mrs. William Healey John J. McDonough C. L. Moss James Peterson Freeman Strickland Francis Stubbs Carey williams H. L. Wingate

Covington Macon Hamilton Gainesville Atlanta Columbus Augusta Atlanta Atlanta Calhoun Soperton Atlanta Douglas Greensboro Pelham

Term Expires

1956

1957

1953

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1959

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19$h

1956

1958
I960

1957

1959

1955 I960

1957

1955

195U

Officers of the Board of Regents

Robert 0. Arnold

Chairman

John J, McDonough

Vice-Chairman

Harmon . Caldwell

Chancellor

I

Henry King Stanford

Asst-Chancellor 5

J. H. Dewberry

Director rf Plant and 'Business Operations

c

L. R. Siebert

Executive Secretary

J

James A. Blissit

Treasurer

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BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

TABLE OF CONTENTS
Letter of Transmittal................................ . Summary ................... ........................... Consolidated Statements.... ......................... University System of Georgia - General Activities .... The University of Georgia - Summary .................. The University of Georgia - Consolidated............ The University of Georgia, Athens .................... Agricultural Extension Service, Athens ............. . Atlanta Division of the University of Georgia, Atlanta Agricultural Experiment Station - General ............ Agricultural Experiment Branch Statj o n s .... ......... College Experiment Station, Athens ................... Georgia Experiment Station, Experiment .............. Georgia Coastal Flain Experiment Station, Tifton .... Georgia Institute of Technology, Atlanta ............ North Georgia College, Dahlonega ..................... Georgia State College for Women, Milledgeville ...... Georgia Teachers College, Statesboro .......... . Valdosta State College, V a l d o s t a ........... ...... . Medical College of Georgia, Augusta ................. South Georgia College, Douglas West Georgia College, Carrollton .................... Middle Georgia College, C o c h r a n ..... .............. . Georgia Southwestern College, Americus................. Abraham Baldwin Agricultural College, T i f t o n ........ . Albany State College, A l b a n y ....................... .. Fort Valley State College, *'ort V a l l e y .............. . Savannah State College, S a v a n n a h ....... ..........
3

4
5
14 29 37 53 59 107 115 125 129 137 145 159 169 207 219 233 245 257

TABLE OF CONTENTS

Letter of Transmittal....................................... .............. 4

S u m m a r y .................................................................. ..5

Consolidated Statements ...........................................

14

University System of Georgia - General Activities .......... .............. 29

The University of Georgia - S u m m a r y ............ .......................... 37

The University of Georgia - Consolidated....................... ............ 53

The University of Georgia, A t h e n s ..... .................................... 59

Agricultural Extension Service, Athens ............ ........ ....... .

107

Atlanta Division of the University of Georgia, A t l a n t a ....... ............ 115

Agricultural Experiment Station - General ................................. 125

Agricultural Experiment Branch Stations ......... .............. ....... .....129

College Experiment Station, Athens ....................... ................. 137

Georgia Experiment Station, Experiment.................................. 145

Georgia Coastal Flain Experiment Station, Tifton .......................... 159

Georgia Institute of Technology, Atlanta ................................... 169

North Georgia College, D a h l o n e g a ........................................... 207

Georgia State College for Women, Milledgeville.............. ............. 219

Georgia Teachers College, Statesboro ....................................... 233

Valdosta State College, V a l d o s t a ........

245

Medical College of Georgia, A u g u s t a ........... .................... ....... 257

South Georgia College, Douglas

-- #* ................. 271

W est G eorgia College, Carrollton ........... ............... ............. .. 287

Middle Georgia College, Cochran ............................ ............... 297

Georgia Southwestern College, Americus..................................... .307

Abraham Baldwin Agricultural College, T i f t o n .............................. 317

Albany State College, A l b a n y ...................... ............. ........... 527

Fort Valley State College, *ort V a l l e y .................................... 337

Savannah State College, S a v a n n a h ....... . *...... ..................... ..35 3

REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA
tO IVY STRUT, S. I.
ATLANTA
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, 1953.
This represents the sixth 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 financial operations of the System for the periods covered, for the information and reference of all persons concerned or interested.
Xou 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 institutions comprising the University System.
Respectfully submitted
'James A. Blissit, Treasurer November 6, 1953
4

SUMMARY

Sc op e of Report

The Annual Report contained herein covers all financial operations of the University System for the fiscal year ended June 30, 1953. This report has been prepared generally in accordance with the standards recommended by the National Committee on Standard Reports for Institutions of Higher Education. All statements and schedules were prepared on a cash receipts and disbursements basis with the exception of the balance sheets and statements of surplus which were prepared on a modified accrual basis.

Income from State Appropriation for all activities amounted to $12,606,236 as compared with 112,033000 for previous year.

The following state appropriation was made to the University System for the year ended June 30, 1953

For the cost of operating the State Board of Regents and for aid to

the University System

$ 6,6li5,000

For annual payment to University of Georgia for old bank

stock item

8,000

For the purchase, maintenance, and operation of mobile

soil testing units

70,000

For cost of operating the State Soil Conservation Committee

25,000

For the cost of use and/or acouiring additions to plant

and equipment for the University System from the

University System Building Authority

500,000

For aid to University System for maintenance and for

new buildings, plant and equipment

i;,985,000

For development of Rock Eagle Project

300,181

For acquisition of property for Medical College ofGeorgia

5U,305

For increased aid for indigent patients at Medical

College of Georgia

18,750

Total Appropriation

$12,606,236

The State Appropriation for general purposes remained the same for 1952-53 as for the pervious year. The difference in the ^otal appropriation for the two years is due to the fact that a special non-recurring appropriation of $^00,000 was received during the year 1951-52, whereas, special appropriations totaling $373,236 as represented by the last three items listed above were received during 1952-53. The regular appropriation for each of the last two years amounted to $12,233,000 for each year.
The balance in the Regents Allotment Account on July 1, 1952, was $360,li;6. During the year this account was increased by a State Appropriation of $12,606,236 as referred to above, and by the repayment of an appropriation advance to the Abraham Baldwin Agricultural College of $10,000, making a total of $12,976,382 available for allocations. Of this amount, the Board of Regents approved allocations
totaling $12,670,635 leaving an unallocated balance at June 30, 1953 of $3Q5,7U7.

5

Total Income from all sources amounted to $28,1*62,5315 an increase of $769,618
over 1951-52.

The University System received income during the year as 'listed below in com-

parison with the income received during the previous year.

Increase or

Source State Appropriation Internal Income

1951-52

1952-53

(Decrease)

$12,633,000 $12 ,606,236 #(26,761*)

For Educational and General Purposes For Auxiliary Enterprise Operations

9,951+,331 10,063,036 108,705

h,732,325

U, 93 8,167 205,81*2

For Plant Additions and Improvements For Student Aid
Total Income for Current and Plant Purposes

21*2,51*2 150,715

709,753 1*67,211 165,339 11*,621*

$27,712,913 $28,1*82,531 $769,618

Total Expenditures for the year amounted to $28,990,51*1 an increase of $3,890,750 over previous year.

Expenditures for current operations and plant additions and improvements made during the year are compared with the expenditures for 1951-52 in the following table.

Expenditures Made For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid
Total Expenditures

1951-52
117 ,527,380 1*,260,282
3,019,099
293,030

1952-53 $19,067,160
1+,2 1 1 ,555
5,378,595 333,231

Increase or (Decrease) $1,539,780
(1*8,727) 2,359,1*96
1*0,201

$25,099,791 #28,990,51*1 13,890,750

Income for Educational and General purposes totaled #19,830,286, an increase of

J

5.7%.

The income received during the year for Educational and General operations is

compared below with the income received during the previous year.

Increase or

Source

1951-52

%

1952-53

% (Decrease

%

Student Fees Matriculation Non-Resident Tuition Summer Session Other Fees Total Fees

$ 2,886,699 1,305,221 588,910 300,361
$ 5,08i ,191

15.1* 7.0
3.1 1.6 27.1

$ 2,770,597 912,035 522,1*50 230,382
$ 1*,1*35,1+61*

ik.o
1*.6 2.6 1.2 22.1}

$ (116 ,102) ( It.o)
(393,186) (30.1)
( 66,1*60) (11.3)
( 69,979) (23.3)
"(1*5.727) (12.1)

Gifts, Grants & Endowment Gov't other than State Sales and Services Other Sources
Total Internal Income

$ 562,216 2,096,329 2,089,131 125,1*61*
1 9,951*, 331

3.0 11.2 11.1
0.7 53.1

$ 775,970 2,110,738 2,622,890 117,971*
$10,063,036

3.9 10.6 13.2
0.6
50.7

1 213,751* 38.0
11*,1*09 0.7 533,759 25.5 ( 7,1+90) ( 6.0)
$ 108,705 1.1

State Appropriation

8,802,000 1*6.9

9,767,250 1*9.3

965,250 11.0

Total Income

$18,756,331 100.0

$19,830,286 100.0 $1,073,955

5.7

6

It will be noted that student fees produced 12.7$ less income than for the previous year and that this source of income produced only 22.1*$ of the total income for Educa tional and General purposes during 1952-53 as compared with 27.1$ 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.

Hatriculat ion Non-Resident Tuition Summer Session Other Fees
Total Student Fees

1951-52 $2,796,956
1,iia,272 752,807 298,961

1952-53
$2 ,7^7 ,8 0 6
929,303 507,1*79 223,1*72

Decrease
$ 1*9,i5o
211,969
21*5 ,3 2 8
75,1*89

$1*,989,996 $1*,1*0 8 ,0 6 0 $581,936

$ 1.0
18 .6 32.6
25.3
11.7

A look at the enrollment statistics for the two years will explain the reduction in student fees. After reducing the total enrollment to an equivalent full-time basis,
the average equivalent full-time enrollment for the year was only 1% below that for
1951-52. However, the enrollment of veteran students for whom an adjusted rate of tuition was paid continued a rapid decline. This adjusted tuition is reported under non resident tuition for the fall, winter and spring quarters and under summer session fees for the summer quarter. This explains the reduction in fees from non-resident tuition and in part from the summer session. The fees from the summer session were further reduced by a reduction in enrollment of 23.1$ as compared with the summer session of 1951-52. The enrollment during the fall, winter and spring quarters was i*.2$ higher than during the same periods for 1951-52.

A significant change in the income for 1952-53 as compared with the previous year was in the amount collected from sales and services. This increase was dub in most part to the large increase in research services performed by the Engineering Experiment Station of the Georgia Institute of Technology. Of the total increase, $522,008 was from that source.

The amount of State Appropriation allocated for Educational and General operations was 11.0$ greater than the amount allocated for the previous year. With this increase, the state appropriation represented 1*9.3$ of "the total income for Educational and General purposes as compared with 1*6.9$ of the total for the previous year.

Educational and General Expenditures amounted to $19,067,l60.

The expenditures for Educational and General purposes were $1,539*780 or 8.8$ in

excess of the amount expended during the previous year. These expenditures are compared

by function in the following table with the expenditures for 1951-52.

1951-52

$ 1952-53

Increase or
% (Decrease) %

Administrative & General

$ 1,1*51,772 8.3 $ 1,595,561 8.1* $ 11*3,789 9.9

Student welfare

31*5,81*3 2.0

377,51*7 2.0

31,701* 9.2

Plant Operations

1,806,71*9 10.3

1,711*,770 9.0

(91,979) (5.1)

Library

659,1*71* 3.8

728,118 3.8

68,61*1* 10.1*

Instruction

6,887,191 39.3

7,295,1*06 38.2

1*08,215 5.9

Act. Related to Instruction

61*9,537 3.7

633,807 3.3

(15,730)( 2.1*)

Research

2,970,737 16.9

3,92l*,91*1* 20.6

951*,207 32.1

Agricultural Extension

1,916,879 10.9

2,009,259 10.5

92,380 1*.8

General Extension

839,198 i*.8

787,71*8 1*.2

(51,1*50) (6.1)

Total

$17,527,380 100.0 $19,067,160 100.0 $1,539,780 8.8

7

The most significant change in the expenditures for the year as compared with the previous year was in the amount expended for research activities. As will be noted from the above comparison, the expenditures for this purpose were $951+, 207 or 32.1;? greater than for the previous year. Of this increase $545,093 represented an increase in the expenditures of the Engineering Experiment' Station of the Georgia Institute of Technology and 3292,736 an increase in the research expenditures of the Agricultural Experiment Stations of the University of Georgia.

Educational and General Surplus increased by $109,601.

The University System ended the fiscal year with an Educational and General Surplus of $1,859,910; as compared with a surplus of $1,750,309 at June 30, 1952. On an accrual basis as computed in the statement of surplus to be found later in this report, income exceeded expenditures by $650,756; and $9,731+ was transferred from other funds; resulting in a total increase in the surplus account of $660,1+90. The reductions in surplus were as follows: Transfers to Plant Funds were made in the amount of $387,800; surplus reserves were increased by ->105,191; the Regents' Allotment account was reduced by $54,399; and other adjustments amounted to $3,500.

The following summary of the Educational and General section of the balance sheet
is given to compare the assets and liabilities as of June 3 0 , 1953 1with those of the

previous year.

June 30

June 30

Increase or

Assets Cash on Hand and in xanks Accounts Receivable
Other assets

1952 $2,153,971
588,376 12,337

1953 $2,1+93,978
577,830 16,087

(Decrease) $31+0,007
(10,51+6) 3,750

Total Assets

$2,751+,681$ $3,087,895 $333,211

Liabilities and Surplus Accounts Payable Purchase Orders Outstanding Unearned Income Other Reserves Restricted Fund Balances Unappropriated Surplus
Total Liabilities and Surplus

$ l+l+,656 21+1,383 211,271 1+8,633 1+57,932
1,750,309'

$ 152,390 218,855 207,176
61,567 587,997 1,859,910

$107,731+ (23,028) (it,095) 12,931+ 130,065 109,601

$2,751+,681$ $3,087,895 $333,211

Receipts from Auxiliary Enterprise Operations were k3% greater than receipts for
the previous year.

Receipts during the year from the operation of Auxiliary Enterprises amounted to

$1+,938,167 as compared with receipts of $1+,732,325 for 1951-52. The receipts by sources for the past two years are campared in the following summary:

Increase or

Dormitories Dining Halls Bookstores Apartments and Dwellings Other Activities

1951-52 I 885,209
2,Oll+,8l8 1,275,1+27
210,728 31+6,11+3

1952-53 $ 953,950
2,179,369 1,258,336
21+7,253 299,259

(Decrease)
1 68,71+1 l61+,55l (17,091) 36,525 (lt6,881t)

Total Receipts

$4732,325 $1+,938,167 $205,81+2

Expenditures for Auxiliary Enterprise Operations Amounted to $!/,211,555,

The Auxiliary Enterprise expenditures for 1952-53 were *118 ,7 2 7 less than the

expenditures of J/,260,282 made during 1951-52. Outlined below is a comparison of the expenditures for the past two years.

Increase or

Dormitories Dining Halls Bookstores Apartments and Dwellings Other activities

1951-52 687,1/11
1,977,219 1,210,1141
100,897
28I4,6lla

1952-53
$ 696,229
2,01/8,185
1 ,1 2 5 ,3 1 0
92,385
21/9 ,1/1/6

(Decrease)
1 8,818 70,966
(81/, 831)
(8,512) (35,168)

Total Expenditures

$14,260,282 $1/,211,555 5(1/8,727)

Auxiliary Enterprise Operations result in a net income of $712,769.
Considered on an accural basis as reflected in the statement of surplus found
later in this report, the income from operations exceeded expenditures by $7 1 2 ,76 9 .
This represents a substantial increase over the net earnings of only 51/00,0l/5 for the previous year. In addition to the net income, the surplus account was also increased by a reduction in surplus reserves of $6,927, making a total to be added to the surplus account of $719,696. During the year $1/01,570~ was transferred from
the surplus account to Plant Funds, and $14,330 was transferred to other funds. This resulted in a net increase in the surplus account during the year of $3 1 3 ,5 9 6 , leaving
a surplus at June 30, 1953, of $1,21/3,815 as compared with $930,019 at June 30, 1952.
Income for Student Aid amounted to $31/7,338.
During the year, income for student aid was received in the amount of $3147,338
as compared with $302,965 for the previous year. Of this amount $182,000 was allocated
by the Board of Regents from the State Appropriation; $1 /45,000 for scholarships to
Negro students attending institutions other than units of the University System, and 37,000 for the Southern Regional Education Board. Listed below are the sources from which this income was received as compared with the previous year.

Endowment Income Gifts and Grants State of Georgia

1951-52 $ 18,81/5
131,870 152,250

Total Income

$302,965

Expenditures for Student Aid amounted to $3 3 3 ,2 3 1 *

1952-53
1 6,61/2
158,696
182,000
$31/7,338

Increase or (Decrease) 1(12,203)
26,826
29,750
$ 1/1/,373

During the year, $333,231 was expended for student aid as compared with $293,030 for the previous year. The expenditures are compared with the expenditures for 1951-52 in the following summary.

Fellowships Scholarships Other

1951-52
$ 20 ,1/01/
223,1/13
1/9,213

1952-53 $23,212 258,098
51,921

Increase or (Decrease) $2,808
31/,685 2,708

Total Expenditures

$293,030 $333,231

$1/0,201

9

Included under ''Scholarships" above is $120,718 for 1951-52 and $li*7,1*87 for 1952-53 expended for scholarships for Negro students. Included under ''Other" is $36,250 for 1951-52 and $37,000 for 1952-53 paid the Board of Control for Southern Regional Education as the cost of the State of Georgia's participation in this program.

Agency Funds were held amounting to $71*3,861*.

The University System held Agency Funds at June 30, 1953, having a total fund balance of $71*3,861*. This was composed of funds received and held by various units as custodians, and consisted mainly of unexpended student activity fees, funds of student organizations and funds deposited with the institutions by students for safekeeping.

Endowment Fund Assets were increased to $3,956,976.

The University System held Endowment Fund Assets at June 30, 1953 in the amount of $3,956,976. This amount was composed of cash in the amount of -$102,1*85 and investments totaling $3,851*,1*91. Listed below is a summary of the investments at June 30, 1953 as compared with the investments at the end of the previous year.

U. S. Government Bonds State and Municipal Bonds University System Building Authority Bonds Ga. State Hospital Authority Bonds Ga. Institute of Technology Revenue Bonds Preferred and Common Stocks Real Estate Real Estate Mortgages University System Buildings Other Investments
Total Investments

June 30, 1952 $1,570,850
11*9,000 520,000
138,000
1*3,663 127,529
21,750
1, 211*,196
11*,717

June 30, 1953
$ 989,900
11*1 ,0 0 0
1,065,790
138,625
11*3 , 0 0 0 1*1* , 708
127,529 30,650
1,153,851 19,1*38

$3,799,750

$3,85U, 1*91

Of the above assets, $1*3,81*6 was due to other funds; $31,231 was received for the purpose of the trust; and $3,881,899 represented fund balances. This represents An increase of $82,91*0 in fund balances as compared with the fund balance at June 30, 1952.

Student Loan Fund Assets amounted`to $1,217,252.

The total assets of Student Loan Funds at June 30, 1953, amounted to $1,217,252. This amount was composed of cash, $172,259; student notes receivable, $20l*,721j due from other funds, $1*3,5095 and investments totaling $796,763. The investments as compared with those at the end of the previous year were as follows:

U. S. Government Bonds Municipal Bonds University System Building Authority Bonds Ga. State Hospital Authority Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments

u mic j 17^^
*1*57,059
5,000
6,750 13,150
71,358 286,635
11,057

O UliC ^ -L/
$323,009
*,500
1*3,300
la,375 6,750
12,727
99,581*
26it,775
71*3

Total Investments

$85U,009

*796,763

to

The fund balances at June 30, 1953, amounted to $1,217,252; which represents an increase of #5,091 over the fund balance at June 30, 1952.

Income for Plant Additions and Improvements amounted to $3,1+23,138.

During the year the University System received income in the amount of $3,1*23,138 for plant purposes. Of this amount, $2,713,385 was allocated by the Board of Regents from the State Appropriation; $1*73,350 was from sale of plant assets; $168,670 was from gifts and grants; and $67,693 was from other sources.

In addition to the income referred to above, Educational and General funds in the amount of $387,800; and Auxiliary Enterprise funds in the amount of $1*01,570 were transferred to Unexpended Plant Funds for plant purposes.
IS, Plant Fund Expenditures amounted to 378,g9g.

flant Fund expenditures for the year ended June 30, 1953, were as follows:

Plant Additions Land Buildings and Additions Improvements other than Buildings Equipment
Debt Service Building Authority Rentals Other Expenditures
Total Expenditures

$ 113,353 2,906,865 1*73,129 137,565

$3,630,912 279,601
1 ,119,066 31*9,016
$5,376,595

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 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, 1953, the Building Authority had issued bonds totaling $20,500,000, of which $19,667,000 were outstanding. Eighteen projects with an estimated total cost of $12,1*12,636 had been completed or were under construction during the year. As of June 30, 1953, $10,605,565 had been expended in the construction of these projects and the Authority held funds in the amount of $11,1*31*,1*1*3 for the completion of unfinished projects and for the construction of additional projects. As will be noted above, the University System paid $1,119,066 to the Building Authority during 1952-53 as rentals for the use of these facilities.
Unexpended Plant Fund Balances amounted to $2,179,586.

Unexpended Plant Funds had assets at June 30, 1953 totaling $2,383,567. This amount was composed of cash, $2,187,870 and temporary investments of $195,697. Of these assets, $6,932 was due to other funds; $197,01*9 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 $2,179,586 represented unexpended fund balances.

II

A Total of $67,17U,1*98 invested in Plant as of June 30, 1953

The University System had an investment in physical plant assets at June 30, 1953, in the amount of $67,17l*,U98. This represents an increase of <15*673*966 over the investment at June 30* 1952. The major items included in this increase are as follows: buildings constructed and under construction by the University System Building Authority, $10,605,565; appraised value of plant donated Valdosta State College by ^mory University, $79l*,305; construction of Rock Eagle Project by University of Georgia, 1*12,079; completion of Veterinary Medicine Building at University of Georgia, $320,718; appraised value of plant acquired by Georgia Institute of Technology from Public Housing Administration at nominal purchase
price, ^U86,U725 and completion of Steam Distribution System at Georgia Institute
of Technology, 257,669. Mary smaller projects were under construction during the year and go to make up this increase together with equipment ourchased from current funds and included as current expenditures. The investment in plant as compared with that at June 30, 1952 is summarized as follows:

Land Buildings Improvements other than Buildings Equipment
Total

June 30, 1952
$ 3,261*,969' ~
30,669,035.
3,263,235 11**303,293

June 30, 1953
$ 3,355,62h" 1*3,363,201
1*,1*11,755
16,01*3,878

151,500*532 <67,17!*,1*98

During 1952-53, $96,000 of Series '`A " Georgia Institute of Technology Revenue Bonds were retired, leaving a balance of $2,503,000 outstanding at the end of the
year; $302,000 at 2-\h, $1,709,000 at 2-^%, and $1*92,000 at 2% With maturity dates
to May 1, 1978.

In addition to the bonded indebtedness referred to above, a total of $1,1*18,626 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:

University of Georgia Georgia Institute of Technology North Georgia College Ga. State College for Women Fort Valley State College Savannah State College

$ 966,61*0 21*3,007 3U,36i* 11*0,339 10,281* 23,992

Total

$1,1*18,626

It will be noted above that the buildings constructed by the University System building Authority have been included in the plant assets of the University System. This is done even though title to the buildings is held by the Building Authority. Inasmuch as the buildings become the property of the University System after the bonds issued to obtain funds for construction are retired, the buildings are included as an asset of the University System with a liability set up for the equity of the University System Building Authority in the pro-rata amount of bonds outstanding applicable to the projects included as assets. This equity at June 30, 1953 amounted to $9,U33,U35 as against assets included of $10,605,565

12

with a total investment in plant of -6 7 ,1 7 h,l498, against which bonds ere
outstanding in the amount of 2,503,000, 31,1*18,626 was due to endowment and Student Loan Fundsj and an equity of 69,ll33>l*35 held by the University System Building Authority $ the University System had a net invest.ent in plant of $53,819,1*37.
General Comments On the following pages of this report will be found various consolidated statements relating to the year's operations, statements of Educational and General and Auxiliary Surplus, and the assets and liabilities of the University System at June 30, 1953. In addition to the consolidated statements, detailed financial reports covering the operations of the individual units of the University System may be found in this report*
13

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET J u n e '30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks Accounts Receivable Due from Other Funds

$ 1,979,85U.37
503,956.57 16,087.10

TOTAL GENERAL FUNDS

$ 2,1*99,898.01*

B. RESTRICTED Cash on Hand and in Banks Accounts Receivable

511*, 123.1*0 73,873.71

TOTAL RESTRICTED FUNDS

587,997.11

C. AUXILIARY Cash on Hand and in Banks Investments (Temporary) Accounts Receivable Stores (Investories)

, $ 1,215,1*32.08 100 000.00 75,262.25 366,715.35

TOTAL AUXILIARY FUNDS

1,757,1*09.68

TOTAL CURRENT FUNDS

t-1*,81*5,301*.83

H . AGENCY FUNDS Cash on Hand and in Banks Investments (Temporary) Accounts Receivable

I 728,019.1*1* 1,1*21*.50
ll*, 1*19.83

TOTAL AGENCY FUNDS

$

. hi ENDOWMENT FUNDS

Cash on Hand and in Banks

Investments

U. S. Government Bonds State And Municipal Bonds

$ 989.900.00
lia,000.00

Univ. System Building Authority Bonds 1,065,789.92

Georgia State Hospital Authority Bonds 138.625.00

Georgia Institute of Technology Revenue Bonds

11*3 , 000.00

Preferred and Common Stock

1*1*,707.90

Real Estate

127,529.1*1

Real Estate Mortgages

30,61*9.36

University System Buildings

1,153,850.56

Other Investments

19,1*38.35

$ 102, 1*85.36
3,851* ,1*90.50

71*3,863.77

TOTAL ENDOWMENT FUNDS

I 3,956,975.86'

14

ASSETS (Continued)

IV. STUDENT LOAN FUNDS

Cash on Hand and in Banks

Student Notes Receivable

Due from Other Funds

Investments:

U. S. Government Bonds

$

Municpal Bonds

Univ. System Building Auth. Bonds

Georgia State Hospital Auth. Bonds

Other Bonds

Real Estate

Real Estate Mortgages

University System Buildings

Other Investments

$
323,008.75 1*,500.00
1*3,300.00
l a ,375.00
6,750.00 12,726.91 99,581*.29 261*,775.1*6
71*3.00

172, 258.82 20U,720.56
1*3,509.19
796,763.Ul

TOTAL STUDENT LOAN FUNDS

# 1,217,251.98

V. PLANT FUNDS A. UNEXPENDED Cash in Bank Investments (Temporary)

$ 2,187,870.19 195,697.02

TOTAL UNEXPENDED PLANT FUNDS

# 2,383,567.21

B. Invested in Plant

Land

$ 3,355,623.58

Buildings

1*3,363,201.13

Improvements other than Buildings 1*,1*11,795.08

Equipment

16,01*3,878.31*

TOTAL INVESTED IN PLANT

#67,171*, 1*98.13

TOTAL PLANT FUNDS TOTAL ASSETS

69,558,065.31* #80,321,1*61.78

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30, 1953

LIABILITIES, SURPLUS AND FUND BaLa NCES

I. CURRENT. FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Other Reserves Unappropriated Surplus

$ 152,390.32 218,855.09 207,175.61 61,567.21
1,859,909.81

TOTAL G.
B. RESTRICTED Fund Balances

FUNDS

3 2 ,U99,898.OU
3 587,597.11

TOTAL RESTRICTED FUNDS
C. AUXILIARY Accounts Payable Due to Other Funds Purchase Orders Outstanding Unearned Income Reserve for Stores Other Reserves Unappropriated Surplus
TOTAL AUXILIARY FUNDS

587,997.11

% 59,861.95 12,000.00
11,91*9.56
51,172.57
366,715.35
11,895.00
1,21^3,815.25

1,757,1*09.68

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

v R,81*5,301*.83 I 71*3,863.77

TOTAL AGENCY FUNDS
in. ENDOWMENT FUNDS . Due to Other Funds Reserve for Purpose of Trust Fund Balances

$ 1*3,81*6.05 31,231.03
3,881,898.78

71*3,863.77

TOTAL ENDOWMENT FUNDS

$ 3,956,975.86

IV. STUDENT LOAN FUNDS Fund Balances

$ 1,217,251.98

TOTAL STUDENT LOAN FUNDS

$ 1,217,251.98

V. PLANT J UNDS A. UNEXPENDED Due to Other Funds Reserve for Sinking Fund Fund Balances

3

6,931.77

197,01*9.68

2,179,585.76

TOTAL UNEXPENDED PLANT FUNDS 16

$ 2,383,567.21

LIABILITIES (Continued)

V. PLANT FUNDS (Continued)

B. INVESTED IN PLANT

Loans Payable to Endowment Funds S 1,153,850.56



Loans Payable to Student Loan Funds 261+,775.1+6

Bonds Payable

2,503,000.00

Equity of University System

Building Authority

9,i+33,l+3l+.77

Investment in Plant

53,819,1+37.31+

TOTAL INVESTED IN PLANT

$67,171+,1+98.13

TOTAL PLANT FUNDS'

$69,558,065.31+

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$80,321,1+61.78

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF AVAILABLE FUNDS AND APPLICATION OF FUNDS

FOR CURRENT AND PLANT PURPOSES

For Year Ended June 30, 1953



AVAILABLE FUNDS Cash Balance (Including Temporary Investments) July 1, 1.952 General Restricted Auxiliary Plant Regents Allotment Account
TOTAL CASH AVAILABLE JULY 1, 1952

$ 1,392,505.67 kOl,319.6k 99k,720.69
3,5k6,985.0k
260,1 U6.08

6,695,677.12

Income Received During the Year State Appropriation Internal Income Educational and General Auxiliary Enterprises Student Aid Plant
TOTAL INCOME

$12,606,236.32

$10,063,036.Ok k,938,I66.6O
165,338.kk 709.753.1k

1 5 i876,29k.22

28,k82,530.5k

Non-Income Receipts for the Year Transfer from Building Authority for Architectural Fees Transfer from Other Funds
TOTAL NON-INCOME
TOTAL AVAILABLE FUNDS

$ k3,2k7.10
k, 500.00
k7.7k7.10
$35,225.95k.76

APPLICATION OF FUNDS Expenditures Educational and General Auxiliary Enterprises Student Aid Plant
TOTAL EXPENDITURES
Non-Expense Transfer to Endowment Funds Transfer to Univ. of Ga. Endowment Funds Other items
TOTAL NON-EXPENSE
Cash Balance (Including Temporary Investments) June 30, 1953 General Restricted
18

$19,067,160.02 k , 211,55k.78 333,231.08 5.378,59k.65
$28,990,5k0.53

$ 3k,328.66
8,000.00
_______ 108.51

k2,k37.17

$ 1,67k,107.27 lk,123.k0

AVAILABLE FUNDS (Continued)
APPLICATION OF FUNDS (Continued) Cash Balance (Continued) AuxiliaryPlant Regents Allotment Account
TOTAL CASH AVAILABLE June 30, 1953
TOTAL FUNDS APPLIED

$ 1,315,1*32.08 2,383,567.21 305,71*7.10
$ 6,192,977.06
$35,225,951*.76

19

UNIVERSITY SYSTIR 0? GEORGIA STATEMENT Of CURRENT SURPLUS
June 30, 1953

Educational and General

Surplus, July 1, 1952

Additions:

Excess Income over Expenditures

Current Income Realised

319,706,200.ll|

Add: Increase :'.n ncccunts Rec.

113,2149.95

Decrease in Unearned Income _____ 14,095.22

Current Income Earned

Deduct: Current expenditures

Cash Expenditures

319,067,160.02

Add: Increase in accounts Pay.

105,629.60

Current Expenditures

Transfer from Other Funds

Surplus July 1, 1952 Plus Additions

Deduc tions:

Transfer to Plant Funds

Increase in Surplus Reserves

Decrease in Regents Allotment Account

Transfer to Other Funds

Surplus Adjustments

;a9,823,5145.31
19,172,789.62
<# 387,799.50 105,191.13 5U,398.98 l,23l4.U3
2,265.146

I 1,750,309.19
650,755.69
r 9,73h.h3 4 2,1.410,799.31
550,889.90

Surplus June 30, 1953

1,859,909.81

auxiliary Enterprises

Surplus July 1, 195?

Additions:

Excess Income over Expenditures Current Income Realized

$ I4,938,166.60

Add: Decrease in Unearned Income

6,028.0-U

Deduct: Increase in Accounts

Receivable

Current Income Earned

Deduct: Current Expenditures

Cash Expenditures

3 lt,2Il,55l4.78

Add: Increase in Accounts

Payable

1,115.58

Decrease in Inventories

6,927.65

Current Expenditures

Decrease in Surplus Reserves

Surplus July 1, 1952 plus additions

Deductions:

Transfer to Plant Funds

Transfer tro Other Funds

% U,9UU,19lj.61+
11,827.72 V 14,932,556792
3 14,219,598.01
I 1401,570.20 14,330.23

I 930,019.12
712,768.91 6,927.65
|'l,649,75.65 1405,900.143

Surplus June 30, 1953

1,2143,815.25

20

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL INCOME
For Year Ended June 30# 1953

student W es 1

Non-Resident Summer

Matriculation Tuition

School

Other

Gifts Grants & Endowments

Government Other Than
00 Alle "b

Sales and
Services

Other

Total Internal Income

State Allotment

idjustments

Total

in State Allot- Income

ment Paid *

Received

SENIOR UNITS (WHITE)

University of Ga. Athens $ 627,394.55

Atlanta Division

403,377.19

General Extension

271,179.12

Agric. Exp. Stat ions

Aerie. Ext. Service

Ga. Institute of Tech.

555,099.76

Engineering Exp. Sta.

Engineering: Ext. Div.

247,814.38

Medical College of Ga.

127,604.57

North Georgia College

62,113.50

Ga. State College For Women 75,025.00

Ga. Teachers College

74,572.80

Valdosta State College

38,389.75

#212,085#92 132,741.75
426,636.63 66,538.33
4,376.00 2,210.00 6,028.87 4,572.43

$136,120.77 82,752.42
1287609.03
12,203.85 30,250.39 38,573.28 10,291.61

$ 79,629.81 2,342.98
61,766.33
7,934.77 1,201.00 6,583.30 12,546.00 9,737.13 7,027.07

$275,367.46
123,840.34 39,595.76 93,672.34 6,715.43
230,162.19 800.00
2,000.00

$ 219#560.50
390,055.89 1,264,100.50
18,654.93 7,500.00
87,315.68 37,583.83

$ 89,996.75
19,308.73 652,096.91
14,702.29
1,789,218.77
15,215.03

$ 17,363.25 31,120.11
19,079.56
16,224.27
1,626.35 476.10
6,096.99 4,666.00
200.00

$ 1,657,519.01 652,834.45 290,487.85
1,185,072.70 1,318,398.55 1,282,008.42 1,795,934.20
340,942.41 383,309.14
86,557.75 215,444.06 171,161.91
60,480.86

#2,106,500.00 500,000.00 64,000.00 955,000.00 750,000.00
1,625,000.00 100,000.00 85,000.00 595,750.00 285,000. OC: 475,000.00 300,000.00 172,000.00

# 4,898.85 (59,881.82) (57,337.82) 6,784.01
(26,284.61) (9,959.97) 14,424.18 27,024.42 1,204.46

JUNIOR UNITS (WHITE) Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agric. Col.

14,897.25 21,423.97 15,050.00 23,271.67 18,436.46

372.30 2,122.74 1,460.00 3,705.55 2,251.76

72.30 3,941.50
2,322.18

1,822.60 3,141.82 2,010.00 3,696.20 1,648.60

1,172.42

27,256.17

450.00 2,703.50 2,000.00
6,904.32

17,614.45 34,505.95 20,500.00 30,673.42 58,819.49

95,000.00 129,000.00
97,000.00 114,000.00 124,000.00

(3,828.53) (17,442.13)
(5,949.85) 3,987.29

SENIOR UNITS (NEGRO) Albany State College Fort Valley State College Savannah State College

42,142.24 70,749.31 82,075.09

2,277.25 150.00
44,505.54

19,206.55 25,966.64 32,139.94

8,681.70 8,798.21 11,309.55

2,316.75

64,460.77 20,333.00

14,173.52 921.55

120.00 2,475.57 6,454.24

72,427.74 189,090.77 197,738.91

262,000.00 340,000.00 450,000.00

(18,633.17) (6,369.46)

GENERAL AND OTHER Central Office Soil Conservation Commit.

1,500.00

14.00

1,514.00

120,000.00 25.000.00

3.278.25

GRAND TOTAL

2.770.59.6.61 $912,055.07 $522,450.52 $230,382.07 $775,970.27 $2,110,737.52 $2,622,889.72 $117,974.26 $10,063.036.04 $9.767,250.00 $(124.085.90)

# 5,768,917.86 1,092.952.63 317,150.03 2,146,856.71 .2#068,398. 55 2,907,008.42 1,895,934.20 425,942.41 950,774.53 361,597.78 704,868.24 498,186.33 233,685.32
108,785.92 146,063.82 111,550.15 148,660.71 182,819.49
315/794.57 529,090.77 641,369.45
121,514.00 28.278.25
$19,706.200.14

* This column represents amounts payable on State Allotment at July 1, 1952, less amounts payable at June 30, 1953.

21

SENIOR UNITS (WHITE) University of Georgia - Athens >jfl Atlanta Division General Extension Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Engineering Experiment Station Engineering Extension Division Medical College of Georgia North Georgia College Georgia State College for Women Georgia Teachers College Valdosta State College
JUNIOR UNITS (WHITE) Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agricultural College
SENIOR UNITS (NEGRO) Albany State College Fort Valley State College Savannah State College
GENERAL AND OTHER Central Office Soil Conservation Committee
GRAND TOTAL

UNIVERSITY SYSTEM OF GEORGIA STATEMENT 0? EDUCATION/ L ANT GENERAL EXPENDITURES
For Year Ended June 50, 1953

Administrative Student

and General

Welfare

Plant Operai iolns

Library

Instruction

Activities Related to Instruction Research

Extension

Total Expenditures

237,191.84 116,965.08 447,753.18 246,486.68 2,116,654.81

134,545.64 16,115.64

121,882.60 99,735.16

693,269.25

241,288.73 211,466.93 3,617,807.25

8,984.84

8,072.64 1,082,506.77

30,131.78

1,213.97

156,712.13 50,195.15

87,212.85

325,521.88

115,520.78

65,342.58 13,523.58

300,303.35 1,604,270.95

2,096,561.22

2,009,258.89 2,009,258.89

508,868.49 109,149.76

592,014.53 143,535.95 1,787,797.41

56,951.63

2,798,317.77

1,862,407.28

1,862,407.28

391,594.10

391,594.10

51,673.55

53,495.07 11,144.54

388,427.46 230,521.97

146,545.87

3,719.85

885,526.29

48,018.69

22,475.94

72,984.73 19,179.88

186,303.79

348,965.05

72,697,44 28,021.74

90,541.78 54,452.82

402,156.08

2,340.85

21,342.69

651,553.40

57,963.49 42,475.56

15,774.92 8,740.26

68,3*33.45 34,923.25

27,160.26 117 j CO

308,345.89 127,486.80

477,628.01 226,747.20

31,701.85 25,752.31 27,098.24 33,736.15 27,034.90

2,901.97 1,750.67 2,800.00 3,851.88 4,489.92

26,581.50 25,3i42.90 26,576.00 23,070.37 27,861.24

4,650.25 6,110.35 5,850.00 4,975.25 7,181.40

44,458.72 76,693.57 52,549*26 72,891.80 66,661.52

30,417.94

1,087.54 11,317.26

110,294.29 156,717.14 114,873.50 138,525.41 174,963.98

63,577.29 74,060.43 90,536.91

11,881.44 11,719.66 20,908.55

49,543.10 70,607.62 116,616.15

16,054.97 43,451.61 31,703.4|L

176,367.92 278,920.69 359,728.87

22,368.34

2,155.87

21,031.07 3,035.94

317,424.72 524,315.29 622,559.63

125,145.99 $1.595.561.29 $377.547.23

27,866.98

125,145.99 27,866.98

#728.118*44 $7.295.405.57 $633.806.73 $3.924,944.02 $2,797.006.74 $19.067.160.02

22

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME
For Yaar Ended June 30, 1953

Dormitories Dining Halls Bookstore______ Apartments

Other______ Total

Senior Units (White)

University of Georgia

328,952.81 $ 1400,657.814 $ 307,639.52 $

$ 52,095.914 $1,089,3146.11

Atlanta Division

156,665.50

l,778.50

198,Ul4l4.00

Ga. Institute of Technology 296,U30.11

67U,797.79

00,7314.014 197,U37.99 91,671.07- 1,761.071.00

Medical College of Georgia

Ul,192.39

141,192.39

North Georgia College Ga. State College for women Georgia Teachers College

143,60 6 .6 2
71,911.82
142,089.93

133,626.38 2114,862.39 151,108.13

145,990.69 214,631.78 143,535.21

16,338.87 10,290.00

27,75.8.76 33,58l.i4U 11,695.71

267,321.32
355,2 7 7 .U3 2148,1428.98

Valdosta State College

l5,5Ul.lii

58,019.36

11,119*72

3,915.00

88,595.22

Junior Units (White) Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr. College

10,19U.80
15,937.72
1 2 ,1 6 1 .0 0 1 6 ,9143.148
lit,056.15

33,990.U8
146,1492.146
36,112.70
52,7514.13
59,036.69

12,265.15 8,082.96
12,l8U.65 12,967.72
8,710.85

3,232.U3
7,799.00 1,781i.95 3,028.0U

6,5614.95
2,239.98
950.00

59,682.86 77,073.09 68,257.35 86,690.26 85,781.73

Senior Units (Negro) Albany State College Ft. Valley State College Savannah State College
TOTAL

25,0143.19 39,082.50 21,999.03
1953,950.30

78,550.02 1140,115.93
99,2l4a. Oli
$2,179,368,3h

17,2l46.l4l4 214,909.00 . 30,1460.25
$1,258,335.87

3,9146.30 3,395.25
$2147,252.83

826.31 11,3014.114 114,877.146
$299,259.26

121,665.96 219,357.87 169,976.03
$14,938,166.60

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY EXPENDITURES
For Year Ended June 30, 1953

Dormitories Dining Halls Bookstore

Apartments

Other

Total

Senior Units (White)

University of Georgia Atlanta Division

$20l*,02l*.98 $ 1*09,1*62.1*7 $ 309,520.1*0 $ 121*,1*92.11*

Ga. Institute of Technology 180,926.51*

590,181*. 90

1*09,007.56 57,965.01*

Medical College of Georgia North Georgia College

56,881.1*9

128,761.59

27,751*.35 1*1,581*.31 11,038.78

Ga. State College for Women Georgia Teachers College Valdosta State College

62,1*59.91 31*,621.1*8
20,391*.37

198,911*.1*7 131*, 135.55
1*7,78i*.01

2l*,l*2l*.13 1*3,193.36
9,^70.20

2,1*85.50

$ 59,792.1*7 3,619.89
98,818.62
10,202.99 30,795.61 10,701.58
2,311.26

$ 982,800.32
128,112.03 1,336,902.66
27,751*.35
21*8,1*69.16 319,079.62
222,651.97 80,059.81*

Junior Units (White) Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr. College

10,950.31* 12,071.29 10,398.88 11,137.91
ll*,670.86

33,933.1*1 1*9,397.93 36,117.29 1*7,978.07 61,319.53

12,612.37 7,1*12.27
12,1*26.81 12,51*1.21
9,31*6.68

3,177.19
7,673.60 1,561.00 1*,575.78

2,11*9.73 10,61*0.90
1,51*2.57

62,823.01*
79,522.39 66,616.58
71*,760.76
89,912.85

Senior Units (Negro) Albany State College Fort Valley State College Savannah State College
TOTAL

1 6 ,197.26 1*3 ,610.82
17,882.98

71*, 202.1a
127,077.58
108,915.53

16,322.61 25,227.91* 39,873.81*

2,1*62.86
1,1*1*5,1*9

$696,229.11 $2,Ol*8,l81*.7l* $1,125,310.18 $92,385.21*

9,231.32 9,638.57

106,722.28 207,610.52 177,756.1a

$21*9,1*1*5.51 $1*,2 11,551*.78

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF INCOME FOR STUDENT AID
For Year Ended June 30, 1953

Gifts Endowment & Grants

State Allotment

Total

Senior Units (White)

University of Georgia Ga. Institute of Technology Ga. State College for Women

$ l,02l*.l*6 $ 22,297.U3 $

512.15 13U,599.27

5,105.13

1,000.00

$ 23,321.89 135,111.1*2 6,105.13

Senior Units (Negro) Fort Valley State College

800.00

800.00

Other Activities
Graduate Scholarships for Negroes Southern Regional Education Board

ii*5,ooo.oo 11*5,000.00
37,000.00 37,000.00

TOTAL INCOME

$ 6,61*1.71* $158,696.70 $182,000.00 $31*7,338.1*1*

STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30> 1953

Fellowships Scholarships Other

Total

Senior Units (White)
University of Georgia Ga. Institute of Technology Ga. State College for Women

$

$ 22,093.96 $ 1,000.39 $ 23,091*.35

23,211.62 82,013.1*2 13,920.51* 119,11*5.58

5,703.96

5,703.96

Senior Units (Negro) Fort Valley State College

800.01

800.01

Other Activities

Graduate Scholarships for Negroes Southern Regional Education Board

11*7,1*87.18

11*7,1*87.18 37,000.00 37,000.00

TOTAL EXPENDITURES

$ 23,211.62 $258,098.53 $ 51,920.93 $333,231.08

25

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FIJI INCOME
For Year Ended June~30, 1953

State Allotment

Gifts & Grants

Governmental Sale

Other Than

of

State

Plant

Allotment Assets

Other

Total

Senior Units (White)

University of Georgia - Athens $ 197,699.Ul

Atlanta Division

3 ,000.00

Agrie. Experiment Stations

78,500.00

Agrie. Extension Service

300,180.71*

Ga. Institute of Technology

199,023.75

Medical College of,Georgia North Georgia College Ga. State College for Women

60,805.58
87,000.00 1*7,500.00

Georgia Teachers College Valdosta State College

73,500.00
7U,500.00

$.

$

$1*5 1 ,105.00 $ 5,102.96 $ 653,907.37 3 ,000.00

108,11*7.81 60,522.1*0 50,000.00

17,329.50 3,255.65

1*,310.50

95,829.50 1*08,328.55 317,112.30

1 ,000.00

60,805.58
88,000.00 1*7,500.00 73,500.00 7l*,5oo.oo

Junior Units (White) Ga. Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agrie. College

li*, 750.00
16.750.00
li*, 750.00
76.500.00 70,900.00

li*,750.00
16.750.00
li*, 750.00 76.500.00 70,900.00

Senior Units (Negro) Albany State College Fort Valley State College Savannah State College

)48,000.00 126,870.00
1014,090.00

1 ,700.00

1*82.00
289.58

50,182.00
127,159.58
10l*,090.00

General and Other Building Authority Rentals Little Library Fund
TOTAL INCOME

1 ,119,065.82
$2,713,385.30

1 ,119,065.82

6,507.7i*

6,507.7U

$168,670.21 $50,000.00 $1*73,390.15 $17,692.78 $3,1*23,138.1*1*

SENIOR UNITS (WHITE) University of Georgia - Athens Atlanta Division Agricultural Experiment Stations Agricultural Extension Service Georgia I nstitute of Technology Medical College of Georgia North Georgia College Georgia State College for Women Georgia Teachers College Valdosta State College
JUNIOR UNITS (WHITE) Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agricultural College
SENIOR UNITS (NEGRO) Albany State College Fort Valley State College Savannah State College
GENERAL AND OTHER Campus Development Plans Architect Fees Building Authority Rentals Ilah D. Little Library Fund
GRAND TOTAL
27

UNIVERSITY SYSTEM CF GEORGIA S T M E M E N T OF UNEXPENDED PLANT FUND EXPENDITURES
For Year Ended June 30, 1953

Land

Plant Additions

Buildings &

Improvements

Additions to Other Than

Buildings

Buildings

.Equipment

Building

Indebtedness Interest on Other

Authority

Retired Indebtedness Expenditures Rentals

$ 13,666.50 sp 380,727.64

99,353.96

$ 23,159.55

$ 55,896.77

$ 30,676.70

$208,474.69

a $

593,952.16

18,345.67

121,458.96 11,595.31

9,249.94

24,565.47

412,070.79

11,523.75

156,489.87 271,254.53 42,373.62 114,351.25 66,074.30 21,731.23

50,305.58

16,212.31

1,655.66

5,167.65

72,429.58

2,392.67 10,837.59

930.91

l,/)58.84

6,448.12

76,382.10

1,500.00

3,885.14

.3,709.26

3,696.27

66,959.28

2,000.69

2,496.90

78,100.00

1,500.00

2,469.76

Total
$ 811,955.81 593,932.16 185,215.35 412,078.79 683,798.55 68,173.55 99,265.36 89,172.77 71,456.87 82,069.76

12,500.00

26,637.69 19,036.50 40,550.28 51,135.83 51,869.14

828.86 593.47 1,000.00 8,578.42 62,033.19

1,014.29 2,652.05 7,007.52 5,298.08

5,778.60 1,157.89 10,372.57

27,466.55 26,422.86 45,340.22 89,592.34 119,200.41

1,843.41

26,040.77 126,851.30
91,133.84

1,202.40 8,329.85
965.38

6,333.89 7,063.92

722.01 1,259.46

467.75 757.54

33,577.06 143,434.83
95,959.63

Sll3.352.56

515,053.54

24,479.32 41,883.10

1,119,065.82

24,479.32 41,883.10 1,119,065.82 515.053.54

12.906.865.27 S473.128.73 S137.564.80 4176,869.66 $102.731.40 $349.016.41 $1.119.065.82 $5.378.594.65

REGENTS ALLOTMENT ACCOUNT GENERAL ACTIVITIES

AND

FINANCIAL REPORT

FOR THE YEAR ENDING JUNE 30, 1953

29

BALANCE SHEET June 30, 1953

ASSETS

I. CURRENT FUNBS A. GENERAL OPERATING FUND Cash in Bank Due from Allotment Account

$ 8, 020.08 1353007 $ 21,50.1*

B. REGENTS' ALLOTMENT ACCOUNT Cash in Bank
TOTAL CURRENT FUNDS

715,157.88

$736,708.03

II. PLANT FUNDS Cash in Bank
TOTAL ASSETS

39,697.14; $776,UQ5.U7

LIABILITIES

I. CURRENT FUNDS A. GENERAL OPERATING FUND Surplus Central Office Soil Conservation Graduate Scholarships TOTAL GENERAL OPERATING FUND

$ 2,622.78
17,320.05 1,607.32 $ 21,550.15

B. REGENTS' ALLOTMENT ACCOUNT Allotments Payable Surplus TOTAL REGENTS' ALLOTMENT ACCT.
TOTAL CURRENT FUNDS

$U09,U10.78

305,7U7.10

------

715,157.88

$736,708.03

II. PLANT FUNDS Fund Balance
TOTAL LIABILITIES AND SURPLUS

39,697.14; $776,U05.U7

REGENTS ALLOTMENT ACCOUNT STATEMENT OF RECEIPTS AND DISBURSEMENTS
For Year Ended June 30, 1953

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

$ 6, 61*5*000.00

For annual payment to University of Georgia for old bank stock item

8, 000.00

For the purchase, maintenance, and

operation of mobile soil testing units

70,000.00

For cost of operating the State Soil Conservation Committee

25,000.00

Section 9 (b) - For the cost of use and/or acquiring additions to plant and equipment for the University System from the University System Building Authority

500,000*00

Section 5U(c) - For aid to University System for maintenance and for new buildings, plant, and equipment

1*,985,000.00

Total State Appropriation provided by Appr. Act

$12,233,000.00

State Appropriation - Special Budget Balancing Adjustments

For development of Rock Eagle Project $300,l80.7U

For acquisition of property for

Medical College of Georgia

51*,305*58

For increased aid for Indigent Patients

at Medical College of Georgia

18,750*00

Total Special Appropriations

373,236.32

Total State Appropriation Refund of Allotments made in Previous Years

$12, 606, 236.32
10,000.00

TOTAL RECEIPTS

$12,616,236.32

DISBURSEMENTS Payment on Allotments for Educational and General Operations Payment on Allotments for Plant Additions and Improvements Payment on Allotments for Other Purposes

$ 9,61*3,161*.10
2,713,385.30 190,000.00

TOTAL DISBURSEMENTS Excess of Receipts over Disbursements Cash Balance, July 1, 1952
Cash Balance, June 30, 1953

12,51*6,51*9.1*0
I-- & ; m ; n
61*5,1*70.96
$ 715,157.88

31

REGENTS ALLOTMENT ACCOUNT STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS
For Year Ended June 30, 1953

Educational and General
Operations

Plant Addi tions and Improvements

Other

Total

Senior Units (White) University of Georgia Atlanta Division Agr. Extension Service Agr. Experiment Stations General Extension Service Ga. Institute of Technology Engineering Experiment Station Engineering Extension Division Medical College of Georgia North Georgia College Ga. State College for Women Georgia Teachers College Valdosta State College

$ 2,106,500.00 $
00,000.00 750,000.00
955,000.00
61*, 000.00 1 ,625,000.00
100,000.00 85,000.00
593,750.00
285,000.00 1*7,000.00
300,000.00
172,000.00

197,699.Ul $
3,000.00
300,180.7U
78,00.00
199,023.7
60,80.8 87,000.00 1*7,00.00
73,500.00 714,500.00

8,000.00 $ 2,312,199.1*1
03,000.00
l,00,l80.7l*
1,033,500.00
61*, 000.00
l,82l*,023.75
100,000.00
85,000.00
65U.555.58
372,000.00
22,500.00
373,500.00
21*6,00.00

Junior Units (White) Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr. College

95,000.00 129,000.00 97,000.00 111*,000.00 121*,000.00

114,750.00 16,750.00
114,750.00
76,00.00 70,900.00

109,70.00
Ii*,70.00 1 1 1 ,70.00
190,00.00
191*, 900.00

Senior Units (Negro) Albany State College Fort Valley State College Savannah State College

262,000.00 3140,000.00 0,000.00

1*8,000.00 126,870.00 1014,090.00

310,000.00 1*66,870.00 1*,090.00

General Activities and Other Regents Central Office Graduate Scholarships for Negroes Southern Regional Education Board Soil Conservation Committee Univ. System Building Authority

120,000.00 2,000.00

1 ,119,06.82

li*,000.00
37,000.00

120,000.00 ll*,000.00 37,000.00
2,000.00 1 ,119,06.82

Total Allocations

$9,767,20.00

Add: Allocations for previous

year unpaid at June 30, 192 28,32i*.88

Total Allocations Payable

$10,o 2,71*.86

$2,713,38.30 $190,000.00 $12,670,63.30
28,32l*.88
$2,713,385.30 $190,000.00 $12,955,960.10

Deduct: Allocations Unpaid at June 30, 1953

1*09,10-0.78_________________________________1*09,1*10.78

Total Payments on Allocations $ 9,61*3,161*.10 $2,713,3830 $190,000.00 $12, 1*6,1*9.1*0

32

GENERAL ACTIVITIES STATEMENT OF INCOME For Year Ended June 30, 1953

I. CURRENT INCOME A. EDUCATIONAL AND GENERAL Governmental - State of Georgia Regents Central Office State Soil Conservation Committee Plus Amount Payable from Prev. Yrs. Less Amount Payable at end of year
TOTAL GOVERNMENTAL
Gifts and Grants Miscellaneous
TOTAL EDUCATIONAL 'AND GENERAL INCOME

$ 120, 000.00

$25, 000.00 16, 808.32 $1*1*808.32

---

13.530.07

28,278.25

$ 11*8,278.25

1 ,500.00
11*.00

$ 11*9.792.25

B. OTHER INCOME Governmental - State of Georgia Graduate Scholarships for Negroes Southern Regional Education Board TOTAL INCOME FOR OTHER PURPOSES
TOTAL CURRENT INCOME

, $ 11*5, 000.00 37 000.00
$ 18^,00(7105
$ 331,792.25

II. PLANT FUNDS Governmental - State of Georgia University System Building Authority Rentals

$1 , 119, 065.82

Other Sources Interest on Investments
TOTAL PLANT FUND INCOME

$ 6,507.71* $1,125,573.56

NON-INCOME Sale of Temporary Investments
TOTAL PLANT FUND RECEIPTS
TOTAL INCOME

$ $00, 000.00
$1,625,573.56 $1,1*57,365.81

33

GENERAL ACTIVITIES STATEMENT OF EXPENDITURES For Year Ended June 30, 1953

Total

Object Classification

Operating

Personal

Supplies

Services

& Expense

Equipment

CURRENT EXPENDITURES A. EDUCATIONAL AND GENERAL
Administrative & General Regents Central Office
Extension Soil Conservation Com.

$ 125,1U5.99 $ 86,377.85 27,866.98 19,105.96

TOTAL EDUC. & GENERAL

$ 153,012.97 $105,U83.8l

B. OTHER PURPOSES

Graduate Schol. for Negroes $ 1U7,U87.18

Sou. Regional Ed. Board

37,000.00

TOTAL EXP. FOR OTH. PURPOSES $ 18U.U87.18

TOTAL CURRENT EXPENDITURES

$ 337,500.15 |105,U83.81

$ 37,626.18 8,562.26
$ U6,188.UU
$1U7,U87.18 37,000.00
$18U,U87.18 $230,675.62

$1,1U1.96 198.76
$1,3U0.72
$1,3U0.72

PLANT FUNDS Campus Development Plans Architectural Fees Ilah D. Little Memorial Library
(Transferred to University System Bldg. Authority for Construction)
University System Bldg. Auth. Rentals

$ 2U,U79.32 U l,883.10
5 1 5,053.5U
1,119,065.82

TOTAL PLANT EXPENDITURES

$1,700,L81.78

TOTAL EXPENDITURES

$2,037,981.93

34

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

Regents Allotment Account Regents Central Office Soil Conservation Committee Grad. Scholarships for Negroes Sou. Regional Educ. Board Campus Development Plans Building Authority Rentals Ilah D. Little Library Fund Architectural Fees
TOTALS

dash Balance July 1, 1952

Receipts

Cash balance Disbursements June 30, 1953

$61*5,1*70.96
6,251*. 77
3,378.71 i*,09l*.30
25,258.55
8,51*5.80 80,801.31

$12,616,236.32
1 2 1 ,5il*.00
28,278.25
11*5,000.00 37,000.00
1 ,119,065.82
506,507.71*

$12 ,51*6,51*9.1*0
125,11*5.99
27,866.98
11*7,1*87.18
37,000.00
21*,1*79.32
1 ,119,065.82 515,053.511 1*1 ,883.10

$715,157.88
2,622.78
3,789.98 1,607.32
779.23
38,918.21

$773,8011.60 $11*,573,602.13 $11*,581*,531.33 $762,875.1*0

BANK BALANCES

Fulton National Bank, Atlanta, Georgia

$

Citizens and Southern National Bank, Atlanta, Ga.

Trust Company of Georgia, Atlanta, Georgia

718,91*7.86
1*2, 320.22
1,607.32

TOTAL

$ 762,875.1*0

35

THE U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT
FOR THE YEAR ENDING
JUNE 30, 1953
The University of Georgia Athens, Georgia
37

THE UNIVERSITY OF GEORGIA Athens, Georgia
President 0. C. Aderhold The University of Georgia Athens, Georgia Dear President Aderhold*
I am submitting herewith ray annual report as Comptroller and Treasurer of The University of Georgia, for the fiscal year ending June 30, 195>3> which consists of the following exhibits and schedules*
PART I Consolidated Consolidated Balance Sheet ............................... Exhibit A Summary of Current Income ............................... Exhibit B Summary of Expenditures . Exhibit C
PART II University at Athens Balance Sheet ................... Schedule A Summary of Income Schedule B Statement of Educational and General Income Schedule B-l Statement of General Extension Income Schedule B-2 Statement of Auxiliary Enterprises Income Schedule B-3 Statement of Other Non-Educational Income Schedule B-U Summary of Expenditures Schedule C Statement of Educational and General Expenditures Schedule C-l Statement of General Extension Expenditures Schedule C~2 Statement of Auxiliary Enterprises Expenditures Schedule C-3 Statement of Operations of Restricted Funds Schedule D Statement of Trust Fund Balances Schedule E Statement of Trust Fund Balances by Funds .Schedule E-l Summary of Trust Fund Investments Schedule E-2
38

Detail of Endowment Funds - Government Funds . Schedule E-2-1

Detail of Endowment Funds - Common Stock ........ Schedule E-2-2

Detail of Loan Funds - Governmental Bonds Schedule E-2-3

Detail of Loan Funds - Common Stock Schedule E-2-U

Statement of Receipts & Disbursements - Trust Funds . Schedule E-3

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 H-l

Summary of Investment in Plant ....................... .. Schedule H-2

Statement of Investment in Plant ............... ..

Schedule H-3

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 Operations of Unexpended Plant Funds . .Schedule N-l

Statement of Investment in Plant Schedule N-2

PART IV Atlanta Division

Balance S h e e t ..................................... .. Schedule 0 Statement of Current Income ..................... . . . . Schedule P

Statement of Current Expenditures ....................... Schedule Q

Statement of Changes in Cash B a l a n c e s ...................Schedule R

Statement of Agency Funds . . . . . . . Schedule S

Statement of Unexpended Plant F u n d s ............ ..

Schedule T

39

Summary of Investment in Plant

........ Schedule U

Statement of Investment in Plant

Schedule U-l

PART V Experiment Station - General

Balance S h e e t ........ -. . . ........................ .. Schedule V

Statement of Current Income ........ ................ Schedule W

Statement of Current Expenditures

Schedule X

Statement of Operations of Restricted Funds Schedule Z

PART VI Branch Experiment Station

Balance S h e e t ............................................ Schedule AA

Statement of Current Income ................... Schedule BB

Statement of Current Expenditures . Schedule CC

Statement of Changes in Cash Balances ............ . . . Schedule DD

Statement of Unexpended Plant Funds ............

Schedule EE

Statement of Operations of Unexpended Plant Funds Schedilie EE-1

Statement of Investment in Plant ................ Schedule EE-2

PART VII College Experiment Station

Balance Sheet ........................................... Schedule FF

Statement of Current Income . . Schedule GG

Statement of Current Expenditures ............... .. Schedule HH

Statement of Operations of Restricted Funds ............ Schedule II

Statement of Changes in Cash Balances Schedule JJ

Statement of Unexpended Plant Funds . * ............ Schedule KK

Statement of Operations of Unexpended Plant Funds . Schedule KK-1

Statement of Investment in Plant Schedule KK-2

40

PART Vili Georgia Experiment Station

Balance S h e e t ............ ............................ .. Schedule LL

Statement of Current Income > ............. Schedule EM

Statement of Current Expenditures . ................

Schedule liH

Statement of Operations of Restricted Funds ............... Schedule 00

Statement of Agency Funds .......... * Schedule PF

Statement of Changes in Cash Balances ................. Schedule QQ

Statement of Unexpended Plant Funds ........ Schedule RE

Summary of Investment in Plant . . . . . Schedule RR-1

Statement of Investment in Plant ........ Schedule RR-2

PART IX Coastal Plain Experiment Station

Balance Sheet ..........

........ Schedule SS

Statement of Current Income ............ Schedule TT

Statement of Current Expenditures ......................... Schedule UU

Statement of Operation of Restricted Funds ............... Schedule W

Statement of Changes in Cash Balances ........................Schedule VIW

Statement of Unexpended Plant Funds . . . ................. Schedule XX

Statement of Investment in Plant

.Schedule XX-1

Respectfully submitted,

Dated At Athens, Georgia August 21, 1953

/s/ J. D. Bolton Comptroller and Treasurer

41

COMMENTS

This report is assembled on a basis of receipts and disburse

ments, 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 Georgia,

Atlanta, Georgia; Agricultural Extension Service, Athens, Georgia;

Experiment Stations - General, Athens, Georgia; Branch Experiment Station,

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, there

fore, the report is arranged in nine parts, as follows:

Part Part

I Consolidated - All Units 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 Branch Experiment Station

Part VII College Experiment Station

Part VIII Georgia Agricultural Experiment Station

Part IX Georgia Coastal Plain Experiment Station

42

CONSOLIDATED INCOME
The following summary gives the source of income and the percentage of each item to the total for Educational and General purposes

Source
Student Fees State Allotment Federal Appropriations Other Fublic Appropriations Endowment Gifts and Grants Sales and Services Other
TOTALS

1951-52

Amount

Percent

12,316,003.71 25.23 3,81*3,225.60 1*1.87 1 ,7 5 7 ,7 7 7 .hO 19.15 1 1 5 ,62 a .00 1.26
16,821.85 .18 310,517.as 3.39 7a9,356.60 8.17
69,107.07 .75

$9,178,833.71 100.00

1952-53

Amount

Percent

$1,967,833.28 a ,289,963.22 1,755,218.39
118,1*98.50
1 8 ,1 3 a .37 820,669.19 756,795.95
67,562.92

20.98 85.67 18.68
1.26
.19 8.88 8.06
.72

$9,398,275.78 100.00

EXPENSES

The following is a statement of Educational and General expenditures

by functions and the percentage of each function to the total.

Function

1951-52

Amount

Percent

Administration

$ 860,137.12

Student Welfare

125,082.90

Physical Plant Libraries

562,955.09 365,236.62

Instruction - Resident

2,768,803.27

Research

1,528,617.08

Services Rel. to Instr. & Res. 377,828.87

Extension

2,219,032.33

5.88
1.89 6.70
8.35 32.91 18.15 8.50 26.82

TOTALS

$8,399,688.88 100.00

1952-53

Amount

Percent

$ 515.2UO.OU 133,080.72
636,198.33 359,586.82 2,966,636.19 1,858,588.52 350,898.88
2,316,011.31

5.68 1.86
6.97 3.9U 32.89 20.31 3.83 25.36

$9,131,756.01 100.00

43

INCOI

THE UNIVERSITY OF GEORGIA, ATHENS, GEORGIA

The following table reflects the comparative Educational and General Income and percentages of income to the total for a three-year period,

Source

1950-51

1951-52

Amount. Percent Amount Percent

1952-53 Amount Percent

Student Fees endowment Federal State State Dept. Health Other States Vocational U. S, Navy Research Clarke County Other Counties Gifts and Grants Rents Other Veterans Guidance

$1,666,295.
22,614.8,
86,953. 1>1462,323.
5,233. 2,895.
1 1 4,082.
5 ,12 1.
32,1406.
3,805. 11i7,653.
1,7145. 8,267. 28,369.

I46.I4I4 $1,228,1433.

.63

16,822.

2.1*2

87,566.

I4O.76 1 ,828,192.

.15

1 ,808.

.08

6 ,6 0 0 .

3.18

70,1429.

.111

395.

.90

63,090.

.11
ii.12

1,2 75 . 173,668.

.05

2,517.

.23

17,1142.

.79

20,323.

314.91
.I48
2.149 51.96
.05
.19
2.00 .01
1.79
.01*
l*.9l* .07
.149 .58

ia , 0 5 5 ,2 3 1 . 18,1314. 76,018.
2,111,399. 5,991. 2,675.
60,099.
71,036. 3,71*2.
257,233. 1,152.
11*, 776. 1,1*35.

28.69 .1*9
2.07 57.39
.16 .07 1.61*
1.93
.10
6.99 .03
.1*0 .01*

TOTALS

$3,587,795* 10 0 .0 0 ;13,518,260. 100.00 $3,678,921. 100.00

EXPENSES

The following table presents a comparison of expenditures for

Educational and General purposes for four years.

Function

191*9-50

1950-51

Administration & General Student Welfare Plant Operations Library Instruction Research Serv. Rel, to Instruction Extension.

$ 20l*,226.
96,889. .
310,122. 186,061. 1 ,878,276. 235,388.
396,871*.
269,663.

$ 221*, 883.
100,1*53. 376,981*.
220,706.
1,876,787.
236,31*3. 373,627.
218,828.

Sub-Total Outlay

$3,577,1*99. 117,799.

$ 3 ,628,6 1 1 .
61,1*57.

TOTALS

$3,695,298.

$3,690,068.

1951-52
$ 221*,926.
105,031*. 381*,267. 237,21*2. 1,877,132. 171*, 671*.
196,636.
$3,199,931. 73,988.
$3,273,919.

1952-53
$ 235,1*79.
113 ,801. 1*21*, 11*9.
21*2,991*.
2,033,1 8 1 .
226,787.
209,278.
$3,1*85,669. 132,11*0.
$3,617,809.

44

The following table is a comparison of the preceding expenditures,

expressed in percentages to the total.

Function

Percent 19U9-90

Administration & General Student welfare Plant Operations Library Instruction Research Serv. Rel. to Instr. (net) Extension Outlay

9.93
2.62 8.38
9. OU 90.83
6.37 1.7U
7.30 3.19

TOTALS

100.00

Percent 1990-91
6.09 2.72
10.22
9.97
90.86
6.U3
10.12
9.93
1.66
100.00

Percent 1991-92
6.87 3.21 11.7U 7.29 57.33 9.33
6.01 2.26
100.00

Percent 1992-93
6.91 3.19 11.72
6.72 96.20
6.27
9.78 3.69
100.00

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

191*9-50

1990-91

1991-92

1. Agriculture
2. Arts & Sciences

$ 2li6,966.
666,769.

3. Business Administration 125,867

U. Education

239,80ii.

9. Forestry
6. Graduate
7. Home Economics
8. Journalism
9. Law
10. Military 1 1 . Pharmacy 12 . Veterinary Med. (Net)

37,187. U7,697.
62,768. 28,820. 61,170.
li,927. 19,870.
Hi9,309.

$ 236,697.
638,987. 123,780. 291i,103.
37,379.
1*2, 302 76,010.
29,229. 99,702.
9,399. U7,87li.
160,900.

$ 219,1*00.
6U6,li9li.
1 1 0 ,601.
298,117. 39,766.
19,309. 77,639. 29,807. 99,222.
6,631. 13,802. 167,930.

1992-93
$ 229,981, 709,299. 116,761p 317,208, 39,992, Ii9,069, 83,390,
32,966,
63,692,
7,357 1*9,228,
200,199,

TOTALS

&L,73U,7li6.

$1,711,918. $1,736,711*. $1,89U.181,

45

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

19ll9-$0

1950-51

1951-52

1952-53

1. Agriculture

26,750

2. Arts & Sciences

133,597

3. Business Administration 38,217

1*. Education

32,261

5. Forestry

6,188

6. Home Economics

6,072

7. Journalism

7,51*2

8. Law

9,970

9 Pharmacy

6,302

10. Veterinary Medicine

11,111

22,01*5
110,529 31,081* 27,166
U,i5U 5,803 5,720
7,851
5,21*3
11,508

18,1*37 91,802 26,316 23,657
3,212 6,356 It,293 5,803 it, 501 10,735

17,221* 93,283 25,276 22,000 -2,906
6,11*8 1*,100 3,831* 3,886
12,653

TOTALS

278,010

231,103

195,112

191,310

The following table is a comparison of cost per student quarter

hour by Schools and Colleges for a four year period.

School or College

191*9-50

1950-51

1951-52

1952-53

1. 2. 3. 1*. 5* 6. 7. 8. 9 10.

Agriculture

$ 9.31

Arts and Sciences

lt.99

Business Administration 3.29

Education

7.31

Forestry

6.01

Home Economics

13.61*

Journalism

3.82

Law

6.11*

Pharmacy Veterinary Medicine

7.28
13.W1

$10.71* 5.78 3.98
9.35 9.00 13.10 5.11
7.60
9.13 13.95

$11.68 7.01* 1*.20
12.60
11.13 12.21
6.91* 10.21
9.73 15.61*

$13.35 7.56 lt.62
11*.1*2 13.61 13.56
7.91*
16.60
12.67 15.82

TOTAL AVERAGE

$ 6.21*

$ 7.1*1

$ 8.90

$ 9.90

AUXILIARY ENTERPRISES INCOME AND EXPENSES
Details of income from Auxiliary Enterprises in the amount of $1,089,3U6.11 are shown in Schedule B-3. The details of expenses amounting to $982,800.32 are shown in Schedule C-3*
The Balance Sheet, Schedule A, reflects reserve for repairs and replacements of $268,3U0.78.
GENERAL EXTENSION AND CORRESPONDENCE The following summary is a comparison of the Operations of General Extension and Correspondence for the past four years.
47

INCOME
Student Fees State Allotment
TOTALS
EXPENSES
Admin. & General Plant Operation Instruction Serv. Related to Instruction Extension
TOTALS

19U9-50

1950-51

1951-52

1952-53

Amount Percent Amount ""Percent Amount Percent Amount

Percent

$213,096 79.87 $272,367 86.01 53,700 20.13 1*1*,300 13.99
$266,796 100.00 $316,667 100.00

$300,053 91.37 26,338 8.63
$328,391 300.00

$290,1*88 91.59 26,662. 8.1*1
17,150 100.00

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

9.57 .1*8
1*1*.93 11.88
33.U*

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

9.31
.39 1*8.1*0
9.57 32.33

$21*9,999 100.00 $269,987 100.00

$ 30,988 1,362
11*1,983 31,705
101,060

10.09 .1*1*
1*6.21* 10.32 32.91

$ 30,182 1,220
156,712 50,195 87,213

9.27 .37
1*8.11* 15.U3 26.79

$307,098 100.00 25,522 100.00

AGRICULTURAL EXTENSION SERVICE

The following is a summary of income and percentage of income to total for three years.

Source
State of Georgia Clarke County Federal Grants Gifts and Grants Other
TOTALS

1950-51

1951-52

1952-53

Amount

Percent Amount

' Percent Amount

Percent

$1*35,200 1*,320
1,250,91*7 53,809 20

21*.95 .25
71.72 3.08

$650,000 5,280
1,257,031* 1*3,627

33.23 .27
61*. 27 2.23

$ 750,000
i*,5io
1 ,259,591
39,596
H*, 702

36.26
.22 60.90
1.91 .71

$l,7l*i*,296

100.00 $1,955,91*1 100.00 $2,068,399

100.00

AGRICULTURAL EXTENSION SERVICE A comparison of expense, by objects of expenditure, is presented below in

amounts and percentages.
Object
Salaries and Wages Travel Operating Supplies and Expense Equipment
TOTALS

1950-51 Amount Tercent

1951-52

1952-53

Amount Percent Amount Percent

$1,326,990 3U0,786 101,1U6 4,205

7ii.81i 19.22
5.70
.2h

$l,U99,Ol6 311,088 98,018 8,758

78.20 16.23
5.11
I46

$1,587,981 310,058 90,579 13,725

79.31 15.48
U.52 .69

$1,773,127 100.00 $1,916,880 100.00 $2,002,3146 100.00

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
h ha kb
Uc Ud lie Uf Ui Uj 5 5a 6 7 7a 7c
8a 8b 8c 8e 9 10 11 11a 12 111

Project
Administration Publications County Agent Work Home Demonstration Work Home Improvement Nutrition Textiles and Clothing Utilization Child Development Horae Industries Health Home Ec. Leader Training Negro County Agent Work Negro Home Demonstration U-H Club Work Economics and. Marketing Research and Marketing Research and Marketing
Georgia Eggs Beef Cattle and Sheep Dairying Poultry Swine Agronomy Horticulture Agricultural Engineering Farm Housing Forestry Soil Conservation

Federal Funds

Offset Funds

$ 25,710.12 $ 6,98U.50 31,256.61 39,752.51*

599,3U5.88 2148,021.51
209,771.72 227,6U0.08

U,U37.92 2,U66.5l4

8,658.145 1,575.02

3,8914.90 273.26

U,517.91
U,329.77
I4A O I 4.89

7,129.19
2,116.814
2,237.32

92.66 2,565.50

U , 851.U9 1,598.78

120,U56.19 13,153.20

72,005.U2 9,0143.39

35,582.37 33,001.98

29,733.114 1U,507.00

2,525.38

14,700.00 U,320.6l
17,373.52 10,6l4U.08
5,310.514 25,331.63
10,892.19 14,62I46O3..OUO1
H 42.85
1,800.00

4,700.00 1,1iU5.69 4,5214.93 U,323.26 3,156.86 10,3145.30 12,017.58 8,393.67
9,U33.82

Funds

Not Used

Total

As Offset Expenditures

$
22,038.08
383,105.19
219,087.70
35,796.UO 29,579.78

$ 32,6914.62
93,0147.23 1,230,772.58
656,1499.50
6,9014.146
12,553.35
1 ,8148.28
ll,61i7.10
6,1^46.61
6,3U2.21
14,91414.15 14,1614.28
169,1405.79
110,628.59
68,581t.35
I4U, 2UO.X14
2,525.38

2,681.02 6,591.13

9,1400.00
5,766.30 2l4,579.U7 114,967.314
8,l467.UO U2,271.06
22,909.77 22,657.08
6Jh0.00 9,576.67 1,800.00

49

No.

Project

Federal Funds

Offset Funds

Funds Mot Used As Offset

Total Expenditures

17 Recreation

$

287.21 $ 7,165.23

16 Wild Life Conservation

1,288.23

19 Bee Culture

5,621.93

20 Visual Aid (Restricted)

21 Corn Meal Enrichment

22 Entomology

6,251.52

$

$

705.07 9,358.97
1*1,727.71

7,152.11 1,288.23 5,621.93
705.07 9,358.97 6,251.52 11,727.71

TOTALS

$1,256,759.77 $690,958.76

$750,971.05 $2,698,692.58

(1)

....... (`27 "

(1) Of this amount $22,176.83 was disbursed by the various counties. (2) Of this amount $616,217.91 was disbursed by the various counties.

The following schedule indicates the funds to be offset and the manner in which they were offset.

