Annual financial report, University System of Georgia, for the year ended June 30, 1956

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ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA
For The Year Ended June 30, 1956
Regents of th University System of Georgia 244 Washington Street, S. W. Atlanta

BOUND BY THE NATIONAL LIBRARY BINDERY CO OF aa

BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

TABLE OF CONTENTS
Letter of Transmittal ............. ..................... Summary ................................................. Consolidated Statements ................................. University System of Georgia - General Activities ...... University of Georgia - S u m m a r y ........... ............ . University of Georgia - Consolidated ................... University of Georgia, Athens .......................... Agricultural Extension Service, Athens ................. Agricultural Experiment Station - General .............. Agricultural Experiment Branch Stations ................ College Experiment Station, Athens ..................... Georgia Experiment Station, Experiment ................. Georgia Coastal Plain Experiment Station, Tifton ....... Georgia Institute of Technology, Atlanta ............... Georgia State College of Business Administration, Atlanta Medical College of Georgia, Augusta .................... North Georgia College, Dahlonega ....................... Georgia State College for Women, Milledgeville ........... Georgia Teachers College, Collegeboro ................... Valdosta State College, Valdosta .... .................... Georgia Southwestern College, Americus ........ ......... West Georgia College, Carrollton ........................ Middle Georgia College, Cochran ......................... South Georgia College, Douglas .................. ........ Abraham Baldwin Agricultural College, Tifton ............ Albany State College, Albany ............................
Fort Valley State College, Fort Valley .................. Savannah State College, Savannah ........................
3

TABLE OF CONTENTS

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

Summary .....................

^

Consolidated Statements .................................................. *6

University System of Georgia - General Activities ....................... 35

University of Georgia - Summary .......................................... 43

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

57

University of Georgia, Athens ................

63

Agricultural Extension Service, Athens ................................... 123

Agricultural Experiment Station - General ................................ 133

Agricultural Experiment Branch Stations .................................. 137

College Experiment Station, Athens ....................................... 145

Georgia Experiment Station, Experiment .......... ...................... 157

Georgia Coastal Plain Experiment Station, Tifton ........................ 169

Georgia Institute of Technology, Atlanta ................................. 181

Georgia State College of Business Administration, Atlanta ............... 229

Medical College of Georgia, Augusta ...................................... 239

North Georgia College, Dahlonega ....................................... 255

Georgia State College for Women,Milledgeville ............................ 267

Georgia Teachers College, Collegeboro .................................... 283

Valdosta State College, Valdosta ......................................... 295

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

West Georgia College, Carrollton ......................................... 317

Middle Georgia College, C o c h r a n .........

327

South Georgia College, Douglas .................................... .....337

Abraham Baldwin Agricultural College, Tifton .................. ........ 347

Albany State College, Albany ............................................. 359

Fort Valley State College, Fort Valley ................................... 369

Savannah State College, Savannah ......................................... 3

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MFMRFRS (F THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA
June 30, 1956

Robert 0. Arnold Charles J. Bloch Morris M. Bryan, Jr. Howard H. Callaway Roy V. Harris Mrs. William Healey John J. McDonough Quimby Melton, Jr. C. L. Moss David F. Rice John I. Spooner Freeman Strickland Francis Stubbs, Sr.
Carey Williams Everett Williams

Covington Macon Jefferson Hamilton Augusta Atlanta Atlanta Griffin Calhoun Atlanta Donalsonville Atlanta Douglas Greensboro Statesboro

Term Expires
1963 1957 1959 1958 1958 1960 1957 1963 1959 1961 1961 1960 1957
1962 1962

Officers of the Board of Regents

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

*0n Leave.

4

R EG EN T S O F TH E U N IVERSITY SYSTEM OF GEORGIA 244 WASHINGTON STREET, S. W. ATLANTA
Oiancellor Harmon W. Caldwell University System of Georgia Dear Oiancellor Caldwell:
I am submitting herewith the annual financial report of the University System of Georgia for the fiscal year ended June 30, 1956.
This represents the ninth 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.
Respectfully submitted,
James A. Blissit, Treasurer February 1 , 1957
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, 1956. This report has been prepared generally in accordance with the recommendations of the National Committee on the Prepration ol 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 $17,525,780

The General Appropriations Act of 1953 continued in effect during the fiscal year 1955-56. The regular appropriation included in this act was $12,233,000; however, the six per cent reduction made by the action of the Governor as Director of the Budget durinq 1953-54 was continued into 1955-56 reducing the amount received under the General Appropriation Act of 1953 to $11,499,020. This amount was supplemented, however, by special appropriations approved by an Extraordinary Session of the General Assembly durinq 1955, totaling $4,543,233. These amounts were further supplemented by the continu ation of special appropriations approved by the Budget Bureau during 1954-55 which amounted to $297,200; and by special appropriations totaling $1,186,327 which were approved by e Budget Bureau during 1955-56. The amounts received from the regular appropriation and
from special appropriations are set forth below.

Regular Appropriation

$11,499,020

Special Appropriations Approved by Extraordinary Session of General Assembly, 1955, for Board of Regents Eugene Talmadge Memorial Hospital

$3,132,000 1.411.233

4,543,233

Special Appropriations Approved During 1954-55 Continued for 1955-56, for Development of Poultry Department, Univ. of Ga. Development of Forestry School, Univ. of Ga. Participation in Regional Pink Boll Worm Project Operation of School of Nursing, Medical College
of Georgia Increased Aid for Indigent Patient Care, Medical
College of Georgia

$ 63,500 100,000 15.000
81,200
37.500

297,200

Special Appropriations Approved During 1955-56 for Further development of Rock Eagle Project Construction of Campus Road, University of Ga. Development of Negro 4-H Club Center Development of Poultry Disease Research Plant at University of Georgia Acquisition of land, buildings, and equipment, Coastal Plain Experiment Station Acquisition of Property, Georgia Institute of Technology Development of Industrial Economics Research Program, Georgia Institute of Technology Development of Reactor & Radio Isotopes Laboratory, Georgia Institute of Technology

$ 103,700 49,187
200,000
238,440
92.000
33.000
50.000
300,000

6

Construction of Annex to Practice School, Albany State College
Total State Appropriation Received

$ 120.000 $ 1.186.327 $17.525.780

The total appropriation of $17,525,780 received during the year was $5,288,344 greater than for the previous year; however, if the increased appropriation for the operation of the Eugene Talmadge Memorial Hospital is excluded, the increased appropriation then becomes $4,022,111.

The balance in the Regents Allotment Account on July 1, 1955, was $311,031. During the year this account was increased by a State Appropriation of $17,525,780 as referred to above plus an amount of $6,190 interest earned on temporary investments, making a total available for allocations of $17,843,001. Of this amount, the Board of Regents approved allocations totaling $17,175,146 leaving an unallocated balance at June 30, 1956, of $667,855.

Total Income for Current and Plant Purposes amounted to $38.952.947; and increase of 22.1%.
The University System received income during the year for current and plant purposes in the amount of $38,952,947. The general souurces of income are set forth below in 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 Student Aid
Total Income

1954-55

1955-56

Increase or (Decrease)

$12,237,436 $17,525,780 $ 5,288,344

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

13,968,688 6,352,018
778,463 327.998

1,546,717 408,345 (210,747) 16.834

$31,903,454 $38,952,947 $ 7.049.493

Total Expenditures for the year amounted to $36.944.450; an increase of 13.9%.

The expenditures for current operations and plant additions and improvements made during the year are compared below with the expenditures for 1954-55:

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

1954-55

1955-56

Increase

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

$25,018,477 5,288,388 6,009,217 628.368

$ 3,114,696 72,934
1,212,147 105.044

$32,429,629 $36,944,450 $ 4.504.821

Income for Educational and General Purposes increased by 17.8% over previous year.
The income received during the year for Educational and General operations is compared in the summary below with the income received during the previous year:

7

Source

1954-55

Amount

%

1955-56

Amount

JL

Increase, or (Decrease)

Amount

__ --

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

$ 3,505,178 1,073,612 720^720 325.426

15.6 4.8 3.2 1.5

$ 3,878,208 1 ,116,8 06 619,490
368.525

14.7 4.2 2.3 1.4

$ 373,030 43,194
(101,230) 43.099

$ 5.624.936 25.1 $ 5.983.029 2 2 .6 $ 358.093

$ 852,829 3.8 $ 1,276,479 4.8 $ 423,650

3,425,876 2,451,908
66.422

15.3 10.9
0.3

3,824,726 14.5 2,797,882 10 .6
86.572 0.3

398,850 345,974
20.150

$12,421,971 55.4 $13,968,688 52.8 $1,546,717

10.005.745 44.6 12.460.077 47.2 2.454.332

$22.427.716 100.0 $26.428.765 100.0 $4.001.049

10.6 4.0 (14.0) 13.2
6.4
49.7
11.6 14.1 30.3
12.5
24.5
17.8

The amount of income received from student fees as compared with the previous year reflects the continued increase in enrollment during the regular academic decline in enrollment during the summer sessions resulted m the decrease m income fro student fees for this period of instruction.
As will be noted above, the State Appropriation made available to the various tutions for operations during 1955-56 was 24.5% greater than for the ^ e v i o u s this increase, $1,257,332 was for the operation of the Eugene Talmadge Memorial Hospit , leaving an increase of only $1,197,000 or 12.2% for the remaining institutions.

Educational and General Expenditures amounted to $25,018.477^

The expenditures for Educational and General purposes were $3,124,696 greater the expenditures for the previous year. These expenditures are compared by function m

the following table:

Function

1954-1955 Amount %

1955-56

Increase or (Decrease)

Amount

.?L_

Amount

___2L_

Administrative & General Student Welfare Plant Operations Library Instruction Activities Related to Ini Organized Research Agricultural Extension General Extension

$ 1,670,774 431,560
1,983,896 725,182
7,795^030* . 1 003 ^157*
4,054,550 3^1511199 l!078.433

7.6 2.0 9.1 3.3 35.6 4.6 18.5 14.4 4.9

$ 1,824,819 467,817
2,145,083 808,396
8,934,914 1,658,910 4,750,959 3,583,971
843.608

7.3 1.9 8.6 3.2 35.7 6.6 19.0 14.3
3.4

$ 154,045 36,257 161,187 83,214
1,139,884 655,753 696,409 432,772 (234.825)

9.2
8.4 8 .1 11.1 14.6
65.4
17.2
13.7 (2 1 .8)

Total

$21.893.781 100.0 $25.018.477 100.0 $3.124.696

14.3

Adjusted due to change in classification of expenditures,

8

As is noted above, certain changes have been made in the classification of some expenditures as included in the report for 1954-55. The expenditures for the operation of demonstration schools by the colleges of education have previously been reported under the classification of "Instruction." These expenditures have been classified in the report for 1955-56 as "Activities Related to Instruction" and these two classifi cations have been adjusted in the above comparison to reflect this change.
The large percentage increase in expenditures for the function "Activities Related To Instruction" is due for the most part to the increased expenditures for the operation of the teaching hospital of the Medical College. Of the total increase in this function, $625,088 is in the operation of the hospital. If this operation were excluded from the comparative figures, the increase for other activities would be 4 .7%.
The decrease indicated for General Extension does not correctly represent the activities of this function. The amount indicated for 1954-55 included the expenditures for the Southern Technical Institute, a branch of the Georgia Institute of Technology. For the year 1955-56, the expenditures of this branch were distributed among the classi fications of Administrative and General, Student Welfare, Plant Operations, and Instruction. It was not possible to adjust the amounts by functions for 1954-55 to cover this change in classification. When the expenditures of this branch for 1954-55 are excluded the comparison becomes $761,965 for 1954-55 and $843,608 for 1955-56; or an increase of $81,643 which is 10.7% over the previous year.

Educational and General Surplus increased to $2,487,887.

The University System ended the fiscal year with an Educational and General Surplus of $2,487,887 as compared with $1,298,095 at June 30, 1955. On an accrual basis as set forth in the Statement of Surplus to be found later in this report, income exceed expend itures by $1,379,040. Other surplus increases resulted iron an increase in the Regents Allotment Account of $350,634; and a transfer from other funds of $4,266; making a total increase in surplus of $1,733,940. The reductions in surplus were as follows: transfers to plant funds of $444,125; an increase in surplus reserves of $91,239; and surplus ad justments of $8,784.

The following summary of the Educational and General section of the Balance Sheed is given as a comparison of the assets and liabilities as of June 30, 1956, with those at the close of the previous year.

Assets
Cash and Temporary Investments Accounts Receivable Other Assets
Total Assets
Liabilities & Surplus
Accounts Payable Purchase Orders Outstanding Unearned Income Restricted Fund Balance Other Reserves Unappropriated Surplus
Total Liabilities & Surplus

Increase or June 30. 1955 June 30. 1956 (Decrease)

$ 2,604,239 $ 3,956,578 $ 1,352,339

298,758

387,408

88,650

25.391

12.337

(13.054)

2.928.388 $ 4.356.323 $ 1.427.935

$

134,027 $

48,414 $ (85,613)

171,734

292,332

120,598

484,950

526,972

42,022

826,528

858,847

32,319

13,054

141,871

128,817

1.298.095

2.487.887 1.189.792

$ 2,928,388

4,356.323 $ 1.427.935

9

Income from Auxiliary Enterprise Operations amounted to $6,352,018.

The income received from the various auxiliary enterprise operations during the year

1955-56 are set forth below in comparison with income received from similar sources during

the previous year.

Increase or

Source

1954-55

1955-56 (Decrease)

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

$1,232,533 $1,319,053 $

2,367,451 2,556,387

1,618,505 1,749,362

401,922

398,504

323.262

328.712

86,520 188,936 130,857
(3,418) 5.450

Total Income

$5,943,673 $6,352,018 $ 408,345

Auxiliary Enterprise Expenditures totaled $5.288,388.

The Auxiliary Enterprise expenditures for 1955-56 were only slightly greater than for the previous year. There is given below a comparison of the expenditures for the past two years.

Source
Dormitories Dining Halls Student Center and Bookstores Apartments and Dwellings Other Activities
Total Expenditures

1954-55

Increase or 1955-56 (Decrease)

$ 981,982 $ 890,683 $

2,128,445 2,223,544

1,549,595 1,680,225

251,676

216,986

303.756

276.950

(91,299) 95,099
130,630 (34,690) (26.806)

$5,215,454 $5,288,388 $ 72.934

A Net Income of $498.630 derived from the Operation of Auxiliary Enterprises.
As reflected in the Statement of Surplus found later in this report, the income from operations exceeded expenditures by $1,097,177. However, after providing for debt service requirements of $296,334 and replacement reserves of $302,213; the net income from operations amounted to $498,630. This represents a considerable improvement over the previous year 1955-56. An amount of $191,260 was transferred to plant funds, $4,266 was transferred to other funds, and surplus reserves were increased by $28,483. Therefore, the year's activities resulted in a net increase in surplus of $274,621. When this amount is added to the surplus of $575,279 at the beginning of the year, the resulting surplus at the end of the year amounted to $849,900.
Income for Student Aid amounted to $643.498.
Income was received during the year for student aid in the amount of $643,498. Of this amount, $315,500 was allocated by the Board of Regents from the State Appropriation; $260,000 for scholarships for Negro students attending institutions other than units of the University System; and $55,500 for the Southern Regional Education Board. Listed be low are the sources from which this income was received as compared with the previous year.

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Source
Endowment Income Gifts and Grants State of Georgia

1954-55

1955-56 Increase

$ 41,450 $ 43,651 $ 2 ,2 0 1

269,714

284,347 14,633

248.500

315.500 67,000

Total Income

559.664 $ 643.498 $83.834

Expenditures for Student Aid amounted to $628,368.

During the year, expenditures for student aid amounted to $628,368 as compared with $523,324 for the previous year. The expenditures are compared for the two year period in the following summary.

Fellowships Scholarships Other
Total Expenditures

1954-55

1955-56 Increase

$ 34,035 $ 46,484 $ 12,449

449,365

525,103 75,738

39.924

56.781 16,857

523.324 $ 628.368 $105.044

Agency Funds were held at end of Year amounting to $1,098,252

The University System held Agency Funds at June 30, 1956, having a total fund balance of $1,098,252. 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 $4,350,787.

The University System held Endowment Fund assets at June 30, 1956, in the amount of $4,350,787. This amount was composed of cash in the amount of $152,001 and investments totaling $4,198,786. Listed below is a summary of the investments at June 30, 1956, as compared with the investments at the end of the previous year.

U. S. Goverment 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
Total Investments

June 30. 1955 June 30, 1956

$ 1,048,810 $ 1,159,485

132,000

135,750

1,170,232

1,193,083

138,625 161,000

138,625 181,000

71,628

73,454

105,146

105,146

40,952

37,122

1,122,245 16.209

1,140,626 34.495

1 _ 4.006.847 $ 4.198.786

Of the above assets, $337 was due to other funds and the remainder represented fund balances.

11

Student Loan Fund Assets amounted to $1.156,369.

The total assets of Student Loan Funds at June 30, 1956, amounted to $1,156,369. This amount was composed of cash, $180,961; student notes receivable, $299,662; and investments totaling $675,746. The investments as compared with those at the end of the previous year were as fbllows:
June 30. 1955 June 30, 1956

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
Total Investments

$255,204 3,500
79,938 41,375
6,750 11,526 90,478 274,824
2.826
$766,421

$208,187 2,000
86,935 41,375
10,863 86,216 237,403
2.767
$675,746

The fund balances at June 30, 1956, were $50,385 less than at the close of the previous year. This is due to the transfer of certain funds formerly classified as Student Loan Funds to Endowment Funds.

Income for Plant Additions and Improvements amounted to $5.146.198.

During the year, income was received amounting to $5,146,198 for plant purposes. The various sources of this income are compared in the following summary with the income re ceived during 1954-55:

Source

1954-55

1955-56

State Appropriation Gifts and Grants Other Sources

$ 1,978,473 $ 4,391,569

824,110

557,134

165.100

197.495

Total Income

2.967.683 $ 5.146.198

and General Funds in the amount of

Plant Funds for plant purposes.

Plant Fund Expenditures amounted to $6.009.218.

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

1954-55

1955-56

Plant Additions Land Buildings and Additions Improvements Other Than Buildings
Equipment Debt Service (Principal and Interest)

$

98,943 $

319,520

2,081,789

2,473,105

108,769

251,354

173,343

392,795

285,256

365,333

12

Building Authority Rentals Other Expenditures
Total Expenditures

1954-55

1955-56

$ 1,621,140 $ 1,571,961

427.830

635,150

$ 4,797,070 $ 6,009,218

To obtain a complete picture of the plant activities it is necessary to look at the activities of the University System Building Authority. The Authority is not a part of the University System; therefore, its financial operations are not included as a part of this report. The Authority, which was activated in 1950-51, 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, 1956, the Authority had issued bonds totaling $20,500,000; of which $17,618,000 were outstanding. Funds were held in the Sinking and Reserve Funds in the amount of $1,489,956 for future debt service requirements. Forty-seven projects had been completed or were under construction as of June 30, 1956, with total expenditures as of that date amounting to $21,521,665. The Authority held funds at June 30, 1956, of $1,225,867 for the completion of unfinished projects and for the construction of additional projects. Of the total amount expended by the Authority for construction, $991,211 was expended during 1955-56. In addition to the annual rentals paid to the Authority by the University System, an amount of $1,394,761 has been paid to the Authority since the program was started as a supplement to construction funds. As will be noted above, the University System paid $1,571,961 to the Building Authority during 1955-56 as an annual rental for the use of these facilities.
Unexpended Plant Fund Balances amounted to $3,988,462.
Unexpended Plant Funds had assets at June 30, 1956, totaling $3,988,462. This amount was composed of cash amounting to $2,288,291; temporary investments, $1,645,036; and amounts due from other funds of $55,135. Of these assets, $269,594 was reserved for sinking fund purposes as required under the terms of a trust indenture for the retire ment of bonds issued by the Board of Regents for the benefit of the Georgia Institute of Technology; $76,485 was reserved for the Insurance and Hazard Reserve Fund; and $3,642,383 represented unexpended fund balances.
A total of $88,420,693 was invested in Plant.

The University System had an investment in physical plant assets at June 30, 1956, in the amount of $88,420,693. This represents an increase of $5,321,460 over the invest ment at the beginning of the year. The investment in plant as compared with that at June 30, 1955, is summarized as follows:

June 30, 1955 June 30, 1956

Land Buildings Improvements Other Than Buildings Equipment

$ 3,456,835 $ 3,778,350

56,173,205

59,369,862

4,508,690

4,753,757

18.960.503

20.518.724

Total Plant Assets

1 _ 83.099.233 $ 88.420.693

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

13

year 1953-54, an appraisal was made of the buildings of the University System. This appraisal has been brought up to date to include additions since that date and reveals a sound value of buildings as of June 30, 1956, amounting to $82,157,900 as compared with a book value on that date of $59,369,862. 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 1955-56, $174,000 of Series "A" Georgia Institute of Technology Revenue Bonds were retired, leaving a balance of $2,130,000 outstanding at the end of the year, $1,638,000 at 254%; and $492,000 at 2% with maturity dates to May 1, 1978.

In addition to the bonded indebtedness referred to above, a total of $1,378,029 was due to Endowment and Student Loan Funds for amounts invested in revenue producing projects at various units of the University System. This amount is being amortized over a period of years from the net income of the projects financed by these loans. This amount is invested in plant assets of the following units:

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

$1,035,574 174,773 31,400 128,354 7,928

Total

$1,378,029

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, 1956, amounted to $17,261,857 as against assets included of $21,521,665,
With a total investment in plant of $88,420,693; against which bonds were outstanding in the amount of $2,130,000; $1,378,029 was due to Endowment and Student Loan Funds; and an equity of $17,261,857 was held by the University System Building Authority; the Uni versity System had a net investment in plant of $67,650,807.
General Comments
On the following pages of this report will be found various consolidated statements relating to the year's operations, statements of Educational and General and Auxiliary Surplus, and the assets and liabilities of the University System at June 30, 1956. In 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 (F GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1956

ASSETS

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

$ 2,248,358.92 949,292.77 287,488.07 12,336.86

TOTAL GENERAL FUNDS
B. RESTRICTED Cash Investments (Temporary) Accounts Receivable
TOTAL RESTRICTED FUNDS
C. AUXILIARY Cash Investments (Temporary) Accounts Receivable Stores (Inventories)

$ 3,497,476.62

$ 544,926.60 214,000.00 99.919.95

858,846.55

$ 591,483.49 516,673.07 29,402.69 345,457.99

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

IX. AGENCY FUNDS Cash Investments Accounts Receivable

TOTAL AGENCY FUNDS

III.

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

TOTAL ENDOWMENT FUNDS

1.483.017.24

$ 697,886.54 381,314.50
19.051.30

$ 152,000.67

$ 1,159,485.00 135,750.00
1,193,082.91 138,625.00 181,000.00 73,453.65 105,146.09 37,122.54
1,140,626.62 34.494.70

4.198.786.51

5,839,340.41 1,098,252.34
4,350,787.18

16

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1956

LIABILITIES. SURPLUS. AND FUND BALANCES

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

$ 48,414.29 292,331.57 526,972.23 141,871.07
2.487.887.46

TOTAL GENERAL FUNDS

$ 3,497,476.62

B. RESTRICTED Fund Balance

$ 858,846.55

TOTAL RESTRICTED FUNDS
C. AUXILIARY Accounts Payable Due to Other Funds Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

858,846.55

$ 41,116.85 66,038.70 9,877.21 170,625.92
345,457.99 849.900.57

1.483,017.24 $ 5,839,340.41

$ 1,098,252.34

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Due to Other Funds Fund Balances

336.86 4,350,450.32

1,098,252.34

TOTAL ENDOWMENT FUNDS 17

4,350,787.18

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1956

ASSETS (CONTINUED)
IV. STUDENT LOAN FUNDS Cash Student Notes Receivable Investments U. S. Goverment Bonds State and Municipal Bonds University System Bldg. Auth. Bonds Ga. State Hospital Auth. Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments
TOTAL STUDENT LOAN FUNDS

$ 180,961.41 299,661.55

$ 208,187.00 2 ,000.00
86,935.33 41,375.00 10,863.15 86,216.38 237,402.57
2,766.88

675.746.31 $ 1,156,369.27

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

$ 2,288,281.30 1,645,036.24 55.134.70
$ 3,988,462.24

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

$ 3,778,350.24 59,369,862.27 4,753,756.30 20,518,723.83

TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS

88.420.692.64

92.409.154.88

$104.853.904.08

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $82,157,900.

18

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1956
LIABILITIES, SURPLUS & FUND BALANCES (CONTINUED)
IV. STUDENT LOAN FUNDS Fund Balances

$ 1,156,369.27

TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Reserve for Insurance & Hazard Fund Reserve for Bond Sinking Fund Fund Balances
TOTAL UNEXPENDED PLANT FUNDS
B. INVESTED IN PLANT Loans Payable to Endowment Funds Loans Payable to Student Loan Funds Bonds Payable Equity of University System Bldg. Auth. Investment in Plant
TOTAL INVESTED IN PLANT

$ 1,156,369.27

$ 76,484.89 269,594.54
3.642.382.81
$ 3,988,462.24

$ 1,140,626.62 237,402.57
2,130,000.00 17.261.856.72 67.650.806.73

88.420.692.64

TOTAL PLANT FUNDS ^ A L LIABILITIES, SURPLUS AND FUND BALANCES

92.409.154.88 ^3 5 3 19Q4 q q

19

UNIVERS ITY SYSTEM
STATEMENT OF EDUCATIONAL For Year Ended

Institution

STUDENT FEES

Non-Resident

Summer

Matriculation Tuition

School

Other

Gifts, Grants & Endowment

Senior Units (White)

University of Georgia

$

Continuing Educ. Center

Agrie. Exp. Stations

Agrie. Ext. Service

Ga. Institute of Technology

Engineering Exp. Station

Southern Technical Inst.

Engineering Ext. Div.

Ga. State College of Bus. Adm.

Medical College of Georgia

Eugene Talmadge Memorial

Hospital

North Georgia College

Ga. State College for Women

Georgia Teachers College

Valdosta State College

779,308.98 $ 394,521.24 *
838,966.60
196,401.39 232,874.77 626,743.81 138,477.55
79,684.25 76,279.00 101,770.61 54,713.14

176,155.77
757,816.69 48,960.66 72,930.41 25,114.28
3,118.20 6,170.00 6,557.84 1,371.13

$128,955.35
221,384.03
117,958.02
10,703.00 34,424.00 34,536.00 16,887.80

$118,540.51
128,717.06
13,762.35 4.904.00 3.185.00
642.00
8,178.06 10,805.75 14,483.95
9,220.10

$ 461,133.32 107,523.40 157,475.31 52,653.83 55,660.25 116,896.42
4,650.00 232,077.74
79,402.68 800.00

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

30,891.50 37,979.55 29,345.83 33,723.00 37,022.32

1 ,000.00 547.15
2.830.00 2.400.00 1.610.00

1,433.00 5,171.90
3,250.00

5,313.42 6,685.84 5,307.49 5,943.59 3,123.85

5,500.00

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

40,251.00 70,113.85 79,139.57

766.50 4,062.14 5,395.70

10,655.79 16,670.59 17,460.54

6,550.00 9,949.48 13,212.76

2,405.72 300.00

General & Other Central Office Soil Conservation Committee

TOTALS

$3.878.207.96 $1.116.806.47 $619.490.02 $368.525.21 $1.276,478.67

20

OF GEORGIA
AND GENERAL INCOME June 30, 1956

Governmental Other Than State
Allotment

Sales and Services

Other

Total Internal Income

State Allotment

Total Income Received

$

227,245.59 $ 89,934.18 $ 17,470.69 $ 1,998,744.39 $ 2,521,788.00 $ 4,520,532.39

18,264.46

520,309.10

69,100.00

589,409.10

722,574.88

770,723.54

14,260.82

1,665,034.55

1,042,939.00

2,707,973.55

2,552,382.25

115,011.92

1,750.00 2,721,798.00

866,250.00 3,588,048.00

151,809.09

22,538.52 2,176,892.24 1,706,500.00 3,883,392.24

27,138.95
88,21^.33 50,028.66

1,524,840.16
27,635.12 38,901.42
5,444.16 1,722.78 4,656.00 3,078.00

6,290.61 1,234.00
181.59 834.00 3,282.67 1,425.00 1 ,000.00

1,641,736.58 259,124.40 337,848.13 811,576.84 411,332.71 85,028.43 105,040.29 223,831.75 211,880.06 83,192.17

205,520.00 91,900.00
688,900.00 580,997.06 1,411,232.79 300,800.00 447,800.00 333,200.00 214,100.00

1,847,256.58 351,024.40 337,848.13
1,500,476.84 992,329.77
1,496,261.22 405,840.29 671,631.75 545,080.06 297,292.17

1,179.79

23,831.69

346.38 5,280.10

38,637.92 57,064.23 37,483.32 42,412.97 74,117.96

113,150.00 134,950.00 109,250.00 114,350.00 140,200.00

151,787.92 192,014.23 146,733.32 156,762.97 214,317.96

23,663.53 97,287.87 35,010.05

1,123.60 16,924.87
3,980.77

2,661.58 325.00
1,495.25

85,672.00 217,739.52 155,994.64

292,700.00 424,300.00 481,650.00

378,372.00 642,039.52 637,644.64

6,195.60

6,195.60

145,000.00 23,500.00

151,195.60 23,500.00

$ 3.824.725.90 $2,797,881.76 $ 86.571.81 $13,968,687.80 $12,460,076.85 $26,428,764.65

I I

21

Insti t.iit.lon
Senior Units (White) University of Georgia Continuing Education Center Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Engineering Experiment Station Southern Technical Institute Engineering Extension Division Georgia State College of Business Administration Medical College of Georgia Eugene Talmadge Memorial Hospital 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 & Other Central Office Soil Conservation Committee
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For Year Ended

Administrative and General

Student Welfare

Plant Operations

$ 248,911.25 69,304.11 134,904.52

$141,382.24 $ 587,536.43 89,174.02

310,842.04

141,473.04

565,857.29

55,702.97

2,242.79

57,522.05

151,010.97 85,379.64

29,662.20

186,960.36 58,864.15

51,635.73 77,655.11 61,832.85 56,502.27

23,859.54 26,413.41 18,003.50
9,047.38

58,168.35 85,879.69 70,302.04 57,289.55

34,384.85 30,493.30 32,842.24 32,132.64 28,513.84

1,154.12 3,782.91 3,259.21 5,943.39 2,776.67

25,515.62 22,864.21 24,549.68 18,449.33 28,059.50

67,965.63 78,839.60 92,621.05

15,866.64 15,358.82 27,591.53

44,829.92 89,328.52 73,932.09

123,344.37

$1.824.818.98 $467.817.39 $2.145.082.80

OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1956

$ 256,149.72 $2,383,046.93 $ 260,952.11
15,303.20

210,898.82 2,264,242.13

94,242.34 12,046.94
20,634.67 31,540.83 28,607.13 13,798.47

242,866.14
979,780.35 514,205.64
219,998.49 310,475.81 265,835.21 146,325.57

6,166.47 8,550.05 6,372.30 5,335.20 9,910.71

74,501.93 106,805.57
71,434.70 81,805.89 97,127.65

17,256.76 41,519.88 30,062.01

207,321.13 326,394.34 381,794.52

808.395.50

.934.914.11

100,451.01 246,887.60
3,145.34 972,382.42 106,693.73
78,786.33

$ 428,653.47 2,169,425.16 1,299.89 1,930,983.34
12,959.17 191,574.67
624.33

$ 288,219.03 168,253.83
3,583,971.33
288,722.74 13,004.35
11,730.73

$ 4,434, 350.08 498, 510.05
2,655, 694.50 3,583, 971.33 3,494, 613.21 1,930, 983.34
358, 333.95 288, 722.74 1,467, 619.74 865, 216.38 972, 382.42 374, 296.78 651, 013.64 523, 367.06 282, 963.24

33,590.26
27,660.00 89,313.29

14,767.98 671.00

25,513.55 8,666.44
6,187.22 5,035.04

141,722.99 198,009.59 138,458.13 143,666.45 208,645.07
380,900.08 661,709.65 611,707.24

28,274.91

123,344.37 28,274.91

23

UNIVERSITY SYSTEM CF GEORGIA
STATEMENI OF CURRENT AUXILIARY INCOME For Year Ended June 30, 1956

Dormitories

Dining Halls

Student Center & Bookstores

Aoartments

Other

Total

Senior Units (White) University of Georgia Ga. Institute of Technology

$ 422,706.20 $ 452,152.25 $ 449,045.45 $

$111,929.10 $1,435,833.00

374,894.20

715,386.32

694,130.68 318,304.48 91,140.58 2,193,856.26

Ga. State College of Bus. Adm.

161,802.19

61,069.51

222,871.70

Medical College df Georgia

23,400.80

48,122.05

71,522.85

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

69,717.66 76,927.28 67,576.61 24,282.00

190,300.03 177,097.29 185,210.06 67,314.51

104,098.51 34,090.80 44,229.16 17,542.49

18,413.02 17,624.54
5,683.75

19.60 30,285.31
1,728.30 5,156.50

382,548.82 336,025.22 304,427.88 114,295.50

to

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

29,097.62
33,077.70
30,013.62 28,926.09 36,000.35

79,121.44 85,324.69 76,658.35 69,058.51 105,114.66

22,493.99 19,303.43 23,248.06 14,637.83 19,112.23

1,270.94 2,614.20 5,885.11 5,545.81 3,562.18

^ 129.86
815.00 1 ,200.00

131,983.99 140,449.88 135,805.14 118,983.24 164,989.42

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

27,448.40 61,679.48 36.706.09

66,941.62 158,337.37 104.969.17

27,873.35 28,350.46 41.281.51

8,118.00 11.481.70

5,047.08 11,201.99
8.989.14

127,310.45 267,687.30 203.427.61

$1,319,053.30 $2,556,387.07 $1,749,362.19 $398,503.73 $328,711.97 $6,352,018.26

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF CURRENT AUXILIARY EXPENDITURES For Year Ended June 30, 1956

Dormitories

Dining Halls

Student Center & Bookstores

Apartments

Other

Total

Senior Units (White)

University of Georgia

$ 223,425 .80 $ 371,191.90 $ 442,601.46 $

$101,010.65 $1,138,229.81

Ga. Institute of Technology

216,737 .22

642,566.24

652,675.92 152,386.02 101,151.69 1,765,517.09

Ga. State College of Bus. Adm.

152,974.91

14,448.49

167,423.40

Medical College of Georgia

26,321.61

42,737.56

69,059.17

North Georgia College

59,008,.88

171,775.77

91,263.93 11,482.13

365.24

333,895.95

Ga. State College for Women

66,346,.82

166,918.97

32,692.17 11,000.33 30,516.10

307,474.39

Georgia Teachers College

58,760..97

136,520.58

44,207.50

5,262.31

4,315.35

249,066.71

Valdosta State College

20,518,.59

56,977.52

15,840.65

3,685.77

97,022.53

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

24,209..23 26,745.,55 22,479..47 28,391. 69 30,917. 05

61,538.44 79,622.01 67,847.87 66,881.30 93,490.23

22,075.80 17,294.68 23,809.65 14,684.63 18,942.34

1,821.38 4,156.65 5,732.86 3,563.64 3,467.88

87.75 215.30
26.32

109,732.60 128,034.19 119,869.85 113,547.58 146,817.50

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

25,172. 44 57,655. 61 30.313. 23

58,264.34 133,471.81
90.155.80

31,835.66 30,595.20 45.992.94

4,586.06 13.526.85

3,957.99 8,580.69 8.588.53

119,230.43 234,889.37 188.577.35

TOTALS

$ 890.682. 55 $2,223,544.39 $1,680,225.00 $216,986.11 $276,949.87 $5,288,387.92

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF SURPLUS June 30, 1956

EDUCATIONAL & GENERAL Surplus, July 1, 1955

$ 1,298,094.88

Additions

Excess Income over Expenditures:

Current Income Realized

$26,428,764.65

Add: Increase in Accounts

Receivable

88.649.83

Deduct: Increase in Unearned

Income

Current Income Earned

Deduct: Current Expenditures

Cash Expenditures

Add: Increase in Accounts Payable

Current Expenditures

$26,517,414.48 42.022.24
$25,018,476.94 77.874.85

$26,475,392.24 25.096.351.79

1,379,040.45

Increase in Regents Allotment Account

350,634.46

Transfer from Other Funds

4.266.00

Surplus July 1, 1955, Plus Additions

$ 3,032,035.79

Deductions: Increase in Surplus Reserve Transfer to Plant Funds Refund of Income Received in Prior Years
EDUCATIONAL & GENERAL SURPLUS, JUNE 30, 1956

$ 91,239.51 444,124.74 8.784.08

544.148.33

$ 2.487.887.46

AUXILIARY ENTERPRISES Surplus, July 1, 1955

$ 575,279.68

Additions:

Excess Income over Expenditures:

Current Income Realized

$ 6,352,018.26

Add: Decrease in Unearned

Income

149.89

Deduct: Decrease in Accounts

Receivable

Current Income Earned

Deduct: Current Expenditures

Cash Expenditures

Deduct: Decrease in Accounts

Payable

$

7,820.95

Increase in Inventories 28.482.97

Current Expenditures

Surplus July 1, 1955, Plus Additions

$ 6,352,168.15 2.906.75
$ 5,288,387.92 36.303.92

$ 6,349,261.40 5.252.084.00

1.097.177.40 $ 1,672,457.08

Deductions: Transfer to Replacement Reserve Debt Service Requirements Increase in Surplus Reserves Transfer to Plant Funds Transfer to Other Funds
AUXILIARY ENTERPRISE SURPLUS, JUNE 30, 1956
26

$ 302,213.20 296,333.58 28,482.97 191,260.76 4.266.00

822.556.51.

$ ,849,900.57

UNIVERSITY SYSTEM OF GEORGIA

SOURCES OF INCOME OF THE UNIVERSITY SYSTEM, 1955-56

State Appropriation

$17,525,780.01

Internal Income

Educational and General

Student Fees

$5,983,029.66

Gifts, Grants, and Endowments

1,276,478.67

Governmental Other Than State Appropriation 3,824,725.90

Sales and Services

2,797,881.76

Other Income

86,571.81

Total Educational and General Income

from Internal Sources

$13,968,687.80

Auxiliary Enterprises Dormitories Dining Halls Bookstore and Student Center Other Activities Total Auxiliary Enterprise Income

$1,319,053.30 2,556,387.07 1,749,362.19 727.215.70

6,352,018.26

Plant Funds Gifts and Grants Other Income Total Plant Fund Income

$ 557,134.06 221.328.79

778,462.85

Student Aid Gifts and Grants Endowment Income Total Student Aid Income

$ 284,347.47 43.650.97

327.998.44

Total Internal Income

21.427.167.35

Total Income from All Sources
Non-Income Refund by Building Authority of Architectural Fees Advanced Loan from Trust Funds for Construction Transfer from Institutions for Insurance and Hazard Reserve Fund

$38,952,947.36

$

1,800.00

87,000.00

144.765.90

Total Non-Income Receipts

Funds Carried Forward Educational and General Institutional Funds Carried Forward from 1954--55 Restricted Funds-Unexpended Gifts andGrants Auxiliary Enterprises-Institutional CashBalances Unexpended Plant Funds with Regents Office and Institutions Unallocated Funds in Regents Office

^ j 518 776 35 774,431.53
817|532!74
3,35l!oil.93 3 1 1 .0 3 1 .1 1

233,565.90

Total Funds on Hand, July 1, 1955 Total Funds Available

6.772.783.66 $45.959.296.92

27

UNIVERSITY SYSTEM OF GEORGIA
CLASSIFICATION OF EXPENDITURES OF THE UNIVERSITY SYSTEM 1955-56

Educational and General Expenditures Administrative and General Student Welfare Plant Operations Library Instruction Activities Related to Instruction Research Agricultural Extension Service General Extension
Total Educational and General Expenditures

$1,824,818.98 467,817.39
2,145,082.80 808,395.50
8,934,914.11 1,658,909.98 4,750,959.01 3,583,971.33
843.607.84
$25,018,476.94

Auxiliary Enterprise Expenditures Dormitories Dining Halls Bookstores and Student Centers Other Activities
Total Auxiliary Enterprise Expenditures

890,682.55 2,223,544.39 1,680,225.00
493.935.98

5,288,387.92

Plant Expenditures Additions to Plant - Capital Improvements

$3,436,773.20

Debt Service-Repayments to Trust Funds and Retirement of Bonds on Funds Borrowed for Construction
Rentals paid on Buildings Erected by Building Authority

365,333.00 1,571,961.24

Insurance and Hazard Reserve Fund Expenditures-
Insurance Premiums and Losses Other Plant Expenditures - Major Repairs Not Capitalized, Etc.

398,410.48 236.739.85

Total Plant Expenditures

6.009,217.77

Student Aid Expenditures Scholarships for Negroes from State Funds Scholarships from Gifts and Grants and Endowment Income Graduate Fellowships from Gifts and Grants . and Endowment Income Prizes and Awards from Gifts and Grants and Endowment Income Payments to Regional Education Board
Total Student Aid Expenditures
Total Expenditures, 1955-56

$ 257,940.79

267,162.20

46,483.72

1,281.11 55.500.00

628.367.82

$36,944,450.45

Non-- Expense

_ ,-

Transfer to University of Georgia Endowment Fund for

Interest on Consitutional Debt

Refund of Income Received in Prior YearsUnexpended Balances of Grants for Restricted Purposes

Total Non-Expense Disbursements

8 ,000.00
8.784.08 $

16,784.08

28

UNIVERSITY SYSTEM OF GEORGIA CLASSIFICATION OF EXPENDITURES (CONTINUED)

Funds on Hand, June 30, 1956 Educational and General Balances of Institutions Restricted Funds-Unexpended Gifts and Grants Auxiliary Enterprises-Cash Balances of Institutions Unexpended Plant Funds with Regents Office and Institutions Unallocated Funds in Regents Office
Total Funds on Hand June 30, 1956
Total

$2,504,867.19 758,926.60
1,108,156.56 3,958,256.87
667.855.17
$ 8.998.062.39
.*645.959.296.92

29

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF INCOME FOR STUDENT AID For Year Ended June 30, 1956

Senior Units (White) University of Georgia Georgia Institute of Technology Georgia State College for Women
Junior Units (White) Abraham Baldwin Agric. 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

$ 21,140.74 $ 67,772.82 $

15,955.65 209,799.65

6,554.58

1,135.00

2,340 i00

3,300.00

$ 88,913.56 225,755.30 7,689.58
2,340.00
3,300.00

260,400.00 260,000.00 55.500.00 55.500.00
$ 43.650.97 $284,347.47 $315,500.00 $643,498.44

STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30, 1956

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

Fellowships Scholarships Other

Total

$

$100,722.35 $ 1,164.02 $101,886.37

46,483.72 151,553.85

117.09 198,154.66

9,346.00

9,346.00

2,240.00

2,240.00

3,300.00

3,300.00

257,940.79

257,940.79 55.500.00 55.500.00

$ 46.483.72 $525,102.99 $ 56.781.11 $628,367.82

30

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUND INCOME For Year Ended June 30t 1956

Senior Units (White) University of Georgia Agricultural Exp. Stations Agricultural Ext. Service Ga. Institute of Technology Ga. State College of Bus. Adm. Medical College of Georgia North Georgia College Ga. 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 Agric. College
Senior Units (Negro) Albany State College Fort Valley State College Savannah State College
General and Other Building Authority Rentals Insurance Fund
TOTALS

State Allotment

Gifts and
Grants

Governmental

Sale

Other Than

of

State

Plant Assets

Other

Total

$ 370,987.22 $510,184.82 $ 6,843.25 $ 529,940.00

303,700.00 34,199.24

646,747.99

12,750.00

73,332.44

18,000.00

23,000.00

57,500.00

53,000.00

108,000.00

133,000.00

350.00 $74,795.93 $ 963,161.22

529,940.00

337,899.24

501.50 15,075.96

748,407.89

18,000.00

23,000.00

57,500.00

53,000.00

1,752.15

109,752.15

133,000.00

36,500.00 36,500.00 61,500.00 37,000.00 43,000.00

1,096.00

36,500.00 37,596.00 61,500.00 37,000.00 43,000.00

161,000.00 125,000.00
75,232.25

1,300.00 19,227.95

162,300.00 144,227.95
75,232.25

1,571,961.24

1,571,961.24

3.220.28

3.220.28

$4.391.568.70 $557.134.06 $ 80.175.69 $ 24.227.60 $93.092.17 $5.146.198.22

Senior Units (White) University of Georgia Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Georgia State College of Bus. Adm. Medical College of Georgia North Georgia College Ga. 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 Agric. College
Senior Units (Negro) Albany State College Fort Valley State College Savannah State College
General and Other Building Authority Rentals Architectural Fees Insurance and Hazard Reserve Fund
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF PLANT For Year Ended

_______________________ PLANT ADDITIONS___________

Buildings and

Improvements Other

Land

Additions to Bldgs. Than Buildings

53,532.00 $
60,899.69 138,185.88 66,902.38

1,428,943.65 $ 76,103.94
223,277.61 108,021.61
46,274.18 35,422.92 51,317.00 34,789.19 33,773.01 89,019.18

54,883.96 25,967.75
113,262.95 1,994.93
797.85 8,527.12 17,475.48
525.82

3,441.35 17,106.73 33,604.23 31,493.12 53,318.74
45,075.50 126,835.15
35,288.14

13,324.81 1,238.24 644.00
6,020.79 6,689.96

$319.519.95 $

2.473.105.25 $

251.353.66

32

OF GEORGIA
FUND EXPENDITURES June 30, 1956

Equipment

Indebtedness Retired

Interest on

Other

Building Authority

Indebtedness Expenditures_______ Rentals____________ Total

113,561.86 j 54,042.46 40,203.82

71,250.01 24,214.55

197,102.88

17,324.90 6,532.31 10,570.85 23,718.33

1,017.23 4,094.33

5,298.68 18,589.57
4,763.04 4,813.33 20,576.10

14,504.23 7,601.19 9,271.57

818.04 21,358.48

27,332.06 $ 121,161.05 $ 41,507.23

54,538.31

330.75

972.52 3,311.20

12,919.34 5,056.77

$ 1,853,457.04 183,782.74 223,277.61 605,406.20 210,669.54 115,244.64 76,486.27 57,254.15 61,819.34 113,263.33

16,503.44 10,658.02 8,384.11
24.48

25,243.47 46.354.32 60,076.19 37,544.69 74.563.32

371.72 373.77

59,579.73 141,646.89
72,981.92

20,194.66 398,410.48

1,571,961.24

1,571,961.24 20,194.66
398,410.48

1 392.794.34 $ 278.433.42 $ 86.899.58 $ 635.150.33 $ 1.571.961.24 $ 6.009.217.77

33

REGENTS ALLOTMENT ACCOUNT GENERAL ACTIVITIES

AND

FINANCIAL REPORT

For the Year Ended June 30, 1956

35

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES

BALANCE SHEET June 30. 1956

ASSETS

I. CURRENT FUNDS A. General Operating Funds Cash

$ 46,794.91

B. Regents Allotment Account Cash Temporary Investments

$392,784.50 300,000.00 692.784.50

TOTAL CURRENT FUNDS

$ 739,579.41

II. PLANT FUNDS Cash Temporary Investments
TOTAL PLANT FUNDS
TOTAL ASSETS

$216,459.04 75.000.00
291.459.04
$1.031.038.45

LIABILITIES
I. CURRENT FUNDS A. General Operating Funds Reserve for University Survey Unappropriated Surplus Central Office Soil Conservation Committee Graduate Scholarships
TOTAL GENERAL OPERATING FUNDS
B. Regents Allotment Account Due to Institutions Unappropriated Surplus
TOTAL CURRENT FUNDS
II. PLANT FUNDS Reserve for Insurance and Hazard Fund Fund Balance
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 20,000.00

$ 20,541.56 1 925 49 4]327[86

26.794.91

$ 46,794.91

$ 24,929.33 667.855.17 692.784.50

739,579.41

$ 76,484.89 214.974.15
291.459.04
$1.031.038.45

36

REGENTS ALLOTMENT ACCOUNT
STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS For Year Ended June 30, 1956

Senior Units (White) University of Georgia Agricultural Extension Service Agricultural Experiment Stations Continuing Education Center Georgia Institute of Technology Engineering Experiment Station Southern Technical Institute Ga. State College of Bus. Admin. Medical College of Georgia Eugene Talmadge Memorial Hospital 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 Agric. College
Senior Units (Negro) Albany State College Ft. Valley State College Savannah State College
General Activities & Other Regents Central Office Graduate Scholarships for Negroes Southern Regional Educ. Board State Soil Conservation Committee Univ. System Building Authority
TOTAL ALLOCATIONS

Educational & General
Operations

Plant Additions & Improvements

Other Purposes

Total

$ 2,521,788.00 866,250.00
1,042,939.00 69,100.00
1,706,500.00 205,520.00 91,900.00 688,900.00 580,997.06
1,411,232.79 300,800.00 447,800.00 333,200.00 214,100.00

$ 370,987.22 303,700.00 529,940.00
640,747.99
6 ,000.00 18,000.00 23,000.00
57,500.00 53,000.00 108,000.00 133,000.00

$ 8 ,000.00

$ 2,900,775.22 1,169,950.00 1,572,879.00 69,100.00 2,347,247.99 205,520.00 97,900.00 706,900.00 603,997.06 1,411,232.79 358,300.00 500,800.00 441,200.00 347,100.00

113,150.00 134,950.00 109,250.00 114,350.00 140,200.00

36,500.00 36,500.00 61,500.00 37,000.00 43,000.00

149,650.00 171,450.00 170,750.00 151,350.00 183,200.00

292,700.00 424,300.00 481,650.00

161,000.00 125,000.00
75,232.25

453,700.00 549,300.00 556,882.25

145,000.00 23,500.00

1.571.961.24

260,000.00 55,500.00

145,000.00 260,000.00
55,500.00 23,500.00 1.571.961.24

$12.460.076.85 $4.391.568.70 $323.500.00 $17.175.145.55

37

GENERAL ACTIVITIES
STATEMENT OF INCOME For Year Ended June 30, 1956
I. CURRENT INCOME A. EDUCATIONAL AND GENERAL Governmental - State of Georgia Regents Central Office University Survey State Soil Conservation Committee
TOTAL GOVERNMENTAL
Miscellaneous Sources
TOTAL EDUCATIONAL AND GENERAL
B. OTHER PURPOSES Governmental - State of Georgia Graduate Scholarships for Negroes Southern Regional Education Board
TOTAL INCOME FOR OTHER PURPOSES
TOTAL CURRENT INCOME
II. PLANT FUNDS Governmental - State of Georgia University System Building Authority Rentals Other Sources Interest on Temporary Investments
Transfers From: Institutions for Insurance Fund Institutions for Net Dormitory Rentals
TOTAL PLANT FUND RECEIPTS
TOTAL INCOME

$125,000.00
20,000.00
23.500.00
$ 168,500.00
_________ 6.00
$ 168.506.00

$260,000.00 55.500.00 $ 315.500.00
$ 484.006.00

1,571,961.24 3.220.28
$1.575.181.52

$144,765.90 40,120.93

184,886.83

$1.760.068.35

$2.059.187.52

38

GENERAL ACTIVITIES
STATEMENT O F EXPENDITURES For Year Ended June 30, 1956

I. CURRENT EXPENDITURES A. EDUCATIONAL AND GENERAL Administrative and General Central Office Extension Soil Conservation Committee
TOTAL EDUCATIONAL & GENERAL
B. OTHER PURPOSES Graduate Scholarships for Negroes Southern Regional Educ. Board
TOTAL FOR OTHER PURPOSES
TOTAL CURRENT EXPENDITURES
II. PLANT FUNDS Architectual Fees University System Building Auth. Rentals Fire & Extended Coverage Insurance Fire Losses
TOTAL PLANT EXPENDITURES
Transfers To: North Georgia College Fort Valley State College
TOTAL PLANT FUND DISBURSEMENTS
TOTAL EXPENDITURES

Total

Obiect Classification

Operating

Personal

Supplies &

Services

Expenses

Equipment

$ 123,344.37 $ 98,064.27 $ 24,822.35 $ 457.75

28.274.91

20.963.46

7.311.45

L 151.619.28 $119.027.73 $ 32.133.80 $ 457.75

$ 257,940.79 $ 55.500.00

$257,940.79 $ 55.500.00

J $ 313.440.79 _______ $313.440.79 $

$ 465.060.07 $119.027.73 $345.574.59 $ 457.75

$ 20,194.66 1,571,961.24 396,121.02 2.289.46
$1.990.566.38

$ 5,000.00 38.000.00
$2.033.566.38
$2.455.626.45

39

REGENTS ALLOTMENT ACCOUNT

SUMMARY OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30, 1956

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 $12,200,000.00

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

8 ,000.00

For cost of operating the State Soil Conservation

Committee

_____ 25,000.00 $12,233,000.00

Less: Budget Balancing Reduction of 6% per Executive Order of the Governor
State Appropriation Provided by Appropriation Act

733.980.00 $11,499,020.00

Resolution No. 1, Extraordinary Session For State Board of Regents Less: Budget Balancing Reduction For Eugene Talmadge Memorial Hospital Less: Budget Balancing Reduction

of General Assembly,

1955 $ 4,500,000.00 1,368,000.00 $ 3,000,000.00 1,588,767.21

3,132,000.00 1,411,232.79

Special Appropriations by Budget Bureau during 1954-55 Continued

For Poultry Husbandry Program - University of Georgia

$

For Nursing Education - Univ. of Ga. & Medical College

For Forestry Program - Univ. of Ga.

For Indigent Patient Care - Medical College

For Pink Boll Worm Project - University of Georgia

_

63.500.00 81.200.00
100,000.00
37,500.00
15.000.00

297,200.00

Special Appropriations by Budget Bureau

For Development of 4-H Club Center at Rock Eagle

$

For Development of 4-H Club Center at Dublin

For Construction of Campus Road - University of Georgia

For Plant for Poultry Disease Research - University of Ga.

For Land, Bldgs. & Equipment - U. of Ga. Agric. Exp. Stations

For Acquisition of Property - Georgia Tech

For Reactor & Radio Isotopes Lab. - Georgia Tech

For Industrial Economics Research Program - Georgia Tech

For Annex to Practice School - Albany State College

TOTAL STATE APPROPRIATION

Interest on Temporary Investments

TOTAL RECEIPTS

103,700.00
2 0 0 ,0 0 0 .0 0
49,187.22 238,440.00
92.000. 00 33.000. 00 300,000.00 50.000. 00 120. 0 0 0 .0 0

1.186.327.22

$17,525,780.01

6.189.60

$17,531,969.61

40

REGENTS ALLOTMENT ACCOUNT
SUMMARY OF RECEIPTS AND DISBURSEMENTS (CONTINUED)
Disbursements: Payment on Allotments for Educational General Operations Payment on Allotments for Plant Additions & Improvements Payment on Allotments for Other Purposes
TOTAL DISBURSEMENTS
EXCESS OF RECEIPTS OVER DISBURSEMENTS
CASH BALANCE JULY 1, 1955
CASH BALANCE JUNE 30, 1956

$12,457,076.85 4,394,568.70 323.500.00
$17.175.145.55
$ 356,824.06
311.031.11
$ 667.855.17

41

GENERAL ACTIVITIES
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

Balance July 1, 1955

Receipts

Balance Disbursements June 30. 1956

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

$ 311,031.11 $17,531,969.61 $17,175,145.55 $

18,879.93

145,006.00

123,344.37

6 ^700.40

23,500.00

28,274.91

2,268.65

260,000.00

257,940.79

55,500.00

55,500.00

24.929.33

$ 338.880.09 S18.040.904.94 SI 7.640.205.62

667,855.17 40,541.56 1,925.49 4,327.86
24.929.33
739.579.41

$

$ 1,571,961.24 $ 1,571,961.24 $

91,369.01

40,120.93

43,000.00

326,909.19

147,986.18

398,410.48

146.678.87

20.194.66

88,489.94 76,484.89 126.484.21

$ 564.957.07 $ 1.760.068.35 S 2.033.566.38

291.459.04

$ 903.837.16 S19.800.973.29 S19.673.772.00 $ l,.031.038.45

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, 1956

$ 484,684.82 167,025.77 4.327.86
$ 656,038.45
375.000.00
$ 1,031.038.45

42

U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT
For the Year Ended June 30, 1956
University of Georgia Athens, 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, 1956, which

consists of the following exhibits and schedules:

PART I Consolidated

Consolidated Balance Scheet......................................... Exhibit A

Consolidated Statement of Current Income...................

ExhibitB

Consolidated Statement of Expenditues...............................Exhibit C

PART II University at Athens

Balance Sheet..................................................... Schedule A

Summary of Income................................

ScheduleB

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

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, Common Stock........................... Schedule E-2-4

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

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

44

President 0. C. Aderhold

Statement of Agency Funds................ .......... ........

Schedule G

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

Schedule H

Statement of Operations of Plant Funds........... ............. Schedule H-l

Summary of Investment in Plant.................................Schedule H-2 Statement of Investment in Plant............................... Schedule H-3

PART III Agricultural Extension Service

Balance Sheet................................ .................... Schedule I

Statement of Current Income........

....... ............. Schedule J

Statement of Current Expenses.......... ....... ........

Schedule K

Statement of Operation of RestrictedFunds...............

Schedule L

Statement of Agency Funds......

Schedule M

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

Statement of Unexpended Plant Funds............................. Schedule 0

Statement of Operations of Unexpended Plant Funds..,..... ... Schedule 0-1 Statement of Investment in Plant..... ........... .............. Schedule 0-2

PART IV Experiment Station-General

Balance Sheet.................................................... Schedule P

Statement of Current Income....... ................ ........... . Schedule Q

Statement of Current Expenditures...................... ....... Schedule Q-l

Statement of Changes in Cash Balances............... ............ Schedule R
PART V Branch Experiment Station

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

Schedule S

Statement of Current Income...................

Schedule T

Statement of CurrentExpenditures....................

Schedule U

Statement of Changesin Cash B ala n c e s ...... ...............

Schedule V

Statement of Operations of RestrictedFunds...................... Schedule W

45

President Aderhold

Statement of Unexpended Plant Funds..............................Schedule X

Statement of Investment in Plant................. ............. Schedule X-l

PART VI College Experiment Station

Balance Sheet.................................................... Schedule AA

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

Statement of Current Expenditures................................ Schedule CC

Statement of Operations of Restricted Funds....................... Schedule DD

Statement of Changes inCash Balances............................ Schedule EE

Statement of UnexpendedPlant Funds.............................. Schedule FF

Statement of Operations of Unexpended PlantFunds................. Schedule GG

Statement of Investment in Plant................................ Schedule HH

PART VII Georgia Experiment Station

Balance Sheet..................... ............... .............. Schedule II

Statement of Current Income..................................... Schedule J3

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

Schedule KK

Statement of Operations of Restricted Funds.................... Schedule LL

Statement of Agency Funds....................................... Schedule MM

Statement of Changes inCash Balances........................... Schedule NN

Statement of Unexpended Plant Funds......... ................... Schedule 00

Summary of Investment in Plant.................................. Schedule PP

Statement of Investment in Plant................................ Schedule QQ

PART VIII Coastal Plain Experiment Station

Balance Sheet.................................................... Schedule RR

Statement of Current Income...........

Schedule SS

Statement of CurrentExpenditures........

Schedule TT

46

President 0. C. Aderhold

Statement of Operation of Restricted Funds........

Schedule UU

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

Statement of Agency Funds.................

Schedule WW

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

Statement of Investment in Plant.............................. Schedule YY

Respectfully submitted,

/s/ J. D, Bolton

J. D. Bolton Comptroller

Dated at Athens, Georgia November 21, 1956

47

UNIVERSITY OF GEORGIA COMMENTS
This report is assembled on a basis of receipts and disbursements, with the exception of the Balance Sheet, which reflects all known assets and liabili ties, 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 Education, Athens, 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 therefore, the report is arranged in eight parts, as follows:
Part I - Consolidated - All Units Part II - University of Georgia - Including Continuing Education Part III - Agricultural Extension Service Part IV - Experiment Stations - General Part V - Branch Experiment Station Part VI - College Experiment Station Part VII - Georgia Agricultural Experiment Station Part VIII - Georgia Coastal Plain Experiment Station
48

INCOME

UNIVERSITY OF GEORGIA CONSOLIDATED

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

Source

1954-55

Amount

Percent

1955-56

Amount

Percent

Student Fees

$ 2,152,567.38

State Allotment

4,903,661.42

Federal Appropriations

2,199,481.88

Other Public Appropriations

863,529.98

Endowment

34,487.21

Gifts and Grants

498,454.49

Sales and Services

757,644.27

Other

69.206.43

18.75 42.72 19.16
7.52 .30
4.34 6.60
.61

$ 1,615,746.31 4,544,347.28 2,535,338.76 922,593.68 36,826.27 741,959.59 963,076.87 43.651.14

14.17 39.85 22.23
8.09 .32
6.51 8.45
.38

Totals

$11,479,033.06 100.00 $11,403,539.90 100.00

EXPENSES

The following is a statement of Educational and General Expenditures by

functions and the percentage of each function to the total.

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

1954- 55

Amount

Percent

1955- 56

Amount

Percent

537,692.42 155,350.02 702,324.07 317,955.67 3,318.668.22 2,255,085.30

4.84 1.40 6.33 2.86 29.89 20.31

$ 453,119.88 141,382.24 676,710.45 271452.92
2,744,450.05 2,593,078.63

4.05 1.26 6.05 2.43 24.54 23.19

471,017.13 4.24 3.343.678.56 30.13

535,106.63 4.79 3.767.407.50 33.69

UNIVERSITY OF GEORGIA

INCOME The following table reflexcts the comparative Educational and General Income

and percentages of income to the total for a three-year period.

Source

1953 -54 Amount Percent

1954-55 Amount Percent

1955-56 Amount Percent

Student Fees

$1,057,372

Endowment

31,759

F ederal

78,651

State

1,996,694

State Dept. Health

& Educ.

6,407

Other States

3,200

Vocational

52,423

Clarke County Other Counties

79,848 1,000

Gifts & Grants

500,355

Sales & Services

91,530

Rents

965

Other

12,090

Veterans Guidance

1.343

27.03
.81 2 .0 1 51.02

$1,070,856 34,487
106,621 2,486,619

.16 .08 1.34 2.04 .03 12.78 2.34 .02 .31 .03

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

$1,202,961 36,826 98,299
2,521,788

.08 .21 1.03 1.76 .04 6.63 2.01 .02 .33 .10

5,686 6,000 39,764 76,778 1,898 424,307 89,934 1,989 10,508 3.363

26.61 .81
2.17 55.79
.13 . 13 .88 1.70 .04 9.39 2.00 .05 .23 .07

Totals

S3,,913.637 100.00 S4.212.998 100.00 S4.520.101 100.00

EXPENSES The following table presents a comparison of expenditures for Educational and

General purposes for four years.

Function

1952-53

1953-54

1954-55

1955-56

Administration and General Student Welfare Plant Operations Library Instruction Research Extension & Public Service

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

$ 234,178 115,949 471,598 239,942
2,081,487 330,640 222.089

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

$ 247,797 138,790 574,853 254,815
2,443,820 396,937 279.375

Sub-Totals

$3,485,669 $3,695,883 $3,768,411 $4,336,387

Outlay

132.140

145.624

150.313

97,963

Totals

S3,,617.809 S3.841.507 S3,,918,,724 S4.434.350

50

UNIVERSITY (F GEORGIA

The following table is a comparison of the preceding expenditures, expressed in percentages to the total.

Function
Administration & General Student Welfare Plant Operations Library Instruction Research Extension Outlay
Totals

Percent Percent Percent Percent 1952-53 1953-54 1954-55 1955-56

6.51 3.15 11.72 6.72 56.20 6.27 5.78 3.65

6 .10 3.02 12.27 6.25 54.18 8.61 5.78 3.79

5.86 3.22 11.64 6.03 56.43 7.39 5.59 3.84

5.59 3.13 12.96 5.75 55.11 8.95 6.30 2 .2 1

100.00 100.00 100.00 100.00

The following table is a study of Instructional Cost by schools and colleges.

These figures include outlay and all other Instructional Cost except the Summer

Quarter. The figures for the School of Education include Vocational Agricultural

Teacher Training, Vocational Home Economics Teacher Training, Demonstration School and Phsycal Education. The cost of the Dean of Faculties Office is prorated to all schools and colleges.

School or Colleae
1 . Agriculture 2 . Arts & Sciences 3. Business Administration 4. Education 5. Forestry 6 . Graduate 7. Home Economics 8 . Journalism 9. Law 10 . Military 1 1 . Pharmacy 1 2 . Vet. Medicine (Net)
Totals

1952-53

1953-54

1954-55

1955-56

$ 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

$ 233,865 937j667 153^870 352,285 51,880 74^306 93 j168 41^953 60,725 8 j187 58,467 240'177

$1.894.181 $1.973.707 $2.110.966 $2.306.550

51

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

1952-53 1953-54 1954-55 1955-56

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

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

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

14,189 116,584
28,584 25,208
3,130 6,440 4,389 3,107 6,466 4,632 13.558

14,075 128,724 33,852
27,754 4,316 7,013 4,555 4,503 5,978 5,001 13.403

Totals

191.310 206.306 226.287 249.174

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

and Colleges for a four-year period.
School or College
1 . Agriculture 2 . Arts & Science 3. Business Administration 4. Education 5. Forestry 6 . Home Economics 7. Journalism 8 . Law 9. Military 10 . Pharmacy 1 1 . Veterinary Medicine
Total Average

1952-53 1953-54 1954-55 ,1955-56

13.35 7.56 4.62
14.42 13.61 13.56
7.94 16.60
12.67 15.82

14.69 7.59 4.85
13.66 13.15 13.86
8.59 15.66
.96 11.39 14.95

15.68 6.88 4.30 12.98 30.66 13.91 8.64 19.42 1.31 11.38 16.34

16.62 7.28 4.55 12.69 12.02 13.29 9.21 13.49 1.37 11.69 17.92

,,JLJjZ

9.33

9.26

52

UNIVERSITY OF GEORGIA

AUXILIARY ENTERPRISES

INCOME AND EXPENSES

Details of Income from Auxiliary Enterprises in the amount of $1,410,145.00 are

shown in Schedule B-3. The details of expenses amounting to $1,138,229.81 are shown in Schedule C-3.

The Balance Sheet, Schedule A, reflects reserve for repairs and replacements of $196,565.20.

CONTINUING EDUCATION AND CORRESPONDENCE

The following summary is a comparison of the operations of Continuing Education and Correspondence for the past four years.

Income

1952-153

1953-54

1954--i55

1955--i56

Amount Percent Amount Percent Amount Percent Amount Percent

Student Fees $290,488 State Allotment 26,662 Gifts

91.59 $280,654 8.41 121,600 105.300

55.30 $320,874 23.95 57,600 20.75

84.78 $412,786 15.22 69,100
107.523

70.04 11.72 18.24

Totals

$317.150 100.00 $507.554 100.00 $378.474 100.00 $589.409 100.00

Expenses

Admin. & Gen $ 30,182

Plant Oper.

1,220

Instruction

156,712

Services Related

to Instr.

50,195

Extension

87.213

9.27 $ 24,021

.37

1,447

48.14 172,997

15.43 26.79

42,897 89.924

7.25 $ 49,708 .44
52.22 152,868
12.95 27.14 193.662

12.54 $ 69,304 38.58 260,952
48.88 168.254

13.90 52.35 33.75

Totals

$325.522 100.00 $331.286 100.00 $3%. 238 100.00 $498.510 100.00

53

UNIVERSITY OF GEORGIA

AGRICULTURAL EXTENSION SERVICE

The following is a summary of income and percentages of income to total for

three years.

Source

1953-54 Amount Percent

1954-55 Amount Percent

1955-56 Amount Percent

State of Georgia Clarke County County Cooperation Federal Grants Gifts & Grants Other
Totals

$ 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

$ 866,250 4,920
831,478 1,714,464
52,654 118.282

24.14 .14
23.17 47.78
1.47 3.30

$2,791,883 100.00 $3,118,011 100.00 $3,588,048 100.00

A comparison of expense by object of expenditures is presented below in amounts

and percentages.

Object

1953-54 Amount Percent

1954-55 Amount Percent

1955-56 Amount Percent

Salaries & Wages Travel Op. Supplies & Expenses Equipment
Totals

$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

$2,975,512 405,465 196,938 21.239

82.67 11.27
5.47 .59

$2,809,008 100.00 $3,151,199 100.00 $3,599,154 100.00

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.

54

UNIVERSITY OF GEORGIA

No.

Project

1. 2. 3.
3a.
4.
4a.
4b.
4c.
4d.
4e.
4f.
4i.
5.
5a. 6. 7.
7a.
7b.
7c.
7d.
7e.
7f.
7g. 8a. 8b. 8c. 8e. 9. 10. 11. 1 1 a. 12. 14.
17.
18.
19. 20. 21. 22. 2 2 a. 2 2 a.23.

Administration Publications County Agent Work Special Needs Home Demonstration Work Home Improvement Nutrition Textiles & Clothing Food Preservation Child Development Home Industries Health Negro County Agent Work Negro Home Demonstration 4-H Club Work Economics & Marketing Research & Marketing Consumer Education Egg Marketing Dairy Marketing T.V.A. & Cow Testing Cotton Ginning & Marketing Fruit & Vegetable Marketing Beef Cattle & Sheep Dairying Poultry Swine Agronomy Horticulture Agricultural Engineering Farm Housing Forestry Soil Conservation Recreation Wildlife Conservation Bee Culture Visual Aid (Restricted) Corn Meal Enrichment Entomology Entomology Survey Agricultural Research Survey Field Service Training State Department of Agriculture Rock Eagle Operations

Totals

Federal Funds Offset Funds

Funds not Used
As Offset

Total Expenditures

$ 27,166.58 $ 9,150.24 $ 2,972.16 $ 39,288.98

61,822.80

25,932.95 16,340.34

104,096.09

747,711.67

307,224.63 504,749.65 1,559,685.95

2,845.94

2,845.94

290,705.19

513,494.57

3,129.43

807,329.19

8,154.90

3,567.84

11,722.74

9,486.90

2,974.65

12,461.55

5,217.01

1,646.45

6,863.46

56.73

(-)22.40

404.40

438.73

4,808.09

2,375.87

7,183.%

5,135.20

2,592.02

7,727.22

5,001.07

2,796.24

7,797.31

148,538.92

65,788.26

214,327.18

90,811.87

46,136.74

568.44

137,517.05

82,860.73

30,018.70

112,879.43

42,861.91

14,865.02

57,726.93

1,971.92 5,465.84 8,668.14
1,902.61 280.00
5,313.16 18,770.04 14,963.45
9,748.37 34,061.63 12,191.82 25,767.98

1,971.92 5,392.64 8,668.14
1,902.61 280.00
3,431.68 6,551.92 31,819.94 3,806.75 15,356.94 15,109.18 12,892.42

39,650.35 6,600.47 7,640.77

3,943.84 10,858.48 17,336.28 39,650.35 3,805.22
560.00 15,345.31 25,321.96 46,783.39 13,555.12 57,059.34 27,301.00 38,660.40

11,729.71 2,295.00 5,615.68 1,118.08 7,344.97
6,612.59 2,374.97
$1 ,,709.381.47

4,085.15

916.57

16,731.43

459.96

2,754.96

2,679.88

8,295.56

1,118.08

1,309.56

8,654.53

2,278.78

2,278.78

7,667.88

7,667.88

938.34

7,550.93

2,250.00

2,250.00

2,374.97

41,086.38

1,314.34

42,400.72

2,049.49

2,049.49

104.953.94

(1 )

(2 )

104.953.94

$1,188,535.19 $701,237.01 $3,599,153.67

(1) Of this amount $359,176.55 was disbursed by the various counties. (2) Of this amount $472,274.51 was disbursed by the various counties.

55

UNIVERSITY OF GEORGIA

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 Special Needs Agric. Research Survey
Total Federal Funds

Total

To Be Offset Non-Offset

$1,685,872.05 23,317.34 3.400.00 1.875.00

$1,118,146.04 23,317.34 3.400.00 1.875.00

$567,726.01

$1,714,464.39 $1,146,738.38 $567,726.01

State and County Funds State County (Disbursed by Counties)
Total State & County Funds

$ 866,250.00 $ 829,358.64 $ 36,891.36

831.451.06

359.176.55 472.274.51

$1,697,701.06 $1,188,535.19 $509,165.87

The following is a summary of expenditures by objects:

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

Disbursed by Disbursed University By Counties

Total

Percent To Total

$2 ,131,170.81 405,361.81 2,212.69 17,518.85 3,823.81 24,569.05 6,345.73 11,141.39 132,844.90 2 1 ,120.66 11.592.91

$831,347.86 103.20

$2,962,,518,.67 405, 465..0 1 2 ,2 1 2 ..69 17, 518,.85
3, 823..81
24, 569.,05 6 ,345..73
1 1 ,141..39 132, 844.,90 2 1 ,12 0 .,66 1 1 .592.,91

82.31 11.27
.06 .49 .11 .68 .18 .31 3.69 .58 .32

$2 .767.702.61 $831,451.06 $3,599. 153. 67 100.00

56

UNIVERSITY OF GEORGIA

Exhibit A

CONSOLIDATED BALANCE SHEET June 30, 1956
ASSETS

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

153,382.66 608,990.98
22,554.39
$ 784,928.03

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

159,727.26 184,000.00
76.398.15

420,125.41

C. AUXILIARY Cash in Banks Temporary Investments Accounts Receivable TOTAL AUXILIARY

236,127.48 2.465.25

238.592.73

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

$ 1,443,646.17

83,253.42 376,000.00
47.65

459,301.07

III.

