Annual financial report, University System of Georgia, for the year ended June 30, 1961

ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA
For th Year Ended June 30, 1961
Regents of th University System of Georgia 244 Washington Street, S. W. Atlanta

BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

MEMBERS OF THE BOARD OF REGENTS OF THE
UNIVERSITY SYSTEM OF GEORGIA
June 30, 1961

Term Expires

Robert 0. Arnold

Covington

1963

Linton D. Baggs, Jr.

Macon

1964

:

Morris M. Bryan, Jr.

Jefferson

1966

Howard H. Callaway

Pine Mountain

1965

W. Roscoe Coleman

Augusta

1965

Jesse Draper

Atlanta

1968

James A. Dunlap

Gainesville

1967

James D. Gould

Brunswick

1964

Roy V. Harris

Augusta

1967

James C. Owen, Jr.

Griffin

1963

John I. Spooner

Donalsonville

1968

Carey Williams

Greensboro

1962

:

Everett Williams

Allen Woodall

Statesboro Columbus

1962 1964

Ernest L. Wright

Rome

1966

Officers of the Board of Regents

Robert 0. Arnold . . . ............................... Chairman

Everett Williams . . ............................. Vice Chairman

Harmon W. Caldwell . ..................

Chancellor

Arthur M. Gignilliat ............ Adm. Asst, to the Chancellor

John E. Sims*. . . . .............. Assistant to the Chancellor

J. H. Dewberry . . . . .Director, Plant and Business Operations

L. R. Siebert. . . . .......... ............ Executive Secretary

James A. Blissit . . ...................... . . . . .Treasurer

John R. Hills. . . . .......... Director, Testing and Guidance

Harry S. Downs . . . . Associate Director, Testing and Guidance

*0n Leave

UNIV5 ^ ?
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LIBRARIES GEORGE

MEMBERS OF THE BOARD OF REGENTS OF THE
UNIVERSITY SYSTEM OF GEORGIA

Robert 0. Arnold Linton D. Baggs, Jr. Morris M. Bryan, Jr. Howard H. Callaway W. Roscoe Coleman Jesse Draper James A. Dunlap James D. Gould Roy V. Harris James C. Owen, Jr. John I. Spooner Carey Williams Everett Williams Allen Woodall Ernest L. Wright

Covington Macon Jefferson Pine Mountain Augusta Atlanta Gainesville Brunswick Augusta Griffin Donaisonvilie Greensboro Statesboro Columbus Rome

Term Expires
1963 1964 1966 1965 1965 1968 1967 1964 1967 1963 1968 1962 1962 1964 1966

Officers of the Board of Regents

Robert 0. Arnold ....................................... Chairman

Everett W i l l i a m s ................................. Vice Chairman

Harmon W. C a l d w e l l ......................

Chancellor

Arthur M. Gignilliat ............ Adm. Asst, to the Chancellor

John E. Sims*. .......... ..

.Assistant to the Chancellor

J. H. D e w b e r r y ........ Director, Plant and Business Operations

L. R. Siebert............................... Executive Secretary

James A. B l i s s i t ..................................... Treasurer

John R. Hills.................. Director, Testing and Guidance

Harry S. Downs . . . . Associate Director, Testing and Guidance

*0n Leave

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TABLE OF CONTENTS (CONTINUED)

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

477-492

Fort Valley State College, Fort Valley. ..................... .. . . . . | . 493-510

Savannah State College, Savannah.......... .............................. .. 511-524

REGEN TS OF TH E U N IVERSITY SYSTEM DF GEO RGIA
2 4 4 W A SH IN GTO N S T R E E T , S.W . A TLA N TA
Chancellor Hannon W. Caldwell University System of Georgia Dear Chancellor Caldwell: 1 am submitting herewith the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30, 1961. This represents the fourteenth annual report that has been compiled to report the financial operations of the University System. These reports are intended to form a comprehensive and permanent record of the financial operations of the System for the periods covered, for the information and reference of all persons concerned or interested. You will find a summary of the principal items of interest in this report on the following pages. The remainder of the report covers the detailed operations of the institutions comprising the University System.
James A. Blissit, Treasurer October 20, 1961
7

SUMMARY

Scope of Report

The annual report contained herein reflects the financial operations of the University System for the fiscal year ended June 30, 1961. This report has been prepared generally in accordance with the recommendations of the National Committee on the Preparation of a Manual on College and University Business Administration. All statements and schedules have been prepared on a cash receipts and disbursements basis with the exception of the balance sheet and statements of surplus which were prepared on a modified accrual basis.

State Appropriation - $30.201.667.

The General Appropriation Act of 1956 continued in effect for 1960-61, providing funds to the University System in the amount of $20,100,000. Included in this amount was a specific appropriation of $3,000,000 for the operation of the Eugene Talmadge Memorial Hospital as a teaching hospital for the Medical College of Georgia. The amount received under the General Appropriation Act of 1956 was supplemented by special appropriations approved by the Budget Bureau totaling $7,325,000. An amendment to the General Appropriation Act of 1956 was passed in 1960 providing for a supplemental appropriation of $3,550,000 for 1960-61. However, a part of this appropriation for capital outlay was lapsed by the Budget Bureau and only $2,776,667 was actually received. The amounts received under the General Appropriation Act, the amendment thereto, and from special appropriations approved by the Budget Bureau were as follows:

General Appropriation Act of 1956

University System

$17,100,000

Eugene Talmadge Memorial Hospital

3,000,000

Special Appropriations Approved by Budget Bureau

for 1957-58 Continued

General Operations

Special Appropriations Approved by Budget Bureau

for 1958-59 Continued

General Operations

Special Appropriations Approved by Budget Bureau

for 1959-60 Continued

General Operations

Amendment to General Appropriation Act General Operations

$ 2, 000,000

Capital Outlay

$1,000,000

Less: Amount Lapsed

773,333

226,667

Marketing of Farm Products

50,000

Talmadge Memorial Hospital

500,000

Special Appropriation Approved by Budget Bureau

for 1960-61

Georgia Tech - Industrial Development

$20, 100,000 2 ,00 0,0 0 0
3.400.000 1.875.000
2,776,667 50,000

Total State Appropriation

$30.201.667

The total State Appropriation as set forth above was $2,766,667 greater than the amount received for the previous year.

8

The Regents Allotment Account had a balance at the beginning of the year of $1,331,884. During the year this balance was increased by the State Appropriation of $30,201,667 plus an amount of $71,413 interest earned on temporary investments, making a total amount available for allocations of $31,604,964. Of this amount, the Board of Regents allocated a total of $30,158,125, leaving an unallocated balance at June 30, 1961, of $1,446,839. The allocations made by the Board of Regents were as follows:

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

$26,398,500 3,404,625 347,000
______ 8,000

Total Allocations

$30.158.125

Income for Current Operations and Plant Purposes.

The University System received income during the year for current and plant purposes in the amount of $65,072,971. The general sources of income are set forth below in comparison with income received from similar sources during the previous year.

Source

1959-60

1960-61 Increase or (Decrease)

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

$27,435,000 $30,201,667

20,808,345 9,529,861 2,297,172 589,584

22,876,619 10,285,579
1,083,228 625.878

$ 2,766,667
2,068,274 755,718
(1,213,944) 36.294

Total Income

$60,659,962 $65,072,971

$ 4.413.009

Expenditures.

The expenditures for current operations and plant additions and improvements during 1960-61 are compared below with the expenditures for the previous year.

Expenditures

1959-60

1960-61 Increase or (Decrease)

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

$42,334,551 7,825,360 9,447,278 883.068

$47,119,828 8,572,881 9,655,098 896.466

$ 4,785,277 747,521 207,820 13.398

Total Expenditures

$60,490,257 $66,244,273

$ 5.754.016

Investment of Idle Funds Yielded $755,963.

The University System continued its practice of temporarily investing operating and plant funds in excess of current operating needs. During the year the month end balances of current and plant funds averaged $25,103,000. Of this amount 77.1%, or $19,349,000, was invested in short term obligations of the United States or bank time deposits. The amount of interest collected during the year was $755,963 or 3.01% of the total funds available. This amount of

9

interest collected was $76,176 greater than the $679,787 collected during the previous year. As of June 30, 1961, a total of $18,073,000 in operating and plant funds was temporarily invested. Of this amount, $4,808,000 was invested in U. S. Treasury Obligations and $13,265,000 in bank time deposits.

Income for Educational and General Purposes.

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

Source

1959-60

Amount

%

1960-61

Amount

%

Increase or (Decrease)

Amount

7.

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

$ 4,807,388 1,256,624 847,540 267,999
$ 7,179.551 $ 3,370,625

10.8 2.8 1.9 0.6
16.1 7.6

$ 5,102,704 1,347,204 823,899 340,862
$ 7,614,669 $ 4,380,453

10.4 2.7 1.7 0.7
15.5 8.9

$ 295,316 90,580
(23,641) 72,863
$ 435,118 $ 1,009,828

4,858,096 5,171,762
228,311 $20,808,345
23,792,973

10.9 11.6
0.5 46.7 53.3

4,908,348 5,722,973
250,176 $22,876,619
26,398.500

9.9 11.6
0.5 46.4 53.6

50,252 551,211
21,865 $ 2,068,274
2,605,527

6.1 7.2 (2.8) 27.2 6.1 30.0
1.0 10.7
9.6 9.9 11.0

Total Income

$44,601,318 100.0 $49,275,119 100.0 $ 4.673.801

10.5

Educational and General Expenditures.

The expenditures for Educational and General purposes amounted to $47,119,828 for the year. These expenditures are compared by function in the following table with those for the previous year.

Function

1959-60

Amount

7.

1960-61

Amount

7,

Increase or (Decrease)

Amount

7.

Administration

$ 2,176,006

General

1,735,568

Student Welfare

584,079

Plant Operations

3,679,016

Library

1,379,861

Instruction

14,154,462

Activities Related to Instructioni 3,692,768

Organized Research

8,618,063

Agricultural Extension

5,044,318

General Extension

1,270,410

5.1 4.1 1.4 8.7 3.3 33.4 8.7 20.4 11.9 3.0

$ 2,439,459 1,853,452 646,075 4,265,780 1,500,323
15,411,945 4,215,187 9,858,429 5,359,437 1,569,741

5.2 3.9 1.4 9.1 3.2 32.7 8.9 20.9 11.4 3.3

$ 263,453 117,884 61,996 586,764 120,462
1,257,483 522,419
1,240,366 315,119 299,331

12.1 6.8
10.6 15.9
8.7 8.9 14.1 14.4 6.2 23.6

Total

$42.334.551 100.0

100.0 $ 4.785.277

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Educational and General Surplus.

The University System ended the year with an Educational and General Surplus of $5,579,615, an increase of $397,232 over the surplus at June 30, 1960. On an accrual basis as set forth in the Statement of Surplus to be found later in this report, income exceeded expenditures by $1,962,440. Other additions to surplus included an increase in the Regents Allotment Account of $43,541 and a transfer from Auxiliary Funds of $135,385; making total additions to surplus of $2,141,366. Surplus was reduced by an increase in Surplus Reserves of $473,452 and transfers to Plant Funds amounting to $1,270,682.

The following summary of the Educational and General section of the Balance Sheet is given in comparison with the assets and liabilities at June 30, 1960.

Assets

June 30, 1960 June 30, 1961 Increase or (Decrease)

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

$ 8,834,778 $ 9,974,725

918,175

876,911

449,496

485,228

14,580

12,000

$1,139,947 (41,264) 35,732 (2,580)

Total Assets

$ 10.217.029 $ 11.348.864

$1.131.835

Liabilities and Surplus
Accounts Payable Purchase Orders Outstanding Unearned Income Restricted Fund Balances Reserve for Stores Other Reserves Unappropriated Surplus
Total Liabilities and Surplus
Auxiliary Enterprise Operations.

June 30, 1960 June 30, 1961 Increase or (Decrease)

$

79,428 $

125,402

454,925

324,486

782,161

996,014

2,590,197

2,997,159

601,485

626,122

526,450

700,066

5,182,383

5,579.615

$ 45,974 (130,439) 213,853 406,962 24,637 173,616 397,232

10.217.029 $ 11.348.864

$1.131.835

The income and expenditures of Auxiliary Enterprise Operations during the year are set forth below in comparison with the previous year.

Income

1959-60

1960-61 Increase or (Decrease)

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

$2,138,703 3,234,662 2,462,918 365,663 1.327.915

$ 2,249,207 3,531,648 2,706,661 362,731 1.435.332

$9.529.861 $10.285.579

$110,504 296,986 243,743 (2,932) 107.417
$755.718

11

Expenditures

1959-60

1960-61 Increase or (Decrease)

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

$1,317,090 2,809,490 2,358,009 242,622 1.098.149

$ 1,457,460 3,056,016 2,596,697 239,869 1.222.839

$140,370 246,526 238,688 (2,753) 124.690

Total Expenditures

$7.825.360 $ 8.572.881

$747.521

The comparisons set forth above are made on a cash receipts and disbursements basis. As reflected in the Statement of Surplus found later in this report, the income from operations exceeded expenditures by $1,362,256 after making provision for additions to the Replacement Reserve of $411,745. The net income for operations plus a decrease in surplus reserves of $54,037 provided additions to surplus of $1,416,293. Surplus was reduced to provide funds for debt service of $644,796; transfers to Plant Funds of $119,276 and transfers to General Funds of $135,385.

The above changes resulted in an increase in Auxiliary Enterprise Surplus from $1,007,019 at June 30, 1960, to $1,523,855 at June 30, 1961.

Student Aid.

Income received for Student Aid during the year amounted to $972,878. Of this amount $347,000 was allocated by the Board of Regents from the State Appropriation; $275,000 for scholarships for Negro students attending institutions other than units of the University System; and $72,000 for the Southern Regional Education Board.

Listed below are the sources from which income was received and the purposes for which funds were expended as compared with the previous year.

Income
Endowment Income Gifts and Grants State of Georgia

1959-60 1960-61 Increase or (Decrease)

$ 64,672 $ 59,224 524,912 566,654 340,000 347,000

$(5,448) 41,742 7.000

Total Income

$929,584 $972,878

$43,294

Expenditures

Fellowships Scholarships Other

$ 74,756 747,411 60,901

$ 81,698 739,809 74.959

$ 6,942 (7,602) 14,058

Total Expenditures

$883,068 $896,466

$13,398

Agency Funds.

The University System held Agency Funds at June 30, 1961, having total fund balances of $2,261,388. This was composed of funds received and held by various units as custodians, and consisted for the most part of unexpended student activity fees, funds of student organiza tions, and funds deposited with the institutions by students for safekeeping.

Endowment Funds.

The University System held Endowment Fund Assets at the end of the year in the amount of $4,771,257 which was $152,659 greater than the assets held at the end of the previous year. The assets held at June 30, 1961, were composed of cash in the amount of $152,625 and investments totaling $4,618,632. Listed below is a summary of investments at June 30, 1961, as compared with investments at the close of the previous year.

Type of Investment

June 30, 1960 Junei 30, 1961 Increase or (Deci

U. S. Government Bonds

$

State and Municipal Bonds

University System Building Authority

Bonds

Georgia State School Building Authority

Bonds

Georgia Institute of Technology Revenue

Bonds

Corporate and Other Bonds

Preferred and Common Stock

Real Estate

Real Estate Mortgages

University System Buildings

Other Investments

574,590 $ 100,000
1,912,499
536,000
130,000 7,750
101,647 91,516 9,450
1,001,590 23,554

705,190 100,000
1,929,499
536,000
218,000 7,750
130,776 91,516 7,400
869,861 22,640

$ 130,600
17,000
88,000 29,129 (2,050) (131,729)
(914)

Total Investments

$ 4.488.596 $ 4.618.632

$ 130.036

Student Loan Funds.

The total assets of Student Loan Funds amounted to $2,687,290 at June 30, 1961, as compared with assets of $2,042,400 at the beginning of the year. These assets consisted of cash in the amount of $282,885; student notes receivable of $1,748,802; and investments totaling $655,603. The investments as compared with those at the close of the previous year were as follows:

Type of Investment

June 30. 1960 June 30, 1961 Increase or (Decri

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

87,294 $
154,429
94,000
10,000 40,201 221,429 15,852

156,018
141,429
94,000
73,000 17,469 169,872
3,815

$ 68,724 (13,000)
63,000 (22,732) (51,557) (12,037)

Total Investments

___ 623.205 $

Income for Plant Additions and Improvements.

655.603

$ 32,398

During the year, income was received in the amount of $4,487,854 for plant purposes income by sources is compared in the following summary with income received during 1959-60.

13

Source

1959-60

1960-61 Increase or (Decrease)

State Appropriation Gifts and Grants Governmental Other Than State Appropriation Interest on Investments Other Sources

$3,169,748 1,283,000 329,400 592,392 92,380

$3,404,625 397,560 150,004 456,812 78,853

$ 234,877 (885,440) (179,396) (135,580) (13,527)

Total Income

$5.466.920 $4.487.854

$(979.066^

In addition to the income as set forth above, Plant Fund Accounts had other receipts totaling $3,463,484. Of this amount $1,270,682 was transferred from Educational and General Surplus; $1,449,125 was transferred from Auxiliary Enterprise Funds; $92,267 was borrowed from Trust Funds; and $651,410 was transferred from institutions for additions to the Insurance and Hazard Fund.

Plant Fund Expenditures.

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

Expenditures For:

1959-60

1960-61 Increase or (Decrease)

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

$ 714,636 4,396,098 225,827 555,184 502,798 2,826,455 226,280

$ 321,975 4,169,204 389,697 752,134 441,364 3,058,710 522,014

$(392,661) (226,894) 163,870 196,950 (61,434) 232,255 295,734

Total Expenditures

$9.447.278 $9.655.098

$ 207.820

To obtain a complete picture of plant additions, it is necessary to look at the activ ities of the University System Building Authority. The Authority is not a part of the University System; therefore, its financial operations are not included as a part of this report. The Authority, which was activated in 1950, issues bonds, using the proceeds for the construction of buildings on the campus of units of the University System; and upon completion, leases the buildings to the University System. As of June 30, 1960, the Authority had issued bonds totaling $54,377,000, of which $46,531,000 were outstanding at the close of the year. Funds were held in the Sinking and Reserve Fund Accounts of the Authority on that date in the amount of $3,120,720 for future debt service requirements. Seventy-two projects had been completed or were under construction as of June 30, 1961, with total expenditures as of that date having amounted to $42,282,453. Of the total amount expended by the Authority for construction, $6,316,161 was expended during 1960-61 on seventeen projects under construction. The Authority held funds at June 30, 1961, in the amount of $16,591,551 for the completion of unfinished projects and for the construction of additional projects. As will be noted above, the University System paid $3,058,710 to the Building Authority during 1960-61 as an annual rental for the use of these facilities.

Unexpended Plant Fund Assets.

The University System held unexpended plant fund assets at the end of the year totaling $10,897,305. This amount was composed of cash, $7,257,551; temporary investments, $3,383,493;

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and amounts due from other funds of $256,261. Of these assets, $292,563 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; $1,759,743 was reserved for the Insurance and Hazard Fund; $1,293,716 was reserved for the Auxiliary Replacement Fund; and $7,551,283 represented unexpended balances held for work in progress or future construction.

Investment in Plant.

The University System had a total investment in physical plant assets at June 30, 1961, in the amount of $162,435,742. This represents an increase of $14,764,379 over the invest ment reported at the end of the previous year.

The investment in plant at the end of the year as compared with that at June 30, 1960, is summarized as follows:

Land Buildings Improvements Other Than Buildings Equipment

$ 7,774,661 105,157,762 5,996,881 28.742,059

'zjszzz:. . ..T7.T.
$ 8,080,859 115,960,651 6,407,383 31,986,849

Increase
$ 306,198 10,802,889 410,502 3,244,790

Total Plant Assets

$147,671,363 $162,435,742 $14,764,379

During 1960-61, $141,000 of Series MAM Georgia Institute of Technology Revenue Bonds were retired, leaving a balance of $1,276,000 outstanding of the original issue of $4,000,000. The bonds outstanding bear interest at 2%% and 2% and have maturity dates to May 1, 1978.

In addition to the bonded indebtedness referred to above, a total of $1,039,733 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 $183,286 during the year. The balance is being amortized over a period of years from the net income of the projects financed by the loans.

It should be noted that the buildings constructed by the University System Building Authority have been included in the plant assets 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 assets with a liability set up for the equity of the University System Building Authority in the pro rata amount of bonds outstanding appli cable to the projects included as assets. This equity at June 30, 1961, amounted to $31,716,511 as against assets included of $42,282,453.

The buildings constructed by the State Hospital Authority for use of the Medical 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 assets with a liability for the equity of the State Hospital Authority. This equity is reported as $6,950,000; this being the amount of bonds outstanding of an original issue of $12,000,000.

With a total investment in plant of $162,435,742; against which bonds were outstanding in the amount of $1,276,000; $1,039,733 was due to Endowment and Student Loan Funds; an equity of $31,716,511 was held by the University System Building Authority; and an equity of $6,950,000 was held by the State Hospital Authority; the University System had a net invest ment in plant of $121,453,498.

15

General Comments. On the following pages of this report will be found various consolidated statements
relating to the year's operations, statements of Educational and General and Auxiliary Enterprise Surplus, and the assets and liabilities of the University System at June 30, 1961. In addition to the consolidated statements, detailed financial reports of the operations of the individual units of the University System may be found in this report.
17

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1961
ASSETS

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

$ 5,830,925.33 1,250,000.00 773,550.62 12,000.00 485,228.34

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

$ 8,351,704.29

$ 2,893,799.53 103,359.91

2,997,159.44

$ 2,017,523.78 175,000.00 28,718.78 796,468.06

TOTAL AUXILIARY FUNDS

3.017.710.62

TOTAL CURRENT FUNDS

$ 14,366,574.35

II. AGENCY FUNDS Cash Investments Accounts Receivable

$ 2,260,377.18 314.50 696.21

TOTAL AGENCY FUNDS

2,261,387.89

III.

ENDOWMENT FUNDS Cash Investments U. S. Government Bonds State and Municipal Bonds University System Building Authority Bonds Georgia State School Building Authority Bonds Georgia Institute of Technology Revenue Bonds

$ $ 705,190.00
100,000.00 1,929,498.76
536,000.00 218,000.00

152,625.47

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UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1961
LIABILITIES. SURPLUS. AND FUND BALANCES

I. CURRENT FUNDS

A. GENERAL

Accounts Payable

Purchase Orders Outstanding

Unearned Income

Summer Session

$819,739.26

Fall Quarter

176.274.63

Reserve for Stores

Other Reserves

Unappropriated Surplus

TOTAL GENERAL FUNDS

125,401.56 324,486.02

996,013.89 626,121.98 700,065.58 5.579.615.26
$

8,351,704.29

B. RESTRICTED Fund Balances

$ 2,997,159.44

TOTAL RESTRICTED FUNDS

2,997,159.44

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

46,648.25 13,396.33 86,156.37 796,468.06 453,172.16 98,014.35 1.523.855.10

3.017.710.62

TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balances

$ 14,366,574.35 $ 2,261,387.89

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balances

2,261,387.89 $ 4,771,257.29

19

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30 , 1961

ASSETS (CONTINUED)

III.

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

$

7,750.00

130,775.90

91,515.78

7,400.00

869,860.77

22.640.61 $ 4.618.631.82

TOTAL ENDOWMENT FUNDS

$ 4,771,257.29

IV. STUDENT LOAN FUNDS

Cash

Student Notes Receivable

Investments

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

$ 282,885.63 1,748,801.67

156,017.56

141,429.17

94,000.00

73,000.00 17,469.07 169,871.87
3.815.16

655.602.83

TOTAL STUDENT LOAN FUNDS

2,687,290.13

V. PLANT FUNDS A. UNEXPENDED Ca.sh Investments (Temporary) Due from Other Funds Other Assets

$ 7,257,551.43 3,383,492.54 88,667.55 167,593.81

TOTAL UNEXPENDED

$ 10,897,305.33

B. INVESTED IN PLANT Land Buildings

$ 8,080,858.74 115,960,650.63

20

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UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1961
LIABILITIES, SURPLUS, AND FUND BALANCES (CONTINUED) III. ENDOWMENT FUNDS (CONTINUED)

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Due to Other Funds Fund Balances

4,771,257.29

$

14,511.18

2,672,778.95

TOTAL STUDENT LOAN FUNDS

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

$ 1,759,742.80 292,563.64
1,293,715.70 7.551.283.19
~ $ 10,897,305.33

B. INVESTED IN PLANT

Loans Payable to Endowment Funds

$

Loans Payable to Student Loan Funds

869,860.77 169,871.87

2,687,290.13

21

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)
V. PLANT FUNDS (CONTINUED) B. INVESTED IN PLANT (CONTINUED) Improvements Other Than Buildings Equipment

$ 6,407,383.59 31,986,848.80

TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS

$162.435.741.76 $173.333.047.09 $197.419.556.75

Note: The items of "Cash" listed for General, Restricted, Auxiliary, Plant, and Agency Funds totaling $20,260,177.25 included bank time deposits of $13,265,051.59.
22

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET June 30, 1961

LIABILITIES, SURPLUS, AND FUND BALANCES (CONTINUED)

V. PLANT FUNDS (CONTINUED)

B. INVESTED IN PLANT (CONTINUED)

Bonds Payable

$ 1,276,000.00

Equity of University System Building

Authority

31,716,511.36

Equity of State Hospital Authority

6,950,000.00

Net Investment in Plant

121.453.497.76

TOTAL INVESTED IN PLANT

$162.435.741.76

TOTAL PLANT FUNDS

$173.333.047.09

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$197.419.556.75

23

UNIVERSITY SYSTEM OF GEORGIA SOURCES OF INCOME OF THE UNIVERSITY SYSTEM, 1960-61

State Appropriation

$30,201,666.95

Internal Income

Educational and General

Student Fees

$

Gifts, Grants, and Endowment Income

Governmental Other Than State Appropriation

Sales and Services

Other Income

_

Total Educational and General Internal

Income

7.614.668.81 4.380.452.81 4,908,348.10 5,722,973.62
250.175.72
$22,876,619.06

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

$ 2,249,207.37 3.531.648.14 2,706,660.46 1.798.063.15

10,285,579.12

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

$ 397,560.11 456,811.66 228.856.56

1,083,228.33

Student Aid Gifts and Grants Endowment Income Total Student Aid Income
Total Internal Income
Total Income from All Sources

$ 566,653.76 59.223.95

625.877.71 34.871.304.22
$65,072,971.17

Non-Income Transfer from Institutions for Insurance and Hazard Reserve Fund Loans from Trust Funds for Construction
Total Non-Income Receipts

$ 651,410.29 _____ 92,267.00

743,677.29

Funds on Hand, July 1, 1960 Educational and General Institutional Balances Restricted Fund Balances Auxiliary Enterprise Funds Unexpended Plant Funds Unallocated Funds in Regents' Office
Total Funds on Hand, July 1, 1960
Total Funds Available

$ 5,007,761.74 2,495,131.76 2,064,335.26
12,344,803.55 1.331.884.55
23.243.916.86
$89.060.565.32

24

UNIVERSITY SYSTEM OF GEORGIA CLASSIFICATION OF EXPENDITURES OF THE UNIVERSITY SYSTEM, 1960-61

Educational and General Administration General Expenses Student Welfare Plant Operations Library Instruction Activities Related to Instruction Research Agricultural Extension General Extension and Public Services Total Educational and General Expenditures
Auxiliary Enterprises Dormitories Dining Halls Bookstores and Student Centers Other Activities Total Auxiliary Enterprise Expenditures
Plant Funds Additions to Plant - Capital Improvements Debt Service Rentals to University System Building Authority Insurance and Hazard Fund Expenditures Other Plant Expenditures Total Plant Fund Expenditures
Student Aid Scholarships Fellowships Other Total Student Aid Expenditures
Total Expenditures
Non-Expense Interest on Constitutional Debt
Funds on Hand, June 30, 1961 Educational and General Institutional Balances Restricted Fund Balances Auxiliary Enterprise Funds Unexpended Plant Funds Unallocated Funds in Regents' Office Total Funds on Hand, June 30, 1961
Total Funds Available

$ 2,439,458.76 1,853,451.57 646,075.03 4,265,780.02 1,500,322.73
15,411,944.86 4,215,187.30 9,858,429.20 5,359,437.39 1.569.741.00 1 $47,119,827.86

$ 1,457,459.94 3,056,015.48 2,596,696.66 1.462.708.68

8,572,880.76

$ 5,633,010.43 441,364.01
3,058,709.82 120,612.62 401.400.77

9,655,097.65

$ 739,809.40 81,697.86 74.959.18

896.466.44

$66,244,272.71

8 ,0 00. 0 0

$ 5,634,086.16 2,893,799.53 2,192,523.78
10,641,043.97 1.446.839.17

22.808.292.61

$89.060.565.32

UNIVERSITY SYSTEM

Institution

STUDENT FEES

Non-Resident Summer

Matriculation Tuition

Session

Other

University of Georgia

$1,140,657.10 $ 278,135.02 $231,753.06 $ 76,868.86

Continuing Education Center

454,899.63

Agricultural Experiment Stations

Agricultural Extension Service

Georgia Institute of Technology

930,896.50 858,448.70 266,775.80 20,425.59

Southern Technical Institute

237,220.15

44,765.50

16,077.50

Engineering Experiment Station

Engineering Extension Division

329,864.51

55,131.80

36,313.00

Georgia State College of Business Administration 392,083.79

12,033.00 77,880.87 13,866.64

Medical College of Georgia

230,310.43

Eugene Talmadge Memorial Hospital

West Georgia College

112,563.00

2,370.00 20,521.50 13,634.74

North Georgia College

97,652.25

5,480.00 12,541.00 16,686.77

Georgia State College for Women

111,226.75

4,520.00 27,304.25 22,782.51

Georgia Southern College

180,765.00

11,855.00 51,327.19 25,535.68

Valdosta State College

92.766.75

5,768.00 25.044.00 13.066.00

Total Senior Units (White)

$4,310,905.86 $1,,278,507.02 $713,147.67 $255.257.29

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

$ 41,597.00 $ 64,452.20 52,702.00 57,588.90 50,967.50 82,988.43 50,471.50
$ 400,767.53 $

2,030.00 $ 6,207.50 $ 5,909.00

24,147.00 16,843.40 12,712.96

2,310.00

7,988.60

7,438.00 13,932.00 6,775.13

15,580.00

10,698.30

3,810.50

9,389.75

2,493.47

5,550.00 5,072.99 5.250.00

60,865.50 $ 51,445.64 $ 51.827.46

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

$ 123,676.79 $ 119,668.29 147.685.30
$ 391,030.38 $

2,487.06 $ 17,832.02 $ 10,743.89 4,843.94 22,940.16 11,721.60
500.00 18,533.65 11,312.14 7,831.00 $ 59,305.83 $ 33.777.63

Central Office Soil Conservation Committee
Total Other Activities
GRAND TOTALS

$

$

$

$

$

$

$__________ $

$5.102.703.77 $1. 347.203.52 $823.899.14 $340.862.38

26

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OF GEORGIA
AND GENERAL INCOME June 30, 1961

Governmental

Gifts, Grants Other Than

And

State

Endowments Appropriation

Sales And
Services

Other Sources

Total Internal
Income

State Appropriation

Total Income Received

$1 ,813,876.17 $ 152,550.06 $ 130,705.08 $ 33,267.90 $ 3,857,813.25 $ 5,108,000.00 $ 8,965,813.25

22,909.70

82,272.07 4,838.10

564,919.50

293,000.00

857,919.50

470,753.54 937,746.00 928,362.52 13,695.39 2,350,557.45 1,898,000.00 4,248,557.45

42,543.66 3 ,421,349.48 343,417.60 4,801.91 3,812,112.65 1,662,000.00 5,474,112.65

789,957.23

231,007.98 42,705.10 3,140,216.90 3,567,000.00 6,707,216.90

4,000.00

1,200.00

303,263.15

334,000.00

637,263.15

127,598.81

3 ,072,165.26

3,199,764.07

660,000.00 3,859,764.07

48,668.22

469,977.53

20,000.00

489,977.53

68,596.88

2,120.00 36,488.35

603,069.53 1,889,000.00 2,492,069.53

829,695.48

98,177.50

2,426.19 1,160,609.60 1,215,000.00 2,375,609.60

66,125.00

796,126.80

6,139.70

868,391.50 3,500,000.00 4,368,391.50

1,162.14

3,440.31

153,691.69

327,000.00

480,691.69

17,873.34

4,298.60

154,531.96

463,000.00

617,531.96

86,319.00

55,528.58

7,658.25 4,131.26

319,470.60

663,000.00

982,470.60

51,175.00

59,657.43

3,828.00

500.00

384,643.30

631,000.00 1,015,643.30

3.774.00

3.338.50

143.757.25

355,000.00

498,757.25

$4,329,072.81 $4,742,786.91 $5,695,841.06 $161,271.31 $21,486,789.93 $22,585,000.00 $44,071,789.93

$ 1,840.00 $

$

$ 630.20 $ 58,213.70 $ 198,000.00 $ 256,213.70

531.25

118,686.81

307,000.00

425,686.81

500.00

63,500.60

207,000.00

270,500.60

3,624.80 1,580.62

90,939.45

211,000.00

301,939.45

300.00

77,545.80

204,000.00

281,545.80

4,424.17

103,106.32

323,000.00

426,106.32

$ 1,840.00

4.404.05 4.404.05

15,662.64 1.881.97

88.293.15

262.500.00

350.793.15

19.287.44 $ 9.848.21 $ 600.285.83 $ 1.712.500.00 $ 2,312.785.83

$ 49,300.00 $ 33,358.36 $ 240.00 115,210.64 12.588.14
_ 49.540.00 $ 161.157.14 $

2,174.00 $ 4,356.55 1.314.57 7.845.12 $

2,497.84 $ 275.00
4.855.25 7.628.09 $

242,069.96 $ 443,000.00 $ 685,069.96

279,256.18

693,000.00

972,256.18

196.789.05

725.000.00

921.789.05

718.115.19 $ 1.861.000.00 $ 2.579.115.19

$

$

$

$ 71,428.11 $ 71,428.11 $ 200,000.00 $ 271,428.11

40,000.00

40.000.00

_

71.428.11 $ 71.428.11 $ 240.000.00 $ 311.428.11

$4,380,452.81 $4,908,348.10 $5,.722.973.62 $250,175.72 $22,876,619.06 $26,398,500.00 $49,275,119.06

27

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For Year Ended

Institution

Administration

General

Student Welfare

University of Georgia

$ 327,090.76

Continuing Education Center

81,405.37

Agricultural Experiment Stations 131,630.01

Agricultural Extension Service

Georgia Institute of Technology

353,759.97

Southern Technical Institute

46,213.41

Engineering Experiment Station

Engineering Extension Division

Georgia State College of Bus. Adm. 228,691.40

Medical College of Georgia

90,660.18

Eugene Talmadge Memorial Hosp.

197,091.39

West Georgia College

56,466.17

North Georgia College

49,298.96

Georgia State College for Women

64,231.95

Georgia Southern College

58,901.41

Valdosta State College

___

Total Senior Units (White) L$ h1 .739.879.87

314,184.72 19,005.09
110,788.38
328,471.77 33,314.52
105,500.97 147,555.65 277,052.56
38,554.25 28,173.54 55,279.76 57,388.63
$1.546.728.79

$169,889.28
82,605.29 3,542.50
85,691.03 5,472.92 2,540.13
10,727.34 36,081.69 57,333.23 34,379.58
$500,242.55

$1,074,447.01 58,302.51
154,834.81
986,052.23 69,335.99
265,912.01 81,052.49
298,070.68 62,484.03
131,016.44 136,039.34 136,024.06
$3 .539.487.81

Georgia Southwestern College

$ 36,491.73 $ 16,803.94 $ 1,921.70 $ 33,104.62

Augusta College

54,758.44

18,460.23 16,644.34

67,155.99

Middle Georgia College

35,122.29

18,564.43

7,128.71

45,775.28

Columbus College

42,221.71

10,778.31

3,338.36

28,310.29

South Georgia College

38,010.89

21,341.67

4,803.75

39,108.83

Armstrong College

55,899.26

23,544.54 24,173.71

40,890.67

Abraham Baldwin Agricultural Col ege_ 40.491.89

14.666.69

4,421.15

49.059.04

Total Junior Units (White) $ 302.996.21 $ 124,159.81 $ 62.431.72 $ 303.404.72

Albany State College

$

Fort Valley State College

Savannah State College

Total Senior Units (Negro) $

60,070.43 74,444.78 64.023.71 198.538.92

$ 49,545.07 61,005.28 72.012.62
$ 182,562.97

$ 28,559.39 23,250.55 31,590.82
$ 83,400.76

$ 80,464.71 164,840.76 177.582.02
$ 422.887.49

Central Office Soil Conservation Committee
Total Other Activities

$ 198,043.76 $ 198.043.76 $

$

$

$

$

GRAND TOTALS

$ 2.439.458.76 $1.853.451.57 $646.075.03 $4.265.780.02

28

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OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1961

Library

Instruction

Activities Related To Instruction

Research

Extension And Public
Service

Total Expenditures

$ 456,641.03
30,419.55
320,385.20
192,455.98 46,044.29
32,315.52 42,692.14 36,507.41 44,806.13 22.469.75 $1.224.737.00

$ 4,602,676.66 198,263.94
3,512,133.89 386,313.17
1,305,096.91 1,154,258.04
257,112.88 301,804.76 448,834.84 506,232.12 249.474.65 $12,922,201.86

$ 48,429.26 368,350.74
3,490,492.47 65,571.92
100,824.99 $4.073.669.38

$1,237,850.75 3,403,391.29 262,388.98 3,962,069.11 117,480.33 774,347.31
655.01 39,517.54 $9.797.700.32

$ 475,673.39 543,220.99
5,359,437.39
413,692.42 12,895.19
5,534.27 15,700.26
$6.826.153.91

$ 8,706,882.86 900,197.90
4,199,414.78 5,359,437.39 5,845,797.33
538,719.59 3,962,069.11
413,692.42 2,313,723.82 2,299,390.88 4,265,247.23
463,194.46 589,067.53 880,153.72 978,074.46 455.738.01 $42,170.801.49

$ 9,928.66 $ 141,037.82 $

31,749.92

220,124.05

10,623.62

142,522.99

17,219.40

153,867.04

13,281.22

153,392.85

14,935.31

236,344.62

12.598.17

168.030.42

$ 110.336.30 $ 1.215,319.79 $

$
23,175.85 23.175.85 $

$ 27,709.91 $ 319,238.74 $ 45,110.91 $

70,234.21

465,002.89

73,231.16

67.305.31

490.181.58

$ 165.249.43 $ 1.274.423.21 $ 118.342.07 $

294.38 $
294.38 $ 49,145.02 $ 10,301.72
987.76 60.434.50 $

4,150.03
20,589.82 24.739.85

$ 239,582.85 408,892.97 259,737.32 259,885.14 269,939.21 395,788.11 333,033.03
$ 2.166.858.63

18,318.24 5,825.32
14.421.36 38.564.92

$ 678,162.42 948,136.67 918.105.18
$ 2.544.404.27

$

$

$

$

$

$

$

$ 198,043.76

39.719.71

39.719.71

$

$ 39.719.71 $ 237.763.47

$1,500,322.73 $15,411,944.86 $4,215,187.30 $9,.858.429.20 $6,929,178.39 $47,119,827.86

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE INCOME For Year Ended June 30, 1961

Senior Units (White) University of Georgia Continuing Education Center Georgia Institute of Technology Southern Technical Institute Georgia State College of Bus. Adm. Medical College of Georgia 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
GRAND TOTALS

Dormitories

Student Centers and Dinine Halls Bookstores

Faculty Housine

Other Activities

Total

$ 714,519.69 $ 667,459.72 $ 644,019.19 $

$ 314,332.25 $ 2,340,330.85

518,576.56

518,576.56

490,640.43

684,265.30

861,765.43 297,428.00

390,368.75 2,724,467.91

54,021.52 155,288.03

209,309.55

97,076.95

71,320.76

168,397.71

59,194.51

161,277.15

19,526.29

239,997.95

78,821.57

170,411.12

54,645.51 1,258.00

305,136.20

133,116.50

259,042.72

179,984.12 21,665.55

2,237.50

596,046.39

125,078.88 250,911.92

72,451.09 22,536.93

46,192.40

517,171.22

158,808.54 283,154.26

86,748.03 3,270.67

14,546.87

546,528.37

44,893.30

116,742.93

87,636.07

11,296.60

260,568.90

44,015.05 51,489.75 60,382.12 49,543.70

101,308.13 124,806.08 121,212.59 151,405.87

46,401.39 48,214.84 52,282.31 40,713.49 45,276.02 42,283.57 37,043.24

1,674.00 4,643.00 2,379.00

608.69 756.56 1,095.00

194,007.26 52,857.84
231,713.70 40,713.49
227,965.73 42,283.57
237,992.81

60,609.96 77,527.84 46.544.01

135,771.96 181,056.50 128.811.01

46,077.77 54,078.61 48.685.68

7,335.63 540.00

11,018.20 21,602.36 11.853.58

253,477.89 341,600.94 236.434.28

$2.249.207.37 $3.531.648.14 $2.706.660.46 $362.730.78 $1.435.332.37 $10.285.579.12



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UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISE EXPENDITURES For Year Ended June 30, 1961

Senior Units (White) University of Georgia Continuing Education Center Georgia Institute of Technology Southern Technical Institute Georgia State College of Bus. Adm. Medical College of Georgia 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
GRAND TOTALS

Dormitories

Student Centers and Dinine Halls Bookstores

Faculty Housine

Other Activities

Total

$ 353,913.55 $ 554,248.28 $ 650,302.09 $

$ 317,275.86 $1,875,739.78

255,418.78 54,681.76

651,962.47 133,627.03

821,671.28 195,866.89

424,184.85 424,184.85 358,567.78 2,283,487.20
188,308.79

39,407.44 51,935.32 114,825.47 106,674.52 102,157.76 35,696.19

138,549.08 221,778.11 213,373.29 238,878.38
93,915.66

87,030.65 141,535.09
54,725.57 158,156.95
66,245.16 91,739.90 79,050.02

2,287.41 12,800.68 13,424.56
3,139.47

16,145.13 32,028.84
35,025.25 6,744.98

103,175.78 212,971.37 247,497.38 507,561.21 434,742.78 435,915.51 215,406.85

42,044.37 43,897.73 60,269.67 51,839.51

91,830.27 100,535.29 104,963.58 122,970.70

42,362.71 47,235.55 50,749.64 36,004.10 47,903.13 40,052.05 32,170.23

1,985.35 5,857.46 1,747.64

458.82

178,222.70 53,093.01 196,930.30 36,004.10 213,595.20 40,052.05 206,980.44

51,134.02 58,638.30 34.925.55

112,398.37 158,341.63 118.643.34

47,328.41 50,715.76 51.718.37

2,294.48 465.29

6,698.40 16,487.18
9,222.36

217,559.20 286,477.35 214.974.91

$1,457,459.94 $3,056,015.48 $2,596,696.66 $239,869.23 $1,222,839.45 $8,572,880.76

UNIVERSITY SYSTEM OF GEORGIA

' INCOME FOR STUDENT AID

' Ended June 30, 1961

m

!

Gifts And

State

Endowment

Grants

ADDroDriation

^otal

r

Senior Units (White)

University of Georgia

$20,006.05 $145,346.60 $

$165,352.65

Georgia Institute of Technology

25,747.72 371,965.77

397,713.49

Georgia State College of Bus. Adm.

11,456.47

11,456.47

A-

West Georgia College

8,339.20

8,339.20

Georgia State College for Women

10,001.34

2,450.00

12,451.34

II

Junior Units (White) Augusta College

j>!

9,360.35

9,360.35

Armstrong College

5,980.38

5,980.38

Abraham Baldwin Agricultural College

9,954.99

9,954.99

p

Senior Unit (Negro)

Fort Valley State College

3,468.84

1,800.00

5,268.84

$

Other Activities Graduate Scholarships for Negroes Southern Regional Education Board

275,000.00 275,000.00

72.000.00 72.000.00

>p

GRAND TOTALS

$59.223.95 $566.653.76 $ 347.000.00 $972.877.71 *

STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30, 1961

Fellowships Scholarships

Other

Total

y Senior Units (White)

University of Georgia

$

$ 156,124.45 $ 2,459.18 $158,583.63

V

Georgia Institute of Technology

81,697.86 264,610.94

500.00 346,808.80

Georgia State College of Bus. Adm.

9,884.14

9,884.14

JS

West Georgia College

6,407.16

6,407.16

Georgia State College for Women

13,113.99

13,113.99

Junior Units (White)

Augusta College Armstrong College

4,344.37

4,344.37

5,014.24

5,014.24

#

Abraham Baldwin Agricultural College

9,296.23

9,296.23

&

Senior Unit (Negro)

Fort Valley State College

4,010.00

4,010.00

V-

Other Activities

Graduate Scholarships for Negroes

267,003.88

267,003.88

V)

Southern Regional Education Board

72.000.00 72.000.00

GRAND TOTALS

$ 81.697.86 $ 739.809.40 $74,959.18 $896,466.44

32

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUND INCOME For Year Ended June 30, 1961

Senior Units (White) University of Georgia Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Georgia State College of Bus. Adm. Medical College of Georgia 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 Building Authority Rentals Insurance and Hazard Reserve Fund
GRAND TOTALS

Governmenta1 Interest On

State

Gifts And Other Than State Temporary

Appropriation Grants

Appropriation Investments

Other

Total

$ 128,000.00 $104,447.97 $ 8,500.00 5,755.08

127,000.00 4,500.00 7,500.00
12,000.00 23,000.00 25,000.00 19,000.00 20,000.00

124,964.06 162,393.00

$189,059.01 $23,198.83 $ 444,705.81

5,376.96

19,632.04

50,004.00 135,143.43 41,521.85 25,000.00
55,701.89

2,451.28 2,479.16 6,840.02
482.90

1,735.25

478,633.34 29,500.00
225,594.89 12,000.00 25,451.28 29,214.41 25,840.02 20,482.90

7,900.00 11,400.00 67,150.00 12,000.00

75,000.00

3,218.22 425.00
1,650.00 10,471.90
1,631.14

1,526.25 3,641.14

7,900.00 3,218.22 13,351.25
72,441.14 85,471.90 13,631.14

22,500.00 37,000.00 28,500.00

3,225.00 150.00

1,455.08 397.20

23,955.08 40,622.20 28,650.00

2,843,675.44 $3.404.625.44 $397.560.11 $

43.882.71

2,843,675.44 43,882.71

150.004.00 $456.811.66 $78.852.56 $4.487.853.77

Senior Units (White) University of Georgia Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology Georgia State College of Bus. Adm. Medical College of Georgia 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 Building Authority Rentals Insurance Fund Architectural Fees
GRAND TOTALS

UNIVERSITY SYSTEM
STATEMENT OF PLANT For Year Ended

_________________________ PLANT ADDITIONS

Buildings And Improvements

Additions To

Other Than

Land

Buildings

Buildings

$106,971.97 8,179.75
142,432.91 64,259.91

$ 567,706.40 32,183.94 2,153.05
2,465,976.19 16,837.69
178,454.03 10,880.34 20,488.42 47,901.47
326,577.39 31,864.28

$ 137,735.47 10,130.84
122,562.90
2,778.57 10,908.56
15,310.93 15,178.57

1,000.00 299,819.34
5,500.00
9,021.43
14,776.05

8,008.60 1,195.00 62,532.61
163.50

130.82

15,722.13 61,575.41 60,766.20

3,191.67

$321.975.36 $4.169.203.76 $ 389.697.22

34

OF GEORGIA
FUND EXPENDITURES June 30, 1961

EauiDment

Indebtedness Retired

Interest On Indebtedness

Building Authority
Rentals

Other Expenditures

Total

$321,330.82 19,285.37
139,507.32 23,227.23
18,829.75 37,048.45 28,436.09 30,619.65
8,715.80

$ 251,898.33 141,000.00
1,179.24 4,632.36

$ 11,191.02 25,499.86
810.51 2,773.17

$ 109,918.80 73,712.16
14,149.80 17,253.62

$ 71,046.04 25,299.93 21,280.34 7,965.82
889.04
41,093.46 1,782.81

$1,577,798.85 95,079.83 23,433.39
3,118,657.16 104,324.83 178,454.03 32,488.66 85,474.02 83,743.09 430,855.05 57,541.46

2,898.37 28,961.28
7,541.90
20,409.47
17,254.34

5,189.34 4,741.78
44,460.70 2,881.55

17,096.31 328,780.62
18,978.68
91,963.51 44,460.70 35,075.44

15,112.62 14,885.75 18,069.88

1,973.51

406.01

7,707.54

34,026.42 78,971.50 86,543.62

$752.134.09

$ 400.683.44

$ 40.680.57

2,843,675.44 $3.058.709.82

120,612.62 167.062.42
$ 522.013.39

2,843,675.44 120,612.62 167.062.42
$9.655-097-6S

35

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF SURPLUS June 30, 1961

EDUCATIONAL AND GENERAL Surplus, July 1, 1960

$ 5,182,382.99

Additions:

Excess Income over Expenditures Current Income Realized

$49,275,119.06

Deduct: Decrease in Accounts

Receivable

$ 37,856.42

Increase in Unearned

Income

__ 213.852.67

251.709.09 $49,023,409.97

Deduct: Current Expenditures Cash Expenditures

$47,119,827.86

Deduct: Decrease in

Accounts

Receivable $ 30,760.01

Increase in

Stores

28,097.55

Increase in Regents Allotment Account

Transfer from Auxiliary Funds

58.857.56 47.060.970.30

1,962,439.67 43,541.51
135.384.82

Surplus, July 1, 1960, Plus Additions

$ 7,323,748.99

Deductions : Increase in Surplus Reserves Transfer to Plant Funds
Educational and General Surplus, June 30, 1961

$ 473,451.74 1.270.681.99 1.744.133.73
$ 5.579.615.26

AUXILIARY ENTERPRISES Surplus, July 1, 1960

$ 1,007,018.84

Additions: Excess Income over Expenditures Current Income Realized $10,285,579.12

Add:

Increase in Accounts Receivable

7.266.56 $10,292,845.68

Deduct: Increase in Unearned Income

14.884.81 $10,277,960.87

Deduct: Current Expenditures Cash Expenditures $ 8,572,880.76

Add:

Additions to

Replacement Reserve

411.745.21 $ 8,984,625.97

Deduct: Decrease in

Accounts Payable

$ 23,387.78

Increase in Stores 45.533.32

68.921.10 8.915,704.87 1,362,256.00

Decrease in Surplus Reserves

54.037.06

36

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF SURPLUS (CONTINUED)

AUXILIARY ENTERPRISES (CONTINUED)
Surplus, July 1, 1960, Plus Additions
Deductions: Debt Service Requirements Transfer to Plant Funds Transfer to General Funds
Auxiliary Enterprise Surplus, June 30, 1961

$ 2,423,311.90

$ 644,795.80 119,276.18 135,384.82

899,456.80

37

Regents Allotment Account and
General Activities
For the Year Ended June 30, 1961

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank

$ 84,044.35

TOTAL GENERAL FUNDS

$ 84,044.35

B. REGENTS ALLOTMENT ACCOUNT Cash in Bank Cash in Bank - Time Deposits U. S. Treasury Obligations TOTAL REGENTS ALLOTMENT ACCOUNT

$(->153,160.83 450,000.00
1.150,000.00

1.446.839.17

TOTAL CURRENT FUNDS

$1,530,883.52

II. AGENCY FUNDS Cash in Bank

250.00

III.

STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable Investments Georgia Institute of Technology Revenue Bonds

$ 1,606.17 11,407.53
10.000.00

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Cash in Bank - Time Deposits U. S. Treasury Obligations TOTAL UNEXPENDED

23,013.70

$ 390,649.90 600,000.00
1,230,000.00

$2,220,649.90

B. EXPENDED Equipment

43.414.40

TOTAL PLANT FUNDS

2.264.064.30

TOTAL ASSETS

3.818,211.52

40

!I
iV > V-
i< )s ] AA A1 I *
SA
I >i If
Am
1 A
4
A &
I&
j J if

I
y >A
>1 I M a9
1 1%
A1
AA
II IM
41
4
A ft
v SI
j
V/
A
A
S'

REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Unappropriated Surplus Regents Office Soil Conservation Committee Graduate Scholarships TOTAL GENERAL FUNDS
B. REGENTS ALLOTMENT ACCOUNT Unappropriated Surplus

$ 30,949.87 23,565.35 29.529.13 $ 84,044.35
$ 1,446,839.17

TOTAL REGENTS ALLOTMENT ACCOUNT
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. STUDENT LOAN FUNDS Fund Balance

1.446.839.17 $1,530,883.52 250.00
$ 23,013.70

TOTAL STUDENT LOAN FUNDS

23,013.70

IV. PLANT FUNDS

A. UNEXPENDED

Reserve for Insurance and Hazard Fund $ 1,759,742.80

Fund Balance

460,907.10

TOTAL UNEXPENDED

$2,220,649.90

B. EXPENDED Investment in Plant

43.414.40

TOTAL PLANT FUNDS

2.264.064.30

TOTAL LIABILITIES

$3.818.211.52

41

GENERAL ACTIVITIES
STATEMENT OF INCOME For Year Ended June 30, 1961

I. CURRENT INCOME A. EDUCATIONAL AND GENERAL Governmental - State of Georgia Regents Central Office State Soil Conservation Committee TOTAL GOVERNMENTAL
Other Sources Regents Office 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
II. PLANT FUNDS Governmental - State of Georgia University System Building Authority Rentals
Other Sources Interest on Investments - Insurance Fund
TOTAL PLANT FUND INCOME
Transfers From: Institutions for Insurance Fund Institutions for Dormitory Rentals
TOTAL PLANT FUND RECEIPTS
TOTAL INCOME

$ 200, 000.00 40,000.00 $ 240,000.00

$

15.00

71,413.11

71,428.11

$ 311,428.11

$ 275,000.00 72,000.00
347,000.00
$ 658,428.11

$2,843,675.44

43,882.71 $2,887,558.15

$ 651,410.29 7,297.14

658,707.43

$3,546,265.58

$3.545.986.26

42

GENERAL ACTIVITIES
STATEMENT OF EXPENDITURES For Year Ended June 30, 1961

Total

Personal Services

Operating Supplies
& Expense

Eauinment

CURRENT EXPENDITURES A. EDUCATIONAL AND GENERAL
Administration Central Office
Extension Soil Conservation Committee

$ 198,043.76 $160,815.84 $ 34,761.98 $2,465.94

39.719.71

28.456.23

9.513.93 1,749.55

TOTAL EDUCATIONAL AND GENERAL $ 237.763.47 $189.272.07 $ 44.275.91 $4.215.49

B. STUDENT AID

Graduate Scholarships for Negroes $ 267,003.88 $

Southern Regional Education Board

72.000.00

$267,003.88 $ 72.000.00

TOTAL STUDENT AID

$ 339,003.88 $

$339.003.88 $

TOTAL CURRENT EXPENDITURES

$ 576,767.35 $189.272.07 $383.279.79 $4.215.49

PLANT FUNDS University System Building Authority Rentals Architectural Fees Fire and Extended Coverage Insurance

$2,843,675.44 167,062.42
120.612.62

TOTAL PLANT FUND EXPENDITURES

$3.131.350.48

TOTAL EXPENDITURES

43

REGENTS ALLOTMENT ACCOUNT
SUMMARY OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30, 1961

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

For cost of operating the State Soil

Conservation Committee

40,000.00

For conducting research on poultry disease by College of Agriculture

100.000.00

Section 8b - For cost of operating Eugene Talmadge

Memorial Hospital

$17,100,000.00 3,000,000.00

I960 Amendment to General Appropriation Act of 1956 Section 1-2 - For educational purposes For capital outlay purposes For operating costs Eugene Talmadge Memorial Hospital For conducting research by the College of Agriculture on the marketing of farm products

$ 2, 000, 000.00 1, 000, 000.00 500,000.00
50.000.00 3.550.000. 00

State Appropriation Provided by Appropriation Act

$23,650,000.00

State Appropriation Provided by Budget Bureau: For General Operations For Junior College Operations For Industrial Development

$ 6,539,000.00 736,000.00 50,000.00

7.325.000. 00

Total State Appropriation

$30,975,000.00

Less: Capital Outlay Funds Not Approved by Budget Bureau

773,333.05

Total State Appropriation Received

$30,201,666.95

Interest Earned on Temporary Investments

71,413.11

TOTAL RECEIPTS

$30.273.080.06

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

$26,398,500.00 3,404,625.44 355,000.00

TOTAL DISBURSEMENTS

$30.158.125.44

44

REGENTS ALLOTMENT ACCOUNT
STATEMENT OF ALLOCATIONS BY* BOARD OF REGENTS For Year Ended June 30, 1961

Educational & General Onerations

Plant Additions & Improvements

Other

Total

Purposes__ Allocations

Senior Units (White)

University of Georgia

$ 5,108,000.00 $ 128,000.00 $ 8,000.00 $ 5,244,000.00

Agricultural Extension Service

1,662,000.00

1,662,000.00

Agricultural Experiment Stations 1,898,000.00

8,500.00

1,906,500.00

Continuing Education Center

293,000.00

293,000.00

Georgia Institute of Technology

3,567,000.00

127,000.00

3,694,000.00

Southern Technical Institute

334.000.

00

334.000.

00

Engineering Experiment Station

660.000.

00

660.000.

00

Engineering Extension Division

20,000.00

20,000.00

Georgia State College of Bus. Adm.

1,889,000.00

4,500.00

1,893,500.00

Medical College of Georgia

1.215.000.

00 7,500.00

1,222,500.00

Eugene Talmadge Memorial Hospital 3.500.000.

