Annual financial report, University System of Georgia, for the year ended June 30, 1955

J* 2
ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA
For the Year Ended June 30, 1955
Regents of the University Systea of Georgia 20 Ivy Street, S. E. Atlanta
1

of Dinaing. inames.

TABLE OF CONTENTS

Letter of Transmittal ........................................ ....... 5

Summary.... ................ ......................... ............... 6

Consolidated Statements.... ......... ................................ 16

University System of Georgia - General Activities ..................... 31

The University of Georgia - Summary.... .............................. 39

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

53

The University of Georgia, Athens ............................. ..... . 61

Agricultural Extension Service, Athens ....................... ....... 113

Atlanta Division of the University of Georgia, Atlanta .......... ..... 121

Agricultural Experiment Station - General ............................ 131

Agricultural Experiment Branch Stations .............................. 135

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

143

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

153

Georgia Coastal Plain Experiment Station,Tifton ...................... 165

Georgia Institute of Technology, Atlanta ........................... 175

Medical College of Georgia, Augusta ...... ......................

217

North Georgia College, Dahlonega .......................... ........... 229

Georgia State College for Women, Milledgeville...................... 241

Georgia Teachers College, Collegeboro ............................... 257

Valdosta State College, Valdosta.....................

267

Georgia Southwestern College, Americus *.......................... .. 279

West Georgia College, Carrollton............................

289

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

299

South Georgia College, Douglas ............. ........... .............. 307

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

321

Albany State College, A l b a n y .......... ........... ...... ............ 331

Fort Valley State College, Fort V a l l e y ...... ..................... . 341

Savannah State College, Savannah.......... ...... ................. L sa sS S iea ^,^.

1 l i b RARIES GEORG'iV

MEMBERS OF THE BOARD OF REGENTS OF THE ONIVERSITY SYSTEM OF GEORGIA
June 30, 1955

Robert 0. Arnold Charles J. Bloch Howard H. Callaway Edgar B. Dunlap, Sr.* Frank D. Foley** Roy V. Harris Mrs. William Healey John H. McDonough C. L. Moss David F. Rice John I. Spooner Freeman Strickland Francis Stubbs, Sr. Carey Williams Everett Williams

Covington Macon Hamilton Gainesville Columbus Augusta Atlanta Atlanta Calhoun Atlanta Donalsonville Atlanta Douglas Greensboro Statesboro

Term Expires
1956 1957 1958 1959 1956 1958 1960 1957 1959 1961 1961 1960 1957 1962 1962

Officers of the Board of Reaents

Robert 0. Arnold John J. McDonough Harmon W. Caldwell M. Gordon Brown John E. Sims*** J. H. Dewberry L. R. Siebert James A. Blissit

Chairman Vice Chairman
Chancellor Assistant Chancellor Assistant to the Chancellor Director, Plant & Business Operations
Executive Secretary Treasurer

^Deceased. Replaced by Morris M. Byran, Jr. of Jefferson. Resigned. Replaced by Quimby Melton, Jr. of Griffin. ***On Leave.

4

REGENTS O F TH E UNIVERSITY SYSTEM O F GEORGIA
2 0 IVY STREET, S. E.
ATLANTA
Chancellor Harmon 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, 1955.
This represents the eighth 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.
You will find a summary of the principal items of interest in this report on the next following pages. The remainder of the report covers the detailed operations of the institutions comprising the University System.
December 9, 1955
t
5

SUMMARY

Scope of Report
The annual report contained herein covers all financial operations of the University System for the fiscal year ended June 30, 1955. This report has been prepared generally in accordance with the recommendations of the National Committee on the Preparation of a Manual on College and University Business Administration. All statements and schedules were prepared on a cash receipts and disbursements basis with the exception of the balance sheets and statement of surplus which were prepared on a modified accrual basis.

State Appropriation received for all activities amounted to $12.237,436.

The General Appropriations Act of 1953 continued in effect during the fiscal year 1954-55. This Act included appropriations to the University System totaling $15,233,000; however, $3,000,000 of this appropriation was made contingent on the availability of State funds in excess of the amount needed to meet regular appropriations provided in the General Appropriations Act. No funds were received during the year under this section of the Act. On the contrary, the reduction of six per cent made in the regular appropriation by action of the Governor as Director of the Budget during the previous year was continued into 1954-55. The amounts received from the regular appropriation and from special appropri ations made available by the Budget Bureau were as follows:

Regular Appropriation

$11,499,020

Special Appropriations For further development of Rock Eagle Project For operation of Eugene Talmadge Memorial Hospital For development of Forestry School at University of Georgia For operation of School of Nursing For development of Poultry Program at University of Georgia For increased aid for indigent patients at Medical College of Georgia For cooperation in regional pink boll worm project
Total State Appropriation Received

$316,216 125.000

100.000 81,200

63.500

37.500 15.000

738.416

S12.237.436

The total appropriation of $12,237,436 received during the year was $1,069,998 less than the amount received during the previous year. However, after excluding the special appropriations received for specific purposes during the two years, the amount received for general purposes was the same for each year.
The balance in the Regents Allotment Account on July 1, 1954, was $314,313. During the year this account was increased by a State Appropriation of $12,237,436 as referred to above, making a total available for allocation of $12,851,749. Of this amount, the Board of Regents approved allocations totaling $12,240,718 leaving an unallocated balance at June 30, 1955 of $311,031.
Total Income for^Carrent and Plant Purposes amounted to $31.903,454; an increase of 3.7%.
The University System received income during the year for current and plant purposes in the amount of $31,903,454. Tfce general sources of income are set forth below in

6

comparison with income received from similar sources during the previous year:

Source
State Appropriation Internal Income
For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Studeht Aid
TOTAL INCOME

1953-54

1954-55

Increase or (Decrease)

$13,307,434 $12,237,436 $(1,069,998)

11,415,715* 5,452,560 334,630 243.995

12,421,971 5,943,673
989,210 311.164

1,006.256 491,113 654,580 67.169

$30.754.334 $31.903.454 $ 1.149.120

Adjusted to include grants from various counties amounting to $723,203 for support of Agricultural Extension Service.

Total Expenditures for the year amounted to $32.429.629; an increase of 6.OX,

The expenditures for current operations and plant additions and improvements made

during the year are compared below with the expenditures for 1953-54;

Increase or

Expenditures Made

1953-54

1954-55 (Decrease)

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

$20,491,534* 4,933,0% 4,738,336 435.329

$21,893,781 5,215,454 4,797,070 523.324

$ 1,402,247 282,358 58,734 87.995

TOTAL EXPENDITURES

$30.598.295 $32.429.629 $ 1.831,334

Adjusted to include grants from various counties amounting to $723,203 expended for support of Agricultural Extension Service.

Income for Educational and General Purposes $1.589.590 or 7.6% greater than for previous year.

The income received during the year for Educational and General operation is compared in the summary below with the income received during the previous year:

Source
Student Fees Matriculation Non-Resideat Tuition Summer Session Other Fees Total Fees
Gifts, Grants, & Endowment Governmental Other Than State Sales and Services Other Sources
Total Internal Income State Appropriation
Total Income

1953-54

Amount

&

$ 3,117,857 15.0

943,974 4.5

516,8% 2.5

236.355 1.1

$ 4.815.082 23.1

$ 1,181,435 5.7

2,888,7%* 13.9

2,416,331 11.6

114.071

.5

$11,415,715 54.8

9.422.411 45.2

$20,838,126* 100.0

1954-55

Amount

%.

$ 3,505,178 1,073,612 720,720 325.426
i 5.624.936 $ 852,829
3,425,876 2,451,908
66.422 $12,421,971
10.005.745 $22,427,716

15.6 4.8 3.2 1.5
25.1 3,8 15.3 10.9 .3
55.4 44.6 100.0

Increase or (Decrease)

Amount



$ 387,321 12.4 129,638 13.7
203,824 39.4
89.071 37.7
E 809.854 16.8
$ (326,606) (27.9) 537,080 18.6
36,577 1.4
(47.649) (41.8)
$1 ,006.256 8.8 583.334 6.2
$1 .589.590 7.6

7

It will be noted that student fees produced 16.8% more income than for the previous year. It must be noted that the above comparison is based on income collected during the two years rather than the income earned. The income from student fees earned during 1954-55 amounted to $5,387,373 as compared with $4,662,310 earned during 1953-54. This is an increase of 15.6% and for the greater part is due to the increased enrollments in the various units of the University System.

The decrease in the income from gifts, grants, and endowment for 1953-54 as compared with the previous year was of a significant amount. It was pointed out in the annual report for 1953-54 that the amount of income from this source included some rather large grants received during the year. Some of these grants were of a non-recurring nature, thus the decrease of 27.9% in gifts and grants received during 1954-55.

Another significant change was in the amount received from Governmental appropri ations other than the State Allotment. The largest single items making up this increase were the increases of $247,333 and $146,308 in Federal appropriations for the support of the Agricultural Extension Service and the Agricultural Experiment Stations respective ly of the University of Georgia.

It was pointed out earlier in this summary that the State appropriation received during the year was $1,069,998 less than for the previous year. However, a greater portion of the total appropriation was used for general operations than during 1953-54. It will be noted above that the income of the various institutions from the State appropriations for Educational and General purposes was 6.2% greater than for the pre vious year.

Educational and General Expenditures amounted to $21.893.780.66. an increase of 6.8%.

The expenditures for Educational and General purposes were $1,402,247 in excess of those for 1953-54. These expenditures are compared by function in the following table.

1953-S4

Amount



1954-55

Amount

A

Administration & General $1,633,652 8.0

Student Welfare

385,614 1.9

Plant Operations

1,888,645 0.2

Library

702,363 3.4

Instruction

7,467,435 36.4

Activities Related to Instr. 642,735 3.1

Organized Research

4,092,054 20.0

Agricultural Extension

2,797.440* 13.7

General Extension

881.596 4.3

TOTAL

$20,491,534* 100.0

$1,670,774 431,560
1,983,896 725,182
8,151,598 646,589
4,054.550 3,151,199 1.078.433 $21,893,781

7.6 2.0 9.1 3.3 37.2 3.0 18.5 14.4 4.9 100.0

Increase or (Decrease)

Amount

%

$ 37,122 45,946 95,251 22,819
684,163 3,854
(37,504) 353,759 196.837 $1,402,247

2.3 11.9
5.0 3.2 10.5 0.6 (0.9) 12.6 22.3 6.8

Adjusted to include grants from various counties amounting to $723,203 expended for support of Agricultural Extension Service.
Educational and General Surplus reduced by $187.888.
The University System ended the fiscal year with an Educational and General surplus of $1,298,095 as compared with $1,485,983 at June 30, 1954. On an accrual basis as computed in the Statement of Surplus to be found later in this report, income exceeded expenditures by $127,689; $3,990 was transferred from other funds; and the surplus reserves were rediced by $15,552; resulting in a total increase in the surplus account of $147,231. The reductions in surplus were as follows: transfers to plant funds, $319,799; transfers to other funds, $11,028; decrease in Regents' Allotment Account, $3,282; and surplus adjustments of $1,010.

8

The following summary of the Educational and General section of the Balance Sheet is given as a comparison of the assets and liabilities as of June 30, 1955, with those as of the end of the previous year.

Assets
Cash Accounts Receivable Other Assets

Increase or Jun--e-30v.t 1*9/54 June 30. 1955 (Decrease)

$ 2,383,600 $ 2,604,239 $ 220,639

332,168

298,758

(33,410)

13.637

25.391

11.754

TOTAL ASSETS

$ 2.729.405 $ 2.928.388 $ 198.983

Liabilities and Surplus

Accounts Payable Purchase Orders Outstanding Unearned Income Restricted Fund Balance Other Reserves Unappropriated Surplus

$

33,802 $

134,027 $ 100,225

143,214

171,734

28,520

225,602

484,950

259,348

742,682

826,528

83,846

98,122

13,054

(85,068)

1.485.983

1.298.095

(187.888)

TOTAL LIABILITIES AND SURPLUS

$ 2.729.405 $ 2.928.388 $ 198.983

Income from Auxiliary Enterprise Operations increased bv 9.0%

i c w u c u uui Any m e year xrom m e operation of Auxiliary Enterprisies amounted to $5,943,673 which is 9.0% greater than for the previouis year. The income by sources for the past two years is compared in the following summary:

Source
Dormitories Dining Halls Student Center and Bookstores Apartments and Dwellings Other Activities
TOTAL INCOME

1953-54

1954-55 Increase

$1,040,859 2,333,617 1,454,594 358,177 265.313

$1,232,533 2,367,451 1,618,505 401,922 323.262

$191,674 33,834
163,911 43,745 57.949

$5,452,560 $5,943,673 $491,113

Expenditures for Auxiliary Enterprise Operations amounted to $5.215.454

The Auxiliary Enterprise expenditures for 1954-55 were 5.7% greater than the expendi
tures for the previous year. Outlined below is a comparison of the expenditures for the past two years.

Activity

1953-54

Increase or 1954-55 (Decrease)

Dormitories Dining Halls Student Center and Bookstores Apartments and Dwellings Other Activities

$ 865,572 2,235,548 1,311,945 224,870 295.161

$ 981,982 2,r128,445 1,,549,595 251,676 303.756

$116,410 (107,103) 237,650
26,806 8.595

TOTAL EXPENDITURES

$4,933.0% $5,,215.454 $282,358

9

Operation of Auxiliary Enterprises result in a net income of $183,239.

Considered on an accrual basis as reflected in the Statement of Surplus found later in this report, the income from operations exceeded expenditures by $705,741. However, after providing for debt service requirement of $308,190 and replacement requirements of $214,312; the net income from operations was reduced to $183,239. During the year $463,899 was transferred to other funds, and surplus reserves were increased by $59,198. Therefore, the year's activities resulted in a net decrease in surplus of $404,409; leaving a surplus at June 30, 1955, of $575,279 as compared with $979,688 at the beginning
of the year.

Income for Student Aid amounted to $559.664.

During the year income for student aid was received in the amount of $559,664 as compared with $457,495 for the previous year. Of this amount, $248,500 was allocated by the Board of Regents from the State appropriation; $210,000 for scholarships to Negro students attending institutions other than units of the University System; and $38,500 for the Southern Regional Education Board. Listed below are the sources from which this income was received as compared with the previous year.

Source

1953-54

1954-55 Increase

Endowment Income Gifts and Grants State of Georgia

$ 41,250 $ 41,450 $ 200

202,745

269,714 66,969

213.500

248.500 35.000

TOTAL INCOME

$ 457.495 $ 559.664 $102,169

Expenditures for Student Aid amounted to $523.324.'

During the year $523,324 was expended for student aid1 as compared with $435,329 for the previous year. The expenditures are compared for t^he two-year period in the follow-

ing summary.

Increase or

1953-54

1954-55 (Decrease)

Fellowships Scholarships Other
TOTAL EXPENDITURES

$ 28,080 $ 34,035 $ 5,955

361,300

449,365

88,065

45.949

39.924

(6.025)

$ 435.329 $ 523.324 $ 87.995

Agency Funds were held at end of year amounting to $945,938.
The University System held Agency Funds at June 30, 1955, having a total fund balance of $945,938. This was composed of funds received and held by various units as custodian, 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 increased to $4.200.574.
The University System held Endowment Funds assets at June 30, 1955, in the amount of $4,200,574. This amount was composed of cash in the amount of $193,727 and investments totaling $4,006,847. Listed below is a summary of the investments at June 30, 1955, as compared with the investments at the end of the previous year.

10

June 30. 1954 June 30. 1955

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

$ 1,105,772 $ 1,048,810

141,000

132,000

1,129,790

1,170,232

138,625

138,625

151,000

161,000

66,768

71,628

121,674

105,146

28,533

40,952

1,140,846

1,122,245

24.450

16.209

TOTAL INVESTMENTS

1 _ 4.048.458 $ 4.006.847

Of the above assets, $337 was due to other funds; $31,737 was reserved for the purpose of the trust; and $4,168,500 represented fund balances. This represents an increase of $96,903 in fund balances as compared with the fund balances at June 30, 1954.

Student Loan Fund Assets amounted to $1,206,754.

The total assets of Student Loan Funds at June 30, 1955, amounted to $1,206,754. This amount was composed of cash, $152,961; student notes receivable, $287,372; and investments totaling $766,421. The investments as compared with those at the end of the previous year were as follows:

June 30. 1954 June 30. 1955

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

$

275,811 $

255,204

4,000

3,500

51,300

79,938

41,375

41,375

6,750

6,750

12,116

11,526

95,361

90,478

243,519

274,824

436

2.826

TOTAL INVESTMENTS

$ , 730.668 $

766.421

The fund balances of Student Loan Funds at June 30, 1955, amounted to $1,206,754, which represents an increase of $9,522 in the fund balances at the beginning of the year.

Income for Plant Additions and Improvements amounted to $2.967.683.

During the year income was received amounting to $2,967,683 for plant purposes. Tfre various sources of this income are compared in the following summary with the income received during 1953-54.

Source

1953-54

1954-55

State Appropriation Gifts and Grants Other Sources
TOTAL INCOME

$3,654,957 $1,978,473

230,551

824,110

104.079

165,100

$3.989.587 $2 . 967.683

11

In addition to the above income, Educational and General Funds in the amount of $319,800, and Auxiliary Enterprise Funds in the amount of $986,400 were transferred to Plant Funds for plant purposes.

Plant Fund Expenditures amounted to $4.797.070.

Plant Fund expenditures for the year as compared with those for the previous year were as follows:

1953-54

1954-55

Plant Additions

JJ

Land

Buildings and Additions

Improvements Other Than Buildings

Equipment

Debt Service (Principal and Interest)

Building Authority Rentals

Other Expenditures

TOTAL EXPENDITURES

$ 83,087 1,935,660 351,919 229,861 284,510 1,618,559 234.740

$ 98,943 2,081,789 108,769 173,343 285,256 1,621,140 427.830

$4.738.336 $4.797.070

The Plant Fund activities would not be complete without a look at the activities o the Dniversity 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, As of June 30, 1955, the Building Authority had issued bonds totaling $20,500,000, of which $18,301,000 was outstanding. Funds were held in Sinking and Reserve Funds in the amount of $1,254,413 for future debt service requirements. Forty-six projects with an estimated total cost of $21,686,272 had been completed or were under construction during the year. Of these forty-six projects, six were started during the year 1954-55. This program was started in 1950 and as of June 30, 1955, a total of $20,530,454 had been expended in the construction of the projects referred to above and the Authority held funds in the amount of $2,055,582 for the completion of unfinished projects and for the construction of additional projects. Of the total amount expended for construction, $3,848,008 was expended during 1954-55. In addition to the annual rentals paid to the Authority by the University System, an amount of $1,361,138 has been paid to the Authority as a supplement to construction funds since the program was started. As will be noted above, the University System paid $1,621,140 to the Building Authority during 1954-55 as rentals for the use of these facilities.
Unexpended Plant Fund Balances amounted to $3.383.984.
Unexpended Plant Funds had assets at June 30, 1955, totaling $3,383,984. This amount was composed of cash, $1,328,943; temporary investments, $2,022,069; and amounts due from other funds of $32,972. Of these assets, $273,218 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; $326,909 was reserved for the Insurance and Hazard Fund; and $2,783,857 represented unexpended fund balances.

12

A total of $83.099,233 was invested in Plant as of June 30. 1955

The University System had an investment in physical plant assets at June 30, 1955, in the amount of $83,099,233. This represents an increase of $7,013,185 over the invest ment at the beginning of the year. The major items included xn this increase are the buildings and improvements constructed and under construction by the University System Building Authority for which $3,848,008 was expended during the year; the continued construction of the Rock Eagle Project by the University of Georgia for which $802,746 was expended; and the beginning of the Continuing Education Center at the University for which $309,577 was expended during the year. Many smaller projects were under construction during the year and go to make up the remainder of this increase together with equipment purchased from current funds and included as current expenditures. The investment in plant as compared with that at June 30, 1955, is summarized as follows:

June 30. 1954 June 30. 1955

Land Buildings Improvements Other Than Buildings Equipment

$ 3,357,892 $ 3,456,835

49,782,148

56,173,205

5,213,564

4,508,690

17.732.444

18.960.503

TOTAL PLANT ASSETS

$ 76.086.048 $ 83.099.233

m The reduction in "Improvements Other Than Buildings" is due to the reclassification as "Buildings" items that were incorrectly classified in previous reports. It should be noted that the above amounts represent the cost of plant assets or the appraised value on date of acquisition in the case of gift of plant assets. During the year 1953-54, an appraisal was made of the buildings of the University System. This appraisal has been brought up to ddte to include additions since that date and reveals a sound value of buildings as of June 30, 1955 amounting to $79,558,400 as compared with a book value on that date of $56,173,205. The replacement value of all buildings would be well in excess of this amount inasmuch as accrued depreciation was taken into consideration in arriving at the sound value.

During 1954-55, $101,000 of Series "A" Georgia Institute of Technology Revenue Bonds
were retired, leaving a balance of $2,304,000 outstanding at the end of the year; $103,000 at 2%%; $1,709,000 at 21$; and $492,000 at 2% with maturity dates to May 1, 1978.

In addition to the bonded indebtedness referred to above, a total of $1,397,069 was due to Endowment and Student Loan Funds for amounts invested in revenue producing pro jects at various units of the University System. This amount is being amortized over a period of years from the net income of the projects financed by these loans. This amount is invested in plant assets of the following units:

University of Georgia

$1,004,224

Georgia Institute of Technology 197,876

North Georgia College

32,417

Ga. State College for Women

132,448

Fort Valley State College

8,746

Savannah State College

21.358

TOTAL

$1.397.069

13

It will be noted 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 the 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 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, 1955, amounted to $17,066,988 as against assets included of $20,530,454.
With a total investment in plant of $83,099,233; against which bonds were out standing in the amount of $2,304,000; $1,397,069 was due to Endowment and Student Loan Funds; and an equity of $17,066,988 was held by the University System Building Authority; the University System had a net investment in plant of $62,331,175.
General Comments. On tbe 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, 1955. n addition to the consolidated statements, detailed financial reports covering the operation of the individual units of the University System may be found in this report.
14

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1955
ASSETS

I. CURRENT FUNDS A. GENERAL Cash Investments (Temporary) Accounts Receivable Due from Other Funds Other Assets TOTAL GENERAL FUNDS

$ 1,399,807.46 430,000.00 246,662.16 12,336.86 13.054.29

$ 2,101,860.77

B. RESTRICTED Cash Investments (Temporary) Accounts Receivable TOTAL RESTRICTED FUNDS

$ 598,132.20 176,299.33 52.0%.03

826,527.56

C. AUXILIARY Cash Investments (Temporary) Accounts Receivable Stores (Inventories)

$ 566,987.15 250,545.59 32,309.44 441.268.82

TOTAL AUXILIARY

1.291.111.00

TOTAL CURRENT FUNDS

$ 4,219,499.33

II. AGENCY FUNDS Cash Investments Accounts Receivable TOTAL AGENCY FUNDS

$ 865,199.50 77,943.40 2,794.83

945,937.73

III.

ENDOWMENT FUNDS Cash Investments
U. S. Government Bonds State and Municipal Bonds University System Bldg. Anth. Bonds Ga. State Hospital Authority Bonds Ga. Institute of Technology Revenue Bonds Preferred and Common Stock Real Estate Real Estate Mortgages University System Buildings Other Investments
TOTAL ENDOWMENT

$ 193,726.95
$ 1,048,810.00 132.000. 00
1,170,231.91 138,625.00 161.000. 00 71,627.90 105,146.09 40,951.54
1,122,245.46 16.208.80 4.006.846.70

4,200,573.65

IV. STUDENT LOAN FUNDS Cash Student Notes Receivable

$ 152,961.44 287,371.48

16

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1955

LIABILITIES. SURPLUS. AND FUND BALANCES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income (Summer Session Fees) Other Reserves Unappropriated Surplus TOTAL GENERAL FUNDS

$ 134,027.45 171,734.16 484,949.99 13,054.29
1.298.094.88

$ 2,101,860.77

B. RESTRICTED Fund Balance

$ 826,527.56

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
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

$ 826,527.56

$ 51,371.74 44,971.68 7,443.27
164.645.81 441.268.82
6,130.00 575.279.68

1.291.110.00 $ 4,219,499.33

$ 945,937.73

TOTAL AGENCY FUNDS

III.

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

$

336.86

31,737.30

4,168,499.49

945,937.73

TOTAL ENDOWMENT FUNDS IV, STUDENT LOAN FUNDS
Fund Balances
17

4,200,573.65 $ 1,206,754.10

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1955

ASSETS (CONTINUED)

IV. STUDENT LOAN FUNDS (CONTINUED) Investments U. S. Government Bonds State and Municipal Bonds University System Bldg. Auth. Bonds Ga. State Hospital Authority Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments TOTAL STUDENT LOAN FUNDS

255.204.00 3.500.00
79,938.50 41,375.00
6.750.00 11,526.19 90,477.85 274.824.00
2.825.64 $

766.421.18 $ 1,206,754.10

V. PLANT FUNDS A. UNEXPENDED Cash Investments (Temporary) Due from Other Funds TOTAL UNEXPENDED PLANT FUNDS

$ 1,328,943.25 2,022,068.68 32,971.68

$ 3,383,983.61

B. INVESTED IN PLANT Land Buildings (See Note Below) Improvements Other Than BuildingsEquipment

$ 3,456,835.36 56,173,204.43 4,508,689.65 18.960.503.36

TOTAL INVESTED IN PLANT

83.09fr.232.80

TOTAL PLANT FUNDS

8d.483.216.41

TOTAL ASSETS

$97.055.981.22

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $79,558,400.

18

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30t 1955
LIABILITIES, SURPLUS, AND FUND BALANCES (CONTINUED) IV. STUDENT LOAN FUNDS (CONTINUED)

TOTAL STUDENT LOAN FUNDS

$ 1,206,754.10

V. PLANT FUNDS A. UNEXPENDED Reserve for Insurance and Hazard Fund Reserve for Bond Sinking Fund Fund Balance TOTAL UNEXPENDED PLANT FUNDS

$ 326,909.19 273,217.75
2.783.856.67

$ 3,383,983.61

B. INVESTED IN PLANT

Loans Payable to Endowment Funds

$ 1,122,245.46

Loans Payable to Student Loan Funds

274,824.00

Bonds Payable

2,304,000.00

Equity of University System Bldg. Auth. 17,066,988.39

Investment in Plant

62.331.174.95

TOTAL INVESTED IN PLANT

TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

83.099.232,80 86.483.216.41
S97.055.981.22

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL Year Ended

Institution

STUDENT FEES______________________

Non-Resident

Summer

Matriculation

Tuition

School

Other

Gifts, Grants
and Endowment

Senior Units (White) University of Georgia Atlanta Division

$ 704,692.00 $ 163,012.79 $107,367.64 $ 95,783.76 $313,719.26

605,503.43

38,352.25 114,291.07

2,690.00

3,650.00

Continuing Educ. Center Agric. Exp. Stations Agric. Ext. Service Ga Institute of Technology Engineering Exp. Station Engineering Ext. Division Medical College of Georgia

302,050.43
737,660.55 408,773.53 131,926.11

719,575.24 113,330.25

358,428.52

120,222.51
17,362.82 562.00

139,017.81 50,204.63 71,270.44 9,958.21
238,069.48

Eugene Talmadge Memorial

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

73,143.42 71,158.95 80,516.74 52,262.18

3,677.82 8,851.00 4,403.94 3,160.20

11,026.15 21,932.75 34,059.88 10,902.80

7,465.50 11,591.50 12,069.77
8,250.10

800.00 61.57

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

29,484.03 32,522.00 26,048.71 31,561.50 33,322.36

800.00 1,308.02
968.21 3,220.00
794.30

1,714.95 4,290.90
3,157.93

3,890.20 4,765.12 4,436.14 5,086.50 2,667.74

21,225.00

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

38,817.25 69,193.40 76,541.48

847.36 5,867.57 5,442.87

11,642.80 21,889.63 20,014.84

7,070.93 8,625.36 12,885.88

4,852.82

General and Other Central Office Soil Conservation Committee

TOTALS

$3.505.178.07 $1.073.611.82 $720.719.86 $325.425.83 $852.829.22

20

OF GEORGIA
AND GENERAL INCOME June 30, 1955

Governmental Other Than State Allotment

Sales and
Services

Other

Total Internal
Income

State Allotment

Adjustments

Total

In State

Income

Allotments() Received

$ 237,691.80
614,723.07 2,287,131.73
25,306.34 5,000.00

$ 85,065.81 24,998.12 18,824.01
658,903.10 13,675.36
124,329.39 1,435,628.82
32,088.02

$20,911.46 3,975.17
23,908.04 4,805.84
1,535.38

$1,728,244.52 793,460.04 320,874.44
1,436,552.02 2,351,011.72 2,136,292.49 1,445,587.03
564,772.94 409,180.99

$2,306,570.00 510,000.00 57,600.00
1,001,230.00 767,000.00
1,485,000.00 119,000.00 84,000.00 589,500.00

$180,048.76 34,677.92
15,148.73

$ 4,214,863.28 1,338,137.96 378,474.44 2,437,782.02 3,118,011.72 3,621,292.49 1,564,587.03 648,772.94 1,013,829.72

81,559.72 45,418.43

570.77 4,701.25

745.50 2,712.20 1,500.00
750.00

97,429.16 202,568.94 177,968.76
75,325.28

153,900.00 280,000.00 425,000.00 300,000.00 195,000.00

33,563.48 45,239.03
12,146.22

153,900.00 410,992.64 672,807.97 477,968.76 282,471.50

1,047.17
20,813.36 75,072.65 32,111.43

27,077.11

761.40 300.00 2,010.42

35,889.18 65,158.21 32,214.46 40,168.00 69,029.86

92,000.00 117,000.00
90,000.00 102,000.00 122,000.00

7,341.29 17,151.76
6,154.90

2,257.42 21,144.13
2,644.53

791.75 300.00 1,399.00

82,240.87 206,945.56 151,040.08

260,000.00 374,120.00 436,325.00

24,028.26

16.10

16.10

115,000.00 23,500.00

9,377.88

135,230.47 199,309.97 122,214.46 148,322.90 191;029.86
366,269.13 581,065.56 587,365.03
115,016.10 32,877.88

$3.425.875.70 $2.451.907.84 $66.422.26 $12.421.970.60 $10T005.745.00 $384.878.23 $22.812.593.83
() This column represents amounts payable on State Allotment at July 1, 1954. (*) Includes Grants from Counties totaling $774,484.27 for support of Agricultural
Extension Service, this source of income not being included in income statements for previous years.

21

Institution

Senior Units (White)

c

University of Georgia

Atlanta Division

Continuing Education Center

Agricultural Experiment Stations

Agricultural Extension Service

r

Georgia Institute of Technology

Engineering Experiment Station

Engineering Extension Division

Medical College of Georgia

Eugene Talmadge Memorial Hospital

North Georgia College

Georgia State College for Women

Georgia Teachers College

Valdosta State College

HI 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

TOTALS

WW

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL Year Ended

Administrative and General

Student Welfare

Plant Operations

$ 231,789.12 $132,893.09 $ 460,135.06

136,281.68 22,456.93

138,991.57

49,707.66

119,913.96

103,197.44

326,561.15 134,426.72

585,923.93

73,577.07
48,324.14 74,911.23 60,404.01 53,183.33

25,730.25 24,956.54 16,133.43
8,923.06

67,774.79
72,944.20 92,843.33 58,590.76 56,497.19

31,802.91 27,003.49 30,780.28 28,918.39 31,995.29

1,756.99 3,043.16 -3,237.00 5,477.02 2,572.05

22,675.59 19,031.72 24,608.93 24,214.02 21,510.82

63,061.09 78,468.32 89,180.28

10,777.87 13,801.48 25,373.99

43,599.92 84,641.95 106,714.74

114,910.27

$ 1.670.773.67 $431.559.58 $1.983.895.96

22

OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1955

Library

Activities Related

Instruction

To Instruction

Research

Extension

Total Expenditures

$241,078.99 $2,318,502.84 $

60,029.67

847,297.88

152,867.50

16,847.01

186,588.54 2,097,816.19

12,772.87
19,772.71 31,234.70 28,205.78 12,663.42

411,949.39
210,968.71 385,850.82 316,694.30 131,069.04

6,102.49 6,508.06 5,744.53 5,343.66 8,278.78

65,677.38 94,332.13 58,568.42 73,063.62 86,884.59

18,243.63 38,161.49 27,605.62

203,231.71 338,215.71 358,607.87

232,494.63
229,571.77 120,382.87

$ 310,550.45 11,688.22
1,947,846.63
1,325.69 1,593,348.13
175,558.62

$ 223,775.41 14,747.09
193,661.61
3,151,198.62
569,884.96 436.60

560.30

10,386.88

$ 3,918,724.% lj231j493.04 396,236.77 2,420,299.67 3,151,198.62 3,332,642.22 1,593,348.13 569,884.% 971,641.11 120,382.87 377^740.01 620^743.80 480*028.28 262^336.04

30,183.75

19,509.81 7,940.54

128,015.36 169,428.37 122,939.16 137,016.71 189,365.82

33,955.56

13,277.11 395.20

4,869.60 4,094.61

338,914.22 605,391.22 61lj972.31

29,126.74

114,910.27 29,126.74

$725,181.95 $8,151,598.10 $

646.588.58 $4,054,550.35 $4,229,632.47 $21,893,780.66

(*) Includes amount of $774,484.27 expended from County Funds for Agricultural Extension Service, this item not being included.

23

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF CURRENT AUXILIARY INCOME For Year Ended June 30, 1955

Dormitories

Dining Halls

Student Centers & Bookstore

Apartments

Other

Total

Senior Units (White) University of Georgia Atlanta Division Oa. Institute of Technology Medical College of Georgia North Georgia College Ga. State College for Women Georgia Teachers College Valdosta State College

$ 392,890.99
377,3%.06
63,546.05 72,102.91 55,053.62 22,104.75

$ 398,449.71
738,156.51
163,957.31 169,014.67 160,419.03 61,939.17

$ 384,682.32 191,476.51 643,846.89 39,687.27 96,636.32 27,552.06 46,867.82 14,973.80

$
320,199.14
18,571.91 19,953.50 6,586.75

$ 70,230.44 53,515.19
115,644.06
2,917.35 29,957.53 17,052.26
4,552.75

$1,246,253.46 244,991.70
2,195,242.66 39,687.27
345,628.94 318,580.67 285,979.48 103,570.47

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

25,921.98 28,211.79 22,253.98 26,779.93 31,084.78

73,995.42 76,407.12 61,858.00 69,019.87 93,680.52

19,882.01 15,647.37 20,127.27 11,840.42 13,726.55

1,555.67 2,867.05 6,603.90 5,062.40 3,914.94

130.00 4,257.00
2,447.95 1,820.00

121,505.08 127,390.33 110,843.15 115,150.57 144,226.79

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

25,443.22 56,133.27 33.609.44

61,523.68 145,005.59
94.024.36

18,719.19 26,148.90 46.689.99

6,117.20 10.489.41

11,031.85 9.686.13

105,686.09 244,436.81 194.499.33

TOTALS

$1,232,532.77 $2,367,450.% $1,618,504.69 $401,921.87 $323,262.51 $5,943,672.80

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF CURRENT AUXILIARY EXPENDITURES For Year Ended June 30, 1955

Dormitories

Dining Halls

Student Centers & Bookstore

Apartments

Other

Total

Senior Units (White) University of Georgia Atlanta Division Ga. Institute of Technology Medical College of Georgia North Georgia College Ga. State College for Women Georgia Teachers College Valdosta State College

$ 275,097.28 $ 350,560.45 $ 410,537.39 $

$ 85,777.81 $1,121,972.93

170,782.38

15,600.69

186,383.07

222,200.26

620,933.62

546,575.91 167,627.72 127,%0.40 1,685,297.91

40,054.44

40,054.44

60,549.15

169,3%.04

104,962.96 15,202.67

6,679.79

356,790.61

82,577.30

172,138.95

30,956.34 15,544.53 30,928.49

332,145.61

55,782.71

123,102.30

47,566.20 10,330.28

7,534.75

244,316.24

23,936.04

53,429.31

14,545.49

2,824.63

94,735.47

Junior Units (White) Georgia Southwestern College West Georgia College Middle Georgia College Sonth Georgia College

28,320.40 25,120.93 20,280.93 36,140.24 25,310.85

59,884.50 71,711.51 52,551.31 64,685.12 86,075.30

20,984.26 14,812.18 19,969.51 13,180.92 14,513.06

2,461.41 4,144.39 6,527.09 5,433.% 4,461.34

4,533.07 2,327.33
707.60

116,183.64 118,116.34
99,328.84 120,147.84 130,360.55

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

27,042.66 69,5%. 17 30.026.83

60,887.86 142,112.79 100.975.99

20,903.44 27,761.72 51.488.42

5,743.10 14.199.91

57.29 9,042.24 9.782.43

108,891.25 254,256.02 206.473.58

TOTALS

$ 981.981.75 $2,128,445.05 $1,549,594.62 $251,676.40 $303,756.52 $5,215,454.34

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF SURPLUS June 30, 1955

Educational and General

Surplus, July 1, 1954

Additions:

Excess Income over Expenditures

Current Income Realized

Deduct: Decrease in Accounts

Receivable

$418,288.00

Increase in Unearned

Income

259.347,69

Current Income Earned

Deduct: Current Expenditures

Cash Expenditures

Add: Increase in Accounts

Payable

Current Expenditures

Decrease in Surplus Reserves

Transfer from other Funds

Surplus July 1, 1954, plus additions

Deductions:

Transfer to Plant Funds

Transfer to Other Funds

Decrease in Regents Allotment Account

Surplus Adjustments

$22,812,593.83
677.635.69 $21,893,780.66
113.488.64

$22,134,958.14
22.007.269.30
$ 319,799.52 11,027.74 3,282.06 1.009.72

$1,485,982.86
127,688.84 15,552.04 3.990.18
$1,633,213.92 335.119.04

Educational and General Surplus, June 30, 1955

$1.298.094.88

Auxiliary Enterprises Surplus, July 1, 1954

$ 979,688.56

Excess Income over Expenditures

Current Income Realized

Deduct: Decrease in Accounts

Receivable

$ 7,169.80

Increase in Unearned

Inc (me

112.458.39

Current Income Earned

Deduct: Current Expenditures

Cash Expenditures

Deduct: Decrease in Accounts

Payable

$ 47,952.60

Increase in Inventories 59.198.-21

Surplus July 1, 1954, plus additions

Deductions:

Transfer to Replacement Reserve

Debt Service Requirements

Increase in Surplus Reserves

Transfer to Plant Funds

Transfer to Other Funds

$ 5,943,672.80 119.628.19
$ 5,215,454.34 _____97.150.81

$ 5,824,044.61
5.118.303.53
$ 214,311.79 308,190.05 59,198.21 463,898.48 64.551.43

705.741.08 1.110.149.%

Auxiliary Enterprise Surplus, June 30, 1955

$ 575.279.68

26

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF INCOME FOR STUDENT AID For Year Ended June 30, 1954

Senior Units (White) University of Georgia Georgia Institute of Technology Georgia State College for Women
Junior Units (White) Abraham Baldwin Agricultural College
Senior Units (Negro) Fort Valley State College
Other Activities Graduate Scholarships for Negroes Southern Regional Education Board
TOTALS

Endowment

Gifts & Grants

State Allotment

Total

$19,834.73 $ 60,143.58 $ 14,597.55 201,300.35

7,018.25

2,250.00

$ 79,978.31 215,897.90 9,268.25

2,720.00 3,300.00

2,720.00 3,300.00

210,000.00 210,000.00 38.500.00 38.500.00
$41,450.53 $269,713.93 $248,500.00 $559,664.46

STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30, 1954

Senior Units (White) University of Georgia Georgia Institute of Technology Georgia State College for Women
Junior Units (White) Abraham Baldwin Agricultural College
Senior Units (Negro) Fort Valley State College
Other Activities Graduate Scholarships for Negoroes Southern Regional Education Board
TOTALS

Fellowships Scholarships

Other

Total

$ 34,034.92

$ 81,087.07 144,034.34 10,006.00

$ 1,408.91 $ 82,495.98 15.00 178,084.26 10,006.00

2,720.00

2,720.00

3,300.00

3,300.00

$34,034.92

208,217.90 38.500.00
$449,365.31 $39,923.91

208,217.90 38.500.00
$523,324.14

27

UNIVERSITY SYSTEM STATEMENT OF PLANT
For Year Jnded

Senior Units (White) University of Georgia Atlanta Division Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Medical College o f `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 Building Authority Rentals Architectaral Fees Insurance and Hazard Reserve Fund
TOTALS

_________________________ PLANT ADDITIONS

Buildings and

Improvements Other

Land

Additions to Bldgs, Than Buildings

:

$

42,985.62

260.61

55,697.28

822,192.97 $ 1,087.24
134,557.44 802,746.28 120,473.59
61,142.19 23,269.46 52,169.75
7,412.25

3,962.94 5,462.50 66,940.83 7,269.42 2,280.58

4,354.54 7,708.05 2,450.97 5,883.71 8,022.50
14,152.71 4,142.09 10,022.93

74.20 2,019.68
17,331.65 1,436.66 1,990.26

$98.943.51 S

2.081.788.67 1

108.768.74 I

28

OP (BORGIA FUND EXPENDITURES Jane 30, 1955

Indebtedness Interest on

Other

Building Authority

Equipment

Retired

Indebtedness Expenditures______Rentals____________ Total

$ 15,528.36 $ 60,843.38 $ 29,162.60 $ 63,379.43 $ 39,5%. 08

6,479.12

4,850.58

51,078.68 597.80
7,728.35 2,600.98 2,615.09

122,349.76
987.60 3,994.47

60,298.86
1,002.15 3,411.06

16,478.90 3,274.80
2,361.04

$ 995,069.68 83,668.94 151,610.25
802,746.28 493,317.90
61,739.99 43,531.78 62,176.26 12,307.92
2,361.04

12,810.21 3,308.91 1,135.48
13,298.71 16,564.%

784.69 1,336.16

10,216.06
405.07 680.84

4,428.74 32,754.00
2.450.97 9,192.62 9.157.98
44,783.07 23,333.47 14,030.21

1,750.00 325,518.83

1,621,440.06

lt621,140,06 1,750.00
325,518.83

8173.342.73 3 190.2%.Q6 3 94.960.58 *<27.829.64 *

1621.140.06 *4.797.069.99

29

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUND INCOME For Year Ended June 30, 1955

Senior Units (White) University of Georgia Atlanta Division Agrie. Experiment Stations Agrie. Extension Service Georgia Institute of Technology
Junior Units (White) South Georgia College
Abraham Baldwin Agrie. College
Senior Units (Negro) Savannah State College
General and Other University System Bldg. Authority
TOTALS

State Allotment

Gifts Grants

Governmental

Other Than

Sale of

State Allotment Plant Assets

Other

Total

$

$622,159.41 $

316,216.26

7,574.03 170,455.73 23,190.00

$ 83,332.37

606.00 $62,971.61 $ 685,737.02

101.00 15,753.65

7,574.03 486,671.99 122,377.02

35,000.00

730.40

1,050.00 1,285.48

2,335.48 35,730.40

6,117.00

6,117.00

1.621.140.06 $1.978.473.32 $824.109.57 $

1.621.140.06 83.332.37 $ 1.757.00 $80.010.74 $2.967.683.00

R E G E N T S A L L O T M E N T ACC G ENER AL ACT I V I T

NT ES

AND

FINANCIAL REPORT

For the Year Ended Jane 30, 1955

31

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES

BALANCE SHEET JUNE 30, 1955

ASSETS

I. CURRENT FUNDS A. General Operating Fund Cash

$ 27,848.98

B. Regents Allotment Account Cash
TOTAL CURRENT FUNDS
II. PLANT FUNDS Cash Temporary Investments TOTAL PLANT FUNDS

311.031.11 $338,880.09

$264,957.07 300.000.00

564.957.07

TOTAL ASSETS

$903.837.16

LIABILITIES
I. CURRENT FUNDS A. General Operating Funds Unappropriated Surplus Central Office Sell Conservation Committee Graduate Scholarships TOTAL GENERAL OPERATING FUNDS
B. REGENTS ALLOTMENT ACCOUNT Unappropriated Surplus
TOTAL CURRENT FUNDS
II. P U N T FUNDS Reserve 1er Insurance and Hasard Fund Fand Balance TOTAL PLANT FUNDS
TGEIL LIABILITIES

$18,879.93 6,700.40 2.268.65

$ 27,848.98

311.031*. 11 $338,680.09

$326,909.19 238.047.88

564.957.07

$903.837.16

32

REGENTS ALLOTMENT ACCOUNT STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS
FOR YEAR ENDED JUNE 30, 1955

Educational & General Operations

Plant Additions &
Improvements

Other Purposes

Total

Senior Units (White) University of Georgia Atlanta Division Agric. Extension Service Agric. Experiment Stations Continuing Education Center Georgia Institute of Technology Engineering Experiment Station Engineering Extension Division Medical College of Georgia Eugene Talmadge Memorial Hospital North Georgia College Ga. State College for Women Georgia Teachers College Valdosta State College

$ 2,306,570.00 510,000.00 767,000.00
1,001,230.00 57,600.00
1,485,000.00 119,000.00 84,000.00 589,500.00 153,900.00 280,000.00 425,000.00 300,000.00 195,000.00

$ 316,216.26

$ 8,000.00

$ 2,314,570.00 510,000.00
1,083,216.26 1,001,230.00
57,600.00 1,485,000.00
119,000.00 84,000.00
589,500.00 153,900.00 280,000.00 425,000.00 300,000.00 195,000.00

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

92,000.00 117,000.00
90,000.00 102,000.00 122,000.00

35,000.00

92,000.00 117,000.00
90,000.00 102,000.00 157,000.00

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

260,000.00 374,120.00 436,325.00

6,117.00

260,000.00 374,120.00 442,442.00

General Activities and Other Regents Central Office Graduate Scholarship for Negroes Southern Regional Education Board State Soil Conservation Committee University System Bldg. Authority TOTAL ALLOCATIONS

115,000.00
23,500.00 $10,005,745.00

210,000.00 38,500.00
1.621.140.06 $1,978,473.32 $256,500.00

115,000.00 210,000.00
38,500.00 23,500.00 1.621.140.06 $12,240,718.32

ADD: Allocations for previous year unpaid at June 30, 1954

384.878.23

384.878.23

TOTAL PAYMENTS ON ALLOCATIONS

$10.390.623.23 $1.978.473.32 $256.500.00 $12.625.396-55

33

GENERAL ACTIVITIES STATEMENT OF INCOME FOR YEAR ENDED JUNE 30, 1955
I. CURRENT INCOME A. EDUCATIONAL AND GENERAL Governmental - State of Georgia Regents Central Office State Soil Conservation Coimnittee Add: Amount Payable from Previous Year TOTAL GOVERNMENTAL
Miscellaneous Sources
TOTAL EDUCATIONAL AND GENERAL
B. OTHER INCOME Governmental - State of Georgia Graduate Scholarships for Negroes Southern Regional Education Board TOTAL INCOME FOR OTHER PURPOSES
TOTAL CURRENT INCOME
PLANT FUNDS Governmental - State of Georgia
University System Building Authority Rentals
Transfers From: Institutions for Insurance Fund USBA as Reimbursement for Architect Fees Institutions for Net Dormitory Rentals
TOTAL PLANT FUND RECEIPTS
TOTAL INCOME

$ 115,000.00

$ 23,500.00

9.377.88

32.877.88

$ 147,877.88

16.10

$ 147.893.98

$ 210,000.00 38.500.00
i. 248.500.00
396.393.98

$1,621,140.06

$329,725.60 10,557.00 60.561.25

400.843.85

$2,021,983.91

$2,017,534.04

34

GENERAL ACTIVITIES STATEMENT OF EXPENDITURES FOR YEAR ENDED JUNE 30, 1955

______Object Classification________

Operating

Personal

Supplies &

Total____ Services

Expenses Equipment

I. CURRENT EXPENDITURES A. EDUCATIONAL AND GENERAL Administrative and General Regents Central Office Extension Soil Conservation Committee
TOTAL EDUCATIONAL AND GENERAL
B. OTHER PURPOSES Graduate Scholarships for Negroes Sou. Regional Education Board
TOTAL FOR OTHER PURPOSES
TOTAL CURRENT EXPENDITURES
II. PLANT FUNDS Architectural Fees University System Bldg. Auth. Rentals Fire & Extended Coverage Insurance Fire Losses
TOTAL PLANT EXPENDITURES
TOTAL EXPENDITURES

$ 114,910.27 $ 91,733.17 $ 22,173.28 $1,003.82

29.126.74 20.418.63

8.708.11

$ 144.037.01 $112.151.80 $ 30.881.39 $1.003.82

$ 208,217.90 $ 38.500.00

$208,217.90 $ 38.500.00

$ 246.717.90 $

$246.717.90 $

L . 390.754.91 $112.151.80 $277.599.29 $1.003.82

$ 1,750.00 1,621,140.06 324,694.45 824.38
$1.948.408.89
$2.339.163.80

35

REGENTS ALLOTMENT ACCOUNT SUMMARY OF RECEIPTS AND DISBURSEMENTS
FOR YEAR ENDED JUNE 30, 1955
RECEIPTS: State Appropriation, General Appropriation Act of 1953 Section 9 - For the cost of operating the State Board of Regents; for aid to the University System; for experimental purposes; for the cost of use and/or acquiring additions to plant and equipment for the University System
For annual payment to University of Georgia for old bank stock item
For cost of operating the State Soil Conservation Committee
Less: Budget Balancing Reduction of 6% per Executive Order of the Governor
State Appropriation Provided by Appropriation Act
State Appropriation - Special Budget Balancing Appropriations For development of Rock Eagle Project For increased aid for indigent patients at Medical College of Georgia For Poultry Husbandry Program - University of Georgia For Forestry Program - University of Georgia For Pink Boll Worm Project - University of Georgia For Nursing Education Program - University of Georgia and Medical College of Georgia For Eugene Talmadge Memorial Hospital - Medical College of Georgia
Total Special Appropriations
TOTAL RECEIPTS
DISBURSEMENTS: Payment on Allotments for Education and General Operations Payment on Allotments for Plant Additions and Improvements Payment on Allotments for Other Purposes
TOTAL DISBURSEMENTS
EXCESS OF DISBURSEMENTS OYER RECEIPTS
CASH BALANCE JULY 1, 1954
CASH BALANCE JUNE 30, 1955

$12,200,000.00
8,000.00
_____25.000.00 $12,233,000.00
733.980.00 $11,499,020.00
$ 316,216.26 37.500.00 63.500.00 100,0 0 0 .0 0 15,000.00 81.200.00
125.000.00 738.416.26
$12,237,436.26
$10,390,623.23 1,978,473.32 256.500.00

36

GENERAL ACTIVITIES STATEMENT OF CHANGES IN CASH BALANCES
FOR YEAR ENDED JUNE 30, 1955

CURRENT FUNDS Regents Allotment Account Regents Central Office State Soil Conservation Committee Graduate Scholarships for Negroes Southern Regional Education Board TOTAL CURRENT FUNDS
PLANT FUNDS Building Authority Rentals Dormitory Rentals Insurance & Hazard Reserve Fund Architectural Fees TOTAL PLANT FUNDS
TOTALS

Cash Balance Julv 1. 1954

Receipts

Cash Balance Disbursements June 30. 1955

$ 699,191.40 18,774.10 2,949.26 486.55
$ 721.401.31

$12,237,436.26 115,016.10 32,877.88 210,000.00 38.500.00
$12,633,830.24

$12,625,596.55 114,910.27 29,126.74 208,217.90 38.500.00
$13,016,351.46

$ 311,031.11 18,879.93 6,700.40 2,268.65
$ 338.880.09

$ 30,807.76
322,702.42 137.871.87 $ 491.382.05

$ 1,621,140.06 60,561.25
329,725.60 10.557.00
$ 2.021.983.91

$ 1,621,140.06
325,518.83 1.750.00
$ 1.948.408.89

$ 91,369.01
326,909.19 146.678.87 $ 564.957.07

$1,212,783.36 $14,655,814.15 $14.964.760.35 $ 903.837.16

BANK BALANCES
Fulton National Bank, Atlanta, Georgia Citizens and Southern National Bank, Atlanta, Georgia Trust Company of Georgia, Atlanta, Georgia
TOTAL BANK BALANCES
Temporary Investments
TOTAL BALANCE JUNE 30, 1955

$ 436,009.71 165,558.80 2.268.65
$ 603,837.16
300.000.00
$ 903.837.16

37

THE

U N I V E R S I T Y 0 F GEORGIA
FINANCIAL REPORT

For the Year Ended June 30, 1955

The University of Georgia Athens, Georgia
39

UNIVERSITY OF GEORGIA

The University of Georgia Athens, Georgia

Office of the Comptroller

President 0. C. Aderhold The University of Georgia Athens, Georgia

Dear President Aderhold:

I am submitting herewith my annual report as Comptroller and

Treasurer of the University of Georgia, for the fiscal year ending

June 30, 1955, 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 Current Income..........................

Schedule B-l

Summary of Expenditures..... .......... ..............

Schedule C

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

Schedule C-l

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

Sunary of Trust Fund Investments....................

Schedule E-2

Detail of Endowment Funds, Bonds............

Schedule E-2-1

Detail of Endowment Funds, CommonStock............... Schedule E-2-2

Detail of Loan Funds, Bonds.......................... Schedule E-2-3

Detail of Loan Funds, Conon Stock........

Schedule E-2-4

Statement of Receipts & Disbursements, Trust Funds....

Schedule E-3

40

UNIVERSITY OF GEORGIA

President 0. C. Aderhold

Statement of Changes in Cash Balances.......... ...... Statement of Agency Funds............................ Statement of Unexpended Plant Funds................... Statement of Operations of Plant Funds................ Summary of Investment in Plant....................... Statement of Investment in Plant...... ...............
PART III Agricultural Extension Service Balance Sheet........................................ Statement of Current Incomes......................... Statement of Current Expenses........................ Statement of Operations of Restricted Funds........... Statement of Agency Funds............................ Statement of Changes in Cash Balances..... ........... Statement of Operations of Unexpended Plant Funds..... Statement of Investment in Plant........ .............
PART IV Atlanta Division Balance Sheet........................................ Statement of Current Income.......................... Statement of Current Expenditures............ Statement of Changes in Cash Balances................. Statement of Agency Funds............. Statement of Unexpended Plant Funds.................. Summary of Investment in Plant....................... Statement of Investment in Plant.....................

Schedule F Schedule G Schedule H Schedule H-l Schedule H-2 Schedule Ht3
Schedule I Schedule J Schedule K Schedule L Schedule M Schedule N Schedule N-l Schedule N-2
Schedule 0 Schedule P Schedule Q Schedule R Schedule S Schedule T Schedule U Schedule U-l

41

UNIVERSITY OF GEORGIA

President 0. C. Aderhold

PART V Experiment Station - General Balance Sheet....... ...... .......................... Statement of Current Income................ Statement of Current Expenditures.................... Statement of Changes in Cash Balances........... Statement of Operations of Restricted Funds.........

Schedule V Schedule W Schedule X Schedule Y Schedule Z

PART VI Branch Experiment Station Balance Sheet........................................ Statement of Current Income.................. Statement of Current Expenditures.................... Statement of Changes in Cash Balances................ Statement of Operations of Restricted Funds......... Statement of Unexpended Plant Funds.................. Statement of Investment in Plant.....................

Schedule AA Schedule BB Schedule CC Schedule DD Schedule EE Schedule EE-1 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

42

UNIVERSITY OF GEORGIA

President 0. C. Aderhold

PART VIII Georgia Experiment Station

Balance Sheet.................... ................ . Statement of Current Income.......................... Statement of Current Expenditures.................... Statement of Operations of RestrictedFunds........... Statement of Agency Funds............................ Statement of Changes in Cash Balances................ Statement of Unexpended Plant Funds...... Summary of Investment in Plant....................... Statement of Investment in Plant................. .

Schedule LL Schedule MM Schedule NN Schedule 00 Schedule PP Schedule QQ Schedule RR Schedule RR-1 Schedule RR-2

PART IX Coastal Plain Experiment Station Balance Sheet........................................ Statement of Current Income.................... Statement of Current Expenditures.................... Statement of Operation of RestrictedFunds............ Statement of Changes in Cash Balances................ Statement of Unexpended Plant Funds... .............. Statement of Investment in Plant.....................

Schedule SS Schedule TT Schedule UU Schedule VV Schedule WW Schedule XX Schedule XX-1

Dated at Athens, Georgia November 15, 1955
43

UNIVERSITY CF GEORGIA
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; Continuing Edu cation, Athens, Georgia; Atlanta Division of the University of Georgia, Atlanta, Georgia; Agricultural Extension Service, Athens, Georgia; Experiment Stations - General, Athens, Georgia; Branch Experiment Stations, 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 I Consolidated - All Units Part II University of Georgia - Including Continuing
Education 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
44

UNIVERSITY OF GEORGIA

CONSOLIDATED

INCOME

The following summary gives the source of income and the

percentage of each item to the total for Educational and General purposes

only.

Source

1953-54

Amount

Percent

1954-55

Amount

Percent

Student Fees State Allotment Fed. Appropriations Other Public Approp.
Endowment Gifts & Grants Sales & Services Other

$ 1,979,901.44 4,295,104.50 1,806,817.63 846,976.67 31,758.99 812,262.19 821,382.32 60.429.01

18.58 40.31 16.96
7.95 .30
7.62 7.71
.57

$ 2,152,567.38 4,903,661.42 2,199,481.88 863,529.98 34,487.21 498,454.49 757,644.27 69.206.43

18.75 42.72 19.16
7.52 .30
4.34 6.60
.61

TOTALS

$10,654,632.75 100.00 $11,479,033.06 100.00

EXPENSES

The following is a statement of Educational and General expendi

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

Function

1953-54

Amount

Percent

1954-55

Amount

Percent

Administration Student Welfare Physical Plant Libraries Instruction-Resident Research Services Related to
Instr. & Research Extension

$ 504,297.71 138,319.22 667,946.31 341,936.08
3,058,046.91 2,131,147.81
335,654.26 3.136.080.43

4.89 1.34 6.48 3.32 29.65 20.66

$ 537,692.42 155,350.02 702,324.07 317,955.67
3,318,668.22 2,255,085.30

3.25 30.41

471,017.13 3.343.678.56

4.84 1.40 6.33 2.86 29.89 20.31
4.24 30.13

TOTALS

$10,313,428.73 100.00 $11,101,771.39 100.00

45

UNIVERSITY OF GEORGIA

The following table is a comparison of the preceding expenditures,

expressed in percentages to the total.

Function

Percent 1951-52

Percent 1952-53

Percent 1953-54

Percent 1954-55

Administration and General Student Welfare Plant Operations Library Instruction Research Extension Outlay
TOTALS

6.87 3.21 11.74 7.25 57.33 5.33 6.01 2.26
100.00

6.51 3.15 11.72 6.72 56.20 6.27 5.78 3.65
100.00

6.10 3.02 12.27 6.25 54.18 8.61 5.78 3.79
100.00

5.86 3.22 11.64 6.03 56.43 7.39 5.59 3.84
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 Sumner 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 Colleae
1. Agriculture 2. Arts & Science 3. Business Administration 4. Education 5. Forestry 6. Graduate 7. Home Economics 8. Journalism 9. Law 10. Military 11. Pharmacy 12. Vet. Medicine (Net)

1951-52

1952-53

1953-54

1954-55

$ 215,400 646,494 110,601 298,117 35,766 45,309 77,635 29,807 59,222 6,631 43,802 167.930

$ 229,981 705,259 116,764 317,208 39,552 49,065 83,350 32,566 63,652 7,357 49,228 200.199

$ 218,831 768,465 124,469 327,376 36,633 79,194 82,621 32,603 55,130 7,072 46,445 194.868

$ 222,516 802,288 123,030 327,217 95,968 69,490 89,555 37,914 60,331 8,470 52,704 221.483

TOTALS

$1,736,714 $1,894,181 $1,973,707 $2.110.966

46

UNIVERSITY OF GEORGIA

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 Colleae
1. Agriculture 2. Arts & Sciences
3. Business Administration 4. Education 5. Forestry
6 . Home Economics
7. Journalism 8. Law 9. Military 10. Pharmacy 11. Veterinary Medicine
TOTALS

1951-52
18,437 91,802 26,316 23,657
3,212 6,356 4,293 5,803
4,501 10.735
195.112

1952-53
17,224 93,283 25,276 22,000
2,906 6,148 4,100 3,834
3,886 12.653
191.310

1953-54
14,900 101,230
25,687 23,963
2,786 5,961 3,796 3,521 7,351 4,078 13.033
206.306

1954-55
14,189 116,584
28,584 25,208
3,130 6,440 4,389 3,107 6,466 4^632 13.558
226.287

The following table is a comparison of cost per student quarter hour by

Schools and Colleges for a four-year period.

School or Colleae

1951-52

1952-53

1953-54

1954-55

1. Agriculture 2. Arts & Science 3. Business Administration 4. Education 5. Forestry 6. Home Economics 7. Journalism 8. Law 9. Military 10. Pharmacy 11. Veterinary Medicine
TOTAL. AVERAGE

11.68 7.04 4.20 12.60 11.13 12.21 6.94 10.21
9.73 15.64
8.90

13.35 7.56 4.62 14.42 13.61 13.56 7.94 16.60
12.67 15.82
9.90

14.69 7.59 4.85
13.66 13.15 13.86 8.59 15.66
.% 11.39 14.95
9.57

15.68 6.88 4.30 12.98 30.66 13.91 8.64 19.42 1.31 11.38 16.34
9.33

47

UNIVERSITY OF GEORGIA

AUXILIARY ENTERPRISES

INCOME AND EXPENSES

Details of income from Auxiliary Enterprises in the amount of $1,246,253.46,

are shown in Schedule B-3. The details of expenses amounting to $1,121,972.93, are

shown in Sechedule C-3.

The Balance Sheet, Schedule A, reflects reserve for repairs and replacements

of $102,439.34.

CONTINUING EDUCATION AND CORRESPONDENCE

The following summary is a comparison of the operations of Continuing Edu

cation and Correspondence for the past four years.

CM in i

INCOME

1951

1952-53

19531-54

19541-55

Amount Percent Amount Percent Amount Percent Amount Percent

Student Fees State Allotment Gifts
TOTALS

300,053 91.37 290,488 91.59 280,654 55.30 320,874 84.78 28,338 8.63 26,662 8.41 121,600 23.95 57,600 15.22 105.300 20.75
328.391 100.00 317.150 100.00 507.554 100.00 378.474 100.00

EXPENSES

Administration & General Plant Operations Instruction Servics Related to Instr. Extension

30,988 1,362
141,983 31,705 101.060

10.09 .44
46.24 10.32 32.91

30,182 1,220
156,712 50,195 87.213

9.27 .37
48.14 15.43 26.79

24,021 1,447
172,997 42,897 89.924

7.25 .44
52.22 12.95 27.14

49,708 152,868 193.662

12.54 38.58 48.88

TOTALS

307.098 100.00 325.522 100.00 331.286 100.00 3 % . 238 100.00

AGRICULTURAL EXTENSION SERVICE The following is a summary of income and percentages of income to total for three years.

48

UNIVERSITY OF GEORGIA

INCOME

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

Source

1952-53 Amount Percent

1953-54 Amount Percent

1954-55 Amount Percent

Student Fees Endowment Federal State State Dept. Health Other States Vocational Clarke County Other Counties Gifts & Grants Sales & Services Rents Other Veterans Guidance

$1,055,231 18,134 76,018
2,111,399 5,991 2,675
60,099 71,036
3,742 257,233
89,997 1,152
14,776 1.435

28.00 .48
2.02 56.02
.16 .07 1,59 1.88 .10 6.83 2.39 .03 .39 .04

$1,057,372 31,759 78,651
1,996,694 6,407 3,200
52,423 79,848
1,000 500,355
91,530 965
12,090 1.343

27.03 .81
2.01 51.02
.16 .08 1.34 2.04 .03 12.78 2.34 .02 .31 .03

$1,070,856 34,487 106,621
2,486,619 3,186 8,900
43,349 74,062
1,574 279,232
85,066 895
13,779 4.372

25.42 .82
2.53 59.02
.08 .21 1.03 1.76 .04 6.63 2.01 .02 .33 .10

TOTALS

$3,768,918 100.00 $3,913,637 100.00 $4,212,998 100.00

EXPENSES

The following table presents a comparison of expenditures for Educational

and General purposes for four years.

Function
Administration & General Student Welfare Plant Operations Library Instruction Research Extension
SUB-TOTALS
Outlay
TOTALS

1951-52

1952-53

1953-54

1954-S5

$ 224,926 105,034 384,287 237,242
1,877,132 174,674 196.636

$ 235,479 113,801 424,149 242,994
2,033,181 226,787 209.278

$ 234,178 116,949 471,598 239,942
2,081,487 330,640 222.089

$ 230,041 125,992 456,263 236,413
2,211,195 289,629 218.878

$3,199,931 $3,485,669 $3,695,883 $3,768,411

73.988

132.140

145.624

150.313

$3,273,919 $3,617,809 $3,841,507 $3,918,724

49

Source
State of Georgia Clarke County County Cooperation Federal Grants Gifts & Grants Other
TOTALS

UNIVERSITY OF GEORGIA

1952-53 Amount Percent

1953-54 Amount Percent

1954-55 Amount Percent

$ 750,000 4,510
668,425 1,259,591
39,5% 14.702

27.40 .17
24.42 46.02
1.45 .54

$ 738,267 5,330
723,203 1,260,805
52,975 11.303

26.44 .19
25.90 45.16
1.90 .41

$ 767,000 4,510
774,484 1,508,137
50,205 13.675

24.60 .14
24.84 48.37
1.61 .44

$2,736,824 100.00 $2,791,883 100.00 $3,118,011 100.00

A comparison of expense, by objects of expenditures, is presented below in

amounts and percentages.

Object

1952-53 Amount Percent

1953-54 Amount Percent

1954-55 Amount Percent

Salaries & Wages

$2,256,409

Travel

310,058

Operating Supplies & Expenses

90,579

Equipment

13.725

84.49 11.61 3.39
.51

$2,317,562 324,301 138,190 28.955

82.50 11.55 4.92
1.03

$2,639,630 358,495 136,790 16.284

83.77 11.37
4.34 .52

TOTALS

$2,670,771 100.00 $2,809,008 100.00 $3,151,199 100.00

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.

Project

Federal Funds

Offset Funds

Funds Not Used As Offset

Total Expenditures

1 Administration 2 Publications 3 County Agent Work 4 Home Demonstration Work 4a Home Improvement 4b Nutrition 4c Textiles & Clothing 4d Food Preservation 4e Child Development 4f Home Industries 4i Health 5 Negro County Agent Work 5a Negro Home Demonstration 6 4-H Club Work 7 Economics & Marketing 7a Research & Marketing 7c Egg Marketing
T.V.A. & Cow Testing
8a Beef Cattle & Sheep

$ 31,783.82 $ 7,314.25 $ 2,832.% $ 41,931.03

64,835.67 24,559.12

1,158.00

90,552.79

686,920.20 339,011.12 398,860.42 1,424,791.74

240,447.07 252,252.36 239,077.57

731,777.00

4,837.40

2,603.37

7,440.77

9,525.16

2,895.83

12,420.99

4,424.40

1,401.61

5,826.01

4,865.93

770.35

5,636.28

4,935.81

2,383.13

7,318.94

4,872.25

2,419.66

7,291.91

6.00

6,799.63

6,805.63

133,071.70 64,099.27

197,170.97

78,500.67 42,752.14

267.28

121,520.09

56,%2.36 25,604.08

82,566.44

42,655.10 17,051.54

59,706.64

1,509.93

1,509.93

3,019.86

4,515.91

4,515.91

9,031.82

43,689.04

43,689.04

5,061.78

3,593.16

4,532.10

13,187.04

50

UNIVERSITY OF GEORGIA

No.

Project

8b Dairying 8c Poultry 8e Swine 9 Agronomy 10 Horticulture 11 Agricultural Engineering 11a Farm Housing 12 Forestry 14 Soil Conservation 17 Recreation 18 Wildlife Conservation 19 Bee Culture 20 Visual Aid (Restricted 21 Corn Meal Enrichment 22 Entomology 23 Field Service Training
Rock Eagle Operations

TOTALS

Federal Funds

Offset Funds

Funds Not Used As Offset

Total Expenditures

$ 19,103.04 $ 5,102.02 $

$ 24,205.06

10,837.25 27,011.07

37,848.32

7,972.32

3,097.72

11,070.04

33,095.47

9,571.81

7,074.78

49,742.06

10,668.19 15,039.21

25,707.40

18,262.29 11,057.67

29,319.%

3,355.38 1,995.00 5,470.22 1,161.28 7,850.60
6,037.54
$1,505,539.74

11,450.70

83.43

14,889.51

360.00

2,355.00

2,366.72

7,836.94

1,161.28

7,850.60

959.%

959.%

7,175.98

7,175.98

1,375.06

7,412.60

49,845.29

951.96

50,797.25

1.181.67

1.181.67

(1)

(2)

$937,813.73 $707,845.15 $3,,151.198.62

(1) Of this amount, $176,081.61, was disbursed by the various counties. (2) Of this amount, $598,402.66 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 Offset
FEDERAL FUNDS Smith-Lever & Bankhead-Jones Research & Marketing Clarke-McNary
TOTAL FEDERAL FUNDS

Total

To Be Offset

Non-Offset

$1,496,422.46 $926,098.73 $570,323.73 8.475.00 8,475.00 3.240.00 3.240.00
$1,508,137.46 $937,813.73 $570,323.73

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

$ 835,389.99 $761,732.12 $ 73,657.87 774.484.27 176.081.61 598.402.66
$1,609,874.26 $937,813.73 $672,060.53

51

UNIVERSITY OF GEORGIA

The following is a summary of expenditures by objects:

Object

Disbursed by Disbursed

University

By Counties

Total

Percent To Total

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

$1,869,302.63 358,495.28 2,048.11 15,5%.56 2,692.22 17,782.72 8,396.73 15,317.65 68,757.71 16,181.74 2.143.00

$774,484.27

$2,643,786.90 358,495.28 2,048.11 15,596.56 2,692.22 17,782.72 8,396.73 15,317.65 68,757.71 16,181.74 2.143.00

83.90 11.38
.06 .49 .09 .56 .27 .49 2.18 .51 .07

TOTALS

$2,376,714.35 $774,484.27 $3,151,198.62 100.00

52

THE

PAT I U N I V E R S I T Y OF
CONSOLIDATED

GEORGIA

53

UNIVERSITY OF GEORGIA

EXHIBIT A

CONSOLIDATED BALANCE SHEET June 30, 1955
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks Temporary Investments Accounts Receivable
TOTAL GENERAL

$ 416,335.39 430,000.00 45.165.98
$ 891,501.37

B. RESTRICTED Cash in Banks Temporary Investments Accounts Receivable TOTAL RESTRICTED

$ 244,478.52 176,299.33 36.762.31

457,540.16

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

$ 187,647.30 150,545.59 145,755.19 6.513.07

490.461.15

$ 1,839,502.68

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

$ 404,309.81 77,628.90 2.794.83

484,733.54

III.

ENDOWMENT FUNDS Cash on Hand and in Banks Investments
TOTAL ENDOWMENT FUNDS

$ 52,672.05 2.447.609.45

2,500,281.50

IV. LOAN FUNDS Cash in Banks Investments TOTAL LOAN FUNDS

$ 77,362.83 737.493.45

814,856.28

V. PLANT FUNDS A. UNEXPENDED Cash in Banks Temporary Investments
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment

$ 369,869.81 1.425.231.17 $ 1,795,100.98

$ 1,119,832.93 21,874,372.44 730,058.66 6.050.563.42

29.774.827.45

TOTAL PLANT FUNDS

31,569,928.43

54

UNIVERSITY OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1955
LIABILITIES
I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Accounts Payable Unearned Income Reserves Surplus TOTAL GENERAL
B. RESTRICTED
Fund Balances
C. AUXILIARY Unearned Income Accounts Payable Purchase Orders Outstanding Reserves for Repairs and Replacements TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS

$ 44,523.97 79,158.89
165,030.84 13,447.40
589.340.27

891,501.37

457,540.16

$ 22,232.42 962.86
4,762.27 462.503.60

490.461.15

$ 1,839,502.68

Fund Balances

III.

ENDOWMENT FUNDS Fund Balances Reserves
TOTAL ENDOWMENT FUNDS

IV. LOAN FUNDS Fund Balances Reserve TOTAL LOAN FUNDS

V. PLANT FUNDS A. UNEXPENDED

Fund Balances

B. EXPENDED Due to Other Funds Equity of University System Building Authority Investment in Plant

TOTAL PLANT FUNDS

484,733.54

$ 2,468,544.20 31.737.30

2,500,281.50

$ 778,970.72 35.885.56

814,856.28

$ 1,795,100.98

$ 999,502.85
5,540,398.79 23.234.925.81 29.774.827.45

31.569.928.43

55

ASSETS (CONTINUED) TOTAL ASSETS

UNIVERSITY OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30f 1955

$37.209.302.43

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $29,592,300.