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

74,073.29 2,516.141.48

2,590,214.77

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

96,792.59 729.423.41

826,216.00

607,384.47 857.465.52

1,464,849.99

838,439.26 21,345,128.33
810,712.09 6.031.223.54

29.025,503.22

30.490,353.21

TOTAL ASSETS

$35,809,731.22

NOTE: Buildings are valued at cost, Based on an appraisal made during 1953-54, buildings
had a sound value of $27,578,700. 58

UNIVERSITY OF GEORGIA

Exhibit A (Continued)

CONSOLIDATED BALANCE SHEET June 30, 1956

LIABILITIES
I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserves Surplus TOTAL GENERAL

B. RESTRICTED

$ 26,115.53 99,155.50 42,890.60
616.766.40 $ 784,928.03

Fund Balances
C. AUXILIARY Unearned Income Purchase Orders Outstanding Reserves for Repairs & Replacements TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS

420,125.41

$ 39,272.87 2,754.66
196.565.20

238.592.73

$ 1,443,646.17

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

TOTAL LIABILITIES AND SURPLUS

459,301.07

$ 2,557,459.66 32.755.11

2,590,214.77

$ 783,757.52 42.458.48

826,216.00

$ 1,464,849.99
$ 1,035,573.82 4,430,035.29
23.559.894.11 29.025.503.22 30.490.353.21 $35.809.731.22
59

Exhibit B

UNIVERSITY OF GEORGIA
CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL Student Fees Public Appropriations State - Regular Federal Ot.hfr TOTAL PUBLIC APPROPRIATIONS
Endowment Gifts and Grants Sales and Services Other
TOTAL EDUCATIONAL AND GENERAL

$1,615,746.31

$4,544,347.28 2,535,338.76 922.593.68

8,002,279.72

36,826.27 741,959.59 963,076.87
43.651.14

$11,403,539.90

B. AUXILIARY Dormitories Dining Halls Other
TOTAL AUXILIARY

$ 422,706.20 452,152.25 545.286.55

1,420,145.00

C. STUDENT AID Endowment Gifts and Grants
TOTAL STUDENT AID
TOTAL CURRENT INCOME

$ 21,140.74 67.772.82
88.913.56
$12,912,598.46

D. PLANT FUNDS Sale of Property Gifts and Grants State Allocation Other
TOTAL PLANT FUNDS
TOTAL INCOME
Transfers
TOTAL RECEIPTS

$

350.00

510,184.82

1,204,627.22

42.562.50

1.757.724.54

$14,670,323.00

490.935.07

$15,161,258.07

60

Exhibit C

UNIVERSITY OF GEORGIA
CONSOLIDATED STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

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

Salaries and
Waaes

Operating Supplies &
Expenses

Capital Outlay

Total

$ 311,549.95 123,520.10 300,833.91 185,619.23
2,524,916.78 1,690,687.15
272,832.29 3.104.857.70 $8,514,817.11

$ 136,782.44 15,270.23
355,066.10 13,203.03
174,296.88 663,955.94 243,910.14 635.188.00 $2,237,672.76

$ 4,787.49 2,591.91
20,810.44 72,630.66 45,236.39 238,435.54 18,364.20 27.361.80 430.218.43

$ 453,119.88 141,382.24 676,710.45 271,452.92
2,744,450.05 2,593,078.63
535,106.63 3.767.407.50 $11,182,708.30

$ 198,511.22 $ 392,911.81 $

95.841.53

431.487.57

1 - 294.352.75 $ 824.399.38 $

16,704.85 $ 608,127.88

2.772.83

530.101.93

19.477.68 $ 1.138.229.81

$

$ 100,722.35 $

$ 100,722.35

1.164.02

1.164.02

L.

$ 101.886.37 $ ......... $ 101.886.37

$

$

$2,141,051.10 $ 2,141,051.10

81,374.52

81,374.52

131.166.16

131.166.16

$_

$ 212.540.68 $2,141,051.10 $ 2.353.591.78

$8,809,169.86 $3,376,499.19 $2,590,747.21 $14,776,416.26

$ 286.175.36

$15.062.591.62

61

PART II U N I V E R S I T Y OF G E O R G I A
Athens, Georgia
Schedule A - Schedule H-3
63

UNIVERSITY OF GEORGIA

Schedule A

BALANCE SHEET June 30, 1956
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & in Bank Temporary Investments Accounts Receivable Students State Dept. Education Eastern Air Lines TOTAL GENERAL FUNDS

8,268.79 518.990.98 $ 527,259.77

10,360.38 698.00 425.00

11.483.38 $ 538,743.15

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

$ 209.05 184.000.00 $ 184,209.05 41.235.00

225,444.05

C. AUXILIARY Temporary Investments Accounts Receivable

$ 236,127.48 2,465.25

TOTAL AUXILIARY FUNDS

238,592.73

D. CONTINUING EDUCATION

Temporary Investments

$ 90,000.00

Cash in Banks

_____ 669..87

Accounts Receivable

TOTAL CONTINUING EDUC. FUNDS

TOTAL CURRENT FUNDS

90,669.87 11.071.01

101.740.88

$ 1,104,520.81

II. AGENCY FUNDS Cash in Banks Temporary Investments Accounts Receivable

$

875.85

376.000.00 $ 376,875.85

------ -------

47.65

376,923.50

64

UNIVERSITY OF GEORGIA

BALANCE SHEET June 30, 1956

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserve for Work in Process Reserve for Insturance General Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED

LIABILITIES
$ 16,698.31 99,155.50 34,761.00 8,129.60
379,998.74
$

538,743.15

Fund Balance
C. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Inventories Reserve for Repairs & Replacements TOTAL AUXILIARY FUNDS
D. CONTINUING EDUCATION Purchase Orders Outstanding Surlus
TOTAL CONTINUING EDUC. FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS
Fund Balances

$ 2,754.66 39,272.87
196.565.20

$

446.50

101,294.38

225,444.05
238,592.73 101.740.88
$ 1,104,520.81

376,923.50

65

UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1956

ASSETS (CONTINUED)

III.

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

TOTAL ENDOWMENT FUNDS

$ 74,073.29

$ 13,872.73 838.875.00 113.625.00 515,461.50 129,000.00 21,742.65 14,900.00 9,972.65 27,149.89 737,532.04 5,984.80 88.025.22

2.516.141.48

$ 2,590,214.77

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

$ 96,792.59

$ 2,765.88 119,530.00 41.375.00 55.411.00 1.00 74,557.41 11,658.97 153,654.35 10,863.15 31,400.26

175,858.43 52.347.96

729.423.41

826,216.00

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

$ --- 842,342.81

842,342.81

66

UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1956

LIABILITIES (CONTINUED)

III. ENDOWMENT FUNDS Fund Balances Reserve for Purposes of Trust

$ 2,557,459.66 32,755.11

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS & MISCELLANEOUS FUNDS Fund Balances Reserve for Purposes of Trust

$ 2,590,214.77
$ 783,757.52 42,458.48 '

TOTAL STUDENT LOAN FUNDS & MISCELLANEOUS FUNDS V. PLANT FUNDS
A. UNEXPENDED
Fund Balances

826,216.00 $ 842,342.81

67

UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1956

ASSETS (CONTINUED)
V. PLANT FUNDS (CONTINUED) B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 340,598.31 17,057,136.26 689,538.93 4.338.385.15

$22.425.658,65

$23.268.001.46

$28.165.876.54

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $22,510,400.

68

Schedule A (Continued) LIABILITIES (CONTINUED)

UNIVERSITY (F GEORGIA
BALANCE SHEET June 30, 1956

V. P U N T FUNDS (CONTINUED) B. EXPENDED Due to Univ. of Georgia 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

$ 1,031,559.57 4,014.25
3,825,779.51 17.564.305.32
$22.425.658.65
$23.268.001.46
$28.165.876.54

69

UNIVERSITY OF GEORGIA

Schedule B

SUMMARY OF INCOME For Year Ended June 30, 1956

Continuing Education

Current Funds

Educational Auxiliary

& General

Enterprises

Student Aid

Plant Funds

Total

Student Fees $412,785.70 $1,202,960.61 $

$

$

$1,615,746.31

Public Approp.

State Of Ga. 69,100.00 2,566,058.28

370,987.22 3,006,145.50

Federal

98,299.49

98,299.49

Other

84,675.82

84,675.82

Endowment

36,826.27

21,140.74

57,967.01

Gifts & Grants 107,523.40

424,307.05

67,772.82

510,184.82 1,109,788.09

Sales & Services

89,934.18

89,934.18

Dormitories

422,706.20

422,706.20

Dining Halls

452,152.25

452,152.25

Printing Shop

96,241.10

96,241.10

Stores

449,045.45

449,045.45

Other

17.039.30

42.912.50

59.951.80

TOTAL INCOME $589,409.10 $4,520,101.00 $1,420,145.00 $88,913.56 $ 924,084.54 $7,542,653.20

Transfers

19.710.56

15.688.00

366.136.27

401.534.83

TOTAL RECEIPTS $589,409.10 $4,539,811.56 $1 ,.435.833.00 $88,913.56 $1,290,220.81 $7,944,188.03

Schedule B-l

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. 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

General Income

Restricted Income

Total

$ 779,308.98 $ 176,155.77 3,262.50 10,994.50 17,271.00 10,940.36 118,014.99 6,680.12 8,536.00 57,595.21 5,750.00 8.451.18
$1,202,960.61 $

$ 779,308.98 176,155.77 3,262.50 10,994.50 17,271.00 10,940.36 118,014.99 6,680.12 8,536.00 57,595.21 5,750.00 8.451.18
$1,202,960.61

70

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) PUBLIC APPROPRIATIONS State of Georgia Regular Operations Vocational Funds Dept, of Health & Mental Health Other States N. C. - For Agric. Educ. Relations Tennessee - For Agric. Educ. Relations Missippi - For Agric. Educ. Relations United States Morrill-Nelson Fund U. S. Forestry Service 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 U. S. Public Health - Hinton Counties & Cities Rome Bd. of Educ. - Survey Floyd County Bd. of Educ. - Survey Dougherty County Bd. of Educ. - Survey Clarke County - Demonstration School Richmond County Bd. of Educ. -- Surveys 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 Magers, Edmund Lumpkin Law Landscape Peabody, George F. - Law School Smith, 0. V. Terrell, William University of Georgia Foundation TOTAL ENDOWMENT
GIFTS & GRANTS FROM PRIVATE SOURCES All State Foundation Anonymous Foundation - Coop. Program Atomic Energy - Savannah River Board Control - Sou. Reg. Council-Ag. Ed. Rel.

General Income

Restricted Income

Total

$2,521,788.00

$ 39,764.02 4,506.26

$2,521,788.00 39,764.02 4,506.26

3,000.00 3,000.00

3,000.00 3,000.00

72,124.28 3,500.00 9,282.23

72,124.28 3,500.00 9,282.23

4,136.00

4,136.00

4,771.98 4,485.00

4,771.98 4,485.00

$2.521.788.00

292.82 276.78 893.56 76,778.19 434.47 $227.245.59

292.82 276.78 893.56 76,778.19 434.47 $2.749.033.59

$

$ 440.75 $

440.75

370.47

370.47

1,147.78

1,147.78

10.26

10.26

11,737.30

11,737.30

8,629.04

8,629.04

149.15

149.15

477.69

477.69

2.50

2.50

703.78

703.78

5,610.50

5,610.50

15.25

15.25

2,040.69

2,040.69

636.11

636.11

4.855.00

4.855.00

$

$ 36.826.27

36.826.27

$

$ 5,000.00 $ 5,000.00

30,000.00

30,000.00

18,400.00

18,400.00

3,000.00

3,000.00

71

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL & GENERAL (CONTINUED) GIFTS & GRANTS FROM PRIVATE SOURCES (CONTINUED) Carnegie Corporation Emory University Evans Foundation, Inc. Game and Fish Commission General Education Board - Art General Education Board - Graduate Georgia Agricultural & Forestry Res. Found. Georgia Elec. Membership Corp. - Ag. Ed. Rel. Georgia Power Co. - Ag. Ed. Rel. J. W. Johnson, Jr. Kellogg - Education Kellogg 1955-56 Little Ocmulgee Elec. Mem. - Ag. Ed. Rel. Mitchel Co. Elec. Mem. - Ag. Ed. Rel. Medical Procurement Milk Control Board Middle Georgia Mem. Corp. - Ag. Ed. Rel. National Council Stream Improvement National Science Foundation - Algae Growth National Science Foundation - Odum National Science Foundation - Ragotzkie National Science Foundation - Wilson Navy - Burkholder Naval Stores - Beck (U.S. Forest Service) Ordnance - Cohen Parke-Davis Project Psychology - Anonymous Sou. Regional Council Trust Company of Georgia - Forestry United Cerebral Palsy University Center Walton County Elec. Membership - Ag. Ed. Rel. TOTAL GIFTS & GRANTS FROM PRIVATE SOURCES
SALES & SERVICES Agricultural Education Relations Bureau Business Research Literary Quarterly Psychological Clinic University Press Veterinary Clinic Veterinary Hygiene Mathematics Books Surveys - Education Southeastern Resources Handbook TOTAL SALES & SERVICES

General

Restricted

Income___________ Income________ Total

38,400.00 $ 38,400.00

11,000.00

11,000.00

250.00

250.00

6,000.00

6,000.00

20,896.61

20,896.61

28,467.00

28,467.00

50,000.00

50,000.00

-250.00

250.00

250.00

250.00

403.00

403.00

5,552.91

5,552.91

10,000.00

10,000.00

50.00

50.00

50.00

50.00

3,356.92

3,356.92

2,500.00

2,500.00

50.00

50.00

9,020.00

9,020.00

6,000.00

6,000.00

5,300.00

5,300.00

5,900.00

5,900.00

9,400.00

9,400.00

2,854.93

2,854.93

2,400.00

2,400.00

2,000.00

2,000.00

8,943.18

8,943.18

300.00

300.00

131,000.00

131,000.00

2,062.50

2,062.50

5,000.00

5,000.00

200.00

200.00

50.00

50.00

$

$424,307.05 $ 424.307.05

$

$ 13,716.97 $ 13,716.97

354.98

354.98

3,694.12

3,694.12

935.50

935.50

31,995.90

31,995.90

35,247.71

35,247.71

284.00

284.00

3.705.00

3.705.00

$ 72.157.23 $ 17.776.95 $ 89.934.18

72

UNIVERSITY O F GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) OTHER SOURCES Agricultural Extension Service General Experiment Station Rents Rents - Marine Biology State Department of Education Veterans Guidance Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFERS FROM: Restricted Funds (Overhead) General Funds Agency Funds Transfer from Continuing Education TOTAL TRANSFERS
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. CONTINUING EDUCATIONS STUDENT FEES Communications Community Services Conferences & Institutes Correspondence & Extension Augusta Center Columbus Center Gainesville Center Marietta Center Rome Center Waycross Center Negro Columbus Center Miscellaneous TOTAL STUDENT FEES
GIFTS Kellogg Foundation White House Conference TOTAL GIFTS
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
TOTAL CONTINUING EDUCATION INCOME

General Income

Restricted Income

Total

$ 4,150.00 $ 4,000.00 1 ,2 2 1.0 0

$ 4,150.00 4,000.00 1 ,2 2 1.0 0

767.50

767.50

1,179.33

1,179.33

3,362.87

3,362.87

2.358.60

2.358.60

JL. $ 16.271.80 JL 767.50

17.039.30

$3.813.177.64 $706.923.36 $4.520.101.00

$ 11,408.93 $

$ 11,408.93

3,734.13

3,734.13

1,127.00

1,127.00

3.440.50

3.440.50

$ 15.976.43 $ 3.734.13 $ 19.710.56

$3,829,154.07 $710,657.49 $4,539,811.56

$ 15,921.42 $

$ 15,921.42

2,343.04

2,343.04

10,962.15

19,962.15

96,429.68

96,429.68

70,113.30

70,113.30

77,008.30

77,008.30

11,005.64

11,005.64

28,177.00

28,177.00

29,732.93

29,732.93

40,480.72

40,480.72

14,341.70

14,341.70

7.269.82

7.269.82

$ 412.785.70 J ___ ___ L 412.785.70

$

$101,400.00 $ 1 0 1 ,,400,.00

6.123.40

6 ,,123..40

$

$107,523.40 $ 107,,523..40

$ 69.100.00 $

$ 69 ,, ,00

o
H

i - 481.885.70 $107,523.40 $ 589. 409. 10

73

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

C. AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Candler Clarke Howell Graduate Lucy Cobb Mary Lyndon Milledge Myers Hall Payne Hall Private Trailers Reed Hall Rutherford Small Dorms Soule Veterans Housing Sale of Equipment - Denmark TOTAL DORMITORIES
DINING HALLS Denmark Lucy Cobb Payne Snelling Tea Room TOTAL DINING HALLS
OTHER Printing Department University Stores TOTAL OTHER
TRANSFER FROM AGENCY (Trailor Camp)
TOTAL AUXILIARY ENTERPRISES
D. STUDENT AID ENDOWMENT Advancement Art Fund W. J. Bryan Fund J. B. Connally Fund John C. Harris Fund George D. Kitzinger Fund Isaac Meinherd Fund Neil Reid Memorial Fund H. B. Russell Cecil Willcox Fund A. F. Churchill - Scholarship

General Income

Restricted Income

Total

$ 22,470.00 $ 18,078.20 435.00 33,326.45 3,200.00 10,232.50 18,130.25 21,545.60 75,769.69 30,650.53
80,813.35 20,072.00
603.00 17,575.25 69,489.38
315.00 $ 422.706.20 $

$ 22,470.00 18,078.20 435.00 33,326.45 3,200.00 10,232.50 18,130.25 21,545.60 75,769.69 30,650.53
80,813.35 20,072.00
603.00 17,575.25 69,489.38
315.00 $ 422.706.20

$ 156,502.88 $
71,495.91 224,153.46
JL 452.152.25 $

$ 156,502.88
71,495.91 224,153.46
_____ L. 452.152.25

$ 96,241.10 $ 449.045.45
$ 545.286.55 $
$ 15.688.00 $
$1 ,.435.833.00 A ______

$ 96,241.10 449.045.45
$ 545.286.55
$ 15.688.00
$1,435,833.00

$

$

86.65 $

86.65

4.90

4.90

73.86

73.86

311.83 34.50
500.00 55.00 52.50
1,165.00

311.83 34.50
500.00 55.00 52.50
1,165.00

74

UNIVERSITY OF GEORGIA STATMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) ENDOWMENT (CONTINUED) E. G. Dawson - Scholarship Joseph R. Lamar - Scholarship T. E. Mitchell - Scholarship T. E. Mitchell - Coordinate-Schol. Hamilton McWhorter Fund H. L. Richmond Fellowship Michael Award -- University of Ga. Foundation Pharmacy Lamar Trotti - Scholarship F. C. Tucker - Scholarship Cecil Willcox - Scholarship University of Georgia Foundation TOTAL ENDOWMENT
GIFTS AND GRANTS B. Dowling Adams Scholarship Air Force Aid Society Altrusa Club Scholarship Alumni Fellowship Atlanta Civitan Club Atlanta Woman*s Panhellenic Assoc. Atlantic Cotton Assoc. Scholarship P. Backus - Cooper Barwick - Parrott E. T. Barwick - Parker E. T. Barwick - Wheeler Donald Bond Scholarship Thomas Bond Scholarship Charles J. Block Scholarship Callaway Educational Scholarship Child Service Association Scholarship Cobb Educational Fund - Pierce Columbia (S.C.) Kiwanis Club Hugh M. Comer Scholarship Dairy Scholarship Billy Jo Davis Delta Air Lines
Delta Phi Epsilon Scholarship Mrs. R. M. Durr Jane Edenfield -- Cooper Rebecca Felton Fund Forestry Scholarship Gair - Woodlands Garden Club Georgia Scholarship General Motors Corporation Georgia Canners Association Scholarship Georgia Power Company Scholarship Georgia Society C.p.A. Scholarship

General Income

Restricted Income

Total

$ _________

$ 1,820.00 $ 1,500.00 2,245.00 2,851.00 15.02 600.00 533.92 50.00 305.54 3,276.00 60.00 5.600.02
$ 2 1 .1 4 0 .7 4 $

1,820.00 1,500.00 2,245.00 2,851.00
15.02 600.00 533.92
50.00 305.54 3,276.00
60.00 5.600.02 2 1 .140.74

$

$ 183.00 $

183.00

1,146.00 200.00

1,146.00 200.00

5,000.00

5,000.00

600.00

600.00

180.00

180.00

500.00

500.00

822.00

822.00

500.00

500.00

500.00

500.00

500.00

500.00

150.00

150.00

225.00

225.00

300.00

300.00

2,709.00

2,709.00

644.50

644.50

500.00

500.00

400.00

400.00

400.00

400.00

1,600.00

1,600.00

456.00

456.00

600.00 100.00

600.00 100.00

1,600.00

1,600.00

813.00

813.00

61.30

61.30

307.00 1 ,000.00

307.00 1 ,000.00

600.00

600.00

1,850.00

1,850.00

250.00

250.00

180.00 300.00

180.00 300.00

75

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED) R. E. Gladin Scholarship Goldberg Mem. Fund Scholarship Edwin Gould Scholarship Great Southern Trucking Co. Scholarship Alice Green Scholarship Hadaway Union Bag Jean Grougrou Scholarship Albert S. Hardy Scholarship Harvey Union Bag Heidt Union Bag Scholarship Homelite Corp. - Scholarship Huckabee Auto Scholarship Interfraternity Council Scholarship Sallie Jones Scholarship E. Karratassos - Cooper Kroger Grocery Company Scholarship Ledger Enquiror Scholarship Jean K. Middleton - Cooper Mortor Board Scholarship Essie B. Murph Scholarship Inez Murray Award Dan McDougald Award National Assoc. Sec. School Prin. Schol. Odille Ousley Scholarship Poultry Scholarship R.S.A.M.A. Club Scholarship Ralston Purina Scholarship E. T. Rogers - Smith Rosenblatt Fund Savannah Sugar Ref. Scholarship Sears Roebuck - Agriculture Sears Roebuck - Home Economics Sears Roebuck - Morris Senior Scholarship Fund David Shack Scholarship J. Sullivan - Cooper Choon Won Shin St. Regis Scholarship Student Activities - Orchestra United Daughters Confederacy Union Bag Company J. D. Wheipley Fund Undergraduate School Various Sources - Music Various Sources - Pharmacy Maud Warwick Fund TOTAL GIFTS & GRANTS
TOTAL STUDENT AID
TOTAL CURRENT RECEIPTS
76

General Income

Restricted Income

Total

$ $ ........

$ 300.00 $ 360.00 710.58 500.00
1,042.00 1 ,000.00
180.00 183.00 1 ,000.00 1 ,000.00 500.00 100.00 180.00 1 ,020.00 534.56 866.68 183.00 429.00 135.00 400.00 100.00 350.00 1,500.00 650.00 4,332.66 800.00 2,226.66 250.00 300.00 250.00 1,976.96 800.00 200.00 209.29 550.00 600.00 750.00 1,600.00 949.99 150.00 8,124.00 750.00 1,128.00 1,949.64 875.00 600.00 $ 67.772.82 $

300.00 360.00 710.58 500.00 1,042.00 1 ,000.00 180.00 183.00 1 ,000.00 1 ,000.00 500.00 100.00 180.00 1 ,020.00 534.56 866.68 183.00 429.00 135.00 400.00 100.00 350.00 1,500.00 650.00 4,332.66 800.00 2,226.66 250.00 300.00 250.00 1,976.96 800.00 200.00 209.29 550.00 600.00 750.00 1,600.00 949.99 150.00 8,124.00 750.00 1,128.00 1,949.64 875.00 600.00 67.772.82

$

$88,913.56 $ 88.913.56

77 S907.094.45 $6,653.967.22_

Schedule C
EDUCATIONAL AND GENERAL Administrative & General Student Welfare Plant Operations Library Instruction Research Services Related to Instruction Extension
AUXILIARY Dormitories Dining Halls Gen. Dorm. & Dining Halls Printing Shop Stores
STUDENT AID Scholarships Awards
PLANT Additions to Plant Repairs (Not Cap.) Debt Service
TOTAL EXPENDITURES
REFUNDS TRANSFERS
TOTAL DISBURSEMENTS

UNIVERSITY OF GEORGIA
SUMMARY OF EXPENDITURES For Year Ended June 30, 1956

Continuing Education

Current Funds

Educational Auxiliary

& General

Enterprises

Other Non-Educ.

Plant Funds

Total

$ 69,304.11 $ 248,911.25 $ 141,382.24 587,536.43 256,149.72
260,952.11 2,483,497.94 428,653.47 288,219.03
168,253.83

$

$

223,425.80 371,191.90
13,510.18 87,500.47 442,601.46

13,200.00

87,522.35 1,164.02

$ 318,215.36 141,382.24 587,536.43 256,149.72
2,744,450.05 428,653.47 288,219.03 168,253.83
223,425.80 371,191.90
13,510.18 87,500.47 442,601.46
100,722.35 1,164.02

1,650,921.47 121,161.05 81.374.52

1,650,921.47 121,161.05 81.374.52

$498,510.05 $4,447,550.08 $1,138,229.81 $88,686.37 $1,853,457.04 $8,026,433.35

$

$ 13,159.66 $

$

33.440.50

73.288.67

186.409.16

$

$ 13,159.66

104.07

293.242.40

$531,950.55 $4,533,998.41 $1,324,638.97 $88,686.37 $1,853,561.11 $8,332,835.41

UNIVERSITY OF GEORGIA
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
Accounting Office Alumni Office Comptroller's Office General Expense President's Office Public Relations Registrar's Office Statistical Bureau Veterans Division
TOTAL ADMIN. & GENERAL
STUDENT WELFARE Dean of Students Dean of Men Dean of Women Director of Student Act. Placement Student Health Service TOTAL STUDENT WELFARE
PHYSICAL PLANT General Operations Grounds Janitors Repairs TOTAL PHYSICAL PLANT
LIBRARIES
INSTRUCTION Dean of Faculties Veterans Guidance College of Agriculture Dean's Office Agric. Economics Agric. Engineering Agronomy Animal Husbandry Dairy Food Technology Horticulture Landscape Architecture Plant Pathology Poultry

Fund Classification

General

Restricted

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

$ 42,560.55 $ 9,130.44
16,612.78 53,403.99 33,800.33 22,420.67 46,024.73 20,814.19
4.143.57 $ 248.911.25 $

$ 36,130.26 8,805.44
15,816.53 3,426.40
32,106.13 20,124.76 36,606.29 20,317.56
3.943.65 $177,277.02

$ 6,430.29
449.75 49,977.59
1,694.20 2,295.91 8,975.44
496.63 199.92 $ 70.519.73

$ 325.00 346.50
443.00
$1,114.50

$ 10,647.34 $ 23,372.04 21,140.57 11,143.23 13,256.01 61.382.30
i 140.941.49 $

440.75 440.75

$ 9,624.96 22,274.78 20,340.86 10,973.07 11,911.01 48.395.42
$123,520.10

$ 1,022.38 849.76 799.71 610.91
1,050.00 10.937.47 $ 15.270.23

$ 247.50
295.00 2.049.41 $2,591.91

$ 226,432.09 71,344.59
149,917.26 132.457.37 $ 580.151.31

$ 7,385.12 $ 7.385.12

$ 21,676.74 49,064.19 132,991.12 64.599.05
$268,331.10

$210,276.92 $1,863.55 18,497.39 3,783.01 13,030.14 3,896.00 64.717.25 3.141.07
$306,521.70 $12,683.63

$ 250.390.94 $ 5.758.78 $176,463.18 $ 10.109.43 $69,577.11

$ 18,706.16 $ 23,773.41

$ 17,927.87 $ 778.29 $

21,570.22

2,203.19

27,752.52 10,117.97 29,748.95 21,915.30 19,853.66 12,959.94 15,474.82 10,591.39 19,747.36 16,806.25
8,655.04

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

23,119.92 13,820.57 30,986.66 25,880.57 24,884.76 18,334.95 13,479.90 15,361.30 18,374.76 14,480.56 11,439.42

3,515.60 297.40
1,569.63 1,034.73
674.69 1,083.68 1,094.92
561.09 1,161.97
555.69 499.08

1,117.00
1,192.66 500.00 294.21 41.31 900.00 169,00 210.63
1,770.00 216.54

78

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

... __________________ ___ ______ Object Classification_______

Operating

Fund Classification

Salarie?

Supplies

GHeral

Restricted & Wanes

& Expense Equipment

A. EDUCATIONAL & GENERAL (CONTINUED)

INSTRUCTION (CONTINUED)

Arts & Sciences

Dean's Office Art Art G.E.B. Bacteriology Botany Chemistry Classics English Entomology Geography & Geology History Mathematics Modern Language Music Nursing Education Philosophy Physics Political Sciences Psychology Religion Sociology Speech & Drama Zoology Business Administration Education

$ 23,667.31 59,360.89 18,646.46 16,227.74 34,563.15 63,795.32 10,394.41
114,804.87 12,427.64 37,895.19 38,006.53 49,464.56 58,202.39 64,478.14
12,265.86 36,127.43 34,836.11 38,282.72
5,254.46 35,544.91 26,030.18 52,335.84 149,579.54

$ 1 ,000.00
33,371.42 2 ,000.00 3,936.11
3,000.00 2 ,000.00 3,000.00
17,915.49
2,400.00 2 ,000.00
2,124.28
2,300.00 1,500.00

$ 20,858.14 57,844.68 33,371.42 13,985.60 34,160.69 65,284.25 10,350.00
117,087.57 10,850.08 36,677.14 .37,706.59 52,222.55 57,334.44 63,102.90 15,783.60 12,165.36 36,181.95 36,506.64 36,864.49 5,248.79 37,282.92 25,526.44 47,633.32
145,220.50

$ 2,809.17 2,180.46 6,051.60 743.50 1,960.44 2,445.93 44.41 717.30 597.22 2,309.70 299.94 242.01 697.07 993.24 2,131.89 100.50 1,802.13 273.57 1,386.99 5.67 386.27 503.74 5,070.42 5,294.68

$ 335.75
12,594.86 1,498.64 442.02 1.25
980.34 908.35
170.88 382.00
543.35 55.90 31.24
1,932.10 564.36

Demonstration School General Lucas Fund Physical Education Teacher Training - Agric. Teacher Training - Home Ec. Forestry Graduate Graduate School G.E.B. Home Economics Journalism Law School Military Science Pharmacy Regents Professors Summer Quarter Veterinary Medicine

11,716.92 107,620.42
75,226.98 11,842.42 14,709.37 41,438.96 51,316.47
89,178.45 41,192.17 59,623.99
8,038.49 55,406.93
3,999.84 141,416.15

88,734.09 79.50
26,684.88 9,281.00 9,500.00
21,641.51 2,300.00
2 ,000.00

97,659.43 101,061.92
70,411.62 32,884.62 20,972.84 46,572.62 50,259.90 19,446.76 82,098.60 34,483.32 57,496.96
6,408.96 48,796.31
3,999.84 139,113.91

2,791.58 6,290.54
4,530.27 5,642.68 2,923.53 3,613.30 1,056.57
8,094.72 4,328.48 1,877.42 1,629.53 7,664.62
2,302.24

267.96 79.50
285.09
94.00 753.04
2,194.75 1,285.13 2,380.37
249.61
946.00

Dean's Office Anatomy & Histology Clinics & Medicine

17,113.89 3,964.83
40,712.60

2 2 ,000.00 81,000.00

15,821.56 23,433.26 84,751.48

1,212.83 1,339.77 35,606.77

79.50 1,191.80 1,354.35

79

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_______________________________________Object Classification______

Operating

Fund Classification

Salaries

Supplies

General________ Restricted & Wages

& Expense Equipment

A. EDUCATIONAL & GENERAL (CONT'D)

INSTRUCTION (CONTINUED)

Education (Continued)

Veterinary Medicine (Cont 'd)

Hygiene

$ 33,449.26

Pathology

32,809.56

Physiology

7.657.54

TOTAL INSTRUCTION

$2,076,729.66

$ 1 ,000.00 1 1 ,000.00 20 .000.00
$406,768.28

$ 31,383.36 41,273.27 25.918.14
$2,293,160.20

$ 2,498.65 2,034.56 1.143.95
$150,659.82

$ 567.25 501.73 595.45
$39,677.92

ORGANIZED RESEARCH

Air Force-Cooper

$

Atomic Energy-Savannah

Brucellosis

$ 6,392.06 $ 16,325.61
2,204.15

4,626.63 12,925.80
500.00

$ 1,197.18 2,298.00
96.52

$ 568.25 1,101.81 1,607.63

Buford Dam Botany Survey Bureau Business Research

16,212.56

250.00

250.00 14,354.89

1,857.67

Bureau Public Admin. Comer Research Eli Lilly Pharmacy General Marine Biology Medical Procurement Metabolism-USPH NCSI-Scott NSF-Algae Growth NSF-Burkholder NSF-Fort NSF-Odum NSF-Ragotzkie Navy-Burkholder Ordnance-Cohen

4,320.44 179,368.36

11,745.82 239.75
8,829.04 109,775.97
2,726.42 2,625.76 7,999.16 4,041.26 2,894.84 5,294.10 3,255.70 2,816.05 7,762.93 2,895.92

3,617.99 6,674.95
156,107.12 28,390.20 2 ,200.00 1,937.50 6,549.96 2,659.40 2,139.61 4,579.98 2 ,120.00 1,935.00 4,080.00 2,874.12

702.45 5,070.87
15,360.91 75,569.97
526.42 413.55 850.96 207.34 595.11 527.84 652.27 794.81 1,982.93
21.80

239.75 16,729.37
5,815.80
274.71 598.24 1,174.52 160.12 186.28 483.43
86.24 1 ,700.00

Ordnance-Samples

2,409.09

2,319.74

89.35

Parke-Davis-Burkholder

9,648.69

8,440.00

1,208.69

Parke-Davis-Cancer

1,298.93

1,150.61

148.32

Pine Nutrition

32.00

32.00

Sharpe & Dohme USPH-Hamilton USPH-Jost USPH-McGhee USPH-Hinton

4,124.74 7,567.88 5,028.83
259.00

3,500.00 7,475.99 2,630.65
240.00

516.39 91.89
1,516.18 19.00

108.35 882.00

Wyeth Lab.

8.41

8.41

Psychology Anonymous TOTAL ORGANIZED RESEARCH

300.00

300.00

199.901.36 $228,752.11 $ 284.588.55 $112,348.42 $31,716.50

EXTENSION & PUBLIC SERVICE

Agriculture

Ag. Educ. Relations

$

Milk Control

Short Course

$ 28,579.85 $ 2,980.82
4,004.00

15,019.84 $ 12,809.58 $ 2,980.82 4,004.00

750.43

80

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Object Classification

Fund Classification

General

Restricted

Salaries G Wacres

Supplies G Expense

Equipment

A.

'D)

Education

:c o n t *d )

Allstate Foundation

$

Atlanta Area Teacher

$ 3,765.27 $

$ 3,765.27 $

Training Cerebral Palsy Coop. Program

19,333.01

1 1 ,000.00 4,848.81

26,858.16 2,139.13

3,474.85 2,709.68

Elementary Educ. Field Service General Mills In-Service Educ. Kellogg Project Kellogg 1955-56 Mental Health Prog. Except. Children Reading Clinics

26,082.10 1,877.33
29,822.00

29,446.88
26.28
1,966.01 7,868.51 6,294.43
5.63

23,470.12 24,839.55
1,550.00 6,166.56 5,833.31 26,676.56

5,323.66 1,242.55
26.28 1,877.33
416.01 1,701.95
461.12 1,899.06

653.10 1,252.01

Surveys Other

1,644.63

24.37

1,620.26

Archaeology Art Museum Callaway-Art

3,743.77 7,186.21

653.00

3,046.45 5,569.43

1,350.32 985.64

631.14

Carnegie Corp.-Art

4,734.46

3,299.96

1,434.50

Ga. Poultry Imp. Assoc.

119.00

119.00

Inst. Law & Gov't

25,509.40

6,382.80

20,554.21

6,126.59 5,211.40

Literary Quarterly

11,325.47

6,615.01

4,710.46

Pitman-Moore

73.52

73.52

Squibb Short Course

490.94

490.94

University Press

38,220.91

500.00

13,725.81 24,995.10

Wildlife Cons.

6,028.99

3,789.70

1,893.24

346.05

Southeastern Handbook

3.705.00

185.00

3.520.00

TOTAL EXTENSION

$ 167.104.20 $121,114.83 $ 189.363.17 $ 90.011.73 $ 8.844.13

TOTAL EXPENSE

$3.664130.21 $770,219.87 $3,512,703.32 $755,441.06 $166,205.70

SCHOLARSHIPS

$ 13.200.00

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

$

$ 695.61

56,200.00

1,250.00

13,159.66 11,408.93 3.734.13 $ 59.934.13 $ 26.514.20

TOTAL EDUC. & GENERAL DISB. $3,737,264.34 $796,734.07

81

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Operating

Salaries & Waaes

Supplies & Expense

Equipment

B. CONTINUING EDUCATION ADMINISTRATIVE Admin.-Kellogg Managerial Evaluation TOTAL ADMINISTRATION

$

$ 48,930.09 $ 3 9 ,949.53 $ 8,980.56 $

19,074.01

17,378.61

1,206.11

489.29

1.300.01

1.300.01

$ 20.374.02 $ 48.930.09 $ 58.628.15 $ 10.186.67 489.29

INSTRUCTION Instruction Instruction-Kellogg Albany State Col.-Col. Augusta Center Columbus Center Gainesville Center Marietta Center Rome Center Waycross Center TOTAL INSTRUCTION

$ 16,562.32 $

$ 13,116.03 $ 1,034.45 $ 2,411.84

26,715.69

22,693.53

4,022.16

17,383.53 45^044.99

16,853.18 41,581.03

530.35 2,398.29

1,065.67

57^261.67 13]544.85 2 8 j151.84 28'647.96 27!639.26

51,944.59 10,700.46 24,660.78 25,182.00 25.024.98

4,418.32 2,549.39 3,143.36 3,221.96 2.318.78

898.76 295.00 347.70 244.00 295.50

$ 234.236.42 $ 26.715.69 $ 231.756.58 23.637.06 5.558.47

EXTENSION Communications Community Services Conferences & Inst. Correspondence White House Confer. TOTAL EXTENSION
TOTAL EXPENSES

$ 36,666.78 $ 17,044.01

$ 20,355.67 $ 10,257.78 $ 6,053.33

14,405.12

2,638.89

39,287.99

30,376.68

8,911.31

7 3 j433.24

63,103.88

10,259.60

69.76

1.821.81

1.104.26

717.55

$ 166.432.02 1.821.81 $ 129.345.61 $ 32.785.13 6.123.09

1. 421.042.46 $ 77.467.59

419.730.34 66.608.86 12.170.85

TRANSFERS TO: Plant Fund Univ. Educ. & Gen.
TOTAL CONTINUING EDUCATION

$ 3 , 716.32 $ 26, 283.68 3 . 440.50
i. 428. 199.28 103. 751.27

- C.

AUXILIARY ENTERPRISES DORMITORIES
Barracks Brown Clarke Howell Lucy Cobb Mary Lyndon Mi H e d g e Myers Hall Payne Hall Reed Hall Rutherford Small Dorms. Soule

11, 426.40 $ 12, 557.10 14, 529.39 10, 268.80 11, 863.32 10, 312.41 43, 254.17
8 , 753.61 32, 961.36 13, 716.15
800.00
10, 843.84

$ 4 , 300.00 $ 6 , 743.45 $ 382.95

5 , 528.44

6 , 544.43

484.23

7 , 192.62

6 , 883.42

453.35

5, 651.08

4 , 459.34

158.38

5, 309.26

6 , 043.38

510.68

5 ,694.12

4 , 128.69

489.60

19, 461.63 20, 670.11 3 , 122.43

3 , 872.10

4 , 823.10

58.41

16, 694.10

14, 496.57

1, 770.69

6 , 346.74

6 , 746.26

623.15

800.00

5 , 516.96

4 ,679.34

647.54

82

UNIVERSITY OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

___________________________________ Object Classification_________

Operating

Fund Classification

Salaries

Supplies

General

Restricted & Wages

& Expense Equipment

C. AUXILIARY ENTERPRISES (CONT.)

DORMITORIES (CONTINUED)

Veterans Housing TOTAL DORMITORIES

$ 42.139.25 _ J ____ L 223.425.80 ___

$ 17.927.06 $ 22.783.87 $ 1.428.32 $ 103.494.11 $109,801.96 $10,129.73

DINING HALLS Denmark Payne Snelling Hall Tea Room TOTAL DINING HALLS

$ 158,381.09 $ 71,771.14
141,025.03 14.64
$ 371.191.90 . $ .

GENERAL

L. 13.510.18 :

TOTAL DORM. & D. HALLS

608.127.88 $

OTHER Printing Department University Stores TOTAL OTHER

$ 87,500.47 $ 442.601.46
$ 530.101.93 .$. . .

TOTAL AUX. ENTERPRISES

$1,138,229.81 .

TRANSFERS TO:

Regents

$

Plant Funds

Plant Funds Debt Service

33,903.64 71,131.00 81.374.52

$ 34,030.66 $123,320.24 $ 1,030.19

10,635.93 59,269.19 1 ,866.02

37,210.99 100,135.13 3,678.91

15.83

(-)l.19

$ 81.893.41 $282,723.37 $ 6.575.12

$ 13.123.70 $ 386.48 $

$ 198.511.22 $392,911.81 $16,704.85

$ 44,149.11 $ 43,162.36 $ 189.00 51.692.42 388.325.21 2.583.83
$ 95.841.53 $431,487.57 $ 2.772.83
$ 294.352.75 $824,399.38 $19,477.68

TOTAL AUX. ENTERPRISES

$1 ,324.638.97

STUDENT AID

Endowment Scholarships

$

Scholarships

Awards

TOTAL STUDENT AID

i-

$ 20,330.66 67,191.69 1.164.02
$ 88.686.37

TOTAL CURRENT DISBURSEMENTS $5.490.102.59 $989.171.71

83

Schedule D

UNIVERSITY OF GEORGIA
STATEMENT GF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1956

Balance Beginning Of Year

Income for
Year

Expenditures for
Year_____ Transfers

Balance End of
Year

EDUCATIONAL & GENERAL

GOVERNMENTAL

State of Georgia Nursing Law Institute Exceptional Children Vocational

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

$ 39,764.02

$ 17,915.49 6,382.80 5.63
35,965.88

$ 7,493.45 R 1,250.00 T

(->11,812.89

Grants & Aids

Other States N. C.-Ag. Educ. Rel. Tenn.-Ag. Educ. Rel.

3.000.00 3.000.00

3,000.00 3,000.00

Miss.-Ag. Educ. Rel.

United States Morrill-Nelson

72,124.28 72,124.28

Department of Health For Mental Health For Burcellosis For Metabolism For McGhee
For Jost For Hamilton For Hinton Medical Procurement Air Force-Cooper Forest Service U.S. Navy-Burkholder

2 206.97 3, 900.00 6 g848.77
7. 080.65 2 ,498.21

4,506.26
4,136.00
9,282.23 4,771.98 4,485.00 3,356.92
3,500.00 2,854.93

6,294.43 2,204.15 2,625.76 5,028.83
7,567.88 4,124.74
259.00 2,726.42 6,392.06 3,500.00 7,762.93

. 2 .82 T 300. 00 OA ( (->2 .82 A ( 1 ,078. 00 OH ( 231. 62 R 1 ,875. 00 OH 591. 00 OH
1 ,056.,00 OH 900.,00 OH
621..03 OH

(-.>1,788.17
974.24 4,649.14
6,920.00 2,554.45 4,226.00 (->425.5 0 (->7,292.06
(->5,529.03

Counties & Cities

Clarke County For Dem. School

76,778.19 88,734.09

(- >11,955.90

Savannah Bd. of Educ.For Surveys

1 ,,417.44

1,417.44

Rome Bd. of Educ.For Surveys

292.82

292.82

Floyd County Bd. of Educ.For Surveys
Dougherty Co.-Surveys Richmond Co.-For Surveys
TOTAL GOVERNMENTAL

41 .388.38

276.78 893.56 434.47 $233,457.44

227.19 $277,259.00

$15.3% .10

276.78 666.37 434.47
$(-017.809.28

ENDOWMENT Alumni Library-Books Alumni Y.M.C.A._VRA W. H. Bocock-Books E. T. Comer-Bur Bus. Rsch. B. A. & T. N. DenmarkMaintenance Franklin College-Maint.

1 ,361.71 $ 370.47 $

$

2 ,024.81

440.75

440.75

42.28

10.26

11,737.30 11,745.82

3 ,221.07 2 ,784.88

1,147.78 8,629.04

1,147.78 8,629.04

$

1,732.18

2,024.81

52.54

(->8.52

3,221.07 2,784.88

84

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

'D) ENDOWMENT (CONTINUED)

Mary J. Franklin-Maint. Geo. R. Gilmer-Maint.

$ 162.90 440.79

Landscape-Maintenance Edmund Magers-Gen. Purpose>s

696.61 10.53

Geo. Foster Peabody-Law 0. V. Smith Wm. Terre11-Professor Univ. of Ga. Foundation

121.42 2,231.67
579.01

Lucas Fund Lumpkin Law

119.64

TOTAL ENDOWMENT

$ 13.796.32

$ 149.15 477.69
5,610.50 2.50
15.25 2,040.69
636.11 4,855.00
703.78 $ 36.826.27

$ 149.15 477.69
5,610.50
1,500.00 636.11
4,855.00 79.50
703.78 $ 35.975.12

GIFTS

Allstate Foundation

For Driver Training Anonymous CPEE Proj.

$ 2,189.02 3,231.55

Atomic Energy-Savannah

For Research Callaway Community Fund

951.04

For Art Carnegie Corporation

800.00

For Art

Emory University

For Atlanta Area

Evans Foundation Inc.

For Archaeology

Game & Fish Commission

For Wildlife Cons. G.E.B. - For Art G.E.B. - For Graduate

2,444.02 21,283.39

School General Mills-Nutrition Ga.-Ag. & Rsch. Fund Ga.Poultry Imp. Assoc.

19,700.24 1,055.81
69,053.07

For Vet. Medicine Ga. Elec. M.-For Ag. Educ.

119.37

Ga. Power Co.-For Ag.

Educ. Relations

Harvard Univ.-Buford Dam J. W. Johnson, Jr.-

300.00

Archaeology

Kellogg-For Educ. Kellogg-1955-56

(-)3,586.90

Eli Lilly-For Pharmacy

239.75

Little Ocmulgee Elec. Corp.

Livestock Judging

30.19

Middle Ga. Elec. Corp. For Ag. Education

$ 5,000.00 30,000.00 18,400.00
38,400.00 1 1 ,000.00
250.00 6 ,000.00 20,8%.61 28,467.00 50,000.00
250.00 250.00
403.00 5,552.91 1 0 ,000.00
50.00
50.00

$ 3,765.27 29,446.88
16,325.61
4,734.46 1 1 ,000.00
250.00
6,028.99 33,371.42
21,641.51 26.28
109,008.47
119.00 250.00
250o00 250.00
403.00 1,966.01 7,868.51
239.75 50.00
50.00

$

$

695.61

$ 695.61 $
825.31 R 2,400.00 OH
800.00 R

.37 A 50.00 R

162.90 440.79
13.03 136.67 2,772.36 579.01 40.14 13.951.86
2,598.44 3,784.67
625.43
33,665.54
2,415.03 8,808.58 26,525.73 1,029.53 10,044.60
2,131.49
30.19

85

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

A. EDUCATIONAL & GENERAL (CONTf0)
1
GIFTS (CONTINUED)

Milk Control Board for Dairy Short Course

$ 720.70 $ 2,500.00 $ 2,980.82 $

$

239.88

Natl. Council Stream

Imp.-Scott

9,020.00

7,999.16

820.00 OH

200.84

N.S.F. Wilson

9,400.00

9,400.00

N.S.F. - Algae Growth

6 ,000.00

4,041.26

900.00 OH

1,058.74

N.S.F. - Burkholder

3,168.01

2,894.84

273.17

I

N.S.F. - Fort

5,294.12

5,294.10

.02

N.S.F. - Odum

5,300.00

3,255.70

691.30 OH

1,353.00

N.S.F. - Ragotzkie

5,900.00

2,816.05

769.00 OH

2,314.95

Naval Stores-Westfall

2,400.00

2,400.00

Ordnance-Cohen

4,062.41

2 ,000.00

2,895.92 ( (-)592.79 OH

( 3,759.28 R

Ordnance - Samples

2,409.09

(-)2,409.09

Mitchell Co. Elec. M. Corp # Ag. Educ. Rel.

50.00

50.00

Parke-Davis-For Cancer Research
Parke-Davis-Research Pittman-Moore-For Rsch. Psychology-Anonymous Read Psycho.-Educ. Clinic Sharpe & Dohme

1,507.23 629.77 79.02
100.00 3.33

8,943.18 300.00

1,298.93 9,648.69
73.52 300.00

208.30 T (-)208.30 T

132.56 5.50
1 0 0 .uu 3.33

Sou. Regional Ed. Bd of Control Agric. Educ.
Squibb & Son-Research Tenn. Corp.-Pine Nutr. Trust Co. of Ga.-Forestry United Cerebral Palsy University Center

810.11 668.15
4,821.20

3,000.00
2,062.50 5,000.00
200.00

3,000.00 490.94 32.00
4,848.81 200.00

319.17
636.15 2 ,062.50 4,972.39

Veterinary Med.-Regional

I

Council

131,000.00 131,000.00

Wyeth Laboratories For Vet. Medicine

8.41

8.41

Walton County Elec. Mem.

f n m An. FHur.. Relations

TOTAL GIFTS

$139,683.01

50.00 $418,095.20

50.00 $432,633.40

$10,422.49

$ 114.722.32

SALES & SERVICES Southeast Resource Handbook Ag. Educ. Relations Math Books Comer Research M a r i n p R i n l nnv
qJ,iVniriliHrL Oc AaLttcCcO tFT 'itlifURUx.TrPS
T O T A l FDUC ir f.F.NFRAL

$ 8,263.70
10,330.82
$ 18.594.52

$ 3,705.00 13,716.97
354.98 767.50 $ 18.544.45

$ 3,705.00 18,879.85 1 ,000.00
767.50 $ 24.352.35

$

$

(-)2,880.00

(-)854.13 T

$ (-)3.734.13 $

5,980.82 9,330.82 1,209.11
16f520.75

$213,462*23 $706,923.36 $770,219.87 $ 22.780.07 $ 127,385.85

86

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

ENDOWMENT-S CHOLARSHIPS

Advancement of Art

Scholarship A. F. Churchill-Schol.

$ 277.06 $

86.65 $

$

108.00

1,165.00

1,273.00

E. G. Dawson Schol.

1,820.00

1,820.00

Joseph R. Lamar Schol.

1,500.00

1,500.00

T. E. Mitchell-Schol.

2,245.00

2,184.00

T. E. Mitchell- Coord. Schol.

2,851.00

2,851.00

Phelps-Stokes Schol.

166.67

166.66

Neil Reid Memorial-

Landscape Arch. Schol.

281.70

500.00

499.98

H. L. Richmond Fellowship

200.00

600.00

800.00

Lamar Trotti Schol.

94.50

305.54

300.00

F. C. Tucker - Schol.

3,276.00

3,276.00

Cecil Willcox Schol.

60.00

60.00

Univ. of Ga. Found. Schol.

5.600.02

5.600.02

TOTAL ENDOW. SCHOLARSHIPS $ 1.127.93 $ 20.009.21 $ 20,330.66 |

GIFTS-SCHOLARSHIPS

B. Dowling Adaras-Schol.

$

$ 183.00 $ 183.00 $

Air Force & Society Altrusa Club Schol.

1,146.00 200.00

1,146.00 200.00

Alumni Fellowship

5,000.00

5,000.00

Comer Found. Pharm. Educ.

.08

.08

Atlanta Civitan Club

600.00

600.00

Atlanta Federal Savings

Scholarship

500.00

500.00

Atlanta Womans Pan Hellenic

Assoc.

180.00

180.00

Atlantic Cotton Assoc.

Scholarship

500.00

P. Backus - Cooper

822.00

822.00

Barwick-Parrott

500.00

333.33

E. T. Barwick Parker

500.00

500.00

E. T. Barwick - Wheeler

500.00

500.00

Donald Bond Schol.

150.00

150.00

Thomas Bond Schol. Borden Ag. Schol. Award

1 ,200.00

225.00

225.00 300.00

Borden Co.-Home Ec.

1,800.00

300.00

Callaway Educ. Schol.

2,709.00

2,666.40

Child Serv. Assoc. Schol.

644.50

644.50

Cobb Educ. Fund-Pierce

500.00

500.00

Columbia (S.C.) Kiwanis

400.00

400.00

Hugh M. Comer Schol.

400.00

400.00

Chas. J. Block-Schol.

30.00

Dairy Scholarship

720.00

1,600.00

1,860.00

Davis Brother Schol. Billy Jo Davis

133.34 22.00

456.00

478.00

$

363.71

61.00 .01
281.72 100.04

_L

806.48

$

500.00 166.67
900.00 1,500.00
42.60
300.00 460.00 133.34

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

Balance

Income

Expenditures

Beginning

for

for

Of Year_________ Year_________ Year

Transfers

Balance End of
Year

B. STUDENT AID (CONTINUED) GIFTS-SCHOLARSHIPS (CONT'D) Delta Air Lines Delta Phi Epsilon Schol. Mrs. R. M. Durr James Edenfield-Cooper Rebecca Felton Fund Forestry Scholarship Gainesville Civitan Club Gair-Woodlands Garden Club of Ga. Schol. General Motors Corp. Georgia Canners Assoc. Ga. Educ. Charitable Fund Ga. Power Co. Schol. Ga. Soc. C.P.A. Schol. R. E. Gladin Schol. Goldberg Mem. Fund. Edwin Gould Schol. Great Southern Trucking Co. Scholarship Jean Grougrou-Schol. Alice Green Schol. Hadaway Union Bag Hall Bros. Inc. Schol. Albert S. Hardy Schol. Harvey Union Bag Heidt Union Bag Schol. Richard C. Holloman Homelite Corp. Schol. Huckabee Auto Schol. I.F.C. Scholarship Sallie Jones Schol. E. Karratassos - Cooper Kroger Grocery Company Lederle-Cyanamid-Schol. Ledger Enquiror-Schol. Jean K. Middieton-Cooper Robert Hampton Moran Mortar Board Schol Essie B. Murph Schol. Dan McDougald Award Albert S. McGahee Nat'l Assoc. Sec. School Prin. Scholarship Odille Ousley Schol. Poultry Scholarship R.S.A.M.A. Club Schol. Ralston Purina Schol.
Rayonier Found.-Forestry

300.00 $ 100.00 2,400.62
100.00 20.00
400.00
250.00 500.00
30.00

600.00 $ 100.00 1,600.00 813.00
61.30 307.00
1,000.00 600.00
1,850.00 250.00
180.00 300.00 300.00 360.00 710.58

600.00 $ 100.00 1,733.30 813.00
61.30 307.00
1,000.00 300.00
1,850.00 250.00
180.00 250.00 298.39 360.00 710.58

400.00
60.00
200.00 200.29 1,000.00
142.00 414.00
60.00 2.31
4,176.57
500.00

500.00 180.00 1,042.00 1,000.00
183.00 1,000.00 1,000.00
500.00 100.00 180.00 1,020.00 534.56 866.68
183.00 429.00
135.00 400.00 350.00
1,500.00 650.00
4,332.66 800.00
2,226.66

1,042.00 1,000.00
400.00
1,000.00 1,000.00
60.00 500.00 100.00 180.00 1,220.00 532.75 800.00 1,000.00
429.00 142.00 366.00 200.00
400.00 652.31 6,575.75 800.00 796.66 500.00

$

300.00

100.00

2,267.32

100.00 20.00
700.00

250.00
550.00 1.61
30.00

500.00 180.00

183.00

1.81 266.97
183.00
183.00 200.00 350.00
60.00
,1 100.00
1,933.48
1,430.00

88

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 (CONT'D)

Readers Digest-Journalism $ E. T. Rogers-Smith
Rosenblatt Fund Savannah Sugar

892.42 $

$ 250.00
300.00

55.63 $ 221.08
300.00

Ref. Scholarship Sears Roebuck - Ag. Sears Roebuck - Home Ec. Sears Roebuck - Morris Seedmans Scholarship

339.70 .16
247.71

250.00 1,976.96
800.00 200.00

125.00 2,316.66
800.00 200.00

Sr. Scholarship Fund David Shack Schol. J. Sullivan-Cooper Choon Won Shin Mildred Sparks-W.S.G. St. Regis Scholarship Student Act.-Orchestra U.D.C. Union Bag Company J. D. Whelpley Fund Undergraduate Schol. Various Sources-Music Various Sources-Pharmacy Maud Warwick Fund R. W. Woodruff
TOTAL

150.00

209.29

550.00

550.00

600.00

600.00

100.00

750.00

100.00

1,600.00

1,600.00

3,058.98

949.99

1,274.00

150.00

150.00

52.00

8,124.00

7,830.00

750.00

1,128.00

328.00

2,461.96

1,949.64

2,949.97

633.35

875.00

793.00

600.00

600.00

294.42

$ 23.861.91 $ 67.672.62 $ 67*191.69 $

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-Prize H. McWhorter-Prize TOTAL ENDOW.-AWARDS

$

53.98 $

469.82

311.83 99.29
154.97 27.34

$ 1.117.23 $

4.90 $ 73.86
311.83 34.50 55.00 52.50 15.02
547.61 $

10.00 $
13.84 311.83
100.00 27.77 15.02 478.46 $

GIFTS-AWARDS

Michael Award

$

Jesse W. Sayre

Student Act.-Prizes

Univ. Found. Award (Bert

Michael)

Inez Murray Award

Univ. Found.-Pharm. Award

TOTAL GIFTS FOR AWARDS

$ 200.00
48.16

500.00 $

185.17 433.33 _L_

33.92 100.00
50.00
683.92 $

500.00 $
35.56 100.00 50.00 685.56 $

$

836.79

28.92

125.00
.16
247.71 359.29

750.00

2,734.97
346.00 750.00 800.00 1,461.63 715.35
294.42 $ 24,343.04

$

48.88

543.68

(-113.84

311.83

133.79

109.97

52.07

$ 1.186.38

$ 200.00 48.16
183.53

$

431.69

TOTAL AWARDS

$ 1,550.56 $ 1,231.53 $ 1,164.02 $ ___________

1.618.07

89

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)
TOTAL STUDENT AID
SUB-TOTAL
CONTINUING EDUCATION Kellogg Foundation Whitehouse Conference
TOTAL RESTRICTED FUNDS

$ 26.540.40 $ 88.913.56 $ 88.686.37 $

JL 26.767.59

$240,002.63 $795,836.92 $858,906.24 $ 22.780.07 $ 154.153.24

$ 26,283.68 $101,400.00 $ 75,645.78 $ 26,283.68T $ 25,754.22

6.123.40

1.821.81

4.301.59

$266,286.31 $903,360.32 $936,373.83 $ 49.063.75 $ 184.209.05

SUMMARY OF TRANSFERS Refunds To Agency - Journalism Dean Fund To Educational and General (Overhead) To Unexpended Plant Funds From Educational & General - For Ag. Educ. Rel. From Educational and General - For Comer Sales Adjustments - Transfer to Educational & General
TOTAL

$ 13,159.66 695.61
11,408.54 27,533.68* (-02,880.00 (-0854.13
.39
$ 49.063,75

Law Institute Kellogg Foundation
TOTAL

$ 1,250.00 26.283.68
$ 27.533.68

90

Schedule E

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956

BALANCE OF PRINCIPAL - BEGINNING OF YEAR (Including Income Not Transferred)
ADDITIONS Income on Investments Gifts Recoveries on Student Loans Sale - American Tel. & Tel. Rights Transfers from Loan Funds Transfers from Endowment Funds Transfers from University of Georgia Scholarship Refund - University of Georgia Transfer from Interfraternity Council Miscellaneous TOTAL ADDITIONS
DEDUCTIONS Expense 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 Transfer to University of Georgia Foundation Miscellaneous TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL - END OF YEAR (Including Income Not Transferred)
GRAND TOTAL

Endowment Funds

Loan Funds

Miscellaneous Funds

$2,500,281.50 $807,073.63 $ 7.782.65

$ 82,028.72 $ 23,097.31 $

36,435.00

1,659.32

80.00

315.84

14,474.66

29,901.92

14,267.79

2,400.00

120.00

2,000.00

5.00

36.97

$ 149.527.01 $ 57.295.52 $

1,250.00 1.250.00

$

1,856.22 $

138.09 $

672.16

6,063.37

23,937.84 25,491.30

2,897.76

29,901.92

14,474.66

1,000.00

45.22 $ 59.593.74 $ 46.884.80 $

$2,590,214.77 $817,484.35 $

301.00 301.00
8.731.65

$3,416,430.77

91

Schedule E-l

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1956

ENDOWMENT FUNDS Fund for Advancement of Art Alumni Library Alumni G Y.M.C.A. W. H. Bocock Charles H. Brand Charles McD. Brown Henry W. Brown William J. Bryan Prize Bernice F. Bullard Elizabeth M. Bullard A. F. Churchill Memorial Edward T. Comer Hugh Moss Comer J. B. Connally Danforth Chapel Memorial May E. Talmadge D.A.R. R. W. McCurry D.A.R. B. A. and T. N. Denmark William Stark Denmark Eugene And Harry Dodd Philip Feingold Franklin College Mary J. Franklin Ebb W. Gallaher Memorial Georgia Birds George R. Gilmer Walter J. Grace J. C. Harris Award Harold Hirsch A. L. Hull Memorial Interfraternity Council Clyde M. Jr. and John King George D. Kitzinger Award Joseph R. Lamar Landscrip Francis A. Lipscomp Emma Long Lumpkin Law Endowment Joseph H. Lumpkin Charles F. McCay Hamilton McWhorter Award Dan McDougald Award Edmund Magers Isaac Meinhard Memorial Bert Michael Thomas E. Mitchell Educational T. E. Mitchell - Georgia

Balance Beqinning Of Year

Receipts Disbursements

Balance End of
Year

9,095.61 i5 151.10 $

11,033.96

370.47

13,469.64

440.75

416.79

12.83

1,191.60

312.04

554,417.25 19,472.94

28,144.69

985.63

247.89

4.90

31,394.77

1,993.24

57,847.60

1,774.91

36,569.35

1,852.90

363,014.85

15,118.17

1,900.00

38.51

2,465.53

75.48

14,405.86

4,997.77

121.34

1,500.00

40.40

36,153.93

1,161.16

19,193.41

574.44

1,661.98

153.91

1,136.40

33.62

118,000.00

8,629.04

4,359.00

157.15

5,500.00

125.00

32,237.50

15,130.00

477.69

1,250.00

1,000.00

15.68

1,457.27

41.82

435.65

8.99

1,000.00

2,000.00

13,107.54

667.28

11,790.07

311.83

25,000.00

960.15

242,202.17

6,410.50

2,343.50

205.44

652.78

17.85

33,856.18

2,060.98

16,057.61

569.54

298,797.48

8,801.53

512.55

16.52

350.00

102.79

2.50

1,000.00

34.50

850.00

33.92

140,135.26

4,633.72

46,477.16

4,263.76

108.01 $ 370.47 440.75
10.26 35.02 4,410.97 861.63
4.90 960.69
11.61 1,007.77 10,836.44
416.17 75.48 46.25 121.34 40.40
1,161.16 533.26 49.13
8,629.04 157.15 625.00
1,000.00 477.69
15.68 4.27
1,000.00 451.50 311.83 960.15
6,410.50 70.54 3.50
931.69 436.97 367.99
15.02 350.00
2.50 34.50 33.92 4,432.12 2,233.19

9,138.70 11,033.96 13,469.64
419.36 1,468.62 569,479.22 28,268.69
247.89 32,427.32 59,610.90 37,414.48 367,296.58
1,522.34 2,465.53 14,359.61 4,997.77 1,500.00 36,153.93 19,234.59 1,766.76 1,170.02 118,000.00 4,359.00 5,000.00 31,237.50 15,130.00 1,250.00 1,000.00 1,494.82
444.64 2,000.00 13,323.32 11,790.07 25,000.00 242,202.17 2,478.40
667.13 34,985.47 16,190.18 307,231.02
514.05
102.79 1,000.00
850.00 140,336.86
48,507.73

92

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

ENDOWMENT FUNDS (CONTINUED) T. E. Mitchell - Coordinate Pearl C. Moon C. A. and H. B. T. Moon Music Scholarship George F. Peabody Phelps-Stokes Fellowship Benjamin Z. Phillips Law Albon W. Reed Henry L. Richmond Horace B,, Russell Edward S. Shorter Hoke Smith Memorial Martin R. Smith 0. V. Smith
Stoddard--Sutton Scholarship William Terrell Berryman T. Thompson Lamar Trotti, Jr. Scholarship Frances Clementine Tucker J. H. R. Washington Science Cecil Willcox - Prize Cecil Willcox - Loan
TOTAL ENDOWMENT FUNDS
LOAN FUNDS 0. C. Aderhold Lucile Alexander Alphs Zeta Alumni Association Preston S. Arkwright R. and L. Arnold Atlanta Cotton Oil Company Atlanta Journal Atlanta Stockyards DuPree Barrett L. H. Beall Bibb County Dawson J. D. Bolton, Jr. Memorial Charles H. Brand Mary U. Broach Charles McDonald Brown Henry W. Brown Bryon County Dawson Shepherd F. Bryan N Bernice F. Bullard Asa Candler Charles H. Candler Carroll County Dawson

Balance Beginninq Of Year

Receipts Disbursements

Balance End of Year

$ 30,194.97 $ 2,557.51 $ 1,834.48 $ 30,918.00

2,652.64

100.05

2.60

2,750.09

2,669.23

100.65

3.90

2,766.79

2,465.00

167.79

67.79

2,565.00

475.00

15.25

15.25

475.00

17,897.79

458.19

61.00

18,294.98

15,065.28

731.45

397.55

15,399.18

5,123.74

154.51

94.26

5,183.99

31,597.47

928.30

645.73

31,880.04

1,913.13

55.00

55.00

1,913.13

10,434.13

1,023.00

316.29

11,140.84

4,752.42

81.32

.18

4,833.56

4,206.02

108.80

4,314.82

57,394.30

2,174.61

2,040.69

57,528.22

2,500.00

2,500.00

20,130.00

636.11

636.11

20,130.00

13,971.12

391.83

391.83

13,971.12

3,553.00

424.16

308.23

3,668.93

114,384.98

5,483.74

4,246.21

115,622.51

1,281.25

36.26

1,317.51

2,000.00

52.50

52.50

2,000.00

2.500.00

66.25

66.25

2.500.00

$2,500,281.50 $151,624.77

61.691.50 $2,590,214.77

634.00 $

7.55 $

742.23

17.25

446.98

11.00

1,536.23

31.71

1,794.71

64.21

232.05

5.31

538.47

22.60

1,738.04

54.28

185.37

4.25

1,095.70

28.16

200.62

5.37

490.59

18.16

1,037.53

23.95

628.82

46.81

408.18

8.75

19,746.47

5,056.29

1,806.42

876.22

25.70

403.67

10.88

4,388.28

1,055.27

293.78

5.90

308.10

5.00

344.78

8.31

$ 20.00
277.02 6,042.62
164.00 1,605.44

64 1.55 759.48 457.98 1,547.94 1,858.92 237.36 561.07 1,792.32 189.62 1,123.86 205.99 508.75 1,061.48 398.61 416.93 18,760.14 2,518.64 25.70 414.55 3,838.11 299.68 313.10 353.09

93

UNIVERSITY OF GEORGIA

STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Balance Beginning Of Year

Receipts Disbursements^

Balance End of Year___

LOAN FUNDS (CONTINUED) Chamber1in-Johnson-DuBose Charlton County Dawson Chatham County Dawson A. F. Churchill Memorial Citizens & Southern National Bank
Class of 1926 0. L. 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 G. Dawson DeKalb County Dawson William Stark Denmark Eugene and Harry Dodd Druid Hills Memorial J. C. Dukes - Home Ec. J. C. Dukes - Agriculture J. C. Dukes - Business Admin.
Early County Dawson Elbert County Dawson Epsilon Sigma Pi Exchange Club-Atlanta W. W. Findley Lucy Hurt Fischer Charles W. Ford Forestry 4-H Club Scholarship Freshman Y Commission Fulton County Dawson Ebb W. Gallaher 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

718.87 177.01 290.38 5,168.26 18,156.80 333.53 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 ,539.98 ,454.15 961.03 ,176.79 ,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

18.75 4.06 12.03
1,191.55 558.30 12.91 160.03 8.75 6.75
2,489.86
12,220.81 77.63
367.85 121.34
40.40 16.75 11,559.53 17.69 495.88 52.35
2.50 36.12 40.63 35.79
.75 19,25
1.57 7.25 102.83 43.99 18.00 48.15 47.22
.94 17.11 580.33 18.00 430.81 331.12 127.64
9.38 18.63 13.75 13.13
.62

1,922.15 270.70
2.58
16,034.28
.22 2,580.62
.29 81.18 104.78
.22 .43 .29 .14 .22 .07 .14 1.15 .07
2.30 .22
.22 197.66 308.65
.22
.29 .14

737.62 181.07 302.41 4.437.66 18,444.40 346.44 5,754.24 383.97 293.04 5,079.89
24.00 43.88 60,583.82 2,611.38 14,647.69 2.166.66 715.35 739.17 368,597.37 786.99 650.88 40.86 186.80 1,494.77 1,771.60 1,491.92 102.20 835.43 86.64 324.51 ,641.66 ,498.07 979.03 ,224.94 ,678.64
96.49 683.77 580.33 668.25 16,065.37 11 ,517.35 4,,903.07 271.66 327.92 776.90 624.84 822.85 469.72
18.08

94

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

LOAN FUNDS (CONTINUED) James H. Hunt Jasper County Dawson Mrs. Graham Johnson Bess D. Jones Sallie Maude Jones Junior League-Atlanta J. B. Keough Clyde L. Jr. & John King Kirkwood P.T.A. Joseph R. Lamar Landscape Architecture F. E. Lanier Laurens County Dawson Francis A. Lipscomb Arthur Lucas Joseph H. Lumpkin McIntosh County Dawson Macon County Dawson Mr. and Mrs. T. 0. Marshall R. H. Martin Meriwether County Dawson Moina Michael T. E. Mitchell - Georgia T. E. Mitchell - Coordinate Moon Muscogee County Dawson R. C. Neely C. T. Nunnally Hubert Owens Scholarship J. C. Payne Phi Delta Phi Benjamin Z. Phillips J. T. Pittard Memorial Clifford Pratt Memorial Albon W. Reed 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

Balance Beginning Of Year

Receipts

Disbursements

Balance End of Year

$ 135,362.71 $ 3,929.46 $

315.46

7.14

486.97

12.56

325.09

9.31

3,081.42

1,540.50

312.42

3.25

297.28

6.56

851.77

469.72

340.43

9.31

5,809.64

941.82

839.55

28.92

43.31

.32

511.54

8.75

65.84

76.04

156.49

2.79

1,285.70

438.00

2,348.41

58.55

1,039.67

27.38

1,217.00

26.56

277.02

5.62

374.03

10.25

646.75

18.06

6,535.28

2,384.24

12,777.71

2,024.54

80.54

.44

648.52

16.81

647.00

20.43

178.79

4.06

1,301.00

80.00

943.72

28.25

54.88

1.75

1,045.50

452.03

415.00

.76

821.00

19.00

150.00

90.00

174.05

3.37

1,653.47

55.27

1,303.65

33.62

300.26

7.88

292.00

6.57

415.29

6.57

176.80

4.06

1,179.04

58.24

292.85

5.94

24^.37

5.31

631.70

19.31

1,028.68

31.26

1,715.49

43.40

53.43 $ 139,238.74

10.22

312.38

.07

499.46

334.40

1,020.00

3,601.92

.14

315.53

.14

303.70

215.78

1,105.71

.07

349.67

1,500.00

5,251.46

868.47

.07

43.56

520.29

134.90

6.98

.22

159.06

78.03

1,645.67

25.43

2,381.53

1,067.05

1,243.56

.29

282.35

384.28

.14

664.67

4,742.77

4,176.75

3,963.03

10,839.22

80.98

.14

665.19

667.43

.07

182.78

1,381.00

971.97

56.63

453.72

1,043.81

415.76

3.65

836.35

240.00

.14

177.28

1,708.74

.22

1,337.05

.14

308.00

.07

298.50

60.29

361.57

.07

180.79

.79

1,236.49

298.79

.14

251.54

.14

650.87

.43

1,059.51

146.64

1,612.25

95

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

Balance
Beginning Of Year__________ Receipts

Disbursements

Balance
En(* * Year

LOAN FUNDS (CONTINUED) Student Veterans Mark Sullivan Sumter County Boys Dawson Sumter County Girls Dawson Tattnal County Dawson Telfair County Dawson Thomas County Dawson Berryman T. Thompson Meldrira Thompson Max Thurmond Memorial Toombs County Dawson Frances Clementine Tucker Leila Bates Tye Ware County Dawson Washington County Dawson Louis Welhouse C. P. Whitehead Whitfield County Dawson Cecil Willcox Robert Woodruff Ida Young TOTAL LOAN FUNDS

$

635.34 $

187.12

2,886.08

18.92 $ 2.50
83.00

1^935.31

51.00

438.80

12.81

10.00

233.05

3.22

7,598.41

428.42

276.82

9.04

1,513.42

8.00

125.00

2.50

18,396.87

4,225.01

l]175.60

37.82

'287.89

8.06

396.72

11.06

1,659.70

115.79

l|122.23

41.62

618.91

13.61

70.55

66.25

389.11 5.270.79

11.25 345.70

.$X,.- 807.073.63 $ 57.295.52 $

$ .57 .43 .07
.07 4,646.97
.07 .14
.36 60.00 65.45 46.884.80 J L

654.26 189.62 2,968.51 1,985.88 451.54
10.00 236.27 8,026.83 285.86 1,521.42 127.43 17,974.91 1,213.42 295.88 407.64 1,775.49 1,163.85 632.16
76.80 400.36 5.551.04 817.484.35

MISCELLANEOUS FUNDS

Georgia 4-H Club Foundation-General

$

Georgia 4-H Club Foundation-Mills Be Lane Georgia 4-H Club Foundation-University

of Georgia Home

__

TOTAL MISCELLANEOUS FUNDS

jL

7,641.66 $ 1,250.00 $ 40.99
100.00 7.782.65 $ 1o250.00 $

301.00 $ 301.00 $

8,590.66
A n QQ
100.00 8.731.65

96

Schedule E-2

UNIVERSITY OF GEORGIA
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1956

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 - Fraternity Homes Loans - University of Georgia Buildings Loan - Milledge Annex Wings Loan - Clarke Howell Wings Loan - Mary Lyndon Hall Loan - Rutherford Hall Loan - Alpha Chi Omega Loan - Phi Delta Theta Loan - Hawkes and Benson Property 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, Fraternity and Sorority Homes Loan, University of Georgia Buildings Loan, Milledge Annex Wings Loan, Clarke Howell Wings Loan, Alpha Chi Omega Loan, H. H. Hinton Property Loan, Catholic Student Center Loan, North Georgia College Loans, Students Savings Acct.-Athens Federal Savings and Loan Association
TOTAL LOAN FUNDS

Book Value

Market Value

$ 838,875.00 129,000.00 113,625.00 515,461.50 21,742.65 11,400.00 3,500.00 27,149.89 138,001.08 246,216.62 254,443.05 32,659.71 19,211.58 48,398.08 39,627.14 47,000.00 9,972.65

$ 814,418.00 30,357.00
115,914.00 534,699.00
38,900.00 25,000.00
6,000.00 27,149.89 138,001.08 246,216.62 254,443.05 32,659.71 19,211.58 48,398.08 39,627.14 47,000.00 9,972.65

13,872.73 5.984.80

13,928.84 5.984.80

$2,516,141.48 $2,447,881.44

$ 119,530.00 41,375.00 55,411.00 1.00 74,557.41 73,911.09 79,428.82 314.44 52,347.96 10,863.15 11,658.97 31,400.26
175,858.43

$ 116,638.00 42,616.00 56,606.00
74,557.41 73,911.09 79,428.82
314.44 52,347.96 10,863.15 11,658.97 31,400.26 175,858.43