00

3,500,000.00

West Georgia College

327,000.00

12,000.00

339,000.00

North Georgia College

463,000.00

23,000.00

486,000.00

Georgia State College for Women

663,000.00

25,000.00

688,000.00

Georgia Southern College

631,000.00

19,000.00

650,000.00

Valdosta State College

355,000.00

20,000.00

375,000.00

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

198.000. 307.000. 207.000. 211.000. 204.000. 323.000. 262,500.00

00 7,900.00 00 0011,400.00 00 0067,150.00 00
12,000.00

205,900.00 307,000.00 218,400.00 211,000.00 271,150.00 323,000.00 274,500.00

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

443,000.00 693,000.00 725,000.00

22,500.00 37,000.00 28,500.00

465,500.00 730,000.00 753,500.00

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

200,000 .DO 40,000.00

2,843,675.44

275,000.00 72,000.00

200,000.00 40.000. 00
2,843,675.44 275,000.00 72.000. 00

TOTAL ALLOCATIONS

S26.398.500.00 $3.404.625.44 $355.000.00 $30.158.125.44

45

GENERAL ACTIVITIES
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Balance Julv 1. 1960

Receipts

Balance Disbursements June 30. 1961

CURRENT FUNDS

Regents Allotment Account

$1,331,884.55

Regents Central Office

28,978.63

State Soil Conservation Committee

23,285.06

Graduate Scholarships for Negroes

21,533.01

Southern Regional Education Board

TOTAL CURRENT FUNDS

$1.405.681.25

$30,273,080.06 $30,158,125.44

200,015.00

198,043.76

40.000. 00

39,719.71

275,000.00

267,003.88

72.000. 00

72,000.00

$30.860.095.06 $30.734,892.79

$1,446,839.17 30,949.87 23,565.35 29,529.13
$1,530.883.52

PLANT FUNDS

Building Authority Rentals Dormitory Rentals

$ 228,780.10

Insurance and Hazard Reserve Fund 1,185,062.42

Architectural Fees TOTAL PLANT FUNDS

391.892.28 $1,805.734.80

$ 2,843,675.44 7,297.14
695,293.00
$ 3.546.265.58

$ 2,843,675.44
120,612.62 167.062.42 $ 3.131.350.48

$ 236,077.24
1,759,742.80 224,829.86
$2,220.649.90

STUDENT LOAN FUNDS W. H. Black Fund

$ 10.511.01 $

1.305.16 $

210.00 $ 11.606.17

OTHER FUNDS Institutional Transfers
TOTALS

$

250.00 $

$

$

250.00

$3.222.177.06 $34.407.665.80 $33.866.453.27 $3.763.389.59

BANK BALANCES - DEMAND DEPOSITS Citizens and Southern National Bank, Atlanta First National Bank, Atlanta Fulton National Bank, Atlanta Trust Company of Georgia, Atlanta TOTAL BANK BALANCES - DEMAND DEPOSITS

BANK BALANCES - TIME DEPOSITS

Citizens and Southern National Bank - 3%, due 11-15-61

First National Bank

- 3%, due 7-11-61

3%, due 8-23-61

3%, due 12-29-61

Fulton National BanK

- 3%, due 8-23-61

Roswell Bank, Roswell

- 3%, due 12-13-61

TOTAL BANK BALANCES - TIME DEPOSITS

$ 80,779.73 104,742.80 108,337.93 29.529.13 $ 323,389.59
$ 100,000.00 200,000.00 250,000.00 250,000.00 200,000.00 50,000.00 1,050,000.00

TEMPORARY INVESTMENTS

U. S. Treasury 3 1/8% C. of I's, due 8-1-61

$

U. S. Treasury 3 1/4% Notes, due 2-15-62

U. S. Treasury 4% Notes, due 2-15-62

U. S. Treasury 3% C. of I's, due 5-15-62

U. S. Treasury 2 5/8% Notes, due 2-15-63

U. S. Treasury 4 5/8% Notes, due 5-15-65

Georgia Institute of Technology 2 1/4% Revenue Bonds, due 5-1-64

TOTAL TEMPORARY INVESTMENTS

375,000.00
205.000.
200.000.
750.000.
550.000.
300.000.
10.000.00

00 00 00 00 00
2.390.000.00

TOTAL BALANCES, JUNE 30, 1961

$3.763.389.59

46

University of Georgia FINANCIAL REPORT
For the Year Ended June 30, 1961

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

J. D. Bolton
Comptroller

UNIVERSITY OF GEORGIA Athens, Georgia

Office of the Comptroller

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

Dear President Aderhold:

I am submitting herewith my annual report as Comptroller and Treasurer of the University Of Georgia for the fiscal year ending June 30, 1961, which consists of the following exhibits and schedules:

PART I Cons olidated

Consolidated Balance Sheet ............................

Exhibit

A

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

Exhibit

B

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

Exhibit

C

PART II University at Athens

Balance Sheet.......................................... Statement of Current Income.................. ......... Statement of Current Expenditures.....................

Schedule

A

Schedule

B

Schedule

C

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

Schedule

D

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

Schedule

E

Schedule

E-l

Schedule

E-2

Detail of Endowment Funds, Bonds....................... Detail of Endowment Funds, Common Stocks..............

Schedule E-2-1 Schedule E-2-2

Detail of Loan Funds, Bonds............................

Schedule E-2-3

Detail of Loan Funds, Common Stocks................ .

Schedule E-2-4

Statement of Receipts and Disbursements, Trust Funds...

,Schedule E-3

Statement of Changes in Cash Balances.................

.Schedule

F

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

,Schedule

G

.Schedule

H

Statement of Operations of Plant Funds................ Summary of Investment in Plant......................... Statement of Investment in Plant...........

.Schedule H-l .Schedule H-2 .Schedule H-3

48

President 0. C. Aderhold

PART III Agricultural Extension Service

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

I

1 1 ^^#

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

J

Statement of Current Expenses.......

.Schedule

K

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

L

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

ScheduleM

Statement of Changes in Cash Balances...........................

Sch

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

Schedule0

Statement of Operations of Unexpended Plant Funds.................................. Schedule 0-1

Summary of Investment in Plant......................................................Schedule 0-2

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

Sch

PART IV Experiment Stations - General

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

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

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

Statement of Changes in Cash Balances.............................

Schedule

R

PART V Branch Experiment Station

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

ScheduleS

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

T

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

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

V

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

W

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

ScheduleW-l

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

Sc

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

ScheduleW-3

49

President 0. C. Aderhold
PART VI College Experiment Station Balance Sheet........................................ ......*...... Statement o f Current Income........... ............... ............ Statement of Current Expenses.................................... . Statement of Operations of Restricted Funds............. . Statement of Changes in Cash Balances.......................... Statement of Unexpended Plant Funds................... ........... Statement of Operation of Unexpended Plant Funds................ . Summary of Investment in Plant................................... . Statement of Investment in Plant................................. .
PART VII Georgia Experiment Station
Experiment, Georgia Balance Sheet..................................................... Statement of Current Income...................................... Statement of Current Expenses.................................... Statement of Operations of Restricted Funds...................... Statement of Agency Funds.............................. .......... Statement of Changes in Cash Balances.......... ......... ........ Statement of Unexpended Plant Funds.............................. Statement of Operation of Unexpended Plant Funds................ Summary of Investment in Plant.............. .................... Statement of Investment in Plant........................... ......
PART VIII Georgia Coastal Plain Experiment Station
Tifton, Georgia Balance Sheet........................................ ............ Statement of Current Income...................................... Statement of Current Expenses.................................... Statement of Operation of Restricted Funds.......................
50

.Schedule

X

,Schedule

Y

Schedule

Z

.Schedule

AA

.Schedule

BB

.Schedule

CC

.Schedule

DD

,Schedule DD-1

.Schedule DD-2

.Schedule

EE

.Schedule

FF

.Schedule

GG

.Schedule

HH

.Schedule

II

.Schedule

JJ

.Schedule

KK

.Schedule KK-1

,Schedule KK-2

.Schedule KK-3

.Schedule

LL

.Schedule

MM

.Schedule

NN

.Schedule

00

i1
p Vs Af
>1 i9
*k
Ai
A Jk. A> 14
A4 >1 >M
|8
* 11
i
> li
>*1
v3
A, ..8
111
&< A. 4c
I1
J ypl
t\ |
|m

President 0. C. Aderhold

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

PP

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

QQ

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

RR

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

Schedule RR-1

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

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

Respectfully Submitted,

Dated at Athens, Georgia

J. D. Bolton Comptroller

51

UNIVERSITY OF GEORGIA COMMENTS

This report is assembled on a basis of receipts and disbursements, with the exception of the Balance Sheet, which reflects all known assets and liabilities, including both accounts receivable and accounts payable.
The report embraces all units of the University of Georgia, including the University of Georgia, Athens, Georgia; Continuing Education, Athens, Georgia; Agricultural Extension Service, Athens, Georgia; Experiment Stations - General, Athens, Georgia; Branch Experiment Stations, Athens, Georgia; College Experiment Station, Athens, Georgia; Georgia Agricultural Experiment Station, Experiment, Georgia; and the Georgia Coastal Plain Experiment Station, Tifton, Georgia.
A separate accounting is maintained for each unit, and therefore, the report is arranged in eight parts, as follows:

Part I

Consolidated - All Units

Part II

University of Georgia - Including Continuing Education

Part III - Agricultural Extension Service

Part IV

Experiment Stations - General

Part V

Branch Experiment Station

Part VI

College Experiment Station

Part VII - Georgia Agricultural Experiment Station

Part VIII - Georgia Coastal Plain Experiment Station

52

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f!

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

1959 - 60

Amount

Percent

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

$ 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

1960 - 61

Amount

Percent

$ 2,213,444. 8,961,000. 3,199,673. 1,351,973. 129,351. 2,246,762. 1,402,485. 46,593. 56,117.

11.29 45.70 16.32
6.89 .66
11.46 7.15 .24 .29

Totals

$18.046.538.

100.00

$19.607.398.

100.00

EXPENSES The following is a statement of Educational and General Expenditures by function

and the percentage of each to the total.

1959 - 60

Amount

Percent

1960 - 61

Amount

Percent

Administrative & General Student Welfare Physical Plant Libraries Instruction-Resident Research Services Related Extension & Public Service

$ 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

$ 848,402. 295,401.
1,287,584. 487,061.
4,781,493. 4,641,242.
416,780 6,378,332.

4.43 1.54 6.73 2.55 24.99 24.25 2.18 33.33

Totals

$17.496.791.

100.00

$19.136.295.

100.00

UNIVERSITY OF GEORGIA

INCOME

The following table reflects Educational and General Income and percentages of

income to the total for a two year period.

Source of Income
Student Fees State Allocation Federal Other Public Allocations Endowment Gifts & Grants Sales 6c Services Other Contract Overhead

1959 - 60

Amount

Percent

$ 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

1959 - 60

Amount

Percent

$ 1,693,062. 5,108,000. 72,124. 80,426. 119,251. 1,759,192. 130,705. 27,296. 56,117.

18.72 56.47
.80 .88 1.32 19.45 1.44 .30 .62

Totals

$ 8.138.769.

100.00

$ 9.046.173;.

100.00

EXPENSES The following table presents a comparison of expenditures for Educational and
General purposes for four years.

Function
Administrative 6c General Student Welfare Plant Operations Library Instruction Research Extension 6e Public Service

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.
3,473,677. 566,948. 327,857.

1959 - 60 1960 - 61

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

$ 505,573. 295,401.
1,074,447. 456,641.
4,631,659. 1,237,851.
475,673.

Sub-totals Outlay
Totals

$5,582,649. 197,494.
$5,780,143.

$6,174,677.
Included Above
$6,174,677.

$7,394,372. $8,677,245.

Included Above

Included Above

$7,394,372. $8,677,245.

54

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 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

Percent 1960-61
5.83 3.40 12.38 5.26 53.38 14.27 5.48

Totals

100.00

100.00

100.00

100.00

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

These figures include persons employed on a twelve months basis, capital outlay and all

other Instructional Cost, except the nine month people who teach in the summer and other

Summer quarter cost. The figures for the College of Educatinn include Vocational

Agricultural Teacher Training, Vocational Home Economic Teacher Training, Demonstration

School and Physical Education.

The cost of the Dean of Faculties Office is prorated to all schools and colleges

School or College

1957-58

1. Agriculture 2. Arts & Sciences 3. Business Administration 4. Education 5. Forestry 6. Graduate 7. Home Economics 8. Journalism 9. Law 10 . Military 11 . Pharmacy 12 . Veterinary Medicine (Net)

$ 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.

1958-59
$ 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.

1959-60

1960-61

$ 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.

$ 381,240. 1,884,013. 282,820. 603,799. 106,696. 128,690. 150,224. 76,369. 99,517. 9,888. 140,091. 354,015.

Totals

$2,898,293.

$3,137,737.

$3,777,042. $4,217,362.

55

UNIVERSITY OF GEORGIA

The quarter hours taught by each school and college are shown in the following

table. 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 & Sciences 3. Business Administration 4. Education 5. Forestry 6. Home Economics 7. Journalism 8. Law 9. Military 10. Pharmacy 11. Veterinary Medicine

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

1960-61
16,206 181,735
51,804 37,527
8,172 6,958 6,554 6,164 8,416 7,639 12,372

Totals

276.434

304.827

320.880

343.547

The following table is a comparison of: Instructional Cost per student quart

hour, by schools and colleges for a four year period.

School or College

1957-58

1958-59

1959-60

1960-61

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

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

$18.16 8.26 5.65
13.75 10.59 14.01
8.85 15.24
1.19! * 16.11 20.53

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

$23.53 10.37 5.46 16.09 13.06 21.34 11.52 15.96 1.16 18.13 28.29

Total Average

$10.48

$10.29

$11.77

$12.28

56

UNIVERSITY OF GEORGIA

INCOME

AUXILIARY ENTERPRISES

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

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

1957-58
$ 491,116. 513,439. 608,777. 119,806. 18,234.

1958-59
$ 648,303. 579,283. 660,142. 130,981. 18,421.

1959-60

1960-61

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

$ 714,519 667,460 632,147 174,071 27,872 138,924

Totals EXPENSES
for the past four years.
Dormitories Salaries & Wages Op. Supplies & Exp. Capital Outlay

$1,751,372.

$2,037,130.

$2 .224.529. $2,354,993.

gives a comparison of expenses for Auxiliary Enterprises

1957-58

1958-59

1959-60

1960-61

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

$ 128,388. 202,680.
15,507.

$ 140,881. $ 149,885.

179,157.

179,094.

10,858.

24,935.

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

? 335,367.

$ 346,575.

$ 330,896. $ 353,914.

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

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

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

$ 128,495. 416,927. 8,827.

Total Dining Halls

L 465.872.

General Dorms & Dining Halls Salaries & Wages Operating Expense Rent to Trust Funds

$ 32,670. 791.
81,375. uth . 61,155. h.HHFA

? 479.936.
$ 37,684. 763.
157,399. 15,768.

$ 514.906. $ 554,249.

$ 40,454. 952.
191,374. 100,759.
65,000.

$ 44,302. 925.
220,705. 109^919.

Total General

1 - 175.991. $ 977.230.

211.614. $1,038,125.

398.539. $ 375,851. $1,244,341. $1,284,014.

57

EXPENSES (Continued)
Printing Department Salaries & Wages Operating Expenses Capital Outlay

UNIVERSITY OF GEORGIA AUXILIARY ENTERPRISES

1957-58
$ 53,462. 50,359. 9,846.

1958-59
$ 64,464. 55,882. 5,431.

1959-60

1960-61

$ 76,643. $ 83,713

57,608.

66,708

3,208.

1,947

Total Printing Department
University Stores Salaries & Wages Purchases & Op. Exp. Capital Outlay

? 113.667.
$ 59,002. 544,589. 1,979.

$ 125.777.
$ 64,794. 547,263. 3,666.

$ 137,459. $ 152.368.

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

$ 85,350 537,083. 3,418.

Total University Stores
Student Center Salaries & Wages Operating Exp. Capital Outlay

$ 605.570.

$ 615,723.

$ 636,361 $ 625,851.

$ 8,188. 4,245. 402.

$ 8,542. 4,385. 3,095.

$ 10,721. $ 10,964.

7,308.

9,623.

3,835.

3,864.

Total Student Center
Student Health Salaries & Wages Operating Expense Capital Outlay

12.835.

$ 16,022.

$ 21,864. $ 24.451.

$ (61,030.) (23,525.) ( 878.)

$ (67,689.) (22,404.) ( 1,659.)

$ 73,519. $ 78,413.

27,358.

38,631.

1,626.

2,635.

Total Student Health

I (85,433.)

Total Auxiliary Enterprises $1,709,302.

$ (91,752.) $1,795,647.

? 102,503. $ 119,679. $2 .142.528. $2,206,363.

58

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
Student Fees State Allocation Gifts & Grants Foods & Rooms Other

1959-60

Amount

Percent

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

33.58 20.50
6.65 39.25
.02

1960-61

Amount

Percent

$ 520,381. $ 293,000.
22,910. 518,577.
38.

38.41 21.63
1.69 38.27

Total Income

$1,307,027.

100.00

$1,354,906.

100.00

EXPENSES
Administration & General Plant Operations Instruction Extension & Public Service

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

7.74 2.20 16.77 73.29

$ 100,410. 58,303.
198,264. 967,406.

7.58 4.40 14.97 73.05

Total Expense

$1,157,386.

100.00

$1..324.383.

100.00

59

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

The following is a summary of income and percentages of income to the totals

for three years:

Source

1958'-59

1959 -60

1960 -61

Amount

Percent Amount

Percent Amount

Percent

State of Georgia $1,371,000.

Clarke County

5,970.

County Cooperation 1,115,898.

Federal Grants

2,073,327.

Gifts & Grants

47,252.

Other

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

$1,669,000. 5,970.
1,218,577. 2,189,802.
42,544. 348,220.

30.49 .11
22.26 40.00
.78 6.36

Totals

$4,867,949. 100.00 $5,090,210. 100.00 $5,474,113. 100.00

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

and percentages :

Object

1958 -59

1959-150

1960 -61

Amount

Percent Amount

Percent Amount

Percent

Salaries & Wages $4,024,238.

Trave1

455,116.

Op.Supplies & Exp.

348,720.

Equipment

18,492.

83.03 9.39 7.20 .38

$4,108,785. 545,805. 373,784. 23,844.

81.33 10.80
7.40 .47

$4,356,735. 511,838. 449,034. 41,830.

81.29 9.55 8.38 .78

Totals

$4.846.566. 100.00 $5.052.218. 100.00 $5.359.437. 100.00

The following is a statement by projects of all expenditures disbursed by both

the Agricultural Extension Service and the various counties. This statement also indi

cates the amount of Federal Funds Used, State and County Funds Used for Offset and Funds

Not Used for Offset.

No. Project

Funds Not Used

Total

Federal Funds Offset Funds

As Offset Expenditures

1. Administration

$ 50,700.00

la.Faculty 6c Staff Benefits

2. Information 3. County Extension Work

38,926.40 1,683,085.51

4. Home Economics 5. Agriculture

69,798.29 149,242.67

5a.Economics 6e Marketing 5b.Consumer Education 5c.Egg Marketing 5d.Dairy Marketing 5f.Cotton Ginning 6c Marketing

9,669.12 5,601.81 5,761.27 5,191.99

5h.Forestry Marketing

8,872.44

5i.Marketing Info. 6e Statistics 5k.Seed Marketing

4,717.64 4,984.92

5L.Entomology Survey

5m.Cotton Mkt. Educ. Service 6. 4-H Club Work

113.245.29

S2J49.797.35

$ 47,036.73 $ 2,852.00 $ 100,588.73

58,653.55

58,653.55

107,191.09

1,354.17

147,471.66

939,572.19 1,272,952.05 3,895,609.75

25,177.14

4,496.00

99,471.43

321,263.56

22,240.25

492,746.48

14,779.29

14,779.29

10,672.80 6,297.18

500.00

20,341.92 12,398.99

6,366.38 5,265.20

12,127.65 10,457.19

10,405.34 5,428.49 6,492.08

19,277.78 10,146.13 11,477.00

43,283.53^

9,592.27 11,059.14 276 r709.61m

9,592.27 11,059.14 433,238.43

$1.534.451.7 V $1.675.188.33 ^5.359.437.39

(1) Of this amount $36,924.41 was distributed by various counties.
(2) Of this amount $1,181,652.60 was distributed by various counties.
60

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE (Cont'd)

The following schedule indicates the Funds To Be Offset and the manner in

which they are offset:
Funds To Be Offset & Not To Be Offset Federal Funds
Smith-Lever & Bankhead Jones Research & Marketing Special Needs Rural Development
Total Federal Funds
Offset and Non-Offset Funds State, County & Non-Public Funds
State County (Distributed by Counties) Non-Publie-Ga.Crop Imp.Assn.
Total State,County & Non Pub.

Total

To Be Offset

Not to be Offset

$2,040,072.00 44.799.19 17.973.19 46.952.97

$1,471,679.33 44.799.19 17.973.19

$568,392.67 46,952.97

$2,149,797.35 $1,534,451.71

Total

Offset Funds

$615,345.64
NonOffset Funds

$ ls.$

$1,491,035.22 $ 36,924.41 6.492.08
$1,534,451.71 $

The following is a summary of expenditures by objects:

Objec:t

Disbributed By Distributed by

University

Counties

Total

Personal Service Travel Transportation of Things Communication Service HeatLight & Power Office Rent Printing Repairs to Equipment,etc. Insurance Supplies & Materials Equipment Retirement Contributions

$3,511,207.29 213,297.39 2,977.40 18,626.14 34,383.60
46,707.36 12,495.61 65,961.24 194,053.70 34,526.86
6,623.79

$ 838,904.25 298,540.56
19,503.36 910.52
9,653.51
43,761.63 7,303.18

$4,350,111.54 511,837.95 2,977.40 38,129.50 35,294.12 9,653.51 46,707.36 12,495.61 65,961.24 237,815.33 41,830.04 6,623.79

Percent
81.17 9.55 .06 .71 .66 .18 .87 .23 1.23 4.44 .78 .12

Totals

$4,140,860.38 $1,218,577.01 $5,359,437.39 100.00

61

--

EXHIBIT A

UNIVERSITY OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1961

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & In Banks Cash in Transit 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
II. AGENCY FUNDS Cash on Hand & In Banks Temporary Investments Accounts Receivable TOTAL AGENCY FUNDS
III.ENDOWMENT FUNDS Cash on Hand & In Banks Investments TOTAL ENDOWMENT FUNDS
IV. LOAN FUNDS Gash on Hand & In Banks Investments TOTAL LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Cash on Hand & In Banks Temporary Investments Accounts Receivable TOTAL UNEXPENDED

$ 405,223.92 48,281.00
1,210,000.00 $ 34,578.83
35,483.91

$ 1,663,504.92 70,062.74

$ 1,733,567.66

$ 226,234.80 1,070,000.00

$ 1,296,354.80 86,060.95

1,382,415 .75

$

3,148.54

510,000.00 $ 513,148.54

234,110.49

2,459.90

749.718.93

$ 3,865,702.34

$ 117,455.12 580,000.00

$ 697,455.12 696.21

698,151.33

$ 101,485.81 2,829,609.28

2,931,095.09

$ 115,576.54 1.535.897.28

1,651,473.82

$ 68,903.13 1,764,414.28 165.240.71

$ 1,998,558.12

B. EXPENDED Land Buildings Improvement other than Bldgs. Equipment TOTAL EXPENDED

$ 2,752,036.17 40,049,577.12 1,567,731.50 10.824.614.26

TOTAL PLANT FUNDS

TOTAL ASSETS

64

55.193.959.05

57.192.517.17 $66.338.939.75

UNIVERSITY OF GEORGIA

EXHIBIT A

CONSOLIDATED BALANCE SHEET June 30, 1961

LIABILITIES

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

$

1,683.00

143,368.26

59,075.00

234,956.32

314.532.03

$ 753,614.61 979.953.05

$ 1,733,567.66

B. RESTRICTED

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

$

8,739.85

69,278.20

461.019.46

$ 539,037.51 210.681.42

1,382,415.75
749,718.93 3,865,702.34

Fund Balances

III.ENDOWMENT FUNDS Fun Fund Balances Reserves TOTAL ENDOWMENT FUNDS

IV. LOAN FUNDS Fund Balances Reserves TOTAL LOAN FUNDS

V. PLANT FUNDS

A. UNEXPENDED

Contracts Negotiated

$ 1,685,594.85

Purchase Orders Outststanding

206,467.06

Fund Balances

____ 106,496.21

TOTAL UNEXPENDED

B. EXPENDED

Due to Other Funds

$ 904,314.41

Equity of Univ.System Bldg.Auth.10,130,732.08

Investment in Plant

^44,158,912.56

TOTAL EXPENDED

TOTAL PLANT FUNDS Total Liabilities & Surplus
65

$ 2,879,316.76 51,778.33
$ 1,616,929.91 34,543.91
$ 1,998,558.12
55,193,959.05

698,151.33 2,931,095.09 1,651,473.82
57,192,517.17 $66.338.939.75

EXHIBIT B

UNIVERSITY OF GEORGIA
CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL Student Fees Public Appropriation State-Regular & Vocational Federal Other (Counties-Ag.Ext.) Endowment , Gifts & Grants Sales & Services Other Contract Overhead

$8,961,000.00 3,199,672.75 1.351,972.79

TOTAL EDUCATIONAL & GENERAL
i B, AUXILIARY 1 Dormitories
Dining Halls Other

TOTAL AUXILIARY

c: STUDENT AID

1

Gifts & Grants

1 Endowment

TOTAL STUDENT AID

TOTAL CURRENT INCOME

D. PLANT FUNDS Sale of Property Gifts 6c Grants State of Georgia-Allocation Interest on Temporary Investments Other

TOTAL PLANT FUNDS

TOTAL INCOME T.V. Deposits Dormitory Deposits Fee Deposits Unearned Income

TOTAL RECEIPTS

$ 2,213,443.68

13,512,645.54 127,951.03
2,248,161.92 1,402,485.20
46,593.45 56,117.16
$19,607,397.98

$ 967,620.12 909,422.99 980,526.31

2,857,569.42

$ 145,121.60 20,006.05
165,127.65
$22,630,095.05

$

8,463.25

130,203.05

136,500.00

189,059.01

20,112.54

484,337.85

$23,114,432.90

$

4,800.00

14,035.00

5,600.00

31,345.05

55,780.05

$23.170.212.95

66

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UNIVERSITY OF GEORGIA

EXHIBIT C

CONSOLIDATED STATEMENT OF CURRENT EXPENSES For Year Ended June 30, 1961

Salaries &

A. EDUCATIONAL & GENERAL Administrative & General Student Welfare Physical Plant Libraries Instruction Research Services Related Extension & Pub. Serv.

$ 687,737.31 248,042.32 521,902.84 276,004.39
4,287,037.67 3,254,043.19
167,043.09 5,101,387.71

Op.Supplles & Expense
$ 150,933.11 38,186.32
723,778.38 19,672,73
278,277.96 981,232.22 245,207.60 1,213,130.16

Capital Outlay
$ 9,731.41 9,171.90
41,903.11 191,383.46 216,177.86 405,966.63
4,529.31 63,813.90

Total
$ 848,401.83 295,400.54
1,287,584.33 487,060.58
4,781,493.49 4,641,242.04
416,780.00 6,378,331.77

TOTAL EDUC. & GENERAL $14,543,198.52

B. AUXILIARY Dorm & Dining Halls Other

$ 501,207.62 263,239.83

$3,650,418.48 $ 942,677.58 _$19.136,294.58

$ 815,327.38 670,972.67

$ 37,312.37 11,864.76

$ 1,353,847.37 946,077.26

TOTAL AUXILIARY
C. STUDENT AID Scholarships Awards

$ 764,447.45

$1,486,300.05 $ 49,177.13 $ 2,299,924.63

$ 156,124.45

$

$

$ 156,124.45

2,459.18

2,459.18

TOTAL STUDENT AID
D. PLANT FUNDS Additions Debt Service

$ 158,583.63 $

$

$ 158,583.63

$

$ 121,628.44 $1, 197,152.08 $ 1,318,780.52

373,008.15

373,008.15

TOTAL PLANT FUNDS

i_______________ $ 494,636.59

TOTAL EXPENSE Scientific Stock Room Transfers Air Travel Re funds-Prior Years

$15,466,229.60

$5,631,355.12

TOTAL DISBURSEMENTS

$

$

$1, 197,152.08 $2, 189^006.79
$

$ 1,691,788.67
$23,286,591.51 19,447.11 25,198.81 178.00 65,629.88
$23.397.045.31

67

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
69

UNIVERSITY OF GEORGIA

Schedule A

BALANCE SHEET June 30, 1961

ASSETS

1 : CURRENT FUNDS

Ai GENERAL

Cash on Hand & In Banks

Temporary Investments

Accounts Receivable

Students

Vocational Funds

Eastern Air Lines

Clarke County

$ 1.940.00

Less Res.for Doubt.Asset: 1.940.00

Ga.Securities Co.

$53,527.47

Less Res.for Doubt^Asset 53,527.47

Inventories-Scientific Sotreroom

TOTAL GENERAL FUNDS

27,438.96 870,000.00
1,378.50 28,286.45
517.40

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

C. AUXILIARY Cash on Hand & In Banks Temporary Investments Inventories Accounts Receivable

$ 897,438.96
30,182.35 19,447.11
3,321.09 970,000.00
64,140.63
3,148.54 510,000.00 234,110.49
2,459.90

$ 947,068.42 1,037,461.72

TOTAL AUXILIARY FUNDS
D, CONTINUING EDUCATION
Cash on Hand & In Banks
Temporary Investments
Cash in Transit
Inventories Accounts Receivable Air Travel Deposit
TOTAL CONTINUING EDUC. FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand & In Banks Temporary Investments Accounts Receivable TOTAL AGENCY FUNDS

105,767.84 230,000.00
48,281.00
9,930.38 580,000.00

749,718.93

384,048.84 15,131.72 2,779.50 425.00

402,385.06

$ 3,136,514.13

589,930.38 696.21

$ 590,626.59

70

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UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1961

LIABILITIES

I. CURRENT FUNDS A. GENERAL Fee Deposits Purchase Orders Outstanding Unearned Income Reserve for Work in Process Reserve for Insurance, Etc. Accounts Payable Surplus

$ 59,075.00 135,180.06 169,602.82 51,303.00 12,432.57
_______ 1 , 3 8 3 .0 0 $ 4 2 8 , 9 7 6 .4 5 518,091.97

TOTAL GENERAL FUNDS
B. RESTRICTED
Fund Balances
C. AUXILIARY Purchase Orders Outstanding Reserve for Inventories Reserve for Dormitory Deposits Reserve for Repairs & Replacement 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
II.AGENCY FUNDS
Fund Balances

947,068,42 f

1,037>461.72

$

8,739.85

234,110.49

157,810.00

6 9 ,098*.97

69,278120

210 ,6 8 1 ,42v

s
749,718.93

\

$

3,674.19

15,131.72

6 5 ,353?.50

1 4 0 , 9 3 5 f 20

177,290.45

402,385.0,6

t . $ 3,136,634.13

590,626.59

71

UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1961

ASSETS (Continued)

III.ENDOWMENT FUNDS

Cash on Hand & In Banks

Investments

Athens Federal Sav. & Loan Ass'n

$

U. S. Securities

Univ. Sys. Bldg.Auth.Bonds

State Sch.Bldg.Auth.Bonds

Other Bonds

Preferred & Common Stock

Real Estate

Loans to Fraternities

Univ. of Ga.Bldg.

Loss on sale of Bonds to be Amortized

TOTAL INVESTMENTS

4,411.62 494,890.00 859,811.50 536,000.00 100,000.00
63,257.84 3,500.00 7,400.00
760,280.20 58.12

$ 101,485.81 2,829,609.28

TOTAL ENDOWMENT FUNDS

$ 2,931,095.09

STUDENT LOAN FUND & MISC. FUNDS Cash on Hand & In Banks Investments
Athens Fed.Sav. & Loan Ass'n U. S. Securities State School Bldg.Auth.Bonds Univ. Sys. Bldg.Auth.Bonds Common Stock Loans to Fraternities Loan-Catholic Student Center Univ. of Ga. Building H. H. Hinton Property North Georgia College-Loan Notes Receivable-Students
TOTAL INVESTMENTS

$

3,314.16

110,610.00

94,000.00

93,861.00

1.00

8,617.54

8,851.53

137,232.24

6,801.97

25,837.66

1,046,770.18

$ 115,576.54 1,535,897.28

TOTAL STUDENT LOAN & MISC. FUNDS

1,651,473.82

PLANT FUNDS A. UNEXPENDED
Cash in Banks Temp. Investments Cash in Univ.System Bldg.Auth. Temporary Investments Bldg.Auth. Accts. Rec. Fraternities Accts. Rec. Trust Funds
TOTAL UNEXPENDED

$ 11,625.99 1,300,000.00
$ 20,110.03 444,414.28
$ 15,846.71 149,394.00

$ 1,311,625.99
464,524.31
165,240.71 $ 1,941,391.01

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

$ 767,723.97 34,382,863.74 1,355,498.56
7,759,244.86

44,265,331.13

$54.516.551.77

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UNIVERSITY OF GEORGIA

Schedule A (Continued)

BALANCE SHEET June 30, 1961

LIABILITIES (Continued)

III.Endowment Funds Fund Balances Reserve for Purposes of Trust

$ 2,879,316.76 51,778.33

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

$ 2,931,095.09
$ 1,616,929.91 34,543.91

TOTAL STUDENT LOAN FUNDS & MI SC. FUNDS
V. PLANT FUNDS A. UNEXPENDED Outstanding Purchase Orders Contracts Negotiated Fund Balances

1,651,473.82
$ 201,400.31 1,667,281.00 72,709.70

TOTAL UNEXPENDED
B. EXPENDED Due to Univ.of Ga. Trust Funds Equity of Univ. Sys. Bldg. Auth. Invested in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS TOTAL LIABILITIES & SURPLUS

$ 1,941,391.01

$ 904,314.41 9,645,924.88
33,715,091.84
73

44,265,331.13 46,206,722.14
$54,516,551.77

Schedule B

UNIVERSITY OF GEORGIA
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

EDUCATIONAL & GENERAL STUDENT FEES
Diploma Korean Veterans Matriculation Miscellaneous Music Fees Non-Resident Tuition Nursery School Summer Matriculation Summer Non-Resident Tuition Workshops Federal Ext. Fees

General Income

Restricted Income

Total

$

8,591.25 $

3,929.39

1,135,057.10

15,238.66

22,251.96

278,135.02

3,975.00

173,499.05

29,502.20

20,506.50

2,376.10

$

8,591.25

3,929.39

1,135,057.10

15,238.66

22,251.96

278,135.02

3,975.00

173,499.05

29,502.20

20,506.50

2,376.10

TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia
Dept, of Educ.-In Service Regular Operations Vocational Funds

$ 1,690,686.13 $ 2,376.10

1,693,062.23

$ 5,108,000.00

$ 2,450.41 77,975.37

$

2,450.41

5,108,000.00

77,975.37

TOTAL STATE

$ 5,108,000.00

United States Morrill Nelson Fund

TOTAL PUBLIC APPROPRIATIONS

$ 5.108.000.00

ENDOWMENT

Alumni Library

$

Franklin College

Franklin, Mary J.

Grace, Walter J.

Gilmer, George R.

Landscript

McKamy, David K.

Religion-on-Campus

W. H. Bocock

Smith, Jennie B.

Terrell, William

University of Georgia Foundation

J.H.R. Washington - Science

University of Georgia Foundation-Atlantic

Steel

Lumpkin Law School

Denmark

Alumni, Y.M.C.A.

$ 80,425.78

$ 72,124.28 $ 152,550.06

$

452.43

8,587.60

147.15

46.24

427.80

6,159.17

2,798.97

649.79

5.91

2,522.45

623.75

83,040.00

29.14

3,000.00 300.00
1,176.92 410.19

$ 5,188,425.78

$ 72,124.28 $ 5,260,550.06

$

452.43

8,587.60

147.15

46.24

427.80

6,159.17

2,798.97

649.79

5.91

2,522.45

623.75

83,040.00

29.14

3,000.00 300.00
1,176.92 410.19

74

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

EDUCATIONAL AND GENERAL (Cont'd) ENDOWMENT (Cont'd)
E. T. Comer Edmund Magers Wm. P. Lamar

General Income

Restricted Income

Total

$

$ 8,533.76

$

8,533.76

3.50

3.50

336.26

336.26

TOTAL ENDOWMENT

$

GIFTS & GRANTS

Public Grants

State of Georgia

Dept. Educ. Consultative Serv.

$

Dept. Health & Mental Health

Game & Fish Comm.-Deer

Game & Fish Comm.-Wildlife

Milk Control Bd.-Ag.Short Course

Voc.Rehab. Adult Counsel

Cerebral Palsy-Spec.Educ.

GARC -Exceptional Children

Health Dept. Child Care

TOTAL STATE OF GEORGIA

Other States

Alabama - Deer Disease

$

Arkansas - Deer Disease

Florida - Deer Disease

Kentucky - Deer Disease

Louisiana - Deer Disease

Mississippi - Deer Disease

South Carolina - Deer Disease

Southern Regional Council - Vet. Med.

Southern Regional Counci1-Ag.Ed. Rei.

Tennessee - Deer Disease

Virginia - Deer Disease

Maryland - Deer Disease

South Carolina - Ag.Ed.Rel.

Mississippi - Ag.Ed.Rel.

TOTAL OTHER STATES

$

United States

Army Ordnance - Math Tests

$

Atomic Energy-Sav. River for Res

AEC - Sears

NSF - Anderson

NSF - Bacteriology

NSF - Byrd

NSF - Brahana NSF - Clark

NSF - Geology

75

$ 119,251.03

$ 119,251.03

$ 9,000.00 5,580.38 2,181.82 6,000.00 2,000.00 6,249.68 2,198.00 300.00
10,027.00
$ 43,536.88

$

9,000.00

5,580.38

2,181.82

6,000.00

2,000.00

6,249.68

2,198.00

300.00

10,027.00

? 43,536.88

$ 2,181.82 2,181.82 2,181.82 2,181.82 2,181.82 2,181.82 2,181.82
176,250.00 3,000.00 2,181.82 2,181.82 5,818.18 1,067.70 3,000.00
$ 208,772.26

$

2,181.82

2,181.82

2,181.82

2,181.82

2,181.82

2,181.82

2,181.82

176,250.00

3,000.00

2,181.82

2,181.82

5,818.18

1,067.70

3,000.00

$ 208,772.26

$ 4,901.91

$

4,901.91

25,070.00

25,070.00

10,929.75

10,929.75

5,800.00

5,800.00

5,000.00

5,000.00

3,300.00

3,300.00

8,800.00

8,800.00

1,200.00

1,200.00

3,900.00

3,900.00

UNIVER3TY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued)

General Income

A. EDUCATIONAL & GENERAL (Cont'd)

GIFTS & GRANTS (Cont'd)

Public Grants (Cont'd)

United States (Cont'd)

RPCT Bacteriology

$

NSF Summer - Whitehead

NSF Migratory Birds

NSF Topology Students

NSF Topology Institute

NSF Marsh Grasses

NSF Utilization

NSF Uronic Acids

NSF Westfall 60-61

NSF Westfall Inst. 1961-62

NSF Under Graduate - Bacteriology

NSF Under Graduate - Entomology

NSF Under Graduate - Physics

NSF Under Graduate - Botany

NSF Under Graduate - Zoology

NSF Water Research

NSF Whitehead Students

NSF Amphibians

AEC Cormier

AEC James - Peacock

AEC Johnston

AEC Totter

ICA Cambodia

ICA Vietnam

NPS - Hartwell Dam

NPS Walter F. George

Restricted I n c o m e ________

$ 4,320.00 68,700.00 11,800.00 35,225.00 27,500.00 4,800.00 9,000.00 2,100.00
219,700.00 9,000.00 1,060.00 3,335.00
11,385.00 10,365.00
5,790.00 1,500.00 10,700.00 8,900.00 4,237.75 12,826.80 8,599.00 16,151.85 202,771.34 106,796.40 1,125.00 25,150.00

$ 4,320.00 68,700.00 11,800.00 35,225.00 27,500.00 4,800.00 9,000.00 2,100.00
219,700.00 9,000.00 1,060.00 3,335.00
11,385.00 10,365.00
5,790.00 1,500.00 10,700.00 8,900.00 4,237.75 12,826.80 8,599.00 16,151.85 202,771.34 106,796.40 1,125.00 25,150.00

76

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UNIVERSITY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued)

General

Restricted

Income________ Income_____________ Total

A, EDUCATIONAL AND GENERAL (Cont'd)

GIFTS & GRANTS (Cont'd)

United States (Cont'd)

NSF - Kornfeld

$

NSF - In Ser. Inst.

NSF - Howe

NSF - Jacobs

NSF - Michael

NSF - Hunter

NSF - Metabolism

NSF - Lamb

NSF - Plummer

NSF - McRorie - Teachers

NDEA Spring - King

NDEA Summer - King

NDEA Oliver

National Defense Fellow

USOE Bledsoe

USPH Blake

USPH Cleveland

USPH - Cosgrove

USPH - DeAngelis

USPH - Fellowships

USPH - Hinton

USPH - Kent

USPH - Kornfeld

USPH - McClung

USPH - McGhee - Malaria

USPH - Mental Retardation

USPH - Odum

USPH - Soc. Sec. Fam.

AF - Peacock

AF - Zimmer

AF - Biosciences

AF - Gases

AF - Bowers

Water Law Study

HEW Mental Retardation Fellowships Small Business Administration

$ 9,000.00 7,450.00 5,300.00
10,200.00 4,000.00 3,100.00 10,100.00 3,000.00 12,000.00 21,035.00 56,575.00 47,757.00 24,238.00 40,000.00 7,000.00 13,499.00 21,252.00 2,708.00 8,536.00
338.00 4,612.00 1,454.00 1,793.00 6,515.00 9,242.00
156.00 3,000.00 6,000.00 6,571.35 7,672.10
797.15 31,663.87 22,305.81
2,023.09 13,500.00 13,900.00

TOTAL UNITED STATES

$________________ $1,330,033.17

Counties & Cities

Atlanta Bd. Educ. - Emory,Ga.

$

Decatur Bd.Educ.-Emory,Ga.

Fulton Co. Bd.Educ.-Emory,Ga.

Westminister Sch.-Atlanta-Emory,Ga

Marietta Bd. Educ. - Emory,Ga.

TOTAL COUNTIES TOTAL PUBLIC GRANTS

!_ 1 _______

$ 3,000.00 400.00
2,000.00 1,036.41
400.00
$ 6,836.41
$1,589,178.72

$

9,000.00

7,450.00

5,300.00 10,200.00 4,000.00

3,100.00 10,100.00

3,000.00 12,000.00

21,035.00

56,575.00 47,757.00

24,238.00 40,000.00
7,000.00

13,499.00 21,252.00

2,708.00

8,536.00

338.00 4,612.00

1,454.00 1,793.00

6,515.00 9,242.00

156.00 3,000.00 6,000.00

6,571.35 7,672.10

797.15

31,663.87 22,305.81

2,023.09 13,500.00 13,900.00

$ 1,330,033.17

$

3.000. 00

400.00

2.000. 00

1,036.41

400.00

$

6.836.41

$1,589,178.72

77

UNIVERSITY OF GEORGIA

Schedule B (Continued)

STATEMENT OF CURRENT INCOME (Continued)

General

Restricted

Income___________ Income____________ Total

A. EDUCATIONAL AND GENERAL (Cont'd)

GIFTS & GRANTS (Cont'd)

Private Sources

AI REA

$

Allstate Found.-For Driver Educ.

A.S.L.O. - Sessions

Auburn Univ. - Ag. Educ. Relations

Canine Parasit.

Emory Univ. - Atlanta Area

Educ. Surveys

Emory Univ. -Emory, Ga.

Emory Univ. T.V. Lund

Ford Foundation - Press

Ford Found. Delinquency

Ga. Power Co. - Ag.Educ.Relation

Gen. Educ. Bd.-Art

Gen.Elec.Membership Corp.-Ag.Ed.Rel.

Inst.of Life Ins.-For Family Finance

Nat. Pest Control

Landscape Arch.Ext.

Massengil - LaRocca

Morris-Foundation-Williams

Nat. Vit. - Williams

Newspaper Fund

N.C. State College - Ag.Ed.Relation

Little, Ila Dunlap Estate

Petroleum Fd .-Lamb

Price - Waterhouse

Ralston Purina

Texas Co.

Univ. Alumni Assn.

Univ. of Tennessee-Ag.Edu.Re1.

Westinghouse - Fac.Supplement

Wormsloe Found.-Press

Virginia Assn. Elec.Coop.-Ag.Ed.Rel.

Squibb Hartman

Tourist Rec. Keeling

Pop.Counc.Williams

Southern Association of Sec.Schools

TOTAL PRIVATE SOURCES

$

TOTAL GIFTS & GRANTS

$

11,817.23

$ 1,000.00 2,600.00 225.00 256.00 18,095.00
2,896.65 2,742.78 11,713.00 2,500.00 2,500.00
250.00 21,909.74
250.00 22,237.50
3,030.00 250.00
1,150.00 6,600.00 9,500.00 3,430.50 3,000.00 7,500.00 5,820.00 1,000.00 1,800.00
250.00 349.90 3,000.00 5,000.00 877.39 250.00 6,555.00 2,877.91 6,480.00 300.00

11,817.23 11,817.23

$ 158,196.37 $1,747,375.09

$

1,000.00

2,600.00

225.00

256.00

18,095.00

11,817.23

2,896.65

2,742.78

11,713.00

2,500.00

2,500.00

250.00

21,909.74

250.00

22,237.50

3,030.00

250.00

1,150.00

6,600.00

9,500.00

3,430.50

3,000.00

7,500.00

5,820.00

1,000.00

1,800.00

250.00

349.90

3,000.00

5,000.00

877.39

250.00

6,555.00

2,877.91

6,480.00 300.00

$ 170,013.60 $ 1,759,192.32

78

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

A. EDUCATIONAL AND GENERAL (Cont'd) SALES & SERVICES Ag. Education Relations Bureau Business Research(Comer) Institute of Law & Govt. Library Literary Quarterly Research Shop Psychological Clinic Southeastern Resources Handbook University Press Veterinary Clinic Films, Business Admin. Other Sales

General

Restricted

Income___________ Income___________Total

$

$ 9,277.55

1,698.02

4,990.96

2,400.33

4,305.45

5,304.36

2,166.00

990.00

41,193.25

57,287.79

95.00

996.37

$

9,277.55

1,698.02

4,990.96

2,400.33

4,305.45

5,304.36

2,166.00

990.00

41,193.25

57,287.79

95.00

996.37

TOTAL SALES & SERVICES
OTHER SOURCES Ag. Extension Service General Experiment Station Mi sce1laneous Rents Rents (Marine Biology) Veterans Guidance

$ 118,739.51 $ 11,965.57

$ 130,705.08

$

8,500.00 $

4,300.00

1,868.36

775.00

11,647.94

204.50

$

8,500.00

4,300.00

1,868.36

775.00

204.50

11,647.94

TOTAL OTHER SOURCES

$ 27,091.30

TOTAL EDUC. & GENERAL INCOME

$ 6,956,334.17

Unearned Income (Net)

$

Fee Deposits (Net)

Transfers from:

Restricted Funds (Overhead)(Net)

Agency Funds

Restricted Funds College Sta.(OH)

Student Aid

General Funds

General Funds (Press)

Agency Funds (Overhead)

28,751.81 5,600.00
49,923.16 3,868.00 5,994.00 1,650.00
200.00

$

204.50

$2,033,722.35

1,600.00
225.00 2,880.00
304.10

$ 27,295.80
$ 8,990,056.52
28,751.81 5,600.00
49,923.16 5,468.00 5,994.00 1,875.00 2,880.00 304.10 200.00

TOTAL TRANSFERS TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$ 95,986.97 $ 7.052.321.14

$ 5,009.10 $2,038,731.45

$ 100,996.07 $ 9.091.052.59

79

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

Restricted Income

Total

B. CONTINUING EDUCATION STUDENT FEES Short Courses Extension Classes Albany Center Communications Gainesville Center Home Study Korean Veterans Marietta Center Rome Center Waycross Center Miscellaneous (Returned Checks)

$ 125,041.51 $ 119,876.00 29,791.00 82,272.07 15,197.00 56,000.71 2,504.00 41,387.75 14,966.00 33,957.50 (-)612.09

$ 125,041.51 119,876.00 29,791.00 82,272.07 15,197.00 56,000.71 2,504.00 41,387.75 14,966.00 33,957.50 (-)612.09

TOTAL STUDENT FEES
GIFTS State Dept. Education F.A.E. - Liberal Studies Outdoor Recreation - RR Co. USFH Teach Assts.
TOTAL GIFTS
AUXILIARY ENTERPRISES Food Gift Shop Rooms

$ 520,381.45 $

$ 520,381.45

$

$

746.79

$

746.79

7,916.00

7,916.00

11,500.00

11,500.00

2,746.91

2,746.91

$

$ 22,909.70

$ 22,909.70

$ 241,963.27 $ 23,512.86
253,100.43

$ 241,963.27 23,512.86
253,100.43

TOTAL AUXILIARY ENTERPRISES
PUBLIC APPROPRIATIONS State of Ga.-Regular Operation Miscellaneous

$ 518,576.56 $
$ 293,000.00 38.10

$ 518,576.56
293,000.00 38.10

TOTAL CONT.EDUC.-EDUC. & GEN.
OTHER T.V. Deposits Transfer from Restricted Unearned Income (Net)

$ 1,331,996.11 ? 22,909.70

$ 1,354,905.81

$

4,800.00 $

3,617.24

16,790.25

$

4,800.00

3,617.24

16,790.25

TOTAL CONTINUING EDUCATION INCOME

$ 1.357.203.60 $ 22.909.70

$ 1.380.113.30

80

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

AUXILIARY ENTERPRISES DORMITORIES
Barracks Brown Candler Clarke Howell Law Graduate Lucy Cobb Mary Lyndon Mi Hedge Myers Hall Payne Hall T. W. Reed Hall Rutherford Small Dorms Soule Veterans Housing

General Income

Restricted Income

$ 37,377.50 $ 34,750.04 13,857.77 38,092.47 40,283.79 18,220.31 33,640.46 32,535.00
126,368.72 51,156.00
116,476.38 42,301.14
2,366.00 34,010.73 93,083.38

TOTAL DORMITORIES
DINING HALLS Payne Snelling Memorial Cafeteria

714,519.69 $
$ 73,521.63 $ 279,325.48 314,612.61

TOTAL DINING HALLS
OTHER Printing Department Student Center Student Health University Stores

$ 667,459.72 $
$ 174,070.61 $ 11,872.18
138,923.65 632,147.01

TOTAL OTHER

$ 957,013.45 $

TOTAL INCOME

$ 2,338,992.86 $

Transfer from Stores (Stu.Center)

$ 16,000.00 $

Transfer from Agency (Phi Delta Theta)

1,500.00

Unearned Income (Net)

(-) 14,197.01

Dormitory Deposits (Net)

14,035,00

TOTAL AUXILIARY ENTERPRISES

$ 2.356.330.85 $

Total
$ 37,377.50 34,750.04 13,857.77 38,092.47 40,283.79 18,220.31 33,640.46 32,535.00
126,368.72 51,156.00
116,476.38 42,301.14 2,366.00 34,010.73 93,083.38
$ 714,519.69
$ 73,521.63 279,325.48 314,612.61
$ 667,459.72
$ 174,070.61 11,872.18
138,923.65 632,147.01
$ 957,013.45
$ 2,338,992.86
$ 16,000.00 1,500.00
(-)14,197.01 14,035.00
$ 2.356.330.85

81

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

General Income

STUDENT AID

ENDOWMENT

Advancement Art Fund

$

Black Carey Fund

W. J. Bryan Fund

J. B. Coipally Fund

Rebecca tfelton

Geo. R. Franklin

John C. Harris Fund

Sallie Maude Jones

George D. Kitzinger Fund

Dan McDougald Award

Hamilton McWhorter

Issac Meinherd Fund

Neil Reid Memorial Fund

H. B. Russell

Martin Reynolds Smith

Cecil Willcox Fund

A. F. Churchill - Scholarship

E. G. Dawson - Scholarship

Joseph R. Lamar - Scholarship

T. E. Mitchell - Scholarship

T. E. Mitchell - Cor.-Scholarship.

Jennie B. Myers Fund

Michael Award - Univ. of Ga. Found.

Michael Bert - Univ. of Ga. Found.

Geo. Foster Peabody

Wilson - Univ. of Ga. Found.

Stoddard - Sutton

Lamar Trotti - Scholarship

F. C. Tucker - Scholarship

Univ. Found. - Fattig

University of Georgia Foundation

Restricted Income

Total

$

360.75

$

583.52

8.04

71.58

79.11

420.33

39.00

1,552.00

317.17

504.56

15.70

34.50

1,100.00

44.00

126.00

74.00

719.00

51.00

2,000.00

1,755.00

1,742.00

150.00

1,000.00

24.70

14.00

100.00

100.00

357.09

914.00

249.00

5,500.00

360.75 583.52
8.04 71.58 79.11 420.33 39.00 1,552.00 317.17 504.56 15.70 34.50 1,100.00 44.00 126.00 74.00 719.00 51.00 2,000.00 1,755.00 1,742.00 150.00 1,000.00 24.70 14.00 100.00 100.00 357.09 914.00 249.00 5,500.00

TOTAL ENDOWMENT

$

GIFTS & GRANTS

American Business Club

$

Air Force Aid Society

Art Auction

Annonymous - Maki Wu

Atlanta Civitan Club

Atlanta Fed. Savings Schol.

Atlanta Newspaper

Atlanta Woman's Pan.Assoc.

Baptist Found. Texas

Barwick, E. T.

Baxley, J. C.

Bankers Fidelity Life Insurance

$ 20,006.05

$ 20,006.05

$

500.00 $

850.00

619.25

100.00

600.00

1,000.00

195.00

180.00

100.00

3,750.00

100.00

450.00

500.00 850.00 619.25 100.00 600.00 1,000.00 195.00 180.00 100.00 3,750.00 100.00 450.00

82

i f
A%
v' 4I
' t
4
i
i j|
aR
>1 I /ft

A' R

A

h\

i1

V>

J ib

ia
*A

>m > fl
VA V ;
If
viuT
>n
*% / f if f
>4
i1
H i*
>w

I

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

"Restricted -Income

Total

STUDENT AID (Cont'd)

GIFTS & GRANTS (Cont'd)

BeIk Foundation

$

Booth - Peagler

Boswell Found. - Griffin

Bullock - Merriweather

Callaway Educ. - Scholarship

Calhoun - Rotary

Chemstrand Corp.

Cartersvilie, Jaycee

Castleberry Fund

Cary, Jennie

Coats - Clarke Company

Chi Psi Educ. Corp.

Cobb Educ. Fund

Colonial Dames of America

Continental Can - Forestry

Cooper, Wm. U/w

Dairy Schol. - Various

Dean, E. C.

Delta Air Lines

Downing, Georgia S. U/W

Dublin Bonded Warehouse

Elks National Foundation

Emp. L. Schol.

Forestry Schol. - for Earl Jenkins Mem.

Ga. Alumni Assn.

Ga. Federation Women's Club

Garden Club Ga. Schol.

Ga. Bankers Assn.

Ga. Voluntary Tech. Plan

Ga. Alpha Delta

Ga. Power Company

Ga. Co. Farm Coop.

G .E . Scho1.

General Motors Corp.

Ga. Farm Bureau

Georgia Rotary Stu. Fund

Georgia State Dept. Educ.

Goldbert Mem. Fund

Griffin Jaycees

Hanna Mfg. Company

Handley Ins. Company

Hightower - McDaniel

Homelite Corp. - Schol

Howard Schol. - Paper

International Mineral

Kiwanis Key Club

Kelemen Foundation - Fader

PM
y/'Yi: H

$
y 1A

500.00 400.00
iL,500.00 50.00
500.00 425.00 250.00 602.00 00.00 1,200.00 3,60.00
6,000,00 644,00
5,300,00 200,00 600.00 116.84
4200.00 1,223.00
266.67 100.00 1,950.00 1,300.00 1,200.00 583.33 2,370.00 500.00
39.00 500.00 500.00 4,950.00 500.00 3,428.00 22,435.00 390.00 350.00
65.00 100.00 250.00 500.00 1,,200.00 600.00 460.00 500.00

I5

500.00

400.00

800.00

200.00

1,500.00

50.00

500.00

425.00

250.00

602.00

500.00

1,200.00

3,600.00

250.00

6,000.00

644.00

5,300.00

200.00

600.00

116.84

200.00

1,223.00

266.67

100.00

1,950.00

1,300.00

1,200.00

583.33

2,370.00

500.00

39.00

500.00

500.00

4,950.00

500.00

3,428.00

22,435.00

390.00

350.00

65.00

100.00

250.00

500.00

1,200.00

600.00

460.00

500.00

83

UNIVERSITY OF GEORGIA

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

General

Restricted

Income____________ Income

Total

D. STUDENT AID (Cont'd) GIFTS & GRANTS (Cont'd) Kroger Grocery Co. Schol. Ledger Enq. Loridons, Chas. - for Gaye Mortor Board Scholarship Miami Coca Cola Murray, Inez National Merit Schol. N.S.F. Fellow Odille Ousley Scholarship O.A.S. Pepsi Cola Scholarship Poultry Schol. (Various) Presser Found. R.S.A.M.A. Club Schol. Rayonier Found. - Forestry Ralston Purina Scholarship Regional High School P.T.A. Rex Oil Company Seapak Corp. Sears - Roebuck - Agriculture Sears - Roebuck - High School Sears - Roebuck - Home Economics Sears - Roebuck - Awards Southern Cotton Oil Company S. C. Regional Board Southern Maid Southeastern Fair Assn. St. Regis Scholarship Student Acitivities - Band Student Act. - Orchestra Texaco Scholarship Thomasville Jaycees U.D.C. Ga. Div. Union Bag - Camp Union Bag Co. Union Bag - Bus. Admr. Undergraduate School Various Sources - Music Vincent, Eleanor F . Various Sources - Pharmacy Waycross Rotary Woodruff, R. W. Woman's Student Govt. Winn-Dixie Stores Z Club Schol.
TOTAL GIFTS & GRANTS
TOTAL STUDENT AID
TOTAL CURRENT RECEIPTS

$

$

1,000.00

$

1,000.00

249.00

249.00

1,000.00

1,000.00

237.95

237.95

450.00

450.00

100.00

100.00

650.00

650.00

22,735.30

22,735.30

900.00

900.00

165.00

165.00

617.90

617.90 I

2,237.34

2,237.34

400.00

400.00

1,899.98

1,899.98

500.00

500.00

2,500.00

2,500.00

500.00

500.00

100.00

100.00

250.00

250.00 |

3,335.00

3,335.00 i

800.00

800.00 !