56

UNIVERSITY CF GEORGIA CONSOLIDATED BALANCE SHEET
June 30, 1955
LIABILITIES (CONTINUED) TOTAL LIABILITIES AND SURPLUS

$37.209.302.43

57

EXHIBIT B

UNIVERSITY OF GEORGIA
CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL Student Fees Public Appropriations State - Regular Federal Other
TOTAL PUBLIC APPROPRIATIONS
Endowment Gifts and Grants Sales and Services Other
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY Dormitories Dining Halls Other
TOTAL AUXILIARY
C. STUDENT AID Endowment Gifts and Grants
TOTAL STUDENT AID
TOTAL CURRENT INCOME
D. PLANT FUNDS Sale of Property Gifts and Grants Other
TOTAL PLANT FUNDS
TOTAL INCOME
TRANSFERS
TOTAL RECEIPTS

$2,152,567.38
$4,903,661.42 2,199,481.88 863.529.98
7,966,673.28
34,487.21 498,454.49 757,644.27
69.206.43
$11,479,033.06

$ 392,890.99 398,449.71 699.904.46

1,491,245.16

$ 19,834.73 60.143.58
79,978.31
$13,050,256.53

$

606.00

622,159.41

82.386.61

705.152,02

$13,755,408.55

452.136.10

$14.207.544.65

58

FXHTRIT f

UNIVERSITY OF GEORGIA
CONSOLIDATED STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL Administration and General Student Welfare Physical Plant Libraries Instruction Research Services Related Extension
TOTAL EDUCATIONAL & GENERAL
B. AUXILIARY Dormitories and Dining Halls Other
TOTAL AUXILIARY
C. STUDENT AID Scholarships Awards
TOTAL STUDENT AID
D. PLANT FUNDS Additions Debt Service Other
TOTAL PLANT FUNDS
TOTAL EXPENSE
TRANSFERS
TOTAL DISBURSEMENTS

Salaries & Waaes

Operating Supplies & Expenses

Capital Outlay

Total

$ 369,906.46 $ 161,410.81 $ 6,375.15 $ 537,692.42

131,289.59

16,678.10

7,382.33

155,350.02

340,907.69

341,896.04

19,520.34

702,324.07

211,454.16

21,8%.91

84,604.60

317,955.67

3,027,733.52

175,039.03

115,895.67 3,318,668.22

l'491,575.47

564,458.37

199,051.46 2,255,085.30

237,878.65

216,306.81

16,831.67

471,017.13

2.792.578.06

528.158.41

22.942.09 3.343.678,56

$8.603.323.60 $2 .025.844.48 $ 472.603.31 11.101.771.39

$ 186,399.76 $ 439,712.46 $

95.109.45

555.605.36

281.509.21 $ 995.317.82 $

12,485.26 $ 638,597.48

20.235.38

670.950.19

32.720.64 1-309.547.67

$ 81,087.07 1.408.91
$ 82.495.98

$ 81,087.07 1.408.91
82.495.98

$

$1,879,034.87 $ 1,879,034.84

82,240.93

82,240.93

64.054.33

64.054.33

$ 146.295.26 1.879.034.84 2-025.330.10

8.884.832.81 3.249.953.54 2.384.358.79 14.519.145.14

$ 418.239.77

S14.937.384.91

59

UNIVERSITY OF GEORGIA

Schedule A

BALANCE SHEET June 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & in Bank Temporary Investments Accounts Receivable Veterans Administration U.S. Forestry Service Eastern Air Lines TOTAL GENERAL FUNDS

$ 5,370.04 430,000.00

$ 8,834.44 3,500.00 425.00

12.759.44 $ 448,129.48

B. RESTRICTED Cash in Banks Temporary Investments Accounts Receivable TOTAL RESTRICTED FUNDS

$ 89,986.98 176,299.33 19.197.93

285,484.24

C. AUXILIARY Cash in Bank Accounts Receivable Inventories
TOTAL AUXILIARY FUNDS

$ 124,933.45 4,500.58
108.398.84

237,832.87

D. CONTINUING EDUCATION Cash in Banks Accounts Receivable TOTAL CONTINUING EDUCATION FUNDS
TOTAL CURRENT FUNDS

$ 36,983.45 11.663.60

48.647.05 $ 1,020,093.64

II. AGENCY FUNDS Cash in Bank

365,872.08

III.

ENDOWMENT FUNDS Cash in Bank and on Hand Investments
Athens Fed. Savings & Loan Assn. U.S. Securities State Hospital Authority Bonds Univ. System Bldg. Authority Bonds Other Bonds Preferred & Common Stock Real Estate Owned Real Estate Notes Loans to Fraternities Univ. of Ga. Buildings Loss on Sale of Bonds to be Amortized
TOTAL INVESTMENTS

$ 52,672.05

$ 1,828.14 822,800.00 113,625.00 515,461.50 132,000.00 20,454.65 14,900.00 11,351.51 29,600.03 778,454.82 7.133.80

2.447.609.45

TOTAL ENDOWMENT FUNDS

2,500,281.50

62

UNIVERSITY OF GEORGIA
BALANCE SHEET June 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserve for Work in Process Reserve for Insurance Accounts Payable-Fire Insurance General Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balances

$ 33,045.17 78,166.50 5,011.40 8,436.00 78,143.62
245.326.79 $

448,129.48

285,484.24

C. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Inventories Reserve for Repairs & Replacements TOTAL AUXILIARY FUNDS
D. CONTINUING EDUCATION Purchase Orders Outstanding Surplus TOTAL CONTINUING EDUCATION FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances
III. ENDOWMENT FUNDS Fund Balances Reserve for Purposes of Trust
TOTAL ENDOWMENT FUNDS

$ 4,762.27 22,232.42
108,398.84 102,439.34

237,832.87

$ 3,695.59 44.951.46

48,647.05 $ 1,020,093.64

365,872.08

$ 2,468,544.20 31.737.30

2,500,281.50

63

UNIVERSITY OF GEORGIA

BALANCE SHEET June 30, 1955

ASSETS (CONTINUED)

IV. STUDENT LOAN FUNDS & MISCELLANEOUS FUNDS Cash in Banks and on Hand Investments Athens Fed. Savings & Loan Assn. U.S. Securities State Hospital Authority Bonds Univ. System Bldg. Auth. Bonds Common Stock Loans to Fraternities Loan - Catholic Student Center Univ. of Ga. Buildings H. H. Hinton Property North Georgia College-Loan Savannah State College-Loan Notes Receivable-Students TOTAL INVESTMENTS

$ 77,362.83

$

2,678.14

118,380.00

41,375.00

44,438.50

1.00

78,327.80

12,150.05

221,048.03

11,526.19

32,417.49

21,358.48

153.792.77

737.493.45

TOTAL STUDENT LOAN AND MISCELLANEOUS FUNDS

$ 814,856.28

V. PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary TOTAL UNEXPENDED

$

5,683.11

1.400.000.00

$ 1,405,683.11

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

$ 287,066.31 15,361,598.78 634,654.97 4.027.634.06

20.310.954.12

TOTAL PLANT FUNDS

21.716.637.23

TOTAL ASSETS

$26.417.740.73

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $20,814,900.

64

UNIVERSITY OF GEORGIA
BALANCE SHEET June 30, 1955
LIABILITIES (CONTINUED)
IV. STUDENT LOAN FUNDS AND MISCELLANEOUS FUNDS Fund Balances Reserve for Purposes of Trust
TOTAL STUDENT LOAN & MISCELLANEOUS FUNDS

$ 778,970.72 _____35,885.56
$ 814,856.28

V. PLANT FUNDS
A. EXPENDED
Fund Balances
B. EXPENDED Due to Univ. of Ga. Trust Funds Due to Georgia Medical College Equity of Univ. System Bldg. Auth. Invested in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$ 1,405,683.11

$ 994,762.60 4,740.25
3,729,013.81 15.582.437.46

20.310.954.12

21.716.637.23

$26.417.740.73

65

Schedule B

UNIVERSITY OF GEORGIA
SUMMARY OF INCOME For Year Ended June 30, 1955

Student Fees Public Approp.
State of Ga. Federal Other Endowment Gifts & Grants Sales & Services Dormitories Dining Halls Printing Shop Stores Other
TOTAL INCOME
TRANSFERS
TOTAL RECEIPTS

Continuing Education

Current Funds Educational Auxiliary And General Enterprises

Student Aid

Plant Funds

Total

$320,874.44 $1,070,856.19 $

$

$

$1,391,730.63

57,600.00

2,533,153.50 106,621.35 84,535.71 34,487.21 279,232.05 85,065.81

19.045.10

392,890.99 398,449.71
70,230.44 384,682.32

19,834.73 60,143.58

622,159.41 606.00
82.386.61

2,590,753.50 106,621.35 84,535.71 54,321.94 961,535.04 85,671.81 392,890.99 398,449.71 70,230.44 384,682.32 101.431.71

$378,474.44 $4,212,996.92 $1,246,253.46 $79,978.31 $705,152.02 $6,622,855.15

9.645.09

251.108.64

260.753.73

$378,474.44 $4,222,642.01 $1,246,253.46 $79,978.31 $956,260.66 $6,883,608.88

Schedule B-l

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

EDUCATIONAL AND 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
PUBLIC APPROPRIATIONS State of Georgia
Accounts Receivable 7-1-54
Regular Operations

General Income

Restricted Income

Total

$ 704,692.00 $ 163,012.79 2,729.00 12,774.48 9,171.00 12,786.49 94,581.15 5,160.00 7,373.00 46,247.63 5,750.00 6.578.65
$1,070,856.19 _$

$ 704,692.00 163,012.79 2,729.00 12,774.48 9,171.00 12,786.49 94,581.15 5,160.00 7,373.00 46,247.63 5,750.00 6.578.65
$1,070,856.19

$ 180,048.76 $

$

2,196,670.00 109,900.00 2,486,618.76

66

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL & GENERAL (CONTINUED)

PUBLIC APPROPRIATIONS (CONTINUED)

State of Georgia (Continued)

Vocational Funds

Dept, of Health - Mental Health

Other States

N.

C. - For Agric. Educ. Relations

Tennessee - For Agric. Educ. Relations

Mississippi - For Agric. Educ. Relations

United States

Morrill-Nelson Fund

U.

S. Public Health - Jost

U. S. Public Health - Brucellosis

U. S. Public Health - McGhee

U. S. Public Health - Metabolism

U. S. Public Health - Hamilton

Counties and Cities

Savannah Board of Education for Survey

Clarke County - Dem. School

TOTAL PUBLIC APPROPRIATIONS

ENDOWMENT Alumni Y.M.C.A. Alumni Library Denmark, B. A. & T. N. Bocock, W. H. E. T. Comer Franklin College Franklin, Mary J. Gilmer, George R. Magers, Edmund Landscrip Peabody, Geo. Foster - Law School Smith, 0. V. Terrell, William University of Georgj

TOTAL ENDOWMENT

GIFTS AND GRANTS FROM P|| All States Foundatik Annonymous Foundati! Atomic Energy - Savi Emory University Game & Fish Commiss General Education B General Education Ej Ga. Aberdeen Angus i. Ga. Hereford Assn. Georgia Power Corapa

General

Restricted

Income________ Income

Total

$

$ 43,349.17 $ 43,349.17

3,185.57

3,185.57

2,900.00 3.000. 00 3.000. 00

2,900.00 3.000. 00 3.000. 00

72,124.28 8,812.00 5,000.00 9.054.00 6,663.07 4.968.00

72,124.28 8,812.00 5,000.00 9.054.00 6,663.07 4.968.00

1,573.66 74.062.05

1,573.66 74.062.05

$2,376,718.76 $347,591.80 $2,724,310.56

$

$ 419.61 $

419.61

346,79

346.79

1,167.91

1,167.91

9.06

9.06

12,415.35

12,415.35

8,585.16

8,585.16

120.52

120.52

458.30

458.30

2.50

2.50

5,610.50

5,610.50

14.62

14.62

876.25

876.25

685.41

685.41

3.775.23

3.775.23

$ 34.487.21 $ 34.487.21

$ 5,000.00 $ 5,000.00
14,7%. 00 9,300.00 6,000.00
23,080.00 26,938.18
250.00 250.00 250.00

5,000.00 5,000.00 14,7%.00 9,300.00 6,000.00 23,080.00 26,938.18
250.00 250.00 250.00

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL & GENERAL (CONTINUED)

PUBLIC APPROPRIATIONS (CONTINUED)

State of Georgia (Continued)

Vocational Funds

Dept, of Health - Mental Health

Other States

N.

C. - For Agric. Educ. Relations

Tennessee - For Agric. Educ. Relations

Mississippi - For Agric. Educ. Relations

United States

Morri11-Nelson Fund

U. S. Public Health - Jost

U. S. Public Health - Brucellosis

U. S. Public Health - McGhee

U. S. Public Health - Metabolism

U. S. Public Health - Hamilton

Counties and Cities

Savannah Board of Education for Survey

Clarke County - Dem. School

TOTAL PUBLIC APPROPRIATIONS

ENDOWMENT Alumni Y.M.C.A. Alumni Library Denmark, B. A. & T. N. Bocock, W. H. E. T. Comer Franklin College Franklin, Mary J. Gilmer, George R. Magers, Edmund Landscrip Peabody, Geo. Foster - Law School Smith, 0. V. Terrell, William University of Georgia Foundation

TOTAL ENDOWMENT

GIFTS AND GRANTS FROM PRIVATE SOURCES All States Foundation Annonymous Foundation-Cooperative Prog. Atomic Energy - Savannah River Emory University Game & Fish Commission General Education Board - Graduate School General Education Board, Art Ga. Aberdeen Angus Assn. - Livestock Judging Ga. Hereford Assn. - Livestock Judging Georgia Power Company - Agric. Educ. Rel.

General

Restricted

Income________ Income______ Total

$

$ 43,349.17 $ 43,349.17

3,185.57

3,185.57

2,900.00 3.000. 00 3.000. 00

2,900.00 3.000. 00 3.000. 00

72,124.28 8,812.00 5,000.00 9.054.00 6,663.07 4.968.00

72,124.28 8,812.00 5,000.00 9.054.00 6,663.07 4.968.00

1,573.66 74.062.05

1,573.66 74.062.05

$2,376,718.76 $347,591.80 $2,724,310.56

$
1______ $

$ 419.61 $ 346,79
1,167.91 9.06
12,415.35 8,585.16 120.52 458.30 2.50 5,610.50 14.62 876.25 685.41 3.775.23

419.61 346.79 1,167.91
9.06 12,415.35
8,585.16 120.52 458.30 2.50
5,610.50 14.62
876.25 685.41 3.775.23

$ 34.487.21 $ 34.487.21

$ 5,000.00 $ 5,000.00
14,7%. 00 9,300.00 6,000.00
23,080.00 26,938.18
250.00 250.00 250.00

5,000.00 5,000.00 14,796.00 9,300.00 6,000.00 23,080.00 26,938.18
250.00 250.00 250.00

67

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) GIFTS & GRANTS FROM PRIVATE SOURCES Harvard University - Buford Dam Jackson Electric Corporation Kellogg Little Ocmulgee Elec. Corp. Middle Ga. Elec. Memb. - Ag. Educ Rel. Milk Control Board National Science Foundation - Fort Ordnance - Cohen Park-Davis - Cancer Parker-Davis - Research Pittmn-Moore Squibb & Sons University Center UNESCO Sears, Roebuck Foun. - For Agric. Educ. Veterinary Med. - Reg. Council Sou. Regional Council - For Agric. Educ. Rel. United Cerebal Palsy
TOTAL GIFTS & GRANTS FROM PRIVATE SOURCES
SALES & SERVICES Agricultural Educ. Relations Literary Quarterly Mathematics Books Psychology Clinics University Press Veterinary Clinics Veterinary Hygiene Business Research
TOTAL SALES & SERVICES
OTHER SOURCES Agricultural Ext. Service General Experiment Station Rents Veterans Guidance Miscellaneous
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL & GENERAL INCOME
TRANSFERS FROM: Restricted Funds General Funds Agency Funds

General Income

Restricted Income

Total

$

$ 300.00 $

300.00

50.00

50.00

13,254.71

13,254.71

50.00

50.00

50.00

50.00

2,000.00

2,000.00

6,500.00

6,500.00

8,181.00

8,181.00

3,900.00

3,900.00

8,500.00

8,500.00

500.00

500.00

1,800.00

1,800.00

1,382.16

1,382.16

400.00

400.00

500.00

500.00

133,000.00

133,000.00

3,000.00

3,000.00

5.000.00

5.000.00

$279.232.05 $ 279.232.05

$

$ 19,277.84 $ 19,277.84

3,855.06

3,855.06

275.00

275.00

5 % . 00

5%.00

27,775.26

27,775.26

32,208.34

32,208.34

224.00

224.00

854.31

854.31

$ 65.512.97 $ 19.552.84 $ 851.065.81

$ 8,066.00 $ 4,000.00 895.00 4,371.53 1.712.57

$ 8,066.00 4,000.00 895.00 4,371.53 1.712.57

19.045.10 $

$ 19.045.10

$3.532.133.02 $680.863.90 $4,,212.9%.92

$ 4,898.73 $

$ 4,898.73

2,880.00

2,880.00

1.866.36

1.866.36

68

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

TOTAL TRANSFERS
TOTAL EDUCATIONAL & GENERAL RECEIPTS
B. CONTINUING EDUCATION STUDENT FEES Communications Conferences & Institutes Correspondence & Extension Columbus Center Gainesville Center Marietta Center Rome Center Waycross Center Negro Columbus Center Miscellaneous
TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Reg. Op.
TOTAL CONTINUING EDUCATION INCOME
C. AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Clarke Howell Small Dorms Graduate Lucy Cobb (Fire Loss 7010.14) Mary Lyndon Milledge Payne Hall Myers Hall Private Trailers Reed Hall Rutherford Soule Veterans Housing
TOTAL DORMITORIES
DINING HALLS Denmark Payne Snelling Hall Tea Room
TOTAL DINING HALLS

General Income

Restricted Income

Total

$ 6.765.09 $ 2.880.00 $ 9.645.09 $3,538,898.11 $683,743.90 $4,222,642.01

$ 18,824.01 $ 24,270.10 75,806.43 73,086.22 28,945.20 20,228.74 31,187.83 32,564.40 15,672.51 289.00
1_ 320.874.44 $

$ 18,824.01 24,270.10 75,806.43 73,086.22 28,945.20 20,228.74 31,187.83 32,564.40 15,672.51 289.00
_____ _ 320.874.44

$ 57.600.00 $___________ $ 57.600.00

$ 378.474.44 $

$ 378.474.44

$ 20,834.96 $ 18,467.90 29,192.25 879.34 4,266.68 11,036.14 17,042.25 21,722.46 29,725.65 66,988.81 189.00 71,853.39 20,352.50 16,697.28 63.642.38

$ 20,834.% 18,467.90 29,192.25 879.34 4,266.68 11,036.14 17,042.25 21,722.46 29,725.65 66,988.81 189.00 71,853.39 20,352.50 16,697.28 63.642.38

$ 392.890.99 $___________ $ 392.890.99

$ 118,488.27 $ 74,701.35
199,305.34 5.954.75
i- 398.449.71 $

$ 118,488.27 74,701.35
199,305.34 5.954.75
_____ L 398.449.71

69

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

C. AUXILIARY ENTERPRISES (CONTINUED) OTHER Printing Department University Stores
TOTAL OTHER
TOTAL AUXILIARY INCOME
D. STUDENT AID ENDOWMENT Advancement of Art Fund W. J. Bryan Fund J. B. Connally Fund John C. Harris Fund George D. Kitzinger Fund Issac Meinhard Fund Neil Reid Memorial Fund H. B. Russell Cecil Willcox Fund A. F. Churchill - Scholarship O. L. Cloud - Scholarship E. G. Dawson - Scholarship Joseph R. Lamar - Scholarship T. E. Mitchell - Scholarship T. E. Mitchell - Coordinate-Scholarship Philps-Stokes - Scholarship H. L. Richmond - Fellowship Martin R. Smith Lamar Trotti - Scholarship F. C. Tucker - Scholarship Cecil Willcox - Scholarship
TOTAL ENDOWMENT
GIFTS & GRANTS B. Dowling Adams Scholarship American Foundation Pharmacy Education Atlanta Federal Savings Scholarship Atlanta Woman Pan Hellenic P. Backus - Cooper Robert A. Baker Berry - Shorter Scholarship Beta Educational Fund Donald Bond Borden Agriculture Scholarship Borden Home Economics Scholarship Calloway Educational Scholarship Marvin Carpenter Child Service Assn. Scholarship

General Income

Restricted Income

Total

$ 70,230.44 $ 384.682.32
$ 454.912.76 $
$1 .246.253.46 $

$ 70,230.44 384.682.32
$ 454.912.76
$1,246,253.46

$

$ 308.50 $

308.50

5.34

5.34

72.23

72.23

57.50

57.50

311.83

311.83

34.50

34.50

500.00

500.00

55.00

55.00

52.50

52.50

2,328.00

2,328.00

60.00

60.00

1,620.00

1,620.00

1,500.00

1,500.00

1,800.00

1,800.00

3,540.00

3,540.00

333.33

333.33

500.00

500.00

90.00

90.00

306.00

306.00

6,240.00

6,240.00

120.00

120.00

$ 19.834.73 $ 19.834.73

$

$ 180.00 $

189.00

900.00

900.00

500.00

500.00

180.00

180.00

849.99

849.99

60.00

60.00

480.00

480.00

150.00

150.00

300.00

300.00

1,500.00

1,500.00

1,500.00

1,500.00

1,852.37

1,852.37

30.00

30.00

162.00

162.00

70

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED) Columbia Elks Scholarship Columbia (L.C.) Kiwanis Club Culpepper Foundation Scholarship Dairy Scholarship Davis Brothers Scholarship Billy Jo Davis Delta Air Lines Delta Phi Epsilon Mrs. R. M. Durr Jane Edenfield - Cooper Rebecca Felton Forestry School Gair - Woodlands Scholarship Garden Club of Georgia Scholarship Bobby B. Gardner Georgia Education Chairitable Fund Georgia Society Certified Public Accountants Goldberg Memorial Fund Scholarship Edwin Gould Scholarship Alice Green Scholarship Hadaway - Union Bag - Scholarship Hall Brothers Inc. Scholarship Hapeville Alumni Scholarship Harvey - Union Bag Scholarship Ralph Lamar Hanley Heidt Union Bag Scholarship Richmond C. Holloman Homelite Corporation Huckabee Auto Scholarship Inter-Fraternity Council Scholarship Sallie Maude Jones - Scholarship Kroger Grocery Company Scholarship Lederle-Cyanamid Scholarship Bobby J. Lewis Lockheed Corporation Scholarship Robert Hampton Moran Mortor Board Scholarship Elsie B. Murph Scholarship Dan McDougald Award Albert T. McGahee J. K. McNames Harold J. Nix Odille Ousley Scholarship Rayoneer Foundation - Forestry Rosenblatt Fund Sears Roebuck - Agriculture Sears Roebuck -- Home Economics

General Income
$

Restricted Income

Total

200.00 $ 200.00 480.00 2,160.00 133.34 427.00 600.00 100.00 1,600.00 831.00 109.79 100.00 500.00 500.00
57.50 250.00 500.00 360.00 1,005.41 920.00 1,000.00 400.00 100.00 1,000.00
60.00 1,000.00
60,00 500.00 200.00 180.00 2,415.00 800.00 1,000.00
61.00 500.00 183.00 426.36 200.00 200.00 120.00 2,000.00
60.00 600.00 1,000.00 320.00 2,056.26 800.00

200.00 200.00 480.00 2,160.00 133.34 427.00 600.00 100.00 1,600.00 831.00 109.79 100.00 500.00 500.00
57.50 250.00 500.00 360.00 1,005.41 920.00 1,000.00 400.00 100.00 1,000.00
60.00 1,000.00
60.00 500.00 200.00 180.00 2,415.00 800.00 1,000.00
61.00 500.00 183.00 426.36 200,00 200.00 120.00 2,000.00
60.00 600C00 1,000.00 320.00 2,056.26 800.00

71

UNIVERSITY CF GOERIGA STATEMENT OF CURRENT INCOME (CONTINUED)

STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED)
Senior Scholarship Fund John R. Shirley Mildred Sparks - W. S. G. St. Regis Scholarship Student Activities Orchestra Robert R. Travis, Jr. United Daughters Confederacy Union Bag Company Poultry Scholarships Project Award Physics University of Georgia Foundation Various Sources - Music Various Sources - Pharmacy Daniel Vines George W. Ware Michael Award Maud Warwick Fund Welfare Assn. - Lovett Mrs. M. M. Wise - Davis
TOTAL GIFTS AND GRANTS
TOTAL STUDENT AID
TOTAL CURRENT RECEIPTS

General Income

Restricted Income

Total

$

$ 150.00 $: 150.00

60.00

60.00

100.00

100.00

1,600.00

1,600.00

928.90

928.90

57.50

57.50

125.00

125.00

5,900.00

5,900.00

3,776.51

3,776.51

50.00

50.00

5,635.56

5,635.56

1,845.09

1,845.09

1,100.00

1,100.00

60.00

60.00

60.00

60.00

500.00

500.00

800.00

800.00

250.00

250.00

225.00

225.00

$

$ 60.143.58 $ 60.143.58

$ 79.978.31 $ 79.978.31

$5.163.626.01 $763.722.21 $5.927.348.22

72

UNIVERSITY OF GEORGIA

Schedule C

SUMMARY OF EXPENDITURES For Year Ended June 30, 1955

Cont. Education

Current Funds

Education

Auxiliary

& General

Enterprise

Other Non-Educ.

Plant Funds

Total

EDUCATIONAL & GENERAL

Administrative & General$ 49,707.66 $ 231,789.12 $

Student Welfare

132,893.09

Plant Operations

460,135.06

Library

241,078.99

Instruction

152,867.50 2,318,502.84

Research

310,550.45

Serv. Related to Inst.

223,775.41

Extension

193,661.61

$

$

$ 281,4%. 78 132,893.09 460,135.06 241,078.99
2,471,370.34 310,550.45 223,775.41 193,661.61

AUXILIARY Dormitories Dining Halls Gen. Dorm. & Dining Halls Printing Shop Stores

275,097.28 350,560.45
12,939.75 72,838.06 410,537.39

275,097.28 350,560.45
12,939.75 72,838.06 410,537.39

STUDENT AID Scholarships Awards

11,000.00

70,087.07 1,408.91

81,087.07 1,408.91

PLANT Additions to Plant Repairs (Not Capitalized) Debt Service

841,684.27 63,379.43 90.005.98

841,684.27 63,379.43 90.005.98

TOTAL EXPENDITURES $396*236.77 $3,929,724.96 $1,121,972.93 $71,495.98 $995,069.68 $6,514,500.32

TRANSFERS

$ 56.184.43 $ 157.517.64

$ 213.702.07

TOTAL DISBURSEMENTS $3%.236.77 $3,985,909.39 $1,279,490.57 $71,495.98 $995,069.68 $6,728,202.39

Schedule C-l

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

I
A. EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL Accounting Office Alumni Office Comptrollers Office General Expense Presidents Office Public Relations

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Waaes

& Expense Eauipment

$ 39,246.51 $ 8,699.88 14,467.93
51,943.69 32,668.33
20,809.19

$ 34,248.60 $ 4,997.91 $

8,699.88

13,149.84

348.09

970.00

8,305.44 43,638.25

30,917.52

1,750.81

18,674. 8 2 1,741.07

393.30

73

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

______________________________ Object Classification

Operating

Fund Classification Salaries

Supplies

General

Restricted & Waqes

& Expense Equipment

A. EDUCATIONAL & GENERAL (CONT.) ADMINISTRATIVE & GENERAL (CONT.) Registrar's Office
Statistical Bureau Veteran's Division

$ 41,396.99 $ 18,323.57 4.233.03

TOTAL ADMIN. & GENERAL

$231.789.12 $

$ 33,169.58 $ 7,997.41 $

18,025.90

297.67

3.878.11

199.92

230.00 155.00

$169,069.69 $ 60.971.13 $ 1.748.30

STUDENT WELFARE Dean of Students Dean of Men Dean of Women Director of Student Activities Placement Student Health Service

$ 11,514.64 $ 21,689.33 19,890.83 10,158.47 12,113.75 57.326.07

200.00

$ 10,619.24 20,949.72 19,149.72 9,854.06 11,020.17 38.799.64

$ 827.97 739.61 741.11 504.41 822.25
11.964.18

$ 67.43
271.33 6.562.25

TOTAL STUDENT WELFARE

$132,693.09 $ 200.00 $110,392.55 $ 15.599.53 $ 6.901.01

PHYSICAL PLANT General Operations Grounds Janitors Repairs

$143,833.04 $ 7,110.50 $ 21,306.60

54,407.33

39,461.43

134,752.19

122,927.67

120.032.00_______________ 55.310.35

$128,520.28 13,070.21 10,945.22 64.721.65

$ 1,116.66 1,875.69 879.30

TOTAL PLANT OPERATIONS

$453,024.56 $ 7.110.50 $239,006.05 $217,257.36 $ 3.871.65

LIBRARIES

$234,278.99 $ 6.800.00 $165,334.74 $ 10.000.26 $65,743.99

INSTRUCTION Dean of Faculties Veterans Guidance College of Agriculture Dean's Office Ag. Economics Ag. Engineering Agronomy Animal Husbandry Dairy Food Technology Horticulture Landscape Architecture Plant Pathology Poultry Husbandry Arts & Science Dean'& Office Art G.E.B. Art Bacteriology

$ 18,010.71 $ 23,802.96

$ 17,265.24 $ 450.47 $ 295.00

20,799.88

2,920.62

82.46

29.203.49 10.752.50 33,516.87 20,011.92 18,176.34 13,236.35 12,279.60 10,373.19 15,729.93 14,059.60
4,768.12

4,000.00 4,000.00 5,500.00 6,000.00 6,500.00
5,500.00
3,500.00

25,911.72 14,063.10 32,674.62 24,164.22 23,597.10 17,282.11 10,878.22 14,973.00 14,850.24 13,432.80
7,701.73

3,291.77 147.90 940.60 647.86 579.24 997.90
1,097.98 462.05 798.69 499.54 386.86

541.50 3,901.65
699.84
1,456.34 303.40 438.14 81.00 127.26 179.53

22,217.88 56,022.09 16,037.33 19,485.55

1,000.00 22,646.61

19,534.80 54,101.32 22,646.61 17,051.76

2,683.08 2,367.36 4,531.53
417.92

553.41 11,505.80
2,015.87

74

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________________________________ Object Classification________

Operating

Fund Classification______Salaries

Supplies

General

Restricted & Wages

G Expense Equipment

A. EDUCATIONAL & GENERAL (CONT.)

INSTRUCTION (CONTINUED)

Arts & Science (Continued)

Biology

$ 39,533.73 $ 2,000.00 $ 37,183.68 $ 4,278.05 f

72.00

Botany

32,789.43

2,000.00

32,431.29

1,482.32

875.82

Chemistry

56,302.37

3,650.00

53,625.38

4,799.50

1,527.49

Classics

9,637.41

9,599.88

32.53

5.00

English

96,507.18

3,000.00

98,979.88

527.30

Entomology

10,162.64

9,499.92

460.57

202.15

Geography & Geology

33,177.00

2,000.00

33,330.71

1,662.74

183.55

History

33,766.19

33,588.84

126.80

50.55

Mathematics

45,091.32

3,000.00

47,953.64

137.68

Modern Languages

51,397.69

50,742.56

488.71

166.42

Music

58,770.51

56,826.68

1,028.83

915.00

Nursing Education

2,350.00 26,891.06

20,511.69

6,729.54

1,999.83

Philosophy

12,146.44

12,072.07

74.37

Physics

34,713.55

2,000.00

33,501.32

1,154.17

2,058.06

Political Science

29,893.14

2,000.00

31,742.52

150.62

Psychology

31,677.73

30,059.88

920.58

697.27

Religion

3,724.92

3,699.92

25.00

Sociology & Archaeology

32,763.41

2,124.28

33,902.64

314.68

670.37

Speech & Drama

21,600.69

20,639.80

399.35

561.54

Business Administration

119,593.19

1,000.00

115,383.29

4,546.90

663.00

Education

Demonstration School

22,764.21

General

94,434.64

Physical Education

69,748.27

Teacher Training - Ag.

7,427.53

Teacher Training - Home Ec. 6,988.54

Lucas Fund

Forestry

88,067.22

Graduate

48,934.38

Graduate School - G.E.B.

Home Economics

85,780.88

Journalism

37,162.84

Law School

59,135.69

Military

8*302.14

Pharmacy

49,660.45

Regent's Professors

3,999.84

Summer Quarter

136,420.11

74,062.05
29,455.37 15,000.00
855.59 6,000.00 19,179.84 2,000.00
2,000.00

93,863.64 89,355.08 65,341.00 31,015.59 18,585.73
42,560.63 47,857.25 19,179.84 78,182.26 32,009.66 56,449.21
6,099.96 41,736.67
3,999.84 134,612.57

2,962.62 4,298.53 3,629.23 5,867.31 2,872.91
3,047.88 818.88
7,792.06 3,036.75 1,453.75 1,390.98 6,273.48
1,807.54

781.03 778.04
529.90 855.59 48,458.71 258.25
1,806.56 2,116.43 1,232.73
811.20 3,650.30

Veterinary Medicine Dean'sf Office Anatomy & Histology Clinics & Medicine Hygiene Pathology Phvsioloav & Pharmacoloav

6,435.28 2,418.08 69,793.03 8,374.74 20,171.39 5.335.81

10,000.00 22,000.00 44,000.00 21,000.00 20,000.00 20.000.00

15,110.07 21,899.92 79,817.00 26,710.10 29,510.60 23.834.08

1,160.21 1,104.16 32,287.23 2,169.64 1,797.74
927.95

165.00 1,414.00 1,688.80
495.00 8,863.05
573.78

TOTAL INSTRUCTION

$1.924.638.04 $393,864.80 $2,073,934.76 $137,260.46 $107,307.62

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

____________________________________ Object Classification_______

Operating

Fund Classification_____ Salaries

Supplies

General________Restricted & Wages_______ & Expense Equipment

A. EDUCATIONAL & GENERAL (CONT. )

ORGANIZED RESEARCH

Atomic Energy-Savannah

$

Brucellosis

$ 16,043.06 $ 12,100.83 $ 3,076.74 $

2,566.41

1,650.00

824.04

865.49 92.37

Bureau Bus. Rsch.

14,874.51

12,933.28

1,941.23

Comer Research

12,415.35

5,836.62

6,578.73

Bureau Public Admin.

8,062.79

7,299.96

697.25

65.58

Eli Lilly Pharmacy

330.20

254.80

75.40

N.S.F. Fort

685.88

649.98

35.90

General

165,397.40

9,382.16

149,039.89 14,007;77 11,731.90

Metabolism Studies

4,268.94

3,000.00

668.94

600.00

Marine Biology

48,045.59

23,536.23 19,882.12

4,627.24

Ordnance - Cohen

4,784.22

4,273.00

511.22

N.S.F. Burkholder

3,395.66

2,914.90

480.76

Ovarian Studies

2,101.79

1,000.00

218.32

883.47

Parke Davis - Cancer

2,392.77

2,100.00

292.77

Park Davis

9,158.82

5,400.90

2,152.71

1,605.21

Pine Nutrition

75.00

75.00

Plant Toxicology

1,512.92

1,079.68

433.24

Sharpe & Dohme

325.00

325.00

U.N.E.S.C.O.

400.00

400.00

Wyeth Laboratories

1,065.40

1,065.40

U.S.P.H. Malaria, McGhee

1,535.23

440.30

720.43

374.50

U.S.P.H. Jost

1.731.35

1.200.00

531.35

TOTAL ORGANIZED RESEARCH $_ 188.334.70 $122.215.75 $ 235.920.97 $ 53.708.32 $ 20.921.16

EXTENSION

Ag. Educ. Relations

$

Ag. Short Course

Cooperative Program -

Elem. Education

Livestock Judging

Milk Control-Short Course

Allstate Foundation

Atlanta Area

Program for Exceptional

Children

Field Services

General Mills

Kellogg Project

Mental Health

Resource-Use

Surveys

Arch. & Anthropology

Art Museum

Forestry Surveys

Pittman Moore

$ 29,668.30 $ 4,296.82

13,391.65

1,768.45 509.34
1,488.05 4,326.07 9,300.00

23,707.70
4,054.09 6,915.58

27,112.21
98.53 13,220.12
1,195.70 2,845.83 2,476.79
1,925.55 420.98

15,186.77 $ 14,315.41 $ 4,2%.82

166.12

1,031.61 18,899.88

736.84 509.34 1,488.05 4,326.07 3,791.77

23,604.96 22,676.76
9,199.92 1,145.82
9.43 2,725.19 5,435.02 1,673.25
129.00

1,536.98 1,030.94
98.53 4,020.20
49.88 2,845.83 2,467.36 1,297.16
984.60 252.30 192.98

1,970.27
31.74 495.%
99.00

76

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

EDUCATIONAL & GENERAL (CONT. ) EXTENSION (CONTINUED)
Institute of Law G Govt. $ Literary Quarterly S. E. Massengill University Press Squibb Short Course Wildlife Conservation Cerebal Palsy

$ 21,832.14 $ 10,995.19

19.80

34,212.64

500.00

989.89

6,325.19

178.80

19,408.18 $ 1,252.04 $ 1,171.92

6,304.96

4,690.23

19.80

13,062,02 21,240.62

410.00

989.89

4,516.82

1,255.94

552.43

178.80

TOTAL EXTENSION

$ 97,573.67 $126,201.74 $ 145.009.59 $ 73.868.38 $ 4.897.44

TOTAL EXPENSE

$3,262,332.17 $656,392.79 $3,,138.668.35 $568,665.44 $211,391.17

TRANSFERS TO: Plant Funds Refunds Previous Year's Income General Funds

$ 44,952.71 $ 3,315.00

2.880.00

137.99 4.898.73

TOTAL TRANSFERS TOTAL EDUC. G GEN. DISBUR.

1_ 47.832.71 $ 8.351.72 $3,310,164.88 $664,744.51

CONTINUING EDUCATION ADMINISTRATION
General Managerial Evaluation
TOTAL ADMINISTRATION
INSTRUCTION Columbus Center Marietta Center Rome Center Waycross Center Negro Columbus Center Instructional Service
TOTAL INSTRUCTION
EXTENSION Communications Community Conferences & Institutes Correspondence

$

343.61 $ 19,660.53 $ 15,299.88 $ 4,381.12 $

10,677.02 14,354.26

19,516.86

4,928.56

116.81

4.555.43

3.699.84

972.40

$ 11.137.44 $ 38.570.22 $ 38.516.58 $ 10.282.08 $

323.14 585.86
909.00

$ 51,568.14 $ 20,264.63 25,971.69 24,198.95 14,881.27 15.709.57
$ 152.594.25 $

$ 273.25

46,465.31 $ 4,900.08 $

17,611.92

2,602.76

22,317.50

3,654.19

21,871.52

2,327.43

14,369.26

512.01

14.249.88

1.732.94

273.25 $ 136.885.39 $ 15.729.41 $

202.75 49.95
252.70

$ 39,475.18 $ 1,001.60 $ 22,850.24 $ 10,968.19 $ 6,658.35

13,228.40 14,092.14

23,712.13

3,608.41

41,249.30

2,644.50

34,661.67

9,232.13

81.970.49

72.459.08

9.511.41

TOTAL EXTENSION

L 175.923.37 $ 17.738.24 $ 153.683.12 $ 33.320.14

6.658.35

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General_______ Restricted

________ Object Classification________

Operating

Salaries

Supplies

& Wages_______ & Expense Equipment

B. CONTINUING EDUCATION (CONTINUED) $ 339.655.06 $ 56.58-1.71 $ 329.085.09 $ 59.331.63 A - 7.820.05

C. AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Clarke Howell Lucy Cobb Mary Lyndon Milledge Payne Myers Private Trailers Reed Rutherford Soule Veterans Housing Small Dormitories
TOTAL DORMITORIES

$ 16,394.98 $ 18,440.72 15,642.30 13,267.75 13,159.23 16,881.39 15,490.77 45,808.98 234.24 35,708.76 14,117.10 12,564.27 56,834.29 552.50
$ 275.097.28 $

$ 4,428.05 $ 11,534.13 $ 432.80

5,898.07 11,938.62

604.03

7,158.56

8,152.74

331.00

3,177.54 10,090.21

5,810.10

6,856.06

493.07

4,563.71 12,153.75

163.93

3,887.77 11,327.37

275.63

18,491.18 24,713.04

2,604.76

234.24

14,433.67 18,275.95

2,999.14

5,492.16

8,341.98

282.96

5,605.55

6,213.21

745.51

20,355.50 35,742.58

736.21

552.50

$ 99.301.86 $166.126.38 $ 9.669.04

DINING HALLS Denmark Payne Snelling Hall Tea Room
TOTAL DINING HALLS
GENERAL

$ 130,694.90 $ 69,492.01 143,856.22 6.517.32
$ 350.560.45 $
$ 12.939.75 $
S$ 638.597.48 $

$ 25,276.14 $104,518.76 $ 10,517.71 58,178.94

900.00 795.36

36,528.25 106,207.11

1,120.86

2.940.09

3.577.23

$ 75.262.19 $272.482.04 J L 2.816.22

$ 11.835.71 $ 1.104.04 $ $ 186.399.76 $439.712.46 $ 12.485.26

OTHER Printing Department University Stores

$ 72,838.06 $ 410.537.39

TOTAL OTHER

$ 483.375.45 $

TOTAL AUXILIARY ENTERPRISES$1.121.972.93 $

$ 36,103.06 $ 36,087.10 $ 647.90 45.861.34 345.088.57 19.587.48
$ 81.964.40 $381.175.67 $ 20.235.38
$ 268.364.16 $820.888.13 $ 32.720.64

TRANSFERS TO: Board of Regents Plant Funds

$ 57,276.71 100.240.93

TOTAL AUX. DISBURSEMENTS $1.279.490.57

78

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification________

Operating

Salaries & Wages

Supplies & Expense

Equipment

D. STUDENT AID Endowment Scholarships Scholarships Awards

$

$ 18,993.64

11,000.00 51,093.43

1.408.91

TOTAL STUDENT AID

$ 11. 0 00.00 $ 71.495.98

TOTAL CURRENT DISBURSEMENTS $4,940,310.51 $792,822.20

Schedule D

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1955

EDUCATIONAL & GENERAL GOVERNMENTAL State of Georgia
Nursing Law Institute Exceptional Children Vocational Grants & Aids Other States N.C. - Ag. Educ. Rel. Tenn. - Ag. Educ. Rel. Miss. - Ag. Educ. Rel. United States Morrill-Nelson Department of Health
For Mental Health For Brucellosis For Plant Toxicology For Metabolism For McGhee For Jost For Hamilton Vocational Counties & Cities Clarke County For Demonstration Sch. Savannah Bd. of Education
For Surveys Hall County for Surveys Dodge County for Surveys
TOTAL GOVERNMENTAL

Balance

Beginning of Income for

Year

Year

Expenditures

For

Year

Transfers

Balance End of Year

$

$ 52,300.00 $ 26,891.06 $

664.94 28,800.00 21,832.14

1,632.84 28,800.00 27,112.21

(->4,567.68 36,257.85 47,301.20

3,315.00

$ 25,408.94 7,632.80 5.63
(->15,611.03

(->1,989.87 143.38
1,516.46 1,805.87
(->7,091.32

2,900.00 3,000.00 3,000.00
72,124.28
3,185.57 5,000.00
6,663.07 9,054.00 8,812.00 4,968.00 7,091.32

2,900.00 3,000.00 3,000.00
72,124.28
1,195.70 2,566.41 1,512.92 4,268.94 1,535.23 1,731.35 2,101.79

370.00 3.54
300.00 670.00
368.00

2,206.97
3,900.00 6,848.77 7,080.65 2,498.21

74,062.05 1,573.66

74,062.05 156.22

1,320.57
1 .0 0 0 .0 0

1,320.57
1 .0 0 0 .0 0

$(->5,564.81 $347,591.80 $295,612.07 $

1,417.44 5.026.54 Si 41.388.38

79

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning Of Year

Income for Year

Expenditures

For

Year

Transfers

Balance End of Year

EDUCATIONAL & GENERAL (CONT.)

ENDOWMENT

Alumni Library-Books Alumni YMCA-VRA

$ 1,014.92 $ 1,805.20

346.79 $ 419.61

$ 200.00

W. H. Bocock-Books

33.22

9.06

E. T. Comer-Br. Bus. Res.

12,415.35 12,415.35

B. A. & T. N. Denmark-Maint. 3,053.16

1,167.91

1,000.00

Franklin College-Maintenance 6,699.72

8,585.16 12,500.00

Mary J. Franklin-Maintenance

142.38

120.52

100.00

Geo. R. Gilmer-Maintenance

382.49

458.30

400.00

Journalism Dean's Fund

695.61

Landscrip Fund-Maintenance

5,610.50

5,610.50

Edmund Magers-Gen. Purposes

8.03

2.50

Geo. Foster Peabody-Law

106.80

14.62

0. V. Smith

1,355.42

876.25

Wm. Terrel1-Professor

543.60

685.41

650.00

Univ. of Ga. Foundation

2,800.00

2,800.00

Lucas Fund

975.23

855.59

TOTAL ENDOWMENT

$ 15.840.55 $ 34.487.21 $ 36.531.44 $

GIFTS

All State Foundation for

Driver Training Anonymous CPEE Project

$ 1,515.09 $ 5,000.00 $ 4,326.07 $

5,000.00

1,768.45

Atomic Energy - Savannah

For Research

3,593.10 14,796.00 16,043.06

Callaway Community Fund

For Art

800.00

Emory University

For Atlanta Area

9,300.00

9,300.00

Game & Fish Commission for

Wildlife Conservation

2,769.21

6,000.00

6,325.19

Ga. Power Co. for Agric.

Educ. Relations

250.00

250.00

G.E.B.- For Art

16,991.82 26,938.18 22,646.61

G.E.B.- Graduate School

15,800.08 23,080.00 19,179.84

General Mills - Nutrition

1,154.34

98.53

Ga. - Ag. & Rsch. Fund

117,098.66

48,045.59

Ga. Forestry Commission

For Survey

2,040.00

1,925.55

Ga. Poultry Imp. Assoc.

For Vet. Medicine

119.37

Jackson Electric Corp.

For Ag. Educ. Relations

50.00

50.00

Harvard University

For Buford Dam

300.00

Kellogg for Education

(-)3,621.49 13,254.71 13,220.12

Nat. Sci. Found. - Fort

6,500.00

685.88

Eli Lilly for Pharmacy

569.95

330.20

$ 1,361.71 2,024.81 42.28
3,221.07 2,784.88
162.90 440.79 695.61
10.53 121.42 2,231.67 579.01
119.64 $ 13.796.32

$ 2,189.02 3,231.55

1,395.00

951.04

800.00

2,444.02

114.45

21,283.39 19,700.24
1,055.81 69,053.07
119.37

520.00

300.00 (-)3,586.90
5,294.12 239.75

80

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning Of Year

Income for Year

Expenditures

For

Year

Transfers

Balance End of Year

EDUCATIONAL & GENERAL (CONT.)

GIFTS (CONTINUED)

Little Ocmulgee Elec. Corp. $ Livestock Judging

$ 39.53

50.00 $ 500.00

50.00 $ 509.34

S. E. Massengill For

Vet. Medicine

19.80

19.80

Milk Control Board For

Dairy Short Course

208.75

2,000.00

1,488.05

Middle Ga. Elec. Corp.

For Agric. Education

50.00

50.00

N.S.F. - Burkholder

6,563.67

3,395.66

Ordnance-Cohen for Rsch.

1,961.36

8,181.00

4,784.22

Sears-Roebuck for Agric.

Education Rel.

500.00

500.00

Pittman-Moore for Rsch.

500.00

420.98

Parke-Davis for Cancer

Research

3,900.00

2,392.77

Parke-Davis-Research

1,288.59

8,500.00

9,158.82

Read Psycho-Educ. Clinic Sharpe & Dohme

100.00 328.33

325.00

Sou. Regional Ed. Bd. of

Control Agric. Educ. Squibb & Son - Research

3,000.00 1,800.00

3,000.00 989.89

Tenn. Corp. Pine Nutr.

743.15

75.00

UNESCO

400.00

400.00

Veterinary Med. - Reg. Council

133,000.00 133,000.00

United Cerebal Palsy Wyeth Laboratories

5,000.00

178.80

For Vet. Medicine

1,073.81

1,065.40

University Center

1.382.16

1.382.16

TOTAL GIFTS

$ 171.157.12 $279,232.05 $307,380.98 $

$ 30.19

720.70

1,295.73

3,168.01 4,062.41

79.02
1,507.23 629.77 100.00 3.33

810.11 668.15
4,821.20 8.41
3.325.18 $ 139.683.01

SALES AND SERVICES Ag. Educ. Relations Math Books TOTAL SALES & SERVICES

$ 2,974.16 $ 19,277.84 $ 16,868.30 $(->2,880.00 $ 8,263.70

10.055.82

275.00

10.330.82

$ 13.029.98 $ 19.552.84 $ 16.868.30 $(-)2.880.00 $ 18.594.52

TOTAL EDUC. G GENERAL

$ 194.462.84 $680,863.90 $656,392.79 $ 5.471.72 $ 213.462.23

B. STUDENT AID

ENDOWMENT - SCHOLARSHIPS

Advancement of Art

Scholarships

$

Neil Reid Memorial for

Landscape Arch. Scholarship

A. F. Churchi11-Scholarahip

0. L. Cloud-Scholarship

E. G. Dawson-Scholarship

208.56 $ 308.50 $ 240.00 $

281.68 60.00
60.00

500.00 2,328.00
60.00 1,620.00

499.98 2,280.00
60.00 1,680.00

$

277.06

281.70 108.00

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning Of Year

Income for Year

Expenditures

For

Year

Transfers

STUDENT AID (CONTINUED) ENDOWMENT-SCHOLARSHIPS (CONT.)
Joseph R. Lamar-Scholarship $ T. E. Mitchell-Scholarship T. E. Mitchell-Coordinate-Sch. Phelps-Stokes-Scholarship H. L. Richmond Fellowship Martin R. Smith Scholarship Lamar Trotti-Scholarship F. C. Tucker-Scholarship Cecil Willcox-Scholarship
TOTAL ENDOWMENT-SCHOL. $

57.00 $ 1,500.00 $ 1,557.00 $

120.00

1,800.00

1,920.00

3,540.00

3,540.00

333.33

166.66

500.00

300.00

90.00

90.00

88.50

306.00

300.00

6,240.00

6,240.00

120.00

120.00

875.74 $ 19.245.83 $ 18.993.64 $

GIFTS - SCHOLARSHIPS

B. Dowling Adams-Scholarship$ Am. Found. Pharm. Educ.

$ .08

180.00 $ 900.00

180.00 $ 900.00

Atlanta Fed. Savings Schol.

500.00

Atlanta Womans Pan Hellenic

180.00

180.00

P. Backus-Cooper

849.99

849.99

Robt. A. Baker

60.00

60.00

Berry-Shorter Scholarship

480.00

480.00

Beta Educ. Fund

150.00

150.00

Donald Bond Scholarship

300.00

300.00

Borden Ag. Schol. Award

1,500.00

300.00

Borden Co.-Home Ec.

2,100.00

1,500.00

1,800.00

Callaway Educ. Schol.

1,852.37

1,852.37

Marvin Carpenter

30.00

30.00

Child Serv. Assoc. Schol.

162.00

162.00

Columbia Elks Scholarship

200.00

200.00

Columbia (S.C.) Kiwanis Club

200.00

200.00

Culpeper Found. Schol.

480.00

480.00

Dairy Scholarship

2,160.00

1,440.00

Davis Bros. ScholarsMp

600.00

133.34

600.00

Billy Jo Davis

427.00

405.00

Delta Air Lines

300.00

600.00

600.00

Delta Phi Epsilon Scholarship

100.00

DuPont-Hendley Scholarship

200.00

200.00

Mrs. R. M. Durr

2,400.66

1,600.00

1,600.04

Jane Edenfield-Cooper

831.00

831.00

Rebecca Felton Fund

109.79

109.79

Forestry Scholarship

100.00

100.00

100.00

Gainesville Civitan Club

20.00

Gair-Woodlands

500.00

500.00

Garden Club of Ga. Scholarship

500.00

100.00

Bobby B. Gardner

57.50

57.50

Ga. Educ. Charitable Fund

250.00

Ga. Soc. CPA Scholarship

500.00

Goldberg Main. Fund Scholarship

360.00

330.00

Edwin Gould Scholarship

7.59

1,005.41

1,013.00

Alice Green Scholarship

920.00

920.00

Balance End of Year
$
166.67 200.00
94.50
$ 1.127.93
$ .08
500.00
1,200.00 1,800.00
720.00 133.34
22.00 300.00 100.00 2,400.62
100.00 20.00
400.00 250.00 500.00
30.00

82

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning Of Year

Income for Year

Expenditures

For

Year

Transfers

B. STUDENT AID (CONTINUED)

GIFTS-SCHOLARSHIPS (CONT.)

Hadaway Union Bag

$

$ 1,000.00 $ 1,000.00 $

Hall Bros. Inc. Scholar.

400.00

Hapeville Alumni Scholar.

100.00

100.00

Harvey Union Bag

1,000.00

1,000.00

Hiroe Horikawa-Scholarship

500.00

500.00

Ralph Lamar Hanley

60.00

60.00

Heidt Union Bag Schol.

1,000.00

1,000.00

Richard C. Holloman

60.00

Home1ite Corp.

500.00

500.00

Huckabee Auto Scholarship

200.00

200.00

I. F. C. Scholarship

180.00

180.00

Sallie Jones Scholarship

2,415.00

2,215.00

Kroger Grocery Company

200.25

800.00

799.%

Lederle-Cyanamid Scholar.

1,000.00

Bobby J. Lewis

61.00

61.00

Lockheed Corp. Scholarship

500.00

500.00

Robert Hampton Moran

183.00

41.00

Mortar Board Scholarship

290.00

426.36

302.36

Essie B. Murph Scholarship

200.00

200.00

Dan McDougald Award

200.00

200.00

Albert McGahee

120.00

60.00

J. K. McNames

2,000.00

2,000.00

Niehaus-Savannah Bank Schol.

101.17

101.17

Harold J. Nix

60.00

60.00

Odille Ousley Scholarship

46.00

600.00

643.69

Poultry Scholarship

1,000.00

3,776.51

599.94

Rayonier Found.-Forestry

1,000.00

500.00

Readers Digest-Journalism

1,000.00

107.58

Rosenblatt Fund

320.00

320.00

Sears-Roebuck-Ag.

400.06

2,056.26

2,116.62

Sears-Roebuck-Home Ec.

.08

800.00

799.92

Seedmans Scholarship

247.71

Sr. Scholarship Fund

150.00

John R. Shirley

60.00

60.00

Sidki Sadik Scholarship

100.00

100.00

S.E. Fair Assoc.-Spier

180.00

180.00

Southern Assoc. Ice Cream Mfg. 1,000.00

1,000.00

Mildred Sparks-WSG

100.00

St. Regis Scholarship

1,600.00

1,600.00

Student Act.-Orchestra

2,965.08

928.90

835.00

Robt. P. Travis, Jr.

57.50

57.50

U.D.C.

125.00

125.00

Union Bag Company

534.00

5,900.00

6,382.00

Univ. of Ga. Found. Scholarship

5,600.00

5,600.00

Various Sources-Music Various Sources-Pharmacy

616.87 193.35

1,845.09 1,100.00

660.00

Balance End of Year
$ 400.00
60.00
200.00 200.29 1,000.00
142.00 414.00
60.00
2.31 4,176.57
500.00 892.42 339.70
.16 247.71 150.00
100.00 3,058.98
52.00 2,461.%
633.35

83

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning Of Year

Income for Year

Expenditures

For

Year

Transfers

Balance End of Year

STUDENT AID (CONTINUED)

GIFTS-SCHOLARSHIPS (CGNT.)

Daniel Vines Geo. W. Ware

$

$

60.00 $

60.00 $

60.00

60.00

Maud Warwick Fund

800.00

800.00

Welfare Assoc.-Lovett

250.00

250.00

Mrs. M. M. Wise-Davis

225.00

225.00

R. W. Woodruff

294.42

TOTAL GIFTS & GRANTS-SCH. $ 15.397.32 $ 59.558.02 $ 51.093.43 $

$
294.42 $ 23.861.91

ENDOWMENT - AWARDS W. J. Bryan-Prizes J. B. Connally-Prizes James C. Harris Award Geo. D. Kitzinger Award Isaac Meinhard Horace B. Russell-Prize Cecil Willcox-Prizes TOTAL ENDOWMENT-AWARDS

$

48.64 $

397.59

14.38

600.43

64.79

149.97

1.74

$ 1.277.54 $

5.34 $ 72.23 57.50 311.83 34.50 55.00 52.50 588.90 $

$
71.88 600.43
50.00 26.90 749.21 $

$

53.98

469.82

311.83 99.29
154.97 27.34
$ 1.117.23

GIFTS - AWARDS

Michael Award

$

Project Award-Physics

Jesse W. Sayre

Service Award-Physics

Student Act.-Prizes

Univ. Found. Award

TOTAL GIFTS FOR AWARDS $

$
200.00
120.70 186.77 507.47 $

500.00 $ 25.00
25.00
35.56 585.56 $

500.00 $ 25.00
25.00 72.54 37.16 659.70 $

$ 200.00

48.16

185.17

$

433.33

TOTAL AWARDS

$ 1.785.01 $ 1.174.46 $ 1.408.91 $

$ 1.550.56

TOTAL STUDENT AID

$ 18.058.07 $ 79.978.31 $ 71 .495.98 $

$ 26.540.40

Sub-Total

$ 212.520.91 S760.842.21 $727,888.77 $ 5.471.72 $ 240.002.63

CONTINUING EDUCATION Kellogg Foundation

82.865.39 $__

$ 56.581.71 $

$ 26.283.68

TOTAL RESTRICTED FUNDS

$ 295.386.30 $760,842.21 $784,470.48 $ 5.471.72 $ 266.286.31

SUMMARY OF TRANSFERS Refunds To Educational and General - (Overhead) To Unexpended Plant Funds From Educational and General for - Agric. Educ. Rel.
TOTAL.

$

137.99

4,898.73

3,315.00

(-02.880.00

$ 5.471.72

84

Schedule E

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30t 1955

BALANCE OF PRINCIPAL, BEGINNING OF YEAR (Including Income not Transferred)
ADDITIONS Income on Investments Gifts Recoveries on Student Notes Profit on Sale of Real Estate Sale - General Motors Rights Transfers from Loan Funds Transfers from Endowment Funds Transfers from Ag, Ext. Service Miscellaneous TOTAL ADDITIONS
DEDUCTIONS Expenses of Trust Collection Costs Charge Offs - Student Loans Transfers to University of Georgia Transfers to Other Schools Transfers to Loan Funds Transfers to Endowment Funds Transfers to Ag. Ext. Service Scholarship Awards Miscellaneous TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR (Including Income not Transferred)
GRAND TOTAL

Endowment Funds

Loan Funds

Miscellaneous Funds

$2,454,648.41 $803,059.19 $ 13.216.41

$ 78,243.24 $ 20,713.62 $

300.00

6,009.70

339.87

2,855.00

9.38

11,718.03

20,994.97

42.21

17.51

$ 93.167.86 $ 48.075.67 $

3,000.00
3,204.58 6.204.58

$ 2,160.76 $ 110.22 $ 194.59 588.04
20,570.68 31,450.35 3,008.36
20,994.97 11,718.03 11,055.73
800.00 582.61
$ 47.534.77 $ 44.061.23 $ 11.638.34

$2,500,281.50 $807,073.63 J L 7.782.65 $3.315.137.78

85

Schedule E-l

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUNDS BALANCE BY FUNDS For Year Ended June 30, 1955

ENDOWMENT FUNDS Funds for Advancement of Art Alumni Library Alumni Y. M. C. A. W. H. Bocock Charles H. Brand Charles M. Brown Henry W. Brown William J. Bryan Prize Bernice F. 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. & T.N. Denmark William Stark Denmark Eugene and Harry Dodd Philip Feingold Franklin College Mary J. Franklin Ebb W. Gallaher Memorial George R. Gilmer James C. Harris Award 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 Joseph H. Lumpkin Charles F. McCay Hamilton McWhorter Award Dan MacDougald Award Edmund Magers Isaac Meinhard Bert Michael T. E. Mitchell Educational T. E. Mitchell - Georgia T. E. Mitchell - Coordinate Pearl C. Moon C. A. & G. B. T. Moon Music Scholarship
Elizabth M. Bullard

Balance Beginning Of Year

Additions

Balance End of Deductions Year

$ 9,057.02 $ 97.09 $ 58.50 $ 9,095.61

11,033.%

346.79

346.79

11,033.96

13,469.64

419.61

419.61

13,469.64

414.53

11.32

9.06

416.79

1,191.60

29.74

29.74

1,191.60

537,788.28 19,201.74 2,572.77

554,417.25

28,023.01

949.54

827.86

28,144.69

247.89

5.34

5.34

247.89

30,403.64 1,875.32

884.19

31,394.77

35,541.41 2,069.47 1,041.53

36,569.35

361,045.77 12,277.32 10,308.24

363,014.85

2,637.50

62.50

800.00

1,900.00

2,465.53

72.23

72.23

2,465.53

4,997.77

117.99

117.99

4,997.77

1,500.00

36.66

36.66

1,500.00

36,153.93 1,167.91 1,167.91

36,153.93

18,547.57

739.00

93.16

19,193.41

1,661.98

48.29

48.29

1,661.98

1,103.40

33.00

1,136.40

118,000.00 8,585.16 8,585.16

118,000.00

4,359.00

128.52

128.52

4,359.00

5,375.00

125.00

5,500.00

15,130.00

458.30

458.30

15,130.00

1,000.00

57.50

57.50

1,000.00

1,421.34

35.93

1,457.27

427.28

8.37

435.65

1,000.00

1,000.00

12,907.00

649.53

448.99

13,107.54

11,790.07

311.83

311.83

11,790.07

25,000.00

918.50

918.50

25,000.00

242,202.17 6,410.50 6,410.50

242,202.17

2,343.50

65.84

65.84

2,343.50

637.05

15.73

652.78

32,317.05 1,802.89

263.76

33,856.18

15,970.76

540.55

453.70

16,057.61

290,516.22 8,286.26

5.00

298,797.48

500.00

12.55

512.55

200.00

200.00

102.79

2.50

2.50

102.79

1,000.00

34.50

34.50

1,000.00

850.00

35.56

35.56

850.00

140,135.26 4,416.74 4,416.74

140,135.26

45,016.94 3,704.90 2,244.68

46,477.16

27,700.64 2,494.33

30,194.97

2,558.71

93.93

2,652.64

2,574.49

94.74

2,669.23

2,365.00

161.76

61.76

2,465.00

56,194.82 1,652.78

57*847.60

86

UNIVERSITY OF GEORGIA STATEMENT OF TRUST FUND BALANCE BY FUNDS (CONTINUED)

ENDOWMENT FUNDS (CONTINUED) George Foster Peabody Phelps - Stokes Fellowship Benjamin Z. Phillips - Law A. W. Reed Memorial H. L. Richmond Fellowship Horace B. Russell Edward 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 Willcox - Prize Cecil Willcox - Loan TOTAL ENDOWMENT
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 Shephard F. Bryan Bernice F. Bullard
Asa Candler Charles H. Candler Carroll County Dawson Chamber1in-Johns on-DuBose Charlton County Dawson Chatham County Dawson A. F. Churchill Memorial C. & S. National Bank

Balance Beginning Of Year

Additions

Balance End of Deductions Year

$

475.00

17,815.31

14,671.28

4,974.84

31,184.11

1,913.13

9,770.25

4,675.17

4,180.71

57,394.30

20,130.00

13,787.16

3,553.00

107,699.63

1,245.00

2,000.00

2.500.00

$2.454.648.41

$ 14.62 415.81 828.04 148.90 913.36 55.00 763.88 77.25 115.31 876.25 685.41 562.81 306.00
8,593.03 36.25 52.50 66.26
$95.376.24

$ 14.62 $

475.00

333.33

17,897.79

434.04

15,065.28

5,123.74

500.00

31,597.47

55.00

1,913.13

100.00

10,434.13

4,752.42

90.00

4,206.02

876.25

57,394.30

685.41

20,130.00

378.85

13,971.12

306.00

3,553.00

1,907.68 114,384.98

1,281.25

52.50

2,000.00

66.26

2.500.00

$49.743.15 $2.500.281.50

$

579.00 $ 55.00 $

$

634.00

727.18

15.05

742.23

435.98

11.00

446.98

1,500.49

35.74

1,536.23

1,739.17

55.54

1,794.71

227.05

5.00

232.05

522.97

15.50

538.47

1,692.04

46.00

1,738.04

181.12

4.25

185.37

1,077.94

17.76

1,095.70

195.25

5.37

200.62

479.97

10.62

490.59

1,027.03

10.50

1,037.53

599.08

29.74

628.82

399.43

8.75

408.18

18,504.26 4,695.06 3,452.85

19,746.47

1,091.68

836.42

121.68

1,806.42

25.70

25.70

393.42

10.25

403.67

4,393.71

986.70

991.13

4,388.28

287.05

6.73

293.78

303.10

5.00

308.10

336.78

8.00

344.78

700.12

18.75

718.87

173.26

3.75

177.01

284.13

6.25

290.38

6,988.49 1,251.98 3,072.21

5,168.26

17,563.43

593.37

18,156.80

87

UNIVERSITY OF GEORGIA STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

LOAN FUNDS (CONTINUED) Junior League - Atlanta J. B. Keough Clyde L. Jr. & John King Kirkwood P.T.A. Joseph Rucker Lamar Landscape Architecture F. E. Lanier Laurens County Dawson F. A. Lipscomb Arthur Lucas Joseph H. Lumpkin McIntosh County Dawson Macon County Dawson Mr. & Mrs. T. 0. Marshall R. H. Martin Meriwether County Dawson Moina Michael Thomas E. Mitchell - Georgia Thomas E. Mitchell - Coord. Moon Muscogee County Dawson R. C. Neely C. T. Nunnally Hubert Owens Scholarship J. Carroll Payne Phi Delta Phi B. Z. Phillips Law Scholarship J. T. Pittard Memorial Clifford Pratt Memorial A. Wc Reed Memorial Bertha Rich Richmond County Boys Richmond County Girls E. Rivers James D. Robinson Rockdale County Dawson S. D. V. Fraternity Sale City Dawson Savannah District Dawson John D. Simmons Hoke Smith State Home Demonstration Students Student Veterans Mark Sullivan Sumter County Dawson Boys Sumter County Dawson Girls Tattnall County Dawson

Balance Beginning Of Year

Additions

Balance End of Deductions Year

$

309.17 $

3,25 $

$ 312.42

291.03

6.25

297.28

595.86

456.45

200.54

851.77

331.43

9.00

340.43

6,391.14

918.50 1,500.00

5,809.64

825.76

13.79

839.55

43.31

43.31

500.29

11.25

511.54

65.84

65.84

. 154.62

1.87

156.49

965.77

506.78

186.85

1,285.70

2,291.42

56.99

2,348.41

1,012.29

27.38

1,039.67

1,179.59

37.41

1,217.00

272.65

4.37

277.02

363.78

10.25

374.03

629.00

17.75

646.75

7,683.72 2,388.78 3,537.22

6,535.28

16,781.51

68.34 4,072.14 12,777.71

115.00

3.04

37.50

80.54

632.03

16.49

648.52

627.50

19.50

647.00

175.67

3.12

178.79

886.00

415.00

1,301.00

916.59

27.13

943.72

53.13

1.75

54.88

983.53

455.97

394.00

1,045.50

415.00

415.00

821.00

821.00

150.00

150.00

170.36

3.69

174.05

1,605.22

48.25

1,653.47

1,270.03

33.62

1,303.65

293.01

7.25

300.26

285.76

6.24

292.00

409.04

6.25

415.29

173.05

3.75

176.80

1,155.04

24.00

1,179.04

287.85

5.00

292.85

241.37

5.00

246.37

612.70

19.00

631.70

999.30

29.38

1,028.68

1,706.65

8.84

1,715.49

624.84

10.50

635.34

184.62

2.50

187.12

2,803.07

83.01

1*886.08

1,884.31

51.00

1,935.31

426.30

12.50

438.80

88

UNIVERSITY OF GEORGIA STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

LOAN FUNDS (CONTINUED) Class of 1926 Obadiah Lewis Cloud Mrs. J. H. Cloudman Cobb County Dawson Lucy Cobb Institute 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. R. W. McCurry D.A.R. Lila N. Jelks D.A.R. Edgar Gilmer Dawson DeKalb County Dawson William Stark Denmark Eugene and Harry Dodd Druid Hills Memorial J. C. Dukes - Home Economics J. C. Dukes - Agriculture J. C. Dukes - Business Administration Early County Dawson Elbert County Dawson Epsilon Sigma Pi Exchange Club of Atlanta W. W. Findley Lucy H. Fischer Charles W. Ford Forestry Loan 4-H Club Scholarship 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 C. Harris Frank Hawkins A. L. Hull Memorial James H. Hunt Jasper County Dawson Mrs. Graham Johnson Bess D. Jones Sallie Maude Jones

Balance Beginning Of Year

Additions

Balance End of Deductions Year

$

325.41

5,506.60

367.09

279.55

24.00 43.88 67,181.95 2,456.12 13,919.48 1,919.83 638.29 705.89 351,420.55 760.09 474.94 45.00 182.43 1,424.31 1,693.18 1,422.17 100.84 797.15 83.89 310.78 3,413.16 1,417.24 943.03 1,153.76 2,570.50 95.77 652.22 633.09 15,392.05 11,207.38 4,649.05 271.88 309.16 740.27 598.88 789.42 469.24 18.08 131,565.78 308.96 474.73 316.08 4,055.92

$

8.12

150.19

8.13

6.74

2,678.39

11,604.27 77.63
364.00 132.99 36.66
16.75 9,775.88
9.50 100.00 48.29
1.87 34.56 38.22 34.25
.75 19.25
1.25 6.62 126.82 36.91 18.00 23.03 63.22
14.44 17.38 440.17 287.50 126.38
9.38 18.00 12.50 20.30

3,799.00 6.50 12.24 9.01
1,440.50

$ 60.00 88.36
14,388.93 3.64 7.50
1,577.97 338.76
2.07 2,415.00

$

333.53

5,596.79

375.22

286.29

2,590.03

24.00

43.88

64,397.29

2,533.75

14,279.84

2,045.32

674.95

722.64

359,618.46

769.59

236.18

93.29

184.30

1,458.87

1,731.40

1,456.42

101.59

816.40

85.14

317.40

3,539.98

1,454.15

961.03

1,176.79

2,633.72

95.77

666.66

650.47

15,832.22

11,494.88

4,775.43

271.88

318.54

758.27

611.38

809.72

469.24

18.08

135,362.71

315.46

486.97

325.09

3,081.42

89

UNIVERSITY OF GEORGIA STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Balance Beginning Of Year

Additions

Balance End of Deductions Year

LOAN FUNDS (CONTINUED) Telfair County Dawson Thomas County Dawson Berryman T. Thompson Meldrim Thompson Max Thurmond Memorial Toombs County Dawson Frances C. Tucker Leila Bates Tye Ware County Dawson Washington County Dawson Louis Wellhouse C. P. Whitehead Whitfield County Dawson Cecil Willcox Robert Woodruff Ida Young TOTAL LOAN FUNDS
MISCELLANEOUS FUNDS Georgia 4-H Club Foundation-General Georgia 4-H Club Foundation-Mills Bee Lane Georgia 4-H Club Foundation-Rock Eagle Georgia 4-H Club Foundation-Negro Camp Georgia 4-H Club Foundation-University of Georgia Home TOTAL MISCELLANEOUS FUNDS

$

10.00 $

$

230.68

2.37

$

10.00

233.05

7,372.90

413.80

188.29

7,598.41

272.99

3.83

276.82

1,503.46

9.96

1,513.42

122.50

2.50

125.00

25,619.05

82.41 7,304.59

18,396.87

1,138.10

37.50

1,175,60

280.14

7.75

287.89

385.97

10.75

396.72

1,555.37

104.33

1,659.70

1,087.98

34.25

1,122.23

606.55

12.36

618.91

124.29

66.26

120.00

70.55

377.86

11.25

389.11

5.105.14

165.65

5.270.79

$ 803.059.19 $48,075.67 $44,061.23 $ 807.073.63

$ 2,619.69 $ 6,204.58 $ 1,182.61 $ 7,641.66

40.99

40.99

10,455.73

10,455.73

100.00

100.00

$ 13.216.41 $ 6.204.58 $11,638.34 $ 7.782.65

Schedule E-2

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1955

ENDOWMENT FUNDS Bonds, U. S. Treasury Bonds, State and Municipal Bonds, State Hospital Authority Bonds, University System Building Authority Stocks, Common Real Estate, Athens Real Estate, Atlanta Loans on Fraternity Homes Loans - University of Georgia Buildings Loans - Mi Hedge Annex Wings Loan - Clarke Howell Wings Loans - Rutherford and Mary Lyndon

Book Value

Market Value

$ 822,800.00 $ 796,644.36

132,000.00

33,933.20

113,625.00

117,505.40

515,461.50

542,871.00

20,454.65

37,206.00

11,400.00

25,000.00

3,500.00

6,000.00

29,600.03

29,600.03

162,825.53

162,825.53

252,611.04

252,611.04

261,064.30

261,064.30

52,953.95

52,953.95

90

UNIVERSITY OF GEORGIA
SUMMARY OF TRUST FUND INVESTMENTS (CONTINUED)
ENDOWMENT FUNDS (CONTINUED) Loans - Alpha Chi Onega Home Real Estate Notes Savings Accounts - Athens Federal Savings & Loan Assn. Amortization - Loss on Sale of Bonds TOTAL ENDOWMENT FUNDS
STUDENT LOAN AND MISCELLANEOUS FUNDS Bonds, U. S. Treasury Bonds, State Hospital Authority Bonds, University System Building Authority Stocks, Common Loans on Fraternity and Sorority Homes Loans - University of Georgia Buildings Loan - Milledge Annex Wings Loan - Clarke Howell Wings Loan - Alpha Chi Onega Home Loan - H. H. Hinton Property Loan - Catholic Student Center Loan - North Georgia College Loan - Georgia State College Loan - Students Savings Account - Athens Federal Savings & Loan Assn. TOTAL STUDENT LOAN & MISCELLANEOUS FUNDS
TOTAL TRUST FUND INVESTMENTS

Book Value

Market Value

$ 49,,000.00 11,,351.51 1,,828.14 7,.133.80
$2x M L .609.45

$ 49,,000.00 11,,351.51 1,,855.55 7,,133.80
$2,,387,,555.67

$ 118,,380.00 $ 115,,484.75

41,,375.00

43,,028.10

44,,438.50

46,,615.00

1.00

78,,327.80

78,,327.80

86,,233.85

86,,233.85

81,,491.58

81,,491.58

322.60

322.60

53,,000.00

53,,000.00

11,,526.19 12,,150.05

11,,526.19 12,,150.05

32,,417.49

32,,417.49

21,,358.48

21,,358.48

153,,792.77

153,,792.77

2,,678.14

2,,718.31

737,,493.45 $ 738,,466.97

,185,,102.90 $3,,126,,022.64

Schedule E-2-1

DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1955

STATE AND MUNICIPAL BONDS Atlanta, City of Muscogee, County of Savannah, City <f Savannah, City of Savannah, City of Georgia, State of Constitutional Debt
TOTAL STATE AND MUNICIPAL BONDS

Rate of Maturity Interest Date

3% 4%% 4%%

7-1-56 4-1-56 12-15-59 8-1-55 8-1-59

Book Value

Market Value

$ 1,000.00 $ 1,024,60

2,000.00

2,041.00

1,000.00

1,026.20

1,000.00

1,000.00

27,000.00

28,841.40

100.000.00

132.000.00 $ 33.933.20

91

UNIVERSITY OF GEORGIA DETAIL OF ENDOWMENT FUNDS - BONDS (CONTINUED)

U. S. TREASURY BONDS Series F Series F Series F Series G Series F Series G Series F Series F Series F Series G Series G Series F Series G Series F Series G Series F Series F Series G Series F Series G Series F Series G Series G Series G Series F Series F Series F Series G Series G Series G
TOTAL U. S. TREASURY BONDS
STATE HOSPITAL BONDS Revenue Bonds Revenue Bonds Revenue Bonds
TOTAL STATE HOSPITAL BONDS
UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1951

Rate of Maturity Interest Date

Book Value

Market Value

2.53% 2.53% 2.53% 2^% 2.53% 2J$ 2.53% 2.53% 2.53% 2J% 2^% 2.53% 2J$ 2.93%
m>
2.53% 2.93% 2$ 2.93% 2$6 2.93% 2^% 2^% 25% 2.93% 2 7/8% 2.93% 2% 2^% 2f%