Funds To Be Off-Set
FEDERAL FUNDS Smith-Lever and Bankhead Jones Bankhead-Flannagan Capper-Ketcham Additional Cooperative Farm Housing Research and Marketing Norris-Doxey Clarke-McNary

Total

To Be Off-Set

Mon Off-Set

$ 663,817.11
523,838.15 37,331.18 26,132.70 610.00 1,700.00 915.00
1 ,620.00

$112,521.13 523,838.15 17,331.18
1,700.00 915.00
1,620.00

$521,293.31
20,000.00 26,132.70
610.00

TOTAL FEDERAL FUNDS

$1,259,321.77 $690,958.76 $568,366.01

STATE AMD COUNTY FUNDS State and Other Funds County (Disbursed by Counties)
TOTAL STATE AND COUNTY FUNDS

$ 773,508.01 668,121.77
$1,111,932.81

$668,781.93 22,176.83
$690,958.76

$101,726.11 616,217.91
$750,971.05

The following is a summary of expenditures by objects:

Ob j ect

Disbursed by Disbursed by

University

Counties

Total

Personal Services Travel Transportation of Things Communication Service Heat, Light and Power Printing Repairs to Equipment Insurance Supplies and Small Printing Equipment Retirement Contributions

$1,593,088.70
310,0^8.33 1,286.72
12,011.21
2,537.93 31,927.21;
5,793.59 U,583.10 5U,611.1^ 13,725.33
61;!;.20

$668,l;2l;.77

$2,261,51307 310,058.33 1,286.72 12,011.21
2,537.93 31,927.21;
5,793.59 1;,583.10. 51;, 611.15 13,725.33
61;!;.20

TOTALS

$2,030,267.81 $668,U2l;.77 $2,698,692.58

Percent to Total
83.80 11.U9
.05 U5
.09
1.18 .21
.16
2.02 .51 .02
m o . 00

51

CONSOLIDATED BALANCE SHEET June 30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and In Banks Accounts Receivable Due from Other Funds TOTAL GENERAL

$ 71*9, 61*3.86
380,968.72 ____ 3,750.21*

$ 1,131*,362.82

B. RESTRICTED Cash in Banks Accounts Receivable TOTAL RESTRICTED

301,158.50 53,1*93.73

351*,652.23

C. AUXILIARY Cash in Banks Inventories Accounts Receivable TOTAL AUXILIARY
TOTAL CURRENT FUNDS

1*58,199.52
33,261.10
37,89l*.99

529,355.61

$ 2, 018, 370.66

II. AGENCY FUNDS Cash in Banks Accounts Receivable TOTAL AGENCY FUNDS

379,31*3.89 13,006.83

392,350.72

III. ENDOWMENT FUNDS Investments

2,1*31*, 271.95

IV. LOAN FUNDS Cash in Banks Investments Due From Endowment Funds TOTAL LOAN FUNDS

66,589*37 680,21*8.23
1*3,509.19

790,31*6.79

V. PLANT FUNDS A. UNEXPENDED Cash in Banks Temporary Investments

$ 991,662.65 _________ 0

991,662.65

B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL PLANT FUNDS

l,Ol*7,581*.22
16,692,961.56 597,723.03
1*,820,221.77

23,158,1*90.58

21*,150,153.23

TOTAL ASSETS

$29,785,1*93.35

CONSOLIDATED BALANCE SHEET June 30, 1953

LIABILITIES

I. CURRENT A. GENERAL Purchase Orders Outstanding Accounts Payable Unearned Income Reserves Surplus TOTAL GENERAL

$ 65,01*1.96
6,836.1*7
126, 671. 21*
2 0, 1 2 5 .1*0
915,687.75 $ 1 ,131*,362.82

B. RESTRICTED Fund Balances

351*,652.23

C. AUXILIARY Purchase Orders Outstanding Reserves For Repairs and Replacements TOTAL AUXILIARY

7,09i*.70 522,260.91

529,355.61

TOTAL CURRENT FUNDS

$ 2, 018, 370.66

II. AGENCY FUNDS Fund Balances

392,350.72

III.

ENDOWMENT FUNDS Fund Balances Due Other Funds Reserves
TOTAL ENDOWMENT FUNDS

2,359,531.73 1*3,509.19 31,231.03

$ 2,1*31*,271.95

IV. LOAN FUNDS Fund Balances Reserves TOTAL LOAN FUNDS

620,872.39
169,1*7U .1*0

790,31*6.79

V. PLANT FUNDS A. UNEXPENDED Due to Other Funds Fund Balances

$ 3,750.21* 987,912.1a

991,662.65

B. EXPENDED

Due to Other Funds

996,660.17

Equity of Univ. System Bldg. Auth. 3,379,658.50

Invested in Plant

18,812.171.91

TOTAL PLANT FUNDS

23,158,1*90.58

21*,150,153.23

TOTAL LIABILITIES AND SURPLUS

$29,785,1*93.35

55

CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL

Student Fees

$1,967,1*33.21*

Public Appropriations

State-Regular

$1*, 289*963.22

Federal

1,755,218.39

Other TOTAL PUBLIC APPROPRIATIONS

118,1*98.50
6,163,680.11

Endowment

18,131*.37

Gifts and Grants

1*20,669.19

Sales and Services Other

756,795.95 67,562.92

TOTAL EDUCATIONAL AND GENERAL

$ 9,39li,275.78

B. AUXILIARY Dormitories Dining Halls Other TOTAL AUXILIARY

328,952.81 1*00,657.81* 558,179.1*6

1 ,287,7 9 0 .1 1

C. OTHER NON-EDUCATIONAL Endowment Gifts and Grants TOTAL OTHER NON-EDUCATIONAL

22,297.1*3 1,021*.1*6

23,321.89

TOTAL CURRENT INCOME

$10,705,387.78

D. PLANT FUNDS State of Georgia Other TOTAL PLANT
TOTAL INCOME
NON-INCOME

579,380.15 581,685.27

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

$11, 866, 1*53.20

1*0, 1*28.36

TOTAL RECEIPTS

$11,906,881.56

CONSOLIDATED STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Salaries

Operating

and

Supplies &

Capital

Wages________ Expense_________Outlay_________ Total

A. EDUCATIONAL AND GENERAL Administration and General Student Welfare Physical Plant Libraries Instruction Research Services Related Extension
TOTAL EDUCATIONAL AND GEN.

$ 325,955.55 $ 178,378.13 $

1 1 0 , 6 0 3 . 1+0

19,131.51+

10,906.36 $
3,31+5.78

515, 21+0 .01+ 133,080.72

332,059.35 180,767.76
2,682,762.17 1,21+5,550.19
99,976.61

276,367.03 15,828.1+9 186,91+6.1+7 1+39, 01+2.16
228,338.30

27,771.93 162.950.17
96,927.55 169.952.17
22,183.57

636,198.33 359,51+6.1+2 2,966,636.19
1,851+,51+1+.52 350,1+98.1+8

1.800,837.79

1+97,761.53

17,1+11.99 2,316,011.31

, 16 7783512.82 $ 1 ,81a, 793.65 $ 511,1+1+9.51+ $ 9 ,1 3 1,756.01

B. AUXILIARY Dormitories Dining Halls Other
TOTAL AUXILIARY

$ 90,883.35 $ 92,678.69 75,783.32

107,700.17 $ 315,1+36.51 1+06,1+29.07

$ 259,31+5.36 ft 829,565.75 $

5,l+l+l.l+6 $ 1,31+7.27 15,212.51-

20l+,02i+.98 1+09,1+62.1+7 l+97,l+2l+.9Q

22,001.21+ $ 1 ,1 1 0 ,9 1 2 .3 5

C. OTHER NON-EDUCATIONAL Scholarships Awards
TOTAL OTHER NON-EDUCATIONAL

$ 22,093.96 1,000.39
$ 23,09l+.35

$ 22,093.96 1,000.39
$ 23.09U.35

D. PLANT FUNDS Additions Debt Service Other
TOTAL PLANT FUNDS
TOTAL EXPENSE
NON-EXPENSE
TOTAL DISBURSEMENTS

$1,708,133.95 $ 1,708,133.95

$ 30,676,70

55,896.77

86,573.1+7

208,i+7i+.69

208,l+7l+.69

$ 239,151.39 $1,761+,030.72 $ 2,003,182.11 $7.037,858.18 $2,933,605.11+ $2,297,1+81.50 $12,268,91+1+. 82

$

382.31+

$12,269,327.16

"5?

BALANCE SHEET June 30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable Board of Regents Veterans Adm. Other TOTAL GENERAL FUNDS

I.

$ 319,391.13

91,909.39 65,61*3.96
1*25.00

157 978.35 $ 1*77,369.1*8

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS

$ 88*,1*95.06
31.620,93

120,115.99

C. AUXILIARY Cash in Bank Accounts Receivable TOTAL AUXILIARY FUNDS

$ 21*5,1*37.67 29,191*. 72

271*,632.39

D. GENERAL EXTENSION

Cash in Bank

$

Accounts Receivable

Board of Regents

$61*,000.00

Veterans Adm.

29,276.53

TOTAL GENERAL EXTENSION

31*,763.10 93,276.53

128,039.63

TOTAL CURRENT FUNDS

$ 1,000,157.1*9

II. AGENCY FUNDS Cash in Bank Accounts Receivable

$ 311*, 796.17 3,719.51

318,515.68

III.

ENDOWMENT FUNDS Investments
Athens Federal Savings & Loan Assn. U. S. Securities State Hospital Authority Bonds Other Bonds Univ. System Bldg. Auth. Bonds Preferred and Common Stock Real Estate Owned Loans to Fraternities University of Georgia Buildings Loss on Sale of Bonds to be Amortized

$

750.00

821,800.00

113,625.00

11*1,000.00

506,700.00
20,301*. 65

35,900.00

30,61*9.36

751*, 111.11*

9,1*31.80

/ TOTAL ENDOWMENT FUNDS /

2,i*3l+,271.95

60

BALANCE SHEET (Continued)

IV. STUDENT LOAN FUNDS & MISC. FUNDS Cash in Bank and On Hand U. S. Securities State Hospital Auth. Bonds Notes Receivable - Students Common Stocks University System Bldg. Auth. Bonds Loans to Fraternities University of Georgia Buildings North Georgia College - Loan H. H. Hinton Property Savannah State College - Loan Due from Endowment Funds TOTAL STUDENT LOAN & MISC. FUNDS
V. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Improvements Other Than Bldgs. Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

9 118,3 8 0 .0 0
11,375.00
100,105.57 1.00
1*3, 300.00
99,581*.29 206, 1*1 9 .6 6
31*, 363.92
12,726.91 23,991.88

66,589.37
680,21*8.23 1*3,509.19

790,31*6.79

$ 920,792.91

$ 280,1*86.50
13,923,71*3.51 572,032.98
3,21*7,776.95

$18,021*, 039.91*

18,91*1*, 832.85

$23,1*88,121*.76

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserve for Work in Progress Reserve for Insurance General Surplus TOTAL GENERAL FUNDS

$ 1*7,331.1*0
81,1*91*. 91
15,230.00
1*, 895.1*0
328,1*17.77 $ 1*77,369.1*8

B. RESTRICTED Fund Balances

120,115.99

C. AUXILIARY Purchase Orders Outstanding Reserve for Repairs & Replacements TOTAL AUXILIARY FUNDS

$

6,291.61

268,31*0.78

271*,632.39

D. GENERAL EXTENSION Purchase Orders Outstanding Surplus TOTAL GENERAL EXTENSION
TOTAL CURRENT FUNDS

$

7-1*7.70

127,291.93

61

128,039.63
$ 1 ,000*157.1*9

BALANCE SHEET -LIABILITIES (Continued)

II. AGENCY FUNDS Fund Balances

$ 318,515.68

III.

ENDOWMENT FUNDS Fund Balances Due to Other Funds Reserve for Purpose of Trust
TOTAL ENDOWMENT FUNDS

$ 2,359,531.73 1*3,509.19 31,231.03

2,1*31*, 271.95

IV. STUDENT LOAN FUNDS AND MISC. FUNDS Fund Balances Reserve for Purpose of Trust TOTAL STUDENT LOAN FUNDS AND MISC. FUNDS

$ 620,872.39 l69,i*7l*.i*0

790,3U6.79

V. PLANT FUNDS A. UNEXPENDED Fund Balances

$ 920,792.91

B. EXPENDED
Due to University of Georgia Trust Funds $ 960, 530.80

Due to Georgia Medical College

6,129.37

Equity of Univ. System Bldg. Auth.

3,379,658.50

Invested in Plant

13,677,721.27

TOTAL EXPENDED

$18,021*,039.91*

/

TOTAL PLANT FUNDS

18,910*, 832.85

TOTAL LIABILITIES AND SURPLUS

$23,1*88,121*. 76

62

Student Fees Public Appropriations
State of Georgia Federal Other Endowment Gifts and Grants Sales and Services Dormitories Dining Halls Printing Shop Stores Other
TOTAL INCOME NON-INCOME
TOTAL RECEIPTS

SUMMARY OF INCOME For Year Ended June 30, 1953

Current Funds

Educational

Auxiliary

and General Enterprises

Other NonEducational Plant Funds

Total

$1,31*5,718.90 <1

$

$

$1,31*5,718.90

2,17U,596.61 105,572.00 77,1*52.92 18,131*. 37 257,233.09 89,996.75
17,363.25

328,952.81 1*00,657.81+
52,095.91* 307,639.52

197,699.1*1 1,021*. 1*6 22,297.1*3
1*91,566.26

2,372,296.02 105,572.00 77,1*52.92 19,158.83 279,530.52 89,996.75 328,952.81 1*00,657.81*
52,095.91* 307,639.52 508,929.51

$1*,086,067.89 $1,089,31*6.11 $23,321.89 $689,26^.67 $5,888,001.56

3,617.78

270,073.1*7

273,691.25

$1*,089,685.67 $1,089,31*6.11 #23,321.89 $959,339.11* $6,161,692.81

63

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953
General Income

Restricted Income

Total

A. EDUCATIONAL A$B GENERAL STUDENT FEES Matriculation Non-Resident Tuition Nursery School Atlanta Area Korean Veterans Summer - Non-Resident Tuition Summer - Matriculation Infirmary Diploma Health Music Fees Miscellaneous TOTAL STUDENT FEES

1 627,394.55 212,085*92 3,094.50
2,502.00 37,732.16 98,386.61
6,663.1*0 8,977.50 31*, 100.1*3 3,050.00 9,991**1*8 $1,01*3,983.55

$

627,39k.55

212,085*92

3,091**50

11,21*7.50

11,21*7.50 2,502.00

37,732.16

98,388.61

6,663.1*0

8,977.50

31*,100.1*3 3,050.00

9,994.48

-? 11,21*7.50 ~ |l,055,231*05

PUBLIC APPROPRIATIONS

State of Georgia

Accounts Receivable 7-1/52 $ 96,808.24

Regular Operations

2,106,500.00

Less Amount Payable

_____91,909*39

Vocational Funds

Dept, of Health - Mental Health

Other States

N. C. - For Ag. Ed. Relations

Tennessee - For Ag. Ed. Relations

Virginia - For Ag. Ed. Relations

United States

Morrill-Nelson Fund

U. S. Public Health - Brucellosis

U. S. Public Health - Metabolism

Vocational Funds

Counties and Cities

Chatham County - For Surveys

Clarke County - Demonstration School

Floyd County - For Surveys

Hall County - For Surveys

Muscogee County - For Surveys

TOTAL PUBLIC APPROPRIATIONS

2,101*, 898.85 P 'JTflit,898.8 T

| 6,500.00
30,514*. 61* 5,990.91*
175.00 1,100.00 1,1*00.00
67,863.65 3,510.00 1*,61*1*.00
29,554.35
2,11*2.00 71,035.92
375.00 1*75.00 750.00 fggSffio.'ffi

2,111,398.85
30,51*4.61* 5,990.94
175.00 1,100.00 1,400.00
67,863.65 3,510.00 4,644.00
29 >551).35
2,142.00 71,035.92
375.00 475.00 750.00 gg;'35o7959 3 5

ENDOWMENT Alumni Y.M. CVA. Alumni Library Denmark, B.A* & T.N. Bococh, W. H. Franklin College Franklin, Mary J.

$ 425.88 $ 330.32
1,081.05 9.50
8,000.00 119.46

425.88 330.32 1,081.05
9.50 8,000.00
119.46

64

STATEMENT OF CURRENT INCOME (Continued)

ENDOWMENT (Continued) Gilmer, George Mager s, Edmund Landscrip Terrell, William University of Georgia Foundation TOTAL ENDOWMENT

General Income
1
TT $

GIFTS AND GRANTS FROM PRIVATE SOURCES All States Foundation Allied Chemical and Dye Athens Development Corporation Atomic Energy - Savannah River Emory University Game and Fish Commission General Education Board, Art - 1952-53 General Education Board - Lamar Dodd General Education Board - Graduate School
Georgia Power Company Georgia Poultry Improvement Association Jackson Electric Corporation Jewish Fund Kellogg Little Ocmulgee Elec. Corporation Livestock Judging Massengill, S. E. Milk Control Board Mitchell Electric Corporation Ordnance - Cohen Ordnance - Fort Ordnance - Huff Read Psycho-Educational Clinics Sharp & Dohme Tennessee Corporation - Pine Nutrition Tsali Institute Walters Electric Memb. Corporation Veterinary Medicine - Regional Council Wyeth Laboratories
TOTAL GIFTS AND GRANTS FROM PRIVATE SOURCES

Restricted Income

Total

-- p**.1 vCrJ\

$

1 + 5 2 .7 7

2 .5 0

6 ,1 8 6 .8 2

6 9 2 .7 9 8 3 3 .2 8

10,131+. 3 7 -- $

2 .5 0 6 ,1 8 6 .8 2
6 9 2 .7 9 8 3 3 .2 8
10, 13!+ 3 /

y y P UJU
350.00 2,000.00
10,593.1+1
6.300.00 6 ,0 0 0 .0 0
3U,000.00
1 0 ,000.00
23.000. 500.00 250.00 50.00
100.00

5.000. 00 350.00

2. 000. 00

10,593.m 6.300.00

6 ,0 0 0 .0 0

3U,000.00

10,000.00

00 23.000.

00

500.00

250.00

50.00

100.00

U,856.3U
50.00 625.00 2.500.00

1+, 856.31+
50.00 625.00 2.500.00

1 ,000.00
50.00 3.800.00

.1,000*00
.50.00
3 800.00

7,583.3U 7.775.00

7,583.31+
7.775.00

100.00

100.00

1 ,00 0 .0 0

1 ,000.00

500.00

500.00

700.00

700.00

50.00

50.00

127.000.

0 0 127.000.

00

1 .500.00

1 .500.00

$257,^3.09 $ '257,233,09

SALES AND SERVICES Agricultural Education Relations Literary Quarterly Mathematics Books Surveys - Educational University Press Veterinary Clinics Veterinary Pathology TOTAL SALES AND SERVICES

$

$ 15 ,550.79 $ 15,550.70

3,602.1+3

3,602.1+3

6,81+1.69

6,8U1.69

315.00

315.00

25,1+65.69

25,1+65.69

37,206.09
1 ,0 1 5 .0 6

37,206.09
1 ,0 1 5 .0 6

I 67,209.7 $.'22,7<57.Hff

65

STATEMENT OF CURRENT INCOME (Continued)

OTHER SOURCES Agricultural Extension Service General Experiment Station Rents Veterans Guidance Mis cellaneous TOTAL OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME

NON-INCOME Transfer from Restricted Funds

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

B. GENERAL EXTENSION STUDENT FEES Correspondence Film Library Part-time and Special Services Photographic Department Columbus Center Gainesville Center Marietta Center Rome Center Savannah Center Waycross Center Negro Columbus Center TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Less Amount Payable

$90,662.18 61*,000.00

TOTAL GENERAL EXTENSION INCOME

C. AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Candler Clarke Howell Coordinate Law Lucy Cobb Mary Lyndon Milledge Milledge Annex Myers Hall Private Trailors Reed Hall Rutherford

66

General

Restricted

Income_______ _ I n c o m e

Total

$ 8,066.00 $
0,000.00 l,lL.56 1,1*3 1*.99 2,710.70 1 17,363.25 ~ T ~
$3,233,531*. 92 #535,382.91)

$ 8,066.00 1*,000.00 1,151.56 1,1*31* .99 2,710.70
17,363.25
$3,768,917.86

$ 3,617.78 $3,237,152.70

&IP $535,382.91)

$ 3,617.78 $3,772,535.61)

$ 58,356.68 $ 8,033.77
11,1*58.17 11,271*. 96 1*7,039 <19 29,01*9.13 19,302.55 1*8,239.98
35,171.55 22,561.87 " 290,1*87.85 $

$ 58,356.68 8,033.77
11,1*58.17 11,271*. 96 1*7,039.19 29,01*9.13 19,302.55 1*8,239.98
35,171.55 22,561.87 290,1*07.85

$ 26,662.18 $
$ 317,150.03 $
25,000*67 21*,993.50
7,937.25 27,262.78 22,11*0.67
8,295.31
6,663.03
15,1*26.1*5 17,1*77.86 26,1*11*. 50 28,01*7.20
1,1*37.20
21, 95I*.1*0
17,91*1.56

$ 26,662.18
$ 317,150.03
$ 25,000.67 21*,993.50 7,937.25 27,262.78 22,11*0.67 8,295.31
6,663.03
15,1*26.1*5 17,377.86
26,1*11*.50
28,01*7.20 1,1*37.20
21,951*. 1*0 17,91*1.56

STATEMENT OF CURRENT INCOME (Continued)

General Income

Restricted Income

Total

C. AUXILIARY ENTERPRISES (Continued) DORMITORIES (Continued)
Soule Veterans Housing
tyvpat DORMTIiTRIER

$ 7,303.U5 70,656.98
i '328,95^.81

ft 7,303.U5 70,656.98
Hr 328,952.81"

DINING HALLS Coordinate Denmark Lucy Cobb Mxlledge Annex Snelling Hall Tea Room TOTAL DINING HALLS

-$ 65,65U35 98,2UU.70
28,283.02
59,995.97 139,020.27
9.U59.53 ft U00,657.8U

$ 65,65U35 98,2UU.70
28,283.02
59,995.97 139,020.27
9.U59.53
ft LOO,657.8U

OTHER Printing Department
TOTAL OTHER
TOTAL AUXILIARY INCOME

ft 52,095.9U 307,639.52
$ 359,735.U6
$1.089,3U6.11

$ 52,095.9U 307,639.52
ft 359,735.L6
-,089.3U6.il

OTHER NON-EDUCATIONAL ENDOWMENT
Advancement of Art Fund W. J. Bryan Fund Joe Brown Connaly Fund George D. Kitzinger Fund Neil Reed Memorial Fund H. B. Russell Fund
TOTAL ENDOWMENTS

ft

ft

58.50 ft

6.1U

58.50
6.1 L

71.95

71.95

380.37

380.37

UOO.OO

LOO.00

55.00

55.00

52.50

52.50

ft l,ou.U'5" 1 l,02L.Lo

GIFTS AND GRANTS Amer. Foun. Pharmacy Ed. - Fellowship Atlanta Women's Pan Hellenic - L. Kemp Gladys Beach * Earl Jenkins Scholarship James F. Byrnes Foun. - Grace Miller Sch. Chicago Title & Trust Co. - Chi Psi Sch. Columbus Phil. Guild - Barbara Garrett Sch.
Delta Air Lines - Scholarships Mrs. R. M. Durr - Poultry Scholarships Rebecca Felton Fund - W. D. Vaughn Scholarship Georgia Feed Association * Scholarships Travis Johnson -- Donald Bond Scholarship Sallie Maude Jones Fund - Scholarships^ Kroger Grocery Company - For Scholarships Michael Fund - For Robert West Near East Foundation - Shahbaz Parsa Sch. Rosenblatt Fund - Louise Virgin Scholarship

$ 2,650.00 $ 180.00
100.00
518.5U 200.00
150.00 600.00
1 ,600.00
200.00
1,123.1*5
150.00
1 ,100.00
866.66
500.00 320.00
370.00

2 ,6 50.00
180.00
100.00
518.5U
200.00 150.00 600.00
1 ,6 0 0 .0 0
200.00
1,123.U5
150.00
1 ,100.00
866.66 500.00 320.00
370.00

67

STATEMENT OF CURRENT INCOME (Continued)

General Income

Restricted Income

Total

D . OTHER NON-EDUCATIONAL (Cont inued)

GIFTS AND GRANTS (Continued)

Sears-Roebuck & Co. - Agriculture Sch.

Sears-Roebuck & Co. - Home Economics Sch.

Seedmans Company - Lambeth Hartley Sch.

Soiar Steel Corp. - A. A. Price III Sch.

Sou. Assn. Ice Cream Mfg. - Roddy 3. Parkman

Strain Feed and Coal - Poultry Scholarships

Student Activities - Orchestra Scholarships

Student Activities - For Prizes

Tithers, Inc. - Nancy Johnson Scholarship

Lamar Trotti Fund - Frances Sosebee Sch.

Union Bag Company - Forestry Scholarships

Univ. of 3a. Foundation - Bert Michael Award

Various Sources - For Music

Various Sources - For Pharmacy

Maude Y/arwick Fund - Patricia G. Smith Sch.

Welfare Assn. - James S. Spooner Scholarship

Woman's Club - Eva L. Renter Scholarship

TOTAL GIFTS AND GRANTS .

1

$ 2,183.32 $
999.98

2,183.32 999.98

1*00.00

1*00.00

330.00

330.00

1,000.00

1,000.00

200.00

200.00

1,007.65
60.00

1,007.65
60.00

100.00
306.00
2,93l*.00

100.00
306.00 2,931*.00

15.1*2

15.1*2

55.02
950.00 250.00

55.02 950.00 250.00

175.89

175.89

701.50

701.50

~ & 22,297.1*3 $ 22,297.1*3

TOTAL OTHER NON-EDUCATIONAL

$

$ 23,321.89 $ 23,321.89

TOTAL CURRENT RECEIPTS

$1*,61*3,61*8.81* $558,70l*.83 $5,202,353.67

68

SUMMARY OF EXPENDITURES For Year Ended June 30, 1953

Current Funds

Educational

Auxiliary

and General Enterprises

Other NonEd ucational

Fiant Funds

Total

EDUCATIONAL & GENERAL

Administrative and General $ 267,373.62 t

Student Welfare

116,96^.08

Plant Operations

I4I48,973.15

Library

2b6,b86.68

Instruction

2,273,366.9b.

Research

21*1,288.73

Serv. Rel. to Instruction

50,195.15

Extension

298,679.78

4

w

$ 267,373.62
116,965.08 bb8,973.15 2b6,b66.66
2,273,366.9b
2bl,288.73
50,195.15 298,679.78

AUXILIARY Dormitories Dining Ralls
General Dorms. & Dining Halls
Pointing Shop Stores

20b, 021;.98
b09,b62.b7
5,799.99 53,992.b8
309,520.bo

20b,02b.98
b09,b62.b7
5,799.99 53,992.b8
309,520.bo

OTHER RON-EDUCATIONAL Scholarships Awards

22,093.96 1,000.39

22,093.96 1,000.39

PLANT Additions to Plant Indebtedness Retired (Rent)

725,382.3b 86,573.b7

725,382.3b 86,573.b7

TOTAL EXPENDITURES NON-EXPENSE

$3,91*3,329.13 $ 982,800.32 $23,09b.35 $811,955.81 $5,761,179.61

189,500.00

78,573.b7

268,073.b7

TOTAL DISBURSEMENTS

$1*,132, 829.13 $1,061,373.79 $23,09b.35 $811,955.81 $6,029,253.08

69

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies &

& Wages

Expense

Equipment

EDUCATIONAL & GENERAL

ADMINISTRATIVE & GENERAL

Accounting Office

$ 38,589.70 $

Alumni Office

6,000.00

Comptroller's Office

12,809.1+1+

General Expense

66,019.1+0

President's Office

32,552.39

Public Relations

21,308.91+

Registrar's Office

1+0,299.1+6

Statistical Bureau

17,133.91

Veterans Division

2,1+78.60

TOTAL ADM. & GENERAL J 23?,l91.8I( *

$ 33,508.31 * k,997.9k $

83.1(5

6,000.00

12,1(59.81*

31+9.60

6,961+. 22

59,055.18

30,299.98

2,252.1+1

18,220.27

2,673.1+2

1+15.25

31,oit5.1t9

8,281+.10

969.87

16,671.16 2,21+9.22

297.75 11(9.87

165.00
79.51

' * 157,1(18.1(9 T 78,660.27 1 T V F 3 7 5

STUDENT WELFARE

Dean of Students

$ 11,071.76 $

Dean of Men

2U, 31(1.1(9

Dean of Women

23,1+86.26

Placement

11,167.73

Student Health Service

1(5,127.92

University Chaplain

1,569.92

TOTAL STUDENT W E L F A R E T i 6,7 5.o 8 $

$
200.00
200.00 ' $

10,200.00
23,2m . 13
22,151.61+ 9,1+31+. 88
29,553.69 1,699.92
"96,281.26

| 816.76 81+2.66
1,023.50 982.80
13,781+. 32 70.00
17,520.01+

$

55.00

257.70

311.12

750.05

1,789.91

$ "3,163.78

PHYSICAL PLANT General Operations Grounds Janitors Repairs TOTAL PLANT OPER.
LIBRARIES

$ 109,352.58 $ 7,367.87 63,731+. 66

130,218.93

135,079.1k

2,000.00

$ 1(38,385.31 1 9,367.87

$ 21+6,386.68 $ 100.00

$ 21,069.81+ $ 87,81+0.87 $ 7,809.7k

37,167.08 17,293.80

9,273.78

116,1+81.21+ 12,1+27.52

1,310.17

55,510.79 76,358.02

5,210.33

$ 230,228.95 *193,920.21 |""23,661+.02

$ 137,016.58 $ 9,136.66 $100,333.1+1+

INSTRUCTION

Dean of Faculties

$ 19,993.30 $

$ 19,251+.7l+ $ 668.13 $

70.1+3

College of Agriculture

Dean's Office Agr. Economics

29,866.67 10,686.31

3,000.00

25,751.61( 13,1+16.81+

3,726.13 269.1+7

388.90

Agr. Engineering Agronomy Animal Husbandry Dairy

36,103.1+0 l8,6ll+.69 20,1+12.1+6 12+, 275.11

l+,000.00
5,000.00 5,000.00 6,000.00

3i+,088.77 22,095.21+ 23,31+9.68 19,099.-81

91+2.03
995.90
563.07
982.35

5,072.60
523.55
1,1+99.71
192.95

Food Technology Horticulture

12,809.83 10,558.1+3

5,000.00

11,096.18 li+,l+51+.60

1,065.83 1+91.79

61+7.82 612.01+

Landscape Arch.

17,258.88

15,823.59

928.71

506.58

Plant Pathology Poultry Husbandry

11+, 237.1+0 10,730.23

3,000.00

12,897.00 12,819.80

501+.57 1+29.26

835.83 1+81.17

Arts & Sciences Dean's Office

21,511.87

17,91+7.31+

3,316.35

21+8.18

70

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

INSTRUCTION (Continued)

General
rT ^

Restricted

Archaeology

$

Art

G. E. B. Art (51-52)

6,UU8.15 $

57,1^5.28

1,000.00

1,988.52

1 ,988.53

G. E. B. Art (51-52)

20,016.37 20,016.37

Bacteriology Biology Botany

15,926.13 U6,729.68 31,609.37

2,1400.00
2,000.00

Chemistry

63,598.19

3,692.79

Classics English Geography & Geology

9.U22.9U 66,8U9.17 3U,U33.01

3,000.00
2,000.00

History Mathematics

29,321.26 iil,0U0.65

3,000.00

Modern Languages

UU,350.96

Music

5ii,120.86

Nursing Education

2,150.00

Philosophy Physics Political Science

11,526.13 35.lt38.71 22,571.142

2,000.00 2,000.00

Psychology

29,731.80

Religion Sociology

5,135.96 21,6614.12

2,163.65

Speech and Drama

19,839.18

Business Administration 1114,531.614

1,000.00

Education Demonstration School

27,3U8.63 70,783.U2

General

90,789.33

U52.77

Physical Education Teacher Training - Agr. Teacher Training - H. E. Forestry

6U,927.79 8,861.39 9.13U.33
33,1314.98

28,5614.21 12,997.92
6,000.00

Graduate Graduate School - GEB Home Economics Journalism Law School

U8,5l46.87
80,1470.01 32,222.26 62,980.26

2,668.39 2,000.00

Military Pharmacy

7,279.314
146,708.81

2,000.00

Regents Professors Summer Quarter

14,993.16 137,5714.88

Veterinary Medicine

Dean's Office Anatomy & Histology Clinics & Medicine Hygiene Pathology Phys. & Pharm.

15,021.15
9,212.55
50,569.37
It,971. 30 5,977.61
20,051.66

12,000.00
51,000.00
29,000.00
314,000.00
14,500.00

Object Classification

Operating

Salaries & Wages

Supplies & Expense

Equipment

$ 6,300.00 $

85.86 $

62.29

5l4,665.9U 3,650.00

1,711.28 216.23

1,768.06 110.82

20,933.02

6,527.22

12,572.50

114,819.92 143,031.76
29.97U.U1 5U,653.08
9,300.00

506.3U
it,337.77 1 ,926.63
11,900.143
73.92

599.87
1 ,760.15
1,708.33
737.147 U9.02

69,132.148

398.8U

317.85

29,U6l.l8

1,676.55

5,295.28

29,121.72
U3.379.36
U2, 532.14I4

150.OU 209.53 532.32

U9.50
U51.76
1,286.20

5l,7i49.2U

1,256.814

1,1114.78

2,100.00 ll,U23.2l4

50.00 72.89

30.00

32,182.72

1,8814.614

3,371.35

214,266.36
29.2ltl.52 5,067.6U

237.U1
350.53
18.82

67.65
139.75 U9.50

23.U53.U8 19,029.96

3714.29
2I4I . H 4

568.08

107,769.U6

14,738.814

3,023.3U

93,373.30 83,090.69 60,683.17 31,1140.80 19,806.36 3U.968.53 U7.U02.89
2,1400.00
72,71t5.10 29,257.73 59,761t. 72
5,919.96 37,139.73
14,993.16 13S,585.1tl
13,239.81t 18,6314.56 62,793.69 28,070.82 314,3914.66 20,959.92

3,977.19
it, 508.05
3,087.36 6,2814.80 2,325.89 1,802.17
961.32 268.39 6,188.08 2,3014.87 1,607.98 1,1914.18 6,332.58
1,989.U7
1,666.81 1,251.20 31,906.08 2,171.62 2,119.71 1,171.53

781.56 3,613.36 1,157.26
2,3614.28 182.66
3,536.83
659.66 1,607.56
165.20 5,236.50
I U 4.50
1,326.79
6,869.60 3,731.86
3.U63.21 2,U20.21

TOTAL INSTRUCTION

$1,783,1426.76 4333,228.05 $1.895,699.20 $137,1481.26 $ 83.U71t.35

71

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

ORGANIZED RESEARCH
Atomic Energy 7 Sav. $
Brucellosis

Bureau Business Res.

Bureau Pub. Adm.

Eli Lilly - Phann.

General

Mite Control

Ordnance - Cohen

Ordnance - Fort

Ordnance - Huff

Pine Nutrition

Plant Toxicology

Sharp & Dohme

Tsali Inst. - Cherokees

Wood Preserving - For.

TOTAL ORG. RES.

$

1 3 ,622.15
9,609.59 163,618.60
1*05.25
187,255.59

$ 11,681.65 $ 9,595.00

2,206.66

1,187.50

1 1 ,882.82

7,719.96

2,527.32

868.00

8,000.00
338.92

11*7,066.60

3,1*82.1*8 6,020.96

3,298.23
6,020.96

5,580.72 131*. 00

5,390.28
131*. 00

11,738.37

8,1*11.69

612.56

600.00

1,310.50

1,065.75

399.00

321*. 00

$ 51*,033.11* " $ " 203,561*.T9

$ 1,753.18 91*8.76
1,739.33
1 ,311*.63
398.51 13,905.80
181*. 25
190.1*1*
2,Oi*9.l8 12.56
650.00
75.00 $23,221.61*

Equipment $ 333.1*7
70.1*0 575.00 1,260.81 10,61*6.20 338.92
1,277.50
$ 11*,502.30

EXTENSION

Ag. Ed. Relations

$

Ag. Short Course

1*,627.1*2

Livestock Judging

Milk Control - Short

Allstate Foundation

Atlanta Area

2,326.83

Distributive

2,100.00

Field Services

22,910.97

General Mills

Kellogg Project

Mental Health

Resource - Use

Surveys

Veterans Teacher Training

Arch. & Anthropology

5,21*3.78

Art Museum

6,882.86

Forestry

661*. 92

Forestry Surveys

Ga. Poultry Imp.

Inst, of Law & Gov.

Literary Quarterly

10,11*8.26

S. E. Massengill

Univ. Press Vet. Guidance

31,030.59
20,361*. 50

Wildlife Cons.

TOTAL EXTENSION

$ 106,300.13

$ 25,910.87
281*. 70 91*0.28 3,239.87 17,51*7.50 3,613.1*1
869.1*6 8,778.97 7,279.86
3,23l*.06
3,551.1*5 9,696.1*0
13,1*19.17 37.33
2,206.18
ll*.90
1*, 51*1.79 $105,l66.80

$ 12,187.51 $13,723.36

1*, 627.1*2

281*. 70

3,000.00

91*0.28 122.57

16,1*33.10 3,1*1*1.23

1*,999.92 20,999.76

713.1*9 1,751.21

712.50

156.96

6,100.00

2,678.97

5,1*99.96

1,779.90
3,231*.06

250.00 3,301.1*5

6,81*7.19 2,81*9.21

1*,255.16

795.75

5,133.5*

999.22

661*. 92

7,891.61* 5,528.13

37.33

1,725.00

1*81.18

5,1*80.00 1*,668.26

12,297.82 18,530.71
18,116.80 2,101*.91 2,895.00 1,038.02
* 135**89.82 $ 73,708.32

$
117.30 160.00
192.87 750.10
11*.90
202.06
11*2.79 608.77
$ 2,188.79

TOTAL EDUC. & GEN. EXPEND. $3,115,711.39 $502,095.86 $2,855,699.09 $533,128.1*0 $228,979.76

72

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

NON-EXPENSE

Transfer to Plant Funds * 189,500.00 $

Refund Prev. Yrs. Income

382.31*

Transfer to Gen. Funds

3,617*78

TOTAL NON-EXFENSE

189,500.00 $ U,000.12

TOTAL EDUC. & GEN. DISB.

$31,305,211.39 $506,095.98

B. GENERAL EXTENSION ADMINISTRATION General
PLANT OPERATIONS

$ 30,181.78 r $ 1,219.97 $

$ 20,717.88 $ 1,219.97

INSTRUCTION

Columbus Center

$ 36,521*. 61* $

Gainesville Center

2l*,51*2.95

Marietta Center

26,371.90

Rome Center

27,367.39

Waycross Center

21*,088.12

Negro Columbus Center

15,817.13

TOTAL INSTRUCTION f 156,712.13 T

$ 32,6148.57 20.719.88
25,21*6.31* 21*, 1*1*2.08
21,339.91 11.279.88 $138,676.66

SERV. REL. TO INSTR. Film Library Photographic TOTAL SERV. REL. TO INSTRUCTION

$ 29,361.83 $ 20,833.32
$ 50,195.15 $

$ 11*,101*.50
9,102.73
$ 23,207.23

EXTENSION Correspondence Part-time & Special TOTAL EXTENSION
TOTAL GEN. EXT. EXPEND.

$ 52,562.55 $
3lj.650.30
$ 8?,515/85"t
$ 325,521.88 $

$

hi,279.17

20,938.22

$ 66,217.39

$250,039.13

l C. AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Camp Wilkins Candler Clarke Howell Coordinate Law

$ 10,897.12 #
11,959.53 309.07
3,811.1*6
12,907.39 17,938.59
U,270.60

$ 1*,667.82 6,113.36
2,659.71* 6,715.39 9,659.91* 2,091.20

$ 7,015.08 $ 2,1*1*8.82

$

$

$ 3,876.07 $ 3,710.80 3,125.56
2,925.31 2,71*8.21
1,131*. 99 $ 17,520.85 $

112.27
1*02.35 5n*. 65

$ 8,115.62 $ 7,H*l.7l 8,21*9.08 3,1*81.51
$ 16,361*. 70 $10,623.22

$ 6,367.1*6 1 915.92

13,327.08

385.00

$ 19,691*.5l* $ 1 ,300.95

$ 60,595.17 $11*,887.58

$ 6,229.30 $

5,1*19.67

1*26.50

309.07

1,151.72

5,189.86 1,002.11*

9,278.65

2,179.1*0

*A
73

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

C. AUX. ENTERPRISES (Continued)

DORMITORIES (Continued)

Lucy Cobb Mary Lyndon

$ 10,121.77 $ 12,37k.83

Milledg

7,95k.78

Milledge Annex

9 , 0 6 l .73

Myers

13,292.62

Private Trailers

1,533*99

Reed Rutherford

8,189.99 11,581.10

Soule

15,k5k.23

Veterans Housing

52,366.18

TOTAL DORMITORIES

W 20U,02U.98 T "

DINING HALLS Coordinate Denmark Lucy Cobb Milledge Annex Snelling Hall Tea Room TOTAL DIN. HALLS

$ 5k,926.93 $ Ilk,606.59 36,8k3.65 62,122.16
128,377.1k 12,586.00
1*09,k62.1*7 $

GENERAL TOTAL DORMS & DINING HALLS

$

5,799.99 $

$ 6l9.287.iUi $

$ 5,933.65 5,290.26 k,955.95 k,057.16 k,081.79
2,256.73 5,3k3.87 k,025.17 23,031.32 $ 90,883.35
$ 15,865.81 21,657.51 11,639.77 9,051.75 29,807.57 k,656.28
$ 92,678.69
$ 5,klk.8l
$188,976.85

OTHER Printing Dept. University Stores
TOTAL OTHER

$ 53.992.W $ 309,520.'lt0
$ 363,512.88 $

$ 26,050.87 3k,259.02
$ 60,309.89

TOTAL AUX. ENTERPRISES

$ 982,800.32 $

$2k9,286.7k

NON-EXPENSE Transfer to^Plant Funds $

78,573.k7

TOTAL AUX. DISBURSEMENTS

$1,061,373.79

D. OTHER NON-EDUCATIONAL Scholarships Awards TOTAL OTHER NON-EDUC.

$ 22,093.96 1,000.39

TOTAL CURRENT DISBURSEMENTS $k,692,107.06 $529,190.33

$ k,188.12 6,765.18 2,998.83 3,333.17 8,k23.00
1,533.99 5,k88.10 6,039.63 11,269.06 28,903.k2 $107,700.17

$ 319.39
l,67i.kO 787.83
kk5.l6 197.60 160.00 k31.kk $ 5,kUl.k6

$ 39,061.12 92,9k9.08 25,203.88 53,070.kl 97,222.30 7,929.72
$315,636.51

l,3k7.27 $ 1,367.27

$

385.18 $

$k23,521.86 $ 6,788.73

$ 25,307.60 * 2,636.21 263,150.53 12,110.85
1288,657.93 $16,71i5.06
$711,979.79 $21,533.79

74

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1953

Balance Beginning
of Year

Income

Expenditures

Balance End
Transfers of Year

A. EDUCATIONAL AND GENERAL

STUDENT FEES - Atlanta Area

$

$ 11,21)7.50 $ 11,21*7.50 $

$

GOVERNMENTAL State of Georgia Law Institute Grants & Aids Other States N.C. - Ag. Ed. Relations Term. - Ag. Ed. Relations Virginia - Ag. Ed. Rel. Vocational United States Morrill-Nelson Dept, of Health For Mental Health For Brucellosis For Plant Toxicology For Metabolism Navy Department For Research Vocational Counties & Cities Chatham County For Surveys Clarke County For Dem. School Floyd County For Surveys Hall County For Surveys Muscogee County For Surveys

$

$ 6,500.00 $ 2,206.18 t

$ 4,293.82

-9,506.96

175.00
1,100.00
1,1*00.00
30,51*1*. 61*

67,863.65

-$09.1*8 18,372.12

5,990.91*
3 ,510.00
1*,61*1*.00

3,611.06
-9,1*88.81* 29,5514.35

175.00 1,100.00 1,1*00.00 29,83l*.00
67,863.65
7,279.86 2,206.66 11,738.37
28,272.00

-8,796.32

260.00 1,1*36.66

-1,798.1*0 1,01*3.31* 5,197.09 1*,61*1*.00

3,611.06 -8,206.1*9

2,11*2.00

-6,011.66 71,035.92

375.00

1,833.01*

i*75.oo
750.00

2,11*2.00 70,783.1*2
375.00
719.1*5

-5,759.16
2,308.01*
30.55

TOTAL GOVERNMENTAL

$ -1,700.72 $226,060.50 $226,095.59 $ 1 ,696.66 $ -3,1*32.1*7

ENDOWMENT Alumni Library For Books Alumni Y. M. C. A. For V. R. A. W. H. Bocock For Books B. A. & 'f. N. Denmark For Maintenance Franklin College For Research

$

329.63 $

330.32 $

$

1,31*8.56

1*25.88

200.00

U*.l*l* 2,776.22

9.50 1,081.05

1 ,081.05

6,165.61

8,000.00

8,000.00

$ 659.95
1 ,571*.1*1*
23.91*
2,776.22 6,165.61

75

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

ENDOWMENT (Continued)

Balance Beginning of Year_______ Income

Expenditures

Transfers

Balance End of Year

Mary J. Franklin For Maintenance
George R. Gilmer For Education - General
Journalism' Dean's Fund Landscrip Fund
For Maintenance Edmund Magers
For General Purposes George Foster Peabody
For Law School William Terrell
For Dr. A. W. Scott University of Ga. Foundation
For C. A. McMahon For H. W. Schoeribom
TOTAL ENDOWMENT
GIFTS All State Foundation For Driver Training Allied Chem. & Dye For Mite Control Athens Development Corporation For Rep. Athens High School Atomic Energy Commission For Research Atomic Energy - Sav. River For Research Callaway Community Fund For Art Carnegie Foundation For Research Emory University For Atlanta Area Game and Fish Commission For Wildlife Conservation Georgia Power Company For Ag. Ed. Relations G. E. B. - For Art 1951-52 G. E. B. - For Art 1952-53 G. E. B. - Larmar Dodd G. E. B. - Grad. School G. E. B. - For Library General Mills For Nutrition Georgia Forestry Commission For Survey Ga. Poultry Imp. Assn. For Vet. Medicine

$ 97.20 $
303.39 695.61

119.1*6 $ 1*52.77

100.00 $
1*52.77

$ 116.66
303.39
695.61

.73 3.03 100.65 1*66.1*2

6,186.82 2.50
692.79 1*33.28 1*00.00

6,186.82 692.79

.73 5.53
100.65
1*66.1*2 133. 28

0000 0000:

$12,301.1*9 $ 18,131*. 37 $ 17,1*13.1*3 133.28 $12,889.15

$

$ 5,000.00 $ 3,239.87 $

$ 1,760.13

350.00

338.92

11.08

2,000.00 2,000.00

110.95
607.36
800.00

10,593.1*1

11,681.65

110.95 800.00 -1,280.88
800.00

21*6.37

6,300.00

6,300.00

21*6.37

1,270.80

6,000.00

1*, 51*1.79

2,729.01

1,991.22
693.98 2,182.70 20,137.72

500.00
31*, 000.00
10,000.00
23,000,00

500.00 1,988.53 20,016.37
2,668.39 18.25
869.1*6

250.00

13,1*19.77 37.33

2.69

13,983.63 10,000.00 20,331.61
675.73

1,313.21*

6,717.9 5

212.67

76

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
of Year

Income

Expenditures

Transfers

Balance End of
Year

GIFTS (Continued) Jackson Electric Corp. For Ag. Ed. Relations Jewish Fund For Books Kellogg For Education Eli Lilly For Pharmacy Little Ocmulgee Elec. Corp. Livestock Judging S. E. Massengill For Vet. Medicine Milk Control Board For Dairy Short Course Mitchell County Elec. Corp. For Ag. Education Ordnance - Cohan For Research Ordnance - Fort For Research Ordnance - Huff For Research Osmose Wood Company For Wood Preserving Read. Psycho-Ed. Clinic Sharp & Dohme Southern Regional Council Tennessee Corporation For Pine Nutrition Tsali Institute - Cher. Ind. For Research Walters Elec. Corp. For Ag. Ed. Relations Wyeth Laboratories For Vet. Medicine
TOTAL GIFTS

$

$

50.00 $

50.00 $

$

100.00

81.75

18.25

U, 856.31)

8,778.97

-3,922.63

3,373.21

50.00 625.00

2,527.32
50.00
281*. 70

318.93

2,500.00 1 ,000.00
50.00

11*. 90
91*0.28 50.00

-1 ,055.00 -2,192.30

3,800.00
7,583.31* 7,775.00

3,1*82.1*8
6,020.96
5,580.72

1*00.00

100.00 1,000.00 127,000.00

606.15

500.00

610.50

700.00

50.00

399.00
612.56 126,500.00
131*.00
1,310.50
50.00

81*5.89 31*0.30
2,1*85.10
378.65

617.23 503.90

-299.71
507.38
-501.92
1.00 100.00 387.1*1*
500.00
972.15

1,500.00

1,500.00

$ 30,102.59 $257,233.09 $221*,1*88.1*7 $ 2,170.19 $60,677.02

SALES AND SERVICES Agricultural Educ. Relations Math. Books Surveys - Educational
TOTAL SALES AND SERVICES
TOTAL EDUCATIONAL AND GENERAL

$ 6,220.37 $ 15,550.79 $ 22,535.87 $

65.00

6,81*1.69 315.00

315.00

-.01 $ -761*.70 6,906.69

$ 6,285.37 $ 22,707.18 $ 22,850.87 $

-.01 $ 6,11*1.99

$ 1*6,988.73 $535,382.91* $502,095.86 $ 1*,000.12 $76,275.69

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
of Year

Income Expenditures

Balance End of Transfers Year

B. OTHER NON-EDUCATIONAL ENDOWMENT - SCHOLARSHIPS Advancement cff Art Art Scholarship Neil Reid Memorial For Landscape Arch* Sch.

91.56 $ 215.00

TOTAL ENDOWMENT - Scholarships $ 306.56 $

58.50 $
1*00.00
1*58.50 $

300.00

$ 150.06 315.00

300 00 $__________ $ 1*65.06

GIFTS - SCHOLARSHIPS American Foun. Phar. Educ. Fellowship Atlanta Womens Pan-Hellenic For L. Kemp Scholarship Gladys Beach For Earl Jenkins Donald Bond Scholarship Borden Company For Home Economics James F. Byrnes Scholarship For Grace L. Miller Chi Psi Ed. Scholarship Jennie Fowler Cole Fred Dean Scholarship Columbus Philharmonic Guild Scholarship Delta Air Lines Scholarship Mrs. R. M. Durr For Poultry (Schaffer) Rebecca Felton Fund Gainesville Civitan Club Scholarship Ga. Feed Association For Scholarship Sallie Jones Scholarship Kroger Grocery Company For Scholarship Esther McLemore Scholarship G. H. Neimeyer For Art* - Silversmithing Shahbaz Parsa Scholarship Rosenblatt Fund For Louise Virgin Sears, Roebuck & Company For Agriculture Sears, Roebuck &Company For Home Economics Seedmans For Scholarships Solar Steel Corporation Fof* Scholarships Southern Assn. Ice Cream Mfg. For Scholarship

200.00 $ 2,650.00 $ 2,81*9.96

180.00

I 8O.OO

1,200.00

100.00
150.00

100.00 75.00
300.00

6.21*

518.51* 200.00

521*. 78 200.00

75.37
2,1*00.66 80.00
600.00

150.00 600.00 1 ,600.00
200.00
1 ,123.1*5
1,100.00

75.37
150.00
520.83
1,600.Ou 200.00
60.00
1,1*73.1*5 900.00

200.17 11.5.00

866.66

799.96
115.00

50.00

320.00

25.00 320.00

370.00

370.00

66.68

2,183.32

2,516.61*

66.71*

999.98

1,016.70

170.00

1*00.00

322.29

330.00 1,000.00

330.00

.oU
75.00
900.00
79.17 2,1*00.66
20.00
250.00
200.00 266.87
25.00
-266.61* 50.02
21*7.71
1 ,000.00

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
of Year

Income

Expenditures

Transfers

Balance End of
Year

B. OTHER NON-EDUC. (Continued)

GIFTS - SCHOLARSHIPS (Continued) Strain Feed & Coal Scholarship ^

1i. 200.00 3>

$

Student Activities For Orchestra Scholarship

3,137.1*3

1,007.65

1,202.61*

Tithers, Inc. For Nancy Johnson Scholarship

100.00

100.00

Lamar Trotti Fund For Frances Sosebee

76.50

306.00

300.00

U. S. Dept. State Scholarship for H. Muenher

211.91

211.91

Union Bag Company For Forestry Scholarship

133.00

2,93li.OO

2,667.00

Various Sources For Music Scholarship

1*98.67

55.02

Various Sources For Pharmacy

76.75

950.00

800.01*

Maud Warwick Fund Scholarship

250.00

250.OO

Welfare Association - Lovett Scholarship
Womans Club Scholarship

175.89 701.50

175.89 701.50

R. W. Woodruff For Forestry

83l*.l*2

360.00

$ 200.00 2,91*2 .1*1*
82.50
1*00.00
553.69 226.71
1*71*. 1*2

TOTAL GIFTS & GRANTS - SCH.

i tlO.199.SU 21,722.01 $ 21,793.96 $---------- $10,127.59

ENDOWMENT - AWARDS W. J. Bryan For Prizes J. B. Connally For Prizes Geo. D. Kitzinger For Award 1*-H Club Isaac Meinhard For Award Horace B. Russell For Prizes Cecil Will cox For Prizes
TOTAL ENDOWMENT FOR AWARDS
GIFTS - AWARDS Michael Award Jesse Sayre - for Award Student Activities - Prizes Univ. of Ga. Foundation For Bert Michael Award
TOTAL GIFTS FOR AWARDS

$ 50.1*6
21*8.82 288.61

6.11* $ 71.95 380.37

60.71 89.97 28U.58 $ 1,023*15 $_

55.00 52.50 565.96 $

I

% 500.00 $

200.00 85.30

60.00

177.28________ 15.1*2

* 1*62,58 $

575.U2 $

7.96 $
50.00 361.16 1*19.12 $

$ 1*8.61* 320.77 668.98 60.71 9l*.97 -21*. 08
3 1,169.99

500.00 $ 53.60

$
200.00 91.70

27.67_________________ 165.03

581.27 $_________ $ 1*56.73

79

Il

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
of Year

Income for Year Expenditures

Balance End of Transfers Year

TOTAL AWARDS

$ 1,1*85.73 $ 1,11*1.38 $ 1,000.39 $

$ 1,626.72

TOTAL OTHER NON-EDUCATIONAL

$ 11,991.83 $ 23,321.89 $ 23,09ii.35 $

$12,219.37

TOTAL RESTRICTED FUNDS

1 58,280.56 $558,701*. 83 $525,190.21 $1*,000.12 $88,1*95.06

I>

STATEMENT OF TRUST FUND BALANCES

For Year Ended June 30, 1953

I)

Endowment Funds

Loan Funds

Miscellaneous Funds

Balance of Princ., Beginning of Year (including Income not Transferred)
ADDITIONS Income on Investments Gifts and Grants Recoveries on Student Loans Transfers from Loan Funds Transfers from Endowment Funds Miscellaneous Transfer from Univ. of Ga. Agency Account (for Savings Acct.) TOTAL ADDITIONS

$2,363,185.01 $780,1*96.63 $ 12,670.1*8 'r

79,352.81 1,852.29
5,557.23 216.56

22,372.51 3,018.33 61*0.51*
1*,711.03
53.70

1,902.57 87.7U

750.00 1 8 7 7 7 2 0 9 " $ 30,796.11 $

1,990.3

DEDUCTIONS Notes Written Off Transfers to Other Schools Transfers to Univ. of Georgia Transfers to Loan Funds Transfers to Endowment Funds Collection Costs Fellowships, etc. Expenses of Trust Loss on Sale of Bonds Premium and Other Charges on Purchase of Bonds Other transfers (U.S. Treas.) Mis cellaneous TOTAL*DEDUCTIONS

$

$ 12,687.90 $

2,527.70

18,301.99

1,100.00

10,323.71

U,711.03

5,557.23 550.99

511.10

2,377.16 22,823.87

3,332.01

8,898.29

1,168.28 135.00

33.37

718.25

1 60,l5l.lL $ 21*,561*.W I 1 1 ,01*1.96

Balance of Principal, End of Year (Including Income'Not iransferred)

$2,390,762.76 $786,727.96 $ 3,618.83

GRAND TOTAL

$3,181,10955

80

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1953

Balance
Beginning of Year

Additions Deductions

Balance End of
Year

endowment funds
Fund for Advancement of Art
Alumni Library Aluijini Y. M. C. A. W. H. Bocock Charles H. Brand Charles McDonald Brown Henry Warren Brown William J. Bryan Prize Bernice F. Bullard Elizabeth M. Bullard A. F. Churchill Memorial Edward T* Comer Hugh Moss Comer Joe Brown Connally May E. Talmadge D. A. R. Richmond W. McCurry D. A. R. B. A. and T. N. Denmark William Stark Denmark Eugene and Harry Dodd
Philip Feingold Franklin College Mary J. Franklin Ebb W. Gallagher Memorial George R. Gilmer Harold Hirsch A. L. Hull Memorial Interfraternity Council Clyde L. Jr. and John King George D. Kitzinger Award Joseph Rucker Lamar Landscrip Francis A. Lipscomb
Emma Long Lumpkin Law School Joseph Henry Lumpkin Charles F. McCay Edmund Magers Isaac Meinhard Bert Michael Thomas E. Mitchell Thomas E. Mitchell (Univ. of Ga.) Thomas E. Mitchell (Coordinate)
Pearl Campbell Moon C. A. and H. B. T. Moon Music Scholarship George Foster Peabody Phelps - Stokes Fellowship Benjamin Z. Phillips

7,780.02 $ 11,033.96
1 3 ,1469.6)4

808.50 $ 3U0.17 U25.88

58.50 3U0.17 U25.88

$ 8,530.02 11,033.96 13,U69.6U

U09.83
1 ,19 1 .6 0
510,852.85 26,725.36 217.89
27,786.53 52,980.07 32,780.62 3 5 7 ,0 6 0 .7U
2,910.00

11.68 31.7U 15,127.31 1,118.28
6.1U 1,9UU.U2 1,661.23 2,19.U.?8
12,897.55 65.00

9.50 3 1 .7U U,108.U2 5 3 .7U
6.1U 87U.67
102.38
1,01U.67 1 0 , 065.76
U00.00

U12.21
1 ,191.60
521,871.7U 27,789.90 2U7.89 28, 856.28 5U,538.92
33.960.93 359,892.53
2.575.00

2,U65.53

75.98

U,991.77

127.20

1 , 500.00

U1.38

36,153.93 1,161.92

1 8 , 2 3 8 . 8h

U50.25

1 ,612.18

U9.13

1,086.29

30.29

118,000.00 8,853.UO

U,359.00

13U.23

5,125.00

125.00

15,130.00

U7U.13

I,

3U6.55 36.32

U19.11

8.2U

1 . 000. 00

1 2 , 500.00

835.89

I I , 790.07 U06.59

25. 000. 00

929.06

75.98 121.20
U1.38 1,161.92
362.70 3.03
U6.16 8,907.73
13U.23
U7U.13 1.31 8.U3
U28.89 U06.59 929.06

2,U65.53 U,9 9 7 .7 7 1 . 500.00
36.153.93 18,326.39
1 ,65 8 .2 8
I , 070.U2 117,9U5.67
U,359.00 5,250.00 15,130.00 1,383.56
U18.92 1 ,000.00 12,907.00
I I , 790.07
25,000.00

2U2,202.17 2,21U.39

7,307.98 6 6 .16

7,307.98
5.57

2U2,202.17 2,27U.98

608.85 30,392.16 15,690.97

16.13
l,78l.U U U83.85

3.57 1,168.51
29U.06

621.U1
31,005.09 15,880.76

281,087.95 102.79
1 ,000.00

8,055.80 2.50
26.90

6,891.31 2.50 5 5 .5U

282,252.UU
102.79 971.36

850.00 139,865.26

20.68
U,562.U1

20.68
U,U36.Ul

850.00
139,991.26

U3,U60.8U 1,728.6U 1 , 1 0 0 . 1 U

UU,089.3U

27,U70.22

9 2 1.8 6

83U. 1 6

27,557.92

2,U50.36 2,U62.75 2,165.00

7U.80 77.9U 159.33

5,99 6.53 59.33

2,519.17 2,53U .l6 2,265.00

U75.00

13.U6

21.93

U66.53

17,02U.U0 13,9U2.00

U83.22 512.66

135.U9 27.55

17,372.13 1U,U27.11

81

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)
Balance Beginning
of Year

Balance End of
Additions Deductions______ Year

ENDOWMENT FUNDS (Continued) A. W. Reed Memorial H. L. Richmond Fellowship Horace B. Russell Edwin S. Shorter Hoke Smith Memorial Martin R. Smith Prize 0. V. Smith William Terrell Berryman T. Thompson Lamar Trotti Jr. Scholarship Frances C. Tucker J. H. R. Washington Science Cecil Wilcox - Prize Cecil Wilcox - Loan
TOTAL ENDOWMENT FUNDS

$

1+,83U.97 $ 29,52ii.63

11*8.28 $ 861.58

10.10 $ 11*2.26

1*,973.15 30,21*3.95

1,913.13

55.00

55.00

1,913.13

8,970.61*

627.11

9,597.75

U.535.80

71.33

9.20

1*,597.93

3,969.7)4 62,UU3.9i+
20,130.00

98.60 81*0.56
713.65

9.37
1*36.02
713.65

1,058.97
62,81*8.1*8 20,130.00

13 ,388.59 3,i400.00

61*0.02 377.1*0

529.76
306.00

13,1*98.85 3,1+71.1*0

75,05)4.06 1 ,105.00

6,1*38.75
70.00

1*, 81*9.1*6

76,61*3.37
1 ,175.00

2,000.00

52.50

52.50

2,000.00

2,500.00

66.26

66.26

2,500.00

$2,363,185.01 $87,728.89 $60,151.11* $2,390,762.76

LOAN FUNDS 0. C. Aderhold Lucile Alexander Alpha Zeta Alumni Association Preston S. Arkwright R. and L. Arnold Atlanta Cotton Oil Company Atlanta Journal Atlanta Stockyards DuPre Barrett L. H. Beall Bibb County Dawson John D. Bolton, Jr. Memorial Charles H. Brand Mary Upshaw Broach Charles McDonald Brown Henry Warren Brown Bryan County Dawson Shepherd Bryan Bernice F. Bullard Asa Candler Charles H. Candler Carroll County Dawson Chamberlin-J ohnson-DuBose Charlton County Dawson Chatham County Dawson A. F. Churchill Memorial Citizens & Southern National Bank Class of 1926

$

$ 55U.00 $

$

551*. 00

715.77

18.87

19.18

715.I+6

1*1 6 .6)4

9.21*

.88

1*25.00

1 ,1*08.56

36.23

1.75

1,1*1*3.01*

1 ,705.33

33.13

56.11

1,682.35

217.05

5.00

222.05

509.1*1 1,636.95
175.21* 565.20

11.76
1*1.88
2.50
521*. 06

13.70 32.77
.88 27.03

507.7 1,61*6.06
176.86
1,062.23

190.95

5.26

6.31

189.87

1*58.73

10.62

1+69.35

1,005.00
836.60

17.67
3 1 .71

300.00

1,022.67 568.31*

381.92

8.75

390.67

21,621.61 1,1*68.03 5,737.00

17,3524 61*

71*2.09

11.77

287.71

1*66.15

25.70

25.70

382.01 5.22U.50

8.39 908.02

7.22 i, 221.35

383.18
1,,9 1 1 .1 7

282.28 29l*.i*6 328.26 675.79

7.12
6.69 8.39
11.57

6.09
3.05
6.09
3.28

283.31 298.10
330.56
681*. 08

165.71*

3.76

169.50

271.65

6.21*

277.6;

9.65U.2S

806.1*7 1,259.33

9,201.39

17,81*1.1*6
323.38

1*91.60 8.61*

1,300.57 13.67

17,032.1*9 318.95

82

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)
Balance Beginning of Year

Additions

Balance Deductions Year

LOAN FUNDS (Continued) Obadiah Lewis Cloud Mrs* J. H. Cloudman Cobb County Dawson W. 0. Collins Scholarship Columbia County Dawson Edward T. Comer Elijah Clarke D. A. R. D. A. R. Memorial May E. Talmadge D* A. R. Richard W. McCarry D. A. R. Lila N. Jelks D* A. R. Edgar Gilmer Dawson DeKalb County Dawson William Stark Denmark Eugene & Harry Dodd Druid Hills Methodist Memorial J. C* Dukes - Home Economics J. C. Dukes - Agriculture J* C. Dukes - Bus* Adm. Early County Dawson Elbert County Dawson Epsilon Sigma Pi Exchange Club of Atlanta W. W. Findley Lucy H* Fischer Charles W. Ford Forestry U-H Club Freshman Y Commission Fulton County Dawson Georgia A* & W. P. Railroad Georgia Bankers Association Georgia Power Company Girls Canning Club Glynn County Dawson Grady County Dawson Hall County Dawson Hancock County Dawson James Coffey Harris Frank Hawkins A. L. Hull Memorial James H. Hunt Jasper County Dawson Mrs. Graham Johnson Bess D* Jones Sallie Maude Jones Junior League, Atlanta J. B. Keough

5,316.21 $ 121.U3 $

5.26 $

352.78

8.3U

1.53

273.56

7.12

6.09

2U.00

Ui.57

.8U

1.53

6 2 ,836.91t 2,U92.63
13,230.39 1,656.U8

6 2 .3U U01.07
12U.07

1,806.9U 1 7 6 .U9 60.98 13.50

#7.89

U1.38

675.03

15.00

.88

331,886.07 12,087.71 1,U28.13

7 0 6 .OU

3 8 .3U

8U.91

795.00

600.00

51.99 182.65 1,359.69

U.63 31.8 8

51.99 6.09 .88

1,603.12

37.50

1,357.57

31.86

.88

102.07

U.12

6.09

768.65

17.13

6.09

81.37

1.26

302.13 3,366.U9

5.08 209.21

2.U1 218,08

1,352.76

U6.7U

918.55

1U.17

3.93

1,106.38

19.26

2.278.23

1U6.66

111.21

?5.77

625.U3 612.95
1U,931.39 11,161.39

1U.58 1 3 .UO U35.56 288.50

1.53 10.62 UoU.56 5 20.3U

U,589.61

129.57

192.77

265.07

5.8U

1.53

305.93 713.87

8.22 16.25

1U.35 7.87

57U.57

1 3 .3U

1.53

75U.9U

1 7 .2U

lj.6U.93

1 0 .8U

6.53

18.08

123,797.20 307.77

3,915.01 2.71

57.80 8.00

U56.05

11.27

U.83

3 0 6 .UO

7.15

6.U7

3,512.50 1,228.32 l,125.UO

302.65

3.26

278.55

6.2U

5,U32.38 359.59 27U.59 2U.00 U3.88
61,030.00 2,378.U8
13,570.U8 1,767.05 599.27 689.15
3U2,5U5.65 659.U7 195.00
181.19 1,390.69 1,6U0.62
1,388.55 100.10 779.69 82.63 30U.80
3,357.62 1,399.50
928.79 1,125.6U 2,313.68
95.77 6 38 .U8 615.73 1U,962.39 10,929*55 U,526.U1 269.38 299.80
722.25 # 6.38 772.18 U69.2U
18.08 127,65U.U1
3 0 2 . U8 U62.U9 3 0 7 .O8 3,615.U2
3 0 5 .9 1 28U.79

83

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)
Balance Beginning
of Year

Additions

Deductions

Balance 2nd of Year

LOAN FUNDS (Continued) Clyde L., Jr. & John King Kirkwood P. T. A. Joseph Rucker Lamar Landscape Architecture F. E. Lanier Laurens County Dawson Frances A. Lipscomb Arthur Lucas Joseph H. Lumpkin McIntosh County Dawson Macon County Dawson Mr. and Mrs. T. 0. Marshall R. H. Martin Meriwether County Dawson Moina Michael Thomas E. Mitchell - Georgia Thomas E. Mitchell - Coordinate Moon Muscogee County Dawson R. C. Neely C. T. Nunnally Hubert Owens Scholarship J. Carroll Payne Phi Delta Phi B. Z. Phillips Law J. T. Pittard Memorial Bertha Rich Richmond County Dawson - Boys Richmond County Dawson - Girls E. Rivers Rockdale County Dawson James D. Robinson S. D. V. Fraternity Sale City Dawson Savannah District Dawson John D. Simmons Hoke Smith State Home Demonstration Students Student VeteransMark Sullivan Sumter County Dawson Boys Sumter County Dawson Girls Tattnall County Dawson Telfair County Dawson Thomas County Dawson Berryman T. Thompson Meldrim Thompson Max B. Thurmond Memorial Toombs County Dawson

$ 1 ,176.15 $

$ 1*029.27 $

11+6.88

320.39

5.1+5

3.1+3

322.1+1

6,050.31+

909.56

6,959.90

795.56

33.69

25.1+7

803.78

1+3.31

1+3.31

1+95.85

9.63

18.93

1+86.55

116.15
152.22

3.57

116.15
3.05

152.71+

620.28 2,21+7.1+7
985.36

50.36
20.13

51.73 63.39 20.58

568.55
2,23l+.i+i+
98+.9I

1,126.72 265.29

20.85
6.05

1.75
3.05

1,11+5.82 268.29

318.92

5.00

.38

353.51+

623.91+

18.92

31.61+

611.22

9,98i+.27

1,866.02

1,361+. 50

10,1+85.79

19,552.1+7 1+0.00

1,196.53

2,1+17.70

18,331.30 1+0.00

607.39 619,1+9

11+.61 17.22

6.1+7 28.71

615.53 608.00

170.67 901.58

2.50 71.00 20.66

32.13

173.17
71.00
89O.II

52.03 83l+. 81+ 1+15.00

19.31

.66
82.38

51.37 771.77
I+1 5 .OO

156.05

2.71+

158.79

1,588.09

1+1*.83

75.96

1,556.96

1,221+. 73

27.68

16.00

1,236.1+1

281+.98 396.52

7.13 6.26

6.31+

285.77 1+02.78

273.28

6.21+

279.52

165.53

3.76

169.29

1,120.08 279.21

27.80 6.69

37.60
3.05

1,110.28 28285

231.37
602.50
986.63

5.00 16.76 21.73

25.51+
38.I+I+

236.37 593.72 969.92

1,703.68

27.83

1+7.00

1,681+. 51

617.72

8.37

.97

625.12

179.66

2.1+8

182.11+

2,761.26

66.1+9

107.70

2,720.05

1,828.01

1+6.1+7

1+1.15

1,833.33

1+18.81+

7.76

12.82

1+13.78

10.00

10.00

220.68

5.00

225.68

7,201.26

123.88

110.26

7,211+.88

258.77 1,000.00
217.50

8.86
500.OO 2.50

100.00

267.63 1,500.00
120.00

84

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)
Balance Beginning
of Year

Additions

Balance Beginning Deductions of Year

LOAN FUNDS (Continued) Frances C. Tucker Leila Bates Tye U. S. Government Ware County Dawson Washington County Dawson Louis Wellhouse Memorial C. P. Whitehead Whitfield County Dawson Cecil Willcox Robert Woodruff Ida Young
TOTAL LOAN FUNDS
MISCELLANEOUS FUNDS Georgia U-H Foundation Georgia U-H Club -- Mills Bee Lane Georgia I4 -H Club - Negro Camp Georgia U-H Club - Rock Eagle Georgia I4-H Club - U. of Ga. Home
TOTAL MISCELLANEOUS FUNDS

$

29,266.77 $ 1,266.39 $ 1 ,5 9 1 .5 7 $

1,129.07

32.9k

97.1a

28,9141.99
1 ,10 0 .6 0

U81.02 272.98

9.02 9.89

139.00 6.U7

399.OU 272.UO

380.16

7.76

12.69

379.23

1,U27.86
1,068.149 981.83 391.77 97.UU

98.90
29.9I4 12 .3 6 66.26
9.88

79.71
UU.71
196.72

1,1451.09 1,093.72
9914.19
I4I8 .0 3 366.60

U,96l4.38

113.57

IOI4 .8 O

14,973.15

$ 780,1496.63 $31,602.03 $29,370.70 $ 786,727.96

$

2,288.39 $ 1,837.7k $ 718.29 $

I4O .99

70.00

10,171.lU

152.57 10,323.71

100.00

3,U07.8U U0.99 70.00
100.00

$ 12,670.U8 $ 1,990*31 $ll,OU-.96__{---- 3;618.83

85

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1953

Book Value

Market Value

ENDOWMENT FUNDS

Bonds, U. S. Treasury

!

Bonds, State & Municipal

Bonds, State Hospital Authority

Bonds, Univ. System Bldg. Authority

Stocks, Common

Real Estate - Atlanta

Real Estate - Athens

Loans on Univ. of Ga. Bldgs.