1,200.00

1,200.00

330.80

330.80

200.00

200.00

1,900.00

1,900.00

1,560.00

1,560.00

480.00

480.00j

1,600.00

1,600.00]

2,525.00

2,525.00

2,000.00

2,000.00

950.00

950.001

200.00

200.00

600.00

600.00/

125.00

125.00

2,144.00

2,144.00

500.00

500.00

2,435.00

2,435.00

498.46 160.00

498.4 160.00

5,313.00

5,313.00

100.00

100 J00

5.58

5 /58

435.00

435.00

625.20

623.20

65.00

65.00

$ J ________ $10.765.855.59

$ 145,121.60 $ 165,127.65 $2.226.768.80

$ 145,1^1.60 ? 165,12|7.65 $12.992.624.39

Schedule C

UNIVERSITY OF GEORGIA
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expense

Eauinment

EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL
Accounting Office Comptroller's Office President *s Office Statistical, Bureau TOTAL GEN.ADMIN.

$ 72,580.04 $ 55,226.63 42,774.59 30,998.24
$ 201,579.50 $

Staff Benefits

Group Life Ins.\

$

Hospitalization ttns.

Workmans Compensation

Retirement Contributions

Social Security 1

Retirement Supplements

TOTAL STAFF BENEFITS

$

14,784.16 $ 1,669.13 8,105.83 415.56
121,811.11 25,107.87
171,893.66

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

$ 16,499.80 $ 76,119.24 39,480.78
$ 132,099.82 $

Student Welfare Admissions Dean of Students Dean of Men Dean of Women Dir.of Student Act. Placement Registrar Texas Co.-Placement Guidance Center Veterans Division TOTAL STUDENT WELFARE

$ 64,683.24 $ 2$,325.42 3t,542.31 29,190.50 16,281.19 21,123.64 6j0,828.02
3(9,443.16 5,535.11
$ 294,952.59 $

TOTAL ADMIN. & GENERAL

$ 800,525.57 $

PHYSICAL PLANT General Operations Grounds Janitors Repairs

$ 466,709.80 $ 106,537.95 282,881.08 209,387.24

TOTAL PHYSICAL PLANT

$1 ,d65,516.07 $

$ 61,552.25 $ 52,852.91 40,319.76 30,299.08
$ 185,024.00 $

8,939.48 $ 1,769.22 2,372.38
699.16 13,780.24 $

2,088.31 604.50 82.45
2,775.26

$ 14,784.16 $

$

1,669.13

8,105.83

415.56

121,811.11

25,107.87

171,893.66

$

$ 16,499.80 $

$

75,721.74

397.50

33,883.16

4,496.62

1,101.00

$ 50,382.96 $ 80,218.36 $ 1,498.50

$ 200.00
247.95 447.95 $

47,095.90 $ 23,841.92 31,442.34 28,354.92 15,599.88 19,269.85 45,134.87
32,064.64 5,238.00
248,042.32 $

15,612.88 $ 1,683.50 1,099.97 835.58 681.31 1,301.99
10,998.15 247.95
5,427.88 297.11
38,186.32 $

1,974.46
551.80 4,695.00 1,950.64 9,171.90

447.95 $ 655,342.94 $ 132,184.92 t 13,445.66

8,930.94 $

37,965.46 $ 69,705.32 251,597.40 106,570.46

410,786.97 $ 26,888.31

30,583.26 6,249.37

28,321.52 2,962.16

99,412.96

3,403.82

8,930.94 $ 465,838.64 $ 569,104.71 $ 39,503.66

85

UNIVERSITY OF GEORGIA

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

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expense Eauiument

A. EDUCATIONAL & GENERAL (Cont''dd))

LIBRARIES General Books - Other

$ 276,761.95 $ 159,974.96

Lumpkin

Ilah Dunlap Little

Wormsloe Foundation

TOTAL LIBRARIES

$ 436.736.91 $

$ 259,784.39 $
299.25 10,604.87
9,000.00
19,904.12 $ 259.784.39 $

14,47U43 $ 2,506.13 159,974.96 299.25 10,604.87 9,000.00
14,471.43 $182,385.21

INSTRUCTION
Dean of FAdulties institute Of Statistics

$ 38,131.14 $ 10,148.73

$ 29,856.29 $ 4,509.54

1,931.86 $ 6,342.99 243.91 5,395.28

College of Agriculture

Sean's Office

39,932.27

34,184.78

4,734.35

1,013.14

Ag. Economics

23,847.58

4,350.00

26,375.04

449.15

1,373.39

Ag. Engineering

51,686.16

6,800.00

48,364.09

2,102.16 8,019.91

Agronomy Animal Husbandry

33,879.94 28,895.77

6,800.00 8,550.00

35,724.84 36,508.08 fj

1,340.88 768.63

3,614.22 169.06

IS

Dairy

20,920.83

7,000.00

25,234.32|

1,379.51

1,307.00

Food Technology

22,350.72

1,000.00

20,176.73

2,817.63

356.36

Horticulture

12,359.81

5,500.00

15,309.60

910.21

1,640.00

Landscape Architecture

39,349.23

35,535.20

1,271.82 2,542.21

Plant Pathology

28,564.11

22,326.73

730.11 5,507.27

Poultry

17,657.58

4,100.00

20,322.30

700.28

735.00

AEC Agriculture

9,800.60

380.57 9,420.03

Ralston Purina

1,800.00

1,800.00

Extension Training

1,731.00

400.00

1,331.00

Arts & Sciences

Dean's Office

45,041.99

37,612.84

6,249.80

1,179.35

Art

91,593.71

1,000.00

89,709.83

2,673.48

210.40

Art GEB

4,922.84

23,354.88

23,354.88

2,924.14

1,998.70

Bacteriology

28,148.43

1,750.00

27,110.87

1,257.56

1,530.00

Botany

66,417.02

3,500.00

60,566.28

2,855.45 6,495.29

Chemistry

132,727.12

8,250.00

119,342.56

15,593.24 6,041.32

Classics

19,042.49

18,177.46

119.24

745.79

English

187,337.29

7,600.00

189,717.56

902.18 4,317.55

Entomology

14,518.64

9,504.00

836.65 4,177.99

Geography & Geology

77,245.59

4,550.00

74,435.85

3,631.47 3,728.27

History

74,544.55

2,800.00

74,068.42

451.45 2,824.68

Mathematics

81,445.12

7,800.00

88,801.58

443.54

Modern Language

112,964.24

3,980.00

113,360.27

1,532.40 2,051.57

Music Philosophy & Religion

119,880.38 21,169.82

400.00 500.00

99,963.00 21,399.88

8,912.80 11,404.58

249.94

20.00

Physics Political Sciences

62^975.71 64,500.30

5,600.00 5,700.00

60,343.89 68,810.67

3,210.55 411.18

5,021.27 978.45

Psychology Sociology Speech & Drama Zoology

70,270.42 69,795.08 58^453.92 80,149.71

1,000.00 4,824.28
6,650.00 165.96

61,199.78 69,694.56 54,449.61 76,875.60

2,503.35 999.76 908.80
8,062.08 125.96

7,567.29 3,925.04 3,095.51 1,862.03
40.00

2r!

AEC Arts & Sciences

86

Schedule C (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expense EauiDment

EDUCATIONAL AND GENERAL(Cont *d)

INSTRUCTION (Cont'd)

Business Administration

$ 274,982.08 $

Education

Emory Ga. Fund

$

Atlanta Area Tch. Training 13,799.88

General

198,345.76

Lucas Fund

Physical Education

132,539.46

Program Excep. Children

37,375.89

Tch.Training-Agric.

10,000.36

Tch.Training-Home Ec.

13,847.38

Trades & Industries

Forestry

95,600.37

Forestry Trust Co.of Ga.

Inland Containers

Graduate School

110,569.89

Graduate School GEB

Nat'l Def. Fellow

NSF Sub.Coop.Fellow

1,650.00

Woodrow Wilson Grant

Home Economics

145,203.51

Journalism

74,994.63

Law School

95,978.27

Military Science

9,775.09

Pharmacy

135,187.19

Summer Quarter

232,984.22

NSF T.V. Institute-Lund

NSF Summer Sch.-Whitehead

NSF Westfall 59-60

NSF Westfall 60-61

NSF Westfall 61-62

NDEA Spring King

NDEA Summer King

U.S. Summer - Jordan

NSF Whitehead - Students

NSF Whitehead Teaching

Veterinary Medicine

Dean's Office

25,133.04

Anatomy & Histology

19,610.08

Medicine & Surgery

110,189.29

Micro. & Prev.Med.

41,568.81

Pathology

46,975.43

Physiology

29.261.78

4,600.00 $
6,140.26
4,500.00 488.99
2,200.00 44,134.25 18,201.21 16,121.24
9,300.00 75.11
500.00 8,000.00
90.48 4,107.00
2,800.00 3,300.00
500.00 2,400.00
3,300.00
10,313.18 41,466.61
2,093.66 250,151.34
808.06 50,763.47 38,546.74 44,011.40
6,536.60 19,972.58
12,000.00 91,000.00 11,200.00 10,000.00 10,310.00

263,837.50 $
2,543.45 13,799.88 192,057.00
123,128.33 36,810.00 46,016.53 28,227.65 11,560.00 87,883.91
114,198.94
4,107.00 1,650.00 2,800.00 121,399.21 60,259.61 93,953.56 7,495.54 110,852.35 230,930.40 9,578.22 40,840.90 1,826.66 246,869.78
50,212.22 36,907.56 42,962.97
6,337.56 19,806.25
22,819.92 29,116.55 132,786.02 48,669.74 50,161.67 37,166.50

7,000.52 $ 8,744.06

3,596.81

9,003.47 75.41
5,597.82 2,488.69 8,118.08 3,820.94 3,710.74 4,672.85
75.11
4,285.05

1,785.29 413.58
3,813.31 277.20
850.50 12,343.61
500.00 85.90 90.48

10,937.17 7,766.25 2,782.32 1,852.59
12,795.84 2,053.82 384.96 625.71 267.00 3,281.56 808.06 551.25 1,639.18 1,048.43 199.04 166.33

16,167.13 7,468.77 1,642.39 426.96
14,839.00
350.00

2,018.62 1,602.90 48,334.75 3,070.98 2,734.06 1,436.53

294.50 890.63 20,068.52 1,028.09 4,079.70 968.75

TOTAL INSTRUCTION

$3;.706,440.65 ? 876,788.90 $4 ,124,700.31 $ 244,749.93 $213,779.31

ORGAN. ACTIV.RELATED TO INST.
Demonstration School & Prac. Lab. $

48.029.26 $

400.00 $ 38.619.42 $ 9.153.49 $ 656.35

87

UNIVERSITY OF GEORGIA

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

_________________________________Object Classification____ ____

Salaries

Operating

Fund Classification_____

and

Supplies and

General

Waaes

Expenses Equipment

A. EDUCATIONAL & GENERAL (Cont'd)

RESEARCH

Bureau of Business Rsch. $ 21,049.18

Bureau of Pub.Admin.

5,653.12

General Research

498,956.68

Social Science Inst.

7,960.18

Restricted

AEC Cormier

AEC James - Peacock

AEC Johnston

AEC Pharmacy

AEC Savannah

AEC Sears

AEC Totter

AF Biosciences

AF Bowers

AF Gases

AF Peacock

AF Zimmer

Army Ordnance-Math

ASLO Sessoms

Atlantic Steel

Canine Parasite

Comer Research

Cricket Mortality

Deer Disease Hayes

Ford Found.Deliq.Bowers

GSDA - Child Care

HEW Mental Retardation

Marine Biology

Massengi11-LaRocca

Morris Animal Found.

Nat. Pest Control

Nat.Vit.Clark

Nat. Vit.Williams

NDEA Oliver

Newspaper Fund

NPS Walter F. George

NPS Hartwell Dam

NSF Amphibians

NSF Bacteriology

NSF Bio-Chemistry

NSF Brahana

NSF Byrd NSF Clark

NSF Fort

NSF Geology

NSF Howe

NSF Hunter

3,500.00 $

21,358.12 $ 4,987.92
386,470.35 6,684.22

1,987.09 $ 1,203.97 665.20
47,913.97 64,572.36 1,275.96

6,697.52 3,717.29 1,048.54 10,489.31 20,187.33 10,778.66
266.66 8,187.64 21,308.86 24,955.53 7,132.89 12,136.31 5,671.58
225.00 3,036.75 14,050.53 8,653.71
.83 28,424.59
749.27 6,000.00 10,875.07 121,457.55
937.36 4,999.94 1,943.55 2,664.50
701.18 13,589.04
20.00 25,967.00
76.86 11,354.26
5,741.30 5,120.56 5,629.67 3,626.18 3,035.38
340.90 525.00 6,009.85 197.34

6,499.92 1,897.45
700.00
15,084.38 7,866.46 266.66 5,269.37
17,794.49 12,800.00
5,876.75 9,921.12 5,117.50
225.00 2,946.00 9,385.41 4,250.44
18,324.82 596.32
6,000.00 9,576.82 71,804.86
880.00 4,290.50 1,943.55 1,950.00
72.75 12,000.32
19,955.08 76.86
4,855.00 5,358.00
5,191.66 3,590.00 2,698.38
338.00 525.00 4,479.82
35.00

197.60 1,767.34
211.54 526.20 2,113.20 2,912.20

52.50 137.00 9,963.11 2,989.75

2,918.27 1,866.92 6,887.05
702.91 1,245.64
554.08

1,647.45 5,268.48
553.23 969.55

90.75 3,280.84 4,403.27
.83 8,639.42
152.95

1,384.28 1,460.35

1,298.25 34,598.49
57.36 709.44

15,054.20

402.99 628.43 1,588.72
20.00 5,427.27

311.51 584.65

2,457.82 383.30
438.01 36.18 124.50 2.90

4,041.44 5,120.56
212.50

534.29 162.34

995.74

88

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

_______________________________Object Classification___________

Salaries

Operating

Fund Classification

and

Supplies and

General

^J^jjygjxted

Wages _____ Expenses Equipment.

A. EDUCATIONAL & GENERAL (Cont'd)

RESEARCH (Cont'd)

Restricted (Cont'd)

NSF In-Service Inst.

$

NSF In-Service Inst.-Koelsche

NSF Jacobs

NSF Kornfeld

NSF Lamb

NSF Light

NSF Marine Equipment

NSF Marsh Grasses

NSF Math

NSF McRorie

NSF McRorie - Teachers

NSF Metabolism

NSF Michel

NSF Payne Equipment

NSF Migratory Birds

NSF Phosphorus

NSF Plummer

NSF Pomeroy

NSF - RPCT Bacteriology

NSF - Salotti

NSF - Schlee

NSF - Scott

NSF - Thomas

NSF - Topology Students

NSF - Under Grad.Bact.

NSF - Under Grad.Botany

NSF - Under Grad.Ento.

NSF - Under Grad.Physics

NSF - Under Grad.Zoology

NSF - Uronic Acids

NSF - Utilization

NSF - Water Rsch.-Whitehead

Petroleum Fund-Heric

Petroleum Fund Lamb

Pop.Council-Williams

Product Imports-Eakin

Research Corp.-Lamb

Reynolds Coastal Islands

SAB McClung

Sloan Found.-Fort

Small Business Admin.

Squibb Hartman

Tourist Ree.Keeling

USOE Bledsoe

USOE King

USPH Blake

$ 4,952.07 $ 3,999.90 $

42.00

42.00

3,044.08

2,960.00

2,213.80

345.15

5,085.19

3,825.00

12,397.25

10,994.55

10,737.12

3,542.98

2,800.00

8,001.81

7,411.00

10,250.00

22,005.63

21,800.28

2,519.27

1,410.00

3,778.38

3,563.00

12,339.40

10,641.16

7,694.70

2,260.09

1,268.28

4,430.55

640.00

133.73

919.12

919.12

2,083.33

873.32

4,266.51

3,443.00

9,023.79

8,425.00

2,088.50

1,712.60

12,591.31

12,369.15

721.15

600.00

2,860.29

2,800.00

1,724.26

1,650.00

1,284.08

1,100.00

2,425.68

2,400.00

1,912.56

1,198.00

1,151.11

359.25

2,107.89

1,833.26

5,882.72

4,082.00

216.25

216.25

688.88

367.35

2,544.66

2,385.52

863.14

720.00

1,813.10

1,800.00

203.94

(-)75.00

7,319.14

7,101.92

8,132.55

6,758.97

3,916.64

3,374.88

6,763.54

6,070.74

5,039.90

4,745.92

5,958.26

2,155.00

8,668.33

7,635.55

952.17 $

84.08 276.53 248.48 1,259.95
742.98 472.06
5.35 1,109.27
30.38
1,932.10 754.29
2,409.12 133.73

1,592.12 1,011.71
142.75 10,737.12
118.75 10,250.00
200.00
185.00 12,339.40
1,014.36 237.52
1,381.43

1,210.01 708.15 509.22 375.90 222.16 121.15 60.29 74.26 184.08 25.68 714.56 463.36 274.63 263.47

115.36 89.57
328.50 1,537.25

224.31 159.14
34.14 13.10 116.94 217.22 1,373.58 485.51 692.80 293.98 3,803.26 1,032.78

97.22 109.00 162.00
56.25

89

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

_______________________________ Object

Salaries

Fund Classification

and

General

Restricted

Wages

Classification_______ _ Operating
Supplies and Expenses Equipment

A. EDUCATIONAL & GENERAL(Cont'd)

RESEARCH (Cont'd)

Restricted (Cont'd)

USPH Cleveland

$

USPH Cosgrove

USPH DeAngelis

USPH Fellowship Subsidy

USPH Genetics - Hinton

USPH Kent

USPH LaRocca

USPH Malaria-McGhee

USPH McClung

USPH Odum

USPH Peacock

Water Law Study

$ 18,532.19 $ 13,348.98 $

5,156.23

4,256.00

610.41

541.66

284.70

6,650.57

3,675.00

5,089.87

4,305.00

753.86

650.00

7,665.21

5,567.50

9,438.05

5,690.35

2,003.80

1,060.36

1,440.81

694.82

3,029.46

2,848.41

2,780.36 $ 815.23 68.75
369.50 698.37 103.86 1,845.05 2,575.99
83.61 680.49 181.05

2,402.85 85.00
284.70 2,606.07
86.50
252.66 1,171.71
859.83 65.50

TOTAL RESEARCH

$ 533,619.16 ? 704,231.59 $ 898,358.04 $ 173,449.95 $166,042.76

EXTENSION & PUBLIC SERVICE

Agriculture

Ag. Educ. Relations

$

Milk Control

Short Course

Ag. Judging

Landscape Arch.

Vietnam-Cambodia Survey

ICA- Cambodia

ICA- Vietnam

Education

Allstate Foundation

Allstate Found.-Special

Cerebral Palsy-Spec.Educ

Consultative Service

Coop. Prog. Elem. Educ.

FAE Com. Leadership

Family Finance

Field Service

GARC - Excep.Child.

General Mills

In Service Education

Kellogg 1960-61

Mental Health

Surveys

Voc.Rehab.Adult Couns.

Voc. Bus.Educ.

Other

Archaeology

Art Museum

$ 4,500.99

32,885.90 $ 1,799.30
1,392.81 1,517.22
384.57 124,650.35
39,352.17

38,237.66

1,400.00 140.80 122.13
13,015.22 (-)49.00 8,644.29
14,751.28 1,300.00 109.25 300.00 2,269.08 128.56 3,147.40 3,468.30 4,804.71 700.00

4,295.66 9,931.97

19,123.14 $
560.00 384.57 84,562.75 28,332.71
12,657.70 45.00
7,711.00 10,943.50 37,257.00
29.25 300.00
2,703.82 54.00
3,820.50 700.00
3,000.00 7,520.93

13,328.64 $ 1,799.30 4,500.99 1,392.81 910.43

434.12 46.79

36,718.23 9,937.92

3,369.37 1,081.54

1,400.00 140.80 122.13 357.52
(-)94.00 933.29
3,807.78 1,468.96
80.00

811.70

2,269.08 128.56 443.58
3,414.30 984.21

1,295.66 1,960.62

450.42

90

Schedule C (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF CURRENT EXPENDITURES (Continued)

_____________________

Fund Classification______

General

Restricted

Object Classification_________

Salaries

Operating

and

Supplies and

Wages

Expense Eam'pmp.nt

A. EDUCATIONAL & GENERAL (Cont'd)

EXTENSION & PUBLIC SERVICE (Cont'd)

Other (Cont'd)

Atlanta Bus.Admin.Real Estate

$

Carnegie Corp.-Art

Exten. Serv.Studies

31,887.00

General Electric

Inst. Law & Govt.

53,701.40

Jefferson Mills

Literary Quarterly

13,255.90

Southeastern Handbook

Univ. Press

51,585.05

Wildlife Conservation

Univ.Press-Ford Found.

U n i v .Pre ss -Wi1son

Univ. of Ga.Found-Art

Univ. of Ga. Found.-Phinizy

55.11 $ 138.78
200.00 1 ,2 0 0 .0 0
100.00
838.04 500.00 7,119.67 1 ,0 0 0 .0 0
95.12 100.00 696.70

$ 138.78 31,887.00 200.00 45,497.04
7,825.00
19,149.83 3,083.00
95.12 100.00
20.00

55.11 $

6,702.02
5,230.65 838.04
32,935.22 1,407.24 1 ,0 0 0 .0 0

2,702.34 100.00 200.25
2,629.43

676.70

TOTAL EXT. & PUB. SERVICE $ 207,395.63 $ 268.277.76 $ 327.701.64 $ 136.145.79 $ 11.825.96

TOTAL EDUCATIONAL & GENERAL $6.798,263.25 $1,878,981.26 $6.770.345.38 $1,279.260.22 $627.638.91

Refund-Prior Years Inc. $ To Gen.-Contract Overhead To Educ. & General To Plant Funds To Restricted To Plant-Restricted To Agency (Soc.Sec.) To Air Travel To Scientific Stock Room

$ 64,567.18 49,923.16 1,650.00
338,316.20 2,880.00 53,500.00
10,013.24 178.00
19,447.11______________

TOTAL EDUCATIONAL & GENERAL

$7.169.097.80 $2.048.621.60

91

UNIVERSITY OF GEORGIA

Schedule C (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expenses Eau initient

B. CONTINUING EDUCATION ADMINISTRATIVE Admin. Managerial Employees Welfare

$ 31,459.16 $ 49,946.21
19,005.09

$ 26,739.31 $ 43,921.28 19,005.09

4,695.85 $

24.00

3,089.72 2,935.21

TOTAL ADMINISTRATIVE

$ 100,410.46 $

$ 89,665.68 $ 7,785.57 $ 2,959.21

PLANT OPERATIONS

$ 58,302.51 $

$ 11,466.65 $ 46,530.77 $ 305.09

INSTRUCTION Adult Educ.-Grant FAE Albany Center Gainesville Center Instruction Marietta Center Rome Center Waycross Center H.E.W. Media USPH Teach.Assts. Basic Issues Prog. Outdoor Rec.

$

$ 43,388.53 $ 25,065.85 $ 18,322.68 $

29,860.83

27,036.44

2,824.39

11,756.96

9,945.00

1,811.96

19,546.35

14,497.67

2,650.13 2,398.55

35,544.61

33,936.34

1,608.27

12,133.90

10,190.34

1,943.56

31,881.28

29,899.96

1,981.32

5,546.75

5,242.96

303.79

1,246.85

453.00

793.85

936.86

936.86

6,421.02

6,069.80

351.22

TOTAL INSTRUCTION

$ 141,660.79 $ 56,603.15 $ 162,337.36 $ 33,52.03 $ 2,398.55

EXTENSION Communie ation Conferences & Inst. Evaluation Extension Home Study

$ 247,067.33 $ 118,202.04

$ 166,537.38 $ 70,372.05 $ 10,157.90

98,748.22

19,453.82

14,519.14

13,057.50

1,461.64

123,248.18

106,578.46

16,669.72

____ 40,184.30___________________ 32,029.18______ 8,155.12

TOTAL EXTENSION

$ 543,220.99 $

416,950.74 $ 116,112.35 $ 10,157.90

AUXILIARY ENTERPRISE Room Service Food Service Gift Shop

$ 165,863.76 $ 234,594.03 23,727.06

$ 80,990.42 $ 84,340.14 $ 533.20

97,534.90

134,041.18

3,017.95

4,800.00

18,927.06

TOTAL AUXILIARY ENT.

$ 424,184.85 $

$ 183,325.32 $ 237,308.38 ? 3,551.15

TOTAL EXPENDITURES

$1.267.779.60 $ 56.603.15 $ 863.745.75 $ 441,265.10 $ 19,371.90

Transfer to Ed. & Gen. $

$ 3,617.24

TOTAL CONT. EDUCATION

$1.267.779.60 $ 60.220.39

UNIVERSITY OF GEORGIA

Schedule C. (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses Eauipment

AUXILIARY ENTERPRISES DORMITORIES
Barracks Brown Candler Hall Clark Howell Law Graduate Lucy Cobb Mary Lyndon Mi Hed g e Myers Hall Payne Hall T.W.Reed Hall Rutherford Small Dorms Soule Veterans Housing

$ 14,441.20 $ 18,230.39 9,991.99 19,666.65 14,846.70 13,421.87 14,943.87 19,685.10 59,333.03 19,077.33 52,968.18 17,503.42 1,620.76 18,259.63 59,923.43

$ 5,958.40 $ 7,682.80 $ 800.00

9,203.00

7,964.96

1,062.43

5,179.00

4,223.13

589.86

7,709.00

9,686.56 2,271.09

7,236.68

7,610.02

6,599.40

5,840.05

982.42

6,597.00

7,565.12

781.75

9,240.00

9,397.90

1,047.20

25,671.87

32,414.69

1,246.47

7,660.00

10,040.13

1,377.20

22,558.58

29,749.75

659.85

6,810.50

9,069.92

1,623.00

454.30

1,166.46

7,128.65

9,235.32

1,895.66

21,878.44

27,447.33 1 0 .597.66

TOTAL DORMITORIES

$ 353,913.55 $

$ 149,884.82 $ 179,094.14 $ 24,934.59

DINING HALLS Memorial Cafeteria Payne Snelling Hall

$ 288,955.76 $ 71,960.96
193,331.56

$ 63,050.29 $ 222,713.83 $ 3,191.64

16,488.23

53,836.72

1,636.01

48,956.61

140,375.97

3,998.98

TOTAL DINING HALLS

$ 554,248.28 $

$ 128,495.13 $ 416,926.52 $ 8,826.63

GENERAL

$ 45,227.75 $

$ 44,302.35 $

925.40

TOTAL DORMS & DINING HALLS $ 953,389.58 $

$ 322,682.30 $ 596,946.06 $ 33,761.22

OTHER Printing Department University Stores Student Center Student Health Serv.

$ 152,368.84 $ 625,851.67 24,450.42 119,679.27

$ 83,713.25 $ 66,708.44 $ 1,947.15

85,350.09 537,083.28 3,418.30

10,963.69

9,622.78 3,863.95

78,412.80

38,631.11 2,635.36

TOTAL OTHER

$ 922,350.20 $

$ 258,439.83 $ 652,045.61 $ 11,864.76

TOTAL

$1,875,739.78 $

$ 581,122.13 $1,248,991.67 $ 45,625.98

Transfer to Student Center$ 16,000.00

Transfer to Bldg.Auth.

109,918.80

Transfer to Trust Funds(Sp.)139,329.61

Transfer to Trust Funds(Reg) 81,375.00

Transfer to Plant Funds

335,370.44

TOTAL AUXILIARY ENTERPRISES $2.557.733.63

93

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

Fund Classification

General

Restricted

STUDENT AID

Endowment Scholarship

$

Scholarships-Gifts

Awards Endowment

Awards Gifts

$ 16,940.63 139,183.82 833.38 1,625.80

TOTAL STUDENT AID

$

$ 158.583.63

TOTAL CURRENT EXPENDITURES $10.994.611.03$2.267.425.64

_____ Object Classification

Salaries Operating

and

Supplies and

Waees

Expenses EauiDment

94

4- * * r|
! il 1y1 1 11
4 4 AJr>
V Ar
14
k? fAf >4 ^
ih la
1* r 1 ft
^y
V
*y
A4
# -ft y r M mM

Schedule D

UNIVERSITY OF GEORGIA
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance Beginning
Of Year

Income for
Year

Expenditure s for
Year

Transfers

Balance End
Of Year

A. EDUCATIONAL & GENERAL

GOVERNMENTAL

State of Georgia

Cerebral Palsy Speech Ed$ Dept, of Ed.-In Serv.

$ 2,198.00 $

122.13 $

2,450.41

2,450.41

$ 2,075.87

Dept, of Health-Mental

(-)2,457.33

Game & Fish Com.-Deer Dis

5,580.38 2,181.82

3,147.40 2,181.82

(-)24.35(T)

Game & Fish Com.-Wildlife 2,574.05

GARC Excep.Children

Health Dept.-Child Care

Milk Control Bd.-Short Course 254.06

Product Imports

Voc. Bus. Educ.

Voc. Education

Voc.Rehab.Adult Educ.

(-)1,444.97

Voc.Rehab.Consult.Se rv.

5,190.15

V o c .Rehab.Hearing

(-)2,400.02

6 ,0 0 0 .0 0 300.00
10,027.00 2 ,0 0 0 .0 0
77,975.37 6,249.68 9,000.00

7,119.67 109.25
6 ,0 0 0 .0 0 1,799.30 2,544.66
700.00 77,975.37 4,804.71 13,015.22
(

381.70(o)

1,454.38 190.75
4,027.00 454.76
(-)2,926.36 (-)700.00

(~).02(T)

1,174.93

Other States

((-)2,400.00(T)

Miss.-Ag.E d.Re1. Reg. Vet.Coun.-Ag.Ed.Rel. S.C.Ag.Ed.Rel. Various (Deer Dis.) Various (Vet.Reg.Coun.) United States

5,298.25 53,500.00

3,000.00 3,000.00 1,067.70 25,454.56 176,250.00

3,000.00 3,000.00 1,067.70 26,242.77 128,000.00

4.510.04 53,500.00(T-plarti48,250.00

AEC Arts & Sciences AEC Ag. Equipment AEC Cormier AEC James-Peacock AEC Johnston AEC Pharmacy AEC Savannah River AEC Sears AEC Totter Army Ordnance-Math

165.96 10,001.57 3,467.25
10,551.14 7,524.54 1,136.67
5,038.24

9,139.60 12,826.80
8,599.00
25,070.00 10,929.75 11,250.00 4,901.91

165.96 9,800.60 6,697.52 3,717.29 1,048.54 10,489.31 20,187.33 10,778.66
266.66 5,671.58

l,004.63(o) 557.59(o) 157.28(o)
3,028.10(o) l,616.80(o) ,, N 8 8 .0 0 (c) ((-)978.60(o) ( 850.73(o)

200.97 4,904.70 8,551.92 7,393.18
61.83 9,379.11 (-)329.04 10,895.34
4,396.44

FAE Com.Leadership(Bus.Ad) Fed.Exten.Fees HEW Mental Retard.Fellow. ICA Cambodia ICA Vietnam ICA Vietnam-Cambodia Surv.

11,074.75 4,977.87

Morrill-Ne Ison Nat.Def.Fellow.(Grad) Nat.Def.Fellow.(Adm) NDEA King-Spring(HEW) NDEA King-Summer

13,738.50 30,623.27

2,376.10 13,500.00 202,771.34 106,796.40
72,124.28 40,000.00
56,575.00 47,757.00

8,644.29 2,491.14(R)

1,731.00

10,875.07

124,650.35 5,895.07(o)

39,352.17 , 3jl73.00(o) 384.57 ((-)245.00(o) ( 4,838.30(R)

72,124.28
(-4,107.00 , 20,095.50(T) 78,000.OOU/GradScn. V '

'

(-)20,095.50(T')

50,763.47

2,133.56(o)

38,546.74

( 217.10(o)

(-)60.68 645.10
2,624.93 72,225.92 64,271.23
21,536.00 20,095.50 3,677.97 37,935.09

(1,681.34(R)

NDEA Oliver

985.18

24,238.00

13,589.04

2,038.36(o) 9,595.78

95

UNIVERSITY OF GEORGIA Schedule D (Continued) STATEMENT OF OPERATIONS OF RESTRICTED FUNDS(Continued)

Balance Beginning
of Year

Income For
Year

Expenditures For
Year

Transfers

Balance End
Of Year

A. EDUCATIONAL & GENERAL(Cont'd)

GOVERNMENTAL (Cont'd)

United States (Cont'd) NPS Hartwell Dam NPS Walter F. George

$ (-)1,769.20 $ 1.125.00 $

76 ,86 $ 1,028. 94(o) $-)1,750.00

(-)10,087.89

25,150.00

25,967 ,00 1,689. 8 6 (o)(-)12,594.75

NSF Amphibians NSF Anderson NSF Bacteriology NSF Bio-Chemistry NSF Brahana NSF Byrd NSF Clark NSF Cormier
NSF Fort NSF Geology

11,326.21
4,634.59 5,120.56 7,661.02 3,565.95 3,775.47 (-)2,543.02
391.49

8.900.00 5.800.00 5,000.00
8.800.00 3.300.00
.1 200.00
3.900.00

11,354..26
5,741. 5,120. 5,629. 3,626. 3,035.
340. 525.

1,703. 14(o)
861.20(o)
.86(0) .93(o) ,31(o) ,32(T) .70(o) .59(o) ,0 0 (o)

7,168.81 5,800.00 3,032.09
9,986.49 2,695.84 1,484.78
3.270.00

NSF Howe

8,700.00

5.300.00

6,009.

.97(o) 6.788.18

NSF Hunter NSF In Service Inst. NSF In Service-Koelsche NSF Jacobs NSF Kornfeld NSF Lamb NSF Light
NSF Marine Equip. NSF Marsh Grasses NSF Math NSF McRorie NSF McRorie Teachers
NSF Metabolism NSF Michel NSF Migratory Birds NSF Payne-Equip. NSF Phosphorous NSF Plummer NSF Pomeroy
NSF RPCT Bacteriology NSF Salotti NSF Schlee NSF Scott NSF Summer Whitehead

(-)57.50
7,619.44 17,960.12 20,400.00 4,055.53 12,300.00 10,250.00 17,747.26
2,731.06 5,889.38 12,339.40
11,760.95
2,500.00 8,163.57 11,500.00 13,279.10

NSF Teal NSF Thomas NSF Topology-Inst. NSF Topology - Students NSF Undergrad.-Bacteriology NSF Undergrad.-Botany

8,035.09 4,800.00

3.100.00 7.450.00 1 0 ,200.00 9.000. 00 3.000. 00
4,800.00
21.035.00
. 10 100.00
4,000.00 11,800.00
,12 000.00
4,320.00
68,700.00
27.500.00 35.225.00
1,060.00 10.365.00

197. 4,952.
42. 3,044. 2,213. 5,085. 12,397. 10,737. 3,542. 8,001. 10,250. 22,005. 2,519. 3,778. 10,641. 12,339. 2,260. 4,430.
133. 73
919. 2,083. 4,266. 9,023, 41,466,
2,088.50
12,591.31 721.15
2,860.29

.47(o) .1 0 (o) .30(o) 82(o) .76(o) .1.017 ,04(o) 2*479 .45() 1,049 .99(T)
531 ,45(o) 1,600 .36(o)
(3,300 .85(o) (2*337 26(R)
503 85(o) 566 76(o) 1,596 17(o)
452 .0 2 (o) 11,400 .00 (T)
886 .1 1 ( 0 )
!nj i i
137 .87(0 ) 416 . 6 7 (0 )
853 30(o)
1,804 .76(o) (3,991 .62(R) ((-)90 ,00(T) (1,284 .95(0)
8,035 ,09(R) 417,,70(o)
.32(o) .17(o) ,04(o)

2.863.19 1.770.33 (-)48.30 6.547.10 6,343.44 4,517.21 2,033.43 9.662.88 4.781.10 2,697.83
11,138.52 7.076.88 2,385.92 5,452.05
8.687.89 6.683.34
3.263.01
3,043.76 671.45
35,325.92
2,293.80 27,500.00 22,555.37
230.68 7,075.67

96

a
Vqj Mi
ir

UNIVERSITY OF GEORGIA Schedule D (Continued) STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
Year

Expenditures For
Year

Transfers

Balance End
Of Year

EDUCATIONAL & GENERAL (Cont' d)

GOVERNMENTAL (Cont'd)

United States(Cont'd)

NSF Undergrad.Ent.

$

$

NSF Undergrad. Physics

NSF Undergrad. Zoology

NSF Uronic Acids

(-)375.04

NSF Utilization

NSF Westfall, 59-60

30,592.14

NSF Westfall, 60-61 NSF Westfall, 61-62 NSF Whitehead Students

55,136.94 7,146.25

NSF Whitehead Teachers

26,147.82

3,335.00 $ 11,385.00
5,790.00 2 ,100.00 9,000.00
219,700.00 9,000.00
10,700.00

1,724.26 $ 258.64(o) $ 1,352.10

1,284.08

142.61(o)

9,958.31

2,425.68

363.85(o)

3,000.47

1,912.56 (-)187.60(o)

1,151.11

230.2 2 (o)

2,093.66

(-)l,900.42(0) ( 30;398.90(R)

7,618.67

250,151.34 4,585wl8(o) 20,100.42

808.06

12i.2 1 (o)

8,070.73

6,536.60

8,095.57

19,972.58

(-)9.90

( 90.00(T)

NSF Whitehead Water Sma11 Bus. Admin. U.S.Air Force-Biosci. U. S.Air Force-Bowers
U. S. Air Force-Cooper U.S.Air Force-Gases U.S.Air Force-Peacock U.S.Air Force - Zimmer USOE Bledsoe USOE King USOE Summer Jordan USPH Blake USPH Cosgrove USPH Cleveland USPH DeAngelis USPH Fellowships USPH Hinton USPH Kent USPH Kornfeld USPH LaRocca

2,253.07 (-)41.86
(-)2,744.47 (-)5,059.23 (-)7,477.68
(-)565.40
49,901.15 (-)1,907.38
5,765.08 5,235.46
5,317.89 6,300.74
385.38

USPH Malaria-McGhee USPH McClung USPH Mental Health Fellow USPH Mental Retardation USPH Odum USPH Peacock USPH Soc.Sec.Fam. Water Law Study Counties & Cities Emory Ga. Fund For Surveys (Educ.)

4,676.77 5,616.38
790.23 110.56
1,657.48
1,229.82 1,468.04

1,500.00 13,900.00
797.15 22,305.81
31,663.87 6,571.35 7,672.10 7,000.00
13,499.00 2,708.00
21,252.00 8,536.00 338.00 4,612.00 1,454.00 1,793.00
9,242.00 6,515.00
156.00 3,000.00
6 ,0 0 0 .0 0 2,023.09 'I 9,579.19 2,896.65

2,107.89 8,132.55 8,187.64 21,308.86
24,955.53 7,132.89
12,136.31 5,039.90 5,958.26 44,011.40 8,668.33 5,156.23 18,532.19
610.41 284.70 6,650.57 5,089.87
753.86
7,665.21 9,438.05
2,003.80 1,440.81
3,029.46

4 2 1 ,58(o)

1,223.60

600.00(o) 5,125.59

1,228.15(o) (-)8,618.64

(3,196.33(o) t '2 6 2 .6 9 m

(-)5,206.54

t r ) 2 6 2 . 6 9 ( T ) (-)4,796.54

3,743.33(o) (-)4,512.67

1,069.93(o) (-)2,196.87

1,820.45(o) (-)6,284.66

755.99(o)

1,204.11

893.74(o) (-)6,852.00

2,997.21(o)

2,892.54

l,300.25(o)

1,623.04

773.44(o)

2,543.41

2,779.83(o)

5,175.44

48.83(o)

7,876.76

53.30

997.59(o)

2,281.73

763.48(o)

1,901.39

( 172.40(R) ((-)540.88(o)

1,793.00

l,149.78(o)

5,103.78

l,415.71(o)

1,277.62

790.23

266.56

300.57(o)

695.63

216.67(o)

6 ,0 0 0 .0 0

664.48(o) (-)1,670.85

6,140.26 3,468.30

.02(T) 24.35(T)

4,668.73 872.04

TOTAL GOVERNMENTAL

$ 553,407.85 $1 ,749,744.31 $1,492,854.47 $191,935.02

$618,362.67

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
Year

Expenditures For
Year

Transfers

EDUCATIONAL & GENERAL (Cont'd)

ENDOWMENT

Alumni Library Books $

630.20 $

Alumni Y.M.C.A.-VRA

2,883.67

W.H. Bocock-Books

91.22

E.T.Comer-Bus.Rsch.

B.A.T.N. Denmark Maint.

3,059.66

Franklin College Research 4,613.32

Mary J.Franklin-Maint.

223.42

George R. Gilmer-Maint.

801.40

Walter J. Grace

138.75

Lamar, Wm. P.

1,608.40

Landseript-Maint.

871.77

Lumpkin Law School

Edmund Magers-Gen.Purp.

17.23

McKamy,David K.(Library)

2,438.69

George Foster Peabody-Law

169.47

Religion-on-Campus

1,013.33

Miss Jennie Smith

13,288.77

Wm. Terre11-Prof.

795.05

Univ. of Ga. Found.-Art

Univ. of Ga.Found.-Atlantic

Steel

946.96

Univ.of Ga.Found.-Lucas

145.49

Univ.of Ga.Found.-Phinizy Lect.

Univ.of Ga.Found.-Press-Wilson 221.68

Univ.of Ga.Found.-Salary Sup.

J.F.R.Washington Fd.-Sci.

452.43 $ 410.19
5.91 8,533.76 1,176.92 8,587.60
147.15 427.80
46.24 336.26 6,159.17 300.00
3.50 2,798.97
649.79 2,522.45
623.75 500.00
3,000.00
1,500.00
81,040.00 29.14

$ 200.00
8,533.76 1,400.00
100.00 400.00
7,030.94 299.25
650.00 100.00
3,036.75 488.99 696.70 95.12
81,040.00

Balance End
Of Year
$ 1,082.63 3,093.86 97.13
2,836.58 13,200.92
270.57 829.20 184.99 1,944.66
.75 20.73 5,237.66 169.47 1,663.12 15,811.22 768.80 400.00
910.21 (-)343.50
803.30 126.56
29.14

TOTAL ENDOWMENT

$ 33,958.48 $ 119,251.03 $ 104,071.51 $

$ 49,138.00

GIFTS

Agrie. Judging

$

Allstate Found.for Dr.Trng.

Allstate Special

Anonymous CPFE Prof.for

T c h .T r n g .

ASLO-Sessoms

Atlanta Real Estate Appr.

(Bus.Ad.)

Auburn U n . A g .E d .Re1.

Canine Parasit.for Rsch.

$ 760.47 1,127.23
4,845.89

Carnegie Corp.for Art

305.15

Colonial Stores-Veg.Judging 109.29

Cricket Mortality

.83

Burlington Ind.-For Equip.Tch . 633.00

Emory Univ.T.V.Inst. Ford Found. Delinquency

Ford Found.-Foreign Students 1,333.34

$ 2,600.00
225.00 1 ,0 0 0 .0 0
256.00 18,095.00
11,713.00 2,500.00

1,392.81 Jr)1,600.00(TA)$ 207.19

1,400.00

1 ,2 0 0 .0 0

140.80

619.67

(-)49.00 225.00

1,176.23

55.11 256.00 14,050.53
138.78

( 460 0 0 (o) (2,400.00 (T)

.83

10,313.18 749.27

1,486.98(o)

944.89
6,030.36 166.37 109.29
633.00 (-)87.16 1,750.73 1,333.34

98

H .J A
*
if IVw
ap
k I<i
V
yV, * t
.f
4) 4
.*** * !3i
-> VI* *" \ Q
*4 1

UNIVERSITY OF GEORGIA Schedule D (Continued) STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
^ear

Expenditures For
Year

Balance End
Transfers____ Of Year

A. EDUCATIONAL & GENERAL (Cont'd)

GIFTS (Cont'd)

Ford Found.-Press

$ 2,195.90 $

Ga.Elec.Mem.-for Ag.Ed.Rel.

Ga.Power Co.-For Ag.Ed.Rel.

GEB - for Art

8,500.26

GEB - For Grad.Sch.

2,671.26

Gen.Elec.Co. Bus.Admin.

610.00

Gen.Mi1Is-Nutrition

300.00

Inland Container Corp.-For.

500.00

Inst.of Life Ins.(FamilyFin) 2,789.28

Jefferson Mills-Art

100.00

Kellogg for Educ.

128.56

Landscape Arch.

2,534.49

Little, Ilah D.Estate

8,883.42

Massengi11-LaRocca

Morris An. Found.

Nat.Pest Control

84.50

N a t .Vitamin-Clark

2,980.00

N a t .Vitamin-W i 11iams

N.C. State College-Ag.Ed.Rel.

NCSI Scott

19.76

Newspaper Fund

Petroleum Fd.-Heric

9,793.00

Petroleum Fd.-Lamb

Population Council-Williams

Price-Waterhouse

Ralston Purina

Research Corp.-Lamb

920.00

SAB McClung

742.85

Sloan Found.-Fort

11,126.97

Squibb Hartman

Reynolds, R. J.,Coastal Is. 6,687.12

Reynolds, R.J.,Marine Bio. 186,014.39

Sou.As soc.Sec .Sch.

Texas Co.

Tourist Rec.Keeling

Trust Co.of Ga.-Forestry

75.11

United Cerebral Palsy-Spec.

343.62

Univ.Alumni Assoc.-Equip.

Univ.of Tenn.Ag.Ed.Rel.

Upjohn Co.for Pharmacy

800.00

V a .Assn.Elec.Coop.Ag.Ed.Rel

We stinghou se -FAE

5,000.00

Woodrow Wilson Fd.

6 ,0 0 0 .0 0

Wormsloe Found.-Press

300.40

Wormsloe Fd.Univ.Lib.

1 0 ,0 0 0 .0 0

2,500.00 $ 250.00 250.00
21,909.74
22,237.50

1 ,0 0 0 .0 0 $ (-)304.10(EG) $ 4,000.00

250.00

250.00

23,354.88

7,055.12

90.48 2,580.78(R)

200.00

410.00

300.00

500.00

14,751.28 100.00

10,275.50

250.00 7,500.00 1,150.00 6,600.00 3,030.00
9,500.00 3,000.00
3,430.50
5,820.00 6,480.00 1 ,0 0 0 .0 0 1,800.00

128.56 1,517.22 10,604.87
937.36 4,999.94 1,943.55 2,664.50
701.18 3,000.00
20.00 5,882.72
216.25 688.88
1,800.00

C 35 .03(R) ((-)15.27(o)
882,41(o) 32.44(o) 51.ll(o)

1,267.27 5,778.55
212.64 1,600.06 1,170.95
315.50 8,798.82
3,410.50 3,027.87 5,571.31 5,740.01 1 ,0 0 0 .0 0

6,555.00
300.00 250.00 2,877.91
349.90 3,000.00

863.14 203.94 7,319.14 3,916.64 1,813.10 121,253.05
247.95 6,763.54
75.11
3,000.00

t (-)6.25(o) l,250.00(o)

56.86 538.91 2,716.21 2,050.86 4,874.02 64,761.34 300.00
2.05 (-)5,135.63

((-)26.69(oi ( 370.31(R)

349.90

250.00 5,000.00
877.39

250.00 2,800.00 9,000.00

800.00
1 0 ,0 0 0 .0 0 3^200.00 1^177.79 1 ^0 0 0 .0 0

TOTAL GIFTS

$ 279.216.09

152.556.94 _ L 262.080.59 ? 9,282.12

$160,410.32

99

UNIVERSITY OF GEORGIA Schedule D (Continued) STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
Year

Expenditures

For

Year

Transfers

Balance End
Of Year

EDUCATIONAL & GENERAL (Cont *d)

SALES & SERVICES

Southeast Res.Handbook $ 3,033.14 $

A g .Ed.Relations

13,578.92

Math Books

4,470.57

Comer Research

1,246.55

990.00 $ 9,277.55
1,698.02

838.04 $

$

18,812.20 (-)2,880.00(T)

119.95

3,185.10 6,924.27 4,470.57 2,824.62

o o oOOOO /<--N \ b*

TOTAL SALES & SERVICES

$ 22,329.18 $ 11,965.57 $ 19,770.19

$ 17,404.56

OTHER SOURCES

Rents-Marine Biology

$

$

Overhead Unused

8,998.13

204.50 $

204.50 ,$ _________ L 13.4J/.UU r 1*161.33 m
,(-)51 '729.23 W

$ 44,129.03

TOTAL EDUC. & GENERAL

$ 897,909.73 $2,033,722.35 $1,878,981.26 $ 163,206.:24 $889,444.58

STUDENT AID

ENDOWMENT-SCHOLARSHIPS

Advancement of Art.Sch. $ 1,768.40 $

Black, Carey Fund

145.88

A.F.Churchill-Schol.

61.00

E. G. Dawson-Schol.

534.00

Rebecca Felton-Schol.

Franklin, Geo.R.

2,010.51

Jones,Sallie Maude Miss

Lamar, Joseph R.-Schol.

Mitchell, T.E.-Schol.

195.00

Mitchell, T.E.-Coord.Sch.

13.00

Myers, Jennie B.-Sch.

Peabody, Geo.Foster

14.00

Phelps-Stokes Schol.

.01

Rosenblatt,Mary(For Art)

490.12

Stoddard-Sutton

Reid,Nei1-Mem.Landscape Arch. 322.08

Trotti, Lamar-Schol.

416.02

Tucker, F.C.-Schol.

61.00

Un. of Ga.Found.-Schol.

5,600.00

360.75 $ 583.52 719.00
51.00 79.11 420.33 1,552.00 2 ,0 0 0 .0 0 1,755.00 1,742.00 150.00 14.00
100.00 1 ,100.00
357.09 914.00 5,500.00

$ 729.40 780.00 585.00
79.11
1,552.00 2 ,0 0 0 .0 0 1,755.00 1,365.00
150.00
490.12 100.00 1 ,100.00 300.00 455.00 5,500.00

$ 2,129.15
2,430.84
195.00 390.00
28.00 .01
322.08 473.11 520.00 5,600.00

TOTAL ENDOWMENT-SCHOL.

$ 11,631.02 $ 17,397.80 $ 16,940.63 $

$ 12,088.19

GIFTS-SCHOLARSHIPS B. Dowling Adams-Sch. $ American Business Club Anonymous Maki Wu Air Force Aid Society Art Auction Sch. Athens Bus.Men'sSch. Atlanta Civitan Club Atlanta Fed.Sav.Schol.

122.00 $
2.00 1 ,0 0 0 .0 0

$ 500.00 100.00 850.00 619.25
600.00 1 ,0 0 0 .0 0

$ 500.00 100.00 850.00 500.00
600.00 1 ,0 0 0 .0 0

$ 122.00
119.25 2.00
1 ,0 0 0 .0 0

100

Schedule D (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

STUDENT AID (Cont'd)

GIFTS-SCHOLARSHIPS (Cont'd)

Atlanta Cotton Assoc.Sch$

500.00 $

Atlanta Newspaper

195.00

Atlanta Women's Pan.Coun.

Bankers Fidelity & Life Ins Co.

Baptist Found. Texas

Barwick, E. T.

Baxley, J. C.

Belk Found.

Blue Key Schol.

100.00

Borden Ag.Schol.Award

1 ,2 0 0 .0 0

Borden Co.Home Ec.

1,800.00

Bullock-Merriwether

Boswell Found.-Griffin

Booth-Peagler

Callaway Educ.-Schol.

38.16

Calhoun Rotary

Chemstrand Corp.

500.00

Cartersville Jaycee

Castleberry Found.

Cary, Jennie

Coats-Clarke Co.

Cooper, Wm. U/W

Chi Psi Educ.Test

Cherokee Schol.

118.40

Continental Can-Forestry

Cobb-Educ.

Colonial Dames of America

Chas. J. Block - Sch.

300.00

Dairy Schol.(Various)

380.00

Davis Brother Schol.

133.34

Delta Air Lines

100.00

Dean, E. C.

Downing, Georgia S. U/W Nix

Drama Sch.

150.00

Dublin Bonded Warehouse

Elks Nat.Found.Sch.

EMPL Sch.

133.33

Forestry Sch.(Earl Jenkins

Memorial)

100.00

Franklin, Mr. & Mrs.John L. 6 ,0 0 0 .0 0

Freedman, Found.-Sch.

41.00

Gainesville Civitan Club

20.00

Gainesville-Midland RR-McMullai/166 .66

Gair Woodlands

23.25

Ga.Bankers Assn.

Garden Club of Ga.Schol.

800.00

Ga. Alpha Delta

General Motors Corp.

Income For
Year

Expenditures For
Year

Transfers

Balance End
Of Year

$ 195.00 180.00 450.00 100.00 3,750.00 100.00 500.00
200.00 800.00 400.00 1,500.00
50.00 500.00 425.00 250.00 602.00 500.00 644.00 1 ,2 0 0 .0 0
6 ,0 0 0 .0 0 3,600.00
250.00
5,300.00
600.00 200.00 116.84
200.00 1,223.00
266.67

$ 195.00

$ 500.00 195.00

180.00

450.00 100.00

3,750.00 100.00

300.00

500.00 100.00 900.00

300.00 200.00

1,500.00

800.00

400.00

1,500.00 50.00

38.16

500.00 425.00

500.00

250.00

602.00

500.00

508.17 1 ,2 0 0 .0 0

135.83

118.40

5,999.94

(-)23*25(T)

23.31

3,600.00

250.00

3,940.00

300.00 1,740.00

500.00 200.00

133.34 200.00

116.84

130.00

20.00 200.00

1,223.00

400.00

100.00

100.00 5,700.00

583.33 1 ,2 0 0 .0 0
500.00 4,950.00

583.33 600.00 500.00 4,950.00

23.25(T)

100.00 300.00
41.00 20.00 166.66
1,400.00

101

w |v* ^ y

f LIBRARIES ]

Of georg^.

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For Year

Expenditures For
Year

Transfers

Balance End
Of Year

B. STUDENT AID (Cont'd)

GIFTS-SCHOLARSHIPS (Cont'd)

Ga. Coun. Farm Coop.

$

9.25 $

Ga. 1Power Company

366.00

Ga. Federation Women's Club

Ga. Alumni

G. E. Schol.

Ga. Educ. Charitable Fund

250.00

Ga. Farm Bu. Fed.

Ga.Rotary Stu.Fund.,Inc.

195.00

Ga. State Educ.

Ga. Voluntary Tech.Plan

330.00

R.E. Gladin Schol.

1.61

Goldberg Mem.Fund

30.00

Great South.Truck Co.Sch.

500.00

Griffin J.C.

Jean Grougrou Schol.

180.00

Hanna Mfg. Co.

Handley Ins.Co.

Hamilton, Alexander-Comm.

108.00

Hightower-McDanie1

Homlite Corp.Schol.

Howard Sch. Paper

IFC Scholarship

533.64

International Mineral Corp. Sch.

Jaycee War Mem.Sch.

948.54

Keleman Found.Fader

Kiwanis Key Club

Kroger Groc. C o .

.02

Ledger Enquirer-Sch.

24.00

Loridans, Chas.-For Gaye

Loeb Farm Sch.-Jewish Chile

333.33

Mortar Board Sch.

65.00

Murray, Inez

Albert S. McGahee

60.00

Miami CocaCola

N.A. S.S.Prin.Sch.

624.31

National Merit Sch.

350.00

NSF - Fellow

10,759.92

Odille Ousley Sch.

300.00

O.A.S.

Pepsi Cola-Sch.

Presser Found

Poultry Schol.(Various) Purcell, Claude

682.59 200.00

Ralston Purina Schol.

Rayonier Found.-Forestry

Regional High Sch.P.T.A.

Rex Oil Co.

Readers Digest-Journalism

444.28

Richardson, L. Co.

54.00

R.S.A.M.A. Club

500.00 $ 39.00
1,300.00 1,950.00
500.00
500.00 3,428.00 22,435.00 2,370.00
390.00
350.00
65.00 100.00
250.00 500.00 1 ,2 0 0 .0 0
600.00
500.00 460.00 1 ,0 0 0 .0 0 249.00 1 ,0 0 0 .0 0
237.95 100.00
450.00
650.00 22,735.30
900.00 165.00 617.90 400.00 2,237.34
2,500.00 500.00 500.00 100.00
1,899.98

102

495.87 $ 250.00 200.00 1,950.00
500.00 3,601.00 22,435.00 2,700.00
390.00
175.00
65.00 100.00
250.00 500.00 1 ,2 0 0 .0 0
600.00 499.99 500.00
1 ,0 0 0 .0 2
1 ,0 0 0 .0 0
219.95 100.00
450.00 624.31 550.00 16,485.95 1 ,2 0 0 .0 0 165.00 200.00 400.00 2,253.99
500.00 500.00 500.00 100.00
54.00 1,890.06

$

13.38

155.00

1 ,1 0 0.00

500.00 250.00

22.00

1.61 30.00 500.00 175.00 180.00

108.00

533.64 448.55 460.00 273.00 333.33
83.00 60.00
450.00 1,650.00(T) 15,359.27
417.90 665.94 200.00 2 ,0 0 0 .0 0

444.28 9.92

* jn

i
p 1 4 4
*
j]I ,> l
* -V B
h
M p J k
I,ft ? -it
1 a|

py gSjkjr f
1

f

kf

-

1 M

4

J*

1 j,* if
y ni v f
rl
Jr

t s f
y>
8
H

UNIVERSITY OF GEORGIA

Schedule D (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance

Income

Expenditures

Balance

Beginning

For

For

End

____ Of Year_______ Year_________ Year_________ Trans fers____ Of Year

B. STUDENT AID (Cont'd)

GIFTS-SCHOLARSHIPS (Cont'd)

E. T .Rogers -Smith

$

Seapak Corp.