6-1-55 7-1-55

$ 1,000.00 $ 1,000.00

1,325.00

1,325.00

10-1-55

200.00

196.00

11-1-55

52,000.00

51,584.00

11-1-55

50.00

49.00

1-1-56

39,150.00

38,601.90

2-1-56

50.00

48.10

4-1-56

1,800.00

1,731.60

6-1-56

350.00

336.70

6-1-56

37,000.00

36,482.00

7-1-56

10,850.00

10,654.70

7-1-56

200.00

189.00

12-1-56

33,825.00

33,216.15

12-1-56

1,000.00

960.00

1-1-57

1,000.00

979.00

2-1-57

38,100.00

35,394.90

5-1-57

175.00

161.00

6-1-57

1,200.00

1,174.80

6-1-57

100.00

92.00

6-1-57

14,255.00

13,955.65

8-1-57

50.00

45.00

8-1-57

500.00

488.00

2-1-58

500.00

486.50

8-1-58

407,750.00

395,517.50

10-1-59

740.00

637.14

3-15-60

1,000.00

820.00

12-1-60

740.00

627.52

3-1-61

75,390.00

71,997.45

6-1-61

100,000.00

95,500.00

12-15-72-67

2.500.00

2.393.75

i- 822.800.00 JL 796.644.36

354%

4-1-61

$ 50,000.00 $ 51,725.00

3%

4-1-62

50,000.00

51,530.00

3^%

4-1-66

13.625.00

14.250.40

$ 113.625.00 $ 117.505.40

3J$ 3^% 3$6 3$6 3Jf% 3J$ 3%

5-1-66 5-1-67 5-1-74 5-1-75 5-1-76 5-1-77 6-1-77

$ 125,000.00 $ 131,187.50

125,000.00

131,612.50

30,000.00

31,686.00

30,000.00

31,800.00

30,000.00

31,800.00

30,000.00

31,800.00

8,761.50

8,850.00

92

UNIVERSITY OF GEORGIA DETAIL OF ENDOWMENT FUNDS - BONDS (CONTINUED)

Rate of Maturity Interest Date

UNIVERSITY SYSTEM BLDG. AUTH. BONDS (CONTINUED)

Series 1953

3)$

Series 1953

3)$

Series 1953

3)$

Series 1953

35$

Series 1953

35$

TOTAL UNIV. SYSTEM BLDG. AUTH. BONDS

TOTAL BONDS

5-1-78 5-1-79 5-1-80 5-1-81 5-1-82

Book Value

Market Value

$ 30,000.00 $ 31,800.00

30,000.00

31^800.00

30,000.00

31,500.00

28,700.00

30,135.00

18.000.00

18.900.00

i- 515.461.50 $ 542.871.00 $1,583,886.50 $1,490,953.96

Schedule E-2-2

DETAIL OF ENDOWMENT FUNDS - COMMON STOCKS For Year Ended June 30,, 1955

COMMON STOCKS American Telephone and Telegraph Company Blanchard and Booth Land Company of Florida Perkins Hosiery Mills General Motors Corporation Socony - Vacuum Oil Company United States Steel Corporation
TOTAL COMMON STOCKS

Book Value

Market Value

94 shares 54 share 5 shares 96 shares 52 shares 130 shares 120 shares

$ 11,188.20 $ 17,190.25 1.00

1.00

1.00

2,651.60

5,674.50

3,819.29

7,816.25

2.792.56

6.525.00

$ 20.454.65 $ 37.206.00

Schedule E-2-3

DETAIL OF LOAN FUNDS - BONDS For Year Ended June 30, 1955

U. S. TREASURY BONDS Series G Series G Series G Series G Series F Series G Series G Series G
TOTAL U. S. TREASURY BONDS

Rate of Maturity Interest Date

Book Value

Market Value

25$ 25$ 25$ 25$ 2.53% 25$ 25$ 25$

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

$ 38,000.00 $ 37,6%.00

850.00

838.10

14,150.00

13,895.30

9,175.00

9,009.85

4,900.00

4,552.10

10,745.00

10,519.35

15,950.00

15,471.50

24.610.00

23.502.55

JL 118.380.00

115.484.75

93

UNIVERSITY CF GEORGIA DETAIL OF LOAN FUNDS - BONDS (CONTINUED)

STATE HOSPITAL AUTHORITY BONDS Revenue Bonds Revenue Bonds
TOTAL STATE HOSPITAL AUTHORITY BONDS
UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Series 1951 Series 1953 Series 1953 Series 1953
TOTAL UNIV. SYSTEM BUILDING AUTH. BONDS
TOTAL BONDS

Rate of Maturity Interest Date

3$6

4-1-65

3$6

4-1-66

4%

6-1-77

3^%

5-1-81

3^%

5-1-82

3J$

5-1-83

Book Value

Market Value

$ 15,000.00 $ 15,442.50

26.375.00

27.585.60

L 41.375.00 J L 43.028.10

$ 1,138.50 $ 1,150.00

1,300.00

1,365.00

12,000.00

12,600.00

30.000.00

31.500.00

i_ 44.438.50

46.615.00

$ 204.193.50 $ 205.127.85

Schedule E-2-4

DETAIL OF LOAN FUNDS - COMMON STOCK For Year Ended June 30, 1955

COMMON STOCK Pittsburg Placer Gold Mine Company
TOTAL COMMON STOCK

Book Value

Market Value

200 shares i_ 1-

1.00 J _ 1.00 $

Schedule E-3

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS For Year Ended June 30, 1955

RECEIPTS INVESTMENTS REALIZED
Loan - Univ. of Ga. Buildings Loan - Clarke Howell Wings Loan - Mi Hedge Annex Wings Loan - Rutherford Hall Loan - Mary Lyndon Hall Loan - Georgia State College Loan - North Georgia College Loan - Catholic Student Center Loan - H. H. Hinton Property Loans - Fraternity & Sorority Homes

Endowment Funds

Loan Funds

Miscellaneous Funds

Total

$ 27,084.49 $ 17,360.84 $

6,428.40

7.92

6,208.14

2,002.72

387.43

658.62

1,336.16

987.60

469.93

589.75

2,432.91

4,412.56

$ 44,445.33 6,436.32 8,210.86 387.43 658.62 1,336.16 987.60 469.93 589.75 6,845.47

94

UNIVERSITY OF GEORGIA STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (CONTINUED)

Endowment Funds

Loan Funds

Miscellaneous Funds

Total

RECEIPTS (CONTINUED) INVESTMENTS REALIZED (CONTINUED)
Sale of Real Estate Profit on Sale of Real Estate Real Estate Notes Bonds Matured Amortization - Loss on Bonds Sale - General Motors Rights Student Notes
TOTAL INVESTMENTS REALIZED
INCOME FROM TRUSTS Interest on Bonds Interest - Univ. of Georgia Bldgs. Interest - Clarke Howell Wings Interest - Milledge Annex Wings Interest - Rutherford Hall Interest - Mary Lyndon Hall Interest - Georgia State College Interest - North Georgia College Interest - Catholic Student Center Interest - H. H. Hinton Property Interest - Fraternity & Sorority Homes Interest - Real Estate Note Interest - Savings Accounts Dividends Rents Interest - Student Notes
TOTAL INCOME FROM TRUSTS
FUND TRANSFERS To From
NET TRANSFERS
MISCELLANEOUS Gifts Recoveries - Student Notes Miscellaneous
TOTAL MISCELLANEOUS
TOTAL RECEIPTS Cash Balance July 1, 1954
TOTAL RECEIPTS AND CASH BALANCES

$ 3,645.00 $

$

2.855.00

148.49

9,000.00

1.149.00

9.38

25.920.94

$ 60.006.86 $ 53.088.42 $

$ 3.645.00 2.855.00 148.49 9,000.00 1.149.00 9.38
25.920.94
$ 113.095.28

$ 49,819.68 $ 5,835.07 $

5,697.32

3,107.84

8,024.78

9.92

7,764.60

2,504.80

700.00

1,190.00

680.84

1,002.15

567.90

385.25

1,316.24

2,948.45

160.36

51.14

26.52

1,600.50

1,918.62

225.50

3.419.38

$ 78.243.24 $ 20.713.62 $

$ 3,000.00

55,654.75 8,805.16 8,034.70 10,269.40 700.00 1,190.00 680.84 1,002.15 567.90 385.25 4,264.69 160.36 77.66 1,600.50 5,144.12 3.419.38

3.000.00 $ 101.956.86

$ 11,718.03 $ 20,994.97 $ 3,204.58 $ 35,917.58

20.994.97 11.718.03

11.055.73

43.768.73

$(-09,276.94 $ 9.276.94 $ (-)7.851.15 $ (07.851.15

$ 300.00 $ 6,009.70 $

339.87

42.21

17.51

$ 6,309.70 339.87
59.72

$ 342.21 $ 6.367.08 $

$ 6.709.29

$129,315.37 $ 89,446.06 $ <-)4,851.15 $ 213,910.28

2.597.62 123.551.42

13.216.41

139.365.45

$131,912.99 $212,997.48 $ 8.365.26 $ 353.275.73

95

UNIVERSITY OF GEORGIA STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (CONTINUED)

DISBURSEMENTS INVESTMENTS
Loan - Alpha Chi Omega Deposit in Savings Account Student Loans General Motors Stock Loan - Pi Kappa Alpha
TOTAL INVESTMENTS
EXPENSES OF TRUST Salary of Trustee Repairs Insurance Charges - Sale of Real Estate Transfers to University of Georgia Transfers to Other Schools Scholarships (4-H Club) Collection Costs Miscellaneous
TOTAL EXPENSES OF TRUST
TOTAL DISBURSEMENTS
Cash Balance June 30, 1955
TOTAL CASH BALANCE AND DISBURSEMENTS

Endowment Funds

Loan Funds

Miscellaneous Funds

Total

$ 49,000.00 $ 53,000.00 $

51.14

2,678.14

55,984.00

150.00

3.500.00

$ 52.701.14 $111,662.14 $

$ 102,000.00 2,729.28
55,984.00 150.00
3.500.00
$ 164.363.28

$ 900.00 $

$

266.46

10.00

971.30

20,570.68 31,450.35

3,008.36

800.00

194.59

13.00

110.22

$ 582.61

900.00 266.46
10.00 971.30 52,021.03 3,008.36 800.00 194.59 705.83

$ 26.539.80 $ 31.755.16 $ $ 79,240.94 $143,417.30 $

582.61 _1_ 58.877.57 582.61 $ 223,240.85

52.672.05 69.580.18______ 7.782.65

130.034.88

$131.912.99 $212.997.48 $ 8.365.26 $ 353.275.73

Schedule F

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted - General Auxiliary Continuing Education TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS

Cash Balance July 1. 1954

Receipts

Cash Balance Disbursements June 30. 1955

$ 217,636.81 $3,538,898.11 $3,321,164.88 $ 435,370.04

295,386.30

763,722.21

792,822.20

266,286.31

158,170.56 1,246,253.46 1,279,490.57

124,933.45

(-)1.835.93

378.474.44

339.655.06

36.983.45

$ 669.357.74 $5,927,348.22 $5,733,132.71 $ 863.573.25

$ 336.649.23 $1,265,756.41 $1,236,533.56 $ 365,872.08

$1,444,492.13 $ 953.309.39 $ 992.118.41 $1,405,683.11

96

UNIVERSITY OF GEORGIA STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

Cash Balance July 1. 1954 Receipts

Cash Balance Disbursements June 30. 1955

TRUST FUNDS Miscellaneous Endowment Loan TOTAL TRUST FUNDS
TOTALS

$ 13,216.41 $ 6,204.58 $ 11,638.34 $ 7,782.65

2,597.62

179,162.01

129,087.58

52,672.05

123.551.42

177.848.55

231.819.79

69.580.18

139.365.45 $ 363.215.14 __ 372.545.71 $ 130.034.88

$2.589.864.55 $8.509.629.16 $8.334.330.39 $2.765.163.32

SUMMARY Cash and Cash Balances 90-Day Treasury Bills Citizens & Southern National Bank-Savings Certificates Citizens & Southern National Bank Natuonal Bank of Athens Cash on Hand

$ 498,255.83 1,508,043.50 105,300.00 449,689.20 73.839.91

$2,635,128.44

Trust Funds National Bank of Athens Citizens & Southern National Bank, Atlanta Cash on Hand

$ 2,989.86 122,767.15 4.277.87

130.034.88

TOTAL

$2.765.163.32

Schedule G

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Alpha Gamma Rho Alpha Phi Otaega Alpha Tau Omega Alpha Tau Omega Building Fund Alumni Society Art Auction Art Exhibit Atlanta Constitution Bacteriology Breakage Biology Breakage Breakage - General Bureau Business Research Chemistry Breakage Commemorative Plates Community Concerts Commutations Conferences & Institutes
Cosmopolitan Club

Cash Balance

Cash Balance

July 1. 1954 Receipts______ Disbursements June 30. 1955

$

555.92 $ 2,226.00 $ 2,619.92 $

162.00

50.00 699.49

1,763.00

50.00 1,955.10

507.39

500.00

500.00

355.00

355.00

1,197.19

3,033.55

1,775.29

2,455.45

2.81 115.00

100.00

101.13

1.68 115.00

186.95 117.61

27.17 18.00

191.73 129.00

22.39 6.61

12,324.53

9,938.00

8,5%. 94

13,665.59

54.91

54.91

7,361.75 872.90

5,800,69 45.32
10,051.53

4,656.69 10,051.53

8,505.75 918.22

20,300.56

33,973.60

40,154.26

14,119.90

10,189.74

56,520.99

54,773.56

11,937.17

75.67

66.24

9.43

97

UNIVERSITY CF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

Danforth Chapel Com. Delta Kappa Gamma Demonstration School Cafeteria Employees Retirement Executive Development Prog. Experimental Forestry Faculty Flowers Family Life, Conference Farm Short Course Federal Housing Project Forestry Camp Founders Memorial Garden G.E.B. Southern Educational Film G-10 Boland Fund G-10 Sesquicentennial Georgia Power Company Georgia Power Company Rights Gift for Pharmacy Jean Grougrou John Hancock Insurance H. Hirsch Hall Fund Home Ec. School Lunch Home Management Homecon Club Industrial Arts Interfraternity Council Intramural Kappa Alpha Laundry Lectures M.S.A. Short Course Machado Bros. Foundation Military Deposits Model Fees Mortar Board Movie Project Music 9th & 10th District Science Fair Panhellenic Council PhD Thesis Phi Epsilon Pi Physics Breakage Pi Kappa Alpha Pi Kappa Phi Portrait Account Psychological Corp. Public Occasions Reed Hall Council Religious Activities Reserve for Red & Black
Royal Indemnity Company

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance For Year June 30. 1955

$

$ 13,605.79 $

4.75

$ 13,605.79 4.75

2,623.41

27,028.01

26,582.22

3,069.20

120.60

1,414.40

1,417.60

117.40

551.72

551.72

247.39

3,480.26

2,334.35

1,393.30

7.87

55.00

26.10

36.77

23.53

100.00

123.53

1,814.56

13,324.17

2,661.86

12,476.87

12,823.36

2,864.64

15,688.00

1,008.45

791.30

778.63

1,021.12

357.23

700.00

228.61

828.62

4,301.91

4,744.03 25.00

1,176.26 10.00

7,869.68 15.00

4,821.25

934.76

3,886.49

11.01

3.40

7.61

150.00

150.00

128.66

128.66

778.00

778.00

7,413.29 2,652.54

13,756.88 50.00

21,170.17 1,395.22

1,307.32

1,905.08

198.43

1,827.40

276.11

819.88

9,383.70

9,263.37

940.21

5.50

5.50

508.54 4,599.33

2,171.23 10,039.37

2,285.32 10,759.87

394.45 3,878.83

552.90

4,537.26

4,722.69

367.47

1,633.20

4,896.00

6,510.30

18.90

2,471.00

60,271.16

60,188.23

2,553.93

222.96

800.00

450.00

572.%

1,186.44

1,186.44

2,200.00

2,000.00

200.00

38,457.63

92,384.34

95,143.27

35,698.70

31.81 96.99

89.50 1,244.58

113.75 1,162.34

7.56 179.23

1,886.78

4,268.00

3,576.17

2,578.61

16,963.67

13,669.86

18,376.30

12,257.23

270.00

172.18

97.82

1;399.64

2,383.51

2,099.03

1,684.12

509.60

400.00

50.00

859.60

491.98

2,305.00

1,722.00

1,074.98

1,028.62

146.95

881.67

54.00

2,338.08

2,334.79

57.29

748.00

1,220.02

1,538.02

430.00

182.20

182.20

229.92

229.92

1,467.44

1,467.44

1,471.81

1,390.52

81.29

2,136.33

9,570.97

6,303.70

5,403.60

4,727.15

467.68

4,259.47

5.00

5.00

98

UNIVERSITY OF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

Sales Tax - Animal Husbandry Sales Tax - Bureau Business Research Sales Tax - Creamery Sales Tax - Dining Halls Sales Tax - Exper. Forestry Sales Tax - Horticulture Sales Tax - Meat Curing Sales Tax - Poultry Sales Tax - Press Sales Tax - Printing Sales Tax - Student Union Sales Tax - University Stores Shorter Fund Sigma Chi Building Fund Sigma Delta Tau Sigma Nu House Sigma Pi Southern Reg. Poultry Breeding Proj. Special Air Forece State Home Demonstration Student Activities - Director Student Activities - General Student Clubs Student-Faculty Teas Student Fund - Dean's Office Student Papers Student Union Study of Georgia Negro Tau Epsilon Phi Building Fund Tech Dance Account Traffic Fine Typing Veterans Thesis Unallocated University Band University Theatre S. G. Van Oppenwray Vending Machine Vet. Hygiene Breakage Vet. Medicine Library Vocational Rehabilitation White House Conference Womans Student Government Workshop Lunchroom
Sub-Total
Retirement Social Security Withholding Tax
TOTALS

Cash Balance July 1. 1954

Receipts For Year

Disbursements Cash Balance For Year June 30. 1955

$

.32 $

15.33 $

14.43 $

1.22

18.27

16.06

2.21

28.09

4,344.37

4,321.11

51.35

10.49

3.90

14.39

2.75

15.90

12.73

5.92

6.32

159.89

156.27

9.94

171.35

152.00

167.61

155.74

.04

.04

45.94

77.50

72.53

50.91

298.08

296.17

1.91

13.67

123.23

122.77

14.13

88.18

9,159.59

9,014.33

233.44

127.92

200.00

325.16

2.76

11,514.20

11,514.20

196.86

1,850.00

1,203.14

843.72

2,338.48

4,383.50

6,329.32

392.66

48.82

372.46

265.18

156.10

16,745.78

700.00

15,454.03

1,991.75

409.67

150.00

259.67

158.14

121.63

36.51

154.%

2,000.00

1,999.92

155.04

45,497.95

112,658.%

112,624.53

45,532.38

109.00

1,750.00

1,600.50

258.50

90.34

46.65

43.69

368.47

2,675.30

1,651.64

1,392.13

4,040.32

20,750.00

20,750.00

4,040.32

6,987.32

19,538.06

10,770.64

15,754.74

175.00

175.00

850.00

29.00

821.00

3,402.00

3,402.00

565.03

4,833.12

3,349.51

2,048.64

96.76

616.59

576.07

137.28

433.34

433.34

125.81

3,519.99

3,446.19

199.61

3,681.46

4,859.60

4,126.31

4,414.75

651.00

651.00

212.54

212.54

86.03

6.85

92.86

.02

527.20

165.00

692.20

345.65

380.00

380.00

345.65

59.75

59.75

38.60

38.60

151.68

312.50

31.48

432.70

$ 259.626.30 $ 647.542.22 $ 624.422.52 $' 282.746.00

$ 21,488.36 $ 157,893.54 $ 156,360.43 $ 23,021.47

3,151.1!

34,450.71

34,288.34

3,313.48

52.383.46

425.869.94

421.462.27

56.791.13

$ 336,649.23 $1,265,756.41 jfl .236.533.56 f 365.872.08

99

UNIVERSITY OF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

SUMMARY OF DISBURSEMENTS Transfer to General Disbursement
TOTAL

Cash Balance July 1. 1954

Receipts For Year

Schedule H

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Disbursements Cash Balance For Year June 30. 1955
$ 1,866.36 1.234.667.20
$1,236,533.56

BALANCE, BEGINNING OF YEAR
ADDITIONS Rents-Admin. & Gen. (Gilbert Mem. Inf.) Rents-Costa Bldg. Rents-General Refund-Univ. System Bldg. Auth. - Arch. Fees Gifts W. K. Kellogg Found.-For Cont. Educ. Building Alpha Chi Omega Phi Delta Theta Fire Loss Sale of Equipment Interest on Temp. Investment-Kellogg Interest on Temp. Investment-Other
TOTAL INCOME
TRANSFERS FROM EDUC. & GENERAL For Science Lab. For Continuing Education For Peabody Annex For Forestry Building
TOTAL TRANSFERS FROM EDUCATION & GENERAL
TRANSFERS FROM AGENCY FUNDS For Barrow S.C.S.
TOTAL TRANSFERS FROM AGENCY FUNDS
TRANSFERS FROM AUXILIARY ENTERPRISES For Vet. Housing Shop & Office For Debt Service
TOTAL TRANSFERS FROM AUXILIARY FUNDS

Plant Additions

Debt Service

Total

$1,444,491.32 $

.81 $1,444,492.13

$

$ 4,813.78 $ 4,813.78

2,951.27

2,951.27

8,121.61

8,121.61

20,015.00

20,015.00

500,000.00 50,000.00 72,159.41 10,762.01 606.00 9,166.67 26.556.27

500,000.00 50,000.00 72,159.41 10,762.01 606.00 9,166.67 26.556.27

!_ 697.386.97 $ 7.765.05 $ 705.152.02

$ 11,952.71 $ 25,000.00 3,315.00 8.000.00
$ 48.267.71 J ___

$

600.00 $

i_

600.00 $

$ 11,952.71 25,000.00 3,315.00 8.000.00
$ 48.267.71

$

600.00

$

600.00

$ 18,000.00 $

$ 18,000.00

82.240.93

82.240.93

1_ 18.000.00 $82,240.93

100.240.93

100

UNIVERSITY OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

ADDITIONS (CONTINUED) TRANSFERS FROM TRUST FUNDS For Alpha Chi Omega
TOTAL ADDITIONS
DEDUCTIONS BUILDINGS & ADDITIONS TO BUILDINGS Alpha Chi Omega Continuing Education Center Lumpkin Street Mary Lyndon-Additions Memorial Hall Phi Delta Theta Poultry Disease Rutherford Hall-Addition Art Museum Stegeman Hall Science Center - Arch. Fees American Legion
TOTAL BUILDINGS & ADDITIONS
IMPROVEMENTS OTHER THAN BUILDINGS Gas Main Heating System Paving Parking Lots
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Band Mary Lyndon Law Law School Other Chapel Memorial Hall Gilbert Memorial Infirmary
TOTAL EQUIPMENT
TOTAL EXPENDITURES FOR PLANT ADDITIONS
REPAIRS (Not Capitalized) Academic Building Architects Fees & Plans Electrical Engineers Fees Barrow Hall Chapel Chapel - Equipment

Plant Additions

Debt Service

Total

$ 102.000.00 $

$ 102.000.00

L 866.254.68 $90,005.98 _JL 956.260.66

$ 119,884.73 $ 309,577.78 18,019.17 30,736.46 121,047.86 39,171.25 144.60 17,248.35 2,820.20 82,398.57 2,800.00 78.344.00
L . 822.192.97 J _____

$ 119,,884.73 309,,577.78 18,,019.17 30,,736.46 121,,047.86 39,,171.25 144.60 17,,248.35 2,,820.20 82,,398.57 2,,800.00 78, 344.00
$ 822, 192.97

$

219.74 $

122.85

3.620.35

3.962.94 J _____

$

219.74

122.85

3.620.35

$ 3.962.94

$

864.81 $

1,183.38

1.50

417.93

999.95

2,060.79

10.000.00

$

864.81

1,183.38

1.50

417.93

999.95

2,060.79

10.000.00

$ 15.528.36 $__________ $ 15.528.36

$ 841.684.27 $

$ 841.684.27

$

356.83 $

1,388.80

600.00

5,680.55

690.00

$

356.83

1,388.80

600.00

5,680.55

690.00

101

UNIVERSITY OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) REPAIRS (Not Capitalized)(Continued) Connor Hall Forestry Gilbert Memorial Infirmary Law - Graduate Dormitory Library - South Branch Mary Lyndon - Rutherford Peabody Hall Annex Poultry Disease Science Lab Terrell Hall Other Lumpkin Street Property
TOTAL REPAIRS
DEBT SERVICE Interest on Indebtedness Indebtedness Retired
TOTAL DEBT SERVICE
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Plant Additions

Debt Service

Total

$ 9,184.85 $ 11,730.60 676.00 626.70 1,259.00 2,365.83 10,315.00 1,222.04 1,225.59 395.48 14,418.56 1.243.60
$ 63.379.43 _J__

$ 9,184.85 11,730.60 676.00 626.70 1,259.00 2,365.83 10,315.00 1,222.04 1,225.59 395.48 14,418.56 1.243.60
$ 63.379.43

$

$29,162.60 $ 29,162.60

60.843.38

60.843.38

$

$90,005.98 $ 90.005.98

$ 905.063.70 $90,005.98 $ 995.069.68

$1,405,682.30 $

.81 $1,405,683.11

Schedule H-l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Balance

Balance

July 1. 1954____ Transfers_______Receipts Disbursements June 30. 1955

LAND

Dossier Property

$

Wood - Fleming Property

BUILDINGS Vet. Medicine Library Architects Fees Lumpkin St. Property

37.00 $ 308.19
4,124.31 2,808.89
511.10

(-)37.00 $ (-)308.19
17,700.00

$

$

18,019.17(1)

4,124.31 2,808.89
191.93

(1) 898 S. Lumpkin $ 56.61

1334 S. Lumpkin

198.00

1390 S. Lumpkin 17.764.56

$18,019.17

102

UNIVERSITY CF GEORGIA STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1954____ Transfers

Balance Receipts__Disbursments June 30. 1955

BUILDINGS (CONTINUED)

Memorial Hall

! 119,985.00 $

1,062.86 $

$ 121,047.86 $

American Legion Sheep Barn Poultry Disease Stegeman Hall

77,000.00 16.83
348.71 140,061.95

1,344.00 (-)8,500.00

78,344.00
144.60 82,398.57

16.83 204.11 49,163.38

Bussey House-Jackson St. Art Museum Kellogg Center-Kellogg Kellogg Center-Other Kellogg Center-State Mary Lyndon-Trust

7,000.00 60,000.00
200,000.00 599,740.00
33,351.90

(-)7,000.00

500,000.00

30,000.00

9,166.67

(-)1,200.00

2,820.20
1,105.38 308,472.40
30,736.46

57,179.80 500,000.00 238,061.29 291,267.60
1,415.44

Rutherford Trust Sei. Center-Arch. Fees Alpha Chi Omega

17,248.35

13,952.14 102,000.00

50,000.00

17,248.35 2,800.00
119,884.73

11,152.14 32,115.27

Phi Delta Theta

72,159.41

39,171.25

32,988.16

Vet. Housing Shop and Office

18,000.00

18,000.00

Gas Main Heating System Paving Parking Lots Stadium Wall Kellogg Center-Landscaping

7,914.08 122.85 120.35

EQUIPMENT Gilbert Mem. Infirmary Law - State Law School-Other Printing Band Memorial Library Mary Lyndon - Trust Chapel

10,000.00 2.95
1,918.27 297.55 865.61
.61

REPAIRS State Conner Gilbert Law Library-Air Cond. Law Dormitory Library Mary Lyndon-Rutherford Terrell Arch. Fees & Plans Elec. Engr. Fees

9,184.85 676.00
5,275.00 626.70
1,259.00 2,500.00
395.48 405.50 3,730.37

3,500.00 5,000.00 70,000.00
(-)297.55 19,985.00
(-- ).61 1,200.00

219.74 122.85 3,620.35
10,000.00 1.50
417.93
864.81 2,060.79
1,183.38 999.95

7,694.34
5,000.00 70,000.00
1.45 1,500.34
.80 17,924.21
16.62 (-)999.95

9,184.85 676.00
626.70 1,259.00 2,365.83
395.48 356.83 1,388.80

5,275.00
134.17 48.67
2,341.57

103

UNIVERSITY OF GEORGIA STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

REPAIRS (CONTINUED) Chapel Equipment Science Lab. Other Barrow S.C.S. Chapel Lumpkin St. Property 165 Waddell Poultry Forestry Chapel Picture Peabody Annex
Sub-Total
UNALLOCATED BLANCE
TOTAL PLANT FUNDS

Balance July 1. 1954 Transfers

Receipts

Balance Disbursements June 30. 1955

$

$

19,591.31

(-)35.50 1,222.04

$

$

11,952.71

600.00

1,600.00 3,500.00

8,000.00 10.315.00

8,800.00

690.00 1,225.59 14,418.56
600.00 5,680.55 1,243.60
1,222.04 11,730.60
10.315.00

i (-)690.00 10,727.12 5,172.75
(-)5,680.55 320.90
3,500.00
(-)3,730.60 8,800.00

$1,328,615.25 $ 302.368.36 $640,126.08 $ 905.063.70 $1,366,045.99

$ 115.876.88 J& Z )133.500.65 $ 57.260.89 $

$ 39.637.12

$1,444,492.13 $ 168.867.71 $697,386.97 $ 905.063.73 $1,405,683.11

Schedule H-2 VALUE OF PLANT JULY 1, 1954

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Expended from Continuing Education Expended from Auxiliary Enterprises Expended from University System Building Authority
TOTAL ADDITIONS

VALUE OF PLANT JULY 1, 1954 PLUS ADDITIONS
DEDUCTIONS DURING YEAR Sale of Equipment
VALUE OF PLANT JUNE 30, 1955
DEDUCT PLANT INDEBTEDNESS Due to University of Georgia Trust Fund Due to Medical College of Georgia Trust Funds Equity of University System Building Authority

NET INVESTMENT IN PLANT

$18,981,311.01

$ 841,684.27 211,391.17 7,820.05 32,720.64 236.632.98
1.330.249.11
$20,311,560.12

606.00 $20,310,954.12

$ 994,762.60 4,740.25
3.729.013.81

4.728.516.66

$15.582.437.46

104

Schedule H-3

UNIVERSITY OF GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment

Year

Beginning of

Acquired Year________

Additions

LAND

37 Acres

1804

$

13 Acres

1937-38

13 Acres (Jackson St.) 1937-42

7 Acres (Prince Ave.) 1949

College of Agriculture

150 Acres

1928

Coordinate Campus 40 Acres 1860

55,500.00 $ 19,500.00 31,388.00
7,000.00
45,000.00 45.600.00

TOTAL CAMPUS

$ 203.988.00 $

Off-Campus 150 Acres (Denmark)* 870 Acres **
1875 Acres (Whitehall) 462 Acres (Hardman) 607 Acres (Watson) 120 Acres (Wood-Fleming)

1914 1928 1936 1936 1933 1953

$

7,500.00 $

32,650.00

17,570.00

2,500.00

9,000.00

13.858.31

TOTAL OFF-CAMPUS

$ 83.078.31 $

TOTAL LAND

$ 287.066.31 $

Investment End of Deductions Year______

$

$ 55,500.00

19,500.00

31,388.00

7,000.00

45,000.00 45.600.00

_ J _____ _____ _ 203.988.00

$

$

7,500.00

32,650.00

17,570.00

2,500.00

9,000.00

13.858.31

$ 83.078.31

$ 287.066.31

This tract brought by Denmark Dining Hall and later deeded to the trustees.
This acreage was composed of over 50 small parcels of land bought with the assistance of Georgia Foster Peabody, by the Trustees of the Alumni Association and deded to the University in 1928 in a single deed.

105

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

B. BUILDINGS

Franklin Campus

Academic Am. Legion Property Art Classroom Athletic Office

1904 1955 1948 1929

$ 180,270.01 $

$

78,344.00

24,144.35

1,000.00

Baldwin Hall

1938

287,872.74

Boiler Room Brown Dormitory

1948 1932

2,565.00 150,000.00

Bus. Admin. Annex Candler Hall

1948 1901

29,622.05 101,356.71

Chapel Chemistry Annex Clarke Howell Clarke Howell Wings Commerce-Journalism Continuing Education

1855 1948 1937 1951 1927 1955

40,000.00 48,360.44 46.888.00 283,638.33 524,646.12

309,577.78

Costa Building Demosthenian Hall Denmark Hall Field House A Field House B Fine Arts Garage & Shop Graduate Dormitory Greenhouse Hirsch Law Infirmary (Gilbert) Language 6 Letters LeConte Hall Library-Peabody Library-Art Museum Lumpkin House Library-Annex Lumpkin House Annex Lustrate House Meigs Hall Memorial Hall Memorial Hall Additions Memorial Hall Military Building Mi Hedge Hall Student Union

1824 1901 1929 1929 1941 1942 1940 1948 1932 1942 1938 1937 1903 1955 1850 1948 1950 1947 1905 1923 1955 1953-54 1931 1921-39

25,146.25 15.000. 00 50.000. 00
2,000.00 1 ,0 00.00 365,200.00 13,811.38 70.600.00 19,038.59 175,522.48 256,866.26 148.000. 95.300.00 159,694.66
11,828.07 43,137.34
800.00 11, 0 0 0 .0 0 60,000.00 386,721.52
20.015.00 25.000. 00 150.000.
5,760.00

00 2,820.20
246,497.90 00

Ilah D. Little Memorial Library (B.A.)
Mi Hedge Annex Mi Hedge Annex Wings Moore College New College

1953 1940 1951 1874 1823

1,867,816.45 92.000. 00
362,221.23 78,366.29 83,125.65

2,230.28

$ 180,270.01

78.344.00 24,144.35
1 ,0 00.00

287,872.74

2,565.00

150,000.00

29,622.05

101,356.71

40.000. 00

48,360.44

46.888.00

283,638.33

524,646.12

309,577.78

25,146.25

15.000. 00

50.000. 00

2 ,000.00
1,000.00

365,200.00

13,811.38

70.600.00

19,038.59

175,522.48

256,866.26

148.000.

00

95.300.00

159,694.66

2,820.20

11,828.07

43,137.34

800.00
11, 000.00

60,000.00

386,721.52

246,497.90

20.015.00

25.000. 00

150.000.

00

5,760.00

1,870,046.73 92.000. 00
362,221.23 78,366.29 83,125.65

106

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired of Year

Additions

Investment End of Deductions Year

B. BUILDINGS (CONTINUED)

Franklin Campus (Cont.)

Old College

1801

Peabody Hall

1913

Phi Delta Theta

1955

Phi Kappa Hall

1834

Printing Shop

1951

Reed House

1807

Reed House (Bldg. Auth.) 1953

Residence-325 Jackson 1937-42

Residence-365 Jackson 1942

Residence-375 Jackson 1937-42

Residence-385 Jackson 1937-42

Residence-393 Jackson 1937-42

Residence-297 Jackson 1937-42

Science Center

1955

Stegeman Hall

1943

Stegeman Hall

1953-54

Storeroom-Jackson

1938

Strahan House

1856

Terrell Hall

1904

Woodruff Hall

1924

Warehouse-Jackson St. 1951

Lumpkin St. Property

1952-54

$ 101,356.72 $ 101,087.11
10,000.00 14,702.74 5,000.00 1,081,821.54 3,000.00 4,500.00 3,500.00 3,000.00 2,500.00
2,500.00
438,000.00 134,938.05
2,000.00 12,802.48 90,000.00 75,000.00 6,000.00 109.063.90

$ 39,171.25
2,800.00 82,398.57 18.019.17

TOTAL FRANKLIN CAMPUS

$ 8.516.107.46 $ 781.859.15 $

President's House

$ 117.876.82 $

$

College of Agriculture

AAA Building

1940

Abattoir

1948

Barracks (Fain) A

1942

Barracks (Dudley) B

1942

Barracks (Griggs) C

1942

Barrow Hall

1911

Barrow Hall Annex (B.A.) 1955

Alpha Chi Omega

1955

Barrow Hall-Shop

1936

Boiler House A

Boiler House B

1942

Boiler House C

1948

Cafeteria (Snelling)

1940

Camp Wilkins

1925

Cavalry Barn

1920

Cavalry Barn

1926

Cavalry Barn Annex

1936

Cavalry Office (Shack) 1930

$ 50,000.00 $

$

13,500.00

60,000.00

30,000.00

30,000.00

75,000.00

93,223.13

119,884.73

8,000.00

5,000.00

5,000.00

9,000.00

133,000.00

40,000.00

7,500.00

1,000.00

600.00

500.00

$ 101,356.72 101,087.11 39,171.25 10,000.00 14,702.74 5,000.00
1,,081,821.54 3,000.00 4,500.00 3,500.00 3,000.00 2,500.00 2,500.00 2,800.00
438,000.00 217,336.62
2,000.00 12,802.48 90,000.00 75,000.00 6,000.00 127.083.07
$ 9.,297.966.61
$ 117.876.82
$ 50,000.00 13,500.00 60,000.00 30,000.00 30,000.00 75,000.00 93,223.13
119,884.73 8,000.00 5,000.00 5,000.00 9,000.00
133,000.00 40,000.00 7,500.00 1,000.00 600.00 500.00

107

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

BUILDINGS (CONTINUED)

College of Agriculture (Cont.)

Cavalry Blacksmith Shop 1920

Conner Hall

1908

Dairy Products

1930

Dawson Hall

1932

Demonstration School

1953

Field House

1943

Food ProcessingiCanning) 1934

Food Processing(Meat)

Forestry

1940

Garage {fear Poultry Bldg.,1913

Garage Near 1195 Lumpkin

Greenhouse (Veg. and

Flowers)

1914

Greenhouse (Rsch.)

1948

Hardman Hall

1919

Hoke Smith Ext.

1938

Home Management A

1940

Home Management B

1940

Home Management C

1940

Home Management D

1940

Kellogg Center

1954

Laundry

1942

Dry Cleaning Plant

1942

Boiler Room

1942

Gas House

1942

Repair Shop

1942

Lumpkin Hall

1829

Myers Hall (Bldg. Auth.) 1953

Mary Lyndon Hall

1937

Mary Lyndon Hall

1954

Nursery School

1940

Paint & Janitor Shop

1919

Physical Education

1929

Plant Pathology

1915

Poultry

1913

Poultry Disease

1953-54

Residence-1195 Lumpkin

Boiler Room-Rear Poultry 1913

Residence-Near

1195 Lumpkin

1945

Residence-223 Burnet St. 1929

Residence-225 Burnet St. 1929

Residende-245 Burnet St. 1929

Livestock Shelter

RQTC Classroom

1947

Rutherford Hall

1939

Rutherford Hall

1954

$

400.00 $

$

200,000.00

120,716.00

187,035.85

13,012.60

54,336.61

3,000.00

52,190.75

122,000.00

200.00

200.00

5,300.00 46,227.01 45,000.00 78,300.00 15,000.00 15,000.00 15,000.00 15,000.00
260.00 30,500.00
4,500.00 2,000.00
500.00 500.00 10,000.00 1,313,889.41 102,400.00 648.10 35,000.00 500.00 153,262.76 15,000.00 15,000.00 3,651.29 3,000.00 200.00

30,736.46 144.60

800.00 1,000.00 1,000.00 1,000.00 4,999.99 15,390.00 143,500.00 2,751.65

17,248.35

$

400.00

200,000.00

120,716.00

187,035.85

13,012.60

54,336.61

3,000.00

52,190.75

122,000.00

200.00

200.00

5,300.00 46,227.01 45,000.00 78,300.00 15,000.00 15,000.00 15,000.00 15,000.00
260.00 30,500.00
4,500.00 2,000.00
500.00 500.00 10,000.00 1,313,889.41 102,400.00 31,384.56 35,000.00 500.00 153,262.76 15,000.00 15,000.00 3,795.89 3,000.00 200.00

800.00 1,000.00 1,000.00 1,000.00 4,999.99 15,390.00 143,500.00 20,000.00

108

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

B. BUILDINGS (CONTINUED)

College of Agriculture (Cont.)

Sheep. Barn

1953-54 $

5,028.17 $

$

Shop-Grounds

2,000.00

Soule Hall

1919

125,000.00

Univ. Stores

1943

3,500.00

Veterinary Building

1947

16,614.00

Veterinary Clinic #1

1948

18,000.00

Veterinary Clinic #2

1948

12,015.20

Veterinary Medicine

1948-53

1,970,218.69

Warehouse, AAA Bldg.

1940

2,000.00

Warehouse *1 on R.R.

1948

9,000.00

Warehouse #2 on R.R.

1948

9,000.00

Warehouse

1952

22.000.00

TOTAL COLLEGE OF AGRICULTURE

$ 5.511.648.08 $ 261.237.27 $

Farms

2 houses, Potato

Curing Agri.

1941

2 houses, Potato Curing 1941

1 house, Instrument

1941

1 house, Tool House

1941

1 house, 10 x 16

1946

1 house, Experiment

1 house, Experiment

Barn-Dairy-Animal Husb. 1915.

Barn-Hog-Animal Husb.

Barn-Horse-Animal Husb.

Barn-Isolation-Animal

Husbandry

1923

Barn-Mule-Animal Husb. 1934

Bullpen-Animal Husbandry 1934

Implement Shed-Animal

Husbandry

1920

Office-Foreman*s- Animal

Husbandry

1927

Residence A-Carlton Ave.

Residence B-Carlton Ave. 1915

Residence Duplex-

Animal Husbandry

1912

Residence A - Near Dairy

Barn

1912

Residence C - Near Dairy

Barn

1915

Residence - Near Railroad

1909

Scale Shed - Animal

Husbandry

1929

$

400.00 $

680.00

50.00

200.00

400.00

1,000.00

300.00

40,000.00

1,500.00

4,000.00

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

$ r;\

$

5,028.17

2,000.00

125,000.00

3,500.00

16,614.00

18,000.00

12,015.20

1,970,218.69

2,000.00

9,000.00

9,000.00

22.0C0.00

$ 5.772 885.35

$

400.00

680.00

50.00

200.00

400.00

1,000.00

300.00

40,000.00

1,500.00

4,000.00

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

109

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

B. BUILDINGS (CONTINUED)

Farms (Continued)

1 Brooder House,16x18 1940

$

1 Brooder, 18 x 16

1940

1 Brooder House, 16 x 46 1940

1 Brooder House, 16 x 18 1940

6 Brooder Houses,14 x 16 1940

6 Brooder Houses,12 x 14 1940

3 Brooder Houses,15 x 16 1940

3 Brooder Houses,16 x 20 1940

2 Brooder Houses,20 x 20 1940

1 Brooder & Inc. Bldg. 1940

1 Brooder House, 24 x 11 1943

1 Feed & Lab. Bldg.

1942

Grading & Packing-Poult. 1942

Killing & Dressing-Poult.

59 Laying Test Buildings

12 x 14

3 Laying Houses, 20 x 50

1 Laying House, 20 x 50

6 Laying Houses, 14 x 24

1 Laying House, 12 x 14

10 Range Houses, 11 x 12

1 Residence - Poultry

Hardeman Mem. Forest

Dwelling

1936

Barn - Forestry

1936

Oconee and Denmark

Barn-Hort icu1ture

1936

Cabin - Forestry

1936

5 Dwellings-Horticulture 1944

Garage & Shed - Hort.

1936

Log Cabin-Forestry Machine Shed & Shop -

Horticulture

1938-39

Nursery Bldg.-Forestry

Residence B - Near Dairy

Barn

1912

Office - Horticulture 1935

Storage Shed - Hort.

1941

Sweet Potato House-Hort. 1942

Veg. Grading House

1943

atson Springs

Barn-Forestry

1933

Cottage-F orestry

1933

House-Forestry

1933

Storage House-Forestry 1933

Store House 2 -

Forestry

1933

1,100.00 $ 1,200.00
600.00 250.00 1,200.00 900.00 525.00 600.00 450.00 8,000.00 5,000.00 7,000.00 800.00 3,000.00
14,750.00 3,000.00
400.00 1,800.00
200.00 350.00 3,000.00
400.00 100.00
2,000.00 200.00
10,000.00 600.00 400.00
700.00 600.00
900.00 300.00 600.00 1,500.00 1,200.00
500.00 500.00 1,000.00 100.00
100.00

Investment End of Deductions Year

$

$

1,100.00

1,200.00

600.00

250.00

1,200.00

900.00

525.00

600.00

450.00

8,000.00

5,000.00

7,000.00

800.00

3,000.00

14,750.00 3,000.00 400.00 1,800.00 200.00 350.00 3,000.00

400.00 100.00

2,000.00 200.00
10,000.00 600.00 400.00

700.00 600.00

900.00 300.00 600.00 1,500.00 1,200.00

500.00 500.00 1,000.00 100.00

100.00

110

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

BUILDINGS (CONTINUED)

Whitehall

Barn-Agronomy

1936

Dwelli ng-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 1936

Tenant House C-Agronomy 1936

Tenant House D-Agronomy 1936

Tool House (Small) -

Agronomy

1936

Tool House (Large) -

Agronomy

1936

Barn A-Animal Husbandry 1936

Barn B-Animal Husbandry 1936

Barn, Feed & Scales

1936

4 Hog Houses

1936

5 Hog Houses

1936

2 Tenant Houses

1936

2 Tenant Houses

1936

Barn, Brick-Forestry

1936

Dwelling Brick-Forestry 1936

House #l-Forestry

1936

House ^2-Forestry

1936

House #3-Forestry

1936

House ^4-Forestry

1936

Shed-Forestry

1936

Barn-Poultry

1936

Dwelling A-Poultry

1936

Dwelling B-Poultry

1936

Garage-Poultry

1936

Laying House, 24x110

1936

Laying House, 20 x 130 1936

20 Range Houses, 10 x 10 1936

4 Range Houses,,22 x 34 1936

Remodeled Poultry House 1936

Shop - Poultry

1936

Smokehouse-Poultry

1936

TOTAL FARMS

TOTAL INVESTMENT IN BLDGS.

IMPROVEMENTS OTHER THAN BLDGS. Streets & Sidewalks Lighting System

$

1,000.00 $

$

500.00

200.00

50.00

15.00

15.00

2,000.00

1,000.00

400.00

300.00

30.00

400.00 300.00 500.00 1,500.00 2,000.00 125.00 2,000.00 3,000.00 600.00 5,500.00 600.00 450.00 500.00 450.00 300.00 2,000.00 4,000.00 1,400.00
20.00 1,200.00 1,200.00
400.00 300.00 1,200.00
20.00 40.00

$ 172.870.00 $

$

$14,318,502.36 $1,043,096.42 $

$ 282,068.29 $

$

38,730.42

$

1,000.00

500.00

200.00

50.00

15.00

15.00

2,000.00

1,000.00

400.00

300.00

30.00

400.00 300.00 500.00 1,500.00 2,000.00 125.00 2,000.00 3,000.00 600.00 5,500.00 600.00 450.00 500.00 450.00 300.00 2,000.00 4,000.00 1,400.00
20.00 1,200.00 1,200.00
400.00 300.00 1,200.00
20.00 40.00

$ 172.870.00

$15,361,598.78

$ 282,068.29 38,730.42

111

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

C. IMPROVEMENTS OTHER THAN BUILDINGS. Heating System Water System Landscaping Presidents Home Pastures & Fences Tennis Courts Paving Parking Lots Gas Mains TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Administrative Physical Plant Library Library (Bldg. Auth.) Instructional Department Instructional (Bldg. Auth.) Organized Research Extension Dormitories Dormitories (Bldg. Auth.) Dining Halls President's House Printing Press Bookstore Store Room V. R. A. Farm Cow Testing Continuing Education
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 219,890.36 $ 15,000.00 13,095.19 6,942.20 20,000.00 9,879.65 25.085.92
$ 630.692.03 $

122.85 $
3,620.35 219.74
3.962.94 $

$ 220,013.21 15,000.00 13,095.19 6,942.20 20,000.00 13,500.00 25.305.66
$ 634.654.97

$ 67,956.33 $ 8,649.31 $

135,712.75

16,932.39

1,082,775.49

65,743.99

116,164.29

13,242.79

1,392,076.54

108,591.86

2,486.74

233,564.29

20,921.16

130,631.78

4,897.44

177,085.09

10,852.42

197,577.44

73,070.67

2,816.22

7,045.88

38,648.23

647.90

2,991.16

31,016.65

19,587.48

8,070.50

2,773.42

46,628.01

1,261.79

7.820.05

606.00

$ 76,605.64 152,645.14
1,148,519.48 129,407.08
1,500,062.40 2,486.74
254,485.45 135,529.22 187,937.51 197,577.44
75,886.89 7,045.88
39,296.13 2,991.16
50,604.13 8,070.50 2,773.42
46,628.01 1,261.79 7.820.05

$ 3.745.050.31 $ 283.189.75 $ 606.00 $ 4.027.634.06

$18,981,311.01 $1,330,249.11 $ 606.00 $20.310.954.12

112

PART III THE UNIVERSITY OF GEORGIA - AGRICULTURAL EXTENSION SERVICE
ATHENS, GEORGIA
Schedule I - Schedule N-2
113

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule I

BALANCE SHEET June 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank

$ 57,418.88

TOTAL GENERAL

$ 57,418.88

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED

26,383.89 4.155.99

30.539.88

TOTAL CURRENT FUNDS

$ 87,958.76

III AGENCY FUNDS Temporary Investments

77,628.90

III.

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

$ 66,904.08 25.231.17 $ 92,135.25

B. EXPENDED Equipment 4-H Club - Rock Eagle

$ 151,114.78 1.976.761.32

TOTAL EXPENDED

2.127.876.10

TOTAL PLANT FUNDS

2.220.011.35

TOTAL ASSETS

$2.385.599.01

I. CURRENT FUNDS A. GENERAL Surplus

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
BALANCE SHEET June 30, 1955
LIABILITIES

*I

B. RESTRICTED

Ii

Fund Balances

$ 57,418.88 30.539.88

TOTAL CURRENT FUNDS II. AGENCY FUNDS
Fund Balances III. PLANT FUNDS
A. UNEXPENDED Fund Balances
B. EXPENDED Invested in Plant

$ 87,958.76 $ 77,628.90 $ 92,135.25 2.127.876.10

TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

2.220,011.35 $2.385.599.01

115

Schedule J

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
Counties Clarke County - Non-Offset Various Counties - Cooperative
United States Smith-Lever Clarke McNary-Forestry Research and Marketing
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Cotton Producers Assn. Ga. Inst. Gentico Mills B. Lane-For Sheep Production Peanut Club Prog. Farmer-For Visual Aids S. E. Aromatic Tobacco Company Tenn. Valley Authority Treutlen County Farm Bureau-For Visual Aids Various County Agents-For Visual Aids Williams-Waterman - Corn Meal Enrichment
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Cow Testing
TOTAL EDUCATIONAL AND GENERAL
TRANSFERS From College Experiment Station From General
TOTAL RECEIPTS

General Income

Restricted Income

Total Income

$ 4,351.31 $ 762,648.69 $ 767,000.00

4,510.00 598,402.66

176,081.61

4,510.00 774,484.27

1 ,,496,422.46 3,240.00 8.475.00

1 , 496,422.46 3,240.00 8.475.00

$607,263.97 $2,446,867.76 $3,054,131.73

$ 1,027.55 $ 1,200.00
206.01
316.67

$
12,800.00
650.00
30,924.40 20.00 60.00
3.000.00

1,027.55 1,200.00 12,800.00
206.01 650.00 316.67 30,924.40
20.00 60.00 3.000.00

$ 2.750.23 $ 47.454.40

50.204.63

$ 13.675.36 $ 13.675.36 $610,014.20 $2,507,997.52 $3, 118.011.72

$ 12,146.48 $ 12,146.48

3.000.00

3.000.00

$610,014.20 $2,523,144.00 $3,133,158.20

116

Schedule K

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

A. EDUCATIONAL & GENERAL EXTENSION State Offset State - Non-Offset County Offset County - Non-Offset Federal Smith-Lever Clarke-McNary Research & Marketing T.V.A. Visual Aid Corn Meal Enrichment Cow Testing Sheep Production Rock Eagle Operations TOTALS
TRANSFERS To Match Corn Meal Enrichment Exp. Sta. Ptg.
TOTAL DISBURSMENT

___________________ _____________ Object Classification________

Operating

Fund Classification

Salaries

General______Restricted______ & Wages

Supplies & Expense

Equipment

$ 51,903.74
598,402.66
1.181.67 $651,488.07

$ 761,732.12
176,081.61
1,4%, 273.90 3,240.00 6,025.84
30,337.93 959.%
7,175.98 13,351.11 4,532.10
$2,499,710.55

$ 580,871.11 14,401.71
176,081.61 598,402.66 1,215,866.31
3,240.00 4,802.15 26,429.97
6,050.04 9,207.68 3,541.70
735.00 $2,639,629.94

$180,861.01 35,285.13
266,717.83
1,070.69 3,907.06
812.38 1,394.94 3,797.93
990.40 446.67 $495,284.94

$ 2,216.90
13,689.76 153.00 147.58
(->269.00 345.50
$16,283.74

$ 3,000.00 $ ________________ 12.146.48
$654.488.07 $2.511.857.03

Schedule L

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1955

FUND Corn Meal Enrichment Cow Testing Counties - For Matching Experiment Stations Research & Marketing Sheep Production Smith-Lever-Federal State - For Matching T. V.A. U. S.D.A.-Clarke McNary Visual Aid TOTALS

Balance Beginning Of Year

Receipts For Year

Disbursements Balance

For

End of

Year

Year

$ 15,195.84 273.31
.77 (->4,742.46
4.369.46 $ 15,0%.92

$ 6,000.00 13,675.36
176,081.61 12,146.48 8,475.00 12,800.00
1,4%, 422.46 762,648.69 30,924.40 3,240.00 730.00
$2,523,144.00

$ 7,175.98 13,351.11
176,081.61 12,146.48 6,025.84 4,532.10
1,4%, 273.90 761,732.12 30,337.93 3,240.00 959.96
$2,511,857.03

$ 14,019.86 597.56
2,449.16 8,267.90
149.33 916.57 (->4,155.99
4.139.50 $ 26.383.89

Schedule M

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

FUND Archaeology Survey Emergency Hay Program Federal Retirement Federal Withholding Tax Four-H Club Construction Negro Four-H Construction Rock Eagle - Four-H Foundation Social Security State Teachers Retirement TOTALS

Balance Beginning Of Year

Receipts For Year

Disbursements Balance

For

End of

Year

Year

$ 4,054.83 $

25.63 $ 4,080.46 $

260,019.22

253,291.53

6,727.69

4,547.95

84,921.88

80,514.95

8,954.88

10,977.40

163,857.70

161,133.06 13,702.04

137,395.63

57,043.30

172,820.95 21,617.98

12,556.28

12,556.28

3,114.82

33,496.05

30,758.65

5,852.22

499.80

4,025.92

3,796.54

729.18

6.312.76

89.575.09

88.399.22

7.488.63

$166,903.19 $ 705.521.07 $ 794.795.36 $ 77.628.90

Schedule N

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

Cash

Receipts

Balance

For

July 1. 1954 Year

Disbursements Cash

For

Balance

Year

June 30. 1955

$ 101,892.75 $ 610,014.20 $ 654,488.07 $ 15.096.92 2.523.144.00 2.511.857.03
$ 116.989.67 $3,133,158.20 $3,166,345.10 $

57.418.88 26.383.89 83.802.77

$ 166.903.19 $ 705.521.07 $ 794.795.36 $ 77.628.90

$ 408.209.54 $ 486.671.99 $ 802.746.28 $ 92.135.25

$ 692.102.40 $4,325,351.26 $4,763,886.74 $ 253.566.92

BANK BALANCES

Citizens and Southern National Bank, Athens, Georgia General Checking Account Savings Account

$ 150,706.85 102.860.07

TOTAL

$ 253.566.92

Schedule N-l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BUILDINGS-4-H-Rock Eagle

Balance

Receipts

July 1. 1954 For Year

Disbursements Balance

For Year

June 30. 1955

$ 408.209.54 $ 486.671.99 $ 802.746.28 $ 92.135.25

118


Schedule N-2 f

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30t 1955

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

BUILDINGS

i ft

Rock Eagle 4-H Camp

J

EQUIPMENT

Extension

1953

$1.174.015.04 $802.746.28 $ $ 134.831.04 $ 16.283.74 $

$1.976.761.32 $ 151.114.78

TOTAL INVESTED IN PLANT

$1.3Qi8.846.08 $819.030.02 $. ....... $2.127.876.10

I*

I

f Ift-
if I 4
119

PART IV THE UNIVERSITY OF GEORGIA - ATLANTA DIVISION
ATLANTA, GEORGIA
Schedule 0 - Schedule U-l
121

UNIVERSITY OF GEORGIA ATLANTA DIVISION

Schedule 0

BALANCE SHEET JUNE 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL

Cash in Bank Accounts Receivable

245,148.08 20,742.94

TOTAL GENERAL FUNDS

$ 265,891.02

B. AUXILIARY Cash in Bank U. So Government Bonds Accounts Receivable Stores (Inventory) TOTAL AUXILIARY FUNDS

62,713.85 150,545.59
2,012.49 37.356.35

252.628.28

TOTAL CURRENT FUNDS

$ 518,519.30

II. AGENCY FUNDS Cash in Bank Notes Receivable TOTAL AGENCY FUNDS

$ 38,437.73 2.794.83

41,232.56

III. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 250.690.58

TOTAL UNEXPENDED
B. EXPENDED Land and Improvements Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 250,690.58
5 334,925.67 2,563,962.92
588.507.77 3.487.396.36 3.738,086.94 $4.297.838.80

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $4,031,000.

-0)
122

UNIVERSITY OF GEORGIA ATLANTA DIVISION

BALANCE SHEET JUNE 30, 1955
LIABILITIES

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

442.44 6,381.17 86,864.34 172.203.07
$ 265,891.02

B. AUXILIARY Accounts Payable Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

962.86 37,356.35 214.309.07

252.628.28 $ 518,519.30

II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS

$ 41.232.56

41,232.56

III.

PLANT FUNDS A. UNEXPENDED
Contracts to be Negotiated Contracts Negotiated Reserve for Purchase Of Gilmer St. Bldg. Funds Balances
TOTAL UNEXPENDED

15,761.72 54,500.00 150,000.00 30.428.86

$ 250,690.58

B. EXPENDED Equity of the University System Building Authority Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$1,202,589.25 2.284.807.11

3.487.396.36 3.738.086.94
$4.297.838.80

0>
.4 k

123

UNIVERSITY OF GEORGIA ATLANTA DIVISION

Schedule P

STATEMENT OF CURRENT INCOME For Year Ending June 30, 1955

I. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Private Music Lessons Summer Session

$ 38,352.25 605,503.43 2.690.00 114.291.07

TOTAL STUDENT FEES

$ 760,836.75

PUBLIC APPROPRIATION State of Georgia Regular Operations Plus: Amount Receivable 7-1-54

$ 510,000.00 34.677.92

TOTAL PUBLIC APPROPRIATION

544,677.92

OTHER SOURCES Institutes Miscellaneous Veteran Guidance Fees Gifts and Grants

$ 11,007.65 3,975.17 13,990.47 3.650.00

TOTAL OTHER SOURCES

32.623.29

TOTAL EDUCATIONAL AND GENERAL INCOME

$1.338.137.96

II. AUXILIARY ENTERPRISES BOOKSTORE

$ 167,149.01

OFFICE BUILDING RENTAL

53,515.19

REFECTORY

24.327.50

TOTAL AUXILIARY ENTERPRISE INCOME

244,991.70

NON-INCOME Previous Years Check Cancelled

________ 10,00

TOTAL AUXILIARY ENTERPRISES RECEIPTS

$ 245.001.70

TOTAL CURRENT INCOME

$1.583.129.66

Schedule Q

UNIVERSITY OF GEORGIA ATLANTA DIVISION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office Directors Office General Administrative Registrar's Office TOTAL ADMIN. & GENERAL
STUDENT WELFARE Dean of Students Alumni Office Placement Bureau TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Administrative Dean Art Biology Business Administration Chemistry Education English Geography & Geology History Journalism Mathematics Modern Languages Music Nursing Education Philosophy Physical Education Physics Political Science Psychology R.O.T.C. Sociology Speech and Drama Summer School Guidance and Counseling Dean of General Studies TOTAL INSTRUCTION

_____________________ Object Classification_______

Operating

Salaries

Supplies

Total_________ & Wages_____ & Expense Equipment

$ 24,925.87 $ 23,762.22 34,027.95 53.565.64
n 136.281.68 $

24,135.27 22,335.15
3,002.91 41.175.19 90.648.52

$ 751.97 1,050.89
30,886.17 11.600.29 $ 44.289.32

$ 38.63 376.18 138.87 790.16
$ 1.343.84

$ 16,106.94 $ 2,093.43 4.256.56
L 22.456.93 $
jL 138.991.57 $
60.029.67 $

15,393.02 $ 332.60 $

1,517.40

576.03

3.986.62

169.94

20.897.04 $ 1.078.57 $

381.32
100.00 481.32

74.279.29 $ 61.125.49 $ 3.586.79

37.471.27 $ 9.367.68 $13,190.72

$ 12,835.99 $ 11,768.91 $ 985.23 $ 81.85

14,232.89

13,022.15

1,000.54

210.20

35,645.19

33,129.18

1,477.36 1,038.65

281,171.57

274,167.40

5,372.73 1,631.44

18,922.07

14,444.38

3,172.68 1,305.01

7,956.88

7,664.56

251.45

40.87

83,415.01

83,048.84

366.17

10,764.18

10,596.79

154.65

12.74

35,873.93

35,704.68

169.25

6,816.08

6,699.%

116.12

51,388.84

51,349.80

39.04

18,328.42

18,232.92

95.50

26,873.07

25,711.90

984.13

177.04

13,601.88

12,717.25

662.33

222.30

8,795.58

8,705.82

89.76

12,118.02

11,018.34

599.68

500.00

10,523.49

7,934.46

277.53 2,311.50

17,385.05

17,249.14

135.91

27,849.64

27,3%. 88

402.76

50.0

5,249.95

4,256.25

676.85

316.85

21,868.46

21,631.92

%.l3

140.41

11,305.83

10,479.40

826. 43

94,439.76

94,396.66

43.10

8,021.67

6,404.40

1,601.31

15.%

11.914.43

9.181.38

2.452.52

280.53

H 847.297.88 _ L 816.913.37 $ 22.049.16 $ 8.335.35

UNIVERSITY OF GEORGIA ATLANTA DIVISION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

EDUCATIONAL & GENERAL (CONTINUED) RESEARCH EXTENSION
TOTAL EDUCATIONAL & GENERAL
TRANSFER TO: Plant Funds TOTAL EDUCATIONAL & GENERAL DISBUR.
AUXILIARY EXPENDITURES BOOKSTORE OFFICE BUILDING REFECTORY
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries & Waqes

Supplies & Expenses Equipment

$ 11.688.22 $ 7.165.35 $ 4.225.54 $ 297.33 $ 14.747.09 $ 13.916.50 $ 743.57 $ 87.02 $1,231,493.04 $1,061,291.34 $142,879.33 $27,322.37

$ 25.000.00 $1,256,493.04

$ 150,658.44 $ 7,228.11 $143,430.33 $

15,600.69

2,970.62 12,630.07

20.133.94

2.211.32 17.922.62

$ 186.393.07 $ 12.410.05 $173,983.02 $

$ 119.834.10 $ 306.227.17 $1,562,720.21

Schedule R

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

GENERAL AUXILIARY
TOTAL CURRENT FUNDS PLANT FUNDS AGENCY FUNDS
TOTAL

Cash Balance Julv 1. 1954

Receipts For Year

Disbursements Balance For Year June 30. 1955

$163,503.16 274.484.91
$437,988.07 $189,525.42
32.892.28

$1,338,137.96 $1,256,493.04 $ 245,148.08

245.001.70

306.227.17

213.259.44*

$1,583,139.66 $1,562,720.21 $ 458.407.52

$ 144,834.10 $ 83,668.94 $ 250,690.58

297.715.40

292.169.95

38.437.73

$660,405.77 $2,025,689.16 $1,938,559.10 $ 747.535.83

Includes U.S. Government Bonds in the amount of $150,545.59.

126

UNIVERSITY CF GEORGIA ATLANTA DIVISION
BANK BALANCES
FULTON NATIONAL BANK, ATLANTA Operating Account Student Promotion Office Building Account "Florence Noyes" Scholarship Fund
CITIZENS AND SOUTHERN NATIONAL BANK, ATLANTA Bookstore Music Fund Account Refectory
TRUST COMPANY OF GEORGIA Student Credit Union
TOTAL

$345,838.66 18,309.50 20,408.07 320.00

$384,876.23

$ 27,233.40 12,304.61 15.075.28

54,613.29

7.500.72 $446.990.24

Schedule S

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Balance Beginning Of Year

Receipts For
Year

Disburse ments
Of Year

Balance End ofv
Year

Student Credit Union Student Promotion Music Fund Account "Florence Noyes" Scholarship Fund Retirement Collections Withholding Tax Collections U. S* Savings Bonds Social Security Sales Tax R.O.T.C. "Commutation in Lieu of Uniform
TOTAL

$ 9,636.52 12,566.71 10,114.93 500.00
74.12

$ 76,681.93 41,828.42 8,872.28
36,043.52 117,389.41
1,331.25 1,420.93 4,315.24 9.832.42

$ 78,817.73 36,085.63 6,682.60 180.00 36,043.52 117,389.41 1,331.25 1,420.93 4,386.46 9.832.42

$ 7,500.72 18,309.50 12,304.61 320.00
2.90

$32.892.28 $297.715.40 $292.169.95 $38.437.73

Schedule T

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Funds for Plant Additions

BALANCE BEGINNING OF YEAR

$189,525.42

ADDITIONS Transfer from General Funds Transfer from Auxiliary Funds
TOTAL

25,000.00 119.834.10
$334,359.52

127

UNIVERSITY OF GEORGIA ATLANTA DIVISION
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
DEDUCTIONS Expended for Plant Additions Land and Buildings Administration Building - Additions and Improvements Gymnasium - Improvements New Library and Classroom Building
TOTAL DEDUCTIONS BALANCE, END OF YEAR

Funds for Plant Additions
$ 42 985 62 1 087.24 *357*80
39.238128
$ 83.668.94
$250.690.58

Schedule U VALUE OF PLANT, JULY 1, 1954

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

ADDITIONS:
Expended from Plant Funds Expended from Educational & General Funds and
Included in Current Expenditures Building and Contents Constructed by University
System Building Authority

VALUE OF PLANT, JUNE 30, 1955

LESS: Equity of University Svstem Building Authority

NET INVESTMENT IN PLANT, JUNE 30, 1955

Schedule U-l

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

$2,596,997.51

$ 83,668.94

27,322.37

779.407.54

890.398.85

$3,487,396.36

1.202.589.25

$2.284.807.11

LAND Campus Off Campus
TOTAL LAND
BUILDINGS Administration and Classroom Gymnas ium R.O.T.C. Office and Shops Armory

Investment Year Beginning Acauired Of Year

Additions

Investment End of Year

1945-54 $ 287,016.65 $ 42,985.62 $ 330,002.27

1945-47

4.923.40

4.923.40

1 _ 291.940.05 $ 42.985.62 $ 334.925.67

1945 1947 1951 1951

$ 579,161.69 $ 1,087.24 $ 580,248.93

44,424.13

44,424.13

14,050.70

14^050.70

16,547.34

16,547.34

128

UNIVERSITY OF GEORGIA ATLANTA DIVISION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) DeKalb Extension Gilmer Street Bldg. (Bldg. Auth.)
TOTAL BUILDINGS
C. EQUIPMENT Gilmer Street Bldg. (Bldg. Auth.) Gilmer Street Bldg. Administrative Offices Auditorium Instructional Departments Library Physical Plant Cafeteria Extension Research
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Year Beginning Acauired Of Year

Additions

Investment End of Year

1942 1955

$ 4,350.00 $

$ 4,350.00

1,.119.160.94 785.180.88 1.904.341.82

$1,777,694.80 $786,268.12 $2,563,962.92

$

$ 5,639.89 $ 5,639.89

27,825.05

27,825.05

63,120.03

1,825.16

64,945.24

15,049.98

357.80

15,407.78

170,275.39

8,335.35

178,610.74

247,427.73 13,190.72

260,618.45

17,923.53

3,586.79

21,510.32

13,115.00

13,115.00

450.5

87.02

537.97

297.33

297.33

$ 527.362.66 $ 61.145.11 $ 588.507.77 $2,596,997.51 $890,398.85 $3.487.3%.36

129

PAT V THE UNIVERSITY CF GEORGIA - EXPERIMENT STATION - GENERAL
ATHENS, GEORGIA
Schedule V - Schedule Z
131

UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL

Schedule V

BALANCE SHEET June 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & in Bank

TOTAL CURRENT ASSETS

TOTAL ASSETS

I. CURRENT FUNDS A. GENERAL Surplus
TOTAL CURRENT LIABILITIES
TOTAL LIABILITIES AND SURPLUS

LIABILITIES

$1,082.92 $1.082.92 $1.082.92
* $1,082.92
$1.082.92 $1.082.92

f

132

Schedule W
A. EDUCATIONAL AND GENERAL Public Appropriations State of Georgia Regular Operations TOTAL INCOME

UNIVERSITY CF GEORGIA EXPERIMENT STATION - GENERAL
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955
General Income

Restricted

Income

Total

S45.076.00 $45.076.00

$15.000.00 $60.076.00 $15.000.00 $60.076.00

Schedule X

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Fund Classification

General

Restricted

Object Classification

Salaries Operating

And Waaes

Supplies & Expense

EXPERIMENT STATION - GENERAL Administration - General
Transfer to Texas (Pink Boll Worm) Transfer to Fort Valley
TOTAL DISBURSMENTS

$36.667.85 J _________ $17.063.63 $19.604.22 $15,000.00
$ 9.599.44
$46.267.29 $15.000.00

Schedule Y

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted
TOTALS

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance

For Year

June 30. 1955

$ 2,274.21 $45,076.00 $ 46,267.29 $

15.000.00

15.000.00

$ 2.274.21 $60.076.00 $ 61.267.29 $

1,082.92 1.082.92

National Bank of Athens

BANK BALANCES

$ 1.082.92

133

Schedule Z Pink Boll Worm

UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1955

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance

For Year

June 30. 1955

$

$15,000.00 $15,000.00

$

134

PART VI THE UNIVERSITY OF GEORGIA - BRANCH EXPERIMENT STATION
ATHENS, GEORGIA
Schedule AA - Schedule EE-2

136

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
BALANCE SHEET June 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balances
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances

$ 572.83 48.71
4.152.83

$ 4,774.14

9.116.95 $ 13,891.09

$ 718.39

B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

421.635.88

422.354.27

$436.245.36

137

Schedule BB

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations
TOTAL PUBLIC APPROPRIATIONS
SALES AND SERVICE
RENTS
SALES - AMERICUS NURSERY
GIFTS - U.S.D.A. - AMERICUS NURSERY TOTAL EDUCATIONAL & GENERAL INCOME

General

Restricted

Income______ Income_____ Total

$110.149.00 $ ______ $110.149.00

$110,149.00 $

$110,149.00

$120,628.59 $

$120,628.59

$ 1.305.00

$ 1.305.00

$

$11,746.72 $ 11,746.72

$

$30,000.00 $ 30.000.00

$232,082.59 $41,746.72 $273,829.31

Schedule CC

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

EXPERIMENT STATION BRANCH Research
AMERICUS NURSERY
TOTAL EXPENSE
TRANSFER TO: Plant Funds
TOTAL DISBURSEMENTS

Fund Classification

General

Restricted

Object Classification

Operating

Salaries Supplies

& Wages

& Expense Equipment

$219,719.04 $

$85,319.19 $100,658.33 $33,741.52

$

$35,564.98 $13,462.70 $ 11.967.88 $10,134.40

$219,719.04 $35,564.98 $98,781.89 $112,626.21 $43,875.92

$ 17.600.00 $237,319.04

138

Schedule DD
CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS PLANT FUNDS
TOTAL

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955
Cash Balance Receipts July 1. 1954 For Year

Disbursement Cash Balance

For Year

June 30. 1955

$ 10.010. 59 S232.082.59 $ 237.319.04 $ 4.774.14

$ 2.935.,21 $ 41.746.72 $ 35.564.98

9.116.95

$ 12.945.,80 $273,829.31 $ 272.884.02 _J__ 13.891.09

$ 1.179..61 $ 17.600.00 $ 18.061.22 $

718.39

$ 14.125..41 $291,429.31 $ 290.945.24 $ 14.609.48

BANK BALANCES

National Bank of Athens

$ 14.609.48

Schedule EE

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended J u n H Balance Beginning Of Year Income

Expense

Balance End of Year

AMERICUS NURSERY SALES U.S.D.A. - AMERICUS NURSERY
TOTALS

$11,746.72 $11,746.72 $ . $2,935.21 $30,000.00 $23,818.26 $9,116.95 $2,935.21 $41,746.72 $35,564.98 $9,116.95

Schedule EE-1

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30. 1955

BALANCES, BEGINNING OF YEAR
ADDITIONS Transfers From Educational and General
TOTAL ADDITIONS
DEDUCTIONS Land Buildings Improvements Other Than Buildings TOTAL DEDUCTIONS
BALANCES, END OF YEAR

Funds for

Funds for

Plant Additions Debt Service Total

1.179.61 $

_____ $ 1.179.61

17.600.00 $

$

17.600.00 $

$17,600.00 $17,600.00

$

260.61 $

16,399.61

1.401.00

$

18,061.22 $

$ 260.61 16,399.61 1.401.00
$18,061.22

*

718.39 J ___________ $ 718.39

139

Schedule EE-2

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

LAND Branch Stations
Burke County Gordon County Gordon County Gordon County Sumter County
TOTAL LAND

468.75 Acres 144.3 Acres 32 Acres 57 Acres 455.35 Acres

BUILDINGS Southeast Branch Station
Superintendent's Home 3 Tenant Houses 2 Barns Machine Shed Foreman's Cottage Poultry House Poultry House Pump House Stock Pens & Scale Pit Commissary Dairy Barn & Feeding Shed 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 Warehouse Northwest Branch Station Foreman's House Machine Shed Barn Office Laying House Tenant House Tenant House Tenant House Dairy Barn Dairy Barn

Investment

Year

Beginninq

Acquired Of Year

Additions

Investment End of Deductions Year

1952 1952 1953 1954 1952

$ 17,060.00 $ 25,000.00 9,163.00 12,000.00 19.800.00
$ 83.023.00 $

$ 260.61 260.61 $

1952 1952 1952 1952 1952 1953 1954 1954 1954 1954 1954
1952 1952 1952 1952 1952 1952 1952 1953 1953 1953 1955
1952 1952 1952 1952 1952 1952 1953 1954 1953 1954

$ 14,949.20 $

$

11,606.62

3,042.82

2,504.36

4,491.55

10,028.34

5,500.00

248.00

1,495.81

1,620.33

10,500.87

15,319.12 7,076.40 2,212.10 7,504.55 3,636.00 1,000.00 3,000.00 4,340.48 71.26 529.84

7,000.00

6,000.00 1,722.47 3,097.53 2,663.23 2,731.91 1,759.20 4,077.27 1,388.47 5,569.42
84.00

$ 17,060.00 25,000.00 9,163.00 12,260.61 19.800.00
$ 83.283.61
$ 14,949.20 11,606.62 3,042.82 2,504.36 4,491.55 10,028.34 5,500.00 248.00 1,495.81 1,620.33 10,500.87
15,319.12 7,076.40 2,212.10 7,504.55 3,636.00 1,000.00 3,000.00 4,340.48 71.26 529.84 7,000.00
6,000.00 1,722.47 3,097.53 2,663.23 2,731.91 1,759.20 4,077.27 1,388.47 5,569.42
84.00

140

UNIVERSITY (F GEORGIA BRANCH EXPERIMENT STATION
. STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

--------- I n v e s t m e n t Investment

Year

Beginning

Acquired Of Year

i?nd of Additions Deductions Year

#*

B. BUILDINGS (CONTINUED)

Northwest Branch Station (Cont.) Poultry Brooder House Superintendent's House TOTAL BUILDINGS

1954 1955

$ 2,524.40 $

$

9.399.61

$142.295.55 $16.399.61 $

$ 2,524.40 9.399.61
$158.695.16

C. IMPROVEMENTS OTHER THAN BUILDINGS

Southeast Branch Station

Water System Fencing & Pastures

1952 1952

Other

!952

Southwest Branch Station

Water System Fencing & Pastures

1952 1952

Other

1952

Northwest Branch Station

Water System Fencing & Pastures

1952 1952

Other

1952

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 4,753.69 $

$

7.361.15

1.308.16 1,154.23

2,340.92 6,922.35 1,504.04

149.42 97.35

577.42 2,853.20
404.97 $ 28.025.90 $ 1.401.00 $

$ 4,753.69 7,361.15 2,462.39
2.490.34 6.922.35 1,601.39
577.42 2,853.20
404.97 $ 29.426.90

D. EQUIPMENT Research
TOTAL INVESTMENT IN PLANT

$106.354.29 $43.875.92 $ $359.698.74 $61.937.14 $ .-

$150.230.21 $421.635.88

*

141

PAT VII THE UNIVERSITY OF GEORGIA - COLLEGE EXPERIMENT STATION
ATHENS, GEORGIA
Schedule FF - Schedule KK-2
143

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule FF

BALANCE SHEET June 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & in Banks

$ 22,199.42

B. RESTRICTED Cash on Hand & in Banks

54.159.36

TOTAL CURRENT FUNDS

$ 76,358.78

PLANT FUNDS A. UNEXPENDED
Cash on Hand & in Banks

$ 43,554.65

B. EXPENDED Buildings Equipment Improvements Other Than Buildings TOTAL EXPENDED

$167,740.53 141,696.65 40.135.16

349.572.34

TOTAL PLANT FUNDS

393.126.99

TOTAL ASSETS

$469,485.77

LIABILITIES
CURRENT FUNDS A. GENERAL
Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL CURRENT FUNDS
PLANT FUNDS A. UNEXPENDED
Fund Balances
B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES & SURPLUS

$ 1,353.33 20.846.09 $ 22,199.42
54.159.36 $ 76,358.78
$ 43,554.65
349.572.34 393.126.99
$469,485.77

1 144

Schedule GG

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

General Income

Restricted

Income

Total

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Department of Agric. Forest Res. Bureau of Animal Industry - Air Sac U. S. Forest Service - Charcoal U. S. Forest Service - Grant U. S. Forest Service - Peabody TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS FROM PRIVATE SOURCES American Potash Company A.R.S. Farm Storage Chilean Nitrate Educ. Fund Continental Can Dow Chemical Company Potash Rock Company (Hybro-Tite) Georgia Forestry Commission G. P. F. E. Society Grace Chemical Company Georgia Power Company Gordon Foods Molybdenum Charles Pfizer Company - Vet Medicine Tennessee Corporation - Copper T. V. A. - Ag. Economics Wyeth Laboratories - Series (b) TOTAL GIFTS AND GRANTS
SALES AND SERVICES Agronomy Animal Husbandry Creamery Dairy Farm Food Processing Plant Grain Grading Grenhouse Horticulture Farm Horticulture Research Livestock Farm Poultry Research Savannah Sugar Refining Company Broiler Research - Swift TOTAL SALES AND SERVICES

$281,930.00 $ 43,815.00 $325,745.00

S281.930.00

788.82 8,500.00 1,600.00 2,002.55 1.000.00 $ 57.706.37

788.82 8,500.00 1,600.00 2,002.55 1.000.00 $339,636.37

$

$ 1,200.00 $ 1,200.00

7,500.00

7,500.00

3,000.00

3,000.00

500.00

500.00

400.00

400.00

1,500.00

1,500.00

9,707.00

9,707.00

250.00

250.00

1,500.00

1,500.00

361.50

361.50

786.00

786.00

500.00

500.00

400.00

400.00

300.00

300.00

6,678.53

6,678.53

2.375.00

2.375.00

$

$ 36.958.03 $ 36.958.03

$ 3,026.00 9,917.48
128,835.01 32,088.54
8,771.92 2,084,00
701.35 8,976.92 3,014.88 7,982.28 40,030.15
$245,428.53

$
10,916.64 4.954.27 $ 15.870.91

$ 3,026.00 9,917.48
128,835.01 32,088.54
8,771.92 2,084.00
701.35 8,976.92 3,014.88 7,982.28 40,030.15 10,916.64 4.954.27 $261,299.44

145

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) OTHER Equipment Sales - Creamery Fire Loss TOTAL OTHER
TOTAL COLLEGE STATION INCOME
TRANSFER FROM Restricted Agency
TOTAL RECEIPTS

General

Restricted

Income______ Income______ Total

$ 1,238.00 $ r - '

$ 1,238.00

1.648.76_________ ________ 1.648.76

$ 2.886.76 $

$ 2.886.76

$530.245.29 $110.535.31 $640.780.60

$

.52 $

__________ 7.880,00

$

.52

7.880.00

$530.245.81 $118.415.31 $648.661.12

Schedule HH

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

COLLEGE EXPERIMENT STATION Administration Director's Office
Research Agricultural Economics Agricultural Engineering Agronomy Air-Sac Disease Animal Husbandry Anonymous - Dairy A. R. S. - Farm Storage Beef Project Biochemistry Central Soya Charcoal Research Continental Can Company Copper Corning Glass Cyanamid Dai^y Distillers Feed Dow Potato Research Food Technology

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Waqes

& Expense Equipment

$ 11.644.46 $

$ 9.819.96 $ 1.646.70 $ 177.80

$ 4,708.83 $ 35,364.24

$ 4,483.04 $ 225.79 $

29,339.33

5,033.55

991.36

30,206.03

23,615.67

4,622.47

1,967.89

8,849.53

3,859.49

4,178.10

811.94

18,601.29

9,726.03

8,475.26

400.00

46.58

46.58

6,228.44

3,404.50

1,868.32

955.62

1,830.52

2,255.44

3,108.36

282.00

695.60

5,580.47

4,941.96

176.26

462.25

816.98

816.98

389.06

320.00

69.06

440.94

341.13

99.81

266.26

266.26

125.00

125.00

92.79

92.79

16,230.96

12,957.90

2,294.69

978.37

71.31

33.26

38.05

406.25

406.25

8,185.70

6,220.77

1,388.93

576.00

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_____________________

Object Classification_____

Operating

Fund Classification

Salaries

Supplies

General______Restricted & Wages____ ,,^J&cpense^^^gui^^nt^

COLLEGE EXPERIMENT STATION (CONT.)