2.765.88

2.814.28

$ 729.423.41 $ 729.014.81

97

Schedule E-2-1

UNIVERSITY OF GEORGIA
DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1956

STATE AND MUNICIPAL BONDS Atlanta, City of Savannah, City of Savannah, City of Georgia, State of (Constitutional Debt)
TOTAL STATE AND MUNICIPAL BONDS
U. S. TREASURY BONDS Series F Series G Series F Series G Series F Series F Series F Series G Series F Series G Series F Series G Series G Series G Series F Series F Series G Series G Series G
TOTAL TREASURY BONDS
STATE HOSPITAL AUTHORITY BONDS Revenue Bonds Revenue Bonds Revenue Bonds
TOTAL STATE HOSPITAL AUTHORITY BONDS

Rate of
Interest

Maturity Date

Book Value

Market Value

W

7-1-56

$

1,000.00 $

1,000.00

W

8-1-59

27,000.00

28,350.00

3%

12-15-59

1,000.00

1,007.00

100.000.00

A 129.000.00 A . 30.357.00

2.53%
Wo
2.93%
w
2.53% 2-5/8% 2.93%
w
2.93%
Wo
2.93%
Wo Wo Wo
2.93% 2.93%
Wo Wo Wo

7-1-56 12-1-56

$

200.00 $

196.00

33,825.00

33,554.00

12-1-56

1,000.00

980.00

1-1-57

1,000.00

986.00

2-1-57

38,100.00

36,652.00

2-15-57

150,000.00

144,300.00

5-1-57

175.00

168.00

6-1-57

1,200.00

1,183.00

6-1-57

100.00

96.00

6-1-57

14,255.00

14,055.00

8-1-57

50.00

47.00

8-1-57

500.00

491.00

2-1-58

500.00

489.00

7-1-58

418,600.00

408,554.00

10-1-59

740.00

887.00

12-1-60

740.00

861.00

3-1-61

75,390.00

72,450.00

6-1-61

100,000.00

96,100.00

12-15-72-67

2.500.00

2.369.00

L 838.875.00 $ 814.418.00

Wo

4-1-61

$ 50,000.00 $ 50,975.00

Wo

4-1-62

50,000.00

50,905.00

w

4-1-66

13.625.00

14.034.00

L 113.625.00 $ 115.914.00

98

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

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS
Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1951 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953
TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS
TOTAL BONDS

Rate of
Interest

Maturity

Book

Market

Date_________Value_________ Value

3 l/$>
3% 3y$/o
3%
3V&
3^o 3
3V$/o 3V&

5-1-66 5-1-67 5-1-74 5-1-75 5-1-76 5-1-77 6-1-77 5-1-78 5-1-79 5-1-80 5-1-81 5-1-82

$ 125,000.00 $ 130,000.00

125,000.00

130,000.00

30,000.00

31,125.00

30,000.00

31,125.00

30,000.00

31,125.00

30,000.00

31,125.00

8,761.50

8,536.00

30,000.00

31,125.00

30,000.00

31,125.00

30,000.00

31,125.00

28,700.00

29,676.00

18.000.00

18.612.00

$ 515.461.50 $ 534.699.00 $1,596,961.50 $1,495,388.00

Schedule E-2-2

DETAIL OF ENDOWMENT FUNDS - COMMON STOCKS For Year Ended June 30, 1956

American Telephone & Telegraph Company Blanchard and Booth General Motors Corporation Land Company of Florida Monsanto Chemical Company Perkins Hosiery Mills Socony-Vacuum Oil Company, Inc. U. S. Steel Corporation
TOTAL COMMON STOCKS

94 shares Vi share 156 shares 5 shares 28 shares 96 shares 162 shares 120 shares

Book Value

Market Value

$ 11,188.20 $ 16,920.00

1.00

2,651.60

4,693.00

1.00

1,288.00

1,288.00

1.00

3,819.29

9,234.00

2.792.56

6.765.00

$ 21.742.65 $ 38-900.00

Schedule E-2-3

UNIVERSITY OF GEORGIA
DETAIL OF LOAN FUNDS - BONDS For Year Ended June 30, 1956

Rate of
Interest

Maturity

Book

Date___________ Value_______

Market Value,,

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

2y$> 2-5/8% 2.53% 2^% 2^o
2$/>

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

TOTAL U. S. TREASURY BONDS

STATE HOSPITAL AUTHORITY BONDS Revenue Bonds Revenue Bonds

3$

4-1-65

3 &y>

4-1-65

TOTAL STATE HOSPITAL AUTHORITY BONDS

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

Series 1951

3%

Series 1951

3%

Series 1953

Series 1953

3y&>

Series 1953

3^o

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

6-1-76 6-1-77 5-1-81 5-1-82 5-1-83

TOTAL BONDS

$ 9,175.00 $ 9,102.00

40,000.00

39,200.00

4,900.00

4,714.00

10,745.00

10,595.00

30,100.00

29,377.00

24.610.00

23.650.00

$ 119.530.00 $ 116.638.00

$ 15,000.00 $ 15,000.00

26.375.00

27.166.00

$ 41.375.00 $ 42.616.00

$ 10,972.50 $ 10,670.00

1,138.50

1,164.00

1,300.00

1,344.00

12,000.00

12,408.00

30.000.00

31.020.00

$ 55.411.00 $ 56.606.00 $ 216.316.00 J L 215.860.00

Schedule E-2-4

DETAIL OF LOAN FUNDS - COMMON STOCK

COMMON STOCK

Pittsburg Placer Gold Mine Company

200 Shares

$

1.00 $

TOTAL COMMON STOCK

I _________ 1 .0 0 $

100

Schedule E-3

UNIVERSITY CF GEORGIA
STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS For Year Ended June 30, 1956

RECEIPTS Investments Realized Loan - University of Georgia Buildings Loan - Clarke Howell Wings Loan - Milledge Annex Wings Loan - Rutherford Hall Loan - Mary Lyndon Hall Loan - Alpha Chi Omega Loan - Phi Delta Theta Loan - Georgia State College Loan - North Georgia College Loan - Catholic Student Center Loans - Frat. & Sorority Homes Loan - H. H. Hinton Property Real Estate Notes Bonds Matured Amortization - Loss on Bonds Sale - American Tel. & Tel. Rights Student Notes
TOTAL INVESTMENTS REALIZED
INCOME FROM Income from Trusts Interest on Bonds Interest-University of Georgia Bldgs. Interest-Clarke Howell Wings Interest-Milledge Annex Wings Interest-Rutherford Hall Interest-Mary Lyndon Hall Interest-Alpha Chi Omega Interest-Phi Delta Theta Interest-Benson-Hawkes Property Interest-Ga. State College Interest-North Georgia College Interest-Catholic Student Center Interest-Frat. & Sorority Loans Interest-H. H. Hinton Property Interest-Real Estate Notes Interest-Student Loans Interest-Savings Accounts Dividends Rents
TOTAL INCOME FROM TRUSTS

Endowment Funds

Loan Funds

Miscellaneous Funds

Totals

$ 24,824.45 $ 12,322.76 $

6,621.25

8.16

6,394.42

2,062.76

681.67

400.99

601.92

652.04

372.86

21,358^48

1,017.23

491.08

2,450.14

3,770.39

663.04

1,378.86

281,725.00 44,050.00

1,149.00

315.84

33.625.81

$326.916.40 $120.021.75 $

$ 37,147.21 6,629.41 8,457.18 681.67 400.99 1,253.96 372.86
21,358.48 1,017.23 491.08 6,220.53 663.04 1,378.86
325,775.00 1,149.00 315.84
33.625.81
$446.938.15

$ 50,998.28 $ 5,606.64 $

4,884.78

2,587.04

7,831.93

9.68

7,578.32

2,444.76

686.44

1,166.95

1,652.40

1,790.10

1,195.83

508.30

373.77

972.52

546.75

1,317.75

4,208.12

311.96

550.30

3,838.73

117.94

87.74

1,871.50

1.668.00

319.50

$ 82.028.72 $ 23.097.31

1.250.00

$ 56,604.92 7,471.82 7,841.61
10,023.08 686.44
1,166.95 3,442.50 1,195.83
508.30 373.77 972.52 546.75 5,525.87 311.96 550.30 3,838.73 205.68 1,871.50 3.237.50

1.250.00 $106.376.03

101
LIBRARIES
GEOR^V

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

RECEIPTS (CONTINUED)
FUNDS TRANSFERS To From
NET TRANSFERS
MISCELLANEOUS Gifts Recoveries - Student Notes Transfers from University of Georgia Lucy Cobb Interfraternity Council Withdrawal-Savings Account Miscellaneous
TOTAL MISCELLANEOUS RECEIPTS
TOTAL RECEIPTS Cash Balance July 1, 1955
TOTAL RECEIPTS & CASH BALANCE
DISBURSEMENTS Investments Loans - University of Georga Buildings Student Loans Deposits in Savings Accounts Bonds Purchased Stock Purchased
TOTAL INVESTMENTS
Expenses of Trusts Repairs Accrued Interest-Bonds Charges-Purchase of Stock Collection Cost Transfers to University of Georgia for Scholarships Transfer to Other Schools Transfer to University of Georgia Foundation Miscellaneous
TOTAL EXPENSE OF TRUST

Endowment Funds

Loan Funds

Miscellaneous Funds

Totals

$ 14,474.66 $ 29,901.92 $

29.901.92

14.474.66

(-)15.427.26 $ 15.427.26 $

$ 44,376.58 44.376.58
$

$ 36,435.00 $ 1,659.32 $ 80.00

14,267.79

2,400.00

2,000.00

15.02

5.00

159.97

$ 52.722.81 $ 4.296.29 $

$446,240.67 $162,842.61 $ 52.672.05 69.580.18

$498,912.72 $232,422.79 $

$ 38,094.32 80.00
14,267.79 2,400.00 2,000.00 15.02 161.97
$ 57.019.10
1,250.00 $610,333.28 7.782.65 130.034.88
9.032.65 $740,368.16

$ 87,000.00 $

$

61,754.84

12,059.61

87.74

294,800.00 56,172.50

1.288.00

$395,147.61 $118,015.08 $

$ 224.96 $ 1,606.97 16.29

$ 138.09
672.16

23,937.84 2,897.76

25,491.30

1,000.00 8.00

45.22

$ 29.691.82 $ 26.346.77 $

$ 87,000.00 61,754.84 12,147.35
350,972.50 1.288.00
$513,162.69

$ 224.96 1,745.06 16.29 672.16

49,429.14 2,897.76

301.00

1,000.00 354.22

301.00 $ 56.339.59

102

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

TOTAL DISBURSMENTS

l

CASH BALANCE JUNE 30, 1956

TOTAL DISBURSEMENTS & CASH BALANCE

Endowment Funds

Loan Funds

Miscellaneous Funds

Totals

$424,839.43 $144,361.85 $ 74.073.29 88.060.94
$498,912.72 $232,422.79 $

301.00 $569,502.28 8.731.65 170.865.88 9.032.65 $740,368.16

Schedule F

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Restricted-General Auxiliary Continuing Education
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Miscellaneous Endowment Loan
TOTAL TRUST FUNDS
TOTALS

Cash Balance July 1. 1955

Receipts

Cash Balance Disbursements June 30. 1956

$ 435,370.04 266,286.31 124,933.45 36.983.45

$3,829,154.07 907,094.45
1,435,833.00 481.885.70

$ 3,737,264.34 989,171.71
1,324,638.97 428.199.28

$ 527,259.77 184,209.05 236,127.48 90.669.87

$ 863.573.25 $6,653,967.22 $ 6.479.274.30 $1,038,266.17

$ 365.872.08 $1,424,520.68 $ 1.413.516.91 $ 376.875.85

$1,405,683.11 $1,239,135.89 $ 1.802.476.19 $ 842.342.81

$ 7,782.65 $ 1,250.00 $

301.00 $ 8,731.65

52,672.05

498,267.67

476,866.43

74,073.29

69.580.18

177.317.27

158.836.51

88.060.94

$ 130.034.88 $ 676.834.94 $ 636.003.94 $ 170.865.88

$2,765,163.32 $9,994,458.73 $10,331,271.34 $2,428,350.71

SUMMARY Cash & Cash Balances C & S National Bank-Savings Certificates C & S National Bank National Bank of Athens Cash on Hand Hubert Banking Company
Trust Funds National Bank of Athens C & S National Bank, Athens, Georgia Cash on Hand
T0TAL
103

$ 2,026,456.50 105,300.00 61,634.89 25,693.44 38.400.00

$2,257,484.83

$

2,989.86

167,604.83

271.19

170.865.88

$2.428.350.71

Schedule G

UNIVERSITY OF GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Alpha Chi Onega Alpha Epsilon Pi Building Fund Alpha Gamma Rho Alpha Tau Omega Alpha Tau Omega Building Fund Alumni Society Art Auction Art Exhibit Athletic Association Atlanta Constitution Bacteriology Breakage Biology Breakage Breakage-Genera1 Bureau Business Research Burglary Loss-Demonstration School Burmese Embassy Chemistry Breakage Chi Psi Building Account Commemorative Plates Community Concerts Commutations Cosmopolitan Club Danforth Chapel Committee Delta Kappa Gamma Demonstration School Cafe. Display Account Employees Retirement Experimental Forestry Faculty Flowers Farm Short Course Federal Housing Project Forestry Camp Founders Memorial Garden G.E.B. Sou. Educ. Film G-10 Boland Fund G-10 Sesquicentennial Georgia Power Company Georgia Power Company Rights Gift for Pharmacy John Hancock Insurance H. Hirsch Hall Fund Home Ec. School Lunch Home Management
Conferences & Institutes Industrial Arts Interfraternity Council Intramural Journalism Deans Fund Kappa Alpha

Cash Balance July 1. 1955

Receipts

Cash Balance Disbursements June 30. 1956

$

$ 5,916.87 $

700.00

162.00

2,556.00

507.39 500.00

2,149.00 2,755.00

355.00

17.84

2,455.45

2,193.66

1.68

105.74 1,250.00

115.00

22.39

6.61

3.00

13,665.59

10,822.87

54.91

.70 2,076.70

56.00

8,505.75

6,240.71 3,302.54

918.22

34.00

5,478.80

14,119.90

31,851.02

9.43

48.04

13,605.79

1,614.50

4.75

3,069.20

28,131.62

55.00

117.40

1,559.10

1,393.30

5,363.31

36.77

54.70

12,476.87

4,606.00

15,688.00

1,021.12

885.00

828.62

596.61

7,869.68

15.00

3,886.49

21.63

7.61

150.00

128.66

48,991.33

1,307.32

276.11

1,330.00

940.21

9,504.50

11,937.17

56,427.50

394.45

1,695.88

3,878.83

10,166.15

367.47

4,746.45 695.6IT

18.90

4,882.50

5,011.78 $
1,089.08 2,091.39
200.00 359.00 1,797.66 101.65 1,250.00
22.39
9,224.10 24.45
2,076.70 56.00
6,279.43 12.00
5,016.76 36,788.69
56.46 14,397.79
29,938.19
1,562.70 3,125.17
51.68 3,166.05 15.688.00T 1,413.76
145.30 183.81
630.96
150.00
47,472.32 693.97T
9,035.75 54,317.72
1,429.29 13,563.56
5,063.19 92.00
4,949.05

905.09 lUU.UU 1,628.92 565.00 3,055.00
13.84 2,851.45
5.77
115.00
9.61 15,264.36
31.16
8,467.03 3,290.54
952.22 462.04 9,182.23
1.01 822.50
4.75 1,262.63
55.00 113.80 3,631.44
39.79 13,916.82
492.36 1,279.93 7,685.87
15.00 3,277.16
7.61
128.66 1,519.01
613.35 1,606.11 1,408.96 14,046.95
661.04 481.42
50.73 603.61 (->47.65

104

UNIVERSITY OF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

Kappa Psi Kappa Sigma Building Fund Laundry Lectures Machado Bros. Foundation Military Deposits Miller Dramatics Club Model Fees Mortar Board Movie Project Music 9th & District Sci. Fair Panhellenic Council Phi D. Thesis Pharmacy Dean's Fund Phi Delta Theta Phi Delta Theta -- Operations Phi Epsilon Pi Physics Breakage Pi Kappa Alpha Pi Kappa Phi Portrait Account Reed Hall Council Religious Activities Reserve for Red & Black Radio Corp. America Sales Tax - Animal Husbandry Sales Tax - Bur. Bus. 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 Sorority Deposits Sou. Reg. Poultry Breeding Project Special Air Force State Home Demonstration Student Act.-Continuing Education Student Activities-Director Student Activities-General Student Clubs

Cash Balance July 1. 1955

Receipts

Cash Balance Disbursements June 30o 1956

$
2,553.93 572.96 200.00
35,698.70
7.56 179,23 2,578.61 12,257.23 97.82 1,684.12 859.60
1,074.98 881.67 57.29 430.00 182.20 81.29
5,403.60 4,259.47
1.22 2.21 51.35 14.39 5.92 9.94 155.74
.04 50.91
1.91 14.13 233.44
2.76 11,514.20
843.72 392.66 156.10
1,991.75 259.67 36.51
155.04 45,532.38
258.50

$ 3,396.80 25.00
61,158.39 900.00
1,800.00 86,438.97
150.00 70.00
1,023.10 2,600.00 13,995.83
250.00 1,945.10
275.00 550.00 5,275.85 1,050.00 2,256.00
2,237.50 1,232.00
52.67 5,865.50
100.00 4.36 3.23
2,460.43
20.49 63.02 173.93
79.97 242.38
82.67 10,531.72
355.98 21,235.80
2,100.00 4,686.80
6,090.00
4,165.00 2,265.00 131,569.66 1,850.00

$

3,156.80

60,206. 3 685.32
1,800.00 81,246.18
150.00 58.00
1,198.39 1,219.03 18,045.05
179.46 1,644.35
507.80 55.45
4,270.69 749.55
3,330.98 565.03
2,235.29 1,327.73

133.96 8,566.54 2,339.81

5.01 5.44 2,420.56

19.79 59.17 157.28

77.27 242.62
81.35 10,152.76
127.80

1,153.14 3,606.86
156.10 270.00 1,991.75 156.00

101.21
2,187.23 156,197.34
1,768.00

$

240.00

25.00

3,505.39

787.64

200.00

40,891.49

19.56 3.94 3,959.58 8,208.01 168.36 1,984.87 626.80 494.55 1,005.16 300.45

316.64 59.50
334.27 182.20

2,702.56 1,919.66
100.00 .57

91.22 14.39 6.62 13.79 172.39
.04 53.61
1.67 15.45 612.40 230.94 32,750.00 1,790.58 1,472.60

5,820.00

103.67 36.51 4,063.79
232 81 20,904.70
340.50

105

UNIVERSITY OF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

Student - Faculty Teas Student Fund - Dean's Office Student Papers Student Union Study of Georgia Negro Tau Epsilon Phi Bldg. Acct. Towel Deposit Traffic Fine Typing Veterans Thesis Unallocated University Band University Theatre Vending Machine Vet. Hygiene Breakage Vet. Medicine Library Vocational Rehabilitation Womans Student Government Workshop Lunchroom
SUB-TOTAL
Retirement Social Security Withholding Tax
TOTALS

Cash Balance Julv 1. 1955

Receipts

Cash Balance Disbursements June 30. 1956

$

43.69 $

$

1,392.13

2,504.00

4,040.32

20,750.00

15,754.74

20,419.06

175.00

821.00

14,875.00

1,980.15

2,048.64

4,399.00

137.28

213.92

433.34

199.61

3,882.32

4,414.75

5,239.40

212.54

.02

692.20

105.00

345.65

143.00

38.60

144.39

432.70

1.212.50

13.70 $ 2,415.06 20,750.00 26,024.01
4.50 1,369.22 5,526.35
102.66
4,047.17 4,020.32
.02 104.00 143.00
1.368.66

29.99 1,481.07 4,040.32 10,149.79
175.00 15,691.50
610.93 921.29 248.54 433.34
34.76 5,633.83
212.54
693.20 345.65 182.99 276.54

$ 282.746.00 $ 715.381.77 $ 719.025.49 $ 279.102.28

$ 23,021.47 $ 179,536.90 $ 176,384.50 $ 26,073.87

3,313.48

35,702.15

34,881.96

4,133.67

56.791.13

493.899.86

483.124.96

67.566.03

$ 365.872.08 $1 .424.520.68 $ 1,.413.516.91 $ 376.875.85

SUMMARY OF DISBURSEMENTS
Transfer to General (Farm Short Courses) Transfer from Restricted (Journalism Dean) Disbursement Transfer to Plant Transfer to Auxiliary
TOTAL

$

$

1,127.00

695.61

1,364,364.41

32,337.50

___________ 15.688.00

$

695.61 $ 1.413.516.91

106

Schedule H

UNIVERSITY OF GEORGIA
STATEMENT OF UNEXPENDED PLANT FUND For Year Ended June 30, 1956

Plant Additions

Debt Service

Total

BALANCE, BEGINNING OF YEAR

$1,405,682.30 $

.81 $1,405,683.11

ADDITIONS

Rents - General

$ 8,120.02 $

Gifts

Kellogg Foundation for Continuing Education

500,000.00

U. S. Department of Agriculture

5,000.00

Alpha Chi Omega (Mrs. J. W. Gholston)

100.00

Phi Delta Theta

33.59

Sidney 0. Smith - For Phi Delta Theta

500.00

Georgia Stu. Educ. Fund - For Band

1,051.23

Mrs. Paul Gardner - For Continuing Educ. Museum

500.00

Mrs. Richard K. Mellon - For Continuing Educ. Museum

1,000.00

William Potter-For Continuing Education Museum

500.00

J. M. 01 in- For Continuing Education Museum

500.00

C. Mahlon Klein-For Continuing Education Museum

500.00

Mrs. Mary H. Hunter-For Continuing Education Museum

500.00

Fire Loss-Memorial Hall

650.00

Fire Loss-Chapel

13,635.31

Sale of Equipment-Ag. Eng.

350.00

Interest on Temp. Inv.-Kellogg

8,424.23

Interest on Temp. Inv.-Other

11,732.94

Regents Allocation

370.987.22

$ 8,120.02
500,000.00 5,000.00 100.00 33.59 500.00 1,051.23 500.00 1,000.00 500.00 500.00 500.00 500.00 650.00
13,635.31 350.00
8,424.23 11,732.94 370.987.22

TOTAL INCOME
TRANSFERS FROM EDUCATIONAL AND GENERAL For - Infirmary For - Pipe Organ For - Denmark Hall For - Institute of Law and Government

1 924.084.54 $
$ 2,200.00 $ 12,000.00 42,000.00 1.250.00

_ L 924.084.54
$ 2,200.00 12,000.00 42,000.00 1.250.00

TOTAL TRANSFERS FROM EDUCATIONAL AND GENERAL
TRANSFERS FROM AGENCY For - Student Center For - Red & Black

1 57.450.00 $
$ 30,000.00 $ 2.337.50

$ 57.450.00
$ 30,000.00 2.337.50

TOTAL TRANSFERS FROM AGENCY
TRANSFER FROM AUXILIARY ENTERPRISES For Debt Service For Lucy Cobb For Vet Housing For Barracks Equipment For Bookstore Warehouse For Soule Repairs For Payne Hall Repairs For Mary Lyndon Repairs

L 32.337.50 $

$ 32.337.50

$

$81,374.52 $ 81,374.52

2,600.00

2,600.00

24,000.00

24,000.00

1,600.00

1,600.00

4,466.00

4,466.00

1,800.00

1,800.00

1,000.00

1,000.00

1,000.00

1,000.00

107

UNIVERSITY O F GEORGIA STATEMENT OF UNEXPENDED PLANT FUND (CONTINUED)

TRANSFER FROM AUXILIARY ENTERPRISES (CONTINUED) For Barracks Repairs For Bookstores Equipment For Phi Delta Theta Equipment For Bookstore Caps & Gowns For Candler Hall Equipment
TOTAL TRANSFERS FROM AUXILIARY
OTHER TRANSFERS From Trust Funds-Law & Graduate Dorm. From Trust Funds-Phi Delta Theta From Continuing Education-Surplus-For Kellogg Ctr. From Kellogg Oper.-For Kellogg Center From State Highway Dept.-Campus Road
TOTAL OTHER TRANSFERS
TOTAL ADDITIONS
DEDUCTIONS LAND Graduate-Law Dorm. Site-Lumpkin St. Vacant Lot - Hull Street TOTAL LAND
BUILDINGS AND ADDITIONS TO BUILDINGS Alpha Chi Omega Art Museum Book Store Warehouse Kellogg Center Lumpkin Street Property Mary Lyndon Phi Delta Theta Vet Housing - Shop - Office Stegeman Hall TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS East Campus Road Electrical Distribution System Gas Main Heating System Stadium Wall TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Administrative Student Welfare Plant Operations

Plant

Debt

Addition_______ Service_______Total

$ lv800.00 $

$ 1,800.00

3,500.00

3,500.00

10,000.00

10,000.00

6,965.00

6,965.00

12.400.00__________________12,400.00

$ 71.131.00 $81.374.52 $ 152.505.52

$ 47,000.00 $

$ 47,000.00

40,000.00

40,000.00

3,716.32

3,716.32

26,283.68

26,283.68

6,843.25___________________ 6,843.25

$ 123.843.25 $

$ 123,843.25

$1.208.846.29 $81.374.52 $1.290.220.81

$ 46,879.25 $

$ 46,879.25

_____ 6.652.75___________________ 6,652.75

$ 53.532.00 $___________ $ 53.532.00

$ 32,165.04 $

$ 32,165.04

20,069.23

20,069.23

4,466.00

4,466.00

1,271,025.19

1,271,025.19

16,870.51

16,870.51

1,415.44

1,415.44

73,509.51

73,509.51

5,787.79

5,787.79

3,634.94___________

3.634.94

$1,428,943.65 $___________ $1,428,943.65

$ 33,689.06 $

$ 33,689.06

14,422.58

14,422.58

1,522.32

1,522.32

250.00

250.00

5.000.00___________________ 5.000.00

$ 54.883.96 $___________ $ 54.883.96

$ 1,045.00 $ 1,598.15 26.00

$ 1,045.00 1,598.15 26.00

108

UNIVERSITY OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) EQUIPMENT (CONTINUED) Library Library Books Library Books - Law College of Agriculture College of Arts and Sciences College of Education School of Home Economics School of Journalism School of Law School of Pharmacy School of Veterinary Medicine Research Band Student Center Memorial Hall Memorial Hall Red and Black University Stores Barracks Phi Delta Theta TOTAL EQUIPMENT
REPAIRS Architects Fees - Student Union Electrical Engineer's Fees Commerce-Journalism Heating System Commerce-Journalism Offices Candler Hall Academic Building Clarke Howell Dorm. Denmark Hall Conner Hall Barrow Hall Hardman Hall LeConte Hall Mary Lyndon-Rutherford Military Building Museum Memorial Hall Chapel Chapel Equipment Forestry Building Barracks Band Fine Arts Building Gilbert Memorial Infirmary Milledge Hall New College Lucy Cobb Dorm.

Plant Additions

Debt Service

Total

$

112.82 $

10,000.00

6,000.00

6,887.47

13,125.72

1,143.11

1,338.40

368.42

224.28

1,438.30

3,078.25

3,872.95

3,497.93

27,403.91

17,619.80

2,337.50

10,445.00

1,600.00

398.85

$ 113.561.86 $

9,600.00 $ 2,000.00 1,045.35 1,600.00 3,359.25 12,000.00 4,400.00
2.88 11,388.85
115.32 3,496.64 2,548.96
134.17 7,405.20 20,000.00 3,000.00
347.31 850.00 1,269.40 1,800.00 259.63 1,979.67 1,718.16 1,800.00 2,255.67 2,074.42

$ __L

112.82 10,000.00
6,000.00 6,887.47 13,125.72 1,143.11 1,338.40
368.42 224.28 1,438.30 3,078.25 3,872.95 3,497.93 27,403.91 17,619.80 2,337.50 10,445.00 1,600.00 398.85 113.561.86

$ 9,600.00 2,000.00 1,045.35 1,600.00 3,359.25
12,000.00 4,400.00
2.88 11,388.85
115.32 3,496.64 2,548.96
134.17 7,405.20 20,000.00 3,000.00
347.31 850.00 1,269.40 1,800.00 259.63 1,979.67 1,718.16 1,800.00 2,255.67 2,074.42

109

UNIVERSITY OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) REPAIRS (CONTINUED) Lumpkin Street Property Park Hall Payne Hall Poultry Building Repairs-Other Science Lab Soule Hall Veterans Housing Waddell Street, 165 TOTAL REPAIRS
TRANSFERS To Georgia Experiment Station-Fire Loss
DEBT SERVICE Interest on Indebtedness Indebtedness Retired
TOTAL DEBT SERVICE
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Plant Additions

Debt Service

Total

$

320.90 $

2,000.00

1,344.95

3,380.68

1,475.73

4,105.65

451.93

8,130.33

3.500.00
L 121.161.05 $ .

L

104.07 .$...

$

320.90

2,000.00

1,344.95

3,380.68

1,475.73

4,105.65

451.93

8,130.33

3.500.00

$ 121.161.05

JL

104.07

$

$27,332.06 $ 27,332.06

54.042.46

54 !042.46

$81,374.52

81.374.52

i .772.186.59 $81,374.52 $1,853,561.11

842.342.00 $

.81 $ 842.342.81

Schedule H-l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance July li 1955 Transfers

Receipts

Balance Disbursements June 30. 1956

LAND

Graduate Law Dormitory

$

Vacant Lot-Hull St.

BUILDINGS Alpha Chi Omega Lumpkin St. Property

32,115.27 191.93

Architect's Fees Vet. Medicine Library-State Stegeman Hall Art Museum Kellogg Center-State Kellogg Center-Other Kellogg Center-Kellogg Kellogg Center-Operations

2,808.89 4,124.31 49,163.38 57,179.80 291,267.60 238,061.29 500,000.00

$ 47,000.00 $ 6,600.00

17,000.00) 514.61)

100.00

70,000.00 26,283.68

8,424.23 500,000.00

$ 46,879.25 6,652.75
32,165.04 16,870.51
3,634.94 20,069.23 291,267.60 316^485.52 583,272.07 80,000.00

$

120.75

(-)52.75

50.23 836.03
2,808.89 4,124.31 45,528.44 37,110.57

416-, 727.93 (-)53,716.32

110

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

Balance July 1. 1955 Transfers

Balance Receipts_____ Disbursements June 30. 1956

BUILDINGS (CONTINUED)

Kellogg Center-Continuing

Education Surplus

$

Mary Lyndon-Trust

Architect's Fees-Sci. Center

Vet. Housing-Shop & Office

Phi Delta Theta

Bookstore Warehouse

Hawkes House-Hull Street

Poultry Disease

Sheep Barn

Warehouse-State

Kellogg Center Museum

Architect's Fees-Student

Union-State

$ 3,716.32 $

$

1,415.44

11,152.14

18,000.00

32,988.16 40,000.00

533.59

4,466.00

6,500.00

204.11

(-)204.11

16.83

(-H6.83

40,000.00

3,500.00

9,600.00

$ 1,415.44 5,787.79 73,509.51 4,466.00
9,600.00

3,716.32
11,152.14 12,212.21
12.24
6,500.00
40,000.00 3,500.00

IMPROVEMENTS OTHER THAN BUILDINGS
Heating System-State Gas Main Stadium Wall Electric Distr. System Landscaping Campus Road-State Campus Road-Highway

7,694.34 5,000.00
20,000.00 70,000.00 (-)70,000..00
6,843.25

16,200.00 20,000.00 68,387.22

250.00 1,522.32 5,000.00 14,422.58
26,845.81 6,843.25

15,950.00 6,172.02
25,577.42
41,541.41

EQUIPMENT Barracks Student Union Memorial Hall Law School Law School Other Caps & Gowns Band Mary Lyndon-Trust Red & Black University Stores Phi Delta Theta Chapel Chapel Organ
Candler Hall
STATE Administrative Student Welfare Plant Operations Library Books Library

17,924.21 1.45
1,500.34 .80
16.62
(-)999.95

1,600.00 30,000.00
(-)1.45
6,965.00
2,337.50 3,500.00 10,000.00 (-)5,067.50 12,000.00) 5,067.50) 12,400.00

6,067.45

76.34 10,000.00

1,045.00 1,600.00
81.69
119.17

1,600.00 27,403.91 17,619.80
6,965.00 .80
2,337.50 3,480.00
398.85
1,045.00 1,598.15
26.00 10,000.00
112.82

2,5%.09 304.41
1,500.34
16.62 20.00 9,601.15
17,067.50 12,400.00
1.85 132.03
6.35

111

UNIVERSITY OF GEORGIA

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

j

Balance July 1. 1955 Transfers

Receipts

Balance Disbursements June 30. 1956

STATE (CONTINUED)

Agriculture College

$

Arts & Sciences

College of Education

Home Economics

Journalism

Law School

Pharmacy

Vet. Medicine

Research

Band

Law School-Air Cond.

Law School-Books

Chapel Organ

$(-)3,635.74 $ 11,908.30 $ 6,887.47 $ 1,385.09

(-)2,223.97 18,087.55

13,125.72

2,737.86

108.02

1,070.14

1,143.11

35.05

(-)243.00

1,617.30

1,338.40

35.90

(-)1,260.00

1,725.00

368.42

96.58

670.40

224.28

446.12

(-)1,269.90

2,708.30

1,438.30

.10

(-)921.75

4,000.00

3,078.25

(-)630.00

5,787.15

3,872.95

1,284.20

jl

3,580 D 0

3,497.13

82.87

5,276.45

6,000.00

11,276.45

6,000.00

6,000.00

12,000.00

12,000.00

REPAIRS State Conner Hall M. Lyndon-Rutherford Architect's Fees Elec. Engr. Fees Hardman Hall Poultry Building Payne Hall Barrow Hall Plant Pathology C.-J. Heating System Chemistry Annex Physical Education Baldwin Hall Clarke Howell C.-J. Offices Military Building Printing Department LeConte Hall Mary Lyndon Museum New College Law Library
Candler Hall Park Hall Milledge Hall Academic Building Memorial Hall Denmark Hall
Other Chapel Chapel Picture

15,500.00

11,388.85

4,111.15

134.17 48.67
2,341.57

8,000.00

134.17
2,000.00 3,496.64

48.67 341.57 4,503.36

4,000.00

3,380.68

619.32

3,200.00

1,344.95

1,855.05

(-)4,000.00

4,500.00

115.32

384.68

(-)4,500.00

4,500.00 2,200.00

1,045.35

1,154.65

(-)2,100.00

2,100.00

2,000.00

2,000.00

(-)10,000.00

14,000.00

4,000.00

J,

4,400.00

4,400.00

1,600.00

1,600.00

(-)1,000.00

7,500.00 1,000.00

7,405.20

94.80

|

3,000.00

2,548.96

451.04

2,000.00

2,000.00

7,400.00 20,000.00

20,000.00

7,400.00

2,600.00

2,255.67

344.33

5,275.00

1.45)

(-)5,276.45)

(-) 5,800.00

9,200.00

3,359.25

40.75

\

2,000.00

2,000.00

1,800.00

1,800.00

12,000.00

12,000.00

3,000.00 8,700.00

3,000.00 2.88

8,697.12

5,172.75 (-)5,680.55
8,800.00

1,475.73

3,697.02

J

6,027.86

347.31

8,800.00

1
112 1

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

Balance July 1. 1955 Transfers

Receipts

Balance Disbursements June 30. 1956

REPAIRS (CONTINUED) Chapel Equipment 165 Waddell Street Lucy Cobb Dormitory Lumpkin Street Property Science Lab. Forestry Soule Gilbert Mem. Infirmary Payne Hall Vet. Housing (34 Bldgs.) Mary Lyndon Barracks Band Fine Arts Denmark Hall Inst. Law & Govt.
SUB-TOTAL
UNALLOCATED BALANCE
TOTAL PLANT FUNDS

$ (-)690.00 $ 3,500.00

$ 1,540.00 $

2,600.00

320.90

10,727.12

(-)3,730.60

5,000.00

1,800.00

2,200.00

1,000.00

24,000.00

1,000.00

1,800.00

1,051.23

42,000.00 1.250.00

850.00 3,500.00 2,074.42
320.90 4,105.65 1,269.40
451.93 1,718.16
8,130.33
1,800.00 259.63
1,979.67

$
525.58
6,621.47
1,348.07 481.84
1,000.00 15,869.67
1,000.00
791.60 (-)1,979.67
42,000.00 1*250.00

$1,366,045.99 $315,155.42 $903,231.58 $1,772,082.52 $ 812.350.47

$ 39.637.12 $ (-4104.07* $ 20.852.96 $ 30.393.67 $ 29.992.34 $1,405,683.11 $315,051.35 $924,084.54 $1,802,476.19 $ 842.342.81

*Transfer to Griffin - Fire Loss $10,407

Schedule H-2 VALUE OF PLANT JULY 1, 1955

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

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

Authority

TOTAL ADDITIONS

VALUE OF PLANT JULY 1, 1955 PLUS ADDITIONS

DEDUCTIONS DURING YEAR Sale of Equipment

VALUE OF PLANT JUNE 30, 1956

$20,310,954.12
$1,650,921.47 166,205.70 12,170.85 19,477.68 266.593.83
2.115.369.53
$22,426,323.65
665.00
$22,425.658.65

113

UNIVERSITY OF GEORGIA SUMMARY OF INVESTMENT IN PLANT (CONTINUED) DEDUCT PLANT INDEBTEDNESS
Due to University of Georgia Trust Funds Due to Medical College of Georgia Trust Funds Equity of University System Building Authority
NET INVESTMENT IN PLANT

$1,031,559.57 4,014.25
3.825.779.51
$ 4.861.353.33
$17.564.305.32

Schedule H-3

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

A. LAND Franklin Campus 37 Acres 13 Acres 13 Acres (Jackson St.) 7 Acres (Prince Ave.) 2 Lots-Law & Grad. Dorm. 1 Lot Hull Street College of Agriculture 150 Acres
Coordinate Campus-40 Acres
TOTAL CAMPUS

1804 1937-38 1937-42 1949 1955 1955
1928
1960

$ 55,500.00 $ 19,500.00 31,388.00 7,000.00
45,000.00 45.600.00 $ 203.988.00 $

$ 46,879.25
6,652.75
53.532.00 $

$ ,55,500.00 19,500.00 31,388.00 7,000.00 46,879.25 6,652.75

45,000.00

45.600.00

JL .....

257.520.00

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

1914 1928 1936 1936 1933 1953

$ 7,500.00 $

$

32,650.00

17,570.00

2,500.00

9,000.00

13.858.31

$ 83.078.31 $

$

$ 287.066.31 $ 53.532.00 $

$ 7,500.00 32,650.00 17,570.00 2,500.00 9,000.00 13.858.31
$ 83.078.31
$ 340.598.31

B. BUILDINGS Franklin Campus Academic Am. Legion Property Art Classroom Athletic Office Baldwin Hall Boiler Room

1904 1955 1948 1929 1938 1948

$ 180,270.01 $ 78,344.00 24,144.35 1,000.00
287,872.74 2,565.00

$

$ 180,270.01

78,344.00

24,144.35

1,000.00

287,872.74

2,565.00

T h i s tract bought by Denmark Dining Hall and later deeded to the Trustees. .



T h i s acreage was composed of over 50 small parcels of land bought with the assistance

Georqe Foster Peabody, by the Trustees of the Alumni Association and deeded to the

University of Georgia in 1928 in a single deed.

114

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED) Franklin Campus (Continued) Brown Dormitory Bus. Admin. Annex Candler Hall Chapel Chemistry Annex Clarke Howell Clarke Howell Wings Commerce-Journalism Continuing Education Costa Building Demosthenian Hall Denmark Hall Field House A Field House B Fine Arts Garage & Shop Graduate Dormitory Greenhouse Hirsch Law Infirmary (Gilbert) Language & Letters LeConte Hall Library-Peabody Library-Art Museum Lumpkin House Library-Annex Lumpkin House Annex Lustrat House Meigs Hall Memorial Hall Memorial Hall Additions Memorial Hall Military Building Milledge Hall Student Union-Arch. Fees Ida D. Little Memorial Library (B.A.) Milledge Annex Milledge Annex Wings Moore College New College Old College Peabody Hall Phi Delta Theta Phi Kappa Hall Printing Shop Reed House

1932 1948 1901 1855 1948 1937 1951 1927 1955
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
1953 1940 1951 1874 1823 1801 1913 1955 1834 1951 1807

$ 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

$
20,069.23 265,591.71

$ 309,577.78

$ 150,000.00 29,622.05
101,356.71 40,000.00 48,360.44 46,888.00
283,638.33 524,646.12
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 22,889.43 11,828.07 43,137.34
800.00 11,000.00 60,000.00 386,721.52 512,089.61 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
101,356.72 101,087.11
39,171.25 10,000.00 14,702.74 5,000.00

73,509.51

1,,870,046.73 92,000.00
362,221.23 78,366.29 83,125.65
101,356.72 101,087.11 112,680.76
10,000.00 14,702.74
5,000.00

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acauired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) Franklin Campus (Continued)
Reed Hall (Bldg. Auth.) Residence-325 Jackson Residence-365 Jackson Residence-375 Jackson Residence-385 Jackson Residence-393 Jackson Residence-297 Jackson Science Center Stegeman Hall Stegeman Hall Storeroom-Jackson Strahan House Terrell Hall Woodruff Hall Warehouse-Bookstore Warehouse-Jackson St. Lumpkin St. Property
TOTAL FRANKLIN CAMPUS
President's House
College of Agriculture AAA Building Abattoir Barracks (Fain) A Barracks (Dudley) B Barracks (Griggs) C Barrow Hall Barrow Hall Annex (B.A.) Alpha Chi Omega Barrow Hall-Shop Boiler House A Boiler House B Boiler House C Cafeteria (Snelling) Camp Wilkins Cavalry Barn Cavalry Barn Cavalry Barn Annex Cavalry Office (Shack) Cavalry Blacksmith Shop Conner Hall Dairy Products Dawson Hall Demonstration School Field House

1953 1937-42 1942 1937-42 1937-42 1937-42 1937-42 1955 1943 1953-54 1938 1856 1904 1924 1955 1951 1952-54
1940 1948 1942 1942 1942 1911 1955 1955 1936
1942 1948 1940 1925 1920 1926 1936 1930 1920 1908 1930 1932 1953 1943

$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

$
3,634.94 4,466.00 16.870.51

$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
438,000.00 220,971.56
2,000.00 12,802.48 90,000.00 75,000.00
4,466.00 6,000.00 143.953.58

$9.297.966.61 $ 384.141.90 $309,577.78 $9,372,530.73

$ 117.876.82 $

$

..... $ 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 1,000.00 600.00 500.00 400.00
200,000.00 120,716.00 187,035.85
13,012.60 54,336.61

$
1,002.12 32,165.04

$ 50,000.00 13,500.00 60,000.00 30,000.00 30,000.00 75,000.00 94,225.25
152,049.77 8,000.00 5,000.00 5,000.00 9,000.00
133,000.00 40,000.00 7,500.00 1,000.00 600.00 500.00 400.00
200,000.00 120,716.00 187,035.85
13,012.60 54,336.61

116

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Year Beginning Acquired Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED) College of Agrie. (Cont'd) Food Processing (Canning) Food Processing (Meat) Forestry Garage Near Poultry Bldg. Garage Near 1195 Lumpkin Greenhouse (Veg. and Flowers) Greenhouse (Research) Hardman Hall Hoke Smith Ext. Home Management A Home Management B Home Management C Home Management D Kellogg Center

1934
1940 1913
1914 1948 1919 1938 1940 1940 1940 1940 1954-55

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

Residence-245 Burnet St.

1929

Livestock Shelter

ROTC Classroom Rutherford Hall Rutherford Hall Sheep Barn Shop-Grounds Shop-Vet. Housing Soule Hall Univ. Stores Veterinary Building

1947 1939 1954 1953-54
1955 1919 1943 1947

Veterinary Clinic #1

1948

$ 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 .DO 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 5,028.17 2,000.00
125,000.00 3,500.00
16,614.00
18,000.00

309,577.78) 1,271,025.19)
1,415.44
5,787.79

$ 3,000.00 52,190.75
1 2 2,0 0 0 .0 0 200.00 200.00
5.300.00 46,227.01 45.000. 00 78.300.00 15.000. 00 15.000. 00 15.000. 00 15.000. 00
1,580,862.97 30.500.00 4.500.00 2 , 000.00 500.00 500.00 10. 000. 00
1,313,889.41 102.400.00 32.800.00 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 .0 0 0 . 00 1,000.00 1,000.00 4,999.99 15.390.00 143.500.00 20. 000. 00 5,028.17 2 , 000.00 5,787.79 125,000.00 3,500.00 16.614.00
18,000.00

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acauired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) College of Agric. (Cont'd)
Veterinary Clinic #2 Veterinary Medicine Warehouse, AAA Bldg. Warehouse, #1 on R.R. Warehouse, #2 on R.R. Warehouse

1948 1948-53 1940 1948 1948 1952

TOTAL COLLEGE OF AGRICULTURE

Farms

2 Houses, Potato Curing Ag. 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-An. Husb.

1923

Barn-Mule-An. Husb.

1934

Bullpen-An. Husb.

1934

Implement Shed-An. Husb.

1920

Office-Foreman's-An. Husb. 1927

Residence A-Carlton Ave.

Residence B-Carlton Ave.

1915

Residence Duplex An. Husb. 1912

Residence A-Near Dairy Barn 1912

Residence C-Near Dairy Barn 1915

Residence-Near Railroad

1909

Scale Shed-Animal Husb.

1929

1 Brooder House, 16x18

1940

1 Brooder, 18x16

1940

1 Brooder, 16x46

1940

1 Brooder, 16x18

1940

6 Brooder Houses, 14x16

1940

6 Brooder Houses, 12x14

1940

3 Brooder Houses, 15x16

1940

3 Brooder Houses, 16x20

1940

2 Brooder Houses, 20x20

1940

1 Brooder & Inc. Bldg.

1940

1 Brooder House, 24x11

1943

1 Feed & Lab. Bldg.

1942

Grading & Packing-Poultry 1942

Killing & Dressing-Poultry

59 Laying Test Bldgs. 12x14

$ 12,015.20 $

$

1,970,218.69

2,000.00

9,000.00

9,000.00

22.000.00

$5,772,885.35 $1,620,973.36 $

$

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

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

$ 12,015.20 1,970,218.69 2,000.00 9,000.00 9,000.00 22.000.00
.... $7,393,858.71

$

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

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

118

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Investment End of
Additions______ Deductions_______ Year

B. BUILDINGS (CONTINUED)

Farms (Continued) 3 Laying Houses, 20x50 1 Laying House, 20x50 6 Laying Houses, 14x24 1 Laying House, 12x14 10 Range Houses, 11x12 1 Residence-Poultry

$ 3,000.00 $ 400.00
1,800.00 200.00 350.00
3,000.00

Hardeman Mein Forest Dwelling

1936

400.00

Barn-Forestry

1936

100.00

Oconee & Denmark BarnHorticulture
Cabin-Forestry 5 Dwellings-Horticulture Garage & Shed-Horticulture

1936 1936 1944 1936

2,000.00 200.00
10,000.00 600.00

Log Cabin-Forestry

400.00

Machine Shed & ShopHorticulture
Nursery Bldg.-Forestry

1938-39

700.00 600.00

Residence B-Near Dairy Barn
Office-Horticulture Storage Shed-Hort. Sweet Potato House-Hort.

1912 1935 1941 1942

900.00 300.00 600.00 1,500.00

Veg. Grading House

1943

1,200.00

Watson Springs Barn-Forestry Cottage-F orestry

1933 1933

500.00 500.00

House-Forestry Storage House-Forestry Store House #2-Forestry

1933 1933 1933

1,000.00 100.00 100.00

Whitehall Barn-Agronomy

1936

1,000.00

Dwelling-Agronomy

1936

500.00

Field Shed A-Agronomy Field Shed B-Agronomy Storage House-Agronomy Storage House-Agronomy Tenant House A-Agronomy Tenant House B-Agronomy

1936 1936 1936 1936 1936 1936

200.00 50.00 15.00 15.00
2,000.00 1,000.00

Tenant House C-Agronomy Tenant House D-Agronomy Tool House (Small) Agron. Tool House (Large) Agron. Barn A-Animal Husbandry Barn B-Animal Husbandry Barn-Feed & Scales 4 Hog Houses

1936 1936 1936 1936 1936 1936 1936 1936

400.00 300.00
30.00 400.00 300.00 500.00 1,500.00 2,000.00

$

$ 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

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 4,500.00 2,000.00

119

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) Whitehall (Continued)
5 Hog Houses 2 Tenant Houses 2 Tenant Houses Barn, Brick-Forestry Dwelling, Brick-Forestry House #l-Forestry House #2-Forestry House #3-Forestry House #4-Forestry Shed-Forestry Barn-Poultry Dwelling A-Poultry Dwelling B-Poultry Garage-Poultry Laying House, 24x110 Laying House, 20x130 20 Range Houses, 10x10 4 Range Houses, 22x34 Remodeled Poultry House Shop-Poultry Smokehouse-Poultry

1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936

TOTAL FARMS

TOTAL INVESTMENT IN BLDGS.

$

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

$

$

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

$ _________ $ 172.870.00

$15,361,598.78 $2,005,115.26 $309,577.78 $17,057,136.26

C. IMPROVEMENTS OTHER THAN BUILDINGS Streets & Sidewalks Lighting System Heating System Water System Landscaping President's Home Pastures & Fences Tennis Courts Paving Parking Lots Gas Mains Stadium Wall
TOTAL IMPROV. OTHER THAN BLDGS.
D. EQUIPMENT Administrative Physical Plant Library Library (Bldg. Auth.)

$ 282,068.29 $ 38,730.42
220,013,21 15.000. 00 13,095.19 6,942.20 20. 000. 00 13,500.00 25,305.66

33,689.06 14,422.58
250.00
1,522.32 5.000.00

315,757.35 53.153.00
220,263.21 15.000. 00 13,095.19 6,942.20 20. 000. 00 13.500.00 26,827.98 5.000.00

$ 634.654.97 $ 54.883.96 $___________ $ 689,538.93

$ 76,605.64 152,645.14
1,148,519.48 129,407.08

6,349.56 12,709.63 85,689.93

350.00

$ 82,955.20 165,004.77
1,234.209.41 129,407.08

120

UNIVERSITY OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Year Beginning Acauired Of Year

Additions

Deductions

Investment End of Year

D. EQUIPMENT (CONTINUED)

Instructional Dept.

$ 1,500,062.40 $

Instructional Dept. (Bldg. Auth.)

2,486.74

Organized Research

254,485.45

Extension

135,529.22

Dormitories

187,937.51

Dormitories (Bldg. Auth.) Dining Halls President's House

197,577.44 75,886.89 7,045.88

Printing Press Bookstore

39,296.13 2,991.16
50,604.13

Storeroom

8,070.50

V.R.Q. Farm

2,773.42 46,628.01

Cow Testing

1,261.79

Continuing Education

7,820.05

Student Center-Memorial Hall

Phi Delta Theta

Band

69,619.37 $ 35,589.45
8,844.13 11,729.73 6,575.12
189.00 13,028.83
12,170.85 45,023.71
398.85 3.497.93

315.00

$ 1,569,681.77 2,486.74
290,074.90 144,373.35 199,667.24 197,577.44 82,147.01
7,045.88 39,485.13
2,991.16 63,632.96
8,070.50 2,773.42 46,628.01 1,261.79 19,990.90 45,023.71
398.85 3.497.93

TOTAL EQUIPMENT

$ 4.027.634.06 $ 311.416.09

665.00 $ 4.338.385.15

TOTAL INVESTMENT IN PLANT

$20,310,954.12 $2,424,947.31 $310,242.78 $22,425,658.65

121

PART III UNIVERSITY OF GEORGIA - AGRICULTURAL EXTENSION SERVICE
Athens, Georgia
Schedule I - Schedule 0-2
123

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule I

BALANCE SHEET June 30, 1956

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank

$ 53,463.49

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank

B. EXPENDED Four H Club - Rock Eagle Negro Four H Club - Dublin Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 34,415.95 3.671.36

38.087.31 $ 91,550.80
82,377.57

$ 206,756.88

$2,162,041.02 37,997.91
172.353.49

2.372.392.42

2.579.149.30

$2.753.077.67

I. CURRENT FUNDS A. GENERAL Surplus
B. RESTRICTED

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
BALANCE SHEET June 30, 1956
LIABILITIES

Fund Balance

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III.

PLANT FUNDS A. UNEXPENDED
Fund Balance

B. EXPENDED Invested in Plant

$ 53,463.49
38.087.31 $ 91,550.80 82,377.57
$ 206,756.88 2.372.392.42

TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

2.579.149.30 $2.753.077.67

125

Schedule J

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Geprgia Regular Operations Department of Agriculture
TOTAL STATE OF GEORGIA
Counties Clarke - Non Offset Seminole - Cooperative Various - Cooperative
TOTAL COUNTIES
United States Consumer Education Cotton Ginning Marketing Agricultural Research Survey Dairy Marketing Fruit & Vegetable Marketing Research Marketing Smith-Lever Smith-Lever - Special Needs
TOTAL UNITED STATES
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Allis Chalmers Mfg. Company Allied Chemical & Dye Corp. - Visual Aids American Turpintine Farmers Assn. - Visual Aids Bale Half Cotton Club Cook & Company, Inc. Cotton Insurance Corporation Corn Contest Dawson Cotton Oil Corporation Fulton Bag & Cotton Mills Frank L. Virgin & Company Georgia Inst. Gentico Georgia Carolina Warehouse & Compress Company Georgia Tractor & Implement Company Georgia Crop Imp. Assn.-Visual Aid G.F.A. Peanut Assn.-Visual Aid Gum Producers Assn.-Visual Aid John Deer Plow Company Katherine Rug Mills Inc.

General

Restricted

Total

Income_________ Income ______Income

$ 33,807.93 $ 832,442.07 $ 866,250.00

___________

1.520.00_______ 1.520.00

$ 33.807.93 $ 833.962.07 $ 867-770.00

$ 4,920.00 $ 750.00
358.453.35

4,920.00 750.00

$477,194.51 $ 359.203.35 $ 836.397.86

$

$ 4,250.00 $ 4,250.00

4.850.00

4.850.00

1.875.00

1.875.00

8,184.93

8,184.93

566.50

566.50

5,465.91

5,465.91

1,685,872.05 1,685,872.05

3.400.00

3.400.00

$1,714,464.39 $1,714,464.39

$511,002.44 $2,907,629.81 $3,418,632.25

50.00 $
1.950.00 10.00
100.00
1,951.75
100.00
50.00
. 10.00
1 200.00 50.00 50.00
50.00 50.00

.5.750.00
1 200.00
249.00 700.00 600.00

.5.750.00
1 200.00 1.950.00
10.00 100.00 1,951.75 100.00 50.00
. 10.00
1 200.00 50.00 50.00
249.00 700.00
600.00
50.00
50.00

126

UNIVERSITY OP GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF CURRENT INCOME (CONTINUED)

EDUCATIONAL AND GENERAL (CONTINUED) GIFTS AND GRANTS (CONTINUED) Lovette & Thorpe Hardware Company Mann, Mrs. Charles M. Mutual Fertilizer Company Nitrogen Div.-Allied Chem. Corp. Peanut Club Robertson, C. F. Scarboro & Company, A. C. S. E. Aromatic Tobacco Company Southeast Ford Tractor Company Tennessee Valley Authority Velsical Corp. - Visual Aid Weil Bros. Cotton, Inc. Williams-Waterman-Corn Meal Enrichment Wilson & Toomer Fertilizer Company
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Cow Testing Rock Eagle
TOTAL SALES AND SERVICES
OTHER Camp Wahsegah - Rent
TOTAL INCOME
TRANSFERS From College Experiment Station From General - (Corn Meal Enrichment)
TOTAL TRANSFERS
TOTAL RECEIPTS

General

Restricted

Total

Income ________ Income________ Income

$

50.00 $

10.00

50.00

352.52 10.00 10.00
2,665.00 50.00

25.00 25.00

$ 250.00
29,535.56 1,500.00 4,000.00

50.00 10.00 50.00 250.00 352.52 10.00 10.00 2,665.00 50.00 29,535.56 1,500.00 25.00 4,000.00 25.00

$ 8.869.27 $ 43.784.56 $ 52.653.83

$

$ 11,031.32 $ 11,031.32

103.980.60

103.980.60

$103,980.60 $ 11.031.32 $ 115.011.92

.$ .

$ 1.750.00 $ 1.750.00

to

$623,852.31

964.195.69 $3 .588.048.00

$

$ 15,182.34 $ 15,182.34

4.000.00

4.000.00

|_____

$ 19.182.34 $ 19.182.34

$623,852.31 $2,983,378.03 $3,607,230.34

127

UNIVERSITY CF GEORGIA AGRICULTURAL EXTENSION SERVICE

;dule K

STATEMENT CF CURRENT EXPENSES For Year Ended June 30, 1956

Fund Classification

General

Restricted

Ob.iect; Classification

Salaries

Operating

and Wacres

Supplies & Expense

Equipment

EDUCATIONAL & GENERAL EXTENSION
State Offset State Non Offset County - Offset County - Non Offset Federal Smith-Lever Research & Marketing Aqric. Res. Survey T.V.A. Visual Aid Corn Meal Enrichment Printing-Exp. Stations Cow Testing Sheep Production State Dept. Agric. Other Non Offset Rock Eagle Oper.
TOTALS

$ 37,630.39
472,274.51
8,948.86 104.953.94

$ 829,358.64 4,000.00
359,176.55
1,688,717.99 18,288.51 2,374.97 27,964.66 2,278.78 7,667.88 15,182.34 11,685.69 6,600.47 2,049.49

$ 579,473.99 13,792.48
359,073.35 472,274.51 1,441,575.36
11,346.47 1,400.04
25,982.94
6,341.70 7,466.63 7,919.46 6,600.47 2,049.49 2,542.88 37.672.32

$247,173.54 25,391.67 103.20
234,131.87 6,216.91 777.30 1,981.72 921.16 1,326.18 7,715.71 3,596.91
6,405.98 66.660.72

$ 2,711.11 2,446.24
13,010.76 725.13 197.63
1,357.62
169.32
620.90

$623.807.70 $2.975.345.97 $2.975.512.09 $602.402.87 $21.238.71

TRANSFERS To Match Corn Meal Enrichment To Experiment Sta. Printing
TOTAL DISBURSEMENTS

$ 4,000.00 $627.807.70 $2.975.345.97

Schedule L

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1956

Corn Meal Enrichment Cow Testing Counties for Matching Experiment Stations Research & Marketing Sheep Production Smith-Lever-Federal State for Matching

Balance Beginning Of Year

Receipts

Disbursements Balance

For

For

End

Year_____________ Year________ Of Year

$14,019.86 597.56
2,449.16 8,267.90
149.33 916.57

$ 8 ,000.00
11,031.32 358,453.35
15.182.34 23.317.34
1,685,872.05 832,442.07

$ 7,667.88 11,685.69
358,453.35 15,182.34 18,288.51 6,600.47
1,685,872.05 833,358.64

$14,351.98 (->56.81
7,477.99 1,667.43
149.33

128

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

T.V.A. Visual Aids Smith-Lever-Federal Spec. Needs State Dept. Agriculture Seminole County-Marketing Offset Agriculture Research Survey Camp Wahsegah
TOTALS

Balance Beginning Of Year

Receipts For
Year

Disbursements Balance

For

End

Year

Of Year

C-)4,155.99 $ 4,139.50

29,535.56 $ 10,249.00
3.400.00 1.520.00
750.00 1.875.00 1.750.00

27,964.66 (-)2,585.09

2,278.78 12,109.72

2,845.94

554.06

2,049.49 (-)529.49

723.20

26.80

2,374.97 (-1499.97

1.750.00

$26,383.89 $2,983,378.03 $2,975,345.97 $34,415.95

Schedule M

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Emergency Hay Program John Hancock Reserve Federal Retirement Federal-Witholding Tax Federal-Social Security Rock Eagle Project Four H - Club Construction Negro Four H Club Construction State Teachers Retirement
TOTAL

Balance Beginning Of Year

Receipts For
Year

Disbursements For
Year

Balance End
Of Year

$ 6,727.69
8,954.88 13,702.04
729.18 5,852.22 21,617.98 12,556.28 7.488.63

$ 1,264.99
147,618.71 195,129.80
2,384.29 25,831.68 27,021.41 22,056.07 101.374.88

$ 6,727.69
143,842.30 191,550.58
2,782.30 29,831.62
8,716.60 34,412.19 100.069.88

$ 1,264.99
12,731.29 17,281.26
331.17 1,852.28 39,922.79
200.16 8.793.63

$77,628.90 $ 522.681.83 $ 517.933.16 $82,377.57

Schedule N

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

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

Cash Balance Receipts July 1. 1955 For Year

Disbursements Cash Balance

For Year

June 30. 1956

$ 57.418.88 $ 623,852.31 $ 627,807.70 $ 26.383.89 2.983.378.03 2.975.345.97
1_ 83.802.77 $3,607,230.34 $3,603,153.67 $

53,463.49 34.415.95 87.879.44

L . 77.628.90 $ 522.681.83 $ 517.933.16 $ 82.377.57

$_ 92.135.25 $ 337.899.24 $ 223.277.61 $ 206.756.88

$ 253.566.92 $4,467,811.41 $4,344.364.44 $ 377.013.89

129

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
BANK BALANCES Citizens and Southern National Bank, Athens, Georgia

$337-013.89

Schedule 0 BALANCE, JULY 1, 1956

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

$ 92,135.25

ADDITIONS State of Georgia (For Dublin) State of Georgia (For Rock Eagle)

$200, 000.00 103-700.00 $303,700.00

TRANSFERS Agency - Negro 4-H Club Dublin

34.199.24 337.899.24 $430,034.49

DEDUCTIONS Buildings Dublin Buildings Rock Eagle
BALANCE, JUNE 30, 1956

$ 37,212.73 186.064.88 223.277.61
,756.88

Schedule 0-1

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BUILDINGS Rock Eagle 4-H Camp Negro 4-H Camp Dubl
TOTALS

Balance Beginning Of Year

Receipts For
Year

Disbursements For
Year

Balance End of
Year

$82,464.70 $103,700.00 $ 186,064.88 $

99.82

9.670.55 234.199.24

37.212.73 206.657.06

$92,135.25 $337,899.24 $ 223.277.61 $206-756.88

Schedule 0-2
BUILDINGS Rock Eagle 4-H Camp Negro 4-H Camp TOTAL BUILDINGS

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acauired

Investment Beginning Of Year

Additions

Deductions

Investment End of Year

1953 1954 1954 1954
1955

$1,174,015.04 $

$

802,746.28

186,064.88

785.18

37,212.73

$1,976,761.32 $224,062.79 $

$ 785.18
2,162,041.02
37.997.91 785.18 $2,200,038.93

130

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

EQUIPMENT Extension Service
TOTAL INVESTED IN PLANT

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

$ 151.114.78 $ 21.238.71 $

$ 172.353.49

$2,127,876.10 $245,301.50 $ 785.18 $2,372,392.42

131

UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL

Schedule P

BALANCE SHEET June 30, 1956

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks

ASSETS

TOTAL CURRENT ASSETS

TOTAL ASSETS

$10,426.75
$10.426.75 *f
$10.426.75

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

LIABILITIES

$10,426.75 $10.426.75 $10.426.75

134

Srhedule 0 V

UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
TOTAL INCOME

General

Restricted

Income________ Income_____ Total

S65.520.00 $___________ $65.520.00

$65.520.00 $

$65.520.00

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Administration - General
Transfer to Texas (Pink Boll Worm) Transfer to Fort Valley
TOTAL DISBURSEMENTS

__________________ Object Classification

7

*

Salaries Operating

Fund Classification

and

Supplies

General

Restricted Wages

& Expense

$41.576.17 $___________ $17.661.02 $23.915.15
$ 5 ,000.00
9.600.00
$56.176.17

Schedule R
CURRENT FUNDS General Restricted TOTALS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

Cash Balance Receipts July 1. 1955 For Year

Disbursements Cash Balance For Year June 30. 1956

$ 1,082.92 $65,520.00 $ 56,176.17 $ 10,426.75 $ 1.082.92 $65.520.00 $ 56.176.17 $ 10.426.75

National Bank of Athens

BANK BALANCES

$ 10.426.75

135

PART V UNIVERSITY OF GEORGIA - BRANCH EXPERIMENT STATION
Athens, Georgia
Schedule S - Schedule X-l
137

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION

Schedule S

BALANCE SHEET June 30, 1956

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

ASSETS

$ 29,043.65

B. RESTRICTED Cash on Hand
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash on Hand and in Bank
B. EXPENDED Land Building Improvements Other Than Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 29,043.65
$ 162.39
$ 83,283.61 158,695.16 29,982.90 201.420.66 473,382.33 473.544.72 $502.588.37

138

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION

BALANCE SHEET June 30, 1956

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS
)
B. RESTRICTED Fund Balances
I TOTAL CURRENT FUNDS

$ 4,984.64 24,,059.01 $ 29,043.65
$ 29,043.65

II. PLANT FUNDS A. UNEXPENDED Fund Balances

$ 132.39

B. EXPENDED Invested in Plant

473,382.33



TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

473.544.72 $520.588.37



139

Schedule T

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
TOTAL PUBLIC APPROPRIATIONS
SALES AND SERVICES Americus Nursery Northwest Branch Southeast Branch Southwest Branch
TOTAL SALES AND SERVICES
RENTS Northwest Branch Southeast Branch Southwest Branch
TOTAL RENTS
GIFTS Americus Nursery
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFERS From Restricted
TOTAL RECEIPTS

General Income

Restricted Income

Total

$115,192.00 $ $115,192.00 .$ ....
$ 4,800.23 $ 38,927.83 49,671.00 50.931.68
$144,330.74 $
$ 540.00 $ 540.00 540.00
$ 1.620.00 .$
$ 30.000.00 $ $291,142.74 .$.
$ 9.116.95 .........
$300,259.69 i .

$115,192.00 $115,192.00
$ 4,800.23 38,927.83 49,671.00 50.931.68
$144,330.74
$ 540.00 540.00 540.00
$ 1.620.00
$ 30.000.00 $291,142.74
$ 9.116.95 $300,259.69

Schedule U

UNIVERSITY CF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

General Americus Nursery N. W. Branch S. E, Branch S. W. Branch
TOTAL EXPENSE
TRANSFERS TO: Educational and General
TOTAL DISBURSEMENTS

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Waaes

& Expense Eauipment

$ 41,899.65 $ 31,745.79 58,007.44 75,108.83 69.228.47
$275.990.18 $

$ 35,854.03 15,757.31 20,729.72 25,213.04 17.029.15

$ 4,664.49 9,679.60
30,453.04 34,970.42 30.448.93

$ 1,381.13 6,308.88 6,824.68 14,925.37
21.750.39

..... $114.583.25 $110.216.48 $51.190.45

3___________ $ 9.116.95 $275.990.18 $ 9.116.95

Schedule V
CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS TOTAL

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

Cash Balance Receipts Julv 1. 1955 For Year

Disbursements Cash Balance For Year June 30. 1956

$ 4,774.14 $300,259.69 $ 275,990.18 $

9.116.95

9.116.95

$ 13.891.09 $300.259.69 $ 285.107.13 $

$

718.39 $

$

556.00 $

$ 14.609.48 $300.259.69 $ 285.663.13 $

29,043.65
29.043.65 162.39
29.206.04

BANK BALANCES

National Bank of Athens

Schedule W

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1956

$29,206.04

U.S.D.A. - Americus Nursery TOTAL

Balance Beainnina of Year Income Expense

Balance End of Year

$

9.116.95 $

$9.116.95 _i__________

$

9.116.95 *.... $9.116.95

Schedule X

UNIVERSITY CF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

b a l a n c e , b e g i n n i n g of YEAR DEDUCTIONS
Improvements Other Than Buildings
BALANCE, END OF YEAR

Funds for Plant Funds for Additions Debt Service

Total

S

7 1 B . M _____________ S718.OT

$

5SA.no ft

tw m

S

1 M . M _____________ $162,39

Schedule X-l

STATEMENT CF INVESTMENT IN PLANT For Year Ended June 30, 1956

A. LAND BRANCH STATIONS Burke County-468.75 Acres Gordon County-144.3 Acres Gordon County-32 Acres Gordon County-57 Acres Sumter County-455.35 Acres
TOTAL LAND
B. BUILDINGS SOUTHEAST BRANCH STATION Superintendent's Home 2 Tenant Houses 2 Barns Machine Shed Foreman's College 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

Investment Year Beginning Acquired Of Year

Additions

Deductions

Investment End of Year

1952

$ 17,060.00 $

$

1952

25,000.00

1953

9,163.00

1954

12,260.61

1952

19.800.00

$ 83.283.61 J _____

$

1952

$ 14,949.20 $

$

1952

11,606.62

1952

3,042.82

1952

2,504.36

1952

4,491.55

1953

10,028.34

1954

5,500.00

1954

248.00

1954

1,495.81

1954

1,620.33

1954

10,500.87

1952 1952 1952 1952 1952 1952 1952

15,319.12 7,076.40 2,212.10 7,504.55 3,636.00 1,000.00 3,000.00

$ 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

142

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Year Beginning Acauired Of Year Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) SOUTHWEST BRANCH STATION
Turkey Broiler House Cattle Barn Pump House Warehouse

(CONTINUED)

1953 1953 1953 1955

NORTHWEST BRANCH STATION Foreman's House Machine Shed Barn Office Laying House Tenant House Tenant House Tenant House Dairy Barn Dairy Barn Poultry Breeder House Superintendent's House

1952 1952 1952 1952 1952 1952 1953 1954 1953 1954 1954 1955

TOTAL BUILDINGS

$ 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 2,524.40 9.399.61
$158.695.16 $

$

$ 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 2,524.40 9.399.61
$ ....... $158.695.16

IMPROVEMENTS OTHER THAN BUILDINGS SOUTHEAST BRANGl STATION
Water System Fencing & Pastures Other

1952 1952 1952

SOUTH EST BRANCH STATION Water System Fencing & Pastures Other

1952 1952 1952

NORTHWEST BRANCH STATION Water System Fencing & Pastures Other

1952 1952 1952

TOTAL IMPROVEMENTS OTHER THAN BLDGS.

$ 4,753.69 $

$

$ 4,753.69

7,361.15

7,361.15

2,462.39

2,462.39

2,490.34 6,922.35 1,601.39

375.00

2,490.34 6,922.35 1,976.39

577.42 2,853.20
404.97
$ 29.426.90 $

181.00

577.42 2,853.20
585.97

556.00 Jl_____ $ 29.982.90

D. EQUIPMENT Research
TOTAL INVESTMENT IN PLANT

$150.230.21 $51.190.45 $ ... $421.635.88 $51.746.45 . $ ,, ..

$201.420.66 $473.382.33

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA

BALANCE SHEET June 30, 1956

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks

$ 17,853.14

B. RESTRICTED Cash on Hand and in Banks
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash on Hand and in Banks Temporary Investments
B. EXPENDED Buildings Equipment Improvements Other Than Buildings
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

31.230.41 $ 49,083.55
$279,102.16 15.122.71 294,224.87
$227,157.29 220,590.60 55.855.39 503.603.28 797.828.15 $846.911.70

146

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA

BALANCE SHEET June 30, 1956

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus

$ 1,951.21 15.901.93

B. RESTRICTED Fund Balance
TOTAL CURRENT FUNDS
ill PLANT FUNDS A. UNEXPENDED Fund Balances

$ 17,853.14 31.230.41 $ 49,083.55
$294,224.87

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

503.603.28 797.828.15

147

Schedule BB

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Department of Agriculture--Agric. Engineering Department of Agriculture-Forestry Research Bureau of An. Ind.-Air Sac. Disease Forest Service-Peabody
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS FROM PRIVATE SOURCES American Potash Company Anonymous Research Continental Can Rsch. Georgia Forestry Commission Grace Chemical Company Great Lakes Steel - Quonset Hess-Clarke Inc. Hybro-Tite Rsch. Massengill - Vet. Med. Molybdenum Moorman Research National Plant Food Inst. Chas. Pfizer Company, Inc. - Poultry Polk-Miller Sharpe-Dohme T.V.A.-Ag. Econ. T.V.A.-Phosphorous Research Tennessee Corporation-Cooper
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Agronomy Animal Husbandry Creamery Dairy Farm Food Processing Plant Grain Grading Greenhouse Horticulture Farm Horticulture Research Livestock Farm Poultry Research Savannah Sugar Ref. Company Swift and Company - Broiler Research
TOTAL SALES AND SERVICES
148

General Income

Restricted Income

Total

$331,073.00 $

$331,073.00

587.52 83.33
9,000.00 250.00

587.52 83.33
9,000.00 250.00

$331,073.00 $ 9.920.85 $340,993.85

$

$ 1,800.00 $ 1,800.00

275.00

275.00

500.00

500.00

15,250.01

15,250.01

1,500.00

1,500.00

2,500.00

2,500.00

3,600.00

3,600.00

1,500.00

1,500.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

2,000.00

2,000.00

2,200.00

2,200.00

2,980.00

2,980.00

3,500.00

3,500.00

8,722.71

8,722.71

272.96

272.96

300.00

300.00

$

$ 49.900.68 $ 49.900.68

$ 2,805.20 9,668.57
140,965.24 33,956.31 9,122.58 1,618.19 1,359.41 6,451.17 1,095.65 7,672.60 80,200.60

$
9,677.65 18.682.09

$ 2,805.20 9,668.57
140,965.24 33,956.31 9,122.58 1,618.19 1,359.41 6,451.17 1,095.65 7,672.60 80,200.60 9,677.65 18.682.09

$294,915.52 $ 28.359.74 $323,275.26

UNIVERSITY CF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) OTHER Equipment Sales - Creamery
TOTAL OTHER
TOTAL COLLEGE STATION INCOME
TRANSFERS FROM Restricted Agency (For Swift and Company Broilers) General Funds
TOTAL RECEIPTS

Schedule CC

STATEMENT OF CUR]

General Income

Restricted Income

Total

$ 180.25 $

..... $

180.25

$ 180.25 $

$

180.25

$626.168.77 $ 88.181.27 $ 714.350.04

$

.96 $

$

.96

1,991.75

1,991.75

14.864.00

14.864.00

$626.169.73 $105.037.02 _ 731.206.75

1ES
b

ADMINISTRATION Director's Office
RESEARCH Agricultural Economics Agricultural Engineering Agronomy Air-Sac Disease Animal Husbandry Anonymous Dairy A.R.S. Farm Storage Biochemistry Boron Central Soya Charcoal Rsch.-Forestry Continental Can Co. Cooper Dairy Distillers Feed Dow Potato Research Food Technology Forestry Frit Research G. P.F.E.-Agronomy Ga. Forestry Rsch. Council

Fund Classification

General

Research

Object Classification

Salaries

Operating

and Wages

Supplies & Expense

Equipment

$ 12.903.11 $

$ 10.619. 92 $ 1.723.30 $ 559.89

$ 4,505.47 $

$ 3,607.77 $ 897.70 $

41,092.04

587.52 34,114.47

5,313.27 2,251.82

33,515.12

25,374.32

4,870.23 3,270.57

9,497.14

4,688.25

4,100.72

708.17

20,384.15

10,003.88

9,452.19

928.08

111.85

111.85

852.81

124.64

728.17

6,037.33

4,772.41

435.05

829.87

595.38

470.90

124.48

33.57

33.57

1,210.92

740.64

470.28

112.75

72.75

40.00

453.67

453.67

16,788.62

13,491.86

1,909.96

1,386.80

166.18

89.43

53.25

23.50

326.15

299.64

26.51

12,263.03

9,357.59

1,681.44

1,224.00

18,188.84

8,512.07 16,660.50

4,678.22 5,362.19

227.59

145.79

81.80

37.49

37.49

13,245.98 12,533.51

712.47

149

UNIVERSITY (F GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

RESEARCH (CONTINUED) Goodrich Gordon Foods Grace Chemical Company Horticulture Hybrotite Landscape Architecture Massengill-Vet. Medicine Molybdenum Moorman Morrison Fund-Dairy Offset Forestry Rsch. Council Peabody Forestry Pfizer Research-Poultry Phosphorus TVA Plant Pathology Polk-Miller Potash Experiments Poultry Quonset Storage-U.S. Steel Radioactive Savannah Sugar Refinery Sharpe-Dohme Silo Research-U.S.D.A.
Sodium Soil Testing Sulphur Swift Account-Broiler Rsch. T.V.A. Ag. Economics Tennessee Eastman Kodak Wyeth-Series B
TOTAL RESEARCH
SERVICES RELATED TO RESEARCH Creamery Dairy Farm Food Processing Plants Grain Grading Greenhouse Horticulture Farm Livestock Farm
TOTAL SERVICES

------- --------------- .--

i*und Classification

General

Research

______ Object Classification

Salaries Operating

and

Supplies

Waaes

& Exoense

Equipment

$ 12,496.73 2,399.40
17,327.43 148,589.11
22,274.03

$

24.65

425.58

2,108.77

1,160.60

1,000.00 999.10 705.32 13.00
18,448.70 1,000.00 820.32 2,967.12

2,506.83 160.50

2,386.45 359.27
19,501.40 444.20
1,175.57 3,797.51

70.69 11,603.83 11,248.06
89.11 1.058.49

$

20.00

299.03

1,652.37

9,881.00

422.76

2,100.00

675.00

999.10

166.13

12,614.12 1,000.00 820.32 1,953.09
16,394.22 950.00

59,947.47 1,790.00

6,196.19 400.00 265.00
2,121.00 17,741.12

6,275.00 9,990.09

966.59

$

4.65

54.90

2,115.91 337.84 299.40 325.00

189.75 13.00
1,333.42

1,014.03 933.21 511.03 47.50
84,775.71 596.45 175.27
13,075.15 44.20
910.57 676.51 3,349.60
70.69 5,328.83 1,257.97
89.11 91.90

$ 71.65
456.40 499.82 400.00
349.44 4,501.16
1,045.80 113.00
3,865.93 184.00 230.06
1,000.00 lj183.31

$335.861.30 $120.046.14 $292.516.98 $152.703.15 $30.687.31

$142,793.66 $ 42,174.87 17,572.15 1,744.40 10,955.04 11,356.58 20.290.90
$246.887.60 .