Special Schol.

Sears Roebuck-Ag.

Sears Roebuck-High Sch.

Sears Roebuck-Home Ec.

S.E. Fla.Ford Tractor

Southern Cotton Oil

Southern Maid

Southeastern Fair Assn.

South Carolina Reg.Bd.

Senior Scho1. Fund

St.Regis Schol.

Student Activ.-Band

Student Act.-Orchestra

Thomasville Jaycee

Texaco Schol.

Union Bag Camp

Union Bag Co.

Union Bag -Bus.Admr.

Undergrad.Schol.(Various)

UDC-G a.Divis ion

Van Pe It, David

Various Sources-Music

Various So urces-Pharmacy

Vincent, Eleanor F.

Waycross Rotary

Winn-Dixie Stores Found.

Woman's Stud.Govt.

R.W. Woodruff

World Univ. Service

Z Club Scholarships

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

$ 250.00
3,335.00 800.00
1 ,2 0 0 .0 0
200.00 1,560.00
480.00 1,900.00
1,600.00 2,525.00 2 ,0 0 0 .0 0
200.00 950.00 125.00 2,144.00 500.00 2,435.00 600.00
498.46 5,313.00
160.00 100.00 625.20 435.00
5.58
65.00

66.00 $

$ 144.85

250.00

309.63

3,335.00

800.00

1 ,2 0 0 .0 0

2,400.00

200.00

1,560.00

480.00

1,800.00

100.00

359.29

1,600.00

2,475.00

50.00

515.00

6,727.96

200.00

950.00

125,00

1,590.00

554.00

500.00

2,535.00

632,01

600.00

200.00

60.00 (-)225.00(T)

2,210.52

5,263.00

569.36

100.00

428.24

625.20

305.00

141.98

300.00

221.20

195.00

65. Q0

TOTAL GIFTS-SCHOLARSHIPS $ 43,784.63 $ 144,790.80 $ 139,183.82 $ 1,425.00

ENDOWMENT -AWARDS

W. J. Bryan-Prizes

$

J. B. Conn&lly-Prizes

J. C. Harris Award

Geo. D. Kitzinger Award

Dan McDougald Award

Hamilton McWhorter

Isaac Meinhard

Horace B. Russell-Prize

Martin Reynolds Smith

Cecil Willcox-Prize

40.34 $ 504.74
271.79 61.37
155.99

8.04 $ 71.58 39.00 317.17 504.56 15.70 34.50 44.00 126.00 74.00

$ 100.00
39.00
504.56 32.24
126.00 31.58

TOTAL ENDOWMENT FUNDS

$ 1,034.23 $ 1,234.55 $

833.38 $

$ 47,966^.61 )

$

48.38

476.32

317.17

(-)16.54 306.29 105.37

198.41

$ 1,435.40

103

UNIVERSITY OF GEORGIA Schedule D (Continued) STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
Year

Expenditures For
Year

Transfers

Balance End
Of Year

STUDENT AID (Cont'd)

GIFTS-AWARDS

Michael Award

$

Jessie W. Sayre

Univ.Found.Award(Bert

Michael)

Univ.Found.-Fattig

Univ.Found.(R.C .WiIson)

Sears-Roebuck Award

$ 100.00
182.19 195.00
3.60

1 ,0 0 0 .0 0 $
24.70 249.00 100.00 330.80

1 ,0 0 0 .0 0 $
195.00 100.00 330.80

$ 100.00
206.89 249.00
3.60

TOTAL GIFTS-AWARDS

?

480.79 f

1,704.50 ?

1,625.80 $

$ 559.49

TOTAL AWARDS

$ 1,515.02 $ 2,939.05 $ 2,459.18 $

$ 1,994.89

TOTAL STUDENT AID

$ 56,930.67 $ 165,127.65 $ 158,583.63 $ 1,425.00

$ 62,049.69

SUB-TOTAL

$ 954,840.40 $2 .,198,850.00 $2,037,564.89 $164,631.24

$951,494.27

CONTINUING EDUCATION

Ford-Adult Educ.

$ 48,486.52 $

HEW - Media

8,533.81

Outdoor Recreation-RR Co.

St.Dept.-Educ. Res.

Whitehouse Conf.

3,768.34

Tri-Regional Workshop

(0151.10

USPH -Teach.Asst.

(-)1,500.06

7,916.00 $ 11,500.00
746.79
2,746.91

43,388.53 $

$ 13,013.99

5,546.75

2,987.06

6,421.02

5,078.98

746.79

3,768.34(A)

(-)151.10(A)

1,246.85

TOTAL CONT. EDUC.

$ 59,137.51 $ 22,909.70 $ 56,603.15 $ 3,617.24

$ 21,826.82

TOTAL RESTRICTED FUNDS

$1,013,977.91 $2 .221.759.70 $2 .094.168.04 $168,248.48

$973,321.09

TRANSFERS

To Educ. & Gen.

From Student Aid

$ 1,650.00

From Agency - Music

(-)225.00

From Rest, to Press

(-)304.10

To Ag.Ed.Rel.

(-)2,880.00

From Rest.-0.H.(40%)

34,486.16

From Rest.-0.H.(Gen.Res) 15,437.00

To Plant Fund

From Restricted

53,500.00

To Restricted

From Agency - Judging (-)1,600.00

To Cont.Educ.Surp.

From Rest.-W.H.Conf.

3,768.34

To Rest.-Tri Reg.

(-)151.10

REFUNDS

64,567.18

TOTAL

$ 168.248.48

104

* * [ *9

Schedule E

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961
Endowment Funds

Loan Funds

BALANCE OF PRINCIPAL BEGINNING OF YEAR (Including income not transferred)
ADDITIONS Income on Investments Gifts - Cash Gifts - Bonds Gifts - Stocks National Defense Education Act Transfer from University of Georgia-Lucy Cobb Transfer from Loan Funds-N.D.E.A. Transfers from Endowment Funds - N.D.E.A. Transfers from Loan Funds - Other Transfers from Endowment Funds - Other Royalties - Georgia Birds Teacher Cancellation Credit - NDEA Miscellaneous
TOTAL ADDITIONS
DEDUCTIONS Collection Costs Accrued Interest on Bonds Purchased Charges on Stocks Sold Charge Offs - Student Loans, N.D.E.A. Charge Offs - Student Loans Other Transfer to University of Georgia N.D.E.A. Transfers to University of Georgia Transfers to Other Schools Transfers to Loan Funds - N.D.E.A. Transfer to Endowment Funds N.D.E.A. Transfers to Loan Funds - Other Transfers to Endowment Funds - Other Miscellaneous
TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL END OF YEAR (Including income not transferred)
GRAND TOTAL

$2 ,834,965.29

$1,358,371.10

$ 106,445.95 28,581.04 2 ,0 0 0 .0 0 31,642.34
598.00
28,350.26
422.85 2.00
3,070.19
$ 201,112.63

$ 26,600.11 10,822.36
250,000.00 2,400.00
27,778.24 41,902.00
$ 359,502.71

$ 4,520.23 108.89
27,224.73 3,364.49
27,778.24 41,902.00
84.25 $ 104,982.83 $2 ,931,095.09

$

128.20

1,577.73

1,845.50 9,505.54 5,378.00 17,766.76 1,250.00

598.00

28,350.26

$ 66,399.99 $1,651,473.82

$4.582.568.91

105

Schedule E-l

UNIVERSITY OF GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 , 1961

Balance Beginning
Of Year

ENDOWMENT FUNDS

Fund for Advancement of Art

$ 11,344.81

Alumni Library Endowment

14,256.76

Alumni Y.M.C.A. W. H. Bocock Charles H. Brand

13,469.64 429.04
1,719.06

Charles McDonald Brown Sch.

600,194.98

Henry W. Brown Memorial

29,821.44

William J. Bryan Bernice F. Bullard

247.89 36,087.82

Elizabeth M. Bullard A. F. Churchill Memorial

29,331.95 39,261.38

Hugh Moss Comer

4,510.00

Joe Brown Connally Scholarship

2,465.53

G. V. Cunningham

R. W. McCurry D.A.R.

1,859.50

May E. Talmadge D.A.R. B.A. & T.N. Denmark End.

6,107.87 36,153.93

William Stark Denmark Mem. Eugene & Harry Dodd

20,360.77 2,019.71

Philip Feingold

1,312.26

Franklin College

118,000.00

George Rush Franklin Sch.

25,000.00

Mary J. Franklin

4,359.00

Ebb W. Gallaher Memorial

5,267.20

Georgia Birds

2,942.50

George R.` Gilmer

15,130.00

Walter J. Grace Endowment James Coffie Harris Award Harold Hirsch

1,250.00 1 ,0 0 0 .0 0
733.02

A. L. Hull Memorial

484.12

Interfraternity Council

2,150.58

Clyde L. Jr. and John King

14,675.23

George D. Kitzinger Award

11,790.07

Joseph R. Lamar Scholarship William Pendleton Lamar

25,000.00 2 0 ,0 0 0 .0 0

Landscript William A. Landis Mem.

242,202.17

Frances A. Lipscomb

2,767.79

Emma Long

720.21

Lumpkin Law School Endowment

42,791.05

Joseph H. Lumpkin

18,423.63

Charles F. McCay

350,628.62

David Knox McKamy Endowment

64,517.94

Hamilton McWhorter Award Edmund Magers Endowment Isaac Meinhard Memorial

540.33 102.79 1 ,0 0 0 .0 0

Bert Michael Prize

850.00

Thomas E. Mitchell Educational Thomas E. Mitchell-Georgia

140,925.46 50,373.42

Edward T. Comer Sch.

396,632.29

Receipts
$ 441.19 4,765.21 512.54 7.39 122.79
28,870.95 1,324.17 8.04 1,998.76 976.07 1,963.54 130.00 73.94 2,383.63 193.65 751.62 1,304.85 751.83 52.18 42.95 8,659.78 420.33 195.13 462.35 91.00 524.82 46.24 39.00 23.38 16.04 86.88 614.53 320.85 1,025.26 336.26 7,079.51 15.00 97.99 21.87 1,147.63 1,116.86
13,359.67 58,935.10
21.52 3.50
34.50 24.70 5,604.90 3,556.03 29,491.49

Disbursements

Balance End
Of Year

$ 377.97 524.39 512.54 5.91 62.79
8,832.19 1,031.11
8.04 1,284.56 27,778.24 1,287.10
42.00 73.94
53.15 230.42 1,304.85 751.83
1.31 4.20 8,659.78 420.33 195.13 230.25 3,033.50 524.82 46.24 39.00 2.63
504.33 320.85 1,025.26 336.26 7,079.51
19.14 1.58
352.50 324.86 509.76 3,402.06
15.70 3.50
34.50 24.70 5,329.82 3,096.02 17,473.22

$ 11,408.03 18,497.58 13,469.64 430.52 1,779.06
620,233.74 30,114.50 247.89 36,802.02 2,529.78 39,937.82 4,598.00 2,465.53 2,383.63 2 ,0 0 0 .0 0 6,629.07 36,153.93 20,360.77 2,070.58 1,351.01
118,000.00 25,000.00
4,359.00 5,499.30
15,130.00 1,250.00 1 ,0 0 0 .0 0 753.77 500.16 2,237.46
14,785.43 11,790.07 25,000.00 2 0 ,0 0 0 .0 0 242,202.17
15.00 2,846.64
740.50 43,586.18 19,215.63 363,478.53 120,050.98
546.15 102.79 1 ,0 0 0 .0 0 850.00 141,200.54 50,833.43 408,650.56

Schedule E-l (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

Balance Beginning
Of Year

Receipts

Disbursements

Balance End
Of Year

ENDOWMENT FUNDS (Cont'd) Thomas E.Mitchell-Coordinate C.A. AND H.B.T. Moon Pearl C. Moon Music Scholarship George F. Peabody Phelps-Stokes Fellow. B.Z. Phillips Law Schol. Albon W. Reed Memorial Religion on the Campus Henry L. Richmond Fellow. Horace B. Russell James Oliver Scaife Mem. Edward S. Shorter Hoke Smith Memorial Jennie Smith Martin R. Smith Prize Stoddard-Sutton Scholarship William Terrell Berryman T.Thompson Educ. Lamar Trotti, Jr., Scholarship Frances Clementine Tucker University Athletic Assoc. University Theatre Eleanor Ferguson Vincent J.H.R. Washington Science Cecil Willcox - Prize Cecil Willcox - Loan

$ 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 57,394.30 4,779.75 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 ,0 0 0 .0 0 2,500.00

$ 2,942.85 89.39 88.45 96.61 14.00
540.40 1,100.72
214.63 649.79 1,274.25
65.00
1,054.30 199.06
2,548.94 170.08
3,598.52 692.51 772.10 498.09
6,271.29 1,750.00
508.85 1,160.00
47.12 74.00 92.50

$ 2,492.07 12.33 12.60 96.61 14.00 68.99
600.03 26.61
649.79 40.43 65.00
323.87 2.10
2,548.94 141.99 100.00 692.51 531.09 357.09
4,112.37
160.00 44.36 74.00 92.50

$ 35,216.09 3,022.18 3,001.85 3,040.00 475.00
20,485.51 17,987.49
6,012.14 17,551.42 37,397.66
1,913.13 136.01
14,678.19 5,591.73
57,394.30 4,807.84 11,636.56
20,130.00 15,458.13 4,141.78 126,648.00
1,750.00 17,567.42
5,000.00 1,465.27 2 ,0 0 0 .0 0 2,500.00

TOTAL ENDOWMENT FUNDS

,834,965.29 $206,560.87 $110,431.07 $2 ,931,095.09

LOAN FUNDS 0. C. Aderhold Lucille Alexander Alpha Zeta Alumni Association Preston S. Arkwright R. and L. Arnold Athens Lions Club Atlanta Cotton Oil Company Atlanta Journal Atlanta Stockyards DuPree Barrett Memorial L. H. Bealle Bibb County Dawson J.D. Bolton, Jr. Memorial Charles H. Brand Mary U. Broach Charles McDonald Brown

$

677.05 $

12.59 $

$

689.64

822.49

7.45

829.94

482.93

13.02

495.95

1,725.91

56.09

5.25

1,776.75

2,122.38

60.52

2,182.90

258.67

.71

259.38

500.00

5.02

505.02

629.29

26.82

656.11

2,020.37

90.68

2,111.05

197.73

197.73

1,215.24

37.24

1,252.48

229.31

5.45

234.76

571.24

15.63

1.57

585.30

1,240.06

65.06

1,305.12

376.16

79.40

95.54

360.02

460.18 64,698.36

3.47 8,725.00

.53 13,482.33

463.12 59,941.03

107

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 Memorail C. & S. National Bank Class of 1926 0. L. Cloud Mrs. J. H. Coundman Cobb County Dawson Lucy Cobb Institute W. 0. Collins Columbia County Dawson Edward T. Comer McCarthy Crenshaw Memorial D.A.R. Memorial Elijah Clark, D.A.R. Lila N. Jelks, D.A.R. R. W. McCurry D.A.R. May E. Talmadge D.A.R. Edgar G . Dawson DeKalb County Dawson William S. Denmark Druid Hills Memorial J. C. Dukes-Agriculture J. C. Dukes - Bus. Admin. J. D. Dukes - Home Ec. Early County Dawson Dean Edmunds Memorial Fund 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 Georgia A & W.P. Railroad Georgia Bankers Association

Balance Beginning
Of Year

Receipts Disbursements

Balance End
Of Year

$ 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
15,628.74 2,847.25
821.53 542.77 1,683.34 405,190.89 902.76 1,996.00 213.04 1,957.11 1,661.67 1,658.11 104.26
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 18,337.31

$ 900.00
3.50 1,274.57
14.74 17.53 3.00 16.93 6.48 3.11 1,316.36 618.44 10.48 191.81
4.87 3,012.30
.94 18,378.46
1 ,0 0 0 .0 0 134.34 74.17 31.74 52.01 240.71
12,927.43 41.35
747.10 3.70
61.96 56.95 53.84
100.00 35.76
5.44 113.22 26.15
7.06 36.30 172.25
31.14 260.81
17.18 3,087.80

$ 289.19
954.20
.52
1,486.02 242.33 35.70
73.30
20,552.03
216.65 140.50 521.20 1,074.22
1.05 55.00 14.70
.26 5.51
15.23 1.05 1.57
311.01 5.25
232.10 1,867.33

$ 5,401.52 25.70
450.21 5,231.94
327.02 345.74 372.83 815.58 206.79 316.43 3,893.36 21,021.46 384.25 6,081.68 417.54 345.22 18,731.97
24.00 47.08 50,720.19 1 ,0 0 0 .0 0 15,763.08 2,704.77 853.27 454.28 1,402.85 417,044.10 943.06 2 ,6 8 8 .1 0 216.74 2,004.37 1,718.36 1,706.44 104.26 100.00 961.07 87.65 357.42 3,692.99 1,652.79 1,040.14 1,027.00 3 ,273.17 98.46 775.22 1,029.80 755.82 19,557.78

108

Schedule E-l (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

Balance Beginning
Of Year

LOAN FUNDS (Cont'd)

Georgia Power Company

$ 11,969.22

Girls Canning Club

5,390.35

Glynn County Dawson

298.98

Grady County Dawson Hall County Dawson

367.58 858.76

Hancock County Dawson

643.87

James C. Harris

880.01

Frank Hawkins

501.37

Harold Milton Heckman, Jr.,Mem.

85.00

A. L. Hull Memorial J. H. Hunt

18.08 156,748.10

Jasper County Dawson

342.61

Jefferson High School

Mrs. Graham Johnson

554.75

Bess D. Jones

388.08

Sallie Maude Jones

1,303.16

Junior League of Atlanta J. B. Keough

320.54 313.21

Clyde L. Jr. & John King

1,716.85

Kirkwood P.T.A.

382.69

Joseph R. Lamar Scholarship

3,071.33

Landscape Architecture

1,067.37

F. E. Lanier

44.22

Laurens County Dawson

614.33

Arthur Lucas

161.55

Joseph H. Lumpkin

1,793.38

McIntosh County Dawson

2,494.64

Macon County Dawson Mr. 6c Mrs. T. 0. Marshall

1,191.62 118.88

R. H. Martin

300.31

Meriwether County Dawson

446.61

Moina Michael

1,177.91

Miscellaneous

1,004.00

Thomas E. Mitchell-Coordinate

5,292.09

Thomas E. Mitchell - Georgia

5,880.57

Moon

250.00

Muscogee County Dawson

732.50

National Defense Educ. Act

426,331.09

R. C. Neely

176.48

C. T. Nunnally

193.79

Hubert Owens Scholarship

1,458.66

J. C. Payne

1,123.55

Phi Delta Phi

60.63

Benjamin Z. Phillips Law

1,160.57

J. T. Pittard Memorial

428.96

Clifford Pratt Memorial

950.31

Albon W. Reed Memorial Bertha Rich

270.00 192.69

Receipts
$ 380.60 133.22
10.59 15.22 4.64
7.14 7.20 510.00
5,334.40 7.79
600.00 15.30 7.12
1,849.70 .92
5.98 516.95
6.32 1,000.34
30.89
10.70 10.26 300.00 52.26 39.11
.63 19.01 15.68 18.08 1,066.72 2,601.84 3,209.33 9.39 19.88 277,858.17
1.25 45.96 66.26
570.00
27.74
1.95

Disbursements

Balance End
Of Year

$ 341.48 206.30
18.08 751.62
.52 2.63 1,552.00
.53 110.20 2 ,0 0 0 .0 0
2.10
664.06 5.25 6.30 1.05 2.10
60.00 2,232.78 3,305.72
9.39 4.72 7,821.50
9.97 1.58 465.09
.63

$ 12,008.34 5,317.27 298.98 378.17 873.98 648.51 887.15 508.57 595.00
161,330.88 349.88 600.00 567.42 395.20
1,600.86 321.46 318.66
2,123.60 389.01
2,071.67 1,096.16
44.22 625.03 171.81 1,429.32 2,541.65 1,224.43 119.51 318.27 460.19 1,135.99 2,070.72 5,661.15 5,784.18 250.00 747.66 696,367.76 176.48 195.04 1,494.65 1,188.23 60.63 1,265.48 428.96 978.05 270.00 194.01

109

UNIVERSITY OF GEORGIA Schedule E-l (Continued) STATEMENT OF TRUST FUND BALANCES BY FUNDS (Continued)

LOAN FUNDS (Cont'd) 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 Dawson-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 Lelia Bates Tye Union Bag Camp Paper Corp. Ware County Dawson Washington County Dawson Louise Wellhouse C. P. Whitehead Whitfield County Dawson Cecil Willcox Charles C. Wilson Memorial Robert Woodruff Ida Young
TOTAL LOAN FUNDS
GRAND TOTAL

Balance Beginning
Of Year
$ 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
$1,358,371.10
$4,193,336.39

Receipts

$

63.30

11.42

3.50

8.12

4.88 42.99

16.35 20.17 565.35 13.50
4.03 69.88 72.80 16.63
1.63 553.36
1.02 24.45
4,280.13 35.00
2,550.00 9.87
14.40 106.47
32.98 4.62
92.50 15.50 25.92 157.32
$359,502.71
$566,016.06

Disbursements

Balance End
Of Year

$

$ 2,047.99

1,403.83

327.86

2.62

337.46

369.55

1.57

199.76

.52

1,429.68

327.70

259.42

756.57

1,181.77

618.58

2,065.38

404.50

324.74

217.52

3,332.36

2,303.11

530.82

10.00

.53

194.23

241.01

9,140.66

300.89

1,654.63

132.91

3,672.92

18,120.05

1,411.66

2,550.00

349.56

473.67

753.62

1,349.13

665.69

257.31

199.50

479.35

201.00

6,111.45

$ 66,399.99 $1,651,473.82

$176,783.54 $4,582,568.91

110

Schedule E-2

UNIVERSITY OF GEORGIA
SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1961

ENDOWMENT FUNDS Bonds - U. S. Treasury Bonds - State and Municipal Bonds - State School Building Authority Bonds - University System Building Authority Stocks - Common Real Estate Loans - Fraternities Loan - Clarke Howell Loan - Mi Hedge Annex 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 - Sigma Delta Tau Savings Accounts Athens Federal Savings & Loan Association Loss on Sale of Bonds - Amortized
TOTAL ENDOWMENT FUNDS
STUDENT LOAN FUNDS Bonds - U. S. Treasury Bonds, State School Building Authority Bonds, University System Building Authority Stocks, Common Loans, Fraternities and Sororities Loan, Clarke Howell Loan, Mi Hedge Annex Loan, Alpha Chi Omega Loan, Tau Epsilon Phi Loan, H. H. Hinton Property Loan, Catholic Student Center Loan, North Georgia College Loans - Student Loan - Sigma Pi Savings Account Athens Federal Savings & Loan Association
TOTAL STUDENT LOAN FUNDS

Book

Market

Value_________ Va lue *

$ 494,890.00 1 0 0 ,0 0 0 .0 0 536,000.00 859,811.50 63,257.84 3,500.00 7,400.00 204,797.66 62,889.51 43,607.82 89,270.80 48,092.99 27,896.20 68,852.59 30,515.13 92,090.50 92,267.00
4,411.62 58.12
$2,829,609.28

$ 494,201.42
539,500.00 857,532.04 110,038.38
4,250.00 7,400.00 204,797.66 62,889.51 43,607.82 89,270.80 48,092.99 27,896.20 68,852.59 30,515.13 92,090.50 92,267.00
4,499.85 58.12
,777,760.01

CCMO-

$ 110,610.00 94,000.00 93,861.00 1.00 8,617.54 253.15 24,725.28 47,161.94 55,792.43 6,801.97 8,851.53 25,837.66
1,046,770.18 9,299.44

$ 110,822.15 94,562.50 90,583.60
8,617.54 253.15
24,725.28 47,161.94 55,792.43
6,801.97 8,851.53 25,837.66 1 ,046,770.18 9,299.44

3,314.16

3,380.44

$1.535.897.28 $1.533.459.81

* Book value of all loans shown as Market value.

Ill

Schedule E-2-1

UNIVERSITY OF GEORGIA
DETAIL OF ENDOWMENT FUNDS - BONDS For Year Ended June 30, 1961
Rate of Maturity

Book

Market

STATE AND MUNICIPAL BONDS Georgia, State of

$ 100,000.00 $

TOTAL STATE AND MUNICIPAL BONDS

$ 1 0 0 ,0 0 0 .0 0 $

U. S. TREASURY BONDS Coupon Bonds Series A - 1964 Treasury 3-5/8% Bonds Treasury 3-7/8% Bonds Treasury 4% Bonds Coupon Bonds

2-1/4% 4-3/4% 3-5/8% 3-7/8% 4% 2 -1/2%

6 -15 - 62 5 -15 - 64 11-15 - 67 5 -15 - 68 10 - 1 - 69 12-15-62--67

$ 2 ,0 0 0 .0 0 1 ,0 0 0 .0 0
146,500.00 167,500.00 175,390.00
2,500.00

$ 1,987.50 1,032.18
144,531.40 167,604.69 176,869.87
2,175.78

TOTAL U. S. TREASURY BONDS

$ 494,890.00 $ 494,201.42

STATE SCHOOL BUILDING AUTHORITY BONDS

Series 1953-A

3.7 %

Series 1953-A

3.7 %

9 - 1 - 70 9 - 1 - 71

$ 208,000.00 328,000.00

$ 209,040.00 330,460.00

TOTAL STATE SCHOOL BUILDING AUTHORITY BONDS

$ 536,000.00 ? 539,500.00

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

Series 1950

3%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1951

3%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1953

3-1/2%

Series 1958

4-1/2%

Series 1958

3.9 %

Series 1957

4-1/2%

10 - 1 - 70 5 - 1 - 66 5 - 1 - 67 5 - 1 - 74 5 - 1 - 75 5 - 1 - 76 5 - 1 - 77 6 - 1 - 77 5 - 1 - 78 5 - 1 - 79 5 - 1 - 80 5 - 1 - 81 5 - 1 - 82 5 - 1 - 83 11 - 1 - 76 4 - 1 - 77 11 - 1 - 77

$ 23,000.00 125,000.00 108,000.00 30,000.00 30,000.00 30,000.00 30,000.00 8,761.50 30,000.00 30,000.00 30,000.00 33,500.00 18,500.00 5,000.00 49,850.00 188,200.00 90,000.00

$ 22,080.00 127,687.50 110,160.00 29,550.00 29,400.00 29,205.00 28,836.00 7,648.79 28,620.00 28,395.00 28,200.00 31,389.50 17,371.50 4,632.50 51,594.75 189,611.50 93,150.00

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

$ 859,811.50 $ 857,532.04

TOTAL BONDS

$1,990,701.50 $1,891,233.46

112

Schedule E-2-2

UNIVERSITY OF GEORGIA
DETAIL OF ENDOWMENT FUNDS - COMMON STOCK For Year Ended June 30, 1961

COMMON STOCKS American Telephone & Telegraph Company Blanchard & Booth E. I. duPont de Nemours & Company First National Bank of Birmingham General Motors Corporation Key to America, Inc. Land Company of Florida Monsanto Chemical Company Perkins Hosiery Mills Sears, Roebuck & Company Socony Mobil Oil Company Standard Oil Company United States Steel Corporation Zenith Radio Corporation
TOTAL COMMON STOCK

284 shares ; share
50 shares 360 shares 371 shares 350 shares
5 shares 30 shares 96 shares 75 shares 162 shares 100 shares 120 shares 16 shares

Book

Market

Value__________Value

$ 11,360.20 $ 33,405.50

1.00

8,862.50

10,625.00

12,581.25

18,720.00

11,264.50

16,416.75

1,750.00

1.00

1,322.54

1,597.50

1.00

2,025.00

5,128.13

3,819.29

7,330.50

5,625.00

4,387.00

2,792.56

9,720.00

1,852.00

2,708.00

$ 63,257.84 $ 110,038.38

Schedule E-2-3

DETAIL OF STUDENT LOAN FUNDS - BONDS For Year Ended June 30, 1961

Rate of

Maturity

Book

Market

Interest______ Date___________Value__________ Value

U. S. TREASURY BONDS U. S. Treasury 3-5/8% Bonds U. S. Treasury 3-7/8% Bonds U. S. Treasury 4% Bonds
TOTAL U. S. TREASURY BONDS

3-5/8% 3-7/8% 4%

11 -15 - 67 5 -15 - 68 10 - 1 - 69

$ 3,500.00 82,500.00 24,610.00
$ 110,610.00

$ 3,452.96 82,551.56 24,817.63
$ 110,822.15

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

Series 1951

3 % 6 - 1 - 76 $ 10,972.50 $ 9,639.34

Series 1951

3 % 6 - 1 - 77

1,138.50

993.91

Series 1953

3-1/2% 5 - 1 - 67

17,000.00

17,340.00

Series 1953

3-1/2% 5 - 1 - 81

1,300.00

1,218.10

Series 1953

3-1/2% 5 - 1 - 82

11,500.00

10,798.50

Series 1953

3 -1/2% 5 - 1 - 83

25,000.00

23,162.50

Series 1958

4-1/2% 11 - 1 - 76

150.00

155.25

Series 1957

4 -1/2% 11 - 1 - 77

1 0 ,0 0 0 .0 0

10,350.00

Series 1958

3-3/4% 4 - 1 - 75

1 0 ,0 0 0 .0 0

10,075.00

Series 1958

3.9 % 4 - 1 - 77

6,800.00

6,851.00

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

$ 93,861.00 $ 90,583.60

STATE SCHOOL BUILDING AUTHORITY BONDS

Series 1953-A

3.7 %

Series 1953-A

3.7 %

9 - 1 - 70 9 - 1 - 71

TOTAL STATE SCHOOL BUILDING AUTHORITY BONDS

TOTAL BONDS

$ 57,000.00 37,000.00
$ 94,000.00 $ 298.471.00

$ 57,285.00 37,277.50
$ 94,562.50
$ 295.968.25

113

UNIVERSITY OF GEORGIA

Schedule E-2-4

DETAIL OF STUDENT LOAN FUNDS - COMMON STOCK For Year Ended June 30, 1961

COMMON STOCKS Pittsburg Placer Gold Mine Company 200 shares

$_______ 1.00 $

TOTAL COMMON STOCKS

$

1.00 $

Schedule E-3

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS For Year Ended June 30, 1961

Endowment Funds

Loan Funds________ Totals

RECEIPTS Investments Realized Loan - Univ. of Ga. Buildings Clarke Howell Mi Hedge Annex H.H. Hinton Property Parsons Apartments Alpha Chi Omega Alpha Epsilon Pi Alpha Tau Omega Chi Phi Chi Psi Phi Delta Theta Sigma Chi Sigma Pi Tau Epsilon Phi Loan - Catholic Center Loan - North Georgia College Loans - Fraternities & Sororities Bonds Matured and/or sold Loss on sale of bonds - amortized Loans - Student Stocks - Sold
TOTAL INVESTMENTS REALIZED
Income from Trusts Interest on Bonds Interest on Savings Accounts Dividends Interest on Univ. of Ga. Buildings Clarke Howell Mi Hedge Annex H.H. Hinton Property Parsons Apartments Alpha Chi Omega Alpha Epsilon Pi Alpha Tau Omega Chi Phi Chi Psi Phi De lta Theta Sigma Chi Sigma Pi Tau Epsilon Phi

$ 7,916.28 155,772.71
45,995.32 1,000.94 1,582.17 852.36 561.17 1,147.41 668.30 1,893.56
2,050.00 361,890.00
1,679.99
4,766.94

$

9.80

45,814.80

861.87

1,082.60

1,486.91 1,122.33
611.97 1,179.24 22,119.63 41,610.00
78,679.16

$ 7,926.08 201,587.51 861.87 45,995.32 2,083.54 1,582.17 852.36 561.17 1,147.41 668.30 1,893.56 1,486.91 1,122.33 611.97 1,179.24 24,169.63 403,500.00 1,679.99 78,679.16 4,766.94

$587,777.15 $194,578.31 $ 782,355.46

$ 72,427.43 171.62
3,333.32

$ 10,515.31 128.69

$ 82,942.74 300.31
3,333.32

6,381.43 3,552.76
1,641.11 2,007.28 4,088.38 2,202.54 1,280.58 3,150.00 1,389.58 4,229.29

7.88 1,248.95
218.13 2,171.12
313.09 2,561.16

6,389.31 4,801.71
218.13 1,641.11 4,178.40 4,088.38 2,202.54 1,280.58 3,150.00 1,389.58 4,229.29
313.09 2,561.16

114

UNIVERSITY OF GEORGIA

Schedule E-3 (Continued)

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (Continued)

Endowment Funds

Loan Funds

Total

RECEIPTS (Cont'd)

Income from Trusts (Cont'd)

Interest -Catholic Student Center

$

Interest - North Georgia College

Interest - Fraternities and Sororities

Interest - Student Loans

Rents

$ 425.86 $ 810.51

410.63

746.96

7,226.95

180.00

225.50

425.86 810.51 1,157.59 7,226.95 405.50

TOTAL INCOME FROM TRUSTS

$106,445.95 $ 26,600.11 $ 133,046.06

FUND TRANSFERS To - N.D.E.A. From - N.D.E.A. To - Other From - Other
NET TRANSFERS
Miscellaneous Gifts National Defense Education Act Lucy Cobb - Transfer from U. of Ga. Royalties - "Georgia Birds" Withdrawal from Savings Accounts Sale of Rights Profit on Sale of Stocks Teacher Cancellation Credit - NDEA
TOTAL MISCELLANEOUS
TOTAL RECEIPTS
Cash Balance July, 1, 1960
TOTAL RECEIPTS AND CASH BALANCE

$ 598.00 27,778.24 28,350.26 41,902.00
1)40,731.98

$ 27,778.24 598.00
41,902.00 28,350.26
$ 40,731.98

$ 28,376.24 28,376.24 70,252.26 70,252.26
$

$ 28,581.04
422.85 15.70
416.08 2,654.11
2.00
$ 32,091.78
$685,582.90
38,577.35
$724,160.25

$ 1 0 ,8 2 2 .3 6 250,000.00 2,400.00
$263,222.36 $525,132.76
164,520.16 $689,652.92

$ 39,403.40 250,000.00 2,400.00 422.85 15.70 416.08 2,654.11 2.00
$ 295,314.14
$1 :,210,715.66
203,097.51
$1,413,813.17

DISBURSEMENTS Investments Bonds Purchased Stocks Purchased Loans - Students Loan - Sigma Delta Tau Deposited in Savings Accounts

$492,890.00 2,043.23
92,267.00 171.62

$110,610.00 437,237.00
128.69

$ 603.500.00 2,043.23
437.237.00 92,267.00 300.31

TOTAL INVESTMENTS

$587,371.85 $547,975.69 $1 ,135,347.54

115

Schedule E-3 (Continued)

UNIVERSITY OF GEORGIA

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS (Continued)

DISBURSEMENTS (Cont'd) Expenses of Trust Accrued Interest on Bonds Purchased Costs on Stocks Sold Collection Costs-Student Loans Transfers to Univ. of Georgia Transfers to Other Schools Transfers to Univ. of Ga., N.D.E.A. Miscellaneous
TOTAL EXPENSES OF TRUST
TOTAL DISBURSEMENTS
Cash Balance June 30, 1961
TOTAL DISBURSEMENTS & CASH BALANCE

Endowment

Loan

____Junds_______ Funds

Total

$ 4,520 .23 108 .89
27,224 .73 3,364 .49 84 .25
$ 35,302 .59 $622,674 .44 $101,485,.81 $724,160,,25

$ 1,577 .73 128 .20
17,766 .76 1,250,.00 5,378,.00
$ 26,100,.69
$574,076..38
$115,576..54 $689,652.,92

$ 6 ,097 .96 108,.89 128,.20
50 ,369,.49 4 ,614,.49
84..25
$ 61,t403..28
$1 ,196,,750..82
$ 217,,062.,35
$1 ,413,,313, 17

116

Schedule F

UNIVERSITY OF GEORGIA
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Julv 1.1960

CURRENT FUNDS General Restricted-General Auxiliary Cont.E d .-Restricted C o n t .E d .-Educ.& Ge n .

$1,014,215.62 954,840.40 714,551.32 59,137.51 294,624.84

TOTAL CURRENT FUNDS

$3,037,369.69

AGENCY FUNDS

$ 580,756.70

PLANT FUNDS

$1,759,166.29

TRUST FUNDS Endowment Loan

$ 38,577.35 164,520.16

TOTAL TRUST FUNDS

$ 203,097.51

TOTALS

$5,580,390.19

SUMMARY Cash in Transit-Off Campus Centers C & S National Bank, Athens National Bank of Athens Cash on Hand University Sys. Bldg. Authority Cash on Hand Temporary Investments Temporary Investments

GRAND TOTAL

Receipts
$ 7,052,321.14 2,203,859.10 2,356,330.85 22,909.70 1,357,203.60
$12,992,624.39 $ 2,888,075.69 $ 1,594,782.86
$ 685,582.90 525,132.76
$ 1,210,715.66 $18,686,198.51
20,110.03 444,414.28

Disbursements

Cash Balance June 30. 1961

$ 7,169,097.80 2,207,205.23 2,557,733.63 60,220.39 1,267,779.60
$13,262,036.65
$ 2,878,901.92
$ 1,577,798.85

$ 897,438.96 951,494.27 513,148.54 21,826.82 384,048.84
$2 .,767,957.43
$ 589,930.38
L ,776,150.30

$ 622,674.44 574,076.38

$ 101,485.81 115,576.54

$ 1,196,750.82 $ 217,062.35

$18,915,488.24 _$5..351.100.46

$ 48,281.00 217,062.35 130,299.75 22,337.77

464,524.31 4,468,595.28
$5.351.100.46

117

Schedule G

UNIVERSITY OF GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Air Flight Instruction Air Force-Special Alpha Chi Omega Alpha Epsilon Pi Alpha Gamma Rho Alpha Delta Phi Alpha Tau Omega Alumni Society Army Flight Inst. Art Auction Art Exhibit Art Folio Athletic Assoc. Athens Civitan Club Barnes, Ronald D. Breakage-General Bus.Operations Acct. Chemistry Breakage Chi Omega Chi Phi Fraternity Chi Psi Rents CPA Society Commemorative Plates Conf. Improv. Inst.-Ag. Community Concerts Commutations (Military) Conference & Institute College Quiz Bowl Cosmopolitan Club Danforth Chapel Committee DeGarde, Ronald Delta Kappa Gamma Delta Delta Delta Delta Phi Epsilon Ellinson, Don T. Faculty Flowers Farm Short Course
Forestry Camp Founders Mem.Garden Georgia RR Bank Gift for Pharmacy John Hancock Ins.-Reserve Hardman, James H. Hirsch Hall Fund Hodgson Dinner Home Economics Home Ec .Schoo1 Lunch Home Management Hopkins, Lindsey Industrial Arts Interfraternity Council Intramural

Cash Balance Julv 1. 1960 Receipts

Cash Balance Disbursements Transfers June 30.1961

$

$ 4,589.20 $ 4,589.20 :$

$

897.19

723.71

173.48

1,089.16

9,163.50

8,220.18

2,032.48

837.89

7,435.90

7,414.57

859.22

1,437.08

3,718.50

4,066.50

1,089.08

225.00

225.00

427.39

4,794.50

4,611.14

610.75

80.00

80.00

3,428.54

3,428.54

2,205.46 3.71

2,734.43 99.00

1,329.80 81.69

3,610.09 21.02

71.00

71.00

10.00

10.00

1.96

1.96

1,510.00

1,510.00

23,139.20

23,139.20

1,401.66

3,708.05

3,744.49

1,365.22

5,949.95

5,949.95

150.00

150.00

3,923.70

4,732.00

6,780.95

1,874.75

348.00

5,727.00

4,973.41

1,101.59

168.49

166.64

1.85

857.88

857.88

1,381.56

5,100.00

4,785.81

1,695.75

722.43

2 ,2 0 0 .0 0

1,720.00

1,202.43

45,294.41

38,666.90

83,772.66

188.65

15,490.91

173,329.42

171,017.11

17,803.22

480.55

480.55

10.29

10.29

31.55

7.00

38.55

375.00

375.00

4.75

4.75

75.00

75.00

75.00

75.00

1,400.00

1,400.00

18.14 12,527.87
1,324.97

26.79 8,928.11 1,906.91

29.27 6,793.81
1,799.51

( 760.00(T) (1,600.00(T)

15.66 12,302.17
1,432.37

61.70

37.00

25.00

73.70

273.00

273.00

128.66

54.18

74.48

45,045.06

43,972.00

41,822.76

47,194.30

300.00

300.00

76.98

35.00

41.98

242.23

15.33

226.90

278.68

292.00

457.61

113.07

343.41

343.41

502.50

14,457.00

14,311.89

647.61

500.00

500.00

1,609.36

1,969.75

2,214.10

1,365.01

4,890.58 150.07

20,167.32 7,584.61

21,663.76 6,682.49

3,394.14 1,052.19

118

UNIVERSITY OF GEORGIA Schedule G (Continued) STATEMENT OF AGENCY FUNDS (Continued)

Cash Balance July 1. 1960

Cash Balance Disbursemgjig_g_= __Tjyyig.fers June 30.1961

Journalism Deans Funds

$ 433.92 $

6.35 $

143.90 $

Kappa Alpha

83.49

8,775.00

8,986.19

Kappa Kappa Gamma

375.00

375.00

Kappa Alpha Theta

75.00

75.00

Kappa Delta

75.00

75.00

Kappa Psi

510.34

4,053.12

4,425.25

Laundry

8,134.33

114,312.29

112,992.02

Lectures

679.30

1,500.00

807.04

Little, Ilah Dunlap

600.00

7,500.00

8 ,0 0 0 .0 0

Massey, David

300.00

300.00

Military Deposits

18,101.29

142,605.49

140,830.67

McConne11, Rob t . E .

329.94

329.94

Military Account Fee

4,801.73

4,425.21

7,186.46

Model Fees

4.36

Mortar Board

290.52

1,082.35

1,033.51

Movie Project

4,001.60

1,998.00

1,551.98

Music

4,862.12

108.23

2,939.88 ^.18 - M i

Music Key Deposit

50.00

National Guard Assn.

500.00

500.00

National Educ. Assn.Dodd

750.00

750.00

Odonnell, Joan

350.00

350.00

Panhellenic Council

2,297.34

5,938.05

6,017.73

O'Leary, John M.

750.00

750.00

PhD. Thesis

731.80

90.50

275.00

Pharmacy Deans Fund

1,105.50

5.00

82.47

Pharmacy History

143.86

2.87

146.73

Phi Delta Theta-Rents

739.05

8,914.50

8,497.08

Phi Delta Theta-Bldg.Fund

20.00

40.00

40.00

Phi Delta Theta-Operations

911.71

1,650.00

1,873.23

Phi Epsilon Pi

1,007.10

1,007.10

Physics Breakage

61.30

61.30

Pi Kappa Alpha

65.00

2,923.50

2,858.50

Portrait Account

182.20

Poultry Science Club

65.00

65.00

President's Fund

282.45

5.00

176.28

Public Occasions

46.50

46.50

Religious Activities

1,022.72

7,590.00

6,717.59

Reserve for Red & Black

1,094.66

Radio Corp. of America

100.00

Sales Tax - An.Husbandry

5.48

19.55

22.18

Sales Tax-Bureau Bus.Rsch.

1.69

16.98

15.80

Sales Tax-Cont.Educ.

5,231.19

15,302.86

13,617.25

Sales Tax-Creamery

269.41

2,921.57

2,871.60

Sales Tax - Dining Halls

363.07

4,223.58

4,086.45

Sales Tax - Forestry

18.76

23.25

23.56

Sales Tax - Horticulture Sales Tax - I.F.C. Sales Tax - Inst.Law & Govt.

56.99 1.93

294.81 91.57 41.37

287.88 90.13 40.14

Sales Tax - Meat Curing

166.44

359.23

316.71

$ 296.37 (-)127.70
138.21 9,454.60 1,372.26
100.00
19,876.11
2,040.48 4.36
339.36 4,447.62
50.00
2,217.66
547.30 1,028.03
1,156.47 20.00
688.48
130.00 182.20
111.17
1,895.13 1,094-66
100.00 2.85 2.87
6,916.80 319.38 500.20 18.45 63.92 1.44 3.16 208.96

119

UNIVERSITY OF GEORGIA

Schedule G (Continued)

STATEMENT OF AGENCY FUNDS (Continued)

Cash Balance Julv 1.1960 Receipts

Disbursements

Cash Balance Transfers June 30.1961

Sales Tax-Military Sales Tax-Press Sales Tax-Printing Sales Tax - Student Center Sales Tax-Univ.Stores Sales Tax-Univ.Theatre Sesquicentenial Shorter 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 Act.-General Student Clubs Student Faculty Teas Student Fund Deans Office Student Papers Student Center Study of Ga. Negro Sullivan, Geo. R. Tau Epsilon Phi Frat. Towel Deposit Traffic Fine Typing Vet. Thesis Univ. Band Univ. Found.-Sta.Wagon Univ. Theatre Vet. Medicine Library Villavicencio, R. Voc. Rehab. W. S. Ga. Fund Workshop Zeta Tau Alpha

$

15.18

62.07

41.93

13.28

3,686.38

3.98

910.44

358.34

733.97

166.00

929.49

272.53

(-)1,121.13

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

$ 1,528.16 94.77
510.50 47.41
15,010.97 134.70
1,610.90 300.00
8,361.63
4,455.00 5,902.00 1,121.13 2,847.00 6,226.75 180,175.25 3,199.00
5,000.86 30,198.00
90.00
746.17 6,849.50 2,974.15 37,538.63
5,133.25 854.95
6,886.69 77.00
741.50 746.05 115.00 450.00

$ 1,482.32 83.76
262.00 46.08
14,232.33 131.14
1,963.96 591.92
7,816.75
5,384.49 5,838.19
568.51 155.41 6,517.34 171,920.58 3,176.00
7,157.79 30,259.00
3,436.02
746.17 4,132.04 3,440.25 42,125.05
3,940.62 771.30
3,732.88 197.45 250.00 741.50
1,145.86 30.95
450.00

$
(-).oi .01
3,108.00(T)

$

61.02

73.08

290.43

14.61

4,465.02

7.54

557.38

66.42

1,278.85

166.00

336.34 (-)568.51 33,910.15 2,722.83 51,981.67
327.50

336.55 3,974.82 5,434.13
175.00

3,667.20 1,651.89 19,586.87
279.71 1,197.65
756.56 8,922.37
282.29

345.65 400.49 572.36

Sub-Total

$369,882.99 $1,045,220.67 $1,076,721.37 $7,498.47

Retirement - Teachers Retirement - Employees Social Security Withholding Tax - U.S. Withholding Tax - State

$ 37,909.97 22.20
46,807.87 115,202.95
10,930.72

336,382.66 266.40
413,622.11 1,026,898.73
65,685.03

329,882.21 266.40
397,262.78 1,009,285.40
57,985.29

Totals

$580,756.70 $2,888,075.60

*Transfers to:

Plant Funds

$

Educ. & General S.Sch.

Educ.& Gen.Music Fees

Educ.& Gen.Ag.Dean

Educ.& Gen.Traffic Fines

1,600.00 225.00
1,805.07 760.00
3.108.00

$ 7.498.07
120

$2,871,403.45

$7,498.47*

$330,883.82
44,410.42 22.20
63,167.20 132,816.28
18,630.46
$589,930.38

Schedule H

UNIVERSITY OF GEORGIA
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance, July 1, 1960
ADDITIONS Miscellaneous Rents - General Fire Loss Total Miscellaneous
Gifts Kappa Sigma USPH Science Center Calloway Found, for Art Phi Epsilon Pi Sigma Delta Tau Tau Epsilon Phi Pi Kappa Alpha
Total Gifts
Sale of Equipment & Property
Interest on Temporary Investments Science Center Bldg. Auth. General
Total Interest
Board of Regents Allocations Baldwin Hall
Total Regents
Transfer from Educational & General For Lucy Bishop House For Vet. Path. Swine Barn For Plant Op. Equipment For Plant Op. Repairs For Creek & Legion Property For Old College Repairs For Vet. Med. Annex (Restricted) For Music - Repairs For Lands - Tan Yard Branch For Old College - Equipment For Academic Bldg. - Equipment For Psychology Lab. For Academic Repairs For Barrow Hall For Terrell Hall For Fine Arts - Center For Lumpkin House For Fine Arts Bldg. - Repairs For Urban Renewal For Moore College
Total Transfer from Educ. & Gen.

For Plant Addit ions
$1,759,166.29

For Debt Service
$

Total $1,759,166.29

$ 17,899.83 $ 1,863.22
$ 19,763.05 $
$ 33,848.42 $ 2,308.00 2 ,0 0 0 .0 0
18,723.05 47,108.00
400.00 60.50
$ 104,447.97 $
$ 3,435.78 $
$ 15,621.51 $ 173,437.50
$ 189,059.01 $
$ 128,000.00 $ $ 128,000.00 $
$ 15,000.00 $ 5,980.20
28,000.00 26,676.00
9,000.00 6,710.00 53,500.00 1 ,0 0 0 .0 0 25,000.00 5,950.00 10,500.00 7,000.00 29,500.00 2 ,0 0 0 .0 0 37,500.00 17,000.00 6,500.00 2 ,0 0 0 .0 0 1 0 0 ,0 0 0 .0 0 3,000.00 $ 391,816.20 $

$ ______ $

17,899.83 1,863.22
19,763.05

$ 33,848.42 2,308.00 2 ,0 0 0 .0 0
18,723.05 47,108.00
400.00 60.50
$ 104,447.97
$ 3,435.78

$ 15,621.51 173.437.50
$ 189,059.01

$ 128,000.00 ______ $. 128,000.00

$ 15,000.00 5,980.20
28,000.00 26,676.00
9,000.00 6,710.00 53,500.00 1 ,0 0 0 .0 0 25,000.00 5,950.00 10,500.00 7,000.00 29,500.00 2 ,0 0 0 .0 0 37,500.00 17,000.00 6,500.00 2 ,0 0 0 .0 0 1 0 0 ,0 0 0 .0 0 3,000.00 $ 391,816.20

121

UNIVERSITY OF GEORGIA

Schedule H (Continued)

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

For Plant Additions

For Debt Service

Total

ADDITIONS (Coat'd) Transfers from Auxiliary Ent. For Debt Service For Soule Hall Repairs For Brown Hall Equip. For Auxiliary Reserves For H.H.F.A. - Dorms For Milledge Hall - Equip. For Terrell Hall )Ptg. Air Cond. Total Transfers from Auxiliary Ent.

$ 44,000.00 23,000.00 136,370.44
100,000.00
27,000.00 5,000.00
$ 335,370.44

Transfers from Trust Funds Sigma Delta Tau
Total Transfer from Trust Funds

$ 92,267.00 $ 92,267.00

TOTAL ADDITIONS

$1 .264.159.45

DEDUCTIONS LAND Baxter Street Lumpkin Street Total Land

$ 93,670.27 13,301.70
$ 106,971.97

BUILDINGS & ADDITIONS TO BLDGS. Gilbert Mem. Infirmary - State Kappa Sigma House Kellogg Ctr. Cont. Educ. Surplus Sigma Delta Tau Kellogg Ctr. Kellogg Science Center - Chem. Etc. Kellogg Ctr.-Other Stegeman Hall - Band House LeConte Hall Lumpkin House Phi Epsilon Pi Vet. Path. Swine Lab Plant Operations Garage-State
Science Center - Library State Dept. Educ. T.V. Studio Terrell Hall Science Center - B.A.
Total Buildings & Additions to Bldgs.

$

555.20

24,805.95

7,618.51

96,191.65

84,630.36

56,102.55 2,589.40

12,500.00

25,797.87

6,254.07

14,266.76

5,980.20

9,404.98

36,722.74

3,102.92

62,633.54 101,549.70

$ 550,706.40

IMPROVEMENTS OTHER THAN BUILDINGS Gas Main N.Campus Electrical Distribution System Heating System - Stegeman Creek Legion Property Landscaping Science Center Lustrat House - Landscaping Total Improv. other than Bldgs.

$

643.54

3,797.13

59,314.09

9,000.00

61,980.71

3,000.00

$ 137,735.47

$330,623.41
$330,623.41 $ $ $330.623.41 $ $ $
$ $
$

$ 330,623.41 44,000.00 23,000.00 136,370.44 100,000.00 27,000.00 5,000.00
$ 665,993.85
$ 92,267.00 $ 92,267.00
$1 .594.782.86

$ 93,670.27 13,301.70
$ 106,971.97

$

555.20

24,805.95

7,618.51

96,191.65

84,630.36

56,102.55

2,589.40

12,500.00

25,797.87

6,254.07

14,266.76

5,980.20

9,404.98

36,722.74

3,102.92

62,633.54 101,549.70

$ 550,706.40

$

643.54

3,797.13

59,314.09

9,000.00

61,980.71

3,000.00

137,735.47

122

-P y-
VM:L Sri 1

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UNIVERSITY OF GEORGIA Schedule H (Continued) STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

For Plant Additions

For Debt Service

Total

DEDUCTIONS (Cont'd) EQUIPMENT Academic Chapel Draperies Fine Arts Draperies Plant Operations Old College Law School - Other Science Center Student Center Science Center Building Auth. Instructional - State Modern Language St. Dept. Cont. Ed. - Equip. Vet. Mied. Equip. Total Equipment

$ 8,652.71 $ 267.00 488.37
55,264.25 1,843.15 424.30
169,377.08 340.00
32,284.01 596.71
14,414.00 35,775.17
1,604.07 $_ 321,330.12 $

$ 8,652.71 267.00 488.37
55,264.25 1,843.15 424.30
169,377.08 340.00
32,284.01 596.71
14,414.00 35,775.17
1,604.07 $ 321,330.82

REPAIRS Academic - Other Baldwin Hall - State Barrow Hall - Annex Clark Howell - Other Military Bldg.-State Moore College - State Old College - Other Moore College - Other Music Dept. - Other Psychology Lab - Other Science Lab - Other Vet Med. Incinerator Total Repairs

$ 18,597.43 $ 24,155.12 2,000.00 977.75 2,699.96 1,426.07 5,210.00 6,109.15 1,000.00 5,633.24 697.15 2,540.17
71,046.04 $

$ 18,597.43 24,155.12 2,000.00 977.75 2,699.96 1,426.07 5,210.00 6,109.15 1,000.00 5,633.24 697.15 2,540.17
$ 71,046.04

TOTAL DISBURSEMENTS
TRANSFERS To Trust Funds To. Univ. System Bldg. Auth. Total Transfers

$1 ,187,790.70 _ J ____________ $1,187,790.70

$ 42,384.74 17,000.00
i_ 59,384.74

$ 109,918.80
$109,918.80

$ 42,384.74 126,918.80
$ 169,303.54

DEBT SERVICE Interest on Indebtedness Indebtedness Retired Total Debt Service
TOTAL DEDUCTIONS
Balance, June 30, 1961

$
E
$1,247,175.44 i i ,776,150.30

$ 11,191.02 209,513.59
$220,704.61

$ 11,191.02 209,513.59
$ 220,704.61

$330.623.41* $1 .577.798.85

$

$1 ,776,150.30

*Rent H.H.F.A. Dorms

$109,918.80

Int. Reg. Amortization 11,191.02 Prin. Reg. Amortization70.183.98 81,375.00

Special Amortization

139,329.61

Total

$330*.62 3*.41

123

UNIVERSITY OF GEORGIA

Schedule H-l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS

For Year Ended June 30, 1961

M'

Balance July 1.1960

Receipts

Transfers

Balance Disbursements June 30, 1961

LAND Baxter Street
H.H.F.A. Lumpkin Street
Urban Renewal TOTAL LAND

514.30 $ 4,870.14 5,582.29
$ 10,966.73 $

$ 20,300.00(U) 72,035.00(U) 2,350.00(U)
29.000. 64(U) 10.000. 00 (T) 12 ,530.00(U) 100,000.00(EG) $246,215.64

93 ,670,.27

1 ,529.,03 4 ,870.,14

13 ,301,.70

43 ,811..23

100 ,000..00

106 ,971,.97 $ 150 ,210..40

BUILDINGS

Alpha Chi Omega

$

50.00

$

50..00

Architects Fees

1,821.59

1 ,821..59

Architects Fees-Sci.Ctr.

11,152.14

11 ,152,.14

Gilbert Mem.Inf.-State

3,652.47

555 .20

3 ,097,.27

Kappa Sigma House

6,278.82 33,848.42

24 ,805 .95

15 ,321..29

Kellogg CtrTCont.Ed.Surp. 16,357.97

7 ,618,.51

8 ,739,.46

Kellogg Ctr.Kellogg

84,630.36

84 ,630 .36

Kellogg Ctr.Museum

3,053.14

(-)3,053.14(T)

Kellogg Ctr.Other

3,053.14(T)

2 ,589,.40

463,.74

LeConte Hall

27,000.00

25 ,797 .87

1 ,202..13

Lumpkin House Omega Tau Sigma House

110.00

6,500.00(EG)

6 ,254,.07

245,.93 110,.00

Phi Epsilon Pi

18,723.05

14 ,266 .76

4 ,456,.29

Pi Kappa Alpha

310.50

60.50

371,.00

Plant Oper.Garage-State

25,900.71

9 ,404 .98

16 ,495,.73

Sci.Ctr.Chem.,Etc.