Research (Continued)

Food Service Research

$

$ 2,002.03

Forestry

7,430.85 16,871,08

Frit Research

170.95

G.P.F.E. - Agronomy

462.51

Georgia Forestry Rsch. Council

7,030.46

Goodrich

3,668.64

Gordon Foods

143.21

Grace Chemical Company

115.25

Horticulture

12,438.81

Hybro-Tite Research

309.50

Landscape Architecture

2,270.08

Molybdenum

498.56

Offset Forestry Rsch. Council

13,634.02

Pfizer Research

800.00

Chas. Pfizer - Vet Medicine

400.00

Plant Pathology

15,714.72

Potash Experiment

18.30

Poultry

92,495.51

361.50

Radioactive

72.50

Reynolds Metals

171.12

Savannah Sugar Ref.

20,735.68

Sodium

3,148.90

Soil Testing

21,743.66

Swift Account - Broiler Rsch.

11,753.89

T.V.A. - Ag. Economics

6,041.81

Wyeth - Series b

1.281.57

TOTAL RESEARCH

$ 272.801.67 Sl09.680.06

$ 1,816.48 15,247.61 126.38
5,470.66 1,881.98
119.60 115.25 9,802.31
1,999.92 498.56
10,333.67 800.00 300.00
14,879.16
35,200.20 72.50
171.12 6,360.35 1,825.91 16,404.07 3,506.12 5,100.00
418.87 S236.258.39

$ 185.55 1,857.90 44.57 462.51 1,559.80 784.03 23.61
2,147.87 309.50 270.16
717.04
835.56 18.30
52,472.32
14,375.33 543.99
3,375.93 8,247.77
941.81 112.23 SI18.297.65

$ 7,196.42
1,002.63 488.63
2,583.31 100.00
5,184.49
779.00 1,963.66
750.47 S27.925.69

Services Related to Research Creamery Dairy Farm Food Processing Plants Grain Grading Greenhouse Horticulture Farm Livestock Farm TOTAL SERVICES
TOTAL EXPENDITURES

V $ 129,811.10 $
46,145.60 14,752.13
1,962.38 10,491.15 10,520.76 18.811.51 $ 232.494.63 $

$ 28,634.95 19,055.92 5,977.65 1,529.60 7,691.20 8,134.63 8.928.61
S 78.952.56

$ 93,682.93 24,888.68 8,774.48 401.11 2,318.14 1,983.90 9.645.62
S141.694.86

$ 8,493.22 2,201.00
31.67 481.81 402.23 237.28 SI1.847.21

$ 516.940.76 S109.680.06 S325.030.91 S261.639.21 S39.950.70

TRANSFERS TO EDUC. & GENERAL $

$

REFUNDS - PREVIOUS YR. 'S INCOME_____________

*52 857.16

TOTAL DISBURSEMENTS

$ 516.940.76 $110.537.74

147

Schedule II

UNIVERSITY (F GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1955

GOVERNMENTAL United States Department of Agriculture For Hone Econ. - Beef For Forestry Research (Wilfong) Bureau of Animal Industry Air-Sac Disease Bureau of Forestry Service T.V.A. - Ag. Economics TOTAL GOVERNMENTAL
GIFTS A.R.S. - Farm Storage American Cyanamid Company American Potash Company American Poultry Hatchery Anonymous - For Dairy Central Soya Company - For Dairy Charcoal Research - Forestry Chilean Nitrate Ed. - Sodium Continental Can Company Corning Glass Works - Dairy Distillers Feed Dow Chemical Company Ferro Corporation - Frit Forestry Research Georgia Forestry Rsch. Council C.P.F.E. Society Georgia Power Company - Poultry B. F. Goodrich - Chem. Gordon Foods - Food Tech. Grace Chemical Company Hybro-Tite Research Int. Min. & Chem. Corp. - Iron Molybdenum Morrison Fund - Dairy Offset Forestry Research Pacific Coast Borax Co. - Boron Peabody Forestry Chas. Pfizer Co., Inc. Pfizer Co. - Vet Medicine Radioactive - For Experiment Reynolds Metals Co. - An. Husb. Savannah Sugar Ref. Co. - Gifts Swift & Co. - Poultry Tennessee Corp. - Copper

Balance

Balance

Beginning Income for Expense

End of

Of Year_____Year________ For Year____ Transfers Year

$ 2,255.44 $

$ 2,255.44 $

788.82

872.15

$ (->83.33

1,831.36

8,500.00

8,849.53

857.16

624.67

2,002.55

2,002.03

.52

(->1.130.45

6,678.53

6.041.81

(->493.73

$ 2.956.35 $ 17,969.90 $ 20.020.96 $ 857.68 $ 47.61

$

$ 7,500.00 $ 6,228.44 $

1,123.51

92.79

3,913.59

1,200.00

18.30

2,500.00

158.43

46.58

852.02

816.98

1,600.00

389.06

6,149.88

3,000.00

3,148.90

500.00

440.94

285.22

125.00

339.19

71.31

675.75

400.00

406.25

689.60

170.95

25,265.00 15,998.93

9,707.00

7,030.46

250.00

250.00

462.51

361.50

361.50

4,486.09

3,668.64

(->77.69

786.00

143.21

1,500.00

115.25

1,500.00

309.50

1,060.77

500.00

498.56

13.00

18,550.00 13,634.02

875.56

1,000.00

1,000.00

800.00

400.00

400.00

1,843.66

72.50

171.16

171.12

15,000.00 10,916.64 20,735.68

12,834.27 11,753.89

203.57

300.00

266.26

$ 1,271.56 1,030.72 5,095.29 2,500.00 111.85 35.04 1,210.94 6,000.98 59.06 160.22 267.88 669.50 518.65 9,266.07 2,676.54 37.49
817.45 565.10 1,384.75 1,190.50 1,060.77
1.44 13.00 4,915.98 875.56 1,000.00 200.00
1,771.16 .04
5,180.96 1,080.38
237.31

148

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

GIFTS (CONTINUED) Tennessee Corp. - Minor Elements Tennessee Eastman Co. - Agron. Texas Gulf Sulphur Co.-Sulphur Wyeth - Series b TOTAL GIFTS
GRAND TOTAL

Balance Beginning Of Year

Income For Year

Expense For Year

Balance End of Transfers Year

$ 1,492.69 $

$

$

89.11

230.33

2.375.00

1.281.57

$43,325.44 $100,445.41 $ 89.659.10 $

$ 1,492.69 89.11
230.33 1.093.43 $54,111.75

$46,281.79 $118,415.31 $109,680.06 $ 857.68 $54,159.36

Schedule JJ

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance

For Year

June 30. 1955

$ 8,894.37 $530,245.81 $ 516,940.76 $ 22,199.42

46.281.79 118.415.31

110.537.74 54.159.36

$ 55.176.16 $648,661.12 $ 627.478.50 $ 76.358.78

$ 159.229.29 $ 7.574.03 $ 123.248.67 $ 43.554.65

$ 214.405.45 $656,235.15 $ 750.727.17 $119,913.43

NATIONAL BANK OF ATHENS

BANK BALANCES

$119.913.43

149

Schedule KK

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE BEGINNING OF YEAR
ADDITIONS Transfers: From Agency Funds
TOTAL ADDITIONS
DEDUCTIONS Buildings Repairs Equipment
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds for Plant Additions

Funds for Debt Service Total

$159,229.29 $

$159,229.29

$ 7.574.03 $ $ 7.574.03 $
$117,236.56 $ 674.90
5.337.21 $123,248.67 $ $ 43.554.65 $

$ 7.574.03 $ 7.574.03
$117,236.56 674.90
5.337.21 $123,248.67 $ 43.554.65

Schedule KK-1

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BUILDINGS College Station Dairy - Animal Husbandry Isolation Building Laborers Cottages Cattle Feed Shed Poultry Building Poultry Testing Building TOTAL BUILDINGS
REPAIRS Painting Fences TOTAL REPAIRS
EQUIPMENT Livestock Farm Animal Husbandry Drill Well A.H. Water Lines - Founts Poultry TOTAL EQUIPMENT
TOTAL COLLEGE PLANT FUNDS

Balance

Receipts Disbursements Balance

July 1. 1954 Transfers For Year For Year

June 30. 1955

$ 11,671.76 $ 4,709.42 1,119.16 12,000.00 10,000.00
93,364.25 16.187.30 $ 149.051.89 $

$

$ 7,043.45 $

3,000.00

1,057.11

11,787.06

10,000.00

61,262.51

6.899.13

23.086.43

$6,899.13 $ 117.236.56 $

4,628.31 1,709.42
62.05 212.94
32,101.74
38.714.46

1-

$

$ 674.90 $

674.90 $

JL

$

$ 674.90 $

674.90 $

$

38.37 $

(-).97

2,500.00

2,140.00

5.500.00

$ 10.177.40

(-).97$ .97

.

$

$

$

37.40

2,500.00

2,140.00

5.337.21

162.79

$ 5,337.21 $ 4.840.19

$ 159.229.29 $

$7,574.03 $ 123,248.67 $ 43,554.65

150

Schedule KK-2

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment

Year

Beginning

Acquired Of Year_____ Additions

Investment End of Deductions Year _

BUILDINGS Cattle Feed Shed Dairy Barn Lab. Isolation Building Lounging Barn - Dairy Poultry Laying House Poultry Building Poultry Testing Building Laborers1 Cottages TOTAL BUILDINGS

1952 1954 1953 1953 1953 1953 1954

IMPROVEMENTS OTHER THAN BUILDINGS Animal Husb. - Pasture Improvements Dairy - Pasture Improvement TOTAL IMPROVEMENTS

1953

REPAIRS Two Labor Houses Agronomy Tenant House Dairy Mfg. Lab. Miscellaneous Painting Fences TOTAL REPAIRS

1953
1953 1953 1954

EQUIPMENT Reseafch Services Related Animal Husbandry Livestock Poultry TOTAL EQUIPMENT

TOTAL PLANT INVESTMENT

$ 34,999.54
3,290.58 4,333.55 1,135.75
702.70
$ 44.462.12

$ 10,000.00 $

$ 10,000.00 34,999.54

1,057.11*

1,057.11 3,290.58

4,333.55

61,262.51 23,086.43 14.787.06

62,398.26 23,789.13 14.787.06

$110.193.11 $__________ $154.655.23

$ 30,033.70 $ 10.101.46
$ 40.135.16 $

$

$ 30,033.70

10.101.46

$

$ 40.135.16

$ 480.90 $

$

1,281.00

3,494.88

110.17

7,043.45

674.90

$ 5.366.95 $ 7.718.35 $

$ 480.90 1,281.00 3,494.88 7,153.62 674.90
$ 13.085.30

$ 53,723.94 $ 28,091.99 $ 35,733.24 11,847.21 2,501.43 4,461.63 5.337.21
$ 96.420.24 $ 45.276.41 $
$186,384.47 $163,187.87 $

$ 81,815.93 47,580.45 2,501.43 4,461.63 5.337.21
$141,696.65
$349,572.34

*This was built at Tifton and will be picked up next year there and taken out of College Station Assets.

151

PART Vili THE UNIVERSITY OF GEORGIA - GEORGIA EXPERIMENT STATION
EXPERIMENT, GEORGIA
Schedule LL - Schedule RR-2
153

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule LL

BALANCE SHEET June 30, 1955

ASSETS

CURRENT FUNDS A. GENERAL
Cash on Hand and in Banks

17,308.62

B. RESTRICTED Cash in Banks Due from T.V.A. Due from Quartermaster Due from U.S.D.A. TOTAL RESTRICTED FUNDS

$ 45,422.73 3,443.36 9,371.90 593.13

58.831.12

TOTAL CURRENT FUNDS

76,139.74

II. PLANT FUNDS A. UNEXPENDED Cash in Banks

1,494.68

B. INVESTED IN PLANT Land and Improvements Buildings Equipment TOTAL INVESTED IN PLANT

$255,723.57 905,750.64 683.588.37

1.845.062.58

TOTAL PLANT FUNDS

1,846,557.26

TOTAL ASSETS

$1.922.697.00

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,307,200.

LIABILITIES

I. CURRENT FUNDS A. GENERAL Surplus

$ 17,308.62

B. RESTRICTED Fund Balance
TOTAL CURRENT FUNDS

58.831.12

76.139.74

II. PLANT FUNDS A. UNEXPENDED Fund Balances

1.494.68

B. INVESTED IN PLANT Equity of University System Bldg. Auth. Net Invested in Plant
TOTAL PLANT FUNDS

$ 343,145.21 1.501.917.37

1.845.062.58

1.846.557.26

TOTAL LIABILITIES AND SURPLUS

$1.922.697.00

154

vfl*
m
K1; v?

Schedule MM

UNIVERSITY CF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Hatch Fund Adams Fund Purnell Fund Bankhead-Jones 5, Fund Bankhead-Jones 9, Fund Regional Research Fund Title II Fund TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Allied Chemical Company American Society of Ref. Eng. Carbide and Carbon Chemagro Corp Georgia Institute of Technology Hercules Powder Co. New England Confectioners Association Quartermaster Depot Refrigeration Research Foundation S.C. Experiment Station Shell Chemical Corporation State Department of Education Tennessee Corporation Tennessee Valley Authority United States Department of Education Velsicol Corporation TOTAL GIFTS AND GRANTS
SALES AND SERVICES Bulletins Dairy Products Farm Products Food Processing Products Eatonton Timber Sales Horticulture Products Livestock Miscellaneous Rabbits Scrap Iron Seed Revolving Used Equipment Soil - State Highway Department Soils Work for University TOTAL SALES AND SERVICES

General Income

Restricted Total

Income

Income

$204,050.00 $ 12,950.00 $217,000.00

$204.050.00

15,000.00 15,000.00 60,000.00 98,402.95 264,092.75 97,886.00 20.450.00 $583.781.70

15,000.00 15,000.00 60,000.00 98,402.95 264,092.75 97,886.00 20.450.00 $787.831.70

$

$ 1 ,0 00.00 $ 1 ,0 0 0 .0 0

1 ,0 00.00

1 ,0 0 0 .0 0

600.00

600.00

750.00

750.00

7,500.00

7,500.00

1,500.00

1,500.00

2,500.00

2,500.00

25,528.53 25,528.53

3,650.00

3,650.00

351.19

351.19

1,0 00.00

1 ,0 0 0 .0 0

8,915.81

8,915.81

1 ,000.00

1,0 0 0 .0 0

9,141.64

9,141.64

1,296.13

1,296.13

750.00

750.00

$ 66.483.30 $ 66.483.30

$

46.40

11,865.32

19,020.57

934.25

6,286.17 13,116.50
26.45 22.50 48.15

286.25 579.44 1.500.00 $ 53.732.00

$ 21,086.42 36,964.93 11,497.83
11,123.75
$ 80.672.93

$

46.40

11,865.32

40,106.99

934.25

36,964.93

6,286.17

24,614.33

26.45

22.50

48.15

11,123.75

286.25

579.44

1.500.00

$134.404.93

155

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT INCOME (CONTINUED)

OTHER SOURCES Rents from Property TOTAL OTHER SOURCES
TOTAL CURRENT INCOME
NON-INCOME RECEIPTS Escrow Funds
TOTAL CURRENT RECEIPTS
Schedule NN

General Income

Restricted Total

Income

Income

$ 8.490.40 $ $ 8.490.40 $

$ 8.490.40 $ 8.490.40

$266,272.40 $730,937.93 $997,210.33

1.500.00

1.500.00

$266,272.40 $732,437.93 $998,710.33

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

ADMINISTRATIVE & GENERAL Comptroller's Office Director's Office General TOTAL ADMIN. & GENERAL
PHYSICAL PLANT
LIBRARY
ORGANIZED RESEARCH Agricultural Economics Agricultural Engineering Agronomy: Crops Section Agronomy: Forage & Past. Agronomy: Soils Section Animal Industry S-3 An. Ind. Regional Chemistry Eatonton Project Entomology Food Processing Forestry Ga. Mountain Station Home Economics Regional Housing S-8 Title II Poultry ES-143 Horticulture Plant Pathology Primary Station S-9

Fund Classification

General

Restricted

Salaries and
Waaes

Object Classification Operating Supplies & Expense Equipment

$ 7,393.52 $ 791.66 $ 7,504.18 $

$

7,889.69

4,716.76 11,600.00

1,006.45

681.00

16.986.52

4.535.74

6.488.06 13.986.49

1.047.71

$ 32.269.73 $ 10.044.16 $ 25.592.24 $ 14.992.94 $ 1.728.71

$ 71.128.19 $

$ 16.600.81 $ 42.995.19 $ 11.472.19

$ 7.394.91 $ 3.330.09 $ 4.500.00 $ 803.75 $ 5.421.25

$ 2,840.83 3,239.38
20,049.22 5,465.09
13,201.77 27,184.78
4,346.96
2,836.08 880.59
4,163.85 34,639.31
426.13 1,350.58
18,577.21 7,565.84 374.47

$ 97,763.37 14,659.36 46,784.29 22,302.57 11,972.95 58,098.19 6 ,0 0 0.00 23,731.40 99,812.76 19,621.88 66,393.46 3,971.86 34,027.56 23,688.74 10,049.80 5,482.37 30,2(98.12 35,705.25 2 0 ,0 0 0 .0 0

$ 82,392.85 13,767.16 59,077.34 22,773.09 20,978.40 52,304.45 3,613.35 24,714.34 33,166.29 18,301.55 51,314.25 7,329.20 56,566.75 18,638.74 7,805.66 3,909.90 39,522.40 40,160.31
15,180.88

$ 13,153.57 3,206.13 6,859.07 4,384.57 3,225.59
27,025.79 2,386.65 2,517.45
38,690.74 3,010.17 10,928.22 728.20 9,416.06 4,075.16 1,533.35 963.17 5,686.80 2,142.67
2,243.37

$ 5,057.78 925.45 897.10 610.00 970.73
5,952.73
846.57 27,955.73
1,146.24 5,031.58
78.04 2,684.06 1,400.97 2,061.37
609.30 3,666.13
968.11 2,950.22

156

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

ORGANIZED RESEARCH (CONTINUED) Agronomy - Tifton Agric. Engineering - Athens So. Piedmont Exp. Station Regional S-7 Poultry Ga. Coastal Plain Sta. College of Agric. Exp. Sta. Regional SM-11 Project Regional SM-12 Project Regional SM-13 Project Regional S-14 Project Regional S-19 Project Regional S-20 Project Regional S-21 Project Regional S-23 Project Agronomy: Mg. Studies Seed Revolving Fund TOTAL RESEARCH
TOTAL CURRENT EXPENSES
NON EXPENSE Escrow Funds
TOTAL CURRENT EXPENDITURES

Fund Classification

General

Restricted

Salaries and
Waaes

Object Classification

Operating

Supplies & Expense

EauiDment

$

$ 6,366.41 $ 6,174.42 $ 191.22 $

1 ,0 0 0 .0 0

1 ,0 00.00

15,490.21 10,804.61

4,265.83

18,535.00

1,503.50

4,822.19

3 5 ,0 0 0 .0 0 35,000.00

27692.01 26,716.60

632.91

6,156.97

3,846.35

1,032.42

1 ,0 0 0 .0 0

266.25

508.75

4,800.00

3,577.58

570.17

2 ,0 0 0 .0 0

512.40

360.85

2,500.00

1,653.18

206.84

2,400.00

2,170.95

229.05

1,500.00

1,008.48

491.52

3 ,0 0 0 .0 0

2,074.25

272.90

816.75

747.47

69.28

8.487.81

8.146.11

$147.142.09 $767.109.09 $668.572.95 $163.977.81

419.77 12,209.31
342.50 1,278.20
225.00 652.25 1,126.75 639.98
652.85
341.70 81.700.42

$257,934.92 $780,483.34 $715.326.00 $222.769.69 $ 100.322.57

$ 1.500.00 $257.934.92 $781.983.34

157

Schedule 00

UNIVERSITY (F GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1955

Allied Chemical Company American Society of Ref. Engineers Carbide and Carbon Company Chemagro Columbia Southern Chemical Company Dow Chemical Company E. I. du Pont Company Eatonton Timber Sales Eatonton Sales Escrow Funds - Timber Georgia Institute of Technology Hercules Powder Company International Mineral & Chem. Company New England Confectioners Association Quartermaster Depot Refrigeration Research Foundation S. C. (Clemson) Experiment Station Shell Chemical Corp. Southern Piedmont Experiment Station State Department of Education Tennessee Corporation Tennessee Valley Authority United States Depattment of Agriculture Velsicol Corporation Seed Revolving Fund Hatch Funds Adams Funds Purnell Funds Bankhead - Jones 5, Funds Bankhead - Jones 9, Funds Regional Research Funds Title II Funds State Funds to Match Title II Funds State Funds to Match S- 8 Regional State Funds for Poultry Project
TOTALS
Schedule PP

Balance Beginning Of Year

Income For Year

Expenses For Year

Balance End of Year

$
863.86 688.76 750.00 221.46 69,044.17
1,500.00
1,393.32 1,765.91
(-)7,900.43 6,218.25 (-- )351.19 1,276.91 2,424.01
924.29 (-0585.00
247.29 1,124.54 12,829.82
222.71 222.71 1,949.80 136.95 $94.968.14

$ 1,0 0 0 .0 0 1 ,0 0 0.00 600.00 750.00
36,964.93 16,297.83
1,500.00 7,500.00 1,500.00
2,500.00 25,528.53
3,650.00 351.19
1,0 0 0 .0 0 16,286.42 8,915.81
1 ,0 0 0 .0 0 9,141.64 1,296.13
750.00 11,123.75 15,000.00 15,000.00 60,000.00 98,402.95 264,092.75 97,886.00 20,450.00 12,950.00
$732.437.93

$

$ 1 ,0 0 0 .0 0

945.79

54.21

200.87

399.13

1,075.60

538.26

550.91

137.85

540.10

209.90

6.97

214.49

83,514.93 22,494.17

16,297.83

1,500.00 1,500.00

6,562.24

937.76

784.40 2,108.92

816.75

949.16

1,096.45 1,403.55

27,000.00 (-)9,371.90

6,338.23 3,530.02

957.18 1,319.73

15,490.21 3,220.22

8,915.81

714.54 1,209.75

12,0 0 0 .0 0 (-)3,443.36

1,993.92 (-)450.50

816.70 1,057.84

8,487.81 15,465.76

15,000.00

15,000.00

60,000.00

98,402.95

264,092.75

97,886.00

19,734.94

937.77

13,172.71

1,949.80

136.95

$781.983.34 $45.422.73

NCY FUNDS ne 30, 1955

Employee's Bond Account Group Insurance

Balance Beginning Of Year

Receipts For Year

Disbursements Balance

For

End of

Year

Year

$

$ 2,362.50 $ 2,362.50 $

9,877.89

9,877.89

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF AGENCY FUNDS (CONTINUED)

Retirement Fund Sales Tax Social Security Withholding Tax
TOTAL AGENCY FUNDS

Balance Beginning Of Year

Receipts For Year

Disbursements Balance

For

End of

Year

Year

$

$ 19,682.63 $ 19,682.63 $

550.35

550.35

3,713.11

3,713.11

53.488.69

53.488.69

$

$ 89.675.17 $ 89.675.17 $

Schedule QQ

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash

Receipts

Balance

For

July 1. 1954 Year

Disbursements Cash

For

Balance

Year

June 30. 1955

$ 8,971.14 $ 266,272.40 $ 257,934.92 $

94.968.14

732.437.93

781.983.34

$ 103.939.28 $ 998.710.33 $1.039.918.26 $

1 ______

89.675.17 $ 89.675.17 $

$ 6.698.09

$ 5.203.41 $

$ 110.637.37 $1.088.385.50 $1.134.796.84 $

17,308.62 45.422.73 62.731.35
1.494.68 64.226.03

BANK BALANCES

Petty Cash, Georgia Experiment Station

$

300.00

State Bank, Griffin, Georgia, Educational and General Account

1,875.53

Commercial Bank & Trust Company, Griffin, Georgia, Educational & General Account Commercial Bank & Trust Company, Griffin, Georgia, Seed Revolving Fund

40,369.84 15,465.76

Commercial Bank & Trust Company, Griffin, Georgia, Plant Funds

1,494.68

Commercial Bank & Trust Company, Griffin, Georgia, Escrow Funds

1,500.00

Commercial Bank & Trust Company, Griffin, Georgia, Sou. Piedmont Experiment Station

3,145.22

Petty Cash, Southern Piedmont Experiment Station

_______ 7 5 .0 0

TOrAL

$ 64.226.03

159

Schedule RR

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
DEDUCTIONS Expended for Plant Additions Improvements Other than Buildings-Clearing Land Equipment for Administration Building-Mountain Station Boiler - Dairy Building TOTAL EXPENDED FOR PLANT ADDITIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Funds for

Plant

Debt

Additions Service Total

$6,698.09 .$. . .

$6,698.09

$4,061.50 $ 624.16 517.75
$5,203.41 $
$5,203.41 $
$1,494.68 $

$4,061.50 624.16 517.75
$5,203.41
$5,203.41
$1,494.68

Schedule RR-1

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

VALUE OF PLANT, JULY 1, 1954

ADDITIONS DURING 1954-55 Expended from Plant Funds Expended from Educational & General Funds and Included in Current expenses
Expended by University System Building Authority

TOTAL ADDITIONS

VALUE OF PLANT, JULY 1 , 1954, PLUS ADDITIONS

DEDUCTIONS DURING 1954-55 Property Worn Out or Otherwise Disposed of Adjustments for Prior Years

TOTAL DEDUCTIONS

VALUE OF PLANT, JUNE 30, 1955

LESS: Equity of University System Building Authority

NET INVESTMENT IN PLANT, JUNE 30, 1955

$1,678,431.12
$ 5,203.41 105,340.56 61.121.13 171.665.10 $1,850,096.22
$ 1,300.00 3.733.64 5.033.64 $1,845,062.58 343.145.21 $1,501,917.37

160

Schedule RR-2

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment

Investment

Year

Beginning of

End

Acquired Year__________ A^ditions____Deduc^i;ons_^gaj^_=_=__

A. LAND

Georgia Experiment Station

123

Acres

90

Acres

315.92 Acres

236.765 Acres

251.6 Acres

9

Acres

64.4 Acres

38.22 Acres

170.06 Acres

Georgia Mountain Station

200

Acres

172

Acres

TOTAL LAND

1889 1907 1937 1941 1942 1943 1945 1952 1954
1932 1948

IMPROVEMENTS Fencing, building and soiling roads, clearing land, survey of land, grading, electric change-over, drilling wells and moving tenant houses

TOTAL LAND AND IMPROVEMENTS

B. BUILDINGS Adm. Library - Auditorium Flynt Auditorium (old) 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 Path. Greenhouse Bricks for New Greenhouse General Storage Building Old Mule Barn Fert. & Seed Barn
Drying House

1954 1929 1908 1940 1896 1948 1940 1941 1925 1928 1925 1930 1935 1945 1937 1930 1940
1915 1920 1941
1935

$

$

190,026.40

$

$

190,026.40

9,182.67 18,347.87

9,182.67 18,347.87

5.500.00

5,500.00

6.825.00 __________________ __________ 6.825.00

$ 229.881.94 $___________ $_________ $ 229,881.94

$ 5.994.34 $ 19.847.29 $ $ 235.876.28 $ 19.847.29 $

$ 319,082.27 $ 48,573.31 $ 74,500.40

1,900.00

4,166.20

10,083.15

3,017.60

50,997.55

2,576.36

8,601.50

1,629.20

1,0 0 0 .0 0

500.00

5 ,0 0 0 .0 0

2 ,0 0 0 .0 0

107.50

700.00

400.00

2 ,0 0 0 .0 0

1,500.00

2 ,0 0 0 .0 0

5 ,0 0 0 .0 0

2,145.45

2 ,0 0 0 .0 0

3 ,0 0 0 .0 0

3,500.00

1, 500.00

____ L 25.841.63
____ $_ 255.723.57
$ 367,655.58 74,500.40 6,066.20 10,083.15 3,017.60 53,573.91 10,230.70 1,0 0 0 .0 0 500.00 5,000.00 2,107.50 700.00 400.00 2 ,0 0 0 .0 0 1,500.00 2 ,0 0 0 .0 0 5,000.00 2,145.45 2 ,0 00.00 3,000.00 3,500.00
1,500.00

161

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

B. BUILDINGS (CONTINUED) Sanford Barn New Gin House Food Processing Lab. Residences and Tenants Weighing Office and Shed Barn (Westbrook Farm) Implement Shed-Beef Cattle Peach Packing & Imp. Shed Barn (Back to School) Agr. Implement Shed Forage Crop & Grain Dryer Sheep Barn Sheep Shed Cattle Feeding Sheds Mule Feeding Shed Pump House Trailer (Housing) New Greenhouse Insectory Hog Farrowing Barn Gasoline House Ento., Forestry, & A.E. Shed Agr. Implement & Mule Shed Painting Barn

1938 1946 1948
1941 1942 1941 1948 1941 1949 1949 1943 1941 1941 1941 1941 1946 1950 1950 1952 1953 1953 1953

Mountain Station Office & Auditorium Cabin Laboratory Community Cannery Shop & Fert. House Office (Soils) Livestock Barn Two Residences Cow Barn Implement Shed Storage Cellar Exhibit Sheds Drier Dairy Building
Three Residences Calf Barn Dairy Barn Sheep Shed Livestock Barn & Mach. Shed Shop Bldg. Materials for New Shed

1953 1932 1932 1932 1932 1932 1932-38 1932 1940 1935 1940 1940 1948 1948 1948 1949 1949 1949 1949

$ 6 ,000.00 $

$

$ 6 ,000.00

6 ,000.00

6 ,0 0 0.00

94,492.42

94,492.42

70,652.58

1,983.13

72,635.71

600.00

600.00

1 ,0 0 0.00

1 ,0 00.00

600.00

600.00

7,000.00

7,000.00

1 ,0 00.00

1 ,000.00

1,584.23

1,584.23

1 ,0 00.00

1 ,0 0 0.00

2 ,0 00.00

2 ,000.00

800.00

800.00

1,600.00

1,600.00

400.00 200.00

400.00 200.00

1 ,0 00.00

1,0 0 0 .0 0

11,619.44

11,619.44

800.00

800.00

3,771.62

3,771.62

1,252.96

1,252.96

6,216.45

6,216.45

3,731.11

3,731.11

2,414.24

2,414.24

57,525.61 740.00 725.00 200.00
1 ,0 0 0 .0 0 625.00
3,000.00 25.00 20.00
100.00 130.00 140.00 4,500.00 1,600.00 400.00 3,250.00 750.00 3,000.00 75.00
1,319.40

1,319.40

57,525.61 740.00 725.00 200.00
1 ,0 0 0 .0 0 625.00
3,000.00 25.00 20.00
100.00 130.00 140.00 4,500.00 1,600.00 400.00 3,250.00 750.00 3,000.00 75.00

162

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

BUILDINGS (CONTINUED) Eatonton Area Project
Foundation for Shed Office Building Addition to Manager's House Additions to 4 Tenant Houses 2 Pole Barns 2 Hay Feeding Sheds Carpenter Shop Well House Athens, Georgia Reg. Poultry Brooder House Brooder House Pump House
TOTAL BUILDINGS

1953 1953 1953 1953 1955 1955
1954 1955 1955

EQUIPMENT Trailer Camp Admin. Bldg. (Bldg. Auth.) Administrative Agricultural Economics Agricultural Engineering Agronomy Animal Industry Chemistry Eatonton Area Project Entomology Food Processing Forestry Ga. Mountain Exp. Sta. Home Economics School of Home Economics., Athens Horticulture Library Plant Pathology Primary Station S-9 Sou. Piedmont Exp. Station Regional Poultry Lab., Athens College of Agric., Exp. Sta. Ga. Coastal Plain Exp. Sta. Carpenter Shop
TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

$ 1,070.00 $

$

6,500.00

185.00

4,700.00

3,780.00

1,996.98

790.36

1,802.00

232.67

$ 1,070.00 6,685.00 4,700.00 3,780.00 1,996.98 790.36 1,802.00 232.67

15,713.57

15,713.57

8,891.19

8,891.19

498.83

498.83

$ 834.906.10 $ 75.578.18 $4,733.64 $ 905.750.64

$

300.00

13,719.81 14,478.27 8,474.41 96,570.95 111,881.28 42,284.09 106,717.03 18,395.49 37,858.04 3,311.39 36,628.16 19,394.63 6,677.49 31,311.95 26,004.94 19,305.30 8,561.46

2,750.28 241.32 500.00
2.282.45 $ 607.648.74

$ 12,547.82 4,486.97 5,057.78 925.45 2,477.83 5,362.98 846.57 14,039.22 1,146.24 1,684.23 78.04 3,308.22 1,400.97 3,322.92 3,666.13 5,421.25 968.11 373.86 419.77 2,819.29 5,246.00 639.98
$ 76.239.63

$ 300.00 $ 300.00

$ 12,547.82 18,206.78 19,536.05 9,399.86 99,048.78
117,244.26 43,130.66 120,756.25 19,541.73 39,542.27
3,389.43 39,936.38 20,795.60 10,000.41 34,978.08 31,426.19 20,273.41
8,935.32 419.77
5,569.57 5,487.32 1,139,98 2.282.45 $ 683.588.37

$1,678,431.12 $171,665.10 $5,033.64 $1,845,062.58

163

THE UNIVERSITY OF GEORGIA - COASTAL PLAIN EXPERIMENT STATION TIFTON, GEORGIA
Schedule SS - Schedule XX-1

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

BALANCE SHEET June 30, 1955

LIABILITIES

I. CURRENT FUNDS A. GENERAL Surplus

$ 26,049.84

TOTAL GENERAL FUNDS

$ 26,049.84

B. RESTRICTED Fund Balances
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS

19,408.61

19.408.61 $ 45,458.45

II. PLANT FUNDS A. UNEXPENDED Fund Balance

$

842.32

B. EXPENDED

Equity of University System Building Authority$265,650.52

Invested in Plant

966,679,55

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

1.232.330,07 1,233.154.39
$1.278.612.84

Schedule TT

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS AND GRANTS FROM PRIVATE SOURCES Allied Chemical and Dye Corporation Flint River Mills Georgia Department of Agriculture Georgia Highway Department Georgia Vet. Med. Assoc. & Aux. International Minerals & Chemical Corporation Shell Chemical Corporation Soil Conservation Service Southeastern Liquid Fert. Company Southeastern Turf Nursery Tennessee Corporation U. S. Golf Association, et al Veterinary Short Course Watermelon Equalization Fund TOTAL GIFTS & GRANTS
SALES AND SERVICES Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Farm Forage Crops & Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tidewater Station Tobacco Turf TOTAL SALES & SERVICES
OTHER SOURCES Plant Timber Sales Rents TOTAL OTHER SOURCES
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$288,260.00 $

$288,260.00

1,500.00 1,800.00 18,750.00 4,000.00
217.00 1,500.00 1 ,200.00 1,500.00
600.00 70.00
1,300.00 2,346.25
320.00 473.23 I___________ $35.576.48

1,500.00 1,800.00 18,750.00 4,000.00
217.00 1,500.00 1 ,2 00.00 1,500.00
600.00 70.00
1,300.00 2,346.25
320.00 473.23 $ 35.576.48

$ 2,684.39 68,842.61 705.26 83.93 26,671.88 5,331.06 2,100.08 1,783.60 3,191.63 50.52 6,953.62 6,734.55 60.50 525.19 3,466.48 1.638.12
$130.823.42

$

$ 2,684.39

68,842.61

705.26

83.93

26,671.88

5,331.06

2,100.08

1,783.60

3,191.63

50.52

6,953.62

6,734.55

60.50

525.19

3,466.48

1.638.12

$__________ $130.823.42

$ 1,354.88 $ 1.991.00
$ 3.345.88 $

$ 1,354.88 1.991.00
$ 3.345.88

$422,429.30 $35,576.48 $458,005.78

168

Schedule UU

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT F CURRENT EXPENDITURES For Year Ended June 30, 1955

Fund Classification

General

Restricted

Salaries and
Wages

Object Classification Operating Supplies & Expense Eguipment

ADMINISTRATIVE AND GENERAL
Director's Office General
TOTAL ADMINISTRATIVE & GENERAL

$ 16,047.97 $ 13.239.79
$ 29.287.76 $

$ 15,499.92 $ 548.05 $

3.695.92

9.076.37

$ 19.195.84 $ 9.624.42 $

467.50 467.50

PHYSICAL PLANT

$ 32.069.25 $

$ 10.961.54 $ 20.518.00 $ 589.71

LIBRARY

$ 6 .122.01 ____

$ 4.148.15 $ 1.725.22 $ 248.64

ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage Crops & Pastures Grass Breeding Highway Turf Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tobacco Turf TOTAL ORGANIZED RESEARCH

$ 15,496.40 25,147.52 88,626.92 21,359.76 2,356.48 34,146.36 3,947.57 10,776.18 6,336.37 10,413.42
44,089.75 8,304.12 19,126.74
25,044.75 14,096.29 12,700.11
$341,968.74

$ 1 ,0 0 0 .0 0
22,051.26
500.00
4,018.92 1,010.71
218.74 235.00
1,240.02 711.69
7.874.62 $38,860.96

$ 13,339.94 21,377.31 31,253.42 32,180.83 2,223.21 14,698.28 3,496.87 7,307.24 4,614.74 11,958.95 875.37 37,582.81 7,464.26 10,661.70 17,694.20 11,863.76 9,491.54 6.791.49
$244,875.92

$ 1,537.31 3,596.21
44,397.02 10,369.98
80.27 15,451.09
450.70 3,164.79 1,721.63 1,973.39
135.34 6,725.68
672.36 8,465.04 7,095.68 1,890.86 2,812.36 1.083.13 $111,622.84

$ 619.15 174.00
13,976.48 860.21 53.00
4,496.99
304.15
500.00
402.50
254.87 1,581.69 1,107.90
$24,330.94

TOTAL CURRENT EXPENDITURES

$409,447.76 $38,860.96 $279,181.45 $143,490.48 $25,636.79

TRANSFER TO: Plant Funds
TOTAL DISBURSEMENTS

$ 5.921.27 $415,369.03 $38,860.%

169

Schedule VV

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30. 1955

Balance Beginning Of Year

Receipts For Year*

Balance Disbursements End of
For Year** Year

American Cyanamid Company Allied Chemical & Dye Corporation Chemagro Corporation Commercial Solvents Company Flint River Mills Georgia Department of Agriculture Georgia Highway Department Georgia Veterinary Med. Asso. & Aux. Grace Chemical Corporation International Minerals & Chemical Corp. Massengill Corporation McCurdy Seed Company Shell Chemical Corporation Southeastern Liquid Fertilizer Company Southeastern Turf Nursery Stone Mountain Grit Company Soil Conservation Service Tennessee Corporation Union Carbide & Chemical Corporation U.S. Golf Association Upjohn Company Veterinary Short Course Watermelon Equalization Fund
TOTAL

$ 300.00 $ 300.00 $

1,500.00

300.00

2 ,000.00

1,800.00

700.00 18,750.00

2,520.49 4,000.00

25.00

217.00

1 ,0 0 0.00

4,750.00 1,500.00

1,685.35

229.45

847.84 1 ,200.00

600.00

70.00

350.00

1,500.00

1,095.89 1,300.00

600.00

6,889.07

946.25

500.00

320.00

473.23

$22.693.09 $35.576.48

Included in Educational & General Income Included in Educational & General Expenditures

39.30
2 ,0 0 0 .0 0 823.84
19,450.00 1,010.71 242.00 1 ,0 0 0 .0 0 598.92 985.97 229.45 711.69
70.00 350.00 1,500.00 1,475.02
7,835.32
320.00 218.74 38.860.96

$ 560.70 1,500.00 300.00 976.16 5,509.78
5,651.08 699.38
1,336.15 600.00
920.87 600.00 500.00 254.49 $19.408.61

Schedule WW

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance For Year June 30. 1955

$ 18,989.57 $422,429.30 $ 415,369.03 $

22.693.09 35.576.48

38.860.96

41.682.66 $458.005.78 $ 454.229.99 $

!_

$ 5.921.27 $ 5.096.95 $

41.682.66 $463.927.05 $ 459.326.94 $

26,049.84 19.408.61 45.458.45
824.32
46.282.77

170

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

BANK BALANCE

THE BANK OF TIFTON, GEORGIA Educational and General Account

$46,282.77

Schedule XX

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS Transfer from Educational and General
DEDUCTIONS Repairs and Alterations Venetian Blinds for New Building TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant Additions
$__________ _

$

5.921.27

$

4,175.68

921.27

$

5.096.95

$

824.32

Schedule XX-1

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment

Year

Beginning

AccruLred Of Year

Additions

LAND

206.22 A Original Tract

1919

62.97 A Tift #1 Tract

1925

60.60 A Tift #2 Tract

1932

109.50 A Henry Tift Tract

1935

56.77 A Mitchell Tract

1935

214.70 A Choate Tract

1936

165.00 A College Tract

1937

552.90 A Carson Tract

1937

2.25 A Tifton Realty Tract 1937

1 .0 0 A Fulwood Tract

1937

67.00 A Cook County Tract 1938

28.13 A Grimes Tract

1940

4.62 A Saunders Tract

1940

428.08 A Decatur County Tract 1939

148.40 A Alapaha Tract

1941

47.00 A Alapaha Tract

1941

53.50 A Alapaha Tract

1941

1223.30 A Alapaha Tract

1941

$ 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 14,804.00 1,175.00
567.75 12,844.65

Investment End of Deductions Year

$

$ 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

14,804.00

1,175.00

567.75

12,844.65

171

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

LAND (Continued) 50.00 A Cumby Tract
514.00 A Carpenter Tract
5275.92 A LAND, TOTAL
BUILDINGS Administration, Lib. & Lab. Research Building Extension Building Greenhouse Greenhouse Feed Sample House Engineer's Shop Farm Machine Shed Nematology Shop Car Shed Main Barn Superintendent's Dwelling Weather Bureau House Horticulture Barn Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Gin and Seedhouse Potato Curing House Seed Drying House Seed Cleaning House Tobacco Packhouse Tobacco Fertilizer House Tobacco Curing Barn, Steel Tobacco Curing Barn Tobacco Curing Barn Tobacco Curing Barn Tobacco Curing Barn Tobacco Curing Barn Employees's Cottage Tobacco Pathology Packhouse Soils Laboratory Employee's Cottage Employee's Cottage Employee's Cottage Horticulture Main Barn Employee's Cottage Grass Breeding Barn
Pump House

Investment

Year

Beginning

Acauired Of Year

Additions

Investment End of Deductions Year

1950 1941 1955 1937 1922
1949

$ 3,000.00 $ 17.895.50
$ 184.675.40 $

$

$ 3,000.00

17.895.50

$ ...... $ 184.675.40

$ 140,565.02 $143,480.23 $ 60,000.00 46,500.00 4,000.00 23,337.00 200.00 1 ,0 0 0 .0 0 1 ,000.00 750.00 1,600.00 6 ,0 0 0 .0 0 4,000.00 100.00 500.00 2 ,0 0 0.00 2 ,100.00 2,150.00 2 ,100.00 2 ,0 0 0 .0 0 2 ,0 0 0 .0 0 7,650.00 3,000.00 3,500.00 1 ,200.00 3,400.00 850.00 200.00 300.00 300.00 300.00 300.00 500.00 1,500.00 300.00 1,800.00 800.00 600.00 500.00 4,200.00 400.00 400.00
50.00

$ 284,045.25 60,000.00 46,500.00 4,000.00 23,337.00 200.00 1 ,0 0 0 .0 0 1 ,0 00.00 750.00 1,600.00 6 ,0 00.00 4,000.00 100.00 500.00 2 ,0 00.00 2 ,100.00 2,150.00 2 ,100.00 2 ,0 0 0 .0 0 2 ,0 0 0.00 7,650.00 3,000.00 3,500.00 1 ,200.00 3,400.00 850.00 200.00 300.00 300.00 300.00 300.00 500.00 1,500.00 300.00 1,800.00 800.00 600.00 500.00 4,200.00 400.00 400.00
50.00

172

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment
End Deductions Year

B. BUILDINGS (CONTINUED)

Garage

Employee's Cottage

Employee's Cottage

Agronomy Barn, 3 @ $4,000

Fertilizer Barn

Shed and Storage Barn

Agronomy Storage Barn

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

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 Barn

Animal Husbandry Machine Shed

Animal Husbandry Shop

Animal Husbandry Corn Crib

Animal Husbandry Cow Barn Animal Husbandry Feed & Mill House

Animal Husbandry Cow Barn

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Animal Disease Laboratory

Pump House

Animal Disease Isolation House 1954

Animal Disease Small Animal House

Animal Disease Feed House

Employee's Cottage

Employee's cottage

Employee's Cottage, 3 @ $2,000

Employee's Cottage

Garage and Barn

Storage Barn

Hog Farrowing House

1951

Cow and Storage Barn

Main Employee's Cottage

400.00 $ 2 ,0 00.00 2 ,0 0 0.00 12,0 0 0 .0 0 1 ,0 0 0 .0 0 2 ,0 0 0.00 1 ,0 0 0.00
650.00
2,800.00
1,500.00
2,800.00
3,000.00
33,000.00 400.00 200.00 200.00
1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 4 ,0 00.00
200.00 8 ,0 0 0.00 1 ,0 0 0 .0 0
200.00 1 ,0 0 0 .0 0 2 ,0 0 0.00 2,800.00 3 ,0 0 0 .0 0
400.00 1 ,0 0 0 .0 0
200.00 200.00 71,680.74 200.00 28,880.84
1,800.00
300.00 1 ,0 0 0 .0 0 2,800.00 6 ,0 0 0 .0 0 3,300.00
100.00 500.00
2,500.00 1 ,200.00 2,500.00

$

$

400.00

2 ,0 0 0 .0 0

2 ,0 0 0 .0 0

12,0 0 0 .0 0

1 ,0 0 0 .0 0

2 ,0 0 0 .0 0

1,0 0 0 .0 0

650.00

2,800.00

1,500.00

2,800.00

3,000.00

33,000.00

400.00

200.00

200.00

1 ,0 0 0 .0 0

1 ,0 0 0.00

4 ,0 0 0 .0 0

200.00

8 ,0 0 0 .0 0

1 ,0 0 0.00

200.00

1 ,0 0 0 .0 0

2 ,0 0 0 .0 0

2,800.00

3,000.00

400.00

1 ,0 0 0.00

200.00

200.00

71,680.74

200.00

28,880.84

1,800.00

300.00

1 ,0 00.00

2,800.00

6 ,0 0 0 .0 0

3,300.00

100.00

500.00

2,500.00

1 ,2 0 0 .0 0

2,500.00

173

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acauired Of Year

Additions

Investment End of Deductions Year

B. BUILDINGS (CONTINUED)

Cook County

Employee's Cottage

1938

Barn

Shed

Berrien County

Shed

1941

Shed (Old Still)

Shed (Pump House)

Einployep's Cottage

Main Dwelling

Barn

Corn Crib

Employee's Cottage

Barn

Barn and Shed

Commissary Building

Decatur Cbunty

Office & Tobacco Storage Bldg.

Tool and Fertilizer Barn

General Purpose Barn

Tobacco Curing Barn, 40x60'

Tobacco Curing barn, 40x120*

Superintendent's Dwelling 1952

Employee's Cottage

Employee's Cottages* 3 @ $250

Employee's Cottages, 3 @ $200

Machine Shed, 86x36*

Tobacco Curing Barn, 40x120'

Miscellaneous Buildings

TOTAL BUILDINGS

C. EQUIPMENT Administration Building (Bldg. Auth.) Administration & General Physical Plant Library Research

TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

$ 2,500.00 $

$

400.00

100,00

300.00 400.00 300.00 1 ,000.00 3,500.00 500.00 300.00 2 ,000.00 500.00 400.00 400.00

6 ,000.00 300.00
4,000.00 1,500.00 3,000.00 11,237.13
300.00 750.00 600.00 1 ,000.00 3,000.00 4.432.13

$ 596.382.86 $143,480.23 $

$ 2,500.00 400.00 100.00
300.00 400.00 300.00 1 ,0 00.00 3,500.00 500.00 300.00 2 ,0 0 0 .0 0 500.00 400.00 400.00
6 ,0 0 0 .0 0 300.00
4,000.00 1,500.00 3,000.00 11,237.13
300.00 750.00 600.00 1 ,0 0 0 .0 0 3,000.00 4.432.13
$ 739.863.09

$

$ 580.31 $

$

580.31

10,932.49

1,057.21 2,643.55

9,346.15

4,786.01

927.21

997.51

4,715.71

14,790.93

1,200.15

15,991.08

282.863.18 24.330.94 30.035.79

277.158.33

$ 313.372.61 $ 28.095.82 $33,676.85 $ 307.791.58

$1,094,430.87 $171,576.05 $33,676.85 $1,232,330.07

174

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 Ended June 30, 1955

Georgia Institute of Technology Atlanta, Georgia
175

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET JUNE 30, 1955

ASSETS

CURRENT FUNDS

A. GENERAL

Cash in Bank

$

Imprest Cash

Utilities Deposit - Sou. Tech

Accounts Receivable

Veterans Administration

$ 2,328.00

Other-Army, Navy, Etc. TOTAL GENERAL FUNDS

1.148.86

366,341.02 34,800.00 3,000.00
3.476.86

B. ENGINEERING EXPERIMENT STATION

Cash in Bank

Imprest Cash

Accounts Receivable

GTRI Projects

116,773.04

Other Rsch. Contracts

16,007.98

GTRI General

7.614.02

TOTAL ENG. EXP. STATION

(->37,989.30 200.00
140.395.04

C. RESTRICTED Cash in Bank

D. AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Stores (Inventories) Bookstore Dining Halls Military Uniforms TOTAL AUXILIARY

118,718.61 15,094.63 4.408.48

211,687.48 5,029.00 49.08
138.221.72

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

ENDOWMENT FUNDS Cash in Bank Investments
Georgia Tech Building Real Estate WGST Radio Station Stocks, Preferred Stocks, Comnon U.S. Securities Georgia Tech Bonds Univ. System Bldg. Auth. Bonds State Hospital Auth. Bonds Notes Receivable-Student
TOTAL ENDOWMENT FUNDS

197,876.04 76,246.09 4,915.58 6,547.50 30,656.25 57,900.00
161,000.00 619,000.00
25,000.00 2.318.03

407,617.88
102,605.74 174,328.95
354,987.28 $ 1,039,539.85 304,093.24
131,542.17

1.181.459.49

1,313,001.66

176

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET JUNE 30f 1955

LIABILITIES

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

$ 39,911.90 17,206.83
238,119.00 112.380.15
$ 407,617.88

B. ENGINEERING EXPERIMENT STATION Purchase Orders Outstanding Surplus TOTAL ENG. EXP. STATION

48,473.64 54.132.10

102,605.74

C. RESTRICTED Fund Balance

174,328.95

D. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

20,405.73 80,367.93 138,221.72 115.991.90

354.987.28 $ 1,039,539.85

II. AGENCY FUNDS Fund Balance

304,093.24

III. ENDOWMENT FUNDS Fund Balance

1,313,001.66

177

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET JUNE 30, 1955

ASSETS (CONTINUED)

IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments U. S. Securities Univ. System Bldg. Auth. Bonds TOTAL STUDENT LOAN FUNDS

$ 38,594.91 43,368.02

$ 14,050.00 23.000.00

37.050.00 $ 119,012.93

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

356,476.02 296.837.51

653,313.53

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

1,382,766.23 13,784,189.49
2,123,259.41 6.875.965.32

24.166.180.45

24.819.493.98

$27.595.141.66

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $19,284,400.

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET JUNE 30, 1955

LIABILITIES (CONTINUED)

IV. STUDENT LOANS Fund Balance
V. P U N T FUND A. UNEXPENDED Reserve for Bond Sinking Fund Reserve for Callaway No. 1 Fund Balance TOTAL UNEXPENDED

$ 119,012.93
$ 259,930.77 13,286.98
380.095.78 $ 653,313.53

B. EXPENDED Due to Endowment Funds Bonds Payable Equity of Univ. System Bldg. Auth. Invested In Plant TOTAL EXPENDED
TOTAL P U N T FUND
TOTAL LIABILITIES

197,876.04 2,304,000.00 3,566,612.96 18,097.691.45

24.166.180.45

24.819.493.98

$27.595.141.66

180

A. INCOME Student Fees Public Appropriations State of Georgia Other Endowment Gifts & Grants Sales & Services Research Contract Overhead Bookstore Dormitories Apartments Dining Halls Residential Property Student Bank Military Uniforms Other
TOTAL INCOME

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY OF INCOME
FOR YEAR ENDED JUNE 30, 1955

EDUCATIONAL AND GENERAL Experiment

General

Restricted Station

Auxiliary

Plant

Student Aid

Total

$2,475,353.42 $

$

$

1,569,000.00
10,342.88 9,166.56

25,306.34 150.00
51,611.00

119,000.00 1,445,587.03

$

$

$2,475,353.42

83,332.37
23,190.00 101.00

14,597.55 201,300.35

1,688,0 00.00 108,638.71 25,090.43 285,267.91
1,445,688.03

124,329.39 4,805.84

643,846.89 377,396.06 296,209.93 738,156.51
23,989.21 2,386.00
100,066.50 13,191.56

4,951.81

124,329.39 643,846.89 377,396.06 296,209.93 738,156.51
23,989.21 2,386.00
100,066.50 22,949.21

$4,192,998.09 $77,067.34 $1,564,587.03 $2,195,242.66 $111.575.18 $215,897.90 $8,357,368.20

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY OF EXPENDITURES
FOR YEAR ENDED JUNE 30, 1955

EDUCATIONAL AND GENERAL Experiment

General

Restricted Station

Auxiliary

Plant

Student Aid

Total

B. EXPENDITURES

EDUCATIONAL AND GENERAL

Admin. & General

$ 326,561.15 $

$

$

$

$

Student Welfare

134,426.72

Plant Operations

585.923.93

Library

170,271.76 16,316.78

Instruction

2,047,780.24 50,035.95

Research

1,325.69

Extension

554.738.94 15,146.02

ENGINEERING EXP. STATION

GTRI - Projects

1,082,627.42

Other Sponsored Rsch.

20,044.35

Services to Ga. Tech

4,838.68

Cooperative Resch.

50,729.65

Sta. Supported Rsch.

52,376.01

Term.-Cont.-Disallowances

4,827.92

Administrative Expenses

43,577.%

Divisional Expense

92,632.09

Service Groups

172,657.64

General & Mise.

72,284.65

Vacation Adj.

(-13,248.24

AUXILIARY ENTERPRISES Bookstore Dormitories Apartments Dining Halls Residential Property Military Uniforms Student Bank Misc. & General

546,575.91 222,200.26 160,619.06 620,933.62
7,008.66 86,832.31
2,754.13 38,373.96

PLANT Plant Additions Indebtedness Retired Interest on Indebtedness
Other OTHER NON-EDUCATIONAL

294,190.38 122,349.76 60,298.86
25,306.46

Fellowships Scholarships

Other

TOTAL EXPENDITURES

$ 326,561.15 134,426.72 585,923.93 186,588.54
2,097,816.19 1,325.69
569,884.96
1,082,627.42 20,044.35 4,838.68 50.729.65 52,376.01 4,827.92 43,577.% 92,632.09 172,657.64 72.284.65
(->3,248.24
546,575.91 222,200.26 160,619.06 620,933.62
7,008.66 86,832.31
2,754.13 38,373.96
294,190.38 122,349.76 60,298.86
25,306.46
15.00

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT INCOME FOR YEAR ENDED JUNE 30, 1955
General Income

Restricted Income

Total

A. EDUCATIONAL AND GENERAL STUDENT FEES DAY SCHOOL Non-Resident Tuition Matriculation Health Service Summer School Other EXTENSION DIVISION Non-Resident Tuition Matriculation Other SOUTHERN 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

$ 719,575.24 $ 737,660.55 111,806,39 358,428.52 8,416.12
65,160.10 228,742.40
4,241.00
48,170.15 180,031.13
8,137.07 4.984.75 $2.475.353.42 $

$ 719,575.24 737,660.55 111,806.39 358,428.52 8,416.12
65,160.10 228,742.40
4,241.00
48,170.15 180,031.13
8,137.07 4.984.75 $2.475.353.42

$1,569,000.00 $

$1,569,000.00

7,287.00

7,287.00

18.019.34

18.019.34

$1.569.000.00 $ 25.306.34 $1.594.306.34

ENDOWMENT Julius L. Brown Josephine Cloudman Dr. Lloyd C. Daniels Forrester-McRae-Rankin Edmund Magers Broadus E. Willingham TOTAL ENDOWMENT
GIFTS AND GRANTS A. W. Baker V. T. Baldwin, Jr. William H. Bloodworth Clarence E. Burke Hugh E. Carmichael P. E. Davis George G. Evans Robert B. Flowers Jose C. Gattas Georgia Blue Print Company Georgia Tech Alumni Foundation Georgia Tech Club of New York General Education Board Daniel C. Kyker, Jr. Daniel F. Langenwater

$ 6,861.01 $ 3,435.62
43.75 2.50
$ 10.342.88 J L

$ 125.00
25.00 150.00 $

6,861.01 3,435.62
125.00 43.75 2.50 25.00
10.492.88

5.00 $ 5.00 25.00 50.00 5.00 10.00 10.00 10.00 6.00
250.00 5Q,0 0 0 .0 0
20.00 15.00

5.00 5.00 25.00 50.00 5.00 10.00 10.00 10.00 6.00 25.00 900.00 20 .0 0 50,000.00
20.00 15.00

182

*

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total

GIFTS AND GRANTS (CONTINUED) T. C, Longino L. G. Monroe, Jr. Holton R. Parris, Jr. Mrs. Rhodes Perdue G. Ballard Sinmons, Jr. Marvin H. Stuart Roy R. Sweet, Jr. Washington E. Walker Lucile Fairley West Westinghouse Education Foundation DeWitt A. Worrell TOTAL GIFTS AND GRANTS
OTHER SOURCES Research Contract Overhead General and Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. ENGINEERING EXPERIMENT STATION INCOME FOR DIRECT EXPENDITURES Georgia Tech Research-Institute-Contracts Other Sponsored Research Services to Georgia Tech Cooperative Research TOTAL INCOME FOR DIRECT EXPENDITURES
INCOME FOR INDIRECT EXPENDITURES AND STATION SUPPORTED RESEARCH
Georgia Tech Research-Institute-Contracts Georgia Tech Research-Institute-Other Other Sponsored Research Services to Georgia Tech Cooperative Research Service Groups Income from Royalties Endowment Income
Daniel Guggenheim Philip R. -Lamar Louis Wellhouse Miscellaneous Income Public Appropriations-State of Ga.-Operations TOTAL INCOME FOR INDIRECT EXPENDITURES AND STATION SUPPORTED RESEARCH
TOTAL EXPERIMENT STATION INCOME
TRANSFERS FROM: General Funds
TOTAL ENGINEERING EXP. STATION RECEIPTS

$

$ 100.00 $

100.00

25.00

25.00

10.00

10.00

1,0 0 0 .0 0

1,0 0 0 .0 0

25.00

25.00

5.00

5.00

10.00

10.00

15.00

15.00

1,741.56

1,741.56

6,500.00

10.00

6,500.00 10.00

9.166.56 $ 51.611.00 J L 60.777.56

$ 124,329.39 $

$ 124,329.39

129.135.23

129.135.23

4.192.998.09 77.067.34 4.270.065.43

$ 997,711.57 $ 16,220.16 2,780.47 42.313.69
1.059.025,89 $

$ 997,711.57 16,220.16 2,780.47 42.313.69
1.059.025.89

$ 300,682.21 $ 37.426.75 9.812.03 332,49 1.852.04 26.412.75 84.66
5,328.92 892.50 6L.82
3,674.97 119.000.00
505.561.14 $
1.564.587.03 $
124.329.39 $
1.688.916.42 $

$ 300,682.21 37.426.75 9.812.03 332.49 1.852.04 26.412.75 84.66
5,328.92 892.50 61.82
3,674.97 119.000.00
505.561.14
1.564.587.03
124.329.39
1.688.916.42

183

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman Glenn Harris Harrison Howell Smith Technical Institute Techwood Towers TOTAL DORMITORIES
APARTMENTS Burge Callaway Callaway No. 1 Lawson TOTAL APARTMENTS
DINING HALLS Brittain Southern Technical Institute Bradley TOTAL DINING HALLS
RESIDENTIAL PROPERTY Regular Trust Fund Property TOTAL RESIDENTIAL PROPERTY
STUDENT BANK
MILITARY UNIFORMS Sales
Y.M.C.A. CAMP INCOME
OTHER
TOTAL AUXILIARY ENTERPRISE INCOME
TRANSFERS FROM: Plant Fund
TOTAL AUXILIARY ENTERPRISE RECEIPTS

General Income

Restricted Income

Total

!_ 643.846.89 $

643.846.89

$ 13,506.37 $
15,795.01 80,511.50 15,699.60 28,694.85 20,853.85 72,855.20 37,935.41 41,276.97 50.267.30
E 377.3%. 06 $

$ 13,506.37 15,795.01 80,511.50 15,699.60 28,694.85 20,853.85 72,855.20 37,935.41 41,276.97 50.267.30
377.396.06

$ 53,124.45 $
131,537.17

$ 53,124.45 131,537.17

6,029.73

6,029.73

105.518.58

105.518.58

L 2%. 209.93 J _________

296.209.93

$ 413,565.99 $
119,276.20
205.314.32
L 738.156.51 $

$ 413,565.99
119,276.20
205.314.32
_ L 738.156.51

$ 11,500.90 $

$ 11,500.90

12.488.31

12.488.31

L 23.989.21 _i_________ _ J L 23.989.21

L

2.386.00 _$_________ _ L

2.386.00

L 100.066.50 _J_________

L

107.00 $

L 13.084.56 _J_________

$2,195,242.66 $

100.066.50

$

107.00

$ 13.084.56

$2,195,242.66

8.827.56 $

8.827.56

$2,204,070.22 _ J_________ $2,204,070.22

184

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID ENDOWMENT Architects Alumni Fund Batson Fund The John P. Holmes Scholarship Honoring Ben Z. & Sallie P. Holmes Lowry Fund The Martin Aircraft Scholarship Fund Silent Hoist & Crane Co. Materials Handling Prize Award Starke Patteson Sch. Fund. TOTAL ENDOWMENT
GIFTS AND GRANTS Acworth P.T.A. Air Force Aid Society Alexander-Tharpe Scholarship Fund, Inc. Aluminum Company of America American Cyanamid Company American Enka Corporation American Society of Civil Engineers American Viscose Corporation Amvets National Service Foundation Armco Foundation Atlanta Federal Savings Boy & Girl of the Year Committee Shepard Board The Buckeye Cotton Oil Company Callaway Educational Association Camp Foundation Central Georgia Fertilizer Company Celanese Corporation of America The Coca-Cola Company Community Enterprises Inc. H. Dale Critz Foundation The Crossett Company Dixie Products Foundation Dow-Corning Corporation Mrs. Alfred I. DuPont Educational Scholarship-Liv Pa Wei Educational Scholarship-Yo-Jen Chow The Exchange Bank of St. Augustine, Florida Fairfax High School Fort Lauderdale Daily News Gas Fuel Technology Foundation General Electric Company Georgia Tech Club of Augusta Greater Atlanta Georgia Tech Club Gulf Oil Company J. T. Harrison

General Income $
* $

Restricted Income

Total

$

16.31 $

293.75

16.31 293.75

225.00 12,513.16
585.96

225.00 12,513.16
585.96

150.00 813.37 $ 14.597.55 $

150.00 813.37 14.597.55

$ 100.00 $ 315.00
39,955.75 2,500.00 900.00 1,600.00 1,0 0 0 .0 0 500.00 500.00 2,400.00 1,0 0 0.00 150.00 100.00 2 ,0 0 0 .0 0 3,750.00 1,0 00.00 100.00 3,500.00
,500.00
1 000.00 1,600.00 1,2 0 0.00
500.00 2,325.50
250.00 4,500.00 7,200.00
300.00 200.00 750.00 2,845.00 750.00 350.00 750.00 1,216.00 100.00

100.00 315.00
39,955.75 2,500.00 900.00 1,600.00 1,0 00.00 500.00 500.00 2,400.00 1,0 00.00 150.00 100.00 2 ,0 0 0 .0 0 3,750.00 1,0 00.00 100.00 3,500.00 500.00 1,0 0 0 .0 0 1,600.00 1,2 00.00 500.00 2,325.50 250.00 4,500.00 7,200.00 300.00 200.00 750.00 2,845.00 750.00 350.00 750.00 1,216.00 100.00

185

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED) Holeproof Hosiery Company Holiday Isles Civitan Club Hawthorn School of Aeronautics Humble Oil Company Houston Endowment, Inc. The Kappa Alpha Edu. Foundation, Inc. Kappa-Sigma Fraternity The Keever Starch Company Knox Foundation Inc. Liquid Petroleum Gas Assoc., Inc. Lockheed Leadership Fund Lockheed Management Club Charles Lovidan Foundation, Inc. J. J. McLendon Magnolia Petroleum Co. The Glenn L. Martin Co. Monsanto Chemical Co. National Science Foundation J. C. Nichols Foundation Pan American Union Hugh Parker Patterson and Dewar Company Stark Patteson Fund Sam R. Phillips Elizabeth Ireland Poe Procon Inc. Radio Corporation of America The Rayonier Corporation Remington Rand Foundation Inc. Research Corporation Rhodes Fund Rossville Memorial Center Schlumberger Foundation Sears-Roebuck Foundation The Seley Foundation Inc. Shell Oil Company Skouras Theatres Corporation J. H. Smith Fund Inc. Socony-Vacuum Oil Company Square D. Company Albert Staton T. Earl Stribling Mem. Textile Fund Suburban Propane Gas Corporation Tellepsen Foundation Tennessee Eastman Company Texas Company Textile Education Foundation Textron Foundation
Tithers Inc. Union Carbide & Carbon Corporation
186

General Income

Restricted Income

Total

800.00 $ 250.00 500.00 1, 900.00 1, 000.00
17.38 50.00 400.00 400.00 1, 571.27 4, 200.00 500.00 2, 000.00 500.00 1, 500.00 307.00 500.00 33, 100.00 2, 000.00 250.00 150.00 400.00 470.84 200.00 450.00 1, 000.00 100.00 2, 500.00 1, 750.00 3, 600.00 3, 500.00 2, 225.00 2, 000.00 1, 100.00 60.00 2, 500.00 125.00 100.00 7, 000.00 1, 000.00 1, 500.00
4, 442.61 370.00
1, 000.00 2, 616.00 1, 200.00 3, 500.00
500.00 335.00
416.00

800.00 250.00 500.00 1, 900.00 1, 000.00
17.38 50.00 400.00 400.00 1, 571.27 4, 200.00 500.00 2, 000.00 500.00 1, 500.00 307.00 500.00 33, 100.00 2, 000.00 250.00 150.00 400.00 470.84 200.00 450.00 1, 000.00 100.00 2, 500.00 1, 750.00 3, 600.00 3 , 500.00 2, 225.00 2 , 000.00 1, 100.00 60.00 2, 500.00 125.00 100.00 7, 000.00 1, 000.00 1, 500.00
4, 442.61 370.00
1, 000.00 2, 616.00 1, 200.00 3, 500.00
500.00 335.00
416.00

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED) Union Bag & Paper Corporation Universal Oil Products Company W. & L. Food Stores Foundation Westinghouse Educational Foundation Richard K. Whitehead Foundation Arthur Williams Estate G. Mote Williams Foundation R. W. Woodruff TOTAL GIFTS AND GRANTS
TOTAL STUDENT AID
TOTAL CURRENT INCOME
TOTAL TRANSFERS
TOTAL CURRENT RECEIPTS

General Income

Restricted Income

Total

$

$ 8,350.00 $ 8,350.00

1 ,0 0 0 .0 0

1,0 0 0 .0 0

750.00

750.00

2,500.00

2,500.00

1,625.00

1,625.00

12.00

12.00

1,0 00.00

1,0 0 0 .0 0

500.00

500.00

3____________ $201,300.35 $ 201.300.35

3____________ $215,897.90 $ 215.897.90

$7.952.827.78 $292,965.24 $8,245,793.02

133.156.95

$8.085.984/73

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

A. EDUCATIONAL & GENERAL

ADMINISTRATIVE & GENERAL

President's Office $ 22,602.44 $

Exec. Dean's Office

14,746.17

Registrar's Office

68,490.69

Controller's Office

84,695.92

Public Relations

14,273.96

General Administration 97,288.67

Alumni Office

9,683.45

Vice Pres. Office

14.779.85

TOTAL ADM. & GEN. $ 326.561.15 $

STUDENT WELFARE

Infirmary

$ 76,905.11 $

YMCA

8,319.69

Dean of Students

49.201.92

TOTAL STU. WELFARE 3_ 134.426.72 $

$ 22,602.44 $

$

14,626.25

119.92

52,197.32

15,880.25

413.12

84,695.92

13,354.34

759.52

160.10

10,783.06

85,963.97

541.64

8,955.84

727.61

14.419.92

359.93

$ 221.635.09 $ 103.811.20 $ 1.114.86

$ 60,087.88 $ 8,319.69
46.595.91 $ 115.003.48 $

16,457.23 $
2.591.01 19.048.24 $

360.00
15.00 375.00

187

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________________________ Object Classification__________________

Operating

Fund Classification

Salaries

Supplies

General_____Restricted & Wages________ & Expense

Equipment

A. EDUCATIONAL & GENERAL (CONT.)

P U N T OPERATIONS

Bldgs. & Grounds Power Plant

$ 340,978.23 $ 136,049.03

Educ. Plant

108.896.67

TOTAL P U N T OPER. $ 585.923.93 $

$ 294,564.34 $ 34,015.70 $ 12,398.19

35,304.77

100,744.26

6.739.08

101.619.71

537.88

$ 336.608.19 $ 236.379.67 $ 12.936.07

LIBRARY

3L 170.271.76 $ 16.316.78 $ 119.431.16 $

2.920.24 $ 64.237.14

INSTRUCTION

ENGINEERING COLLEGE Dean's Office Aero Engineering

$ 16,019.87 $ 48,319.94

$ 14,029.83 $ 41,179.24

Architecture Ceramics Chemical Engr. Civil Engineer

123,800.87 36,920.20 76,486.91 101,690.59

50,025.00

156,108.59 33,099.66 65,454.48 89,992.97

Electrical Engr.