$ 28,720.87 20,207.40 6,583.04 1,569.13 8,066.99 8,861.68 9.460.01

$106,216.05 21,270.26 10,989.11 175.27 2,653.95 1,944.90 10.648.87

$ 7,856.74 697.21
234.10 550.00 182.02

$ 83.469.12 $153.898.41 $ 9.520.07

150

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

TOTAL EXPENDITURES

TRANSFERS TO Restricted Plant-General Refunds-Prev. Yrs. Plant-Restricted General

Inc.

TOTAL DISBURSEMENTS

Fund Classification

General

Research

Object Classification

Salaries

Operating

and Wages

Supplies & Expense

Eouipment

$615.652.01 $120.046.14 $386.606.02 $308.324.86 $40.767.27

$ 14,864.00

$ 2,301.00 3,117.87 2,500.00 .96

$630.516.01 $127.965.97

Schedule DD
GOVERNMENTAL United States Dept. Ag.-Ag. Eng. Labor Dept. Ag.-Forestry Rsch. Dept, of Ag.-Silo Bur.An.Ind.-Air Sac T.V.A.-Ag. Economics T.V.A.-Phosphorous
TOTAL GOVERNMENTAL
GIFTS A.R.S. Farm Storage American Cyanamid Company American Potash Company American Poultry Hatching Anonymous-Dairy Central Soya Co.-Dairy Charcoal Research Chilean Nitrate Ed.-Sodium Continental Can Co. Corning Glass Works Distillers Feed Dow Chemical Company Ferro Corporation-Frit Forestry Research GPFE Society Georgia Forestry Commission

f OPERATIONS OF RESTRICTED FUNDS Year Ended June 30, 1956

Balance Beginning Of Year

Income For
Year

Expense For
Year

Transfers

Balance End of
Year

$

$ 587.52 $

(-- )83.33

83.33

587.52 $

1,175.57

624.67 9,000.00

9,497.14

(-M93.73 8,722.71

11,248.06

272.96

2.967.12

$ 47.61 $18.666.52 $ 25.475.41 $

$

21.14R

(-)l,175.57 106.39
C-)3,019.08 (-12.694.16

21.14 $(->6.782.42

$ 1,271.56 $

$ 852.81 $

1,030. 1 2 5,095.29

1,800.00

160.50

2,500.00 111.85 35.04
1,210.94 6,000.98
59.06

275.00 500.QO

111.85 33.57
1,210.92 3,797.51
112.75

160.22 267.88 669.50 518.65 9,266.07
37.49

166.18 326.15 227.59 8,512.07
37.49

2,676.54 15,250.01

13,245.98

418.75R $ 2.500.00T
.02A
754.00T

1,030.72 6,734.79
275.00 1.47
2,203.47 446.31 160.22 101.70 343.35 291.06

2,676.54R 2,004.03

151

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (CONTINUED)

GIFTS (CONTINUED) B. F. Goodrich-Chem. Gordon Foods-Food Tech. Grace Chemical Company Great Lakes Steel-Quonset Hess-Clarke Company Hybro-Tite Research Int. Min. & Chem. Corp. Massengill-Vet. Med. Molybdenum
Moorman Research Morrison Fund-Dairy National Plant Food Inst. Offset Forestry Research
Pacific Coast Brorax Co. Peabody Forestry Chas. Pfizer Co., Inc. Polk-Miller Radioactive-For Experiment Reynolds Metals Co. Savannah Sugar Ref. Co. Sharpe-Dohme Swift & Co.-Poultry Tennessee Corp.-Copper Tenn. Corp.-Minor Elem. Tennessee Eastman Co. Texas Gulf Sulphur Co. Wyeth-Series B
TOTAL GIFTS
GRAND TOTAL

Balance Beginning Of Year

Income For
Year

Expense For
Year

Transfers

Balance End of
Year

817.45 565.10 1,384.75
1,190.50 1,060.77
1.44
13.00 4,915.98

1.500.00 2.500.00 3.600.00 1.500.00
1, 000.00 1, 000.00
1, 000.00
2 , 000.00

875.56
1, 000.00 200.00
1,771.16 .04
5,180.96
1,080.38 237.31
1,492.69 89.11
230.33 -- . .tm

,250.00
2 200.00
2,980.00
9,677.65 3,500.00 18,682.09
300.00

5

24.65

425.58

2,108.77

2,386.45

1,160.60
1, 000.00
999.10

705.32 13.00

18,448.70

595.38
1,000.00
820.32 2,506.83
359.27

19,501.40 444.20
11,603.83 453.67

89.11 70.69 l.uoo.av

.90A
1.44R
(-)14,864.00T 1,547.001
.04A
(-01,991.75

792.80 139.52 775.98 113.55 3,600.00 1,529.90 1,060.77
294.68
,2 000.00
(-- )215.72 280.18 250.00
1.579.68 473.17
1,411.89
(-)4,642.79 3,055.80
10,150.39 83.64
1.492.69
159.64 34.94

$54,111.75 $69,514.75 $ 94.570.73 $(-)8.,957.06 $ 38.012.83

$54,159.36 $88,181.27 $120,046.14 $(-)8. 935.92 $ 31.230.41

Schedule EE

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS

Cash Balance 1. 1955

Receipts

Disbursements Cash Balance

For Year ^ ^ F o r j f e a r ^ June 30. 1956

$ 22,199.42 $ 626,169. 73 $ 630,516.01 $

54.159.36

105.037. 02

127.965.97

L JL 76.358.78

731.206. 75 $ 758.481.98 $

17,,853..14 31 230,,41
49, 083. 55

152

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

PLANT FUNDS TOTAL

Cash iBalance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

$ 43 .554.65 S 364.991.00 $ 114.320.78 _1_ 294.224.87 $ 119 .913.43 Si.096.197.75 $ 872.802.76 $ 343.308.42

National Bank of Athens

BANK BALANCES

$ 343.308.42

Schedule FF

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS TRANSFERS: From Restricted Funds From Educational & General (General Forestry)
STATE ALLOTMENT
TOTAL ADDITIONS
DEDUCTIONS Buildings Improvements Other Than Buildings Equipment Repairs
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant
Additions

Funds for Debt
Service

$ 43.554.65 $

Total S 43.554.65

$ 2,500.00 $ 2,301.00
360,190.00
S364.991.00 $
$ 42,639.09 $ 15,720.23 38,126.68 17.834.78
SI14.320.78 S
S294.224.87 s

$ 2,500.00 2,301.00
360.190.00
S364.991.00
$ 42,639.09 15,720.23 38,126.68 17.834.78
SI14.320.78
____ S294.224.87

Schedule GG

STATEMENT OF OPERATIONS (F UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance

Receipts

July 1. 1955 Transfers For Year

DisbursementsBalance For Year June 30. 1956

BUILDINGS Dairy Building Poultry Breeding

1,709.42 $ 271.33T $ 32,101.74 654.26T
153

$ 1,980.75 $ 32,756.00

UNIVERSITY CF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Receipts

July 1. 1955 Transfers For Year

Disbursements Balance For Year June 30. 1956

BUILDINGS (CONTINUED) Animal Husb.-Labor Houses Animal Husb.-Bull Barn Animal Husb.-Scale Shelter Dairy Machine Shed An. Husb. Machine Shed An. Husb.-F.S. & M. Barn A.P.H.F.-Poultry Poultry Disease
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BLDGS. Dairy-Concrete & Lane An. Husb.-Pasture Water System-Hort. Farm Fencing Gates-Hort. Farm Hot Water Unit - Food Plant Dairy Pasture

$

$

$ 5,000.00 $

1 ,000.00

$ 5,000.00 1 ,000.00

500.00

352.52

147.48

5,000.00

5,000.00

5,000.00

5,000.00

13,000.00

4,522.51

8,477.49

2,500.00T

2,500.00

238.440.00

527.31

237.912.69

$ 33.811.16 $3.425.59 $267.940.00 $ 42.639.09 $ 262.537.66

$

$

$ 4,500.00 $ 4,431.84 $

68.16

5,500.00

4,251.45

1,248.55

3,000.00

2,749.41

250.59

1,800.00

1,800.00

450.00

450.00

7.500.00

3.837.53

3,662.47

TOTAL IMPROVEMENTS
EQUIPMENT Water Lines & Founts Poultry Tests Equipment-State

l_

:.$....

$ 4,640.00 $ 162.79

$ 22.750.00 $ 15.720.23 $ 7.029.77

$

$

46.000.00

4,640.00 $ 33.486.68

162.79 12,513.32

TOTAL EQUIPMENT
REPAIRS General
Horticulture Farm Food Plant Creamery Forestry Lab. An. Husb. Homes Dairy Homes Dairy Barn

4.802.79 $ .....

$ 46.000.00 $ 38.126.68 $ 12.676.11

$ 4,940.70 $(-)271.33T $

$

(-)654.26T

6 ,000.00

2,500.00

5,000.00

2,301.00T

2 ,000.00

5,000.00

3.000.00

2,962.16 $ 5,960.69 2,153.93
4,999.96 1.758.04

1,052.95
39.31 346.07 5,000.00 2,301.00 2 ,000.00
.04 1.241.96

TOTAL REPAIRS TOTAL COLLEGE PLANT FUNDS

J _ 4.940.70 $1.375.41 $ 23.500.00 $ 17.834.78 $ 11.981.33 $ 43.554.65 $4.801.00 $360.190.00 $ 114.320.78 $ 294.224.87

154

Schedule HH

UNIVERSITY (F GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

BUILDINGS Cattle Feed Shed Dairy Barn Lab. Isolation Building Lounging Barn - Dairy Poultry Laying House Poultry Building Poultry Testing Building Laborers' Cottages A.P.H.F. Poultry Animal Husb. Scale Shelter Poultry Disease Animal Husb. F.S.M. Barn
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS An. Husb. - Pasture Improvement Dairy - Pasture Improvement Water System - Hort. Farm Dairy Concrete and Lane
TOTAL IMPROVEMENTS
REPAIRS Two Labor Houses Dairy Barn Agronomy Tenant House Dairy Mfg. Lab. Miscellaneous Painting Fences Horticulture Farm Food Plant
TOTAL REPAIRS
EQUIPMENT Administrative Research Services Related Animal Husbandry Livestock Poultry
TOTAL EQUIPMENT
TOTAL PLANT INVESTMENT

Investment Year Beginning Acauired Of Year

Additions

Deductions

Investment End of Year

1952 1954 1953 1953 1953 1953 1954

$ 10, 000.00 34, 999.54 1, 057.11 3 , 290.58 4 , 333.55 62, 398.26 23, 789.13 14, 787.06

$ 1, 980.75
32, 756.00
2 , 500.00 352.52 527.31
4 . 522.51

$

$ 10, 000.00

36, 980.29

1, 057. 11*

3 , 290.58

4 , 333.55

95, 154.26

23, 789.13

14, 787.06

2 , 500.00

352.52

527.31

4 . 522.51

S154. 655.23 S 4 2 . 639.09 S 1. 057.11 S196. 237.21

1953

$ 30, 033.70 10, 101.46
S40. 135.16

$ 4 , 251.45 3 , 837.53 3 , 199.41 4 . 431.84
S 15. 720.23

$

$ 34, 285.15

13, 938.99

3 , 199.41

4 . 431.84

S ___________ 5 5 . 855.39

1953
1953 1953 1954

$ 480.90 $ 4 , 999.96 $

1, 758.04

1, 281.00

3 , 494.88

7 , 153.62

2, 962.16

674.90

5, 960.69

2 . 153.93

S 13.085.30 S 17. 834.78 $

$ 5 , 480.86 1, 758.04 1, 281.00 3 , 494.88
10, 115.78 674.90
5 , 960.69 2 . 153.93
S30. 920.08

$

$ 559.89 $

81, 815.93 68, 813.99

47, 580.45

9 , 520.07

2 , 501.43

4 , 461.63

5 . 337.21

$ 559.89 150, 629.92 57, 100.52 2 , 501.43 4 , 461.63 5 . 337.21

S S _J 141. 696.65

7 8 . 893.95 ___________ $220. 590.60

S349. 572.34 S155. 088.05 S 1. 057.11 S503. 603.28

155

PART VII UNIVERSITY OF GEORGIA - GEORGIA EXPERIMENT STATION
Experiment, Georgia
Schedule II - Schedule QQ
157

Schedule II

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
BALANCE SHEET June 30, 1956

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bankds
B. RESTRICTED Cash in Banks Due from TVA Due from Quartermaster
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash in Banks
B. INVESTED IN PLANT Land and Improvements Buildings Equipment
TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL ASSETS

ASSETS

$ 11,940.00

$ 65,205.43 6 , 000.00
25,491.79

96.697.22

108,637.22

$ 20,392.93
$ 265,216.81 942,978.39 769.543.52 1,977.738.72
1,998.131.65 $2.106.768.87

*
I
4 t. i >*

I". CURRENT FUNDS A. GENERAL Surplus
B. RESTRICTED

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
BALANCE SHEET June 30, 1956
LIABILITIES

$ 11,940.00

Fund Balance
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances
B. INVESTED IN PLANT Equity of University System Building Authority Net Invested in Plant
TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SUPPLIES

96.697.22 $ 108,637.22

$ 20,392.93

$ 342,184.86 1,635.553.86

1.977.738.72

1.998.131.65

$2.106.768.87

159

Schedule JJ

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

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 Cyanamid Company American Society of Ref. Engineers Carbide and Carbon Chemargo Corn Product Industries Hercules Powder Company Quartermaster Depot Refrigeration Research Foundation Shell Corporation Tennessee Corporation Tennessee Valley Authority United States Department of Agriculture Valsicol 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 Fund Used Equipment Wool
TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$233,327.00 $ 12,746.00 $ 246,073.00

15,000.00 15,000.00 60,000.00 98,402.95 385,805.08 125,700.00 12.746.00

15,000.00 15,000.00 60,000.00 98,402.95 385,805.08 125,700.00 12.746.00

$233,327.00 $725,400.03 $ 958.727.03

$

$ 1 ,000.00 $ 1 ,000.00

1 ,000.00

1 ,000.00

1 ,000.00

1 ,000.00

1 ,000.00

1 ,000.00

/V-N

750.00

750.00

1,835.00

1,835.00

1,500.00

1,500.00

10,780.11

10,780.11

3,000.00

3,000.00

1 ,000.00

1 ,000.00

750.00

750.00

3,443.36

3,443.36

4,081.24

4,081.24

600.00

600.00

$

$ 31.739.71 $ 31.739.71

$

1.00 $

$

10,712.55

13,176.61 688.61

19,813.48

1,493.44

82,698.28

14,478.27 9.66

9,177.92

33.26

82.00

360.00

4,916.75

541.41

1.00 10,712.55 32,990.09
688.61 82,698.28
1,493.44 23,656.19
9.66 33.26 82.00 4,916.75 360.00 541.41

$ 41.576.81 $116,606.43 $ 158.183.24

160

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income

OTHER SOURCES Rents from Property Southern Piedmont Station (Handling Funds)
TOTAL FROM OTHER SOURCES
TOTAL CURRENT INCOME
NON-INCOME RECEIPTS Escrow Funds
TOTAL CURRENT RECEIPTS

$ 6,618.32 $ 1,650.00 $ 120.00

8,268.32 120.00

i. 6.738.32 $ 1.650.00 $ 8.388.32 $281.642.13 $875.396.17 $1.157.038.30

$

$ 3.700.00 $ 3.700.00

$281,642.13 $879,096.17 $1,160,738.30

Schedule KK

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1956

Fund Classification

General

Restricted

Obiect Classification

Salaries

Operating

and Waaes

Supplies & Expense

Eauipment

ADMINISTRATIVE AND GENERAL Comptroller's Office Director's Office

$ 9,516.34 $ 389.66 $ 8,482.19 $

$ 1,423.81

8,456.72

4,734.40 12,274.52

916.60

23.405.25

3.858.98

6.904.25

19.159.98

1 .200.00

TOTAL ADMINISTRATIVE & GENERAL $ 41.378.31 $ 8.983.04 $ 27.660.96 $ 20.076.58 $ 2.623.81

PHYSICAL PLANT

$ 58.980.28 $

$ 17.774.87 $ 34.688.12 $ 6.517.29

T.TRRARY

$ 4.438.98 $ 4.436.02 $ 4.850.00 $ 1.320 60 $ 2.704.40

ORGANIZED RESEARCH Agricultural Economics Agricultural Engineering Agronomy: Crops Agronomy: Forage-Pasture Agronomy: Soils Animal Industry S-3, An. Ind. Reg. Chemistry Eatonton Project Entomology Food Processing Forestry Ga. Mountain Station

$ 3,401.68 4,669.34
26,965.86 2,962.17
12,665.71 26,161.98
4,171.29
3,438.79 4,320.44 2,989.32 36,028.59

$100,579.27 21,983.42 50,941.44 24,506.20 15,570.27 71,367.73 6 ,000.00 32,239.47 65,448.20 30,065.06 66,939.55 4,358.41 32,654.15

$ 81,561.19 20,731.72 66,945.69 23,870.21 20,824.76 56,054.04 6 ,000.00 29,632.99 28,369.45 24,145.51 60,174.35 5,495.83 55,409.00

$ 16,940.59 4,109.18 8,945.60 2,782.78 4,910.98
35,472.85
3,317.32 30,144.99
2,764.48 6,740.49
440.69 10,044.15

ti y $ 5,479.17
l,8 li.86 2,016.01
815.38 2,500.24 6,002.82
3,460.45 6,933.76 6,593.86 4,345.15 1,411.21 3,229.59

161

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

ORGANIZED RESEARCH (CONTINUED) Home Economics Regional Housing S-8 Horticulture Plant Pathology Primary Station S-9 Agronomy - Tifton Agric. Econ. SM-1 1 , Athens Agric. Engineering, Athens Southern Piedmont Station Regional S-7 Poultry, Athens Ga. Coastal Plain Station College of Agric. Exp. Sta. Regional SM-12 Proj. Regional SM-13 Proj. Regional S-14 Proj. Regional S-19 Proj. Regional S-21 Proj. Regional S-23 Proj. Regional S-10 Proj. Regional S-24 Proj. Regional S-29 Proj. Agric. Mg. Studies Seed Revolving Fund
TOTAL RESEARCH
TOTAL EDUC. & GENERAL EXPENSES
TRANSFERS TO: Plant Funds
NON-EXPENSES
TOTAL CURRENT EXPENDITURES

------------ - ---------------- Object Classification______

Salaries Operating

Fund Classification

and

Supplies

General

Restricted

Wages______

$ 4,147.62 4,617.18
17,105.31 12,781.11
956.62
2,385.58 1,504.32
940.27

, $ 19,204.47 $ 18,057.00

8 100.00

10,900.27

34,733.35 40,283.85

29,182.51 27,860.23

20,000.00

17,774.70

6,608.22

6,568.50

5,549.10

2,881.23

999.96

999.96

12,638.92

9.718.01

18,535.00

1,954.92

60,013.70 56,077.31

63,234.97 55,614.21

1.500.00

1,071.97

9.200.00
2 ,000.00

8.721.01 1,100.65

4.000. 00 2,046.05

2.500.00

224.00

3.000. 00 2,241.67

4.000. 00

4.000. 00

717.19

1.500.00

823.20

949.16

5.85

8.091.88

$ 2,778.75 1,297.69 5,689.28 2,895.56 2,699.26 39.72 2,035.58
2,705.50 15,386.10
4,418.82 3,857.44
428.03 1,003.35
342.15 714.15 699.98 421.33 3,145.00 2,622.81 437.70
8.091.88

$ 2,516.34 519.22
5,865.53 11,207.83
482.66
632.29
215.41 1,193.98 1,903.15 5,267.64
415.91 557.20 1,239.80 1,576.02 337.00 855.00 660.00 239.10 943.31

$172.213.18 $842.194.41 $744.856.52 $188.324.18 $81.226.89

$277.010.75 $855.613.47 $795.142.35 $244.409.48 $93.072.39

10,000.00 3.700.00
$287.010.75 $859.313.47

Schedule LL

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1956

Allied Chemical Company American Cyanamid Company American Society of Ref. Eng. Carbide and Carbon Company Chemargo Columbia Sou. Chem. Company Corn Products Ind. Dow Chemical Company E. I. DuPont Company Eatonton Timber Sales Eatonton Sales Escrow Funds - Timber Georgia Institute of Technology Hercules Powder Company International Mineral & Chemical Co. New England Confectioners Assoc. Quatermaster Depot Refrigeration Rsch. Found. Shell Chemical Corporation Southern Piedmont Exp. Station Tennessee Corporation Tennessee Valley Authority United States Department of Agric. Valsicol Corporation Seed Revolving Fund Hatch Funds Adams Funds Purnell Funds Bankhead-Jones 5, Funds Bankhead-Jones 5, Funds Regional Research Funds Title II Funds State Funds to Match Title II Funds
TOTALS

Balance Beginning Of Year

Income For
Year

Expense For
Year

Balance End of Year

$ 1 ,000.00
54.21 399.13 538.26 137.85
209.90 214.49 22,494.17
1,500.00 937.76
2,108.92 949.16
1,403.55 (-09,371.90
3,530.02 1,319.73 3,220.22 1,209.75 (-03,443.36 (-)450.50 1,057.84 15,465.76
937.77

$ 1 ,000.00 1 ,000.00 1 ,000.00 1 ,000.00 750.00
1,835.00
82,698.28 16,992.91
3,700.00
1,500.00
10,780.11 3,000.00 1 ,000.00
13,648.49 750.00
3,443.36 4,081.24
600.00 4,916.75 15,000.00 15,000.00 60,000.00 98,402.95 385,805.08 125,700.00 12,746.00 12.746.00

$

11.70

281.86

484.23

158.40

604.00

137.85

787.51

209.90

214.49

48,455.29

16,992.91

3,700.00

937.76

1,739.79

949.16

1,403.55

26,900.00

4,573.70

1,623.38

12,638.92

911.98

6 ,000.00

3,630.74

901.38

8,091.88

15,000.00

15,000.00

60,000.00

98,402.95

385,805.08

125,700.00

9,001.41

8.063.65

$ 1,988.30 718.14 569.98
1,240.73 684.26
1,047.49
56,737.16 1,500.00 1,869.13
(->25,491.79 1,956.32 696.35 4,229.79 1,047.77
(-) 6 ,000.00 756.46
12,290.63
4,682.36 4.682.35

$ 45.422.73 $879.096.17 $859.313.47 $ 65.205.43

163

Schedule MM

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Employee's Bond Account Group Insurance Retirement Fund Sales Tax Social Security Withholding Tax
TOTAL AGENCY FUNDS

Balance Beginning Of Year $
l_

Receipts For
Year

Disbursements For
Year

Balance End of
Year

$ 3,098.75 $ 3,098.75 $

10,956.62

10,956.62

21,238.38

21,238.38

385.64

385.64

4,059.40

4,059.40

59.672.70

59.672.70

$ 99.411.49 $ 99.411.49 $

Schedule NN

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Restricted
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash Balance July 1 , 1955

Receipts For Year

Disbursements Balance

For Year

End of Year

$ 17,308.62 $ 281,642.13 $ 287,010.75 $11,940.00

45,422.73

879.096.17

859.313.47 65.205.43

L_

99.411.49 $ 99.411.49 $

$ 1.494.68

58.500.00 $ 39.601.75 $20,392.93

$ 64.226.03 $1,318,649.79 $1,285,337.46 $97,538.36

BANK BALANCES

Petty Cash, Georgia Experiment Station State Bank, Griffin, Georgia, Educational and General Account

r 9"^ Commercial Bank
Commercial Bank
Commercial Bank

f l TUSl
& Trust & Trust
& Trust

^ompany* Griff i,4Gergia, Educational and General Account Company, Griffin, Georgia, Seed RevolvingFund Company, Griffin, Georgia, Plant Funds Company, Griffin, Georgia, Escrow Funds

P 2!tlB rSihBaS f.TrusJ.CamPany. Griffin, Georgia, Southern Piedmont Experiment Station Petty Cash, Southern Piedmont Experiment Station

TOTAL

$ 300.00 9,364.71
49,460.30 12,290.63 20,392.93
1,500.00 4,154.79
75.00
$97.538.36

164

Schedule 00

UNIVERSITY CF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT CF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING CF YEAR
ADDITIONS State Appropriation Transfers from Educational & General Funds
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions Repairs and Alterations Improvements Other Than Buildings (Fencing, Pastures, etc.) Equipment Buildings Agric. Engineering Shop Calf Nutrition Barn Silos (Concrete - 6 ) Digestive Crates
TOTAL EXPENDED FOR PLANT ADDITIONS
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for

Funds for

Plant Additions Debt Service

Total

$

1.494.68 $

S 1.494.68

$

48,500.00 $

10 .000.00

$

58.500.00 $

$48,500.00 10 .000.00
S58.500.00

$

13,667.34 $

9,691.52 2,077.14

7,307.41 988.98
3,960.36 1.909.00

$

39.601.75 $

$

39.601.75 $

$

20.392.93 $

$13,667.34
9,691.52 2,077.14
7,307.41 988.98
3,960.36 1.909.00
S39.601.75
S39.601.75
S20.392.93

Schedule PP

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

VALUE CF PLANT, JULY 1, 1955
ADDITION DURING 1955-56 Expended from Plant Funds Expended from Educational & General Funds and Included in Current Expenditures Expended by University System Building Authority

TOTAL ADDITIONS VALUE OF PLANT, JULY 1, 1955, PLUS ADDITIONS

LESS: Equity of University System Building Authority

NET INVESTMENT IN PLANT

$1,845,062.58
$39,601.75 93,072.39 2.00 132.676.14 $1,977,738.72 342.184.86 SI.635.553.86

165

Schedule QQ

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acquired

Investment Beginning
Of Year

Additions

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 14,314.89 Acres Putnam & Morgan Counties*

1889 1907 1937 1941 1942 1943 1945 1952 1954
1932 1948
1954

$

$

190,026.40

9,182.67 18,347.87
5.500.00 6.825.00

Deductions

Investment End of Year

$

$

190,026.40

9,182.67 18,347.87
5.500.00 6.825.00

TOTAL LAND

IMPROVEMENTS Fencing, Wells, Electric System, Seeding Pastures

TOTAL LAND & IMPROVEMENTS
B. BUILDINGS Adm. Library-Auditorium Flynt Auditorium (Old Nutrition Laboratory Old Horticulture Building New Horticulture Building Dairy Building Cow Testing Building Calf Sleeping Barn Cattle Sleeping Barn Swine Barn Potato Storage House Slaughter House Utility Barn Agronomy Greenhouse Calf Nutrition Barn Chemistry & Hort. Greenhouse Plant Pathology Greenhouse New Hort. Greenhouse New Entomology Greenhouse General Storage Building

1954 1929
1908
1940 1896 1948 1940 1941 1925 1928 1925
1930 1935 1945 1930 1956
1930 1940 1956
1956 1915

I-- 229,881.94 $_______

$___________ $ 229.881.94

1 25,841.63 $ 9,493.24 $ ________ $ 35,334.87 I-- 255.723.57 $ 9,493.24 $___________ $ 265.216.81

367,655.58 :$

2.00 $

74,500.40

1,248.85

6,066.20

10,083.15

3,017.60

53,573.91

10,230.70 1 ,000.00

8,020.94 1,909.00

500.00

5,000.00

2,107.50

700.00

400.00 2 ,000.00

1,500.00

2 ,000.00

988.98

5,000.00

1,072.70
1,072.70 2 ,000.00

3,139.70 4,253.86

$ 367,657.58 75,749.25 6,066.20 10,083.15 3,017.60 53,573.91 18,251.64 2,909.00 500.00 5,000.00 2,107.50 700.00 400.00 2 ,000.00 1,500.00 988.98 2 ,000.00 5,000.00 4,212.40 5,326.61 2 ,000.00

*This land was^ deeded by United State of America, subject to certain easements and reser-

vations on minerals, etc., po appraised and inducted in the

value has yet been next annual report.

placed

on

the

property.

It will be

166

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED) Old Mule Barn Fertilizer and Seed Barn Drying House Sanford Barn New Gin House New Food Processing Lab. Residences & Tenant House Weighing Office & Shed Barn (Westbrook Farm) Implement Shed-Beef Cattle Peach Packing & Imp. Shed Barn (Back of School) Agr. Implement Shed Forage Crop & Grain Dryer Sheep Barn Sheep Barn Cattle Feeding Sheds Mule Feeding Shed Pump House New Greenhouse (P. Station) Insectory Hog Farrowing Barn Gasoline House Ento., Forestry & A. Ec. Shed Agr. Imp. & Mule Shed Silos (6 - Concrete) Agric. Engineering Shop

1920 1941 1935 1938 1946 1948
1941 1942 1941 1948 1941 1949 1949 1943 1941 1941 1941 1941 1950 1950 1952 1953 1953 1953 1956

!$ 3 , 000.00 $

$

3, 500.00

1, 500.00

6 , 000.00

6 , 000.00

94, 492.42

72, 635.71

5 , 832.05

600.00

1, 000.00

600.00

7 , 000.00

1, 000.00

1, 584.23

1, 000.00

2 , 000.00

800.00

1, 600.00

400.00

200.00

11, 61 9 .4 4

800.00

3 , 771.62

1,252. %

6 , 216.45

3 , 731.11

3 , 960.36

7 , 307.41

Mountain Station Office and 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 Barn Livestock Barn & Mach

1953 1932 1932 1932 1932 1932 1932-38 1932
1940 1935 1940 1940 1948 1948 1948 1949 1949
1949

57, 525.61 740.00 725.00 200.00
1, 000.00 625.00
3 ,000.00 25.00
20.00 100.00 130.00 140.00 4 , 500.00 1, 60 0 .0 0
400.00 3 , 250.00
750.00
3 , 000.00

$

3 ,000.00

3 . 500.00

1. 500.00

6 ,0 0 0 .0 0

6 ,0 0 0 .0 0 94, 492.42

78, 467.76 600.00

1 ,0 0 0 .0 0

600.00 7 ,000.00 1,000.00

1, 584.23
1, 000.00

2,000.00

800.00

1. 600.00 400.00

200.00

11, 6 1 9 .4 4 800.00
3 , 771.62

1, 252.96

6 , 216.45 3 , 731.11

3 , 960.36 7 , 307.41

57, 525.61 740.00 725.00
200.00
1, 000.00
625.00 3 . 000. 00
25.00
20.00
100.00
130.00 140.00 4 . 500.00 1 . 6 00.00 400.00 3 , 250.00 750.00
3 . 000. 00

167

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Mountain Station (Cont'd) Shop
Eatonton Project Office Building Manager's House (Addition) Tenant Houses (Bathrooms) 2 Pole Barns 2 Hay Feeding Sheds Well House Carpenter Shop
Athens, Georgia Reg. Poultry Brooder House Brooder House Pump House
TOTAL BUILDINGS
C. EQUIPMENT Admin. Bldg. (Bldg. Auth.) Administrative Agricultural Economics Agricultural Engineering Agronomy Animal Industry Chemistry Eatonton Area Project Entomology Food Processing Forestry Ga. Mountain Exp. Station Home Economics School of Home Econ., Athens Horticulture Library Plant Pathology Primary Station (S-9) Southern Piedmont Exp. Sta. Regional Poultry Lab., Athens College of Ag. Exp. Station Ga. Coastal Plain Exp. Sta. Carpenter Shop
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning
Of Year

~ Additions

Deductions

Investment End of Year

1949

$

75.00 $

1955 1955 1905 1955 1955 1955

6,685.00 4,700.00 3,780.00 3,066.98
790.36 232.67 1,802.00

$ 564.60

1954 1955 1955

15,713.57 8,891.19 498.83
905.750.64 $ 37.227.75 $

$ 12,547.82 $

$

18,206.78

6,956.00

19,536.05

5,479.17

9,399.86

1,811.86

99,048.78

6,274.94

117,244.26

10,441.03

43,130.66

3,460.45

120,756.25

5,941.97

19,541.73

2,340.00

39,542.27

4,345.15

3,389.43

1,411.21

39,936.38

3,229.59

20,795.60

2,516.34

10,000.41

935.13

34,978.08

2,725.83

31,426.19

2,704.40

20,273.41

10,222.83

8,935.32

482.66

419.77

215.41

5,569.57

1,193.98

5,487.32

7,693.23

1,139.98

5,573.97

2.282.45

$ 683.588.37 $ 85.955.15 .$ $1,845,062.58 $132,676.14

$

75.00

6,685.00 5^264.60 3,780.00 3 j066.98
790.36 232.67 1,802.00

15,713.57 8,891.19 498.83
$ 942.978.39

$ 12,547.82 25,162.78 25,015.22 11,211.72
105,323.72 127,685.29
46,591.11 126,698.22
21,881.73 43,887.42
4,800.64 43,165.97 23,311.94 10,935.54 37,703.91 34,130.59 30,496.24
9,417.98 635.18
6,763.55 13,180.55 6,713.95 2.282.45
$ 769.543.52
$1. 977.738.72

168

Id il
i- 1-
1 *
f * V
4Hi
HI 1
m


PART VIII UNIVERSITY OF GEORGIA - COASTAL PLAIN EXPERIMENT STATION
Tifton, Georgia
Schedule RR - Schedule YY

Schedule RR
I. CURRENT FUNDS A. GENERAL Cash in Bank

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
BALANCE SHEET June 30, 1956
ASSETS
$ 21,716.97

TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
TOTAL RESTRICTED'FUNDS
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 21,716.97

$ 28,666.42

28,666.42 $ 50,383.39

$ 100,970.11
$ 184,675.40 759,122.30 328.930.12 1.272.727.82 1.373.697.93 51.424.081.32

At

170 i

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
BALANCE SHEET June 30, 1956
LIABILITIES

CURRENT FUNDS A. GENERAL
Accounts Payable Purchase Orders Outstanding Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance

2,034.87 19.682.10

21,716.97 28-666.42

TOTAL CURRENT FUNDS
PLANT FUNDS A. UNEXPENDED
Fund Balance
B. EXPENDED Equity of University System Building Authority Net Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$ 50,383.39

$ 100,970.11

$ 262,070.92 1,010.656.90

1.272.727.82 . 1.373.697.93 SI.424.081.32

Schedule SS

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS AND GRANTS FROM PRIVATE SOURCES Allied Chemical & Dye Corporation Commercial Solvents Corporation E. I. duPont deNemours & Co. Escambia Bay Chemical Corp. Georgia Department of Agriculture Georgia Highway Department Georgia Veterinary Medical Assn. & Auxiliary Grace Chemical Corp. Kendall Mills Shell Chemical Corp. Spencer Chemical Corp. Tennessee Corp. Tidewater Experiment Station Sales Fund U. S. Golf Association Virginia-Carolina Chemical Corp.
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Agricultural' Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage Crops & Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tobacco Turf
TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$285,081.00 LA...

$285,081.00

$

$ 1,500.00 $ 1,500.00

5,000.00

5,000.00

2,200.00

2,200.00

2,500.00

2,500.00

18,750.00

18,750.00

2,500.00

2,500.00

225.00

225.00

1,000.00

1,000.00

500.00

500.00

1,200.00

1,200.00

500.00

500.00

1,050.00

1,050.00

2,559.92

2,559.92

5,550.00

5,550.00

800.00

800.00

$

$45,834.92 $ 45.834.Q9

$ 601.85 $ 2,793.47
64,023.94 944.48 170.59
29,103.99 3.75
7,367.97 3,426.59 1,041.00 3,885.66
33.77 85.00 7,777.31 639.55 7,487.61 2.955.00
$132,341.53 $

$ 601.85 2,793.47
64,023.94 944.48 170.59
29,103.99 3.75
7,367.97 3,426.59 1,041.00 3,885.66
33.77 85.00 7,777.31 639.55 7,487.61 2.955.00
$132,341.53

172

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT INCOME (CONTINUED)
General Income

Restricted Income

Total Income

OTHER SOURCES Plant Timber Sales Rents
TOTAL OTHER SOURCES
TOTAL CURRENT INCOME

$ 12,592.77 $ 2.080.50

$ 12,592.77 2.080.50

S 14.673.27 $

S 14.673.27

S432.095.80 S45.834.92 S477.930.72

Schedule TT

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

ADMINISTRATIVE & GENERAL Director's Office General
TOTAL ADMIN. & GENERAL
PHYSICAL PLANT
LIBRARY
ORGANIZED RESEARCH Agricultural Eng. 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

Fund Classification

General

Restricted

Obiect Classification

Salaries Operating

and Waaes

Supplies & ExDense

Eauioment

$ 16,801.88 $ 13.262.01
$ 30,063.89 $ $ 30,193.74 $ $ 6.428.20 $

$ 16,124.02 $ 677.86 $

3.578.86

9.683.15

$ 19.702.88 S 10.361.01 _ J _____ :-- $ 14.727.94 S 13.856.28 S 1.609.52

$ 4.306.05 $ 1.773.00 $ 349.15

$ 19,775.26 27,822.82 88^264.30 24]705.08 3,121.25 25,855.83 4,535.86 13,240.58 8,310.10 11,278.98
49,415.60 8^836.77
17,806.26 30,143.80 16,194.31 12j486.04 (-1250.00

$
20,250.54
3,633.76 5,112.05 1,650.45
300.00
425.02 223.15 4.982.14

16,316.26 20,638.57 33,115.40 31,325.05 2,488.96 11,971.41 3,804.21 9,502.41 5,004.18 11,688.76 4,821.89 41,213.04 8,039.05 10,308.30 18,255.88 12,678.67 10,006.56 2.963.25

$ 1,404.68 3,937.11
29,814.59 10,277.04
432.29 13,101.92
731.65 3,138.17 2,905.92 2,448.98
290.16 9,554.89
952.22 5,497.96 8,983.12 2,735.92 2,664.83 1.492.26

$ 2,054.32 3,247.14
25,334.31 3,353.53 200.00 782.50
600.00 400.00 775.00
298.12 145.50 2,000.00 2,904.80 1,204.74
37.80 276.63

S361.542.84 S36.577.ll S254.141.85 SlOO.363.71 S43.614.39

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

TOTAL CURRENT EXPENDITURES TRANSFER TO: Plant Funds TOTAL DISBURSEMENTS

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Wages

& ExDense

Equipment

$428.228.67 $36.577.11 $292.878.72 $126.354.00 $45.573.06 $ 8.200.00

Schedule UU

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1956

American Cyanamid Company Allied Chemical & Dye Corporation C hemargo Corporation Commercial Solvents Company E. I. DuPont DeNemours & Company-- Escambia Bay Chemical-Corporation, Flint River Mills ; Georgia Department of Agriculture Georgia Highway Depatment Georgia Vet. Medical Assn. G Aux. Grace Chemical Corporation International Minerals & Chemical Corp. Kendall Mills Massengill Chemical Corp. Southeastern Liquid Fertilizer Company Shell Chemical Corp. Spencer Chemical Corp. Tennessee Corporation Tidewater Experiment Station Union Carbide & Chemical Corporation U.S. Golf Assn. Upjohn Company Virginia-Carolina Chemical Corp. Watermelon Equalization Fund
TOTAL

Balance Beginning Of Year

Receipts For
Year*

Disbursements For
Year**

Balance End of
Year

$ 560.70 $

$

1,500.00 1,500.00

300.00

5,000.00

2,200.00

976.16

2,500.00

18,750.00

5,509.78 2,500.00

225.00

1,000.00

5,651.08

500.00

699.38

600.00

1,336.15

1,200.00

500.00

920.87 1,050.00

2,559.92

600.00

500.00

5,550.00

254.49

800.00

560.70 773.77 223.15
976.16 18,750.00
5,112.05 225.00 703.98
2,156.01
299.38
725.02 1,395.96
3,921.44 500.00
254.49

$ 2,226.23 76.85 5,000:00 2,200.00 2,500.00
2,897.73 '7
296.02 3,495.07
500.00 400.00 600.00 2,536.15 500.00 1,245.85 . 1,163.96 .. 600.00 1,628.56
800.00

$19.408.61 $45.834.92 JL. 36.577.11 $28.666.42

^Included in Educational and General Income **Included in Educational and General Expenditures
174

Schedule VV

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

$ 26,049.84 $432,095.80 $ 436,428.67 $

19.408.61

45.834.92

36.577.11

$ 45.458.45 $477.930.72 $ 473.005.78 $

21,716.97 28.666.42 50.383.39

$

824.32 $129.450.00 $ 29.304.21 $ 100.970.11

$ 46.282.77 $607.380.72 $ 502.309.99 $ 151.353.50

The Bank of Tifton, Tifton, Georgia Educational and General Account

BANK BALANCE

$ 151,353.50

Schedule WW

STATEMENT OF AGENCY FUNDS ^ For Year Ended June 30, 1956

Group Insurance (Inc. Dividend) Retirement Funds Social Security Withholding Tax Sales Tax
TOTAL AGENCY FUNDS

Balance Beginning Of Year $
$

Receipts For
Year

Disbursements For
Year

Balance End of
Year

$ 7,283.81 $ 7,283.81 $

10,548.45

10,548.45

3,048.52

3,048.52

26,293.60

26,293.60

300.51

300.51

$ 47.474.89 $ 47.474.89 $

Schedule XX

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS Transfer from Educational and General Appropriation TOTAL ADDITIONS
DEDUCTIONS Repairs and Alterations

Funds for Plant Additions
J________ 824.32

8,200.00 121.250.00 130.274.32

$

10,005.11

175

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
DEDUCTIONS (CONTINUED) New Buildings TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant Additions

$

19,,299.10

J____ 29.304.21

| .. ,100.970.11

Schedule YY

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acquired

Investment Beginning Of Year

Additions Deductions

Investment End of Year

LAND 206.22 A. Original Tract 62.97 A Tift #1 Tract 60.60 A Tift #2 Tract 109.50 A. Henry Tift Tract 56.77 A. Mitchell Tract 214.70 A. Choate Tract 165.00 A. College Tract 552.90 A. Carson Tract 2.25 A. Tifton Realty Tract 1.00 A. Fulwood Tract 67.00 A. Cook County Tract 28.13 A. Grimes Tract 4.62 A. Saunders Tract 428.08 A. Decatur County Tract
1480.40 A. Alapaha Tract 47.00 A. Alapaha Tract 53.50 A. Alapaha Tract
1223.30 A. Alapaha Tract 50.00 A. Cumby Tract
514.00 A. Carpenter Tract
5275.92 A. Land, Total
BUILDINGS Administration, Lib. and Lab. Research Building Extension Building Greenhouse Greenhouse Greenhouse Feed Sample House Engineer's Shop Farm Machine Shed

1919 1925 1932 1935 1935 1936 1937 1937 1937 1937 1938 1940 1940 1939 1941 1941 1941 1941 1950 1941
1955 1937 1922
1956

$ 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

3,000.00

17.895.50

$ 184.675.40 . .

$

$ 284,045.25 $ 60,000.00

3.00 $

46,500.00

4,000.00

23,337.00

8,200.00

200.00

1,000.00

1,000.00

$ 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 3,000.00 17.895.50
$ 184,675.40
$ 284,048.25 60,000.00 46,500.00 4,000.00 23,337.00 8,200.00 200.00 1,000.00 1,000.00

176

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment
Beginning Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED)

$

$

750.00

$

750.00 $

Nematology Shop
Car Shed Main Barn Superintendent's Dwelling

1,600.00
6 ,000.00
4.000. 00 100.00

1,600.00
6 ,000.00 4 ,000.00
100.00

Weather Bureau House

500.00

Horticulture Barn Employee's Cottage Employee's Cottage

500.00
2 .000. 00 2 , 100.00

2 ,0 0 0 .0 0 2 ,100.00
2.150.00

Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage

2.150.00
2 . 100.00 2 , 000.00 2 , 000.00 7.650.00

2 .1 0 0 .0 0 2 ,0 0 0 .0 0 2 ,0 0 0 .0 0
7.650.00

Gin and Seedhouse

3.000. 00

3.000. 00

Potato Curing House

3.500.00

Seed Drying House Seed Cleaning House

.3.500.00
1 200.00

1.200.00
3.400.00

Tobacco Packhouse Tobacco Fertilizer House Tobacco Curing Barn, Steel Tobacco Curing Barn Tobacco Curing Barn

3.400.00 850.00 200.00 300.00 300.00

850.00 200.00 300.00 300.00 300.00

Tobacco Curing Barn Tobacco Curing Barn Tobacco Curing Barn Employee's Cottage Tobacco Pathology Packhouse Soils Laboratory Employee's Cottage

1949

300.00 300.00 500.00 1.500.00 300.00 1,800.00 800.00 600.00

300.00 500.00 1.500.00 300.00 1.800.00 800.00 600.00

Employee's Cottage Employee's Cottage Horticulture Main Barn Employee's Cottage

500.00 4.200.00
400.00 400.00

500.00 4 ,2 0 0 .0 0
400.00
400.00

Grass Breeding Barn

50.00

50.00

Pump House

400.00

400.00

Garage Employee's Cottage Employee's Cottage Fertilizer Barn Agronomy Barns, 3@ $4,000 Shed and Storage Barn Agronomy Storage Barn Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage

2 ,000.00 2 ,000.00
1, 000.00
12.000. 00 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

2 ,0 0 0 .0 0 2 ,0 0 0 .0 0 1,000.00 12.000. 00 2 ,0 0 0 .0 0
1, 000.00
650.00
2,800.00
1.500.00
2.800.00
3 ,000.00
33,000.00

Dairy and Dairy Barn

177

UNIVERSITY CF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT CF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

B. BUILDINGS (CONTINUED)

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 Machine Shed

1956

Animal Husbandry Cow Barn

Animal Husbandry Feed and Mill House

Animal Husbandry Cow Barn

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

1956

Employee's Cottage*

1956

Employee's Cottage

1956

Animal Disease Laboratory

Pump House

Animal Disease Isolation House

1954

Animal Disease Small An. House

Animal Diseasb Feed House

Employee's Cottage

Employee's Cottage

Employee's Cottages, 3@$2,000

Employee's Cottage

Garage and Barn

Storage Barn

Hog Farrowing House

1951

Cow and Storage Barn

Main Employee's Cottage

Cook County

Employee's Cottage Barn Shed Berrien County Shed Shed (Old Still)

1938 1941

Investment Beginning
Of Year

Additions Deductions

Investment End of Year

400.00 $

$

$

400.00

200.00

200.00

200.00

200.00

1, 000.00

1 ,0 0 0 .0 0

1, 000.00

1 ,0 0 0 .0 0

4.000. 00
200.00 8 . 000. 00 1, 000.00
200.00 1, 000.00

4.000. 00
200.00 8 . 000. 00 1,000.00
200.00
1, 000.00

2 ,000.00

3.276.88

3.276.88
2 ,000.00

2,800.00

2,800.00

3.000. 00

3.000. 00

400.00
1. 000. 00
200.00 200.00

200.00 200.00

400.00 1 .0 0 0 . 00

4.122.88

4.122.88

1.349.67

1.349.67

1.349.67

1.349.67

71,680.74
200.00

71,680.74 200.00

28,880.84 1,057.11**

29,937.95

1,800.00

1,800.00

300.00 1, 000.00

300.00
1,000.00

2,800.00
6 , 000.00

2,800.00 6 , 000.00

3.300.00
100.00

3.300.00 100.00

500.00

500.00

.2.500.00
1 200.00

2.500.00
.1 2 0 0 .0 0

2.500.00

2.500.00

2.500.00
400.00
100.00

2.500.00
400.00
100.00

300.00 400.00

300.00 400.00

*Under Construction.
Included in College Experiment Station Expenditures 1954-55-Transferred from Colleqe Station, 1955-56.

178

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATIONS
STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning Of Year

Additions Deductions

Investment End of Year

B. BUILDINGS (CONTINUED)

Berrien County (Continued)

Shed (Pump House)

Employee"s Cottage

Main Dwelling

Barn

Corn Cob

Employee's Cottage

Barn

Barn and Shed

Commissary Building

Decatur County

Office and 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 Cottage, 3@$250

Employee's Cottages, 3@$200

Machine Shed, 86x36'

Tobacco Curing Barn, 40x120*

Miscellaneous Buildings

TOTAL BUILDINGS

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

$ 300.00

$

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 4.732.13

$ 739.863.09 $19.659.21 $ 400.00 $ 759.122.30

C. EQUIPMENT Administration Bldg. (Bldg. Auth.) Administration & General Physical Plant Library Research
TOTAL EQUIPMENT

$

580.31 $ 6,561.36

9,346.15

904.50

4,715.71

1,500.00

15,991.08 1,611.04

277.158.33 13.483.35

$ 7,141.67

10,250.65

767.71

5,448.00

17,602.12

2.154.00

288.487.68

$ 307.791.58 $24,060.25 $ 2.921.71 $-- 328,930.12

TOTAL INVESTMENT IN PLANT

$1,232,330.07 $43.719.46 $ 3.321.71 $1,272,727.82

179

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, 1956

Georgia Institute of Technology Atlanta, Georgia

181

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET JUNE 30, 1956

ASSETS

CURRENT FUNDS

A. GENERAL

Cash in Bank Imprest Cash Utilities Deposit, So. Tech. Inst. U.S. Government Bonds Accounts Receivable

$498,991.68 35,300.00 3,000.00 40,301.79

Veteran Administration

$ 13,476.03

Other-Army, Navy, Etc. TOTAL GENERAL FUNDS

-_w.'t*'V ^
$ 617,092.20

ENGINEERING EXPERIMENT STATION Cash in Bank Imprest Cash Accounts Receivable
GTRI Projects Other Research Contracts Miscellaneous
TOTAL ENG. EXP. STATION

$129,794.07 11,736.21 14.325.59

$ 30,207.62 200.00
155.855.87

186,263.49

C. RESTRICTED Cash in Bank

197,783.39

D. AUXILIARY Cash in Bank Imprest Cash Accounts Receivable Veteran Administration Other, Army, AA, Etc. Stores (Inventories) Bookstore Dining Halls Military Uniforms TOTAL AUXILIARY

$303,255.84 5,169.00

$ 2,275.84 5.959.76

8,235.60

$130,018.86 19,449.82 2.126.97

151.595.65

468,256.09

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank

$ 1,469,395.17 -v
358,826.81

III.

ENDOWMENT FUNDS Cash in Bank Investments
Georgia Tech Building Real Estate WGST Radio Station Stocks, Preferred Stocks, Common U.S. Securities Georgia Tech Bonds University System Building Authority State Hospital Building Authority Notes Receivable - Student
TOTAL ENDOWMENT FUNDS

$ 60,677.65

$174,773.16

76,246.09

4,915.58

6,547.50

31.194.00

92.400.00

181,000.00

629,000.00

25,000.00

id

2,013.03 1,223,089.36

1,283,767.01

182

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET JUNE 30, 1956
LIABILITIES

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

$ 36,984.71 17,180.86
261,504.75 301,421.88

TOTAL GENERAL
B. ENGINEERING EXPERIMENT STATION Purchase Orders Outstanding Reserve for Industrial Development Research Surplus

$ 617,092.20
$ 44,789.11 50,000.00 91,474.38

TOTAL ENGINEERING EXPERIMENT STATION
C. RESTRICTED Fund Balance
D. AUXILIARY Accounts Payable Unearned Income Reserve for Stores (Inventories) Surplus

$

6,384.48

76,103.40

151,595.65

234,172.56

186,263.49 197,783.39

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

468.256.09 $ 1,469,395.17
358,826.81

III. ENDOWMENT FUNDS Fund Balance
183

1,283,767.01

GEORGIA INSTITUTE OF TECHNOLOGY

ASSETS (CONTINUED)

BALANCE SHEET JUNE 30, 1956

IV. STUDENT LOANS Cash in Bank Notes Receivable - Student Investments U. S. Securities University System Building Authority TOTAL STUDENT LOANS

$ 45,947.24 38,339.78

$ 27,050.00 23.000.00

50.050,00 $ 134,337.02

V. PLANT FUNDS A. UNEXPENDED Cash in Bank U. S. Government Bonds TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED

$ 679,740.25 562.570.72 $ 1,242,310.97

$ 1,443,665.92 13,942,110.31

2,236,522.36 7.288.904.74

24.911.203.33

TOTAL PLANT FUNDS

26.153.514.30

TOTAL ASSETS

$29.399.840.31

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $19,336,500.

184

LIABILITIES (CONTINUED) IV. STUDENT LOANS

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET JUNE 30, 1956

Fund Balance
V. PLANT FUND A. UNEXPENDED Reserve for Bond Sinking Fund Reserve for Callaway No. 1 Fund Balance
B. EXPENDED Due to Endowment Funds Bonds Payable Equity Univ. System Bldg. Authority Invested in Plant TOTAL EXPENDED
TOTAL PLANT FUND
TOTAL LIABILITIES

$ 134,337.02

$ 256,257.56 13,336.98
972.716.43 $ 1,242,310.97

$ 174,773.16 2,130,000.00 3,514,646.72
19.091.783.45

24.911.203.33

26.153.514.30

$29.399.840.31

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF INCOME For Year Ended June 30, 1956

Educational & General

General

Restricted

Experiment

Station

Auxiliary

Plant

Student Aid

Total

INCOME

Student Fees

$2,516,717.96

Public Appropriations

State of Georgia

1,798,400.00

Other

Endowment

13,699.85

Gifts & Grants

50.00

Sales & Services

Research Contract

Overhead

151,809.09

Bookstore

Dormitories

Apartments

Dining Halls

Residential Property

Student Bank

Military Uniforms

Other

22,538.52

$
27,138.95 87.50
41,22 090

$ 205,520.00 6,311.36
1,635,425.22

$
694,130.68 374,894.20 294,281.95 715,386.32
24,022.53 2,260.48
78,900.37 6,209.92

$ 646,747.99 73,332.44 501.50
12,978.34

$
15,955.65 209,799.65

$2,516,717.96
2,650,667.99 100,471.39 36,054.36 251,672.55
1,635,926.72
151,809.09 694,120.o8 374,894.20 294,281.95 715,386.32
24,022.53 2,260.48
78,900.37 41,726.78

TOTAL INCOME

$4,503,215.42 $69,049.35 $1,847,256.58 $2,,190.086.45 $733,560.27 $225,755.30 $9,568,923.37

186

& Sr *

187

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF EXPENDITURES For Year Ended June 30, 1956

Educational & General
General-------- Restricted

Experiment

Station

Auxiliary

B. EXPENDITURES
EDUCATIONAL & GENERAL

Administrative &

General

$ 310,842.04 $

$

$

Student Welfare

141,473.04

Plant Operations Library Instruction

565,857.29 200,061.34 2,229,023.01

10,837.48 35,219.12

Research Extension

1,299.89 619,917.74 27,138.95

ENGINEERING EXPERIMENT STATION
GTRI Projects Other Sponsored
Research Services to Georgia
Tech Cooperative Research Station Supported
Research Term. - Cont. -
Disallowances Administrative Exp. Divisional Expense Service Groups
General & Misc.
Vacation Adjustment

1,169,625.25
22,526.04
4.968.54 37,969.80
64,683.37
6.418.54 95,023.45 153,794.14 192,812.63 185,705.73 (-)2,544.15

Plant $

St"f nt Aid

Total i0tai

$ 310,842.04 141,473.04 565,857.29 210,898.82
2,264,242.13 1,299.89
647,056.69
1,169,625.25
22,526.04
4.968.54 37,969.80
64,683.37
6.418.54 95,023.45 153,794.14 192,812.63 185,705.73 (-)2,544.15

SUMMARY OF EXPENDITURES (CONTINUED)

GEORGIA INSTITUTE OF TECHNOLOGY

Educational & General

General

Restricted

Experiment Station Auxiliary

Plant

Student Aid

Total

EXPENDITURES (CONT.)

AUXILIARY ENTERPRISES

Bookstore

$

Dormitories

Apartments

Dining Halls

Residential Propert;y Military Uniforms

Student Bank

YMCA Camp

Misc. & General

PLANT Plant Additions Indebtedness Retired Interest on Indebtedness Other

$

$

$ 652,675.92 $

$

216,737.22

148,176.85

642,566.24

4,209.17

78,578.02

3,230.34

300.00

19,043.33

353,434.26
197,102.88
54,538.31 1,890.81

$ 652,675.92 216,737.22 148,176.85 642,566.24 4,209.17 78,578.02 3,230.34 300.00 19,043.33
353,434.26
197,102.88
54,538.31 1,890.81

OTHER NON-EDUCATIONAL Fellowships Scholarships Prizes

46,483.72 151,553.85
117.09

46,483.72 151,553.85
117.09

$4,068,474.35 $73,195.55 $1,930,983.34 $1,,765.517.09 $606,966.26 $198,154.66 $8,643,291.25

188



GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

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
ENDOWMENT Julius L. Brown Josephine Cloudman Dr. Lloyd C. Daniels Forrester-McRae-Rankin Edmund Magers Broadus E. Willingham TOTAL ENDOWMENT
GIFTS AND GRANTS Apple, Lee S. Baker, A. W. Barnette, William W. Barnwell, J. H. Bloodworth, William H. Bolt, Jack E. Branch, William Harris Brearley, Harrington C., Jr. Bunger, -J. W. Burke, Clarence E. Byrd, Lucid L. Clark, Robert Allen Cleveland, Mimms I.

General Income

Restricted Income

Total

$ 757,816.69 $ 838,966.60 119,373.90 221,384.03 9,343.16
72,930.41 232,874.77
4,904.00
48,960.66 196,401.39 ' 8,041.14
5.721.21 $2.516.717.96 $

$ 757,816.69 838,966.60 119,373.90 221,384.03 9,343.16
72,930.41 232,874.77
4,904.00
48,960.66 196,401.39
8,041.14 5.721.21 $2.516.717.96

$1,798,400.00 $

$1,798,400.00

$1.798.400.00

12,554.67 14.584.28 $27.138.95

12,554.67 14.584.28 $1.825.538.95

$ 9,284.67 $ 4,354.66
58.80 1.72
$ 13.699.85 $

$ 62.50
25.00 87.50 $

9,284.67 4,354.66
62.50 58.80
1.72 25.00 13.787.35

10.00 $ 25.00 10.00 25.00 30.00 10.00 25.00 10.00 25.00 125.00 10.00 250.00 15.00

10.00 25.00 10.00 25.00 30.00 10.00 25.00 10.00 25.00 125.00 10.00 250.00 15.00

189

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) GIFTS AND GRANTS (CONTINUED) Coggin, J. T. Damioli, Bruno Deas, Alvin R. DeSoi, William F. Doud, Edward Edwards, Thomas Albright Elliott, Marvel A. Elrod, James L. Fancher, Charles E. Flowers, Robert B. Fontain, Charles B.t Jr. Fouts, John M. Garrett, James D. General Dynamics Corporation General Education Board
General Electric Educational & Charitable Fund
Georgia Blue Print Georgia Tech Club of N. Y. Hardy, Samuel G., Jr. Hill, Thomas L. Hilley, R. D. Howell, Edwin H., Sr. Gina, William S. Johnston, James F., Jr. Jones, Leslie M. Koelliker, Ernest B. Kyper, Daniel C., Jr. Levy, Morton H. Moncrief, Lloyd Edwin Moses, James H. Mount, Eldridge M. Neblett, Robert S. Orear, Edward R. Paden, Robert S. Panagos, Victor A. Parris, Holton R; Phillips, Gerard D. Powell, Oliver Y., Jr. Raczynski, Walter J. Rowan, James T. Scarbrough, Harry E. Sturgis, Ernest T. Trusse11, James I.
TOTAL GIFTS AND GRANTS
OTHER SOURCES Research Contract Overhead General and Miscellaneous
TOTAL OTHER SOURCES

General

Restricted

Income_________ Income ____ Total

$
i____

$ 10.00 $ 20.00 10.00 5.00 10.00
25.00
25.00 100.00 25.00 20.00 50.00 50.00
25.00 2 , 500.00 35, 000.00 1, 476.00 50.00
865.90 10.00 10.00 25.00
100.00
250.00 5.00
14.00 10.00 100.00
250.00 12.00 25.00 10.00 30.00
50.00 25.00 10.00 10.00 25.00 10.00
10.00 5.00
25.00 5.00 10.00
50.00 $41. 822.90 $

10.00
20.00 10.00 5.00 10.00 25.00 25.00
100.00 25.00 20.00 50.00 50.00
25.00 2 , 500.00 35, 000.00 1, 476.00
50.00 865.90
10.00
10.00 25.00 100.00
250.00 5.00
14.00 10.00 100.00 250.00 12.00 25.00 10.00 30.00 50.00 25.00
10.00 10.00 25.00 10.00 10.00 5.00
25.00 5.00 10.00
41. 872.90

$ 151, 809.09 $ 22. 538.52

$ 151, 809.09 22. 538.52

$ 174, 347.61 $___________ $ 174. 347.61

190

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total

A. EDUCATIONAL AND GENERAL (CONTINUED) TOTAL EDUCATIONAL AND GENERAL INCOME

$4.503.215,42 $69.049.35 $4.572.264.77

TRANSFERS From Plant Fund
TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$

1.045..47 J>__________ $

1.045.47

$4.504.260.89 $69.049.35 $4.573,310.24

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

$1,069,388.88 $ 12,369.95

$1,069,388.88 12,369.95

1,380.64

1,380.64

37.969.80

37.969.80

$1/121.109.27 $

.

$1.121.109.27

INCOME FOR INDIRECT EXPENDITURES
AND STATION SUPPORTED RESEARCH

Georgia Tech Research Institute - Contracts Other Sponsored Research Services to Georgia Tech Cooperative Research Service Groups

$ 353,845.95 $ 13,841.58 2,056.80 8,861.19 25,125.37

$ 353,845.95 13,841.58 2,056.80 8,861.19 25,125.37

Miscellaneous Income GTRI - Lockheed GTRI - Computer Center Ga. Tech Alumni Found-Computer Center

63,438.11 30,146.95 17,000.00

63,438.11 30,146.95 17,000.00

Endowment Income Daniel Guggenheim Philip R. Lamar Louis Wellhouse
Public Appropriations - State of Ga. - Operations

5,519.53 730.00 61.83
205.520.00

5,519.53 730.00 61.83
205.520.00

>

TOTAL INCOME FOR INDIRECT EXPENDITURES AND

STATION SUPPORTED RESEARCH

$ 726.147.31 $

$ 726.147.31

TOTAL EXPERIMENT STATION INCOME

$1.847.256.58 $ ... .

$1.847.256.58

TRANSFER FROM:

Plant Funds

*

General Funds

TOTAL TRANSFERS

$

114.59 $

151.809.09

$ 151.923.68 $ ...

$

114.59

151.809.09

$ 151.923.68

TOTAL ENGINEERING EXPERIMENT STATION RECEIPTS

$1.999.180.26 $ ...

$1.999.180.26

191

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

C. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman Girls Residence Hall 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
YMCA CAMP INCOME
OTHER
TOTAL AUXILIARY ENTERPRISE INCOME
TRANSFERS FROM: Agency Funds Plant Fund TOTAL TRANSFERS
TOTAL AUXILIARY ENTERPRISE RECEIPTS
192

General Income

Restricted Income

Total

1 694. 130.68 $

$ 694. 130.68

$ 15, 929.98 $ 18, 099.20 2 , 395.00 70, 806.11 17, 274.91
28, 494.78 21, 489.03 66, 481.40 37, 596.26 46, 004.43 50. 323.10
L . 374. 894.20 . $ .

$ 15, 929.98 18, 099.20 2, 395.00 70, 806.11
17, 274.91 28, 494.78
21, 489.03 66, 481.40 37, 596.26 46, 004.43 50. 323.10 $ 374. 894.20

$ 52, 338.74 $ 130, 943.64 6 , 063.31
104. 936.26
$ 294. 281.95 ...$.

$ 52, 338.74 130, 943.64 6 , 063.31
104. 936.26 $ 294. 281.95

$ 378, 329.21 $ 116, 546.97
220. 510.14
i_ 715. 386.32 .$

$ 378, 329.21 116, 546.97
220. 510.14 $ 715. 386.32

$ 11, 594.48 $ 12. 428.05
$ 24. 022.53 $
$ 2 . 260.48 _$.

$ 11, 594.48 12. 428.05
$ 24. 022.53
$ 2 . 260.48

1 _ 78. 900.37 $ 179.27 _$
i_ 6 . 030.65 $ 190. 086.45 J>

$ 78. 900.37

$

179.27

$ 6 . 030.65

$2 . 190. 086.45

$ 3 , 769.81 $ 400.00
i_ 4 . 169.81 .$
194. 256.26 $

$ 3 , 769.81 400.00
$ 4 . 169.81
_______ 2, 194. 256.26

GEORGIA INST ITDTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

D. STUDENT AID

ENDOWMENT

Architects Alumni Prize Fund

$

Batson Fund

The John P. Homes Scholarship
Honoring Ben Z. & Sallie P. Holmes

Lowry Fund Martin Aircraft Scholarship Fund
Silent Hoist & Crane Co. Materials Handling Prize

Stark Patterson Fund

TOTAL ENDOWMENT

$

GIFTS AND GRANTS

Alexander-Tharp Scholarship Fund, Inc.

$

Aluminum Company of America

Alumni Club of Nashville

American Brake Shoe Co.

American Cyanamid Company

American Enka Corporation

American Institute of Steel Construction, Inc.

American Viscose Corporation

Amvets National Science Foundation

Anonymous Gifts

Armco Foundation

Atlanta Gas Light Company

E. T. Barwick Foundation

Bay Shore Community Aid Fund

Alfred Bettmen Foundation

Borden Company Foundation, Inc.

Bronxville Board of Education

Burlington Industries Foundation

Callaway Educational Association

Camp Foundation

Coats and Clark, Inc.

Coca-Cola Company

Columbia Southern Company

Combustion Engineering Inc.

H. Dale Critz Foundation, Inc.

The Crossett Company

The Charles E. Culpaper Foundation, Inc.

Douglas Aircraft Company Inc.

The Dow Chemical Company

Ethyl Corporation

Ford Motor Company Fund

Fort Lauderdale News

John G. Frazier, Jr.

Future Farmers of America

The Gaylord Foundation

Georgia Blue Print Company

Restricted Income

Total

$

16.37 $

354.18

225.00 13,256.78
865.82 150.00 1.087.50 $ 15.955.65 $

16.37 354.18
225.00 13,256.78
865.82 150.00 1.087.50 15.955.65

$ 33,253.39 $ 2,500.00 550.47 1,000.00 900.00 2,800.01 550.00 3,300.00 500.00 2,747.34 2,400.00 1,080.00 1,000.00 300.00 600.00 1,000.00 500.00 1,000.00 4,250.00 1,005.00 1,000.00 500.00 1,000.00 800.00 1,750.00 1,300.00 616.50 1,500.00 5,500.00 2,232.50 208.70 750.00 250.00 180.00 1,000.00 117.09

33,253.39 2,500.00 550.47 1,000.00 900.00 2,800.01 550.00 3,300.00 500.00 2,747.34 2,400.00 1,080.00 1,000.00 300.00 600.00 1,000.00 500.00 1,000.00 4,250.00 1,005.00 1,000.00 500.00 1,000.00 800.00 1,750.00 1,300.00 616.50 1,500.00 5,500.00 2,232.50 208.70 750.00 250.00 180.00 1,000.00 117.09

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

D. STUDENT AID (CONTINUED) GIFTS AND GRANTS (CONTINUED) Georgia Tech Club of Augusta Georgia Tech Sch. Fund of Birmingham Ga. Tech So. Texas Alumni Sch. Fund General Electric Company General Motors Company C. M. Gooch Foundation Greater Atlanta, Ga. Tech Club Grumman Aircraft Engineering Corporation Wm. P. Heath Sch. Fund Hercules Poweder Company Holeproof Hosiery Company Holiday Isles Civitan Club John Jay Hopkins Hawthorne School of Aeronautics Houston Endowment Inc. Humble Oil Company Hydricks Memorial Fund The Ireland Foundation Inc. Harry E. Johnson Research Fellowship The Keever Starch Company Knox Foundation Inc. Lockheed Leadership Fund Charles Loridans Foundation Inc. McLendon Scholarship Fund The Mead Corporation
The Arthur H. Merry & Ernest B. Merry Found.
Monsanto Chemical Company National Science Foundation New Port News Shipbuilding Company Found. Qxon Hill Lions Club Patterson and DeWar Company Phillips Petroleum Company Sam R. Phillips Procon, Inc. The Pure Oil Company Research Corporation Remington Rand Inc. Rhodes Fund Benj. Dewitt Reigel Memorial Fund Robert and Company Rossville Memorial Center Rotary Club of St. Andrews Schlumberger Foundation Sears Roebuck Foundation Shell Oil Company Shepard Broad J. Waldo Smith Socony-Vacuum Oil Company

General

Restricted

Income_________ Income

Total

3 5 0 .0 0 $;

350.00

1, 800.00

1, 800.00

600.00

600.00

750.00

750.00

4 , 000.00

4 , 000.00

400.00

400.00

2 , 400.00

2 , 400.00

500.00

500.00

( - ) 5.00

( " )5.00

2 , 500.00

2 , 500.00

800.00

800.00

250.00

250.00

500.00

500.00

500.00

500.00

1, 000.00

1, 000.00

1, 900.00

1, 900.00

100.00

100.00

600.00

600.00

( - ) 18.60

(-0 1 8 .6 0

400.00

400.00

400.00

400.00

3 , 643.84

3 , 643.84

1, 340.00

1, 340.00

500.00

500.00

250.00

250.00

350.00

350.00

1, 000.00

1, 000.00

28, 600.00

28, 600.00

530.50

530.50

250.00

250.00

400.00

400.00

2, 400.00

2 , 400.00

400.00

400.00

1, 000.00

1, 000.00

500.00

500.00

5 , 400.00

5 , 400.00

3 , 500.00

3 , 500.00

6 , 000.00

6 , 000.00

322.13

322.13

1, 200.00

1, 200.00

2 , 250.00

2 , 250.00

200.00

200.00

5 , 000.00

5 , 000.00

500.00

500.00

2, 516.50

2 , 516.50

300.00

300.00

138.53

138.53

2, 500.00

2 , 500.00

194

GEORGIA INSTITUTE OF TECK LOGY STATMENI OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total

D. STUDENT AID (CONTINUED)

GIFTS AND GRANTS (CONTINUED)

Square "D" Company

Albert Staton

h

T. Earl Stribling Memorial Textile Fund

Tennessee Eastman Company

Textile Education Foundation

Textron Foundation

Tithers, Inc.

The Trane Company

United Daughters of the Confederancy

Union Bag and Paper Corporation

Union Carbide and Carbon Corporation

United States Steel Foundation Inc.

Universal Oil Products Company

The Vanneck Foundation
W & L Food Stores Foundation

G. Mote Williams Foundation

Women's Chamber of Commerce

R. W. Woodruff

Seydel Woolley Foundation

TOTAL GIFTS AND GRANTS

TOTAL STUDENT AID

TOTAL CURRENT INCOME

TOTAL TRANSFERS

TOTAL CURRENT RECEIPTS

$

$ 1, 000.00 1, 500.00

4 , 949.61

3 , 016.50

7 , 766.64

500.00

200.00

500.00

100.00

9 , 000.00

816.50

6 , 000.00

1, 000.00

1, 116.50

125.00

1, 000.00

300.00

500.00

250.00

$

$209. 799.65

$

$225. 755.30

$8 . 540. 558.45 $294. 804.65

$ 1, 000.00 1, 500.00 4 , 949.61 3 , 016.50 7 , 766.64 500.00 200.00 500.00 100.00 9 , 000.00 816.50 6 , 000.00 1, 000.00 1, 116.50 125.00 1, 000.00 300.00 500.00 250.00
209. 799.65
$ 225. 755.30
$8 . 835. 363.10

157. 138.96

$8 . 697. 697,41





195

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Salaries

Fund Classification

and

General

Restricted ^^^JWa^es^

Object Classification

Operating

Supplies

& Expense

Equipment

A. EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
President's Office Exec. Dean's Office Registrar's Office Controller's Office Public Relations General Admin. Alumni Office Vice Pres. Office
TOTAL ADM. & GEN.

