Annual financial report, University System of Georgia, for the year ended June 30, 1960

Gr f r
U & 'fti
3/
i qrf-

ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA
For th Year Ended June 3 0 , 1960
Regents of th University System of Georgia 244 Washington Street, S. W . Atlanta

m

BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

Robert O . Arnold Linton D. Baggs, Jr. Morris M. Bryan, Jr. Howard H. Callaw ay W . Ros eoe Coleman Jam es A. Dunlap James D. Gould
Roy V. Harris Quimby M elton, Jr. David F . Rice John I. Spooner Carey W illiam s Everett W illiams Allen Woodall Ernest L. Wright
Robert O . Arnold Everett W illiams Harmon W . Caldw ell Arthur M . G ig n illia t John E. Sim s* J. H. Dewberry L. R. Siebert Jam es A. B lis s it John R. H ills
*On Leave

MEMBERS OF THE BOARD OF REGENTS OF THE
UNIVERSITY SYSTEM OF GEORGIA June 30, 1960
Covington Macon Jefferson Pine Mountain Augusta G ainesville Brunswick Augusta Griffin Atlanta D o n alson v ille Greensboro Statesboro Columbus Rome

Term Expires
1963 1964 1966 1965 1965 1967 1964 1967 1963 1961 1961 1962 1962 1964 1966

O fficers of the Board of Regents
Chairman Vice Chairman
Chancellor Administrative A ssistant to the Chancellor
A ssistant to the Chancellor Director, Plant and Business Operations
Executive Secretary Treasurer
D irector, Testing and Guidance

3



Yi
4 1
i
iij 4
1 *

Robert O . Arnold Linton D. Baggs, Jr. Morris M. Bryan, Jr. Howard H. Callaw ay W . Roscoe Coleman Jam es A. Dunlap James D. Gould Roy V. Harris Quimby M elton, Jr. David F . Rice John I. Spooner Carey W illiam s Everett W illiams Allen Woodall Ernest L. Wright
Robert O . Arnold Everett W illiams Harmon W . Caldw ell Arthur M . G ig n illia t John E. Sim s* J. H. Dewberry L. R. Siebert James A. B lis s it John R, H ills
*On Leave

MEMBERS OF THE BOARD OF REGENTS OF THE
UNIVERSITY SYSTEM OF GEORGIA
June 30, 1960

Covington Macon Jefferson Pine Mountain Augusta G ainesville Brunswick Augusta Griffin Atlanta D o n a lso n v ille Greensboro Statesboro Columbus Rome

Term Expires
1963 1964 1966 1965 1965 1967 1964 1967 1963 1961 1961 1962 1962 1964 1966

O fficers of the Board of Regents
Chairman Vice Chairman
Chancellor Administrative A ssistant to the Chancellor
A ssistant to the Chancellor D irector, Plant and Business Operations
Executive Secretary Treasurer
D irector, Testing and Guidance

3

TABLE OF CONTENTS

Letter of Transmittal* * * .................................................. . . . . . . . . . . . . ........................................................................ Summary* ......................................................* ..................................................... ........................................................................ C onsolidated Statem ents * * * .............* ................................................................................................................................ U niversity System of G eorgia - G eneral A c tiv itie s .................................................................................................

8-15 16-32 33-40

University of Georgia

41-56

Summary. * .........................'...................................... .. ................................................. ..................................... 5 7 -6 2

C o n so lid ate d . . ............... ..................... ....................... ................................................................................................ 6 3 -1 2 6

U n iv ersity, Athens.......... .............................................................................................. * ........................................... 1 2 7 -1 3 6

Agricultural E xtension S e rv ice, A th en s......................... .................................................... ............................... 1 3 7 -1 4 0

Agricultural Experiment Station - G e n e r a l.......... .............................................................................................. 1 4 1 -1 4 8

Agricultural Experiment Branch Stations ..................... ..................................................................................... 1 4 9 -1 6 4

C ollege Experiment Station , Athens................................ . . . . ........................................................ * ..................... 1 6 5 -1 8 0

G eorgia Experiment S tation , Experim ent.. . . .................................................... ..................................................18 1 -1 9 6

Georgia C o astal Plain Experiment Station, Tifton ............................. .......................................................

G eorgia In stitu te of Technology, A tla n ta ............................................ * ...................................................................... 1 9 7 -2 5 0

G eorgia State C ollege of B u sin ess Administration, A tlan ta................................................................................. 2 5 1 -2 6 6

M ed ical C ollege of G eorgia, Augusta............................................................................................................................ 007.002
W e st Georgia C o lle g e, C a r ro llto n ........... ....................................................... .. .............................................. North G eorgia C o lle g e, D ahlonega.......... .................................................................................................................... 3 0 3 --318 G eorgia State C ollege for Women, M ille d g e v ille .................................................................................................... 319--338 G eorgia Southern C o lleg e, S ta te s b o ro ......................................................................................................................... 3 3 9 -3 5 4

Valdosta State C o lle g e, V a ld o sta ............... ...............................................................................................................*

^

G eorgia Southw estern C o lle g e, A m ericus................................................................................................................ 371--382

Augusta C o lle g e, Augusta.........................* . * * ..................... .. * .............................................................................. 3 8 3 --39 2

Middle G eorgia C o lle g e , Cochran.................................................................................................................................... 3 9 3 -4 0 2

Columbus C o lle g e, Columbus...................................................................................................................................* * * 4 0 3 -4 1 0

South G eorgia C o lleg e, D o u g la s ....................................... .............................................................................................. 4 1 1 -4 2 2

Armstrong C o lleg e, Savannah ...........................................................* ............* .................................................. ............. 4 2 3 -4 3 0 Abraham Baldwin Agricultural C o lle g e, Tifton ................................ .......................................................................... 4 3 1 -4 4 4

4

* TABLE OF CONTENTS (Continued)

Albany S tate C o lle g e, Albany*.......................................................................................................................................... 4 4 5 -4 5 8

k

Fort V alley State C o lleg e, Fort V a lle y ......................................................................................................................... 4 5 9 -4 7 4

Savannah State C o lle g e, Savannah................................................................................................................................. 4 7 5 -4 8 6 R

K

n
%

4A %
4 %
4
4 y| v* fi
5

*
.4
4.
A . Kj
I*
f- ! f
M DMV A? K
>8 g if
%
S 4
y < A-*#
J jjj 4$
y y> m

V fS|

S> I ^ |p **3
11 ,?> I
B .*4
4

'

v

1
1

1
#

g

R EG EN TS O F TH E U N IV ERSITY SYSTEM OF G EO RGIA 8 4 4 WASH INOTON S T R E E T , B.W. ATLANTA
C hancellor Harmon W . Caldwell University System of Georgia Dear Chancellor Caldwell: I am submitting herewith the annual fin a n cia l report of the U niversity System of Georgia for the fis c a l year ended June 30, 1960. This represents the thirteenth annual report that has been compiled to report the financial operations of the University System. These reports are intended to form a com prehensive and permanent record of the financial operations of the System for the periods covered, for the information and reference of a ll persons concerned or in terested . You w ill find a summary of the principal item s of in te rest in th is report on the following p ag es. The remainder of the report covers the detailed operations of the institutions comprising the University System.
Respectfully submitted,
Jam es A. B lis s it, Treasurer November 16, 1960
7

SUMMARY

Scope of Report

The annual report contained herein re fle c ts the fin a n cia l operations of the U niversity System for the fis c a l year ended June 30, 1960. This report has been prepared generally in accordance with the recom mendations of the National Committee on the Preparation of a Manual on College and University Business Administration. All statem ents and sched u les have been prepared on a ca sh receip ts and disbursem ents b asis with the exception of the balance sheet and statem ents of surplus which were prepared on a modified accrual basis.

State Appropriation - $ 2 7 ,4 3 5 ,0 0 0 .

The G eneral Appropriation Act of 1956 continued in e ffe c t for 1 9 5 9 -6 0 , providing funds to the U niversity System in the amount of $ 2 0 ,1 0 0 ,0 0 0 . Included in this amount was a sp e cific appropriation of $ 3 ,0 0 0 ,0 0 0 for the operation of the Eugene Talmadge Memorial Hospital as a teaching hospital for the M edical College of G eorgia. The amount received under the G eneral Appropriation Act was supplemented by sp e c ia l appro priations approved by the Budget Bureau totaling $ 7 ,3 3 5 ,0 0 0 . The amounts received under the General Appropriation Act and from s p e c ia l appropriations were as follow s:

G eneral Appropriation Act of 1956 University System Eugene Talmadge Memorial Hospital

$ 1 7 ,1 0 0 ,0 0 0 3 ,0 0 0 ,0 0 0

$ 2 0 ,1 0 0 ,0 0 0

S p ecial Appropriations Approved by Budget Bureau General Operations Operation of New Junior C olleges Student Admission Program

$ 6,539,000 736,000
______ 6 0 ,0 0 0

7 ,3 3 5 ,0 0 0

Total State Appropriation

$ 2 7 ,4 3 5 ,0 0 0

The to tal appropriation was $ 5 7 2 ,5 0 0 le s s than the amount received for the previous y ea r. The appro priation for general purposes was $ 1 ,9 4 2 , 500 greater than for the previous year; w hereas, no s p e c ia l appro priations for plant additions were received.

The Regents Allotment Account had a b alan ce at the beginning of the year of $ 1 ,1 5 4 , 2 7 1 . During the year th is balance was increased by the State Appropriation of $ 2 7 ,4 3 5 ,0 0 0 as referred to above plus an amount of $ 5 3 ,3 3 4 in terest earned on temporary investm ents, making a to tal amount available for allocations of $ 2 8 ,6 4 2 ,6 0 5 . Of this amount, the Board of Regents allocated a total of $ 2 7 ,3 1 0 ,7 2 1 , leaving an unallocated b alan ce at June 3 0 , 1960, of $ 1 ,3 3 1 ,8 8 4 . The a llo ca tio n s made by the Board of Regents were as follow s:

For Educational and General Purposes For Plant Additions and Improvements For Student Aid For Other Purposes

$ 2 3 ,7 9 2 , 973 3 ,1 6 9 ,7 4 8 340,000
_______ 8 ,0 0 0

Total Allocations

2 7 i 3U)i>72il

Income for Current Operations and Plant Purposes Increased 4 .0 % .

The U niversity System receiv ed income during the year for current and plant purposes in the amount of $ 6 0 ,6 5 9 ,9 6 2 . The general sou rces of income are s e t forth below in comparison with income receiv ed from sim ilar sources during the previous year.

8

*}> %
4
,A *f t

i V

y

4

3 L

a<: 1

>

H

<*

4*

i'i
A , }i

f 4* |*
II mM
. . *
I
S [ %I I
B- N* SW
14
*1

* \
J * 4 9
ft
> m <3a
J^i m
Vi


Source

1958-59

1959-60

Increase or (Decrease)

State Appropriation Internal Income
For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid

$ 2 8 ,0 0 7 , 500 $ 2 7 ,4 3 5 ,0 0 0

1 8 ,8 2 5 ,5 0 5 8 ,7 4 3 ,1 0 2 2 ,2 3 1 ,5 7 8 491,437

2 0 ,8 0 8 ,3 4 5 9 ,5 2 9 ,8 6 1 2 ,2 9 7 ,1 7 2 589,584

$ (572,500)
1 ,9 8 2 ,8 4 0 786,759 65,594 98,147

Total Income

$58,299,122 $60,659,962

$ 2,360,840

Expenditures Totaled $ 6 0 ,4 9 0 ,2 5 7 .

The expenditures for current operations and plant additions and improvements during 195 9 -6 0 are co mpared below with the expenditures for the previous year.

Expenditures

1958-59

1959-60

Increase or (Decrease)

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

$ 3 8 ,0 1 2 ,7 6 7 7 ,2 8 7 ,6 5 9
1 1 ,9 5 0 ,3 4 5 793,522

$ 4 2 ,3 3 4 ,5 5 1 7 ,8 2 5 ,3 6 0 9 ,4 4 7 ,2 7 8 883,068

$ 4,321,784 537,701
(2,503,067) 89,546

Total Expenditures

$58,044,293 $60,490,257

$ 2,445,964

Income for Educational and General Purposes Increased 12 .0 % .

The income for Educational and G eneral purposes is compared in the summary below with income for the previous year.

Source

1958-59

Amount

%

1959-60

Amount

%

Increase or 1 Amount

Student Fees M atricu lation Non-Resident Tuition Summer S e ssio n Other Fees Total Fees
G ifts , G rants, and Endowment Governmental Other Than State
Appropriation S a les and S erv ices Other Sources
Total Internal Income State Appropriation
Total Income

$ 4,724,752 1 ,2 1 5 ,9 3 7 478,906 351,725
$ 6,771,320 $ 2,902,510

1 1 .9 3 .0 1.2 0 .9
17.0 7.3

4 ,6 6 3 ,7 2 9 4 ,3 2 3 ,5 2 9
164,417 $ 1 8 ,8 2 5 ,5 0 5
2 0 ,9 9 0 ,0 0 0

11.7 1 0 .9
0 .4 4 7 .3 5 2 .7

$39,815,505 100.0

$ 4,807,388 1 ,2 5 6 ,6 2 4 847,540 267,999
$ 7,179,551 $ 3,370,625

1 0 .8 2 .8 1 .9 0 .6
16.1 7 .6

$ 82,636 40,687
368,634 (83,726) $ 408,231 $ 468,115

4 ,8 5 8 ,0 9 6 5 ,1 7 1 ,7 6 2
228,311 $ 2 0 ,8 0 8 ,3 4 5
2 3 ,7 9 2 ,9 7 3

1 0 .9 1 1 .6
0 .5 4 6 .7 53.3

194,367 848,233
63,894
$ 1 ,9 8 2 ,8 4 0 2 ,8 0 2 ,9 7 3

$44,601,318 100.0 $4,785,813

16.1
10.5 13.4 12.0

A word of explanation is in order for what appears to be a rather large in cre a se in student fe e s for the summer s e s s io n and a d ecline in other student f e e s . The fe e s reported above represent actu al cash c o lle c tions and not the fe e s earned. Summer s e s s io n fe e s earned during the p ast year amounted to $601, 975 as compared with fe e s earned of $ 7 7 7 , 175 for the previous y ea r. The item of "Other F e e s " for 1 9 5 8 -5 9 includes Health Service F ees c o lle cte d by the U niversity of Georgia in the amount of $80, 5 6 9 . The Health Serv ices were operated as an Auxiliary Enterprise A ctivity during 1 9 5 9 -6 0 and the fe e co lle c tio n s are not included for 1959-60.

9

Educational and General Expenditures Increased $ 4 ,3 2 1 ,7 8 4 .

The expenditures for Educational and G eneral purposes amounted to $ 4 2 ,3 3 4 ,5 5 1 for the y ear. These expenditures are compared by function in the following table with those for the previous year.

Function

1958-59

Amount

%

1959-60

Amount

%

In crease or (De crease)

Amount

%

Administration General Student W elfare Plant Operations Library Instruction A ctivities Related to Instruction Organized Research Agricultural Extension General Extension

$ 1,875,647 1 ,4 2 9 ,2 6 9 589,553 3 ,2 0 1 ,5 5 3 1 ,1 8 0 ,6 6 5
1 3 ,1 1 0 ,7 8 7 3 ,4 3 5 ,5 5 4 7 ,2 0 3 ,1 4 3 4 ,8 4 6 ,5 6 6 1 ,1 4 0 ,0 3 0

4 .9 3 .8 1 .6 8 .4 3 .1 3 4 .5 9.0 1 8 .9 1 2 .8 3 .0

$ 2,176,006 1 ,7 3 5 ,5 6 8 584,079 3 ,6 7 9 ,0 1 6 1 ,3 7 9 ,8 6 1
1 4 ,1 5 4 ,4 6 2 3 ,6 9 2 ,7 6 8 8 ,6 1 8 ,0 6 3 5 ,0 4 4 ,3 1 8 1 ,2 7 0 ,4 1 0

5 .1 4 .1 1 .4 8 .7 3 .3 3 3 .4 8 .7 2 0 .4 1 1 .9 3 .0

$ 300,359 306,299 (5,474) 477,463 199,196
1 ,0 4 3 ,6 7 5 257,214
1 ,4 1 4 ,9 2 0 197,752 130,380

16.0 2 1 .4
(0.9) 1 4 .9 16.9
8.0 7 .5 19.6 4 .1 11.4

Total

$38,012,767 100.0 $42,334,551 100.0 $4,321,784

11.4

Included in "Student W elfare" expenditures for 1958-59 was the operation of student health services by the U niversity of G eorgia. This operation was c la s s ifie d as an Auxiliary Enterprise and its operations for 1959-60 so reflected . If the 1958-59 expenditures were adjusted to reflect this change in cla ssifica tio n , the 1959-60 expenditures for Student W elfare would be 17.3% greater than for the previous year.

Educational and General Surplus Increased to $5, 1 8 2 ,3 8 3 .

The U niversity System ended the year with an Educational and G eneral Surplus of $5, 1 8 2 ,3 8 3 , an in crease of $ 1 ,2 6 5 , 820 over the surplus at June 30, 1959. On an accru al b asis as se t forth in the Statement of Surplus to be found later in this report, income exceeded expenditures by $ 1 ,8 8 8 ,0 6 3 . Other additions to surplus included an in cre a se in the Regents Allotment Account of $124, 279 and a tran sfer from Auxiliary Funds of $ 1 3 9 ,3 0 2 ; making total additions to surplus of $ 2 ,1 5 1 ,6 4 4 . Surplus was reduced by an in crease in Surplus R eserves of $ 5 1 3 ,1 8 8 ; and tran sfers to Plant Funds of $372, 6 3 6 .

The follow ing summary of the Educational and G eneral sectio n of the Balance Sheet is given in compar ison with the a s s e ts and lia b ilitie s at June 30, 1959.

A ssets
Cash and Temporary Investments Accounts Receivable Stores (Inventories) Other Assets

June 30, 1959
$ 6 ,6 0 9 ,0 2 9 455,990 381,358 27,562

June 30, 1960
$ 8,834,778 918,175 449,496 14,580

Increase or (Decrease)
$ 2 ,2 2 5 ,7 4 9 462,185 68,138 (12, 982)

Total Assets

$ 7 ,4 7 3 ,9 3 9

$ 1 0 ,2 1 7 ,0 2 9

$ 2 ,7 4 3 ,0 9 0

L iab ilities and Surplus
Accounts Payable Purchase Orders Outstanding Unearned Income R estricted Fund B alances Reserve for Stores

June 30, 1959
$ 161,397 184,701 480,665
2 ,0 9 2 ,9 1 4 556,162

June 30, 1960
$ 79,428 454,925 782,161
2 ,5 9 0 ,1 9 7 601,485

Increase or (Decrease)
$ (81,969) 270,224 301,496 497,283 45,323

10

L iab ilities and Surplus (Continued)

June 3 0 , 1959 June 3 0 , 1960

Other Reserves Unappropriated Surplus

$ 81,537 3 ,9 1 6 ,5 6 3

$ 526,450 5 ,1 8 2 ,3 8 3

Total L iab ilities and Surplus

$ 7 ,4 7 3 ,9 3 9

$ 1 0 ,2 1 7 ,0 2 9

Auxiliary Enterprise Operations Resulted in Net Income of $ 1 ,1 6 7 ,8 7 7 .

Increase or (Decrease)
$ 444,913 1 ,2 6 5 ,8 2 0
$ 2 ,7 4 3 ,0 9 0

The income and expenditures of Auxiliary Enterprise operations during the year are s e t forth below in comparison with the previous year.

Income

1958-59

1959-60

Increase or (Decrease)

Dormitories Dining H alls Student Centers and Bookstores Apartments and Dwelling Units Other Activities

$ 1 ,8 9 4 ,7 5 6 3 ,0 3 1 ,0 0 7 2 ,4 3 6 ,8 7 1 369,613 1 ,0 1 0 ,8 5 5

$ 2 ,1 3 8 ,7 0 3 3 ,2 3 4 ,6 6 2 2 ,4 6 2 ,9 1 8 365,663 1 ,3 2 7 ,9 1 5

$243,947 203,655 26,047 (3,950) 317,060

Total Income

$8,743,102 $9,529,861

$786,759

Expenditures

Dormitories Dining Halls Student Centers and Bookstores Apartments and Dwelling Units Other Activities

$ 1 ,2 4 1 ,8 8 6 2 ,6 4 1 ,6 9 0 2 ,2 8 5 ,5 0 2 230,347 888,234

$ 1 ,3 1 7 ,0 9 0 2 ,8 0 9 ,4 9 0 2 ,3 5 8 ,0 0 9 242,622 1 ,0 9 8 ,1 4 9

$ 75,204 167,800 72,507 12,275 209,915

Total Expenditures

$7,287,659 $7,825,360

$537f 701

The com parisons s e t forth above are made on a ca sh re ce ip ts and disbursem ents b a s is . As re flected in the Statem ent of Surplus found la ter in th is report, the income from operations exceed ed expenditures by $ 1 ,1 6 7 , 877 after making provision for additions to the Replacement Reserve of $430, 899. The net income for operations plus a tran sfer of $64, 984 from other funds provided additions to surplus of $ 1 ,2 3 2 , 86 1 . Surplus was reduced to provide funds for debt serv ice and transfers to Plant Funds totaling $914, 244. Other reductions in surplus were made to in cre a se surplus reserv es by $ 1 1 1 ,9 0 1 and to tran sfer $ 1 5 3 ,6 5 9 to other funds.

The Auxiliary Enterprise Surplus at July 1, 1 959, amounted to $ 9 5 3 ,9 6 2 . The surplus was in creased by the additions set forth above of $ 1 ,2 3 2 ,8 6 1 . Reductions in surplus totaled $ 1 ,1 7 9 , 804 resulting in a net increase in surplus of $ 5 3 ,0 5 7 , or a total of $ 1 ,0 0 7 ,0 1 9 at June 30, 1960.
Income for Student Aid Amounted to $929, 584 with Expenditures of $ 8 8 3 ,0 6 8 .
f Income received for Student Aid during the year amounted to $ 9 2 9 , 5 8 4 . Of th is amount, $ 3 4 0 ,0 0 0 was a llo ca ted by the Board of Regents from the State Appropriation; $ 2 8 3 ,0 0 0 for sch olarsh ip s for Negro students attending institutions other than units of the University System; and $ 5 7 ,0 0 0 for the Southern Regional Education Board.

L isted below are the sou rces from which income was receiv ed and the purposes for which funds were expended as compared with the previous year.

11

Income

1958-59 1959-60 Increase or (Decrease)

Endowment Income G ifts and Grants State of Georgia

$ 64,610 426,827 366,500

$ 64,672 524,912 340,000

$ 62 98,085 (26,500)

Total Income

$857,937 $929,584

$71,647

Expenditures

Fellow sh ip s Scholarships Other

$ 48,769 660,817 83,936

$ 74,756 747,411 60,901

$25,987 86,594 (23,035)

Total Expenditures

$793,522 $883,068

$89,546

Agency Funds were held at end of year in the amount of $ 1 ,9 0 6 , 651.

The U niversity System held Agency Funds at June 3 0 , 1 960, having to ta l fund b alan ces of $ 1 ,9 0 6 ,6 5 1 . This was composed of funds received and held by various units as custodians, and con sisted for the most part of unexpended student activitiy fe e s , funds of student organizations, and funds deposited with the institutions by students for safekeeping.

Endowment Fund A ssets totaled $ 4 ,6 1 8 ,5 9 8 .

The U niversity System held Endowment Fund A ssets at the end of the year in the amount of $4, 61 8 , 598 which was $107, 997 le s s than the a s s e ts held at the end of the previous y ear. This reduction was due to the tran sfer of funds amounting to $ 2 1 9 ,9 4 8 which were temporarily held as Endowment Funds on June 3 0 , 1959, The a s s e ts held at June 3 0 , 1960, were composed of ca sh in the amount of $ 1 3 0 ,0 0 2 and investm ents totaling $ 4 ,4 8 8 ,5 9 6 . Listed below is a summary of investm ents at June 3 0 , 1 960, as compared with investm ents at the close of the previous year.

Type of Investment

June 30, 1959 June 30, 1960 Increase or (Decrease)

U. S. Government Bonds State and M unicipal Bonds U niversity System Building Authority Bonds G eorgia State School Building Authority Bonds G eorgia In stitu te of Technology Revenue Bonds Corporate and Other Bonds Preferred and Common Stock Real Estate Real Estate Mortgages University System Buildings Other Investments

$ 398,020 101,000
1 ,9 0 6 ,1 8 6 536,000 174,000 7,750 98,825 105,146 12,482
1 ,1 7 3 ,7 4 3 38,253

$ 574,590 100,000
1 ,9 1 2 ,4 9 9 536,000 130,000 7 ,7 5 0 101,647 91,516 9,450
1 ,0 0 1 ,5 9 0 23,554

$176,570 (1,000) 6,313
(44,000)
2 ,8 2 2 (13,630)
(3,032) (172,153)
(14,699)

Total Investments

$ 4 ,5 5 1 ,4 0 5

$ 4 ,4 8 8 ,5 9 6

$ (62.809)

Student Loan Fund A ssets amounted to $ 2 ,0 4 2 ,4 0 0 ,

The to ta l a s s e ts of Student Loan Funds at June 3 0 , 1960, amounted to $ 2 ,0 4 2 ,4 0 0 as compared with a s s e ts of $ 1 ,5 5 0 , 726 at the beginning of the year. These a s s e ts con sisted of cash in the amount of $ 3 3 6 ,0 6 1 ; student notes receiv a b le of $ 1 ,0 8 3 ,1 3 4 ; and investm ents totaling $ 6 2 3 ,2 0 5 . The investm ents as compared with those at the clo se of the previous year were as follow s:

12

3*
* * (K U*4
H fl
yj
a
\ 51
v>, SI B * f lj m > ! m

Type of Investment

June 30, 1959

U. S . Government Bonds University System Building Authority Bonds Georgia State School Building Authority Bonds Georgia Institute of Technology Revenue Bonds Real Estate Mortgages University System Buildings Other Investments

$ 84,044 155,929 94.000 10.000 43,425 264,239 5 ,5 2 6

Total Investments

$657,163

Income for Plant Additions and Improvements totaled $ 5 ,4 6 6 ,9 2 0 .

June 30, 1960
$ 87,294 154,429 94.000 10.000 40,201 221,429 15,852
$623,205

Increase or (Decrease)
$ 3,250 (1,500)
(3,224) (42,810) 10,326
$(33,958)

During the year, income was receiv ed in the amount of $ 5 ,4 6 6 , 920 for plant purposes, The income by sources is compared in the follow ing summary with income receiv ed during 1 9 5 8 -5 9 .

Source
State Appropriation G ifts and Grants Governmental Other Than State Appropriation Interest on Investments Other Sources
Total Income
Plant Fund Expenditures to taled $ 9 ,4 4 7 ,2 7 8 .

1958-59
$ 6 ,4 1 1 ,1 9 2 1 ,0 9 9 ,1 8 5 546,961 4 7 6 ,1 9 9 109,233
$ 8 ,6 4 2 ,7 7 0

1959-60
$ 3 ,1 6 9 ,7 4 8 1 ,2 8 3 ,0 0 0 329,400 592,392 92,380
$ 5 ,4 6 6 ,9 2 0

Increase or (Decrease)
$ (3 ,2 4 1 ,4 4 4 ) 183,815 (217,561) 116,193 (16,853)
$ (3 ,1 7 5 ,8 5 0 )

ared with those for the previous year were as follow s:

Expenditures For;
Plant Additions Land Buildings Improvements Other Than Buildings Equipment
Debt Service (Principal and Interest) Building Authority Rentals Other Expenditures
Total Expenditures

1958-59

1959-60

Increase or (Decrease)

$ 358,589 6 ,6 9 5 ,3 5 8 237,449 651,118 356,221 2 ,6 4 5 ,6 7 0 1 ,0 0 5 ,9 4 0
$ 1 1 ,9 5 0 ,3 4 5

$ 714,636 4 ,3 9 6 ,0 9 8 225,827 555,184 502,798 2 ,8 2 6 ,4 5 5 226,280
$ 9 ,4 4 7 ,2 7 8

$ 356,047 (2 ,2 9 9 ,2 6 0 ) (11,622) (95, 934) 146,577 180,785 (779,660)
$ (2 ,5 0 3 ,0 6 7 )

To obtain a com plete picture of plant ad ditions, it is n e c e ssa ry to look at the a c tiv itie s of the U niversity System Building Authority. The Authority is not a part of the U niversity System ; th erefore, its fin a n cia l operations are not included a s a part of th is report. The Authority, which was activ ated in 1950, issu es bonds, using the proceeds for the construction of buildings on the campus of units of the University System ; and upon com pletion, le a s e s the buildings to the U niversity System . As of June 3 0 , 1960, the Authority had issu ed bonds totaling $ 4 1 ,3 7 7 ,0 0 0 , of which $34, 7 3 8 ,0 0 0 were outstanding at the c lo se of the y ea r. Funds were held in the Sinking and Reserve Fund Accounts of the Authority on that date in the amount of $2, 6 9 1 ,5 5 3 for future debt service requirem ents. Seventy projects had been completed or were under construction as of June 30, 1960, with total expenditures as of that date having amounted to $35, 966, 292. Of the total amount expended by the Authority for construction, $ 6 ,8 3 6 ,1 4 7 was expended during 1 9 5 9 -6 0 on tw enty-one p ro jects under con stru ction . The Authority held funds at June 3 0 , 1960, of

13

$ 9 , 7 1 6 , 8 5 8 for the completion of unfinished projects and for the construction of additional p ro je cts. As will be noted above, the University System paid $2, 8 2 6 , 4 5 5 to the Building Authority during 19 5 9 - 6 0 as an annual rental for the use of these fa c ilitie s .

Unexpended Plant Fund A ssets totaled $ 1 2 , 4 4 5 , 897,

The University System held unexpended plant fund a s s e ts at the end of the year totaling $ 1 2 , 4 4 5 , 897, This amount was composed of ca sh , $ 1 , 7 4 0 , 7 1 7 ; temporary investm ents, $ 1 0 , 6 0 4 , 0 8 7 ; and amounts due from other funds of $ 1 0 1 , 0 9 3 , Of these a s s e t s , $ 2 5 0 , 2 4 8 was reserved for sinking fund purposes as required under the terms of a Trust Indenture for the retirement of bonds issued by the Board of Regents for the benefit of the Georgia Institute of Technology; $ 1 , 1 8 5 , 0 6 3 was reserved for the Insurance and Hazard Fund; $ 8 8 1 , 0 0 1 was reserved for the Auxiliary Replacement Fund; and $10, 129, 585 represented unexpended balances held for work in progress or future construction,

A Total of $147, 6 7 1 , 3 6 3 was Invested in Plant,

The University System had a total investment in physical plant a s s e ts at June 3 0 , 1960, in the amount of $147, 6 7 1 , 3 6 3 , This represents an in crease of $14, 736, 919 over the investment reported at the end of the previous year.

The investment in plant at the end of the year as compared with that at June 3 0 , 1959, is summarized as follows:

June 3 0 , 1959 June 3 0 , 1960

Increase

Land Buildings Improvements Other Than Buildings Equipment

$ 6,911,106 94,464,111 5,784,057 25,775,170

$ 7,774,661 105,157,762 5,996,881 28,742,059

$ 863,555 10,693,651 212,824 2,966,889

Total Plant Assets

$132,934,444 $147,671,363 $14,736,919

During 1 9 5 9- 6 0 , $ 1 6 0 , 0 0 0 of Series "A" Georgia Institute of Technology Revenue Bonds were retired, leaving a balance of $ 1 , 4 1 7 , 0 0 0 outstanding of the original issu e of $ 4 , 0 0 0 , 0 0 0 . The bonds outstanding bear interest at 2 1/4% and 2% and have maturity dates to May 1, 1978,

In addition to the bonded indebtedness referred to above, a total of $ 1 , 2 2 3 , 0 1 9 was due to Endowment and Student Loan Funds for amounts invested in revenue producing projects at various units of the University System. This reflects a net reduction in indebtedness of $ 2 1 4 , 9 6 2 during the y ear. The balance is being amortized over a period of years from the net income of the projects financed by the lo an s.

It should be noted that the buildings constructed by the University System Building Authority have been included in the plant a s s e ts of the University System even though the title to the property 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 a s s e ts 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 a s s e ts . This equity at June 3 0 , 1960, amounted to $ 2 6 , 9 3 7 , 6 0 5 as against asse ts included of $ 3 5 , 9 6 6 , 2 9 2 .

The buildings constructed by the State Hospital Authority for use of the M edical College of Georgia have been reported in the same manner as buildings constructed by the University System Building Authority; that is , the plant has been included in a s s e ts with a liability for the equity of the State Hospital Authority. This equity is reported as $ 7 , 6 5 5 , 0 0 0 ; this being the amount of bonds outstanding of an original issu e of $ 12, 000, 000,

14

I '4
$ Hv
i) v 1m
9 'v I T

With a to ta l investm ent in plant of $ 1 4 7 ,6 7 1 ,3 6 3 ; ag ainst which bonds were outstanding in the amount of $ 1 ,4 1 7 ,0 0 0 ; $ 1 ,2 2 3 ,0 1 9 was due to Endowment and Student Loan Funds; and equity of $ 2 6 ,9 3 7 ,6 0 5 was held by the U niversity System Building Authority; and an equity of $7, 6 5 5 ,0 0 0 was held by the State Hospital Authority; the U niversity System had a net investm ent in plant of $ 1 1 0 ,4 3 8 , 73 9 . G eneral Comments
On the follow ing pages of this report w ill be found various consolid ated statem ents relating to the y e a r's operation s, statem ents of educational and general and auxiliary enterprise surplus, and the a s s e ts and lia b ilitie s of the U niversity System at June 3 0 , 1 960. In addition to the consolid ated statem en ts, detailed fin a n cia l reports covering the operations of the individual units of the U niversity System may be found in this report.
15

I . CURRENT FUNDS A. GENERAL Cash Investm ents (Temporary) Accounts Receivable Due from Other Funds Stores (Inventories)

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1960
ASSETS
2 ,8 4 6 ,6 1 6 .2 9 3 ,4 9 3 ,0 3 0 .0 0
8 2 3 ,1 0 9 .6 0 1 4 ,5 8 0 .2 2
4 4 9 ,4 9 5 .9 1

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

$ 7,626,832.02

1 ,4 7 1 ,6 3 1 .7 6 1 ,0 2 3 ,5 0 0 .0 0
9 5 ,0 6 5 .6 9

2 ,5 9 0 ,1 9 7 .4 5

7 6 4 ,5 4 1 .7 6 1 ,2 9 9 ,7 9 3 .5 0
2 1 ,4 5 2 .2 2 7 5 2 ,0 6 3 .5 7

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
H. AGENCY FUNDS Cash Investm ents (Temporary) Accounts Receivable
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Cash Investm ents U . S. Government Bonds State and M unicipal Bonds U niversity System Building Authority Bonds G eorgia State School Building Authority Bonds G eorgia In stitu te of Technology Revenue Bonds Corporate and Other Bonds

2 ,8 3 7 ,8 5 1 .0 5 $ 13,054,880.52

$ 1,781,226.31 1 2 4 ,3 0 3 .5 0 1 ,1 2 1 .1 3

1 ,9 0 6 ,6 5 0 .9 4

5 7 4 ,5 9 0 .0 0 100, 000.00
9 1 2 ,4 9 8 .7 6 5 3 6 .0 0 0 . 1 3 0 .0 0 0 .
7 ,7 5 0 .0 0

1 3 0 ,0 0 2 .0 7
00 00

16

|)
II-
m jwH HU 'tv 4 )
B
m 01
ij
H H v $ j M
mm 1 %411 E9

& E f
r
it
'H 1%
? i
HI m *. t, 9
1
4
/tAl*
*B

*1
ii
1 %wl
g

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1960
LIABILITIES, SURPLUS, AND FUND BALANCES

I . CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Summer S e ssio n Fall Quarter Reserve for Stores Other Reserves Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balances

$ 6 7 8 ,0 4 6 .9 7 1 0 4 ,1 1 4 .2 5

$

7 9 ,4 2 8 .3 2

4 5 4 ,9 2 4 .4 9

7 8 2 ,1 6 1 .2 2 6 0 1 ,4 8 4 .6 4 5 2 6 ,4 5 0 .3 6 5 ,1 8 2 ,3 8 2 .9 9

$ 7,626,832.02

$ 2,590,197.45

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

2 ,5 9 0 ,1 9 7 .4 5

$

5 3 ,9 3 4 .7 8

2 6 ,9 1 7 .3 6

1 0 0 ,7 7 2 .9 5

7 5 2 ,0 6 3 .5 7

4 3 8 ,2 8 7 .3 5

4 5 8 ,8 5 6 .2 0

1 ,0 0 7 ,0 1 8 .8 4

2 ,8 3 7 ,8 5 1 .0 5 $ 13,054,880.52

$ 1,906,650.94

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund B alances

$ 4,618,598.02

1 ,9 0 6 ,6 5 0 .9 4

17

ASSETS (CONTINUED)

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1960

III. ENDOWMENT FUNDS (CONTINUED) Preferred and Common Stock Real Estate Real Estate Mortgages University System Buildings Other Investments

$ 101,647.27 9 1 ,5 1 5 .7 8 9 ,4 5 0 .0 0
1 ,0 0 1 ,5 8 9 .8 6 _______ 2 3 ,5 5 4 .2 8

4 ,4 8 8 ,5 9 5 .9 5

TOTAL ENDOWMENT FUNDS

$ 4,618,598.02

IV. STUDENT LOAN FUNDS

Cash

Student Notes Receivable

Investm ents

U. S . Government Bonds

$

U niversity System Building Authority Bonds

Georgia State School Building Authority Bonds

Georgia In stitu te of Technology Revenue Bonds

Real Estate Mortgages

U niversity System Buildings

Other Investments

TOTAL STUDENT LOAN FUNDS

$ 336,060.89 1 ,0 8 3 ,1 3 4 .6 7

8 7 ,2 9 4 .0 0 1 5 4 ,4 2 9 .1 7
9 4 .0 0 0 . 00 10. 0 0 0 . 00
4 0 ,2 0 0 .6 7 2 2 1 ,4 2 9 .4 2
1 5 ,8 5 1 .4 7

6 2 3 ,2 0 4 .7 3

2 ,0 4 2 ,4 0 0 .2 9

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

1 ,7 4 0 ,7 1 6 .4 8 1 0 ,6 0 4 ,0 8 7 .0 7
1 0 1 ,0 9 2 .9 7

1 2 ,4 4 5 ,8 9 6 .5 2

B. INVESTED IN PLANT Land Buildings Improvements Other Than Buildings Equipment

$ 7,774,661.15 1 0 5 ,1 5 7 ,7 6 1 .7 5 5 ,9 9 6 ,8 8 1 .1 0 2 8 ,7 4 2 ,0 5 8 .6 1

TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS

1 4 7 ,6 7 1 ,3 6 2 .6 1 1 6 0 ,1 1 7 ,2 5 9 .1 3
$ 1 8 1 ,7 3 9 ,7 8 8 .9 0

18

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET
June 30, 1960 LIABILITIES, SURPLUS, AND FUND BALANCES (CONTINUED)
III. ENDOWMENT FUNDS (CONTINUED)

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS EHie to Other Funds Fund B alances

1 4 ,9 0 0 .2 4 2 ,0 2 7 ,5 0 0 .0 5

4 ,6 1 8 ,5 9 8 .0 2

TOTAL STUDENT LOAN FUNDS

2, 042,400.29

V. PLANT FUNDS A. UNEXPENDED Reserve for Insurance and Hazard Fund Reserve for Bond Sinking Fund Reserve for Auxiliary Replacements Fund Balances TOTAL UNEXPENDED PLANT FUNDS

$ 1,185,062.42 2 5 0 ,2 4 8 .1 6 8 8 1 ,0 0 0 .9 0
1 0 ,1 2 9 ,5 8 5 .0 4

$ 12,445,896.52

B. INVESTED IN PLANT Loans Payable to Endowment Loans Payable to Student Loan Funds Bonds Payable Equity of U niversity System Building Authority Equity of State H ospital Authority Net Investment in Plant TOTAL INVESTED IN PLANT

$ 1,001,589.86 2 2 1 ,4 2 9 .4 2
1 .4 1 7 .0 0 0 . 00 2 6 ,9 3 7 ,6 0 4 .9 7
7 .6 5 5 .0 0 0 . 00 1 1 0 ,4 3 8 ,7 3 8 .3 6
1 4 7 ,6 7 1 ,3 6 2 .6 1

TOTAL PLANT FUNDS TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

1 6 0 ,1 1 7 ,2 5 9 .1 3 $ 1 8 1 ,7 3 9 ,7 8 8 .9 0

19

UNIVERSITY SYSTEM OF GEORGIA SOURCES OF INCOME OF THE UNIVERSITY SYSTEM, 1 9 5 9 -6 0

State Appropriation

$ 2 7 ,4 3 5 ,0 0 0 .0 0

Internal Income Educational and General
Student Fees G ifts , G rants, and Endowment Income Governmental Other Than State Appropriation
Sales and Services Other Income
Total Educational and General Internal Income

$ 7,179,550.55 3 ,3 7 0 ,6 2 4 .9 7 4 ,8 5 8 ,0 9 5 .8 8 5 ,1 7 1 ,7 6 2 .5 5 2 2 8 ,3 1 1 .2 3

$ 2 0 ,8 0 8 ,3 4 5 .1 8

Auxiliary Enterprises D orm ito ries Dining Halls Bookstores and Student Centers
Other Activities Total Auxiliary Enterprises Income

$ 2,138,703.43 3 ,2 3 4 ,6 6 2 .4 7 2 ,4 6 2 ,9 1 7 .6 0 1 ,6 9 3 ,5 7 7 .3 0

9 ,5 2 9 ,8 6 0 .8 0

Plant Funds G ifts and Grants Earnings on Temporary Investments
Other Income Total Plant Fund Income

$ 1,283,000.40 5 9 2 ,3 9 2 .0 1 4 2 1 ,7 7 9 .5 6

2 ,2 9 7 ,1 7 1 .9 7

Student Aid G ifts and Grants Endowment Income Total Student Aid Income
Total Internal Income
Total Income from All Sources

$ 524,912.37 6 4 ,6 7 1 .6 9
------- 22Zl

3 3 ,2 2 4 ,9 6 2 .0 1 $ 6 0 ,6 5 9 ,9 6 2 .0 1

Non-Income Transfer from Institu tion s for Insurance and Hazard Reserve Fund Loans from Trust Funds for Construction Reimbursement by U niversity System Building Authority
Total Non-Income Receipts

$ 516,402.50 7 0 ,0 0 0 .0 0
2 1 7 ,1 7 3 .6 8

803?576.18

Funds on Hand, July 1, 1959 Educational and General Institutional Balances R estricted Fund B alances Auxiliary Enterprise Funds Unexpended Plant Funds Unallocated Funds in Regents O ffice
Total Funds on Hand, July 1, 1959
Total Funds Available

$ 3,435,700.94 2 ,0 1 9 ,0 5 7 .2 5 1 ,7 2 6 ,0 1 3 .2 4
1 3 ,9 4 3 ,5 9 3 .3 8 1 ,1 5 4 ,2 7 0 .7 4
2 2 ,2 7 8 ,6 3 5 .5 5
$ 8 3 .7 4 2 ,1 7 3 .7 4

20

UNIVERSITY SYSTEM OF GEORGIA CLASSIFICATION OF EXPENDITURES OF THE UNIVERSITY SYSTEM, 1 9 5 9 -60

Educational and General Expenditures Administration General Expenses Student W elfare Plant Operations Library Instruction A ctivities Related to Instruction Research Agricultural Extension General Extension Total Educational and General Expenditures
Auxiliary Enterprise Expenditures Dormitories Dining H alls Bookstores and Student Centers Other Activities Total Auxiliary Enterprise Expenditures
Plant Expenditures Additions to Plant - Capital Improvements Debt Service Rentals to U niversity System Building Authority Insurance and Hazard Fund Expenditures Other Plant Expenditures Total Plant Expenditures
Student Aid Expenditures Scholarships Fellow sh ip s Other Total Student Aid Expenditures
Total Expenditures
Non-Expense Interest on Constitutional Debt
Funds on Hand, June 30, 1960 Educational and G eneral Institu tional Balances R estricted Fund Balances Auxiliary Enterprise Funds Unexpended Plant Funds Unallocated Funds in Regents O ffice Total Funds on Hand, June 30, 1960
Total Funds Available

$ 2,176,006.07 1 ,7 3 5 ,5 6 8 .1 9 5 8 4 ,0 7 8 .7 7 3 ,6 7 9 ,0 1 5 .7 9 1 ,3 7 9 ,8 6 0 .7 1
1 4 ,1 5 4 ,4 6 1 .9 3 3 ,6 9 2 ,7 6 7 .8 8 8 ,6 1 8 ,0 6 3 .6 4 5 ,0 4 4 ,3 1 8 .3 8 1 ,2 7 0 ,4 0 9 .9 7

$ 4 2 ,3 3 4 ,5 5 1 .3 3

$ 1,317,090.23 2 ,8 0 9 ,4 9 0 .2 1 2 ,3 5 8 ,0 0 8 .6 4 1 ,3 4 0 ,7 7 1 .3 3

7 ,8 2 5 ,3 6 0 .4 1

$ 5,891,745.25 5 0 2 ,7 9 7 .4 1
2 ,8 2 6 ,4 5 4 .8 8 6 5 ,3 1 7 .2 4
1 6 0 ,9 6 2 .7 9

9 ,4 4 7 ,2 7 7 .5 7

$ 747,410.98 7 4 ,7 5 5 .4 2 6 0 ,9 0 1 .1 7

8 8 3 ,0 6 7 .5 7

$ 6 0 ,4 9 0 ,2 5 6 .8 8

8 ,0 0 0 .0 0

$ 5,007,761.74 2 ,4 9 5 ,1 3 1 .7 6 2 ,0 6 4 ,3 3 5 .2 6
1 2 ,3 4 4 ,8 0 3 .5 5 1 ,3 3 1 ,8 8 4 .5 5 1

2 3 ,2 4 3 ,9 1 6 .8 6

$ 8 3 ,7 4 2 ,1 7 3 .7 4

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For Year Ended

Institution

___ ________________ STUDENT FEES________________________

4

Non-Resident

Summer

Matriculation _ _.Tuition________ Sesyiion________ Q ther___

University of Georgia Continuing Education Center Agricultural Experiment Stations Agricultural Extension Service
Georgia Institute of Technology Southern Technical Institute Engineering Experiment Station Engineering Extension Division
Georgia State College of Business Administration M edical College of Georgia
Eugene Talmadge Memorial Hospital W est Georgia College North Georgia College Georgia State College for Women Georgia Southern College Valdosta State College
Total Senior Units (White)

$1,119,295.90 405,132.13
898,818.00 227,175.20
333,241.15 418,634.31 157,182.40
94,231.00 105,481.05
96,703.25 166,915.35
86,056.25 $4,108,865.99

$ 252,469.92
810,277,37 45,068.80
56,103,53 13,793.00
1,500.00 3,333.00 4,100.00 6,845.95 6,090,00 $1,199,581.57

$179,001,89
381,390.80
71,727.73
14,826,50 10,573.65 41,765.75 31,359.03 17,402.75 $748,048.10

$ 48,470.78
19,896.86 16,937.25
7,007.53 12,035.42
13,260.54 16,569.94 17,593,28 22,070.71 10,217.80 $184,060.11

Georgia Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College
Total Junior Units (White)

$ 36,650,66 $ 57,435,00 45,511.64 47,307.70 41,138.00 87,795,20 45,071.00
$ 360,909.20 $

2,250.00 19,913,50
5,588,70 4,105.88 13,355,00 3,397,25 4,150,00 52,760.33

$ 3,747.43 13,707.11
8,243.89
8,420.00 2,678.31 $ 36,796.74

$ 5,392.70 11,297.96 7,071.98 5,560.10 8,891.50 2,060.50 4,712,70
$ 44,987.44

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

$ 110,468,97 $

1,161.00 $ 15,377.11 $ 9,532.39

y

109,124,87

3,121.00

25,304.28

10,575.18

118,018.52

22,014,16

18,843.59

$ 337,612,36 $ 4,282.00 $ 62,695,55 $ 38,951.16

Central Office Soil Conservation Committee
Total Other Activities
GRAND TOTALS

$

$

$

$

$

$

$

$ ------ ;----------

H .807,387.55

1 4 s>o* 0 4 0 . yu $ 8 4 7 . 5 4 0 . 3 9 $ 2 6 7 , 9 9 8 . 7 1

a 22

OF GEORGIA
AND GENERAL INCOME June 30, 1960

Gifts, Grants And
Endowments

Governmental Other Than State
Appropriation

S ales And Services

Other Sources

Total Internal Income

State Appropriation

Total Income Received

$1,566,048.37 86,876.23
301,904.85 53,975.91
311,973.25 4,000.00
136,186.84
51,447.54 799,438.36
7,020.00 849.62
2, 564.00
$3,322,284.97

$ 148,332.71 1,057,001.58 3,231,798.46
45,482.48 5,000,00
64,333.32 1,384.19
52,895.44 52,695.26 $4,658,923.44

$ 129,162.67 33,761.76
928,278.01 207,534.99 215,616.20
2,783,059.40
113,178.35 642,461.48
36.01 7,304.75 3,750.50
$5,144,144.12

$ 28,667.41 277.86
14,036.98 13,961.49 55,622.01
400.00
30,022.59 2,222.06 4,563.41 750.00 2,738.40 1,444.97 1,160.67 1,900,00
$157,767.85

$ 3,471,449.65 526,047.98
2 ,3 0 1 ,22l42 3,587,270,85 2,693,594.49
293;581.25 2, 919,-246.24
441,834.69 597,669.59 1,077,021.17 711,358.21 132,972.23 139,581.67 221,807.44 287,361.47 121,666.80 $19,523,676.15

$ 4,651,500.00 $ 8,122,949.65

268,000.00

794,047.98

1,723,000.00 4,024,221.42

1,510,000.00 5,097,270.85

3,264,500.00 5,958,094.49

266,000.00

559,581.25

513,923.00 3,433,169.24

20,000.00

461,834.69

1,788,050.00 2,385,710.59

1,090,000.00 2,167,021.17

3,000,000.00 3,711,358.21

277,000.00

409,972.23

438,000.00

577,581.67

625,000.00

846,807.44

553,000.00

840,361.47

326,000.00

447,666.80

$20,313,973.00 $39,837,649.15

$ 1,450.00 $ $ 1,450.00 $

$

$ 30.00 $

1,381.63

3,809.02

600.00

3,402.92

16,252.26

2,192,17.

$, 16,252.26 $ 11,685.74 $

49,790,79 103,735.20
58,172,32
69,026,59 63,984.50 105,075.87 75,056.44 524,841.71

$ 174,500.00 229,000.00 185,000.00 201,000.00 191,000.00 306,000.00 242,000.00
$ 1,528,500.00

$ 224,290.79 332, 735.20 243,172.32 270,026.59 254,984.50 411,075.87 317,056.44
$ 2,053,341.71

$ 46,200.00 $ 28,516.41 $

1,384.00 $ 1,225*61 $ 213,865.49 $ 396,500.00 $ 610,365.49

240.00

120,105.45

8,275.24

300.00

277,046.02

650,000.00

927,046.02

450.00

50,550.58

1,706.93

3,986.64

2X5,S70.42

684,000.00

899,570.42

$ 46,890.00 $ 199,172.44 $ 11,366.17 $ 5,512.25, $ 706,481.93 $1,7 3 0 ,5 0 0 .0 0 $ 2,436,981.93

$

$

$

$ 53,345,39 $

53,345.39 $ . 100,000.00 $ 233,345.39

40,000.00

40,000.00

$

$

$

$ 53,345.39 $

53,345*39 , $ 220,000.00 $ 273,345.39

$3,370,624.97 $4,858,095.88 $5,171,762.55 $228,311,3 $20,608,345.18 $23,792,973.00 $44,601,318.18

23

UNIVERSITY SYSTEM 1
STATEMENT OF EDUCATIONAL For Year Ended

Institution
University of Georgia Continuing Education Center Agricultural Experiment Stations Agricultural Extension Service
Georgia Institute of Technology Southern Technical Institute Engineering Experiment Station Engineering Extension Division
Georgia State College of Bus. Admn. Medical College of Georgia
Eugene Talmadge Memorial Hospital West Georgia College North Georgia College Georgia State College for Women Georgia Southern College Valdosta State College
Total Senior Units (White)
Georgia Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College
Total Junior Units (White)
Albany State College Fort Valley State College Savannah State College
Total Senior Units (Negro)
Central Office Soil Conservation Committee
Total Other Activities
GRAND TOTALS

Administration
$ 301,275.13 74,862.49
122,210.91
281,613.61 51,610.52

General
$ 255,066.58 14,737.37
104,108.51
400,915.43 35,186.51

188,241.13 79,864.16
184,148.23 46,806.55 50,793.80 61,172.96 52,308.90 49,467.83
$1,,5 4 4 ,3 7 6 .2 2

105,105.06 111,857.45 217,102.93
27,920.78 27,192.97 69,302.95 49,945.27 31,825.21 $1, 450,267.02

$ 32,446.39 43,563.46 32,150.03 36,509.70 35,465.98 49,899.45 37,523.15
$ 267,558.16

$ 16,515.37 15,277.51 16,651.65 10,589.03 13,617.90 16,988.51 13,556.25
$ 103,196.22

$ 57,517.40 69,970.17
$ 61,139.14 $ 188,626.71

$ 50,921.62 53,028.57 78,154.76
$ 182,104.95

$ 175,444.98 $

$ 175,444.98

$

$2,,1 7 6 ,0 0 6 .0 7 - S i i 735,56 8 .1 9

Student Welfare $165,217.46
74,277.37 3,524.00

Plant Operations
$ 880,618.12 25,492.67
127,517.61
914,838.31 72,485.82

74,780.83 2,147.59 5,079.52
10,525.58 36,259.46 54,820.62 26,031.50 12,078.59 $464,742.52
$ 1,839.57 10,813.91 7,654.73 2,323.13 5,062.47 13,363.21 3,638.69
$ 44,695.71
$ 24,543.05 20,713.40 29,384.09
$ 74,640.54
$
$
$584,078.77

237,019.94 75,219.97
242,782.40 60,721.68 99,886.81
114,808.07 115,269.72
77,697.71 $3 , 0 4 4 , 3 5 8 . 8 3
$ 32,586.60 37,624.89 45,723.00 26,075.49 41,977.04 36,136.97 44,759.13
$ 264,883.12
$ 78,272.61 150,863.01 140,638.22
$ 369,773.84
$
$
$3 , 6 7 9 , 0 1 5 . 7 9

24

OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1960

Library $ 411,781.27
27,603.88 296,431.40

Instruction
$ 4,176,646.57 137,317.61
3,344,207.56 380,062.71

199,387.73 38,711.03

1,250,801.60 1,025,638.52

20,073.93 34,863.40 34,491.61 46,049.72 19,391.52 *1,,1 2 8 ,7 8 5 .4 9

223,904.77 279,766.69 373,733.38 428,850.96 225,566.97 $11,846,497.34

$

9,096.21 $ 122,486.02

17,343.02

194,055.09

7,900.70

130,418.92

25,134.24

134,899.57

10,713.48

134,332.26

15,166.98

242,512.80

12,224.47

155,233.19

$ 97,579.10 $ 1,113,937.85

$ 30,709.53 58,896.19 63,890.40
$ 153,496.12

$ 251,673.37 453,398.60 488,954.77
$ 1,194,026.74

$

$

$

$

$1, 379,860.71 $14,154,461.93

Activities Related To Instruction $ 45,774.41
337,809.40
2,997,748.84
63,431.91 97,093.14 $3,541,857.70 $
24,231.45 $ 24,231.45 $ 42,151.56
84,527.17 $ 126,678.73 $ $
1 $3,692,767.88

Research $ 858,604.62
3,173,565.50 106,033.51
3,597,350.32 71,565.19
774,913.82

602.64 1,913.30

$8,584,548.90

$

625.17

$

625.17

$ 21,907.80 10,231.77 750.00
$ 32,889.57

$

$

$8,618,063.64

Extension And Public Service $ 299,302.38
482,663.27 5,044,318.38
378,628.65 9,743.41
6,031.27 13,253.47
$6,233,940.83 $
13,382.70 $ 13,382.70 $ 17,428.63
5,372.11 9,523.24 $ 32,323.98 $ 35,080.84 $ 35,080.84 $6,314,728.35

Total Expenditures
$ 7,394,286.54 735,073.41
3,892,815.81 5,044,318.38 5,418,317.19
542,869.56 3,597,350.32
378,628.65 2,136,644.89 2,108,352.54 3,646,861.92
395,984.56 528,763.13 785,617.61 817,462.51 416,027.83 $37,839,374.85
$ 215,595.33 318,677.88 240,499.03 235,531.16 241,169.13 374,067.92 304,549.03
$ 1,930,089.48
$ 575,125.57 907,000.99 872,434.62
$ 2,354,561.18
$ 175,444.98 35,080.84
$ 210.525.82
$42,334,551.33

25

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE INCOME For Year Ended June 3 0, 1960

Dormitories

Dining Halls

Student Centers and Bookstores

Faculty Housing

Other Activities

Total

Senior Units (White)

University of Georgia

$ 705,158.23 $ 619,190.42 $ 605,887.92 $

$ 317,272.82 $2,247,509.39

Continuing Education Center

512,979.42

512,979.42

Georgia Institute of Technology

501,934.68

684,101.71

832,443.96 301,468.34

319,518.09 2,639,466.78

Southern Technical Institute

47,710.79

131,727.13

179,437.92

Georgia State College of Bus. Admn.

98,780.30

61,930.57

160,710.87

Medical College of Georgia

57,524.17

140,980.28

9,412.81

207,917.26

West Georgia College

60,403.86

141,284.67

41,893.64

243,582.17

North Georgia College

128,609.01

251,418.54

162,880.74 24,339.82

795.64

568,043.75

Georgia State College for Women

102,270.90

217,788.35

60,189.79 20,622.10

41,878.19

442,749.33

Georgia Southern College

144,346.23

251,857.61

69,058.17

4,029.00

14,732.52

484,023.53

Valdosta State College

39,390.06

102,954.92

77,743.19

9,169.50

229,257.67

Junior Units (White) Georgia Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College

41,140.22 47,106.84 47,759.50 52,904.03

94,123.29 109,616.23 107,090.74 128,846.67

33,697.43 33,116.36 45,974.25 33,050.79 26,996.28 38,067.66 32,325.87

1,595.71 4,960.17 2,625.00

413.33 1,120.00

170,969.98 38,076.53
205,322.32 33,050.79
182,966.52 38,067.66
214,076.57

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

49,932.66 74,035.63 38,476.62

115,023.10 168,158.42 111,480.67

39,610.73 45,736.40 44,483.84

6,022.56

9,663.33 19,946.96
9,081.42

214,229.82 313,899.97 203,522.55

$2,138.703.43 $3,234,662.47 $2,462,917.60 $365,662.70 $1,327,914.60 $9.529,860.80

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE EXPENDITURES For Year Ended June 30, 1960

Dormitories

Dining Halls

Student Centers and Bookstores

Faculty Housing

Other Activities

Total

Senior Units (White)

University of Georgia

$ 330,895.73 $ 514,905.22 $ 658,225.20 $

$ 281,368.30 $1,785,394.45

Continuing Education Center

427,111.72

427,111.72

Georgia Institute of Technology

239,528.75

631,032.95

734,313.64 205,519.62

294,948.79 2,105,343.75

Southern Technical Institute

60,657.55

129,310.08

189,967.63

Georgia State College of Bus. Admn.

80,892.24

16,102.72

96,994.96

Medical College of Georgia

35,188.53

124,529.25

13,851.65

173,569.43

West Georgia College

45,483.26

119,280.90

39,840.25

204,604.41

North Georgia College

99,073.98

210,207.99

153,746.14

15,733.46

478,761.57

Georgia State College for Women

89,235.52

194,607.02

58,325.33

11,201.15

30,840.52

384,209.54

Georgia Southern College

82,745.48

224,861.25

82,358.83

3,017.59

392,983.15

Valdosta State College

32,488.77

82,996.86

69,599.02

6,356.90

191,441.55

Junior Units (White) Georgia Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College

39,698.13 40,198.28 50,705.91 45,738.35

88,381.43 83,657.36 92,869.32 116,019.02

31,725.41 29,215.17 43,448.36 29,696.77 29,182.33 35,989.18 28,915.11

1,913.50 2,011.85 1,653.21

71.75 240.82

161,790.22 31,227.02
168,957.21 29,696.77
172,998.38 35,989.18
190,672.48

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

47,029.22 49,595.78 28,826.99

94,824.62 131,796.15
94,740.04

38,940.01 43,481.83 45,584.57

1,571.83

6,438.28 12,604.18
8,213.49

187,232.13 239,049.77 177,365.09

$1,317,090.23 $2,809,490.21 $2,358,008.64 $242,622.21 $1,098,149.12 $7,825,360.41

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF INCOME FOR STUDENT AID For Year Ended June 30, 1960

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

Endowment

Gifts And Grants

State Appropriation

Total

$27,791.57 $133,270.35 $

23,970.02

349,429.15

10,336.45

11,371.00

10,471.10

4,238.22

$161,061.92 373,399.17 10,336.45 11,371.00 14,709.32

3,254.13 4,014.64 7,798.43

3,254.13 4,014.64 7,798.43

2,439.00

1,200.00

3,639.00

$64,671.69

$524,912.37

283,000.00 57,000.00
$340,000.00

283,000.00 57,000.00
$929,584.06

STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30, 1960

Senior Units (White) University of Georgia Georgia Institute of Technology Georgia State College of Business Administration West Georgia College Georgia State College for Women
Junior Units (White) Augusta College Armstrong College 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

$ 1,261.50 72,530.47 963.45

$134,531.18 280,399.23 8,073.31 10,983.00 12,267.29

$ 3,671.17 230.00

$139,463.85 353,159.70 9,036.76 10,983.00 12,267.29

2,771.09 4,145.33 7,410.52

2,771.09 4,145.33 7,410.52

3,639.00

3,639.00

$74,755.42

283,191.03 $747,410.98

57,000.00 $ 60,901.17

283,191.03 57,000.00
$883,067.57

28

. 1 4# jr 9
o $) fu' & Hi
K* Ay
' % N* aS * m I 'i
jQi yk *
Y Y #'. | H* if 9
* w
Jjfe
&
fo :-&>x
^ *

Hmii rii

ifni f il ^ A if 1 i jfc

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUND INCOME For Year Ended June 30, 1960

State Appropriation

Gifts And Grants

Governmental Other Than State
Appropriation

Sale Of Plant Assets

Interest On Temporary Investments

Other

Total

Senior Units (White)

University of Georgia

$ 129,000.00 $ 343,664.28

Agricultural Exp. Stations

14,900.00

Agricultural Ext. Service

Georgia Institute of Technology 126 ,5 0 0 .0 0

353,142.12

Georgia State College of

Business Administration

Medical College of Georgia

585,694.00

West Georgia College

8,000.00

North Georgia College

27,000.00

G a . State College for Women

25,500.00

500.00

Georgia Southern College

20,000.00

Valdosta State College

37,860.00

$
50,000.00 25,000.00

$30,649.82 $201,394.25 $15,477.29 $ 720,185.64

5,969.00

20,869.00

11,178.71 258,080.23

798,901.06

750.00 603.00 18,393.90

26,113.57
1,150.00 2,182.46 18,730.00
187.50

25,000.00 612,557.57
8,603.00 46,543.90 28,182.46 38,730.00 38,047.50

Junior Units (White) Ga. Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agric. College

8,000.00 12,000.00 14,500.00 13,750.00

254,400.00

17,599.77 412.50
375.00 2,022.00 2,068.99

4,801.19

8,000.00 17,599.77 17,213.69
14,875.00 256,422.00
15,818.99

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

27,850.00 32,500.00 26,500.00

1,500.00

4,556.65

32,406.65 34,000.00 26,500.00

General And Other Building Authority Rentals Insurance And Hazard Reserve Fund

2 ,, 6 4 5 , 8 8 7 . 5 8

60,575.74

2,645,887.58 60,575.74

TOTALS

$3.,1 6 9 ,7 4 7 .5 8 $ 1 ,2 8 3 .0 0 0 .4 0 $329,400.00 $ 6 7.544.43 $592,392.01 $24 ,8 3 5 .1 3 $ 5 ,4 6 6 ,9 1 9 .5 5

UNIVERSITY SYSTEM
STATEMENT OF PLANT For Year Ended

Land

PLANT ADDITIONS

Buildings And

improvements

Additions To

Other Than

Buildings

Buildings

Senior Units (White) University of Georgia

$210,384.27

Agricultural Experiment Stations

Agricultural Extension Service Georgia Institute of Technology Georgia State College of Business Administration

240,813.84 250,014.26

Medical College of Georgia

West Georgia College

North Georgia College

Georgia State College for Women

Georgia Southern College

Valdosta State College

$2,046,036.88 193,841.87 3,883.22 716,229.86 14,780.34 592,875.10 121,435.90 35,862.61 82,079.17 227,976.31 41,102.61

$115,573.48 12,121.29
14,276.44
1,530.00 18.00
13,968.66 14,083.60 13,121.04

Junior Units (White) Georgia Southwestern College
Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College

7,000.00 145,665.37
8,506.56
23,236.15
84,298.64

4,820.54 9,696.29

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

8,536.75 4,886.70

17,061.06 14,326.07 19,900.42

26,617.88

General And Other Building Authority Rentals Insurance Fund Architectural Fees
TOTALS

_______ __ _______ __________________________________

$714,635.82

$4,396.098.14

$225,827.22

30

*1
4 * <i f %
F ;# *

K is
1X
* jp
Mm
}U
4k
fl

n



m

VI
V4
P'
vI fl * fl
S Im xi> I

Mt fl

>C)
m

k* ;J

fr f l

y

fl
H

r fl

dgv

1 fl

1 $ <1 *1
J
p' 4
# ' y 2 J k
M- 1
A9
Aj * i
Jj
A3
fmA JJ u VA
4M
|4 It
9
y, & V3 19 4jm
* >? s
I 44
<fn|

OF GEORGIA
FUND EXPENDITURES June 30, 1960

Equipment

Indebtedness Retired

Interest On Indebtedness

Other Expenditures

Building Authority Rentals

Total

$234,595.01 11,982.00
71,635.62 19,326.10
11,999.86 24,795.79 11,935.25 37,867.00 18,294.77

$194,496.40 250,579.25
1,144.90 4,519.38

$17,437.94 30,888.54
844.85 2,886.15

$ 92,057.53 34,303.61 1,988.97 3,409.97
2,577.50
3,757.52 67.80

$ 91,599.00 61,426.80
11,791.50 15,750.00

$3,002,180.51 252,248.77 5,872.19
1,389,260.32 284,120.70 595,452.60 134,965.76 74,457.65 115,388.61 299,434.43 72,586.22

6,825.25 14,761.50 16,621.71 27,003.69

6,049.06 13,193.51
1,851.50

19,874.31 145,665.37
36,461.57
44,678.40
122,850.12

29,277.90 10,424.31
7,838.31

225.60 1,480.22

81,493.59 29,862.68 29,218.95

65,317.24

2,645,887.58

2,645,887.58 65,317.24

$555,184.07 $450,739.93

$52,057.48

$226,280.03

$2,826,454,88

$9,447,277.57

31

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF SURPLUS June 30, 1960

EDUCATIONAL AND GENERAL

Surplus, July 1, 1959

Additions:

Excess Income over Expenditures

Current Income Realized

Add:

Increase in Accounts Receivable

Deduct: Increase in Unearned Income

Deduct: Current Expenditures

Cash Expenditures

Add:

Increase in Accounts Payable

Decrease in Stores

Increase in Regents Allotment Account

Transfer from Auxiliary Funds

$44,601,318.18 107,224.48 $44,708,542.66 301,496.83
$42,334,551.33 172,092.22 12,339.47

$ 3,916,563.24

$44,407,045.83

42,518,983.02

1,888,062.81 124,279.42 139,302.10

Surplus, July 1, 1959, Plus Additions

$ 6,068,207.57

Deductions: Increase in Surplus Reserves Transfer to Plant Funds

$ 513,188.20 372,636.38

885,824.58

Educational and General Surplus, June 30, 1960

$ 5,182,382.99

AUXILIARY ENTERPRISES

Surplus, July 1, 1959

Additions:

Excess Income over Expenditures

Current Income Realized

$ 9,529,860.80

Deduct: Decrease in Accounts Receivable

11,286.54

Increase in Unearned Income

144,694.02

155,980.56

Deduct: Current Expenditures

Cash Expenditures

$ 7,825,360.41

Add:

Increase in Accounts Payable

13,023.92

Additions to Replacement

Reserve

430,898.76 8,269,283.09

Deduct: Increase in Stores

63,279.50

Transfer from University System Building Authority

$ 953,961.70
$ 9,373,880.24
8,206,003.59 1,167,876.65 64,984.40

Surplus, July 1, 1959, Plus Additions

$ 2,186,822.75

Deductions: Increase in Surplus Reserves Transfer to Plant Funds Transfer to General and Other Funds

$ 111,901.26 914.243.82 153.658.83 1,179,803.91

Auxiliary Enterprise Surplus, June 30, 1960

$ 1,007,018.84

32

1 * :i ft
M m o-
4 if} * w 1K* If- 9 *$ 9 -A 9 (4!> %g
9 k 4a
9
P 4.
li 9 pity: ft:A 9
-v f : :: M
*m i9 *<
1, `% '# 4,
f < Y <#| r|A 4
& -: .* p

Regents Allotment Account and
General Activities
For the Year Ended June 30, I960
33

I . CURRENT FUNDS
A. GENERAL Cash in Bank

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES BALANCE SHEET June 30, 1960 ASSETS
$ 73,796.70

TOTAL GENERAL FUNDS
B. REGENTS ALLOTMENT ACCOUNT Cash in Bank Temporary Investments TOTAL REGENTS ALLOTMENT ACCOUNT
TOTAL CURRENT FUNDS
AGENCY FUNDS Cash in Bank
STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments Georgia Institute of Technology Revenue Bonds
TOTAL STUDENT LOAN FUNDS
PLANT FUNDS A. UNEXPENDED
Cash in Bank Temporary Investments
TOTAL UNEXPENDED
B. EXPENDED Equipment
TOTAL PLANT FUNDS
TOTAL ASSETS

73,796.70

$ (-) 1 8 ,1 1 5 .4 5 1,350,000.00

1,331,884.55 $1,405,681.25

250.00

$

511.01

12,025.27

10,000.00

22,536.28

$ 375,734.80 1,430,000.00 $1,805,734.80
40,948.46 1,846,683.26
$3,275,150.79

34

N m
X
I A A
A 1
v
pk
1 Lr H
p > BL
fr i?
V-
V .a*
*

f4
w X4
9 m4
9
X9
A Kj) ',f k
A9
h <
, ts 9 *4
+> 4

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES
BALANCE SHEET June 30, 1960
LIABILITIES

I. CURRENT FUNDS A. GENERAL Unappropriated Surplus Central Office Soil Conservation Committee Graduate Scholarships TOTAL GENERAL FUNDS
B. REGENTS ALLOTMENT ACCOUNT Unappropriated Surplus
TOTAL REGENTS ALLOTMENT ACCOUNT
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
in. STUDENT LOAN FUNDS
Fund Balance

$ 28,978.63 23,285.06 21,533.01 $ 73,796.70

$1,331,884.55

1,331,884.55 $1,405,681.25

250.00

$ 22,536.28

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Reserve for Insurance and Hazard Fund Fund Balance TOTAL UNEXPENDED
B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES

22,536.28
$1,185,062.42 620,672.38 $1,805,734.80
40,948.46 1,846,683.26
$3,275,150.79

35

GENERAL ACTIVITIES
STATEMENT OF INCOME For Year Ended June 30, 1960
CURRENT INCOME A. EDUCATIONAL AND GENERAL
Governmental - State of Georgia Regents Central Office State Soil Conservation Committee TOTAL GOVERNMENTAL
Other Sources Central Office - Transcripts Allotment Account - Interest on Investments TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID Governmental - State of Georgia Graduate Scholarships for Negroes Southern Regional Education Board
TOTAL INCOME FOR STUDENT AID
TOTAL CURRENT INCOME
PLANT FUNDS Governmental - State of Georgia University System Building Authority
Other Sources Interest on Investments - Insurance Fund
TOTAL PLANT FUND INCOME
Transfers From: Institutions for Insurance Fund Institutions for Dormitory Rentals University System Building Authority - Architectural Fees
TOTAL PLANT FUND RECEIPTS
TOTAL INCOME

$ 180,000.00 40,000.00 $ 220,000.00

$

11.00

53,334.39

53,345.39

$ 273,345.39

$ 283,000.00 57,000.00
340,000.00
$ 613,345.39

$2,645,887.58

60,575.74 $2,706,463.32

$ 516,402.50 77,068.33
148,204.11

741,674.94

$3,448,138.26

$3,319,808.71

V1 n4.
^ i WJi m
*1
11
E9 j
SR
9
* <1
a: 9
3 S
>; 9
9
k' k|
B, m, J&
$

VI .V m 5] ljj|
V ;#

< K,

hi V

/4f j

9 4 ;l

^14 1 p k 1 1i p j J
+ V 4m
im *

9

1 jk s' ^ !V
f] I ||
ft I
Vi! m \>;
9
9
9 ' !
9 a : 4 i 9 >; !
*8
K9
fl
9
JQ
*9

r9
V4
ai J V3
4
*
i rj w
fM
A *.

ta*
T1 1
M1 Jw 9

a

m
1



`. >M

GENERAL ACTIVITIES
STATEMENT OF EXPENDITURES For Year Ended June 30, 1960

I. CURRENT EXPENDITURES A. EDUCATIONAL AND GENERAL Administration Central Office Extension Soil Conservation Committee
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID Graduate Scholarships for Negroes Southern Regional Education Board
TOTAL STUDENT AID
TOTAL CURRENT EXPENDITURES
II. PLANT FUNDS University System Building Authority Rentals Fire and Extended Coverage Insurance
TOTAL PLANT EXPENDITURES
TOTAL EXPENDITURES

Total

Object Classification

Operating

Personal

Supplies &

Services

Expenses

Equipment

$ 175,444.98 $142,824.49 35,080.84 28,734.74
$ 210,525.82 $171,559.23

$ 27,919.07 6,346.10
$ 34,265.17

$ 4,701.42 $ 4,701.42

$ 283,191.03 $ 57,000.00
$ 340,191.03 $
$ 550,716.85 $171,559.23

$283,191.03 57,000.00
$340,191.03
$374,456.20

$
$ $ 4,701.42

$2, 645,887.58 65,317.24
$2, 711,204.82
f 261,921.67

37

f/ |r REGENTS ALLOTMENT ACCOUNT

SUMMARY OF RECEIPTS AND DISBURSEMENTS

X)

For Year Ended June 30, 1960

A

RECEIPTS: State Appropriation General Appropriation Act of 1956 Section 8a - 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

$16, 952,000.00

For annual payment to University of Georgia for old bank

stock item

8,000.00

M

For cost of operating the State Soil Conservation Committee

40,000.00

For conducting research on poultry disease by College of

E

Agriculture

100,000.00 $17,100,000.00

Section 8b - For co st of operating Eugene Talmadge Memorial Hospital

3,000,000.00

State Appropriation Provided by Appropriation Act

$20,100,000.00

State Appropriation Provided by Budget Bureau: For General Operations For Junior College Operations For Student Admission Programs
State Appropriation Provided by Budget Bureau
Total State Appropriation
Interest Earned on Temporary Investments
TOTAL RECEIPTS

$ 6,539,000.00

f

736,000.00

60,000.00

7I I I,I3 3 5 , 0 0M0l . 0 0 -- Ml.. .I

-V'

$27,435,000.00

53,334.39

$27,488,334.39

>

DISBURSEMENTS: Allotments for Educational and General Operations Allotments for Plant Additions and Improvements Allotments for Other Purposes
TOTAL DISBURSEMENTS

$23,792,973.00

3,169,747.58

348,000.00

i,

$27,310,720.58

^

A
y H

* 'm 38

s>!
K1
"Th B
9 A9
% X`
9
s
4a 9 ,4 *
9
y
>9
y-. 9Vj
1 i. #. P9 9 >4
P JL A
9
y]
I9
-.1 1

REGENTS ALLOTMENT ACCOUNT
STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS For Year Ended June 30, 1960

Senior Units (White) University of Georgia Agricultural Extension Service Agricultural Experiment Stations Continuing Education Center Georgia Institute of Technology Southern Technical Institute Engineering Experiment Station Engineering Extension Division Georgia State College of Business Adm. Medical College of Georgia School of Nursing Eugene Talmadge Memorial Hospital West Georgia College North Georgia College Georgia State College for Women Georgia Southern College Valdosta State College
Junior Units (White) Georgia Southwestern College Augusta College Middle Georgia College Columbus College South Georgia College Armstrong College Abraham Baldwin Agricultural College
Senior Units (Negro) Albany State College Fort Valley State College Savannah State College
General and Other Activities Regents Central Office State Soil Conservation Committee University System Building Authority Graduate Scholarships for Negroes Southern Regional Education Board
TOTAL ALLOCATIONS

Educational & General Operations

Plant Additions & Improvements

Other Pi^rpof^i

Tetii Allocations

$ 4,651,500.00 $ 129,000.00

1,510,000.00

1,723,000.00

14,900.00

268,000.00

3,264,500.00

126,500.00

266,000.00

513,923.00

20,000.00

1,788,050.00

999,000.00

91,000.00

3,000,000.00

277,000.00

8,000.00

438,000.00

27,000.00

625,000.00

25,500.00

553,000.00

20,000.00

326,000.00

37,860,00

$ 8,000.00 $ 4,788,00,00 1,510,000.00 1,737,900.00 218,000.00
3,311,000,00 266,000.00
113,923,00 20,000.00
1,788,050,00 999,000.00
91,000,00 3,000,000,00
285,000,00
465,000.00 650,500,00 573,000,00 363,160,00

174,500.00 229,000.00 185,000.00 201,000.00 191,000.00 306,000.00 242,000.00

8,000.00 12,000,00 14,500.00 13,710.00

182,500,00 229,000.00 197,000.00 201,000,00 205,00,00 806,000.00 2 ,750,00

396,500.00 650,000.00 684,000.00

27,810.00 32,100,00 26,500.00

424,350,00 2,500.00 710,500,00

180,000.00 40,000.00

2,645,887,58

283,000.00 57,000,00

110,000,00
40,000,00 2,645,887.58
283,000,00 7,000,00

$23.792,973.00 $3.169.747.58 $348.000.00 $27,310,720.58

GENERAL ACTIVITIES
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS Regents Allotment Account Regents Central Office State Soil Conservation Committee Graduate Scholarships for Negroes Southern Regional Education Board
TOTAL CURRENT FUNDS
PLANT FUNDS Building Authority Rentals Dormitory Rentals Insurance and Hazard Reserve Fund Architectural Fees
TOTAL PLANT FUNDS
STUDENT LOAN FUNDS W . H. Black Fund
OTHER FUNDS Institutional Transfers
TOTALS

Balance Tulv 1, 1959

Receipts

Balance Disbursements June 30, 1960

$1,154,270.74 24,412.61 18,365.90 21,724.04

$27,488,334.39 $27,310,720.58 $1,331,884.55

180,011.00

175,444.98

28,978.63

40,000.00

35,080.84

23,285.06

283,000.00

283,191.03

21,533.01

57,000.00

57,000.00

$1,218,7 7 3 .2 9 $ 2 8 ,048,345.39 $27,861,437.43 $1, 405,681.25

$

$ 2,645,887.58 $ 2,645,887.58 $

151,711.77

77,068.33

228,780.10

673,401.42

576,978.24

65,317.24 1,185,062.42

243,688.17

195,165.28

46,961.17 391,892.28

$1,068,801.36 $ 3,495,099.43 $ 2,758,165.99 $1,805,734.80

$ 11,037.30 $

1,546.71 $

2,073.00 $ 10,511.01

$ 1,875.00 $

1,302.42 $

2,927.42 $

250.00

$2,300,486.95 $31,546,293.95 $30,624,603.84 $3,222,177.06

BANK BALANCES
Citizens and Southern National Bank, Atlanta, Georgia First National Bank, Atlanta, Georgia Fulton National Bank, Atlanta, Georgia Trust Company of Georgia, Atlanta, Georgia
TOTAL BANK BALANCES
Funds Temporarily Invested U. S. Treasury 4 3/4% Notes, due 8 -1 5 - 6 0 U. S. Treasury 4 3/4% C of I 's , due 1 1 -1 5 -6 0 U. S. Treasury 4 7/8% C of I ' s , due 2 -1 5 - 6 1 U. S. Treasury 4 3/8% C of I ' s , due 5 -1 5 - 6 1 U. S. Treasury 4% Notes, due 2 -1 5 - 6 2 U. S. Treasury 2 5/8% Notes, due 2 -1 5 -6 3 U. S. Treasury 4 5/8% Notes, due 5 -1 5 - 6 5 Georgia Institute of Technology 2 1/4% Revenue Bonds, due 5 - 1 - 64
TOTAL BALANCE, JUNE 30, 1960

$ 145,870.91 30,062.42
234,710.72 21,533.01
$ 432,177.06

$375,000.00 205,000.00 200,000.00 950,000.00 200,000.00 550,000.00 300,000.00 10,000.00

2,790,000.00

$3 , 2 2 2 , 1 7 7 . 0 6

40

'r A k
i lip
b H
,b BL 11A
V V - it \ *
r"!*.
>
y ' K
$*0

f. i
41
y/ <
ll M
Ak 8

|y A| A9
11
9 m ,
>m
v4 \
y9
Mi < '
1

m i\
v*
h1
vM
#' 9
.j 9 jj <
A9
A <)
11 <
V< K f|
v9

University of Georgia FINANCIAL REPORT
For the Year Ended June 30, I960

UNIVERSITY OF GEORGIA Athens, Georgia
O. C. Aderhold
President

J. D. Bolton
Comptroller

41

UNIVERSITY OF GEORGIA Athens, Georgia

Office of the Comptroller

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

Dear President Aderhold:

I am submitting herewith my annual report a s Comptroller and Treasurer of the University of Georgia for the fis ca l year ending June 30, 1960, which consists of the following exhibits and schedules:

PART I Consolidated

Consolidated Balance S h e e t.....................................................

Exhibit

A

Consolidated Statement of Current Incom e................................

Exhibit

B

Consolidated Statement of Current E x p e n s e s .................................................................................................... Exhibit

C

PART II University at Athens

Balance S h e e t................................................................................................................................

Schedule

A

Statement of Current Incom e...................................................................................................................................Schedule

B

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

Schedule

C

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

D

Statement of Trust Fund B a l a n c e s . .....................................................................................................................Schedule

E

Statement of Trust Fund Balances by Funds......................................................................................

.Schedule

E-l

Summary of Trust Fund Investm ents................................................................................................................. Schedule

E-2

D etail of Endowment Funds, Bonds.........................................

Schedule E-2-1

D etail of Endowment Funds, Common S t o c k s ............................................................................................ Schedule E - 2 - 2

D etail of Loan Funds, Bonds.................................................................................................................................Schedule E - 2 - 3

D etail of Loan Funds, Common S t o c k s ..............................................................................................................Schedule E - 2 - 4

I

Statement of Receipts and Disbursements,Trust F u n d s .........................

Schedule

E-3

Statement of Changes in Cash B a la n c e s .....................................................

Schedule

F

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

G

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

H

42

President O. C . Aderhold

Statement of Operations of Plant Funds......................................................................... ............................... Schedule

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

Statement of Investment in P lant.......................................................................................................................Schedule

PART III Agricultural Extension Service

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

Statement of Current Incom e................................................................................................................................. Schedule

Statement of Current E x p e n s e s .................................................................... * .....................................................Schedule

Statement of Operations of Restricted Funds.......................................................................................... .' .Schedule

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

Statement of Changes in C ash B a la n c e s ........................................................................................................ Schedule

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

Schedule

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

Schedule

Summary of Investment in P l a n t . ...................................................................................................................... Schedule

Statement of Investment in P lant........................................................................................................................ Schedule

PART IV Experiment Stations - General

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

Statement of Current Incom e................................................................................................................................ Schedule

Statement of Current E x p e n s e s .......................................................................................................................... Schedule

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

PART V Branch Experiment Station

Balance S h e et............................................................... .. *5.............................................................................. .. Schedule

Statement of Current Incom e.................................................................................................................................Schedule

Statement of Current E x p e n s e s ........................................................................... ................................................Schedule

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

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

Statement of Operation of Unexpended Plant Funds........................................................ , ........................Schedule

H-l H-2 H-3
I J K L M N O 0-1 0-2 0-3
P 0 Q -l R
T U V W W-l

43

President O. C . Aderhold

Summary of Investments in P la n t.......................................................................................................................Schedule

W-2

Statement of Investment in P la n t.......................................................................................................................Schedule

W-3

PART VI College Experiment Station

Balance S h e e t .............................................

Schedule

X

Statement of Current Income.............................................., ........................................... ................................. .. Schedule

Y

Statement of Current E x p e n s e s ..............................................

Schedate

Z

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

AA

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

BB

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

Schedule

CC

Statement of Operations of UnexpendedPlant Funds....................................

Schedule

DD

Summary of Investment in P lant..........................................................................................................

Schedule DD-1

Statement of Investment in P la n t...................................................................................................

Schedule DD-2

PART VII Georgia Experiment Station
Experiment, Georgia

Balance S h e e t...............................

Schedule

EE

Statement of Current Incom e..................................................................................................................................Schedule

FF

Statement of Current E x p e n s e s ......................................................................................................................... Schedule

GG

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

HH

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

Schedule

11

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

Schedule

JJ

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

KK

Statement of Operation of Unexpended Plant F u n d s ................................................................................. Schedule KK-1

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

Statement of Investment in Plant....................................................................................................................... Schedule KK-3

9
S m s
4
*A
1

44

President O. C . Aderhold

PART VIII Georgia Coastal Plain Experiment Station
Tifton, Georgia

Balance S h e et.................................. .......................................................................................................................... Schedule LL

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

Schedule MM

Statement of Current E x p e n s e s........................................................

Schedule NN

Statement of Operation of Restricted Funds................................................................................................. Schedule OO

Statement of Changes in Cash B a la n c e s ......................................................................................................... Schedule PP

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

Schedule QQ

Statement of Unexpended Plant Funds..............................................................................................................Schedule RR

Statement of Operation of Unexpended Plant F u n d s . ................ ..............................................................Schedule RR-1

Summary of Investment in Plant Fund................................................ ............................................................. Schedule RR-2

Statement of Investment in P lant......................................... ...................................................... .....................Schedule RR-3

Respectfully Submitted,

Dated at Athens, Georgia

J. D. Bolton Comptroller & Treasurer

45

UNIVERSITY OF GEORGIA COMMENTS
THiP report is assembled on a b a s i s of receipts and disbursements, with the ^option of the Balance Sheet, which re flects a ll known a s s e t s and l ia b il it ie s , including hth accou nts F= ceiyable and accounts payable.
The FePPrt embraces a ll unite of the University of Georgia, including the University f Gecrgia, Athens, Georgia; Continuing Education, Athens, Georgia; AgricuitUFpl IlttenSiOP iFVie, Athens, Georgia; Experiment Stations - General, Athens, Georgia; Branch Experiment |ttins, Athens, Georgia; College Experiment Station, Athens, Georgia; Georgia Agricultural Experiment Station, Experiment, Georgia; and the Georgia C oastal Plain Experiment Station, Tiftn, Georgi
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
46

UNIVERSITY OF GEORGIA

CONSOLIDATED

INCOME

The following summary gives the source of income for Educational and General purposes,

and the percentages of each to the total.
Source
Student Fees State Allotment Federal Appropriations Other Public Allocations Endowment Gifts & Grants Sales & Services Other Contract Overhead

1958 - 59

Amount

Percent

$ 2,137,390. 7,053,054. 3,052,774. 1,121,868. 73,446. 1,626,014, 1,048,707. 4,112. 21,117,

13.20 43.56 18.85
6.93 .45
10,04 6,48 ,34 .IS

1959 - 60

Amount

Percent

$ 1,979,181. 8,152,500. 3,044,772. 1,244,582. 97,039. 2,096,364. 1,343,713. 49,605. 38,782.

10.97 45.17 16.87
6.90 .54
11.62 7.45 .27 .21

Totals

81i.lil.442.

100,00

$18,046,538.

100.00

EXPENSES The following is a statement of Educational and General expenditures by functions, and the

percentage of each to the total I
Funotion
Administrative Genera 1 Student W elfare Physical Plant Libraries Instruction-Resident Research Services Related Extension & Public Service

1958 - 59

Amount

Percent

$( (1,002,777. 873,808. 388,190. 3,803,574. 3,565,910. 329,916. 5,889,537.

( (6.33
5.51 2,45 23.99 22.49 2.08 37.15

1959 - 60

Amount

Percent

$ (758,555. (279,009.
1,033,628. 439,385.
4,370,698. 4,032,170.
383,584. 6,199,762.

(4.34
(1. 59 5.91 2.51 24.98 23.05 2.19 35.43

Totals

$15,853,712.

100.00

$17,496,791.

100.00

47

UNIVERSITY OF GEORGIA

INCOME

The following table re fle c ts Educational And General Income and percentages of income to the to tal for a two year period.

Source of Income

1958 - 59

Amount

Percent

1959 - 60

Amount

Percent

Student Fees State Allocation Federal Other Public Allocations Endowment Gifts & Grants Sales & Services Other Contract Overhead

$1,464,477. 3,926,000. 144,177. 233,248. 71,946. 920,552. 100,191. 33,602.

21.25 56.95
2.09 3.38 1.04 13.35 1.45
.49

$1,543,074 4,651,500 72,124 76, 208 97,039 1,502,212 129,163 28,667 38,782

18.96 57.15
.89 .93 1.19 18.46 1.59 .35 .48

Totals

$6,894,193.

100.00

$8,138,769

100.00

EXPENSES

The following table presents a comparison of expenditures for Educational and General purposes for four y ears.

Function
Administrative and General Student Welfare Plant Operations Library Instruction Research Extension 6c Public Services

1956-57
$ 420,655. 200,610. 618,870. 286,130.
2,617,467. 359,342. 232,021.

1957-58
$ 413,082. 226,258. 674,947. 340,565.
3 060,327. 527,306. 340,164.

1958-59
$ 460,969. 245,897. 731,696. 367,633.
3 , 4 ? 3 ,677. 566,948. 327,857.

1959-60
$ 442,636. 279,009. 880,618. 411,781.
4,222,421. 858,605. 299,302.

Outlay

Sub-totals Totals

$4,735,095. 164,903.
$4,899,998.

$5 5 8 2 ,6 4 9 . 197,494.
$5 7 8 0 .1 4 3 .

$6 1 7 4,677.
Included Above
$6 .1 7 4 .6 7 7 .

$7,394,372.
Included Above
$7,394,372.

48

}
m k- % P
k V
9
&A *B m VM
h i j K
h
1 L9 ,4- 9 "W.
14 V M1 V
> \
M
9
a >$ vm
I1

} I4
^

^

1 j

f

1i' 5 m

wL 1 4 A
il 1
hV m

1 \ h ' y4
>y 3 -y y9
w MV
L V< | 1j j I
1V M3
^: B
'

UNIVERSITY OF GEORGIA

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

Function
Administrative & General Student Welfare Plant Operations Library Instruction Research Extension & Public Service Capital Outlay

Percent 1956-57
8.58 4.09 12.63 5.84 53.42 7.33 4.74 3.37

Percent 1957-58
7.15 3.91 11.68 5.89 52.94 9.12 5.89 3.42

Percent 1958-59
7.47 3.98 11.85 5.95 56.26 9.18 5.31 Spread Out

Percent 1959-60
5.99 3.77 11.91 5.57 57.10 11.61 4.05 Spread Out

Totals

100.00

100,00________ 100.00________ 100.00

The following table is a study of Instructional C ost, by schools and c o lle g e s . These figures

include persons employed on a twelve months b a sis , capital outlay and a ll other Instructional Cost,

except the nine month people who te a ch in the summer and other Summer Quarter c o s t . The figures

for the College of Education include Vocational Agricultural Teacher Training, Vocational Home Economics Teacher Training, Demonstration School and Physical Education.

The cost of the Dean of Faculties office is prorated to all schools and co lle g e s.

School or College

1956-57

1957-58

1958-59

1959-60

1. Agriculture 2. Arts & S cie n ce s 3. Business Administration 4. Education 5. Forestry 6. Graduate 7. Home Economics 8. Journalism 9 . Law
10 . Military 11 . Pharmacy 12 . Veterinary Medicine (net)

$ 264,280. 994,977. 184,795. 379,055. 48,808. 79,548. 111,324. 46,247. 68,794. 8,369. 73,943. 259,166.

$ 280,582. 1,164,738. 225,408. 428,528. 68,421. 78,885. 118,073. 51,369. 88,817. 8,836. 93,693. 290,943.

$ 311,493. 1,265,492. 248,481. 486,954. 75,629. 96,720. 119,050. 57,788. 78,870. 8,737. 102,555. 285,968.

$ 345,309 1,687,010 270,712 521,077 90,159 130,773 134,589 86,722 94,898 9,688 120,998 285,107,

Totals

12 . 5 1 9 .3 0 6 . $2,,8 9 8 .2 9 3 . $3,,1 3 7 .7 3 7 . $3,,7 7 7 ,0 4 2 .

49

UNIVERSITY OF GEORGIA The quarter hours taught by each school and college are shown in the following ta b le .

Hours taught by the Graduate School are shown under the school or college in which the student was

majoring.
School or College
1 . Agriculture
2. Arts & S cien ces 3. Business Administration 4. Education 5. Forestry 6. Home Economics 7. Journalism 8 . Law 9. Military 10 . Pharmacy 11 . Veterinary Medicine

1956-57
16,593 135,590
38,259 32,987
4,931 7,277 5,481 5,108 5,968 6,104 14,116

1957-58
16,297 136,237
39,381 32,852
6,195 7,675 5,347 4,693 6,880 6,651 14,226

1958-59
17,157 153,290
43,996 35,426
7,139 8,497 6,528 5,174 7,325 6,366 13,929

1959-60
16,538 163,614
47,437 36,755
8,183 7,816 6,415 5,247 7,938 7,557 13,380

Totals

272,414

276.434

304.827

320,880

The following table i s a comparison of Instructional Cost per student quarter hour, by

schools and colleges for a four-year period.

School or College

1956-57

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

$15.93 7.34 4.83 11.49 9.90 15.30 8.44 13.47 1.40 12.11 18.36

1957-58
$17.22 8.55 5.72
13.04 11.04 15.38
9.61 18.93
1.28 14.09 20.45

1958-59
$18.16 8.26 5.65
13.75 10.59 14.01
8.85 15.24
1.19 16.11 20.53

1959-60
$20.88 10.31 5.71 14.18 11.02 17.22 13.52 18.09 1.22 16.01 21.31

Total Average

$ 9.25

$10.48

$10.29

$11.77

50

UNIVERSITY OF GEORGIA

AUXILIARY ENTERPRISES

INCOME

The following is a comparison of income from Auxiliary Enterprises for the past four y ears.

1956-57

1957-58

1958-59

1959-60

Dormitories Dining Halls Book Store Printing Department Student Center Student Health Service

$ 444,354. 540,657. 528,839. 112,617. 18,750.

$ 491,116. 513,439. 608,777. 119,806. 18,234.

$ 648,303. 579,283. 660,142.
130,981. 18,421.

$ 695,308 619,190 605,888 159,085 23,056 122,002

Totals

$1,615, 2 17 . $ 1 , 7 5 1 , 3 7 2 . $ 2 , 0 3 7 , 1 3 0 . $2,, 2 2 4 , 5 2 9 .

EXPENSES The following summary g ives a comparison of e xp enses for Auxiliary Enterprises for the past

four y e a r s .

1956-57

1957-58

1958-59

1959-60

Dormitories Salaries & Wages Op. Supplies & Expenses Capital Outlay

$ 109,075. 147,569. 13,096.

$ 122,513. 193,845. 19,009.

$ 128,388. $ 140,881.

202,680.,

179,157.

15,507.

10,858.

Total Dormitories
Dining Halls Salaries & Wages Op. Supplies & Expenses Capital Outlay

i . 269.740. $ 335.367. ? 346,575. $ 330.896.

$ 94,137. 362,184.
6,323.

$ 100,145. 356,894. 8,833.

$ 106,051. 366,969.
6,916.

$ 119,131. 387,935.
7,840.

Total Dining Halls
General Dorms & Dining Halls Salaries & Wages Operating Expense Rent to Trust Funds Rent to Univ. System Bldg. Auth. Transfer to Univ .S ystem Bldg. HHFA

$ 462.644. $ 465.872. $ 479.936. $ 514.906.

$ 16,780. $ 32,670. $ 37,684. $ 40,454.

694.

791.

763.

952.

81,375.

81,375.

157,399.

191,374.

65,353.

61,155.

15,768.

100,759.

65,000.

Total General Total Dorms & Dining Halls

$ 164.202. $ 896,586.

$ 175.991. 977.230.

$ 211.614. $1,,0 3 8 .1 2 5 .

$ 398.539. ,244.341.

51

EXPENSES (Continued)
Printing Department Salaries & Wages Operating Expense Capital Outlay
Total Printing Dept.
University Stores Salaries & Wages Purchases & Operating Expense Capital Outlay
Total University Stores
Student Center Salaries & Wages Operating Expenses Capital Outlay
Total Student Center
Student Health Salaries & Wages Operating Expenses Capital Outlay
Total Student Health
Total Auxiliary Enterprises

UNIVERSITY OF GEORGIA AUXILIARY ENTERPRISES

1956-57

1957-58

1958-59

1959-60

$ 45,941. $ 53,462. $ 64,464. $ 76,643.

51,374.

50,359.

55,882.

57,608.

1,168.

9,846.

5,431.

3,208.

$ 98.483. $ 113.667. $ 125.777. $ 137,459.

$ 54,888. 460,059. 1,185.

$ 59,002. 544,589. 1,979.

$ 64,794. 547,263. 3,666.

$ 73,617. 556,695. 6,049.

$ 516,132. $ 605.570. $ 615.723. $ 636.361.

$ 10,352. $ 3,731. 16.

8,188. $ 4,245.
402.

8,542. $ 10,721.

4,385.

7,308.

3,095.

3,835.

$ 14,099. $ 12,835. $ 16,022. $ 21.864.

$ (23,748.) $ (61,030.) $ (67,689.) $

( 4,607.)

(23,525.)

(22,404.)

( 2,468.)

( 878.)

( 1,659.)

73,519. 27,358.
1,626.

$ (30.823.) $ (85,433.) $ (91,752.) $ 102.503. $1 , 5 2 5 . 3 0 0 . $1 , 7 0 9 , 3 0 2 . $1 , 7 9 5 . 6 4 7 . $ 2 , 1 4 2 , 5 2 8 .

fi
$ y A h 4L | 1
y jr
'i it
' PiI
B A mi

52

UNIVERSITY OF GEORGIA

CONTINUING EDUCATION

The following summary is a comparison of the operations of Continuing Education for the

past two years, with percentages of each item to the total.

Income

1958 - 59

Amount

Percent

Student Fees State Allocation Gifts & Grants Foods & Rooms & Gift Shop Other

$ 672,913. 126,000. 74,098. 427,148. 185.

51.75 9.70. 5.69
32.85 .01

1959 - 60

Amount

Percent

$ 438,893. 268,000. 86,876. 512,980. 278.

33.58 20.50
6.65 39.25
.02

Total Income
Expenses
Administration & General Plant Operations Instruction Extension & Public Service

$1,300,344.

100.00

$ 90,060. 28,358.
372,183. 715,114.

7.47 2.35 30.87 59.31

$1,307,027.

100.00

$ 89,600. 25,493.
194,051. 848,242.

7.74. 2.20 16.77 73.29

Total Expense

$1,205,715.

100.00

$1,157,386.

100.00

53

y UNIVERSITY OF GEORGIA

AGRICULTURAL EXTENSION SERVICE

The following is a summary of income and percentages of income to the to ta ls for three years.

Source

1957 -58

Amount

Percent

1958-59

Amount

Percent

1959-60

Amount

Percent

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

$1,179,400. 5,058.
1,074,168. 1,965,304.
51,870. 246,869.

26.08 .11
23.75 43.45
1.15 5.46

$1,371,000. 5,970.
1,115,898. 2,073,327.
47,252. 254,502.

28.17 .12
22.92 42.59
.97 5.23

$1,516,150. 5,970.
1,156,254. 2,063,424.
53,976. 294,436.

29.79 .12
22.71 40.54
1.06 5.78

Totals

$4,522,669. 100.00 $4,867,949. 100.00 $5,090,210. 100.00

A comparison of expense by object of expenditure is presented below in amounts and

percentages.

1957 -59

1958 -59

1959 -60

Object

Amount

Percent

Amount

Percent

Amount

Percent

P

Salaries & Wages

$3,763,123. 82.20 $4,024,238. 83.03 $4,108,785.

81.33

Travel

430,272.

9.40.

455,116. 9.39

545,805.

10.80

Op. Supplies & Expenses

363,100.

7.93

348,720. 7.20

373,784.

7.40

i

Equipment

21,498.

.47

18.492.

.38

23.844.

.47

Totals

$4,577,993. 100.00 $4,846,566. 100.00 $5,052,218. 100.00

The following is a statement by projects of a ll expenditures disbursed by both the Agricultural

Extension Service and the various counties. This statement a lso indicates the amount of Federal Funds fk

used, State and County Funds Used for Offset, and Funds Not Used for Offset, by each project.

v

Federal

Offset

Funds not used

Total

No.

Project

Funds

Funds

as Offset

Expenditures

V

1.

Administration

$ 47,804.15$ 26,118.11 $

(? 7 3 , 9 2 2 . 2 6

la.

Faculty and Staff Benefits

50,166.19

50,166.19

2.

Information

78,647.70

29,620.15

9,549.52 117,817.37

3.

County Extension Work

1 , 5 9 0 , 0 7 1 . 9 9 9 7 5 , 6 5 9 . 3 0 1,, 1 9 9 , 5 1 8 . 3 7 3 , 7 6 5 , 2 4 9 . 6 6

4)

4.

Home Economics

52,182.32

20,724.41

8,697.70

81,604.43

5.

Agriculture

131,158.34 303,552.29

21,184.79 455,895.42

5a.

Economics & Marketing

10,000.50

10,000.50

Jr>

5b.

Consumer Education

8,588.49

8,040.43

16,628.92

5c.

Egg Marketing

5,601.55

6,252.75

500.00

12,354.30

5d. Dairy Marketing

7,738.95

7,541.85

15,280.80

5f.

Cotton Ginning & Marketing

5,065.11

4,743.38

9,808.49

V

5h. Forestry Marketing

9,674.16

9,182.84

18,857.00

5i.

Marketing Information & Statistics

5,004.55

5,027.12

10,031.67



5k.

Seed Marketing

4,904.23

5,865.48

10,769.71

51.

Entomology Survey

9,204.89

9,204.89

V

l

54

f

UNIVERSITY OF GEORGIA

AGRICULTURAL EXTENSION SERVICE (Cont'd)

No.

Project

Federal Funds

5m. Cotton Marketing, Educ.Service $

$

6.

4-H Club Work

109,883.00

Offset Funds

Funds not used

Total

as Offset Expenditures

$

1,517.53$

1,517.53

32,459.26 250,766.95 393,109.21

Total

(1)

(2)

$ 2 ,0 5 6 ,3 2 4 .5 4 $ ! .4 3 4 ,7 8 7 .3 7 $1,,5 6 1 ,1 0 6 .4 4 $ 5 .0 5 2 .2 1 8 .3 5

(1) Of This amount $ 2 1 , 7 0 3 . 2 2 was disbursed by the various cou n ties. (2) Of this amount $ 1 , 1 3 4 , 5 5 0 . 8 4 was disbursed by the various cou n ties.
The following schedule indicates the funds to be offset and the manner in which they were

offset.
Funds to be Offset and Not to be Offset
Federal Funds Smith-Lever & Bankhead Jones Research and Marketing Special Needs Rural Development

Total

To Be Offset

Not to Be Offset

$1,934,752.33$1,366,877.00$

46,577.04

46,577.04

21,333.33

21,333.33

53,661.84

567,875.33 53,661.84

Total Federal Funds
Offset and Non-Offset Funds State, County, & Non-Public Funds
State County (Distributed by Counties) Non-Public - Georgia Crop Imp, Assn.