30,671.05 70,000.00 20,000.00(T)

56 ,102 .55

64 ,568,.50

S e i .C t r .Library

36,722.74

36 ,722 .74

Sigma Delta Tau

47,108.00 92,267.00(TR)

(-)10,000.00(T)

96 ,191 .65

33 ,183,.35

State Dept.Ed.-TV Studio

6,937.13

(-)3,500.00(T)

3 ,102 .92

334,.21

Stegeman Hall - Band House

12,500.00(U)

12 ,500 .00

W

Tau Epsilon Pi

400.00

400,.00

Terrell Hall

60,000.00

5,000.00(AX>

22,500.00(EG)

15,000.00(EG)

62 ,633 .54

39 ,866,.46

Vet.Med.Annex

61,000.00

53,500.00(EGR)

114 ,500,.00

Vet.Path.Swine Lab.

5,980.20(EG)

5 ,980 .20

Warehousing-State

17,334.00

17 ,334,.00

TOTAL BUILDINGS

$ 392,982.62 $170,139.97 $219,747.20

A. 449 ,156 .70 $ 333 ,713,.09

IMPROVEMENTS OTHER THAN BUILDINGS

Athletic Fence

$ 1,106.03 $

Creek Legion Property

Gas Main

643.54

Heating System-Stegeman

88,000.00

Landscap.Tan Yard Br.

Landscap.Serv.Sci.Ctr.

73,886.76

Lustrat-Little(Landscape) 3,000.00

No.Campus Elec.Distr.Sys.

3,797.13

Tennis Courts

14,000.00

TOTAL IMP.OTHER

$ 184,433.46 $

$

$

9,000.00(EG)

25,000.00(EG)

$ 34,000.00

$ 9 ,000 .00
643 .54 59 ,314 .09
61 ,980 .71 3 ,000 .00 3 ,797 .13
137,735.47$

1 ,106,.03
28 ,685,.91 25 ,000,.00 11 ,906..05
14 ,000 .00 80 ,697 .99

124

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HsInw
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UNIVERSITY OF GEORGIA Schedule H-l (Continued) STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (Continued)

Balance July 1.1960

Receipts

Transfers

Balance Disbursements June 30. 1961

EQUIPMENT

Academic

$

$

$ 3,000.00(EG) $

7,500.00(EG)

Ar t.Dept.Inte r-com.

2,000.00

Band-Other

254.80

Brown Dorm.

23,000.00(AX)

Chapel Draperies

267.00

Fine Arts Draperies

488.37

Law School-Other

937.18

Modern Language

35,521.00

Old College

2,450.00(EG)

3,500.00(EG)

Plant Operations

49,717.82

28,000.00(EG)

Science Center

257,221.55 30,000.00 (-)20,000.00 (T)

State Dept.Cont.Ed.-Equip . 33,934.06

3,500.00(T)

Student Center

1,404.28

Vet.Medicine

726.50

944.0 (U)

Mi H e d ge Hall

27,000.00(AX)

H.H.F.A. Dorms

100,000.00(AX)

State: Instructional

7,809.09

TOTAL EQUIPMENT

$ 388,281.65 $ 32,000.00 $178,894.00

$

$ 8,652.71
267.00 488.37 424.30 14,414.00
1,843.15 55,264.25 169,377.08 35,775.17
340.00 1,604.07
596.71 289,046.81 $

1,847.29 2,000.00
254.80 23,000.00
512.88 21,107.00
4,106.85 22,453.57 97,844.47
1,658.89 1,064.28
66.43 27,000.00 100,000.00
7,212.38 310,128.84

REPAIRS

State

Architects Fees

$

Baldwin Hall

Elec.Engr.Fees

Military Bldg.

Moore College

Vet.Med.Incinerator

Other

Academic

Barracks Barrow Hall Annex Bishop House Candler Hall Clark Howell Fine Arts Moore College Music Dept. Old College

Payne Hall Plant Operations

Psychology Lab.

Science Lab.

Soule Hall

TOTAL REPAIRS

$

48.67 $

$

$

128,000.00

341.57

3,612.47

1,426.07

4,193.75

12,000.00(EG)

17,500.00(EG)

6,195.71

2,000.00(EG)

15,000.00(EG)

1,956.75

4,258.67

7,000.00

2,000.00(EG) 3,000.00(EG)

1,000.00(EG)

1,500.00(EG)

2,707.92

5,210.00(EG)

2,926.00(EG)

23,750.00(EG)

2,213.99

7,000.00(EG)

44,000.00(AX)

33,955.57 $128,000.00 $136,886.00

$

$ 24,155.12
2,699.96 1,426.07 2,540.17

48.67 103,844.88
341.57 912.51
1,653.58

18,597.43 2,000.00
977.75 6,109.15 1,000.00

10,902.57 6,195.71
15,000.00 1,956.75 3,280.92 2,000.00 3,890.85

5,210.00

1,500.00 2,707.92

5,633.24 697.15
71.046.04 $

26,676.00 1,366.76 1,516.84
44,000.00 227.795.53

125

UNIVERSITY OF GEORGIA Schedule H-l (Continued) STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS (Continued)

TOTAL DISBURSEMENTS Transfer to Trust Transfer from Aux. Ent,
Transfer to Bldg.Auth. TOTAL EXPENSE
Unexpended Plant Funds TOTAL PLANT FUNDS

Balance Julv 1. 1960 Receipts Transfers
$1,010,620.03 $330,139.97 $815,742.84

Balance Disbursements June 30. 1961
$1,053,956.99 $1,102,545.85

$

$

$ 42,384.74

42,384.74

$

$

(-)$194.000.00(AX)

330,370.44(AX)

$ 136,370.44

$

$ 2,308.00 $ 17,000.00(EG) $ 19,308.00 $

$1,010,620.03 $332,447.97 $1,011,498.02 $1,115,649.73 $1,238,916.29

$ 68,117.75 196,636.33(-)192,044.38 *
$1.078.737.78 $529.084.30 $819.453.64

$

$ 72,709.70

$1.115.649.73 $1.311.625.99

EG - Transfer from Educ. & Gen.

$338,316.20

EGR- Transfer from Educ. & Gen. Rest. 53,500.00

AX - Transfer from Auxiliary

335,370.44

TR - Transfer from Trust

92,267.00

U - Unexpended

-0-

T - Transfers

-0 -

$819.453.64

AIf.iii
WD v'A *>
tn A

126

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V^\
V
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Schedule H-2

UNIVERSITY OF GEORGIA
SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1961

INVESTMENT IN PLANT JULY 1, 1960

ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs Not Capitalized Expended from Educational & General Expended from Continuing Education Expended from Auxiliary Enterprises Expended by University System Bldg. Auth.

$1,187,790.70 71,046.04

TOTAL ADDITIONS

TOTAL INVESTMENTS IN PLANT JULY 1, 1960, PLUS ADDITIONS

DEDUCTIONS DURING YEAR Plant Funds

TOTAL DEDUCTIONS

INVESTMENT IN PLANT JUNE 30, 1961

DEDUCT: PLANT INDEBTEDNESS Due to University of Georgia Trust Funds Equity of University System Building Auth.

$1,116,744.66 627,638.73 19,371.90 45,625.98
2,712,581.93
$ 3,435.78
$ 904,314.41 9,645,924.88

$39,746,803.71
4,521,963.20 $44,268,766.91
3,435.78 $44,265,331.13
10,550,239.29

NET INVESTMENT IN PLANT

$33.715.091.84

127

Schedule H-3

UNIVERSITY OF GEORGIA
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Year

Investment

Acauired Beeinnine of Yr. Additions

Deductions

A. LAND

Franklin Campus

37 Acres

1804 $

13 Acres

1937-38

13 Acres(Jackson St.) 1937-42

7 Acres (Prince Ave.) 1949

2 Lots Law & Grad.Dormi. 1955

1 Lot Hull Street

1955

H.H.F.A.

1959

College of Ag.150 Acres

1928

Coordinate Campus 18 Acres

Baxter Street

1960

Lumpkin Street

1960

Urban Renewal

1961

TOTAL CAMPUS

$

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

93,670.27

38,857.26

2,160.50

13,301.70

579,834.19 $ 106,971.97 $ 2,160.50

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

$ 662,912.50 $ 106,971.97 $ 2,160.50

B. BUILDING

Franklin Campus

Academic

1904 $ 180,270.01 $

$

Alpha Epsilon Pi

1958

139,867.00

Alpha Tau Omega

1959

74,646.00

American Legion Property 1955

78,344.00

Art Classroom

1948

24,144.35

Athletic Office

1929

1,000.00

Baldwin Hall

1938

287,872.74

Boiler Room

1948

2,565.00

Brown Dorm

1932

150,000.00

Industrial Arts

1948

29,622.05

Candler Hall

1901

101,356.71

Chape1

1855

40,000.00

Chemistry Annex

1948

48,360.44

Clark Howell

1937

46,888.00

Clark Howell Wings

1951

283,638.33

Comme rce-Journa1ism

1927

524,646.12

Continuing Education

1955

Costa Building

25,146.25

Chi Phi House-Lumpkin St.,1956

30,000.00

Chi Psi House-Lumpkin St.,1960

98,757.96

Demosthenian Hall

1824

15,000.00

Denmark Hall

1901

50,000.00

Investment 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 45,600.00 159,322.84 36,696.76 13,301.70
$ 684,645.66

$

7,500.00

32,650.00

17,570.00

2,500.00

9,000.00

13,858.31

$ 83,078.31

$ 767,723.97

$ 180,270.01 139,867.00 74,646.00 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 98,757.96 15,000.00 50,000.00

128

* i 0f
* iiv

UNIVERSITY OF GEORGIA Schedule H-3(Continued) STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acquired Beginning of Yr. Additi ons

B. BUILDINGS (Cont'd)

Franklin Campus (Cont'd) Field House A Field House B Fine Arts Art Center Garage & Shop

1929 $ 1929 1941 1960 1942

2,000.00 1,000.00 365,200.00 104,035.58 13,811.38

$
654,222.61 9,404.98

Grad.Dorm. (K.A.House) 1940

70,600.00

Greenhouse

1948

H.H.F.A. Dorms

1958

Hirsch Law

1932

Hawkes House-Hu11 St.

1956

Infirmary (Gilbert)

1942

Kappa Sigma

1961

Language & Letters(Park H)1938

Law & Grad.Dorm.(Bldg.A) 1957

LeConte Hall

1937

Library-Peabody(Art M.) 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

Ida 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

1913

Phi Epsilon Pi

1961

Phi Delta Theta

1955

Phi Kappa Hall

1834

Printing Shop

1951

Waddell Hall

1807

Reed Hall(Bldg.Auth.)

1953

Residence-325 Jackson 1937-42

Residence-365 Jackson 1942

Residence-375 Jackson 1937-42

Residence-385 Jackson 1937-42

Residence-393 Jackson 1937-42

Residence-297 Jackson 1937-42

Science Center

1955-58

19,038.59 988,463.83 175,522.48
7,700.00 279,213.79
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 13,920.71

1,557,850.90 555.20
24,805.95 25,797.87
6,254.07
14,266.76

Deductions

Investment End of Year

2 ,000.00

1,000.00

365.200.00

758,258.19

23,216.36

70.600.00

19,038.59

2.546.314.73

175,522.48

7.700.00

279,768.99

24.805.95

148.000. 00

366,678.62

121,097.87

160,681.96

70.042.95

18,082.14

43,137.34

800.00

1 1 ,0 0 0 .0 0

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

14,266.76

112,693.00

10.0 00. 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

13,920.71

129

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acquired Beeinnine of Yr. Additions

Deductions

BUILDING (Cont'd)

Franklin Campus (Cont'd)

Sci.Center Library

1960 $ 35,077.26 $ 36,722.74 $

Sci.Center-Chemistry

1958 2,399,325.49

(56,102.55

(10,042.51

Sci.Cente r-An.Sci.

1958 1,139,431.14

6,698.05

Sci.Center-Physics

1958 1,512,415.91

3,945.67

Sci.Center-Math-Geo1./Geo'.1958 1,373,833.98

565.28

Sci.Center-Bio.Sci.(BA) 1958 2,732,185.97

430,893.51

Sci.Center-Biological

80,298.19

Sci.Center-FoodTech.(BA) 1958

1,242,209.70

7,998.89

Sigma Delta Tau

1961

96,191.65

Stegman Hall

1943

438,665.09

Stegman Hall

1953-58

224,334.91

Stegman Ha 11-Band House 1961

12,500.00

Storeroom-Jackson

1938

2,000.00

Law-Institute

1856

12,802.48

Sigma Chi

1956 -58-59

140,756.75

Tau Epsilon Phi

1956

92,550.00

Terrell Hall

1904

90,000.00

62,633.54

Woodruff Hall

1924

75,000.00

Warehouse-Bookhouse

1955

4,466.00

Warehouse-Jackson St.

1951

6,000.00

Lumpkin St.Property 1952-58

322,194.33

TOTAL FRANKLIN CAMPUS

$22 ,168,757.09 $3,097,750.92 $

President's Garage

1956 $ 2,000.00 $

$

President's House

117,876.82

TOTAL PRESIDENT'S HOME

$ 119,876.82 $

$

College of Agriculture

Extension Annex

1940 $ 50,000.00 $

$

Barracks (Fain) A

1942

60,000.00

Barracks (Dudley) B

1942

30,000.00

Barracks (Griggs) C

1942

30,000.00

Barrow Hall

1911

75,000.00

Barrow Hall Annex(BA)

1955

94,225.25

Alpha Chi Omega

1955

152,254.44

Barrow Hall Shop

1936

8,000.00

Boiler House C

1948

9,000.00

Cafeteria(Snelling)

1940

133,000.00

Camp Wilkins

1925

40,000.00

Conner Hall

1908

200,000.00

Dairy Products

1930

120,716.00

Dawson Hall

1932

187,035.85

Field House

1943

54,336.61

Forestry

1940

122,000.00

Garage Near Poultry Bldg.,1913

200.00

Garage Near 1195 Lumpkin

200.00

Investment End of Year

$ 71,800.00 2,465,470.55

1,146,129.19 1,516,361.58 1,374,399.26 3,163,079.48
80,298.19 1,250,208.59
96,191.65 438,665.09 224,334.91
12,500.00 2,000.00
12,802.48 140,756.75
92,550.00 152,633.54
75,000.00 4,466.00 6,000.00
322,194.33

$25,266,508.01

$

2,000.00

117,876.82

$ 119,876.82

$ 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

130

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acquired Beginning of Yr. Additions

Investment Deductions End of Year

BUILDINGS (Cont'd)

College of Agriculture 1[Cont'd)

Garage, Plant Op .

1960 $ 15,999.29 $

$

Greenhouse(Veg.&Flowers) 1914

5,300.00

Greenhouses(Research)

1948

46,227.01

Hardman Hall

1919

45,000.00

Hoke Smith Ext.

1938

78,300.00

Home Management A

1940

15,000.00

Home Management B

1940

15,000.00

Home Management C

1940

15,000.00

Home Management D

1940

15,000.00

Kellogg Center

1954-55 3,027,746.02

94,838.27

T.V.Studio-State Dept. Ed.1960

Laundry

1942

7,712.87 30,500.00

3,102.92

Dry Cleaning Plant

1942

4,500.00

Boiler Room

1942

4,000.00

Gas House

1942

500.00

Repair Shop

1942

500.00

Lumpkin Hall

1829-1960

25,000.00

Myers Hall(Bldg.Auth.) 1953

1,313,889.41

Mary Lyndon Hall

1937

102,400.00

Mary Lyndon Hall

1954

32,800.00

Nursery School

1940

35,000.00

Physical Education

1929

153,262.76

Poultry Disease

1953-54

3,795.89

Residence-223 Burnett St.1929

1,000.00

Residence-225 Burnett St.1929

1,000.00

Residence-245 Burnett St.1929

1,000.00

Livestock Shelter ROTC Classroom

1948

4,999.99 15,390.00

Rutherford Hall

1939

143,500.00

Rutherford Hall

1954

20,000.00

Sheep Barn

1953-54

5,028.17

Shop Grounds

2,000.00

Shop-Vet.Housing Soule Hall

1955 1919

5,787.79 125,000.00

Vet Clinic #1

1948

18,000.00

Vet Clinic #2

1948

12,015.20

Vet. Medicine

1948-53 1,885,286.76

Vet. Path.-Swine Lab.

1961

Warehouse, Vet.Housing 1958

12,212.21

5,980.20

Warehouse #1 on R.R.

1948

9,000.00

Warehouse #2 on R.R.

1948

9,000.00

Warehouse

1952

22,000.00

Warehouse Office-Pl.Op . 1958

70,666.00

TOTAL COLLEGE OF AGRICULTURE

$ 8,721.287.52 $ 103,921.39 $

$ 15,999.29 5,300.00
46,227.01 45,000.00 78,300.00 15,000.00 15,000.00 15,000.00 15,000.00 3,122,584.29 10,815.79 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 ljooo.oo 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 5,980.20 12,212.21 9*000.00 9*000.00 22*000.00 70*666.00
$ 8,825.208.91

131

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acauired Beginning of Yr. Additions Deductions

Investment End of Year

B. JILDINGS (Cont'd)

irms

2 Houses, Potato Curing Ag.l941$

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

Garage & Shed-Hort

1936

5 Dwellings-Hort

1944

Machine Shed & Shop-Hort.,1938-39

Nursery Bldg.-Forestry

Residence B-Near Dairy Barn 1912

Office-Hort

1935

Storage Shed-Hort

1941

Sweet Potato House-Hort. 1942

Veg.Grading House

1943

Watson Springs

Storage House-Forestry 1933

House-Forestry

1933

Store House#2-Forestry 1933

Whitehall

Barn-Agronomy

1936

Dwe1ling-Agronomy

1936

Field Shed-A-Agronomy

1936

Field Shed-B-Agronomy

1936

Storage House-Agronomy 1936

Storage House-Agronomy 1936

Tenant House-A-Agronomy 1936

Tenant House-B-Agronomy 1936

Tenant House-C-Agronomy 1936

Tenant House-D-Agronomy 1936

Tool House(Large)Agron. 1936

Tool House(Small)Agron. 1936

Barn A-An.Husb.

1936

Barn B-An.Husb.

1936

Barn-Feed & Scales

1936

4 Hog Houses

1936

5 Hog Houses

1936

2 Tenant Houses

1936

2 Tenant Houses

1936

Barn, Brick-Forestry

1936

Dwelling, Brick-Forestry 1936

Barn, Dairy-Animal

1915

Barn, Hog-Animal Husb.

Barn, Horse-Animal Husb.

Barn, Isolation-An.Husb. 1923

Barn, Mu le-An.Husb.

1934

Bullpen - An.Husb.

1934

Implement Shed-A n .Hu sb. 1920 Office-Foremen's-An.Husb,.1927

400.00 $ 680.00
50.00 200.00 400.00 1,000.00 300.00 600.00 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

$

$

400.00

680.00

50.00

200.00

400.00

1,000.00

300.00

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

132

A; i 1 *
fl
V iff

UNIVERSITY OF GEORGIA

Schedule H-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acquired Beginning of Yr^.,,Additions_____ Deductlgag--

Investment End of Year

B. BUILDINGS (Cont'd)

Farm (Cont'd)

Whitehall (Cont'd)

Residence A-Carlton Ave.

$

600.00 $

$

Residence B-Carlton Ave. 1915

600.00

Residence Duplex-An.Hus. 1912

Residence A-Near Dairy B .1912

Residence C-Neary Dairy B .1915

Residence-Near Railroad 1909

Scale Shed-An.Hush.

1929

1,200.00 900.00 900.00
2,500.00 250.00

1 Brooder House,16x18 1940

1,100.00

1 Brooder House, 18x16 1940

1,200.00

1 Brooder, 16 x 46 1 Brooder, 16 x 18 6 Brooder Houses,14x16

1940 1940 1940

600.00 250.00 1,200.00

6 Brooder Houses,12x14 1940 3 Brooder Houses,15x16 1940

900.00 525.00

3 Brooder Houses,16x20 1940 2 Brooder Houses,20x20 1940

600.00 450.00

1 Brooder & Inc.Bldg. 1 Brooder House,24x11

1940 1943

8,000.00 5,000.00

1 Feed & Lab.Bldg.

1942

7,000.00

Grading & Packing-Poultry 1942

800.00

Killing & Dressing-Poul.

3,000.00

59 Laying Test Bldg.12x14

14,750.00

3 Laying Houses 20x50

3,000.00

1 Laying House 20x50

400.00

6 Laying Houses 14x24 1 Laying House 12 x 14

1,800.00 200.00

10 Range Houses 11x12

350.00

1 Residence-Poultry

3,000.00

Hardeman Main Forest Dwellingl936

400.00

Barn-Forestry

1936

100.00

Oconee 6c Denmark Barn-Hort.1936

2,000.00

House #l-Forestry

1936

600.00

House #2-Forestry

1936

450.00

House #3-Forestry

1936

500.00

House #4-Forestry

1936

450.00

Shed-Forestry

1936

300.00

Barn-Poultry

1936

2,000.00

Dwelling A-Poultry

1936

4,000.00

Dwelling B-Poultry

1936

1,400.00

Garage-Poultry

1936

20.00

Laying House 24x110

1936

1,200.00

Laying House 20x130

1936

1,200.00

20 Range Houses 10x10

1936

400.00

4 Range Houses 22 x 34 1936

300.00

Remodeled Poultry House 1936

1,200.00

Shop-Poultry

1936

20.00

Smokehouse-Poultry

1936

40.00

TOTAL FARMS

$ 171,270.00 $

TOTAL INVESTMENT IN BUILDINGS $31,181,191.43 $3,201,672.31 $

$

600.00

600.00

1 ,2 0 0 .0 0

900.00

900.00

2.500.00

250.00

1 . 100.00 1 , 200.00

600.00

250.00
1,200.00

900.00

525.00

600.00

450.00

8 ,000.00

5.000. 00

7.000. 00

800.00

3 .0 0 0 . 00

14,750.00
3 ,000.00

400.00

1,800.00

200.00

350.00

3.000. 00

400.00

100.00

2 . 0 0 0 . 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.PC

$34.382.863.74

UNIVERSITY OF GEORGIA Schedule H-3(Continued) STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

l Beeinnine of Yr Additions

Investment Deductions End of Year

IMPROVEMENTS OTHER THAN BLDGS.

Athletic Fence

1958 $

Creek Legion Property 1961

Streets & Sidewalks

Landscaping Sci.Center 1958

Lighting System

Heating System

Water System

Landscap.Lustrat House

Landscap. President's Home

Pastures & Fences

Tennis Courts

Paving Parking Lots

Gas Mains

Stadium Wall

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

$ 9,000.00 61,980.71 3,797.13 59,314.09 3,000.00
643.54

$ 23,893.97 9,000.00
433,217.53 189,091.95 125,730.42 435,590.30
15,000.00 3,000.00
13,095.19 6,942.20
49,500.00 13,500.00 32,937.00 5,000.00

TOTAL IMPROVEMENTS OTHER

$ 1,217,763.09 $ 137,735.47 $

$ 1,355,498.56

D. EQUIPMENT

Adminis trat ive

$ 137,064.67 $ 23,941.52 $

$ 161,006.19

Physical Plant

259,243.38

95,523.28

599.28

354,167.38

Library

1,751,461.58

182,385.21

1,933,846.79

Library (Bldg.Auth.)

129,407.08

129,407.08

Law-Grad.Dorm.(Bldg.Auth.)1958

12,182.25

12,182.25

Instructional Dept.

2,298,479.13

( 32,284.01

518.00

2,731,096.78

(400,851.64

Instructional Dept.(Bldg.Auth.)

278,701.76

61,616.02

340,317.78

Organized Research

609,617.60

166,042.76

775,660.36

Extension & Public Service

158,467.84

2,991.16(T)

173,284.96

11,825.96

Dormitories

305,893.73

24,934.59

330,828.32

Dormitories

203,900.90

203,900.90

Dining Halls

117,735.62

8,826.63

126,562.25

President's House

16,305.90

16,305.90

Printing

59,138.98

1,947.15

61,086.13

Press

2,991.16

2,991.16(T)

Bookstore

76,532.36

3,418.30

158.00

79,792.66

Storeroom

8,070.50

8,070.50

V.R.A.

2,773.42

2,773.42

Farm

46,628.01

46,628.01

Cow Testing

1,261.79

1,261.79

Continuing Education

88,261.39

55,147.07

143,408.46

Continuing Education-State Dept

6,415.94

6,415.94

Student Center-Mem.Ha11

60,254.44

4,203.95

64,458.39

Phi Delta Theta

7,252.26

7,252.26

Band

17,827.50

17,827.50

Chapel Organ

29,067.50

29,067.50

Student Health

2,635.36

2,635.36

TOTAL EQUIPMENT

$ 6,684,936.69 $1,078,574.61 $ 4,266.44

$ 7,759,244.86

TOTAL INVESTMENT IN PLANT

$39,746,803.71 $4.524.954. 134

$ 6.426.94

$44,265,331.13

y&
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it 1 i 4
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J14
iJ * 1
Ml

PART III UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
Athens, Georgia
Schedule I - Schedule 0-3
135

Schedule I

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
BALANCE SHEET June 30, 1961

I. CURRENT FUNDS A. GENERAL Cash in Bank Accounts Receivable(Air Travel TOTAL GENERAL

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED

TOTAL CURRENT FUNDS

II. 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 4-H Club - Dublin Equipment TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

ASSETS

$ 189,348.18 425.00

$ 189,773.18

$ 72,123.99 1,905.58

74,029.57 $ 263,802.75

80,556.83

26,967.91

2,225.90

$2,203,140.80 326,290.77 296,087.96

2,825,519.53 2,827,745.43
$3.199.072.92

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UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule I

BALANCE SHEET June 30, 1961

LIABILITIES

I. CURRENT FUNDS A. GENERAL Reserve for Repairs & Replacements Surplus TOTAL GENERAL

Rock Eagle

$ 94,729.54 95,043.64

$ 189,773.18

B. RESTRICTED

Fund Balance TOTAL RESTRICTED

$ 74,029.57

74,029.57

TOTAL CURRENT FUNDS

$ 263,802.75

II. AGENCY FUNDS Fund Balance

80,556.83

III.

RESERVE-INSURANCE Fund Balance

26,967.91

IV. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 2,225.90

B. EXPENDED Invested in Plant

2,825,519.53

TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

2,827,745.43 $3.199.072.92

137

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule J

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Department of Agriculture TOTAL STATE OF GEORGIA

General Income

Restricted Income

Total Income

$ 160,987.70 $ 160,987.70

$1,501,012.30 7,000.00
$1,508,012.30

$1,662,000.00 7,000.00
$1,669.000.00

Counties Clarke Various - Cooperative TOTAL COUNTIES

$ 1,181,652.60
$1,181,652.60

United States

Smith-Lever

$

Smith-Lever - Special Needs

Rural Development

Consumer Education

Egg Marketing

Dairy Marketing

Cotton Ginning

Cotton Marketing Education Service

Forestry Marketing

Marketing Information & Statistics

Seed Marketing

Agricultural Research Service

TOTAL UNITED STATES

$

GIFTS AND GRANTS

Georgia Crop Improvement Ass'n

$

Georgia Institute of Genetics

S.E. Aromatic Tobacco Co.

Tennessee Valley Authority

University of Georgia Foundation

TOTAL GIFTS AND GRANTS

$

INTEREST Interest on Temporary Invest.

$ 3,505.66

SALES AND SERVICES Cow Testing Rock Eagle 4-H Center Camp Wahsega TOTAL SALES AND SERVICES

$ 333,580.00
$ 333,580.00

OTHER

Visual Aid - For Supplies

$

TOTAL OTHER

$

TOTAL INCOME

$1.679.725.96

$ 5,970.00 36,924.41
$ 42,894.41
$2,040,072.00 19,200.00 60,995.17 8,588.49 5,601.55 7,738.95 5,065.11 18,000.00 9,674.16 5,004.55 4,904.23 4,958.26
$2,189,802.47
$ 6,535.00 675.00
3,415.00 28,218.66
3,700.00 ? 42,543.66
$
$ 4,837.60
5,000.00 $ 9,837.60
$ 1,296.25 $ 1,296.25
$3..794.386.69

$ 5,970.00 1,218,577.01
$1,224.547.01
$2,040,072.00 19,200.00 60,995.17 8,588.49 5,601.55 7,738.95 5,065.11 18,000.00 9,674.16 5,004.55 4,904.23 4,958.26
$2,189,802.47
$ 6,535.00 675.00
3,415.00 28,218.66
3,700.00 $ 42,543.66
$ 3,505.66
$ 4,837.60 333,580.00 5,000.00
$ 343,417.60
$ 1,296.25 $ 1,296.25
$5.474.112.65

138

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Schedule K

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF CURRENT EXPENSES For Year Ended June 30, 1961

_____ __________________________

Fund Classification________

general

Restricted ~

Object Classification____________

Salaries

Operating

and

Supplies and

Wages

Expenses Ean-inmpr^

A. EDUCATIONAL & GENERAL EXTENSION State Offset $ State Non-Offset 135,221.61 County Offset County Non-Offset 1,181,652.60 Fe d .Smith-Leve r & Spec.Needs Research Marketing Ag.Research Survey Tennessee Valley Auth. Visual Aid Corn Meal Enrich. Cow Testing State Dept.ofAg. Other Non-Offset Rock Eagle Center 272,441.86 Camp Wahsega Un.of Ga.Found. Rural Devel.-Fed. Ga.Crop Imp.Assn. Cotton Mktg.Ed.Serv.

$1,491,035.22 9,977.08
36,924.41
2,058,045.19 44,799.19 5,000.00 26,346.25 1,354.17 4,496.00 5,157.29 5,300.00 9,414.58
4,067.75 3,700.00 46,952.97 6,492.08 11,059.14

$1,255,177.68 25,442.42 27,079.45
811,824.80
2,001,985.62 39,356.56 3,650.04 25,450.14
18.00 5,300.00 4,089.96 90,364.03 2,538.62 3,700.00 45,601.20 5,850.12 9,306.69

$235,857.54 119,756.27 ' 9,844.96
362,524.62
28,655.62 5,442.63 1,328.70 896.11 1,303.85
5,098.69
5,034.71 179,928.01
1,529.13
1,276.77 641.96
1,752.45

$
7,303.18 27,403.95
21.26 50.32 4,496.00 40.60 289.91 2,149.82
75.00

TOTAL CURRENT EXP.$1.589.316.07 $3.770.121.32 $4.356.735.33 $960.872.02 $41.830.04

139

Schedule L

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance Beginning
Of Year

Income For
Year

Corn Meal Enrichment

$ 5,157.10

Cow Testing

1,336.47

Counties for Matching

Research Marketing

3,882.96

Smi th -Leve r-Fe dera 1

State for Matching

Tennessee Valley Authority

(-)3,736.25

Visual Aid

9,330.71

Smith-Lever-Federal-Special Needs

666.67

State Department of Agriculture

(->162.47

Agricultural Research Service

Camp Wahsega

1,549.96

Rural Development-Federal

7,798.16

University of Georgia Foundation

State Funds Not Used for Offset:

Economics & Marketing

Entomology Survey

Ga. Crop Improvement Ass'n-For Matching 132.39

Non-Offset Funds

20,420.45

Cotton Marketing Education Serv.-Fed.

1,482.47

$ 4,837.60
36,924.41 46,577.04 2,040,072.00 1,491,035.22 28,218.66
1,296.25 19,200.00
7,000.00 4,958.26 5,000.00 60,995.17 3,700.00
5,384.81 4,592.27 6,535.00 10,060.00 18,000.00

TOTAL - OPERATIONS OF RESTRICTED

FUNDS

$ 47.858.62 $3.794.386.69

Expenditures For
Year

Balance End
Of Year

$ 4,496.00 5,157.29
36,924.41 44,799.19 2,040,072.00 1,491,035.22 26,346.25
1,354.17 17,973.19
5,300.00 5,000.00 4,067.75 46,952.97 3,700.00

$ 661.10 1,016.78
5,660.81
(->1,863.84 9,272.79 1,893.48 1,537.53 (->41.74 2,482.21
21,840.36

5,384.81 4,592.27 6,492.08 9,414.58 11,059.14

175.31 21,065.87
8,423.33

$3.770.121.32 $ 72.123.99

140

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule M

STATEMENT OF AGENCY FUNDS AND RESERVES For Year Ended June 30, 1961

B a lance Beginning
Of Year

Receipts For
Year

Disbursement For
Year

Balance End
Of Year

AGENCY Federal - Withholding State Teachers Retirement Federal Retirement Rock Eagle Project Federal Social Security Withholding Tax - State
TOTAL AGENCY

$27,623.30 12,133.08 18,441.59 1,637.95 5.209.63 2.079.64
$67.125.19

$413,544.00 168.185.26 233.392.26 6,246.30 43,755.60 17,344.31
$882.467.73

$406,601.25 166,430.94 232,566.26 5,075.62 43,291.41 15,070.61
$869.036.09

$34,566.05 13,887.40 19,267.59 2,808.63 5,673.82 4,353.34
$80.556.83

RESERVE John Hancock

$27,608.19 $ 17,234.19

TOTAL RESERVE

$27.608.19 $ 17.234.19

TOTAL AGENCY AND RESERVE

$94.733.38 $899.701.92

Schedule N

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

$ 17,874.47 $ 17.874.47 $886.910.56

$26,967.91 $26.967.91 $107.524.74

Cash Balance Julv 1. 1960 Transfers

Adjusted Cash Balance Julv 1. 1960

Receipts For Year

Disbursements Cash Balance For Year June 30.1961

CURRENT FUNDS

m

General $118,938.29 $(-)20,000.00 $ 98,938.29 $1,679,725.96 $1,589,316.07 $189,348.18

Rest.

47,858.62

47,858.62 3,794,386.69 3,770,121.32 72,123.99

TOTAL CURRENT FUNDS $166,796.91 $(->20,000.00 $146,796.91 $5,474,112.65 $5,359,437.39 $261,472.17

AGENCY FUNDS $ 67,125.19 $

$ 67,125.19 $ 882,467.73 $ 869,036.09 $ 80,556.83

ReserveInsurance $ 27,608.19 $
PLANT FUNDS $ 5,659.29 $

$ 27,608.19 $ 17,234.19 $
(1) $ 5,659.29 $ 20,000.00 $

17,874.47 $ 26,967.91 23,433.39 $ 2,225.90

TOTAT.S

$267.189.58 $(->20.000.00 $247.189.58 $6.393.814.57 $6.269.781.34 $371.222.81

BANK BALANCES

Citizens and Southern National Bank, Athens, Georgia

$371.222.81

(1) Transferred to Plant Funds $20,000.00

141

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE

Schedule 0

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$ 5,659.29

TRANSFERS: From Rock Eagle - Researve Rock Eagle Repair
TOTAL TRANSFERS

$20,000.00

2 0 .000.0 0

TOTAL TO BE ACCOUNTED FOR

$25,659.29

DEDUCTIONS: Buildings, Dublin Buildings, Rock Eagle Repair, Rock Eagle

$ 2,178.00 (->24.95
21,280.34

TOTAL DEDUCTIONS

23,433.39

BALANCE, JUNE 30, 1961

$ 2.225.90

Schedule 0-1

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance Beginning
Of Year

Receipts For
Year

Disbursements Balance

For

End

Year

Or Year

BUILDINGS AND REPAIR Rock Eagle - Repair Rock Eagle - 4-H Camp Negro 4-H Camp - Dublin

$3,011.03 375.09
2,273.17

$20,000.00

$21,280.34 (->24.95 2,178.00

$1,730.69 400.04 95.17

TOTAL BUILDINGS & REPAIR

$5.659.29 $20.000.00 $23.433.39 $2.225.90

Schedule 0-2

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1960

VALUE AS OF JUNE 30, 1960

$2,781,536.44

ADDUTIONS DURING YEAR: Expended from Plant Funds Less: Repairs - Not Capitalized Expended from Educational and General

$23,433.39 (->21,280.34

$ 2,153.05 41,830.04

INCREASE IN PLANT DURING YEAR

43,983.09

VALUE AS OF JUNE 30, 1961

$2.825.519.53

142

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Schedule 0-3

UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

BUILDINGS Rock Eagle
Negro 4-H Camp
TOTAL BUILDINGS EQUIPMENT
Extension Service TOTAL INVESTED IN PLANT

Year

Investment

Investment

Acauired Beeinnine of Yr. Additions Deductions End of Year

1953 1954 1955 1956 1956 1958 1959 1960 1954 1955 1956 1957 1958 1959 1960

$1,174,015.04 801,961.10 186,064.88 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
$2,527,278.52

$
2,178.00 $ 2,178.00

$ 24.95
$24.95

$1,174,015.04 801,961.10 186,064.88 19,862.91 16,439.72 3,629.12 1,192.98 (->24.95 785.18 37,212.73 94,282.08 169,144.25 19,998.29 2,690.24 2,178.00
$2,529,431.57

$ 254,257.92 $2,781,536.44

$41,830.04 $44,008.04

$ $24.95

$ 296,087.96 $2,825,519.53

143

PART IV UNIVERSITY OF GEORGIA EXPERIMENT STATION - GENERAL
Athens, Georgia
Schedule P - Schedule R
145

Schedule P

UNIVERSITY OF GEORGIA EXPERIMENT STATIONS - GENERAL
BALANCE SHEET June 30, 1960
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand & In Banks Temporary Investments
TOTAL CURRENT ASSETS
TOTAL ASSETS

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

LIABILITIES

$ 1,521.75 10.000.00 $11,521.75 $11,521.75
$11,521.75 $11,521.75 $11,521.75

146

UNIVERSITY OF GEORGIA EXPERIMENT STATIONS - GENERAL

Schedule Q

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted Income

Total

EDUCATIONAL & GENERAL PUBLIC APPROPRIATIONS
State of Georgia Regular Operations

$66,794.00 $

$66,794.00

TOTAL INCOME

$66,794.00 $

$66,794.00

Schedule Q-l

STATEMENT OF CURRENT EXPENDITURES

Administration General
TOTAL ADMINISTRATION
TRANSFERS: To Fort Valley

Fund Classification General Restricted

Object Classification

Salaries

Operating

And

Supplies and

Waees

Expense Eauipment

$55,609.50 $ $55,609.50 _ ! ______

$33,395.51 $33,395.51

$21,235 3 9 $21,235.39

$978.60 $978.60

$ 8,198.81

TOTAL TRANSFERS

$ 8,198.81

TOTAL DISBURSEMENTS

$63.808.31

Schedule R

STATEMENT OF CHANGES IN CASH BALANCES

CURRENT FUNDS General

Cash Balance

Cash Balance

Julv 1. 1960 Receipts Disbursements June 30.1961

$8,536.06 $66,794.00 $63,808.31 $11,521.75

BANK BALANCES

National Bank of Athens, Athens, Georgia

$11.521.75

PART V UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION
Athens, Georgia
Schedule S - Schedule W-l
149

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATION

Schedule S

BALANCE SHEET June 30, 1961

I. CURRENT FUNDS A. GENERAL Cash on Hand & In Banks
TOTAL GENERAL
B. RESTRICTED Cash on Hand and In Banks
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash on Hand & In Banks
B. EXPENDED Land Buildings Improvements Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

ASSETS

$ 37.899.49 $ 37,899.49
4.204.31 $ 42,103.80

$ 1,512.31

$112,843.06 360,119.28 37,299.90 467,071.43

977,333.67 978,845.98
$1.020.949.78

LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS

$ 1,901.83 35,997.66

$ 37,899.49

B. RESTRICTED Fund Balances

4,204.31

TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances Contracts Negotiated TOTAL UNEXPENDED
B. EXPENDED Invested in plant

$ 42,103.80 $ 42,103.80
$ 349.49 1,162.82
1 1,512.31
977,333.67

TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

978,845.98 $1.020.949.78

150

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

Schedule T

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961
General Income

Restricted Income

Total

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

$149,763.00 $
$149,763.00 $
$ 7,098.30 67,087.08 73,933.99 72,338.79
$220,458.16 $

$149,763.00
$149,763.00
$ 7,098.30 67,087.08 73,933.99 72,338.79
$220,458.16

RENTS Americus Nursery Northwest Branch - Calhoun Southeast Branch - Midville Southwest Branch - Plains
TOTAL RENTS

$ 400.00 $ 540.00 540.00 540.00
$ 2,020.00 $

$ 400.00 540.00 540.00 540.00
$ 2.020.00

GIFTS & GRANDS USDA - For Americus Nursery
TOTAL GIFTS AND GRANTS
TOTAL EDUCATIONAL AND GENERAL

$ 40,000.00 $ $ 40,000.00 $ $412,241.16 $

$ 40,000.00 $ 40.000.00 $412,241.16

151

Schedule U

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30,1961

EDUCATIONAL AND GENERAL Staff Benefits

Fund Classification

General

Restricted

$ 3,983.06 $

Obiect Classification

Salaries

Operating

and

Supplies and

Waees

Exnense sESaauslsnemSeanetteM!

$ 3.983.06 $

$

RESEARCH General Americus Nursery Northwest Branch Southeast Branch Southwest Branch G.M.C. Branch

$ 51,393.92 43,724.23 94,995.04
102,571.43 101,833.68

$ 10,795.69

$ 43,446.56 24,907.44 31,410.12 36,842.50 33,132.42 3,129.03

$ 5,837.11 15,495.42 51,883.58 49,722.64 50,549.76 4,161.74

$ 2,110.25 3,321.37
11,701.34 16,006.29 18,151.50 3,504.92

TOTAL RESEARCH
TOTAL EXPENDITURES
TRANSFERS TO: PLANT FUNDS

$394,518.30 $398,501.36
7,750.00

$10,795.69 $10,795.69

$172.868.07 $176,851.13

$177,650.25 $177,650.25

$54.795.67 $54,795.67

TOTAL TRANSFERS

$ 7.750.00

TOTAL EXPENSE

$406.251.36

Schedule V

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Restricted
PLANT FUNDS
TOTALS

Cash Balance Julv 1. 1960

Receipts

Cash Balance Disbursements June 30.1961

$31,909.69 15,000.00
7,724.24
$54.633.93

$412,241.16
8,099.49 $420.340.65

$406,251.36 10,795.69
14,311.42
$431.358.47

$37,899.49 4,204.31
1,512.31
$43.616.11

BANK BALANCE National Bank of Athens, Athens, Georgia

$43.616.11

152

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ill

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

Schedule W

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Funds For Plant
Additions

BALANCE, BEGINNING OF YEAR

$ 7.724.24

ADDITIONS Fire Lues (Calhoun)

$ 349.49

TOTAL INCOME

$ 349.49

TRANSFERS FROM: Educational & General
TOTAL ADDITIONS & BEGINNING BALANCE

$ 7.750.00 $15,823.73

DEDUCTIONS Land

$ 7,679.75

Buildings N.W. Georgia Auditorium S.E. Georgia Auditorium & Office

440.47 6.191.20

TOTAL DEDUCTIONS

$14,311.42

BALANCE, END OF YEAR

$ 1.512.31

Funds For Debt
Service

Total

?

$ 7,724.24

$

$ 349.49

$

$ 349.49

7.750.00

$

$15,823.73

$

$ 7,679.75

440.47 6.191.20

$

$14,311.42

$

$ 1.512.31

153

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

Schedule W-l

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

LAND
BUILDINGS N.W. Georgia Auditorium S.E. Georgia Auditorium & Office
TOTAL BUILDINGS
Sub-Total
Unexpended Balance
TOTAL PLANT FUNDS

Cash Balance

Cash Balance

July 1. 1960 Receipts Disbursements Transfers June 30.1961

$

$ 7,679.75 $7,750.00EG $ 70.25

$1,094.02 $ 6,630.22
$7,724.24 - $ $7,724.24 $
349.49 $7,724.24 $349.49

$ 440.47 $ 6,191.20
$ 6,631.67 $ $14,311.42 $7,750.00
$14,311.42 $7,750.00

$ 653.55 439.02
$1,092.57
$1,162.82 349.49
$1,512.31

Schedule W-2

SUMMARY OF INVESTMENT IN PLANT

VALUE OF PLANT, JULY 1, 1960
ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs, Not Capitalized Expended from Educ. & Gen. Funds
TOTAL ADDITIONS
VALUE OF PLANT JUNE 30, 1961

$908,226.58

$14,311.42 ________ 0_

$14,311.42 54.795.67

69.107.09

$977.333.67

154

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Schedule W-3

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Year

Investment

Acauired Besinnine of Yr. Additions

Deductions

LAND Burke Co. 468.75 Acres Gordon Co. 114.3 Acres Gordon Co. 32 Acres Gordon Co. 57 Acres Gordon Co. 94 Acres Gordon Co. 5 Acres Sumter Co. 455.35 Acres
TOTAL LAND

1952

$ 17,060.00 $

$

1952

25,000.00

1953

9,163.00

1954

12,260.61

1958

21,779.70

1960

7,679.75

1952

19,900.00

$105,163.31 $7,679.75

$

BUILDINGS

Southeast Branch Station

Auditorium & Office Bldg. 1959

$ 58,369.78 $6,191.20

$

Barns(2)

1952

3,042.82

Commissary

1954

1,620.33

Dairy Barn & Feed Shed

1954

10,500.87

Foreman's Cottage

1952

4,491.55

Machine Shed

1952

6,004.36

Poultry House

1953

10,028.34

Poultry House

1954

5,500.00

Pump House

1954

248.00

Stock Pens & Scales Pit

1954

1,495.81

Supt. Home

1952

14,949.20

Tenant Houses (2)

1952

11,606.62

Barn

1956

7,000.00

Farrowing House

1958

1,000.00

Hay Barn

1960

3,500.00

Brooder Houses

1960

2,500.00

Southwest Branch Station Supt. Home Tenant Houses (2) Machine Shed Swine Barn Foreman's Cottage Office Storage House Tenant House (1) Turkey BroilerHouse Cattle Barn Pump House Hay Barn Warehouse Storage Shed Mach. & Implement Shed Livestock Foreman's House Poultry Houses

1952 1952 1952 1959 1952 1952 1952 1952 1953 1953 1953 1959 1955 1958 1959 1960 1960

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

Northwest Branch Statbn
Foreman's House Machine Shed

1952 1952

6,000.00 1,722.47

Investment End of Year
$ 17,060.00 25,000.00 9,163.00 12,260.61 21,779.70 7,679.75 19,900.00
$112,843.06
$ 64,560.98 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
6,000.00 1,722.47

Schedule W-3 (Continued)

UNIVERSITY OF GEORGIA BRANCH EXPERIMENT STATIONS

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year

Investment

Acauired Beginning of Yr. Additions Deductions

BUILDINGS (Cont'd)

Northwest Branch Station (Cont'd)

Machine & Implement Shed 1959

Barn

1952

Calf Barn

1958

Office

1952

Laying House

1958

Laying House

1952

Tenant House

1952

Tenant House

1953

Tenant House

1954

Dairy Barn

1953

Dairy Barn

1954

Poultry Breeder House

1954

Clipping Dryer

1958

Supt. House

1955

Dairy Barn

1956

Swine Barn

1956

Poultry House

1956

Grain Bins

1956

Auditorium

1959

$ 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

$ 440.47

TOTAL BUILDINGS

$353,487.61 $ 6,631.67 $

IMPROVEMENTS OTHER THAN BUILDINGS

Northwest Branch Station

Fencing & Pastures

1952

$ 2,853.20 $

$

Water System

1952

577.42

Other

1952

585.97

Southeast Branch Station Fencing & Pastures Water System Other

1952 1952 1952

7,361.15 5,853.69 2,462.39

Southwest Branch Station Fencing WaterSystem Other Heating & Cooling

1952 1952 1952

6,922.35 2,490.34 1,976.39 6,217.00

TOTAL IMPROVEMENTS OTHER
EQUIPMENT Research
TOTAL INVESTMENT IN PLANT

$ 37,299.90 $

$

$412,275.76 $908,226.58

$ 54,795.67 $ $ 69.107.09 $

Investment End of Year
$ 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
59,346.45
$360,119.28
$ 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
$467,071.43
$977,333.67

PART VI UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Athens, Georgia
Schedule X - Schedule EE
157

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule X

BALANCE SHEET June 30, 1961

ASSETS

I. CURRENT A. GENERAL Cash on Hand & In Banks Temporary Investments
TOTAL GENERAL
B. RESTRICTED Cash on Hand & In Banks Temporary Investments Accounts Receivable (Debit Balances) TOTAL RESTRICTED
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Cash on Hand & In Banks Temporary Investments TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Equipment TOTAL EXPENDED

$ 47,515.69 100,000.00
$ 3,061.75 2 0 ,0 0 0.0 0
$617,942.98 91,674.31
534,127.46

$ 3,503.33 50.000.00
$ 147,515.69 13,432.96
$ 23,061.75
1,243,744.75

$ 53,503.33
160,948.65 $ 214,451.98

TOTAL PLANT FUNDS TOTAL ASSETS

1,266,806.50 $1.481.258.48

158 \

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule X

BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Purchase Orders Outstanding Surplus TOTAL GENERAL
B. RESTRICTED

$ 300.00 2.612.18 $ 2,912.18 50.591.15 $ 53,503.33

Fund Balances
TOTAL CURRENT FUNDS
X U PLANT FUNDS A. UNEXPENDED Fund Balances Outstanding Purchase Orders Contracts Negotiated
B. EXPENDED Investment in Plant

160,948.65 $ 214,451.98

$ 843.97 5,066.75
17,151.03

$ 23,061.75

1,243,744.75

TOTAL PLANT FUNDS TOTAL LIABILITIES & SURPLUS

1,266,806.50 $1 481 258.48

159

Schedule Y

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL & GENERAL
PUBLIC APPROPRIATIONS State of Georgia
Regular Poultry Disease Ag. Economics Marketing

General ' * Restricted

Income

__ IneQHf

Total

$ 626,059.00

$ 100,090,00
10,000.00

$ 626,059.00 100,000.00
50,000.00

TOTAL PUBLIC APPROPRIATIONS

L 626.059.00

GIFTS & GRANTS

Public Gifts

State of Georgia

Entomology-Insecticide

$

United States

Bu. An. Husb. - Air Sac. Disease

Dept, of Agric. - Ag. Eng.

Dept, of Agric. - Forest Service

AEC Wildlife

AEC Poultry

Dept, of Agric.-Forest Utilization

Dept, of Agric. - Forest Serv. - Fire

Dept, of Agric. - Forest Serv. - Genetics

Dept, of Agric. - Livestock Labor
Dept, of Agric. 2. Regional Poultry

Dept, of Agric. - Fumugant Poultry

Dept, of Agric. - Entomology

Public Health-Arthritis

Public Health - Brucellosis

NSF Mite Entomology

NIH Food Technology

Public Health - Lepto

Public Health - Food Tech.

NSF Miller

NSF Poultry

U. S, Study Com. - Ag. Ec.

TVA Forage Agronomy

TVA Ag. Economics

TVA Phosphorous

$150.000.00 J L 776,059.00

$ 9,000.00
5,378,21 5,503.60 6,325,36 13,787.50 7,500.00 3,600.00 2,700.00
300,00 1,145.75 4,365.00 3,500.00 4,000.00 8,977.17 7,374.00 16,300.00 13,800.00 5,904.00 16,898.00 4,300.00 3,220.00 5,094.43 4,114.87 8,830.41 2,510.39

$ 9,000.00
5,378.21 5,503.60 6,325.36 13,787.50 7,500.00 3,600.00 2,700.00
300.00 1,145.75 4,365.00 3,500.00 4,000.00 8,977.17 7,374.00 16,300.00 13,800.00 5,904.00 16,898.00 4,300.00 3,220.00 5,094.43 4,114.87 8,830.41 2,510.39

TOTAL PUBLIC GIFTS

$

Private Sources

American Dry Milk - Food Tech.

$

American Cyanamid - Animal Husb.

Babson Research - Ag. Engineering

Calif. D.A. Food Tech.

Calif. Spray - Plant Path. Dawes - Poultry

Dist. Prod. Food Tech.

Eli Lilly - Poultry

Ga. Forest. Res. Council

$164,428.69 $ 164,428.69

$ 5,940.00 $ 2,500.00 1,500.00 7,082.00 800.00 1,500.00 3,132.00 2,000.00 59,075.00

5,940.00 2,500.00 1,500.00 7,082.00
800.00 1,500.00 3,132.00 2,000.00 59,075.00

160

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Schedule Y (Continued) STATEMENT OF CURRENT INCOME (Continued)

General Income

Restricted Income

Total

A. EDUCATIONAL & GENERAL(Cont*d) GIFTS & GRANTS (Cont'd) Private Sources (Cont*d) Ga. Kraft-Forestry Hess Clark - Animal Husbandry Hess Clark - Poultry Lay and Company, Food Tech. Lipton Company, Food Tech. Morton Chemical - Plant Path. Moorman Res. - Poultry Naremco - Vet. Med. National Plant Food Inst. - Agronomy Product Analysis - Food Tech. Nationwide Chem. Plant Path. S.E. Fla. Tractor Company Sterling Winthrop-Poultry Student AVMA Sugar Res. Cottage Cheese Sugar Res. Corpo. - Dairy Univ. of Georgia Foundation U. S. Steel Agronomy
TOTAL PRIVATE SOURCES
TOTAL GIFTS & GRANTS

$ 2,500.00 2,500.00 3,000.00 1,200.00 5,000.00 200.00 1,000.00 3,000.00 2,500.00 506.42 2,000.00 3,000.00 2,000.00 60.00 2,000.00 6,500.00 600.00 2,000.00
$123,095.42
J_______________ $287.524.11

$ 2,500.00 2,500.00 3,000.00 1,200.00 5,000.00 200.00 1,000.00 3,000.00 2,500.00 506.42 2,000.00 3,000.00 2,000.00 60.00 2,000.00 6,500.00 600.00 2,000.00
$ 123.095.42
$ 287,524.11

SALES & SERVICES Agronomy Animal Husbandry Creamery Dairy Farm Food Processing Plant Forest Experimental Grain Grading Greenhouse Horticulture Farm Horticulture Research Livestock Farm Poultry Research Sou. Regional Poultry Test Swine Arthiritis Experimental Statistics Joint Nut. Lab. - An. Husb.
TOTAL SALES & SERVICES

$ 2,056.35 13,099.39
171,842.57 46,789.86 17,449.00
1,215.70 779.38
9,850.93 3,115.43 40,775.40 49,418.37
4,196.86 3.371.95
363,961.19

1,974.33
23,226.42 1,084.20
$ 26,284.95

2,056.35 13,099.39 171,842.57 46,789.86 17,449.00
1,974.33 1,215.70
779.38 9,850.93 3,115.43 40,775.40 49,418.37 23,226.42 1,084.20 4,196.86 3,371.95
$ 390.246.14

161

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Schedule Y (Continued) STATEMENT OF CURRENT INCOME (Continued)

General Income

Restricted Income

Total

A. EDUCATIONAL & GENERAL (Cont'd) OTHER INCOME Fire Loss
TOTAL COLLEGE STATION INCOME

$

163.40

$ 990,183.59

$ $463,809.06

$

163.40

$1,453,992.65

TRANSFERS FROM:

Restricted (Overhead)

703.14

*/

Educ. & General (Poultry Dis. & Marketing) 51,152.04_____________________ 51,152.04

TOTAL RECEIPTS

$1.505.847.83

162

Schedule Z

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

EDUCATIONAL & GENERAL ADMINISTRATION
Director's Office Staff Benefits

Fund Classification

General

Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expenses EauiDment

$ 15,408.85 $ 20,914.44

$ 14,172.71 $ 1,236.14 $ 20,914.44

TOTAL ADMINISTRATION $ 36,323.29 $

$ 35,087.15 $ 1,236.14

PLANT OPERATIONS

$ 29,283.96 f,

$

$ 29,283.96 $

RESEARCH

A.E.C. Poultry

$

A.E.C. Wildlife

Agricultural Economics

18,983.96

Ag. Economics-Marketing

Ag. Engineering

47,535.12

Agronomy

38,004.67

Animal Husbandry A.P.H.F. Poultry

54,851.77

Air Sac Disease

American Cyanamid-Agron. American Cyanamid-A.H.

American Dairy Milk

American Potash

American Cyanamid-Poultry

California D.A.-Food Tec.

CIBA Poultry

Citizens & Sou.-Sheep

Babson-Ag.Eng.

Calif.Spray - Plant Path.

Corning Glass

Commercial Solvents-Ag.

Commercial Solvents-Poul.

Dairy Dodge Lab.-Dictycide

22,010.73

Eli Lilly - Poultry

Eli Lilly - Smittle

Entomology Insecticide

Entomology

12,338.76

Eaton Poultry Disease

Experimental Forestry

Experimental Statistics

41,088.72

Food Technology Forestry

29,927.27 21,771.59

Ga. Kraft Forestry

Ga.Forestry Rsch.Coun.

Ga.State Dept.Ag.-Poul.Dis.

Ga.State Dept.-Milk Com.

G.F.C. Ag.Eng.

Goodrich, B. F.

$ 6,753.85 11,485.92
25,144.93
989.50 7,584.44
35.00 1,197.85 1,028.07 2,187.15 1,949.64 7,847.52
249.97 1,580.05 1,869.24
635.69 160.22
31.25 200.00
80.15 39.88 571.46 4,923.26
139.24 2,718.67
2,168.83 56,842.57
1,034.86 5,816.31
550.27 27.75

$ 1,097.13 8,479.10
16,370.90 17,517.00 38,054.15 31,213.22 38,174.99
3,172.26
574.00 2,095.42 1,200.00 5,127.70
1,500.00 1,510.64
18,951.37
437.22 2,933.00 10,264.9i2
139.24 459.38 22,657.54 22,810.53 17,388.67 2,000.00 51,696.83 1,034.86 3,627.49 296.25

$ 4,885.97 1,755.22 2,613.06 4,156.61 5,670.30 6,327.07
14,693.94
4,412.18
1,197.85 454.07 91.73 300.00
2,379.47 249.97 80.05 259.62 435.69 160.22 31.25 200.00
2,259.36 80.15 23.76
134.24 1,868.99
793.95

$ 770.75 1,251.60 3,471.32 3,810.67 464.38 1,982.84 989.50 35.00
449.64 340.35
98.98 200.00
800.00 16.12
121.27 1,279.89

886.41 17,961.18
1,999.00 3,671.20
168.83 5,145.74

1,372.88 470.00
5,117.74 711.72

904.92 254.02
27.75

1,283.90

163

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Schedule Z (Continued)
STATEMENT OF CURRENT EXPENDITURES (Continued)

____________________________________Object Classification__________

Salaries

Operating

_____ Fund Classification

and

Supplies and

General

Restricted

Wages

Expenses Equipment

EDUCATIONAL & GENERAL (Cont'd)

RESEARCH (Cont'd)

Horticulture

$ 9,145.27

Hess-Clark Poultry

Hess-Clark Animal Husb.