26,671.00 $ 2,884.71
74,961.68 87,729.75 14,893.85 93,348.49
9,721.60 630.96
310.842.04 $

$ 26,671.00 $ 2,884.71
56,330.87 87,729.75 14,046.92 12,996.27
9,221.60 ________630.96 $210.512.08 $

16,881.16

1,749.65

804.74 80,352.22
500.00

42.19

98.538.12 $ 1.791.84

STUDENT WELFARE Infirmary YMCA Dean of Students TOTAL STU. WELFARE

81,839.57 8,444.62
51.188.85 $ 141.473.04 S

65,98f.05 $ 8,444.62
48.969.63 $123.395.30 $

15,508.52 $
2.219.22 17.727.74 $

350.00 350.00

PLANT OPERATIONS Bldgs. & Grounds Power Plant Educ. Plant TOTAL PLANT OPER.

382,259.86 146,594.56 37.002.87
1 565.857.29 JL

317,924.88

64,269.42

39,593.06

106,989.50

3.233.34

32.881.27

$360.751.28 $ 204.140.19 $

65.56 12.00 888.26 965.82

LIBRARY

-- 2QQ.061.34 $ 10,837.48 $ 136.890.27 $ 7.315.37 $ 66.693.18

INSTRUCTION ENGINEERING COLLEGE
Dean's Office Aero Engineering Architecture Ceramic Chemical Engr. Civil Engr. Electrical Engr. Engr. Draw. & Mech. Industrial Engr. Mechnical Engr. Textile Engr.
TOTAL ENGR. SCHOOL

17,203.80 $ 44,079.48

$ 15,049.80 $ 40,292.99

124,739.32 35,209.37

142,567.22

37,447.11

35,133.74

69,509.22

60,743.69

131,220.71

106,474.12

153,155.46

141,583.14

128,407.56

126,226.02

76,734.47

71,370.36

150,807.85

144,705.05

66.754.48

61.579.32

000.059.46 $ 35.209.37 $ 945.725.45 $

1,172.67 2,235.73 9,381.42 1,780.54 5,166.53 11,230.80 4,335.76
768.54 4,083.09 6,015.35 3.566.67 49.737.10

$ 981.33 1,550.76 8,000.05 532.83 3,599.00
13,515.79 7,236.56 1,413.00 1,281.02 87.45 1.608.49
$ 39.806.28

GENERAL COLLEGE Dean's Office Chemistry English Ind. Management Mathematics

$ 15,356.31 $ 187,190.60 142,710.53 124,746.70 179,553.92

$ 14,762.65

9.75

157,682.39

139,365.76

122,225.74

177,031.02

365.66 20,137.09
2,137.20 1,928.41 1,959.17

$ 228.00 9,380.87 1,207.57 592.55 563.73

196

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Salaries and
Wages

Operating Supplies
& Expense

Eguipment

EDUC. & GENERAL (CONT.)

GENERAL COLLEGE (CONT.)

Modern Languages Music

$ 30,533.70 $ 12,658.99

Physical Training

53,457.51

Physics

133,214.45

Psychology

24,890.22

Public Health

18,251.38

Social Science

53.055.90 :$ 975.620.21 $

$ 29,999.76 $ 10,726.65 46,429.36
118,234.74 22,619.49 17,581.14 51.119.14
9.75 $ 907.777.84 $

264.54 754.45 7,028.15 9,490.58 1,299.84 487.74 937.95 46.790.78

$ 269.40 1,177.89
5,489.13 970.89 182.50 998.81
$ 21.061.34

MISCELLANEOUS INSTRUCTIONI

Dean of Faculties

$ 14,030.65 $

Co-op

20,264.14

Graduate Division

37,420.13

Army ROTC

6,378,41

Air ROTC

6,222.36

Naval Science

3,100.60

Summer School

165.927.05

TOTAL MISC. INSTR. $ 253.343.34 $

$ 13,037.89 $ 18,244.63 34,895.09 5,341.58 5,010.85 2,913.36
165.927.05 $ 245.370.45 $

895.28 $ 1,350.81 2,426.17
850.66 442.46 187.24

97.48 668.70
98.87 186.17 769.05

6.152.62 J L 1.820.27

TOTAL INSTRUCTION

$2.229.023.01 $ 35.219.12 $2.098.873.74 $ 102.680.50 $ 62.687.89

RESEARCH General

$ 1.299.89 $

$

$

1.238.82

61.07

EXTENSION Administrative Evening School Short Courses Industrial Educ. Sou. Tech. Inst. TOTAL EXTENSION

$ 21,930.25 $ 198,461.89

$ 21,579.88 $ 192,946.77

39,560.78

31,307.96

1,630.87 27,138.95

26,184.00

358.333.95

2 % . 520.14

$ 619.917.74 $ 27.138.95 $ 568.538.75 $

350.37 3,810.41 3,961.27 2,245.71 38.610.56 48.978.32

$ 1,704.71 4,291.55 340.11
23.203.25 $ 29.539.62

TOTAL EDUC. AND GENERAL EXPENDITURES $4.068.474.35 $ 73.195.55 $3.498.961.42 $ 480.619.06 $162.089.42

TRANSFERS TO: Eng. Exp. Sta. Plant Funds TOTAL TRANSFERS

151,809.09 110.525.00 $ 262.334.09

TOTAL EDUC. AND GENERAL

DISBURSEMENTS

$4.330.808.44

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense

Equipment

ENGINEERING EXPERIMENT STATION

GTRI-Projects Other Sponsored

$1 ,169,625.25 $

Research Services to Ga. Tech Cooperative Res. Sta. Spons. Res. Term.-Cont.-Disal.

22,526.04 4,968.54
37,969.80 64,683.37
6,418.54

Admin. Expense

95,023.45

Divisional Exp.

153,794.14

Service Group
General & Misc.

192,812.63 185,705.73

Vacation Adj. TOTAL EXP. STA.

(->2.544.15

EXPENDITURES

$1,930,983.34 $

$ 967,890.46 $ 201,734.79 $

19,974.24 2,731.14 18,284.14 58,754.55 5,717.52
48,928.19 112,606.99 152,294.87
67,892.80 (->2.544.15

2,551.80 2,237.40 5,930.93 5,768.35
701.02 3,361.15 12,891.03 28,987.77 66,120.18

13,754.73 160.47
42,734.11 28,296.12 11,529.99 51,692.75

$1,452,530.75 $ 330.284.42 $148,168.17

AUXILIARY ENTERPRISES BOOKSTORE

$ 652.675.92 $ ......... $ 87.019.19 $ 552.424.92 $ 13.231.81

DORMITORIES Brown Cloudman G i r l 's Glenn Harris Harrison Howell Smith Tech. Inst. Techwood Towers TOTAL DORMITORIES

$ 9,810.98 $ 10,679.13 2,807.97 28,575.08 10,548.90 14,292.90 12,202.76 28,490.50 34,317.66 42,965.87 22.045.47
$ 216.737.22 $

$ 7,191.94 $ 7,197.08 2,032.47
19,983.23 7,465.56 9,665.57 8,444.61
19,514.59 23,292.60 23,977.68 15.955.64 $ 144.720.97 $

2,619.04 3,482.05
775.50 8,591.85 3,083.34 4,627.33 3,758.15 8,975.91 8,952.66 18,988.19 6.089.83 69.943.85

$
2,072.40 $ 2.072.40

APARTMENTS Burge Callaway Callaway No. 1 Lawson TOTAL APARTMENTS

$ 23,042.92 $ 44,007.74 1,343.42 79.782.77
$ 148.176.85 $

$ 10,415.61 $ 12,627.31 $

21,975.89

22,031.85

385.70

957.72

41.519.61

35.853.90

2.409.26

$ 74.296.81 $ 71.470.78 $ 2.409.26

DINING HALLS Brittain Tech. Inst. Bradley TOTAL DINING HALLS

$ 350,804.21 $ 106,418.03 185.344.00
$ 642.566.24 $ .......

$ 131,281.73 $ 220,123.48 $ (->601.00

38,837.72

67,580.31

62.428.45

122.512.60

402.95

$ 232.547.90 $ 410.216.39 $ (->198.05

RESIDENTIAL PROPERTY
Regular Trust Fund Property
TOTAL RES. PROPT.

$

1,475.43 $

2.733.74

$ 4.209.17 $

$ 1,002.31 $ _ 1.326.83
$ 2,329.14 JL

473.12 $
1,406.91 1.880.03 $

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

___________ Object Classification______

Salaries

Operating

and Wages

Supplies & Expense

Equipment

C. AUXILIARY ENTERPRISES (CONT.)

MILITARY UNIFORMS

$ 78-578.02 $____________ $

3,282.92-- $---75,2 9 5 00-- $--------

STUDENT BANK

$ 3,230.34 $____________ $--- 3,230.34-- ------------ -J------ --

MISC. & GENERAL
General Expense

$ 19,043.33 $

Q1 . ________ $-- 11 072.52-- $-- 1-- --- :-----------------

YMCA CAMP

$______ 300.00 $____________ $------300.00 ,.$

--- I-- -- - -------

TOTAL AUX. ENTERPRISES Si.765.517.09 $____________ $ 559,399..79 $1,188,601.88 $ 17,515.42

TRANSFERS TO: Plant Funds
TOTAL AUX. DISBUR.
D. STUDENT AID Fellowships Scholarships Prizes TOTAL STU. AID
TOTAL CURRENT EXPEND.

337,030.81 $2.102.547.90

$
$ $7.764.974.78

$ 46,483.72 151,553.85 117.09
$198.154.66
$271.350.21

$ 46,483.72 151,553.85 117.09
$ 198.154.66
$5.709.046.62

$
$ $1.999.505.36

$
$ $327.773.01

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL GIFTS AND GRANTS Dr. Chas. W. Thomas-Chem. F. Graham Williams-Arch. Gen. Electric Corp. Alumni Fund-EE Ga. Tech Club of N.Y.-Library Gen. Edu. Board - Arch. T. C. Longino - Library Mrs. Rhodes Perdue - Library Mrs. Mary Howard Gilbert - Library General Dynamics Corp. Morton H. Levy - Arch. TOTAL GIFTS AND GRANTS

Balance Beginning Of Year

Receipts For
Year

Disburse ments
For Year

Balance End of
Year

$

9.75

209.37

261.00

250.00

100.00 1,000.00 50,000.00

$ 51.830.12

$ 3,207.00 865.90 35,000.00
2,500.00 250.00
$ 41.822.90

$

9.75

209.37

318.58 35,000.00
100.00 1,000.00 9,067.19

$ 45.704.89

$ 3,468.00 797.32
40,932.81 2,500.00 250.00
$ 47.948.13

199

GEORGIA INSTITDTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) PUBLIC APPROPRIATIONS Vocational Funds
TRANSFERS FROM GENERAL FUNDS For Library GEB
OTHER Lloyd C. Daniels Fund Records for Music Room Broadus E. Willingham Fund TOTAL OTHER
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID FELLOWSHIPS American Viscose Corp. The Buckeye Cotton Oil Company The Delta Air Lines The Dow Chemical Co. Dow-Corning Corporation Ethyl Corporation Gulf Oil Company Harry E. Johnson National Science Foundation Edward Orton Jr. Ceramic Foundation Rayonier, Inc. Research Corporation Shell Oil Company Albert Staton Stone Mountain Grit Company T. Earl Stribling Fund Tennessee Eastman Company Texas Company U.S. Steel Foundation Inc. Westinghouse Edu. Foundation TOTAL FELLOWSHIPS
SCHOLARSHIPS Adair-Oldknow Sch. Fund, Inc. Alexander-Tharpe Sch. Fund, Inc. Aluminum Company of America Alumni Club of Nashville American Brake Shoe Company American Cyanaraid Company American Enka Corp. American Inst, of Steel Const. Inc. American Viscose Corp.

Balance Beginning Of Year

Receipts For
Year

Disbursements
For Year

Balance End of
Year

$

$ 27.138.95 $ 27.138.95 $

$

50.40 $

$

50.40 $

$ 256.07 $ 45.24

100.00



401.31

62.50 $
25.00 87.50 $

256.07 $ 45.24
301.31 $

62.50
125.00 187.50

$ 52.281.83 $ 69.049.35 $ 73.195.55 $ 48.135.63

$ (-- )12.18 7,500.00
971.64
288.50 18.60
30,102.23 117.24
2,331.96 4,330.68
730.83
125.00 12,984.15
442.92 1,062.41
2.500.00 $ 63.493.98

$ 2,800.00
5,000.00 2,232.50 (-)18.60 28,600.00
5,400.00 2,516.50 1,500.00 4,949.61 3,016.50 6,000.00 $ 61.996.51

$ 1,757.17 (-- )12.18 1,250.00 2,216.43 1.24 1,770.80 288.50
28,243.24 117.24
1,188.13 3,507.30 2,150.80
125.00 1,813.33 1,904.42
162.30
$ 46.483.72

$ 1,042.83
6,250.00 2,783.57
970.40 461.70
30,458.99
1,143.83 6,223.38 1,096.53 1,500.00
16,120.43 1,555.00 900.11 6,000.00 2.500.00
$ 79,006.77

$ 411.61 344.82
2,666.65
955.66 300.00

$ 33,253.39 2,500.00 550.47 1,000.00 900.00 2,800.01 550.00 500.00

$ 411.61 33,253.39 2,666.65 550.47 1,570.43 600.00 1,466.66 236.11 333.33

$ 344.82
2,500.00
385.23 600.00 1,333.35 313.89 166.67

200

GEORGIA INSTITUTE (F TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance

Receipts

Beginning

For

Of Year_________ Year

Disbursements
For Year

Balance End of
Year

B. STUDENT AID' (CONTINUED) SCHOLARSHIPS (CONTINUED) Amvets Anonymous Armco FoundationAtlanta Federal Savings Atlanta Gas Light Company E. T. Barwick Foundation Batson Fund Bay Shore Community Aid Fund Alfred Bettman Foundation Boy & Girl of the Year Committee Bronxville Board of Education Burlington Industries Callaway Educational Association Camp Foundation Louie Jones Cassels Celanese Corporation of America Coats and Clark Inc. Coca-Cola Company Columbia Southern Company Combustion Engineering Inc. Community Enterprises, Inc. H. Dale Critz Found, Inc. The Crossett Company The Chas. E. Culpepper Fund, Inc. Douglas Aircraft Company Inc. Edu. Sch. - Frank Y. L. Lou Edu. Sch. - Liv Pa Wei Edu. Sch. - Yo-Jen Chow Emergency Fund Ford Motor Company Foundation Fort Lauderdale News John G. Frazier, Jr. Future Farmers of America The Gaylord Foundation Ga. Distributors Inc. Ga. Tech Club of Augusta Ga. Tech Club of Birmingham Ga. Tech So. Texas Alumni Club General Electric Company General Motors Company C. M. Gooch Foundation Greater Atlanta Georgia Tech Club Grumman Aircraft Eng. Corp. Wm. P. Heath-Coca-Cola Co. Hercules Powder Company Holeproof Hosiery Company Holiday Isles Civitan Club

$ 259.76 1,000.00 270.00 646.11
50.00
166.66 2,364.58
500.00 (-)333.34
2,333.33
172.00 4,500.00 7,200.00
5.92
90.00
5.00

500.00 $ 2,747.34 2,400.00
1,080.00 1,000.00
354.18 300.00 600.00
500.00 1,000.00 4,250.00 1,005.00
1,000.00 500.00
1,000.00 800.00
1,750.00 1,300.00
616.50 1,500.00
208.70 750.00 250.00 180.00 1,000.00
350.00 1,800.00
600.00 750.00 4,000.00 400.00 2,400.00 500.00 (-)5.00 2,500.00 800.00 250.00

500.00 $ 1,563.36 2,400.00 1,000.00
360.00 1,000.00
300.00 300.00
50.00 500.00 833.33 4,250.00 1,005.00 166.66 1,640.10
500.00 666.66 800.00 499.99 1,750.00 1,300.00 616.50 750.00 172.00
5.92 208.70 750.00 250.00 180.00
350.00 1,300.00
600.00 750.00 4,000.00 400.00 2,400.00
800.00 250.00

1,443.74 990.00 701.29 600.00 166.67
724.48 1,000.00
500.00 1,833.34
750.00 4,500.00 7,200.00
1,000.00 90.00
500.00
500.00 2,500.00

201

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) John P. Holmes Fund John Jay Hopkins Chas. L. Howard Memorial Humble Oil Company Hydrick Memorial Fund The Ireland Foundation Inc. Jesse H. Jones Hon. Gen. Clay The Keever Starch Company Knox Foundation Inc. Lincoln Foundation Lockheed Leadership Fund Chas. Loridans Found. Inc. Lowry Fund Kate McGrath Fund McLendon Fund Magnolia Petroleum Company Martin Aircraft Fund The Mead Corporation The A.H. & E.B. Merry Fund Mansanto Chemical Company Newport News Shipbuilding Company J. C. Nichols Foundation Qxon Hill Lions Club Hugh Parker Patterson and DeWar Phillips Petroleum Company Annie Laurie Galloway Phillips Sam R. Phillips Pilot Freight Carriers, Inc. Procon, Inc. The Pure Oil Company Radio Corporation of America Remington Rand, Inc. Rhodes Fund Benj. Dewitt Riegel Memorial Fund Robert and Company Rossville Memorial Center Rotary Club of St. Andrews Schlumberger Foundation Sears-Roebuck Company Servel Inc. Shepard Broad Silent Hoist & Crane Company J. Waldo Smith Socony-Vacuum Company Square "D" Company Stark Patterson Fund

Balance Beginning Of Year

Receipts For
Year

Disbursements
For Year

Balance End of
Year

$ 358.64
250.00 296.25
300.00 400.00
250.00 10.00
16,596.41 141.00 800.00 500.00 585.96
1,500.00
100.00 400.00 3,163.11 200.00 240.00 124.00 1,000.00
100.00
(-)1,026.00
166.67 256.00
30.00 (-)33.34
85.35
4,034.63
1,609.21

$ 225.00 500.00 500.00
1,900.00 100.00 600.00
1,000.00 400.00 400.00
3,643.84 1,340.00 13,256.78
500.00
865.82 250.00 350.00 1,000.00 530.50
250.00
400.00 2,400.00
200.00 200.00
1,000.00 500.00
3,500.00 6,000.00
322.13 1,200.00 2,250.00
200.00 5,000.00
500.00
300.00
138.53 2,500.00 1,000.00 1,087.50

$ 133.64 500.00 750.00
1,832.43 100.00 600.00
1,200.00 266.66 400.00 250.00
2,477.17 1,073.00 11,002.62
141.00 200.00 500.00 318.00 166.66 350.00
66.65 530.50 1,500.00 250.00 100.00 400.00 2,032.50
140.00 124.00 1,000.00 500.00 100.00 3,500.00 4,615.00 322.13 300.00 2,000.00 200.00 4,449.84 756.00
266.66 85.35
138.53 5,459.66 1,000.00
266.66

$ 450.00
363.82
100.00 533.34
1,176.67 267.00
18,850.57 1,100.00 1,133.78 83.34 933.35
400.00 3,530.61
400.00 300.00 1,000.00
359.00 900.00 250.00 716.83
30.00
1,074.97 2,430.05

202

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) Tellepsen Foundation Textile Edu. Foundation Textron Foundation Tithers Inc. The Trane Company United Daughters of the Confederacy Union Bag & Paper Corp.
Union Carbide & Carbon Corp.
Universal Oil Products Company The Vanneck Foundation
W & L Food Stores Foundation
G. Mote Williams Fund Women's Chamber of Commerce R. W. Woodruff Seydel Woolley Foundation
TOTAL SCHOLARSHIPS
PRIZES Architects Alumni Prize Fund Borden Company Foundation Inc. Georgia Blue Print Company Silent Hoist & Crane Company Materials Handling Prize TOTAL PRIZES
TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

Balance

Receipts Disburse-

Beginning

For

ments

Of Year_________ Year______ For Year

Balance End of
Year

1,192.50 -11,433.32
1,091.00 125.00 731.00
58.053.83

$ 7,766.64 500.00 200.00 500.00 100.00 9,000.00 816.50 1,000.00 1,116.50 125.00 1,000.00 300.00 500.00 250.00
$162,475.33

$ 666.66 7,666.66 500.00 200.00
100.00 9,000.00
816.50 1,005.00 1,116.50
250.00 1,000.00
300.00 231.00
80.00 $151,553.85

$ 525.84 (-11,333.34
500.00
1,086.00
1,000.00 170.00
$68,975.31

$ 199.31 $

16.37 $

1,000.00

$ 215.68 1,000.00

117.09

117.09

300.00

150.00

450.00

$ 499.31 $ 1.283.46 $ 117.09 $ 1,665.68

$122,047.12 $225,755.30 $198,154.66 $149,646.76

$174,328.95 $294,804.65 $271,350.21 $197,783.39

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts and Grants Income on Investments Income on Student Loans Collection of Notes Receivable Written Off Previously Discount on Bonds Sale of Oil & Lease of Oil Land Farm Income - Texas Property

Endowment Fund

Loan Funds

Total Funds

$1,313,001.66 $119,012.93 $1,432,014. 59

$ 47,316.45 $ 4,430.84 $ 51,747.29

35,646.77

1,230.72

36,877.49

1,914.32

1,914.32

2,220.93 4,030.55 6,124.07

40.50 3.26

40.50 2,224.19 4,030.55 6,124.07

203

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES (CONTINUED)

Endowment Fund

Loan Funds

Total Funds

ADDITIONS (CONTINUED)

Net Income 54-55 from University of Ga. (Mitchell) $
Reights on Amer. Tel. & Tel. Stock

Transferred from Loan Funds

Transferred from Endowment Funds

TOTAL ADDITIONS

$

$ 1,104.18 $ 354.35

1,104.18 354.35

3,059.80

3,059.80

10.060.07

10.060.07

98.752.92 $ 18,783.89 $ 117.536.. 81

DEDUCTIONS Uncollectable Note Written Off Annuity Payments Premium on Bonds
Commission & Expense-Purchase Stock
Transferred to General Funds Transferred to Restricted Funds Transferred to Experiment Station Transferred to Plant Funds Transferred to Loan Funds Transferred to Endowment Fund Return of Income Received in 1952 to WGST
TOTAL DEDUCTIONS

$

$ 400.00 $

400.00

1,450.00

1,450.00

652.28

652.28

6.58

6.58

13,787.35

13,787.35

15,872.31

15,872.31

6,311.36

6,311.36

14,847.62

14,847.62

10,060.07

10,060.07

3,059.80

3,059.80

65.000.00

65.000.00

127.987.57 $ 3.459.80 $ 131,447.37

BALANCE OF PRINCIPAL, END OF YEAR

$1,283,767.01 $134,337.02 $1,418,104.03

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1956

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End of Year

ENDOWMENT FUNDS

The Architect Alumni Assoc.

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 the

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

300.00 11,034.10 188,429.49 78,339.65
4,350.00 5,000.00
23,785.92 1,910.03
168,111.95
6,262.50 113,213.72
12,500.00
32,000.00

$

16.37

354.18

13,315.22

4,354.66

97.88

62.50

47,814.99 58.80

6,171.81

225.00 3,855.70
316.90

730.00

$

16.37 $

300.00

354.18

11,034.10

9,284.67

192,460.04

4,354.66

78,339.65

97.88

4,350.00

62.50

5,000.00

12,750.00 58.80

58,850.91 1,910.03

6,171.81 225.00 316.90

168,111.95
'ri K if#!
6,262.50 117,069.42
12,500.00

730.00

32,000.00

204

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End of Year

ENDOWMENT FUNDS (CONTINUED) Lowry Mem. Sch. Fund Edmund Magers General The Martin Aircraft Sch. Fund Thos. E. Mitchell Ed. Fund of the University of Georgia 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

$ 504,658.21 $ 14,623.44 $ 14,623.44 $ 504,658.21

102.79

1.72

1.72

102.79

16,000.00

1,226.75

872.40

16,354.35

54,551.11 9,862.50 50.00

4,071.05 1,087.50

9,513.67 1,087.50

49,108.49 9,862.50 50.00

5,000.00 4,526.49
72,013.20 1,000.00
$1.313,001.66

150.00 131.62 61.83
25.00 $ 98.752.92

150.00 131,62 61.83 67,097.62
25.00 $127.987.57

5,000.00 4,526.49
4,915.58 1.000.00 $1.283.767.01

STUDENT LOAN FUNDS George W. Adair Wm. Ott Alston, Jr. Mem.

$

572.17 $

11.67 $

563.26

14.43

Amer. Inst, of Arch. Ga. Chapter

234.76

J. Baldwin

53.20

1.00

M. R. Berry

3,179.02

77.18

James G. Boswell Found.

4,027.04

S. F. Boykin

103.20

3.50

T. P. Branch Mem.

151.94

4.49

Brittain-Busbin-Jarrell Emer.

581.40

44.72

J. B. Campbell

619.79

8.34

Josiah Dana Cloudman

12,316.73

272.46

Holland Coleman, Jr. Arch. Mem. Sch.

1,198.47

8.26

Wm. B. Coleman Post #51 of the

American Legion

490.86

10.00

Mrs. Alice Spencer Coon

1,347.37

119.14

A. C. Dobbs

87.60

2.23

Arthur J. Dyer Student

1,013.26

A. French

1,959.54

74.03

Ga. Federation of Labor

1,032.02

Ga. Tech Womens Club

103.89

5.09

Ga. Tech Womens Club-STI

51.00

24.62

Mary D. Gude

238.63

1.73

Lyman Hall

1,825.19

1,895.31

J. M. High Mem. Loan Sch.

2,379.22

84.93

Dr. & Mrs. Thos. P. Hinman

228.38

5.26

Irving Subway Grating Co. Inc.

394.75

8.50

Louis Gholston Johnson

513.80

4.34

Kappa Alpha Edu. Found. Inc.

88.53

1.50

The Clyde L. King & John King Mem.

3,195.38

395.12

John King Mem.

6,940.26

1,363.11

Malta Lodge #641, F & A.M.

1,325.73

29.35

Lona Mansfield

962.75

26.47

$

583.84

577.69

234.76

54.20

3,256.20

4,027.04

106.70

156.43

626.12

628.13

12,589.19

1,206.73

500.86 1,466.51
89.83 1,013.26 2,033.57 1,032.02
108.98 75.62
240.36 3,720.50 2,464.15
233.64 403.25 518.14
90.03 3,590.50 8,303.37 1,355.08
989.22

205

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

Fund Balance Beginning Of Year______ Additions

Fund Balance End of
Deductions______ Year_____

STUDENT LOAN FUNDS (CONTINUED) Mrs. T. 0. Marshall E. P. McBurney J. A. McFarland

$ 2,250.00 $ 1,375.00 $

10,982.79

285.78

124.01

1.78

$ 3,625.00 11,268.57
125.79

Thos. E. Mitchell Edu. Fund of

The University of Georgia

(-)549.79 10,678.62

3,059.80

7,069.03

Jospeh N. Moody

2,240.32

76.31

2,316.63

The Gayle Nimmocks Mem. Sch.

163.59

3.72

167.31

Quartermaster

42,874.65

1,430.53

400.00

43,905.18

The L. W. (Chip) Robert, Jr.

109.87

1.25

111.12

Scottish Rite

1,257.04

33.30

1,290.34

)

Second Baptist Church, Bible Class #1

636.37

11.23

647.60

Sam W. Small

110.36

2.37

112.73

T. W. Smith

309.14

6.84

315.98

J. P. Stevens

5,620.61

165.04

5,785.65

Jos. M. Terrell

1,348.92

163.50

1,512.42

Thomaston Mills

1,512.16

1,512.16

Clark Thornton Mem.

423.75

9.78

433.53

>

E. A. Turner

50.70

.61

51.31

Arthur Williams Estate Emerg. Trust

684.79

13.95

698.74

Mrs. Fannie B. Wright

1.084.51

27.50

1.112.01

1

TOTAL STUDENT LOAN FUNDS

$ 119.012.93 $ 18.783.89 $ 3.459.80

134.337.02

TOTAL TRUST FUNDS

$1.432.014.59 $117.536.81 $131.447.37 $1.418.104.03

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS For Year Ended June 30, 1956

Rate of Date of Maturity Maturity

Book Value

Market Value

COMMON STOCK American Tel. & Tel. Co. Ser. Mo* AB44521 - 95 shares Ser. No. N533181 - 3 shares
Bethlehem Steel Corp. Cert. No. 311810 - 100 shares
Standard Oil Company of New Jersey Ser. No. 0658094 - 50 shares Ser. No. H786327 - 100 shares
West Point Mfg. Company Ser. No. 7102-3-4-5-6 and 25970-1-2-3-4 - 2.000 shares
TOTAL COMMON STOCK
206

$ 15,793,75 $ 17,100 .-00

537.75

540.00

5,137.50

15,137.50

1.575.00 3.150.00

2,856.25 5,712.50

5.000.00

34.000.00

$ 31,194.00 $ 75,346.25 M

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

PREFERRED STOCK Celanese Corporation Ser. No. 9382 Cum. - 35 Shares Ser. No. 14913 Cum. - 15 Shares
Georgia Power Company Ser. No. E02966 - 3 Shares
TOTAL PREFERRED STOCK
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
GOVERNMENTAL BONDS Safekeeping No. 14519 Series G-No. V562480 Series F-No. Q1018443 Series F-NO.Q1018444 Series G-No. M4837472 Series G-No. M4837473

Rate of Date of Maturity Maturity

Book Value

Market Value

Si

$ 5,133.75 $ 2,275.00

Si

1,128.75

975.00

4.6

285.00

311.25

6.547.50 $ 3.561.25

$

1,517.99 $

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.99

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

1,517.98

9,318.69

9,318.69

54,779.28

54,779.28

36,028.68

36,028.68

48.840.74

48.840.74

$ 174.773.16 _1_ 174.773.16

$ 74,015.78 $ 74,015.78

2.230.31

2.230.31

$ 76.246.09 $ 76.246.09 4.915.58 $ 305.583.09

1 5/8 2
2%
2%
2K2

3-15-56 $ 25,000.00 $ 25,000.00

8-15-56

10,000.00

10,000.00

7-1-57

5,000.00

4,910.10

12-1-57

25.00

23.63

12-1-57

25.00

23.62

7-1-58

1,000.00

976.00

7-1-58

1,000.00

976.00

207

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

GOVERNMENTAL BONDS (CONTINUED) 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. 300288H No. 300288J No. 300289K No. 30029I
TOTAL GOVERNMENT 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 Bonds #1426-1435 Ga. Tech Bonds #1436-1445 Ga. Tech Bonds #1471-1485 Ga. Tech Bonds #1547-1556 Ga. Tech Bonds #1591-1596 Ga. Tech Bonds #1631-1650 Ga. Tech Bonds #1873-1877 Ga. Tech Bonds #2003-2005 Ga. Tech Bonds #2137-2146 Ga. Tech Bonds #2306-2310 Ga. Tech Bonds #2310-2411 Ga. Tech Bonds #3050-3052 Ga. Tech Bonds #3358-3367 Ga. Tech Bonds #3416-3425 Ga. Tech Bonds #3491-3505 Ga. Tech Bonds #3711-3720 Ga. Tech Bonds #3726-3730
TOTAL GEORGIA TECH BONDS
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. #4951-5000 Univ. System Bldg. Auth. #4821-4845

Rate of Date of Maturity Maturity

Book Value

Market Value

7-1-58

$

1,000.00 $

976.00

2&

7-1-58

1,000.00

976.00

3-1-60

4,400.00

4,254.80

%

3-1-60

3-1-61

1,550.00 100.00

1,498.85 96.10

2%

3-1-61

2%

3-1-61

3-1-61

100.00 100.00 100.00

96.10 96.10 96.10

2&

3-1-61

1,000.00

2V2

3-1-61

1,000.00

2*

12-15-72

10,000.00

2J

12-15-72

10,000.00

2/

12-15-72

10,000.00

P

12-15-72

10.000.00

961.00 961.00 9,475.00 9,475.00 9,475.00 9.475.00

!_ 92.400.00

89,821.30

M

5-1-57

$

5,000.00 $

5,000.00

2S4

5-1-58

8,000.00

7,964.00

2fc

5-1-60

5,000.00

4,918.50

24

5-1-60

5,000.00

4,918.50

254

5-1-61

5,000.00

4,887.50

254

5-1-62

4,000.00

3,882.40

254

5-1-62

10,000.00

9,706.00

254

5-1-63

10,000.00

9,630.00

254

5-1-63

15,000.00

14,445.00

254

5-1-63

10,000.00

9,630.00

254

5-1-64

6,000.00

5,728.20

254

5-1-64

20,000.00

19,094.00

254

5-1-66

5,000.00

4,682.50

254

5-1-67

3,000.00

2,793.00

24

5-1-68

10,000.00

9,210.00

254

5-1-69

5,000.00

4,575.00

24

5-1-70

2,000.00

1,809.80

254

5-1-74

3,000.00

2,652.60

2

5-1-76

10,000.00

8,313.00

2

5-1-77

10,000.00

8,185.00

2

5-1-77

15,000.00

12,277.50

2

5-1-78

10,000.00

8,125.00

2

5-1-78

5.000.00

4.062.50

$ 181.000.00 $ 166.490.00

354

5-1-64

$ 12,000.00 $ 12,210.00

3

10-1-67

25,000.00

25,000.00

3

6-1-70

30,000.00

29,661.00

3

6-1-70

18,000.00

17,796.60

3

10-1-74

50,000.00

49,305.00

3

10-1-75

50,000.00

48,920.00

3

6-1-76

25,000.00

24,447.50

208

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

OTHER (CONTINUED) Univ. System Bldg. Auth. #5051-5150 Univ. System Bldg. Auth. #5201-5330 Univ. System Bldg. Auth. #851-864 Univ. System Bldg. Auth. #6041-6045 Univ. System Bldg. Auth. #5401-5485 Univ. System Bldg. Auth. #865-898 Univ. System Bldg. Auth. #899-932 Univ. System Bldg. Auth. #938-955 Univ. System Bldg. Auth. #6779-6787 Univ. System Bldg. Auth. #6891-6895 Univ. System Bldg. Auth. #6961-6965 Univ. System Bldg. Auth. #991-1000
TOTAL UNIV. SYSTEM BLDG. AUTH. BONDS
State Hosp. Bldg, Auth. #4046-4055 State Hosp. Bldg. Auth. #4211-4225
TOTAL STATE HOSP. BLDG. AUTH. BONDS
NOTES RECEIVABLE Student Notes
TOTAL ENDOWMENT FUNDS - INVESTMENTS

Rate of Date of Maturity Maturity

Book Value

Market Value

3

10-1-76 $ 100,000.00 $ 97,760.00

3

10-1-77

100,000.00

96,930.00

3

12-1-77

14,000.00

13,552.00

3%

5-1-78

5,000.00

5,175.00

3

10-1-78

85,000.00

82,305.50

3

12-1-78

34,000.00

32,878.00

3

12-1-79

34,000.00

32,844.00

3

12-1-80

18,000.00

17,370.00

3V2

5-1-81

9,000.00

9,315.00

m

5-1-81

5,000.00

5,175.00

3%

5-1-81

5,000.00

5,175.00

3

12-1-81

10.000.00

9.640.00

$ 629.000.00 $ 615.459.60

3J4

4-1-61

$ 10,000.00 $ 10,300.00

3J4

4-1-61

15.000.00

15.450.00

$ 25.000.00 $ 25.750.00

$ 2.013.03 $ 2.013.03 $1 .223.089.36 SI.535.043.77

GOVERNMENTAL BONDS No. 2734 No. 2738 No. 5272-5274 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. System Bldg. Auth. #6788-6790 Univ. System Bldg. Auth. #6951-6960
TOTAL UNIV. SYSTEM BLDG. AUTH. BONDS

- INVESTMENTS e 30, 1956
Rate of Date of Maturity Maturity

Book Value

Market Value

2

8-15-56 $ 5,000.00 $ 5,000.00

2

8-15-56

5,000.00

5,000.00

2

8-15-56

3,000.00

3,000.00

2y2

3-1-60

5,000.00

4,835.00

2y2

3-1-60

5,000.00

4,835.00

2%

3-1-60

600.00

580.20

2y2

3-1-60

3.450.00

3.336.15

$ 27.050.00 $ 26.586.35

3%

5-1-68

$ 10,000.00 $ 10,350.00

3%

5-1-81

3,000.00

3,105.00

3Vz

5-1-81

10.000.00

10.350.00

23.000.00

23.805.00

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF LOAN FUNDS - INVESTMENTS (CONTINUED)

NOTES RECEIVABLE Student Notes
TOTAL LOAN FUND - INVESTMENTS

Rate of Date of Maturity Maturity

Book Value

Market Value

$ 38.339.78 $ 38.339.78 $ 88.389.78 $ 88.731.13

210

1

GEORGIA INSTITUTE OF TECHNOLOGY
WGST
BALANCE SHEET JUNE 30, 1956
ASSETS
Cash Securities (U. S. Treasury Notes) Accounts Receivable (Less Reserve $10,513.7VJ Accrued Interest Receivable Miscellaneous - Due from Station Improvement Fund Land Buildings and Equipment Less Reserve for Depreciation Unexpired Insurance Premiums Miscellaneous Fund for Post-War Improvement of Station
TOTAL ASSETS

> 21,210.00
98,752.41 (-157.920.49

$ 56,464.78 50.000. 00 58,531.88 59.89 63.000. 00
62,041.92 563.00
21,562.64 106.779.72

$419.003.83

LIABILITIES
Accounts Payable Salaries, Commissions, and Bonuses Miscellaneous Reserve for Post-War Improvement of Station Earned Surplus
TOTAL LIABILITIES

$ 2,493.33 1,947.69 2 ,200.00
106,779.72 305.583.09
$419.003.83

211

GEORGIA INSTITUTE OF TECHNOLOGY

SALES Network Local National TOTAL SALES

STATEMENT OF INCOME AND EXPENSES - WGST For Year Ended June 30, 1956

DEDUCT Allowances, Agency Discounts

NET SALES OF BROADCASTING TIME

ADD: Recording Services

TOTAL NET SALES

EXPENSES Cost of Recording Services Engineering Programing Selling Administrative TOTAL EXPENSES

OPERATING PROFIT

OTHER INCOME Interest Miscellaneous TOTAL OTHER INCOME

GROSS INCOME

DEDUCT Income Charges

NET INCREASE IN NET WORTH

$ 9,476.75 230,496.45 105.612.41
$345,585.61
$ 43.316.06 $302,269.55
9.572.92 $311,842.47
$ 4,613.35 54,567.72 65,840.85 55,135.48 51.416.13
$231,573.53 $ 80.268.94
$ 1,008.76 3.198.07
$ 4.206.83 $ 84.475.77
$ 423.42 $ 84.052.35

Note: The above statements pertaining to WGST are for information only Information contained in these statements is not included in other statements.

212

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

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 Julv 1. 1955

Receipts For Year

Disbursements For Year

Cash Balance June 30. 1956

$ 404,141.02 (-037,789.30 174,328.95 216.716.48
$ 757.397.15

$ 4,504.260.89 1.999.180.26 294,804.65 2.194.256.26
$ 8.992.502.06

$4,330,808.44 1*930,983.34 271,350.21 2.102.547.90
$8,635,689.89

$ 577,593.47 30,407.62
197,783.39 308.424.84 $1,114,209.32

$ 304.093.24 $ 1.773.290.48 $1,718,556.91 $ 358.826.81

$ 131,542.17 $ 38.594.91
$ 170.137.08 $

134,353.81 $ 205,218.33 $ 60,677.65

140.875.07

133.522.74

45.947.24

275.228.88 $ 338.741.07 $ 106.624.89

$ 356.476.02 $ 1.492.801.21 $ 868.336.98 $ 980.940.25

SI.588.103.49 $12,533,822.63 $11,561,324.85 $2,560,601.27

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Cash Balance Julv 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

AGENCY FUNDS Alexander Memorial Fund

$ 17,155.76 $103,324.37 $

Checks for Cash

1,320.38

Federal Loan Funds

3,995.90

756.11

Student Activities

13,622.76 152,845.37

Student Bank

11,981.70 255,566.30

Tuition Deposit, Tech. Inst.

660.00

3,330.00

Held in Trust-Ja. A. Terrazes

1,000.00

Teachers Retirement Withholding

23,266.49 173,428.55

Withholding Tax Collections

66,453.16 613,808.50

U. S. Savings Bonds Deductions

891.25 23,058.74

Gamma Tau, Inc. Held in Trust

450.00

80.00

Lock and Key Deposits

3,769.81

The Football Plaque Fund

292.00

Dean Skiles Fund

354.56

1,138.00

Controller's Office Flower Fund

81.59

50.25

Security Deposits-Lawson Apts.

1,740.00

1,140.00

Security Deposits - Apts.

2,358.00

890.00

Ext. Div. - Short Courses & Confei s. 1,465.30

3,435.39

Student Lectures & Concerts

3,497.58

7,350.51

Held in Trust-Ga. Tech Track Team

41.12

Major Garing Fund

1,019.50

Held in Trust-German P. Ferandez

600.00

114,351.96 $ 1,320.38 4,752.01
147,688.63 252,768.70
2,710.00 1,000.00 171,555.03 603,932.08 23,550.00
3,769.81 292.00
1,561.99 42.86
1,170.50 955.00
3,805.36 8,718.71
41.12 945.46 600.00

6,128.17
18,779.50 14,779.30
1,280.00
25,140.01 76,329.58
399.99 530.00
(-169.43 88.98
1,709.50 2,293.00 1,095.33 2,129.38
74.04

213

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

AGENCY FUNDS (CONTINUED)

Student Activities Bldg. Fund

$

Tech. Inst.-Student Activities

Natl. Inst, of Health Grant 4363

Held in Trust-J.C. Cone

Class of 1919 Fund

APO Student Book Exchange

Sale of Surplus Property

Held in Trust-David L. Brown

Held in Trust-James Whitehead

Chemistry Breakage Books

Held in Trust-Jerry Stein

Sales Tax-College Inn

Tech. Inst. Flower Fund

Tech. Inst. Ring Deposit Com.

Sales Tax-Bradley Dining Hall

Sales Tax-Brittain Dining Hall

Music Dept. Activities

Held in Trust-Robt. A. Struss

YMCA Study - Saporta

Southern Airways Research Fel.

Ga. Tech Student Council

Parking Fines

Sou. Tech. Inst. Alumni Dues

Held in Trust-Charles Space

Price Gilbert Jr. Fund

Held in Trust-Frederick C. Erskine

Class of 1957

Held in Trust-Preston C. Brooks

Tuition Deposits-Fall 1956

Held in Trust-STI Alumni Foundation

Chemistry Key Deposits

Military Uniforms Vo. 19368

Drama Tech Productions

Held in Trust-Kenneth Purdy

Walker G. Miller Funds

East Point Projects-Arch.

Pi Kappa Phi Furn. Account

Georgia Tech Faculty Club

Jacque B. Norman Library Fund

Alumni Found. Library Fund

Natl. Inst, of Health Grant

G2771 (C-3)

Apple Jim Fund

Society of the Sigma Xi

Testing & Guidance Program Fund

Held in Trust-Octavio Rodriquez

Senior Class 1952 Mem. Fund

Garnishments

Held in Trust-W. H. Menscer

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

15 28,113.56 13,349.16 11,155.00 1,500.00
67.22 4,688.54
492.00
4,896.30 100.00
12,210.96 132.00
4,829.94 7,687.11 3,250.81 1,475.00
479.00
80,258.24 3,427.50 380.50 400.00
100.00
27,600.00 187.80
2,652.76 1,000.00
100.00 175.15 615.00 1,388.09
529.21 1,643.76 2,200.00
411.00
340.89 750.00

$ 13,725.12 6,364.88 1,500.00 86.86 183.15 877.75 492.00 295.00 1,326.75 100.00 12,248.72 102.75 6,077.18 7,716.07 3,300.85 1,257.20 479.00 37.05
78,708.99 4,188.86 353.92 400.00 271.08 100.00
500.00 900.00
90.00 2.50
2,000.00 2,309.93 1,000.00
100.00 141.85
519.73 25.00
124.63
8,606.64 529.21
1,210.09 1,304.35
411.00 5.00
752.09 515.00

$ 28,1113.56 1,704.22 4,790.12
1,560.24 5,330.02
86.00 6,191.60
80.83 264.68 337.00 149.05 1,335.04
4,490.64 13,620.04
557.14 385.16
1,927.95
56.73
26,700.00 598.80 27.00 100.00 539.94
33.30 2,370.00 1,300.43
967.86 895.65
.50 235.00

214

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance July lo 1955

Receipts For Year

Disbursments For Year

Cash Balance June 30. 1956

AGENCY FUNDS Tau Alpha Pi Natl. Honor Society $

297.58 $

Military Uniforms Vo. *27788

Held in Trust-Arch. Dept.
Dixon--Hodge--Kent Tennant Mem. Fund
Psychology Fund

20.00 53.00

Van Leer Fund

Fees 1956 Utilities Course Liquid Petro. Gas Assn. Inc. Fund

11,557.58

Zimmerman Fund Military Uniforms Vo. *40893

Military Uniforms Vo. *44913 Military Uniforms Vo. *37916 Activities Council

2,150.00 5.27

Held in Trust-Mil. Uni. Vo. 904

Dormitory Deposits

29,873.00

Military Uniforms Vo. *14110

200.00

Price Gilbert Jr. Entertain. Fund

1,275.87

Ga. Tech Club of N.Y.-Library

200.00

Held in Trust-Christian G. Brahm, Jr

5.00

W. G. Perry Portrait Fund

22.00

Military Uniforms Vo. *41970

1,982.60

Social Security Withholdings

24.34

Held in Trust-Mil. Unif. Vo. 20603

600.00

Military Uniforms Vo. *11749

1.73

Military Uniforms Vo. *24640

9.200.00

Civil Engineering Course Frank Gordy-To Be Held in Trust

5,000.00

Military Uniforms Vo. *47836 Sou.Tech.Inst. Dorm. Deposits

1.868.00

Retroactive Scoial Security

Military Uniforms Vo. *48091 H. E. Dennison Fund D. P. Savant Fund Tuition Deposits Fall 1955 Military Uniforms Vo. *38037 Held in Trust-Lloyd Kahn, Jr. Military Uniforms Vo. *51577

413.93 345.07 25,097.00 12,261.09
53.00 _ 2.400.00

TOTAL AGENCY FUNDS

791.50 $ 41,891.06
2,250.00
2,766.31 60,706.75
75.00 10.00 25,677.10 6,072.08
40.75 49.98 18,690.00
.90
26.07 26.186.34
7,470.50
8.33 3,910.00 5,803.93
125.00 5.00 1.00
7,550.00 162.41

620.65 $ 27,891.06
2,229.95 20.00 53.00
60,706.75 4,255.00
16,926.17 1,222.08 2,050.00 6.75 49.98
12,167.00 100.00 350.47
5.00 22.00 1,925.14 18,960.71 300.00
1.73 7,200.00 1,879.00 5,000.00
8.33 3,708.00
124.44 418.93 346.07 32,647.00 10,036.90
53.00 500.00

468.43 14,000.00
20.05
2,766.31
7,377.58 10.00
8,750.93 4,850.00
100.00 39.27
36,396.00 100.00 926.30 200.00
83.53 7,249.97
300.00
2,000.00 5,591.50
2,070.00 5,803.93
.56
2,386.60
1.900.00

.556.91 $ 358.826.81

215

STATEMENT CF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance July 1. 1955

Receipts

310 Tenth St., N.W.

$

131 Fifth St., N.W.

Lot #107 on 10th St.

275 Fifth St., N.W.

279 Fifth St., N.W.

Lot on North Ave.

Purchase of Property-Misc.
Renovation of Elec.(Eng.Bldg.)
Renovation & Replacement

8,332.43

Auxiliary Enterprise Renovation of A French Bldg.

142,778.82

Renovation of Brown Dorm.

Research Lab. Mech. Engr.

Renovation of Harris Dorm.

Extension of Aero. Engr. Annex

Renovation of Swann Bldg.

Renovation of Hightower Bldg.

Elec. Work-Physics Bldg. Repairs to Brittain Dining Hall

123.42

Asphalt Tile-A French Bldg. Renovation of Knowles Bldg.

13.37

Repairs to 737 Techwood Dr. Radio Isotopes Lab. Bldg.

400.00

Repairs to Glenn Dorm. Repairs to Towers Dorm. Repairs to Main Rsch. Bldg. Best Lock System in Main

7,744.57 14,685.74
40.00

Resch. Bldg. Repairs to Brown Dorm. Repairs to Cloudman Dorm. Repairs to Harris Dorm. Repairs to Harrison Dorm. Repairs to Howell Dorm. Repairs to Smith Dorm. Renovation of Military Bldg.

93.31 30.120.00 17.940.00 40.780.00 21.850.00
2 ,200.00 35.620.00

Panic Bar Releases-Research Building
Renovation of Aero. Bldg.

465.00

Repairs to 311 Fifth St. Renovation of Biology Bldg.

93.94

Repairs to 171 Fifth St. Renovation of Civil Eng. Bldg.

1,609.38

Library Landscaping Paving Walks & Driveways
Special Projects Atlanta &

168.51

Fulton County 1955-1956

Former Alexander Memorial

Steam Line

Special Projects Atlanta &

Fulton County 1954-55

10,694.68

Sidewalks East Side Plum St.

Change in Fowler Drive

519.74

$ 12,750.00 8,538.56 15,086.00 17,723.50 16,192.99 18,000.00
110,005.06 5,000.00
13,000.00 30,000.00 14,500.00 25,000.00 42,000.00
275,000.00
18,500.00
8,000.00 40,000.00
3,229.90 16,000.00
47,916.00 82,747.99

Disburse

ments

Transfers

Balance June 30, 1956

$ 6,085.95 $ 6,085.95 $

12,871.58

121.58

8,632.66

94.10

15,086.00

17,723.50

500.00

500.00

(->15,571.25

1,375.37

8,954.17 16,624.63

(->9,568.47 15,721.63

27,912.55
2,909.24 1,520.55

5,000.00 (->123.42
7,300.00 (->13.37 34,337.18 (->400.00
488.34
(->40.00

243,215.41 5,000.00
13,000.00 14,278.37 14,500.00 25,000.00 14,087.45 5,000.00
7,300.00
34,337.18
275,000.00 5,323.67
13,165.19

20.20 6,060.16 5,596.90 9,016.05 3,855.49 4,416.74 13,710.95 6,600.82

(->73.11 2,216.74

24,059.84 12,343.10 31,763.95 17,994.51
21,909.05 11,899.18

4,435.88 19.80 10.00
4,839.28

(->74.14 (->39,337.18

320.25

(-) 168.51 320.25

465.00 3,564.12
652.82
16,000.00

82,747.99

47,916.00

353.61

(->885.23 353.61
(->519.74

9,809.45

216

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Parking Area Computer Center$ Miscellaneous Paving
Concrete Steps & Stone Walls
for Dorm. Area Alexander Memorial Center
Paving McAfee & North Ave.

328.33

Parking Lot Fence at Lawson Apts. Wye Elec. Distribution System Air Cond.-Registrar's Office S. Price Gilbert Library Equip. Steam Table for Brittain

1,702.00 939.00
2,287.90 395.49

Dining Hall

Equipment for Girl's Dorm. Equipment for Controller's Office8,816.75

Tablet Arm Chairs for Sou.

Tech. Institute Equipment for 310 - 10th St.

Bake Oven for Brittain

Dining Hall

Wiring Low-Turbulence Wind Tunnel

1,737.11

Truck for Bldg. & Grounds Air Cond. Equip. - Textile
Bldg.

2,119.50

Desks for Organic Chem. Lab. Steam Reducing Valve for

Power Plant Radio Isotopes Lab. Equip. Hot Water Heater-Research

1.48

Library Equipment

Co-operative Div. Equip.

Graduate Div. Equip. Army RQTC Equipment Air Science & Tactics Equip. Naval Science Equipment Aeronautical Eng. Equip.

Architecture Equipment

Ceramic Eng. Equip. Chemical Eng. Equip.

Civil Eng. Equip. Elec. Eng. Equip. Eng. Draw. & Mech. Equip.

Industrial Eng. Equip. Mechanical Eng. Equip.

Textile Eng. Equip. Chemistry Equipment English Equipment Ind. Management Equipment

Mathematics Equipment

eceipts

Disburse

ments

Transfers

Balance June 30. 1956

2,488.22 $ 3,318.04 $

937.60 $

1,352.77

1,233.52

(-1447.58

107.78

1,497.00 18,286.84

1,410.90 18,286.84

(-)86.10

3,288.61

3,907.80 1,684.00
1,255.80 564.00

619.19 (-)18.00 (-0939.00 (-)1,032.10
168.51

1,950.00 4,500.00 3,500.00

1,700.50 4,063.39 12,430.72

(-)249.50 (->436.61
113.97

1,125.00 165.00
1,520.50

1,125.00 165.00
1,770.00

249.50

2,400.00

1,477.12

(->259.99

2,400.00

40,000.00

2,094.04

25,000.00

(->25.46 650.00

40,000.00
650.00 25,000.00

CO
1

4,000.00 100.00 100.00 200.00 200.00 200.00
2,000.00 2,000.00 1,500.00 3,000.00 3,000.00 4,500.00 2,700.00 2,400.00 5,000.00 3,000.00 3,400.00 1,000.00 1,500.00 2,300.00

4,000.00
194.04 200.00 155.21
1,506.80 563.50
1,818.85 2,919.72 2,613.71
2,400.00 4,132.42 2,998.64 3,399.87
998.22 1,325.49 2,238.80

100.00 100.00
5.96
44.79 2,000.00
493.20 936.50 1,181.15
80.28 1,886.29 2,700.00
867.58 1.36 .13 1.78
174.51 61.20

217

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1955

Receipts

Disburse-

ments

Transfers

Balance June 30. 1956

Modern Language Equip.

$

Physics Equipment

Psychology Equipment

Social Science Equipment

Sou. Tech. Inst. Equip.

Brown Dorm.-Debt Service

Cloudman Dorm.-Debt Service

Harrison Dorm-Debt Service

Howell Dorm.-Debt Service

Rental Property-Trust Funds

Debt Service

Transfers to Educ. & General

Funds

Transfer to Auxiliary

Enterprise Funds

Transfers to Eng. Exp. Sta.

Taxes-Appraisals, Etc.

Bond Sinking Fund

Callaway Sinking Fund

Reserve Fund-Bond Indentures

259,930.77 13,286.98 25,495.31

$ 1,600.00 $ 1,241.84 $

3,300.00

2,906.98

2,000.00

1,990.35

1,000.00

1,000.00

6,000.00

6,000.00

3,000.00

3,000.00

3,000.00

3,000.00

8,075.64

8,075.64

6,107.41

6,107.41

9,072.91

1,045.47

250.00 192,263.25
50.00 953.46

400.00 114.59 330.75 222,385.23

TOTALS Investments

$ 653,313.53 $1,195,963.70 $606,966.26 $

(->296.837.51

296.837.51 261.370.72

TOTALS

$ 356.476.02 $1.492.801.21 $868.336.98 $

$

358.16

393.02

9.65

9,072.91

1,045.47

400.00 114.59 80.75

229,808.79 13^336.98 26'448.77

$1,242,310.97

(- >261.370.72

980.940.25

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS Earnings on Temporary Investments
Governmental Appropriations State of Georgia City of Atlanta Fulton County State Highway Dept, of Georgia TOTAL GOVERNMENTAL APPROPRIATIONS
Sale of Property Houses

Funds for

Plant

Debt

_Add it ions_ Service

Total

$345.000.52 $308.313.01 $ 653.313.53

| ____

$ 12.978.34 $ 12.978.34

$646,747.99 $ 23.958.00 23.958.00 25.416.44
$720.080.43 _J___

$ 646,747.99 23.958.00 23.958.00 25.416.44
______ _ 720.080.43

$ 501.50 J____

$

501.50

218

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Transfers from Educational & General Funds Equipment for Controller's Office Research Lab. Mechanical Engineering Tablet Arm Chairs - Sou. Tech. Inst. Lot #107 on 10th St. Truck for Buildings & Grounds Extension of Aeronautical Eng. Annex Desks for Organic Chemistry Lab. TOTAL TRANSFERS FROM EDUCATIONAL & GENERAL
Transfers from Auxiliary Enterprises Concrete Steps & Stone Wall for Dorm. Area Steam Table for Brittain Dining Hall Taxes-Appraisals-Etc. Repairs to 171 Fifth St. Equipment for Girl's Dormitory Equipment for 310 - 10th St. Bake Oven for Brittain Dining Hall Renovation & Replacement Auxiliary Enterprise Purchase of Property - Miscellaneous Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Bond Sinking Fund TOTAL TRANSFERS FROM AUXILIARY ENTERPRISES
Transfers from Trust Funds 131 Fifth St. Purchase of Property TOTAL TRANSFERS FROM TRUST FUNDS
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions Land 310 Tenth St., N.W. 131 Fifth St.f N.W. Lot #107 on Tenth St. 275 Fifth St., N.W. 279 Fifth St., N.W. Lot on North Avenue TOTAL LAND
Buildings and Additions to Buildings Renovation of Electrical Eng. Bldg. Research Lab. Mechanical Eng. Renovation of Swann Bldg.

Funds for Plant
Additions

Debt Service

Total

$ 3,500.00 $ 30,000.00 1,125.00 8,500.00 2,400.00 25,000.00 40.000.00
$110.525.00 J ______

$ 3,500.00 30,000.00 1,125.00 8,500.00 2,400.00 25,000.00 40.000.00
$ . 110.525.00

$ 1,497.00 $ 1,950.00

$ 1,497.00 1,950.00

250.00

250.00

3,229.90

3,229.90

4,500.00

4,500.00

165.00

165.00

1,520.50

1,520.50

110,005.06

110,005.06

9,539.33

9,539.33

3,000.00

3,000.00

3,000.00

3,000.00

8,075.64

8,075.64

6,107.41

6,107.41

184.190.97

184.190.97

$132.656.79 $204.374.02 $ 337.030.81

$ 12,750.00 $ 2.097.62
$ 14.847.62 $

$ .... $

12,750.00 2.097.62
14.847.62

$978.611.34 $217.352.36 $1.195.963.70

$ 6,085.95 $ 12,871.58 8,632.66 15,086.00 17,723.50 500.00
$ 60.899.69 $
$ 1,375.37 $ 15,721.63 27,912.55

$
______

6,085.92 12,871.58
8,632.66 15,086.00 17,723.50
500.00 60.899.69

$ 1,375.37 15,721.63 27,912.55

219

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED)
Buildings and Additions to Buildings (Continued) Repairs to Glenn Dormitory Repairs to Towers Dormitory Best Lock System in Main Research Building Repairs to Brown Dormitory Repairs to Cloudman Dormitory Repairs to Harris Dormitory Repairs to Harrison Dormitory Repairs to Howell Dormitory Repairs to Smith Dormitory Renovation of Military Building Renovation of Aeronautics Building Repairs to 311 Fifth St. Renovation of Biology Building Repairs to 171 Fifth Street TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Paving Walks & Driveways Former Alexander Memorial Steam Line Sidewalks East Side Plum Street Parking Area Computer Center Miscellaneous Paving Concrete Steps & Stone Wall for Dorm. Area Alexander Memorial Center Paving McAfee & North Ave. Parking Lot Fence at Lawson Apts. TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment
Air Conditioning-Registrar's Office S. Price Gilbert Library Equipment Steam Table for Brittain Dining Hall Equipment for Girl's Dormitory Equipment for Controller's Office Tablet Arm Chairs for Sou. Tech. Inst. Equipment for 310 - 10th Street Bake Oven for Brittain Dining Hall Wiring Low-Turbulence Wind Tunnel Air Conditioning Equipment - Textile Building Library Equipment Army RQTC Equipment Air Science & Tactics Equipment Naval Science Equipment Architecture Equipment Ceramic Eng. Equip. Chemical Eng. Equip. Civil Eng. Equip.

Funds for

Plant

Debt

Additions_____ Service ______Total

$ 2,909.24 $ 1,520.55 20.20 6,060.16 5,596.90 9,016.05 3,855.49 4,416.74
13,710.95 6,600.82 4,435.88
19.80 10.00 4.839.28 $108,021.61 $

$ 2,909.24 1,520.55 20.20 6,060.16 5,596.90 9,016.05 3,855.49 4,416.74
13,710.95 6,600.82 4,435.88
19.80 10.00 4.839.28 $ 108.021.61

$ 320.25 $

$

82,747.99

353.61

3,318.04

1,233.52

1,410.90

18,286.84

3,907.80

1.684.00

___ $113,262.95 JL

____ $

320.25 82,747.99
353.61 3,318.04 1,233.52 1,410.90 18,286.84 3,907.80 1.684.00 113.262.95

$ 1,255.80 $ 564.00
1,700.50 4,063.39 12.430.72 1.125.00
165.00 1.770.00 1,477.12 2,094.04 4,000.00
194.04
200.00
155.21 1,506.80
563.50 1,818.85 2.919.72

$ 1,255.80 564.00
1,700.50 4,063.39 12.430.72 1.125.00
165.00 1.770.00 1,477.12 2,094.04 4,000.00
194.04
200.00
155.21 1,506.80
563.50 1,818.85 2.919.72

220

k
f r<* *
0). H * .

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Equipment (Continued) Electrical Eng. Equipment Industrial Eng. Equipment Mechanical Eng. Equipment Textile Eng. Equipment Chemistry Equipment English Equipment Industrial Management Equipment Mathematics Equipment Modern Language Equipment Physics Equipment Psychology Equipment Social Science Equipment Southern Technical Institute Equipment TOTAL EQUIPMENT
TOTAL EXPENDITURES FOR PLANT ADDITIONS
Indebtedness Retired Bonds Retired Trust Funds Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Rental Property TOTAL INDEBTEDNESS RETIRED
Other Deductions Interest on Indebtedness Bonds Trust Funds Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory Rental Property TOTAL INTEREST ON INDEBTEDNESS
Other Expenditures, Not Capitalized Transfers to Educational & General Funds Transfers to Auxiliary Enterprises Funds Transfers to Engineering Experiment Station Taxes-Appraisals-Etc. TOTAL EXPENDITURES, NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds for Plant
Additions

Debt Service

Total

$ 2,613.71 $ 2,400.00 4,132.42 2,998.64 3,399.87 998.22 1,325.49 2,238.80 1,241.84 2,906.98 1,990.35 1,000.00 6.000.00
$ 71/250.01 $
$353,434.26 ______

$ 2,613.71 2,400.00 4,132.42 2,998.64 3,399.87 998.22 1,325.49 2,238.80 1,241.84 2,906.98 1,990.35 1,000.00 6.000.00
$. 71.250.01
$ 353.434.26

$

$174,000.00 $ 174,000.00

1,590.75

1,590.75

2,048.08

2,048.08

6,552.31

6,552.31

4,916.81

4,916.81

7.994.93

7.994.93

$

$197,102.88 $ 197.102.88

$

$ 48,385.23 $ 48,385.23

1,409.25

1,409.25

951.92

951.92

1,523.33

1,523.33

1,190.60

1,190.60

1.077.98

1.077.98

$

$ 54.538.31

54.538.31

$ 1,045.47 $ 400.00 114.59 330.75
$ 1.890.81 $

$ _____ $

1,045.47 400.00 114.59 330.75
1.890.81

$355,325.07 $251,641.19 $ 606.966.26

$968,286.79 $274,024.18 $1,242,310.97

221

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956
INVESTMENT IN PLANT, JULY 1, 1955
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 & Contents Constructed by University System Building Authority TOTAL ADDITIONS
VALUE OF PLANT, JULY 1, 1955, PLUS ADDITIONS
DEDUCTIONS Buildings Removed for Other Improvements
VALUE OF PLANT JULY 1, 1955
DEDUCT: Plant Indebtedness Bonds Outstanding Due Endowment Funds Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1956
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

$24,166,180.45

$ 353,434.26

162,089.42

17,515.42

148,168.17

78.215.61

759^4 22.88

$24,925,603.33

14.400.00 $24,911,203.33

$2,130,000.00 174,773.16
,3,514.646.72

5.819.419.88

$19.091.783^45

A. LAND Campus Off-Campus -- Willeo Farm TOTAL LAND
B. BUILDINGS Administration Knowles Guggenheim Aeronautics Aeronautics Shop Aeronautics Office Hanger Type Bldg. - Util. Engin. Ceramic Engineering Civil Engineering Electrical Engineering

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

$ 1,363,818.43 18.947.80
JL_!,382,,766.23

$ 60,899.69 $ $ 60.899.69 _J________

$ 1,424,718.12 18.947.80
$ 1.443.665.92

$

96,061.30 $

$

58,006.48

111,021.93
2 , 000.00 1,000.00

4,435.88

5,087.29

49.000. 00

157,379.44

45.000. 00

1,375.37

$ 96,061.30
58,006.48 115,457.81
2 , 000.00 1, 000.00
5,087.29 49,000.00
157,379.44 46,375.37

222

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED)

Electronics Research (Temporary)

$

2,000.00 $

$

Engineering Drawing & Mechanics

173,000.00

278 Uncle Heine Way-Ext. Div. Short Courses
Mechanical Engineering Mechanical Engineering (Temporary)

1,800.00 210,000.00
1,500.00

15,721.63

273 Uncle Heine Way - Engineering Drawing & Mech.
680 Cheery St. - Research Hightower Textile Building Old Shop Building Old Shop Annex Lyman Hall, Chemistry Chemical Engineering (Temporary) Chemistry Annex Chemistry Annex (Temporary) Physics Building 274 Uncle Heine Way - Mod. Lang. Military Rifle Range Classroom Building Plans Naval Armory A French Building Modern Languages Engineering Experiment Station Calculator Building 719 Cheery St. Research 713 Cheery St. Photo Lab. 709 Cherry St. Research Naval Research Building White Frame House - Research Architecture Building Price Gilbert Library Butler Type Building - Research Storage Building - Research Aluminum Building - Research
Crystal Oscillator Lab. Research Hinman Research Building Rich Elec. Computor Ctr. (Bldg. Auth.) 665 Plum St. - Indust. Management Swann Building Auditor ium-Gymnas ium Power Plant Power Plant(Bldg. Auth.) Pump Station Post Office & Stock Room Garage & Warehouse Greenhouse-Boiler House

1,800.00 1,800.00 1,098,980.86 74,577.83 2,000.00 229,227.05 4,200.00 53,257.50 4,200.00 194,541.96 1,800.00 10,000.00 3,000.00 3,592.50 102,000.00 92,993.61 16,714.81 95,540.69 130,000.00 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

10.00
6,600.82 20.20
500.00 63,799.21 27,912.55

$

2,000.00

173,000.00

1,800.00 225,721.63
1,500.00

1,800.00 1,800.00 1,098,980.86 74,587.83 2,000.00 229,227.05 4,200.00 53,257.50 4,200.00 194,541.96 1,800.00 16,600.82 3,000.00 3,592.50 102,000.00 92,993.61 16,714.81 95,560.89 130,000.00 1,800.00 1,800.00 1,800.00 19,946.00 3,000.00 1,077,449.28 1,841,739.60 7,451.03 31,262.50 4,626.54
500.00 2,500.00 349,739.42 155,735.65 1,800.00 81,802.13 266,000.00 241,000.00 999,341.81 1,000.00 5,000.00 11,417.67
800.00

223

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) Greenhouse 268 Ponce de Leon - Psychology 277 Ponce de Leon - Psychology Carnegie Building (Old Library) Hospital Y.M.C.A. Willeo Farm - 3 room house Willeo Farm - 3 houses @ 1500.00 Willeo Farm - 3 room house Willeo Farm Barn Willeo Farm Outhouse Crenshaw Field House Athletic Office Building Rose Bowl Storage Room Presidents Home Brown Dormitory Cloudman Dormitory Harris Dormitory Howell Dormitory Harrison Dormitory Glenn Smith Towers Dormitory Burge Apartments Callaway Apartments Brittain Dining Hall & Addition 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 Apartment 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 279 Fifth St., Rental 286 Fifth St., Rental 296 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

$

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

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

2,000.00

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

6,638.06

4,500.00

18,375.00

4,000.00

4,000.00

4,000.00

$
6,060.16 5,596.90 9,016.05 4,416.74 3,855.49 18,140.74
4,839.28
19.80

$
3,600.00 3,600.00 3,600.00 3,600.00

$

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

15,000.00

7 0 j000.00

1,500.00

102^791.55

80,573.78

88,610.36

98,443.86

154,313.43

170,707.84

1,659,444.74

688,536.19

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

7,729.90

3,600.00

3,600.00

,657.86 4,500.00 18,375.00 4,000.00 4,000.00 4,000.00

224

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) 885 Plum St., Rental 889 Plum St., Rental 899 Plum St., Rental 905 Plum St., Rental 836 Cherry St., Rental 846 Cheery St., Rental 850 Cheery St., Rental 856 Cheery St., Rental 866 Cherry St., Rental 870 Cherry St., Rental 876 Cherry St., Rental 880 Cherry St., Rental 886 Cherry St., Rental 906 Cherry St., Rental 889 Atlantic Dr., Rental Lawson Apartments: Apartment Building *200 Apartment Building *201 Apartment Building *202 Apartment Building *203 Administration Building *204 Apartment Building *205 Apartment Building *206 Apartment Building *207 Apartment Building *208 Apartment Building *209 Apartment Building *210 Apartment Building *211 Apartment Building *212 Apartment Building *213 Apartment Building *214 Administration Building *215 Apartment Building *216 Pavillion Bldg. *217 Apartment Building *218 Apartment Building *219 Apartment Building *220 Apartment Building *221 Apartment Building *222 Apartment Building *223 Apartment Building *224 Apartment Building *225 Recreation Building *226 Apartment Building *227 Apartment Building *228 Apartment Building *229 Apartment Building *230 Apartment Building *231
Shop Warehouse Building *232

Investment Beginning Of Year

Additions

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 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

Deductions

Investment End of
___ Year---.

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 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

225

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning

Investment
End of
_____

B. BUILDINGS Apartment Building #233 Apartment Building #234 TOTAL BUILDINGS

$ 14,600.00 $

$

$ 14,600.00

4 . 9 8 8 . 0 0 ________________________ 4.988.00

13,784,189.49 $172.320.82 S14.400.00 $13.942.110.31

C. IMPROVEMENTS OTHER THAN BUILDINGS

Rose Bowl Stands Tennis Courts Plans-Miscellaneous Grant Field Steam & Electric System Sidewalks, Streets, Fences, Etc. Water System

70,000.00 46,428.45
2,163.06 947,295.03 588,409.82 353,427.05 115,536.00

82,747.99 30,514.96

TOTAL IMPROVEMENTS OTHER THAN BLDGS. $2.123.259.41 $13.262.95~ $

70,000.00 46,428.45
2,163.06 947,295.03 671,157.81 383,942.01 115,536.00 $ 2.236.522.36

D. EQUIPMENT

Administrative Office Physical Plant Library Hospital

$ 146, 585.11 714, 626.94 856, 787.57 29, 124.53

$ 15,478.36 965.82
71,257.18 350.00

162 063.47 715 592.76 928, 044.75
29, 474.53

Instructional Departments Organized Research

2,720, 954.10 1,093, 621.43

100,924.56 148,168.17

2,821, 878.66 1,241, 789.60

Extension Division Apartments Dormitories Dining Halls College Inn President's Home Rental Property Technical Institute Y.M.C.A.
Architecture Building (Bldg. Auth.) Library (Bldg. Auth.) Computer Center (Bldg. Auth.)
TOTAL EQUIPMENT

33, 631.83 143, 053.43 357, 018.21 2 1 1 ,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

6,336.37 2,409.26 6,135.79 3,272.45 13,231.81
165.00 30,328.25
13,916.40 $412.939.42 $

...

39, 968.20 145, 462.69 363, 154.00
214, 631.72 150, 863.23 38, 334.91
8,837.66
283, 826.45
492.20 28, 244.37
102, 329.14
13 916.40 $7W

TOTAL INVESTMENT IN PLANT

^24.166.180.45 $759.422.88 $14.400.00 $24.911.203.33

Naval Base Building #8 Building #9 Building #10A Building #11

PROPERTY UNDER LEASE FOR YEAR ENDED JUNE 30, 1956

AMOUNT
$ 150,000.00 198,000.00 33.900.00 79.800.00

226

GEORGIA INSTITUTE OF TECHNOLOGY
PROPERTY UNDER LEASE (CONTINUED)
NAVAL BASE (CONTINUED) Building *12 Building *13 Building *17 Building *19 Building *20 Building *24 Gymnas ium
TECHWOOD DORMITORY
TOTAL BUILDINGS UNDER LEASE

AMOUNT

$ 79,800.00

79,800.00
121,100.00

171.000.

00

171.000.

00

135,500.00

100.000.

00

250.000.00

$1.569.900.00

GEORGIA

STATE

C O L L E G E OF B U S I N E S S FINANCIAL REPORT

ADMINISTRATION

For the Year Ended June 30, 1956

Georgia State College of Business Administration Atlanta, Georgia

229

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION

BALANCE SHEET JUNE 30, 1956

CURRENT FUNDS A. GENERAL
Cash in Bank Accounts Receivable

ASSETS
$ 230,005.18 17.090.37

TOTAL GENERAL FUNDS

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

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

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank U.S. Government Bonds

$ 247,095.55

4,362.15 150,545.59
1,033.13 55.257.82

211,198.69

458,294.24

64,961.92 6.270.59

71,232.51

$ 69,821.04 150.000.00

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

$ 219,821.04

$ 475,106.48 2,641,954.99 696,727.99

3.813.789.46

4.033.610.50

$4.563.137.25

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $4,104,000.

230

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
BALANCE SHEET JUNE 30, 1956
LIABILITIES

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

$ 3,639.12 8,569.38
83,957.03 150.930.02 -------

$ 247,095.55

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

$ 6,146.38 55,257.82
149.794.49

211.198.69 $ 458,294.24

II. AGENCY FUNDS Fund Balances
TOTAL AGENCY FUNDS

$ 71.232.51

71,232.51

III.

PLANT FUNDS A. UNEXPENDED
Contracts to be Negotiated

Contracts Negotiated

_

Reserve for Purchase of Gilmer St. Bldg.

Fund Balances TOTAL UNEXPENDED

$ 20,757.36 33,014.87 150,000.00 16.048.81
------

$ 219,821.04

B. EXPENDED

.

.

Equity of University System Building Auth.

