Us e o . < 4 S f~b j1 & - S 3 ->3 ~ 0 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 and title page? Im perfect volumes aeiay return or omamg 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 nt 1959 E 9 E 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 A \ c 2 wm and title paqe.-' im p erfect volum es ae ia y return or om am g. 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 ,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