Loans on Fraternity Homes

Loans - Clarke Howell Wings

Loans - Milledge Annex Wings

Savings Account - Federal Sav. & Loan

Amortization of Loss on Sale of Bonds

821,800.00 11*1*000.00 113,625.00 ^06,700.00
20,301*.65
21*, 500.00
11,1*00.00 215,530.71*
30,61*9.36 273,733.88 261*, 81*6.52
750.00
7

782,51a.70
1*1*, 2 5 8 .0 0 113, 750.00
50U, 221*.50
2l*,29l*.50
89, 500.00 25, 000.00
215,530.71* 30,61*9.36
273,733.88 261*, 81*6.52
759.37

TOTAL ENDOWMENT FUNDS

*2,1(314,271.95 *2,378,520.37

STUDENT LOAN & MISCELLANEOUS FUNDS Bonds, U. S. Treasury Bonds, State Hospital Bonds, Univ. System Bldg. Authority Stocks, Common Loans on Univ. of Ga. Buildings Loans on Fraternity Homes Loans - Clarke Howell Wings Loans - Milledge Annex Wings Loan - North Georgia College Loan - Georgia State. College Loan - H. H. Hinton Property Notes Receivable - Students Loan - Catholic Student Center

$ 118,380.00 1*1,375.00 1*3,300.00 1.00
120,61*2.80 86,5H*. 62 338.20 85,1*38.66 31*,363.92 23,991.88
12,726.91 100,105.57
. 13,069.67

$ 113,266.35 1(1,375.00 1*2,650.50
120,61*2.80 86, 511*.62 338.20 85,1*38.66 31*, 363.92 23,991.88 12,729.61
100,105.57 13,069.67

TOTAL STUDENT LOAN & MISC. FUNDS $ 680,21*8.23 $ 671*,1*86.78

TOTAL TRUST FUND INVESTMENTS

$3,111*,520.18 $3,053,007.15

86

DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1953

Rate of Maturity

Interest Date

Book Value

Market Value

STATE & MUNICIPAL BONDS

Atlanta, City of

I#

Columbus, City of

u fo

Muscogee, County of

lift

Muscogee, County of

i*ft

Savannah, City of

3%

Savannah, City of

ufg

Savannah, City of

u fo

Georgia, State of -

Constitutional Debt

TOTAL STATE & MUNICIPAL BONDS

7-1-56 9-1-5U U-l-55 lt-l-56 12-15-59 8-1-55 8-1-59

$ 1,000.00 $ 1,065.00

5,000.00

5,158.00

U,000.00

U,170.00

2,000.00

2,110.00

1,000.00

i,ouo.oo

1 ,000.00

1,015.00

27,000.00

29,700.00

100,000.00

$ 11+1,000.00 $ Ut, 258.00

U. S. TREASURY BONDS U. S. Treas. - Series F U. S. Treas. - Series F U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F
U. S. Treas. - Series F
U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series G U. S. Treas. - Series G U. S. Treas. - Series F U. S. Treas. - Series F U. S. Treas. - Series G U. S. Treas. - Series G U. S. Treas. - Series G

2.53* 2.53* 2.53*
2i%
2.53g
2g
2.53g

6-1-55 7-1-55 10-1-55 u-l-55 n-i-55
1 -1-56
2-1-56

$ 1 ,000.00 1 ,325.00 200.00 52,000.00 50.00 39,150.00 50.00

2.53*

U-l-56

1,800.00

2,53*
2fo
2g

6-1-56 6-1-56 7-1-56

350.00
37,000.00 10,850.00

2.53g

7-1-56

200.00

Z\%

12-1-56

33,825.00

2.93g 12-1-56

1,000.00

24* 2.53g

1-1-57 2-1-57

1,000.00
38,100.00

2.93g

5-1-57

175.00

2>

6-1-57

1,200.00

2.93g

6-1-57

100.00

2jg
. 2.93g 2jg 2g
zh
2.93g

6-1-57 8-1-57 8-1-57 2-1-58 7-1-58 10-1-59

iu,255.00
50.00 500.00 500.00 U07,750.00 7U0.00

2.93g

12-1-60

7U0.00

2ig

6-1-61

100,000.00

2g

3-1-61

2|g 12-15-72-67

75,390.00
2,500.00

TOTAL . S. TREASURY BONDS

$ 821,800.00

900.00 1,175.27
182.60 50,1*U0.00
UI4.36 37,975.50
1*3.70 1.573.20
305.90 35.779.00
10,1*26.85
172.20 32,607.30
961.00
961.00 32,308.80
11*8. 1*0 1.153.20
83.1*8 13,727.56
1*1.71* 1*79.00 1*77.50 389,1*01.25 970.00
.967.00
95 100.00 71,695.89
2, 1*1*0 .00
782,51*1.70

87

DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1953

Rate of Maturity

Interest

Date

Book Value

Market Value

STATE HOSPITAL AUTHORITY

REVENUE BONDS

h

it

ti

n

3i$>
3#
3%

TOTAL STATE HOSPITAL AUTH. REV. BONDS

U-l-61 U-l-62 U-l-66

$ 50,000.00
50,000.00 13,625.00
$ 113,625.00

$ 50,250.00 U9,875.00 13,625.00
$ 113,750.00

UNIV. SYSTEM BUILDING

AUTHORITY REVENUE BONDS

SERIES 1953

it

it

ti

it

ti

it

it

ti

it

ti

it

it

h

ti

it

it

h

it

it

it

3ft 3ft 3 ft 3ft 3# 3& 3& 3&
3f>
3&
3U

TOTAL UNIV. SYSTEM BLDG. AUTH. BONDS

5-1-66 5-1-67 5-1-7U 5-1-75 5-1-76
5-1-77 5-1-78 5-1-79 5-1-80 5-1-81 5-1-82

$ 125,000.00 125,000.00 30,000.00 30,000.00
30,000.00
30,000.00 30,000.00
30,000.00
30,000.00 28,700.00 18,000.00
$ 506,700.00

$ 125,625.00 125,000.00 29,700.00 29,700.00 29,700.00 29,700.00 29,700.00 29,550.00 29,550.00 28,269.50 17,730.00
$ 50U.22U.50

TOTAL BONDS

$1,583,125.00
DETAIL OF ENDOWMENT FUNDS - COMMON STOCKS For Year Ended June 30, 1953

$1,UUU,77U.20

Book Value Market Value

COMMON STOCKS

Amer. Telephone & Telegraph Co. 9U shares

Blanchard and Booth

\ share

Land Company of Florida

5 shares

Perkins Hosiery Mills

96 shares

General Motors Corporation

50 shares

Socony-Vacuum Oil Company, Inc. I30 shares

United Steel Corporation

60 shares

$11,188.20 1.00 1.00 1.00
2,501.60 3,819.29 2,792.56

$1U,UU0.75 - 0.-0-0-
2,993.75 U,550.00 2,310.00

TOTAL COMMON STOCKS

$20,30U.65 $2U,29U.50

88

DETAIL OF LOAN FUNDS - BONDS For Year Ended June 30, 1953

Rate of Maturity Interest Date

U. S. TREASURY BONDS U. S. Treas.- Series G U. S. Treas.- Series G U. S. Treas.- Series G U. S. Treas.- Series G U. S. Treas.- Series F U. S. Treas.- Series G U. S. Treas.- Series G U. S. Treas.- Series G

2h%
2% 2f$
2%%
2.53$ 2$6
2%%
2f$

11-1-55 1-1-56
7-1-56 12-1-56
2-1-57
6-1-57 7-1-58 3-1-61

TOTAL U. S. TREASURY BONDS

STATE HOSPITAL AUTHORITY REVENUE BONDS
"

3t$

U-l-65

3if

U-l-66

TOTALSTATEHOSPITAL AUTHORITY

UNIT. SYSTEM BLDG. AUTHORITY

REVENUE BONDS -SERIES 1953

n

it

n

it

it n

n

n

3|$ 3p

5-1-81 5-1-82 5-1-83

TOTAL UNIV. SYSTEM BLDG. AUTH. REV. BONDS

TOTAL BONDS

Book Value

Market Value

$ 38,000.00 850.00
iu ,150.00 9 ,1 7 5 .0 0 U ,9 0 0 .0 0
10,7U 5.00 1 5 ,9 5 0 .0 0 2U ,6l0.00
$118,380.00

$ 36,860.00 8 2 U .5 0
1 3 ,5 9 8 .1 5 8,8U U .70 U,1 5 5 .2 0
10,3U7.UU 1 5 ,2 3 2 .2 5 23.U 0U .ll
$113,266.35

$ 15,000.00 26,375*00

$ 15,000.00 26,375.00

$ 1,300.00 12,000.00 30,000*00
$ U3,300.00
$203,055.00

$ 1,280.50 11,820.00 29,550.00
$ 1*2,650.50
$197,291.85

DETAIL OF LOAN FUNDS - COMMON STOCK For Year Ended June 30, 1953

COMMON STOCK Pittsburg Placer Gold Mine Co.
TOTAL COMMON STOCK

200 shares

Book Value

Market Value

$ 1 .0 0 ________$ - 9 $ 1.00__________ $ - 0 -

89

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS For Year Ended June 30, 1953

Endowment Funds

Miscellaneous

Loan Funds

Funds

Totals

RECEIPTS INVESTMENTS REALIZED Bonds Loan - Univ. of Ga. Bldgs. Loan - Clarke Howell Wings Loan - Milledge Annex Wings Loans - Fraternity Homes Loan - H. H. Hinton Property Loan - North Georgia College Loan - Georgia State College Loan - Catholic Student Center Student Loans Savings Account Closed Out
TOTAL INVESTMENTS REALIZED

$61*2,800.00 $108,300.00 $
21*,87UU6 16,551.59

$ 751,100.00 1*1,1*26.05

6,059.37 5,851.76 2,100.61*

7.1*8 1,887.76 2,81*3.1*2

6,066.85
7,739.52
l*,9i*l*.06

1*22.81*

1*22.81*

930.91 2,1*82.21*

930.91 2,1*82.21*

1*30.33

1*30.33

30,795.05

30,795.05

10,323.71

10,323.71

$681,686.23 $161*,651.62 $10,323.71 $ 856,661.56

INCOME FROM TRUSTS Interest on Bonds Interest - Loan, Univ. of Ga. Bldgs. Interest - Clarke Howell Wings Interest - Loan, Milledge Annex Wings Interest - Loan, Fraternity Homes Interest - Loan, H. H. Hinton Property Interest - Loan, North Georgia College Interest - Loan, Georgia State College Interest - Loan, Catholic Study Center Dividends on Stocks Rents Interest - Student Loans Interest - Savings Account
TOTAL INCOME FROM TRUSTS

$ li9,163.59 $ 5,261.82 $

$

7,212.17 8,393.81

1*,115.81
10.36

8,120.98

2,619.76

1,1473.75

1*,006.79 327.16

1,058.81*
1 ,551.76

607.50

1,1*56.00

3,532.51

21*0.50 2,572.21

1,750.00
152.57

514,1425.141
11,327.98
8,1*01*.17
10,71*0.71*
5,1*80.51* 327.16
1,058.81*
1 ,551.76
607.50 1,1*56.00
5,523.01
2,572.21
152.57

* 79,352.81 * 22,372.51 $ 1,902.57 $ 103,627.89

FUND TRANSFERS To From
NET TRANSFERS
MISCELLANEOUS Gifts Recoveries Miscellaneous
TOTAL MISCELLANEOUS
TOTAL RECEIPTS Cash Balance July 1, 1952
TOTAL RECEIPTS AND CASH BALANCE

1 5,557.23 * 4,711.03 $

l*,7n.03

5,557.23

$ 81*6.20 $ -81*6.20 $

$ 10,266.26 10,268.26
$

$ 1,852.29 * 3,018.33 $

61*0,51*

216.^6

53.70

$
87.7U

1*,870.62 61*0.51* 358.00

$ 2,068.85 * 3,712.57 $ 87.71* $ 5,869.16

$763,95^.09 $189,890.50 *12 ,3114.02 $ 966,158.61

-17,221.18 109,901.28

2.1499.3U

95.179.i4i4

*7146,732.91 299,791.78 *114,813.3* $1,061,338.05

90

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (Continued)

Endowment Funds

Miscellaneous

Loan Funds

Funds

Totals

DISBURSEMENTS INVESTMENTS Bonds Stocks Loans - Fraternities Loan - Catholic Student Center Loss and Charges on Sale and Purchase of Bonds (to be amortized) Student Loans

$713,325.00 1,01*5.19
1 1 ,000.00
9,1*31.80

$113,775.00 $
1 5 ,000.00 13,500.00
32,029.50

TOTAL INVESTMENTS

$73h,801.99 $171*,301*.50 $

$ 827,100.00
1,01*5.19
26,000.00 1 3 ,500.00 9,1*31.80
32,029.50
$ 909,106.1*9

EXPENSES OF TRUST Salary of Trustees Repairs and Insurance Fellowships Collections Costs Transfers to University of Georgia Transfers to Other Schools Transfers - Other Charge Offs - Student Loans Premiums & Charges on Bonds Loss on Sales of Bonds Miscellaneous
TOTAL EXPENSES OF TRUST
TOTAL DISBURSEMENTS
Cash Balance June 30, 1953
TOTAL DISBURSEMENTS AND CASH BALANCE

$ 900.00 $ 1 ,1*39.16 511.10

$

$

18,301.99 2,527.70

550.99
1 ,100.00 135.00

10,323.71 152.57

8,898.29 22,823.87
38.00

12,687.90
1 ,168.28
3,332.01
33.37

718.25

900.00
1,1*39.16 511.10 550.99
19,1*01.99 12,851.1*1
287.57 12,687.90 10,066.57
26,155.88
789.62

$ 55,1*1*0.11 * 19.007.55 $11,191*. 53 $ 85,61*2.19

$790,21*2.10 $193,312.05 $11,191*. 53 $ 991*,71*8.68

#-U3,509.19 $106,1*79.73 $ 3,618.83 $ 66,589.37

$71*6,732.91 $299,791.78 $11*,813.36 $1,061,338.05

CURRENT FUNDS General Restricted - General Auxiliary General Extension
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Miscellaneous Endowment Loan
TOTAL TRUST FUNDS
TOTALS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

Cash Balance uu

Cash Balance
uxsuursemenus 01L U K 5

$ 387,1+1+9.82 $3,237,152.70 $3,305,211.39 11 319,391.13

58,980.56

556,701+. 83

529,190.33

88,1+95.06

217,1+65.35 1,089,31+6.11 1,061,373.79

21+5,1+37.67

1+3,131+.95

317,150.03

325,521.88

3l+, 763.10

$ 707,030.68 $5,202,353.67 $5,221,297.39 i$ 688,086.96

$ 291,1+90.00 $1,11+8,050.00 $1,121+, 71+3.83 311+,796.17

$ 773,1+09.58 $ 959,339.11+ $ 811,955.81 J 920,792.91

$ 2,1+99.31+ $ 12,3H+. 02 $ ll,19l+. 53 1t 3,618.83

-17,221.18

786,502.21

812,790.22

- 1+3,509.19

109,901.28

182,873.73

186,295.28

106,1+79.73

$ 95,179.1+1+ $ 981,689.96 $1,010,280.03 !* 66,589.37

$1,667,109.70 $8,291,1+32.77 $8,168,277.06 $1,990,265.1+1

SUMMARY Cash and Cash Balances General Restricted, Auxiliary, Plant, General Extension and Agency Citizens & Southern National Bank, Athens National Bank of Athens Cash on Hand
Trust Funds National Bank of Athens Citizens & Southern National Bank, Atlanta Cash on Hand
TOTAL

$ 1+50,000.00
1 ,1+62,SOU. 39
11,171.65 $1,923,676.01+

$ 60,11+0.66
1+,1+03.36 2,01+5.35

66,569.37

$1,990,265.1+1

92

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Alpha Gamma Rho Alpha Phi Omega Alpha Tau Omega Alumni Society Art Auction Art Exhibit Atlanta Constitution Bacteriology Breakage Tap Bennett Portrait Breakage - General Bureau Business Research Chemistry Breakage Commemorative Plates Community Concert Commutations Delta Kappa Gamma Demonstration School Cafe Displaced Persons Education Workshop Employees Retirement Experimental Forestry Faculty Flowers Family Life Conference -Farm Short Course Federal Housing Project Foreign Student Fund Foreign Tours Forestry Camp Founders Memorial Garden G.E.B. Southern Educational Film G.O.P. Social Fund G-10 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 - Scientific M.S.A. Short Course Mexico Travel Military Deposits Model Fee
Movie Project

Gash Balance July 1,1952

Receipts Disbursements Cash Balance For Year______For Year______ June 30,1953

$ 380.92 50.00
357.50 l,U96.6l
5.39
215.00 121.10
9.00
9,805.21 5a. 91
10,395.92 679.17 286.63
3U,766.7U
2,012.69
183.68
350.98
139.58 82*67
8,918.36
1.1*5 1,130*1*5
115.81*
70.66-
-36.1*5
6,80l*.0l
11.01 150.00 128.66
60.00
11*,925.99 905.08 71*0.60 902.89
2,39l*.10 27U.07
7,101.01* 181*. 02 3U. 71*
-773.00
36,586.1*2 7.31
1,307.05

$ 2,080.80
2 ,15 5 .0 0 1*,125.0 0 3,5 55.7 6
199.99
217.9 6
9 ,17 6 .2 5
5,726 .6 9 17 5 .3 5
6 ,8 8 0 .9 9 1* 7 ,8 9 2 .8 7
7 5 0 .0 0 25,71*3.27
2 ,1* 2 0 .0 0 2,20 6 .0 2 3,11*1.6 2
90.91* 3 7 5 .0 0 1,1*0 3.75 2 ,9 0 5 .0 0 201.1*1*
6 2 0 .0 0 18 0 .0 0 37 ,9 12 .6 6
3 6 .1* 5
716 .00 1* 1,3 5 6 .8 2
1*00.00 13,2 7 3.7 5
1,5 32 .7 6 5 ,6 9 9 .2 0 6 ,6 8 8 ,9 1* 6 1,5 12 .6 0
799.99
5,2 33.9 5 5 9 5 .6 9
10 6,288.71* 2 6 2 .0 0
2 ,8 0 0 .0 0

$ 1,5 12 .5 5
l , 2 1 h . 52 a,U 82.50 a , 298.75
2 0 5 .2 0
16 a.as
7,9 23.9 a
9h9.Qh
7 0 .0 2 8 ,16 0 .0 5 a 9 ,323.68
7 a 5 .2 5 2 5 ,8 8 2 .6 9
7 5 a .93
2,aao.oo
2,21*5.9 0 2 ,8 6 8 .5 3
6 0 .6 9 32 1.7 5 a i9 .2 a
6 9 .a 2 i.a 5
6 8 9 .8 0 2 3 7 .as 3 a ,0 5 a .70
5 1.11
7 7 6 .0 0 a i,o i2 .a 9
10 ,2 10 .0 8 1,8 16 .0 8 a,5U 2.28 6 ,777.9 8
6 8 ,0 27.6 a 7 8 5 .9 6 3 a .7 a
5,6 20 .a3 5 9 5 .6 9
10 5,532 .36 2 5 5 .5 0
2,a9 7.8 6

$ 91*9.17 5 0 .0 0
9ao.a8
753.62 .18
215.0 0 17 a .58
9 .0 0 11,0 5 7 .5 2
54.91 15 ,17 2 .7 7
78 a.50 -9 9 2.a3 33,335.9 3
a .7 5 1,8 7 3 .2 7
- 7 5 a .93
ia 3.8 0 6 2 a .0 7
30 .25 19 2.8 3 1,0 6 7 .18 11,8 2 3.3 6 132.0 2
1,0 6 0 .6 5 5 8 .3 6
3,9 28 .6 2
6 ,752.9 0 11.0 1
150 .0 0 128 .6 6
15 ,2 7 0 .3 2 1,3 0 5 .0 8 3,8 o a.27 6 19 .57 3,5 5 1.0 2 18 5 .0 3 5 8 6 .0 0 19 8 .05
-1,159 .1*8
37,31*2.80 13 .8 1
1,6 0 9 .19

93

STATEMENT OF AGENCY FUNDS (Cont'd)
Music Pegis Club PhD Thesis Phi Epsilon Pi Phi Kappa Phi Physics Breakage Pi^K.A. Pi Kappa Phi Portrait Account President's Reception Public Occasions Religious Activities Rsv. Red & Black Rome Off-Campus Sales Tax - Animal HusbandrySales Tax - Creamery Sales Tax - Dining Halls Sales Tax - Exper. ForestrySales Tax - Hort. Sales Tax - Meat Curing Sales Tax - Poultry Sales Tax - Press Sales Tax - Printing Sales Tax - Student Union Sales Tax - University Stores Shorter Fund Sigma Delta Tau Si gma Nu House Sigma Pi Sou. Reg. Poultry Breeding Project State Home Demonstration Student Activities - General Student Clubs Student-Faculty Teas Student Fund - Dean's Office Student Fund for Men
Student Fund for Women Student Papers Student Union Study of Georgia Negro Towel Deposit Traffic Fine Typing Vet. Thesis Unallocated - Stu. A.ct. Uniform Testing Proc. University Band Vending Machine Vet. Reader Service Vet .Hygiene Breakage Vet. Medicine Library Vocational Rehabilitation

Cash Balance

Receipt

July 1,1952______ For Year

Disbursements For Year

$ll*,5ii*.60
11*1 . 6 1 350.00
1*01.98
1,123.11* 501.17 866.00 197.20 1.00
2,083.02 lt,9U3.02
1.11 1*7.1*9 26.51
1.21 8.25 290.91*
.oi* 9.01 l*.li 6.57 29.97 252.20
1,31*7.79 211.9l*
18.31* 1*1*,660.27
109.00 95.00
910.13 211.22 1*,000.32 272.81 175.00 728.58 1,1*58.07 -2,993.81 1*33.3)4
.09 63.89 212.5U 10.31 126.33 187.20 31*5.65

$13,229.76
200.00 2,31*7.00
1*9)*. 50 1*1.61*
2,929.00 1,882.00
1,096.07 5,85h.80
10.00 3.51*
2,577.15 13.89 21.58
103.67 972.1*1*
103.03 36.93
200.98 6,256.67
300.00
1,050.00 5,027.29
120.86 510.00 168.30 10l*,361*.31 1,875.00
33.95 61*5.00
651*. 00
6*50.00 20,31*5.00
18,766.18
19.00 3,058.13 3,663.20
250.00
1*,353.32
162.63 110.00
77.50

$13,305.32 139.85
1,632.00 1*91*.50 1.05
2,808.91*
2,71*8.00
15.00 i*.00
1,096.07 5,978.17
87.1*1 10.00
U.33 2,557.62
28.75 21.25 99.71* 1,039.19
71* .1*2 35.96 196.50 6,191.78 372.1*9 1,153.11*
1*,662.08
33U.56
175.11 102,778.08
1,875.00 61*. 70
561.68 822.00 721.83 20,305.00 17,008.06
71*7.58 3,81*3.52 1,209.19
250.00 .09
1*,585.18
10.31 131.35
77.50

Cash Balance June 30 1953
$11*,1*39.01*
1.76
550.00 1,116.98
1,163.73 621.23
182.20
1,959.65 1*,855.61
32 67.02 11.65
1.51*
12.18
22U.19 .01*
37.62
5.08
11.05 9U.86 179.71 -103.iU 1,713.00 -1.76 510.00 11.53 1*6,21*6.50 109.00 61*. 25 83.32 71*2.13 139.39 1*,01*0.32 2,030.93 175.00
672.68 -539.80
1*33.31*
-167.97 212.51*
157.61 297.20 31*5.65

94

STATEMENT OF AGENCY FUNDS (Cont'd)
Waycross Off-Campus White House Conference Workshop -kmchroom
Sub-Total Registration Deposits Retirement Social Security Withholding Tax
TOTALS

Cash Balance July 1,1952

Receipts For Year

Disbursernents Cash Balance

E'er Year

June 30,1953

$ 59.75
159.71
$ 221M .62

$

1*0.00

820.23

$612,771.80

4

1*0.00

828.26

$598,71*0.12

if 59.75
1,1.68
$235,976.30

$ 3,765.00 18,100.68
1*7,679.70

$ 137,180.52 2,759.11 395,338.57

$ 3,765.00 13U,581.53
387,657.18

$ 20,699.67 2,759.11 55,361.09

$ 291,1*90.00 $1,11*8,050.00 $1,121*,71*3.83 $311*,796.17

STATEMENT OF UNEXPENDED PLAINT FUNDS Foi Year Ended June 30, 1953

-- Plant;-----------Debt"----------------

Additions

Service

Total

BALANCE, BEGINNING OF YEAR
ADDITIONS: GOVERNMENTAL APPROPRIATIONS State of Georgia - Board of Regents
OTHER INCOME Sale of Coordinate Campus and Buildings Sale of 1* acres Whitehall Land University System Bldg. Auth. Refund of Architect Fees Rents

$773,1*08.77 $
$197,699.1*1 $
$1*50,000.00 $
1,105.00 35,358.30
5,102.96

.81 $773,1*09.58
$197,699.1*1
$1*50,000.00 1,105.00
35,358.30 5,102.96

TOTAL OTHER INCOME
TRANSFERS FROM EDUCATIONAL AND GENERAL For American Legion Property For Poultry Disease Building For Sheep Barn For Gilbert Memorial Hospital - Rent For Gas Mains For Costa Building For Grounds and Walks For Heating System For Pastures and Fences For Paving Parking Lots For Repairs Other
TOTAL TRANSFERS FROM GENERAL FUNDS
TRANSFERS FROM COLLEGE EXP. STATION For Sheep Barn

$1*91,566.26 $

$1*91,566.26

$ 77,000.00 $

$ 77,000.00

1*,000.00

1*,000.00

3,01*5.00 19,000.00

5.000. 00

3,01*5.00

5.000. 00

19.000.

00

2,500.00 7.000. 00 6,955.00

3.000. 00

3.000. 00
2.500.00 7.000. 00 6.955.00

6.000. 00 56,000.00

6.000. 00

56.000.

00

$181,500.00 $ 8,000.00 $189,500.00

$ 2,000.00

$ 2,000.00

95

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

Plant Additions

Debt Service

Total

TRANSFERS FROM AUXILIARY ENTERPRISES

For Rent - Dorms, and Dining Halls - Gen.

$

TOTAL ADDITIONS

$872,765.67

DEDUCTIONS: LAND Wood and Fleming Property 120 Acres

$ 13,666.50

BUILDINGS AND ADDITIONS TO BUILDINGS Architects' Fees Aeck Associates - Memorial Hall Heery & Heery - Stegeman Hall Gerald L. Bilbre - Ga. Exp. Station Law, Barrow & Acree - Ga. Exp. Station Stevens & Wilkerson - Demonstration School
898 Lumpkin Street - South
32i* Lumpkin Street - South 590 Lumpkin Street - South 320 Lumpkin Street - South 1321* Lumpkin Street - South Poultry Disease Building Print Shop Thomas W. Reed Hall Sheep Barn Veterinary Medicine Bldg. - To Complete

$ 6,555.00
3,000.00
1*,062.1*5
819.38 13 ,012.60 1 1 ,116.18
1*,930.92
91.15 1,1*58.11*
109.97 3,573.99
703.09
5,790.33 1*, 786.75
320,717.69

TOTAL BUILDINGS AND ADDITIONS

$380,727.6U

IMPROVEMENTS OTHER THAN BUILDINGS Gas Mains Grounds and Walks Heating System - Central Pastures and Fences Paving Parking Lots Tennis Courts

$ 16,191.03 21*, 881.20 U1,1i99.27
6,91*2.20
9,385.77 U5U.U9

TOTAL IMP. OTHER THAN BLDGS.

$ 99,353.96

EQUIPMENT Baldwin Hall Library Heating System - Academic Building Pharmacy Stokers

$ 967.93
13,979.77
5,881*. 90
7 .5 5 2,319.1*0

TOTAL EQUIPMENT

* 23,159.55

TOTAL EXPENDITURES FOR PLANT ADDITIONS

$516,907.65

$ 78,573.1*7 $ 78,573.1*7
$ 86,573.1*7 $959,339.11*
$ 13,666.50
$ 6,555.00
3,000.00
1*, 062.1*5 819.38
13,012.60 11,116.18
U,930.92 91.15
1,1*58.11* 109.97
3,573.99
703.09
5,790.33 1*,786.75 320,717.69
$380,727.61*
$ 16,191.03 21*, 881.20 la,1*99.27 6,91*2.20 9,385.77 1*51*. 1*9
$ 99,353.96
$ 967.93 13,979.77 5,881*. 90 7 .5 5 2,319.1*0
$ 23,159.55
$516,907.65

96

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

REPAIRS (Not Capitalized) Other Fire Hazards - State Barracks - Auxiliary Poultry Buildings
TOTAL REPAIRS
DEBT SERVICE RETIRED (Not Capitalized) Costa Building General Dorms and Din, Halls - Rent Gilbert Memorial Hospital - Rent
TOTAL DEBT SERVICE
TOTAL EXPENDITURES (Not Capitalized)
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Plant Additions

Debt Service

Total

$ 31,335.71* 168,751*. 76 935.30 7,1*1*8.89
$208,1*7*1.69

$ 31,335.71* 168,751*. 76 935.30 7,1*1*8.89
$208,1*71*.69

$
$
$208,1*71*. 69
$725,382.31* $920,792.10

$ 3,000.00 78,573.1*7 5,000.00

$ 3,000.00 78,573.1*7 5,000.00

$ 86,573.1*7
$ 86,573.1*7

$ 86,573.1*7 $295,01*8.16

$ 86,573.1*7 $811,955.81

$

.81 $920,792.91

97

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

Balance

Balance

July 1, 1952 Receipts Disbursements June 30, 1953

LAND Wood and Fleming

$

$ 13 ,600.00 $ 13,666.50 $ -66.50

BUILDINGS American Legion Architects' Fees Lumpkin Street Property Poultry Disease Print Shop Thomas W. Reed Hall Sheep Barn Veterinary Medicine Completion

30,258.32 U,5ia.73
i,ooo.6a 5,790.33
3a8,3 11.5a

77,000.00 ia,aoo.oo
a,000.00
5,oa5.oo

27,aa9.a3
1 7 ,706.36 3,573.99
703.09 5,790.33
a , 786.75
320,717.69

77,000.00 2,808.89 1,235.37
a26.01
297.55
258.25 27,593.85

IMPROVEMENT OTHER THAN BUILDINGS Gas Main Grounds and Walks - General Grounds and Walks - General (State) Grounds and Walks - President Heating System Pastures and Fences Paving Parking Lots Tennis Courts

8,322.69 i,27o.aa 2,500.00
61). 55 72,026.63
a,000.00
a5a.a9

19,000.00 2,500.00 31,79a . 00
7,000.00
6,955.oo
6,000.00

16,191.03
3,aoi.5o
2i,ai5.ao
6a. 30
ai,a99.27 6,9a2.20
9,385.77
a5a.a9

11,131.66
368.9a 12,878.60
.25 37,527.36
12.80 6ia.23

EQUIPMENT

Baldwin Hall Candler Hall Law

972.99 10,000.00

Library

New Heating Systems - Academic Pharmacy

6,000.00
28.72

Stokers - Military; Library; Lustrat; Land. 3,102.6a

a,000.00
17,655.1)1

967.93
1 3 ,979.77 5,88a. 90
7.55
2,319.ao

5.06
10,000.00
a, 000.00
3,675.6a 115.10
21.17
783.2a

REPAIRS Repairs - Other Repairs - State Barracks - Auxiliary Candler Hall Poultry

23,822.03 159,606.39
3,a65.83 60,000.00

56,000.00
iaa,250.00
8,800.00

3 1 ,335.7a 168,75a.76
935.30
7,aa8.89

a8,a86.29
135,101.63 2,530.53 60,000.00 1 ,351.11

UNEXPENDED PLANT FUNDS TOTAL PLANT FUNDS

$7a5,539.96 $ai7,999.ai #725,382.31) #1)38,157.03
27,869.62 $a77,966.26 $ 23,200.00 $a82,635.88 #773,1)09.58 $895,965.67 #71)8,582.31) $920,792.91

98

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT JULY 1, 192

ADDITIONS DURING YEAR

Expended from Plant Funds

Expended from Educational & General

Funds and Included in Current Expenditures

Expended from Auxiliary Funds and Included

in Current Expenditures

Buildings & Contents Constructed by

University System Building Authority

Building Authority Funds

$3,621,062.68

Ila. D. Little Estate Funds

l,03.l+

University Funds

,790.33

TOTAL ADDITIONS

VALUE OF PLANT JULY 1, 192 PLUS ADDITIONS

DEDUCTIONS DURING YEAR Sale of Coordinate Campus Sale of Land Architectural Plans Assigned to Building Authority TOTAL DEDUCTIONS

VALUE OF P U N T JUNE 30, 193

DEDUCT PLANT INDEBTEDNESS Due to University of Georgia Trust Funds Due to Medical College of Georgia Trust Funds Equity of Univ. System Building Authority

NET INVESTMENT IN PLANT

$ 11,117.32 2U3,B67.3)i 21,33.79
l+,ll+l,906.
$ 1+99,000.00 1 ,10.00
21,1+0 0 ,1+8
$ 960,30.80 6,129.37
3,379,68.0

$13, 627, 120. 1+2
1+,918,1+25.00 $18, [+,!+.1+2
21,o .1+8 $18,021+,039.91+
1+,31+6,318.67 $13,677,721.27

99

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Year Acquired

Investment Beginning
of Year

Additions

Deductions

Investment End of Year

LAND

Franklin Campus 37 acres 13 acres

l80i* $ 55,500.00 $

$

$ 55.500.00

1937-38

19,500.00

19.500.00

13 acres (Jackson Street) 1937-1*2

25,000.00

25,000.00

7 acres (Prince Avenue)

191*9

7,000.00

7,000.00

College of Agriculture 150 acres

1928

1*5,000.00

1*5,000.00

Coordinate Campus 1*0 acres

i 860

1*5,600.00

1*5,600.00

TOTAL CAMPUS

$ 197,600.00

$ 197,600.00

Off-Campus 150 acres (Denmark) 870 acres 1875 acres (Whitehall) 1*62 acres (Hardman) 607 acres (Watson) 120 acres (Wood-ileming)
TOTAL OFF-CAMPUS

1911* 1928 1936 1936
1933 1953

$ 7,500.00 32,650.00
18,675.00
2,500.00
9,000.00

13,666.50

1 ,105.00

7,500.00 32,650.00 1 7 ,570.00 2,500.00
9,000.00
13,666.50

$ 70,325.00 $ 13,666.50 $ 1,105.00 $ 82,886.50

TOTAL LAND

$ 267,925.00 $ 13,666.50 $ 1,105.00 $ 280,1*86.50

BUILDINGS

Franklin Campus Academic

1901* $ 180,270.01 $

$

$ 180,270.01

Art Classroom Athletic Office

191*8 1929

2k,lUi.3i
1,000.00

21*,11*1*. 35 1,000.00

Baldwin Hall Boiler Room Brown Dormitory

1938 191*8 1932

287,872.71* 2,565.00
150,000.00

287,872.71* 2,565.00
150,000.00

Bus. Adm. Annex

191*8

29,622.05

29,622.05

Candler Hall

1901

101,356.71

101,356.71

Chapel Chemistry Annex

1855 191*8

1*0,000.00 1*8,360.1*1*

1*0,000.00 1*8,360.1*1*

Clark Howell

1937

1*6,888.00

1*6,888.00

Clark Howell Wings Commerce-J ournalism Costa Building Demosthenian Hall Denmark Hall

1951 1927
1821* 1901

283,638.33
521*, 61*6.12
25,1 *6.25
15,000.00
50,000.00

283,638.33 521*,.61*6.12
25,11*6.25 15,000.00 50,000.00

Field House A Field House B Fine Arts

1929 1929 191*1

2,000.00 1,000.00 365,200.00

2,000.00 1,000.00 365,200.00

100

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
of Year

Additions

Investment End of
Deductions Year

BUILDINGS (Continued)

Garage and Shop

19l*2

Graduate Dormitory Greenhouse

19U0
19l8

Hirsch Law Infirmary (Gilbert)

1932
19l*2

Language & Letters

1938

LeConte Hall

1937

Library (Peabody) Library Annex Lumpkin House

1903
19k8 1850

Lumpkin House Annex

1950

Lustrat House

191*7

Meigs Hall

1905

Memorial Hall

1923

Memorial Hall

1953

Military Building

1931

Milledge Hall

1921-39

Student Union

Boys' and Girls' Dorms Milledge Annex

191*0

Milledge Annex Wings

1951

Moore College

187k

New College

1823

Ila D. Little Mem. Lib. (B. A.)1953

Myers Hall (Bldg. Auth) Old College

1953
1801

Peabody Hall

1913

Phi Kappa Hall

183k

Printing Shop

1951

Reed House

1807

Reed, Thomas W. Hall

1953

Residence, 325 Jackson

1937-1*2

Residence, 365 Jackson

191*2

Residence, 375 Jackson

1937-1*2

Residence, 385 Jackson

1937-1*2

Residence, 393 Jackson

1937-1*2

Residence, 297 Jackson

1937-1*2

Stegeman Hall

19U3

Stegeman Hall

1953

Storeroom - Jackson

1938

Strahan House

1856

Terrell Hall

1901*

Woodruff Hall

1921*

Boys' Dora (Tucker & Howell)

Warehouse - Jackson Street

1951

Lumpkin Street Property

1952

TOTAL FRANKLIN CAMPUS

$ 13 ,811.38 $

$

70,600.00

19,038.59
175,522.1*8
256,866.26 11*8,000.00

95,300.00
159,69I*.66

1*3,137.31* 11,828.07
800.00 1 1 ,000.00 60,000.00

386,721.52
25,000.00 150,000.00
5,760.00

6,555.00

12,227.98
92,000.00

362,221.23

78,366.29

83,125.65

1,813,61*3.51*
1 ,170,513.01

101,356.72

101,087.11
10,000.00
13,999.65
5,000.00

703.09

3,000.00 k,500.00 3,500.00 3,000.00 2,500.00 2,500.00 1*38,000.00

1,081,300.50

3,000.00

2,000.00

12,802.1*8

90,000.00

75,000.00

9,172.50 6,000.00

59,633.27

17,706.36

$ 13,811.38 70,600.00

19,038.59
175,522.1*8
256,866.26 11*8,000.00

95,300.00
159,69*.66

1*3,137.31* 11,828.07
800.00 1 1 ,000.00 60,000.00

386,721.52

6,555.00
25,000.00 150,000.00

5,760.00

12,227.98

92,000.00

362,221.23

78,366.29

83,125.65

1,813,6113.51 1,170,513.01

101,356.72

101,087.11
10,000.00

11*, 702.71*
5,000.00

1,081,300.50
3,000.00 1*, 500.00 3,500.00 3,000.00 2,500.00 2,500.00 1*38,000.00 3,000.00

2,000.00
12 ,802.1*8 90,000.00

75,000.00
9,172.50

6,000.00
77,339.63

$5,382,783.18 $k,093,1*21.50 $ 21,1*00.1*8 $9,161*,801*.20

101

libraries

grg\ ^

STATEMENT OF INVESTMENT IN PLANT (Continued)

BUILDINGS (Continued)

Year Acquired

Investment Beginning
of Year

President's Home

1 7 ,8 7 6 .8 2

College of Agriculture

A. A. A. Building Abattoir

19U0 $ 191*8

Barracks (Fain) A

19U2

Barracks (Dudley) B

19U2

Barracks (Griggs) C

19U2

Barrow Hall

1911

Barrow Hall Shop

1936

Boiler House A

Boiler House B

191*2

Boiler House C

191*8

Cafeteria (Snelling)

191*0

Camp Wilkins Cavalry Barn

1925 1920

Cavalry Barn

1926

Cavalry Bara Annex

1936

Cavalry Office (Shack)

1930

Cavalry Blacksmith Shop

1920

Connor Hall

1908

Dairy Products

191*0

Dawson Hall

1932

Demonstration School

1953

Field House

191*3

Food Processing (Canning)

1931*

Food Processing (Meat)

Forestry

191*0

Four-H Club

Garage Near Poultry Building 1913

Garage Near 1195 Lumpkin

Greenhouse (Vegetables & Flowers) 1911j*

Greenhouse (Research)

191*8

Hardman Hall Hoke Smith Extension

1919 1938

Home Management A

191*0

Home Management B

191*0

Home Management C

191*0

Home Management D

191*0

Laundry

191*2

Dry Cleaning Plant

191*2

Boiler Room

191*2

Gas House

191*2

Repair Shop

191*2

Lumpkin Hall

1829

Mary Lyndon Hall

1937

Nursery School

191*0

Paint and Janitor Shop

1919

5 0 ,0 0 0 .0 0 1 3 ,5 0 0 .0 0 60,000.00 3 0 ,0 0 0 .0 0 3 0 ,0 0 0 .0 0 7 5 ,0 0 0 .0 0
8 ,0 0 0 .0 0 5 ,0 0 0 .0 0 5 ,0 0 0 .0 0 9 ,0 0 0 .0 0 133,000.00 1*0,000.00 7 ,5 0 0 .0 0 1 ,0 0 0 .0 0
600.00 500.00 0 0 .0 0 200,000.00 120,716.00 1 8 7 ,0 3 5 .8 5
51*, 336.61 3 ,0 0 0 .0 0
5 2 ,1 9 0 .7 5 1 2 2 ,0 0 0 .0 0
3 ,0 0 0 .0 0 200.00 0 0 .0 0
5 ,3 0 0 .0 0 1*6,227.01 i*5,ooo.oo 78,300.00 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 3 0 ,5 0 0 .0 0
1*, 500. oo 2 ,0 0 0 .0 0
500.00 500.00 1 0 ,0 0 0 .0 0 102,1*00.00 3 5 ,0 0 0 .0 0 500.00

Additions

Investment

End of

Deductions

Year

1 3 ,0 1 2 .6 0

$ 117,876.82
5 0 ,0 0 0 .0 0 1 3 ,5 0 0 .0 0 6 0 ,0 0 0 .0 0 3 0 ,0 0 0 .0 0 3 0 ,0 0 0 .0 0 7 5 ,0 0 0 .0 0
8 ,0 0 0 .0 0 5 ,0 0 0 .0 0 5 ,0 0 0 .0 0 9 ,0 0 0 .0 0 1 3 3 ,0 0 0 .0 0 1*0,000.00 7 ,5 0 0 .0 0 1 ,0 0 0 .0 0
600.00 500.00 0 0 .0 0 2 0 0 ,0 0 0 .0 0 1 2 0 ,7 1 6 .0 0 1 8 7 ,0 3 5 .8 5 1 3 ,0 1 2 .6 0 51,3 3 6 .6 1 3 ,0 0 0 .0 0
5 2 ,1 9 0 .7 5 1 2 2 ,0 0 0 .0 0
3 ,0 0 0 .0 0 200.00 200.00
5 ,3 0 0 .0 0 1*6,227.01 5 ,0 0 0 .0 0 7 8 ,3 0 0 .0 0 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 1 5 ,0 0 0 .0 0 3 0 ,5 0 0 .0 0
1*, 500.00 2 ,0 0 0 .0 0
500.00 500.00 1 0 ,0 0 0 .0 0 102,1*00.00 3 5 ,0 0 0 .0 0 500.00

102

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
of Year Additions

BUILDINGS (Continued)

College of Agriculture (Con't)

Physical Education Plant Pathology Poultry

1929 $ 153,262.76 $

1915

1 5 ,000.00

1913

15,000.00

Poultry Disease Residence - 119!? Lumpkin Boiler Room - Near Poultry Residence - near 1195 Lumpkin Residence - 223 Burnet Street Residence - 225 Burnet Street Residence - 2U5 Burnet Street

1953
1913 19U5 1929 1929 1929

3,000.00 200.00 800.00
1 ,000.00 1 ,000.00 1 ,000.00

3,573.99

Livestock Shelters R. 0. T. C. Classroom Rutherford Hall

19l7 1939

1*,999.99
1 5 ,390.00 11*3,500.00

Sheep Barn Shop - Grounds Soule Hall University Stores Veterinary Building Veterinary Clinic #1 Veterinary Clinic #2

1953
1919 191*3 191*7 19U8 191*8

2,000.00 125,000.00
3,500.00 16,611*.00 18,000.00 12,015.20

1*,786.75

Veterinary Medicine Warehouse, A.A.A. Building Warehouse, #1 on Railroad

191*8-53 1,626,031.1*6 320,717.69

191*0

2,000.00

191*8

9,000.00

Warehouse, #2 on Railroad

191*8

9,000.00

Warehouse

1952

22,000.00

TOTAL COLLEGE OF AGRICULTURE

$3,831,219.63 $31*2,091.03

Coordinate Campus Barn Bradwell Hall Carnegie Library Club House Dozier School Gilmer Hall Infirmary Miller Hall Old Auditorium Pound Auditorium Powell House Residence - Foreman Senior Hall (Rhodes) Shop Agriculture Smith Building Training School White House Winnie Davis Hall

1927 $ 1896 1909 1909 1911
i 860
1916 1917 1898
1917 1891* 1927 1906
1927
1906 1902
1899
1902

500.00 $
50,000.00
35,000.00 5,000.00 1 ,500.00
65>,0 00.00
5,000.00 85,000.00
12,000.00
75,000.00
6,000.00
2,500.00
1*0,000.00
500.00 1*5,000.00 30,000.00
1,000.00
1*0,COO. 00

TOTAL COORDINATE CAMPUS

$ 1*99,000.00

Deductions

Investment End of Year

$

$ 153,262.76

1 5 ,000.00

1 5 ,000.00

3,573.99
3,000.00 200.00 800.00
1 ,000.00 1 ,000.00 1 ,000.00

1*,999.99
15,390.00
11*3,500.00

1*,786.75
2,000.00 125,000.00
3,500.00 16,li*.00 18,000.00 12 ,015.20

1,91*6,71*9.15
2,000.00

9,000.00
9,000.00

22,000.00

$*,173,310.66

$ 500.00 $ 50,000.00
35,000.00 5,000.00 1 ,500.00 65,000.00 5,000.00 85,000.00 12 ,000.00 75,000.00 6,000.00 2,500.00 1*0,000.00
500.00 1*5,000.00 30,000.00 1 ,000.00
1*0,000.00
$1*99,000.00

103

STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment

Year

Beginning

Acquired of Year

Additions

HJILDINGS

'arms

2 Houses, Potato Curing 2 Houses, Potato Curing

191*1 $
19Ul

1 House, Instrument

19U1

1 House, Tool House 1 House, 10 x 16

19U1 191*6

1 House, Experiment

1 House, Experiment

Barn, Dairy - An. Hus. Barn, Hog - An. Hus.

1915

Barn, Horse - An. Hus.

Barn, Isolation - An. Hus. 1923

Barn, Mule - An. Hus.

1931*

Bullpens - An. Hus.

1931*

Implement Shed - An. Hus. 1920

Office, Foreman's - An. Hus.1927

Res. A. Carlton Ave. 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. Hus.

1929

1 Brooder House, 16 x 18 19U0

1 Brooder House, 18 x 16 19U0

1 Brooder House, 16 x 6 191*0

1 Brooder House, 16 x 18 19l*0

6 Brooder Houses, ll* x 16 19l*0

6 Brooder Houses, 12 x U* 191*0

3 Brooder Houses, 15 x 16 191*0

3 Brooder Houses, 16 x 20 191*0

2 Brooder Houses, 20 x 20 191*0

1 Brooder & Inc. Bldg.

191*0

1 Brooder House, 21* x 11 191*3

1 Feed Sc Lab. Building

191*2

Grading and Packing - Pou. 191*2
Killing and Dressing - Pou .

59 Laying Test Bldgs. 12 x 11*

3 Laying Houses, 20 x 50

1 Laying House, 20 x 50
6 Laying-Houses, 11* x 2J4

1 Laying House, 12 x lit

10 Range Houses, 11 x 12

1 Residence - Poultry

Hardeman Mem. Forest Dwelling 1936

B a m - Forestry

1936

Oconee & Denmark B a m - Hort. 1936

Cabin - Forestry

1936

5 Dwellings - Hort.
Garage Sc Shed - Hort.

191*1* 1936

Log Cabin - Forestry

Machine Shed and Shop 1938-39

Nursery Building - For.

1*00.00 t
680.00
50.00
200.00
1*00.00
1,000.00
300.00
1*0,000.00
1 ,500.00
1*,000.00
1,200.00
3,000.00 600.00
1,000.00
250.00 600.00 600.00
1,200.00
900.00 900.00 2,500.00 250.00
1,100.00
1,200.00
600.00 250.00
1,200.00
900.00
525.00
600.00
U50.00
8,000.00
5,000.00 7,000.00
800.00
3,000.00 11*, 750.00 3,000.00
1*00.00
1 ,800.00
200.00
390.00 3,000.00
1*00.00
100.00
2,000.00
200.00
10,000.00
600.00
1*00.00
700.00
600.00

Deductions

Investment End of Year

$

$

1*00.00

680.00

50.00

200.00

1*00.00

1,000.00
300.00

1*0,000.00

1,500.00
1*,000.00

1,200.00
3,000.00 600.00

1,000.00
250.00 600.00 600.00

1,200.00
900.00 900.00 2,500.00 250.00

1,100.00

1,200.00

600.00
250.00

1,200.00
900.00

525.00
600.00

1*50.00

8,000.00
5,000.00 7,000.00
800.00 3,000.00 11*,750.00 3,000.00

1*00.00

1,800.00

200.00
390.00

3,000.00

1*00.00

100.00

2,000.00

200.00

10,000.00
600.00

1*00.00
700.00

600.00

104

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
of Year_______Additions

B. BUILDINGS Res. B - Near Dairy B a m

1912 $

Office - Horticulture

1935

Storage Shed - Horticulture 19U1

Sweet Potato House - Horticulture 19U2

Vegetable Grading House

19U3

900.00 300.00 600.00 1 ,5 0 0 .0 0 1 ,2 0 0 .0 0

Watson Springs B a m - Forestry Cottage - Forestry House - Forestry Storage House - Forestry Storage House 2 - Forestry

1933 1933 1933 1933 1933

500.00 500.00 1 ,0 0 0 .0 0 100.00 100.00

Ga. Experiment Station Architects Fees Advanced

$ U ,881.83

Whitehall

Barn - Agronomy

1936

Dwelling - Agronomy

1936

Field Shed A - Agronomy

1936

Field Shed B - Agronomy

1936

Storage House - Agronomy

1936

Storage House - Agronomy

1936

Tenant House A - Agronomy- 1936

Tenant House B - Agronomy Tenant House C - AgronomyTenant House D - Agronomy

1936
1936 1936

Tool House (Small) - Agronomyl936

Tool House (Large) - Agronomyl936

Barn A - Animal Husbandry Bara B - Animal Husbandry

1936
1936

Barn, Feed and Scales

1936

U Hog Houses 5 Hog Houses

1936
1936

2 Tenant Houses 2 Tenant Houses Barn, Brick - Forestry

1936
1936 1936

Dwelling, Brick - Forestry 1936

House #1 - Forestry House #2 - Forestry House #3 - Forestry House #U - Forestry

1936
1936 1936 1936

Barn - Poultiy Dwelling A - Poultry

1936
1936

Dwelling B - Poultry

1936

Garage - Poultry Laying House, 2U x 110

1936 1936

Laying House, 20 x 130
Shed m Forestry

1936 1936

1 ,000.00 500.00 200.00 50.00 15.00 15.00
2,000.00 1 ,000.00
Uoo.oo
300.00 30.00
Uoo.oo
300.00 500.00 1 ,500.00
2,000.00
125.00
2,000.00
3,000.00 600.00
5,500.00 600.00 U50.00 500.00 U50.00
2,000.00
U,000.00
1 ,Uoo.oo
20.00
1,200.00
1,200.00 300.00

Deductions

Investment End of Year

$

900.00

300.00

600.00

1 ,5 0 0 .0 0

1 ,2 0 0 .0 0

500.00 500.00 1 ,0 0 0 .0 0 100.00 100.00

U ,881.83
1 ,000.00 500.00 200.00 50.00 1 5 .0 0 15.00
,2 ,0 0 0 .0 0
1 000.00 U o o .o o 300.00 30.00 U o o .o o 300.00 500.00
1 .5 0 0 .0 0
2,000.00
125.00
2,000.00 3,000.00
600.00 5 .5 0 0 .0 0
600.00 U 5 o .o o 500.00 U 5 o .o o
2,000.00
U ,000.00 l,U o o .o o
20.00
.1 200.00 ,1 200.00
300.00

105

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS Whitehall 20 Range Houses, 10 x 10
1* Range Houses, 22 x 3h
Remodeled Foultry House Shop - Poultry Smokehouse - Poultry

1936 $ 1936 1936 1936 1936

i*oo.oo $
300.00 1 ,200.00
20.00
U o .o o

$

$

1*00.00

300.00

1 ,200.00

20.00

1*0.00

TOTAL FARMS TOTAL INVESTMENT IN BUILDINGS

$ 172,870.00 $ i*,88l.83 $

$ 177,751.83

$10,003,71*9.63 $1*,l*l*0,39i*.36 $520,1*00.1*8 13.923,71)3.51

C. IMPROVEMENTS OTHER THAN BLDGS. Streets and Sidewalks Lighting System Heating System Water Systems Landscaping President's Home Pastures and i'ences Tennis Courts Paving Parking Lots Gas Mains
TOTAL IMP. OTHER THAN BLDGS.

$ 21*3,939.55 $ 21*,881.20 $

38,730.1*2
136,691.0it 1 5 ,000.00

1*1,1*99.27

13,095.19

6,91*2.20

19,5h5.il

1*51* .1*9

9,385.77

5,677.31

16,191.03

$ 1*72,679.02 $ 99,353.96 $

$ 268,820.75 38,730.1*2
178,190.31
1 5 ,000.00
13,095.19
6,91*2.20 20,000.00
9,385.77 21,868.31*
$ 572,032.98

D. EQUIPMENT Administrative Physical Plant Library Library (Bldg. Auth.) Instructional Dept. Organized Research Extension Dormitories Dormitories (Bldg. Auth.) Dining Halls President's Home Printing Press Bookstores Store Room V. R. A. Farm Cow Testing

$ 58,951.98 $ 1*,876.86 $

100,611.95

31,808.32

886,03J4.29

11)4,313.21

1,235,277.78

12,289.89
81*,1*1*9.83

160,579.U8

11*,502.30

92,137.23 1614,892.70

16,871*. 31
5,lil*l.l46

61*,159.61

68,1*15.143

1,31*7.27

7,01*5.88

31,011.38 2,789.10

2,631*. 21
202.06

16,282.85 8,070.50

12,110.85

2,773.1*2

1*6,628.01

1,261.79

$ 63,831.81*
132,1*20.27 1,000,31*7.50
12,289.89 1,319,727.61
175,081.78 109, qj.1.51* 170,331*. 16
61*,159.6l 69,762.70
7,01*5.88
33,61*5.59 2,991.16
28,393.70 8,070.50 2,773.1*2
1*6,628.01 1,261.79

TOTAL EQUIPMENT

$ 2,882,766.77 $ 365,010.18 $

* 3,21)7.776.95

TOTAL INVESTMENT IN PLANT

$13,627,120.1*2 $14,918,1*25.00 $521,505.1*8* $18, 021*,039.91*

*$1*9,000.00 adjustment - sold for $*$0,000.00 - left land as is except reduced acreage.

H06

PART III THE UNIVERSITY OF GEORGIA - AGRICULTURAL EXTENSION SERVICE
ATHENS, GEORGIA
Schedule I - Schedule N-2
107

BALANCE SHEET June 30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash In Bank Due From Plant Funds

$109,131.78 3,750.21* $112,882.02

B. RESTRICTED Cash In Bank Accounts Receivable

9,661*.33 ll*,065.11

23,729.1*1*

TOTAL CURRENT FUNDS

$136,611.1*6

II. AGENCY FUNDS Cash In Bank

1*6,961.78

III.

PLANT FUNDS B. EXPENDED
Equipment Four-H Club - Rock Eagle

$105,876.03 1*1*2,12l*.l*l $51*8,000.1*1*

TOTAL ASSETS

$731,573.68

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 Due to General Funds

$112,882.02
23,729.1*1* $136,611.1*6
1*6,961.78
$51*1*,250.20 3,750.21* $51*8,000.1*1*

TOTAL LIABILITIES AND SURPLUS

$731*573.68

108

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Clarke County For Non Offset United States Smith Lever Capper-K etcham Bankhead-J ones Bankh ead-Flannagan Additional Cooperative Research and Marketing Farm Housing Forestry Dept, for Norris-Doxey . TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Corn Producers Association Georgia Crop Improvement Assoc. - For Vis Williams-Waterman Georgia Eggs, Inc, Trust Company of Georgia - For Visual Aid Peanut Club Southeastern Aromatic Tobacco Company Tennessee Valley Authority TOTAL GIFTS AND GRANTS
SALES AND SERVICES Cow Testing
TOTAL EDUCATIONAL AND GENERAL
NON INCOME Transfer from College Exp. Station Transfer from. General Experiment Station Printing
TOTAL RECEIPTS

General Income

Restricted Income

Total

$85,918.07 $ 661*,081.93 $ 750,000.00

1*,510.00

*,510.00

105.00
90,833.07

152,52U.13
37,331.18

l52,52i*.13
37,331.48

511,293.31'

511,293.31

523,838.15

523,838.15

26,*32.70

26,*32.70

4,560.73 61*0.00

4,560.73
6i*0.00

2,565.00

2,970.00

$1,923,267,143 $2, Oil*,100.50

$ 1,359.85

i.

$

175.00
2,100.00
3,638.85 ~

$
1 ,000.00
10,350.00 5,08^.85 3,000.00
16,526.06 35,960.91 $

1,359.85
1 ,000.00
10,350.00
5, 081*. 85
3 ,000.00
175.00
2,100.00 16,526.06
39,595.76

$ ll*,702.29 $ li*,702.29
$9ii,167.92 $1,973,930.63 $2,068,398.55

$ l,23i*.l*3 $ 1,23J*.1*3

10,350.00
21,008.92

10,350.00 21,008.92

$9k,i67.92 $2,006,523.98 $2,100,991.90

109

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Fund Classification

General

Restricted

_____ Object Classification

Operating

Salaries &

Supplies

Wages

& Expense Equipment

Total

EDUCATION AND GENERAL EXTENSION
State Offset State Non-Offset Federal Smith-Lever &
Bankhead-J ones Bankhead-Flannagan Capper-Ketchaiii Additional Cooperative Research and Marketing Farm Housing T. V. A. 1952-53 Visual Aid Georgia Eggs, Inc* Corn Meal Enrichment Cow Testing Fund
TOTALS

$

$ 6614,081.93 $ 522,1475.51 $1141,606.142 $

$ 6614,081.93

29,360.Mi

2,565.00

1 1 ,332.80 16,520.66 14,071.98

31,925.UU

663,817.I4U
523,838.1^ 37,331.U8
26,1432,70 *4,700.00
6I4O.OO
28,032.87 705.07
14,700.00
9,358.97
13 ,6914.81+

585,306.67 358,1814.63
37,331.148
26,1432.70
3,750.00
27,1148.75
3,750.00
6,0714.88 9,861.28

72,3141.98 163,828.72
950.00
308.75
88U .12
705.07
950.00
2,208.65 3,580.149

6,168.79
1 ,8214.80
331.25
l,075.Ul4 253.07

663,817.1414 523,838.15
37,331.148
26,1432.70 14,700.00
6I4O.OO
28,032.87
705.07
I4,700.00
9,358.97 13,6914.814

$29,360.14*4 $1,979,898,145 $1,591,6148.70 $1403,8814.86 $13,725.33 $2,009,258.89

NON-EXPENSE

Transfer to Restricted To
Match C o m Meal Enrichment $10,350.00

Experiment Station Printing

$

21,008.92

TOTAL EXPENDITURES

$39,710.14*4 $2,000,907.37

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1953

Balance Beginning Receipts Of Year For Year

Disbursements
For Year

Balance End of Year

Additional Cooperative Bankhead-Flannagan Capper-K etcham Farm Housing Georgia Eggs, Inc. Visual Aid Research & Marketing Smith-Lever - Federal State For Matching T. V. A. Accounts Receivable C o m Meal Enrichment U.S.D.A. (Norris-Doxey &
Clarke-McNary) Exper. Station Research Pub. Cow Testing Fund
TOTALS

$

# 26,432.70 # 26,432.70 #

523,838.15

523,838.15

37,331.48

37,331.48

640.00

640.00

- 384.85

5,084.85

4,700.00

1,775.78

4,ooo.oo

705.07 5,070.71

139.27

4,560.73

4,700.00

663,817.44

663,817.44

664,081.93

664,081.93

-2,558.30 5,075.82

16,526.06 20,700.00*

28,032.87 -14,065.11
9,358.97 16,416.85

2,565.00 21,008.92 15.936.72

2,565.00 21,008.92 13,694.84

2,241.88

#4.047.72 #2,006,523.98 #2,000,907.37 # 9,664.33

INCCHE - NON-OFFSET

Gifts

Cotton Producers Assn.

359.85

Peanut Club

175.00

Southeastern Aromatic

Tobacco Company

2,100.00 #

Clarke County

Forestry Dept. - Norris-Doxey

3,634.85
.4.510.00
2 970.00

TOTAL

$ 11,114.85

* #30,350.00 Transferred From General Fund to Match

111

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Federal Retirement Federal Withholding Tax U-H Club Construction Regional Film Corporation Rock Eagle li-H Foundation Social Security State Teacher Retirement
TOTALS

Balance Beginning Receipts
Of Year For Year
$ .3,5l3.oa $ U5,577.67
10,lUl.62 138,505.51 3a,328.66 l50,8Ua.55
127.Ul
a,061.67 i3,8ao.a7 171.02
5,858.53 75,292.53
$58,030.93 $a2a,231.75

Disburse ments
For Year
$ a5,2a6.72 136,880.33
I6a,a98.00
63.68 13,788.01
7a,82a.16
$a35,300.90

Balance End of
Year
$ 3,8a3.99 11,766.80 20,675.21 63.73 a , n a . 13 171.02 6,326.90
$a6,96l.78

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash

Balance

Receipts

July 1, 1952 For Year

Disbursements
For Year

Cash Balance June 30, 1953

$ 58,i2a.5a $ 9a,a67.92 $ 39,7io.aa $112 ,882.02

a,oa7.72 2,006,523.98 2,000,907.37

9,66a.33

$ 62,172.26 $2,100,991.90 $2,oao,6l7 .8l $122,5a6.35

$ 58,030.93 $ a2a,231.75 $ a35,300.90 $ a6,96l.78

$

$ ao8,328.55 $ ai2,078.79 $ -3 ,750.2a

$120,203.19 $2,933,552.20 $2,887,997.50 $165,757.89

Bank Balances Citizens and Southern National Bank, Athens, Georgia

$165,757.89

112

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BUILDINGS 1*-H Club - Rock Eagle

Balance

Receipts

July 1, 1952 For Year

Disbursements For Year

Balance June 30, 1953

$

$1*08,328.55

$1*12,078.79

$-3,750.21*

SUMMARY INCOME From State Gifts
TOTAL

$300,180.71* 108,11*7.81
$1*08,328.55

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Investment

Year

Beginning

Acquired Of Year

DeducAdditions tions

BUILDINGS Rock Eagle i*-H Camp

1952

TOTAL BUILDINGS

EQUIPMENT Extension

TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

$ 30,01*5.62 $1*12,078.79 $ 30,01*5.62 $1*12,078.79
$ 92jl50.70 $ 13,725.33 $ 92,150.70 $ 13,725.33 $122,196.32 $l*2580l*.12

Investment End of Year
$1*1*2,12l*.l*l $1*1*2,12l*.l*l
$105,876.03 $105,876.03 $51*8,000.1*1*

113

PART IV THE UNIVERSITY OF GEORGIA - ATLANTA DIVISION
ATLANTA, GEORGIA
Schedule 0 - Schedule U-l
115

BALANCE SHEET June 30, 1953

ASSETS

I. CURRENT FUNDS

A. GENERAL

Cash in Bank

$ 236,817.89

Accounts Receivable

129,713.8k

v

il

TOTAL GENERAL FUNDS

$ 366,^31.73

B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventory)

$ 212, 761. 8$
8,700.27
33, 261.10

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Banks Notes Receivable
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Cash in Bank
TOTAL UNEXPENDED
B. EXPENDED Land & Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

25k,723.22 $ 621,25k.95

$ 17,585.9k 9,287.32

26,873.26

$ 23,20k.57 $ 23,20k.$7

$ 280,036.35 l,26l,k93.86 k72,k9k.k2

2,01k,02k.63 2,037,229.20
$2,68$,357.kl

116

BALANCE SHEET June 30* 1953

LIABILITIES

I. CURRENT A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus
TOTAL GENERAL FUNDS

$ 1,879.67 819.83
U5,176.33 318,655.90

B. AUXILIARY Accounts Payable Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 803.09 33,261.10
220,659.03

II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS

III.

PLANT FUNDS A. UNEXPENDED
Contracts to be Negotiated Fund Balances
TOTAL UNEXPENDED

$ lU,55U.OO 8,650.57

B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$ 366,531.73

25^,723.22 $ 621,25U.95

$ 26,873.26

26,873.26

$ 23,20U.57

2,01it,02U.63

2,037,229.20

$2,685,357.Ul

117

STATEMENT OF CURRENT INCOME For Year Ended June 3 0, 1953

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-resident Tuition Matriculation Private Music Lessons Summer Session
TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia - Regular Operations Less Amount Payable End of Year Plus Amount Payable Beginning of Year
OTHER SOURCES Interest on Bonds Institutes Miscellaneous Extension

4l32,7Ul.75 U0 3 ,3 7 7 .1 9 2 .8 U 2 .9 8 8 2 .7 5 2 .U 2 -
4 621.71U.3U

$00,000.00
79.U01.79 4U20,598.21
19,519.97
$ 12,598.13 9 ,0 8 3 .6 0 3 ,1 1 2 .2 2 6 ,3 2 6 .1 6

UUO,118.18

TOTAL OTHER SOURCES
TOTAL EDUCATIONAL & GENERAL INCOME
NON-INCOME Previous Year's Checks Cancelled Correction of Previous Year's Deposit

4 570.00 .0 6

3 1 ,1 2 0 .1 1

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

TOTAL NON-INCOME

4

570.06

TOTAL EDUCATION & GENERAL RECEIPTS

4 1 .0 9 3 .5 2 2 .6 9

B. AUXILIARY ENTERPRISES BOOKSTORE
OFFICE BUILDING RENTAL

4 136,091.95 U l.778.50

REFECTORY TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

2 0 ,5 7 3 .5 5

4 198.UUU.OO 4 1 ,2 9 1 ,3 9 6 .6 3

118

*
Ml
a
Jf

1

iir
i
If
1
*
Mf
1
1A 4
I

i



A V

HA jyj

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
Comotroller's Office Director's Office General Administrative Registrar's Office
TOTAL ADM. AND GENERAL
STUDENT WELFARE Dean of Students Alumni Office Placement Bureau
TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Administrative Dean Dean of General Studies Guidance & Counsel Art Biology Business Administration Chemistry Education English Geography & Geology History Journalism Mathematics Modern Language Music Nursing Education Philosophy Physical Education Physics Political Science Psychology R.O.T.C. Sociology Speech and Drama Stammer School
TOTAL INSTRUCTION

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

$ 23,129.62 26,077.1*2 38,363.91 1*6,971*. 69
$131*, 51*5.61*

$ 21,951.75 2U, 09)4.07 3,281.53 36,928.73
$ 86,256.08

$ 1,070.62 1,1*65.35
31*,962.78 9,61*8.73
$1*7,11*7.1*8

$ 107.25 518.00 119.60 397.23
$ 1,11*2.08

$ 13,080.65 2,730.1*7 30U.52
$ 16,115.61*
$121,882.60
$ 99.736.16

$ 12,1*67.11* 1,771.1*0 83.60
$ ll*,322.11*
$ 77,1*08.11
$ 36,1*68.10

531.51 959.07 120.92
$ 1,611.50
$1*0,73!*.!*o
$ 3,820.31

$

82.00

100.00

$ 182.00

$ 3,71*0.09

$ 59,1*1*7.75

$ 12,550.1*8 15,129.23 12,619.1*2 8,001.56 37,995.83
209,355.80 23,1*09.02 9,333.71* 55,01*3.86 9,076.81 19,1*80.39 6,863.1*3 36,023.66 22,609.1*1* 21*,710.76 16,082.51* 8,376.17 12,301*. 91 10,810.26 12,976.98 20,101.1*1 1*,671*. 80 15,552.31* 12,199.1*5 77,986.96
$693,269.25

$ 10,751.82
10,771*.33 11,813.02
7,1*1*5.23 30,71*1.20 199,859.12 17,300.77
8,577.35 51*,716.27
8,608.76 19,258.19
6,699.96 35,999.76 22,299.96 22,91*8.08
13,833.33 8,210.1*0
10,861.81* 7,801*. 96
12,737.1*6 19,395.81
1*,000.08
15,51*6.81* 10,860.01*
77,31*1.73
$61*8,386.31

$ 1,1*51.16
1*, 227.1*3 680.91* 556.33
1*,268.06 6,771.1*7 5,033.21
71*8.31* 327.59 367.57 121.71 163.1*7
23.90 11*7.97 1,021*. 51 1,319.21 165.77 897.22 850.1*3 15U.37 1*63.01 671*.72
5.50 855.21* 61*5.23
$31,91*1*.36

$ 31*7.50 127.1*7 125.1*6
2,986.57 2,725.21 1,075.01*
8.05
100.1*8 100.1*9
161.51 738.17 930.00
51*5.85 2,151*. 87
85.15 21*2.59
1*81*.17
$ 12,938.58

119

STATEMENT OF CURRENT EXPENDITURES (continued) Total

Object Classification

Operating

Salaries & Wages

Supplies & Expense Equipment

EDUCATIONAL AND GENERAL (CONT'D) RESEARCH
EXTENSION (GUIDANCE CENTER)
TOTAL EDUCATIONAL & GENERAL

$

8,981*. 81+ $ 6,1+97.38

$ 8,072.61+ $ 7,1*81.88

$1,082,606.77 $876,820.00

AUXILIARY ENTERPRISES BOOKSTORE OFFICE BUILDING REFECTORY
TOTAL AUXILIARY ENTERPRISES TOTAL CURRENT EXPENDITURES

$ 106,819.17 $ 9,792.22

3,619.89

2,970.77

17,672.97

1,739.63

$ 128,112.03 $ 10,098.62

$1,210,718.80

$ 2,1*87.1+6 $
$ 393.81 $ 196.99
$128,139.32 $77,61+7.1+9
$100,999.90 $ 1+67.1+9 1,01+9.12
19,937.31+ $117,989.96 $ 1+67.1+9

120

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 193

GENERAL AUXILIARY
TOTAL CURRENT FUNDS PLANT FUNDS AGENCY FUNDS
TOTAL

Cash Balance July 1, 1952
$ 225,901.97 11*2,1*29.88
$ 368,331.85 $ 6ll*,136.73
20,996.09 $1.003,1*61*. 67

Receipts for Year
$1,093,522.69 198,1*1*1*.00
$1,291,966.69 $ 3,000.00
217,61*3.85 $1,512,610.51*

Disbur sements Cash Balance

for Year

June 30. 1953

$1,082,606.77 128,112.03

$236,817.89 212,761.85

$1,210,718.80 $1*1*9,579.71*

$ 593,932.16 $ 23,201*.57

221,051*. 00

17,585.91*

$2,025,701*. 96 $1*90,370.25

BANK BALANCES
FULTON NATIONAL BANK, ATLANTA Operating Account Student Promotion Office Building Account `Florence Noyes" Scholarship Fund
CITIZENS & SOUTHERN NATIONAL BANK, ATLANTA Bookstore Music Fund Account Refectory
TRUST COMPANY OF GEORGIE, ATLANTA Student Credit Union TOTAL

$260, 022.1*6 82l*.22
80,383.71 500.00
$12l*,l*78.69 6,866.15 7,950.00

$31*1,730.39 139,291*.81*

9.3U5.02 $1*90,370.25

121

STATEMENT OF AGENCY FUNDS
For Year Ended June 3 0 , 1953

Balance Beginning
Of Year

Receipts For
___ Year

Disbursements
For Year

Balance End
Of Year

Student Credit Union Student Promotion Music Fund Account ''Florence Noyes" Scholarship

$

301.22

10,622.99

2*,32*1 . 0 5

$ 2*0,155.16 20,297.15 6,537.80

$ 3 1,m .36 30,095.92 2*, 0 1 2 .7 0

$ 9,32*5.0 2 822*. 22
6,866.15

Fund Retirement Collection Withholding Tax Collection Social Security Sales Tax R.O.T.C. "Commutation in Lieu

500.00 2*7.50

30,552.02
106,709.79 303.67
2,261*. 19

30,552.02
106,709.79 303.67
2 , 2 6 1 . 12*

500.00 50.55

of Uniform"

5,183.33

10,822*. 07

16,007.2*0

I

TOTAL

$ 20,996.09

$217,62*3.85

$221,052* .0 0

$17,585.92*

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANC, BEGINNING OF YEAR
ADDITIONS Received from State Funds
TOTAL
DEDUCTIONS Expended for Plant Additions Land and Buildings Administration Bldg. - Additions & Improvements
TOTAL DEDUCTIONS BALANCE, END OF YEAR

-Funds for Plant
Additions $612*, 136.73
3 , 000.00 $ 617,136.73
$ 588,312.71 5,619.2*5
$ 593,932.16 $ 23,202*. 57

122

l
M 9
A J
yn >]*
I
> MM vaIJ\

SUMMARY OF INVESTMENT IN PLANT June 30, 1953

VALUE OF PLANT, JULY 1, 1953
ADDITIONS Expended from Plant Funds Expended from Educational & General Funds and Included in Current Expenditures
TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 30, 1953

$593,932.16 77.6U7.U5

$1,3U2,UU5.02
671,579.61 $2,0lU,02U.63

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Year Acquired

Investment
Beginning of Year_______ Additions

Investment
End Of Year

A. LAND Campus Off Campus
TOTAL LAND

19U5-51 19U5-U7

$ 275,112.95

$ 275,112.95

U, 923. uo_________________________ U,923.Uo

$ 280,036.35

$ 280,036.35

B. BUILDINGS Administration & Classroom

19U5

Gymnasium R.O.T.C. Office & Shops Armory DeKalb Extension

19U7
1951 1951 19U2

Preliminary Outlay New Building

TOTAL BUILDINGS

$ 5 7 3 ,10 6 . 9U UU,U2U.l3 lU ,0 0 0 .0 0 16,5U7.3U U ,3 5 0 .0 0 15,133.29
$ 667,561.70

$ 5,568.75 50.70
588,312.71 $593,932.16

$ 578,675.69 UU,U2U.l3 1U,050.70 16,5U7.3U U,3 5 0 . 0 0 6 0 3 ,UU6 .0 0
$l,26l,U 93.86

C. EQUIPMENT Administrative Offices & Classrooms Auditorium Instructional Departments Library Physical Plant Cafeteria Extension
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 60,739.91 1U,182.50
151,0U8.77 1U2,U72.55
13,288.2U 13 , 115.0 0
$ 39U.8U6.97
$1,3U2,UU5.02

$ 1 , 3 2 U.0 8 12,938.58 59,UU7.75 3,7U0.09 196.95
$ 77,6U7.U5 $671,579.61

$ 62,063.99 lU ,182.50
163,987.35 201,920.30
17,028.33 13 , 115.0 0
196.95
$ U72,U9U.U2
$2,01U,02U.63

123

PART V THE UNIVERSITY OF GEORGIA - EXPERIMENT STATION - GENERAL
ATHENS, GEORGIA
Schedule V - Schedule Z-2
125

BALANCE SHEET June 30, 1933

ASSETS

CURRENT FUNDS A. GENERAL
Cash on Hard and in Bank
B. RESTRICTED Cash on Hand and in Bank
TOTAL CURRENT ASSETS
TOTAL ASSETS

3,795.51 i3.ooo.oo

$18,793.51 *18,795.51

LIABILITIES
I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus
B. RESTRICTED Fund Balances
TOTAL CURRENT LIABILITIES
TOTAL LIABILITIES AND SURPLUS

3.79V.51 13,000.00

$18,793.31 $18,793.31

126

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1993

General Income

Restricted Income

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
TOTAL INCOME

$98,096.18 $98,096.18

Non-Income Transfer from General Funds
TOTAL RECEIPTS

$98,096.18

$19,000.00 $19,000.00

Total
$98,096.18 $98,096.18 $19,000.00
$73,096.18

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1993

EXPERIMENT STATION - GENERAL Adminis tration General
TOTAL EXPENSE

Total
$39,260.67 $39,260.67

Object Classification

Salaries

Operating

and

Supplies &

Wages

Expense

$1U,998.69 $11*, 998.69

$2l*,261.98 $ 2U , 261.98

NON-EXPENSE Transfer to Plant Funds Branch Stations Transfer to Branch - Educational and General Transfer to Restricted Funds

$10,699.99 11,938.69
19,000.00

TOTAL NON-EXPENSE

$37,238.60

TOTAL DISBURSEMENTS

$76,1*99.27

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1993

Cash Balance July 1, 1992

Receipts For Year

CURRENT FUNDS General Restricted Funds

$22,238.60

$98,096.18 $19,000.00

PLANT FUNDS

lli, 669.17

TOTALS

$36,907.77

* Transferred to Branch Stations

$73,096.18
127

Disbursements For Year

Cash Balance
June 30, 1993

$76,1*99.27
lli, 669.17*
$91,168.1*1*

$ 3,799.91
$ 1 ^,000.00
$18,799.91

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1933

Pink Boll "Worm

Cash Balance

Receipts .Forjiear

Disbursements Cash Balance

For Year

June 30, 1953

$13,000.00*

$1 3 ,000.00

Transferred from Educational and General

PART VI THE UNIVERSITY OF GEORGIA - BRANCH EXPERIMENT STATION
ATHENS, GEORGIA
Schedule AA- Schedule EE-2

I. CURRENT FUNDS A. GENERAL* Cash on Hand and in Bank
B. RESTRICTED Cash on Hand and in Bank
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash on Hand and in Bank
B. EXPENDED Land Buildings Improvements other than Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

BALANCE SHEET June 30, 1953
ASSETS
$ 71,023.00
12 k ,822.21
25,690.05 65,2^8.80

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus

$

89.3k

2,5k3.71

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 AND SURPLUS

$ 2,633.05 0.00
$ 7,861.09
$286,78k.06
$ 2,633.05
_______ 0.00
$ 7,861.09 286,78k.06

$ 2,633.05
29k, 61+5.15 $297,278.20
$ 2,633.05 29k,6k5.l5
$297,278.20

130

STATEMENT OF CURRENT INCOME For Year Ended June 30, 19!?3

General Income

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
TOTAL PUBLIC APPROPRIATIONS

$172,23U.OO $172,23U.OO

SALES AND SERVICE TOTAL SALES & SERVICE

$ U2.76U.90 $ U2.76U.90

RENTS

$ 1,555.77

TOTAL RENTS

$ 1.959.77

TOTAL EDUCATIONAL & GENERAL INCOME $2l6,55U.67

NON-INCOME Transfer from General

$ 11,330.65

TOTAL EDUCATIONAL & GENERAL RECEIPTS $228,093.32

Restricted Income

Total
$172,23U.OO $17 2,23U.00 $ U2.76U.90 $ U2.76U.90 $ 1.555.77 1 1,555.77 $2lo,55U.67
$ 11,538.65 $228,093.32

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

EXPERIMENT STATION BRANCH Research
TOTAL EXPENSE

Fund Classification

General

Restricted

$192,868.27 $192,868.27

Object Classification

Salaries Operating

and Wages

Supplies & Expense Equipment

$78,513.21
$78,513.21

$63,77U.88 $63,77U.88

$50,580.18 $50,580.18

NON-EXPENSE
Transfer to Plant Funds $ 32,99200

TOTAL DISBURSEMENTS

$225,U60.27

131

STATEMENT OF CHANG:lit IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General
TOTAL CURRENT FUNDS PLANT FUNDS TOTAL

Cash Balance July 1, 1952

Receipts For Year

Disbursements For Year

$

$228,093.32 $225,1460.27

|

$228,093.32 $225J460.27

$

$ 67,U61.12 $ 59,600.03

1

$29 5 , 55U . W i $285,060.30

Cash Balance June 30, 1953 $ 2,633.05 $ 2,633.05 $ 7,861.09 $10,H9ii.ll4

BANK BALANCES National Bank of Athens

$ 10,U9U.ll4

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANCES, BEGINNING OF YEAR
ADDITIONS GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents Transfer from - Branch Station Educational & General Transfer from - General Station Educational & General
TOTAL ADDITIONS
DEDUCTIONS PLANT ADDITIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant Additions
$1U,669.17

Funds For Debt
Service
$

$ 9,500.00 32,592.00

10,699.95

$52,791.95

$

$59,600.03 $59,600.03 $ 7,861.09

Total $1U,669.17
9,500.00 32,592.00 10,699.95 $52,791.95 $59,600.03 $59,600.03 $ 7,861.09

132

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

LAND Northeast Branch 32 acres

Balance July 1, 1952

Receipts For Year

$

$ 9,500.00

BUILDINGS Southeast Branch Southwest Branch Northwest Branch

$ 9,797.17 l,77l*.58 lj.25.66

$19,300.00 7,1*92.00
10,65U.30

TOTAL BUILDINGS

$11,997.m

$37,1*1*6.30

IMPROVEMENTS OTHER THAN BUILDINGS
Southeast Branch Southwest Branch Northeast Branch

$ 1,588.89 877.59 205.28

$ 3,161.1*8 1,728.95 955.22

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ 2,671.76

$ 5,81*5.65

TOTALS

$li, 669.17

$52,791.95

Disbursements For Year
$ 9,163.00
$21*, 281*. 20 5,1*61*.33
12,171,09 $1*1,919.62
$ 1*,750.37 2,606.51* 1,160.50
$ 8,517.1*1 $59,600.03

Balance June 30, 1953
$ 337.00
$1*, 812.97 3,802.25
-1,091.13 $7,521*.09
$
$ $7,861.09

133

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

LAND Branch Stations
Burke County Gordon County Gordon County Sumter County

Investment Year Beginning Acquired Of Year

1*68.75 Acres

11*1*.3 "

32

"

1*55.35 "

1952 1952 1953 1952

$17,060.00 25,000.00
19,800.00

Additions
$ 9,163.00

TOTAL LAND
B. BUILDINGS Southeast Branch Station Superintendent's Home 3 Tenant Houses 2 Barns Machine Shed Foreman's Cottage Poultry House Pump House Stock Pens and Scale Pit Commissary
Southwest Branch Station Superintendent's Home 2 Tenant Houses Machine Shed Foreman's Cottage Office Storage House 1 Tenant House Turkey Broiler House Cattle Barn Pump House

$61,860.00 $ 9,163.00

1952 1952 1952 1952 1952 1953 1953 1953 1953

$ 6,598.80 10,588.12 2,000.00 2,50i*.36
U,0 1 1 .5 5

$ 8,350.1*0 1,018.50
1 ,01*2 .8 2
1*80.00 10,028.31*
21*8.00 1,1*95.81 1,620.33

1952 1952 1952 1952 1952 1952 1952 1953 1953 1953

$15,025.00
6,936.69 2,197.60
7,501*.55 3,561.58
1 ,000.00 3 ,00 0.0 0

$ 291*.12 139.71 H*.50
71*.1*2
1*,31*0 .1*8
71.26 529.81*

Northwest Branch Station Foreman's House Machine Shed Barn Office Laying House Tenant House Tenant House Dairy Barn Poultry Brooder House

1952 1952 1952 1952 1952 1952 1953 1953 1953

$ 6,000.00
1,722.1*7
3,097.53
2 ,6 6 3.23
2,731.91 1,759.20

1*,077.27
5,569.1*2
2 ,521*.l*o

TOTAL BUILDINGS

,902.59 $1*1,919.62

Investment End Of
Deductions Year

$

$ 17,060.00

25^000.00

9^163.00

19^800.00

$ 71,023.00

$ 111,9I9.20
11,606.62 3 ,01*2 .8 2
2,5l*.36 U,l*91.5<
1 0 ,0 28 .3)1 2 )4 8 .0 0
1,1*95. ei
1 ,6 2 0 .3 3
1 5 ,3 1 9 . 1 2
7,076.1*0
2,212.10
7,501*. 55 3,636.00
1 ,000.00 3 ,000.00
1*,31*0.1*8 71.26
529.81*
6,000.00 1,722.1*7 3,097.53 2,663.23 2,731.91 1,759.20 li,077.27 5,569.1*2
2 ,521*.1*0
$121*, 822.21

134

STATEMENT OF INVESTMENT IN PLANT (Continued)

C. IMPROVEMENTS OTHER THAN BUILDINGS Southeast Branch Station Water System Fencing and Pastures Other

Investment Year Beginning Acquired Of Year

Investment End Of

Additions Deductions

Year

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

1952 1952
1952

$ 2,827.38 $ 1,322.79

U,606.17 2,75U.98

2U.76

672.60

$ U,150.17 7,361.15 697.36

Southwest Branch Station Water System Fencing and Pastures Other

1952
1952 1952

1,863.08 U,887.91
*18.62

327.50 2,03U.UU
2UU.60

2,190.58 6,922.35
663.22

Northwest Branch Station Water System Fencing and Pastures Other

1952

UU6.U2

131.00

1952

1,998.30

85U.90

1952

100.00

17U.60

577.U2 2,853.20
27U.60

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 17.172.6U $ 8,5l7.Ul

$ 25,690.05

EQUIPMENT Research

$ 1U,668.62 $ 50,580.18

$ 65.2U8.80

TOTAL INVESTMENT IN PLANT

$176,603.85 $110,180.21

$286,78U.06

135

PART VII THE UNIVERSITY OF GEORGIA - COLLEGE EXPERIMENT STATION
ATHENS, GEORGIA
Schedule FF - Schedule KK-2
137

BALANCE SHEET June 30, 1953

I. CURRENT FUNDS A. GENERAL Cash on Hand and In Banks
B. RESTRICTED Cash on Hand and In Banks
TOTAL C URRENT FUNDS
II, PLANT FUNDS A. UNEXPENDED Cash on Hand and In Banks
B. EXPENDED Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

ASSETS
$314,999.5)4 62,955.87

$21,1]44.60 28,673.73
$28,986.35 97.955.Ul

$ U9,818.33
126,9)|1.76 $176,760.09

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus

$10,670.96 10,U736U

TOTAL GENERAL FUNDS

B. RESTRICTED Fund Balance

TOTAL CURRENT FUNDS

II. PLANT FUNDS A, UNEXPENDED Fund Balances

B. EXPENDED Invested in Plant

TOTAL PLANT FUNDS

TOTAL LIABILITIES AND SURPLUS

$21,lUU.60 28,673.73
$28,986.35 97.955.U1

$ U9,818.33
126.9Ul.76 $176,760.09

138 I-

STATEMENT OF CURRENT INCOME
For Year Ended June 30, 1953

General Restricted Income Income

Total

A. EDUCATIONAL AND GENERAL

PUBLIC APPROPRIATIONS

State of Georgia

Regular Operations

$239,33.00

United States

Dept, of Agriculture -Forestry

Dept, of Agriculture - Ag. Industries & Services

Bureau of Animal Industry - Air Sac

Bureau Nutrition - Home Ec. - Beef Study

$239,333.00

$ 500.00 111,000.00 12,000.00 U,000.00

500.00
111,000.00 12,000.00
!*,000.00

TOTAL PUBLIC APPROPRIATIONS

$239,333>00 $30,500.00 $269,833.00

GIFTS AND GRANTS FROM PRIVATE SOURCES American Cyanemid Company American Potash Company Central Soya Company (Dairy) Chilean Nitrate Educational Fund Ferre Corporation (Frit Research) Georgia Feed Association (Poultry Research) Hoffman - LaRoche (Pickle) Reynolds Metals Corporation Savannah Sugar Refining Co. Tennessee Corporation (Copper) Tennessee Eastman Company
TOTAL GIFTS AND GRANTS

$ 600.00 $ 1,200.00 300.00 6,000.00 1,500.00 600.00 500.00 2,1*00.00 5,000.00 300.00 1,500.00

600.00 1,200.00
300.00 6,000.00 1,500.00
600.00 500.00 2,1*00.00 5,000.00 300.00 1,500.00

$19,900.00 $ 19,900.00

SALES AND SERVICES Agronomy Animal Husbandry Grain Storage Horticulture Creamery Dairy Farm Egg Test Food Processing Horticulture Farm Livestock Farm Poultry Savannah Sugar Refining Sales
TOTAL SALES AND SERVICES
OTHER Equipment Sales - Creamery Equipment Sales - Dairy
TOTAL OTHER TOTAL COLLEGE STATION INCOME NON-INCOME Transfer from General Funds Transfers from Restricted Funds
TOTAL RECEIPTS
139

$ 2,662.15 8,1*79.96 l,6ol*.7R 1,008.73
13U,595.53 35,3)49.92 U,001.13 80,240.02
7,980.68 7 , 5)4 8 .19 30,993.18 10,787.89
$325,252.16

$ 2,662.15 8,1*79.96 1,601*. 78 1,008.73
13U,595.53 35,31*9.92 1*, 001.13 80,21*0.02
7,980.68 7,51*8.19 30,993.18 1 0 ,7 8 7 .R9
$325,252.16

$ 650.00 600.00
$ 1,250.00 $565,835.16

$ 650.00 600.00
$ 1,250.00 $50,1*00.00 $616,235.16

$ 3,183.88 $ 3,183.88

$ 188. Ol*

188.01*

$566,023.20 $53,583.88 $619,607.08

STATEMENT OF CURRENT EXPENDITURES
For Year Ended June 30, 9$2>

Fund Classification

General

Restricted

Salaries and
Wages

Operating Supplies & Expense

Equipment

COLLEGE EXPERIMENT STATION Administration Director's Office

$ 10,071*.59

$ 9,039.96 $ 982.1*6 $ 52.17

Research Agricultural Economics Agricultural Engineering Agricultural Industries & Serv Agronomy Air-Sac Disease Animal Husbandry Beef Project (Home Ec.) Boron Central Soya Copper Corning Class Cyanemid Dairy * Food Technology Forestry Frit Grain Storage Horticulture Landscape Architecture Mineral Research Morrison Fund Pickle Research Plant Pathology Potash Poultry
Reynolds Metals Savannah Sugar Refining Co, Sodium Soil Testing Tennessee Eastman Kodak

*,172.1*2 23,278.02 13,66.02 28,656.75 18,692.99
1,933.00
16,721.76 5,680.82 h,375.98
1 ,618.66
9,878.1*5 2,199.1*5
11*,31*1*. 93 61,319.09 12,023.78
21, 811*.1*2

$13,566.01
11,252.71*
2,953.1*5 11*6.55 851.12 71*5.00 153.83
2 2 2 .1*0
l,37l*.l*3
2,707.75 681*. 86 332.10
1,21*5.11* 251*. 90
2,291*. 20
5 ,0 0 0 .0 0
5,007.28
200.00

$ 3,716.85 I8,90l*.63 23,501.1*2 20,788.06 1*,008.21 8,527.18 3,090.15
71*5.00
75.00 12,952.26
h,575.10
li,375.98 1,127.78
6,911.71 1,899.96 2,391*.63
1*88.63
13,51*5.31 1,200.00
20,037.13 2,291*. 20 1,971.16 1*,325.50
15,758.36 200.00

$ 1*55.57 3,530.97 2,733.06 5,070.96 6,770.93 9,810.21
661*. 36
11*6.55
808.10
139.05
11*7.1*0 3,019.50
815.72
89.76
1,618.66
1,81*3.98 1*9.8 9
313.12 135.19
282.10
799.62 1*5.11*
33,603.25
12,591.1*5 555.78
3,21*2.31

$ 81*2.1*2 897.55
2,797.73 1*73.60 355.60
1,131.91*
1*3.02
H*.78
750.00 290.00
156.89
1,122.76 21*9.60
61. 01* 50.00
7,933.61
2,1*61.17
126.00
2,813.75

TOTAL RESEARCH

$21*0,276.51*___$1*8,991.76 $177.1*11*.a $89.282.63 S22.571.li6

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Clasisification General Restricted

Object Classification

Salaries and Wages

Operating Supplies
& Excense

Equioment

Services Related to Research Creamery Dairy Farm Egg Test Food Processing Plants Greenhouse Horticulture Farm Livestock Farm
TOTAL SERVICES
TOTAL EXPENDED

$126,311.30 iiB,759.78 3,978.12 88,21*5.21* 6,657.72 9,829.15 16,522.02
$300,303.33
$550,651*. 1*6

$1*8,991.76

$ 25,1*29.29 18,607.66 997.65 13,891*. 26 3,289.65 6,981*.93 7,565.91*
$ 76,769.38
$263,223.55

$ 97,688.91 23,1*66.02 2,980.1*7
71*,1 1 9 .1*0
3,118.07 1,91*1*. 22 8,656*51

$ 3,193.10 6,686.10
231.58 250.00 900.00 299.57

$211,973.60 $11,560.35

$302,238.69 $31*,183.98

NON EXPENSE

Transfers to General Funds Transfers to Univ. of Ga,

$ 188.01*

Plant Funds

$ 2,000.00

Transfers to Restricted Funds

3,183.88

Transfers to Agricultural

Extension

1,231*.1*3

TOTAL NON EXPENSE TOTAL DISBURSEMENTS

$ 6,1*18.31

188.01*

$557,072.77 $1*9,179.80

141



STATEMENT OF OPERATIONS OF RESTRICTED FNDS For lear Ended June 30, 193

Balance Beginning Of Year

Income

Expense

For

For

Year________ Year

Transfers

Balance End Of
Year

GOVERNMENTAL United States Department of Agriculture For Agricultural Engineering For Home Economies - Beef For Forestry Bureau Animal Ind.-Air-Sac Res.
TOTAL GOVERNMENTAL

$-2,9l+.l+3 $ll+,000.00
1,311.77 h,000.00
00.00
____________ 12.000.00

$13,66.01 2,93.1+
11,252.7k

$-1.282.66 $30.00.00 $27.772.20

$-2,9l+.l+3
188.01+

1+33.99
2,170.28
00.00
71+7.26

$-2.1+06.39 $ 3.81.3

GIFTS

American Cyanamid Co.- For

Cyanamid Res.