Investment in Plant

TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$1,216,079.34 2 ,,597.710.12

a ,,813.789.46

4,033.610.50

*4.563.137.25

231

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

I. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Private Music Lessons Summer Session TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia Regular Operations
OTHER SOURCES Interest Income Institutes Miscellaneous Extension Gifts and Grants TOTAL OTHER SOURCES

$ 25,114.28 626,743.81 3,185.00 117.958.02 $ 773,001.11

$ 2,137.60 18,086.71 4,153.01 9,548.41 4.650.00

688,900.00 38.575.73

TOTAL EDUCATIONAL & GENERAL INCOME
TOTAL EDUCATIONAL & GENERAL RECEIPTS
II. AUXILIARY ENTERPRISES BOOKSTORE

$1.500.476.84 $1.500.476.84 $ 148,498.69

OFFICE BUILDING RENTAL REFECTORY
TOTAL AUXILIARY ENTERPRISE INCOME NON-INCOME
Previous Year's Checks Cancelled

61,069.51 13.303.50
$ 222,871.70
_______ 153.15

TOTAL AUXILIARY ENTERPRISE RECEIPTS TOTAL CURRENT INCOME

$ 223.024.85 $1.723.348.54

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office
President's Office

_________________________Object Classification_____

Operating

Salaries

Supplies

Total

& Wages

& Expenses Equipment

$ 28,232.09 $ 26,111.15 $ 1,970.94

25,177.28

24,011.46

1,002.85

150.00 162.97

232

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Obiect Classification

Operating

Salaries & Wages

Supplies '& Expenses Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED)

ADMINISTRATIVE AND GENERAL (CONTINUED) General Administrative Registrar's Office TOTAL ADMINISTRATIVE & GENERAL

$ 39, 429. 86 $

4, 636. 34 $ 34, 729. 87 $

JL 58 171. 74

45, 701. 70

11, 990. 29

$ 1SI 010, 97 $ 100, 460. 65 $ 491,693. 95

63. 65 479. 75 856. 6i

STUDENT WELFARE Dean of Students Alumni Office Placement Bureau TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Administrative Dean Dean of General Studies Art Biology Chemistry Education English Geography & Geology History Journalism Mathematics Modern Languages Music Nursing Education Philosophy Physical Education Physics Political Science Psychology R..T.C. Sociology Speech and Drama Summer School Testing and Guidance Business Administration TOTAL INSTRUCTION
RESEARCH
EXTENSION

$ 18,,511.,89 $ 17,,826.,22 $

1,,839..55

1,,500..00

9 310,.76

9,,224..21

$ ? 9 ,662,.20 $ 28,,550..43 $

370.,27 $ 339..55
86..55
796..37 JL

315. 4 0 315..40

$ 186 ,960,.36 $ 105,,453,.92 $ 79 ,862,.78 $ 1.643..66

JL JL $ 94 ,242 .34

47 ,123 .57

2 ,142 .56 $ 44.976,.21

$

5,730.14 $

5,102.03 $

597.12 $

15,133.71

11,819.90

3,048.41

30.99 265.40

1 7 ]244.71

16,043.90

1,032.65

168.16

41^074.79

38,352.44

1,499.84

1,222.51

22,719.65

19,740.81

2,582.16

396.68

10,186.98 106,524.73

9,939.94 106,209.26

247.04 306.95

8.52

4,407.76

4,389.42

18.34

45,669.17

45,537.08

132.09

6,726.46

6,714.90

11.56

57,419.00

57,375.97

43.03

23,033.28 25,894.31

22,971.88 24,764.78

61.40 881.49

248.04

8,478.80

8,091.60

387.20

5,899.12

5,849.94

49.18

9,308.97

8,625.04

548.43

135.50

10,157.69

8,288.55

62.38

1,806.76

22,029.89

21,902.24

127.65

29,499.57

29,200.48

299.09

4,606.35

4,170.00

436.35

22,547.93

22,481.62

66.31

15,726.31

14,985.20

741.11

118,279.88

117,355.71

924.17

11,043.00

8,864.88

2,112.67

65.45

340.053.15

329.548.75

9.954.14

550.26

JL $ 979.395.35 $ 948,,326.32 $ 26.170.76

4.898.27

JL $ 12.959.17 $

8.676.31 $ 3.982.86

300.00

L 13.004.35 $ 12.554.76

426.73

22.86

TOTAL EDUCATIONAL & GENERAL

$1,467.234.74 $1.251,145.96 $163,076.01 $ 53,012.77

233

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

EDUCATIONAL AND GENERAL (CONTINUED) NON-EXP El'SE Transfer to Plant Funds Accounts Receivable
TOTAL EDUCATIONAL & GENERAL DISBURS.
AUXILIARY EXPENDITURES BOOKSTORE
OFFICE BUILDING REFECTORY
TOTAL AUXILIARY EXPENDITURES NON-EXPENSE Transfer to Plant Funds
TOTAL AUXILIARY DISBURSMENTS
TOTAL CURRENT EXPENDITURES TOTAL CURRENT DISBURSMENTS

Total

Object Classification

Operating

Salaries

Supplies

& Waaes

& Expenses Eauipment

$ 48,000.00 385.00
$1,515.619.74

$ 142.574.35 $ $ 14.448.49 $ $ 10.553.71 $ $ 167.576.55 $

6.754.62 $135.819.73 $ 2.843.23 $ 11.605.26 .$...... 1.504.02 $ 9.049.69 $ ..... 11.101.87 $156.474.68

$ 113.800.00 L 281.376.55 $1.634.811.29 $1.796.996,29

STATEMENT OF CHANGES IN CASH BALANCES For Year Ending June 30, 1956

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

GENERAL AUXILIARY
TOTAL CURRENT FUNDS PLANT FUNDS AGENCY FUNDS
TOTAL

$ 245,148.08 $1,500,476.84 $1,515,619.74 $ 230,005.18

213.259.44

223.024.85

281.376.55

154.907.74*

$ 458.407.52 $1.723.501.69 $1.796.996.29 $ 384.912.92

$ 250,690.58 $ 179,800.00 $ 210,669.54 $ 219,821.04**

38.437.73

346.541.71

320.017.52

64.961.92

$ 747.535.83 $2.245.843.40 $2.327.683.35 $ 669.695.88

Includes U.S. Government Bonds in the amount of $150,545.59. Includes U.S. Government Bonds in the amount of $150,000.00.

234

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION

BANK BALANCES

FULTON NATIONAL BANK, ATLANTA Operating Account Student Promotion Office Building Account "Florence Noyes" Scholarship Fund

$237,759.43 29,999.19 47,029.09 320.00

$315,107.71

CITIZENS AND SOUTHERN NATIONAL BANK, ATLANTA Bookstore Music Fund Account Refectory

$ 13,307.99 14,601.54 17.825.07 $ 45,734.60

TRUST COMPANY OF GEORGIA Student Credit Union
TOTAL

8.307.98 $369.150.29

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

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

Balance Beginning Of Year

Receipts For
Year

Disburse ments
Of Year

Balance End of
Year

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

$ 80,736.42 47,809.19 8,034.88
39,893.97 144,419.03
993.75 13,605.06 3,591.72
7.457.69

$ 79,929.16 36,119.50 5,737.95
39,893.97 144,419.03
993.75 1,871.85 3,594.62 7.457.69

$ 8,307.98 29,999.19 14,601.54 320.00
11,733.21

$38.437.73 $346.541.71 $320.017.52 $64.961.92

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956
BALANCE BEGINNING OF YEAR ADDITIONS
Regents Allotment Transfer from General Funds Transfer from Auxiliary Funds
TOTAL

Funds for Plant
Additions
$250,690.58
18,000.00 48,000.00 ..113,800.00
$430,490.58

235

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
DEDUCTIONS Expended for Plant Additions Land and Buildings Administration Building - Additions and Improvements Improvements Other Than Buildings Educational and General Furniture and Equipment Partial Cost of New Chemistry Laboratory TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds for Plant
Additions
$179,771.62 2,792.21 1,994.93
24,214.55 1.896.23
$210.669.54
$219.821.04

SUMMARY OF INVESTMENT IN PLANT AS OF JUNE 30, 1956
VALUE OF PLANT, JULY 1, 1955
ADDITIONS: Expended from Plant Funds Expended from Educational and General Funds and included in Current Expenditures Buildings and Contents Constructed by University System Building Authority
TOTAL ADDITIONS
VALUE OF PLANT, JUNE 30, 1956
LESS: Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1956

$3,487,396.36
$210,669.54 53,012.77 62.710.79 326.393.10 $3,813,789.46 1.216.079.34 $2,597.710.12

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acquired

Investment

Investment

Beginning

End of

Of Year______ Additions_________ Year

A. LAND Campus Off Campus Piedmont Avenue Property-Improvements
TOTAL LAND

1945-55 1945-47 1956

$ 330,002.27 $138,185.88 $ 4,923.40
__________________ 1.994.93

468,188.15 4,923.40 1.994.93

$ 334.925.67 $140.180,81 $ 475.106.48

236

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acauired

Investment Beginning
Of Year

Additions

Investment End of Year

B. BUILDINGS Administration and Classroom, 24 Ivy Street Gymnas ium R.O.T.C. Office & Shops Armory DeKalb Extension Gilmer Street Building 16 Ivy Street Building
TOTAL BUILDINGS
C. EQUIPMENT Gilmer Street Building (Bldg. Auth.) Gilmer Street Building Administrative Offices Auditorium Instructional Departments Library Physical Plant Cafeteria Extension Research
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

1945 1947 1951 1951 1942 1955 1955

$ 580,248.93 44,424.13 14,050.70 16,547.34 4,350.00
1,,904,341.82

$ 4,688.44
31,717.89 41.585.74

$ 584,937.37 44,424.13 14,050.70 16,547.34 4,350.00
1,936,059.71 41.585.74

$2.563.962.92 $ 77.992.07 $2.641.954.99

$

5,639.89 $ 30,992.90 $ 36,632.79

27,825.05

5,948.49

33,773.54

64,945.24

1,171.77

66,117.01

15,407.78

15,407.78

178,610.74 23,164.33

201,775.07

260,618.45 44,976.21

305,594.66

21,510.32

1,643.66

23,153.98

13,115.00

13,115.00

537.97

22.86

560.83

297.33

300.00

597.33

$ 588.507.77 $108.220.22 $ 696.727.99

$3.487.396.36 $326.393.10 $3.813.789.46

237

MEDICAL

C O L L E G E OF FINANCIAL REPORT

GEORGIA

For the Year Ended June 30, 1956

P
Medical College of Georgia Augusta, Georgia

I

i#

239

MEDICAL COLLEGE F GEORGIA

BALANCE SHEET June 30, 1956

ASSETS

I. CURRENT FUNDS A. GENERAL 1. Instruction Cash on Hand and in Bank

$ 158,168.10

2. Hospital Cash on Hand and in Bank

411.606.25

TOTAL GENERAL

B. RESTRICTED Cash on Hand and in Bank Temporary Investments TOTAL RESTRICTED

C. AUXILIARY Cash on Hand and in Bank Stores Inventory Temporary Investments TOTAL AUXILIARY

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash on Hand and in Bank Temporary Investments TOTAL AGENCY FUNDS

III.

ENDOWMENT FUNDS Cash on Hand and in Bank Investments
University System Bldg. Auth. Bonds University of Georgia Buildings Real Estate
TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash on Hand and in Banks Student Notes Receivable Investments-U.S. Securities TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

B. EXPENDED Und Buildings
Equipment

$ 569,774.35

$ 198,313.73 30.000.00

228,313.73

$ 4,800.70 11,831.48 30.000.00

46.632.18 $ 844,720.26

$ 8,687.20 5.000.00

13,687.20

$ 1,396.09

$ 16,136.61 4,014.25
14.000.00

34.150.86

35,546.95

$ 7,757.44 31,178.86 5.000.00

43,936.30

$ 18,419.14
$ 126,902.38 1,438,935.69
712.145.05

240

MEDICAL COLLEGE CF GEORGIA
BALANCE SHEET June 30, 1956
LIABILITIES

I. CURRENT FUNDS

A. GENERAL

1, Instiructuiooini

.. ,on o q

Reserve for Purchase Orders Outstanding$ f4t182.38

Unappropriated Surplus

___ 113,98,5,.J 2 $ 158,168.10

Reserve for Purchase Orders Outstanding! 103,264.70

Unappropriated Surplus

--- 308,341.55

411.606.25

TOTAL GENERAL

$ 569,774.35

B. RESTRICTED Fund Balance

228.313.73

C. AUXILIARY Reserve for Stores Unappropriated Surplus
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

$ 11,831.48 34.800.70

46-632.18 $ 844,720.26
13,687.20

III. ENDOWMENT FUNDS Fund Balance

35,546.95

IV. STUDENT LOAN FUNDS Fund Balance

43,936.30

V. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority
Net Investment in Plant

$ 18,419.14
$ 849,707.22 1-428.275.90
241

MEDICAL COLLEGE CF GEORGIA

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1956

V. PLANT FUNDS (CONTINUED) B. EXPENDED (CONTINUED)

TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

$2.277.983.12 $2.296.402.26 $3.234.292.97

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54 buildings had a sound value of $2,092,200.

MEDICAL COLLEGE OF GEORGIA BALANCE SHEET June 30, 1956
LIABILITIES (CONTINUED) V. PLANT FUNDS (CONTINUED) B. EXPENDED (CONTINUED) TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$2.277.983.12 $2.2%. 402.26 $3,234.292.97

243

MEDICAL COLLEGE CF GEORGIA
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

General Income

Restricted Income

Total Income

EDUCATIONAL AND GENERAL I. INSTRUCTION AND RESEARCH
STUDENT FEES Matriculation Other TOTAL STUDENT FEES

$ 138,477.55 $ 642.00
L 139.119.55 $

$ 138,477.55 642.00
. A 139.119.55

PUBLIC APPROPRIATIONS State of Georgia

$ 580.997.06

$ 580.997.06

ENDOWMENT W. J. Young Fund

i.

J L 5.409.86 $

5.409.86

GIFTS AND GRANTS

American Medical Association American Tobacco Institute

$

$

500.00 $

500.00

4,028.00

4,028.00

Ayerst Laboratories

3,000.00

3,000.00

Ciba Laboratories

2,000.00

2,000.00

Eaton Laboratories

1,250.00

1,250.00

Georgia Heart Association

19,990.50

19,990.50

Laboratory Pharm. Development

1,000.00

1,000.00

National Fund for Medical Education

27,611.00

27,611.00

Paythress, William P. & Co.

2,000.00

2,000.00

Sandoz Chemicals

3,000.00

3,000.00

Smith, Kline & French

1,500.00

1,500.00

Upjohn Company

3,000.00

3,000.00

U..S. Atomic Energy Commission

7,692.25

7,692.25

U. S. Public Health Service (Medicine)

40,403.03

40,403.03

U. S. Public Health Service (Micro-Anatomy)

5,635.00

5,635.00

U. S. Public Health Service (Oncology)

36,276.56

36,276.56

U. S. Public Health Service (Pathology)

12,555.72

12,555.72

U. S. Public Health Service (Phy. & Pharm.)

57,325.82

57,325.82

Veih Laboratories

1.500.00

1.500.00

TOTAL GIFTS AND GRANTS

$ 27.611.00 $202.656.88 X 230.267.88

SALES AND SERVICES Research Services (Endocrinology) Research Sales (Phy. & Pharm.) Professional Contributions Testing Fees TOTAL SALES AND SERVICES

$

$ 6,175.50 $ 6,175.50

79.00

79.00

23,898.37

23,898.37

8.748.55

8.748.55

$ 32.646.92 $ 6.254.50 X 38.901.42

OTHER SOURCES Property Rentals General & Miscellaneous TOTAL OTHER SOURCES

$

63.00 $

1.171.00

i _ 1.234.00 X

$

63.00

1.171.00

X 1.234.00

TOTAL INSTRUCTION & RESEARCH INCOME

$ 781.608.53 $214.321.24 X 995.929.77

244

MEDICAL COLLEGE CF GEORGIA STATEMENT CF CURRENT INCOME (CONTINUED)

TRANSFERS FROM: Restricted Funds Auxiliary Funds University of Georgia
TOTAL RECEIPTS FOR RESEARCH & INSTRUCTION
II. HOSPITAL PUBLIC APPROPRIATIONS State of Georgia
GIFTS AND GRANTS Polio Foundation
SALES AND SERVICES Cafeteria *| TOTAL SALES AND SERVICES
OTHER SOURCES General and Miscellaneous
TOTAL HOSPITAL INCOME
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISE Bookstore Miscroscope Sales & Rentals Pelvimeter Sales Restaurant Snack Bar-Hospital
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$ 15,423.50 $ 4,266.00 7.493.45

$ 15,423.50 4,266.00 7.493.45

S 808.791.48 $214.321.24 $1.023.112.72

Si.411.232.79 S

$1,.411.232.79

$

JL S 79.402.68

79.402.68

$

769.19 $

4.674.97

$ 5.444.16 S

$

769.19

4.674.97

5.444.16

$

.181.59 $

181.59

SI.416.858.54 S 79.402.68 SI.496.261.22

S2.198.467.07 S293.723.92 S2.492.190.99

$ 46,205.60 $ 138.87
1,551.01 23,400.80
226.57

$ 46,205.60 138.87
1,551.01 23,400.80
226.57

S 71.522.85 $

$ 71.522.85

S2.269.989.92 S293.723.92 S2.563.713.84

245

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

------ -- -------------------

Object Classification

_ Fund Classification

SalariesOperating

and

Supplies

General

Restricted

Wages_______ & Expense

Equipment

A. EDUCATIONAL & GENERAL

I. INSTRUCTION & RSCH.

ADMIN. & GENERAL

Presidents Office

$

Dept, of Admissions

Business Office

General

Registrar's Office

TOTAL ADMIN. & GENERAL $

21,532.37 $ 5,514.30
18,438.60 33,272.09
6.622.28 85.379.64 $

$ 20.008.87 $ 1,258.00 $ 265.50

5.375.00

139.30

13.225.88

5,205.92

6.80

13,061.87

18,797.91

1,412.31

6.500.00

122.28

$ 58.171.62 $ 25.523.41 $ 1.684.61

PLANT OPERATIONS

$ 58.864.15 $

$ 30.911.14 $ 26.090.92 $ 1.862.09

LIBRARY

$

6.946.94 $ 5.100.00 $

3.770.42 $

284.80 $ 7.991.72

INSTRUCTION

Gross Anatomy

$ 28,744.66

Miscroscopic Anatomy

28,518.56

Biochemistry

37,775.76

Physiology

36,259.53

Pathology

66.814.15

Med. Microbiology

36,563.43

Medicine

69,515.52

Psychiatry

18,763.90

Pediatrics

13,641.93

Surgery

75.621.08

Obstetrics & Gynecology 13,608.40

Endocrinology

8,120.41

Medical Illustration

16.398.08

Anesthesiology

8,050.62

Radiology

6,770.50

Pharmacology

25.097.15

Nursing Education

23.941.96

TOTAL INSTRUCTION

$ 514.205.64 $

$ 22,900.12 $ 4,272..92 $ 1,571,.62

27,300.00 29,450.00 31,736.21 54,465.63 30,394.00

872 .56 6,526 .53 3,082 .16 4,564 .25 2,889,.80

346 .00 1,799 .23 1,441 .16 7,784 .27 3,279,.63

61,716.63 14,968.17

5,500 .36 3,795..73

2,298,.53

12,165.00 61,453.07 12,646.10

775..63 11,368..29
962.,30

701..30 2,799..72

7,800.00

320. 41

13,497.59 7,200.00

(-)242. 36 850. 62

3,142. 85

6,373.50

397. 00

21,275.22 20.659.50

2,290. 25 2.857. 46

1,531. 68 425. 00

436.000.74 $ 51.083. 91 $27,120. 99

ACTIVITIES RELATED

TO INSTRUCTION

Electroencephalographic

Clinic

-$

________ $ 3.145.34 1 _______ 19.75 $

745.89 $ 2.379.70

RESEARCH
American Medical Assn. Army Orbital Implant American Cancer Society American Heart Assn. Am. Tobhcco Institute Cancer Clinic Eli Lilly

161.99 $ 20.00
581.20 3,502.48 2,616.68
605.41 200.00

$
100.00 100.00 2,616.68 605.41 200.00

27.24
295.76 173.93

$ 134.75 20.00
185.44 3,228.55

246

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification Restricted

Object Classification

Salaries

Operating

and Wages

Supplies & Expense

Equipment

A. EDUCATIONAL & GENERAL (CONT'D)

I. INSTRUCTION (CONT'D)

RESEARCH (CONT'D)

Eli Lilly

$

Ga. Heart Assn.

Ga. Heart Assn. (Pediatrics)

Resch, Grants (Endocr.)

Pund Reserve

Research Sales

Sharpe & Dohme

Smith, Kline & French

U.S.A.E.C. (Biochemistry)

U.S.A.E.C. (Phys.)

U.S.P.H.S. (Biochemistry)

U.S.P.H.S. (Medicine)

U.S.P.H.S. (Medicine)

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. (Oncology)

U.S.P.H.S. (Phys. & Phy.)

U.S.P.H.S. (Phys. & Phy.)

U.S.P.H.S. (Pathology)

U.S.P.H.S. (Pathology)

U.S.P.H.S. (Phys. & Phy.)

Research Service

J.ULAJL. KEOtAKUl

1,300.08 $ 13,381.54
22.68 24,027.81
600.00 229.50 183.35 5,049.73 6,887.70 869.67 2,674.04 8,117.93 3,338.91 17,904.78 781.93 5,311.05 23,302.69 3,487.17 1,898.16 6,298.42 35,987.01 6,441.39 4,305.94 9,565.30 1.920.13

1,300.08 $ 13,291.50
19,062.96 600.00 50.00
5,000.00 6,462.04
2,456.74 7,034.67 3,278.34 16,835.00
622.97 4,094.00 19,847.49 2,000.00 1,100.00 4,326.98 29,416.01 3,040.00 2,400.00 7,907.76
77.00

$ 90.04 22.68 4,304.07

660.78

15.06 111.48
49.73 425.66 869.67 164.25 1,083.26
60.57 1,069.78
158.96 918.64 2,096.08 1,267.17 497.26 1,855.06 6,248.08 2,295.61 1,412.39 1,523.92 1.843.13

164.44 71.87
53.05
298.41 1,359.12
220.00 300.90 116.38 322.92 1,105.78 493.55 133.62

TOTAL INSTRUCTION & RSCH.

665.396.37 Sl99.820.01 $ 682,,699.,30 $132.608.41 $49.908.67

TRANSFERS TO:

Plant Funds

$

General Funds

Refunds cf Income for

TOTAL TRANSFERS

$

2,000.00 $

$

15,423.50

3.600.00 2.000.00 $ 19.023.50 $

$

$

___________ A _________

TOTAL INSTR. & RSCH. DlSB.jL 667.396.37 $218.843.51 $ 682 ,699,.30 $132.608.41 $49.908.67

II. HOSPITAL

ADMIN. & GENERAL

Administration

30,035.81

Business Office

24,027.62

General

43.976.72

TOTAL ADMIN. & GENRAL $ 98.040.15 $_

28,478.55 15,289.20 23.341.01

1,557.26 8,738.42 18.747.34

1.888.37 $ 1.888.37

247

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Salaries and
Wages

Operating Supplies & Expense

Equipment

EDUCATIONAL & GENERAL (CONT 'D)

II. HOSPITAL (CONTINUED)

PLANT OPERATION

L 115.512.82 J L .

LIBRARY

$ 2.829.53

SERVICES

Gross Anatomy

$

Microscopic Anatomy

3,000.00 $ 8,300.00

Biochemistry

5,750.00

Physiology Pathology

6,500.00 66,824.32

Medical Microbiology

5,000.00

Medicine Psychiatry

85,377.18 15,680.68

Pediatrics

23,925.00

Surgery

86,142.14

Obstetrics & Gynecology 38,995.67

Endocrinology

5,800.00

Medical Illustration

6,527.35

Anesthesiology

29,378.71

Radiology

18,432.15

Pharmacology

13,696.90

Nursing Education

68,834.57

Housekeeping

23,925.62

Qilinary Medical State Aid

25,504.76 170,407.53

Out Patient

20,561.21

Laundry Stores

3,093.96 23.729.17

$ 46.728.17 $ 68.687.26 $

$ 2.829.53 $

$

97.39

$ 3,000.00 8,300.00 5,750.00 6,500.00
55,565.69 5,000.00
85,377.18 15,680.68 23,890.00 86,130.79 38,995.67 5,800.00 6,527.35 29,363.33 18,305.20 10,956.37 68,166.92 23,107.74 22,802.95 170,351.85 20,561.21 3,089.46

$
1,374.43
11.35
15.38 116.00 2,740.53 667.65 805.23 2,701.81 55.68
4.50 23.729.17

$ 9,884.20 35.00
10.95 12.65

TOTAL SERVICES

$ 755.386.92 $

$ 713.222.39 $ 32.221.73 $ 9.942.80

RESEARCH Polio Foundation

_i_ 613.00 $

$ 613.00 $

TOTAL HOSPITAL EXPEND. $ 971.769.42 $ 613.00 $ 829.888.85 $130.565.01 $11.928.56

TRANSFER TO: College Plant Funds $ 67.000.00 J L -

TOTAL HOSPITAL DISB.

$1, 038.769.42

613.00

TOTAL EDUC. & GENERAL EXP. $1.637.165.79 $200.433.01 $1.512.588.15 $263.173.42 $61.837.23

248

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

____ ___________________ Object Classification_______ _

Salaries

Operating

Fund Classification_____

General

Restricted

and Wages

Supplies & Expense

Equipment

B. AUXILIARY ENTERPRISES

Bookstore

$

Restaurant

Pelvimeter Sales

Stores

TOTAL AUXILIARY EXPENDITURES

40,060.43 $

$ 2,240.16

26,321.61

14,546.98

1,024.84

35.00

1.652.29__________________ __ _______

$ 37,121.29 11,774.63 460.84 351.78

$ 698.98
529.00 1.300.51

69.059,17 $____________ $---16,822.14 $ 4 9 1708.54 $ 2,528.49

TRANSFERS TO: General Funds Plant Funds

$

4,266.00 $

_____ 1,500.00--------------

TOTAL AUXILIARY DISBURS. $ 74.825.17 _$-----------TOTAL CURRENT EXPENDITURES1.706.224.96 $200.433.01 $1.529.410.29 $312.881.% $64.365.72

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1956

American Medical Assn. Army Orbital Implant American Cancer Society American Tobacco Institute American Heart Assn. Cancer Clinic Eli Lilly (Medicine) Eli Lilly (Cytology) Georgia Heart Assn. Georgia Heart Assn. Life Insurance (PGP) Research Grants (Endo) Research Reserve (Path.) Research Sales (PGP) Sharpe G Dohme Smith, Kline, French U.S.A.E.C. (Biochemistry) U.S.A.E.C. (Phys.) U.S.P.H.S. (Biochem.) U.S.P.H.S. (Medicine) U.S.P.H.S. (Medicine) 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)

Balance

Income

Expenditures Transfers Balance

July 1955 F o r Y e a r _____Fog_jjyyL____G_Refunds^

*95"

$

$ 500.00 $ 161.99 $

$

20.00

2,174.00

581.20

161.00

1,450.00 12,295.65

4,028.00

2,616.68 3,502.48

400.00

605.41 300.00 1,689.54 776.21

16,368.00

605.41 200.00 1,300.08 13,381.54

3,600.00

335.51 1,473.20

3,622.50 8,800.00

22.68 9,565.30

37,346.66 988.84
1,774.02

24,425.50 79.00

25,947.94 600.00 229.50

1,016.49

183.35

5,083.38 79.34
366.85 4,898.63

7,692.25

5,049.73 6,887.70
869.67 2,674.04

552.00 212.00 200.00

5,230.69

3,548.00

8,117.93

9,268.00

3,338.91

9,419.07

21,785.03 5,802.00

17,904.78 781.93

1,852.00 429.00

2,763.17

5,635.00

5,311.05

735.00

9,492.17

34,894.56

23,302.69

1,851.00

3,172.48

1,382.00

3,487.17

279.00

338.01
( - ) 20.00

I,

431.80

2.861.32

8,393.17

100.00
389.46

162.67 3.935.33

707.90

35,824.22

388.84 1,623.52

833.14 33.65
331.89

(-)714.82

2,024.59 660.76

5,929.09

II,

447.32

4,591.07

2,352.12

19,233.04 788.31

249

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

U.S.P.H.S. (Oncology) U.S.P.H.S. (PGP) U.S.P.H.S. (PGP) U.S.P.H.S. (Path.) U.S.P.H.S. (Path.) W. J. Young Electroencephalographic Clinic Polio Foundation (Hospital) Research Reserve (PGP) U.S.P.H.S. (Biochem.) Markle, Merck, Pellagra,
Scopicon G U.S.P.H.S. (Old) Research Grants (Biochem.)
TOTAL

Balance July 1. 1955

Income For Year

Expenditures Transfers For Year G Refunds

Balance June 30. 1956

$ 2,050.82 $

$ 1,898.16 $ 161.00 $

7,939.69

20,894.64

6,298.42

3,345.50

17,321.73

27,631.18

35,987.01

4,277.00

5,110.79

6,173.72

6,441.39

550.00

2,557.41

6,382.00

4,305.94

419.00

6,520.04

5,409.86

5,100.00

5,747.67

3,145.34

79,402.68

613.00

3,159.11

32.00

(-)8.34 19,190.41
4,688.90 4,293.12 4,214.47 6,829.90 2,602.33 78,789.68 3,159.11
32.00

333.34 542.41

333.34 542.41

$ 154.046.32 $293.723.92 $200.433.01 $19.023.50

228.313.73

SUMMARY OF INCOME OF RESTRICTED FUNDS BY DEPARTMENT For Year Ended June 30, 1956
Department of Biochemistry U.S.A.E. C. (Dr. S. A. Singal)
Department of Endocrinology Ayerst Lab. Eaton Lab. Ciba Lab. Lab. Pharm. Div. William P. Paythress G Co. Sandoz Chemicals Smith, Kline G French Upjohn Company Veich Lab. Research Services
Department of Medicine American Tobacco Institute Georgia Heart Association (Dr. T. Findley) U.S.P.H.S. (Dr. T. Findley) U.S.P.H.S. (Dr. V. P. Sydenstricker) U.S.P.H.S. (Dr. C. Witham) U.S.P.H.S. (Br. C. S. Wright)
Department of Microscopic Anatomy American Medical Association (Dr. J. McKenzie) U.S.P.H.S. (Dr. C. Heuser)
Department of Oncology U.S.P.H.S. (Dr. H. Wammock) U.S.P.H.S. (Dr. H. Wycoff)

$ 7,692.25

$ 3,000.00 1.250.00 2,000.00 1,000.00 2,000.00 3.000. 00 1.500.00 3.000. 00 1.500.00 6.175.50

24,425.50

$ 4,028.00 16,368.00 9.268.00 3.548.00 21,785.03 5.802.00

60,799.03

$ 500.00 5 f635.00

6,135.00

$34,894.56 1.382.00

36,276.56

250

MEDICAL COLLEGE OF GEORGIA
SUMMARY OF INCOME OF RESTRICTED FUNDS BY DEPARTMENT (CONTINUED)
Department of Pathology U.S.P.H.S. (Dr. L. Stoddard) U.S.P.H.S. (Dr. L. Stoddard)
Department of Pediatrics Georgia Heart Association (Dr. N. B. 0 Rear)
Department of Physiology and Pharmacology U.S.P.H.S. (Dr. W. F. Hamilton) U.S.P.H.S. (Dr. W. F. Hamilton) U.S.P.H.S. (Dr. W. F. Hamilton) Research Sales
Library W. J. Young Fund
Hospital Polio Foundation TOTAL INCOME FROM RESTRICTED FUNDS
STATEMENT CF TRUST FUND BALANCES For Year Ended June 30, 1956
BALANCE CF PRINCIPAL, JULY 1, 1955
ADDITIONS Gifts and Grants Income on Investments Interest on Student Loans
TOTAL ADDITIONS
DEDUCTIONS Investment Expense Transfers to Restricted Funds
TOTAL DEDUCTIONS
BALANCE CF PRINCIPAL, JUNE 30, 1956

$ 6,173.72 6.382.00 $ 12,555.72

$ 3.622.50

3,622.50

$ 8,800.00 20,894.64 27,631.18 79.00
$ 5.409.86

57,404.82 -
5,409.86

$79.402.68

79.402.68

S293.723.92

Endowment Funds

Loan Funds

$35.384.95 S 40.946.71

$

$ 1,000.00

5,597.66

1.989.59

$ 5.597.66 S 2.989.59

$ 25.80 $ 5.409.86
$ 5.435.66 $ __________
S35.546.95 S 43.936.30

251

MEDICAL COLLEGE CF GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1956

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 DeLeon Laboratories
TOTAL LOAN FUNDS

Balance

Balance

July 1. 1955 Additions Deductions June 30. 1956

$ 6,163.40 $ 162.00 $

$

29.221.55 5.435.66

5.435.66

35.384.95 $5.597.66 $ 5.435.66 $

6,325.40 29.221.55
35.546.95

$ 8,373.48 $ 308.18 $

14,294.29

769.70

17,478.94

911.71

800.00

1. 000.00

40.946.71 $2.989.59 $

$

8,681.66

15,063.99

18,390.65

800.00
1. 000.00

J L . 43.936.30

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Hospital Restricted Auxiliary
TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Student Loan
TOTAL TRUST FUNDS
PLANT FUNDS
TOTALS

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance

For Year

June 30. 1956

$ 16,772.99 $ 808,791.48 $ 667,396.37 $ 158,168.10

33,517.13 1,416,858.54 1 ,038,769.42

411,606.25

154,046.32

293,723.92

219,456.51

228,313.73

38.103.02

71.522.85

74.825.17

34.800.70

L 242.439.46 $2.590.896.79 $2.000.447.47 $ 832.888.78

L 15.577.97 $ 30.027.95 $ 31.918.72 $ 13.687.20

$

508.09 $

6,323.66 $

5,435.66 $

1,396.09

734.60

11.622.84

4.600.00

7.757.44

1. 1.242.69 $ 17.946.50 $ 10.035.66 $

9.153.53

i. 40.163.78 $ 93.500.00 $ 115.244.64 $ 18.419.14

i- 299.423.90 $2.732.371.24 $2, 157.646.49 $ 874.148.65

252

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Student Breakage Deposits Student Deposit Student Health & Activities Sales Tax
TOTAL AGENCY FUNDS

Balance Julv 1. 1955

Receipts For Year

Disbursements Balance

For Year

June 30. 1956

$

876.33 $

2,475.00

12,202.36

24.28

5,336.19 $ 2,800.00 20,098.50 1.793.26

4,596.60 $ 2,600.00
22,975.21 1.746.91

1,615.92 2,675.00 9,325.65
70.63

$ 15.577; 9 ^ aJ | _ s;;JS0i027s 95;a_ ^ ^

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956
BALANCE, BEGINNING OF YEAR
ADDITIONS: State Appropriation Transfer from General Funds Transfer from Hospital Funds Transfer from Auxiliary Funds
BALANCE, BEGINNING OF YEAR, PLUS ADDITIONS
DEDUCTIONS: Expended for Plant Additions Land Buildings and Additions Murphey & Dugas Annex Other Expenditures Not Capitalized
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$ 40,163.78

$ 23,000.00
2, 000.00
67,000.00
1.500.00

93.500.00

$ 133.663.78

^ 66,902.38
25 422.92 12.919.34 ------- * * 115.244.64 ---$ 18.419.14 1 111 1

SUMMARY OF INVESTMENT IN PLANT June 30, 1956

VALUE OF PLANT, JULY 1, 1955

ADDITIONS FOR YEAR

Expended from Plant Funds

...

Expended from Current Funds and Included in Current Expenditures

Buildings and Contents Constructed by University System

Building Authority

TOTAL ADDITIONS

VALUE OF PLANT, J U NE 30, 1956 LESS: Equity of University System Building Authority

NET INVESTMENT IN PLANT

253

$1,997,228.96

$102,325.30 23,025.27

155.403.59

280.754.16

$2,277,983.12

849.707.22

$1.428.275.90

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

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 Offices (Building Authority) Physical Plant Library Instructional Departments Instructional Departments (Building Authority)
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Investment End of Year

$ 60.000.00 $ 66.902.38 $ 126.902.38

$ 553,839.89 80,000.00
195,673.92 145,468.27 287,437.64
2.268.00

$ 3,420.60 170,827.37

$ 557,260.49 80,000.00
195,673.92 145,468.27 458,265.01
2.268.00

$1.264.687.72 $174.247.97 $1.438.935.69

$ 42,759.86 26,283.98 2,429.28
118,505.63 482,562.49

$ 680.00
5,394.68 16,950.59 16.578.54

$ 43,439.86 26,283.98 2,429.28
123,900.31 499,513.08
16.578.54

$ 672.541.24 $ 39.603.81 $ 712.145.05

$1.997.228.96 $280.754.16 $2.277.983.12

254

NORTH

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1956

North Georgia College Dahlonega, Georgia

255

NORTH GEORGIA COLLEGE

BALANCE SHEET June 30. 1956

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 Administration Stores (Inventories)
TOTAL AUXILIARY

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank Investments Accounts Receivable U. S. Government Uniform Allowance TOTAL AGENCY FUNDS

III.

STUDENT LOAN FUNDS Cash in Bank Notes Receivable Investments
TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank TOTAL UNEXPENDED

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

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 2 , 000.00 48,919.45
_________65.00 $

50,984.45

$

1,385.00

17,434.33

3.85 39.657.28

58.480.46 $ 109,464.91

$ 15,322.88 314.50
12.733.06

28,370.44

$

1,575.55

390.00

5.234.00

7,199.55

$ 45.314.14

45,314.14

$ 41,667.65 2,444,755.31
160,527.24 645.915.20

3.292.865.40 3.338.179.54
$3.483.214.44

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $3,090,700.

256

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1956
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores (Inventories) Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

$

1,226.12

8,876.71

6,498.50

34.383.12 $ 50,984.45

$

1,755.90

33.00

7,820.90

39,657.28

9.213.38

58.480.46 $ 109,464.91

$ 28,370.44

TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Fund Balances
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity University System Building Authority Loans Payable Net Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 7,199.55

28,370.44 7,199.55

$ 45.314.14 $ 45,314.14

$ 750,914.66 36,600.26
2.510.550.48

3.292.865.40

3,338.179.54

257

NORTH GEORGIA COLLEGE

A. EDUCATIONAL AND GENERAL STUDENT FEES
Non-Resident Tuition Matriculation Health Service Summer Session Other
TOTAL STUDENT FEES

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
OTHER SOURCES Sales Land Script Miscellaneous TOTAL OTHER SOURCES

TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY INCOME DINING HALL

DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES
FARM

STAFF HOUSING (REGULAR)

STAFF HOUSING (SPECIAL)

VETERAN HOUSING

CANTEEN

TOTAL AUXILIARY INCOME

TOTAL CURRENT INCOME

$ 3,118.20 79,684.25 7,218.00 10,703.00 960.06

$101,683.51

300,800.00

$ 1,722.78 800.00
____ 834.00

3.356.78 $405,840.29

$190,300.03

$ 7,477.86 9,417.04 9,709.32 5,886.16
23,142.32 14.084.96

69,717.66

19.60

9,808.83

4,034.90

4,569.29

104.098.51

382.548.82

$788.389.11

258

NORTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Total

Salaries G Wages

Object Classification

Operating

Supplies

& Expense

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL President Comptroller Registrar General TOTAL ADMINISTRATIVE AND GENERAL

$ 12,633.88 $ 11,368.70 $ 1,265.18 $

18,039.67

16,316.42

1,723.25

8,138.05

7,617.22

415.89

12.824.13

287.63

12.536.50

$ 51.635.73 $ 35.589.97 $ 15.940.82 $

104.94 104.94

STUDENT WELFARE Dean of Men Dean of Women Student Hospital General TOTAL STUDENT WELFARE

$ 6,370.54 $ 5,964.69 $

405.87 $

3,900.04

3,900.04

10,535.10

8,577.70

1,706.90

3.053.84

2.091.88

961.96

$ 23.859.54 $ 20.534.31 $ 3.074.73 $

250.50 250.50

PHYSICAL PLANT Operations Utilities TOTAL PHYSICAL PLANT

$ 52,165.38 6.002.97
$ 58.168.35

$ 31,016.58 $ 31.016.58

$ 18,854.91 6.002.97
$ 24.857.88

$ 2,293.89 $ 2.293.89

LIBRARY

$ 20.634.67 $ 9.975.05 $ 6.926.83 $ 3.732.79

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

$ 7,194.70 15,956.72 25,047.93 12,520.91 14,453.77 2,828.08 6,946.05 36,382.68 18,250.96 4,252.80 17,638.70 12,717.15 21,312.99 24.495.05
$219.998.49

$ 6,719.12 14,984.46 19,402.18 10,392.11 13,666.32 1,897.00 5,770.20 35,999.96 18,099.96 2,778.72 14,783.75 11,263.31 20,788.10 24.280.00
$200.825.19

$ 475.58 972.26 379.25
1,333.56 692.03 931.08
1,175.85 382.72 151.00
1,474.08 2,854.95 1,453.84
198.42 215.05 $ 12.689.67

$ 5,266.50 795.24 95.42
326.47 $ 6.483.63

TOTAL EDUCATIONAL & GENERAL EXPENSE

$374,296.78 $297.941.10 $ 63.489.93 $12.865.75

TRANSFERS TO: Plant Funds

7,250.00

TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS $381.546.78

259

NORTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISE DINING HALL
DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES
FARM
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
VETERAN HOUSING
CANTEEN
TOTAL AUXILIARY EXPENSES
NON-EXPENSE TRANSFERS Regents University System Plant Fund - Regular Plant Fund - Reserve
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Obiect Classification

Operating

Salaries

Supplies

& Waqes

& Expense

Equipment

$171.775.77 $ 43.852.97 $127.922.80 $

$ 5,443.10 $ 2,715.37 $ 2,727.73 $

5,726.09

2,274.82

3,451.27

10,165.37

5,853.72

4,311.65

4,165.41

2,145.33

2,020.08

20,121.64

9.003.52

11,118.12

13.387.27

5.105.53

8.281.74

$ 59.009.88 $ 27.098.29 $ 31.910.59 $

$

365.24 $

340.94 $

24.30 $

$ 6.827.65 $ 1.395.81 $ 5.431.84 i

$ 1.313.40 $

591.12 $

722.28 $

$ 3.341.08 $ 1.602.19 $ 1.738.89 $

$ 91.263.93 $ 11.979.68 $ 78.761.64 $ $333.895.95 $ 86.861.00 $246.512.34 $

522..61 522..61

$ 3,820.22 1,989.75
19.134.41
$358.840.33
$708.192.73 $384.802.10 $310.002.27 $13.388.36

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956
BALANCE OF PRINCIPAL AT BEGINNING OF YEAR ADDITIONS:
Receipts Income on Investments
BALANCE OF PRINCIPAL AT END OF YEAR

Loan Funds $ 7,039.55
260 00 $ 7.199.55

260

LOAN FUNDS John W. Moore Senior Class
TOTAL LOAN FUNDS

NORTH GEORGIA COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1956

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End of Year

$ 6,264.55 $ 160.00 $ 775.00
$ 7.039.55 $ 160.00 $

$ 6,424.55 775.00
. . $ 7.199.55

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1956
LOAN FUNDS Bonds-Governmental Student Notes Receivable
TOTAL LOAN FUNDS

Book Value

Market Value

$5,234.00 $5,234.00

390.00

390.00

$5.624.00 $5.624.00

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

Balance July 1. 1955

Receipts For Year

Payments For Year

Balance June 30. 1956

$ 26,625.94 $405,840.29 $381,546.78 $ (-M .8 89 . 1 6 382.548.82 358.840.33
i_ 21.736.78 $788.389.11 $740.387.11 $

50,919.45 18.819.33 69.738.78

i_ 20.934.16 $ 55.751.14 $ 61.362.42 $ 15.322.88

i_ 1.459.55 $

260.00 $

144.00 $

1.575.55

JL 30.926.25 $ 88.884.41 $ 74.496.52 $ 45.314.14

JL 75.056.74 $933.284.66 $876.390.05 $ 131.951.35

261

NORTH GEORGIA COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Uniform Deposits Breakage Deposits Miscellaneous Deposits Student Activities
TOTAL

Balance July 1. 1955

Receipts For Year

Payments For Year

Balance June 30. 1956

$ 4,626.72 $ 23,429.16 $34,307.39

9,904.74

12,433.00

8,817.50

382.83

6.019.87

19.888.98 18.237.53

$ 20.934.16 $ 55.751.14 $61.362.42

$ (-)6,251.51 13,520.24 382.83 7.671.32
$ 15.322.88

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance
JulY 1955

R e c e i p t s ^ Expenditures

Balance
June 30, Transfers_______ 1956

Auxiliary Replacement Reserve

$16,709.19

Fire Safety Band House

300.00

Fire Safety Home Economics

100.00

Fire Safety Dining H a 11-Auditorium 1,450.00

Fire Safety Infirmary

200.00

Fire Safety Sanford Hall

1,000.00

Fire Safety Barnes Hall

300.00

Fire Safety Gymnasium

100.00

Fire Safety Business Admin.

300.00

Rehabilitation Academic

612.00

Utilities-Grading - Etc.

886.50

Rehabilitation Barnes Hall

900.00

Termite Treatments

1,008.00

New 2 Unit Apartment

4,366.82

Rehabilitation Barracks

Rehabilitation Business Admin.

Rehabilitation Faculty Housing

Rehabilitation Kitchen

Miscellaneous Small Jobs

Armory-Drill Ha 11-Gymnasium

Special Instructional Equipment

Architectural Settlement

Two New Duplexes

Fund Balance

2 693.74

$19,134.41
49,500.00 5,000.00 1,346.00
11,474.00 2,430.00

:$
168.00 96.85
34,976.09 797.85
1,008.00 11,295.16
8,703.20 1,116.65
510.00 1,723.95 1,614.41
5.00 9,674.10 2,429.36
377.90

$(-)11,631.00 (-)300.00 (-)IOO.OO
(-- )103.15
(->300.00 (-)IOO.OO (->300.00
(->600.00
1,928.34 8,703.20 (->229.35
960.00 2,604.00 2,114.41
5.00 235.00 (->.64
(->2.885.81

$24,212.60
1,282.00 1,000.00
15,135.91 88.65
300.00
450.00 880.05 500.00 2,034.90 (->377.90 (->192.07

csSsfe

$30,926.25 $88.884.41 $ 74.496.52 $

$45.314.14

262

NORTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 f 1956

BALANCE, JULY 1, 1955
ADDITIONS: Transfers from General Funds Transfers from Auxiliary Funds State Appropriation Loan From Regents TOTAL ADDITIONS
DEDUCTIONS: Buildings and Additions to Buildings Academic New 2 Unit Apartment Barracks Business Administration Faculty Housing Kitchen Two New Duplexes Fire Safety Dining Hall Fire Safety Infirmary TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
Improvements Other than Buildings Utilities
Equipment Furniture Barracks Instructional Equipment TOTAL EQUIPMENT
Indebtedness Retired University of Georgia Endowment Funds
Other Deductions Interest on Indebtedness
Other Expenditures Not Capitalized Architectural Settlement Termite Treatments Miscellaneous Small Jobs TOTAL NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1956

Funds for Plant
Additions

Funds for Debt Service

Total

$ 30.926.25 $

.... $ 30.926.25

$ 7,250.00 19,134.41 57,500.00 5.000.00
$119.810.66

$ 1,989.75
$1.989.75

$ 7,250.00 21,124.16 57,500.00 5.000.00
$121.800.41

$ 34,976.09 $ 11,295.16 1,052.40 1,116.65 510.00 1,723.95 377.90 168.00 96.85
$ 51.317.00 $

$ 34,976.09 11,295.16 1,052.40 1,116.65 510.00 1,723.95 377.90 168.00 96.85
$ 51.317.00

$

797.85 $

$ 797.85

$ 7,650.80 $ 9.674.10
$ 17.324.90 $

$ 7,650.80 9.674.10
$ 17.324.90

________ $1.017.23 $ 1.017.23
I_____________ $ 972.52 $ 972.52

$ 2,429.36 $ 1,008.00
1.619.41 $ 5.056.77 $

$ 2,429.36 1,008.00 1.619.41
$ 5.056.77

$ 74.496.52 $1.989.75 $ 76.486.27

$ 45.314.14 $

$ 45.314.14

263

NORTH GEORGIA COLLEGE

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

VALUE OF PLANT, JULY 1, 1955

$3,212,534.29

ADDITIONS
Expended from Plant Funds Expended from Educational & General Funds and Included in
Current Expenditures
Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority
TOTAL ADDITIONS

$ 69,439.75
12,865.75 522.61
________3.00

82.831.11

VALUE OF PLANT PLUS AD DITIONS, JUNE 30, 1956

$3,295,365.40

DEDUCTIONS Equipment Sold or Abandoned

2.500.00

VALUE OF PLANT, JUNE 30, 1956

$3,292,865.40

DEDUCT: Equity of University System Building Authority Due University of Georgia Endowment Funds

$750,914.66 31.400.26

782.314.92

INVESTMENT IN PLANT, JUNE 30, 1956

$2.510.550.48

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

LAND Old Campus New Campus Old Farm New Farm
TOTAL LAND
B. BUILDINGS Academic Price Memorial Business Administration Home Economics Military Science Library Auditorium-Dining Hall Gymnas ium Band House Barnes Hall Barracks Sanford Hall

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

$ 23,667.65 $

$

6,000.00

4,000.00

8.000.00

1 41.667.65 J __________ .$.

$ 122,620.45 $34,976.09 $

105,018.17

42,356.64

1,116.65

46,869.13

43,076.94

287,306.53

62,786.03

136,421.07

1,891.95

48,861.64

32,477.52

92,138.79

150,985.95

1,052.40

51,343.84

$ 23,667.65 6,000.00 4,000.00 8.000.00
41.667.65
$ 157,596.54 105,018.17 43,473.29 46,869.13 43,076.94 287,306.53 62,786.03 138,313.02 48,861.64 32,477.52 92,138.79 152,038.35 51,343.84

264

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment
Beginning Of Year______ Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED) Infirmary Military Garage Lewis Hall (USBA) Gaillard Hall (USBA) Three Maintenance Buildings Loggins House President's Home Three Janitor Homes 4 Unit Faculty Apartments Two Unit Faculty Apartments One Faculty Home Four F aculty Homes Three Faculty Homes Three Faculty Homes Six Faculty Homes Faculty Garage Warehous e Three Six Unit Apartments Four Farm Buildings Two New Duplexes TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks Lighting System Water System Sewer System Landscaping TOTAL IMPROVEMENTS
D. EQUIPMENT Administrative Office Physical Plant Library Instructional Departments Dormitories Dormitories (USBA) Dining Hall Farm Faculty Housing Canteen Veteran Housing TOTAL EQUIPMENT
TOTAL INVESTED IN PLANT

$ 23,565.59 $ 96.85 $

13,063.11

478,676.31

332,611.82

3.00

6,600.00

2,217.43

40,721.97

6.700.00

40,000.00

633.18 11,295.16

5,000.00

24.000. 00

39.000. 00

255.00

30.000. 00

255.00

53.000. 00

1,627.96

2.500.00

65,055.24
. 6 200.00

377.90

$2.393.435.31 151.320.00 $

$ 23,662.44 13,063.11
478,676.31 332,614.82
6,600.00 2,217.43 40,721.97 6.700.00 40,000.00 11,928.34 5,000.00 24.000. 00 39.255.00 30.255.00 53.000. 00 1,627.96 2.500.00
.65,055.24 6 200.00 _______ 377.90 $2.444.755.31

$ 55.000. 00 $ 26.000. 00 22,000.00 41,000.00 15.729.39
$ 159.729.39 $

797.85 $ 797.85 $

$ 55,797.85 26,000.00 22,000.00 41,000.00 15.729.39
$ 160.527.24

$ 20,316.78 $ 104.94 $

138,872.42

2,544.39

$ 20,421.72 141,416.81

82,657.96

3,732.79

86,390.75

192,476.42 16,157.73

208,634.15

38,236.33

7,650.80

2,500.00

43,387.13

68,784.51

68,784.51

43,226.84

43,226.84

1,822.17

1,822.17

10,098.39

10,098.39

17,242.63

522.61

17,765.24

3.967.49

3.967.49

$ 617.701.94 $30.713.26 $2.500.00 _JL 645.915.2

$3.212.534.29 $82.831.11 $2.500.00 $3 292.865.40

265

GEORGIA

STATE

COLLEGE

FINANCIAL REPORT

FOR WOMEN

For the Year Ended June 30, 1956

Georgia State College for Women Milledgeville, Georgia

267

I. CURRENT FUNDS A. GENERAL Cash in Banks Stores Inventory

GEORGIA STATE COLLEGE FOR WOMEN BALANCE SHEET JUNE 30, 1956 ASSETS
$ 61,997.72 13,954.06

TOTAL GENERAL FUNDS

$ 75,951.78

B. RESTRICTED

Cash in Bank Accounts Receivable

$(-)12,677.84 22.074.18

h

TOTAL RESTRICTED FUNDS

9,396.34

C. AUXILIARY ENTERPRISES

Cash in Bank

$ 12,212.95

Accounts Receivable

153.00

Stores Inventory

20.910.35

TOTAL AUXILIARY FUNDS

33.276.30



TOTAL CURRENT FUNDS

118,624.42

II. AGENCY FUNDS Cash in Bank

17,845.03

III.

ENDOWMENT FUNDS Cash in Bank Investments

10,227.53

U.S. Treasury Bonds

181,200.00

University System Building Authority Bonds

24,500.00

Other Bonds

6,750.00

GSCW Building - Parkhurst

128,353.57

Student Notes Receivable

12.697.50

353.501.07

1

TOTAL ENDOWMENT FUNDS

363,728.60

h

IV. STUDENT LOAN FUNDS

Cash in Bank

$ 8,560.08

Student Notes Receivable

$ 3,636.50

Investments

U.S. Treasury Bonds

23,225.00

University System Building Authority Bonds

6.500.00

33.361.50

p

TOTAL STUDENT LOAN FUNDS

41,921.58



268



GEORGIA STATE COLLEGE FOR WOMEN

BALANCE SHEET JUNE 30, 1956

LIABILITIES

I. CURRENT FUNDS A. GENERAL Outstanding Purchase Orders Unearned Income Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS

$ 2,008.26 13,780.00 13,954.06 46.209.46 $ 75,951.78

B. RESTRICTED

Fund Balance
C. AUXILIARY Unearned Income Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

9,396.34

$ 11,002.08 20,910.35 1.363.87

33.276.30 $ 118,624.42

17,845.03

$ 363,728.60

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance

$ 41,921.58

363,728.60

TOTAL STUDENT LOAN FUNDS

41,921.58

269

GEORGIA STATE COLLEGE FOR WOMEN

ASSETS (CONTINUED)

BALANCE SHEET JUNE 30, 1956

V. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 164,966.17

$ 262,369.65 3,282,921.56 332,677.12 1.328.648.11

5.206.616.44 $5.371.582.61 $5.913.702.24

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $6,271,100.

*c
270

GEORGIA STATE COLLEGE FOR WOMEN

BALANCE SHEET JUNE 30, 1956

LIABILITIES (CONTINUED)

V. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 164,966.17

B. EXPENDED Equity of University System Building Authority Due Other Funds Investment in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 336,656.53 128,353.57
4.741.606.34

5.206.616.44 $5.371.582.61 $5.913.702.24

GEORGIA STATE COLLEGE FOR WOMEN
Statement of Current Income For Year Ended June 30, 1956

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 Vocational Funds Division of General Education Baldwin County TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES Nursery School Kindergarten Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Beeson Bell and Annex Ennis Mayfair Sanford Terrell and Annexes TOTAL DORMITORIES
APARTMENTS & OTHER RENTALS Alumnae Guest House Miller Court Apartments Parkhurst Apartments Family Dwelling Units TOTAL APARTMENTS & OTHER RENTALS
LAUNDRY
STUDENT UNION
TOTAL AUXILIARY ENTERPRISES

General

Restricted

Income_________ Income_______ Total

$ 6,170.00 $ 76.279.00 6,520.00 34.424.00
4,189.75 96.00
$127.678.75 .$ .

$

6.170.00

76.279.00

6.520.00

34.424.00

4,189.75

96.00

$ 127.678.75

$447,800.00 $

$

389.09

8,551 .10

1,800.00

77.474.14

$449.989.09 $86.025.24 $

447,800.00 8,940.19 1,800.00
77.474.14 536.014.33

$ 2.846.00 $

$

1.810.00

3.282.67

$ 7.938.67 $ .......... $

$585.606.51 $86.025.24

2.846.00 1.810.00 3.282.67 7.938.67
671.631.75

$177.097.29 $

.... $

177.097.29

$ 13,044.73 $ 19,033.72 9,545.25 184.80
937.00 34.181.78 $76.927.28 $

$

13,044.73

19,033.72

9,545.25

184.80

937.00

34.181.78

$

76.927.28

$ 493.04 $

$

3,095.00

10,269.00

3.767.50

$17.624.54

______

$

$30.285.31 " $____________ $

494.04 3,095.00 10,269.00 3.767.50 17.624.54
30.285.31

$34.090.80 $

... . $

$336.025.22 J ______ ______

34.090.80 336,025.22

272

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT INCOME (CONTINUED)

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 Brown 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

$

$ 135.00 $

135.00

1.000.00

1.000.00

$

$1.135.00 $

1.135.00

$
$ $ $921.631.73

$ 25.00 $ 50.00
137.50 100.00 1,300.30 4,851.78
37.50 35.00 17.50 $6.554.58 $

25.00 50.00 137.50 100.00 1,300.30 4,851.78 37.50 35.00 17.50 6.554.58

$7.689.58 $ 7.689.58

$93.714.82 $1.015.346.55

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

And Waaes

Supplies & Expense

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL
Alumnae Office Comptroller's Office Pres id en t's Office Public Relations Registrar's Office General Expense
TOTAL ADMIN. AND GENERAL

$ 7,553.49 $ 19,616.11 15,942.51 9,077.49 10,242.37 15.223.14
$ 77.655.11 $

STUDENT WELFARE

Dean of Women

$ 7,746.57 $

Student Personnel

1,252.82

Placement Bureau

1,361.61

Health Service

11,548.78

Voluntary Religious Activity

3,050.00

Lake Laurel

1.453.63

TOTAL STUDENT WELFARE

$ 26.413.41 $

$ 6,632.19 17,967.53 14,191.65 6,804.33 9,578.78 1.913.59
$ 57.088.07

$

921.30

1,128.58

1,362.64

2,174.38

663.59

13.309.55

$ 19.560.04

$ 520.00 388.22 98.78
$ 1.007.00

$ 7,393.33 $ 1,215.88

220.74 $ 36.94

1,279.16

82.45

10,472.25

1,076.53

3,050.00

917.00

536.63

$ 24.327.62 $ 1.953.29 $

132.50 132.50

273

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

--

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Wacres

& Expense

Equipment

A. EDUCATIONAL & GENERAL (CONTINUED)

PHYSICAL PLANT OPERATIONS

$85,879.69 $

$ 45.282.23 $ 36.969.62 $ 3.627.84

LIBRARY

$ 31.540.83 $ .

INSTRUCTION

Art

9, 706.49

Biology

1 1 , 712.91

Business Administration

24, 975.85

Chemistry

, 10 153.00

Education

31, 599.05

English

29, 186.05

General Instruction Health & Physical Education

,11, 793.01
20 398.34

History

9, 187.61

Home Economics

28, 425.11

Home Management

684.36

Mathematics

8, 958.32

Music

30, 330.60

Nursery School

6 , 452.47

Peabody Practice School

15, 741.98

Physics

4, 259.76

Romance Languages & Literature 13, 125.56

Sociology

19, 265.03

Summer School

47__3_9_9_._1_2

TOTAL INSTRUCTION

$333.354.62

83,814.92 $ 83.814.92

$ 20.428.00 $ 1.143.52 $ 9.969.31

8,947.50 10,190.31 21,201.05 8,901.38 30,423.76 29,067.93 9,072.27 19.533.16 9,046.00 25.509.17
614.90 8,835.63 25,020.37 5,360.35 96,321.10 3,821.75 12,185.03 18,941.07 47.005.75 $389.998.48

758.99 1,132.60 1,675.50 1,251.62 1,175.29
118.12 2,720.74
865.18 141.61 2,441.78 69.46 122.69 1,885.36 989.37 2,537.56 288.51 503.89 272.96 393.37 $ 19.344.60

390.00 2,099.30
474.16
3,424.87 102.75 698.24 149.50 436.64 51.00
$ 7.826.46

RESEARCH

-62.4.33 $____________ $

60.33 $ 564.00 $

EXTENSION
Vocational Home Economics General Extension
TOTAL EXTENSION

$ 9,758.24 $ 7,473.00 $ 2,285.24 $

1,972.49_______

1.972.49

I __ 1.972.49 $ 9.758.24 $ 9.445.49 $ 2.285.24

TOTAL EDUCATIONAL & GENERAL

$557,440.48 $93,573.16 $546.630.22 $81.820.31 $22.563.11

TRANSFER To Plant Funds

35.000.00

TOTAL EDUC. & GENERAL DISBURS. $592,440.48 $93,573.16 $546,630.22

B. AUXILIARY ENTERPRISES DINING HALL

1166,918.97 $_____________ $ 41.298.83

RESIDENCE HALLS Atkinson Beeson

$ 340.17 $ 11,190.28

$ 189.51 7,556.20

$81.820.31 $22,563.11
$125.395.14 $ 225.00
$ 150.66 3,634.08

274

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies

Waqes

& Expense

Equipment

AUXILIARY ENTERPRISE (CONTINUED)

RESIDENCE HAULS (CONTINUED) Bell and Annex Ennis Sanford Terrell and Annexes TOTAL RESIDENCE HAULS

$ 15,343.62 $ 12,344.87 1,246.62
25.881.26 $ 66.346.82 $

$ 11,065.75 9,073.38 705.27
16.854.14 $ 45.444.25

$ 4,277.87 $ 3,271.49
541.35 9.027.12 $ 20.902.57 J -

APARTMENTS & OTHER RENTALS

Alumnae Guest House

$ 1,918.35 $

Miller Hall Apartments

1,770.20

Parkhurst Apartments

4,774.79

Family Dwelling Units

2.536.99

TOTAL APTS. & OTHER RENTALS $ 11.000.33 $

LAUNDRY

$ 30.516.10 $

STUDENT UNION

$ 32.692.17 $

$ 1,294.93 $

623.42 $

640.34

980.86

1,406.26

3,368.53

264.19

2.272.80

$ 3.605.72 $ 7.245.61 $

149.00 149.00

$ 23.923.68 $ 6.592.42 $

$ 6.490.25 $ 26.201.92 J _

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$307,474.39 i ___________ $120.762.73 $186.337.66 $

TRANSFERS TO:

Plant Funds-Debt Service

7,405.53

Plant Funds-Replacement Res.16.709.41

373.00

TOTAL AUXILIARY ENTERPRISE DISBURSMENTS

$331.589.33

STUDENT AID SCHOLARSHIPS

$ 9.346.00

TOTAL CURRENT EXPENDITURES

$864.914.87 $102.919.16 $667.392.95 $268.157.97 $22.937.11

275

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF OPERATIONS OF RESTRICTED FONDS For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL Baldwin County Vocational Home Economics TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID SCHOLARSHIPS J. L. Beeson Scholarship Fund Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Thomas E. Mitchell Fund Sylvester Mumford Memorial Fund Anna Brown Small Scholarship Fund Hallie C. Smith Scholarship Fund Blanche Tait Scholarship Fund Milledgeville Scholarships Thomaston Mills Scholarship Writer's Fund TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

Balance Beginninq Of Year

Receipts For Year

Disbursements For Year

Balance End of Year

$(->12,110.40 $ (-) 1.926.98
$(->14.037.38 $

77,474.14 $ 83,814.92

8.551.10

9.758.24

JL 86.025.24

93.573.16

$(->18,451.18 (->3.134.12
(->21.585.30

$ (->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 i- 10.563.88
$( ->3.473.50 $

25.00 $ 50.00 137.50 100.00 1,300.30 4,851.78 37.50 35.00 17.50 135.00 1,000.00
7.689.58 $

$
1,190.00 6,656.00
500.00 1,000.00 9.346.00 $

(->205.00 (->30.00
(->247.50 151.77
2,993.14 4,723.59 (->25.00 (->35.63 (->18.03
1,500.12 100.00
8.907.46

93.714.82 $ 102.919.16 $(->12.677.84

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June ;30, 1956

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Loan Funds Endowment Funds TOTAL TRUST FUNDS
TOTAL

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1956

$ 68,831.69 (->3,473.50 7.777.06
$ 73.135.25

$ 585,606.51 93,714.82
336.025.22 $1.015.346.55

$ 592,440.48 102,919.16 331.589.33
$1.026.948.97

$ 61,997.72 (->12,677.84
12.212.95 $ 61.532.83

$ 18.807.66 $ 69.460.80 $ 70.423.43 $ 17.845.03

$ 110.105.38 $ 104.709.41 $ 49.848.62 $ 164.966.17

$ 13,445.51 $ 4.760.32
$ 18.205.83

5,096.77 $ 12.447.53
17.544.30 $

6,129.32 $ 10.833.20
16_.962.52 $

12,412.96 6.374.65
18.787.61

$ 220.254.12 $1.207.061.06 $1.164.183.54 $ 263.131.64

276

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF TRUST FU ND BALANCES For Year Ended June 30, 1956

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts and Grants Transfer from Loan Funds Income on Investments TOTAL ADDITIONS
DEDUCTIONS Transfer to Restricted Funds Premium on Bonds Purchased Transfer to Endowment Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Fund

Loan Funds

Total Funds

$274.768.41 $126.689.30 $401.457.71

$ 520.00 88,440.19 6.698.20
$ 95.658.39

$ 1,157.36
2.821.41 $ 3.978.77

$ 1,677.36 88,440.19 9.519.61
$ 99.637.16

$ 6,698.20 $ 6.698.20

$ 306.32
88.440.19 $88.746.51

$ 6,698.20 306.32
88.440.19 $ 95.444.71

$363.728.60 $41.921.56 $405.650.16

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1956

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End of Year

ENDOWMENT FUNDS J. L. Beeson Scholarship Fund Corrie Hoyt Brown Fund Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Agnes Green Martin Scholarship Fund Thomas E. Mitchell Fund Sylvester Mumford Memorial Sch. Fund Anna Brown Small Fund Hallie C. Smith Scholarship Fund Blanche Tait Scholarship Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS Atlanta-GSCW Loan Fund Earl Bailey Loan Fund Callie C. Bell, DAR Fund Philo S. Bennett Fund Lizzie D. W. Bridges DAR Fund Corrie Hoyt Brown Fund GSCW Student Defense History Club L. Morel Loan Fund

$ 1,409.80
2,352.63 10,728.06
4,000.00 200.00
52,036.09 200,083.90
2,121.81 1,169.78
666.34 $ 274.768.41

$ 25.00 88,746.51 50.00 142.50 100.00 500.00 1,300.30 4,995.40 37.50 45.00 22.50 $95.964.71

$ 25.00 306.32 50.00 137.50 100.00
1,300.30 4,995.40
37.50 35.00 17.50 $ 7.004.52

$ 1,409.80 88,440.19 2,352.63 10,733.06 4,000.00 700.00 52,036.09
200,083.90 2,121.81 1,179.78 671.34
$ 363.728.60

129.26 500.71 256.27 1,195.38 200.00 85,570.24 725.00 267.15 2,472.75

$ 25.00
3,176.27 37.50

88,746.51

129.26 500.71 256.27 ,220.38
200.00
725.00 267.15 .510.25

277

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

LOAN FUNDS (CONTINUED)
Sylvester Mumford Loan Fund Alice W. Shinholser #1 Alice W. Shinholser #2 Jos. M. Terrell Loan Fund Thomaston Mills Loan Fund Fannie Trammell D.A.R. Fund Grace Beatty Watson
TOTAL LOAN FUNDS

Fund Balance Beginning
Of Year Additions

Deductions

Fund Balance End of
Year

$ 3,711.67 1,721.15 1,577.61
12,557.99 7,937.92 7,677.85 188.35
$ 126.689.30

$ 75.00 25.00 25.00
250.00 210.00 155.00
$ 3,,978.77

$ $88,746.51

$ 3,786.67 1,746.15 1,602.61
12,807.99 8,147.92 7,832.85
188.35 41.921.56

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Hospitalization G Insurance Account Student Bank Student Activities Account
TOTAL AGENCY FUNDS

Balance Beginning Of Year

Receipts For Year

Disbursements For Year

Balance End of
Year

$ 5,571.03 $ 8,049.27 $ 3,028.45 40,557.75
10.208.18 20.853.78
$18,807.66 $69,460.80 $

8,458.87 42,302.76 19.661.80

$ 5,161.43 1,283.44
11.400.16

70.423.43 $ 17.845.03

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Funds for Plant
Additions

BALANCE, BEGINNING OF YEAR

$ 94.098.46

ADDITIONS:

Transfers from Auxiliary Funds

$

Transfers from Educational & General Funds 35,000.00

Board of Regents, University System

of Georgia

53.000.00

TOTAL ADDITIONS

$ 88.000.00

DEDUCTIONS:
Expended for Plant Additions Buildings and Additions to Buildings
Beeson Hall Chappell Hall Alumnae Guest House

1,136.96 1,215.07 1,469.16

Funds For Debt Service
$7,405.53
$7,405.53

Funds for Replacement And Repairs $ 16.006.92 $ 16,709.41
$ 16.709.41
$

Total Funds $110,105.38
$ 24,114.94 35,000.00 53.000.00
$112,114.94
$ 1,136.96 1,215.07 1,469.16

278

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds for Plant
Additions

Funds For Debt Service

Funds for Replacement And Repairs

Total Funds

DEDUCTIONS: (CONTINUED)

Expended for Plant Additions (Continued)

Buildings and Additions to Bldgs. (Cont.)

Sanford Hall

$ 1,072.41 $

Mayfair Parks Memorial Hospital

2,430.22 1,770.15

Parks Hall

5,150.25

Sidney Lanier Hall

4,180.93

Atkinson Hall

6,661.13

Russell Library

11,820.93

Porter Hall Annex Go v e r n o r 's Mansion

729.75 132.23

Education Building New Nursery School Steam & Hot Water Lines

2,078.83 103.15
4,227.12

Improvements Other Than Buildings

Equipment

5.670.33

TOTAL EXPENDED FOR PLANT ADDITIONS

$ 49.848.62 $

$

$ 1,072.41

2,430.22

1,770.15

5,150.25

4,180.93

6,661.13

11,820.93

729.75

132.23

2,078.83

103.15

4,227.12

5.670.33

$

....... $ 49.848.62

LOAN REPAID Endowment Funds

$

$4.094.33 $

$ 4.094.33

OTHER DEDUCTIONS Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1956

$

$3.311.20 $

_____ $ 3.311.20

$49.848.62 $7.405.53 $

$ 57.254.15

$132.249.84 $

$ 32.716.33 $ 164.966.17

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1956
VALUE OF PLANT, JULY 1, 1955
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expense Statement Expended from Auxiliary Enterprise Funds and Included in Current Expense Statement Buildings Constructed by University System Building Authority
TOTAL ADDITIONS
VALUE OF PLAN); JUNE 30, 1956

$5,098,612.16
$ 49,848.62 22,563.11 374.00 35,218.55 !08,004.28 $5,206,616.44

279

GEORGIA STATE COLLEGE FOR WOMEN SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
DEDUCT: Loan Payable to Endowment Funds Equity of University System Building Authority
TOTAL DEDUCTIONS
NET INVESTMENT IN PLANT, JUNE 30, 1956
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

$128 353 57 336*656 53
$ 465.010.10 $4.741,606.34

A. LAND

Main Campus - 1%. Acres

Ennis, Mansion - 3 Acres

Mayfair Lot

Peabody Lot -

Acres

Boddie Lot - Peabody

Rivers Lot - Peabody

Gilbert Park

Lot - Wilkinson& Montgomery

Lot - Columbia & Green

Humber Lot

Sanford Hall Lot

Government Park

Lot - Montgomery & Wayne

Barnes Lot

Montgomery Street Lot

Gilstrap Lot

Nursery School Lot

Lake Laurel Area

Camp Ray

Lot - Montgomery Street

Lot - Wilkinson Street

Lot - Wilkinson & Montgomery TOTAL LAND

B. BUILDINGS
Sidney Lanier Hall Atkinson Hall Beeson Hall
Bell Hall and Annex Chappell Hall
Education Building Ennis Hall
Health & Physical Education Building Home Management House Russell Library

Investment Year Beginning Aec[uir^ed__0f Year

Investment End of
Additions_______Year

1939 1937 1940 1946 1945 1946 1947 1944 1937
1934 1944 1948 1944 1950 1938 1941 1951 1951 1952
1927 I897 1937 1925 1908 1927 1913 1939 1947 1928

$ 110,0 0 0 .0 0 $ 50,000.00 7,500.00 6 ,0 0 0 .0 0 700.00 1,800,00 10,0 0 0 .0 0 4,500.00 5,000.00 3,500.00 6 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 4,500.00 2 ,0 0 0 .0 0 3,000.00 2 ,0 0 0 .0 0 2,500.00 7,500.00 7,500,00
8,213.00
3,156.65 7.000.00 $ 262.369.65 $

$ 1 1 0 ,0 0 0 .0 0 50,000.00 7,500.00 6 ,0 0 0 .0 0 700.00 1,800.00 10,0 0 0 .0 0 4,500.00 5,000.00 3,500.00 6 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0 4,500.00 2 ,0 0 0 .0 0 3,000.00 2 ,0 0 0 .0 0 2,500.00 7,500.00 7,500.00
8,213.00
3,156.65 7.000.00 $ 262.369.65

$ 106,952.69 213,466.19 129,468.35 234,576.40 112,631.26 57,395.70 134,420.18 153,058.86 37,500.00 99,431.80

$ 4,180.93 6,661.13 1,136.96 1,215.07 2,078.83
7,520.93

$ 111,133.62 220,127.32 130,605.31
234,576.40 113,846.33
59,474.53 134,420.18 153,058.86 37,500.00 106,952.73

280

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning Of Year

Investment End of
Additions_______ Year

B. BUILDINGS (CONTINUED) Alumnae Guest House Governor's Mansion
Mayfair Miller Hall Parkhurst Apartments
Parks Hall Parks Memorial Hospital
Peabody High School Peabody Elementary School Porter Hall and Annex Russell Auditorium
Sanford Hall Charles F. Herty Hall (Science Building
Building Authority)
Terrell Hall Terrell Hall Annex A Terrell Hall Annexes B & C Log Hut (Nesbit Woods)
Lake Laurel House Utility Building (Maintenance)
Gilstrap House Nursery School Georgia House Residence (Wilkinson & Montgomery) Residence (Wilkinson Street)
TOTAL BUILDINGS

1898 1891 1939 1943 1949 1925 1929 1927 1939 1939 1928 1939
1954 1909 1922 1922 1924 1938 1944 1950 1950 1952
1952

C. IMPROVEMENTS OTHER THAN BUILDINGS
Electric Water Coolers Tennis Courts Landscaping & Shrubbery
Campus Bell System Heating System Campus Electrical System
Water System Swimming Pool Well - Lake Laurel Spillways - Lake Laurel
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$

7 5 , 034.18 $ 1 , 469. 16 $ 91, 020.95

76, 503.34 91, 020.95

2 3 , 744.56 2 , 430. 22

26, 174.78

50, 000.00

50, 000.00

157, 502.33

157, 502.33

154, 447.95 5 , 150. 25

159, 598.20

5 1 , 827.63 1 , 770. 15

53, 597.78

50, 405.47

50, 405.47

130, 000.00

130, 000.00

108, 100.00

108, 100.00

116, 975.00

116, 975.00

151, 308.29 1 , 072. 41

152, 380.70

322, 671.74 142, 148.05 62, 707.62 138, 207.62
3 , 500.00
10, 511.11 50, 000.00
5, 000.00 6 , 000.00 15, 001.60 11, 6 00.00 6 ,,2 9 8 .29 $3 ,,212. 913.82

3 5 , 218. 55
103.15 $ 70. 007,.74

357, 890.29 142, 148.05 62, 707.62 138, 207.62
3 , 500.00
10, 511.11 50, 000.00
5 , 000.00 6 , 103.15 15, 001.60 11, 600.00 6 . 298.29 $3 . 282. 921,56

$ 3 , 500.00 $ 2 ^750.00

$ 3 , 500.00 2, 750.00

13, 000.00

13, 000.00

1, 500.00

1, 500.00

200, 000.00

200, 000.00

46, 000.00 4,300 .00

50, 300.00

19, 000.00 4,227 .12

23, 227.12

25, 000.00

25, 000.00

4, 000.00

4 , 000.00

9 . 400.00

9 . 400.00

JL $ 324. 150.00 $ 8.527 .12

332. 677.12

281

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

ADD IT I 0 N S Educational
& General Auxiliary

Plant Funds

Investment End of Year

EQUIPMENT

Administrative Offices Physical Plant

$ 27,120.17 $ 1,139.50 $

213,585.55

3,627.84

Library

287,045.03

9,969.31

Instructional Departments

279,551.70

7,826.46

Science Bldg. (Bldg. Auth.)