Lay & Co. - Food Tech.

Ho ffman-LaRo che

Lipton Co.-Food Tech.

Joint Nutrition Lab.

1,743.37

N.S.F. - Mite Entomoloty

N.S.F. - Poultry

N.S.F. - Reid

NPFI - Agronomy

NSF - Miller

NSF - Pathology Pub.

Mattox-Moore Poultry

Merck & Co.-Poultry

Naremco

Massengill - Poultry

N.I.H. Food Tech.

Moorman

N.P.F.I. - Forestry

Offset Forestry Nation Wide Chem.

21,358.09

Pimento - Food Proc.

Pfizer Poultry

Pfizer Food Tech.

Plant Pathology Poultry Poultry Disease

28,582.25 192,985.15

Product Analysis-Food Tech.

Shell Chemical

Sodium

Sterling-Winthrop-Poul.

Sugar Res. - Dairy

Soil Testing

27,836.00

Southeastern Fla.Tractor Co a

Sugar Research-Cottage Cheese

Sou.Reg.Poultry Testing

Student -A.V.M.A.

T.V.A. Ag. Econ.

T.V.A. Forage Agron.

T.V.A. Phosphorous

U,S. Forestry Service

U. S. Forestry Service Fire

U.S.P.H.Swine Arthiritis

U.S.P.H. Brucellosis

U.S.P.H. Food Tech.

$ 2,578.76 279.96 1,200.00 1,192.54 2,317.71
5,144.16 2,927.93 7,241.36 3,630.76 8,651.11 5,200.00
292.95 1,798.14
767.36 35.10
12,714.30 32.09
336.00 400.00 1,559.14
10.88 340.66 890.05
111,466.71 30.00 11.61 45.97
2,233.06 5,452.44
2,000.00 2,000.00 22,291.96
39.22 8,399.92 3,893.03 2,958.08 7,113.31 3,267.24 7,582.99 9,650.38 12,748.18

$ 6,962.52 1,837.16
1,200.00 900.00
1,586.50
3,206.63 2,420.14 4,500.02 1,833.26 7,751.76
200.00
1,399.92 500.00
5,438.73
208.00 19,622.09
1,052.05 10.88
840.05 24,630.45 100,051.02 86,124.60
560.00 1,671.12 23,324.48 2,000.00
8,495.96
8,399.92 3,307.17 2,497.00 7,113.31 3,199.98 1,202.56 6,817.37 5,512.70

$ 1,773.95 $ 215.00 279.96

408.80 526.60

17.49 595.92 1,153.37 372.58 507.79 599.34 150.00 899.35 5,000.00
398.22 133.85
35.10 1,775.57
32.09
2,136.00 351.09

275.05 135.29 590.00 1,564.95
2,142.00 1,647.50
292.95
133.51
5,500.00
128.00
156.00

129.21 50.00
2,451.80 90,246.77 18,133.01
30.00
1,054.03 3,781.32 3,597.27

211.45
1,500.00 2,687.36 7,209.10
11.61 45.97 619.03
914.25

2,000.00 13,782.54
39.22

13.46

585.86 461.08

67.26 6,368.18 1,360.01 1,101.53

12.25 1,473.00 6,133.95

164

S
K\
* t*
! *
H i
s1 it m.
1 * TlI t* & xA V k It
I* > 1|
.1
f1 1
*j J
i

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

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

Fund Classification

General

Restricted

Obiect Classification

Salaries

Operating

and

Supplies and

Wages

Exoenses

Eauinment

EDUCATIONAL & GENERAL (Cont'd)

RESEARCH (Cont'd)

U.S.P.H. Lepto

$

U.S.P.H. Poultry

U. S. Study Commission

U.S.D.A. - Ag. Eng.

U.S.D.A. Regional Poultry

U.S.D.A. Livestock

U.S.D.A. Entomology

U.S.D.A. Fumugant Poul.

U.S.D.A. Forestry -Genetics

U.S. Steel - Agro

U.S.D.A. Forest Utilization

Vet. Hygiene

TOTAL RESEARCH

$ 568,162.72

$ 6,057.01 6,606.22 2,348.21 6,505.11 4,000.00 1,145.75 3,999.96 346.98 300.00 1,938.90 3,600.00 977.32
$444,394.06

$ 5,282.95 3,977.18 1,515.33 6,043.86 4,000.00 1,145.75 3,999.96 240.98 300.00 1,938.90 3,600.00
$699,206.07

$ 774.06 $ 332.13 2,296.91 832.88 461.25
106.00
977.32 $251,577.17 $61,773.54

SERVICES RELATED TO RESEARCH

Creamery

$

Dairy Farm

Grain Grading

Greenhouse

Food Processing Plant

Horticulture Farm

Livestock Farm

174,508.03 58,798.31 1,294.92 13,559.65 23,508.44 19,402.05 77,279.34

TOTAL SERV.RELATED $ 368,350.74

TOTAL EXPENSES

$1,002,120.71

$
$ $444,394.06

$ 36,086.59 31,273.76 1,249.92 12,604.99 6,701.24 13,615.53 26,891.64
$128,423.67
$862,716.89

$136,517.11 27,524.55 45.00 902.61 16,807.20 5,236.94 49,020.70

$ 1,904.33
52.05 549.58 1,367.00

$236,054.11 $ 3,872.96

$518,151.38 $65,646.50

REFUNDS

Prior Years Income

1

TRANSFERS: To Plant Funds To College E. & Gen. To Univ. E. & Gen.

$ 19,969.00

TOTAL TRANSFERS

$ 19,969.00

TOTAL DISBURSEMENTS $1 .022.089.71

$ 1,062.70
$ 2,400.00 51,855.18 5,994.00
$ 60,249.18 $505.705.94

165

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1961

GOVERNMENTAL United States AEC Poultry AEC Wildlife Bureau of Animal Husbandry Air Sac Disease Department of Agriculture Ag. Eng. Research Labor Forest Serv.-Entomology Forest Service-Labor Forest Service-Fire
Forest Service-Genetics Forest Utilization Fumi gant-Pou11ry Grassland Implement-Agron. Livestock Labor Regional Poultry Rural Electrification Silo Research NSF Miller NSF Mites-Entomology NSF Plant Path. Pub. NSF Poultry NSF Reid TVA Ag. Economics TVA Forage Agronomy TVA Phosphorous USPH Brucellosis USPH Food Tech. USPH Lepto USPH Poultry USPH Swine Arthritis
U. S. Study Commission State of Georgia
Ag. Economics Marketing Entomology-Insecticide Poultry Disease Rsch.
State Dept.Ag.-MLlk Control State Dept.Ag.-Poultry Dis. State Dept.Commerce-Bermuda State Forestry-Ag.Eng. Other States Calif.D.A.-Food Tech.
TOTAL GOVERNMENTAL

Balance Beginning
Of Year

Income For
Year

Expenditures Overhead Balance

For

and

End

Year

Transfers___ Of Year___

$ 5,351.75 $ 7,500.00 $ 6,753.85 $ l,013.08(o)$ 5,084.82

6,493.09

13,787.50 11,485.92

1,722.89(o) 7,071.78

(->674.67

5,378.21 7,584.44

(->2,880.90

760.37 637.36
4,263.07 26.38
(->1,563.00 (->143.87 (->392.67 8,964.16
5,200.00 2,569.45 9,800.00 (->1,863.49 (->1,201.20 (->725.44 3,028.11 (->1,097.99 1,415.78 7,938.60 8,127.56
(->5,094.42

5,503.60 4,000.00 6,325.36 2,700.00
300.00 3,600.00 3,500.00
1,145.75 4,365.00
4,300.00 16,300.00
3,220.00
8,830.41 4,114.87 2,510.39 7,374.00 16,898.00 5,904.00
1,084.20 8,977.17 5,094.43

6,505.11 3,999.96 7,113.31 3,267.24
300.00 3,600.00
346.98
1,143.75 4,000.00
8,651.11 5,144.16 5,200.00 2,927.93 7,241.36 8,399.92 3,893.03 2,958.08 9,650.38 12,748.18 6,057.01 6,606.22 7,582.99
2,348.21

510.16(T)(->1,511.67 ,04(A> (->27.58
( .08(A) ( 70,04(R>

26.38(T)

7,416.09

(>1,198.00 (-) 143.87 (T) (-)392.67(T)
l,297.67(o) 3,315.38 l,028.83(o) 10,127.01

439.19(o) 2,422.33

l,448.27(o) 1,110.37

(- >1,433.00

(->979.36

(- >1,173.13 l,447.56(o) (->695.83

l,912.23(o) 1,139.60

908.55(o)

354.22

990.93(o)

341.45

1,137.45(o) 9,468.49

352.23(o)(->2,700.43

861.05 39,463.68
15,000.00 2,534.86 69.15 1,637.32

50,000.00 9,000.00
100,000.00

25,144.93 4,923.26
111,266.71

5,816.31 1,034.86

550.27

24,855.07(T)
1,900.00(TP) 26,296.97(T)
1,500.00(T)

4,937.79
9,183.69 69.15
1,087.05

4.405.08

7,082.00 7.847.52

3.639.56

$115,790.07 $308,794.89 $302,095.00 $68,321.08 $ 54.168.88

166

*1]
iS

*)

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule AA (Continued)

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

Income For
Year

Expenditures Overhead

For

And

Year

Transfers

Balance End
Of Year

GIFTS American Cyanamid-Agric.

$ 146.72

American Cyanamid-An.Husb.

105.10

American Cyanamid-Poultry

2,000.00

American Dairy Milk Co.-Food Tec h .

American Potash Co. American Poultry Hatch. American Turpentine-Forestry

8,504.80 1,000.00
81.82

Anonymous Dairy

102.04

Babson-Ag.Eng.

2,904.12

C & S Nat.Bank.-Ag.Ec.

1,991.38

Calif.Spray-Plant Path.

644.48

Chilean Nitrate-Sodium

1,239.85

CIBA Poultry

649.26

Commercial Solvents-Agronomy

288.51

Commercial Solvents-Poultry

213.01

Corning Glass-Dairy

160.22

Dawes-Poultry

2,000.00

Distributive Prod.-Food Tech.

Dodge Lab-Dictycide

228.12

Eaton-Poultry Dis.

139.24

Eli Lilly - An. Husb.

76.61

Eli Lilly-Poultry

326.58

Eli Lilly-Schmittle

Experimental Forest

6,069.77

Ga.Forest Rsch.Council

12,367.66

$

$

35.00 $

2,500.00

1,197.85

1,949.64

5,940.00

1,028.07

2,187.15

989.50

$ 8 2 ,25(o)

1,500.00 800.00
1,500.00 3,132.00

1,869.24 1,580.05
635.69 45.97
249.97 31.25
200.00 160.22

(-)l,500.00(T)

80.15 139.24

2,000.00 1,974.33 59,075.00

39.88 571.46 2,718.67 56,842.57

(375.00(T) (992.66(R)

111.72 1,407.25
50.36 4,829.68 6,317.65
10.50 81.82 102.04 2,534.88 411.33 808.79 1,193.88 399.29 257.26 13.01
5,000.00 3,132.00
147.97
76.61 286.70 1,428.54 5,325.43 13,232.43

Ga.Hemerocallis Soc.Hort. Ga. Kraft Forestry Ga. Kraft-Poultry GFC Forestry-Botany Goodrich Chem. Co. Grain Storage Great Lake Steel(Quonset Stor.) Hess & Clark-An.Husb. Hess & Clark - Poultry Hess & Clark-Tranquilizers Ho ffman-LaRoehe Hybrotite Rsch. Lipton Co.-Food Tech. Jesse Jewe11-Poultry Lay & Co.-Food Tech. Massengi11-Poultry Mattox-Moore-Poultry Merck Co.-Poultry Molybdenum-Agron. Moorman Rsch.Poultry Morton Chemical Plant Path.
Naremco-Vet. Med. Nationwide Chemical Co.

100.00
11.43 (-)375.00
581.64 147.49 378.15
375.69 140.96 3,456.58 159.37
39.03
136.39 638.50 2,425.85 407.21 1,018.30
743.36

2,500.00
2,500.00 3,000.00
5,000.00 1,200.00
1,000.00 200.00
3,000.00 2,000.00

2,168.83 27.75

(-)375.00(T)

279.96 2,578.76
1,192.54
2,317.71
1,200.00 35.10
292.95 1,798.14
32.09
767.36 1,559.14

100.00 331.17
11.43
553.89 147.49 378.15 2,220.04 796.93 140.96 2,264.04 159.37 2,682.29
39.03
101.29 345.55 627.71 407.21 1,986.21 200.00 2,232.64 1,184.22

167

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
Schedule AA (Continued)
STATEMENT OF OPERATIONS OF RESTRICTED FUNDS (Continued)

GIFTS (Cont'd) NIS Food Tech. NPFI Agronomy NPFI Forestry Overhead Contract
Charles Pfizer-Food Tech. Charles Pfizer-Poultry Pimento-Food Proc. Product Analysis-Food Tech. Radioactive Rsch. Shell Chemical Southeastern Fla.Tractor Co. Sou. Regional Poultry Testing Sterling Winthrop-Poultry Student AVMA Sugar Rsch.Fd.Cottage Cheese Sugar Rsch.Fd.Dairy Univ. of Ga. Foundation U. S. Steel-Agronomy Various - Parasitology Int. Vet. Hygiene
TOTAL GIFTS
TOTALS
TRANSFERS TO: Plant Plant Univ. Educ. & Gen. Adjust Re funds Overhead College Sta.Ed. & Gen. Col. Poul. Dis. Col. Marketing
TOTAL

Balance Beginning
Of Year

Income Expenditures Overhead

For

For

And

Year

Year

Transfers

Balance End
Of Year

$ 4,568.98 400.75 1,165.50
890.05 2,546.52
10.90 250.00 352.18
8,731.45 1,787.17
342.37
344.80
416.73 50.00
140.86

$ 13,800.00 $ 12,714.30 $ 1,907.15(o)$ (-)821.45

2,500.00 3,630.76

3,438.22

336.00

64.75

(

703.00(TCS) 8,771.78

( 5,994.00(TUG)

((-)14,303.28(0)

890.05

340.66

2,205.86

10.88

.02(A)

506.42

30.00

726.42

352.18

11.61

(-)11.61

3,000.00 2,000.00

1,000.00

23,226.42 22,291.96

9,665.91

2,000.00 2,233.06

1,554.11

60.00

39.22

363.15

2,000.00 2,000.00

6,500.00 5,452.44

1,392.36

600.00

600.00

2,000.00 1,938.90

477.83

50.00

977.32(( -)l,385.00(o)

48.54

(

500.00(TP)

$ 73.622.50 $155.014.17 $142.299.06 7.009.20 $ 93.346.81

$189.412.57 $463.809.06 $444.394.06 $61.311.88 $147.515.69

$ 500.00 1.900.00 5.994.00 .14 1,062.70
703.00 26,296.97 24.855.07
$ SI.311.88

168

Schedule BB

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Restricted
TOTAL CURRENT FUNDS
PLANT FUNDS
TOTAL

Cash Balance Julv f! 1960

Receipts For Year

Disbursements Cash Balance For Year June 30.1961

$ 33,554.27 189,412.57
$222,966.84
$ 29,521.82
$252.488.66

$1,042,038,.77 463.809,.06
$1.505,847,.83 $ 33,151,.55 $1.538.999 ,33

$1,022,089.71 505.705.94
$1.527.795.65 $ 39,611.62
$1.567.407.27

$ 53,503.33 147.515.69
$201,019.02 $ 23.061.75 $224.080.77

BANK BALANCES The National Bank of Athens, Athens, Georgia

$224,0$0,77

169

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule CC

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30,1961

Funds For Plant
Additions

Funds For Debt
Service

Total

BALANCE, JULY 1, 1960

$ 29,521.82 $

$ 29,521.82

ADDITIONS Transfers from Educational & General Fire Loss Sale of Equipment Transfer from Restricted Gifts

$ 19,969.00 $ 318.97
4,708.50 2,400.00 5,755.08

$ 19,969.00 318.97
4,708.50 2,400.00 5,755.08

TOTAL ADDITIONS

$ 33,151.55 $

$ 33,151.55'

DEDUCTIONS BUILDINGS Agronomy Storage Agronomy Drying Cobalt Machine Building

$ 6,353.10 $ 1,500.00 87.16

$ 6,353.10 1,500.00 87.16

TOTAL BUILDINGS

$ 7,940.26 $

$ 7,940.26

IMPROVEMENTS OTHER THAN BUILDINGS Nursery Area Fench & Pasture Repairs Paving Steer Lots

$ 1,336.80 $ 3,714.04 80.00

$ 1,336.80 3,714.04 80.00

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 5,130.84 $

$ 5,130.84

EQUIPMENT Bicknell - Livestock Freezing Caroland Farms State Animal Husbandry - State Poultry Testing - State Nursery Creamery

$ 4,400.00 $ 1,873.30 490.00 1,927.51 4,899.20 162.79 512.14 4,308.49

$ 4,400.00 1,873.30 490.00 1,927.51 4,899.20 162.79 512.14 4,308.49

TOTAL EQUIPMENT

$ 18,573.43 $

$ 18,573.43

REPAIRS Beef Cattle - Barns & Pens Constant Temperature Building Greenhouses Moving Green Houses

$ 3,757.77 $ 1,629.00 566.38 2,013.94

$ 3,757.77 1,629.00 566.38 2,013.94

TOTAL REPAIRS

$ 7,967.09

$ 7,967.09

TOTAL DEDUCTIONS BALANCE, JUNE 30, 1961

$ 39,611.62 $ $ 23.061.75 $

$ 39,611.62 $ 23.061.75

170

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION

Schedule DD

STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961
Cash Balance ReceiptsDisbursement s Julv 1. 1960 To Date For Year

Transfers

Cash Balance June 30.1961

BUILDINGS Agronomy Storage Poultry Disease Cobalt Machine Building Agronomy Drying Barn
TOTAL BUILDINGS

$

$

1,111.09

3,037.98

$ 4,149.07 $

IMPROVEMENTS OTHER THAN BUILDINGS Nursery Area Pasture Repairs - Fencing Paving Steer & Feed Lots Paving Poultry - State Dairy Farm Road

$ 1,382.72 $ 706.80 112.13
3,173.39 491.50

TOTAL IMPROVEMENTS OTHER

$ 5,866.54 $

$ 6,353.10 $ (-)8,500.00(T) $ 2,146.90

(-)1,900.00(T) 3,011.09

87.16

2,950.82

1,500.00 C-)1,500.00(T)

$ 7.940.26 $(->11.900.00

$ 8,108.81

$ 1,336.80 $

$ 45.92

3,714.04 (->4,340.00(T) 1,332.76

80.00

32.13

3,173.39

491.50

$ 5.130.84 $ (->4.340.00(T) $ 5.075.70

EQUIPMENT Freezing Poultry Tests-State Nursery An. Husbandry-State Creamery Equipment-State Bickne11-Livestock Caroland Farms Weather-Instrument
TOTAL EQUIPMENT

$ 1,873.30 $

$ 1,873.30 $

$

162.79

162.79

1,631.11

512.14

1,118.97

6,354.49

4,899.20

1,455.29

124.99 4,183.50 4,308.49

3,326.33

1,927.51

1,398.82

4,755.08 4,400.00

355.08

1,000.00

490.00

510.00

(03,000.00 (X) 3.000.00

$13,473.01 $ 9,938.58 $18.573.43 $ (->3.000.00(T) $ 7.838.16

REPAIRS Beef Cattle Barn & Pens Greenhouse Moving Greenhouse
Moving Ag. Eng. Bldg. Constant Temperature Bldg. Poultry Diagnostic Lab.
TOTAL REPAIRS
SUB-TOTAL
UNEXPENDED BALANCE
TOTAL PLANT

$ 4,349.06 $ 625.75 738.78
319.61

$ 3,757.77 $ 566.38

$ 59.37(T)

2,013.94 ((->1,000.00(T)

( (-)378.98(T)

319.61(T)

1,629.00 (->1,629.00(T)

(->500.00(T)

591.29 103.82
500.00

$ 6.033.20 $

$ 7.967.09 $ (->3.129.00

$29,521.82 $ 9,938.58 $39,611.62 $(->22,369.00

$

843.97

$29.521.82 $10.782.55 $39.611.22 $(->22.369.00

$ 1.195.11 $22,217.78
843.97 $23.061.75

TRANSFERS: From Educ. & General From Restricted

$19,969.00 __ 2,400^00
$22.369.00

171

Schedule DD-1

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
SUMMARY OF INVESTMENT IN PLANT For Year Ended June 30, 1961

VALUE OF PLANT, JULY 1, 1960

ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs not Capitalized Expended from Educ. & General

$39,611.62 7,967.09

TOTAL ADDITIONS

TOTAL VALUE OF PLANT JULY 1, 1960, PLUS ADDITIONS

DEDUCTIONS DURING YEAR Sale of Equipment

VALUE OF PLANT JUNE 30, 1961

$31,644.53 65,646.50

$1,151,162.22
97,291.03 $1,248,453.25
4,708.50 $1.243.744.75

172

Schedule DD-2

UNIVERSITY OF GEORGIA COLLEGE EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

BUILDINGS Agronomy Storage Agronomy Drying Barn Cattle Feed Shed Cobalt Machine Building Cold Storage Freezer Room Dairy Barn Lab. Lounging Barn-Dairy Poultry Laying House Poultry Building Poultry Testing Bldg. Poultry Range Shelter Laborers' Cottages AFHF Poultry Animal Hus.-Farrowing House Animal Hus.-Seal.She1. Animal Hus.-F.S.M. Barn Poultry Disease Animal Hus.-Labor Houses Animal Hus.-Bull Barn Animal Hus.-Machine Shed Dairy Mach. Shed Poultry - Other Swift Laying House

Investment Year Beginning Of Acauired ____ Year_____

Additions Deductions

Investment End
Of Year

1960 $ 1960

$ 6,353.10

$

1,500.00

10,000.00

1958

16,962.02

87.16

1960

12,000.00

1952

36,980.29

1953

3,290.58

1953

4,333.55

1953

95,154.26

1953

23,789.13

1959

3,000.00

1954

14,787.06

2,500.00

1959

10,000.00

1959

500.00

1955-56

12,999.04

1955-56-59 325,109.91

1956

5,000.00

1956

1,000.00

1956-59

9,500.00

1956

5,000.00

1956

1,596.88

1956-59

16,500.00

$ 6,353.10 1,500.00
10,000.00 17,049.18 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

TOTAL BUILDINGS

$ 610.002.72 $ 7,940.26

$ . ..

? 617.942.98

IMPROVEMENTS OTHER THAN BUILDINGS

Gas Line

1958 $ 2,000.00 $

$

An. Hus.-Pasture Imp.

1953

38,571.35

Dairy - Pasture Imp.

1955-56

17,599.11

Paving Sheep Lots

2,000.00

Nursery Area

1959

4,617.28 1,336.80

Water System-Hort Farm

1955-56

3,420.37

Paving Steer & Feed Lot

1958

9,887.87

80.00

Dairy Concrete & Lane

1955-56

5,614.81

Paving - Poultry

1958

1,026.61

Fencing & Gates

1,806.07 3,714.04

$ 2,000.00 38,571.35 17,599.11 2,000.00 5,954.08 3,420.37 9,967.87 5,614.81 1,026.61 5,520.11

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS ? 86,543.47 $ 5,130.84

$

? 91.674.31

EQUIPMENT Administrative Research Services Related Animal Husbandry Livestock Poultry State
TOTAL EQUIPMENT
TOTAL PLANT INVESTMENT
A - Adjustments - Repairs written off:

$

559.89 $

320,258.68 71,148,48

85,274.69 13,071.45

29,536.94

4,461.63

5,337.21

9,186.99

$ 454,616.03 $84,219.93

$1.151.162.22 $97.291.03

173

$

$

525.00

4,183.50

559.89 390,882.16
94,162.64 29,536.94
4,461.63 5,337.21 9,186.99

$4,708.50 $ 534.127.46

$4.708.50 $1.243.744.75

PART VII UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
Experiment, Georgia
Schedule EE - Schedule KK-3
175

i

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule EE

BALANCE SHEET June 30, 1961

ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Banks Accounts Receivable
B. RESTRICTED Cash in Banks Due from Civil Defense Due from U.S.D.A. TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
II, PLANT FUNDS A. UNEXPENDED Cash in Banks
B. INVESTED IN PLANT Land Buildings Improvements Equipment TOTAL INVESTED IN PLANT
TOTAL PLANT FUNDS

$ 44,124.86 1,672.06

23,685.87 2,829.00 1.474.03

27.988.90

$ 73,785.82

$ 21,521.37

$1,642,170.94 1,216,767.18 69,018.82 1.267.710.00

4.195.666.94

4.217.188.31

TOTAL ASSETS

$4.290.974.13

Schedule EE
I. CURRENT FUNDS A. GENERAL Surplus B. RESTRICTED

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
BALANCE SHEET June 30, 1961
LIABILITIES
$ 45,796.92

Fund Balances
TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balances
B. INVESTED IN PLANT Equity of Univ. System Build.Auth. Net Invested in Plant

$ 275,849.32 3,919,817.62

27,988.90 $ 21,521.37

$ 73,785.82

TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

4,195,666.94 4,217,188.31
$4,290,974,13

177

Schedule FF

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted Income

Total Income

PUBLIC APPROPRIATIONS State of Georgia Regular Operations United States Hatch Fund Regional Research Fund Title II Fund
TOTAL PUBLIC APPROPRIATIONS
GIFTS AND GRANTS American Cyanamid Company American Sheep Producers Council Corn Products Company Georgia Alumni Foundation Hercules Powder Company National Science Foundation Niagara Machinery & Chemical Co. Quartermaster Depot Shell Chemical Company Small Business Association Tennessee Corporation Tennessee Valley Authority U.S.D.A. U.S. Study Commission Velsicol Corporation
TOTAL GIFTS AND GRANTS
SALES AND SERVICES Dairy Products Farm Products Food Processing Products Pulpwood Sales Horticulture Products Livestock Miscellaneous Seed Revolving Used Equipment Bulletins Scrap Metal Our Part Sales Tax Wool
TOTAL SALES AND SERVICES
INTEREST Interest on Time Deposits
TOTAL INTEREST

$495,334.00

$ 13,450.00
753.332.00 170.964.00
13,450.00

$ 508,784.00
753.332.00 170.964.00
13.450.00

$495,334.00 $ 951,196.00 $1,446,530.00

$

$ 1,000.00 $ 1,000.00

700.00

700.00

1,875.00

1,875.00

4,000.00

4,000.00

4,000.00

4,000.00

7,100.00

7,100.00

600.00

600.00

1,000.00

1,000.00

1,000.00

1,000.00

7,400.00

7,400.00

750.00

750.00

7,000.00

7,000.00

6,928.29

6,928.29

14,222.90

14,222.90

1.000,00_________ 1 .000.00

$

$ 58.576.19 $ 58.576.19

$ 11,642.05 7,907.80 311.88
4,566.11 14,536.64
1,074.20
300.00 121.76
6.48 982.71
$ 41,449.63

$ 3,831.76 16,949.78 8,858.49 50,784.65 70.62 8,234.66
186.56
$ 88,916.52

$ 15,473.81 24,857.58 311.88 8,858.49 4,566.11 65,321.29 1,144.82 8,234.66 300.00 121.76 186.56 6.48 982.71
$ 130,366.15

$ 500.25 $ $ 500.25 $

$

500.25

$

500.25

178

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule FF (Continued)

STATEMENT OF CURRENT INCOME (Continued)

OTHER SOURCES Rents from property TOTAL OTHER SOURCES
TRANSFERS Plant Fund TOTAL TRANSFERS
TOTAL CURRENT INCOME NON-INCOME RECEIPTS TOTAL CURRENT RECEIPTS

General Income

Restricted Income

Total Income

6,949.85 $ 6,949.85 $

1,914.29 $ 1,914.29 $

8,864.14 8,864.14

$ $544,233.73
$544,233.73

$ 2,130.87 $ 2,130.87 $1 ,102,733.87
500.00 $1 .103.233.87

$ 2,130.87 $ 2,130.87 $1,646,967.60
500.00 $1,647,467.60

179

Schedule GG

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Object Classification

Salaries

Operating

and

Supplies and

Waees

Expenses Eauioment

ADMINISTRATIVE AND GENERAL Comptroller's Office Director's Office Faculty Benefits General Institution

$ 6,,067,.57 $ 6,,667,.64
28 ,399,.22 8,149,.61

8.,969,.93 $ 11.,640,.00
2,,483,.37 14,,649,.31

13,,546 .19 $ 1,491,.31 $

17,,460,.00

847,.64

30 ,882 .59

8.,646 .78 13 ,153..06

999 .08

TOTAL ADMIN. & GENERAL

$ 49,,284,.04 $ 37.,742,.61 ? 70,,535,.56 $ 15 ,492,.01 $ 999,.08

PHYSICAL PLANT

$ 72.,434..95 $

? 22.,865,.53 ? 48 ,575,.57 $ 993,.85

LIBRARY

18.,490..23 $

8.,505,;o o $ 1 ,715..23 $ 8,270,.00

ORGANIZED RESEARCH

Agricultural Economics

$ 27,461.90 $

Agricultural Engineering

14,703.24

Agronomy: Crops Section Agronomy: Forage Section Agronomy: Soils Section Animal Industry Chemistry Eatonton Project Area Entomology Food Processing Forestry Georgia Mountain Station Home Economic s School of Home Ec., Athens Horticulture Plant Pathology Plant Introduction Station

48,754.48 8,192.26
23,621.61 44,335.40
8,530.27 8,185.80 8,298.23 13,409.06 3,526.54 54,871.50 8,978.30 2,540.57 37,828.49 23,674.13 4,786.96

Agronomy-Small Grains,Tifton Agronomy - Crops, Tifton

3,325.00 1,076.00

Agronomy - Forage, Tifton

1,400.00

Agronomy-Soils, Tifton

1,320.00

Agronomy-Cons.& Irrig.,Tifton 1,175.00

Ag.Engineering, Tifton

800.00

Animal Industry,Tifton

4,371.02

Animal Diseases, Tifton

1,450.00

Entomology, Tifton Horticulture, Tifton Peanut Work, Tifton

2,599.49 7,555.93
628.25

Nemotology, Tifton

Ag. Economics, Athens

8,551.55

Ag. Engineering,Athens Agronomy, Athens

2,267.28 112.92

Animal Industry, Athens Dairy, Athens

3,358.71 1,896.19

Forestry, Athens

Horticulture, Athens

1,670.62

157,041.89 $ 32,381.61 63,262.43 30,327.64 20,446.85 81,355.64 21,597.37 66,595.18 45,635.36 57,601.72 6,791.96 37,056.32 25,389.39 33,050.54 42,321.72 45,459.15 24,329.70 10,398.86 2,464.51 1,900.00 3,400.00 9,449.90 3,600.00 33,600.35 6,892.58 10,107.03 14,820.04 6,521.75 7,222.37 30,528.29 21,294.60 9,115.37 10,155.51 21,565.77 4,000.00 11,377.68

147,134.66 $ 32,169.46 $ 5,199.67

37,230.34 98,970.57 33,674.78 34,596.19 88,002.60 23,592.67 47,115.05

6,587.08 10,249.86 4,239.97
6,009.77 29,889.46
4,612.18 26,693.56

3,267.43 2,796.48
605.15 3,462.50 7,798.98 1,922.79
972.37

40,229.31 8,288.97 5,415.31

58,017.57 8,410.41
72,647.70

7,449.74 1,497.79 14,937.44

5,543.47 410.30
4,342.68

27,991.09 32,009.52

4,994.86 3,102.78

1,381.74 478.81

62,362.70 6,367.78 11,419.73

52,242.51 5,820.18 11,070.59

22,088.17 13,424.72

4,579.78 2,448.71 299.14

2,940.87

599.64

3,300.00

4,720.00

9,506.94 1,117.96

4,400.00

31,224.73 5,135.64 1,611.00

6,600.00

805.92

936.66

9,862.58 20,422.22

1,543.08 1,300.86

973.48

980.27

6,900.00

250.00

5,552.22

946.04

724.11

34,866.60 3,724.54

488.70

20,581.32 2,130.67

849.89

5,919.30

1,708.99 1,600.00

12,130.21 1,384.01

19,171.92 3,397.00

893.04

2,402.80 12,014.00

327.10 1,270.10

739.24

295.06

180

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule GG (Continued)

STATEMENT OF CURRENT EXPENDITURES (Continued)

Fund Classification General Restricted

Object Classification

Salaries

Operating

and

Supplies and

Wages

Expenses EauiDment

ORGANIZED RESEARCH (Cont'd)

Poultry, Athens

$ 1,269.00 $

Regional Poultry Lab, Athens

Ag. Engineering S-8 Athens

507.25

So.Piedmont Experiment Sta.

Georgia Alumni Foundation

Seed Revolving Fund

7,329.00 $ 18,535.00
2,911.10 40,514.18
4,000.00 7,438.87

7,085.00 $ 881.35 $

5,500.00 13,035.00

1,443.59

1,286.29

17,850.10 21,704.13

4,000.00

1,153.26 6,285.61

631.65
688.47 959.95

TOTAL RESEARCH

$387,032.95 $1,089,787.23 $1 ,149,288.22 $245,765.49 $81,766.47

TOTAL EDUC. & GEN. EXPENSE

$527,242.17 $1,127,529.84 $1 ,251,194.31 $311,548.30 $92,029.40

TRANSFER TO: Plant Funds

$ 18,100.00 $

NON-EXPENSE

_________________ 1,662.25

TOTAL CURRENT EXPENDITURES

$545.342.17 $1.129.192.09

181

Schedule HH

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Allied Chemical & Dye Company American Cyanamic Company American Society of Ref. Engineers American Sheep Producers Council Carbide & Carbon Company C o m Products Company Civil Defense Eatonton Project Sales Escrow Funds - Timber Georgia Alumni Foundation Hercules Powder Company New England Confectioners Assoc. National Science Foundation Niagara Machinery & Chemical Company Phillips Petroleum Company Quartermaster Depot Refrigeration Research Foundation Shell Chemical Company A. E. Staley Company Small Business Association Spencer Chemical Company Tennessee Corporation Tennessee Valley Authority Trust Company of Georgia U.S.D.A. U. S. Rubber Company U. S. Study Commission Velsicol Corporation Seed Revolving Fund Hatch Funds Regional Research Funds Title II Funds State Funds to Match Title II Southern Piedmont Experiment Station
TOTALS

Balance Beginning
Of Year

Income For
Year

Expense Balance

For

End

Year 'Of Year

$ 680.47 $ 9.79
973.75 100.00 1,164.04 625.00 (-)2,829.00 22,711.67 1,662.25
220.51 12,498.72
350.00
1,561.18 747.30 942.84
319.08 1,404.23
300.00 (-)1,920.29
100.00
967.75 3,547.24
3.507.56

$ 1,000.00
700.00
1,875.00
43,883.51 500.00
4,000.00 4,000.00
7,100.00 600.00
1,000.00
1,000.00
7,400.00
750.00 7,000.00
6,928.29
14,222.90 1,000.00 8,234.66
753,332.00 170,964.00
13,450.00 13,450.00 40.843.51

209.00 :$ 471.47

859.93

149.86

973.75

800.00

93.75 1,070.29

108.30 2,391.70

(-)2,829.00

66,595.18

1,662.25

500.00

4,000.00

2,142.04 1,857.96

220.51

13,511.00 6,087.72

600.00

350.00

1,000.00

1,507.94

53.24

763.69

983.61

616.66

326.18

7,336.00

64.00

319.08

380.58 1,773.65

7,000.00

300.00

6,482.03( -)1,474.03

100.00

14,222.90

751.79 1,215.96

7,438.87 4,343.03

753,332.00

170,964.00

13,450.00

13,450.00

40,514.18 3.836.89

$49,644.09 $1..103.233.87 $1..129.192.09 $23,685.87

Schedule II
Employee's Bond Account Group Insurance Retirement Fund Sales Tax Social Security Withholding Tax (Federal) Withholding Tax (State)
TOTAL AGENCY FUNDS

STATEMENT OF AGENCY FUNDS

Balance Beginning
Of Year
$

Receipts For
Year
$ 3,669.65 20,739.92 39,861.79 343.72 24,932.41 114,546.38 6,280*85

Disbursements Balance

For

For

Year

Year

$ 3,669.65 $

20,739.92

39,861.79

343.72

24,932.41

114,546.38

6.280.85

$

$210,374.72 $210,374.72 $

182

*
I
>jHf
V I* 1
a* If* >*
V (4 A .
f

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule JJ

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts For Year

Di sbursements Cash Balance

For Year

June 30.1961

CURRENT FUNDS General Restricted

$ 45,233.30 49,644.09

$ 544,233.73 1,.103,233.87

$ 545,342.17 1 ,129,192.09

$44,124.86 23,685.87

TOTAL CURRENT FUNDS

$ 94,877.39 $1,647,467.60 $1.674,534.26 $67.810.73

AGENCY FUNDS PLANT FUNDS
TOTAL

$ ........ $ 210,374.72

$ 25.732.43

27,186.00

$120.609.82 $1,885,028.32

$ 210,374.72 $ 31,397.06 $1,916,306.04

$21,521.37 $89,332.10

BANK BALANCES
Petty Cash, Georgia Experiment Station Commercial Bank & Trust Company, Educational & General Commercial Bank & Trust Company, Plant Fund Commercial Bank & Trust Company, Seed Revolving Fund Commercial Bank & Trust Company, Escrow Funds Commercial Bank & Trust Company, Southern Piedmont Experiment Station Petty Cash, Southern Piedmont Experiment Station
TOTALS

$ 300.00 58,830.81 21,521.37 4,343.03 500.00 3,761.89
_____ 75.00
$89.332.10

Schedule KK

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Funds For Plant
Additions

Funds For Debt
Service

BALANCE BEGINNING OF YEAR
ADDITIONS State Allotment Transfers from Educational & General Funds

$25,732.43 $
8,500.00 18,100.00

TOTAL ADDITIONS
DEDUCTIONS Land Buildings Improvements other than Buildings Repairs Transfers to Educational & General Funds
TOTAL DEDUCTIONS
BALANCE END OF YEAR

$52,332.43 $
$ 500.00 $ 9,849.48 5,000.00
13,330.71 2.130.87
$30,811.06 $
$21.521.37 $

Total
$25,732.43
8,500.00 18,100.00
$52,332.43
$ 500.00 9,849.48 5,000.00
13,330.71 2,130.87
$30,811.06
$21.521.37

183

Schedule KK-1

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

LAND Experiment

Balance

Balance

Julv 1,1960 Receipts Disbursements Transfers End of Yr.

$20,500.00 $ 500.00 $ 500.00 1

$20,500.00

TOTAL LAND

$20,500.00 $ 500.00 $ 500.00 $

$20,500.00

BUILDINGS

Hort. & Ento. Greenhouse

$ 297.06 $

$ 297.06 $

$

Drier - Mt. Station

333.04

333.04

Room Added-Weed Control Greenhouse 1,487.75

719.38

New Tenant House

586.00

586.00

Sweet Potato Storage House

8,500.00 8,500.00

768.37

TOTAL BUILDINGS
IMPROVEMENTS OTHER THAN BUILDINGS Hard Surfacing Road, Eatonton Hard Surfacing Roads Experiment Trimming trees on Campus

$ 2,703.85 $ 8,500.00 $ 9,849.48 $ 586.00 $ 768.37

$ 2,130.87 $

$

$2,130.87 $

3.500.00 3.500.00

1.500.00

1.500.00

TOTAL IMPROVEMENTS OTHER THAN BLDG.$2,130.87 $ 5,000.00 $ 5,000.00 $2,130.87 i _

REPAIRS Repairs - Mt. Station Repairs - Experiment

$ 397.71

586.001 $ 397.71 $

12.600.001 12,933.00

$ 253.00

TOTAL REPAIRS TOTAL PLANT FUNDS

$ 397.71 $13,186.00 $13,330.71 $

$ 253.00*

$25,732.43 $27,186.00 $28,680.19 $2,716.87 $21,521.37

Schedule KK-2

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

VALUE OF PLANT JULY 1, 1960

$4,091,577.04

ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs Not Capitalized Expended from Educational & General Funds

$28,680.19 13,330.71

$15,349.48 92,029.40

TOTAL ADDITIONS DURING YEAR

107,378.88

TOTAL VALUE OF PLANT JULY 1, 1960 PLUS ADDITIONS

$4,198,955.92

DEDUCTIONS DURING YEAR Buildings demolished
VALUE OF PLANT June 30, 1961 Less Equity of University System Building Authority

$ 3,288.98

3,288.98
$4,195,666.94 275,849.32

NET INVESTMENT IN PLANT

$3.919.817.62

184

fcl t

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Year Acquired

Investment Beginning Of
Year_____ _

Additions

Deductions

A. LAND

Georgia Experiment Station

123 Acres

1889

90 Acres

1907

310.92 Acres

1937

231.765 Acres

1941

125.6 Acres 9 Acres

1942 1943

64.4 Acres

1945

38.22 Acres

1952

170.6 Acres

1954

Georgia Mountain Station

200 Acres

1932

172 Acres

1948

8 Acres

1960

5 Acres

1961

Eatonton Area

14,314.89 Acres

Putnam & Morgan Counties1954

$

$

169,526.40

9,182.67 18,347.87
5,500.00 6,825.00
800.00

u 431,489.00

$ 500.00

TOTAL LAND

$1,641,670.94 $ 500.00 $

IMPROVEMENTS

Fencing, Clearing Land & Surfacing

roads, triming trees--Experiment $17,344.13 $ 5,000.00 $

Fencing, wells, electric System

telephone line s-Eatonton

42,166.19

Hot Beds

785.00

Clearing land, planting orchards

Blairsvilie

3,023.50

Sheep Lots

700.00

TOTAL LAND & IMPROVEMENTS

705,689.76 $ 5,500.00 $

B. BUILDINGS

Adm. Library-Aud.

1954

Flynt

1929

Auditorium (Old)

1908

Nutritional Lab.

1940

Old Horticulture Bldg. 1896

Cowart Building

1948

Dairy Building

1940

Cow Testing Bldg.

1941

Swine Barn

1925

Potato Storage House 1930

Potato Storage Shed 1961

Slaughter House

1935

Utility Barn

1945

Cattle Sleeping Barn 1928

$ 371,857.58 $

$

75,000.00

6,000.00

10,000.00

3,000.00

53,573.91

19,167.52

2,909.00

2,107.50

700.00

8,500.00

400.00

2,000.00

6,000.00

Investment End of Year
$
169,526.40
9,182.67 18,347.87
5,500.00 6,825.00
800.00 500.00
1,431,489.00
$1,642,170.94
$ 22,344.13
42,166.19 785.00
3,023.50 700.00
$1,711,189.76
$ 371,857.58 75,000.00 6,000.00 10,000.00 3,000.00 53,573.91 19,167.52 2,909.00 2,107.50 700.00 8,500.00 400.00 2,000.00 6,000.00

185

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION
Schedule KK-3 (Continued)
STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning Of
Year

Additions

Deductions

Investment End Of Year

BUILDINGS (Cont'd)

Agronomy Greenhouse

1930

$

Calf Nutrition Barn 1956

Chemistry & Hort.Green-

house

1930

Plant Path.Greenhouse 1940

Hort. & Ent. Greenhouse^ 1957

General Storage Bldg. 1915

Old Mule Barn

1920

Fertilizer & Seed Barn 1941

Drying House

1935

Sanford Barn

1938

Gin House

1946

Food Processing Lab. 1948

Residences & Tenant

Houses

Weighing Office & Shed 1941

Barn (Westbrook Farm) 1942

Implement Shed-Beef

Cattle

1925

Hort.Peach Packing &

Implement Shed 1948

Barn (Back of School) 1941

Agron. Implement Shed 1949

Forage Crop & Grain Drier 1949

Forage Crop & Grain Drier 1957

Sheep Shed

1943

Sheep Shed

1941

Cattle Feeding Sheds(4)1941

Pump house

1941

Plant Intro.Greenhouse 1950

Insectory

1950

Hog Farrowing B a m

1953

Gasoline House

1953

Ent.,For. & Ag.Ec.Shed 1953

Agron.Imp,& Mule Shed 1953

Silos(6 concrete)

1956

A g . Eng. Shop

1957

Dairy Heifer Feeding Barnl957

Beef Cattle Feeding & Hay

Storage

1957

Forage Crop Greenhouse 1959

Plant Path.Tool House 1958

Quonset Hut Barn

1960

Quonset Hut B a m (Double

Cabin)

1960

Silo (steel)

1920

Silo (12xl4-Concrete) 1960

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
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 6,281.41
1,500.00 200.00
3,320.00

$ 297.06
719.38

$ 988.98

1,500.00

1,500.00

2,000.00 5,000.00 27,169.03 2,000.00 3,000.00 3,500.00
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
200.00 23,315.25
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 6,281.41

1,500.00 200.00
3,320.00

186

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acauired

Investment Beginning Of
Year

Additions

Deductions

Investment End Of Year

BUILDINGS (Cont'd)

Sheep Shed

1959 $

Plant Intro.Imp.Shed 1953

Lath House

1952

Mountain Station

Office & Auditorium 1953

Cabin Lab.(USDA)

1937

Community Cannery

1937

Shop & Fert.House(tool

storage)

1932

Office (soils)

1937

Two Residences

1932-38

Implement Shed

1940

Exhibit Sheds

1940

Storage Shed

1940

Dairy Building

1948

Residence

1948

Calf Barn

1948

Dairy Barn

1949

Sheep Barn

1949

Livestock Barn & Imp. shedl949

Fert.Storage & Drier 1959

Pump House

1953

Greenhouse

1959

Eatonton Proiect

Office Building

1955

Manager's House

1955

Dwelling Houses(13)

1955

Mule Barn(Calvert)

1954

Well Houses (17)

1955

Garage (Calvert)

1954

Carpenter Shop

1954

Garage (Fire Trucks) 1954

Machine Shop

1954

Oil & Grease House

1954

Tool & Mach. Shed

1954

2 Metal Mach. Sheds 1954

Pole Mach. Shed

1954

2 B a m s (Grain & Hay

Storage)

1954

2 Barns (Bullard Place)1954

Barn (White)

1954

Barn (Layson - Key)

1954

Hay Barn (Glades)

1954

3 Hay Feeding Shed(Glades)1954

2 Hay Feeding Sheds(Hall)1954

Barn (Hall)

1954

House (Hay Storage-Hall)1954

House (Grain & Hay Storage

Williams-Broadnax) 1954

400.00 $ 1,200.00
800.00
57,525.61 740.00 725.00
525.00 1,000.00 3,000.00
20.00 130.00 140.00 4,500.00 1,600.00 400.00 3,250.00 750.00 3,000.00 12,666.96 500.00 17,384.09
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

$ 333.04

$

400.00

1,200.00

800.00

57,525.61 740.00 725.00

525.00 1,000.00 3,000.00
20.00 130.00 140.00 4,500.00 1,600.00 400.00 3,250.00 750.00 3,000.00 13,000.00 500.00 17,384.09

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

187

UNIVERSITY OF GEORGIA GEORGIA EXPERIMENT STATION

Schedule KK-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Year Acquired

Investment Beginning Of
Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (Cont'd)

3 Hay Sheds(Garrison) 1954

2 Hay Sheds(Hargroves) 1954

Barn (Hargroves)

1954

5 Corrals

1954

Machinery Shed

1954

Barn (Burston)

1954

Dwelling

1960

Athens, Georgia

Regional Poultry Brooder

House

1954

Brooder House #2

1955

Pump House

1955

2 Silos

1957

$ 1,600.00 $ 1,600.00 800.00 5,000.00 200.00 500.00
10,110.00
15,713.57 8,891.19 498.83 2,945.00

$

$ 1,600.00

1,600.00

800.00

5,000.00

200.00

500.00

10,110.00

15,713.57 8,891.19 498.83 2,945.00

TOTAL BUILDINGS

$1,210,206.68 $ 9,849.48 $ 3,288.98 $1,216,767.18

C. EQUIPMENT Admin.B ldg.(Bldg.Auth.) Administrative Ag. Economics A g . Engineering Agronomy Animal Industry Chemistry Eatonton Project Area Entomology Food Processing Forestry Georgia Mountain Station Home Economics School of Home Ec.,Athens Horticulture Library Plant Pathology Plant Introduction Station Southern Piedmont Exp. Sta. Regional Poultry Lab, Athens College Experiment Sta Ga. Coastal Plain Station Plant Operations

$ 12,547.82 $ 39,980.37

$ 999.08

77,844.16

5,199.67

26,285.22

3,267.43

146,444.56

6,864.13

155,663.25

7,798.98

57,267.20

1,922.79

160,906.74

972.37

35,616.25

5,415.31

59,635.98

5,543.47

7,139.04

410.30

69,592.96

4,342.68

36,992.89

1,381.74

17,972.57

478.81

52,460.76

11,419.73

52,066.25

8,270.00

47,149.05 11,070.59

21,735.09

2,448.71

4,204.96

959.95

13,232.36

42,825.16

6,716.91

31,324.81

5,552.90

6,793.15

993.85

$ 12,547.82 40,979.45 83,043.83 29,552.65 153,308.69 163,462.23 59,189.99 161,879.11 41,031.56 65,179.45 7,549.34 73,935.64 38,374.63 18,451.38 63,880.49 60,336.25 58,219.64 24,183.80 5,164.91 13,232.36 49,542.07 36,877.71 7,787.00

TOTAL EQUIPMENT

$1,175,680.60 $ 92,029.40 ?

$1,267,710.00

TOTAL INVESTMENT IN PLANT

$4.091.577.04 $107.378.88 $ 3.288.98 $4 .195.666.94

188

PART VIII UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Tifton, Georgia
Schedule LL - Schedule RR-3
189

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule LL

BALANCE SHEET June 30, 1961

ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Time Deposit TOTAL GENERAL FUNDS

$(->4,380.49 50.000.00 $

45,619.51

B. RESTRICTED Cash in Bank Accounts Receivable
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS

$ 75,503.85 2,278.75

77,782.60

$ 123,402.11

II. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 8,845.78

B. EXPENDED Land Buildings Improvements, Other Equipment
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 229,298.20 14,239.91
942,452.37 500,372.55

1,686,363.03

1.695,208.81 Sit818.610,92

190

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule LL

BALANCE SHEET June 30, 1961

LIABILITIES

I. CURRENT A. GENERAL Surplus

$ 45,619.51

TOTAL GENERAL FUNDS

$ 45,619.51

B. RESTRICTED

Fund Balance

77,782.60

TOTAL CURRENT FUNDS
II. PLANT FUNDS A. UNEXPENDED Fund Balance
B. EXPENDED Equity in Univ. System Bldg.Auth. Invested in Plant

$ 123,402.11
$ 8,845.78 $ 208,957.88
1.477.405.15

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

1.686,363.03 1,695,208.81
$1.818.610.92

191

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule MM

STATEMENT OF CURRENT INCOME For Year Ended June 30.1961

PUBLIC APPROPRIATIONS State of Georgia Regular Operations
GIFTS AND GRANTS FROM PRIVATE SOURCES Allied Chemical Company Camellia Societies d-Con Corp. Department of Agriculture Dow Chemical Company E. I. DuPont de Nemours & Company Geigy Chemical Company Georgia Veterinary Med. Assoc. & Aux. G.F.A. Peanut Association Golf Course Supts. Assoc. Georgia State Golf Assoc. Hess & Clark Jeffords Research Fund Morton Chemical Company National Plant Food Institute Patten Seed Company Pennsalt Chemical Corp. Rohm & Haas Company Shell Chemical Company Southern Turf Nurseries Tennessee Corp., et al Tidewater Experiment Station U. S. Army U.S.D.A. - Entomology U.S.D.A. - Pelleting Building U.S. Golf Assoc., et al U. S. Rubber Company Upjohn Company Vineland Chemical Corporation Whitman Seed Company

General Income

Restricted Income

Total Income

$396,600.00 $

$396,600.00

1,500.00 400.00
6,666.64 36,000.00
1,000.00 800.00 500.00 115.00
4,628.00 500.00 100.00
12,000.00 705.00 200.00 300.00 300.00 500.00 500.00 400.00 325.00
1,250.00 1,415.40 2,389.97 2,148.08 2,064.35 2,408.50 3,600.00
500.00 500.00 2,000.00

1,500.00 400.00
6,666.64 36,000.00
1,000.00 800.00 500.00 115.00
4,628.00 500.00 100.00
12,000.00 705.00 200.00 300.00 300.00 500.00 500.00 400.00 325.00
1,250.00 1,415.40 2,389.97 2,148.08 2,064.35 2,408.50 3,600.00
500.00 500.00 2,000.00

TOTAL GIFTS AND GRANTS
SALES AND SERVICES Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Forage Crops 6e Pastures Grass Breeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils

$

$85,715.94 $ 85,715.94

$ 3,470.35 $ 8,157.76
101,108.73 331.00
33,990.36 412.66
1,367.16 8,378.87
124.50 2,654.50 15,724.05
691.22

$ 3,470.35 8,157.76
101,108.73 331.00
33,990.36 412.66
1,367.16 8,378.87
124.50 2,654.50 15,724.05
691.22

192

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Schedule MM (Continued)
STATEMENT OF CURRENT INCOME (Continued)

SALES AND SERVICES (Cont*d) Tobacco
TOTAL SALES AND SERVICES
OTHER SOURCES Plant Rents Foundation Fund Interest on Time Deposit
TOTAL OTHER SOURCES
TOTAL CURRENT INCOME

General Income

Restricted Income

Total Income

$ 10,880.91 $ $187,292.07 $

$ 10,880.91 $187,292.07

$

20.10

2,046.00

400.00

843.75

L 3,309.85 $587,201.92

$

$

20.10

2,046.00

400.00

843.75

$

W 3,309.85

$85..715.94 $672,917.86

193

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule NN

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Object Classification

Salaries Operating

And

Supplies and

Waees

Exoenses Eauimnent

ADMINISTRATIVE & GENERAL Director's Office General General Staff Benefits

$ 27,266.52 $ 13,139.44 19,069.93

$ 25,949.88 $ 1,316.64 $

2,749.92

9,868.76

19,069.93

520.76

TOTAL ADMIN. & GEN. PHYSICAL PLANT

$ 59,475.89 $ $ 53,115.90 $

$ 47,769.73 $ 11,185.40 $ 520.76 $ 21,732.02 $ 30,283.37 $ 1,100.51

LIBRARY

$ 11,929.32 $

$ 7,715.00 $ 3,486.07 $ 728.25

ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Forage Crops & Pastures Grass Greeding Horticulture Plant Pathology Range Grazing Shade Tobacco Soils Tidewater Station Tobacco Turf

$ 16,828.54 48,186.06
118,989.95 27,788.72 1,516.57 29,383.84 6,670.19 19,237.65 16,366.01 57,843.42 13,459.85 19,761.43 35,259.34 19,416.61
14,015.27

$ 1,142.05 2,278.75
42,364.76
1,644.40
328.00 2,927.00 2,342.32
1,128.19 2,362.67 2,544.69 4,914.06

$ 13,112.59 40,553.31 49,890.22 49,416.32 1,116.63 13,117.08 5,845.12 12,049.76 12,820.00 50,779.43 13,219.45 15,581.40 22,417.15 16,632.42 870.77 12,203.49 4,697.65

$ 3,375.87 6,810.17
47,814.47 16,542.45
399.94 16,074.94
825.07 2,937.89 3,437.56 9,400.34 2,188.57 4,180.03 10,181.14 2,751.14 1,491.90 4,161.47
216.41

$ 340.08 1,964.63
23,564.01 4,194.71
191.82 1,644.40 4,250.00
436.45 590.65 394.15
2,661.05 1,161.24
195.00

TOTAL ORGANIZED RESEARCH

$444,723.45 $63,976.89 $334,322.79 $132,789.36 $41,588.19

TOTAL CURRENT EXPENDITURES

$569,244.56 $63,976.89 $411,539.54 $177,744.20 $43,937.71

TRANSFER TO PLANT FUNDS

14.750.00

TOTAL DISBURSEMENTS

$583,994.56 $63,976,89

194

Schedule 00

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Animal Pathology Department of Agriculture Georgia Vet. Med. Assoc. & Aux. The d-Con Company Hess & Clark U. S. Army
Grass Breeding Allied Chemical Company Arnold Dryer Company Commercial Solvents Corporation Escambia Chemical Corporation U. S. Steel Corporation
Horticulture The Calunite Corporation Minerals & Chemicals Corporation North Georgia Camellia Soc. South Georgia Camellia Soc.
Plant Pathology Dow Chemical Company Morton Chemical Company Rohm & Haas Company Shell Chemical Company Tennessee Corporation Pennsalt Chemicals Corp.
Soils R. A. Coleman E. R. Culbertson Georgia Lime Rock Company J. Bradwell Smith Tennessee Corporation
Tidewater Station Sales (Restricted National Plant Food Inst.
Tobacco E. I. duPont de Nemours & Co. Shell Chemical Company U. S. Rubber Company
Turf Allied Chemical Company American Cyanamid Company California Spray - Chemical Corp. Carolina Golf Association E. I. duPont de Nemours & Company Georgia State Golf Association Minnesota Mining & Mfg. Co. Mitt Jeffords Turf Fund Patten Seed Company Southern Golf Assoc. Southern Turf Nurseries
Upjohn Company

Balance Beginning
Of Year

^Receipts For
Year

Disbursement s Balance

For

End

Year

Of Year

$ 4,434.46 10.87
(->113.70 3,500.00
500.00 1,304.17 7,216.56 3,441.89
733.99 2,193.08
762.60
368.88 510.84 400.00
894.25
741.32 1,000.00
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

$36,000.00 115.00
6,666.64 12,000.00
2,389.97 1,500.00
200.00 200.00 1,000.00 200.00 500.00 400.00 500.00 100.00 100.00 200.00 100.00 750.00 1,415.40 300.00
3,600.00
800.00 100.00 705.00 300.00 325.00 500.00

$37,919.51 55.02
4,390.23
328.00 734.00 2,193.00
1,002.40 63.99
368.00 507.93 400.00
100.00 100.00 200.00 100.00 628.19 1,362.67 1,000.00
2,544.69
500.00 250.00 100.00
300.00 1,244.37
500.00

$ 2,514.95 70.85
2,276.41 12,000.00
2,276.27
5,000.00 500.00
1,304.17 7,216.56 3,113.89
(-).Ol .08
200.00 200.00
760.20 136.01 500.88 402.91
500.00
1,016.06
794.05 300.00
500.00 2,791.92 1,272.91
1,000.00 750.00
8,450.00
500.00 705.00
325.00 1,000.00

195

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule 00 (Continued)

STATEMENT OF OPERATION OF RESTRICTED FUNDS (Continued)

Balance Beginning
Of Year

* Receipts ^Disbursements Balance

For

For

End

Year

Year

Of Year

Turf (Cont'd) U. S. Golf Assoc., Et Al Vineland Chemical Company Whitman Seed Company Golf Course Supt's Assoc. Geigy Chemical Company
Agronomy G-F-A Peanut Association, Et Al
Animal Husbandry Bull Fund
U.S.D.A. Entomology Pelleting Building

$ 8,877.52
475.00 2,064.35

$ 2,408.50 500.00
2,000.00 500.00 500.00
4,628.00
2,148.08 2,064.35

$ 1,519.69 500.00

$ 9,766.33 500.00
2,000.00
500.00

1,142.05

3,485.95

475.00

1,644.40

503.68

2,278.75 (02,278.75

TOTAL

$51.591.27 $85.715.94 $63.976.89 $73.330.32

* Included in Educational & General Income **Included in Educational & General Expenditures

4A pi

1 i
196

Schedule PP

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year June 30.1961

CURRENT FUNDS General Restricted

$ 42,412.15 53,764.80

$587,201.92 85,715.94

$583,994.56 63,976.89

$ 45,619.51 75,503.85

TOTAL CURRENT FUNDS

$ 96,176.95 $672,917.86 $647,971.45 $121,123.36

PLANT FUNDS

$ 6,572.38 $ 14,750.00 $ 12,476.60 $ 8,845.78

TOTAL

$102,749.33 $687,667.86 $660,448.05 $129,969.14

BANK BALANCE

The Bank of Tifton, Tifton , Georgia , Educ. & General Account Time Deposit

$79,969.14 50,000.00

Schedule QQ

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Group Insurance Retirement Funds Sales Tax Social Security Federal Withholding Tax State Withholding Tax
TOTAL AGENCY FUNDS
Schedule RR

Balance Beginning
Of Year

Receipts For
Year

$

$ 9,998.60

16,314.10

48.61

13,642.93

46,292.20

2,053.71

$

$88,350.15

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, BEGINNING
ADDITIONS Transfer from Educational & General
TOTAL ADDITIONS
DEDUCTIONS Buildings Repairs Equipment
TOTAL DEDUCTIONS BALANCE END OF YEAR
197

Disbursement s Balance

For

End

Year

Of Year

$ 9,998.60

$

16,314.10

48.61

13,642.93

46,292.20

2,053.71

$88,350.15

$

Funds For Plant Additions
$ 6,572.38
14,750.00 $21,322.38
$ 7,762.53 4,002.13 711.94 $12,476.60
$ 8.845.78

Schedule RR-1

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance Julv 1. 1960 Receipts

Balance Disbursements Transfers June 30.1961

BUILDINGS Animal Husb.Project Animal Husb.Shed Dairy Calf Barn 75a Dairy Cow Barn 74a Hort. Fruit Barn 16 Sweetpotato Shed Greenhouse

$ 206.12 918.97
49.07 (-052.74

$
2,000.00 3,000.00

$

$ 206.12 Rep.