$2.056,324.54$1.434.787.37 $ 621.537.17

Total

Offset Funds

Non-Offset Funds

$1,500,754.01$1,,407,218.67$ 93,535.34

1,156,254.06

21,703.22 1,134,550.84

5,865.48

5,865.48

Total State, County & Non-Public Funds

The following is a summary of expenditures by ob ject:

Object

Distributed By University

Distributed By Counties______ Total

Percent Of Total

COD

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

$3,029,670.43 510,617.40 2,204.66 20,077.54 32,270.85 14,660.53 13,921.76 56,921.48 188,681,05. 22,784.83
4,153.76

$1,075, .89 35,,187,.76

5,,532,.20 2,, 3 9 4 , , 7 2

158,.65

5, 067,.64

31, 744,.38

toCnO

1,

,82

$4,104,,780,.32 545,,805,,16 2,, 2 0 4 , , 6 6 25,,609,,74 34,,665,,57
14, 660,,53 14, 080.,41 61, 989,,12 220, 425,,43 23, ,65
4,, 1 5 3 , , 7 6

C*> 00

81 .25 10 .80
,04 .51 .69 .29 .28 1 ,.23 4,,36 .47
.08

Total

$3,895,964.29 $1,156,254,06 $5,052,218.35100.00

55

PART I U N I V E R S I T Y OF G E O R G I A
CONSOLIDATED
57

EXHIBIT A

UNIVERSITY OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1960

I . CURRENT FUNDS A. GENERAL Cash on Hand & In Banks Temporary Investments Inventories Accounts Receivable
TOTAL GENERAL
B. RESTRICTED Cash on Hand & In Banks Temporary Investments Accounts Receivable TOTAL RESTRICTED
C . AUXILIARY Cash on Hand & In Banks Temporary Investments Inventories Accounts Receivable TOTAL AUXILIARY
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash on Hand & In Banks Accounts Receivable TOTAL AGENCY FUNDS
III .ENDOWMENT FUNDS Cash on Hand & In Banks Investments TOTAL ENDOWMENT FUNDS
IV.LOAN FUNDS Cash on Hand & In Banks Investments
TOTAL LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Cash on Hand & In Banks Temporary Investments
TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvement other than Bldgs. Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

ASSETS

$ 649,424.22

940,000.00 $ 1,589,424.22

14,002.89

38,107.68

52,110.57

$ 1,641,534.79

$ 369,657.99 1, 000. 000.00

$ 1,369,657.99 66,816.23

1,436,474.22

$

14,551.32

700,000.00 $ 714,551.32 .

238,079.10

_______ 1 , 2 2 7 . 6 8

953,858.10

$ 4,031,867.11

$ 675,490.08 _______ 1 , 1 2 1 . 1 3

676,611.21

$ 38,577.35 2,796,387.94

$ 2,834,965.29

$ 164,520.16 1,193,850.94

1,358,371.10

$ 248,346.45 1,586,030.00
$ 1,834,376.45

$ 2,639,044.95 36,807,427.42 1,419,865.19 9,412,501.87

50,278,839.43

$52,113,215.88

$61,015,030.59
58


t1
>1 t
lm
A

EXHIBIT A

UNIVERSITY OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1960

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

LIABILITIES

147,568.43 242,889.26 227,786.06

$ 618,243.75 1,023,291.04

$ 1,641,534.79

Fund Balances
C . AUXILIARY Purchase Orders Outstanding Unearned Income Reserves Surplus TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS

Fund Balances

III .ENDOWMENT FUNDS Fund Balances Reserves TOTAL ENDOWMENT FUNDS

IV.

LOAN FUNDS

Fund Balances

Reserves

TOTAL LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Contracts Negotiated Purchase Orders Outstanding Fund Balances TOTAL UNEXPENDED

B. EXPENDED Due to Other Funds Equity of Univ. System Bldg. Auth. Investment in Plant

TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL LIABILITIES & SURPLUS

1,436,474.22

8,026.02 83,475.21 832,224.54 $ 923,725.77
30,132.33

953,858.10

$ 4,031,867.11

676,611.21

$ 2,785,719.26 49,246.03

2,834,965.29

$ 1,328,974.42 29,396.68

1,358,371.10

$ 1,517,906.42 173,142.12 143,327.91

$ 1,834,376.45

$ 1,079,815.94 7,812,163.80
41,386,859.69
$50,278,839.43
$52,113,215.88
$61,015,030.59
59

y

UNIVERSITY OF GEORGIA ?

EXHIBIT B

CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960



A. EDUCATIONAL AND GENERAL

Student Fees

$ 1,979,180.73

Public Appropriation State-Regular

$8,152,500.00

*

Federal

3,044,771.68

V

Other

1,244,582.49

12,441,854.17

Endowment

97,038.80

Gifts & Grants

2,096,363.80

Sales & Services

1,343,713.42

Other Contract Overhead

49,605.01

38,782.06

u

TOTAL EDUCATIONAL & GENERAL

X
$18,046,537.99

B. AUXILIARY Dormitories Dining Halls Other

X
$ 934,975.09 868,812.40 917.999.05

TOTAL AUXILIARY

2,721,786.54



C . STUDENT AID Gifts & Grants Endowment
TOTAL STUDENT AID

$ 113,070,35

m

27,791.57

y.

140,861.92

TOTAL CURRENT INCOME

$20,909,186.45

D . PLANT FUNDS Sale of Property Gifts & Grants State of Georgia - Allocation Interest on Temporary Investments Other
TOTAL PLANT FUNDS
TOTAL INCOME Air Travel Fee Deposits Transfers Dormitory Deposits Unearned Income
TOTAL RECEIPTS

$ 30,649.82

y

343,664.28 143,900.00

v

201,394.25

21,446.29

v 741,054.64

$21,650,241.09

X

$

85.60



53,475.00

709,644.70

9,850.00

33.106.78

806,162.08

y

$22,456,403.17

W

y

V

i
I
E

60

UNIVERSITY OF GEORGIA

EXHIBIT C

CONSOLIDATED STATEMENT OF CURRENT EXPENSES For Year Ended June 30, 1960

Salaries & Wages

Op. Supplies & Expense

Capital Outlay

EDUCATIONAL AND GENERAL

Administrative & General )

Student Welfare

)

Physical Plant

Libraries

Instruction

Research

Services Related

Extension & Public Services

$ 611,562.72 223,994.74 451,881.79 257.361.28
3,891,518.67 2,722,592.05
146.765.28 4,826,633.30

$ 141,996.65 34,276.49
556,947.97 17,201.25
264,176.66 879,395.62 228,765.68 1,326,403.80

$ 4,995.43 20,738.02 24,798.64
164,822.62 215,002.20 430,182.45
8,052.85 46,725.27

Total
$ 758.554.80 279,009.25
1,033,628.40 439,385.15
4,370,697.53 4,032,170.12
383.583.81 6,199,762.37

TOTAL EDUC. & GENERAL
AUXILIARY Dorm & Dining Halls Other

$13.132,309.83
$ 300,466.29 234,500.29

$3,449,164.12
$ 568,042.89 648,968.62

$ 915.317.48 $17,496,791.43

$ 18,697.80 $ 887,206.98

14,718.56

898,187.47

TOTAL AUXILIARY
STUDENT AID Scholarships Awards Miscellaneous

$ 534,966.58

$1.217.011.51
$ 135,792.68 3,671.17 400.00

$ 33.416.36 $ 1.785.394.45
$ 135,792.68 3,671.17 400.00

TOTAL STUDENT AID
PLANT FUNDS Additions Debt Service

$ 139.863.85
$ 128,350.11 292,133.34

$ 139.863.85

$2,828,418.02

$ 2,956,768.13 292,133.34

TOTAL PLANT FUNDS
TOTAL EXPENSE Transfers Refunds-Prior Years Other

$13,667,276.41

$ 420.483.45
$5,226,522.93 661,169.60 21,267.99 4,800.00

$2,828,418.02 $3,777,151.86

$ 3,248,901.47
$22,670,951.20 661,169.60 21,267.99 4,800.00

TOTAL DISBURSEMENTS

$13,667,276.41 $5,913,760.52

$3,777.151.86 - $23.358.188.79

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

UNIVERSITY OF GEORGIA

Schedule A

BALANCE SHEET June 30, 1960

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & In Banks Temporary Investments Accounts Receivable Students Vocational Funds Eastern Air Lines Clarke County L ess R e s. for Doubt. As set Georgia Securities Co. L ess R e s. for Doubt. As set TOTAL GENERAL FUNDS

$ 1,940.00 1,940.00
$53,527.47 53,527.47

74,215.62 940,000.00 $ 1,014,215.62
8,795.71 21,788.82
339.40
30,923.93 $ 1,045,139.55

B. RESTRICTED Cash on Hand & In Banks Temporary Investments Accounts Receivable TOTAL RESTRICTED FUNDS

13,977.91 1. 000. 000.00

$ 1,013,977.91 40,582.15

1,054,560.06

AUXILIARY Cash on Hand and In Banks Temporary Investments Inventories Accounts Receivable

14,551.32 700,000.00

714,551.32 238,079.10
1,227.68

TOTAL AUXILIARY FUNDS
D . CONTINUING EDUCATION Cash on Hand & In Banks Inventories Accounts Receivable D eposits (T.V. & Air Travel)
TOTAL CONTINUING EDUCATION FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand & In Banks Accounts Receivable TOTAL AGENCY FUNDS

953,858.10

$ 294,624.84 14,002.89 1,533.75
_______ 5 . 2 2 5 . 0 0
315,386.48
$ 3,368,944.19

$ 580,756.70 _______ 1 , 1 2 1 . 1 3
$

581,877.83

64

4
rm
V
RM
A ,f
Ii
JTk -jt
**
M
V
VI L
*
f4
V Mm
v -3

*U
Iy % * <
V4
^V V - `il > V:
Im
A Hx \ Li
Im a3 Ia
&4
>1
%^ U
H Vw
V
\ A\ L4
'* < 9 pr *4}
:> 4
> h| < ' i
M
II
41
I

Schedule A (Continued)
I . CURRENT FUNDS A. GENERAL Fee Deposits Purchase Orders Outstanding Unearned Income Reserve for Work in Process Reserve for Staff Benefits Surplus

UNIVERSITY OF GEORGIA
BALANCE SHEET June 30, 1960
LIABILITIES

$ 53,475.00 125,938.68 140,851.01 56,120.89
_______ 6 , 0 6 4 . 5 1 $

382,450.09 662,689.46

TOTAL GENERAL FUNDS
B. RESTRICTED
Fund Balances
C . AUXILIARY Purchase Orders Outstanding Reserve for Inventories Reserve for Dorm. Deposits Reserve for Repairs & Replacements Reserve for Equipment, HHFA Unearned Income Surplus TOTAL AUXILIARY FUNDS
D. CONTINUING EDUCATION Purchase Orders Outstanding Reserve for Inventories Unearned Income Other Reserves Surplus TOTAL CONTINUING EDUCATION FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS
Fund Balances

$ 1,045,139.55

1,054,560.06

$

8,026.02

238,079.10

143,775.00

350,370.44

100, 000.00

83,475.21

30,132.33

953,858.10

$ 12,483.49 14,002.89 48,563.25 98,006.37
142,330,48

315.386.48

$ 3,368,944.19

581,877.83

65

UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1960

Assets (Continued)

III. ENDOWMENT FUNDS Cash on Hand & In Banks Investments Athens Fed.Sav.& Loan Assn. U .S. Securities Univ. Sy s. Bldg.Auth. Bonds State Sch. Bldg. Auth. Bonds Other Bonds Preferred & Common Stock Real Estate Loans to Fraternities Univ. of Ga. Building Loss on sale of Bonds to be Amortized TOTAL INVESTMENTS

4,255.70 361,890.00 859,811.50 536.000. 100. 000.
34,339.21 3.500.00 9.450.00
885,403.42 1,738.11

38,577.35
00 00
2,796,387.94

TOTAL ENDOWMENT FUNDS

$ 2,834,965.29

IV. STUDENT LOAN FUNDS & M ISC . FUNDS

Cash on Hand & In Banks

Investments

Athens Fed.Sav. & Loan Assn.

$

3,185.47

U. S. Securities

41,610.00

State School Bldg.Auth. Bonds

94,000.00

Univ. S y s. Bldg. Auth. Bonds

93,861.00

Common Stock

1.00

Loans to Fraternities

30,737.17

Loan - Catholic Student Center

9,463.50

Un. of Ga. Building

186,748.68

H. H. Hinton Property

7,663.84

North Georgia College - Loan

27,016.90

Notes Receivable - Students

699,563.38

TOTAL INVESTMENTS

TOTAL STUDENT LOAN & M IS C . FUNDS

164,520.16
1.193,850.94 $ 1,358,371.10

PLANT FUNDS A. UNEXPENDED
Cash in Banks Temporary Investments Cash in Univ. System Bldg. Auth. Temporary Investments Bldg. Auth.
TOTAL UNEXPENDED

84,398.51 596,030.00

$ 88,737.78 990,000.00
680,428.51 $ 1,759,166.29

B. EXPENDED Land Buildings Improvements other than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 662,912.50 31,181,191.43 1,217,763.09 6.684,936.69

$39,746,803.71

41,505,970.00

$49,650,128.41

66

X VX A'
X
X
HHr >
it

Schedule A (Continued)
Liabilities (Continued)
III. ENDOWMENT FUNDS Fund Balances Reserve for Purposes of Trust

UNIVERSITY OF GEORGIA
BALANCE SHEET June 30, 1960

$ 2,785,719.26 49,246.03

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

2,834,965.29
$ 1,328,974.42 29,396.68

TOTAL STUDENT LOAN FUNDS & MISC. FUNDS

V. PLANT FUNDS A. UNEXPENDED Outstanding Purchase Orders Contracts Negotiated Fund Balances

$ 173,142.12 1,517,906.42 68,117.75

TOTAL UNEXPENDED

$ 1,759,166.29

B. EXPENDED Due to Univ. of G a. Trust Funds Equity of Univ. Sy s. Bldg. Auth. Invested in Plant

$ 1,079,815.94 7,301,593.93
31,365,393.84

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES & SURPLUS

39,746,803.71

1,358,371.10
41,505,970.00 $49,650.128.41

67

UNIVERSITY OF GEORGIA

Schedule B

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

General Income

Restricted Income

EDUCATIONAL AND GENERAL STUDENT FEES
Agricultural Extension - Training Fees Diploma Matriculation Miscellaneous Music Fees Non-Resident Tuition Nursery School Summer Matriculation Summer N on-R es. Tuition Workshops Atlanta Area Teaching

$

$

11,649.90

1,034,832.17

22,996.88

7,454.00

252,469.92

3,830.00

150,428.96

25,883.78

17,133.15

13,855.58

2,540.00

Total

$

2,540.00

11,649.90

1,034,832.17

22,996.88

7,454.00

252,469.92

3,830.00

150,428.96

25,883.78

17,133.15

13,855.58

TOTAL STUDENT FEES

$1,540,534.34

PUBLIC APPROPRIATIONS State of Georgia Dept. of Educ. - In Service Regular Operations Vocational Funds

$ 4,651,500.00

TOTAL STATE

$4,651,500.00

United States Morrill Nelson Fund
TOTAL PUBLIC APPROPRIATIONS

$ $4,651,500.00

ENDOWMENT

Alumni Library

$

Alumni, Y .M .C .A .

Bocock, W . H.

Denmark, B.A. & T.N .

E. T. Comer

Franklin College

Franklin, Mary J.

Grace, Walter J.

Gilmer, George R.

Lamar, W . P.

Land script

Magers, Edmund

McKamy, David K.

Religion on Campus

Smith, Jennie B.

Terrell, William

University of Georgia Foundation

University of Georgia Foundation - Lucas

University of Georgia Foundation - Atlantic Steel University of Georgia Foundation-Press-Wilson

TOTAL ENDOWMENT

$

$

2.540.00 $ 1,543,074.34

$

1,758.44

74,449.99

$ 76.208.43

$

1,758.44

4,651,500.00

74,449.99

$ 4,727,708.43

$ 72.124.28 $ 148,332.71

$ 72,124.28 $ 4.799.832.71

$

444.18 $

408.96

9.30

1,541.56

7,699.26

8,602.64

115.93

46.25

583.24

1,608.40

5,685.88

3.50

1,685.87

632.31

2,775.11

841.41

54,855.00

1,000.00

3,000.00 5,500.00

$ 97.038.80

444.18 408.96
9.30 1,541.56 7,699.26 8,602.64
115.93 46.25
583.24 1,608.40 5,685.88
3.50 1,685.87
632.31 2,775.11
841.41 54,855.00
1,000.00 3,000.00 5.500.00
97.038.80

68

Schedule B (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF CURRENT INCOME (Continued)

General ______ Incom e__

Restricted Income

Total

A. EDUCATIONAL AND GENERAL (Cont'd)

GIFTS & GRANTS

Public Grants

State of Georgia

Dept, of Health & Mental Health

$

Dept, of Educ.-Consultive Service

Game & Fish Comm. - Deer

Game & Fish Comm. - Wildlife

Voc. Rehab.-Speech Correction

Voc. Rehab.-Hearing

Voc. Rehab.-Adult Counselor

TOTAL STATE OF GA.

$

Other States

Auburn Univ. - A g . Educ. Rel.

$

Alabama - Deer D isease

Arkansas - Deer Disease

Florida - Deer D isease

Kentucky - Deer Disease

Louisiana - Deer Disease

North Carolina State College-A g. Ed. Rel.

Mississippi - Deer Disease

Oklahama State University - Hood

South Carolina - Deer Disease

South Carolina State D ep. Educ. - Ag. Ed. R el.

Southern Regional Council - V et. M ed.

Southern Regional Council - Ag.Ed.Rel.

Tennessee - Deer Disease

Tennessee University - Ag. Ed. Rel.

Virginia - Deer D isease

Maryland - Deer D isease

M ississipp i Bd. of Educ. - Ag.Ed.Rel.

TOTAL OTHER STATES

$

United States

Air Force-Bowers

$

Air Force - Cooper

Air Force - G a s s e s

Army Ordnance - Math Tests

Atomic Energy - Arts & Science

Atomic Energy - Savannah River for R es.

Atomic Energy - Pharmacy

Atomic Energy - Sears

Atomic Energy - Cormier

Atomic Energy - Agriculture

NSF - Byrd

NSF - Amphibian

NSF - Bacteriology

NSF - Biochemistry

NSF - Clark

NSF - Brahana NSF - Cormier

$ 9,528.60 $ 9 . 0 0 0 . 00 2,225.45 6 . 0 0 0 . 00 2,206.90 2,027.92 2,043.83
$ 33.032.70 $

9,528.60 9 . 0 0 0 . 00 2,225.45 6 .0 0 0 . 00 2,206.90 2,027.92 2,043.83 33.032.70

$

2,465.00 $

2,465.00

2, 225.45

2,225.45

2,225.45

2,225.45

2,225.45

2,225.45

2,225.45

2,225.45

2,225.45

2,225.45

3,000.00

3,000.00

2,225.45

2,225.45

2,567.00

2,567.00

2,225.45

2,225.45

2,445.50

2,445.50

181,500.00

181,500.00

3,000.00

3,000.00

2,225.45

2,225.45

3,000.00

3,000.00

2,225.45

2,225.45

2,225.45

2,225.45

3,000.00

3.000.00

$ 223.232.00 $ 223.232.00

$

930.24 $

930.24

8,650.91

8,650.91

3,817.84

3,817.84

11,337.93

11,337.93

10,000.00

10,000.00

23,000.00

23,000.00

10,862.00

10,862.00

12,084.15

12,084.15

3,467.25

3,467.25

10,000.00

10,000.00

4,200.00

4,200.00

13,500.00

13,500.00

7,000.00

7,000.00

20,000.00

20,000.00

1,900.00

1,900.00

10,200.00 5,050.00

10,200.00 5,050.00

69

UNIVERSITY OF GEORGIA

Schedule B (Continued)
STATEMENT OF CURRENT INCOME (Continued)
A. EDUCATIONAL AND GENERAL (Cont'd) GIFTS & GRANTS (Cont'd) United State s (Continued) NSF - Migratory Birds NSF - Howe NSF - In Service NSF - Eagon NSF - Marine Equipment NSF - Martof NSF - Lamb NSF - Light NSF - Nuclear NSF - McRorie Teachers NSF - Payne Equip. NSF - Pomeroy N .D .E .A . - Oliver N.D .E.A. - Fellowship N . D . E . A . - King NSF - Whitehead Summer NSF - Whitehead - Water NSF - Whitehead - Teachers NSF - Whitehead - Students NSF - Thomas NSF - Scott NSF - Teal NSF - Salotti NSF - Marsh G ra s s e s NSF - Schlee NSF - Uronic Acids NSF - W e stfa ll 1960-61 NSF - W e s tfa ll I n s t. 1959-60 NPS - W alter F . George NPS - Hartwell Dam U . S . Office Educ. - Summer Jordan USPH - Blake USPH - Chambliss USPH - Cosgrove USPH - Cleveland USPH - Hinton USPH - Infectious D is e a s e USPH - Kent USPH - McClung USPH - McGhee - Malaria USPH - Peacock USPH - Mental Retardation Fellowships USPH - Mental Retardation ICA - Vietnam - Cambodia Survey TOTAL UNITED STATES

General

Restricted

Income___________ Income_________ Total

13,800.00 8,700.00
12,300.00 1,000.00
20,400.00 1,100.00
10,900.00
85,800.00 23,000.00 14,000.00 11,400.00 13,770.00 15,000.00 48,817.00 48,600.00
3,500.00 60,100.00 10,020.00
4,800.00 11,500.00
4,800.00 2,500.00 5,700.00 8,200.00 3,100.00 57,700.00 207,400.00 20,000.00 1,125.00 84,481.00 7,595.00 1,965.00 5,416.00 18,745.00 4,830.00 2,300.00 7,193.00 8,429.00 8,273.00 2,143.00 6,100.00 4,101.00 14.621.00 $__________________ $ 1 . 0 7 9 . 4 2 4 . 3 2

Oo ooCM 0r-H0

$

13,800.00

8,700.00

12,300.00

1,000.00

20,400.00

1,100.00

10,900.00

18,200.00

85,800.00

23,000.00

14,000.00

11,400.00

13,770.00

15,000.00

48,817.00

48,600.00

3,500.00

60,100.00

10,020.00

4,800.00

11,500.00

4,800.00

2,500.00

5,700.00

8,200.00

3,100.00

57,700.00

207,400.00

20,000.00

1,125.00

84,481.00

7,595.00

1,965.00

5,416.00

18,745.00

4,830.00

2,300.00

7,193.00

8,429.00

8,273.00

2,143.00

6,100.00

4,101.00

14,621.00

$ 1,079,424.32

70

f
*
*
ill
i7
>' 9
V aA
Li
Ift 9 A% > 4!
1 KA
*!>
\i
V4
vi
A4
A\
pp \i
v|
<* A
vy'W H)
tfl %^


* [w *i i l l
m
>9
M
V
Vd

UNIVERSITY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued

A. EDUCATIONAL & GENERAL (Cont'd) GIFTS & GRANTS (Cont'd) Public Grants (Cont'd) Counties and Cities Atlanta Board of Education-Emory, G a . Decatur Board of Education - Emory, G a. Fulton Board of Education - Emory, G a . Richmond County Bd. of Educ, - Surveys TOTAL COUNTIES & CITIES

General Income
$
_

Restricted Income

Total

$

2,500.00 $

400.00

2,000.00

350.00

$ 5,250.00 $

2,500.00 400.00
2,000.00 350.00
5,250.00

Private Sources American Soc. L .O . Sessions Canine Parisitology Dairy Judging Emory Univ, - Atlanta Area Ford Foundation - Press Fund for Adult Educ. - Business Admr. G a , Power C o . - Ag, Educ. Relation Ga, Elec. Membership - Millen - Ag. Ed, Rel. Gen, Educ. Bd. - Art Inst, of Life Ins. - For Family Fin, Jefferson Mills Kellogg - Education Landscape Arch. - Various Little - Ila Dunlap Estate National Pest Control National Council Stream Improvement-Scott National Vitamin - Clark Petroleum Fund - Heric Research Corp. - Lamb Sears, Roebuck Foundation - Ag. Educ. Rel. Sloan Foundation - Fort for Research Society American Bacteriologist - McClung Southern Appla. - Belcher Texas Company University Center - Emory Georgia Westinghouse Found. - Faculty Support Woodrow W ilson Foundation Wormsloe Foundation - Press Worm sloe Foundation - Library Virginia Assn. E lec. Coop, -A g .E d .R e l,
TOTAL PRIVATE SOURCES

$

$

L . _______ ______ _ i _

18.75 18,835.00
200.00 8,000.00 2,500.00 12,000.00
250.00 500,00 21,189.88 13,587.50 150,00 2,028.00 3,991.82 15,000.00
500.00 7,539.63 3,000.00 10,000,00 2,000.00
500.00 8,625.00 2,750.00 5,806.58
250.00
2,500.00 5,000.00 4,000,00
300.40
10,000.00 250.00
161.272.56

$

18.75

18,835.00

200.00

8,000,00

2,500.00

12,000.00

250.00 500.00

21,189.88

13,587.50 150,00

2,028.00 3,991.82

15,000,00

500.00 7,539.63

3,000.00 10,000.00

2,000,00

500,00 8,625,00

2,750,00

5,806,58

250.00

2,500.00

5,000.00

4,000.00

300.40

10,000.00 250,00
161.272.56

TOTAL GIFTS & GRANTS

1_________ ________ L , 5 0 2 , 2 1 1 . 1 1 _ U 0 2 , 2 1 1 . 5 8

71

UNIVERSITY OF GEORGIA Schedule B (Continued) STATEMENT OF CURRENT INCOME (Continued)

A. EDUCATIONAL & GENERAL (Cont'd) SALES & SERVICES Ag. Education Relations Bureau B usiness Research (Comer) Education Surveys Institute of Law & Government Library Literary Quarterly Physics Shop Psychological Clinic Southern Resources Handbook University Press Veterinary Clinic
TOTAL SALES & SERVICES
OTHER SOURCES Ag. Extension Service Fire Loss General Experiment Station Miscellaneous Rents Rents (Marine Biology) Veterans Guidance
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL & GENERAL INCOME
Unearned Income (Net) Fee Deposits Air Travel
Transfers From: Restricted - Overhead Restricted Funds - College Station Agency Funds (Overhead) Restricted Funds College Station (OH) Agency Agency for Inland Container General Funds TOTAL TRANSFERS
TOTAL EDUCATIONAL & GENERAL RECEIPTS

General Income

Re stri cte d Income

Total

$

$ 22,531.67 $

1,522.46

1,532.92

2,523.58

1,782.79

4,190.17

1,422.81

2,352.50

865.00

35,256.24

55,182.53

22,531.67 1,522.46 1,532.92 2,523.58 1,782.79 4,190.17 1,422.81 2,352.50 865.00
35,256.24 55,182.53

$ 102,710.62 $ 26.452.05 $ 129,162.67

$ 8,500.00 1,159.32 6,300.00 2,455.63 1,022.50
8.871.96
$ 28.309.41
$6,323,054.37
2,689.15 53,475.00
85.60

$

358.00

$

358.00

$1,776,933.14

$

8,500.00

1,159.32

6,300.00

2,455.63

1,022.50

358.00

8.871.96

$ 28,667.41

$ 8,099,987.51

2,689.15 53,475.00
85.60

32,450.75 1,100.03 5,231.28 3,049.30
$ 98:081.11 $6,421,135.48

538.97

500.00

2,880.00

$

3.918.97

$1,780,852.11

32,450.75 538.97
1,100.03 5,231.28 3,049.30
500.00 2,880.00 $ 102,000.08
$ 8,201.987.59

72

A1 \A
fr/X Jut
A
f A\ 1 1
* A
aa
H
W;
A4
*r> Nip
vl
. v-A A' *
">
t !*
fl
>
* jfl
iA H*

UNIVERSITY OF GEORGIA Schedule B (Continued) STATEMENT OF CURRENT INCOME (Continued)

CONTINUING EDUCATION STUDENT FEES
Short Courses & Conferences Extension Classes Albany Center Communications Gainesville Center Home Study Korean Veterans Marietta Center Rome Center Waycross Center Miscellaneous
TOTAL STUDENT FEES
GIFTS F.A .E . Liberal Studies Tri-Regional Workshop H .E .W . Media TOTAL GIFTS
OTHER Food Fire Loss Gift Shop Rooms TOTAL OTHER
PUBLIC APPROPRIATIONS State of G a . - Regular Operation
OTHER Unearned Income
TOTAL CONTINUING EDUCATION INCOME
c . AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Candler Clark Howell Law Graduate Lucy Cobb Mary Lyndon Milledge Myers Hall Payne Hall

General
Tnm m e

Re stricted
Incom e

Total

$ 121,431.47 $ 108,063.01 24,238.00 33,761.76
13,477.25 49,029.04
4,177.00 35,937.50 13,080.00 30,989.50
1.921.86 3" 4 3 6 ,1 0 6 .3 9 $

$ 121,431.47 108,063.01 24,238.00 33,761.76 13,477.25 49,029.04
4,177.00 35,937.50 13,080.00 30,989.50
1,921.86 $ 436,106.39

$

$ 47,500.00 $ 47,500.00

26,176.23

26,176.23

13.200.00

13.200.00

$

$ 86,876.23 $

86,876.23

$ 249,621.98 $ 277.86
23,690.58 239.666.86 $ 513.257.28 $

$ 249,621.98 277.86
23,690.58 239.666.86 $ 513.257.28

$ 268,000.00 $

$ 268,000.00

2.787.50 $1,. 2 2 0 ,1 5 1 .1 7

$ 86,876.23

2.787.50 $ :1 , 3 0 7 , 0 2 7 . 4 0

$ 36,793.00 $ 29,607.71 13,144.64 41,357.00 40,085.69 17,549.16 35,610.15 30,694.50
121,801.90 47,684.40

$

36,793.00

29,607.71

13,144.64

41,357.00

40,085.69

17,549.16

35,610.15

30,694.50

121,801.90

47,684.40

73

UNIVERSITY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued)

General Income

C . AUXILIARY ENTERPRISES (Cont'd) DORMITORIES (Cont'd) T. W . Reed Hall Rutherford Small Dorms Soule Veterans Housing TOTAL DORMITORIES

$ 115,845.30 40,147.93 647.00 35,513.53 88,826.32
$ 695,308.23

DINING HALLS Payne Snelling Memorial Cafeteria TOTAL DINING HALLS

$ 82,464.29 239,285.69 297,440.44
$ 619,190.42

OTHER Printing Department Student Center Student Health University Stores TOTAL OTHER
TOTAL INCOME

$ 159,084.64
7,056.39 122,001.66 605.887.92
$ 894,030.61
$2,208,529.26

Transfer from Agency (For Student Center) Transfer from Agency (Phi Delta Theta) Unearned Income (Net) Dormitory Deposits

16,000.00 1,500.00
27,630.13 9.850.00

TOTAL AUXILIARY ENTERPRISES

$2,263,509.39

D . STUDENT AID

ENDOWMENT

Advancement Art Fund

$

Black Carey Fund

W . J . Bryan Fund

J . B. Connally Fund

Rebecca Felton

Franklin, George R.

John C . Harris Fund

Sallie Maude Jones

George D . Kitzinger Fund

Dan McDougald Award

Hamilton McWhorter

Is s a c Meinherd Fund

Neil Reid Memorial Fund

H. B. Russell

C e c il W illco x Fund

Cecil W illcox Prize

Restricted Income
$
$
$
$
$
$
$
$
807.32 708.56
8.14 62.31 61.86 2,010.51 39.00 2,015.00 318.20 495.55 15.90 34.50 1,000.00 50.00 195.00 74.00

Total

$ 115,845.30 40,147.93 647.00 35,513.53 88,826.32
$ 695.308.23

$

82,464.29

239,285.69

297,440.44

$ 619,190.42

$ 159,084.64
7,056.39 122,001.66 605,887.92
$ 894,030.61
$ 2,208,529.26
16,000.00 1,500.00
27,630.13 9,850.00
$ 2,263,509.39

$

807.32

708.56

8.14

62.31

61.86

2,010.51

39.00

2,015.00

318.20

495.55

15.90

34.50

1,000.00

50.00

195.00 74.00

74

> \m * <J
/
pM A*

*1
pi*fuAftb
AI

V
A ft rj i
}

)

1
f

AA
H-4

M
V 4
V1

*
'w Lia-
>| ft
:I
jgk a *>4 >

PB
t
A* y| i j M A& i*r+ -
AT
Mm
A * rS
i s *
) I9 AM ><*4 *
M v'9
Lf jplfr i l f
/f *9
o m
9 ^*a *.
4 >4
14- J
J ft fyiir
ff
u j*

UNIVERSITY OF GEORGIA

Schedule B. (Continued)

STATEMENT OF CURRENT INCOME (Continued)

D . STUDENT AID (Cont'd) ENDOWMENT (Cont'd) A. F . Churchill - Scholarship E. G. Dawson - Scholarship Joseph R. Lamar - Scholarship T. E. Mitchell - Scholarship T. E. Mitchell-Coor.-Scholarship Michael Award-Univ. of Ga. Found. Michael Bert - Univ. of G a . Found. Murray, Inez Peabody, George F. Mary Rosenblatt-for Art Stoddard - Sutton Wilson-Univ. of Ga. Found. Lamar Trotti-Scholarship Fattig - University Foundation University of Georgia Foundation TOTAL ENDOWMENT
GIFTS & GRANTS American Business Club Air Force Aid Society Albany High School Key Club Athens Area Ind. Management Atlanta Civitan Club Atlanta Cotton Association Atlanta Fed. Savings Schol. Atlanta Newspapers Atlanta Woman's Pan. Assoc. Albany Woman's Club BAP Foundation of Texas Barwick, E. T. Funds J. Bernstein Bankers Fidelity Life Ins. Blue Key-Scholarship Borden Co. - Home Economics Boswell Found. -Griffin Bulloch - Merriweather Callaway Educ. Scholarship Callaway, F. E. Chemstrand Corp. Cobb Educ. Fund - Ty Colonial Dames of America Comer, Hugh M. Dairy Schol. - Various Delta Air Lines Downing, Georgia S. U/W-Nix Drama Scholarship Elks National Foundation Cooper, Wm. U/W

General Income $
$ $
V,

Restricted Income

Total

$

1,170.00 $

3,406.00

1,500.00

2,730.00

2,938.00

1,000.00

25.50

300.00

14.00

1,060.12

100.00

100.00

357.10

195.00

5.000.00

$ 27.791.57 $

1,170.00 3,406.00 1,500.00 2,730.00 2,938.00 1,000.00
25.50 300.00
14.00 1,060.12
100.00
100.00 357.10 195.00 5,000.00 27,791.57

$

200.00 $

2,044.00

100.00

200.00

1,600.00

500.00

585.00

195.00

180.00

400.00

100.00

2,500.00

65.00

750.00

100.00

1,500.00

1,200.00

200.00

750.00

225.00

1,000.00

2,400.00

250.00

1,000.00

4,340.00

600.00

131.77

150.00

525.00

1,225.00

200.00 2,044.00
100.00 200.00 1,600.00 500.00 585.00 195.00 18Q.00 400.00 100.00 2,500.00
65.00 750.00 100.00 1,500.00 1,200.00 200.00 750.00 225.00 1,000.00 2,400.00 250.00 1,000.00 4,340.00 600.00 131.77 150.00 525.00 1,225.00

75

Schedule B (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF CURRENT INCOME (Continued)

D . STUDENT AID (Cont'd) GIFTS & GRANTS (Cont'd) EMPL Scholarships Franklin, Mr. & Mrs. John L. Forestry Schol. - For Earl Jenkins Mem. Fort Lauderdale High School Ga ir-Wood la nds Garden Clubs Georgia-Scholarship Georgia Alumni Fund Georgia Council Farm Coop. Georgia Federal Womans Club Georgia Rotary Student, Inc. Georgia State Educ. Scholarship Georgia Student Educ. Fund General Motors Corp. Georgia Voluntary Technical Plan Goldberg Memorial Fund Hallmark Cards Hanna Mfg. Co. Home Economics - Dean Homelite Corp. - Schol. Howard Paper Icetex Vet. IFC Scholarship Inland Container Camp International Mineral Jo nes, Harrison - Hunt Kappa Sigma Knox Foundation Kroger Grocery Co. - Schol. Kroger D istrict Educ. - Schol. Leroy Spring C o . - I n c . Ledger, Enq. Loeb Farm Sch. for Jewish Child. Loridons, Chas. - for Gaye Lustre Craft - Wait Macon Telegraph Mortor Board Scholarship Medford, Earl N.A.E.A. - Scholarship Miller High School N .A .S .S . Prin. Scholarship National Merit Scholarship N . S .F . Fellowship O. A.S. Scholarship Odille Ousley Scholarship Claude Purcell Pilot Club International Poultry Scholarship (Various)
R .S.A .M .A . Club Scholarship Kelemen Foundation - Fader

General

Restricted

Income _____ Income_____________ Total

133.33 $ 6,000.00
100.00 200.00 4,950.00 600.00 1,365.00 500.00 600.00 2,990.00 1,100.00 122.00 4,635.00 3,262.55 390.00 400.00 130.00 200.00 500.00 1,170.00 390.53 295.00 500.00 600.00 200.00 100.00 400.00 1,000.00 500.00 350.00 65.00 1,001.67 600.00 100.00 500.00 195.00 200.00 600.00 100.00 1,750.00 750.00 14,170.90 483.00 1,800.00 200.00 962.00 1,700.00 1,633.32 500.00

133.33 6,000.00
100.00 200.00 4,950.00 600.00
1,365.00 500.00 600.00
2,990.00 1,100.00
122.00 4,635.00 3,262.55
390.00 400.00 130.00 200.00 500.00 1,170.00 390.53
295.00 500.00 600.00 200.00 100.00 400.00 1,000.00 500.00 350.00
65.00 1,001.67
600.00 100.00 500.00 195.00 200.00 600.00 100.00 1,750.00 750.00 14,170.90 483.00 1,800.00 200.00 962.00 1,700.00 1,633.32 500.00

76

V
>% )
v3
k*

UNIVERSITY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued)
STUDENT AID (Cont'd) GIFTS & GRANTS (Cont'd)
Rayonier Found. - Forestry Ralston Purina Scholarship Regional High School P .T .A . Richardson, L. Co. Rogers, E. T. - Smith Seafarer - Welfare Sears-Roebuck Award Sears-Roebuck - Agriculture Sears-Roebuck - Home Economics S . E . Georgia Ford Tractor Sewell Mfg. Co. Southern Maid (Jax Paper) Southern I .E . A . - McArthur S . C . Regional Board E. R. Squibbs Sons S . E . Fair Assoc. St. Regis Scholarship Sylvester High School Student Act. - Orchestra Texaco Scholarship U .D .C . Georgia Division Union Bag. Company Various Sources - Music Vincent, Eleanor F. Various Sources - Pharmacy W est Virginia Garden Club W icke, Joanne C. Winn-Dixie Stores Zeta Tau Alpha Z Club Schol.
TOTAL GIFTS & GRANTS
TOTAL STUDENT AID
TOTAL CURRENT RECEIPTS

General Income

Restricted Income

$

$

1________________

1,500.00 500.00 500.00 495.00 450.00 453.00 462.93 238.33 800.00
2,400.00 900.00
1,560.00
3 a o .o o
1,800.00 600.00 300.00
1,600.00 50.00
1,650.00 950.00 200.00
2,985.00 178.36 125.00
4,610.00 666.66 85.00 250.00 200.00 251.00
113.070.35

$________________

140,861.92

$ 9 .9 0 4 .7 9 6 .0 4 $2 .0 0 8 .5 9 0 .2 6

Total

$

1,500.00

500.00

500.00

495.00

450.00

453.00

462.93

238.33

800.00

2,400.00

900.00

1,560.00

300.00

1,800.00

600.00

300.00

1,600.00

50.00

1,650.00

950.00

200.00

2,985.00

178.36

125.00

4,610.00

666.66

85.00

250.00

200.00

251.00

$ 113,070.35

$ 140,861.92

$11 .9 1 3 .3 8 6 .3 0

77

UNIVERSITY OF GEORGIA

Schedule C.

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

____________________________ _______________________ O bject C la s s ifica tio n __________

Salaries

Operating

Fund C la s s ifica tio n _______

and

Supplies

General

Restricted

Wages

and Expense Equipment

EDUCATIONAL & GENERAL

ADMINISTRATIVE & GENERAL

General Administration

Accounting Office

$ 63,930.59 $

Comptroller's Office

53,076.66

$ 53,332.92 $ 50,795.16

8,451.63 $ 2,146.04

1,781.50

500.00

President's Office Statistical Bureau TOTAL GEN. ADMIN.

40,570.34 29.905.75 187,483.34 $

38,073.53 29.124.21 $ 171.325.82 $

2,426.26

70.55

594.54

187.00

13,253.93 $ 2,903.59

Staff Benefits

Group Life I n s .

$ 13,427.24 $

$ 13,427.24 $

$

Hospitalization In s.

3,238.55

3,238.55

Workmans Comp.

9,268.21

9,268.21

Retirement Contributions

414.41

414.41

Social Security

88,173.23

88,173.23

Retirement Supplements 2 4 ,5 3 3 .2 0

24,533.20

TOTAL STAFF BENEFITS $ 1 3 9 . 0 5 4 . 8 4 $

$ 139.054.84 $

$

General Institution Alumni Office General Expense Public Relations TOTAL GEN. INST.

$ 16,499.68 $ 61,221.86 38.375.80
$ 116,097.34 $

$ 16,499.68 $

$

60,721.86

32.299.92

5.958.88

$ 48.799.60 $ 66,680.74 ?

500.00 117.00 617.00

Student Welfare

Admissions

$

Dean of Students

Dean of Men

Dean of Women

Dir. Student Activities

Placement

Registrar

Guidance Center

Veterans Division

Texas Co.-Placement
TOTAL STUDENT WEL. $

51,570.11 $
27,323.04 30,264.40 27,898.58 14,605.95 20,373.83 62,221.68 38,855.91
5,445.75
278.559.25 J -

TOTAL ADMIN. &GENERAL $ 7 2 1 . 1 9 4 . 7 7 JL

$ 27,736.12 $

200.00

25,849.92

28,920.40

26,651.94

13,281.22

18,216.98

50,397.73

27,794,40

5,146.03

250.00

450.00

223.994.74 $

12,054.33 1,623.12 1,050.00 936.74 684.73 1,199.35
10,983.95 5,194.55 299.72 250.00
34,276.49

$ 11,779.66
50.00 294.00 309.90 640.00 957.50 840.00 5,866.96
$ 20.738.02

450.00 $ 583,175.00 $ 114,211.16 $ 24,258.61

PHYSICAL PLANT General Operations Grounds Janitors
Repairs

$ 357,876,57 $
97,149.31
232,536.33 185.905.91

7,150.00

$ 38,317.61
63,962.18 204,292.22
89.786.61

$ 317,224.98
28,043.26 21,819.73 95,254.18

$ 9,483.98
5,143.87
6,424.38 865.12

TOTAL PHYSICAL PLANT

873.468.12 ?

7.150.00

396.358.62

462.342.15 $ 21.917.35

78

s I ' *1 * j*
J fV *A ii
>4 >>
A -
Ps
i** 4 * 'r -* > t A
>t
i1
A
%4
/4
k
;V> jH
>i 4* vi W
tk %>* y
1

>
f ill
X
>4 u
y Jm #w
it fi hA >(*,>*
*. i f ^^ VI
/A
,v> JB&
A
> "
|
4*
A

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ifica tio n

General

Re stricted

Salaries and
Wages

Object Classification Operating Supplies
and Expense Ecmipment

A. EDUCATIONAL & GENERAL (Cont'd)

LIBRARIES Alumni Endowment General
Little, Ila Dunlap Math Books McKamy, D. K.

$

$

401,325.04

2,589.49 $

$

242,443.73

6,116.58 1,400.16
350.00

350.00

12,652.80

$ 2,589.49 ( 1,871.55 (144,356.96
6,116.58
1,400.16

TOTAL LIBRARIES

$ 401.325.04 $ 10.456.23 $ 242.793.73 $ 12.652.80 $156.334.74

INSTRUCTION

Dean of Faculties

$

Inst, of Statistics

College of Agriculture

Dean's Office

Ag.Economics

Ag. Engineering

Agronomy

Animal Husbandry

Dairy

Food Technology

Horticulture

Landscape Arch.

Plant Pathology

Poultry

AEC Agriculture

Extension Training

Arts & Scien ces

Dean's Office

Art

Art GEB

Bacteriology

Botany

Chemistry

Classics

English

Entomology

Geography & Geology

History

Mathematics

Modern Language

Music NSF Institute-W estfall

60-61

NSF Institute-W estfall

59-60

32,220.36 $ 12,268.77
35,961.16 20,906.02 44,800.17 30,603.55 30,186.99 19,782.09 24,588.55 10,406.13 36,334.11 26,982.80 16,147.08
37,424.18 91,980.30 10,344.36 27,713.13 49,639.47 125,543.35 13,470.03 164,255.76 15,738.88 68,750.45 61,166.32 68,246.63 98,573.45 92,271.6-6

$
4,000.00 6,800.00 6,350.00 8,200.00 6,700.00
6,700.00
4,100.00 300.00
2,515.00
1,000.00 23,199.74
1,250.00 3,100.00 5,650.00
5,540.00
2,850.00 1,800.00 5,100.00 2,880.00
2,228.75
226,248.62

28,035.59 $ 4,008.23
30,233.26 23,623.60 45,181.79 32,849.00 35,752.60 23,314.22 18,658.55 16,076.97 33,756.80 20,233.96 16,977.12
2,515.00
31,449.92 89,513.08 23,199.74 25,349.88 49,149.63 102,749.97 13,324.92 168,528.42 13,042.80 66,648.21 62,665.98 72,999.69 98,437.08 89,907.50
223,520.33

2,111.51 $ 2,073.26

197.99

8,062.55

4,486.44 422.28
2,181.97 1,262.59
770.00 1,212.06 1,551.74
396.96 1,312.79
610.06 700.00

1,241.46 860.14
4,236.41 2,841.96 1,864.39 1,955.81 4,378.26
632.20 1,264.52 6,138.78 2,569.96
300.00

4,815.26 2,694.22 3,216.87 1,213.68 2,349.60 19,860.13
99.29 882.75 710.54 2,889.44 300.34 346.94 835.17 1,470.01
2,228.75
2,728.29

1,159.00 773.00
7,127.49 2,399.57 1,240.24 8,583.25
45.82 384.59 1,985.54 2,062.80
2,181.20 894.15

79

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

Genera 1

Re stricted

EDUCATIONAL & GENERAL (Cont'd)

INSTRUCTION (Cont'd)

Arts & S cien ces (Cont'd) Philosophy & Religion $ 20 ,0 2 4 .1 7 $

Physics Political Science

65,897.30 56,442.30

Psychology Sociology Speech & Drama Zoology

58,355.49 61,111.40 53,544.97 78,643.41

AEC Arts & S cie n ce s Business Administration 2 6 4 ,8 0 2 .9 7

Education

Emory G a . Fund

Atlanta Area T c h . Trng. 1 1 , 5 9 9 . 9 0

Ford F ou nd .-F oreig n Stu

General

168,899.75

Lucas Fund Physical Educ.

109,438.39

Prog. Except. Child. Tch.Training Ag. Tch. Training-Home Ec.

36,812.81 21,162.99 10,055.64

Trades & Industries

Forestry

80,867.23

Forestry Trust Co.of Ga.

Graduate

106,166.61

Graduate Sch.GEB

Home Economics

130,640.37

Journalism Law School Military Science Pharmacy

85,981.66 92,838.74
9,605.46 116,454.75

Summer Quarter

235,852.35

NSF Summer McGhee

NSF Summer S c h . -Whitehead

U . S . Summer - Jordan

NSF -W hitehead-Tchg.

NSF - Whitehead-Students

Veternary Medicine Dean's Office

23,271.54

Anatomy & Histology

17,878.70

Clinics & Medicine Hygiene

64,668.17 35,717.69

Pathology Physiology

33,705.23 30,416.31

$ 4,000.00 5,400.00
500.00 4,524.28
5,950.00 10,915.05
3,600.00
6,092.31 8,000.00
166.72 3,600.00 2,341.89
285.00 2,000.00 38,742.67 20,318.26 13,642.29 8,500.00
22.42
23,490.86 2,800.00
1,250.00
3,200.00
19,961.15 44,115.20 77,999.33 33,876.83
2,850.80
12,000.00 91,000.00 11,200.00 10,000.00
8,000.00

Salaries and Wages

O bject C la s s ifica tio n ___________ Operating Supplies
and Expense Equipment

19,699.80 $ 56,868.95 61,206.60 56,343.69 63,735.63 51,349.80 71,349.18
234,370.39
3,299.80 19,599.90
166.72 159,855.25
102,329.16 34,350.23 51,687.19 27,150.26 10,051.17 81,137.90
104,746.51 3,590.00
117,418.34 49,784.74 88,722.55 7,199.96 99,216.58
232,556.57 19,294.60 43,588.65 72,883.42 33,524.52 2,697.80
20,889.84 27,412.35 107,467.95 42,455.85 39,789.85 35,999.84

129.37 2,723.70
390.70 2,249.53
716.70 972.91 5,922.54 643.91 8,121.51

$

195.00

10,304.65

245.00

262.27

1,183.35

1,222.26

7,321.69

10,271.14

25,911.07

2,792.51

6,977.01 207.20
5,093.43 2,348.90 8,218.47 3,223.64 3,151.12 4,974.01
22.42 1,375.15 4,923.91 9,482.48 5,851.87 4,715.94 1,641.84 12,670.54 3,295.78
666.55 526.55 4,883.11 352.31 153.00
1,856.70 1,441.85 41,345.20 2,914.32 2,645.58 1,321.97

5,667.49 2,134.69 2,300.80 2,113.68
440.00 3,255.32
44.95 14,976.95
6,539.55 30,345.05
650.25 763.66 7,767.63
232.80
525.00 1,024.50 5,961.02 2,441.52 1,269.80 1,094.50


> *1 f IW
-il
MA vi
> mm
f >t -/-, --*
4
4
M
V'-
m4 I
>*
Ll
rW
1
1
yk

1
S Hf !
;
. " A 4[. >
A -
>J > ; -f * x
4 1
'7
&<% p^*
W
Vf
V*j
Il 7
* 4 h . wf f.l
>1
kA
*if I *

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

General

Restricted

EDUCATIONAL & GENERAL (Cont'd)

INSTRUCTION (Cont'd)

AEC Pharmacy

$

NSF-In Service Inst.

NSF-McRorie-Tchg.

N at. D ef. Educ. -King

$

310.86 $

50.00

4,567.60

17.698.89

Salaries and
Wages

Object Classification Operating Supplies
and Expense Equipment

$
4,567.60 17.231.00

$ 50.00
467.89

310.86

TOTAL INSTRUCTION

$3,347,162.05 $ 829,484.52 $3,737,293.98 $ 225.319.79 $214,032.80

ORG. ACT. RELATED Demonstration Sch.

$ 45,774.41 $

$ 36,749.55 $

8,766.96 $

257.90

TOTAL ACTIV. RELATED

$ 45.774.41 $

$ 36,749.55 $

8,766.96 $

257.90

RESEARCH

Atlantic Steel

$

Army Ordnance-Math

Air Force-Bowers

Air Force-C ooper

Air F o r c e -G a s s e s

Atomic Energy-Sav.

Air Force Peacock

AEC Sears

Also - Sessoms

Bureau Bus. R sch .

19,909.92

Bureau Pub.Admin.

2,362.24

Canine Parisitology

Comer Research

Cricket Mortality

Deer Disease

General

393,778.55

Massengill-McClung

Marine Biology

N ix-O -M ite (Termite-Lund)

N at. Coun. Stream Imp.,-S c o tt

NSF - Byrd

NDEA - Oliver

NSF Clark

NSF-Bacteriology

NSF-Cormier

NSF-Biochemistry

NSF-Curtis

NSF-Brahana

NSF-Eagon

NSF-Amphibians

NSF-Fort

NSF-Lamb

NSF- Marsh Grasses

$

2,053.04 $

4,653.24

3,195.40

7,516.85

9,822.19

16,609.67

491.65

9,133.98

18.75

3,500.00

16,597.69 7,836.66 199.17
23,657.38 8,000.00 43.14
60,897.40 114.46
7,000.68 n 3,782.20
11,117.23 4,205.60 2,056.88
11,042.58 14,879.44
346.79 2,207.81 1,771.72 1,890.25 5,503.25 2,733.80
6,048.83

1,800.00 $ 3,830.00 2,361.04 5,159.50 6,284.35 12,300.00
472.00 8,112.30
21,491.96 1,666.98 6,434.00 4,999.95 165.00
14,123.11 316,678.01
35,989.64
6,000.00 2,700.00 10,071.87 3,947.50 1,700.00 9,307.56
2,163.26 1,200.00
601.00 5,250.00
180.00 5,400.00

253.04 823.24 509.36 2,357.35 1,101.2 2 3,275.19
19.65 1,021.68
18.75 1,877.49
695.26 3,346.97 2,836.71
34.17 5,342.69 30,398.58
43,14 19,554.99
767.38 567.68 1,045.36 258.10 356.88 947.24
189.53 44.55
571.72 655.33 253.25 126.80 648.83

$ 325.00
2,436.62 1,034.48
40.47 6,816.72
4,191.58 54,701.96
5,352.77 114.46 233.30 514.52
787.78 14,879.44
157.26
633.92 2,427.00

81

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la ssific a tio n

General

Restricted

-

EDUCATIONAL & GENERAL (Cont'd) RESEARCH (Cont'd)
NSF Migratory Birds $ NSF Martof NSF McRorie-Equip. NSF Michel NSF-Nuclear Studies Equip. NSF - Payne -Equ ipment NSF-Light NSF - Pomeroy NSF-Schlee NSF-Teal NSF-Uronic Acids NSF -W hite hea d-W ater Nat. Vitamin-Clarke National Pest Control Petroleum - Heric Research Corp.-Clark Research Corp.-Curtis Research Corp.-Lamb Research Corp.-Fort Reynolds Coastal Islands Rockefellow Found-Parthemos SAB - McClung Sloan Found. -Fort USPH Blake Southern Appal. -Belcher USDA Charcoal USPH Chambliss USPH Cosgrove USPH Cleveland USPH Eagon USPH Hinton (Genetics) USPH Infectious D is e a s e USPH LaRocca USPH Kent USPH McClung USPH McGhee (Malaria) USPH Mental Retardation USPH Mental Retardation-Fellow. USPH Peacock

$

6,878.80 $

1,323.76

1,750.00

2,494.73

85,800.00

1,660.60

199.90

2,105.87

30.36

781.45

10,589.07

1,039.11

20.00

415.50

180.00

485.08

1,200.00

1,080.00

1,300.00

2,319.81

1,250.00

2,007.15

6,721.84

8,262.94

3,672.47

600.00

1,709.00

7,747.12

11,747.43

251.20

4,086.89

2,000.00

3,456.54

775.88

3,915.21

6,478.24

1,558.27

5,309.77

422.19

Salaries and
Wages

O bject C la s s ifica tio n ___________ Operating Supplies and Expense Equipment

5,332.00 $ 1,110.00
2,190.00
133.25 1,250.00
500.00 6,240.01
999.96
411.75 180.00 485.08 1,200.00 1,080.00 1,300.00 1,800.00 1,250.00 1,672.15 6,649.88 7,220.57 3,610.80 600.00 1,684.00 3,660.00 10,960.03 250.00 3,465.00 2,000.00 2,989.00
1,000.00 4,648.00 1,100.00 4,213.00

1,133.45 106.20
304.73
44.10 855.87
17.04 281.45 835.14
39.15
3.75

$ 413.35 107.56
1,750.00
85,800.00 1,660.60 22.55
13.32
3,513.92
20.00

519.81
335.00 71.96
953.87 61.67
25.00 593.12 742.35
1.20 251.01
467.54 10.03
1,121.85 1,743.74
458.27 1,096.77
205.79

88.50
3,494.00 45.05
370.88
765.85 1,793.36
86.50
216.40

TOTAL RESEARCH

$ 416.050.71 $ 442.553.91 $ 571.573.51 $ 92.221.99 $194,809.12

9 VI ;9 Aj
*4
[ 1

aVA i > ^A a 3i * &V f
v -i VA V4 H *1 n1 ,/*. k Uii
>ii
t k TJ
H

Schedule C (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

General

Re stricted

EDUCATIONAL & GENERAL (Cont'd)

EXTENSION & PUBLIC SERVICE

Agriculture

Ag. Educ. Rel.

$

Milk Control

$ 29,162.47 $ 1,773.66

Short Course

4,565.31

Landscape Vietnam-Cambodia Dairy Judging Education

1,457.33 9,223.13
200.00

Allstate Foundation

(--) 2 0 0 .0 0

Allstate Found.-Spec. Cerebral Palsy-Spec. Coop. Prog. Elem. Ed.

60.27 1,809.87 (-H 22.46

Family Finance

13,705.22

Field Service General Mills

34,889.45

1,100.00 21.53

In-Service Educ. Kellogg 1959-60 Mental Health Surveys Voc.-Speech Cor. Voc. Rehab. -Hearing Consultative Services V oc. Rehab. -Adult C ouns. Voc.Rehab.-Bus.Admin. Other

264.25

1,758.44 3,641.61 9,499.07 2,008.55 1,955.98 4,427.94 3,809.85 3,488.80 1,946.77

Archaeology

4, 300.00

Jefferson Mills-Art

50.00

Art Museum

9,587.87

Carnegie Corp.-Art G a . Power C o . -A rch. Inst.Law & Govt. Literary Quarterly

45,285.19 12.513.59

427.00 2,040.84
500.00

NPS Oliver Basin NPS W alter George NPS Hartwell Dam Southeastern Handbook Univ. Press

45,295.72

19.29 21,101.35
2,710.61 766.00 500.00

Wildlife Conservation Univ. Press-Ford Found. Wormsloe Found.-Press Univ .of G a . Found. -Wilson

6,012.00 5,304.10 1,012.45 5,278.32

Oklahama Univ.-Hood General Elec.-Bus.Admin. Religion on Campus

2,567.00 2,390.00
226.90

Salaries and
Wages

Object Classification Operating Supplie s
and Expense Equipment

18,814.92 $
100.00 4,199.98
(--) 2 0 0 .0 0
857.50 56.00
9,735.11 34,586.76
2,831.94 8,757.20
11.15 1,071.00 3,738.82 3,809.85 3,340.83
3,000.00 50.00
7,196.62
1,614.00 35,609.52
7,631.38
17,292.53 1,867.00
18,342.93 4,131.50
2,567.00 150.00

10,066.70 $ 1,773.66 4,565.31 1,357.33 5,023.15 200.00

280.

60.27 952.37 (-) 178.46 3,970.11 1,402.69
21.53 2,022.69
809.67 741.87 1,997.40 884.98 689.12
147.97 1,946.77
1,300.00
1,670.52 427.00 426.84
9,586.33 4,882.21
19.29 3,486.80
748.32 766.00 27,177.79 1,800.50 5,304.10 1,012.45 5,278.32
226.90

720.7
589.3
322.0 95.2
275.0 80.0
2,240.0

83

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

General

Restricted

EDUCATIONAL & GENERAL (Cont'd)

EXTENSION & PUBLIC SERVICE (Cont'd)

Other (Continued)

Fund for Community Leadership $
Small Bus.-Bus.Admin.

$

925.25 $

41.86

Salaries and
Wages

Object Classification Operating Supplies
and Expense Equipment

897.00 $

28.25 41.86

TOTAL EXT. & PUB.SERV. $ 1 5 6 , 7 0 1 . 3 8 $ 1 4 2 , 6 0 1 . 0 0 $ 1 9 2 , 0 6 0 , 5 4 $ 1 0 2 .6 3 8 . 6 1 $ 4 . 6 0 3 . 2 3

TOTAL EDUC. & GENERAL $ 5 . 9 6 1 , 6 7 6 . 4 8

Refund-Prior Y rs.In c. $

Transfers:

To Gen .-Contract Overhead

To Plant Funds

114,918.00

To Restricted

2,880.00

$1 . 4 3 2 . 6 9 5 . 6 6 $ 17,651.34
32,450.75
64,178.00

$5,760.004.93

$1.018.153.46

$616,213.75

TOTAL EDUC. & GENERAL

$6,079,474.48 $1,546,975.75

84

* A
f- I
>* I f
4
> Aw 4 Ik
*p fk
<
j4
A- # k
V4 1 ' *4
VK H' Iy
/ili
9
A, II>f
>|
VJ
J* ' M ft ^ S^
11

*> *
i-M'
A
P JA
A ll
|m i > 4
* 1 *1 1 to
' 3 | ph N
- v H
y fli
iV, 1
il A 1J1
It
{
I
n
iv I#
11

UNIVERS TY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

B. CONTINUING EDUCATION ADMINISTRATIVE Admin. Managerial Employees Welfare

_______ Fund C la s s ifica tio n _______

General

Restricted

Salaries and
Wages

Object Classification Operating Supplies
and Expense E<guipment

$ 32,076.37 $ 42,786.12
14.737.37

$ 26,519.80 $ 39,677.37 14,737.37

5,556.57 $ 3,108.75

TOTAL ADMINISTRATIVE

$ 89,599.86 $

$ 80,934.54 $ 8.665.32 $

PLANT OPERATIONS

$ 25.492.67 $

$ 10.699.62 $ 14.112.05 $

681.00

INSTRUCTION

Adult Educ. -Grant Albany Center

$

$

26,826.91

Gainesville Center

9,680.14

Instruction

17,515.17

Marietta Center

36,215.81

Rome Center

17,258.14

Tri Regional Workshop

Waycross Center

29,821.44

USPH Teach .A sst. TOTAL INSTRUCTION

$ 137.317.61 $

EXTENSION & PUBLIC SERVICE

Admin.Management Conf. -

Forestry$

$

Communication

151,550.06

Conferences & Short

Courses 114,565.68

Evaluation

15,100.27

Extension

95,346.07

Food Service

238,689.10

Gift Shop

25,682.56

Home Study

37,401.65

HEW Media Room Service

162.740.06

29,123.32 $ 17,897.73 $

24,422.51

8,397.00

13,264.55

34,577.76

14,759.96

26,109.97

12,445.38

27,709.80

1.500.06

750.00

56,733.35 $ 154,224.69 $

11,225.59 2,404.40 1,283.14 3,281.22 1,638.05 2,498.18
13,664.59 2,111.64 750.06
38,856.87 $

969.40 969.40

2,500.00 $

2,500.00 $

110,622.37

$

29,195.65

11,732.04

4,666.19

98,397.31 12,572.46
85,979.46 98,012.76
4,699.92 29,581.88
4,491.09 78.930.76

15,903.74 2,527.81 9,366.61
135,018.52 20,982.64 7,819.77 175.10 83.185.40

264.63 5,657.82
623.90

TOTAL EXTENSION & PUB.SERV. $ 8 4 1 . 0 7 5 . 4 5 ?

7.166.19 $ 525.788.01 ? 304,175.24 $ 18.278.39

TOTAL EXPENDITURES

$1 . 0 9 3 . 4 8 5 . 5 9 $ 6 3 , 8 9 9 . 5 4 $ 7 7 1 , 6 4 6 . 8 6 $ 3 6 5 . 8 0 9 . 4 8 $ 1 9 , 9 2 8 . 7 9

T.V. Deposit TOTAL CONT. EDUC.

$

4.800.00

$1 . 0 9 8 . 2 8 5 . 5 9 $

63.899.54

85

UNIVERSITY OF GEORGIA

Schedule C (Continued) STATEMENT OF CURRENT EXPENDITURES (Continued)

C . AUXILIARY ENTERPRISES DORMITORIES Barracks Brown Candler Hall Clark Howell Law Graduate Lucy Cobb Mary Lyndon Milledge Myers Hall Payne Hall T .W . Reed Hall Rutherford Small Dorms Soule Veterans Housing
TOTAL DORMITORIES

Fund C la s s ific a tio n

Ge nera 1

Re stricted

$ 14,614.57 $ 19,889.77 9,152.71 17,967.28 14,397.23 12,550.69 13,831.73 20,143.13 53,144.54 16,464.90 48,226.43 15,397.81 920.23 15,781.69 58.413.02
$ 330.895.73 $

Salaries and
Wages

Object Classification Operating Supplies
and Expense Eauioment

$

5,560.00 $

8,477.52 $

577.05

8,174.32

11,537.39

178.06

4,458.60

4,452.50

241.61

7,452.00

9,846.03

669.25

7,391.10

7,006.13

6,199.92

6,230.94

119.83

6,187.40

6,644.33

1,000.00

8,374.21

11,616.41

152.51

24,245.97

27,804.96

1,093.61

6,999.04

9,465.86

21,507.60

26,364.31

354.52

5,865.50

9,385.41

146.90

920.23

6,686.40

9,027.44

67.85

21.779.10

30.377.12

6.256.80

$ 140.881.16 $ 179.156.58 $ 10.857.99

DINING HALLS Memorial Cafeteria Payne Snelling Hall
TOTAL DINING HALLS
GENERAL

$ 274,966.88 $ 70,393.70 169.544.64
$ 514,905.22 $
$ 41.406.03 $

$ 58,174.47 $ 213,228.74 $ 3,563.67

15,968.14

52,402.12

2,023.44

44.988.17

122,303.77

2.252.70

$ 119,130.78 $ 387,934.63 $ 7,839.81

$ 40.454.35 $

951.68

TOTAL DORMS & DINING HALLS

$ 8 8 7 . 2 0 6 . 9 8 _ i _____________

OTHER Printing Dept. University Stores Student Center Student Health

$ 137,459.80 $ 636,361.56 21,863.64
iU ^ , Jvil 1

TOTAL OTHER

$ 898,,187.,47 $

c00n

TOTAL AUXILIARY ENTERPRISES $1,

,394,

1f>

$

Transfer to Plant Funds $ Transfer to Stu. Center Unearned Income Transfer to Plant Funds

65,000.00 16,000.00
292.133.34

$ 300,466.29 $ 568.042.89 $ 18.697.80

$ 76,643.03 $ 73,617.40 10,721.14

57,608.48 $ 556,694.94
7,307.58

3,208.29 6,049.22

3,834.92

**

*v

$ 234,500.29 $ 648.968.62 $ 14.718.56

$ 5 3 4 .9 6 6 .5 8 $1,,2 1 7 .0 1 1 .5 1 $ 3 3 .4 1 6 .3 6

TOTAL AUXILIARY ENTERPRISES $ 2 , 1 5 8 , 5 2 7 . 7 9

86

7 : >1 >
4A in wl
I M i*
1M m
L1 y 1 1fc
* m
k
M
1 VSI
y

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

______________________ ____________________

Salaries

Fund C la s s ifica tio n

and

General

Restricted

Wages

D. STUDENT AID

Endowment Schol.

$

Scholarship s -Gift s

Institute Schol.

Awards Endowment

Nat. Defense - Fellow.

Awards Gifts

$ 21,850.54 107,480.64
5,200.00 1,360.20 1,261.50 2f 310.97

Object Classification Operating Supplies
and Expense Eauipment

TOTAL STUDENT AID

$ 5.200.00 $ 134.263.85

GRAND TOTAL

$9,341,487.86 $1,745,139,14

87

UNIVERSITY OF GEORGIA

Schedule D

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, I960

Balance Beginning Of Year

EDUCATIONAL & GENERAL

GOVERNMENTAL

State of Georgia

Voc. - Hearing

$

$

Voc.Cerebral Palsy -Speech Cor.B250.92

Voc.Rehab.Adult Educ.

Consultative Services

Voc. Education

Voc. Business Education Game & Fish Com.-W ildlife Dept, of Health-Mental

2,586.05 ( - ) 2 ,486.86

Dept. of Educ. -In Service

Milk Control Bd. -Short Course 2 ,0 2 7 .7 2

Other States Various (Deer Disease)

4,475.68

N .C.-Ag. Educ. Rel.

Ala. -Ag. Educ. Rel.

Tenn. -Ag. Educ. Rel. Various-Vet.Regional Coun.

61,000.00

M iss. -Ag. Educ. Rel.

S . C . -Ag.Educ. Rel.

United States

F .A. E . - Community Ld. (BA)

Ext.Fees Federal

Small Bus. Admin.

Air Force Bowers Army O rdn.-Math Test

(-) 1,004.66

Air Force - G a s e s

Air Force - Peacock

Morrill-Nelson

Nat.Defense Fellow. Atomic Energy-Sav. River

3,625.66

ICA - Vietnam-Cambodia Atomic Energy-Ag. Equip.

301.57

Atomic Energy-Cormier Atomic Energy-Arts & S c i. Atomic Energy-Sears

1,081.01 (-) 443.40

Atomic Energy-Pharmacy NSF-Byrd

3,230.85

NSF- Amphibians NSF - Clark

5,836.45

NSF - Bacteriology NSF - Cormier

4,439.96

NSF - Brahana NSF - Curtis

695.13

NSF - Biochemistry NSF - Eagon NSF - Fort
NSF - Martof NSF - Marsh G rasses

902.16 6,359.77
626.30 4,618.86

Income For Year
2,027.92 2,206.90 2,043.83 9,000.00 72,503.22 1,946.77 6,000.00 9,528.60 1,758.44
24,479.95 3,000.00 2,465.00 3,000.00
181,500.00 3,000.00 2,445.50
12,000.00 2,540.00
930.24 11,337.93
3,817.84
72,124.28 15,000.00 23,000.00 14,621.00 10,000.00
3,467.25 10,000.00 12,084.15 10,862.00
4,200.00 13,500.00
1,900.00 7,000.00 5,050.00 10,200.00
20,000.00 1,000.00
1,100.00 5,700.00

Expenditures For
Year
$ 4,427.94 1,955.98 3,488.80 3,809.85
72,503.22 1,946.77 6,012.00 9,499.07 1,758.44 1,773.66
23,657.38 3,000.00 2,465.00 3,000.00
128,000.00 3,000.00 2,445.50
925.25 2,515.00
41.86 3,195.40 4,653.24 9,822.19
491.65 72,124.28
1,261.50 16,609.67
9,223.13 300.00
10,915.05 9,133.98 310.86 3,782.20 1,890.25 4,205.60 2,056.88 11,042.58 2,207.81 346.79 14,879.44 1,771.72 5,503.25 1,323.76 6,048.83

Transfers

Balance End Of
Year

$ (-)2,400.02 (-)l, 444.97 5,190.15
2,574.05 ( - ) 2 ,457.33
254.06 5,298.25

6 1 , 0 0 0 . 0 0 (T)

53,500.00

25.00(0)
479.31(0) 641.79(0) 1,473.33(0)
73.75(0)

11,074.75
(--) 4 1 .8 6 (--) 2 , 7 4 4 . 4 7
5,038.24 ( - ) 7 ,477.68
(--) 5 6 5 .4 0

2,491.45(0) 420.00(0)
1,370.10(0)
82.70(0) 283.54(0) (-) 244.62(0) 308.53(0) 990.40(0) 331.17(0) 348.34(0)
130.44(0) 465.03(0) 402.54(0) 214.50(0)

13,738.50 7,524.54 4,977.87 10,001.57 3,467.25 165.96 1,136.67 10,551.14 3,565.95 11,326.21 3,775.47 4,634.59
(-)2, 543.02 7,661.02
5,120.56
391.49
4,055.53

m *
m
4 j-
I| | I
r
I! k
I i
I1
L i - a] ^
3
]
Al
> I**

y
> U
*
!1 | >] L

A
1 y

i
W



I

1

I

J

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF Offi RATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning of Year

Income For Year -

A. EDUCATIONAL & GENERAL (Cont' d)

GOVERNMENTAL (Cont'd)

United States (Cont'd)

NSF- Michael

$ 5,600.00 $

NSF-Howe

NSF-Math

NSF-McRorie

12,000.00

NSF-Migratory Birds

8,700.00 12,300.00
13,800.00

NSF-In Service Institute NSF-Nuclear NSF-Payne-Equip. NSF-Light NSF-Pomeroy

2,863.85

85,800.00 14,000.00 18,200.00 11,400.00

NSF-La mb NSF-Summer-McGhee NSF -McRorie -Teachers NSF- for Marine Equip. NSF-Summer-Whitehead

29,847.90 14,440.82

10,900.00
23,000.00 20,400.00 48,600.00

Expenditures For Year

$

2,494.73

1,750.00 6,878.80
50.00 85,800.00
1,660.60 199.90
2,105.87 2,733.80 19,961.15 4,567.60
44,115.20

NSF-Scott NSF-Schlee NSF-Salotti NSF-Teal NSF-Thomas NSF-Uronic Acids NSF-Whitehead-Students NSF -Whitehead -Tea cher s NSF-Whitehead-Water NSF -W e s t f a l l - 60 -6 1 NSF-Westfall-5 9-60 NDEA-Oliver NDEA-King NPS-Oliver Basin NPS-Hartwell Dam NPS-Walter F. George U-S. Air Force-C ooper
USDA Charcoal-Forestry US Office Ed.-Summer Jordan USPH-Chambliss USPH-Cosgrove USPH- Cle ve la nd USPH-Eagon USPH-Hinton USPH-Infectious Diseases USPH-LaRocca USPH-Kent USPH-McClung
USPH-Peacock

3,594.57 7,979.98
55,8 93.13
19.29 87.47 (-)6,876.40 (- ) 5 ,065.76 600.00 50,904.86 9,261.10 251.20 5,223.81 4,360.40 1,774.49

11,500.00 8,200.00 2,500.00 4,800.00 4,800.00 3,100.00
10,020.00 60,100.00
3,500.00 57,700.00 207,400.00 13,770.00 48,817.00
1,125.00 20,000.00
8,650.91
84,481.00 1,965.00 5,416.00
18,745.00
4,830.00 2,300.00
7,193.00 8,429.00 2,143.00

30.36
781.45
10,589.07 2,850.80
33,876.83 1,039.11 2,228.75
226,248.62 11,117.23 17,698.89 19.29 2,710.61 21,101.35 7,516.85 600.00 77,999.33 1,709.00 7,747.12 11,747.43 251.20 4,086.89 2,000.00 3,456.54 775.88 3,915.21 422.19

Transfers

Balance End of Year

$

374.21(0)$

1,031.82(0) 7.50(0)

2,731.06 8,700.00 12,300.00 10,250.00 5,889.38 (--) 5 7 .5 0

39.98(0) 397.03(0) 546.76(0) 9 , 8 8 6 . 7 5 (R) 685.14(0)
309.65(0) 5 , 3 3 6 . 8 7 (R)
6.07(0)
(--) 4 2 1 .9 7 (0)
865.95(0) 22.95(0) 75.35(0)
207.82(0) 334.31(0) 6,452.37(0) 1,667.59(0) 494.84(0)

12,339.40 17,960.12 11,760.95
7,619.44
17,747.26 20,400.00
13,279.10 11,500.00
8,163.57 2,500.00 8,035.09 4,800.00 H 375.04 7,146.25 26,147.82 2,253.07 55,136.94 30,592.14
985.18 30,623.27

271.06(0) 2,110.14(0) 1,127.53(0)

(-) 1 , 7 6 9 . 2 0
(- ) 1 0 ,087.89 ( - ) 5 ,059.23

7,485.38(0) 256.00(0)
i, 164.90(0) 1,762.11(0)

49,901.15
5,765.08 5,235.46

649.03(0) 300.00(0) 518.48(0) 116.38(0) 671.90(0)
63.33(0)

5,317.89
385.38 6,300.74 5,616.38 1,657.48

/ 89

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning of Year

Income For Year

A. EDUCATIONAL & GENERAL (Cont'd) GOVERNMENTAL (Cont'd)

United States (Cont'd)

USPH-McGhee-Malaria

$ 4,253.64 $

USPH-Mental Retardation

(-)2, 198.43

USPH-Mental Health Fellow

8,273.00 4,101.00 6,100.00

USPH-Blake Counties & Cities
For Surveys (Educational) Emory, G a . Fund

1,943.67 (--) 4 2 7 . 8 7

7,595.00
1,532.92 7.750.00

Expenditures For
Year

$

6,478.24

1,558.27

5,309.77

8,262.94

2,008.55 6.092.31

TOTAL GOVERNMENTAL

$293.953.05 $1,,502,277.65 $1,, 123,873.51

ENDOWMENT

Alumni Library-Books

$ 2,775.51 $

Alumni Y. M . C .A. -VRA

2,674.71

W .H. Bocock-Books

81.92

E. T. Comer-Bur.Bus.Rsch.

B .A .T .N . Denmark Maint.

2,918.10

Franklin College Research

4,010.68

Mary J. Franklin-Maint.

207.49

Walter J. Grace

92.50

George R. Gilmer-Maint.

618.16

Landscript-Maint.

435.89

Edmund Magers -G e n .P u rp .

13.73

Lamar, William P.

McKamy, David K. (Library)

1,102.82

George Foster Peabody-Law

169.47

Religion on Campus

607.92

Jennie Smith, M iss

10,513.66

Wm.Terrell - Chemistry

603.64

Un. of Ga. Found.-Atlantic Steel

Un. of Ga .Found.Press - Wilson

Un. of Ga. Found.-Lucas

1,487.38

Un. of G a. Found. -Salary Sup

444.18 408.96
9.30 7,699.26 1,541.56 8,602.64
115.93 46.25
583.24 5,685.88
3.50 1,608.40 1,685.87
632.31 2,775.11
841.41 3,000.00 5,500.00 1,000.00 54.855.00

$

2,589.49

200.00

7,699.26 1,400.00 8,000.00
100.00

400.00 5,250.00

350.00
226.90
650.00 2,053.04 5,278.32 2,341.89 54,855.00

TOTAL ENDOWMENT

28,313.58 $ 97,038.80 $ 91.393.90

GIFTS

All State Found. for D r. Trng. $ 7 0 0 .0 0 $

$ (--) 2 0 0 .0 0

All State Special

820.74

60.27

Anonymous CPFE P r o j.-F o r

Teachers Trng.

1,004.77

(--) 1 2 2 .4 6

Aslo Sessions

18.75

18.75

Callaway Found. -Publications 1,000.00

Carnegie Corp. for Art

732.15

427.00

Canine Rsch. - Hayes For Canine Parasite

18,835.00

16,597.69

Transfers

Balance End of Year

$ 1,371.63(0)$

4,676.77

233.74(0)

110.56

790.23

1,239.44(0) (-) 1,907.38

1,468.04 1,229.82

$118,949.34 $ 553.407.85

$

$

630.20

2,883.67

91.22

3,059.66 4,613.32
223.42 138.75 801.40 871.77
17.23 1,608.40 2,438.69
169.47 1,013.33 13,288.77
795.05 946.96 221.68 145.49

$

$ 33.958.48

$ 900.00(R)$
1,000.00(R) (-) 2. 6 3 9 .6 1 (t)
(-)338.97(T) 370 .00(0)

760.47 1,127.23
305.15 4,845.89

90

A
} A 4
K i '1
I
*1

Schedule D (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance

Income

Beginning

For

of Year

Year

EDUCATIONAL & GENERAL (Cont'd)

GIFTS (Cont'd)

Cricket Mortality

$

Dairy Judging

Burlington Ind.-For Equip.Tch.

Emory Univ.-Atlanta Area

Colonial Stores-Veg. Judging

$ 633.00 109.29

200.00 8,000.00

Ford Found.-Foreign Students Ford Found.-Press G . E . B . - F o r Art G . E . B. - For Grad. School

1,500.06 5,000.00 10,510.12 26,162.12

2,500.00 21,189.88

G en. E le c . C o . -Bus .Admin. Gen. Mill s -Nutrition

3,000.00 321.53

G a.Elec. Mem.-For Ag.Ed. G a . Power C o . for Ag. Ed. R e l. G a . Power C o . for Arch.

2,040.84

500.00 250.00

Inland Container Corp.-Forestry In s t.o f Life In s. (Family Fin.) Jefferson Mills-Art Kellogg For Educ. Landscape Arch. Little, Ilah, D. Estate Massengill-McClung

2,907.00
1,742.17
43.14

500.00 13,587.50
150.00 2,028.00 3,991.82 15,000.00

National Vitamin-Clark NCSI-Scott National Pest Control Oklahoma - Hood N ix -O -M a tic (Termite)

180.88 114.46

3,000.00 7,539,63
500.00 2,567.00

Petroleum Re s . F d . -Heric Polk M iller- Hayes

2,639.61

10,000.00

Research Corp.-Clark

485.08

Research Corp.-Curtis

1,200.00

Research Corp.-Lamb Research Corp.-Fort

1,300.00

2,000.00

SAB-McClung Sloan Foundation-Fort Reynolds, R.J.C oastal Islands

10,027.90 9,006.93

2,750.00
8,625.00 I

Reynolds, R .J.,M arine Biology 246,553.79

Rockefellow Found-Parthemos

1,250.00

358.00

Sears Roebuck-Ag.Ed.Rel.

Sou. Appalachian-Belcher

(-) 2 ,134.11

Sou. R eg . Ed. Bd. of Control-Ag. Ed

Tru st C o . of G a . =Fore stry

97.53

500.00 5,806.58 3,000.00

Texas Co. United Cerebral Palsy-Special

2,153.49

250.00

United Cerebral Palsy W/Shop

527.72

Upjohn Co. for Pharmacy

800.00

Va . A s s n . E l e c . Coop.Ag. Ed. R e l. Westinghouse F.A.E.

250.00 5,000.00

Expenditures For
Year

>

199.17

200.00

8,000.00

166.72 5,304.10 23,199.74 23,490.86 2,390.00
21.53 500.00 250.00 2,040.84

13,705.22 50.00
3,641.61 1,457.33 6,116.58
43.14 20.00 7,000.68 415.50 2,567.00 114.46 180.00

485.08 1,200.00 1,080.00 1,300.00 2,007.15 6,721.84 2,319.81 60,897.40 1,250.00
500.00 3,672.47 3,000.00
22.42 250.00 1,809.87

250.00

Transfers

Balance End of Year

$ (-)200.00(T)$

.83
633.00
109.29 1,333.34 2,195.90 8,500.26 2,671.26
610.00 300.00

700.07(0)

500.00 2,789.28
100.00 128.56 2,534.49 8,883.42
2,980.00 19.76 84.50

27.00(0) 2, 6 3 9 .6 1 (T)

9,793.00

804.09(0)

920.00
742.85 11,126.97
6,687.12 186,014.39

5 2 7 . 7 2 (R)

75.11 343.62 800.00 5,000.00

91

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning of Year

Income For Year

A. EDUCATIONAL & GENERAL (Cont'd)

GIFTS (Cont'd) Woodrow W ilson Fd. Wormsloe Found.-Books Wormsloe Found.-Un.Lib.

$ 2,000.00 $ 1,012.45

4,000.00 300.40
10.000.00

Expenditures For Year
$ 1,012.45

TOTAL GIFTS

$335,442.66 $ 153,197.56 $ 205.634.22

SALES & SERVICES

Southeast Resources Handbooks 2 ,9 3 4 .1 4 $

865.00 $

766.00

Ag.Educ. Relations

(-) 1,080.78

22,531.67

10,751.97

Math Books

5,870.73

1,400.16

Comer Research

(-) 138.51

1.522.46

137.40

TOTAL SALES & SERVICES

$ 7.585.58 $ 24,919.13 $ 13,055.53

OTHER SOURCES

Overhead Unused

$

$

$

TOTAL EDUC. & GENERAL

$665.294.87

B. STUDENT AID

ENDOWMENT-SCHOLARSHIPS

Advancement of Art Schol.

$

Black, Carey-Fund

A. F . C h u rch ill-Sch o l.

E .G . Dawson Schol.

Rebecca Felton Sch.

Franklin, Geo.R.

Jones, Sallie Maude,Miss

Lamar, Joseph R .-S c h o l.

Mitchell, T.E.-Schol.

Mitchell, T.E.-Coord.Sch.

Myers, Jennie B .-Sch .

Peabody, Geo. Foster

Phelps-Stokes Schol.

R osenblatt, Mary (For Art)

Reid, Neil-Memorial Landscape

Stoddard-Sutton Scholarship

Trotti, Lamar-Schol.

Tucker, F. C .-Schol.

Un. of Ga. Found.-Schol.

Wilcox Schol.

961.08
61.00 183.00
200.00 500.00
61.00 100.00
.01
322.08
358.92 61.00
5,600.00

$1,,7 7 7 ,4 3 3 .1 4

$

807.32

708.56

1,170.00

3,406.00

61.86

2,010.51

2,015.00

1,500.00

2,730.00

2,938.00

14.00

1,060.12 1,000.00
100.00 357.10

5,000.00 195.00

$1,,4 3 3 .9 5 7 .1 6
$ 562.68
1,170.00 3,055.00
61.86
2,215.00 2,000.00 2,535.00 2,986.00
100.00
570.00 1,000.00
100.00 300.00
5,000.00 195.00

TOTAL ENDOWMENT-SCHOLARSHF$ 8 . 4 0 8 . 0 9 $ 2 5 . 0 7 3 . 4 7 $ 2 1 , 8 5 0 . 5 4

Transfers

Balance End of Year

$

$

6,000.00

300.40

10,000.00

$ 3.789.91 $ 279,216.09

$

$

(-)2,880.00(T)

$(-)2,880.00 $

3,033.14 13,578.92
4,470.57 1,246.55
22,329.18

$(--)8 . 9 9 8 . 13(T)$

8,998.13

$110,861.12 $ 897,909.73

$

$

1,768.40

145.88

61.00

534.00

2,010.51

195.00 13.00
14.00 .01
490.12 322.08
416.02 61.00
5,600.00

$

$ 11,631.02

92

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OHS RATIONS OF RESTRICTED FUNDS (Continued)

Balance

Income

Beginning

For

of Year

Year

STUDENT AID (Cont'd)

GIFTS-SCHOLARSHIPS

B.Dowling Adams-Schol.

$

122.00 $

American Business Club

200.00

Air Force Aid Society

2,044.00

Albany Woman's Club

400.00

Albany H .S.Key Club

100.00

Athens Area Ind. M g t.

200.00

Athens Bus.M en's Schol.

2.00

Atlanta Civitan Club

1,600.00

Atlanta Fed . Sav. Sch ol. Atlanta Cotton A ssoc.S ch . Atlanta Newspaper Atlanta Womens Pan.Coun. Bankers Fidelity & Life In s.C o .

1,000.00

585.00 500.00 195.00 180.00 750.00

BAP Found, of Texas

100.00

Barwick, E .T . Funds

2,500.00

J. Bernstein Blue Key Schol.

125.00

65.00 100.00

Borden Ag. Schol .Award

1,500.00

Borden Co.-Home Ec.

600.00

1,500.00

Boswell Found. -Griffin Bullock-Merriwether

1,200.00 200.00

Callaway Educ.Schol.

38.16

750.00

Callaway F .E .

225.00

Chemstrand Corp.

1,000.00

Clarke Co. Bd. of Educ.

200.00

Cooper, Wm. U/W

1,225.00

Cherokee Schol.

118.40

Cobb - Educ. - Ty

2,400.00

Colonial Dames of America Comer, Hugh M.

250.00 1,000.00

Chas. J. Block - Schol.

300.00

Dairy Schol. (Various)

1,040.00

4,340.00

Davis Brother Schol.

133.34

Delta Air Lines

200.00

600.00

Downing, Georgia S.U/W-Nix Drama Scholarship

131.77 150.00

Durr, M rs. R. M.-Poultry Elks Nat. Found. Sch. EMPL Sch. Forestry Schol. (Earl Jenkins

1,734.08

525.00 133.33

Mem) Ft. Lauderdale High Sch. Franklin, Mr. & Mrs. John L. Freedman, Found. -S ch o l.

100.00
6,000.00 41.00

100.00 200.00 6,000.00

Gainesville Civitan Club

20.00

Gainesville-Midland R .R .-

McMullan

166.66

Expenditures For Year
$ 200.00
2,044.00 400.00 100.00 200.00
1,600.00 585.00
180.00 750.00 100.00 2,500.00
65.00 125.00 300.00 300.00 1,200.00 200.00 750.00 225.00 500.00 200.00 1,225.00
2,400.00 250.00
1,000.00
5,000.00
700.00 131.77
1,734.08 525.00
100.00 200.00 6,000.00

Transfers

Balance End of Year

$

$

122.00

2.00
1,000.00 500.00 195.00

100.00 1,200.00 1,800.00
38.16 500.00
118.40
300.00 380.00 133.34 100.00
150.00
133.33 100.00 6,000.00
41.00 20.00 166.66

93

Schedule D (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance

Income

Beginning

For

of Year

Year

B. STUDENT AID (Cont'd)

GIFTS & SCHOLARSHIPS (Cont'd)

Gair Woodlands

$

Garden Club of G a , Schol.

General Motors Corp,

Ga.Coun. Farm Coop.

G a. Power Company

2 3 .2 5 !$ 800.00
426.00

4,950.00 600.00
4,635.00 500.00

Ga. State Educ. Schol, Ga. Stu. Educ.Found, G a , Alumni Fund Ga, Educ. Charitable Fund

250.00

1,100.00 122.00
1,365.00

Ga, Rotary Stu.Fund, Inc, Ga, Voluntary Tech, Plan Ga. Fed, Woman's Club R, E, Gladin Schol.

183.00 1.61

2,990.00 3,262,55
600.00

Goldberg Mem.Fund Great South.Truck. C o .-S ch .

30,00 500.00

390.00

Jean Grougrou Schol. Hallmark Cards Hanna Mfg. Co. Howard - Paper Hamilton, Alexander Commission

180.00 564.00

400.00 130.00 1,170.00

Home Ic o n . - Dean Homelite Corp, Sohol, Icetex Vet. IFC Scholarship Inland Cont, Gamp International Min. Corp.Sch. Jaycee War Mem, Schol, Jones, Harrison-Hurt Kappa Sigma Keleman Found, Fader Knox Found, -S ch o l, Kroger Grocery C o , Kroger District Educ.Sohol, Leroy Springs & C o ., Inc. Ledger Enquirer-Sch. Loridans, Oha s , -for Gaye Loeb Farm Sch.-Jewish Child, Lustre Craft-Wart Macon Telegraph Mortar Board Sohol, Medford, Earl MoConnell-Jarrett

238.64 948.54
24.00 61.00 1,323.39

200.00 500.00 390.53 295.00 500.00 600.00
200.00 100.00 500.00 400.00 1,000.00 500.00 350.00
65.00 600.00 1,001.67 100,00 500.00 195.00 200.00

Miller High Sohool Albert S. McGahee

60,00

100.00

N.A.S.S. Prin, Seh. N .A .I.A , Sohol.

378,58

1,750,00 600.00

Expenditures fbr Year
$ 4,950.00 600.00
4,635.00 490.75 60.00
1,100.00 122.00
1,365.00
2,978.00 2,932.55
600.00
390.00
400.00 130.00 1,170.00 456.00 200.00' 500.00 390.53
500.00 600.00
200.00 100,00 500.00 400.00 999.98 500.00 350.00
65.00 600.00 668.34 100.00 500.00 191.00 200.00 1,323.39 100.00
1,504.27 600.00

Transfers

Balance End of Year

$

23.25

800.00

9.25 366.00

250.00 195.00 330.00
1.61 30.00 500.00 180.00

108.00

533.64 948.54

.02 24.00 333.33 65.00
60.00 624.31

94

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance

Income

Beginning

For

of Year

Year

STUDENT AID (Cont'd)

GIFTS-SCHOLARSHIPS (Cont'd)

National Merit Sch.

$

2 0 0 .0 0 $i

NSF - Fellow

3,399.30

Nopco Chemical Co.-Zebeau

500.00

750.00 14,170.90

O .A.S. Schol Odille Ousley Sch.

483.00 1,800.00

Pepsi Cola - Sch.

700.79

Pilot Club, International Poultry Schol.(Various)

282.56

962.00 1,700.00

Pure Oil Co. Claude Purcell

500.00

200.00

Ralston Purina Schol. Regional High S c h . - P . T . A .

500.00 500.00

Rayonier Found.-Forestry Readers Digest-Journalism Richardson, L.Co. R .S.A .M .A . Club E. T. Rogers - Smith

444.28
51.56 63.84

1,500.00
495.00 1,633.32
450.00

Special Schol.

309.63

Seafarer Welfare Sears Roebuck-Agri. Sears-Roebuck-Home Ec.

453.00 238.33 800.00

SE Florida Ford Tractor Southern Bell Tel. Co. Sewell Mfg. Co. Southern Maid (Jax Paper) Southern I .E . A . - McArthur South Carolina Reg. Bd. Southeastern Fair Assn. Senior Schol. Fund

2,500.00 244.03
359.29

2,400.00
900.00 1,560.00
300.00 1,800.00
300.00

E. R. Squibb & Sons Sylvester High Sch. St. Regis Schol.

600.00 50.00
1,600.00

Student Act.-Orchestra Texaco Schol. Union Bag Co.

4,629.96 605.00

1,650.00 950.00
2,985.00

Undergrad. S c h o l. (Various)

732.01

UDC - G a . Division Van Pelt, David

200.00

200.00

Various Sources-Music

1,468.70

178.36

Various Sources-Pharmacy

567.36

4,610.00

Vincent, Eleanor F.

143.24

125.00

W est Virginia Garden Club

666.66

W icke, Joanne C.

137.05

85.00

Winn-Dixie Stores Found.

250.00

Woman's Stud. Govt.

531.98

R. W . Woodruff

294.42

World Univ. Service Z Club Scholarships

221.20 139.00

251.00

Expenditures For Year

$

600.00

6,810.28

500.00

483.00

1,500.00

700.79

962.00

1,299.97

500.00

500.00 500.00 1,500.00

441.00 1,684.88
302.99

453.00 238.33 800.00

2,500.00 1,144.03 1,560.00
300.00 1,800.00
300.00

600.00 50.00
1,600.00 1,037.00
950.00 3,590.00

200.00

100.00 4,658.00

666.66 222.05 250.00 520.00

195.00

Transfers

Balance End of Year

$

$

350.00

10,759.92

300.00
682.59 200.00

444.28 54.00
210.85 309.63

2,400.00

359.29
5,242.96
732.01 200.00 1,547.06 519.36 268.24
11.98 294.42 221.20 195.00

95

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

B. STUDENT AID GIFTS-SCHOLARSHIPS (Cont'd) Zeta Tau Alpha

Balance Beginning of Year
$

Income For Year

$

200.00

Expenditures For Year

$

200.00

TOTAL GIFTS-SCHOLARSHIPS

$ 38,657.85 $ 112,607.42 $ 107,480.64

ENDOWMENT-AWARDS W . J . Bryan - Prizes J. B. Connally-Prizes J . C . Harris Award G e o . D . Kitzinger Award Hamilton McWhorter Dan McDougald Award Is sac Meinhard Horace B. Russell-Prize Cecil Willcox-Prize

$

32.20 $

542.43

311.20

237.29 61.37
112.34

8.14 $ 62.31 39.00 318.20 15.90 495.55 34.50 50.00 74.00

100.00 39.00
629.40 15.90
495.55
50.00 30.35

TOTAL ENDOWMENT-AWARDS $ 1 , 2 9 6 . 8 3 $

1,097.60 $

1,360.20

GIFTS-AWARDS M ichael Award Murray, Inez Sayre, Jessie W. U n iv. Found Award (Bert Michael) Univ.Found. (R.C.Wilson) Univ. Found. (Fattig) Sears-Roebuck Award

$

$

100.00

156.69

451.64

1,000.00 $ 300.00
25.50 100.00 195.00 462.93

1,000.00 300.00
100.00 910.97

TOTAL GIFTS-AWARDS

$

708.33 $

2,083.43 $

2,310.97

TOTAL AWARDS

$ 2.005.16 $

3,181.03 $

3,671.17

TOTAL STUDENT AID

$ 49,071.10 $ 140,861.92 $ 133,002.35

SUB-TOTAL

$ 7 1 4 , 3 6 5 . 9 7 $1 9 1 8 , 2 9 5 . 0 6 $ 1 , 5 6 6 , 9 5 9 . 5 1

C . CONTINUING EDUCATION

H .E .W . - Media

$

$ 13,200.00 $ 4,666.19

Ford -Adult Ed. - L i b . Studie s

30,109.84

47,500.00

29,123.32

Ga.Forestry Com.

2,500.00

2,500.00

Whitehouse Conf.

3,768.34

U .S.P .H . Teach.Asst.