132,758.68

123,040.32

Engr. Draw. & Mech.

109,454.18

108,134.22

Industrial Engr.

71,715.24

65,814.16

Mechanical Engr.

147,127.90

135,304.84

Textile Engr.

64.699.23

60,093.72

TOTAL ENGR. SCHOOL $ 928.993.61 $ 50.025.00 $ 892.252.03 $

997.94 3,238.14 8.770.37 2,114.87 7,442.13 5,966.02 4,018.12
845.10 3,725.48 7,573.36 3.727.38 48.418.91

992.10 3,902.56 8,946.91 1,705.67 3,590.30 5.731.60 5,700.24
474.86 2.175.60 4,249.70
878.13 38.347.67

GENERAL COLLEGE

Dean's Office

$ 14,231.45

Chemistry

176,436.62

English

122,517.99

Ind. Management

122,627.13

Mathematics

156,642.35

Modern Languages

28,927.42

Music

10,942.13

Public Health

14,819.09

Physical Training

48,104.93

Physics

115,107.20

Psychology

23,959.25

Social Science

49.813.30

TOTAL GEN. COLLEGE $ 884.128.86

13,815.54 $ 152,763.83 120,677.81 120,601.28 153,501.18
27,779.84 10,411.38 14,352.56 41,202.30 102,720.61 22,001.76 48.519.48 828.347.57

298.81 16,100.71
1,347.43 1,428.91 2,093.84
242.02 430.07 466.53 6,902.63 4,328.32 1,482.33 915.36 36.036.%

$ 117.10 7,583.03 492.75 596.94 1,047.33 905.56 100.68
8,058.27 475.16 378.46
$ 19.755.28

MISCELLANEOUS INSTRUCTION

Dean of Faculties

$ 15,512.57

14,599.92

Co-op Dept.

25,639.72

23,112.25

Graduate Division

34,742.23

33,559.98

Army ROTC

6,519.69

5,335.69

Air ROTC

5,905.38

5,019.12

Naval Science

3,379.22

2,928.00

Summer School TOTAL MISC.

142.958.86 $ 234.657.77 $

142.958.86 $ 227.513.82 $

TOTAL INSTRUCTION

&2.047.780.24 $ 50.035.95 $1.948.113.42 $

617.65 2,428.76
824.75 1,030.61
578.21 208.72

295.00 98.71
357.50 153.39 308.15 242.50

5.688.70 $ 1.455.25 90.144.57 $ 59.558.20

188

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. RESEARCH General

Fund Classification

General

Restricted

Salaries & Waqes

:o n t .)

$ 1. 325.69 S

$

Operating Supplies & Expenses
'

Eauipment

S

1.69 S 1. 324.00

EXTENSION Administrative Evening School Short Courses Industrial Educ. Sou. Tech. Inst. TOTAL EXTENSION

$ 20, 934.24 $

$ 20, 405.09 $

164, 540.35

159, 472.37

41, 168.50

30, 656.04

11, 628.31 15, 146.02

24, 488.00

316. 467.54

257. 755.90

$ 554. 738.94 S 15. 146.02 $ 492. 777.40 S

429.15 3, 439.45
6 , 027.59 2, 198.28 36. 992.98 49. 087.45

$ 100.00 1, 628.53 4, 484.87 88.05
21. 718.66 S 28. 020.11

S3 . 821. 028.43 S 81. 498.75 S3 . 233. 568.74 S 501. 393.06 S167. 565.38

TRANSFERS TO: Engineering Exp. Sta. $

Plant Funds

TOTAL TRANSFERS

$

124, 329.39 17. 748.28 142. 077.67

TOTAL EDUC. & GENERAL

DISBURSEMENTS

S3 . 963. 106.10

B. ENGINEERING EXP. STATION

GTRI-PROJECTS

$1, 082, 627.42 $

Other Sponsored Rsch.

20, 044.35

Services to Ga. Tech

4, 838.68

Cooperative Rsch.

50, 729.65

Sta. Spons. Rsch.

52, 376.01

Term.-Cont.-Disa1.

4, 827.92

Admin. Expense Divisional Expense

43, 577.% 92, 632.09

Service Group General & Mise.

172, 657.64 72, 284.65

Vacation Adj.

( - 13. 248.24

TOTAL EXP. STA.

EXPENDITURES

S i . 593. 348.13 $

$ 871, 257.86 $ 211, 369.56 $

17, 581.11

2, 463.24

2, 398.43

2, 440.25

41, 766.04 40, 637.73

8, 049.12 11.J 17.07

914.49 621.21

2, 406.75

2, 421.17

39, 578.56 69. 193.15

1, 141.47 8, 865.87

2, 857.93 14, 573.07

147, 230.00

23, 454.21

1, 973.43

18, 360.11

52, 098.05

1, 826.49

( - ) 3. 248.24

S I . 247. 161.50 S 323. 420.01 S 22. 766.62

TRANSFER TO: Plant Funds

1. 542.20

TOTAL ENG. EXP. DISBURSEMENTS

S I . 594. 890.33

C. AUXILIARY ENTERPRISES

Bookstore

S 546. 575.91 $

$ 74. 033.69 S 460. 669.83 S 11. 872.39

DORMITORIES Brown Cloudman

$ 10, 635.10 $ 10, 926.37

$ 7, 342.79 $ 3, 292.31

6, 529.09

4, 397.28

189

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expenses

Equipment

AUXILIARY ENTERPRISES (CQNT.)

DORMITORIES (CONTINUED)

Glenn Harris

$ 29,968.19 $ 11,708.17

Harrison

13,898.39

Howell

13,837.28

Smith

30,961.92

Tech. Inst.

33,769.51

Techwood

41,044.24

Towers

25.451.09

TOTAL 'DORMITORIES 222.200.26 $

APARTMENTS Burge Callaway Callaway No. 1 Lawson TOTAL APARTMENTS

$ 28,123.71 $ 52,511.58 2,249.40 77.734.37
$ 160.619.06 $

DINING HALLS

Brittain Tech. Inst.

$ 351,624.84 $ 105,029.87

Bradley

164.278.91

TOTAL DINING HALLS $ 620.933.62 $

RESIDENTIAL PROPERTY

Regular

$

Trust Fund Property

2,593.42 $ 4.415.24

TOTAL RES. PROP. i- 7.008.66 $ .

MILITARY UNIFORMS

$ 86.832.31 $

STUDENT BANK

$ 2.754.13 $

MISC. & GENERAL

General Expense

$

Dining Hall Fire

TOTAL MISC. & GEN. $

26,844.77 $ 11.529.19 38.373.% $

TOTAL AUX. ENTERPRISE $1.685.297.91 $

TRANSFERS TO: Plant Fund

i- 555.025.55

TOTAL AUX. DISBURSEMENTS$2.240.323.46

$ 18,645.90 $ 7,624.99 8,116.09 8,918.26
19,025.41 21,002.08 20,546.68 16.235.38 $ 133.986.67 $

11,322.29 $

4,083.18

5,782.30

4,919.02

11,936.51

11,133.00

1,634.43

20,497.56

9.215.71

86.579.16 $ 1.634.43

$ 10,417.42 $ 17,706.29 $

21,755.23

30,756.35

892.33

1,357.07

39.548.80

37.226.32

$ 72.613.78 $ 87.046.03 $

959.25 959.25

$ 124,287.91 $ 223,928.65 $ 3,408.28

31,996.16

73,033.25

.46

52.960.50

111.075.16

243.25

$ 209.244.57 $ 408.037.06 $ 3.651.99

$ 1,373.03 $ 1,220.39 $

1.997.59

2.417.65

$ 3.370.62 $ 3.638.04 $

$ 3.099.96 $ 83.732.35

$ 2.752.88 $

1.25

$ .... $

17,129.25 $ 28.20
17.157.45 $

8,702.52 $ 1,013.00

3.876.99

7.624.00

12,579.51 $ 8.637.00

$ 516.259.62 $1,142.283.23 $ 26,755.06

STUDENT AID

Fellowships

$

Scholarships

Prizes

TOTAL STU. AID

$

$ 34,034.92 $ 34,034.92 $

144,034.34

144,034.34

15.00

15.00

$178,084.26 $ 178,084.26 $

$ $_________

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENTS EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Waqes

& Expense

Eauipment

TOTAL CURRENT EXPENDITURES $7,099,674.47 $259,583.01 $5,175,074.12 $1,967,096.30 $217,087.06

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS FOR YEAR ENDED JUNE 30, 1955

Balance Beginning
Of Year

Receipts For
Year

Disbursements
For Year

Balance End Of
Year

EDUCATIONAL AND GENERAL GIFTS AND GRANTS
Dr. Chas. W. Thomas - Chemistry F. Graham Williams - Arch. Gen. Electric Corp. Alumnus Fund Ga. Tech Club of N.Y.- Library Gen. Educ. Board - Arch. T. C. Longino - Library Mrs. Rhodes Perdue - Library Mrs. Mary Howard Gilbert - Library
TOTAL GIFTS AND GRANTS

$

20.70 $

234.37

$

10.95 $

25.00

261.00

250.00

50,000.00 50,000.00

100.00

1,0 0 0 .0 0

50.000.00 *

$ 50.255.07 $ 51.611.00 $ 50.035.95 $

9.75 209.37 261.00 250.00
100.00 1,0 0 0 .0 0 50.000.00 51.830.12

PUBLIC APPROPRIATIONS Vocational Funds

$(-)10.160.32 $ 25.306.34 $ 15.146.02

TRANSFERS FROM GENERAL FUNDS For Library G.E.B.
OTHER Lloyd C. Daniels Fund Records for Music Room Broadus E. Willingham Textile Fund TOTAL OTHER
TOTAL EDUCATIONAL & GENERAL

$ 15.478.% $

$ 15.428.56 $

50.40

$ 131.07 $ 933.46 75.00
$ 1.139.53 $

125.00 $
25.00 150.00 $

$ 888.22
888.22 _L

256.07
45.24 100.00 401.31

$ 56.713.24 $ 77.067.34 $ 81.498.75

52.281.83

B. STUDENT AID FELLOWSHIPS American Society of Civil Engrs. Buckeye Cotton Oil Co. Delta Air Lines Dow-Corning Corporation Gulf Oil Company Harry E. Johnson Nat. Science Found. No. 1 Nat. Science Found. No. 2

$

, $ 1, 000.00 2 000.00

7,500.00

192.91

2,325.50

38.50

1,216.00

18.60

3.100.00

8.400.00

1, 000.00 $ 2,012.18 1,546.77
966.00
5,182.47

(-- )12.18 7.500.00
971.64 288.50
18.60 3.100.00
3,217.53

191

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

STUDENT AID (CONTINUED) FELLOWSHIPS (CONTINUED)
National Science Found. No. 3 National Science Found. No. 4 National Science Found. No. 5 National Science Found. No. 6 Edward Orton Jr. Ceramic Found. Rayonier, Inc. Research Corp. No. 1 Research Corp. No. 2 Research Corp. No. 3 Research Corp. No. 4 Research Corp. No. 5 Research Corp. No. 6 Shell Oil Company Stone Mountain Grit. Co. T. Earl Stribling Fund Tennessee Eastman Co. Texas Company Westinghouse Educ. Foundation
TOTAL FELLOWSHIPS
SCHOLARSHIPS Acworth P.T.A. Adair-Oldknow Fund Air Force Aid Society Alexander Thorpe Fund Louis Allis Aluminum Company of America American Brake Shoe Company American Cyanamid Company American Enka Co. American Viscose Company Amvets Anonymous Armco Foundation Atlanta Federal Savings No. 1 Atlanta Federal Savings No. 2 Atlanta Gas Light Company Atlantic Refining Company Batson Fund Birmingham Ga. Tech Alumni Club Boy & Girl of the Yr. Committee Shepard Broad Callaway Educ. Assoc. No. 1 Callaway Educ. Assoc. No. 2 Callaway Educ. Assoc. No. 3

Balance Beginning
Of Year

Receipts For
Year

Disbursements
For Year

Balance End Of Year

$ 4,239.22 $ 2,400.00 $ 3,894.23 $

7,100.00

1,926.67

2,939.71

9 ,0 0 0.00

2,939.71

6,711.23

3,100.00

2,944.85

117.24

439.89

2,500.00

607.93

1,800.00

37.50 2,705.48 1,800.00

912.30 1,500.00

100.00

1,800.00

1,500.00

499.31

2,500.00

2,268.48

125.00 8,978.03

4,442.61

436.49

423.76 1,662.41

2,616.00 1 ,2 0 0 .0 0

2,596.84 1,800.00

2.500.00

$ 38.528.79 $ 59.000.11 $ 34.034.92 $

2,744.99 5,173.33 9,000.00 6,866.38
117.24 2,331.96 1,800.00
37.50 1,793.18
300.00 100.00 300.00 730.83 125.00 12,984.15 442.92 1,062.41 2.500.00 63.493.98

$

$ 100.00 $ 100.00 $

411.61

315.00

315.00

344.82 39,955.75 39,955.75

500.00

500.00

3,000.01

2,500.00

2,833.36

2,522.33

1,566.67

900.00

600.00

266.66

1,600.00

1,8 6 6.66

500.00

500.00

500.00

500.00

589.14

329.38

650:00

2,400.00

3,050.00

500.00

500.00

270.00

500.00 463.36

293.75

500.00 110.00

300.00

300.00

150.00

100.00

133.33

100.00

266.67

750.00

750.00

500.00

500.00

750.00

750.00

411.61
344.82 2,666.65
955.66 300.00
259.76 500.00 500.00 270.00 647.11
50.00 (-)33.34

192

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning
Of Year

Receipts For
Year

Disburse ments
For Year

Balance End Of
Year

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) Callaway Edu. Assoc. No. 4 Callaway Edu. Assoc. No. 5 Callaway Edu. Assoc. No. 6 Camp Foundation Louie Jones Cassels Central Ga. Fertilizer Company Celanese Corp. of America Clark Brothers Company Coca Cola Company Colonial Dames of America Columbia Southern Company Community Enterprises Inc. No. 1 Community Enterprises Inc. No. 2 Community Enterprises Inc. No. 3 Community Enterprises Inc. No. 4 Community Gas Company H. Dale Critz Foundation Crossett Company Delta Tank Mfg. Company Dixie Products Foundation Douglas Aircraft Company Inc. Mrs. Alfred I. DuPont Edu. Sch. - Frank Y. L. Liv Edu. Sch. - Liv Pa Wei Edu. Sch. - Yo-Jen Chow Emergency Scholarship Fund Exchange Bank of St. Augustine, Fla. Fairfax High School Ft. Lauderdale Daily News No. 1 Ft. Lauderdale Daily News No. 2 Gas Equipment Supply Company Gas Fuel Yechnology Foundation General Electric Company No. 1 General Electric Company No. 2 Georgia Distributors Inc. Ga. Tech Club of Augusta Ga. Liquified Pet. Gas Assoc. Greater Atlanta Ga. Tech Club J. T. Harrison Wm. P. Heath - Coca Cola Company Holeproof Hosiery Company Holiday Isles Civitan Club John P. Holmes Fund Chas. L. Howard Memorial No. 1 Chas. L. Howard Memorial No. 2 Humble Oil Company Jesse H. Jones-Honoring Gen. Clay Kappa Alpha Edu. Found., Inc.

$

$ 500.00 $ 500.00 $

500.00

500.00

750.00

750.00

1,0 00.00

1 ,0 00.00

1,625.00

1,458.34

166.66

100.00

100.00

369.40

3,500.00

1,504.82

125.00 500.00

500.00

125.00 500.00

500.00

56.00

56.00 333.34 (-)333.34

500.00 566.68 1,0 00.00

1 ,0 0 0 .0 0

333.34 66.67
333.34

166.66
500.01 666.66 1 ,0 0 0 .0 0

180.00

180.00

1,600.00

1,600.00

1 ,2 0 0 .0 0

1,2 00.00

90.00

90.00

500.00

500.00

600.00

600.00

250.00

250.00

1,822.00

1,650.00

172.00

4,500.00

4,500.00

7,200.00

7,200.00

5.92

5.92

300.00

300.00

200.00

200.00

375.00

375.00

375.00

375.00

332.60

332.60

2,845.00

2,845.00

500.00

500.00

250.00

250.00

90.00

90.00

350.00

350.00

90.00

90.00

750.00

750.00

100.00

100.00

5.00

5.00

800.00

800.00

250.00

250.00

533.64

225.00

400.00

358.64

500.00

250.00

250.00

293.00

293.00

233.00

1,900.00

1,836.75

296.25

599.99

1 ,0 0 0 .0 0

1,299.99

300.00

(-) 17.38

17.38

193

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED)
Kappa Sigma Fraternity Keever Starch Company Knox Foundation, Inc. Lincoln Foundation Liquid Pet. Gas Assoc., Inc. Lockheed Leadership Fund No. 1 Lockheed Leadership Fund No. 2 Lockheed Management Club Lockheed National Engineering Chas. Lovidans Foundation, Inc. Lowry Ftfnd Kate McGrath Fund McLendon Scholarship Fund Magnolia Petro. Company Martin Aircraft Scholarship Glenn L. Martin Company Monsanto Chemical Company J. C. Nichols Foundation North Fulton Dads' Club Pan American Union Hugh Parker Lulu Parlett Memorial Patterson and Dewar Starke Patterson No. 1 Starke Patterson Phillips Petroleum Company Annie Laurie Galloway Phillips Sam R. Phillips No. 1 Sam R. Phillips No. 2 Pilot Freight Carriers, Inc. Elizabeth Ireland Poe Procon, Inc. Radio Corp. of America Remington Rand Found. Inc. Rhodes Scholarship Robert & Company Associates Rossville Memorial Center Rumbold & Company Inc. Schlumberger Foundation Sears-Roebuck Found. No. 1 Sears-Roebuck Found. No. 2 Sears-Roebuck Found. No. 3 Sears-Roebuck Found. No. 4 Sears-Roebuck Found. No. 5 Sears-Roebuck Found. No. 6 Seley Foundation, Inc. Servel, Inc. Silent Hoist & Crane Company

Balance Beginning
Of Year

Receipts For
Year

Disbursements
For Year

Balance End Of
Year

$ 400.00 250.00 180.61 10.00
10,734.09 141.00 500.00 307.00
23.00
173.55 400.00 325.00 3,163.11
40.00 200.00 124.00 1,0 0 0 .0 0
3,294.00 1 ,2 0 0 .0 0
78.50 90.00
(-H15.00
495.00 390.00
85.35

$

50.00

400.00

400.00

1,571.27 1,600.00 1 ,0 0 0 .0 0
500.00 1,600.00 2 ,0 00.00 12,513.16

500.00 1,500.00
585.96 307.00 500.00 2 ,000.00

250.00 150.00

400.00 813.37 470.84

200.00

450.00 1 ,0 0 0 .0 0
100.00 1,750.00 3,500.00
2,225.00
2 ,0 0 0.00 200.00 200.00 200.00 200.00 200.00 100.00 60.00

$

50.00

400.00

400.00

1,751.88 1,600.00 1,0 0 0.00
500.00 1,600.00 2 ,0 00.00 6,650.84

200.00 1,0 00.00
307.00 307.00 500.00 500.00
23.00 250.00
50.00 173.55 400.00

450.00 1 ,0 0 0 .0 0
1,750.00 7,820.00 1 ,2 0 0 .0 0 2,303.50
90.00 1,833.33
200.00
200.00 85.00 144.00 100.00
555.00 360.00

$ 400.00 250.00
10.00
16,596.41 141.00 800.00 500.00 585.96
1,500.00
100.00 400.00 813.37 795.84 3,163.11 200.00 40.00 200.00 124.00 1,0 0 0.00 100.00 (-)1,026.00
166.67 200.00
56.00
30.00 85.35

194

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

Balance Beginning
Of Year

Receipts For
Year

Disbursements
For Year

Balance End Of
Year

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) Skouras Theatres Corp. J. H. Smith Found., Inc. Socony-Vacuum Oil Co. No. 1 Socony-Vacuum Oil Co. No. 2 Square "D" Company Mary White Staton Suburban Propane Gas Corp. Tellepsen Foundation Textile Education Foundation Textron Foundation Tithers, Inc. No. 1 Tithers, Inc. No. 2 Union Carbide & Carbon Corp. Union Bag & Paper Corp. Universal Oil Products Company W & L Food Stores Foundation Arthur Williams Estate G. Mote Williams Women's Chamber of Commerce R. W. Woodruff TOTAL SCHOLARSHIPS
PRIZES Architects Alumni Prize Fund Silent Hoist G Crane Co. Materials Handling Prize TOTAL PRIZES
TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

$ 1,062.86
192.50 800.01
1,367.00 (-)1 2 . 0 0
300.00 231.00 $ 45.356.69

$ 125.00 100.00
4,000.00 3,000.00 1,0 0 0 .0 0 1,500.00
370.00 1 ,0 0 0 .0 0 3,500.00
500.00 200.00 135.00 416.00 8,350.00 1,0 0 0 .0 0 750.00
12.00 1 ,0 0 0 .0 0
500.00 $156,731.48

$ 125.00 100.00 924.81
3,103.42 1,0 00.00 1,500.00
370.00
5,733.33 500.00 200.00 135.00 416.00
8,350.00 1,276.00
625.00
1,0 0 0 .0 0 300.00
$144,034.34

$ 3,075.19 959.44
1,192.50 (-)l,433.32
1,091.00 125.00
731.00 $ 58.053.83

$ 198.00 $

16.31 $

15.00 $

199.31

150.00

150.00

$ 348.00 $ 166.31 $

15.00 $

300.00 499.31

$ 84.233.48 $215,897.90 $178,084.26 $ 122.047.12

$140,946.72 $292,965.24 $259,583.01 $ 174.328.95

STATEMENT 1OF TRUST FUND BALANCES FOR YEAR ENDED JUNE 30, 1955

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
additions
Gifts and Grants Income on Investments Income on Student Loans Collection of Notes Previously Written Off Discount on Bonds Sale of Oil & Lease of Oil Land

Endowment Funds

Loan Funds

Total Funds

$1,261,842.37 $115,518.36 $1,377,360.73

40,077.58 38,595.00
10.11 40.00 1,153.55
5,110.99

2,645.45 720.13
2,094.76 671.99

42,723.03 39,315.13
2,104.87 711.99
1,153.55 5,110.99

195

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES (CONTINUED)

ADDITIONS (CONTINUED) Transfer from Loan Funds Transfer from Endowment Funds Transfer from Restricted Funds TOTAL ADDITIONS
DEDUCTIONS Uncollectable Note Written Off Annuity Payments Texas Farm Expense Premium on Bonds Transferred to General Funds Transferred to Restricted Funds Transferred to Loan Funds Transferred to Experiment Station Transferred to Endowment Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Fund

Loan Funds

Total Funds

$ 2,554.18 $

$

1,610.92

300.00

L 87.541.41 X 8.043.25 X

ilk

$

$

1,862.50

268.75

1,266.28

10,492.88

14,597.55

1,610.92 6,283.24

JL 36.382.12 X

240.00 $ 1,754.50
2.554.18
4.548.68 X

2,554.18 1,610.92
300.00 95.584.66
240.00 1,862.50
268.75 3,020.78 10,492.88 14,597.55 1,610.92 6,283.24 2.554.18 40.930.80

$1,313,001.66 $119,012.93 $1,432,014.59

STATEMENT OF TRUST FUND BALANCES BY FUND FOR YEAR ENDED JUNE 30, 1955

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End
Of Year

ENDOWMENT FUNDS The Architect Alumni Asso. Prize Fund The Eugene 0. Batson Jr. Mem. Fund Julius L. Brown Professorship Mrs. Josephine L. Cloudman Mrs. Alice Spencer Coon Dr. Lloyd C. Daniels Fund Lettie Pate Evans Estate for Joseph Brown Whitehead Hospital Forrester-McRae-Rankin Etc. The Daniel Guggenheim School of Aeronautics The John P. Holmes Sch. Hr. Ben Z. & Sallie P. Holmes B. Mifflin Hood Chair of Ceramics The Clyde L. King, Jr. & John King Mem. The Philip R. Lamar Research in Cotton Seed Products Lowry Mem. Sch. Fund Edmund Magers General The Martin Aircraft Sch. Fund Thos. E. Mitchell Ed. Fund of the University of Georgia

$

300.00 $ 16.31 $ 16.31 $

11,034.10

293.75

293.75

183,318.50 12,330.75 7,219.76

78,339.65 3,435.62 3,435.62

4,350.00

97.88

97.88

5,000.00

125.00

125.00

300.00 11,034.10 188,429.49 78,339.65
4,350.00 5,000.00

23,785.92

1,910.03

43.75

43.75

23,785.92 1,910.03

168,111.95 6,190.20 6,190.20

168,111.95

6,262.50 98,815.81 12,500.00

225.00 14,397.91
321.25

225.00 321.25

6,262.50 113,213.72
12,500.00

32,000.00 504,618.21
102.79 15,944.71

892.50 14,460.66
2.50 641.25

892.50 14,420.66
2.50 585.%

32,000.00 504,658.21
102.79 16,000.00

51,996.93 3,905.97 1,351.79

54,551.11

196

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUNDS BALANCES BY FUND (CONTINUED)

Fund Balance

Fund Balance

Beginning

End

Of Year_____ Additions Deductions______Of Year

ENDOWMENT FUNDS (CONTINUED) Starke Patteson Mem. Sch. M. Rich Silent Hoist & Crane Co. Matl. Handling Prize Award Joseph M. Terrell Louis Wellhouse WGST Radio Broadcasting Station Broadus E. Willingham Textile Fund TOTAL ENDOWMENT FUNDS

$

5,137.50 $ 5,538.37 $ 813.37 $

9,862.50

50.00

50.00

5.000. 00

150.00

4,526.49

110.00

61.82

71,523.20

490.00

__ 1.000. 00

25.00

l .261.842.37 $87.541.41

150.00 110.00 61.82
25.00 $36.382.12

5.000. 00 4,526.49
72,013.20 1.000. 00
$ 1.313.001.66

STUDENT LOAN FUNDS

George W. Adair

$

William Ott Alston, Jr. Mem.

American Inst, of Arch., Ga. Chapter

J. Baldwin

M. R. Berry

James G. Boswell Foundation

S. F. Boykin T. P. Branch Memorial

Brittain-Busbin-Jerrell Emergency

J. B. Campbell Josiah Dana Cloudman

Holland Coleman Jr. Mem. Sch.

William B. Coleman Post 51 of Am. Legion

Mrs. Alice Spencer Coon

A. C. Dobbs Arthur J. Dyer Student

A. French

Ga. Federation of Labor

Ga. Tech Womens Club Ga. Tech Women Club-Sou. Tech. Inst.

Mary D. Gude

Lyman Hall J. M. High Mem. Loan Sch.

Dr. & Mrs. Thos. P. Hinman

Irving Subway Grating Co. Inc.

Louis Gholstin Johnson

Kappa Alpha Edu. Found. Inc. The Clyde L. King Jr. & John King Memorial

John King Memorial

Malta Lodge 641, F & A. M.

Lona Mansfield

Mrs. T. 0. Marshall

E. P. McBurney J. A. McFarland Thos. E. Mitchell Ed. Fund of the

University of Georgia

Joseph N. Moody

The Gayle Nimmocks Mem. Sch.

558.57 $ 13.60 $

550.81

12.45

234.76

52.20

1.00

3,169.33

81.14

4,027.04

102.20

1.00

149.20

2.74

551.90

29.50

610.97

8.82

12,576.05

197.13

762.55

435.92

479.86

11.00

1,234.97

112.40

84.60

3.00

1,010.09

3.17

1,998.37

32.62

1,030.48

1.54

103.89

51.00

235.46

3.17

1,7%. 51

28.68

2,399.09

51.58

223.13

5.25

386.25

8.50

513.80

88.00

.53

2,957.04

381.24

5,446.17 1,494.09

1,297.15

28.58

959.14

3.61

1,200.00 1,050.00

10,802.58

251.66

122.34

1.67

$ 71.45 456.45 71.45 71.45 142.90 71.45

446.70 2,365.00
160.59

1,557.69 18.22 3.00

2,554.18 142.90

572.17 563.26 234.76
53.20 3,179.02 4,027.04
103.20 151.94 581.40 619.79 12,316.73 1,198.47 490.86 1,347.37
87.60 1,013.26 1,959.54 1,032.02
103.89 51.00
238.63 1,825.19 2,379.22
228.38 394.75 513.80
88.53 3,195.38 6,940.26 1,325.73
962.75 2,250.00 10,982.79
124.01
(-)549.79 2,240.32
163.59

197

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

STUDENT LOAN FUNDS (CONTINUED) Quartermaster The L. W. (Chip) Robert, Jr. Scottish Rite Second Baptist Church, Bible Class 1 Sam W. Small T. W. Smith J. P. Stevens Joseph M. Terrell Thomaston Mills Clark Thornton Memorial E. A. Turner Arthur Williams Estate Emerg. Trust Mrs. Fannie B. Wright TOTAL STUDENT LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance Beginning Of Year

Additions Deductions

Fund Balance End
Of Year

$ 42,066.05 $ 1,703.60 $ 895.00 $ 42,874.65

107.62

2.25

109.87

1,230.54

26.50

1,257.04

612.73

23.64

636.37

108.11

2.25

110.36

301.89

7.25

309.14

5,582.15

109.91

71.45

5,620.61

1,231.86

117.06

1,348.92

1,501.85

10.31

1,512.16

414.00

9.75

423.75

50.70

50.70

667.98

16.81

684.79

1.059.98

24.53

1.084.51

$ 115.518.36 $ 8.043.25 $ 4.548.68 $ 119.012.93

$1.377.360.73 $95.584.66 $40.930.80 $1.432.014.59

DETAIL OF ENDOWMENT FUNDS-INVESTMENTS FOR YEAR ENDED JUNE 30, 1955

COMMON STOCK American Tel. & Tel. Company Ser. No. AB44521 - 95 shares
Bethlehem Steel Corporation Cert. No. 311,810 - 100 shares
Standard Oil Co. of New Jersey No. 0658094 - 50 shares
West Point Mfg. Company Ser. Nos. 7102-3-4-5-6 and 25970-1-2-3-42 ,0 0 0 shares TOTAL COMMON STOCK
PREFERRED STOCK Celanese Corporation Ser. No. 9382 Cum. - 35 shares Ser. No. 14913 Cum. - 15
Georgia Power Company E02966 - 3 shares TOTAL PREFERRED STOCK

Rate of Date of Interest Maturity

Book Value

Market Value

4% 4%
4.6

$ 15,793.75 $17,373.13 5,137.50 14,237.50 4,725.00 6,425.00

5.000.00 38.000.00 $ 30.656.25 $76.035.63

5,133.75 1,128.75

2,839.38 1,216.87

285.00

327.00

$""'6,04/.bO --4J383.25

198

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS-INVESTMENTS (CONTINUED)

CAMPUS REAL ESTATE 836 Cherry Street 846 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 REAL ESTATE
OFF CAMPUS REAL ESTATE Texas Property Lots in Atlanta TOTAL OFF CAMPUS REAL ESTATE
WGST BROADCASTING STATION
U. S. GOVERNMENTAL BONDS Series G - No. D3281889 Series F - No. Q1018443 Series F - No. Q1018444 Series G - No. V562480 Series G - No. M4837472 Series G - No. M4837473 Series G - No. M4837474 Series G - No. M4837475 Series G - No. V633190 Series G - No. V633191 Series G - No. C5289782 Series G - No. C5289783 Series G - No. C5289784 Series G - No. C5289785 Series G - No. M6901634 Series G - No. M6953159 No. 300287H

Rate of Date of Interest Maturity

Book Value

Market Value

$ 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.77 10,262.14
56,370.03 38,076.76 60.309.86 $197.876.04

$ 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.78 1,932.77 10,262.14
56,370.03 38,076.76 60.309.86 S197.876.04

$ 74,015.78 $ 74,015.78

2.230.31

2.230.31

$ 76.246.09 $ 76.246.09

$ 4.915.58 $225,926.30

2-1-56 $ 500.00 $

493.00

12-1-57

25.00

24.40

12-1-57

25.00

24.40

7-1-57

5 ,0 00.00

4,880.00

2K2

7-1-58

1,0 00.00

970.00

7-1-58

1,0 0 0 .0 0

970.00

2%

7-1-58

1,0 0 0 .0 0

970.00

2g

7-1-58

1,0 0 0 .0 0

970.00

3-1-60

4,400.00

4,215.00

2K2

3-1-60

1,550.00

1,484.90

3-1-61

100.00

95.20

2%

3-3-61

100.00

95.20

2J

3-3-61

100.00

95.20

3-3-61

100.00

95.20

3-3-61

1,0 0 0.00

952.00

3-1-61

1,0 0 0.00

952.00

2J

12-15-72 10,0 0 0.00

9,575.00

199

GEORGIA INSTITUTE (F TECHNOLOGY DETAIL OF ENDOWMENT FUNDS-INVESTMENTS (CONTINUED)

U. S. GOVERNMENTAL BONDS (CONTINUED) No. 300288J No. 300289K No. 300290L
TOTAL GOVERNMENTAL BONDS
OTHER Ga. Tech Bonds #788-792 Ga. Tech Bonds #908-915 Ga. Tech Bonds #1142-1146 Ga. Tech Bonds #1182-1186 Ga. Tech Bonds #1234-1238 Ga. Tech Bonds #1387-1390 Ga. Tech Bods #1426-1435 Ga. Tech Bonds #1436-1445 Ga. Tech Bonds #1471-1485 Ga. Tech Bonds #1547-1556 Ga. Tech Bonds #1591-15% Ga. Tech Bonds #1631-1650 Ga. Tech Bonds #1873-1877 Ga. Tech Bonds #2003-2005 Ga. Tech Bonds #2006-2310 Ga. Tech Bonds #2410-2411 Ga. Tech Bonds #3050-3052 Ga. Tech Bonds #3358-3367 Ga. Tech Bonds #3491-3505 Ga. Tech Bonds #3711-3720 Ga. Tech Bonds #3726-3730 TOTAL GEORGIA TECH BONDS
Univ. System Bldg. Auth. #851-864 Univ. System Bldg. Auth. #865-898 Univ. System Bldg. Auth. #899-932 Univ. System Bldg. Auth. #938-955 Univ. System Bldg. Auth. #991-1000 Univ. System Bldg. Auth. #2704-2715 Univ. System Bldg. Auth. #3291-3315 Univ. System Bldg. Auth. #3601-3630 Univ. System Bldg. Auth. #3701-3718 Univ. System Bldg. Auth. #4651-4700 Univ. System Bldg. Auth. #4821-4845 Univ. System Bldg. Auth. #4951-5000 Univ. System Bldg. Auth. #5051-5150 Univ. System Bldg. Auth. #5201-5300 Univ. System Bldg. Auth. 95401-5485 Univ. System Bldg. Auth. #6779-6787 Univ. System Bldg. Auth. #6961-6965
TOTAL UNIV. SYSTEM BLDG. AUTHORITY BONDS

Rate of Date of Interest Maturity

Book Value

Market Value

2ft

12-15-72 $ 10,0 0 0 .0 0 $ 9,575.00

2ft

12-15-72 10,0 0 0 .0 0

9,575.00

2ft

12-15-72 10.0 0 0 .0 0

9,575.00

$ 57.900.00 $ 55.586.70

2ft

5-1-57 $ 5,000.00 $ 5,045.00

2ft

5-1-58

8 ,0 0 0 .0 0

8,054.40

2ft

5-1-60

5,000.00

5,011.50

2ft

5-1-60

5,000.00

5,011.50

2ft

5-1-61

5,000.00

4,973.00

2ft

5-1-62

4,000.00

3,937.60

2ft

5-1-62

10,0 0 0 .0 0

9,844.00

2ft

5-1-63

10,0 0 0 .0 0

9,753.00

2ft

5-1-63

15,000.00 14,629.50

2ft

5-1-63

10,0 0 0 .0 0

9,753.00

2ft

5-1-64

6 ,0 0 0 .0 0

5,766.00

2ft

5-1-64

2 0 ,0 0 0 .0 0

19,220.00

2ft

5-1-66

5,000.00

4,700.00

2ft

5-1-67

3,000.00 $ 2,776.78

2ft

5-1-69

5,000.00

4,578.00

2ft

5-1-70

2 ,0 0 0 .0 0

1,821.17

2ft

5-1-74

3,000.00

2,678.10

2

5-1-76

10,0 00.00

8,455.00

2

5-1-77

15,000.00 12,607.50

2

5-1-78

10,0 0 0 .0 0

8,355.00

2

5-1-78

5.000.00

4.177.50

$161.000.00 $151.147.55

3

12-1-77 $ 14,000.00 $ 14,000.00

3

12-1-78

34,000.00 34,000.00

3

12-1-79

34,000.00 34,000.00

3

12-1-80

18,000.00 18,000.00

3

12-1-81

10,0 0 0 .0 0 10,0 0 0 .0 0

3ft

5-1-64

12,0 0 0 .0 0 12,463.20

3

10-1-67

25,000.00 25,255.00

3

6-1-70

30,000.00 30,300.00

3

6-1-70

18,000.00 18,180.00

3

10-1-74

50,000.00 50,000.00

3

6-1-76

25,000.00 25,000.00

3

10-1-75

50,000.00 50,000.00

3

10-1-76 100,0 0 0 .0 0 100,0 0 0 .0 0

3

10-1-77 100,0 0 0 .0 0 99,000.00

3

10-1-78

85,000.00 84,150.00

3ft

5-1-81

9,000.00

9,450.00

3ft

5-1-81

5.000.00

5.250.00

$619.000.00 $619.048.20

200

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS-INVESTMENTS (CONTINUED)

Rate of Date of Interest Maturity

Book Value

Market Value

OTHER (CONTINUED) State Hospital Bldg. Auth. #4046-4055 State Hospital Bldg. Auth. #4211-4225 TOTAL STATE HOSPITAL BLDG. AUTHORITY REVENUE BONDS
NOTES RECEIVABLE Student Notes TOTAL ENDOWMENT FUNDS-INVESTMENTS

3J4

4-1-61 $ 10t000.00 $ 10,340.00

$4

4-1-61

15.000.00 15.510.00

$ 25.000.00 $ 25.850.00

$ 2.318.03 $ 2.318.03 U .181.459.49 SI.434.417.79

U. S. GOVERNMENTAL BONDS Series G - No. V633034 Series G - No. V633186 Series G - No. V633190 Series G - No. V633191 TOTAL GOVERNMENTAL BONDS
OTHER Univ. System Bldg. Auth #3552--3561 Univ. Systerf Bldg. Auth. #6788-6790 Univ. System Bldg. Auth. #6951-6960 TOTAL UNIV. SYSTEM BLDG. AUTHORITY BONDS
NOTES RECEIVABLE Student Notes
TOTAL LOAN FUNDS-INVESTMENTS

VESTMENTS 0, 1955

Rate of Date of Interest Maturity

Book Value

Market Value

2fc

3-1-60 $ 5,000.00 $ 4,790.00

2J4

3-1-60

5,000.00

4,790.00

2J

3-1-60

600.00

574.80

2&

3-1-60

3.450.00

3.305.10

$ 14.050.00 $ 13.459.90

3y2

5-1-68 $ 10,0 00.00 $ 10,635.00

3%

5-1-81

3 ,0 0 0.00

3,150.00

3K2

5-1-81

10.0 0 0.00 10.500.00

$ 23.000.00 $ 24.285.00

$ 43.368.02 $ 43.368.02 $ 80.418.02 $ 81.112.92

201

GEORGIA INSTITUTE OF TECHNOLOGY
WGST
BALANCE SHEET JUNE 30, 1955
ASSETS
Cash Securities ( U. S. Treasury Notes) Accounts Receivable (Less Reserve $7,266.00) Fund for Post-War Improvement of Station Land Equipment, Furniture, Fixtures, Etc. Estimated Salvage Value of Property Retired Deferred Charges
TOTAL ASSETS
LIABILITIES
Accounts Payable Contractual Liability for Purchase of Property Accrued Salaries Accrued Auditor's Fee Broadcast Licenses Withholding and Social Security Tax Reserve for Depreciation of Plant Reserve for Post-War Improvements of Station Earned Surplus
TOTAL LIABILITIES

$ 82,706.90 50,000.00 32,824.88
222,878.98 21,2 1 0.00 93,372.73 6,625.00 3.800.31
$513.418.80
$ 3,830.48 2 ,0 0 0 .0 0 2,779.12 740.00 499.27 3,324.66
51,439.99 222,878.98 225.926.30
$513.418.80

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF INCOME AND EXPENSES - WGST FOR YEAR ENDED JUNE 30, 1955
SALES Network Local National TOTAL SALES
DEDUCT Agency Commissions Adjustments and Allowances TOTAL DEDUCTIONS
NET SALES
EXPENSES Engineering Studio Selling Administrative TOTAL EXPENSES
OPERATING PROFIT
OTHER Charges (Net) Loss on Broadcasting Football Loss on Retirement of Property Payment to Georgia Tech TOTAL OTHER
NET REDUCTION IN NET WORTH

$ 18,541.83 162,632.71 102.441.13
$283,615.67
$ 34,327.76 7.844.36
$ 42.172.12
$241,443.55
$ 74,080.51 68,488.47 43,714.43 50.413.93
$236,697.34
$ 4.746.21
$ 358.56 7,633.25
33,857.24 20.0 0 0.00 $ 61.849.05"
$ 57.102.84

NOTE: The above statements pertaining to WGST are for information only. Information contained in these statements is not included in other statements.

203

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CHANGES IN CASH BALANCES FOR YEAR ENDED JUNE 30, 1955

CURRENT FUNDS General Experiment Station Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Loan Funds / TOTAL TRUST FUNDS
PLANT FUNDS
TOTALS

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance

For Year

June 30. 1955

$ 174,249.03 (-0131,815.39
140.946.72 252.969.72 $436.350.08

$ 4,192,998.09 $ 1,688,916.42 292,965.24 2.204.070.22
$ 8.378.949.97 $

3,963,106.10 $ 404,141.02

1,594,890.33 (-037,789.30

259,583.01

174,328.95

2.240.323.46

216.716.48

8.057.902.90 $ 757.397.15

$181.441.68 $ 1.544.905.36 $ 1.422.253.80 $ 304.093.24

$ 36,174.80 $ 154,821.60 $

59,454.23 $ 131,542.17

45.269.92_______ 124.270.94_____ 130.945.95_____ 38.594.91

$ 81.444.72 $ 279.092.54 $ 190.400.18 $ 170.137.08

$198.809.89 $ 956.649.10 $ 798.982.97 $ 356.476.02

$898^046^37 $11.159.596.97 $10.469.539.85 $1.588.103.49

STATEMENT OF AGENCY FUNDS FOR YEAR ENDED JUNE 30, 1955

Cash Balance July 1. 1954

Receipts For Year

Disbursements Cash Balance For Year June 30. 1955

AGENCY FUNDS Alexander Memorial Fund Checks for Cash Federal Loan Funds Student Activities Student Bank Tuition Deposit, Tech Inst. Held in Trust - Wm. McSweeney Teacher Retirement Witholdings Withholding Tax Collections U. S. Savings Bonds Deductions Gamma Tau, Inc. - Held in Trust Lock & Key Deposits Ga. Tech Evening School Flower Fund
Dean Skiles Fund Controller's Office Flower Fund Security Deposits-Lawson Apts. Security Deposits, Apartments Ext. Div. - Short Courses & Confs. Student Lectures & Concerts Held in Trust-Ga. Tech Track Fund Aeronautical Engr. - Directory

$

5.00 $ 30,682.77 $ 13,532.01 $

22.326.63

22,326.63

3,995.90

124,632.91

111,010.15

18,559.70

266,870.39

273,448.39

130.00

1,180.00

650.00

134.99

1.113.00

1,247.99

19,640.52

155,357.09

151,731.12

537,505.47

471,052.31

304.36

19.880.64

19,293.75

450.00 3,769.81

11.00

11.00

.13

.13

447.01

651.64

744.09

51.29

71.50

41.20

1,540.00 2,225.50

1.250.00
.1 220.00

1,050.00 1,087.50

721.80

4,827.43

4,083.93

3,572.99

6,560.14

6,635.55

41.12

490.00

490.00

17,155.76
3,995.90 13,622.76 11,981.70
660.00
23,266.49 66,453.16
891.25 450.00 3,769.81
354.56 81.59
1.740.00 2.358.00 1,465.30 3,497.58
41.12

204

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance July 1. 1954

Receipts For Year

Disbursements Cash Balance For Year_ June 30. 1955

AGENCY FUNDS (CONTINUED) Natl. Inst, of Health Grant-Exp. Sta. Held in Trust-Andres Marin Pozuelo Tech. Inst. Student Activities Phi Kappa Sigma Fraternity Held in Trust-Robert Murphy Class of 1919 Fund APO Student Book Exchange Sale of Surplus Property YMCA Camp Held in Trust-James Whitehead Chemistry Breakage Books Military Unif. Trust Account Sales Tax - College Inn Tech. Inst. Flower Fund Tech. Inst. Ring Deposit Comm. Sales Tax - Bradley Dining Hall Sales Tax - Brittain Dining Hall Music Dept. Activities Held in Trust - P. Saong-Xuto YMCA Study - Saporta Southern Airways Research Fel. Ga. Tech Student Council Parking Fines Southern Tech Alumni Dues Held in Trust - J. M. Kane Price Gilbert, Jr. Fund & Portrait Fund Laundry Account Class of 1957 Held in Trust - Preston G. Brooks Counseler's Clinic -STI Held in Trust -STI Alumni Found. Chemistry Key Deposits Military Uniforms Vo. #19368 Drama Tech Productions Chas. Allen Luke-Held in Trust Ga. Tech Glee Club Fund Ga. Tech Band Fund Pi Kappa Phi Furn. Account Ga. Tech Faculty Club Jacque B. Norman Library Fund Alumni Found. Library Fund Natl. Inst, of Health Grant Society of the Sigma Xi Held in Trust - Kenneth Purdy Tuition Deposits - Fall 1954 Sr. Class 1952 Mem. Fund Garnishments D. M. Smith Fund Tau Alpha Pi Natl. Honor Society Tuition Deposits - Fall 1953 Held in Trust - William Sexton

3,896.54 $ 450.00 850.30 898.61
1,689.83 9,460.99
676.00 1,340.85 3,035.56
542.04 37.52
874.93 354.77 557.76 336.08
3,485.64 10,193.01
698.00 235.67
2,377.66 (-)366.31
56.73 620.00
17.33 577.50
36.50 9,610.14 (-)607.39
915.00 681.80 1,140.00 (-1120.54
25.00 124.63
23,400.00 5.00
801.80 81.83 50.00

$ 450.00 12,500.69 456.20 370.00 1,836.55 2,436.34 2,382.50
32.48 5.00
2,818.00
15,105.44 88.60
5,108.03 7,115.07 3,510.38 1,775.89 1,009.00
200.00 1,005.00 79,868.31
745.50 277.67 1,009.00
366.31
328.50 2.00
66.23 2,013.16
500.00
615.00 2,490.06
17,766.00 1,888.96 1 ,0 0 0 .0 0
10,300.00
584.01 100.25 734.00
200.00

3,896.54 $ 900.00
11,270.81 1,354.81 370.00 1,749.69 2,450.00
10,324.26 32.48
300.00 1,536.80 3,035.56 15,609.72
74.54 4,471.04 7,103.88 3,869.05
994.73 1,009.00
162.95
77,990.53 125.00 154.76
1,009.00 178.63
120.00 17.33
405.00 9.00
7,576.37 1,208.66
500.00 915.00 681.80
1,937.45
9,159.36 1,354.77 1,0 00.00 33,700.00
172.31 902.05 518.25
50.00 200.00

2,080.18
86.86 1,676.17 1.519.23
381.00 2,622.05
37.76 51.58 1,511.92 365.96 199.09 1.117.24
37.05 4,490.64 12,070.79 1,318.50
358.58
2,199.03
56.73 500.00
501.00 29.50
,2 100.00
197.11
1,755.00 432.07 25.00 124.63
8,606.64 534.19
5.00 411.70
297.58

205

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Juiy 1. 1954

Receipts For Year

Disbursments Cash Balance

For Year

June 30. 1955

AGENCY FUNDS (CONTINUED)

Dixon-Hodge-Ken Tennant Mem. Fund

$

20.00 $

$

$

20.00

Psychology Fund

50.00

50.00

47.00

53.00

D. M. Smith Dinner

95.25

95.25

Ext. Div. Tuition Deposits-Summer'54

20.00

20.00

Liquid Petro. Gas Asso. Inc. Fund

13,402.58

1,845.00

11,557.58

Military Unif.-AF Vo.*10373

(-)302.62

369.62

67.00

Military Unif.-Army Vo.*12028

637.92

637.92

Military Unif. Vo. No. 37916

3,169.34

1,019.34

2,150.00

Held in Trust - Dan Allen Melstad

9.81

370.00

379.81

Dormitory Deposits

25,601.00

17,950.00

13,678.00

29,873.00

Military Unif. Vo. *14110

3,723.69

3,523.69

200.00

Price Gilbert, Jr. Entertain. Fund

1,777.55

501.68

1,275.87

Tech Club of New York-Library

200.00

200.00

Held in Trust-Christian G. Brahm, Jr.

5.00

5*00

W. G. Perry Portrait Fund

22.00

22.00

Military Unif. Vo. *41970

11,079.95

29.30

9,126.65

1,982.60

Social Security Withholdings

19.12

23,841.92

23,836.70

24.34

Held in Trust-Mil. Unif. Vo. *20603

2,483.64

1,883.64

600.00

Military Unif. Vo. No. 11749

2,215.29

2,213.56

1.73

Military Unif. Vo. No. 24640

34,187.90

24,987.90

9,200.00

Grank Gordy-To Be Held in Trust

5,000.00

5,000.00

Held in Trust - Octavio Rodriquez

400.00

400.00

Held in Trust - Abudod

970.00

970.00

Sou. Tech. Inst. Dorm. Deposits

4,150.50

2,282.50

1,8 6 8 .0 0

Gift for Dept, of Economics

500.00

500.00

Held in Trust - Paul M. Twitty

200.00

200.00

Senior Dance

399.00

399.00

Activities Council

132.47

127.20

5.27

E. Dennison Fund

497.62

83.69

413.93

D. P. Savant Fund

383.00

37.93

345.07

Held in Trust - John C. Stowes

200.00

200.00

Tuition Deposits Fall 1955

26,772.00

1,675.00

25,097.00

Held in Trust - Schonborn

890.00

890.00

Military Unif. Vo. No. 38037

31,216.99

18,955.90

12,261.09

Held in Trust - Lloyd Kahn, Jr.

53.00

53.00

Military Unif. Vo. No. 51577

3,766.69

1,366.69

2,400.00

Regular School-Summer Fees, 1955

21.466.00

21.466.00

TOTAL AGENCY FUNDS

$ 181.441.6i6 $1.544.905.36 $1.422.253.80 $ 304.093.24

206

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS FOR YEAR ENDED JUNE 30, 1955

Balance July 1, 1954

Receipts

Disburse ments

Transfers

Balance June 30. 1955

596 McAfee St., NW 226 North Ave., NW 230 North Ave., NW 176 North Ave., NW 171 Fifth St., NW Purchase of Property-Misc.

$ 9,085.30 $ 9,085.30

16,179.74

16,179.74

10,155.04

10,155.04

86.63

86.63

20,190.57

20,190.57

$ 13,043.31 $ 50,986.40

(-)55,697.28 $

8,332.43

Renovations & ReplacementsAux. Enter

270,259.21

(->127,480.39

142,778.82

Install, of Conduit in Admin. Bldg.

166.59

166.59

Misc. Improvements-Fire

Hazard

1,297.81

Accoustical Tile-Textile Bldg.

JSlectrical Work-Physics Bldg.

Asphalt Tile-A. French Bldg.

Remodeling Old Library Bldg.

78,846.98

Repairs to 737 Techwood Dr.

Repairs to Glenn Dorm.

Repairs to Towers Dorm.

Repairs to Main Research Bldg.

Best Lock System in Main Rsch. Bldg.

Repairs to Brown Dorm.

Repairs to Cloudman Dorm*

Repairs to Harris Dormitory

Repairs to Harrison Dorm.

Repairs to Howell Dorm.

Repairs to Smith Dorm.

Correction Fire Law Def.-Infirmary 397.00

Panic Bar Releases-Exp. Sta.

FWA Project No. 9P25

1,220.00

Repairs to 311 Fifth St.

Painting Towers Dorm.

6,000.00

Repairs, to 171 Fifth St.

Corr. of Fire Law Def.-Burge Apts. 1,521.54

Library Landscaping

2,208.68

1,453.78 '425.00 640.00
3,775.00 2 0 ,0 0 0.00 15,000.00
125.00 650.00
465.00

1,453.78 301.58 626.63
86,846.98 3,375.00 12,255.43 314.26 85.00 556.69
3,038.06 8,247.44 2,890.62
315.53 2,040.17

(->1,297.81
8 ,0 0 0 .0 0
30,120.00 17,940.00 40,780.00 21,850.00
2 ,2 0 0 .0 0 35,620.00 (-) 397.00 (->1,2 20.00
3,132.00 2,247.44 4,500.00 (->1,206.01

123.42 13.37
400.00 7,744.57 14,685.74
40.00 93.31 30,12.0.00 17,940.00 40,780.00 21,850.00 2 ,2 00.00 35,620.00
465.00
93.94
1,609.38
168.51

Spec. Proj. Atlanta & Fulton Co. 1952-53

1,954.68

(->1,954.68

Spec. Proj. Atlanta & Fulton Co. 1953-54
Fencing B&G Warehouse Yard

3,887.17 700.00

(->3,887.17 700.00

Spec. Proj. Atlanta & Fulton Co. 1954-55
Paving at Eleventh Street Change in Fowler Dr. Eighth St. Stone Wall Fence at 737 Techwood Dr. Misc. Paving Dormitory Grounds, Improvements Alexander Mem. Center

532.85

50,000.00
20,992.37 12,340.00

567.47 380.26 500.00 400.00 26,664.04 1,208.26 12,340.00

(->39,305.32 567.47 900.00
(->32.85 400.00
6 ,0 0 0 .0 0 1,208.26

10,694.68 519.74
328.33

207

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1954

Receipts

Disburse-

ments

Transfers

Balance June 30. 1955

Fence at Lawson Apts.

$

Third, Cherry Ponce de Leon

Lighting Project

12,965.71

Wye Elect. Distrib. System

1,500.00

Fence at Arch. Bldg.

250.00

Third St. Entrance Gate

Air Conditioning-Registrar's

Office

Air Conditioning Unit-Exp. Sta,

750.00

S. Price Gilbert Library Equip. 20,301.62

Air Conditioning-Knowles Bldg.

1,050.00

Furniture-Cloudman Dorm.

6,877.49

Furniture-Brown Dorm.

248.30

Equipment for Controller's

Office

Lockers Furn.-Glenn Dorm.

6,501.34

Air Conditioning Unit-Photo Lab.

Lockers Furn.-Harrison Dorm.

3,519.52

Wiring Low Turbulence Wind

Tunnel

Lockers Furn.-Smith-Dorm.

4,995.28

Air Conditioning Equip.-

Textile Bldg.

Lockers Furn.-Towers Dorm.

4,446.02

Furniture for Howell Dorm.

Equip, for Admin. Offices

Air Conditioning Units-

Ceramics Engr.

Hot Water Heater-Research

Furniture-Burge Apts.

980.06

Furniture-Callaway Apts.

3,430.23

Tablet Arm Chairs

6,700.00

Directory Boards

750.00

Debt Service-Brown Dorm.

Debt Service-Cloudman Dorm.

Debt Service-Harrison Dorm.

Debt Service-Howell Dorm.

Debt Service-Rental Prop.

Trust Funds

128.85

Planning Construction

Taxes-Appraisals, etc.

Survey for Hospital

Transfers to Aux. Enter. Funds

8,698.71

Bond Sinking Fund

224,615.52

Callaway Sinking Fund

13,236.98

Reserve Fund-Bond Indentures

25.210.29

TOTALS

$ 459,765.94

Investments

(->259.956.05

TOTALS

$ 198.809.89

$ 1,721.00
3,190.00 9,000.00
10,801.84 228.00
2,119.50
3,500.00 610.00 74.20
3,000.00 3,000.00 8,070.70 6,112.35 8,073.07
37.86
189,707.75 50.00
285.02 $696,693.05
259.956.05 $956.649.10

$

19.00

11,228.60 561.00 106.63
10,225.40

6,712.10 209.00
19,906.13 1,050.00 3,512.84

6,133.13 1,056.69
228.00 712.12

3,090.64

361.88 1,787.84 1,846.84
610.00 72.72

3,038.75 750.00
3,000.00 3,000.00 8,070.70 6,112.35
8,073.07 15,842.54
37.86 598.50 8,827.56 154,392.50

$502,145.46 296.837.51
$798.982.97

$ (->1,737.11 (->143.37 7,035.40
(->541.00
(->3,364.65 (->248.30 4,148.04
(->5,444.65 (->2,807.40
1,737.11 (->1,904.64
(->4,084.14 1,787.84
(->1,653.16
(->980.06 (->3,430.23 (->3,661.25
(->128.85 15,842.54
598.50 128.85
$ $

$ 1,702.00 939.00
2,287.90 395.49
8,816.75
1,737.11 2,119.50
1.48
259,930.77 13,286.98 25.495.31
$ 653,313.53 (- >2%. 837.51 $ 356.476.02

208

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF UNEXPENDED PLANT FUNDS FOR YEAR ENDED JUNE 30t 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS Earrings on Temporary Investments
Governmental Appropriations City of Atlanta Fulton County State Highway Dept, of Georgia TOTAL GOVERNMENTAL APPROPRIATIONS
Sale of Property Gouses
Gifts and Grants Class of 1928 W G ST TOTAL GIFTS AND GRANTS
Transfers from General Funds Air Conditioning Equip. - Textile Bldg. Air Conditioning - Registrar's Office Accoustical Tile - Textile Bldg. Electrical Work - Physics Bldg. Asphalt Tile - A. French Bldg. Equip, for Administrative Offices Air Conditioning Units - Ceramics Engr. TOTAL TRANSFERS FROM EDUCATIONAL & GENERAL
Transfers from Auxiliary Enterprises Purchase of Property - Misc. Renovations & Replacements - Aux. Enter. Repairs to 737 Techwood Dr. Repairs to Glenn Dormitory Repairs to Towers Dormitory Fence at Lawson Apartments Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Rental Property - Trust Funds Taxes - Appraisals, etc. Bond Sinking Fund TOTAL TRANSFERS FROM AUX. ENTERPRISES
Transfers from Experiment Station Repairs to Main Research Bldg. Best Lock System in Main Research Bldg. Panic Bar Releases - Experiment Station Air Conditioning Unit - Photo Lab Hot Water Heater - Research TOTAL TRANSFERS FROM EXPERIMENT STATION
209

Fund For Plant
Additions

Debt Service

Total

$186,103.20 $272,662.74 $458,765.94

$ 4.951.81 $ 4.951.81

$ 25,000.00 25,000.00 33.332.37
$ 83.332.37
$ 101.00

$ 25,000.00 25,000.00 33.332.37
$ 83.332.37
$ 101.00

$ 3,190.00 2 0 .0 00.00
$ 23.190.00

$ 3,190.00 2 0 .0 0 0 .0 0
$ 23.190.00

$ 2,119.50 9,000.00 1,453.78 425.00 640.00 3,500.00 610.00
$ 17.748.28

$ 2,119.50 9,000.00 1,453.78 425.00 640.00 3,500.00 610.00
$ 17.748.28

$ 30,885.40 270,259.21 3.775.00 20,0 0 0 .0 0 15,000.00 1.721.00
37.86 $341,678.47

$ 3 ,0 0 0 .0 0 3,000.00 8,070.70 6,112.35 8,073.07
185.090.% $213,347.08

$ 30,885.40 270.259.21 3.775.00 20,0 0 0 .0 0 15,000.00 1.721.00 3 ,0 0 0 .0 0 3,000.00 8,070.70 6,112.35 8,073.07 37.86 185.090.% $555,025.55

$ 125.00 650.00 465.00 228.00
74.20 $ 1.542.20

$ 125.00 650.00 465.00 228.00
74.20 $ 1.542.20

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

ADDITIONS (CONTINUED) Transfers from Agency Funds Equipment for Controller's Office
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions Land 596 McAfee St., N. W. 226 North Ave., N. W. 230 North Ave.t N. W. 176 North Ave., N. W. 171 Fifth St., N. W. TOTAL LAND
Building and Additions to Buildings Installation of Conduit in Adm. Bldg. Accoustical Tile - Textile Bldg. Electrical Work - Physics Bldg. Asphalt Tile - A. French Bldg. Remodeling Old Library Bldg. Repairs to 737 Techwood Dr. Repairs to Glenn Dorm. Repairs to Towers Dorm. Repairs to Main Research Bldg. Best Lock System in Main Research Bldg. Repairs to 311 Fifth St. Painting Towers Dorm. Repairs to 171 Fifth St. Corr. of Fire Law Def. - Burge Apts. TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Library Landscaping Fencing at B. & G. Warehouse Yard Paving at Eleventh Street Change in Fowler Dr. Eighth Street Stone Wall Fence at 737 Techwood Dr. Miscellaneous Paving Dormitory Grounds Improvements Alexander Memorial Center Fence at Lawson Apartments Third, Cherry & Ponce de Leon Lighting Project Wye Elect. Distribution System Fence at Arch. Bldg. Third St. Entrance Gate TOTAL IMPROVEMENTS OTHER THAN BLDGS.

Fund For Plant
Additions

Debt Service

Total

$ 10.801.84______________ $ 10.801.84 $478,394.16 $218,298.89 $696,693.05

$ 9,085.30

$ 9,085.30

16,179.74

16,179.74

10,155.04

10,155.04

86.63

86.63

20.190.57

20.190.57

$ 5 5 . 6 9 7 . 2 8 ___________ $ 55.697.28

$ 166.59 1,453.78 301.58 626.63
86,846.98 3,375.00 12,255.43 314.26 85.00 556.69 3,038.06 8,247.44 2,890.62 315.53
$120.473.59________

$ 166.59 1,453.78 301.58 626.63
86,846.98 3,375.00
12,255.43 314.26 85.00 556.69
3,038.06 8,247.44 2,890.62
315.53 $120.473.59

$ 2,040.17 700.00 567.47 380.26 500.00 400.00
26,664.04 1,208.26
12,340.00 19.00
11,228.60 561.00 106.63
10.225.40 $ 66.940.83

$ 2,040.17 700.00 567.47 380.26 500.00 400.00
26,664.04 1,208.26
12,340.00 19.00
11,228.60 561.00 106.63
10.225.40 $ 66.940.83

210

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Equipment Air conditioning Registrar's Office Air Conditioning Unit - Exp. Station Si Price Gilbert Library Equipment Air Conditioning - Knowles Building Furniture - Cloudman Dormitory Equipment for Controller's Office Lockers & Furniture - Glenn Dormitory Air Conditioning Unit - Photo Lab. Lockers & Furniture - Harrison Dormitory Lockers & Furniture - Smith Dormitory Lockers & Furniture - Towers Dormitory Furniture for Howell Dormitory Equipment for Administrative Offices Air Conditioning Units - Ceramics Engr. Hot Water Heater - Research Table Arm Chairs Directory Boards 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 Dormitory Howell Dormitory Rental Property TOTAL INTEREST ON INDEBTEDNESS
Other Expenditures, Not Capitalized Planning & Construction Taxes - Appraisals, etc. Survey for Hospital Transfers to Aux. Enterprise Funds TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, END OF YEAR
211

Fund For Plant
Additions

Debt Service

Total

$ 6,712.10 209.00
19,906.13 1,050.00 3,512.84 6,133.13 1,056.69 228.00 712.12 3,090.64 361.88 1,787.84 1,846.84 610.00 72.72 3,038.75 750.00
$ 51.078.68

$ 6,712.10 209.00
19.906.13 1,050.00 3,512.84 6,133.13 1,056.69 228.00 712.12 3,090.64 361.88 1,787.84 1,846.84 610.00 72.72 3,038.75 750.00
$ 51.078.68

$294.190.38______________ $294.190.38

$101,000.00 $101,0 0 0 .0 0

1,551.95 1,998.13 6,270.14 4,705.07 6.824.47 $122.349.76

1,551.95 1,998.13 6,270.14 4,705.07 6.824.47 $122.349.76

$ 53,392.50 $ 53,392.50

1,448.05 1,001.87 1,800.56 1,407.28 1.248.60 $ 60.298.86

1,448.05 1,001.87 1,800.56 1,407.28 1.248.60 $ 60.298.86

$ 15,842.54 37.86
598.50 8.827.56 $ 25.306.46

$ 15,842.54 37.86
598.50 8.827.56 $ 25.306.46

$319,4%.84 $182,648.62 $502.145.36 $345,000.52 $308,313.01 $653,313.53

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955
INVESTMENT IN PLANT, JULY 1, 1954
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 Expended from Experiment Station Funds and Included in Current Expenditures Buildings and Contents Constructed by University System Building Authority TOTAL ADDITIONS
VALUE OF PLANT, JULY 1, 1954, PLUS ADDITIONS
DEDUCT: PLANT? INDEBTEDNESS Bonds Outstanding Due Endowment Funds Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1955

$23,440,912.37

$ 294,190.38

167,565.38

26,755.06

22,766.62

213.990.64

725.268.08

$24,166,180.45

$2,304,000.00 197,876.04
3.566.612.96

6.068.489.00

Sl8.097.691.45

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

A. LAND Campus Off Campus-Willeo Farm TOTAL LAND
B. BUILDINGS Administration Knowles Guggenheim Aeronautics Aeronautics Shop Aeronautics Office Hanger Type Building P & C Ceramic Engineering Civil Engineering Electrical Engineering Electronics Research (Temporary) Engineering Drawing & Mech. 278 Ponce de Leon - Engr. Drawing Mechanical Engineering Mechanical Engr. (Temporary) 273 Ponce de Leon , Mech. Engr. 680 Cherry St., Safety Engr. Hightower Textile Building

Investment Beginning
Of Year

Additions Deductions

Investment End of Year

$ 1,308,121.15 $ 55,697.28 $ 18.947.80
$ 1.327.068.95 $ 55.697.28 $

$ 1,363,818.43 18.947.80
$ 1.382.766.23

$ 95,894.71 $ 58,006.48 111,021.93 2 ,000.00 1,0 0 0 .0 0 5,087.29 49,000.00 157,379.44 45,000.00 2 ,0 00.00 173,000.00 1,800.00
2 1 0 ,0 0 0 .0 0 1,500.00 1,800.00
1,800.00
1,097,527.08

166.59 $ 1,453.78

$ 96,061.30 58,006.48
111,021.93 2 ,000.00 1,0 0 0.00 5,087.29
49,000.00 157,379.44
45,000.00 2 ,000.00
173,000.00 1,800.00
2 1 0 ,0 0 0 .0 0 1,500.00 1,800.00
1,800.00
1,098,980.86

212

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT CF INVESTMENT IN PLANT (CONTINUED)

Investment
Beginning Of Year______ Additions

Investment
End * Deductions____ Year---

B. BUILDINGS (CONTINUED) Old Shop Building Old Shop Annex

$ 74,577.83 $

$

2, 000.00

Lyman Hall, Chemistry

229,227.05

Chemical Engineering (Temporary)

4.200.00

Chemistry Annex

53.257.50

Chemistry Annex (Temporary)

4.200.00

Physics Building

194,240.38

301.58

274 Ponce de Leon - Psychology

1.800.00

Military Rifle Range

,10, 000.00
3 000.00

Classroom Building Plans

3,592.50

Naval Armory A. French Building

102,000.00 92.366.98

626.63

Modern Languages Engineering Experiment Station

16,714.81 94.899.00

641.69

Calculator Building

130.000.

00

719 Cherry St. Research Annex

1,800.00

713 Cherry St. Photo Lab.

1,800.00

709 Cherry St. Research Annex 4

1,800.00

Naval Research Building

19.946.00

White Frame House -Research #1

3.000. 00

Architecture Building Price Gilbert Library

1,077,449.28 1,840,783.37

456.23

Butler Type Bldg. - Research *2

7,451.03

Storage Bldg. - Research #2

31.262.50

Aluminum Bldg. - Research *2

4,626.54

Crystal Oscillator Lab.

500.00

Research Annex #3

2.500.00

Hinman Research Building

349,739.42

Rich Elect. Computer Ctr. (Bldg. Auth.)

91,936.44

665 Plum St., Hotel Adm.

1.800.00

Swann Building Auditorium Gymnasium

53.889.58

266.000.

00

Power Plant Power Plant (Bldg. Auth.) Pump Station

241,000.00 879,483.90 119,857.91
1. 000. 00

Post Office & Stock Room

5.000. 00

Garage & Warehouse

11,417.67

Greenhouse - Boiler House

800.00

Greenhouse

1. 000. 00

268 Ponce de Leon - Vet. Guidance

1,800.00

277 Ponce de Leon - Vet. Guidance

1,800.00

Library

35.787.99 86,846.98

Hospital

38,726.04

YMCA

133.010.58

Willeo Farm - 3 Room House

4.500.00

Willeo Farm - 3 Houses e 1,500.00

4.500.00

Willeo Farm - 3 Room House

2.250.00

Willeo Farm Barn

900.00

Willeo Farm Outhouse

150.00

$ 74,577.83

2 ,000.00

229,227.05

4.200.00

53.257.50

4.200.00

194,541.%

1.800.00

10, 000.00

3.000. 00

3,592.50

102,0 0 0 . 0 0

92,993.61

16,714.81

95,040.69

130.000.

00

1,800.00

1,800.00

1,800.00

19,946.00

3.000. 00

1,077,449.28

1,841,239.60

7,451.03

31.262.50

4,626.54

500.00

2.500.00

349,739.42

91,936.44

1.800.00

53.889.58

266.000.

00

241,000.00

999,341.81

1. 000. 00

5, 000.00

11,417.67

800.00

1,000.00

1,800.00

1,800.00

122,634.97

38,726.04

133.010.58

4.500.00

4.500.00

2.250.00

900.00

150.00

213

GEORGIA INSTITUTE CF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Crenshaw Field House Athletic Office Building Rose Bowl Storage Room President's Home Brown Dormitory Cloudman Dormitory Harris Dormitory Howell Dormitory Harrison Dormitory Glenn, Smith, Towers Dorms. Burge Apartments Callaway Apartments Brittain Dining Hall & Additions Boiler House - Dining Hall Store & Locker Room-Dining Hall Bradley Building 171 Fourth St., Rental 179 Fourth St., Rental 185 Fourth St., Rental
Rear 179 Fourth St., Garage Apt. 313 Fourth St., Rental 317 Fourth St., Rental 323 Fourth St., Rental 128 Fifth St., Rental 171 Fifth St., Rental 259 Fifth St., Rental 260 Fifth St., Rental 269 Fifth St., Rental 276 Fifth St., Rental 286 Fifth St., Rental 2 % Fifth St., Rental 311 Fifth St., Rental 294 Tenth St., Rental 737 Techwood, Rental 835 Plum St., Rental 875 Plum St., Rental 879 Plum St., Rental 885 Plum St., Rental 889 Plum St., Rental 899 Plum St., Rental 905 Plum St., Rental 836 Cherry St., Rental 846 Cherry St., Rental 850 Cherry St., Rental 856 Cherry St., Rental 866 Cherry St., Rental 870 Cherry St., Rental 876 Cherry St., Rental
880 Cherry St., Rental

Investment Beginning
______ Additions

Investment End of
Deductions_______ Year

$ 15,000.00 $

$

70.000. 00

1,500.00

102,791.55

74,513.62

83,013.46

89,427.81

149,896.69

166,852.35

1,620,486.87 6 8 8 ,2 2 0 .6 6

20,817.13 315.53

1,332,595.05

196,314.83

1. 000. 00

2 ,000.00

169,099.87

13.090.00

13.500.00

8,017.58 1,000.00

2.250.00

3.600.00

3.600.00

12,700.10

2,890.62

3.600.00

3.600.00

3.600.00

3.600.00

3.600.00

3.600.00

3.600.00 4.500.00

3,038.06

15,000.00 4.000. 00

3,375.00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

4.000. 00

$ 15,000.00 70.000. 00 1,500.00
102,791.55 74.513.62 83,013.46 89,427.81
149,896.69 166,852.35 1,641,304.00 688,536.19 1,332,595.05 196,314.83
1. 000. 00 2 ,0 0 0 .0 0
169,099.87 13.090.00 13.500.00 8,017.58
1,000.00
2.250.00 3.600.00 3.600.00 12,700.10 2.890.62 3.600.00 3.600.00 3.600.00 3.600.00 3.600.00 3.600.00 6,638.06 4.500.00 18,375.00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00 4.000. 00
4.000. 00

214

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) 886 Cherry St., Rental 906 Cherry St., Rental 889 Atlantic Dr., Rental Lawson Apartments Apartment Bldg. #200 Apartment Bldg. #201 Apartment Bldg. #202 Apartment Bldg. #203 Administration Bldg. #204 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. #214 Administration Bldg. #215 Apartment Bldg. #216 Pavillion Bldg. #217 Apartment Bldg. #218 Apartment Bldg. #219 Apartment Bldg. #220 Apartment Bldg. #221 Apartment Bldg. #222 Apartment Bldg. #223 Apartment Bldg. #224 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. #234 TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Rose Bowl Stands Tennis Courts Plans-Miscellaneous Grant Field Steam & Electric System Sidewalks, Streets, Fences, Etc.