16,283.63

Organized Research

5,021.39

Extension Office

1,528.95

Cafeteria

16,028.77

Dining Hall & Kitchen

141,367.26

Laundry

48,553.17

Parkhurst Apartments Residence Halls Student Union Parks Memorial Hospital Related Activities Campus Equipment
TOTAL EQUIPMENT

11,643.94 201,234.98
27,390.49 10,766.54
7,265.52 4.791.60 $1,299,178.69 $ 22.563.11 $

225.00
149.00 374.00

$ 563.45 132.23
5,451.63
385.00 $6,532.31

$ 28,823.12 217,345.62 297,014.34 292,829.79 16,283.63 5,021.39 1,528.95 16,028.77 141,592.26 48,553.17 11,643.94 201,234.98 27,390.49 11,151.54 7,414.52 4.791.60
$1,328,648.11

TOTAL INVESTMENT IN PLANT $5,098,612.16

$108,004.28

$5,206,616.44

282

GEORGIA

TEACHERS COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1956
Georgia Teachers College Collegeboro, Georgia

283

GEORGIA TEACHERS COLLEGE

BALANCE SHEET JUNE 30, 1956

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Veterans Administration Bulloch County Travel Reimbursement (State Dept. Educ.) TOTAL GENERAL FUNDS

B. AUXILIARY Cash in Bank U.S. Treasury Notes

TOTAL AUXILIARY

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank

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

TOTAL PLANT FUNDS

TOTAL ASSETS

ASSETS

$ 29,950.43

$ 609.95 8,617.20

301.72

9.528.87 $ 39,479.30

$ 80,582.33 100.0 0 0 .0 0

180.582.33 $ 220,061.63

25,559.81

113,062.04

$ 48,899.00 1,895,621.36

50,001.78 595.082.14

2.589.604.28

2.702.666.32

$2.948.287.76

NOTE: Buildings are valued at cost. Based had a sound value of $3,138,300.

an appraisal made during 1953-54, buildings

284

GEORGIA TEACHERS COLLEGE

BALANCE SHEET JUNE 30, 1956

LIABILITIES

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

$ 5,048.54 1,522.24
19,949.00 12.959.52

TOTAL GENERAL FUNDS
B. AUXILIARY Purchase Orders Outstanding Unearned Income Surplus TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority Net Investment in Plant

$ 39,479.30

$ 2,476.56 9,162.00
168.943.77

180.582.33 $ 220,061.63

25,559.81

$ 113,062.04

$ 875,112.17 1 ,,714.492.11

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES, SRUB AND FUND BALANCES

2.589.604.28 2.702.666.32
$2.948.287.76

285

GEORGIA TEACHERS COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Fees Summer School Other Fees and Income TOTAL STUDENT FEES
SALES AND SERVICES Nursery School
OTHER SOURCES Property Rentals General Extension
TOTAL OTHER SOURCES
PUBLIC APPROPRIATIONS State of Georgia Bulloch County
TOTAL PUBLIC APPROPRIATIONS
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Cone Hall East Hall Lewis Hall Stanford Hall Auxiliary Housing West Hall
TOTAL DORMITORIES
DINING HALL
FARM
INTEREST INCOME
TOTAL AUXILIARY INCOME
TOTAL CURRENT INCOME

$101,770.61 6,557.84 8,825.00
34,536.00 5,,658.95

$157,348.40

3,078.00

$ 300.00 1.125.00

1,425.00

$333,200.00 50.028.66

383.228.66

$545,080.06

$ 44,229.16

$ 14,880.14 12,950.30 10.128.24 16,861.68 5,683.75 12.756.25

73,260.36

185,210.06

22.25

1.706.05

304.427.88

$849.507.94

GEORGIA TEACHERS COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
Business Office President's Office Public Relations Registrar's Office General Expense TOTAL ADMINISTRATIVE AND GENERAL
STUDENT WELFARE Dean of Women Placement Bureau Health Service Counseling & Guidance
TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean of the College Art Biology Chemistry Commerce Education English Home Economics Industrial Arts Marvin Pittman School Mathematics Music Physics Physical Education Social Science Speech Summer School
TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPENDITUES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS

Total

Salaries & Waaes

Operating Supplies & Expense

Equipment

$ 13,824.87 $ 13,180.92 $ 206.96 $

13,270.56

13,116.63

133.93

4,450.63

3,644.86

805.77

6,758.08

6,331.33

226.75

23.528.71

23.528.71

$ 61.832.85 $ 36,,273.74 $24,902.12 $

436.99 20.00
200.00
656.99

$ 5,081.65 $ 4,801.08 $ 280.57 $

1,676.40

1,625.00

51.40

4,928.88

4,481.50

447.38

6.316.57

5.689.17

432.65

$ 18,,003.50 $ 16.596.75 $ 1 .2 12 .0 0 $

194.75 194.75

$ 70,302.04 $ 33.920.83 $30,239.07 $ 6.142.14

$ 28,,607.13 $ 21.137.21 $ 365.57 $ 7.104.35

$ 7,475.01 9,887.50
10,853.42 6,914.83 14,328.94
32,541.64 23,177.82 21,706.72 17,902.01 78,786.33
6,782.35 22,244.12
5,666.89 25,572.33 22,054.25
4,306.65 34.420.73 $344,621.54

$ 7,136.00 8,943.92 9,820.42 5,469.42
11,769.17 32,043.88 22,644.81 17,619.13 15,113.38 74,176.20
6,705.96 19,812.84
4,707.92 19,002.30 21,779.74
4,179.96 34.317.35 $315,242.40

$ 339.01 613.21 833.50
1,445.41 704.77 310.76 132.20
2,626.22 1,414.92 3,139.81
76.39 1,200.08
722.22 2,836.66
274.51 6.72
103.38 $16,779.77

$ 330.37 199.50
1,855.00 187.00 400.81
1,461.37 1,373.71 1,470.32
1,231.20 236.75
3,733.37
119.97
$12,599.37

$523,367.06 $423,170.93 $73,498.53 $26,697.60

$ 21.000.00 $544.367.06

GEORGIA TEACHERS COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Cone Hall East Hall Lewis Hall Sanford Hall West Hall Auxiliary Housing
TOTAL DORMITORIES
DINING HALL
FARM (Campus Acct.)
TOTAL AUXILIARY EXPENDITURES
TRANSFERS TO: Plant Funds-Regular Account Plant Funds-Replacement Reserve
TOTAL CURRENT EXPENDITURES

Total

Salaries & Waqes

Operating Supplies Expense

Equipment

$ 44.207.50 $ 4.281.21 $ 38,916.18 $1 .0 1 0 .1 2

$ 14,884.89 10,165.13 8,534.03 15,353.36 9,823.56 5.262.31
$ 64.023.28

$ 9,368.57 6,523.94 5,765.77 9,330.38 6,292.37 2.346.91
$ 39.627.94

$ 4,924.33 3,304.75 2,548.33 5.679.40 3,246.78 2.915.40
$ 22.618.99

$ 591.99 336.44 219.93 343.58 284.41
$1.776.35

$136.520.58 $ 31.632.35 $ 99.746.76 $5.141.47

$ 4.315.35 $ 4.233.68 $

81.67 $

$249,066.71 $ 79,775.18 $161,363.59 $7.927.94

13,488.10 13.377.42 $275.932.23
$772.433.77 $502.946.11 $234.862.12 $34.625.54

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTALS

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

$ 29,237.43 $ 545,080.06 $ 544 ,367.06 $ 29,950.43

52.086.68

304.427.88

275,.932.23 80.582.33

1 81.324.11 $ 849.507.94 $ 820,,299.29 $110.532.76

i. 17.263.71 $ 157.617.67 $ 61,,819.34 $113.062.04

L 18.026.15

68.014.24 $ 60,,480.58 $ 25.559.81

L 116.613.97 $1.075.139.85 $ 942,,599.21 $249.154.61

288

Student Activities Student Bank Application Deposits
TOTAL

GEORGIA TEACHERS COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Cash Balance Receipts for

July 1. 1955

Year

Disbursements Cash Balance For Year June 30. 1956

$ 2,215.93 $ 3,135.22 12.675.00
$ 18.026.15 $

22,326.05 $ 36,748.19
8.940.00
68.014.24 $

20,060.53 $ 35,740.05
4:680.00
60.480.58 $

4,481.45 4,143.36 16.935.00
25.559.81

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

ance v 1. 1955

Receipts Disbursements

Transfers June 30. 1956

Library (Fire)

$

578.22 $

$

Admin. Bldg. (Fire)

99.29

Biology Bldg. (Fire)

300.00

East Hall (Fire)

134.18

Lewis Hall (Fire)

150.00

Sanford Hall Repair

(-)1.36

West Hall (Fire)

826.37

Health Cottage (Fire)

572.00

President's Home

62.14

Water Lines

27.93

Elec. Service (New Gym)

257.49

Elec. Service (New Master Feed Bank)
Replacement Reserve Library Structural Lab. School Structural Deep Well System Art Dept. Equipment Biology Dept. Equipment Chemistry Dept. Equipment Commerce Dept. Equipment Home Ec. Dept. Equipment Music Dept. Equipment Physics Dept. Equipment Phy. Educ. Dept. Equipment Admin. Offices Equipment

299.00 13,958.45

3 5 ,000.00 10 ,000.00 20 ,000.00
400.00 1 ,200.00
500.00 1 ,000.00
900.00 2 ,000.00
250.00
750.00 1 ,000.00

Sanford Hall Furniture

Admin. Offices Cooling

9 ,000.00

East Hall-Lewis Hall Furniture

1,488.10

Warehouse

35,000.00

Conversion to Natural Gas

24,000.00

Sale of Assets

1,752.15

Transfer 5% to Aux. Res.

__

13.377.42

TOTALS

1 17.263.71 $157.617.67 $

$

$

243.29

6.37
256.20 404.15

(--)134. 18 1. 36
(-)2 2 .14 154. 96

578.22 (-1144.00
300.00
143.63
570.17 167.85
40.00 182.89 257.49

28,,163.89 4,,699.11 17,,276.72 400.00 1,,382.96 500.00 922.05 486.55 2 ,436.80

(-)17,108. 45

766.33 945.00 2 ,731.16

3,150,.00 13,958 .45

198.76

61,819.34 $

299.00 (- )3,150.00
6 ,836.11 5,300.89 2,723.28
(-1182.96
77.95 413.45 (-1436.80 250.00 (-116.33
55.00 418.84 9,000.00 15,446.55 35,000.00 23,801.24 1,752.15 13.377.42 $ 113.062.04

289

GEORGIA TEACHERS COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE JULY 1, 1955
INCOME From State of Georgia Sale of Assets
TOTAL INCOME
TRANSFERS FROM: Educational & General Auxiliary Enterprise Auxiliary Reserve Fund
TOTAL TRANSFERS
TOTAL INCOME AND TRANSFERS
TOTAL FUNDS AVAILABLE
DEDUCTIONS IMPROVEMENTS OTHER THAN BUILDINGS Deep Well #2 Conversion to Natural Gas TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
BUILDINGS AND ADDITIONS Administration Building Lewis Hall West Hall Health Cottage Library Structural Pittman School Structural
TOTAL BUILDINGS AND ADDITIONS
EQUIPMENT Art Department Biology Department Chemistry Department Commerce Department Home Economics Department Music Department Physical Education Department Administrative Offices Sanford Hall
TOTAL EQUIPMENT
TOTAL DEDUCTIONS
BALANCE JUNE 30. 1956

$ 17,263.71

$108,000.00 1.752.15 $109,752.15

21, 000.00
13,488.10 13,377.42

47.865.52 157,617.67 $174,881.38

17,276.72 198.76 $ 17,475.48

243.29 6.37
256.20 404.15 28,163.89 4.699.11

33,773.01

400.00 1,382.96
500.00 922.05 486.55 2,436.80 766.33 945.00 2.731.16

10.570.85 61,819.34
$113,062.04

>Ip

290

GEORGIA TEACHERS COLLEGE

VALUE OF PLANT JULY 1, 1955

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

$2,422,047.09

ADDITIONS DURING YEAR Expended from Plant Funds Expended from EGG and included in Current Expenditures Expended from Auxiliary and included in Current Expenditures Buildings & Contents Constructed by University System
Build ing Authority TOTAL ADDITIONS DURING YEAR

oZ'Lv/Zn 26,697.5U
7,927.94
77.022.31

VALUE OF PLANT JULY 1, 1955 PLUS ADDITIONS

173.467.19 $2,595,514.28

DEDUCTIONS DURING YEAR Farm Houses Disposed Of Plans New Gym
TOTAL DEDUCTIONS
TOTAL INVESTMENT IN PLANT JUNE 30, 1956
DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN PLANT

5,850.00 60.00

5.910.00

$2,589,604.28

875.112.17

$1.714.492.11

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

A. LAND Campus Off-Campus TOTAL LAND

1907 1907

29.774.00 19.125.00 ft 48.899.00 $

B. BUILDINGS Administration Marvin Pittman School Business Music Building New Science Building Old Science Building Library East Hall Lewis Hall Sanford Hall West Hall Cone Hall Anderson Hall & Dining Hall Gymnasium Industrial Arts

1907 1937-53 1932-53 1947 1936 1937 1907 1937 1937 1907 1954 1932 1932 1948

$ 166,037.94 :$ 243.29

408,978.80

4,699.11

37,176.17

15,926.28

12,179.73 42,361.03

28,163.89

66,877.84 63,289.06

6.37

85,637.70 61,829.36

256.20

351,857.57

30,000.00

46,725.13

36,022.50

29.774.00 19.125.00 $ 48,899.00
$ 166,281.23 413,677.91 37,176.17 15,926.28 12,179.73 70,524.92 66,877.84 63,295.43 85,637.70 62,085.56 351,857.57 30,000.00 46,725.13 36,022.50

291

GEORGIA TEACHERS COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Health Cottage Store-Post Office Warehouse Home Mgr. (Mulberry) President's Old Home Sycamore Cottage Paige House Pecan Cottage Phy. Educ. Building The Oaks Veteran Apartment A Veteran Apartment C Yellow Cottage Watchman's Cottage Farm House Cook's House Burden Shanty Johnson Shanty Johnson Farm House Johnson Feed Barn Farm House No. 1 Farm House No. 2
Pump House Reel House President's Home Nursery School
TOTAL BUILDINGS
C. IMPROVEMENTS OTHER THAN BUILDINGS Swimming Pool Deep Well #1 Deep Well *2 Stadium Landscaping Plans New Gym Gas Conversion TOTAL OTHER IMPROVEMENTS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments M.S. School (USBA) Dormitories Dormitories (USBA) Dining Hall

Year Acquired

Investment Beginning
Of Year

Additions

Investment End of Year

1936 1936 1935 1934 1935 1938 1939 1935 1955 1935 1947 1947 1925 1938 1934 1935 1935 1935 1944 1944 1935 1935 1938 1938 1954 1953

$ 5,536.02 2 ,000.00 2 ,000.00
13,557.90 6 ,000.00 5,000.00 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
500.00 500.00 300.00 3,000.00 750.00 500.00 300.00 300.00 200.00 49,827.38 30.259.02
11,822.700.49

$ 404.15 44,997.86
$ 78.7Tj.87

$
500.00 500.00 300.00 3,000.00 750.00 500.00 300.00
$ 5,850.00

$ 5,940.17 2 ,000.00 2 ,000.00
13,557.90 6 ,000.00 5,000.00 5,000.00 4,000.00 287,268.92 3,500.00 5,000.00 5,000.00 4,500.00 3,500.00 4,500.00
300.00 200.00 49,827.38 30.259.02 $1.895.621.36

1930-53 1938 1956 1950

$ 14,647.59 $

$

12,118.99

2,803.76

17,276.72

2,955.96

60.00

198.76 L . 32.586.30 $ 17.475.48 $

$
60.00 60.00 $

14,647.59 12,118.99 17,276.72 2,803.76 2,955.96
198.76 50.001.78

$ 16,543.98 $ 1,796.74 $

88,790.87

8,743.35

94,599.55

7,104.35

148,054.25 19,494.06

18,891.53

70,488.86

4,507.51

28,652.34

32,259.56

5,141.47

$ 18,340.72 97,534.22
101,703.90 167,548.31
18,891.53 74,996.37 28,652.34 37,401.03

292

GEORGIA TEACHERS COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End of Year

D. EQUIPMENT (CONTINUED) Farm (Trans, to Phy. Plant) President's Home Store New Gym (USBA) TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 2,601.21 $

$ 2,601.21 $

4,500.00

4,500.00

12,479.15

1 ,0 1 0 .1 2

13,489.27

32.024.45

32.024.45

$ 517.861.30 $ 79.822.05 $ 2.601.21 $ 595.082.14

*2.422.047.09 S176.068.40 $ 8.511.21 S2.589.604.28

293




VALDOSTA STATE COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1956
Valdosta State College Valdosta, Georgia

295

VALDOSTA STATE COLLEGE BALANCE SHEET JUNE 30, 1956
ASSETS

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

$ 22,741.16

TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank and on Hand Stores (Inventory)

$ 22,741.16
$ 25,020.36 7,130.43

TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS

32.150.79 $ 54,891.95

II. AGENCY FUNDS Cash in Bank

14,757.30

III.

ENDOWMENT FUNDS Cash in Bank Notes Receivable Investments
U.S. Bonds Common Stocks
TOTAL ENDOWMENT FUNDS

$
$ 6,910.00 1.943.04
------

2,959.36 659.00
8.853.04

12,471.40

IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments - U.S. Bonds University System Building Authority TOTAL STUDENT LOAN FUNDS

$ 5,366.34 2,462.00 148.00 2.024.33

10,000.67

V. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 55,282.18

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

$ 257,500.00 2,023,021.87 72,025.82 384.951.14

2.737.498.83

2.792.781,01

$2,884,902.33

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $2,561,100.

296

VALDOSTA STATE COLLEGE

BALANCE SHEET JUNE 30, 1956
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Reserve for Stores Unearned Income Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 1,309.40 11,814.55 9.617.21 $ 22,741.16

$

523.15

7,130.43

1,953.90

22.543.31

32.150.79 $ 54,891.95

II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

$ 12,471.40

14,757.30

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of the University System Building Authority Net Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 10,000.67

12,471.40

10,000.67

$ 55,282.18

$ 537,875.50 2,199,623.33 2.737.498.83 2.792.781.01 $2.884.902.33

297

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Health Service Summer School Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia

VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

OTHER SOURCES Transfer University of Georgia
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES
BOOKSTORE
LAUNDRY
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

$ 54,713.14 1,371.13 4,713.60
16,887.80 4.506.50

$ 82,192.17

$214.100.00 214,100.00
1 .000.00 $297,292.17

67,314.51

$ 6,272.00 10,445.50 7.564.50

24,282.00

17,542.49

5.156.50

$114,295.50

$411,587.67

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL President's Office Comptroller's Office Registrar's Office Publicity Department General Expenses TOTAL ADMINISTRATIVE AND GENERAL

Total

Obiect Classification

Salaries Operating

and

Supplies

Wages

& Expense Equipment

$15,715.93 15,003.98 9,226.22 6,854.58 9.701.56
$56,502.27

$14,849.34 13,792.90 7,620.71 5,554.28 136.80
$41,954.03

$ 644.37 858.38 553.16
1,226.31 9.564.76 $12,846.98

$ 222.22 352.70
1,052.35 73.99
$ 1.701.26

298

VALDOSTA STATE COLLEGE STATEMENT OC CURRENT EXPENDITURES (CONTINUED)

____________________ Object Classification______

Salaries

Operating

and

Supplies

Total_______ Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED) STUDENT WELFARE Dean of Men Dean of Women Student Hospital TOTAL STUDENT WELFARE

$ 300.00 $ 3,564.99 5.182.39
$ 9.047.38 $

300.00 $

$

3,276.60

288.39

4.942.22_______240,17

8.518.82 $

528.56 $

PLANT OPERATIONS
LIBRARY
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

$ 57.289.55 $ 25.669.56 $ 29,379.60 $ 2,240.39

$ 13.798.47 $ 9.017.48 $

96.12 $ 4,684.87
9r '

$ 600.00 6,331.50 12,445.39 6,883.73 16,557.06 12,755.09 4,644.06 11,931.35 5,383.29 10,460.66 12,456.18 7,105.80 23,087.27 4,874.19 10.810.00
$146.325.57

$ 600.00 5,645.60 10.792.50 6.435.00 15,137.22 12.350.00 4,157.20 10.452.50 5,302.75 9,577.56 10,874.08 5,717.90 22.450.00 4.605.00 10.810.00
$134.907.31

444.64 693.00 372.07 815.72 405.09 486.86
93.83 80.54 836.35 1,072.96 300.45 266.75 269.19
$ 6.137.45

241.26 959.89
76.66 604.12
1,385.02
46.75 509.14 1,087.45 370.52
$ 5.280.81

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES $282,963.24 $220.067.20__ $ 48,988.71-- $13,907.33

TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSMENTS
B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Senior Hall TOTAL DORMITORIES
BOOKSTORE
DINING HALL
LAUNDRY

22.700.00 $305,663.24

$ 7,630.59 $ 5,151.39 $ 2,479.20 $

8,489.29

5,608.30

2,880.99

4.398.71

2.623.20

1.775.51

$ 20.518.59 $ 13.382.89 $ 7.135.70 $

$ 15.840.65 $ 385.75 $ 15.454.90 $

$ 56.977.52 $ 20.175.80 $ 36.801.72 J _________

$ 3.227.91 $ 124.50 $ 3.103.41 _________

299

VALDOSTA STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) SOCIAL SECURITY
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL AUXILIARY EXPENDITURES

Total

v/uieci uiassnicat]ion

Operating

Salaries

Supplies

& Waaes

& Expense

Equipment

$ 457.86 $ 457.86 J _____

$

$ 97,022.53 $ 34.526.80 $ 62.495.73 $

7.217.00 $104,239.53 $379,985.77 $254,594.00 $111,484.44 $13,907.33

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956

BALANCE OF PRINCIPAL, JULY 1 , 1955 ADDITIONS:
Income on Investments and Interest BALANCE OF PRINCIPAL, JUNE 30, 1956
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1956

Endowment Funds

Loan Funds

$12,098.65 $ 9.549,.37

$ 372.75 $ 451.,30 $12,471.40 $1 0 ,000.67

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

Balance Beginninq Of Year

Balance End Additions Deductions Of Year

$ 2,059.36 7,527.04 2.512.25
$12,098.65

$

$

158.25

214.50

372.75 _i___ n

$ 1,142.83 $

$

3,527.45

436.67

2,308.09

14.63

72.60

150.04

$ 2,059.36 7,685.29 2.726.75
$12,471.40
$ 1,142.83 3,964.12 2,322.72 72.60 150.04

300

1
Vi'


VALDOSTA STATE COLLEGE

STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Balance Beginning Of Year

Additions

Deductions

Balance End Of Year

LOAN FUNDS (CONTINUED) Archie Griffin U.D.C. (Brooks County) Class of 1922 Louise Sawyer Anne Singletary Jewel Whitehead K. F. Lumpkin W. R. Dewberry TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

$ 240.00 $

$

500.00

118.36

75.00

15.00

500.00

100.00

800.00

$ 9.549.37 $ 451.30 $

$21,648.02 $ 824.05 $

$ 240.00 500.00 118.36 75.00 15.00 500.00 100.00 800.00
$10,000.67
$22,472.07

INVESTMENTS $0, 1956

Rate of Date of Book Interest Maturity Value

ENDOWMENT FUNDS GOVERNMENT BONDS
U.S. Treasury U.S. Treasury, 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 INVESTMENT

2.75 2.75. 2.5 2.5

9-15-59 12-15-65 8-1-62 11-1-62

$ 1,800.00 1,500.00 1,500.00 1.000.00
$ 5.800.00

$ 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 .0 0

$ 8.853.04

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND INVESTMENTS (CONTINUED)

Rate of Date of Book Interest Maturity Value

LOAN FUNDS GOVERNMENT BONDS U.S. Treasury, Series F U.S. Treasury, Series F TOTAL GOVERNMENT BONDS

2.53 2 53

UNIVERSITY SYSTEM BUILDING AUTHORITY REVENUE BONDS

No. 4648

3%

No. 4649

3%

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY REVENUE BONDS

TOTAL LOAN FUND INVESTMENTS

TOTAL TRUST FUND INVESTMENTS

3-1- 57 1 0 -1 -57

$ 74,.00 74,.00
1 148,.00

1 0 -1 -74 1 0 -1 -74

$ 1, 0 1 2 .,16 1 ,0 1 2 ..17
$ 2 ,024.,33
$ 2 ,172.,33
$ n , 025. 37

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance July 1. 1955

Receipts Disbursements Cash Balance

For Year

For Year June 30. 1956

$ 31,112.23 $297,292.17 $ 305,,663.24 $

14.964.39 114.295.50

104,.239.53

H 46.076.62 $411,587.67 $ 409,,902.77 $

JL 7.917.60 $ 97.276.97 $ 90,,437.27 $

i_ 5.628.51 $162,917.00 $ 113,,263.33 $

2 2 ,741.16 25,,020.36 47,,761.52
14,,757.30
55,,282.18

$ 2,395.61 $ 772.75 $

6.139.87

3.210.80

i_ 8.535.48 $ 3.983.55 $

209.00 $ 3, 984.33
4, 193.33 $

2 ,,959.36 5 r366.34 8 ,,325.70

68.158.21 $675,765.19 $ 617, 796.70 $ 126, 126.70

STATEMENT OF AGENCY FUNDS Year Ended June 30, 1956

Student Activities Student Bank
TOTALS

Cash Balance July 1 . 1955

Receipts Disbursements Cash Balance

For Year

For Year June 30, 1956

$ 6,325.78 $ 77,729.89 $ 70,873.20 $ 13,182.47

1.591.82

19.547.08

19.564.07

1.574.83

$ 7.917.60 $ 97.276.97 $ 90.437.27 $ 14.757.30

302

VALDOSTA STATE COLLEGE
STATEMENT CF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, JULY 1, 1955 vg

ADDITIONS

Transfer from Auxiliary

1

Transfer from Educational & General

TOTAL

Regents Student Center Ashley Hall Educational Equipment TOTAL

TOTAL ADDITIONS



DEDUCTIONS

Boiler Repairs

Educational Equipment

Jere Pound Hall

Ashley Hall

Student Center

Walks

1

Equipment Dining Hall

TOTAL DEDUCTIONS

BALANCE JUNE 30, 1956

Plant Additions

Funds for Replacement Reserve

Total

$ 728.51 $ 4.900.00 $ 5.628.51

$ 1,600.00 22.700.00
$ 24.300.00

$ 5,617.00 $ 5.617.00

$ 7,217.00 22.700.00
$ 29.917.00

$ 75,000.00 $ 50,000.00 8.000.00
$133.000.00 $

$ 75,000.00 50,000.00 8.000.00
$133.000.00

$157.300.00 $ 5.617.00 $162.917.00

$ 1,385.75 5,675.44 243.00
44,781.36 53,980.52
525.82 1.771.44

$ 4.900.00

$ 1,385.75 5,675.44 243.00
44,781.36 53,980.52
525.82 6.671.44

$108.363.33 $ 4.900.00 $113.263.33

$ 49.665.18 $ 5.617.00 $ 55.282.18

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

yL

A. LAND Main Campus, 60 acres

y

North Campus, 43 acres TOTAL LAND

B. BUILDINGS Main Campus Library West Hall Gymnasium (Student Center) Kitchen Annex
Converse Hall

Investment Beginning Of Year

Additions

Deductions

Investment End of Year

$ 150,000.00 $ 107.500.00
$ 257.500.00 $

$

$ 150,000.00

107.500.00

$

257.500.00

60,000.00 176,338.33
5 ,000.00 9,217.70
153,958.66

43,994.82

60,000.00 176,338.33
48,994.82 9,217.70
153,958.66

303

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End of Year

B. BUILDINGS (CONTINUED) Main Campus (Continued) Ashley Hall Senior Hall Bath House Log Cabin Boiler House Presidents Home Garages and Workships Dining Hall (Building Authority) Physical Education (Bldg. Auth.) TOTAL MAIN CAMPUS
North Campus Jere Pound Hall David Barrow Hall Old Brick Dormitory Swamp Inn Swimming Pool Gymnasium TOTAL NORTH CAMPUS
TOTAL BUILDINGS

$ 108,400.00 $ 44,781.36 $ 61,300.00

23.000. 00

8,000.00

20.000. 00

40,499.55

1,150.00

263,960.24 32 ,152.29

307.597.33

3.00

$1 .238.421.81 $120,931.47 $

$ 153,181.36 61,300.00 23.000. 00 8,000.00 20.000. 00 40,499.55 1,150.00
296,112.53 307.600.33 $1,359,353.28

$ 375,150.59 $ 151,275.00 100,000.00 10,000.00 25,000.00 12.000.00
$ 673.425.59 $

243.00 243.00

$ 10,000.00
$10,000.00

$ 375,393.59 151,275.00 100,000.00
25,000.00 12.000.00 $ 663.668.59

$1.911,,847.40 $121.,174.47 $10,000.00 $2,023,021.87

IMPROVEMENTS OTHER THAN BUILDINGS

Streets and Walks

$

Heating System

Camelia Trail

Amphitheatre Landscaping Swimming Pool

TOTAL IMPROVEMENTS OTHER THAN BLDG $

15,000.00 $ 20,000.00

525.82 $

12,000.00

3,000.00

1,500.00

20.000.00

71.500.00 1 ___ 525.82 $

D. EQUIPMENT Main Campus

Administrative Offices Physical Plant Library Instructional Student Activities Dormitories Dining Hall & Kitchen, Bldg. Auth. Dining Hall & Kitchen, V.S.C. Student Center Heating
Physical Education, Bldg. Auth.

$ 17,642.92 $ 1,701.26 $

27,668.22

2,240.39

93,288.70

4,684.87

31,031.87

8,534.68

3,147.10

49,017.94

19,552.30

6,850.08 6,671.44

21,400.00 9,518.18

9,985.70 1,385.75

North Campus Administrative

1,705.00

$ _1_

15,525.82 20,000.00 12,000.00
3,000.00 1,500.00 20.000.00 72.025.82

$ 19,344.18 29,908.61 97,973.57 39,566.55 3,147.10 49,017.94 6,850.08 26,223.74 9,985.70 22,785.75 9,518.18
1,705.00

304

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year________ Additions

Investment ^nd
Deductions___ Year

D. EQUIPMENT (CONTINUED) North Campus (Continued) General Equipment Gymnasium Swimming Pool Instructional Kitchen and Dining Hall Old Dormitory Swamp Inn David Barrow Hall TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 3,537.00 $

$

125.00

401.00

200.00

46,760.17

2,421.57

6,293.00

1,429.00

401.00

7.758.00

$ 340.475.40 $ 44.876.74

$ 3,537.00 526.00

200.00

49,181.74

6,293.00

1,429.00

401.00

7.758.00

401.00 _1_ 384.951.14

$2,581,322.80 $166,577.03 $10,401.00 $2,737,498.83

GEORGIA SOUTHWESTERN COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1956
*
i
Georgia Southwestern College Americus, Georgia
307 1

GEORGIA SOUTHWESTERN COLLEGE

BALANCE SHEET JUNE 30, 1956

I . CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable
TOTAL GENERAL FUNDS

ASSETS

B. AUXILIARY ENTERPRISES Cash in Bank Accounts Receivable Dining Hall Inventory Campus Store Inventory TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank

III.

STUDENT LOAN FUNDS Cash in Bank Investments (Bonds) Student Notes Receivable
TOTAL STUDENT LOAN FUNDS

IV. PLANT FUND A. UNEXPENDED Cash in Bank

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

TOTAL PLANT FUND

$ 14,465.76 233.00
$ 14,698.76

$ 26,517.72 1,005.26 2,815.83 6.163.09

36.501.90 $ 51,200.66

3,743.35

$ 899.45 30,000.00 31.969.27

62.868.72

62,868.72

$ 27,222.49

$ 5,580.00 793,709.84 57,521.67 167.184.19

1.023.995.70 1.051.218.19

TOTAL ASSETS

$1.169.030.92

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildinqs had a sound value of $1,193,600.

308

GEORGIA SOUTHWESTERN COLLEGE

BALANCE SHEET JUNE 30, 1956

LIABILITIES

I. CURRENT LIABILITIES A. GENERAL Accounts Payable Unearned Income (Summer School) Surplus TOTAL GENERAL FUNDS

$ 552.63 489.00
13.657.13 $

14,698.76

B. AUXILIARY ENTERPRISES Accounts Payable Reserve for Inventories Surplus
TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT LIABILITIES

$ 573.76 8,978.92
26.949.22

36.501.90 $ 51,200.66

II. AGENCY FUNDS Fund Balance
III. STUDENT LOAN FUNDS

3,743.35

Fund Balance
IV. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority Net Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

62,868.72

$ 27.222.49 $ 27,222.49

$316,194.37 707.801.33

1.023.995.70

1.051.218.19

$1.169.030.92

309

GEORGIA SOUTHWESTERN COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Miscellaneous Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia -- Regular Operations

$ ,1 000.00
30,891.50 3.054.00 1.433.00 2.259.42

$38,637.92

113.150.00

TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Wheatley Hall Terrell Hall Collum Hall TOTAL DORMITORIES
CAMPUS STORE

$151,787.92

$ 3,154.32 8,941.23 2,147.72 5,158.18 9.696.17

$29,097.62

22,493.99

DINING HALL

79,121.44

APARTMENTS

l.27Q.9d

TOTAL AUXILIARY ENTERPRISE INCOME TOTAL CURRENT INCOME

131.983.99 $283.771.91

310

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Total

Salaries and
Waaes

Operating Supplies & Exoenses

Eauipment

A. EDUCATIONAL AND GENERAL



ADMINISTRATIVE AND GENERAL

President's Office

General Administration

Comptroller's Office

Record's Office TOTAL ADMINISTRATIVE AND GENERAL

STUDENT WELFARE

PLANT OPERATIONS

LIBRARY

$ 11,223.91 8,538.43 7,656.81 6.965.70
$ 34.384.85

$ 10,236.25 1,200.00 7,251.25 6.457.04
25.144.54

$ 987.66 7,338.43 405.56 508.66
9.240.31

$ J _________

$ 1,,154.12 1.000.00 154.12 $

25.515.62 12.460.61. 12.410.43 $ 644.58

6.166.47 $ 4.894.75 80.57 1.191.15

INSTRUCTION Summer School Business Education General Education Natural Science TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL

$ 1,680.00 10,540.28 46,295.77 15.985.88
$ 74.501.93

$ 1,680.00 9,600.00
45.057.25 14.883.25 71.220.50

$

$

940.28

1,238.52 1,102.63

3.281.43 J ________

141.722.99 114.720.40 25.166.86 1.835.73

B. AUXILIARY ENTERPRISES

DORMITORIES



Morgan Hall

Sanford Hall

Wheatley Hall

Terrell Hall

Collum Hall

TOTAL DORMITORIES

$ 5,227.03 $ 3,545.70 $ 1,681.33 $

7,291.92

4,720.18 2,531.44

2,436.43

1,407.90 1.028.53

3,867.77

1,936.24

1.892.53

5.386.08

3.918.83 1.467.25

24.209.23 15.528.85 8.601.08

40.30 39.00 79.30

COLLEGE FARM



87.75

87.75 _ J ________

DINING HALL

61.538.44 20.783.43 40.529.90 225.11

APARTMENTS
' \
CAMPUS STORE

1.821.38 858.84 962.54 _ J ________ 22.075.80 2.762.08 19.280.26 33.46

TOTAL AUXILIARY ENTERPRISES EXPENSE

$109,732.60 39.933.20 69.461.53 337.87

TRANSFER TO BOARD OF REGENTS PLANT FUNDS TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

1,205.25 6.808.39
117.746.24 251.455.59 154.653.60 94.628.39 2.173.60



311

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS DURING YEAR Income on Investments Interest on Student Loans Donation, T. 0. Marshall Loan Fund
TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR
STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1956

$61,342.48

$ 825.44 625.80 75.00

1.526.24

$62.868.72

U.S. TREASURY BONDS Series G
MUNICIPAL BONDS McIntyre Georgia School District City of Atlanta
TOTAL BONDS
STUDENT LOANS
TOTAL INVESTMENTS
CASH ON HAND JUNE 30, 1956 TOTAL
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

Rate of Maturity Interest Date

Book Value

2-1/2%

5-1-61

$28,000.00

6% 2-1/8%

1-1-57 9-1-57

1,000.00 1.000.00 $30,000.00 31.969.27 $61,969.27
899.45 $62,868.72

CURRENT FUNDS Educational and General Auxiliary Enterprises
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
STUDENT LOAN FUNDS
TOTALS

Balance July 1. 1955

Receipts Disbursements Balance

For Year

For Year June 30. 1956

$ 4,400.83 $151,787.92 $ 141,722.99 $

12.279.97 131.983.99

117.746.24

3_ 16.680.80 $283,771.91 $ 259.469.23 $

14,,465.76 26,,517.72 40,,983.48

L 5.260.83 $ 17.414.11 $ 18.931.59 $ 3,,743.35

1. 9.157.57 $ 43.308.39 $ 25.243.47 $ 27,,222.49

149.54 $ 9.387.82 $ 8.637.91 $

899.45

k - 31.248.74 $353,882.23 $ 312.282.20 $ 72, 848.77

312

GEORGIA SOUTHWESTERN COLLEGE

BANK BALANCES Bank of Commerce Citizens Bank
TOTAL

$39,033.51 33.815.26
$72.848.77

Application Deposits Gale Deposits Personal Deposits Student Activities Group Insurance Social security Sales Tax
TOTAL

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Balance July 1. 1955

Receipts

Balance Disbursements June 30. 1956

$ 2,628.01 $ 3,030.00 $ 3,229.83 $ 2,428.18

1,088.71

2,395.29

3,709.40

(-1225.40

927.47

2,168.62

2,349.42

746.67

616.64

4,805.42

4,934.12

487.94

3,225.74

3,225.74

1,087.13

781.17

305.96

701.91

701.91

$ 5.260.83 $ 17.414.11 $ 18.931.59 $ 3.743.35

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS State Appropriation Transfer from Auxiliary Funds
BALANCE, BEGINNING OF YEAR PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions Administration Building Gymnasium Morgan Hall Sanford Hall Terrell Hall Wheatley Hall Equipment Expenditures Not Capitalized Repairs & Alterations Administration Building

Funds For
Plant Additions Replacements

Total

$ 3,089.83 $ 6,067.74 $ 9,157.57

36,500.00 $39.589.83

36,500.00 6.808.39 6.808.39
12.876.13 $52.465.96

989.71 $ 330.24 371.94 883.46 169.85 696.15 4,038.89

1,259.79

$ 989.71 330.24 371.94 883.46 169.85 696.15
5,298.68

5,973.94

5,973.94

313

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expenditures Not Capitalized (Continued) Repairs and Alterations (Continued) Gymnasium Morgan Hall Sanford Hall Terrell Hall Wheatley Hall Other Expenditures
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant Additions Replacements

Total

$ 3,917.15 $ 382.86
1,078.86 3,863.43 1,281.20
6.00 $23.983.68 $

1.259.79

$ 3,917.15 382.86
1,078.86 3,863.43 1,281.20
6.00 $25.243.47

$15.606.15 $ 11.616.34 $27.222.49

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956
VALUE OF PLANT, JULY 1, 1955
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 by University System Building Authority Inter-Institutional Transfers
TOTAL ADDITIONS
VALUE OF PLANT, JULY 1, 1955 PLUS ADDITIONS
DEDUCTIONS Equipment disposed of Inter-Institutional Transfers
VALUE OF PLANT, JUNE 30, 1956
LESS: Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1956

$970 878 70

$ 8,740.03

6,872.36

337.87

37,545.27 1.662.35

55.157.88

$1,026,036.58

$ 378.53 1.662.35

2.040.88

$1,023,995.70

316.194.37

$ 707.801.33

314

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

A. LAND

B. BUILDINGS Administration
Shop Gymnasium Duplex Apartment President's Home Barn Morgan Hall Sanford Hall Terrell Hall Collum Hall (Building Authority) Wheatley Hall Campus Farm House Negro House Fuel House

Chapel Jackson Hall (Building Authority) TOTAL BUILDINGS

C. IMPROVEMENTS

Streets, Sidewalks, Landscaping

Water and Lights

Sewage Disposal

y

Program-- Fire Signal

Garbage & Waste Disposal

Lake

Tennis Courts

TOTAL IMPROVEMENTS

i

D. EQUIPMENT

Administrative Offices



Physical Plant

Library

Instruction Division

(Building Authority)

Dormitories

Dormitories (Building Authority)

Foot) Service

*

Campus Store

Apartments

TOTAL EQUIPMENT

TOTAL INVESTED IN PLANT

Investment Beginning
Of Year

Additions

$ 5.580.00 $

Investment

End of

Deductions

Year

$

A - 5.580.00

$106,810.29 $ 989.71 $

26,171.31

72,469.76

330.24

7,000.00

12,500.00

2,300.00

37,228.06

371.94

75,316.54 37,730.15

883.46 169.85

152,479.36

49,503.87

696.13

3,500.00

380.00

300.00

3,000.00

173.660.00 29.919.17

$760.349.34 $33.360.50 $

$ 107,800.00 26,171.31 72,800.00 7,000.00 12,500.00 2,300.00 37,600.00 76,200.00 37,900.00 152,479.36 50,200.00 3,500.00 380.00 300.00 3,000.00 203.579.17
$ 793.709.84

$ 41,521.46 $ 3,061.10 7,500.00 1,500.00 250.00 573.15 3.115.96
$ 57.521.67 $

$

$

_J__________J L

41,521.46 3,061.10 7,500.00 1,500.00 250.00 573.15 3.115.96
57.521.67

$ 7,902.94 $ 30,606.33

$ 14.04 $ 1,221.35

27,207.10 2,283.59

34,770.07 10,743.86

311.10 7,626.10

11,814.76

1,143.83

15,437.51 14,684.14

308.45

2,984.64

56.04

1.709.10

441.00

$147.427.69 $21.797.38 $ 2.040.88

7,888.90 29,384.98 29,490.69 45,514.06
7,937.20 12,958.59 15,437.51 14,375.69
2,928.60 1.268.10 167.184.19

$970.878.70 $55.157.88 $ 2.040.88 $1.023.995.70

315

WEST

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1956

West Georgia College Carrollton, Georgia

317

WEST GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1956

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Veterans Administration Students TOTAL GENERAL FUNDS

$ 31,379.41

$ 76.20 102.00

178.20 $ 31,557.61

B. AUXILIARY Cash in Bank Accounts Receivable Students Other Bookstore Inventory TOTAL AUXILIARY FUNDS

$ 19,522.68

$443.74 209.35

653.09 4.981.79

25.157.56

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash on Hand Cash in Bank TOTAL AGENCY FUNDS

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank Due from Board of Regents

$ 56,715.17

$ 1,353.25 12.923.81

14,277.06

$ 13,113.39 1.096.00 $ 14,209.39

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

$ 27,500.00 923,858.90 98,494.48 278.362.70

1.328.216.08

TOTAL PLANT FUNDS

1.342.425.47

TOTAL ASSETS

$1.413.417.70

NOTE: Buildings are valued at cost. Based on appraisal made during 1953-54, buildings had a sound value of $1,293,000.

318

WEST GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1956

LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Reserves for Restricted Funds Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS

$ 2,576.05 4,051.14 4,538.25
20.392.17 $

31,557.61

B. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Reserve for Restricted Funds Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 1,608.57 1.904.00 4,981.79 2.400.00
14.263.20

25.157.56

56,715.17

II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS

$ 14.277.06

14,277.06

III. PLANT FUNDS A. UNEXPENDED
Fund Balance

$ 14,209.39

5

B, EXPENDED

Equity of University System

**

Building Authority

Investment in Plant

.

TOTAL EXPENDED

|P

TOTAL PLANT FUNDS

TOTAL LIABILITIES AND SURPLUS

$406,374.37 921.841.71

1.328.216.08 1.342.425.47
$1.413.417.70

319 \

WEST GEORGIA COLLEGE

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Fee Health Fee Summer School Other Fees TOTAL STUDENT FEES

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

PUBLIC APPROPRIATIONS State of Georgia - Regular Operat: ons Vocational Funds TOTAL PUBLIC APPROPRIATIONS

GIFTS AND GRANTS Ford Foundation

TOTAL EDUCATIONAL AND GENERAL INCOME

B. AUXILIARY ENTERPRISES BOOKSTORE

DINING HALL

DORMITORIES Adamson Hall Aycock Hall Hamm Hall Log Cabin Mandeville Hall Melson Hall Rogers Hall TOTAL DORMITORIES

FARM

APARTMENTS - RENTALS

TOTAL AUXILIARY INCOME

TOTAL CURRENT INCOME

$ 547.15 37,979.55 3,815.50 5,171.90 2.870.34
$ 50,384.44
$134,950.00 1.179.79
$136,129.79
$ 5.500.00
$192,014.23
$ 19,303.43
85,324.69
6,713.50 12,090.56
1,430.40 1,885.50 4,551.30 5,463.94
942.50 $ 33,077.70
129.86
2,614.20
140.449.88
J332.464.il

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL
ADMINISTRATIVE AND GENERAL Business Office General

_________________Object Classification_________

Operating

Salaries

Supplies

Total

& Wages

& Expenses Equipment

$ 9,665.18 $ 9,061.07 $ 604.11 $

7,628.75

1,583.60

6,045.15

320

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Obiect Classification

Operating

Salaries

Supplies

& Wages

& Expenses Eauipment

A. EDUCATIONAL AND GENERAL (CONTINUED) ADMINISTRATIVE AND GENERAL (CONTINUED) President's Office Registrar's Office TOTAL ADMINISTRATIVE AND GENERAL

$ 9,930.72 $ 9,033.10 $ 892.62 $ 5.00

3.268.65

2.609.81

544.44

114.40

$ 30.493.30 $ 22.287.58 $ 8.086.32 $ 119.40

STUDENT WELFARE



Dean of Women

PLANT OPERATIONS

LIBRARY

o o
CO
to CO TT

CD to

$ 3. ,91 $ 3,

,38 $

289.53

$ 22.,864..21 $ 11,,595..12 $ 10.070.31 $1.198.78

$ 8,,550..05

6,,372..74 $ 1.982.89 $ 194.42

INSTRUCTION

Art

Biology



Chemistry

Commerce

Dean Drawing and Engineering

Economics

Education

English

Foreign Languages

Home Economics



History

Humanities

Mathematics

Mus ic Physical Education - Men

Physical Education - Women

Political Science

Physics

Sociology

Summer School

Teacher Training TOTAL INSTRUCTION

$ 3,364.44 $ 2,900.04 $

4,450.65

4,154.40

7,029.12

6,607.93

9,242.34

7,965.96

3,912.73

3,287.40

1,089.52

972.00

1,725.37

1,500.00

12,884.10

11,502.21

13,419.82

12,442.31

3,805.91

3,799.93

3,693.28

3,435.96

1,005.56

1,000.06

4,127.61

4,110.97

4,523.09

4,467.97

3,018.88

2,488.97

4,311.42

3,966.71

4,275.26

3,957.96

1,612.77

1,500.00

3,386.76

2,608.08

1,500.00

1,500.00

4,490.00

4,450.00

9.936.94

9.164.39

$106.805.57 $ 97.783.25

464.40 266.25 349.02 695.56 625.33 117.52 146.66 841.90 741.11
5.98 259.00
5.50 16.64
7.42 529.91 344.71 317.30
50.00 307.32

$ 30.00 72.17
580.82
78.71 539.99 236.40 (-H.68
47.70
62.77 471.36

40.00

750.55

22.00

6.882.08 $2.140.24

EXTENSION Vocational Education Adult Education Co-Op Program TOTAL EXTENSION
TOTAL EDUCATIONAL & GENERAL EXPENSE

$ 1,009.,83 $

$ 1,,009..83 $

20,101.,72

9, 261.,79 10,,568.,92

271..01

4.402.,00

4,,402.,00

$ 25.513..55 $ 13,,663..79 $ 1 L ,578.,75 $ 271..01

$198,009..59 $155,,187..86 $ 38,,889..88 $3 ,931,.85

TRANSFER TO PLANT FUNDS

4.156.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS $202,165.59

321

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Adamson Hall Aycock Hall Hamm Hall Log Cabin Mandeville Hall Melson Hall Rogers Hall 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

& Waqes

& Expenses Equipment

$ 17*294.68 $ 5.146.71 $ 12.081.36 $ 66.61 $ 79.622.01 $ 29.560.62 $ 58,039.00 |T ,022.39

$ 5,769.07 $ 3,332.80 $ 2,118.79

317.48

10,076.25

5,767.09

4,155.89

153.27

375.17

223.03

147.98

4.16

1,009.63

458.25

474.14

77.24

3,762.55

2,072.46

1,612.79

77.30

5,162.30

2,911.67

2,100.33

150.30

590.58

347.14

237.84

5.60

$ 26.745.55 $ 15.112.44 $ 10.847.76 $ 785.35

$ 4*156.65 $ 1.713.55 $ 2.420.46 $ 22.64

$ 215.30 $

9.00 $ 206.30 $

$128*034.19 $ 42*542.32 $ 83,594.88 $1,,896.99

$ 7,022.49 1.191.82
$136,248.50
$326,043.78 $197.730.18 $122.484.76 $5,,828.84 $338*414.09

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

Balance

Receipts

July 1. 1955 For Year

Disbursements Balance

For Year

June 30. 1956

$ 41,530.77 $192,014.23 $ 202,165.59 $

15.321.30 140.449.88

136.248.50

L . 56.852.07 $332.464.11 $ 338.414.09 $

i_ 7.035.99 $ 68.533.13 $ 61.292.06 $

9,989.22 $ 50.574.49 $ 47,450.32 $

31,379.41 19,522.68 50.902.09
14,277.06
13.113.39

|_ 73,877.28 $451,571.73 $ 447,156.47 $ 78,292.54

322

WEST GEORGIA COLLEGE

RANK BALANCES
Peoples Bank - (Agency) Peoples Bank - (Auxiliary) West Georgia National - (Operating) Cash on Hand
TOTAL

$ 9,944.67 19,727.76 47,266.86 1.353.25
S78.292.54

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Group Insurance Sales Tax Breakage Deposit Student Activity Student Bank Retirement Collections Withholding Tax Clark Memorial Fund Social Security Science Convention
TOTALS

Balance

Receipts

Julv 1. 1955 For Year

Disbursements Balance

For Year

June 30. 1956

$

369. 80 $ 2,717. 40 $

721. 63

3,699. 33

5,626. 50

1 jo68. 00

7,833.,83

1,488. 86

24,177.,96

5,994..10

17,816..54

410.,00

5,.00

3,340,.17

300 .00

1 - 7.035,.99 $ 68.533 .13

2 ,668.56 $ 721.,63
3,192.,00 7,369.,73 22,749..83 5,994.. 1 0 17,816,.54
779,.67

418.64
6,133.83 1,532.10 2,916.99
415.00 2,560.50
300.00

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956
BALANCE BEGINNING OF YEAR
ADDITIONS Transfer from Auxiliary Funds Transfer from Educational and General Funds Received from Board ofRegents Received from BuildingAuthority Received from Sale of Buildings TOTAL ADDITIONS
DEDUCTIONS EXPENDED FOR PLANT ADDITIONS Buildings and Additions to Buildings Administration Building Dining Hall - Auditorium Hamm Dormitory Martha Munro Building Science Building Rogers Dormitory Melson Hall TOTAL BUILDINGS AND ADDITIONS

$ 9,989.22
7,022.49 4 156.00 36*500.00 l[800.00 K096.00 $60563 71
--- :
$ 5,444.85 1,264.00 1,385.68 4,841.32 3,341.53 120.50 708.85
$17.106.73

323

WEST GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
EQUIPMENT Physical Plant - Motorized Valves Administrative Departments Apartments Bookstore Dining Hall Dormitory Instructional Departments Library TOTAL EQUIPMENT
TOTAL EXPENDED FOR PLANT ADDITIONS
OTHER DEDUCTIONS Expenditures Not Capitalized Renovations and Repairs
TOTAL EXPENDITURES
TRANSFER TO REGENTS (Sale of Buildings)
TOTAL DISBURSEMENTS
BALANCE END OF YEAR

SUMMARY OF INVESTMENT IN PLANT For Year Ended June !0, 1956

VALUE OF PLANT JULY I, 1955

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 Expenditues Buildings & Contents Constructed by University Building Authority TOTAL ADDITIONS

stem

VALUE OF PLANT JULY 1, 1955 PLUS ADDITIONS

Less Buildings Sold During Year

VALUE JULY 1, 1956

Equity of University System Building Authority

NET INVESTMENT- IN PLANT

$ 424.50 3,376.43 149.50 1,816.69 2,850.08 2,082.16 6,632.18 1.258.03
$ 18.589.57
$ 35.696.30
$ 10.658.02
$ 46.354.32
$ 1.096.00
$ 47.450.32
$ 13.113.39

$1,320,655.89

$35,696.30

3,931.85

1,896.99

10.565.76

52.090.90

$1,372,746.79

44,530.71

$1,328,216.08

406,374.37

$ 921,841.71

324

WEST GEORGIA COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Investment Year Beginning Acquired Of Year

Additions Deductions

Investment End of Year

A. LAND Campus Off-Campus TOTAL LAND

1907 1907

B. BUILDINGS

Adamson Hall

1907

Administration

1907

Aycock Hall (Bldg. Auth.)

1952

Bookstore (Hamm Dormitory)

1944

Borders Barracks

1944

Dining Hall-Auditorium

1937

Engineering & Drawing

1946

Gunn House

1907

Hamm Barracks

1944

Lo() Cabin Dormitory

1932

Library

1938

Machine Shop

1944

Maintenance Shop

1948

Mandeville Hall

1935

Martha Munro Building

1935

Rogers Dormitory

1946

Melson Hall

1907

Plant Supervisors Home

1907

President's Home

1907

Recreation Center

1947

Science Building (Bldg. Auth.,) 1954

Sand Hill Apartment

1945

Tenant House No. 1

1944

Tenant House No. 2

1907

Tenant House No. 3

1943

Tenant House No. 4

1944

Tenant House No. 5

1946

Tenant House No. 6

1938

Woodshop

1944

Wright Barracks

1944

Cow Barn

1946

Crib

1907

Dairy Barn

1944

Mule Barn

1907

TOTAL BUILDINGS

C. IMPROVEMENTS OTHER THAN BUILDINGS Streets and Walks Lighting System Heating System Athletic Field and Tennis Courts
Water System Landscaping
TOTAL IMPROVEMENTS

$ 4,000.00 $ 23.500.00
27.500.00 $

$ J ____

$ 4,000.00 23.500.00
27.500.00

$ 60,182.36 $

$

73,786.60 5,444.85

$ 60,182.36 79,231.45

242,002.21

242,002.21

4,466.00

1,385.68

5,851.68

5,928.47

5,928.47

79,220.04

1,264.00

80,484.04

6,000.00

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

39,700.90

39,700.90

46,237.98 4,841.32

51,079.30

2,058.03

120.50

2,178.53

61,459.66

708.85

62,168.51

1,275.00

1,275.00

6,000.00

6,000.00

4,930.00

4,930.00

205,872.94 3,344.28

209,217.22

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

951.280.13 17.109.48 44.530.71 $ 923.858.90

$ 14,462.07 $

$

12,926.77

26,500.00

424.50

15,326.14

26,274.99 2.580.01

$ 98,069.98 $ 424.50 $

$ 14,462.07 12,926.77 26,924.50 15,326.14 26,274.99 2,580.01
$ 98.494.48

325

WEST GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Year Beginning Acquired Of Year

Additions Deductions

Investment End of Year

EQUIPMENT Administrative Offices Apartments Physical Plant Library Instructional Departments Dormitories Dormitories (Bldg. Auth.) Science Building (Bldg. Auth.) Dining Hall Bookstore Farm Shops
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 6,515.35 $ 3,495.83 $ 22.64

20,318.40

1,348.28

46,113.25 1,452.45

54,231.25 9,043.43

43,087.50

793.35

17,309.63 2,082.16

8,520.08 10,563.01

26,235.63 3,872.47

4,497.43 1,883.30

15,081.26

1.896.00

$ 243.805.78 $34,556.92 $

$ 10,011.18 22.64
21,666.68 47,565.70 63,274.68 43,880.85 19,391.79 19,083.09 30,108.10
6,380.73 15,081.26
1.896.00 $ 278.362.70

$1,320,655.89 $52,090.90, $44,530.71 $1,328,216.08

326

IDDLE

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended June 30t 1956

Middle Georgia College Cochran, Georgia

327

MIDDLE GEORGIA COLLEGE

BALANCE SHEET June 30, 1956

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 Buildings Improvements Other Than Buildings Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 9,804.71 ________ 78.00
$

9,882.71

$ 13,988.07 212.00
10.389.87
____ 24.589.94
$ 34,472.65

$

400.00

6.329.50

6,729.50

$ 13,834.64
$ 18,400.00 884,201.64 38,774.81 296.738.%
1.238.115.41
1.251.950.05 $1.293.152.20

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,378,200.00.

328

MIDDLE GEORGIA COLLEGE
BALANCE SHEET June 30, 1956
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Unappropriated Surplus

TOTAL GENERAL FUNDS

B. AUXILIARY Accounts Payable Reserve for Stores (Inventories) Unappropriated Surplus

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balances

TOTAL AGENCY FUNDS

III. PLANT FUNDS A. UNEXPENDED Fund Balance

B. EXPENDED

Equity of University System

v

Building Authority

Invested in Plant

? *

TOTAL EXPENDED

j S

TOTAL PLANT FUNDS



TOTAL LIABILITIES AND SURPLUS

$

101.90

9.780.81

$ 9,882,71

$

937.93

10,389.87

13.262.14

24.589.94 $ 34,472.65

$ 6,729.50

6,729.50

$ 13,834.64

$ 208,666.93 1,029,448.48

1.238.115.41

1.251.950.05

$1.293.152.20

329

MIDDLE GEORGIA COLLEGE

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Other Student Fees

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

TOTAL STUDENT FEES

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations

TOTAL PUBLIC APPROPRIATIONS

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

B. 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

$ 2,830.00 29,345.83 3,067.31 2.240.18
$ 38,483.32
$109,250.00
109.250.00
$146.733.32
$ 23.248.06
$ 13,075.25 5,185.90 1,410.00 3,782.25 7,112.35 4,475.11 676.07 181.80
$ 35.898.73
$ 76.658.35
$135.805.14
$282.538.46

330

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office General Expense President's Office Registrar's Office TOTAL ADMINISTRATIVE AND GENERAL
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION English History Language Music Commerce Physical Education Biology Chemistry Engineering Home Economics Mathematics Physics Art TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES CAMPUS STORES
DORMITORIES Browning Hall Peacock Hall Wiggs Hall Jackson Hall Ebenezer Talmadge Veterans Apartment Faculty Apartments TOTAL DORMITORIES

Total

Object Classification

Operating

Salaries & Waqes

Supplies & Expense Eauipment

$ 8,470.57 $ 8,470.57 $

$

8,310.23

76.96

8,198.79

9,337.46

9,337.46

6.723.98

6.723.98

$ 32.842.24 $ 24.608.97 $ 8.198.79 $

34.48 34.48

$ 3.259.21 $ 2.307.70 $ 844.73 $ 106.78

$ 24.549.68 $ 13.163.37 $10.213.57 $1.172.74

$ 6.372.30 $ 4.798.72 $ 412.63 $1.160.95

$ 7,291.77 $ 7,149.96 $ 141.81 $

6,765.89

6,262.42

503.47

3,554.67

3,499.92

54.75

4,522.47

4,292.92

229.55

8,574.79

7,887.41

453.63

233.75

7,371.54

6,900.04

457.00

14.50

5,567.58

4,950.00

301.90

315.68

5,707.27

4,675.11

942.16

90.00

4,597.67

4,399.92

197.75

4,005.94

3,849.27

145.67

11.00

4,876.59

4,841.59

35.00

4,656.33

4,222.10

434.23

3.942.19

3.799.95

142.24

$ 71.434.70 $ 66.730.61 $ 4.039.16 $ 664.93

$138.458.13 $111.609.37 $23.708.88 $3.139.88

$ 23.809.65 $ 3.011.47 $20.581.68 $ 216.50

$ 7,556.81 2,990.83 4,132.70 244.79 618.84 6,935.50 4,729.97 1.002.89
$ 28.212.33

$ 4,820.09 1,845.56 2,967.56 120.07 333.17 4,778.24 3,201.86 640.45
$ 18.707.00

$ 1,844.07 1,052.37 1,072.24 114.40 254.70 1,946.64 1,218.46 300.52
$ 7.803.40

$ 892.65 92.90 92.90 10.32 30.97
210.62 309.65
61.92 $1.701.93

331

MIDDLE GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES (CONTINUED) DINING HALL
TOTAL AUXILIARY EXPENDITURES
TRANSFERS TO: Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies

& Wacres

& Expense Equipment

$ 67.847.87 $ 18.234.64 $46.286.43 $3.326.80 $119.869.85 $ 39.953.11 $74.671.51 $5.245.23
$ 6.792.96 $126.662.81 $258.327.98 $151.562.48 $98.380.39 $8.385.11

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

Cash Balance Receipts Julv 1. 1955 For Year

Disbursements Cash Balance

For Year

June 30. 1956

$ 1,529.52 $146,733.32 $ 138,458.13 $

4,845.74 135.805.14

126.662.81

6.375.26 $282.538.46 $ 265.120.94 $

3.249.60 $ 22.333.24 $ 18.853.34 $

i. 5.617.87 $ 68.292.96 $ 60.076.19 $

15.242.73 $373.164.66 $ 344.050.47 $

9,804.71 13.988.07 23.792.78
6.729.50
13.834.64
44.356.92

BANK BALANCES
State Bank of Cochran, Cochran, Georgia Educational and General Account Auxiliary Enterprises Account Plant Funds Special TOTAL
Cook Banking Company, Cochran, Georgia Agency Funds Account Petty Cash TOTAL CASH BALANCES

$ 9,804.71 13,988.07 13.834.64
H 37.627.42
$ 6,329.50 400.00
i__ 44.356.92

332

Student Deposits Student Activities Reserve Deposits Group Life Insurance Social Security Student Clubs
TOTAL AGENCY FUNDS

MIDDLE GEORGIA COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Balance Receipts

Beginning

For

Of Year______ Year

Disburseraents
For Year

Balance End
Of Year

$ 61.68 485.50
1,487.93 420.80 431.11 362.58

$ 4,435.10 5,058.65 3,137.00 2,740.69 4,611.27 2.360.53

$ 4,403.54 5,543.38 1,504.83 2,735.64 1,993.50 2.672.45

$ 93.24 .77
3,110.10 425.85
3,048.88 50.66

S3.249.60 $22.333.24 $18.853.34 $ 6.729.50

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956
BALANCE, BEGINNING OF YEAR
ADDITIONS Transfer from Auxiliary Enterprises Public Appropriation - State of Georgia Special Allotment TOTAL
DEDUCTIONS EXPENDED FOR PLANT ADDITIONS Walker Hall - Auditorium, Redecorate & Re-Roof, Complete Electrical Re-Wiring, Reparis to Steam Mains, Repairs to Main Roof and Gutter, Installation Fire Doors
Campus Houses, General Repairs and Renovations
Browning Hall - General Repairs Browning Hall - Furniture Replacements Peacock Hall - General Repairs Peacock Hall - Furniture Replacements Wiggs Hall - General Repairs Wiggs Hall - Furniture Replacements Campus Water System, Repair and Re-Painting of Water
Tank, Enlarging of Water Mains Gymnasium - General Repairs to Building & Replacements
of 2 Bathrooms Heating System - Conversion from Coal to Natural Gas and
Repairs to Steam Mains and Tanks Classroom Equipment Purchased, Classroom Chairs and Specialized
Equipment for Each Department TOTAL EXPENDED FOR PLANT ADDITIONS
BALANCE, END OF YEAR

5 ,617.87
$ 6,792.96 .61,500.00 $73,910.83
$30,104.23 $ 4,884.82
1,499.59 795.00 999.83 300.00 999.87 270.00
1,499.60 3,500.00 11,8?5.21 3,398.04 $60,076.19 $13,834.64

333

MIDDLE GEORGIA COLLEGE

VALUE OF PLANT, JULY 1, 1956

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

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 Buildings Constructed by University System Building Authority
TOTAL ADDITIONS

VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1956

LESS: Equity of University System Building Authority NET INVESTMENT IN PLANT

$1,177,511.27
$51,692.08 3,139.88
5,245.23 526.95 60.604.14 $1,238,115.41 208.666.93 $1.029.448.48

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

A. LAND Campus Off-Campus TOTAL LAND
B. BUILDINGS Talmadge Hall (Building Authority) Walker Building Sanford Library New Dining Hall Dining Hall Annex (Building Authority) Browning Dormitory Peacock Dormitory Wiggs Dormitory Ebenezer Jackson Dormitory President's Home Gymnas ium Faculty Apartments Science Building Veterans Housing Auto Mechanic Building Stadium Field House Misc. Campus Buildings TOTAL BUILDINGS

Year Acauired

Investment Beginning
Of Year

Additions

Investment End of Year

1887 1917

$ 13,200.00 $ 5.200.00
L 18.400.00 $

$ 13,200.00 5.200.00
$ 18.400.OC

1952 1928 1938 1939 1955 1936 1934 1922 1890 1928 1928 1928 1948 1948 1947 1949 1948 1928

$ 153,371.54 166,219.30 48,708.90 41,109.94 76,947.94 91,386.13 45,770.50 41,602.02 10,000.00 5,894.20 6,500.00 7,500.00 36,000.00 35,336.01 55,000.00 15,673.98 1,250.00 11.800.00
L 850.070.46

$ 30,104.23
526.95
3,500.00
$34.131.18

$ 153,371.54 196,323.53 48,708.90 41,109.94 77,474.89 91,386.13 45,770.50 41,602.02 10,000.00 5,894.20 6,500.00 11,000.00 36,000.00 35,336.01 55,000.00 15;673.98 1,250.00 11.800.00
-aa4.2QL.6i

334

MIDDLE GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

C. IMPROVEMENTS Heating System Water System Lighting System TOTAL IMPROVEMENTS
D. EQUIPMENT Administration Offices Physical Plant Library Instructional Dormitories Dormitories (Building Authority) Dining Hall Campus Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning
Of Year

Additions

Investment End f Year

$

9, 200. 00 $11,825. 21 $ 21,025.21

9, 500. 00

1,499. 60

10,999.60

6. 750.,00

6.750.00

$ 25, 450.,00 $13.324. 81

38.774.81

12,,055..25 $ 141..26 $ 12,196.51

76,,044..35 1,172.,74

77,217.09

28,,427..21

1,160.,95

29,588.16

62,,344..65 4,062..97

66,407.62

55,,331,.20 3,066.,93

58,398.13

13,,355..89

13,355.89

32,,677,.70 3,326..80

36,004.50

3,,354 .56

216..50

3.571.06

$ 283;;.590,81 $13.148,.15 $ 296,,738.96

$1,,177 ,511 .27 60.604,.14 $i .238.115.41

335

SOUTH

GEORGIA COLLEGE FINANCIAL REPORT

For the Year Ended June 30, 1956

South Georgia College Douglas, Georgia

337

SOUTH GEORGIA COLLEGE

BALANCE SHEET JUNE 30, 1956

I. CURRENT FUNDS A. EDUCATIONAL AND GENERAL

ASSETS

Cash on Hand and in Bank

B. AUXILIARY Cash on Hand and in Bank Store Inventory Student Center Dining Hall TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUND Cash on Hand and in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank Due from Auxiliary Funds
TOTAL UNEXPENDED

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

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 28,610.42

$
2,756.19 2.413.75

3,444.56

5.169.94

8.614.50

$ 37,224.92

5,711.48

$ 7,968.66 9.095.77 $ 17,064.43

$ 20,734.93 1,084,227.58 215,197.78 134.306.95

1.454.467.24

1.471.531.67

$1.514.468.07

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,540,800.