9l+.l+2

American Potash Co.--For Potash Res. 3,i+8.73

Anonymous - For Dairy Res. Ball Brothers - For Food Testing Central Soya Co.- For Dairy Res. Chilean Nitrate Co.-For Sodium Res. Corning Glass Works-For Dairy Res. Ferro Corp.rFor Frit Res.

l8.1+3 -76.9 l,Ol+.67 8,OOl+.8
1+39.0 110. 3

Georgia Feed Assn.-For Poultry Res.

Hoffman-LaRoche Co.-For Pickle Res.

International Mineral & Chemical Corp.

For Hort. Res.

3,68.91

International Mineral & Chemical Corp.

For Iron Res. Morrison Fund - For Dairy Res.
Pacific Coast Borax Co.-For Boron Res.

*oo 992.82
1j9586

Radio Active - ForExperiment

1,892.00

Reynolds Metals Co.-For Animal

Hush. Res. Savannah Sugar Ref. Co.-For Animal

Hush. Res. Tennessee Corp.-For Copper Res.

8.67

Tennessee Corp. - For Minor Elements

Res.

1,72.17

Tennessee Eastman Co.-For Agronomy

Res. Texas Gulf Sulphur Co.-For Sulphur
Res. T. V. A.-For Meat Spoilage

39.33 -12.0

6 0 0 .0 0 $ 222. 1+0

1 ,200.00

l,2l+.H+

300.00
6, 000.00
1,00.00
600.00 0 0 .0 0

81.12 ,007.28
l3.83 l,37l+.1+3
2l+.90
332.10
2,707.7

681+.86 U+6.

2 , 1+0 0 .0 0
,000.00
300.00

2,29l+.20
,000.00
7l+.00

1,00.00

200.00

TOTAL GIFTS

$2,2.31 $19.900.00 $21,219.6

GRAND TOTAL

$2l+,269.6 $0,1+00.00 $1+8,991.76

- 76.9
-12.0 $ -89.i+ $-2,99.81+

1,332.02 3,1+13.9
l 8.1+3
!+9l+. 8,997.30
28.22 23.92 3l+.10 167.90
9l.l6
1,160.77 307.96
,1,1+1+9.31
1 892.00
10.80
113.67
1,72.17
1 ,30 0 .0 0
359.33
$2l+,822.20
$28.673.73

Jf
'1
Ifl
>
I
*1
A*
4 1}
fl
I
J**:
1
ifm

142

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1993

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance July 1, 1992

Receipts For Year

Disburses nts Cash Balance

For Year

June 30, 1993

$12,19U.17 2U,269.69
$36,1+63.82 $ 8,361+.28 $1+1+, 828.10

$966,023.20 93,983.88
$619,607.08 $ l+l+,000.00 $663,607.08

$997,072.77 U9,179.80
$606,292.97 $ 23,377.93 $629.630.90

$21,D4U. 60
28,673.73
$U9,818.33
$28,986.39
$78,80I+.68

National Bank of Athens

BANK BALANCES

$78,8ol+.68

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1993

BALANCE, BEGINNING OF YEAR
ADDITIONS GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents
TOTAL ADDITIONS
DEDUCTIONS PLANT ADDITIONS Buildings Rep airs Equipment
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant
Additions

Funds For Debt
Service

Total

$ 8.36U.28 $___________________ $ 8,361+.28

$UU,0-- 00.--0--0--_--_---_--_--_--_--_--_--_--_---_--_--____________ $UU,000.00

$l+l+,ooo.oo

$l+U,ooo.oo

$ 1+,760.88 19,736.92 2 t 880.93
$23,377.93
$28,986.39

$ 1+,760.88 19,736.92 2,880.93 $23,377.93 $28,986.39

143

STATEMENT OF OPERATIONS OF UNEXPENDED ^PLANT FUNDS For Year Ended June 30, 1953

BUILDINGS
REPAIRS
equipment
Livestock Animal Huso. TOTAL COLTEGE PLANT FUNDDS

Balance

Receipts

July 1, 1952 For Year

$b,761.3b 3,602.9b

$ 8,000.00 29,000.00

Disbursements Balance

For Year

June 30>1953

$ b,760.88 15,736.52

$ 8,OOO.b6 l6,866.b2

$ 8,36U .28

b,500.0 0 2 ,500 .0 0
$bb,ooo.oo

2,061.63 818.90
*23.377.93

2,b3S.37 1,681.10
$28,986.35

STATEMENT OF INVESTMENT IN PLANT For Yea:r Ended June 30, 1953

Year AcQuired

Investment Beginning Of Year

Additions

Deductions

BUILDINGS. Dairy Barn-Lab.
TOTAL BUILDINGS

1952

equipment
Research Servi ces Related Animal Husb. Livestock
TOTAL EQUIPMENT
TOTAL CAPITALIZED

REPAIRS NOT CAPITALIZED

GRAND TOTAL

$30.23P.66 30T238.66

$ b.760,88 $ b,760.88

$13,13b.63 12,756.73

$22,623.63 11,560.35 818.90 2,061.63

$25,891.36 $37.06b.51 $56,130.02 $bl.825.39

$15.736.52

$$7.561.91

Investment End Of Year
$3b,999.5b
4t3U.999.5U
$35,758.26 2b,317.08 818.90 2,061.63
$62,953.87_ $97.955.bl

144

PART VIII THE UNIVERSITY Of' GEORGIA - GEORGIA EXPERIMENT STATION
EXPERIMENT. GEORGIA
Schedule LL - Schedule RR-2

BALANCE SHEET June 30, 1953
ASSETS

I. 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. PLANT FUNDS A. UNEXPENDED Cash In Banks
B. INVESTED IN PLANT Land and Improvements Buildings Equipment
TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 11,1+51.89

$11+3,388*87 96.71
7,710.98

151,196.56 $ 162,61+8.1+5

$ 7,285.38

$231,362.97 1+77,81+1.03 550,069.71+

1,259,273.71+

1,266,559.12

$1,1+29,207.57

I

146

BALANCE SHEET June 30, 1933
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS

.^
93,925.03
0S,
6 >520,I

B. RESTRICTED. Fund Balances
TOTAL GENERAL FUNDS

II. PLANT FUNDS A. UNEXPENDED Fund Balances
B. INVESTED IN PLANT Net Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

* ll,U5l.09
151,196.36
$ 162,61*8.U5

4

7,285.38

1,259,273.7U 1.266,559.12
4l.h29.207.57

147

STATEMENT OF CURRENT INCOME For ear Ended June 30,1953

PUBLIC APPROPRIATIONS

State of Georgia

Regular Operations

United States

Hatch Fund

Adams Fund

Purnell Fund

3ankhead-Jones 5, Fund

^

Bankhead-Jones 9, Fund (Originally R. & M.)

Regional Research Fund (9b3

Title II Fund

TOTAL PUBLIC APPROPRIATIONS

GIFTS AND GRANTS Chemagro Corporation Georgia Canners Association Georgia Institute of Technology Hercules Powder Company Julius Hyman Company International Mineral and Chemical Company National Confectioners Association Refrigeration Research loundation Tennessee Valley Authority Quartermaster Depot
TOTAL GIFTS AND GRANTS

SALES AND SERVICES Bulletins Dairy Products Farm Products Food Processing Products Forestry Products Eatonton Timber Sales Horticultural Products Livestock Meat Miscellaneous Rabbits Scrap Iron Seed Revolving Used Equipment Wool
TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$2 1 0 ,30 0 .0 0

$ 8,600.00
15,000.00 15,000.00 60,000.00
98,1*0 2 .9 5
111*, 822.9U 1*1*,850.00 11.1*80.00
$368,155.89

$218,900.00
15,000.00 15,000.00 60,000.00 98,1*02.95 111*, 822.91* 1*1*,850.00 11,1*80.00
$578,1*55.89

ro
H O
Vj J
o o

oo

$ 750.00
68.1*0 7,2l*0.00 1,500.00 1,750.00
2 ,500 .0 0
1,200.00 6,600.00 16,71*6.38 26,680.88
$ 65,035.66

$ 750.00 68.1*0
7,21*0.00
1 ,500.00
1,750.00
2 ,500.00
1,200.00 6,600.00 16,71*6.38 26,680.88
$ 65,035.66

$ 226,80 11,820*57 31,029.60
330.26
1,81*7.31
10,1*88.77 21*,737.52
50)4.26 69.22 37.79
120.23
587.50 332.92
$ 82.132.75

$ 1*2,110.00
16,1*99,38 $ 58,609.38

$ 226.80 11,820.57 31,029.60
330.26
1,81*7.31 1*2,110.00 10,1*88.77 21*, 737.52
501*.26
69.22 37.79 120.23 16,1*99.38 587.50 332.92
$11*0,71*2.13

148

STATEMENT OF CURRENT INCOME (Cont'd)
OTHER SOURCES Rents from Property Stolen Goods Recovered A.A.A. Parity TOTAL FROM OTHER SOURCES TOTAL CURRENT INCOME
NON-INCOME RECEIPTS Excrow Funds TOTAL CURRENT RECEIPTS

General Income

Restricted Income

Total Income

$ 9,770.5 2,000.00 1,309.93
$ 13,080.51
$305,513.26

$U91,800.93

$ 9,770.5c 2,000.00 1,309.93
$ 13,080.51
I797.31U.19

$ $305,513.26

$ 1,500.00 $h93,300.93

$ 1 ,500 .0 0
$798,8lL.19

149

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

ADMINISTRATIS & GENERAL Controller's Office Director's Office General
TOTAL ADMIN. AND GENERAL
PHYSICAL PLANT
LIBRARY

Fund Classification General Restricted

$ 3,510.50 $ 1,507.50

6,271+.31

5,109.78

16,31+0.92

3,180.38

$ 26.125.73 $ 9,797.66

$ lii.y82.27 $
$ 3 ,8 16 .6 9 $ 3,672.25

Ob.iect Classification

Salaries

Operating

and Wages

Supplies &

Expenses

Eouipment

$ 5,018.00 10,650.00 7,205.92

$ 731+.09
10,935.93

$ 1,379.1+5

$ 22,873.92 $ 11,670.02 $ 1,379.1+5

$ 12,313.91+ $ 3,670.20

$ 29,668.33 $ 1,122.97

$
t 2,695.77

ORGANIZED RESEARCH Agricultural Economics Agricultural Engineering Agronomy - Crops Agronomy - Forage & Pasture Agronomy - Soils Animal Industry S-3 An. Ind. Regional Chemii stry Eatonton Entomology Food Processing Forestry Ga. Mountain Station Home Economics Regional Housing S-8 Title II Poultry ES-ll+3 Horticulture Plant Pathology Primary Station S-9 Regional SM-7 Trust Regional S-l5 Trust Regional S-8 Trust Seed Revolving Fund
TOTAL RESEARCH
TOTAL CURRENT EXPENDITURES

$ 9,095.39
5, 188. 1+8
37,238.77
3,51+8.70

$ 70,665.82 12,11+9.03
30,652.91 17,298.61

$ 69,161.50 12,337.13 51+,723.72 18,61+7.73

11,208.1+7 3U,30U.28

10,558.63
1+2,189.11+
3 ,000.00

17,288.59 1+6,1+1+2.96

7,991.75
26,3 U2 . 1 2
li,200.10
9,527.61+ 3,978.77 1+0,1+89.18
2,722.51+

20,1+06.85
1+3, 1+00.02 18, 31+8.12
56,216.99
3 .000. 00 27, 228.11
19,313.57
8,310.15

2l+,l6l.89 21+, 1+7 0 .0 0 17,1+99.01+
50,772.81
l+,722.09 51,1+149.01
18, 1+87. 1+2
5,781+.91+

l+,65i+.01

1+,031.13

29,107.03 lS,03i+.70
133.01

26,530.09 28,1+23.88 16,800.00
5,819.60 3. 000. 00

1+7,551+. 1+3 1+1,61+9.78
1 2 ,0 2 8 .1+1+
1,175.00
1,1+00.00

1,000.00

10>355.03

$21+0.110.93 $1+79,320.56 $523,787.61

$312,035.62 $1+92,790.1+7 $562,61+5.67

$ 10,32l+.71 2,1+06.52
10,173.13 2,199.58 i+,015.31
26,522.69
3 ,000.00
2,621.36 27,658.20
,!+, 290.1+7
8 93l+.86
2,019.17 111, 291.62
2,516.52
5 I+8 .8I 263. 1+8
5,610.35 1,758.80 2,212.1+3 1+,61+1+-60 1,600.00 1,000.00
1 0 ,3 5 5 .0 3
$11+8,967.61+
$191,1+28.96

$ 275.00 2,593.86 2,99U.83
1+63.20 3,527.77
1,615.35 17,613.91+
758.71 6,036.96
237.51 1,976.66 1,032.17 1,976.1+0
359.1+0 2,k72.3l+
50.00
2,692.11+
$1+6, 676. 21+
$50,751.1+6

NON-EXPENSE Excrow Funds
TOTAL

_______ 1 ,500.00 $3 1 2 ,0 3 5 .6 2 $1+91+,290.1+7

150

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 193

Anonymous Contribution. Columbia Southern Chemical Company Chemagro Corporation Escrow Funds - Timber Georgia Canners Association Georgia Institute of Technology Hercules Powder Company Julius Hyman Company International Min. & Chemical Company F.atonton Timber Sales National Confectioners Association Production Marketing Association Seed Revolving Fund Refrigeration Research Foundation Tennessee Valley Authority Quartermaster Depot United States Public Health Service Velsicol Corporation Batch Fund Adams Fund Purnell Fund Bankhead-Jones , Fund Bankhead- Jones 9, Fund Regional Research Fund Title II Fund State Fund to Match Title II State Fund to Match S-8 Fund State Fund for Poultry Project
TOTALS

Balance Beginning Of Year

Income For Year

$ 3.78 00.00
7o.oo
,.00.00* 1*31.99
1,333.8 130.8
12,363.9U
1*87.60 892.81*
-l,8it3.09
-6,6 36.86
2,00.00 631*. l
2,619.60 U,972.10 U,972.0 2,lOJ*.l

#
7o.oo 1 ,0 0 .0 0
68.1*0 7,2UO.OO 1,00.00 i ,7o .oo 2,00.00 1*2,110 ,,00 1,200.00
16,1*99.38 6,600.00
16,71*6.38 26,680.88
l,000.00 l,0 0 0 . 0 0 60,000.00 98,)402.9 111*, 822.91* 1*1*,860.00 11, It80.00
lt,2lt0.00 It, 000.00
360.00

$ll*lt,378.1*1 $1*93,300.93

Expense For Year

Balance End Of Year

$ 3.78 $

3 1 1 .2lt

186.76

686.9k

8 13 .0 6

1,00.00

I t , 00.00

U62.9U 7,2lt0.00

37.1*

1,1*37.31 1,770 .lj

62.69 1,313.13

120.l

2, 10.1*3

1*3,1*00.02
8 9 6 .It7
lt. 90

121*, 073.92
303.3 1*32.70

10,3.03 722.86
l,000.00

7,037.19
,877.11*
-9 6 .7 1

27,7.00
8.9 0 .7 9

-7,710.98 1,609.21

618.76

l.39

l,0 0 0 . 0 0

l,000.00
6 0 ,0 0 0 .0 0

98,1*02.96

lilt, 822.91*

lt7,U69.60

I6,lt2.10

9,212.0

l*,310.l

2,101*. 00

l*2.0lt

317.96

$1*91*.290.1*7 $11*3,386.87

* Transferred from Agency Funds

151

Employee's Bond Account Grcuo Insurance Retirement Fund Sales Tax Social Security Withholding Tax
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Balance Beginning Of Year

Receipts For
Year

$

$ 2,058.50

7,622.80

17,701.86

550.66

523.57

U9.236.-85

$___________ #77,696.21;

Disbursements for
Year
$ 2,058.50 7,622.80
17,701.86 550.66 523.57
U9.238.85
-$77,696,2k

Balance End of
Year $
$

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1953

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash Balance Julv 1.1952

Receipts For Year

Disbursements Cadh Balance For Year

$ 17,97U.25 #305,513.26 1UU.378.U1 U93.300.93

#162,352.66 #798,81U.19

# # 67,902.19

# 77.696.2U # 25,329.50

#230,25U,85 #901,839.93

#312,035.62 $ 11,U51.89 U9U.290.U7 1U3,388.87
#806,326.09 $15U,8U0.76
# 77.696.2U # 85.9U6.31 $ 7.285.38 $969,968.6U $162,126. lU

BANK BALANCES

Petty Cash

,,

_.

.

State Bank, Griffin* Georgia, Educ. and General Account

Commercial Bank and Trust Company, Griffin, Georgia, Educational & General Account

Commercial Bank and Trust Company, Griffin, Georgia,Agency Funds

Commercial Bank and Trust Company, Griffin, Georgia, Seed Revolving Fund

Commercial Bank and Trust Company, Griffin,I Georg-ia,- Escrow F_unds

Citizens & Southern National Bank, Macon, Georgia, Escrow Funds

Commercial Bank & Trust Company, Griffin, Georgia, Plant Funds

TOTAL

$ 300.00
18,929.65 12U,073.92
7,037.19 3,000.00 1 ,5 0 0 .0 0 7,213.38
162.126.1U

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANCE, BEGINNING OF YEAR
ADDITIONS Government Appropriation - State Sale of Property
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions A. Land B. Bldgs. & Additions to Bldgs. Auditorium & Adm. Bldg., Mountain Station Food Processing Annex Hog Barn Repairs to Flynt Bldg. Repairs to Dwelling Houses Paint and general rapairs to barns Bldg. Material for Machinery Shed at Mountain Station Repairs to Dairy Building G. Improvements Other Than Bldgs. Fencing, Moving Water & Gas Lines, Survey of Land D. Equipment Boiler for Flynt Bldg. Equip. Amd. Bldg., Mt. Station
TOTAL EXPENDED FOR PLANT ADDITIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant
Additions
$67,902.19

Funds For Debt
Service

Total $67,902.19

$ 8,000.00 17',329.50

$ 8,000.00 17,329.50

$25,329.50________________ $25,329.50

$ 9,182.67
38,291.1+9 23,629.09
2,11+2.95 280.25
1,568.71+ 927.56
129.36 31+6.89
3,077.90
3,31+6.95 3,022.1+6
$85,91+6.31
$85,91+6.31
$ 7,285.38

$ 9,182.67
38,291.1+9 23,629.09
2,11+2.95 280.25
1,568.71+ 927.56
129.36 31+6.89
3,077.90
3,31+6.95 3,022.1+6
$85,91+6.31
$85,91+6.31
$ 7,285.38

153

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1993

VALUE OF PLANT, JULY 1, 1992
ADDITIONS DURING 199?"93 Expended from Plant Funds Expended fron Educ ^ Gen. Funds and included in Current Expenses Adiustrnent for Prior Years
TOTAL ADDITIONS
VALUE OF PLANT, JULI 1, 1992, PLUS ADDITIONS
DEDUCTIONS DURING 1992-93 Land Sold Property Dorn Out or Otherwise Disoosed Of
TOTAL DEDUCTIONS

$?9,9)4 6 .3 1
60,U92.1'4 27,798.6U
$16,369.00 19,38?UO

VALUE OF PLANT, JUNE 30, 1993

$1,120,789.09
17U,237.09 $1,299,026. Hi
39,792.140 $1,299,273.7U

154

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1993

Investment Year Beginning Acquired Of Year

Additions

Deductions

Investment End Of Year

LAND

Georgia Experiment Station

123

acres

90

acres

327.07 acres

2U0

acres

291.6 acres

9

acres

6H.U acres

38.22' acres

Georgia Mountain Station

200 acres

172

acres

TOTAL LAND

1889 1907 1937 19)41 19U2 19!i3 19H9 1992
1932 19U8

$223,Hi2.UO
9 ,900.00
$239,U67.)40

$16,369.00 (11.1 9 acres)
>206,777.^0

9,182.67

9,1'2.67
9,9oo.oo

$ 9 ,18 2 .6 7 $1 6 ,36 9 .0 0 $228,2p9.07

IMPROVEMENTS

ines

TOTAL LAND & IMPROVEMENTS

$ 3 ,0 77.9 0 $235,U67.l*0 $1 2 ,260.97

$1 6 ,36 9 .0 0

$ 3,077.90
$2 3 1 ,36 2 .9 7

BUILDINGS Flynt Auditorium oils Laboratory Nutrition Laboratory Old Hort. Building New Hort. Building Dairy Building Cow Testing Building Calf Sleeping Barn Cattle Sleeping Barn Swine Barn Potato Storage House Slaughter House Utility Barn Agronomy Greenhouse Chem. & Hort. Greenhouse Plant Pathology Greenhouse Mud Building General Storage Building Old Mule Barn Fertilizer & Seed Barn Machinery Shed & Mule Barn Drying House Sanford Barn New Gin House Food Processing Lab
Residences & Tenants
Weighing Office and Shed

1929 I9 I4O 19U8 19U0
19U1 1990 19U6 19U8

$ 68,799.99 1,900.00
3 ,000.00
10,083.19
3 ,000.00
90,997.99 8,000.00
1,000.00
900.00 9 ,000.00
2,000.00
700.00
U0 0 . 0 0
2,000.00
1 ,900.00
2,000.00
9 ,000.00 1 ,30 0 .0 0
2,000.00
3 ,000.00 3 ,900.00 2 ,900.00 1 ,900.00
6,000.00
6,000.00
68,3 7 0 .9 1
67,U69.U9
600.00
: 155

$ 3 ,6 2 7 .2 0
3 )4 6 . 8 9
26,1 2 1 . 9 1 1 ,968.7)4

$
3 ,000.00
2 ,900.00
2,000.00

$ 72,1427.19 1,900.00
10,0*5*15
3 ,000.00
90,997.99 8 ,3 )4 6 . 8 9
1 ,000.00 900.00
9 ,000.00 2 ,000.00
700.00
I4 0 0 . 0 0 2,000.00 1,900.00 2,000.00
9 ,000.00 1 ,30 0 .0 0
2,000*00
3 ,000.00 3 ,900.00
1 ,900.00
6,000.00 6,000.00 9U,U92.U2
6 7,0 3 8 .19 600.00

STATEMENT OF INVESTMENT IN PLANT (Cont'd)

Barn (Westbrook Farm) Implement Shed (Young Farm) Peach Packing & Implement Shed Barn (Back of School) Agr. Implement Shed Forage Crop & Grain Dryer Sheep Shed Cattle Feeding Sheds Mule Feeding Shed Pump House Trailers (Housing) New Greenhouse Insectory New Adm. Bldg. ( Arch. Fees) Hog Farrowing B a m Gas House Ent., Forestry, & A.E. Shed Mountain Station Office and Auditorium Utility Office Community Cannery Shop & Fert. House Office (Soils) Livestock Barn Two Residences Cow Barn Forest Tool House Storage Cellar Exhibit Sheds Pottery Dairy building
Three Residences Garage Calf Barn Dairy Barn Sheep Shed Livestock B a m & Machine Shed Materials for New Machinery Shed
Shop Paint and Labor for Barns
TOTAL BUILDINGS
C. EQUIPMENT Trailer Camp Administrative Agricultural Economics Agricultural Engineering Agronomy Animal Industry Chemistry Eatonton Area Project Entomology Food Processing

Year Acquired

Investment

Beginning

Of Year

Additions

Deductions

Investmer End Of Year

19U9 19U9
19S0 19S0 19S2 19S3 19S3

| 1,000.00 600.00
7 ,0 0 0 .0 0 1 ,0 0 0 .0 0 1 ,S 0 0 .0 0 1 ,0 0 0 .0 0
800.00 1 ,6 0 0 .0 0
'U oo.oo 200.00
S,So o.o o
1 1 ,6 1 9 .HU 800.00
6 ,0 0 0 .0 0

$
3 ,7 7 1 .6 2 1,2U S.56 S , 9 6 6 .US

$ H ,Soo.oo

$ 1,000.00 600.00
7 ,0 0 0 .0 0 1 ,0 0 0 .0 0 i,S o o .o o 1 ,0 0 0 .0 0
800.00 1 ,6 0 0 .0 0
Uoo.oo 200.00 1 ,0 0 0 .0 0
1 1 ,6 1 9 .HU 800.00
6 ,0 0 0 .0 0 3 ,7 7 1 .6 2 1,2U S.S6
S , 966.us

19S3
19H8 19U8 19U8 19H8 19U9 19U9 19U9

1 9 ,2 3 U .1 2 7H0.00 72S.OO 200.00
1 ,0 0 0 .0 0 '6 2 s .00
3 ,0 0 0 .0 0 2 S .0 0 20.00
200.00 130.00 1H0.00 H ,Soo.oo
1 ,6 0 0 .0 0
SO. 00
UOO.OO 3 ,2 S O .O O
7 S o .o o
1 ,0 0 0 .0 0
1 ,1 9 0 .0 U

3 8 ,2 9 1 .U 9
2,000.00
129.36 7 S .0 0
9 2 7 .S6

100.00 S o . oo

S7 ,S2 S.6 l 7b0.00 72S.OO 200.00
1 ,0 0 0 .0 0 6 2 S .00
3 ,0 0 0 .0 0 2S.00 20.00
100.00 130.00 lU o.oo U ,Soo.oo
Uoo.oo 3 ,2 S O .O O
7S0.00
3 ,0 0 0 .0 0
1 ,3 1 9 .HO 7 S .0 0
9 2 7 .S6

SliO S.9 1 9 .6 S 8 H .0 7 1 .3 P S 1 2 .1 S 0 .0 0 $U77, 8U1.Q3

$ 1 ,1 n s .30 1 0 ,3 8 S .79 1 U ,9 3 S .0 7
83,U01.17 1 0 S ,U 8 0 .6 2
U 0,lU 7.86 7 0 ,7 3 3 .so 1 0 ,7 2 6 .S 7 2 S ,9 3 2 .7 S
15 6

$ 1 , S O S .91 27S.OO 6 ,8 1 8 .2 2
6 ,2SS.63 3 ,S 2 7 .7 7 1 ,61S.3S 2 2 ,3 7 7 .0 0
U ,617.07 6 ,1 0 7 .U 0

$ 8US.30 731.80
9 6 9 .7S ( 2,018.76

> 300.00 1 1 ,8 9 1 .7 0 1U,U78.27 6,818.22 8 9 ,6 S 6 .8 0
1 0 8 ,0 3 8 .6H 39,7UU.US 9 3 ,1 1 0 .SO 1S,3H3.6H 3 2 ,O H O .lS

STATEMENT OF INVESTMENT IN PLANT (Cont*d)

G. EQUIPMENT (Cont'd) Forestry Georgia Mountain Exp. Station Home Economics Horticulture Library Plant Pathology Primary Station Regional S-8 Project Title II Poultry Carpenter Shop
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Tear Beginning Acquired Of Year

Additions

Deductions

Investment End Of Year

<&

$ 2,359.68 'V

25,21*1.10
1 8 ,3146.87

8,819.15 1,032.17

27,562.85

2,1*72.31*

19,063.25

U,l492.00

18,159.50

50.00

U,323.11

2,692.114

2,086.75

1,97-6.1*0

359.1*0

1,729.9U

552.51

$
51*5.81 1*97.1)14
699.20
929.3h

2,359.68 31*,060.25
1 8 ,8 3 3 .2 3
29,537.75 23,555.25 177520.30
6,085*91 4,063.15
359.1*0
2,282.1*5

$ 1*79,1*02.00 $ 77,905.114 $ 7,237.1*0 $ 550,069.71*

$1,120,789.05 $17l*,237.09 $ 35.752.1*0 $1,259.273.71*

157

PART IX THE UNIVERSITY OF GEORGIA - COASTAL PLAIN EXPERIMENT STATION
TIFTON, GEORGIA
Schedule SS - Schedule XX-1
159

BALANCE SHEET June 30, 1953
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 10.5lU.91

$ 10,51U.91

$ 15,936.51

15,936.51

$ 26,U5l.U2

$ 3,532.35

&18U,675.U0 U27,937.00 315,799.96

928.U12.36

931.9UU.7l $958,396.13

160

BALANCE SHEET June 30, 1953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balances
TOTAL CURRENT FUNDS
XX. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$1,031.75 1+,376.76 5,106.1+0

$ 10,51b.91

15,936.51

$ 26,1+51.1+2

$ 3,532.35

928,1+12.36

931,91+1+. 71 $958.396.13

161

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS AND GRANTS FROM PRIVATE SOURCES Chemagro Corp. Ga. Dept, of Agriculture Georgia Highway Department International Minerals & Chemical Corp. S. E. Massengill Co. Shell Chemical Corp. Tennessee Corp. U. S. D. A., Bureau of Animal Ind. U. S . Golf Association, etc.
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage Crops and Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tidewater Station Tobacco Plant
TOTAL SALES AND SERVICES
OTHER SOURCES Rents A. C. P.
TOTAL OTHER SOURCES
TOTAL CURRENT INCOME

General Income
$273,260.83
$ 1*11*.70 3,81*8.61
50,561.01* 1,1*02.33 229.62
21,806.91* 171.00
15,855.1*1* 573.91
1,781.70 6,31*5.93
2U7.5S 16,769*65 12,361**85
193.51 665.80 7,U.S.llt 2,690.00 $11*3,337.72
$ 2,227.00 966.28
$ 3,193.28 $1*19,791.83

Restricted Income
$ 300.00 18,831*. 1*1* 9,000.00 1,500.00 3,000.00 1,200.00
300.00
2,972.21* 1,798.00 $38`,90l*.68
$38,901*. 68

Total
1273,260.83
$ 300.00
18,83U.ltU 9,000.00
1 ,500.00
3,000.00 1,200.00
300.00 2,972.21* 1,798.00
$ 38.90U.68
$ 1*11*.70 3,81*8.61
50,561.01* 1,1*02.33 229.62
21,806.91* 171.00
15,855.1*1* 573.91
1,781.70 6,31*5.93
21*7.55 16,769.65 12,361*. 85
193.51 665.80 7,1*15.11* 2,690.00
$11*3,337.72
$ 2,227.00 966.28
$ 3,193.28
$1*58,696.51

162

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Fund Classification

General

Restricted

Salaries and
Wages

Operating Supplies & Expense

Equipment

ADMINISTRATIVE AND GENERAL Director's Office General
TOTAL ADM. & GENERAL
PHYSICAL PLANT Plant Operations
LIBRARY

$ 11*,776.66 13,285.1*7
$ 28,062.13
$ 23,360.31 t .83U.6U

$ 11*,11*9.92 $00.61

$ 626.7I* &

8.6ll*.10

1*,170.76

$ ll*.6$0.$3 $ 9.21*0.81* $ 1*.170.76
/f

$ 10,888.38 $ 12.01*1*.09 $ 1*27.81*

$ 3,612.88 $ 1,71*8.$$

1*73.21

ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage & Pastures Grass Breeding Highway Turf Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tobacco Turf
TOTAL ORGANIZED RESEARCH
TOTAL CURRENT EXPENSE

$ 12,31*1*.60
30,6^9.30 9$,Ol!*.78 25,61*9.02
1*,779.19 25,871.50
5,5U0.93
1 2 , 0 8 1 .1 2
10,199.11* 9,533.19
1*9,366.38 7,61*9.66
17,109.89 27,255.61*
1 7 ,5 0 6 .6 8
12,761*. 07

$ 21, 806.68
1,391.75 8,81*7.93
58.32
1,209.91* 6.063.18

$ 9,121*. 59 26,1*99.52 31,802.92
30,012.58 1*,3 2 0 .0 0
11,870.97 5,078.38 7,775.70
7,929.03 8,1*72.1*2
6 ,1*8 7 .2 2
1*2, 916.72
6, 963.12
8,593.50 17,397.78
11*,330.65
1 0 ,6 6 5 .1 6
5.532.73

$ 1,677.31* 3,91*9.78
1*0,795.23 11,556.57
1*59.19 13,680.13
1*1*6.62
1.757.07
2 ,2 7 0 .1 1
1.666.07 1,133.69
6, 1*1*9.66
71*1*.86 8,516.39 9,562.36
3,01*5.63 3,016.61
$80.60

$ 1,$1*2.67 210.00
22,1*16.63 $,886.$$
3 2 0 . 1*0
15.93 2,51*8.35
786.1*5 1,227.02
295.50 130. 1*0 292. 21* -50.15

$363.325.09 $1*20,582.17

$39.377.80 $39,377.80

$255.772.99 $281*.92l*,78

$111,307.91 $131*. 31*1.39

$35.621.99 $1*0.693.80

0N EXPENSE Transfer to Plant Funds
TOTAL DISBURSEMENTS

900.00 $ii21.1*82.17 $39,377.80

163

STATEMENT CIF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1953

Balance Beginning Of Year

1 Receipts

For ^Disbursements

Year

For Year

Balance End Of
Year

Hill Blackett Chemagro Corporation Ga. Dept, of Agriculture Ga. Hignway Department International Minerals &
Cnem. Corp. S. E. Massengill Co. Pennsylvania Refininc Co. Shell Corporation Stone Mt. Grit Co. Tennessee Corporation U. S. Golf Assn., etc. TT.S.D.A., Bureau of Animal
Animal Industry
TOTAL

$ 1,000.00 300.00
1,861+.36 1,500.00
500.00 1,000.00
58.32 10,186.95
$16,1*09.63

$ 300.00
l8,83l+.l}i+ 9,000.00
1,500.00
3 ,000.00
1,200.00
300.00 1,798.00
2,972.21+
$38,90i*.68

$ 1,000.00 300.00
18,831+ .lil* 8,81+7.93
500.00 259.91+ 500.00
58.32 6,10l+.93
2,972.21+
$39,377.80

$ 300.00
2,016.1+3
3 ,000.00 3 ,000.00
91+0.06 500.00
300.00
5,880.02
$15,936.51

* Included in Educational & General Expenditures
Included in Education & General Income

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash balance July 1, 1952

Receipts Disbursements Cash Balance

For Year

For Year June 30,1953

$12,205.25 16,1+09.63
$28,611+.88 $ 1,923.1+3
$30,538.31

$1+19,791.83 $1+21,1+82.17 $10,5li+.91

38,901+.68

39,377.80 15,936.51

$1+58,696.51 $1+60,859.97 $26,1+51.1+2

$ 17,900.00 $ 16,291.08 $ 3,532.35

$1+76,596.51 $1+77,151.05 $29,983.77

BANK BALANCE
Bank of Tifton, Tifton, Georgia Educational & General Account

$ 29,983.77

164

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953
BALANCE, BEGINNING OF YEAR ADDITIONS
Governmental Appropriation - State Transfer From Current Funds
TOTAL ADDITIONS DEDUCTIONS
Expended for Plant Additions Plant Pathology Isolation House Repairs and Equipment TOTAL DEDUCTIONS
BALANCE,END OF YEAR

Funds For Plant
Additions $ 1,923.1*3
17,000.00 900*00
$17,900.00
$ 862.13 15,1*28.95
$16,291.08 $ 3*532.35

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Investment Year Beginning Acquired Of Year_______ Additions

LAND

206.22 Aboriginal Tract

62.97 A Tift #1 "

60.60 A Tift #2

109.50 A Henry Tift Tract $6/77 A Mitchell Tract

21U.70 A Choate

"

165.00 A College n

552.90 A Carson

"

2.25 A Tifton Realty Tract

1.00 A Fulwood Tract

67.00 A Cook County Tract

28.13 A Crimes Tract

U.62 A Saunders Tract

1*28.08 A Decatur Co. Tract

11*80.1*0 A Alapaha Tract

1*7.00 A Alapaha Tract

53.50 A Alapaha Tract

1223.30 A Alapaha Tract

51U.00 A Carpenter Tract

50.00 A Cumby Tract

1919 1925 1932
1935 1935 1936
1937 1937 1937 1937 1938 19U0 19l*0
1939 191*1 191*1 191a 191a 191*1 1950

$ 20,622.00 $ 6,297.00 6,160.00
10,950.00 5,677.00
10,735.00 16,500.00 36,395.00
225.00 300.00 2,675.00 5,626.00 1,600.00 10,626.50
ll*,80l*.00
1,175.00
567.75 12,81*1*.65 17,895.50
3.000.00

5275.92 A TOTAL LAND

*181*.675.1*0

Investment End Of Deductions Year

$

$ 2 0 ,6 2 2 .0 0

6,297.00

6 ,1 6 0 .0 0

10,950.00

5,677.00

10,735.00

16,500.00

36,395.00

225.00

300.00

2,675.00

5,626.00

1 ,6 0 0 .0 0

10,626.50

ll*,80i*.00
1 ,1 75.ou

5 6 7 .7 5

12,81*1*.65

17,895.50

3 ,0 0 0 .0 0

$181*.675.1*0

165

STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment Year Beginning Acquired pf Year______ Additions

Investment End Of Deductions Year_____

B. BUILDINGS Research Building Extension Building Greenhouse Greenhouse Feed Sample House Engineers Shop Farm Machine Shed Hematology Shop Car Shed Main Barn Superintendent's Dwelling Weather Bureau House Horticulture Barn Emplovee1s Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage 'Empioyee1s Cottage Gin and Seedhouse Potato Curing House Seed Drying House Seed Cleaning House Tobacco Packhou.se Tobacco Fertilizer House Tobacco Coring Barn, Steel Tooacco Curing Barn Tobacco Curing B a m Tobacco Curing B a m Tobacco Curing Barn Tobacco Curing Barn ErriDloyee's Cottage Tobacco Pathology Packhouse Soils Laboratory Employee's Cottage Employee's Cottage Employee's Cottage Horticulture Main Barn Employee's Cottage Grass Breeding B a m Pump House Garage Employee's Cottage Employee's Cottage Agronomy Barns - 3 @ $U>000. Fertilizer Building Shed and Storage Barn Agronomy Storage Bara Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage

1937

160,0 0 0 .0 0

$

$

1922

U 6 ,500.00

U ,000.00

23,33 7 .0 0

2 0 0 .0 0

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0

7 3 0 .0 0

1 ,6 0 0 .0 0

6 ,0 0 0 .0 0

U ,000.00

1 0 0 .0 0

3 0 0 .0 0

2 ,0 00 .0 0

2 ,0 00 .0 0

1 0 0 .0 0

2,0 00 .0 0

2j 000.00

1 5 0 .0 0

2,0 00 .0 0

1 0 0 .0 0

2 ,0 00 .0 0

7 ,6 30 .0 0

3 ,0 00 .0 0

3 ,3 0 0 .0 0

1 ,2 0 0 .0 0

3 ,U o o .o o

8 3 0 .0 0

2 0 0 .0 0

3 0 0 .0 0

3 0 0 .0 0

3 0 0 .0 0

3 0 0 .0 0

5 0 0 .0 0

1 ,3 0 0 .0 0

3 0 0 .0 0

19b9

1 ,8 0 0 ,0 0 8 0 0 .0 0

6 0 0 .0 0

5 0 0 .0 0

U ,000.00

2 0 0 .0 0

U o o .o o

0 0 .0 0

5 o .o o

U o o .o o

2 ,0 00 .0 0

2 ,0 00 .0 0

1 2 ,00 0 .0 0

1 ,0 0 0 .0 0

2 ,0 0 0 .0 0

1 ,0 0 0 .0 0

5 5 0 .0 0

1 0 0 .0 0

2 ,8 0 0 .0 0

1 ,5 0 0 .0 0

2 ,8 0 0 .0 0

3 ,0 0 0 .0 0

$6 0 ,00 0 .0 0 U 6 ,500.00 U ,000.00 2 3 ,33 7 .0 0 2 0 0 .0 0 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 7 5 0 .0 0 ],6 0 0 .0 0 6 ,0 0 0 .0 0 14,000.00 1 0 0 .0 0 5 0 0 .0 0 -2 ,0 0 0 .0 0 2 ,1 0 0 .0 0 2 ,0 0 0 .0 0 2 ,1 5 0 .0 0 2 ,1 00 .0 0 2 ,0 0 0 .0 0 7 ,6 50 .0 0 3 ,0 0 0 .0 0 3 ,5 0 0 .0 0 1 ,2 0 0 .0 0 3 ,Uoo.oo 8 5 0 .0 0 2 0 0 .0 0 3 0 0 .0 0 3 0 0 .0 0 3 0 0 .0 0 3 0 0 .0 0 5 0 0 .0 0 1 ,5 0 0 .0 0 3 0 0 .0 0 1 ,8 0 0 .0 0 8 0 0 .0 0 6 0 0 .0 0 5 0 0 .0 0 U ,200.00 U o o .o o UOO.OO 5 0 .0 0 U o o .o o 2 ,0 00 .0 0 2 ,0 0 0 .0 0 1 2 ,00 0 .0 0 1 ,0 0 0 .0 0 2 ,0 00 .0 0 1 ,0 0 0 .0 0 6 5 o .o o 2 ,8 0 0 .0 0 1 ,5 0 0 .0 0 2 ,8 00 .0 0 3 ,0 0 0 .0 0

166

STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment Year Beginning Acquired Q Year

B. BUILDINGS (Cont'd)

Dairy and Dairy Barn

Breeding Barn

Bull Shed

Bull Shed

Employee's Cottage

Employee's Cottage

Superintendent's Cottage

Gas and Oil House

Animal Husbandry Mule B a m

Animal Husbandry Machine Shed

Animal Husbandry Shop

Animal Husbandry Corn Crib

Animal Husbandry Cow B a m

Animal Husbandry Feed and Mill House

Animal Husbandry Cow Bara

Animal Husbandry Storage Barn

Employee*s Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Animal Disease Laboratory

Pump House

Animal Disease Small Animal House

Animal Disease Feed House

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Garage and Barn

Storage Bara

Hog Farrowing House

1951

Cow and Storage Bara

Main Employee's Cottage

Cook County

Employee's Cottage

Barn

Shed

Berrien County

Shed

Shed (old still)

Shed (pump house)

Employee's Cottage

Main Dwelling

Bara

Corn Crib

Employee's Cottage

Barn

Barn aid Shed

Commissary Binding

$ 2 7 * 5 0 0 .0 0 U o o .o o 2 0 0 .0 0 2 0 0 .0 0
1 ,0 00 .0 0 1 ,0 00 .0 0 U ,000.00
2 0 0 .0 0 8 ,0 00 .0 0 1 ,0 0 0 .0 0
2 0 0 .0 0 1 ,0 00 .0 0 2 ,0 00 .0 0 2,8 00 .0 0 3 ,0 00 .0 0 1 ,0 00 .0 0
U o o .o o 1 ,0 0 0 .0 0
2 0 0 .0 0 2 0 0 .0 0 7 1 ,6 8 0 .7U 2 0 0 .0 0 1 ,8 0 0 .0 0 2 0 0 .0 0 1 ,0 00 .0 0 2,8 00 .0 0 2 ,0 0 0 .0 0 2,0 00 .0 0 2,0 00 .0 0 3 ,3 0 0 .0 0 1 0 0 .0 0 5 0 0 .0 0 2 ,5 00 .0 0 1 ,2 00 .0 0 2 ,5 00 .0 0
2 ,5 00 .0 0 U o o .o o 1 0 0 .0 0
3 0 0 .0 0 U o o .o o 3 0 0 .0 0 1 ,0 00 .0 0 3 ,5 0 0 .0 0 5 0 0 .0 0 3 0 0 .0 0 2 ,0 00 .0 0 5 0 0 .0 0 U o o .o o U o o .o o

Additions

Investment End Of Deductions Year

$ 5 ,5 00 .0 0 $ 1 0 0 .0 0

$ 3 3 ,0 0 0 .0 0 U o o .o o 2 0 0 .0 0 2 0 0 .0 0
1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 U ,000.00
2 0 0 .0 0 8 ,0 00 .0 0 1 ,0 00 .0 0
2 0 0 .0 0 1 ,0 0 0 .0 0 2 ,0 00 .0 0 2 ,8 00 .0 0 3 ,0 0 0 .0 0 1 ,0 0 0 .0 0
U oo.oo 1 ,0 0 0 .0 0
2 0 0 .0 0 2 0 0 .0 0 7 1 ,6 8 0 .7U 2 0 0 .0 0 1 ,8 0 0 .0 0 3 0 0 .0 0 1 ,0 0 0 .0 0 2 ,8 0 0 .0 0 2 ,0 00 .0 0 2 ,0 0 0 .0 0 2 ,0 0 0 .0 0 3 ,3 0 0 .0 0 1 0 0 .0 0 5 0 0 .0 0 2 ,5 0 0 .0 0 1 ,2 0 0 .0 0 2 ,5 0 0 .0 0
2 ,5 00 .0 0 U o o .o o 1 0 0 .0 0
3 0 0 .0 0 U oo.oo 3 0 0 .0 0 1 ,0 0 0 .0 0 3 ,5 0 0 .0 0 5 0 0 .0 0 3 0 0 .0 0 2 ,0 00 .0 0 5 0 0 .0 0 U o o .o o U o o .o o

167

STATEMENT OF INVESTMENT IN PLANT(Continued)

Investment

Year

Beginning

Acquired Of Year

Additions

Deductions

Investment End Of
Year

). BUILDINGS (Cont'd)
Decatur County Office and Tobacco Storage Building Tool and Fertilizer B a m General Purpose Barn Tobacco Curing Barn, 1*0 x 60' Tobacco Curing Barn, 1+0 x 120' Superintendent's Dwelling Employee's Cottage Employee's Cottage, 3 ^ $250 Employee's Cottages, 3 ^ $200
Machine Shed, 86 x 36'
Tobacco Curing Barn, 1*0 x 120' Misc. Buildings
TOTAL BUILDINGS
C.EQUIPMENT Administrative and General Physical Plant Library Research
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 6,000.00 $

$

300.00
l+,000.00

1,500.00
3 ,000.00

11,237.13

300.00

750.00
600.00

1,000.00
3 ,000.00

3,220.00

1,212.13

$l*20,i+7i+.87 $ 7,1*62.13

$ 6,000.00 300.00
i*,000.00 1,500.00 3,000.00 11,237.13
300.00 750.00
600.00
1,000.00 3,000.00 1*,1+32.13
$1*27,937.00

$ 7,205.66
9,736.37 12,1*29.96 266,181*. 52

* 3,362.33
1,238.93 21,327.66

$ 5,685.1*7

$ 10,567.99 1*,050.90
13,668.89 287,512.18

$295,556.51
$ 900,706.78

$25,928.92 $33,391.05

$5,685.1*7 $5,685.1*7

$315,799.96 $928,1+12.36

168

GEORGIA

I N S T I T U T E OF T E C H N O L O G Y
FINANCIAL REPORT

FOR THE YEAR ENDING
JUNE 30, 1953

Georgia Institute of Technology Atlanta, Georgia

BALANCE SHEET JUNE 30, 1953

ASSETS

I. CURRENT FUNDS

,A . GENERAL Cash in Bank

$ 86,1*1*8.60

Imprest Cash

3i*, 1*00.00

Utilities Deposit - Technical Inst.

3,000.00

Accounts Receivable

Veterans Administration

$ 50,913.15

Army, Navy and Other

25,939.1*3

Athletic Association Research Contracts

13,687.50
238,568.78 329,108.86

TOTAL GENERAL FUNDS

* ~

"

$ U52,9^7.U6

3. RESTRICTED Cash in 3ank accounts Receivable TOTAL RESTRICTED FUNDS

7l*,81*l*,50
9,008.36

83,852.86

C. a u x i l i a r y Cash in Bank Imprest Cash Accounts Receivaole Veterans Administration Navy athletic Association and Other Stores (Investories) TOTAL AUXILIARY FUNDS

31*7,808.73 3,350.00
11,619.55 5,232.05 3,261*. 85
131*, 970.01*

506, 21*5 .2 2

TOTAL CURRENT FUNDS

$1,01*3,055.51*

II. AGENCY FUNDS Cash in Bank

210,262.1*9

III.

ENDOWMENT FUNDS Cash in Bank For Purpose of the Trust Investments
Georgia Tech Buildings Real Estate W.G.3.T. Radio Station Stocks, Preferred Stocks, Common U. S. Securities Georgia Tech Bonds University System Building Authority Bonds State Hospital Authority Bonds Notes Receivable - Student
TOTAL ENDOWMENT FUNDS

$ 97,711.69 731.08

21*3,006.79 77,629.1*1 U,915.58
5,1*33.75 5,000.00 58,600.00 11*3,000.00
51*5,000.00
25,000.00
3,273.03

1 ,110,858.56
$1,209,301.33

IV. STUDENT LOAN FUflDS Cash in Bank Student Notes Receivable Investments U. S. Government Bonds TOTAL STUDENT LOANS

57,929.79 38,097.06
11*,050.00 $ 110,076.85

170

ASSETS (Continued)
V. PLANT FUNDS A. UNEXPENDED Cash in Bank Investments (Temporary) TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 39U,902.67
195,697.02 $ 590,599.69

$ i,29l*, 1*53.05 12,139,51*8.13 2,602,31*0.32 6.077,1*89 .Ul*

$22.113,830.91*

$22 t70U, 1*30.63

$25,277,126.31*

BALANCE SHEET JUNE 30, 1953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase ^Orders Outstanding Reserves for Work in Progress Surplus TOTAL GENERAL FUNDS

$ 108,559.28 96,577.22 37,801.72
210,019.21* $ 1*52,957.1*6

B. RESTRICTED Fund Balance

8 3 ,8 5 2 .8 6

C. AUXILIARY Accounts Payable Contracts Negotiated Reserves for Stores Surplus TOTAL AUXILIARY FUNDS

39,368.1*7 11,895.00 131*, 970.01*
320,011.71

506,21*5.22

TOTAL CURRENT FUNDS

$ 1,01*3,055.51

II* AGENCY FUNDS

210,262.1*9

III. ENDOWMENT FUNDS Fund Balance

1,209,301.33

IV. STUDENT LOAN FUNDS Fund Balance

110,076.85

V. PLANT FUNDS A. UNEXPENDED Due to Auxiliary Funds Reserve for Bond Sinking Fund Reserve for Callaway No. 1 Fund Balance TOTAL UNEXPENDED

3,181.53
185, 815. 01*
H,23i*.6i*
390,368.1*8

590,599.69

B. EXPENDED Due to Endowment Funds Bonds Payable Equity of University System Building Authority Invested in Plant TOTAL EXPENDED

21*3 , 006.80 2,503,0 0 0 .0 0
3 ,025,010.26 1 6 , 31*2, 813.88

22,113,830.91*

TOTAL PLANT FUNDS TOTAL LIABILITIES

22,701*,1*30.63
$25, 277,126. 81*

172

SUMMARY OF INCOME AND EXPENDITURES For Year Inded June 30, 1933

EDUCRTIuNAL AND GENERAL GENERAL RESTRICTED AUXILIARY

PLANT

OThER NUiML'UCh TIONa L TOTAL

A. INCOME

Student Fees

l,b9b,399.29

Public Appropriations

State of Georgia 1,810,000.00

Other

l8,65b.93

Endowment

8,672.3)4 6,273.32

Gifts & Grants

8Jii2j0.ll

Sales St Services

1,789,218.77

Bookstore Dormitories

500,73U.0l4
296,1430.11

Apartments

173,113.31

Dining Halls Residential Property Military Uniforms

6714,797.79 2U,32l4.68 8 8 ,8 2 1 .2 2

Other Sources

l6,22li.27_____________ 2,8149.85

l,l49U,399.29

199,023.75

2,009,023.75

50,000.00

68,65U.93

512.15 15,1459.81

7,550.00 120,236.63 213,226.7U

` 1,789,218.77

500,73l4.0U

2 9 6 , 1430.11

173,113.31

6714,797.79

2l4,32u.68

88,821.22

3,255.65 124,362.614___ 36,692.1a

TOTAL INCOME

5,118,5114.67 110,370.36l,76l,071.00 259,829.140 135,111.142 7,33U,896.J35

B. EXPENDITURES

Educational & General

Adm. & Gen

308,868.L9

Student Welfare

109,1149.76

Plant Operations

392,0114.53

Library

131,371.60

Instruction

1,711,271.63

Research

l,898,bl8.01

Extension

369,603.06

12,1614.35 76,525.78
2 0 ,9140.90 21,991.014

308,868.b9 109,lb9.76 392,01b.53 lb3,535.95 l,787,797.bl 1,919,358.91 391,59b.10

Auxiliary Enterprises Bookstore Dormitories Apartments Dining Halls Residential Property Military Uniforms Other

1409,007.56 180,926.5L
5b,561,18 590,18b.90
3,b03.86 86,031.b8 12,787.1b

b09,007.56 180,926.5b
5b,561.18 590,l8b.90
3,b03.86 86,031.b8 12,787.1b

Plant Plant Additions Indebtedness Retired Interest on Indebtedness Other

b8l,6bl.77 lib,351.25
66,07b.30 21,731.23

b8l,6bl.77 lib,351.25
66,07b.30 21,731.23

Other Non-Educational Fellowships Scholarships Other

2 3 ,2 1 1 .6 2
82,013.b2 13,920.5b

2 3 ,2 1 1 .6 2
82,013.b2 13,920.5b

TOTAL EXPENDITURES b,920,697.08 131,622.071,336,902.66 683,798.55 119,lb5.58 7 , 1 9 2 , 1 6 5 ^

173

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953
GENERAL INCOME

RESTRICTED INCOME

TOTAL

EDUCATION,iL a ND GENERAL STUDENT FEES
Day School Non-Resident Tuition Matriculation Health Service Slimmer School Other
Extension Division Non-Resident Tuition Matriculation Other
Technical Institute Non-Resident Tuition Matriculation Health Service Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Operations Vocational Funds State Federal TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT Julius Brown Josephine Cloudman Forrester-McRae-Rankin Edmund Magers Daniel Guggenheim-Research Philip H. Lamar - Research Louis H. Wellhouse - Research TOTAL ENDOWMENT
GIFTS AND GRANTS General Education Board - Research General Education Board - Architecture General Education Board - Library TOTAL GIFTS AND GRANTS
SALES AND SERVICES Experiment Station
OTHER SOURCES General & Miscellaneous Income
TOTAL EDUCATIONAL AND GENERAL INCOME

$ U26,636.63 555,099.76 53,022.92 128,609.09 8,7U3.Ul
1*0,971.62
139,361*.65 1,716.1*5
25,566.71 108,1*1*9.73
3,91*0.58 2,277.71* $1,1*91*,399.29

$ 1*26,636.63 555,099.76 53,022.92 128,609.09 8,71*3.1*1
1*0,971.62
139,361*.65 1,716.1*5
25,566.71 108,1*1*9.73
3,91*0.58 2,277.71* Jl.li9it.399.25

$1 ,810,000.00

$1 ,810,000.00

1 1--
OC H *O O O
*8

$ 9,1*22.27

9,1*22.27

9,232.66

9,232.66

$ 18.65U.93 $1 ,828,651*.93

$ 3,851.96

3,851.96

1*,759.97 51.52

1*,759.97 51.52

8.89

8.89

$ 5,589.52
623.98 61.82

5,589.52
623.98
61.82

1

8,672.31*" $ 6,275.32 $ 11*,91*7.66

$ 1*1*0.11 $ 75,000.00 10,000.00
% Bslac.ir1

1*1*0.11
75,000.00
10,000.00
85,1*1*0.11

$1,789,218.77

$1,789,218.77

$ l6,22l*.27

$ 16,221*.27

$5.118,51U.67 $110,370^36 $5,228,885.03

174

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

NON-INCOME Transfers from Gen, Funds - Library GEB Transfers from Restricted Funds TOTAL NON-INCOME
TOTAL EDUCATIONAL & GENERAL RECEIPTS
AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman Glenn Harris Harrison Howell Smith Technical Institute Techwood Towers TOTAL DORMITORIES
APARTMENTS Callaway Callaway No. 1 Burge TOTAL APARTMENTS
DINING HALLS Brittain Technical Institute Bradley Fraternity Sales TOTAL DINING HALLS
RESIDENTIAL PROPERTY Regular Trust Fund Property TOTAL RESIDENTIAL PROPERTY
MILITARY UNIFORMS
YMCA INCOME
OTHER
TOTAL AUXILIARY INCOME
TOTAL AUXILIARY RECEIPTS

GENERAL INCOME

RESTRICTED INCOME

TOTAL

$

120.77

1

120.77

$5,ll8,635.UU

$ 1 0 ,0 0 0 .0 0 $ $ 1 0 ,00 0 .0 0 $

1 0 ,0 0 0 .0 0 120.77
10,120.77

$120,370.36 $5,239,005.80

$ 500,73U.0U

-$ 500,73U.0U

$ 12,512.33 13,360.85 60,917.85 13,350.0U 214,721.90 20,8147.92
55,92l4.7ii 19,605.32 38,86U.36 36,3214.80 $ 296,1430.11

$ 12,512.33 13,360.85 60,917.85 13,350.0U 2U,721.90 20,8U7.92
55,92U.7U 19,605.32 38,86U.36 36.32U .80 $ 296.U30.il

$ 120,398.31 14,968.90
U7.7U6.10 $ 173,113.31

$ 120,398.31 U ,968.90
U7.7U6.10
173,113.31

$ 38U,563.5l 63,018.1*3
131,852.71 95.363.1U
$ 67U.797.79

$ 1 2 ,96 8 .6 8 1 1 ,3 5 6 .0 0
1 2U,32U.6'

$ 88 ,82 1 .2 2

$

1 8 0 .0 0

$

2 ,6 6 9 .8 5

$1 ,7 6 1 ,0 7 1 .0 0

$1 ,7 6 1 ,0 7 1 .0 0

$ 38U,563.5l 63,018.U3
131,852.71 95.363.lU
$ 67U.797.79

$ 1 2 ,96 8 .6 8
1 1 ,3 5 6 .0 0
"1 2U.52U .68

$ 8 8 ,82 1 .2 2

$

1 80.00

$

2 ,6 6 9 .8 5

$1 ,7 6 1 ,0 7 1 .0 0

$1 ,7 6 1 ,0 7 1 .0 0

175

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

GENERAL INCOME

C. OTH.R. NON-EDUCATIONa L ENDG'aMENT Architects Alumni Prize Fund Lloyd C. Daniels Library Fund Broadus E. Willingham Textile Fund TOTAL ENDOWMENT

GIFTS AND GRANTS Alexander-Tharpe Sch. Fund, Inc*

Louis Allis American Brake Shoe Company Anonymous Atlanta Gas Light Co. Atlantic Refining Company Batson Fund Shepard Broad Celanese Corporation Colonial Dames of America Community Enterprises, Inc* H. Dale Critz Foundation, Inc. Displaced Persons Scholarship Douglas Aircraft Col, Inc* Franklin Charities, Inc. Gas Fuel Technology Foundation

J. B. Green Gulf Oil Company John P. Holmes Houston Endowment, Inc. Junior Achievement, Inc. The Kappa Alpha Edu. Found., Inc. The Keever Starch Co, Leon High School Lincoln Foundation Lockheed Management Club Long Corporation Lovetts & Table Supply Food Stores Welfare ID. Leon Lowenstein Foundation, Inc. Lowry Fund McLendon Scholarship Fund Monsanto Chemical Company National Science Foundation North Fulton Dad's Club Edward Orton Jr. Ceramic Foundation Parlett Gas Company Patterson and Dewar Phillips Petroleum Company Sam R. Phillips Elizabeth Ireland Poe Willie Crum Pugh Rayonier, Inc. Research Corporation

Rhodes Fund

Robert & Company Associates

176

RESTRICTED INCOME

TOTAL

$

1 8 .00

*4*4*4.15 5 0 .0 0

~J

5 1 2 .1 5 H?

1 8.00 *4*4*4.15
5 0 .0 0 5 1 2 .1 5

4 3*4,000.00 1 5 0 0 .0 0
2 ,6 00 .0 0
1 ,0 0 9 .1 *4 1 ,0 8 0 .0 0
5 0 0 .0 0
3 5 9 .3 3 U oo.oo 2 ,0 0 0 .0 0 7 5 0 .0 0 1 ,0 0 0 .0 0 8 0 0 .0 0 1 6 0 .0 0 6 00.00 1 ,0 0 0 .0 0 5 ,9 8 5 .0 0 3 7 5 .0 0 1 ,5 0 0 .0 0 3*42.38 1 ,0 0 0 .0 0 5 0 0 .0 0 1 00.00 U o o .o o 2 0 0 .0 0 1 ,0 0 0 .0 0 6 0 0 .0 0
5 0 .0 0 7 5 0 .0 0 5 0 0 .0 0 * 4 ,2 0 7 .0 0 5 0 0 .0 0 5 0 7 .0 0 1 2 ,5 0 0 .0 0 1 5 0 .0 0 1 ,2 0 0 .0 0 1 ,9 2 5 .0 0 *400.00 2 , *400.00
5 0.00 *450.00 2 5 0 .0 0 2 ,5 0 0 .0 0 1 ,8 0 0 .0 0 1 ,0 0 0 .0 0 1 ,2 0 0 .0 0

3*4,000.00 5 0 0 .0 0
2 ,6 0 0 .0 0
1 ,0 0 9 .1 *4 1 ,0 8 0 .0 0
5 0 0 .0 0
3 5 9 .3 3 *400.00 2 ,0 0 0 .0 0 7 5 0 .0 0 1 ,0 0 0 .0 0 8 0 0 .0 0 1 6 0 .0 0 6 0 0 .0 0 1 ,0 0 0 .0 0 5 ,9 8 5 .0 0 3 7 5 .0 0 1 ,5 0 0 .0 0 3*42.38 1 ,0 0 0 .0 0 5 0 0 .0 0 1 0 0 .0 0 *400.00 2 0 0 .0 0 1 ,0 0 0 .0 0 6 0 0 .0 0
5 o .o o 7 5 0 .0 0 5 0 0 .0 0 *4,207.00 5 0 0 .0 0 5 0 7 .0 0 1 2 ,5 0 0 .0 0 i5 o .o o 1 ,2 0 0 .0 0 1 ,9 2 5 .0 0 *400.00 2 , *400.00
5 0.00 U 5 0 .0 0
2 5 0 .0 0 2 ,5 0 0 .0 0 .u, 8 0 0 .0 0 1 ,0 0 0 .0 0 1 ,2 0 0 .0 0

CURRENT INCOME (Continued)
OTHER NON-EDUCATIONaL (Continued) GIFTS AND GRANTS (Continued)
Rossville Memorial Center Rumbold and Company, Inc. Sears-Roebuck Foundation Second-Ponce de Leon Baptist Church Shell Oil Company Silent Hoist and Crane Company J. H. Smith Award Socony-Vacuum Oil Company Southern Airways Square "D" Company T. Earl Stribling Memorial Fund Tellepsen Foundation Texas Company Textile Education Foundation Union Bag and Paper Corporation Union Carbide and Carbon Corporation Universal Oil Products Company Arthur Williams Estate G. Mote Williams Memorial Foundation `Willingham Sash and Door Company
TOTAL GIFTS AND GRANTS
OTHER John King Fund City of Smyrna Study of North DeKalb Area TOTAL OTHER
TOTAL NON-EDUCATIONAL INCOME
TOTAL CURRENT INCOME

GENERAL INCOME

RESTRICTED INCOME______ TOTAL

$ 725.00 $

725.00

270.00

270.00

775.00

775.00

218.50

218.50

2,072.50

2,072.50

85.35

85.35

100.00
U,000.00

100.00
i+,000.00

1,200.00 500.00
1+,203 .1+3

1,200.00
500.00 1+, 203.1+3

1,000.00 2,300.00 3,000.00 3,000.00
500.00

1,000.00
2,300.00 3 ,000.00 3 ,000.00
500.00

2,000.00

2,000.00

1,980.00

1,980.00

1,000.00

1,000.00

207.00

207.00

$120,236.63 $ 120,236763

$ 13,782.61+ $ 80.00
500.00 $ ll+,362.6U $

13,782.61+ 80.00
500.00 ll+,362.61+-

$135,111.1+2 $ 135,111.1+2

$6,879,585.67 $21+5,1+81.78 $7,125,067.1*5

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
President's Office Executive Dean's Office Registrar's Office Controller's Office Public Relations General Administration Vice-President's Office Alumni Placements & Service
TOTAL ADM. & GENERAL

* l"rT " " nr

Fund Classification

General

Restricted

$ 22,011.68
16,801*.80
60^190.87
76,752.91 5,91*6.21*
103,11*2.00
li*,828.1*9
9,191.50
13 08,868.1*9

Object Classification

Operating

Salaries

Supplies

& Wages

& Expenses Equipment

$ 22,011.68
15,381*.60 $

201.26

1*5,1*69.11* 13,21*7.92

76,752.91

5,372.72

573.52

8,31*1.59 92,286.77

11*,319.96

508.53

8,695.92

1*95.58

$196,31*8752"'$107,315.-58

$ 1,218.91* 1,1*73.81
2,513.61*
$ 5,206739

STUDENT WELFARE Infirmary YMCA Dean of Students

# 61,109.86 8,819.93
39,219.97 $109,11*9.76"

$ 1*5,309.89 $ 15,037.23 $ 762.71*

8,819.93

37,815.11

l,l*0l*.86

'$ 91,91*1*.93" $ 16,1*1*2.09 $ ~ 762.71*

PLANT OPERATIONS Buildings and Grounds Power Plant TOTAL PLANT OPERATIONS
LIBRARY

1263,603.73
128,1*10.80
$392,on* .53

$230,123.10 $ 30,279.01* $ 3,201.59 32,920.78 95,1*90.02
$263,01*3.88 '$125,769.00 $ 3,201.59

$1 3 1 ,371.60 $12,161*.35 $ 78,032.1*9 $ 1,759.30 $63,71*1*.16

INSTRUCTION Dean of Faculties Co-op Department Dean's Off'ice-Engr. School Aeronautical Engineering Architecture Ceramic Engineering Chemical Engineering Civil Engineering Electrical Engineering Engr. Drawing & Mechanics Industrial Engineering Mechanical Engineering Textile Engineering TOTAL ENGR. SCHOOL

$ 11*.987.75
23,1*21*. 1*8 15,069.98
1*1*,1*66.29 81*,763.78 32,1*11.18 69,978.96
87,6 51*.69
113,927.31* 76,022.58
59,i87.09 128,07i*.07
59,1*16.87 $770,972.83

>76,1*23.80
101.98
$76,525.78

$ 13,899.96 $ 903.29 $ 181*.50

20,307.13

2,317.35"

80O.O

13,5007317 38,190.71* 137,257.50

1,012.27
2,631*.69
8,91*9.97

"3 5 7 3 7 3,61*0.86 11*,980.11

28,722.1*6

1,961*. 21 l,72l*.5l

59,123.1*9

5,763.93 5,091.51*

70,91*9.15

6,ll*l*.63 10,560.91

92,239.12

5,?27.W 15,760.79

72,055.25

780.61 3,186.72

51,956.37

2,276.26 1*,95U.1*6

117,1*72.70 52,82l*.88

6,587.80 1*,117.75

1*,013.57
2,576.22

$731*.292.00 $ 1*6,159.55 $67,o 1*7.o6

General Studies School Dean's Office Chemistry Industrial Management English Mathematics Modern Languages Music Public Health Physical Training

$ 13,958.33 151,309.83 111*,658.87 9U,360.03 111*,551.68 22,7UU.98
17,600.01*
1U,515.21 1*3,061.72

$ 13, 250.59 125, 6 7 9 ,6 1 109, 335 .22 91, 1*2 5.72 n i , i 7U.oU 22,101.12
1 0 ,107.26
1U,202.27 38, 039. 61*

$ 275.07 1 8 , 26 5 . 1*8 896.89 l,ll*l*.70 1,910.81*
1*06.73 6 , 7 6 8 .0 6
312.91*
5 ,0 2 2 .0 8

$ 1*32.67
7,361*.7i*
1*,1*26.76
1,789.61
1 , 1*66.80
237.13
72U .72

CURRENT EXPENDITURES (Continued)

-------- -

Fund Classification

INSTRUCTION (Continued)

General

Restricted

General Studies School (Cont'd)

Physics Psychology

93,01*7.29 20,091.39

Social Science

36,371.38

TOTAL GEN. STUDIES SCH. IP (J**9 IV* 1J

-- 1-- ~r

Graduate Division Army ROTC Air ROTC Naval Science Summer School
TOTAL INSTRUCTION

$ 27,802.07
9,309.55
l*,608.05
3,011.19 120,881*. 96

Object Classification___________ Operating

Salaries

Supplies

& Wages_____& Expense

Equipment

79,303.23
16, 881. 1*1
35,169.72

5,8l5.U3
1 ,8)46.1*0 557.7I*

^

---- --

7,928.63 1,363.58
61*3.92

$ 27,051.01 4
1*,821.57 3,71*7.66 2,628.50

751.06
636.93 $ 377.81* 286.80

3,851.05 1*82.55 95.89

120,881* .96

a-

zx-"T n!. dd T J T T oft r r q AT

RESEARCH Engr. Experiment Sta. General Research TOi'AL RESEARCH

$1,81*1,1*66.38 $ 20,91*0.90
56,951.63 $1.898,1*18.01 $ 20,91*0.90

$ 1 ,2 1 5 ,0 8 1 .3 1 * $ 3 7 3 ,3 2 8 .6 6 $ 2 7 3 ,9 9 7 .2 8

lxl.3 6 1 i.6 8

5 ,2 5 2 .0 1 * 1 0 .3 3 U .9 1

$ 1 , 2 ^ 6 , 1*1*6 .0 2 $378,5 8 o .T o $28i*,332.19

EXTENSION Administration Evening School Conferences Industrial Education Technical Institute Mutual Security Agency TOTAL EXTENSION

$ 19,770.1*8

$ 19,299.81* $ 1*10.88

109,393.51* 16,337.63

105,261.12 13,728.63

2,603.31 2,609.00

$ 21,991.01*

19,611.50 2,379.51*

218,593.71*

182,1*11.01* 33,61*9.15

$

5,507.67

*:

369,603106 $ 21,997IT $

2.1*67.35 2,730.82
31*2,779.118 $ 1*1*\ m 7 I 0

59.76 1,529.11
2,533.55 309.50
1*,1*31.92

TOTAL EDUCATIONS AND GENERAL E XPENDITURES

$1*,920,697.08 $131,622.07 $3,822.897.91* $768,902.61 $1*60,518.60

NON-EXPENSE

Transfer to Plant Funds

$

Transfers to Restricted Funds

Cash Over & Short

TOTAL NON-EXPENSE

I

58,077.55 10,000.00
23.06
68,100.61

TOTAL EDUC. & GEN. DISB.