Investment Beginning
Of Year

Additions Deductions

Investment End of Year

$

4,000.00 $

$

4,000.00

1,500.00

26,350.00 14,400.00 14,400.00 14,400.00
5,775.00 13,125.00 13,125.00 13,125.00 6,125.00 13,500.00 13,500.00 13,500.00 14,400.00 14,400.00 14,400.00
6,125.00 12,600.00
7,350.00 12,600.00 6,125.00 14,400.00 14,400.00 14,400.00 14,400.00
6,125.00 8,750.00 10,500.00 16,800.00 6,125.00 14,400.00 14,400.00 14,400.00 41,415.00 14,600.00 4.988.00 13.451.465.32 332.724.17 $

$ 70,000.00 $

$

46,428.45

2,163.06

947,295.03

576,620.22 11,789.60

298,275.82 55,151.23

$

4,000.00

4 ,0 0 0 .0 0

1,500.00

26,350.00 14,400.00 14,400.00 14,400.00
5,775.00 13,125.00 13,125.00 13,125.00 6,125.00 13,500.00 13,500.00 13,500.00 14,400.00 14,400.00 14,400.00
6,125.00 12,600.00
7,350.00 12,600.00 6,125.00 14,400.00 14,400.00 14,400.00 14,400.00 6,125.00
8,750.00 10,500.00 16,800.00 6,125.00 14,400.00 14,400.00 14,400.00 41,415.00 14,600.00
4.988.00 13.784.189.49

$ 70,000.00 46,428.45 2,163.06
947,295.03 588,409.82 353,427.05

215

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year______ Additions

Investment End of
Deductions_______Year

IMPROVEMENTS OTHER THAN BUILDINGS (CONT. )

Water System

$ 115.536.00

TOTAL IMPROVEMENTS OTHER THAN BLDG. $ 2.056.318.58 $ 66.940.83 $

EQUIPMENT Administrative Offices Physical Plant Library Hospital Instructional Department Organized Research Extension Division Apartments Dormitories Dining Halls College Inn President's Home Rental Property Mechnical Institute YMCA Architecture Bldg. (Bldg. Auth.) Library (Bldg. Auth.)
TOTAL EQUIPMENT

$ 128,963.18 $ 17,621.93 $

701,690.87 12,936.07

772,644.30 84,143.27

28,764.53

360.00

2,656,423.15 64,530.95

1,070,345.09 23,276.34

27,330.38

6,301.45

142,094.18

959.25

344,861.77 12,156.44

199,070.28 12,288.99

125,759.03 11,872.39

38,334.91

8,672.66

231,779.54 21,718.66

492.20

28,244.37

100.589.08

1.740.06

$ 6.606.059.52 $269.905.80 $

TOTAL INVESTMENT IN PLANT

$23.440.912.37 $725.268.08 $

$ 115.536.00 $ 2.123.259.41
$ 146,585.11 714,626.94 856,787.57 29,124.53
2,720,954.10 1,093,621.43
33,631.83 143,053.43 357,018.21 211,359.27 137,631.42 38,334.91
8,672.66 253,498.20
492.20 28,244.37 102.329.14 $ 6.875.965.32
$24.166.180.45

PROPERTY UNDER LEASE For Year Ended June 30t 1955
Investment Beginning
Of Year______ Additions

Deductions

Investment End of Year

NAVAL BASE Building #8 Building *9 Building #10A Building #11 Building #12 Building #13 Building #11 Building #19 Building #20 Building #24 Gymnasium
TECHWOOD DORMITORY TOTAL BUILDINGS UNDER LEASE

$ 150,000.00 $ 198,000.00 33,900.00 79,800.00 79,800.00 79,800.00 1 2 1 ,1 0 0 .0 0 171,000.00 171,000.00 135,500.00 100,0 0 0 .0 0 250.000.00
i .569.900.00 $

$

$ 150,000.00

198,000.00

33,900.00

79,800.00

79,800.00

79,800.00

12M 00.00

171,000.00

171,000.00

135,500.00

100,0 0 0 .0 0

250,000.00

$

$ 1.569.900.00

216

MEDICAL

C O L L E G E OF G E O R G I A FINANCIAL REPORT

For the Year Ended June 30, 1955

Medical College of Georgia Augusta, Georgia
217

MEDICAL COLLEGE OF GEORGIA

BALANCE SHEET JONE 30, 1955

ASSETS

CURRENT FUNDS A. GENERAL

Cash on Hand and in Bank

$ 16,772.99

B. HOSPITAL FUND

Cash on Hand and in Bank

33,517.13

C. RESTRICTED

Cash on Hand and in Bank

$ 124,046.32

Investments, Ga. R.R. Bank Saving Certificate 30.000.00

154,046.32

D. AUXILIARY

Cash on Hand and in Bank

i

Stores

Investments, Ga. R.R. Bank Saving Certificate_

8,103.02 26,114.47 30,000.00

TOTAL CURRENT FUNDS

64.217.49 $ 268,553.93

II. AGENCY FUNDS Cash on Hand and in Bank Investments, Ga. R.R. Bank Saving Certificate

$ 10,577.97 5.000.00

15,577.97

III.

ENDOWMENT FUND Cash on Hand and in Bank Investments, USBA 3% Bonds (At Cost) University of Georgia Buildings
Real Estate

$

508.09

! 16,136.61 4,720.28

14.000.00

34.856.89

35,364.98

IV. STUDENT LOAN FUNDS Cash on Hand and in Bank Student Notes Receivable Investment - U. S. Securities

$

734.60

35,212.11

5.000.00

40,946.71

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 40,163.78

B. EXPENDED Land and Buildings Buildings Equipment

> 60,000.00 1,264,687.72
672.541.24

1.997.228.96

2.037.392.74

TOTAL ASSETS

$2.397.836.33

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,918,000.

218

MEDICAL COLLEGE OF GEORGIA
BALANCE SHEET JUNE 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Reserve for Purchase Orders Outstanding Unappropriated Surplus
B. HOSPITAL FUND Purchase Orders Outstanding Unappropriated Surplus
C. RESTRICTED
Fund Balance
D. AUXILIARY Reserve for Stores
Surplus
TOTAL CURRENT FUNDS
II. AGENCY FUNDS
Fund Balance
III. ENDOWMENTMENT FUND

$ 6 ,666.22 10.106.77 $ 16,772.99

$ 2,191.91 31.325.22

33,517.13

154,046.32

$ 26,114.47 38.103.02

64.217.49 $ 268,553.93

15,577.97

Fund Balance
IV. STUDENT LOAN FUNDS
Fund Balance
V. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority Net Investment in Plant
TOTAL LIABILITIES AND SURPLUS

35,364.98

40,946.71

$ 40,163.78

$ 747,228.23 1 ,.250.000.73

1.997.228.96 2.037.392.74 $2,397,836.33

219

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT INCOME FOR YEAR ENDED JUNE 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Amount Payable for Previous Year City of Augusta TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT W. J. Young
GIFTS AND GRANTS American Cancer Society American Heart Association American Tobacco Institute Ayerst Laboratories Cancer Clinic Eli Lilly Georgia Heart National Fund for Medical Education Purdue Frederick Company Reid and Carnrick Smith, Kline & French Upjohn Company U. S. A. E. C. U. S. P. H. S. (Biochemistry) U. S. P. H. S. (Medicine) U. S. P. H. S. (Micro Anatomy) U. S. P. H. S. (Onocology) U. S. P. H. S. (Pathology) U. S. P. H. S. (Physiology & Pharmacology) U. S. P. H. S. (Psychiatry) Wyeth Laboratories TOTAL GIFTS AND GRANTS
SALES AND SERVICES Maternity Shelter Research Services (Endocrinology) Research Sales (Phys. & Pharm.) Professional Contributions Testing Fees TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$131,926.11 $
562.00
X $132.488.11

$ 131,926.11 562.00
X 132.488.11

$589,500.00

$ 589,500.00

15,148.73

15,148.73

5.000.00

5.000.00

X $604.648.73 $ 5.000.00

609.648.73

3_____ JL 5.359.47 X 5.359.47

$
1_____

$ 2,174.00 $ 8 ,0 0 0.00 2,300.00 2,250.00 1,240.00 4,210.00
22,248.00 24,354.00
1 ,0 0 0 .0 0 1,250.00 8 ,0 00.00 3,690.00 6,076.80
5,522.45 34,409.08
5,292.00 30,835.50 13,159.00 51,699.18
3,000.00 2 .0 0 0 .0 0
X $232.710.01

2,174.00 8 ,0 0 0.00 2,300.00 2,250.00 1,240.00 4,210.00 22,248.00 24,354.00 1 ,000.00 1,250.00 8 ,000.00 3,690.00 6,076.80 5,522.45 34,409.08 5,292.00 30,835.50 13,159.00 51,699.18 3,000.00 2 .000.00 232.710.01

$ 3,911.00 $

$

3,283.50

326.50

17,438.29

7.128.73

JL X $ 28.478.02

3.610.00

3,911.00 3,283.50
326.50 17,438.29
7.128.73 32.088.02

220

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CRRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income

OTHER SOURCES Property Rentals Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

$ 495.00 $ 1.040.38
1 1.535.38 $

$

495.00

1.040.38

$ 1.535.38

$767.150.24 $246.679.48 $1,013.829.72

TRANSFERS FROM: Restricted Funds Auxiliary Funds Plant Funds TOTAL TRANSFERS
TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$ 34,705.60 $ 3,990.18 15.480.00
$ 54.175.78 J _____

$ 34,705.60 3,990.18 15.480.00
$ 54.175.78

$821.326.02 $246.679.48 $1.068.005.50

B. EUGENE TALMADGE MEMORIAL HOSPITAL State of Georgia

$153.900.00 $

153.900.00

C. AUXILIARY ENTERPRISES BOOKSTORE MICROSCOPE SALES AND RENTALS PELVIMETER SALES TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME

$ 23.158.08 $ $ 13.871.73 $ $ 2.657.46 $ $ 39.687.27 $ $960.737.51 $

$ 23.158.08

___L_ 13.871.73

.

$ 2.657.46

____ $_ 39.687.27

$1.207.416.99

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Fund Totals

General

Restricted

Obi ect Classification

Operating

Salaries

Supplies

& Wanes

& ExDense Eauipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
President*s Office Dept, of Admissions Business Office General Registrars Office
TOTAL ADMIN. & GENERAL
PLANT OPERATIONS

$ 22,616.16 $ 5,352.90
22,336.01 16,568.68 6.703.32 $ 73.577.07 $
$ 67.774.79 J k _____

$ 20,336.00 5,000.00
18,761.60 3,323.14 6.2%.36 $ 53.717.10

$ 1,885.16 $ 395.00

307.95

44.95

2,204.83 1,369.58

13,092.69

152.85

3% .86

10.10

$ 17.887.49 $ 1.972.48

m , lZ Jyb $ 28.547.79 $ 1.214.34

221

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Totals

General

Restricted

Object Classification

Operating

Salaries

Supplies

G Waqes

G Expense Equipment

EDUCATIONAL AND GENERAL LIBRARY

$ 6.672.87 $ 6 .100.00 $ 6.282.06 $ 333.90 $ 6.156.91

INSTRUCTION Gross Anatomy Miscroscopic Anatomy Biochemistry Physiology G Pharmacology Pathology Medical Microbiology Medicine Psychiatry Pediatrics Surgery Obstetrics G Gynecology Endocrinology Medical Illustration Radiology TOTAL INSTRUCTION

$ 25,313.01 $ 30,228.27 36,349.33 48,853.46 43,204.06 24,927.05 57,139.52 15,557.49 12,160.33 69,393.51 11,112.04 11,643.14 20,062.01 6.006.17
$411.949.39 $

$ 21,243.00 28,165.34 29,550.00 44,709.83 35,589.91 23,410.00 54,390.00 14,800.00 11,657.67 58,612.12 10,510.00 10,600.00 18,560.75 6 .0 0 0 .0 0
$367.798.62

$ 2,912.50 728.83
4,815.61 4,072.82 5,218.90 1,517.05 1,470.00
757.49 367.86 8,995.35 540.46 989.44 1,149.41
6.17 $ 33,541.89

$ 1,157.51 1,334.10 1,983.72 70.81 2,395.25
1,279.52
134.80 1,786.04
61.58 53.70 351.85
$10.608.88

ACTIVITIES RELATED TO INSTRUCTION
Medical State Aid University Hospital Maternity Shelter Electroencephalographic
Clinic TOTAL ACTIVITIES RELATED TO INSTRUCTION

$174,911.14 $

$174,689.68 $ 221.46 $

47,000.00

5,000.00 52,000.00

2,160.13

973.40

1,186.73

500.50

500.50

$224.071.27 J L 5.500.50 $228.163.58

1.408.19 J ________

RESEARCH American Heart Association $ American Tobacco Institute Cancer Clinic Eli Lilly Georgia Heart Assn. (PGP) Ga. Heart Assn. (Pediatrics) Markle, Merck, Pellagra G Scopicon Sharpe & Dohme Smith, Kline & French Pund Reserve Rsch. Grants (Endocrinology) Rsch. Grants (Oncology) Research Reserve U.S.A.E.C. (PGP) U.S.A.E.C. (Biochemistry) U.S.P.H.S. (Biochemistry) U.S.P.H.S. (Biochemistry)

$ 3,053.87 850.00
1,609.92 2,604.18 17,183.79 3,464.49

$ 850.00 799.92
2,421.52 12,156.50 3,300.00

$ 194.04
118.63 2,178.74
80.67

$ 2,859.83
810.00 64.03
2,848.55 83.82

779.67 674.60 2,916.62 1,570.48 22,031.73 376.22 318.30 918.80 6,915.66 2,273.43 400.00

2,916.62 1,549.98 15,604.46
5,450.04 685.00 400.00

9.44
20.50 4,540.48
318.30 918.80 1,131.60 1,576.35

779.67 665.16
1,886.79 376.22
334.02 12.08

222

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

___________ Object Classification

Operating

Fund Totals______ Salaries

General

Restricted & Waqes

Supplies & Expense

EauiDment

A. EDUCATIONAL & GENERAL (CONT.) RESEARCH (CONTINUED) U.S.P.H.S. (Medicine) U.S.P.H.S. (Medicine) U.S.P.H.S. (Micro. Anatomy) U.S.P.H.S. (Oncology) U.S.P.H.S. (Oncology) U.S.P.H.S. (Pathology) U.S.P.H.S. (Oncology) U.S.P.H.S. (Pathology) U.S.P.H.S. (PGP) U.S.P.H.S. (PGP) U.S.P.H.S. (PGP) U.S.P.H.S. (Psychiatry) Research Sales TOTAL RESEARCH
EXTENSION
TOTAL EDUC., & GEN. EXPEND.

$

$ 22,204.49 $ 20,920.00 $ 771.10 $ 513.39

10,300.93

7,598.43

1,433.64 1,268.86

2,136.83 20,557.35
3,783.12 2,389.21

2 ,0 00.00 18,132.57
1,399.98 1,440.00

136.83 2,300.80 1,402.79
469.21

123.98 980.35 480.00

123.18 3,101.59 9,415.47 16,086.16 14,414.22

100.00 1,275.03 8,514.60 13,897.00 11,966.73

23.18 1,226.56
837.82 2,169.25 1,164.69

600.00 63.05 19.91
1,282.80

3,000.00

3,000.00

104.31

110.00

3.63

(-)9.32

$

$175.558.62 $136.488.38 $ 23.027.05 $16.043.19

$ 436.60

$

50.00 $ 386.60

$784.481.99 $187.159.12 $830.512.40 $105.132.91 $35.995.80

TRANSFERS TO: Plant Funds General Funds Refunds of Income for Prior Year TOTAL TRANSFERS

$ 83,000.00 $ 34,705.60
14.57 $ 83.000.00 $ 34.720.17

TOTAL EDUC. & GEN. DISB.

$867.481.99 $221.879.29

EUGENE TALMADGE MEMORIAL HOSP. $120.382.87 $

$113.146.04 $ 4.176.26 $ 3.060.57

AUXILIARY ENTERPRISES Bookstore Miscroscope Sales G Rentals Pelvimeter Sales TOTAL AUXILIARY EXPEND.

$ 19,421.63 $ 19,468.56 l!164.25
$ 40.054.44 $

$

21.25 $ 19,400.38 $

2,809.53 16,659.03

21.00

178.78

964.47

$

42.25 $ 22.388.69 $17.623.50

TRANSFERS TO: General Funds
TOTAL AUXILIARY DISB.
TOTAL EXPENDITURES

$ 3.990.18 $ 44.044.62 $944.919.30 $217.159.12 $943.700.69 $131.697.86 $56.679.87

223

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1955

Balance July 1. 1954

Income

Expenditures Transfers Balance

For Year For Year

G Refunds June 30. 1955

Am. Cancer Society (One.) American Cancer Society Am. Heart Assn. Am. Tobacco Institute

$

376.22 $

$ 376.22 $

2,174.00

$ 2,174.00

7,470.33

8 ,000.00

3,053.87

120.81

12,295.65

2,300.00

850.00

1,450.00

Cancer Clinic

975.33

1,240.00

1,609.92

605.41

Eli Lilly (Medicine)

300.00

300.00

Eli Lilly (Cytology)

2,793.72

1,500.00

2,604.18

1,689.54

Georgia Heart (PGP) Life Insurance (PSP)

2,888.67

18,258.00 8 ,0 0 0 .0 0

17,183.79 9,415.47

298.00 800.00

776.21 1,473.20

Ga. Heart (Pediatrics)

3,990.00

3,464.49

190.00

335.51

Markle, Merck, Pellagra, Scopicon

G U.S.P.H.S. (Old)

1,113.01

779.67

333.34

Nat. Fund for Medical Educ.

24,354.00

24,354.00

Rsch, Grants (Endocrinology)

32,093.79 12,600.00 22,031.73

280.00

22,382.06

Rsch. Grants (Biochemistry)

542.41

542.41

Rsch. Grants (Psychiatry)

3,000.00

3,000.00

Rsch. Reserve (PGP)

3,477.41

318.30

3,159.11

Rsch. Reserve (Pathology)

2,559.32

1,570.48

988.84

Sharpe G Dohme

1,691.09

674.60

1,016.49

Smith, Kline G French

8 ,000.00

2,916.62

5,083.38

U.S.P.H.S. (Med. Micro.)

2,281.61

5,090.45

2,273.43

200.00

4,898.63

U.S.P.H.S. (Pathology)

7,500.00

2,389.21

5,110.79

U.S.P.H.S. (Pathology)-

5,659.00

3,101.59

2,557.41

U.S.P.H.S. (Medicine)

6,054.65

9,476.97 10,300.93

5,230.69

U.S.P.H.S. (Medicine)

8,543.45 24,932.11 22,204.49 1,852.00

9,419.07

U.S.P.H.S. (Micro. Anatomy)

5,292.00

2,136.83

392.00

2,763.17

U.S.P.H.S. (Oncology)

2,174.00

123.18

2,050.82

U.S.P.H.S. (Oncology)

7,003.62 24,8%.90 20,557.35 1,851.00

9,492.17

U.S.P.H.S. (Biochemistry)

432.00

400.00

32.00

U.S.P.H.S. (Oncology)

3,470.00

3,764.60

3,783.12

279.00

3,172.48

U.S.P.H.S. (PGP)

4,981.23 21,447.62 16,086.16 2,403.00

7,939.69

U.S.P.H.S. (PGP)

11,474.75 21,451.56 14,414.22 1,190.36

17,321.73

U.S.A.E.C. (Biochemistry)

2,713.85

4,791.15

6,915.66

510.00

79.34

U.S.A.E.C. (PGP) W. J. Young

7,260.57

1,285.65 5,359.47

918.80 6 ,100.00

366.85 6,520.04

Electroencephalographic Clinic

6,248.17

500.50

5,747.67

Research Sales (PGP)

1,551.83

326.50

104.31

1,774.02

Research Service

11,681.10

3,283.50

14,964.60

City of Augusta

5.000.00

5.000.00

TOTAL

$ 129.246.13 $246.679.48 $187.159.12 $34.720.17 $ 154.046.32

224

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF INCOME OF RESTRICTED FUNDS BY DEPARTMENTS For Year Ended June 30t 1955

General Institution: National Fund for Medical Education

*24.354.00 $ 24,354.00

Department of Biochemistry: U.S.A.E.C. (Dr. S. A. Singal) U.S.A.H.S. (Dr. W. K. Hall)
Department of Endocrinology (Dr. R. D. Greenblatt) Ayerst Lab. Eli Lilly Reid & Carnrick Purdue Frederick Co. Upjohn Company Wyath Lab.
Department of Medicine: American Tobacco Institute Eli Lilly (Dr. B. Shannon Gallher) U.S.P.H.S. (Dr. V, P. Sydenstricken) Smith, Kline & French (Dr. T. Findley) U.S.P.H.S. (Dr. H. T. Harper, Jr.) Georgia Heart Assn. (Dr. T. Findley)
Department of Microscopic Anatomy: U.S.P.H.S. (Dr. C. H. Heuser)

$ 4,791.15 5.522.45

10,313.60

$ 2,250.00 2.410.00 1.250.00 1,000.00 Of O 7V7W 2 .0 0 0 .0 0

12,600.00

$ 2,300.00 300.00
9,476.97 8 ,0 00.00 24,932.11 18.258.00

63,267.08

* 5.292.00

5,292.00

Department of Onocology: American Cancer Soc. Eli Lilly U.S.P.H.S. (Dr.H.Wanmock) U.S.P.H.S. (Dr.H.D. Wycoff)
Department of Pathology: Cancer Clinic (Dr. L. D. Stoddard) U.S.P.H.S. (Dr. F. K. Skelton)

$ 2,174.00 1,500.00
27,070.90 3.764.60

34,509.50

$ 1,240.00 13.159.00

14,399.00

Department of Pediatrics: Georgia Heart Assn. (Dr. N. B. O'Rear)
Department of Physiology & Pharmacology: American Heart Anns. (Dr. R. P. Ahlquist) U.S.A.E.C. (Dr.W.F. Hamilton) U.S.P.H.S. (Dr.W.F. Hamilton)

* 3.990.00

3,990.00

$ 8 ,0 00.00 1,285.65
51.699.18

60,984.83

Department of Psychiatry: U.S.P.H.S. (Dr. H. M. Cleckley)
TOTAL INCOME FROM RESTRICTED FUNDS

* 3.000.00

3 ,0 0 0 .0 0

*232.110.01

225

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955

BALANCE OF PRINCIPAL, JULY 1, 1954
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, JUNE 30, 1955

Endowment Funds Loan Funds

$

35.184.98 $39.086.36

$

$ 800.00

5,568.14

1.060.35

1--

5.568.14 $ 1.860.35

$

28.67 $

5.359.47

.$

5.388.14 $

!.. 35.364.98 $40.946.71

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1955

ENDOWMENT FUNDS Moore-Carter Fund W. J. Young Fund
TOTAL ENDOWMENT FUNDS
LOAN FUNDS E. Murphy Fund Student Loan Fund W. K. Kellogg Fund Pendergrass Memorial
TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Balance

Balance

July 11 1954 Additions Deductions June 30. 1955

$ 5,983.40 $ 180.00 $

$ 6,163.40

29.201.58 5.388.14 5.388.14

29.201.58

i. 35.184.98 $5.568.14 $ 5.388.14 $ 35.364.98

'$ 8,204.32 $ 169.16 $

13,986.18

308.11

16,895.86

583.08

800.00

$ 8,373.48 14,294.29 17,478.94 800.00

39.086.36 $1.860.35 $

$

_ 74.271.34 $7.428.49 $ 5.388.14 $

40.946.71 76.311.69

226

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS: Transfer from General Funds
BALANCE, BEGINNING OF YEAR PLUS ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Murphey and Du&as Buildings Murphey and Dugas Annex Equipment
TOTAL EXPENDED FOR PLANT ADDITIONS
Other Deductions Transfer to General Funds
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

SUMMARY OF INVESTMENT IN PLANT June 30, 1955

VALUE OF PLANT, JULY 1, 1954

ADDITION FOR YEAR:

Expended from Plant Funds

-_

.

Expended from General Funds and Included in Current

Expenditures Buildings and Contents Constructed by University

System Building Authority

TOTAL ADDITIONS

VALUE OF PLANT, JUNE 30, 1955 Less: Equity of University System Building Authority

INVESTMENT IN PLANT

Funds for Plant Additions

$

34,383.77

83.000.00 $ 117.383.77

$

11,142.19

50,000.00

597.80

$

61.739.99

$

15.480.00

$

77.219.99

$

40.163.78

$1,470,832.08

$ 61,739.99 26,869.42
437.787.47

526.396.88 $1,997,228.96
747.228.23 $1.250.000.73

227

MEDICAL COLLEGE CF GEORGIA
STATEMENT CF INVESTMENT IN PLANT For Year Ended June 30, 1955

A. LAND
B. BUILDINGS Administration Building (Building Authority) Newton Building Dugas Building Murphey Building Dugas and Murphey Annex (Building Authority) Storage House
TOTAL BUILDINGS
C. EQUIPMENT Administrative Offices Administrative Building (Building Authority) Physical Plant Library Instructional Departments
TOTAL EQUIPMENT
TOTAL PLANT INVESTMENT

Investment Beginning Of Year

Additions

$ 60.000.00 $

Investment End of Year
$ 60.000.00

$ 379,774.04 $174,065.85 $ 553,839.89

80,000.00

80,000.00

190,000.00

5,673.92

195,673.92

140,000.00

5,468.27

145,468.27

287,437.64

287,437.64

2.268.00

2.268.00

$ 792.042.04 $472.645.68 $1.264.687.72

$ 25,380.20 $ 17,379.66 $ 42,759.86

26,283.98

26,283.98

2,006.24

423.04

2,429.28

109,506.38

8,999.25

118,505.63

481.897.22

665.27

482.562.49

$ 618.790.04 $ 53.751.20 $ 672.541.24

$1.470.832.08 $526.3%.88 $1.997.228.%

NORTH

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended Jane 30, 1955

North Georgia College Dahlonega, Georgia

NORTH GEORGIA COLLEGE

BALANCE SHEET JONE 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Accounts Receivable Veterans Administration TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand Cash in Bank Accounts Receivable-Veterans Admin. Stores (Inventories)

$ 2, 000.00 24,625.94
______ 253.60 $ 26,879.54
$ 1,385.00 (-06,274.16 8.58 47.604.76

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank Investments TOTAL AGENCY FUNDS

III.

STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments
TOTAL STUDENT FUNDS

42.724.18

$ 69,603.72
i

$ 20,934.16 ______ 314.50

21,248.66

$ 1,459.55 490.00
5.090.00

7,039.55

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 30,926.25

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

$ 30,926.25

$ 41,667.65 2,393,435.31 159,729.39 617.701.94

3.212.534.29

3.243.460.54

$3.341.352.47

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $3,079,100.

230

NORTH GEORGIA COLLEGE
BALANCE SHEET JUNE 30, 1955
LIABILITIES

CURRENT FUNDS A. GENERAL
Accounts Payable Purchase Orders Outstanding Unearned Income Unappropriated Surplus
TOTAL GENERAL FUNDS

$

669.41

2,578.12

6,147.86

17.484.15

$ 26,879.54

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores (Inventories) Auxiliary Deficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 1,492.81 1,040.00 2,470.55
47,604.76 (-)9.883.94

42,724.18 $ 69,603.72

II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS

21,248.66

21,248.66

III. STUDENT LOAN FUNDS Fund Balances
TOTAL STUDENT LOAN FUNDS

7,039.55

7,039.55

IV. PLANT FUNDS A. UNEXPENDED Purchase Orders Outstanding Contracts to be Negotiated Auxiliary Funds Educational & General Funds TOTAL UNEXPENDED
B. EXPENDED Equity University System Bldg. Au-th. Loans Payable Net Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 6,953.38 4,569.94
16,709.19 2.693.74

30,926.25

$ 780,014.65 32,417.49
2.400.102.15

3.212.534.29

3.243.460.54

$3.341.352.47

231

NORTH GEORGIA COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30t 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Sumner Session Other TOTAL STUDENT FEES

$ 3,677.82 73,143.42 6,609.00 11,026.15 856.50

$ 95,312.89

PUBLIC APPROPRIATIONS State of Georgia Regular Operations Plus Amount Paid from Previous Year

$280,000.00 33.563.48 313,563.48

OTHER SOURCES Sales Land Script Miscellaneous TOTAL OTHER SOURCES

$ 570.77 800.00 745.50

2.116.27

TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY INCOME DINING HAIL

$410,992.64 $163,957.31

DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES

$ 7,037.30 9,474.65
10,065.31 5,310.55
21,305.34 10.352.90

63,546.05

FARM AND DAIRY

2,917.35

STAFF HOUSING (REGULAR)

10,227.36

STAFF HOUSING (SPECIAL)

3,8%.25

VETERAN HOUSING

4,448.30

CANTEEN TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

96.636.32 345.628.94
$756.621.58

NORTH GEORGIA COLLEGE

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Total

Object Classification

Operating

Salaries & Wages

Supplies & Expenses Eguipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
President Comptroller Registrar General
TOTAL

$ 12,918.02 $ 11,503.32 $ 1,414.70 $

17,078.53 15,949.92

1,128.61

8,048.72

6,792.09

568.50

10.278.87

296.05

9.936.67

$ 48.324.14 $ 34.541.38 $ 13.048.48 $

688.13 46.15
734.28

STUDENT WELFARE Dean of Men Dean of Women Student Hospital General TOTAL

$ 8,731.34 $ 6,159.46 $ 2,478.28 $

3,300.04

3,200.04

100.00

11,122.14

8,282.06

2,739.34

2.576.73

1.695.00

881.73

$ 25,730.25 $ 19.336.56 $ 6.199.35 $

93.60 100.74 194.34

PHYSICAL PLANT Operations Utilities TOTAL
LIBRARY

$ 67,6%.63 $ 34,481.60 $ 27,866.52 $ 5,348.51

5.247.57

5.247.57

$ 72.944.20 $ 34.481.60 $ 33.114.09 $ 5.348.51

$ 19.772.71 $ 10.426.48 $ 5.162.52 $ 4.183.71

INSTRUCTION Dean of Faculty Biology Business Administration Chemistry Education Guidance Home Economics Languages & Literature Mathematics Military Physical Education Physics Social Science Summer Session TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPENDITURES

$ 7,321.84 16,347.25 20,583.33 14,183.32 11,619.58 5,695.41 7,075.31 31,511.22 18,178.04 1,865.41 18,047.45 14,450.37 19,069.40 25.020.78
$210.968.71

$ 6,699.85 14,256.32 19,578.44 11,279.72 1 0 ,1 2 0 .0 0 4,524.04 5,516.45 30,528.84 16,902.46 901.40 13,333.94 11,766.83 18,600.00 24.281.75
$188.290.04

$ 621.99 1,389.27 809.89 2,283.71 1,132.08 1,171.37 1,055.29 973.63 727.77 964.01 2,483.26 1,503.89 469.40 739.03
$ 16.324.59

$ 701.66 195.00 619.89 367.50
503.57 8.75
547.81
2,230.25 1,179.65
$ 6.354.08

$377,740.01 $287.076.06 $ 73.849.03 $16.814.92

TRANSFERS TO: Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS

13.940.00 $391.680.01

233

NORTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISE DINING HALL
DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES
FARM AND DAIRY
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
VETERAN HOUSING
CANTEEN
TOTAL AUXILIARY EXPENSES
TRANSFERS TO: Plant Fund - Regular Plant Fund - Reserve
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Obiect Classification

Operating

Salaries

Supplies

& Wages

& Expense Eauipment

$169.3%. 04 $ 44.850.06 $123.389.58 $ 1.156.40

$ 5,644.48 10,934.48 10,274.51 5,792.01 16,345.71 11.557.96
$ 60.549.15

$ 2,917.46 3,853.54 3,863.06 2,949.73 6,379.51 2.846.22
$ 22.809.52

$ 2,727.02 6,882.10 4,212.22 2,731.28 9,637.62 8.711.74
$ 34.901.98

198.84 2,199.23
111.00 328.58
$ 2.837.65

$ 6.679.79 $ 4.529.84 $ 2.041.67 $ 108.28

$ 7.410.64 $ 2.646.43 $ 4.480.06 $ 284.15

$ 891.44 $ 851.39 $

40.05 J ________

$ 6.900.59 $ 3.054.08 $ 3.155.02 $ 691.49

$104.962.96 $ 13.009.54 $ 89.224.36 $ 2.729.06

$356,790.61 $ 91.750.86 $257.232.72 $ 7.807.03

29,193.92 16.709.19
$402.693.72
$794.373.73 $378.826.92 $331.081.75 $24.621.95

STATEMENT OF TRUST FUND BALANCES Year Ended June 30, 1955
BALANCE OF PRINCIPAL BEGINNING OF YEAR
ADDITIONS Receipts Income on Investments Income on Loans Contributions to Senior Class Loan Fund TOTAL ADDITIONS
BALANCE OF PRINCIPAL END OF YEAR

Loan Funds $6,718.41

$ 135.00 21.14
165.00

321.14

$7.039.55

LOAN FUNDS John W. Moore Senior Class TOTAL TRUST FUNDS

NORTH GEORGIA COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUND Year Ended June 30t 1955

Fund Balance

Fund Balance

Beginning

End of

Of Year

Additions Deductions Year

$ 6,108.41 $ 156.14 $ 610.00 165.00
6.718.41 $ 321.14 $

$ 6,264.55 775.00
$ 7.039.55

SUMMARY OF TRUST FUND INVESTMENTS Year Ended June 30, 1955
LOAN FUNDS Bonds-Governmental Student Notes Receivable TOTAL LOAN FUNDS

Book Value Market Value

$ 5,090.00 $ 490.00
$ 5.580.00 $

5,090.00 490.00
5.580.00

STATEMENT OF CHANGES IN CASH BALANCES Year Ended June 30, 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

Cash Balance Julv 1. 1954

Receipts For Year

Payments For Year

Cash Balance June 30. 1955

$ 7,313.31 $410,992.64 $391,680.01 $ 26,625.94
52.175.62 345.628.94 402.693.72 (- )4.889.16 $ 59.488.93 756.621.58 794.373.73 $ 21.736.78

27.525.48 61.002.91 67.607.00

20.921.39

1.003.41 746.14 290.00 _ L _ 1.459.55

14.614.92 57.853.36 41.542.03 $ 30.926.25

102.632.74 876.223.99 903.812.76 $ 75.043.97

Bookstore Deposits Uniform Deposits

? AGENCY FUNDS June 30, 1955

Cash Balance Julv 1. 1954

Receipts For Year

Payments For Year

Cash Balance June 30. 1955

$

370.06 $

$

$

3,593.31 33,495.51 32,462.10

370.06 4,626.72

235

NORTH GEORGIA COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Breakage Deposits Miscellaneous Deposits Student Activities
TOTAL

Cash Balance July 1. 1954

Receipts For Year

Payments For Year

Cash Balance June 30. 1955

$ 9,674.29 $ 7,792.75 $ 7,562.30 $

(-1233.32

383.33

150.01

14.121.14 $ 19.331.32 27.432.59

$ 27.525.48 $ 61.002.91 $ 67.607.00 $

9,904.74
6.019.87 20.921.39

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Balance

Balance

July 1. 1954 Additions Expenditures Transfers June 30. 1955

Replacement Reserve

$

Fire Safety Band House

Rehabilitation Fire House

Fire Safety Barracks

Storm Sewers Home Economics

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

Presidents Home & Furnishings

Fire Safety Bus. Admin.

Fire Safety Military Bldg.

Concrete Work Home Economics

Rehabilitation of Canteen

Rehabilitation of Academic

Extension of Utilities-Grading-

Rehabilitation Sanford Hall

Rehabilitation Band House

Rehabilitation Home Economics

Rehabilitation Price Memorial

Rehabilitation Barnes Hall

Window Repairs Three Buildings

Termite Treatments

New Two Unit Apartment

Capital Improvements Gaillard HallL

Fund Balance

$16,709.19 $ 210.00

$

$

37.50

337.50

612.62

402.62

225.00 451.14 2,668.62 744.44 1,641.73 1,384.71 849.52 1,224.00 2,287.30 693.07 693.06 230.13 1,312.20

25.50

25.50

(-)225.00

553.00

201.86

12.0 0 (-)1,206.62

146.00 (->398.44

105.50 (->536.23

25.50( ->1,059.21

151.00 (->598.52

(->1,224.00

2,175.03 (->112.27

662.52

273.45

617.00 (->76.06

(->230.13

1,460.89

148.69

316.93

928.93

4,420.00 11,780.00
2,580.00 3,120.00 1,760.00 1,8 40.00 2,408.00 5,000.00

1,565.42 2,451.92

3,683.82 (->736.18

10,730.240->1,049.76

2,345.33 (->234.67

3,330.50

210.50

837.58 (->22.42

1,879.80

39.80

1,395.00 (->5.00

633.18

8,236.17

8,236.17

2.693.74

TOTAL

$ 14.614.92 $57.853.36 $ 41.542.03 $

$

16,709.19 300.00
100.00 1,450.00
200.00 1 ,0 0 0 .0 0
300.00 100.00
300.00
612.00 886.50
900.00 1,008.00 4,366.82 2.693.74 30.926.25

236

NORTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30t 1955

?
BALANCE JULY 1, 1954 ADDITIONS:
Transfers from General Funds Transfers from Auxiliary Funds
TOTAL ADDITIONS

Funds for Plant Additions

Funds for Debt Service

Total

$14,614.92 $

$14,614.92

13,940.00

13,940.00

43.913.36 1.989.75 45.903.11

$57,853.36 $1,989.75 $59,843.11

DEDUCTIONS: Buildings and Additions to Buildings Price Memorial Academic Sanford Hall President's Home Band House Canteen Home Economics Barnes Hall Two Unit Apartment Gaillard Hall Fire Safety-Band House Fire Safety-Home Economics Building Fire Safety-Infirmary Fire Safety-Sanford Hall Fire Safety-Barnes Hall Fire Safety-Gymnasium Fire Safety-Business Administration Fire Safety-Military Building Fire Safety-Barracks Fire Safety-D.H. & Auditorium TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS Extension of Utilities
EQUIPMENT Furniture-Band House
INDEBTEDNESS RETIRED University of Georgia Endowment Funds
OTHER DEDUCTIONS Interest on Indebtedness
OTHER EXPENDITURES NOT CAPITALIZED Window Repairs & Termite Treatment
TOTAL DEDUCTIONS
BALANCE JUNE 30t 1955
237

$ 3,943.12 $ 316.93
3,683.82 2,175.03 3,001.89 1,460.89 2,345.33
837.58 633.18 2,532.17
37.50 553.00 146.00 105.50
25.50 151.00 666.52 617.00
25.50 12.00 $ 23.269.46 $

$ 3,943.12 316.93
3,683.82 2,175.03 3,001.89 1,460.89 2,345.33
837.58 633.18 2,532.17
37.50 553.00 146.00 105.50
25.50 151.00 666.52 617.00
25.50 12.00 $23,269.46

t . % Q ,, *

* 7 269 42

*--

---------- * --1--- 1--

$ 7.728.35 $_________ $ 7.728.35

I_________ $ 987.60 $ 987.60

$ ________ $1.002.15 $ 1.002.15

$ 3^274.80_______ _ $ 3.274.80

$ 41.542.03 $1.989.75 $43.531.78

$ 30.926.25 $

$30.926.25

NORTH GEORGIA COLLEGE

VALUE OF PLANT JULY 1, 1954

SUMMARY CF INVESTMENT IN PLANT As of June 30, 1955

ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Buildings and Contents Constructed by University System Bldg. Auth. TOTAL ADDITIONS

VALUE OF PLANT PLUS ADDITIONS JUNE 30, 1955

DEDUCTIONS Equipment Sold or Abandoned

VALUE OF PLANT JUNE 30, 1955

DEDUCT: Equity of University System Building Authority Due University of Georgia Endowment Funds

INVESTMENT IN PLANT JUNE 30, 1955

$3,046,288.13

$ 38,267.23

16,814.92 7,807.03
106.806.86

169.6%. 04

$3,215,984.17

3.449.88 $3,212,534.29

$780,014.65 32.417.49

812.432.14

$2.400.102.15

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

A. LAND Old Campus New Campus Old Farm New Farm TOTAL LAND
BUILDINGS Academic Price Memorial Business Administration Home Economics Military Science Library Auditorium-Dining Hall Gymnasium Band House Barnes Hall Barracks Sanford Hall Infirmary

Investment Beginning Of Year_______ Additions

Investment End of Deductions Year______

$ 23,667.65 $

$

6 ,000.00

4,000.00

8 .000.00

$ 41.667.65 $

$

$ 102,842.63 $ 1,777.82 $

101,075.05

3,943.12

41,690.12

666.52

43,970.80

2,898.33

42,459.94

617.00

287,306.53

62,786.03

136,409.07

12.00

48,710.64

151.00

29,438.13

3,039.39

91,275.71

863.08

150,960.45

25.50

47,554.52

3,789.32

23,419.59

146.00

$ 23,667.65 6 ,0 0 0 .0 0 4,000.00 8 .0 0 0 .0 0
$ 41.667.65
$ 122,620.45 105,018.17 42,356.64 46,869.13 43,076.94 287,306.53 62,786.03 136,421.07 48,861.64 32,477.52 92,138.79 150,985.95 51,343.84 23,565.59

238

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment
Beginning Of Year_______ Additions

Investment
End * Deductions Year______

B. BUILDINGS (CONTINUED) Military Garage Lewis Hall (USBA) Gaillard Hall (USBA) Three Maintenance Buildings Loggins House Presidents Home Three Janitors Homes Four Unit Faculty Apt. Two Unit Faculty Apt. One Faculty Home Four Faculty Homes Three Faculty Homes Three Faculty Homes Six Faculty Homes Faculty Garage Warehouse Three Six Unit Vet. Apts. Four Farm Buildings TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks Lighting System Water System Sewer System Landscaping TOTAL
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Department Dormitories Dormitories (USBA) Dining Hall Farm Faculty Housing Canteen Veteran Housing TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

$ 13,063.11 $

478,676.31

247,804.71 84,807.11

6,600.00

2,217.43 38,546.94 2,175.03

6.700.00

40,000.00

633.18

5,000.00

24,000.00

39.000. 00

30.000. 00

53.000. 00

1,627.%

2.500.00

65,055.24

7.300.00 ____________ $2.288.990-91 $105.544.40

$

$ 13,063.11

478,676.31

332,611.82

6 ,600.00

2,217.43

40,721.97

6.700.00

40,000.00

633.18

5 ,000.00

24.000. 00

39.000. 00

30.000. 00

53.000. 00

1,627.%

2.500.00

65,055.24

1.100,00_____6 .200.00

$ 1.100.00 $2.393.435,31

$ 55,000.00 $

$

26,000.00

22,000.00

41,000.00

8.459.97

7.269.42 _

$ 152.459.97 $ 7.269.42 $

$ 55,000.00 26,000.00 2 2 ,0 0 0 .0 0 41,000.00 15.729.39
$ 159.729.39

$ 19,582.50 $ 734.28 $

133,329.57

5,542.85

$ 20,316.78 138.872.42

78,474.25

4,183.71

82,657.%

186,122.34

6,354.08

192.476.42

28,775.83 10,566.00 1,105.50

38,236.33

44,252.59 24,531.92

68,784.51

42,070.44

1,156.40

43,226.84

1,713.89

108.28

1,822.17

9,814.24

284.15

10,098.39

15,757.95

2,729.06 1,244.38

17,242.63

3.276.00

691.49

3.%7.49

563.169.60 $ 56.882,22 $ 2.349.88~T 617,701.94

$3.046.288.13 $169,6%.04 $ 3.449.88 $3.212.534.29

GEORGIA

STATE COLLEGE FINANCIAL REPORT

FOR

WOMEN

For the Year Ended June 30, 1955

Georgia State College for Women Milledgeville, Georgia
241

GEORGIA STATE COLLEGE FOR WOMEN

BALANCE SHEET JUNE 30, 1955

ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Store Inventory
TOTAL GENERAL FUNDS
B. RESTRICTED FUNDS Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
C. AUXILIARY ENTERPRISES Cash in Bank Accounts Inventory Stores Inventory TOTAL AUXILIARY ENTERPRISES

$ 68,831.69 13.054.29 $ 81,885.98

$ (-13,473.50 14.209.67

10,736.17

$ 7,777.06 323.00
27.951.85

36.051.91

TOTAL CURRENT FUNDS

I I. AGENCY FUNDS Cash in Bank

Ill,

ENDOWMENT FUNDS Cash in Bank Investments:
U. S. Treasury Bonds University System Building Authority Bonds GSCW Building - Parkhurst Student Notes Receivable

$ 4,760.32

$ 120,700.00 10,500.00
132,447.90 6.360.19

270.008.09

128,674.06 18,807.66

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments: U. S. Treasury Bonds University System Building Authority Bonds Other Bonds

$ 13,445.51 $ 10,268.79

83,666.50 12,500.00 6.750.00

113.185.29

274,768.41

TOTAL STUDENT LOAN FUNDS

126,630.80

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 110,105.38

B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment

$ 262,369.65 3,212,913.82 324,150.00 1.299.178.69

5.098.612.16

TOTAL PLANT FUNDS
TOTAL ASSETS NOTE: Builc|ing|u|re^v|^ug^a^gost.

5.208.717.54
5,757.598.41 Based on an appraisal made during 1953-54, buildings had a
242

GEORGIA STATE COLLEGE FOR WOMEN
BALANCE SHEET JUNE 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Outstanding Purchase Orders Unearned Income Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
C. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Deficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance
IV. STUDENT LOAN FUNDS Fund Balance
V. PLANT FUNDS A. UNEXPENDED Fund Balance
B. INVESTED IN PLANT Equity of University Building Authority Due Other Funds Investment in Plant TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS AND INVESTED IN PLANT
TOTAL LIABILITIES

$ 2,082.64 672.75
16,907.00 13.054.29 49.169.30
$ 81,885.98

10,736.17

$ 1,769.03 9,220.54
27,951.85 (-)2.889.51

36.051.91 $ 128,674.06

18,807.66

274,768.41

126,630.80

$ 110,105.38

$ 316,358.35 132,447.90
4.649.805.91

5.098.612,16

5.208.717.54

$5.757.598.47

243

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School Music Placement Bureau TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS State of Georgia Plus Amount Unpaid Previous Year Vocational Funds Division of General Extension Baldwin County TOTAL PUBLIC APPROPRIATIONS

$425,000.00 45.239.03

GIFTS AND GRANTS Rockefeller Foundation

OTHER SOURCES Nursery School Kindergarten Miscellaneous TOTAL OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME

B. AUXILIARY ENTERPRISES DINING HALL

DORMITORIES Beeson Bell and Annex Ennis Mayfair Sanford Terrell and Annexes TOTAL DORMITORIES

APARTMENTS AND OTHER RENTALS Alumnae Guest House Miller Hall Apartments Parkhurst Apartments Family Dwelling Units TOTAL APARTMENTS & OTHER RENTALS

LAUNDRY

General Income

Restricted Income

Total

$ 8,851.00 $

$

71,158.95

7,462.00

21,932.75

4,038.50

91.00

$113.534.20 J _____ _____ $

8,851.00 71,158.95
7,462.00 21,932.75
4,038.50 91.00
113.534.20

$470,239.03 $

$ 470,239.03

9,591.38

9,591.38

1,600.00

1,600.00

70.368.34

70.368.34

$471.839.03 $79.959.72 $ 551.798.75

$

$ 61.57 $

61.57

$ 2,861.25 $ 1,840.00 2.712.20
$ 7.413.45 $

$ 2,861.25 1,840.00 2.712.20
$ 7.413.45

$592.786.68 $80.021.29 $ 672.807.97

$169.014.67 $

$ 169.014.67

$ 11,614.71 $ 16,127.97
9,552.32 587.15
1 ,6 6 6 .0 0 32.554.76 $ 72.102.91 $

$ 11,614.71 16,127.97 9,552.32 587.15 1,6 6 6 .0 0 32.554.76
$ 72.102.91

$ 1,786.50 $

$

3,187.00

10,670.00

4.310.00

.J .. $ 19.953.50

$

$ 29.957.53 J_____

1,786.50 3,187.00 10,670.00 4.310.00 19.953.50
29.957.53

244

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) STUDENT UNION
TOTAL AUXILIARY ENTERPRISES INCOME
C. STUDENT AID GIFTS AND GRANTS Milledgeville Scholarship Fund Thomaston Mills Scholarship Fund TOTAL GIFTS AND GRANTS
ENDOWMENTS J. L. Beeson Scholarship Fund Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Sylvester Mumford Memorial Fund Thomas E. Mitchell Fund Anna Browne Small Scholarship Fund Hallie Claire Smith Scholarship Fund Blanche Tait Scholarship Fund TOTAL ENDOWMENTS
TOTAL STUDENT AID
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 27.552.06 $ $318.580.67 J _____

$ 27.552.06 $ 318.580.67

$

$ 1,250.00 $ 1,250.00

1.000.00

1.000.00

JL_

$ 2.250.00 $ 2.250.00

$

$ 25.00 $

25.00

50.00

50.00

137.50

137.50

100.00

100.00

4,686.79

4,686.79

2,087.62

2,087.62

37.50

37.50

(-)70.63

(-)70.63

(-)35.53

(-035.53

i_

$ 7.018.25 $ 7.018.25

$

$ 9.268.25

9.268.25

$911.367.35 $89.289.54 $1.000.656.89

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Fund Classification General Restricted

Object Classification

Operating

Salaries

Supplies

& Waaes

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Alumnae Office Comptroller's Office President's Office Public Relations Registrar's Office General Expense TOTAL ADMIN. & GENERAL
STUDENT WELFARE Dean of Women Student Personnel Placement Bureau

$ 6,580.41 $ 19,373.61 15,718.45 8,719.95 10,118.19 14.400.62
$ 74.911.23 $
$ 6,912.57 $ 1,195.73 1,359.35

$ 5,730.43 $ 849.98 $

17,353.67

1,507.44

13,665.00

1,835.05

6,499.81

2,220.14

9,366.74

751.45

100.00 14.300.62

$ 52.715.65 $ 21.464.68 $

512.50 218.40
730.90

$ 6,750.00 $ 1,182.38 1,280.00

162.57 13.35 79 35

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Waaes

& Expense

Eciuipment

EDUCATIONAL & GENERAL (CQNT. )

STUDENT WELFARE (CONTINUED)

Student Hospital

$ 10,541.82 $

Voluntary Religious Activity 3,050.00

Lake Laurel Camp Ray

1,482.64 414.43

TOTAL STUDENT WELFARE

$ 24.956.54 . $

$ 9,741.80 $ 3,050.00

800.02 $

903.86

578.78

15.00

399.43

$ 22.923.04 $ 2.033.50

PLANT OPERATIONS

$ 92.843.33 $

$ 40.765.87 $ 51,621.01 $ 456.45

LIBRARY

$ 31.234.70

$ 20.114.75 $ 975.86 $10.144.09

INSTRUCTION Art Biology Business Administration Chemistry Education English General Instruction Health & Physical Education History Home Economics Home Management Mathematics Music Nursery School Peabody Practice School Physics Romance Languages Sociology Summer School TOTAL INSTRUCTION

$ 8,875.30 11,512.09 22,745.62 10,093.84 29,157.21 25,806.03 13,370.24 20,094.14 8,551.18 29,725.32 864.92 8,415.72 24,637.07 7,614.04 14,082.80 3,907.23 15,448.61 18,594.81 35.758.09
$309.254.26

$
76,596.56 $76.596.56

$ 8,422.13 10,049.22 19,866.45 8,461.95 28,415.05 25,712.17 9,134.69 19,050.08 8,356.00 26,930.56 575.25 8,276.00 23,068.88 6,311.70 87,612.71 3,615.67 12,837.12 18,466.58 35.443.12
$360.605.33

$ 453.17 1,296.81 2,404.17 1,415.74 742.16 93.86 4,235.55 1,044.06 195.18 2,065.91 289.67 139.72 1,568.19 1,226.94 2,204.15 116.53 922.29 128.23 314.97
$ 20.857.30

$ 166.06 475.00 216.15
728.85
75.40 862.50 175.03 1,689.20
$ 4.388.19

RESEARCH

$ 498.73 $ 61.57 $ 225.75 $ 334.55

EXTENSION Vocational Home Economics General Extension TOTAL EXTENSION

$

$ 8,512.13 $ 7,052.21 $ 1,459.92 $

1.874.75

1.867.25

7.50

$ 1.874.75 $ 8.512.13 $ 8.919.46 $ 1.467.42 $

TOTAL EDUCATIONAL & GENERAL

$535.573.54 $85.170.26 $506.269.85 $ 98.754.32 $15.719.63

TRANSFER TO: Plant Funds

$ 69.567.64

TOTAL EDUCATIONAL & GEN. DISB. $605.141.18 $85.170.26 $506.269.85 $ 98.754.32 $15.719.63

246

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries & Wages

Supplies & Expense Eauipment

AUXILIARY ENTERPRISES CAFETERIA
DINING HALL

$ 213.57 $ $171,925.38 $

$

88.56 $

125.01 *<*1*>

$ 43.335.18 $128,144.70 $ 445.50

RESIDENT HALL
Atkinson Beeson Bell and Annex Ennis Mayfair Sanford Terrell & Annexes
TOTAL RESIDENT HALLS

$ 1,624.65 $ 14,234.56 20,877.61 13,119.64 384.27 4,006.97 28.329.60
$ 82.577.30 $

$

12.00 $ 1,612.65 $

9,234.00

5,000.56

11,668.85

9,208.76

7,750.54

5,369.10

135.00

249.27

469.84

3,537.13

16.094.69 12.234.91

$ 45.364.92 $ 37.212.38

APARTMENTS & OTHER RENTALS Alumnae Guest House Miller Hall Apartments Parkhurst Apartments Family Dwelling Units TOTAL APARTMENTS & OTHER RENTALS
LAUNDRY
STUDENT UNION
TOTAL AUXILIARY ENTERPRISES

$ 4,232.70 $ 2,649.90 6,200.77 2.461.16
$ 15.544.53 $
$ 30.928.49 $
$ 30.956.34 $
$332,145.61 $

$ 2,190.24 $ 2,042.46

1,232.41

1,417.49

2,710.71

3,490.06

592.50

1.599.16

269.50

$ 6.725.86 $ 8.549.17 $ 269.50

$ 23.657.86 $ 7.085.63 $ 185.00

$ 5.646.05 $ 21.719.74 $ 3.590.55

$124,818.43 $202,836.63 $ 4.490.55

TRANSFER TO: Plant Funds
TOTAL AUX. ENTERP. DISB.

$ 52.412.45 $384,558.06 $

$124,818.43 $202,836.63 $ 4.490.55

STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

$

$10,006.,00 $

_J__________ _J________

$989,699.24 $95,176.,26 $631,088.28 $301,590.95 $20,210.18

247

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1955

Balance Beginning
Of Year

Receipts Disbursements For Year For Year

Balance End of
Year

A. EDUCATIONAL AND GENERAL Baldwin County Vocational Home Economics Rockefeller Foundation TOTAL EDUC. & GENERAL

$(-)5,882. 18 $70,368.34 $ (->3,006. 23 9,591.38
61.57 $(-)8 .888.41 $80.021.29 $

B. STUDENT AID

SCHOLARSHIPS

J. L. Beeson Scholarship Fund

$ (-)110.00 $ 25.00 $

Chappell Scholarship Fund

(->40.00

50.00

Faculty'Scholarship Fund

(->192. 50

137.50

A. A. Lowe Scholarship Fund

51. 77

100.00

Thomas E. Mitchell Fund

2,035. 22 2,087.62

Sylvester Mumford Memorial Fund

7,457. 02 4,686.79

Anna Browne Small Scholarship Fund

37.50

Hallie C. Smith Scholarship Fund

(->70.63

Blanche Tait Scholarship Fund

(->35.53

Milledgeville Scholarship

500. 00 1,250.00

Thomaston Mills Scholarship

1,500. 12 1,000.00

Writer's Fund

100.00

TOTAL STUDENT AID

$ 11.301. 63 $ 9.268.25 $

TOTAL RESTRICTED FUNDS

$ 2.413. 22 $89.289.54 $

76,596.56 8,512.13 61.57
85.170.26

$(->12,110.40 (->1,926.98
$(->14.037.38

145.00 $ 90.00
330.00 100.00 1,240.00 5,616.00 100.00
1,385.00 1,0 0 0 .0 0
10.006.00 $

(->230.00 (->80.00
(->385.00 51.77
2,882.84 6,527.81 (->62.50 (->70.63 (->35.53
365.00
1,500.12 100.00
10.563.88

95.176.26 $ (->3.473.50

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Loan Funds Endowment Funds TOTAL TRUST FUNDS
TOTAL

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

Cash Balance July 1. 1954

Receipts For Year

Disbursements Cash Balance For Year June 30. 1955

$ 81,186.19 2,413.22
73.754.45 $157.353.86
$ 22.127.42
$ 50.301.55

$ 592,786.68 89,289.54
318.580.67 $1.000.656.89

$ 605,141.18 95,176.26
384,558.06 $1.084.875.50

$ 68.831.69 (->3.473.50 7.777.06
$ 73.135.25

$ 67.466.05 $ 70.785.81 $ 18.807.66

121.980.09 $ 62.176.26 $ 110.105.38

$ 13,679.23 8.675.69
$ 22.354.92
$252.137.75

$ 6,151.15 $ 6,384.87 $ 13,445.51

12.500.93

16.416.30

4.760.32

18.652.08 $ 22.801.17 $ 18.205.83

$1.208.755.11 $1.240.638.74 $ 220.254.12

248

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955
Endowment Funds

Loan Funds

Total

BALANCE OF PRINCIPAL, BEGINNING OF YEAR

$272.487.85 $123.936.90 $396.424.75

ADDITIONS: Gifts and Grants Transfer from Loan Funds Income on Investments TOTAL ADDITIONS

$ 158.75

1,030.06

1,188.81

2,121.81

2,121.81

7.916.30

4.344.59 12.260.89

L 10.196.86 $ 5.374.65 $ 15.571.51

DEDUCTIONS: Transfer to Restricted Funds Premium on Bonds Purchased Transfer to Endowment Funds Student Notes Written Off TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

$ 7,018.25 $ 898.05

$ 7,018.25

475.44

1,373.49

2,121.81

2,121.81

25.00

25.00

$ 7.916.30

2.622.25 $ 10.538.55

$274.768.41 $126.689.30 $401.457.71

ENDOWMENT FUNDS J. L. Beeson Scholarship Fund Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Agnes Green Martin Scholarship Fund Thomas E. Mitchell Fund Sylvester Mumford Memorial Fund Anna Browne Small Fund Hallie C. Smith Scholarship Fund Blanche Tait Scholarship Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS Atlanta GSCW Loan Fund Earl Bailey Callie C. Bell, D. A. R. Philo S. Bennett Lizzie D. W. Bridges, D. A. R. Corrie Hoyt Brown GSCW Student Defense History Club L. Morel Sylvester Mumford Loan Fund Alice W. Shinholser *1 Alice W. Shinholser #2

JND BALANCES ' FUND June 30, 1955

Fund Balance

Fund Balance

Beginning

End Of

Of Year

Additions Deductions

Year

$ 1,409.80 $ 25.00 $ 25.00 $ 1,409.80

2,352.63

50.00

50.00

2,352.63

10,728.06

137.50

137.50

10,728.06

4,000.00

100.00

100.00

4,000.00

100.00

100.00

200.00

52,036.09 2,404.58 2,404.58

52,036.09

200,083.90 5,109.40 5,109.40

200,083.90

2,159.31

37.50

2,121.81

1,111.03

93.77

35.02

1,169.78

666.34

17.30

17.30

666.34

$ 272.487.85 $10.1%.86 $ 7.916.30 $ 274.768.41

$

127.00 $ 2.26 $

500.71

256.27

1,170.38

25.00

200.00

81,392.76 4,600.09

725.00

267.15

2,460.25

37.50

3,636.67

75.00

1,6%. 15

25.00

1,552.61

25.00

$
422.61 25.00

129.26 500.71 256.27 1,195.38 200.00 85,570.24 725.00 267.15 2,472.75 3,711.67 1,721.15 1,577.61

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

LOAN FUNDS (CONTINUED) Anna Browne Small Loan Fund Joseph M. Terrell Thomaston Mills Loan Fund Fannie Trammell, D. A. R. Grace Beatty Watson TOTAL LOAN FUNDS

Fund Balance

Fund Balance

Beginning

End of

Of Year

Additions Deductions

Year

$ 2,121.81 12,307.99 7,757.92 7,575.88 188.35
$ 123.936.90

$ 250.00 180.00 154.80
$5.374.65

$ 2,121.81
52.83 $ 2.622.25

$ 12,557.99 7,937.92 7,677.85 188.35
$126.689.30

DETAIL OF ENDOWMENT FUND INVESTMENTS End of Year June 30, 1955
Rate of Maturity Interest Date

Book Value

U. S. TREASURY BONDS U. S. Treasury, Series G U. S. Treasury, Series G U. S. Treasury, Series G U. S. Treasury, Series G U. S. Treasury, Series G U. S. Treasury, Series G U. S. Treasury, Sris G U. S. Treasury, Series K TOTAL U. S. TREASURY BONDS
OTHER BONDS University System Building Authority University System Building Authority TOTAL OTHER BONDS
TOTAL ENDOWMENT FUNDS INVESTMENTS

2^% 2%% 2J% 2y2% m m
3%

7-1-58 2-1-61 3-1-61 7-1-61 6-1-62 5-1-63 11-1-63 8-1-64

$ 7,000.00 20,000.00 6,500.00 46,500.00 15,000.00 5,900.00 9,800.00 10.000.00
$120.700.00

6-1-1970 $ 2,000.00 5-1-1981 8.500.00
$ 10.500.00
Sl31.200.00

DETAIL OF LOAN FUND INVESTMENTS For Year Ended June 30, 1955
1. TREASURY BONDS U. S. Treasury, Series F U. S. Treasury, Series F U. S. Treasury, Series F U. S. Treasury, Series F U. S. Treasury, Series G U. S. Treasury, Series G

Rate of Maturity Interest Date

Book Value

2.53% 2.53% 2.53% 2.53%


5-1-55 6-1-55 5-1-56 6-1-56 7-1-58 2-1-61

$

50.00

25.00

25.00

125.00

24,000.00

5,000.00

250

GEORGIA STATE COLLEGE FOR WOMEN
DETAIL OF LOAN FUND INVESTMENTS (CONTINUED)
U. S. TREASURY BONDS (CONTINUED) U. S. Treasury, Series U. S. Treasury, Series U. S. Treasury Series U. S. Treasury, Series S. Treasury, Series S. Treasury. Series S. Treasury, Series K TOTAL U. S. TREASURY BONDS
OTHER BONDS University System Building Authority University System Building Authority Atlantic Company TOTAL OTHER BONDS
TOTAL LOAN FUND INVESTMENTS

Rate of Maturity Interest Date

Book Value

6-1-61 $ 3,000.00

m

7-1-61

4,500.00

*

5-1-63

3,000.00



12-1-63

13,500.00

m

2-1-64

27,000.00

8-1-64

2,000.00

w

6-15-67

1.500.00

$ 83.725.00

3%

6-1-70 $ 8,000.00

5-1-81

4,500.00

5%

4-1-80

6.750.00

$ 19.250.00

$102.975.00

Hospitalization and Insurance Account
Student Bank Student Activities Account
TOTAL AGENCY FUNDS

1 AGENCY FUNDS l June 30, 1955

Balance Beginning
Of Year

Receipts For
Year

Disbursements For
Year

Balance End of
Year

$ 8,151.49 988.48
12.987.45 $22.127.42

$ 5,762.17 41,697.89 20.005.99
$67.466.05

$ 8,342.63 $ 5,571.03 39,657.92 3,028.45 22.785.26 10.208.18
$ 70.785.81 $18.807.66

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS: Transfers from Auxiliary Funds Transfers from Educational & General Funds Transfer from Auxiliary Funds TOTAL ADDITIONS

Funds for Plant
Additions

Funds For Debt
Service

$50.301.55 $

Funds For
ReDlacement

Total Funds

$

$ 50.301.55

$29,000.00 $7,405.53 $ 16,006.92 $ 52,412.45

69^567.64

69,567.64

$98.567.64 $7.405.53 $ 16.006.92 $121.980.09

251

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds for Plant
Additions

Funds For Debt Service

Funds For
Replacement

Total Funds

DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Bell Hall Ennis Hall Beeson Hall Chappell Hall Guest House Sanford Hall Mayfair Parks Memorial Hospital Parks Hall Arts Hall Atkinson Hall Education Building Russell Library High School Building Governor's Mansion Improvements Other Than Buildings Equipment TOTAL EXPENDED FOR PLANT ADDITIONS
LOAN REPAID Endowment Funds
OTHER DEDUCTIONS Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1955

$ 125.47 $

$

2,301.18

1,237.07

30.10

7,406.98

2,307.68

3,031.67

1,227.63

2,706.28

14,302.69

3,466.19

5,545.70

75.00

155.47

8,250.64

2.600.98

$54.770.73 $

$

$ 125.47 2,301.18 1,237.07 30.10 7,406.98 2,307.68 3,031.67 1,227.63 2,706.28
14,302.69 3,466.19 5,545.70
75.00 155.47 8,250.64
2.600.98 $ 54.770.73

$

$3.994.47 $

$ 3.994.47

$

$3.411.06 $

$ 3.411.06

$54.770.73 $7.405.53 $ ......... $ 62.176.26

$94.098.46 $

$ 16.006.92 $110.105.38

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1955
VALUE OF PLANT JULY 1, 1954
ADDITIONS DURING YEAR Buildings Constructed by University System Building Authority Expended from Plant Funds Expended from Educational & General Funds & Included in Current Expense Statement Expended from Auxiliary Enterprise Funds & Included in Current Expense Statement
TOTAL ADDITIONS
VALUE OF PLANT JUNE 30, 1955

$4,912,235.83
$111,395.42 54,770.73 15,719.63 4.490.55 186.376.33 $5,098,612.16

252

J
I

GEORGIA STATE COLLEGE FOR WOMEN
SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
DEDUCT: Loan Payable to Endowment Funds Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1955

$132,447.90 316.358.35 $ 448.806.25
U . 649.805.91

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment

Year

Beginning

Acquired Of Year_

Additions

Investment End Of Year

A. LAND Main Campus - 19& acres Ennis, Mansion - 3 acres Mayfair Lot Peabody Lot - 2& acres Boddie Lot - Peabody Rivers Lot - Peabody Gilbert Park Lot - Wilkinson & Montgomery Lot - Columbia and Green Humber Lot Sanford Hall Lot Government Park Lot - Montgomery and Wayne Barnes Lot Montgomery Street Lot Gilstrap Lot Nursery School Lot Lake Laurel Area Camp Ray Lot - Montgomery Street Lot - Wilkinson Street Lot - Wilkinson and Montgomery TOTAL LAND
B. BUILDINGS Arts Atkinson Beeson Bell and Annexes Chappell Education Ennis Health and Physical Education Home Management House Russell Library Mansion Annex The Mansion Mayfair

1939 1937 1940 1946 1946 1946 1947 1944 1937
1934 1944 1948 1944 1950 1938 1941 1951 1951 1952

110,000.00 $ 50,000.00 l \ 500.00 6,000.00 700.00 1,800.00 10,000.00 4,500.00 5)000.00 3,500.00 6)000.00 10)000.00 4500.00 2)000.00 3,000.00 2,000.00 2,500.00 7,500.00 7,500.00 8,213.00 3,156.65 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 4,500.00 5,000.00 3,500.00 6,000.00 10,0 0 0 .0 0 4,500.00 2,000.00 3,000.00 2,000.00 2,500.00 7,500.00 7,500.00 8,213.00 3,156.65 7.000.00
$ 262.369.65

1927 1897 1937 1925 1908 1927 1918 1939 1947 1928 1898 1891 1939

$ 92,650.00 $ 14,302.69

210,000.00

3,466.19

128,231.28

1,237.07

234,450.93

125.47

112,601.16

30.10

51,850.00

5,545.70

132,119.00

2,301.18

153,058.86

37,500.00 99,356.80 67,627.20

75.00 7,406.98

82,770.31 20,712.89

8,250.64 3,031.67

106,952.69 213,466.19 129,468.35 234,576.40 112,631.26
37,395.70 134,420.18 153,058.86
37,500.00 99,431.80 75,034.18 91,020.95 23,744.56

253

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End Of Year

B. BUILDINGS (CONTINUED) Miller Hall Parkhurst Parks Parks Memorial Hospital Peabody High School Peabody Elementary School Porter Hall & Annex Russell Auditorium Sanford Science Building (Bldg. Auth.) Terrell Hall Terrell Annex A Terrell Annexes B & C Log Hut Lake Laurel House Utility Building Gilstrap House Nursery School Georgia House Residence - Wilkinson & Montgomery Residence - Wilkinson TOTAL BUILDINGS

1943 1949 1925 1929 1927 1939 1939 1928 1939 1954 1909 1922 1922 1924 1938 1945 1944 1950 1950 1952 1952

IMPROVEMENTS OTHER THAN BUILDINGS Electric Water Coolers Tennis Courts Landscaping and Shrubbery Campus Bell System Heating System Campus Electrical System Water System Swimming Pool Well - Lake Laurel Spillways - Lake Laarel
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 50,000.00 157,502.33 151,741.67 50,600.00 50,250.00 130,000.00 108,100.00 116,975.00 149,000.61 227,559.95 142,148.05 62,707.62 138,207.63 3,500.00 10,511.11 50,000.00 5,000.00 6,000.00 15,001.60 11,600.00 6.298.29
$3.065.632.28

$ 2,706.28 1,227.63 155.47 2,307.68
95,111.79
$147.281.54

$ 50,000.00 157,502.33 154,447.95 51,827.63 50,405.47 130,000.00 108,100.00 116^975.00 151,308.29 322,671.74 142,148.05 62j707.62 138,207.62 3,500.00 10,511.11 50,000.00 5,000.00 6,000.00 15,001.60 11,600.00 6.298.29
$3.212.913.82

$ 3,500.00 $ 2,750.00
13,000.00 1,500.00
200,000.00 46,000.00 19,000.00 25,000.00 4,000.00 9.400.00
1 _ 324.150.00 X

$ 3,500.00 2,750.00
13,000.00 1,500.00
200,000.00 46,000.00 19,000.00 25,000.00 4,000.00 9.400.00
$ 324.150.00

Investment

Investment

Beginning ___________ Additions______________

End Of

___QLJear____ duJ5_j&J)en. Auxiliary Plant Fds.______ Year

D. EQUIPMENT

Administrative Offices $ 26,389.27 $ 730.90 $

Physical Plant

211,991.17

456.45

Library

276,900.94 10,144.09

Instructional Departments 273,700.46 4,388.19

Science Bldg. (Bldg. Auth.)

$

$ 27,120.17

1,137.93

213,585.55

287,045.03

1,463.05

279,551.70

16,283.63

16,283.63

254

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Additions

D. EQUIPMENT (CONTINUED) Organized Research Extension Cafeteria Dining Hall Laundry Parkhurst Apartments Residence Halls Student Union Hospital Related Activities Campus Equipment TOTAL EQUIPMENT

$ 5,021.39 $ 1,528.95
16,028.77 140,921.76
48,368.17 11.643.94 201,234.98 23.799.94 10,766.54
7,265.52 4-522.10

TOTAL INVESTMENT IN PLANT

$

$

445.50 185.00

3,590.55

269.50

$186.376.33 $

End Of

Is.

Year

$

5,021.39

1,528.95

16,028.77

141,367.26

48,553.17

11,643.94

201,234.98

27,390.49

10,766.54

7,265.52

4,522.10

61 $ 1.299.178.69

$ 5.098.612.16

255

GEORGIA

TEACHERS COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1955

Georgia Teachers College Collegeboro, Georgia
257

GEORGIA TEACHERS COLLEGE

BALANCE SHEET JUNE 30, 1955

ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Accounts Receivable
Veterans Administration Students Bulloch County TOTAL GENERAL FUNDS

$ 29,237.43

$ 976.08 830.00
9.693.23

11.499.31 $ 40,736.74

B. AUXILIARY Cash in Bank Temporary Investments TOTAL AUXILIARY FUNDS

$ 52,086.68
100. 000.00

152.086.68

TOTAL CURRENT FUNDS

192,823.42

II. AGENCY FUNDS Cash in Bank

18,026.15

III. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 17,263.71

B. EXPENDED Lands Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED

$ 48,899.00 1,822,700.49 32,586.30 517.861.30

2.422.047.09

TOTAL PLANT FUNDS

2.439.310.80

TOTAL ASSETS

$2.650.160,37

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $3,093,300.

258

GEORGIA TEACHERS COLLEGE
BALANCE SHEET JUNE 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchasing Orders Outstanding
Accounts Payable Unearned Income Surplus
TOTAL GENERAL FUNDS

$ 1,339.56 2,072.28
20,302.98 17.021.92
$ 40,736.74

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Surplus TOTAL AUXILIARY
TOTAL CURRENT FUNDS

$ 1,330.58 1,641.00
28,747.62 120.367.48

152.086.68 $ 192,823.42

II. AGENCY Fund Balance
III. PLANT FUNDS A. UNEXPENDED Fund Balance

18,026.15 $ 17,263.71

B. EXPENDED Equity of Univ. System Bldg. Auth. Net Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
total liabilities, surplus and fund balances

$ 849.Q48.46 1.572.998.63

2.422.047.09

2.439.310.80

$2.650.160.37

259

GEORGIA TEACHERS COLLEGE

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Fees Sunnier School Other Fees TOTAL STUDENT FEES

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

OTHER SOURCES Property Rentals General Extension TOTAL OTHER SOURCES

PUBLIC APPROPRIATIONS State of Georgia Bulloch County TOTAL PUBLIC APPROPRIATION

TOTAL EDUCATIONAL AND GENERAL INCOME

B. AUXILIARY ENTERPRISES BOOKSTORE

DORMITORIES Cone Hall East Hall Lewis Hall Sanford Auxiliary Housing West Hall TOTAL DORMITORIES

DINING HALL

FARM

OTHER INCOME

TOTAL AUXILIARY INCOME

TOTAL CURRENT INCOME

$ 80,516.74 4,403.94 6,526.50
34,059.88 5.543.27
$131.050.33

$

300.00

1 200 00

$ l!5Qo!oO

$300,000.00 45.418.43
$345.418.43
$477.968.76

$ 46.867.82

$12,605.55 11,023.00 8,541.10 12,010.67 6,586.75 10.873.30

$ 61.640.37

$160.419.03

$ 15.427.26

$ 1.625.00

$285.979.48

$763.948.24

260

GEORGIA TEACHERS COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955
Operating Salaries Supplies & Wages ^G-Expense

Equipment.