1
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SOUTH GEORGIA COLLEGE
BALANCE SHEET JUNE 30, 1956
LIABILITIES

I. CURRENT FUNDS A. EDUCATIONAL AND GENERAL Accounts Payable Unappropriated Surplus TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY Reserve for Stores Inventory Accounts Payable Due to Plant Funds Deficit TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUND Fund Balance
III. PLANT FUNDS A. UNEXPENDED

$ 2,277.87 26.332.55 $ 28,610.42

$ 5,169.94 5,178.35 9,095.77
(-)IO.829.56

8.614.50

$ 37,224.92

5,711.48

Cash Balance
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 17,064.43

$ 514,883.23 939,584.01

1.454.467.24

1.471.531.67

$1.514.468.07


-P <9

339

SOOTH GEORGIA COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Fees Other Student Fees TOTAL STUDENT FEES

$ 2,400.00 33,723.00 3,347.40 2.596.19

$ 42,066.59

PUBLIC APPROPRIATIONS State of Georgia - Regular Operations

$114,350.00 114,350.00

OTHER INCOME President's Home Sale of Pulpwood TOTAL OTHER INCOME

$ 300.00 46.38

346.38

TOTAL EDUCATIONAL AND GENERAL

$156,762.97

AUXILIARY ENTERPRISES STUDENT CENTER

$ 14,637.83

DORMITORIES Davis Hall Men's Dormitory Powell Hall Proctor Hall Women's Dormitory

$ 3,698.80 12,876.74 2,908.74 275.00 9.166.81

28,926.09

DINING HALL

69,058.51

FARM

575.00

HOUSING PROJECT

5,545.81

WATCHMAN'S COTTAGE

240.00

TOTAL AUXILIARY INCOME

118.983.24

TOTAL CURRENT INCOME

$275.746.21

340

s i ,
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SOOTH GEORGIA COLLEGE
STATEMENT (F CURRENT EXPENDITURES For Year Ended June 30, 1956

Total

Object Classification

Operating

Salaries & Wages

Supplies & Expense

Eguipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Comptroller's Office General Expense President's Office Registrar's Office TOTAL ADMINISTRATIVE AND GENERAL
STUDENT WELFARE Dan of Students Student Hospital TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Fine Arts Languages Social Science Science Mathematics Business Administration Education Home Economics Physical Education TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES STUDENT CENTER
DINING HALL
DORMITORIES Davis Hall Men's Dormitory Powell Hall Proctor Hall Women's Dormitory TOTAL DORMITORIES
FARM
HOUSING PROJECT

$ 9 , 644.40 $ 9 , 349.16 $ 295.24 $

7, 592.77

85.00

7, 507.77

10, 278.27 10, 185.00

93.27

S S 4 . 617.20
$ 32. 132.64

4 . 543.33 24. 162.49

73.87 7 . 970.15

$ 4 , 640.94 1 . 302.45
$ 5 . 943.39
$ 18. 449.33
$ 5 . 335.20

$ 4 , 421.67 1. 200.01
$ 5 . 621.68
S 8 . 768.85
$ 3 . 768.25

$ 219.27 102.44
S 321.71
S 9. 366.16
S 73.64

$
$ 314.32
$ i,. 493.31

$ 4 , 313.34 16, 741.02 12, 454.99 14, 206.58 3 , 244.10 12, 375.39 3 , 710.00 4 , 277.53 10. 482.94
S81. 805.89
S143. 666.45

$ 3 , 800.00 16, 600.00 12, 300.00 12, 975.52 3 , 200.00 11, 900.00 3 , 700.00 3 , 819.78 10. 222.00
$ 78. 517.30
S120. 838.57

$ 451.36 $ 61.98

141.02

154.99

981.06

250.00

44.10

475.39

10.00

309.29

148.46

260.94
S 2. 828.15 _ 1 _ 460.44

S 20. 559.81 S2 . 268.07

S S $ 14. 684.63

1. 979.06 12. 571.57 $ 134.00

S S $ 6 6 . 881.30 10. 923.94 55. 957.36 $

$ 2 , 958.36 $ 2 , 248.14 $ 710.22 $

11, 093.97

5 , 973.50

5 , 120.47

2, 075.65

1, 327.45

748.20

1, 201.27

583.20

618.07

S S 11. 062.44
$ 28. 391.69

7. 268.87 17. 401.16

3 . 793.57 10. 990.53 $

$

1.50 S

S

1.50

$ 3 . 563.64 S 1. 696.60 S 1. 867.04 _JL

341

SOUTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES (CONTINUED) WATCHMAN'S COTTAGE
TOTAL AUXILIARY EXPENDITURES
TRANSFERS TO: Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Operating

Salaries

Supplies

& Wages

& Expense

Equipment

$

24.82 $

15.06 $

9.76 $

$113,547.58 $ 32.015.82 $ 81.397.76 $ 134.00

$ 2.610.94 $116,158.52 $257,214.03 $152,854.39 $101,957.57 $2,402.07

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS Educational and General Auxiliary Enterprises TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance July 1. 1955

Receipts Disbursements Cash Balance

For Year

For Year June 30. 1956

$ 15,513.90 $156,762.97 $ 143,666.45 $

619.84 118.983.24

116.158.52

16.133.74 $275,746.21 $ 259.824.97 $

5.902.41 $ 39.610.94 $ 37.544.69 $

5.221.12 $ 29.713.79 $ 29.223.43 $
27.257.27 $345,070.94 $ 326.593.09 $

28,610.42 3.444.56
32.054.98
7.968.66
5.711.48
45.735.12

ANALYSIS OF CASH BALANCES June 30, 1956

Educational and General Agency Auxiliary Enterprises Plant Fund
TOTAL

Coffee County Farmers

Bank

Bank

Cash on Hand

Total

$ 28,610.42 $

$

5,711.48

3,444.56

7.968.66

i - 28.610.42 $17,124.70 $

$28,610.42 5,711.48 3,444.56 7.968.66
$45,735.12

342

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SOUTH GEORGIA COLLEGE

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

-

_______________________________ __________

Cash Balance Receipts Disbursements Cash Balance

July 1. 1955 For Year

For Year June 30. 1956

Room Reservations Student Bank Key Deposit Teacher Flower Fund Kiwanis Loan Fund Vending Machines Rufus Chambers Scholarship Southern Laundry Scholarship Other Agency Accounts Women's Dormitory Student Fees Baseball Basketball Football ? Golf Tournament Football Programs Drink Concession Beta Club List Junior College Journal Dance Concession Music Scholarship Honors, Awards, and Freshman Week The Record The South Georgian Social Security Camera Club Commerce Club Dramatic Club Future Teachers of America Georgia Historical Club Glee Club International Relations Club Student Christian Association Vocabulary Club Student Council Transportation Travel Advance Ward Whelchel Scholarship Work Scholarship Field House Rental Account

$ 2,041.00 $ 3,300.00 $

335.66 5,318.54

29.00

139.05

133.39

64.60

1,112.03

4,889.01

114.00

114.00

1,474.78

6.00

4,803.38

4.00

106.00

3,724.80

148.72 328.92

24.00 36.55

39.00 1,169.92
245.63 1,663.06
7.25

41.66

1.207.29

102.56 1.30
869.31 560.00
38.00 742.50

1,483.75 $ 5,324.72
115.15 59.64
665.00 4,348.94
569.88 436.03 3,227.27
19.00 136.50 198.74 338.89
24.00 14.40 334.00 351.00 4,410.98 729.25 1,670.09 283.89 31.93 76.01 24.18 31.21 169.80 21.10
9.72 13.03 850.33 497.17 560.00 38.00 270.00 682.54 1.207.29

3,857.25 329.48 52.90 138.35 447.03 540.07 114.00 114.00 112.40 6.00

TOTAL AGENCY ACCOUNTS

$ 5^221.12 $29,713.79 $ 29.223.43 $ 5.711.48

343

iJ

SOOTH GEORGIA COLLEGE

BALANCE, JUNE 30, 1955

STATEMENT OF UNEXPENDED PLANT FUND For Year Ended June 30, 1956

ADDITIONS:
Allocation for Rehabilitation of Fraser & Proctor Halls Allocation for Rehabilitation of Davis Hall Allocation for Rehabilitation of Thrash Hall Allocation for Heating System Allocation for Instructional Equipment Allocation for Miscellaneous Equipment Transfer from Auxiliary Enterprises
TOTAL ADDITIONS

TOTAL CASH BALANCE AND ADDITIONS

DEDUCTIONS: Campus Landscaping Davis Hall Dormitory Furnishings Fraser and Proctor Halls Campus Fire Hazard Dining Hall Instructional Equipment Miscellaneous Student Center Equipment Thrash Hall TOTAL DEDUCTIONS

BALANCE, JUNE 30, 1956

$ 5,902.41

$26,000.00

5,000.00

1,000.00

1,000.00

-4

3,895.00

105.00

2.610.94

39.610.94

$45,513.35

$ 484.02

122.80

&

1,086.42

31,191.73

754.22

50.00

3,266.05

J

120.38

340.48

128.59

37.544.69

$ 7.968.66

SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1956
VALUE OF PLANT, JULY 1, 1955

1
$1,367,627.60

ADDITIONS DURING YEAR

Expended from Plant Funds

$37,544.69

Jk

Expended from Educational & General Funds and Included in

Current Expenditures Expended from Auxiliary Funds and Included in Current

2,268.07

Expenditures
Buildings and Contents Constructed by Univ. System Bldg. Auth. TOTAL ADDITIONS

134. 00 46.892.88

86.839.64

VALUE OF PLANT PLUS ADDITIONS DEDUCT: Equity of University System Building Authority

$1,454,467.24

h

514.883.23

NET INVESTMENT IN PLANT, JUNE 30, 1956

$ 939.584.01

4

344

SOUTH GEORGIA COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

----------- Investme,,t

Year

Beginning

Acquired Of Year

. Additions Deductions

Investment
EjJd 0 xear

A. LAND

Raymond Richardson

Tract - 28.3 Acres

1953

Peterson Tract - 300 Acres

1907

Mrs. Ollie A. Bryant

Tract - .4403 Acres

1922

J. L. Cochran Tract - 8.85 Acres 1923

Mrs. Vicey Peterson Tract -

4.4 Acres

1923

City of Douglas Tract -.3 Acres 1938

Mrs. Vicey Peterson Richey

Tract - .0626 Acres

1938

J. M. Thrash Tract -4.289Acres 1944

Mrs. Lillian Price Stubbs

& Mrs. J. L. Cochran Tract -

16-46 Acres

1945

J. F. Darby Tract -6.28Acres 1945

G. & F. Investment Company

Tract - .926 Acres

1945

TOTAL LAND

12,500.00 $ 98.43
50.00 1,107.00
400.00 1.00
1.00 864.00
2.500.00 2.750.00
_______ 463.50 $ 20.734.93 $

B. BUILDINGS

Peterson Hall

Davis Hall

Powell Hall

I

Dining Hall

Fraser Hall

Proctor Hall

Shops and Sheds

Gymnasium Thrash Hall

1907 1907 1907 1927 1929 1929 1933 1936 1939

68,666.60 $

$

46,998.04

122.80

46,219.73

32,620.09

50.00

14,000.00 16,191.73

14,229.40 15,000.00

1,500.00

20,545.48 37.477.47

128.59

Science Building

1946

29,765.37

Women's Dormitory (Bldg. Auth.) 1952

261,143.66

Classroom Annex (Bldg. Auth.) 1953-54

55,232.04

2.25

Pres ident's Home Men's Dormitory (Bldg. Auth.)

1953 1956

32,000.00 210,279.38 22,454.95

Housing Project Buildings

Administration Building

1953

12,000.00



Ground School Building

1953

15,000.00

Hr

Hospital Building Canteen Building

1953 1953

10,000.00 8,000.00

Mess Hall

1953

15,000.00

Building No. 1

1953

10,000.00

Building No. 2

1953

7,500.00

Building No. 3

1953

7,500.00

Building No. 4

1953

10,000.00

Building No. 5

1953

10,000.00

Building-No. 6

1953

7,500.00

$ 12,500.00 98.43
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 47,120.84 46,219.73 32,670.09 30,191.73 29,229.40 1,500.00 20,545.48 37,606.06 29,765.37
261,143.66 55,234.29 32,000.00
232,734.33
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

345

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beqinninq
Of Year

Additions

Deductions

Investment End of Year

BUILDINGS (CONTINUED) Housing Project Bldgs.
Building No. 7 Building No. 8 Building No. 9 Building No. 11 Link Building Miscellaneous on Campus Farm Tenant House Farm Barn Tobacco Barn Watchman's Cottage Wyrup Shed
TOTAL BUILDINGS

(Cont.)

1953 1953 1953 1953 1953

IMPROVEMENTS OTHER THAN BUILDINGS Heating System Landscaping Lighting System Marble Memorial Fountain Streets and Sidewalks Campus Fire Hazard Swimming Pool Campus Bell System Campus Sewer System Fire Safety & Deferred Maintenance
TOTAL IMPROVEMENTS

EQUIPMENT Administrative Offices Plant Operations Library Instruction Classroom Annex (Bldg. Auth.) Dormitories Dormitories (Bldg. Auth.) Dining Hall Gymnasium Farm Student Center President's Home Student Activity Bus Housing Project Miscellaneous
TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

$ 7,500.00 $

$

10,000.00

7,000.00

3,000.00

8,000.00

5,000.00 3,000.00
300.00 3,000.00
300.00 $1.030.277.26 $53.950.32 $

$ 106,375.06 $

$

6,334.41

484.02

1,600.00

1,000.00

2,000.00

754.22

2,800.00

542.50

12,099.24

317.50

$ 133.068.71 $ 1.238.24 $

$ 7,046.67 $

$

10,182.98

314.32

22,872.65 1,493.31

49,732.56 3,726.49

3,823.22

543.53

26,919.15 1,086.42

15,190.49 23,892.15

19,540.34

8,735.20

1,177.00

4,838.84

474.48

6,910.29

4,000.00

2,232.17

345.14

120.38

$ 183.546.70 $31,651.08 $

$1.367.627.60 $86.839.64 $

$ 7,500.00 10,000.00 7,000.00 3,000.00 8,000.00
5,000.00 3,000.00
300.00 3,000.00
300.00 $1.084.227.58
$ 106,375.06 6,818.43 1,600.00 1,000.00 2,000.00 754.22 2,800.00 542.50
12,099.24 317.50
$ 134.306.95
$ 7,046.67 10,497.30 24,365.96 53,459.05 4,366.75 28,005.57 39,082.64 19,540.34 8,735.20 1,177.00 5,313.32 6,910.29 4,000.00 2,232.17 465.52
$ 215,197.78
$1.454.467.24

346

ABRAHAM

B A L D W I N AGR C U L T U R A L FINANCIAL REPORT

COLLEGE

For the Year Ended June 30, 1956

Abraham Baldwin Agricultural College Tifton, Georgia

347

I. CURRENT FUNDS A. GENERAL Cash in Bank

ABRAHAM BALDWIN AGRICULTURAL COLLEGE BALANCE SHEET JUNE 30, 1956 ASSETS
$ 9,195.44

TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Imprest Cash Inventories (Store & Dining Hall)

$ 9,195.44
$ 23,897.10 680.00
7.069.73

TOTAL AUXILIARY FUNDS

C. RESTRICTED FUNDS Cash in Bank

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 & Improvements Buildings Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

31,646.83

100.00 $

40 9 4 2.27

$ 2,539.07 2.113.35

421.21 4,652.42

$ 18,369.45

$ 220,181.14 1,163,708.98 329.022.37

1.712.912.49 1.731.281.94

TOTAL ASSETS

$1.777.297.84

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $1,750,900.

348

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

BALANCE SHEET JUNE 30, 1956
LIABILITIES

I. CURRENT LIABILITIES A. GENERAL Purchase Orders Outstanding Unearned Income Unappropriated Surplus TOTAL GENERAL

$ 1,270.00 2,163.53 5.761.91 $ 9,195.44

B. AUXILIARY Inventory Reserve Unearned Income Reservation Fee Accounts Payable Unappropriated Surplus TOTAL AUXILIARY

$ 7,069.73 5,531.76 7,330.00 335.29
11.380.05

31,646.83

C. RESTRICTED FUNDS Fund Balance
TOTAL CURRENT FUNDS

100.00 $ 40,942.27

II. AGENCY FUNDS Fund Balance

421.21

III. LOAN FUNDS Fund Balance
IV. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity of University System Building Authority Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

4,652.42

$ 18,369.45

$ 476,453.07 1.236.459.42

1.712.912.49 1.731.281.94
$1.777.297,84

349

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL & GENERAL STUDENT FEES Non-Resident Matriculation Summer School Other Fees Clinical TOTAL STUDENT FEES

$ 1,610.00 37,022.32 3,250.00 102.25 3.021.60

$ 45,006.17

PUBLIC APPROPRIATIONS State of Georgia

140,200.00

SALES & SERVICES Farm Poultry Processing Plant Animal Production
TOTAL SALES & SERVICES

$ 4,557.79 6,496.05 9,114.57 3.663.28

23,831.69

OTHER SOURCES Rents & Property Miscellaneous
TOTAL OTHER SOURCES

$ 1,258.48 4.021.62

5.280.10

TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY ENTERPRISES Bookstore Dining Hall Dormitories Weltner Hall Herring Hall Lewis Hall Creswell Hall Veterans* Apartments Room Reservations

$214,317.96

$ 19,112.23 105,114.66

$ 9,362.84 8,564.24 7,041.95
11.031.32

36,000.35
3,562.18 1. 200.00

TOTAL AUXILIARY INCOME
C. STUDENT AID Gifts & Grants Georgia Bankers Association Civic Clubs

164,989.42
$ 1,240.00 1. 100.00

TOTAL STUDENT AID TOTAL CURRENT INCOME

2.340.00 $381.647.38

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF CURRENT EXPENDITUES For Year Ended June 30, 1956

EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
Business Office General President's Office Registrar's Office TOTAL ADMINISTRATION & GENERAL
STUDENT WELFARE Dean of Men Dean of Women Health Service
TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Dean's Office Agriculture Arts Home Economics Physical Education Science Zoology Secretarial Science Summer School
TOTAL INSTRUCTION
ORGANIZED ACTIVITIES Farm Poultry Processing Plant Animal Production
TOTAL ORGANIZED ACTIVITIES
EXTENSION - Short Course
TOTAL EDUCATIONAL & GENERAL EXPENDITURES
AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL

General

Object Classification

Salaries Operating Improvement

and

Supplies

and

Waqes

& Expense

Equipment

$ 10,796.79 $ 10,616.66 $ 180.13 $

2,445.53

617.34

1,828.19

10,082.19

9,008.33

1,073.86

5.189.33

4.904.22

285.11

$ 28.513.84 $ 25.146.55 $ 3.367.29 $

$ 400.00 $ 400.00 $

500.00

500.00

1.876.67

1.515.20

$ 2.776.67 $ 2.415.20 $

$
361.47 361.47 $

$ 28.059.50 $ 9.281.98 $ 17.688.85

1.088.67

JL $ 9.910.71 $ 7.538.58 $ 859.37

1.512.76

$ 4,783.33 $ 4,783.33 $

$

34,110.86 32,884.90

888.50

17,615.39 17,385.63

229.76

9,991.19

7,408.70

2,067.08

5,592.57

4,856.05

736.52

13,094.87 12,462.54

499.02

4,901.74

4,004.49

897.25

4,072.70

3,700.00

372.70

2.965.00

2.965.00

$ 97.127.65 $ 90.450.64 $ 5.690.83 $

337.46 515.41 133.31
986.18

$ 10,554.67 $ 4,563.02 $ 5,662.83 $

6,760.43

2,170.35

4,477.02

12,887.10

3,827.15

9,048.05

3.388.06

159.08

3.228.98

$ 33.590.26 $ 10.719.60 $ 22.416.88 $

328.82 113.06
11.90
453.78

$ 8.666.44 $ 4.817.97 $ 3.504.38 $ 344.09

$208,645.07 $150,370.52 $ 53.889.07 $ 4.385.48

$ 18.942.34 $ 1.474.93 $ 17.467.41 $ $ 93,490.23 $ 23,337.36 $ 64,335.50 $ 5,817.37

351

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITUES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) DORMITORIES Weltner Hall Herring Hall Lewis Hall Creswell Hall TOTAL DORMITORIES
VETERANS APARTMENTS
TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL AUXILIARY DISBURSEMENTS
C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

_____________________ Salaries and
General______ Wages

Object Classification_____

Operating Improvement

Supplies

and

& Expense

Equipment

$ 7,298.86 6,615.47 5,878.66 11.124.06
$ 30.917.05

$ 3,865.13 2,723.72 2,850.76 6.060.81
$ 15.500.42

$ 3,118.49 $ 315.24

2,001.00

1,890.75

2,404.52

623.38

5.026.62

36.63

$ 12.550.63 _A- 2.866.00

$ 3.467.88 $ 1.193.49 $ 1.974.89 $ 299.50

$146.817.50 $ 41.506.20 $ 96.328.43 $ 8.982.87

8.232.72 $155.050.22

$ 2.240.00 $

$ 2.240.00 $

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956
BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts & Grants Interest on Notes Receivable TOTAL ADDITIONS
BALANCE OF PRINCIPAL, END OF YEAR
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1956

$3,868.37

$700.00 84.05

784.05

$4,652.42

LOAN FUNDS Ruth F. Wright Susie T. Moore Harry F. Kulbersh Ferrell Jolly

Fund Balance

Fund

Beginning

Balance End

Of Year_____ Additions Deductions Of Year

$

562.49 $ 35.21 $

1,050.53

48.84

1,225.00

200.00

500.35

$

597.70

1,099.37

1,425.00 500.35

352

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

LOAN FUNDS (CONTINUED) Clovis Turk, Sale City Mrs. John G. Padrick
TOTAL FUND BALANCE

Fund Balance Beginning Of Year

Additions

Deductions

Fund Balance End
Of Year

$

500.00 $ 500.00 $

30.00

3.868.37 $ 784.05

$ 1,000.00 30.00
$ 4.652.42

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary
TOTAL CURRENT FUNDS STUDENT AID AGENCY FUNDS LOAN FUNDS PLANT FUNDS
TOTAL
The Farmers' Bank of Tifton The Bank of Tifton
T0TAL

Cash Balance July 1. 1955

Receipts For Year

Disbursements Cash Balance For Year June 30. 1956

$ 3,522.55 $214,317.96 $ 208,645.07 $

14.637.90 164.989.42

155.050.22

L 18.160.45 $379.307.38 $ 363.695.29 $

$ 2.340.00 $ 2.240.00 $

446.22 $ 15.296.36 $ 15.321.37 $

$ 2.115.52 $ 1.397.05 $

973.50 $

1 L 41.700.05 $ 51.232.72 $ 74.563.32 $

J L 62.422.24 $449.573.51 $ 456.793.48 $

9,,195.44 24,.577.10 33,,772.54
100.00
421.21
2,,539.07
18,,369.45
55, 202.27

BANK BALANCE

$30,625.17 2 4 .5 7 7 .iq
$55.202.27

353

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Funds for Plant
Additions

b a la n c e; beginning of year
ADDITIONS Appropriations - State of Georgia Transfer from Auxiliary Enterprises
TOTAL ADDITIONS
TOTAL CASH AVAILABLE

$41,700.05

$43,000.00 8.232.72

51.232.72

$92.932.77

DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Auditorium Library Herring Hall Lewis Hall Weltner Hall Home Economics Building Agricultural Building Howell Hall Processing Plant Gymnasium President's Home Veterans * Apartment TOTAL BUILDINGS AND ADDITIONS
EQUIPMENT Auditorium Library Irrigation - Pump Tift Hall - Adminis tration Class Rooms Home Economics Building Science Building Ina Gaines House Weltner Hall Herring Hall Lewis Hall
TOTAL EQUIPMENT

$26,032.41 1,998.85 6,362.03 540.20 158.58 5,754.94 4,644.71 80.30 4,379.56 1.124.17 2.106.18 136.81

$53,318.74

; 198.50 1.767.39

$ 3,282.50 3,271.05 44.96
1,965.89 781.50
2,473.80 3,116.67 1,554.62 1,860.61 2.224.50

20,576.10

IMPROVEMENTS Heating System
OTHER DEDUCTIONS Expenditures Not Capitalized
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

644.00
24.48 $74.563.32 $18.369.45

354

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1956
VALUE OF PLANT JULY 1, 1955
ADDITIONS DURING YEAR Expended from Plant Funds Expended from Educational and General and Included in Current Expenditures Expended from Auxiliary Enterprise and Included in Current Expenditures Buildings and Contents Constructed by University System Building Authority
TOTAL ADDITIONS
VALUE OF PLANT JUNE 30, 1956
LESS: Equity of University System Building Authority
NET INVESTMENT IN PLANT

$1,603,787.94

$74,538.84

4,385.48

8,982.87

21.217.36

109.124.55

$1,712,912.49

476.453.07

$1.236.459.42

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Year Acauired

Investment Beqinning
Of Year

Additions

Investment End of Year

LAND Camp and Farm Farm
TOTAL LAND
BUILDINGS Creswell Hall (Building Authority) Science Building (Building Authority) Agricultural Engineering Building
(Building Authority) Veterans* Apartment (4) Library Tift Hall - Administration Auditorium-Gymnasium Howell Hall Weltner Hall Lewis Hall Herring Hall Northside Home Economics President*s Home Shop No. 1 Shop No. 2 Agricultural Building Lakeside Processing Plant

1907 1951
1953 1954
1954 1948 1938 1907 1938 1938 1936 1907 1907 1948 1941 1915 1935 1943 1940 1947 1942

$ 10,000.00 $ 16.600.00
1 26.600.00 $

$ 10,000.00 16.600.00
$ 26.600.00

$ 268,653.81 $ 117,692.41

$ 268,653.81 117,692.41

94,425.87 43,894.11 11,879.53 74,728.86 70,681.73 33,037.20 60,368.00 62,126.03 65,125.23 11,187.50 15,398.94 11,424.21
6,000.00 3,000.00 36,556.96 23,281.80 43,567.81

3.00 436.31 1,998.85
27,156.58 137.37 296.56 867.35
8,029.47
5,754.94 2,106.18
4,644.71
4,379.56

94,428.87 44,330.42 13,878.38 74,728.86 97,838.31 33,174.57 60,664.56 62,993.38 73,154.70 11,187.50 21,153.88 13,530.39
6,000.00 3,000.00 41,201.67 2 3 928180 47,947.37

355

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Storage Log Cabin Poultry Houses Barn Tenant No. 1 Tenant No. 2 Potato House Ina Gaines House TOTAL
C. OTHER IMPROVEMENTS Heating System Water System Electrical System Sewage Disposal Campus Bell System Fences Ponds Refrigeration System Campus - Landscapinq TOTAL
D. EQUIPMENT Tift Hall - Administration Class Rooms Log Cabin Library Auditorium-Gymnasium Howell Hall Weltner Hall Herring Hall Lewis Hall Home Economics Building Veterans* Apartment Northside Shop No. 1 Shop No. 2 Agricultural Building Lakeside Processing Plant Storage Building Poultry House Barn Farm & Campus Irrigation Automotive (Buses & Trucks) Creswell Hall Science Building
Agricultural Engineering Building

Year Acauired

Investment Beginning
Of Year

Additions

Investment End Of Year

1940 1937 1941 1953 1940 1943 1950 1955
1948 1949 1949 1948 1949 1949 1950 1952 1952

$

500.00

4,325.56

12,566.74

6,286.08

300.00

300.00

564.74

10.308.48

$1.088.181.60

$
19.716.50 $ 75.527.38

$

500.00

4,325.56

12,566.74

6,286.08

300.00

300.00

564.74

30.024.98

$1.163.708.98

$ 85,929.59 $ 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 $

644.00 $ 86,573.59 82,251.88 2,043.50 12,690.91 275.00 100.00 5,427.52 2,122.62 2.096.12
644.00 $ 193.581.14

$ 8,476.39 $ 542.59 $ 9,018.98

1,287.11

1,767.39

3,054.50

3,857.06

3,857.06

40,030.01

4,783.81

44,813.82

31,392.36

3,282.50

34,674.86

25,799.21

5,760.30

31,559.51

7,300.93

1,731.88

9,032.81

9,344.94

2,083.92

11,428.86

8,936.42

2,520.73

11,457.15

6,989.17

861.85

7,851.02

6,149.98

6,149.98

1,409.69

1,409.69

28,442.91

1,088.67

29,531.58

11,233.00

11,233.00

7,678.23

337.46

8,015.69

2,985.10

2,985.10

9,396.45

11.90

9,408.35

3,749.00

3,749.00

1,794.33

113.06

1,907.39

1,253.98

1,253.98

4,500.23

328.82

4,829.05

684.12

44.96

729.08

20,606.95

20,606.95

29,780.39

36.63

29,817.02

15,608.46 5,100.97

3,530.24 574.73

19,138.70 5,675.70

356

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Ina Gaines House
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acauired

Investment Beginning
Of Year

Additions

Investment End of Year

$ 2.281.81 $ 3.551.73 $ 5.833.54 $ 296.069.20 $ 32.953.17 $ 329.022.37 $1.603.787.94 $109.124.55 $1.712.912.49

357

ALBANY STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

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 and in Bank Accounts Receivable Stores

ASSETS

$ 6,034.68

2,394.66 1,289.75 11.244.26
$

20,963.35

$ 11,419.09 4,277.09 5,502.05

TOTAL AUXILIARY ENTERPRISE FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Auxiliary Funds TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS
NOTE: Buildings are valued at cost. Based had a sound value of $1,555,300.

21o198.23 $ 42,161.58

$ 14.023.75

14,023.75

$ 11,036.40 13,,668.36

24,704.76

$ 128,455.19 11.650.32 $ 140,105.51

$ 22,400.00 1,229,264.79 21,034.92 389.158.10

1.661.857.81

1.801.963.32

$1.882.853.41

an appraisal made during 1953-54, buildings

360

ALBANY STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

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

LIABILITIES ------ -----

TOTAL GENERAL FUNDS

B. AUXILIARY ENTERPRISES Accounts Payable Unearned Income Reserve for Stores Due to Unexpended Plant Funds Deficit TOTAL AUXILIARY ENTERPRISE FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III. STUDENT LOAN FUNDS

$ 1,848.83 3,427.33 5,786.75 9.900.44
$ 20,963.35

$ 3,871.13 3,095.43 5,502.05 11,650.32
(-12.920.70

21.198.23 42,161.58

14,023.75

Fund Balance IV. PLANT FUNDS
A. UNEXPENDED
Fund Balance B. EXPENDED
Equity of University System Building Authority
Investment in Plant
TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

24,704.76
$ 140,105.51
$ 656,029.01 1,005,828.80 1.661.857.81 1.801.963.32 $1,882.853.41

361

ALBANY STATE COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30. 1956

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School Saturday and Evening Classes Other Student Fees TOTAL STUDENT FEES
GOVERNMENTAL State of Georgia Doughterty County Board of Education TOTAL GOVERNMENTAL

$ 766.50 38,023.50 5,070.05 10,655.79 2,227.50 1.479.95

$ 58,223.29

$292,700.00

23,663.53

316,363.53

a

OTHER SOURCES Nursery School General and Miscellaneous Income TOTAL OTHER SOURCES

$ 1,123.60 2.661.58

3,785.18

TOTAL EDUCATIONAL AND GENERAL

$378,372.00

B. AUXILIARY ENTERPRISES Dining Hall Dormitories Davis Hall Gibson Hall Peace Hall McIntosh Hall TOTAL DORMITORIES

$ 66,941.62

$ 6,900.46 2,003.43 5,624.48
12.920.03

27,448.40

Student Center Bookstore Snack Bar Post Office TOTAL STUDENT CENTER

$10,730.90 16,402.62 739.83

27,873.35

Laundry

5.047.08

TOTAL AUXILIARY ENTERPRISES TOTAL CURRENT INCOME

127.310.45 $505,682.45

362

ALBANY STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

Total

Object Classification

Operating

Salaries Supplies

& Waqes

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATION AND GENERAL Business Office President *s Office Records and Admissions Office Public Relations Office General TOTAL ADMINISTRATION AND GENERAL
STUDENT WELFARE Dean of Students Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PLANT OPERATION
LIBRARY
INSTRUCTION Dean of Instruction Art English and Dramatics Modern Languages Music Education Hazard Practice School Health & Physical Education Biology & Physical Science Mathematics Social Science Business Education Home Economics Audio Visual Aids Summer School TOTAL INSTRUCTION
TOTAL EDUCATIONAL & GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS

$ 19,334.06 12,668.19 11,368.46 5,253.73 19.341.19
$ 67.965.63

$ 17,553.75 12,481.77 10,446.41 4,406.74 2.727.20
$ 47,615.87

$ 841.10 183.49 696.65 846.99
16.613.99 $ 19.182.22

$ 939.21 2.93
225.40
$ 1.167.54

$ 2,624.88 $ 2,400.00 $

3,633.50

3,633.50

4,455.10

4,415.25

5.153.16

4.883.32

$ 15.866.64 $ 15.332.07 $

224.88 $
39.85 269.84 534.57 $

$ 44.829.92 $ 17.698.53 $ 25.151.73 $ 1.979.66

$ 17.256.76 $ 12.712.62 $ 1.824.90 $ 2.719.24

$ 10,717.25 $ 6,617.25 $ 4,003.10 $ 96.90

8,640.98

7,616.67

223.26

801.05

18,366.40 17,611.00

246.89

508.51

10,008.83

9,600.00

2.07

406.76

12,825.16

12,300.00

224.05

301.11

46,031.48 43,836.75

1,469.27

725.46

27,660.00 27,660.00

11,979.50 11,363.50

109.05

506.95

22,492.44 18,063.90

1,189.62 3,238.92

9,084.19

8,701.48

55.91

326.80

19,744.09 19,200.00

161.19

382.90

8,338.03

7,589.00

194.03

555.00

5,370.77

4,651.00

239.34

480.43

578.04

119.73

458.31

23.143.97 22.141.25

1.002.72

$234,981.13 $216,951.80 $ 9.240.23 $ 8.789.10

$380,900.08 $310,310.89 $ 55.933.65 $14,655.54

17.202.80 $398.102.88

363

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES Dining Hall Dormitories Davis Hall Gibson Hall Peace Hall McIntosh Hall Bookstore Snack Bar Post Office Laundry TOTAL AUXILIARY ENTERPRISES
OTHER CHARGES Social Security Expenses Sales Tax Expenses
NON-EXPENSE ITEMS Due to Student Loan (Deposit Error)
TOTAL AUXILIARY DISBURSEMENT
TOTAL CURRENT EXPENDITURES

Total

Obi ect Classificiation

Operating

Salaries

Supplies

G Wages

G Expense Equipment

$ 58,264o34 $ 14,520.25 $ 43,284.02 $

5,698c30

4,331.99

1,366.31

3,983.84

1,338.64

2,426.20

6,227.06

4,081.08

2,109.69

9,263.24

5,920.45

3,342.79

15,047.92

2,744.24

12,223.50

15,846.07

3,073.02

12,571.07

941.67

941.67

3.488.09

631.66

2.856.43

$118.760.53 $ 37.583.00 $ 80.180.01 $

460.07
219.00 36.29 80.18
201.98
997.52

$ 358.55 101.35
$119,220.43

10.00 $119,230.43
$119.230.43 $ 37.583.00 $ 80.180.01 $ 997.52 $449.660.61 $347.893.89 $136.113.66 $15.653.06

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Alpha Phi Alpha Fraternity Alpha Kappa Alpha Sorority Archronian Club Application Deposits Bus Funds Class of 1954 Class of 1955 (Summer) Class of 1957 Class of 1958 Class of 1959 Chess Club Cresent Club Davis Hall Dormitory Club Dramatic Club

Balance July 1. 1955 Receipts

Balance Disbursements June 30. 1956

$

2.42 $

$

23.15

(.58)

7,587.50 1,197.91
.02

1,733.00 1,468.00

160.00

2.50

255.00 79.55

58.00

4.55

52.02

68.42

48.55

2.42 $
1,156.23 1,275.66
170.00 255.00
79.55
40.00 4.55
40.00 48.41

23.15 (.58)
8,164.27 1,390.25
.02 (10.00)
2.50 58.00 12.02
8.55 20.01

364

ALBANY STATE COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Future Teachers of America Hazard Practice School P.T.A. Homecoming Committee Hazard Milk Fund Honors Day Hospital Ivy Leaf Club McIntosh Dormitory Club Pan Hellenic Council Peace Hall Dormitory Club Key Deposit Phelps Stoker Fund Languages Art Festival Practice Teacher Bd. Practice Teachers Travel Sales Tax Social Science Club Student Activities Year Book Committee Y.M.C.A. Withholding Tax Teachers' Retirement Social Security Payable Equitable Insurance Salary Savings Due to Auxiliary Enterprises Due to Educational & General Athletic Committee Vesper
TOTAL AGENCY FUNDS

Balance July 1. 1955 Receipts

Balance Disbursements June 30. 1956

$

1.60 $ 32.20 $

32.29

10.10

235.85

480.30

497.70

262.00

481.00

.50

$ 32.29 727.02 329.05 438.00

33.80 10.10 (10.87) 168.65 305.00
.50

10.67

10.67

22.74 30.67

22.74

30.67

87.00

30.76 20.00 300.00

7.00 6.00 300.50

23.76 101.00
(.50)

2.13 75.80

2.13 75.80

134.90

134.90

(15.51) 1.00
4,206.42 156.12 20.00

18,523.97 610.00

92.39
19,236.68 1,862.37

(107.90) 1.00
3,493.71 (1,096.19)
20.00

31,967.94

31,967.94

14,184.66

14,184.66

1,804.04

539.82

1,264.22

5,655.59

5,655.59

1,258.47

1,258.47

3.37 9,539.75

9,543.12

5.00

371.50 11.53

376.50

11.53

29.21

29.21

$ 13.970.13 $89,851.15 $ 89.797.53 $ 14.023.75

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS
PLANT FUNDS
TOTALS

' CHANGES - CASH BALANCE Ended June 301, 1956

Balance July 1. 1955 Receipts

Balance Disbursements June 30. 1956

$ 25,765.56 $378,372.00 $ 398,102.88 $

3.339.07 127.310.45

119.230.43

$ 29.104.63 $505,682.45 $ 517.333.31 $

6,034.68 11.419.09 17.453.77

$ 13.970.13 $ 89.851.15 $ 89.797.53 $ 14.023.75

$ 12.471.86 $ 3.297.74 $ 4.733.20

11.036.40

$ 8.532.12 $179,502.80 $ 59.579.73 _ 4 _ 128.455.19

f 64.078.74 $778,334.14 $ 671.443.77 $ 170.969.11

365

ALBANY STATE COLLEGE

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance July 1. 1955 Receipts

~ ~ ----------Disbursements Transfers

Balance June 30. 1956

PROJECT Caroline Hall Library Gibson Hall Peace Hall Hazard Practice School Davis Hall Dining Hall Student Center Addition to Hazard Practice School Truck-State Bd. Dump-2^ T. Air Conditioning and Ventilation Non-Recurring Equipment

1,601..50 $ 24,500,.00 $

600,.00

340..63

952,,74

5,902..80

5,037. 25

5,500..00

4,000..00

6,500,.00

800.,00

120,000. 00 2,900. 00

2,400. 00 7.000. 00

TOTAL

$ 8 , 5 3 2 . 1 2 $179.502.80 $

23,771.00 $(-)2,000 .00 $

600.00

108.50

500 .00

6,815.73

400 .00

9,620.00

03 O oo

1,843.70

(->500,

5,252.39

1,991.

800.00

330.50
732.13 439.81 917.25 1,656.30 3,239.41

300.00 2,638.21

119,700.00 61.79

2,208.20 5 ,,622.00

(-- )391.80

1.378.00

59.579.73 $

$ 128.455.19

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30. 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS: State of Georgia Regents Allotment Sale of Cottages (4) Sale of Bus (Old) Transfers from General Funds

$ 8,532.12

$161,000.00 1,0 0 0 .0 0 300.00
17,202.80

179.502.80

TOTAL ADDITIONS
DEDUCTIONS: Expended for Plant Additions Buildings and Additions to Buildings Caroline Hall Library Gibson Hall Peace Hall Hazard Training School Davis Hall Dining Hall Student Center Hazard Training School Annex
Equipment Caroline Hall Gibson Hall

$188,034.92

$ 22,947.50 600.00 14.50
4,017.41 9,620.00 1,843.70 4,932.39
800.00 300.00

45,075.50

$ 823.50 94.00

366

ALBANY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS: (CONTINUED) Equipment (Continued) Peace Hall Dining Hall Automotive (Truck) Air Conditioning and Ventilating Instructional (Non-Recurring)
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

2,798.32 320.00
2,638.21 2,208.20 5,622.00

$ 14.504.23

$ 59.579.73

$128.455.19

VALUE OF PLANT, JULY 1, 1955

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956

$1,567,763.06

ADDITIONS: Expended from Plant Funds

$59,579.73

Expended from Educational & General and Included in

Current Expenditures

14,655.54

Expended from Auxiliary Funds and Included in Current Expenditures

997.52

Buildings & Contents Constructed by University System

Building Authority

22,476.96

TOTAL ADDITIONS

97.709.75

VALUE OF PLANT, JUNE 30, 1956 WITH ADDITIONS

$1,665,472.81

LESS: Deductions of Cottages Sold as Surplus Wooden Structure Razed Dining Hall Equipment Expended

$ 3,000.00 315.00 300.00

TOTAL DEDUCTIONS

3.615.00

VALUE OF PLANT, JUNE 30, 1956

$1,661,857.81

LESS: Equity of University System Building Authority

656.029.01

INVESTMENT IN PLANT, JUNE 30, 1956

$1-005.828.80

367

ALBANY STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

LAND
BUILDINGS McIntosh Hall (Building Authority) Science Building (Building Authority) Sanford Hall (Building Authority) Margaret Rood Hazard Library Caroline Hall Dining Hall Hazard Training School Hazard Training School Annex Gibson Hall Peace Hall Davis Hall Boys* Project Cottages (Four Buildings) Nursery School (Farm House) N. Y. A. Bath House President's House Garage Laundry (Science Auxiliary) Maintenance Shop Student Center
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Administrative Offices 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

$ 22.400.00 $

Investment End of Deductions Year

$

$ 22.400.00

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

$ 9,580.42 3.00 600.00
22,947.50 4,932.39 9,620.00 300.00 14.50 4,017.41 1,843.70
800.00 $ 54.658.92

$
3,000.00 315.00
$ 3.315.00

$ 187,057.30 283,416.89 229,549.51 25,066.63 156,056.76 79,390.91 56,508.70 300.00 47,035.57 67,729.97 36,969.63 8,000.00
1,499.08 1,200.00
750.00 12,000.00
315.00
900.00 35,518.83 $1,229,234.79

$ 21.034.92 $

$ ....... $ 21.034.92

$ 26,073.95 $ 3,375.74 $

22,868.13

2,803.16

103,242.28

2,719.24

98,086.73

14,411.10

22,913.26

780.07

423.00

80.18

1,135.96

201.98

30,508.27

3,147.61

17,366.73

9,031.40

12,893.54

4,860.64

471.35

9.425.57

2.638.21

346.407.27 $ 43.050.83 $

300.00 300.00

$ 29,449.69 25,671.29
105,961.52 112,497.83
23,393.33 503.18
1,337.94 33,655.88 17,366.73 21,924.94
4,860.64 471.35
12.063.78 $, 389,158.10

$1,567,763.06 $ 97.709.75 $ 3.615.00 $1,661,857.81

368

FORT

V A L L E Y STATE
FINANCIAL REPORT

COLLEGE

For the Year Ended June 30, 1956

Fort Valley State College Fort Valley, Georgia

369

FORT VALLEY STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable Due from Endowment Funds TOTAL GENERAL FUNDS

$ 20,671.27 9,225.99
_______ 336.86

30,234.12

B. RESTRICTED

Cash in Bank

$ 1,680.06

Accounts Receivable TOTAL RESTRICTED FUNDS

1.447.62

3,127.68

,

ft
C. AUXILIARY

Cash in Bank Accounts Receivable Inventories

$ 23,929.58 930.42
6,021.92

TOTAL AUXILIARY FUNDS

30.881.92

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank

64,243.72
29,718.86

III.

ENDOWMENT FUNDS Cash in Bank Due from Jamison Estate Investments
U.S. Securities Preferred and Common Stock Fort Valley State College Dormitory University System Building Authority Bonds
TOTAL ENDOWMENT FUNDS

$ 2,666.75 336.86

$ 40,100.00 12,026.46 7,928.38 2.000.00

62.054.84

65,058.45

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

$

487.25

________ 45.00



532.25

$ 100,222.92 13.390.14 $ 113,613.06

r
370

FORT VALLEY STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

LIABILITIES

I, CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Unappropriated Surplus
B. RESTRICTED Fund Balance

$ 7,740.98 7,179.12 9,619.59 5.694.43 $ 30,234.12
$ 3,127.68

TOTAL RESTRICTED
C. AUXILIARY Accounts Payable Purchase Orders Outstanding Reserve for Inventories Due to Plant Fund Unearned Income Surplus TOTAL AUXILIARY

4,217.62 1,994.67 6,021.92 13,390.14 4.221.78 1.035.79

3,127.68 30.881.92

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

$ 64,243.72 29,718.86

III. ENDOWMENT FUNDS Due to General Funds Fund Balance

336.86 64,721.59

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Fund Balance
TOTAL UNEXPENDED

65,058.45

$

532.25

532.25

$ 113.613.06 $ 113,613.06

371

ASSETS (CONTINUED)

FORT VALLEY STATE COLLEGE

V. PLANT FUNDS (CONTINUED) B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 53,288.10 2,365,913.25 87,989.99 671.595.28

$3.178.786.62

$3,292.399.68

$3.451.952.96

372

FORT VALLEY STATE COLLEGE

LIABILITIES (CONTINUED)

V. PLANT FUNDS (CONTINUED)

B. EXPENDED

Due to Endowment Funds

$ 7 9928.38

Equity of University System Bldg. Authority 1,247,581.08

Invested in Plant

1.923,277.16

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

S3.178.786.62 S3.292.399.68 S3.451.952.96

H> 373

FORT VALLEY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

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
SALES AND SERVICES Farm
OTHER SOURCES Property Rentals
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFERS : From University of Georgia
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
AUXILIARY ENTERPRISES CAMPUS STORE
DINING HALL
DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES

General Income

Restricted Income

Total Income

$ 66,966.85 $ 3,147.00 4,062.14
16,670.59 6,576.10 3.373.38 $100,796.06 _ J __________

$ 66,966.85 3,147.00 4,062.14
16,670.59 6,576.10 3.373.38 $100,796.06

$ 55,176.22 424,300.00
$479,4 76.22

$
9,875.65 32.236.00 $42,111.65

$ 55,176.22 424,300.00 9,875.65 32.236.00
$521,587.87

$ 1,861.72 $ 544.00
$ 2.405.72 $
$ 16.924.87 . $ .

$ 1,861.72 ,, 544.00 $ 2.405.72
$ 16.924.87

$ 325.00 _J____

$ 325.00

$599,927.87 $42,111.65 $642,039.52

$

$ 9.600.00 $ 9.600.00

$599,927.87 $51,711.65 $651,639.52

$ 28.350.46 J __________ $ 28.350.46 $158,337.37 J __________ $158,337.37

$ 18,446.25 $ 7,442.25
14,325.75 21.465.23 $ 61.679.48 $

$ 18,446.25 7,442.25
14,325.75 211465.23 $ 61.679.48

374

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 STUDENT AID
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$ 11.201.99 $___________ $ 11.201.99

8.118.00 $ ____

$ 8.118.00

$267.687.30 $

$267.687.30

$

$ 2,500.00 $ 2,500.00

800.00

800.00

$

$ 3.300.00 $ 3.300.00

$867.615.17 $55.011.65 $922.626.82

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Business Office General Administration President's Office Registrar's Office Public Relations
STUDENT WELFARE Dean of Men Dean of Women Infirmary Office-Student Personnel TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Administrative Dean Agriculture Art Business Education

Fund Classification General Restricted

Object Classification

Salaries

Operating

and Waqes

Supplies & Expense

Equipment

$ 25,110.66 $ 22,533.62 12,228.21 16,229.88 2.737.23
4L$78.839.60 $

$ 23,692.98 $ 1,194.73 $

3,582.50

18,205.12

12,002.00

200.21

14,758.34

1,471.54

2.430.00

307.23

$ 56.465.82 $ 21.378.83 $

222.95 746.00
26.00
994.95

$ 2,042.07 $ 3,684.09 7,139.20 2.493.46
$ 15.358.82 $
$ 89.328.52 $
$ 41.519.88 $

$ 1,840.00 $ 202.07 $

3,546.67

137.42

6.489.00

650.20

2.350.00

143.46

$ 14.225.67 $ 1.133.15 J_______

$ 41.404.56 $ 41.687.53 $ 6.236.43

$ 22.403.55 $ 1.951.66 $17.164.67

$ 10,029.78 30,578.32 4,115.77 3,743.47

$ 23,686.00

$ 9,676.04 $ 43,477.58 3.720.00 3.570.00

319.33 7,262.55
395.77 173.47

$ 34.41 3,524.19

375

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

-- __________ _ _______________ Object Classificiation_______

Salaries

Operating

Fund Classification

And

Supplies

General Restricted Wages

& Expense

Equipment

A. EDUCATIONAL & GENERAL (CONT.) INSTRUCTION (CONTINUED) Education English Health Education Home Economics Languages Library Service Music Nursery School Reading Clinic Science Social Science Summer School TOTAL INSTRUCTION

$ 27,575.72 25,062.19 12,181.65 15,538.07 11,165.23 157.65 17,343.28 656.24 568.24 59,674.42 28,416.35 41.090.00
$287.896.34

$ 5.600.00 3.762.00
5.450.00 $38.498.00

$ 26,253.33 29.880.00 11.740.00 18.807.50 10.600.00
16,245.34 120.00
47,028.52 27,785.00 36.897.50 $285.800.81

$ 1,322.39 782.19 441.65 492.57 565.23 157.65 849.28 536.20 373.00
6,945.63 581.90
4.192.50 $ 25.391.31

$
248.66 195.24 11,150.27 49.45 $15.202.22

ACTIVITIES RELATED TO INSTRUCTION

Farm

$ 26,785.75

Demonstration High School TOTAL ACTIVITIES RELATED TO INSTRUCTION

62.527.54 $ 89.313.29

$ $ ..

$ 13,119.33 $ 13,666.42 $

60.196.60

2.266.66

$ 73.315.93 $ 15.933.08 $

64.28 64.28

EXTENSION In-Service Classes Vocational Education TOTAL EXTENSION

$ 2,250.00 $

$ 2,250.00 $

$

3.937.22

1.950.03

1.987.19

$ 2.250.00 $ 3.937.22 $ 4.200.03 $ 1.987.19 $

RESEARCH Agriculture Rsch. Corp & School Science Carnegie TOTAL RESEARCH

$

$10,793.42 $ 8,208.91 $

322.42 $ 2 ,262.09

932.83 2,500.00

1,868.00

1,111.76

453.07

541.73

541.73

$ 1.474.56 $13.293.42 $ 10.618.64 $ 1.434.18 $ 2 .715.16

TOTAL EDUCATIONAL & GENERAL

$605.981.01 $55.728.64 $508.435.01 $110.896.93 $42.377.71

AUXILIARY ENTERPRISES CAMPUS STORE

$ 30.595.20 $

$ 6.019.77 $ 24.575.43 $

DINING HALL

$133.471.81 $

$ 43.758.87 $ 89.124.70 $ 588.24

DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES

$ 11,977.81 $ 9,327.93
12,265.74 24.084.13 $ 57.655.61 $

$ 8,190.03 $ 3,770.19 $

6,686.27

2,624.06

8,175.73

4,072.41

14.445.24

9.610.93

$ 37.497.27 $ 20.077.59 $

17.59 17.60 17.60 27.96 80.75

LAUNDRY

$ 8.580.69 1 __________ $ 7.901.31 $

605.76 $

73.62

FACULTY HOUSING

$ 4.586.06 $

$ 2.313.42 -$ 2.279.A4

376

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

TOTAL AUXILIARY EXPENDITURES
TRANSFER TO: Plant Funds-Debt Service Plant Funds-Replacement Reserve TOTAL TRANSFERS
TOTAL AUXILIARY DISBURSEMENTS
STUDENT AID Scholarships Allstate Foundation
TOTAL STUDENT AID
TOTAL CURRENT EXPENDITURES

Fund Classification General Restricted

Obi ect Classification

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

$234.889.37 $

$ 97.490.64 $136.656.12 $ 742.61

$ 1,189.76
12.204.38 $ 13.394.14
$248.283.51

-t t tO
In CD
oo oo bb oo

$

$ 800.00 $

$

2 .500.00

$

$ 3,,300.00 $

$ 3.300.00 _i_______

$840.870.38 $59.028.64 $605.925.65 $250.853.05 $43.120.32

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1956

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Income on Investments
DEDUCTIONS Transfer to General Funds
BALANCE OF PRINCIPAL, END OF YEAR
STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1956

Endowment Funds

Loan Funds

$64.684.09 $532.25

$ 2.405.72 $

$ 2.405.72 $ $64.684.09 $532.25

ENDOWMENT FUNDS General,Funds George Leask Fund
TOTAL ENDOWMENT FUNDS

Balance Beginning Of Year

Balance End Additions Deductions Of year

$43,071.66 $1,861.72 $ 1,861.72 $43,071.66

21.612.43

544.00

544.00 21.612.43

$64.684.09 $2.405.72 $ 2.405.72 $64.684.09

377

FORT VALLEY STATE COLLEGE STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

LOAN FUNDS William Hubbard Fund
TOTAL TRUST FUNDS

Balance Beqinninq Of Year

Balance End Additions Deductions Of Year

$ 532.25 _ J _________ $

$ 532.25

$65.216.34 $2.405.72 2.405.72 $65.216.34

SUMMARY OF INVESTMENTS For Year Ended June 30, 1956

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

Earninqs

$ 1,600.00 35,500.00 3.000.00
$40.100.00

$ 44.00 887.50 67.50
$ 999.00

$ 2,276.46 $ 375.00

9,750.00

600.00

JL $12.026.46

975.00

$ 7,928.38 2.000.00
$ 9.928.38

$ 371.72 60.00
$ 431.72

$62.054.84 $2.405.72

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1956

EDUCATIONAL AND GENERAL Science Research Julius Rosenwald Fund Morrill-Nelson Funds Vocational Funds Agriculture Research
TOTAL EDUCATIONAL AND GENERAL

Balance Beginning Of Year

Receipts For Year

Disbursements
For Year

Balance End Of Year

$ 2,603.85 300.00 .31
(->1,124.05 1.416.94
$ 3.197.05

$
32,236.00 9,875.65 9.600.00
$51.711.65

$ 2,500.00
32,236.00 10,199.22 10.793.42 $55.728.64

$

103.85

300.00

.31

(->1,447.62

223.52

$(-) 819.94

378

FORT VALLEY STATE COLLEGE STATEMENT O F 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

Disbursements
For Year

Balance End Of Year

$ 2,500.00 $ 2,500.00 $ 2,500.00 $

800.00

800.00

$ 2.500.00 $ 3.300.00 $ 3.300.00

$ 5.697.05 $55.011.65 $59.028.64 $

2,500.00 2.500.00 1.680.06

STATEMENT OF CHANGES IN CASH BALANCE For Year Ended June 30, 1956

CURRENT FUNDS General Restricted Auxiliary Enterprises TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash

Balance

Receipts

July 1. 1955 For Year

Disbursements Cash

For

Balance

Year

June 30. 1956

$ 26,724.41
5,697.05
4.525.79
i- 36.947.25

$ 599,927.87
55,011.65
267.687.30
$ 922.626.82

$ $ 605,981.01
59,028.64
248.283.51
$ 913.293.16 J L

20,671.27 1,680.06
23.929.58 46.280.91

JL 20.467.79 $ 46.606.55 $ 37.355.48

29.718.86

JL 46.247.72 $ 194.432.33 $ 140.457.13

100.222.92

$ $ 1,848.71
487.25
$ 2.335.96 $

$ 818.04
818.04

$ 2,666.75
487.25
$ 3.154.00

$ 105.998.72 $1 .164.483.74 $1.091.105.77 $ 179.376.69

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Alumni Association Application Deposits Athletic Association Faculty Gift Fund Fraternities and Sororities Room Deposits Student Activities Student Deposits
TOTAL

Cash Balance Receipts Disbursements Cash Balance

July ]. 1955 For Year

For Year

June 30I. 1956

$

834.34 $ 237.00 $

10, 682.88 3,170.70

161.05 21,412.99

52.93

355.66

582.94

544.00

172,.35 $ 1 ,506 .33 19 ,760 .71
265 .84 980 .00

671.45 7,,327.55
154-65

16,523.46 4.362.74

11 ,118 .91 3 ,551 .34

$ 2D, 467.79 $46,606.55 $ 37, 355. 48 $

898.99 12, 347.25
1. 813.33 142.75 146.94 671.45
12, 732.10 966.05
29 ,718.86

379

FORT VALLEY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

Balance

Disburse-

July 1. 1955 Receipts_______ ments______Transfers

Balance June 30. 1956

Academic Building

$

Administration Building

Agriculture Improvements

Dining Hall, Equipment &

Renovations

Home Management House

Huntington Hall

Laundry

Nursery School

Ohio Hall

Patton Hall

Trades Building

Student Union-Davison

Tennis Court

Water System

Science Laboratory

General Plant Funds

Faculty Housing-Duplexes

Educational Outlay-Non-Recurring

Expenditures

Dairy Building and Project

Athletic Field and Facilities

Agronomy Barn (General Purpose

Barn)

Infirmary

Replacement Reserve

2,092.58 32,050.15
142.47
7,535.92 187.80
(-)742.51 3,689.74 (-)109.13 (-1240.38
443.09 265.47 311.63
1.38 24.52 25.40 130.90
95.53

$ 10,727.95 39,000.00
38,000.00 12,000.00 60,000.00 14,000.00 8,500.00 12.204.38

$ 34,843.79 401.00 46,357.36
1.65 38,000.00
7,200.19 6,019.14 7,634.00

$(-)l,622.32 2,500.00 (-1142.47
(-1187.80 742.51
109.13 240.38 (-1443.09 (-1265.47 (-1311.63 (-11.38 (-122.87 (-125.40 (-1130.90
(-195.53

1!

470.26

(-1293.64

10,326.95

178.56

3,689.74

4,799.81 53,980.86 14,000.00
866.00
12.204.38

TOTAL PLANT FUNDS

$ 4 6 . 2 4 7 . 7 2 $194.432.33 $140.457.13 $

$ 100.222.92

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS State of Georgia Fire Loss Recovery Transfer from Regents Rental Fund Transfer from Auxiliary Enterprises TOTAL ADDITIONS
DEDUCTIONS: EXPENDED FOR PLANT ADDITIONS Buildings and Additions Administration Building
380

Funds for Plant Additions

Funds for Debt
Service

Total

$ 46.247.72 .$

$ 46.247.72

$125,000.00 19,227.95 38,000.00 12.204.38
$194.432.33

$
1.189.76 $1.189.76

$125,000.00 19,227.95 38,000.00 13.394.14
$195.622.09

$ 34,843.79 $

$ 34,843.79

FORT VALLEY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) EXPENDED FOR PLANT ADDITIONS (CONTINUED) Buildings and Additions (Continued) Dining Hall Faculty Housing-Duplexes Agronomy Barn TOTAL BUILDINGS AND ADDITIONS
Improvements Other Than Buildings Water System Dairy Building and Project TOTAL IMPROVEMENTS
EQUIPMENT Agriculture Educational Outlay 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

$ 46,357.36 $ 38,000.00 7.634.00
$126.835.15 $

$ 46,357.36 38,000.00 7.634.00
$126-835.15

$

1.65 $

6.019.14

$ 6.020.79 $

$

1.65

6.019.14

$ 6.020.79

$ 401.00 $ 7-200.19
$ 7.601.19 $
$140.457.13 $

$ 401.00 7.200.19
$ 7.601.19
$140.457.13

$

$ 818.04 $ 818.04

371.72

371.72

$

$1,,189.76 $ 1.189.76

$140.457.13 $1,.189.76 $141.646.89

$100-222.92 $

$100.222.92

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956
VALUE OF PLANT, JULY 1, 1955

$2,974,610.88

ADDITIONS DURING YEAR Expended from Plant Funds

$ 140,457.13

Expended from General Funds and Including Current Expend.

42,377.71

Expended from Auxiliary Funds and Including Current Expenditures

742.61

Buildings and Contents Constructed by University System

Building Authority

---- 37,501.62

TOTAL ADDITIONS

221.079.07

VALUE OF PLANT JULY 1, 1955 PLUS ADDITIONS

$3,195,689.95

DEDUCTIONS DURING YEAR General Purpose Barn Destroyed by Fire
VALUE OF PLANT JUNE 30, 1956

16.903.33 $3,178,786.62

381

FORT VALLEY STATE COLLEGE
SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
DEDUCTIONS Loans Payable to Endowment Fund Equity of University System Building Authority TOTAL DEDUCTIONS
NET INVESTMENT IN PLANT, JUNE 30, 1956

<jj y 928 38 l 247*581 08
^247,,581.08
$1.923.277.16

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Investment

Year

Beginning

Acauired Of Year

Additions

Investment End Deductions Of Year

LAND Campus, 97 Acres Farm, 50 Acres Farm, 219.65 Acres Farm, 130 Acres Farm, 138.9 Acres Farm, 10 Acres
TOTAL LAND

1895 1940 1943 1950 1952 1954

$ 9.765.00 $ 3.075.00 9.262.00
15,763.40 15,122.70
300.00 L 53.288.10 1

BUILDINGS

Academic

1929

$

Agric. Science (Bldg. Auth.) 1954

Band Room

1915

Barn, General Purpose

1953

Barn, Beef Cattle

1954

Barn, Cattle

1915

Barn, Dairy

1926

Brooder Houses

1945

Carnegie Building

1925

Davison Hall

1948

Demonstration Cottage

1920

Demonstration School (Bldg.

Authority) Dining Hall

1954 1932

Education Bldg. (Bldg. Auth.) Under Const.

Faculty House #1

1941

Faculty House #2

1941

Faculty House #3

1941

Faculty House, 706 S. Macon 1934

Faculty House, 710 S. Macon 1924

Faculty Duplexes (2)

1956

Farm House *1

1953

Farm House #2

1953

Farm House #3

1920

Farm House #4

1920

Farm House #5

1920

Farm House #6

1910

Feed House

1948

125,056.40 403,527.20
250.00 16,903.33
1,194.72 270.00
3,000.00 200.00
30,116.25 228,736.23
1,850.00
213,823.87 51,316.49
2,700.00 2,700.00 3,000.00 4,366.00 3,600.00
4,925.27 4,925.27
250.00 340.00 486.00 400.00 100.00

$ 5,661.74
34,843.79
2.90 46,357.36 29,048.84
38,000.00

$
$ $
16,903.33

$ 9.765.00 3.075.00 9.262.00
15,763.40 15,122.70
300.00 $ 53.288.10
$ 125,056.40 409,188.94 250.00
1,194.72 270.00
3,000.00 200.00
64,960.04 228[736.23
1[850.00
213,826.77 97,673.85 29,048.84 2,700.00 2,700.00 3,000.00 4 366.00 3,600.00 38,000.00 4,925.27 4,925.27 250.00 340 00 486 00 400.00 100.00

382

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment
Beginning Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS (CONTINUED) Field House Garages (2) Home Management House Hunt Library (Bldg. Auth.) Huntington Hall Infirmary Jeanes Hall (Bldg. Auth.) Laundry Laying Houses (2) Nursery School Agronomy Barn Ohio Hall Patton Hall Post Trestment House Potato House Poultry House President^ Home Shed, Equipment Shed, Miscellaneous Storage Warehouse Trades Building Turkey House Veteran Apartments Dairy Bldg. & Project
(Incomplete) TOTAL BUILDINGS

1940 1940 1953 1952 1908 1934 1952 1916 1947 1938 1956 1930 1937 1954 1924 1954 1900 1953 1921 1953 1926 1949 1946
1956

C. IMPROVEMENTS OTHER THAN BLDGS.
Deep Well Fencing and Pastures Irrigation System Landscaping Tennis Courts Water System
TOTAL IMPROVEMENTS

D. EQUIPMENT Administration Offices Agric. Sei. Bldg. (Bldg. Auth.) Physical Plant Library Library (Bldg. Auth.) Dormitories Dormitories (Bldg. Auth.) Dining Hall Demonstration School (Bldg. Auth.)
Farm Related Activities

$

500.00 $

2.635.00

31,824.94

221,704.47

40,346.67

18,222.19

498,831.06

127.50

4.215.00

600.00

5,214o13

7,634.00

114,055.59

64,239.40

4.400.00

540.00

13,502.03

16,452.74

9,867.95

350.00

10,955.26

32,227.85

400.00
, 20 000.00

500.00 2.635.00 31,824.94 221,704.47 40,346.67 18,222.19 498.958.58 4.215.00
600.00 5,214.13 7.634.00 114.055.59 64,239.40 4.400.00
540.00 13,502.03 16,452.74
9,867.95 350.00
10,955.26 32,227.85
400.00
, 20 000.00

6 - 0 1 9 . 1 4 ___________ 6.019.14 $2,,215.121.31 $167-695.27 $16.903.33 $2.365.913.25

$ 22,017.87 $ 3,851.69 2,433.94 3,852.86 498.62
54.932.36 $ 87-587.34 $

$

$

401.00

1.65 402.65 _i_________ $

22,017.87 4,252.69 2,433.94 3,852.86 498.62
54.934.01 87.989.99

27,551.42 1,718.61
260,163.96 124,168.30
18,515.70 51,636.95 41,873.22 23,720.10 17,173.13 48,945.50
223.05

$ 994.95 2,285.68
28,703.12 17,164.67
80.75
588.24 374.96 2,262.09 453.07

28,546.37 4,004.29
288,867.08 141,332.97
18.515.70 51.717.70 41,879.22 24,308.34 17,548.09 51,207.59
676.12

383

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

EQUIPMENT (CONTINUED) Laundry
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$ 2.924.19 $

73.62 $

$ 618.614.13 $ 52.981.15 _$____

$ 2.997.81 $ 671.595.28

$2.974.610.88 $221.079.07 $16.903.33 $3.178.886.62

384

SAVANNAH STATE COLLEGE FINANCIAL REPORT
For the Year Ended June 30, 1956
Savannah State College Savannah, Georgia
385

SAVANNAH STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

ASSETS

CURRENT FUNDS A. GENERAL
Cash on Hand and in Bank Accounts Receivable Due from Auxiliary Funds

$ 2,147.57 18,250.98 12,000.00

TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores Inventory

$ 32,398.55
$ 13,862.03 10,434.00 10,960.76

TOTAL AUXILIARY

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank Due from Auxiliary Funds
TOTAL UNEXPENDED

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

TOTAL PLANT FUNDS

TOTAL ASSETS

35.256.79 $ 67,655.34
34,046.96

$ 8,656.09 19,902.47 $ 28,558.56

$ 109,296.87 1,910,527.87 459,585.93 487.866.54

2.967.277.21

2.995.835.77

$3,097.538.07

NOTE: Buildings are valued at cost. Based on an appraisal made during 1953-54, buildings had a sound value of $2,381,400.

386

(
\
r
iV
(>*

SAVANNAH STATE COLLEGE

BALANCE SHEET JUNE 30, 1956

LIABILITIES

I. CURRENT FUND A. GENERAL Accounts Payable Purchase Orders Outstanding Reserved for Unearned Income Social Security Taxes Due Unappropriated Surplus TOTAL GENERAL FUNDS

$

7,560.76

615.80

7,715.78

877.53

15.628.68

$ 32,398.55

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Due to Educational & General Due to Plant Funds Reserve for Stores Inventory Unearned Income Deficit, June 30, 1956 TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$ 9,584.29 218.32
12,000.00 19,902.47 10,960.76
3,227.80 (-)20.636.85

35,256.79 $ 67,655.34

II. AGENCY FUNDS Fund Balance

34.046.96

III. PLANT FUNDS A. UNEXPENDED Fund Balance
TOTAL UNEXPENDED

$ 28,558.56 $ 28,558.56

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

$ 924,647.23 2,042,629.98 2.967.277.21 2.995.835.77
$3.097.538.07

.

387

SAVANNAH STATE COLLEGE

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1956

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees TOTAL STUDENT FEES

5,395.70 79,139.57 11,150.52 17,460.54
2.062.24

$115,208.57

PUBLIC APPROPRIATION

State of Georgia

$481,650.00

State Department of Vocational Education

27,145.16

Division of General Extension

5,581.55

Chatham County Board of Education

2.283.34

a

TOTAL GOVERNMENT BONDS

516,660.05

GIFTS AND GRANTS Phelps-Stokes Project

300.00

SALES AND SERVICES

3,980.77

OTHER SOURCES

1.495.25

TOTAL EDUCATIONAL AND GENERAL INCOME

$637,644.64

B. AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL

$ 41,281.51

.

104,969.17

DORMITORIES Faculty Cottages Hubert Hall Parsons Hall Wright Hall TOTAL DORMITORIES

$ 6,995.70 17,541.05 4,486.00 19.165.04

48,187.79

LAUNDRY

8,989.14

TOTAL AUXILIARY INCOME

203.427.61

TOTAL CURRENT INCOME

$841.072.25

4 *

388

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1956

_______ ___________ Object Classification_______ _

Operating

Salaries

Supplies &

Total______ & Wages

Expenses

Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Alumni and Public Relations Business Office General Administrative Expenses President's Office Registrar's Office TOTAL ADMINISTRATIVE AND GENERAL

$ 11,970.60 18,254.60 33,533.56 14,269.27 14.593.02
$ 92.621.05

$ 8,785.17 17,063.35 6,231.73 13,174.93 12.790.59
$ 58.045.77

$ 2,176.11 1,191.25
27,301.83 1,094.34 1.416.92
$ 33.180.45

$ 1,009.32
385.51 $ 1.394.83

STUDENT WELFARE Director of Student Personnel Service Dean of Men Dean of Women Health Services TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 15,200.08 2,488.90 2,627.09 7.275.46
$ 27.591.53

$ 12,585.23 $ 2,488.90 2,627.09 5.953.34
$23.654.56 $

2,614.85 $
1.322.12. 3.936.97 $

$ 73.932.09 $ 34.760.53 $ 38.894.50 $ 277.06

$ 30.062.01 $ 17.619.80 $ 1.435.32 $11,006.89

INSTRUCTION Dean of Faculty Audio-Visual Aids Biology Business Chemistry Economics Education Fine Arts General Education Health & Physical Education Home Economics Industrial Arts Languages and Literature Mathematics and Physics Social Science Summer School TOTAL INSTRUCTION

$ 25,778.59 4,098.77
18,530.71 14,277.97
9,006.26 5,956.54 34,439.90 26,786.17 4,713.37 20,856.70 19,254.32 45,407.55 45,113.83 26,376.88 34,426.97 46.769.99 $381,794.52

$ 18,185.93 2,600.00 17,300.00 13,488.67 7,844.87 5,900.00
33,726.67 24,800.00
3,361.20 20,000.00 16,250.00 38,280.67 44,993.33 25,300.00 34,331.89 45.552.45 $351,915.68

$ 7,141.66 1,498.77 1,175.26 789.30 1,161.39 56.54 713.23 1,620.37 1,352.17 856.70 2,555.95 7,126.88 120.50 801.01 95.08 1.217.54
$ 28.282.35

$ 451.00 55.45
365.80 448.37 275.87 $ 1.596.5

RESEARCH

$ 671.00 $

$ 671.00 $

GENERAL EXTENSION

1 5.035.04 $ 4.182.44 $ 852.60 $

TOTAL EDUCATIONAL & GENERAL DISBURSEMENTS $611.707.24 $490.178.78 $107.253.19 $14,275.27

389

SAVANNAH STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL
DORMITORIES Faculty Cottages Hubert Hall Parsons Hall Wright Hall AvIAL UUKMllUKlJCo
LAUNDRY
TOTAL AUXILIARY DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Obiect Classification

Operating

Salaries

Supplies

G Wacres

G Expenses Eauioment

$ 45.992.94 $ 8.838.74 $ 37.154.20 $ $ 90.155.80 $ 21.672.27 $ 67.389.98 $ 1,093 .55

$ 7,715.66 $ 3,784.68 $ 3,930.98 $

14,841.64

9,857.23

4,984.41

5,811.19

2,703.35

3,107.84

15.471.59

8.983.03

6.310.61

$ 43.840.08 $ 25.328.29 $ 18.333.84 $

177,,95 177, 95

$ 8.588.53 $ 7.069.32 $ 1.519.21 $

$188.577.35 $ 62.908.62 $124.397.23 $ 1, 271. 50

$800.284.59

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1956

CURRENT FUNDS General Auxiliary lulAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTALS

Balance Julv 1. 1955

Receipts For Year

Disbursments Balance For Year June 30. 1956

$(-)23,789.83 $ 637,644.64 $ 611 ,707.24 $

(-)988.23

203.427.61

188,.577.35

_L. 0 24.778.06

841.072.25 $ 800,.284.59 $

20.252.06

133.362.97 $ 119,,568.07 $

JL 6.405.76

75.232.25 $ 72,,981.92 i

I ; 1.879.76 $1.049.667.47 $ 992, 834.58 $

2 ,147,.57 13 86? 03 16 009 60
34 046 96
8 656 09
58, 712. 65

BANK BALANCES
Liberty National Bank and Trust Company Educational and General Auxiliary Enterprises Agency Funds Petty Cash
TOTAL BANK BALANCES

$10 303 22 13*972*62 SS^isi 600.00
$58.712.65

390

SAVANNAH STATE COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1956

Campus Chest Class Accounts Due from Vocational Rehabilitation Due from University System Building
Authority Federal Excise Tax Payable Scholarships, Awards & Prizes Student Activities Student Clubs, Organization, Etc. Student Deposits State Sales Tax Payable Teachers' Retirement Withholding Tax
TOTALS

Fund Balance Receipts July 1. 1955 For Year

Disburse ments

Fund Balance June 30. 1956

$ 1,154.84 $ 3,090.42 $ 2,064.33 $

1,010.71

1,126.92

616.55

(-)18.00

186.00

216.00

2,180.93 1,521.08 (-M8.00

(-1701.25

856.15

155.34

.73

85.89

51.45

280.98

3,986.00

2,577.30

3,452.15

30,850.50

27,879.96

965.81

16,262.46

10,983.84

14,049.00

3,355.00

1,578.00

57.09

1,037.09

918.76

21,565.49 21,565.49

50.961.05 50.961.05

1 20.252.06 $133,362.97 $119,568.07 $

(-).44 35.17
1,689.68 6,422.69 6,244.43 15,826.00
175.42
34.046.96

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1956

BALANCE, BEGINNING OF YEAR
ADDITIONS Regents Allotment
TOTAL ADDITIONS PLUS BALANCE
DEDUCTIONS Buildings and Additions to Buildings College Center Hammond Hall Herty Hall Hubert Hall Meldrim Hall TOTAL BUILDINGS & ADDITIONS TO BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS Equipment Steam Distribution Lines TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
INDEBTEDNESS RETIRED AND OTHER DEDUCTIONS Payment to University of Georgia Parsons Hall - Loan Interest
TOTAL DEDUCTIONS BALANCE, END OF YEAR
391

Funds For Plant Additions

Funds For Debt Service

Service

$ 6.405.76 _________ $ 6.405.76

$53.500.00 $21.732.25 $75.232.25 $59,905.76 $21,732.25 $81,638.01

$ 55.20 1,352.34 4,741.32
12,767.05 16.372.23 $35.288.14

$ $______

$ 9,271.57 $ 6.689.96
$15,961.53 $

$ 55.20 1,352.34 4,741.32
12,767.05 16. 372.23 $35.288.14
$ 9,271.57 6.689.96
$15,961.53

$

$21,358.48 $21,358.48

373.77

373.77

$51,249.67 $21,732.25 $72,981.92

$ 8.656.09 $

$ 8.656.09

SAVANNAH STATE COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1956
VALUE OF PLANT, JULY 1, 1955
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 by University System Building Authority
TOTAL ADDITIONS
VALUE OF PLANT, PLUS ADDITIONS, JUNE 30, 1956
DEDUCTIONS DURING YEAR Old Heating Plant Equipment Inventory Adjustment
TOTAL DEDUCTIONS
VALUE OF PLANT, JUNE 30, 1956
DEDUCT Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1956

$2,863,645.26

$51,249.67

14,275.27

1,271.50

58.432.82

125.229.26

$2,988,874.52

$21.597.31

21.597.31

$2,967,277.21

924.647.23 $2.042.629.98

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1956

Investment

Year

Beqinninq

Acquired Of Year

Additions

Investment End of Deductions Year

LAND Campus Off Campus
TOTAL LAND

1890

BUILDINGS

Adams Hall

1932

Band Stand

1941

Building #41

1952

Camilla Hubert Hall

1937

Central Heating Plant (B.A.) 1954

College Center

1947

Concession Stand

1951

Cottage #1

1903

Cottage #2

1908

Cottage #3

1908

Cottage #4

1931

Cottage #5

1932

Cottage #6

1908

Cottage #7 Cottage #8

1908 1936

$ 108,550.37 $

$

746.50

$ 109.296.87 $ ......

$

$ 71,974.46 $

$

600.00

15,228.93

155,455.81 12,767.05 129,000.00

16,598.84

55.20

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

$ 108,550.37 746.50
$ 109.296.87
$ 71,974.46 600.00
15,228.93 168,222.86 129,000.00
16,654.04 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

392

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Accruired Of Year

Additions

Investment End of Deductions Year _____

B. BUILDINGS (CONTINUED) Cottage #9 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 Lab. School Storage Sheds (3) Maint. Trades Building White Hall Willcox Hall Wiley Hall (Bldg. Auth.) Wright Hall (Bldg. Auth.) TOTAL BUILDINGS

1951 1938 1938 1947
1908 1938 1905 1938 1947 1938 1921 1939 1923 1936 1938 1890 1935 1939 1945 1951 1934 1955 1955

$ 7,000.00 $ 20,149.11

5,270.00

21,996.59

500.00

31,370.99 74,683.59

1,352.34 4,741.32

160,501.37

13,874.46

19,884.77

650.00

9,180.00

5,373.90

169,130.65

16,372.23

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

39,380.24 2.70

$1.835.856.79 $ 74.671.08 $.

$ 7 ,000.00 20,149.11 5.270.00 21,996.59 500.00 32,723.33 79,424.91 160,501.37 13.874.46 19,884.77 650.00 9.180.00 5,373.90 185,502.88 54,455.87 5,330.22 57,123.19 21,018.04 2 ,100.00 32,091.18 41.479.46 92,580.32 229,035.06 353.304.72
$1.910.527.87

C. IMPROVEMENTS OTHER THAN BLDGS. Campus Lighting System Central Htg. System (B.A.) Development of Ath. Area Sewerage Disposal System (B.A.) Streets & Sidewalks Telephone System Water System TOTAL IMPROVEMENTS

$ 58,889.94 $

$

104,502.06

7,847.10

18,259.18

172,132.77

2.70

35,200.00

800.00

6 1 . 9 5 2 . 1 6 _________

'$ 451,736.13 $ 7.849.60__

$ 58,889.94 112,349.18 18,259.18 172,135.47 35,200.00 800.00 61.952.16
$ 459.585.93

D. EQUIPMENT Administrative Offices Personnel Services Physical Plant Physical Education (Bldg. Auth.)
Library Instructional Departments
Extension College Center

$ 24,952.22 $ 2,699.73 $ 969.03 $ 26,682.92

6.886.72

418.59

7,305.31

69,884.34

277.06 20,190.60

49,970.80

2.944.72

17.890.04

20,834.76

83,745.02

12.619.05

718.25

95,645.82

175,710.43

12,821.77

6,318.27

182,213.93

966.50

40.00

1,006.50

11,895.58

299.83

12,195.41

18,259.30

1,093.55

1,117.07

18,235.78

I

Dining Hall

Dormitories

Dormitories (Bldg. Auth.)

17,361.73 30,167.25

2,092.15

19,453.88 30,167.25

393

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

EQUIPMENT (CONTINUED) Faculty Cottages Laundry
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment

Year

Beginninq

Acquired Of Year

Additions

Investment End Deductions Of Year

$ 8,178.89 $

$

$ 8,178.89

15.802.77

172.52

15.975.29

$ 466.755.47 $ 50.424.29 $29,313.22 $ 487.866.54

$2,863,645.26 $132,945.17 $29,313.22 $2,967,277.21

394