$1*,988,797.69

B. AUXILIARY ENTERPRISES BOOKSTORE

$ li09.007.56 _____________$ 62,931*.07 $31*1*,528.01* $ 1,51*5.1*5

DORMITORIES Brown Cloudman Glenn Harris Harrison Howell Smith

9,1*10.73 10,376.68
26,888.57 10,356.31 13,926.38
11,991.03 28,575.28

6,11*2.52 $ 5,92l*.17 16,972.99 6,12i*.96 8,685.95 7,1*25.69 16,69U.31

3,250.01* $ 1*, 1*1*9.11 9,900.20 1*,227.66 5,232.19 1*,559.85 11,866.91

18.17 3.1*0
15.38 3.69 8.21* 5,1*9 H*,06

179

CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

B. AUXILIARY ENTERPRISES (Cont'dT

DORMITORIES (Cont'd)

Technical Institute

$ 18,602.82

Techwood

31,1*85.29

Towers TOTAL DORMITORIES

19,313.1*5 $ l8o,926.5U

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

$ 12,993.08 $ 5,381.01* ? 15,133.1*9 16,31*1.66 11,979.17 7,322.60
* 108,076.33 $ 72,531.26 $

228.70
10.11*
11.68
318.95

APARTMENTS Burge Callaway Callaway No. 1 TOTAL APARTMENTS

$ 19,007.51 3U,651*.06 899.61
$ " 51*,56.18

$ 7,135.1*1* $ 11,872.07

15,390.30 19,232.56 $

238.06

661.55

$ 22,763.80 $ 3 1,766.18 $

31.20
31.20

DINING HALLS Brittain Technical Institute Bradley Fraternity Mgrs. Assn. TOTAL DINING HALLS

$ 317,270.31
56,031* .76 127,250.32
89,629.51 $ 1:90,181*.90

$ 106,1*76.00 $202,601.03 $ 20,868.22 31*,937.31* 1*2,955.50 83,515.37 3,537.32 86,092.19
$ '173,837.01* #1*07,11*5.93 $

8,193.28 229.20 779.1*5
9,201.93

RESIDENTIAL PROPERTY

Regular

$

Trust Fund Property

TOTAL RESIDENTIAL PROP. 4

1,927.27 1,1*76.59 3,1*03.86

#

719.63 $ 1,189.61* $

1,001*.88

1*1*6.71

$ 1,721*.51 1,636.35 $

18.00
25.00 1*3.00

MILITARY UNIFORMS

$ 86,031.1*8

$ 2,899.92 $ 83,131.56

OTHER

$ 12,787.11*

11,31*2.08 $ 686.12 $ 758.91*

TOTAL AUXILIARY EXPEND.

$1,336,902.66

$ 383,577.75 $91*1,1*25.1*1* $ 11,899.1*7

NON-EXPENSE Transfer to Plant Funds TOTAL AUXILIARY DISBURSEMENTS

$ 230,79l*.69 $1,567,697.35

C. OTHER NON-EDUCATIONAL Fellowships Scholarships Other TOTAL OTHER NON-EDUC.

$ 23,211.62 $ 82,013.1*2
13,920.51* ""$119,11*5.56 ' $

23,211.62 82,013.1*2
$ 13,920.51* 105,225.01* $ 13,920.51*

TOTAL CURRENT EXPENDITURES

$6,257,599.71* $250,767.65 $1*,311,700.731,721*,21*8.59 $1*72,1*18.07

180

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL GIFTS AND GRANTS Dr. Chas. A. Thomas-Chemistry General Education Board-Research General Education Board-Library General Education Board-Architecture G. Mote Williams - Textile F. Graham Williams - Architecture TOTAL GIFTS AND GRANTS

BALANCE BEGINNING OF YEAR

RECEIPTS FOR
YEAR

DISBURSE MENTS
FOR YEAR

BALANCE >ND
OF YEAR

$ 20.70
li*,102.50 $

1*1*0.11

2,878.11 10,000.00

75,000.00

219.13

1,665.31 $18,885.75"$ 85,1*1*0.11

$ 1U,5U2.61 12,l6i*.35 75,000.00 101.98 1,1*23.80
$103,232.71*

$ 20.70
713.76
117.15 21*1.51 $ 1,093.12

4

ENDOWMENT

Louis H. Wellhouse-Research

Daniel Guggenheira-Research

Philip H. Lamar - Research

TOTAL ENDOWMENT

$ 122.97 $

61.82 $ 181*.79

5,589.52

5,589.52

623.98

623.98

$ 122.97 -$ 6,275.32 $ 6,398.29

PUBLIC APPROPRIATIONS Vocational Funds

$-5,672.25 $ 18,651*.93 $ 21,991.01* $-9,008.36

TRANSFERS FROM GENERAL FUNDS FOR LIBRARY G.E.B.
TOTAL EDUCATIONAL AND GENERAL

$ 10,000.00

$10,000.00

$13,336.1*7 $120,370.36 $131,622.07 $ 2,081*.76

B. OTHER NON-EDUCATIONAL FELLOWSHIPS

Carnegie Award No. 1*

Carnegie Award No. 5

Carnegie Award No. 6

Carnegie Award No. 7

Carnegie Award No. 9

Delta Air Lines

Gulf Oil Company

Harry E. Johnson

National Science Foundation No. 1

National Science Foundation No. 2

Edward Orton Jr. Ceramic Foundation

Rayonier, Inc.

Research Corporation No. 1

Research Corporation No. 2

Research Corporation No. 3

Research Corporation No. 6

Research Corporation No. 7

Shell Oil Company

Southern Airways

1

Stone Mountain Grit Company

T. Earl Stribling Fund

Tennessee Corporation

Tennessee Eastman Company

Texas Company

TOTAL FELLOWSHIPS

$ 250.00 359*00 700.00 97.00 273.09
10,000.00
175.00
9l*.77
1,237.50 2,200.00
2,200.00 350.00 171.00
125.00 8,11*6.1*9
U9.23 1,810.03 2,085.25 0,323.36

$ 1,500.00 7,000.00
5,500.00
1,200.00 2,500.00
1,800.00
2,072.50 1,200.00
1*, 203.1*3
2,30Q.OO $ 29,275.93

$ 250.00 359.00 700.00 97.00 273.09
1,250.00 i,l*5i*.oo
79*50 3,983.58 1,022.50
1,200.00
978.1a
150.00
1 ,650.00
250.00 1,781.98 1,200.00
3,1*79.59 1*9.23
1,500.1*8 1,503.26 $ 23,211.62

$ 8,750.00 1*6.00
175.00 6,920.50 1,516.1*2
272.27 2,500.00
37.50 1,221.59 1,650.00
550.00 100.00
1*61.52
125.00 8,870.33
309.ss
2,881.99
$56,387.61

181

X RESTRICTED FUNDS (Continued)

BALANCE BEGINNING OF TEAR

RECEIPTS-' FOR
YEAR

B. OTHER NON-EDUCATIONAL

SCHOLARSHIPS

Adair-Oldknow Fund

4 1*11.6l

Air Foroe Aid Society Alexander-Tharpe Fund Louis Allis American Brake Shoe Co.

286.76

$3i*,000.00
500.00
2,600.00

Anonymous Atlanta Gas Light Company Atlantic Refining Company

500.00

1,009.li*
1,080.00
500.00

The Bastain-Slessing Company

825.00

Batson Fund Shepard Broad

300.68

359.33 1*00.00

Carolina Butane Gas Company Celanese Corporation of America Colonial Dames of America

180.00 56.00

2,000.00 750.00

Community Enterprises, Inc.

1,000.00

1,000.00

Community Gas Company H. Dale Critz Foundation, Inc. Delta Tank Mfg. Co. Inc. Displaced Persons Scholarship Douglas Aircraft Company Inc.

360.00 720.00

800.00
160.00
600.00

Educational Scholarship - F.Y.L. Liv 1* Franklin Charities, Inc. Gas Equipment Supply Company Gas Fuel-Technology Foundation

1*,1*22.00
602.60

1,000.00 5,985.00

Georgia Distributors, Inc. Georgia Liquified Petroleum Gas Asso. J. B. Green Wm. P. Heath - Coca-Cola Company

90.00 270.00 375.00 1,085.00

John P. Holmes Fund Hopkins Equipment Company Humble Oil Company Jefferson Mills, Inc. Jesse Jones-Honoring Gen. Clay

90.00
1,900.00
2l*.50
800.00

Junior Achievement

The Kappa Alpha Educational Found, Inc.

The Keever Starch Co.

Leon High School

Lincoln Foundation

Lockheed Management Club No* 1

Lockheed Management Club No. 2

Long Corporation Lovetts & Table Supply No. 1

2.50

Lovetts & Table Supply No. 2

Lovetts & Table Supply No. 3

Lovetts & Table Supply No. 1*

Leon Lowenstein Foundatioh, Inc.

Lowry Fund Kate McGrath Fund

270.00

McLendon Scholarship Fund

Monsanto Chemical Co. Nolan Company, Inc.

180.00
182

375.00
31*2.38
1,000.00
500.00
100.00 1*00.00 200.00 1,000.00 300.00 300.00
50.00
250.00 250.00 250.00
500.00 k,207.00
500.00
507.00

DISBURSE MENTS
FOR YEAR
4 275.00
33,918.71*
1,571.31* 969.00 1*50.00
165.00 257.00 1*00.00
180.00
1,200.00 681.00 200.00 180.00 800.00 270.00
160.00 600.00
900.00 1,000.00
270.00 5,985.00
180.00 750.00 l*5o.oo
90.00 1,822.00
21*.50 1,1*00.00
500.00
200.00
500.00
7.50 2.50 250.00 250.00 250.00
260.00
3,6ll*,66 129.00
167.00 180.00

BALANCE END
OF YEAR
$ 1*11.61 -275.00 368.02 500.00
1,028.66 51*0.11* 630.00 500.00 660.00 1*03.01
800.00
125.00 1,800.00
180.00
1*50.00
3,522.00
332.60
90.00 90.00
635.00 31*2.38
78.00
1*00.00
100.00 1*00.00
500.00 300.00 300.00 1*2.50
21*0.00
592.31* iia.00 500.00 31*0.00

RESTRICTED FUNDS (Continued)

BALANCE BEGINNING OF YEAS

RECEIPTS FOR YEAR

DISBURSEMENT3
FOR IEa R

BALANCE END
OF YEAR

B. OTHER NON-EDUCa TIONAL SCHOLARSHIPS (Cont d)

North Fulton Dads' Club

$ 150.00

L. L. Parlett Memorial Patterson and Dewar

$ 17U.00

1,925.00
1*00.00

Phillips Petroleum Company

1,950.00 2,1*00.00

Sam R. Phillips

50.00

Elizabeth Ireland Poe

l*5o.oo

Willie Crum Pugh

250.00

Rhodes Fund

3,875.00 1,000.00

L. W. Robert

96.91

Robert & Company Associates

1,200.00 1,200.00

Rossville Memorial Center

725.00

Rumbold and Company, Inc.

270.00

Sears-Roebuck Foundation No. 1

200.00

Sears-Roebuck Foundation No. 2

100.00

Sears-Roebuck Foundation No. 3

75.00

Sears-Roebuck Foundation No. 1*

200.00

Sears-Roebuck Foundation No. 5

200.00

Second Ponce de Leon Baptist Chruch Servel, Inc.

660.00

218.50

Silent Hoist and Crane Co.

85.35

Skelly Oil Company

825.00

J. H. Smith Award

100.00

Socony-Vacuum Oil Company Square "D" Company

1*1*6.29

1*,000.00
500.00

Tellepsen Foundation

1,000.00

Textile Education Foudation

3,000.00

Union Bag and Paper Corporation Union Carbide and Carbon Corporation

3,000.00
500.00

Universal Oil Products Company

2,000.00

Arthur Williams Estate

1,980.00

G. Mote Williams No. 1 G. Mote Williams No. 2 G. Mote Williams No. 3

261.00

500.00 500.00

Willingham Sash and Door Co.

207.00

TOTAL SCHOLARSHIPS

121*, 239.85 $90,960.70

$ 112.00 1,125.1*5
2,073.65 10.00
1*50.00 500.00
1,391.00 96.91
1,200.00 61*6.50
180.00
200.00 100.00
75.00 200.00 200.00 218.50
1*95.00 100.00 1,671.33
572.50 2,333.31* 3,000.00
500.00
1,81*2.00 261.00 500.00
500.00
$82,013.1*2

$ 38.00 973.55 1*00.00
2,276.35 1*0.00
-250.00 3,1*81*.00
1,200.00 78.50 90.00
660.00
85.35 330.00
2,77U.96
500.00
1*27.50 666.66
2,000.00 138.00
207.00 fo,Wa5

OTHER Architects Alumni Prize Fund Lloyd C. Daniels Fund John King Fund City of Smyrna Planning Study of North DeKalb Area Broadus E. Willingham Textile Fund
TOTAL OTHER
TOTALS

$ 162.00 1,91*5.61 123.08
$ 2,230.69

$ 18.00 1*1*1*.15
13,782.61* 80.00
500.00 50.00
$11*.871*.79"

$13,386.68 202.01* 331.82
$13,920.51*

$ 180.00
1*1*1*.15 $2,31*1.57
l.ol* 168.18
50.00 $3,l81+.9"l*

$70,130.37 $255.1*81.78 $250,767.65 l7lt814*.SO

183

STATEMENT OF TRUST FIJND BALANCES For Year Ending June 30, 1953

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts and Grants Gain on Investments Income on Investments Transfer from Loan Funds Transfer from Endowment Funds Income on Student Loan Collection of Notes Previously Written Off Transferred from WGST TOTAL ADDITIONS
DEDUCTIONS Transferred to General Funds Transferred to Restricted Funds Transferred to Loan Funds Transferred to Endowment Funds Transferred to Plant Funds Texas Farm Expense Bond Premiums Annuity Payments Insurance Premium TOTAL DEDUCTIONS
BALANCE END OF YEAR
ADD: INCOME OVERDRAWN
BALANCE OF PRINCIPAL END OF YEAR

ENDOWMENT FUNDS

LOAN FUNDS

TOTAL FUNDS

$1 ,11*7,361.15 $117,718.89 $1,265,080.01*

23,933.31*

3,565.00

27,1*98.31*

88.02

88.02

35,881.00

1,322.31

37,203.31

13,71*7.85

13,71*7.85

1,062.57

1,062.57

1,989.53

1,989.53

21*0.00

11*6.1*0

386.1*0

65,000.00

65,000.00

$ 130,390.21 $ 8,005.01 $ 11*6,976.02

$ 11*,91*7.66

$ 11*,91*7.66

5,506.21 $ 1,980.00

7,1*86.21

1,062.57

1,062.57

52,1*53.1*0 998.12

13,71*7.85

13,71*7.85 52,1*53.1*0
998.12

731.25 1,950.00

731.25 1,950.00

31.90

31.90

1 77,681.11 $ 15,727.85 $ 93,1*08.96

$1,208,570.25 $110,076.85 $1,318,61*7.10

$

731.08

$

731.08

$1,209,301.33 $110,076.85 $1,319,378.18

184

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1953

FUND BALANCE BEGINNING OF YEAR

ADDITIONS

FUND BALANCE END
DEDUCTIONS OF YEAR

ENDOWMENT FUNDS Architect Alumni Prize

$

300.00 $

18.00

E. 0. Batson Scholarship

11,031*.10

368.03

Julius Brown

183,318.50

U, 957 .111

Josephine Cloudman Alice Coons

77,91*9.1*1 1*,350.00

U,889.18
96.1*6

Lloyd C. Daniels

5,256.65

187.50

Forrester-McRae-Rankin

1,910.03

57.26

S. Price Gilbert

51,711.82

7U1.58

Daniel Guggenheim Aero.

16.8,111.95

5,806.77

John P. Holmes

5,258.75

217.38

B. Mifflin Hood Chair of Ceramics

56,1*50.39 26,081*.58

C. L. King Memorial

12,500.00

273.1+8

Philip H # Lamar Research

32,000.00

696.97

Mrs. Emma C. Lowry

#3,851.62 ll*,60l*.29

Edmund Magers General

107.93

3.75

T. E. Mitchell

27,797.58 ill,538.22

M. Rich

50.00

Silent Hoist & Crane Co. Prize Awardiss U,935.35

150.00

J. M. Terrell

1*,526.1*9

112.80

Louis Wellhouse

61.82

WGST Broadcasting Station

U,915.58 65,000.00

B. E. Willingham

1,025.00

25.00

TOTAL ENDOWMENT FUNDS

$1,11*7,361.15" $138,890.21

I 18.00 $

300.00

359.33

11,01*2.80

14,896.10 183,379.51*

U,832.30

78,006.29

96.1+6 1+U1+.15

1*,350.00
5,000.00

51.52

1,915.77

52,1+53.1*0

5,926.77 167,991.95

31*2.38

5,133.75

262.50

82,272.1*7

267.7U

12,505.7U

637.13 6,188.90

32,059.81* 502,267.01

8.89

102.79

588.37 85.35

Ul, 71*7.1*3
50.00
5,000.00

110.00

1*,529.29

61.82

69,915.58

50.00

1,000.00

$77,681.11 $1*208,570.25

STUDENT LOAN FUNDS William Ott Alston Memorial Architect G. W. Adair J. Baldwin M. R. Berry 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 Arthur J. Dyer A. French Georgia Federation of Labor Mrs. A. V. Gude Lyman Hall J. M. High Dr. and Mrs. T. P. Hinman

$

522.79 $

15.98

231.87

2.89

537.71*

10.30

51.70

.50

3,073.05

61*. 1*3

1*,000.00
101.70

27.01* .50

11*6.72

1.98

596.08

11.72

595.58

10.01

11,916.23

1*29.30

752.63

9.92

1*59.36

10.00

971+.92 81.01*

120.90
3.06

l , 9l a .88

1,001.10 1*9.11

1,008.08

li*.39

231.88

3.58

1,765.50

31.01

2,331.22

39.1*6

215.11*

1+.21*

$

538.77

231*. 76

51*8.01*

52.20

3,137.1*8

1*,027.01*

102.20

11*8.70

607.80

605.59

12,31*5.53

762.55 1*69.36

1,095.82 81*.10

1,001.10

1,990.99

1,022.1*7

235.1*6

1,796.51 2,370.68

219.38

185

TRUST FUND BALANCES BY FUND (Continued)

STUDENT LOAN FUNDS (Continued) Irving Subway Grating Co. Inc. Edwin Johnson K. A. Foundation C. L. King Memorial Malta Lodge Lona Mansfield Mrs. T. 0. Marshall E. P. McBurney J. A. McFarland T. E. Mitchell Joseph N. Moody Gayle Ninock Quartermaster L. W. Robert Scottish Rite Sam W. Small T. W. Smith J. P. Stevens J. M. Terrell Thomas ton Min a `Clark Thornton Memorial E. .A. Turner Arthur Williams Estate Mrs. Fannie B. Wright TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

FUND BALANCE

BEGINNING

OF YEAR

ADDITIONS

FUND BALANCE END
DEDUCTIONS OF YEAR

$

371.25 $

7.50

$

378.75

506.77

7.03

513.80

88.00

88.00

2,37lwlt7

311*. 83

2,689.30

1,227.37

37.93

1,265.30

9l*l*.l* 8
500.00

11*,66 200.00

959.11* 700.00

10,3147.55

21*1*.26

10,591.81

120.36

1.98

122.31*

17,01i*.87

l,l*2l*.62 $13,71*7.85

1*,691.61*

2,365.00

2,365.00

155.59

2.50

158.09

39,061wl*l* 105.11

1,201*.91 1.26

1*0,269.35 106.37

o i - d.
co CO iH
1--1

1,159.67 105.10

28.73 1.76

106.86

288.90

6.71*

. 295.61*

5,317.06 981.38
1,500.00

126.68 133.02

5,1+1*3.71*
1,111*.1*0
1 ,500.00

396.1*9

8.76

1*05.25

50.70

50.70

2,553.11

69.22 1,980.00

61*2.33

1,011.11

23.00

1,031*.11

~ 117,710.89 * 8,005.81 $15,727.85 $ 110,076.85

$1,265,080.01* $11*6,976.02 $93,1*08.96 $1,318,61*7.10

18 6

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS For Year Ended June 30, 1953

COMMON STOCK

West Point Mfg. Company

Ser. Nos. 7102-3-l*-5-6- and

25970-1-2-3-1*

2,000 shares

RATE OF INTEREST

DATE OF BOOK MATURITY VALUE

MARKET VALUE

$ 1*6,500.00

#
V..00000J1

PREFERRED STOCK Celanese Corporation Ser. No. 9382 Cum. 35 shares

hi

5,133.75 1*,235.00

Georgia Power Company
No. A01U392 - 3 shares
TOTAL PREFERRED STOCK

hi

300.00

339.00

j 5 , 1*3 3 .7 5 $ 'l , 57luOO

CAMPUS REAL ESTATE
836 Cherry Street
81*6 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 885 Plum Street
889 Plum Street
899 Plum Street 905 Plum Street 179 Fourth Street Brown Dormitory Cloudman Dormitory Harrison & Howell Dormitories
TOTAL CAMPUS SEAL ESTATE

$ 2, 808.66 $ 2, 808.66

2,808.66 2,808.66

2,808.66 2,808.66

2,808.66
2,808.66

2,808.66 2,808.66

2,808.66 2,808.66

2,808.66 2,808.66

2,808.66
2,808.66

2,808.66
2,808.66
2,808.66
2,808.66

2,808.66
2,808.66 2,808.66 2,808.66

2,808.66

2,808.66

2,808.66
2,808.66 2,808.66

2,808.66
2,808.66
2,808.66

2,808.63 2,808.63

12,011.55 12,011.55
59,1*36.08 59,1*36.08

1*2,021*.28 1*2,021*.28

81,787.69 81,787.69

$21*3,006.79 $21*3,006.79

OFF-CAMPUS REAL ESTATE Texas Property Lots in Atlanta TOTAL OFF CAMPUS REAL ESTATE

$ 75,399.10 $ 75,399.10 2,230.31 2,230.31
$ 77,029.1*1 $ 77,629.1*1

WGST BROADCASTING STATION

$ 1*,915.58 $266,956.76

GOVERNMENTAL BONDS Series G-No. V6331906 Series G-No. V6331916 Series G-No. V562l*80 Series G-No. Ml*837l*72 Series G-No. Mi*837l*73 Series G-No. Ml*837l*7l* Series G-No. Ml*837l*75

oi

3-1-60

$ 1*,1*00.00 $ 1*,175.60

2*

3-1-6

p

7-1-57

p

7-1-58

p

7-1-58

p

7-1-58

2

7-1-58

1,550.00
5,000.00 1 ,000.00 1 ,000.00 1 ,000.00 1 ,000.00

1,1*70.95
1*,820.00
958.00 958.00 958.00 958.00

ENDOWMENT FUNDS - INVESTMENTS (Continued)

GOVERNMENTAL BONDS
Series F-No. QIOI8I44.U
Series F-No. Q10l81*l*l*3 Series G-No. M6953159
Series G-No. M69OI63I*
Series G-No. C5289783 Series G-No. C5289781* Series G-No. C5289785 Series G-No. 300287H Series G-No. 300288J Series G-No. 300289K Series G-N. 300290L Series F-No. Cl6717l*6
Series F-No. C1717U7 Series F-No. D719885 Series G-NO. D3281889 Series G-No. C$289782
TOTAL GOVERNMENTAL BONDS

RATE OF DATE OF BOOK INTEREST MATURITY VALUE

MARKET VALUE

12-1-57 $ 25.00 $ 21.53

12-1-57

25.00

21.53

3-1-61

1,000.00

955.00

It

3-3-61

1,000.00

955.00

2--

3-3-61

100.00

95.50

1

3-3-61

100.00

95.50

2i 2--
||

3-3-61 12-15-72 12-15-72

100. co
10,000.00 10,000.00

95.50 9,275.00 9,275.00

2

12-15-72 10,000.00 9,275.00

4

12-15-72 10,000.00 9,275.00

7-1-51*

100.00

9U.50

7-1-51*

100.00

9U .50

7-1-51*

500.00

1*72.50

7-1-51*

500.00

1*72.50

2t

3-3-61

100.00

95.50

$58*600.00 $ 5 1 * , 867.61

'HER

Georgia Tech Bonds #788-792

pi

Georgia Tech Bonds #908-915

P

Georgia Tech Bonds #lli*2-lll*6 Georgia Tech Bonds #1182-1186

44

Georgia Tech Bonds #123l*-1238 Georgia Tech Bonds #1387-1390 Georgia Tech Bonds #11*26-11*35 Georgia Tech Bonds #11*36-11*1*5

i
42i

Georgia Tech Bonds #11*71-11*8$

4

Georgia Tech Bonds #1$1*7--1$56

2--

Georgia Tech Bonds #1591-1596

p

Georgia Tech Bonds #1631-1650

g

Georgia Tech Bonds #1873-1877

Georgia Tech Bonds #3358-3367

2

Georgia Tech Bonds #31*91-350$

2

Georgia Tech Bonds #3711-3720

2

TOTAL GEORGIA TECH BONDS

University System Bldg. Auth. #851-861*

3

University System Bldg. Auth. #865-898

3

University System Bldg. Auth. #899-932

3

University System Bldg. Auth. #938-955

3

University System Bldg. Auth. #990-999

3

University System Bldg. Auth. #3291-3315

3

University System Bldg. Auth. #1*651-1*700

3

University System Bldg. Auth. #1*821-1*81*5

3

University System Bldg.- Auth. #1*951-5000

3

University System Bldg. Auth. #50$1-$100

3

University System Bldg. Auth. #5l01-$l50

3

University`System Bldg. Auth. #5201-5300

3

University System Bldg. Auth. #51*01-51*85

3

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY Bonds

5-1-57 5-1-58 5-1-60
5-1-60 5-1 - 6 1 5-1-62 5-1-62
5-1-63 5-1-63 5-1-63 5-1-61* 5-1-61* 5-1-66
5-1-76 5-1-77 5-1-78

$ 5,000.00 $ i*,95i*.5o

8,000.00
5,000.00 5,000.00 5,000.00
,000.00

7,855.20
1*,826.50
1*,826.50
1*,706.50 3 ,708.60

10,000.00 9,27l*.00

10,000.00 9,161*.00
15,000.00 13,71*6.00

10,000.00 6,000.00

9,165.00
5,1*30.00

20,000.00
5,000.00
10,000.00
15 ,000.00
10,000.00

18,100.00
1*,1*06.00 7,660.00
11,391.00
7,530.00

$11*3,000.00 $126,71*1*.80

12-1-77 12-1-78
12-1479 12-1-80 12-1-81
10-1-67
IO-I-7I*
6-1-76
10-1-75 10-1-76 10-1-76
IO-I-77
10-1-78

$ ll*,000.00
31*, 000.00 31*, 000.00
18,000.00

112,856.20
3 1,150.80
31,082.80
1 6 ,1*2 1 .1*0

10,000.00 9,101*.00
25,000-.00 23,877.50 50,000.00 1*6,275.00 25,000.00 23,01*0.00 50,000.00 1*6,155.00 50,000.00 1*6,01*5.00 50,000.00 1*6,01*5.00 100,000.00 91,830.00 85,000.00 77,877.00 l 5i*5,o o o .o o $501,759.70

State Hospital Auth. #1*01*6-1*055 State Hospital Auth #1*211-1*225
TOTAL STATE HOSP. AUTH. REVENUE BONDS

3i 3| 188

U-1-61

$

10,000.00 15,000.00

$

1150,,005705..0000

DETAIL OF ENDOWMENT FTTNDS - INVESTMENTS (Continued)

NOTES RECEIVABLE Student Notes
TOTAL ENDOWMENT FUNDS - INVESTMENTS

RATE OF DATE OF INTEREST MATURITY

BOOK VALUE

MARKET VALUE

$ 3,273.03 $ 3a273>03 $1,110,658.56 $1,350,1+37.10

DETAIL OF LOAN FUND - INVESTMENTS For Year Ended June 30, 1953

GOVERNMENTAL BONDS Series G-No. V6331866 Series G-No. V63303R6 Series G-No, V6331906 Series G-No. V633191 TOTAL GOVERNMENTAL BONDS
NOTES RECEIVABLE Student Loans
TOTAL LOAN FUND- INVESTMENTS

RATE OF DATE OF BOOK INTEREST MATURITY VALUE

MARKET Vi'iLUE

oi

3- 1-60

$ 5 , 000.00 $ U,7U5.00

a

3-1-60

5,ooo.oo

R,7U5.00

If

3- 1-60

600.00

569.Ro

If;

3-1-60

3 ,R 5o.oo

3,27R.05

iil+ ,0 5 o .o o $13,333.R5

$38,097.06 $38,097.06 .#52,lR7.06 $5l,R30.5l

189

WGST - THE GEORGIA TECH STATION
BALANCE SHEET JUNE 30, 1953

ASSETS

Cash

$103,1*55.1*6

Accrued Assets

2,33U.9U

Accounts Receivable (Less Reserve $6,800.00) 1+7,596.1*1

U. S. Treasury Notes

50.000. 00

Funds for Post-War Improvements of Station Equipment, Furniture, Fixtures, etc.

205,508.99
159,969.72

Property at Jasper, Georgia

11.000.

00

Deferred Charges

663.61+

TOTAL ASSETS

$580,529.16

LIABILITIES

Accounts Payable

$ 19,122.73

Contractual Liabilities

l+,000.00

Accrued Accounts for Anticipated Vacations Accrued Audit Fees Social Security

1+,858.15
850.00
1 ,662.63

Reserve for Depreciation of Plant

77,569.90

Reserve for Post-War Improvements of Station 205,508.99

Earned Surplus

266,956.76

TOTAL LIABILITIES

$580,529.16

WGST - THE GEORGIA TECH STATION STATEMENT OF INCOME AND EXPENSES
For Year Ended June 30, 1953

SALES: Network Local National TOTAL
DEDUCT: Agency Commissions Adjustments and Allowances TOTAL
NET SALES
EXPENSES Engineering Studio Selling Administrative TOTAL
OPERATING PROFIT
OTHER CHARGES (NET)
NET INCOME

$ 3U,185.36 21*1,907.98 11*1,1*29.01*
$1*17,522.38
$ 27,1*11.25 1*1*,831.78
$ 72,21*3.03
$31*5,279.35
$ 99,753.32 72,239.19 1*5,1*13.32 55,836.1*0
$273,21*2.23
$ 72,037.12
$ 5,61*6.19
$ 66,390.93

Note:

The above statements pertaining to WGST are for information only. Information contained in these statements is not included in other statements.

191

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Loan Funds TOTAL TRUST FUNDS
PLANT FUNDS
TOTAL

CASH BALANCE "r e c e i p t s JULY I, 1952 FOR YEAR

DISBURSEMENTS CASH BALANCE

FOR YEAR

JUNE 30, 1953

$ -5,989.15 70,130.37
157,785.08 $221,926.30

$5,118,635.1*1* 255,1*81.78
1 ,761,071.00 $7 ,1 3 5 ,188.22

$1*,988,797.69 250,767.65
1,567,697.35 $6,807,262.69

$179,861.82 $1,709,293.80 $1,678,893.13

/H, *i>

123,81*8.60

71*,81*1*.50

351,158.73

$ 51*9,851.83

$ 210,262.1*9

$ 26,038.81* $ 201*,7A1.96 $ 133,069.11 $ 97,711.69

1 A,571.61

1 1 1 ,75U.79

68,396.61

57,929.79

$ 1*0,610.1*5 $ 316,1*96.75 $ 201,1*65.72" $ 155,61*1.1*8

$508,922.77 $ 765,1*75.1*7 $ 879,1*95.57 $ 391*,902.67

$951,321.31* $9,926,1*51*. 21* $9,567,117.11 $1,310,658.1*7

192

statement of agency funds
For Year Ended June 30, 1953

CASH BALANCE RECEIPTS

DISBURSEMENTS CASH BALANCE

JULY 1, 1953 FOR Y E A R ______ FOR YEAR

June 30, 1953

AGENCY FUNDS Alexander Memorial Fund

$ 3,377.88

Checks for Cash

Federal Loan Funds Student Activities Student Bank Tuition Deposit Tech. Inst. Teacher Retirement withholdings

3 ,822.10
2l*, 008.1*2 160.00
16,757.58

Withholding Tax Collections

Held in Trust - Cheng Shu Ons

865.50

Class of 1922 Account

Lock and Key Deposit

3 ,105.81

Ga. Tech Evening School Flower Fund 3 0 ,0 0

Dean Skiles Fund

1*60.53

Controller's Office Flower Fund

-29.1*5

Held in Trust - Roy Oliver

Security Deposits - Apartments Extension Division Short Courses
and conf. Student Lectures and Concerts

2,1*95,35
1,123*76 2,823*82

1928 Memorial Window

90.00

NAEB Convention Registration

33.00

Alumni Foundation Oak Ridge

Tech. Inst. Student Activities

1*20.89

Phi Kappa Sigma. Fraternity

l,09?-.05

Held in Trust - Kirair L. Kevorkian

U. S. Savings Bonds Deductions

1*30.25

APO Student Book Exchange Sale of Surplus Property Sale of Dormitory Furniture

1,322.57 8,322.53 2,03U*70

Held in Trust - Mario Jose Canestri

Chemistry Breakage Books

2,005*30

Military Uniform Trust Account

-6,551**32

Sales Tax - College Inn Tech. Inst. Flower Fund

621*.03 80.23

Tech. Inst. Ring Dept.

801.88

Sales Tax Bradley Dining Hall

23U.90

Sales Tax Brittain Dining Hall Held in Trust-Henry Wong Hung Ting

11*8.13 550.00

E. P. Maxim Class of 19U9 Library Bldg. Fund

19*00

Held in Trust - Gerald B. Fechter Southern Airways Research Fellowsxip 5,860*61*

Ga, Tech Student Council

3,977*93

Parking Fines

1*67.00

Atomic Energy Comm. Grant Proj .#1/30 2,351**26

Research Grant No. E-lUl(c)

Held in Trust - John J. Butscher Held in Trust - Kenneth Purdy

Held in Trust - Preston C. Brooks

500.00 193

*17 1,186.62
3,831.11* 1*, 298.1*8 87,612.77 1*78,072.02 1,110.00
1 1 8 ,071.73
505,1*1*6.99
225.00 3,1*15.00
692.50 59*25
150.00 1,160.00
1,997.00 2,792.89
800.00
7,395.87 15,61*3.00
1,000.00
8,217.25
1,021.31
373.00 2,187.00 25,637.26 10,568.32
58.00 2,120.08
1*,687.15
5,783.1*0
300.00 15.00
63,588.67 26.50
17,982.00 ll*2*.00
1,000.00

317U, 561*.50 3,896.11* 1*, 298.1*8
83,91*9.08 1*7?,361*.11
1,210.00 117,580.1*1* 505,1*1*6.99
865.50 225.00
2,501.00
681*.99 33.01
150.00 1,295.70
2,520.13 2,612.50
33.00
800.00
7,61*0.03 16,735.05
1,000.00 8,568.75
900.00
373.00 163.00 15,391*.32 11,267.30
63.95 2,657.58 1*,1*31*.82 5,1*73.1*5
550.00
19.00 250.00 1,200.00 66,712.97
2,099.26 17,982.00
ll*i*.00 1,000.00

& - 65.00
7,1*85.79 29,716.33
60.00 17,21*8.87
1*,019.81 30.00
1*68. Ol* -3.21
2,359.65
600.63 3,001*. 21
90.00
176.73
78.75 1,1*1*3.88 8,322.53 2,031*.70
1*,029.30
3 ,688.62
-71+.95
71*. 28
261*. 38 1*87.23 1*58.08
50.00 1*,675.61*
853.63 1*93.50 255.00
500.00

AGENCY FUNDS (Continued)

CASH BALANCE RECEIPTS JULY 1, 1902 FUR YEAR

DISBURSEMENTS CASH BALANCE

FOR YEAR

JUNE 30, 1953

Natl. Inst. Health Grant No. E-ll*l (R.1

Research #192

$ 13,521.16

Held in Trust - Sou. Tech. Alum. Sch

$

Chemistry Key Deposits

atomic Energy Mobile Museum

Drama Tech Productions W. A. Alexander Fund Ga. Tech Glee Club Fund Ga. Tech Band Fund

- 336.83
1*5 .0 0
500.00
206.80

Pi Kappa Phi Furniture Acct.

Ga. Tech Faculty Club ODK Student Union Bldg. Fund

- 238.17
1 ,500.00

Winter 1902 Tuition Deposit

Held in Trust - A. A. Perlmutter

Held in Trust - Govt, of Puerto Rico

Held in Trust - Jack R. DeHowitt

Research Grant-RG-2591C-Orj. 1660

1,529.58

Red Barron Fund

1952 Senior Class Mem. Fund

5 .o o

McAfee's Class Trip Held in Trust - Curtis Sanders

51*5 .o o

Tau Alpha Pi Natl. Honor Soc.

Tuition Deposit - Fall 1953 Fall 1902 Tuition Deposit

12,125.00

Summer 1952 Tuition Deposit

325.00

Uncle Henie Picture Fund

19.00

Held in Trust - Thos. J. Feuchtwang

500.00

Held in Trust - Eliezer Chazin

Held in Trust - Gideon Nahari

100.00

Military Uniform Army-Vo. #10373

22,213.16

Held in Trust - Joshua Lynn

Military Uniform Army-Vo. #12028

37,1*15.80

Evening Sch. Sum. Qtr. 1952-Un. Inc.

5,970.50

Edward Scharhorn Rent Fall 1952

1*9.50 '

Held in Trust - Don Allen Melson

Dormitory Deposits

Military Uniform Vo.#ll*110

Held in Trust - Maria Thersa Sallzar

Held in Trust - Ernesto Brahn

Held in Trust - Christian Brahn

W. G. Perry Portrait Fund

Held in Trust - Edward Schonborn

Social Security Withholdings

Held in Trust - Mil. Uniform #Vo. 20603

Mil. U n i f o m Vo. 1171*9

Ext. Div. Summer Fees 1953

Held in Trust - Miss Hung Yin Tsai

Held in Trust - W. K. Anderson, Jr.

Held in Trust - Ray F. Clifton

1*63.50 1*1*.50
900.00 559.1*8
1*2 0 .0 0
1*,655.1*8
75.00 200.00
626.00 503.50
559.00
86.52
1*75.00 22,375.00
10, 200.10
1*7.00 100.00 100.00
1 ,238.00
300.00
1 ,711*.50
500.00 12 ,630.00
32,1*98.79 220.00
1*60.00 680.00
182.00 500.00 5,81*1.98 1*,989.91 29,322.59 26,099.75 1*00.00 507.00 150.00

$ 13, 521.16

$ 1*63.50

9.50 900.00

35.00

398.01
1*5 .0 0

-175.36 500.00

1*,1*55.59
l ,5oo.oo

256.80
1*2 0.00 -38.28

75.00

200.OC 626.00

503.50

1,529.58

559.00

5.00
86.52 51*5.00

282.73
1 ,100.00
22,300.10 325.00

192.27
21,275.00
- 25.00

66.00
600.00

100.00

1,338.00 20,610.30

1 ,602.86

300.00

31,201*. 21

6,211.61*

7,685.00

1*9.50

31*6.50
100.00
10,776.88

153.50
1 2 , 5 3 0 .0 0
21,721.91

220.00

1*60.00

351*. 90

325.10

155.00

27.00

500.00

5,81*1.98

199.28
1 0 , 1 5 6 .8 2

1*,790.63 11*,165.77

26,099.75
1*0 0 .0 0

507.00

150.00

TOTAL AGENCY FUNDS

$1 7 9 , 861.82 $1,709,293.80 $1,678,893.13 $210,262.1*9

194

STATEMENT OF OPERATIONS OF'UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANCE

JULY 1, 1952 RECEIPTS

Land - Lawson Apartments

------------9F 11,523.75

Remodeling - Civil Engr. Bldg.

1,893.91

Repairs to Aeronautics Bldg.

15,000.00

Remodeling A. French Bldg.

Repairs to Administration Bldg.

18,500.00

Remodeling Physics Bldg. Repairs to YMCA

16,000.00

Miscellaneous Improvements -

Fire Hazards

$ 2,28i*.06

Purchase of Property-Misc.

10,255.65

Correction of Fire Law Def.-Harris 15,556.03 Repairs to Swann 31dg.-Ind.Mgt.

6,105.00

Remodeling Dining Room-Bradley

2.22

Increase Floor Space, Research Bldg,

899.00

Correction Fire Law Def.-Brown Remodeling Old Library Bldg.

16,826.1*0

60,000.00

S. Price Gilbert Library Bldg. Plan Butler Type Bldg. Resch. Area 2

11*2.35 7,500.00

Correction Fire Law Def.-Smith Correction Fire Law Def.-Howell

19,205.69 16,231.20

Correction Fire Law Def.-Harrison 27,512.76

Correction Fire Law Def.-Towers Telephone Room Research Bldg

13,736.33

2,500.00

Plans & Estimates-Add. Story Chera.

Annex Bldg.

5,21*2.50

Remodel Callaway Nursery

3,800.00

Correction Fire Law Def1.-Glenn 18,506.16

Correction Fire Law Def. YMCA

29,71*7.81*

Correction Fire Law Def. Infirmary

7,500.00

Correction Fire Law Def. Cloudman 11,892.86

FWA Project No. NP25 Correction Fire Law Def.-Chem. Bldg 25,000.00

50, 000.00

Purchase of a28 Fifth St., N.W.

.37

Correction Fire Law Def.-Burge Apts.

6,000.00

Correction Fire Law Def.-Aeronautics

Bldg.

12,000.00

Purchase of 313 Sixth St.,N.W.

Elect.Dist. Syst.-Bradley Bldg. Area

11*9.66

Special Projects Atlanta & Fulton County 1952-53

5o,5oo.oo

Cherry Street Entrance Gate

Fencing 8th and Cherry Streets

Eighth Street Stone '^all

Elect. Dist. Service for Price Gilbert Library

1*,500. oo

Master Development Plans

1,039.56

Ponce de Leon-Hamphill Ave.

Elect. Sign

Landscaping - Regents 1952-53

2,500.00

Steps Near Architecture Bldg.

Eighth Street Development

170.1*0

Landscaping - Regents 1951-52

2,230.62

DISBURSE MENTS
1 11,523.75 1,893.91 20.90
18,990.82 109.20
11,502.71* 1*,525.63
9,1*1*1.1*6
2,502.22
9,983.99
11*2.35 7,1*51.03 6,1*1*9.80 12,358.1*9 11*,Oil. 93 6,157.06 1,571*.50
1,1*60.00 200.00
2,920.51 33,155.20
3.17 1*,613.06
8,617.21 19.10 6.67
-18.73 1,180.91
591.5U 6,1*51*.1*0 1,926.25
17.10
1*1*2.62
1,088.1*0
170.1*0 2,305.10

BALANCE TRANSFERS JUNE 30, 1953

9 11*,979.10

1 19,500.00

509.18

18,390.80

13,000.00 1,1*97.26

U,000.00 15,1*71*.37

3,755.27 -2,061.91*
3,1*1*3.97
2,500.00
173.60

6,039.33 8,193.71 9,558.51* 6,105.00
899.00
7,016.01
60,000.00

-9,205.69 -2,731.20 -11,512.76
-6,736.33 -267.81*

1*8.97 3,550.20
1,11*1.51 1,988.07
81*2.91* 657.66

-7,506.16 11,252.16
-5,892.86 1,220.00
-11,51*0.00 18.73

3,782.50
3 ,600.00
8,079.1*9 7,81*1*.80 7,1*96.83 1,386.91* 1,220.00 51*,81*2.79
5,993.33

-18.73 1,031.25

12,000.00

-1*8,675.80 6,500.00 2,500.00 8,000.00

1,232.66 1*5.60
573.75 7,982.90

2,965.60 -7l*.l*8 600.00

1*,500.00 596.91*
2,965.60 1,337.12
600.00

7U.1*8

195

OPERATIONS OF UNEXPENDED PLANT FUNDS (Continued)

BALANCFDISBURSE-

JULY 1, 1952_RECEIPTS

MENTS

B A L A N C E ---TRANSFERS JUNE 30, 1 9 &

Cherry Street Utilities Miscellaneous Equipment

$276,81*9.1*8
16,376.38

S. Price Gilbert Library Equip.

Air Conditioning - Textile Lab.

Air Conditioning - Math. Office

Lights for Engr. Draw. & Mech.

Telephone Service

Bradley Bldg. Equipment

1*,018.1*9

Air Conditioning Engr. Draw.& Mech.

$ 158.00
57,380.05 6,000.00 751.52
13 ,000.00
1+79.28

$257,669.35 11,1*1*6.27 17,685.89 6,000.00 751.52 27.55 21*.70 1,997.77

Air Conditioning Unit-Chem. Engr. Lounge Furniture Textile Dept. Air Conditioning Units, Elect. Engr. Air Conditioning Units - Civil Engr. Air Conditioning Units-Physics Dept. Air Conditioning Unit-Exp. Sta.

857.50 2,500.00 1,932.66
523.32 1*81*.9S

875.00 1,932.66

Telephone Room

Air Conditioning Unit-President's

Dining Room Air Conditioning Unit-Ind. Mgt.
Constant Temperatures & Humidity

2,000.00 1,7U5.60

1,717.67

Equip. Exp. Station Rich Foundation-Ind. Engr. Lab. Coolipg Tower for Air Conditioning

10,000.00

-85.1a

Exp. Station Air Conditioning Units-College Inn Debt Service - Brown Dormitory Debt Service - Cloudman Dormitory Debt Service - Harrison Dormitory Debt Service - Howell Dormitory Debt Service - Rental Property

1,120.00
1,085.00
3,000.00
3,000.00
8,061.1*1* 6,1 2 1 .6 1

3,000.00 3 ,000.00 8,061.1*1* 6,1 2 1 .6 1

Trust Funds Planning & Construction Bond Sinking Fund Callaway Sinking Fund Sale of Property

153,887.61 8,07i*.l*0 3,500.00

6,000.00
189,351.1*6 3,160.21*

6,000.00 19,537.31* 151*, 21*2.50

Special Projects Atlanta & Fulton

County 1951-52

52l*.93

TOTALS

$668,1*13.70 $6o5,981*.51* $083,798.55

$ 19,338.13
$ -3 ,609.02 1,321.09 39,69I*.16

-2,162.1*5 1 2 ,500.00 -2,500.00
2,162.1*5
17.50

10,810.00 12,1*75.30
2,162.1*5
2,500.00

267.81*

523.32 1*81*.95
267.81*

282.33 1,71*5.60

10,000.00 85.ia
1 ,120.00
1,085.00

19,537.31*

188,996.57
11,231*. 61*
3,500.00

-52U .93
$590,599.69

Investments

-159,1*90.93 159,3*90.93 195.697.02______________ -195,697.02

TOTALS

$508,922.77 $765.1*75.1*7 $879,1*95.57

$391*, 902.67

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

FUNDS FOR PLANT ADDITIONS

DEBT SERVICE

TOTAL

BALANCE, BEGINNING OF YEAR

1506, ^ 1 .6 9 $16 1,962.01 $668, 1*1 3 .7 0

ADDITIONS Earnings on Temporary Investments

1*,3 1 0 . 5 0

1*, 310.50

Governmental Appropriations State of Georgia - Board of Regents City of Atlanta Fulton County TOTAL GOVERNMENTAL APPROPRIATIONS

#1 9 9 , 023.75 25, 000.00 25, 000.00
#21*9 , 023. 7 5 "

$199, 023.75 25, 000.00 25, 000.00
$21*9 , 023.75

Sale of Property Houses

$ 3, 255.65

$ 3, 255.65

Gifts and Grants Price Gilbert Library

$ 7,550.00

$ 7, 550.00

Transfer from General Funds Repairs to Swan Building Increase Floor Space Research Bldg. Butler Type Building Research Area No. 2 Telephone Room Research Building Electrical Distribution Service for Price Gilbert Library Cherry Street Utilities Air Conditioning Textile Lab. Air Conditioning Mathematics Office Lights for Engineering Drawing and Mechanics Air Conditioning Unit - Chemical Engineering Air Conditioning Unit - Electrical Engineering Air Conditioning Unit - Civil Engineering Air Conditioning Unit - Physics Department Air Conditioning Unit - Industrial Management Constant Temperature and Humidity Equip.-Research Cooling Tower for Air Conditioning - Research TOTAL TRANSFERS FROM EDUCATIONAL & GENERAL

$ 6,io 5 .oo
899.00
7, 500.00 2 , 5 0 0 .0 0
1*,5o o .o o
158.00
6 , 000.00
751.52
13, 000.00
857.50
1, 932.66
523.32
1+81*. 95 1 , 71*5 .6 0 10, 000.00 1 , 1 2 0.00 $ 58,077.55

$ 6,105.00
899.00
7, 500.00 2, 500.00
1*, 500.00
158.00
6 ,000.00
751.52
13, 000.00
857.50
1 , 932.66
523.32
1*81*. 95 1 , 71*5 .6 0 10, 000.00 1 , 120.00 $ 58, 077.55

Transfers from Trust Funds Price Gilbert Library Equipment

$ 52, 1*53.1*0

$ 52, 1*53. 1*0,

Transfers from Agency Funds Harris Memorial Gate Price Gilbert Library
Transfers from Auxiliary Enterprises Remodeling Civil Engineering Building Rental Property Remodeling Bradley Dining Room Remodeling Callaway Nursery Purchase of 128 Fifth Street Electrical Dist. System Bradley Bldg. Area
197

$ 500.00
19.00 1 519.00
$ 1, 893.91 7, 000.00
2.22
3 , 800.00
.37
11*9 .6 6

$ 500.00
19 .0 0 " 1 519.00
$ 1, 893.91 7, 000.00
2.22
3 , 800.00
.37
11*9 .6 6

UNEXPENDED PLANT FUNDS (Continued)

ADDITIONS(Continued) Transfers from Auxiliary Enterprises (Cont'd) Bradley Building Equipment Air Conditioning Unit - President's Dining Room Air Conditioning Unit - College Inn Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Trust Fund Rental Property Bond Sinking Fund TOTAL TRANSFERS FROM AUXILIARY FUNDS

FUNDS FOR PLANT ADDITIONS

DEBT SERVICE

TOTAL

$ 1*79.28 2.000.00 1,085.00
$ 16,1*10.1*1*

$ 3, 000.00 3 ,000.00
8,061.1*1*
6 ,1 2 1 .6 1
6,000.00 JLUU,UJL.CU
$211*, 361*. 25

$ 1*79.28 2,000.00
1,085.00
3 ,000.00 3, 000.00 8,061.1*1* 6 .1 2 1 .6 1
6,000.00 JLUVJyC.U1 C.\J
$230,791*.69

TOTAL ADDITIONS

$387,289.79 $218,691*.75 $6o5,981*.5i*

DEDUCTIONS Expended for Plant Additions Land Lawson Apartments Ares

$ 11,523.75-_______________ $ 11,523.75

Buildings and Additions to Buildings

Civil Engineering Building Aeronautics Building A. French Building

$ 1,893.91
20.90
18,990.82

Administration Building

109.20

Physics Building

YMCA Building

Correction of FireLaw Deficiencies -

it

n it

rt

it

it t

ti

it

ii ii

n

It

II II

t!

II

II

It

ii

nn

ti

it

n ti

it

it

it it

it

it

it ti

ti

it

ti it

ii

"

ii

n



11,502.71*

1*,525.63

Harris Dorm

9,1*1*1.1*6

Brown " Smith "

9,983.99
6,1*1*9.80

Howell "

12,358.1*9

Harrison " 11*,Oil. 93

Towers "

6,157.06

Glenn " Cloudman"

2,920.51
1*,613.06

YMCA

33,155.20

Infirmary

3.17

Chemistry Bldg 8,617.21

Burge Apts.

6.67

Bradley Building

2,502.22

Butler Type Building Research Area No 2 Telephone Room Research Building

7,1*51.03 l,57l*.5o

Callaway Apartments

200.00

128 Fifth Street

19.10

313 Sixth Street TOTAL BUILDINGS AND ADDITIONS

-18.73 $0.56,1*89.87

$ 1,893.91
20.90
18,990.82
109.20
11,502.71* 1*,525.63
9,1*1*1 .1*6
9,983.99 6,1*1*9.80
12,358.1*9 11*,Oil. 93
6,157.06
2,920.51
1*,613.06
33,155.20
3.17 8,617.21
6.67
2,502.22
7,1*51.03 l,57l*.50
200.00 19.10
-18.73 $156,1*89.87

198

UNEXPENDED PLANT FUNDS (Continued)

DEDUCTIONS (Continued) Improvements Other than Buildings Electrical Dist. System Bradley Bldg. Area Cherry Street Entrance Date Fencing Eighth and Cherry Streets Eighth Street Stone Viall Master Development Plan Landscaping Cherry Street Utilities Eighth Street Development TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment Air Conditioning Units - Knowles Building Textile Lab. Mathematics Chemical Engr. Electrical Engr. Brittain Dining Hall Price Gilbert Library Equipment Lights for Engineering Drawing & Mechanics Telephone Equipment Rich Foundation Ind. Eng. Lab. Equipment Bradley Building Equipment TOTAL EQUIPMENT
TOTAL EXPENDITURES FOR PLANT ADDITIONS
Indebtedness Retired Bonds Retired Trust Funds Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Rental Property TOTAL INDEBTEDNESS RETIRED
Other Deductions Interest on Indebtedness Bonds Trust Funds Brown Dormitory Cloudman Dormitory Harrison Domitory Howell Dormitory Rental Property TOTAL INTEREST

FUNDS FOR PLANT ADDITIONS

DEBT SERVICE

TOTAL

$ 1 ,180.91 6 , 1*51*.1*0 1 ,926.2$
17.10 UU2 . 6 2
3 , 393. SO 257,669.35
1 7 0 . 1*0
l27rr25I*.53

t 1 ,180.91 6 , U51*.1*0 1 , 926.25
17 .10 UU2.62
3 ,393.50 257, 66 9 .3 5
1 7 0 . UO
"1271,2517753

$ 11 , 1*1*6 .2 7 6 ,000.00
751.52 875.00
1 , 932.66 1 , 717.67 17,685.89
27.55 2U.7 0
- 85 .1*1 1 , 997.77 1 1*2 , 373762"
$1*81 ,61*1 .7 7

5 1 1 , 1*1*6 .2 7 6 ,000.00
751.52 875.00
1 . 932.66 1 . 717.67 17,685.89
27.55 2U. 7 0
- 85. 1*1 1 , 997.77 # U2 , 373.62
iU 8l , 61*1 .7 7

| 96,000.00 $ 96, 000.00

1 , 1*77.17 1 , 901.85 5 , 71*1 .7 6 1*, 3 0 8 . 5 9 1*, 921.88 m u ,3 51. 25"

1 , 1*77.17 1 , 901.85 5 , 7U l. 76 1*,3 0 8 .5 9 1*, 921.88 $111*,351. 25"

$ 58, 21*2 .5 0 1 , 522.83 1 , 098,15 2, 319.68 1 , 813.02 1 ,078.12
$ 6 6 . 07U.3 0

$ 58, 2U2 .5 0
1, 522.83 1, 098.15 2, 3 1 9 .6 8 1 , 813.02 1 ,078.12 * 6 6 ,0?3

199

UNEXPENDED PLANT FUNDS (Continued)

FUNDS FOR PLANT ADDITIONS

DEBT SERVICE

TOTAL

DEDUCTIONS (Continued) Other Expenditures Not Capitalized Price Gilbert Library Building Plans Plans and Estimates Additional Story Chem. Annex Special Projects Atlanta & Fulton County Planning and Construction TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$ 11*2.35
1 ,1*60.00
591.51* 19,537.3ii $ 21,731.23

4 11*2.35
1 ,1*60.00
591.51* 19,537.31* $ 21,731.23

$503,373.23 $180,1*25.55 683,798.55

$390,368.1*8 $200,231.21 $590,599.69

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953
VALUE OF PLANT, JULY 1, 1952

$17,1*97,686.23

ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational & General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Appraised value of Buildings and Contents Acquired from Public Housing Administration Buildings and Contents Constructed by University System Building Authority TOTAL ADDITIONS
VALUE OF PLANT JULY 1, 1952, PLUS ADDITIONS

$ 1*81,61*1.77
1*60, ^ 18.60

11,899.1*7
1*71* , 91*8.00

3,218,61*l*.ll* ------

1*,61*7,6l.98

$22, 11*5, 338.21

DEDUCTIONS DURING YEAR Houses Sold and Destroyed
VALUE OF PROPERTY LESS DEDUCTIONS

31,507.27 $22,113,830.91*

DEDUCT: PLANT INDEBTEDNESS Bonds Outstanding Due Endowment Funds Equity of University System Building Authority
INVESTMENT IN PLANT:, JUNE 30, 1953

2 ,5 0 3 ,0 0 0 .0 0 21*3 ,006.80
3 ,025,010.26

5,771,017.06

$16,31*2,813.88

2QQ 1

STATEMENT OP INVESTMENT IN PLANT For Year Ended June 30, 1953

INVESTMENT BEGINNING
OF YEAR

ADDITIONS

INVESTMENT

END OF

DEDUCTIONS

YEAR

A. LAND Campus Off-Campus - Willeo Farm TOTAL LAND

$1 , 263, 981.50 $11, 523.75 1 8 , 9U7 .8 0
$1 , 282, 929.30 $1 1 , 523.75

B. BUILDINGS Administration Knowles

$ 70,000.00 $ 1 0 9 .2 0 52, 606.83

Guggenheim Aeronautics

98,000.00

20.90

Aeronautics Shop

2,000.00

Aeronautics Office

1,000.00

688 Cherry Street - Architecture

l ] 800.00

712 Cherry Street - Architecture 66l Plum Street, Architecture Hanger Type Architecture Building

1,800.00
1 '8 00.00
5 ^087.29

Ceramic Engineering Civil- Engineering Electrical Engineering

U9,000.00 155,00 0 .0 0
U5 , ooo.oo

1 , 893.91

Electronics Research (Temporary)

2,000.00

Engineering Drawing & Mechanics

173^000.00

287 Ponce de Leon - Industrial En,gr. 1 ,8 0 0.00

278 Ponce de Leon - Engr. Drawing

1,800.00

Mechanical Engineering

210,000.00

Mechanical Engineering (Temporary)

1,500.00

273 Ponce de Leon, Mech. Engr.

1,800.00

680 Cherry Street, Safety Engr.

1,800.00

Hightower Textile Building

1,097,527.08

Old Shop Building

7^,577.83

Old Shop Annex

2,000.00

272 Third Street Electric Shop Lyman Hall, Chemistry

1,500.00 155,000.00

8,617.21

Chemical Engineering (Temporary)

U,200.00

Chemistry Annex

53,257*50

Chemistry Annex (Temporary) Physics Building

U,200.00
180,070.22 1 1 , 502. 7U

27U Ponce de Leon, Psychology

1,800.00

Military

10,000.00

Rifle Range

3,000.00

718 Cherry Street, Military

1,800.00

73I4. Cherry Street, Air Forces

2,500.00

Classroom Building Plans

3,592.50

Naval Armory A. French Building

102,000.00
70,268.03 18,990.82

Modern Languages

l 6 ,7 l U 81

Engineering Experiment Station

9U,000.00

Calculator Building

130,000.00

719 Cherry Street, Research Area 2

1,800.00

713 Cherry Street, Photo Lab.

1,800.00

709 Cherry Street, Research Annex #U 1,800.00

Naval Research Building

19,9^6.00

White Frame House - Research Architecture Building (Bldg. Auth) Price Gilbert Library (Bldg. Auth.)

3,000.00

1, 1>

07i , U9 5 ,

W ,28
703.U*

201

$1 , 275, 505.25
18,9^7.80
$1 , 29L ,L53. 0'5

$1,800.00 1 ,800.00
1 ,500.00
1 ,800.00

$ 70,109.20 2, 606.83 98, 020.90
2,000.00 1,000.00 1,800.00

5 , 087.29
U9,000.00
156, 893.91 U5, ooo.oo
2,000.00
1 7 3 ,0 0 0 . 0 0 1 ,800.00 1 ,800.00
210, 000.00 1,500.00 1,800.00 1,800.00
1 , 097, 527*08 7U, 577.83
2, 000.00

163,617.21
h ,200.00
53, 257.50
U ,2 0 0 .0 0
191, 572.96
1,800.00 10,000.00
3, 000.00

2, 500.00 3 , 592.50 102, 000.00 89, 258.85 l 6 , 7lU . 8l

9U,000.00
130, 000.00 1, 800.00 1, 800.00 1, 800.00 1 9 , 9U6 .0 0 3, 000.00

l I

,,

p7 U9

57,,

W 9.28 703.lU

INVESTMENT IK PLANT (Continued)

INVESTMENT BEGINNING OF YEAR

ADDITIONS

BUILDINGS (Continued)

Butler Type Bldg, Research No,2

4 7,1*51.03

Storage Building - Research $2 $ Aluminum Building, Research Crystal Oscillator Lab, Research Annex ^3 Hinman Research Building 665 Plum Street, Hotel adm. Swann Building 283 Ponce de Leon, Extension Div . Auditoriun Gymnasium Power Plant

33-,262.50
1*,626.51* 500.00
2,500.00 31*8,071.73
1 ,80 0 .0 0
50,00 0 .0 0
1 ,800.00 266,000.00 2)41,000.00

1,571*.50

Pump Station Post Office Sc Stock Room Garage Sc Warehouse

1,000.00
5,000.00 1 1 ,1*17.67

Greenhouse - 3oiler House

800.00

Greenhouse

1,000.00

268 Ponce de Leon - Veterans Guidance 1,800,00

277 Ponce de Leon - Veterans Guidance 1,800,00

69h Cherry Street, Planning Sr Const, 1,800,00

Library

3l*,63U.97

S, Price Gilbert Library

80,933.15

Hospital YMCA

27,000.00

3.17

70,619.96 37,680.83

Willeo Farm - Three-room house

1*,500.00

Willeo Farm - 3 houses ^fl,500.00

i*,500.00

Willeo Farm - 3 room house

2,250.00

Willeo Farm Barn

900.00

Willeo Farm Outhouse Crenshaw Field House Athletic Office Building Rose Bowl Storage Room

150.00
1 5 ,000.00 70,000.00 1 ,500.00

President's Home 20l* North Ave. - Dr. Brittain Rear 20l* North avenue

102,791.55
1 1 ,700.00 500.00

Brown Dormitory

58,350.57 9,983.99

Cloudman Dormitory

77,21*8.52 1*,613.06

Harris Dormitory

71,321*.09 9,1*1*1.1*6

Howell Dormitory

137,538.20 12,358.1*9

Harrison Dormitory

152,573.1*2 11*,Oil. 93

Glenn, Smith, Towers Dorms Burge Apartments

1,596,880.91* 15,527,37

683,71*2.20

6.67

Callaway Apartments

1,329,51*3.95

Brittain Dining Hall & Additions

196,311*. 83

200.00

Boiler House - Dining Hall

1,000.00

Store St Locker Room-Dining Hall

2,000.00

Bradley Building

166,597.65 2,502.22

167 Fourth Street, Re rial

3,500.00

171 Fourth Street, Rental

13,090.00

179 Fourth Street, Tental

13,500.00

185 Fourth Street, Rental

8,017.58

Rear, 179 Fourth St., Garage Apt.

1,000.00

DEDUCTIONS

B iVESTMENT END OF YEAR

$ 3,500.00

$

7,1*51.03

31,262.50

1*,626.51*

500.00
2,500.00

31*9,61*6.23 1,800.00

50,000.00

1,800.00
266,000.00

21*1,000.00

'1,000.00
5,000.00 1 1 ,1*17.67
800.00

1,000.00
1 ,800.00 1 ,800.00 1 ,800.00 31*,631*.97

80,933.15

27,003.17

108,300.79
1*, 500.00

1*,500.00

2,250.00

900.00

150.00

15,000.00

70,000.00

1,500.00

102,791.55 11,700.00

500.00

68,33l*.56

81,861.58

80,765.55

11*9,896.69

166,585.35

1,612,1*08.31

683,71*8.87

1,329,71*3.95

196,311*.83 1,000.00

2,000.00

169,099.87

13,090.00 13,500.00
8,017.58 1,000.00

202

if J #
I
w
1 1
1*
i
fl
41* Mtm M
n iS *j
m
1
fl
3 1
jy
]
fl jj
(1 9
JB (
>1
m m&
iS

INVESTMENT IN PLANT (Continued)
B. BUILDINGS (Continued) 313 Fourth Street, Rental 317 Fourth Street, Rental 373 Fourth Street, Rental 128 Fifth Street 259 Fifth Street, Rental 260 Fifth Street, Rental 269 Fifth Street, Rental 276 Fifth Street, Rental 286 Fifth Street, Rental 296 Fifth Street, Rental 311 Fifth Street, Rental 313 Sixth Street 29U Tenth Street, Rental
71J4 Techwood, Rental
737 Techwood, Rental 792 Techwood, Rental 682 Plum Street, Rental 835 Plum Street, Rental 875 Plum Street, Rental 879 Plum Street, Rental 885 Plum Street, Rental
889 Plum Street, Rental
899 Plum Street, Rental 905 Plum Street, Rental
836 Cherry Street, Rental 8I4.6 Cherry Street, Rental
850 Cherry Street, Rental 856 Cherry Street, Rental 866 Cherry Street, Rental 870 Cherry Street, Rental
876 Cherry Street, Rental
880 Cherry Street, Rental 886 Cherry Street, Rental 906 Cherry Street, Rental
889 Atlantic Drive, Rental
Lawson Apartme nts Apartment Bldg* #200 Apartment Bldg. #201 Apartment Bldg. #202 Apartment Bldg. #203 Administi*. Bldg. #20U Apartment Bldg. #205 Apartment Bldg. #206 Apartment Bldg. #207 Apartment Bldg. #208 Apartment Bldg. #209 Apartment Bldg. #210 Apartment Bldg. #211 Apartment Bldg. #212 Apartment Bldg. #213 Apartment Bldg. #2lli Administration Bldg. #215 Apartment Bldg. #216 Pavillion Bldg. #217

INVESTMENT BEGINNING
OF YEAR

ADDITIONS

$ 2,250.00
3,600.00 3 ,600.00
12,681.00 4
3 ,600.00 3 ,600.00 3,600.00 3 ,600.00 3 ,600.00 3,600.00 3 ,600.00
10,126.00
ii,500.00
ii,500.00 15,000.00
ii,500.00
2,000.00
1*,000.00
ii,000.00
ii,000.00
ii,000.00
ii,000.00 ii,000.00
ii,000.00 ii,000.00
ii,000.00 ii,000.00
ii,000.00 ii,000.00
U,000.00
ii,000.00 ii,000.00
ii,000.00 ii,000.00
1 ,500.00

19.10
-18.73

26,350.00
lii,li00.00 lii,ii00.00
lii,ii00.00
5,775.00
13 ,125.00 13 ,125.00 13 ,125.00 6,125.00
13,500.00
13 ,500.00 1 3 ,500.00
lii,ii00.00
lii,ii00.00
liijiiOO.OO
6,125.00 12 ,600.00
7,350.00
203

INVESTMENT

END OF

DEDUCTIONS

YEAR

$
$10,107.27
ii,5oo.oo
ii, 500.00
2,000.00

2,250.00
3,600.00
3,600.00 12,700.10
3 ,600.00 3 ,600.00 3 ,600.00 3,600.00
3,600.00
3,600.00 3 ,600.00
ii,5oo.oo
15 ,000.00
ii,000.00 ii,000.00 ii,000.00 ,000.00 ii,000.00 ii,000.00 ii,000.00 ii,000.00 ii,000.00 Ii,000.00 ii,000.00 li,000.00 ii,000.00 ii,000.00 ii,000.00 ii,000.00 ii,000.00
1 ,500.00
26,350.00
iii,Uoo.oo lii,ii00.00 lii,ii00.00
5,775.00
13 ,125.00 13 ,125.00 13 ,125.00 6,125.00 13 ,500.00 13 ,500.00 13 ,500.00
lii,ii00.00 lii,ii00.00 lii,ii00.00
6,125.00 12 ,600.00
7,350.00

INVESTMENT IN PLANT (Continued)

B. BUILDINGS (Continued) Lawson Apartments (Continued) Apartment Bldg. #218 Apartment Bldg. #219 Apartment Bldg. #220 Apartment Bldg. #221 Apartment Bldg. #222 Apartment Bldg. #223 Apartment Bldg. #221+ Apartment Bldg. #225 Recreation Bldg. #226 Apartment Bldg. #227 Apartment Bldg. #228 Apartment Bldg. #229 Apartment Bldg. #230 Apartment Bldg. #231 Shop-Warehouse Bldg. #232 Apartment Bldg. #233 Apartment Bldg. #231* TOTAL BUILDINGS

INVESTMENT BEGINNING
OF YEAR

ADDITIONS

DEDUCTIONS

INVESTMENT END OF YEAR

kP 1 2 , 600.00 6 ,125.00 11*,1*0 0 .0 0 11*,1*0 0 .0 0 11*,1*0 0 .0 0 11*,1*0 0 .0 0 6 , 1 2 5.00
8,750.00
10 ,500.00 16, 800.00 6 ,125.00 11*,1*0 0 .0 0 12*,1*0 0 .0 0 11*,1*0 0 .0 0 l a , 1*1 5 .0 0 l l *,600.00
1*,988.00
$8,981,905.11 $3*109,070.29 $31*507.27

$ 1 2 ,600.00
6,125.00
l l *,1*00.00 l l *,1*00.00 l l *,1*00.00 l l *,1*00.00 6 , 125.00
8,750.00
1 0 , 500.00 16, 800.00
6,125.00
l l *,1*00.00 l l *,1*00.00 l l *,1*00.00 1*1 , 1*15.00 l l *, 600.00 1*,9 8 8 . 0 0
$12,139,51+8.13

C. IMPROVEMENTS OTHER THAN BUILDINGS

Rose Bowl Staads

I 70, 000.00

Tennis Courts Plans - Miscellaneous

1*6,1*28.1+5 1,720.1*14 $

1*1*2 . 6 2

Grant Field Steam & Electric System

91*7,295.03 289,076.01*

258, 850.26

Sidewalks,.Streets, Fences, Etc.

238,978.1*2

11,961.65

Water System

115,536.00

Central Heating Plant (Bldg. Auth,.)

622,051.1*1

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$1,709,03U. 38 $ 893,305.91*

$ 70, 000.00
1*6,1*28.1*5
2 , 163.06
91*7,295.03 51+7,926.30 250,91+0.07
1 1 5 , 536.00
622,051.1+1
$ 2,602,31*0.32

D. EQUIPMENT

Administrative Offices Physical Plant

$ 109,71*6.59 1 5,206.39

661*jl*Ol*,27

25,976.96

Library Hospital Instructional Departments Organized Research Extension Division

617,1*21.35 27,571.1*3
2, 1*1*2, 1 8 7 .1*6 720, 562. 1*6 22, 008. 61*

81,1*30.05 762.71*
109,089.11 273,997.28
1*,1*31.92

Apartments Dormitories Dining Halls College Inn Presidents Home Rental Property

- 91*,566.79 295,212.1*5 11*6,863.51
110, 699.36
38,331*.91 6,675.83

31.20 318.95
11, 958.61*
1,51*5.1*5
1*3 .0 0

Technical Institute

226,990.19

YMCA Lawson Apartments

1*92.20

Architecture Building (Bldg. Auth. ) Library (Bldg. Auth.)

TOTAL EQUIPMENT

#5,523,737.1*1* $

15, 520.00 22, 1*35 .8 8
l,00l*.i*3 553,752.00 ~

111*, 952.98 690,381.23 698,851.1*0
28,331*.17 2,551,276.57
991*,559.71*
26, 1*1*0.56
91*,597.99 295,531.1*0 158,822.15
112, 21*1*.81
38,331*.91 6,718.83
226,990.19
1*9 2 . 2 0 15, 520.00 22, 1*35.88
l,00i*.l*3 $ 6,077,1*89.1*1*

TOTAL INVESTMENT IN PLANT

$17,1*97,686.23 $1*,61*7,651.98 $31,507.27 $22,113,830.91*

PROPERTY UNDER LEASE For Year Ended June 30, 1953

NAVY BASE Building #8 Building #9 Building #10U Building #11 Building #12 Building #13 Building #17 Building #19 Building #20 Building #2k Gymnasium
TECHWOOD DORMITORY
TOTAL BUILDINGS UNDER LEASE

INVESTMENT BEGINNING
OF YEAR

ADDITIONS

$ 150,000.00 198,000.00 33,900.00 79,800.00 79,800.00 79,800.00 121,100.00 171,000.00 171,000.00 135,500.00 100,000.00
250,000.00
$1,569,900.00

DEDUCTIONS

INVESTMENT END OF YEAR

$ 150,0 0 0 .0 0 198,000.00 33,900.00 79,800.00 79 ,80 0 .0 0 79,800.00 121,100.00 171,000.00 171,000.00 135,500.00 100,000.00

250,000.00 $1,569,900.00

205

FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, 19^3
North Georgia College Dahlonega, Georgia

BALANCE SHEET June 30, 1933

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Accounts Receivable Board of Regents Veterans Administration TOTAL GENERAL FUNDS

$ 2, 000.00
11,156.88

$l6,207.7ii 7,251.00

23,1458.7)4

B . AUXILIARY Cash on Hand Cash in Bank Accounts Receivable-Vet<erans Adm. Stores (inventories) TOTAL AUXILIARY FUN]DS

li70.00 60,786.31
863.06 147,355.23



TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank Investments TOTAL AGENCY FUNDS

III.

STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments
TOTAL STUDENT FUNDS

IV. PLANT FUNDS UNEXPENDED Cash in Bank

EXPENDED Land Buildings Improvements other than buildings Equioment
TOTAL EXPENDED

$ Ul,667.65 1,928,21)4.81 1U0,378.47 52)4.832.82

TOTAL PLANT FUNDS

TOTAL ASSETS

BALANCE SHEET June 30, 1953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Contracts Negotiated Unearned Income General Surplus TOTAL GENERAL FUNDS

$

323.63

3,075.06

2,572.00

6,33l*.85

2U,310.08

B. AUXILIARY Accounts Payable

$ 1, 003.90

Purchase Orders Outstanding

2,91*7.79

Unearned Income

7,1*55.60

Reserve for Stores (Inventories)

1*7,355.23

Auxiliary Surplus

50,712.08

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

IX. AGENCY FUNDS Fund Balances

TOTAL AGENCY FUNDS

III. STUDENT LOAN FUNDS Fund Balances

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Accounts Payable Purchase Orders Outstanding Contracts Negotiated Contracts to be Negotiated TOTAL UNEXPENDED

$ 3,099.91* 6,151.75
23,998.00 70,716.88

B. EXPENDED Loans Payable Equity of Univ. System Bldg. Authority Net Investment in Plant TOTAL EXPENDED

$ 3l*,363.92
1*80,218. 1*1 2,120,911.1*2

TOTAL PLANT FUNDS

TOTAL LIABILITIES

$ 36,615.62

$ 109,1*71*. 60

$ 11*6,090.22

$ 23,300.69

$ 23,300.69

$ 6,353.1*1 $ 6,353.1*1

$ 103,966.57

$2,635,093.75

$2,739,060.32 $2,911*,80l*.61*

209

STATEMENT OF CURRENT INCOME For Year Ended June 30, 19$3

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Other TOTAL STUDENT FEES

$ U,376.00 62,113.$0 5,686.30
12,203.8$
902.00

$ 8$,281.6$

PUBLIC APPROPRIATIONS

State of Georgia

Regular Operations

$28$,000.00

Less Amount Unpaid at End of Year

16,207.7U

Plus Amount Paid from Previous Year

$268,792.26 6,21*7.77

27$,0U0.03

OTHER SOURCES Sales Land Script Miscellaneous TOTAL OTHER SOURCES

$

76.10

800.00

1+00.00

1 .276.10

TOTAL EDUCATIONAL AND GENERAL
AUXILIARY INCOME Dining Hall

$361,$97.78 $1 3 3 , 626.38

DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall TOTAL DORMITORIES

$ 7,013.90 11,286.18 9,831.70 3,6$9.90
ll.8lU .9U

U3 , 6 0 6 .6 2

FARM AND DAIRY STAFF HOUSING (REGULAR) STAFF HOUSING (SPECIAL)

1,7UU.71 8,867.17
3,61$.00

VETERAN HOUSING BOOKSTORE

3,8$6.70 1$, 211. 1*$

UNIFORM EXCHANGE

26,OlU.O$

STUDENTS EXCHANGE TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

30.779.2U $267.321.32 $628.919.10

STATEMENT OF CURRENT EXPENDITURES Year Endea June 30, 1953

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
President Coraotroller Registrar General
TOTAL ADM. & GEN.