1,500.06

Tri Regional Workshop

(--) 2 1 7 . 3 6

26.176.23

26.109.97

TOTAL CONTINUING EDUCATION $ 3 6 , 1 6 0 . 8 2 $ 8 6 . 8 7 6 . 2 3 $ 6 3 , 8 9 9 . 5 4

TOTAL RESTRICTED FUNDS

$ 7 5 0 ,5 2 6 .7 9 $ 2 ,0 0 5 ,1 7 1 .2 9 $1 6 3 0 .8 5 9 .0 5

Transfers

Balance End of Year

$

$

$

$ 43.784.63

$

$

40.34

504.74

271.79 61.37
155.99

$

$

1,034.23

100.00

182.19

195.00 3.60

$

$

480.79

$

$

1,515.02

$

$ 56,930.67

$110 861.12 $ 954,840.40

$

$ 8,533.81

48,486.52

3,768.34 ( - ) l,500.06
(--) 1 5 1 .1 0

$

$ 59.137.51

$110 8 6 1 .1 2 $1 ,0 1 3 . 9 7 7 . 9 1

96

*I i
j
^ |* j
i a V' W yk. #
p r * 1x y i'H Li-
L \>A ^
A' V
t* \
%j >> i
y4
->y $ yf
*-v J
i ft*
X/ ' "1 *
r\
phi k A r >
. W 1H

I

V*

*
fp FI
J *
&
x
,i. %
:X V -A \>A *
V
*
-f * V>I
4
4

Schedule

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960

Endowment Funds

Loan Funds

BALANCE OF PRINaPAL BEGINNING OF YEAR (Including Income not transferred)

l i , 7 3 8 , 9 5 7 . 5 0 $1 . 0 8 3 . 0 4 8 . 4 1

ADDITIONS Income on Investments Gifts Transfers from Endowment Funds Transfers from Loan Funds National Defense Educational Act Discount on Bonds Purchased Royalties - "Georgia Birds" Transfer from U. of G a. - Lucy Cobb Miscellaneous
TOTAL ADDITIONS
DEDUCTIONS Expenses of Trust Collection Costs Charge Off - Student Loan Transfers to University of Georgia Transfers to Other Schools Transfers to Endowment Funds Transfers to Loan Funds Accrued Interest on Bonds Purchased Transfer to 4-H Club Foundation Miscellaneous

$ 103,542.44 56,214.09
28,094.88
10,990.46 5,213.43
2.507.23
$ 206.562.53

$ 25,382.81 2,706.94
72,584.18
221,696.00 687.32
2,400.00 6.15
$ 325.463.40

$

2,604.00 $

541.57

30,954.38 3,356.84

20.00 21,484.26

72,584.18

28,094.88

1,055.34

TOTAL DEDUCTIONS BALANCE OF PRINCIPAL END OF YEAR
GRAND TOTAL

110.554.74 12,,8 3 4 .9 6 5 .2 9

50.140.71 $1, 358,371.10

Miscellaneous Funds
$ 3.273.72
5,692.50
$ 5.692.50 $
6,279.04 2.687.18 $ 8.966.22 $ $4,193,336.39

I '
V >' )f 97

Schedule E -l

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1960

ENDOWMENT FUNDS Fund for Advancement of Art Alumni Library Alumni Y . M . C . A . W . H. Bocock Charles H. Brand Charles McDonald Brown Henry W . Brown William J . Bryan Bernice F. Bullard Elizabeth M. Bullard A. F . Churchill Memorial Edward T. Comer Hugh M o ss Comer Joe Brown Connally 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 George Rush Franklin Mary J. Franklin E b b W . Ga 11aher Georgia Birds George L. Gilmer Walter J. Grace James Coffie Harris Award Harold Hirsch A. L. Hull Interfraternity Council
i Clyde L. Jr. and John King George D . Kitzinger Award Joseph R. Lamar William Pendleton Lamar Land scrip Francis A. Lipscomb Emma Long Lumpkin Law School Joseph H. Lumpkin Charles F. McCay David Knox McKamy Hamilton McWhorter Edmund Magers Isaac Meinhard Bert Michael Thomas E. Mitchell

Balance Beginning
of Year
$ 11,287.75 11,033.96 13,469.64 426.71 1,595.49
585.001.88 29,236.26 247.89 35,295.69 47,695.76 38,531.33
386,330.89 5,410.00 2,465.53 5,608.46 1,500.00
36,153.93 19,621.07
1,910.83 1,272.31 118,000.00
4,359.00 5,150.00 2,872.50 15,130.00 1,250.00 1,000.00 1,616.71
468.07 2,089.35 14,204.05 11,790.07 25,000.00 20,000.00 242,202.17 2,688.52
699.46 41,280.69 17,406.78 337,734.69 37,626.65
536.26 102.79 1,000.00 850.00 140,925.46

Receipts Disbursement s

Balance End of Year

$ 901.48 3,676.66 408.96 11.63 186.19
31,949.92 1,625.65 8.14 2,056.79 1,886.19 1,938.21
27,459.72 100.00 62.31 698.02 394.53
1,573.83 739.70 108.88 39.95
8,602.64 27,010.51
127.93 347.45
70.00 596.15
46.25 39.00 49.19 16.05 61.23 964.13 318.20 998.98 1,737.50 6,535.50 79.27 20.75 1,644.64 1,504.62 12,939.12 28,659.44 19.97
3.50 34.50 25.50 5,014.45

$

844.42

453.86

408.96

9.30

62.62

16,756.82

1,040.47

8.14

1,264.66

20,250.00

1,208.16

17,158.32

1,000.00

62.31

198.61

35.03

1,573.83

8,602.64 2,010.51
127.93 230.25
596.15 46.25 39.00
932.88
492.95 318.20 998.98 1,737.50 6,535.50
134.28 487.77
45.19 1,768.15
15.90 3.50
34.50 25.50 5,014.45

$ 11,344.81 14,256.76 13,469.64 429.04 1,719.06
600,194.98 29,821.44 247.89 36,087.82 29,331.95 39,261.38
396,632.29 4,510.00 2,465.53 6,107.87 1,859.50
36,153.93 20,360.77
2,019.71 1,312.26 118,000.00 25,000.00 4,359.00 5,267.20 2,942.50 15,130.00 1,250.00 1,000.00
733.02 484.12 2,150.58 14,675.23 11,790.07 25,000.00 20,000.00 242,202.17 2,767.79 720.21 42.791.05 18,423.63 350,628.62 64,517.94 540.33 102.79 1,000.00 850.00 140,925.46

98

li k VU *
* r k` [ 4-
y. f-> V*\
[I
X -J < r
Hi U
V
m f
1- I *
X jjfoj L4 *
^
Xr * 1 ff'
\,J* \
VM
f> y ' U r
Vi
nr }
k,
HP
- ..j.9f P >, -X... _> V
.4 <r>Kr *1 ; 'V '
f *
f!4 r; t I I1 >
t It
J y*

ft. |[ i L-4
yK (>->, M v
If W-v
r Li It n r* U r4 u\ L K* X>x tA *> A' \
^* i} >i
V
f,y ' U p Vi $9*V-, - ri |h \\ 1 l-A *
'V fei.
f-> w .'i * (' p j*
4> * * - ~f *
! h *
S*f y -f I

UNIVERSITY OF GEORGIA

Schedule E - l (Continued)

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

ENDOWMENT FUNDS (Cont'd) Thomas E. Mitchell-Georgia Thomas E. Mitchell-Coord. C. A. and H. B. T. Moon Pearl C . Moon Music Scholarship George F. Peabody Phelps-Stokes Fellowship B.Z. Phillips Law Scholarship Albon W . Reed Religion on the Campus Henry L. Richmond Horace B. Russell James Oliver Scaife Memorial Edward S . Shorter Hoke Smith Memorial Martin R. Smith Prize Jennie Smith Stoddard-Sutton Scholarship William Terrell Berryman T. Thompson Lamar Trotti, Jr. - Scholarship Frances Clementine Tucker University Theatre Eleanor Ferguson Vincent J.H .R . Washington Science C ecil Willcox - Prize Cecil W illcox - Loan
TOTAL ENDOWMENT FUNDS
LOAN FUNDS O. C. Aderhold Lucile Alexander Alpha Zeta Alumni Association Preston S . Arkwright R. & L. Arnold Athens Lions Club Atlanta Cotton Oil Company Atlanta Journal Atlanta Stockyards DuPree Barrett L. H. Bealle Bibb County Dawson J. D. Bolton, Jr. Memorial Charles H. Brand Mary U. Broach Charles McDonald Brown

Balance Beginning
of Year
$ 50,072.39 34,134.07 2,867.83 2,849.86 2,940.00 475.00 19,600.72 16,445.00 5,619.86 17,551.42 34,998.28 1,913.13 136.01 13,742.61 5,197.22 4,632.55 57,394.30 2,535.00 20,130.00 14,375.96 4,000.78
121,773.43 16,567.22 3,000.00 1,426.26 2,000.00 2.500.00
$2,738,957.50

Receipts Disbursements

Balance End of Year

$ 3,397.35 3,107.35 77.29 76.14 178.36 14.00 413.38 1,277.38 322.24 632.31 1,165.56 50.00
1,055.15 197.55 147.20
2,775.11 5,735.31
859.77 1,326.89
357.10 8,152.54
491.35 1,125.00
36.25 74.00 92.50

$ 3,096.32 2,476.11
78.36 14.00
235.58 117.98 632.31
50.00
850.00
2,775.11 132.27 859.77 485.73 357.10
5,436.89
125.00
74.00 92.50

$ 50,373.42 34,765.31 2,945.12 2,926.00 3,040.00 475.00 20,014.10 17,486.80 5,824.12 17,551.42 36,163.84 1,913.13 136.01 13,947.76 5,394.77 4,779.75 57,394.30 8,138.04 20,130.00 15,217.12 4,000.78
124,489.08 17,058.57 4,000.00 1,462.51 2,000.00 2.500.00

$ 2 0 6 ,4 3 0 .3 1 $ 1 1 0 ,4 2 2 .5 2 $2 8 3 4 ,9 6 5 .2 9

$

676.48 $

.57 $

$

677.05

790.24

32.25

822.49

482.69

.24

482.93

1,700.91

25.00

1,725.91

2,076.03

46.35

2,122.38

249.48

9.19

258.67

500.00

500.00

615.18

14.11

629.29

1,957.37

63.00

2,020.37

197.73

197.73

1,188.26

26.98

1,215.24

223.72

5.59

229.31

545.64

25.60

571.24

1,192.97

47.09

1,240.06

420.72

79.01

123.57

376.16

445.67

14.51

460.18

55,535.91

17,282.50

8,120.05

64,698.36

99

UNIVERSITY OF GEORGIA

Schedule E - l (Continued)

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

LOAN FUNDS (Cont'd) Henry W . Brown Bryan County Dawson Shepherd F . Bryan Bernice F. Bullard Asa Candler Charles H. Candler Carroll County Dawson Chamberlin-Johnson-DuBose Charlton County Dawson Chatham County Dawson A. F . Churchill Memorial C . & S. National Bank Class of 1926 0 . L. Cloud Mrs. J. H. Cloudman Cobb County Dawson Lucy Cobb Institute W. O. Collins Columbia County Dawson E. T. Comer Elijah Clark 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 S. Denmark Eugene & Harry Dodd Druid Hills Memorial J . C . Dukes - Home Economics J. C. Dukes - Agriculture J . C . Dukes - Bus .Admin. Early County Dawson Elbert County Dawson Epsilon Sigma Pi Exchange Club - Atlanta W. W . Findley Lucy H. Fischer Charles W . Ford Forestry 4 -H Club Scholarship Freshman Y Commission Fulton County Dawson Ebb W . Gallaher G a. A and W .P . Railroad

Balance Beginning
of Year
$ 4,238.97 25.70
443.21 4,330.74
311.64 328.21 366.83 784.59 193.84 312.82 4,480.17 20,129.34 369.27 5,760.54 409.14 333.60 12,968.13
24.00 45.21 52,865.45 2,816.63 15,439.33 1,960.32 828.58 796.56 394,896.73 855.87 1,996.00 45.00 209.34 1,608.22 1,905.65 JO 6 0 4 .9 1 104.26 897.30 87.65 333.03 3,493.95 1,604.85 1,014.15 1,282.60 2,970.36 98.46 721.32 880.24 721.47

Receipts Disbursements

Balance End of Year

$ 1,105.00
3.50 1,372.96
.64
3.00 14.58
6.47 .50
1,440.08 517.85 4.50 165.03 8.40 6.75
2,824.84
.93 18,028.97
30.62 189.41 222.43
73.69 24.97 13,752.16 46.89
9.45 3.70 49.89 51.46 56.76
28.01
18.95 101.05
22.84 20.50 19.11 135.81
22.76 238.05
17.17

$ 553.26 792.13
1,857.23 1.84
18,000.66 499.41 359.50
3,458.00 54.45
117.20

$ 4,790.71 25.70
446.71 4,911.57
312.28 328.21 369.83' 799.17 200.31 313.32 4,063.02 20,645.35 373.77 5,925.57 417.54 340.35 15,792.97
24.00 46.14 52,893.76 2,847.25 15,628.74 1,683.34 542.77 821.53 405,190.89 902.76 1,996.00
213.04 1,658.11 1,957.11 1,661.67
104.26 925.31 87.65 351.98 3,595.00 1,627.69 1,034.65 1,301.71 3,106.17
98.46 744.08 1,001.09 738.64

100

KI
Vi
A* HJ F
m
II
xA '/ l y
H ,W AI
jjjj* )|

f\ *>V
V
J
&>v j Hrl
& V j HI 1
>4<V
m

rKit*
SwUb
} f4 K Hi -fiv \ 4l >
V6
' kf* M
\n AA
v
AA
1I
k`>U A * 1 44 ..OA -f *
m* 4* to v t *
J)
Sr >><* Vf

yf i1r r1
Vr n
>> I j
Y
&> y A M
%> A' **
1
4h
a
i

UNIVERSITY OF GEORGIA

Schedule E - l (Continued)

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

LOAN FUNDS (Cont'd) Ga. Bankers Association G a . Power Company Girls Canning Club Glynn County Dawson Grady County Dawson Hall County Dawson Hancock County Dawson James C. Harris Frank Hawkins Harold Milton Heckman, J r . , Mem. A. L. Hull Memorial J . E . Hunt Jasper County Dawson M rs. Graham Johnson Bess D. Jones Sallie Maude Jones Junior League of Atlanta J. B. Keough Clyde L. Jr. and John King Kirkwood P .T .A . Joseph R. Lamar Scholarship Landscape Architecture F. E. Lanier Laurens County Dawson Arthur Lucas Joseph H. Lumpkin McIntosh County Dawson Macon County Dawson Mr. & Mrs. T. O. Marshall R. H. Martin Meriwether County Dawson Moina Michael M iscellan eo us Fund Thomas E. Mitchell - Georgia Thomas E. Mitchell - Coord. Moon Muscogee County Dawson National Defense Educational Act R. C. Neely C. T. Nunnally Hubert Owens Scholarship
J . C . Payne Phi Delta Phi Benjamin Z. Phillips Law J. T. Pittard Memorial Clifford Pratt Memorial

Balance Beginning
of Year
$ 17,761.89 11,617.85 5,267.27 289.54 356.98 843.41 639.24 874.46 497.83 35.00 18.08
152,220.38 335.18 536.31 379.08
1,568.46 319.61 311.96
1,677.82 374.86
3,572.35 1,004.65
44.22 596.24 161.55 2,061.54 2,441.93 1,157.04 1,357.83 297.81 422.00 1,145.20 500.00 5,745.86 6,370.25 250.00 716.00 180,022.21 752.28 191.29 1,419.83 1,078.70
60.63 1,537.75
428.96 921.56

Receipts Disbursements

Balance End of Year

$

575.42

351.37

123.08

9.44

10.60

15.35

4.63

5.55

3.54

50.00

4,544.73 7.43
18.44 9.00
3,935.00 .93
1.25 510.21
7.83 998.98 115.16

18.09

555.00 52.71 34.58 11.05 2.50 24.61 32.71
504.00 3,128.24 2,653.78

16.50 246,308.88
24.20 2.50
38.83 44.85

300.00

28.75

$
17.01 4,200.30
471.18 1,500.00
52.44 823.16 1,250.00
2,993.53 3,731.94
600.00
677.18

$ 18,337.31 11,969.22 5,390.35 298.98 367.58 858.76 643.87 880.01 501.37 85.00 18.08
156,748.10 342.61 554.75 388.08
1,303.16 320.54 313.21
1,716.85 382.69
3,071.33 1,067.37
44.22 614.33
161.55 1,793.38 2,494.64 1,191.62
118.88 300.31 446.61 1,177.91 1,004.00 5,880.57 5,292.09 250o00 732.50 426,331.09 176.48 193.79 1,458.66 1,123.55
60.63 1,160.57
428.96
950.31

101 lib r ar ies
f GEORGE

UNIVERSITY OF GEORGIA

Schedule E - l (Continued)

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

LOAN FUNDS Albon W . Reed Bertha Rich Richmond County Dawson - Boys Richmond County Dawson - Girls E. Rivers James D. Robinson Rockdale County Dawson S .D .V . Fraternity Sale City Dawson Savannah District Dawson John D. Simmons Hoke Smith State Home Demonstration Students Student Veterans Mark Sullivan Sumter County Daw son-Boys Sumter County Dawson-Girls Tattnall County Dawson Telfair County Dawson Thomas County Dawson Berryman T. Thompson Meldrim Thompson Max Thurmond Memorial Toombs County Dawson Frances Clementine Tucker Leila Bates Tye Ware County Dawson Washington County Dawson Louis Wellhouse C. P. Whitehead Whitfield County Dawson Cecil Willcox Charles C . Wilson Memorial Robert Woodruff Ida Young
TOTAL LOAN FUNDS

Balance Beginning
of Year

$

270.00

191.17

1,897.68

1,380.99

320.86

317.91

369.55

192.70

1,347.91

317.33

259.42

712.23

1,141.43

1,788.01

707.24

210.27

3,192.61

2,157.51

492.95

10.00

246.32

8,916.90

296.56

1,608.79

132.91

14,663.01

1,341.66

328.55

444.87

2,103.56

1,286.91

656.45

267.31

178.50

444.68

5.977.59

$1.083.048.41

Receipts Disbursements

Balance End of Year

$

$

$

1.52

87.01

11.42

3.50

14.05

3.75 39.30 10.37

27.99 20.17 330.60
8.50 3.22 69.87 72.80 21.24

1.25 752.57
3.31 21.39

54.44 841*16

5,565.48 35.00 11.14
14.40 143.59
29.24 4.62
92.50 5.50 8.75
177.54

2,715.65 1,600.00
195.00

270.00 192.69 1,984.69 1,392.41 324.36 331.96 369.55 196.45 1,387.21 327.70 259.42 740.22
1,161.60 2,118.61
715.74 213.49 3,262.48 2,230.31 514.19
10.00 193.13 8,828.31 299.87 1,630.18 132.91 17,512.84 1,376.66 339.69 459.27 647.15 1,316.15 661.07 164.81 184.00 453.43 6,155.13

$330.982.98 $ 55,660.29 $1,358.371.10

MISCELLANEOUS FUNDS Georgia 4-H Club Fund General M ills Bee Lane University of Georgia Home
TOTAL MISCELLANEOUS FUNDS
GRAND TOTAL

$

3,132.73

40.99

100.00

$

3.273.72

P i,825.279.63

$ 5,692.50 $ 8,825.23 $ 40.99
100.00
$ 5.692.50 $ 8.966.22 $
$543.105.79 $175,049.03 $4.193,336.39

102

Schedule E-2

UNIVERSITY OF GEORGIA
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1960

ENDOWMENT FUNDS Bonds - U. S. Treasury Bonds - State and Municipal Bonds - State School Building Authority Bonds - University System Building Authority Stocks - Preferred and Common Real Estate Loans - Fraternity Homes Loans - Clarke Howell Loan - Milledge Annex Wings Loan - Alpha Chi Omega Loan - Alpha Epsilon Pi Loan - Alpha Tau Omega Loan - Chi Phi Loan - Chi Psi Loan - Phi Delta Theta Loan - Sigma Chi Loan - Parsons Apartments Savings Accounts - Athens Federal Savings & Loan Loss on Sale of Bonds - Amortized
TOTAL ENDOWMENT FUNDS
STUDENT LOAN FUNDS Bonds - U. S. Treasury Bonds - State School Bldg. Authority Bonds - University System Building Authority Stocks - Common Loans - Fraternity Houses Clarke Howell Wings Milledge Annex Wings Alpha Chi Omega Tau Epsilon Phi H. H. Hinton Property Loan - Catholic Student Center Loan - North Georgia College Sigma Pi Loans - Students Savings Accounts- Athens Federal Savings & Loan
TOTAL LOAN FUNDS
Book value of a ll loans shown a s Market Value.

Book Value

Market * Value

$ 361,890.00 100,000.00 536,000.00 859,811.50 34,339.21
3,500.00 9,450.00 212,713.94 218,662.22 44,608.76 90,852.97 48,945.35 28,457.37 70,000.00 31,183.43 93,984.06 45,995.32
4,255.70 1.738.11

$ 355,326.50
530,640.00 836,541.50
64,232.38 4,250.00 9,450.00
212,713.94 218,662.22
44,608.76 90,852.97 48,945.35 28,457.37 70,000.00 31,183.43 93,984.06 45,995.32
4,340.80 1.738.11

.796.387.94 _ i i .691.922.71

$ 41,610.00 94,000.00 93,861.00 1.00 30,737.17 262.95 70,540.08 48,244.54 56,914.76 7,663.84 9,463.50 27,016.90 10,786.35 699,563.38 3.185.47
$1,, 193,850.94

$ 40,901.50 93,060.00 88,314.50
30,737.17 262.95
70,540.08 48,244.54 56,914.76
7,663.84 9,463.50 27,016.90 10,786.35 699,563.38 3,185.47
$1-, 1 8 6 ,6 5 4 .9 4

103

Schedule E-2-1

UNIVERSITY OF GEORGIA
DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1960

STATE AND MUNICIPAL BONDS Georgia, State of (Constitutional Debt)

Rate of Interest

Maturity Date

TOTAL STATE AND MUNICIPAL BONDS

U . S . TREASURY BONDS U. S. Treasury Bills Series G Series G U. S. Treasury Certificates Series A - 1964 Series G

4-1/2% 2-1/2% 2-1/2% 2-1/4% 4-3/4% 2-1/2%

4 - 15 - 61 3 - 1 - 61 6 - 1 - 61 6 - 15 - 60 5 - 15 - 64 1 2- 15 -7 2 -67

TOTAL U. S . TREASURY BONDS

STATE SCHOOL BUILDING AUTHORITY BONDS Series 1953-A Series 1953-A

3.7 % 3.7 %

9 - 1 - 70 9 - 1 - 71

TOTAL STATE SCHOOL BUILDING AUTHORITY BONDS

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Series 1950 Series 1951 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1953 Series 1957 Series 1958 Series 1958

3% 3% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 3-1/2% 4-1/ 2% 4-1/2% 3.9 %

10 - 1 - 70 6 - 1 - 77 5 - 1 - 66 5 - 1 - 67 5 - 1 - 74 5 - 1 - 75 5 - 1 - 76 5 - 1 - 77 5 - 1 - 78 5 - 1 - 79 5 - 1 - 80 5 - 1 - 81 5 - 1 - 82 5 - 1 - 83 11 - 1 - 77 11 - 1 - 76 4 - 1 - 77

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

TOTAL BONDS

Book Value
$ 100,000.00
$ 100.000.00
$ 33,000.00 75,390.00
100,000.00 150,000.00
1,000.00 2.500.00
$ 361.890.00
$ 208,000.00 328.000.00
$ 536.000.00
$ 23,000.00 8,761.50
125,000.00 108,000.00
30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00 33,500.00 18,500.00
5,000.00 90,000.00 49,850.00 188.200.00
$_ 8 5 9 .8 1 1 .5 0
$1.857.701.50

Market Value
$
$
$ 32,294.00 74,334.50 99,200.00
146,340.00 1,002.00 2.156.00
$ 355.326.50
$ 205,920.00 324.720.00
$ 530.640.00
$ 21,079.50 7,491.00
124,337.50 106,693.00
28,410.00 28,326.00 28,077.00 27,990.00 27,720.00 27,645.00 27,570.00 30,485.00 16,770.00
4,525.00 92,700.00 51,345.50 185,377.00
$ 836.541.50
$1 .7 2 2 . 5 0 8 . 0 0

104

>5
h- f* I
r '&t
15 -#
1 'A
{,) k >i
Pf4.
X* *

4
> ii
Kb
^y

Ai

V.

HI

4>i

(

'9 p
-w

IP
>> > \J*h
vS < -I*
M

Schedule E-2 -2

UNIVERSITY OF GEORGIA
DETAIL OF ENDOWMENT FUNDS - COMMON STOCK For Year Ended June 30, 1960

Book Value

American Telephone and Telegraph Company Blanchard and Booth General Motors Corporation Land Company of Florida Monsanto Chemical Company Perkins Hosiery Mills Socony Mobil Oil Company U. S. Steel Corporation First National Bank of Birmingham
TOTAL COMMON STOCK

282 shares Common 1/2 share Common 156 shares Common 5 shares Common 29 shares Common 96 shares Common 162 shares Common 120 shares Common 305 shares Common

$11,188.20 1.00
2,651.60 1.00
1,303.31 1.00
3,819.29 2,792.56 12,581.25
$34,339.21

Schedule E-2-3

DETAIL OF LOAN FUNDS - BONDS For Year Ended June 3 0 ,1 9 6 0

U. S. TREASURY BONDS U. S. Treasury Bills Series G

Rate of Interest
4-1/2% 2-1/2%

Maturity Date
4 - 15 - 61 3 - 1 - 61

TOTAL U . S . TREASURY BONDS

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Series 1951 Series 1951 Series 1953 Series 1953 Series 1953 Series 1953 Series 1957 Series 1958 Series 1958 Series 1958

3%

3

%

3-1/2%

3-1/2%

3-1/2%

3-1/2%

4-1/2%

4-1/2%

3.75 %

3.9 %

6 - 1 - 76 6 - 1 - 77
5 - 1 - 67 5 - 1 - 81 5 - 1 - 82 5 - 1 - 83 11- 1 - 77 11- 1 - 76 4 - 1 - 75
4 - 1 - 77

TOTAL UNIV. SYSTEM BLDG. AUTHORITY BONDS

STATE SCHOOL BUILDING AUTHORITY BONDS Series 1953-A Series 1953-A

3 .7 % 9 - 1 - 70 3 .7 % 9 - 1 - 71

TOTAL STATE SCHOOL BLDG. AUTHORITY BONDS

TOTAL BONDS

Book Value
$ 17,000.00 24,610.00
$ 41,610.00
$ 10,972.50 1,138.50
17,000.00 1,300.00
11,500.00 25,000.00 10,000.00
150.00 10,000.00
6.800.00
$ 93,861.00
$ 57,000.00 37,000.00
$ 94,000.00
$229,471.00

Schedule E -2-4

DETAIL OF LOAN FUNDS - COMMON STOCK

COMMON STOCK Pittsburg Piacer Gold Mine Company
TOTAL COMMON STOCK

200 shares

1.00 1.00

Market Value
$25,168.50
6.864.00
1,272.38
4,842,50 9.615.00 16,470.00
$64,232.38
Market Value
$ 16,636.00 24.265.50
$ 40,901.50
$ 9,436.50 973.50
16,794.00 1,183.00
10,425.00 22,625.00 10,300.00
154.50 9,725.00 6.698.00
$ 88,314.50
$ 56,430.00 36,630.00
$ 93.060.00
$222,276.00

105

Schedule E-3

UNIVERSITY OF GEORGIA
STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS For Year Ended June 30, 1960

RECEIPTS Investments Realized Loans - Un. of Ga. Buildings Loan - Clarke Howell Loan - Milledge Annex Loan - Rutherford Hall Loan - Mary Lyndon Hall Loan - Alpha Chi Omega Loan - Alpha Epsilon Pi Loan - Alpha Tau Omega Loan - Chi Phi Loan - Phi Delta Theta Loan - Sigma Chi Loan - Sigma Pi Loan - Tau Epsilon Phi Loan - H. H. Hinton Property Loan - Parsons Apartments Loan - North Georgia College Loan - Catholic Student Center Loans - Fraternities & Sororities Real Estate Note Bonds Matured and/or Sold Loss on Sale of Bonds - Amortized Loans - Students Real Estate
TOTAL INVESTMENTS REALIZED
Income from Trusts Interest on Bonds Dividends Interest on Savings Accounts Interest on Un. of Ga. Buildings Interest - Clarke Howell Interest - Milledge Annex Interest - Rutherford Interest - Mary Lyndon Interest - Alpha Chi Omega Interest - Alpha Epsilon Pi Interest - Alpha Tau Omega Interest - Chi Phi Interest - Chi Psi Interest - Phi Delta Theta Interest - Sigma Chi Interest - Sigma Pi Interest - Tau Epsilon Phi Interest - H. H. Hinton Property Interest - Parson's Apartments Interest - North Georgia College Interest - Catholic Student Center

Endowment Funds

Loan Funds

Miscellaneous Funds

Totals

$ 58,969.57

$ 34,679.65

$

20,649.49

25.53

7,196.95

2,321.68

17,922.41

30,468.18

1,186.77

1,284.04

1,514.03

815.65

537.00

638.95

1,812.02

1,443.22

1,074.00

836.43

3,640.05

1,144.90

585.62

2,050.00

2,638.81

981.83

2,480.00

1,500.00

2,224.00

71,329.06

11.400.00

$164,486.90

$118.862.94

$

$ 66,231.60

$ 7,525.18

$

2,275.85

313.26

116.17

368.55

216.75

7,000.92

8.64

6,775.79

2,185.84

112.02

758.77

2,572.87

2,783.74

4,156.52

2,239.25

1,304.75

787.50

1,418.93

4,310.82

356.78

2,609.49

243.57

1,762.29

844.85

452.21

$ 93,649.22 20,675.02 9,518.63 17,922.41 30,468.18 2,470.81 1,514.03 815.65 537.00 638.95 1,812.02 1,443.22 1,074.00 836.43 3,640.05 1,144.90 585.62 4,688.81 981.83 3,980.00 2,224.00 71,329.06 11.400.00
$283.349.84
$ 73,756.78 2,275.85 429.43 585.30 7,009.56 8,961.63 112.02 758.77 5,356.61 4,156.52 2,239.25 1,304.75 787.50 1,418.93 4,310.82 356.78 2,609.49 243.57 1,762.29 844.85 452.21

106

"> jp
M L
T t- 4 *
11
'r " T
f r
1
>1; M *
*c- 4 >
| ;u 1j
!& > <A 1
tl

f V*
IV fell >)'

UNIVERSITY OF GEORGIA

Schedule E-3 (Continued)

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (Continued)

RECEIPTS (Cont'd) Income from Trusts (Cont'd) Interest - Fraternities & Sororities Interest - Real Estate Note Interest - Student Loans Rents

Endowment Funds

Loan Funds

Miscellaneous Funds

Totals

$

502.88

$ 1,501.92

$

35.87

6,312.17

614.00

225.50

$ 2,004.80 35.87
6,312.17 839.50

TOTAL INCOME FROM TRUSTS
FUND TRANSFERS to from

$103,542.44

$ 25,382.81

$

$ 72,584.18

$ 28,094.88

$

28.094.88

72,584.18

$128,925.25
$100,679.06 100,679.06

NET TRANSFERS
Miscellaneous Gifts National Defense Educ. Act. Discounts on Bonds Purchased Transfer from U . of G a . Lucy Cobb Royalty "Georgia Birds" Withdrawal from Savings Accounts Sale of Rights Miscellaneous
TOTAL MISCELLANEOUS
TOTAL RECEIPTS
Cash Balance July 1, 1959
TOTAL RECEIPTS & CASH BALANCES

$(-)44.489.30

$ 44,489.30

$

$

$ 56,214.09
10,990.46
5,213.43 10,015.90
30.15 2,507.23
$ 84,971.26
$308,511.30
23.705.02
$332,216.32

$ 2,706.94 221,696.00 687.32 2,400.00
2.15 $227,492.41 $416,227.46
149.058.70 $565,286.16

$ 5,692.50
$ 5.692.50 $ 5,692.50
3.273.72 $ 8.966.22

$ 64,613.53 221,696.00 11,677.78 2,400.00 5,213.43 10,015.90 30.15 2,509.38
$318,156.17
$730,431.26
176,037.44
$906,468.70

DISBURSEMENTS Investments Bonds Purchased Deposited in Savings Accounts Student Loans Loan - Chi Psi Fraternity
TOTAL INVESTMENTS
Expenses of Trust Accrued Interest on Bonds Purchased Collection Costs Transfers to University of Georgia Transfers to Other Schools Transfer to 4-H Club Foundation

$185,500.00

$ 17,000.00

$

138.26

116.17

361,624.00

70,000.00

$255,638.26

$378,740.17

$

$202,500.00 254.43
361,624.00 70,000.00
$634,378.43

$ 1,055.34
30,954.38 3,356.84

$ 541.57
21,484.26

$ 6,279.04

$ 1,055.34 541.57
52,438.64 3,356.84 6,279.04

107

UNIVERSITY OF GEORGIA

Schedule E-3 (Continued)

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (Continued)

DISBURSEMENTS (Cont'd) Expenses of Trust (Cont'd) Miscellaneous

Endowment Funds

Loan Funds

$ 2.634.15

$

Miscellaneous Funds

Totals

$ 2.687.18 $ 5,321.33

TOTAL EXPENSES OF TRUST

$ 38.000.71

$ 22.025.83

$ 8,966.22 $ 68,992.76

TOTAL DISBURSEMENTS

$293,638.97

$400,766.00

$ 8,966.22 $703,371.19

Cash Balance June 30, 1960

38.577.35

164,520.16

203.097.51

TOTAL DISBURSEMENTS & CASH BALANCE

$332,216.32

$565,286.16

$ 8,966.22 $906,468.70

h- r
1
; 'ft *
yV}
1
. i
K \V
; i V

I>

108

Schedule F

UNIVERSITY OF GEORGIA

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 ,1 9 6 0

Cash Balance Tulv 1. 1959

Receipts

Disbursements

Cash Balance Tune 30, 1960

CURRENT FUNDS

General

$ 677,754.62

Restricted-General

714,365.97

Auxiliary

609,569.72

Cont. Educ. - Restricted

36,160.82

Cont. Educ. - Educ. & Gen.

172.759.26

TOTAL CURRENT FUNDS

$2.210.610.39

AGENCY FUNDS

$ 519.271.46

PLANT FUNDS

$3.434.931.82

TRUST FUNDS Miscellaneous Endowment Loan

$ 3,273.72 23,705.02
149,058.70

TOTAL TRUST FUNDS

$ 176,037.44

TOTALS

$6.340,851.11

$ 6,421,135.48 1,921,714.03 2,263,509.39 86,876.23 1,220.151.17
$11.913.386.30
$ 2.425,388.37
$ 1.326.414.98

$

5,692.50

402,949.29

447.058.80

$ 855,700.59

$16.520.890.24

$ 6,084,674.48 1,681,239.60 2,158,527.79 63,899.54 1.098.285.59
$11.086.627.00
$ 2,363,903.13
$ 3.002,180.51

$

8,966.22

388,076.96

431.597.34

$ 828.640.52

$17.281.351.16

$1,014,215.62 954,840.40 714,551.32 59,137.51 294.624.84
$3.037.369.69
$ 580.756.70
$1.759.166.29
$ 38,577.35
164.520.16
$ 203.097.51
$5.580.390.19

SUMMARY Cash in Transit-Off Campus Centers National Bank of Athens-Time Deposit National Bank of Athens Hubert State Bank, Athens Cash on Hand University System Building Authority Cash on Hand Temporary Investments Clarke Fed. Sav. & Loan, Athens Temporary Investments
GRAND TOTAL

$ 84,398.51 596.030.00

$ 30,967.25 600,000.00 600,108.09 10, 000.00 6,888.52
680,428.51 21,997.82
3.630,000.00

$5.580.390.19

Schedule G
Air Flight Instruction Air Force - Special Alpha Chi Omega Alpha Epsilon Pi Alpha Gamma Rho Alpha Delta Phi Alpha Tau Omega Alpha Gamma Delta Alpha Tau Omega Bldg. Fund AlphaXI Delta Army Flight Inst. Arciniegas, G. Art Auction Art Exhibit Athens Civitan Club Breakage - General Bus. Operations Account C.P.A. Society Carson, Connie Cannon, Carolina Chemistry Breakage Chi Omega Chi Phi Fraternity Chi Psi Bldg. Account Chi Psi Rent Commemorative Plates Conf. Improv. In str. -Agri. Community Concerts Commutations (Military) Conference & Institute Cosmopolitan Club Danforth Chapel Committee Delta Kappa Gamma Delta Sigma Pi Delta Tau Delta Faculty Flowers Farm Short Course Forestry Camp Founders Mem. Garden Freeman, Barbara A. Se squicentennial Gift for Pharmacy John Hancock Ins. Reserve H. Hirsch Hall Fund Hodgson, Dinner Home Economics Home Economics S ch . Lunch Home Management Hopkins, Lindsey Industrial Arts Interfratemity Council Intramural

UNIVERSITY OF GEORGIA

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1. 1959 $
495.79 1,968.28
1,513.08
1,335.70
( - ) 2 0 .00
3,074.14 37.70 13.71
21,867.35 905.19
1,500.00
10,660.89
3,887.95 11,202.54
857.88 1,282.12 1,114.93 40,785.76 25,433.09
22.65 25.00
4.75 62.21
53.16 8,500.25 2,193.11
162.60
1,015.99 128.66
32,091.09 76.98
200.00 343.41 477.59 500.00 1,359.00 .4,839.17 289.69

Receipts

$

6,650.51

886.50

8,793.40

7,105.00

4,662.50

225.00

5,677.50

75.00

20.00

975.00

4,399.28

165.00

125.64

1,811.05 1,571.71
325.00

75.00 893.62 225.00 4,745.00

1,778.00

5,130.17 4,632.00 36,563.18 144,472.82

6.55

43.50 225.00

9,385.15 1,873.95
40.00 498.00

71,098.35
1,914.50 278.68
16,537.00
1,998.05 12,682.25
7,150.55

Disbursements $ 5,550.48
485.10 9,672.52 6,267.11 4,738.50
225.00 6,585.81
75.00
975.00 4,399.28
165.00 868.68 159.63
11.75 539.20 1,075.24 156.51 1,500.00
75.00 5,604.56
225.00 4,709.25
1,430.00
5,030.73 5,024.50 32,054.53 154,415.00
12.36
105.71 225.00
35.02 5,044.23 2,742.09
140.90 498.00 105.55
58,144.38
1,672.27 200.00
16,512.09
1,747.69 12,630.84
7,290.17

Transfers

Cash Balance Tune 3 0 ,1 9 6 0

$ 1 , 1 0 0 . 0 3 (T) $

897.19

1,089.16

837.89

1,437.08

427.39

2,205.46 3.71 1.96
23,139.20 1,401.66 168.49

1 1 , 2 0 2 . 54(T)

5,949.95
3,923.70
348.00 857.88 1,381.56 722.43 45,294.41 15,490.91
10.29 31.55
4.75

3 1 3 .3 0 (T)

18.14 12,527.87
1,324.97 61.70
910.44 128.66 45,045.06
76.98 242.23 278.68 343.41 502.50 500.00 1,609.36 4,890.58 150.07

110

if* -V' 4 k
1 r
f #*
vl
R at
11/Iv'jl
fT
x4 11r

>1 'm. -1* R *B p -p * m Sk
A V
vR
ITl X i m y,, vm .
A
vS WK v l
v l
>/ ft

i1
-V1'] ri
1f Mr
!\
R 3P*
S til Li
L r
1 1fl i
S3 fl i m
h
i /Y,A3 .
Jr
f ii
#' 4 *
i I 1r *
Ww
Mr
ijl1 Y VL Vf pl Y
1i RJ i *
<- J i >
ii
H Jrv . |
i
vT
T
*W

UNIVERSITY OF GEORGIA

Schedule G (Continued)

STATEMENT OF AGENCY FUNDS (Continued)

Jazz Society Journalism Deans Funds Kappa Alpha Kappa Kappa Gamma Kappa Alpha Theta Kappa Delta Kappa Psi Kappa Sigma Bldg. Fund Landscape Arch. Extension Laundry Lectures Little, Ilah Dunlap Machado Bros. Found. McFathers, E. O ., Jr. Military Deposits Military Account Fee Model Fees Mortar Board Movie Project Music National Guard Assn. Na, Alice Panhellenic Council Phi D . Thesis Pharmacy Deans Fund Pharmacy History Phi Beta Pi Phi Delta Theta -Rents Phi Delta Theta-Bldg.Fund Phi Delta Theta Operations Phi Epsilon Pi Physics Breakage Pi Kappa Alpha Phi Mu Portrait Account Plans Deposits President's Fund Public Occasions Religious Activities Reserve for Red & Black Radio Corp. of America Sales Tax.-An.Husbandry Sales Tax.-Bur.Bus.Rsch. Sales Tax - Cont.Educ. Sales Tax - Creamery Sales Tax - Dining Halls Sales Tax - Forestry Sales Tax - Horticulture
Sales Tax-Inst.Law & Govt.

Cash Balance

Tulv 1 ,1 9 5 9

Receipts

$

10.84 $

21.71

269.77

292.45

(-J44.90

8,742.50

(--) 5 4 .9 0

225.00 279.90

260.34 25.00

375.00 5,152.00

852.82

13.50

7,505.15 408.64

111,641.16 999.00

1,600.00

600.00

18,069.97 5,585.42 4.36

1,000.00 88,824.04
1,797.10

525.20 3,635.94 6,639.95

1,234.59 2,004.48 15,707.61

80.00 1,204.84
606.80 1,345.20
543.24

500.00 17.00
3,046.00 450.00 300.00

607.13 10.00
1,370.97 32.50 61.81

225.00 8,998.57
235.00 2,500.00 2,015.00

130.00

3,705.00

182.20

225.00

282.45

20.00

788.65 1,094.66

525.24 7,024.00

100.00

.10 .47 3,330.53 167.79 14.39

19.63 16.50 14,587.02 2,947.02 3,470.29

18.22 47.41

17.70 193.37

4.25

50.33

Disbursements

$

32.55

128.30 8,614.11

225.00 225.00 375.00

4,902.00

111,011.98 728.34

1,000.00 88,792.72
2,580.79
1,469.27 1,638.82 17,485.44
500.00 97.00
1,953.50 325.00 539.70 399.38 225.00
8,866.65
2,959.26 2,047.50
.51 3,770.00
225.00
20.00
525.24 6,789.93

14.25 15.28 12,686.36 2,845.40 3,121.61 17.16 183.79
52.65

Transfers $

Cash Balance June 30, 1960
$ 433.92 83.49

25.00(T) 8 6 6 .3 2 (T)
1 , 6 0 0 . 0 0 (R)

510.34
8,134.33 679.30 600.00

18,101.29 4,801.73 4.36 290.52 4,001.60 4,862.12

2,297.34 731.80
1,105.50 143.86

2 2 5 .0 0 (R)

739.05 20.00
911.71

61.30 65.00

182.20

282.45

1,022.72 1,094.66
100.00 5.48 1.69
5,231.19 269.41 363.07 18.76 56.99
1.93

ill

UNIVERSITY OF GEORGIA

Schedule G (Continued)

STATEMENT OF AGENCY FUNDS (Continued)

Sales T ax-M eat Curing Sales Tax-Military Sales Tax-Press Sales Tax-Printing Sales Tax-Student Center Sales Tax-Univ.Stores Sales Tax-Univ. Theatre Sanchez, Gilberto Shorter Fund Sigma Chi Bldg. Fund Sigma Chi Fraternity Sigma Chi Memorial Fund Sigma Delta Tau Sigma Nu Fraternity State Science Fair Student Act. Cont. Ed. Student Activities-Dir. Student A ct. -General Student Clubs Student Faculty Teas Student Fund Deans Office Student Papers Student Center Study of G a. Negro Tau Epsilon Phi Frat. Tau Epsilon Phi Bldg. Acct. Towell Deposit Traffic Fine Typing Vet Thesis Univ. Band Univ. Found.Sta.Wagon Univ. Theatre Vending Machine Vet. Hygiene Vet. Medicine Library Villavicencio, R. Voc. Rehab. W . S . G a. Fund Wong, Anthony K. Workshop Zeta Tau Alpha

Cash Balance Tulv 1, 1959

Receipts

$

166.19 $

31.24 505.97

61.13 24.04

102.40 199.47

6.72

87.73

3,399.23

13,970.74 152.19

750.00 116.94
1,510.25 1,741.90 1,966.00
619.66 2,765.40
208.65 26,103.32
2,132.54

850.00
7,670.00
3,196.00 8,839.40
5,415.00 5,748.00

25,877.45 206.50 10.16

160,235.20 2,799.00

4,900.71 4,035.82 9,290.51
175.00 1,809.03
829.25 1,692.01 10,100.24
279.71 229.56

3,199.00 28,650.00
893.00
6,233.50 31.25
2,458.00 30,766.19
4,979.61

3,156.61 149.15
(-)45.00 440.57
345.65 340.62

1,071.58 7,638.99
63.39 45.00 130.00 750.00 497.00 746.50

552.00

500.00 69.00

150.00

Disbursements

$

30.99

490.79

101.46 181.58

81.17

13,683.59 148.21

750.00

608.60

8,677.93 1,800.00 2,886.17 11,332.27 1,329.78
299.76 4,867.12 142,385.66 2,701.00
10.15 5,606.23 28,650.00 1,403.36

7,092.79

2,032.02 10,849.14

5,204.15 398.67
5,027.04 212.54

167.83 500.00 497.00 286.82 500.00 132.69 150.00

Transfers $

Cash Balance

June 30, 1960

$

166.44

15.18

62.07

41.93

13.28

3,686.38

3.98

1 , 5 1 0 . 2 5 (R)
8 6 0 . 5 0 (R) 2,736.00(T)

358.34
733.97 166.00 929.49 272.53 (-)l, 121.13 31,218.56 3,013.42 43,726.99 304.50
.01 2,493.48 4,035.82 8,780.15
175.00 949.74
2,117.99 27,281.29
279.71 5.02
672.91 5,768.56

402.74 250.00 345.65 800.30
488.31

Sub-Total

$343,526.14 $ 954,386.47 $ 907,590.68 $20,438.94 $369,882.99

Retirement -Employee s Retirement -Teachers Social Security Withholding T ax -U .S. Withholding Tax-State

21.40 34,492.56 42,482.26 98,749.10

266.40 277,088.73 317,947.25 864,768.69
10,930.83

265.60 273,671.32 313,621.64 848,314.84
.11

22.20 37,909.97 46,807.87 115,202.95
10,930.72

Totals

$519,271.46 $2,425,388.37 $2,343,464.19 $20,438.94* $580,756.70

t r a n s f e r s to: Plant Funds $ 1 1 ,2 2 7 .5 4 ; Educational & General $ 5 ,0 1 5 .6 5 ; Refunds $ 4 ,1 9 5 .7 5 / Total $ 2 0 ,4 3 8 .9 4

112

UNIVERSITY OF GEORGIA

Schedule H

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

For Plant Additions

For Debt Service

Total

BALANCE, JULY 1, 1959

$3,434,931.82 $

$3,434,931.82

ADDITIONS Rents - General Fire Loss Total General Gifts Alpha Chi Alpha Epsilon Pi Kappa Sigma Pi Kappa Alpha USPH Science Center Little Hah Estate O .T .S. Chi Psi State Dept. fo rT .V . Studio TOTAL GIFTS
Sale of Equipment & Property

$ 15,261.15 $ 216.14
$ 15,477.29 $
50.00 500.00 6,278.82 310.50 249,657.00 3,000.00 110.00 28,757.96 55.000.00 $ 343,664.28 $
$ ( 426.00 $ (30,223.82

$ 15,261.15 216.14
$ 15,477.29
50.00 500.00 6,278.82 310.50 249,657.00 3,000.00 110.00 28,757.96 55.000.00 $ 343,664.28
$ ( 426.00 (30,223.82

Interest on Temporary Investments Science Center Bldg. Auth. General TOTAL INTEREST

$ 72,022.21 $ 129,372.04
$ 201,394.25 $

$ 72,022..21 129,372..04
$ 201,394..25

Board of Regents Allocations Distib.System North Campus Plant Operations Bldg. Sprinkler Lumpkin House Terrell Hall LeConte Hall TOTAL REGENTS

$ 12,000.00 $ 15,000.00 15,000.00 60,000.00 27,000.00
$ 129.000.00 $

$ 12,000.00 15,000.00 15,000.00 60,000.00 27,000.00
$ 129,000.00

TRANSFER FROM EDUC. & GEN. & RESTRICTED

Jk

Transfer to Trust (Lucy Bishop)

$ 11,400.00 $

$ 11,400.00

For Tennis Courts

14,000.00

14,000.00

For Plant Operations Equipment

50,175.00

50,175.00

Modern Language Equipment

35,521.00

35,521.00

Moore College Restricted

3,178.00

3,178.00

For Moore College

3,822.00

3,822.00

Vet. Med. Annex (Restricted)

61.000.00

61,000.00

TOTAL TRANSFER FROM EDUC. & GENERAL

$ 179,096.00 $

$ 179,096.00

TRANSFER FROM AUXILIARY ENTERPRISES For Debt Service H .H .F .A . Dorms - Site Improvement TOTAL TRANSFER FROM AUXILIARY FUNDS

$

$292,133.34

65.000.00

$ 65.000.00 $292.133.34

$ 292,133.34 65,000.00
357,133.34

113

UNIVERSITY OF GEORGIA

Schedule H (Continued)

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

ADDITIONS (Cont'd) TRANSFERS FROM TRUST FUNDS Chi Psi TOTAL TRANS. FROM TRUST FUNDS
TOTAL ADDITIONS

For Plant

For Debt

Additions__________ Service___________ Total

$ 70,000.00 $ 70.000.00
X $1,034,281.64

$ $
$292,133.34

$ 70,000.00 $ 70,000.00
$1-,3 2 6 ,4 1 4 .9 8

DEDUCTIONS LAND Baxter Street H.H.F.A. Lumpkin Street TOTAL LAND

$ 66,908.20 $ 104,618.81 38.857.26
$ 210,384.27 $

$ 66,908.20 104,618.81 38,857.26
$ 210,384.27

BUILDINGS & ADDITIONS TO BLDGS. Alpha Epsilon Pi Alpha Tau Omega Chi Psi Gilbert Mem. Infirmary-State Garage - Plant Operations Kellogg Center-Other Kellogg - Surplus Kellogg - Kellogg H .H .F .A . Dorms Lumpkin House S ta tis tic a l Br. Science Center State Dept. Educ. - T.V. Studio Science Center - M isc. Construction Science Center - Library TOTAL BLDGS. & ADDITIONS TO BLDGS.

$ 25,531.54 $ 677.99
98,757.96 211.79
15,999.29 10,505.78 43,558.03 112,069.88 65,000.00 15,000.00 1,604,813.78
7,712.87 11,120.71 35.077.26 $2,046,036.88 $

$ 25,531.54 677.99
98,757.96 211.79
15,999.29 10,505.78 43,558.03 112,069.88 65,000.00 15,000.00 1,604,813.78
7,712.87 11,120.71 35,077.26 $2,046,036.88

IMPROVEMENTS OTHER THAN BLDGS.

Gas Main

$

4,075.88 $

Electrical Distribution System-North Campus

8,202.87

Heating System - State

2,982.99

Landscaping Science Center

85,311.74

Plant Operations - Sprinkler

15,000.00

TOTAL IMPROVEMENTS OTHER THAN BLDGS. $ 1 1 5 . 5 7 3 . 4 8 $

$ 4,075.88 8,202.87 2,982.99
85,311.74 15.000.00 $ 115,573.48

EQUIPMENT Arts & Scien ces - State Law School - Other Science Center Band - Other Student Center - Mem.Hall. Instructional Snelling Hall Fine Arts Draperies Plant Operations Vet Medicine Truck State Dept - Cont. Educ.
TOTAL EQUIPMENT

$

523.03 $

271.68

186,776v88

3.944.9

193.00 29,202.09
2,035.63 1,501.89

457.18 *
3,273.50 6,415.94

$ 234.595.01 $

$

523.03

271.68

186,776.88

3,944.19

193.00

29,202.09

2,035.63

1,501.89

457.18 3,273.50 6.415.94
$ 234.595.01

UNIVERSITY OF GEORGIA

Schedule H (Continued)
STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)
DEDUCTIONS (Cont'd) REPAIRS Barracks - Other Brown Dorm. Clark Howell - Other Commerce Journalism - State Conner Hall - State Military Bldg. - State Moore College - State Payne Hall Science Lab. - Other Soule Hall - Other Vet. Medicine - Incinerator - State TOTAL REPAIRS
TOTAL EXPENSE

For Plant Additions

$

1,066.62

229.08

4,656.79

6,267.72

234.92

5,172.77

68,573.93

592.08

559.56

2,897.81

1,806.25

$ 92,057.53

$2, 698,647.17

TRANSFERS To Trust Funds
TOTAL TRANSFERS

$ 11,400.00 $ 11,400.00

DEBT SERVICE Interest on Indebtedness Indebtedness Retired
TOTAL DEBT SERVICE
TOTAL DEDUCTIONS

$
$ $2,, 7 1 0 , 0 4 7 . 1 7

BALANCE, JUNE 30, 1960

$1,759,166.29

For Debt Service $
$ $ $ $ $ 17,437.94
274,695.40 $292,133.34 $292,133.34 $

Total

$

1,066.62

229.08

4,656.79

6,267.72

234.92

5,172.77

68,573.93

592.08

559.56

2,897.81

1,806.25

$ 92.057.53

$2,698,647.17

$ 11.400.00 $ 11,400.00

$ 17,437.94 274,695.40
$ 292,133.34 $3,002.180.51
$1,,7 5 9 ,1 6 6 .2 9

115

UNIVERSITY OF GEORGIA

Schedule H -l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Balance July 1. 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

LAND Baxter Street HHFA Lumpkin Street TOTAL LAND

109,488.95 (-)4.260.45 $ 105,228.50

BUILDINGS

Alpha Chi Omega

!

Alpha Epsilon Pi Alpha Tau Omega Chi Psi House

25, 031.54 677.99

Kappa Sigma House

Leconte Hall

Architect's Fees Lumpkin House - S t a t .I n s t .

1,821.59

Gilbert Mem.Inf. Kellogg Center Other Kellogg Center Kellogg

3, 864.26 10, 505.78 196, 700.24

Kellogg Center Cont. Ed. Surp. 59, 916.00

Architect Fees Sci.C tr.

11, 152.14

Pi Kappa Alpha

O .T .S . House

Warehouse State Kellogg Center Museum Garage Plant Oper. State (Science Center-Mi sc. Const.

17, 334.00 3, 053.14
41, 900.00 48, 591.76

(

(Science Center-Library

(Science Center,Physics, Math,

(

etc.

2,540, 481.85

State D ept. Educ. -TV Studio

Terrell Hall

Vet. Med. Annex

________

TOTAL BUILDINGS

$2,961,030.29

IMPROVEMENTS OTHER THAN BLDGS.

Heating System State $

2,, 9 8 2 , . 9 9

Heating System Stegeman

88,,000..00

Gas Main

4,,719..42

Athletic Fence State

1,, 106.,03

Elec. Dist.System-N.Campus

Lustrat-Little (Landscaping)

Landscaping Sci.Ctr.

59, 198.,50

Plant Op.-Sprinkler

Tennis Courts

TOTAL IMPROV. OTHER

THAN BLDGS.

$ 156,006.94

50.00 500.00 28,757.96 6, 278.82 2 7 . 0 0 0 . 00 1 5 .0 0 0 . 00
310.50 110.00
72,022.21 14,650.00 60,000.00 $224,679.49
$
12,000 .00 3,000 .00
15,000. 00
$ 30,000.00

66,908.20 104,618.81
38,857.26 $ 210,384.27
25,531.54 677.99
98,757.96
15,000.00 211.79
10,505.78 112,069.88
43,558.03

15,999.29 11,120.71
35,077.26
1,669,813.78 7,712.87

$2.046.036.88

$

2,982,.99

4,075,.88

8 , 2 0 2 , .87

8 5 , 3 1 1 . .74 1 5 , 0 0 0 . ,00

$ 115,573.48

$(-)67,422.50(U) $

514.30

4, 870.14

5, 582.29

$4116,122.50

10, 966.73

50.00

(--) 7 0 , 0 0 0 . 0 0 (TR)
2 5 0 , 0 0 0 . 0 0 (T) (-)2 4 3 , 2 0 0 . 0 0 (BA)
(-) 7 1 , 8 0 0 . 0 0 (BA) 3 6 5 , 8 0 8 . 0 7 (BA)
$ 169.808.07

6, 278.82 27, 000.00
1, 821.59
3, 652.47
84, 630.36 16, 357.97 11, 152.14
310.50 110.00 17, 334.00 3, 053.14 25, 900.71 30, 671.05
36, 722.74
576, 882.21 6, 937.13
60, 000.00 61. 000.00 969. 864.83

$

$

( - ) i o o , ,0 00,00 (T) (-H 4 ,,000,.00 (EG) $^114.000.00

88,000,.00 643,.54
1,106,.03 3 , 7 9 7 ,,13 3 , 0 0 0 ..00 73,886.,76
1 4 .0 0 0 .,00

*1 v)
v - 1*1l *
m
11 dI Y': H i t
Jpl v j l
ill
II J
w Xj
y f*
E ** V. - w

116

m \
A
if
mm rM l
rtf "H

UNIVERSITY OF GEORGIA

Schedule H -l (Continued)

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (Continued)

Balance luly 1. 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

EQUIPMENT Student Center S c i. Ctr. -Bldg.Auth. Sci.Ctr.

$

1,597.28

32,079.66

$ 249,657.00

Law School Other Band - Other Chapel Draperies Mod.For. Lang. -Lab Fine Arts Draperies Plant Operations Snelling Hall State Dept.-Cont.Ed. Vet. Medicine-Truck

1,208.86 4,198.99
267.00
1,990.26
2,035.63

40,350.00

STATE Ag. College Arts & S cie n ce s Instructional TOTAL EQUIPMENT $

REPAIRS

State

Conner Hall

$

Architect's Fees

Elec.Eng. Fees

Moore College

Commerce-Journalism

Military Bldg.

Vet. Med. Incinerator

Other

Barracks

Candler Hall

Clarke Howell

Science Lab.

Soule

Payne Hall

Brown Dorm.

Moore College

550.32 523.03 36,460.86 80.911.89
234.92 48.67
341.57 70,000.00
6,267.72 8,785.24 10,000.00
7,262.33 1,956.75 8,915.46 2,773.55 2,897.81 3,300.00
229.08

$290.007.00 $

TOTAL REPAIRS TOTAL EXPENDITURES

$ 123,013.10 $3.426,190.72

$ $544.686.49

Transfer to Trust Funds $

TOTAL EXPENSE

$3,426,190.72

UNALLOCATED BALANCE

8,741.10

TOTAL PLANT

$3,434,931.82

$ $544,686.49
175,499.15 $720,185.64

$

193.00 $

$

1,404.28

178,190.36

103,546.30

8 , 5 8 6 . 5 2 ( ( - ) 1 5 0 , 0 0 0 . 0 0 (T)

257,221.55

( (-) 1 1 5 , 8 0 8 . 0 7 (BA)

271.68

937.18

3,944.19

254.80

267.00

(--) 3 5 , 5 2 1 ,00(EG)

35,521.00

1,501.89

488.37

457.18

(- )5 0 , 1 7 5 .0 0 (EG)

49,717.82

2,035.63

6,415.94

33,934.06

3,273.50

( - ) 4 , 0 0 0 . 00(T)

726.50

523.03 29.202.09 $ 234,595.01

5 5 0 . 3 2 (T)
(-)550.32(T) $9355.504.07

7,809.09 $ 491,827.95

$

234.92

68,573.93 6,267.72 5,172.77 1,806.25
1,066.62
4,656.79 559.56
2,897.81 592.08 229.08

$ 92,057.53 $2,,6 9 8 ,6 4 7 .1 7 $ 11.400.00 $2,710,047.17

P i 710.047.17

$

$

48.67

341.57

1,426.07

4, 0 0 0 . 00(T)

3,612.47 4,193.75

6,195.71 1,956.75 4,258.67 2,213.99

2,707.92

(-)3, 178.00(EGR)

(-)3.822.00(EG)

$ (-)3,000.00

$

7.000.00 33.955.57

$9418.818.50

$1,691,048.54

$(-) 1 1 , 4 0 0 . 0 0 (EG) $

$9430,218.50 116.122.50iU)
$9314,096.00*

$1,691,048.54 68,117.75
$1,759.166.29

EG Educ. & General $ 1 1 4 ,9 1 8 .0 0 / Total $ 3 1 4 ,0 9 6 .0 0 ,

117

Schedule H-2

UNIVERSITY OF GEORGIA
SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1960

INVESTMENT IN PLANT, JULY 1, 1959

$34,611,573.78

ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs not Capitalized Expended from Educ. & General Expended from Continuing Education Expended from Auxiliary Enterprises Expended by Univ. System Building Auth.

$ 2,698,647.17 92,057.53
$ 616,213.75 19,928.79 33,416.36
1,891,168.39

$ 2,606,589.64 2,560,727.29

TOTAL ADDITIONS

5,167,316.93

TOTAL INVESTMENTS IN PLANT JULY 1, 1959, PLUS ADDITIONS

$39,778,890.71

DEDUCTIONS DURING YEAR Sale of Equipment & Demolished Educational & General Plant Funds Continuing Education

Bldgs.

1,159.32 30,649.82
277.86

TOTAL DEDUCTIONS

32,087.00

INVESTMENT IN PLANT JUNE 30, 1960

$39,746,803.71

DEDUCT: PLANT INDEBTEDNESS Due to Univ. of Ga. Trust Funds Equity of Univ. System Bldg. Auth.

$ 1,079,815.94 7,301,593.93

8,381,409.87

NET INVESTMENT IN PLANT

$31,365,393.84

Vi }
#4 f Um

118

*1
v: r
vJ
-V 9
y; - J * v # V
r
m

UNIVERSITY OF GEORGIA

Schedule H-3

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

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 HHFA College of Agric. 150 Acres Coordinate Campus 1 8 + Acres Baxter Street Lumpkin Street

Year Acquired
1804 1937-38 1937-42
1949 1955 1955 1959 1928

Investment Beginning Of Year

$

55,500.00

19,500.00

31,388.00

7,000.00

46,879.25

6,652.75

113,185.55

45,000.00

45,600.00

Additions

Deductions

$

$

104,618.81
66,908.20 38,857.26

1,255.63

TOTAL CAMPUS

$ 370.705.55 $ 210.384.27 $ 1.255.63

Off-Campus

150 Acres (Denmark)

1944

$

7,500.00 $

$

870 Acres

1928

32,650.00

1875 Acres (Whitehall)

1936

17,570.00

462 Acres (Hardman)

1936

2,500.00

657 Acres (Watson)

1933

9,000.00

120 Acres (Wood Fleming)

1953

13.858.31

TOTAL OFF-CAMPUS

$ 83.078.31 $

$

TOTAL LAND

$ 453,783.86 $ 210.384.27 $ 1,255.63

Inve stment End of Year

$ 55,500.00 19,500.00 31,388.00 7,000.00 46,879.25 6,652.75
217,804.36 45,000.00 45,600.00 65,652.57 38,857.26
$ 579.834.19

$

7,500.00

32,650.00

17,570.00

2,500.00

9,000.00

13,858.31

$ 83,078.31

$ 662.912.50

Franklin Campus Academic Alpha Epsilon Pi Alpha Tau Omega American Legion Property Art Classroom Atlhetic Office Baldwin Hall Boiler Room Brown Dorm Industrial Arts Candler Hall Chapel Chemistry Annex Clarke Howell Clarke Howell Wings Commerce-Journalism Costa Building Chi Psi House-Lumpkin Chi Phi House-Lumpkin St. Demosthenian Hall Denmark Hall

1904 1958 1959 1955 1948 1929 1938 1948 1932 1948 1901 1855 1948 1937 1951 1927
1960 1956 1824 1901

$ 180,270.01 114,335.46 73,968.01 78,344.00 24,144.35 1,000,00 287,872,74 2,565.00 150,000,00 29,622.05 101,356.71 40,000.00 48,360.44 46,888,00 283,638.33 524,646.12 25,146,25
30,000.00 15,000.00 50,000.00

25,531.54 677,99
98,757.96

, 270.01 ,867.00 ,646.00 ,344.00 ,144.35 , 000.00 ,872,74 ,515,00 , 000.00
,622.05 ,356.71
,0 0 0 .0 0
,360.44 , 888.00 ,638.33 ,646.12
146.25 ,757.96
,000.00 , 000.00 , 000.00

119

Schedule H-3 (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Acquired

B. BUILDINGS (Cont'd) Franklin Campus (Cont'd)

Field House A

1929

Field House B

1929

Fine Arts

1941

Art Center

1960

Garage & Shop

1942

Graduate Dorm. (KA House)

1940

Greenhouse

1948

HHFA Dorms.

1958-60

Hirsch Law

1932

Hawkes House-Hull St.

1956

Infirmary (Gilbert)

1942

Language & Letters (Park H.) 1938

Law & Grad. Dorm (Bldg. Auth, ) 1957

LeConte Hall

1937

Library-Peabody(Art Museum) 1903

Library-Art Museum

1955

Lumpkin House

1850

Library-Annex (Air ROTC)

1948

Lumpkin House Annex

1950

Lustrat House

1947

Meigs Hall

1905

Memorial Hall

1923

Memorial Hall Additions

1955

Memorial Hall

1953-54

Military Bldg.

1931

Milledge Hall

1921-39

Student Center-Arch. Fees

Ilah D. Little Mem.Lib.(BA)

1953

Payne Hall

1940

Payne Hall

1951

Moore College

1874

New College

1823

Old College

1801

Parsons' Apts.

1959

Peabody Hall Phi Delta Theta

1913 1955

Phi Kappa Hall Printing Shop Waddell Hall
Reed Hall (Bldg. Auth)
Residence-325 Jackson Residence-365 Jackson Residence-375 Jackson Residence-385 Jackson Residence-393 Jackson Residence-297 Jackson Science Center-Library Science Center

1834 1951 1807
1953 1937-42
1942 1937-42 1937-42 1937-42 1937-42
1960 1955-58

Inve stment Beginning Of Year

$

2,000.00

1,000.00

365,200.00

13,811.38 70,600.00 19,038.59 54,333.60 175,522.48
7,700.00 279,002.00 148,000.00 366,678.62
95,300.00 160,681.96
70,042.95 11,828.07 43,137.34
800.00 11,000.00 60,000.00 386,721.52 512,100.01 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 54,390.28 101,087.11 112,693.00
10,000.00 14,702.74
5,000.00
1,081,821.54 3,000.00 4,500.00 3,500.00 3,000.00 2,500.00 2,500.00

2,800.00

Additions______ Deductions
$
104,035.58 934,130.23
211.79
35,077.26 11,120.71

Investment End of Year

$

2, 000.00

1, 000.00

365.200.00

104,035.58

13,811.38

70.600.00

19,038.59

988,463.83

175,522.48

7.700.00

279,213.79

1 4 8 .0 0 0 . 00

366,678.62

95.300.00

160,681.96

70,042.95

11,828.07

43,137.34

800.00

11, 000.00

60,000.00

386,721.52

512.100.01

20.015.00

2 5 .0 0 0 . 00

150.000.

00

5.760.00

1,870,046.73

9 2 . 0 0 0 . 00

362,221.23

78,366.29

83,125.65

101,356.72

54,390.28

101,087.11 112,693.00

10. 0 0 0 . 00 14,702.74
5 . 0 0 0 . 00
1,081,821.54 3 . 0 0 0 . 00 4.500.00 3.500.00 3 . 0 0 0 . 00 2.500.00 2.500.00 35,077.26 13,920.71

120

s 'J*
I
vm
4
A
il s
Jfr / l *
A
Ir
*X
./I
* *
i#
Vi
V.1+
I
vA
*A
A
nr

UNIVERSITY OF GEORGIA

Schedule H -3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Acquired

B. BUILDINGS (Cont'd)

Franklin Campus

Science Center-Chemistry Science Center-Animal Sc.

1958 1958

Science Center-Physics

1958

Science Center-Math-Geo.Geol.1958

S c i . C t r . - B i o l o g i c a l S c . (BA)

1958

S c i . C tr. -Food T e c h . (BA) Stegeman Hall

1958 1943

Stegeman Hall Storeroom - Ja ck s on Law Institute Sigma Chi Tau Epsilon Phi Terrell Hall

1953-58 1938 1856
1956-58-9 1956 1904

Woodruff Hall

1924

Warehouse-Bookhouse Warehouse-Jackson St. Lumpkin St. Property

1955 1951 1952-58

Investment Beginning Of Year
$ 2,084,774.83 1,020,540.00 1,509,041.76 878,950.67 1,567,099.76 827,416.40 438,665.09 224,334.91 2,000.00 12,802.48 140,756.75 92,550.00 90,000.00 75,000.00 4,466.00 6,000.00 351.162.52

TOTAL FRANKLIN CAMPUS

$18.476.603.45

President's Garage President's Home

1956

$

2,000.00

117.876.82

Additions

Deductions

$ 314,550.66 $ 118,891.14
3,374.15 494,883.31 1,165,086.21 414,793.30

$3,721.121.83 $

28,968.19 $28.968.19 $

College of Agriculture E Jtension Annex Barracks (Fain)A Barracks (Dudley) B Barracks (Griggs)C Barrow Hall Barraw Hall Annex (BA) Alpha Chi Omega Barrow Ha 11-Shop Boiler House C Cafeteria (Snelling) Camp W ilkins Conner Hall Dairy Products Dawson Hall Field House Forestry Garage Near Poultry Bldg. Garage Near 1195 Lumpkin Garage Plant Operations Greenhouse (Veg. &Flowers) Greenhouse (Research) Hardman Hall Hoke Smith Ext.
Home Management A

1940 1942 1942 1942 1911 1955 1955 1936 1948 1940 1925 1908 1930 1932 1943 1940 1913
I960 1914 1948 1919 1938 1940

$

50,000.00

$

$

60,000.00

30,000.00

30,000.00

75,000.00

94,225.25

152,254.44

8,000.00

9,000.00

133,000.00

40,000.00

200,000.00

120,716.00

187,035.85

54,336.61

122,000.00

200.00

200.00

15,999.29

5,300.00

46,227.01

45,000.00

78,300.00

15,000.00

Investment End of Year

$ 2,399,325.49 1,139,431.14 1,512,415.91 1,373,833.98 2,732,185.97 1,242,209.70 438,665.09
224,334.91 2,000.00
12,802.48 140,756.75
92,550.00 90,000.00 75,000.00
4,466.00 6,000.00 322,194.33

$22,168,757.09

$

2,000.00

117,876.82

$

50,000.00

60,000.00

30,000.00

30,000.00

75,000.00

94,225.25

152,254.44

8,000.00

9,000.00

133,000.00

40,000.00

200,000.00

120,716.00

187,035.85

54,336.61

122,000.00

200.00

200.00

15,999.29

5,300.00

46,227.01

45,000.00 78,300.00

15,000.00

121

Schedule H-3 (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF INVESTMENT IN PLANT (Continued)

B. BUILDINGS (Cont'd) College of Agriculture (Cont'd) Home Management B Home Management C Home Management D Kellogg Center
T.V. Studio-State Dept.Ed. Laundry Dry Cleaning Plant Boiler Room Gas House Repair Shop Lumpkin Hall Myers Hall(Bldg.Auth.) Mary Lyndon Hall Mary Lyndon Hall Nursery School Physical Education Poultry D isease Residence-223 Burnet St. R e sid ence-225 Burnet St. R esid en ce-245 Burnet St. Livestock Shelter ROTC Classroom Rutherford Hall Rutherford Hall Sheep Barn Shop-Grounds Shop-Vet Housing Soule Hall Vet. C linic #1 Vet. Clinic #2 Vet. Medicine Warehouse, Vet. Housing Warehouse #1 on R.R . Warehouse #2 on R.R. Warehouse Warehouse Office. -P I. Op.

Year Acquired
1940 1940 1940 1954-55 1960 1942 1942 1942 1942 1942 1829-1960 1953 1937 1954 1940 1929 1953-54 1929 1929 1929
1948 1939 1954 1953-54
1955 1919 1948 1948 1948-53 1958 1948 1948 1952 1958

Investment Beginning
Of Year

$

15,000.00

15,000.00

15,000.00

2,861,612.33

30,500.00 4,500.00 4,000.00 500.00 500.00
10,000.00 1,313,889.41
102,400.00 32,800.00 35,000.00
153,262.76 3,795.89 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 5,787.79
125,000.00 18,000.00 12,015.20
1,885,286.76 12,212.21 9,000.00 9,000.00 22,000.00 55,666.00

TOTAL COLLEGE OF AGRICULTURE

$ 8,501.441.67

Farms

2 H ou ses, Potato Curing Ag. 1941

$

2 Houses, Potato Curing

1941

1 House, Instrument

1941

1 House, Tool

1941

1 House, 10 x 16

1946

1 House, Equipment 1 House, Experiment

400.00 680.00
50.00 200.00 400.00
1,000.00 300.00

Additions

Deductions

$

$

166,133.69 7,712.87

15,000.00

15.000.00 $ 219,845.85. $

$

$

Investment End of Year

$ 15,000.00 15,000.00 15,000.00
3,027,746.02 7,712.87
30,500.00 4,500.00 4,000.00 500.00 500.00
25,000.00 1,313,889.41
102,400.00 32,800.00 35,000.00
153,262.76 3,795.89 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 5,787.79
125,000.00 18,000.00 12,015.20
1,885,286.76 12,212.21 9,000.00 9,000.00 22,000.00 70,666.00
$ 8.721.287.52

$

400.00

680.00

50.00

200.00

400.00

1,000.00 300.00

122

fm MS*

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

B. BUILDINGS (Cont'd) Farms (Cont'd) Garage & Shed-Hort. 5 Dwellings-Hort. Machine Shed & Shop-Hort. Nursery Bldg. -Forestry Residence B-Near Dairy Barn Office - Hort. Storage Shed.-Hort. Sweet Potato House-Hort. Veg. Grading House itson Springs Storage House-Forestry Hou se -Fore stry Store House #2-Forestry litehall Barn-Agronomy Dwelling -Agronomy Field Shed A-Agronomy Field Shed B-Agronomy Storage House-Agronomy Storage House-Agronomy Tennant House A-Agronomy Tennant House B-Agronomy Tennant House C-Agronomy Tennant House D - Agronomy Tool House (Large)Agron. Tool House (Small)Agron. Barn A-Animal Husb. Barn B-Animal Husb. Barn-Feed & Scales 4 Hog Houses 5 Hog Houses 2 Tennant Houses 2 Tennant Houses Barn, Brick-Forestry Dwelling, Brick-Fore stry Barn, Dairy-Animal Barn-Hog-Animal Husb. Barn-Horse-Animal Husb. Barn-I solation-A n. Hus b . Barn-Mule-Animal Husb. Bullpen-An. Husb. Implement Shed-An.Husb. Office-Foreman's-An. Husb. Residence A - Carlton Ave. Residence B-Carlton Ave. Residence Duplex An.Husb.

1936 1944 1938-39
1912 1935 1941 1942 1943
1933 1933 1933
1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1936 1915
1923 1934 1934 1920 1927
1915 1912

Residence A-Near Dairy Barn 1912

Investment Beginning
Of Year

$

600.00

10,000.00

700.00

600.00

900.00

300.00

600.00

1,500.00

1,200.00

100.00 1,000.00
100.00

1,000.00 500.00 200.00 50.00 15.00 15.00
2,000.00 1,000.00
400.00 300.00 400.00
30.00 300.00 500.00 1,500.00 2,000.00 125.00 2,000.00 3,000.00 600.00 5,500.00 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

Additions

Deductions

Investment End of Year
600.00 10, 000.00
700.00 600.00 900.00 300.00 600.00 1.500.00 1. 200.00
100.00 1, 000.00
100.00
1, 000.00 500.00 200.00 50.00 15.00 15.00
2, 000.00 1,000.. 00
400.00 300.00 400.00
30.00 300.00 500.00 1.500.00 2, 000.00 125.00 2, 000.00 3 . 0 0 0 . 00 600.00 5.500.00 40,000.00 1.500.00 4 . 0 0 0 . 00 1. 200.00 3 . 0 0 0 . 00 600.00 1. 0 0 0 . 00 250.00 600.00 600.00 1, 200.00 900.00

123

m

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Acquired

B. BUILDINGS (Cont'd)

Farm (Cont'd)

Whitehall (Cont'd)

Residence C-Near Dairy Barn 1915

Residence-Near Railroad

1909

Scale Shed-Animal Husb.

1929

1 Brooder House, 16 x 18

1940

1 Brooder House, 18 x 16

1940

1 Brooder, 16 x 46 1 Brooder, 16 x 18 6 Brooder Houses, 14 x 16

1940 1940 1940

6 Brooder Houses, 12 x 14

1940

3 Brooder Houses, 15 x 16

1940

3 Brooder Houses, 16 x 20

1940

2 Brooder Houses, 20 x 20

1940

1 Brooder & Inc. Bldg.

1940

1 Brooder House 24 x 11

1943

1 Feed & Lab. Bldg.

1942

Grading & Pa eking-Poultry

1942

Killing & Dressing-Poultry 59 Laying Test Bldg. 12 x 14

3 Laying Houses 20 x 50

1 Laying House 20 x 50

6 Laying Houses 14 x 24

1 Laying House 12 x 14

10 Range Houses 11 x 12

1 Residence - Poultry

Hardeman Main Forest Dwelling 1936

Barn-Forestry

1936

Oconee. & Denmark Barn-Hort. 1936

House #1 - Forestry

1936

House #2 - Forestry

1936

House #3-Forestry

1936

House #4 - Forestry

1936

Shed-Forestry

1936

Barn-Poultry

1936

Dwelling A-Poultry

1936

Dwelling B - Poultry

1936

Garage -Poultry

1936

Laying House 24 x 110

1936

Laying House 20 x 130

1936

20 Range Houses 10 x 10 4 Range Houses 22 x 34

1936 1936

Remodeled Poultry House Shop - Poultry

1936 1936

Smoke hou se - Poultry

1936

Investment Beginning Of Year

$

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

3,000.00

400.00

1,800.00

200.00

350.00

3,000.00

400.00

100.00

2,000.00

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

Additions $

TOTAL FARMS TOTAL INVESTMENT IN BLDG.

$ 171.270.00 $27.269.191.94

$ $3,940.967.68

Deductions $
$ $28.968.19

Investment End of Year

$

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

3,000.00

400.00

1,800.00

200.00

350.00

3,000.00

400.00

100.00

2,000.00

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

$ 171,270.00 $31,, 181,191.43

124

m
y
A
a Ams ff
ryA s t*
I

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired^

Inve stment Beginning
Of Year

Additions

C . IMPROVEMENTS OTHER THAN BLDGS.

Athletic Fence

1958

Streets & Sidewalks

Landscaping Science Center 1958

Lighting System

Heating System

Water System

Landscaping President's Home

Pastures & Fences

Tennis Courts

Paving Parking Lots

Gas Mains

Stadium Wall

$

23,893.97

433,217.53

41,799.50

113,730.42

373,293.22

15,000.00

13,095.19

6,942.20

49,500.00

13,500.00

28,217.58

5.000.00

$ 85,311.74 8,202.87 2,982.99
4,075.88

TOTAL IMPROVEMENTS OTHER THAN BLDG.Sl. 1 1 7 . 1 8 9 . 6 1

D. EQUIPMENT Administrative Physical Plant Library Library (Bldg. Auth.) Law-Grad. Dorm. (Bldg.Auth) 1958 Instructional Dept. Instructional Dept. (Bldg.Auth.) Organized Research Extension & Public Service Dormitories Dormitories Dining Halls President's House Printing Press Bookstore Storeroom V.R.Q. Farm Cow Testing Continuing Education Continuing Education-State Dept. Student Center-Memorial Hall Phi Delta Theta Band Chapel Organ

$ 111,179.93 236,868.85
1,596,286.16 129,407.08 12,182.25
2,041,255.72 89,273.81
414,808.48 153,864.61 295,035.74 203,900.90 107,860.18
16,305.90 55,930.69
2,991.16 70,483.14
8,070.50 2,773.42 46,628.01 1,261.79 68,610.46
56,226.52 7,252.26
13,883.31 29.067 .50

$ 100.573.48
$ 25,884.74 22,374.53
156,334.74
257,649.41 189,427.95 194,809.12
4,603.23 10,857.99 9,875.44
3,208.29 6,049.22
19,928.79 6,415.94 4,027.92 3,944.19

TOTAL EQUIPMENT

$ 5.771.408.37 $ 915.391.50

TOTAL INVESTMENT IN PLANT

$ 3 4 ,6 1 1 ,5 7 3 .7 8 $5,,1 6 7 ,3 1 6 .9 3

Deductions $
$ $
1,159.32 426.00
277.86 $ 1,863.18 $32,087.00

Investment End of Year
$ 23,893.97 433,217.53 127,111.24 121,933.29 376,276.21 15,000.00 13,095.19 6,942.20 49,500.00 13,500.00 32,293.46 5.000.00
$ 1.217,763.09
$ 137,064.67 259,243.38
1,751,461.58 129,407.08 12,182.25
2,298,479.13 278,701.76 609,617.60 158,467.84 305,893.73 203,900.90 117,735.62 16,305.90 59,138.98 2,991.16 76,532.36 8,070.50 2,773.42 46,628.01 1,261.79 88,261.39 6,415.94 60,254.44 7,252.26 17,827.50 29,067.50
$ 6.684.936.69
$39,746,803.71

125

PART III UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
Athens, Georgia
Schedule I - Schedule 0-3
127

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule I

BALANCE SHEET June 30, 1960

ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable (Air Travel) B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED

$ 47,858.62 3,898.72

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Cash in Bank

III .RESERVE - INSURANCE Cash in Bank

IV.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

$2,203,165.75 324,112.77 254,257.92

TOTAL ASSETS

$ 118,938.29 425.00
51.757.34
$ 5,659.29 2,781,536.44

$ 171,120.63 67,125.19 27,608.19
2,787,195.73 $3,053,049.74

* ji* n
4
il

128

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule I (Continued)

BALANCE SHEET June 30, 19 60

LIABILITIES

f f CURRENT FUNDS A. GENERAL Reserve for Repairs & Replacement-Rock Eagle Surplus

$ 53,591.40 65,771.89

B. RESTRICTED

Fund Balance

TOTAL CURRENT FUNDS

I I . AGENCY FUNDS Fund Balance

III .RESERVE - INSURANCE Fund Balance

IV.PLANT FUNDS A. UNEXPENDED Fund Balance

$

5,659.29

B. EXPENDED Invested in Plant

2,781,536.44

$ 119,363.29
51,757.34 $ 171,120.63
67,125.19 27,608.19

TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

2,787.195.73 $3,053,049.74

129

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule J

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

General Income

Restricted Income

Total Income

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Department of Agriculture Soil Conservation Service TOTAL STATE OF GEORGIA
Counties Clarke Various - Cooperative TOTAL COUNTIES
United States Smith-Lever Smith-Lever - Special Needs Rural Development Consumer Education Egg Marketing Dairy Marketing Cotton Ginning & Marketing Cotton Marketing Education Service Forestry Marketing Marketing Information & Statistics Seed Marketing Agricultural Research Service TOTAL UNITED STATES

$ 8 8 , 9 1 8 . 4 2 $ 1 , 4 2 1 , 0 8 1 . 5 8 $1 , 5 1 0 , 0 0 0 . 0 0

5,550.00

5,550.00

600.00

600.00

$ 88,918.42 $1.427.231.58 _ J i ,516,150.00

$ J L 134,550.84
$1, 134,550.84

$ 5,970.00 21,703.22
$ 27,673.22

$

5,970.00

1,156,254.06

$1 , 1 6 2 , 2 2 4 . 0 6

$

$ 1 , 9 3 4 , 6 0 3 . 0 0 $1 , 9 3 4 , 6 0 3 . 0 0

20,903.18

20,903.18

53,686.29

53,686.29

10,203.61

10,203.61

5,556.65

5,556.65

9,099.87

9,099.87

5,575.00

5,575.00

3,000.00

3,000.00

6,404.60

6,404.60

4,930.45

4,930.45

4,961.75

4,961.75

4,500.00

4.500.00

$

$2,063.424.40 2,,063,424.40

GIFTS AND GRANTS Georgia Crop Improvement Assn. Georgia Institute of Genetics S . E . Aromatic Tobacco Company Tennessee Valley Authority University of Georgia Foundation Williams - Waterman TOTAL GIFTS AND GRANTS

$

$

5,868.34 $

5,868.34

3,600.00

3,600.00

3,215.00

3,215.00

32,876.16

32,876.16

4,416.41

4,416.41

4,000.00

4,000.00

$

$ 53.975.91 $ 53,975.91

INTEREST

Interest on Temporary Investments

$

TOTAL INTEREST ON TEMPORARY INVESTMENTS $

1.714.07 $ 1.714.07 $

$

1,714.07

$

1,714.07

SALES AND SERVICES Cow Testing Rock Eagle 4-H Center TOTAL SALES AND SERVICES

$

$

284.125.96

$ 284.125.96 $

3,409.03 3,409.03

$

3,409.03

284,125.96

$ 287,534.99

OTHER
Visual Aid for Supplies Camp Wahsega Rent Camp W ahsega-Other
TOTAL OTHER

$

$

2,312.02 $

2,312.02

293.33

293.33

2,581.20

2.581.20

>>

$

5.186.55 $

5,186.55

130

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule J (Continued)

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

EDUCATIONAL & GENERAL (Continued)

General Income

Re stricted Income

TOTAL INCOME

$1,509,309.29 $3,580,900.69

TRANSFERS From Movie Account to Visual Aid From College Experiment Station TOTAL TRANSFERS

$

$ 7,060.87

7,899.97

$

$ 14.960.84

TOTAL RECEIPTS

$1,509,309.29 $3,595,861.53

Total Income
$5,090,209.98
$ 7,060.87 7,899.97
$ 14,960.84 $5.105.170.82

131

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule K

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

Fund C la s s ific a tio n General_________Re strlcted

O bject C la s s ific a tio n ___________

Salaries

Operating

And

Supplies &

Wages

Expenses

Equipment

A. EDUCATIONAL & GENERAL

Extension

State Offset

$

State Non-Offset

83,672.43

County Offset

County Non-Offset 1 ,1 3 4 ,5 5 0 .8 4

Federal Smith-Lever

& Spec.Needs

Research Marketing

Agricultural Research

Survey

T.V.A.

Visual Aid

Corn Meal Enrichment

Printing-Exper. Sta.

Cow Testing

State Dept, of Agr.

Other Non-Offset

Rock Eagle Center

249,315.80

Camp Wahsega

Univ. o f G a . Found.

Rural Develop. - F e d .

Ga.Crop Imp.Assn.

State Soil Conservation

Fed.Agr.Marketing Serv.

$1,407,218.67 9,862.91
21,703.22
1,956,085.66 46,577.04
4,508.72 31,617.76
1,649.55 8,497.70 7,899.97 3,115.06 5,199.96 13,347.06
1,251.15 4,500.00 53,661.84 5,865.48
600.00 1,517.53

$ 948,691.76 23,258.05 20,895.60
1,054,214.29
1,818,634.87 38,892.09
3,150.00 30,250.08
7,299.96 7,899.97
77.70 5,199.96 5,615.04 84,457.56 1,133.15 4,500.00 47,573.03 5,108.30
600.00 1,333.34

$458,526.91 70,238.27 807.62 79,277.73
117,524.13 7,684.95
1,329.87 1,367.68
902.97 1,134.49
3,009.36
7,497.55 163,140.24
118.00
6,088.81 757.18
184.19

$ 39.02
1,058.82
19,926.66
28.85 746.58
63.25 28.00 234.47 1,718.00

$1,467,539.07 $3.584.679.28 $4,108,784.75 $919.589.95

$23.843.65

132

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule L

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1960

Balance Beginning
Of Year

Receipts For
Year

Disbursements For Year

Balance End
Of Year

Corn Meal Enrichment Cow Testing Counties for Matching Experiment Stations Research & Marketing Smith-Lever-Federal State for Matching TvV.A. Visual Aid Smith-Lever-Federal-Special Needs State Department Of Agriculture Agricultural Research Service Camp Wahsega Rural Development-Federal University of Georgia Foundation State Funds Not Used for Offset:
Economics & Marketing Entomology Survey Ga.C rop Improvement A s s o c .- f o r Matching State Soil Conservation Non-Offset Funds Federal Agricultural Marketing Service
TOTALS

$ 5,654.80 1,042.50
3,728.07 149,33
(-) 4, 9 9 4 .6 5 1,607.37 1,096.82 (-) 512.51 8.72 (-)73.42 7,773.71 83.59

$ * 8,000.00 3,409.03
21,703.22 7,899.97
46,731.93 1,934,603.00 1,407,218.67
32,876.16 9,372.89
20,903.18 5,550.00 4,500.00 2,874.53
53,686.29 4,416.41

129.53 2 0 ,9 8 2 . 5 1 (1)

5,166.74 4,696.17 5,868.34
600.00 12,785.00
3,000.00

$36,676.37 $3.595.861.53

$ 8,497.70 3,115.06
21,703.22 7,899.97
46,577.04 1,934,752.33 1,407,218.67
31,617.76 1,649.55
21,333.33 5,199.96 4,508.72 1,251.15
53,661.84 4,500.00
5,166.74 4,696.17 5,865.48
600.00 13,347.06
1,517.53
$3.584,679.28

$ 5,157.10 1,336.47
3,882.96
(--) 3 , 7 3 6 . 2 5 9,330.71 666.67 (-H62.47 1,549.96 7,798.16
132.39 20,420.45
1,482.47 $47.858.62

(1) Balance Transferred from Inactive Account to Non-Offset $ 1 5 0 . 6 6 (Seminole County) * Includes $ 4 , 0 0 0 . 0 0 from State Funds to match William Waterman Gift (Schedule I)

133

Schedule M
AGENCY Federal Withholding Tax State Teachers Retirement Federal Retirement Rock Eagle Project Four-H Club Construction Share and Care Program Negro Four-H Construction Federal - Social Security Movie Account I . F . Youth Exchange Withholding Tax - State
TOTAL AGENCY
RESERVE John Hancock
TOTAL RESERVE
TOTAL AGENCY AND RESERVE

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

STATEMENT OF AGENCY FUNDS AND RESERVE For Year Ended June 3 0 , 19 60

Balance Beginning
Of Year

Receipts For Year

D isb u rsem en ts For Year

$25,450.20 11,494.01 17,709.51 1,003.59 4,761,76
4.804.86 4,070.03 7.066.87
133.00

$324,962.70 144.595.68 220.636.68 6,914.98 1,420.75 158.15 3,944.70 36,733.31
1,872.00 2.079.64

$322,789.60 143,956.61 219,904.60 6,280.62 6,182.51 158.15 8,749.56 35,593.71 7,060.87 2,005.00

$76,487.83 $743,318.59 $752,681.23

Balance End
Of Year
$27,623.30 12,133.08 18,441.59 1,637.95
5.209.63
2.079.64 $67,125.19

$17,055.81 $17,055.81 $93,543.64

$ 13,955.73 $ 13.955.73 $757,274.32

$ 3,403,35 $ 3,403.35 $756,084.58

$27,608.19 $27,608.19 $94,733.38

Schedule N

Cash Balance July 1, 1959

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Transfers

Adjusted Cash Balance July 1, 1959

R eceip ts For Year

D isb u rsem en ts For Year

Cash Balance June 3 0 , 1960

CURRENT FUNDS

General

$ 82,168.07

Restricted

36,676.37

(1) $(-)5,000.00

$ 77,168.07 36.676.37

$1,509,309.29 3.595.861.53

$1,467,539.07 3.584.679.28

$118,938.29 47.858.62

TOTAL CURRENT FUNDS $11 8, 84 4. 4 4

(1) $(-)5,000.00 $113,844.44

$5.,1 0 5 .1 7 0 .8 2 $ 5 , 0 5 2 , 2 1 8 . 3 5 $166, 796.9 1

AGENCY FUNDS $ 9 3 , 5 4 3 . 6 4
ReserveInsurance __
PLANT FUNDS $ 6 . 5 3 1 . 4 8

$917,055.81
$ 17.055.81 $

$ 76,487.83
$ 17.055.81 $ 6.531.48

$ 743,318.59 $ 752,681.23 $ 67.125.19

$ 13.955.73 $
(1) $ 5,000.00 $

3,403.35 5.872.19

$ 27,608.19 $ 5.659.29

TOTALS

$218,919.56

$(-)5.000.00

$213,919.56

$5.,867,4 45.14 $5,81 4 ,1 7 5 .1 2 $267,189.58

BANK BALANCES C itizen s and Southern National Bank, Athens, Georgia (I) Transferred to Plant Funds $ 5 ,0 0 0 . 0 0

$267,189.58

134

Schedule O
BALANCE, JULY 1, 1959 TRANSFERS:
From Rock Eagle Reserve Rock Eagle Repair
TOTAL TRANSFERS

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, I 960

$ 6,531.48

$ 5.000.00

5.000.00 $11,531.48

DEDUCTIONS Buildings, Dublin Buildings, Rock Eagle Repair, Rock Eagle
BALANCE, JUNE 30, 1960

$ 2,690.34 1,192.98 1.988.97

5.872.19 $ 5.659.29

Schedule O -l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 3Q, I 960

BUILDINGS & REPAIR Rock Eagle Repair Rock Eagle 4-H Camp Negro 4-H Camp - Dublin

Balance Beginning
Of Year
$ 1,568.07 4,963.41

Receipts Fcr Yeaf

Disbursements Balance

For

End

y^ar

Of Year

$5,000,00

$1,988.97 1,192.98 2,690.24

$3,011.03 375.09
2.273.17

TOTALS

$6,531.48 $5,000.00 $5,872.19 $5,659.29

Schedule 0 -2

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1960

VALUE AS OF JUNE 3 0 , 1959
ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs not Capitalized Expended from Educational and General

$5,872.19 1,988,97

INCREASE IN PLANT DURING YEAR

VALUE AS OF JUNE 3 0 , 1960

$ 3,883.22 23,843.65

$2,753,809.57
27,726.87 $2.781.536.44

135

Schedule 0 -3
BUILDINGS Rock Eagle
Negro 4-H Camp
EQUIPMENT Extension Service
TOTAL INVESTED IN PLANT

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

Inve stment Beginning Of Year

Additions

Deductions

Inve stment End
Of Year

1953 1954 1955 1956 1957 1958 1959 1954 1955 1956 1957 1958 1959

$1,174,015.04 801,961.10 186,064.88 19,862.91 16,439.72 3,629.12
785.18 37,212.73 94,282.08 169,144.25 19,998.29
$2,523,395.30

$

$

1,192.98

2,690.24 $ 3,883.22 $

$1,\1 7 4 , 0 1 5 . 0 4 801,961.10 186,064.88 19,862.91 16,439.72 3,629.12 1,192.98 785.18 37,212.73 94,282.08 169,144.25 19,998.29 2.690.24
$2,,527, 278 .5 2

$ 230,414.27 $2,753,809.57

$23,843.65 $ $27,726.87 $

$ 254,257.92 $2, 781,536.44

136

PART IV UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL
Athens, Georgia
Schedule P - Schedule R

Schedule P
I . CURRENT FUNDS A. GENERAL C ash on Hand & In Banks TOTAL CURRENT - ASSETS TOTAL ASSETS

UNIVERSITY OF GEORGIA EXPERIMENT STATIONS - GENERAL
BALANCE SHEET June 30, 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus
TOTAL CURRENT - LIABILITIES
TOTAL LIABILITIES

LIABILITIES

$8,536.06

$8,536.06 $8,536.06

$ 978.60 7,557.46

$8,536.06 $8,536.06

138

UNIVERSITY OF GEORGIA EXPERIMENT STATIONS - GENERAL

Schedule Q

STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

General Income

Re stricted Income

Total

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations
TOTAL INCOME

$61,610.00 $ $61,610.00 $

$61,610.00 $61,610.00

Schedule Q -l

STATEMENT OF CURRENT EXPENDITURES

Administration General Staff Benefits
TOTAL ADMINISTRATION
TRANSFERS: To Fort Valley
TOTAL TRANSFERS
TOTAL DISBURSEMENT S

Fund C la s s ific a tio n

General

Re s tricte d

$49,186.54 $ 650.00
$49.836.54 $

O bject C lassification

Salaries

Operating

And

Supplies &

W ages

Expense

$23,181.04 650.00

$26,005.50

$23,831.04 $26,005.50

$ 8,505.26 $ 8,505.26 $58,341.80

Schedule R

STATEMENT OF CHANGES IN CASH BALANCES

Cash Balance Receipts July 1, 1959 For Year

Disbursements Cash Balance

For Year

June 3 0 , 1960

CURRENT FUNDS General
N ational Bank of A thens, Athens, Georgia

$5,267.86 $61,610.00 BANK BALANCES

$58,341.80

$8,536.06 $8,536.06

139

PART V UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
Athens, Georgia
Schedule S - Schedule W-l
141

Schedule S
X. CURRENT FUNDS A. GENERAL Cash on Hand & in Banks
TOTAL GENERAL
B, RESTRICTED Cash on Hand and in Banks
TOTAL CURRENT FUNDS
I I . PLANT FUNDS A. UNEXPENDED Cash on Hand and in Banks
B. EXPENDED Land Buildings Improvements Equipment
TOTAL PLANT FUNDS
TOTAL ASSETS
I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus
TOTAL GENERAL
B. RESTRICTED Fund Balances
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances
B. EXPENDED Invested in Plant
TOTAL PLANT FUNDS
TOTAL LIABILITIES & SURPLUS

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS
BALANCE SHEET June 30, 1960
ASSETS

$ 31,909.69 $ 31,909.69
15.000.00 $ 46,909.69

$ 7,724.24

$105,163.31 353,487.61 37,299.90 412.275.76
LIABILITIES

908,226.58 915.950.82
$962,860.51

$ 5,303.20 26.606.49 $ 31,909.69
15,000.00 $ 46,909.69
$ 7,724.24
908,226.58 915.950.82
$962,860.51

142

h

Schedule T

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS
STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations
TOTAL PUBLIC APPROPRIATIONS
SALES AND SERVICES Americus Nursery Northwest Branch - Calhoun Southeast Branch - Midville Southwest Branch - Plains
TOTAL SALES AND SERVICES
RENTS Northwest Branch - Calhoun Southeast Branch - Midville Southwest Branch - Plains
TOTAL RENTS
GIFTS AND GRANTS USDA - For Americus Nursery GMC - Dairy
TOTAL GIFTS & GRANTS
OTHER Fire Loss
TOTAL EDUCATIONAL & GENERAL INCOME

General Income

Restricted Income

Total

$146,963.00

$

$146.963.00

$

$146,963.00 $146.963.00

$ 6,061.32

$

52,115.35

75,148.30

62,310.71

$195,635.68 $

$ 6,061.32 52,115.35 75,148.30 62,310.71
$195,635.68

$ 540.00 $ 540.00 540.00
$ 1,620.00 $

$ 540.00 540.00 540.00
$ 1,620.00

$ 40,000.00 $ 40,000.00

$

$ 40,000.00

15,000.00

15,000.00

$ 15,000.00 $ 55.000.00

$

187.10

$384,405.78

$

$

187.10

$ 15.000.00 $399,405.78

*

X,
# \4
|
'p% p

143

Schedule U
EDUCATIONAL & GENERAL Staff Benefits
RESEARCH General Americus Nursery Northwest Branch Southeast Branch Southwest Branch TOTAL RESEARCH TOTAL EXPENDITURES
TRANSFERS TO: PLANT FUNDS TOTAL TRANSFERS
TOTAL EXPENSE Schedule V

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

Fund C la s s ific a tio n

General

Re stricte d

Object C lassification

Salaries

Operating

And

Supplies &

W ages

Expenses

Eg uipment

$ 3,485.74 . $ .

$ 52,155.51

$

48,383.83

81,550.26

103,582.61

82,757.28

$368,429.49

$

$371,915.23 $

$ 3.485.74

$

$

$ 44,045.94 22,396.90 29,547.78 40,687.11 29,493.01
$166,170.74
$169,656.48

$ 6,434.58 18,687.55 43,060.53 52,310.90 39,903.28

$ 1,674.99 7,299.38 8,941.95
10,584.60 13,360.99

$160,396.84 $41,861.91

$160,396.82 $41,861.91

29,717.00 $ 29,717.00 $401,632.23
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Re stricted
PLANT FUNDS TOTALS
National Bank of Athens, Athens, Georgia

Cash Balance Tulv 1. 1959

Receipts

Cash Balance Disbursements June 30, 1960

$49,136.14

$384,405.78 15,000.00

70,237.93

33,217.00

$119,374.07 $432,622.78

BANK BALANCES

$401,632.23
95.730.69 $497,362.92

$31,909.69 15,000.00 7,724.24
$54.633.93
$54,633.93

n* b A

144

>

Schedule W

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960

BALANCE, BEGINNING OF YEAR
ADDITIONS State of Georgia
TOTAL INCOME
TRANSFERS FROM Educational and General
TOTAL ADDITIONS
DEDUCTIONS Buildings Northwest Georgia Auditorium Southeast Georgia Hay Barn Southeast Georgia M achine Shed Southeast Georgia Brooder Houses Southeast Georgia Auditorium & O ffice Southwest Georgia Livestock Foremans House Southwest Georgia Swine Barn Southwest Georgia Poultry Houses
TOTAL BUILDINGS
Repairs Southeast Georgia Laborers Houses
TOTAL REPAIRS
Improvements other Than Buildings Southwest Georgia - Heating & Cooling
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant
Ar)rill-inns
$70,237.93

Funds For Debt
Rfirvicfi
$

Tntal $70,237.93

$ 3,500.00 $ $ 3,500.00 $

$ 3,500.00 $ 3,500.00

29,717.00 $33,217.00 $

29,717.00 $33,217.00

$29,876.58 $ 3,500.00 3,500.00 2,500.00
31,363.49 8,000.00 273.62 9,000.00
$88,013.69 $
$ 1,500.00 $
$ 1,500.00 $
$ 6.217.00 $
$95,730.69 $
$ 7,724.24 $

$29,876.58 3,500.00 3,500.00 2,500.00
31,363.49 8,000.00 273.62 9,000.00
$88,013.69
$ 1,500.00
$ 1,500.00
$ 6.217.00
$95,730.69
$ 7,724.24

145

Schedule W -l

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
STATEMENT OF OPERATIONS OF UNEXPIN DED PLANT FUNDS For Year Ended June 3 0 , 1960

BUILDINGS

N. W . G a . Auditorium

$30,970.60

S . E . Ga . Auditorium & O ffice

37,993.71

S . E . G a . Hay Barn

S . E . G a . M achine Shed

S . E . G a . Brooder Hou se s

S . W . Ga. Poultry House

1, 000.00

S. W . Ga. Livestock Foreman House

S . W . Ga . Swine Barn

273.62

IMPROVEMENTS OTHER THAN BLDGS. S. W . G a. Heating & Cooling

REPAIRS (Not C apitalized) S. E. G a . Laborer's House

Receipts Disbursements

Transfers

3,500.00

$29,876.58 31,363.49 3.500.00 3.500.00 2.500.00 9 . 0 0 0 . 00 8 . 0 0 0 . 00 273.62

(--) 3 , 5 0 0 . 0 0 (T)
(--) 2 , 5 0 0 . 0 0 (T) (-)8,000.00(T) (--) 8 , 0 0 0 . 00(T)

$1,094.02 6,630.22

6 . 2 1 7 . 0 0 (--)6 , 2 1 7 . 0 0 (T)

1 . 5 0 0 . 0 0 (-) 1 , 5 0 0 . 0 0 (T)

SUB-TOTAL

$70,237.93 $3,500.00 $95,730.69 $(-)29,717.00

$7,724.24

UNEXPENDED BALANCE

$ -0-

$ -0-



TOTAL PLANT FUNDS

$70,237.93 $3,500.00 $95,730.69 $(-)29,717.00

$7,724.24

Schedule W -2

SUMMARY OF INVESTMENT IN PLANT

VALUE OF PLANT JULY 1, 1959

ADDITIONS DURING YEAR Expended from Plant Funds L ess Repairs (Not C apitalized) Expended from Educational & G eneral Funds

$95,730.69 1,500.00

$94,230.69 41,861.91

TOTAL ADDITIONS

VALUE OF PLANT, JUNE 3 0 , 1960

$772,133.98
136,092.60 $908,226.58

146

HP

Schedule W -3
A. LAND Burke County 4 6 8 . 7 5 Acres Gordon County 114. 3 Acres Gordon County 32 Acres Gordon County 57 Acres Gordon County 94 Acres Sumter County 4 55 . 3 5 Acres
TOTAL LAND
B. BUILDINGS Southeast Branch Station Auditorium & O ffice Bldg. Barns (2) Commissary Dairy Barn & Feed Shed Foreman's Cottage M achine Shed Poultry House Poultry House Pump House Stock Pens & Scale Pit Supt. Home Tenant H ouses (2) Barn Farrowing House Hay Barn Brooder Houses Southwest Branch Station Superintendant's Home Tenant H ouses (2) Machine Shed Swine Barn Foreman's Cottage O ffice Storage House Tenant House (1) Turkey Broiler House C attle Barn Pump House Hay Barn W arehouse Storage Shed M ach. & Implement Shed Livestock Foremans House Poultry Houses

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1960

Year Acquired

Investment Beginning
Of Year

Additions

D ed u ctio n s

Inve stment End
Of Year

1952

$ 17,060.00

$

$

$ 17,060.00

1952

25,000.00

25,000.00

1953

9,163.00

9,163.00

1954

12,260.61

12,260.61

1958

21,779.70

21,779.70

1952

19,900.00

19,900.00

$105,163.31

$

$

$105.163.31

1959-60 $ 27,006.29

$ 31,363.49

$

1952

3,042.82

1954

1,620.33

1954

10,500.87

1952

4,491.55

1952-60

2,504.36

3,500.00

1953

10,028.34

1954

5,500.00

1954

248.00

1954

1,495.81

1952

14,949.20

1952

11,606.62

1956

7,000.00

1958

1,000.00

1960

3,500.00

1960

2,500.00

1952 1952 1952 1959-60 1952 1952 1952 1952 1953 1953 1953 1959 1955 1958 1959 1960 1960

15,319.12 7,076.40 2,212.10 7,726.38 7,504.55 3,636.00 1,000.00 3,000.00 4,340.48 71.26 529.84 3,000.00 7,000.00 6,000.00 3,500.00

273.62
8,000.00 9,000.00

$ 58,369.78 3,042.82 1,620.33
10,500.87 4,491.55 6,004.36
10,028.34 5,500.00 248.00 1,495.81
14,949.20 11,606.62
7,000.00 1,000.00 3,500.00 2,500.00
15,319.12 7,076.40 2,212.10 8,000.00 7,504.55 3,636.00 1,000.00 3,000.00 4,340.48 71.26 529.84 3,000.00 7,000.00 6,000.00 3,500.00 8,000.00 9,000.00

Schedule W -3 (Continued)

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

STATEMENT OF INVESTMENT IN PLANT (Continued)
Year Acquired

Investm ent Beginning
Of Year

Additions

B. BUILDINGS (Cont'd) Northwest Branch Station Foreman's House M achine Shed M achine & Implement Shed Barn C alf Barn O ffice Laying House Laying House Tenant House Tenant House Tenant House Dairy Barn Dairy Barn Poultry Breeder House Clipping Dryer Supt. House Dairy Barn Swine Barn Poultry House Grain Bins Auditorium TOTAL BUILDINGS

1952 1952 1959 1952 1958 1952 1958 1952 1952 1953 1954 1953 1954 1954 1958 1955 1956 1956 1956 1956 1959

c . IMPROVEMENTS OTHER THAN BLDGS.

Northwest Branch Station

Fencing & Pastures

1952

W ater System

1952

Other

1952

Southeast granch Station

Fencing & Pastures

1952

W ater System

1952

Other

1952

Southwest Branch Station

Fencing

1952

W ater System

1952

Other

1952

Heating & Cooling

1960

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

D . EQUIPMENT Research

TOTAL INVESTMENT IN PLANT

$ 6,000.00 1,722.47 3,516.69 3,097.53 2,000.00 2,663.23 4,000.00 2,731.91 1,759.20 4,077.27 1,388.47 5,569.42 84.00 2,524.40 1,500.00 9,399.61 4,000.00 500.00 6,000.00 1,000.00
29,029.40 $265.473.92
2,853.20 577.42 585.97
7,361.15 5,853.69 2,462.39
6,922.35 2,490.34 1,976.39
$ 31,082.90
$370.413.85
$772,133.98

$
29.876.58 $ 88.013.69
6,217.00 $ 6.217.00 $ 41.861.91 $136,092.60

Deductions $
$
$ $ $

Investment End
Of Year
$ 6,000.00 1,722.47 3,516.69 3,097.53 2,000.00 2,663.23 4,000.00 2,731.91 1,759.20 4,077.27 1,388.47 5,569.42 84.00 2,524.40 1,500.00 9,399.61 4,000.00 500.00 6,000.00 1,000.00
58.905.98 $353.487.61
2,853.20 577.42 585.97
7,361.15 5,853.69 2,462.39
6,922.35 2,490.34 1,976.39 6,217.00
$ 37.299.90
$412.275.76
$908.226.58

ir 1
Ait
4*
A fc VA Al V A '4
M
a
Vw

148

>1 'll
m
tili
4> J0
a A1 k AWk
A
/t A\
El
M p i ^ l **
V ill
>* ^
A, * Jr ^4
/> !|jj9 *
v 'fjj*
r ll
1v*Jar eI vM i v * ^I #
I
rD i

PART VI UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Athens, Georgia
Schedule X - Schedule EE
149

Schedule X
CURRENT A. GENERAL

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
BALANCE SHEET June 30, 1960
ASSETS

C ash on Hand and In Banks
B. RESTRICTED Cash on Hand and in Banks Accounts Receivable (Debit Balances TOTAL RESTRICTED
TOTAL CURRENT FUNDS
PLANT FUNDS A. UNEXPENDED
C ash on Hand and in Banks Temporary Investm ents
B. EXPENDED Buildings Improvements Other Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 33,554.27

$ 189,412.57 13,131.75

202,544.32 $ 236,098.59

$ 29,521.82 $ 29,521.82

$ 610,002.72 86,543.47
454.616.03

1,151,162.22

$1,180,684.04 $1,416,782.63

150

J
?1> v> %
- t]4
,m it
; A i
t **
j m\ *
jf VV,
)>
>14
'l
i*
uH
of
>Jf >i * :VW
* II' .fr 1
4

AlV * h mA
1

Schedule X (Continued)
I . CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus TOTAL GENERAL B. RESTRICTED

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
BALANCE SHEET June 30, 1960
LIABILITIES

Fund Balances TOTAL CURRENT FUNDS I I . PLANT FUNDS A. UNEXPENDED
Fund B alances B. EXPENDED

2,864.46 30.689.81

33,554.27

202.544.32 $ 236,098.59

$ 29,521.82

Investment in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

1.151.162.22

1.180.684.04 $1.416.782.63

151

Schedule Y

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

General Income

A. EDUCATIONAL & GENERAL
PUBLIC APPROPRIATION State of Georgia
Regular

$567,759.00

GIFTS & GRANTS Public G ifts

State of Georgia

Department of Agriculture-Poultry D isease

$

Department of Agriculture-Entomology Insecticid e

Department of Agriculture - Milk Control

Other States

California State D ep t.-A gri. Food Tech. United States

Bu. An. Husb, - Air Sac D ise a se

Dept, of Agriculture - A g r . Eng.

Dept, of Agriculture - Forest Service

Dept, of Agriculture - Forest Service - Fire

Dept, of Agriculture - Forest Service - G enetics D ept, of Agriculture - Forest U tilization

D ept, of Agriculture - Grassland Improvement D ept, of Agriculture - Regional Poultry D ept, of Agriculture - Fumigant Poultry D ept, of Agriculture - Rural Housing

Dept, of Agriculture - Rural E lectrification Dept, of Agriculture - Silo Research Public Health - Arthritis

Public Health - Brucellosis

Public Health - Food Technology Public Health - Lepto

Public Health - Poultry

National Science Foundation - Poultry

National S cien ce Foundation - Reid

National Science Foundation - M iller

National Science Foundation - Plant Path. Pub.

U . S . Study Commission Ag. E c.

TOTAL PUBLIC GIFTS

Private Sources

:

American Cyanamid - Poultry

<

American Cyanamid - An, Husbandry

American Potash Co.