918.97 Rep.

2,000.00

1,015.64

4,746.89 (->4,746.89 Rep.

49.07 Rep.

(->52.74 Rep.

$ 1,984.36

TOTAL BUILDINGS

$1,121.42 $ 5,000.00 $ 7,762.53 (->3,625.47

$1,984.36

IMPROVEMENTS OTHER THAN BLDGS.

Curbing Parking Area

$ 58.75 $

$

Paving & Concrete Work Dairy

3,900.00

TOTAL IMPROVEMENTS OTHER

$ 58.75 $ 3,900.00 $

$ 58.75 Rep. $ 3,900.00

$ 58.75

$3,900.00

EQUIPMENT Animal Disease Lab.
TOTAL EQUIPMENT

$.

$

il

$

$ 711.94 ->711.94 Rep. $

$ 711.94 ->711.94

_ J ________

REPAIRS Animal Disease Lab. Extension Bldg. 2 Hort Fruit Barn 16
Cottage No. 30 Soils Barn No. 39 Cottage No. 41 Hort. Barn N o . 47 Cottage No. 51 Cottage No. 61 Cottage No. 72 Cottage No. 73 Dairy Barn N o . 74 Cottage No. 91 Miscel. Repairs
TOTAL REPAIRS
TOTAL PLANT FUNDS

$1,160.96 3,200.00
769.00
262.25 $5,392.21 $6,572.38

$ 1,000.00 1,500.00
400.00 300.00 300.00
200.00 550.00 250.00 250.00 900.00 200.00
$ 5.850.00
$14,750.00

$ 384.00 663.02
445.21

$ 711.94 Eq.
(4,746.89 Bldg ((->58.75 Imp.

13.63

546.10

1,688.17 (->1,121.42 Bldg 262.00

$ 65.02 336.98
11.86 (->45.21
300.00 286.37 769.00 200.00
3.90 250.00 250.00 333.25 200.00
.25

$ 4,002.13 $4,278.66

$2,961.42

$12,476.60 $

$8,845.78

198

Schedule RR-2

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

VALUE OF PLANT, JULY 1, I960
ADDITIONS DURING YEAR Expended from Plant Funds Less Repairs Not Capitalized Expended from Educational & General Funds Appreciation from Plant Funds TOTAL ADDITIONS DURING YEAR
TOTAL VLAUE OF PLANT JULY 1, I960 PLUS ADDITIONS
DEDUCTIONS DURING YEAR Sale of Equipment & Demolished Buildings Educational & General Plant Funds
TOTAL DEDUCTIONS
INVESTMENT IN PLANT JUNE 30, 1961
DEDUCT: Plant Indebtedness Equity of University System Building Authority
NET INVESTMENT IN PLANT

$1,599,533.44

$12,476.60 4,002.13

$ 8,474.47 43,937.71 35,608.60

88,020.78 $1,687,554.22

$ 1,191.19 1,191.19
$1,686,363.03
208,957.88 $1.477.405.15

199

Schedule RR-3

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Investment

Year Beginning Of

Acauired

Year

LAND

192.90 A Original Tract

1919 $ 19,290.00

60.70 A Tift #1 Tract

1925

6,070.00

61.60 A Tift #2 Tract

1932

6,160.00

93.77 A Henry Tift Tract 1935

9,377.00

43.93 A Mitchell Tract

1935

4,393.00

214.70 A Choate Tract

1936

10,735.00

165.00 A College Tract

1937

16,500.00

552.90 A Carson Tract

1937

36,395.00

2.25 A Tifton Realty Tr. 1937

225.00

.966 A Fulwood Tract

1937

289.80

28.13 A Grimes Tract

1940

5,626.00

4.62 A Saunders Tract

1940

1,600.00

425.06 A Decatur Co. Tract 1939

10,626.50

1480.40 A Alapaha Tract

1941

14,804.00

47.00 A Alapaha Tract

1941

1,175.00

53.50 A Alapaha Tract

1941

567.75

1223.30 A Alapaha Tract

1941

12,844.65

50.00 A Cumby Tract

1950

3,000.00

514.00 A Carpenter Tract

1941

17,895.50

310.80 A Gibbs Tract

1956

36,454.00

75.00 A Bowen Tract

1956

15,270.00

5600.526 A Land

TOTAL

,1 229,298.20

Additions $
$

Deductions $
$

IMPROVEMENTS

Deep Well,Carpenter Farm 1958 $ 1,482.23 $

$

Draining Bowen Farm

1958

1,570.50

Deep Well, Bowen Farm

1959

1,889.58

Well, Gibbs Farm

1959

945.02

Wells, Mitchell Tract

1959

Livestock Pens, Carpenter

1,491.33

Farm

1959

1,920.00

Clearing Land,Alapaha Farm 1959

3,400.00

Curbing, & Guttering Parking

Area Main Station

1959

1,541.25

TOTAL IMPROVEMENTS

$ 14,239.91 $

$

TOTAL LAND AND IMPROVEMENTS

$ 243,538.11 $

$

BUILDINGS

Research Building

1937 $ 60,000.00 $

$

Extension Building

1922

46,500.00

Admin., Lib., 6e Lab. (Bldg. A. >1955

286,162.55

Superintendent's Dwelling

4,000.00

Greenhouse, No. 1

4,000.00

Greenhouse, No. 2

28,089.74

Greenhouse, No. 3

1956

8,200.00

Car Shed

1,600.00

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
$ 229,298.20
$ 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 1,600.00

200

g
L7*
VT'*1 *

Ar
HJ
Ir Ii t
v . y.
1
11 f\ft
If

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Schedule RR-3 (Continued)
STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment

Year Beginning Of

Acauired

Year

Additions

BUILDINGS (Cont'd)

Feed Sample House

$

Engineer's Shop & Gr.Br.Shed

Machine Shop & Shed

Nematology Shop

Entomology Shop

1958

Main Barn

Insecticide House

1956

Oil House

Horticulture Barn

1961

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Co 11age

Employee's Cottage

Employee's Cottage

Gin & Seedhouse

Potato Curing House

Seed Drying House

Seed Cleaning House

Tobacco Packhouse

Tobacco Fertilizer House

Employee's Cottage

Agricultural Eng. Shed

1956

Tobacco Curing Barn (N.E.)

Tobacco Curing Barn (Med.E.)

Tobacco Curing Barn (S.E.)

Tobacco Curing Barn (N.W.

Tobacco Curing Barn (Med.W.)1955

Tobacco Curing B a m (S.W.)

Tobacco Packhouse

Soils Laboratory

1949

Soils Shed

1956

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Insectory (Ent.)

1956

Insectory (Ent.)

Sweetpotato Shed

1958-59

Horticulture Main Barn

Grass Breeding Barn

Grass Breeding Pumphouse

Garage (Plant Path.)

Employee's Cottage

Employee's Cottage

Agronomy Barn (F & P)

Agronomy B a m (Agron.)

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 2,000.00 4,000.00 4,000.00

$ 4,746.89

Deductions $
500.00

Investment End Of Year

$

200.00

1,215.54

1,145.83

750.00

531.74

6,000.00

200.00

100.00

4,756.89

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

2,000.00

4,000.00

4,000.00

201

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Schedule RR-3 (Continued)
STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment

Year Beginning Of

Acquir4

Year

BUILDINGS (Cont'd)

Agronomy Bara (Peanuts) Shed & Storage Bara (F & P)

$ 4,000.00 2,000.00

Machine Shed (Agron.)

1,000.00

Fertilizer Barn

1,000.00

Employee's Cottage Employee's Cottage

650.00 2,800.00

Employee's Cot tage

1,500.00

Employee's Cottage Employee's Cottage Employee's Cottage Small Animal House

1944 1949

2,800.00 1,000.00 3,000.00 1,800.00

Animal Disease Laboratory 1950

71,680.74

Animal Disease Isolation Housel954 28,880.84

Animal Disease Feed House 1950

300.00

Animal Screen House Pump House Employee's Cottage Employee's Cottage (Dairy)

1959 1954

200.00 400.00 3,000.00

Employee's Cottage Employee's Cottage

1956 1956

4,300.12 4,300.12

Dairy & Dairy Barn

33,000.00

Dairy Cow Barn

1961

Breeding Barn, Dairy

Dairy C If Barn

1961

Bull Shed, D iry

Bull Shed, Dairy

Employee's Cottage, An.Hus.

Employee's Cottage

1956

Supt's. Cottage, An.Hus.

Gas & Oil House, An. Hus.

An. Hus. Mule Barn

An. Hus. Machine Shed

An. Hus. Machine Shed

An. Hus. Hay Drying Shed 1959

An. Hus. Corn Crib

1958

An. Hus. Cow Barn

An. Hus. Feed & Mill House

An. House Cow Bara

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Employee's Cottage

Farrowing House

1951

Main Cottage -Employee's

Employee's Cottage

1959

An. Disease Laboratory

1957

Pig Parlor

1957

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 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 2,500.00 2,500.00 7,569.65 8,767.83 1,200.00

Additions $
1,015.64 2,000.00

Deductions

Investment End Of Year

$

$

(-)2,280.00 (-)3,089.38*

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
2,280.00* 200.00 400.00
3 .0 0 0 . 00 4.300.12 4.300.12 33,000.00
1,015.64 400.00
5,089.38 200.00
200.00
1,000.00
4.122.88 4.000. 00
200.00 8 . 000. 00
1 ,00 0.00
3.276.88
281.03
1 , 00 0 .0 0
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
2.500.00
7,569.65
. 8,767.83
1 200.00

202

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION

Schedule RR-3 (Continued)

STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment

Year Beginning Of

Acauired

Year

Additions

Deductions

Investment End Of Year

BUILDINGS (Cont'd)

Swine Nutrition Barn Swine Nutrition Barn

1958 $ 1958

3,991.93 $ 3,991.92

Swine Feed & Office Bldg . 1959

13,118.00

Swine Evaluation Bldg.

1959

4,527.12

Swine Evaluation Bldg.

1959

4,527.12

Animal Disease B a m

1956

Well Pump House

1959

1,000.00

Beef Evaluation Barn

1959

11,762.82

Livestock Arena, An. Hus

1959

27,349.73

Miscellaneous Bldgs.

1,450.00

Berrien County

Pump House

300.00

Employee's Cottage

600.00

Main Dwelling

3,500.00

Employee's Cottage

2,000.00

Hay Barn

1958

3,837.59

Shed & Shop

1959

2,609.08

Barn

500.00

Commissary Building

400.00

Decatur County

Main Dwelling

1952

11,237.13

Hort. Dwelling

1956

9,500.00

Office & Storage Bldg.

9,760.00

Tool & Fertilizer Barn

300.00

General Purpose B a m

4,000.00

Implement Shed

1,000.00

Tobacco Curing Barn 40 x 60'

1,500.00

Tobacco Curing B a m 40 x 120'

3,000.00

Tobacco Curing Barn 40 x 120*

3,000.00

Foreman's Cottage

800.00

Employee's Cottage

550.00

Employee's Cottage

550.00

Employee's Cottage

550.00

Employee's Cottage

500.00

Employee's Cottage

500.00

Employee's Cottage

500.00

Tobacco Shade - Cloth

1,700.00

Gibbs Farm

Main Dwelling

1956

6,200.00

Employee's Cottage

1956

3,565.00

Employee's Cottage

1956

4,219.00

Employee's Cottage

1956

4,757.60

Main B a m

1956

900.00

Tool Shed

1956

1,600.00

Shop

1956

300.00

Office

1956

1,025.00

Storage Barn Storage Barn & Shed

1956 1956

600.00 500.00

$

$

(-)4,560.00**

3,991.93 3,991.92 13,118.00 4,527.12 4,527.12 4,560.00 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 1,600.00
300.00 1,025.00
600.00 500.00

203

UNIVERSITY OF GEORGIA GEORGIA COASTAL PLAIN EXPERIMENT STATION
Schedule RR-3 (Continued)
STATEMENT OF INVESTMENT IN PLANT (Continued)

Investment

Year Beginning Of

Acquired

Year

Additions

B. BUILDINGS (Cont'd) Gibbs Farm (Cont'd) Storage Barn & Shed Bowen Farm Employee's Cottage, (E) Employee's Cottage, (W) Mule Barn St Feed Storage General Purpose Barn Tobacco Barn, (S) Tobacco Bara, (N) Tobacco Barn, Steel (#29)

1956 $
1956 1956 1956 1956 1956 1956

500.00 $
5,650.00 5,650.00 1,465.00 2,000.00 2,350.00 2,350.00
200.00

TOTAL BUILDINGS

$ 925,260.46 $ 7,762.53

EQUIPMENT Administration Bldg.(Bldg.Auth.) Administration & General Physical Plant Library Research

$ 6,518.73 27,173.17 13,224.79 22,331.01
361,487.17

$ 520.76
1,100.51 728.25
42,300.13

TOTAL EQUIPMENT

430,734.87 $44,649.65

TOTAL INVESTMENT IN PLANT

$1.599.533.44 $52.412.18

Investment End Of
^Deduetiojifl_________

$

$

500.00

5,650.00 5,650.00 1,465.00 2,000.00 2,350.00 2,350.00
200.00

? (->9,429.38 $ 942,452.37

$

$ 6,518.73

(-)715.28

28,409.21

691.19

13,634.11

(->1,082.11

24,141.37

(->23,881.83

427,669.13

$ (->24,988.03 ? 500,372.55 $ (->34.417.41 $1 .686.363.03

*U.S.D.A. Participation **Built by U.S.D.A.

204

Georgia Institute of Technology FINANCIAL REPORT
For the Year Ended June 30,1961

GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, Georgia

Edwin D. Harrison
President

J. R, Anthony
Comptroller

205

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS

A. GENERAL

Cash In Bank

Imprest Cash

Bank-Time Deposits

Accounts Receivable

Veterans Administra

tion

$

Students

State Vocational Funds

Georgia Tech. Res.

Inst.

__

TOTAL GENERAL FUNDS

$ 415,233.85 27,035.00
400,000.00

540.00 180.00 15,699.23
15.396.13

31.815.36 $ 874,084.21

B. SOUTHERN TECHNICAL INSTITUTE Cash in Bank Imprest Cash Accounts Receivable Veterans Administration TOTAL SOUTHERN TECHNICAL INSTITUTE

$ 173,594.09 1,500.00
805.00

175,899.09

C. ENGINEERING EXPERIMENT STATION

Cash in Bank

$(->102,218.36

Imprest Cash

200.00

Accounts Receivable

G. T. R. I. Projects $ 134,211.30

Ga. Inst, of Tech.

15,396.13

Other Research Contr.

153,792.50

Miscellaneous

12.240.80315.640.73

TOTAL ENGINEERING

EXPERIMENT STATION

213,622.37

D. RESTRICTED Cash in Bank

$ 922,137.04

TOTAL RESTRICTED FUNDS
E. AUXILIARY Cash in Bank Imprest Cash Bank-Time Deposits Accounts Receivable Students

922,137.04
$ 106,405.35 6,340.00
250,000.00
36.00

206

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Accounts Payable Due to Experiment Station Unearned Income Unappropriated Surplus

$ 47,757.98 36,402.31 15,396.13
285,235.00 489,292.79

TOTAL GENERAL FUNDS
B. SOUTHERN TECHNICAL INSTITUTE Purchase Orders Outstanding Accounts Payable Unearned Income Unappropriated Surplus TOTAL SOUTHERN TECHNICAL INSTITUTE
C. ENGINEERING EXPERIMENT STATION Purchase Orders Outstanding Unappropriated Surplus

$ 874,084.21

$

1,104.56

1,360.78

31,164.50

142.269.25

$ 33,287.59 180,334.78

175,899.09

TOTAL ENGINEERING EXPERIMENT STATION
D. RESTRICTED Purchase Orders Outstanding Accounts Payable Fund Balance TOTAL RESTRICTED FUNDS
E. AUXILIARY Accounts Payable Reserve for Stores (Inventory) Unearned Income Reserve for Infirmary Unappropriated Surplus

213,622.37

$ 22,987.91 2,506.84
896.642.29

922,137.04

$ 15,910.55 203,492.58 86,599.74 26,483.00 233,788.06

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

I, CURRENT FUNDS (CONTINUED)

E. AUXILIARY (CONTINUED)

Stores (Inventories)

Bookstore

$

Dining Hall

TOTAL AUXILIARY FUNDS

193,958.81 9.533.77 $

203.492.58 $

566.273.93

TOTAL CURRENT FUNDS

$ 2,752,016.64

II. AGENCY FUNDS Cash in Bank

1,010,607.62

III.

ENDOWMENT FUNDS Cash in Bank Investments Real Estate W. G. S. T. Radio Station Stocks Preferred Common Bonds Georgia Tech. University System Building Authority

$ 13,441.90
$ 74,015.78 4,915.58
10,491.25 42,355.88
218,000.00
964.000.00 1.313.778.49

TOTAL ENDOWMENT FUNDS

1,327,220.39

IV. STUDENT LOAN FUNDS Cash in Bank Investments Notes Receivable (Students) Bonds Georgia Tech. University System Building Authority

$ 44,698.33

$ 172,277.41

63.000. 00

25.000. 00

260.277.41

TOTAL STUDENT LOAN FUNDS

304,975.74

V. PLANT FUNDS A. UNEXPENDED Cash in Bank Bank-Time Deposits U. S. Government Bonds

$ 800,629.54 2,560,000.00 1,559,078.26

TOTAL UNEXPENDED

$ 4,919,707.80

208

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GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1961
LIABILITIES (CONTINUED)
I. CURRENT FUNDS (CONTINUED) E. AUXILIARY (CONTINUED)

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
Itll ENDOWMENT FUNDS Fund Balance

$ 566.273.93 $ 2,752,016.64 1,010,607.62
$ 1,327,220.39

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TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance

1,327,220.39 $ 304,975.74

TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Reserve for Bond Sinking Fund Reserve for Callaway No. 1 Replacement Reserve Fund Balance TOTAL UNEXPENDED

304,975.74
250,379.02 42,184.62
644,343.00 3.982.801.16
$ 4,919,707.80

209

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

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

$ 2,722,108.52 28,057,400.22 2,453,340.58 8.431.794.68 $41.664.644.00

TOTAL PLANT FUNDS

$46.584.351.80

TOTAL ASSETS

$51.979.172.19

210

GEORGIA INSTITUTE OF TECHNOLOGY

LIABILITIES (CONTINUED)

BALANCE SHEET June 30, 1961

V. PLANT FUNDS (CONTINUED) B, EXPENDED Bonds Payable Equity of University System Building Authority Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 1,276,000.00
8,958,932.77 31.429.711.23
$41.664.644.00
$46.584.351.80
$51.979.172.19

211

GEORGIA. INSTITUTE OF TECHNOLOGY
SUMMARY OF INCOME AND EXPENDITURES For Year Ended June 30, 1961

212

Educational & General So. Tech. fipnpral Restricted Institute

Experiment Auxiliary

Station

Enterprises

Plant

Student Aid

Total

A. INCOME Student Fees $2,497,855.90 $

$298,063.15 $

$

$

$

$ 2,795,919.05

Public Appropri

ations State of Ga. 3,587,000.00

Other

Endowment

20,760.12

Gifts & Grants 145,781.83

Sales & Services

Bookstore

Dormitories

Apartments

Dining Halls

48,668.22 247.50
635,322.75

334,000.00 4 ,000.00

660,000.00 9,099.09
3,190,664.98

861,765.43 544,661.95 285,435.23 839,553.33

127,000.00 50.004.00
10.650.00 21,546.43

25,747.72 371,965.77

4,708,000.00 98,672.22 55,854.43
1,167,720.35 3,212,211.41
861,765.43 544,661.95 285,435.23 839,553.33

Residential Property
Military Uniforms Parking Lots Health Service Fees

11,992.77 114,958.31
13,383.00 221,364.00

11,992.77 114,958.31
13,383.00 221,364.00

Other Sources

Rent from Alex. Mem. Bldg. 18,062.90

40,177.44

58,240.34

Research Contract Overhead 231,007.98

231,007.98

Interest on Investments 3,490.00

135,143.43

138,633.43

General & Mis-

c ellaneous 21.152.20____________

1.200.00_______ _______________ 486.00

TOTAL INCOME $6,525,110.93 $684,238.47 $637,263.15 $3,859,764.07 $2,933,777.46 $

1.268.35____________

24.106.55

345,612.21 $397,713.49 $15,383,479.78

Inter-Fund Transfers____ 76.100.28 50.572.71

233.747.86

2.703.80 953.629.01

1.316.753.66

RECEIPTS^

$6.601.211.21 $734.811.18 $637.263.15 $4.093.511.93 $2.936.481.26 $1,299,241.22 $397,713.49 $16,700,233.44

GEORGIA INSTITUTE OP TECHNOLOGY SUMMARY OF INCOME AND EXPENDITURES (CONTINUED)

213

Educational & General So. Tech. General Restricted Institute

Experiment Auxiliary

Station

Enterprises

B. EXPENDITURES

General Adminis-

tration

$ 353,759.97 $

General Expense 328,471.77

Student Welfare 82,369.29

$ 46,213.41 $ 109,877.60 $ 33,314.52
236.00 3,542.50

54,662.21 $

Plant Operations 986,052.23

69,335.99

Library

319,240.87

1,144.33

Instruction Academic

3, 508,363.10

3,770.79 386,313.17

Research

107,366.73 155,022.25

Extension

365,024.20 48,668.22

Research

Contracts

2,391,025.20

Station Supported

Research Divisional Expense Service Groups

303,438.06 487,373.92 250,787.30

Capital Additions

& Improvements Maintenance &

49,248.55

Operation General & Mis

111,498.02

cellaneous Vacation

257,253.99

Adjustments Bookstore Dormitories Apartments Dining Halls Residential

1,566.47

821,671.28 310,100.54 193,808.56 785,589.50

Property Military

2,058.33

Uniforms Parking Lots Infirmary

110,458.78 3,904.87
168,394.42

Plant

Student A-id

_________ T n t - a l,

$

$ 564,513.19

361,786.29

86,147.79

1,055,388.22

320,385.20

3,898,447.06

262,388.98 413,692.42

2,391,025.20

303,438.06 487,373.92 250,787.30

49,248.55

111,498.02

257,253.99

1,566.47 821,671.28 310,100.54 193,808.56 785,589.50

2,058.33

110,458.78 3,904.87
168,394.42

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY OF INCOME AND EXPENDITURES (CONTINUED)

Educational & General So. Tech. General Restricted Institute

Experiment Auxiliary

Station

Enterprises

Plant

Student Aid

Total

EXPENDITURES (CONT.)

Alex. Mem.

Building $ Additions Indebtedness

$

$

$

$ 21,147.50 $

$

2,870,479.32

$ 21,147.50 2,870,479.32

Retired Interest on

141,000.00

141,000.00

Indebtedness Authority Rentals Other Fellowships Scholarships Prizes TOTAL EXPENDI-

25,499.86 73,712.16
7,965.82

81,697.86 264,610.94
500.00

25,499.86 73,712.16
7,965.82 81,697.86 264,610.94
500.00

TURES

$6,050,648.16 $208,841.59 $538,719.59 $3,962,069.11 $2,471,795.99 $3,118,657.16 $346,808.80 $16,697,540.40

Inter-Fund

Transfers 401.129.99 32.616.85 3.000.00 240.609.94 471.130.87

8.792.06 36.607.79 1.193.887.50

TOTAL CASH

A

DISBURSEMENTS $6.451.778.15 $241.458.44 $541.719.59 $4.202.679.05 $2.942.926.86 $3.127.449.22 $383.416.59 $17.891.427.90

214

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GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income.

Restricted Income

Total Income

A. EDUCATIONAL AND GENERAL

STUDENT FEES

DAY SCHOOL Non-Resident Tuition Matriculation Summer School Other

$ 858,448.70 $ 930,896.50 266,775.80
20,425.59

EXTENSION DIVISION Non-Resident Tuition Matriculation

55,131.80 261,267.40

Other

16,378.50

Registration Fees - Short Courses

68,597.11

Food, Housing & Travel - Short

Courses

19.934.50

TOTAL STUDENT FEES

$ 2.497.855.90 $

$ 858,448.70 930,896.50 266,775.80 20,425.59
55,131.80 261,267.40
16,378.50 68,597.11
19.934.50 $ 2.497.855.90

PUBLIC APPROPRIATIONS State of Georgia - Operations Vocational Funds State Federal TOTAL PUBLIC APPROPRIATIONS

$ 3 ,587,000.00 $ $ 3.587.000.00 $

$ 3,587,000.00

35,654.52

35,654.52

13.013.70

13.013.70

48.668.22 $ 3.635.668.22

ENDOWMENT Julius L. Brown Josephine Cloudman Lloyd C. Daniels Torrester-McRal-Rankin Jennie L. Hamilton Broadus E. Willingham TOTAL ENDOWMENT

$ 15,335.34 $ 5,177.50
134.78 112.50
_ 20.760.12 $

GIFTS AND GRANTS

Atlas Powder Company

$

Atomic Energy Commission

Budd Company

Burlington Industries Foundation

J. M. Cheatham

Dow Chemical Company

Ebasco Services

General Food Fund, Inc.

Georgia Tech Foundation

Wilbur F. Glenn

B. F. Goodrich Fund, Inc.

J. M. Huber Corporation

Hughes Aircraft Company

10.00 $ 1,646.00
400.00 150.00
28.80 40.00
5.00 25.00 135,922.01 1,000.00 107.00 30.00 45.00

$ 225.00
22.50 247.50 $

15,335.34 5,177.50 225.00 134.78 112.50 22.50 21.007.62

$

10.00

1,646.00

400.00

150.00

28.80

40.00

5.00

25.00

135,922.01

1,000.00

107.00

30.00 45.00

215

GEORGIA. INSTITUTE OF TECHNOLOG! STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total

EDUCATIONAL AND GENERAL (CONT.)

GIFTS AND GRANTS (CONT.)

International Business Machines

Corporation

$

Donald J. Knapp

McGraw-Hill Publishing Company

Mercks Company Foundation

National Distillers & Chemical

Foundation, Inc.

National Lead Foundation Inc.

Northrop Corporation

Personal Products Corporation

Pittsburg National Bank

Pittsburg Plate Glass Foundation

Textile Education Foundation

Restricted Gifts and Grants

TOTAL GIFTS AND GRANTS

$

832.00 $

$

10.00

35.00

20.00

20.00 60.00 20.00 100.00 25.00 32.00 5,219.02
145.781.83 $

635.322.75 635.322.75 $

832.00 10.00 35.00 20.00
20.00 60.00 20.00 100.00 25.00 32.00 5,219.02 635.322.75 781.104.58

OTHER SOURCES Rent from Alexander Memorial Building Research Contract Overhead Interest on Investments General and Miscellaneous TOTAL OTHER SOURCES

$ 18,062.90 $ 231,007.98 3,490.00 21.152.20
$ 273.713.08 $

$ 18,062.90 231,007.98 3,490.00 21.152.20
$ 273.713.08

TOTAL EDUCATIONAL AND GENERAL INCOME

$ 6.525.110.93 $ 684.238.47 $ 7 .209.349.40

TRANSFERS From General Funds From Plant Funds From Restricted Funds From Experiment Station TOTAL TRANSFERS

$

$ 4,400.00 $

4,400.00

3,348.38

3,348.38

7,751.96

46,172.71

53,924.67

64.999.94

64.999.94

$ 76.100.28 $ 50.572.71 $ 126.672.99

TOTAL EDUCATIONAL AND GENERAL RECEIPTS
SOUTHERN TECHNICAL INSTITUTE STUDENT FEES
Non-Resident Tuition Matr iculation Health Service Other Student Fees
TOTAL STUDENT FEES

$ 6 .601.211.21 $ 734.811.18 $ 7 .336.022.39

$ 44,765.50 $ 237,220.15 10,295.50 5.782.00 298.063.15 $

$ 44,765.50 237,220.15 10,295.50 5.782.00
$ 298.063.15

216

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Vi

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income----

B. SOUTHERN TECHNICAL INSTITUTE (CONT.) PUBLIC APPROPRIATIONS State of Georgia - Operations $

334.000..00 $

334.000.00

GIFTS AND GRANTS Textile Education Foundation

4.000..00 ?

JL_ 4.000.00

OTHER Rent - Experiment Station

$

1.200,.00 $

1.200.00

co rin*l

TOTAL SOUTHERN TECHNICAL INSTITUTE INCOME

637.263,

ENGINEERING EXPERIMENT STATION

INCOME FOR DIRECT EXPENDITURES

Georgia Tech Research Institute

Contracts Other Sponsored Research

$ 1,574,134.84 $ 590,522.90

Services to Georgia Tech

10,506.26

Cooperative Research

1.640.62

TOTAL INCOME FOR DIRECT

EXPENDITURES

$ 2.176.804.62 $

HD

STATION SUPPORTED RESEARCH Georgia Tech Research Institute $ Other Sponsored Research Services to Georgia Tech Cooperative Research Service Groups Miscellaneous Income Georgia Tech Research Institute

554,049.88 $ 274,782.86
6,891.05 790.46
43,045.22 15,801.17 118,499.72

Endowment Daniel Guggenheim Philip R. Lamar Louis Wellhouse

7,458.89 1,568.99
71.21

Public Appropriations State of Georgia - Operation s

660.000.00

TOTAL INCOME FOR INDIRECT

EXPENDITURES AND STATION

SUPPORTED RESEARCH

$ 1.682.959.45 $

637.263.15
$ 1,574,134.84 590,522.90 10,506.26 1.640.62
$ 2.176.804.62
$ 554,049.88 274,782.86 6,891.05 790.46 43,045.22 15,801.17 118,499.72
7,458.89 1,568.99
71.21
660.000.00
$ 1.682.959.45

TOTAL ENGINEERING EXPERIMENT STATION INCOME

$ 3.859.764.07 $

$ 3.859.764.07

217

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

General

Restricted Total

,Income_______ Income____ Income

ENGINEERING EXPERIMENT STATION (CONT.)

TRANSFERS

From Educational and General

Funds for Services and

Facilities

$ 231,007.98 $

From Plant Funds

2.739.88

TOTAL TRANSFERS

$ 233.747.86 $

$ 231,007.98 2.739.88
$ 233.747.86

TOTAL ENGINEERING EXPERIMENT STATION RECEIPTS

$ 4.093.511.93 $

$ 4.093.511.93

AUXILIARY ENTERPRISES BOOKSTORE

$ 861.765.43 $

$ 861.765.43

DORMITORIES Brown Cloudman Girl's Dormitory Glenn Harris Harrison Howell Smith Techwood Technical Institute Towers TOTAL DORMITORIES

$ 26,062.55 $ 29,651.56 2,671.50 91,041.70 31,628.22 42,854.62 27,563.01 85,479.00
84,506.62 54,021.52
69.181.65 $ 544.661.95 $

$ 26,062.55 29,651.56 2,671.50 91,041.70
31,628.22 42,854.62 27,563.01 85,479.00
84,506.62 54,021.52
69.181.65 $ 544.661.95

APARTMENTS Burge Callaway Callaway No. 1 Lawson TOTAL APARTMENTS

$ 52,868.48 $ 131,713.67 5,885.41
94.967.67 $ 285.435.23 $

$ 52,868.48 131,713.67 5,885.41 94.967.67
$ 285.435.23

DINING HALLS Brittain Southern Technical Institute Bradley TOTAL DINING HALLS

$ 421,165.13 $ 155,288.03 263.100.17
$ 839.553.33 $

$ 421,165.13 155,288.03 263.100.17
$ 839.553.33

RENTAL PROPERTY

$ 11.992.77 $

$ 11.992.77

MILITARY UNIFORM SALES

$ 114.958.31 $

$ 114.958.31

PARKING LOT FEES

1. 13.383.00 $

____ !_ 13.383.00

218

GEORGIA. INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income

D. AUXILIARY ENTERPRISES (CONT.) HEALTH SERVICE FEES

$ 221.364.00 $

$ 221.364.00

ALEXANDER MEMORIAL BUILDING

$ 40.177.44 $

$ 40.177.44

OTHER

$

486.00 $

$

486.00

TOTAL AUXILIARY ENTERPRISE INCOME $ 2.933.777.46 $

$ 2.933.777.46

TRANSFERS From Plant Funds

? 2.703.80 $

$ 2.703.80

TOTAL AUXILIARY ENTERPRISE RECEIPTS

$ 2.936.481.26 $

$ 2.936.481.26

E. STUDENT AID ENDOWMENT INCOME

$

$ 25.747.72 $ 25.747.72

GIFTS AND GRANTS

$

$ 371.965.77 $ 371.965.77

TOTAL STUDENT AID

$ ___________$ 397.713.49 $ 397.713.49

TOTAL CURRENT INCOME

$13,955,915.61 $1.081.951.96 $15.037.867.57

TOTAL TRANSFERS

312.551.94 $ 50.572.71 $ 363.124.65

TOTAL CURRENT RECEIPTS

$14,268,467.55 $1.132.524.67 $15.400.992.22

219

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification -- General Restricted

Object Classification

Salaries Operating

and

Supplies

Waaes

& Expense___Eauioment

EDUCATIONAL AND GENERAL

GENERAL ADMINISTRATION

President's Office $ Development Office Controller's Office Controller's Office -

38,266.91 $ 17,035.18 21,273.67

$ 36,534.68 $ 1,210.93 $ 521.30

16,499.88

535.30

18,752.92

2,349.76

170.99

Accountant

113,783.36

Controller's Office -

101,964.11

7,736.25 4,083.00

Procurement Controller's Office -

16,617.81

14,944.85

1,261.96

411.00

Inventory

9,227.49

8,712.60

132.19 382.70

Controller's Office -

u

Personnel

12,871.35

8,994.25

677.59 3,199.51

Registrar's Office

124.684.20

98.926.07 23.623.13 2.135.00

TOTAL GENERAL

ADMINISTRATION $ 353.759.97 $

$ 305.329.36 $ 37.527.11 $ 10.903.50

GENERAL EXPENSE

Alumni Office

$

Public Relations

Faculty & Staff

Benefits

General Institutional

Expense

TOTAL GENERAL

EXPENSE

$

10,522.07 $ 41,098.88
155,894.79
120.956.03
328.471.77 $

$ 9,499.92 $ 1,022.15 $

38,033.09

1,812.29 1,253.50

16,875.09 139,019.70

18.237.66 95.476.95 7.241.42

$ 82.645.76 $ 237.331.09 $ 8.494.92

STUDENT WELFARE Dean of Students T. M. C. A. TOTAL STUDENT WELFARE

$ 70,879.41 $ 236.00 $ 64,498.80 $ 4,013.65 $ 2,602.96

11.489.88

11.489.88

$ 82.369.29 $ 236.00 $ 75.988.68 $ 4.013.65 $ 2.602.96

PLANT OPERATIONS Physical Plant Miscellaneous and Insurance TOTAL PLANT OPERATIONS

$ 866,477.95 $ 119.574.28
1. 986.052.23 $

$ 591,998.19 $ 249,698.13 $ 24.781.63 10.520.84 108.064.02 989.42 602.519.03 $ 357.762.15 $ 25.771.05

LIBRARY

1. 319.240.87 $ 1.144.33 $ 218.840.10 5.263.70 $ 96.281.40

220

GEORGIA INSTITUTE OP TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification ---General Restricted

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense Eauinment

EDUCATIONAL AND GENERAL (CONT.)

INSTRUCTION - ENGINEERING

COLLEGE

Dean's Office Aeronautics

$ 34,157.54 $ 909.80 $ 31,722.11 $

101,291.90

86,080.38

Architecture

186,525.21 2,403.37 175,710.82

Ceramics

63,765.31

Chemical

107,504.01

Civil

214,739.78

Electrical

224,110.04

Engineering Mechanics 206,138.10

Industrial

168,391.02

Mechanical

242,710.38

Textile

86.838.93

TOTAL INSTRUCTION -

57,599.49 90,961.28 185,773.79 214,710.19 201,646.22 153,802.32 209,689.06 78.878.99

ENGINEERING

COLLEGE

$ 1.636.172.22 $ 3.313.17 $1,486,574.65 $

2,374.79 $ 970.44 3,401.82 11,809.70 10,201.19 3,016.57 2,939.29 3,226.53 10,795.17 5,747.56 15,107.76 13,858.23 4,227.04 5,172.81 1,985.04 2,506.84 5,615.07 8,973.63 10,161.42 22,859.90 3.113.97 4.845.97
69.922.56 $ 82.988.18

INSTRUCTION - GENERAL

COLLEGE

Dean's Office

$ 20,779.09 $

Applied Biology

31,372.05

Chemistry

276,404.34

English

186,310.22

Industrial Management 201,787.52

Mathematics

308,248.20

Modern Languages

48,900.62

Music

14,293.04

Physical Training

73,479.41

Physics

233,864.85

Psychology

46,886.32

Social Science

75.189.67

TOTAL INSTRUCTION -

GENERAL COLLEGE $ 1.517.515.33 $

$ 20,137.50 $ 25,844.37 227,414.69 183,092.16 191,306.30
303,734.95 48,081.18 12,026.31 65,949.56 211,379.17 43,447.77 73.427.99

600.51 $ 41.08 1,984.46 3,543.22 37,965.33 11,024.32 2,557.26 660.80 5,594.12 4,887.10 4,513.25
474.60 344.84 1,213.21 1,053.52 7,529.85 11,440.54 11,045.14 2,257.99 1,180.56 1.203.04 558.64

$1,405,841.95 $ 77.334.16 $ 34.339.22

MISCELLANEOUS INSTRUCTION

Dean of Faculties $ 62,166.64 $

Co-op

26,028.91

Graduate Division

54,147.68

Army R. 0. T. C.

6,135.02

Air R. 0. T. C.

4,949.64

Naval Science

4,299.27

Military Property

4,959.05

Summer School

191.989.34

TOTAL MISCELLANEOUS

INSTRUCTION $ 354.675.55 $

457.62 $ 56,532.90 $ 23,892.34 53,473.16 4,960.01 4,173.37 3,411.11 4,800.00
191.989.34
457.62 $ 343.232.23 $

3,725.51 $ 2,365.85

2,136.57

616.16

58.36

779.02 395.99

340.77 435.50

224.27

663.89

159.05

7.981.35 $ 3.919.59

221

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification ---- General-- itestrieted
A. EDUCATIONAL AND GENERAL (CONT.) INSTRUCTION (CONT.)

Obiect Classification

Salaries Operating

and

Supplies

Waees

& Exoense Eauipment

TOTAL INSTRUCTION $ 3.508.363.10 $ 3.770.79 $3,235,648.83 $ 155.238.07 $121,246.99

ACADEMIC RESEARCH -

ENGINEERING COLLEGE

Aeronautical

$

Ceramic

Chemical

Civil

Electrical

Engineering Mechanics

Industrial

Mechanical

5,824.88 $

$

2,074.92

4,574.88 1,698.42

12,816.02 26,491.13

11,327.76 1,838.92

1,350.00

2,224.92 1,719.88

8.645.83 23.591.53

5,824.88 $ 2,074.92 6,036.48 27,542.48 11,327.76 1,350.00 2,302.01 24.712.02

$
136.82 100.00 2,790.22 8,974.45
579.58 1,259.34
28.99 1,613.80 2.509.94 5.015.40

RESEARCH ENGINEERING COLLEGE

$ 48,839.21 $ 55,339.88 $ 81.170.55 $ 6.045.55 $ 16.962.99

ACADEMIC RESEARCH -

GENERAL COLLEGE

Chemistry

$

Industrial Management

Mathematics

Physics

Psychology

Social Science

_

TOTAL ACADEMIC

RESEARCH - GENERAL

COLLEGE

25,942.40 10,270.92
8, 666.88
6,059.88 2,670.96 4.916.48

76,952.42 $
11,751.81 10,978.14

83,408.45 $ 10,270.92 20,122.53 16,655.27 2,670.96 4.916.48

58.527.52 $ 99.682.37 $ 138.044.61 $

10,791.75 $ 8,694.62 296.16 382.75
11.470.66 $ 8.694.62

TOTAL ACADEMIC RESEARCH

$ 107.366.73 $155.022.25 $ 219.215.16 $ 17.516.21 $ 25.657.61

EXTENSION DIVISION

Administrative

$

Evening School

Short Courses

Industrial Education

TOTAL EXTENSION

DIVISION

$

28,263.45 $ 233,045.14 84,332.48 19.383.13 48.668.22

25,079.09 $ 226,630.75 52,622.48 53.490.31

365,024.20 $ 48.668.22 $ 357.822.63 $

1,132.84 $ 2,051.52

4,739.12 1,675.27

29,989.68 1,720.32

13.856.89

704.15

49.718.53 $ 6.151.26

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES $ 6.050.648.16 $208.841.59 $5.098.009.55 $ 864.370.51 $297.109.69

222

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT EXPENDITURES (CONTINUED) 1*

M ______ Object Classification

Salaries

Operating

I

Fund Classification General Restricted

and Wages

Supplies & Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

TRANSFERS

Restricted Funds

$

Educational and General

4,400.00 $ 9,564.92 7,751.96

Plant Funds

167,722.01 3,145.00

Engineering Experiment

Station

231,007.98

Research Corp.

968.87

National Science

Foundation

3,710.31

National Institute of

Health

7.475.79

TOTAL TRANSFERS

$ 403.129.99 $ 32.616.85

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 6.453.778.15 $241.458.44

B. SOUTHERN TECHNICAL INSTITUTE

GENERAL ADMINISTRATION

Director's Office $ 16,326.54 $

Business Office

7,654.13

Registrar's Office

22.232.74

TOTAL GENERAL

ADMINISTRATION $ 46.213.41 $

GENERAL EXPENSE

Placement Office $

Faculty & Staff Benefits

General Institutional

Expense

TOTAL GENERAL

EXPENSE

$

4,911.22 $ 10,669.86
17.733.44
33.314.52 $

STUDENT WELFARE

$ 3.542.50 $

PLANT OPERATIONS

$ 69.335.99 $

INSTRUCTION

Co-op

$

Building Construction

Chemistry & Physics

Civil Technology

Drawing

Electrical Technology

English

3,484.92 $ 23,278.02
49,935.91 32,574.75 13,036.44 64,677.47 30,152.49

$ 15,339.96 $ 575.40 $ 411.18

7,531.07

123.06

19.157.57 3.075.17

_ $ 42.028.60 $ 3.773.63 $ 411.18

$ 4,775.71 $ 135.51 $ 10,669.86

5.528.88 11.944.80

$ 10.304.59 $ 22.750.17 $

$ 3.542.50 $

$

$ 41.328.05 ? 27.295.34 $

259.76 259.76
712.60

$ 3,424.92 $ 22,640.23 47,227.69
29,821.46
12,738.00
61,823.84 30,124.80

60.00 $

327.89 309.90

1,517.79 1,190.43

1,203.29 1,550.00

98.44 200.00

1,141.32 1,712.31

20.59

7.10

223

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_____ Object Classification

Salaries

Fund Classification

and

General Restricted Wages

Operating Supplies
& Expense Equipment

B. SOUTHERN TECHNICAL INSTITUTE (CONT.) INSTRUCTION (CONT.) Gas Fuel Technology $ Heating & Air Conditioning Industrial Technology Mathematics Mechanical Department Textile Technology Summer School
TOTAL INSTRUCTION

8,788.45 $
13,888.60 25,737.53 35,334.30 33,807.10 7,470.97 44,146.22 386.313.17 $

6,440.25 $
11,874.84 24,017.88 35.125.80 29.899.80 6,999.96 44.146.22 $ 366.305.69 $

681.34 $ 1,666.86

497.26 613.40 208.50 1,980.74 390.47

1,516.50 1,106.25
1,926.56 80.54

8.741.03 $ 11.266.45

TOTAL SOUTHERN TECHNICAL INSTITUTE EXPENDITURES $ 538,719.59J5________ $ 463.509.43 $ 62.560.17 $ 12.649.99

TRANSFERS TO: Plant Funds

____ 3.000.00

TOTAL SOUTHERN TECHNICAL INSTITUTE DISBURSEMENTS $ 541.719.59

C. ENGINEERING EXPERIMENT

STATION

Georgia Tech Research

Institute

$ 1,681,044.85 $

Other Sponsored Research 685,651.79

Services to Georgia

Tech

17,351.97

Cooperative Research

6,976.59

Station Supported

Research

275,634.06

Term., Const. &

Disallowances

27,804.00

Administrative Expense 109,877.60

Divisional Expense

487,373.92

Service Groups

250,787.30

General & Miscellaneous 257,253.99

Capital Additions &

Improvements

49,248.55

Maintenance & Operations 111,498.02

Vacation Adjustment

1.566.47

$1,338,617.16 $ 342,427.69 $ 556,142.28 80,035.36 49,474.15

8,159.81 6,293.08

9,013.71 678.32

178.45 5.19

219,748.86 14,952.23 40,932.97

26,899.62 85,599.56 346,723.47 199,161.92 52,107.65

768.53 5,574.70 74,561.96
36,229.67 186,449.13

135.85 18,703.34 66,088.49 15,395.71 18,697.21

15,985.37 71,034.89 1.566.47

20,060.74 13,202.44 39,600.80 862.33

TOTAL ENGINEERING EXPERIMENT STATION EXPENDITURES $ 3,962,069,11 $

$2.928.040.14 $ 810.352.84 $223.676.13

224

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification________

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

C. ENGINEERING EXPERIMENT

STATION (CONT.)

TRANSFERS

Plant Funds

$ 175,610.00

Educational & General ____ 64.999.94

TOTAL TRANSFERS $ 240.609.94

TOTAL ENGINEERING EXPERIMENT
STATION DISBURSEMENTS $ 4.202.679.05

AUXILIARY ENTERPRISES

BOOKSTORE

$ 821.671.28 $

DORMITORIES

Brown

$

Cloudman

Girl's

Glenn

Harris

Harrison

Howell

Smith

Technical Institute

Techwood

Towers

TOTAL DORMITORIES $

10,693.04 $ 12,661.13 5,530.67 37,200.79 20,362.55 20,993.86 16,998.49 54,388.37 54,681.76 48,746.51 27.843.37 310.100.54 $

APARTMENTS

Burge

$ 36,999.35 $

Callaway

73,019.96

Callaway No. 1

2,681.00

Lawson

81.108.25

TOTAL APARTMENTS $ 193.808.56 $

DINING HALLS

Brittain

$

Technical Institute

Bradley

TOTAL DINING HALLS $

403,554.71 $ 133,627.03 248.407.76 785.589.50 $

RESIDENTIAL PROPERTY $ 2.058.33 $

MILITARY UNIFORMS

110.458.78 $

$ 122.697.77 $ 689.540.62 $ 9.432.89

$ 6,373.33 $ 4,319.71 $

8,010.92 4,650.21

3,707.18

1,823.49

23,498.51 13,702.28

14,845.49 5,517.06

13,283.43 7,710.43

11,893.78 5,104.71

38,244.44 16,143.93

32,769.44 21,912.32

31,178.50 17,568.01

17.667.39 10.175.98

$ 201.472.41 $ 108.628.13 $

$ 19,292.95 $ 37,848.53 1,254.65 41.692.41
$ 100.088.54 $

17,706.40 $ 35,171.43 1,426.35 37.091.24 2.324.60 91.395.42 $ 2,324.60

$ 163,657.08 $ 236,508.84 $ 3,388.79 51,198.63 82,428.40 98.532.11 149,416.65 459.00
$ 313.387.82 $ 468.353.89 $ 3.847.79
$ 957.48 $ 1.100.85 $
$ 3.389.28 $ 107.069.50 $

225

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification -- General Restricted

Object Classification

Salaries

Operating

and

Supplies

-- Wages

iExuense

E<ju l umen t

AUXILIARY ENTERPRISES (CONT.)

PARKING LOTS

$ 3.904.87 $

$ 2.263.94 $ 1.640.93 $

INFIRMARY ALEXANDER MEMORIAL BLDG.

168.394.42 $ 21.147.50 $

$ 119.810.26 $ 43.639.12 $ 4.945.04 $ 7.645.31 $ 11.809.22 $ 1.692.97

GENERAL & MISCELLANEOUS

54.662.21 $

$ 34.420.83 $ 20.182.66 $ 58.72

TOTAL AUXILIARY ENTERPRISES

2.471.795.99 $

TRANSFERS

Plant Funds - Authority

Rentals

$

Bond Sinking Fund

Plant Funds

__

TOTAL TRANSFERS

73,712.16 197,281.81 200.136.90 471.130.87

906.133.64 $1.543.360.34 $ 22.302.01

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 2.942.926.86

E. STUDENT AID

Fellowships

$

Scholarships

Prizes

$ 81,697.86 $ 81,697.86 $

$

264,610.94 264,610.94

500.00

500.00

TOTAL STUDENT PAYMENTS

$346,808.80 $ 346.808.80 $_________

TRANSFERS TO: Restricted Funds

36.607.79

TOTAL STUDENT AID

$383.416.59

TOTAL CURRENT EXPENDITURES $13.023.232.85 $555.650.39 $9.742.501.56 $3.280.643.86 $555.737.82

TOTAL TRANSFERS

$ 1.117.870.80 $ 69.224.64

TOTAL CURRENT DISBURSEMENTS $14.141.103.65 $624.875.03

226

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance July 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

EDUCATIONAL AND GENERAL

GIFTS AND GRANTS

Acme Steel Company Aluminum Co. of America American Chemical Society American Cyanamid Company American Institute of Steel

$ 500.00 ;$

$

4,000.00

5,890.00 14,480.00

1,076.06

3,000.00

$ 500.00

4,000.00

6,135.06

14,234.94

100.00

3,976.06

Construction Atomic Energy Commission Babcock & Wilcox Company Bivins & Caldwell, Inc.
Buckhead Business Association Burlington Industries., Inc. Continental Can Company, Inc. Creole Foundation John B. Day E, I'i DuPont Company
Esso Research & Engineering

976.00 1,486.17 4,801.90
500.00 100.00 125.00 1,000.00 1,000.00
3,951.19

3,261.65 1,800.00
500.00 500.00 700.00 3,600.00

1,801.33 900.00 9.80 100.00
236.00
3,009.94

976.00 2,946.49 5,701.90
490.20
125.00 1,500.00 1,264.00
700.00 4,541.25

Corporation Ford Foundation
General Dynamics Corporation General Electric Corporation Georgia Tech Club of New York Georgia Tech Foundation Georgia Tech Research Institute Gulf Oil Corporation Handy & Harman Mrs. Mary Howard Gilbert Erwin M. Gudelsky J. R. Hardee Shrimp Company Hercules Powder Company Kopper1s Company, Inc. Morton H. Levy Robert L. MacDougall Fund Magnolia Petroleum Company Martin Company Foundation Department of Health, Education

300.36
2,500.00 230.20 323.88
1,424.89 1,710.74 1,000.00
33,837.22 1,000.00
500.00 617.40 658.00 250.00
1,000.00 500.00

400,000.00 250.00
1,000.00 500.00
2,976.50 100.00

136.61 522.20 697.04 59.94 1,000.00
557.39 395.00
112.35 658.00
105.32

300.36 400,000.00
2,500.00 93.59 51.68
1,727.85 1,650.80
500.00 33,279.83
605.00 500.00 505.05
250.00 2,976.50
894.68 600.00

& Welfare

514.88

National Institute of Health 29,430.02

National Safety Council

709.15

National Science Foundation 115,178.95

Owens-Illinois

Plantation Pipeline Foundation

839.80

Portrait-Photograph Dr. Morris

7.16

Public Health Service Grant (->5,081.24

13,708.65
154,564.51 2,256.00 500.00
5,815.44

367.69 25,829.43 88,301.29
864.78

147.19 17,309.24
709.15 181,442.17
2,256.00
1,339.80 7.16
(->130.58

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

EDUCATIONAL AND GENERAL (CONT.)

GIFTS AND GRANTS (CONT.)

Public Health Training Grant Research Corporation

$

$

6,928.13

Sears Roebuck Foundation

645.98

Alfred P. Sloan Foundation, Inc. 12,703.75

Socony Mobile Oil Co., Inc.

800.00

Mr. & Mrs. R. J. Stockham

2,000.00

Stone Associates, Inc.

The Texas Company

100.00

Tile Council of America, Inc.

750.00

17,000.00 $ 1,000.00 400.00 70.00

7,896.22 $ 2,295.89
263.07 10,897.89
1,324.88
750.00

9,103,78 4,632.24 1,382,91 1,805.86 1,200.00
675.12 70,00
100,00

Universal Oil Products Company Westinghouse Educational Fund Dean of Faculties - Overhead National Defense Fellowships

1,298.16 2,344.99

3,340.00

1,702.31 457.62
2,686.32

1,298.16 642,68
2,882.38 (-)2;686.32

TOTAL GIFTS AND GRANTS

$ 236,428.74 $ 635.322.75 $ 160.173.37 $ 711.578.12

PUBLIC APPROPRIATIONS



$ 48.668.22 $ 48.668.22 $

ENDOWMENT FUNDS

Lloyd C. Daniels

$

Broadus E. Willingham Textile

Fund

TOTAL ENDOWMENT FUNDS

J

139.98 $
210.00 349.98 $

225.00 $
22.50 247.50 ?

$

364.98

232.50

$

597.48

STUDENT AID

FELLOWSHIPS

Air Reduction Company, Inc.

$ 4,400.00 $

American Viscose Corp. Fellow.

6.00

Atlantic Steel Company

Automotive Safety Foundation, Inc. 428.64

Callaway Foundation Fellowship

Celanese Corp. of America

656.73

Delta Air Lines Fellowship

1,250.00

Dow Chemical Co. Fellowship

2,834.70

Ethyl Corporation Fellowship

1,461.56

Georgia Tech Foundation

Fellowship

Hercules Powder Company

2,572.32

Humble Oil Company Fellowship

1,577.11

International Nickle Co., Inc.

6,294.54

Kaiser Aluminum & Chemical Corp. 3,603.00

National Defense Fellowship

625.00

National Science Foundation

Fellow.

11,471.02

The Edward Orten, Jr. Ceramic

Fellow.