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
Business Office President's Office Public Relations Registrar's Office General Expense
TOTAL ADMIN. & GENERAL

$ 13,046.64 $ 12,240.84 $ 527.79 $

12,950.82 12,536.00

414.82

3,453.88

2,879.57

539.53

6,411.24

5,824.98

346.01

9/ 541.43

7.50 24.533.93

278.01
34.78 240.25

STUDENT WELFARE Dean of Women Placement Bureau Health Service Counseling G Guidance TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 4,498.29 $ 4,318.46 $

1,577.50

1,500.00

4,501.95

4,130.36

5 5.55.69

5.152.89

179.83 $ 77.50
371.59 402.80

$ 58.590.76 $ 28.372.42 $ 27.216.36 $ 3.001.98 $ 28.205.78 $ 20.959.13 $ 2.204.36 $ 5.042.29

>

INSTRUCTION Dean

Art Biology Chemistry

Commerce Education

English Home Economics Industrial Arts Marvin Pittman School Mathematics

Mus ic Physics Physical Education

Social Science

Speech

Summer School TOTAL INSTRUCTION

$ 7,766.48 $ 6,682.42 $

8^944.41

8,218.46

521.56 $ 562.50

293.25

432.70

9,437.77

8,260.42

1,015.00

162.35

6^542.82

5,148.04

965.15

429.63

9,645.95 32904.88

9,045.00 32,489.08

274.03 353.92

326.92 61.88

18,328.79 18,054.52

138.84

135.43

18^571.87 16,707.04

1,270.59

594.24

17j102.97 14,288.94

1,112.61 1,701.38

73i142.27 69,239.09

3,194.65

708.53

6,272.11

6,167.18

104.93

21/051.29 18,670.17

2,027.19

353.93

5,730.06

4,927.50

510.29

292.27

21^472.07 17,406.51

1,479.76 2,585.80

20,362.99 20,129.76

233.23

3,942.81

3,845.%

%.85

35.474.76 33.957.20

1.517.56

$316.694.30 $293.237.33 $ 15.109.41 $ 8.347.56

TOTAL EDUCATION AND GENERAL EXP.

$480.028.28 $391.159.48 $ 71.923.93 $16.944.87

TRANSFER TO: Plant Funds

$ 1.300.00

t

TOTAL EDUC. GENERAL DISBURSEMENTS

$481.328.28

261 $

GEORGIA TEACHERS COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Cone Hall East Hall Lewis Hall Sanford Hall West Hall Auxiliary Housing TOTAL DORMITORIES
DINING HALL
FARM
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds - Regular Account Plant Funds - For Replacement Reserve
TOTAL CURRENT EXPENDITURES

Total

Salaries & Waqes

Operating Supplies & Expense

EauiDment

$ 47.566.20 $ 4.176.97 $ 42.814.95 $ 574.28

$ 14,756.12 10,586.42 7,878.09 17,923.17 4,638.91 10.330.28
$ 66.112.99

$ 8,300.31 6,051.95 5,234.62 8,669.93 5,986.25 2.399.39
$ 36.642.45

$ 6,132.50 4,239.71 2,446.66 6,250.08 4,147.22 2.151.81
$ 25.367.98

$ 323.31 294.76 196.81
3,003.16 196.81 87.71
$ 4.102.56

$123.102.30 $ 29.227.04 $ 93.009.26 $ 866.00

$ 7.534.75 $ 4.591.57 $ 2.791.97 $ 151.21

$244,316.24 $ 74.638.03 $163.984.16 $ 5.694.05

11,741.88 13.958.45 $270.016.57 $724.344.52

$465.797.51

$235.908.09

$22.638.92

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
PLANT FUNDS AGENCY FUNDS
TOTALS
Student Activities

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance

For Year

June 30. 1955

$ 32,596.95 36.123.77
$ 68,720.72
$ 2.571.30
$ 15.274.40
$ 86.566.42

$477,968.76 $481,328.28 285.979.48 270.016.57
$763.948.24 $751.344.85
$ 27.000.33 $ 12.307.92
$ 61.767.19 $ 59.015.44
$852.715.76 $822.668.21

$ 29,237.43 52.086.68
$ 81.324.11
$ 17.263.71
$ 18.026.15
$116.613.97

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Cash Balance Receipts July 1. 1954 For Year

Disbursements Cash Balance For Year June 30. 1955

$ 1,851.36 262

$ 17,927.94 $ 17,563.37 $ 2,215.93

GEORGIA TEACHERS COLLEGE

STATEMENT OF AGENCY FUNDS (CONTINUED)

uh

j^ e.ipts

Ui^ ui sv:::ts a s 55. W

Student Bank Application Deposits
TOTAL

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Library Administration Building
Campus Biology Building Chemistry Building Elementary Building East Hall Lewis Hall Sanford Hall West Hall Health Cottage Nursery School President's Home President's Home Furniture Home Management House Water Lines General Plant Funds
Elect. Service New Gym Elect. Service New Master
Feed Bank Replacement Reserve
TOTAL

R . Dts

n ichnrspmpnts

.T..-e 3 0 . 1955

$ 6,578.22 $ (->1,717.37 (-1465.69 (-1265.00 (-1362.50 52.69 394.66 (-115.00 1,274.14 844.76 272.00 (-13,789.67 (-1770.21 2,615.09 (-1157.90 (-12,081.92 165.00

$
500.00 300.00 3,552.36 5,889.52
1,300.00

1,500.00

$ 6 , 000.00 $
300.71 (-12,117.37 (-1465.69 (-1565.00 (-1362.50 52.69
260.48 (-1165.00
1.275.50 518.39

(-1237.31

5,057.17 2,615.09

(-1157.90

37.07 (-12,146.92 165.00

1.042.51

1,201.00

578.22 99.29
300.00
134.18 150.00 (-11.36 826.37 572.00
62.14
27.93
257.49
299.00 13.958.45

2 571.30 $ 27.000.33 $ 12,307.92..

17.263.71

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955
BALANCE JULY 1, 1954
TRANSFERS: From Educational and General Funds From Auxiliary Funds From Auxiliary Funds for Replacement Reserve
TOTAL FUNDS AVAILABLE

$ 2,571.30
$ 1,300.00 11,741.88 13.958.45 27,000.33 $29,571.63

263

GEORGIA TEACHERS COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS(CONTINUED)
DEDUCTIONS: BUILDINGS President's Home
REPAIRS Administration Building East Hall Sanford Hall West Hall
TOTAL REPAIRS
EQUIPMENT President's Home Furnishings
IMPROVEMENTS OTHER THAN BUILDINGS Electrical Distribution System Renovation Additions ,to Water Lines
TOTAL DEDUCTIONS
BALANCE JUNE 30, 1955

^ 5 057
300.71 260.48 1,275.50 518.39 $ 2,355.08
$ 2,615.09
$ 2 243.51 ' 37 q7
$ 2,280.58 $12.307.92
$17.263.71

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

VALUE OF PLANT, JULY 1, 1954

$2,225,736.44

ADDITIONS DURING YEAR
Expended from Plant Funds Expended from Educational & General and
Included in Current Expenditures Expended from Auxiliary and Included in
Current Expenditures Buildings and Contents Constructed by
University System Building Authority

$ 12,307.92 16,944.87 5,694.05
174,905.10

TOTAL ADDITIONS DURING YEAR

209.851.94

VALUE OF PLANT JULY 1,1954 PLUS ADDITIONS
DEDUCTIONS DURING YEAR Farm Disposed Of

$2,435,588.38 13.541.29

TOTAL INVESTMENT IN PLANT JUNE 30, 1955 Deduct: Equity of University System Building Authority
NET INVESTMENT IN PLANT

$2,422,047.09 849.048.46
$1.572.998.63

264

GEORGIA TEACHERS COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment
Year Beginning cuired Of Year______ Additions

Investment Deductions End of Year

A. LAND Campus Off-Campus TOTAL LAND

1907 1907

29.774.00 $ 19.125.00 $ 48.899.00 $

B. BUILDINGS Administration Marvin Pittman School

1907 $ 165,737.23

1937-53

408,447.80

300.71 531.00

Business-Music Bldg.

1932-53

37,176.17

New Science Hall

1947

15,926.28

Old Science Hall

1936

12,179.73

Library East Hall

1937 1907

42,361.03 66,617.36

260.48

Lewis Hall Sanford Hall West Hall

1937 1937 1907

63,289.06 84,362.20 61,310.97

1,275.50 518.39

Cone Hall Anderson Hall-Dining Hall

1954 1932

351,857.57 30,000.00

Gymnas ium

1932

46,725.13

Industrial Arts

1948

36,022.50

Health Cottage

1936

5,536.02

Store-Post Office

1936

2,000.00

Warehouse

1935

2,000.00

Home Management (Mulberry)

1934

13,557.90

Old President Home

1935

6,000.00

Sycamore Cottage

1938

5,000.00

Paige House Pecan Cottage

1939 1935

5,000.00 4,000.00

Physical Education (USBA) I er Constr.

67,8%.%

The Oaks Veteran Apt. A

1935 1947

3,500.00 5,000.00

Veteran Apt. C

1947

5,000.00

Yellow Cottage

1925

4,500.00

Watchman's Cottage

1938

3,500.00

Farm House

1934

4,500.00

Cooks House

1935

500.00

Burden Shanty

1935

500.00

Johnson Shanty

1935

300.00

Johnson Farm House

1944

3,000.00

Johnson Feed Barn

1944

750.00

Farm House No. 1

1935

500.00

Farm House No. 2

1935

300.00

Pump House

1938

300.00

Reel House President's Home

1938 1954

200.00 44,770.21

5,057.17

Nursery School

1953

30.259.02 $1.640.383.14 $182.317.35 $

TOTAL BUILDINGS

29.774.00 19.125.00 48.899.00
> 166,037.94 408,978.80 37,176.17 15,926.28 12,179.73 42,361.03 66,877.84 63.289.06 85,637.70 61,829.36 351,857.57 30,000.00 46,725.13 36,022.50 5.536.02 2 ,000.00 2 ,000.00 13,557.90 6 ,000.00
5 ,0 0 0 .0 0
5 ,000.00 4.000. 00 242.271.06 3.500.00 5.000. 00 5.000. 00 4.500.00 3.500.00 4.500.00
300.00 500.00 300.00 3 . 000. 00 750.00 500.00 300.00 300.00 200.00 49,827.38 30.259.02 *1.822.700.49

265

GEORGIA TEACHERS COLLEGE

STATEMENT OF INVESTMENT IN P U N T (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Investment Deductions End of Year

C. IMPROVEMENTS OTHER THAN BUILDINGS Swimming Pool Deep Well (Water System) Stadium Landscaping Plans New Gym TOTAL IMPROVEMENTS

1930-53 1938 1950

EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments M. S. Pittman School (USBA) Dormitories Dormitories (USBA) Dining Hall Farm Presidents Home Store TOTAL EQUIPMENT

TOTAL INVESTMENT

$ 14,647.59 $ 12,081.92 2,803.76 2,955.% 60.00
$ 32.549.23 $

$ 37.07
37.07 $

$ 14,647.59 12,118.99 2,803.76 2,955.96 60.00
$ 32.586.30

$ 15,990.94 $ 553.04 $

83,545.38

5,245.49

$ 16,543.98 88,790.87

89,557.26

5,042.29

94,599.55

139,706.69

8,347.56

148,054.25

18,891.53

18,891.53

66,386.30

4,102.56

70,488.86

28,652.34

28,652.34

31,393.56

866.00

32,259.56

15,991.29

151.21 13,541.29

2,601.21

1,884.91

2,615.09

4,500.00

11.904.87

574.28

12.479.15

$ 503.905.07 _$_27.497.52 $13.541.29 $ 517.861.30

$2.225.736.44 $209.851.94 $13.541.29 $2.422.047.09

STATEMENT OF FARM CLOSE-OUT As of June 30, 1955
Value of Farm Equipment July 1, 1954 Equipment Added During Year TOTAL VALUE
DEDUCT: Sale of Animals Sale of Wood Sale of Equipment TOTAL SALES
Depreciated Valne of Farm Equipment and Livestock To be Written Off From Records
TOTAL DEDUCTIONS
VALUE OF PROPERTY TO BE TRANSFERRED TO PHYSICAL PLANT DURING 1955 BUDGET YEAR

$15,991.29 151.21 $16,142.50

$5,216.94 2,774.79 215.00

$ 8,206.73

5.334.56 13.541.29

$ 2.601.21

266

VALDOSTA STATE COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1955

Valdosta State College Valdosta, Georgia



267

VALDOSTA STATE COLLEGE
BALANCE SHEET JUNE 30, 1955

I. CURRENT FUNDS A. GENERAL Cash in Bank & on Hand Accounts Receivable Veterans Administration TOTAL GENERAL FUNDS

B. AUXILIARY Cash in Bank & on Hand Accounts Receivable, Veterans Stores (Inventory) TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

ENDOWMENT FUNDS Cash in Bank Notes Receivable Investments
U. S. Bonds Common Stocks
TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments - U. S. Bonds TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

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

TOTAL ASSETS

ASSETS

$ 31,112.23
_______191.60 $ 31,303.63

$ 14,964.39 43.86
5.717.82

20.726.07 $ 52,029.90

7,916.50

$ 2,395.61 450.00

$ 7,310.00 1.943.04

9.253.04

12,098.65

$ 6,139.87 2,392.00 1,017.50

9,549.37

$ 5,628.51

$ 257,500.00 1,911,847.40 71,500.00 340.475.40

2.581.322.80

2.586.951.31

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $2,495,200.

268

VALDOSTA STATE COLLEGE
BALANCE SHEET JUNE 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS

$ 5,594.66 6,924.30 18.784.87 $ 31,303.83

B. AUXILIARY Accounts Payable Reserve for Stores Unearned Income Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$

404.03

5,717.82

1,297.00

13.307.22

20.726.07 $ 52,029.90

III AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

7,916.50 12,098.65

IV. STUDENT LOAN FUNDS Fund Balance
V. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority Net Investment in Plant
TOTAL EXPENDED TOTAL PLANT FUNDS
TOTAL LIABILITIES

9,549.37
$ 5,628.51
$ 524,739.98 2.056.582.82 2.581.322.80 2.586.951.31 $2.668.545.73

t*

4

269

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Service Summer School Other Student Fees TOTAL STUDENT FEES

VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

PUBLIC APPROPRIATIONS State of Georgia Plus Amount Payable at Beginning of Year
OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES DINING HALL

DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES

BOOKSTORE LAUNDRY

TOTAL AUXILIARY ENTERPRISES INCOME

TOTAL CURRENT INCOME

$ 52,262.18 3,160.20 4,660.00 10,902.80 3.590.10

$ 74,575.28

$195,000.00 12.146.22 207,146.22
750.00
$282,471.50

61,939.17

$ 6,101.00 9,605.25 6.398.50

22,104.75

14,973.80

4.552.75

$103,570.47

$386,041.97

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Total

Object Classification

Operating

Salaries Supplies

& Waqes

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL President's Office Comptroller's Office Registrar's Office Publicity Department General Expenses TOTAL ADMIN. AND GENERAL

$ 14,935.77 18,294.36 7,371.50 5,310.15 7.271.55
$ 53.183.33

$ 14,015.00 13,439.17 6,600.00 3,683.00 146.40
$ 37.883.57

$ 778.71 882.48 463.56
1,081.93 7.125.15 $ 10.331.83

$ 142.06 3,972.71 307.94 545.22
$ 4.967.93

270

VALDOSTA STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)
Total

Object Classification________

Operating

Salaries

Supplies

& Waaes

& Exense Eauipment

A. EDUCATIONAL AND GENERAL (CONTINUED) STUDENT WELFARE Dean of Men Dean of Women Student Hospital TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 200.00 $ 200.00 $

3,496.60

3,146.80

5.226.46

4.658.50

$ 8.923.06 $ 8.005.30 $

$ 349.80 351.42
701.22 JL

216.54 216.54

$ 56.497.19 $ 22.118.26 $ 31. 370.49 J L 3.008.44

$ 12.663.42 $ 8.227.85 $

59.60 JL 4.375.97

INSTRUCTION Academic Dean Art Biology Chemistry Education English Home Economics Mathematics & Physics Modern Foreign Languages Music Physical Education Secretarial Science Sociology & History Speech Summer School TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPENDITURES

$ 300.00 $ 300.00 $

5,640.82

5,248.70

$ 392.12

9,687.22 7,248.05

8,784.50 5,435.00

782.92 371.46

119.80 1,441.59

12,693.96 10,440.55
2,137.12

12,013.00 9,800.00 1,676.60

595.46 78.05
204.28

85.50 562.50 256.24

11,019.50

9,937.00

114.84

967.66

5,106.69 10,646.30 13,694.43

5,100.00 9,382.% 11,975.59

6.69 414.87 974.78

848.47 744.06

8,822.42

5,443.10

343.50

3,035.82

18,712.08 18,047.90

66.52

597.66

4,384.90

4,375.00

9.90

10.535.00 10.535.00

S131.069.04 $118,054.35 $ A .355.39 _ L 8.659.30

$262,336.04 $194,289.33 $ 46.818.53 $ 21.228.18

B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES
BOOKSTORE
DINING HALL
LAUNDRY
SOCIAL SECURITY
TOTAL CURRENT AUXILIARY

$ 8,710.28 9,794.35 5.431.41
$ 23.936.04

$ 4,527. 73 5, 252. 55 2.380. 62
$ 12. 160. 90

$ 4, 039.55 $ 4, 480.30 2. 578.11
$ 11.,097.% J L

143.00 61.50
472.68 677.18

$ 14.545.49 $ 328.,20 $ 14..217.29 $ $ 53.429.31 $ 18,,788.,78 $ 34,,160.44

480.09

$ 2.453.95 $ 115,,50 $ 2,.338.45

$ 370.68 $ 370..68 $

$

$ 94.735.47 $ 31 ,764,.06 $ 61 .814.14 $ 1.157.27

271

VALDOSTA STATE COLLEGE

STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Operating

Salaries Supplies

& Waqes

& Expense Equipment

AUXILIARY ENTERPRISES (CONTINUED) TRANSFER TO:
Plant Funds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

$ 4.900.00 $ 99.635.47 $357,071.51 $226,053.39 $108,632.67 $22,385.45

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955
BALANCE OF PRINCIPAL, JULY 1, 1954 ADDITIONS:
Income on Investments and Interest Gift to Dewberry Fund DEDUCTIONS: Expended for Object of Trust BALANCE OF PRINCIPAL, JUNE 30, 1955
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1955

Endowment Funds

Loan Funds

$11,772.15 $9,287.25

$ 326.50 $ 12.12 500.00
326.50 $ 512.12
$ 250.00
$12,098.65 $9,549.37

ENDOWMENT FUNDS Chapel Fund Claude Davis Ingram S. M. A. Hutchinson Memorial TOTAL ENDOWMENT FUNDS
LOAN FUNDS Senior Honor Society War Bond Scholarship September 14th Fund Kate Bentley Girl's Fund Archie Griffin U. D. C. (Brooks County) Class of 1922

Balance Beginning
Of Year

Additions Deductions

Balance End
Of Year

$ 2,059.36 $

$

7,373.79

153.25

2.339.00

173.25

$11,772.15 J L 326.50 _3________

$ 2,059.36 7,527.04 2.512.25
$12,098.65

$ 1,392.83 $ 3,525.85 2,297.57 72.60 150.04 240.00 500.00 118.36

$ 250.00 $ 1,142.83

1.60

3,527.45

10.52

2,308.09

72.60

150.04

240.00

500.00

118.36

272

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

LOAN FUNDS (CONTINUED) Louise Sawyer Anne Singletary Jewel Whitehead K. F. Lumpkin W. R. Dewberry TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Balance Beginning
Of Year

Additions Deductions

Balance End
Of Year

$ 75.00 $

$

$ 75.00

15.00

15.00

500.00

500.00

100.00

100.00

300.00

500.,00

800.00

S 9.287.25 $ 512.,12 $ 250.00 S 9.549.37

S21.059.40 $ 838..62 $ 250.00 S21.648.02

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30t 1955

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 - 66 shares, no par value

CHAPEL FUND UNITED STATES SAVINGS BONDS, Series F C 1309140 F C 1309141 F C 1309142 F C 1309143 F C 1309144 F D 383863 F D 383862 F TOTAL U. S. SAVINGS BOND, Series F

TOTAL ENDOWMENT FUND INVESTMENTS

LOAN FUNDS GOVERNMENT BONDS U. S.Treasury, U. S.Treasury, U. S.Treasury, U. S.Treasury,

Series F Series F Series F Series F

U. S.Treasury, Series F

Rate of Date of Interest Maturity

Book Value

2.75 2.75 2.5 2.5 2.5

9-15-59 12-15-65
8-1-53 8-1-62 11-1-62

$ 1,800.00 1,500.00 400.00 1,500.00 1.000.00
S 6.200.00

$ 1.943.04

2.53 2.53 2.53 2.53 2.53 2.53 2.53

Jan. 1957 Jan. 1957 Jan. 1957 Jan. 1957 Jan. 1957 Jan. 1957 Jan. 1957

$ 74.00 74.00 74.00 74.00 74.00
370.00 370.00 $ 1.110,00

$ 9.253.04

2.53 2.53 2.53 2.53 2.53

3-1-55 5-1-55 10-1-55 11-1-55 1-1-56

$ 55.50 74.00
148.00 2 % . 00
74.00

273

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND INVESTMENTS (CONTINUED)

LOAN FUNDS (CONTINUED) GOVERNMENT BONDS (CONTINUED) 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 Date of Interest Maturity

Book Value

2. 53 2. 53 2. 53 2. 53

2-1-56 4-1-56 3-1-57 10-1-57

$ 74.00 148.00 74.00 74.00
$ 1.017.50
$10,270.54

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance July 1. 1954

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1955

$ 10,976.77 $282,471.50 $ 262,336.04 $

11.029.39 103.570.47

99.635.47

22.006.16 $386,041.97 JL 361.971.51 A

$ 5.941.17 $ 97.198.70 Jt 95.222.27 A

i _ 3.089.55 $ 4.900.00 _ L 2.361.04 $

31,112.23 14.964.39 46.076.62
7.917.60
5.628.51

$ 2,354.11 $ 702.50 $

5.341.75

1.631.12

i - 7.695.86 $ 2.333.62 JL

661.00 $ 833.00
1.494.00 JL

2,395.61 6.139.87 8.535.48

$ 38.732.74 $490,474.29 $ 461.048.82 $ 68.158.21

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1955

Student Acitivities Student Bank
TOTALS

Cash Balance July 1. 1954

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1955

$ 4,490.91 $ 77,132.78 $ 75,?97.91 $

1.450.26 20.065.92

19.924.36

6,325.78 1.591.82

$ 5.941.17 $ 97.198.70 $ 95.222.27 $ 7.917.60

274

VALDOSTA STATE COLLEGE

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30t 1955
Funds For Plant Replacement Additions Reserve

Total

BALANCE JULY 1, 1954

$3.089,55 $___________ $3.089.55

ADDITIONS: Transfer from Auxiliary
TOTAL ADDITIONS

$

$ 4.900.00 $4,900.00

i_

$ 4.900.00 $4,900.00

DEDUCTIONS: Jere Pound Hall, North Campus (Not Capitalized) TOTAL DEDUCTIONS
BALANCE JUNE 30, 1955

$2,361.04 $

$2,361.04

$2,361.04 $

$2,361.04

$ 728.51

4.900.00 $5.628.51

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

INVESTMENT IN PLANT, JULY 1, 1954

$2,221,558.72

ADDITIONS DURING YEAR: Expended from Educational and General and Included in Current Operations Building & Contents Constructed by Univ. System Bldg. Authority Expended from Auxiliary and Included in Current Expenditures TOTAL ADDITIONS

$ 21,228.18 337,378.63
1.157.27

---359,764.08

VALUE OF PLANT JUNE 30, 1955

$2,581,322.80

DEDUCT: Equity of University System Building Authority
INVESTMENT IN PLANT JUNE 30, 1955

524.739.98 $2.056.582.82

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment Beginning
Of Year

Additions

Deductions

Investment End of
--I

A. LAND Main Campus, 60 Acres North Campus, 43 Acres TOTAL LAND

$ 150,000.00 $ 107.500.00
i. 257.500.00 _________

$

$ 150,000.00

107.000.00

_________ $ 257.000.0

C

275

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS

Main Campus

Library West Hall

$ 60,000.00 $

$

176,338.33

Gymnasium

5,000.00

Kitchen Annex

9,217.70

Converse Hall

153,958.66

Ashley

108,400.00

Senior Hall

61,300.00

Bath House

23,000.00

Log Cabin

8,000.00

Boiler House

20,000.00

President's Home

40,499.55

Garages and Workshops

1,150.00

Dining Hall (Building Authority)

9,676.53 254,283.71

Physical Education (Buildina Authority) 234.020.59 73.576.74

TOTAL MAIN CAMPUS

$ 910.561.36 $327,860.45 $

North Campus Jere M. Pound Hall David Barrow Hall Old Brick Dormitory Swamp-Inn Swimming Pool Gymnasium TOTAL NORTH CAMPUS
TOTAL BUILDINGS

$ 375,150.59 $

$

151,275.00

100,000.00

10,000.00

25,000.00

12.000.00

$ 673.425.59 $

$

$1,583,986.95 $327,860.45 $

IMPROVEMENTS OTHER THANBUILDINGS

Street and Walks Heating System

$ 15,000.00 $

$

20,000.00

Camelia Trail

12,000.00

Amphitheatre

3,000.00

Landscaping

1,500.00

Swimming Pool

20.000.00

TOTAL IMPROVEMENTS OTHER THAN BLDGS. $ 71.500.00 $

$

EQUIPMENT Main Campus
Administrative Offices Physical Plant Library Instructional Student Activities Dormitories Dining Hall & Kitchen Heating

$ 12,674.99 $ 4,967.93 $

24,659.78

3,008.44

88,912.73

4,375.97

25,630.29

5,401.58

3,147.10

48,124.22

893.72

19,072.21

480.09

21,400.00

$ 60,000.00 176,338.33 5,000.00 9,217.70 153,958.66 108,400.00 61,300.00 23,000.00 8,000.00 20,000.00 40,499.55 1,150.00 263,960.24 307.597.33
$1 .238.421.81
$ 375,150.59 151,275.00 100,000.00 10,000.00 25,000.00 12.000.00
$ 673.425.59
$1,911,847.40
$ 15,000.00 20,000.00 12,000.00 3,000.00 1,500.00 20.000.00
$ 71.500.00
$ 17,642.92 27,668.22 93,288.70 31,031.87 3,147.10 49,017.94 19,552.30 21,400.00

276

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Main Campus (Continued) Physical Education (Bldg. Auth.) North Campus Administrative General Equipment Gymnasium Swimming Pool Instructional Kitchen and Dining Hall Old Dormitory Swamp Inn David Barrow Hall TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment
Beginning Of Year

Additions

Deductions

Investment
End Year

$ 9,518.18 $

1.705.00

3.537.00

125.00

200.00 43,502.45

3,257.72

6.293.00

1.429.00

401.00

7.758.00

$ 308.571,77 $ 31.903.63 $

$2.221,558.72 $359.764.08 $

$ 9,518.18
1.705.00 3.537.00
125.00 200.00 46,760.17 6.293.00 1.429.00 401.00 7.758.00 $ 340.475.40
$2.581,322.80

GEORGIA

SOUTHWESTERN FINANCIAL REPORT

COLLEGE

For the Year Ended June 30, 1955

Georgia Southwestern College Americus, Georgia
279

GEORGIA SOUTHWESTERN COLLEGE
BALANCE SHEET JUNE 30, 1955
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS

$ 4,400.83 638.17 $ 5,039.00

B. AUXILIARY ENTERPRISES Cash in Bank Accounts Receivable Dining Hall Inventory Campus Store Inventory TOTAL AUXILIARY ENTERPRISE FUNDS

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

12,279.97 3,145.02 2,675.73 6.673.87

24,774.59 $ 29,813.59

5,260.83

149.54 31,500.00 29.692.94

61,342.48

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

9,157.57

B. EXPENDED Land Building Improvement Other Than Building Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

5,580.00 760,349.34
57,521.67 147.426.69

970,877.70

980.036.27

$1.076.453.17

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,163,700.

280

GEORGIA SOUTHWESTERN COLLEGE

BALANCE SHEET JUNE 30, 1955

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Reserve for Purchase Orders Outstanding Unearned Income - Summer School Unappropriated Surplus TOTAL GENERAL FUNDS

$ 267.02 16.95
985.45 3.769.58
$ 5,039.00

B. AUXILIARY Accounts Payable Reserve for Inventory Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

2,850.20 9,349.60 12.574.79

24.774.59 $ 29,813.59

II. AGENCY FUNDS Fund Balance

5,260.83

III. STUDENT LOAN FUNDS Fund Balance

61,342.48

IV. PLANT FUNDS A. UNEXPENDED Fund Balance

9,157.57

B. EXPENDED Equity of University System Building Auth. Net Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

296,302.89 674.575.81

970.878.70

980.036.27

$1.076.453.17

281

GEORGIA SOUTHWESTERN COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Miscellaneous Student Fees TOTAL STUDENT FEES

$ 800.00 29,484.03 2,922.20 1,714.95 968.00

$ 35,889.18

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Balance from 1953-54 TOTAL PUBLIC APPROPRIATIONS

$92,000.00 7.341.29

99.341.29

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$135.230.47

B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Wheatley Hall Terrell Hall Collum Hall TOTAL DORMITORIES

1,921.52 7,565.26 2,128.49 4,642.69 9.664.02

25,921.98

CAMPUS STORE

19,882.01

DINING HALL

73,995.42

APARTMENTS

1,555.67

COLLEGE FARM TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

150.00 $121.505.08 $256.735.55

282

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

Total

Salaries and
Waqes

Operating Supplies & Expense

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Pres ident*s Office Comptroller's Office General Administrative Record's Office TOTAL ADMINISTRATIVE AND GENERAL
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Summer School Business Education General Education Natural Science TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENSES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS

$ 10,504.42 6,981.60 7,949.47 6.367.42
$ 31.802.91

$ 9,659.88 6,599.25 1,253.00 5.780.75
$ 23.292.88

$ 844.54 $ 382.35
6,696.47 586.67
$ 8.510.03 _1_______

$ 1.756.99 $ 1.638.32 $ 118.67 $

$ 22.675.59 $ 10.951.98 $11.244.17 $ 479.44

$ 6.102.49 $ 4.569.00 $ 63.94 $1.469.55

$ 1,426.67 9,421.92
40,075.92 14.752.87 $ 65.677.38

$ 1,426.67 8,800.00
38,067.00 13.799.75 $ 62.093.42

$ 621.92 1,704.42 953.12
$ 3.279.46

$ 304.50
$ 304.50

$128,015.36 $102.545.60 $23.216.27 $2.253.49

4.400.00 $132.415.36

B. AUXILIARY ENTERPRISES Auxiliary Surplus Dormitories Morgan Hall Sanford Hall Wheatley Hall Terrell Hall Collum Hall TOTAL DORMITORIES
Dining Hall Apartments Campus Store
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Board of Regents Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

$ 4.533.07 $

$ 2.633.07 $1.900.00

4,661.50

2,774.67 1,870.85

15.98

9,027.95

5.383.53 3,610.26

34.16

2,186.42

1.106.54 1,079.88

5,047.06

2,476.38 2,480.68

90.00

7.397.47

4.302.92 3.094.55

$ 28.320.40 $ 16.044.04 $12.136.22 $ 140.14

$ 59,884.50 $ 19,606.34 $39,233.21 $1,044.95

2,461.41

1,139.89 1,321.52

20.984.26

2.717.95 18.261.32

4.99

$116,183.64 $ 39.508.22 $73.585.34 $3.090.08

578.10 9.067.74
$125.829.48 $244.199.00 $142.053.82 $96.801.61 $5.343.57
283

GEORGIA SOUTHWESTERN COLLEGE

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS DURING YEAR Income on Investments Interest on Student Loans TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR

$60 123.57

$726.88 492 03
---- 1--

1 218.91

$61.342.48

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1955

U. S. TREASURY BONDS Series G
MUNICIPAL BONDS Woodville, Georgia School District McIntyre, Georgia School District City of Atlanta, Georgia Clayton County, Georgia TOTAL INVESTMENTS
STUDENT LOANS
TOTAL INVESTMENTS
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

Rate of Maturity Interest Date

Book Value

2J%

5-1-61 $28,000.00

5^% 6% 2-1/8% 5%

11-15-55 1-1-57 9-1-57 1-1-56

500.00 1,000.00 1,000.00 1.000.00 $31,500.00

29.692.94

$61.192.94

CURRENT FUNDS Educational and General Auxiliary Enterprises TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
STUDENT LOAN FUNDS
TOTAL

Balance 7-1-54

Receipts For Year

Disbursements Balance

For Year

6-30-55

$ 1,585.72 $135,230.47 $ 132,415.36 $ 4,400.83

16.604.37 121.505.08

125.829.48 12.279.97

$18.190.09 $256.735.55 $ 258.244.84 $16.680.80

$ 3,347.40 $ 16,633.63 $ 14,720.20 $ 5,260.83

$ 118.57 $ 13,467.74 $ 4,428.74 $ 9,157.57

$ 1.788.13 $ 11.182.37 $ 12.820.96 $ 149.54

$23.444.19 $298.019.29 $ 290.214.74 $31.248.74

284

GEORGIA SOUTHWESTERN COLLEGE BANK BALANCES
Bank of Commerce Citizens Bank
TOTAL

$18,497.25 12.751.49
$31.248.74

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Application Deposits Gale Deposits Personal Deposits (Clubs) Student Activities Admission Tax Group Insurance Social Security Sales Tax

Balance Beginning
Of Year

Receipts

Balance End Of Disbursements Year

$2,303.53 $ 3,165.00 $ (-)29.07 1,729.50 946.77 2,164.29 126.17 5,544.44 5.27
2,666.82 878.88 479.43

2,840.52 611.72
2,183.59 5,053.97
5.27 2,666.82
878.88 479.43

$2,628.01 1,088.71 927.47 616.64

$3.347.40 $16.633.63 $ 14.720.20 $5.260.83

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955
BALANCE BEGINNING OF YEAR
ADDITIONS: Transfer from Educational and General Transfer from Auxiliary Enterprise
Total
DEDUCTIONS: Expended for improvements to Bldgs. Administration Building Gymnasium Total Building Improvements Improvements Other Than Buildings - Landscaping Total Deductions
BALANCE END OF YEAR

$ 118.57

$ 4,400.00 9.067.74

13.467.74 $13,586.31

3,098.28 1.256.26 4,354.54
74.20

4.428.74

$ 9.157.57

285

GEORGIA SOUTHWESTERN COLLEGE

SUMMARY OF INVESTMENT IN PLANT As Of June 30, 1955

VALUE OF PLANT, JULY 1, 1954
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 Bldg. Auth.
TOTAL EXPENDITURES FOR ADDITIONS
ADJUSTMENTS Transfer from Student Welfare to Nursing Dept, in Gen. Education Transfer from Adm. Offices to Gen. Educ. Instruction Division Transfer from Dining Hall to Campus Store Transfer from Library to Gen. Educ. - Instruction Div. (Old Library Tables) War SurplusItems of Furniture and Educ. Equipment Charged to Current Expenses. Items Repaired, Reworked and Capitalized at
TOTAL ADDITIONS

$787,543.70
$ 4,428.74 2,253.49 3,090.08
173.971.10 $183,743.41
$ 2,173.37 1,552.21 34.13
150.00
814.91 $188.468.03

VALUE OF PLANT, JULY 1, 1954, PLUS ADDITIONS

$976,011.73

DEDUCTIONS DURING YEAR Transfer from Student Welfare Dept. Transfer from Administrative Offices to Gen. Educ. - Instruction Div. Library Books and Materials Lost or Discarded Old Library Tables Transferred to Gen. Educ. - Instruction Div. Dormitory Furniture Discarded Dining Hall Equipment Worn Out, Broken or Discarded Apartment Furniture Worn Out and Discarded
TOTAL DEDUCTIONS

$ 2,173.37 1,552.21 513.07 150.00 28.51 625.87 90.00

5.133.03

VALUE OF PLANT JUNE 30, 1955

$970,878.70

DEDUCT: Equity of University System Building Authority

296.302.89

NET INVESTMENT IN PLANT

$674.575.81

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

A. LAND
B. BUILDINGS Administration Classroom Building (Building Authority) Shop Gymnasium Duplex Apartments

Investment Beginning
Of Year

Additions

$ 5,580.00 $

Deductions

Investment End Of Year

$

$ 5,580.00

103,712.01
26,171.31 71,213.50
7,000.00

3,098.28 173,660.00
1,256.26

106,810.29 173,660.00
26,171.31 72,469.76
7,000.00

286

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) President's Home Barn Morgan Hall Sanford Hall Terrell Hall Collum Hall (Building Authority) Wheatley Hall Campus Farm House Negro House Fuel House Chapel TOTAL BUILDINGS
C. IMPROVEMENTS Streets, Sidewalks, Landscaping Water and Lights Sewage Disposal System Program, Fire Signal Garbage and Water Disp. Lake Tennis Courts TOTAL IMPROVEMENTS
D. EQUIPMENT Administrative Offices Student Welfare Physical Plant Library Instruction Division Classroom Building (Building Authority) Dormitories Dormitories (Building Authority Food Service Campus Store Apartments TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

Investment Beginning
Of Year Additions

Investment End Of
Deductions Year

$ 12,500.00 2,300.00
37,228.06 75,316.54 37,730.15 152,479.36 49,503.87
3,500.00 380.00 300.00
3.000.00 $582.334.80 $178,014.54 $

! 12,500.00 2.300.00
37,228.06 75,316.54 37,730.15 152,479.36 49,503.87
3.500.00 380.00 300.00
3.000.00 $760.349.34

$ 41,447.26 $

74.20 $

$ 41,521.46

3,061.10

3,061.10

7.500.00

7,500.00

1.500.00

1,500.00

250.00

250.00

573.15

573.15

3.115,96____________________________ 3.115.96

$ 57.447.47 $ 74.20 $__________ $ 57.521.67

$ 9,455.15 2,173.37
28,226.89 26,400.62 29,775.08
11,703.13 15,437.51 14,265.06
2,945.52 1.799.10 $142.181.43

$
2,379.44 1,469.55 4,994.99
310.10 140.14
1,044.95 39.12
$ 10.378.29

$ 1,552.21 2,173.37 663.07
28.51 625.87
90.00 $ 5.133.03

$ 7,902.94
30,606.33 27,207.10 34,770.07
310.10 11,814.76 15,437.51 14,684.14
2,984.64 1.709.10 $147.426.69

$787.543.70 $188.467.03 $ 5.133.03 $970.877.70

287

FINANCIAL REPORT
For the Year Ended June 30, 1955
West Georgia College Carrollton, Georgia

WEST GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1955

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Veterans Administration Students Other TOTAL GENERAL FUNDS

ASSETS
$238.50 199.00 115.33

B. AUXILIARY Cash in Bank Accounts Receivable Students Other Bookstore Inventory TOTAL AUXILIARY FUNDS

284.55 100.50

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash on Hand Cash in Bank TOTAL AGENCY FUNDS

III. PLANT FUNDS A. UNEXPENDED Cash in Bank

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

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 41,530.77

552.83 $ 42,083.60

15,321.30

385.05 2.261.79

17.968.14

1,352.69 5.313.50

60,051.74 6,666.19

9,989.22

27,500.00 951,280.13
98,069.98 243.805.78

1.320.655.89

1.330.645.11

$1.397.363.04

NOTE: Buildings are valued at cost. Based on appraisal made during 1953-54, buildings had a sound value of $1,351,800.

290

WEST GEORGIA COLLEGE
BALANCE SHEET JUNE 30, 1955
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Reserve for Restricted Funds Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Auth. Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$ 2,555.06 866.48
23,054.86 3,610.75 11.996.45 $

42,083.60

4,497.15 2,004.00 2,261.79 9.205.20

17.968.14 $ 60,051.74

6.666.19

6,666.19

9,989.22

410,524.15 910.131.74

1,320.655.89 1.330.645.11
$1.397,363.04

291

WEST GEORGIA COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Fee Health Fee Summer School Other Fees TOTAL STUDENT FEES

$ 1,308.02 32,522.00 3,253.00 4,290.90 1.512.12
$ 42,886.04

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Add: Amount Payable Beginning of Year Vocational Funds TOTAL PUBLIC APPROPRIATIONS

$117,000.00 17.151.76

$134,151.76 1.047.17
$135,198.93

GIFTS AND GRANTS Ford Foundation

$ 21.225.00

TOTAL EDUCATIONAL AND GENERAL INCOME

$199,309.97

B. AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Log Cabin Adamson Aycock Melson Mandeville TOTAL DORMITORIES
FARM
APARTMENTS - RENTALS
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 15,647.37 $ 76,407.12

$ 1,220.18 6.277.64 12,633.29 3,429.03 4.651.65
$ 28,211.79

$ 4,257.00 1 2.867.05

127.390.33

$326.700.30

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

-- Total

Salaries & Waqes

Object Classification Operating Supplies & Expense Eauioment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General

$ 9,253.15 $ 8,559.96 $ 693.19

6,901.53

490.00 6,411.53

292

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)
Total

Obiect Classification

Operating

Salaries Supplies

& Wages

& Expense Eguipment

EDUCATIONAL AND GENERAL (CONTINUED) ADMINISTRATIVE AND GENERAL (CONTINUED)
President's Office Registrar's Office
TOTAL ADMINISTRATIVE AND GENERAL

$ 7,981.18 $ 7,630.06 $ 351.12

2.867.63

2.559.50

308.13

$ 27.003.49 $ 19.239.52 $ 7.763.97 $

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 Political Science Physics Sociology Summer School Teacher Training THTAI. INSTRUCTION

$ 3.043.16 $ 2.687.24 $ 355.92 $ $ 19.031.72 $ 8.581.99 $10,331.28 $ 118.45 $ 6.508.06 $ 4.609.96 $ 1.898.10

$ 2,755.04 3,968.38 7,127.38 7,665.38 3,658.15 906.25 2,134.31 7,250.07 11,030.77 3,588.30 3,484.69 1,072.89 3.708.00 3.665.00 2,259.42 4,104.36 4,147.96 1,474.96 2,755.63 1,450.08 5,700.00 10.425.11
$ 94.332.13

$ 2,496.96 3,600.00 6,771.96 6,799.92 3,256.17 900.00 1,590.00 6,375.21 10,431.00 3,575.00 3,300.00 999.96 3.708.00 3.654.00 1,858.08 3,536.04 3,607.96 1,449.96 2,199.96 1,450.08 5,700.00 9.294.13
$ 86.554.39

$ 258.08 368.38 355.42 317.96 401.98 6.25 425.86 874.86 535.00 13.30 85.69 27.84
11.00 401.34 473.26 540.00
25.00 460.47
1.130.98 $ 6.712.67

$ 547.50 118.45 64.77 99.00 45.09
95.06 95.20
$1,065.07

EXTENSION Vocational Education Adult Education TOTAL EXTENSION

$ 959.08 $

$ 959.08 $

18.550.73

6.571.18 11.713.30

266.25

$ 19.509.81 $ 6.571.18 $12,672.38 $ 266.25

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES $169,428.37 $128,244.28 $39,734.32 $1,449.77

TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

14.430.00 $183.858.37

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Log Cabin Adams on Aycock Mandeville Melson TOTAL DORMITORIES
APARTMENTS
FARM
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds Board of Regents
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES
TOTAL DISBURSMENTS

Total

Object Classification

Operating

Salaries

Supplies

& Wacres

& Expense Eauipment

$ 14.812.18 $ 3.038.52 $ 11.773.66 $ $ 71.711.51 $ 17.278.83 $ 53.327.02 $1,105.66

$ 922.53 $ 484.30 $ 438.23 $

5,358.87

2,683.44

2,675.43

9,946.17

4,806.08

5,140.09

4,972.13

2,342.52

2,629.61

3.921.23

2.009.51

1.911.72

$ 25.120.93 $ 12.325.85 $ 12.795.08 $

$ 4.144.39 $ 1.847.89 $ 2.296.50 $

$ 2.327.33 $ 1.365.46 $ 961.87 $

$118,116.34 $ 35.856.55 $ 81.154.13 $1,105.66

$ 23,997.96 2.364.85
$144,479.15 $287,544.71 $164,100.83 $120,888.45 $2,555.43 $328,337.52

HORRENT FTTNnS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

Balance

Receipts

July 1. 1954 For Year

Disbursements

Balance

For Year

June 30. 1955

$ 26.Q79.17 $199,309.97 $ 183,858.37 $ 41,,530.77

32.410.12 127.390.33 144.479.15

15,.321.30

JL 58.489.29 $326,700.30 $328,337.52

$ 56,.852.07

i_ 5.626.66 $ 53.128.96 $ 51.719.63 $ 7,,035.99

!_ 4.315.26 $ 38.427.96 $ 32.754.00
L 68.431.21 $418,257.22 $412,811.15

$ 9, 989.22 $ 73, 877.28

294

WEST GEORGIA COLLEGE
BANK BALANCES
Peoples Bank - (Agency) Peoples Bank -(Auxiliary) West Georgia National -(Operating) Cash on Hand
TOTAL

$ 5,313.50 15,337.17 51,873.92 1,352.69
$73.877.28

Group Insurance Sales Tax Breakage Deposit Student Activities Student Bank Retirement Collections Withholding Tax Clark Memorial Fund Social Security
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Balance

Receipts

Julv 1. 1954 For Year

Disbursements

Balance

For Year June 30. 1955

$

970.64 $ 4,011.54 $ 4,612.38 $

612.03

612.03

2,711.00 3,093.00

2,104.67

258.53 1,245.64

6,602.28 17,185.72
4,972.53

5,792.81 16,942.50
4,972.53

14,282.90

14,282.90

200.00

210.00

240.85 2.158.96

2.399.81

$ 5.626.66 $53,128.96 $ 51.719.63 f

369.80 3,699.33 1,068.00 1,488.86
410.00 7.035.99

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955
BALANCE BEGINNING OF YEAR
ADDITIONS: Transfer from Auxiliary Funds Transfer from Educational and General Funds TOTAL ADDITIONS
DEDUCTIONS: EXPENDED FOR PLANT ADDITIONS: Buildings and Additions to Buildings Adamson Hall Mandeville Hall Melson Hall Rural Arts Building TOTAL BUILDINGS AND ADDITIONS
IMPROVEMENTS OTHER THAN BUILDINGS Street and Walks Landscaping TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Physical Plant Library Instructional Departments Dormitories

$ 4,315.26
23,997.96 14.430.00 $42.743.22
$ 521.26 2,714.64 4,462.36 9.79
$ 7.708.05
$ 1,260.91 758.77
$ 2.019.68
$ 241.05 320.20
8,650.77 1,467.89

WEST GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
EQUIPMENT (CONTINUED) Dining Hall Bookstore TOTAL EQUIPMENT
TOTAL EXPENDED FOR PLANT ADDITIONS
OTHER DUDUCTIONS: Expenditures not Capitalized Renovations and Repairs
TOTAL DEDUCTIONS
BALANCE END OF YEAR

$ 1,917.17 213.13
$12.810.21 $22.537.94
$10.216.06 $32.754.00 $ 9.989.22

VALUE OF PLANTJULY 1, 1954

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1955

ADDITIONS DURING YEAR:
Expended from Plant Funds Expended from Educational & General Funds & Included in
Current Expenditures
Expended from Auxiliary Funds & Included in Current Expenditures Buildings and Conteftts Constructed by Univ. System Blda. Auth
TOTAL ADDITIONS

VALUE OF PLANT JULY 1, 1954, PLUS ADDITIONS

Equity of University System Building Authority

NET INVESTMENT IN PLANT

$1,182,752.66

$ 22,537.94

1,449.77 1,105.66 112.809.86

137.903.23

$1,320,655.89

410.524.15

$ 910.131.74

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

LAND Campus Off-Campus
TOTAL LAND
BUILDINGS Adamson Hall Administration Aycock Hall (Building Authority) Bookstore
Borders Barracks

Year Acauired

Investment Beginning
Of Year

Additions

1907 1907

$ 4,000.00 $ 23.500.00
$ 27.500.00 $

1907 1907 1952 1944
1944

$ 59,661.10 $ 73,786.60
242,002.21 4,466.00
5,928.47

Investment End of Year
$ 4,000.00 23!500.00
$ 27.500.00
$ 60,182.36 73,786.60
242,002.21 4466.00 5,928.47

296

WEST GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Dining Hall - Auditorium Engineering and Drawing Gunn House Hamm Barracks Log Cabin Dormitory Library Machine Shop Maintenance Shop Mandeville Hall Rogers Apartment MeIson Hall Plant Supervisor's Home President's Home Recreation Center Rural Arts Science Building (Building Authority) Sand Hill Apartment Tenant House Number 1 Tenant House Number 2 Tenant House Number 3 Tenant House Number 4 Tenant House Number 5 Tenant House Number 6 Woodshop Wright Barracks Cow Barn Crib Dairy Barn Mule Barn TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Streets and Walks Lighting System Heating System Athletic Field and Tennis Courts Water System Landscaping TOTAL IMPROVEMENTS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories

Year Acquired

Investment

Investment

Beginning

End of

Of Year Additions_________ Year

1937 1946 1907 1944 1932 1938 1944 1948 1935 1946 1907 1907 1907 1947 1935 1954 1945 1944 1907 1943 1944 1946 1938 1944 1944 1946 1907 1944 1907

$ 79,220.04 $ 6,000.00

521.26 $ 79,220.04 6,000.00

5,275.00

5,275.00

5,928.48

5,928.48

3,100.00

3,100.00

46,384.65

46,384.65

10,000.00

10,000.00

1,200.00

1,200.00

36,986.26

2,714.64

39,700.90

2,058.03

2,058.03

56,997.30

4,462.36

61,459.66

1,275.00

1,275.00

6,000.00

6,000.00

4,930.00

4,930.00

46,228.19

9.79

46,237.98

101,583.16 104,289.78

205,872.94

5,382.85

5,382.85

500.00

500.00

200.00

200.00

1,264.20

1,264.20

500.00

500.00

500.00

500.00

1,051.00

1,051.00

10,000.00

10,000.00

10,673.76

10,673.76

5,000.00

5,000.00

200.00

200.00

3,000.00

3,000.00

2.000.00

2.000.00

$ 839.282.30 $111,997.83 !fc 951.280.13

$ 13,201.16 $ 1,260.91 $ 14,462.07

12,926.77

12,926.77

26,500.00

26,500.00

15,326.14

15,326.14

26,274.99

26,274.99

1.821.24

758.77

2.580.01

96.050.30 $ 2.019.68

98.069.98

$ 6,515.35 $

$ 6,515.35

19,958.90

359.50 ' 20,318.40

45,793.05

320.20

46,113.25

44,249.16

9,982.09

54,231.25

41,619.61

1,467.89

43,087.50

297

WEST GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Dormitories (Building Authority) Science Building (Building Authority) Dining Hall Bookstore Farm Shops TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acouired

Investment Beginning
Of Year

Additions

Investment End of Year

$ 17,309.63
23,212.80 4,284.30
15,081.26 1.896.00
$ 219.920.06
$1,182,752.66

$ 8,520.08 3,022.83 213.13
$ 23.885.72

$ 17.309.63 8,520.08
26.235.63 4,497.43 15,081.26 1.896.00
$ 243.805.78

$137,903.23 $1,320,655.89

298

MIDDLE GEORGIA COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1955
Middle Georgia College Cochran, Georgia 299

MIDDLE GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Stores (Inventories) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Petty Cash Fund 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

$ 1,529.52 396.00 $

1,925.52

$ 4,845.74 185.47
7.503.64 $

12.534.85

14,460.37

$

400.00

2.849.60

$ 3,249.60

$ 5,617.87

$ 18,400.00 850,070.46 25,450.00 283.590.81

$1.177.511.27

TOTAL PLANT FUNDS TOTAL ASSETS

$1.183.129.14 $1.200.839.11

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,377,700.00.

300

MIDDLE GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1955

LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unappropriated Surplus TOTAL GENERAL FUNDS

$ 276.88 1.648.64 $

1,925.52

B. AUXILIARY Accounts Payable Reserve for Stores (Inventories) Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 1,784.00 7,503.64 3.247.21 $

12.534.85 $

14,460.37

II. AGENCY FUNDS Fund Balances TOTAL AGENCY FUNDS

$ 3.249.60 $ 3,249.60

III. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of Univ. System Bldg. Auth. Invested in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$ 5,617.87
$216,315.19 961.196.08 $1.177.511,27 $1.183.129.14 $1.200.839.11

301

MIDDLE GEORGIA COLLEGE

EDUCATIONAL AND GENERAL STUDENT FEES
Non-Resident Tuition Matriculation Health Service Other Student Fees
TOTAL STUDENT FEES

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations TOTAL PUBLIC APPROPRIATIONS

OTHER SOURCES Sale of Timber

TOTAL EDUCATIONAL AND GENERAL INCOME

TRANSFER FROM AUXILIARY FUNDS

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

AUXILIARY ENTERPRISES CAMPUS STORES
DORMITORIES Browning Hall Peacock Hall Faculty Apartments Wiggs Hall Talmadge Hall Veterans Apartment Ebenezer Jackson TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 968.21 26,048.71 2,537.96 1.898.18
$ 31,453.06
$90,000.00 $ 90.000.00
$ 761.40
$122,214.46
1.300.00
$123.514.46

$ 20.127.27

$ 7,990.91 3,941.36 1,471.90 3,428.54 5,975.67 5,132.00 747.00 170.50

$ 28.857.88

$ 61.858.00

$110,843.15

$233.057.61

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

_______________ Object Classification_______

Operating

Salaries

Supplies

Total______ & Wages_____ & Expense Equipment

EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
Comptroller's Office General Expense President's Office Registrar's Office
TOTAL ADMIN. & GENERAL
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION English History Language Music Commerce Physical Education Biology Chemistry Engineering Home Economics Mathematics Physics TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURE
AUXILIARY ENTERPRISES CAMPUS STORES
DORMITORIES Browning Hall Peacock Hall Wiggs Hall Jackson Hall Ebenezer Talmadge Veterans Apartments Faculty Apartments TOTAL DORMITORIES

$ 7,763.15 7,580.78 8,901.50 6.534.85
$ 30.780.28
$ 3.237.00
$ 24.608.93
$ 5.744.53

7,763.15 $

$

171.96 7,408.82

8,901.50

6.534.85
I 23.371.46 $ 7.408.82

$ 2.427.33 $ 809.67 $______ _

$11.900.54 $12.284.58 $__ 423.81

$ 4.418.44 $ 235.17 $ 1.090.92,

$ 6,748.00 $ 6,570.50 $ 177.50 $

4,201.49

4,200.00

1.49

3,346.75

3,300.00

46.75

4,092.25

3,799.92

292.33

7,505.12

6,650.00

351.12

6,374.65

6,082.60

292.05

4,921.33

4,399.92

521.41

4,677.41

3,914.08

763.33

4,698.55

4,599.96

11.44

3,683.50

3,484.47

199.03

4,308.41

4,300.00

8.41

4.010.96

3.919.72

91.24

$ 58.568.42 $ 55.221.17 $ 2.756.10

504.00 87.15
591.15

$122,939.16 $ 97.338.94 $23,494.34 $ 2 .105.88

$ 19.969.51 $ 2.564.23 $17.405.28 $.

$ 6,280.75 $ 3,126.09 $ 3,032.26 $

3,363.10

1,840.81 1,456.59

3,760.55

2,265.32 1,495.23

84.56

84.56

531.60

270.00

261.60

6,260.37

3,554.10 2,706.27

5,185.92

3,301.27 1,564.51

1.341.17

692.04

649.13

$ 26.808.02 $ 15.049.63 $11.250.15 $

122.40 65.70
320.14 508.24

MIDDLE GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES (CONTINUED) DINING HALL
TOTAL AUXILIARY EXPENDITURES
TRANSFERS: To Board of Regents To Plant Funds To General Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Obiect Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

$ 52.551.31 $ 15.205.37 $36.147.45 $1.198.49 $ 99.328.84 $ 32.819.23 $64.802.88 $1.706.73

$

82,97

5,537.75

1.300.00

$106.249.56

$222.268.00 $130.158.17 $88.297.22 $3.812.61

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash Balance July 1. 1954

Receipts Disbursements Cash Balance

For Year

For Year June 30. 1955

$

954.22 $123,514.46 $ 122,939.16 $

252.15 110.843.15 106.249.56

$ 1.206.37 $234.357.61 $ 229.188.72 $

1,529.52 4.845.74 6.375.26

$ 1.687.05 $ 17.366.93 $ 15.804.38 $ 3.249.60

$ 2.531.09 $ 5.537.75 $ 2.450.97 $ 5.617.87

$ 5.424.51 $257.252.29 $ 247.444.07 $ 15.242.73

BANK BALANCES
State Bank of Cochran, Cochran, Georgia Educational and General Account Auxiliary Enterprise Account Plant Funds Special TOTAL
Cook Banking Company, Cochran, Georgia Agency Funds Account Petty Cash TOTAL CASH BALANCES

$ 1,529.52 4,845.74 5.617.87
3_ 11.993.13
$ 2,849.60 400.00
15.242.73

304

MIDDLE GEORGIA COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Student Deposits Student Activities Reserve Deposits Group Life Insurance Social Security Student Clubs
TOTAL AGENCY FUNDS

Balance Beginning
Of Year

Receipts For
Year

Disburse ments
For Year

Balance End
Of Year

$

$ 2,615.38 $ 2,553.70 $ 61.68

14.00 4,516.35 4,044.85

485.50

965.06 2,835.13 2,312.26 1,487.93

404.95 2,099.21 2,083.36

420.80

218.71 1,280.64 1,068.24

431.11

84.33 4.020.22 3.741.97

362.58

$1.687.05 $17.366.93 $15.804.38 $3.249.60

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR

ADDITIONS Transfer from Auxiliary Enterprises
TOTAL

DEDUCTIONS EXPENDED FOR PLANT ADDITIONS Dining Hall-Retiling Floor, Roof Repairs

TOTAL EXPENDED FOR PLANT ADDITIONS

BALANCE, END OF YEAR

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955

VALUE OF PLANT, JULY 1, 1954

ADDITIONS DURING YEAR Expended from Plant Funds
Expended from Educational & General Funds
and Included in Current Expenditures Expended from Auxiliary Enterprises Funds and
Included in Current Expenditures Building Constructed by Univ. System Bldg. Auth. TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1955

LESS: Equity of Univ. System Bldg. Auth.

NET INVESTMENT IN PLANT

$2,531.09
5.537.75 $8.068.84
$2.450.97 $2.450.97 $5.617.87
$1,094,299.75
* 44ou.v< 2,105.88 1TM6*L3 <6,94/..V4 ---$1,177,511.27 216.315.19 $ 961,196.08

305

MIDDLE GEORGIA COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

LAND Campus Off Campus
TOTAL LAND
B. BUILDINGS Talmadge Hall (Bldg. Auth.) Walker Building Sanford Library New Dining Hall Dining Hall Annex (Bldg. Auth.) Browning Dormitory Peacock Dormitory Wiggs Dormitory Ebenezer Jackson Dormitory President's Home Gymnasium Faculty Apartments Science Building Veterans Housing Auto Mechanic Bldg. Stadium Field House Misc. Campus Buildings TOTAL BUILDINGS
C. IMPROVEMENTS Heating System Water System Lighting System TOTAL IMPROVEMENTS
D. EQUIPMENT Administration Offices Physical Plant Library Instructional Dormitories Dormitories (Bldg. Auth.) Dining Hall Campus Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning
Of Year

Additions

Investment End
Of Year

1887 1917

$ 13,200.00 $ 5.200.00
18.400.00 .$

$ 13,200.00 5.200.00
J L 18.400.00

1952 1928 1938 1939 1955 1936 1944 1922 1890 1928 1928 1928 1948 1948 1947 1949 1948 1928

$ 153,371.54 $ 166,219.30

$ 153,371.54 166,219.30

48,708.90

48,708.90

38,658.97 2,450.97

41,109.94

76,947.94

76,947.94

91,386.13

91,386.13

45,770.50

45,770.50

41,602.02

41,602.02

10,000.00

10,000.00

5,894.20

5,894.20

6,500.00

6,500.00

7,500.00

7,500.00

36,000.00

36,000.00

35,336.01

35,336.01

55,000.00

55,000.00

15,673.98

15,673.98

1,250.00

1,250.00

11.800.00

11.800.00

770.671.55 $79.398.91 $ 850.070.46

$ 9.200.00 $ 9.500.00 6.750.00
25.450.00 $

$ 9.200.00 9.500.00 6.750.00
$ 25.450.00

$ 12,055.25 $ 75,620.54

$ 12,055.25

423.81

76,044.35

27,336.29

1,090.92

28,427.21

61,753.50

591.15

62,344.65

54,822.96

508.24

55,331.20

13,355.89

13,355.89

31,479.21

1,198.49

32,677.70

3.354.56

3.354.56

279.778.20 $ 3.812.61 $ 283,590.81

$1.094.299.75 $83.211.52 $1.177.511.27

306

SOUTH

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1955

South Georgia College Douglas, Georgia
307

SOUTH GEORGIA COLLEGE
July 30, 1955
President William S. Smith South Georgia College Douglas, Georgia Dear President Smith:
Attached is the Comptroller's report for South Georgia College for the year ended June 30, 1955. The following statements are included:
Balance Sheet Statement of Current Income Statement of Current Expenditures Statement of Change in Cash Balances Analysis of Cash Balances Statement of Unexpended Plant Fund Summary of Investment in Plant
Respectfully submitted Binford H. Peeples Comptroller
B H P :j c Enclosure
<>
308

SOUTH GEORGIA COLLEGE

COMMENTS

This r e D o r t is assembled on the basis of receipts and disbursements, with the ex-

sfee?; ception of the Balance

which reflects all k,,,n assets and liabilities rnclndrng

both accounts receivable and accounts payable.

Separate accounting records are maintained for each of the various Funds of the institution. Details of the operations of each Fund are given below.

EDUCATIONAL AND GENERAL

INCOME

and

The following the percentage

summary of each

of Educational and General income gives the item to the total for the three year period

source ending

of income June 30, 1955.

1952-1953

______ 1953-1954------

Amount Per Cent

Amount Per Cent

1954-1955

_

Amount Per Cent

STUDENT FEES Non-Resident Tuition Matriculation Health Fees Other Student Fees TOTAL STUDENT FEES

$ 3,705.55 23,271.67 2,316.00 1 380.20
$ 30.673.42

PUBLIC APPROPRIATIONS

State of Georgia - Regular

Operations

$117.987.29

OTHER INCOME TOTALS

Si48.660.71

2.5 15.6
1.6 .9 '
20.6

$ 3,896.98 31,268.50 3,051.60 1.959.34
$ 40.176.42

89.4 100.0

Si00.731.95 $ 540.00 SI 41.448.37

2.7 22.1
2.2 1.4 28.4
71.2
.4 100.0

$ 3,220.00 31,561.50 3,145.40 1.941.10
S 39.868.00

2.17 21.28
2.12 1.31 26.88

S108.154.90 72.92

S 300.00

.20

SI 48.322.90 100.00

s EXPENSE
June 30, 1955.

arasu ;rrs;;,7"r;;u,;rs.sraTM

1952-1953 Amount Per Cent

1953rl954 Amount Per Cent

1954-1955 Amount Per Cent

FUNCTION Administration

$ 33,736.13

Student Welfare Plant Operations Library Instruction Faculty Leave

3,851.88 23,070.37
4,975.23 67,787.80
5,104.00

Transfer to Plant Fund

TOTALS

$138,525.41

24.4
2.8
16.6 3.6
48.9 3.7
100.0

$ 33,076.47 8,543.40 19,651.21 5,057.79 72,937.14 3,265.97
$142,531.98

23.2 6.0 13.8 3.5 51.2 2.3
100.0

$ 28,918.39 5,477.02
24,214.02 5,343.66
72,480.29 583.33
4.248.11 $141,264.82

20.48 3.88 17.11 3.78
51.33 .41
3.01 100.00

309

COMMENTS (Continued)

SOUTH GEORGIA COLLEGE

Function

1952-1953 Per
Amount Student

Administration Student Welfare Physical Plant Library Instruction Faculty Leave

$ 33,736.13 3,851.88
23,070.37 4,975.23
67,787.80

Transfer to Plant Fund

TOTALS

$133,421.41

$130.26 14.87 89.07 19.21
261.73
$515.14

*Based on an enrollment of 349 students.

1953-1954

Per

Amount

Student

$ 33,076.47 5,544.09
19,651.21 5,057.79 72,937.14

$ 95.32 15.98 56.63 14.58
210.19

$136,266.70 $392.70

______ 1954-1955

Amount

Per Student*

$ 28,918.39 5,477.02
24,154.02 5,343.66
72,480.29 583.33
4.248.11 $141,204.82

$ 82.86 15.70 69.21 15.31
207.68 1.67
12.17 $404.60

INCOME

AUXILIARY ENTERPRISES

The each to

following table reflects the the total Auxiliary Income.

comparative

Auxiliary

Income

and

the

percentage

of

Activity
Book Store and Co-op Book Store Co-op Dining Hall Dormitories Farm Housing Project Watchman's Cottage
TOTALS
EXPENSE

1952-1953

Amount

Per Cent

1953- 1954

Amount

Per Cent

1954- 1955

Amount

Per Cent

$ 6,543.28 6,424.44
52,754.13 16,943.48 2,239.98 4,565.35

7.3 7.2 59.0 18.9 2.5 5.1

$89,470.66 100.0

$
9,165.99 7,632.87 68,754.40 21,224.51 2,213.29 8,093.00

7.8 6.5 58.7 18.2 1.9 6.9

$117,084.06 100.0

$ 11,840.42 10.28

69,019.87 26,779.93
2,447.95 4,822.40
240.00 $115,150.57

59.94 23.26
2.12 4.19
.21 100.00

The following table presents a comparison of expenditures for Auxiliary Enterprises tor three year period and the percentage of each activity to the total.

Activity
Book Store and Co-op Book Store Co-op Dining Hall Dormitories Farm Housing Project Watchman's Cottage
TOTALS

1952- 1953

Amount

Per Cent

1953- 1954

Amount

Per Cent

1954- 1955

Amount

Per Cent

$ 6,541.51 5,999.70
47,978.07 11,137.91
1,542.57 6,567.64

8.2 7.5 60.1 14.0 1.9 8.3

$ 79.767.40 100.0

$ 8,021.44 7,817.22
65,749.30 21,714.68
1,205.53 8,234.52

7.1 6.9 58.3 19.3 1.1 7.3

$112,742.69 100.0

$ 13,180.92 10.97

64,685.12 36,140.24
707.60 5,207.50
226.46 $120,147.84

53.84 30.08
.59 4.33
.19 100.00

310

SOUTH GEORGIA COLLEGE

COMMENTS (Continued)

INCOME AND EXPENSE

The following s u mma r y presents the total current operating income and expenses of each activity in Auxiliary Enterprises and the amount of net income or expense from current operations of each activity.

Activity

Net Income or Expense From Current Operation Income______Expense__________ Amount_________

Book Store and Co-op Dining Hall Dormitories Farm Housing Project Watchman's Cottage
TOTALS

$ 11,840.42 69,019.87 26,779.93 2,447.95 4,822.40 240.00
$115.150.57

$ 13,180.92 65,053.95 37,073.16 707.60 5,207.50 226.46
$121.449.59

$ (->1,340.50 3,965.92
(->10,293.23 1,740.35
(->385.10 ________13.54 $ (->6.299.02

PLANT FUND

The following is a schedule of Plant Fund Receipts and Disbursements for the year 1954-1955.

Receipts

V

Amount Per Cent

BALANCE, JULY 1, 1954

$ 2,189.32 14.50

Transfer from Agency Transfer from Educational and General Transfer from Auxiliary Enterprise
Sale of Tanner Hall TOTAL RECEIPTS

1,285.48 4,248.11 6,322.12 1.050.00 $15.095.03

8.52 28.14 41.88
6.96 100.00

Disbursements
Instructional Equipment Landscaping Dormitory Furnishings Re-roofing Davis and Powell Hall Miscellaneous Equipment Fire Safety and Deferred Maintenance Re-roofing Peterson Hall Student Center Equipment
Balance, July 1, 1955 TOTALS

1 1,453.25 710.50 351.00
3,007.60 345.14 317.50
1,848.11 1,159.52
5.902.41 $15.095.03

9.63 4.71 2.33 19.92 2.29 2.10 12.24 7.68
39.10 100.00

AGENCY FUND
This statement of Receipts and Disbursements for Agency Funds is shown in the body of this report.

311

SOUTH GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1955

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Veterans Administration TOTAL GENERAL FUNDS

B. AUXILIARY Cash on Hand and in Bank Store Inventory Book Store and Co-op Dining Hall TOTAL STORES INVENTORY TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUND

II. AGENCY FUND Cash on Hand and in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank Due from Auxiliary Funds

B. EXPENDED Land and Improvements Buildings Equipment Other Improvements TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

ASSETS

$ 15,513.90 _______ 130.00
$

15,643.90

$

619.84

$ 2,661.12 2.506.56

5.167.68

5.787.52

$ 21,431.42

5,221.12

$ 5,902.41 5.757.53 $ 11,659.94

$ 20,734.93 1,030,277.26 183.546.70 133.068.71

1.367.627.60

1.379.287.54

$1.405.940.08

NOTE: Buildings are valued at cost. Based' on an appraisal made during 1953-54, buildings had a sound value of $1,518,400.

312

SOUTH GEORGIA COLLEGE
BALANCE SHEET JUNE 30, 1954
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Due to Unexpended Plant Funds Reserve for Stores (Inventory) Dining Hall Book Store and Co-op Deficit TOTAL AUXILIARY
TOTAL CURRENT FUND
II. AGENCY FUND Fund Balance
III. PLANT FUNDS A. UNEXPENDED
Fund Balance
B. UNEXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUND
TOTAL LIABILITIES

$

95.85

15.548.05

------

$

15,643.90

$ 5,757.53

$ 2,506.56 2.661.12
------

5,167.68 (-)5.137.69 ------

5.787.52

$ 21,431.42

5, 221.12

$ 11,659.94

$ 490,867.65 876.759.95

1.367.627,60 1.379.287,54
SI.405.940.08

313

SOUTH GEORGIA COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

EDUCATIONAL AND GENERAL STUDENT, FEES
Non-Resident Tuition Matriculation Health Fees Other Student Fees
TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Plus: Amount Unpaid at Beginning of Year
OTHER INCOME President's Home
TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES Bookstore and Co-op Dormitories Davis Hall Fraser Hall Powell Hall Proctor Hall New Women's Dormitory
Dining Hall
Farm
Housing Project
Watchman's Cottage
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$ 3,220.00 31,561.50 3,145.40 1.941.10

$ 39,868.00

$102,000.00
6.154.90

108,154.90

300.00 $148,322.90

$ 11,840.42

$ 6,461.25 1,334.32 7,060.88 2,828.64 9.094.84

26,779.93

69,019.87

2,447.95

4,822.40

240.00

115.150.57

$263.473.47

SOUTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

_______________ Object Classification

Operating

Salaries Supplies

Total________ & Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office General Expense President's Office Registrar's Office TOTAL ADMINISTRATIVE AND GENERAL

$ 6,354.11 8,389.05 9,760.70 4.414.53
$ 28.918.39

6,060.00 $ 294.11 $

200.00

8,189.05

9.710.00

50.70

4.360.00

54.53

20.330.00 $ 8.588.39 $

STUDENT WELFARE Dean of Students Student Hospital TOTAL STUDENT WELFARE

PLANT OPERATIONS

LIBRARY

JvA

INSTRUCTION

Fine Arts

9

Languages

Social Science

Science

Mathematics

Business Administration

Education

Home Economics

Physical Education

TOTAL INSTRUCTION

FACULTY LEAVE

$ 4,158.91 $ 1.318.11
$ 5.477.02 $

4,060.00 $

98.91 $

1.183.65______ 134.46

5.243.65 $

233.37 $_

$ 24.214.02 $ 9.298.67 $ 4.019.61 $

895.74

$ 5.343.66 $ 3.631.00 $

96.23 $ 1.616.43

$ 3,914.06 $ 3,500.00 $

315.90 $

11,946.22

11.900.00

46.22

11,584.07

11.500.00

33.45

13,698.43

12,560.50

975.33

3,808.42

3.800.00

8.42

11,014.25

10.680.00

321.08

3,414.34

3.400.00

14.34

4,650.00

3,452.50

341.22

8.450.50

8.391.00

59.50

$ 72.480.29 $ 69.184.00 $ 2.115.46 $

98.16 50.62 162.60 13.17 856.28 1.180.83

$ 583.33-- $----583^33------------- _____---------

TOTAL EDUCATIONAL & GENERAL EXPENDITURES $137.016.71 $108.270.65 $ 25.053.06 $ 3,693 , M

TRANSFER TO PLANT FUND

$ 4.248.11

TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS $141.264.82

i

B. AUXILIARY ENTERPRISES

BOOKSTORE AND CO-OP

* DINING HALL

DORMITORIES Davis Hall Powell Hall Proctor Hall Fraser Hall
Women's Dormitory TOTAL DORMITORIES

$ 13,180.92 $ 2.031.50 $ 11.149.42 $ $ 64.685.12 $ 11.816.87 $ 52,868.25 $

$ 8,499.02 $ 5,282.18 $ 3,003.09 $

5,521.68

3,017.58

2,441.13

3,843.14

2,221.50

1,430.18

3,106.69

1,520.17

1,354.02

15.169.71

7.613.57

7.323.90

$ 36.140.24 $ 19.655.00 $ 15.552.32

315

213.75 62.97 191.46
232.50 232.24 932.92

SOUTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES (CONTINUED) FARM
HOUSING PROJECT WATCHMAN'S COTTAGE
TOTAL AUXILIARY EXPENDITURES TRANSFER TO:
Plant Funds TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense Equipment

JL 707.60 $

4 $ 707.60

JL 5.207.50 $ 1.925.30 $ 3.282.20 $

$

226.46 $

122.99 $

103.47 $

$120,147.84 $ 35.551.66 $ 83.663.26 $

932.92

6.322.12 $126,469.96 $257,164.55 $143,822.31 $108,716.32 $ 4.625.92

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS Educational and General Auxiliary Enterprises TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance July 1. 1954

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1955

$ 8,455.82 11.939.23
i- 20.395.05

$148,322.90 115.150.57
$263,473.47

$ 141,264.82 126.469.96
$ 267.73 4.78

i- 2.189.32 $ 12.905.71 $ 9.192.62

i_ 4.741.18 $ 32.400.91 $ 31.920.97

L 27.325.55 $308,780.09 $ 308.848 .37

$ 15,513.90 619.84
$ 16.133.74
$ 5.902.41
$ 5.221.12
$ 27.257.27

ANALYSIS OF CASH BALANCES June 30, 1955

Educational and General Agency Auxiliary Enterprises Plant Fund
TOTAL

Coffee County Farmers

Bank

Bank

Cash on Hand

Total

$ 15,513.90 $

$

5,221.12

619.84

5.902.41

$15,513.90 5,221.12 619.84 5.902.41

JL 15.513.90 $11,743.37 A ____ $27,257.27

316

SOUTH GEORGIA COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Rental Account Room Reservations Student Bank Key Deposit Teacher Flower Fund Other Agency Accounts Student Fees Football Basketball Baseball Commercial Club Dramatics Future Teachers Georgia Historical Club Glee Club International Relations Club Student Council Travel Advance The Record South Georgian Vending Machines Social Security
Camera Club Vocabulary Club Honors Day and Awards Work Scholarship Music and Voice Contributions Home Economics Club Transportation
TOTAL AGENCY FUNDS

Cash Balance July 1. 1954

Receipts Disbursements Cash Balance

For Year For Year

June 30. 1955

$

$ 2,250.00 $

3,697.58 3,474.02

'228.97 6,286.04

118.00

109.76

90.23

704.87

5,233.00

4,551.94

147.75

1.00

5.55

103.50

114.55

4.50

6.54 748.46 690.00 230.00 157.75 4,777.66 1,176.30

326.72 807.40 600.00 500.00

1,042.71 $ 5,130.60 6,179.35
89.00 66.60
5,120.44 612.31 340.78 18.67 81.08 92.59 18.98 34.38 31.54 864.72 690.00
2,561.61 826.15
3,993.70 1,341.33
30.52 21.72 519.71 726.00 600.00
18.25 868.23

1,207.29 2,041.00
335.66 29.00
133.39 1,474.78

I 4.741.1Q $32.400.91 $ 31.920.97 $. 5.221.12

STATEMENT OF UNEXPENDED PLANT FUND For Year Ended June 30, 1955
BALANCE, JULY 1, 1954
ADDITIONS: Sale of Tanner Hall Transfer from Agency Fund Transfer from Educational and General Transfer from Auxiliary Enterprises TOTAL ADDITIONS
TOTAL BALANCE AND ADDITIONS

$ 2,189.32

$1,050.00 ^ 285.48 4*248.11 6*322.12
--1 1

12.905.71

$15,095.03

317

SOUTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUND (CONTINUED)
DEDUCTIONS: Buildings Re-roof Davis Hall and Powell Hall Re-roof Peterson Hall
Elimination of Fire Code Deficiencies Fire-Safety and Deferred Maintenance
Equipment Dormitory Furnishings Miscellaneous Equipment Student Center Equipment Instructional Equipment
TOTAL DEDUCTIONS
BALANCE, JULY 1, 1955

$3,007.60 1,848.11
1,028.00
351.00 345.14 1,159.52 1.453.25
$ 9.192.62 $ 5.902.41

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1955

VALUE OF PLANT, JULY 1, 1954

$1,243,822.79

ADDITIONS DURING YEAR

Expended from Plant Funds $
Expended from General Funds and Included in Current Expenditures
Expended from Auxiliary Funds and Included in Current Expenditures

9,192.62 3,693.00
932.92

TOTALUADDITIONSnd CntentS Constructed bY Univ. System Bldg. Auth.