American Turpentine - Forestry Atomic Energy Com. - Poultry

Atomic Energy - Wild Life

Bab son Res, - Ag. Eng. Bicknell W - Animal Husbandry

California Spray Corp. - Plant Path. Eli Lilly Poultry

Georgia Forest R es. Council Georgia Kraft - Forestry

Re stricted Income
$100.000.00
$ 1,500.00 1,000.00
15,000.00
5,448.00
6,750.00 227.93
6,858.80 3,000.00
900.00 3,300.00 1,410.90 2,437.00 11,000.00
66.49 2,162.25 1,834.64 11,500.00 11,787.00 5,290.00 5,750.00 8,510.00 3,220.00 9,800.00 11,200.00 5,200.00 12.625.57 $ 1 4 7 . 778.5ft
$ 2,000.00 2,500.00 1,200.00 800.00 7,299.00 7,037.50 5 . 0 0 0 . 00 4 . 0 0 0 . 00 800.00 2.500.00
49,891.67 2.500.00

Total

$ 667.759.00

$

1,500.00

1,000.00

15,000.00

5,448.00

6,750.00 227.93
6,858.80 3,000.00
900.00 3,300.00 1,410.90 2,437.00 11,000.00
66.49 2,162.25 1,834.64 11,500.00 11,787.00 5,290.00 5,750.00 8,510.00 3,220.00 9,800.00 11,200.00 5,200.00 12.625.57 $ 147.778.58

$ 2,000.00 2,500.00 1,200.00 800.00 7,299.00 7,037.50 5 . 0 0 0 . 00 4 . 0 0 0 . 00 800.00 2.500.00
49,891.67 2.500.00

152

m
Vi 1

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule Y (Continued) STATEMENT OF CURRENT INCOME (Continued)

General Income

R e stricte d Income

Total

A. EDUCATIONAL & GENERAL (Cont'd) GIFTS & GRANTS (Cont'd) Private Sources (Cont'd) Grain Storage - Ag. Eng. Great Lake Steel - Quonset Storage Hess Clark - Tranquilizer Hoffman - LaRoche Company Merck Co. - Poultry Moorman Research - Poultry National Plant Food In st. - Forestry N ationw ide Chem. Co. - Plant Path. Pimento - Food Tech. Pfizer, Chas. Co. - Poultry Products Analysis - Food Tech. Sou. Appalachian - Proctor Sterling Winthrop - Poultry Student A. V.M.A. Sugar Research Corp. - Dairy T.V.A. Ag. Economics T. V. A. Forage Agronomy T . V.A. Phosphorus Univ. of Georgia - Foundation U . S . S teel - Argo TOTAL PRIVATE SOURCES
TOTAL GIFTS & GRANTS
SALES & SERVICES Agronomy Animal Husbandry Creamery Dairy Farm Food Processing Plant Forest Experimental Grain Grading Greenhouse Horticulture Farm Horticulture Research L iv esto ck Farm Poultry Research Southern Regional Poultry Test. Experimental S ta tistics
TOTAL SALES & SERVICES
TOTAL COLLEGE STATION INCOME
TRANSFERS FROM R estricted (Overhead)
TOTAL RECEIPTS

$

$ 1,365.00

$

1,365.00

7,000.00

7,000.00

2,500.00

2,500.00

3,750.00

3,750.00

2,610.00

2,610.00

S / 000.00

1,000.00

2,800.00

2,800.00

2,000.00

2,000.00

500.00

500.00

1,200.00

1,200.00

250.00

250.00

3,144.25

3,144.25

2,000.00

2,000.00

148.00

148.00

3,500.00

3,500.00

12,025.12

12,025.12

5,110.84

5,110.84

2,625.92

2,625.92

600.00

600.00

2.000.00

2.000.00

$

$141.657.30

$ 141.657.30

$_

$289.435.88

$ 289,435.88

$ 3,494.10 7,577.06
172,275.79 48,658.51 490.97
1,734.25 1,564.18 12,110.92 3,100.00 36,925.80 44,970.85
1,152.08
$334,054.51
$901.813.51

$ 1,688.40
23,709.81 $ 25,398.21 $414.834.09

$

3,494.10

7,577.06

172,275.79

48,658.51

490.97

1,688.40

1,734.25

1,564.18

12,110.92

3,100.00

36,925.80

44,970.85

23,709.81

1.152.08

$ 359.452.72

316.647.60

$ 1.657.00 S903.470.51

$ $414.834.09

$

1.657.00

$1 . 3 1 8 . 3 0 4 . 6 0

153

Schedule Z

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 3 0 , 1960

EDUCATIONAL & GENERAL ADMINISTRATION
D irector's Office Staff Benefits

-------------- -------- --------------------------------------- O b ject C la s s ific a tio n

Salaries

Operating

-------- Fund C la s s ifica tio n _________ And

Supplies &

General

Restricted

W ages

Expense

$ 15,217.79

$

$ 1 3 , 5 9 9 . 9 6 $ 1 617 83

1 6 , 8 7 7 . 8 8 _______________ ________ 1 6 , 8 7 7 , 8 8 _______

TOTAL ADMINISTRATION

$ 32,095.67

PLANT OPERATIONS

$-- 4 , 1 1 1 . 5 5

RESEARCH

Anonymous Dairy

$

A . E . C . Poultry

A .E .C . W ildlife

Agricultural Economics Agricultural Eng. Agronomy Animal Husbandry Air Sac D ise a se

17,717.39 43,830.36 35,888.98 36,796.67

ATFA - Forestry

American Cyanamid

American Potash

Babson - Ag. Eng.

California D ept. Agri. Food T ech.

CIBA Poultry

C & S Sheep

California Spray

Cryovac - Food Tech.

Continental Can

Commercial Solvents - Agr.

Commercial Solvents-Poultry Dairy
Dodge Lab - D ictycide

21,330.87

Dow Chem ical

Eli Lilly - Poultry

Eli Lilly - An. Husbandry

Entomology In secticid e

Entomology Eaton Poultry D isease

11,924.18

Experimental Forestry

Food Technology Forestry Ford Found. - W e sle y P.

14,943.32 22,802.63

Great Lakes - Quonset Storage

GPFE - Agronomy

Georgia Kraft - Forestry

Georgia Forestry Rsch. Council

G a . State Dept .Agr. -P ou l. D i s .

Experimental S tatistics

34,402.04

$________________ $ 3 0 , 4 7 7 . 8 4

$

$

467.50

$ 1,617 83 $ 3,644.05

$

173,71

1,754.23

473.40

227.93

8,148.03 718.18
4,394.90 2,022.87 2,095.88 1,042.92
258.78 3,308.62
155.52 49.25 739.45 91.06
1.50
24.20 4.44
2,478.17 923.15
4,970.14
746.07 2,337.00

1,297.45 7,353.77
61.56 2,488.57 37,524.01 3,533.30

$ 642.84 450.00
14,873.41 36,678.73 27,998.83 23,040.06
5,094.00 547.00
2,994.08 1,666.60 1,308.50
403.25
3,000.00
49.25 50.00
17,741.36
1,783.37 550.04
2,762.90 9,875.00
532.89 137.75 12,162.42 17,834.51
5,751.30
1,999.98 36,326.24
2,875.30 20,016.87

$

173.71

739.23

23.40

2,843.98

5,203.92

6,280.54

12,292.79

3,054.03

171.18

1,400.82

351.39

169.84

567.17

33.78

308.62

155.52

22.85

1.50 2,580.56
24.20 4.44
365.78 373.11 2,063.98 749.69 223.18 1,651.92 1,580.90 3,968.63 1,297.45 998.97 61.56 488.59 1,197.77 558.00 12,907. 59

Equipment
$
$ $
372.16
2,175.64 1,609.61 1,463.82
4.88 617.54
72.50 225.00
666.60 91.06
1,008.95
329.02 143.26 1,299.49 547.33 1, 200.00 999.49 603.50
100.00 1,477.58

154

m *| > 1
fV
Vw <* y" n p
>

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule Z (Continued) STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

General

Re s tricte d

Salaries And
W ages

Object C lassification

Operating

Supplies &

Expense

Equipment

EDUCATIONAL & GENERAL (Cont'd)

RESEARCH (Cont'd)

G . F . C . Agric. Eng.

$

G . F . C . - Forestry

Grassland Implement Co.

Grain Storage - Ag. Eng.

Goodrich, B. F.

Horticulture

14,387.00

H ess-C lark Poultry

H ess-C lark - Tranquilizer

Hoffman-La Roche

Iron

Jesse Jewel-Poultry

Nation Wide Chemical

N a t'l. Plant Food-Forestry

NPFI - Agronomy

M attox- Moore - Poultry

Molybdenum

M erck-P ou ltry

M assengill - Poultry

Moorman-Poultry

N . S . F . Plant Path. M iller

Offset Forestry

19,888.16

N . S . F . - Poultry

Pimento

Pfizer Poultry

Pfizer - Food Tech.

Plant Pathology

26,237.05

Poultry

205,704.42

Poultry D isease

Radio Active - Agro.

Silo

Sugar Res. Found.

Schering Fund - V e t. M ed .

Sharpe Dohme

Sterling-W inthrop-Poultry

Soil Testing

26,368.27

Southern Appalachian-Proctor

Sou.R eg. Poultry Testing

Student, A.V.M.A.

T.V.A. Ag. Economics

T.V.A. Forage Agron.

T.V.A. Phosphorous

U. S . S te el - Argo

U. S. Forestry Service

U. S. Forestry Service-Fire

$ 3,764.86 375.00
1,469.48 1,217.51
93.46
444.75 3,274.04 2,400.84
26.94 96.13 l", 2 5 6 . 6 4 2,565.65 1,405.56 162.00 676.21 184.15 402.95 571.30 1,944.21 400.00 565.70 489.10 610.35 1,109.95
200.00 102,221.87
39.44 1,307.32 4,655.20 / 79.22
155.06 212.83
1,462.60 19,170.96
30.63 11,316.11
4,967.70 2,984.35 1,583.27 6,519.58 2,362.64

$ 1,236.98 375.00
1,390.72
11,803.79 338.50
2,600.04
1,125.00 2,007.50 1,405.56
200.00 450.00 583.32 18,228.41 565.70 340.75 300.00 736.56 21,216.88 88,652.86 73,572.21
960.00 3,096.46
155.06 140.00 20,891.50 1,457.00 7,225.10
10,944.14 4,625.42 2,499.92 1,583.27 6,519.58 2,000.00

$ 1,910.09
78.76 1,217.51
93.46 2,193.14
93.55 292.00 476.36
26.94 96.13 70.24 341.75
415.01 184.15 202.95 121.30 204.39 2,059.75
23.35 193.27 173.41 2,020.17 98,244.81 24,516.85
347.32 1,558.74
53.22
72.83 3,581.77
5.60 11,945.86
30.63 371.97 342.28 484.43
362.64

$ 617.79
390.07 12.70
382.00 1,924.48
61.40 216.40 162.00 261.20
1,156.50
125.00 117.08 199.98 3,000.00 19,006.75 4,132.81
39.44
26.00
1,895.00

155

Schedule Z (Continued)

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

STATEMENT OF CURRENT EXPENDITURES (Continued)

________________________________________ __ _____ O bject C la s s ific a tio n

Salaries

Operating

Fund C la s s ific a tio n

And

Supplies &

General

Restricted

W ages

Expense

Equipment

EDUCATIONAL & GENERAL (Cont'd)

RESEARCH (Cont'd)

USPH Swine Arthritis

$

U. S. Study Commission

USPH B ru cello sis

USPH Food Technoloty

USPH Lepto

USPH Poultry

USDA - Forestry - G e n e tics

USDA - S o ils

USDA - Rural Housing

USDA - Rural E le ctrifica tio n

USDA - Fumigant

USDA - Regional Poultry

USDA - Forestry U tilization

Vet. Hygiene

Warren Bicknell

$ 7,507.70 15,408.69 9,465.27 5,554.77 6,075.81 7,147.23 900.00 9.06 66.49
1,920.55 6,736.93 4,000.00 3,300.00 2,324.74 3,999.50

TOTAL RESEARCH

$532.221.34 $348.600.36

SERVICES RELATED TO RESEARCH

Creamery

$174,190.88

$

Dairy Farm

53,405.52

Grain Grading

1,461.52

Greenhouse

13,897.73

Food Processing Plant

6,533.60

H orticulture Farm

22,904.06

L iv esto ck Farm

65,416.09

TOTAL SERVICES

$337.809.40

$

TOTAL EXPENSES

$906,237.96 $348,600.36

REFUNDS

$________________ $ _3~, 6v1 6v. 6^5

TRANSFERS

To R estricted Funds U . o f Ga $

To Plant Funds

1,663.99

To Educational & General

To Univ. Educ. & Gen.

$

538.97

1,336.01

1,657.00

5,231.28

$ 1,200.00 14,049.38 6,155.22 2,576.11 5,342.52 3,632.12 900.00
66.49 1,920.55 3,450.00 4,000.00 3,300.00
$584,966.10
$ 34, 451.57 26,117.32 1,413.20 11,938.92 6,033.46 14,000.85 16.060.41
$110.015.73
$725.927.17

$ 6,307.70 1,359.31 2,782.81 2,028.66 733.29 1,452.75
9.06
1,736.74
$235,707.54
$138,271.02 27,288.20 48.32 1,463.53 500.14 5,363.07 47.064.44
$219.998.72
$460.968.14

$ 527.24 950.00
2,062.36
3,286.93
588.00 3,999.50 $60,148.06
$ 1,468.29
495.28 3,540.14 2,291.24 $ 7,794.95 $67,943.01

TOTAL TRANSFERS

$ 1,663.99

$ 8,763.26

T'OTAL DISBURSEMENTS

$907,901.95

$360.980.27

156

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 3 0 , 1960

Balance Beginning
Of Year

GOVERNMENTAL

United States

A . E . C . Poultry

$

70.11

A .E .C . W ildlife

D ept. of Agriculture

Forest Service

421.15

Forest Service-Fire

Forest Service-Genetics

Ag. Eng. Research-Labor

Regional Poultry

Grassland Implement-Agron .

84.96

Rural E lectrification

(--)3 8 5 .5 7

Rural Housing

Silo Research

(--) 9 1 9 . 9 9

Forestry Utilization

.09

Fumigant-Poultry

Bureau of Animal Husb.

Air Sac D ise a se

723.36

N . S . F . Poultry

N . S . F . - Reid

N .S .F . -Plant Path. Pub.

N.S.F.-Miller

T.V.A. Ag. Economics

(-)2, 572.50

T . V .A. Forage Agronomy ( - ) l , 3 4 4 . 3 4

T.V.A. Phosphorous

(--) 3 6 7 . 0 1

U . S . P. H.Brucellosis

1,949.68

U . S . P . H . Food Tech. U . S . P . H . Lepto

2,344.86

U . S . P . H . Poultry U . S . P . H . Swine Arthritis

7,647.91 6,026.18

U . S . Study Commission

State of Georgia

State Forestry-Ag. Eng.

5,402.18

State Dept. Ag.-Poultry Dis. 4 , 5 6 8 . 1 6

State Dept. A g.-M ilk Com.

State D ept. Commerce-

Bermuda

69.15

Poultry D is. Rsch.

41,685.05

Entomology -In se cticid e

4,831.19

California DeDt.Aa.-Food Tech.

TOTAL GOVERNMENTAL

$ 70.234.62

Income For Year
$ 7,299.00 7,037.50
6,858.80 3,000.00
900.00 227.93 2,437.00 1,410.90 2,162.25
66.49 1,834.64 3,300.00 11,000.00
6,750.00 3,220.00 9,800.00 5,200.00 11,200.00 12,025.12 5,110.84 2,625.92 11,787.00
5,290.00 5,750.00
8,510.00 11,500.00
12,625.57
1,500.00 15,000.00
100,000.00 1,000.00 5.448.00
$281,876.96

Expense For Year
$ 1,754.23 473.40
6,519.58 2,362.64
900.00 227.93 4,000.00 1,469.48 1,920.55
66.49 1,307.32 3,300.00 6,736.93
8,148.03 565.70
1,944.21 11,316.11
4,967.70 2,984.35 9,465.27
5,554.77 6,075.81
7,147.23 7,507.70
15,408.69
3,764.86 3,533.30
102,221.37 4,970.14 1.042.92
$227.656.71

Overhead And
Transfers

Balance End
Of Year

$ 263.13(0) $ 5,351.75

71.01(0)

6,493.09

760.37 637.36

( - ) l , 563.00 26.38
( - ) 1 4 3 . 87

.09(T)

( - ) 3 9 2 . 67 4,263.07

84.85(0)
291.63(0)
(1,215.61(0) ( 27.69(0)
833.22(0) ( (-)55.60(0) ( 658.87(0)
1,072.08(0) ( 52.45(0) (1,474.25(0) ( 364.22(0)
2,311.30(0)

( - ) 6 7 4 . 67 2,569.45 9,800.00 5,200.00 8,964.16 (-) 1,86 3.49 ( - ) l , 201.20 (-)725.44 3,028.11
(--) 1 , 0 9 7 . 9 9 1,415.78
7,938.60 8,127.56
(-)5,094.42

1,637.32 2,534.86 15,000.00

69.15 39,463.68
861.05 4,405.08

$ 8,664.80

$115,790.07

GIFTS

American Cyanamid-An. Husb. $ 2 , 0 0 0 . 0 0

$ 2,500.00

$ 4,394.90

$

American Cyanamid-Poultry

2,000.00

$ 105.10 2,000.00

157

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For Year

Expense For Year

GIFTS (Cont'd)

American Cyanamid -A gri.

$

American Potash Company

American Poultry H atch.

American Turpentine-Forestry

Anonymous Dairy

Babson - A g . Eng.

C&S N atl. Bank-Ag.Econ.

Bicknell, W.-An.Husb.

Chilean Nitrate-Sodium

California Spray C orp.-Plant Path.

CIBA Poultry

Continental Can-Food Proc,

Corning G lass (Dairy)

Commercial Solvents-A gron.

Commercial Solvents-Poultry

Cryovac-Food Tech.

D aw es-P ou ltry

Dodge Lab-D ictycide

Dow Chem ical C o.

Eaton-Poultry Dis.

Eli Lilly - An. Husb.

Eli Lilly-Poultry

Experimental Forest

Georgia Kraft-Forestry

G a. Forest Rsch. Council

G a. Hemerocallis Soc.-H ort.

Ghanns Bait & Cricket

Goodrich Chem. Co.

G . F . C . - Forestry Bot.

G . P . F . E . - Agronomy

Grain Storage-Ag, Eng,

Great Lake Steel(Quonset Sto.)

Hoffman-La Roche

Hybro-tite Rsch.

H ess-Clark Co,-Poultry

He ss-C lark -T ran q u iliz ers

Int. M ineral-Iron

Jesse Jewell-Poultry

Merck Co,-Poultry

Ma s sengill-Poultry

Mattox-M oore-Poultry

Molybdenum-Agron.

Moorman R sch ,"P ou ltry

N . P . F . I , Agronomy

N . P . F . I , Forestry

146.72 9,327.67 1,000.00
275.75
5,300.00
1,239.85
908.04 739.45 160,22 379.57 214.51
49.25 2,000.00
252.32 4.44
895.31 999,76 304.75 6,718.37
3,616.65 100.00 200.00 675.10
61.56
731.92 2,107.42
159.37 684.82 1,050.62
26.94 135.16
539.34 800.50 1,083.42 589.60 5,974.54 166,40

$ 1,200.00 800.00 5,000.00 4,000.00 800.00
2,500.00 1,688.40 2,500.00 49,891.67
1,365.00 7,000.00 3,750.00 2,500.00 2,610.00
1,000.00 2,800.00

$ 2,022.87
718.18 173.71 2,095.88 3,308.62 4,000.00
155.52 258.78 739.45
91.06 1.50
49.25
24.20 4.44
756.07 923.15 2,478.17 2,337.00 2,488.57 37,524.01
93.46 375.00
61.56 1,217.51 7,353.77 2,400.84
444.75 3,274.04
26.94 96.13 184.14 402.95 162.00 676.21 571.30 1,405.56 2,565.65

Overhead And
Transfers

Balance End
Of Year

$

$

146.72

8,504.80

1,000.00

81.82

102.04

2,904.12

1,991.38

1,239.85 644.48 649.26

160.22 288.51 213.01

2,000.00 228.12

3, 6 1 6 . 6 5 (R) 2 0 0 . 0 0 (T)

139.24 76.61
326.58 6,069.77
11.43 12,367.66
100.00
581.64 (-)375.00

(-)135.62(T) 1 3 5 . 62(T)

147.49 378.15 3,456.58 159.37 375.69 140.96

39.03 2,425.85
136.39 638.50 407.21 1,018.30 4,568.98
400.75

158

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning Of Year

Income For Year

Expense For Year

Overhead And
Transfers

Balance End
Of Year

GIFTS (Cont'd) N ationw ide Chem. Co. Overhead-Swine Arthritis Pimento-Food Tech. Polk M iller Overhead - Contract C has. Pfizer-Food Tech. C has. Pfizer-Poultry Products Analysis-Food Tech. Radioactive Rsch. Sav. Sugar Ref. -An. Husb. Scheuring Corp. -V et. M ed. Sharpe & Dohme Sou. Reg. Poultry Testing Student A. V.M.A. Sterling Winthrop-Poultry Soil Samples Sou.Appala chia n - Proctor Sugar R sch. Found. -Dairy U n iv.of G a. Foundation U . S . S teel - Argo V et. Hygiene
W esley Patrick Ford Various-Parisitology Int.
TOTAL GIFTS
TOTALS

$ 761.18
338.97
2,000.00 1,956.87
391.62 1,336.01
79.22 155.06 4,192.60 225.00
9.06 ( - ) l,681.65
1,500.00
1,093.40
1,297.45 50.00
$ 65.324.13
$135.558.75

$ 2,000.00 500.00
1,200.00 250.00
23,709.81 148.00
2,000.00 3,144.25 3,500.00
600.00 2,000.00
$132.957.13 $414.834.09

$ 1,256.64
489.10
1,109.95 610.35
39.44
79.22 155.06 19,170.96
30.63 212.83
9.06 1,462.60 4,655.20
600.00 1,583.27 2,324.74
1,297.45
$120.943.65
$348.600.36

$

$ 743.36

761,18(0)

10.90

3 3 8 .97(T)

(-) 1,165.50

1,165.50

890.05

2,546.52

2bU. UO

352.18

1 ,336.01(T)

8,731.45 342.37
1,787.17

344.80

( ( - ) 9 2 2 . 2 0 (T) ( (-)450.00(T)

416.73 140.86

50.00

$ 3.715.11

$ 73.622.50

$12.379.91

$189.412.57

Schedule BB

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1960

Cash Balance Tulv 1. 1959

Receipts For Year

D isb u rsem en ts For Year

Cash Balance Tune 30. 1960

CURRENT FUNDS General Re stricted TOTAL CURRENT FUNDS
PLANT FUNDS TOTAL
The N ational Bank of Athens, Athens, Georgia

$ 37,985.71 $ $903,470.51 $ $907,901.95

135,558.75

414,834.09

360,980.27

$ 1 7 3 . 5 4 4 . 4 6 $1 . 3 1 8 . 3 0 4 . 6 0 $1 . 2 6 8 . 8 8 2 . 2 2

$ 64.607.76 $ $ 3,750.00 $ 38.835.94

$ 2 3 8 . 1 5 2 . 2 2 $1 . 3 2 2 . 0 5 4 . 6 0 $1 . 3 0 7 . 7 1 8 . 1 6

BANK BALANCES

$ 33,554.27 189.412.57
$222.966.84 $ 29.521.82 $252.488.66
$252,488.66

159

Schedule CC

UNIVERSE TY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Transfers State Allotment
TOTAL ADDITIONS
DEDUCTIONS BUILDINGS Animal Husbandry - Farrowing House Dairy M achine Shed Cobalt M achine Building Cold Storage Freezer Room Poultry Range Shelter Poultry D isease
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS G as Line Nursery Area Paving Sheep Lots
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Freezing Animal Husbandry - State Creamery
TOTAL EQUIPMENT
REPAIRS Beef Cattle-Barns & Pens Greenhouses Moving A gric. Eng. Building Moving Greenhouse
TOTAL REPAIRS
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

Funds For Plant
Additions
$64,607.76
$ 3,000.00 750.00
$ 3.750.00

$ 632.91 531.37 135.23
12,000.00 79.23
5.396.47
$18,775.21

$

12.06

2,424.25

2,000.00

$ 4,436.31

$ 2,123.95 9,610.00 45.00
$11,778.95

$ 1,540.46 433.70 430.39
1,440.92
$ 3,845.47
$38,835.94
$29,521.82

Funds For Debt Service
$ $ $
$
$ $
$ $
$ $
$ $ $

Total $64,607.76
$ 3,000.00 750.00
$ 3,750.00

$ 632.91 531.37 135.23
12,000.00 79.23
5,396.47
$18,775.21

$

12.06

2,424.25

2,000.00

$ 4,436.31

$ 2,123.95 9,610.00 45.00
$11,778.95

$ 1,540.46 433.70 430.39
1,440.92
$ 3,845.47
$38,835.94
$29.521.82

4 *1 *
>] +
W AXA
HS
.d ii* > >4 * ^^ >1*
I P `4 Dfe 4*
"<1WB
^ 11

160

*1 A *A

Schedule DD

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960

BUILDINGS Animal Husbandry - Farrowing Dairy M ach. Shed-State Cold Storage Freezer Room Poultry Range Shelter Poultry D isease Cobalt Machine Bldg.
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BLDGS. Nursery Area Gas Line Pasture Repairs - Fencing Paving Steer & Feed Lots Paving Poultry - State Paving Sheep Lots
Dairy Farm Road
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Freezing Poultry T ests-S ta te Nursery An. Husbandry-State Creamery Equipment - State
TOTAL EQUIPMENT
REPAIRS Beef C attle Barn & Pens Greenhouse Moving Greenhouse Moving Ag. Eng. Building
TOTAL REPAIRS
SUB-TOTAL
Unexpended Balance
TOTAL PLANT
TRANSFERS From Educational & G eneral From R estricted TOTAL TRANSFERS

Cash Balance Receipts Ju lv 1. 1959 To Date

D isbursem en ts For Year

Transfers

Balances Tune 3 0, 1960

$ 632.91 $ 531.37
12,000.00 79.23
6,507.56 3,173.21
$22,924.28 $

$

632.91 $

531.37

12,000.00

79.23

5,396.47

135.23

$ 18,775.21 $

$
1,111.09 3,037.98 $ 4,149.07

$ 3,806.97 $ 12.06
706.80 112.13 3,173.39

$ 2,424.25 $ 12.06

2,000.00

( (--) 6 6 3 .9 9 (T) ( (-)l, 336.01(T)
(--)4 9 1 .50(T)

$ 1,382.72
706.80 112.13 3,173.39
491.50

$ 7,811.35 $

$ 4,436.31 $(-)2,491.50

$ 5.866.54

$ 3,997.25 $ 162.79
1,631.11 15,964.49
169.99 3,326.33
$25,251.96 $

$ 2,123.95 $
9,610.00 45.00
$ 11,778.95 $

$ 1,873.30 162.79
1,631.11 6,354.49
124.99 3,326.33
$13,473.01

$ 5,889.52 $ 1,059.45 f 1,179.70 ' 750.00
$ 8,128.67 $ 750.00
$64,116.26 $ 750.00
491.50
$64,607.76 $ 750.00

$ 1,540.46 433.70
1,440.92 430.39

$ (-) 1 , 0 0 0 . 0 0 (T)

$ 4,349.06 625.75 738.78 319.61

$ 3.845.47

H.000.00

$ 6,033.20

$ 3 8 , 8 3 5 . 9 4 $(--) 3 ,4 9 1 .5 0

$29,521.82

4 9 1 . 5 0 (T)

$ 38,835.94 $(-)3,000.00

$29,521.82

$1,663.99 1,336.01
$3,000.00

161

Schedule DD-1

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1960

VALUE OF PLANT, JULY 1, 1959
ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs not Capitalized Expended from Educational & General
TOTAL ADDITIONS
TOTAL VALUE OF PLANT JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS DURING YEAR Sale of Equipment Repairs for Prior Years Written Off
VALUE OF PLANT JUNE 3 0 , 1960

$38,835.94 3,845.47

$34,990.47 67,943.01

Schedule DD-2

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

InBvegeisntmnienngt Of Year

Additions

Deductions

BUILDINGS

Cattle Feed Shed

$ 10,000.00 $

$

Cobalt Machine Bldg.

1958

16,826.79

135.23

Cold Storage Freezer Room

1960

12,000.00

Dairy Barn Lab.

1952

36,980.29

Lounging Barn - Dairy

1953

3,290.58

Poultry Laying House

1953

4,333.55

Poultry Building

1953

95,154.26

Poultry Testing Bldg.

1953

23,789.13

Poultry Range Shelter

1959

2,920.77

79.23

Laborers' Cottages

1954

14,787.06

A .P .H .F . Poultry

2,500.00

Animal Husbandry-Farrowing House 1959

9,367.09

632.91

Animal H usbandry-Seal.Sh el.

1959

500.00

Animal H u s b . - F . S . M . Barn

1955-56

12,999.04

Poultry D isease

1955-56-59 319,713.44

5,396.47

Animal Husbandry-Labor Houses

1956

5,000.00

Animal Husbandry-Bull Barn

1956

1,000.00

Animal Husbandry-Mach. Shed

1956-59

9,500.00

Dairy Machine Shed

1956

4,468.63

531.37

Poultry - Other

1956

1,596.88

Swift Laying House

1956-59

16.500.00

TOTAL BUILDINGS

$ 591.227.51 $ 18,775.21

$

IMPROVEMENTS OTHER THAN BUILDINGS

Gas Line

1958 $

1,987.94 $

Animal Husbandry Pasture Imp.

1953

38,571.35

Dairy - Pasture Improvement

1955-56

17,599.11

12.06 $

$1,048,228.74

102,933.48 $1,151,162.22
-0______ - 0 - _____ $1,151,162.22

Inventaient Of Year

$ 10,000.00 16,962.02 12,000.00 36,980.29 3,290.58 4,333.55 95,154.26 23,789.13 3,000.00 14,787.06 2,500.00 10,000.00 500.00 12,999.04
325,109.91 5,000.00 1,000.00 9,500.00 5,000.00 1,596.88
16.500.00
$ 610,002.72

$

2,000.00

38,571.35

17,599.11

162

Fil
*k m&
. i*
i* M \y (f
J W ... li
I
It; A A
:< J t *
m
'f. f mk
\ \ m
w
js* jk; M
A >* I t V! ^
>' I. t rg f iHir J , *% r
f v>

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule DD-2 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

IMPROVEMENTS OTHER THAN BLDGS., (Cont'd)

Nursery Area

1959 $

Water System-Hort. Farm

1955-56

Paving Steer & Feed Lot

1958

Dairy Concrete & Lane

1955-56

Paving-Poultry

1958

Fencing & Gates

1956

Paving Sheep Lots

1960

TOTAL IMPROVEMENTS OTHER THAN BLDGS. $

2,193.03 3,420.37 9,887.87 5,614.81 1,026.61 1,806.07
82,107.16

$ 2,424.25 $ 2.000.00

$ 4,617.28 3,420.37 9,887.87 b, b i 4 . 81 1,026.61 1,806.07 2,000.00

$ 4 , 4 3 6 . 3 1 ___ $ _ ---------------------- $----- 8 6 , 5 4 3 . 4 7

EQUIPMENT Administrative Research Services Related Animal Husbandry Livestock Poultry State
TOTAL EQUIPMENT
TOTAL PLANT INVESTMENT

559.89 248,331.67
77,479.74 29,536.94
4,461.63 5,337.21
*!

$ 374. 894..07

0o0tC

$1-

,228,.74

71,927.01 7,794.95

$ 79,,721..96 $

00

$ 102,,933,

$

559.89 320,258.68
85,274.69 29,536.94
4,461.63 5,337.21
$ 454.616.03
$i., 151.162.22

163

SE* * m U
J.i, if * A
A
oa A *.
m If
h\ i
9
jlftv Hr 1
>5
M
V|&
[ft
I
'; J *
. k
pm
&

PART VII UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
Experiment, Georgia
/
Schedule EE - Schedule KK-3
165

Schedule EE

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
BALANCE SHEET June 30, 1960

I . CURRENT FUNDS A. GENERAL Cash on Hand and in Banks B. RESTRICTED Cash in Banks Due from Civil Defense Due from U .S .D .A . TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS

ASSETS
49,644.09 2,829.00 1,920.29

I I . PLANT FUNDS A. UNEXPENDED Cash in Banks B. INVESTED IN PLANT Land Improvements Buildings Equipment TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL ASSETS

$1,641,670.94 64,018.82
1,210,206.68 1,175,680.60

45,233.30

54,393.38

$ 99,626.68

25,732.43

4,091,577.04

4,117,309.47 $4,216,936.15

166


f i\ f
w V
rA' mH i V||> M IF
h B v
>j j f 1

Schedule EE
I. CURRENT FUNDS A. GENERAL Surplus B. RESTRICTED Fund Balances TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
BALANCE SHEET June 30, 1960
LIABILITIES

$ 45,233.30

54,393.38

$ 99,626.68

$ 25,732,43

B. INVESTED IN PLANT Equity of Univ, System Building Auth. Net Invested in Plant
TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS
TOTAL LIABILITIES AND SURPLUS

$ 290,507.96 3,801,069.08

4,091.577.04

4,117.309.47 $4,216,936.15

K lf I* >
167

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule FF

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Hatch Fund Regional Research Fund Title II
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Allied Chemical & Dye Company American Sheep Producers Council A. E. Staley Company American Cyanamid Company Civil Defense Corn Products Company Georgia Alumni Foundation National Science Fund Quartermaster Depot Shell Corporation Southern States Reg. IBM Work Phillips Petroleum Company Tennessee Corporation Tennessee Valley Authority Trust Company of Georgia U .S.D .A . Velsicol Corporation U . S. Rubber Company
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Dairy Products Farm Products Food Processing Products Eatonton Timber Sales Horticulture Products Livestock Miscellaneous Seed Revolving Used Equipment Bulletins Scrap Metal Our Part - S a les Tax Wool
TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$455,393.00 $ 13,450.00
730.367.00 165.406.00
13,450.00
$455,393.00 $ 922,673.00

$ 468,843.00
730.367.00 165.406.00
13,450.00
$1,,3 7 8 .0 6 6 .0 0

$

$

1,000.00 $

1,000.00

900.00

900.00

200.00

200.00

1,000.00

1,000.00

13,721.43

13,721.43

625.00

625.00

3,000.00

3,000.00

14,300.00

14,300.00

1,031.25

1,031.25

1,000.00

1,000.00

600.00

600.00

350.00

350.00

750.00

750.00

7,541.72

7,541.72

300.00

300.00

2,279.30

2,279.30

1,000.00

1,000.00

100.00

100.00

$

$ 49.698.70 $ 49,698.70

$ 10,409.65 $ 16,032.28

2,219.03 12,640.34

36.22

46,150.19

5,832.58

19,045.10 303.52

50,661.40 30.07

464.00

9,195.50

248.00

17.68

11.94

1.602.53

$ 54,003.50 $ 120.896.53

$ 12,628.68 28,672.62 36.22 46,150.19 5,832.58 69,706.50 333.59 9,195.50 464.00 248.00 17.68 11.94 1,602.53
$ 174,900.03

168

4
I1 A lti

Schedule FF (Continued)

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

STATEMENT OF CURRENT INCOME (Continued)

OTHER SOURCES Rents from Property TOTAL FROM OTHER SOURCES
TOTAL CURRENT INCOME NON-INCOME RECEIPTS
TOTAL CURRENT RECEIPTS

General Income

Restricted Income

$ 7.352.00 $

2,126.40

$ 7,352.00 $

2,126.40

$516,748.50 $1,095,394.63

1.662.25

$ 5 1 6 ,7 4 8 .5 0 $1,,0 9 7 ,0 5 6 .8 8

Total Income
$ 9,478,.40 $ 9,478,,40 $1,, 6 1 2 , 1 4 3 , .13
1,662,,25 $1,,6 1 3 ,8 0 5 .,38

->
yfl i

Vf 169

Schedule GG

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1960

Fund C la s s ific a tio n

General

Restricted

Salaries And
Wages

Object Classification Operating Supplies & Expense

Equipment

ADMINISTRATIVE & GENERAL Comptroller's Office Director's Office Faculty Benefits General Institution

$ 7,654.90 4,608.19
29,967.13 9.776.32

TOTAL ADMIN. & GEN.

$ 52.006.54

PHYSICAL PLANT

$ 72,269.84

LIBRARY

$ 17.285.39

ORGANIZED RESEARCH Agricultural Economics Agricultural Engineering Agronomy:Crops Section Agronomy:Forage Section Agronomy:Soils Section Animal Industry Chemistry Eatonton Project Area Entomology Food Processing Forestry Georgia Mountain Station Home Economics S c h . of Home E c . , Athens Horticulture Plant Pathology Plant Introduction Sta. Ag. Engineering-Tifton Ag.-Small Grains, Tifton Ag. - Crops, Tifton Ag. - Forage, Tifton Ag. - Soils, Tifton Ag. - Cons. & Irrig. , Tifton An. Industry-Tifton Animal D ise a ses-T ifto n Entomology-Tifton Horticulture -Tifton Peanut Work, Tifton Nemology-Tifton Ag. Economics-Athens Ag. Engineering-Athens Agronomy-Athens
An. Industry-Athens Dairy-Athens

$ 30,177.12 16,234.25 45,488.64 8,550.09 21,282.75 44,468.78 9,651.62
9,938.40 9,357.32 4,471.70 54,370.56 3,099.89 2,349.01 32,762.79 21,549.68 1,713.42
600.00 2,625.00 1,200.00 1,300.00
870.00 875.00 3,507.27 1,150.00 1,460.00 7,250.00 750.00
4,627.69 2,328.39
379.21 3,635.99
720.77

$

6,667.06 $ 12,857.92 $ 1,464.04

12,966.64

16,600.00

974.83

29,967.13

11.689.10

8,374.92

12,441.36

$ 31,322.80 $ 67,799.97 $ 14,880.23

$

125.00 $ 24,446.35 $ 46,310.09

$

$ 8,240.00 $ 1.448.45

$ 134,470.19 30,608.08 60,245.78 28,698.36 21,188.90 77,625.24 26,386.06 89,094.05 40,829.02 65,880.80 5,979.24 34,016.48 26,232.04 32,258.92 43,602.69 33,789.56 23,320.29 3,599.80 10,399.22 2,350.00 1,900.00 3,400.00 9,449.41 33,806.73 6,875.55 10,619.59 14,339.25 6,400.00 6,940.54 31,731.38 20,151.83 7,818.88
9,983.26 22,149.46

$ 130,881.55 36,436.88 89,252.39 32,025.01 30,590.68 81,707.44 31,767.33 44,562.50 38,892.41 61,272.05 8,247.76 68,180.06 21,374.28 24,335.63 63,739.80 42,272.54 15,770.82 4,199.80 12,624.83 2,947.00 3,200.00 4,270.00 9,687.04 28,475.00 6,959.92 10,709.36 19,673.10 6,700.00 5,574.87 32,413.40 18,959.70 7,249.80 11,697.36 18,649.88

$ 24,399.26 6,519.67
12,128.41 3,470.32 6,034.45
33,069.67 3,212.21
36,688.90 7,645.17 6,623.45 1,371.52
14,623.54 4,480.80 5,561.92 7,600.05 5,229.22 4,819.04
399.39 603.00
637.37 7,839.00 1,065.63 1,270.23
812.81 450.00 939.49 3,156.82 1,815.57 798.29 1,921.89 2,699.20

$

649.14

$

649.14

$ 1,638.40

$ 7,596.94

$ 9,366.50 3,885.78 4,353.62 1,753.12 5,846.52 7,316.91 1,058.14 7,842.65 4,229.84 7,342.62 831.66 5,583.44 3,476.85 4, 710.38 5,025.63 7,837.48 4,443.85

1,000.00
100.00 1,103.34
426.18 788.85 1,704.95 150.00
1,521.15

170

"f
' if V#
.\
S v \; 47
>i x Jp 3 w iwX J L
4 1f Kj

> >b % $ *%
W' m ? T :il

g m

*

m>
h Ik

11

> W

4

s : )j
Ky mf

Schedule GG (Continued)

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund C la s s ific a tio n

General

Re stricte d

Salaries And
Wages

Object Classification Operating Supplies & Expense

Equipment

ORGANIZED RESEARCH (Cont'd) Fore stry -Athens Horticulture -Athens Poultry-Athens Reg. Poultry Lab. Athens Sou. Piedmont Exp. S ta . Georgia Alumni Found. Seed Revolving Fund

$ 1,349.66
518.83

TOTAL RESEARCH

$350,613.83

TOTAL EDUC. & GEN. EXPENSES $ 4 9 2 , 1 7 5 . 6 0

TRANSFER TO: Plant Funds

$ 13,650.00

$

4,000.00 $

2,399.92

11,342.41

11,283.88

7,799.36

6,836.02

18,535.00

5,250.00

39,793.46

14,512.89

3,000.00

3,000.00

8,017.76

1.657.64

$1,068,628.59 $1,070,240.54

$1,100,076.39 _ $ L ,170,726.86

$

256.23

910.87

882.17

13,285.00

22,778.55

6,190.17

$252,189.28

$314,828.05

$

$ 1,343.85 497.32 600.00
2,502.02
169.95
$ 96,812.60
$106,697.08

NON-EXPENSE

__________________________ 4 0 0 .0 0

TOTAL CURRENT EXPENDITURES $ 5 0 5 ,8 2 5 .6 0

$1.100,476.39

171

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule HH

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

Balance Beginning
Of Year

Income For
Year

Expense For Year

Balance End
Of Year

Allied Chemical & Dye Company American Cyanamid Company American Society of Ref. Engineers American Sheep Producers Council Carbide & Carbon Company Climax Molybdenum Company Corn Products Company Civil Defense Eatonton Timber Sales Eatonton Sales Escrow Funds-Timber Georgia Alumni Foundation New England Confectioners A s s o c. Niagara Chemical Company National Science Foundation Phillips Petroleum Company Quartermaster Depot Refrigeration Research Foundation Shell Chemical Company Southern States IBM Work A .E . Staley, Company Soil & Fertilizer Fund Spencer Chemical Co. Tennessee Corporation Tennessee Valley Authority Trust Company of Georgia U .S.D .A . U . S . Rubber Company Velsicol Corporation Seed Revolving Fund Hatch Funds Regional Research Funds Title II Funds State Funds to Match Title II Funds State Funds to Match Reg. S-8 Funds Southern Piedmont Experiment Station
TOTALS

$ 100 .12 21 .4 6
973 .75
1,346 .06 933 .80
(--) 4 , 0 5 0 .4 3 28,396 .97
400,.00
220,.51 8,.30
(-) 515.,62 1 , 9 9 5 . ,01
541.,63 2 , 1 0 0 . ,00 1,126.,34
6.,42 319.,08 1 ,7 8 1 .,17 (--) 5 4 1 .,72
(-)854. 30
688. 38 2 ,3 6 9 . 50
2 ,8 1 4 . 83 1 2 .8 8 2 . 34
$ 5 3 ,0 6 3 . 60

$

1,000 .00

1,000 .00

900 .00

625 .00 13,721 .43 46,150 .19 37,258 .56
1,662 .25 3,000 .00

14,300 .00 350,.00
1,031..25
1,000,.00 600,.00 200,.00

750.,00 7 , 5 4 1 . ,72
300.,00 2 ,2 7 9 .,30
100.,00 1 , 0 0 0 . ,00 9 ,1 9 5 .,50 7 3 0,367.,00 1 6 5 ,4 0 6 . 00 13,450. 00 1 3 ,4 5 0 . 00
3 0 ,4 1 8 . 68
$1-,0 9 7 .0 5 6 . 88

$

419 .65

1,011 .67

800 .00 182 .02 933 .80

12,500 .00 51,835 .49 37,258 .56
400 .00 3,000 .00

8 .30 1,801 .28

515,.63 433,.83 794,.33 2,700,.00 383,.50
6,.42

1,126..94 7 , 0 0 0 . ,00

3 ,3 4 5 .,29

720.,63 8 ,0 1 7 . 76 7 3 0 ,3 6 7 . 00 165,406. 00 1 3 ,450. 00 1 3 ,4 5 0 . 00 2 ,8 1 4 . 83 3 9 ,7 9 3 . 46

CO
oo

$1,

39

$ 680 .47 9 .79
973 .75 100 .00 1, 164 .04
625 .00 (-)2 ,829 .00
22 ,711,.67
1, 662 .25
220,.51
12 ,4 9 8 ,.72 350,.00
1,,5 6 1 ,.18 747,,30
942.,84
319.,08 1,,4 0 4 .,23
300. 00 ( - ) l . ,9 2 0 . 29
100. 00 967. 75 3,,547. 24
3. 507. 56
$49, 644. 09

172

Schedule II
Employee's Bond Account Group Insurance Retirement Fund Sales Tax Social Security Withholding Tax (Federal) Withholding Tax (State)
TOTAL AGENCY FUNDS Schedule JJ
CURRENT FUNDS General Re stricted TOTAL CURRENT FUNDS
AGENCY FUNDS PLANT FUNDS
TOTAL

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Balance Beginning
Year

Receipts For Year

$

$ 3,432.50

20,535.66

31,608.54

404.83

21,925.17

104,843.68

847.29

Disbursements For
Year
$ 3,432.50 20,535.66 31,608.54 404.83 21,925.17
104,843.68 847.29

$

$183,597.67 $183.597.67

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Balance For
Year $
$

Cash Balance Tulv 1. 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 34,310.40 53,063.60
$ 87,374.00
$_ $ 66.755.02 $154,129.02

$ 516,748.50 1,097,056.88
$1.613.805.38 $ 183.597,67 $ 21.850.00 $1.819.253.05

$ 505,825.60 1,100,476.39
$1,606,301.99 $ 183,597.67 $ 62,872.59 $1,852.772.25

$ 45,233.30 49.644.09
$ 94,877.39
$ $ 25,732.43 $120.609.82

Petty Cash, Georgia Expertisi
Commercial Bank & Trust d " 3
Commercial Bank & Trust C Commercial Bank & Trust Commercial Bank & Trust C Commercial Bank & Trust Petty Cash, Southern Piedn * ,
TOTALS

^ v V r~,, v4

'' "
^

$ 300.00 85,860.34 25,732.43 3,547.24 1,662.25 3,432.56
_______ 7 5 .0 0
$120,609.82

Schedule II

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Employee's Bond Account Group Insurance Retirement Fund Sales Tax Social Security Withholding Tax (Federal) Withholding Tax (State)
TOTAL AGENCY FUNDS
Schedule JJ

Balance Beginning
Year

Receipts For Year

$

$ 3,432.50

20,535.66

31,608.54

404.83

21,925.17

104,843.68

847.29

Disbursements For
Year
$ 3,432.50 20,535.66 31,608.54 404.83 21,925.17
104,843.68 847.29

$

$183,597.67

$183,597.67

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Balance For
Year $
$

Cash Balance Tulv 1. 1959

Receipts For Year

CURRENT FUNDS General Re stricted
TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TOTAL

$ 34,310.40 53,063.60
1 87,374.00 t
$ 66,755.02 $154.129.02

$ 516,748.50 1.097.056.88
li,613.805.38 $ 183,597,67 $ 21.850.00
$1.819,253.05

BANK BALANCES

Petty Cash, Georgia Experiment Station Commercial Bank & Trust Company, Educational Commercial Bank & Trust Company, Plant Fund Commercial Bank & Trust Company, Seed Revolving Fund Commercial Bank & Trust Company, Escrow Funds Commercial Bank & Trust Company, Sou. PiedmontExperiment Station Petty Cash, Southern Piedmont Experiment Station
TOTALS

Disbursements Cash Balance

For Year

Tune 30, 1960

$ 505,825.60 1.100,476.39
$1.606.301.99 $ 183,597.67 $ 62,872.59 $1,852.772.25

$ 45,233.30 49.644.09
$ 94.877.39
$ $ 25,732.43 $120.609.82

$ 300.00 85,860.34 25,732.43 3,547.24 1,662.25 3,432.56
_______ 7 5 .0 0
$120,609.82

173

Schedule KK

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Funds For Plant
Additions

Funds For Debt
Service

BALANCE, BEGINNING OF YEAR

$66,755.02

$

ADDITIONS State Allotment Transfers from Educational & General Funds
TOTAL ADDITIONS

8,200.00 13.650.00

$88,605.02

$

DEDUCTIONS Buildings Improvements other than buildings Repairs
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

$41,124.40

$

3,793.60

17,954.59

$62.872.59

$

$25.732.43

$

Schedule KK-1

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Balance July 1,1959

Re ceints

Disbursements

Transfers

LAND Experiment
TOTAL LAND

$20,500.00

$

$

$

$20,500.00

$

$

$

BUILDINGS

Forage growth chamber &

greenhouse

$ 995.90

$

$ 995.90

$

Greenhouse, Blairsville

17,384.09

17,384.09

Dwelling house,Eatonton

10,000.00

10,000.00

Drier, Blairsville

5,000.00

4,666.96

Hort. & Ento.Greenhouse-Heating 2,730.42

2,433.36

Found,for erecting Quon.Huts

1,430.09

600.00

2,030.09

New Tenant House

4.200.00

3.614.00

TOTAL BUILDINGS

$37,540.50

$ 4,800.00

$41,124.40

$

IMPROVEMENTS OTHER THAN BLDGS.

Fencing

$ 224.47

$

$ 224.47

$

Hard Surfacing Roads,Eatonton

5,000.00

2,869.13

New sheeD lots

700.00

700.00

TOTAL IMPROVEMENTS OTHER THAN

BUILDINGS

$ 5.224.47

$ 700.00

$ 3,793.60

$

Total $66,755.02
8,200.00 13,650.00 $88.605.02
$41,124.40 3,793.60
17,954.59 $62,872.59 $25.732.43
Balance Tune 30, 1960
$20.500.00 $20,500.00
$
333.04 297.06 586.00 $ 1.216.10
$ 2,130.87
$ 2,130.87

174

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
Schedule KK-1 (Continued)
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (Continued)

Balance Tulv 1, 1959

Receipts

Disbursements Transfers

Balance Tune 30, 1960

REPAIRS

Dairy Cattle Feed Barn

$ 1,000.00

$

$ 1,000.00

$

Cowart Building

2,490.05

2,490.05

Cold Storage System-Flynt Bldg.

3,150.00

3,150.00

Heating System-Stuckey Bldg.

3,000.00

3,000.00

Weed Control Room-Greenhouse

2,000.00

512.25

Tenant House Repairs

6,200.00

6,200.00

Repairs-Mt. Station

2.000.00

1,602.29

TOTAL REPAIRS

$ 3,490.05

$16,350.00

$17,954.59

$

TOTAL PLANT FUNDS

$66,755.02

$21,850.00

$62,872.59

$

$
1,487.75 397.71
$ 1,885.46 $25,732.43

Schedule KK-2 VALUE OF PLANT, JULY 1, 1959

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1960

$3,931,176.29

ADDITIONS DURING YEAR Expended From Plant Funds Less Repairs not Capitalized Expended from Educational & General Funds Expended from Educational & General Gift of Plant Assets
TOTAL ADDITIONS DURING YEAR
TOTAL VALUE OF PLANT JULY 1, 1959 PLUS ADDITIONS

$62,872.59 17,954.59

$ 44,918.00 106,697.08 2,285.67* 8 , 000.00

161,900.75 $4,093,077.04

DEDUCTIONS DURING YEAR Buildings Demolished
VALUE OF PLANT JUNE 30, 1960 LESS: Equity University System Building Authority
NET INVESTMENT IN PLANT

$ 1,500.00

1,500.00 $4,091,577.04
290.507.96 $3.801,069.08

* $ 5 , 0 5 5 . 7 6 included in Educational & General Expense L ess Repairs Not Capitalized of $ 2 , 7 7 0 . 0 9 = Net $2, 2 8 5 .6 7 .

175

Schedule KK-3

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

Investment Beginning
Of Year

Additions

A. LAND Georgia Experiment Station 123 Acres 90 Acres 310.92 Acres 231.765 Acres 251.6 Acres 9 Acres 6 4.4 Acres 38.22 Acres 170.06 Acres Georgia Mountain Station 200 Acres 172 Acres
Eatonton Area 1 4 ,3 1 4 . 8 9 Acres Putnam & Morgan Counties

1889 1907 1937 1941 1942 1943 1945 1952 1954
1932 1948

$
169,526.40
9,182.67 18,347.87
5,500.00 6,825.00
800.00

1954 1 ,4 3 1 .4 8 9 .0 0

TOTAL LAND

$1,641.670.94

IMPROVEMENTS Fencing, Clearing Land, Surfacing Roads Fencing, W ells, E le c .S y s ., Telephone lines, drives R e -lo ca te Hot beds Clearing Land, Plant Apple Orchard, Blairsville Re-locate Sheep lots

$ 14,475.00
41,941.72 785.00
3,023.50

TOTAL LAND & IMPROVEMENTS t

$1.701.896.16

BUILDINGS Adm. Library-Auditorium Flynt Auditorium (Old) Nutrition Laboratory Old Horticulture Building Cowart Building Dairy Building Cow Testing Building Calf Sleeping Barn Swine Barn Potato Storage House Slaughter House Office (Soils) Livestock Bam Two Residences

1954 $ 371,857.58

1929

75,000.00

1908

6,000.00

1940

10,000.00

1896

3,000.00

1948

53,573.91

1940

19,167.52

1941

2,909.00

1925

500.00

1925

2,107.50

1930

700.00

1935

400.00

1932

1,000.00

1932

625.00

1932-38

3,000.00

$ $ 2,869.13
224.47
700.00 $ 3,793.60 $

Deductions

Inve stment End
Of Year

169,526.40

9,182.67 18,347.87
5.500.00 6.825.00
800.00

1 431,489.00

$

$1, 6 4 1 ,6 7 0 .9 4

$

$ 17,344.13

42,166.19 785.00

3,023.50 700.00

$

_____ 7 0 5 ,6 8 9 .7 6

$

$ 371,857.58

75,000.00

6,000.00 10,000.00

3,000.00

53,573.91 19,167.52

2,909.00

500.00 2,107.50

700.00 400.00 1,000.00

625.00

3,000.00

176

y
i
Ik'
l;j% * V( X
4 L I t I *
P 1
>| f
& * ff'
pX
P rH yih j* m m >5
f 1 T
rK
Vf
* YJr % > \ %f 13 >

* VI 4
9*
*f
4jt *
\lA
)4>
4; 1 >I
)|
I
>n * n 2
>
X
V *
I > r M*
1*

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)________________________ _________ ________________________________

Year

Investment Beginning

Investment End

Acquired

Of Year

Additions_____ Deductions________ Of Year

B. BUILDINGS (Cont'd)

Cow Barn Implement Shed Storage Cellar

1932 $

25.00 $

$

1940

20.00

1935

100.00

Exhibit Sheds

1940

130.00

Drier

1940

140.00

Dairy

1948

4,500.00

Three Residences

1948

1,600.00

Calf Barn Dairy Barn Sheep Barn

1948 1949 1949

400.00 3,250.00
750.00

Livestock Barn & Imp. Shed Shop

1949 1949

3,000.00 75.00

Fertilizer Storage House & Barn Greenhouse Drier Eatonton

1959 1959 19 59

8,000.00

17,384.09 4,666.96

Office Building Manager's House 13 Dwelling Houses Mule Barn (Calvert)

1955 1955 1955 1954

6,685.00 8,500.00 43,000.00
500.00

17 W ell Houses

1955

4,250.00

Garage (Calvert)

1954

1,000.00

Carpenter Shop

1954

2,000.00

Garage (Fire Trucks)

1954

1,500.00

8 Machine Shop

1954

3,000.00

Oil & Grease House

1954

300.00

Tool & Machinery Shed

1954

4,000.00

2 Metal Machinery Sheds 1 Pole Machinery Shed

1954 1954

6,000.00 1,000.00

2 Barns (Grain & Hay Storage) 2 Barns (Bullard Place)

1954 1954

18,000.00 5,000.00

Barn (White) Barn (Layson)

1954 1954

500.00 500.00

Hay Barn (Glades)

1954

3,000.00

3 Hay Feeding Shed(Glades)

1954

2,400.00

2 Hay Feeding Shed (Hall) Barn (Hall)

1954
1954

800.00 1,000.00

House (Hay Storage) (Hall)

1954

500.00

House (Grain & Hay Storag^(Broadnax) 1954

500.00

2 Hay Sheds (Garrison)

1954

1,600.00

2 Hay Sheds (Hargroves)

1954

1,600.00

Barns (Hargroves)

1954

1,000.00

Milking Barn (Carpenter)

1954

1,000.00

Barn (Carpenter)

1954

500.00

5 Corrals

1954

5,000.00

Utility Barn

1945

2,000.00

$

25.00

20.00

100.00

130.00

140.00

4,500.00

1,600.00

400.00

3,250.00

750.00

3,000.00

75.00

8,000.00

17,384.09

4,666.96

6,685.00 8,500.00 43,000.00
500.00 4,250.00 1,000.00 2,000.00 1,500.00 3,000.00
300.00 4,000.00 6,000.00 1,000.00 18,000.00 5,000.00
500.00 500.00 3,000.00 2,400.00 800.00 1,000.00 500.00 500.00 1,600.00 1,600.00 1,000.00 1,000.00 500.00 5,000.00 2,000.00

177

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3 Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning
Of Year

Additions

BUILDINGS (Cont'd) Cattle Sleeping Barn Agronomy Greenhouse C alf Nutrition Barn Chem. & Hort. Greenhouse Plant Pathology Greenhouse New. Hort. & Entomology Greenhouse General Storage Building Old Mule Barn Fertilizer & Seed Barn Drying House Sanford Barn Gin House Food Processing Laboratory Residences & Tenant Houses Weighing Office & Shed Barn (Westbrook Farm) Implement Shed-Beef Cattle Peach Packing & Imp. Shed Barn (Back of School) Ag. Implement Shed Forage Crop & Grain Dryer Forage Crop & Grain Dryer Sheep Barn Sheep Barn Cattle Feeding Sheds Mule Feeding Shed Pump House Plant Introduction Greenhouse Insectory Hog Farrowing Barn Gasoline House E n to., Forestry, & A g .E c . Shed Ag. Imp. & Mule Shed Silos (6 Concrete) Agric. Engineering Shop Dairy Heifer Feeding Barn Beef Cattle Feeding & Hay Storage Forage Crop Growth Chamber &
Greenhouse Plant Pathology Tool House Quonset Huts Barn Silos Mountain Station Office & Auditorium Cabin Laboratory
Community Cannery

1928 $

5,000.00

1930

1,500.00

1956

988.98

1930

2,000.00

1940

5,000.00

1957

23,634.79

1915

2,000.00

1920

3,000.00

1941

3,500.00

1935

1,500.00

1938

6,000.00

1946

6,000.00

1948

94,492.42

76,527.23

1941

600.00

1942

1,000.00

1941

600.00

1948

7,000.00

1941

1,000.00

1949

1,584.23

1949

1,000.00

1957

8,170.09

1943

2,000.00

1941

800.00

1941

1,600.00

1941

400.00

1941

200.00

1950

21,525.72

1950

800.00

1952

4,388.47

1953

1,252.96

1953

6,216.45

1953

3,731.11

1946

4,033.76

1957

44,856.74

1957

4,518.06

1957

6,061.50

1959 1958 1960 1960

15,870.98 3,168.50 569.91

1953 1932
1932

57,525.61 740.00 725.00

$ 1,000.00 3,237.18
1,070.15
3,210.19 7,211.50 3,520.00

Deductions

Investment End
Of Year

$ 1,500.00

$ 6,000.00 1,500.00 988.98 2,000.00 5,000.00
26,871.97 2,000.00 3,000.00 3,500.00 1,500.00 6,000.00 6,000.00
94,492.42 75,027.23
600.00 1,000.00
600.00 7,000.00 1,000.00 1,584.23 1,000.00 8,170.09 2,000.00
800.00 1,600.00
400.00 200.00 22,595.87 800.00 4,388.47 1,252.96 6,216.45 3,731.11 4,033.76 44,856.74 4,518.06 6,061.50
19,081.17 3,168.50 7,781.41 3,520.00
57,525.61 740.00
725.00

178

Vl',4 * Ifo
A 9.1
a' *
>h & vJM
If

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acguired

Investment Beginning
Of Year

Additions

B. BUILDINGS (Cont'd) Shop & Fertilizer House Barn (Burston) Dwelling Athens, Georgia Regional Poultry Brooder House Brooder House Pump House 2 Silos
TOTAL BUILDINGS
C . EQUIPMENT Admin. Bldg. (Bldg. Auth.) Administrative Agric. Economics Agric. Engineering Agronomy Animal Industry Chemistry Eatonton Project Area Entomology Food Processing Forestry Georgia Mountain Station Home Economics School of Home Economics, Athens Horticulture Library Plant Pathology Primary Station Sou. Piedmont Experiment Station Regional Poultry L ab., Athens College Experiment Station Georgia Coastal Plain Experiment Sta Plant Operations
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

1932 $

200.00 500.00

1954 1955 1955 1957

15,713.57 8,891.19 498.83 2.945.00
$1 . 1 6 0 , 2 9 6 . 6 1

$ 10,110.00
$ 51.410.07

$ 12,547.82 39,331.23 68,477.66 22,399.44
134,321.35 148,346.34
56,209.06 153,064.09
31,386.41 52,293.36
6,307.38 64,009.52 33,516.04 13,262.19 47,435.13 44,469.31 39,311.57 17,291.24
1,702.94 13,232.36 36,219.04 28,695.29
5,154.75
$1 . 0 6 8 , 9 8 3 . 5 2
$3 ,9 3 1 ,1 7 6 .2 9

$ 649.14
9,366.50 3,885.78 12,123.21 7,316.91 1,058.14 7,842.65 4,229.84 7,342.62
831.66 5,583.44 3,476.85 4,710.38 5,025.63 7,596.94 7,837.48 4,443.85 2,502.02
6,606.12 2,629.52 1.638.40
$106,697.08
$161,900.75

Deductions $ $1,500.00 $
$ $1,500.00

Investment End
Of Year

$

200.00

500.00

10,110.00

15,713.57 8,891.19 498.83 2.945.00

$1, 210,206.68

$ 12,547.82 39,980.37 77,844.16 26,285.22
146,444.56 155.663.25
57,267.20 160,906.74
35,616.25 59,635.98
7,139.04 69,592.96 36,992.89 17,972.57 52,460.76 52,066.25 47,149.05 21,735.09
4,204.96 13,232.36 42,825.16 31,324.81
6,793.15
,175.680.60
$4,,0 9 1 .5 7 7 .0 4

A. Adjustment - Repairs Written Off

179

4
i
I
M


*
I
PART VIII UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Tifton, Georgia
Schedule LL - Schedule RR-3
k
181

Schedule LL

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
BALANCE SHEET June 30, 1960

I. CURRENT FUNDS A. GENERAL Cash in Bank TOTAL GENERAL FUNDS B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS

ASSETS

$ 42,412.15
$ 53,764.80 4.454.32

$ 42,412.15 58.219.12

PLANT FUNDS A. UNEXPENDED
Cash in Bank
B. EXPENDED Land Improvements Other Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS

$ 6,572.38

$ 229,298.20 14,239.91
925.260.46 430,734.87

1,599,533.44 $1.606.105.82

TOTAL ASSETS

$1.706.737.09

182

Schedule LL (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
BALANCE SHEET June 30, 1960

I. CURRENT A. GENERAL Surplus TOTAL GENERAL FUNDS
B. RESTRICTED

LIABILITIES

$ 42.412.15

$ 42,412.15

Fund Balance TOTAL CURRENT FUNDS

58,219.12

n . PLANT FUNDS A. UNEXPENDED

Fund Balance
B. EXPENDED Equity in Univ. System Bldg. Auth. Invested in Plant

$ 6,572.38
$ 220,061.91 1.379.471.53

TOTAL EXPENDED TOTAL PLANT FUNDS

1.599.533.44

TOTAL LIABILITIES AND SURPLUS

$ 100,631.27
1,606,105.82 $1,706,737.09

183

Schedule MM

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS & GRANTS FROM PRIVATE SOURCES
Allied Chemical Corp. Arnold Dryer Co. O. S . Baker Fine Turf Grass Carolina Golf Assoc. Department of Agriculture Dow Chemical Corp. E. I . duPont de Nemours & Company Georgia State Golf Assoc. Georgia Veterinary Medical A ssoc. & Aux. Golf Course Supt's. Assoc. Herb M etcalf Co. Minerals & Chemicals Corp.
Rohm & Haas Company
Shell Chemical Corp. Southern Golf Assoc. Southern Turf Nurseries Tennessee Corporation Tidewater Experiment Station U. S , Army U. S. Golf Association U. S. Golf Assoc. Conference Fees
TOTAL GIFTS AND GRANTS
SALES & SERVICES
Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Forage Crops & Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tobacco
TOTAL SALES AND SERVICES

General Income

Restricted Income

Total Income

$377,825.00 $

$377,825.00

2,000.00 500.00 10.00 250.00
36,000.00 1,000.00 1,750.00 100.00 125.00 250.00 10.00 2,500.00 500.00 1,200.00 527.50 500.00 400.00 3,515.46 4,173.54 3,000.00 854.00

2,000.00 500.00 10.00 250.00
36,000.00 1,000.00 1,750.00 100.00 125.00 250.00 10.00 2,500.00 500.00 1,200.00 527.50 500.00 400.00 3,515.46 4,173.54 3,000.00 854.00

$

$59.165.50

$ 59.165.50

$ 2,966.15

$

3,481.58

117,056.35

1,192.52

32,252.29

758.08

72.17

7,090.42

251.00

,,11,668.37

11,672.40

401.40

8.164.60

$197,027.33

$

$ 2,966.15 3,481.58
117,056.35 1,192.52
32,252.29 758.08 72.17
7,090.42 251.00
11,668.37 11,672.40
401.40 8.164.60
$197,027.33

184

4 i
m* A
PV
)4 i
%
AH A *

i / - \*
W* y JT
j\
>* y
V i i.
>A
4
'v h
\
yH
mi
y B1

Schedule MM (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF CURRENT INCOME (Continued)

OTHER SOURCES Plant Rents
TOTAL OTHE R SOURCES
TOTAL CURRENT INCOME

General Income

Re stricte d Income

$ 771.48 1,980.00
$ 2,751.48
$577,603.81

$
$ $59,165.50

Total fricme
$ 771,.48 1,, 9 8 0 , . 0 0
$ 2t,751..48 $6 36 , , 7 6 9 . .31

185

Schedule NN

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

ADMINISTRATIVE & GENERAL Director's Office General
TOTAL ADMIN. & GEN.
PHYSICAL PLANT
LIBRARY
ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Forage Crops & Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tidewater Station Tobacco Turf
TOTAL ORGANIZED RESEARCH
TOTAL CURRENT EXPENDITURES
TOTAL EXPENDITURES Transfer to Plant Funds
TOTAL DISBURSEMENTS

Fund C la ssifica tion

General

Restricted

$ 25,909.79

$

31,662.34

$ 57,572.13

$

$ 51,011.22

$

$ 10,318.49

$

Salaries And
Wages

Object Classification Operating Supplies & Expense

Equipment

$ 24,749.88 21,103.45

$ 1,159.91 9,733.19

$ 825.70

$ 45,853.33 $ 10,893.10

$ 825.70

$ 19,909.70

$ 30,539.63

$ 561.89

$ 6.327.55 $ 3,100.00

$ 890.94

$ 19,580.22 45,533.69
134,617.20 27,691.06 3,603.40 25,249.21 6,478.44 13,794.63 16,345.04 58,869.26 13,777.88 18,690.46 32,730.94 18,165.76
14,056.29

$ 2,064.35
40,687.92
1,399.81 3,408.96 1,057.68
129.35 2,248.05
862.98 4,029.31

$449,183.48

$55,888.41

$568,085.32

$55,888.41

568,085.32 55,888.41 9 , 3 0 0 . 0 0 ________________

$577,385.32 $55,888.41

$ 13,463.39 36,789.97 47,166.97 52,695.60 3,049.92 13,180.67 5,444.16 10,496.41 15,336.61 52,963.92 11,078.16 13,784.96 21,868.28 16,055.11 1,079.92 11,373.78 3,813.33
$329,641.16
$401,731.74

$ 3,983.80 6,846.72
65,114.58 14,547.00
553.48 11,568.54
932.93 2,849.78 2,408.24 8,984.67 1,489.90 4,905.50 7,663.11 2,102.12 1,168.13 3,545.49
215.98
$138,879.97
$183,412.70

$ 2,133.03 1,897.00
24,400.00 1,136.38
500.00 101.35 448.44
329.63 2,267.50
3,199.55 137.88
$36,550.76
$38,829.29

186

4 >1 v
M1
A ll*
M1 A
1
* )A > 9 m
i
|* >ij1# t
>
V 1* V l i ,
*B >4 a H 1 15
Hi1
i vI
4 * !> fH $
is

Animal Pathology Department of Agriculture Georgia Poultry Association Georgia Vet. Medicine Association & Aux. U. S . Army
Grass Breeding Allied Chemical Corporation Arnold Dryer Company Commercial Solvents Corporation Escambia Chemical Corporation Southern Nitrogen Company Spencer Chemical Corporation U. S. Steel Corporation
Horticulture The Calunite Corporation Minerals & Chemicals Corpoiation
Plant Pathology Dow Chemical Corporation Rohm & Haas Company Shell Oil Corporation Tennessee Corporation
Soils
Tennessee Corporation Tidewater Station
National Plant Food Institute Sales (Restricted) Tobacco E. I . duPont deNemours & Co. Shell Chemical Corporation U . S . Rubber Company Turf Allied Chemical Corporation American Cyanamid Company California Spray-Chemical Corporation O. S. Baker Fine Turfgrass Carolina Golf Association E. I. duPont deNemours & Company Georgia Highway Department Georgia State Golf Association Golf Course Supt's. Assoc. Herb M etcalf Company Minnesota Mining & Manufacturing Company Southern Golf Association Southern Turf Nurseries Upjohn Company U. S. Golf Association, et al Animal Husbandry Bull Fund Pelleting Building

$ 3,818.79 161.10 25.36 715.76
2,000.00
1,927.37 7,216.56
200.00 300.00 3,718.50
1,336.03 2,500.00
400.00 400.00
1,023.60
473.91
2,079.20 993.30
500.00 750.00 500.00
6,400.00 1,662.48
500.00 1,000.00
420.89 500.00 6,316.33
475.00

$36,000.00 125.00
4,173.54 1,500.00
500.00
2,500.00 1,000.00
500.00 400.00 400.00
1,000.00 2,515.46
500.00 800.00
500.00
10.00 250.00 1,250.00 100.00 250.00
10.00 527.50 50.00 3,854.00

$35,384.33 161.10 139.49
5,003.00
623.20 200.00 300.00 276.61 602.04 2,806.92 237.40 131.12 289.16 400.00 129.35
2,248.05
87.28 775.70
10.00
1,662.48 100.00 250.00 10.00 283.13 420.89
1,292.81
2,064.35

TOTAL Included in Educational & General Income

$48.314.18 $59.165.50 $55,888.41 * * Included in Educational & General Expenditures

$ 4,434.46
10.87 (-)113.70
3,500.00 500.00
1,304.17 7,216.56 10M :
3,441.89
733.99 2,193.08
762.60 368.88 510.84 400.00
894.25
1,000.00 741.32
500.00 2,791.92
217.60
1,000.00 750.00 500.00
250.00 7,650.00
500.00 1,244.37
500.00 500.00 8,877.52
475.00 (-)2,064.35
$51.591.27

187

Schedule PP

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS
PLANT FUNDS TOTAL
The Bank of Tifton, Tifton, Georgia Educational & General Account
Schedule QQ

Cash Balance July 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance June 30, 1960

$ 42,193.66 50,487.71
$ 92,681.37

$577,603.81 59, 165.50
$636,769.31

$ 43,662.93

$ 17,719.00

$136,344.30

$654,488.31

BANK BALANCE

$577,385.32 55,888.41
$633,273.73
$ 54,809.55 $688,083.28

$ 42,412.15 53,764.80
$ 96,176.95
$ 6.572.38
$102,749.33

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

$156,048.50

Group Insurance Retirement Funds Sales Tax Social Security Federal Withholding Tax State Withholding Tax
TOTAL AGENCY FUNDS

Balance Beginning
Of Year $
$

Receipts For Year
$ 9,558.29 12,712.69 45.34 12,299.50 44,519.80 323.88
$79,459.50

Disbursements For Year
$ 9,558.29 12,712.69 45.34 12,299.50 44,519.80 323.88
$79,459.50

Balance End
Of Year $
$

Schedule RR

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, BEGINNING OF YEAR
ADDITIONS Transfer from Educational and General Appropriation South Georgia Natural Gas Company Right-of-way Georgia Power Company Right-of-way
TOTAL ADDITIONS
DEDUCTIONS Buildings Improvements Repairs Equipment
TOTAL DEDUCTIONS
BALANCE END OF YEAR

Funds For Plant Additions
$43,662.93
9.300.00 2.450.00 3.369.00 2.600.00
$61,381.93
$39,711.57 3,891.38
11,003.55 203.05
$54,809.55
$ 6.572.38

189

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule RR-1

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BUILDINGS Animal Husbandry Project Animal Husbandry Shed Sweetpotato Shed Greenhouse Admin. Bldg .Air Cond. Library
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BLDGS. Gibbs Farm W e ll, M itchell Farm Curbing Parking Area
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Fans, desks, etc. Air Cond. Library
Fume Hood Soils Lab Animal D is e a s e Lab.
TOTAL EQUIPMENT
REPAIRS Main Station
Animal D is e a s e Lab. Gibbs Farm Hort. Barns
TOTAL REPAIRS
TOTAL PLANT FUNDS

Balance Tulv 1. 1959

Receipts Disbursements

Transfers

Balance Tune 30, 1960

$32,125.50 931.22 76.27
$33,132.99

$ 3,000.00 4,700.00
$ 7.700.00

$34,919.38 12.25 27.20
4,752.74 2,117.30
$41,828.87

$ ( - ) 2 , 117.30 Eg.

$ 206.12 918.97 49.07
(-) 52.7 4

$2,117.30

$ 1,121.42

$ 1,224.05 241.50

$ 1.600.00

$ 232.83
1,541.25

$ 1 ,2 2 4 .0 5 Rep. $ 8 .6 7 Rep.

58.75

$ 1,465.55 $ 1.600.00 $ 1,774.08 $ 1,232.72

$

58.75

$ 956.43 $ 2,300.00 2,361.72
$ 5.618.15 $

$ 178.80
24.25 $ 203.05

$ 777.63 Rep. $ (2,117.30 Bid. ( 182.70 Rep. 2 ,3 6 1 .7 2 Rep. (-)24.25 Rep.
$ 5,415.00

$ 2,072.88
1,310.89 62.47
$ 3.446.24 $43.662.93

$ 4,450.00
3.969.00 $ 8,419.00 $17,719.00

$10,877.87 125.68

($ (-)777.63 Eq.

(

(--) 8 .6 7 Imp.

( (-)2, 361.72 Eq.

( ( - ) 1 , 2 2 4 .0 5 Imp.

( (-)182.70 Eq.

( (-)62.47 Rep.

24.25 Eq.

62.47 Rep.

$ 262.25
1,160.96 3.969.00

$11,003.55 $(-)4.530.52

$ 5,392.21

$54,809.55 $

$ 6,572.38

190

Schedule RR-2

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1960

VALUE OF PLANT, JULY 1, 1959
ADDITIONS DURING YEAR Expended from Plant Funds L ess Repairs Not Capitalized Expended from Educational and General Funds
TOTAL ADDITIONS DURING YEAR
TOTAL VALUE OF PLANT JULY 1, 1959 PLUS ADDITIONS
ADJUSTMENT OF EQUIPMENT ASSETS
VALUE OF PLANT JUNE 30, 1960
LESS: Equity University System Building Authority
NET INVESTMENT IN PLANT

$1,561,883.32

$54,809.55 11,003.55

$43,806.00 38,829.29

82,635,.29

$1,,6 4 4 ,5 1 8 ,.61

44,985,.17

$1-,5 9 9 ,5 3 3 .,44 2 2 0 , 0 6 1 . .91

$1,,3 7 9 ,471.,53

191

Schedule RR-3

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

A. LAND
192.90 A Original Tract 6 0 .7 0 A Tift #1 Tract 6 1 .6 0 A Tift #2 Tract 9 3 .7 7 A Henry Tift Tract 4 3 .9 3 A Mitchell Tract
214.70 A Choate Tract 165.00 A College Tract 552.90 A Carson Tract
2 .25 A Tifton Realty Tract .9 6 6 A Fulwood Tract
2 8.13 A Grimes Tract 4 .6 2 A Saunders Tract
425.06 A Decatur Co. Tract 1480.40 A Alapaha Tract
4 7 .0 0 A Alapaha Tract 5 3 .5 0 A Alapaha Tract 1223.30 A Alapaha Tract 5 0 . 0 0 A Cumby Tract 514.00 A Carpenter Tract 310.80 A Gibbs Tract 7 5 .0 0 A Bowen Tract

5 6 0 0 .5 2 6 A Land

TOTAL

Investment

Beginning

Acquired

Of Year

1919 $ 19,290.00

1925

6,070.00

1932

6,160.00

1935

9,377.00

1935

4,393.00

1936

10,735.00

1937

16,500.00

1937

36,395.00

1937

225.00

1937

289.80

1940

5,626.00

1940

1,600.00

1939

10,626.50

1941

14,804.00

1941

1,175.00

1941

567.75

1941

12,844.65

1950

3,000.00

1941

17,895.50

1956

36,454.00

1956

15.270.00

$ 229.298.20

Additions

IMPROVEMENTS Deep W e ll , Carpenter Farm Ditching & Draining Bowen Farm Deep W ell, Bowen Farm W e ll s , Gibbs Farm W ells, Mitchell Tract Liv estock Pens, Carpenter Farm Clearing Land, Alapaha Farm Curbing & Guttering Parking Area
Main Station

1958 $

1,482.23 $

$

1958

1,570.50

1959

1,889.58

1959

945.02

1959 1959

1,258.50 1,920.00

232.83

1959

3,400.00

1959

1.541.25

TOTAL IMPROVEMENTS

$ 12,465.83 $ 1,774.08 $

TOTAL LAND AND IMPROVEMENTS

$ 241.764.03 $ 1,774.08 $

BUILDINGS

Research Building

1937 $ 6 0 ,0 0 0 .0 0 $

$

Extension Building

1922

46,500.00

Administration, Library & Lab.

(Bldg.Auth.) Superintendent's Dwelling
Greenhouse, No. 1 Greenhouse No. 2 Greenhouse No. 3

1955 1956

284,045.25 4,000.00
4,000.00 23,337.00
8,200.00

2,117.30 4,752.74

192

Investment End
Of Year
19.290.00 6.070.00 6.160.00 9.377.00 4.393.00
10.735.00 16.500.00 36.395.00
225.00 289.80 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 36.454.00 15.270.00

$

1,482.23

1,570.50

1,889.58

945.02

1,491.33

1.920.00

3.400.00

1.541.25

$ 14,239.91

$ 243.538.11

$ 60,000.00 46,500.00
286,162.55 4,000.00 4,000.00
28,089.74 8,200.00

W
f
b iw *
&IM *
v d :} V
Jfi


Schedule RR-3 (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF INVESTMENT IN PLANT (Continued)

Acquired

Investment Beginning
Of Year

Additions

Deductions

B. BUILDINGS (Cont'd)

Car Shed Feed Sample House

<*

1,600.00 $

$

200.00

Engineer's Shop & Gr.Br.Shed

1,215.54

Machine Shop & Shed

1,145.83

Nematology Shop

750.00

Entomology Shop

1958

531.74

Main Barn

6,000.00

Insecticide House

1956

200.00

Oil House

100.00

Horticulture Barn

500.00

Employee's Cottage

2,000.00

Employee's Cottage

2,100.00

Employee's Cottage

2,150.00

Employee's Cottage

2,100.00

Employee's Cottage

2,000.00

Employee's Cottage

2,000.00

Gin & Seedhouse

7,650.00

Potato Curing House

3,000.00

Seed Drying House

3,500.00

Seed Cleaning House

1,200.00

Tobacco Packhouse

3,400.00

Tobacco Fertilizer House

850.00

Employee's Cottage

1,500.00

Agricultural Engineering Shed

1956

640.00

Tobacco Curing Barn (N .E.)

300.00

Tobacco Curing Barn (M ed.E.)

300.00

Tobacco Curing Barn (S .E .)

300.00

Tobacco Curing Barn (N.W .)

500.00

Tobacco Curing Barn (M ed.W .)

1955

500.00

Tobacco Curing Barn (S .W .)

300.00

Tobacco Packhouse

300.00

Soils Laboratory

1949

1,800.00

Soils Shed

1956

500.00

Employee's Cottage

800.00

Employee's Cottage

1,800.00

Employee's Cottage

500.00

Employee's Cottage

2,900.00

Insectory (Ent.)

1956

2,000.00

Insectory (Ent.)

300.00

Sheedpotato Shed

1958-59

823.73

27.20

Horticulture Main Barn

4,200.00

G rass Breeding Barn

400.00

G rass Breeding Pumphouse

50.00

Garage (Pit.Path.)

400.00

Employee's Cottage

2,000.00

Investment End
Of Year

$

1,600.00

200.00 1,215.54 1,145.83
750.00 531.74 6,000.00 200.00 100.00 500.00 2,000.00 2,100.00 2,150.00 2,100.00 2,000.00 2,000.00 7,650.00 3,000.00 3,500.00 1,200.00 3,400.00 850.00 1,500.00 640.00 300.00 300.00 300.00 500.00 500.00 300.00 300.00 1,800.00 500.00 800.00 1,800.00 500.00 2,900.00 2,000.00 300.00 850.93 4,200.00 400.00 50.00 400.00

2,000.00

193

Schedule RR-3 (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF INVESTMENT IN PLANT (Cont inued)

Acquired

Investment Beginning
Of Year

Additions

De d u c t i o n s

B. BUILDINGS (Cont'd) Employee's Cottage Agronomy Barn (F & P) Agronomy Barn (Agron.) Agronomy Barn (Peanuts) Shed & Storage Barn (F & P) Machine Shed (Agron.) Fertilizer Barn Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Small Animal House Animal D is e a s e Laboratory Animal D ise a se Isolation House Animal D ise a se Feed House Pump House Employee's Cottage Employee's Cottage (Dairy) Employee's Cottage Employee's Cottage Dairy and Dairy Barn Breeding Barn, Dairy Bull Shed, Dairy Bull Shed, Dairy Employee's Cottage, razed Employee's Cottage, An.Husb. Employee's Cottage Supt's. Cottage, An.Husb. Gas & Oil House, An. Hus. An. Husb. Mule Barn An. Husb. Machine Shed An. Husb. Machine Shed An. Husb. Hay Drying Shed An. Husb. Corn Crib An. Husb. Cow Barn An. Husb. Feed & Mill House An. Husb. Cow Barn Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Farrowing House Main Employee's Cottage Employee's Cottage

<;

2, 000,.00

4, 000 .00

4, 000,.00

4, 000,.00

2, 000,.00

1, 000,.00

1, 000,.00

650,.00

2, 800,.00

1, 500,.00

1944

2, 800,.00

1, 000,.00

3, 000,.00

1949

1, 800,.00

1950

71, 680,.74

1954

28, 880,.84

1950

300,.00

1954

200,.00

400,.00

3, 000,.00

1956

4, 300,.12

1956

4, 300,.12

33, 000,.00

400,.00

200,.00

200,.00

1959

1, 000,.00

1, 000,.00

1956

4, 122,.88

4, 000,.00

200,.00

8, 000,,00

1, 000..00

3, 276..88

1959

268..78

1958

1, 000.,00

2, 000.,00

2, 800..00

3, 000.,00

1, 000..00

2, 800.,00

2, 000.,00

2, 000.,00

3, 300.,00

1951

2, 500.,00

1959

2,,500 .00

$
12.,25 7,569 .65

$ 1,000.00

Investment End
Of Year

$

2, 000 .00

4, 000 .00

4, 000 .00

4, 000 .00

2, 000,.00

1, 000,.00

1, 000 .00

650,.00

2, 800 .00

1, 500,.00

2, 800,.00

1, 000,.00

3, 000,.00

1, 800,.00

71, 680,.74

28, 880,.84

300,.00

200,.00

400,.00

3, 000,.00

4, 300,.12

4, 300,.12

33, 000,.00

400,.00

200,.00

200,.00

1, 000,.00

4, 122,.88

4, 000,.00

200,.00

8, 000..00

1, 000..00

3, 276..88

281.,03

I, 000..00

2, 000.,00

2, 800.,00

3, 000.,00

1, 000.,00

2, 800.,00

2, 000.,00

2, 000.,00

3, 300.,00

2, 500.,00

72 ,, ,

500 569

.00 .65

194

Schedule RR-3 (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF INVESTMENT IN PLANT (Continued)

Acquired

Investment Beginning
Of Year

Additions

Deductions

B. BUILDINGS (Cont'd) An. D isease Laboratory Pig Parlor Swine Nutrition Barn Swine Nutrition Barn Swine Feed & Office Bldg. Swine Evaluation Bldg. Swine Evaluation Bldg. W ell Pump House Beef Evaluation Barn Livestock Arena, An. Hus. Miscellaneous Bldgs. Berrien County Pump House Employee's Cottage Main Dwelling Employee's Cottage Hay Barn Shed & Shop Barn Barn & Shed, Razed Commissary Building Decatur County Main Dwelling Hort. Dwelling Office & Storage Building Tool & Fertilizer Barn General Purpose Barn Implement Shed Tobacco Curing Barn 40 x 60' Tobacco Curing Barn 40 x 120' Tobacco Curing Barn 40 x 120' Foreman's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Employee's Cottage Tobacco Shade - Cloth Gibbs Farm Main Dwelling Employee's Cottage Employee's Cottage Employee's Cottage Main Barn

1957 $ 1957 1958 1958 1958-59 1958-59 1958-59 1958-59 1958-59 1959

8,767.83 1,200.00 3,991.93 3,991.92 13,118.00 4,527.12 4,527.12 1,000.00 11,762.82
1,450.00

1958 1958-59
1959

300.00 600.00 3,500.00 2,000.00 3,837.59 2,609.08 500.00 400.00 400.00

1952 1956

11,237.13 9,500.00 9,760.00 300.00 4,000.00 1,000.00 1,500.00 3,000.00 3,000.00 800.00 550.00 550.00 550.00 500.00 500.00 500.00

1956 1956 1956 1956 1956

6,200.00 3,565.00 4,219.00 4,757.60
900.00

$

$

27,349.73

400.00

(-) 1,700.00

Investment End
Of Year

$

8,767.83

1,200.00

3,991.93

3,991.92

13,118.00

4,527.12

4,527.12

1,000.00 11,762.82

27,349.73

1,450.00

300.00 600.00 3,500.00 2,000.00 3,837.59 2,609.08 500.00

400.00

11,237.13 9,500.00 9,760.00 300.00 4,000.00 1,000.00 1,500.00 3,000.00 3,000.00 800.00 550.00 550.00 550.00 500.00 500.00 500.00 1,700.00

6,200.00 3,565.00 4,219.00 4,757.60
900.00

195

4

Schedule RR-3 (Continued)

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

STATEMENT OF INVESTMENT IN PLANT (Continued)

BUILDINGS (Cont'd) Gibbs Farm (Cont'd) Tool Shed Shop Office Storage Barn Storage Barn & Shed Storage Barn & Shed Bowen Farm Employee's Cottage (E) Employee's Cottage (W) Mule Barn & Feed Storage General Purpose Barn Tobacco Barn (S) Tobacco Barn (N) Tobacco Barn, Steel (#29)
TOTAL BUILDINGS
EQUIPMENT Admin. Bldg. (Bldg. Auth.) Administration & General Physical Plant Library Research
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Acquired

Investment Beginning
Of Year

Additions

Deductions

1956 $ 1956 1956 1956 1956 1956

1,600.00 300.00
1,025.00 600.00 500.00 500.00

1956 1956 1956 1956 1956 1956

5,650.00 5,650.00 1,465.00 2,000.00 2,350.00 2,350.00
200.00

$ 883.131.59

$ $41,828.87

$ $ (--) 3 0 0 .0 0

$

6,539.73

26,199.56

12,451.18

20,885.80

370,911.43

$ 436,987.70

$1 , 5 6 1 , 8 8 3 . 3 2

$ 825.70 740.69 890.94
36,575.01
$39,032.34
$82,635.29

$

21.00

(-) 147.91

(-) 32.9 2

(-)554.27

45,999.27

$45,285.17

$44,985.17

Investment End
Of Year

$

1,600.00

300.00

1,025.00

600.00

500.00

500.00

5,650.00 5,650.00 1,465.00 2,000.00 2,350.00 2,350.00
200.00

$ 925,260.46

$

6,518.73

27,173.17

13,224.79

22,331.01

361,487.17

$ 430,734.87

$1,,5 9 9 ,5 3 3 .4 4

196

Georgia Institute of Technology FINANCIAL REPORT
For the Year Ended June 30, I960

GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, Georgia

Edwin D. Harrison
President

J. R. Anthony
Comptroller

197

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Imprest Cash U. S. Government Bonds Accounts Receivable Veterans Administration State Vocational Funds Georgia Tech Res. Institute TOTAL GENERAL FUNDS
B. SOUTHERN TECHNICAL INSTITUTE Cash in Bank Imprest Cash Accounts Receivable Veterans Administration TOTAL SOUTHERN TECHNICAL INSTITUTE
C. ENGINEERING EXPERIMENT STATION Cash in Bank Imprest Cash Accounts Receivable G . T. R. I. Projects Georgia Institute of Technology Other Research Contracts Miscellaneous TOTAL ENGINEERING EXPERIMENT STATION
D. RESTRICTED Cash in Bank Accounts Receivable National Institute of Health TOTAL RESTRICTED FUNDS
E. AUXILIARY Cash in Bank Imprest Cash U. S. Government Bonds Accounts Receivable Veterans Administration Stores (Inventories) Bookstore Dining Halls TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

$
$ 425.00 12,240.40 18,982.47

127,800.79 27,035.00
540,000.00
31,647.87 $

726,483.66

$ 75,550.53 4,000.00
_________ 8 0 5 .0 0

80,355.53

$
$191,232.45 18,982.47
113,077.07 20,298.04

6,948.76 200.00
343,590.03

350,738.79

$ 414,487.40 5,985.00

420,472.40

$
$151,071.27 9,282.46

263,100.95 6,090.00
100, 000.00
16.00
160,353.73

529,560.68 $ 2,107,611.06

198

\(W
|19|
11
$
i|
7% *; % v| V ;X M i|4
i
t: YM.
0m '
4
-
A
1*4 cir # 4 4
llf
p i| < mt i lm
l
i tf

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 196
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Accounts Payable Due to Experiment Station
Unearned Income Unappropriated Surplus

$ 65,482.77 10,664.48 18,982.47
204,758.50 426,595.44

TOTAL GENERAL FUNDS
B. SOUTHERN TECHNICAL INSTITUTE Purchase Orders Outstanding Accounts Payable Unappropriated Surplus
TOTAL SOUTHERN TECHNICAL INSTITUTE
C. ENGINEERING EXPERIMENT STATION Purchase Orders Outstanding Unappropriated Surplus

$ 726,483.66

$

3,171.80

340.00

76,843.73

80,355.53

$ 87,007.71 263,731.08

TOTAL ENGINEERING EXPERIMENT STATION
D. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
E. AUXILIARY Accounts Payable Purchase Orders Outstanding Reserve for Stores (Inventories) Unearned Income Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

350,738.79
$ 420,472,40
420,472.40
$ 17,909.63 939.19
160,353.73 83,780.89
266,577.24
529,560.68 $ 2,107,611.06

199

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET June 30, 1960

ASSETS (CONTINUED)

m AGENCY FUNDS Cash in Bank

$ 726, 221.42

III. ENDOWMENT FUNDS Cash in Bank Investments Real Estate W . G. S. T. Radio Station Stocks Preferred Common Georgia Tech Bonds University System Building Authority Bonds U. S. Government Bonds

$ 70, 501.67

$ 74,015.78 4,915.58

10,491.25 42,145.88 130.000. 951.000.
2,400.00

00 00 1,214,968.49

TOTAL ENDOWMENT FUNDS

1,285,470.16

IV. STUDENT LOANS Cash in Bank Investments Notes Receivable (Students) University System Building Authority Bonds

$ 90,966.45

$ 82,818.18 38,000.00

120,818.18

TOTAL STUDENT LOANS

211,784.63

V. PLANT FUNDS A. UNEXPENDED Cash in Bank U. S. Government Bonds

$ 104,344.22 6,643,571.58

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

$ 6, 747, 915.80

$ 2,593,282.88 23,255,014.15 2,312,844.42 7,696,280.32

35,857,421.77

42,605,337.57

$46,936,424.84

200

LIABILITIES (CONTINUED)
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

GEORGIA INSTITUTE OF TECHNOLOGY BALANCE SHEET June 30, 1960
$ 726,221.42 $ 1,285,470.16

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOANS Fund Balance
TOTAL STUDENT LOANS
V. PLANT FUNDS A. UNEXPENDED Reserve for Bond Sinking Fund Reserve for Callaway No. 1 Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Bonds Payable Equity of University System Building Authority Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

1,285,470.16
$ 211,784.63
211,784.63
$ 211,772.50 38,475.66
470,119.27 6,027,548.37
$ 6,747,915.80
$ 1,417,000.00 6,976,946.15
27,463,475.62 35,857,421.77 42,605,337.57 $46,936,424.84

201

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF INCOME AND EXPENDITURES For Year Ended June 30, 1960

202

Educational & General

So. Tech

Experiment

Auxiliary

Student

General

Restricted Institute

Station

Enterprises

Plant

Aid

Total

INCOME

Student Fees

$2, 506,735.24 $

$289,181.25 $

$

$

$

$ 2,795,916.49

Public Appropriations

State of Georgia

3,284,500.00

266,000.00 513,923.00

126,500.00

4,190,923.00

Other

45,482.48

50,000.00

95,482.48

Endowment

13,248.20

162.48

6,070.27

23,970.02

43,450.97

Gifts and Grants

118,222.40 180,259.21 4,000.00

1,800.00 349,429.15

653,710.76

Sales and Services

2,913,175.97

11,178.71

2,924,354.68

Bookstore

832,443.96

832,443.96

Dormitorie s

549,645.47

549,645.47

Apartments

288,611.31

288,611.31

Dining Halls

815,828.84

815,828.84

Residential Property

12,857.03

12,857.03

Military Uniforms

114,205.50

114,205.50

Parking Lots

14,350.00

14,350.00

Health Service Fees

156,921.00

156,921.00

Other Sources

Research Contract

Overhead

215,616.20

215,616.20

University System

Bldg. Auth.

3,985.17

3,985.17

Rent from Alex.

Mem. Bldg.

18,082.05

33,961.15

52,043.20

Radio Station

W . G. S. T.

100,000.00

100,000.00

Temporary Investments General and M isc.

1,332.50 36,207.46

400.00

80.44

258,080.23

259,412.73 36,687.90

TOTAL INCOME

$6, 193,944.05 $225,904.17 $559,581.25 $3,433,169.24 $2,818, 904.70 $ 551,544.11 $373,399.17 $14,156,446.69

Inter-Fund Transfers

55,819.29 10,404.94

101.39 234,013.55

66,205.42 938,047.43

1,304,592.02

TOTAL CASH

RECEIPTS

$ 6 ,2 4 9 ,7 6 3 .3 4 $ 2 3 6 ,3 0 9 .1 1 $ 5 5 9 ,6 8 2 .6 4 $ 3 ,6 6 7 ,1 8 2 .7 9 $ 2 ,8 8 5 , 110.12 $1,,4 8 9 ,5 9 1 .5 4 $ 3 7 3 ,3 9 9 .1 7 $ 1 5 ,4 6 1 ,0 3 8 .7 1

B. EXPENDITURES

EDUCATIONAL AND

GENERAL

General Administration $ 2 8 1 ,6 1 3 .6 1 $

General Expense

400,642.59

Student Welfare

74,277.37

$51,610.52$ 272.84 35, 186.51
3,524.00

83,306.65 $ 41, 156.93 $

457,687.71 436,101.94
77,801.37

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY OF INCOME AND EXPENDITURES (CONTINUED)

203

Educational & General

So. Tech

General

Restricted Institute

Experiment

Auxiliary

Station ' Enterprises

Plant

Student Aid

Total

B. EXPENDITURES (CONT'D)

EDUCATIONAL AND

GENERAL (CONT'D)

Plant Operations

$ 914,838.31$

$ 72,485.82 $

$

$

$

$ 987,324.13

Library

287,417.56 9,013.84

296,431.40

Instruction

3,226,507.22 117,700.34 380,062.71

3,724,270.27

Academic Research

106,033.51

106,033.51

Extension

333,146.17 45,482.48

378,628.65

Research Contracts

2,276,337.52

2,276,337.52

Station Supported Research

213,485.30

213,485.30

Divisional Expense

406,161.84

406,161.84

Service Groups

242,660.92

242,660.92

Capital Additions and

Improvements

76,949.80

76,949.80

Maintenance and Operation

124,245.47

124,245.47

General and Miscellaneous

186,121.35

186,121.35

Vacation Adjustments

(-) 11, 918.53

(--) 1 1 , 9 1 8 . 5 3

Bookstore

734,313.64

734,313.64

Dormitories

300,186.30

300,186.30

Apartments

202,436.02

202,436.02

Dining Halls

760,343.03

760,343.03

Residential Property

3,083.60

3,083.60

Military Uniforms

109,944.99

109,944.99

Infirmary

124,120.60

124,120.60

Parking Lots

2,350.20

2,350.20

Alexander Mem. Bldg.

17,097.86

17,097.86

Additions

1,042,955.76

1,042,955.76

Indebtedness Retired

250,579.25

250,579.25

Interest on Indebtedness

30,888.54

30,888.54

Authority Rentals

61,426.80

61,426.80

Other

3,409.97

3,409.97

Fellowships

72,530.47

72,530.47

Scholarships

280,399.23

280,399.23

Prizes

230.00

230.00

TOTAL EXPEND.

$5,624,476.34 $172,469.50 $542,869.56 $3,597,350.32 $2,295,033.17 $1,389,260.32 $353,159.70 $13,974,618.91

Transfers

364,189.25 6,930.48 9,316.50

48,754.90 543,395.63

78,587.59

1,051,174.35

TOTAL

DISBURSEMENTS

$5f 988f 665. 59 $179, 3 9 9 .9 8 $ 5 5 2 ,1 8 6 .0 6 $ 3 ,6 4 6 , 105.22 $ 2 ,8 3 8 ,4 2 8 .8 0 $ 1 ,4 6 7 , 847.91 $353, 159.70 $ 1 5 ,0 2 5 ,7 9 3 .2 6

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES DAY SCHOOL Non-Resident Tuition Matriculation Summer School Other EXTENSION DIVISION Non-Resident Tuition Matriculation Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Operations Vocational Funds State Federal TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT Julius L. Brown Josephine Cloudman Lloyd C. Daniels Jennie L. Hamilton Broadus E. Willingham TOTAL ENDOWMENT
GIFTS AND GRANTS Atlas Powder Company Budd Company Burlington Industries Foundation Stephen Campbell Warren R. Clemens Dow Chemical Company Georgia Tech Foundation Price Gilbert, Jr. B. F. Goodrich Fund, Inc. Hughes Aircraft Company J. M. Huber Corporation I. B. M. Corporation Dana H. Johnson National Lead Foundation Service Bureau Corporation Textile Education Foundation Westinghouse Education Foundation Restricted Gifts and Grants TOTAL GIFTS AND GRANTS

General

Restricted

Total

Income__________ Income_________ Income

$ 810,277.37 $ 898,818.00 381,390.80 19,896.86
56,103.53 333,241.15
7,007.53 $ 2,506,735.24 $

$ 810,277.37 898,818.00 381,390.80 19,896.86
56,103.53 333,241.15
7,007.53 $ 2,506,735.24

$ 3,284,500.00 $

$ 3,284,500.00

$ 3,284,500.00

23,172.37 22,310.11 $ 45,482.48

23,172.37 22,310.11 $ 3,329,982.48

$

8,299.43 $

$

8,299.43

4,836.27

4,836.27

139.98

139.98

112.50

112.50

22. 50

22.50

$

13,248.20 $

162.48 $

13,410.68

$

9.00 $

$

9.00

240.00

240.00

25.00

25.00

10.00

10.00

10.00

10.00

10.00

10.00

110,141.40

110,141.40

100.00

100.00

60.00

60.00

40.00

40.00

20.00

20.00

202.00

202.00

10.00

10.00

25.00

25.00

10.00

10.00

6,310.00

6,310.00

1,000.00

1,000.00

180,259.21

180,259.21

$ 118,222.40 $180,259.21 $ 298,481.61

204

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) OTHER SOURCES Research Contracts Overhead Rent from Alexander Memorial Building Interest on Investments General and Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFERS From General Funds From University System Building Authority From Restricted Funds From Experiment Station From Plant Funds TOTAL TRANSFERS
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. SOUTHERN TECHNICAL INSTITUTE STUDENT FEES Non-Resident Tuition Matriculation Health Service Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Operations
GIFTS AND GRANTS Textile Education Foundation
OTHER Rent - Experiment Station
TOTAL SOUTHERN TECHNICAL INSTITUTE INCOME
TRANSFERS From Plant Fund
TOTAL SOUTHERN TECHNICAL INSTITUTE RECEIPTS
C . ENGINEERING EXPERIMENT STATION INCOME FOR DIRECT EXPENDITURES Georgia Tech Research Institute - Contracts Other Sponsored Research Services to Georgia Tech TOTAL INCOME FOR DIRECT EXPENDITURES

General Income

Restricted Income

Total Income

$ 215,616.20 $ 18,082.05 1,332.50 36,207.46
$ 271,238.21 $

$ 215,616.20 18,082.05 1,332.50 36,207.46
$ 271,238.21

$ 6,193,944.05 $225,904.17 $ 6,419,848.22

$

$ 8,317.50 $

8,317.50

300.00

300.00

4,624.00

2,087.44

6,711.44

40,000.00

40,000.00

10,895.29

10,895.29

$

55,819.29 $ 10,404,94 $

66,224.23

$ 6, 249, 763.34 $236,309.11 $ 6,486,072.45

$ 45,068.80 $ 227,175.20 9,716.00 7, 221.25
$ 289,181.25 $

$ 266,000.00 $

$

4,000.00 $

$

400.00 $

$ 559,581,25 $

$

101.39 $

$ 559,682.64 $

$ 45,068.80 227,175.20 9,716.00 7,221.25
$ 289,181.25

$ 266,000.00

$

4,000.00

$

400.00

$ 559,581.25

$

101.39

$ 559,682.64

$ 1,602,730.36 $ 424,289.70 7,462.46
$ 2,034,482.52 $

$ 1,602,730.36 424,289.70 7,462.46
$ 2,034,482.52

205

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

C. ENGINEERING EXPERIMENT STATION (CONTINUED) INCOME FOR INDIRECT EXPENDITURES AND STATION SUPPORTED RESEARCH Georgia Tech Research Institute - Contracts Other Sponsored Research Services to Georgia Tech Cooperative Research Service Groups Georgia Tech Research Institute - For Computer F a cilitie s Miscellaneous Income Endowment Daniel Guggenheim Philip R. Lamar Louis Wellhouse Public Appropriations State of Georgia - Operations TOTAL INCOME FOR INDIRECT EXPENDITURES AND STATION SUPPORTED RESEARCH
TOTAL ENGINEERING EXPERIMENT STATION INCOME
TRANSFERS From Educational and General Funds For Services and F acilities General From Plant Funds TOTAL TRANSFERS
TOTAL ENGINEERING EXPERIMENT STATION RECEIPTS
D. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman G irls' Dormitory Glenn Harris Harrison Howell Smith T e c h wood Technical Institute Towers TOTAL DORMITORIES

General Income

Restricted Income

Total Income

$ 518,002.33 $ 168,387.21 2,987.04 680.02 44,034.94 130,116.57 14,485.34
4,967.09 1,026.58
76.60
513,923.00
$ 1,398,686.72 $
$ 3,433,169.24 $
$ 230,155.26 $ 200.00
3,658.29 $ 234,013.55 $
$ 3,667,182.79 $
$ 832,443.96 $
$ 25,452.34 $ 27,292.39 1,932.00 97,787.02 30,102.31 39,672.67 27,211.33 84,617.00 92,678.94 47,710.79 75,188.68
$ 549,645.47 $

$ 518,002.33 168,387.21 2,987.04 680.02 44,034.94 130,116.57 14,485.34
4,967.09 1,026.58
76.60
513,923.00
$ 1,, 3 9 8 , 6 8 6 . 7 2
$ 3,, 4 3 3 , 1 6 9 . 2 4
$ 230,155.26 200.00
3,658.29 $ 234,013.55
$ 3,,6 6 7 ,1 8 2 .7 9
$ 832,443.96
$ 25,452.34 27,292.39 1 , 9 3 2 . 00~ 97,787.02 30,102.31 39,672.67 27,211.33 84,617.00 92,678.94 47,710.79 75,188.68
$ 549,645.47

206

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

D. AUXILIARY ENTERPRISES (CONTINUED) APARTMENTS Burge Callaway Callaway No. 1 Lawson JLVJIAL ArAKi MENTS
DINING HALLS Brittain Southern Technical Institute Bradley 1VJ1AL iJIISJlJMCji xlALLo
RESIDENTIAL PROPERTY
MILITARY UNIFORM SALES
PARKING LOT FEES
HEALTH SERVICE FEES
ALEXANDER MEMORIAL BUILDING RENTALS
OTHER
TOTAL AUXILIARY ENTERPRISES INCOME
TRANSFERS From University System Building Authority From Plant Fund
TOTAL AUXILIARY ENTERPRISE RECEIPTS
E. STUDENT AID ENDOWMENT INCOME
GIFTS AND GRANTS
TOTAL STUDENT AID
TOTAL CURRENT INCOME
TOTAL TRANSFERS
TOTAL CURRENT RECEIPTS

General Income

Restricted Income

Total Income

$

51,275.05 $

131,084.58

6,249.40

100,002.28

$ 288,611.31 $

$ 51,275.05 131,084.58 6,249.40 100,002.28
$ 288,611.31

$ 424,499.30 $ 131,727.13 259,602.41
$ 815,828.84 $

$

12,857.03 $

$ 114,205.50 $

$

14,350.00 $

$ 156,921.00 $

$ 33,961.15 $

$

80.44 $

$ 2,818,904.70 $

$ 424,499.30 131,727.13 259,602.41
$ 815,828.84

$ 12,857.03

$ 114,205.50

$ 14,350.00

$ 156,921.00

$ 33,961.15

$

80.44

$ 2,818,904.70

$

64,984.40 $

1,221.02

$

66,205.42 $

$ 2,885,110.12 $

$ 64,984.40 1,221.02
$ 66,205.42.
$ 2,, 8 8 5 , 1 1 0 . 1 2

$

$ 23,970.02 $

23,970.02

$

$349,429.15 $ 349,429.15

$

$373,399.17 $ 373,399.17

$13,005,599.24 $599,303.34 $13, 604,902.58

$ 356,139.65 $ 10,404.94 $ 366,544.59

$13,361,738.89 $609,708.28 $13, 971,447.17

207

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

Fund C la ssificatio n

General

Restricted

Salaries and
Wages

Object Classification Operating
Supplies and Expenses

Equipment

A. EDUCATIONAL AND GENERAL GENERAL ADMINISTRATION President's Office Comptroller's Office Registrar's Office TOTAL GENERAL ADMINISTRATION

$

34,711.58 $

133,686.96

113,215.07

$ 281,613.61 $

$ 34,711.58 $ 133,686.96 87,714.69
$ 256,113.23 $

$

21,360.55

4,139.83

21,360.55 $ 4,139.83

GENERAL EXPENSE

Alumni Office

$ 13,364.10 $

Public Relations

39,769.24

Faculty and Staff Benefits

179,309.82

General Institutional Expense

168,199.43

Miscellaneous

TOTAL GENERAL EXPENSE

$ 400,642.59 $

$
272.84 272.84 $

9,099.84 37,915.65 18,372.49 20,054.97
85,442.95

$ 4,264.26 1,325.59
160,937.33 117,190.07
$ 283,717.25

$ 528.00
30,954.39 272.84
31,755.23

STUDENT WELFARE

Dean of Students

$

63,087.37 $

Y. M. C. A.

11,190.00

TOTAL STUDENT WELFARE

$

74,277.37 $

$ 59,270.95 $ 11,190.00
$ 70,460.95 $

2,818.88 $ 2,818.88 $

997.54 997.54

PLANT OPERATIONS

Physical Plant

$ 808,574.85 $

Miscellaneous and Insurance

106,263.46

TOTAL PLANT OPERATIONS $ 9 1 4 , 8 3 8 . 3 1 $

$ 546,298.23 9,101.95
$ 555,400.18

$ 251,749.00 95,894.71
$ 347,643.71

$ 10,527.62 1,266.80
$ 11,794.42

LIBRARY

$ 287,417.56 $ 9,013.84 $ 201,109.21 $

7,132.48 $ 88,189.71

INSTRUCTION ENGINEERING COLLEGE
Dean's Office Aero Engineering 'Architecture Ceramic ChemicalCivil Electrical Engineering Mechanics Industrial Mechanical Textile
TOTAL ENGINEERING COLLEGE

$ 30,541.69 $

$ 28,591.45 $

1,660.19 $

290.05

79,725.78

1,176.15

74,140.74

3,823.73

2,937.46

179,732.05

1,976.39

168,547.68

10,442.06

2,718.70

60,655.84

53,286.91

2,923.34

4,445.59

113,810.72

3,490.27

97,061.72

6,058.44

14,180.83

184,764.11

18,165.07

168,673.28

19,260.91

14,994.99

216,403.68

906.03

204,220.68

4,689.51

8,399.52

196,311.12

193,416.88

1,653.20

1,241.04

145,426.49

3,090.85

131,432.52

5,111.35

11,973.47

218,665.46

5,183.15

201,947.64

11,971.65

9,929.32

86,510.19

80,181.21

3,974.40

2,354.58

$ 1,512,547.13 $ 33,987.91 $1,401,500.71 $ 71,568.78 $ 73,465.55

208

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la s s ifica tio n _____ General________ Restricted

__________ O bject C la s s ifica tio n ____________

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

A. EDUCATIONAL AND GENERAL (CONT'D)

INSTRUCTION (CONT'D)

GENERAL COLLEGE

Dean's Office

$ 19,635.61

Applied Biology

24,852.63

Chemistry English

245,362.26 177,670.99

Industrial Management Mathematics

194,201.74 279,155.71

Modern Languages Music

43,687.95 13,003.38

Physical Training

68,825.25

Physics

214,789.83

Psychology

39,107.92

Social Science

70,111.10

TOTAL GENERAL COLLEGE

$ 1,390,404.37

MISCELLANEOUS INSTRUCTION

Dean of Faculties

$

Co-op

Graduate Division

Army R. O. T. C.