Fund Classification General

Salaries & Wages

Object Class ification

Operating

Supplies

& Expense

Equipment

$ 12,656.91 1 7 , 3 5 2 . 6U 6,932.90
1 1 ,0 7 6 .2k
$ U8.018.69

$ 11,1499.96 . 1 5 , 73U.58
6,3U0.90 5U8.90
$ 3U.l2l4.3U

$ 1,156.95 l,3a3.66 500.00
10,527.3a $13,527.95

$ 27a.ao 92.00
$ 3 6 6 .ao

STUDENT WELFARE Dean of Men Dean of Women Student Hospital General TOTAL STUDENT WELFARE

$ 6,115.37 3 , 0 7 0 . Oli 9,728.60
3,561.93 $ 22.U75.9U

$ 5,876.35 3,020.oa 7,a36.68
2.U31.65 $ 18,761*. 72

$ 239.02 50.00
2,291.92 1,130.28
$ 3.711.22

PHYSICAL PLANT Ooerations Utilities TOTAL PHYSICAL PLANT
LIBRARY

$ 67,829.08 5,155.65
$ 72.98U.73
$ 19,179.88

$ 36,325.57 $22,388.67 5.155.65
$ 36,325.57 $27.5aii.32
$ 9,aa5.36 $ 5.238.8a

$ 9 , 11a.sa $ 9,11a.pa $ a,a95.68

INSTRUCTION Dean of Faculty Biology Business Administration Chemistry Education Guidance Home Economics Languages & Literature Mathematics Military Physical Education Physics Social Science Summer Session TOTAL INSTRUCTION TOTAL EDUC. & GEN. EXP.

$ 6,782.20 1)4,868.76
18,217.U3 12,170.05 114,227.30
5,018.90
6,373.87 29,U53.21
12,920.62
1,567.35 16,1477.61 12,175.61 10,031.07 26.019.81 $ 186,303.79 $ 3R8,963.03

$ 6,a29.87 13,189.08 12,713.58 9,382.50 13,508.)40
a ,233.82 5,316.89 2 8 , 9 0 a .28
12,623.17 1,126.79
ll,8a2.U7 9,733.73 9,713.28
25.5a3.50
$16U,261.36
$262,921.35

$ 352.33 1,300.68
ai8.53 1,697.90
6 7 a . 65 785.08 982.60
5U8.93 222.a5 aao.56 1,735.28 1,835.83 317.79 a76.31 $11,788.92
$61,811.25

$ 379.00
5,085.32
1, 0*9 .6 5
aa.25
7 a .38
75.00
2,899.86 606.05
$10,253.51 $2a,230.a3

NON EXPENSE Transfer to Plant Funds
TOTAL EDUC. AND GEN. DISB.

$ 32,U55.00 $ 38l,4l8.03

STATEMENT OF CURRENT EXPENDITURES (Continued)

AUXILIARY ENTERPRISE Dining Hall
DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall TOTAL DORMITORIES
FARM AND DAIRY
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
VETERAN HOUSING
BOOKSTORE
UNIFORM EXCHANGE
STUDENTS EXCHANGE
TOTAL AUXILIARY EXPENSES
NON-EXPENSE Transfer to Plant Funds
TOTAL AUXILIARY DISB.
TOTAL CURRENT EXPENDITURES

Fund Classification General

Object Classification

Operating

Salaries
& Wages

Supplies & Expense

Equipment

$128,761.59

$ 36,U70.00 $ 90,292.36 $ 1,999.23

$ 7,225.25 10,011.17 21,169.36 U,83U.77 I3t.6ii0.9ii
i s .m v u 'r
$ 185.79
$ 8,326.83
$ 937.11 $ l,77ii.8U
$ 13,376.00
$ 10,017.20
$ 28,208.31
$2ii8,U69.l6

$ 3,569.18 3,175.91
7,871.71 1,U87.2U
U.12U.39 4 20,228 . U3

$ 3,512.81 5,610.77
12,220.62 2,875.56 6,009.03
$ 30,228.81

$

lUO.lU $

U5.65

$ 2 ,Ul5 . 6o $ 5,3 0 5 .1 2

$ 793.25 $ 1U3.86

$ 1,177.33 $ 597.51

$ 2.1UU.0U $ 11,231.96

$ 90U.60 $ 9 , 1 1 2 .6 0

$ U,505.25 $ 23.U95.21

$ 68.778.6U $170,U53.08

$ 1 U3 .2 6 1,22U.U9 1,077.03 U71.95 3,507.52
$ 6.U2U.25
$ 606.11
$ 207.85 $ 9.237.UU

# 26,U89.73 I27U.958.91 $*656,376.9lw

$331,699.99 $232,26U.33 $33,U67.87

STATEMENT OF TRUST FUND BALANCES' Year Ended June 30, 1953

BALANCE OF PRINCIPAL BEGINNING OF YEAR
ADDITIONS Receipts Income on Investments Income on Loans Senior Class Loan Fund Established TOTAL ADDITIONS
BALANCE OF PRINCIPAL END OF YEAR
212

$ 135.00 7.30
UOO.OO

Loan Funds $ ,811.11
5U2 . 3Q $ 6 ,353.1*1

STATEMENT OF TRUST FUND BALANCES BY FUND Year Ended June 30, 1953

LOAN FUNDS John W. Moore Senior Class
TOTAL TRUST FUNDS

Fund Balance Beginning Of Year

Additions

$ 5, 811.11 $ 5 , 811.11

$ 1U2 .3 0
Uoo.oo
$ 5U2 .3 0

SUMMARY OF TRUST FUND INVESTMENTS Year Ended June 30, 1953

Deductions

Fund Balance End Of Year

$ 5 , 953. U1 400.00
$ 6 , 353. U1

LOAN FUNDS Bonds-Govermental Student Notes Receivable TOTAL LOAN FUNDS
TOTAL TRUST FUND INVESTMENTS

Book Value
$ 5, ooo.oo
155.00
$ > ,i ?5 .oo
$ 5 ,i 55.oo

Market Value
$ 5 , ooo.oo
155.00
$ 5 , 155.00
$ 5 , 155.00

STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30, 1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS LOAN FUNDS PLANT FUNDS
TOTALS
Bookstore Deposits Uniform Deposits Breakage Deposits Miscellaneous Deposits Student Activities
TOTALS

Cash Balance July 1, 1952

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1953

$ 32,977.13 $ 361,597.78
68,893.90 . 267,321.32 r 101,871.03 $ 628,919.10

$ 381,1418.03 $ 13,156.88

271*,958.91

61,256.31

$ 656,376.9U $ 7l4,U13.19

$ 18,1488.87 $ 57,8149.99 $ 53,352.67 $ 22,986.19

$

696.11 $

622.30 $

120.00 $ 1.198.U1

$ 56,287.18 $ Ii46,9l4l4.75 $ 99,265.36 $ 103,966.57

$ 177,3143.19 $ 8314,336.114 $ 809,1114.97 $ 202.56U.36

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1953

Cash Balance July 1, 1952 $ 3714.80
1,555.23
7,057.15 454.28
9 .OU7 .I4I $l8,ii88.07
213

Receipts For Year
$ 35,1452.72 6,060.35 3.10 16,333.82
$ 57.849.99

Disbursements For Year
$ 30,915.61
,3214.71
UlO.91 I6 .7 0 i.l4l4 $ 53,352.67

Cash Balance June 30, 1953 $ 3714.80
6,092.314 7,792.79
I4 6 .I47
8,679.79
$22,986.19

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1953

Conversions to Oil Heat Campus Electric System Rep. Rebuild Tennis Courts Purchase McGhee Property Concrete Work-Home Economics Science Building Repairs New Library Shelving Venetian Blinds-Science Bldg. Freezer Room-Kitchen Tables & Chairs-Dining Hall Veteran Housing Equipment Heating System-Kitchen Furnishings-President's Home Rehabilitation Gymnasium Price & Academic Painting Rehabilitation of Fire House Presidents Home Landscaping Barracks Addition Fire Safety-Bank House Fire Safety-Barracks Fire Safety-Home Economics Fire Safety-D.H. & Auditorium Fire Safety-Infirmary Fire Safety-Sanford Fire Safety-Barnes Fire Safety-Gymnasium Fire Safety-Library Fire Safety-Science Fire Safety-Business Adm. Fire Safety-Military
TOTALS

Balance
July 1,
1992

Additions

Balance
June 30,
Expenditures Transfers 1953

$-3 ,567.02 - 91*7 .6 0 -1, 033.90
225.00
-1, 382.17
210.00 625.00
30 , 361. 21* 7 , 309.75 15 , 326. 1*9 1, 250.00 3, 000.00 1, 950.00
260. 1*6
1 , 3 50.00 1 ,350.00 $5 6 , 287.18

$ 3, 600.00
900.00
1 ,500.00 5 , 000.00 2, 500.00 6 , 0 6 5 .0 0 2, 970.00 1 ,530.00 3 ,700.00 6, 200.00 3, 100.00 21, 571*.76 1*,5 0 0 .oo 1 0 ^8 9 8 . 0 0 2, 1*92.00 3 5 , 000.00 1 ,500.00
765,35 12.00
3. W6.56 5, 282.02 7 , 91*0 . 3 7 , 112. 1*5 7, 201.00
125.13
$11*1*, 955.00

$ 383.12
5, 167.65 6, 065.00 2 , 977.55 1, 530.00 6, 3 3 0 . 01* 1 , 080.51 13, 192. 1*6
1*1 5 . 2 5
2, 392.67 30, 361. 21* 3, 959.75 16, 091. 81*
11*2 .0 0
70.00
3 , 1*86.56 2, 102.52
953.00
l*2l*.l*5
15 0 .0 0
$9 7 , 275.61

* -32.9 1 1*7 .6 0 - 82.98
167.65
- 225.00
7.55
130. Ol* - 637.32
567.70
- 210.00
267.67 800.13
- 625.00
171*. 87 - 1 7 5 .0 0 -175.00 $ 0.00

$
2 , 50 0.00
3 , 700.00 8, 950.00 1*, 500.00 10, 1*82.75 2 , 1*92.00 3 5 , 0 0 0.00 1*, 150.13 1, 120.00 2, 305.QO 5, 129.50 7, 21*8.19 6, 688.00 7 , 0 5 1 .0 0
300.00
1, 175.00 1 ,175.00 $1 0 3 , 9 6 6 .5 7

214

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ended June 30, 19$3

BALANCE BEGINNING OF YEAR
ADDITIONS State Appropriations Other Income Transfer From General Funds Transfer From Auxiliary Funds TOTAL ADDITIONS
DEDUCTIONS
Expended for Plant Additions Lands McGhee Property
Buildings and Additions to Buildings Veteran Apartments Dining Hall Barracks Gymnasium Fire Safety-Band House Fire Safety-Barracks Fire Safety-Home Economics Fire Safety-- D.H. & Auditorium Fire Safety-Infirmary Fire Safety-Sanford Hall Fire Safety-Barnes Hall Fire Safety-Gymnasium Fire Safety-Library
Improvements Other Than Buildings General Landscaping
Equipment Blinds-Science Bldg. Furniture-Dining Hall Furniture-Library TOTAL FURNITURE
TOTAL EXPENDED FOR PLANT ADDITIONS
Indebtedness Retired University of Georgia Endowment Funds
Dther Deductions Interest on Indebtedness

Funds for

Plant

Debt

Additions

Service

$ $6 , 287.18 r

Total
ft $6, 287.18

87, 0 0 0 .0 0 1 , 000.00 32 ,U$$.oo
2U,9o o .o o
*1UU, 9$$.00

1 , 989. 7$ $ 1 ,989.75

87,000.00 1 , 000.00 32, U$ $ .0 0 26,U89. 7$ S1U6 ,9UU. 7$

$ $.167. 6$
1 , 080.$1 13, 192.U6 30, 361. 2U
Ul$ .2$ 3 , 9$9 . 7$ 16, 091. 6U
1U2 .0 0 70.00
3 , U8 6.$6 2 , 102.$2
9$3 .0 0 U2U. U$ 1$0 .0 0 GS$7 2 , U2 9 .9 8

ft $ ,167. 6$
1 , 0 8 0 .$ 1 13 , 192. U6 30, 361. 2U
U l$ .2$ 3 , 9$9 . 7$ 16 , 091. 8U
1U2 .0 0 70.00
3 , U8 6 .$ 6 2, 102.$2
9$3 .0 0 U2U. U$ 1$0 .0 0 ft 7 2 ,U2 9 .$ 8

1 2 ,392.67

ft 2 ,392.67

$ 1 ,$30.00 6 , 330. 0U 2 , 977.$$
$ 10, 837.$9 $ 90 . 827.U9

ft 1 ,$30 .0 0 6, 330. 0U 2 , 977.$$
ft 1 0 , 837.$9 ft 9 0 . 827. U9

$ 930.91 ft 930.91

$1,0$8.8U ft 1,0$8.8U

215

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

OTHER EXPENDITURES NOT CAPITALIZED Rebuild Tennis Courts Science Building Repairs TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE END OF YEAR

i?unas j?or

Plant

Debt

Additions

Service

Total

$ 383.12 6,065*00
$ 6,1*1*8.12
$ 6,1*1*8.12
$ 97,275.61
$103,966.57

$ 1,989.75 $ 1,989.75 $

$ 383.12 6,065.00
$ 6,1*1*8.12
$ 8.1*37.87
$ 99.265.36
$103,966.57

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT JULY 1, 1952

ADDITIONS Exoended from Plant Funds Expended from Educational and General Funds and Included in Current Expenaitures Expended from Auxiliary Funds and Included in
Current Expenditures Expended by Univ. System Bldg. Authority
TOTAL ADDITIONS

di 90,827.1*9
2l*, 230.1*3 5,729.92
5ll*,5l9.73

VALUE OF PLANT PLUS ADDITIONS JUNE 30, 1953

DEDUCTIONS Equipment Sold or Abandoned
2 Farm Buildings Abandoned TOTAL DEDUCTIONS

'1,2U0.87 750*00

VALUE OF PLANT JUNE 30, 1953

Deduct: Plant Indebtedness

: |

Due Univ. of Ga. Endowment Funds Equity of Univ. System Bldg. Authority

I 3U,363.92
1*80, 218. 1*1

INVESTMENT IN PLANT JUNE 30, 1953

$2,001,777.05
$ 635.307*57 $ 2 ,6 3 7 ,0 8 1 *. 62
$ 1,990.-87 $2,635,093.75
5li*.582.33 ,120.511.1*2

216

STATEMENT OF INVESTMENT IN PLANT Year Ended June 30, 1953

A. LAND Old Campus New Campus Old Farm New Farm TOTAL LAND

Investment Beginning Of Year
$ 18,$00.00
6,000.00 U,000.00 8,000.00 1 36,500.00

Additions

Investment End Of
Deductions------ --------

$ $,l67.6$

$ 23.667.6$ 6,000.00

h,000.00

8,000.00

t

-_____ _____ -- S.167.5T

$*--- lr*tl'?6/6/7a--.T5F

B.

BUILDINGS

..

Girls Dormitory (Bldg. Authority/

Academic

^

Price Memorial

Business Administration

,101 600.00
101,075.05 U l,033.19 UO, 902.00

Home Economics

U l, 803.00

Military

2 8 7 ,2 0 0 . 0 0

Science Library Auditorium-Dining Hall
Gymnasium

56. 189.03 113, 291*. 9l* 3 1 . 189.03
21, 1*0 2 .0 0

Band House

85, 3 7 8.30

Barnes Hall Barracks Sanford Hall Infirmary Military Garage $ Maintenance Bldg.
Loggins House

1 0 l*,$0 7 . 3 7 U3 , 000.00 19. 189.03 13, 063.11
6 ,600.00
2 , 217. 1*3
6,700.00

3 Janitors Homes 1* Unit Faculty Apts.

$, 1*0 ,0 0 0 .0 0 000.00

1 Faculty Home

21*, 000.00

1* Faculty Homes

3 9 ,0 0 0.00

3 Faculty Homes

30,000.00

3 Faculty Homes

$3 ,0 0 0 .0 0

6 Faculty Homes

1, 627.96

Faculty Garage

2 , $00.00

Barn 3 Six Unit Vet. Apts.

$8, 337.1*8

10 Farm Buildings TOTAL BUILDINGS

8,050.00
$1 .3 77, 86 8 .9 1

$ 1*78, 676.31
11*2 .0 0 1$0.00 13, 262. 1*6 839.70
3, 959.75
953.00
1*6 , 1*53.08 2,102.52 3 , 1*86.56
1 ,080.51

11*0718,,660706..0301 101, 075 .0 5 1*1 , 033.19
1*1,01*1*. 00

1*1,803.00

287, 200.00
56, 339.03 126, 557. 1*0 3 2 , 028.73
2 5 , 361.75 86,331.30 1$0 , 960. 1*5 1*5 , 102.52 22, 675.59 13,063.11
6, 600.00
2 , 217. 1*3
6 , 700.00

$, 1*0 , 000.00 000.00

21*, 000.00

39.000.

00

30.000.

00

$3 ,000.00
1, 627.96

750.00

2,$00.00
$9 , 1*17.99
7,300.00

IMPROVEMENTS OTHER THAN BUILDINGS

Streets and Sidewalks

1

Lighting System

Water System

Sewer System

Landscaping

TOTAL IMPROVEMENTS

:

$1,000.00 25,91*7.60 21,338.20 39,700.00

2 .392.67

$ 1 , 000.00
25, 91*7 .6 0
21,338.20
39,700.00
2 ,392.67
ronfrar

217

STATEMENT OF INVESTMENT IN PLANT (Continued)

-- IV65t!H5Ylt--Beginning Of Year

Additions

Efeductions

'Investment End Of Year

EQUIPMENT Administrative Offices Physical Plant Library Instructional Dept. Dormitories Dormitories (Bldg. Authority) Dining Hall Farm Faculty Housing Student Exchange Veteran Housing TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

$ 18,829.51 1 1 6 ,2 5 5 . 8 8 6 7 ,8 8 9 . 0 8 172,376.38 2l*,008.07
32,106.15 3,918.77 8,599.92 2,1*72.57 2 ,976.00
$ UU9,U32.33
$2 ,001,777*0$

$

3 6 6 .1*0

10,61*1*, 81*

7,1+73.23

10,253.51

2,916.73

35,81*3.1+2

8,329.27

606.11 207.85

$ 76,61+1.36

$
$ 1,21+0.87 $ 1,21+0.87 1

19,195.91 126,900.72
75,362.31 182,629.89
2 6 ,921*. 80 35,81*3.1*2
1*0,1+35.1*2
2,677.90
9,206.03 2 ,680.1*2 2 ,976.00 521*, 832. 2

$ 635307.57 $ 1,990,87 $2.63$093.7$

GEORGIA

STATE COLLEGE FINANCIAL REPORT

FOR WOMEN

FOR THE YEAR ENDING JUNE 30, 1953

Georgia State College for Women Milledgeville, Georgia
219

BALANCE SHEET JUNE 30, 1953

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable

ASSETS
$ 103,335.1*8 25,505.79

TOTAL GENERAL FUNDS

$ 128,81*1.27

B. RESTRICTED Cash in Bank Accounts Receivable

- 1,530.55 10,1*97.1*6

TOTAL RESTRICTED FUNDS

8,966.91

C. AUXILIARY ENTERPRISES Cash in Bank Stores

1 0 6 ,691*.36 25,935.83

TOTAL AUXILIARY FUNDS

132,630.19

TOTAL CURRENT FUNDS

270,1*38.37

II. AGENCY FUNDS Cash in Bank

17,991*.i*2

III.

ENDOWMENT FUNDS Cash in Bank Investments
U. S. Securities G.S.C.W. Buildings

TOTAL ENDOWMENT FUNDS

63,20 0 .0 0 11*0,339.1*2

51*1*.1*8 203,539.1*2

201*,0 8 3 . 9 0

IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments U. S. Securities Other Bonds

138,561.25 6 ,7 50.00

19,1*75.21* 1 6 ,017.21*
11*5,311.25

TOTAL STUDENT LOAN FUNDS

180,803.73

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

1 0 2 ,1*7 6 .3 0

B-. INVESTMENT IN PLANT Land Buildings Improvements Other than Buildings Equipment

262,369.65 2 ,730.561.01*
311*,750.00
1,235,312.18

1*,51*2,992.87

TOTAL PLANT FUNDS

1*,61*5,1*69.17

TOTAL ASSETS 220

$5,318,789.59

BALANCE SHEET JUNE 30, 1953

I. CURRENT FUNDS A . GENERAL Purchase Orders Outstanding Unearned Income Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED Balance of Funds
C. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Balance of Funds
III. ENDOWMENT FUNDS Balance of Funds
IV. STUDENT LOAN FUNDS Balance of Funds
V. PLANT FUNDS A. UNEXPENDED Balance of Funds
B. INVESTED IN PLANT Due Other Funds Investment in Plant
TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL LIABILITIES

LIABILITIES

$ 10,672.07 13,791.00
10l*,378.20
1,061*.33 ll*,579.97 25,935.83 91,050.06

1 2 8 ,8 1 a . 27 8,966.91

132,630.19

270,1*38.37

17,99U.1*2

20l*,083.90

180,803.73

102, 1*76.30
11*0,339.1*2 1*,1*02,653 .U5
1*,51*2,992.87 1*,61*5,1*69.17
$5,318,789.59

221

STATEMENT OF CURRENT INCOME Year Ended June 30, 1953

General Income

Restricted Income

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School Music Placement Bureau
TOTAL STUDENT FEES

$ 2,210.00 75,025.00 8 ,1 63.00 30,250.39 ]+,21+3 .0 0 ll+O.OO
$120,031.39

PUBLIC APPROPRIATIONS State of Georgia

$1*7$*000,00

Less Amt, Unpaid End of Year

25,505.79 $UU9,U9in 21

Plus Amt. Unpaid

Previous Year

39,92997

Vocational Funds

Division of General Extension

Baldwin County

TOTAL PUBLIC APPROPRIATIONS

l+8 9 ,l+2l+.l8 1 ,6 0 0 .0 0
$l+9 1 ,02l+.l8

$20,662.58 65,053.10
$85,715.68

GIFTS AND GRANTS Rockefeller Foundation

$ 2 ,000.00

OTHER SOURCES Nursery School Miscellaneous
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

4 3,180.75 2 ,916.21+
$ 6,096.99
$617,152.56

$87,715.68

Total
$ 2,21 0 .0 0 75,025.00 8 ,16 3 .0 0 30,250.39 1+,21+3 .0 0 ll+O.OO
$120,031.39
l+8 9 ,l+2l+.l8 20,66 2 .5 8 1 ,6 0 0 .0 0 65,053.10
$576,739.86
$ 2,000,00
$ 3,180.75 2 ,9 1 6 .21+
$ 6,096.99 $70l+,8 6 8 .21+

222

CURRENT INCOME (Continued)

General Income

Restricted Income

Total

AUXILIARY ENTERPRISES Cafeteria Dining Hall Dormitories
Atkinson Beeson Bell and Annex Ennis Mansion Annex Mayfair Sanford Terrell and Annexes Miller Unearned Income
TOTAL DORMITORIES Apartments Laundry Livestock Project Student Union Miscellaneous Receipts

% 25,053.12 8^7^09.27
392.65 1 0 ,982.26 15,773.30
1 ,363.02 3,589.97
56.70 7 ,627.28 2 1 ,0 7 6 . 8 2 7 ,1^7 .0 0 3 ,902.82 $ 71,911.82" 1 0 ,290.60 29,970.60
3,U60.87 2^,631.78
1U9.97

TOTAL AUXILIARY ENTERPRISE INCOME

#355,277.U3

OTHER NON-EDUCATIONAL Gifts and Grants Endowment

TOTAL OTHER NON-EDUCATIONAL INCOME

NON-INCOME -- Sale of Temporary Invest*

TOTAL OTHER NON-EDUCATIONAL RECEIPTS

TOTAL CURRENT INCOME

$972,1*29.99

$ 1 ,0 0 0 .0 0 5,105.13
6,105.13 1 ,000.00
7,105.13 $9U , 8 2 0 .8 1

$ 25,053.12 189,809.27 "
392.65 1 0 ,982.26 15,773.30
1 ,363.02 3,589.97
56.70 7 ,6 27.28 2 1 ,0 7 6 . 8 2 7 ,11*7.00 3 ,902.82 $ 71,911.82 1 0 ,290.00 29,970.60 3,U60.87 2it,631.78
11*9.97
$355,277.U3
$ 1 ,0 0 0 .0 0 5,105.13
6,105.13
1 ,00 0 .0 0
7,105.13
$1 ,067,250.80

223

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL

ADMINISTRATIVE AND GENERAL

Administrative Dean

$ 5,729.11*

Alumnae Office

5,088.01

Comptroller's Office

18,727.83

President's Office

15,179.14*

Public Relations

2,1*12.22

Registrar's Office

10,083.32

General Expense

15,1*77.1*8

$ 5,529.11 $ 200.03

1*,102.60

985.1*1

16,596.76 1,965.82 $

13,171*. 88 2,001*.56

1,11*5.08 1,267.11*

8,834.27 1,21*9.05

2,026.00 13,1*51.1*8

165.25

TOTAL ADM. & GEN.

$ 72,697.1*1*

$ 51,1*08.70 $21,123.1*9 $ 165.25

STUDENT WELFARE

Dean of Women

$ 6,650.69

Student Personnel

1,297.62

Placement Bureau

l,3l*l*.32

Student Hospital

ll*,831.1*0

Voluntary Religious Act: r. 2,51*1.60

Lake Laurel

990.19

Camp Ray

365.92

$ 6,378.25
1,257.1*6
1 ,160.00
11,233.14*
2,51*1.60
662.80

$ 272.1*1*
1*0.16
18U.32 3,597.96
327.39 365.92

TOTAL STUDENT WELFARE $ 28,021.71*

$ 23,233.55 $ 1*,788.19

PLANT OPERATION

$ 90,51*1.78

$ 57,063.11 $30,882.71 $ 2,595.96

LIBRARY

$ 31*.1*52.82

$ 22,697.1*6 $ 2,035.35 $ 9,720.01

INSTRUCTION

Art

$ 8,587.11

$ 8,127.00 $ 1*6 0 .1 1

Biology

12,671*.85

10,806.92 1,31*2.59

5 2 5 .3I*

Business Admin.

27,1*56.56

19,881.88 l,79l*.99 5,779.69

Chemistry

9,303.96

7,60l*.51* l,53l*.l*2

165.00

Education

29,6 06.08

28,972.81*

633.21*

English

27,753.59

27,672.71

80.88

General Instruction

9,1*05.88

1*,156.75 5,21*9.13

Health and Phys. Educ.

20,698.51

18,6 0 8 .5 2

2,089.99

History

8,693.58

8,61*0.63

52.95

Home. Economics

31,575.1*0

29,199.92 2,32l*.09

51.39

Home Management

1,215.25

600.00

615.25

Mathematics

9,309.18

9,175.96

133.22

Music

21*,0 0 6 .37

22,01*1*.50 1,659.12

302.75

Nursery School Peabody Practice School

7,758.17 16,821*.80 65,032.76

5,879.18 77,787.81*

1,761.99 3,179.14*

117.00

890.28

-

Physics

5,730.1*9

5,329.10

1*01.39

Romance Languages

13,1*70.36

12,557.13

275.23

638.00

Sociology

17,965.51

17,735.75

131.66

98.10

Summer School

55,067.67

53,585.36

81*8.1*3

633.88

TOTAL INSTRUCTION $337,103.32 $65,032.76 $368,366.53 $21*,568.12 $ 9,201.1*3

224

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification General______ Restricted

Object C l a s s i f i c a t i o n _______

Salaries

Operating

and

Supplies

Wages______ & Expense Equipment

RESEARCH

$ 31+0.85 $ 2,000.00 $ 1,383.11 I 225.7k $ 732.00

EXTENSION Vocational Home Ec. General Extension

126.98 1*093.38

20,122.33

l5,37l*.l*6 1,093.38

1*,237.55 637.30

TOTAL EXTENSION

$ 1,220.36 $20,122.33 $16,1*67.81* $ 1*.237.55 $ 637.30

TOTAL EDUC. & GEN. EXPEND. $561*,378.31 $87,155.09 $51*0,620.30 $ 87,861.15123,051.95

AUXILIARY ENTERPRISES Cafeteria Dining Hall Dormitories
Atkinson Beeson Bell and Annex Ennis Mansion Annex Miller, Mayfair, etc. Sanford Terrell and Annexes

$ 26,27l+.71 172,639.76
77U.21+ 9,622.1+1+ U+,857.65 3,369.89 2,85i+.02 3,260.55 10,295.78 17,1*25.31;

$ 9,312.15 $ ll*,0 8 8 .5 6 $ 2 ,87* . 00 39,603.1*0 127,21*6.31+ 5,790.02

51*3.79 5,261*. 20
8,702.71 1,115.35 1,266.78
872.09 5,1*35.18 9,31*6.89

230.1*5 3,757.09 5,871.51 1,729.1*2 1,587.21+ 2,388.1*6 1*,582.81* 7,522.92

601.15 283.1*3 525.12
277.76 555.53

TOTAL DORMITORIES $ 62,1*59.91

$ 32,51*6.99 $ 27,669.93 $2,21*2.99

Parkhurst Apartments Laundry Livestock Project Student Union
TOTAL AUX. EXPEND.

2,1*85.50 28,998.00
1,797.61 2l*,l*2i*.13
$319,079.62

521.77 22,851.27
1*,575.53
$109,1*11.11

1,963.73 6,11*6.73 1,797.61 19,695.60

153.00

$198,6 0 8 .50 $Ll,0 6 0 .0 1

NON-EXPENSE Transfer to Plant Funds $ 29,905.53

TOTAL AUX. DISBURS.

$31*8,985.15

OTHER NON-EDUCATIONAL Scholarships

$ 5,703.96

$ 5,703.96

TOTAL CURRENT EXPEND.

$683,1*57.93 $92,859.05 $650,031.1a $292,173.61!*, 111.96

225

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1953

Balance Beginning Of rear

Receipts For Year

Balance Disbursementsi End
For Year Of Year

EDUCATIONAL AND GENERAL Baldwin County Vocational Home Economics Rockefeller Foundation
TOTAL EDUCATIONAL AND GENERAL

$ -5,556.68 $65,053.10 $65,032.76 $ -5,536.31*
-5,501.37 20,662.58 20,122.33 -1*,961.12 2,000.00 2,000.00
$-11,058.05 $87,715.68 $87,155.09 $-10,1*97.1*6

OTHER NON-EDUCATIONAL Scholarships
A. A. Lowe Fund Thomaston Mills Sylvester Mumford Memorial Writers Fund

$

81.77 $ 100.00 $

$ 18 1.((

500.0I* 2,000.00

996.96

1,500.08

6,883.93

5,005.13

1*, 701*.00

7,185.06

100.00

100.00

TOTAL OTHER NON-EDUCATIGNAL TOTAL RESTRICTED FUNDS

$ 7,565.71* $ 7,105.13 $ 5,703.96 $ 8,966.91 $ -3,1*92.31 $91*,820.81 $92,859.05 - 1 , 5 3 0 . 5 s

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

Cash Balance Receipts July 1, 1953 For Year

Disbursements Cash Balance

For Year

June 30, 1953

CURRENT FUNDS General Restricted Auxiliary
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Loan Funds Endowment Funds TOTAL TRUST FUNDS
TOTAL OF FUNDS

$ 50,561.23 -3,1*92.31
100,1*02.08

$ 617,152.56 $ 561*,378.31 $103,335.1*8

91*,820.81

92,859.05 -1,530.55

355,277.1*3

31*8,985.15 106,691*.36

$11*7,1*71.00 $1,067,250.80 $1 ,006,222.51 $208,1*99.29

$ il*,l*9l*.57 $ 61,61*3.95 $ 5S,ll*i*.lO $ 17,991*.1*2

$111*, 21*3.51* $ 77,1*05.53 $ 89,172.77 $102,1*76.30

$ 13,223.70 $
3 ,71*2.1*8
$ 16,966.18 T

11,691*.Ol* $ 3,802.00
15,1*96.01*" $

5,1*1*2.50 19,1*75.211

7,000.00

$hh.hS

12,1*1*2.50 $ 20,019.72

$293,175.29 $1 ,221,796.32 $1,165,981.88 $31*8,989.73

BANK BALANCES
Milledgeville Banking Company Exchange Bank of Milledgeville

$338,1*97.35
10, 1*92.38
$31*8,909.73

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1953

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: Gifts and Grants Income on Investments
TOTAL ADDITIONS
DEDUCTIONS: Transfer to Restricted Funds Refunded to Donor
TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan Funds _____ Total

$2014,083.90 $176,153.U8 #380,237.38

$

$ 1,032.35 $ 1,032.35

5,105.13

3,867*90

8,973.03

$ 5,105.13 $ U,900.25 $ 10,005.38

$ 5,105.13 _____________ $
$ 5,105.13 $

$ 5,105.13
250.00_______ 250.00
250.00 $ 5,355.13

$2014,083.90 $180,803.73 $38U,887.63

227

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1953

Fund Balance

Beginning

Of Year

Additions

Fund Balance Deductions End of Year

ENDOWMENT FUNDS A. A. Lowe Sylvester Mumford Memorial
TOTAL ENDOWMENT FUNDS

$ h,000.00 $ 100.00
200,083.90 5,005.13
$201*,083.90 $5,105.13

$ 100.00 5,005.13
$5,105.13

$ 1*,000.00
200,083.90
$201*,O83.90

LOAN FUNDS Atlanta GSCW Alumnae Earl Bailey J. L. Beeson Callie Christie Bell, DAR Philo S. Bennett L. D. Wimberly Bridges, DAR General David Blackshear Corrie Hoyt Brown Chappell Scholarship Faculty Loan Fund GSCW Student Defense History Club Thomas E. Mitchell L. Morel Sylvester Mumford Loan Alice W. Shinholser #1 Alice W. Shinholser #2 Anna Brown Small Joseph M. Terrell Thomaston Mills Loan Fund Fannie Trammell DAR Grace Beatty Watson
TOTAL LOAN FUNDS

$ 100.00 500.71
1,31*9.80 256.27
1,120.38 200.00 250.00
. 70,615.75 2,302.63
10,570.56 536.50 267.15
51,132.26
1,870.25 3,1*86.67 1,6U6.15 1,502.61 2,01*6.81 11,791*.06 7,125.69 7,290.88
188.35

$
25.00
25.00
2,771.20 50.00
137.50
1,153.90 37.50 75.00
25.00 25.00 37.50 263.93 126.22 11*7.50

$176,153.1*8 $1*.900.25

$
250.OO
$ 250.OO

$ 100.00 500.71
l,37l*.80 256.27
1,11*5.38 200.00
73,386.95 2,352.63
10,708.06 536.50 267.15
52,286.16 1,907.75 3,561.67 1,671.15 1,527.61 2,08U.31
12,057.99 7,251.91 7,1*38.38 188.35
$180,803.73

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Balance Beginning Of Year

Receipts For Year

Balance Disbursements End of
For Year Year

Hospitalization and Insurance Account Student Bank Account Student Activities Account
TOTAL AGENCY FUNDS

$ 5,1*36.78 620.1a
8,1*37.38
$lli,lt9l*.57

$10,059.73 32,315.68

$ 7,99l*.l*7 32,031.87

$ 7,502.01*
90I*. 22

19,268.51* 18,117.76 9,588.16

$61,61*3.95 $58,ll*l*.10 $17,99l*.l*2

228

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ending June 30, 1953

BALANCE, BEGINNING OF YEAR
ADDITIONS: State Appropriations Transfer from Auxiliary Funds
TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Bell Hall Beeson Hall Ennis Hall Parks Hall Sanford Hall Terrell Hall Terrell Hall Annex A Terrell Hall Annexes B & C Improvements Other Than Buildings Campus Landscaping Equipment
TOTAL EXPENDED FOR PLANT ADDITIONS
Loans Repaid Endowment Funds
OTHER DEDUCTIONS Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant
Addition

Funds For Debt
Service

Total

$11++,21+3.51+

$lll+, 21+3.51+

$ 1+7,500.00

$ 1+7,500.00

22,500.00 $7,1+05.53

29,905.53

$ 70,000.00 $7,1+05.53 $ 77,1+05.53

$ 27,269.92 2,790.79 790.51 3,398.13 l+,009.87
12,707.61+ 12,707.62 12,707.62
1,500.00 3,885.11+
$ 81,767.21+

$ 27,269.92 2,790.79 790.51 3,398.13 l+,009.87
12,707.61+ 12,707.62 12,707.62
1,500.00 3,885.11+
$ 81,767.21+

$3,709.26 $ 3,709.26

$3,696.27 $ 3,696.27
$ 81,767.21+ $7,1+05.53 $ 89,172.77

$102,1+76.30

$102,1+76.30

1

229

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1953
VALUE OF PLANT JULY 1, 1952
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, JUNE 30, 195d
DEDUCT: Loan Payable to Endowment Funds
NET INVESTMENT IN PLANT, JUNE 30, 1953

$it,lt27.113.67

$8l,767.2lt

23,051*95

11,060.01

115*879*20

$U,51*2,992.87

Ilt0,339.1t2
$1^ 02*653.^5

STATEMENT OF INVESTMENT IN P U N T For Year Ended June 30, 1953

LAND Main Campus - 19-| Acres Ennis-Mansion - 3 Acres Mayfair Lot Peabody - 2 Acres Boddie Lot - Peabody Rivers Lot - Peabody Gilbert Park Lot-Wilkerson and Montgomery Lot-Columbia and Green Humber Lot Sanford Hall Lot Government Park Lot-Montgomery & Wayne Barnes Lot Montgomery Street Lot Gilstrap.Lot Nursery School Lot Lake Laurel Area Camp Ray Lot-Montgomery Street Lot-Wilkerson Street Lot-Wilkerson and Montgomery
TOTAL LAND

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of the
Year

1939 1937 19U0 19U6 19U6 9U6 19U7 19Wt 1937
193
19hk
19U8
19hh
1950 1938 19U1 1951 1951 1952

$110,000.00
50,000.00 7,500.00
6,000.00
700.00 1 ,800.00
10,000.00
it, 500.00 5,000.00 3 ,500.00
6,000.00 10,000.00
it,500.00
2,000.00 3,000.00 2,000.00
2,500.00 7,500.00 7,500.00 8,213.00
3,156.25 7,000.00
$262,369.65

$110,000.00 50,000;00 7,500.00 6,000.00 700.00 1,800.00 10,000.00
it, 500.00 5,000.00 3 ,500.00
6,000.00 10,000.00
it, 500.00
2,000.00 3,000.00 2,000.00
2,500.00 7,500.00 7,500.00 8,213.00
3,156.25 7,000.00
$262,369.65

230

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

B. BUILDINGS Arts Atkinson Beeson Bell and Annex Chappell Education Ennis Health & Physical Education Home Management House Russell Library Mansion Annex The Mansion Mayfair Miller Parkhurst Parks Parks Memorial Hospital Peabody High School Peabody Elementary School Porter Hall and Annex Russell Auditorium Sanford Terrell Terrell Annex A Terrell Annex B and C Log Hut Lake Laurel Houses Utility Building Gilstrap House Nursery School Georgia House Residence-Wilkerson & Montgomery Residence-Wilkerson

1927 1897 1937 1925 1908 1927 1918 1939 191*7 1928 1898 1891 1939 191*3 191*9 1925 1929 1927 1939 1939 1928
1939 1909 1922 1922 1921* 1938
191*5 191*1* 1950 1950 1952 1952

TOTAL BUILDINGS

C. IMPROVEMENTS OTHER THAN BUILDINGS Electric Water Coolers Tennis Courts Landscaping and Shrubbery Campus Bell System Campus Electric System Heating System Water System Swimming Pool Well - Lake Laurel

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

Investment Beginning of Year

Additions

Investment End of Year

$ 92,650.00 210,000.00 110,000.00 205,752.21 107,500.00 5i,85o.oo
113,1*96.60 153,058.86
37,500.00 99,356.80 61*,000.00 65,000.00 20,000.00
50,000.00
157,502.33 110,809.20
50,600.00 5o,25o.oo 130,000.00 108,100.00 116,850.00 137,596.60
128,895.31* 50,000.00
125,500.00
3,500.00
10,5 11.11 50,000.00 5,000.00
6,000.00
1 5 ,001.60
11,600.00
6,298.29

$ 2,790.79 27,269.92 790.51
3,398.13
1*,009.87 12,707.61* 12,707.62 12,707.62

$ 92,650.00 210,000.00
112,790.79 233,022.13 107,500.00
51,850.00
111*, 287.11 153,058.86
37,500.00 99,356.80 61*, 000.00
65,000.00
20,000.00 50,000.00
157,502.33 111*, 207.33
50,600.00 50,250.00 130,000.00 108,100.00 116,850.00 11*1,606.1*7 11*1,602.98 62,707.62 138,207.62
3,500.00
10,511.11 50,000.00
5,000.00 6,000.00 15 ,001.60 1 1 ,600.00 6,298.29

$2,,651*,178.91* $76,382.10 $2,730,561.01*

$ 3,500.00

$ 3,500.00

2,750.00
1 1 ,500.00 $ 1,500.00 1 ,500.00

2,750.00 13,000.00
1,500.00

1*6,000.00

1*6,000.00

200,000.00

200,000.00

19,000.00

19,000.00

25,000.00

25,000.00

1*,000.00

1*,000.00

$ 313,250.00 $ 1,500.00 $ 311*,750.00

231

STATEMENT OF INVESTMENT IN PLANT (Continued)

EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Organized Research Extension Cafeteria Dining Hall Laundry Parkhurst Hall Residence Halls Student Union Hospital Related Activities Campus Equipment
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

Additions Ed. & Gen Aux. Ent.

Investment End Of
PI. Funds Year

$ 2l*,1*23.1*5 $ 165.25

$ 71*5.57 $ 25,331*.27

207,001.91 2,595.96

209,597.87

256,191.82 9,720.01

265,911.83

256,581*. 28 9,838.73

266,1*23.01

3,960.10 732.00

1*,692.10

1,528.95 13,11*5.20

$ 2,871*.00

1,528.95 16,019.20

135,758.50

5,790.02

i l a , 51*8.52

1*8,268.17

1*8,268.17

11,61*3.91* 195,81*3.97

11,61*3.91* 2,21*2.99 2,81*1.1*1* 200,928.1*0

23,31*6.91*

153.00

23,1*99.91*

10,1*68.1)1

298.13 10,766.51*

5,232.11*

5,232.11*

3,917.30

3,917.30

$1,197,315.08 $23,051.95 $11,060.01 $3,885.ll* $1,235,312,18

$1*,1*27,11367__________ $115879.20

$1*, 51*2,992.87

232

f
1 GEORGIA TEACHERS COLLEGE
r FINANCIAL REPORT
FOR THE TEAR ENDING June 30, 1953
P Georgia Teachers College Collegeboro, Georgia
233

BALANCE SHEET June 30, 1953

ASSETS

CURRENT FUNDS A. GENERAL
Cash In Bank Accounts Receivable
Vets Admr* & Students State Dept* of Education
TOTAL GENERAL FUNDS

#750.00 626*62

# lilt,790.08
1.376.62 ----- $ 1*6,166.70

B. AUXILIARY Cash in Bank Temporary Investment TOTAL AUXILIARY FUNDS

, # 81*,619.85 100 000.00

181*,619.8$

TOTAL CURRENT FUNDS

#230,786.55

II. AGENCY FUNDS Cash in Bank TOTAL AGENCY FUNDS

# 12,51*3.63

12,51*3*63

ni.

PLANT FUNDS A* UNEXPENDED
Cash in Bank

# 111*,876.86

B. EXPENDED Lands Buildings Improvements other than buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

# 1*8,899.00 1, 379,1*28.08 30,001.62
1*35,212.66

#1.893,51tl.36

2, 008. 1*18,22

#2, 251, 71*8.1*0

234

BALANCE SHEET June 30, 1953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase orders outstanding Unearned income Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Unearned income Surplus TOTAL AUXILIARY
TOTAL CURRENT FUNDS

$ 2,598.37
1 8 ,9 9 1 .2 0

2li.577.13

t U6,l66.70

$

882.73

9, 5l i i .i 5

1 7 U .1 9 5 .9 7

1 8 U .6 1 9 .8 5 * 230,786.55

II. AGENCY Fund Balance

1 2 ,5 U 3 .6 3

H I . PLANT FUNDS A. UNEXPENDED Fund Balance

I 11U,876.86

B. EXPENDED

Equity o f Univ. System Bldg. Authority * 6 0 6 ,7 7 2 .U5

Invested in Plant

1 ,2 8 6 ,7 6 8 .9 1

TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

1j 893 ,5U 1 .3 6
2.008.U18.22
$ 2 ,2 5 l 7 U 8 .U 0

235

STATEMENT OF CURRENT INCOME For Year Bided June 30, 1953

A. EDUCATIONAL & GENERAL STUDENT FEES Non-resident tuition Matricula ti on Health Service Summer Session Other TOTAL STUDENT FEES

$ 6,028.87
$,7U,572.80 652.60 38,573.28
U.08U.53 ----- ------------

$ 128, 912.08

PUBLIC APPROPRIATIONS State of Georgia Plus Amount payable at the beginning of year Bulloch County
TOTAL PUB. APPROP.

$ 3 0 0 ,0 0 0 .0 0 2 7.0 2 h .U 2 $ 3 2 7 ,0 2 U .U2
37.583.83 $36U,608.25

OTHER SOURCES Property Rentals Div. of General Extension TOTAL OTHER SOURCES
TOTAL EDUCATIONAL & GENERAL INCOME

$ 3, 1*66.00
1 ,200.00
--- -------

* U.666.00 $1*98.186.33

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 1*3,535.21

DORMITORIES East Hall Lewis Hall Sanford Hall Cottages West Hall TOTAL DORMITORIES
DINING HALL
FARM
OTHER INCOME
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 10,220.33 6,57h.55
13,832.85 3,012.50
8,1*1*9.70
---

1*2,089.93

151,108.13 9,892.70

1,803.01 $21*8.1*28.98

$71*6.615.31

236

STATEMENT OF CURRENT EXPENDITURES
For Tear Ended June 30, 1953

Object Classification

Total

Salaries & Wages

Operating Supplies & Expense

Equipment

EDUCATIONAL & GENERAL ADMINISTRATE YE & GENERAL
Business Office General President's Office Publicity Registrar's Office
TOTAL ADM. & GENERAL

$ 11,91+6.51 20,793.11 15,1+99.18 3,301.29
6,1+23.1+0
$ 57,963.1+9

11,225.61 28.75
15,1+59.50 3,030.25 5,788.62
33,532.73

517.80 20,156.61+
39.68
236.01+
11+5.73
$21,095.09

203.10
607.72
35.00 1+89.05 l,33l+.B7

STUDENT WELFARE

Counseling & Guidance Dean of Women

$ 6,760.1+1+ 6,1+63.00 297.1+1+

2,837.86

2,726.12

111.71+

Placement Bureau

1,500.00

1,500.00

Student Hospital

l+,676.62

l+,26!+.85

370.1+1+ la.33

TOTAL STUDENT WELFARE

$ l5,77l+.92 11+,953.97 "1

79.62

id.33

PLANT OPERATIONS

$ 68,383.1+5 31,706.32 29,867.78

LIBRARY

$ 27,160.26 19,1+01.81+ 761+.27

INSTRUCTION Dean Art Biology Chemistry Commerce Education English Home Economics Industrial Arts Lab School Mathematics Music Physics Physical Education Social Science Speech Summer School
TOTAL INSTRUCTION

$ 7,21+0.19 9,535.75 i+,700.00
6,103.25
11.75U. 31
29,286.12
1 5 ,2711.75
1 3 ,1 8 2 .6 1 16,361+. 51 7l+,070.11+
6,165.85
2l+,630.35 5,190.38
22, 0.6.71
19,63I+.77
3,1+83.01
39,313.19
308,31+5.89

TOTAL EDUC. & GEN. EXPEND. $1+77,628.01

6,639.13 8,338.50
U, 378.32
5,388.00 9,867.50
29,233.22
15,271+. 75 11,918.62
13,909.69
61+,617.25
5,933.00
17,975.75 1+,625.00
17,095.75 19,205.00
3,1+20.00 38.891+.50
276,713.98
378,308.81+

328.86 1,01+0.57 17.08 1+89.21+ 281+.68 35.10
392.93 850.22 3,802.09
I67.I+5
2,000.63 12.1+5
1,817.1+6 195.97
63.OI
1+18.69 U , 916.1+3
61+,l+23.99

6,809.35
6,991+.15
272.20 156.68 301+.60
226.01
1,602.13 17.80
871.06 l,6ol+.60 5,650.80
65.1+0 l+,653.97
552.93 3,503.50
233.80
19,715.1+8
3l+,895.18

NOH*EXPENSE Transfer to Plant Funds

30,000,00

TOTAL EDUC. & GEN.DISBURSEMENTS $507,628.01

237

STATEMENT OF CURRENT EXPENDITURES - (Continued)

Total

Object Classification

Salaries & Wages

Operating Supplies & Expense

Equipment

AUXILIARY ENTERPRISES BOOKSTORE

$ 1*3,193.36 $ 1*, 281.92 $ 37,803.1*1* $ 1,108.00

DORMITORIES East Hall Lewis Hall Sanford Hall Cottages West Hall TOTAL DORMITORIES

$ 7,776.0S
7,91*6.1*7 10,862.1*5
1,01*3.25 6 ,9 9 3 .2 6 $ 31*.621.1*8

DINING HALL

fcL3li.135.55

FARM

.$ 1 0 ,7 0 1 .5 8

TOTAL AUXILIARY EXPENDITURES $22 2 ,6 5 1 .9 7

TOTAL CURRENT EXPENDITURES

$ 7 0 0 ,2 7 9 .9 8

$ 5,116.58 5,1*12.97 7 ,6 5 1 .2 2 30i*.55 1*. 970.38
$ 23,1*55.70
$ 28,907.1*9
$ 5,31*6.61*
$ 61,991.75
$1*1*0,300.59

$ 1,520.61 $ 1,138.86

1,1*76.71

1 ,0 5 6 .7 9

2 , o i a . 20 1 ,1 7 0 .0 3

738.70

1,578.61*

1*1*1*. 2l*

7 ,3 5 5 .8 6 " $ 3 ,8 o 9 .9

$103,500.32 $ 1,727.71*

$ 3,891.10* $ 1,1*63.50 $152,551.06 $ 8,109.16

$216,975.05 $l*3,00l*.3U

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1953

Cash Balance July 1, 1952

Receipts for Year

Disbursements for Year

Cash Balance June 3 0 , 1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTALS

$ 51*,2 3 1 . 7 6 58.8U2.81
$113,071*.60

$1*98,186.33 21*8,1*28.98
"$71*6,615.31

$507,628.01 222,651.97
$730,279.98

$ 8 2 ,8 3 3 .7 3

$103,500.00 $ 71,1*56.87

$ 11,852.90

$ 55,252.51* $ 51*.561.81

$207,761.23

$905,367.85 $856,298.66

$ 1*1*,790.08 81*,6 1 9 .85
$129,1*09.93
$1 1 1 *,8 76 .86
$ 12,51*3.63
$256,830.1*2

BANK BALANCES

Sea Island Bank Bulloch County Bank

$ 81*,619.85 172,210.57
$56,030.1*2

Student Activities Student Bank Application Deposits
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Cash Balance
July 1> 1?5_2

Receipts Fr Year

disbursements CasTi Balance For Year_________ June 30, 1953

l , 05h 55 1*, 1 3 8 .3 5 6 ,660.00
$11,852.90

$16,189.65

$15,71*9.86

33,227.89

3h,836.95

_ 5,835.00_______ 3,975.00

$5 5 ,2 5 2 .51*

$51*,5 6 1 . 8 1

$ l,h9h3h 2,529.29 8 ,520 .0 0
$1 2 ,51*3 .6 3

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Tear Ended June 30, 1953

Library Administration Building Lab School Campus Fire Safety Program Boilogy Building Swimming Pool Chemistry Building Elementary Building Store Gvmnasium Industrial Arts Bldg. East Hall Lewis Hall Sanford Hall West Hall Health Cottage Nursery School President's Home
TOTAL

Balance July 1, 1952 Receipts Disbursements

$ 7,550.00
16,000.00
10,980.00
1,500.00 i ,5 o o 9oo
300.00
900.00
1,000.00
9,500.00 5 o .o o
5 o o .o o
1,000.00
15 ,000.00
1,053.73 1,000.00
15 ,000.00

$ 3U,000.00
. 12,000.00
3,000.00 3,500.00 1,000.00
1 5 ,000.00
35,000.00

182,833.73 $103,500.00

$ 1,135.00 21,862.08
1,085.95
50.00
85U.7U
50.00
21,1:28.86 50.00
110.00 100.00 11,252.69 951.00 Uoo.oo 11,503.U5
50.00
U69.35 103.75
$71,1:56.87

Balance June 30, 1953
$ 6 ,ia 5 .o o 28,137.92 10,980.00 141U.05 1,500.00 250.00 15.26 950.00 71.lt
390.00 900.00 3,71*7.31 3,102.73
U,100.00
3,1:96.55 950.00
1U,530.65
3b,896.25 $111:,876.86

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ending June 30, 1953

BALANCE JULY 1, 1952
ADDITIONS: Board of Regents Presidents Home Fire Prevention TOTAL ADDITIONS
TRANSFERS: General Funds Auditorium Nursery School TOTAL- GENERAL FUNDS
TOTAL FUNDS AVAILABLE
DEDUCTIONS
A. Buildings itAdditions
to Buildings Business-Music Bldg. Library Roof Administration Bldg.

$35,000,00 3 8 ,5 0 0 .0 0
$1 5 ,000.00
i5.ooo.Q o

$82,833.73 73,500.00 30,000.00

$ 21, 028.86 1 , 0 8 5 .0 0 3,392.91
240

$186,333.73

STATEMENT OF UNEXPENDED PLANT FUNDS - (Continued)

Auditorium East Hall Lewis Hall West Hall Nursery School President's Home
TOTAL BUILDINGS AND ADDITIONS
B. IMPROVEMENTS OTHER THAN BUILDINGS Campus Beautification Swimming Pool Plans - New Gym TOTAL
C. EQUIPMENT Fire Extinguishers

$18,31*1*. 32 10,752.69 778.95 11,003.1*5 U69.35 103.75
$66,959.28
$ 1,085.95 851*. 71* 60.00
$ 2,000.69
$ 2,1*96.90

TOTAL DEDUCTIONS Balance June 30, 1953

$71,1*56.87 $111*.876.86

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953
Value of Plant July 1, 1952

Additions during Year Expended from Plant Funds Expended from Educ. & General and included in Current Exp. Expended from Auxiliary Funds and included in Current Exp. Buildings and Contents constructed by Univ. System Building Authority

$71,1*56.87 3i*,895.18 8,109.16
650.113.31*

Value of Plant July 1, 1953 plus additions
Deductions during Year Buildings torn down Equipment returned & replaced TOTAL DEDUCTIONS

$ 300.00 3,100.00

TOTAL INVESTMENT IN PLANT JUNE 30, 1953 Deduct:
Equity of University System Building Authority

NET INVESTMENT IN PLANT

$1,132,366.31
76U.57U.55 $l,896,9lil.36
3,1*00.00 * 1,893,51(1.36 $ 606.772.1*5 $ 1,286.768.91

241

STATEMENT OF INVESTMENT IN PLANT For Tear Ended June 30, 1953

A. LAND Campus Off-Campus TOTAL LAND

Investment

Tear

Beginning

Acquired of Year

Additions

1907 1907

$ 29,77U.OO $ 1 9 ,1 2 5 .0 0
$ 1*0,099.00

Deductions

Investment End of Year
29,77U.OO 1 9 .1 2 5 .0 0

BUILDINGS Administration Lab High School Business-Music Bldg. 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 Building President's Home Sycamore Cottage Paige House Pecan Cottage The Oaks Veteran Apt. A. Veteran Apt. B. Tellow Cottage Watchmans Cottage Farm House Cooks House Burden Shanty Johnson Shanty Johnson Farm House
Johnson Feed Barn Farm Hand House #1 Farm Hand House #2 Garages Pump House Reel House Heating Plant

1907
1937 1932 191*7 1936
1937 1907 1937 1937 1907 1920
1932 19U8
1936 1936
1935 1931* 1935 1938
1939 1935 1935 191*7 19l*7 1925 1938
193U 1935 1935 1935 191*1* 191*1* 1935
1935
1936 1938 1938 1927

$ 1 0 0 ,0 0 0 .0 0
70,980.00 15,000.00 1 5 ,3 0 0 .0 0 11,099.90 1*0,000.00 5 0 ,0 0 0 .0 0 6 0 ,0 0 0 .0 0 80,000.00 1*5,000.00 3 0 ,0 0 0 .0 0 i*5,ooo.oo 3 6 ,0 2 2 .5 0
5 ,0 0 0 .0 0 2 ,0 0 0 .0 0 2 ,0 0 0 .0 0 3,1*00.00 6 ,0 0 0 .0 0 5 ,0 0 0 .0 0 5 ,0 0 0 .0 0
1*,000.00
3 ,5 0 0 .0 0 5 ,0 0 0 .0 0 5 ,0 0 0 .0 0 1*,500.00 3 ,5 0 0 .0 0 U ,500.00
500.00 500.00 300.00 3 ,0 0 0 .0 0 750.00 5 o o .o o 300.0c 300.00 300.00 200.00 5 ,0 0 0 .0 0

Laboratory School Annex 1952

(Bldg. Authority)

Mens Dormitory (Bldg. Authority)
New President's Home New Nursery Bldg.

(work in
progress)
n N

1668,1*52.1*0

$ 21,737.23 2 1 ,0 2 8 .8 6 1 ,085.00 1 0 ,7 5 2 .6 9 778.95 11,003.1*5
337,1*67.80 306,81*8.60
103.75 1*69.35 $ 7 1 1 ,fe7568

300.00

1 2 1 ,7 3 7 .2 3
70,980.00
3 6 ,0 2 8 .8 6
1 5 ,300.00
I I , 099.90
I I I ,0 8 5 .0 0
6 0 ,7 5 2 .6 9 6 0 ,7 7 8 .9 5
80,0 0 0 .0 0
5 6 ,0 0 3 .U5 3 0 ,0 0 0 .0 0
U5,ooo.oo 3 6 ,0 2 2 .5 0
5 .0 0 0 . 00 2 .0 0 0 . 00 2 .0 0 0 . 00 3,1*00.00 6 .0 0 0 . 00 5 .0 0 0 . 00 5 .0 0 0 . 00 1*, 000.00 3 .5 0 0 .0 0 5 .0 0 0 . 00 5 .0 0 0 . 00 1*,5 00 .00 3 .5 0 0 .0 0 U ,500.00
500.00 500.00 300.00 3 .0 0 0 . 00 750.00 500.00 300.00
300.00 200.00 5 .0 0 0 . 00 3 3 7 ,U 6 7 .8 0

306, 81*8.60

103.75 1*69.35
$ 300*00 $1,379,1*28.08

242

STATEMENT OF INVESTMENT IN PLANT - (Continued)

C. IMPROVEMENTS OTHER THAN BUILDINGS: Swimming Pool Deep Well Stadium Landscaping Plans - New Gym

Year Acquired

Investment Beginning of Year

Additions

Deductions

1930 1938 1950

I 13,792.85 $
10,000.00

851t.7lt

2,803.76
l,UOli.32 1,085.95 __________ _________ 60.00

TOTAL IMPROVEMENTS

I 28,000.93 $ 2.000.69

D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Depts. Laboratory School (Bldg. Authority) Dormitories Dining Hall Farm Store
TOTAL EQUIPMENT

$ lit,327.51 1,376.20

67,533.U6 7,63it.20

77,099.66

7,Oltlt.l5

lilt,212.52 19,715.U8

5,796.9 k

59,175.96 29,3l0t.86 15,161.59

5,381.97 1,727.7U l,lt63.50

$ it00.00 1 ,000.00
200.00 750.00
50.00
700.00

$ 387.OlU.li8 $ 51,298.18 3,100.00

INVESTMENT IN PLANT

ft.,132.366.81 76U.57U.55 $ 3,lt00.00

Investment End of Year
$ lJ:,6it7.59
10,0 0 0 .0 0
2,803.76 2,li90.27
________ 60.00
30.001.62
15,303.71 7lt,167.66
83,9it3.8l 133,178.00
5,796.9U
61t,507.93 31,072.60 15,925.09 11,316.92 $ 1:35,212.66
$1.893,5!tl.36

243 Hj

VALDOSTA STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, 1953
Valdosta State College Valdosta, Georgia 245

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

li AGENCY FUNDS Cash in Bank Student Bank (Cash) Investments

TOTAL AGENCY FUNDS

ni

ENDOWMENT FUNDS Cash in Bank 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. EXPM ) ED Land Buildings Improvements Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

BALANCE SHEET June 30, 19^3
ASSETS

$ 18,512.09

$7,1+76.13 1,1+69.01+ 1+9.00

8.99U.17 $ 27,506.26

$ 22,61+0.16 22U-U6
1+,391.29

27,255.91 *

,h5672.17

$

6,652.11

1+38.11+

1,110.00

8,200.25

$ 1,258.38

$ 6,200.00 l,9i+3.0i+

8,11+3.01+

9,1+01.1+2

$

6,1+51.22

3.181.50

1.017.50

10,650.22

] $ 29,971.68
I $ 2^7,500.00
1,282,1+67.70 51,500.00 1
288,37l+.97 1 ,879,81+2.67
1 ,909,81U.35
$1,992,828.1+1 1

246

I

BALANCE SHEET JUNE 30, 1953
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Surplus TOTAL GENERAL FUNDS

$ 1,906.09 6,61*1.50
18,958.67 $

27,506.26

B. AUXILIARY Accounts Payable Reserve for Stores Unearned Income Surplus TOTAL AUXILIARY FUNDS

$ 955.86
1+,391.29 2,1+58.50 19,1+50.26

27,255.91

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

$ 51^,762.17
8,200.25 9,1+01.1+2 10,650.22
I 29,971.68

B. EXPENDED Invested in Plant

1,879,81+2.67

TOTAL PLANT FUNDS

1,909,811+. 35

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$1,992,828.1+1

v 247

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Service Summer School Other Student Fees
TOTAL STUDENT FEES

$ 38,389.75 U,572.U3
U,306.37
1 0 ,291.61 2,720.70
$ 60, 280.86

PUBLIC APPROPRIATIONS

State of Georgia Less Amount Unpaid at End of Year

___ 7,U76.13

Plus Amount Payable at Beginning of Yr.

OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL INCOME

fi7 --- ?OOU,2Z

173,2014.16
200.00
$233,685.32

B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES
BOOKSTORE
LAUNDRY
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

58,019.36

$ 5,620.30 7,823.8k 2,097.00
----

15,5H1.1U 11,119.72

3,915.00 $ 88,595.22

$322,280.5U

248

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL President's Office Comptroller's Office Registrar's Office Publicity Department General Expenses
TOTAL ADM. & GENERAL
STUDENT WELFARE Dean of Men Dean of Women Student Hospital
TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Academic Dean Art Biology Chemistry Education English Home Economics Mathematics and Physics Modern Foreign Languages Music Physical Education Secretarial Science Sociology and History Speech Summer School
TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPEND.

Total

Object Classification

Operating

Salaries
& Wages

Supplies & Expense

Equipment

$ 11*,355.31* $ 13,1*15.00 $

12,917.1*9 1 1 ,812.80

6,519.1*2

6,002.1*0

71*0.31* $
733.01*
202.21*

2,878.57

2,102.27

776.30

5,80JU. 71*

5,801*. 71*

$ 1*2,1*75.56 $ 33,332.1*7 $ 8,256.66 $

200.00
371.65
311*. 78
886.1*3

$ 200.00 $ 200.00 $

3,l*ll*.72

3,059.50

5,125.SU

1*,539.60

$ 291*. 02
585.91*

61.20

I 8,71*0.26 $ 7,799.10 $ 879.96 $ 61.20

1 31*,923.23 $ 15,730.27 $15,812.1*1 $ 3,380.55

$ 13,121.35 $ 7,987.75 $ 360.81* $ 1*,772.76

$ 226.01 6,383.78 8,661*.1*0 6,711.81*
12,299.21* 9,552.18
1*,265.53 8,528.1*1* 5,015.00 9,969.37 16,380.69 6,322.99 18,686.58 1*,1*60.75 10,020.00

$ 200.00 5,771.01* 8,217.10 5,135.00
11,1*1*0.00 9,500.00 3,796.00
7.731.5U 5,ooo.oo 9,503.56 15,1*91*. 07 1*,903.30 17,911*. 77 1*,1*12.80 10,020.00

$ 26.01 209.89 356.03
1,31*6.1*9 1*69.61* 52.18
1*02.57 58.82
15.00
307.69 822.28 350.81* 172.66
1*7.95

$ 1*02.85 91.27 230.35 389.60
66.96
738.08
158.12 61*. 3l*
1,068/85 599.15

$127,1*86.80 $119,039.18 $ 1*,638.05 $ 3,809.57 $226,71*7.20 $183,888.77 $29,91*7.92 $12,910.51

249

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall
TOTAL DORMITORIES
BOOKSTORE
DINING HALL
LAUNDRY
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE Transfer to Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object "Classification

Operating

Salaries & Wages

Supplies & Expense Equipment

$ 6,362.25 $ 2,583.12 $ 3,1*50.57 $

10,858.29

6,859.92 3,735.17

3,173.83

128.50 2,825.33

328.26 263.20 220.00

$ 20,391*.37 S 9,571.8* $10,011.07 $ 811.1*6

$ 9,570.20 $ 183.70 $ 9,386.50

$ 1*7,781*.01 $ 17,22l*.60 $30,559.1a

$ 2,311.26 $ 109.50 $ 2,201.76

$ 80,059.81* $ 27,089.61* $52,158.71* $ 811.1*6

$ 1*,500.00
$ 81*, 559.81*
$306,807.01* $210,978.1*1 $82,106.66 $13,721.97

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1953

BALANCE OF PRINCIPAL, JULY 1, 1952
ADDITIONS: Income on Investments and Interest Transfer of Senior Honor from Agency Funds TOTAL ADDITIONS
BALANCE OF PRINCIPAL, JUNE 30, 1953

Endowment Funds
$9,115.79
$ 285.63
$ 85.6V $9,1*01.1*2

Loan Funds
$ 9,150.00
$ 107.39 1,392.83
$ 1 ,500.22
$10,650.22

250

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1953

ENDOWMENT FUNDS Claude Davis Ingram S. M. A, Hutchinson Memorial TOTAL ENDOWMENT FUNDS
LOAN FUNDS Senior Honor Society War Bond Scholarship September ll+th Fund Kate Bentley Girl's Funds Archie Griffin U. D. C. (Brooks County) Class of 1922 Louise Sawyer Anne Singletary. Jewel Whitehead K. F. Lumpkin W. R. Dewberry TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance

Fund Balance

Beginning of

End of

Year

Additions Deductions Year

ft 7,057.29 ft 161.88

2,058.50

123.75

ft 9,15.?9 ft 285.63

ft 3,1*83.00
3,596.00
72.60 I50.0ii 21*0.00 500.00 118.36
75.00
15.00 500.00 100.00
300.00
ft 9,i 5o .o o

#1,392.83 107.39
ftl,5 0 0 .2 2

ftl8,265.79 H , 785.85

ft 7,219.17 2,182.25
'ft 9,L01.L2
ft 1,392.83
3,ii83.00
3,703.39
72.60
150.OU
21*0.00
500.00
118.36
75.00 1 5 .0 0 500.00
100.00
300.00 ftio ,6 5 o .2 2
ft2 0 ,0 5 l.6 i*

251

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 193

ENDOWMENT FUNDS GOVERNMENT BONDS U. S. Treasury U. S. Treasury U. S. Treasury; Series G U. S. Treasury; Series G U. S. Treasury; Series G TOTAL GOVERNMENT BONDS
COMMON STOCK Illinois Central Railroad - 20 shares
TOTAL ENDOWMENT FUND INVESTMENTS
LOAN FUNDS
u. S. Treasury, Series F u. S. Treasury, Series F u. S. Treasury, Series F u . S. Treasury, Series F u. S. Treasury, Series F u. S . Treasury, Series F u. S. Treasury, Series F u. S . Treasury, Series F u . S. Treasury, Series F
TOTAL LOAN FUND INVESTMENTS
TOTAL TRUST FUND INVESTMENTS

Rate of Interest
2.75 2.75 2.5 2.5 2.5
2.53 2.53 2.53 2.53 2.53 2.53 2.53 2.53 2.53

Date of Maturity
9-15-59 12-15-65
8-1-53
8-1-62 1 1 -1-62
3-1-55 5-1-55 10-1-55 11-1-55
1 -1-56 2-1-56
U-l-56 3-1-57
10-1-56

Book Value
$1 ,800.00 1 ,500.00
1*00.00 1 ,500.00 1 ,000.00
$1,91*3.01* $ 8 ,ll* 3 .0 U
55.50
71*. 00
11* 8.00 296.00
7U.00 7l*.00 11* 8 .0 0 7U.00 7U.00
>,l60.51*

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance Receipts Disbursements Cash Balance July 1 , 1952 for Year for Year Juxie 3 0, 1953

* 1 1 ,5 7 3 .9 7 1 8 .6 o U .7 8
$ 3 0 ,1 7 8 .7 5

*2 3 3 ,6 8 5 .3 2 88,595.22
$ 3 2 2 ,2 8 0 .5U

$226,71*7.20 81*, 559.81*
$311,307.0!*

$ 1 8 ,5 1 2 .0 9 22,61*0.16
*8 1 ,1 5 2 .2 5

$ 5,676.03 $ 86,503.33 $ 85,089.11 $ 7,090.25

$33,01*1.1*1* $ 7 9 ,0 0 0 .0 0 $ 8 2 ,0 6 9 .7 6 $ 2 9 ,9 7 1 .6 8

* 922.75 *

335.63 $

$ 1,258.38

5 ,3 2 2 .0 0

3.2SU .22

2 ,1 2 5 .0 0

6,1*51.22

I 7 T * 3,589.85 $ 2,125.00 $ 7 ,7 0 9 .6 0 '

75.1U 0.97 $1*91,373.72 *U80, 590.91 *8 5 ,9 2 3 .7 8 252

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1953

Student Activities Senior Honor Society Chapel Fund, Y. W. C. A. Student Bank
TOTAL

Balance

Balance

July 1 , 1952 Receipts Disbursements June 30, 1953

$3,800.50 81*2.83 91*9.36 83.31*

$70,631.10 15,872.23

$68,728.85 81*2.83
15,517.1*3

$5,702.75
91*9.36
1*38.11*

$5,676.03 $86,503.33 $85,089.11 $7,090.25

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANCE BEGINNING OF YEAR
ADDITIONS: Transfer from Auxiliary (Ashley Hall) Governmental - State of Georgia
TOTAL ADDITIONS
DEDUCTIONS: Repairs and Improvements West Hall (Rewiring, relighting, sprinkler system, fire safety) Converse Hall (Rewiring, relighting, fire safety) Ashley Hall (New tile showers and fire safety) Senior Hall (Fire safety) Landscaping (Shrubbery) Total Repairs and Improvements Other Miscellaneous Repairs and Improvements Not Capitalized
TOTAL DEDUCTIONS
BALANCE END OF YEAR

$ 1*, 5 00.00 71*,500.00
$1*8,000.00 21,000.00
.7.800.00
1 300.00 1 ,5 0 0 .0 0 $79,800.00 2 ,1 * 6 9 .7 6

Funds for Plant
Additions $33,01*1.1*1*
79,000.00
82,069.76 $29,971.68

253

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1953
VALUE OF PLANT JULY 1, 1952

$ 982,272.97

ADDITIONS DURING YEAR Expended from Educational and General Funds and included in current expenditures Expended from Auxiliary and included in current expenditures Expended from Plant Funds Gift of Emory Junior College Campus by Emory of Atlanta Library books of -kmory at Valdosta moved to Main Campus TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS

> 12,910.51
811.146 79,600.00 79li,305.01 10,000.00

897,626.98

$1,879,899.95

DEDUCTIONS Adjustments for prior years
VALUE OF PLANT, JUNE 30, 1953

_______ 57.28 $1,879,8142.67

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

A. LAND Main Campus, 60 acres North Campus, U3 acres TOTAL LAND

Investment Beginning
of Year

Additions

Deductions

$150,000.00 $ 107,500.00
$150,000. OCT $107,500.00

Investment End of Year
$ 150,000.00 107,500.00
$ 257,500.00

B. BUILDINGS Main Campus Library West Hall Gymnasium Kitchen Annex Converse Hall Ashley Hall Senior Hall Swimming Pool and Bath Log Cabin Boiler House President's Home Garages and Workshops 'TOTAL MAIN CAMPUS North Campus Jere M. Pound Hall David Barrow Hall Old Brick Dorm. Swamp Inn Swimming Pool Gymnasium TOTAL NORTH CAMPUS
TOTAL BUILDINGS

$ 60,000.00 $

125,000.00 148.000.

00

5.000.00

9,217.70

110,000.00 21.000.

00

100,(300.00

7,800.00

60.000.

010,300.00

23.000.

00

8.000. 00

20.000.

00

36,000.00

1 ,150.00

K i r M . 1 0 $78,100.00 "" "

$

$350,000.00

150.000.

00

100.000.

00

10,000.00

25.000.

00

12.000.

00

T~

$6U7,000.00

$557,367.70 $725,100.00

$

60.000. 173.000.

00 00

5.000.00

9,217.70

131.000.

00

107,800.00

61,300.00

23.000.

00

8.000. 00

20.000.

00

36,000.00

1 ,150.00

$ 635,1467.70

$ 350.000.

00

150.000.

00

100.000.

00

10,000.00

25.000.

00

12.000.

00

T 6147,000.60

$1 ,282,1467.70

254

INVESTMENT IN PLANT (Continued)

Investment Beginning
of Year

Additions Deductions

Investment End of Year

C. IMPROVEMENTS OTHER THAN BUILDINGS

Street and Walks Heating System

$ 15,000.00 $ 20,000.00

Camellia Trail

12,000.00

Amphitheatre

3,000.00

Landscaping

1 ,500.00

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 50,000.00 $ 1 ,500.00

D. EQUIPMENT Main Campus Administrative Offices Physical Plant Library Instructional Student Activities Dormitories Dining Hall & Kitchen Heating North Campus Administrative General Equipment Plant Operations Library Gymnasium Swimming Pool Instructional Kitchen & Dining Hall Old Dormitory Swamp Inn David 3arrow Hall
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 10,755.1*3
11,523.05
68,11*0.95
1*8,892.82
2,31*7.10
1*2,850.21
18,995.71
21,1*00.00

$ 722.88
3,270.76
11*, 772.76
1*,025.63
872.66

$ 1 ,705.00
3.537.00
1.300.00
1.890.00
125.00
200.00
15,167.01
6.293.00
1 ,1*29.00 1*01.00
7.758.00

$221*,905.27 $ 63,1*69.70

$982,272.97 $897,569.70

$ 15,000.00 20,000.00 12,000.00 3,000.00 1 ,500.00
$ 51,500.00
$ 11,1*78.31 11*, 793.81 82.913.71 52,918.1*5
2,31*7.10
1*3,722.87 18.995.71
21,1*00.00
$ 1 .705.00
3.537.00 1.300.00 1.890.00
125.00 200.00
15,167.01 6.293.00 1,1*29.00
1*01.00
7.758.00
$ 288,371*.97
$1,879,81*2.67

I 255

M E D I C A L C O L L E G E OF G E O R G I A FINANCIAL REPORT
FOR THE YEAR ENDING June 30, 193
Medical College of Georgia Augusta, Georgia 257

BALANCE SHEET June 30, 1953

ASSETS

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

B. RESTRICTED Cash on Hand and in Bank

C. AUXILIARY Cash on Hand and in Bank Stores TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash on Hand and in Bank

III.