121.986.27

135.804.81

VALUE OF PLANT PLUS ADDITIONS

$1,379,627.60

DEDUCTION FOR YEAR Removed Tanner Hall from Campus

12. 000.00

VALUE OF PLANT, JUNE 30, 1955

$1,367,627.60

DEDUCT:

Equity of University System Building Authority

490 867 65

NET INVESTMENT IN PLANT, JUNE 30, 1955

$ 876.759 95

STATEMENT OF INVESTMENT IN P U N T For Year Ended June 30, 1955

v Year

Investment Beginning

Acquired Of Year

Additions

A. LAND Raymond Richardson Tract - 28.3 acres

1953

B. Peterson Tract - 300 acres 1907

$ 12,500.00 $ 98.43

Investment End of Deductions Year
$ 12,500.00 98.43

318

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year

Investment Beginning Of Year

Additions

Deductions

Investment End of Year

A. LAND (CONTINUED)

Mrs. Ollie A. Bryant Tract - .4403 acres

1922

$

50.00

$

J. L. Cochran Tract 8.85 acres

1923

1,107.00

Mrs. Vicey Peterson Tract4.4 acres

1923

400.00

City of Douglas Tract .3 acres

1938

1.00

Mrs. Vicey Peterson Richey Tract - .0626 acres

1938

1.00

J. M. Thrash Tract 4.289 acres

1944

864.00

Mrs. Lillian Price Stubbs &

Mrs. J. L. Cochran Tract 16-46 acres J. F. Darby Tract-6.28 acres

1945 1945

2.500.00 2.750.00

G. & F. Investment Company

Tract - .926 acres TOTAL LAND

1945

463.50 * 20.734.93

$

B. BUILDINGS Peterson Hall Davis Hall Powell Hall Dining Hall Fraser Hall Proctor Hall Tanner Hall Shops and Sheds Gymnasium Thrash Hall Science Building Women's Dormitory Classroom Annex President's Home Men's Dormitory Housing Project Bldgs. Admin. Building Ground Sch. Bldg. Hospital Bldg. Canteen Bldg. Mess Hall Bldg. No. 1 Bldg. No. 2 Bldg. No. 3 Bldg. No. 4 Bldg. No. 5 Bldg. No. 6
Bldg. No. 7

1907

$

1907

1907

1927

1929

1929

1929

1933

1936

1939

1946

1952

1953-54

1953

Under Constr.

66,818.49 $ 1,848.11 $

$

45,494.24

1.503.80

44,715.93

1.503.80

32,620.09

14.000. 00

14,229.40 12. 000. 00

12,000.00

1.500.00

20.545.48

37,477.47

29,765.37

261,143.66 29.417.49

25,814.55

32.000. 00 117,930.88

92,348.50

1953 1953 1953 1953 1953 1953 1953 1953 1953 1953 1953
1953

12.000. 00 15,000.00 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

50.00
1,107.00
400.00
1.00
1.00
864.00
2.500.00 2.750.00
463.50 20.734.93
68,666.60 46.998.04 46,219.73 32,620.09 14.000. 00 14,229.40
1.500.00 20,545.48 37,477.47 29,765.37 261,143.66 55.232.04 32.000. 00 210,279.38
12,0 0 0 .0 0 15.000. 00
1 0 .0 0 0 . 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

319

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Year Beginning Acquired Of Year________ Additions

Investment End of Deductions Year______

B. BUILDINGS (CONTINUED)

Housing Project Bldgs. (Cont'd)

Bldg. No. 8

1953

Bldg. No. 9

1953

Bldg. No. 11

1953

Link Bldg.

1953

Miscellaneous on Campus

Farm Tenant House

Farm Barn

Tobacco Barn

Watchman's Cottage

Syrup Shed

TOTAL BUILDINGS

C. IMPROVEMENTS OTHER THAN BUILDINGS Heating System Landscaping Lighting System Marble Memorial Fountain Streets and Sidewalks Swimming Pool Campus Bell System Campus Sewer System Fire Safety & Deferred Maintenance TOTAL IMPROVEMENTS

D. EQUIPMENT
Administrative Offices Plant Operations Library Instruction Classroom Annex (Bldg. Auth.) Dormitories Dormitories (Bldg. Auth.) Dining Hall Gymnasium Farm Co-op President's Home Student Activity Bus Housing Project Miscellaneous
TOTAL EQUIPMENT

TOTAL INVESTED IN PLANT

$ 10,000.00 $ 7,000.00 3,000.00 8,000.00

$

$ 10,000.00

7,000.00

3,000.00

8,000.00

5,000.00

5,000.00

3,000.00

3,000.00

300.00

300.00

3,000.00

3,000.00

300.00

300.00

$ 919.258.50 $123,018.76 $12,000.00 $1 .030.277.26

$ 106,375.06 $ 5,623.91

$ 710.50

1,600.00

1,000.00

2,000.00

2,800.00

542.50

12,099.24

317.50

132.040.71 $ 1.028.00 $

$ 106,375.06 6,334.41 1,600.00 1,000.00 2,000.00 2,800.00 542.50
12,099.24 317.50
$ 133.068.71

$

7,046.67 $

$

9,287.24

895.74

21,256.22

1,616.43

47,098.48

2,634.08

25,635.23 15,190.49

3,823.22 1,283.92

19,540.34

8,735.20

1,177.00 3,679.32

1,159.52

6,910.29

4,000.00

2,232.17

345.14 L - 171.788.65 11.758.05 $

$ 7,046.67 10,182.98 22,872.65 49,732.56 3,823.22 26,919.15 15,190.49 19,540.34 8,735.20 1,177.00 4,838.84 6,910.29 4,000.00 2,232.17 345.14
$ 183.546.70

243.822.79 $135,804.81 $12,000.00 $1,367,627.60

320

ABRAHAM

BALDWIN

agricultural

FINANCIAL REPORT

college

For the Year Ended June 30, 1955

Abraham Baldwin Agricultural College Tifton, Georgia
#321

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

BALANCE SHEET JUNE 30, 1955

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable TOTAL GENERAL FUNDS

ASSETS

B. AUXILIARY Cash in Bank Imprest Cash Inventories (Store & Dining Hall)

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III. LOAN FUNDS Cash in Bank Notes Receivable

TOTAL LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

B. EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 3,522.55 _______ 211.00
$

3,733.55

$ 13,957.90 680.00
10.088.43

24.726.33 $ 28,459.88

446.22

2,115.52 1.752.85

3,868.37

$ 41,700.05

$ 219,537.14 1,088,181.60 296.069.20

1.603.787.94

1.645.487.99

$1.678.262.46

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,731,200.

322

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

BALANCE SHEET JUNE 30, 1955

LIABILITIES

I. CURRENT LIABILITIES A. GENERAL Accounts Payable Unearned Income Deficit TOTAL GENERAL

$ 5,020.76 2,112.53
(->3.399.74 $

3,733.55

B. AUXILIARY Inventory Reserve Unearned Income Reservation Fee Unappropriated Surplus TOTAL AUXILIARY TOTAL CURRENT FUNDS

$ 10,088.43 6,397.19 6,130.00 2.110.71

24.726.33 $ 28,459.88

II. AGENCY FUNDS Fund Balance

446.22

III. LOAN FUNDS Fund Balance

3,868.37

IV. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Bldg. Auth Invested in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 41,700.05

$ 475,685.58 1.128.102.36

1.603.787.94

1.645.487.99

$1.678.262.46

323

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Matriculation Summer School Other Fees Clinical TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia -- Regular
SALES AND SERVICES Farm Poultry Processing Plant Animal Production TOTAL SALES AND SERVICES
OTHER SOURCES Rent and Property Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY ENTERPRISES Bookstore Dining Hall Dormitories Weltner Hall Herring Hall Lewis Hall New Girls Veterans' Apartments Room Reservations TOTAL AUXILIARY INCOME
C. STUDENT AID GIFTS AND GRANTS Georgia Bankers Association Civic Clubs TOTAL STUDENT AID
TOTAL CURRENT INCOME

$ 794.30 33,322.36 3,157.93 54.00 2.613.74

$ 39,942.33

122, 000.00

$ 4,894.83 5,495.05
11,644.49 5.042.74

27,077.11

$ 1,227.00 783.42

2.010.42 $191,029.86

$ 13,726.55 93,680.52

$ 8,621.33 6,817.94 6,843.72 8.801.79

31,084.78 3,914.94 1.820.00

144,226.79

$ 1,820.00 900.00

2.720.00

$337.976.65

324

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

______________ Object Classification_______

Salaries Operating Improvements

And

Supplies

and

General

Wages

& Expense

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General President's Office Registrar's Office TOTAL ADMINISTRATIVE & GENERAL
STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTIONS Dean's Office Agriculture Arts Home Economics Physical Education Science Secretarial Science Summer School TOTAL INSTRUCTION
ORGANIZED ACTIVITIES Farm Poultry Processing Plant Animal Production TOTAL ORGANIZED ACTIVITIES
EXTENSION Short Course
TOTAL EDUCATIONAL AND GENERAL EXPEND.
TRANSFER TO: Plant Funds
TOTAL EDUC. & GENERAL DISBURSEMENTS

$ 9,899.94 $ 9,899.94 $

$

8,345.35

727.92

7,290.97

8,750.00 8,450.00

300.00

5.000.00 5.000.00 $ 31.995.29 $ 24.077.86 $ 7,590.97 $

326.46 326.46

$ 400. 00 $ 400. 00
1 77? 05 X$ - ? 57?, 05 $
X$--?1 510 8?, $
1. 8,,278..78

400. 00 400. 00 1,,337.,50 2,,137.,50
B,,552..47
5,,213,.70

$ 426.,07
$ 426.,07 $ 11,,814..30
$ 942,.70

$ 8. 48 8. 48
$ 1, 144. 05 $ 2,,122..38

$ 4,600.00 $ 4,600.00 $ 31,572.22 30,813.23 13,477.23 13,042.12 7,793.47 6,659.22

$ 542.33
13.00 657.09

216.66 422.11 477.16

6,195.39 5,110.95 17^503.43 15,628.67

1,084.44 1,334.68

540.08

3,217.85 3,217.85

9.525.00 2.525.00 $ 86.884.59 $ 81.597.04

3.631.54 $ 1.656.01

$ 9,039.99 $ 7,746.55
10,893.94 2.503.27
30.183.75 $

3,975.51 2,262.20 2,726.00
109.37 9.073.08

$ 4,514.91 5,319.02 7,421.34 2.354.90
$ 19.610.17

$ 549.57 165.33 746.60 39.00
$ 1.500.50

* 7 Q40.54 $ 4.933.23 $ 2.912.41 $ 94.90 $189.365.82 $135.584.88_ $ 46.928.16 $ 6.852.78

5.314.31 $194.680.13

325

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Weltner Hall Herring Hall Lewis Hall New Girls * TOTAL DORMITORIES
LAKESIDE
VETERANS APARTMENTS
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Board of Regents Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
STUDENT AID Scholarships
TOTAL CURRENT EXPENDITURES

________________

Qb.iect Classification

Salaries Operating Improvements

and

Supplies

and

General

Waaes

& Expense

Eauipment

$ 14.513.06 $ 1.229.25 $ 13.283.81 $ $ 86.075.30 $ 21.239.11 $ 63.413.49 $

1.422.70

$ 6,104.09 $ 3,148.27 $ 2,638.32 $

4,849.19

2,162.84

2,089.53

4,959.25

1,980.19

2,321.63

9.398.32

4.990.12

4.345.60

$ 25.310.85 $ 12.281.42 $ 11.395.08 $

$ 220.95 $ 214.56 $

6.39 $

$ 4.240.39 $ 959.36 $ 3.205.69 $

$130,360.55 $ 35.923.70 $ 91.304.46 $

317.50 596.82 657.43
62.60 1.634.35
75.34
3,,132.39

$ 258.62 8.907.40
$139.526.57

$ 2.720.00

$ 2.720.00

$322.446.37 $171.508.58 $140.952.62 $

9. 985.17

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts and Grants Interest on Notes Receivables TOTAL ADDITIONS
DEDUCTIONS Transfer to Student Aid Funds
BALANCE OF PRINCIPAL, END OF YEAR

$4,140.26

$ 30,00 58.11

88.11

360.00 $3.868.37

326

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1955

LOAN FUNDS Ga. Bankers? Scholarship
Mrs. John G. Padrick Ruth F. Wright Susie T. Moore Harry F. Kulbersh Ferrell Jolly Clovis Turk, Sales City
TOTAL FUND BALANCE

Fund Balance

Fund

Beginning

Balance End

Of Year

Additions Deductions Of Year

$

360.00 $

$ 360.00 $

30.00

30.00

539.01

23.48

562.49

1,015.90

34.63

1,050.53

1,225.00

1,225.00

500.35

500.35

500.00

500.00

$ 4.140.26 $ 88.11 $ 360.00 $ 3^860,37

Student Activity Tabac Coca Cola Machines OAB Tax Withheld
TOTAL

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Cash Balance Receipts Disbursements Cash Balance

July 1. 1954 For Year

For Year June 30. 1955

$

71.68 $ 7,006.10 $ 6,849.86 $

79.63 3,313.20

3,356.79

314.37 3,045.62

3,268.35

911.00

820.38

$

465.68 $14,275.92 $ 14.295.38 $

227.92 36.04 91.64 90.62
446.22

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts Julv 1. 1954 For Year

Disbursements Cash Balance For Year June 30. 1955

$ 7,172.82 $193,749.86 $ 197,400.13 $ 3,552.55

9.937.68 144.226.79

139.526.57

14.637.90

$ 17.110.50 $337,976.65 $ 336.926.70 _ s _ 18.160.45

$

465.68 $ 14.275.92 $ 14.295.38 $

446.22

$ 2.176.06 $ 1.158.26 $ 1.218.80

2.115.52

$

905.92 49.952.11 $ 9.157.98 $ 41.700.05

$ 20.658.16 $403,362.94 $ 361.598.86 $ 62.422.24

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

BANK BALANCE The Farmers Bank of Tifton The Bank of Tifton
T0TAL

$47 784 84 14|37.90
$62.422.24

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS Appropriations - State of Georgia Gifts and Grants Fulton National Bank Trust Company of Georgia First National Bank of Atlanta C & S National Bank Transfer from General Funds Transfer from Auxiliary Funds
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions Building and Additions to Building Auditorium Veterans Apartments New Girls' Dormitory Library Tift Hall Weltner Hall Lewis Hall Herring Hall Agriculture Building TOTAL BUILDINGS AND ADDITIONS
Equipment Irrigation - Pump Lewis Hall TOTAL EQUIPMENT
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant
Additions

$

905.92

$35,000.00

$182.60 182.60 182.60 182.60

730.40 5,314.31 8.907.40

49.952.11

$ 50.858.03

$ 619.57 570.67 42.70 317.26
2,202.92 459.45
1,149.34 747.96
1.912.63 $

8,022.50

$ 684.12 451.36

1.135.48

$ 9.157.98

$ 41.700.05

328

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

VALUE OF PLANT JULY 1, 1954

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30f 1955

$1,548,297.33

ADDITIONS DURING YEAR

Expended from Plant Funds

#

Expended from Educational & General and Included in Current Expend.

Expended from Aux. Enterprises and Included in Current Expenditures

Buildings and Contents Constructed by Univ. System Bldg. Auth.

TOTAL ADDITIONS

$ 2,056.56 12,167.09 4,919.50 36.347.46

VALUE OF PLANT JUNE 30, 1955 Less Equity of University System Building Authority

NET INVESTMENT IN PLANT

55.490.61 $1,603,787.94
475.685.58 $1.128.102.36

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

Investment Year Beginning Acquired Of Year

Additions

Investment End of Year

A. LAND Campus and Farm Farm TOTAL LAND
B. BUILDINGS New Girls' Dormitory (Building Authority) Science Building (Building Authority) Agricultural Engineering Bldg. (Bldg. Auth.) Veteran Apartments (4) Library Tift Hall - Administration Auditorium-Gymnasium Dining Hall Weltner Hall Lewis Hall Herring Hall Northside Home Economics President's Home Shop No. 1 Shop No. 2 Agriculture Lakeside Processing Plant Storage Log Cabin Poultry Houses Barn
Tenant No. 1

1907 1951
1953 1954 1954 1948 1938 1907 1938 1938 1936 1907 1907 1948 1941 1915 1935 1943 1940 1947 1942 1940 1937 1941 1953 1940

$ 10,000.00 $ 16.600.00
$ 26.600.00 $

$ 10,000.00 16.600.00
26.600.00

$268,548.51 $ 105.30 $ 268,653.81

102,625.16 15,067.25

117,692.41

94,184.74

241.13

94,425.87

43,248.10

646.01

43,894.11

11,562.27

317.26

11,879.53

72,425.94 2,302.92

74,728.86

70,062.16

619.57

70,681.73

33,037.20

33,037.20

59,882.85

485.15

60,368.00

60,876.69 1,249.34

62,126.03

64,251.57

873.66

65,125.23

11,187.50

11,187.50

15,398.94

15,398.94

11,424.21

11,424.21

6,000.00

6,000.00

3,000.00

3,000.00

34,644.33 1,912.63

36,556.96

23,281.80

23,281.80

43,567.81

43,567.81

500.00

500.00

4,325.56

4,325.56

12,566.74

12,566.74

6,286.08

6,286.08

300.00

300.00

329

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginninq
Of Year

Additions

Investment End of Year

B. BUILDINGS (CONTINUED) Tenant No. 2 Potato House
Home Management House (Bldq. Auth.) TOTAL

1953 1950 1955

$

300.00

564.74

$1,054,052.90

$
10.308.48 $34,128.70

$

300.00

564.74

10.308.48

$1,088,181.60

C. CITHER IMPROVEMENTS Heating System Water System Electrical System Sewage Disposal Campus Bell System Fences Ponds
Refrigeration System Campus - Landscaping
TOTAL

1948 1949 1949 1948 1949 1949 1950 1952 1952

D. EQUIPMENT

Tift Hall - Administration

Class Rooms

Science Labs Log Cabin

Library

Auditorium & Gymnasium

Dining Hall

Weltner Hall

Herring Hall

Lewis Hall - Furnishings

Home Management

Home Economics Building

Veteran Apartments

Northside

Shop No. 1

Shop No. 2

Agricultural Building

Lakeside

Processing Plant

Storage Building

Poultry Houses

Barn

Farm & Campus

Irrigation

Automotive (Buses & Trucks)

New Girls

*

Science Building {Building Authority)

Agric. Engineering Building (Building Authority) TOTAL EQUIPMENT

$ 85,929.50 $ 82,251.88 2,043.50 12,690.91 275.00 100.00 5,427.52 2,122.62 2.022.50
$ 192.863.52 $

73.62 73.62

$ 85,929.50 82,251.88 2,043.50 12,690.91 275.00 100.00 5,427.52 2,122.62 2.096.12
$ 192.937.14

$ 8,055.03 $ 421.36 $ 8,476.39

865.00

422.11

1,287.11

9,438.75

540.08

9,978.83

3,857.06

3,857.06

37,907.63 2,122.38

40,030.01

31,392.36

31,392.36

24,376.51 1,422.70

25,799.21

7,000.65

300.28

7,300.93

8,873.82

471.12

9,344.94

7,927.63 1,008.79

8,936.42

2,281.81

2,281.81

6,512.01

477.16

6,989.17

6,149.98

6,149.98

1,409.69

1,409.69

27,472.48

970.43

28,442.91

11,233.00

11,233.00

7,461.57

216.66

7,678.23

2,985.}0

2,985.10

8,649.85

746.60

9,396.45

3,749.00

3,749.00

1,629.00

165.33

1,794.33

1,253.98

1,253.98

3,911.66

588.57

4,500.23

684.12

684.12

20,606.95

20,606.95

29,780.39

29,780.39

5,629.63

5,629.63

5.100.97

5.100.97

$ 274.780.91 $21,288.29 $ 2 % . 069.20

TOTAL INVESTMENT IN PLANT

$1,548,297.33 $55,490.61 $1,603,787.94

ALBANY STATE COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1955
Albany State College Albany, Georgia 331

ALBANY STATE COLLEGE

BALANCE SHEET JUNE 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL
Cash on Hand and in Bank Accounts Receivable
Veterans Administration Students Others
TOTAL GENERAL FUNDS

B. AUXILIARY ENTERPRISES Cash on Hand in Bank Accounts Receivable Stores
TOTAL AUXILIARY ENTERPRISES

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

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 Due from Auxiliary Funds TOTAL UNEXPENDED

$ 25,765.56

2,895.33 5,564.18 5.716.01
$

39,941.08

$ 3,339.07 5,559.28 3.290.77

12.189.12

$ 52,130.20

$ 13.970.13

13,970.13

$ 12,471.86 10,357.00
_______ 146.50

22,975.36

$ 8,532.12 5.284.80 $ 13,816.92

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

$ 22,400.00 1,177,920.87 21,034.92 346.407.27

1.567.763.06

TOTAL PLANT FUNDS TOTAL ASSETS

1.581.579.98 $1.670.655.67

NOTE: Buildings are valued at cost. Based on an appraisal made durinq 1953-54

buildings had a sound value of $1,553,300.

*

332

ALBANY STATE COLLEGE
balance sheet
JUNE 30, 1955
LIABILITIES 4
I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY ENTERPRISES Accounts Payable Unearned Income Reserve for Stores Due to Unexpended Plant Funds Surplus TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT FUNDS
II. AGENCY FUNDS
Fund Balance
III. STUDENT LOAN FUNDS
Fund Balance

$ 3,221.18 3,675.47 6,225.70
26.818.73

39,941.08

$ 4,390.07 3,475.87 3,290.77 5,284.80
(-14.252.39

12.189.12

; 52,130.20

13.970.13

22,975.36

IV. PLANT FUNDS A. UNEXPENDED Fund Balance

$ l3f816.92

B. EXPENDED Equity of University System Building Auth. Invested in Plant
TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

$ 659,957.48 907.805.58
------

1.567.763.06

1.581.579,98

$1.670.655.67

333

ALBANY STATE COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School In-Service Classes Other Student Fees TOTAL STUDENT FEES
GOVERNMENTAL State of Georgia Plus Amount Payable 7/1/54 Dougherty Co. Bd. of Ed. TOTAL GOVERNMENTAL

$

847.36

37,443.25

4,856.25

11,642.80 1,374.00

2-214.68

$ 58,378.34

$ 260,000.00 24-028.26 $ 284,028.26 20-813.36

304,841.62

OTHER SOURCES
Nursery School Sales & Services General & Misc. Income
TOTAL OTHER SOURCES

$ 1,599.50 657.92 791.75

3.049.17

TOTAL EDUCATIONAL AND GENERAL

$ 366-269.13

B. AUXILIARY ENTERPRISES Dining Hall Dormitories Davis Hall Gibson Hall Peace Hall McIntosh Hall

$ 61,523.68

$ 6,110.28 1,613.21 5,508.48
12,211.25

25,443.22

Student Center Bookstore Snackbar Post Office

$ 6,242.14 11,827.05
______ 650.00

18.719.19

TOTAL AUXILIARY ENTERPRISES

$ 105.686.09

TOTAL CURRENT INCOME

$ 471.955.22

334

ALBANY STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL ADMINISTRATION AND GENERAL Business Office President's Office Registrar's Office Public Relations Office General TOTAL ADMINISTRATION & GENERAL
STUDENT WELFARE Dean of Students Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean of Instruction Art English & Dramatics Modern Languages Music Education Practice School Nursery School Practice School Library Health & Physical Education Biology & Physics Mathematics Social Science Business Education Home Economics Audio Visual Aids Summer School In-Service TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPENDITURES
TRANSFERS TO: Agency Funds Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS

Total

Object Classification

Operating

Salaries & Waaes

Supplies & Expense EauiDment

$ 17,490.70 12,108.96 11,838.35 5,208.35 16.414.73
$ 63.061.09

$ 16,614.15 11,927.37 8,745.00 3,528.00 2.215.50
$ 43.030.02

$ 556.93 181.59
1,214.14 1,223.40 13.510.23 $16.686.29

$ 319.62
1,879.21 456.95 689.00
$ 3.344.78

$ 1,888.68 $ 1,583.30 $

1,358.66

1,323.09

4,038.57

4,000.00

3.491.96

3.300.00

$ 10.777.87 $ 10.206.39 $

305.38 $ 35.57 38.57 176.96
556.48 $

15.00 15.00

$ 43.599.92 $ 16.120.23 $24,610.15 $ 2.869.54

$ 18.243.63 $ 12.069.92 $ 2.038.92 $ 4.134.79

$ 6,356.17 4,618.21
14,123.35 8,587.44
13,126.52 31,562.77 29,487.40
4,773.43 548.76
9,897.84 15,682.56 11,054.82 13,615.35
6,781.98 5,252.95 1,248.14 26,389.02
125.00 $203,231.71

$ 3,693.33 3,676.67
13,778.00 8,300.00 11,800.00
30,725.02 29,120.00
3,911.67
8,863.68 9,915.65 10,668.48 13,515.00 6,200.00 4,004.00
25,389.02 125.00
$183,685.52

$ 2,662.84 310.58 207.42 199.24 588.52 480.51 298.73 774.51 25.20 340.21
2,343.80 173.39 94.45 366.98 442.58 221.77
1,000.00
$10,530.73

$ 630.% 137.93 88.20 738.00 357.24 68.67 87.25 523.56 693.95
3,423.11 212.95 5.90 215.00 806.37
1,026.37
$ 9.015.46

$338,914.22 $265,112.08 $54,422.57 $19,379.57

27.74 23.000.00
$361.941.96

335

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES Dining Hall Dormitories Davis Hall Gibson Hall Peace Hall McIntosh Hall Bookstore Snack Bar Post Office TOTAL AUXILIARY ENTERPRISES

OTHER CHARGES: Bank Charges Sales Tax Expense Social Security Exp. TOTAL OTHER CHARGES

2.39 29.65 25.25

TOTAL AUX. ENTERPRISE DISBURSEMENTS

TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies

& Waqes

& Expense Equipment

$ 60,887.86 $14,526.93 $45,972.58 $ 388.35

4,991.50 5,990.06 6,214.74 9,846.36 7,181.75 12,716.94 1.004.75 $108,833.96

2,427.60 2,658.81 3,923.55 4,890.29 1,372.42 2,335.60
988.50 $33,123.70

2,563.90 3,274.25 2,291.19 4,873.43 5,629.33 9,434.18
16.25 $74,055.11

57.00
82.64 180.00 947.16
$ 1.655.15

$

57.29

$108,891.25

$447.748.18 $298,235.78 $128,477.68 $21,034.72

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Alpha Phi Alpha Fraternity Alpha Kappa Alpha Sorority Archronian Club Application Deposits Bus Fund (Rentals) Class of 1954 Class of 1955 Class of 1956 Class of 1958 Cresent Club Dramatics Future Teachers of America Hazard Practice School P.T.A. Homecoming Committee Honors Day Hospital

Balance July 1. 1954 Receipts

Balance Disbursements June 30. 1955

$

$ 56.42 $

83.15

14.28

7,182.50 1,495.00

505*97 1,691.60

.02

500.00

188.85

601.82

154.75

37.50

12.55

161.06

75.00

47.00

32.29

542.95

(-)IIO.OO

452.00

.50

54.00 $ 60.00 14.86 1,090.00 999.66 500.00 790.67 154.75 35.00
8.00 167.64
45.40
307.10 80.00

2.42 23.15 (-).58 7,587.50 1,197.91
.02
2.50 4.55 68.42 1.60 32.29 235.85 262.00
.50

336

ALBANY STATE COLLEGE

STATEMENT OF AGENCY FUNDS (CONTINUED)

Ivy Leaf Club Key Deposits Language Arts Festival Practice Teachers Board Practice Teachers Travel Sales Tax Social Science Club Student Activities Year Book Committee Y.M.C.A. Withholding Tax Teachers Retirement Social Security Payable Employees Retirement Equitable Insurance Salary Saving Due to Aux. Enterprise (Payroll Deduct.) Due to Educ. & Gen. (Payroll Deduct.) Due to Aux. Ent. (Error Dep.) Due to Educ. & Gen. (Error Dep.) Adjustment (Payroll Deduct. 1953-54)
TOTAL AGENCY FUNDS

Balance July 1. 1954 Receipts

Balance Disbursements June 30,_1955

$ 93.00

34.27 20.00

23.60 $ 26.00

2.13

75.80
42.82
924.97 3.50

306.80 18.30 16.87
17,058.73 205.05

306.80 76.63 15.87
13,777.28 52.43

20.00 (-)1.86 (-)17.98
(-).IO

24,657.53 12,038.94
520.42

24,657.53 12,038.94
520.42

(-)7.70

5,159.96 1,762.28 9,620.57
509.25

5,159.96 1,762.28 9,620.57
509.25

3.37 16.00

11.00

27.64 $ 9-063.48 $77.772.29 j 72.865.64 $

10.67 87.00
2.13 75.80
(-)15.51 1.00
4,206.42 156.12 20.00
(-)1.86 (-- )17.98
(-U0 (-)7.70
3.37 5.00 27.64 13.970.13

STATEMENT OF CHANGES - CASH BALANCES For Year Ended June 30, 1955

Balance

Balance

July 1. 1954 ; Receipts Disbursements : June 30. 1955

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

$ 21,438,39 6.544.23

$366,269.13 105.686.09

$361,941. 96 108.891. 25

$

25,765.56 3.339.07

$ 27.982J52 $472,005.22 $470,883. 21 $ 29.104.63

$ 9.063.48 $ 77.772.29 $ 72.865.,64 $ 13.970.13

$ 13.955.56 $ 3.178.80 $ 4.662.,50 .$-- 12.471.86

$ 30.315.19 $ 23.000.00 $ 44.783..07 $ 8.532.12

$ 81.316.85 $575,906.31 $593,144,.42 $ 64.078.74

337

ALBANY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

PROJECT Caroline Hall Library Gibson Hall Peace Hall Dining Hall Davis Hall Student Center Hazard Practice School Sewerage System TOTAL

Balance JuljL 1954

Receipts Disbursements Transfers

Balance June 30, 1955

$ 6,636.21 $

$

953.75

517.87

1,091.04 9,000.00

616.32 9,000.00

175.00

150.00

175.00 5,000.00

20.000.00

$ 30.315.19 $23,000.00 $

6,862.82 $(-)!,828.11 $

694.80

(->341.05

177.24

9,138.30

10,106.76

(->490.44

181.25

(-) 6.25

152.50

(-) 2.50

137.75

17.331.65 (->2.668.35

44.783.07 $

$

1,601.50 600.00 340.63 952.74
5,037.25 8.532.12

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR

$ 30,315.19

ADDITIONS:

Transfer from General Funds

23.000.00

TOTAL ADDITIONS

$ 53,315.19

DEDUCTIONS: Expended for Plant Additions Buildings & Additions to Buildings Library Caroline Hall Hazard Practice School Davis Hall Peace Hall Gibson Hall Dining Hall Student Center

$ 694.80 6,862.82 137.75 181.25 3,021.90 177.24 2,924.45 152.50

14,152.71

Improvement Other Than Building Sewerage System Less: Reimbursement University System Bldg. Auth.

$29,331.65 12. 000.00

17,331.65

Equipment Peace Hall Dining Hall
TOTAL DEDUCTIONS

$ 6,116.40 7.182.31

13.298.71

44.783.07

BALANCE, END OF YEAR

$ 8.532.12

ALBANY STATE COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955
VALUE OF PLANT, JULY 1, 1954
ADDITIONS: Expended from Plant Funds Expended from Plant Educational & General and Included in Current Expenditures Expended from Auxiliary Funds & Included in Current Expenditures Building Constructed University System Building Authority TOTAL ADDITIONS
VALUE OF PLANT, JUNE 30, 1955, WITH ADDITIONS
Less: Deductions of Old Furniture Sold as Surplus
VALUE OF PLANT, JUNE 30, 1955
Less: Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1955

$1,313,392.69

$ 44,783.07
19,379.57 1,655.15
190.440.58

256.258.37

$1,569,651.06

1

00

----- ' - --

$1,567,763.06

---659,957.48

$ 907,805.58

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

A. LAND
B. BUILDINGS McIntosh Hall (Building Authority) Science Building (Building Authority) Sanford Hall (Building Authority) Margaret Hazard Library Caroline Hall Dining Hall Hazard Training School Gibson Hall Peace Hall Davis Hall Boys' Project Cottages (3 Buildings) Nursery School (Farm House) N.Y.A. Shop Bath House President's House Garage Laundry (Science Auxiliary) Maintenance Shop Student Center TOTAL BUILDINGS

Investment Beginning Of Year

Additions

Investment End of Deductions Year

$ 22.400.00 _________ $

$ 22.400.00

$ 187,057.30 $

$

100,704.31 173,132.16

216,707.08 12,839.43

23,771.83

694.80

126,246.44

6,862.82

71,534.07

2,924.45

46,750.95

137.75

46,843.83

177.24

60,690.67

3,021.90

34,944.68

181.25

8,000.00

3,000.00

1,499.08

1,200.00

750.00

12,000.00

315.00

315.00

900.00

34.566.33

152.50

977.796.57 $200,124.30 $

$ 187,057.30 273,836.47 229,546.51 24,466.63 133,109.26 74,458.52 46,888.70 47,021.07 63,712.57 35,125.93 8,000.00 3,000.00 1,499.08 1,200.00 750.00 12,000.00 315.00 315.00 900.00 34.718.83
$1 .177.920.87

339

ALBANY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

C. IMPROVEMENTS OTHER THAN BUILDINGS Sewerage System
EQUIPMENT Administrative Office Physical Plant Library Instructional Departments Dining Hall Bookstore Snack Bar Dormitories McIntosh Hall (Building Authority) Sanford Hall (Building Authority) Science Building (Building Authority) Post Office Automotive Equipment
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year_______ Additions

Investment End of Deductions Year______

$ 3,703.27 $ 17.331.65 $__________$ 21,034.92

$ 22,814.17 $ 3,359.78 $ 100.00 $ 26,073.95

21,666.59

2,869.54 1,668.00

22,868.13

99,107.49

4,134.79

103,242.28

89,191.27

9,015.46

120.00

98,086.73

15,342.60

7,570.66

22,913.26

243.00

180.00

423.00

188.80

947.16

1,135.96

24,252.23

6,256.04

508.27

17,366.73

17,366.73

9,423.05 (-)391.65

9,031.40

4,860.64

4,860.64

471.35

471.35

9.425.57

9.425.57

$ 309.492.85 $ 38.802.42 $1,888.00 $ 346.407.27

$1 .313.392.69 $256,258.37 $1,888.00 $1,567,763.06

340

FORT

VALLEY STATE COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1955
1
Fort Valley State College Fort Valley, Georgia
341

FORT VALLEY STATE COLLEGE

BALANCE SHEET JUNE 30, 1955

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Due from Endowment Funds

$ 26,724.41 5,832.67
______ 336.86

TOTAL GENERAL FUNDS

$ 32,893.94

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS

$ 5,697.05 1.124.05

6,821.10

C. AUXILIARY Cash in Bank Accounts Receivable Inventories

$ 4,525.79 5,387.61 4.189.67

TOTAL AUXILIARY FUNDS

14.103.07

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

ENDOWMENT FUNDS Cash in Bank Due from Jamison Estate Investments
U. S. Securities Preferred and Common Stock Ft. Valley State College Dormitory University System Bldg. Authority Bonds
TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash in Bank Notes Receivable TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Auxiliary Enterprises TOTAL UNEXPENDED

$ 53,818.11

20,467.79

$ 1,848.71 336.86

$ 40,100.00 12,026.46 8,746.42 2.000.00

62.872.88

65,058.45

$

487.25

________45.00

532.25

$ 46,247.72 12.204.38

58,452.10

B. EXPENDED Land Buildings Improvements Other Than Building Equipment TOTAL EXPENDED

$ 53,288.10 2,215,121.31 87,587.34 618.614.13

2.974.610.88

342

FORT VALLEY STATE COLLEGE

BALANCE SHEET JUNE 30, 1955
LIABILITIES

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

$ 3,820.33 15,805.79 10,342.03 2.925.79 $ 32,893.94

B. RESTRICTED Fund Balance

6,821.10

C. AUXILIARY Accounts Payable Reserve for Inventories Due to Plant Funds Unearned Income Deficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Due to General Funds Fund Balance

$ 5,008.80 4,189.67 12,204.38 4,719.00
(-)12.018.78

14.103.07

$

336.86

--- ^4,721.59

53,818.11 20,467.79

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance

V. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 58,452.10

B. EXPENDED

Due to Endowment Funds

$ 8,746.42

Equity of University System Bldg. Authority 1,288,152.81

Invested in Plant

1.677,711,65

TOTAL EXPENDED

2.974.610.88

65,058.45 532.25

343

FORT VALLEY STATE COLLEGE

ASSETS CONTINUED

BALANCE SHEET JUNE 30, 1955

TOTAL PLANT FUNDS TOTAL ASSETS

$3.033,062.98 $3.172.939.58

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $2,822,500.

I 1
t I
)

344

J

LIABILITIES (CONTINUED) TOTAL PLANT FUNDS
TOTAL LIABILITIES

FORT VALLEY STATE COLLEGE
BALANCE SHEET JUNE 30, 1955

S3.033.062.98 S3.172.939.58

345

FORT VALLEY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation - Regular Matriculation - Saturday Classes Non-Resident Tuition Summer Sessions Health Service Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS Peach County State of Georgia Vocational Funds Morrill-Nelson TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT General Leask TOTAL ENDOWMENT
GIFTS AND GRANTS Research Corporation of America
SALES AND SERVICES Farm
OTHER SOURCES Property Rentals
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFERS : From University of Georgia
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES CAMPUS STORE
DINING HALL
DORMITORIES : Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES

General Income

Restricted Income

Total Income

$ 63,505.90 $ 5,687.50 5,867.57
21,889.63 6,163.80 2.461.56
$105.575.96 $

$ 63,505.90 5,687.50 5,867.57
21,889.63 6,163.80 2.461.56
$105.575.96

$ 32,533.% 374,120.00
$406.653.96

$
10,302.69 32.236.00 $42.538.69

$ 32,533.96 374,120.00 10,302.69 32.236.00 $449.192.65

$ 1,808.82 $ 544.00
$ 2.352.82 $

$ 1,808.82 544.00
$ 2.352.82

$

$ 2.500.00 $ 2.500.00

$21.144.13 $

$ 21.144.13

$ 300.00 $

$ 300.00

$536.026.87 $45.038.69 $581.065.56

3__________ $ 9.599.44 $ 9.599.44 $536.026.87 $54.638.13 $590.665.00

$ 26.148.90 $ $145.005.59 $

$ 26.148.90 $145.005.59

$ 17,437.68 $ 6,904.58
12,909.40
18.881.61
_J__ $ 56.133.27

$ 17,437.68 6,904.58 12,909.40 18.881.61
$ 56.133.27

346

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) LAUNDRY
PROPERTY RENTALS
TOTAL AUXILIARY ENTERPRISES
C. STUDENT AID GIFTS AND GRANTS Allstate Foundation Sears, Roebuck and Company
TOTAL INCOME FROM STUDENT AID
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$ 11,031.85 $

$ 11,031.85

6.117.20

6.117.20

$244.436.81 -i_______ $244.436.81

$

$ 2,500.00 $ 2,500.00

800.00

800.00

3________ $ 3.300.00 $ 3.300.00
$780.463.68 $57.938.13 $838.401.81

STATEMENT OF CURRENT EXPENDITURES For Year Endd June 30, 1955

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Administration President's Office Registrar's Office Public Relations T O T A L ADMIN. & GENERAL
STUDENT WELFARE Dean of Men Dean of Women Infirmary Office - Student Personnel TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Demonstration High School Administrative Dean Agriculture

Fund Classification General Restricted

Object Classification

Salaries

Operating

and Waaes

Supplies & Expense Eauipment

$ 22,845.18 26,059.10 11,982.89 14,984.59 2.596.56
$ 78.468.32

$
$ ___

$ 21,560.00 3,369.00 11,296.00 13,709.% 2.269.81
$ 52.204.77

$ 678.95 22,690.10 368.77 636.75 326.75
$ 24.701.32

$ 606.23
318.12 637.88
$ 1.562.23

$ 1,872.04 $ 3,355.43 6,330.09 2.243.92
$ 13.801.48 $
$ 84.641.95 $
$ 38.161.49 $

$ 1,680.00 $ 3,240.00 5,680.23 2.150.00
$ 12.750.23 $

152.74 $ 91.21
506.86 41.40
792.21 $

39.30 24.22 143.00 52.52 259.04

$ 37.524.15 $ 42.952.75 $ 4.165.05

$ 20.106.53 $ 2.141.72 $15.913.24

$ 35,873.60 $

$ 34,261.32 $ 1,467.98 $ 144.30

9,735.91

9,239.99

318.42

177.50

33,983.81 21,716.00 40,897.74

7,650.83 7,151.24

347

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Salaries Operating

and

Supplies

Waaes

& Expense Equipment

EDUCATIONAL & GENERAL (CONT'D) INSTRUCTION (CONTINUED)
Art Business Education Education English Health Education Home Economics Languages Library Service Music Nursery School Reading Clinic Science Social Sciences Summer School
TOTAL INSTRUCTION

$ 4,069.85 7,186.07
25,912.05 21,454.81 10,995.89 16,938.91
3,441.68 424.41
15,883.70 734.52 570.87
47,526.84 23,440.48 37.262.76 $295.436.16

$ 5,200.00 2,889.05
7,820.00 $37.625.05

$ 3,300.00 6,900.00
24,920.00 26,020.00 10,534.28 18,307.50
3,400.00
14,869.16 120.00
43,392.65 23,120.00 36.005.00 $295.287.64

$ 566.83 286.07 763.41 599.30 368.93 969.80 41.68 39.29
1,014.54 614.52 171.27
6,683.73 194.88
1.257.76 $ 23.009.24

$ 203.02
228.64 35.51 92.68
550.66
385.12
399.60 5,270.46
125.60
$14.764.33

SERVICES RELATED TO INSTRUCTION

Farm

$ 33.955.56 $.

$ 12.389.53 $ 19.710.26 $ 1.855.77

EXTENSION In-Service Classes Vocational Education TOTAL EXTENSION

$ 5,154.50 $

$ 5,154.50 $

$

4.869.60

2.548.00

2.321.60

$ 5.154.50 $ 4.869.60 $ 7.702.50 $ 2.321.60 $

RESEARCH
Agriculture Rsch. Corp & School-Sci. Carnegie
TOTAL RESEARCH

$

$ 8,637.97 $ 7,597.50 $ 243.32 $ 797.15

2,520.00 1,941.13

2,218.06

1,151.68 1,091.39

178.01

178.01

$ 2.698.01 $10.579.10 $ 9.993.57 $ 1.395.00 $ 1.888.54

TOTAL EDUC. & GENERAL

$552.317.57 $53.073.75 $447.958.92 $117.024.10 $40.408.20

AUXILIARY ENTERPRISES CAMPUS STORE
DINING HALL
DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES
LAUNDRY

$ 27.761.72 $ $142.112.79 $

$ 5.179.66 $ 22.582.06 $ $ 42.959.74 $ 98.124.09 $ 1.028.96

$ 15,351.73 $ 10,268.21 13,484.67 30.491.56
$ 69.596.17 $

$ 8,447.59 6,316.30 7,599.90 14.153.51
$ 36.517.03

$ 6,400.37 3,684.53 5,514.97 16.312.11
$ 31.911.98

$ 503.77 267.65 369.80 25.94
$ 1.167.16

$ 9.042.24 $__________ $ 7.435.03 $ 1.106.00 $ 501.21

VETERANS' HOUSING

$ 5.743.10 $__________ $ 2.585.40 $ 3.157.70 $

348

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and Wacres

Supplies & Expense Eauipment

TOTAL AUXILIARY EXPEND.

$254.256.02 $

$ 94.676.86 $156.881.83 $ 2.697.33

TRANSFER TO: Plant Funds - Debt Service Plant Funds - Ohio Hall TOTAL TRANSFERS
TOTAL AUXILIARY DISB.

$ 1,189.76 1.200.00
$ 2.389.76
$256.645.78

STUDENT AID Scholarships Allstate Foundation TOTAL STUDENT AID
TOTAL CURRENT EXPENDITURES

$

$ 800.00 $

$ 800.00 $

2.500.00

2.500.00

$ 3.300.00 $

$ 3.300.00

$806.573.49 $56.373.75 $542.635.78 $277.205.93 $43.105.53

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1955
BALANCE OF PRINCIPAL, BEGINNING OF YEAR ADDITIONS:
Gain on Investments Income on Investments
TOTAL ADDITIONS DEDUCTIONS:
Transfer to General Funds BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan Funds

$ 64.684.09 $ 532.25

$ 2.353.82 $ 2.353.82
$ 2.353.82 $ 64.684.09 $ 532.25

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1955

ENDOWMENT FUNDS General Fund
George Leask Fund TOTAL ENDOWMENT FUNDS

Balance Beginning Of Year

Additions

Deductions

Balance End Of Year

$43,071.66 21.612.43
$64.684.09

$ 1,808.-82 $ 1,808.82 $43,071.66

544.00

544.00 . 21.612.43

$ 2.352.82 _JL 2.352.82 $64.684.09

349

FORT VALLEY STATE COLLEGE STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

LOAN FUNDS William Hubbard Fund
TOTAL TRUST FUNDS

Balance Beginning Of Year

Balance End Additions Deductions Of Year

_J $ 532.25 _$________ _________ $

532.25

$65.216.34 $2.352.82 $2.352.82 $ 65.216.34

SUMMARY OF INVESTMENTS For Year Ended June 30, 1955

ENDOWMENT FUNDS Government Bonds U. S. Treasury, 2-3/4% U. S. Treasury, Series G 2-1/2% U. S. Treasury, 2-1/4% TOTAL GOVERNMENT BONDS
Stocks Borg-Warner Corporation, 50 Shares Trust Company of Georgia, 30 Shares TOTAL STOCKS
Other Fort Valley State College Dormitory University System Building Authority Bonds TOTAL
TOTAL TRUST FUND INVESTMENT

Book Value Earnings

$ 1,600.00 $ 44.00

35,500.00

887.50

3.000.00

67.50

$40.100.00

999.00

$ 2,276.46 $ 288.75

9.750.00

600.00

$12.026.46 J L 888.75

$ 8,746.42 $ 405.07

2.000.00

60.00

$10.746.42 $ 465.07

$62.872.88 $2.352.82

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1955

EDUCATIONAL AND GENERAL Science Research Julius Rosenwrald Fund Morri11-Nelson Funds Vocational Funds Carnegie Foundation Agriculture Research TOTAL EDUCATIONAL & GENERAL

Balance Beginning of Year

Receipts For Year

Disbursements
For Year

Balance End Of Year

$ 2,044.98 300.00 .31
(->1,168.09

$ 2,500.00
32,236.00 10,302.69

$ 1,941.13
32,236.00 10,258.65

$ 2,603.85 300.00 .31
(->1,124.05

455.47 9.599.44 8.637.97

1.416.94

$ 1.632.67 $54.638.13 $53.073.75 $ 3.197.05

350

FORT VALLEY STATE COLLEGE STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

B. STUDENT AID Allstate Foundation Sears, Roebuck and Company TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

Balance Beginning of Year

Receipts For Year

Disburse ments
For Year

Balance End Of Year

$ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00

800.00

800.00

$ 2.500.00 $ 3.300.00 $ 3.300.00 $ 2.500.00

$ 4.132.67 $57.938.13 $56.373.75 $ 5.697.05

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1955

CURRENT FUNDS General Restricted Auxiliary Enterprises TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance July 1. 1954

Receipts For Year

Disburse ments Cash Balance
For Year June 30. 1955

$ 43,015.01 $536,026.87 $552,317.47 $ 4,132.67 57,938.13 56,373.75
16.734.76 244.436.81 256.645.78
63.882.44 $838.401.81 $865.337.00 $

26,724.41 5,697.05 4.525.79
36.947.25

$ 16.242.14 $ 40.947.38 $ 36.721.73 $ 20.467.79

67.191.43 $ 1.200.00 $ 22.143.71 J L 46.247.72

$ 1,064.02 $ 487.25
$ 1.551.27 $

784.69 $ 784.69 $

$ 1,848.71 487.25
$ 2.335.%

$ 148.867.28 $881.333.88 $924.202.44 $ 105.998.72

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Alumni Association Application Deposits Athletic Association Faculty Gift Fund Fraternities & Sororities Room Deposits Student Activities
TOTAL

Cash Balance July 1. 1954

Receipts For Year

Disburse ments
For Year

Cash Balance June 30. 1955

$

804.34 $ 407.00 $ 377.00 $

834.00

8,800.97

3,511.36

1,629.45

10,682.88

520.86 22,921.92 23,281.73

161.05

34.98

348.58

330.63

52.93

576.99

652.45

646.50

582.94

926.45

592.00

847.00

671.45

4,468.49 10,046.67

7,187.61

7,327.55

109.06

2.467.40

2.421.81

154.65

16.242.14 $ 40.847.38 $ 36.721.73 $ 20.467.79

351

FORT VALLEY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) EXPENDED FOR PLANT ADDITIONS (CONTINUED) IMPROVEMENTS OTHER THAN BUILDINGS Water System
EQUIPMENT Science Laboratory Agriculture Laundry Ohio Hall TOTAL EQUIPMENT
TOTAL EXPENDED FOR PLANT ADDITIONS
OTHER DEDUCTIONS: Loans Repaid to Endowment Funds Interest on Indebtedness TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant Additions

Funds for Debt Service Total

$ 1.436.66 $

$ 1.436.66

$ 85.00 $ 5,726.53 551.80
10.201.63 $16.564.96 $
$22.143.71 $

$ 85.00 5,726.53 551.80 10.201.63
$16.564.96
$22.143.71

$ $ ....... $22.143.71 $46.247.72

$ 784.69 $ 784.69

405.07

405.07

$1.189.76 $ 1.189.76

$1.189.76 $23.333.47

$ . . . $46.247.72

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1955
VALUE OF PLANT, JULY 1, 1954
ADDITIONS DURING YEAR Expended from Plant Funds Expended from General Funds & Included in Current Expenditures Expended from Auxiliary Funds & Included in Current Expenses Buildings & Contents Constructed by Univ. System Bldg. Auth. TOTAL ADDITIONS
VALUE OF PLANT JUNE 30, 1955
DEDUCT: Loans Payable to Endowment Fund Equity of University System Building Authority TOTAL DEDUCTIONS
NET INVESTMENT IN PLANT, JUNE 30, 1955

$2,748,217.03

$ 22,143.71 40,408.20 2,697.33
161.144.61

226.393.85

$2,974,610.88

$ 8,746.42 1.288.152.81

1.296.899.23

$1.677,711.65

352

FORT VALLEY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30t 1955

Balance

Balance

July 1. 1954 Receipts Disbursements Transfers June 30. 1955

Academic Building Administration Building Agriculture Improvements Davison Hall Deep Well Dining Hall Equip. & Repairs Home Management House Huntington Hall Infirmary Laundry Nursery School Ohio Hall Ohio Hall Equipment Patton Hall Trades Building Student Union - Davison Tennis Court Water System Science Laboratory General Plant Funds
TOTAL

$ 2,551.02 $

$

32,050.15

5,869.00

1,240.30

599.62

7,157.73

478.05

465.78

95.53

4,241.54

246.75

261.25

8,500.00 1,200.00

943.09

476.13

311.63

1.38

1,461.18

110.40

130.90

$ 67.191.43 $1.200.00 $

458.44 $

$

5,726.53 897.14
221.43 290.25 1,208.29

(-1599.62 599.62

551.80 355.88
10,201.63 500.0 210.66

(-1261.25 261.25

1,436.66 85.00
22.143.71 $__________ $

2,092.58 32,050.15
142.47 343.16
7,535.92 187.80
(-1742.51 95.53
3,689.74 (-1109.13
(-1240.38 443.09 265.47 311.63 1.38 24.52 25.40 130.90
46.247.72

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

BALANCE, BEGINNING OF YEAR
ADDITIONS: Transfer from Auxiliary Enterprises
DEDUCTIONS: EXPENDED FOR PLANT ADDITIONS BUILDINGS AND ADDITIONS Academic Building Davison Hall Dining Hall Home Management House Huntington Hall Nursery School Patton Hall Trades Building TOTAL BUILDINGS

Funds for Plant Additions

Funds for Debt Service Total

$67.191.43 $

$67.191.43

1.200.00 1.189.76 2.289.76

$ 458.44 $ 897.14 221.43 290.25
1,208.29 355.88 500.00 210.66
$ 4.142.09 $

$ 458.44 897.14 221.43 290.25
1,208.29 355.88 500.00 210.66
$ 4.142.09

353

FORT VALLEY STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1955

LAND Campus, 97 Acres Farm, 50 Acres Farm, 219.65 Acres Farm, 130 Acres Farm, 138.9 Acres Farm, 10 Acres
TOTAL LAND
BUILDINGS Academic Agricultural Science (Bldg. Auth.) Band Room Barn, General Purpose Barn, Beef Cattle Barn, Cattle Barn, Dairy Brooder Houses Carnegie Building Davison Hall Demonstration Cottage Demonstration School (Bldg. Auth.) Dining Hall Faculty House #1 Faculty House *2 Faculty House #3 Faculty House, 706 South Macon Faculty House, 710 South Macon Farm House *1 Farm House #2 Farm House #3 Farm House #4 Farm House *5 Farm House #6 Feed House Field House Garages (2) Home Management House Hunt Library (Bldg. Auth.) Huntington Hall Infirmary Jeanes Hall (Bldg. Auth.) Laundry Laying Houses (2) Nursery School Ohio Hall Patton Hall Post Treatment House

Investment

Year

Beginning

Acauired Of Year

Addition

Investment End Of Year

1895 1940 1943 1950 1952 1954
1929 1954 1915 1953 1954 1915 1926 1945 1925 1948 1920 1954 1932 1941 1941 1941 1934 1924 1953 1953 1920 1920 1920 1910 1948 1940 1940 1953 1952 1908 1934 1952 1916 1947 1938 1930 1937 1954

$ 9,765.00 $ 3,075.00 9,262.00 15,763.40 15,122.70 300.00
_ 53.288.10 A

$ 9,765.00 3,075.00 9,262.00 15,763.40 15,122.70 300.00
$ 53.288.10

$ 124,597.96 $ 458.44 $ 125,056.40

269,602.41 133,924.79

403,527.20

250.00

250.00

16,903.33

16,903.33

1,194.72

1,194.72

270.00

270.00

3,000.00

3,000.00

200.00

200.00

30,116.25

30,116.25

227,839.09

897.14

228,736.23

1,850.00

1,850.00

208,634.73

5,189.14

213,823.87

51,316.49

51,316.49

2,700.00

2,700.00

2,700.00

2,700.00

3,000.00

3,000.00

4,366.00

4,366.00

3,600.00

3,600.00

4,925.27

4,925.27

4,925.27

4,925.27

250.00

250.00

340.00

340.00

486.00

486.00

400.00

400.00

100.00

100.00

500.00

500.00

2,635.00

2,635.00

31,534.69

290.25

31,824.94

217,956.31

3,748.16

221,704.47

39,138.38

1,208.29

40,346.67

18,222.19

18,222.19

498,817.86

13.20

498,831.06

4,215.00

4,215.00

600.00

600.00

4,858.25

355.88

5,214.13

114,055.59

114,055.59

63,739.40

500.00

64,239.40

4,400.00

4,400.00

354

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN P U N T (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Addition

Investment End Of Year

B. BUILDINGS (CONTINUED) Potato House Poultry House Presidents Home Shed, Equipment Shed, Miscellaneous Storage Warehouse Trade Building Turkey House Veteran Apartments TOTAL BUILDINGS

1924 1954 1900 1953 1921 1953 1926 1949 1946

C. IMPROVEMENTS OTHER THAN BUILDINGS Deep Well Fencing and Pastures Irrigation System Landscaping Tennis Courts Water System TOTAL IMPROVEMENTS

D. EQUIPMENT Administration Offices Agricultural Science Bldg. (Bldg. Auth.) Physical Plant Library Library (Bldg. Auth.) Dormitories Dormitories (Bldg. Auth.) Dining Hall Demonstration School (Bldg. Auth.)
Farm Related Activities Laundry
TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

$

540.00

9,620.50

16,452.74

9,867.95

350.00

10,955.26

32,017.19

400.00

20.000.00

$2 .064.443.83

$ 3,881.53
210.00 $150.677.48

$

540.00

13,502.03

16,452.74

9,867.95

350.00

10,955.26

32,227.85

400.00

20.000.00

$2.215.121.31

$ 22,017.87 $ 3,851.69

$ 22,017.87 3,851.69

2,433.94

2,433.94

3,852.86

3,852.86

498.62

498.62

53.495.70

1.436.66

54.932.36

$ 86.150.68 $ 1.436.66 $ 87.587.34

$ 25,730.15 $ 1,821.27 $ 27,551.42

1,718.61

1,718.61

239,261.04 20,902.92

260,163.96

108,255.06 15,913.24

124,168.30

18,515.70

18,515.70

40,268.16 11,368.79

51,636.95

41,873.22

41,873.22

22,469.71

1,250.39

23,720.10

622.42 16,550.71

17,173.13

45,244.73

3,700.77

48,945.50

223.05

223.05

1.871.18

1.053.01

2.924.19

$ 544.334.42 $ 74.279.71 $ 618.614.13

$2.748.217.03 $226.393.85 $2.974.610.88

355

SAVANNAH STATE COLLEGE

BALANCE SHEET JUNE 30, 1955

ASSETS

CURRENT FUNDS A. GENERAL
Cash on Hand and in Bank Accounts Receivable Due from Auxiliary Funds
TOTAL GENERAL FUNDS

$(-023,789.83
23,743.58 12.000.00
$

11,953.75

B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores Inventory

$ (-0988.23 10,709.42 8,051.43

TOTAL AUXILIARY

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

TOTAL AGENCY FUNDS

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank Due from Auxiliary Funds

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

TOTAL PLANT FUNDS

TOTAL ASSETS

17.772.62 $ 29,726.37

$ 20.252.06

20,252.06

$ 6,405.76 9.724.97 $ 16,130.73

$ 109,296.87 1,835,856.79 451,736.13 466.755.47

2.863.645.26

2.879.775.99

$2.929.754.42

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $2,342,000.

358

SAVANNAH STATE COLLEGE
BALANCE SHEET JUNE 30, 1955
LIABILITIES

CURRENT FUNDS A. GENERAL
Accounts Payable Reserved for Unearned Income Unappropriated Surplus
TOTAL GENERAL FUNDS

3,549.66 8,241.55
162.54 $

11,953.75

B. AUXILIARY Accounts Payable Due to E & G Due to Unexpended Plant Funds Reserve for Stores Inventory Unearned Income Deficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS

$ 6,476.48 12 ,0 0 0 . 0 0 9,724.97 8,051.43 3,713.69
(-122.193.95

17.772.62 $

29,726.37

$ 20.252.06

20,252.06

III. PLANT FUNDS A. UNEXPENDED
Fund Balance
B. EXPENDED Equity of the University System Building Authority Due to University of Georgia Invested in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES, SURPLUS AND FUND BALANCES

$ 16,130.73

$ 904,781.22 21,358.48
1.937.505.56

2.863.645.26

2.879,775.99

$2.929.754.42

359

SAVANNAH STATE COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30. 1955

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees TOTAL STUDENT FEES

$ 5,442.87 76.541.48 11.030.48 20,014.84 1.855.40 $ 114,885.07

PUBLIC APPROPRIATIONS State of Georgia Chatham County Board of Education State Department of Vocational Education Division of General Extension TOTAL GOVERMENT FUNDS

$ 436,325.00 14,001.70 14,861.56 3.248.17

468,436.43

SALES AND SERVICES OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME AUXILIARY ENTERPRISES
COLLEGE CENTER

2,644.53 1.399.00
$ 587,365.03
$ 46,689.99

DINING HALL

94,024.36

DORMITORIES Faculty Cottages Hubert Hall Parsons Hall Wright Hall TOTAL DORMITORIES

$ 6,556.67 17,505.96 3,932.74 16.103.48

44,098.85

LAUNDRY TOTAL AUXILIARY INCOME TOTAL CURRENT INCOME

9.686.13 194.499.33
$ 781.864.36

360

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30t 1955

Total

Object Classification

Operating

Salaries

Supplies &

& Wages

Expense

Eauipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Alumni and Public Relations Business Office Admin. & General Expense President's Office Registrar's Office TOTAL ADMINISTRATIVE & GENERAL

$ 9,454.07 18,260.08 30,112.82 14,536.47 16.816.84
$ 89.180.28

$ 6,918.65 16,257.91 5,561.66 12,784.70 13.292.13
$ 54.815.05

$ 2,238.05 1,489.05
24,551.16 1,436.79 2.944.47
$ 32.659.52

$ 297.37 513.12
314.98 580.24 $ 1.705.71

STUDENT WELFARE PLANT OPERATIONS

$ 25.373.99 $ 21.906.71 $ 3.018.28 $ 449.00 $106,714.74 $ 49.173.25 $ 49.277.07 $ 8.264.42

LIBRARY

$ 27.605.62 $ 16.517.21 $ 857.52 $10,230.89

INSTRUCTION Dean of Faculty Biology Business Chemistry Economics Education Fine Arts Health & Physical Education Home Economics Industrial Arts Languages & Literature Mathematics & Physics Social Science Training School Summer School TOTAL INSTRUCTION

$ 35,077.61 16,561.90 13,921.70 9,760.23 5,742.21 28,975.03 20,351.78 19,902.09 22,558.16 41,616.34 36,923.06 20,433.47 30,824.13 16,888.23 39.071.93
$358,607.87

$ 23,235.00 12,750.00 13,000.00 8,438.79 5,650.00 27,931.67 15,550.00 18,600.00 18,700.00 31,775.61 35,251.65 18,720.69 30,709.00 16,294.50 38.480.25
$315,087.16

$ 10,100.28 920.35 431.70 986.64 92.21 949.11
1,215.19 390.56
2,426.14 8,112.79
625.55 686.10
4.23 220.83 591.68 $ 27.753.36

$ 1,742.33 2,891.55 490.00 334.80
94.25 3,586.59
911.53 1,432.02 1,727.94 1,045.86 1,026.68
110.90 372.90
$15,767.35

RESEARCH GENERAL EXTENSION

$ 395.20 $

$

$ 4.094.61 $ 3.164.44 $

395.20 J ________ 9flQl 17 $

TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS $611,972.31 $460,663.82 $114,891.12 $36,417.37

B. AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL

$ 51.488.42 $ 8.628.07 $ 41.981.10 $ 879.25 $100,975.99 $ 16.445.25 $ 83.053.12 $ 1.477.62

361

SAVANNAH STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) DORMITORIES Faculty Cottages Hubert Hall Parsons Hall Wright Hall TOTAL DORMITORIES
LAUNDRY
TOTAL AUXILIARY ENTERPRISES
TRASFERS TO: Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies &

& Waqes

Expense

Equipment

$ 8,521.24 $ 3,592.09 $ 4,929.15 $

13,340.74

5,209.01

8,068.57

63.16

5,678.67

1,995.62

3,683.05

16.686.09

6.867.05

9.531.54

287.50

$ 44.226.74 $ 17.663.77 $ 26.212.31 $ 350.66

$ 9.782.43 $ 7.193.88 $ 2.461.07 $ 127.48

$206,473.58 $ 49.930.97 $153,707.60 $2,835.01

2.017.00 $208.490,58 $820.462.89

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1955

Balance

Receipts

July 1. 1954 For Year

Disbursements

Balance June 30. 1955

$

817.45

n 13.003.02 13.820.47

$587,365.03 194.499.33
$781,864.36

$611,972.31 208.490.58
$820,462.89

$( -)23,789.83 (-)988.23
$(-)24.778.06

20.358.75 $106,724.91 $106,831.60 $
L 12.301.97 $ 6.117.00 $ 12.013.21 $ L 46.481.19 $894,706.27 $939,307.70 $

20.252.06 6.405.76 1.879.76

362

SAVANNAH STATE COLLEGE BANK BALANCES
Liberty National Bank and Trust Company Educational and General Auxiliary Enterprises Agency Funds Petty Cash TOTAL BANK BALANCES

$(-)18,585.32 (->1,030.41 20,895.49
______ 600.00 $ 1.879,76

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1955

Campus Chest Class Accounts Due From Vocational Rehabilitation Federal Excise Tax Payable Scholarships, Awards, and Prizes Student Activities Student Clubs, Organizations, Etc. Student Deposits State Sales Tax Payable Due from University System Bldg. Auth. Teachers' Retirement Withholding Tax
TOTALS

Fund Balance Receipts July 1. 1954 For Year

Disbursements

Fund Balance June 30. 1955

$ 1,543.46 $ 2,029.36 $ 2,417.98 $

926.36

599.12

514.77

1,154.84 1,010.71

30.00

48.00

(->18.00

1.77

46.64

47.68

.73

380.48

2,621.50

2,721.00

280.98

3,080.90 29,664.92 29,293.67

3,452.15

2,600.25

3,988.34

5,622.78

965.81

11,824.75

4,245.87

2,021.62

14,049.00

.78

956.13

899.82

57.09

701.25

(->701.25

19,102.90 19,102.90

43.440.13 43.440.13

$ 20.358.75 $106,724.91 $106,831.60 $ 20.252.06

SAVANNAH STATE COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1955

Funds for Plant Additions

Funds for Debt Service

Total

BALANCE, BEGINNING OF YEAR
ADDITIONS Regents Allotment Transfer from Auxiliary Enterprises TOTAL ADDITIONS PLUS BALANCE
DEDUCTIONS Buildings and Additions to Buildings Camilla Hubert Hall College Center Hammond Hall Herty Hall Meldrim Hall Morgan Hall Trades Building TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Development of Athletic Plant Water System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Indebtedness Retired and Other Deductions Payment to University of Georgia
Other Expenditures Not Capitalized Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$12,301.97 $

$12,301.97

$ 6,117.00 $

$ 6,117.00

2.017.00 2.017.00

$18,418.97 $2,017.00 $20,435.97

$ 714.68 $ 3,574.19 542.24 1,111.76 1,865.16 693.85 1.521.05
$10,022.93 $

$ 714.68 3,574.19 542.24 1,111.76 1,865.16 693.85 1.521.05
$10,022.93

$ 872.00 $ 1.118.28
$ 1.990.28 $

$ 872.00 1.118.28
$ 1.990.28

$

$1,336.16 $ 1.336.16

1__

$ 680.84 $ 680.84

$12,013.21 $2,017.00 $14,030.21

$ 6.405.76 $

$ 6.405.76

364

SAVANNAH STATE COLLEGE
SUMMARY OF INVESTMENT IN P U N T As of June 30t 1955
-VALUE OF PUNT, JULY 1, 1954
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
Buildings and Contents Constructed and furnished by University System Building Authority
TOTAL ADDITIONS
VALUE OF PUNT, PLUS ADDITIONS, JUNE 30, 1955
DEDUCTIONS DURING YEAR Old Steam Distribution Lines Inventory Adjustments
TOTAL DEDUCTIONS
VALUE OF PUNT, JUNE 30, 1955
DEDUCT Equity of University System Building Authority Loans Payable, Due to University of Georgia
INVESTMENT IN PUNT, JUNE 30, 1955

$2,644,059.08

$ 12,013.21 36,417.37 2,835.01

191.016.32 242.281.91
$2,886,340.99

$ 18,539.51 4.156.22
22.695.73
$2,863,645.26

$904,781.22 21.358,48

926.139.70

$1.937.505.56

STATEMENT OF INVESTMENT IN P U N T For Year Ended June 30, 1955

Investment

Year

Beginning

Acauired Of Year

Additions

Investment End of Deductions Year

UND Campus Off-Campus
TOTAL U N D
BUILDINGS Adams Hall Band Stand Building #41 Camilla Hubert Hall Central Heating Plant (Bldg.
Authority)

1890
1932 1941 1952 1937 1954

$ 108,550.37 $

$

746.50

$ 109.296.87 $

$

$ 71,974.46 $ 600.00
15,228.93 154,741.13
129,000.00

$ 714.68

$/108,550.37 746.50
$ 109.296.87
$ 71,974.46 600.00
15,228.93 155,455.81
129,000.00

365

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Accruired Of Year

Additions

Investment End of Deductions Year

BUILDINGS (CONTINUED) College Center Concession Stand Cottage #1 Cottage #2 Cottage #3 Cottage #4 Cottage *5 Cottage #6 Cottage #7 Cottage #8 Cottage Farm Shop & Cannery Field House Fine Arts Building Garage Hammond Hall Herty Hall Hill Hall Hodge Hall Infirmary Information House Maintenance Shop Masonry Shop Meldrim Hall Morgan Hall Paint Shop Parsons Hall Powell Laboratory School Storage Sheds (3) Maint. Trades Building White Hall Wilcox Wiley Hall (Bldg. Authority) Wright Hall (Bldg. Authority)
TOTAL BUILDINGS

1947 1951 1903 1908 1908 1931 1932 1908 1908 1936 1951 1938 1938 1947
1908 1938 1905 1938 1947 1938 1921 1939 1923 1936 1938 1890 1935 1939 1945 1951 1934 1955 1955

IMPROVEMENTS OTHER THAN BLDGS. Campus Lighting System Central Heating System (Bldg.
Authority) Development of Athletic Area
Sewerage Disposal System (Bldg #
Authority) Steam Distribution Lines Streets and Sidewalks Telephone System Water System
TOTAL IMPROVEMENTS

$ 13,024.65 $ 3,574.19 $ 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

20,149.11

5,270.00

21,996.59

500.00

30,828.75

542.24

73,571.83

1,111.76

160,501.37

13,874.46

19,884.77

650.00

9,180.00

5,373.90

167,265.49

1,865.16

53,762.02

693.85

5,330.22

57,123.19

21,018.04

2,100.00

30,570.13

1,521.05

41,479.46

92,580.32

102,862.63 86,792.19

351.925.81

1.376.21

$1,,737.665.46 $ 98.191.33 $

$ 16,598.84 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
20,149.11 5,270.00
21,996.59 500.00
31,370.99 74,683.59 160,501.37 13,874.46 19,884.77
650.00 9,180.00 5,373.90 169,130.65 54,455.87 5,330.22 57,123.19 21,018.04 2,100.00 32,091.18 41,479.46 92,580.32 189,654.82 353.302.02 $1.835.856.79

$ 58,889.94 $

$

$ 58,889.94

34,766.13 17,387.18

69,735.95 872.00

104,502.08 18,259.18

172,132.77 18,539.51

18,539.51

172,132.77

35,200.00 800.00
60.833.88

1.118.28

35,200.00 800.00
61.952.16

$ 398,549.31 $ 71.726.23 $18.539.51 $ 451.736.13

36

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT Administrative Offices Personnel Services Physical Plant Physical Education (Bldg. Authority) Library Instructional Departments Extension College Center Dining Hall Dormitories Dormitories (Bldg. Auth.) Faculty Cottages Laundry TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment

Year

Beginning

Acquired Of Year

Additions

Investment End of Deductions Year

$ 23,490.32 $ 1,705.71 $ 243.81 $ 24,952.22

6,750.33

449.00

312.61

6,886.72

60,327.83

9,556.51

69,884.34

2,944.72

2,944.72

81,607.80 10,230.89 8,093.67

83,745.02

157,870.06 18,175.54

335.17

175,710.43

966.50

966.50

8,609.45

3,286.13

11,895.58

16,781.68

1,477.62

18,259.30

17,847.60

638.16 1,124.03

17,361.73

30,167.25

30,167.25

8,620.48

441.59

8,178.89

15.675.29

127.48

15.802.77

$ 398.547.34 $ 78.759.01 $10,550.88 $ 466.755.47

$2,644,059.08 $248,676.57 $29,090.39 $2,863,645.26

367