Air R. O. T. C.

Military Property

Naval Science

Summer School

TOTAL MISCELLANEOUS

INSTRUCTION

$

25,472.55 24,722.64 47,163.29
7,578.78 5,563.25 4,599.96 3,889.33 204,565.92
323,555.72

TOTAL INSTRUCTION

$ 3,226,507.22

ACADEMIC RESEARCH Aeronautical Engineering Ceramic Engineering Civil Engineering
Electrical Engineering Engineering Mechanics Industrial Engineering Mechanical Engineering Textile Engineering Chemistry
Industrial Management Mathematics Physics

$

3,336.60

2,679.84

18,328.65

5,441.56

3,749.96

4,837.45

7,021.48

480.00

21,764.40

3,519.96

12,010.29

16,979.72

$ 63,960.39 7,447.39 12,304.65
$ 83,712.43 $
$ $117,700.34 $

$ 19,042.63 22,008.98
251,333.28 173,463.49 181,537.20 281,461.58 42,371.39
10,999.88 61,551.89 189,975.68 35,761.16 67,674.26 $1,, 3 3 7 ,1 8 1 .4 2

$ 23,057.01 22,649.80 45,262.82 6,220.15 4,634.90 4,599.96 3,586.75
204,565.92
$ 314,577.31
$3, 0 5 3 ,2 5 9 .4 4

$

3,336.60

2,679.84

18,328.65

5,441.56

3,749.96

4,837.45

7,021.48

480.00

21,764.40

3,519.96

12,010.29

16,979.72

$

592.98

1,551.57

35,768.00

2,639.60

5,137.16

2,704.43

683.35

1,447.00

7,273.36

15,377.66

2,185.76

1,530.03

$ 76,890.90

$ 2,362.62 1,891.71 1,802.86 1,066.86 448.05
302.58

$ 7,874.68 $ 156,334.36

$

$ 1,292.08
22,221.37 1,567.90 7,527.38 2,437.09 633.21 556.50
21,741.14 1,161.00 906.81
$ 60,044.48

$

52.92

181.13

97.61

2S1.77

480.30

$ 1,103.73 $134,613.76
$

209

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________________________________________________ O bject C la ssificatio n ____________

Salaries

Operating

______ Fund C la s s ifica tio n ______

and

Supplies and

General

Restricted

Wages

Expenses

Equipment

A. EDUCATIONAL AND GENERAL (CONT'D).

ACADEMIC RESEARCH (CONT'D)

Psychology

$

1,158.24 $

$

1,158.24 $

$

Social Science

4,725.36

4,725.36

TOTAL ACADEMIC RESEARCH $ 1 0 6 , 0 3 3 . 5 1 $

$ 106,033.51 $

$

EXTENSION DIVISION

Administrative

$ 29,187.11 $

$ 27,607.12 $

837.52 $ 742.47

Evening School

229,042.19

223,180.09

4,717.43

1,144.67

Short Courses

63,148.56

48,749.38

12,390.91

2,008.27

Industrial Education

1,465.59

45,482.48

36,069.15

10,878.92

Georgia Fire Institute

10,302.72

5,384.96

1,966.11

2,951.65

TOTAL EXTENSION DIVISION $ 3 3 3 , 1 4 6 . 1 7 $ 4 5 , 4 8 2 . 4 8 $ 3 4 0 , 9 9 0 . 7 0 $ 3 0 , 7 9 0 . 8 9 $ 6 , 8 4 7 . 0 6

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 5,624,476.34 $172,469.50 $4,668,810.17 $ 849,798.12 $278,337.55

TRANSFERS

To Restricted Funds

$

8,317.50 $ 2,087.44

Educational and General

4,624.00

National Institute of Health

219.04

Plant Fund

125,516.49

Engineering Experiment Station _____2 3 0 , 3 5 5 . 2 6 ______________ __

TOTAL TRANSFERS

$ 364,189.25 $ 6,930.48

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 5,988,665.59 $179,399.98

B. SOUTHERN TECHNICAL INSTITUTE GENERAL ADMINISTRATION Director's Office Business Office Registrar's Office TOTAL GENERAL ADMINISTRATION

$

15,829.85 $

7,308.91

28,471.76

$

51,610.52 $

$ 15,399.96 $ 7,059.36
22,166.62
$ 44,625.94 $

429.89 $ 249.55 6,287.14
6,966.58 $

18.00 18.00

GENERAL EXPENSE

Placement Office

$

Faculty and Staff Benefits

General Institutional Expense

TOTAL GENERAL EXPENSE

$

4,366.87 $ 10,322.68 20,496.96 35,186.51 $

$ 4,215.96 $

150.91 $

10,322.68

6,990.71

13,506.25

$ 11,206.67 $ 23,979.84 $

210

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la s s ifica tio n

General

Restricted

SOUTHERN TECHNICAL INSTITUTE (CONT'D) STUDENT WELFARE

$

3,524.00 $

PLANT OPERATIONS

$

72,485.82 $

INSTRUCTION

Co-op

$

3,314.96 $

Building Construction

18,743.61

Chemistry and Physics

49,871.73

Civil Department

35,595.57

Drawing Department

17,401.36

E le ctrical, E le ct. & Comm.

61,486.20

English Department

29,075.77

Gas Fuel Technology

7,317.66

Heating and Air Conditioning

12,050.53

Industrial Technology

25,442.95

Mathematics Department

33,667.21

Mechanical Department

30,121.83

Textile Technology Department

7,695.83

Summer School

48,277.50

TOTAL INSTRUCTION

$ 380,062.71 $

TOTAL SOUTHERN TECHNICAL

INSTITUTE EXPENDITURES

$ 542,869.56 $

TRANSFERS Plant Fund

$

9,316.50

TOTAL SOUTHERN TECHNICAL

INSTITUTE DISBURSEMENTS

$ 552,186.06

ENGINEERING EXPERIMENT

STATION

Georgia Tech Research Institute $ ]L , 7 4 8 , 3 4 9 . 0 7 $

Other Sponsored Research

503,828.05

Services to Georgia Tech

10,535.13

Station Supported Research

213,485.30

Term., Cont. & Disallowances

13,625.27

Administrative Expense

83,306.65

Divisional Expense

406,161.84

Service Groups

242,660.92

General and Miscellaneous

186,121.35

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

$ 3,524.00 $

$

$ 40,953.57 $ 31,167.95

364.30

$

3,279.96 $

17,782.46

45,949.19

31,989.65

17,101.80

59,874.72

29,043.84

6,214.32

11,274.96

24,599.64

33,574.76

27,872.28

6,950.00

48,277.50

$ 363,785.08 $

35.00 489.19 1,979.91 1,069.31 153.03 1,549.16
31.93 801.09 592.73 607.51
92.45 2,017.56
468.83

$ 471.96
1,942.63 2,536.61
146.53 62.32
302.25 182.84 235.80
231.99 277.00

9,887.70 $ 6,389.93

$ 464,095.26 $ 72,002.07 $ 6,772.23

$,, 3 5 6 ,1 9 9 .1 8 407,538.05 4,915.62 178,269.97 12,708.38 76,433.64 270,256.39 183,632.52 34,030.91

$ 392,149.89 67,441.20 5,619.51 21,552.93 916.89 4,875.51 59,757.56 43,443.49
134,494.94

$ 28,848.80
13,662.40
1,997.50 76,147.89 15,584.91 17,595.50

211

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

C. ENGINEERING EXPERIMENT STATION (CONT'D) Capital Additions and Improvements Maintenance and Operations (Non-Overhead) Vacation Adjustment
TOTAL ENGINEERING EXPERIMENT STATION
TRANSFERS Plant Fund Academic Research
TOTAL ENGINEERING EXPERIMENT STATION DISBURSEMENTS
D. AUXILIARY ENTERPRISES BOOKSTORE
DORMITORIES Brown Cloudman G irls' Glenn Harris Harrison Howell Smith Technical Institute Techwood Towers TOTAL DORMITORIES
APARTMENTS Burge Callaway Callaway No. 1 Lawson TOTAL APARTMENTS

Fund C la ssific a tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

$

76,949.80 $

124,245.47 (--) 1 1 , 9 1 8 . 5 3

$ 3,597,350.32 $

$

8,754.90

40,000.00

$ 3,646,105.22

$ 734,313.64 $

$

11,465.93 $

12,427.30

3,589.13

42,491.17

17,531.89

17,591.10

19,782.16

40,702.62

60,657.55

40,735.50

33,211.95

$ 300,186.30 $

$ 35,843.17 $ 81,514.67
2,282.77 82,795.41 $ 202,436.02 $

$ 29,071.94 $ 21,154.53 $ 26,723.33

60,966.44 (-) 1 1 ,9 1 8 . 5 3

61,334.54

1,944.49

$2 ,6 0 2 ,1 0 4 .5 1 $ 8 1 2 ,7 4 0 .9 9 $ 1 8 2 ,5 0 4 .8 2

$ 113,947.93 $ 612,189.82 $ 8,175.89

$

6,741.80 $

4,724.13 $

7,502.03

4,925.27

2,633.21

955.92

29,016.18

13,474.99

11,490.40

6,041.49

10,393.36

7,197.74

13,286.43

6,495.73

26,329.33

14,373.29

33,900.23

26,520.47

26,685.36

14,050.14

22,338.89

10,873.06

$ 190,317.22 $ 109,632.23 $

236.85 236.85

$ 16,463.12 $ 19,230.05 $

150.00

41,396.85

40,117.82

536.18

1,746.59

42,366.89

38,623.22

1,805.30

$ 100,763.04 $ 99,717.68 $ 1,955.30

212

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la s s ifica tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

D. AUXILIARY ENTERPRISES (CONT'D)

DINING HALLS

Brittain

$ 386,306.65 $

Technical Institute

129,310.08

Bradley

244,726.30

TOTAL DINING HALLS

$ 760,343.03 $

$ 156,163.95 49,493.48 97,921.78
$ 303,579.21

$ 228,862.40 79,395.60
145,130.36 $ 453,388.36

$ 1,280.30 421.00
1,674.16 $ 3,375.46

RESIDENTIAL PROPERTY Regular

$

3,083.60 $

$

1,649.65 $

1,433.95 $

MILITARY UNIFORMS

$ 109,944.99 $

$ 3,700.06 $ 106,244.93 $

MISCELLANEOUS AND GENERAL

General Expense

$

41,156.93 $

$ 24,399.84 $ 16,757.09 $

PARKING LOTS

$

2,350.20 $

$

1,562.82 $

787.38 $

INFIRMARY

$ 124,120.60 $

$ 90,992.83 $ 29,887.87 $ 3,239.90

ALEXANDER MEMORIAL BUILDING

$

17,097.86 $

$

5,779.80 $ 11,318.06 $

TOTAL AUXILIARY ENTERPRISES $ 2 , 2 9 5 , 0 3 3 . 1 7 $

$ 836,692.40 $1,441,357.37 $ 16,983.40

TRANSFERS

Plant Funds - Authority Rentals $

Bond Sinking Fund

To Agency Fund

Plant Funds

TOTAL TRANSFERS

$

61,426.80 176,740.37
278.21 304,950.25 543,395.63

TOTAL AUXILIARY DISBURSEMENTS

$ 2,838,428.80

E. STUDENT AID Fellowships Scholarships Prizes

$

$ 72,530.47 $ 72,530.47 $

$

280,399.23

280,399.23

230.00

230.00

TOTAL STUDENT AID

$

$353,159.70 $ 353,159.70 $

$

TOTAL CURRENT EXPENDITURES TOTAL TRANSFERS

$12,059,729.39- $525,629.20 $ 965,656.28 $ 6,930.48

$8,,9 2 4 ,8 6 2 .0 4

$3, 1 7 5 ,898.55

$484,598.00

TOTAL CURRENT DISBURSEMENTS $ 1 3 , 0 2 5 , 3 8 5 . 6 7 $ 5 3 2 , 5 5 9 . 6 8

213

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL GIFTS AND GRANTS Acme Steel Company American Chemical Society American Cyanamid Company American Institute of Steel Construction, Inc. Atomic Energy Commission Babcock and W ilcox Company Bivins and Caldwell, Inc. George T. Bostic Buckhead Business Association Burlington Industries Foundation Continental Can Company, Inc. Creole Foundation E. I. DuPont Company Esso Research and Engineering Corporation General Dynamics Corporation General Electric Corporation Georgia Tech Club of New York Georgia Tech Foundation Georgia Tech Research Institute Mrs. Mary Howard Gilbert Erwin M. Gudelsky J . R. Hardee Shrimp Company Hercules Powder Company Kopper's Company, Inc. Morton H. Levy Magnolia Petroleum Company Martin Company Foundation Department of Health, Education and Welfare National Institute of Health National Safety Council National Science Foundation Plantation Pipe Line Foundation Portrait - Photograph Dr. Morris Public Health Service Grant Research Corporation Sears Roebuck Foundation Alfred P. Sloan Foundation, Inc. Socony Mobile Oil Company, Inc. Mr. and Mrs. R. J . Stockham The Texas Company Tile Council of America, Inc. Universal Oil Products Company

Balance July 1, 1959

$

500.00

1,200.00

1,567.04 4,378.05

100.00 125.00 500.00 500.00 1,500.00 2,043.76 2,500.00 1,055.20 266.87 144.50 1,790.81 41,005.57 1,000.00 500.00 1,102.40 1,279.00 250.00 600.00 400.00
17,162.47
62,028.26 839.80

4,777.11 748.48
20,421.35 400.00
1,000.00 100.00 750.00 798.16

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$ 5,890.00 1,000.00 2,760.30 1,600.00 500.00 270.00
500.00 500.00 3,600.00
300.00 1,533.28
100.00 13,695.00 36,820.63
800.00 100,910.00
280.00 6,300.00 1,000.00
400.00 1,000.00
500.00

$
123.94 24.00
2,841.17 1,176.15
270.00
1,148.81 1,738.30
825.00 242.99 252.89
80.07 8,500.85
479.22 621.00
12,997.32 22,528.79
90.85 45,656.48
272.84 11,066.24
4,148.98 1,102.50 7,717.60

$ 500.00 5,890.00 1,076.06 976.00 1,486.17 4,801.90 500.00
100.00 125.00 1,000.00 1,000.00 3,951.19 305.46 2,500.00 230.20 323.88 1,424.89 1,710.74 32,504.72 1,000.00 500.00 623.18 658.00 250.00 600.00 500.00 697.68 31,454.31 709.15 117,281.78 839.80
7.16 (--) 1 1 , 0 6 6 . 2 4
6,928.13 645.98
12,703.75 800.00
2,000.00 100.00 750.00
1,298.16

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

A, EDUCATIONAL AND GENERAL (CONTINUED) GIFTS AND GRANTS (CONTINUED) Westinghouse Educational Fund TOTAL GIFTS AND GRANTS
PUBLIC APPROPRIATIONS
ENDOWMENT FUNDS Lloyd C . Daniels Broadus E, Willingham Textile Fund TOTAL ENDOWMENT FUNDS
B. STUDENT AID FELLOWSHIPS Air Reduction Company, Inc, American V iscose Corporation Automotive Safety Foundation, Inc. Callaway Foundation Fellowship Delta Air Lines Fellowship Dow Chemical Company Ethyl Corporation Goodloe Yancey Fellowship Humble Oil Company The International Niekle Company, Inc, Kaiser Aluminum and Chemical Corporation National Defense Fellowship National Science Foundation Fellowship The Edward Orten, Jr, Ceramic Fellowship Robert and Company Fellowship The Rayonier Fellowship Socony Mobile Oil Company, Inc, Schlumberger Foundation Fellowship Shell Company Foundation, Inc, Shell Oil Company Fellowship Southern Airways Mary White Staten Fellowship T. Earl Stribling Memorial Textile Fund Tennessee Eastman Company Fellowship Texas Company Fellowship United States Rubber Company Foundation United States Steel Foundation Westinghouse Fellowship TOTAL FELLOWSHIPS

Balance Tulv 1. 1959

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$ 5,426.02 $178,759.85
$

$ $180,259.21
$ 45,482,48

$ 3,081.03 $126,987.02
$ 45,482,48

$ 2,344.99 $232,032,04
$

$

$ 139.98 $

187,50

22,50

$

187.50

$

162.48

$

$ 139.98 210,00
$ 349.98

$ 2,200.00 6.00
373,28
2,300.00 2,755.70
711,56 100,00 1,106,11 4,254.88 750,00
7,641,30
321,72 900,64 2,267.72 735,08 1,880,26 3,695,64 500,04 11,924,15 4,871.00 3,400,11 1,133,33 3,240,07 2,000,00 $ 67,068.59

$ 4,600.00
2,000,00 3,600,00
2,500.00 2,637,00
2,800,00 8,400.00 4,974,00 3,805.00 19,389,50 3,200,00 2,400,00 2,500,00
3,600.00 2,821.00 2,437,00
2,250,00 5,675.86 2,000,00 3,000,00
950,00
2,000,00 $ 87,539.36

$ 2,400,00
1,944,64 3,600.00 1,050.00 2,421,00 1,887,00
100,00 2,329.00 6,360,34 2,121,00 3,180.00 15,559.78 2,555,75 2,400.00 1,515.26
2,539.37 2,879.81 2,037.00 1,200.00 2,749,98 2,147,32 3,064,61 1,914,00
133,33 1,641,28 2,000,00 $ 72,530.47

$ 4,400,00 6.00
428,64
1,250,00 2,834.70 1,461,56
1,577.11 6,294,54 3,603.00
625.00 11,471.02
644.25
1,306.46 9Q0.64
3,328.35 676.27
2,280,26 2,495,64
.06 23,452.69
3,806,39 4,486,11 1,150,00 1,598,79 2,000,00 $ 82,077.48

215

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Tuly 1, 1959

STUDENT AID (CONTINUED) PRIZES
Architects Alumni Prize The Borden Freshman Prize Silent Hoist and Crane Company Prize
TOTAL PRIZES

$ 245.69 1,100.00 600.00
$ 1,945.69

SCHOLARSHIPS

Adams Memorial High School - Lorenz

$

Air Force Aid Society - Adams

Air Force Aid Society - S. T. I. - White

The Alcoa Foundation Scholarship

3,791.65

Alexander Tharpe Scholarship Fund Aluminum Company of America

166.67

American Brake Shoe Company

133.34

American Enka Corporation - Larrowe American Institute of Steel Construction

8.20

American Mutual Liability Insurance

American V iscose Corporation

Anonymous Scholarship

1,054.80

Armco Foundation Scholarship

100.00

Armstrong Cork Company Scholarship

Arts F estiv al of Atlanta, Inc. .

Association of Scrap Metal and W aste Material

200.00

Atlanta Federal Savings and Loan Association

500.00

Atlanta Federal Savings and Loan Association

500.00

Atlanta Gas Light Company Scholarship - S. T. I. 1 , 3 5 4 . 5 0

Atlanta Textile Club Scholarship

(--) 9 5 .0 0

Atlanta Women's Chamber of Commerce

Augusta Quarterback Club Scholarship

Augusta Tech Club Scholarship

350.01

E. T. Barwick Foundation, Inc. - S. T. I.

E. T. Barwick Foundation, Inc. - Sloan

E. T. Barwick Foundation, Inc. - Lowery

Batson Scholarship Fund

696.55

Ben Hill Chapter 1137 U. D. C.

Bendix Aviation Corporation Scholarship

621.00

Berrien High School Scholarship Bibb Manufacturing Company Scholarship - S. T. I. Birmingham Georgia Tech Alumni Club

20.00 500.00

Bowaters Paper Corporation Scholarship

(Unrestricted)

Broadway Methodist Church - Dido

Burlington Industries Foundation Scholarship

985.00

Callaway Educational Association

Fuller E. Callaway Foundation

Carrier Corporation

Receipts For Year

Disbursements

Balance

For Year

Tune 30, 1960

$

13.80 $

30.00

$

229.49

200.00

900.00

150.00

750.00

$

163.80

$

230.00

$ 1,879.49

$ 200.00 384.00 360.00
3,125.00 110,524.87
600.00 250.00 100.00 500.00 529.00 1,500.00 721.00 200.00
500.00 500.00
399.00 300.00 125.00
1,314.00 500.00 500.00 9.35 300.00 621.00 166.00
1,840.00
300.00 621.00 2,000.00 9,750.00 675.00 750.00

$ 200.00 384.00 360.00
3,166.66 110,524.87
600.00 258.20
500.00 66.66
1,400.00 721.00 200.00 200.00 500.00 500.00 630.00 304.00 300.00 125.00 350.01
1,313.98 500.00 166.67 500.00 300.00 621.00 250.00
1,840.00 500.00
621.00 1,490.01 9,750.00
675.00 750.00

$
3,749.99 166.67 133.34
100.00 1,517.14
200.00
500.00 500.00 724.50
.02 333.33 205.90 621.00 (-)84.00
20.00
300.00 1,494.99

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance July 1, 1959

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) W. C. Caye Celanese Corporation of America Central High School, Charlotte, N. C. Chattanooga Georgia Tech Club Chemstrand Corporation Scholarship The Chi Psi Educational Trust The Cincinnati Milling Machine Company Clark Brothers Company Scholarship Coats and Clark, Inc. Scholarship Ty Cobb Educational Fund Callaway Mills Co-operative Scholarship Combustion Engineering, Inc. Scholarship Community Enterprises, Inc. William F. Cooper Scholarship H. Dale Critz Foundation, Inc. Croatian Fraternal Union of America Damar, Inc. Scholarship Decatur Rotary Club Scholarship Douglas Aircraft Company, Inc. E. I. DuPont de Nemours and Company Eastern Air Lines, Inc. Eastern Air Lines Management Council Elberton Granite Association, Inc. Esso Research Engineering Company Scholarship Firestone Tire and Rubber Company Florida School for Deaf and Blind - S. T. I. Florida W est Coast Georgia Tech Alumni John and Mary Franklin Scholarship Fort Lauderdale News Scholarship Frank Gannett Newspaperboy Scholarship Garfield High School P. T. A. The Gaylord Foundation General Electric Educ. and Charitable Foundation Geigy Chemical Corporation Scholarship General Motors Scholarship Georgia High School Assoc. Soil Conservation Gilman Foundation Scholarship The C . M. Gooch Foundation Goodyear Foundation Greater Atlanta Georgia Tech Club Greater Atlanta Georgia Tech Club Sch. - Band The George Griffin Scholarship Grumman Aircraft Engineering Corporation Byron P. Harris Scholarship Fund

1,025.00 1.54
200.00 166.66 1,666.66 (-) 33
160.00 2,166.67
541.34 750.00
85.18
( - ) 5 6 . 85
3,633.64 250.00 250.00 667.00 350.00 250.00
1,283.33
. 450.00 1,338.32
793.00 100.00

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$ 500.00 2,000.00
400.00 1,000.00 1,200.00
1,000.00 3,170.00
400.00 500.00 900.00 1,000.00 450.00 1,600.00 250.00 300.00 425.00 750.00
500.00 500.00
50.00 56.85 4,027.17 62.50 560.00 3,000.00
750.00 200.00 1,000.00
250.00 8,300.00
110.00 3,000.00
600.00 1,375.00 3,402.00
500.00 1,000.00

$ 334.00 1,344.81 200.00 200.00 666.66 1,200.00 333.33 1,000.00 2,836.33 400.00 500.00 740.00 834.34 450.00 1,600.00 250.00 100.00 695.67 750.00 85.18 500.00 500.00
4,027.17 62.50
2,984.98 250.00 500.00 200.00
1,000.00
166.66 8,050.00
110.00 3,000.00
600.00 1,375.00 3,802.00
500.00 1,433.32
6 6 .6 6

$ 1,191.00 656.73 200.00 500.00
1,333.33 333.34
320.00 2,332.33
200.00 270.67 750.00
50.00
560.00 3,648.66
500.00 667.00 350.00 333.34 1,533.33
50.00 905.00 793.00
33.34

217

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance July 1, 1959

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) Hercules Powder Company, M. E. Fannie and John Hertz Eng. Sch. Foundation John P. Holmes Sch. Honoring Ben Z. and
Sallie P. Holmes Industrial Arts College Scholarship International Tel. and Tel. Corporation Italian Civic A ssoc. Sch. Fund Morton Johnson Scholarship Fund J e s s e H. Jones Sch. Honoring General Clay Kappa Alpha Fraternity Scholarship Kappa Sigma Fraternity The Keever Starch Company Scholarship Gertrude S. Kelly Trust Ketterlinus High School P. T. A. Award John P. King Manufacturing Company, S. T. I. Kiwanis Club of Hamilton Township Koppers Company, Inc. Lockheed Engineering Scholarship Lockheed Leadership Fund Charles Loridans Foundation, Inc. Leon Lowenstein Foundation, Inc. Litchfield County Univ. Club Lowery Fund Scholarship Francis K. McCune Scholarship Martin Company Freshman Tuition The Martin Company Foundation The Glenn L. Martin Company M asonic Home of Georgia Scholarship
Masonite Corporation J. E. Massey Scholarship O scar Mayer Foundation Fund The Mead Company Scholarship M ississipp i Valley Structural Steel Foundation Monsanto Chemical Company Scholarship McLendon Scholarship National Merit Scholarship Corporation Northwest Atlanta Civitan Club Owens Illinois Scholarship Pan American Union Patterson and DeWar Scholarship Starke Patterson Scholarship Pennsylvania G lass Sand Corporation Phillips Petroleum Company Scholarship Jack Phinizy Scholarship

2,572.32
225.00
666.66
800.00
179.00 3,176.67 2,066.66
63.00 400.00 15,421.13 2,862.84 133.00
400.00 83.33
933.34 700.00 2,060.00 1,644.00 100.00 3,501.71 4,102.58

Receipts For Year

Disbursements

Balance

For Year

Tune 30, 1960

$ 1,025.00
225.00 500.00 3,000.00 250.00 900.00
1,000.00 150.00 400.00 397.00 300.00 640.00 150.00
5,716.00
1,200.00 200.00
15,449.03 500.00 996.14 160.50
648.00 750.00 447.00 100.00 500.00
500.00 500.00 2,180.00 300.00 4,914.00 1,135.00 400.00 1,297.50 621.00
400.00

$ 1,025.00
225.00 500.00 3,000.00 250.00 1,250.00
66.66 1,000.00
150.00 150.00 397.00 300.00 640.00 150.00
3,307.67 66.66
1,600.00 200.00
14,110.61
481.00 160.50
648.00 750.00 447.00
266.67
666.66 500.00 1,968.00 300.00 3,901.00 1,135.00 100.00 1,066.66 621.00 2,425.69

$ 2,572.32
225.00
(-)350.00 600.00
1,050.00
179.00 5,585.00 2,000.00
63.00
16,759.55 500.00
3,377.98 133.00
100.00 633.33
83.33 766.68 700.00 2,272.00 2,657.00 400.00 3,732.55 1,676.89 400.00

218

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED)
Pompano Beach Senior High Activities Procon Incorporated Scholarship Rayonier, Inc. Rhodes Scholarship Robert and Company Associates Robertson County Scholarship Fund Rossville Memorial Center Scholarship Rotary Club of Bainbridge Scholarship Rotary Club of Calhoun Roosevelt High P. T. A. Rotary Club of Buckhead Schenley Wholesalers Foundation Schlumberger Foundation Scholarship Scott Paper Company Scholarship Sears, Roebuck and Company Sears-Roebuck Foundation Shaheen Foundation, Inc. Sam Silver Scholarship Alfred P. Sloan Foundation Scholarship Southwest Georgia Georgia Tech Club Spann Scholarship Southern Structural Steel Board of Trade Grant Spartanburg Civitan Club Spartanburg County Foundation Sperry Gyroscope Company Sperry Microwave Electronics Company Square "D" Company Scholarship R. L. Stephens Scholarship Stranahan High School, S. T. I. Student Publication Scholarship Stuttgart American Women's Club Tellepsen Foundation Scholarship Tennessee State Planning Commission The Trane Company Texas Company Scholarship Textile Education Foundation Union Bag-Camp Paper Corporation Union Carbide Education Foundation Union Carbide and Carbon Corporation Union Carbide Chemicals Corp. Sch. Union Carbide Nuclear Corp. Sch. United Fuel Gas Company, S. T. I. United States Steel Foundation

Balance Tuly 1, 1959
$ 333.34
1,790.00
250.00 500.00
416.66
496.97 4,166.66
795.00 20.90
1,250.00 1,200.00
115.00 233.34 500.00 *.200.00 (-)!, 600.00
400.00 1,081.76
4,272.00

Receipts For Year

Disbursements

Balance

For Year

Tune 30, 1960

$ 400.00 1,000.00 1,000.00
2,400.00 150.00
50.00 200.00 594.00 500.00 2,000.00 100.00 400.00 3,200.00 184.00 375.00 5,200.00 255.00 510.77
500.00 700.00 (-) 1 ,2 5 0 .0 0 1,250.00 1,200.00 500.00 375.00
160.00
333.33 500.00 1,800.00 8,600.00 3,967.00 600.00
1,879.00 1,879.00'
475.00

$ 833.34
1,000.00 1,230.00
500.00 50.00
200.00 297.00 500.00 2,041.66 100.00 399.99 3,200.00
375.00 3,633.33
600.00 510.77
20.05 500.00 700.00
1,250.00 1,400.00
500.00 250.00
160.00 233.33 333.33 500.00 1,374.99 8,600.00 3,967.00
1,845.67 1,879.00
475.00 2,721.00

$ 400.00 166.66 333.34 560.00
2,400.00 150.00 250.00
297.00
375.00
.01
680.97
5,733.33 450.00
.85
1,000.00 125.00 115.00
.01
500.00 625.01 H i , 600.00 600.00 400.00 1,115.09
1,551.00

219

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance July 1, 1959

B. STUDENT AID (CONTINUED) SCHOLARSHIPS (CONTINUED) Universal Oil Products Company Veterans of Foreign Wars Scholarship Vicenza American High School Maud E. Warwick Fund for War Orphans Washington County Jaycees Western Electric Company Scholarship Westinghouse Air Arm Scholarship Whitehead Foundation, Inc. Wilcox-Connally Scholarship G. Mote Williams Memorial Foundation Winn-Dixie Stores Foundation Winter Park Telephone Company, S. T. I. Women's Aero Club of Atlanta Scholarship Seydel Woolley Foundation Scholarship TOTAL SCHOLARSHIPS

$

927.09

492.67 166.66

250.00 420.00 $ 87,727.17

C. TRANSFERS

GENERAL FUNDS

Armco Drainage and Metal Products, Inc.

$

Dean of Faculties - Overhead Carlyle Fraser

Will of Mrs. Mary H. Gilbert

Gulf Oil Corporation

Esso Research and Engineering Corporation

Hercules Powder Company

Department of Health, Education and Welfare

National Institute of Health

National Science Foundation

Matching Funds for Public Health Service Grant

TOTAL GENERAL FUNDS

$

250.00 1,000.00
1,250.00

TO NATIONAL INSTITUTE OF HEALTH

$

RESTRICTED FUNDS Dean of Faculties National Science Foundation Magnolia Petroleum Company National Institute of Health TOTAL RESTRICTED FUNDS

$ 400.00
$ 400.00

TOTAL TRANSFERS

$ 1,650.00

TOTAL RESTRICTED FUNDS

$337,338.80

Receipts For Year
$ 1,000.00 300.00 610.00 100.00 100.00
2,175.00 1,500.00
250.00 250.00 3,000.00 500.00 370.00 450.00
$285,696.01
$
1,332.50 1,000.00
5,985.00 $ 8,317.50
$
$ 727.76
400.00 959.68 $ 2,087.44
$ 10,404.94
$609,708.28

Disbursements

Balance

For Year

June 30, 1960

$ 1,000.00 300.00 610.00 100.00 100.00
2,163.00 1,500.00
250.00 250.00 3,000.00 166.66 370.00 366.66
$280,399.23

$ 927.09
504.67 166.66
333.34 333.34 420.00 $ 93,023.95

$ 250.00 1,000.00

5.10 5.78 182.80 1,805.25 1,375.07

$ 4,624.00

$

219.04

$
1,332.50 1,000.00
(-)5.10 (-) 5 .7 8 ( - ) 1 8 2 . 80 (-)l, 805.25 (-) 1 ,3 75 .0 7 5,985.00 $ 4,943.50
$ (--) 2 1 9 .0 4

$ 727.76 400.00 959.68
$ 2,087.44
$ 6,930.48
$532,559.68

$ 727.76 (-) 727.76 400.00
$ 400.00
$ 5,124.46
$414,487.40

220

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960

BALANCE OF PRINCIPAL, BEGINNING OF YEAR
ADDITIONS Gifts and Grants Income on Investments Income on Student Loans Sale of Oil and Lease of Oil Land Farm Income - Texas Property Net Income 5 8 -5 9 from University of Georgia (Mitchell Fund) Transferred from Loan Funds Transferred from Endowment Funds TOTAL ADDITIONS
DEDUCTIONS Commission and Expense - Purchase Stock Property Written Off - Lots, Atlanta Notes Written Off - Uncollectible Loss on Sale of Bonds and Stocks Transferred to Endowment Funds Transferred to Loan Funds Transferred to Experiment Station Transferred to Plant Funds Transferred to General Funds Transferred to Restricted Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR

Endowment Funds

Loan Funds

Total Funds

$1,494,487,53 $181,518,42 $1,676,005,95

$ 38,438,29 $ 31,376.89 $ 69,815.18

59,112,62

1,702.11

60,814.73

1,790.24

1,790.24

1,176.06

1,176.06

4,621,39

4,621.39

1,388.86

1,388.86

1,172.11

1,172,11

2,566.55

2,566.55

$ 104,520.47 $ 38,824.65 $ 143,345.12

$

13,70 $

$

13.70

2,230,31

2,230,31

1,211.15

4,759.77

5,970.92

3,236,92

3,236.92

9,486.12

1,172.11

10,658.23

2,566.55

2,626,56

5,193.11

6,070.27

6,070.27

251,342.12

251,342.12

13,410.68

13,410.68

23,970.02

23,970.02

$ 313,537.84 $ 8,558.44 $ 322,096.28

$1,285,470.16 $211,784.63 $1,497,254.79

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1960

ENDOWMENT FUNDS The Architect Alumni As s o . Prize Fund The Eugene O, Batson, Jr. Memorial Fund Julius L. Brown Professorship Mrs. Josephine L. Cloudman Endowment Fund Mrs, Alice Spencer Coon Endowment Fund

Fund Balance July 1, 1959

Additions

Fund Balance Deductions Tune30 , 1 9 6 0

$

300.00 $

13.80 $

13.80 $

300.00

11,034.10

211.10

211.10

11,034,10

202,446.82

10,199.49

11,253.74

201,392,57

78,339.65

4,836.27

4,836.27

78,339.65

4,350.00

109.13

109.13

4,350.00

221

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

Fund Balance July 1, 1959

Additions

Fund Balance Deductions June 30, 1960

ENDOWMENT FUNDS (CONTINUED)

Dr. Lloyd C. Daniels Fund

$ 4,914.98

Lettie Pate Evans Estate for the Joseph Brown

Whitehead Hospital

219,948.14

Forrester-McRae-Rankin, Etc. Endowment Fund

1,910.03

Daniel Guggenheim School of Aeronautics End. Fund

168,111.95

M iss Jennie L, Hamilton Endowment Fund

5,000.00

John P. Holmes Scholarships Honoring Ben Z. and

Sallie P. Holmes

6,262.50

B. Mifflin Hood Chair of Ceramics

127,698.68

The Clyde L. King, Jr. and John King Memorial

Endowment Fund

12,500.00

The Philip R. Lamar Research in Cotton Seed Products

32,000.00

C. D. LeBey Memorial Scholarship Fund

Lowry Memorial Scholarship Fund

504,893.21

Edmund Magers General Endowment Fund

92.51

The Martin Aircraft Scholarship Fund

17,301.00

Thomas E, M itchell Education Fund

of the University of Georgia

60,370.79

Starke Patteson Memorial Scholarship Endowment Fund

9,896.10

Paul M. Platzman Scholarship Fund

Reeves Soundcraft Corporation Library Fund

7,625.00

M. Rich Endowment Fund

50.00

The Shaheen Foundation, Inc. Scholarship

4,000.00

Silent Hoist and Crane Company Materials Handling

Prize Award

5,000,00

T. Earl Stribling Memorial Textile Fund

Joseph M. Terrell Endowment Fund

4,526.49

Louis Wellhouse Memorial Fund

W . G . S . T. Broadcasting Station Endowment Fund

4,915.58

Broadus E. Willingham Textile Fund

1,000.00

TOTAL ENDOWMENT FUNDS

$1,494,487.53

$ 225.00
31,393.98 36.65
6,189.09 112.50
225.00 12,973.87
428.75 1,277.88 6,111.81 15,418.37
1,004.04
3,362.28 1,297.50 2,375.00
684.00
150.00 5,675.86
110.00 76.60
22.50 $104,520.47

$ 139.98
251,342.12 121.05
6,189.09 112.50
225.00 9,767.32
428.75 1,277.88
164.12 16,629.52
1,004.04
2,190.17 1,297.50
5.80
184.00
150.00 5,675.86
110.00 76.60
22.50 $313,537.84

$ 5,000.00
1,825.63 168,111.95
5,000.00
6,262.50 130,905.23
12,500.00 32,000.00
5,947.69 503,682.06
92.51 17,301.00
61,542.90 9,896.10 2,369.20 7,625.00 50.00 4,500.00
5,000.00
4,526.49
4,915.58 1,000.00 $1,285,470.16

STUDENT LOAN FUNDS

George W . Adair

$

507,21 $

14.75 $

$

521.96

William Ott Alston, Jr. Memorial

606.78

17.23

624.01

American Institute of Architects, Georgia Chapter

238.29

3.83

242.12

American Society of Mechanical Engineers - Roger

Martin Memorial

596.39

38.64

635.03

J, Baldwin

56.20

1.18

57.38

M, R. Berry

3,549.55

137.23

3,686.78

James G. Boswell Foundation

4,037.11

12.98

3,550.75

499.34

S, F. Boykin

109.20

4,04

113.24

T, P. Branch Memorial

161.83

2.42

164.25

Brittain-Busbin-Jarrell Emergency

923.58

38.68

962.26

J. B. Campbell

683.59

23.50

707.09

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

Fund Balance July l t 1959

Additions

Fund Balance Deductions June 30, 1960

STUDENT LOAN FUNDS (CONTINUED) Dewitt F. Capehart Class of 1919 Class of 1934 Josiah Dana Cloudman Holland Coleman, Jr. Arch. Memorial Scholarship William B. Coleman Post #51 of the American Legion Mrs. Alice Spencer Coon A. C . Dobbs Arthur J. Dyer Student Loan A. French Georgia Federation of Labor Mary Brotherton Griffin Mary D. Gude Lyman Hall J. M. High Memorial Loan Scholarship Dr. and Mrs. Thomas P. Hinman' Irving Subway Grating Company, Inc. Louis Gholstin Johnson Kappa Alpha Educational Foundation, Inc. Clyde L. King, Jr. and John King Memorial John King Memorial Roy Stevenson King Last Sub C la ss Loan Fund 1914 Malta Lodge # 641, F. & A. M. Lona Mansfield Mrs. T. O. Marshall E. P. McBurney J. A. McFarland Thomas E. M itchell Education Fund of the University of Georgia Joseph N. Moody Gayle Nimmocks Memorial Scholarship Quartermaster L. W . (Chip) Robert, Jr. Scottish Rite Second Baptist Church, Bible C la ss #1 Sam W. Small T. W . Smith Smyrna Lions Club Stacey-Roberts J. P. Stevens Lynn Strickland Memorial Joseph M. Terrell Thomaston Mills Clark Thornton Memorial

2 0 3 .8 8 (>

4.39 $

24.20

200.75

13,897.86

453.33

1,293.47

42.64

534.57

12.66

1,835.11

169.35

92.69

1.93

1,033.28

36.47

2,169.31

52.94

1,049.51

49.02

189.00

1.98

244.64

2.46

5,988.67

677.64

2,629.33

72.42

247.26

7.04

426.93

8.82

531.13

9.68

91.51

1.60

4,291.20

542.86

12,683.91

1,449.38

2,512.24

144.50

1,436.81

46.75

1,021.65

22.17

3,640.95

255.32

12,123.35

287.23

129.57

3.34

$
.24 123.67

208.27 24.20
200.75 14,351.19
1,336.11 547.23
2,004.46 94.62
1,069.75 2,222.25 1,098.53
190.98 246.86 6,666.31 2,701.75 254.30 435.75 540.81
93.11 4,710.39 14,133.29 2,512.24
144.50 1,483.56 1,043.82 3,896.27 12,410.58
132.91

2,070.42 2,535.47
175.09 43,909.44
116.40 1,363.37
679.80 119.99 336.33
100.00 6,184.23 1,017.64 1,887.60 1,545.08
461.37

3,327.86 82.77 3.50
1,214.82 2.25
33.67 15.81
1.75 7.97 78.50
.86 160.66
5.92
157.16 30.97 9.96

1,251.11 3,632.67

4,147.17 2,618.24
178.59 41,491.59
118.65 1,397.04
695.61 121.74 344.30
78.50 100.86 6,344.89 1,023.56 2,044.76 1,576.05 471.33

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

STUDENT LOAN FUNDS (CONTINUED) E. A. Turner U. S. Government Arthur Williams Estate Emergency Trust Mrs. Fannie B. Wright TOTAL STUDENT LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance July 1, 1959

Additions

Fund Balance Deductions June 30, 1960

$

55.56 $

1.50 $

37,804.78 26,265.56

711.15

10.51

1,189.38

25.06

$ 181,518.42 $ 38,824.65 $

$

57.06

64,070.34

721.66

1,214.44

$ 211,784.63

$1,676,005.95 $143,345.12 $322,096.28 $1,497,254.79

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS For Year Ended June 30, 1960

COMMON STOCK American Tel. and Tel. Company Ser. No. AB44521 - 285 shares Ser. No. N533181 - 9 shares Ser. No. N720634 - 9 shares Ser. No. 5-055669 - 5 shares

Bethlehem Steel Corporation

Cert. No. 311810

- 1 0 0 shares)

Cert. No. P 8560-1-2 - 300 shares)

Narda Ultrasonics Corporation Ser. No. N 9859 - 500 shares

Reeves Soundcraft Corporation Ser. No. NO 42728 - 500 shares Ser. No. NO 42729 - 500 shares

Standard Oil Company of New Jersey Ser. No. 0658094 - 50 shares Ser. No. H786327 - 100 shares

W est Point Manufacturing Company Ser. No. 7 1 0 2 -3 - 4 -5 -6 - 1,000 shares) Ser. No. 2 5 9 7 0 -1 -2 -3 -4 - 1,000 shares) TOTAL COMMON STOCK

Rate of Date of Interest Maturity

Book Value

Market Value

$ 15,793.75 $ 25,436.25

537.75

803.25

528.75

803.25

423.13

446.25

5,137.50

18,100.00

2,375.00
3.812.50 3.812.50
1.575.00 3.150.00

3,250.00
4.250.00 4.250.00
2.025.00 4.050.00

5,000.00

36,250.00

_________________________________

$ 42,145.88 $ 99,664.00

224

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

PREFERRED STOCK Celanese Corporation Ser. No. NY/PO 9382 Cum. - 35 shares Ser. No. NY/PO 14913 Cum. - 15 shares
Georgia Power Company Ser. No. E02966 - 3 shares Ser. No. EO 17277 - 25 shares) Ser. No. EO 17278 - 15 shares) TOTAL PREFERRED STOCK
OFF CAMPUS REAL ESTATE Texas Property
W. G . S. T. BROADCASTING STATION
GOVERNMENTAL BONDS Series G No. C5289782 Series G No. C5289783 Series G No. C5289784 Series G No. C5289785 Series G No. M6901634 Series G No. M6953159 TOTAL GOVERNMENTAL BONDS
GEORGIA TECH BONDS Georgia Tech Bonds # 1234-1238 Georgia Tech Bonds #1387-1390 Georgia Tech Bonds # 1426-1435 Georgia Tech Bonds # 1436-1445 Georgia Tech Bonds # 1471-1485 Georgia Tech Bonds #1547-1556 Georgia Tech Bonds #1557-1561 Georgia Tech Bonds #1641-1650 Georgia Tech Bonds #1746-1755 Georgia Tech Bonds # 1908-1917 Georgia Tech Bonds #1928-1933 Georgia Tech Bonds #2036-2040 Georgia Tech Bonds #2071-2090 Georgia Tech Bonds # 2137-2146 TOTAL GEORGIA TECH BONDS
UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Univ. S y s . Bldg. Auth. # 8 5 1 -8 6 4 Univ. S y s . Bldg. Auth. # 8 6 5 -89 8

Rate of Date of Interest Maturity

Book Value

Market Value

4 1/2 4 1/2

$

5,133.75 $

2,642.50

1,128.75

1,132.50

4.6

285.00

271.50

4.6

3,943.75

3,620.00

4.6

$ 10,491.25 $ 7,666.50

$ 74,015.78 $ 74,015.78 $ 4,915.58 $ 4,915.58

2 1/2 2 1/2 2 1/2 2 1/2 2 1/2 2 1/2

3-1-61 $ 3-1-61 3-1-61 3-1-61 3-1-61 3-1-61
$

100.00 $ 100.00 100.00 100.00 1,000.00 1,000.00 2,400.00 $

98.60 98.60 98.60 98.60 986.00 986.00 2,366.40

2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4 2 1/4

5-1-61 5-1-62 5-1-62 5-1-63 5-1-63 5-1-63 5-1-63 5-1-64 5-1-65 5-1-66 5-1-66 5-1-67 5-1-68 5-1-68

$

5,000.00 $

4,950.00

4,000.00

3,920.00

10,000.00

9,800.00

10,000.00

9,650.00

15,000.00

14,475.00

10,000.00

9,650.00

5,000.00

4,825.00

10,000,00

9,500.00

10,000.00

9,325.00

10,000.00

9,200.00

6,000.00

5,520.00

5,000.00

4,500.00

20,000.00

17,600.00

10,000.00

8,800.00

$ 130,000.00 $ 121,715.00

3

12-1-77 $ 14,000.00 $ 11,900.00

3

12-1-78

34,000.00

28,645.00

225

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

Rate of Date of Interest Maturity

Book Value

Market Value

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS (CONTINUED)

Univ. S y s. Bldg. Auth. # 8 9 9 -9 3 2

3

Univ. S y s. Bldg. Auth. # 9 3 8 -9 5 5

3

Univ. S y s. Bldg. Auth. # 9 9 1 -1 0 0 0

3

Univ. S y s. Bldg. Auth. # 2 7 0 4 -2 7 15

3 1/4

Univ. S y s. Bldg. Auth. # 3 2 9 1 -3 3 15

3

Univ. S y s . Bldg. Auth. # 3 4 7 6 -3 5 0 0

4 1/2

Univ. S y s. Bldg. Auth. # 3 6 01 -3 63 0

3

Univ. S y s. Bldg. Auth. # 3 6 8 3 -3 7 82

4 1/2

Univ. S y s. Bldg. Auth. # 3 7 0 1 -3 7 1 8

3

Univ. S ys. Bldg. Auth. # 3 8 51-3950

4 1/2

Univ. S y s. Bldg. Auth. # 4 0 8 1 -4 0 8 5

3

Univ. S y s. Bldg. Auth. # 4 0 9 6 -4 1 45

4 1/2

Univ. S y s. Bldg. Auth. # 4 1 7 1 -4 1 80

3

Univ. S y s . Bldg. Auth. # 4 6 5 1 -4 7 00

3

Univ. S y s. Bldg. Auth. # 4 8 2 1 -4 8 4 5

3

Univ. S y s . Bldg. Auth. # 4 95 1 -50 0 0

3

Univ. Sys. Bldg. Auth. # 5 0 5 1 -5 1 50

3

Univ. S y s. Bldg. Auth. # 5 2 0 1 -5 3 00

3

Univ. S y s. Bldg. Auth. # 5 4 0 1 -5 4 8 5

3

Univ. S y s . Bldg. Auth. # 6 0 4 1 -6 0 4 5

3 1/2

Univ. S y s. Bldg. Auth. # 6 2 8 6 -6 2 9 5

3 1/2

Univ. S y s. Bldg. Auth. # 6 5 0 1 -6 5 0 5

3 1/2

Univ. S y s. Bldg. Auth. # 6 5 8 1 -6 5 9 7

3 1/2

Univ. S y s. Bldg. Auth. # 6 7 7 9 -6 7 8 7

3 1/2

Univ. Sys. Bldg. Auth. # 6 8 9 1 -6 8 95

3 1/2

Univ. S y s. Bldg. Auth. # 6 9 6 1 -6 9 65

3 1/2

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

12-1-79 12-1-80 12-1-81
5-1-64 10-1-67 11-1-73
6-1-70 11-1-74
6-1-70 11-1-75
6-1-72 11-1-76
6-1-72 10-1-74
6-1-76 10-1-75 10-1-76 10-1-77 10-1-78
5-1-78 5-1-79 5-1-80 5-1-80 5-1-81 5-1-81 5-1-81

$ 34,000.00 $ 28,475.00

18,000.00

14,940.00

10,000.00

8,225.00

12,000.00

11,880.00

25,000.00

23,562.50

25,000.00

25,750.00

30,000.00

27,300.00

100,000.00

103,000.00

18,000.00

16,380.00

100,000.00

103,000.00

5,000.00

4,450.00

50,000.00

51,500.00

10,000.00

8,900.00

50,000.00

43,500.00

25,000.00

21,500.00

50,000.00

43,125.00

100,000.00

85,500.00

100,000.00

85,000.00

85,000.00

71,612.50

5,000.00

4,612.50

10,000.00

9,150.00

5,000.00

4,550.00

17,000.00

15,470.00

9,000.00

8,145.00

5,000.00

4,525.00

5,000.00

4,525.00

$ 951,000.00 $ 869,122.50

TOTAL ENDOWMENT FUNDS - INVESTMENTS

$ l t, 2 1 4 , 9 6 8 . 4 9 $1,, 1 7 9 , 4 6 5 . 7 6

DETAIL OF LOAN FUNDS - INVESTMENTS For Year Ended June 30, 1960

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Univ. S y s . Bldg. Auth. # 3 5 52 -3 56 1 Univ. S y s . Bldg. Auth. # 4 0 7 6 -4 0 8 0 Univ. S y s . Bldg. Auth. # 5 7 6 1 -5 7 7 0

Rate of Date of Interest Maturity

Book Value

Market Value

3 1/2 3 3 1/2

5-

1 -6$8 1 0 , 0 0 0 . 0 0

6-

1-72 5,000.00

5-1-77

10,000.00

$ 9,750.00 4.450.00 9.275.00

226

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF LOAN FUNDS - INVESTMENTS (CONTINUED)

Rate of Date of Interest Maturity

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS (CONTINUED)

Univ. S y s . Bldg. Auth. # 678 8 -67 9 0

3 1/2

Univ. S y s. Bldg. Auth. # 695 1 -69 6 0

3 1/2

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

5-1-81 5-1-81

NOTES RECEIVABLE Student Notes

TOTAL LOAN FUNDS - INVESTMENTS

Book Value
$ 3,000.00 10,000.00
$ 38,000.00
$ 82,818.18 $120,818.18

Market Value
$ 2,715.00 9,050.00
$ 35,240.00
$ 82,818.18 $118,058.18

CURRENT FUNDS General Southern Technical Institute Experiment Station Auxiliary Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Funds Loan Funds TOTAL TRUST FUNDS
PLANT FUNDS
TOTALS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 433,738.04 72,053.95
( - ) 1 3 ,928.81 322,509.63 337,338.80
$1,151,711.61

$ 6,249,763.34 559,682.64
3,667,182.79 2,885,110.12
609,708.28 $13,971,447.17

$ 5,988,665.59 $ 694,835.79

552,186.06

79,550.53

3,646,105.22

7,148.76

2,838,428.80

369,190.95

532,559.68 414,487.40

$13,557,945.35 $1,565,213.43

$ 834,487.86 $ 2,697,173.19 $ 2,805,439.63 $ 726,221.42

$ 137,744.58$ 78,674.11
$ 216,418.69 $

335,378.09 $ 191,275.14
526,653.23 $

402,621.00 $ 178,982.80 581,603.80 $

70,501.67 90,966.45 161,468.12

$ 6 ,7 2 6 ,1 7 2 .1 7 $ 1 ,4 2 8 ,1 6 4 .7 4 $ 1 ,4 0 6 ,4 2 1 .1 1 $6,,7 4 7 ,9 1 5 .8 0

$8f 928f 790.33 $ 1 8 ,6 2 3 ,4 3 8 .3 3 $ 1 8 ,3 5 1 ,4 0 9 .8 9 $9,,2 0 0 ,8 1 8 .7 7

227

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

AGENCY FUNDS

Atomic Energy Commission - B-145

$ 14,387.06

Checks for Cash

Held in Trust - W . E. Simmons

Student Activities

77.00

Atomic Energy Com. Cont. # A T - (4 0 -l)-2 5 6 8

Tuition Deposit, Tech. Inst.

4,975.00

National Institute of Health Grant - RG-4722(C-2)

Exp. Station

3,984.79

Teachers' Retirement Withholding

38,742.35

Withholding Tax Collections

120,990.43

U. S. Savings Bonds Deductions

366.83

Gamma Tau, Inc. - Held in Trust

519.00

G a. Dept, of Commerce - Exp. Station

Held in Trust - Wm. J. McCarthy - S. T. I.

Dean S kiles Fund

394.20

Controller's O ffice Flower Fund

9.70

Security Deposits - Lawson Apartments

1,940.00

Security Deposits - Burge and Callaway Apartments

1,928.95

Extension Division - Short Courses and Conference s 2 , 5 1 9 . 2 4

Student Lectures and Concerts

8,816.93

Held in Trust - M. T. Brinson

Small Business Administration - Engineering

Experiment Station

Held in Trust - Victor M. Rowland

Student Activities Building Fund

176,035.18

Tech. Inst. Student Activities

247.89

National Institute of Health Grant - S-87 -

Experiment Station

8,754.68

Held in Trust - Charles M. Miller

Held in Trust - E. M. Uppal

25.00

National Institute of Health Grant - S -7 9 - C 1 - EES

5.301.56

Sale of Surplus Property

929.13

Atomic Energy Comm. - Exp. Station

4,002.35

National Institute of Health Grant - E-1585 C2

1,613.77

Chemistry Breakage Books

6,825.00

Held in Trust - David W . Dennis

National Institute of Health Grant - RG-4945 C2

627.60

So. Tech. In s t. Flower Fund

240.83

Sales Tax - Bradley Dining Hall

374.87

Sales Tax - Brittain Dining Hall

299.30

Music Department Activities

4.326.56

AEC Grant - AT(4010)-2453

45.05

Military Uniforms Vo. No. 33100

400.00

Held in Trust - Kenneth Labbe

$ 27,155.40 $ 40,977.20

30.28

30.28

70.00

70.00

206,338.00

188,452.00

5,395.50

5.395.50

13,975.00

12,500.00

299,154.30 1,071,461.74
21,169.75 500.00
34,696.09 1.075.00 831.00 41.94 3.070.00 910.00 1,523.09
11,351.21 70.00

3,984.79 295,672.62 1,192,452.17
21,206.25
34,696.09 1.075.00 899.09 48.20 1.435.00 870.75 4,042.33 9,428.53 70.00

27,634.00 50.00
40,473.06 16,642.15

18,548.44 50.00
3,050.39 16,187.56

70.00
603.38 734.40 12,999.50 4,706.45 207.00 7,073.00 599.00 8,930.11 5,031.33 3,464.75 2,748.60
500.00

8,754.68 70.00 25.00
5,301.56 1.532.51 3,949.71 14,612.97 8,530.10
207.00 7,700.60
619.66 8,985.50 5,080.02 4,770.75 2,678.74
400.00 500.00

$ 565.26
17,963.00 6,450.00
42,224.03 330.33
1,019.00
326.11 3.44
3,575.00 1,968.20 10,739.61
9,085.56 213,457.85
702.48
787.04 .30
3,001.35
220.17 319.48 250.61 3,020.56 114.91

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

AGENCY FUNDS (CONTINUED) Ga. Tech Student Council Parking Fines So. Tech Alumni Dues Held in Trust - Murray T. Greer, Jr. Held in Trust - John W esley Saltsman, Jr. Held in Trust - Manuel Carlos Guillen The Graduate Senate Held in Trust - Louis Diaz Ugly Man Contest - S. Tech. Inst. Held in Trust - S. T. I. Alumni Found. Held in Trust - Yio Koi Chan - Known as Orlando Chan Held in Trust - Carlos Valdes Miranda Drama Tech Productions Held in Trust - Manuel R. J. Cereijo Military Uniforms Vo. No. 46114 National Institute of Health Grant GN-5968 Pi Kappa Phi Furniture Account Ga. Tech Faculty Club Held in Trust - Gustavo Gutierrez Held in Trust - Salem N. Habib National Science Foundation Grant 7051 Tuition Deposits Fall, 1959 Society of the Sigma Xi Held in Trust - G. S. Agid National Institute of Health Grant R-64945 Held in Trust - William McCaslin National Institute of Health Grant - RG-6400 Tau Alpha Pi National Honor Society Ga. Tech Athletic Association Held in Trust - Architecture Department I. M. 443 Associates Atomic Energy Comm. Cont. #AT(4040)-2493 National Science Found. Grant G-6084 Atomic Energy Comm. #A T(40-l)-2490 Liquid Petroleum Gas A ssoc. Inc. Fund Air Force Books Physical Training Department Military Uniforms Vo. No. 44913 Military Uniforms Vo. No. 8915 G a. Tech G . E. A. St. Patrick's Council Dormitory Deposits Phi Lambda Epsilon Price Gilbert, Jr. Entertainment Fund

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 13,844.35 9,643.48 1,014.88
214.54 81.91
680.42

$ 108,267.84 $ 101,482.52

4,032.00

10,004.28

2,680.00

2,813.17

1,800.00

1,800.00

2,700.00

2,294.00

677.00

677.00

880.62

821.06

677.00

677.00

189.85

95.22

1,102.50

890.00

$ 20,629^67 3,671.20 881.71
406.00
274.10
176.54 892.92

107.28
200.00 14,204.76
3,782.90 719.11
8,171.59 30,800.00
1,058.51
5.64
4,101.63 1,377.06
279.62 4.70
6,165.93 21,060.28
3,999.22 6,045.25
1.78
100.00 17,200.00
87.46 25.00 30,610.00 172.06 1,152.57

1,000.00 831.00
2,518.13 887.00
19,665.00
2,181.00 500.00 621.00
4,600.00 4,575.00 2,602.00
621.00
1,060.90 4,111.00
656.65 3,638.90
41,250.00
35,416.35 1,836.69
2,100.00
91.00
35,570.00
1,150.00

1,000.00 831.00
2,868.49 887.00 200.00
20,707.56 3,782.90 2,900.11 500.00 207.00 9,803.68
35,375.00 2,372.34 621.00 5.64 1,060.90 8,212.63 766.15 3,638.90
4.70 45,301.96 12,662.48 33,029.51
4,984.98 1.78
2,100.00 56.14
15,643.86 34.24 25.00
15,735.00
856.47

(-)243.08
13,162.20
414.00 2,967.91 1,288.17
1,267.56 279.62
2,113.97 8,397.80 6,386.06 2,896.96
43.86 1,556.14
144.22 50,445.00
172.06 1,446.10

229

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

AGENCY FUNDS (CONTINUED) National Institute of Health Grant E-106C1 National Institute of Health Grant RG-6447A National Institute of Health Grant E1585C1 Held in Trust - Jimmy Bridges Social Security Withholdings National Science Foundation Grant No. 7361 Tuition Deposits Fall, 1958 National Institute of Health Grant RG-6486CZ National Institute of Health Grant E2973 National Institute of Health Grant E2948 Military Uniforms Vo, No, 11514 So, Tech. Inst, Dormitory Deposits Senior Invitations U. S, Govt. Check - Unknown Military Uniforms Vo, No, 66676 Qa, Dept, of Commerce - E. E, S. National Institute of Health Grant - S-106(R-1) National Institute of Health Grant RG-4945C3 Military Uniforms Vo. No, 14562 Extension Division - Summer, 1959 Military Uniforms Vo, No, 67586 Atomic Energy Comm. Grant - AT-( 4 0 -1 )-2 5 9 1 Georgia Power Company B-173 Military Uniforms Vo, No. 12545 Held in Trust for Fa ll, 1959 - Guillermo Aguayo Civil Engineering Surveying C lass, 1959 Sales Tax - Military Uniforms Cloudman Dormitory Senate Harrison Dormitory Senate National Institute of Health Grant - 513470
Held in Trust - Jerry Dillard National Institute of Health Grant - RG-7004 National Institute of Health Grant - RG-6837 National Institute f Health Grant - RG-6906 Tuition Deposits Fall, I960 Military Uniforms Vo, No. 109374 National Institute of Health Grant - RG-4722C3 Military Uniforms Vo, No, S7337 Pat Boone Show National Institute of Health RG-4722C3 Military Uniforms Vo, No. 9551 Military Uniforms Vo. No. 112495 Military Uniforms Vo, No, 12122 Survey Course Summer, I960 State Withholding Tax Southeastern Interfraternity Conference

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 2, 256. 94 388. 50 19. 00
147, 420.,47 1, 500.,00
3, 600.,00 4, 070.,00
622.,16
447.,36 ,85
14, 679,,28
900..00 56, 703,.00
6, 775..82
3, 100..00 460,.00
4, 844,.00
24,, 9 0 63,. 4 0

$i 26, 175. 28 $
158, 590. 10
14, 006. 18 34, 672. 00 12, 870. 00
3,,600. 00 2,,634. 33 24,,990. 00 (-:)200. 00 5,, 190.,86
6,, 584.,00
6,,42 1.,00 (-;) 3 0 9 . , 8 2 25,, 542.,00 9,, 102.,44
804,.00 3,,41 9,.31
10,,00
39,, 2 1 5 , , 0 0 200,.00
14,,97 9,.00 13,,24 2,,00 11,,24 1,,00 32 ,825,.00 42,, 5 3 6 , . 0 4
6,,23 8,.00 28,,82 4,.06
8 , 657,.10 6,239 .00
91 .63 1,051,.59
774 .86 4 , 141 .00 14 ,4 7 9 .05
91 .8 7

8, 654. 36 2, 256. 94
388. 50 19. 00
158, 590. 10 60, 520. 29 1, 500. 00 7, 434. 66 19, 052. 42 10, 975. 68 3, 600. 00 4, 650. 00 2, 470. 84 24, 990. 00 247. 36 85 14, 679. 28
900.,00 63, 124.,00
5, 466.,00 15, 091.,92
4, 861.,64 1, 300,,00
460.,00 5, 648.,00 3, 422,,17
33,,88 9., 8 9
14, 883,.30 200,,00
4,,457,.47 3,,615,.26 2,, 0 6 0 , . 5 5
750,.00 28,,520,.21
22.,224,.06 5,, 727,.10 5., 5 9 4 , . 9 1 91 .63 435 .34 374 .86 2,, 528 .0 0
14,,4 7 9 .0 5

$ 17, 520. 92
86, 900. 18
6, 571. 52 15, 619. 58
1, 894. 32
3, 020. 00 785. 65
5, 190. 86
6, 584. 00
1,, 0 0 0 . , 00 10,,450.,08
4,,240.,80 1,, 8 0 0 . , 0 0
(" ) 2 . , 8 6 1 .,02
53.,51 24,,331.,70
10,. 5 2 1 , , 5 3 9,, 6 2 6 , . 7 4 9,, 1 8 0 , . 4 5
32,,075,.00 14,, 0 1 5 , . 8 3
6,, 2 3 8 , . 0 0 6,, 6 0 0 , . 0 0 2,, 9 3 0 , . 0 0
644,.09
616 .25 400 .00 1,613 .00
91 .8 7

230

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

AGENCY FUNDS (CONTINUED) National Institute of Health Grant - RG-4945C3 National Institute of Health Grant - A3674R1 TOTAL AGENCY FUNDS
TRANSFERS From Auxiliary Enterprises - Drama Tech Prod.
TOTALS

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ $834,487.86

$ 6,589.64 9,603.00
$2,696,894.98

$ 6,558.45 $2,805,439.63

$

31.19

9,603.00

$725,943.21

$

$

278.21 $

$ 278.21

$834,487.86 $2,697,173.19 $2,805,439.63 $726,221.42

STAiTEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Authority Rentals 743 Techwood Drive, N. W. 865 Plum Street, N. W. 163 Third Street, N. W. Land Lot 507 - 17th District,
Second Section, Cobb County 723 Brittain Drive, N. W. 757 Hemphill Avenue, N. W. 753 Hemphill Avenue, N. W. 855 Plum Street, N. W. 30 Acres Land Lot 507 - 17th
District, Cobb County 837 Atlantic Drive, N. W. For Nuclear Reactor 833 Atlantic Drive, N. W. 360 Tenth Street, N. W. 1051 Plum Street, N. W. 301 Tenth Street, N. W. 733 Techwood Drive, N. W. For Dormitory Project 302 Home Park Avenue, N. W. 885 State Street, N. W. 719 Brittain Drive, N. W. 7 6 8-77 8 Atlantic Drive, N. W.
and Vacant Lot Between

Balance July 1, 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

$

$ 61,426.80 $ 61,426.80 $

$

18,177.69

18,177.69

14,145.67

14,145.67

16,665.66

16,665.66

8,246.50

8,202.19 15,111.18 22,444.00 12,867.75 14,328.86

44.31 (-) 1 5 ,1 1 1 .1 8 (-)22, 444.00 (-) 12, 867. 75 (-) 14, 328.86

57.08 1,941.13
154.10

50.85 146.18 207.77
111.44
145.39

17,377.96
14,327.11 12,196.43
50.85 146.18 207.77
111.44 9,099.27
145.39

57.08 (-) 1 7 ,3 7 7 . 96
1,941.13 (--) 14, 3 2 7 .1 1 (-) 1 2 ,1 9 6 .4 3
154.10
(--)9 , 0 99 . 27

36,625.92 (-)36, 625.92

231

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1, 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

Vacant Lot South of 925

Greenfield Street, N. W.

$

785 Techwood Drive, N. W.

331 Fourth Street, N. W.

$

$

139.70

23,851.50

Vacant Lot Adjoining 925

Greenfield Street, N. W.

114 Fourth Street, N. W. Renovation of Harris Dorm. Renovation of Knowles Bldg. Radioisotopes Laboratory Bldg.

3,512.26 7,932.11 44,970.73

Repairs to Harris Dorm. Renovation to Civil Eng. Bldg. Repairs to Library Bldg. Purchase of Property - M isc.

1,008.00 2,263.11 1,300.00 52,116.43

166,126.79

Renovation and Replacement Auxiliary Enterprises
Renovation of Mech. Eng. Bldg.

585,656.77 35,637.75

(-) 92, 751.68

Renovation of Eng. Dr. and M ech.
Bldg. Renovation of Physics Bldg.

32,738.01 23,737.75

Central Storage and Shops Renovation of Naval Armory Geology Lab. in Civil Eng. Bldg. Renovation of Techwood Dorm.

249,630.00 412.21
1,140.45 16,329.43

900.00

Fire Hazard Work - Techwood Dorm.

21,487.34

Repairs to Roofs of Callaway Apts. Portable Floor for Alex. Mem. Bldg.

17,500.00

Repairs to Cloudman Dorm. Southern Regional Ed. Board Bldg.

3,511.22

Remodeling Old Court Lab. - Chem. Eng.

3,200.00

Renovation of Admin. Bldg. -

Registrar's Office Offices in Highway Bldg.

2,760.15 2,682.11

Heating S y s. Repairs to Brown Dorm.

Heating S y s . Repairs to Harris Dorm,

Nuclear Reactor Bldg.

2,341,030.70

81,354.11

Repairs to Rich E lec. Comp. Ctr, Bldg,
Repairs to Rental Property

1,746.13 58.92

Heating Sys. Repairs to Harrison

Dorm.

Heating Sys. Repairs to Howell

Dorm. Partition on Shop Balcony - Exp. Sta .

84.18

2 , 5 8 5 . 6 0 :? ( - ) 2 , 5 8 5 .6 0 $ 139.70
23,851.50

1,723.97 281.75
10,823.94 45,114.92
628.00

(-)l, 723.97 (--) 2 8 1 .7 5 3,512.26
(-) 1 ,6 1 1 .7 0
1,008.00 2,263.11
178,722.44

(-)l, 280.13 (-) 144.19
672.00 39,520.78

9,313.62

120,158.60

372,746.49 26,324.13

24.84 6,238.44 8,661.59
943.60
13,611.91

1,611.70 1,140.45

32,713.17 15,887.61 240,968.41
368.61
2,717.52

4,340.72 29,246.99

21,487.34 ( - ) 5 ,000.00
(-)30,000.00 3,511.22

659.28 17,500.00
753.01

3,200.00

417.72 423.24 19,944.65

2,760.15 2,682.11
(-)642.00 (-)623.00 (-) 1 ,9 4 1 .1 3

224.28 199.76 2,404,381.29

243.70

1,502.43 58.92

567.02

(--) 8 0 1 .0 0

233.98

567.02

(--) 8 0 1 .0 0 84.18

233.98

232

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance luly 1, 1959

Receipts

Disbursements

Transfers

Balance Tune 30, 1960

Renovation of Chemistry Annex $ 1 0 , 5 3 3 . 2 4 $

Renovation of Y. M. C . A. Bldg.

259.28

Renovation of Hightower Textile

Bldg.

11,463.00

Renovation of Ceramic Eng. Bldg.

15,500.00

Research Warehouse at Atlantic Dr.

462.95

Ceramics Lab. Research Area II

1,675.59

Chemistry Bldg. Addition (Ch.

Eng.)

1,313.20

Old Shop Building

48.39

Physics Building

1,000.00

Civil Eng. Bldg.

1,000.00

Mech. Eng. Bldg, and Adjacent

Area

Renovation of Admin. Bldg.

Mech. Eng. Bldg. - Mfg. Process

Lab.

10,577.55

New Dormitories

( - ) 3 ,265.17

Southern Tech. Inst. Bldgs.

2,019,334.70

Infirmary Bldg. Dining Hall Fire E lectrical Eng. Bldg. - New

(--)5, 4 5 0 .7 7 942.75
(--) 2 6 0 .0 0

Partition Room 311 of Main Research Bldg.

350.00

Accoustical Tile, 719 Cherry

Street

395.83

Boiler House - Brittain Dining Hall

1,700.00

Repairs to Chem. Bldg. Glassblower
Repairs to Bradley Dining Hall Research Lab. in Textile Bldg.

10,000.00 2,660.00 1,875.00

Renovation and Replacement -

So. Tech. Aux. Ent.

97,372.78

Repairs to Rooms 2 2 5 -2 2 6

Main Research Bldg.

Repairs to Price Gilbert Library

Rifle Range, Crenshaw Facilities

Improvement in Lighting - Civil

Eng.

Conversion of Classrooms - Mech.

Eng.

Modernization of Lighting Sys. in

Machine Lab. - M. E.

Conversion of Space into Labs -

Physics

$
145.47
13,000.00 75,000.00
3,111.07 48,428.25 435,350.00
720.00
4,000.00
3,300.00 3,500.00 35,000.00
904.66 2,000.00 2,000.00 8,500.00

3,035.12 !

$ 259.28

7,498.12

515.13 5,054.82
419.94

462.95 1,401.12

10,947.87 10,445.18

689.18

1,313.20 48.39

310.82 1,000.00

13,000.00

75,000.00

8,387.84
148,980.72 364,191.08
460.00

(-)2,000.00 ( - ) 1 5 4 .10
(-) 10, 252.64

4,189.71
1,929,034.87 65,708.15 942.75

331.96

18.04

395.83

1,045.56

654.44

8,168.24 2,633.59 2,281.47

1,831.76 26.41
3,593.53

97,372.78

2,361.31

3,500.00 (-)7, 396. 24

938.69 42,396.24

704.66

200.00

1,106.53

893.47

2,000.00

8,500.00

233

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance Tuly 1, 1959

Receipts

Disbursements

Transfers

Balance Tune 30, 1960

Additions to Power Plant

$

Furniture for Housing Office

Repairs to Southern Tech Dining

Hall

Dark Room in Photo Lab. -

Exp. Sta.

Paving to Complete Classroom

Bldg.

Addition to Chem. Annex

Renovation of Quantitative

Analysis Lab. - Chemistry

Repair Chimney at Power Plant

Deaerator on Boiler in Power

Plant

Renovation of Offices in Swann

Bldg.

Remodel Rooms 2 0 6 -2 0 7 Main

Res. Bldg.

Renovation of ODK Room

Brittain Dining Hall

Drainage and Gas Line

T e c h wood

Paving - New Infirmary

Grading For Radioisotopes

Lab. Bldg.

Paving - Alex. Mem. Parking

Lots

City of Atlanta and Fulton

County 1958-59

Paving around Peters Park

City of Atlanta and Fulton

County 1959-60

Providing Parking Area at

Techwood Dorm.

Install Fence Around Property at

Callaway Apts.

Landscaping New Classroom

Area

Parking F a cilitie s Rear of Civil

Eng. Bldg.

Plans for Change from Delta to

Wye Electrical Sys.

Radioisotopes Lab.

Furnace Unit at Techwood

Air Conditioning - Civil Eng. Bldg.

$
950.33 (-)471.24 2,149.47 11,473.79 2,364.40
22,685.81 3,843.13

10,000.00 $ 1,660.41 2,312.17 411.43 608.00
35,000.00 5,000.00 5,000.00 4,898.00 6,000.00 5,500.00
50,000.00
15,000.00
1,000.00 1,800.00

7 , 4 0 5 . 5 8 >

$ 1,660.41

2,594.42

2,312.17

411.43 1,382.55
608.00 17.25
4,925.98

(->5,200.00

(->1,382.55
34,982.75 5,200.00 74.02 5,000.00

4,898.00

6,000.00

8.82

950.33

5,491.18

(-)471.24

(->1,766.96

3,916.43

126.20

11,473.79 2,238.20 '
12,526.21

37,473.79

381.94 5,134.58 7,581.26 1,043.64

(->9,500.00 (->5,500.00 (->16,500.00 (->3,800.00

22,677.05 1,800.00

3,843.13

9,118.06 365.42
23,918.74 2,756.36 1,000.00 8.76

234

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1, 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

Lounge Furniture for Harrison

and Howell Dormitories

$

$

Equipment for New Infirmary

Ice Machine - Bradley Dining

Hall

Furniture for Harris Dorm.

5,000.00

Mechanical Engineering

2,567.26

Textile Engineering

993.77

Furniture for Housing Office

Georgia Fire Institute Equip.

695.41

Furniture for Public Relations

Office

M iscellaneous Dormitory

Furniture

1,433.16

Engineering Drawing and

Mechanics

\ 3,370.29

Furniture for Lounge and

TV Room - S. T. I.

Supersonic Wind Tunnel

771.68

Equipment for Drama Tech

1,119.00

Atomic Energy Commission

Grant to Civil Eng.

3,752.96

Equipment for Southern Tech -

Junk

1,368.51

Air Cond. Labs - Textile Dept.

15,000.00

Air Cond. Room 212 Research

1,600.00

Construction and Air Cond. of

Lab N. Balcony - Research

331.55

Tablet Arm Chairs

2,000.00

Equip. For Kitchen in Pres. Home

Ice Machine for Southern Tech

Dining Hall

Furniture for Harris and Howell

Loose Furniture for New Dorms.

Cash Register for T-Room -

Brittain Dining Hall

Ice Machine - Brittain Dining Hall

Furniture for Techwood Dorm.

254.88

Nuclear Research Reactor

9,628.26

Nuclear Research Reactor -

NSF Grant

750,000.00

Air Cond. - Pres, 's Office

801.36

Brown Debt Service

Cloudman Debt Service

Harrison Dorm. - Debt Service

Howell Dorm. - Debt Service

$ 40,000.00
2,500.00
856.25 1,336.83
1,070.00
216.66
12,000.00 4,500.00 1,207.00
1,028.00 1,273.00 1,419.98 24,032.81 50,490.18 30,003.35 6,706.95 5,041.72

3,135.60 $ (-)3 ,175.60 $

40.00

7,841.45

32,158.55

2,210.00 3,328.47 1,859.98
2,516.66 694.78

(-) 1,6 6 0 .4 1

290.00 1,671.53
707.28 993.77
.63

1,223.45

113.38

(-) 14.25

1,447.41

3,370.29

900.00 769.19 1,109.51

170.00 2.49 9.49

2,359.25

1,393.71

1,328.84 13,400.63
125.00

256.33 1,599.37 1,475.00

123.94 1,995.95
15.12

207.61

12,004.05 4,484.88

1,207.00

(-)28, 930.00 (--) 5 0 , 1 8 6 . 0 0

28,930.00 50,186.00

1,028.00

1,273.00 254.88
11,048.24

50,490.18 30,003.35
6,706.95 5,041.72

(-)7, 500.00 801.36

781,532.81

235

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance Tuly 1, 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

Sale of Property

$

Appraisals

58.33

To Educational and General Funds

To Auxiliary Enterprises

To Eng. Exp. Station

To Board of Regents

To Southern Tech. Institute

SUBTOTAL

$6,474,628.50

Bond Sinking Fund Callaway Sinking Fund

190,208.47 33,527.71

Reserve Fund - Bond Indenture

27,807.49

SUBTOTAL

$6,726,172.17

Investments

(--) 2 1 0 , 8 7 4 . 2 7

$

100.00

154.10
36,430.80
$1,301,661.46 182,299.61 4,947.95 682.52
$1,489,591.54 210,874.27

$

37.80

1,060.00

10,895.29

1,221.02

3,658.29

62,711.60

101.39

$1,278,622.32

189,225.59

$1,467,847.91 248,571.58

$ ( - ) 2 ,000.00
(-) 1 0 ,8 9 5 .2 9 (-)l, 066.92 (-)3, 658.29
(--)26, 2 8 0 .8 0 (-) 101.3 9
$ (-)3 ,161.88
3,161.88 $

$

62.20

998.33

$6,497,667.64 186,444.37 38,475.66 25,328.13
$6,747,915.80 (--)2 48 , 5 7 1 .5 8

TOTAL

$6,515,297.90 $1,700,465.81 $1,716,419.49 $

$6,499,344.22

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, BEGINNING OF YEAR
ADDITIONS Earnings on Temporary Investments
Governmental Appropriations State of Georgia City of Atlanta and Fulton County TOTAL GOVERNMENTAL APPROPRIATIONS
University System Building Authority
Gifts and Grants Georgia Tech Foundation
Sale of Property Exchange of 743 Techwood, 737 Techwood for Southwest Corner of 4th Street and E x p ., 114 - 4th Street

Funds For Plant Additions
$6,471,606.90

Debt Service $254,565.27

Total $6,f7 2 6 ,1 7 2 .1 7

$ 251,146.92 $ 6,933.31 $ 258,080.23

$ 126,500.00 $ 50,000.00
$ 176,500.00 $
$ 3,985.17 $

$ 126,500.00 50,000.00
$ 176,500.00
$ 3,985.17

$ 1,800.00 $

$ 1,800.00

$ 4,810.14 $

$ 4,810.14

236

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant Additions Debt Service

Total

ADDITIONS (CONTINUED) Sale of Property (Continued) Houses Old Dormitory Furniture Other Equipment TOTAL SALE OF PROPERTY

$

601.50 $

3,782.90

1,984.17

$ 11,178.71 $

$

601.50

3,782.90

1,984.17

$ 11,178.71

Radio Station W. G. S, T.

$ 100,000.00 $

$ 100,000.00

Transfers from Trust Funds

$ 251,342.12 $

$ 251,342.12

Transfers from Engineering Experiment Station

Ceramics Lab. Research Area II

$

Repairs to Rooms 2 2 5 -2 2 6 Main Research Building

Dark Room in Photo Lab, - Experiment Station

Remodel Rooms 2 06 -2 07 Main Research Building

TOTAL TRANSFERS FROM ENGINEERING EXPERIMENT STATION $

145.47 $ 3.300.00
411.43 4.898.00 8,754.90 $

$

145,47

3.300.00

411,43

4.898.00

$ 8, 754. 90

Transfers from Educational and General Funds

331 Fourth Street, N. W. Renovation of Naval Armory Remodeling Old Court Lab. - Chem. Eng,

$ 23,851.50 $ 900.00
3,200.00

Research Lab. in Textile Building

4,000.00

Improvement in Lighting - Civil Eng.

904.66

Conversion of Classrooms - Mech. Eng.

2,000.00

Modernization of Lighting in Lab. - Mech, Eng. Conversion of Space into Lab. - Physics Addition to Chem, Annex Renovation of Quan. Analyses Lab, - Chem. Deaerator on Boiler in Power Plant

2,000.00 8,500.00
608.00 35,000.00
5,000.00

Renovation of Offices in Swann Building

5,000.00

Landscaping New Classroom Area Plans for Change from Delta to Wye Electrical System Furniture for Housing Office Furniture for Public Relations Office Tablet Arm Chairs Equipment for Kitchen in President's Home

15,000.00 1,000.00 715.50 1,336.83
12,000.00 4,500.00

TOTAL TRANSFERS FROM EDUCATIONAL AND GENERAL FUNDS $ 1 2 5 , 5 1 6 , 4 9 $

$ 23,851.50 900.00
3,200.00 4,000.00
904.66 2,000.00 2,000.00 8, 500.00
608.00 35,000.00
5,000,00 5,000.00 15,000.00 1,000,00
715.50 1,336.83 12,000.00 4,500.00 $ 125,516.49

Transfers from Auxiliary Enterprises Purchase of Property - Miscellaneous Renovation and Replacement - Auxiliary Enterprises Additions to Power Plant Furniture for Housing Office Repairs to Southern Tech Dining Hall Renovation of ODK Room - Brittain Dining Hall

$ 9,143.32 $ 136,756,20 10,000.00 1,801.16 2,312.17 6,000,00

$ 9,143.32 136,756,20 10,000.00 1,801.16 2,312,17 6,000,00

237

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

ADDITIONS (CONTINUED) Transfers from Auxiliary Enterprises (Continued) Ice Machine - Bradley Dining Hall Ice Machine - for S. T. I Dining Hall Cash Register for T-Room - Brittain Dining Hall Ice Machine - Brittain Dining Hall Brown - Debt Service Cloudman - Debt Service Harrison Dormitory - Debt Service Howell Dormitory - Debt Service To Board of Regents Bond Sinking Fund Callaway Sinking Fund Authority Rentals TOTAL TRANSFERS FROM AUXILIARY ENTERPRISES
Transfers from Southern Technical Institute Land Lot 507 - 17th District, Second Section Cobb County Furniture for Lounge and TV Room - S. T. I. TOTAL TRANSFERS FROM SOUTHERN TECHNICAL INSTITUTE
TOTAL ADDITIONS
DEDUCTIONS Expended for Plant Additions Land 743 Techwood Drive, N. W. 865 Plum Street, N. W. 163 Third Street, N. W. Land Lot 507 - 17th District, Second Section, Cobb County 723 Brittain Drive, N. W. 757 Hemphill Avenue, N. W. 753 Hemphill Avenue, N. W. 855 Plum Street, N. W. 837 Atlantic Drive, N. W. 833 Atlantic Drive, N. W. 360 Tenth Street, N. W. 1051 Plum Street, N. W . 301 Tenth Street, N. W. 733 Techwood Drive, N. W. 302 Home Park Avenue, N. W. 885 State Street, N. W. 719 Brittain Drive, N. W. 76 8 -7 7 8 Atlantic Drive, N. W . and Vacant Lot Between Vacant Lot South of 925 Greenfield Street, N. W. 785 Techwood Drive, N. W.

Funds For Plant Additions Debt Service

Total

$ 2,500.00 1,207.00 1,028.00 1,273.00
36,430.80
61,426.80 $ 269,878.45

$
50,490.18 30,003.35
6,706.95 5,041.72
176,740.37 4,256.40
$273,238.97

$

2,500.00

1,207.00

1,028.00

1,273.00

50,490.18

30,003.35

6,706.95

5,041.72

36,430.80

176,740.37

4,256.40

61,426.80

$ 543,117.42

$ 8,246.50 1,070.00
$ 9,316.50
$1,209,419.26

$ $ $280,172.28

$ 8,246.50 1,070.00
$ 9,316.50
$1,489,591.54

$ 18,177.69 $ 14,145.67 16,665.66 8,202.19 15,111.18 22,444.00 12,867.75 14,328.86 17,377.96 14,327.11 12,196.43 50.85 146.18 207.77 111.44 9,099.27 145.39 36,625.92 2,585.60 139.70

$ 18,177.69 14,145.67 16,665.66 8,202.19 15,111.18 22,444.00 12,867.75 14,328.86 17,377.96 14,327.11 12,196.43 50.85 146.18 207.77 111.44 9,099.27 145.39 36,625.92 2,585.60 139.70

238

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Land (Continued) 331 Fourth Street, N. W. Vacant Lot Adjoining 925 Greenfield Street, N. W . 114 Fourth Street, N. W. TOTAL LAND
Buildings and Additions to Buildings Renovation of Knowles Building Radioisotopes Laboratory Building Repairs to Library Building Renovation of Mech. Eng. Building Renovation of Eng. Dr. and Mech. Building Renovation of Physics Building Central Storage and Shops Renovation of Naval Armory Renovation of Techwood Dorm. Repairs to Roofs of Callaway Apartments Repairs to Cloudman Dorm. Heating System Repairs to Brown Dorm. Heating System Repairs to Harris Dorm. Nuclear Reactor Building Repairs to Rich E lec. Comp. Center Building Heating System Repairs to Harrison Dorm. Heating System Repairs to Howell Dorm. Renovation of Chemistry Annex Renovation of Hightower Textile Building Renovation of Ceramic Eng, Building Ceramic Lab. Research Area II Physics Building Mech. Eng. Building - Mfg. Process Lab, Southern Technical Institute Buildings Infirmary Building E lectrical Eng. Building - New Partition Room 311 of Main Research Building Boiler House - Brittain Dining Hall Repairs to Chem. Building - Glassblower Repairs to Bradley Dining Hall Research Lab. - Textile Building Repairs to Rooms 2 2 5 -2 2 6 Main Research Building Improvement in Lighting - Civil Eng. Conversion of Classrooms - Mech. Eng. Additions to Power Plant Dark Room in Photo Lab - Experiment Station Paving to Complete Classroom Building

Funds For Plant Additions Debt Service________ Total

23,851.50 $ 1,723,97 281.75
240,813.84 $
10,823,94 $ 45,114,92
628.00 9,313.62
24.84 6,238.44 8,661.59
943.60 13,611.91
4,340.72 29,246.99
417.72 423.24 19,944.65 243.70 567.02 567.02 3,0 3 5 .1 2 515.13 5,054.82 419.94 689,18 8,387.84 148,980.72 364,191.08 460,00 331.96 1,045.56 8,168.24 2,633.59 2,281.47 2,361.31 704.66 1,106.53 7,405.58 411.43 1,382.55

$ 23,851.50 1,723.97 281.75
~ T 240,813.84
$ 10,823.94 45,114.92 628.00 9,313.62 24.84 6,238.44 8,661.59 943.60 13,611.91 4,340.72 29,246.99 417.72 423.24 19,944.65 243.70 567.02 567.02 3,035.12 515.13 5,054.82 419.94 689.18 8,387.84
148,980.72 364,191,08
460.00 331.96 1,045.56 8,168.24 2,633.59 2,281.47 2,361,31 704.66 1,106.53 7,405.58 411.43 1,382.55

239

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant Additions Debt Service

Total

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Buildings and Additions to Buildings (Continued) Addition to Chem. Annex Analyses Lab. - Chemistry Deaerator on Boiler in Power Plant TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$

608.00 $

17.25

4,925.98

$ 716,229.86 $

Improvements Other Than Buildings Paving - New Infirmary Paving Around Peters Park Providing Parking Area at Techwood Dormitory Install Fence Around Property at Callaway Apartments Landscaping New Classroom Area Parking F acilitie s Rear of Civil Eng. Building TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$

8.82 $

126.20

381.94

5,134.58

7,581.26

1,043.64

$ 14,276.44 $

Equipment

Radioisotopes Lab.

$ 22,677.05 $

Air Conditioning Civil Eng. Building

1,800.00

Lounge Furniture for Harrison and Howell Dormitories

3,135.60

Equipment for New Infirmary

7,841.45

Ice Machine - Bradley Dining Hall

2,210.00

Furniture for Harris Dorm.

3,328.47

Mechanical Engineering

1,859.98

Furniture for Housing Office

2,516.66

Georgia Fire Institute Equipment

694.78

Furniture for Public Relations Office

1,223.45

M iscellaneous Dormitory Furniture

(-) 14.2 5

Furniture for Lounge and TV Room - S. T. I.

900.00

Supersonic Wind Tunnel

769.19

Equipment for Drama Tech

1,109.51

Atomic Energy Commission Grant to Civil Engineering

2,359.25

Equipment for Southern Tech. - Junk

1,328.84

Air Conditioning Labs in Textile Department

13,400.63

Air Conditioning Room 212 Research

125.00

Construction and Air Conditioning of Lab. N. Balcony Research

123.94

Tablet Arm Chairs

1,995.95

Equipment for Kitchen in President's Home

15.12

Ice Machine for Southern Tech Dining Hall

1,207.00

Cash Register for T-Room - Brittain Dining Hall

1,028.00

TOTAL EQUIPMENT

$ 71,635.62 $

TOTAL EXPENDITURES FOR PLANT ADDITIONS

$1,042,955.76 $

$

608.00

17.25

4,925.98

$ 716,229.86

$

8.82

126.20

381.94

5,134.58

7,581.26

1,043.64

$ 14,276.44

$ 22,677.05 1,800.00 3,135.60 7,841.45 2,210.00 3,328.47 1,859.98 2,516.66 694.78 1,223.45 (-) 14.2 5 900.00 769.19 1,109.51 2,359.25 1,328.84 13,400.63 125.00 123.94 1,995.95 15.1/2 1,207.00 1 , 0 2 8 . Q0
$ 71,635.62
$1,042,955.76

240

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

INDEBTEDNESS RETIRED Bonds Retired Trust Funds Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory TOTAL INDEBTEDNESS RETIRED
OTHER DEDUCTIONS Authority Rentals Bonds Interest on Indebtedness Trust Funds Interest on Indebtedness Brown Dormitory Cloudman Dormitory Harrison Dormitory Howell Dormitory TOTAL OTHER DEDUCTIONS
OTHER EXPENDITURES NOT CAPITALIZED Repairs to Southern Tech Dining Hall Sale of Property Appraisals Transfers To Educational and General Funds To Auxiliary Enterprises To Engineering Experiment Station To Board of Regents To Southern Technical Institute TOTAL OTHER EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, END OF YEAR

Funds For Plant Additions Debt Service

Total

$

$160,000.00 $ 160,000.00

49,764.42

49,764.42

29,572.08

29,572.08

6,422.98

6,422.98

4,819.77

4,819.77

$

$250,579.25 $ 250,579.25

$ 61,426.80 $

$ 61,426.80

29,225.59

29,225.59

725.76

725.76

431.27

431.27

283.97

283.97

221.95

221.95

$ 61,426.80 $ 30,888.54 $ 92,315.34

$

2,312.17

37.80

1,060.00

10,895.29 1,221.02 3,658.29
62,711.60 101.39
$ 81,997.56

$1,186,380.12

$6,494,646.04

$
$ $281,467.79 $253,269.76

$

2,312.17

37.80

1,060.00

10,895.29 1,221.02 3,658.29
62,711.60 101.39
$ 81,997.56

$1,.4 6 7 ,8 4 7 .9 1

$6, 747,915.80

241

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY OF INVESTMENT IN PLANT As of June 30 , 1960

INVESTMENT IN PLANT, JUNE 3 0 , 1960
ADDITIONS Expended from Plant Funds Current Expenditures Expended from Educational and General Funds Expended from Auxiliary Funds Expended from Southern Technical Institute Funds Expended from Experiment Station Funds Expended by University System Building Authority Equipment - Traded in. Installation Charges, Equipment Made on Campus, G ifts, Surplus Property Inter-Department Equipment Transfers Buildings Acquired - Constructed by Athletic Association Land Obtained in Exchange for Other Land and Buildings Assigned Values, $ 1 0 .0 0 Each to Temporary Buildings Equipment - To Adjust to Actual Physical Inventory as of June 30, 1960 TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 30, 1959, PLUS ADDITIONS
DEDUCTIONS Land and Buildings Exchanged for Other Land Buildings Removed for Other Improvements Inter-Department Equipment Transfers Equipment, Disposed of Equipment - To Adjust to Actual Physical Inventory as of June 30, 1960 TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 30, 1960
DEDUCT Plant Indebtedness Bonds Outstanding Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1960

$31,661,820.84

$278,337.55 16,983.40 6,772.23
182,504.82

$ 1,042,955.76

484,598.00 2,622,724.22

196,248.53 122,290.38
35,000.00 34,752.55
340.00

70,746.99

4,609,656.43

$36,271,477.27

$ 39,562.69 125,641.17 122,290.38 54,807.81

71,753.45

414,055.50

$35,857,421.77

$ 1,417,000.00 6,976,946.15

8,393,946.15 $27,463,475.62

242

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

A. LAND Campus Lawson Apartments Southern Tech (Marietta) Y. M. C. A. Farm (Willeo) 267 Robin Hood Road, N. E. TOTAL LAND

$ 2,105,703.46 $ 21,503.00
182,739.92 18,947.80 10, 000.00
$ 2,338,894.18 $

267,364.20 8,202.19
275,566.39

$ 21,177.69 $ 2,351,889.97 21,503.00
190,942.11 18,947.80
________________________ 1 0 , 0 0 0 . 0 0 $ 21,177.69 $ 2,593,282.88

B. BUILDINGS

Burge Apartments

$ 688,536.19 $

Classroom Building - University System

Building Authority

1,586,090.60

Y. M. C. A. Building

139,951.30

Techwood Dormitory

513,833.23

Crenshaw Field House

15,000.00

Smith Dormitory

605,913.01

Brown Dormitory

80,573.78

Boiler House (For Greenhouses)

800.00

Locker Rooms (For Brittain Dining Hall)

2,000.00

Howell Dormitory

154,313.43

Harris Dormitory

137,794.96

Brittain Dining Hall

154,867.76

Cloudman Dormitory

90,093.62

Harrison Dormitory

171,015.26

Towers Dormitory

477,435.02

Glenn Dormitory

601,588.35

Naval Armory

117,483.50

Swimming Pool and Gymnasium

266,000.00

Athletic Association Building

70,000.00

Chemistry Annex

56,224.26

Military Department Group

30,093.37

Physics Building

207,804.21

Hospital (Infirmary)

38,726.04

Power Plant - University System Building Authority 1 , 2 4 0 , 3 4 1 . 8 1

Chemical Engineering Annex

4,200.00

Chemical Engineering Building (Chemistry

Building Addition)

108,863.61

Chemistry Building (Lyman Hall and Emerson Hall) 1 3 0 , 5 5 1 . 4 6

A. French Building (Industrial Engineering -

Formerly Textile Building)

98,256.71

Post Office and Storeroom

5,000.00

Biology Building (Old Shop)

75,705.79

Biology Building Annex (Old Shop Annex)

2,000.00

Academic Building (Administration)

100,101.15

342,473.96 13,611.91
417.72
567.02 423.24 29,246.99 567.02
943.60
11,811.36 6,927.62
12,331.56
17.25

$ 15,000.00

$ 688,536.19
1,928,564.56 139,951.30 527,445.14
605,913.01 80,991.50 800.00 2,000.00
154,880.45 138,218.20 154,867.76 119,340.61 171,582.28 477,435.02 601,588.35 118,427.10 266,000.00
70,000.00 68,035.62 30,093.37 214,731.83 38,726.04 1,252,673.37
4,200.00
108,863.61 130,568.71
98,256.71 5,000.00
75,705.79 2,000.00
100,101.15

243

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS (CONTINUED)

Carnegie Building

$5 1 2 2 , 6 3 4 . 9 7

Brittain Dining Hall Addition

56,146.04

Alexander Memorial Building

3,000,000.00

Bradley Building

169,099.87

G irls' Residence Hall - 171 Fifth Street, N. W.