ENDOWMENT FUNDS Cash on Hand and in Banks Investments
Univ. System Bldg. Auth. 3% Bonds
University of Georgia Buildings Real Estate
TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash on Hand and in Banks Student Notes Receivable Investment - U. S. Securities TOTAL STUDENT LOAN FUNDS

V. PHYSICAL PLANT A. UNEXPENDED Cash in Bank

B. EXPENDED Land and Improvements Buildings Equipment

$ 69,583.114
26,2814.61
$ 95, 867.75

$137,85530 137,855.30

$ 33,1814.36 51,976.56

85,160.92 $ 318,883.97

$ 805.66

$ 1U,089.92 6,109.140
114,000.00

314,199.32

20,0143.79 35,0014.98

$ 3,198.31
29,1437.79 5 ,0 0 0 .0 0

3 7 ,6 3 6 .1 0

$ 19,519.35

$ 60,000.00 410,000.00 523,7214.02

993,7214.02

TOTAL PHYSICAL PLANT

1,013,2143.37

TOTAL ASSETS

$1,14214,812.21

258

BALANCE SHEET June 30, 1953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Res. for Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance

$17,726.66 7 8 ,1 1a. 09

$ 95,867.75

1 3 7 ,8 5 5 .3 0

C. AUXILIARY Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS

$ 5 1 ,9 7 6 .5 6 33,181^.36

85,160.92

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance
IV. STUDENT LOAN FUNDS Fund Balance
V. PHYSICAL PLANT A. UNEXPENDED Fund Balance
B. EXPENDED Invested in Plant TOTAL PHYSICAL PLANT
TOTAL LIABILITIES AND SURPLUS

$ 318,883.97 20,01*3.79 35,001**98 3 7 ,6 3 6 .1 0

$ 19,519.35

993,721*. 02

1,013,21*3.37
$1, 1*21* ,812.21

259

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

General Income

Restricted Income

Total Income

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Less Amount Unpaid at End of Year City of Augusta TOTAL PUBLIC APPROPRIATIONS

$ 1 2 7 ,6 o U .5 7 1 ,201.00
1X505537"

$ 127,60U.57 1 ,2 0 1 .0 0
~ T 128,805.57

$593,750.00 * - 2 6,28U .6l
'4567.1*65 .3 9 " $

* 593,750.00 - 26,28U .6l

7 ,5 0 0 .0 0

7 ,5 0 0 .0 0

7 ,5 o o .o o " T 57U.9b5.l9

ENDOWMENT W. J. Young Fund
GIFTS AND GRANTS American Heart Association Ayerst, McKenna, Harrison Cancer Clinic Chas. Pfizer & Company Ciba Pharmaceutical Products Georgia Heart Association Life Insurance Medical Research Fund
Eli Lilly Company Merck & Company, Inc. William S. Merrell National Drug Company National Fund for Medical Education Schering Corporation G. D. Searle and Company Smith, Kline, and French The Upjohn Company Wyeth, Inc Research Reserve ( P & P) U. S. Atomic Energy Commission U. S. Public Health Service (Medicine) U. S. Public Health Service (Medicine) U. S. Public Health Service (Oncology) U. S. Public Health Service (Phys. & Phaj n .) U. S. Public Health Service (Phys. & Phai n .) U. S. Public Health Service (Psychiatry) U. S. Public Health Service (Cytology) U. S. Public Health Service (Cytology) U. S. Public Health Service (Cytology)
TOTAL GIFTS AND GRANTS

$ 5.088.95 $

5 .0 8 8 .9 5

$ U,U62.5o $ 1 ,5 0 0 .0 0
3,1*58.95 3 ,0 0 0 .0 0 2 ,0 0 0 .0 0 U ,000.00 1 7 ,2 8 0 .0 0
U o o .o o 1 ,500.00 5 ,5 0 0 .0 0 2 ,5 0 0 .0 0 1 5 ,2 5 5 .0 0 2 , UOO.OO 1 ,875.00
500.00 3 ,0 0 0 .0 0 U ,000.00 2 ,2 3 5 .9 0 7,2UO.OO 1 U ,775.00 1 U ,0 0 0 .0 0 2 U ,U 8 2 .1 2 3 0 ,8 6 8 .1 0 2 1 ,6 0 0 .0 0 5 ,6 0 0 .0 0
1 2 ,6 5 6 .0 5 2 ,1 7 9 .5 U
1 6 ,8 0 5 .0 8
$2 2 5 ,0 7 3 .2 U i$

U ,U 6 2 .5 0 1 ,5 0 0 .0 0
3 ,U 5 8 .9 5 3 ,0 0 0 .0 0 2 ,0 0 0 .0 0 U ,000.00 1 7 ,2 8 0 .0 0
U o o .o o 1 ,5 0 0 .0 0 5 ,5 0 0 .0 0 2 ,5 0 0 .0 0 1 5 ,2 5 5 .0 0 2 , UOO.OO 1 ,8 7 5 .0 0
500.00 3 ,0 0 0 .0 0 U ,000.00 2 ,2 3 5 .9 0 7 ,2 U 0 .0 0 1 U ,775.00 1 U ,0 0 0 .0 0 2U,U82.12 3 0 ,8 6 8 .1 0 2 1 ,6 0 0 .0 0 5 ,6 0 0 .0 0
1 2 ,6 5 6 .0 5 2 ,1 7 9 .5U
1 6 ,8 0 5 .0 8
2 2 5 ,0 7 3 . U

260

STATEMENT OF CURRENT INCOME (Continued)
SALES AND SERVICES Maternity Shelter Electroencephalographic Clinic Research Services (Endocrinology) Research Sales (Phys. & Pharm.) TOTAL SALES AND SERVICES
OTHER SOURCES Property Rentals Other TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
NON-INCOME Cash Over and Short Transfers from Restricted Funds
Transfers from Educ. St General
Surplus Adjustments Transfers from Auxiliary Funds
TOTAL NON-INCOME
TOTAL EDUCATIONAL & GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES
BOOKSTORE
MICROSCOPE SALES AND RENTALS
PELVIMETER SALES
TOTAL AUXILIARY INCOME
C. PLANT FUNDS - State of Georgia
TOTAL INCOME

General Income

Restricted Income

Total Income

$ 1*,588.00 $

$ 1*,588.00

9,076.31*

9,076.31*

1,1*65.00

1,1*65.00

-T v

1 --1 h,

5onW_-._0=_-0_-_

_ $

8 5.6 9 _________ o85y.o6y9

IPs627.0 3

15.2 15 .0 3

$

1*1*7.00

1,179.35 f 1,626.35

$

1*1*7.00

1,179.35
$ 1,626.35

$702,1*85.31 $21*8,269.22 $ 950,771*. 53

V $ 51.18
35,63I*.1*6

51.18
35,63I*.1*8

2,737.13

2,737.13

1*, 000.00

ll*.13

11*.13
1*, 000.00

O L <^5.66_ $"27751.26 $~

$71*2,170.97 $251,01*0.1*6 $ 993,211.1*5

1 25,312.35

$ 25,312.35

$ 12,967.62

$ 12,967.62

$ 2,912.1*2

$ 2,912.1*2

$ 1*1,192.39

$ 1*1,192.39

$ 60,805.58

$ 60,805.58

$801*,1*83.28 $21.8,28?.22 $1 ,052,772.50

261

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1903

Fund Classification

`

Object Classification_____ _

^Operating

Salaries Supplies & Wages____ & Expense Equipment_

A. EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL President's Office Dept, of Admissions Business Office General Registrar's Office TOTAL ADM. & GENERAL
PLANT OPERATIONS
LIBRARY

$ 11,239.79 8,671.27
1 8 ,8 8 5 .8 3
15,018.22
5,808.82
$ 51,673.T J
S 53.U95.07

$ 10,300.00 $ 859.88 $, 79.95

8,320.00

351.27

13^038.95

986.69

6,051.88 8,078.52

903.79
891.86

l

5,170.51

850.07

38,877.30 `f]LO,682.39-- ?

238.28
2.113TH8

__________ $ 3 7 .8 9 6 .0 7 $18 .0 9 9 .2 6 1 ,8 9 9 .7 U

$ 5 ,5 6 9 ,5U * 5 ,5 7 5 .0 0 5.07Q.QQ $ 179.99 I 5 ? 6 9 8 .55

INSTRUCTION Gross AnatomyMicroscopic AnatomyBio chemistryPhysiology & Pharmacology Pathology Medical Microbiology Medicine Psychiatry Pediatrics Surgery Obstetrics & Gynecology Endocrinology Medical Illustration
Oncology Radiology
TOTAL INSTRUCTION

$ 2U,300.03 22,571.35 3 2 ,1 8 0 . 8 1
88,887.13 27,770.76 38,858.16 88,876.80
9,833.10 15,366.99 79,193.85 12,236.90
12,227.89 18,522.87
375.27 6,026.75
$ 3 H B ,8 2 ''T .~

$ 21,765.00 $ 1 ,976.90 $

20,867.73

37.02

26,959.38
82,881.66
25,016.66 31.065.00
82,699.03 9,181.00

2,660.07
5,082.06
2,385.65
1,585.83
808.07
509.93

18.988.00

283.99

68,260.51 8,583.56

1 1 .500.00

652.68

9.601.50 1,938.39

15,678.50 1,293.82

558.13
2,066.60
2,561.36
963.81
808.85 1,887.33
973.30
182.17 175.00
2,389.38
88.26
691.60
1,558.55

375.27

6.008.50

22.25

385,988.8'/$2s,uoY.8b $ I8 ,8 i5 .5 5

ACTIVITIES REL. TO INSTR.

Medical State Aid University Hospital

$156,392.39
08,6 0 0 .0 0

Maternity Shelter

2,220.25

Electroencephalographic Cl

TOTAL ACTIVITIES REL. TO INSTRUCTION

$217.212.68

$ 7,500.00
5,809.33 $ 13,309.33

$156,196.00 $ 196.39

51,100.00 10,000.00

1,781.10

879.15

8,988.00

861.33

$213,985.10 $16,536.87

RESEARCH Amer. Cancer Society Amer. Heart Association Cancer Clinic

1,597.51 3,181.39 2,578.22

$ 1,386.78

2,890.00

582.89

2,239.75 161.80

250.77
68.50
177.07

262

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification Total " Restricted

_______ Object Classification

Operating

Salaries Supplies

Ik Wages

& Expense Equipment

RESEARCH (Continued)

Diocyl (Medicine)

Georgia Heart Association

Lederle (Bio. Chem. & Micro.)

Eli Lilly (Cytology)

Life Insurance (P & P)

Macy (P & P)

Pathology of Cancer

Research Grants (Endocrinology)

Research Grants (Med. Illus.)

Research Grants (Biochemistry)

Research Grants (Cytology)

Research Reserve (P & P) Sharp & Dohme

USPHS (Medicine) AC5

USPHS (Medicine) HT5031

USPHS (Oncology) CT567
USPHS (Biochemistry) CIO83 USPHS (P & P) H2I4O

USPHS (P & P) HC535

USPHS (P & P) HTS5014*

USPHS (Psychiatry) 2M51*75

USPHS (Cytology) CS9120

USPHS (Cytology) CS9127

USPHS (Cytology) CS9168

USAEC (Biochemistry) (1*0-1) 232

Research Sales (P & p)

TOTAL RESEARCH

----

EXTENSION

I 3,719.85

& lO l*. 02
3 ,3 9 6 .5 1 1,1*1*2.1*8
2 ,5 6 0 .5 9 9,132.61;
27.86
10.36
20,082.83
295.12
156.09 513. ii5 355.36
29.90
8 ,1 1 7 .1 3 1 0 ,1 2 9 .6 5
2 5 ,3 3 8 .5 9 701.11
21,14*6.51*
215.1*5 589.33 5 ,6 0 0 .0 0 7 ,1 1 3 .3 8 257.1*1; 11*, 722.14;
6 ,7 9 1 .7 3 96.73

'

$

2 , <1*3.07

1,1*05.01;

1,556.1*1*

7 ,8 5 0 .0 0

12,550.29

$ 507.91*
37.1*1;
9714.15 830.61
27.86 10.36 6 ,5 7 3 .7 6

153.1*9

2 .6 0

lO l;. 02 1*1*5.50
30.00 1*52.03
958.78 295.12

5 ,5 2 0 .0 3 5,1*66.66 2 0 ,6 1 5 .0 8
61*5.68 17,1*87.00

355.38 29.90
1 ,9 7 7 .1 7 202.11
2 ,3 2 9 .9 6
52.1*3 3 ,1 9 0 .0 9

513.1*5
619.93 1*, 1*60.88 2 ,3 9 3 .5 5
3 .0 0 769.1*5

583.33 5 ,6 0 0 .0 0

6 .0 0

215.1*5

5,612.11* 203.32
1 2 ,0 6 6 .1 9 1*, 207 .00

678.1*1* 51*. 12
1 ,7 6 8 .7 2 81*3.78 96.73

822.80
887.53 1,71*0.95

00,094.51 $ - 'b U O .S t i $ 15,208.78

1 2 .0 0

3 ,7 0 7 .8 5

TOTAL EDUC. & GEN. EXPEND. $ 720, 098.09 n 6S .ltg 8 .20

NON-EXPENSE

Transfers to Res

tricted Funds

$ 2,737.13 $

Refund of unexpended bal.

of grants to donors Transfers to Ed. & Gen.

129.02
35 63li*li8

TOTAL NON-EXPENSE

f ~ "2,'/jV.13 i

1750,079.1*5 & 95.911;.39 $ 39,532.U5

TOTAL EDUO. & GEN. DISB. $722,835.22 $201.191.70

263

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

Total

Restricted

Object Classification

Operating

Salaries & Wages

Supplies & Expense

Equipment

B. AUXILIARY ENTERPRISES Bookstore

$ 21,31*0,06

p

31.87 $ 21,308.19

Microscope Sales and Rentals
Pelvimeter Sales
TOTAL AUX. EXPEND.

3,23l*.l*2 3,179.87 $ 27,7514.35

355.67 $ 2,878.75

1,757.00

107.26 1,315.61

A sP

1,788.87 $

21,771.12 $

1*,19U.36

NON-EXPENSE
Transfer to Ed. & Gen. $ U,000.00

C. PLANT FUNDS

$ 68,173.55

$

27.50 $ 1,628.16 $ 66,517.89

TOTAL ESP ENDITURES

$816,025.99 $165,1*28.20 $751,895.82 $119,313.67 $110,21*14.70

264

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1953

balance

Income

July 1,3953 For Year

Expenditures For Year

American Cancer Society American Cancer Society

$ -26.27
2 ,0 0 0 .0 0

American Heart Association American Medical Association Cancer Clinic Cox (Urology) Diocyl (Medicine) Georgia Heart Association

I5 5 .b 8 3 .2 3
720.8b 1, 000.00
113.b9

Lederle (Biochem. & Med* Micro.) Eli Lilly (Cytology) Life Insurance i-fecy Grant Markle (Med Micro.) Markle (Medicine) Merck National Fund for Medical Educa. Pathology of Cancer

I,b li2 .b 8
2,238.81
8b7.b6
3 b b .l0
2.62 158.16
6 5 .5 b 2 0 ,3 7 2 .0 0
10.36

Pellagra (Swift) Permanent Science (AAAS) Research Grants (Endocrinology) Research Grants (Medical Ulus.) Research Grants (Psychiatry) Research Grants (Biochemistry) Research Grants (Cytology)

268.8b
7 9 .7 5 2b,b09.09
295.12
80.88
733.33 -2 ,6 b l.6 l

Research Reserve (Phys. & Pham.)

Scopicon Sharp & Dohme USPHS (Medicine) USPHS (Med. Micro.) USPHS (Medicine) USPHS (Medicine)

602.00 2 , 1 0 b .00
1 8 .b7 -2,1 50 .58
lb 5 .8 6

USPHS (Oncology) USPHS (Biochemistry) USPHS (Phys. & Pham.) USPHS (Phys. & Pham.) USPHS (Phys. & Pham.)

9 ,7 7 2 .6 8 72b.53
5 ,1 8 1 .5 3 72.95

USPHS (Psychiatry)

USPHS (Cytology) USPHS (Cytology) USPHS (Cytology) USAEC (Biochemistry) W. G. tyson W. J. Young Special Cancer Clinic

-1,9 86 .67 -1,3 93 .65
2 ,6 6 5 .0 0
562.8b
18.50
8 ,2 2 5 .3 0 7 .b 8

Electroencephalographic Clinic Research Sales (Phys. & Pham.)

l,b 7 1 .9 1 l,b 9 8 .2 0

Research Services (Endocrinology) 7 ,3 9 3 .1 0

Undistributed Interest

399.37

City of Augusta

b ,b 6 2 .5 o 3 ,b 5 8 .9 5
b ,000.00 boo.oo
17,280.00
2 ,2 3 5 .9 0
l b , 775.00 l b , 000.00 2b,b82.12 3 0 ,8 6 8 .1 0 2 1 ,6 0 0 .0 0
5 ,6 0 0 .0 0 1 2 ,6 5 6 .0 5
2 ,1 7 9 .5 b
16,805.08
7,2bO.OO 5 ,0 8 8 .9 5 9 ,0 7 6 .3 b
85.69 i,b 6 5 .0 0 7 ,5 0 0 .0 0

1 ,5 9 7 .5 1 3 ,lb l.3 9
2 ,5 7 8 .2 2
10b.02 3 ,3 9 6 .5 1 I,b b 2 .b 8 2 ,5 6 0 .5 9 9 ,132.6b
2 7 .8 6
10.36
0,082.83 295.12
156.09 5 l3 .b 5 355.38
29.90
8 ,1 1 7 .1 3 1 0 ,1 2 9 .6 5 2 5 ,3 3 8 .5 9
701.11 2 1 ,bb6.5b
2 1 5 b5 589.33 *5,600.00 7 ,1 1 3 .3 8 257.b b lb ,7 2 2 .b b 6 ,7 9 1 .7 3
5 ,575.00
,80 9 .3 3 96.73
7 ,5 0 0 .0 0

TOTAL

$88 ,0 0 6 .5 2 |2 b 8 ,289.22 ia65.b28.2 0

Transfers & Refunds $ -26.27
26.27 3 .2 3
6b0.00 100.2b
2 .6 2
3 5 ,6 2 7 .0 0
79.75
20.00 -3 ,1 5 5 .0 6
-6 b 0 .0 0
-2 ,1 5 0 .5 8
23.b2 b 2 .2 6 -lb 2 .5 0
528.1 6
1 ,626.61

Balance June 30, 1953
$ 376.22
l,b 7 6 .5 9
1 ,6 0 1 .5 7 1 ,0 0 0 .0 0
9 .b 7 603.b9
78.22 8 ,3 5 b .8 2
216.00
158.16 6 5 .5 b
268.8b
3 2 ,1 0 1 .2 6
80.88 557.2b
2 ,5 2 0 .5 2 602.00
2 ,0 7 b .lO 1 8 .b7
6 ,8 0 3 .7 3 3 ,8 7 0 .3 5
8,916.21
l b , 560.83
2 1 ,0 1 0 .6 7
3 ,5 5 6 .0 0
3 ,1 2 1 .0 3 1 ,011.11
18.50
7 ,7 3 9 .2 5
b ,738.92 l,b 8 7 .2 1 8 ,8 5 8 .1 0

2 65

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1953

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
$3U,9lU.H)4
5 ,3 1 5 .5 8 * 5,315.58
$ 136.09 5 .0 8 8 .9 5
$ 5.225.0U $35.00)4.98

Loan Funds $ 3 5 ,U 6 3 .U 6
1,0)5.20 1 5 5 .3 9 972.05
$ 2,172.6a
$ 3 7 ,6 3 6 .1 0

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1953

ENDOWMENT FUNDS Moore-Carter Fund W. J. Young TOTAL END. FUNDS
LOAN FUNDS Murphey Fund Student Loan Fund W. K. Kellogg Fund TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Balance Beginning of Year
$ 5,712.86 29.201.58
$3L,9ia.i4U

Additions
$ 90.5U 5 .2 2 5 .0 U
*5 .315.5

Deductions

Balance End of Year

*
5 .2 2 5 .0 U * 5 .2 2 5 .0 lt

$ 5 ,8 03.ao 2 9 .2 0 1 .5 8
$ 3 5 .0 0 U .9

$ 7,663.q8 11,332.2*2 l6 ,U 6 8 l(S
I35U 63.U I '
$ 7 0 ,3 7 7 .9 0

$ 326.U5 1 ,6 2 7 -9 6 218.23
$ 2 t1 7 2 .6 U
I7 .lt8 8 .2 2

*5,22S.O U

$ 7,989.53 1 2 ,9 6 0 .1 8 1 6 ,6 8 6 .3 9
$ 3 7 ,6 3 6 .1 0
$72.6U l.08

266

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

Balance July 1, 1952

CURRENT FUNDS

General Restricted

$ 50,2)47.39
88,006.62

Auxiliary

23.7U6.32

TOTAL CURRENT FUNDS$162,000.23

AGENCY FUNDS

$ 15,999.36

PLANT FUNDS

$ 26,887.32

TRUST FUNDS Endowment Student Loans TOTAL TRUST FUNDS

$ m , 120.72 8 0 0 .Uo
$ IL,921.12

TOTAL

$219,808.03

Receipts For Year

$ 7U2,170.97 25l,OUO.U8
Ul,192.39
tfl,03U,L03.04
$ 17 ,235.91
$ 60,805.58

$

77I4.86

9,772.91

$ 10.5U7.77

$1,122,993.10

Disburseme nts

Balance

For Year

June 30, 1953

$ 722,835.22 201,191.70 31,751.35
$ 955,781.27
$ 13.191.U8
$ 68,173.55
$ 1U,089.92 7,375.00
$ 21.U6U.92
$1,058,611.22

$ 69,583.lU 137,855.30 33,18U.36
$2U o,622.80
$ 20.0U3.79
$ 19,519.35
$ 805.66 3,198.31
$ U ,003.97
$28U,189.91

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Fund Balances July 1, 1952

Receipts

Basal Metabolism State Entrance Examiner Student Breakage Deposit Student Deposit on Fees Student Hlth & Activities Advance from Vet. Adm. Withholding Tax Retirement System Cont. Sales Tax City of Augusta

$

5 0 .0 0

26.00

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

6 ,9 3 U .O O

92U.UO

2U.30

(-) 2.75 620.66

TOTAL AGENCY FUNDS

$ 15,999.36

$ (-)5 o .o o (-)2 6 .0 0 5 ,U 9 U .U 5
( -) 1 5 5 .0 0 8,7 U 5.1 l Uo .3 5
687.00 2 ,5 0 0 .0 0
* 17,235.91

Di sbursements For Year
$ 5,U 02.36 6 ,U 6 6 .l8 2U.30 (--) 2.75 1 ,3 0 1 .3 9
$ 13,191.U8

Fund Balance June 30, 1953

$

0 .0 0

0 .0 0

5 ,2 8 U .8 U 2 ,0 7 5 .0 0

9 ,2 1 2 .9 3 96U.75 0 .0 0

0 .0 0

6 .2 7 2 ,5 0 0 .0 0

$ 20,0U3.79

267

STATEMENT OF INCOME OF RESTRICTED FUNDS BY DEPARTMENTS July 1, 1952 - June 30, 1953

General Budget: National Rind for fedical Education
Department of Biodi emistry: U. S. Atomia Energy Commission (Dr. S. A, Singal)
Department of Physiology & Pharmacology: American Heart Association (Dr. R. P. Ahlquist) Georgia Heart Association (Dr. W. F. Hamilton) Life Insurance Medical Research Fund (Dr. W. F. Hamilton) U. S. Public Health Service (Dr. W. F. Hamilton) U. S* Public Health Service (Dr. W. F. Hamilton) Research Reserve (Dr. W. F. Hamilton)

$ 15,255.00

7,2hO.OO

i U,U62.50
h,000.00 17,280.00
30,868.10 2 1 ,6 0 0 .0 0
2,875.90

81,086.50

Department of Pathology: Cancer Clinic (Dr. E. R. Pund)

Department of Medicine:

.N

U. S. Public Health Service (Dr. V. P. Sydenstricker)

U. S. Public Health Service (Dr. H. T. Harper, Jr.)

3,158.95

1U,775.00 lh,000.00

28,775.00

Department of Psychiatry:

v

U. S. Public Health Service (Dr. H. M. Cleckley)

Department of Endocrinology: (Dr. R. B. Greenblatt) Ayerst, McKenna, Harrison Chas. Pfizer & Company Ciba Pharmaceutical Products Merck & Co., Inc. rn. S. Merrell National Drug Company Schering Corporation G. D. Searle & Company Smith, Kline, & French The Upjohn Company Wyeth, Inc.

5 ,600.00

$ 1 , 500.00 3 , 0 00 .0 0 2 , 0 0 0 .0 0 1, 500.00
5.500.00
2.500.00 2,U 00.00 1 ,875.00
500.00
3 ,0 0 0 .0 0
U,000.00

27,775.00

Department of Oncology: U. S. Public Health Service (Dr. Hoke Wammock)
Department of Cytology: U. S. Public Health Service (Dr. H, E. Nieburgs) U. S. Public Health Service ( Dr. K. E. Nieburgs) U. S. Public Health Service (Dr. H. E. Nieburgs) Eli Lilly Company (Dr. H. E. Nieburgs)
TOTAL INCOME FROL RESTRICTED FUNDS

2U,U82.12

$12,656.05 2,179.5U
16,805.08 U00.00

32,0U0.67

$ 225.713.2U

268

STATEMENT OF INVESTMENT IN PLANT For the Year Ended June 30, 1953

Investment Beginning Of Year

UND

$127,500.00

BUILDINGS Newton Dugas Murphey Dwelling, 11*96 Harper

$ 80,000.00 11*0,000.00 11*0,00). 00 1,500.00

TOTAL BUILDINGS

$361,500.00

EQUIPMENT Administrative Offices Fhysical Plant Library Instructional Depts.

$ 18,61*8.50 287.50
95,127.92 31*7,220.98

TOTAL EQUIPMENT

$1*61,281*. 90

TOTAL INVESTMENT IN PLANT $950,281*.90

Additions $ 50,305.58
$ 50,000.00
$ 50,000.00
$ 1*,190.08 672.90
6,828.88 50,71*7.26 $ 62,1*39.12 $162,71*1*. 70

Deductions $117,805.58

Investment End
Of Year
$ 60,000.00

$ 1,500.00 $ 1,500.00

$ 80,000.00
190,000.00
11*0,000.00 0.00
$1*10,000.00

$119,305.58

$ 22,838.58 960.1*0
101,956.80 397,968.21*
$523,72l*.02
$993,721*.02

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT, JULY 1, 1952

ADDITIONS DURING YEAR Expended from Plant Funds: For Land For Buildings & Equipment Expended from Restricted Fund for Building 1951 Expended frcm Educational & General Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures

$50,305.58 16,212.31 50,000.00
1*1*,911.20
1,315.61

TOTAL ADDITIONS

VALUE OF PLANT JULY 1, 1952, PLUS ADDITIONS

DEDUCTIONS DURING YEAR Houses Sold and destroyed Property Deeded to State Board of Health apd Richmond County Board of Health

$1*1 , 805.58 77,500.00

DEDUCTIONS'DURING YEAR

INVESTMENT IN PLANT, JUNE 30, 1953

269

$950,281*. 90
162,71*)*. 70 $ 1, 113, 029.60
119,305.58 $993,721*. 02

SOUTH

GEORGIA COLLEGE FINANCIAL REPORT

FOR THE YEAR ENDING June 30, 1953
South Georgia College Douglas, Georgia

271

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable: Board of Regents Veterans Administration Other TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank 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 1953
ASSETS

& 6,086.85 132.00
l l U .OO

$ 9,539.1'.3 6,332.85 $ 15, 872.28

$ 12,lt5l.ll!
li.330.63

16,781.77

$ 32,65h.05

$

U ,0 8 2 .92

------ --- $

it,082.92

$ 1*8,867.92

, $186,213.26 725 03l!.22
152,710.51

$1,063,957.99 1.112,825.91
$1 ,11)9.562.88

272

BALANCE SHEET June 30, 1953

LIABILITIES

CURRENT FUNDS A. GENERAL
Accounts Payable Reserve for Faculty Leave Surplus
TOTAL GENERAL FUNDS

$ 680.21
3,61*0.09 11,551.98

B. AUXILIARY Reserve for Stores (Inventory) Surplus TOTAL AUXILIARY FUNDS

$ 1*,330.63 l?th5l.lii

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Funds Balance

III. PLANT FUNDS A. UNEXPENDED Fund Balances

B. EXPENDED Equity of Univ. System Bldg. Authority Invested in Plant TOTAL PLANT FUNDS

$ 2 30,76!;. 1.0 833,193.59

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 15, 872.28
16,781.77 $ 32,65U.05 1*,082.92
I 1*8,867.92
$1,063,957.99 $1,112,825.91
$1,11*9,562.88

273

AUXILIARY ENTERPRISES

INCOME

The following table reflects the comparative Auxiliary Income and the percentage of each to the total of Auxiliary Income.

Activity

1951-52 Amount Per Cent

1952-1953 Amount Per Cent

Book Store Co-op Dining Hall Dormitories Farm Housing Project
TOTALS

$ 5,931.72 6,501.1+2
1+3,759.1+8 13,187.38
3,525.05 3,992.00
76,097.05

7.7 8.5 56.9 17.1 1+.6 5.2 100.0

$ 6,51+3.28 6,l+2l+.i+i+
52,751+.13 16,91+3.1+8
2,239.98 l+,565.35 $ 89,1+70.66

7.3 7.2 59.0 18.9 2.5 5.1 100.0

EXPENSE

The following table presents a. comparison of expendituresj for Auxiliary Enterprises for a two-year period and the percentage of` each activity to the total.

Activity

1951-1952 Amount Per Cent

1952-1953

Amount

Per Cent

Book Store Co-op Dining Hall Dormitories Farm Housing Project

$ 5,11+3.18
6,016.1+0
1+3,758.77 13,512.70
2,886.81+
2,199.91+ $ 73,517.83

7.0 8.2
59.5
18.1+
3.9 3.0 100.0

$ 6,51+1.51 8.2 5,999.70 7.5
1+7,978.07 60.I
11,137.91 ll+.O
1,51+2.57 1.9 6,567.61+ 8.3
$ 79,767.1+0" 100.0

INCOME AND EXPENSE

The summary below presents the total income and expense of each activity in

Auxiliary Enterprises and the amount and percentage of net income of each to the

total for the year 1952-1953*

Net Income

Per Cent

Activity

Income

Expense

Amount Per Cent

of Total

Book Store Co-op Dinihg* Hall Dormitories Farm

$ 6,51+3.28 6,1+2 1+.1+1+
$2,751+.13 16,91+3.1+8
2,239.98

$ 6,51+1.51 5,999.70
1+7,978.07 11,137.91
1,51+2.57

$ 1.77
I+2I+.77 1+,776.O6
5,805.57
697.1+1

6.6 9.0 31+.3 31.1

3.7 1+0.8 1+9.6
5.9

TOTALS

&6i+,905.31 $73,199.76 $11,705.58

100.0

Housing Project excluded.

274

PLANT FUND

The following is a schedule of Plant. Fund Receipts and Disbursements for the fiscal year 1952-1953.

RECEIPTS
Balance, July 1, 1952
Board of Regents Transfer from Auxiliary Enterprises Transfer from Educational and General
TOTAL RECEIPTS

Amount
$1*0,298.11*
76,500.00 17,112.12
It,550.00 $138,1*60.26

Per Cent
29.1
55.3 12.1*
3.2 100.0

DISBURSEMENTS
To Acquire Airport Property Fire Safety Program Repairs - Airport Buildings President's Home Campus Sewer System Campus Landscaping Cover Hot Water Lines Repair Steam Lines Dormitory Furnishings Dining Hall Furnishings Miscellaneous Equipment
TOTAL DISBURSEMENTS
BALANCE, JUNE 30, 1953

$12,500.00 29,569.38 3,951*.35 28,932.91+
2 7 1 .7 9
2,1*15.18 928.08
1,500.00 2,975.90
617.57 5,927.15
$89,592.31*
$1*8,867.92

ii*.o 33.0
l*.l* 32.3
.3 2.7 1.1 1.7 3.3
.7 6.5
100.0

AGENCY FUND
The statement of Receipts and Disbursements for Agency Funds is shown on the following pages of this report.

275

COMMENTS

This report is assembled on the basis of receipts and disbursements, with the exception of the 3alance Sheet, which reflects all known assets and liabilities, including both accounts receivable and accounts payable.
A separate accounting is maintained for each of the Funds of the institution. Details of operations for each Fund are given below.

EDUCATIONAL AND GENERAL

INCOME
The following summary gives the source of income and the percentage of each item to the total for Educational and General purposes only. The increase of .$19,675.38 is due in part to the receipt during the fiscal year of $>10,07U.ll4which was due from the Regents and unpaid at June 30, 1951

INCOME

The following summary gives the source of income and the percentage of each item to the total for Educational and General purposes only. The increase of $19,675.38 is due in part to the receipt during the fiscal year of $10,07iulU which was due from the Regents and unpaid at June 30, 1951.

Source

1951-1952 Amount Per Cent

1952-1953 Amount Per Cent

STUDENT FEES Non-Resident Tuition Matriculation Health Fees Other TOTAL STUDENT FEES

$ h , 726.87 20,111.61 2,008.90 1,212.09
$ 20,059.V?

3.7 15.6
1.6
.9

$ 3,705.55 23,271.67 2,316.00
1,380.20
$ 30,673.142

2.5 15.6
1.6
.9

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
TOTALS

$ 100,925.86 78.2 $ 128,905.33 100,0

$ 117,987.29 79.h $ 11+8,660.71 100.0

EXPENSE

iucational and General expenditures by function to the total,

Function
Administration Student Welfare Physical Plant Library Instruction Faculty Leave
TOTALS

1951-1952 Amount Per Cent

1952-1953 Amount Per Cent

$ 26,717.28
5,590.75 21,589.37
5,169.98 72,311.90

20.3 U.3
1 6 .u
3.9 55.1

$ 33,736.13 3,851.88
23,070.37 U,975.23
67,787.80 5 ,io U .o o

2h . k 2.8
16.6 3.6
U8.9 3.7

$131*379728" 1O.0 $ 136,525oiil io O .u O

STATEMENT OF CURRENT INCOME For Year Sided June 30, 1953

A* EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Fees Other TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Plus Amount Payable at Beginning of Year Less Amount Unpaid at End of Year

$ lli* , 000.00 10,07l*.ll*

TOTAL EDUCATIONAL AND GENERAL INCOME

B. AUXILIARY EJTERPRISES BOOKSTORE

CO-OP

DORMITORIES Davis Hall Fraser Hall Powell Hall Proctor Hall Tanner Hall Women*s Dormitory TOTAL DORMITORIES
DINING HALL

$ 3,309.32 230.00
5,l*9l*.81*
2,330.56 20.^0
5,558.26

FARM

HOUSING FROJECT

TOTAL AUXILIARY INCOME

TOTAL CURRENT INCOME

$ 3,705.55 23,271.67
2 ,3 1 6 .0 0 1 ,380.20
$12l*,07l*.ll* 6,086,85
$ 6,51*3.28 $ 6,1*21* 1*1*
$ 16,91*3.1(8 $ 52,751*.13 $ 2,239.98 $ 1,781*. 95

$ 30,673.1t.2 117,987.29 $11*8,660.71
$ 86,690.26 $235,350.97

277

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Total

Object Classification

Operating

Salaries & Wages

Supplies & Expense Equipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
Comptroller's Office General Expense President' s Office
nwr at ATW & frRNTCRAT.

$ 7,U80.71 $ 7,300.00

12,89U.U2

110.00

9 ,3 2 1 .2 0

9 ,0 5 0 .0 0

U .0 3 9 .8 0

U .000.00

1 3 3,?3 6 . T " & 20.U60.00

t 180.73 12,78U.U2 271.20 39,80
$ 1 3 .2 7 6 .1 3

STUDENT WELFARE Dean of Students frri'TAT Q'nrrnrWT InTRT.FA'RE
PLANT OPERATIONS TJjXTJPuPLuAUPlYl

$ 2,819.0U $ 2,680.00

1 .0 3 2 .8U

695.61

t 3 . 88r ' 1 3 . 7 5 . U "

t 23.070.37 S 15.399.93

t U.975.23 & 3.330.51

t 1 3 9 .OU 337.23 kl.Y
t 7.670.UU
t 1.6UU.72

INSTRUCTION Business Administration Education Fine Arts Home Economics Languages Mathematics Physical Education Science Social Science TOTAL INSTRUCTION
truAMviUTJijpivl JtjitaAtvniSri

* 8,389.52 $ 8,200.00

U ,200.00

U ,200.00

U ,321.70

3 ,1 0 0 .0 0

3,21*8.27

3 ,0 3 1 .5 0

1 1 ,2 9 2 .3 1
U ,3 2 1 .U 5 1 0 ,6 $ 2 .2 2

1 1 ,2 0 0 .0 0 U, 300.00
1 0 ,2 7 0 .0 0

1 0 ,1 9 7 .7 0

8 ,6 U 7 .1 6

1 1 .1 6 U .6 3

1 0 .9 0 0 .0 0

$ 67*787.80 ' I 3 .8 1 ( 0 5 "

t 5.10U.00 t 5 ,io U .o o

$ 182.17
533.30 216.77
92.31 21.U5 382.22 1 ,0 0 8 .0 U 26U.63 $ 2,700.09

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

1 13 8.5 25 .Ul t i l l . 518.71

* 2 5 .768.US

non* ex p en se Transfer to Plant Rinds

t U.550.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

*

7.35

688.1(0

5U2.50 $1 ^2 3 5 .2 5

$ 1 ,2 3 8 .2 5

CURRENT EXPENDITURES (continued) Total

Object Classification

Salaries & Wages

Operating Supplies & Expense

Equipment

AUXILIARY EXTERPRISES BOOKSTORE

$ 6,51*1.51 $ 1*80.00

CO-OP

$ 5,999.70 $ 1,025.88

DINING HALL

$ 1*7,978.07 $ 8,962.27

DORMITORIES Davis Hall Eraser Hall Powell Hall Proctor Hall Tanner Hall Women's Dormitory TOTAL DORMITORIES

$ 2,21*6.71*
213.00
2,1*62.53 1,872.1*6
57.89
1*,285.29
W 11,137.91

$ 1,1*71.28 28.00
1,581*. 65 1,220.61*
20.00 3,138.11* $ ' 7,1*62.71

FARM

$ 1,51*2.57 $

29.50

HOUSING PROJECT

$ 1,561.00 $ 789.00

TOTAL AUXILIARY ENTERPRISES $ 71*,760.76 $ 18,71*9.36

NON-EXPENSE Transper to Plant Funds Transfer to Student Activities

$ 12,600.00
330.17 F U , 930.17

TOTAL AUXILIARY DISBURSEMENTS $ 87,690.93

TOTAL CURRENT EXPENDITURES

$213,286,17 $130,268.07

$ 6,061.51 $ 1*,973.82 $39,015.80
$ 775.1*6 185.00 877.88 651.82 37.89
1,061.10 $ 3,589.15 $ 1,513.07 $ 772.00 $55,925.35
$81,693.80

$ 86,05 $ "T O $ 86.05
$1,321*. 30

279

STATEMENT OF CHANGES IN CASH BALANCES For Tear ended June 30, 1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance July 1, 1952

Receipts For Year

Disbursements Cash Balance For Year June 30,1953

$ 3, 95h .l3 13, 151.81 $1 7 ,a05i 9a
IU M 10.26
$ a , >413.33 166, 6 2 9 .5 3

1118, 660.71 86, 690.26
$35, 350.97

$1U3,075.1a 87, 690.93
" $230,766.3U

$ 93, 650.00

$ 89, 592. 3a

$ 28, 716.90

$ 29,oa7.31

$357, 717.87 $3a9 ,ao5 .9 9

$ 9,539.a3 i 2,a5i .i a $1 ,990.57 $a8, 867.92 $ a,082.92 $7a ,9a i.a i

ANALYSIS OF CASH BALANCES June 30, 1953

Fund o r Account
Agency Auxiliary Educational and General Plant Fund
TOTAL

Coffee County Bank

Farmers Bank

$ 9 ,5 3 3 .a3

$ 3,265.06 11,197.82
a8,855.6a

$9,533.a3

$63,318.52

Cash On Hand
$ 817.86
1,253.32
6 .0 0 12.28
$2, 089.a6

Total
$ a , 082.92 i2 ,a 5 i.ia
9 ,5 3 9 .a 3
a s , 867.92
$7 a,9 ai.ai

280

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Cash Balance July 1, 1952

Receipts For Year

Disbursements Cash Balance For ^ear June 30,1953

STUDENT ACTIVITIES ATHLETICS Awards and Tropies Cheer Leader Univorms Baseball Basketball Football Work Scholarship TOTAL ATHLETIC
STUDENT CLUBS Camera Club Commerce Club Dramatics Club Student Council TOTAL STUDENT CLUBS
STUDENT PUBLICATIONS Annual Student Newspaper TOTAL STUDENT PUBLICATIONS
OTHER STUDENT ACTIVITIES Fair Exhibit Student Fees TOTAL OTHER
TOTAL STUDENT ACTIVITIES
OTHER AGENCY FUNDS Airport Room Reservation Social Security Deduction Student Bank Teacher Flower Fund Miscellaneous - Pete Cox TOTAL OTHER AGENCY FUNDS
TOTAL AGENCY FUNDS

$ 81.18
821.91 7,980.32
1,780.00
'*"'$10,663 ill

$ 859.57 63.35
397.86 1,889.78 7,886.02 1,378.00 ~ $11,678.18

$

5.oo

$ 16.99

i.5o

10.95

977.08

7.82
1 ,322.11

1 55338 " I" 1,357.87

$ 288.00 208.90
"I 896.90

$ 1,893.17 606.50
2,099.67

$ 25.00 3,858.00
$ 3,883.00
$ (-) 71.80 $16,026.89

$15,131.72 $ 823.37

$ 2,2 2 6 . 2 k $ 2,780.li0
2,093.00 2 ,6 0 1.0 0

$ 5,006.68 1,888.00

$2,850.00

198.25

198.25

181.19 6,969.83

6,981.58

169.88

(-)15.30

95.53

38.57

81.66

ii5.00

88.80

.20

$ 8,885.13 $12,690.01 " "$13,915.59 " $3,259.55

L U.la3.33 $28,716.90

$29,087.31 $8,082.92

281

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

BALANCE, JULY 1,*1952
ADDITIONS: Governmental - State of Georgia Board of Regents Transfer from Educational & General -Funds Transfer from Auxiliary Funds TOTAL ADDITIONS TOTAL BALANCE AND ADDITIONS
DEDUCTIONS: LAND
BUILDINGS AND ADDITIONS TO BUILDINGS Presidents Home Elimination of Fire Code Deficiencies Davis Hall Dining Hall Gymnasium Peterson Hall Powell Hall Science Building Thrash Hall
TOTAL BUILDINGS AND ADDITIONS
IMPROVEMENTS OTHER THAN BUILDINGS Stoker for Heating Plant Campus Sewer System Landscaping Cover Hot Water Lines Steam Line to Gym TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Dormitories Dining Hall Miscellaneous Equipment Instructional Equipment Business Administration Equipment Other Equipment TOTAL EQUIPMENT
TOTAL EXPENDITURES FOR P U N T ADDITION

$28,932.9k
8,031.22
912.29 273.69
h,223.72
7,h96.k6 9k3.31
320.20
$ 2,513.10 271.79
2,ld5 .l8 928.08
2,U50.27
$ -2,975.90 617.57
513.U3 2,020.10
880.52

$76,500.00
h,550.00 12,600.00 $1 2 , 500.00
$51,133.83
$ 8,578.1+2
$ 7.007.52

Funds for Plant
Additions $ U+,8l0.26 $ 93,650.00 $130,1+60.26
$ 79,219.77

282

UNEXPENDED PLANT FUNDS (continued)
EXPENDITURES NOT CAPITALIZED Repair of Steam Lines Rearrangement of Steam Lines Housing Project Repairs TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS BALANCE, JUNE 30, 1953

$ 1, 500.00
I, 9 1 8 .2 2
3-.95U .35

Funds for Plant
Additions
$ 10,372.57
$ 8 9 , 5 9 2 . 3U
I U 8 ,8 6 7 .9 2

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1953

VALUE OF PLANT,. JULY 1, 1952
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Building and Contents constructed by University System Building Authority Appraised value of buildings acquired from Public Housing Administration
TOTAL ADDITIONS
VALUE OF PLANT PLUS ADDITIONS, JUNE 30, 1953
DEDUCTIONS FOR YEAR Buildings Destroyed
VALUE OF PLANT, JUNE 30, 1953
DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN P U N T , JUNE 30, 1953

$ 79,219.77 1,230.90
2l*7,2lf7.59 11*8,000.00

$ 589,559.73
$ 1*75*698.26 1,065.257.99
$ 1 ,300.00
$1,063,957.99 $ 230,761*.ii-0 $ 833,193.59

284

I/>
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Year Acquired

Investment Beginning Of Year

Additions Deductions*

Investment End of Year

A. LAND

Campus

Off Campus

]

Off Campus - Raymond Richardson

Tract 28.3 Acres

TOTAL LAND

1907 1953

$ 16,000.00
37,500.00
1 53,500.00

$ 16,000.00 37,500.00

$ 12 ,500.00

12,500.00

| 12 ,500.00 ~~ $T66,000.00

B. BUILDINGS

)

Peterson Hall

1j

Auditorium Davis Hall

Fraser Hall

1

Powell Hall

Proctor Hfcll

Tanner Hall 3
Dining Hall

]

Shop and Sheds

Gymnasium

Girls Dormitory - Building

Authority

Air Port Property

Administration Building

Ground School Building

Hospital Building

Canteen Building

Mess Hall

Building No. 1

Building No. 2

Building No. 3

Building No. b

Building No. 5
Building No. 6

Building No. 7
Building No. 8

Building No. 9

Building No. 11

Link Building

Miscellaneous on Campus

Stadium

Farm Tenant House

Farm Barn

Tobacco B a m (Cypress Pole)

Kirkland House

Syrup Shed

Storage Garage

Cabin

Tobacco Barn ( Frame)

,

1907 1936 1907 192 9 1907 1929 1929 1927 1933 1936
1952
1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953

$ 39,763.60 1 3 ,500.00
35,856.52
lb,000.00
35,57b.2i lb,229.bO
1 2 ,000.00
30,78lwU5
1 ,500.00 1 8 ,000.00
5 ,000.00 5 ,000.00 3,000.00
300.00 3,000.00
300.00 200.00 1 ,000.00 100.00

$ b,223.72
8,031.22
7,U96.U6
912.29 273.69

$ b3,987.32 1 3 ,500.00
U3,887.7b
lh,000.00
1*3,070.67
lit, 229.1*0 1 2 ,000.00
31,696.7b 1,500.00
18,273.69

233,658.149
12 ,000.00 1 5 ,000.00 10,000.00 8,000.00 15 ,000.00 10,000.00
7,500.00 7,500.00
10,000.00 10,000.00
7,500.00 7,500.00 10,000.00 7,000.00 3,000.00 8,000.00
200.00* 1 ,000.00*
100.00*

233,658.b9
1 2 ,000.00 1 5 ,000.00 10,000.00 8,000.00 1 5 ,000.00 1 0 ,000.00
7,500.00
7,500.00 10,000.00 10,000.00
7,500.00 7,500.00 10,000.00 7,000.00 3,000.00 8,000.00
5 ,000.00 5 ,000.00 3 ,000.00
300.00 3,000.00
300.00

285

INVESTMENT IN PLANT (continued)

President's Home Thrash Hall Science Building
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS Heating System Landscaping Lighting System Marble Memorial Fountain Streets and Sidewalks Swimming Pool Campus Bell System Campus Sewer System TOTAL IMPROVEMENTS
EQUIPMENT Administrative Offices Plant Operations Library Instruction Dormitories Dormitories - Building Authority Dining Hall Gymnasium Farm Co-op
TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

investment

Year

Beginning

Acquired Of Year

1939 19U6

$ 36,866.66
23,567.06
m&ii.so

Additions Deductions*

Investment
End of Year

$ 28,932.91*
320.20
91*3.31 $1*31,1*92.32

$ 28,932.91*
37,186.86
21*,510.37
$725,03!*.22

$100,k83.6l
3,208.73
1 ,600.00 1 ,000.00 2,000.00 2,800.00
$1 1 1 ,092.3U

$ 5,891.1*5 $ 106,375.06

2,1*15.18

5,623.91

1 ,600.00

1 ,000,00

2,000.00

2,800.00

51*2.50

51*2.50

271.79

271.79

t y;i5:$2 $ 120,213.26

$ 5,026.57 8,1*06.72
21,256.22
1*5,896.65
20,195.79
17,792.02 8,735.20
1 ,177.00
2,939.32
#L31,1|25.1i9
$589,559.73

$ 2,020.10 $ 880.52
1 ,201.83 2,975.90

7,01*6.67
9,287.21*
21,256.22
1*7,098.1*8
23,171.69

13,589.10
617.57

13,589.10
18,1*09.59

8,735.20
1 ,177.00

2,939.32

$ 21,285.02 $ 152,710.51

$l*7lt,398.26 $1,063,957.99

286

FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, 19i>3
West Georgia College Carrollton, Georgia

BALANCE SHEET J-une 30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Board of Regents Veterans Adminis tration Students Other TOTAL GENERAL FUNDS

$28,966*56

$11,766.1*9

JU3jU.65
122.00
165.00

29*738.21

$lil,50lu70

B. AUXILIARY Cash in Bank Accounts Receivable Veterans Adminis tration Students Other Bookstore Inventoxy
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand Cash in Bank TOTAL AGENCY FUNDS

$17,283.88

$ lil.25 95.00
202*00

338.25
2,588*66

$20,210*79
$ 2,082.20
2,523.62

61,715.1*9 li,605.82

XEI. PLANT FUNDS, UNEXPENDED A* Cash in Bank
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS

$10,128.73
$27,500.00 707,123.77
90,655.32 236,533.81
$1,061,812*90

TOTAL ASSETS

$1,171*262.91*

288

BALANCE SHEET June 30, 1953
LIABILITIES
289

STATEMENT OF CURIENT INCOME For Year Ended June 30, 1953

A EDUCATIONAL AiD Ge NEr AL STUDENT'FEES Non-Resident Tuition Intridila tion Fee Health Fee Surnmer School Other Fees TOTAL STUDENT FEES

$ 2,122.71* 21,1*23.97 2,01*3.82 3,91*1.50 1,098.00
130,630.03

PUBLIC APPROPRIATIONS State of Georgia

Rental Operations $129,000.00 Amount Payable Beginning

of fear Less Amount Unpaid
at End of Year
Vocational Funds

Il,g2lt.li3

TOTAL PUBLIC APPROPRIATIONS

WiO,52lt.!i3
28,966.56 $1 1 1 .557.87 1 ,172.1*2
$112,730.29

OTHER SOURCES Property Rentals

$ 2,703.50

TOTAL EDUCATIONAL AND GENERAL INCOME

$11*6 , 063.82

AUXILIARY ENTERPRISES BOOKSTORE

$ 8,082.96

DINING HALL

$ 1*6,1*92.1*6

DORMITORIES Adamson Aycock Melson Mandeville TOTAL DORMITORIES

$ 1*,273.66 5,693.68 917.16 5,053.22
$13,937.72

SHOPS

$ 965.00

FARM 5

TOTAL AUXILIARY INCOME TOTAL CURRE'NT INCOME

$ 77,078.09 $223,11*1.91

290

{STATEMENT OF CURRENT ESPENDITURES For Tear Ended June 30, 1953

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 Art Biology Chemistry Commerce Dean Drawing and Engineering Economics Education English Foreign Languages Home Economics History Humanities Mathematics Music Physical Education - Men Physical Education - Women Psychology Political Science Physics Sociology Summer School Teacher Training TOTAL INSTRUCTION
EXTENSION
TOTAL EDUC. & GEN EXPENDITURES
NON-COST Transfer to Plant Funds
TOTAL EDUC. AND GEN. DISBURSEMENTS

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

$ 8,3U8.25 I1 7,992.a6 $ 3a8.ia $ 7.65

7,083.03 1,27a.38 5,781.65

27.00

7,331.59

6, 966.23

365.36

2.969.M* 2,530.85

377.79

60.80

$ 25.732.3 1 18,763.92 16,872.9a $ 95.a5

$ 1,750.67 1> l , 62a.OO $ 25,3^2.90 $ lU,9U2.01 $ 6,110.35 1 a ,202. 0a

$ 126.67 $9,732.7a $1,908.31

$
$ 668.15

$ 2,1*71.83 1f 2,300.03

3,711*.58 3,a71.96

1*,517.02

a ,31*1.2 8

1*, 101.88 U,193.37
9aa.32

3,572.oa 3,19a.08
900.01

i,aoo.oa 5,367.35 7,383.3a 3,ao5.96

i,aoo.oa 3,895.59 7,172.oa 3,399.96

3 , 13 6 . a7 962.92
2,999.98 3,aa2.26
1,992.99 2,262.a6 2,259.ao 2,aoo.oo

3,099.96 910.95
2,97a.98 3,399.96 1,721.00
l,658.a3 2, 038.00 2,aoo.oo

i,aaa.3a 3,120 .31 1 , 399.92 5 , 092.66

i,a36.oa 2, 50a. 00 1 , 399.92 5, 092.66

8,679.97 8.198.57

76,693.37 $ 70,a8l.5O

$ 171.80 2a2.62 175.7a a90.91 519.29
aa.3 1
l,a71.76 196.30 6.00 31.0 1 51.97 25.00 a2.3o 271.99 60a. 03 l67.ao
8.30 aa7.65
asi.ao
5.1A9.V

$ 1,087.5a 1

$ 1 ,087.5a

$136.7l7.ia Hl0.013.a7 $25,177.98

$
38.93 a8o.oo
15 .0 0 5.50
5a.oo 168.66
1 762.09
$
$1,525.69

$ 8,500.00
* U i 5 . 217.11
291

CURRENT EXPENDITURES (Continued)
AUXILIARY ENTERPRISES BOOKSTORE DINING HALL DORMITORIES
Adamson Aycock Iifondeville Nelson
TOTAL DORIC TORIES FARM TOTAL AUXILIARY EXPENDITURES NON-COST
Transfer to Plant Funds TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES
TOTAL DISBURSEMENTS

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

$ 7,1*12.27 $ 1 ,692.61* $ 5,719.63 $
1 1*9,397.93 $11,1*12.19 $37,650.95 $ 331*.79

$ 3M.11
5,21*0.91
2,931.80
1*53.81
f .12,071.29

t 1,1(15.1(3
l,97li.80 1,387.13
102.75 $ l*s880.11

$ 10,61*0.90 $ 5s316.25

$ 1,91(2.52 $ 3,126.59
1 ,1(76.1(6
335.57 $ 6,081.11* T

86.82
139.52
68.21
15.1(9
310.01*

$ 5,179.65 $ 11*5.00

$ 79,522.39 $23,301.19 $55,1*31.37 $ 789.83

$ 3s000.00
$ 82,522.39
$216,239.53 $133,311*.66 $80,609.35 $2,315.52
$227,739.53

STATEMENT OF CHANGES IN CASH BALANCES For Year Ending June 30, 1953

CURRENT FUNDS General Auxiliaiy 1U1AL GUKRENT FUNDS
AGENCY FUNBS
PLANT FUNDS
TOTALS

Balance

Receipts

JiCLy 1,1952 For Year

disbursements Balance

For Year

June 30,1953

$10,919.81
22,728.18
$33,61*7.99

$11*6,063.82
77,078.09 $223,1.1*1.91

$11*5,217.11*
82,522.39 $227,739.53

$11,766.1*9 17,283.88
$29,050.37

$ 3,21i*.33 $ 51,090.77 $ 1*9,699.28 $ i*,605.82

$1*1,301.59 $ 28,250.00 $ 26,1*22.86 $1*3,128.73

$78,163.91 $302,1*82.68 $303,861.67 $76,781*.92

BANK BALANCES

Peoples Bank (Agency) Peoples Bank (Auxiliary) West Georgia National (Operating) Cash on Hand

! l,8'5l.2li 1? ,2o3.dd
, 55,567.60 2 082.20
$76,781i.92

.STATEMENT OF AGENCY FINDS For Year Ended June 30, 1953

Group Insurance Sales Tax Room Reservation Student Activities Student Bank Athletic Association Retirement Collections Withholding Tax
TOTAL AGENCY FUNDS

Balance

Receipts bisbursements Balance

July 1, 1552 For Year For Year

June 30,195.

$ 639.21
1,366.25
1 ,352.62
1,159.36 - 1,303.11

$ 2,892.21
280.25 2,380.50
i*,9b0.11t
23,163.91 1,303.11 3,636.08
l2,I9i-.57

$ 3,21.33 $5 1,090.77

$ 2,859.Oli 280.25
1,90^.25 5,91lL.52 22,583.57
3,636.08 12,l-9iu57
$9,699.23

i 672.38
l,3h2.50
351.2li
1,739.70
$ ,605.82

STATEMENT OF UNEXPENDED PLANT FUNDS Year Ending June 30, 1953

BALANCE, BEGINNING OF YEAR ADDITIONS:
State Appropriation Transfer from Auxiliary Funds Transfer from Educational and General Funds
TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions: Buildings and Additions to Buildings Adamson Hall Administration Building Dining Hall--Auditorium Library Mandeville Hall Melson Hall Rural Arts
Total Buildings and Additions to Buildings

Funds for Plant Additions
$[,301.59
$16,750.00 3,000.00 8,500.00
$69,551.59
$ 7,862.50 2,61*9.13 92.68 37iwl5
272.61
7,011.27
37h.l6
$19,036.50

293

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)
Improvements Other Than Buildings Landscaping
Equipment Physical Plant -- Fire Extinguishers
Total Expended for Plant Additions Other Deductions:
Expenditures not Capitalized Survey, Science Building Summer Renovation and Repairs Total Other Deductions
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds for Plant Additions
$ 593.1+7
# l,01i+*29
$20* 61|*'26
$ 15.00 5,763.60
? 55770*60 $26* 1+22*86 $1+3,128*73

SUMMARY- OF INVESTMENT IN PLANT Year Ending June 30* 1953

VALUE OF PLANT, JULY 1, 1952
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 Building and Contents constructed by University System Building Authority TOTAL ADDITIONS
TOTAL Less Deduction - Storm Barracks Sold
VALUE OF PLANT JUNE 30* 1953 Less: Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30* 1953

$ 785,598.35
$20* 61+1+.26 1,525*69 789*83
257*71+5.33 --- 1------ $ 2,80*705.11
$1,066,303.1+6 Its 1+90.56
$1, 061, 812.90
21+0*562*31 $ 821*250.59

STATEMENT OF INVESTMENT IN PLANT Year Ending June 30, 1953

LAND Campus Off-Campus
TOTAL LAND
BUILDINGS Adamson Hall Admini stration Aycock Hall (Bldg, Authority) Boodstore Borders Barracks Dining Hall-Aucitorium Engineering & Drawing Gunn House Hamm Barracks Log Cabin Dormitory Library Machine Shop Maintenance Shop Ifendeville Hall Rogers Hall Melson Hall Plant Supervisors Home President's Home Recreation Center Rural Arts Storms Barracks Sand Hill Apartment Tenant House No, 1 Tenant House No, 2 Tenant House No, 3 Tenant House No, 1* Tenant House No, 5 Tenant House No, 6 Woodshop Wright Barracks Cow B a m Crib Dairy B a m Male B a m
TOTAL BUILDINGS

Investment

Year

Beginning

Acquired of Year

Additions or
(Deductions)

Investment End
of Year

1907 1907

$ 1*,000.00
23,500.00
27,500.00

$ 1*,000.00 23,500.00
"15 27,500.00

1907 1907 1952
!9Ui 19bh
1937
19h6
1907
I9bh
1932 1938
19U* 191*8 1935 191*6
1907 1907 1907 191*7 1935 191*5 191*5 191*1* 1907 191*3 191*1* 191*6 1938
191*1* 191*1* 191*6 1907 191*1* 1907

1 1*5,396.59 61,022.73
1*, 1*66.00 5,928.1*7 75,11*8.82 6,000.00 5,275.00 5,928.1*8 3,100.00
hS,07k.56
10,000.00 1,200.00
3i*,07l*.51* 2,058.03
1*3,867.1*9 1,275.00 6,000.00 1*,930.00
1*5,067.51* 1*,1*90.56
5,382.85 500.00 200.00
1,261*.20 500.00 500.00
1 ,051.00
10,000.00
10,673.76 5,000.00
200.00 3,000,00 2,000.00
r o i575.t'

$ 7,862.50 2,61*9.13
21*2,002.21

# 53,259.09 63,671.86
21*2,002.21

1*,166.00

1*92.68

5,928.1*7
75,61*1.50
6,000.00
5 ,275.00

5,928.1*8

3,100.00

37l*.l5

1*5,1*1*8.71 10,000.00

272.61

1^200.00 31*, 31*7.15

7,011.27

2,058.03 50,878.76

1,275.00

6,000.00

- 37l*.l6 (1*, 1*90.56)

1*,930.00 1*5,1*1*1.70

5,382.85 500.00

200.00 1,261*. 20
500.00

500.00

1,051.00
10,000.00
10,673.76
5,000.00
200.00
3,000.00
2,000.00

T ' 70t,l23.77

293

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year ^ired

Investment Beginning
of Year

Additions or
(Deductions)

investment End
of Year

C. D 'PROVE'NTS OTHER THAN BLDGS. Streets and Walks Limiting System Pleating System Athletic Field and Tennis Courts Water System Landscaping TOTAL IMPROVEMENTS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories Dormitory (Bldg. Authority) Dining Hall Bookstore Farm Shops TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 8 ,3 9 0 .0 0 1 2 ,9 2 6 .7 7 2 6 ,5 0 0 .0 0 1 5 ,3 2 6 .1 1 )
2 6 ,2 7 lu 9 9 62-3.95 1 593.2-7
9 0 , 0 6 1 . 8 5 ..... 5 9 3 . ^ 7

$ 8 ,3 9 0 .0 0
1 2 ,9 2 6 .7 7 2 6 ,5 0 0 .0 0 1 5 >326.124
2 6 ,2 7 1 .9 9 1,237 .2 | 2
$ 9 0 ,6 5 5 .3 2

$ 5 ,9 5 7 .3 0 1 7 ,3 0 8 .3 2 i 2i5,7 9 3 .0 5 2 jl ,505.2^9 40,3 0 9 .0 9
2 2 ,6 9 0 .9 6 24,22.7.324
12 4 ,9 1 8 .3 1 2 2 4 ,7 3 1 .0 0 $21 7 ,2 4 0 0 .8 8



9 5 2.t5

1 , 6 8 2 iilj.

7 6 2 .0 9 3 1 0 .0 2 t I5 ,7 ii3 .1 2 3 3 2 ;.7 9
1 2 ^ 5 .0 0

$ 9 , ?2 .9 3

$ 6 ,0 5 2 .7 5 1 8 ,9 9 0 .7 8
U 5,7 9 3 .0 5 4 2 ,267.58
2tO ,6 l9 .1 3 1 5 ,7 243.12
2 3 ,0 2 5 .7 5 4,2247.324
1 5 ,0 6 3 .3 1 2 U ,7 3 1 .0 0 ' Q 2 3 6 ,5 3 3 .8 1 '

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

FINANCIAL REPORT
FOR THE YEAR ENDING JUNE 30, 1953
Middle Georgia College Cochran, Georgia

BALANCE SHEET June 30, 1953

ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Accounts Receivable-- Board of Regents

$ 702.65 5,91*9.85

TOTAL GENERAL FUNDS

$ 6,652.50

B. AUXILIARY Cash in Bank Stores (Inventories)

$ 3,807.97 13,710,00

TOTAL AUXILIARY FUNDS

17,517.97

TOTAL CURRENT FUNDS

$ 2U,170.1|7

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

$ 3,737.15

3,737.15



21*. 73

$ 18,1400.00 759,1*71.82 25,1*50.00 271,312.89
$1,071*, 631*. 71
1,07l*, 659.1*1*
$1,102,567.06

298

BALANCE SHEET June 30, 1953

LIABILITIES

L. CURRENT FUNDS A. GENERAL General Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Reserve (Inventories) Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 6,652.50
$ 6, 652.50

$13, 710.00
3,807.97

17,517.97 $ 2U ,170.ii7

II. AGENCY FUNDS Fund Balances

TOTAL AGENCY FUNDS

HI.

PLANT FUNDS A. UNEXPENDED
Fund Balance

B. EXPENDED Equity of Univ. System Bldg. Authority Invested in Plant

TOTAL PLANT FUNDS

TOTAL LIABILITIES AND SURPLUS

$

3,737.15

3,737.15

$

2U.73

$15U,832.23 919,802.U8

$l,07U,63h.71

|1,07U,659.UU $1.102,567.06

299

STATEMENT OF CURRENT INCOME
For Year Ended June 30, 1953

General Income

A. EDUCATIONAL AND GENERAL STUDENT FEES Non Resident Tuition Matriculation Health Service Other Student Fees TOTAL STUDENT FEES

$ 1,1*60.00 15 ,030.00 1 ,502.00
508.00
$ 1 8 ,5 o o .o o

PUBLIC APPROPRIATIONS State of Georgia Less amount payable at end of year

$97,000o00 5,91*9.85 $ 91>050*15

OTHER SOURCES Rents from Property

$ 2,000.00

TOTAL EDUCATIONAL AND GENERAL INCOME

$in,55o.i5

AUXILIARY ENTERPRISES BOOKSTORE

$ U,391.01

CAMPUS STORE

$ 7,793.61*

DORMITORIES Peacock Hall Wiggs Hall Talmadge Hall Veterans Apartments TOTAL DORMITORIES

$ 2,663.00 3,098.00
6,1*00.00 7,799.00
W 19,960.00

DINING HALL

$ 36,112.70

TOTAL AUXILIARY INCOME

$ 68,257.35

TOTAL CURRENT INCOME

$179,807.50

300

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1953

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller*s Office General Expense President's Office Registrar's Office TOTAL AUM. & GENERAL STUDENT WELFARE PHYSICAL PLANT LIBRARY INSTRUCTION English History Languages Music Commerce Physical Education Biology Chemistry Engineering Home Economics Mathematics Physics TOTAL INSTRUCTION

Total
$ 6,200.00 5,298.2t) 8,1*50.00 7,150.00
$ 27,090.55 $ 2,800.00 6,576.00 I 5,o'."oe
$ 3,350.00 3.850.00 1.550.00 1*,550.00 9.900.00 7,000.00 l*,5 0 0 .0 0 1*,5 0 0 .0 0 1.850.00 3,1*99.26 i*,000.00 1*.000.00
* 52,5W:T-

TOTAL EDUC. & GENERAL EXPEND. $Lll*.873.50

Object Classification

Operating

Salaries & Wages

Supplies & Expense

Equipment

$ 6,200.00
1*9.30 8,1*50.00 7,150.00 % 21,81*9.30 $ 2,330.70 $ 15,950.00 " $ U, 1*0 0.00

$ 5,21*8.91*
$ b , 21*6.91* $ 1*69.30 $ 7,1*11.93
181.07 "

f 3 , 21/*. 07 $1,268.95

$ 3 ,300.00 3 .800.00 1 .500.00 3 .500.00 7 .10 0 .0 0 6 .700.00 11.10 0 .0 0 3 .900.00 1 .800.00 3 .300.00 1*,000.00 3 .700.00
% 1*6,700.00
$ 9 1 ,230.00

$ 50.00 50.00 50.00
237.00 590.00 300.00 1*00.00 600.00
50.00 138.1*6
300.00 $ 2,765.1*6
$16,076.70

$ 813.00 2,210.00
60.80 $3,083.80" $7,566.80

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 1,51U.36

$

57.10

$ 1*.1*57.26

DORMITORIES Peacock Hall Wiggs Hall Ebenezer Hall Talmadge Hall Veterans Apartments TOTAL DORMITORIES
DINING HALL
CAMPUS STORE
TOTAL AUXILIARY EXPENDITURES
TOTAL CURRENT EXPENDITURES

$ 2,61*8.85 2,762.83 99.52 1*,887.68 7,673.60
$ 18,072.1*8 $ 36,117.29 t 7.912.U5
$ 66,616.58
$181,1*90.08

$ 1 ,5 9 8 .7 5 1 ,860.1*5
3,097.1*0 3,036.05 $ 9,592.65 $ 8,927.55 $ 1,790.1*7
$ 20,367.77
$111,597.77

$ 985.10 81*0.18 99.52
1,790.28 U,017.91 $ 7,732.?$'"
$26,1*52.67
$ 6,121.98

$ 65.00 62.20
619.61* $ 71*6.81* $ 737.07

$1*1*,761*. 90 $60,81*1.60

$9,050.71

301

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

Cash Balance July 1 , 1 9 5 3

Receipts For Year

Disbursements Gash Balance

For Year

June 3 0 , 1 9 6 3

$ U ,0 2 6 .0 0 2 ,1 6 7 .2 0
$ 6 ,1 9 3 .2 0
$ 1 ,1 6 7 .0 7 $ 3 0 ,6 llu 9 5
$ 3 7 ,9 7 5 .2 2

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

$ L lU ,8 7 3 .5 0 6 6 ,6 l6 .6 8
$ l8 l,U 9 0 .0 8

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

$ 1 6 .0 6 0 .5 0 $ 1 U ,7 5 0 .0 0

$ 13.U 90.U 2 * U 5.3U O .22

$ 3 ,7 3 7 .1 6 * 2U .73

$ 2 1 0 ,6 1 8 .0 0 $ 2 U 0 ,3 2 0 .7 2 $ 8 ,2 7 2 .6 0

BANK BALANCES
State Bank of Cochran, Cochran, Georgia Educational and General Account Auxiliary Enterprise Account Plant fluids Special
Cook Banking Company, Cochran, Georgia Agency Funds Account

$ 7 0 2 .6 6 3 ,8 0 7 *9 7 2U .73
.5 3 5 .5 5
*3 .7 3 7 .1 5 $ 8 ,2 7 2 .6 0

STATEMENT OF AGENCY FUNDS For Year Ended June 3 0 , 1 9 5 3

Student Bank Student Activities Reserve Deposits Group Life Insurance Social Security Withholding Tax Retiremerit Funds
TOTAL

Balance Beginning Of Year $ 288.U 7
1 6 .7 5 7 3 6 .0 0 1 2 5 .8 5
$ 1 ,1 6 7 .0 7

Receipts For Year
$ 3 ,3 6 1 .2 6 6 ,1 8 3 .5 0 2 ,2 0 U .0 0 2 ,7 U 0 .2 7 2 6 9 . U8 9 1 2 .8 0 3 8 9 .1 9
$ 1 6 ,0 6 0 .6 0

Disburse ments for
Year
$ 3 ,3 U 3 .7 7 6 ,1 6 8 .6 7 1 ,2 U 8 .0 0 2 ,7 U 0 .0 8

Balance End
Of Year
$ 3 0 6 .9 6 U l.6 8
1 ,6 9 2 .0 0 1 26.0U 2 6 9 . U8 9 1 2 .8 0 3 8 9 .1 9

$13,U 90.U 2 * 3 ,7 3 7 .1 5

302

STATEMENT OF UNEXPENDED PLANT FUNDS For Tear Ended June 30, 1953

BALANCE, BEGINNING OF TEAR

ADDITIONS: Governmental Appropriations State Board of Regents
TOTAL BALANCE AND APPROPRIATIONS

DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Wiggs Hall - Fire Doors Wiggs Hall - Electric firing Peacock Hall - Fire Doors Peacock Hall - Electric "firing Peacock Hall - Passageway to Browning Browning Hall - Fire Doors Browning Hall - Electric Wiring Browning Hall - Rebuilding Bath Rooms Walker Hall - Replastering Jackson Hall - Rebuilding Bath Rooms
TOTAL BUILDINGS ADDITIONS

Equipment:

Wiggs Hall - Fire Extinguishers

Peacock Hall - Fire Extinguishers

Browning Hall - Fire Extinguishers

Browning Hall - Fire Hose

Walker Hall - Fire Extinguishers

Jackson Hall - Fire Extinguishers

Ebenezer Hall - Fire Extinguishers

Gymnasium

- Fire Extinguishers

Faculty Bldg. - Fire Extinguishers

Science Bldg. - Fire Extinguishers

Adm. Bldg. - Fire Extinguishers

Social Center - Fire Extinguishers

Mech. Shop - Fire Extinguishers

Campus

-- Fire Hose

TOTAL EQUIPMENT ADDITIONS TOTAL EXPENDED FOR PLANT ADDITIONS
Other Expenditures not Capitalized: Walker Hall - Repairs to Auditorium Roof Walker Hall - Removing chimneys Campus - Landscaping
TOTAL EXPENDITURES NOT CAPITALIZED

TOTAL DEDUCTIONS

BALANCE, END OF TEAR

303

Funds for Plant
Additions
$ 30,6 lh .9 5 >
$ 111,750.00
% 1*5,361*. 95

$ 1 ,6 1 9 .5 2
2, 1*82.70
2 .0 8 6 .2 9
1,781.88
1 ,1 *0 2 .3 3
1,782.86
5 .1 2 7 .3 0
17, 1*26.56
li, 8 8 9 .5 1 1 ,6 5 1 .3 3
$ Uo , 5 5 o . 2 8

$

60.00

60.00

120.00

11*0 .0 0

3 5 0 .0 0
2l*.00

2i*.00

150.00

1*8.00

220.00
30.00 30.00

n o .o 5
1 ,266.00

$ 2 ,6 3 2 .0 5
%> 3 ,1 8 2 .3 3

$

6 2 0 .6 3

5 3 7 .2 6

1 ,0 0 0 .0 0

* 2 ,1 5 7 .8 9

* l45.3U 0.22

*

21*. 73

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT, JULY 1, 1952

ADDITIONS DURING YEAR Expended from Plant Funds
Expended from Educational and General Funds and included in Current Expenditures

$ U3,182.33 7,566.80

Expended from Auxiliary Enterprises Funds and included in Current Expenditures
Building and Contents Constructed by University System Building Authority TOTAL ADDITIONS

1,U83.91 165,891.67

VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1953

DEDUCTIONS DURING YEAR Property Worn Out or Otherwise Disposed of: Adjustments - for prior years
TOTAL DEDUCTIONS

$ 2,060.00 9,580.00

VALUE OF PLANT, JUNE 30, 1953

Less: Equity of University System Building Authority

NET INVESTMENT IN PLANT

$ 868,150.00
$ 218.12U.71 $1,086,27li. 71 $ ll,61i0.00 $l,07li,63ii.71 $ I5ii,832.23 $ 919.802.U8

304

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 19$3

Year Acquired

Investment
Beginning Of Year________ Additions

Investment
^
Deductions__Jff Year --

A. LAND Campus Off Campus

1887 1917

$ 1 3 ,2 0 0 .0 0
5 ,200.00
$ 1 8 , b .0 0

1 3 ,2 0 0 .0 0
5 ,2 00.00 T7I4OO.QO

B. BUILDINGS

Talmadge Hall

(Bldg. Authority) 19$2

Walker Building

1928

Sanford Library

1938

New Hall Dormitory 1939

Browning Dormitory 193

Peacock Dormitory

19kh

Wiggs Dormitory

1922

Ebenezer Dormitory 1890

Jackson Dormitory

1928

President's Home

1928

Gymnasium

1928

Faculty Apartments 19U8

Science Building

19U8

Veterans Housing

19U7

Auto Mechanic Bldg. 19U9

Stadium Field House 19U8

Mise. Campus Buildingsl928

TOTAL BUILDINGS

C. IMPROVEMENTS Heating System Water System Lighting System TOTAL IMPROVEMENTS

$ 1 6 0 ,0 0 0 .0 0
1*8,000.00
3 8 ,0 0 0 .0 0 6 0 ,0 0 0 .0 0 lj0 ,$ 0 0 .0 0
37.500.00 10,000 .0 0
3.500.00 6 .500.00 7,500.00
3 6 ,0 0 0 .0 0 3 5 .0 0 0 . 5 5 .0 0 0 . 1 5 .0 0 0 .
1 ,2 5 0 .0 0
1 1 .8 0 0 .0 0
$ 5 6 5 .$ $ 0 .0 0

$l$3,371.$a
a,889.$!
2 a ,6 3 6 .7 2 $ ,2 7 0 .5 0 U,102.02 1 ,6 5 1 .$ 3
00 00 00
$193,921.82

$ 9 ,2 0 0 .0 0 9 ,5 0 0 .0 0 6 ,7 $ 0 .0 0
$ 2 5 ,a $ .' r "

$ l$ 3 ,3 7 1 .$ a

l 6 a ,8 8 9 .$ 1

a 8 ,0 0 0 .0 0
38.000.00

8a ,636.72 a5, 770.50 h i,602.02

10.000.

00

56,.5l $0l0..$030

7.500.00

36.000.

00

35.000.

00

55.000.

00

15.000.

00

1.250.00

11,800.00

$ 7$9.a71.82

$ 9 .2 0 0 .0 0 9 .5 0 0 .0 0
6 ,7 $ 0 .0 0
$ 2 5 ,a 5 u .o o

D. EQUIPMENT Administration Offices Physical Plant Library Instructional Dormitories Dormitories (Bldg. Authority) Dining Hall Campus Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 1 2 ,a 2 0 .0 0
71,000.00
25,aO O .O O 5 9 ,1 0 0 .0 0
50.230.00
3 6 .2 0 0 .0 0 a .a o o .o o
$258,750.00'"

$

$ 1 ,0 2 0 .0 0

$

n ,a o o .o o

5,388.12

1 ,8 0 0 .0 0

7 a ,5 8 8 .1 2

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

3 6 0 .0 0 6 0 0 .0 0

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

1 ,2 0 a .sa

2 0 0 .0 0

5 l,2 3 a .8 a

1 2 ,5 2 0 .1 3

1 2 ,5 2 0 .1 3

7 3 7 .0 7

6 ,6 0 0 .0 0 1 ,0 6 0 .0 0

3 0 ,3 3 7 .0 7 3,3ao .O O

$ 2a,02.89'" $ 1 1 ,6 1 * 0 .0 0 " $ 2 7 1 ,3 1 2 .0 9

$ 8 6 8 ,1 5 0 .0 0

$218,1 2 a .71 $ n , 6 a o . o o $ i , o 7 a , 6 3 a . 7 i

305

GEORGIA

SOUTHWESTERN FINANCIAL REPORT

COLLEGE

FOR THE YEAR ENDING June 3 0 , 1 9 5 3

Georgia Southwestern C ollege Am ericus, G eorgia
307

BALANCE SHEET JUNE 30, 1953

ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Imprest Cash Accounts Receivable
Board of Regents Veterans Administration

$ 2,908.02 300.00

$7,870.91* 273.90

8,li*li.81*

TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores

$ 11, 352.86
$ 10,269.53 1*79.31
5.1*83.50

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 PLANT FUNDS

TOTAL ASSETS

16,232.31* $ 27,585.20

3,822.35

$ 3,080.31* 1*5,500.00 10,1*70.89

59,051.23

$ 1,530.12

$ 5,580.00
572,891.65 57,329.07
129,880.59

765,681.31

767,211.1*3

$857,670.21

BALANCE SHEET JUNE 30, 193

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Res. for Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS

$ 130.63
55.67
11,166.56

$ 11,352.86

B. AUXILIARY Reserve for Inventory Surplus

$ 5,1*83.50 10,71*8.81*

TOTAL AUXILIARY FUNDS

16,232.3U

TOTAL CURRENT FUNDS

$ 27,585.20

II. AGENCY FUNDS Fund Balance

3,822.35

III. STUDENT LOAN FUNDS Fund Balance

59,051.23

IV. PHYSICAL PLANT A. UNEXPENDED

$ 1, 530.12

B. EXPENDED Equity of Univ. System Bldg. Auth. Invested in Plant

$155,81*0.03 609,81*1.28

765,681.31

TOTAL PHYSICAL PLANT TOTAL LIABILITIES AND SURPLUS

767,211.1*3
$ 857, 670.21

309

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Miscellaneous Student Fees

$ 372.30 11*, 897.25
1 ,1*10.60
72.30 1*12.00

TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS State of Georgia - Regular Balance from 1951-52 Less Unpaid Balance, End of Year

$95,000.00 1*,01*2.1*1 $99,01*2.1*1 7,870.91*

OTHER SOURCES Property Rent

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

AUXILIARY ENTERPRISES DORMITORIES Sanford Hall Collum Hall

$ 3,616.07 6,578.73

CAMPUS STORE

COLLEGE DINING HALL

APARTMENTS

TOTAL AUXILIARY INCOME

TOTAL CURRENT INCOME

General Income
$ 17,161*.1*5
91,171.1*7
1*50.00
$108,785.92
$ 10,191*. 80 12,265.15 33,990.1*8 3,232.1*3
$ 59,682.86 $168,1*68.78

310

STATEMENT OF CURRENT EXPENDITURES
For Year Ended June 30, 1953

Total

Object Classification

Salaries Operating

and Wages

Supplies & Expense Equipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office General Administrative President's Office Record's Office
TOTAL ADM. & GENERAL
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Business Education General Education Natural Sciences Physical Education Summer School TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPEND.
AUXILIARY ENTERPRISES AUXILIARY SURPLUS
CAMPUS STORE
DORMITORIES Sanford Hall Collum Hall TOTAL DORMITORIES
DINING HALL
APARTMENTS
TOTAL AUXILIARY EXPENDITURES
TOTAL CURRENT EXPENDITURES

$ 6 ,1 *5 6 .7 0 9 ,0 8 2 .9 2
1 0 ,1 9 7 .1 *8 5 ,9 6 h .75
$ 3 1 ,7 0 1 .8 5
$ 2 ,9 0 1 .9 7
$ 2 6 ,5 8 1 .5 0
$ U ,6 5 0 .2 5

$ 6 ,1 1 *0 .0 0 $ 3 1 6 .7 0

1 ,2 7 3 .7 3

6 ,9 1 0 .1 3

9,7 1 *8 .9 0

1*1*8.58

5 ,h 5 ? .l?