8,009.98

Architecture Building

1,080,531.81

Price Gilbert Memorial Library

1,843,409.60

Research Area #2 - Ceramics Research Building -

Butler Type

7,451.03

Southern Regional Education Board Building

210,400.24

New Infirmary

5,450.77

Physical Plant Department - Shop - Office

Physical Plant Department - Warehouse - New

370.00

New Electrical Engineering Building

260.00

New Dormitories

3,265.17

Nuclear Reactor Building

42,267.19

Grant Field Lecture Room Building

T Club Building

278 Uncle Heinie Way - Ext. Div. Short Courses

and Conferences

1,800.00

274 Uncle Heinie Way - Modern Languages

1,800.00

268 Uncle Heinie Way - Psychology

1,800.00

277 Uncle Heinie Way - Psychology

1,800.00

665 Plum Street - Industrial Management

1,800.00

Research Area #2

Building #1*

Building #2*

Building #14*

Building #5*

Building #6*

Building #12*

Building #7*

Building #13*

Building #19*

889 Atlantic Drive, N. W. - Ceramics Research

1,500.00

Adjacent to 889 Atlantic Drive*

Adjacent to 889 Atlantic Drive*

Adjacent to 889 Atlantic Drive*

Adjacent to 889 Atlantic Drive

10,324.41

171 Fourth Street, Rental

13,803.92

128 Fifth Street, Rental

12,736.10

114 Fourth Street, N. W . * *

$
2,633.59
628.00
364,191.08 787.41
7,874.18 1,129,784.12 1,083,052.63
19,944.65 20,000.00 15,000.00
10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
10.00 10.00 10.00 419.94
10.00

$
1,800.00 1,800.00 1,800.00 1,800.00 1,800.00
12,736.10

$ 122,634.97 56,146.04
3,000,000.00 171,733.46 8,009.98
1,080,531.81 1,844,037.60
7,451.03 210,400.24 369,641.85
787.41 8,244.18 1,130,044.12 1,086,317.80 62,211.84 20,000.00 15,000.00
10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 1,500.00 10.00 10.00 10.00 10,744.35 13,803.92
10.00

Assigned Values, Research Area II Original Purchase Cost Included Under Land

244

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS (CONTINUED)

Research Area #2 (Continued)

179 Fourth Street, Rental

$

14,261.39 $

Rear, 179 Fourth Street, Garage Apartment

1,000.00

Knowles Building

88,166.15

Electrical Engineering Building

62,654.93

Swann Building

84,256.01

Aeronautical Engineering (Guggenheim)

116,457.81

Drawing Building (Engineering Drawing)

201,261.99

Aeronautical Shop and Annex

47,146.50

Aeronautical Store

1,000.00

Textile Building (Hightower)

1,104,069.01

Mechanical Engineering Building

242,634.70

Electronics Laboratory Annex

2,000.00

M echanical Engineering Annex (M. E. Research)

31,710.00

Research Area #2

Research Building #18, Storage

34,399.87

Research Building #11, Naval Research

19,946.00

Research Building #17, Butler-Type (Formerly

Utilities Engineer)

23,124.67

Research Building #3*

Research Building #4*

Research Building #8*

Research Building #9*

Research Building #15*

Research Building #16*

Research Building #10*

Research Building #1

99,139.49

Hinman Research Building

349,739.42

Calculator Building

130,657.78

Rich Electronic Computer Center - University

System Building Authority

174,489.52

Research Building #2 (709 Cherry Street)

1,800.00

Research Building #5 (719 Cherry Street)

1,804.17

Research Building #6 (713 Cherry Street)

1,800.00

Research Building #7

7,010.00

Civil Engineering Building

177,175.88

Ceramics Building

49,000.00

Rifle Range

3,000.00

Pumping Station

1,000.00

Rose Bowl Field Storage Room

1,500.00

Modern Language Building

16,714.81

Radioisotopes and Bioengineering Laboratory Bldg. 3 9 2 ,8 2 6 .6 6

Garage, Warehouse and Storage Shed Group

11,417.67

$ 10,823.94
24.84
2,796.60 18,807.99

$

14,261.39

1,000.00

98,990.09

62,654.93

84,256.01

116,457.81

201,286.83

47,146.50

1,000.00

1,106,865.61

261,442.69

2,000.00

31,710.00

34,399.87 19,946.00

10.00 10.00 10.00 10.00 10.00 10.00 10.00
2,693.27

23,124.67 10.00 10.00 10.00 10.00 10.00 10.00 10.00
99,139.49 352,432.69 130,657.78

243.70
411.43 704.66 5,054.82

45,114.92

16,714.81

174,733.22 1,800.00 1,804.17 2,211.43 7,010.00
177,880.54 54,054.82 3,000.00 1,000.00 1,500.00
437,941.58 11,417.67

Assigned Values, Research Area II

245

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

B. BUILDINGS (CONTINUED) Boiler House - Dining Hall Greenhouse Group Callaway Apartments Group
Alumni Foundation Residence (President's Home) 131 Fifth Street, Rental** 737 Techwood Drive, Rental 885 Plum Street, Rental 846 Cherry Street, Rental 870 Cherry Street, Rental 719 Brittain Drive, N. W. * * 301 Home Park Avenue, N. W . * * 302 Home Park Avenue, N. W . * * 1051 (Plum Street) W estsh ire P la ce , N. W . * * 743 Techwood Drive, N. W. * * 785 Techwood Drive, N. W . * * 207 Tenth Street, N. W. * * 855 Plum Street, N. W . * * 865 Plum Street, N. W . * * 360 Tenth Street, N. W. * * 768 Atlantic Drive, N. W. * * 778 Atlantic Drive, N. W. * * 833 Atlantic Drive, N. W. * * 837 Atlantic Drive, N. W. * * 723 Brittain Drive, N. W. * * 267 Robin Hood Road, N. E. 295 Eighth Street, N. W. * * 885 State Street, N. W .* * 905 Plum Street, N. W. 850 Cherry Street, N. W. 295 Fifth Street, N. W. * * 311 Fifth Street, N. W.
294 Tenth Street (Miss Fay Sanner) 310 Tenth Street, N. W . * * 163 Third Street, N. W . * * 753 Hemphill Avenue, N. W . * * 757 Hemphill Avenue, N. W. * * 301 Tenth Street, N. W. * * 331 Fourth Street, N. W. * * Lawson Apartments Group
Southern Technical Institute (Marietta) W illeo Farm - Three Room House Willeo Farm - House Willeo Farm - House

$

1,000.00

1,000.00

1,332,595.05

102,791.55

45.00

18,375.00

4,324.25

4,386.98

4,164.03

10.00

10.00

10.00

10.00

10.00

10.00

10.00

50,000.00
4,442.28 4,587.25 1,000.00 8,125.76 4,500.00
10.00
10.00
459,428.00 19,863.20 4,500.00 If 500.00 1,500.00

:$ 1 , 0 4 5 . 5 6 4,340.72
10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
10.00 10.00 10.00 10.00 148,980.72

Original Purchase Cost Included Under Land

Deductions $
18,375.00 4,324.25 4,386.98 4,164.03 10.00 10.00 10.00 10.00 10.00 10.00
59,265.00

Investment End Of Year

$

2,045.56

1,000.00

1,336,935.77

102,791.55

45.00

10.00
10.00
10.00
10.00 10.00 10.00 10.00 10.00 10.00 50,000.00 10.00 10.00 4,442.28 4,587.25 1,000.00 8,125.76 4,500.00 10.00 10.00 10.00 10.00 10.00 10.00 400,163.00 168,843.92 4,500.00 1,500.00 1,500.00

246

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment
Beginning Of Year____________Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED) Willeo Farm - House W illeo Farm - Three Room House W illeo Farm - Barn W illeo Farm - Outhouse TOTAL BUILDINGS

$

1,500.00

2,250.00

900.00

150.00

$20,094,002.30

$ $3,305,038.02

$ $144,026.17

$

1,500.00

2,250.00

900.00

150.00

$23,255,014.15

C. IMPROVEMENTS OTHER THAN BUILDINGS

Electrical Dist. System

$ 305,463.10 $

Fences Gas Lines

7,650.53 1,726.32

Gates Grant Field Stadium

16,679.80 947,295.03

Landscaping Rose Bowl Stands

23,968.18 70,000.00

Sidewalks, Streets, Driveways, Grading and

Parking Areas Steam Dist. System

369,927.66 368,851.71

Steps, W alls and Racks

25,577.20

Tennis Courts

46,428.45

Water System

115,000.00

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS $" 2 , 2 9 8 , 5 6 7 . 9 8 $

$ 5,134.58
7,581.26 1,560.60
14,276.44 $

$ 305,463.10 12,785.11 1,726.32 16,679.80
947,295.03 31,549.44 70,000.00
371,488.26 368,851.71
25,577.20 46,428.45 115,000.00 $ 2,312,844.42

D. EQUIPMENT Aeronautical Engineering Air Force R. O. T. C. Alexander Memorial Department Alumni Association Applied Biology Architecture Army R. O. T. C. Bradley Dining Hall Brittain Dining Hall Ceramic Engineering Chemical Engineering Chemistry Civil Engineering College Inn Controller's Office Cooperative Division Dean of Engineering Dean of Faculties Dean of General College Dean of Students Drama Tech

$ 419,944.75 $ 4,416.15

9,281.59 $ 9,196.74 $ 420,029.60

480.30

4,896.45

1,204.13

202.92

1,407.05

40.00

40.00

26,915.07

1,584.38

1,141.10

27,358.35

67,995.22

5,669.13

167.54

73,496.81

13,965.28

291.77

687.25

13,569.80

69,232.63

6,811.61

3,694.00

72,350.24

83,490.05

5,230.00

3,936.10

84,783.95

74,661.55

7,177.19

2,306.33

79,532.41

203,755.28

24,110.67

2,935.83

224,930.12

317,600.06

26,250.48

6,565.43

337,285.11

179,901.24

33,683.34

2,681.22

210,903.36

110,604.46

11,303.89

7,241.52

114,666.83

58,367.81

33,792.19

6,104.84

86,055.16

4,763.04

181.13

327.63

4,616.54

8,801.94

361.10

1,677.50

7,485.54

3,728.99

311.37

4,040.36

3,257.00

510.00

2,747.00

13,088.58

1,182.43

762.00

13,509.01

1,109.51

1,109.51

247

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Electrical Engineering Engineering Drawing and Mechanics Engineering Experiment Station Engineering Extension Division Administrative Evening School Georgia Fire Institute Industrial Education Short Courses and Conferences English
Graduate Division Hospital Housing
Office Brown Dormitory Burge Apartments
Callaway Apartments Cloudman Dormitory G ir ls ' Dormitory Glenn Dormitory Harris Dormitory Harrison Dormitory Howell Dormitory Lawson Apartments Smith Dormitory Techwood Dormitory Towers Dormitory Industrial Engineering Industrial Management Mathematics Mechanical Engineering Modem Languages Music
Naval Science Physical Plant Physics President's House President's Office Price Gilbert Memorial Library Psychology Public Relations Registrar's Office Social Science Textile Engineering

Investment Beginning
Of Year

Additions

Investment End o f
Deductions_________ Year

$ 230,724.89 $ 76,477.26
1,085,885.94

14,969.48 3,390.69
389,552.00

$ 4,072.32 1,577.69
17,646.05

$ 241.622.05 78,290.26
1,457,791.89

22,246.05 13,643.76
3,262.36 15.651.44 27.153.75
5,675.50 28,704.26

748.53 1,289.67 5,442.29
394.67 3,325.21 2,070.40
97.61 11,318.96

8,882.40
460.00 3,816.35 3,612.90
434.00

748.53 14,653.32 19,086.05
3,197.03 15.160.30 25,611.25
5,773.11 39,589.22

1,757.58 18,101.00 38,966.50 122,311.00 23.317.44 3,764.69 64.863.00 23.599.96 22.362.44 16.703.44 39.516.75 57.438.00 76.058.96 69,042.63 61,367.88 26,606.32
22.013.95 430,351.70
6,849.24 13,152.03
9,440.40 147,395.80 305,047.32 38,783.15
8.198.95 1,090,783.43
35,247.18 9,561.28
20,327.81 13,957.41 418,617.13

3,196.60 16,025.76
2,675.95 4,580.75
747.23
21,117.05 14.444.09
2,975.80 6,706.35 1,825.30 1,154.87
551.11 12,385.84 20,859.59
9,311.21 2.443.09 18,277.67 4,394.51 3,556.50
85.40 23,438.96 27,209.14
5,166.92 607.98
82,704.31 2,206.25 2,131.29 4,543.89 5,054.27
16,452.00

659.00 9.901.00 2.422.00
755.75 602.00
17,158.13 7,411.50 690.00 2.918.01 3.749.00 590.00
26,859.87 1.780.01 4,539.73 5, 600.32
32,066.85 290.00
484.50 6,441.04 1,485.31
559.00 762.30 3.451.00 2.047.01 729.60 1,499.23 1,845.91 13,566.20

4,295.18 24,225.76 39.220.45 126,136.00 23,462.67 3,764.69 68,821.92 30,632.55 24,648.24 20,491.78 37.593.05 58,002.87 76.610.07 54,568.60 80.447.46 31,377.80 18,856.72 416,562.52 10,953.75 16,708.53 9.041.30 164,393.72 330,771.15 43.391.07 8,044.63 1,170,036.74 35,406.42 10,962.97 23.372.47 17,165.77 421,502.93

248

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Y. M. C . A. Southern Technical Institute Building Construction Business Office Chemistry and Physics Civil Technology Co-Op Dining Hall Director's Office Dormitories Drawing E lectrical, Electronics and Communications English Gas Fuel Technology General Institutional Expense Heating and Air Conditioning Industrial Technology Mathematics Mechanical Technology Placement Office Plant Operations Registrar's Office Textile Technology University System Building Authority Architecture Engineering Experiment Station English Industrial Management Mathematics Price Gilbert Memorial Library Psychology TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

12,815.89 $

1,503.99 $

4.00 $

14,315.88

6,352.10 3,009.25 20,833.37 31,048.72 1,182.13 16,845.58 1,803.50 28,475.35 5,021.00 74,394.68 1,876.11 4,699.79 7,035.22 17,859.91 6,021.61 1,303.68 82,212.07 1,500.85 32,093.22 4,660.70
297.35

534.21 119.00 2,020.68 7,234.61
1,736.30
236.85 146.53 6,253.48 395.00 321.50 934.87 182.84 235.80 270.00 3,994.95
2,415.30 18.00
327.00

62.25 19.25 144.00 264.85 266.80 25.00
20.00
198.00 2,546.48

6,886.31 3,066.00 22,834.80 38,139.33 1,182.13 18,317.03 1,803.50 28,445.40 5,167.53 80,623.16 2,271.11 5,021.29 7,950.09 18,042.75 6, 257.41 1,573.68 86,207.02 1,302.85 31,962.04 4,678.70
624.35

25,809.47 4,423.72
L2 8, 1 5 8 .3 0 $ 6,930,356.38

173.36
17,550.15 18,228.19 28,182.68
189.12 3,086.98 $1,014,775.58

26.80 3,973.20
$248,851.64

25,982.83 4,423.72
17,550.15 18,228.19 28,155.88 124,374.22
3,086.98 $ 7,696,280.32

$31,661,820.84 $4,609,656.43 $414,055.50 $35,857,421.77

249

GEORGIA INSTITUTE OF TECHNOLOGY
PROPERTY UNDER LEASE For Year Ended June 30, 1960
PEACHTREE-DEKALB AIRPORT (FORMERLY NAVAL BASE) Building #8 Building #9 Building #10A Building #11 Building #12 Building #13 Building #17-47 Building #19 Building #20 Building #23 (Auditorium) Building #24 Building #41 Gymnasium
TOTAL BUILDINGS UNDER LEASE

$ 150,000.00

198.000.

00

33.900.00

79.800.00

79.800.00

79.800.00
, 121 10 0 .0 0

171.000.

00

171.000.

00

176.376.00

135.500.00

150.000.

00

100. 000.

00

$1,646.276.00

250

Georgia State College of Business Administration
FINANCIAL REPORT
For the Year Ended June 30, I960

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION Atlanta, Georgia

Noah Langdale, Jr.
President

V. V. Lavroff
Comptroller

251

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
BALANCE SHEET June 30, 1960
ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable U. S. Government Bonds Advanced Deposit-- Supt. of Documents TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
C . AUXILIARY Cash in Bank U. S. Government Bonds Accounts Receivable Stores (Inventory) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank U. S. Government Bonds
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Cash in Bank U. S. Government Bonds

$ 132,282.98 1,473.86
448,030.00 ________ 1 6 4 .2 5
$ 581,951.09

$ 26,314.69 3,298.93

29,613.62

$ 47,578.15 250,000.00 11.40 40,358.71

337,948.26 $ 949,512.97

$ 5, 925.58 48,989.00

54,914.58

$ 76,587.10 150,000.00

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

226,587.10

$ 782,260.21 2,696,195.50 1,251,060.89

4,729,516.60

4,956,103.70

$5,960.531.25

252

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
BALANCE SHEET June 30, 1960
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
C. AUXILIARY Accounts Payable Reserve for Stores Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. PLANT FUNDS A. UNEXPENDED Purchase Orders Outstanding Contracts to be Negotiated Reserve for Purchase of Gilmer Street Building Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 5,222.33 14,713.34 72,884.00
489,131.42 $ 581,951.09

$ 29,613.62

29,613.62

$ 3,288.19 40,358.71
294,301.36

337,948.26 $ 949,512.97

$ 54,914.58

54,914.58

$

123.30

54,955.33

150,000.00

21,508.47

$ 226,587.10

$1,024,217.52 3,705,299.08

4,729,516.60 4,956,103.70
$5.960,531.25

253

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL A. STUDENT FEES
Non-Resident Tuition Matriculation Private Music Lessons Summer S e ssio n Other Student Fees
TOTAL STUDENT FEES
B. PUBLIC APPROPRIATION State of Georgia
C . GIFTS AND GRANTS INSURANCE AND REAL ESTATE Atlanta Real Estate Board Healey Realty Company Mas sell Foundation Retail Credit Company Southeastern Underwriters Association Southeastern Actuarial School Fund Atlanta Chapter, C. L. U. Atlanta Association of Independent Insurance Agents Atlanta Life Underwriters Association Atlanta Life Manager's Club Georgia Association of Independent Insurance Agents Georgia Life Companies Decatur Association of Life Underwriters Southern Casualty and Surety Association Tri-City Life Underwriters
MARKETING Atlanta Sales Executive Club Gulf Oil Corporation
TRANSPORTATION Southern Motor Carriers Rate Conference
RESEARCH Treasurer of U. S. - Transmission of Saurian Malaria State Highway Dept, of Ga. G a. By-Pass Study Treasury of U. S. - Linquatulid Infestation in Native Mammals and Reptiles Public Utility Benefit Study

General Income

Restricted Income

Total

$ 13,793.00 $ 418,634.31 6,463.00 71,727.73 5,572.42
$ 516,190.46 $
$1-, 7 8 8 , 0 5 0 . 0 0 $

$ 13,793.00 418,634.31 6,463.00 71,727.73 5,572.42
$ 516,190.46
$1-, 7 8 8 , 0 5 0 . 0 0

$

$ 1,000.00 $

1,000.00

100.00

100.00

3,000.00

3,000.00

1,000.00

1,000.00

2,000.00

2,000.00

12,350.00

12,350.00

150.00

150.00

2,000.00

2,000.00

400.00

400.00

250.00

250.00

750.00

750.00

3,000.00

3,000.00

50.00

50.00

500.00

500.00

100.00

100.00

2,000.00 1,000.00

2,000.00 1,000.00

250.00

250.00

174.03
233.95
236.99 620.45

1,559.65
2,004.01 4,136.34

174.03
1,793.60
2,241.00 4,756.79

254

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT INCOME (CONTINUED)

I. EDUCATIONAL AND GENERAL (CONTINUED) C . GIFTS AND GRANT (CONTINUED) RESEARCH (CONTINUED) Georgia Ports Authority Study Southern Association of Science and Industry
MATH-SCIENCE FUND Atlanta Newspapers, Inc. A. L. Feldman Charles Loridans Foundation, Inc. Lockheed Aircraft Corporation National Linen Service, Inc. Orkin Exterminating Company Rich's, Inc. H. S. Jacobs Southern Bell Telephone and Telegraph Company The Great A. and P. Tea Company F. W . Woolworth Company Colonial Stores Foundation Beck and Gregg Hardware Company Thomas F. Seitzinger's Sons Georgia Consumer Finance Association Georgia Power Company White Provision Company Sigmund Montag Foundation Atlanta Gas Light Company W . R. C. Smith Publishing Company Cohen and Kohler Mas sell Foundation, Inc.
OTHER GIFTS AND GRANTS B. F. Goodrich Fund, Inc. Plantation Pipe Line Company TOTAL GIFTS AND GRANTS
D. OTHER SOURCES Interest on Investments Library Fines Rents Compensation for Veterans Certification Other Miscellaneous Sources TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME

General Income

Restricted Income

Total

$

578.04 $ 3,282.96 $

3,861.00

2,499.12

2,499.12

400.00 250.00 400.00 400.00 200.00 400.00 400.00 100.00 400.00 100.00 200.00 400.00 150.00 100.00 500.00 400.00 100.00 100.00 100.00 200.00 200.00 200.00

400.00 250.00 400.00 400.00 200.00 400.00 400.00 100.00 400.00 100.00 200.00 400.00 150.00 100.00 500.00 400.00 100.00 100.00 100.00 200.00 200.00 200.00

22.00

22.00

500.00

500.00

$

1,865.46 $49,582.08 $ 51,447.54

$ 16,384.82 3,959.46 480.00 8,386.00 812.31
$ 30,022.59
$2,,3 3 6 ,1 2 8 .5 1

$
$ $49,582.08

$ 16,384.82 3,959.46 480.00 8,386.00 812.31
$ 30,022.59
$2, 3 8 5 ,7 1 0 .5 9

255

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT INCOME (CONTINUED)

EDUCATIONAL AND GENERAL (CONTINUED) NON-INCOME Repayment of Leave Grants Transfer from Auxiliary Funds TOTAL NON-INCOME
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
AUXILIARY ENTERPRISES BOOKSTORE Operations Interest on Investments
OFFICE BUILDING Rentals Interest on Investments
REFECTORY Operations
TOTAL AUXILIARY INCOME
NON-INCOME Bookstore Recovery of Checks Previously Written Off TOTAL NON-INCOME
TOTAL AUXILIARY RECEIPTS
STUDENT AID GIFTS AND GRANTS
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 1,950.00 20,000.00
$ 21,950.00
$2 ,3 5 8 , 0 7 8 . 5 1

$

$

1,950.00

20,000.00

$

$ 21,950.00

$ 4 9 ,5 8 2 .0 8 $2,,4 0 7 , 6 6 0 . 5 9

$ 81,912.89 $ 3,905.06
55,136.21 2,877.03
16,867.41 $ 160,698.60 $

$ 81,912.89 3,905.06
55,136.21 2,877.03
16,867.41 $ 160,698.60

$

32.27 $

$

32.27 $

$ 160,730.87 $

$

32.27

$

32.27

$ 160,730.87

$ $2, 496,827.11

$10,336.45 $59,918.53

$ 10,336.45 $2, 556,745.64

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Business Office Registrar Admissions TOTAL ADMINISTRATION
GENERAL EXPENSE Public Relations Alumni Faculty and Staff Benefits General Institutional TOTAL GENERAL
STUDENT WELFARE Dean of Students Testing and Counseling Placement Bureau TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Administrative Dean Dean of Arts and S cien ce s Art Biology Chemistry Education English Geography and Geology History Journalism Mathematics Modern Language Music Philosophy Physical Education Physics

Fund C la s s ific a tio n _____

General

Restricted

_________ O b je ct C la s s ific a tio n

Salaries

Operating

and Wages

Supplies and Expense

Equipment

$ 25,617.02 $ 62,341.35 66,755.04 33,527.72
$ 188,241.13 $

$ 22,297.18 58,732.64 52,166.77 31,070.36
$ 164,266.95

$ 3,252.65 2,429.39
12,605.48 903.72
$ 19,191.24

$

67.19

1,179.32

1,982.79

1,553.64

$ 4,782.94

$

9,048.60 $

4,087.71

70,040.60

21,928.15

$ 105,105.06 $

$

5,654.19 $ 3,394.41 $

3,449.94

637.77

9,454.80

60,585.80

21,650.02

$ 18,558.93 $ 86,268.00 $

278.13 278.13

$ 42,449.82 $ 23,997.96 8,333.05
$ 74,780.83 $
$ 237,019.94 $
$ 199,251.98 $

$ 40,035.92 19,876.62 7,963.27
$ 67,875.81
$ 143,882.57
$ 114,678.27

$ 1,444.56 2,930.96 361.90
$ 4,737.42
$ 91,820.68
$ 6,007.05

$ 969.34 1,190.38 7.88
$ 2,167.60
$ 1,316.69
$ 78,566.66

$ 13,406.18 $ 33,687.34

25,839.59

65,101.28

500.00

30,506.20

400.00

25,879.24

89,938.89

14,066.45

51,908.20

6,953.37

65,643.10

600.00

27,753.44

39,312.58

16,414.69

15,193.51 16,657.89

200.00

$ 12,010.04 $

820.79 $

575.35

28,339.79

4,821.98

525.57

23,142.14

1,378.76

1,318.69

54,395.79

5,172.18

6,033.31

24,876.07

3,242.68

2,787.45

23,909.49

401.32

1,568.43

89,240.11

530.44

168.34

13,150.22

432.34

483.89

51,187.17

400.35

320.68

6,919.40

33.97

66,091.20

151.90

27,633.23

120.21

38,045.73

927.03

339.82

16,199.88

114.81

100.00

12,819.78

2,359.78

13.95

11,584.96

354.47

4,918.46

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la ssifica tio n

General

Restricted

EDUCATIONAL AND GENERAL (CONT'D)

INSTRUCTION (CONT'D)

Political Science

$ 36,742.41

Psychology

32,818.94

R. O. T. C.

3,807.74

Sociology

28,397.49

Speech and E>rama

14,308.74

Dean of Business Administration

80,550.67

Accounting

59,518.13

Business Education

32,914.69

Economics, Finance, and

Statistics

74,577.94

Guidance

21,756.07

Insurance, Real Estate, and Law

73,306.36

Management

42,444.76

Marketing

25,986.16

Transportation and Public Utilities
Summer School TOTAL INSTRUCTION

9,788.62 146,186.43 $1, 221,367.10

$
26,550.00 2,884.50 250.00
$31,384.50

RESEARCH

Bureau of Business and Economic

Research

$

Transmission of Saurian Malaria

Georgia By-Pass Study

Linquatulid Infestation in Native

Mammals and Reptiles

Public Utility Benefit Study

Georgia Ports Authority Study

Southern Association of Science

and Industry

TOTAL RESEARCH

$

55,264.98

$ 1,351.73
1,500.00

1,579.93 6,987.27 3,282.96

1,598.32 55,264.98 $16,300.21

EXTENSION AND PUBLIC SERVICE

Institutes

$

Community Education

TOTAL EXTENSION AND PUBLIC

SERVICE

$

9,270.98 $ 472.43
9,743.41 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$2,090,774.43 $47,684.71

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 36,274.93 $

367.48 $

100.00

29,299.71

662.20

2,857.03

3,385.91

421.83

27,637.47

204.11

555.91

13,181.67

233.82

893.25

61,449.05

15,719.40

3,382.22

56,451.44

1,657.23

1,409.46

29,168.94

1,840.71

1,905.04

72,166.37 20,364.69 94,666.14 40,135.03 26,755.81

1,196.77 1,099.11 4,243.07
822.91 953.07

1,214.80 292.27 947.15
1,486.82 1,161.78

9,185.00 146,186.43 $1,, 1 6 5 ,8 5 3 .5 9

516.98 $ 51,201.70

336.64 $ 35,696.31

$ 42,602.81 $ 12,231.72 $

750.00

601.73

1,500.00

1,329.00 4,332.20 2,837.46

250.93 2,655.07
445.50

1,252.55

261.77

$ 54,604.02 $ 16,446.72 $

430.45
84.00 514.45

$

8,829.61 $

437.01 $

457.43

15.00

$

9,287.04 $

452.01 $

4.36 4.36

$1,739,007.18 $276,124.82 $123,327.14

258

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la ssific a tio n

General

Restricted

Object Classification

Salaries

Operating

and Wages

Supplies and Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONT'D)

NON-EXPENSE Transfpr to Plant Funds

$ 83,736.85 $

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$2,174,511.28 $47,684.71

B. AUXILIARY ENTERPRISES

Bookstore

$

Office Building

Refectory

TOTAL AUXILIARY EXPENDITURES $

67,634.45 $ 16,102.72 13,257.79
96,994.96 $

$

9,181.75 $ 58,452.70 $

3,814.10

12,288.62

1,346.31

11,911.48

$ 14,342.16 $ 82,652.80 $

NON-EXPENSE

Bookstore - Bad Checks Written

Off

$

20.00

Transfer to Plant Funds

25,000.00

Office Building

Transfer to Plant Funds

10,000.00

Transfer of Rents to Educational

and General

_____20, 0 0 0 .0 0

TOTAL NON-EXPENSE

$ 55,020.00

TOTAL AUXILIARY DISBURSEMENTS $ 1 5 2 , 0 1 4 . 9 6

C. STUDENT AID Fellowships Scholarships TOTAL STUDENT AID
TOTAL CURRENT EXPENDITURES

$ $ $2,187,769.39

$ 963.45 $

$ 963.45

8U/, 0U7/3V.3^11_________________ _________ 8 , 0 7 3 . 3 1

$ 9,036.76 $

$ 9,036.76

$56,721.47 $1.753,349.34 $367,814.38

$ $ $123,327.14

259

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

FUND A. EDUCATIONAL AND GENERAL
Insurance and Real Estate Marketing Transportation M a th -S cien ce Fund Research Projects
Transmission of Saurian Malaria Georgia By-Pass Study Linquatulid Infestation in Native Mammals and
Reptiles Public Utility Benefit Study Georgia Ports Authority Study Southern Association of Science and Industry Banking Finance Fund Library Fund
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID Sears, Roebuck and Company Roosevelt High School P. T. A. Atlanta Chapter, National Secretaries Association J . H. Smith Award Atlanta Federal Savings and Loan Association Franklin Overstreet and Company Transportation Club of Atlanta Pilot Freight Carriers, Inc. Acworth, Georgia P. T. A. Atlanta Service Warehouses Art F e stiv al of Atlanta, Inc. Civitan Club of Atlanta Order of Eastern Star W . A. T. L. Ja y ce e Janes (El Reno, O k la .) National Office Management Association Delta Kappa Gamma Harvard University Fellowship Georgia Volunteer Teacher Scholarship Plan Victory Motors Atlanta Women's Panhellanic Association Transfer from Georgia Institute of Technology Inter-City Civitan Club of Atlanta Jonesboro Women's Club

Balance July 1, 1959

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$ 925.00 15,325.00 1,983.63 (--) 5 0 7 .6 5
500.00 $18,225.98

$26,650.00 3,000.00 250.00 5,700.00
1,559.65
2,004.01 4,136.34 3,282.96 2,499.12
500.00
$49,582.08

$26,550.00 2,884.50 250.00 1,700.00
1,351.73 1,500.00
1,579.93 6,987.27 3,282.96 1,598.32
$47,684.71

$ 1,025.00 115.50
19,325.00
631.90 (-)448.00
424.08 (-)2, 850.93
900.80 500.00 500.00
$20,123.35

$ 1,553.09 6.50
280.37 192.62 666.62
.75 54.79 45.41 14.99 267.42
6.00 7.00 144.28 58.50 10.50 80.00
.71
44.00 353.10 186.40
1.50 6.00 21.00

$ 400.00 400.00 600.00
500.00
200.00
200.00 963.45 1,200.00 150.00

$ 618.80
266.87
509.65
9.79 384.00
36.82 156.00
5.15 142.41
158.47
963.45 1,048.00
188.20

$ 1,334.29 6.50
413.50 192.62 756.97
.75 45.00 161.41 14.99 230.60 50.00
1.85 1.87 58.50 10.50 121.53
.71
196.00 353.10 148.20
1.50 6.00 21.00

260

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Tuly 1, 1959

Receipts Disbursements

Balance

For Year

For Year

Tune 30, 1960

B. STUDENT AID (CONTINUED)

Sanders v ille , Georgia P. T. A.

$

Betty Crocker Search Scholarship

George Sparks Scholarship Fund

Phi Chi Theta Fraternity

National Beta Club

Frank H. Neely

Lithonia Lighting Products Company

Northwest Atlanta Civitan Club

Et. Barwick Foundation, Inc.

G en. Henry H. Arnold Educational Fund

Milledgeville Georgia Jaycees

Sylvester, Georgia High School

Rotory Club of Buckhead

Knights Templar Education Foundation

R. F . Willingham

First Presbyterian Club, Atlanta, Georgia Friendship C l a s s , Peachtree Road Methodist ChurchL

Winn-Dixie Stores Foundation

Marvin McDonald Scholarship Fund

Florence Noyes Scholarship Fund

Dougald Hudson Military Fund

58.00 30.00 98.00 150.00 113.64
146.00 294.46

TOTAL STUDENT AID TOTAL RESTRICTED FUNDS

$ 4,891.65 $23.117.63

$
150.00 331.00
52.00 200.00 600.00 500.00 575.00 200.00
50.00 382.00 1,750.00 400.00
24.00 24.00 125.00 360.00
$10,336.45
$59,918.53

$

58.00

30.00

98.00

150.00

331.00

132.00 381.55

575.00 117.60

181.00
1,; 750.00 355.00

20.00 125.00 120.00
25.00 100.00

$ 9,036.76 $56 .7 2 1 .4 7

$
150.00 113.64
52.00 68.00 218.45 500.00
82.40 50.00 201.00
45.00 24.00
4.00
240.00 121.00 194.46
$ 6,191.34
$26.314.69

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts

Disbursements

For Year__________For Year

Cash Balance June 30, 1960

CURRENT FUNDS General Auxiliary Enterprises

$ 396,745.75 288,862.24

$2,358,078.51 160,730.87

a Includes U. S . Government Bonds in the amount of $ 4 4 8 , 0 3 0 . 0 0 ^Includes u l S . Government Bonds in the amount of $ 2 5 0 , 0 0 0 . 0 0

$2,174,511.28 152,014.96

$ 580,312.98a 2 9 7 ,5 7 8 .15b

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

CURRENT FUNDS (CONTINUED) Restricted TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance July 1, 1959

Receipts For Year

Disbursements For Year

$ 23,117.63 $ 708,725.62
$ 366,970.95
$ 71,384.47
$1,, 1 4 7 ,0 8 1 .0 4

$ 59,918.53 $2,578,727.91
$ 143,736.85
$ 423,246.47
$3,145,711.23

$ 56,721.47 $2,383,247.71
$ 284,120.70
$ 439,716.36 $3,107,084.77

^Includes U. S . Government Bonds in the amount of $ 1 5 0 , 0 0 0 . 0 0 Includes U. S. Government Bonds of Student Promotion in the amount of $ 4 8 , 9 8 9 . 0 0

Cash Balance Tune 30 , 1960
$ 26,314.69 $ 904,205.82 $ 226,587.10 $ 54,914.58^ $11, 1 8 5 , 7 0 7 . 5 0

FULTON NATIONAL BANK Operating Account Student Promotion Office Building Account Florence Noyes Scholarship Fund Institutes' Meals Banking Finance Fund Georgia State College Foundation Loan Fund Hudson Military Scholarship Fund Alumni Reception Fund AACSB Function Fund
CITIZENS AND SOUTHERN NATIONAL BANK Bookstore Refectory
TRUST COMPANY OF GEORGIA Student Credit Union M a th -S cie n ce Fund
BANK OF GEORGIA Scholarship Accounts
TOTAL

BANK BALANCES

$209,168.43 2,354.21
11,147.21 121.00 447.47 500.00
2,352.15 194.46 37.60 60.17

$226,382.70

$ 6,210.10 30,220.84

36,430.94

$ 673.98 19,325.00

19,998.98

5,875.88 $288,688.50

262

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Student Credit Union Student Promotion R. O. T. C . Communication in lieu of Uniform Institutes' Meals Georgia State College Foundation lo a n Fund Alumni Reception Fund AACSB Function Fund Retirement Collections Withholding Tax Collections U. S. Savings Bonds Social Security Sales Tax
TOTALS

Cash Balance Tuly 1, 1959 $ 988.56
67,622.66 468.89
2,304.36
$71.384.47

Receipts For Year

$

71.05

57,960.74

8,449.45

2,695.59 75.00
500.00 74,399.32 242,025.45
356.25 34,010.68
2,702.94

$423,246.47

Disbursements For Year
$ 385.63 74,240.19 8,449.45 21.42 2,647.80 37.40 439.83 74,399.32
242,025.45 356.25
34,010.68 2,702.94
$439.716.36

Cash Balance June 30, 1960
$ 673.98 51,343.21 447.47 2,352.15 37.60 60.17
$54.914.58

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Fulton County Allotment Transferred from Educational and General Transferred from Bookstore Transferred from Office Building TOTAL ADDITIONS
BALANCE, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Improvements to Buildings 24 Ivy Street Building 33 Gilmer Street Building Land Chemistry, Physics, and Biology Labs

Funds for Plant
Additions
$366,970.95

$ 25,000.00 83,736.85 2 5 . 0 0 0 . 00 10. 0 0 0 . 00

143,736.85 $510,707.80

$8,303.57 6,476.77

$ 14,780.34 250,014.26 18,170.35

263

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Furniture and Fixtures - President's Home Fixtures - Warehouse and Maintenance TOTAL DEDUCTIONS
BALANCE, JUNE 3 0, 1960

Funds for Plant
Additions
$ 385.00 770.75 $284,120.70
$226,587.10

STATEMENT OF OPERATION OF PLANT FUNDS For Year Ended June 30, 1960

Balance July 1, 1959

Land Acquisition

$122,703.62

Gilmer Street Property

150,000.00

Improvements

13,806.42

Library and Admin. Bldg. - Furniture

and Fixtures

92.75

Departmental Equipment

36.51

Chemistry, Physics and Biology Labs 2 4 ,9 8 3 .5 0

Gymnasium - Auditorium

22,091.15

Furniture and Fixtures - President's

Home

2,192.79

Psychology Lab Construction

1,064.21

Warehouse and Maintenance

30,000.00

Modem Language Lab

Geography and Geology Lab

TOTALS

$366,970.95

Receipts $118,336.85
7,400.00 18,000.00 $143,736.85

Disbursements

Transfers

$250,014.26 $ 28,647.77

14,780.34

1,300.00

18,170.35

(--) 9 2 .7 5 (-) 3 6. 51 (-)6, 663.15 (--)2 2 , 0 9 1 .1 5

385.00 770.75

(-)l, 064.21

$284,120.70 $

Balance June 30, 1960 $ 19,673.98
150,000.00 326.08
150.00
1,807.79 29,229.25
7,400.00 18,000.00 $226,587.10

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1960
INVESTMENT IN PLANT, JULY 1, 1959 ADDITIONS
Expended from Plant Funds

$4,321,037.76 $284,120.70

264

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION SUMMARY OF INVESTMENT IN PLANT (CONTINUED)

ADDITIONS (CONTINUED) Expended from Educational and General Funds
- Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1960

$ 23 32? l4
/ 031 * 00 ----------

<. 4 gg 4 7 8 . 8 4 ---------- ~ ------ 1--
$4,729,516.60

1,024,217.52 $3.705.299.08

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

A. LAND Campus Off Campus Piedmont Avenue Property and Improvements TOTAL LAND
B. BUILDINGS Admin, and Classroom - 24 Ivy Street R. O. T. C . O ffice and Shops Armory DeKalb Extension Gilmer Street Building 16 Ivy Street Building President's Home TOTAL BUILDINGS
C . EQUIPMENT Gilmer Street Building (Building Authority) Gilmer Street Building Administrative Offices Auditorium Instructional Departments Library Physical Plant Cafeteria Extension and Public Service Institutes Research

Year Acquired

Investment Beginning
Of Year

Additions

Investment End Of Year

1945-55 1945-47 1956

$ 520,822.55 4,923.40
6,500.00 $ 532,245.95

$250,014.26 $250,014.26

$ 770,836.81 4,923.40
6,500.00
$ 782,260.21

1945 1951 1951 1942 1955 1955 1958

$ 589,910.73 14,050.70 16,642.72 4,350.00
1,940,764.52 41,597.26 73,068.23
$2,680,384.16

$ 8,303.57 7,507.77
$ 15,811.34

$ 598,214.30 14,050.70 16,642.72 4,350.00
1,948,272.29 41,597.26 73,068.23
$2,696,195.50

36,632.79 34,524.79 84,574.62 15,407.78 381,968.79 502,588.69 31,754.60 13,115.00
962.95 3,979.78

$ 7,228.67
53,866.66 78,566.66
1,316.69
4.36 514.45

$ 36,632.79 41,753.46 84,574.62 15,407.78
435,835.45 581,155.35
33,071.29 13,115.00
967.31 4,494.23

265

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

C . EQUIPMENT (CONTINUED) 16 Ivy Street Building President's Home - Furniture and Fixtures Warehouse and Maintenance TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning
Of Year

Additions

Investment End Of Year

$

312.86

2,585.00

$1, 108,407.65

$4,321,037.76

$ 385.00 770.75
$142,653.24
$408,478.84

$

312.86

2,970.00

770.75

$1,251,060.89

$4,729,516.60

266

Medical College of Georgia FINANCIAL REPORT
For the Year Ended June 30, I960

MEDICAL COLLEGE OF GEORGIA Augusta, Georgia

Harry B. O'Rear
President

Thomas N. Dwyer
Comptroller

267

.1

MEDICAL COLLEGE OF GEORGIA

BALANCE SHEET

June 30, 1960



ASSETS

I. CURRENT FUNDS

A. GENERAL

1. Instruction

1

Cash on Hand and in Bank

$ 249,349.13

2. Hospital

Cash on Hand and in Bank

$ 776,025.88

Accounts Receivable Stores

330,753.09 374,348.43

I

____________________ 1 , 4 8 1 , 1 2 7 .4 0



TOTAL GENERAL FUNDS

$ 1,730,476.53

B. RESTRICTED Cash on Hand and in Bank Temporary Investments Accounts Receivable TOTAL RESTRICTED FUNDS

$ 648,479.56 20, 000.00
_______ 7 , 8 4 0 . 8 5

676,320.41

C . AUXILIARY Cash on Hand and in Bank Temporary Investments Stores TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank Temporary Investments

$ 15,138.81

30,000.00

31,684.48

76,823.29

I
1

$ 2,483,620.23

$ 85,707.24 _______ 5 , 0 0 0 . 0 0

TOTAL AGENCY FUNDS

90,707.24

III. ENDOWMENT FUNDS

Cash on Hand and in Bank Investments

$

947.40

University System Building Authority Bonds

$

16,199.35

Real Estate

14,000.00

30,199.35

*

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash on Hand and in Bank Student Notes Receivable Investments - U. S. Securities
TOTAL STUDENT LOAN FUNDS

31,146.75

1
-1

$

3,806.43

|I

45,294.32

_______ 5 , 3 0 0 . 0 0

'i

54,400.75

a

1

11

,y

n

268

*

MEDICAL COLLEGE OF GEORGIA
BALANCE SHEET June 30, 1960
LIABILITIES

I . CURRENT FUNDS

A. GENERAL

1. Instruction

Reserve for Purchase Orders Outstanding $ 3 1 ,7 3 5 .7 7

Unappropriated Surplus

_____2 1 7 , 6 1 3 . 3 6 $

249,349.13

2. Hospital Reserve for Purchase Orders Outstanding $ Reserve for Accounts Receivable Reserve for Stores Unappropriated Surplus
TOTAL GENERAL FUNDS

19, 581.52 330,753.09
500,000.00 630,792.79

1,481,127.40 $ 1,730,476.53

B. RESTRICTED Fund Balance

$ 676,320.41

TOTAL RESTRICTED FUNDS
C . AUXILIARY Reserve for Stores Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

676,320.41

$ 31,684.48 45,138.81

76,823.29 $ 2,483,620.23

$ 90,707.24

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance

$ 31,146.75

90,707.24

TOTAL ENDOWMENT FUNDS IV. STUDENT LOAN FUNDS
Fund Balance
TOTAL STUDENT LOAN FUNDS

$ 54,400.75

31,146.75

54,400.75

269

MEDICAL COLLEGE OF GEORGIA
BALANCE SHEET June 30, 1960

ASSETS (CONTINUED)
V. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 69,031.08

$ 126,902.38 12,496,743.86 6,705.01 2,325,861.63

14,956,212.88

$15,025,243.96

$17,685,118.93

270

MEDICAL COLLEGE OF GEORGIA

BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)
V. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 69,031.08

B. EXPENDED Equity of University System Building Authority Equity of State Hospital Authority Net Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 768,676.49 7,655,000.00 6,532,536.39
14,956,212.88
$15,025,243.96
$17,685,118.93

271

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL I . INSTRUCTION AND RESEARCH STUDENT FEES Matriculation - Medical Students Matriculation - Student Nurses Matriculation - Reg. Nurses (Stud.) Matriculation - Medical Illustration TOTAL STUDENT FEES
MISCELLANEOUS INCOME Grant Overhead City of Augusta Other Sources TOTAL MISCELLANEOUS INCOME
PUBLIC APPROPRIATIONS State of Georgia - Medicine State of Georgia - Nursing TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT W . J . Young
GIFTS AND GRANTS National Aid for M edical Education
SALES AND SERVICES Professional Fees Research Services - Endocrinology Research Sales - Phy. and Pharmacology TOTAL SALES AND SERVICES
TOTAL INSTRUCTION AND RESEARCH INCOME
TRANSFER FROM: Restricted Funds
TOTAL RECEIPTS FOR INSTRUCTION AND RESEARCH
II. HOSPITAL PUBLIC APPROPRIATIONS State of Georgia
SALES AND SERVICES Laundry

General Income

Restricted Income

Total

$ 141,543.14 $

10,172.35

3,156.90

2,310.01

$ 157,182.40

$

$ 141,543.14 10,172.35 3,156.90 2,310.01
$ 157,182.40

$ 27,810.50

$

5,000.00

2,222.06

$ 35,032.56

$

$ 27,810.50 5,000.00 2,222.06
$ 35,032.56

$ 999,000.00

$

91,000.00

$1,,0 9 0 , 0 0 0 . 0 0

$

$ 999,000.00 91,000.00
$1,090,000.00

$

$ 3,461.90 $ 3,461.90

$ 48,863.50

$747,112.96

$ 795,976.46

$
$ $1,,3 3 1 ,0 7 8 .4 6

$ 70,000.00 15,342.85 25.00
$ 85,367.85
$835,942.71

$ 70,000.00 15,342.85 25.00
$ 85,367.85
$2,167,021.17

10,000.00 $1,,3 4 1 ,0 7 8 .4 6

$835,942.71

10,000.00 $2,177,021.17

$3, 000,000.00 $

$

4,341.06

$

$3,000,000.00 $ 4,341.06

272

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) II. HOSPITAL (CONTINUED) SALES AND SERVICES (CONTINUED) Cafeteria Rentals TOTAL SALES AND SERVICES
OTHER SOURCES Patient Fees University Hospital Macon City Hospital Miscellaneous Hospital Overhead TOTAL OTHER SOURCES
TOTAL HOSPITAL INCOME
TRANSFER FROM: Plant Funds Auxiliary Enterprises
TOTAL HOSPITAL RECEIPTS
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES Bookstore Snack Bar - Hospital Residences I and II Brace Shop
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 54,914.00

$

600.00

$ 59,855.06

$

$ 54,914.00 600.00
$ 59,855.06

$ 545,885.25

$

54,750.00

9,583.32

4,563.41

36,721.17

$ 651,503.15

$

$3,711,358.21

$

$ 545,885.25 54,750.00 9,583.32 4,563.41 36,721.17
$ 651,503.15
$3,711,358.21

200,000.00 14,988.00
$3,926,346.21
$5,042,436.67

$ $835,942.71

200,000.00 14,988.00
$3,, 9 2 6 ,3 4 6 .2 1
$5,878,379.38

$ 48,144.76 92,835.52 57,524.17 9,412.81
$ 207,917.26
$5.250,353.93

$
$ $835,942.71

$ 48,144.76 92,835.52 57,524.17 9,412.81
$ 207,917.26
$6,086,296.64

273

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

_________________ ________________ _________ O bject C lassification ___________

Salaries

Operating

Fund C la s s ific a tio n

and

Supplies and

General

Restricted

Wages

Expense

Equipment

A. EDUCATIONAL AND GENERAL

I . INSTRUCTION AND RESEARCH

ADMINISTRATION

President's Office

$

Comptroller's Office

Personnel

Purchasing

Registrar

Admissions

TOTAL ADMINISTRATION $

19,686.05 $ 32,215.63
4,533.35 5,907.17 10,108.68 7,413.28 79,864.16 $

$ 16,087.65 $ 23,977.69 4,482.59 5,661.85 9,515.57 7,275.04
$ 67,000.39 $

GENERAL EXPENSE

Continuing Education

$ 17,824.15 $

Faculty and Staff Benefits

50,427.66

General Inst. Expense

43,605.64

TOTAL GENERAL EXPENSE $ 1 1 1 , 8 5 7 . 4 5 $

$ 13,848.45 $ 11,690.04 19,227.75
$ 44,766.24 $

STUDENT WELFARE

$ 2,147.59 $

$ 2,055.44 $

LIBRARY

$ 35,711.03 $ 3,000.00 $ 15,505.69 $

PLANT OPERATIONS AND MAINTENANCE

$ 75,219.97 $

$ 30,947.94 $

INSTRUCTION Dean of Faculties Gross Anatomy Micro-Anatomy Biochemistry Physiology Pathology Medical Microbiology Medicine Psychiatry and Neurology Pediatrics Surgery Ob. and Gynecology Endocrinology Medical Illustration Anesthesiology Radiology Pharmacology Nursing Education

$ 12,054.48 $ 25,589.55 30,173.53 76,152.07 57,069.17
131,876.41 60,961.87 86,844.56 34,959.30 37,852.35
150,200.01 24,175.79 20,520.34 30,720.33 34,623.41 27,940.26 49,384.50 93,652.65

$ 11,004.18 $ 22,461.16 28,838.23 61,575.31 49,710.87
119,963.65 50,174.36
79,314.16 31,716.68 34,315.87 128,067.96 22,211.28 14,881.07 25,144.45 33,420.02 25,281.60 35,057.01 83,789.51

3,401.32 $ 7,583.88
50.76 245.32 470.61 138.24 11,890.13 $

197.08 654.06
122.50 973.64

1,344.46 $ 38,737.62 18,118.36 58,200.44 $

2,, 6 3 1 .2 4
6,,2 5 9 .5 3 8,,8 9 0 .7 7

92.15 $

10,462.79 $ 12, 742.55

43,629.36 $

642.67

860.85 2,921.27 1,335.30 8,582.13 2,870.30 6,908.38 3,886.65 3,262.09 1,342.62 2,564.48 18,009.41 1,964.51 2,263.01
398.42 1,178.40 1,931.26 3,072.06 9,581.74

$

189.45

207.12

5,994.63 4,488.00 5,004.38 6,900.86 4,268.31 1,900.00
972.00 4,122.64

3,376.26 5,177.46
24.99 727.40 11,255.43 281.40

274

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

________________________ O bject C la s s ifica tio n ____________

Salaries

Operating

Fund C la s s ifica tio n _____

and

Supplies and

General_______ Restricted_______Wages__________ Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED) I. INSTRUCTION AND RESEARCH (CONTINUED) INSTRUCTION (CONTINUED) E. E. G. Social Service Physical Medicine Out-Patient Services Respiratory Center TOTAL INSTRUCTION
RESEARCH
TOTAL INSTRUCTION AND RESEARCH EXPENDITURES
TRANSFERS TO: General Funds Plant Funds

$ 5,500.41 $ 2,054.69 6,169.89
24,413.91 2,749.04
$1,025,638.52 $

$

5,500.41 $

1,999.57

6 . 0 0 0 . 44

24,413.91

2 .0 0 0 . 48

$ 896,842.18 $

$ 55.12 81.25

88.20

748.56 73,817.81 $ 54,978.53

$

$774,913.82 $ 493,799.92 $ 209,903.75 $ 71,210.15

$1,330,438.72 $777,913.82 $1,550,917.80 $ 407,996.43 $149,438.31

7,150.00

10,000.00

TOTAL INSTRUCTION AND RESEARCH DISBURSEMENTS

$1,337,588.72 $787,913.82

II. HOSPITAL

ADMINISTRATION AND GENERAL

Administration

$ 52,846.64 $

Comptroller's Office

50.717.53

Personnel

9,255.69

Purchasing

33.859.53

Medical Records

37,468.84

TOTAL ADMINISTRATION

AND GENERAL

$ 184,148.23 $

GEN. INST. EXPENSE

$ 217,102.93 $

EMPLOYEE WELFARE

$

5,079.52 $

$ 50,560.26 $

2,286.38 $

36,535.64

14,181.89

8,874.72

380.97

32,729.21

1,130.32

35,488.89'

1,979.95

$ 164,188.72 $ 19,959.51 $

$ 18,318.66 $ 155,695.19 $ 43,089.08

$

5,079.52 $

$

PLANT OPERATIONS AND MAINTENANCE

$ 242,782.40 $

$ 68,191.76 $ 174,590.64 $

PATIENT CARE

Dean of Faculties

$ 7,922.23 $

$ 7,922.23 $

$

Physiology

1,999.61

1,999.61

275

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) II. HOSPITAL (CONTINUED) PATIENT CARE (CONTINUED) Pathology Medicine Psychiatry Pediatrics Surgery Ob. and Gynecology Endocrinology Medical Illustration Anesthesiology Radiology Pharmacy Nursing Service Social Service Physical Medicine Operating Room Respiratory Center TOTAL PATIENT CARE
SERVICES Central Supply Housekeeping Dietary Laundry Out-Patient TOTAL SERVICES
STORES (NET)
TOTAL HOSPITAL EXPENDITURES
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES Bookstore Snack Bar Residence I Residence II Brace Shop
TOTAL AUXILIARY ENTERPRISES

__________________________________________ O bject C la ssifica tio n ___________

Salaries

Operating

Fund C la s s ific a tio n _____

and

Supplies and

G e n e r a l _______R e s t r i c t e d

Wages

Expense

Equipment

$ 201,510.93 $ 123,267.49 106,285.21 46,671.93 277,925.44 53,030.96 11,593.66 499.60 99,678.44 146,301.43 170,006.22 896,690.20 9,229.43 34,690.00 157,926.08 5,954.83
$2,351,183.69 $

$ 155,366.96 $ 46,096.41 $

114,178.26

9,089.23

101,286.31

4,958.90

45,768.39

903.54

271,299.66

6,625.78

52,293.67

737.29

10,094.93

1,498.73

499.60

85,710.08

13,926.90

95,500.10

50,801.33

17,802.02

152,204.20

848,534.92

48,155.28

8,592.86

636.57

33,601.96

1,088.04

116,928.39

40,997.69

5,660.09

294.74

$1-,9 7 3 , 0 4 0 . 0 4 $ 3 7 8 ,0 1 4 .6 3 $

47.56 40.00 41.46
129.02

$ 121,037.71 $ 115,363.21 346,263.50 56,363.23 29,046.44
$ 668,074.09 $
$ (-)21,508.94 $
$3,646,861.92 $

$ 59,086.15 $ 61,951.56 $

96,522.94

18,840.27

189,405.75

156,857.75

47,086.02

9, 256.73

27,077.55

1,968.89

$ 419,178.41 $ 248,875.20 $

20.48 20.48

$

$ (--) 2 1 , 5 0 8 . 9 4 $

$2, 647,997.11 $ 955,62 6 .2 3 $ 4 3 ,2 3 8 .5 8

$ 4 ,9 7 7 ,3 0 0 .6 4 $ 7 7 7 ,9 1 3 .8 2 $4, 1 9 8 ,9 1 4 .9 1 $1,, 3 6 3 ,6 2 2 .6 6 $ 1 9 2 ,6 7 6 .8 9

$ 50,873.85 $ 73,655.40 21,219.72 13,968.81 13,851.65
$ 173,569.43 $

$

4,287.47 $ 46,554.57 $

31.81

20,258.42

51,981.98

1,415.00

12,778.63

8,419.51

21.58

5,997.99

7,625.63

345.19

5,547.26

7,589.03

715.36

$ 48,869.77 $ 122,170.72 $ 2,528.94

276


! H T 1 m I y 1 i 1 II A9Si
f .9 P

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la s s ifica tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Eguipment

B. AUXILIARY ENTERPRISES (CONTINUED)

TRANSFERS TO:

Plant Funds

$

Hospital Funds

10,680.00 14,988.00

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$ 199,237.43

TOTAL CURRENT EXPENDITURES

$5,150,870.07 $777,913.82 $4,247,784.68 $1,485,793.38 $195,205.83

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

Amer. Cancer S o c. - Wammock Amer. Cancer S o c. - Wammock Amer. Cancer S o c. - Wammock Amer. Heart A ssoc. (Phys.) Amer. Med. A ssoc. (Med. M icro.) Amer. Med. A sso c. (Med. M icro.) Army Orbital Implant Electroencephalographic Clinic Evap. Milk Research (Med. Micro.) Fellowships - Lederele and Amer. Tobacco Gen. Elec. Stock - Interest G a. Heart - Aortic Valver Ga. Heart - Fellowships Ga. Heart - Findley G a . Heart - Harms G a. Heart - Harms Ga. Heart - Kidney G a. Heart - Thornton Ga. Heart - Waugh Hoffman - LaRoche, Inc. Knights Temp. Eye Found., Inc. Life Insurance Med. College of Ga. Found. - Fellowships D. F. Mullins - Library

Balance July 1, 1959
$ 224.15
9,085.64 4,405.84
128.04 500.00 135.05 1,089.70 H 400.00 1,451.09
3.50 (--) 6 1 .2 1 1,560.98
111.44 (-)36.00 3,136.30
471.50 3,805.92 1,187.41 ( - ) 4 5 .84
300.00

Receipts For Year
$ 4,897.12
104.00
1,500.00 2,019.52
14.00 7,500.00
500.00 15,000.00
2,884.70 36.00
3,600.00 5,000.00
8,000.00 4,800.00

Disbursements

Balance

For Year June 30, 1960

$ 6,893.31 224.15
9,189.64
76.44 135.05
947.02 2,370.61
7,081.28 924.90
15,000.00 2,989.26

$(-)l, 996.19
4,405.84 128.04 423.56
1,089.70 152.98
1,100.00 17.50
357.51 1,136.08
6.88

3,599.64 2,107.49
3,156.12 6,437.63 4,800.00
300.00

3,136.30 .36
2,892.51 471.50 649.80
2,749.78 W 45.84

277

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

National Found. - Med. Educ. National Found. - Med. Educ. (Dr. Rice) Newnan - Coweta County Pfizer - Clark Polio - N. F. I. P, Psychiatric Treatment Research Grants - Endocrinology Research Reserve Research Sales Research Services - Endocrinology Research Special Sharp and Dohme Smith - Kline and French UCP - R - 116j - F58 U. S . A. E. C . - Hamilton U. S . A. E. C . - Singal U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S . P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S . P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S . P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Biochemistry U. S. P. H. S. - Endocrinology U. S. P. H. S. - Endocrinology U. S. P. H. S. - Fellowships U. S. P. H. S. - Fellowships - Dr. Rice U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology

Balance July 1. 1959
$115,024.00
1,000.00 3,184.94 16,150.58 10,000.00 30,334.13 2,065.44 1,330.75 6,486.81 4,013.16
604.38 450.00 139.56 4,184.25 (--) 3 3 0 .8 9 3,194.90 5,051.65
783.67
(--) 6 0 8 .0 5 2,047.11 (-) 1 ,0 3 4 .9 0 (-)116.24
549.76 (-)3 2 7 .26 3,076.81 4,424.33 2,767.00
(--) 3 2 6 .8 2 563.70
3,200.00
2,036.82 5,320.59 6,186.98 6,775.82 (-)4, 739.75 (- )l, 484.14 (-)l, 629.30
1,998.80

Receipts For Year
$ 2,000.00
50,460.00 10,000.00 45,233.57
25.00 15,342.85
3,825.00
330.89 3,318.25
7,700.00
7,506.76 9,289.25
608.05
1,034.90 116.34
8,812.86 177.98
44.17
4,550.00 3,217.00 9,500.00
326.82
4,800.00 10,236.21
141.39 977.60 10,532.17 1,484.14 1,629.30 5,000.00

Disbursements

Balance

For Year Tune 30, 1960

$ 4,500.00
54,089.81 16,666.60 29,189.33
1,678.92 498.28
10,000.00 4,013.16
4,285.88 4,184.25

$110,524.00 2,000.00 1,000.00 3,184.94
12,520.77 3,333.40
46,378.37 386.52 857.47
11,829.66
604.38 450.00 (--) 3 2 1 .3 2

6,513.15 4,973.15 2,281.61
778.01 5,224.42 2,798.11

78.50 5,418.39
5.66 2,282.34 6,491.14

2,047.11

.10 8,205.27 (-) 149.28 3,076.81 4,718.91 2,767.00 5,998.73
34.55 5,831.46

1,157.35
(-)250.41
(-) 1 ,4 4 8 .7 3 3,182.45 3,668.54

563.70 3,200.00 1,400.00 6,202.86 5,320.59 6,348.77 6,350.71 6,771.52

3,400.00 6,070.17
(-)20.40 1,402.71 (--) 9 7 9 .1 0

3,920.56 1,998.80

1,079.44

278

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

U. S . P. H. S. - Med. Microbiology U. S. P. H. S. - Med. Microbiology 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. - Medicine 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. - Medicine 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. - Medicine U. S. P. H. S. - Medicine U. S. P. H. S. - Medicine U. S. P. H. S. - Medicine U. S . P. H. S. - M icro. Anatomy U. S . P. H. S. - M icro. Anatomy U. S . P. H. S. - M icro. Anatomy U. S. P. H. S . - Micro. Anatomy U. S . P. H. S. - M icro. Anatomy U. S . P. H. S. - Nursing Tr. U. S. P. H. S. - Nursing Tr. U. S. P. H. S. - Nursing Tr. U. S . P. H. S. - Nursing Tr. U. S . P. H. S . - Nursing Tr. U. S. P. H. S. - Oncology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S . P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S. P. H. S. - Pathology U. S . P. H. S. - Pharmacology U. S. P. H. S. - Pharmacology U. S. P. H. S. - Pharmacology U. S. P. H. S. - Physiology U. S. P. H. S. - Physiology U. S. P. H. S. - Physiology
U. S. P. H. S. - Surgery

Balance July 1, 1959
$ 2,626.57 9,583.64 1,874.04
(--) 2, 1 0 3 .7 9
890.28 289.56 (--) 8 6 3 .9 6 3,829.33 5,767.24 1,222.00 14,438.06 3,781.62 9,744.44 5,999.61
3,418.13 112.70
(->257.79 8,105.34 1,730.01
55.30 11,108.58
4,035.46 7,560.00 (-)1 ,174.45
596.02 3,240.49 (--) 5 1 7 .1 7 11,611.26 7,504.70 1,211.24 H 1-49 40 6,553.70
12,698.49 22,622.78
(-) 3 .5 0 4,918.45

Receipts For Year
$
21,760.00 13,250.00 23,148.00
2,103.79 11,015.85
7,000.00
863.96
5,000.00
12.66
6,184.00 5,800.00 (--) 3 , 3 0 0 . 0 0
12,150.43 257.79
2,365.31 49,435.00
3,900.00
1,174.45 6,600.00 22,190.00
28.06 10,484.00
149.40
5,050.00 26,610.00 32,568.06
3.50

Disbursements

Balance

For Year June 30, 1960

$ 2,626.57 9,583.64 1,874.04
10,226.45 992.17
18,475.04

$
11,533.55 12,257.83
4,672.96

4,699.84 4,216.60
258.95 890.28 289.56
3,425.92 30.92
14,433.29 3,794.28 9,744.44
12,116.93 3,420.66 118.13 112.70 3,594.99

6,316.01 2,783.40
631.33 H 600.72 (--) 2 8 9 . 5 6 3,829.33 7,341.32 1,191.08
4.77
66.68 2,379.34
8,555.44

8,105.34 1,730.01
55.30 13,482.77 49,389.07
3,900.00 4,035.46 4,331.66

H 8.88 45.93
3,228.34

616.06 15,048.92
596.02 3,268.55 7,67,0.82 11,611.26 7,504.70 1,211.24

5,983.94 7,141.08
2,296.01

6,553.70 6,331.53 16,712.90 45,588.20

(-) 1 ,2 8 1 .5 3 22,595.59 9,602.64

4,918.45

279

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

U. S. P. H. S. - Physiology U. S. P. H. S. - Physiology U. S. P. H. S. - Physiology U. S . P. H. S. - Physiology U. S. P. H. S. - Psychiatry and Neuro. U. S . P. H. S. - Psychiatry and Neuro. U. S. P. H. S. - Psychiatry and Neuro. U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. S. P. H. S. - Surgery U. Si P. H. S. - Surgery U. S. P. H. S. - Surgery Vocational Rehabiliation Williams - Waterman Wyzth Lab. W . J . Young Grant Overhead Professional Research Fund To adju st to General Ledger
TOTAL RESTRICTED FUNDS

Balance July 1. 1959

Receipts For Year

$ 11,768.38 5,021.46
3,218.90 9,019.10 4,494.33 9,068.69
(-)24.09 185.40
(-) 566.44
3,484.00 429.93
2,306.81
5,442.48 186.28 225.96
4,157.36 86,354.11 54,180.42
36.51

$
21,297.00 5,250.00
28,549.00
11,575.00 299.00
25,000.00 17,200.00
4,600.00 24.09
566.14 7,585.98
79.03 9.19
12,559.95 23,150.00
8,548.76
2,107.00
3,461.90 54,200.57 70,000.00

$620,450.67

$835,942.71

Disbursements

Balance

For Year

June 30, 1960

$ 11,768.38 5,021.46
13,058.77 4,732.26
15,480.35 3,218.90 9,019.10
16,120.68 9,509.99
12,462.59 2,107.70 1,078.33

$
8,238.23 517.74
13,068.65
(-) 5 1 .3 5 (-)142.30 12,537.41 15,092.30 3,521.67

185.40 (-). 30 6,420.03 3,563.03 439.12 2,491.81 9,603.48 5,935.61 2,209.37 5,595.80 2,359.48
3,000.00 4,604.23 29,836.10
36.51

1,165.95
(--) 1 8 5 .0 0 2,956.47 17,214.39 6,339.39 (-)l 53.32 ( - ) 6 6 . 20
225.96 4,619.26 135,950.45 94,344.32

$787,913.82

$668,479.56

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960

BALANCE OF PRINCIPAL, JULY 1, 1959

Endowment Funds
$29,221.55

Loan Funds
$49,179.89

280

MEDICAL COLLEGE OF GEORGIA STATEMENT OF TRUST FUND BALANCES (CONTINUED)
ADDITIONS Income on Investments Interest on Student Loans TOTAL ADDITIONS
DEDUCTIONS Expenses of Trust Transfer to Restricted Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, JUNE 3 0 , 1960

Endowment Funds

Loan Funds

$ 5,418.63 $ 5,418.63

$ 5,220.86
$ 5,220.86

$ 31.53 3,461.90
$ 3,493.43
$31,146.75

$ $ $54,400.75

ENDOWMENT FUNDS W . J. Young Fund
LOAN FUNDS E. E. Murphey Student Loan Fund W . K. Kellogg Pendergrass Memorial DeLeon Laboratories Phi Rho Sigma Ben Bussey Loan Fund Georgia Pediatrics
TOTAL LOAN FUNDS

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1960

Fund Balance July 1, 1959

Additions

Fund Balance Deductions June 30, 1960

$29,221.55

$5,418.63

$3,493.43

$31,146.75

$ 9,214.47 17,284.93 20,787.56 800.00 1,015.93 52.00 25.00
$49f 179.89

$ 499.69 $ 1,140.62 868.10
14.44 183.01
15.00 2,500.00
$5,220.86 $

$ 9,714.16 18,425.55 21,655.66 800.00 1,030.37 235.01 40.00 2,500.00
$54,400.75

281

CURRENT FUNDS General Hospital Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Student Loans TOTAL TRUST FUNDS
PLANT FUNDS College Hospital TOTAL PLANT FUNDS
TOTALS
Student Breakage Deposits Student Deposits Student Health Student Activities Aeseulapian Cadaver Student Nurse Deposits Student Nurse Health Student Nurse Activities Student Nurse Lab. Fees Student Nurse Recreation Sales Tax Withholding

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance June 30, 1960

$ 245,859.39 496,541.59 620,450.67 36,458.98
$li,399,310.63
$ 75,175.49

$1,,3 4 1 ,0 7 8 .4 6 3,,9 2 6 ,3 4 6 .2 1 835,942.71 207,917.26
$6,,3 1 1 ,2 8 4 .6 4
$ 37,214.13

$1,337,588.72 3,646,861.92 787,913.82 199,237.43
$5 , 9 7 1 , 6 0 1 . 8 9
$ 21,682.38

$ 249,349.13 776,025.88 668,479.56 45,138.81
$1,,7 3 8 ,9 9 3 .3 8
$ 90,707.24

$

2,132.16 $

7,121.67 $

8,306.43 $

947.40

3,357.87

17,604.87

17,156.31

3,806.43

$

5,490.03 $ 24,726.54 $ 25,462.74 $

4,753.83

$ 20,979.11 213,117.00
$ 234,096.11
$1,,7 1 4 ,0 7 2 .2 6

$ 36,613.57 593,774.00
$ 630,387.57
$7,,0 0 3 ,6 1 2 .8 8

$ 11,841.60 783,611.00
$ 795,452.60
$6 ,8 1 4 ,1 9 9 .6 1

$ 19,037.51 49,993.57
$ 69,031.08
$ ! (, 9 0 3 , 4 8 5 . 5 3

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance Tuly i . 1959

Receipts For Year

$ 1,365.08 2,550.00 7,262.04 1,002.83 (--) 2 0 4 .8 1 69.18
729.45 (--) 2 4 7 .8 8
20.00
173.53 60,913.52

$ 1,102.82 125.00
15,507.97 4,905.57 5,023.11 912.61 25.00 667.80 935.35 H 20.00 2,500.00 5,528.90

Disbursements Cash Balance

For Year

June 30, 1960

$ 943.25
17,387.86 4,961.75 3,782.45 1,021.05
1,292.85 840.94

$ 1,524.65 2,675.00 5,382.15 946.65 1,035.85 (-)39. 26 25.00 104.40 R 1 5 3 .4 7

784.40 5,393.11 (-)14, 750.83

1,715.60 309.32
75,664.35

282

MEDICAL COLLEGE OF GEORGIA STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Over and Short Patient Deposits
TOTAL AGENCY FUNDS

Cash Balance July 1, 1959

Receipts For Year

$ 25.55 $ 1,517.00

$75,175.49 $37,214.13

Disbursements Cash Balance

For Year

June 30, 1960

$

25.55

$ 1,517.00

$21,682.38

$90,707.24

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960
BALANCE, JULY 1, 1959
ADDITIONS U. S . P. H. S. - Building Authority Project H -l Sale of Buildings - Van Pelt Wilhenford Investment Earnings Transfer from Auxiliary Funds Transfer from Surplus TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Buildings and Additions U. S. P. H. S. - Building Authority Project H -l Dugas - Auditorium Dugas - Murphey - U tilities Survey Transfer to Hospital Income TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1960

$234,096.11

$585,694.00 750.00
26,113.57 10,680.00
7,150.00

630,387.57 $864,483.68

$583,611.00 9,264.10 2,577.50
200,000.00

795,452.60 $ 69,031.08

283

MEDICAL COLLEGE OF GEORGIA
SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended from Plant Funds Expended by University System Building Authority Adjustments for Prior Years TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Building Razed Adjustments for Prior Years TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0, 1960
DEDUCT Equity of University System Building Authority Equity of State Hospital Authority
NET INVESTMENT IN PLANT, JUNE 30, 1960

$14,334,935.90

$ 192,676.89 2,528.94
583,611.00 217,453.60
8,179.12

1,004,449.55

$15,339,385.45

$ 190,000.00 193,172.57

383,172.57

$14,956,212.88

$ 768,676.49 7,655,000.00

8,423,676.49 $ 6,532,536.39

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

A. LAND
B. BUILDINGS - COLLEGE Administration Bldg. (Bldg. Auth.) Dugas Building Murphey Building Wilhenford Building Dugas Building (Bldg. Auth.) Murphey Building (Bldg. Auth.) Van Pelt House Storage House TOTAL BUILDINGS - COLLEGE

Investment Beginning
Of Year
$ 126,902.38

Additions $

$ 568,473.49 $ 213,116.31 145,468.27 150,000.00 273,076.59 273,076.60 40,000.00 2,268.00
$ 1,665,479.26 $

Deductions $

Investment End Of Year
$ 126,902.38

$ 150,000.00 40,000.00
$190,000.00

$ 568,473.49 213,116.31 145,468.27
273,076.59 273,076.60
2,268.00 $ 1,475,479.26

284

MEDICAL COLLEGE OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

B. BUILDINGS (CONTINUED) BUILDINGS - HOSPITAL Alcoholics Internes Educational and Warehouse White Nurses #1 White Nurses #2 Main Building Research Wing TOTAL BUILDINGS - HOSPITAL

$ 118,750.00 500,000.00 444,500.00 369,250.00 259,000.00
8,528,700.00
$10,220,200.00

TOTAL BUILDINGS

$11,885,679.26

C. IMPROVEMENTS OTHER THAN BUILDINGS $

6,705.01

D. EQUIPMENT - COLLEGE Administration Offices Administration Offices (Bldg. Auth.) Physical Plant Library Instructional Departments Instructional Departments (Bldg. Auth.) Bookstore TOTAL EQUIPMENT - COLLEGE

$ 19,953.66 26,283.98 6,845.74
180,648.06 508,843.61
16,578.54
$ 759,153.59

EQUIPMENT - HOSPITAL Alcoholics Internes Educational and Warehouse White Nurses #1 White Nurses #2 Main Building Augusta College
. TOTAL EQUIPMENT - HOSPITAL

$ 26,386.60 65,009.99
177,859.20 41,683.64 27,981.74
l `, 2 1 7 , 5 7 4 . 4 9
$ 1,556,495.66

TOTAL EQUIPMENT

$ 2,315,649.25

TOTAL INVESTMENT IN PLANT

$14,334,935.90

Additions

Deductions

Investment End Of Year

$
801,064.60 $ 801,064.60 $ 801,064.60 $

$
$ $190,000.00 $

$ 118,750.00 500,000.00 444,500.00 369,250.00 259,000.00
8,528,700.00 801,064.60
$11,021,264.60

$12,496,743.86

$

6,705.01

$ 9,415.49
642.67 24,011.95 54,978.10
2,345.00 $ 91,393.21

$
243.70 93,048.58
$ 93,292.28

$ 29,369.15 26,283.98 7,488.41
204,416.31 470,773.13
16,578.54 2,345.00
$ 757,254.52

$
3,664.75 71,265.34 37,061.65 $ 111,991.74 $ 203,384.95 $1 , 0 0 4 , 4 4 9 . 5 5

$ 3,085.34 10,847.52 84,598.52 1,348.91
$ 99,880.29 $193,172.57 $383,172.57

$ 23,301.26 54,162.47 93,260.68 45,348.39 26,632.83
1,288,839.83 37,061.65
$ 1,568,607.11
$ 2,325,861.63
$14,956,212.88

285

W est Georgia College FINANCIAL REPORT
For the Year Ended June 30, I960

WEST GEORGIA COLLEGE Carrollton, Georgia

Irvine S. Ingram
President

J. E. McWhorter
Comptroller

I. CURRENT FUNDS A. GENERAL Cash in Bank Investments Accounts Receivable Veterans Administration Students Extension Stores Inventory TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Investments TOTAL RESTRICTED FUNDS
C . AUXILIARY Cash in Bank Accounts Receivable Students Other - Rent Inventories Bookstore Dining Hall TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. STUDENT LOAN FUNDS Cash in Bank Notes Receivable - Student Investments
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank
TOTAL UNEXPENDED

WEST GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

$
$ 27.00 30.00
126.79

19,553.15 50,000.00
183.79 5,922.83
$

75,659.77

$ 5,937.29 3,500.00

9,437.29

$
$ 141.00 53.00
$5,814.83 4,144.37

34,530.50 194.00
9,959.20

44,683.70

$

801.45

500.00

30,872.34

129,780.76 24,559.61
32,173.79

$ 57,666.99 $ 57,666.99

*

288

WEST GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income - Fall, 1960 Unearned Income - Summer School Reserve for Stores Unappropriated Surplus
TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
C . AUXILIARY Accounts Payable Unearned Income Reserve for Stores Bookstore Dining Hall Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. STUDENT LOAN FUNDS Fund Balance

$

5.236.00

2.894.00

11,975.00

12,155.50

8,000.00

35,399.27

$ 75,659.77

$

9,437.29

9,437.29

$
$5,814.83 4,144.37

652.47 7,135.00
9,959.20 26,937.03

44,683.70 $ 129,780.76

24,559.61

$ 32, 173.79

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Auxiliary Replacement Reserve Fund Balance TOTAL UNEXPENDED

32,173.79

$ 24,925.05 32, 741.94 $

57,666.99

289

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

WEST GEORGIA COLLEGE
BALANCE SHEET June 30, 1960

$ 27,500.00 1,557,832.62 100,024.48 372,014.45

$2,057,371.55

$2,115,038.54

$2,301,552.70

290

WEST GEORGIA COLLEGE

BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant

$ 558,169.50 1,499,202.05

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$2,057,371.55 $2,115,038.54 $2,301,552.70

291

WEST GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Fees Unearned Matriculation - Fall, 1960 Health Service Fees Summer School Interest Earned Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations Vocational Funds TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Fund for Adult Education Federal Government - ICA Foreign Service TOTAL GIFTS AND GRANTS
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
DORMITORIES Adamson Aycock Hamm Mandeville Melson Rogers Gunn House TOTAL DORMITORIES
APARTMENTS
TOTAL AUXILIARY ENTERPRISES INCOME
C . STUDENT AID GIFTS AND GRANTS
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$ 1,500.00

$

82,256.00

11,975.00

10,062.50

14,826.50

750.00

3,198.04

$124,568.04

$

$ 1,500.00 82,256.00 11,975.00 10,062.50 14,826.50 750.00 3,198.04
$124,568.04

$277,000.00

$

1,384.19

$278,384.19

$

$277,000.00 1,384.19
$278,384.19

$ $ $402,952.23

$ 7,000.00 20.00
$ 7,020.00
$ 7,020.00

$ 7,000.00 20.00
$ 7,020.00
$409,972.23

$ 41,893.64

$

$141,284.67

$

$ 41,893.64 $141,284.67

$ 9,532.05

$

15,813.52

1,350.00

16,439.20

12,799.51

1,197.75

1,102.50

$ 58,234.53

$

$ 2,169.33

$

$243,582.17

$

$ 9,532.05 15,813.52 1,350.00 16,439.20 12,799.51 1,197.75 1,102.50
$ 58,234.53
$ 2,169.33
$243,582.17

$ $646,534.40

$11,371.00 $18,391.00

$ 11,371.00 $664,925.40

292

WEST GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

Fund C la ssific a tio n

General

Restricted

EDUCATIONAL AND GENERAL
ADMINISTRATION Business Office President's Office Registrar's Office TOTAL ADMINISTRATION

$ 15,627.47 $ 15,481.56 15,697.52
$ 46,806.55 $

STAFF BENEFITS Retirement Workmen's Compensation Social Security Group Insurance TOTAL STAFF BENEFITS

$

89.00 $

629.19

6,461.54

2,215.69

$ 9,395.42 $

GENERAL INSTITUTIONAL

General

$ 11,709.18 $

Public Relations

6,816.18

TOTAL GENERAL INSTITUTIONAL $ 1 8 , 5 2 5 . 3 6 $

STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE

$ 1,859.11 $ 1,923.48 6,742.99
$ 10,525.58 $

PLANT OPERATIONS

$ 54,798.85 $

LIBRARY

$ 20,073.93 $

INSTRUCTION

Dean's Office

$ 9,762.44 $

Division of Languages, Literature

and Art

49,942.10

Division of Social Sciences

31,718.15

Division of Education

20,800.09

Division of Physical Ed. and Other

33,986.31

Division of Math and Science

45,631.61

Adult Education Director

3,887.52

Practice School

12,250.07

Summer School

15,926.48

TOTAL INSTRUCTION

$223,904.77 $

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 14,225.00 14,530.59 13,756.89
$ 42,512.48

$ 1,402.47 $

950.97

1,690.73

249.90

$ 4,044.17 $ 249.90

$

89.00 $

$

629.19

6,461.54

2,215.69

$ 9,395.42 $

$

$ 195.50 5,938.31
$ 6,133.81

$ 11,080.19 877.87
$ 11,958.06

$ 433.49 $ 433.49

$ 1,735.00 1,801.00 5,275.84
$ 8,811.84
$ 24,428.35
$ 12,846.26

$

124.11

122.48

695.80

$ 942.39

$ 29,210.36

$ 1,591.72

$
771.35 $ 771.35
$ 1,160.14
$ 5,635.95

$ 8,714.95
47,252.00 31,107.19 19,007.50 30,776.00 41,610.00
3,887.52 9,572.40 15,564.69 $207,492.25

$ 1,047.49
2,216.04 610.96
1,253.64 2,436.39 2,977.41
2,677.67 361.79
$ 13,581.39

$ 474.06 538.95 773.92
1,044.20
$ 2,831.13

293

/%U
WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C lassificatio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED)

EXTENSION

Fund for Adult Education

$

Elem. Co-O p, CPEE

Vocational Program

TOTAL EXTENSION

$

940.17 940.17

$ 4,061.22 1,029.88
$ 5,091.10

$ 2,761.87 793.00
$ 3,554.87

$ 1,299.35 $ 236.88 940.17
$ 2,476.40 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
STORES CONTROL

$384,970.63 5,922.83

$ 5,091.10

$315,175.28 $ 63,804.49 $11,081.96

TRANSFER TO: Plant Funds

11,450.00

TOTAL EDUCATIONAL AND

GENERAL DISBURSEMENTS

$402,343.46

'

B. AUXILIARY ENTERPRISES BOOKSTORE
DINING HALL
APARTMENTS AND GUNN HOUSE

$ 39,840.25 $ $119,280.90 $ $ 4,156.81 $

$ 8,726.19 $ 32,823.20 $ 2,637.48

$ 31,023.39 $ 85,528.30 $ 1,519.33

$ 90.67 $ 929.40 $

DORMITORIES Adamson Aycock Hamm Log Cabin Mandeville Melson Rogers TOTAL DORMITORIES

$ 7,707.05 $ 14,464.16 661.04 65.60 11,394.65 6,354.11 679.84
$ 41,326.45 $

$ 4,174.05 8,087.37 239.21
5,909.54 3,549.31
315.90 $ 22,275.38

$ 3,533.00 $ 6,376.79 421.83
65.60 5,485.11 2,804.80
363.94 $ 19,051.07 $

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$204,604.41 $

$ 66,462.25 $137,122.09 $ 1,020.07

TRANSFERS: Plant Funds

19, 579.11

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$224,183.52

294

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Fund C la ssifica tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Eguipment

$ $589,575.04

$10,983.00 $16,074.10

$ $381,637.53

$ 10,983.00 $211,909.58

$ $12,102.03

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL Adult Education Co-Op Elementary Education TOTAL EDUCATIONAL AND GENERAL
STUDENT AID Scholarship Fund
TOTAL RESTRICTED FUNDS

Balance Tulv 1, 1959

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$2,626.00 3,874.39
$6,500.39

$ 7,020.00 $ 7,020.00

$ 4,061.22 1,029.88
$ 5,091.10

$5,584.78 2,844.51
$8,429.29

$ 620.00 $7,120.39

$11,371.00 $18,391.00

$10,983.00 $16,074.10

$1,008.00 $9,437.29

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS

CHANGES IN CASH BALANCES r Ended June 30, 1960

Cash Balance Tulv 1. 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 68,944.38 7,120.49
15,131.85 $ 91,196.62
$ 19,451.23

$402,952.23 18,391.00
243,582.17 $664,925.40
$139,769.37

$402,343.46 16,074.10
224,183.52 $642,601.08
$134,660.99

$ 69,553.15 9,437.29
34,530.50 $113,520.94
$ 24,559.61

295

WEST GEORGIA COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

STUDENT LOAN FUNDS NATIONAL DEFENSE STUDENT LOAN FUND PLANT FUNDS TOTALS

Cash Balance July 1, 1959

$

193.15

$ 4,585.00

$153,000.64

$268,426.64

Receipts For Year $ 606.85 $ 19,980.45 $ 39,632.11 $864,914.18

Disbursements Cash Balance

For Year

June 30, 1960

$

500.00

$ 300.00

$ 24,064.00

$ 501.45

$134,965.76

$ 57,666.99

$936,791.83

$196,548.99

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Student Activities Student Deposits Application - Breakage Deposits Miscellaneous Deposits
SUB-TOTAL
Group Insurance Life Insurance U. S. Income Tax Social Security Teachers Retirement Sales Tax Rent State Income Tax
TOTAL AGENCY FUNDS

Cash Balance July l f 1959

Receipts For Year

$ 6,210.36 1,265.03 1,982.66 6,880.70
$16,338.75

$ 18,390.00 30,920.17 5.00 22,814.14
$ 72,129.31

$ 714.04 50.15
2,237.29
111.00

$ 5,889.11 368.23
37,711.00 8,409.69
12,154.84 1,101.84 1,578.82 426.53

$19,451.23

$139,769.37

Disbursements Cash Balance

For Year

June 30, 1960

$ 18,040.92 29,170.19 326.00 20,322.87
$ 67,859.98

$ 6,559.44 3,015.01 1,661.66 9,371.97
$20,608.08

$ 5,575.29 375.95
37,711.00 10,646.98 10,001.59
1,101.84 961.83 426.53

$ 1,027.86 42.43
2,153.25 727.99

$134,660.99

$24,559.61

296

WEST GEORGIA COLLEGE
STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1960

CASH BALANCE, JULY 1, 1959
RECEIPTS: Gifts and Grants Transfer from Scholarship Funds TOTAL RECEIPTS
DISBURSEMENTS: Loans to Students Investments TOTAL DISBURSEMENTS
CASH BALANCE, JUNE 30, 1960

College Loan Funds
$193.15

National Defense Student Loan Fund
$ 4,585.00

Total $ 4,778.15

$606.85 $606.85

$17,983.00 1,997.45
$19,980.45

$18,589.85 1,997.45
$20,587.30

$ 500.00
$500.00
$300.00

$24,064.00 $24,064.00 $ 501.45

$24,064.00 500.00
$24,564.00
$ 801.45

STATEMENT OF STUDENT LOAN FUND BALANCES For Year Ended June 30, 1960

COLLEGE LOAN FUNDS Billy Baker Memorial Fund Kiwanis - Ingram Loan Fund Ted Hirsch Fund Melson Loan Fund DAR Loan Fund Cantrell Loan Fund TOTAL COLLEGE LOAN FUNDS
NATIONAL DEFENSE STUDENT LOAN FUND
TOTALS

Fund Balance July l i 1959

Additions

Fund Balance Deductions June 30, 1960

$ 164.81 200.68
$ 365.49 $11,221.00 $11,586.49

$ 14.03
500.00 100.00 200.00 $ 814.03
$19,980.45
$20,794.48

$ 22.81 184.37
$207.18 $ $207.18

$ 142.00 30.34
500.00 100.00 200.00 $ 972.34
$31,201.45
$32,173.79

297

WEST GEORGIA COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Science Ventialation Adamson Dormitory Mandeville Dormitory Dormitory Furnishings Campus Buildings (5) Special Equipment Dining Hall Refrigeration Timber Sales Warehouse Building Library Annex Classroom Building Administration Building Roof Tennis Courts Heating Equipment Auxiliary Replacement Reserve Hamm Renovation Steam Lines and Utilities Gymnasium Rewiring President's Home Clinic Cabinets
TOTAL

Balance July 1, 1959

$

572.10

9,336.56

5,091.13

1,770.25

1,291.15

1,348.21

56.12

(-) 175.24

18,790.20

44,593.18

40,745.22

660.58

1,500.00

3,000.00

24,421.18

$153,000.64

Receipts $
7,400.00
12,179.11 2,000.00 8,000.00 3,500.00 5,353.00 1,200.00
$39,632.11

Disbursements Transfers

$ 12,643.68 5,100.59 7,066.29 512.83 857.62 4,075,95
19,085.49 40,703.87 40,074.98

$
(-)5, 500.00
(-)6, 000.00 (--) 1 7 5 .2 4

1,500.00 30.00
40.12

11,675.24

1,800.00 184.28
1,290.06

$134,965.76 $

Balance Tune 30 , 1960
$ 572.10 4,092.88 (-)9.46 203.96 778.32 490.59 1,980.17
(-)2 9 5.29 3,889.31
670.24 660.58
2,970.00 24,925.05
1,959.88 8,000.00 1,700.00 5,168.72 (--) 9 0 . 0 6
$57,666.99

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Transfer from Auxiliary Enterprises Transfer from Educational and General Sale of Buildings From Board of Regents For Steam Lines and U tilities TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Adamson Dormitory Mandeville Hall

$153,000.64

$ 19,579.11 11,450.00 603.00 8, 000.00

39,632.11 $192,632.75

$ 12,643.68 5,100.59

298

WEST GEORGIA COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Buildings and Additions to Buildings (Continued) Hamm Renovation President's Home Warehouse Building Library Annex Classroom Building Gymnasium Rewiring Mandeville Annex - Clinic Cabinets Five Campus Buildings TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Tennis Courts Heating System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment Dormitory Furnishings Dining Hall Refrigeration S pecial Instructional Equipment TOTAL EQUIPMENT
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

$

40.12

184.28

19,085.49

40,703.87

40,074.98

1,800.00

1,290.06

512.83

$121,435.90

$ 1,500.00 30.00

1,530.00

$ 7,066.29 4,075.95 857.62

11,999.86

$134,965.76 $ 57,666.99

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Plant Fund Expenditures Educational and General Expenditures Improvements Equipment Auxiliary Enterprises Expenditure Equipment Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS

$1,871,195.15

$ 1,282.90 11,081.96

$ 134,965.76
12,364.86 1,020.07
51,932.41

200,283.10 $2,071,478.25

299

WEST GEORGIA COLLEGE
SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
DEDUCTIONS Engineering-Drawing (Torn Down) Log Cabin Dormitory (Torn Down) Recreation Center (Tom Down) TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$ 6, 000.00 3,100.00 5,006.70 $ 14,106.70
$2,057,371.55
5 5 8 ,1 6 9 . 50
$1,499,202.05

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

LAND Campus Off-Campus
TOTAL LAND

1907 1907

BUILDINGS Adamson Hall Administration Aycock Hall (Building Authority) Hamm Dining Hall-Auditorium Engineering- Drawing Gunn House Log Cabin Dormitory Library - Additions and Alterations Mandeville Hall Martha Munro Building Rogers Dormitory Melson Hall Plant Sup. House President's Home Recreation Center S cie n ce Building (Building Authority) Sand Hill Apartment Tenant House No. 1 Tenant House No. 3

1907 1907 1952 1944 1937 1946 1907 1932 1938 1935 1935 1946 1907 1907 1907 1947 1954 1945 1944 1943

Investment Beginning Of Year
$ 4,000.00 23,500.00
$ 27,500.00
$ 66,375.39 81,369.07
242,693.11 5,851.68
95,503.70 6,000.00 6,573.05 3,100.00
123,508.93 42,657.54 53,418.72 2,178.53 65,046.25 1,275.00 6,000.00 5,006.70
210,917.40 5,382.85 1,333.78 1,847.98

Additions
$ $
$ 12,643.68 1,282.90 40.12 1,800.00
40,703.87 6,390.65
100.00 184.28
100.00 100.00

Deductions

Investment End Of Year

$

$ 4,000.00

23,500.00

$

$ 27,500.00

$ 6,000.00 3,100.00
5,006.70

$ 79,019.07 82,651.97
242,693.11 5,891.80
97,303.70
6,573.05
164,212.80 49,048.19 53,418.72 2,178.53 65,046.25 1,375.00 6,184.28
210,917.40 5,382.85 1,433.78 1,947.98

300

WEST GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

BUILDINGS (CONTINUED) Tenant House No. 4 Tenant House No. 5 Tenant House No. 6 Cow Barn Dairy Barn Classroom Building Dormitory Annex (Building Authority) Warehouse Building
TOTAL BUILDINGS

1944 1946 1938 1946 1944 1958 1959 1959

C . IMPROVEMENTS OTHER THAN BUILDINGS
Streets and Walks Lighting System Heating System Athletic Field and Tennis Courts
Water System Landscaping
TOTAL IMPROVEMENTS OTHER
THAN BUILDINGS

D. EQUIPMENT Administrative Offices
Apartments Physical Plant Library Instructional Departments
Dormitories Dormitories (Building Authority) S cie n ce Building (Building Authority)
Dining Hall Bookstore Infirmary
TOTAL EQUIPMENT

TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

1.083.78 1.083.78 1,634.80 5 . 0 0 0 . 00 3 . 0 0 0 . 00 168,614.90 182,457.66

100.00 100.00
12.83
40,074.98 39,096.12

$1, 410,124.40 $161,814.92

1.183.78 1.183.78 1,647.63 5 . 0 0 0 . 00 3 . 0 0 0 . 00 208,689.88 221,553.78
$14,106.70 $1, 557,832.62

$ 14,462.07 $

$

12,926.77

26,924.50

30.00

15,326.14

1,500.00

26,274.99

2,580.01

$ 98,494.48 $ 1,530.00 $

$ 14,462.07 12,926.77 26,954.50 16,826.14 26,274.99 2,580.01
$ 100,024.48

$ 18,673.99 22.64
32,812.25 58,570.52 81,526.40 53,163.66 19,391.79 20,293.22 43,413.17
7,208.63
$ 335,076.27
$1 , 8 7 1 . 1 9 5 . 1 5

$ 249.90
1,593.63 5,635.95 3,688.75 7,066.29 12,836.29
5,005.35 90.67
771.35 $ 36,938.18
$200,283.10

$
$ $14,106.70

$ 18,923.89 22.64
34,405.88 64,206.47 85,215.15 60,229.95 32,228.08 20,293.22 48,418.52
7,299.30 771.35
$ 372,014.45
$2 , 0 5 7 ,3 7 1 .5 5

301

North Georgia College FINANCIAL REPORT
For the Year Ended June 30, I960

NORTH GEORGIA COLLEGE Dahlonega, Georgia

Merritt E. Hoag
President

H. H. Gilbert, Jr.
Comptroller

303

I. CURRENT FUNDS A. GENERAL Cash on Hand Cash in Bank Time Deposits TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand Cash in Bank Time Deposits Stores (Inventories) Accounts Receivable TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank Investments Time Deposits
TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Cash in Bank Notes Receivable Time Deposits Investments
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Time Deposits

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

$ 8,096.70 12,778.19 75,000.00
$ 95,874.89

$

1,475.00

1,555.18

75,000.00

76,841.69

_________ 1 8 .3 2

154,890.19 $ 250,765.08

$ (-)l, 643.88 314.50
60,000.00

58,670.62

$ 10,956.87 27,093.75 10, 000.00 5,384.00

53,434.62

$ 48,971.46 50,875.90

TOTAL UNEXPENDED

99,847.36

304

I . CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Stores (Inventories) Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

$ 13,923.74 25,692.90 56,258.25 $ 95,874.89

$ 15,309.49 10,571.71 76,841.69 52,167.30

154,890.19

$ 58,670.62

250,765.08

TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Fund Balances

53,434.62

58,670.62

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Purchase Orders Outstanding Contracts to be Negotiated Auxiliary Funds Educational and General Funds Timber Account Timber Escrow Account TOTAL UNEXPENDED

53,434.62

$ 5,044.00 21,489.04 53,770.42 1,150.00 17,518.00
________ 8 7 5 .9 0 $

99,847.36

305

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

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960

$ 42,568.65 3,552,591.66 171,412.99 795,997.50

$4,562,570.80

$4,662,418.16 $5,025.288.48

306

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)
IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Loans Payable Net Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$1,473,367.70 27,016.90
3,062,186.20
$4,562,570.80
$4,662,418.16
$5.025,288.48

307

NORTH GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Matriculation Deposits Health Service Summer S ession Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
OTHER SOURCES Sales Land Script Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
CANTEEN
MISCELLANEOUS INCOME
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

$ 3,333.00 98,776.50 6,704.55 8,765.50 10,573.65 7,804.44
$ 135,957.64

438,000.00

$

36.01

849.62

2,738.40

3,624.03 $ 577,581.67

$ 251,418.54

$ 13,642.55 23,249.10 15,513.61 8,343.00 41,453.70 26,407.05

128,609.01 13,774.69 10,565.13
162,880.74 795.64 568,043.75 $1,145,625.42

308

I
Iff
w
A
H ! A
I
w
lot A
1 J4 W I* -+
m jfcn >*

NORTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE Faculty and Staff Benefits Public Relations General Institution TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Men Dean of Women Student Hospital Guidance Program General Student TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Dean of Faculty Biology Business Administration Chemistry Education Home Economics Languages and Literature Mathematics Military Physical Education Physics Social Science Summer S e ssio n s Flight Training TOTAL INSTRUCTION

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 17,064.29 22,671.89 11,057.62
$ 50,793.80

$ 15,100.08 20,273.68 10,007.75
$ 45,381.51

$ 1,924.25 1,633.21
449.76 $ 4,007.22

$

39.96

765.00

600.11

$ 1,, 4 0 5 . 0 7

$ 15,184.16 4,281.51 7,727.30
$ 27,192.97

$

719.52 $ 14,464.64 $

2,570.45

1,711.06

7,727.30

$ 3,289.97 $ 23,903.00 $

$

9,637.17

4,149.96

13,437.55

5,981.91

3,052.87

$ 36,259.46

$ 99,886.81

$ 34,863.40

$ 9,021.51 4,149.96
11,268.20 4,321.66 2,050.00
$ 30,811.33
$ 57,103.95
$ 18,331.09

$

615.66

2,169.35 965.25
1,002.87 $ 4,753.13

$ 41,330.08

$ 8,159.16

$
695.00 $ 695.00 $ 1,452.78 $ 8,373.15

$

8,640.50

20,261.03

27,985.97

15,089.35

20,037.27

7,827.06

44,155.08

29,258.19

4,426.73

28,790.00

16,561.61

28,135.27

24,553.04

4,045.59

$ 279,766.69

$ 8,232.57 18,875.55 27,679.32 13,234.15 18,463.53 7,070.49 43,749.84 28,490.73
3,340.45 23,238.36 13,311.66 27,900.04 24,055.00
3,982.17 $261,623.86

$ 407.93 1,385.48 306.65 1,290.81 1,498.74 756.57 405.24 448.46 1,086.28 5,339.72 1,545.02 235.23 498.04 63.42
$ 15,267.59

$
564.39 75.00
319.00 211.92 1,704.93
$ 2,875.24

309

NORTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES
STAFF HOUSING (REGULAR)
STAFF HOUSING (SPECIAL)
CANTEEN
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Regents University System of Georgia Plant Funds - Debt Service Plant Funds - Reserve Plant Funds Projects TOTAL TRANSFERS
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

______________________________ O b je ct C la s s ific a tio n __________

Salaries

Operating

and

Supplies and

Total

Wages

Expense

Equipment

$ 528,763.13 $416,541.71 $ 97,420.18 $14,801.24

6,136.00

$ 534,899.13

$ 210,207.99 $ 61,843.55 $146,348.35 $ 2,016.09

$ 8,140.86 14,360.51 14,639.08 6,625.85 31.834.84 23.472.84
$ 99,073.98

$ 11,751.22

$

3,982.24

$ 153,746.14

$ 478,761.57

$ 3,892.23 6,624.32 7,189.19 3,336.08
15,037.62 8,993.57
$ 45,073.01
$ 4,199.26
$ 1,519.24
$ 17,791.75
$130,426.81

$ 4,248.63 7,736.19 7,449.89 3,289.77
16,797.22 14,479.27 $ 54,000.97
$ 7,041.66
$ 2,378.89
$135,301.44
$345,071.31

$
$ $ 510.30 $ 84.11 $ 652.95 $ 3,263.45

$ 14,356.73 13,889.75 28,402.19 2,500.00
$ 59,148.67
$ 537,910.24
$1-, 0 0 7 , 5 2 4 . 7 0

$546,968.52

$442,491.49

$18,064.69

NORTH GEORGIA COLLEGE STATEMENT OF TRUST FUND BALANCES
For Year Ended June 30, 1960
BALANCE OF PRINCIPAL, JULY 1, 1959 ADDITIONS
Receipts Income on Investments New Principal
BALANCE OF PRINCIPAL, JUNE 3 0 , 1960

Loan Funds $20,851.59
393.56 32,189.47 $53,434.62

LOAN FUNDS John W . Moore Senior Class W . M. Smith Loan Fund National Defense Student
TOTAL LOAN FUNDS

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1960

Fund Balance July 1, 1959

Additions

Fund Balance Tune 30, 1960

$ 6,936.49 785.00
13,130.10
$20,851.59

$ 185.56 5.00
500.00 31,892.47
$32,583.03

$ 7,122.05 790.00 500.00
45,022.57
$53,434.62

LOAN FUNDS Bonds - Government Time Deposits Student Notes Receivable
TOTAL LOAN FUNDS

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1960

Book Value
$ 5,384.00 10,000.00 27,093.75
$42,477.75

Market Value
$ 5,384.00 10,000.00 27,093.75
$42,477.75

311

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS LOAN FUNDS PLANT FUNDS TOTAL
Faculty Prepayments Uniform Deposits Breakage Deposits Miscellaneous Deposits Student Activities TOTAL AGENCY FUNDS

NORTH GEORGIA COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance Tuly 1. 1959

Receipts For Year

Disbursements For Year

Cash Balance Tune 30 , 1960

$ 53,192.35 47,896.67
$101,089.02
$ 55,855.03
$ 11,605.84
$ 76,833.17
$245,383.06

$ 577,581.67 568,043.75
$1,145,625.42
$ 142,399.24
$ 34,487.03
$ 97,471.84
$1 , 4 1 9 , 9 8 3 . 5 3

$ 534,899.13 537,910.24
$1 , 0 7 2 , 8 0 9 . 3 7
$ 139,898.15
$ 25,136.00
$ 74,457.65
$1 , 3 1 2 , 3 0 1 . 1 7

$ 95,874.89 78,030.18
$173,905.07
$ 58,356.12
$ 20,956.87
$ 99,847.36
$353,065.42

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance Tuly 1, 1959
$ 3,255.85 10,242.11 15,463.01 2,838.21 24,055.85
$55,855.03

Receipts For Year
$ 4,133.55 77,345.43 9,540.25 21,301.45 30,078.56
$142,399.24

Disbursements Cash Balance

For Year

June 30, 1960

$ 3,255.85 75,601.53 14,366.74 21,372.71 25,301.32

$ 4,133.55 11,986.01 10,636.52 2,766.95 28,833.09

$139,898.15

$58,356.12

312

NORTH GEORGIA COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Auxiliary Replacement Reserve General Fund Balance Barnes Hall Rehabilitation Barnes Hall Furnishings Dining Hall Rehabilitation Barracks Rehabilitation Barracks Furnishings Office Equipment Price Memorial Rehabilitation Instructional Equipment Utilities and Grading Lewis Hall Rehabilitation Screening Buildings Edwards Property Purchase Gaillard Hall Wing Faculty Housing Rehabilitation Sanford Hall Rehabilitation Sanford Hall Furnishings Military Garage Conversion Electrical System Dining Hall Equipment Planetarium Convert Gym to Warehouse Band House Apartment Rentals - Gaillard Hall Ammortization - Faculty Housing Campus Development Timber Escrow Account Armory-Drill Hall-Gymnasium
TOTAL

Balance July 1, 1959
$33,708.26 450.00
4,551.08 328.98 2.55
(--) 7 0 . 7 3 (-) 5 .7 5
6,228.95 (-)4 3 8 .66 7,482.44
6.35 1,257.10
(--) 4 . 4 5 .27
(-)l, 003.20 (--) 6 3 . 8 6 2,000.00
12,065.00 (--) 1 0 2 . 1 9
(--) 6 3 . 3 2 504.35
10,000.00
$76,833.17

Receipts $28,402.19
1,150.00
300.00 15,000.00
5,836.00
12,000.00 2,500.00
11,900.00 1,989.75
17,518.00 875.90
$97,471.84

Disbursements

Transfers

Balance June 30, 1960

$ 3,966.77 3,467.77
5,991.25 16,670.15
7,710.19 18.00
(-)1,003.20 2,581.02
10,576.35
518.00 10,014.10
11,791.50 1,989.75
166.00

$ 8,340.03 450.00
(-)3, 732.45 (->70.73
(->1,005.75
6.35 (->3,742.90
(->4.45 .27
(->63.86
( - ) ii. oo
(->102.19 (->63.32

$53,770.42 1,150.00 584.31 328.98 267.23
1,000.00 537.70
(->2,108.81 5,608.25 (->18.00 5,000.00
(->570.02 1,488.65
(->13.65 (->14.10 12,000.00 2,500.00
108.50
17,518.00 875.90
(->166.00

$74,457.65

$

$99,847.36

313

NORTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Transfers from General Funds Transfers from Auxiliary Funds State Appropriation Timber Escrow Account Proceeds - Timber Sale Interest on Time Deposits TOTAL ADDITIONS
DEDUCTIONS Buildings and Additions to Buildings Armory- Drill Hall-Gymna s ium Barnes Hall Dining Hall Price Memorial Planetarium Sanford Hall Gaillard Hall TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Utilities and Grading
Equipment Office Equipment Instructional Equipment Dormitory Equipment Dining Hall Equipment TOTAL EQUIPMENT
Indebtedness Retired University of Georgia Endowment Funds
Other Deductions University System Building Authority Rentals Interest on Indebtedness TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0, 1960

Funds For Plant
Additions
$76,833.17

Funds For Debt
Service
$

Total $76,833.17

$ 6,136.00 30,902.19 27,000.00 875.90 17,518.00 1,150.00
$83,582.09

$ 13,889.75
$13,889.75

$ 6,136.00 44,791.94 27,000.00 875.90 17,518.00 1,150.00
$97,471.84

$ 166.00 $ 3.966.77 3.467.77
16,670.15 10,014.10
2,581.02 (-)l,003.20 $35,862.61

$ 166.00 3.966.77 3.467.77
16,670.15 10,014.10
2,581.02 (-) 1 ,0 0 3 .2 0 $35,862.61

$ 18.00 $

$ 18.00

$ 5,991.25 $ 7,710.19
10,576.35 518.00
$24,795.79 $

$ 5,991.25 7,710.19
10,576.35 518.00
$24,795.79

$

$ 1,144.90 $ 1,144.90

$ $ $60,676.40 $99,738.86

$11,791.50 844.85
$12,636.35
$13,781.25
$ 108.50

$11,791.50 844.85
$12,636.35
$74,457.65
$99,847.36

314

NORTH GEORGIA COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Equipment Sold or Abandoned
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority Due University of Georgia Endowment Funds
NET INVESTMENT IN PLANT, JUNE 30, 1960

$3,965,311.94

$ 60,676.40
14,801.24 3,263.45
524,517.77

603,258.86 $4,568,570.80

6,000.00 $4,562,570.80

$1, 473,367.70 27,016.90

1,500,384.60 $3,062,186.20

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

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

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$ 24,568.65 $ 6,000.00 4,000.00 8,000.00
$ 42,568.65 $

$

$ 24,568.65

6,000.00

4,000.00

8,000.00

$

$ 42,568.65

193,342.84 147,956.83
44,500.39 47,869.13 44,076.94 288,836.53 62,786.03 143,057.72

$ 16,670.15
85,722.07 3,467.77

193,342.84 164,626.98
44,500.39 47,869.13 44,076.94 288,836.53 148,508.10 146,525.49

315

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Gymnasium Band House Barnes Hall Barracks Sanford Hall Infirmary Military Garage Lewis Hall Gaillard Hall Three Maintenance Buildings President's Home Three Janitors' Homes Four Unit Faculty Apartments One Faculty Home Four Faculty Homes Three Faculty Homes Three Faculty Homes Six Faculty Homes Faculty Garage Warehouse Six Unit Faculty Apartment Two Farm Buildings Two Duplexes Auditorium-Drill Hall-Gymnasium Planetarium Two Unit Faculty Apartment TOTAL BUILDINGS
C . IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks Lighting System Water System Sewer System Landscaping TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dormitories Dormitories (USBA)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$ 48,861.64

$

32,926.02

143,707.51

3,966.77

167,156.43

51,932.84

2,581.02

24,660.94

16,165.30

481,475.13

333,621.02

165,085.98

6,600.00

40,721.97

6,700.00

40,111.56

5,080.61

24,102.58

39,418.69

30,397.40

53,469.47

1,627.96

2,500.00

26,625.71

2,000.00

38,405.08

389,588.67 272,872.52

10,014.10

11,928.34

$2,,9 9 2 ,2 1 1 .2 8 $ 5 6 0,380.38 $

$ 48,861.64 32,926.02
147,674.28 167,156.43
54,513.86 24,660.94 16,165.30 481,475.13 498,707.00
6,600.00 40,721.97
6.700.00 40,111.56
5,080.61 24,102.58 39,418.69 30,397.40 53,469.47
1,627.96 2.500.00 26,625.71 2, 000.00 38,405.08 662,461.19 10,014.10 11,928.34 $3,552,591.66

$ 55,797.85 $ 30,063.32 22, 000.00 43,460.78 20,073.04
$ 171,394.99 $

$
18.00 18.00 $

$ 55,797.85 30,063.32 22, 000.00 43,460.78 20,091.04
$ 171,412.99

28.700.79 165,242.36 101,835.05 233,020.93
68,890.01 70.863.80

$ 7,396.32 1,452.78 8,373.15
11,280.43 10,576.35

$2, 000.00 4,000.00

$ 34,097.11 166,695.14 110,208.20 244,301.36 75,466.36 70,863.80

316

I*
A
4' v
1
u
II 1
i
A jp
iff I
J r
*
jIi
5
Ju
V 'i
Jl
ll

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Dining Hall Pine Valley Faculty Housing Canteen TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$ 50,390.75 1,940.17
17,056.33 21,196.83 $ 759,137.02
$3,965,311.94