3 7 2 .6 3

8 9 9 .0 6 1 3 5 .0 0

$ 2 2 ,6 1 9 .7 5 $ 8,01*8.01* $ l ,0 3 l* . 0 6

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

$ lh ,7 2 3 .8 0 $ 9 ,6 8 0 .1 7 $ 2 ,1 7 7 .5 3

8 3 ,5 5 7 .2 5 $ 1 1 7 .5 5 $ 975.1*5

$ 5 ,9 3 8 .8 0 1 9 ,8 6 3 .8 1 1 3 ,6 7 8 .9 8 2 ,8 6 2 .1 3 2 ,1 1 5 .0 0
$ 1 1 0 ,2 9 h .2 9

$ 5 ,0 0 0 .0 0 1 8 ,0 5 0 .0 0 1 3 ,0 1 *6 .0 0 2 ,5 2 9 .0 0 2 ,1 1 5 .0 c
$ 1*0,71*0.00

$ 221*. 9 0 $ 7 1 3 .9 0

2 1 5 .6 8 5 9 5 .9 8

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

3 3 3 .1 3

$ 1 , 3 6 9 . 6 9~ $ 2 , 3 h 9 . 0 3

$ 8 h ,h l6 .8 1 * g l9 ,3 h l.3 8 8 6 ,5 3 6 .0 7

$ 2,1 1 *9 .7 3 $ 1 2 ,6 1 2 .3 7

$

3 .0 0 $ 2 ,1 1 *6 .7 3

$ 1 ,5 0 7 .7 7 $11,101*. 60

$ 5 ,7 0 8 .1 1 * 5 ,2 1 *2 .2 0
$ 1 0 ,9 5 0 .3 !*
$ 3 3 ,9 3 3 .h l
3 ,1 7 7 .1 9
$ 6 2 ,8 2 3 .0 h
$ 1 7 3 ,1 1 7 .3 3

$ 2 ,9 5 8 .9 li 2 ,7 6 7 .5 9
$ 5 ,7 2 6 .5 3

$ 2 ,6 0 1 .3 3 2 ,2 7 9 .6 9
$ h ,8 8 1 .0 2

$ 11*7.87 1 9 h .9 2
$ 3 h 2 .?9

$ 1 U ,3 3 5 .1 5 $ 1 9 ,5 9 8 .2 6 $

8 7 7 .8 3

1 ,1 * 1 * 6 .2 6

8 5 3 .1 0

$ 22,1*1*7.28 $ 3 7 ,0 3 3 .1 h $ 3 ,3 1 *2 .6 2

$ 1 0 6 ,8 6 h .l2 t5 6 .3 7 U .5 2 $ 9 ,8 7 8 .6 9

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1953
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS DURING YEAR Income on Investments Interest on Student Loans
BALANCE OF PRINCIPAL, END OF YEAR

#57,577.10

#1,271.36 202.77

l,l*7h.!3 0^1*23

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1953

U. S. Treasury Bonds U. S. Treasury ^onds, Series G U. S. Treasury Bonds, Series G
Municipal Bonds Woodville, Ga. School District Mclntyre, Ga. School District City of Atlanta, Georgia Clayton County, Georgia
TOTAL INVESTMENTS

Rate of Interest
2? 2
si
6 2 1/8 5

Maturity Date
5-1-61 5-1-63
11-15-53-55 1-1-57 9-1-57 1-1-56

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

Book Value
#38,000.00 3,000.00
1,500.00 1,000.00 1,000.00 1,000.00
#1*5,500.00

CURRENT FUNDS Educational and General Auxiliary Enterprises TOTAL CURRENT FUNDS
AGENCY FUNDS PLANT FUNDS STUDENT LOAN FUNDS
TOTAL

Cash Balance Receipts Disbursements Cash Balance

July 1, 1952 for Yr.

for Year June 30, 1953

# 1*,716.39 13,1*09.71
#10,126.10 1,1*79.97
H*, 21*6.67 3,881.51*

#108,785.92 59,682.86
#I68,U6 .7 9,728.69
11*, 750.00 3,771.1*1*

$110,291*. 29 62,823.0h
$173,117.33 7,386.31
27,1*66.55 1*,572.6h

$ 3,208.02 10,269.53
$13,1*77.55 3,822.35 1,530.12 3,080.3h

$37,731*. 28 $196,718.91 2X2,51*2.83 $21,910.36

BANK BALANCES

Bank of Commerce Citizens Bank of Americus Cash on Hand

, . $ # 13,31*9.87 8 260 1 _____ 300.00

TOTAL

# 21,910.36

312

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Balance Beginning
of Year

Balance End of Receipts Disbursements Year

Group Life Insurance Application Deposits Gale Deposits Personal Deposits (Clubs) Student Activities Admission Tax
TOTAL

$ 67.23 $80.92 1.66
707.1*3 122.73

$2,201.23 1,685.00 1,186.90
1,562.79 2,955.12
137.65

$2,015.29 970.00 88.90
1,326.18 2,81*8.29
137.65

$ 253.17 1,295.92 1,099.66 91*1*. 01* 229.56

$1,1*79.97 $9,728.69 $7,386.31 $3,822.35

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953
BALANCE, BEGINNING OF YEAR

$11*, 21*6.67

ADDITIONS: Governmental Appropriation - State of Georgia
DEDUCTIONS: EXPENDED FOR PLANT ADDITIONS Additions to Buildings Sanford Hall Morgan Hall Wheatley Hall Administration Building Gymnasium Maintenance Shop Terrell Hdll TOTAL EXPENDED FOR ADDITIONS TO BUILDINGS Improvements Other Than Buildings Landscaping
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

11*, 750.00
$28,996.67
$ 5,281*.1*1
2,1*90.53 13,1*16.31*
957.99
1 ,256.86
1,171.31
2,060.2$ $26,637.^9
828.86
$27,1*66.55
$ 1,530.12

313

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT, JULY 1, 1952

ADDITIONS DURING YEAR
Expended from Plant Funds Expended from Current Funds and Included
in Current Expenditures Expended from Auxiliary Funds and Included
in Current Expenditures Buildings and Contents Constructed by University
System Building Authority TOTAL ADDITIONS

$ 27,1466*55
6,536.07
3,3ii2.62
166,971.146
---- *------

VALUE OF PLANT, JULY 1, 1952, PLUS ADDITIONS

DEDUCTIONS DURING YEAR Apartment Building Sold Equipment Discarded or Sold Adjustment for Prior Years TOTAL DEDUCTIONS

$ 10,000.00 3,673.66 8,665.114
---- 2------

VALUE OF PLANT, JUNE 30, 1953

DEDUCT? Equity of University System Building Authority

NET INVESTMENT IN PLANT

$583,703,141
2014,316. 70
$788, 020.11
22,338.80
$765,681.31 155,8140.03
$609,81|1.28

314

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Investment Beginning
of Year

Additions

Investment End of
Deductions Year

A. LAND

$ 5,580.00

$ 5,580.oo

B. BUILDINGS Administrative Shop Gymnasium Duplex Apartments President's Home Barn Morgan Hall Sanford Hall Terrell Hall Collum Hall (Bldg. Auth.) Wheatley Hall Campus Farm House Negro House Fuel House Veteran Apartment Building Chapel
TOTAL BUILDINGS

$102, 000.00 25,000.00 69,000.00
7,000.00 12,500.00 2,300.00 33,000.00 68,291.60 32,500.00
, 35,000.00 3 500.00 380.00 300.00
1 0 ,0 0 0 . 0 0 .000.00

957.99 1,171.31
1,256.86
2,1*90.53
5,28l*.l*l
2,060.25 152,1*79.36
13,1*16.31*

1 0 ,000.00

$102,957.99
26,171.31
70,256.86 7,000.00 12.500.00 2.300.00 35,1*90.53
73.579.01
31*, 560.25 152,1*79.36
1*8,1*16.31*
3.500.00 380.00 300.00

$1*03,771*.60 $179,117.05 $10,000.00 $572,891.65

C. IMPROVEMENTS OTHER THAN BLDGS. Streets, Sidewalks, Landscaping Water and Lights System Sewage Disposal System Program, Fire Signal Garbage and Waste Disposal System Lake Tennis Courts
TOTAL IMPROVEMENTS

$ 1*0,500.00 $ 3,061.10
7^500.00
1,500.00 250.00
573.15
3.115.96
$ 56,500.21 $

828.86 828.86

$ 1*1,328.86 3,061.10 7,500.00
1 ,500.00
250.00
573.15
3,115.96
$ 57,329.07

D. EQUIPMENT Administrative Offices Student Welfare Physical Plant Library Instruction Division Dormitories Dormitories (Bldg. Auth.) Food Service Campus Store Apartments
TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

$ 9,150.78 2,661*. 62
27,893.83 21*,175.70 26,21*6.82 11,11*1*. 56
13,160.61* 2,051*.15 1,357.50

$ 1 ,031*.06
l*,32l*.26 975.1*5
2,31*9.03 31*2.79
1U,1*92.10
853.10

f 1,71*2.37 250.30
1*,362.93
1*, 701.1*5 329.11
10. li*
91*2.50

$117,81*8.60 $ 21*.370.79 $12,338.80

$ 8,1*1*2.1*7 2,l*ll*.32
27,855.16 25,151.15
23,891*.1*0
11,158.21* 11*,1*92.10 13,160.61*
2,01*1*.01 1,268.10
$129,880.59

$583,703.1*1 $201*,316.70 $22,338.80 $765,681.31

315

ABRAHAM

BALDWIN AGRICULTURAL FINANCIAL REPORT

COLLEGE

For the Year Ending June 30, 1953

Abraham Baldwin Agricultural College Tifton, Georgia

BALANCE SHEET June 30, 1953

ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Accounts Receivable
TOTAL GENERAL FUND

$

15,158.59

________ H76.30

B. AUXILIARY

Cash in Bank

$

Imprest Cash

Inventories (Store & Dining Hall)

Accounts Receivable

TOTAL AUXILIARY FUNDS

8,38U.8U 680.00
5,801.8U

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

n i . LOAN FUNDS Cash in Bank
Notes Receivable

TOTAL LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

B. EXPENDED Land & Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS

$

1 9 8 ,8 7 0 .1 5

7 7 1 ^ 8 9 .9 0

2 3 7 .3 9 3 .3 8

TOTAL ASSETS

$ 15,63a.89

lij.866.68 $ 30,501.57

$

1 ,7 3 0 .1 *6

1 ,3 3 8 .9 0

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

$

lU ,7 2 h .3 6

1,207,753.1*3
$ 1 .2 2 2 .a 7 7 '.7 9
*1 ,2 5 6 ,3 2 1 .7 5

318

BALANCE SHEET June 30> ^-953

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income General Surplus

$

1 ,6 3 0 .7 2

1,1|15.00

1 2 ,5 8 9 .1 7

TOTAL GENERAL FUNDS

B. AUXILIARY Inventories Reserve Unearned Income Reservation Fee Surplus
TOTAL AUXILIARY FUND

$

5 ,8 0 1 .8 1 +

3,2 1 + 0 .8 ^
2,830.00

2 ,9 9 3 .9 9

II. AGENCY FUNDS Fund Balance
III. LOAN FUNDS Fund Balance

IV. PLAND FUNDS A. UNEXPENDED Fund Balance

$

ll+ ,7 2 U .3 6

B. EXPENDED Equity of Univ. System Bldg. Authority Invested in Plant
TOTAL PLANT FUND

190, 678. 1+2
1 ,0 1 7 ,075.01
1 ,2 0 7 ,7 5 3 .^ 3

TOTAL LIABILITIES

$

l5 ,6 3 l+ .8 9

li+,866.68
2 7 3 .0 3 3 ,0 6 9 .3 6

1 ,2 2 2 ,1 + 7 7 .7 9 $ 1 ,2 5 6 ,3 2 1 .7 5

319

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Summer School Other ifees Clinical
TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia-Regular Operati
SALES AND SERVICES Farm Poultry Processing Plant Animal Production
TOTAL SALES AND SERVICES
OTHER SOURCES Rents from Property Miscellaneous
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL

$ 2,251.76
18, U36.1*6
2,322.18
25.00
1 ,623.60

$ 2 k , 659.00

1 2 h , 000.00

I U,U95.08 6,077.92
13,37li.l2
3,309.05

27,256.17

$ 1 , 080.00
5,82lu32

6,901u 32 |182^19.U9

B. AUXILIARY INCOME BOOKSTORE
DINING HALL
DORMITORIES Lewis Hall Herring Hall Weltner Hall
TOTAL DORMITORIES
VETERAN APARTMENTS
ROOM RESERVATION
TOTAL AUXILIARY INCOME

8,710.85 59,036.69

$2,783.19 5,285.03 5,987.93

lit,056.15 3,028.0U 950.00
$ 85,781.73

TOTAL CURRENT INCOME

$182,819.1*9
$ 85,781.73
$268,601.22

320

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

General

Object Classification

Salaries & Wages

Operating Supplies & Expense

Equipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
Business Office General President's Office Registrar's Office
TOTAL ADM. & GENERAL
STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Dearis Office Agriculture Arts Home Economics Physical Education Science Summer School TOTAL INSTRUCTION
ORGANIZED ACTIVITIES Farm Poultry Processing Plant Animal Production

S 9 ,1 0 0 .0 0 5 ,3 8 8 .3 0 8 ,2 1 6 .6 0 h t 3 3 0 .0 0
S 27.O 3U .9O

$

U 00.00

2 ,U 1 0 .0 0

1 ,6 7 9 .9 2

$ 2 7 ,8 6 l.2 U
S 7 ,l8 l.U O
$ U jU oo.oo 2 5 ,9 8 9 .3 6 1 0 ,8 7 6 .3 9 7 ,3 0 5 .0 3 5 ,9 U 1 .6 0 1 0 ,2 2 3 .9 U 1 ,9 2 5 .0 0
i 66.661.32

S 9 ,8 5 2 .2 7 6,8oU .O U
1 2 ,1 7 8 .1 9 1.5 8 3 .U U
ESS 30 rl4i7.9l*

S 9 ,1 0 0 .0 0 7 2 5 .8 9
8 ,2 1 6 .6 0 U .3 3 0 .0 0
S 2 2 .3 7 2 .U 9

$ U ,57U .U 7 $ U .57U .U 7

S 8 7 . 9U S 8 7 . 9U

$

U 00.00

2 ,U 1 0 .0 0

1 .U 2 2 .5 0

$

i- 0 1 2 3 0 " 15

2 5 7 . U2 2 5 7 . U2

S 1 2 .3 6 6 .3 5

S 1 3 .0 5 0 .0 2

* U .3U 9.U 5

S 1 ,5 8 8 .7 2

S2.U U U .87 S l.2 U 3 .2 3

S U jU o o .o o 25,U U o.U o 10,7U 0.U 0 6 ,6 3 7 .8 2 U ,7 7 0 .6 0 9 ,9 6 5 .3 0 1 ,9 2 5 .0 0
S 6 3 .8 7 9 .5 2 "

* U 55.10
1 2 3 . U9 6 6 7 .2 1 1 ,1 1 1 .3 0 1 0 9 .7 6
S 2 ,U 6 8 .8 6

$ 9 3 .8 6
1 0 .5 0
5 9 .7 0 1U 8.88
$ 3 1 2 . 9U

S U ,7 0 0 .8 0 2 ,0 3 6 .3 0 2 ,lU 2 .U 7 U 80.53
S 9 .3 6 0 ,io

I U ,9 5 6 .2 5
U ,7U 6.36 9 ,U 3 8 .7 2
1 .1 0 2 .9 1 S20.2U U .2h "

S 1 9 5 .2 2 2 1 .3 8
5 9 7 .0 0
$ 6 1 3 ^ 0

EXTENSION Short Courses

S 1 1 ,3 1 7 .2 6

* u.598.25

6 .5 9 6 .8 7

S 1 22.1U

TOTAL EDUCATIONAL & GENERAL ) S 1 7 U .9 6 3 .9 8

S 1 2 1 .1 5 8 .6 6

SU 8,7 8 0 .6 0

s5.02u.72

STATEMENT OF CURRENT EXPENDITURES (Continued)

General

Object Classification

Salaries & Wages

Operating Supplies & Expense

Improvements and
Equipment

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 9,31*6.68

DINING HALL

$ 61,319.53

DORMITORIES Lewis Hall Herring Hall Weltner Hall TOTAL DORMITORIES

$ 5,152.28
1*,1*00.38
5,118.20
$ ll*,670.86

VETERAN APARTMENTS

$ It,575.78

TOTAL AUXILIARY EXPENDITURES $ 89,912.85

TOTAL CURRENT EXPENDITURES

$261,876.83

I 852.07 $ li*,010.93
$ 1,152.68 1,700.39 2,1*25.28
* 5,278.35
$ 295.97 $ 20,1*37.32 Ilia,595.98

$ 8,l*9l*.6l $ 1*6,1*79,95

$ 828.65

$ 1,532.51* 2,211*.ll 2,191*. 56 5,91*1.21
$ 1,1*71.05
$ 62,386.82
$111,167.1*2

$ 2,1*67.06 1*85.88 1*98.36
$ 3,1*51.30
$ 2,808.76
$ 7,088.71
$12,113.1*3

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1953
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: Gifts from Private Sources Interest on Notes Receivable
BALANCE OF PRINCIPAL, END OF YEAR

Loan Funds $ 3,069.36
-
* 3,069.36

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1953

LOAN FUNDS Ruth Wright Harry F. Kulbersh Susie T. Moore Ferrell Jolly

Rind Balance Beginning of Year
* 539.01 1,025.00 1,005.00 500.35

TOTAL TRUST FUNDS $ 3.069.36

Additions

Deductions

Balance ftid of Year
$ 539.01 1,025.00
1 ,005.00
500.35
$ 3,069.36

322

Student Activity Tabac Coca Cola Machines
TOTAL

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1953

Cash Balance July 1, 1952
ft 87.81
23.68
20.07
ft 131.56

Receipts for Year
ft U,097.20 2,1413.76 2.512.8$
ft 9.023.81

Disbursements Cash Balance

for Year

June 30 1953

ft U,10l4.32 2,382.71 2,395.31
ft 8.882.3U

ft 80.69 5U. 73
137.61
1 273.03

STATEMENT OF CHANGES IN CASH BALANCE
For Year Ended June 30, 1953

Cash Balance
July 1, 1952

Receipts for Year

Disbursements Cash Balance

for Year

June 30. 1953

CUHRENT FUNDS General Auxiliary TOTAL CURRENT

UNDS

AGENCY FUNDS

LOAN FUNDS PLANT FUNDS
TOTAL

* 7,303.08 18.195.96
S 20tU99.OU ft 131.56 ft I . 59U.U6
ft 65.135.97 ft 87.361.03

$ 182,819.1)9 ftl7U,963.98

85.781.73

89.912.8$

661. 5"" ft26U.070.B3

ft 9.023.81 ft 8 . 882. 3U

ft

186.00 ft

$0.00

ft 70.900.00 1121,311.61

ft 3U8.7H.03 1395.120.78

ftl5,l$8.59 9.06U.81
S2U.223.U3~ ft 273.03 ft 1.730.U6 H U .7 2 U.3 6 *U0,951.28

BANK BALANCE
the Farmers Bank of Tiftcn Che Bank of Tifton

ft3 1 , 886.UU 9.06U.8U
IUO.951.28

323

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953
BALANCE, BEGINNING OF YEAR
ADDITIONS: Appropriations-State of Georgia
TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings & Additions to Buildings Veterans Apartments Library Tift Hall Auditorium Gym Dining Hall Weltner Hall Herring Hall Lewis Hall Home Economics Building Agriculture Building Lakeside Processing Plant Improvements Other Than Buildings Water System - Water Mains Pond - Irrigation Landscaping Campus Equipment Tift Hall - Administration Dining Hall Tift Hall - Science Lab* Auditorium - Piano Dormitories -- Equipment Other Deductions Building Plans Fund - Return to Rgents
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant
Additions $ 65,135.97
70,900*00 $136,035*97

$

53.03

1,555.1*0

11,772.83

927.73 931.90

U,I*61|..55 16,211.37

11,578.51

398.91*

1,717.1*2

221.91* 2,035.52

57,169.50
it,092.1*1
771.28

51*. 72 506.50 173.11* 2 ,2 0 0 .0 0 2,363.72
2 ,111*20
$121, 311.61
$ It*,721*.36

SUMMARY OF INVESTMENT IN PLANT
As of June 30, 1953

VALUE OF PLANT, JULY 1, 1952
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational & General and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Building Constructed by Univ. System Bldg. Authority
VALUE OF PLANT, JUNE 30, 1953 Less Equity of Univ. System Bldg. Authority
INVESTMENT IN PLANT

$ 872,11*1.28

$119,200. la
5 ,021*.72

7,088.71
_20lt,2?8.31

33S.612.1S

*1,207,753.1*3 190,678.1*2
$1,017,075.01

324

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Year Acquired

Investment Beginning of Year

UND Campus and Farm Farm TOTAL LAND

1907 1951

$ 10,000.00
1 6 ,600.00
$ 26,600.00

BUILDINGS

Dormitory (Bldg. Authority) Under Construction

Veterans Apartments (1*)

19l*8

$ 1*0,000.00

Library

1938

10,000.00

Tift Hall - Administration

1907

60,693.11

Auditorium - Gymnasium

1938

67,221.01*

Dining Hall

1938

31,71*3*85

Weltner Hall

1936

50,265.00

Herring Hall

1907

I5.U56.75

Levis Hall

1907

1*1*, 851.1*8

Northside Home Economics

19U8 191*1

11,187.50
1 5 ,000.00

President's Home

1915

11,1*21*. 21

Slop No. 1 Shop No. 2

1935 191*3

6,000.00 3,000.00

Agriculture

19U0

32,126.65

Old Recreation Hall (Lakeside) 19U7

23,059.86

Processing Plant

19U2

1*0,000.00

Storage

19U0

500.00

Log Cabin

1937

1*,325.56

Poultry Houses

19la

12,566.71*

Barn Tenant No. 1

191*1 191*0

1,000.00
300.00

Tenant No. 2

191*3

300.00

Potato House TOTAL BUILDINGS

1950

561*. 71* $511,51*6.1*9

OTHER IMPROVEMENTS Heating System Water System Electrical System Sewage Disposal Campus Bell System Fences Ponds Refrigeration System Campus - Landscaping TOTAL IMPROVEMENTS

191*8
191*9 19l*9 191*8 191*9 19U9 1950 1952 1952

$ 85,785.1*6
U,881*. 36
2,01*3.50
12,690.91 275.00 100.00
1,335.11 2,122.62 1,000.00
$110,236.96

Additions

Investment End of Year

$ 10,000.00 16,600.00
$ 26,600.00"

$201*, 298.31 2,861.79 1,555.1*0
11,772.83 927.73
l,10l*.67 1*,875.25 16,595.10 11,578.51
398.91*
1,717.1*2 221.91*
2,035.52
$259,91*3.I*F"

$.20.1*, 2.90..31 1*2,861.79
11,555.1*0
72,1*25.91* 68,11*8.77 32,81*8.52 55,11*0.25 62,051.85 56,1*29.99 11,187.50
15,398.91* 11,1*21*. 21
6,000.00 3,000.00
33,81*1*.07 23,281.80 1*2,035.52
500.00 l*,325.56
12,566.71* 1,000.00
300.00* 300.00
561*. 71* $771,U89.90

$ 57,169.50
U,092.lil
771.28 $ 62,033.19

$ 85,785.1*6 62,053.86 2,01*3.50 12,690.91 275.00 100.00 5,1*27.52 2,122.62 1,771.28
$172,70.15

325

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired
D. EQUIPMENT Tift Hall Administrative Class Rooms Science Labs Log Cabin Library Auditorium - Gymnasium Dining Hall Weltner Hall Herring Hall Lewis Hall PUrnishings Heme Management Horae Economics Building Veterans Apartments Northside Shop No, 1 Shop No, 2 Agriculture Building Old Recreation Hall (Lakeside) Processing Plant Storage Building Poultry Houses Barn Farm & Campus Automotive (Buses, Trucks, etc,)
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning of Year

Additions

Investment End of Year

7,592.33 859.00
8,909.20 3,857.06 35,319.140 29,132.66 22,389.20 6,861.37 5,350.11
5,283.61 2,281.81 6,U88.2li 6,lU9.98 1,1409.69 23,830.22
1 1 ,233.00
7,293.30 2,985.10 7,976.25 3,7149.00 1,3U3.33 1,253.98 3,009.93 19,200.00
*223,757.83
$872,1141.28

$ 269.30 6.00
322.02
1,2U3.23 2,259.70 1,162.38
87.66 2,U65.87

$ 7,861.63 865.00
9,231.22 3,857.06 36,562.69 31,392.36 23,551.58 6,9149.03 7,815.98

2,1467.06
2,1*104.87 93.86
597.00 21.38
195.22 $ 13,635.55 $

7,750.67 2,281.81 6,1*88.21* 6,1149.98
1,U09.69
26,275.09
11,233.00 7,387.16 2,985.10
8,573.25
3,7U9.00
1,3614.71 1,253.98
3,205.15 19,200.00
237,393.38

*335,612.15 * l,207,753.1i3

326

ALBANY STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING June 30, 1953
Albany State College Albany, Georgia 327

BALANCE SHEET June 30, 1953

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

II. AGENCY FUNDS Cash in Bank Accounts Receivable

TOTAL AGENCY FUNDS

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 328

$ 12,292.95
29,851.60 2,990.1*6 5,1*22.76
$ 50,557.77

$ 15,019.63 6,701.92
23,795.01
$ 1*5,516.56
$ 96,07l*.33

$ 7,31*6.06 1,1*13.00

8,759.06

$ 12,118,1*3 5,871.61 71*2.00

18,732.01*

$ 68, 1*26.56

$ 22,1*00.00 601,201.72 2 ,196.11 273,685.81
P?!CTg3.6l*

967,910.20

$1,091 1*75.63

BALANCE SHEET June 30, 1953
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus
TOTAL GENERAL FUNDS

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS >

L

II. AGENCY FUNDS

Fund Balance

III. STUDENT LOAN FUNDS Fund Balance

IV. PLANT FUNDS

b

A. UNEXPENDED

Fund Balance

>

B. EXPENDED

Equity 6f Univ. System Bldg. Auth.

Invested in Plant

TOTAL EXPENDED ;

TOTAL PLANT FUNDS

TOTAL LIABILITIES AND SURPLUS

329

799.76 7,552.29 8,629.50 33,576.22
$ 50,557.77

$ u,012.82
1,U63.79 9,225.50 23,795.01 7,019.UU

U5.5l6.56 96,07U.33

8,759.06

18,732.0U

S 68,U26.56

$189,9U2.36 709.5Ul.28
$899,U3.6U

oAi en n o n

Sl.09l.U75.63

STATEMENT OF CURRENT INCOME
For Year Ehded June 30, 1953

A. . EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Service Summer Session In-Service Classes Other
TOTAL STUDENT FEES
GOVERNMENTAL Payable beginning of year State of Georgia Less Amount Unpaid at End of Yea
TOTAL GOVERNMENTAL
OTHER SOURCES Property Rentals
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES BOOKSTORE
POST OFFICE
DORMITORIES Davis Hall Gibson Hall Peace Hall Boy's Project McIntosh Hall Veteran's Housing
DINING HALL
SNACK BAR
MISCSLLANSDUS
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 39,217*7li 2,277.25 3,955.83
19,206.55 2,921).. 50 li-,725* 87
$ 72,307.71*

$ 11,218.1*3
262,000.00
29,851.60

21*3,366.83

120.00 $315,791*. 57

$ 8,01*3.71 500.00

$ 1*,237.38 1*,970.00 1*,526.89 1,026.50 5,986.89 1*,295.53

25,01*3.19 78,550.02

8,702.73 826.31

$121,665.96

$1*37,1*60.53

330

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1953

Total

Object Classification

Operating

Salaries & Wages

Supplies & Expense

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General President's Office Registrar's Office TOTAL ADM. AND GENERAL
STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Academic Dean Art Commerce Education English and Dramatics Health Home Economics Modern Language Music Mathematics Physical Education Science Social Science Audio-Visual Aids Summer Session In-Service Classes TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GEN. EXPEND.
NON-EXPENSE Transfer to Plant Funds
TOTAL EDUCATIONAL AND GEN. DISB.

$ 16,202.1 $ 26,06$.$$ 11, 716. 1*8
9, $93.H
a 6 ^ :$ 7 7 .2 9

$ ll+,91*8.1+0
7,203.$3 11,390.68
9,321*.98
$ 1 *2 ,8 6 7 3 9

$ 962.1$
18,2$6.71 32$.80
268.13 $ I9,8l2'.'79~ "I

291.60
60$.31
096.9T

1*,8$3.1*3 2,$79.69 1*,1*1*8.32
ll,88.u r

$ 1*,3$6.$7 2,381*. 29 3,1*$2.96
~$ 10,193:82"

368.93
112.20
$00.1*1 981.$!*

127.93 83.20
l*9l*.9$ 706.08

1*9.$1*3.10 $ 28,9$6.29 $ 17,669.6$ $.2,917.16

16.0$1*.97 $ 10,91*0.1*1 $ 2,$93.10 $ 2, $21.1*6

3,91*1*. 82
3,918.11 6,$8$.81 37,1*21*. 70
12,91+6.$!* 1,$00.00
8,018.17
$,7$6.12
8,781*. 31 10,702.1*9
7,313.1*9
11*, 350.21
20,1*00.33 1,382.36
31,02$.39 2,31$.07

3,$56.0$ 3 ,1*0 0 . 0 0 6,000.00
35,397.70 12,368.$!*
1,$00.00
6,900.00
$,$00.00
7,237.3$ 10,370.00
6,1*99.80
9,980.29 20,2$1*.1*8
29,999.81 2,315.07

295.82 31*3.89
57.11
1 ,6$1.50 1*1*3.00
1*07.71
201*. 90
1*17.71
163.88
352.29 2,309.19
11*5.85 23l+.i*0 1,008.90

92.95 171*. 22 $28.70 375.$0 13$.00
710.1*6 $1.22
1,129.2$
168.61 1*61.1*0
2,060.73
1,11*7.96
16.68

$317,1*21*.72 $2$1*237.20 I 1*9,093.23 $11*,09I*.29

18$2$.00
$33$,9I+9.72

331

STATEMENT OF CURRENT EXPENDITURES (Continued)

B. AUXILIARY 'ENTERPRISES BOOKSTORE
DORMITORIES Davis Hall Gibson Hall Peace Hall Boy's Project McIntosh Hall Veterans Housing TOTAL DORMITORIES
SNACK BAR DINING HALL POST OFFICE

Total

Salaries & Wages

Operating Supplies & Expense

Equipment

$ 7,700.85 $ 315.00 $ 7,385.85

$ 2,81*5.78 2,771*. 07 3,322.99 201.07 1*,136.25 2,917.10
P 10,197.26
$ 8,121.76 71*, 202.1*1 500.00

$ 1,755.00 $ 1,090.78

1.770.00

1,001*. 07

1,820.11

1,502.88

1*1.66

159.1*1

1,71*3.31*

2,392.91

1.110.00

1,807.10

8,21*0.11 T . 9 S M ?

$ l,595.oo
10,902.23 500.00

$ 6,526.76 9& 62,702.68

597.50

TOTAL AUXILIARY ENTERPRISES TOTAL CURRENT EXPENDITURES

$106,722.28 $1*21*, 11*7.00

$ 21.552.3ii $275,789.51*

$ 81*,572.1*1* $ 597.50
$133,665.67 $11*,691.79

STATEMENT OF AGENCY FUNDS
For Year Ended June 30, 19f>3

Practice Teacher Board Olf--Campus Snack Bar (July through November) Hazard Practice School Student Activities Bus Account Social Science Club Dramatic Club Organ Drive Application Deposits Sales Tax Payroll Deductions Nursery School
TOTAL AGENCY FUNDS

July 1, 1953

Balance Receipts Disbursements June 30, 1953

$
1,061*. 70 -JL75.91
2.22
25.02
11*. 11* 5,060.-00
9.80

$ 5,522.82 3,71*6.18 1*38.50
21.113.92 182.50
117.26
1.975.00 175.53
51.867.92 1.718.00

$ 5,999.97 $86,857.63

$ 5,522.82 1*,056.53 1*61*. 51*
20,056.62 993.02 2.22 133.11
1,008.00 175.53
51,877.72 1,221.1*3

$ -310.35 -26.01*
2,122.00 -986.1*3
9.17 11*. 11* 6,027.00
1*96.57

$85,511.51* $ 7,31*6.06

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953
BALANCE, BEGINNING OF YEAR

$33*296.62

ADDITIONS: State Appropriation Transfer from General Funds Veteran Housing Miscellaneous
TOTAL ADDITIONS

$1*8,000.00 18,525.00 1,700.00 1*82.00

68,707.00

DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Library Caroline Hall Hazard Practice School Davis Hall Peace Hall Gibson Hall Classroom Building Improvements Other than Buildings Landscaping
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$ 220,00 110.00 P-0.00
12,367.72
1 3 ,101*.1*0
128.65
1 ,202.1*0
6,333.89

33s577.06 68,1*26.56

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1953

* CURRENT FUNDS General Auxiliary
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

Balance

Balance

July 1, 1953 Receipts Disbursements June 30, 1953

$32,1*1*8.10 $315*79U.57 $335,91*9.72 $ 12,292.95

75.95 121,665.96 106,722.28

15,019.63

$32,52i*.o5 lii37.U60.53" $1*1*2,672.'00" $ 27,312.58

$ 5*999.97 $ 86,857.63 $ 85*511.51* $ 7,31*6.06

$10,211*. 32 $ 5*687.02 $ 3,782.91 $ 12,118.1*3

$33*296.62 $ 68,707.00 $ 33*577.06 $ 68,1*26.56

$82,031**96 $598,712.18 $565*51*3.51 $115,203.63

333

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT, JULY 1, 1952
ADDITIONS: Expended from Plant Funds Expended from Educ. and Gen. Funds and included in Current Expenditures Expended from Auxiliary Funds and included in Current Expenditures Building Constructed by Univ. System Bldg. Auth.

$697,702.55

$ 33,577.06
ll+,Q96.86
597.50 203,509.67

251,781.09

VALUE OF PLANT, PLUS ADDITIONS, July 1, 1953

$91*9,1*83.61*

DEDUCTIONS DURING 1952-53 Buildings Razed
VALUE OF PLANT, JULY 1, 1953

r, r* 50,000.00
A*
$899,1*83.61*

Less Equity of Univ. System Building Authority

189,91*2.36

NET -INVESTMENT IN PLANT, JUNE 30, 1953

$709,51*1.28

STATEMENT OF INVESTMENT IN PLANT
For Year Ended June 30, 1953

Investment Beginning
of Year

Additions

investment End of
Deductions Year

A * LAND

$ 22,1+00.00

$ 22,1*00.00

B. BUILDINGS
Men's Dorm. (Bldg. Auth; Margaret Hazard LibraryCaroline Hall Dining Hall Hazard Training School Gibson Hall Peace Hall J. S. Davis Hall Boy's Project Cottages (I* Bldgs.) Farm Houses N. Y. A. Shop Bath House President's Home Garage Laundry Maintenance Shop Classroom Building Veterans Housing Units

$187,057.30 $

$187,057.30

21,000.00

21,000.00

90,528.65

220.00

90,71+8.65

70.000. 00
1*2,500.00

110.00

70.000. 00 1*2,610.00

30.000.00 13,101*.1*0

1*3,101*. 1*0

1*5,227.00 12,367.72

57,591*. 72

3l+,168.00

110.00

31*, 278.00

8,000.00

8,000.00

3,000.00
1 ,200.00 1 ,200.00

,3,000.00
1 200.00
1, 200.00

750.00

750.00

12.000.

00

12.000.

00

315.00

315.00

315.00

315.00

900.00

900.00

27.000.
50.000.

00 128.65

00

50,000.00

27,128.65

TOTAL BUILDINGS

$1*38,103.65 $213,098.07 $50,000.00 $601,201.72

334

" -------- " --------

STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment Beginning
of Year

Additions

Investment

End of

Deductions

Year

C. IMPROVEMENT OTHER THAN BLDGS.

Landscaping

$

993.71 $ 1 ,202.UO

$ 2,196.11

D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories Dormitories (Bldg. Auth.) Dining Hall Bookstore Post Office
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 20,21*1.92 $ 1,697.99 $

9,796.50 92,800.75

9,251.05
2,521.1*6

76,179.17

6,960.25

21,961.35

16,1*52.37

iU,U9i.i5
21*3.00

597.50

1*71.35

i 21,939.91
19,oi*7.55 95,322.21
83,139U2
21,981.35 16,1*52.37 15,088.65
21*3.00
1*71.35

^236,205.19 $ 37,1*80.62 $

$273,685^81

$697,702.55 $251,781.09 $50,000.00 $899,1483.61*

A*
*f i *

' 335

FORT V A L L E Y STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING . JUNE 30, 1953
Fort Valley State College Fort Valley, Georgia
337

BALANCE SHEET
June 30, 1953

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Due from Endowment Funds TOTAL GENERAL FUNDS

$ 1*9,163.11* 1,500.70
_______336.86

51,000.70

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS

$ 1,795.65 ______ 87l*.l6

2,669.81

c . AUXILIARY Cash in Bank Accounts Receivable Inventories TOTAL AUXILIARY FUNDS

$ 25,1*35.51 91*9.1*1
-- . 2*792.25

29.177.17

TOTAL CURRENT FUNDS

$ 82,81*7.68

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

$ 13.679.1*0
$ 13,679.1*0

$ 1*0,100.00 12,026.1*6 10,283.81

2,165.15 336.86
62.iao.27
$

61*,912.28



1 *8 7 .2 5

___________ i * 5 .o o

$

532.25

$ 151,397.09

B. EXPENDED

Land and Improvements Buildings Equipment
TOTAL EXPENDED

$ 52,988.10 1,576,272.07 l*58.1*7l*.86

2s087.735.03 $2,239.132.12

TOTAL ASSETS

$2,1*01,103.73

338

BALANCE SHEET June 30, 1953
LIABILITIES

I, CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Surplus TOTAL GENERAL FUNDS

$ 2 0 ,5 9 5 .?U 12,738.32 17.666.6U

% 51,000.70

B. RESTRICTED Fund Balance

2,669.81

C. AUXILIARY Accounts Payable Reserve far Inventories
Surplus TOTAL AUXILIARY

% 9,211.06 2,792.25
17.173.86

29.177.17

TOTAL CURRENT FUNDA

II. AGENCY FUNDS Fund Balance TOTAL AGENCY FUNDS

$ 13.679.UO

III.

ENDOWMENT FUNDS Due to General Funds
Fund Balance TOTAL ENDOWMENT FUNDS

$

336.86

6U.S7S.U2

IV. STUDENT LOAN FUNDS Fund Balance TOTAL STUDENT LOAN FUNDS

*

532.25

-----------

V. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 151,397.09

B. EXPENDED Due to Endowment Funds Equity of Univ. System Bldg. Authority Invested in Plant TOTAL EXPENDED

$ 10,283.81
718,259.7U 1 T359.191>U8

2.087.735.03

TOTAL PLANT FUNDS TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

82,8U7.68 13,679.Uo 6U,912.28
532.25
2.239.132.12 $2,U 0 1 .1 0 3 .7 3

339

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Saturday Classes Health Service Summer Session Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Regular Appropriations Vocational Funds United States Morrill-Nelson Division of General Extension TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT General Le ask TOTAL ENDOWMENT
SALES AND SERVICES Farm
OTHER SOURCES Property Rentals
TOTAL EDUCATIONAL & GENERAL INCOME
AUXILIARY ENTERPRISES BOOKSTORE DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORM1"TORIES DINING HALT. LAUNDRY VETERANS HOUSING SNACK BAR
TOTAL AUXILIARY INCOME
OTHER NON-EDUCATIONAL INCOME Gifts and Grants Sears-Roebuck and Company
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 62,51*9.31 $ 150.00
8,200.00 6,252.00 25,966.6)4 2,5146.21 $l05,66l*.16 ~ T ~

$ 62,51*9.31 150.00
8,200.00. 6,252.0c/ 25,966.61* 2,51*6.21 $105,66h.l6

$310,000.00
$31*0,000.00

$

$31*0,000.00

27,198.1*6

27,198.1*6

36,062.31 1 ,200.00
$61*, 1*60.77

36,062.31 1,200.00 $1*01*, 1*60.77

$ 1 ,772.75
51*1*.00
2,316.75

$ 1,772.75
51*1*. 00
" $ 2,316.75

$ 1!*,173.52

$ 11*,173.52

$ 2,1*75.57
$116)4,630.00

$61*, 1*60.77

$ 2,1*75.57 $529,090.77

$ 11*,107.90
$ 12,213.87 li,030.51
6,351.53
16,1*86.59
$"39,02.50
$11*0,115 093
$ ll,301*.ll* $ 3,91*6.30
| T , 80l.l
$219,357.87

$ 11*,107.90
$ 12,213.87 1*,030.51 6,351.53
16,1*86.59 " $ 39,082.50 " $11*0,115.93 TTi:30l4.1i*
$ 3,91*6.30
~ 10,801. m
$219,357.87

$683,987.87

$ 800.00 $65,260.77

$ 800.00
$71*9,21*8.61*

340

STATEMENT OF CURRENT EXPENDITURES For Year Ending dune 30, 1953

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Administration
President's Office Registrar's Office
TOTAL ADM. & GENERAL

Salaries Operating

and

Supplies

General Restricted Wages & Expense

Equipment

$ 20,U2U.63 $ 28,887.2U 11,3U8.25
13.U00.31 3 7U.OU.U3 $

$20,016.75$ 378.U8 $ 29.UO

5,681.50 21,7Ul.02 1,U6U.72

10,660.00

lL'0.25 5U8.00

10,801.28 1,225.95 1 ,373.08

" rTTT^i'^' ^ $ 23.U85.70 $ 3JH5.2

STUDENT WELFARE Dean of Men Dean of W'omen Infirmary
PLANT OPERATIONS
LIBRARY
INSTRUCTION Administrative Dean Agriculture Art Business Education Education English Health Education Home Economics Languages Music Nursery School Sciences Social Sciences Summer School TOTAL INSTRUCTION

$ 1,999.29 & 3,370.U7 6.3U9.90
11,719.00
$ 70,607.62
$ U3.U5l.6l

$ 1,69U.50 $ 87U7 217.32 3,158.32 182.U5 29.70 5.U13.3T 873.12
- in 266.15 $ 1.1U3.0U $ 310.b7
$ 35,511.05 $ 2U,262.06 $10,83U.5l
$ 13.28U.U6 $ 2.131.31 $28,035.8U

$ 9,6UU.6l
U8,0 3 9 .5 1 U,092.31 3,582.57
11.326.58 I8 ,6 h 7 .l5 11,17U.6U 17,7U5.2U
3,282.90
17.171.59 589.77
37,565.93 16,397.21
3 1 .7 9 7 .7U 1231.057. IV

2H,l5l.9U
3,U00.00
2,662.00 3 ,8 0 0 .0 0
2,0 00 .0 0
5 ,600.00
$U1,63.9

8,9 7 9 .6 7 $ 2U2.11 U22.83

U6,6 7 7 .1 9 3 ,0 0 0 .0 0 6, 200.00

13,U95.65 12,018.61

657.35

U3U.96

589.27

193.30

12.979.10 21,380.83 1 0 ,1 3 0 .0 0

667.75
898.ll
612.95

3U1.73 168.21 U3I .65

17,3UO.OO 1 ,5 9 9 .2 9

805.95

3 ,200.00

11.10

71.80

lU,126.26 2,812.15

233.18

. 32 625.10
15,675.00

589.77 5,795.11 U, 7U5.72
I1II.O6 311.15

29,586.75 2,210.99

1 30,5^.6g

SERVICES RELATED TO INSTRUCTION Farm

$ 22.368.3U $

$ 11,917.17 $ 10.368.63 $ 82.5U

EXTENSION In-Service Classes Vocational Education Division of Extension TOTAL EXTENSION

t 6,21*9.00 *19j929>0? *

* 6,1,56.61 *

,1 102.00 1 ,102.00___

$ 6 .S U 9 .0 0 $ 2 l 0 3 l .0 7 $ 2 0 ,6 0 0 .Ul $ 6,U 5t>.h l

223.05
T_
' 3 .0 5

RESEARCH Carnegie
TOTAL EDUCATIONAL & GENERAL

$ 2,155.87 $ 2,155.87 $

$

tU59.51b.tj. t6U.800.88 t362.79U.5U * 98.UU0.01 63.080.7U

341

STATEMENT OF CURRENT EXPENDITURES (Continued)

AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Davison Hall Huntington Hall Jeanes Hall Ohio Hall TOTAL DORMITORIES
LAUNDRY
SNACK BAR
VETERANS' HOUSING
TOTAL AUXILIARY EXPENDITURES
NON-EXPENSE Transfer to Plant Funds Debt Service Transfer to Plant Funds TOTAL NON-EXPENSE
TOTAL AUXILIARY DISBURSEMENT
OTHER NON-EDUCATIONAL
Scholarships
TOTAL CURRENT EXPENDITURES

General

Salaries and
Restricted Wages

Operating Supplies
& Expense

Eq-ni pment

$ 1 3 ,8 8 7 .8 5 $ 1 2 7 ,0 7 7 .5 8

$ 13,6104.21

U ,5 0 1 .3 1

1 8 ,3 6 2 .7 3

7 ,1 0 2 .5 7

-

9 143,610.82

$ 9 ,2 3 1 .3 2

$ 1 1 , 3 1 4 0 . 0 9 _____ $ 2,1462.86

$ 2 0 7 ,6 1 0 .5 2

$ 1 ,1 8 9 .7 6
1 2 ,5 0 0 .0 0 $"1 3 ,6 0 9 .7 6
$ 2 2 1 ,3 0 0 .2 8

$

5 5 6 .0 0 $ 1 3 ,3 3 1 .8 5

$ 2 9 ,1 4 8 0 .8 6 $ 9 5 ,0 3 7 .99 $ 2 ,5 5 8 .7 3

$ 7 ,8 3 5 .7 3 $ U ,li5o.l48 $ 1 ,3 5 8 .0 0

2 ,6 1 1 .9 1

1,1436.140

S 5 3 .0 0

1 0 , 14I47.614

7 ,0 1 0 .0 9

9 0 5 .0 0

5 ,2 2 3 .8 2

1 ,5 7 6 .7 5

3 0 2 .0 0

r S 5 .U S .l o J H .V tt.7 S J 1 .0 1 8 .5 5

$ 7 ,8 8 9 .8 3 $

1467.63 $ 8 7 3 .8 6

$

8143.05 $ 1 0 ,1 4 9 7 .0 1 4

$ 2,1462.86

$ 6 i4.888.8l4 $ 1 3 6 ,2 7 1 .0 9 $ 6 .U 5 0 .5 9

$ 8 0 0 .0 1

$ 8 0 0 .0 1

$ 6 8 0 ,8 1 1 4 .6 9 $ 6 5 ,6 0 0 .8 9 $ 1 4 2 7 ,6 8 3 .3 8 $235,511.31 $ 6 9 .5 3 1 .3 3

STATEMENT OF TRUST FUND BALANCES
For Year Ended June 30, 1953

isndowment Funds

Loan Funds

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS: INCOME OF INVESTMENTS
DEDUCTIONS: Transfer to General Funds

$614,575.142

$ 532.25

____________ 2.316.75
V* 2,316.75

BALANCE OF PRINCIPAL, END OF YEAR

$614,575.142

$ 532.25

342

STATEMENT OF TRUST FUND BALANCES BY FUND
For Year Ended June 30, 1953

ENDOWMENT FUNDS General Fund George Leask Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS William Hubbard Fund
TOTAL TRUST FUNDS

Balance Beginning of Year

Additions

$U2,962.99 21,612.U3
l6U.575.li2""

$1,772.75 5UU.00
$2,316.75

$ 532.25 $65,107.67

Deductions

Balance End
of Year

$1,772.75 5UU.00
$2,310.75

$U2,962.99 21.6l2.U3
$61*,5 J b J i ' d

$ 532.25 $65,107.67

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1953

Book Value

Earnings

ENDOWMENT FUNDS

I>

Governmental Bonds

j ik

U. S. Treasury

2-3/*#

1*

U. S. Treasury, Series G

U. S. Treasury

2-1/1#

TOTAL GOVERNMENT BONDS

Stocks Borg-Wamer Corporation, 50 Shares

J

Trust Company of Georgia, 30 Shares

TOTAL STOCKS A

Other Fort Valley State College Dormitory

TOTAL TRUST FUND INVESTMENTS

$ 1 ,600.00 35,500.00 3,000.00
$U o .io o 7o
$ 2,276.U6 9,750.00
$12,026.1*6
$10,283.81
$62,1*10.27

$ UU.00
887.50
67.50 $ 999.00
$ 250.00
600.00
" T 850.OCT
$ U67.75
*2,316.75

J
J k* V *>

STATEMENT OF OPERATION OF RESTRICTED FUNDS
For Year Ended June 30, 1953

EDUCATIONAL AND GENERAL Julius Rosenwald Fund Morrill-Nelson Funds Vocational Funds Div. of General Extension Carnegie Foundation
TOTAL EDUCATIONAL & GENERAL
OTHER NON-EDUCATIONAL INCOME Sears Roebuck and Company
TOTAL RESTRICTED FUNDS

Balance Beginning of Year

Receipts for Year

Disburse ments for
Year

Balance End
of Year

# 300.00

-2,591.61

#36,062.31
27,198.1x6
1 ,200.00

it,1x27.37

#2,135.76 ~#6Ix,U60.77

#36,062.00
25,1x81.01
1 ,102.00
2,155.87 #lx,OO.

# 300.00
31 --87U.16
98.00 2,271.50 '*1,795.65

#

.01 # 800.00 # 800.01

$>2jl33# ( 1 "165,260.77 "165,600.89 `" 51,795.65'

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1953

CURRENT FUNDS General Restricted Auxiliary Enterprises TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance Receipts July 1 1952 for Year

Disbursements Cash Balance

for Year

June 30. 1 9 ^

$ Itlx,01x7.55 #565,630.00 #1x59,515.1x1 * 1(9,163.11,

2,135.77 65,260.77 65,600.89

1,795.65

27,377.92 r73.56i.ir

219,357.87 221,300.28 #759,21x8.65" ftyjiA jiiffTfl *

2S.lt35.5l 76,395.30

# 7,301.16 # 1x8,288.56 # 51,910.32 # 13,679.50

#153,982.58 #139,659.58 #152,255.07 #151,397.09

*

$

722' 01

-- T S j n ft----~ ~ __________

-- --- -- -------- - 2,01

* 2.165.15 1x87,25
ifr 2,652.1x0

$g_36,77537 $937,918.79 $930.570.97 #255.123.19

STATEMENT OF AGENCY FONDS For Year Ended June 30, 1953

Alumni Association Athletics and Student Activities
Faculty Gift Fund Fraternities and Sororities
Room Deposits Student Activities Student Deposits Application Deposits
TOTAL

Cash Balance Receipts July 1, 1952 for Year

Disbursements Cash Balance for Year June 30, 1953

$ 802.3U $ 276.6I4 % 27I4.6U %

-3,703.71 26.909.69 23,oU5.55

20.86

232.50

215.63

80U.3U 160.U3
37.73

28U.I46

1,018.58

783.60

587.90 6,078.90 6,021.90

3,189.62 10.266.70 9,374.8U

563.U6 5r556.23 $ 7.301.16'

'4

U05.55 3,100.00
L iB .2B H .b5'

83U.95 1,359.21 $ hi,910.32

519.UH 6I4I4.90 U,08l.U8 13U.06 7.297.02
$ 13.679.UO

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1953

PROJECT

Balance

Balance

July 1, 1952 Receipts Disbursements June 30, I9h3

General Purpose Barn Maintenance Warehouse Farm Equipment Shed & Deep Well Home Management House & Architect's Fees
State Fire Safety Program Landscaping Water System Davison Hall Equipment Ohio Hall Equipment (Transfer) Home Ec. Bldg, Repairs & Renovation Unexpended Plant Fund Home Management House Furniture Two Farm Tenant Houses Conversion of Old Library Building Science Laboratory Equipment

$ 13,508.00 5,530.00
16.550.00 30.500.00 72,200.141
U76.8U
129.18
15,021.90 66.25

& 5,000.00 27.500.00 1 .500.00 UI4,370.00

$ 16,603.33 10,U85.26 19,655.30 31,iili0.7l 33,881.09 2.829.70
5,500.15

12.500.00
.289.58
2 500.00 6 ,000 .0 0 30,000.00
1 0 ,000.00

4,17U.2U 9.968.71
2 ,8 8 9 .6 8
14,816.87

-3,095.33 -U,955.26
1,894.70
-9UO.7U
65,819.32
- 852.86
38,869.85 129.18
8,325.76
5,053.19
355.83
-389.68
1,183.13
30,000.00
, 1 0 000.00

TOTAL PLANT FUND

tl53.982.58 fa39.6S9.S8 $11.2,21.5.07 ftgl,397.09

345

STATEMENT OF UNEXPENDED PLANT FUNDS
Year Ended June 30, 1953

Fund for Plant
Additions

Funds for Debt
Service

Total

BALANCE, BEGINNING OF YEAR

$153,982.58

$153,982.58

ADDITIONS:

State of Georgia - Barn Equipment Shed &

Deep Well State of Georgia - Fire Safety Program State of Georgia - Landscaping State of Georgia - Water System State of Georgia - Home Management House Furn. State of Georgia - Two Farm Tenant Houses State of Georgia - Conversion of Old Library

5 .000. 00 27.500.00 1 .500.00
1*1*,370.00 2.500.00 6.000. 00

5.000. 00 27,500.00
1.500.00 1*1*,370. 00
2.500.00 6.000. 00

Building into Administrative Offices State of Georgia - Science Laboratory Equipment Fire Loss Recovery Insurance Refund
Transfer from Auxiliary Funds Transfer from Auxiliary Funds

30.000. 10.000.
106.91
182.67 12,500.00

00 00
$ 1,189.76

30.000.

00

10.000.

00

106.91

182.67

1 2 ,500.00

1 ,189.76

TOTAL ADDITIONS

$139,659.58 $ 1,189.76 $11*0.81*9.31*

DEDUCTIONS:

Expended for Plant Additions General Purpose Bara Maintenance Warehouse Barn Equipment Shed & Deep Well Home Management House State Fire Safety Program:

$ 16,603.33 10,1*85.26
19,655.30 31,1*1*0.71*

$ 16,603.33 10,1*85.26 19,655.30 31,1*1*0.71*

President's House Samuel H. Bishop Dining Hall Anna T. Jeanes Hall John W. Davison Hall Ohio Hall Collis P. Huntington Hall Carnegie Library Building Academic Building Miscellaneous Landscaping Water System Ohio Hall Equipment
Robert W. Patton Hall Repairs and Renovations (Home Ec.)
Home Management House Furniture Two Farm Tenant Houses
TOTAL

752.71* 1,316.1*9
37.91* 196.00 12,066.81* 16,760.16
78.61 1,038.31* 1,633.97 2,829.70 5,500.15 l*,17l*.2l*
9,968.71 2,889.68 1*,816.87 $lU2,2i*5.07

752.71* 1,316.1*9
37.91* 196.00 12,066.81* 16,760.16
78.61 1,038.31* 1,633.97 2,829.70 5,500.15 1*,171*. 21*
9,968.71 2,889.68 1*,8l6.87 TmS.ShS.tS7

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

Funds for Plant
Additions

Funds for Debt
Service

Total

DEDUCTIONS:
Loans Repaid Endowment Funds

$

ft 722.01 ft 722.01

Other Deductions Interest on Indebtedness
TOTAL DEDUCTIONS

$
ftlU2.2U5.07

ft U67.75

1*6 7 .7 5

ft 1.189.76. SlU3.li3U.83

BALANCE, END OF TEAR

ftl5l,397.09 $

tl5l.397.09

SUMMARY OF INVESTMENT IN PLANT As of June 30 1953
VALUE OF PLANT, JULY 1, 1952

$1,156,89U.62

ADDITIONS DURING YEAR: Expended from Plant Funds Expended from Educational and _ener funds (Included in Current Expenditures) Expended from Auxiliary Enterprises Adjustments for Previous Years Buildings and Contents constructed by University System Building Authority TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1953
DEDUCTIONS FOR YEAR: Buildings Raxed
VALUE OF PLANT, JUNE 30, 1953

ftli,2 2U5.07
,
10
>->
,, 769,^^01

982,738.51 $2,139,633.13
51.898.10 $2,087,735.03

DEDUCT: Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1953

10,283.81 718.259.7U

728.5U3.55

Sl.359.191.U8

347

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1953

Investment Year Beginning Acquired of Year_______ Additions

Investment

End of

Deductions

Year

A. LAND Campus, 97 acres Farm, 50 acres Farm, 219*65 acres Farm, 130 acres Farm, 138*9 acres

1895 191*0
19U3 1950 1952

$ 9.765.00
3.075.00 9.262.00 15,763.1*0 15,122.70

$ 9,765.00 3.075.00 9.262.00
15,763.1*0 15.122.70

TOTAL LAND AND IMPROVEMENTS

B. BUILDINGS

Library and Office Building 1925

Huntington Hall

1980

Robert W. Patton Hall Laundry

1937
1916

Home Management House (old) 19ijl

Horae Management House (new) 1953
Samuel H. Bishop Dining Hall 1932

Maintenance Warehouse

Academic Building

1929

Peabody Trade Building

1926

Agriculture Classroom Bldg. 19^7

Farm Buildings

Dairy B a m

General Purpose Barn
Potato House No. 1

One Laying House

Cannery

Farm Dwelling No. 2

Farm Dwelling No. 3

Farm Dwelling No. 1*

Farm Barn No. 1

General Purpose Poultry House

Garage, Co-op No. 1

Brooder Houses

Farm Dwelling No. 1 - Haddock

Farm Dwelling No. 2 - Haddock

Davison Hall

19^8

Infirmary

1932*

Athletic Field House

191*0

Beauty Parlor

1915

President's House Richards on *s Cott age

1900
1920

Harris Cottage

1921*

Co-op No. 1

191*1

Co-op No. 2

19l*l

Garage No. 1

19l*0

Garage No. 2

191*0

$ 52,988.10

$ 52,988.10

27.500.00 16.650.00 1*9,050.00
2,900.00 3,000.00
50.000.
120.600.00 32.000. 30.000.

$ 10,596.81

31, 1*1*0. 71*
00
10,955.26

00

00

$30,000.00

3.000. 00
51*0.00 300.00
100.00
250.00 31*0.00 1*86.00 270.00 300.00
350.00 200.00
500.00
1*00 .00
221,986.16
18,000.00
500.00 250.00 15 .700.00 1 .850.00 3.600.00 2.700.00
2.700.00
1 .810.00 825.00

16,903.33

500.00

27.500.00

16.650.00

59,61*6.81
2,900.00

3,000.00
31,1*1*0.71*

50.000. 00

10,955.26

120,600.00

32.000.

00

3,000.00 16,903.33
51*0.00 300.00
100 .0 0 250.00
31*0.00 1*86.00 270.00
300.00
350.00 200.00
1*0 0 .0 0 221,986.16
18,0 0 0 .0 0
500.00 250.00
15,700.00
1 .850.00 3.600.00 2.700.00
.2.700.00
1 810.00
825.00

348

STATEMENT OF INVESTMENT IN PLANT (Continued)

YEAR ACQUIRED

INVESTMENT BEGINNING OF YEAR

ADDITIONS

DEDUCTIONS

INVESTMENT END OF YEAR

Anna T. Jeanes Hall (Bldg, Authority)
Henry A, Hunt Mem, Library (Bldg, Authority)
Stevens Cottage Ohio Hall Usher Cottage Veterans Units Buildings and Improvements
under Construction

1952
1952 1938 1930 193U

TOTAL BUILDINGS

$
1 ,1 0 5 .0 0 1 0 0 ,0 0 0 .0 0
U ,366.00 U o ,o o o .o o
1 ) 4 ,1 7 8 .U8
$768,306,614

$ U98,26l4.Q5 $ 217,956.31

2 0 ,0 0 0 .0 0

73.7U7.03

1 ,3 9 8 .1 0

* 859,863.53 * 5 1 ,8 9 8 .1 0

$ l498,26U.05
217,956.31 1 ,105.00
1 0 0 ,0 0 0 .0 0 14,366.00
2 0 ,0 0 0 .0 0
86.527.)4l
$1,576,272.07

EQUIPMENT Administrative Offices Physical Plant Library Library (Bldg, Authority) Dormitories Dormitories (Bldg, Authority) Dining Hall Farm Related Services Laundry
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 15,5147.69 178,118.85 59,735.1i5
3 2 ,1 3 8 .1 6
17,999.91 31,138.01
921.81
* 3 3 5 ,5 9 9 .8 8
$1,156,8914.62

$ 3,725.67 31,013.614 28,035.814 1 8 ,0 1 7 .1 0 3 ,0 1 8 .0 0 35,326.55 2,558.73 82.51 223.05 873.86
$ 122,8714.98
$ 982,738.51 $ 51,898.10

$ 19,273.36 209,132.1j9 87,771.29 1 8 ,0 1 7 .1 0 35,156.16 35,326.55 20,558.6U 31,220.55 223.05 1,795.67
$ l6,U7l4.86
$2,087,735.03

SAVANNAH STATE COLLEGE FINANCIAL REPORT
FOR THE YEAR ENDING
June 30, 19 3 3
Savannah State College Savannah,, Georgia
351

BALANCE SHEET
June 30, 1 953
ASSETS

I. CURRENT FUNDS A. GENERAL
Cash on Hand and in Bank Accounts Receivable Due from Auxiliary Enterprises Due from Board of Regents

$ 31,97^.01
7 36?*7^
12^000.00
6 36 9 !U6

TOTAL GENERAL FUNDS

B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores (Inventory)
TOTAL AUXILIARY FUNDS

$ U,3U6.29 7 ,69JUlj.0
10,323.1x1

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank

TOTAL AGENCY FUNDS

III. PLANT FUNDS A. UNEXPENDED Fund Balance

B. EXPENDED Land Buildings Improvements Other Equipment
TOTAL EXPENDED

Buildings

$ 163*681.91
1,086,31x.66
206,987.73
378,718.63

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 7,707.21 22.36U.10
$ 20,208.OH I 62,697.16
1*795,922.93

I 80,071.31 20,208.05
1,858.620.09 $1,958.899.U5

352

BALANCE SHEET
june 30, 1993

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Reserved for Unearned Income
Surplus, 6/30/93
TOTAL GENERAL FUNDS

$ 10,193.21 9,932.76 9,362.90 28.618.7U

97,707.21

B. AUXILIARY Accounts Payable Due to Education & General Reserve for Stores
Deficit, 6/30/93
TOTAL AUXILIARY

$ 2 ,oU6.9U
12,000.00
10,323.Ul . -2.009.89

22.36U.lO

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS

& 20,208.09

III. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 62,697.16

B. EXPENDED Equity of Univ. System Bldg. Authority Due to University of Georgia Invested in Plant
TOTAL EXPENDED

$ 60, 899.66 23,991.88
1,711,039.39

1,799,922.93

TOTAL PLANT FUNDS TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 80,071.31 20,208.09
1.898,620.09 Sl.998.899.U9

353

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1953

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees
TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Less amount unpaid end of year Chatham County Boad of Education Division of General Extension U. S. Post Office TOTAL GOVERNMENT FUNDS
SALES AND SERVICES
OTHER SOURCES Rents from Property General and Miscellaneous
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES COLLEGE INN
DINING HALL
DORMITORIES Hill Hall Hubert Hall Parsons Hall TOTAL DORMITORIES
LAUNDRY
AGRICULTURE PROJECT
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 44,5o5.5U 82,075.09 9,175.21 32,139.9'U 2,13li.3U

$170,030.12

$1450,000.00
6,369.14-6

$14i3,630.5U 114,526.60 3,106.140 2,700.00

U63,963.5l4 921.55

14,612.146 1,8141.78

6,14514.214 $6141,369.145

$ 30,1460.25
9 9 .2 l4l4 .ol4

7,825.140 114,173.63 3,395.25

25,39)4.28

10,639.06

I4 .2 3 8 .I4 Q

169,976.03 $8ll,3l45.U8

354

STATEMENT OF CURRENT EXPENDITURES For Tear Ended June 30, 1953

Total

Object Classification

Operating

Salaries & Wages

Supplies & Exoense Eouioment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL^
Alumni and Public Relations Business Office General Administrative Expense Post Office President's Office
^^TOTAlTADMINISTRATIVE & GENERAL
STUDENT WELFARE Director Dean of Women Health Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean of Faculty Arts and Sciences Biology Business Chemistry Education Fine Arts Health & Physical Education Home Economics Industrial Arts Languages & Literature Mathematics Physics Social Science Summer School Training School TOTAL INSTRUCTION
EXTENSION
TOTAL EDUCATIONAL AND GENERAL

$ 7,806.1*7 $ 5,703.20

20,637.50

17,991*. 56

29,209.1*2

6,111.88

3,097.58

2,872.78

ll*, 1*79.57

12,51*6.57

15.306.37

12.585.01*

S' 90.?3S.91 ..* 57.81U.U3

$ 2,033.31 $ 69.96

1,588.23

l,05U.7i

23,097.51*.

21*.80

200.00

1,371*. 1*6

558.51*

1,782.32

939.01 .

44 -oQ onn.hh " $ 2 ,8 2 2 .2 2

$ 8,165.81 5,100.00 7 T61*2.51*
$ 20.908.3h

$ 6,9 6 3.9 5 5 ,10 0 .0 0
6,018.81*
'$ iB.0 8 2 .7 5

$116.61*6.15 $ 31.703.1*1

S 5L.132.07 $ 13.1*05.60

$ 1,008.33
868.1*1
$ l.tVb. (U
^ U9.28U.70 $ 785.2U

$ 193.53
753.29, ft o|,p, R?
$13.229.38 S17.512.S7_

$ 10,8Ul.U6 15,170.30 12,51*9.05 20,251.15 7,Ui5.6l 30,753.9U 13,1*32.01
18,831.93 26,712.95 67,U39.l5 26,61*1.59
6,907.86 8,685.82 27,389.61* 50,U8U.20 16 ,222.21

I 7,61*5.35 9,051.82
9, 866.66
17,550.00
[*,586.00
29,372.50
1 1 ,000.00
1 8 ,000.00
20,553.UU
1*8 ,5 8 3 .3 1 26,366.66
6 .5 0 0 .0 0 7 .5 0 0 .0 0 2 6 ,8 17 .0 0 1*8,811.00
15.051.35 09

$ 2 ,2 3 0 .19 5 ,1*1 1 . 1 0 l,i*iu .59 1*0 8 .17
51*1.70 977.08
1 ,628.1*0 536.99
2 ,6 25.0 0
10,182.17
271*.93
59.18 1*91.1*8 218.06
1,673.20
295.21
$ 28.967.1*5

$ 965.92 707.38
1,267.80 2,292.98 2,287.91
1*01*. 36 803.61 291*. 91* 3,531*.51 8,673.67
31*8 .6 8 69U.3U
351*.58
875.65 $23.506.33

9U $622.559.63

$ 2.500.00 $1*53.189.58

535.91* $111,350.73

$58.019.32

STATEMENT OF CURRENT EXPENDITURES (Cont'd)

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

AUXILIARY ENTERPRISES'
COLLEGE INN.
DINING HALL
DORMITORIES Hill Hall Hubert Hall Parsons Hall TOTAL DORMITORIES
LAUNDRY
AGRICULTURE PROJECT
TOTAL AUXILIARY ENTERPRISES
NON-EXPENSE Transfer to Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

$ 39,873.81* $108 ,91$.S3

$ 7.636.S7 $18,U 79.10

$ 32.06S.81 $ 88,360.S3

$ 171.U 6 $ 2 ,0 7 S .9 0

$ 7 , $i*3.$U 10 .339 .U U 1,UUS.U9
$ 19,328.1*7
$ 8 , 8 2 1 . U6
$ 8 17 .11
$177,7S6.U l

$ 3,U 11.10 3,66U .U l
$ 7,0 75.51 $ S , 8 0 1 ,OS $ S9U.00
$ 3 9 ,S 8 6 .2 3

$ 3.902.UU U ,010.S7 1.UUS.U9
$ 9,358.50
$ 3.020.U 1
$ 2 2 3.11
$ 13 3 ,0 2 8 .3 6

$ 230.00 2 , 66U.U6
$2,8 9 U .U 6
$S,1U 1.82

$ 2,017.00 $17 9 ,7 7 3.Ul $ 8 0 2 ,3 3 3 .OU

356

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30* 1953

Balance July 1,1952

Receipts For Year

Disburse

Balance

ments

June 30,1953

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

$13,165.19 $ 6U1,369.W $622,559.63

Ui.lU3.67

169.976.03 179,773.Ul

-- -- -n o|,d LA $80? 333.Oil

,308.0b--

$16,090.82 $ 102,873.12 $ 98,755.89.

$ 31,975.01 U.3U6.29
$ 36,321.30
$ 20,208.05

S52.5U9.79

$ 10U.090.00 $ 93,9U2.63 $ 62,697.16

S95.9U9.U7

$1,018,308.60 $995,031.56. $119,226.51

BANK BALANCES

Liberty National Bank & Trust Company Educational and General Auxiliary Enterprises Agency Funds Petty Cash
TOTAL

$ 9U,U7U.07 h,3U5.23 19,807.21
600.00
$119.226.51

STATEMENT OF AGENCY FUNDS
For Year Ended June 30, 1953

Campus Chest

Class Accounts

1 #

Due from Vocational Rehabilitation

Scholarships, Awards & Prises

Student Activities

Student Clubs, Org., Etc.

Student Deposits

Sales Tax Payable

Social Security Teachers Retirement

Withholding Tax Mutual Insurance Account

TOTAL

Fund Balance July 1,1952

Receipts For Year

Disburse ments

$ 1,228.79 U72.33 5*68
3,35U.o5 2,U81.37 7,752.UO
lUl.66
65U.5U $1 6 , 090.82

$ 2,115.80 661.87
1,091.50 28,765.91
3,859.28 5,906.60
67U.38 301.90 18,233.75 39,562.90 1.699.23
$102,873.12

$ 2,382.68 U8U.5U 131.00 310.00
2U,768.11 5,396.79 U,U15.25
717.10
18,233.75 39,562.90
2,353.77
$98,755.89

Fund Balance June 3*1953
$ 961.91 6U9.66 -131.00 787.18
7,351.85 9U3.86
9,2U3.75 98.9U 301.90
$20,208.05

357

STATEMENT OF UNEXPENDED P U N T FUNDS For Year Ended June 30, 1953

i?unds For Plant
Additions

Funds For Debt
Service

Total

BALANCE, BEGINNING OF YEAR
ADDITIONS Transfer from Aux. Ent. Regents Allotment TOTAL ADDITIONS PLUS BALANCE
DEDUCTIONS Expended for Improvement of Land
Buildings & Additions to Buildings Adams Hall Boggs Hall
Building #Ul
Camilla Hubert Hall College Inn Community House Farm Shop & Cannery Fine Arts Buildirg Hammond Hall Herty Hall Hill Hall Infirmary Masonry Shop Meldrim Hall Morgan Hall Paint Shop Parsons Hall Powell Laboratory School Trades Building White Hall Wilcox Hall
TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Water System

$ 52.5U9.79
10U.090.00 $156,039.79
$ l,8U3.Ul
$ U,859.U8 76.56
7,323.63 2,891.01
206.UU 2U.U6
2,753.22 178.39 685.82
11,81U.83 27,225.55
5U7.9U U9.26 6 11.0 2 15,280.80 89.88 165.U9 U ,897.79 670.13 183.19 10,598.95 $" 91,133.8U
$ 965.38

$
2,017.00 $2,017.00

$ 52.5U9.79
2,017.00 10U.090.00 $158,656.79
$ 1.8U3.U1
$ U,859.U8 76.56
7,323.63 2,891.01
206.UU 2U.U6 2,753.22 178.39 685.82 11,81U.83 27,225.55 5U7.9U U9.26 611.02 15,280.80 89.88 165.U9 U ,897.79 670.13 183.19 10,598.95 $ 91,133.8U
$ 965.38

Indebtedness Retires & Other Deductions

Payment to University of Georgia

$

$1,259.U6 $ 1,259.U6

Other Expenditures not Capitalized Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$ 757.5U $ 757.5U $93,9U2.63 $2,017.00 * 95,959.63 $62,697.16______________________ $ 62,697.16

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1953

VALUE OF PLANT, JULY 1, 19!?2

ADDITIONS DURING YEAR

. QQ _

Expended from Plant Funds

Expended from Educational & General Funds and

Included in Current Expenditures

>

ou,

Expended from Auxiliary Funds and Included in

R

Current Expenditures

,, .nJ. A

..

Buildings Constructed by University System Building Authority 65 ?2H5 o 5

TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1953

DEDUCTIONS DURING YEAR Inventory Adjustments
VALUE OF PLANT, JUNE 30, 1953

$1,611,289.31
223,252.10 $l,83U,5Ul.Ul
38.618.U8 $1,795,922.93

^ E q u i t y of University System Building Suthority Loans Payable - University of Georgia
INVESTMENT IN PLANT, JUNE 30, 1953

$60,895.66

8U.887.5U $1,711,035.39

359

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1933

LAND Campus Off Campus
TOTAL LAND
BUILDINGS Adams Kail Band Stand Barbecue Pit Boggs Hall Building #1*1 Camilla Hubert Hall College Inn Community House Concession Stand Cottage #1 Cottage #2 Cottage #3 Cottage #1* Cottage #5 Cottage #6 Cottage #7 Cottage #8 Cottage #9 Creamery & Dairy Lab. Dairy Barn Farm Shop and Cannery Field House Fine Arts Building Garage Hammond Hall Herty Hall Hill Hall Incubator Houses (5) Infirmary Information House Laying Houses (2) Masonry Shop Meldrim Hall Morgan Hall Paint Shop Parsons Hall Powell Laboratory School Shoe Shop Storage House - Maintenance Trades Building White Hall Wilcox Hall
TOTAL BUILDINGS

Investment Year Beginning Acquired Of Year_______ Additions

Investment End Of
Deductions Year

1890

$121,1*38.50 1*00.00
$121,836.50

$ 1,1*96.91 31*6.50
$ 1,81*3.1*1

1932 19l*l
1890 1952 1937 191*7 1938 1951 1903 1908 1908 1931 1932 1908 1908 1936 1951 1911* 1921 1938 1938 191*7
1908 1938 1905 1938 19l*7 1938 1939 1939 1923 1936 1938 1890 1935 1920 1939 191*5 1951 1931*

$ 65,350.00 600.00 650.00
10,328.18 7,850.00
11*3,010.00
1 1 ,500.00
13,350.00 1,750.00 7,000.00 6,200.00 7,850.00 3,750.00 8,900.00 7,923.20 8,875.00
6,050.00
7,000.00 1*,000.00 8,580.00 16,71*6.00 5,270.00 21,137.00 > 500.00 10,650.00 61,500.00
125,703.55 .1*,710.00 18,675.00 650.00 1,000.00
1*, 660.00
12l*, 066.61* 37,700.00
1*, 660.00
56,057.70 15,300.00
1*,100.00
500.00
29,900.00
1*0,797.55 80,601.00
$995,1*00.82

$ 1*, 859.1*8
76.56 7,323.63 2,891.01
206.1*1*
2l*.l*6
2,753.22 178.39 685.82
11,811*. 83 27,225.55
51*7.91*
1*9.26
611.02
15,280.80 89.88
165.1*9 1*,897.79
670.13 183.19 10,598.95 $91,133.81*

360

$122,935.1*1 71*6.50
$123681791
$ 70,209.1*8 600.00 650.00
10,1*01*.71*
15,173.63 11*5,901.01
11,706.1*1* 13,37i*.l*6
1,750.00 7,000.00 6,200.00 7,850.00 3,750.00 8,900.00 7,923.20 8,875.00
6,050.00 7,000.00
1*,000.00 8,580.00 19,1*99.22 5,270.00 21,315.39
500.00 11,335.82 73,311*. 83 152,929.10
1*,710.00
19,222.91*
650,00
1,000.00
1*,709.26
121*, 677.66 52,980.80 1*, 71*9.88 56,223.19 20,197.79
1*,100.00
500.00 30,570.13 1*0,980.71* 91,199.95 $1,086,531*. 66

STATEMENT OF INVESTMENT IN PLANT (Cant'd)

Investment

Year

Beginning

Acquired Of Year

Additions

Deductions

Investment End Of Year

C. IMPROVEMENTS OTHER THAN BUILDINGS Campus Lighting System Development of Athletic Fie Steam Distribution Lines Streets and Sidewalks Telephone System Water System Sewerage Disposal System (Bldg. Authority) TOTAL IMPROVEMENTS
D. EQUIPMENT Administrative Offices Personnel Services Physical Plant Library Instructional Departments Extension College Inn Dining Hall Dormitories Faculty Dwellings Farm Laundry TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ &,&O.PO 13,756.86 18,539.1 3 5 , 000.00 800.00 17, lUO. 63
$ lUO,777.00

,14
$
965.38 65.2U5.35
$ 66,210.73

$ 55,5UO.OO 13,756.86 18,539.51 35, 000.00 800.00 18 , 106.01
6S.2U5.3S $ 2o6,987.73

$ 21,980.26 3,955.90
U l,503.61 60, 526.20 ll|6, 063.22
966.50 5,737.70 16,225.53 m ,997.29 8, 82U .6l 17,01*2.57 I5 .m 9 .6 0 1 353,272.99
$1,611,289.31

$ 2,859.67 $ 2 , 5 1 1 . U2 $

2,791.51

632.6U

1 8 ,699.OU 1,531.01

22,UU6.31

23,506.33 2 2 , 55U.m

1 7 1 . U6 2,075.90

9U3.2U 3,206.92

2,89U.U6

723.32

1,225.U6

l?,OU2.57

371.68 $ 75,81b.3"b $50,370.72" $

22, 328.51 6,llU.77
5ft,671.6U 82,972.51 1U7,015.U1
966.50 U ,965.92 l5,09U.5l 17,l68.U3 7,599.15
15,821.28 378,718.63

$ 235,OOU.3U $50,370.72 $ 1,795.922.93

361