$ 2,534.09
594.41 652.95 $ 42,860.48
$603,258.86

$
$6,000.00 $6.000.00

$ 52,924.84 1,940.17
17,650.74 21,849.78 $ 795,997.50
$ 4 ,5 6 2 ,570.80

317

Georgia State College for Women FINANCIAL REPORT
For the Year Ended June 30, I960

GEORGIA STATE COLLEGE FOR WOMEN Milledgeville, Georgia

Robert E. Lee
President

Herbert A. Meyer
Comptroller

GEORGIA STATE COLLEGE FOR WOMEN
BALANCE SHEET June 30, 1960
ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable (Students) Stores Inventory (Warehouse) Temporary Investments

$ 83,275.65 183.50
23,978.01 50,000.00

TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
C. AUXILIARY Cash in. Bank Accounts Receivable (Students) Inventory (Bookstore) Inventory (Atkinson Dining Hall)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
n . AGENCY FUNDS Cash in Bank Temporary Investments
TOTAL AGENCY FUNDS
HI. ENDOWMENT FUNDS Cash in Bank Investments U. S. Savings Bonds University System Building Authority Bonds Other Bonds G. S. C. W. Building-- Parkhurst Common Sto cks Student Notes Receivable
TOTAL ENDOWMENT FUNDS

$ 157,437.16

$ 4,080.95 10,462.24

14,543.19

$ 35,246.50 455.50
13,452.04 28,195.49

77,349.53

$ 29,266.46 10, 000.00

$ 16,549.97

$ 166,200.00 67,500.00 7,750.00
110,926.74 701.43
11,800.29

364,878.46

249,329.88 39,266.46
381,428.43

320

GEORGIA STATE COLLEGE FOR WOMEN
BALANCE SHEET June 30, 1960
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income (Fall Quarter Fees) Unearned Income (Summer Fees) Prepaid Insurance Premiums Other Prepaid Items Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
C . AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance

$ 1,009.39 2,140.00
15,560.00 26,878.50
2,104.24 237.50
25,000.00 84,507.53
$ 157,437.16

$ 14,543.19

14,543.19

$ 1,522.52 434.77
19,752.10 41,647.53 13,992.61

77,349.53 $ 249,329.88

$ 39,266.46

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance

$ 381,428.43

39,266.46

TOTAL ENDOWMENT FUNDS

381,428.43

321

GEORGIA STATE COLLEGE FOR WOMEN

BALANCE SHEET June 30, 1960

ASSETS (CONTINUED)

IV. LOAN FUNDS Cash in Bank Student Notes Receivable
Investments U. S. Savings Bonds University System Building Authority Bonds

$ 7,000.00 _____19, 5 0 0 .0 0

TOTAL LOAN FUNDS

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

$ 43,856.84 _____6 5 , 0 0 0 . 0 0

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

$ 269,739.23 3,583,879.92 405,537.95 1,487,148.26

TOTAL PLANT FUNDS

TOTAL ASSETS

LIABILITIES (CONTINUED)
IV. LOAN FUNDS Fund Balance

GEORGIA STATE COLLEGE FOR WOMEN BALANCE SHEET June 30, 1960
$ 86,226.83

TOTAL LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Reserve for Replacement Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Due Other Funds Net Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 86,226.83

$ 29,339.61 79,517.23 $ 108,856.84

$ 282,775.69 110,926.74
5,352,602.93

5,746,305.36 5,855,162.20
$6,611,413.80

323

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School Music Placement Bureau Graduation and Other Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Vocational Funds Division of General Extension Baldwin County TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES Interest Earned - Time Deposits Nursery School Kindergarten Home Management Houses Mis cellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
AUXILIARY ENTERPRISES ATKINSON DINING HALL
DORMITORIES Beeson Hall Bell Hall Ennis Hall Sanford Hall Terrell Halls TOTAL DORMITORIES
APARTMENTS AND OTHER RENTALS Alumnae Guest House M iller Court Apartments Parkhurst Apartments Family Dwelling Units TOTAL APARTMENTS AND OTHER RENTALS

General Income

Restricted Income

Total Income

$ 4,100.00 $ 96,703.25 7,856.00 41,765.75 4,488.00 116.00 5,133.28
$ 160,162.28 $

$ 4,100.00 96,703.25 7,856.00 41,765.75 4,488.00 116.00 5,133.28
$ 160,162.28

$ 625,000.00 2,400.00
$ 627,400.00

$ 12,647.64
37,847.80 $50,495.44

$ 625,000.00 12,647.64 2,400.00 37,847.80
$ 677,895.44

$

1,019.97

3,332.50

2,031.25

1,941.00

425.00

$

8,749.72

$ 796,312.00

$
$ $50,495.44

$

1,019.97

3,332.50

2,031.25

1,941.00

425.00

$ 8,749.72

$ 846,807.44

$ 217,788.35 $

$ 217,788.35

$ 16,502.75 $ 30,866.90 11,174.10 15,643.00 28,084.15
$ 102,270.90 $

$ 16,502.75 30,866.90 11,174.10 15,643.00 28,084.15
$ 102,270.90

$

124.80 $

3,610.00

12,447.30

4,440.00

$ 20,622.10 $

$

124.80

3,610.00

12,447.30

4,440.00

$ 20,622.10

324

>1 mi
1
I V/ i + w >

A] *
1 It U ^1*
fWft 1r
]t
1
JL
I* 1*
|
if*

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) LAUNDRY
STUDENT UNION
TOTAL AUXILIARY ENTERPRISES
C . STUDENT AID GIFTS AND GRANTS Thomaston Mills Scholarship Fund E liz . Andrews Scott Fund M illedgeville Scholarship Fund TOTAL GIFTS AND GRANTS
ENDOWMENTS J . L. Beeson Scholarship Fund J. H. Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Agnes Green Martin Scholarship Fund Corrie Hoyt Brown Scholarship Fund Thomas E. M itchell Fund Sylvester Mumford Memorial Fund Anna Brown Small Fund Hallie Claire Smith Scholarship Fund Blanche C . Tait Scholarship Fund TOTAL ENDOWMENTS
TOTAL STUDENT AID
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 41,878.19 $ $ 60,189.79 $ $ 442,749.33 $

$ 41,878.19 $ 60,189.79 $ 442,749.33

$

$ 1,000.00 $

1,000.00

13.22

13.22

3,225.00

3,225.00

$

$ 4,238.22 $ 4,238.22

$
$ $ $1,,2 3 9 ,0 6 1 .3 3

$ 30.00 $ 68.75
182.50 100.00
50.00 3,170.20 1,352.80 5,375.60
56.25 52.50 32.50 $10,471.10 $

30.00 68.75 182.50 100.00 50.00 3,170.20 1,352.80 5,375.60 56.25 52.50 32.50 10,471.10

$14,709.32 $ 14,709.32

$ 6 5 , 2 0 4 . 7 6 $1-, 3 0 4 , 2 6 6 . 0 9

i
325

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL ADMINISTRATION
President's Office Comptroller's Office Registrar's Office
TOTAL ADMINISTRATION
GENERAL EXPENSE Alumnae Office Faculty and Staff Benefits Public Relations General Institutional Expense TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Students Health Service Placement Bureau Student Personnel Vol. Religious Activity Lake Laurel Admissions and Counseling TOTAL STUDENT WELFARE
PHYSICAL PLANT OPERATIONS
LIBRARY
INSTRUCTION Academic Dean Art Music Business Administration Home Economics Education Health and Physical Education English Romance Languages and Literature Biology Chemistry Physics Mathematics

Fund C la ssifica tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 18,997.88 $ 28,506.54 13,668.54
$ 61,172.96 $
$ 9,006.83 $ 27,177.17 10,946.04 22,172.91
$ 69,302.95 $
$ 15,686.40 $ 12,707.55 1,500.57 1,903.30 2,566.68 1,516.44 18,939.68
$ 54,820.62 $
$ 113,909.72 $
$ 34,491.61 $
$ 12,520.78 $ 16,086.41 35,088.60 30,347.28 33,598.15 36,919.53 31,293.00 33,446.83 13,322.50 16,574.00 16,686.40 5,320.54 11,886.77

$ 15,480.00 26,850.07 12,641.82
$ 54,971.89

$ 3,022.88 1,141.33 718.23
$ 4,882.44

$ 495.00 515.14 308.49
$ 1,318.63

$ 7,999.73 6,078.86 8,898.96 4,354.21
$ 27,331.76

$ 1,007.10 $ 21,098.31 2,047.08 17,818.70
$ 41,971.19 $

$ 14,931.50 10,896.56 1,405.00 1,900.00 2,566.68 917.50 11,218.01
$ 43,835.25

$

634.80 $

1,588.19

95.57

3.30

598.94 7,721.67 $ 10,642.47 $

120.10 222.80
342.90

$ 52,334.70 $ 60,411.01 $ 1,164.01

$ 22,967.63 $ 1,527.56 $ 9,996.42

$ 12,324.50 15,224.63 32,260.63 26,716.16 30,466.66 33,637.96 29,924.88 33,223.43 12,524.87 14,772.64 14,859.04 4,570.43 11,734.46

$

196.28 $

861.78

1,897.99

929.98

1,656.52

1,974.60

2,334.46

797.03

3,281.57

1,169.62

198.50

223.40

548.13

249.50

1,281.20

520.16

1,388.26

439.10

394.56

355.55

152.31

326

1
*#
^ l A
14
I '^ 1
*
ft
m r- 1 L*
J 4 *yu
dD
1
4 7 *1#
J>> t
t
'r i f
vi*
V'f >

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED)

INSTRUCTION (CONTINUED)

Sociology, Economics and Geography $ 2 2 ,0 6 5 .9 8 $

History and Political Science

7, 801.73

Summer School

49,967.31

General Instruction TOTAL INSTRUCTION

$ 8 0 7 .5 7
$ 373,733.38

$ 21,887.95 7,636.40
49,174.76 500.00
$351,439.40

$ 178.03 165.33 792.55 307.57
$ 16,829.56

$
$ 5,464.42

ACTIVITIES RELATED TO INSTRUCTION Peabody Practice School Home Management Houses Nursery School TOTAL ACTIVITIES RELATED TO INSTRUCTION
RESEARCH

$ 14,073.51 $37,743.64 $ 49,528.73 $ 1,691.72 $

2,374.51

2,374.51

9,240.25

8,038.05

1,202.20

596.70

$ 25,688.27 $37,743.64 $ 57,566.78 $ 5,268.43 $ 596.70

$

$ 6 0 2 .6 4

$ 308.40 $

$ 2 5 7 .0 0

37.24

EXTENSION AND PUBLIC SERVICE Extension and Correspondence Vocational Home Economics TOTAL EXTENSION AND PUBLIC SERVICE
STORE EXPENDITURES (NET)

$ 2,167.59 (-) 1 ,9 0 4 .7 9

$

262.80

$

898.35

$ 12,990.67
$12,990.67
$

$ 2,400.00 8,490.00
$ 10,890.00 $

$ $ ( - ) 2 3 2 .41 2,595.88

$ $ 2 ,3 6 3 .4 7

$

$ 8 9 8 .3 5

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 734,883.30 $50,734.31 $621,645.81 $145,051.48 $18,920.32

TRANSFER TO: Plant Funds

16,900.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 751,783.30

B. AUXILIARY ENTERPRISES ATKINSON DINING ROOM

$ 194,607.02 $

$ 46,423.65 $146,865.85 $ 1,317.52

RESIDENCE HALLS Atkinson Beeson Bell Ennis

$

2,156.25 $

10,083.72

20,024.26

12,046.05

$ 601.58 4,689.23
12,933.35 6,606.90

$ 1,554.67 $ 5,394.49 7,090.91 5,439.15

327

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) RESIDENCE HALLS (CONTINUED) Sanford Terrell TOTAL RESIDENCE HALLS
APARTMENTS AND OTHER RENTALS Alumnae Guest House M iller Court Apartments Parkhurst Apartments Family Dwelling Units TOTAL APARTMENTS AND OTHER RENTALS
LAUNDRY
STUDENT UNION
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Plant Funds - Debt Service Plant Funds - Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
C . STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Fund C la ssifica tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 17,601.97 $ 27,323.27
$ 89,235.52 $
$ ft 666.04 $
2,347.05 5,477.23 1,710.83
$ 11,201.15 $
$ 30,840.52 $
$ 58,325.33 $

$ 10,278.87 16,287.71
$ 51,397.64

$ 7,323.10 $ 10,860.56
$ 37,662.88 $

175.00 175.00

$

843.53 $

822.51 $

934.55

1.412.50

2,359.72

3.117.51

589.69

1,121.14

$ 4,727.49 $ 6,473.66 $ $ 22,669.94 $ 8,170.58 $

$ 8,394.38 $ 47,585.63 $ 2,345.32

$ 384,209.54 $

$133,613.10 $246,758.60 $ 3,837.84

7,405.53 22,064.94

$ 413,680.01

$

$12,267.29

$1,,16 5 ,4 6 3 .3 1 $ 6 3 ,001.60

$ $755,258.91

$ 12,267.29 $ $404,077.37 $22,758.16

328

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL Baldwin County Vocational Home Economics Mamie Padgett Art Fund
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID ENDOWMENT FUNDS J . L. Beeson Scholarship Fund J . H. Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Corrie Hoyt Brown Scholarship Fund S ylvester Mumford Scholarship Fund Thomas E. M itchell Fund Anna Brown Small Fund Hallie C . Smith Scholarship Fund Blanche C . Tait Scholarship Fund Agnes Green Martin Scholarship Fund Elizabeth Andrews Scott Fund TOTAL ENDOWMENT FUNDS
GIFTS AND GRANTS W riters' Fund Thomaston M ills Scholarship Fund Junior College Scholarship M illedgeville Scholarship Fund TOTAL GIFTS AND GRANTS
TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

Balance July 1, 1959

Receipts For Year

Disbursements For Year

Balance June 30, 1960

$ (-)5, 616.60 (-)4, 606.77 405.42
$ (-)9, 817.95

$37,847.80 12,647.64
$50,495.44

$37,743.64 12,990.67
$50,734.31

$ (-) 5, 5 12.44 (-)4, 949. 80 405.42
$ ( - ) 1 0 ,0 56. 82

$ (--) 1 5 2 .5 8 $ 3 0 . 0 0

88.93

68.75

170.33

182.50

451.77

100.00

3,554.26

3,170.20

555.72

5,375.60

3,824.51

1,352.80

101.44

56.25

69.37

52.50

34.47

32.50

75.00

50.00

(--) 2 6 .3 3

13.22

$ 8,746.89 $10,484.32

$
2,715.00 4,000.00 1,925.00
100.00 $ 8,740.00

$ (--) 1 2 2. 58 157.68 352.83 551.77
4,009.46 1,931.32 3,252.31
157.69 121.87
66.97 25.00 ( - ) 1 3 . 11 $ 10,491.21

$

100.00

1,500.00

136.85

1,212.00

$ 2,948.85

$ 11,695.74

$ 1,877.79

$ 1,000.00
3,225.00 $ 4,225.00
$14,709.32
$65,204.76

$ 1,000.00
2,527.29 $ 3,527.29
$12,267.29
$63,001.60

$

100.00

1,500.00

136.85

1,909.71

$ 3,646.56

$ 14,137.77

$ 4,080.95

329

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960

BALANCE OF PRINCIPAL, JULY 1, 1959
ADDITIONS Gifts and Grants Income on Investments Receipts from Gifts in Trust National Defense Student Loan Fund TOTAL ADDITIONS
DEDUCTIONS Transferred to Restricted Funds
BALANCE OF PRINCIPAL, JUNE 3 0 , 1960

Endowment Funds
$377,878.88

Loan Funds
$60,767.59

Total $438,646.47

$

63.50

10,484.32

3,486.05

$ 14,033.87

$ 1,823.00 817.95
23,294.00 $25,934.95

$ 1,886.50 11,302.27 3,486.05 23,294.00
$ 39,968.82

$ 10,484.32 $381,428.43

$ 475.71 $86,226.83

$ 10,960.03 $467,655.26

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1960

ENDOWMENT FUNDS J. L. Beeson Scholarship Fund J. H. Chappell Scholarship Fund Faculty Scholarship Fund A. A. Lowe Scholarship Fund Corrie Hoyt Brown Scholarship Fund Sylvester Mumford Scholarship Fund Thomas E. M itchell Fund Anna Brown Small Fund Hallie C. Smith Scholarship Fund Blanche C. Tait Scholarship Fund Agnes Green Martin Scholarship Fund Elizabeth Andrews Scott Fund TOTAL ENDOWMENT FUNDS
LOAN FUNDS Atlanta G . S . C . W . Loan Fund Earl Bailey Loan Fund C a llie C . Bell D. A. R. Fund Philo S. Bennett Loan Fund

Fund Balance Tuly l f 1959

Additions

Deductions

Fund Balance June 30, 1960

$ 1,502.32 2,463.33
11,246.55 4,000.00
95,814.93 200,909.83
56,011.71 2,232.50 1,220.78 699.34 1,100.00 677.59
$377,878.88

$ 30.00 68.75
221.00 100.00 5,378.80 5,375.60 2,606.41
56.25 77.50 32.50 50.00 37.06 $14,033.87

$ 30.00 68.75
182.50 100.00 3,170.20 5,375.60 1,352.80
56.25 52.50 32.50 50.00 13.22 $10,484.32

$ 1,502.32 2,463.33
11,285.05 4,000.00
98,023.53 200,909.83
57,265.32 2,232.50 1,245.78 699.34 1,100.00 701.43
$381,428.43

$

129.26 $

500.71

256.27

1,295.38

$ 475.71
25.00

$

129.26

25.00

256.27

1,320.38

330

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF TRUST FUND BALANCES BY FUND (CONTINUED)

LOAN FUNDS (CONTINUED) Lizzie D. W . Bridges Loan Fund G. S. C. W. Student Defense History Club L. Morel Loan Fund Sylvester Mumford Loan Fund Alice W . Shinholser #1 Alice W . Shinholser #2 J o s . M . Terrell Loan Fund Thomaston M ills Loan Fund Fannie Trammell D. A. R. Loan Fund Grace Beatty W atson Loan Fund National Defense Student Loan Fund
TOTAL LOAN FUNDS

Fund Balance Tuly 1, 1959

Additions

Deductions

Fund Balance June 30, 1960

$

200.00

725.00

267.15

2,692.69

4,070.30

1,891.09

1,747.55

13,846.61

8,745.69

8,477.54

188.35

15,734.00

$ 60,767.59

$

$

42.50 72.50 30.00 30.00 224.20 180.00 213.75
25,117.00
$25,934.95 $

$ 200.00 725.00 267.15
2,735.19 4,142.80 1,921.09 1,777.55 14,070.81 8,925.69 8,691.29
188.35 40,851.00
$ 86,226.83

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Loan Funds Endowment Funds TOTAL TRUST FUNDS
TOTAL

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance June 30, 1960

$ 88,746.95 1,877.79 6,177.18
$ 96,801.92
$ 38,934.86
$149,692.52

$ 796,312.00 65,204.76
442,749.33 $1,,3 0 4 ,2 6 6 .0 9
$ 76,415.29
$ 67,147.40

$ 751,783.30 63,001.60
413,680.01 $1,,2 2 8 ,464.91
$ 76,083.69
$ 107,983.08

$133,275.65 4,080.95
35,246.50 $172,603.10
$ 39,266.46
$108,856.84

$ 28,613.09 8,504.88
$ 37,117.97
$322,547.27

$ 25,934.95 8,068.93
$ 34,003.88
$1 , 4 8 1 , 8 3 2 . 6 6

$ 28,641.71 23.84
$ 28,665.55
$ i (, 4 4 1 , 1 9 7 . 2 3

$ 25,906.33 16,549.97
$ 42,456.30
$363,182.70

331

GEORGIA STATE COLLEGE FOR WOMEN BANK BALANCES

The Milledgeville Banking Company Invested - Certificate of Deposit Exchange Bank of Milledgeville Invested - Certificate of Deposit TOTALS

Cash $216,047.63
22,135.07
$238,182.70

Time Deposits $ 115,000.00
10,000.00 $125,000.00

Total $216,047.63
115,000.00 22,135.07 10,000.00
$363,182.70

Hospitalization Insurance Account Student Bank Student Activities Account
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance Tuly 1, 1959

Receipts For Year

$ 8,125.92 8,737.66
22,071.28

$ 53,428.83 22,986.46

$38,934.86 $76,415.29

Disbursements Cash Balance

For Year

June 30, 1960

$ 994.53 50,733.77 24,355.39

$ 7,131.39 11,432.72 20,702.35

$76,083.69

$39,266.46

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

REPLACEMENT RESERVE
BUILDINGS Education Building Log Cabin (Specht) Gilstrap House (MacMahon) Chappell Hall Parks Hall Sidney Lanier Hall

Balance Tuly 1, 1959
$ 58,474.70

Receipts $22,064.94

Disbursements $

Transfers $ 51,200.03

Balance June 30, 1960
$ 29,339.61

$ 1,426.02 $

$ 1,442.09 $

$ (--) 1 6 .0 7

16.45

16.45

(--) 2 1 . 8 9

(--) 2 1 . 8 9

17,169.99

706.75

16,463.24

70.86

2,500.00

1,136.02

1,434.84

500.00

500.00

X
vii# \
m \4
m* 1
I 1*

332

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance Tulv 1. 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

BUILDINGS (CONTINUED)
Porter Hall Governor's Mansion Health and Physical Education
Building Peabody Classroom Building Russell Auditorium Terrell Hall Peabody Elementary School Atkinson Hall (Student Union)
TOTAL BUILDINGS

$ 4,039.62 14,798.34 20,048.93 1,193.15 48.35
$ 59,289.82

$ 1,500.00 8,000.00
17,500.00 3,950.00 3,000.00
2,500.00
$38,950.00

$ 13,965.21
31,307.04 4,465.92
26,812.81
2,243.33 $ 82,079.17

$
1,381.98
(-)35, 000.00 (-)5, 000.00
$(-)38, 623.46

$ 5,539.62 8,833.13
4,859.91 677.23
3,048.35 8,187.19 2,500.00 2,756.67 $ 54,784.11

IMPROVEMENTS OTHER THAN BUILDINGS
Lake Laurel Lodge and Road Tennis Court Construction Transformer Vault
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 2,500.00 11,000.00
(-)l, 372.98
$ 12,127.02

$ 350.00
$ 350.00

$ 2,629.82 11,329.84 9.00
$ 13,968.66

0<T0>
0000 r--1 T

$ (-)l, 381.98
$

$ (-)1 2 9 . 82 20.16
$ (--) 109. 66

EQUIPMENT AND FURNITURE

Art Department

$

Nursery School

Biology Department

College Laundry

Music Department

Business Administration

Home Economics Department

Education Department

Health and Physical Education

Department

English Department

Romance Languages and Literature

Chemistry Department

History and Political Science

Department

Peabody Laboratory School

Registrar's Office

Library

Atkinson Dining Hall

Governor's Mansion

Mimeograph Department

Home Management House

Research

TOTAL EQUIPMENT

$

1,054.00 129.67 441.32 42.27
1,005.00 1,705.00
81.18 25.58
300.65 92.44 12.72
711.25
26.20 50.00 45.00 400.00 334.95 32.45
6,489.68

$
100.00
400.00 1,100.00
500.00 1,250.00
250.00 $ 3,600.00

$

900.00

213.45 4,578.25
450.00 1,803.50
90.93

240.00 658.08

81.92
394.37 495.00 1,210.49 200.00 $ 11,315.99

$ 129.67
(-) 11, 550.00
25.58 92.44 12.72
50.00 45.00
$ (-)ll, 194.59

$ 154.00
227.87 7,014.02
555.00 1.50
(-) 9. 75
300.65
(- ) 2 4 0 .00 53.17
26.20
718.08 334.95 738.08
5.00 39.51 50.00 $ 9,968.28

333

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1, 1959

OTHER Campus Carillon Russell Auditorium Public Address System TOTAL OTHER

$ 13,311.30 $ 13,311.30

TOTAL BUILDINGS, IMPROVEMENTS

EQUIPMENT, AND OTHER

'$ 91 ,2 1 7 .8 2

INTEREST-TIME DEPOSITS UNASSIGNED

TOTAL

$ 91,217.82

FUND BALANCE, JUNE 3 0 , 1960

$149,692.52

Receipts $ 1,162.50 $ 1,162.50 $44,062.50
1,019.96 $45,082.46 $67,147.40

Disbursements

Transfers

$ 390.00 $
229.26 $ 619.26 $

$107,983.08 $ 51,200.03

$107,983.08 $107,983.08

$ 51,200.03 $

Balance June 30, 1960
$ 14,083.80 (--)2 2 9 . 26
$ 13,854.54
$ 78,497.27
1,019.96 $ 79,517.23 $108,856.84

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Regents' Appropriation From Educational and General Reserve From Auxiliary Enterprises Gifts and Grants From Auxiliary Enterprises Interest Earned-Time Deposits TOTAL ADDITIONS
DEDUCTIONS Buildings and Additions to Buildings Academic Buildings Dormitories Administration Building Governor's Mansion Student Union (Atkinson Hall) TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

Funds For Plant
Additions
$149,692.52

Funds For Debt
Service
$

Total $149,692.52

$ 25,500.00 16,900.00 22,064.94 500.00
2,182.46 $ 67,147.40

$
7,405.53 $7,405.53

$ 25,500.00 16,900.00
22,064.94 500.00
7,405.53 2,182.46 $ 74,552.93

$ 37,921.80 $ 26,812.81 1,136.02 13,965.21 2,243.33
$ 82,079.17 $

$ 37,921.80 26,812.81 1,136.02 13,965.21 2,243.33
$ 82,079.17

334

4
GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

117
DEDUCTIONS (CONTINUED) Improvements Other Than Buildings Transformer Vault Lake Laurel Lodge and Road Tennis Court Construction TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment and Furniture Linden struth Carillon R ussell Auditorium Furniture - Governor's Mansion Equipment - Laundry Equipment - Instructional TOTAL EQUIPMENT
Indebtedness Retired Loan Repaid - Endowment Funds
Other Deductions Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

Funds For

Funds For

Plant

Debt

Additions_______ Service__________ Total

$

9.00 $

2,629.82

11,329.84

$ 13,968.66 $

$

9.00

2,629.82

11,329.84

$ 13,968.66

390.00 229.26 394.37 4,578.25
$ 11,935.25 $

390.00 229.26 394.37 4,578.25
$ 11,935.25

$

$4,519.38 $ 4,519.38

$ $107,983.08 $108,856.84

$2,886.15 $7,405.53 $

$ 2,886.15 $115,388.61 $108,856.84

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960
INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds Expended from Auxiliary Enterprises TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960

$5,615,564.12

$ 107,983.08 18,920.32 3,837.84

130,741.24 $5,746,305.36

#

Vj i

>

335

GEORGIA STATE COLLEGE FOR WOMEN SUMMARY OF INVESTMENT IN PLANT (CONTINUED)

DEDUCT Loan Payable to Endowment Funds Equity of University System Building Authority in Scien ce Building
NET INVESTMENT IN PLANT, JUNE 30, 1960

$ 110,926.74 282,775.69

393,702.43 $5,352,602.93

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

LAND Main Campus, 19 1/2 acres Ennis - Mansion, 3 acres Mayfair Lot Peabody Lot, 2 1/2 acres Boddie Lot - Peabody Rivers Lot - Peabody Davis Lot - Peabody Gilbert Park Lot - Wilkinson and Montgomery Lot - Columbia and Green Lot - Humber Lot - Sanford Hall Government Park Lot - Montgomery and Wayne Lot - Barnes Lot - Montgomery Street Lot - Gilstrap Lot - Nursery School (Old) Lake Laurel Tract Camp Ray Lot - Montgomery Street Lot - Wilkinson Street Lot - Wilkinson and Montgomery
TOTAL LAND
BUILDINGS Sidney Lanier Hall Atkinson Hall Beeson Hall Bell Hall and Annex Chappell Hall

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

1939 1937 1940 1946 1957 1946 1946 1947 1944 1937
1934 1944 1948 1944 1950 1938 1941 1951 1951 1952

$ 110,000.00 $ 50,000.00 7,500.00 9,000.00 700.00 1,800.00 4,369.58 10,000.00 4,500.00 5,000.00 3,500.00 6,000.00 10,000.00 4,500.00 2,000.00 3,000.00 2,000.00 2,500.00 7,500.00 7,500.00 8,213.00 3,156.65 7,000.00
$ 269,739.23 $

$

$ 110,000.00

50,000.00

7,500.00

9,000.00

700.00

1,800.00

4,369.58

10,000.00

4,500.00

5,000.00

3,500.00

6,000.00

10,000.00

4,500.00

2,000.00

3,000.00

2,000.00

2,500.00

7,500.00

7,500.00

8,213.00

3,156.65

7,000.00

$

$ 269,739.23

1927 1897 1937 1925 1908

$ 111,133.62 $

$

220,127.32

2,243.33

130,605.31

234,576.40

116,165.95

706.75

$ 111,133.62 222,370.65 130,605.31 234,576.40 116,872.70

336

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

B. BUILDINGS (CONTINUED)

Education Building

1927

Ennis Hall

1918

Health and Physical Education

1939

Home Management House

1947

Ina Dillard Russell Library

1928

Alumnae G u est House

1898

Executive Mansion

1891

Mayfair

1939

Miller Hall

1943

Parkhurst Apartments

1949

Parks Hall

1925

Parks Memorial Infirmary

1929

Peabody Classroom Building

1927

Peabody Elementary School

1939

Porter Hall and Annex

1939

Russell Auditorium

1928

Sanford Hall

1939

Charles F. Herty Hall (U. S. B. A.)

1954

Terrell Hall - Proper

1909

Terrell Hall - Annex A

1922

Terrell Hall - Annex B and C

1922

Log Hut - N esbit Woods

1924

Cottage - Lake Laurel Tract

1938

Lodge - Lake Laurel Tract

1945

Maintenance Shop - Miller Hall

1944

Gilstrap House

1950

Georgia House

1952

Residence - Wilkinson and Montgomery 1952

Residence #1 - Wilkinson Street

1952

Residence #2 - Wilkinson Street

1952

Nursery School - New Building

1957

Physical Plant Warehouse

1957

TOTAL BUILDINGS

C . IMPROVEMENTS OTHER THAN BUILDINGS Electric Water Coolers Tennis Courts Landscaping and Shubbery Campus Bell System Bessie Lindenstruth Carillons Campus Heating System Campus Electrical Distribution System and Transformer Vaults Campus Water Distribution System

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

68,076.95 134,420.18 156,009.93
37,500.00 119,876.40
76,503.34 111,885.13
26,174.78 50,000.00 157,502.33 166,512.12 53,597.78 76,212.32 130,000.00 110,830.63 139,926.65 162,103.66 358,185.81 145,773.28 62,707.62 138,207.62
4,283.55 10,511.11 21,000.00 50,000.00
6,996.89 15,001.60 11,600.00
6,298.29 5,500.00 45,768.75 27,595.61 $3,499,170.93

$ 1,442.09 31,307.04 13,965.21 1,136.02 4,465.92
24,417.90 2,394.91 2,629.82
$ 84,708.99

$

$ 69,519.04

134,420.18

187,316.97

37,500.00

119,876.40

76,503.34

125,850.34

26,174.78

50,000.00

157,502.33

167,648.14

53,597.78

80,678.24

130,000.00

110,830.63

139,926.65

162,103.66

358,185.81

170,191.18

65,102.53

138,207.62

4,283.55

10,511.11

23,629.82

50,000.00

6,996.89

15,001.60

11,600.00

6,298.29

5,500.00

45,768.75

27,595.61

$______________$ 3 , 5 8 3 , 8 7 9 . 9 2

$

3,500.00 $

286.00 $

2.750.00

11,329.84

13,000.00

2.760.00

36,688.70

390.00

200, 000.00

69,776.48 26,647.93

9.00

$ 3,786.00 14,079.84 13,000.00 2,760.00 37,078.70
200, 000.00
69,785.48 26,647.93

337

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired
C . IMPROVEMENTS OTHER THAN BUILDINGS (CONTINUED) Swimming Pool - Gilbert Park W e ll and Pump House - Lake Laurel Spillways - Lake Laurel TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administrative Offices Parks Memorial Infirmary Extension Office Russell Library Instructional Departments General Liberal Arts Depts. General Scien tific Equipment Research Equipment Activities Related to Instructional Depts. Physical Plant Equipment Governor's Mansion U n classified Equipment General Campus Auxiliary Enterprises Dining Hall and Kitchen Cafeteria Residence Halls Parkhurst Apartments College Laundry Student Union TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Deductions

$ 25,000.00 $

$

4,000.00

9,400.00

$ 393,523.11 $ 12,014.84 $

$ 37,790.26 $ 1,933.73 $

11,223.54

222.80

1,528.95

327,170.82

10,078.34

325,134.38 20,098.03 5,021.39

7,634.04 2,186.34
237.24

11,861.70 225,179.45
5,867.55

1,807.19 394.37

5,387.73

1,107.27

151,603.21

1,317.52

16,028.77

218,530.91

175.00

11,738.75

50,355.90

4,578.25

28,609.51

2,345.32

$1,453,130.85 $ 34,017.41 $

$5,615,564.12 $130,741.24 $

Investment End Of Year
$ 25,000.00 4,000.00 9,400.00
$ 405,537.95
$ 39,723.99 11,446.34 1,528.95
337,249.16
332,768.42 22,284.37 5,258.63
13,668.89 225,179.45
6,261.92
6,495.00
152,920.73 16,028.77
218,705.91 11,738.75 54,934.15 30,954.83
$1-, 4 8 7 , 1 4 8 . 2 6
$5,,7 4 6 ,3 0 5 .3 6

338

Georgia Southern College FINANCIAL REPORT
For the Year Ended June 30, I960

GEORGIA SOUTHERN COLLEGE Collegeboro, Georgia

Zach S. Henderson
President

William M. Dewberry
Comptroller

339

GEORGIA SOUTHERN COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Petty Cash Accounts Receivable Bulloch County Veterans Administration Central Stores Inventory TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Petty Cash Bonds Stores Inventory Bookstore Industrial Arts Dining Hall Snack Bar TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank

$
$15,561.53 114.00

91,533.77 2, 000.00
15,675.53 12,875.00
$ 122,084.30

$ (--)3 , 9 6 1 .5 2 500.00
124,793.50

$16,155.66 2,500.00
16,609.82 214.59

35,480.07

156,812.05 $ 278,896.35

$ 19,833.57

TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable
TOTAL STUDENT NOTES RECEIVABLE
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary Investments - U. S . Treasury Notes TOTAL UNEXPENDED

$ 2,380.89 25,808.00

19,833.57 28,188.89

$ 89,737.70 395,644.00 $ 485,381.70

340

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus
TOTAL GENERAL FUNDS
B. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus

GEORGIA SOUTHERN COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

$

1,781.92

7,615.14

57,234.83

20, 000.00

35,452.41

$ 122,084.30

$ 1,194.00 42,597.38 35,480.07 77,540.60

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Unearned Income Fund Balance
TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

156,812.05 $ 278,896.35

$ 3,700.00 16,133.57

19,833.57

28,188.89

28,188.89

65,592.56 419,789.14
$ 485,381.70

341

GEORGIA SOUTHERN COLLEGE

BALANCE SHEET June 30, 1960

ASSETS (CONTINUED)

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

$ 48,899.00 3,371,270.81 106,500.82 878,258.43

$4,404,929.06

$4,890,310.76

$5,217,229.57

342

GEORGIA SOUTHERN COLLEGE

BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Net Investment in Plant

$1,363,242.72 3,041,686.34

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

GEORGIA SOUTHERN COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Matriculation - Fall, 1960 Health Service Cap, Gown, and Diploma Fees Summer School Other Student Fees TOTAL STUDENT FEES
SALES AND SERVICES Nursery School Home Management TOTAL SALES AND SERVICES
PUBLIC APPROPRIATIONS State of Georgia Bulloch County TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCES General Extension Interest Income Federal Grant (Bogitsh) TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES STUDENT STORES Bookstore Industrial Arts Snack Bar TOTAL STUDENT STORES
DORMITORIES Anderson Cone Deal Lewis Sanford Auxiliary Housing TOTAL DORMITORIES
DINING HALL

$ 6,845.95 146,715.35 20,200.00 12,483.50 3,352.30 31,359.03 6,234.91

$ 227,191.04

$

1,316.50

2,434.00

3,750.50

$ 553,000.00 52,695.26

605,695.26

$

500.00

660.67

2,564.00

3,724.67

$ 840,361.47

$ 45.136.82 1,147.53
22.773.82 $ 69,058.17

$ 32,582.72 32,744.38 20,775.96 28,841.52 29,401.65 4,029.00

148,375.23 251,857.61

344

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)
B. AUXILIARY ENTERPRISES INTEREST INCOME UNEARNED INCOME TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 7,766.76 6,965.76 $ 484,023.53 $1,324,385.00

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION Business Office President's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE Faculty and Staff Benefits General Institutional Expense Public Relations TOTAL GENERAL EXPENSE
STUDENT WELFARE Director of Student Affairs Student Health Service Placement Bureau TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean's Office Fine and P ractical Arts Commerce Education

_________________________ O b je ct C la s s ific a tio n __________

Salaries

Operating

and

Supplies and

Total

Wages

Expense

Equipment

$ 23,039.60 19,202.53 10,066.77
$ 52,308.90

$ 20,655.53 16,629.84 9,428.88
$ 46,714.25

$ 1,369.83 535.88 572.89
$ 2,478.60

$ 1,014.24 2,036.81 65.00
$ 3,116.05

$ 20,124.11 17,301.05 12,486.66
$ 49,911.82

$ 1,432.92 17,301.05
9,521.50 $ 28,255.47

$ 18,691.19 $

1,585.38

1,379.78

$ 20,276.57 $ 1,379.78

$ 16,944.78 7,771.67 1,315.05
$ 26,031.50
$ 113,773.35
$ 46,049.72

$ 15,555.53 5,497.42 1,125.00
$ 22,177.95
$ 58,433.30
$ 28,918.90

$ 1,235.74 $ 2,274.25 190.05
$ 3,700.04 $

153.51 153.51

$ 53,323.17 $ 2,016.88

$ 1,097.98 $16,032.84

$ 11,639.88 36,292.14 32,917.53 59,644.94

$ 10,497.02 32,195.26 30,149.88 54,624.80

$ 1,026.75 3.589.89 1,740.35 3.286.89

$ 116.11 506.99
1,027.30 1,733.25

345

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED) INSTRUCTION (CONTINUED) Exact Science Languages Home Economics Music Physical Education Social Science Summer School TOTAL INSTRUCTION

$ 50,349.08 48,801.22 24,666.82 32,772.98 43,735.54 33,253.20 54,777.63
$ 428,850.96

$ 43,449.24 47,613.16 21,663.75 30,059.88 38,449.38 31,974.84 53,290.75
$393,967.96

$ 6,726.67 685.85
1,921.35 1,867.85 2,307.14
577.91 1,486.88 $ 25,217.53

$ 173.17 502.21
1,081.72 845.25
2,979.02 700.45
$ 9,665.47

ACTIVITIES RELATED TO INSTRUCTION

Laboratory School

$

Home Management House

Nursery School TOTAL ACTIVITIES RELATED TO INSTRUCTION $

NET WAREHOUSE EXPENDITURES

$

RESEARCH

$

93,773.60 1,594.75 1,724.79
97,093.14
1,496.37
1,913.30

$ 88,010.40

718.25 $ 88,728.65

$

$

787.50

$ 4,386.98 1,594.75 815.13
$ 6,796.86

$ 1,376.22
191.41 $ 1,567.63

$ 1,496.37 $

$ 1,125.80 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 817,429.06 $667,983.98 $115,512.92 $33,932.16

TRANSFERS TO: Plant Funds Over and Short

10,500.00 33.45

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 827,962.51

B. AUXILIARY ENTERPRISES STUDENT STORES Bookstore Industrial Arts Snack Bar TOTAL STUDENT STORES

$ 59,833.05 1,768.92
20,756.86 y 82,358.83

$ 9,025.24
6,681.07 $ 15,706.31

$ 50,646.81 $ 161.00

1,768.92

13,596.71

479.08

$ 66,012.44 $ 640.08

DORMITORIES Anderson Cone Deal Lewis Sanford

$ 14,604.62 19,877.09

$ 8,156.49 10,034.81

$ 5,060.33 $ 1,387.80

8,830.66

1,011.62

13,725.59

8,406.21

5,164.23

155.15

13,109.69

7,379.68

4,703.09

1,026.92

21,428.49

11,228.69

8,250.69

1,949.11

346

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) DORMITORIES (CONTINUED) Auxiliary Housing TOTAL DORMITORIES
DINING HALL
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Plant Funds Plant Funds - Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 3,017.59 $ 85,763.07
$ 224,861.25

$ 1,909.16 $ 47,115.04
$ 58,722.52

$ 1,108.43 $ $ 33,117.43 $ 5,530.60
$153,168.35 $12,970.38

$ 392,983.15 $121,543.87 $252,298.22 $19,141.06

76,750.00 23,426.64

$ 493,159.79 $1,,2 1 0 ,4 1 2 .2 1

$789,527.85

$367,811.14 $53,073.22

STATEMENT OF STUDENT LOAN FUND For Year Ended June 30, 1960
CASH BALANCE, JULY 1, 1959
ADDITIONS Grant Under National Defense Act Donation from Z. S. Henderson Donation from Rosenwald Scholarship Fund Donation from G . S. C . Alumni Fund Donation from American Legion Dextor Allen Post Donation from Statesboro Rotary Club TOTAL ADDITIONS
CASH BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Student Loans Made
CASH BALANCE, JUNE 30, 1960

$ 1,498.34

$19,004.00 115.10 550.00 608.78 697.11 140.56

21,115.55 $22,613.89

20,233.00 $ 2,380.89

347

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
PLANT FUNDS AGENCY FUNDS STUDENT LOAN FUNDS TOTALS
Bulloch County Bank Sea Island Bank Petty Cash Temporary Investments
Regents Office Sea Island Bank Bulloch County Bank TOTAL
STUDENT ACTIVITIES Activity Fees - General Athletic Activities George-Anne Reflector Campus Social Activities

GEORGIA SOUTHERN COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance June 30, 1960

$ 81,134.81 130,468.24
$211,603.05
$635,409.49
$ 15,917.12
$ 1,498.34
$864,428.00

$ 840,361.47 484,023.53
$1,324,385.00
$ 149,406.64
$ 115,224.19
$ 21,115.55
$1,,6 1 0 ,1 3 1 .3 8

$ 827,962.51 493,159.79
$1.,3 2 1 ,1 2 2 .3 0
$ 297,888.06
$ 111,307.74
$ 20,233.00
$1,,7 5 0 ,5 5 1 .1 0

$ 93,533.77 121,331.98
$214,865.75
$485,381.70
$ 19,833.57
$ 2,380.89
$722,461.91

BANK BALANCES

$ 100, 000.00 295,644.00 124,793.50

$158,362.25 41,162.16 2,500.00
520,437.50 $722,461.91

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

29,872.75 16,933.38
2,508.08 2,528.50

29,291.94 5,961.79 7,583.91 6,050.42

348

GEORGIA SOUTHERN COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

STUDENT ACTIVITIES (CONTINUED) Artist Series Student Council TOTAT STUDENT ACTIVITIES
STUDENT BANK STUDENT INSURANCE
APPLICATION DEPOSITS
BUS ACCOUNT
OVER AND SHORT
WASHERS AND DRYERS
VENDING MACHINES
UNEARNED INCOME
TOTAL AGENCY FUNDS

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$

$ 2,655.05

$ 7,242.93

$

14.50

$ 3,270.00

$ 1,799.47

$

98.47

$ 606.57

$ 230.13

$

$15,917.12

$ $ 51,842.71 $ 55,927.83 $ 5,481.40 $ $ 1,972.25 $ $ $ $ $115,224.19

$ 1,000.00 368.93
$ 50,256.99

$ 54,954.99

$ 5,481 ; 40

$

$

614.36

$

$

$

$

$111,307.74

$

$ 4,240.77

$ 8,215.77

$ 14.50

$ 3,270.00

$ 3,157.36

$

98.47

$ 606.57

$ 230.13

$

$19,833.57

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Replacement Reserve Adminstration Building Repairs Student Center Business Office Special Equipment Music-Business Alumni Hall Industrial Arts Library Roof West Hall Administration Building Repairs Building Authority Rentals

Balance Tuly 1, 1959
$ 42,165.92 94.65
113,196.26 (-)32.00 211.71 8,087.16 6,500.42
435,283.90 , 102.00 96.75
16,417.23

Receipts $ 23,426.64
15,750.00

Disbursements
$
108,315.10
1,056.50 1,732.44 145,499.43
523.13
520.45 15,750.00

Transfers
$ 94.65
(-)32.00 32.00
2,000.00 3,000.00
578.87 96.75
638.50

Balance June 30, 1960
$ 65,592.56
4,881.16
179.71 5,030.66 1,767.98 289,784.47
15,258.28

349

GEORGIA SOUTHERN COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

New Dormitory Plant Fund Balance Campus Improvements Sewerage Disposal Gym Seats Lewis Hall Wiring Home Management McCroan Hall Roof
TOTAL

Balance July 1. 1959 $ (--) 3 6 5 . 0 0
12,650.49
$635,409.49

Receipts
$ 18,730.00 20,000.00
7,500.00 6,000.00 55,000.00 3,000.00
$149,406.64

Disbursements

Transfers

$ H 365.00

$

10,203.61 3,879.99 6,830.00 5,198.78 150.00 140.00

(-)4, 000.00 (--)3 , 8 7 9 .9 9
670.00 801.22

$299,434.43

$

Balance June 30, 1960
$ 31,380.49 13,796.39
54,850.00 2,860.00
$485,381.70

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Income State of Georgia Appropriations Interest TOTAL INCOME
Transfers From: Educational and General Funds Auxiliary Funds TOTAL TRANSFERS

TOTAL ADDITIONS

BALANCE, JULY 1, 1959, PLUS ADDITIONS

DEDUCTIONS

Expended for Plant Additions and Improvements

Buildings and Additions to Buildings

Wiring Lewis Hall

$ 5,198.78

Dining Hall-Student Center

77,278.10

Industrial Arts

145,499.43

TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

Improvements Other Than Buildings

Campus Improvements Sewerage Disposal

$ 10,203.61 3,879.99

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 20, 000.00 18,730.00
$ 10,500.00 100,176.64
$227, 976.31 14,083.60

$635,409.49

$ 38,730.00

110,676.64

149,406.64 $ 784 8 l 6 13

350

GEORGIA SOUTHERN COLLEGE

STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED)

Expended for Plant Additions and Improvements (Continued)

Equipment Dining Hall-Student Center Loose Equipment

$ 31,037.00

Gym Seats

6, 830.00

TOTAL EQUIPMENT

$ 37,867.00

TOTAL EXPENDED FOR PLANT ADDITIONS

Expenditures Not Capitalized Repairs Music-Business Alumni Hall Library Roof Administration Building McCroan Hall Plans Home Management New Dormitory Plans Expense Credit Building Authority Rentals

$ 1,056.50 1,732.44 523.13 520.45 140.00

$ 3,972.52 150.00
(- )3 6 5 .00 15,750.00

TOTAL EXPENDITURES NOT CAPITALIZED

TOTAL DEDUCTIONS

BALANCE, JUNE 30, 1960

$279,926.91 19,507.52

$299,434.43 $485,381.70

SUMMARY OF INVESTMENT IN PLANT As of June 30 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Fund%and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Buildings Removed
INVESTMENT IN PLANT, JUNE 30, 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1960

$3,813,843.65

$ 279,926.91
33,932.16 19,141.06 319,191.29

652,191.42 $4,466,035.07

_____6 1 , 1 0 6 . 0 1 $4,404,929.06

1, 363,242.72 $3,041,686.34

351

GEORGIA SOUTHERN COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

A. LAND Campus

1907

$ 48,899.00 $

$

$ 48,899.00

B. BUILDINGS Administration Marvin Pittman School B usiness-M usic Building New Science Building Old Science Building
Library Anderson Hall Lewis Hall Sanford Hall Deal Hall Cone Hall (Building Authority)

1907 1937-53 1932-53 1947 1936 1937 1907 1937 1937 1907 1954

Anderson Hall Dining Hall

1932

Gymnasium (Alumnae)

1932

Industrial Arts Health Cottage Store-Post Office Home Management

1948 1936 1936 1934

President's Old Home #1 Pecan Cottage #2 Paige House #3 Watchman's Cottage #4
Farm House #5 Sycamore Cottage #6

1935 1935 1939 1938 1934 1938

Physical Education Bldg. (Bldg. Auth.)1955

Pump House Reel House President's Home Nursery School Warehouse Dining Hall-Student Center

1938 1938 1954 1953 1957 1958

Classroom Building (Herty Hall)

(Building Authority)

1958

Arts-Industrial Arts Building

1959

H. H. F . A. Girl Dormitory

1959

TOTAL BUILDINGS

$ 192,155.12 416,988.34 37,176.17 15,926.28 12,179.73 73,514.06 98,641.92 64,683.95 85,637.70 95,497.73 351,857.57 30,000.00 46,725.13 36,022.50 13,877.66 3,000.00 13,557.90 6,000.00 4,000.00 5,000.00 3,500.00 4,500.00 5,000.00 287,268.92 300.00 200.00 49,827.38 30,259.02 44,328.34 495,658.76
359,749.65 14,716.10
$2,897,749.93

$
5,198.78
6,830.00
77,278.10 233,364.14 145,499.43
66,456.44 $534,626.89

$ 15,926.28 12,179.73
30,000.00 3,000.00

$ 192,155.12 416,988.34 37,176.17
73,514.06 98,641.92 69,882.73 85,637.70 95,497.73 351,857.57
46,725.13 8 b ,022.50 13,877.66
13,557.90 6,000.00 4,000.00 5,000.00 3,500.00 4,500.00 5,000.00
294,098.92 300.00 200.00
49,827.38 30,259.02 44,328.34 572,936.86

$61,106.01

593,113.79 160,215.53
66,456.44 $3,371,270.81

C. IMPROVEMENTS OTHER THAN BUILDINGS

Swimming Pool

1950-53 $ 14,647.59 $

Deep W ell #1

1938

12,118.99

Deep W ell #2

1956

18,491.35

$

$ 14,647.59

12,118.99

18,491.35

352


1V 1'mJ.m* \ * *

u*
A M L 1A
1
A j| XX

JA M
A0 ,i,y^ * * ij * vr Af lj
h gf, *

y M *
m

tm
Aj
IF LA 1 > i 4
9A Tm T

A#

*
rk>>?

^

p

y yHr * kp)rL .

Lr

m/ yV"!>i*

* *

1

.

mm 1 V
fSijP j* V 0

vi y

X - * %s> j-
VX >]
**

A* 4 i

Ufi
>*

t

i

VM

** <1 **

fa V5h.*, **

h*

y. r \

M

. r

jj

fuU *

Vi 4
i< > *

GEORGIA SOUTHERN COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired^

Investment Beginning Of Year

c . IMPROVEMENTS OTHER THAN BUILDINGS (CONTINUED) Stadium Landscape and Drainage
Heating System Electrical System
TOTAL IMPROVEMENTS OTHER
THAN BUILDINGS

1950

$

2,803.76

8,562.82

27,505.80

8,286.91

$ 92,417.22

D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Marvin Pittman School (Building Authority) Dormitories Dormitories (Building Authority) Dining Hall P resident's Home Store W . S. Hanner Building (New Gym) (Building Authority) Classroom Building (Herty Hall) TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 32,056.89 122,947.89 125,773.85 233,941.70 18,891.53 112,468.50 28,652.34 49,234.68 4,500.00 14,285.67
32,024.45
$ 774,777.50
$3 , 8 1 3 , 8 4 3 . 6 5

Additions
$ 14,083.60
$ 14,083.60
$ 4,649.34 2,016.88
16,032.84 9,856.88 1,376.22 5,530.60
44,647.46
19,370.71 $103,480.93 $652,191.42

Deductions

Investment End Of Year

$

$

2,803.76

22,646.42

27,505.80

8,286.91

$

$ 106,500.82

$

$ 36,706.23

124,964.77

141,806.69

243,798.58

20,267.75

117,999.10

28,652.34

93,882.14

4,500.00

14,285.67

32,024.45

19,370.71

$

$ 878,258.43

$ 6 1 ,1 0 6 .0 1 $4 4 0 4 ,9 2 9 .0 6

yW k hi

353

4
fe S f. 4k
jafj %
' ^
' H v *

Valdosta State College FINANCIAL REPORT
For the Year Ended June 30, I960

fe lt

VALDOSTA STATE COLLEGE Valdosta, Georgia

J . Ralph Thaxton
President

Shealy McCoy
Comptroller

355

VALDOSTA STATE COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

I . CURRENT FUNDS A. GENERAL Cash Accounts Receivable Stores (Inventory)
TOTAL GENERAL FUNDS
B. AUXILIARY Cash Accounts Receivable Stores (Inventory)
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash
HI. ENDOWMENT FUNDS Cash Notes Receivable Investments University System Building Authority Bonds U. S. Treasury Bonds Common Stock
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOANS Cash Student Notes Receivable University System Building Authority Bonds
TOTAL STUDENT LOANS
V. PLANT FUNDS A. UNEXPENDED Cash
TOTAL UNEXPENDED

$ 80,923.19 196.00
3,887.00
$ 85,006.19

$ 97,264.80 1,785.75
14,868.84

113,919.39 $ 198,925.58

43,173.91

$ 1,884.86 844.60

$

5,987.91

4,000.00

1,943.04

11,930.95

14,660.41

$ 4,235.83 6,263.52 3,068.17

13 ' 5 6 7 * 52

$ 26,610.47 3 26,610.47

356

I &4
L iK \ ~*
fY

I . CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
i i . AGENCY FUNDS Fund Balance
i n . ENDOWMENT FUNDS Fund Balance

VALDOSTA STATE COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

$ 2,930.03 19,179.25 10, 000.00 52,896.91
1,761.55 14,868.84
5,098.00 92,191.00

85,006.19
113,919.39 $ 198,925.58 43,173.91
14,660.41

f t f *t

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOANS Fund Balance
TOTAL STUDENT LOANS
V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

$ 13,567.52

14,660.41

13,567.52

$ 14,601.82 12,008.65 $ 26,610.47

357

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

VALDOSTA STATE COLLEGE
BALANCE SHEET June 30, 1960

$ 257,500.00 2,314,595.80 202,969.16 470,855.21

$3,245,920.17

$3,272,530.64

$3,542,858.06

A yK a*

m 5
)I H

358

VALDOSTA STATE COLLEGE

BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)

V. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of U niversity System Building Authority Net Investment in Plant

$ 547,992.32 2, 697, 927.85

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$3,245,920.17 $3,272,530.64 $3,542,858.06

359

VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL STUDENT FEES
M atriculation M atriculation Deposits Non-Resident Tuition Health Service Summer School Other Student Fees
TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia
OTHER SOURCES Transfer University of Georgia Interest Income TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Ashley Hall Converse Hall Reade Hall TOTAL DORMITORIES
STUDENT CENTER
LAUNDRY
INTEREST INCOME
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

83,785.00 2,271.25 6.090.00 7,210.80
17,402.75 3.007.00

$119,766.80

326,000.00

1 ,000.00 900.00

1,900.00

$447,666.80

$102,954.92

$ 13,137.50 11,343.61 14,908.95

39,390.06 77,743.19
8.015.75 1.153.75

229,257.67 $676,924.47

VO k Ik
Ii

360

VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's O ffice Comptroller's Office Registrar's O ffice TOTAL ADMINISTRATION
GENERAL EXPENSE Faculty and Staff Benefits Public Relations General Institutional Expense TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Men Dean of Women Student Hospital TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Academic Dean Art Biology Business Administration Chemistry Education English M athem atics and Physics Modern Foreign Languages M usic Physical Education Sociology and History Speech Summer School TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

Total

Salaries and W ages

O bject C lassification

Operating

Supplies and

Expense

Equipment

$ 16,382.71 20,105.77 12,979.35
$ 49,467.83

$ 15,600.00 18,931.96 11,845.57
$ 46,377.53

$ 582.71 773.81 733.78
$ 2,090.30

$ 200.00 400.00 400.00
$ 1,000.00

$ 15,029.03 $ 9,588.54 $ 5,440.49 $

5,868.36

4,846.92

1,021.44

10,927.82

377.77

10,550.05

$ 31,825.21 $ 14,813.23 $ 17,011.98 $

$

850.00

4,506.62

6,721.97

$ 12,078.59

$ 76,207.17

$ 19,391.52

$

800.00

4,145.00

5,728.00

$ 10,673.00

$ 34,484.05

$ 13,092.45

$

50.00

361.62

693.97

$ 1,105.59

$ 40,489.96

$ 249.12

$
300.00 $ 300.00
$ 1,233.16 $ 6,049.95

$ 8,333.00 10,066.24 21,704.40 25,522.57 14,017.75 18,933.86 22,985.10 22,224.23 6,168.91 14,518.99 18,229.35 21,754.41 6,138.16 14,970.00
$225,566.97

$ 8,233.00 9,258.40
19,982.50 23,000.00 12,890.00 17,724.40 22,500.00 19,300.00
6,100.00 13,236.10 16,628.20 21,394.00
5,844.10 14,970.00 $211,060.70

$ 100.00 730.84
1,339.94 1,154.07 1,127.75 1,140.01
485.10 433.36
68.91 743.06 948.35 360.41
44.44
$ 8,676.24

$ 77.00
381.96 1,368.50
69.45
2,490.87
539.83 652.80
249.62
$ 5,830.03

$414,537.29 $330,500.96 $ 69,623.19 $14,413.14

li
VALDOSTA STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) STORES CONTROL
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
B. AUXILIARY ENTERPRISES DORMITORIES Ashley Hall Converse Hall Reade Hall TOTAL DORMITORIES
STUDENT CENTER
DINING HALL
LAUNDRY
SOCIAL SECURITY
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFER TO: Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES
TOTAL DISBURSEMENTS

Total

Salaries and
W ages

O bject C lassification

Operating

Supplies and

Expense

Eguipment

$ 1,490.54

18,658.00

$434,685.83

$ 12,360.01 $ 7,912.81 $ 4,447.20 $

11,741.95

7.400.49

4,341.46

8,386.81

5.197.49

3,189.32

$ 32,488.77 $ 20,510.79 $ 11,977.98 $

$ 69,599.02 $ 13,656.55 $ 55,942.47 $

$ 82,996.86 $ 26,871.27 $ 56,125.59 $

$ 4,837.90 $

175.00 $ 4,662.90 $

$ 1,519.00 $ 1,519.00 $

$

$191,441.55 $ 62,732.61 $128,708.94 $

11,090.00 $202,531.55 $605,978.84 $637,217.38

$393,233.57

$198,332.13

$14,413.14

362

I

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND BALANCES
For Year Ended June 30, 1960
BALANCE OF PRINCIPAL, JULY 1, 1959 ADDITIONS
Income on Investm ents and In terest Valdosta Drug Company Scholarship Fund
TOTAL ADDITIONS BALANCE OF PRINCIPAL, JUNE 3 0 , 1960

Endowment Funds
$14,127.28

Loan Funds
$12,365.52

$ 533.13 $ 533.13 $14,660.41

$ 202.00 1,000.00
$ 1,202.00
$13,567.52

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 3 0 , 1960

ENDOWMENT FUNDS Chapel Fund Claude Davis Ingram S . M . A. Hutchinson Memorial TOTAL ENDOWMENT FUNDS
LOAN FUNDS Senior Honor Society W ar Bond Scholarship September 14th Fund Kate Bentley G irl's Fund Archie G riffin U. D. C . (Brooks County) C lass of 1922 Louise Sawyer Anne Singletary Jewel Whitehead K. F . Lampkin W . R. Dewberry Frances DeLoach Memorial Fund Valdosta Drug Company Scholarship Fund TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund B alance July 1, 1959

Additions

Fund Balance June 30, 1960

$ 2,625.61 8,161.92 3,339.75
$14,127.28

$ 97.50 293.26 142.37
$ 533.13

$ 2,723.11 8,455.18 3,482.12
$14,660.41

$ 1,142.83 4,190.18 2,378.62 77.46 160.17 256.20 500.00 126.46 79.86 15.00 533.21 106.48 853.05 1,003.00 943.00
$12,365.52
$26,492.80

$ 35.50 60.44 3.24 6.76 10.80 7.80 5.40 3.24
22.14 4.32
35.36 7.00
1,000.00 $1,202.00
$1,735.13

$ 1,142.83 4,225.68 2,439.06 80.70 166.93 267.00 507.80 131.86 83.10 15.00 555.35 110.80 888.41 1,010.00 1,943.00
$13,567.52
$28,227.93

VALDOSTA STATE COLLEGE
STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1960

ENDOWMENT FUNDS CLAUDE DAVIS INGRAM U niversity System Building Authority Nos. 350 9-35 14 U niversity System Building Authority No. 4648 Government Bonds U. S. Treasury U. S. Treasury, Series G U. S. Treasury, Series G TOTAL CLAUDE DAVIS INGRAM
SALLIE MORTON ARCHER HUTCHINSON Common Stock Illin o is C entral Railroad - 66 sh a re s, no par value
CHAPEL FUND U niversity System Building Authority Revenue Bond No. 4128 U niversity System Building Authority Revenue Bond N os. 3 5 0 9 - 3 5 1 4 TOTAL CHAPEL FUND
TOTAL ENDOWMENT FUNDS
LOAN FUNDS U niversity System Building Authority Revenue Bonds No. 4649 - W ar Bond Scholarship Fund N os. 3 509 -3 5 14 - Other Loan Funds
TOTAL LOAN FUNDS
TOTAL TRUST FUND INVESTMENTS

Rate Of Interest

Date Of M aturity

Book Value

4.5 3%
2.75 2 .5 2 .5

11- 1-73 10- 1-74
12-15-65 8- 1-62
11- 1-62

$ 2,511.39 1,012.16
1,500.00 1,500.00 1,000.00 $ 7,523.55

$ 1,943.04

3% 4 1/2%

6- 1-72 11- 1-73

$ 940.85 1,523.51
$ 2,464.36
$11,930.95

3% 4 1/2%

10- 1-74 11- 1-73

$ 1,012.17 2,056.00
$ 3,068.17
$14,999.12

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 67,942.22 70,538.68
$138, 480.90

$447,666.80 229,257.67
$676,924.47

$434,685.83 202,531.55
$637,217.38

XV

$ 80,923.19 97,264.80
$178,187.99

364

A r
A* *4 ij
pi 4
W iA A
<4- >**
A Mjf i*
A
y1
V
V
A
A, f AA
s. 4
'V$ P V
1 >?

)* ,, V \\
K h+
Ji ;[ A > a x
) k
|r* 4 i*
T
di
4

VALDOSTA STATE COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash Balance July l f 1959
$ 36,175.12
$ 31,401.19

Receipts For Year
$ 73,802.69
$ 67,795.50

Disbursements Cash Balance

For Year

Tune 3 0, 1960

$ 66,803.90

$ 43,173.91

$ 72,586.22

$ 26,610.47

$ 567.33 3,593.08
$ 4,160.41
$210,217.62

$ 1,317.53 2,743.50
$ 4,061.03
$822,583.69

$ 2,100.75
$ 2,100.75
$778,708.25

$ 1,884.86 4,235.83
$ 6,120.69
$254,093.06

Student Activities Student Bank
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance Tulv 1, 1959
$33,968.34 2,206.78
$36,175.12

Receipts For Year
$40,221.75 33,580.94
$73,802.69

Disbursements Cash Balanc

For Year

Tune 3 0, 1960

$33,514.99 33,288.91

$40,675.10 2,498.81

$66,803.90

$43,173.91

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960

R es. for Interest Income Purchase of U tility Lines
Ashley Hall Boiler and Steam Line Repairs Renovation Exterior - Ashley, Reade,
Converse, W est Halls W alks Lawn Mowing Equipment Annex W est Hall

Balance Tuly 1, 1959
5,031.12 1,262.65
289.23

Receipts $ 187.50
11,858.39
26,001.61 2,500.00
16,158.00

D isb u rsem en ts
11,858.39 1,262.65
25,012.41 2,351.75
16,158.00

Transfers

Balance June 30, 1960
$ 187.50
5,031.12

989.20 289.23 148.25

365

VALDOSTA STATE COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Educational Equipment W arehouse and Central Storage Auxiliary Replacement Fund Furniture for Dormitories
TOTAL

Balance July 1, 1959
$ 5,168.40 983.10
10,011.82 8,654.87
$31,401.19

Receipts $
11,090.00
$67,795.50

D isb ursem en ts

Transfers

Balance June 30, 1960

$ 2,254.94 22.72
13,665.36

$
6,500.00 (-)6, 500.00

$ 2,913.46 960.38
14,601.82 1,489.51

$72,586.22

$

$26,610.47

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Income State of Georgia Interest on Investments TOTAL INCOME
Transfers From Educational and General Funds Auxiliary Enterprise Funds TOTAL TRANSFERS
TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Ashley Hall Converse Hall Reade Hall W est Hall W est Hall Annex
Improvements Other Than Buildings Boiler and Steam Lines U tility Lines
Equipment Dormitory Furniture Educational Grounds

$31,401.19

$37,860.00 187.50

$38,047.50

$18,658.00 11,090.00

29,748.00

67,795.50 $99,196.69

$ 6,135.00 8,060.00 2,501.61 8,248.00
16,158.00

$41,102.61

$ 1,262.65 11,858.39

13,121.04

$13,665.36 2,254.94 2,351.75

366

* <*

V
r
;r
kY *
XA .) 1 Si %
>4 ' .* ih
r Vr v
V; !
3

VALDOSTA STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Equipment (Continued) W arehouse TOTAL EXPENDED FOR PLANT ADDITIONS
Other Expenditures Not Capitalized
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1960

$ 22.72

$18,294.77 $72,518.42
67.80

$72,586.22 $26,610.47

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and G eneral Funds and Included in Current Expenditures Expended by U niversity System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Adjustments for Prior Years for Equipment
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of U niversity System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$3,152,339.30

$ 72,586.22

14,413.14 12,902.98

99,902.34

$3,252,241.64

6,321.47 $3,245,920.17

547,992.32 $2,697,927.85

*

<1 ( f 0

367

VALDOSTA STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Investment Beginning
Of Year

LAND Main Campus, 60 acres North Campus, 43 acres
TOTAL LAND

$ 150,000.00 107,500.00
$ 257,500.00

BUILDINGS

Main Campus

Library

$ 60,000.00

Library Annex (Building Authority)

126,973.40

W est Hall

185,753.11

Annex W est Hall

Annex W e st H all (Building Authority)

Gymnasium

69,276.53

W arehouse

17,410.28

Converse Hall

153,958.66

Ashley Hall

165,814.19

Reade Hall

105,500.91

Bath House

23,000.00

Log Cabin

8,797.61

Boiler House

20,000.00

P resid en t's Home

40,499.55

Garage and Workshops

1,150.00

Dining H all (Building Authority)

296,112.53

Physical Education Building

7,677.00

P h y sical Education Building (Building Authority) 3 0 7 , 6 0 0 . 3 3

TOTAL MAIN CAMPUS

$1 , 5 8 9 , 5 2 4 . 1 0

North Campus Jere Pound Hall David Barrow Hall Old Brick Dormitory Swimming Pool Gymnasium TOTAL NORTH CAMPUS TOTAL BUILDINGS

$ 382,791.11 151,275.00 100,000.00 25,000.00 12,000.00
$ 671,066.11 $2 , 2 6 0 , 5 9 0 . 2 1

C. IMPROVEMENTS OTHER THAN BUILDINGS Power Lines Streets and W alks Heating System Camelia Trail Amphitheatre Landscaping

16,210.77 137,137.35
12, 000.00 3,000.00 1,500.00

Additions
$ $
$ 8,248.00
16,158.00 9,616.98
8,060.00 6,135.00 2,501.61
3,286.00 $ 54,005.59
$
$ $ 54,005.59 $ 11,858.39
1,262.65

Deductions $ $ $
$ $ $ $ $

In vestm en t End Of Year
$ 150,000.00 107,500.00
$ 257,500.00
$ 60,000.00 126,973.40 194,001.11 16,158.00 9,616.98 69,276.53 17,410.28 162,018.66 171,949.19 108,002.52 23,000.00 8,797.61 20,000.00 40,499.55 1,150.00 299,398.53 7,677.00 307,600.33
$1 6 4 3 , 5 2 9 . 6 9
$ 382,791.11 151,275.00 100,000.00 25,000.00 12,000.00
$ 671,066.11 $2 3 1 4 , 5 9 5 .8 0
11,858.39 16,210.77 138,400.00 12, 000.00
3,000.00 1,500.00

A%
{
1

i\ A
I j- & 1** i p
i

JA

A Mt

i m? %

/'



r P *
V if
V. a
Id
TU

368



>M -V
U
1
|jt Mt
.^ * a: I *
,T .

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

C . IMPROVEMENTS OTHER THAN BUILDINGS (CONTINUED) Swimming Pool TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Main Campus W est Hall Library Library (Building Authority) Log Cabin D orm ito ries Ashley Hall Converse Hall Reade Hall Dining Hall (Building Authority) (V. S. C. ) Student Center Physical Education Building (Building Authority) (V. S. C. ) Physical Plant (Shop, W arehouse, Vehicles) P resid en t's Home North Campus Pound Hall Old Dormitory David Barrow Hall TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

In vestm en t Beginning
Of Year

Additions

Deductions

In vestm en t End Of Year

$ 20,000.00 $

$

$ 189,848.12 $ 13,121.04 $

$ 20,000.00 $ 202,969.16

$ 62,508.40 162,856.63 3,887.06 2,146.96 67,122.82 (26,541.22) (20,960.00) (19,621.60) 26,428.29 (6,850.08) (19,578.21) 15,013.24 15,116.02 (9,518.18) (5,597.84) 21,786.63 3,171.93

$ 5,786.85 6,049.95
9,775.08 (496.70) (482.69)
(8,795.69)
170.00 613.02
(613.02) 3,760.42

$2,455.00
4,087.50 (135.00)
(3,952.50)
115.00
135.00

54,494.59 5,468.00 4,400.40
$ 444,400.97

3,393.92
3,952.50 $ 33,501.74

255.00 $7,047.50

$3,, 15 2 ,3 3 9. 3 0 $ 1 0 0 ,6 2 8 .3 7 $ 7 , 0 4 7 . 5 0

$ 65,840.25 168,906.58 3,887.06 2,146.96 72,810.40 (26,902.92) (21,442.69) (24,464.79) 26,428.29 (6,850.08) (19,578.21) 15,068.24 15,729.04 (9, 518.18) (6,210.86) 25,412.05 3,171.93
57,633.51 5,468.00 8,352.90
$ 470,855.21
$3,245,920.17

369

w x ' 'Tj h t o 8 ! / i v o m u i , o .

A5 1%

SB .!

' &

4-'

jj|:.

A i

B t 1

/i

Sn#.-; * y *
illPs



V

V

A

Mt *
A *% m A\

Georgia Southwestern College FINANCIAL REPORT
For the Year Ended June 30, I960

GEORGIA SOUTHWESTERN COLLEGE Americus, Georgia

Lloyd A. Moll
President

Jasper Grover
Comptroller

371

I . CURRENT FUNDS A. GENERAL C ash in Bank Accounts Receivable

GEORGIA SOUTHWESTERN COLLEGE BALANCE SHEET June 30, 1960 ASSETS
29,784.75 302.43

TOTAL GENERAL FUNDS
B. AUXILIARY C ash in Bank Accounts Receivable Dining Hall Inventory Campus Store Inventory
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS C ash in Bank
III. STUDENT LOANS C ash in Bank Investm ents-- U. S. Treasury Bonds Student Notes Receivable
TOTAL STUDENT LOANS
IV. PLANT FUNDS A. UNEXPENDED C ash in Bank
TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 30,087.18
$ 8,344.25 906.79
3,658.34 12,267.08

25,176.46 $

55,263.64

3,860.58

$ 10,092.68 28,000.00 42,024.98

80,117.66

$ 37,551.41 $ 37,551.41

$ 5,580.00 845,209.84 88,453.74 225,076.20

1,164,319.78 1,201,871.19
$1,341,113.07

GEORGIA SOUTHWESTERN COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Reserve for Federal Research Grant Unearned Income Summer School Fall Quarter Deposits Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Reserves for Outstanding Purchase Orders and Contracts Unearned Income Summer School F all Quarter Room D eposits Reserve for Inventories Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. STUDENT LOANS Fund Balance

$
$2,550.00 3,690.00

862.35 765.51 824.83
6,240.00 21,394.49
$

30,087.18

$
$ 617.50 1,830.00

2,401.13
310.90
2,447.50 15,925.42
4,091.51

25,176.46

$ 80,117.66

55,263.64 3,860.58

TOTAL STUDENT LOANS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of U niversity System Building Authority Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

80,117.66

$ 15,920.77 21,630.64 $ 37,551.41

$ 259,785.30 904,534.48

1,164,319.78 1,201,871.19
$1,341,113.07

373

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition M atriculation Health Service Summer Se ssio n Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Federal Government - Research Project TOTAL PUBLIC APPROPRIATIONS
OTHER SOURCE Property Rent
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Terrell Hall W heatley Hall Collum Hall TOTAL DORMITORIES
CAMPUS STORE
DINING HALL
APARTMENTS
FARM
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 2,250.00 36,650.66 3,530.70 3,747.43 1,862.00

$ 48,040.79

$174,500.00 1,450.00

175,950.00

300.00

$224,290.79

$ 6,456.81 10,917.50 8,146.76 2,516.22 13,102.93

$ 41,140.22 33,697.43 94,123.29 1,595.71 413.33

170,969.98 $395,260.77

374

f &
fl) w

* I* >^ A*. '
Lf.*i*i
i
1A \ % 1}
F V\ A1
! h Hr * ' A f 4** > 4 4 5r '
> _
V
V if
) . j
ill
1

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's O ffice Records Office TOTAL ADMINISTRATION
GENERAL EXPENSE General Administration Faculty and Staff Benefits TOTAL GENERAL EXPENSE
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Summer School Business Education General Instruction Natural Science TOTAL INSTRUCTION
RESEARCH
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Terrell Hall

Total

O bject C lassification

Salaries

Operating

and

Supplies and

W ages

Expense

Equipment

$ 12,208.14
9,812.15 10,426.10 $ 32,446.39

$ 11,334.00 8,644.75 9,424.75
$ 29,403.50

$ 874.14 685.72 858.57
$ 2,418.43

$ 481.68 142.78
$ 624.46

$ 9,212.26 7,303.11
$ 16,515.37
$ 1,839.57
$ 32,586.60
$ 9,096.21

$ 1,711.50
$ 1,711.50
$ 1,120.00 $ 15,975.77 $ 5,820.00

$ 7,500.76 7,303.11
$ 14,803.87
$ 719.57
$ 15,962.06
$ 169.79

$
$ $ $ 648.77
$3,106.42

$ 2,310.00
18,186.46 79,284.42 22,705.14 $122,486.02
$ 625.17

$ 2,310.00
16,460.75 77,136.55 20,476.25 $116,383.55
$ 450.00

$
947.77 1,713.86 1,566.45 $ 4,228.08

$

175.17

$
777.94 434.01 662.44 $1,874.39
$

$215,595.33 $170,864.32 $ 38,476.97 $6,254.04

5,000.00

$220,595.33

$ 8,308.87 9,893.70 6,344.94

5,397.32 6,366.29 3,517.12

2,911.55 3,483.31 2,827.82

44.10

375

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) DORMITORIES (CONTINUED) W heatley Hall Collum Hall TOTAL DORMITORIES
DINING HALL
APARTMENTS
CAMPUS STORE
FARM
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Plant Funds Replacement Reserve TOTAL TRANSFERS
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

O bject C lassification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 2,687.86 12,462.76
$ 39,698.13

$ 1,408.85 6,259.13
$ 22,948.71

$ 1,279.01 6,077.39
$ 16,579.08

$ 126.24
$ 170.34

$ 88,381.43 $ 26,258.68 $ 60,466.00 $1,656.75

$ 1,913.50 $

852.20 $ 1,061.30 $

$ 31,725.41 $ 4,194.96 $ 27,064.45 $ 466.00

$

71.75 $

$

71.75 $

$161,790.22 $ 54,254.55 $105,242.58 $2,293.09

$ 4,775.00 8,457.01
$ 13,232.01
$175,022.23
$377,385.55 $225,118.87 $143,719.55 $8,547.13

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS

Cash Balance luly 1. 1959

Receipts Disbursements

For Year

For Year

Cash Balance June 30, 1960

$26,089.29 12,396.50
$38,485.79
$ 4,206.27
$31,193.71

$224,290.79 170,969.98
$395,260.77

$220,595.33 175,022.23
$395,617.56

$ 49,158.64 $ 49,504.33

$ 26,232.01 $ 19,874.31

$29,784.75 8,344.25
$38,129.00
$ 3,860.58
$37,551.41

376

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

STUDENT LOAN FUNDS TOTAL 1

Cash Balance Tuly 1, 1959

Receipts For Year

D isb u rsem ents For Year

$10,989.34 $ 11,174.59 $ 12,071.25

$84,875.11 $481,826.01 $477,067.45

Cash Balance Tune 3 0 , 1960
$10,092.68
$89,633.67

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

I
Gale Deposits Personal Deposits Student A ctivities Group Insurance Social Security Tax Sales Tax State Income Tax Student Insurance
TOTAL AGENCY FUNDS

Cash Balance Tuly 1 ; 1959
$(-)291.65 2,604.03 1,893.89
" ft
$4,206.27

Receipts For Year

Disbursements Cash Balance

For Year

Tune 3 0 , 1960

$ 2,753.48 26,369.08 6,226.96 5,032.73 5,704.98 1,028.49 223.42 1,819.50

$ 2,461.83 27,447.37 6,009.43 5,032.73 5,704.98 1,028.49
1,819.50

$ 1,525.74 2,111.42
223.42

$49,158.64 $49,504.33

$3,860.58

STATEMENT OF STUDENT LOAN FUNDS

I

For Year Ended June 30, 1960

CASH BALANCE, JULY 1, 1959
RECEIPTS: G ifts and Grants Income on Investments Interest on Student Loans Loans Collected Transfer from Other Funds TOTAL RECEIPTS

Jackson Loan Fund
$6,606.34

National Defense Loan Fund
$4,383.00

Total $10,989.34

$ 700.00 229.73
2,004.18 33.68
$2,967.59

$7,389.00
818.00 $8,207.00

$ 7,389.00 700.00 229.73
2,004.18 851.68
$11,174.59

377

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF STUDENT LOAN FUNDS (CONTINUED)

DISBURSEMENTS: Loans to Students Transfer to Other Funds Expenses TOTAL DISBURSEMENTS
CASH BALANCE, JUNE 3 0 , 1960

Jackson Loan Fund

National Defense Loan Fund

Total

$7,442.16 818.00 42.75
$8,302.91
$1,271.02

$3,768.34
$3,768.34 $8,821.66

$11,210.50 818.00 42.75
$12,071.25
$10,092.68

STATEMENT OF STUDENT LOAN FUND BALANCES For Year Ended June 30, 1960

Jack so n Loan Fund N ational D efense Loan Fund
TOTAL

Fund Balance July 1, 1959
$65,710.00 6,098.00
$71,808.00

Additions
$ 963.41 8,207.00
$9,170.41

Fund Balance Deductions June 30, 1960

$860.75

$65,812.66 14,305.00

$860.75

$80,117.66

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Auxiliary Replacement Reserve Project No. I
Administration Building Project No. Ill
Terrell Hall P ro ject No. IV
W heatley Hall Project No. V
Gymnasium P ro ject No. VII
Renovation of Coal Bins

Balance Tulv 1. 1959 $12,463.76
784.34 32.03
4,807.58 381.45 234.91

Receipts $ 8,457.01
5,000.00

D isbursem en ts

Transfers

Balance June 30 ( 1960

$

$ 5,000.00 $15,920.77

778.24

6.10

32.03

5,113.55

(--) 3 2 .0 3

4,726.06

377.10

4.35

61.76

173.15

*k
W
pH%
-s
y ml
&
. -
\<k7 M ,Jn *
1 V* ( | \ '7:

it *
378

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

P roject No. VIII Educational Equipment
P ro ject No. IX Heating Control Valves
Project No. X P resid en t's Home
Project No. XI Dining Hall
P roject No. XII Dormitory Furniture
Project No. XIII Inventory Control
P ro ject No. XIV Air Conditioning Store and Library
TOTAL

Balance Tuly 1, 1959

Receipts

D isbursem en ts

Transfers

Balance June 30, 1960

$ 1,400. 68
95.,84 7 , 5 0 0 . ,00
266.,12 3,227..00
$31,193,.71

$ 3, 000. 00
9, 775,.00 $26, 232,.01

$ 244. 83 258. 20
1 0 , 5 6 5 . ,76 360.,52
2,114..35
$19,874,.31

$
(-)3,000.00 (-)2,000.00
$

$ 1, 15 5 . 85 2,7 41 . 80 yo , o4 (-) 6 5.,76 1,905..60 1,112,.65 9,775,.00
$37,551 .41

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS State Appropriation Transfer from Auxiliary Funds Transfer from Educational and G eneral Funds TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions W heatley Hall Dining H all Equipment Educational Equipment Dormitory Furniture Inventory Control Equipment TOTAL EXPENDED FOR PLANT ADDITIONS

$31,193.71

$ 8, 000.00 13,232.01 5,000.00

26,232.01 $57,425.72

$ 7,000.00 4,700.00 244.83 360.52 1,519.90

$13,825.25

379

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS Expenditures Not Capitalized Repairs and Alterations Administration Building W heatley Hall Gymnasium Morgan Hall Heating Control Valves Dining Hall Inventory Control TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

$ 778.24 1,613.55 377.10 61.76 258.20 2,365.76 594.45

$ 6,049.06

$19,874.31 $37,551.41

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Current G eneral Funds Expended from Current Auxiliary Funds G ift from Student A ctiv ities - (Tennis Court Lights) TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Equipment D isposed Of Inventory Adjustments TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of U niversity System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$1,152,754.23

$ 13,825.25 6,254.04 2,293.09 884.04

23,256.42 $1,176,010.65

$

7,596.91

4,093.96

11,690.87

$1,164,319.78

259,785.30 $ 904,534.48

380

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1960

LAND
BUILDINGS Administration Shop Gymnasium Duplex Apartment P resid en t's Home Barn Morgan Hall Sanford Hall Terrell Hall Collum H all (Building Authority) W heatley Hall Campus Farm House Negro House Fuel House Chapel Jack so n H all (Building Authority)
TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS Heating System Streets - Sidewalks - Landscaping W ater and Lights Sewage Disposal Program - Fire Signal Garbage and W aste D isposal Lake Tennis Courts
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
EQUIPMENT Administrative O ffices Physical Plant Library Instruction Division Building Authority Dormitories Dormitories (Building Authority) Dining Hall

In vestm en t Beginning
Of Year
$ 5,580.00

Additions $

Deductions $

Investm ent End Of Year
$ 5,580.00

$ 112,800.00 $

$

26,171.31

72,800.00

7,000.00

12,500.00

2,300.00

39,600.00

78,200.00

67,900.00

152,479.36

55,700.00

7,000.00

3,500.00

380.00

300.00

3,000.00

203,579.17

$ 838,209.84 $ 7,000.00 $

$ 112,800.00 26,171.31 72,800.00 7,000.00 12,500.00 2,300.00 39,600.00 78,200.00 67,900.00
152,479.36 62,700.00 3,500.00 380.00 300.00 3,000.00
203,579.17 $ 845,209.84

$ 14,548.03 $

$

57,021.46

3,061.10

7,500.00

1,500.00

250.00

573.15

3,115.96

884.04

$ 87,569.70 $ 884.04 $

$ 14,548.03 57,021.46 3,061.10 7,500.00 1,500.00 250.00 573.15 4,000.00
$ 88,453.74

$

8,785.12

35,421.88

33,342.64

59,857.72

7,937.20

30,556.05

15,437.51

25,199.86

$ 2,144.36 648.77
3,106.42 2,119.22
530.86
6,356.75

$ 1,734.39 235.93 1,086.15
4,161.36
3,435.55

$ 10,929.48 34,336.26 36,213.13 60,890.79 7,937.20 26,925.55 15,437.51 28,121.06

381

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Campus Store Apartments TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

In vestm en t Beginning Of Year

Additions

Deductions

Investm ent End Of Year

$ 3,366.14 1,490.57
$ 221,394.69
$1 , 1 5 2 , 7 5 4 . 2 3

$ 466.00 $15,372.38 $23,256.42

$ 343.33 694.16
$11,690.87
$11,690.87

$ 3,488.81 796.41
$ 225,076.20
$1 , 1 6 4 , 3 1 9 . 7 8

Augusta College FINANCIAL REPORT
For the Year Ended June 30, I960

Gerald B. Robins
President

AUGUSTA COLLEGE Augusta, Georgia

B. Dudley Jervey
Comptroller

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable
TOTAL GENERAL FUNDS
B. RESTRICTED C ash in Bank
C . AUXILIARY C ash on Hand and in Bank Accounts Receivable Student Center Inventory
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank
III. PLANT FUNDS A. UNEXPENDED C ash in Bank Temporary Investm ents TOTAL UNEXPENDED
B. EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

AUGUSTA COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

$ 43,637.08 66.00
$ 43,703.08

668.04

$ 8,838.18 261.68
3,281.64

12,381.50 $

56,752.62

13,034.66

$ 85,236.82 247,482.95 $ 332,719.77

$ 643,387.00 1,920,110.64 160,231.33

2,723,728.97 3,056,448.74
$3,126,236.02

384

II CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
C . AUXILIARY Accounts Payable Unearned Income Reserve for Inventory Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. PLANT FUNDS A. UNEXPENDED Fund Balance
TOTAL UNEXPENDED
B. EXPENDED Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

AUGUSTA COLLEGE
BALANCE SHEET June 3 0 , 1960
LIABILITIES

$ 1,873.32 12,096.75 29,733.01 $ 43,703.08

668.04

$ 2,650.95 380.00
3,281.64 6,068.91

12,381.50 $

56,752.62

13,034.66

$ 332,719.77 $ 332,719.77
$2,723,728.97
2,723,728.97 3,056,448.74
$3,126,236,02

385

AUGUSTA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition M atriculation Health Service Fees Summer Session Other Student Fees TOTAL STUDENT FEES
OTHER INTEREST ON TEMPORARY INVESTMENTS
PUBLIC APPROPRIATION State of Georgia - Regular Operations
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES STUDENT CENTER
RENT
TOTAL AUXILIARY ENTERPRISES INCOME
C . STUDENT AID GIFTS AND GRANTS
TOTAL CURRENT INCOME

$ 19,913.50 57,435.00 6,486.20 13,707.11 4,811.76

$102,353.57 1,381.63

229,000.00

$332,735.20

$ 33,116.36 4,960.17

38,076.53

3,254.13 $374,065.86

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION Comptroller's Office
President's Office Registrar's Office
TOTAL ADMINISTRATION

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

$ 16,121.01 13,133.42 14,309.03
$ 43,563.46

$ 13,729.13 12,465.10 12,490.00
$ 38,684.23

$ 425.24 668.32 580.26
$ 1,673.82

$ 1,966.64
1,238.77 $ 3,205.41

386

* AUGUSTA COLLEGE
STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) GENERAL General Institutional Faculty and Staff Benefits TOTAL GENERAL
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean's Office Summer Session Humanities Social Science Science Business TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES STUDENT CENTER
PROPERTY RENTAL
TOTAL AUXILIARY ENTERPRISES EXPENDITURES
C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Salaries

Operating

and

Supplies and

W ages

Expenses

Equipment

$ 6,209.38 9,068.13
$ 15,277.51
$ 10,813.91
$ 37,624.89
$ 17,343.02

$ $ $ 8,484.50 $ 16,986.79 $ 11,160.00

$ 6,209.38 9,068.13
$15,277.51
$ 577.90
$20,059.79
$ 603.78

$ $ $ 1,751.51 $ 578.31 $ 5,579.24

$ 18,160.41 17,865.16 45,921.13 37,767.69 61,163.10 13,177.60
$194,055.09

$ 15,791.12 17,740.00 45,300.00 37,315.69 53,761.60 11,675.00
$181,583.41

$ 1,757.07 125.16 346.13 302.00
4,171.70 268.77
$ 6,970.83

$ 612.22
275.00 150.00 3,229.80 1,233.83 $ 5,500.85

$318,677.88

$256,898.93

$45,163.63 $16,615.32

$ 29,215.17 $ 2,011.85

$ 4,969.70 $ 1,040.00

$24,191.92 $ 840.95

$

53.55

$ 130.90

$ 31,227.02

$ 6,009.70

$25,032.87 $ 184.45

$ 2,771.09 $352,675.99

$ $262,908.63

$ 2,771.09 $72,967.59

$ $16,799.77

AUGUSTA COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1960

CURRENT FUNDS General Auxiliary Restricted (Scholarships) TOTAL CURRENT FUNDS
PLANT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 3 0 , 1960

$ 29,579.76 1,988.67 185.00
$ 31,753.43
$460,785.37
$ 12,817.85
$505,356.65

$332,735.20 38,076.53 3,254.13
$374,065.86
$ 17,599.77
$ 31,354.24
$423,019.87

$318,677.88 31,227.02 2,771.09
$352,675.99
$145,665.37
$ 31,137.43
$529,478.79

$ 43,637.08 8,838.18 668.04
$ 53,143.30
$332,719.77
$ 13,034.66
$398,897.73

STATEMENT OF AGENCY FUNDS For Year Ended June 3 0 , 1960

Application Deposits Parking Permits Reservation Fees Student Activities Application Fees
TOTAL

Cash Balance Tuly 1, 1959
$ 4,600.00 170.74 50.00
4,232.11 3,765.00
$12,817.85

Receipts For Year
$ 235.60
20,768.64 10,350.00
$31,354.24

Disbursements Cash Balance For Year June 3 0 , 1960

$ 4,600.00 145.96 50.00
14,026.47' 12,315.00

$ 260.38
10,974.28 1,800.00

$31,137.43

$13,034.66

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960
BALANCE, JULY 1, 1959
ADDITIONS Interest on Temporary Investments
BALANCE, JULY if 1959, PLUS ADDITIONS

$460,785.37
17, 599.77 $478,385.14

388

4 A *V
r%
)
IN
VA
*I
Jk

AUGUSTA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
DEDUCTIONS Construction Architects Loose Equipment Personal Services TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

$127,743.63 15,385.01 136.73 2,400.00

$145,665.37 $332,719.77

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960
INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Current Funds TOTAL ADDITIONS
DEDUCTIONS Buildings Removed
INVESTMENT IN PLANT, JUNE 3 0 , 1960

$2,623,215.79

$145,665.37 16,709.81

162,375.18

$ 61,862.00 $2,723,728.97

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1960

A. LAND 1 5 . 5 9 Acres 3 8. 2 1 Acres 1.42 Acres 3 . 3 8 Acres 5 . 6 6 Acres TOTAL LAND

Investment Beginning
Of Year
156.687.00 382.100.00
14.200.00 33.800.00 56.600.00 $ 643,387.00

Additions

Deductions

Investment End Of Year

156.687.00 382.100.00
14.200.00 33.800.00 56.600.00 $ 643,387.00

1r
389

AUGUSTA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS ZA-1 (Guidance) ZA-2 (Classroom) ZB-1 (Administration) ZB-7 Z B-16 ZC-1 Z C-3 (Storage) Z C-4 and 5 (Heating Plant) Z C-7 (Storage) ZC-8 (Classroom) ZC-9 ZO-1 (Classroom) ZO-2 (President's Home) ZQ-1 (Student Center) ZQ-2 (Residence) ZQ-3 and 4 (Residence) ZQ-5 (Residence) ZQ-6 (Residence) ZQ-7 (Residence) ZQ-8 ZQ-10 (Classroom) ZQ-11 (Classroom) ZQ-13 (Classroom) ZY-1 (Residence) ZY-2 (Residence) ZY-3 (Storage) ZY-7 (Greenhouse) ZD-7 and 11 ZB-16, 17, and 19; ZD-1, 1A, 2, 3, 5, 6, 8, 9, and 10; 113 and 114 98 (Storage) 99 (Warehouse) 100 101-2 (Warehouse) 103-4 (Warehouse) 1 05-6 (Warehouse) 1 07-8 (Warehouse) 109-10 (Warehouse) 111-112 (Warehouse) 115 117 (Storage) 118 (Gatehouse)

Investment

Investment

Beginning

End Of

Of Year_________Additions______Deductions__________ Year

$ 36,738.00 $ 37,260.00
174,724.00 1,638.00 4,000.00 1,495.00 4,800.00
69,216.00 3,306.00 3,025.00 600.00
78,246.00 55,128.00 75,735.00 15,316.00 19,824.00 16,170.00 16,170.00 10,108.00 11,835.00
6,000.00 6,000.00 6,000.00 11,200.00 16,856.00 1,620.00 1,638.00 52,718.00
169,027.00 6,552.00
39,606.00 8,000.00
80,199.00 80,199.00 80,199.00 80,199.00 80,199.00 80,199.00 40,590.00
6,510.00 8,400.00

$ 4,000.00 600.00
11,835.00
8,000.00

$ 36,738.00 37,260.00
174,724.00 1,638.00
1,495.00 4,800.00 69,216.00 3,306.00 3,025.00
78,246.00 55,128.00 75,735.00 15,316.00 19,824.00 16,170.00 16,170.00 10,108.00
6,000.00 6,000.00 6,000.00 11,200.00 16,856.00 1,620.00 1,638.00 52,718.00
169,027.00 6,552.00
39,606.00
80,199.00 80,199.00 80,199.00 80,199.00 80,199.00 80,199.00 40,590.00
6,510.00 8,400.00

390

AUGUSTA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) 119 121 124 125 126 127 (Assembly) 128 131 132 134 135 136 137 138 139 141 201 (Warehouse) 202 (Warehouse) 203 (Warehouse) 204 (Warehouse) Work in Progress W ater Tank and Tower TOTAL BUILDINGS
C. EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

$ 11,407.00 946.00
1,462.00 698.00 946.00
25,056.00 3,077.00 1,620.00 4,320.00 600.00 680.00 2,388.00 450.00 152.00 3,375.00 250.00
44,103.00 36,783.00 36,783.00 44,103.00
120,000.00 $1 , 8 3 6 , 4 4 4 . 0 0
$ 143,384.79
$2 , 6 2 3 , 2 1 5 . 7 9

$
145,528.64 $145,528.64 $ 16,846.54 $162,375.18

$ 1,462.00 698.00 946.00
25,056.00 1,620.00 600.00 680.00 2,388.00 450.00 152.00 3,375.00
$61,862.00 $ $61,862.00

$ 11,407.00 946.00
3,077.00 4,320.00
250.00 44,103.00 36,783.00 36,783.00 44,103.00 145,528.64 120,000.00 $1,920,110.64 $ 160,231.33 $2,723,728.97

391

*r )
ir?
%
/tk
* 1
>V'1
H* A A.
9m L
43
I


Middle Georgia College FINANCIAL REPORT
For the Year Ended June 30, I960

\

L. E. Roberts
President

MIDDLE GEORGIA COLLEGE Cochran, Georgia
Emory B. Grant
Comptroller

393

MIDDLE GEORGIA COLLEGE
BALANCE SHEET June 3 0 , 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank General Stores
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Dining Hall Inventory Student Center Inventory TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank
III. STUDENT LOANS Cash in Bank Student Notes Receivable
TOTAL STUDENT LOANS
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

$ 18,691.14 4,868.42
$ 23,559.56

$ 39,075.26 7,624.35 9,688.45

56,388.06 $ 79,947.62

16,301.01

$

693.65

9, 552.55

10,246.20

$ 27,704.05 $ 27,704.05

$ 18,400.00 1,188,391.65 48,776.58 355,091.86

1,610,660.09 1,638,364.14
$1,744,858.97

I
If
I
j >u
\
/h j* B r
>u
1
jl
I
b
I

I
*
'W 4Z; tM
43
"A D f


MIDDLE GEORGIA COLLEGE
BALANCE SHEET June 3 0 , 1960
LIABILITIES

I . CURRENT FUNDS A. GENERAL Reserve for Stores Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Reserve for Stores Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
ii. AGENCY FUNDS Fund Balance
in . STUDENT LOANS Fund Balance

$ 4,868.42 5,985.00
12,706.14 $ 23,559.56

$ 17,312.80 39,075.26

56,388.06 $

79,947.62

16,301.01

10,246.20

TOTAL STUDENT LOANS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Invested in Plant

10,246.20
$ 16,472.33 11,231.72 $ 27,704.05
$ 468,303.17 1,142,356.92

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

1,610,660.09 1,638,364.14
$1,744,858.97

395

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition M atriculation M atriculation Deposits - Fall Quarter Health Service Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia - Regular Operations
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES CAMPUS STORE
DORMITORIES Browning Hall Ebenezer Hall Jackson Hall Peacock Hall Talmadge Hall Wiggs Hall TOTAL DORMITORIES
FACULTY APARTMENTS
DINING HALL
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 5,588.70 44,131.64 1,380.00 4,600.30 2,471.68

$ 58,172.32

185,000.00

$243,172.32

$ 45,974.25

$ 15,984.13 2.056.00 125.00 8,948.40
10,880.31 9.113.00

47,106.84 2,625.00
109,616.23

205,322.32 $448,494.64

I A
>| *
i I I
Ak
1
If
I
I
r <1
4
*

396

4
I
iv l A 1
a
T
I
r ,4 4
]
ji 41 v

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION Comptroller's Office President's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
GENERAL STORES
INSTRUCTION Art Commerce Physical Education Science TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES CAMPUS STORES
DORMITORIES Browning Hall Ebenezer Hall Jackson Hall Peacock Hall Talmadge Hall Wiggs Hall TOTAL DORMITORIES

Total

Salaries and Wages

Object Classification

Operating

Supplies and

Expense

Equipment

$ 13,150.00 11,199.99 7,800.04
$ 32,150.03

$ 16,651.65

$ 7,654.73

$ 45,591.42

$ 7,900.70

$

131.58

$ 13,150.00 11,199.99 7,800.04
$ 32,150.03
$ 720.37
$ 6,558.81
$ 19,428.72
$ 5,616.51
$

$

$

$ 15,866.28

$ 1,095.92

$ 24,091.67

$

26.96

$ 131.58

$
$ $ 65.00 $ $ 2,071.03 $ 2,257.23 $

$ 46,524.88 13,104.14 12,264.63 58,525.27
$130,418.92

$ 45,300.00 10.330.00 11.740.00 54,675.27
$122,045.27

$ 1,224.88 357.74 524.63
3,850.00 $ 5,957.25

$ 2,416.40
$ 2,416.40

$240,499.03 $186,519.71 $ 47,169.66 $ 6,809.66

$ 43,448.36 $ 6,604.40 $ 36,843.96 $

$ 14,414.67 1,353.66 360.32 7,314.69
10,853.11 5,901.83
$ 40,198.28

$ 7,967.06 550.14 152.93
3,897.67 6,815.05 2,967.41 $ 22,350.26

$ 5,450.01 803.52 207.39
3,020.27 4,038.06 2,531.98 $ 16,051.23

$ 997.60
396.75 402.44 $ 1,796.79

MIDDLE GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) FACULTY APARTMENTS
DINING HALL
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFER TO: Plant Funds - Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Salaries and
Wages

Object Classification

Operating

Supplies and

Expense

Equipment

$ 1,653.21 $ 83,657.36 $168,957.21

$ 770.23 $ 26,180.42 $ 55,905.31

$ 882.98 $ 53,452.42 $107,230.59

$ $ 4,024.52 $ 5,821.31

10,267.60 $179,224.81 $409,456.24

$242,425.02

$154,400.25

$12,630.97

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
STUDENT LOAN FUNDS
PLANT FUNDS
TOTAL

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1960

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 3 0 , 1960

$16,017.85 12,977.75
$28,995.60
$ 9,191.77
$
$36,684.33
$74,871.70

$243,172.32 205,322.32
$448,494.64
$ 56,228.23
$ 10,481.20
$ 27,481.29
$542,685.36

$240,499.03 179,224.81
$419,723.84
$ 49,118.99
$ 9,787.55
$ 36,461.57
$515,091.95

$ 18,691.14 39,075.26
$ 57,766.40
$ 16,301.01
$ 693.65
$ 27,704.05
$102,465.11

398

MIDDLE GEORGIA COLLEGE
BANK BALANCES
STATE BANK OF COCHRAN, COCHRAN, GEORGIA General Funds Auxiliary Funds Plant Funds
COOK BANKING COMPANY, COCHRAN, GEORGIA Agency Funds Student Loan Funds Petty Cash
TOTAL

$ 18,691.14 39,075.26 27,704.05

$ 85,470.45

$ 15,901.01 693.65 400.00

16,994.66 $102,465.11

STATEMENT OF AGENCY FUNDS For Year Ended June 3 0 , 1960

Student Deposits Student Activities Reservation Deposits Group Life Insurance Social Security Student Clubs
TOTAL AGENCY FUNDS

Cash Balance Tulv 1, 1959
$ 846.01 410.16
5,049.20
1,961.10 925.30
$9.191.77

Receipts For Year
$17,597.08 13,017.26 5,887.50 5,638.13 11,159.50 2,928.76
$56.228.23

Disbursements Cash Balance

For Year

June 3 0 , 1960

$17,158.13 7,839.66 4,753.18 5,097.53
10,632.74 3,637.75

$ 1,284.96 5,587.76 6,183.52 540.60 2,487.86 216.31

$49.118.99

$16.301.01

STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 3 0 , 1960
BALANCE, JULY 1, 1959
RECEIPTS: Grant Under National Defense Education Act M iscellaneous Contributions Student Loans Collected TOTAL RECEIPTS
DISBURSEMENTS: Loans to Students
BALANCE, JUNE 3 0 , 1960

$

$ 9,221.00 1,025.20 235.00

10,481.20

------------- :-- I ----- 6 9 3 , ~ 5

399

MIDDLE GEORGIA COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960

Auxiliary Replacement Reserve College Bus Walker Hall Faculty Apartments Browning Hall Wiggs Hall Classroom Equipment Gymnasium Dining Hall Dormitory Equipment Library
TOTAL

Balance July 1, 1959
$18,096.18 1,620.00 3,606.51
1,414.64 6,661.05
239.90
46.05 5,000.00
$36,684.33

Receipts $10,680.10
4,000.00
6,801.19 6,000.00 $27,481.29

Disbursements

Transfers

Balance June 3 0 , 1960

$
5,644.86 1,555.00 1,440.00 4,890.20
142.50 6,363.45
540.00 7,393.00 8,492.56

$12,303.95 (-) 1,6 50 .0 0
(-)3,000.00 (-) 7, 653.95

$16,472.33 1,620.00 1,961.65 95.00 (-) 25.3 6 1,770.85 97.40 437.74 2,460.00 307.00 2,507.44

$36,461.57 $

$27,704.05

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 3 0 , 1960
BALANCE, JULY 1, 1959
ADDITIONS Transfer from Auxiliary Enterprises Public Appropriation - State of Georgia Fire Loss Recovery Interest on Investments TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Library Dining Hall Gymnasium Facu lty Apartments W alker Building Wiggs Hall Browning Hall Instructional Equipment Dormitory Equipment TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

$36,684.33

$10,267.60 12,000.00 4,801.19 412.50

27,481.29 $64,165.62

$ 8,492.56 540.00
6,363.45 1,555.00 5,644.86 4,890.20 1,440.00
142.50 7,393.00

36,461.57 $27,704.05

400

MIDDLE GEORGIA COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Equipment Disposed of During Year
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$1,531,799.81

$ 23,268.06

6,809.66 5,821.31 70,166.90

106, 065. 93

$1,, 637, 865. 74

27, 205. 65 $1- 610,,660.,09

468,,303. . 17 $1,, 142,,356..92

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1960

Year Acquired

A. LAND Campus Off-Campus TOTAL LAND

1887 1917

B. BUILDINGS Science Building (Building Authority) President's Home (Building Authority) Talmadge Hall (Building Authority) W alker Building Sanford Library New Dining Hall Dining Hall Annex (Building Authority) Browning Dormitory

1958 1958 1952 1928 1938 1930 1955 1936

Investment Beginning
Of Year
$ 13,200.00 5,200.00
$ 18,400.00
$ 208,085.23 35,474.40
153,371.54 231,326.56
48,708.90 41,109.94 77,474.89 93,105.03

Additions
$ $
$ 46,336.03 6,237.43 3,000.00 1,806.56
600.00

Deductions $ $ $

Investment End Of Year
$ 13,200.00 5,200.00
$ 18,400.00
$ 254,421.26 41,711.83
153,371.54 234,326.56
50,515.46 41,109.94 77,474.89 93,705.03

401

MIDDLE GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED) Peacock Dormitory W iggs Dormitory Ebenezer Jackson Dormitory President's Home Gymnasium Facu lty Apartments Science Building Auto M echanic Building Stadium Field House M iscellaneous Campus Building
TOTAL BUILDINGS

1934 1922 1890 1928 1928 1928 1948 1948 1949 1948 1928

C . IMPROVEMENTS OTHER THAN BUILDINGS Heating System W ater System Lighting System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 45,770.50 $

$

52,854.33

2,500.00

11,543.71

5,894.20

6,500.00

11,000.00

36,000.00

600.00

35,336.01

15,673.98

1,250.00

16,832.41

$1,, 1 2 7 , 3 1 1 .6 3 $ 6 1 ,0 8 0 .0 2 $

$ 31,026.98 $

$

10,999.60

6,750.00

$ 48,776.58 $

$

$ 45,770.50 55,354.33 11,543.71 5,894.20 6,500.00 11,000.00 36,600.00 35,336.01 15,673.98 1,250.00 16,832.41
$1,, 1 8 8, 39 1.6 5
$ 31,026.98 10,999.60 6,750.00
$ 48,776.58

D. EQUIPMENT Administration Offices Physical Plant Library Instructional Instructional (Building Authority) Dormitories Dormitories (Building Authority) Dining Hall Campus Store TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 12,476.51 59,940.74 34,751.34 80,808.43
79,569.02 13,817.95 43,518.63 12,428.98 $ 337,311.60
$ i (, 5 3 1 , 7 9 9 . 8 1

$

65.00

2,071.03

8,943.23

2,558.90

16,681.64

8,304.80

1,796.79

4,564.52

$ 44,985.91

$106,065.93

$ 747.00 1,911.50
10,260.00
11,112.15
2,400.00 775.00
$27,205.65
$27,205.65

$ 11,794.51 60,100.27 43,694.57 73,107.33 16,681.64 76,761.67 15,614.74 45,683.15 11,653.98
$ 355,091.86
$1,, 6 1 0 , 6 6 0 . 0 9

402

Columbus College FINANCIAL REPORT
For the Year Ended June 30, I960

COLUMBUS COLLEGE Columbus, Georgia
Thomas Y. Whitley
President

Doyle M. Dillard
Comptroller

403

0

I. CURRENT FUNDS A. GENERAL Cash in Bank
TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Campus Store Inventory
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. PLANT FUNDS EXPENDED Equipment
TOTAL ASSETS

COLUMBUS COLLEGE
BALANCE SHEET June 3 0 , 1960
ASSETS

$ 66,581.62

$ 66,581.62

$ 6,550.17 3,233.38

9,783.55

$ 76,365.17

7,713.32

112,089.29 $196,167.78



<9 404

I . CURRENT FUNDS A. GENERAL Unearned Income (Summer School) Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Reserve for Inventories Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. PLANT FUNDS EXPENDED Investment in Plant
TOTAL LIABILITIES

COLUMBUS COLLEGE
BALANCE SHEET June 3 0 , 1960
LIABILITIES

$ 8,243.89 58,337.73

$ 66,581.62

$ 495.39 3,233.38 6,054.78

9,783.55

$ 76,365.17

7,713.32

112,089.29 $196,167.78

405

COLUMBUS COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 3 0 , 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition M atricu lation Health Service M iscellaneous Student Fees M iscellaneous and General Summer Income Medical Center Nurses St. Francis Hospital TOTAL STUDENT FEES
INTEREST ON INVESTMENTS
USE OF PHYSICAL PLANT University of Georgia Extension
PUBLIC APPROPRIATIONS State of Georgia
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES Campus Store
TOTAL CURRENT INCOME

$ 4,105.88 42,112.90 4.507.00 823.10 230.00 8,243.89 3,160.80 2.034.00

$ 65,217.57 913.12

2,895.90

201, 000.00

$270,026.59

33,050.79 $303,077.38

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 3 0 , 1960

EDUCATIONAL AND GENERAL ADMINISTRATION
President's Office Comptroller's Office Registrar's Office
TOTAL ADMINISTRATION

Total

Salaries and
Wages

Object Classification

Operating

Supplies and

Expenses

Equipment

$ 14,212.93 $ 13.500.00 $ 712.93 $

12,881.14

12.300.00

581.14

9,415.63

8,981.24

434.39

$ 36,509.70 $ 34,781.24 $ 1,728.46 $

406

COLUMBUS COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) GENERAL Faculty and Staff Benefits General Administration TOTAL GENERAL
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean's Office Business Education and Psychology Languages Physical Education Science-M ath Social Science Summer School TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
B. AUXILIARY ENTERPRISES Campus Store
TOTAL CURRENT EXPENDITURES

Total

Salaries and
Wages

Object Classification

Operating

Supplies and

Expenses

Equipment

$ 6,698.10 3,890.93
$ 10,589.03
$ 2,323.13
$ 26,075.49
$ 25,134.24

$ 6,698.10 $ 6,698.10 $ 2,000.00 $ 10,241.80 $ 8,724.81

$ 3,890.93
$ 3,890.93
$ 323.13
$14,736.23
$ 548.03

$ $ $ $ 1,097.46 $15,861.40

$ 8,505.14 6,112.04
11,642.84 30,099.68
9,874.51 34,330.58 24,614.78
9,720.00 $134,899.57

$ 6,816.65 4,400.00
10,550.00 28,933.00
8,500.00 26,688.55 24,000.31
9,720.00 $119,608.51

$ 1,688.49 62.04
142.84 466.68 1,036.78 4,970.03 324.61
$ 8,691.47

$ 1,650.00 950.00 700.00 337.73 2,672.00 289.86
$ 6,599.59

$235,531.16 $182,054.46 $29,918.25 $23,558.45

$ 29,696.77 $265,227.93

$ 3,410.80 $185,465.26

$26,185.97 $56,104.22

$ 100.00 $23,658.45

407

COLUMBUS COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 3 0 , 1960

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
TOTAL

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$32,086.19 3,196.15
$35,282.34
$ 6,793.21
$42,075.55

$270,026.59 33,050.79
$303,077.38
$ 62,024.94
$365,102.32

$235,531.16 29,696.77
$265,227.93
$ 61,104.83
$326,332.76

$66,581.62 6,550.17
$73,131.79
$ 7,713.32
$80,845.11

BANK BALANCES
FOURTH NATIONAL BANK OF COLUMBUS, GEORGIA General General (Savings) Auxiliary Agency
TOTAL

$36,581.62 30,000.00 6,550.17 7,713.32
$80,845.11

STATEMENT OF AGENCY FUNDS For Year Ended June 3 0 , 1960

Damage Deposit Social Security Teachers' Retirement Withholding Tax Student Activities Group Insurance Flower Fund CEEB Admission Deposit Columbus Center Restricted Donation Optmist Club Scholarship

Cash Balance Tuly 1, 1959
$ 40.00
957.50 2,462.75 2,647.71
267.82 21.34 64.67
255.00 76.42

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 4,407.84 8,111.29
22,579.46 9,077.17 2,899.21 35.00 713.90 9,646.75
956.03 2,434.65

$ 10.00 4,407.84 9,068.78
25,042.21 9,043.97 2,404.36
590.10 8,728.00
76.42 299.95 1,130.15

$ 30.00
.01
2,680.91 762.67 56.34 188.47
1,173.75
656.08 1,304.50

408

COLUMBUS COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Graduation Fee Restricted Donation Library Restricted Donation Library AAUW Georgia State Income Tax Cap and Gown Fee
TOTAL

Cash Balance Tuly 1, 1959
$
$6.793.21

Receipts For Year
$ 189.00 100.00 47.50 738.54 88.60
$62,024.94

Disbursements Cash Balance

For Year

Tune 3 0, 1960

$ 106.95 100.00 7.50
88.60

$ 82.05
40.00 738.54

$61,104.83

$7.713.32

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960
INVESTMENT IN PLANT, JULY1, 1959
ADDITIONS Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Enterprise Funds and Included in Current Expenditures In crease in Equipment Purchased and Donated by M uscogee County School District TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960

$ 86,697.79

$23,558.45 100.00
1,733.05

25,391.50 $112,089.29

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 3 0 , 1960

EQUIPMENT Administration and Classrooms
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

$86,697.79

$25,391.50

$

$86,697.79

$25,391.50

$

$112,089.29 $112,089.29

409

South Georgia College FINANCIAL REPORT
For the Year Ended June 30, I960

SOUTH GEORGIA COLLEGE Douglas, Georgia

William I. Smith
President

Charles H. Elder
Comptroller

411

SOUTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Due from Auxiliary Funds TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank Inventories Dining Hall Student Center

$ 43,830.16 2,580.22

$ 46,410.38

$1,630.82 7,485.24

$ 20,092.70 9,116.06

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank
III. STUDENT LOAN FUNDS Cash in Bank Notes Receivable

29,208.76

$ 75,619.14

28,745.08
M $ 7,360.75
4,682.56

TOTAL STUDENT LOAN FUNDS

12,043.31

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Auxiliary Funds TOTAL UNEXPENDED

$ 36,615.48 9,148.22

$ 45,763.70

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

$ 8,234.93 1,286,949.45 160,527.00 293,992.68

1,749,704.06

TOTAL PLANT FUNDS TOTAL ASSETS

1,795,467.76 $1,911,875.29

SOUTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Due to General Funds Due to Plant Funds Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
H, AGENCY FUNDS Fund Balance
III. STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 2,208.62 44,201.76

$ 46,410.38

$ 1,125.94 2.580.22 9.148.22 9,116.06 7,238.32

29,208.76

$ 75,619.14

28,745.08

$ 12,043.31

12,043.31

$ 20,984.46 24,779.24

$ 45,763.70

$ 646, 653.39 1,103,050.67

1,749,704.06

1,795,467.76 $1,911,875.29

413

SOUTH GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS
OTHER INCOME President's Home Interest on Certificates of Deposit TOTAL OTHER INCOME
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES STUDENT CENTER
DORMITORIES Davis Hall M en's Dormitory Powell Hall Proctor Hall Women's Dormitory TOTAL DORMITORIES
DINING HALL
FARM
WATCHMAN'S COTTAGE
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 13,355.00 41,138.00 6,860.00 2,031.50

$ 63,384.50 191,000.00

$ 300.00 300.00

600.00

$254,984.50

26,996.28

$ 9,308.76 18,422.74 7,811.86 1,295.00 10,921.14

47,759.50 107,090.74
700.00 420.00

182,966.52 $437,951.02

414

SOUTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION Comptroller's Office Dean's Office President's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Fine Arts Languages Social Science Science and Mathematics Business Administration Education Home Economics Physical Education Faculty Leave TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
B. AUXILIARY ENTERPRISES STUDENT CENTER
DINING HALL

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 13,104.30 $ 12,880.00 $

224.30 $

6,289.79

5.880.00

409.79

13,861.68

13,763.75

97.93

8,500.00

8.100.00

400.00

$ 41,755.77 $ 40,623.75 $ 1,132.02 $

$ 13,617.90 $

$ 13,577.95 $ 39.95

$ 5,062.47 $ 4,250.00 $

812.47

$ 41,977.04 $ 11,238.51 $ 30,525.41 $ 213.12

$ 10,713.48 $ 7,1 5 5 .7 7 $ 1,611.62 $1, 946.09

$ 5,430.37 28,259.11 20,455.77 32,425.91 19.250.00 3,294.93 5,276.38 11.800.00 1,850.00
$128,042.47

$ 5,000.00 28,100.00 20.300.00 30.500.00 18.900.00 3.200.00 4.900.00 11,000.00 1.850.00
$123,750.00

$ 375.00 159.11 155.77
1,925.91 350.00 94.93 360.23 731.00
$ 4,151.95

$ 55.37
16.15 69.00 $ 140.52

$ 2 4 1 ,1 6 9 .1 3 $ 1 8 7 ,0 1 8 .0 3 $ 5 1 ,8 1 1 .4 2 $2,,33 9 .6 8

9,198.11

$250,367.24

$ 29,182.33 $ 92,869.32

$ 3,818.67 $ 15,360.28

$ 25,232.18 $ 76,736.80

$ 131.48 $ 772.24

415

SOUTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) DORMITORIES Davis Hall Men's Dormitory Powell Hall Proctor Hall Women's Dormitory TOTAL DORMITORIES
FARM
WATCHMAN'S COTTAGE
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

______________________ O bject C la s s ifica tio n __________

Salaries

Operating

and

Supplies and

Total

Wages

Expense

Equipment

$ 6,429.23 17,763.07 6,608.71 1,877.42 18,027.48
$ 50,705.91

$

80.21

$

160.61

$ 4,140.40 9,218.38 4,333.68 L 163.60
10,726.01 $ 29,582.07
$
$

$ 2,276.43 8,503.41 2,261.73 713.82 7,241.74
$ 20,997.13

$

80.21

$ 160.61

$ 12.40 41.28 13.30
59.73 $ 126.71
$
$

$172,998.38 $ 48,761.02 $123,206>93 $1,030.43

13,976.24

$186,974.62 $414,167.51 $235,779.05 $175,018.35 $3,370.11

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 39,212.90 24,100.80
$ 63,313.70
$ 14,022.74

$254,984.50 182,966.52
$437,951.02
$ 55,617.06

$250,367.24 186,974.62
$437,341.86
$ 40,894.72

$ 43,830.16 20,092.70
$ 63,922.86
$ 28,745.08

416

SOUTH GEORGIA COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

STUDENT LOAN FUNDS PLANT FUNDS TOTAL

Cash Balance July 1, 1959 $ 2,559.16 $ 43,244.53
$123,140.13

Receipts For Year $ 10,083.90
$ 38,049.35
$541,701.33

Disbursements Cash Balance

For Year

June 30, 1960

$ 5,282.31

$ 7,360.75

$ 44,678.40

$ 36,615.48

$528,197.29

$136,644.17

Alumni Fund Key Deposits Parking Permits Room Reservations Scholarships Student Bank Faculty Flower Fund Transportation Fund Payroll Deductions
SUB-TOTAL
Student Activities Student Activity Fees Athletics Publications Student Council Student Clubs Other TOTAL STUDENT ACTIVITIES
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

$

85.28

89.05

140.84

10,731.00

286.00

776.79

15.27

1,583.80

$13,708.03

$ 185.75 5.50
17,170.00 1,134.00
16,388.31 41.00
803.45 6,483.59 $42,211.60

Disbursements Cash Balance

For Year

June 30, 1960

$

18.60

143.76

10,928.30 840.00
15,693.90 28.34
376.66

$28,029.56

$

66.68

131.04

146.34

16,972.70

580.00

1,471.20

27.93

2.010.59

6.483.59

$27,890.07

$ 314.71
$ 314.71 $14,022.74

$ 9,619.25 1,741.15 555.20 771.56 139.30 579.00
$13,405.46
$55,617.06

$ 1,003.76 5,425.67 4,607.08 964.25 317.90 546.50
$12,865.16
$40,894.72

$ 8,930.20 (--) 3 , 6 8 4 . 5 2 (--) 4 , 0 5 1 . 8 8
(--) 1 92. 69 (-) 178. 60
32.50 $ 855.01
$28,745.08

417

SOUTH GEORGIA COLLEGE
STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1960

CASH BALANCE, JULY 1, 1959
RECEIPTS: National Defense Education Act Grant Gifts Repayment of Loans Interest on Loans TOTAL RECEIPTS
DISBURSEMENTS: Loans to Students
CASH BALANCE, JUNE 30, 1960

Kiwanis Loan Fund
$ 120.28

National Defense Loan Fund

Total

$2,438.88

$ 2,559.16

$
1,025.00 20.00
$1,045.00

$8,135.00 903.90
$9,038.90

$ 8,135.00 903.90
1,025.00 20.00
$10,083.90

$ 927.65 $ 237.63

$4,354.66 $7,123.12

$ 5,282.31 $ 7,360.75

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Davis Hall Thrash Hall Gymnasium Peterson Warehouse Powell Tennis Courts Instructional Equipment Miscellaneous Land Purchases Campus Curb and Gutter Dining Hall Auxiliary Replacement Reserve Campus Drainage and Utilities Survey for Rehabilitation Proctor Hall Campus Beautification Student Center Women's Dormitory Educational and General

Balance July 1, 1959
$ 181.18 1,210.88 3,000.00 2,102.80 7,751.88 549.29 57.25 1,920.05 4.00 2,000.00 5,010.00
11,000.00 8,457.20

Receipts $
10,000.00 1,000.00
13,976.24 1,000.00 2,500.00
9,198.11

Disbursements

Transfers

Balance June 30, 1960

$ 119.80 7,380.01 2,696.49

$ 1,000.00

8,418.46 415.64

3,000.00

1,300.96 663.85

3,070.56 800.00

4,039.14 16,246.79
757.40 24.00
144.11
1,657.45 814.30

5,500.00 (--) 10, 5 9 7 .2 0
327.55 2,000.00 3,097.20 1,000.00 (--) 9 , 1 9 8 . 1 1

$ 1,061.38 3,830.87 303.51 3,102.80 2,333.42 133.65 57.25 3,689.65 140.15 2,000.00 970.86 253.21
11,836.24 242.60
2,476.00 183.44
2,000.00 1,439.75
185.70

418

SOUTH GEORGIA COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Interest on Certificates of Deposit TOTAL

Balance Tulv 1, 1959
$
$43,244.53

Receipts $ 375.00 $38,049.35

Disbursements Transfers

$

$

$44,678.40

$

Balance June 30, 1960
$ 375.00
$36,615.48

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS State Appropriations Interest on Investments Transfer from General Funds Transfer from Auxiliary Enterprises TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Buildings and Additions to Buildings Davis Hall Dining Hall Gymnasium Powell Proctor Student Center Thrash Warehouse TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Campus Curb and Gutter Drainage and Utilities Survey TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment Dining Hall Student Center Thrash Warehouse Women's Dormitory Instructional Equipment

$43,244.53

$14,500.00 375.00
9,198.11 13,976.24

38,049.35 $81,293.88

$ 119.80 6,867.27 2,696.49 415.64 144.11 892.34 6,747.24 5,353.26

$23,236.15

$ 4,039.14 757.40 24.00

4,820.54

$ 9,379.52 765.11 632.77
3,065.20 814.30
1,300.96

419

SOUTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)
DEDUCTIONS (CONTINUED) Equipment (Continued) M iscellan eous Equipment TOTAL EQUIPMENT
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0, 1960

663.85

$16,621.71

$44,678.40 $36,615.48

SUMMARY OF INVESTMENT IN PLANT As of June 30 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority Adjustments for Prior Years TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 9 5 9 , PLUS ADDITIONS
DEDUCTION Adjustments for Prior Years
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$1,673,057.90

$ 44,678.40
2,339.68 1,030.43 30,397.65 1,317.50

79,763.66 $1,752,821.56

3,117.50 $1,749,704.06

646,653.39 $1,103,050.67

420

SOUTH GEORGIA COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

Investment Beginning
Of Year

Additions Deductions

Investment End Of Year

A. LAND Peterson Tract-199.2 acres M rs. Ollie A. Bryan T r a c t - . 4403 acres Mrs. Vicey Peterson Tract-4.4 acres J. L. Cochran T ract-8.85 acres City of Douglas Tract-3 acres Mrs. Vicey Peterson Richey Tract-.0626 acres J. M. Thrash Tract-4.289 acres Mrs. Lillian Price Stubbs and Mrs. J. L. Cochran Tract-16.46 acres J. F. Darby Tract-6 .2 8 acres G and F Investment Company Tract-. 926
acres TOTAL LAND

1907 1922 1923 1923 1938
1938 1944
1945 1945
1945

$

98.43 $

50.00

400.00

1,107.00

1.00

1.00 864.00

2,500.00 2,750.00

463.50

$

8,234.93 $

$

$

98.43

50.00

400.00

1,107.00

1.00

1.00 864.00

2,500.00 2,750.00

463.50

$

$

8,234.93

B. BUILDINGS Peterson Hall Davis Hall Powell Hall Dining Hall Fraser Hall Proctor Hall Shops and Sheds Gymnasium Thrash Hall Science Building Women's Dormitory (Building Authority) Classroom Annex (Building Authority) Scien ce Building (Building Authority) President's Home M en's Dormitory (Building Authority) Farm Tenant House Farm Barn Tobacco Barn Watchman's Cottage Syrup Shed Warehouse TOTAL BUILDINGS

1907 1907 1907 1927 1929 1929 1933 1936 1939 1946 1952 1954 1958 1953 1956
1958

C., IMPROVEMENTS OTHER THAN BUILDINGS "South Georgia College" Sign Heating System Landscaping

$ 75,178.55 57,839.36 61,724.95 35,802.29 42,706.37 42,172.82 1,500.00 23,588.74 40,866.59 29,765.37
261,143.66 55,234.29
201,472.21 32,000.00
232,734.33 5,000.00 3,000.00 300.00 3,000.00 300.00
32,352.02
$1 , 2 3 7 , 6 8 1 . 5 5

$ 1,317.50 119.80 415.64
6,867.27 144.11
2,696.49 6,747.24
892.34 26,514.25
5,353.26 $51,067.90

$ 1,500.00
300.00 $1,800.00

$ 76,496.05 57,959.16 62,140.59 42,669.56 42,706.37 42,316.93
26,285.23 47,613.83 29,765.37 261,143.66 56,126.63 227,986.46 32,000.00 232,734.33
5,000.00 3,000.00
300.00 3,000.00
37,705.28 $1,286,949.45

$

937.31 $

124,284.76

6,999.90

$

$

937.31

124,284.76

6,999.90

421

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired
c . IMPROVEMENTS OTHER THAN BUILDINGS (CONTINUED) Lighting System Marble Memorial Fountain Streets and Sidewalks Campus Fire Hazard Swimming Pool Campus Bell System Campus Sewer System Fire Safety and Deferred Maintenance Tennis Courts Campus Curb and Gutter Drainage and Utilities Survey TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administration Offices Plant Operations Library Instruction Classroom Annex (Building Authority) Scien ce Building (Building Authority) Dormitories Dormitories (Building Authority) Dining Hall Gymnasium Farm Bluebird Bus Student Center President's Home Infirmary Miscellaneous Warehouse TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

$

1,600.00

1,000.00

2,000.00

1,000.00

2,800.00

542.50

12,099.24

317.50

3,442.75

$ 157,023.96
$ 7,151.73 13,187.23 30,577.27 75,300.46 4,366.75
37,658.74 39,082.64 22,266.86
8,735.20 1,177.00 8,542.93 5,314.80 6,910.29 4,721.55 5,124.01
$ 270,117.46
$1 , 6 7 3 , 0 5 7 . 9 0

Additions
$
4,039.14 757.40 24.00
$ 4,820.54
$ 672.72 876.97
1,946.09 1,441.48 3,883.40
941.01 10,151.76
896.59
3,065.20 $23,875.22 $79,763.66

Deductions $
1,000.00 317.50
$1,317.50 $
$ $3,117.50

Investment End Of Year
$ 1,600.00 1,000.00 2,000.00
2,800.00 542.50
12,099.24
3,442.75 4,039.14
757.40 24.00
$ 160,527.00
$ 7,824.45 14,064.20 32,523.36 76,741.94 4,366.75 3,883.40 38,599.75 39,082.64 32,418.62 8,735.20 1,177.00 8,542.93 6,211.39 6,910.29 4,721.55 5,124.01 3,065.20
$ 293,992.68
$1 , 7 4 9 , 7 0 4 . 0 6

422

Armstrong College FINANCIAL REPORT
For the Year Ended June 30, I960

ARMSTRONG COLLEGE Savannah, Georgia

Foreman M. Hawes
President

Miss Jule Rossiter
Comptroller

423

I . CURRENT FUNDS A. GENERAL Cash in Bank Petty Cash Fund
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
C. AUXILIARY Cash in Bank Petty Cash Fund Stores (Inventory) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

ARMSTRONG COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

$ 62,725.52 150.00
$ 5,120.64 200.00
8,976.55

62,875.52 1,152.88

14,297.19 $

78,325.59

6,494.51

$ 256,422.00

$ 80,000.00 926,201.00 231,118.29

1,237,319,29 1,493,741.29
$1,578,561.39

424

I . CURRENT FUNDS A. GENERAL Accounts Payable Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
C . AUXILIARY Reserve for Stores Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

ARMSTRONG COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

$ 2,247.33 8,420.00
52,208.19 $ 62,875.52

1,152.88

$ 8,976.55 5,320.64

14,297.19 $

78,325.59

6,494.51

$ 256,422.00
$1,237,319.29
1,237,319.29 1,493,741.29
$1,578,561.39

425

ARMSTRONG COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Non-Resident Tuition Summer S e ssio n Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia
OTHER SOURCES Veterans Administration (Service Charge) Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES STUDENT CENTER
C . STUDENT AID GIFTS AND GRANTS
TOTAL CURRENT INCOME

$ 87,795.20 3,397.25 8,420.00 2,060.50

$101,672.95

306,000.00

$ 2,528.00 874.92

3,402.92

$411,075.87

38,067.66

4,014.64 $453,158.17

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION Business Office President's Office Registrar's Office TOTAL ADMINISTRATION

__________________________O bject C la s s ifica tio n __________

Salaries

Operating

and

Supplies and

Total

Wages

Expenses

Equipment

$ 11,579.68 16,404.32 21,915.45
$ 49,899.45

$ 10,907.54 15,500.00 20,117.94
$ 46,525.48

$ 672.14 $ 904.32
1,762.74 $ 3,339.20 $

34.77 34.77

426

ARMSTRONG COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) GENERAL Faculty and Staff Benefits General TOTAL GENERAL
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Evening College Business Administration Humanities Social Science Science Home Economics Technical Physical Education TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES.
B. AUXILIARY ENTERPRISES STUDENT CENTER
C . STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses

Equipment

$ 9,011.03 7,977.48
$ 16,988.51
$ 13,363.21
$ 36,136.97
$ 15,166.98

$ 8,643.31 4,421.76
$ 13,065.07
$ 11,415.13
$ 18,057.70
$ 10,581.56

$ 367.72 3,555.72
$ 3,923.44
$ 463.16
$17,021.18
$ 658.29

$ $ $ 1,484.92 $ 1,058.09 $ 3,927.13

$ 10,582.04 26,012.08 56,033.20 37,611.88 73,539.55 7,302.06 16,082.49 15,349.50
$242,512.80

$ 10,324.00 24,800.00 53,282.30 36,450.00 64,621.40 6,284.70 15,570.00 14,715.00
$226,047.40

$ 258.04 516.79 811.50 833.33
5,198.82 216.09 269.51 473.68
$ 8,577.76

$ 695.29
1,939.40 328.55
3,719.33 801.27 242.98 160.82
$ 7,887.64

$374,067.92

$325,692.34

$33,983.03

$14,392.55

$ 35,989.18

$ 5,795.07

$30,194.11

$

$ 4,145.33 $414,202.43

$ $331,487.41

$ 4,145.33 $68,322.47

$ $14,392.55

427

ARMSTRONG COLLEGE
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

STUDENT AID SCHOLARSHIPS Miscellaneous Civic Organizations

Balance July 1, 1959

Receipts For Year

Disbursements

Balance

For Year

June 30, 1960

$1,283.57 $4,014.64

$4,145.33

$1,152.88

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

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

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$25,867.57 1,283.57 3,242.16
$30,393.30
$ 1,306.44
$
$31,699.74

$411,075.87 4,014.64
38,067.66 $453,158.17

$374,067.92 4,145.33
x 35,989.18 $414,202.43

$ 21,667.74 $ 16,479.67

$256,422.00

$

$731,247.91

$430,682.10

$ 62,875.52 1,152.88 5,320.64
$ 69,349.04
$ 6,494.51
$256,422.00
$332,265.55

Student Activities M iscellaneous Agency Funds
TOTALS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance! Receipts July 1, 1959 For Year

Disbursements Cash Balance

For Year

June 30, 1960

$1,306.44

$12,774.44 8,893.30

$ 9,848.89 6,630.78

$4,231.99 2,262.52

$ lf 306.44 $21,667.74 $16,479.67

$6,494.51

428

BALANCE, JULY 1, 1959
ADDITIONS City of Savannah Interest on Savings Account TOTAL ADDITIONS
BALANCE, JUNE 30, 1960

ARMSTRONG COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

$

$254,400.00 2, 022.00

256,422.00 $256,422.00

SUMMARY OF INVESTMENT IN PLANT As of June 30 , 1960

ADDITIONS Land, Buildings and Equipment Transferred to Armstrong College by Mayor and Aldermen, City of Savannah Expended from Current General Funds, 1958-59 Expended from Current General Funds, 1959-60
INVESTMENT IN PLANT, JUNE 3 0 , 1960

$1,220,076.33 2,684.83
14,558.13

$1,237,319.29

A. LAND
B. BUILDINGSArmstrong Building Jenkins Hall Lane Building Lane Annex Hunt Building Gamble Building TOTAL BUILDINGS

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Investment Beginning
Of Year
$

Additions $ 80,000.00

Investment End Of Year
$ 80,000.00

$

435,000.00

435,000.00

9 0 .0 0 0 . 00

9 0 .0 0 0 . 00

1 5 .0 0 0 . 00

1 5 .0 0 0 . 00

7,000.00

7,000.00

5 0 . 0 0 0 . 00

5 0 . 0 0 0 . 00

_______________________3__2_9_,_2_0_1__. _0_0________3__2_9_,_2_0_1__. 0__0

$__________________ $ 9 2 6 , 2 0 1 . 0 0 $ 9 2 6 , 2 0 1 . 0 0

429

ARMSTRONG COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

C . EQUIPMENT Armstrong Building Jenkins Hall Lane Building Lane Annex Hunt Building Gamble Building Hodgson Hall TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year

Additions

Investment End Of Year

$

$ 27,048.78 $ 27,048.78

10,098.82

10,098.82

18,599.21

18,599.21

4,251.52

4,251.52

13,139.00

13,139.00

62,460.96

62,460.96

95,520.00

95,520.00

$

$ 231,118.29 $ 231,118.29

$

$1-, 2 3 7 , 3 1 9 . 2 9 $1,, 2 3 7 , 3 1 9 . 2 9

430

Abraham Baldwin Agricultural College FINANCIAL REPORT
For the Year Ended June 30, I960

ABRAHAM BALDWIN AGRICULTURAL COLLEGE Tifton, Georgia

George P. Donaldson
President

J. T. Webb
Comptroller

431

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
BALANCE SHEET. June 30, 1960
ASSETS

I . CURRENT FUNDS A. GENERAL Cash in Bank Central Stores Inventory
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
C . AUXILIARY Cash in Bank Imprest Cash Stores Student Store Dining Hall TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. LOAN FUNDS Cash in Bank Investments Notes Receivable
TOTAL LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary Investment TOTAL UNEXPENDED
B. EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 31,753.04 3,416.85
$ 35,169.89

387.91

$
$ 5,128.91 10,188.29

44,405.69 680.00
15,317.20

60,402.89 $

95,960.69

3,175.62

$

619.65

2,165.00

2,258.53

5,043.18

$ 19,553.50 20,482.64 $ 40,036.14

$ 307,793.08 1,587,514.79 423,266.56

2,,3 1 8 ,5 7 4 .4 3 2,358,610.57

$2,462.790.06

432

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I. CURRENT FUNDS A. GENERAL Unearned Income Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
C. AUXILIARY Unearned Income Reserve for Stores Room Reservation F ees Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. LOAN FUNDS Fund Balance

$

1,834.80

3,416.85

29,918.24

$ 35,169.89

387.91

$ 1,574.00 15,317.20 14,878.00 28,633.69

60,402,89 $

95,960.69

3,175.62

$ 5,043.18

TOTAL LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

5,043.18
$ 31,147.61 8,888.53 $ 40,036.14
$ 559,737.18 1,758,837.25 2,318,574.43 2,358,610.57 $2,462,790.06

433

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL STUDENT FEES
Matriculation Clinical Non-Resident Tuition Summer School Other Student Fees
TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia
SALES AND SERVICES Home Management Farm Poultry Processing Plant Animal Production TOTAL SALES AND SERVICES
OTHER SOURCES Rents Miscellaneous TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL
AUXILIARY ENTERPRISES BOOKSTORE
DINING - HOWELL HALL
DORMITORIES Annex Weltner Hall Herring Hall Lewis Hall Cre swell Hall TOTAL DORMITORIES
ROOM RESERVATIONS
TOTAL AUXILIARY ENTERPRISES INCOME
C . STUDENT AID GIFTS AND GRANTS Georgia Bankers' Association Civic Clubs
TOTAL STUDENT AID
TOTAL CURRENT INCOME

$ 45,071.00 4,530.20 4,150.00 2,678.31 182.50

$ 56,612.01

242,000.00

$ 1,575.00 2,136.86 3,738.33 4,979.41 3,822.66

16,252.26

$ 1,073.85 1,118.32

2,192.17

$ 32,325.87 128,846.67

$ 7,652.45 11,160.27 10,177.10 10,038.12 12,891.09

51,919.03 985.00

214,076.57

$ 1,405.00 6,393.43

7,798.43 $538,931.44

434

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL ADMINISTRATION
Business Office President's Office Registrar's Office
TOTAL ADMINISTRATION
GENERAL EXPENSE Faculty and Staff Benefits General Institutional TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
INSTRUCTION Dean and Guidance Agricultural Engineering Animal Husbandry Agronomy and Botany Field Crops Forestry Arts Home Economics Physical Education Chemistry Math and Physics Soils Zoology Secretarial Science Summer School TOTAL INSTRUCTION

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 16,000.77 13,518.47 8,003.91
$ 37,523.15

$ 15,528.67 11,600.54
7,725.00 $ 34,854.21

$ 328.51 1,917.93 264.21
$ 2,510.65

$ 143.59
14.70 $ 158.29

$ 7,341.36 $ 6,214.89
$ 13,556.25 $

$ 7,341.36 $

345.00

5,869.89

345.00 $ 13,211.25 $

$

600.00

800.00

2,238.69

$ 3,638.69

$ 44,759.13

$ 12,224.47

$

600.00

800.00

1,708.92

$ 3,108.92

$ 17,275.97

$ 9,072.20

$

529.77

$

529.77

$ 26,369.56

$

577.27

$
$ $ 1,113.60 $ 2,575.00

$ 10,715.68 14,471.16 7,104.47 7,266.00 7,200.24 7,459.18 29,915.37 10,787.92 11,139.18 11,108.38 14,310.02 5,454.13 6,312.47 9,288.99 2,700.00
$155,233.19

$ 9,120.01 12,344.26 6,936.50 6,972.50 6,974.13 6,586.50 29,377.76 9,057.87 9,850.25 9,873.50 12,309.00 5,350.00 5,081.00 8,276.75 2,700.00
$140,810.03

$ 1,082.96 1,748.87 167.97 293.50 226.11 595.93 537.61 1,667.93 955.18 850.35 622.30 104.13 948.30 739.79
$ 10,540.93

$ 512.71 378.03
276.75
62.12 333.75 384.53 1,378.72
283.17 272.45
$ 3,882.23

435

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

A. EDUCATIONAL AND GENERAL (CONTINUED) ACTIVITIES RELATED TO INSTRUCTION Home Managment Farm Poultry Processing Plant Animal Production TOTAL ACTIVITIES RELATED TO INSTRUCTION
EXTENSION Short Courses
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
B. AUXILIARY ENTERPRISES STUDENT STORES
DINING HALL - HOWELL
DORMITORIES Annex Hall Weltner Hall Herring Hall Lewis Hall Cre swell Hall TOTAL DORMITORIES
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Plant Funds Plant Funds - Replacement Reserve TOTAL TRANSFERS
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

Total
$ 1,388.43 5,153.70 4,817.66 6,717.20 6,154.46
$ 24,231.45
$ 13,382.70
$304,549.03
11,000.00
$315,549.03
$ 28,915.11 $116,019.02
$ 6,802.01 9,096.58 8,457.51 8,384.25
12,998.00 $ 45,738.35 $190,672.48
$ 4,250.00 10,664.97
$ 14,914.97 $205, 587.45

Salaries and
Wages

Object Classification

Operating

Supplies and

Expense

Equipment

$

$ 1,388.43 $

2,545.10

2,608.60

1,238.05

3,579.61

1,606.09

5, 1 1 1 . 11

1,953.00

4,201.46

$ 7,342.24 $ 16,889.21 $

$ 9,421.22 $ 3,346.37 $ 615.11

$222,229.79 $ 73,975.01 $ 8,344.23

$ 1,234.01 $ 31,529.74

$ 27,681.10 $ 83,974.78

$ $ 514.50

$ 4,343.23 3,217.08 3,904.36 3,835.13 7,533.08
$ 22,832.88
$ 55,596.63

$ 2,458.78 4,079.50 3,965.54 4,549.12 5,464.92
$ 20,517.86
$132,173.74

$ 1,800.00 587.61
$ 2,387.61 $ 2,902.11

436

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

C . STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Total

Salaries and
Wages

Object Classification

Operating

Supplies and

Expense

Eguipment

$ 7,410.52 $502,632.03

$ $277,826.42

$ 7,410.52 $213,559.27

$ $11,246.34

437

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960
BALANCE OF PRINCIPAL, BEGINNING OF YEAR ADDITIONS
Interest on Loans and Investments BALANCE OF PRINCIPAL, END OF YEAR

$4,867.35
175.83 $5,043.18

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1960

LOAN FUNDS Ruth F . Wright Susie T. Moore Harry F . Kulbersh Ferrell Jolly Clovis Turk, Sales City Mrs. John G. Padrick
TOTAL TRUST FUNDS

Fund Balance

Fund Balance

July 1, 1959 Additions June 30, 1960

$ 645.45 1,162.73 1,485.05 500.35 1,042.50 31.27
$4,867.35

$ 29.01 59.68 42.74 13.50 30.00 .90
$175.83

$ 674.46 1,222.41 1,527.79 513.85 1,072.50 32.17
$5,043.18

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Auxiliary Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
LOAN FUNDS

Cash Balance July 1, 1959

Receipts For Year

Disbursements Cash Balance

For Year

June 30, 1960

$ 30,245.63 36,596.57
$ 66,842.20
$ 896.15
$ 3,272.75

$317,056.44 214,076.57 7,798.43
$538,931.44

$ 79,079.09

$

992.82

$315,549.03 205,587.45 7,410.52
$528,547.00
$ 77,929.10
$ 1,480.92

$ 31,753.04 45,085.69 387.91
$ 77,226.64
$ 2,046.14
$ 2,784.65

438

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

PLANT FUNDS STUDENT BANK TOTAL

Cash Balance Tuly 1, 1959
$121,152.30
$ 1,069.20
$l93f 232.60

Receipts For Year
$ 41,733.96
$ 34,807.55 $695,544.86

Disbursements Cash Balance

For Year

Tune 30, 1960

$122,850.12

$ 40,036.14

$ 34,747.27

$ 1,129.48

$765,554.41

$123,223.05

BANK BALANCES
THE FARMERS' BANK OF TIFTON, TIFTON, GEORGIA THE BANK OF TIFTON, TIFTON, GEORGIA TOTAL

$ 78,137.36 45,085.69
$123,223.05

Student Acitivity TABAC OAB Tax Withheld Student Payroll
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1. 1959
$ 853.35 42.80
1,069.20 $1,965.35

Receipts For Year
$ 13,516.42 3,898.50
10,073.96 51,590.21 34,807.55
$113,886.64

Disbursements Cash Balance

For Year

Tune 30, 1960

$ 13,820.44 3,789.00 8,729.45
51,590.21 34,747.27

$ 549.33 152.30
1,344.51
1,129.48

$112.676.37

$3.175.62

439

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Gymnasium General Heating System E. and G . Equipment Weltner Hall Auxiliary Equipment Auxiliary Equipment Reserve Creswell Hall Teaching Equipment Howell Hall Rural Life Building Campus - Lights Agricultural Building Tift Hall Swimming Pool Organ Library Interest on Investment
TOTAL

Balance
Tuly i f 1959

$

152.30

1,156.94

17.42

2,505.55

161.98

28,482.64

136.55

52.74

86,196.87

2,289.31 $121,152.30

Receipts $
8,000.00 10,664.97
4,250.00 6,250.00 2,000.00 4,500.00 1,750.00 2,250.00 2,068.99 $41,733.96

Disbursements

$

95.00

10,413.05 7,876.36

25.66 3,197.81 81,773.90 5,800.00 1,983.10 4,271.30 3,813.94 3,600.00

$122,850.12

Transfers $
(-)8, 000.00 8,000.00
(-)2, 250.00 (-)3, 600.00
2,250.00 3,600.00 $

Balance June 30, 1960

$

57.30

1,156.94

17.42

92.50

285.62

31,147.61

136.55

27.08

1,052.19

4,422.97

450.00

16.90

228.70

186.06

758.30 $40,036.14

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Appropriations - State of Georgia Transfers - Educational and General - Auxiliary Enterprises - Replacement Reserve Interest Earned on Investment TOTAL ADDITIONS
BALANCE, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Rural Life Building

Funds for Plant
Additions
$121,152.30

$ 13,750.00 11, 000.00 4,250.00 10,664.97 2,068.99

41,733.96 $162,886.26

$ 69,649.50

440

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Buildings and Additions to Buildings (Continued) Weltner Hall Tift Hall Howell Hall Agricultural Building Agricultural Engineering Building TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Campus - Landscape Sewerage Disposal Electrical System Swimming Pool TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment Rural Life Building Auditorium Agricultural Building Agricultural Engineering Building Tift Hall W eltner Hall Annex Weltner Hall Herring Hall Lewis Hall Cre swell Hall Howell Hall TOTAL EQUIPMENT
Other Deductions Expenditures Not Capitalized
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0 , 1960

Funds for Plant
Additions

$ 8,694.20 1,943.43 3,197.81 667.10 146.60

$ 84,298.64

$

657.85

629.50

4,595.00

3,813.94

9,696.29

$ 12,124.40 3,600.00 1,049.40 25.66 2,327.87 159.50 2,377.70 2,175.95 2,237.57 467.50 458.14

27,003.69

1,851.50

$122,850.12 $ 40,036.14

441

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended from Agency Fund Account Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0, 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0, 1960

$2,150,071.79

$ 120,998.62
8,344.23 2,902.11
321.00 35,936.68

168,502.64 $2,318,574.43

559, 737.18 $1,758,837.25

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

LAND Campus and Farm Farm
TOTAL LAND
BUILDINGS Creswell Hall Science Building Agricultural Engineering Building Library Tift Hall - Administration Auditorium-Gymnas ium Howell Hall - Dining Weltner Hall Lewis Hall Herring Hall W eltner Hall Annex North side Home Economics Building

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

1907 1951

$ 10,000.00 $ 16,600.00
$ 26,600.00 $

$

$ 10,000.00

16,600.00

$

$ 26,600.00

1953 1954 1954 1938 1907 1938 1938 1936 1907 1907 1958 1948 1941

$ 268,656.81 $

$

117,936.41

99,780.87

146.60

14,508.07

78,196.40

1,943.43

115,104.02

51,126.51

3,197.81

65,817.84

10,494.20

91,950.35

89,783.71

441.61

137,860.30

28,380.70

11,187.50

21,153.88

$ 268,656.81 117,936.41 99,927.47 14,508.07 80,139.83 115,104.02 54,324.32 76,312.04 91,950.35 90,225.32 166,241.00 11,187.50 21,153.88

442

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

BUILDINGS (CONTINUED) President's House Agricultural Building Lakeside Processing Plant Storage - Feed Log Cabin Poultry Houses Barn Tenant #1 Tenant #2 Potato House Ina Gaines House Farm Shop Shed Hog Bam Cattle Barn Rural Life Building
TOTAL BUILDINGS

1915 1940 1947 1942 1940 1937 1941 1953 1940 1943 1950 1955 1957 1957 1957 1958

IMPROVEMENTS OTHER THAN BUILDINGS

Heating System

1948

Water System

1949

Electrical System

1949

Campus Bell System

1949

Fences

1949

Pond Irrigation

1950

Refrigeration System

1952

Campus Landscape

1952

Pastures

1957

Sewage Disposal

1948

Tennis Courts

1958

Swimming Pool

1960

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

D. EQUIPMENT Tift Hall - Administration - Classrooms Log Cabin Library Auditorium-Gymna s ium Howell Hall Weltner Hall Herring Hall

Investment Beginning Of Year
$ 13,530.39 41,201.67 23,281.80 47,947.37 938.88 6,510.76 14,384.59 6,286.08 300.00 300.00 564.74 30,414.98 6,000.00 3,408.49 1,026.29 113,435.13
$1 , 4 7 2 , 5 9 3 . 8 4
$ 152,820.34 84,490.97 2,043.50 1,563.27 100.00 5,539.40 2,122.62 2,096.12 3,830.16 12,690.91 3,915.00
$ 271,212.29
$ 14,431.25 12,218.13 3,885.34 51,989.30 39,369.27 46,592.28 14,954.40 14,784.58

Additions
$ 667.10
69,649.50 $114,920.95
$ 4,879.50
657.85 629.50 3,813.94 $ 9,980.79
$ 2,998.87 272.45 149.00
2,575.00 4,105.75
972.64 2,377.70 2,321.95

Deductions $
$ $
$ $

Investment End Of Year
$ 13,530.39 41,868.77 23,281.80 47,947.37 938.88 6,510.76 14,384.59 6,286.08 300.00 300.00 564.74 30,414.98 6,000.00 3,408.49 1,026.29 183,084.63
$1 , 5 8 7 , 5 1 4 . 7 9
$ 152,820.34 84,490.97 6,923.00 1,563.27 100.00 5,539.40 2,122.62 2,753.97 3,830.16 13,320.41 3,915.00 3,813.94
$ 281,193.08
$ 17,430.12 12,490.58 4,034.34 54,564.30 43,475.02 47,564.92 17,332.10 17,106.53

443

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Lewis Hall Home Economics Building Norths ide Agricultural Building Lakeside Processing Plant Farm Shop Shed Storage Building Poultry House Barn Farm and Campus Irrigation Automotive (Busses and Trucks) Cre swell Hall Agricultural Engineering Building Ina Gaines House Hog Barn Cattle Barn Science Building Rural Life Building Weltner Annex TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Year Acquired

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

$ 15,714.77 $ 2,237.57 $

10,591.36

62.12

1,409.69

11,676.03

1,049.40

3,532.31

9,605.12

45.00

3,808.74

3,749.00

3,174.64

1,253.98

5,984.62

126.00

729.08

24,214.20

87.00

31,577.76

467.50

22,208.30

482.09

6,207.62

940.50

4,121.67

20,941.72

2,046.42

13,508.96

7,715.48

$ 379,665.66 $ 43,600.90 $

$2,150,071.79 $168,502.64 $

$ 17,952.34 10,653.48 1,409.69 12,725.43 3,532.31 9,650.12 3,808.74 3,749.00 3,174.64 1,253.98 6,110.62 729.08 24,301.20 32,045.26 22,690.39 6,207.62 940.50 4,121.67 22,988.14 13,508.96 7,715.48
$ 423,266.56
$2,318,574.43

444

Albany State College FINANCIAL REPORT
For the Year Ended June 30, I960

ALBANY STATE COLLEGE Albany, Georgia

W. H. Dennis, Jr.

W.

President

Shropshire
Comptroller

ALBANY STATE COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

I . CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable Veterans Administration Students Others Stores TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores

$
$ 2,651.26 2,997.56 8,171.43

46,523.74
13,820.25 6,196.48 $

66,540.47

$ 40,494.38 6,481.90 8, 001.66

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
in. STUDENT LOAN FUNDS
Notes Receivable
IV. NATIONAL DEFENSE STUDENT LOAN FUND Cash in Bank Notes Receivable
TOTAL NATIONAL DEFENSE STUDENT LOAN FUND
V. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Student Loan Funds Due from Auxiliary Enterprises TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

54,977.94 $ 121,518.41

17,445.39

14,900.24

$ 4,434.86 27,960.79

32,395.65

$ 7,003.51 14,900.24 30,738.39 $ 52,642.14

$ 30,936.75 1,692,806.14 64,601.70 525,992.19

2,314,336.78

2,366,978.92 $2,553.238.61

446

ALBANY STATE COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for National Science Foundation Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Unearned Income Reserve for Stores Due to Unexpended Plant Funds Unappropriated Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
nj AGENCY FUNDS
Fund Balance
in. STUDENT LOAN FUNDS
Due to Plant Funds
IV. NATIONAL DEFENSE STUDENT LOAN FUND Fund Balance
TOTAL NATIONAL DEFENSE STUDENT LOAN FUND
V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance
TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$

1,454.58

241.68

11,276.03

24,292.20

6,196.48

23,079.50

$ 66,540.47

$ 6,903.94 6,172.82 8,001.66
30,738.39 3,161.13

54,977.94 $ 121,518.41

17,445.39

14,900.24

$ 32,395.65

32,395.65

$ 30,738.39 21,903.75
$ 52,642.14

$ 548,322.52 1,766,014.26

2,314,336.78

2,366,978.92

$2,553,238.61

447

ALBANY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Fees Summer School Saturday and Evening C la sses Other Student Fees TOTAL STUDENT FEES
GOVERNMENTAL State of Georgia Dougherty County Board of Education TOTAL GOVERNMENTAL
OTHER SOURCES Nursery School National Science Foundation Columbus Center General Miscellaneous Income TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES DINING HALL
DORMITORIES Davis Hall Gibson Hall Peace Hall McIntosh Hall TOTAL DORMITORIES
STUDENT CENTER Bookstore Snack Bar Post Office TOTAL STUDENT CENTER
LAUNDRY
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

$ 1,161,00 96,790.22 7,484.74 15,377.11 468.75 2,047.65

$123,329.47

$396,500.00 28,516.41

425,016.41

$ 1,384.00 46.200.00 13.210.00 1,225.61

62,019.61 $610,365.49

$115,023.10

$ 9,418.43 8,136.14
11,357.83 21,020.26

49,932.66

$18,269.18 20,176.55 1,165.00

39,610.73 9,663.33

214,229.82 $824,595.31

448

ALBANY STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Business Office Records and Admissions Office TOTAL ADMINISTRATION
GENERAL EXPENSE Public Relations Faculty and Staff Benefits General Institutional Expense TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Students Dean of Men Dean of Women Health Services TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean of Instruction Art English and Dramatics Modern Languages Music Education Health and Physical Education Psychology and Special Education Science Mathematics Social Science Business Home Economics Summer School TOTAL INSTRUCTION

____________________

Salaries

and

Total

Wages

O b ject C la s s ific a tio n ___________

Operating

Supplies and

Expense

Equipment

$ 15,685.16 23,830.17 18,002.07
$ 57,517.40

$ 15,119.00 22,940.06
15,880.06 $ 53,939.12

$ 463.40 826.91
1,922.01 $ 3,212.32

$ 102.76 63.20
200.00 $ 365.96

$ 10,225.67 16,266.66 24,429.29
$ 50,921.62

$ 9,051.54 477.90
2,917.15 $ 12,446.59

$ 988.96 15,788.76 21,512.14
$ 38,289.86

$ 185.17 $ 185.17

$ 11,408.67 3,182.16 1,814.46 8,137.76
$ 24,543.05
$ 76,009.48
$ 30,709.53

$ 10,969.46 3,014.60 1,633.00 6,926.50
$ 22,543.56
$ 31,186.11
$ 22,154.01

$

439.21

167.56

181.46

1,211.26

$ 1,999.49

$ 43,301.77

$ 2,908.32

$
$ $ 1,521.60 $ 5,647.20

$ 10,884.30 11,081.21 20,192.42 11,937.02 16,316.19 34,191.54 26,727.84 5,311.01 30,483.74 13,565.87 18,018.07 21,096.31 5,118.56 26,749.29
$251,673.37

$ 7,888.63 10,350.00 19,606.64 11,400.00 14,800.00 33,860.07 25,686.50 5,015.63 27,012.50 13,375.00 17,700.00 19,150.00 5,050.00 26,570.00
$237,464.97

$ 2,363.73 441.26 585.78 317.02 480.59 331.47 474.90 295.38
1,324.91 190.87 170.47 473.01 68.56 179.29
$ 7,697.24

$ 631.94 289.95
220.00 1,035.60
566.44
2,146.33 147.60
1,473.30
$ 6,511.16

449

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

A. EDUCATIONAL AND GENERAL (CONTINUED) ACTIVITIES RELATED TO INSTRUCTION Hazard Practice School Nursery School TOTAL ACTIVITIES RELATED TO INSTRUCTION

$ 36,597.99 5,553.57
$ 42,151.56

COLUMBUS CENTER

$ 17,428.63

RESEARCH (NATIONAL SCIENCE FOUNDATION)

$ 21,907.80

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES $ 5 7 2 , 8 6 2 . 4 4

NON-EXPENSE Transfer to Plant Funds Stores (Net) TOTAL NON-EXPENSE

$ 5,100.00 2,263.13
$ 7,363.13

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS $ 5 8 0 , 2 2 5 . 5 7

B. AUXILIARY ENTERPRISES DINING HALL

$ 94,824.62

DORMITORIES Davis Hall Gibson Hall McIntosh Hall Peace Hall TOTAL DORMITORIES
BOOKSTORE

$ 8,332.37 11,973.81 16,456.19 10,266.85
$ 47,029.22
$ 18,098.33

SNACK BAR POST OFFICE LAUNDRY TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$ 19,755.58 $ 1,086.10 $ 6,438.28 $187,232.13

Salaries and Wages

Object Classification

Operating

Supplies and

Expense

Equipment

$ 35,625.00 4,633.75
$ 40,258.75
$ 16,834.00
$ 3,350.00
$440,177.11

$ 654.01 919.82
$ 1,573.83
$ 594.63
$ 18,557.80
$118,135.26

$ 318.98 $ 318.98 $ $ $14,550.07

$ 22,475.01 $ 71,481.04 $ 868.57

$ 4,088.74 7,455.61 7,546.43 5,083.66
$ 24,174.44
$ 3,100.24
$ 3,210.21
$ 1,050.00
$ 1,096.50
$ 55,106.40

$ 4,243.63 4,518.20 8,725.01 5,153.18
$ 22,640.02

$ 14,998.09

$ 16,545.37

$

36.10

$ 5,341.78

$131,042.40

$ 184.75 30.01
$ 214.76
$
$
$
$ $ 1,083.33

450

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) TRANSFER TO: Plant Funds - Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Salaries and Wages

Object Classification

Operating

Supplies and

Expense

Eguipment

$ 7,000.00 $194,232.13 $760,094.57

$495,283.51

$249,177.66

$15,633.40

PUBLIC TRUST FUND - NATIONAL DEFENSE STUDENT LOAN For Year Ended June 30, 1960
RECEIPTS Federal Capital Contributions Alumni and M iscellan eo us Gifts
TOTAL RECEIPTS
PAYMENTS Investment - Student Loans
BALANCE, JUNE 3 0 , 1960
TOTAL PAYMENTS AND BALANCE
FUNDS ASSETS - JUNE 30, 1960 Cash on Hand Investment - Student Loans
TOTAL

$28,703.00 3,692.65
$32,395.65
$27,960.79 4,434.86
$32,395.65
$ 4,434.86 27,960.79
$32f 395.65

451

ALBANY STATE COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
NATIONAL DEFENSE STUDENT LOAN FUND
TOTAL

Cash Balance July 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance Tune 30, 1960

$16,383.82 20,496.69
~ $36,880.51

$ 610,365.49 $ 580,225.57 $ 46,523.74

214,229.82

1 9 4 , 2 3 2 . 1 3 ______ 4 0 , 4 9 4 . 3 8

$ 824,595.31 $ 774,457.70 $ 87,018.12

$12,818.01 $ 148,184.19 $ 143,556.81 $ 17,445.39

$43,990.45 $ 44,506.65 $ 81,493.59 $ 7,003.51

_ $ _______________ $ 3 0 , 0 1 8 . 6 5 $ 2 5 , 5 8 3 . 7 9 $ 4 , 4 3 4 . 8 6

$93,688.97 $1,047,304.80 $1,025,091.89 $115,901.88

Alpha Kappa Alpha Sorority Archronian Club Application Deposits Athletic Committee Band Fund Bus Fund Chess Club Class of 1954 C la s s of 1955 (Summer) Class of 1957 C la s s of 1957 (Summer) Class of 1958 C la s s of 1958 (Summer) Class of 1959 C la s s of 1959 (Summer) Class of 1960 C l a s s of 1960 (Summer) Class of 1961 Class of 1962 Collegians Scholarship Fund Commercial Club

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959

$

11.80

(-). 58

675.00

538.18

560.00

(-) 2, 319.2 7

12.02

.0 2

(-)IO.OO

23.12

52.48

18.95

44.00

29.00

56.05

.90

10.45

Receipts For Year

$

40.50

8,557.00 663.58

1,303.05

1,248.00 834.65 12.60 336.71 6 .0 0 70.00

Disbursements Cash Balance For Year June 30, 1960

$

52.30

7,827.00 384.20 799.00
1,239.28 12.02

1,248.00 256.70
289.40
70.00

$ (-) - 58
1,405.00 817.56
(--) 23 9 . 0 0 ( - ) 2 , 255. 50
.02 (-)IO.OO
23.12 52.48 18.95 44.00 29.00
634.00 12.60 48.21 6 .0 0
10.45

452

ALBANY STATE COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Davis Hall Dormitory Club Delta Sigma Theta Sorority Eta Phi Beta Scholarship Fund Faculty Chest Fund Future Teachers of America General Deposits Gibson Hall Dormitory Club Holley Memorial Fund Homecoming Committee Honors Day Hospital John W . Dobbs Scholarship Fund Kappa Alpha Psi Fraternity Key Deposits Language Arts F estiv al Library Club McIntosh Dormitory Club Panhellenic Council Peace Hall Dormitory Club Phelps-Stokes Fund Practice Teachers Board Salary Savings Sales Tax Senior Comprehensive Examination S ch o la s tic Aptitude Test Sophomore Comprehensive Social Science Club Student Activities Student Government Student Insurance Student Teaching Vesper Veterans Club Women's League Year Book Accounts (1956-59) Y. M. C . A. Zeta Phi Beta Sorority Federal Withholding Tax Deductions Group Insurance Deductions Retirement Deductions Social Security Deductions Faculty Chest Deductions State Withholding Tax Deductions Utility Deductions
TOTAL AGENCY FUNDS

Cash Balance Tuly 1, 1959
$ 24.30 .80
141.69 14.00
12,580.15 25.00
560.71 (-) 121.99
100.50 .50
123.00 2.13
26.55 5.00 .07
419.03 75.80
(-)58. 63 ( - ) 1 8 5 . 81
84.00 30.00 14.00
1.00 (--) 5 . 2 3
3.10 15.16
29.21
20.00 (-)831.85
14.70 9.00
$12,818.01

Receipts For Year

$

30.00

13.50

250.00

2,064.70

3,300.00 26.00 1.00
160.90 395.00

294.00 4.00
264.00

37.02 67.50 105.75

710.66

1,249.01

314.00 1,666.00
6 .0 0

27,164.46 2 .0 0
72.80 602.00

31.25 22.75 1,836.03

14.03
50,982.95 8,447.14
20,399.87 11,885.62
1,976.00 416.16 300.00

$148,184.19

Disbursements Cash Balance

For Year

Tune 30, 1960

$

54.50

13.50

250.00

2,150.09

1,290.00 51.00
501.40 80.94
332.00

238.00
26.00 94.05 100.00
785.44
1,172.87
303.00 1,802.00
25,709.30
72.80 517.00
20.00 32.75 1,356.53
18.00 50,982.95
8,447.14 20,399.87 11,885.62
1,976.00 416.16 300.00

$ (- ). 20 .80
56.30 14.00 14,590.15
60.31 ( - ) 4 2 . 03
163.50 .50
294.00 4.00
149.00 2.13
11.02
10.75 .07
344.25 75.80 17.51
(--) 1 85. 81 95.00
(-H 0 6 .0 0 2 0 .0 0 1.00
1,449.93 5.10
15.16 85.00 29.21 11.25 1 0 .0 0 (--) 3 5 2 . 3 5 14.70
5.03

$143,556.81

$17,445.39

453

ALBANY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Gibson Hall Peace Hall Davis Hall Dining Hall Addition to Hazard Practice School Shop and Warehouse McIntosh Hall Hazard Education Center Caroline Hall Library (New) Margaret Rood Hazard Student Center (Old Library) Non-Recurring Equipment Athletic Field (Loan Fund) Sanford Hall (Boiler) Land
TOTAL

Balance July 1, 1959
$ 428.88 303.77 31.07 334.86 125.42 509.99 5.96 977.32 717.88
13,671.02 500.00
1,050.55 25,333.73
$43,990.45

Receipts $ 5,475.84
737.43 180.10
606.63
19,500.00 1,600.00 4,556.65 3,500.00 8,350.00
$44,506.65

Disbursements Transfers

$ 5,904.72

$

768.50 514.96
281.12 908.86 437.70

125.42 (--) 1 2 5 .4 2

13,671.02 19,946.75
1,633.35 25,858.86
3,031.00 8,536.75

$81,493.59

$

Balance June 30, 1960
$ 303.77
228.87 (-)2 9 6 .27
665.04 717.88
53.25 1,017.20 4,031.52
469.00 (-)1 8 6 .75
$7,003.51

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS State of Georgia - Regents Allotment Sand Hill Property Receipts Transfers from Auxiliary Funds Transfers from Unappropriated Surplus (Educational and General) Student Loan Receipts TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Land Expended for Plant Additions Buildings and Additions to Buildings McIntosh Hall Sanford Hall Student Center

$43,990.45

$27,850.00 3,302.42 7,000.00
5,100.00 1,254.23

44,506.65 $88,497.10

$ 8,536.75

$ 25.00 3,031.00
12,773.40

454

ALBANY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Buildings and Additions to Buildings (Continued) Dining Hall Gibson Hall Library (New) TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Equipment Gibson Hall Davis Hall McIntosh Hall Dining Hall Shops and Warehouse Hazard Education Center Student Center Library (New) Non-Recurring Equipment Health Service Classroom Chairs Instructional TOTAL EQUIPMENT
Improvements Other Than Buildings Development of Athletic Field Hazard Education Center - Drainage and Ground Improvement Library (New) Drainage and Ground Improvement TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1960

$ 255.16 380.60 595.90

$17,061.06

$ 600.15 470.00 563.20

$ 5,524.12 768.50 883.86 259.80 281.12 363.75
7,173.35 12,390.05
1,633.35

29,277.90

$25,858.86
73.95 685.07

26,617.88

81,493.59 $ 7,003.51

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures TOTAL ADDITIONS

$2,223,913.17

$ 81,493.59
14,550.07 19,083.33

97,126.99

455

ALBANY STATE COLLEGE
SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
INVESTMENT IN PLANT, JULY 1, 1 9 59, PLUS ADDITIONS
DEDUCTIONS Boiler Equipment taken from Sanford Hall Library Furniture transferred to Augusta College Dining Hall Equipment Expended Gibson Hall Furniture Expended McIntosh Hall (Building Authority) Equipment Expended TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 3 0, 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1960

$2,321,040.16

$ 3,031.00 2,165.83 325.00 805.55
________ 3 7 6 .0 0

6,703.38 $2,314,336.78

548,322.52 $1,766,014.26

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

A. LAND
B. BUILDINGS McIntosh Hall (Building Authority) S cien ce Building (Building Authority) Sanford Hall Student Center (Old Library) Caroline Hall Dining Hall Hazard Training School Addition Gibson Hall Peace Hall Davis Hall Shops and Warehouse (Boys Project) Nursery School (Farm House) Maintenance Storage (N. Y. A.) President's House Garage Hazard Education Center Library (New) Margaret Rood Hazard
TOTAL BUILDINGS

Investment Beginning Of Year
$ 22,400.00

Additions $ 8,536.75

Deductions $

Investment End Of Year
$ 30,936.75

$ 187,079.80 284,126.89 229,549.51 25,566.63 156,570.95 85,526.11 111,844.66 75,119.33 73,306.04 43,292.56 17,746.39 1,499.08 1,200.00 12,000.00 315.00 133,042.44 240,990.69
$1,678,776.08

$

25.00

3,031.00 12,773.40

255.16

380.60

595.90 $17,061.06

$ 3,031.00
$3,031.00

$ 187,104.80 284,126.89 229,549.51 38,340.03 156,570.95 85,781.27 111,844.66 75,499.93 73,306.04 43,292.56
17,746.39 1,499.08 1,200.00
12,000.00 315.00
133,042.44 241,586.59 $1,692,806.14

456

ALBANY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

c . IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administrative Offices Physical Plant Library Instructional Departments Dining Hall Student Center (Old Library) Dormitories McIntosh Hall (Building Authority) Sanford Hall (Building Authority) S cien ce Building (Building Authority) Post Office Automotive Equipment Laundry TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year
$ 37,983.82

Additions $26,617.88

Deductions $

Investment End Of Year
$ 64,601.70

$ 36,076.93 29,016.12
131,682.95 142,047.79
35,943.10 1,193.89
42,827.93 17,933.07 23,490.44 10,917.48
471.35 13,124.15
28.07 $ 484,753.27
$2 , 2 2 3 , 9 1 3 . 1 7

$ 551.13 2,272.72
18,037.25 4,991.92 1,128.37 7,173.35 6,922.78 1,068.61 564.44 2,200.73
$44,911.30
$97,126.99

$ 2,165.83 325.00 805.55 376.00
$3,672.38 $6,703.38

$ 36,628.06 31,288.84
147,554.37 147,039.71
36,746.47 8,367.24
48,945.16 18,625.68 24,054.88 13,118.21
471.35 13,124.15
28.07 $ 525,992.19
$2 , 3 1 4 , 3 3 6 . 7 8

457

Fort Valley State College FINANCIAL REPORT
For the Year Ended June 30, I960

C. V. Troup
President

FORT VALLEY STATE COLLEGE Fort Valley, Georgia
L. R. Bywaters
Comptroller

459

I. CURRENT FUNDS A. GENERAL Cash in Bank Temporary Investments Accounts Receivable
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS
C . AUXILIARY Cash in Bank Temporary Investments Accounts Receivable Stores

FORT VALLEY STATE COLLEGE
BALANCE SHEET June 30, 1960
ASSETS

$ 20,289.43 40,000.00 21,607.66
$ 81,897.09

$

465.05

662.44

1,127.49

$ 55,785.17 20, 000.00 2.695.50 8.175.50

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. ENDOWMENT FUNDS Cash in Bank Investments U. S. Securities Preferred and Common Stock Fort Valley State College Dormitory University System Building Authority Bonds
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOANS Cash in Bank Student Notes Receivable
TOTAL STUDENT LOANS

86,656.17

169,680.75

45,873.57

$ 1,540.82

$ 40,100.00 12,026.46 5,259.70 12, 000.00

69,386.16

70,926.98

$

1, 939.93

10,126.32

12,066.25

460

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
C. AUXILIARY Accounts Payable Reserve for Inventories Due to Plant Funds Due to Regents-- Duplexes Due to Endowment Funds Unearned Income Surplus TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

FORT VALLEY STATE COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

$ 18,527.99 300.00
20,417.91
42,651.19 $ 81,897.09

$ 1,127.49

1', 1 2 7 .4 9

$

6,075.39

8,175.50

15,647.80

7,296.00

1,189.76

11,756.20

36,515.52

86,656.17 $ 169,680.75

45,873.57

$ 70,926.98

TOTAL ENDOWMENT FUNDS IV. STUDENT LOANS
Fund Balance
TOTAL STUDENT LOANS

12,066.25

70,926.98 12,066.25

461

ASSETS (CONTINUED)
V. PLANT FUNDS A. UNEXPENDED Cash in Bank Temporary Investments Due from Auxiliary Enterprises TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

FORT VALLEY STATE COLLEGE
BALANCE SHEET June 30, 1960

$ 67,473.19 15,000.00 15,647.80 $ 98,120.99

$ 58,174.80 3,265,525.39 167,517.19 947,351.29

4,438,568.67 $4,536,689.66 $4,835,237.21

462

FORT VALLEY STATE COLLEGE

BALANCE SHEET June 30, 1960

LIABILITIES (CONTINUED)

V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance

$ 62,301.10 35,819.89

TOTAL UNEXPENDED

$ 98,120.99

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

$ 5,259.70 1,682,715.34 2,750,593.63

TOTAL EXPENDED

4,438,568.67

TOTAL PLANT FUNDS

$4,536,689.66

TOTAL LIABILITIES

$4,835,237.21

463

FORT VALLEY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation - Regular Non-Resident Tuition Summer S e ss io n Health Service Other TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS Peach County State of Georgia Vocational Funds Morrill-Nelson TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT INCOME
SALES AND SERVICES Farm
OTHER SOURCES Property Rentals
TOTAL EDUCATIONAL AND GENERAL INCOME
TRANSFER From University of Georgia
TOTAL EDUCATIONAL AND GENERAL RECEIPTS
B. AUXILIARY ENTERPRISES CAMPUS STORE
DINING HALL
DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES
LAUNDRY

General Income

Restricted Income

Total

$ 109,124.87 $ 3.121.00
25,304.28 7.442.00 3,133.18
$ 148,125.33 $

$ 109,124.87 3.121.00
25,304.28 7.442.00 3,133.18
$ 148,125.33

$ 79,432.67 650,000.00

$ 729,432.67

$

240.00

$
8,436.78 32,236.00 $40,672.78
$

$ 79,432.67 650,000.00
8,436.78 32,236.00 $ 770,105.45

$

240.00

$ 8,275.24 $

$

8,275.24

$

300.00

$ 886,373.24

$ $40,672.78

$

300.00

$ 927,046.02

$ $ 886,373.24

$ 8,505.26 $

8, 505.26

$49,178.04 $ 935,551.28

$ 45,736.40 $ $ 168,158.42 $

$ 45,736.40 $ 168,158.42

$ 23,364.81 $ 7,640.15
15,682.77 27,347.90 $ 74,035.63 $
$ 19,946.96 $

$ 23,364.81 7,640.15
15,682.77 27,347.90 $ 74,035.63
$ 19,946.96

464

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) PROPERTY RENTALS
TOTAL AUXILIARY ENTERPRISES INCOME
C . STUDENT AID ENDOWMENTS
GIFTS AND GRANTS Sears, Roebuck and Company
TOTAL STUDENT AID
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$

6,022.56 $

$ 313,899.97 $

$

6,022.56

$ 313,899.97

$

$ 2,439.00 $

2,439.00

$ $ $1,,2 0 0 ,2 7 3 .2 1

$ 1,200.00 $

1,200.00

$ 3,639.00 $

3,639.00

$ 5 2 , 8 1 7 . 0 4 $1-i 2 5 3 , 0 9 0 . 2 5

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

EDUCATIONAL AND GENERAL ADMINISTRATION
Business Office President's Office Registrar's Office
TOTAL ADMINISTRATION
GENERAL EXPENSE General Administration Public Relations Faculty and Staff Benefits TOTAL GENERAL EXPENSE
STUDENT WELFARE Dean of Men Dean of Women

Fund C la ssific a tio n

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 35,858.38 $ 15,937.11 18,174.68
$ 69,970.17 $

$ 26,795.55 $ 4,238.83
21,994.19 $ 53,028.57 $

$

2,349.11 $

3,777.52

$ 34.010.00 $ 1,510.64 $

15.100.00

432.11

15,833.17

2,341.51

$ 64,943.17 $ 4,284.26 $

337.74 405.00
742.74

$ 3,428.89 $ 23,366.66 $

3,281.68

942.15

21,994.19

$ 6,710.57 $ 46,303.00 $

15.00 15.00

$ 2.320.00 $ 3.573.00

29.11 $ 204.52

465

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_______________________________________O b ject C la s s ifica tio n _________

Salaries

Operating

Fund C la s s ific a tio n _____

and

Supplies and

General

Restricted

Wages

Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONTINUED)

STUDENT WELFARE (CONTINUED)

Infirmary

$

Office - Student Personnel

TOTAL STUDENT WELFARE

$

8,919.91 $ 5,666.86 20,713.40 $

$ 7,918.00 $ 1,001.91 $

5,406.68

260.18

$ 19,217.68 $ 1,495.72 $

PLANT OPERATIONS

$ 150,863.01 $

$ 75,104.46 $ 72,524.11 $ 3,234.44

LIBRARY

$ 58,896.19 $

$ 40,840.00 $ 7,189.55 $10,866.64

INSTRUCTION Administrative Dean Agriculture Art Business Education Education English Graduate Division Health and Physical Education Home Economics Languages Military Science and Tactics Music Science Social Science Summer School TOTAL INSTRUCTION

$ 15,653.11 $

48,663.32 13,900.00

5,466.04

9,345.48

5,200.00

34,041.15

3,436.00

35,974.76

4,600.00

40,155.10

16,233.76

19,200.62

15,628.97

10,264.90

22,068.81

58,928.01

8,400.00

38,351.58

47,886.99

$ 417,862.60 $35,536.00

$ 15,180.00 54,338.62 4,760.00 13,730.17 34,697.00 39,221.68 39,388.43 15,000.00 18,690.00 15,320.00 9,620.00 20,554.64 60,176.12 37,880.00 46,476.27
$425,032.93

$ 473.11 7,430.71 706.04 557.32 2,297.42 806.64 766.67 695.86 508.27 223.87 444.65 1,191.09 3,222.13 471.58 1,410.72
$ 21,206.08

$ 793.99
257.99 482.73 546.44
537.90 2.35
85.10 200.25 323.08 3,929.76
$ 7,159.59

ACTIVITIES RELATED TO INSTRUCTION

Farm

$ 16,460.34 $

Demonstration High School

67,186.11

Nursery School

880.72

TOTAL ACTIVITIES RELATED TO

INSTRUCTION

$ 84,527.17 $

$ 6,731.91 $ 9,165.32 $

64,744.50

2,441.61

168.50

683.58

$ 71,644.91 $ 12,290.51 $

563.11 28.64
591.75

EXTENSION Vocational Education

$

$ 5,372.11 $ 3,043.12 $ 2,328.99 $

RESEARCH Agriculture Carnegie TOTAL RESEARCH

$

$ 9,175.06 $ 8,106.00 $ 204.06 $ 865.00

1,056.71

350.00

495.21

211.50

$

1,056.71 $ 9,175.06 $ 8,456.00 $

699.27 $ 1,076.50

466

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund C la s s ific a tio n

General

Restricted

Object Classification

Salaries

Operating

and Wages

Supplies and

Expense

Equipment

EDUCATIONAL AND GENERAL (CONTINUED)

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 856,917.82 $50,083.17 $714,992.84 $168,321.49 $23,686.66

TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
AUXILIARY ENTERPRISES CAMPUS STORE
DINING HALL
DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES
LAUNDRY
FACULTY HOUSING
TOTAL AUXILIARY ENTERPRISE EXPENDITURES

10,736.50

$ 867,654.32

$ 43,481.83 $ $ 131,796.15 $

$ 14,009.65 $ 3,316.51
10,055.38 22,214.24
$ 49,595.78 $

$ 12,604.18 $

$

1,571.83 $

$ 239,049.77 $

$ 7,669.79 $ 39,066.51

$ 35,812.04 $ 90,400.17

$ $ 2,329.47

$ 7,814.85 $ 5,986.68 $

2,561.11

537.40

5,887.34

3,980.83

12,398.39

9,555.67

$ 28,661.69 $ 20,060.58 $

$ 9,463.14 $ 2,843.97 $

$

132.55 $ 1,226.09 $

208.12 218.00 187.21 260.18 873.51
297.07
213.19

$ 84,993.68 $150,342.85 $ 3,713.24

TRANSFER TO: Plant Funds - Replacement Reserve

37, 619.58

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$ 276,669.35

C . STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

.

.

$________________ $ 3 , 8 7 9 . 0 0 $______________ $__ 3, 8 7 9 .0 0 -- $

$1,095,967.59 $53,962.17 $799,986.52 $322,543.34 $27,399.90

467

FORT VALLEY STATE COLLEGE
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL Science Research Julius Rosenwald Fund M orrill-Nelson Fund Vocational Funds Agricultural Research
TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID Endowment Income Sears, Roebuck and Company
TOTAL STUDENT AID
TOTAL RESTRICTED FUNDS

Balance July 1, 1959

Receipts For Year

Disbursements For Year

Balance June 30, 1960

$ 128.00 300.00 .31
( - ) 4 2 7 . 11 1,052.45
$1,053.65

$
32,236.00 8,436.78 8,505.26
$49,178.04

$
32,236.00 8,672.11 9,175.06
$50,083.17

$128.00 300.00 .31
(--) 6 6 2 .4 4 382.65
$148.52

$ 316.53
$ 316.53 $1,370.18

$ 2,679.00 1,200.00
$ 3,879.00
$53,057.04

$ 2,679.00 1,200.00
$ 3,879.00
$53,962.17

$316.53
$316.53 $465.05

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1960

BALANCE OF PRINCIPAL, JULY 1, 1959
ADDITIONS Gifts and Grants Transfer from Other Funds Income on Investments TOTAL ADDITIONS
DEDUCTIONS Transfer to Loan Funds Transfer to General Funds Transfer to Restricted Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, JUNE 3 0 , 1960

Endowment Funds
$71,921.98

Loan Funds
$ 532.25

$
2,679.00 $ 2,679.00

$10,539.00 995.00
$11,534.00

$ 995.00 240.00
2,439.00 $ 3,674.00
$70,926.98

$
$ $12,066.25

468

FORT VALLEY STATE COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1960

ENDOWMENT FUNDS General Funds George Leask Fund Jamison Estate TOTAL ENDOWMENT FUNDS
LOAN FUNDS National Defense Loan Fund William Hubbard Fund TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance Tuly 1, 1959

Additions

Fund Balance Deductions Tune 30, 1960

$43,174.81 21,612.43 7,134.74
$71,921.98

$ 1,655.00 544.00 480.00
$ 2,679.00

$1,655.00 1,539.00 480.00
$3,674.00

$43,174.81 20,617.43 7,134.74
$70,926.98

$ 532.25
$ 532.25
$72,454.23

$11,534.00 $11,534.00 $14,213.00

$ $ $3,674.00

$11,534.00 532.25
$12,066.25
$82,993.23

SUMMARY OF INVESTMENTS For Year Ended June 30, 1960
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, 300 shares TOTAL STOCKS
OTHER Fort Valley State College Dormitory University System Building Authority TOTAL
TOTAL TRUST FUND INVESTMENT

Book Value

Earnings

$ 1,600.00 35,500.00 3,000.00
$40,100.00

$ 44.00 887.50 67.50
$ 999.00

$ 2,276.46 9,750.00
$12,026.46

$ 300.00 900.00
$1,,2 0 0 .0 0

$ 5,259.70 12,000.00
$17,259.70
$69,386.16

$ 480.00
$ 480.00
$2|,6 7 9 . 0 0

469

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS PLANT FUNDS TRUST FUNDS
Endowment Loan
TOTAL TRUST FUNDS TOTALS
Alumni Association Application Deposits Athletic Association Faculty Gift Fund Fraternities and Sororities Room Deposits Student Activities Student Deposits TOTAL AGENCY FUNDS

FORT VALLEY STATE COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance July l i 1959

Receipts For Year

Disbursements For Year

Cash Balance June 30, 1960

$ 41,570.51 1,370.18
38,554.55 $ 81,495.24
$ 35,219.22
$ 29,979.79

$ 886,373.24 53,057.04
313,899.97 $1,253,330.25
$ 67,501.50
$ 82,356.08

$ 867,654.32 53,962.17
276,669.35 $1-, 1 9 8 , 2 8 5 . 8 4
$ 56,847.15
$ 29,862.68

$ 60,289.43 465.05
75,785.17 $136,539.65
$ 45,873.57
$ 82,473.19

$ 2,535.82 487.25
$ 3,023.07
$149,717.32

$

2,679.00

11,534.00

$ 14,213.00

$1,417,400.83

$ 3,674.00 10,081.32
$ 13,755.32
$1, 298,75 0 .9 9

$ 1,540.82 1,939.93
$ 3,480.75
$268,367.16

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959

Receipts For Year

$ 921.71 21,154.69 513.83 (-) 1 5 .7 2 584.78 671.45 10,990.81 397.67

$ 363.17 4,513.23
27,048.23 338.24
1,248.00
30,935.58 3,055.05

$35,219.22 $67,501.50

Disbursements Cash Balance

For Year

June 30, 1960

$ 172.97 6,120.67
23,705.57 348.86
1,170.50
22,309.63 3,018.95

$ 1,111.91 19,547.25 3,856.49 (- ) 2 6 .34 662.28 671.45 19,616.76 433.77

$56,847.15

$45,873.57

470

FORT VALLEY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Academic Building Ohio Hall Educational Outlay Replacement Reserve Davison Hall Faculty Housing Library Trade School Building - Boiler and Shed Dormitory Furniture Health and Physical Education Building Land President's Home Infirmary Interest on Investments
TOTAL

Balance Tuly 1, 1959
$ 3,285.61 4,766.53 2,952.44 9,033.72 1,231.41 219.62 2,061.76 528.70 5,900.00
$29,979.79

Receipts
700.00 37,619.58
27,500.00 6,036.50 5,000.00 3.500.00 500.00 1.500.00
$82,356.08

Disbursements
$ 3,285.60 4,762.18 2,965.25
623.00 225.60 1,516.50 3,304.74 5,942.56 2,350.55 4,886.70
$29,862.68

Balance Tune 30, 1960
4.35 687.19 46,653.30 608.41 (-) 5. 98 545.26 24,723.96 ( - ) 4 2 . 56 3,685.95 113.30 3.500.00 500.00 1.500.00
$82,473.19

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS Transferred from Educational and General Funds State of Georgia Transferred from Auxiliary Funds Interest on Temporary Investments TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Land Academic Building Davison Hall Ohio Hall Trades Building Health and Physical Education Building TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$ 29,979.79

$ 10,736.50 32,500.00 37,619.58 1,500.00

82,356.08 $112,335.87

$ 4,886.70 3,285.60 623.00 4,762.18 3,304.74 2,350.55

$ 19,212.77

471

FORT VALLEY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Equipment Dormitory Furniture Educational Outlay Library TOTAL EQUIPMENT
Other Deductions Faculty Housing
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0, 1960

$ 5,942.56 2,965.25 1,51,6.50

$ 10,424.31

225.60

$ 29,862.68 $ 82,473.19

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0, 1960
DEDUCT Due to Endowment Funds Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$4,295,291.31

$ 29,862.68

23,686.66 3,713.24
86,014.78

143,277.36

$4,438,568.67

$ 5,259.70 1,682,715.34

1,687,975.04

$2,750,593,63

472

FORT VALLEY STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acguired

A. LAND Campus Lot Campus, 97 acres Farm, 50 acres Farm, 2 1 9 .6 5 acres Farm, 130 acres Farm, 13 8 .9 acres Farm, 10 acres TOTAL LAND

1960 1895 1940 1943 1950 1952 1954

B. BUILDINGS Academic Agriculture Science (Bldg. Auth.)
Barn, Beef Cattle Carnegie Building Davison Hall Demonstration School (Bldg. Auth.)
Dining Hall Education Building (Bldg. Auth.) Faculty House #1-1001 Faculty House #2-1003 Faculty House #3-1005 Faculty House, 706 South Macon Faculty House, 710 South Macon Faculty Duplexes (2) Farm House #1 Health and Physical Education Bldg.
Farm House #2 Field House Garages (2) Home Management House
Hunt Library (Bldg. Auth.)
Infirmary Huntington Hall Jeanes Hall (Bldg. Auth.)
Laundry Nursery School Agronomy Barn Ohio Hall Patton Hall Poultry House President's Home Shed, Implement Shed, Miscellaneous

1929 1954 1954 1925 1948 1954 1932 1957 1941 1941 1941 1934 1924 1956 1953 1958 1953 1940 1940 1953
1952 1934 1908 1952
1916 1938 1956 1930 1937 1954 1900 1953 1921

Investment Beginning
Of Year

Additions

Deductions

$

$ 4,886.70 $

9.765.00

3.075.00

9.262.00

15,763.40

15,122.70

300.00

$ 53,288.10 $ 4,886.70 $

$ 166,802.87 409,222.14 1,194.72 64,960.04 231,052.62 213,826.77 101,127.00 352,099.10 5,645.08 5,645.09 5,726.80 4,366.00 3,600.00 38,000.00 4,925.27 331,330.37 4,925.27
2,635.00 31,824.94 221,704.47 18,222.19 60,040.05 498,958.56 24,856.59
5,214.13 10,134.00 120,689.06 64,239.40 13,502.03 28,018.74 12,097.00
350.00

$ 3,285.60 $ 623.00 225.60
63,228.85
28.64 4,762.18

Investment End Of Year

$

4,886.70

9.765.00

3.075.00

9.262.00

15,763.40

15,122.70

300.00

$ 58,174.80

$ 170,088.47 409,222.14 1,194.72 64,960.04 231,675.62 213,826.77 101,127.00 352,099.10 5,645.08 5,645.09 5,952.40 4,366.00 3,600.00 38,000.00 4,925.27 394,559.22 4,925.27
2,635.00 31,824.94 221,704.47 18,222.19 60,040.05 498,958.56 24,856.59
5,242.77 10,134.00 125,451.24 64,239.40 13,502.03 28,018.74 12,097.00
350.00

473

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acc[uired__

Investment Beginning

B. BUILDINGS (CONTINUED) Storage Warehouse Trades Building Dairy Building and Project Brooder House Horticulture Building Farrowing House TOTAL BUILDINGS

1953 1926 1956

$ 10,955.26 37,349.15 70,793.45 4,480.00 6,400.00 3,153.62
$3,190,066.78

C., IMPROVEMENTS OTHER THAN BUILDINGS Heating System Athletic Field and Facilities Deep Well Fencing and Pastures Irrigation System Landscaping Tennis Court Water System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 26,899.66 52,627.54 22,017.87 4,252.69 2,433.94 3,852.86 498.62 54,934.01
$ 167,517.19

D. EQUIPMENT Administration Offices Agriculture Science Bldg. (Bldg. Auth.) Physical Plant Library Library (Bldg. Auth.) Dormitories Dormitories (Bldg. Auth.) Dining Hall Demonstration School (Bldg. Auth.) Education Building (Bldg. Auth.) College Bus Farm Related Activities Physical Education (Bldg. Auth.) Laundry Demonstration School TOTAL EQUIPMENT

$ 32,483.62 4,004.29
337,838.55 202,210.96
18,515.70 62,220.99 41,873.22 32,193.57 17,548.09 36,779.62
8,060.43 66,333.43
1,200.55
18,701.83 4,454.39
$ 884,419.24

TOTAL INVESTMENT IN PLANT

$4,295,291.31

Additions

Deductions

Investment End Of

$

$

3,304.74

$ 75,458.61 $

$ 10,955.26 40,653.89 70,793.45 4,480.00 6,400.00 3,153.62
$3 , 2 6 5 , 5 2 5 . 3 9

$

$

$ 26,899.66

52,627.54

22,017.87

4,252.69

2,433.94

3,852.86

498.62

54,934.01

$

$

$ 167,517.19

$ 757.74 $ 14,648.97 12,383.14 6,816.07 2,329.47
563.11 25,136.48
297.07 $ 62,932.05 $ $143,277.36 $

$ 33,241.36 4,004.29
352,487.52 214,594.10
18,515.70 69,037.06 41,873.22 34,523.04 17,548.09 36,779.62
8,060.43 66,896.54
1,200.55 25,136.48 18,998.90
4,454.39 $ 947,351.29
$4,,4 3 8 ,5 6 8 .6 7

474

Savannah State College FINANCIAL REPORT
For the Year Ended June 30, I960

SAVANNAH STATE COLLEGE Savannah, Georgia

William K. Payne
President

E. A. Bertrand
Comptroller

475

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable Due from Auxiliary Funds
TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores Inventory

SAVANNAH STATE COLLEGE BALANCE SHEET June 30, 1960 ASSETS
$ 80,026.37 24,696.91 12, 000.00
$ 116,723.28
$ 21,885.63 7,397.70
13,450.01

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank
III. LOAN FUNDS Cash on Hand and in Bank Notes Receivable
TOTAL 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

42,733.34 $ 159,456.62

29,798.58

$ 14,194.70 12,752.00

26,946.70

$ 62,269.41 30,658.32 $ 92,927.73

$ 115,650.37 3,010,501.11 459,951.79 736,921.72

4,323,024.99

4,415,952.72

$4,632,154.62

476

SAVANNAH STATE COLLEGE
BALANCE SHEET June 30, 1960
LIABILITIES

I . CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Reserve for Unearned Income S ocial Security Taxes Due Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Purchase Orders Outstanding Due to Educational and General Funds Due to Plant Funds Reserve for Stores Unearned Income Deficit TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. LOAN FUNDS Fund Balance

$ 3,786.14 1,662.20
18,439.10 12,877.58 10, 000.00
69,958.26 $ 116,723.28

$ 9,147.68 702.99
12, 000.00 30,658.32 13,450.01
4,893.54 (-) 28 ,1 1 9 .2 0

42,733.34 $ 159,456.62

29,798.58

$ 26,946.70

TOTAL LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED
B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

2 6 ' 9 4 6 * 70
$ 45,087.51 47,840.22 $ 92,927.73
$1,964, 536.18 2,358,488.81
4,323,024.99 4,415,952.72
$4,632,154.62

477

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Health Services Summer S e ssio n Fees Correspondence Study Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia State Department of Vocational Education Division of General Extension TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS Phelp-Stokes Project
SALES AND SERVICES
OTHER SOURCES
INTEREST INCOME
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL
DORMITORIES Faculty Cottages Hubert Hall Wright Hall TOTAL DORMITORIES
LAUNDRY
TOTAL AUXILIARY ENTERPRISES INCOME
TOTAL CURRENT INCOME

$ 118,018.52 10,171.41 22,014.16 7,547.48 1,124.70
$ 158,876.27

$ 684,000.00 49,680.58
________ 8 7 0 .0 0

734,550.58

450.00 1,706.93 2,486.64 1,500.00
$ 899,570.42

$ 44,483.84 111,480.67

$

927.18

18,099.05

19,450.39

38,476.62 9,081.42 203,522.55 $1,103.092.97

478

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1960

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE Alumni and Public Relations Faculty and Staff Benefits General Expenses TOTAL GENERAL EXPENSES
STUDENT WELFARE Director of Student Welfare Dean of Men Health Service TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY
INSTRUCTION Dean of Instruction Audio Visual Aids Biology Business Chemistry Economics Education Fine Arts General Education Health and Physical Education Home Economics Industrial Arts Languages and Literature Mathematics and Physics Social Science Summer School TOTAL INSTRUCTION

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$ 16,111.99 25,908.39
19,118.76 $ 61,139.14

$ 14,561.50 24,350.00 11,596.19
$ 50,507.69

$ 1,550.49 1,558.39 6,498.74
$ 9,607.62

$
1,023.83 $ 1,023.83

$ 15,338.58 $ 12,259.35 $ 3,079.23 $

34,101.31

747.37

33,353.94

28,714.87

6,233.21

22,481.66

$ 78,154.76 $ 19,239.93 $ 58,914.83 $

$ 16,924.19 3,425.00 9,034.90
$ 29,384.09
$ 140,638.22
$ 63,890.40

$ 14,579.57 3,425.00 7,738.50
$ 25,743.07
$ 64,499.24
$ 31,605.13

$ 1,845.28
1,111.49 $ 2,956.77
$ 71,276.98
$ 3,461.70

$ 499.34
184.91 $ 684.25
$ 4,862.00
$28,823.57

$ 29,116.32 6,614.78
18,233.38 31,981.51 11,370.00 11,562.20 48,161.95 33,053.15
3,257.59 30,324.06 22,266.02 58,674.18 59,028.26 31,677.18 34,325.53 59,308.66 $ 488,954.77

$ 21,009.24 3,864.75
16,700.00 28,950.00 10,450.00 11,500.00 46,700.00 29,871.06
2,400.00 29,650.00 19,749.99 51,891.63 58,370.00 30,926.00 34,275.00 58,162.05 $454,469.72

$ 8,107.08 2,455.67 1,533.38 1,545.78 888.00 62.20 1,461.95 1,990.31 815.74 350.05 2,306.88 6,746.86 512.32 494.45 50.53 1,146.61
$ 30,467.81

$ 294.36
1,485.73 32.00
1,191.78 41.85
324.01 209.15
35.69 145.94 256.73
$ 4,017.24

479

SAVANNAH STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

EDUCATIONAL AND GENERAL (CONTINUED) ORGANIZED RESEARCH
GENERAL EXTENSION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL
DORMITORIES Faculty Cottages Hubert Hall Wright Hall TOTAL DORMITORIES
LAUNDRY
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFER TO: Plant Funds - Replacement Reserve
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expense

Equipment

$

750.00 $

750.00 $

$

$

9,523.24 $ 8,459.50 $ 1,063.74 $

$ 872,434.62 $655,274.28 $177,749.45 $39,410.89 8,375.00

$ 880,809.62

$ 45,584.57 $ 94,740.04

$ 9,143.11 $ 23,742.26

$ 36,441.46 $ 70,416.24

$ $ 581.54

$

317.08 $

157.96 $

159.12 $

13,262.71

7,668.84

5,489.08

104.79

15,247.20

6,971.08

8,276.12

$ 28,826.99 $ 14,797.88 $ 13,924.32 $ 104.79

$

8,213.49 $ 6,871.71 $ 1,341.78 $

$ 177,365.09 $ 54,554.96 $122,123.80 $ 686.33

9,155.00 $ 186,520.09 $1,049,799.71

$709,829.24 $299,873.25 $40,097.22

480

SAVANNAH STATE COLLEGE

STUDENT LOAN FUND - RECEIPTS AND PAYMENTS For Year Ended June 30, 1960

CASH BALANCE, JULY 1, 1959
RECEIPTS Federal Contribution Local Contribution TOTAL RECEIPTS
CASH BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Student Loans
CASH BALANCE, JUNE 30, 1960

$ 1,114.24

$23,622.00 2,210.46

25, 832.,46 $26, 946.,70

12,,752.,00 $14,,194..70

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
LOAN FUNDS
TOTALS

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1960

Cash Balance Tuly 1, 1959

Receipts For Year

Disbursements For Year

Cash Balance Tune 3 0 , 1960

$ 61,265.57 4,883.17
$ 66,148.74
$ 29,306.36
$ 4*7,458.36
$ 1,114.24
$144,027.70

$ 899,570.42 203,522.55
$1-,1 0 3 , 0 9 2 . 9 7
$ 174,138.66
$ 44,030.00
$ 25,832.46
$1., 3 4 7 ,0 9 4 .0 9

$ 880,809.62 186,520.09
$1-,0 6 7 ,3 2 9 .7 1
$ 173,646.44
$ 29,218.95
$ 12,752.00
$1-, 2 8 2 , 9 4 7 . 1 0

$ 80,026.37 21,885.63
$101,912.00
$ 29,798.58
$ 62,269.41
$ 14,194.70
$208,174.69

481

SAVANNAH STATE COLLEGE BANK BALANCES
Educational and General Funds Auxiliary Funds Agency Funds
BANK BALANCES, JUNE 3 0 , 1960 Six-Month Saving Certificate
TOTAL CASH IN BANK Petty Cash
TOTAL CASH ON HAND AND IN BANK, JUNE 3 0, 1960

$ 67,093.97 21,860.95 18,584.77

$107,539.69 100,000.00
$207,537.69 635.00
$208,174.69

Campus Chest Class Accounts Due from Vocational Rehabilitation Due from U. S. Post O ffice Federal Excise Taxes Payable Savastate Federal Credit Union Scholarships, Awards and Prizes Student Activities Student Clubs, Organizations, Etc. Student Deposits State Sales Taxes Payable Teachers Retirement Withholding Tax - Federal Withholding Tax - State
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1960

Cash Balance July 1, 1959
$ 1,789.56 1,605.83 (-) 833.54 (--) 1 0 .8 8 28.05 3.23 1,174.24 6,037.91 1,311.62
18,147.08 55.51
(-) 2 .2 5
$29,306.36

Receipts For Year
$ 5,219.65 1,407.41 894.00 10.88 71.25
1,434.88 39,028.10 12,333.69
4,575.25 1,025.49 29,448.78 78,390.16
299.12
$174,138.66

Disbursements Cash Balance

For Year

June 30, 1960

$ 4,788.82 1,253.48 504.00

$ 2,220.39 1,759.76 (--) 4 4 3 . 5 4

67.76 3.23
695.53 44,211.43 11,393.70
1,888.65 1,002.22 29,447.46 78,390.16

31.54
1,913.59 854.58
2,251.61 20,833.68
78.78 (-). 93
299.12

$173,646.44

$29,798.58

482

SAVANNAH STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

Balance Tuly 1, 1959

Receipts

Disbursements

Transfers

Balance June 30, 1960

Herty Hall

$

Hill Hall Hodge Hall

(-) 10.10

Hubert Hall

1,605.37

Infirmary Building Meldrim Hall

387.54

Powell Hall

(-)10.41

Warehouse and Maintenance Shop

29,701.87

W ilcox Hall

(-) 18.61

Adams Hall Equipment

Hubert Hall Equipment

Language Lab. Equipment Library Equipment Special Equipment

2,750.00 4,478.51

Campus Road Repairs Manhole Covers

300.00

Auxiliary Enterprise Replacement Reserve 8, 2 74.19

TOTAL

$47,458.36

$ 4,000.00 12,500.00 10,000.00
7,575.00 400.00 400.00
9,155.00 $44,030.00

$ 923.16 253.00
771.50 8,626.63 2,125.22
7,200.91
1,159.44 1,997.73
970.85 2,457.47 2,152.82
269.16 311.06
$29.218.95

$ ( - ) 1 0 . 10
(-) 1 ,7 3 7 .6 8 (-) 10.41 (-) 18.61
(-) 1 ,0 0 0 .0 0 (-) 2 ,0 0 0 .0 0
1,776.80
3,000.00 $

$ 3,076.84 12,247.00
833.87 1,373.37
22,500.96
(-)159.44 (-) 2 .2 7
6,604.15 292.53 548.89 130.84 388.94
14,429.19
$62,269.41

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1960

BALANCE, JULY 1, 1959
ADDITIONS State of Georgia - Regents Allotment Transfers from Educational and General Funds Transfers from Auxiliary Funds TOTAL ADDITIONS
BALANCE, JULY 1, 1959, PLUS ADDITIONS
DEDUCTIONS Buildings and Additions to Buildings Hill Hall Infirmary Herty Hall Hubert Hall Meldrim Hall Warehouse and Maintenance Shop TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$47,458.36

$26,500.00 8.375.00 9.155.00

44,030.00 $91,488.36

$ 253.00 8,626.63 923.16 771.50 2,125.22 7,200.91

$19,900.42

483

SAVANNAH STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Equipment Dining Hall Hubert Hall Language Laboratory Library Instructional Departments TOTAL EQUIPMENT
Other Deductions Not Capitalized Campus Road Repairs Replacement of Manhole Covers Transfer of Library Equipment TOTAL OTHER DEDUCTIONS NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, JUNE 3 0, 1960

$ 1,159.44 1,997.73 970.85 1,557.47 2,152.82

$ 7,838.31

$ 269.16 311.06 900.00

1,480.22

$29,218.95 $62,269.41

SUMMARY OF INVESTMENT IN PLANT As of June 3 0 , 1960

INVESTMENT IN PLANT, JULY 1, 1959
ADDITIONS Expended from Plant Funds Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 3 0 , 1960
DEDUCT Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 3 0 , 1960

$3,803 140 38

$ 27 738 73
39 4jq gg
686.33
452 048*66
----------- ----- *

519,884.61

$4,323,024.99

1,964,536.18 $2,358,488.81

484

SAVANNAH STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1960

Year Acquired

LAND Campus

1890

BUILDINGS Adams Hall Band Stand Camilla Hubert Hall Central Heating Plant (Bldg. Auth.) College Center Concession Stand Cottage #5 Cottage #8 Cottage #9 Field House Fine Arts Building Garage Hammond Hall Herty Hall Hill Hall Hodge Hall Hodge Hall Garage Infirmary Information House Library (Bldg. Auth.) Masonry Shop Meldrim Hall Morgan Hall Paint Shop Powell Hall Storage Sheds, Maintenance Technical and Trades Building
(Bldg. Auth.) Trades Building Warehouse White Hall W ilcox Hall W iley Hall (Bldg. Auth.) Wright Hall (Bldg. Auth.)
TOTAL BUILDINGS

1932 1941 1937 1954 1947 1951 1932 1936 1951 1938 1947
1908 1938 1905 1938 1957 1947 1938 1958 1939 1923 1936 1938 1935 1939
1958 1945 1959 1951 1934 1955 1955

IMPROVEMENTS OTHER THAN BUILDINGS Campus Lighting System Central Heating System (Bldg. Auth.)

Investment Beginning Of Year
$ 115,650.37
$ 80,122.13 600.00
174,912.94 129,000.00
16,654.04 1,750.00 8,900.00 6,050.00 7,000.00 5,270.00
21,996.59 500.00
33,238.53 88,772.49 174,091.51 19,384.56
1,622.52 19,884.77
650.00 325,812.67
5,373.90 215,787.18
54,455.87 5,330.22
22,828.45 1,400.00
482,135.76 32,091.18 10,299.63 41,479.46 96,390.12
233,308.75 353,304.72 $2 , 6 7 0 , 3 9 7 . 9 9
$ 58,889.94 112,715.04

Additions

Deductions

$

$

$

$

771.50

923.16 253.00
8,626.63 53,860.29
2,125.22

266,342.41 7,200.91

$340,103.12 $

$

$

Investment End Of Year
$ 115,650.37
$ 80,122.13 600.00
175,684.44 129,000.00
16,654.04 1,750.00 8,900.00 6,050.00 7,000.00 5,270.00
21,996.59 500.00
33,238.53 89,695.65 174,344.51 19,384.56
1,622.52 28,511.40
650.00 379,672.96
5,373.90 217,912.40
54,455.87 5,330.22
22,828.45 1,400.00
748,478.17 32,091.18 17,500.54 41,479.46 96,390.12
233,308.75 353,304.72 $3 , 0 1 0 , 5 0 1 . 1 1
$ 58,889.94 112,715.04

485

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired
c . IMPROVEMENTS OTHER THAN
BUILDINGS (CONTINUED) Development of Athletic Area Sewage Disposal System (Bldg. Auth. ) Streets and Sidewalks Telephone System Water System
TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
D. EQUIPMENT Administrative Offices Personnel Services Physical Plant Library Library (Bldg. Auth.) Instructional Departments Technical and Trades (Bldg. Auth.) Physical Education (Bldg. Auth.) Extension College Center Dining Hall Dormitories Dormitories (Bldg. Auth.) Laundry TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning
Of Year
$ 18,259.18 172,135.47 35,200.00 800.00 61,952.16
$ 459,951.79
$ 27,643.19 7,693.16
63,046.32 132,306.36
193,034.47
20,834.76 1,017.45
12,264.80 24,656.72 25,193.91 30,167.25 19,281.84 $ 557,140.23
$3 , 8 0 3 , 1 4 0 . 3 8

Additions

Deductions

$

$

$

$

$ 1,023.83 $ 684.25
4,862.00 30,381.04 33,517.49
7,140.91 98,328.47

1,740.98 2,102.52
$179,781.49 $ $519,884.61 $

Investment End Of Year
$ 18,259.18 172,135.47 35,200.00 800.00 61,952.16
$ 459,951.79
$ 28,667.02 8,377.41
67,908.32 162,687.40
33,517.49 200,175.38
98,328.47 20,834.76
1,017.45 12,264.80 26,397.70 27,296.43 30,167.25 19,281.84 $ 736,921.72
$4 , 3 2 3 , 0 2 4 . 9 9

486

i.

^

)tas

%

a~

S*OOOVj/# ^vn\2^

T T S & /

> attv2<

yVCTs^;ifoico>cmf'2*>;
A4
X V jf/.W jX V
il2223^

'/^ % ,'tA'

^ \P y

V

''

> /

IIIlilil IIII I lllMBlfliiiimFi E0RGIAlibaries

I
i

bbD 5 1 0 f l 0 5 3 7 A

47

-3T -

` y^^ P^ 5x ^

/ c / js-1 A \ 1

s s

\\

y\+ ^>5^JO000 `.

,x .Vo X V Jf/'fi

|Q*C/ OOjJx m i

_

o

21

& juvgy o .ywTtfCN?^S^V V?

i*\<i jp a f lC a i . / v i

V v . V - ^ sV-V <c

%& ,

a

A

St M0' 3 3 / >w**

__ ^ ^

y ^ 2 *s5 X

/

V ______

*T

*

921

\\

vt^oa y x \

"&

-----

J

. V o wc7?^\4

X v -t*X nJ
kis!A',i /^/

92 f
r\uv^ CT#oc> I tavX*/ fn^i

-- ----^

Vi

y to ^

V o * ffS

^5<*n. 4 ^

i -- xnm</ / r i a

/W

' ________

Io

A V 0 ^ v7* > \ -\ V

;z\* ^VSv^rf^ooQ i y g A ^ y

. V o -A*>?-X. ^SX>

'*/$ g j 'a

v

________ ^

JF y ^ s ^ X

^

rv /t/ozM \ \

Li- - AI ,- V
. xi"TO$_O_O_oC___$,<SNV\'
^ 7o5o%S>

y fcts5 ,->

v^Joa " vTT\3^

vi#

yVC ?o 0iOOcCif^f??S!*'A

"v. V

A4

iJ M .'V . V oJO^O'CTf^XNV'AV4

^^

%

y fc jS ^ S ,

A.T2/ya5/r.4te^4^=I\\\\ i

L7\/N*lir^ " ifUCXl V< *
l/ < > a I f