644.25

5,200.00 $
3,000.00 2,000.00 3,600.00 2,500.00
2,500.00 3,133.00
1,125.00
2,800.00 8,400.00 2,787.00 30,000.00
15,678.90
1,600.00

4,177.50 $
2,433.00 2,014.40 3,600.00 1,267.32 1,250.00 2,121.00 2,491.88
1,125.00 2,512.60 2,119.56 3,230.64 1,977.00 6,206.00
11,057.33
1,825.00

5,422.50 6.00
567.00 414,24
1,889.41
3,213.70 2,102.68
59.72 2,257.55 11,463.90 4,413.00 24,419.00
16,092.59
419.25

228

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance July 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

Si STDST AID (CONT*)

FELLOWSHIPS (CONT*)

Phillips Petroleum Company The Rayonier Fellowship

$ 1,676.89 $ 1,306.46

$ 2,500.00

Socony Mobile Oil Company, Inc.

900.64

Schlumbfger Foundation Fellow.

3,328.35

3,600.00

Sears Roebuck Foundation Fellow.

2,400.00

Shell Company Foundation, Inc.

676.27

2,200.00

Shell Oil Company Fellowship

2,280.26

2,449.00

Southern Airways Research

Fellow* Mary White Staton Fellowship

2,495.64 .06

2,500.00

T. lari tripling Memorial Textile

Fund

23,452.69

5,801.96

Tennessee Eastenaa Co* Fellow*

3,806.39

Texas Company Fellowship

4,486.11

3,000.00

United States Rubber Co# Fellow* 1,150.00

3,880.00

United States Steel Foundation

3,149.79

6,000.00

Westinghouse Fellowship

2.000.00

TOTAL FELLOWSHIPS

1 88,534.42 $ 118.654.86 $

507.00 $ 3,824.96
580.00 4,624.29 2,400.00 2,159.08 2,188.70

1,169.89 (->18.50
320.64 2,304.06
717.19 2,540.56

1,999.96

2,495.64 500.10

(->122.03 2,963.85 2,249.00 3,233.32 3,681.50 2.000.00
81.697.86

29,376.68 842.54
5,237.11 1,796.68 5,468.29
125.491.42

PRIZES

Architects Alumni Prize

229.49 $

Borden Freshman Prize

900.00

Silent Hoist & Crane Company

Prize

750.00

TOTAL PRIZES

L 1.879.49 $

13.80 $
150.00 163.80 $

$ 200.00
300.00 500.00 $

243.29 700.00
600.00 1.543.29

SCHOLARSHIPS Alcoa Foundation Scholarship $ 3,749.99 $

Alexander Tharpe Scholarship

Aluminum Company of America

166.67

American Brake Shoe Co. Scholar.

133.34

American Enka Foundation Scholar.

American Foreign Service Assoc.

American Mutual Liability Insuran :e 100.00

American Society of Tool &

Manufacturing Engineering

American Viscose Corporation

Anonymous Scholarship Armco Foundation Scholarship

1,517.14 200.00

Atlanta Federal Savings & Loan Association

1,000.00

Atlanta Gas Light Company Sch. STI

724.50

Atlanta Textile Club

3,125.00 $ 92,403.62
1,200.00 500.00 100.00
800.00 500.00 2,000.00 1,600.00
1,000.00
300.00

2,499.99 $ 90,557.33
133.34 1,200.00
500.00
800.00 333.00 1,783.10 1,500.00
500.00
450.00 400.00

4,375.00 1,846.29
166.67
200,00
167.00 1,734.04
300.00 1,500.00
274.50 (->100.00

229

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

STUDENT AID (CONT.)

SCHOLARSHIPS (CONT.)

E. T. Barwick Foundation, Inc.

STI

$

E. T. Barwick Foundation, Inc.

Batson Scholarship

Morris Batzer Scholarship

.02 $ 333.33 205.90

Bendix Aviation Corp. Scholar. Benevolent & Protective Order
of Elks

621.00

Berrien High School Bibb Manufacturing Co. Scholar.
STI
Birmingham - Georgia Tech Alumni Club

(-)84.00 20.00

Bowaters South Paper Corp.

Scholar. Bulova Watch Company Foundation,
Inc.

300.00

Burlington Industries Foundation Scholarship
W. C. Caye Scholarship Carolina Butane Gas Co., Inc.

1,494.99 1,191.00

Fuller E. Callaway Foundation Scholarship

Callaway Educational Assoc.

Central High School Alumni Assoc.

Chattanooga Georgia Tech Club Sch. Chemstrand Corp. Scholarship Ciba Company Scholarship

200.00 500.00

The Cincinnati Milling Machine Co. 1,333.33 Clark Brothers Company

Coats & Clark, Inc. Scholarship George & Edna L. Cobb Foundation

333.34

Scholarship

Cobb Educational Foundation

Combustion Engineering, Inc. Sch.

320.00

Community Enterprises, Inc.

2,332.33

William F. Cooper Scholarship

H. Dale Critz Foundation, Inc.

Crossett Company Scholarship

Crown Zellerback

Damar, Inc. Scholarship Decatur Rotary Club Scholarship Douglas Aircraft Company, Inc. Eastern Airlines, Inc.

200.00 270.67 750.00

Elberton Granite Assoc., Inc.

50.00

500.00 $ 2,000.00
482.28 500.00
50.00
905.00

500.00 $ 1,166.00
100.00 500.00 621.00
50.00 (-)84.00
905.00

850.00

50.00

200.00

2,000.00 1,015.00

1,994.99 415.00
1,015.00

525.00 7,750.00
420.00 400.00 500.00 500.00
500.00 3,000.00
100.00 800.00 500.00
1,200.00 1,600.00 2,400.00 1,200.00
300.00

525.00 7,750.00
280.00 200.00 500.00 500.00 333.33 250.00 3,164.67
800.00 600.00 1,666.32 1,200.00 1,600.00 2,000.00 1,200.00 200.00

750.00 500.00

750.00 500.00
50.00

.02 1,167.33
588.18
20.00 850.00 100.00 50.00 1,500.00 776.00
140.00 400.00 500.00 1,000.00 250.00 168.67 100.00 220.00 666.01
400.00 300.00 270.67 750.00

230

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

STUDENT AID (CONT.)

SCHOLARSHIPS (CONT.)

Elks National Foundation

$

$

Maxwell J. & Naomi P. Estreff

Foundation STI

Firestone Tire & Rubber Co.

Florida West Coast Ga. Tech

Alumni

560.00

Fort Knox Dependent School

Foundation

Fort Lauderdale News Sch.

Foundation

Fort Lauderdale High School

John & Mary Franklin Sch.

3,648.66

Friend's Foundation, Inc. Sch.

Fulton County Federal Savings

& Loan Assoc.

Frank Gannett Newspaperboy, Inc.

500.00

The Gaylord Foundation Sch.

667.00

Geigy Chemical Corp. Sch.

333.34

General Electric Education &

Charitable Foundation

350.00

General Motors Corp.

1,533.33

Georgia Bankers Assoc.

Georgia High School Assoc.

Georgia Pharmaceutical Assoc.

Georgia Tech Club of Augusta

Gilman Foundation Sch.

Gloucester Central Labor Union

Goodyear Foundation Sch.

The C, M. Gooch Foundation

Greater Atlanta Ga. Tech Club

50.00

Greater Atlanta Ga. Tech Club

Band

The George Griffin Scholarship

905.00

Gruman Aircraft Engineering Corp. 793.00

Byron P. Harris Scholarship Fund

33.34

Fannie & John Hertz Eng. Sch.

Foundation

John P. Holmes Sch. Honoring Ben

Z. & Sallie P. Holmes

225.00

International Minerals 6c

Chemical Corporation

Irland Foundation, Inc.

Jaycee War Memorial Fund

Jefferson Mills, Inc.

600.00 $
250.00 2,663.80
50.00
500.00
750.00 825.00 3,000.00 396.07
414.00 750.00
250.00
8,950.00 250.00 110.00 200.00 700.00
3,000.00 200.00
1,375.00 1,650.00 10,140.00
500.00 1,000.00
1,750.00
225.00
600.00 1,000.00 1,643.20 1,000.00

600.00 $
250.00 2,663.80
500.00
500.00
750.00 700.00 3,265.00 396.07
414.00 500.00
333.34
350.00 8,366.66
250.00 110.00 200.00 700.00 3,000.00 200.00 1,375.00 1,650.00 3,650.00
500.00 1,500.00
33.34
1,750.00
225.00
600.00 1,000.00
440.00 970.00

110.00
125.00 3,383.66
750.00 667.00 250.00 2,116.67
6,540.00 405.00 793.00
225.00
1,203.20 30.00

231

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

STUDENT AID (CONT.)

SCHOLARSHIPS (CONT.)

Morton Johnson Sch. Fund

$ (-)350.00 $

Jesse H. Jones Sch. Honoring

General Clay

600.00

Max Kade Foundation, Inc.

Kappa Sigma Fraternity

Keever Starch Co. Sch.

1,050.00

John P. King Manufacturing

Co. STI

Kingsport Alumni Club Ga.

Tech

Kingsport Lodge No. 1833

B. P. 0. Elks

Kiwanis Club of Summit,

New Jersey

Koppers Company, Inc. Sch.

179.00

C. D. LeBey Memorial Sch. Fund

Lions Club - New Smyrna Beach, Fla.

Lockheed Engineering Sch.

5,585.00

Lockheed Leadership Fund Sch.

2,000.00

Charles Loridans Found., Inc.

63.00

Leon Lowenstein Found., Inc.

Lowry Fund Scholarship

16,759.55

Francis K. McCune Sch. Fund

500.00

McLendon Scholarship

700.00

M. M. Propane Gas Co. Ltd. STI

Dean C. V. Maddox Sch. STI

Martin Company Freshman Tuition 3,377.98

The Glenn L. Martin Co. Sch.

133.00

Oscar Mayer Foundation Sch.

100.00

Mead Company Scholarship

633.33

The Arthur H. Merry & Ernest B.

Merry Foundation Sch.

Mississippi Valley Structural

Steel Fund Monsanto Chemical Co. Sch.

83.33 766.68

Morton Johnson Sch. Foundation

National Merit Sch. Corp.

2,272.00

Joseph B. Newcomer Scholarship

Officers' Wives Club of Camp Le

Jenne, North Carolina

Optimist Club of Columbus

Orangeburg Post - Veterans of

Foreign Wars

Owens-Illinois Scholarship

2,657.00

Pan American Union Sch. STI

350.00 $
600.00 100.00 400.00
1,310.00
255.00
600.00
500.00
1,037.13 250.00
5,015.00 1,133.00
1,200.00 15,518.89
500.00 1,628.50
530.00 1,016.40
400.00
350.00
500.00 400.00 2,384.00 100.00
300.00 250.00
150.00 2,957.00 1,135.00

$
600.00 100.00 400.00 1,310.00
600.00 500.00
166.00 7,666.00
755.00 1,200.00 14,233.03
500.00 1,628.50
520.00 233.00 100.00 133.33
500.00 400.00 1,142.00
300.00 250.00 150.00 4,464.00 1,135.00

600.00
1,050.00
255.00
179.00 1,037.13
84.00 2,934.00 2,378.00
63.00 18,045.41
500.00 700.00
10.00 4,161.38
133.00 900.00 350.00
83.33 766.68 3,514.00 100.00
1,150.00

232

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv M 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

STUDENT AID (CONT.) SCHOLARSHIPS (CONT.)
Patterson & DeWar Scholarship $ Pennsylvania Glass Sand Award Phi Epsilon Pi Scholarship
Fund Starke Patterson Scholarship Sam Phillips Jack Phinizy Scholarship Pompano Beach Senior High
Acitivities Procon Incorporated Sch. Pure Oil Scholarship The Rayonier Scholarship Rhodes Scholarship Robert & Company Associates Robertson County Sch. Fund Rossville Memorial Center Sch. Rotary Club of Bainbridge Rotary Club of Buckhead Rotary Club of Calhoun Rotary Club of Decatur Rotary Club of Waycross Savannah Area Ga. Tech Alumni
Club Schenley Wholesalers Found., Inc. Schlumberger Found. Sch. Schroeter Ergenzinger Foundation Scott Paper Co. Scholarship Sears Roebuck & Company Shaheen Foundation, Inc, Sch. Martha G. Shinglor Sch. Sam Silver Scholarship Alfred P. Sloan Foundation Sch. Southern Structural Steel Board
of Trade Grant Southwest Georgia Ga. Tech Club
Scholarship Spartanburg Civitan Club Square "D" Company Scholarship Stranahan High School Sch. Student Publication Scholarship Sylvania Woman's Club Telephone Publishing Company Tellepsen Foundation Sch. Texas Company Scholarship

400.00 $
3,732.55 400.00 400.00 166.66 333.34 560.00
2,400.00 150.00 250.00 297.00
375.00
.01 680.97
5,733.33 .85
450.00 1,000.00
125.00 115.00
.01 625.01

400.00 $ 249.00
250.00 1,297.50
200.00 400.00
250.00 500.00 1,000.00
500.00 369.00
50.00 425.00 398.00
600.00 250.00 2,000.00 6,000.00 100.00 200.00 287.78
83.00 425.00 3,900.00
690.00 500.00
350.00
200.00 500.00
1,800.00

400.00 $ 249.00
1,803.34
400.00
400.00 416.66 500.00 1,000.00
150.00
416.00 297.00
50.00 425.00 398.00
500.00 250.00 1,950.00 2,000.00 100.00 200.01
83.00 425.00 4,933.33
900.00 500.00 1,000.00 475.00
200.00 500.00
.01 1,516.01

400.00
250.00 3,226.71
200.00 400.00
333.34 560.00 2,400.00 250.00
84.00 369.00
100.00 425.00 4,000.00
968.75
4,700.00 .85
240.00
115.00
909.00

233

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GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1* 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

STUDENT AID (CONT.)

SCHOLARSHIPS (CONT.)

Texas Gas Junior Achievement

Scholarship

$

Textile Education Foundation

$

500.00 $

333.33 $

166.67

Scholarship Terminal System Inc. The Trane Company Scholarship Union Bag - Camp Paper Corp. Union Carbide Educational Fund Union Carbide & Carbon Corp.

(-)l ,600.00 500.00 600.00

9,700.00 211.00 500.00
2,825.00 500.00

9,300.00 211.00 333.00
2,200.00 500.00

667.00 625.00 600.00

Scholarship Union Carbide Chemicals Company Union Carbide Union Carbide Nuclear Company United Daughters of the

400.00 273.66 841.43

1,500.00 650.00
1,100,00

400.00 1,273.67
841.33 1,100.00

499.99 650.10

Confederacy United Fuel Gas Company Sch.

150.00

150.00

STI Universal Oil Products Company Blake R. Vanleer Scholarship V. F. W. Post No. 2779 Chance M. Vought Scholarship Warwick Veterans Memo. High

927.09

475.00 1,500.00 1,200.00
150.00 1,133.00

475.00 1,000.00 1,200.00
150.00 633.00

1,427.09 500.00

School P. T. A. West Palm Beach Rotary Club Western Electric Co. Sch. Westinghouse Air Arm Sch. Whitehaven Lions Club Sch. Richard R. Whitehead Foundation Wilcox-Connally Scholarship G. Mote Williams Scholarship Wingate Dykes Scholarship STI Winn Dixie Stores Foundation Winter Park Telephone Company Woman's Auxiliary International

504.67 166.66
333.34

150.00 450.00 1,900.00 1,500.00 300.00 700.00 125.00 4,000.00 750.00 (-)333.34 747.00

150.00 450.00 1,900.00 1,999.66 300.00 700.00 250.00 4,000.00 750.00
558.50

504.67 (-)333.00 (-)125.00
188.50

Brotherhood of Electrical Works

Local 584 Woman's Aero Club of Atlanta

100.00

100.00

Sch.

333.34

333.34

Seydel Woolley Foundation Sch.

420.00

300.00

300.00

420.00

Yaarab Temple Scholarship

1.500.00

1.444.61

55.39

TOTAL SCHOLARSHIPS

$ 86.567.01 $ 278.894.83 S 264.610.94 $ 100.850.90

234


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GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts For Year

Disbursements

Balance

For Year

June 30. 1961

B. STUDENT AID (CONT.) TRANSFERS TO RESTRICTED FUNDS National Defense Fellowships National Science Foundation TOTAL TRANSFERS

$

$

____________ J L

$ 24,419.00 $(->24,419.00 12.188.79 (->12.188.79 36.607.79 $(->36.607.79

TOTAL STUDENT AID

$ 176.980.92

397.713.49 _ L 383.416.59 $ 191.277.82

C. TRANSFERS

GENERAL FUNDS

Atomic Energy Commission

$

Dean of Faculties - Overhead

E. I. DuPont Company

Ford Foundation

Mrs. Mary Howard Gilbert

Hercules Powder Company

Plantation Pipeline Foundation

Public Health Training Grant

National Institute of Health

National Science Foundation

Westinghouse Educational Fund

TOTAL GENERAL FUNDS

_

$

$

37.32 $ (->37.32

2,988.79

(->2,988.79

2,500.00

10.40

(->10.40 2,500.00

900.00

900.00

3.15

(->3.15

500.00

(->500.00

9.19

(->9.19

3,099.56

(->3,099.56

1,103.55

(->1,103.55

1.000.00

1.000.00

J - 4.400.00 J L 7.751.96 $ (->3.351.96

PLANT FUNDS National Science Foundation Dean of Faculties - Overhead TOTAL PLANT FUNDS

$

$

__________ J L

$ 2,755.00 $ (->2,755.00

390.00

(->390.00

J _ 3.145.00 $ (->3.145.00

RESTRICTED FUNDS

Dean of Faculties

$

Public Health Service Grant

National Institute of Health

National Science Foundation

727.76 $

7,951.03 $ 169.56
1,009.98 434.35

433.62
1,581.97 7,549.33

$ 8,245.17 169.56
(->571.99 (->7,114.98

TOTAL RESTRICTED FUNDS NATIONAL INSTITUTE OF HEALTH NATIONAL SCIENCE FOUNDATION RESEARCH CORPORATION TOTAL TRANSFERS TOTAL RESTRICTED FUNDS

j u ,uu//y

$

727.76 $ 46.172.71 $ 9 .564.92 $ 37.335.55

$

$ 7 ,475 .79 $ (->7.475.79

$

$ 3 ,710 .31 $ (->3.710.31

*

$

$

968 87 $ (->968.87

727.76 $ 50.572.71 $ 32 616, 85 $ 18.683.62

$ 414.487.40 $1.132.524.67 $ 624.875, 03 $ 922.137.04

235

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Gifts and Grants Income on Investments Income on Student Loans Discount on Bonds Purchased Notes Reinstated Sale of Stock Rights Sale of Oil and Lease of Oil Land Farm Income - Texas Property Net Income 59-60 and 60-61 from University of Georgia (Mitchell Fund) Transferred from Loan Funds Transferred from Endowment Funds TOTAL ADDITIONS
DEDUCTIONS Premium on Bonds Purchased 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, JUNE 30, 1961

Endowment - - -Iliads

Lean

TbtSl

. funds-... ----- - Fuiids ____

$1,285,470.16 $211,784*63 $1,497,254.79

$ 124,641.88 48,546.65
9,076.22
384.94 1,351.80 9,469.83

$ 74,751.78 1,119*41 1,811,11
15,767,34 180,77

| 199,393.66 50,476,07 1,811.81 24,843.56 160,7? 384,94 i,851.80
9,469.83

2,475*68

2,475.68

1,995.41

1,995.41

5.466.94

5.466.94

$ 195.966.73 $102,383.74 $ 298.350.47

$

127.50 $

$

127.50

1,995.41

1,995.41

5,466.94

7,197.22

12,664.16

9,099.09

9,099.09

92,767.63

92,767.63

21,007.62

21,007.62

25.747.72

25.747.72

$ 154.216.50 $ 9.192.63 $ 163.409.13

$1,327,220.39 $304,975.74 $1,632,196.13

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Fund Balance July 1. 1960

Fund Balance Additions Deductions June 30. 1961

ENDOWMENT FUNDS The Architect Alumni Assoc. Prize Fund The Eugene 0. Batson, Jr. Memorial Fund Julius L. Brown Professorship Mrs. Josephine L. Cloudman End. Fund Mrs. Alice Spencer Coon End. Fund

300.00 $

13.80

11,034.10 201,392.57
78,339.65 4,350.00

486.97 17,213.39
5,177.50 109.13

13.80 $

300.00

486.97 15,361.59
5,177.50 109.13

11,034.10 203,244.37
78,339.65 4,350.00

236

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GEORGIA INSTITUTE OF TECffiiOLOGY STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Fund Balance Julv 1. 1960

'

Fund Balance

Additions Deductions June 30. 1961

ENDOWMENT FUNDS (CONTINUED)

Dr. Llpyd C. Daniels Fund

$ 5,000.00

Lettie Fate Evans Estate for the

Joseph Brown Whitehead Hospital Forrester-McRae-Rankin, Etc. End, Fund

1,825,63

Daniel Guggenheim School of Aeronautics

Endowment Fund Miss Jennie L. Hamilton End, Fund

168,111.95 5,000.00

Harvey HoGhman Aeronautical Engineering

1954 Scholarship Award

John P. Holmes Scholarships Honoring

Ben Z. and Sallie F. Holmes

6,262.50

B, Mifflin Hood Chair of Ceramics

130,905,23

The Clyde L. King, Jr, and John King Memorial End, Fund

12,500,00

The Philip R, Lamar Research in

Cotton Seed Products Q t D. LeBey Memorial Sch. Fund Lowry Memorial Scholarship Fund Edmund Mageys (Senegal End. Fund

32,000.00 5,947,69
503,682,06 92.51

The Martin Aircraft Scholarship Fund

17,301,00

Thomas E. Mitchell Education Fund of

the Hniyersity of Georgia

61,542.90

Starke Patteson Memorial Scholarship

Endowment Fund Paul M. Plgtzman Scholarship Fund

9,896.10 2,369.20

Reeves Sounderaft Gprp. Library Fund M. Rich Endowment Fund The Shaheen Foundation, Inc. Sch.

7,625.00 50.00
4,500,00

Silent Hoist and Crane Company Materials Handling Prize Award
T. Earl Stribling Memorial Textile Fund Joseph M. Terrell Endowment Fund

5,000,00 4,526,49

Louis Wellhouse Memorial Fund

W. G. S. T. Broadcasting Sta, End. Fund 4,915,58

Broadus E, Willingham Textile Fund

1.000.00

TOTAL ENDOWMENT FUNDS

$1,285,470.16

$ 225,00
122,903.56 221,99
7,482,33 112,50
1,150,00
225.00 5,448.81
793,83 1,574,61 1,771.69 15,435,87
1,401,34
5,618,56
1,297.50
287,78
150.00 5,801.96
t u n 969.90
22.50 $195.966.73

$ 225.00
92,767.63 137,59
7,482,33 112,50
225.00 25.31
793,83 1,574.61 1,047,44 15,435,87 1,016.40
3,623.15 1,297,50
287.78 150,00 5,801.96 969,90
71,21 22.50 $154.216.50

$ 5,000,00
30,135,93 1,910,03
168,111,95 5,000.00
1,150.00
6,262,50 136,328,73
12,500.00
32,000,00 6,671.94
503,682.06 92.51
17,685,94
63,538.31
9,896,10 2,369,20 7,625.00
50,00 4,500.00
5,000.00
4,526.49
4,915.58 l t000.00 $1 .327.220.39

student loan funds

George W, Adair

$

William Ott Alston, Jr, Memorial

American Institute of Architects,

Georgia Chapter

American Society of Mechanical

Engineers - Roger Martin Memorial

J. Baldwin M. R. Berry

521.96 $ 624,01
242.12
635.03 57.38
3,686.78

92.73 $ 55.57
22.79
142.28 2.20
279.57

$

614.69

679.58

264.91

777.31 59.58
3,966.35

237

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Fund Balance Julv l; 1960

Additions

Fund Balance Deductions June 30. 1961

STUDENT LOAN FUNDS (CONTINUED)

James G. Boswell Foundation S. F. Boykin T. P. Branch Memorial Brittain-Busbin-Jarrell Emergency J. B. Campbell Dewitt F. Capehart Class of 1919 Class of 1934 Josiah Dana Cloudman Holland Coleman, Jr. Arch.

$

499.34 $

113.24

164.25

962.26

707.09

208.27

24.20

200.75

14,351.19

132.50 $ 2.35
29.25 328.00
22.61 2.94
46.19 921.81

$

631.84

115.59

193.50

1,290.26

729.70

211.21

24.20

246.94

15,273.00

Memorial Scholarship William P. Coleman Post No. 15 of

1,336.11

62.12

1,398.23

the American Legion Mrs. Alice Spencer Coon A. C. Dobbs Arthur J. Dyer Student Loan A. French Georgia Federation of Labor

547.23 2,004.46
94.62 1,069.75 2,222.25 1,098.53

73.74 249.29
22.51 128.81 336.04 167.47

620.97 2,253.75
117.13 1,198.56 2,558.29 1,266.00

Mary Brotherton Griffin Mary D. Gude Lyman Hall J. M. High Memorial Loan Sch. Dr. and Mrs. Thomas P. Hinman

190.98 246.86 6,666.31 2,701.75 254,30

23.09 13.33 1,089.73 441.72 25.21

214.07 260.19 7,756.04 3,143.47 279.51

Irving Subway Grating Company, Inc,

435.75

95.44

531.19

Louis Gholstin Johnson Kappa Alpha Educational Found., Inc.

540.81 93.11

145.86 23.78

686.67 116.89

Clyde L. King, Jr. and John King

Memorial

4,710.39

1,407.40

6,117.79

John King Memorial Roy Stevenson King Last Sub Class of 1914 C. D, LeBey - Class of 1922

14,133.29 2,512.24 144.50

3,785.25 674.98 23.28 100.00

17,918.54 3,187.22 167.78 100.00

Malta Lodge No. 641, F. & A. M. Lona Mansfield

1,483.56 1,043.82

272,38 205.18

1,755.94 1,249.00

Mrs. T* 0. Marshall E, P, McBurney

3,896.27 12,410.58

820,10 2,793.12

4,716.37 15,203.70

J. A. McFarland Thomas E, Mitchell Education Fund of

132.91

25.78

158.69

the University of Georgia

4,147.17

7,100.34

1,995.41

9,252.10

Joseph N. Moody

2,618.24

273.29

2,891.53

Gayle Nimmocks Memorial Scholarship Quartermaster L. W t (Chip) Robert, Jr. Scottish Rite Second Baptist Church Bible Class No. 1 Sam W. Small

178,59 41,491.59
118.65 1,397.04
695.61 121.74

27.04 3,353.36
25.24 281.27 119.81
.81

7,197.22

205.63 37,647.73
143.89 1,678.31
815.42 122.55

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

Fund Balance Julv 1. 1960

Fund Balance Additions Deductions June 30. 1961

STUDENT LOAN FUNDS (CONTINUED)

T, W. Smith

$

Smyrna Lions Club

Stacey-Roberts

J. F. Stevens

Lynn Strickland Memorial

Joseph M. Terrell

Thomaston Mills

Clark-Thornton Memorial

E. A. Turner

U. S. Government

Arthur Williams Estate Emergency Trust

Mrs. Fannie B. Wright

TOTAL STUDENT LOAN FUNDS

$

344.30 78.50
100.86 6,344.89 1,023.56 2,044.76 1,576.05
471.33 57.06
64,070.34 721.66
1.214.44 211.784.63

$

76.34 $

24.24

24.24

1,278.46

184.90

1,605.89

254.82

148.17

1.50

71,992.32

228.95

296.35

$102,383.74 $ 9.192.63

$

420.64

102.74

125.10

7,623.35

1,208.46

3,650.65

1,830.87

619.50

58.56

136,062.66

950.61

1.510.79

304.975.74

TOTAL TRUST FUNDS

$1,497,254.79 $298,350.47 $163,409.13 $1,632,196.13

DETAIL OF ENDOWMENT FUNDS - INVESTMENTS For Year Ended June 30, 1961

COMMON STOCK American Tel. and Tel. Company Ser. No. AB44521 - 95 shares Ser. No. N533181 - 3 shares Ser. No. N720634 - 3 shares Ser. No. A187078 - 196 shares Ser. No. D181272 - 6 shares Ser. No. 5-05569 - 5 shares
Bethlehem Steel Corporation Cert. No. 311810 - 100 shares) Cert. No. P8560-1-2 - 300 shares)
Jantzen, Inc. Ser. No. A29676 - 6 shares) Ser. No. A27326 - 1 share )
Narda Ultrasonics Corporation Ser. No. NUB28166 - 100 shares

Rate of Date Of Interest Maturitv

Book Value

Market Value

$ 5,264.58 $ 11,186.25

179.25

353.25

176.25

353.25

10,887.67

23,079.00

352.50

706.50

423.13

588,75

5,137.50

16,950,00

210.00

245.00

2,375.00

275.00

239

GEORGIA INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

Rate of Date of Interest Maturity

Book Value

Market Value

COMMON STOCK (CONTINUED) Reeves Soundcraft Corporation Ser, No. NC42728 - 500 shares) Ser. No. NC42729 - 500 shares)

$ 7,625.00 $ 8,500.00

Standard Oil Company of New Jersey Ser. No. 0658094 - 50 shares Ser. No. H786327 - 100 shares

1,575.00 3,150.00

2,212.50 4,425.00

West Point Manufacturing Company Ser. No. 7102-3-4-5-6 - 1,000 shares) Ser. No. 25970-1-2-3-4 - 1,000 shares) TOTAL COMMON STOCK

PREFERRED STOCK

Celanese Corporation

Ser. No. NY/PO 9382 Cum. - 35 shares

4%

Ser. No. NY/PO 14913 Cum. - 15 shares

4%

5,000.00

44,000.00

_ 42.355.88 J _ 112.874.50

$ 5,133.75 $ 2,808.75

1,128.75

1,203.75

Georgia Power Company

Ser. No. E02966 - 3 shares

4.6

Ser, No, E017277 - 25 shares)

4.6

Ser. No. E-17278 - 15 shares)

4.6

TOTAL PREFERRED STOCK

OFF CAMPUS REAL ESTATE Texas Property

W. G. S. T. BROADCASTING STATION

285.00 3,943.75
i _ 10.491.25 J _

282.00 3,760.00
8,054.50

74.015.78 $ 74.015.78 _ 4.915.58 J L 4.915.58

GEORGIA TECH BONDS Georgia Tech Bonds #1234-1238 Georgia Tech Bond Georgia Tech Bonds #1387-1390 Georgia Tech Bonds #1426-1435 Georgia Tech Bonds Georgia Tech Bonds #1436-1445 Georgia Tech Bonds #1471-1485 Georgia Tech Bonds #1547-1561 Georgia Tech Bonds #1641-1650 Georgia Tech Bonds #1746-1755 Georgia Tech Bonds #1908-1917 Georgia Tech Bonds #1928-1933 Georgia Tech Bonds #2011-2025 Georgia Tech Bonds #2036-2040 Georgia Tech Bonds #2071-2090 Georgia Tech Bonds #2137-2146

2%

5-1-61 $ 5,000.00 $ 5,000.00

2%

5-1-61

1,000.00

1,000.00

2%

5-1-62

4,000.00

3,990.00

2%

5-1-62

10,000.00

9,975.00

2%

5-1-62

5,000.00

4,987.50

2%

5-1-63

10,000.00

9,910.00

2k

5-1-63

15,000.00

14,865.00

7\

5-1-63

15,000.00

14,865.00

2k

5-1-64

10,000.00

9,865.00

7\

5-1-65

10,000.00

9,660.00

2k

5-1-66

10,000.00

9,500.00

2k

5-1-66

6,000.00

5,700.00

2k

5-1-67

15,000.00

14,017.50

7k

5-1-67

5,000.00

4,672.50

7k

5-1-68

20,000.00

18,380.00

2k

5-1-68

10,000.00

9,190.00

240

GEORGIA. INSTITUTE OF TECHNOLOGY DETAIL OF ENDOWMENT FUNDS - INVESTMENTS (CONTINUED)

Rate of Date of Interest __Maturitv

Book Value

Market Value

GEORGIA TECH BONDS (CONTINUED) Georgia Tech Bonds #2635-2649 Georgia Tech Bonds #2725-2734 Georgia Tech Bonds #2920-2929 Georgia Tech Bonds #2948-2957 Georgia Tech Bonds #3054-3058 Georgia Tech Bonds #3168-3172 Georgia Tech Bonds #3198-3200 Georgia Tech Bond #3348 Georgia Tech Bonds #3733-3740 TOTAL GEORGIA TECH BONDS

2k

5-1-72 $ 15,000.00 $ 12,952.50

2k

5-1-72

10,000.00

8,635.00

2%

5-1-73

10,000.00

8,450.00

2%

5-1-74

10,000.00

8,250.00

2k

5-1-74

5,000.00

4,125.00

2

5-1-75

5,000.00

3,900.00

2

5-1-75

3,000.00

2,340.00

2

5-1-76

1,000.00

768.50

2

5-1-78

8.000.00

5,980.00

$ 218.000.00 $ 200.978.50

UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS

Univ. Sys. Bldg. Auth. #851-864

3

Univ. Sys. Bldg. Auth. #865-898

3

Univ. Sys. Bldg. Auth. #899-932

3

Univ. Sys. Bldg. Auth. #938-955

3

Univ. Sys. Bldg. Auth. #991-1000

3

Univ. Sys. Bldg. Auth. #2704-2715

3k

Univ. Sys. Bldg. Auth. #3291-3315

3

Univ. Sys. Bldg. Auth. #3476-3500

%

Univ. Sys. Bldg. Auth. #3552-3556

3%

Univ. Sys . Bldg. Auth. #3601-3630

3

Univ. Sys. Bldg. Auth. #3683-3..78H2

4%

Univ. Sys. Bldg. Auth. #3701-3718

3

Univ. Sys. Bldg. Auth. #3851-3950

4%

Univ. Sys. Bldg. Auth. #4076-4085

3

Univ. Sys. Bldg. Auth. #4096-4145

4%

Univ. Sys. Bldg. Auth. #4171-4180

3

Univ. Sys. Bldg. Auth. #4651-4700

3

Univ. Sys. Bldg. Auth. #4821-4845

3

Univ. Sys. Bldg. Auth. #4951-5000

3

Univ. Sys. Bldg. Auth. #5051-5150

3

Univ. Sys. Bldg. Auth. #5201-5300

3

Univ. Sys. Bldg. Auth. #5401-5485

3

Univ. Sys. Bldg. Auth. #6041-6045

3%

Univ. Sys. Bldg. Auth. #6286-6295

3%

Univ. Sys. Bldg. Auth. #6501-6505

3%

Univ. Sys. Bldg. Auth. #6581-6597

3%

Univ. Sys. Bldg. Auth. #6779-6790

3%

Univ. Sys. Bldg. Auth. #6891-6895

3%

Univ. Sys. Bldg. Auth. #6961-6965

3%

TOTAL UNIVERSITY SYSTEM BUILDING AUTHORITY: BONDS

12-1-77 12-1-78 12-1-79 12-1-80 12-1-81 5-1-64 10-1-67 11-1-73 5-1-68
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

$ 14,000.00 $ 12,614.00

34,000.00

30,430.00

34,000.00

30,260.00

18,000.00

16,020.00

10,000.00

8,900.00

12,000.00

12,060.00

25,000.00

24,750.00

25,000.00

26,000.00

5,000.00

5,112.50

30,000.00

29,400.00

100,000.00

103,500.00

18,000.00

17,640.00

100,000.00

103,500.00

10,000.00

9,500.00

50,000.00

51,750.00

10,000.00

9,500.00

50,000.00

46,750.00

25,000.00

22,500.00

50,000.00

46,000.00

100,000.00

90,000.00

100,000.00

90,000.00

85,000.00

76,500.00

5,000.00

4,770.00

10,000.00

9,465.00

5,000.00

4,700.00

17,000.00

15,980.00

12,000.00

11,244.00

5,000.00

4,685.00

5.000.00

4.685.00

L 964.000.00 $ 918.215.50

TOTAL ENDOWMENT FUNDS - INVESTMENTS

$1.313.778.49 $1,.319.054.36

241

GEORGIA INSTITUTE OF TECHNOLOGY
DETAIL OF LOAN FUNDS - INVESTMENTS For Year Ended June 30, 1961

GEORGIA TECH BONDS Georgia Tech Bonds Georgia Tech Bonds #3201-3202 Georgia Tech Bonds #3349-3352 Georgia Tech Bonds #3398-3402 Georgia Tech Bonds #3426-3435 Georgia Tech Bonds #3531-3535 Georgia Tech Bonds #3561-3575 Georgia Tech Bonds #3602-3616 Georgia Tech Bonds #3731-3732 TOTAL GEORGIA TECH BONDS
UNIVERSITY SYSTEM BUILDING AUTHORITY BONDS Univ. Sys. Bldg. Auth. #3557--3561 Univ. Sys. Bldg. Auth. #5761-5770 Univ. Sys. Bldg. Auth. #6951-6960
NOTES RECEIVABLE Student Notes
TOTAL LOAN FUNDS - INVESTMENTS

Rate of Date of Interest Maturitv

Book Value

Market Value

2k

5-1-62 $ 5,000.00 $ 4,987.50

2

5-1-75

2,000.00

1,560.00

2

5-1-76

4,000.00

3,074.00

2

5-1-76

5,000.00

3,842.50

2

5-1-77

10,000.00

7,570.00

2

5-1-77

5,000.00

3,785.00

2

5-1-77

15,000.00 11,355.00

2

5-1-78

15*000.00 11,212.50

2

5-1-78

2.000.00

1.495.00

$ 63.000.00 $ 48.881.50

3% 3% 3% 3NDS

5-1-68 5-1-77 5-1-81

$ 5,000.00 10,000.00 10.000.00
$ 25.000.00

$ 5,112.50 9,612.00 9.370.00
$ 24.094.50

$172,277.41 $172,277.41 $260,277.41 $245,253.41

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Southern Technical Institute Experiment Station Auxiliary Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
TRUST FUNDS Endowment Funds Loan Funds TOTAL TRUST FUNDS

Cash Balance July 1. 1960

Receipts For Year

Disbursements Cash Balance

For Year

June 30. 1961

$ 694,835.79 $ 6,601,211.21 $ 6,453,778.15 $ 842,268.85

79,550.53

637,263.15

541,719.59

175,094.09

7,148.76 4,093,511.93 4,202,679.05(->102,018.36

369,190.95 2,936,481.26 2,942,926.86

362,745.35

414.487.40 1.132.524.67

624.875.03 922.137.04

$1.565.213.43 $15.400.992.22 $14.765.978.68 $ 2.200.226.97

$ 726.221.42 $ 3.181.393.16 $ 2.897.006.96 $ 1.010.607.62

$ 70,501.67 $ 90.966.45
$ 161.468.12 $

266,156.73 $ 260.972.69 527.129.42 $

323,216.50 $ 307.240.81 630.457.31 $

13,441.90 44.698.33 58.140.23

242

< \$
mk vl n
1
?1
*]fr

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

PLANT FUNDS TOTALS

Cash Balance

Receipts

Julv 1. 1960 , For Year

Disbursements Cash Balance

For Year

June 30. 1961

$6,747,915.80 $ 1.299.241.22 $ 3.127.449.22 $ 4.919.707.80

$9,200,818.77 $20,408,756.02 $21,420,892.17 $8,188,682.62

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Receipts U 2 L 1. 1960 For Year

Di sbur semen ts Cash Balance For Year June 30. 1961

AGENCY FUNDS

Atomic Energy Commission - B-145 Held in Trust - David J. Wild

$

565.26 $ 22,848.20 $ 21,408.85 $

300.00

300.00

National Science Found. G-13647 Student Activities

17,963.00

28,000.00 196,537.00

28,000.00 192,951.00

Atomic Energy Commission #AT(40-1)2568 Tuition Deposit Tech. Inst.

6,450.00

12,599.50 14,575.00

12,272.00 13,525.00

Atomic Energy Commission Cont.

No. AT(40-1)2755

99,392.00

63,858.16

Teachers Retirement Withholding

42,224.03 360,241.88 354,685.92

Federal Withholding Tax Collections

1,198,119.85 1,051,849.90

U. S. Savings Bonds Deductions Gamma Tau, Inc. - Held in Trust

330.33 1,019.00

20,447.09 300.00

20,343.75

Department of Army - Watertown Arsenal Tuition Deposits - Ext. Division Dean Skiles Fund Controller's Office Flower Fund Security Deposits - Lawson Apts. Security Deposits - Burge & Callaway

326.11 3.44
3,575.00

20,204.06 100.00 841.50 67.34
2,208.14

15,250.49 100.00 784.36 66.99
1,693.14

Apts. Georgia Tech Research Inst. - Air

1,968.20

582.02

499.65

Conditioning Computer Center

4,500.00

4,500.00

Student Lectures & Concerts National Institute of Health Grant

10,739.61

12,946.85

12,327.15

E-2948C1

3,235.00

3,235.00

Small Business Administration -

Engineering Experiment Station National Institute of Health Grant

9,085.56

8,514.94

E-2973C1 Student Activities Building Fund Tech. Inst. Student Activities National Institute of Health Grant

213,457.85 702.48

15,296.00 41,367.25 17,033.23

14,692.82 1,061.30
13,768.24

E-3587 Held in Trust - Murray T. Greer, Jr.

10,161.00 1,800.00

5,081.00 1,300.00

2,004.61
21,549.00 327.50
7,500.00
35,533.84 47,779.99 146,269.95
433.67 1,319.00 4,953.57
383.25 3.79
4,090.00
2,050.57
11,359.31
570.62
603.18 253,763.80
3,967.47
5,080.00 500.00

243

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts July 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

AGENCY FUNDS (CONTINUED)

Held in Trust - Robert Stobs, II

$

$

Held in Trust - John Wesley Saltsman, Jr. Atomic Energy Commission - Exp. Sta.

787.04

National Institute of Health Grant E-1585C2
Chemistry Breakage Books

.30 3,001.35

Checks for Cash

National Institute of Health Grant

RG-7637 Tech. Inst. Flower Fund

220.17

National Institute of Health Grant

No. RG-7549 Sales Tax - Bradley Dining Hall Sales Tax - Brittain Dining Hall Music Department Activities A. E. C. Grant AT(4010)-2453

319.48 250.61 3,020.56 114.91

Held in Trust - William Y. McCaslin, Jr.

National Science Foundation Grant

No. G-14783 Georgia Tech Student Council Parking Fines Southern Tech Alumni Dues

20,629.67 3,671.20 881.71

Pictures of Football Games

Held in Trust - John Wesley Saltsman, Jr.
Held in Trust - Julio Fuentes The Graduate Senate

406.00 274.10

Nuclear Reactor Building Ugly Man Contest - S. T. I. Held in Trust * S. T. I. Alumni Found.

176.54 892.92

Southern Tech. Inst. Building

Nuclear Reactor Equipment Drama Tech Productions

35.13

Held in Trust - Victor J. Citavella

Tuition Deposits Fall 1961

National Institute of Health Grant GN-5968

13,162.20

Held in Trust - Jose M. Saez

Faculty Club

National Institute Health Grant No.

RG-7004C1 Held in Trust - Salem N. Habib National Science Found. Grant 7051

414.00 2,967.91

No. RG-4945C4 Society of the Sigma Xi National Institute of Health Grant

1,288.17

No. RG-7637

1,800.00 2,750.00
4,559.30 1,515.40
4,674.00 503.00
5,262.00 9,333.69 4,720.61 2,203.90 2,853.00
727.04
23,000.00 104,977.67
5,207.50 2,336.50 5,820.00
681.00 764.17 92,392.09 142.95 511.50 47,702.36 20,612.92 2,750.25 1,362.00 31,825.00
310.00 11.33
13,758.64
3,100.00 7,546.17 1,951.75
14,013.00

1,800.00 $ 2,750.00
787.04

584.15 1,515.40

.30 6,976.50

4,674.00 674.82

48.35

2,321.21 9,278.57 4,689.36 2,272.09 2,405.67
727.04

2,940.79 374.60 281.86
2,952.37 562.24

9,944.74 106,058.19
1,206.00 2,152.18 5,820.00

13,055.26 19,549.15
7,672.70 1,066.03

406.00 681.00 543.70
100.89 1,380.00
2,201.95 1,362.00

494.57 92,392.09
218.60 24.42
47,702.36 20,612.92
583.43
31,825.00

13,162.20 310.00 11.33

8,088.30 414.00
5,727.23 3,763.41 2,207.60
6,430.05

5,670.34
340.68 3,782.76 1,032.32
7,582.95

244

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts July 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

AGENCY FUNDS (CONTINUED) National Institute of Health Grant No. E-2948C1 National Institute of Health Grant No. E-2073C1 National Institute of Health Grant No. 3587 National Science Found. Grant No. G-15063 Tau Alpha Pi National Honor Society National Institute of Health Grant No. 6837C1 Held in Trust - Arch. Dept. National Institute of Health Grant No. RG-6906C1 Atomic Energy Commission Contract No. AT(4040)-2493 National Science Found. Grant G-6084 Atomic Energy Commission No. AT(40-1) 2490 Liquid Petroleum Gas Assoc., Inc. Fund National Institute of Health Grant No. RG-5968C2 Held in Trust - Guillermo R. Tapia Military Uniforms Vo. No. 44913 Military Uniforms Vo. No. 8915 Georgia Tech G. E. A. Held in Trust - Luis Diaz Dormitory Deposits Phi Lamba Epsilon Price Gilbert, Jr. Entertainment Fund National Institute of Health Grant No. E-106C1 Held in Trust - Salomon Glinsky Held in Trust - Carlos L. Macan Held in Trust - Horacio E. Schwalm Social Security National Science Foundation Grant No. 7361 Held in Trust - Carlos Bofill National Institute of Health RG-6486C2 National Institute of Health E-2973

$

$ 9,702.00 $ 4,787.30 $

16,552.52

16,398.71

10,160.00

8,041.29

1,267.56

38,900.00 600.00

21,328.03 84.46

279.62

14,449.01

8,431.18 279.62

5,866.00

5,447.23

2,113.97 8,397.80

2,113.97 7,860.91

6,386.9,6 2,896.96

40,395.00 3,942.48

41,336.53 2,810.00

43.86 1,556.14
144.22
50,445.00 172.06
1,446.10
17,520.92

18,287.48 681.00
120.00 681.00 44,921.00
681.00 681.00 677.00 181,809.77

15,638.28 681.00 43.86
1,556.14 37.31
681.00 25,201.00
1,467.10
17,363.30 681.00 681.00 677.00
181,846.13

86,900.18

606.00

51,479.38 606.00

6,571.52 15,619.58

6,293.07 15,619.58

4,914.70 153.81
2,118.71 17,571.97
1,783.10 6,017.83
418.77
536.89 5,444.53 4,029.44 2,649.20
226.91 70,165.00
172.06 (-)21.00
157.62
(-)36.36 35,420.80
278.45

245

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts July 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

AGENCY FUNDS (CONTINUED) National Institute of Health E-2948 $ Held in Trust - David C. Miro Sou. Tech Inst. Dormitory Deposits Senior Invitations Held in Trust - Rafael J. Labrador Held in Trust - Christian H. Lugo Georgia Department of Commerce - EES Held in Trust - Jorge Dela Torriente National Institute of Health RG-4945C3 Held in Trust - Manuel de la Torre Held in Trust - Miguel A. Fernandez Military Uniforms Vo. No. 67586 Atomic Energy Commission Grant AT-(40-l)-2591 Georgia Power Co. - B-173 Military Uniforms Vo. No. 12545 Held in Trust - Evelio E. Gil Held in Trust - Oscar Sarduy Sales Tax Military Uniforms Sales Tax - Dormitory Rooms Cloudman Dormitory Senate Harrison Dormitory Senate National Institute of Health Grant No. 513470 Held in Trust - Jose Rafael Montabuo National Institute of Health Grant RG-7004 National Institute of Health Grant RG-6837 National Institute of Health Grant RG-6906 Tuition Deposits Fall 1960 Military Uniforms Vo. No. 109374 National Institute of Health KG-4722C3 Military Uniforms Vo. No. 57337 Pat Boone Show Held in Trust - Arturo Gonzales National Institute of Health RG-4722C3 Held in Trust - Carlos Valdes-Miranda Military Uniforms Vo. No. 112495 Military Uniforms Vo. No. 12122 Survey Course Summer 1960 State Withholding Tax

1,894.32 $ 3,020.00
785.65
5,190.86
6,584.00
1,000.00 10,450.08
4,240.80 1,800.00
(-)2.86 1.02
53.51 24,331.70
10,521.53 9,626.74 9,180.45
32,075.00 14,015.83
6,238.00 6,600.00 2,930.00
644.09 616.25 400.00 1,613.00

$ 681.00 4,120.00 681.00 681.00 1,935.20 681.00
211.00 681.00
12,508.50 1,975.70 681.00 681.00 3,468.40 204.36 50.05
681.00
4,510.00
600.00
681.00
1,010.00 90,206.63

1,894.32 $ 681.00
3,185.00 431.17 681.00 681.00
7,126.06 681.00
6,584.00 211.00 681.00
1,000.00
22,958.58 5,499.82 1,700.00 681.00 681.00 3,389.20 204.36
24,331.70 681.00
10,521.53
9,626.74
9,094.25 36,585.00 11,915.83
6,238.00 6,200.00 2,930.00
644.09 681.00
16.25 100.00 2,623.00 90,206.63

3,955.00 354.48
716.68 100.00
76.34 1.02
103.56
86.20 2,100.00
400.00 600.00 600.00 300.00

246

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance __ For Year June 30. 1961

AGENCY FUNDS (CONTINUED)

Southeastern Interfraternity Conf.

$

National Institute of Health Grant

91.87 $

$

91.87 $

RG-4945C3

31.19

31.19

National Institute of Health Grant

A3674R1

9,603.00

9,244.50

358.50

Held in Trust - Juan A. Michelena

681.00

681.00

Held in Trust - Armando Basarrate

677.00

677.00

Held in Trust - Felix Manuel Reyes

681.00

681.00

Held in Trust - Jose Carlos Estrada

670.00

670.00

Held in Trust - Jorge Perez

681.00

681.00

Held in Trust - Rene M. Lopez

681.00

681.00

National Institute of Health Grant

No. 7944C2

9,903.00

9,903.00

Held in Trust - Jacobo Gold

681.00

681.00

Held in Trust - Francisco J. Arechaga

681.00

681.00

National Institute of Health Grant

RG-7946

7,419.00

5,172.47

2,246.53

Military Uniforms Vo. No. S12471

30,317.82

24,417.82

5,900.00

Military Uniforms Vo. No. 630300

39,904.92

28,704.92

11,200.00

U. S. Government Loans to Cuban

Students

10,787.00

10,746.50

40.50

Short Courses & Conferences

43,090.00

43,090.00

Military Uniforms Vo. No. 641070

3,507.99

507.99

3,000.00

Military Uniforms Vo. No. S17676

447.51

247.51

200.00

Summer Survey Camp - Civil Eng.

5,460.00

2,916.00

2,544.00

National Institute of Health Grant

A-3674C1

2,403.00

2,403.00

Held in Trust - Anthony J. Marina

16.67

16.67

Held in Trust - Julio Diaz

680.50

680.50

TOTAL

$ 726,221.42 $3 ,181,393.16 $2,856,753.46 $1,050,861.12

Transfers to Plant Fund - Student

Activities Building Fund

40.253.50 (-)40,253.50

TOTAL AGENCY FUNDS

$ 726.221.42 $3.181.393.16 $2.897.006.96 $1.010.607.62

* 247

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance July 1. 1960

Receipts

Disbursements

Balance Transfers June 30 1961

Authority Rentals

$

$

154-4th Street, N. W.

855 Plum Street, N. W.

837 Atlantic Drive, N. W.

833 Atlantic Drive, N. W.

360 Tenth Street, N. W.

723 Brittain Dr., N. W.

Vacant Lot on Greenfield

St., N. W.

778 Atlantic Drive, N. W.

885 State Street, N. W.

940 Atlantic Dr., N. W.

& Vacant Lot Next

Door

767 Hemphill Ave., N. W.

1051 Plum St., N. W.

(Westshire Place)

761 Hemphill Ave., N. W.

876 Atlantic Drive, N. W.

337 Fourt Street, N. W.

749 Hemphill Ave., N. W.

321 Fifth Street, N. W.

331 Fourth Street, N. W.

Renovation of Knowles

Building

(->1,280.13

Radioisotopes Laboratory

Building

(->144.19

Repairs to Library Bldg.

672.00

Purchase of Property -

Miscellaneous

39,520.78

Renovation & Replacement -

Auxiliary Enterprises 372,746.49

Renovation of Mechanical

Engr. Building

26,324.13

Renovation of Engineering

Drawing & Mechanics Bldg .32,713.17

Renovation of Physics Bldg. 15,887.61

Central Storage & Shops

240,968.41

Renovation of Naval Armory

368.61

Renovation of Swann Bldg.

Renovation of Techwood

Dormitory

2,717.52

Repairs to Swann Bldg. Short

Courses & Conferences

Repairs to Roof of Callaway

Apartments

659.28

73,712.16 $ 40,253.50
11,165.17 144.19
130,894.01 229,071.69
62,500.00 20,000.00
1,300.00

73,712.16 $> 40,272.54
77.11 69.62 70.55 103.13 150.10
39.81 105.21
72.10

$ 19.04 77.11 69.62 70.55 103.13 150.10
39.81 105.21
72.10

14,168.48 15,145.56
14.00 16,134.42
7,609.00 15,886.50 15,353.75 17,075.91
85.12
9,885.04

14,168.48 15,145.56
14.00 16,134.42
7,609.00 15,886.50 15,353.75 17,075.91
85.12

(->672.00

(->101,701.40

(->31,562.43

2,294.75

141.28 7,818.83 256,387.96
368.61 12,782.84

(->22,000.00

2,576.96

1,197.35

(->102.65

659.28

68,713.39 570,255.75
24,029.38
32,571.89 8,068.78
25,080.45 7,217.16
140.56

248

GEORGIA INSTITUTE OF TECHNOLOGY" STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1960

Receipts

Disbursements

Balance Transfers June 30. 1961

Portable Floor Alexander

Memorial Building $ 17,500.00 $

Repairs to Cloudman

Dormitory

753.01

Renovation of Glenn

Lounge Area

Remodeling of Old Court

Laboratory Chemical

Engr.

3,200.00

Knowles Bldg. Vault

A. French Bldg. (Part)

Heating System Repairs to

Brown Dorm.

224.28

Heating System Repairs to

Harris Dorm.

199.76

Nuclear Reactor Building 2,404,381.29

Renovation of Harrison

Lounge Area

Renovation of Howell

Lounge Area

Heating System Repairs to

Harrison Dorm.

233.98

Heating System Repairs to

Howell Dorm.

233.98

Renovation of Techwood Lounge

Area

Renovation of Chemistry

Annex

7,498.12

Renovation of Towers Lounge

Area

Renovation of Hightower

Textile Building

10,947.87

Renovation of Ceramic

Engr. Bldg.

10,445.18

Repairs to Faculty Apt. -

Brown Dorm.

Soil Mechanics Laboratories -

School of Civil Engr.

Repairs to Engineering Mechanics

Building Renovation of Evening School if

General Office

Physics Bujtlding

310.82

Civil Engineering Building 1,000.00

Partition in Joint Highway

Lab. Bldg.

Renovation of Administration

Bldg.

75,000.00

$ 73.56 2,395.00
10,000.00 5,000.00
150,000.00 400.00 400.00
340.00
2,455.00
4,350.00 7,000.00
4,000.00 390.00 250.00

$ 753.01 2,169.01

$ (-)73.56 (-)225.99

17,500.00

820.80 7,487.74

(-)2,379.20 (-)2,512.26

5,000.00

205.75

(-)18.53

140.53

(-)59.23

591,553.85 (-)412,017.70 1,550,809.74

319.96

(-)80.04

332.66

(-)67.34

208.88

(-)25.10

208.88

(-)25.10

340.00

11.99

7,486.13

916.09

1,538.91

6,222.00

4,725.87

24.92

10,420.26

2,975.84 (-)1,374.16

7,000.00

995.62

3,370.29

2,374.67

3,831.98 37.80

(-)310.82

168.02 1,352.20

197.82

(-)52.18

1,918.20

73,081.80

249

GEORGIA. INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1960

Receipts

D isbursements

Balance Transfers June 30. 1961

Mechanical Engineering

Bldg. - Manufacturing

Process Labs

$

4,189.71 $

Sanitary Engr. Research

Lab. - Civil Engr.

Southern Technical

Institute Bldgs. Infirmary Building Dining Hall Fire

1,929,034.87 65,708.15 942.75

Partition Room 311 of

Main Research Bldg.

18.04

Auccoustical Tile, 719 Cherry Street

395.83

Boiler House - Brittain

Dining Hall

654.44

Repairs to Chemistry Bldg. -

Glassblower

1,831.76

Repairs to Bradley Dining Hall

26.41

Research Lab. in Textile

Building

3,593.53

Technical Auxiliary Enterprises

97,372.78

Repairs to Rooms 225-226

Main Research Bldg.

938.69

Mechanical Engr. Research

Lab.

Rifle Range, Crenshaw Facilities

42,396.24

Improvement in Lighting Civil Engr.

200.00

Conversion of Classrooms Mechanical Engineering

893.47

Renovation of Old Radio Shop

& Old Shop Bldg.

Wall in Director's Office in

Mechanical Engineering Bldg.

Conversion of Space into

Laboratories - Physics 8,500.00

Addition to Power Plant

Housing Office

2,594.42

Repairs to 114 Fourth St.,

N. W.

Nuclear Research Reactor -

National Science Foundation Paving to Complete Classroom

Building

(-)1,382.55

$ 1,220.90 $

$

20,463.81

1,372,443.85 48,189.25

(-)6,684.32 (->942.75

(->18.04

(->395.83

(->654.44

409.78

(->1,421.98

(->26.41

1,226.12 (->1,317.11

10,244.18

(->33,529.71 (->938.69

20,000.00

3,541.56

22,000.00

26,286.48

(->200.00

225.24

(->668.23

4,250.00 1,100.00 4,000.00

3,641.01 669.00
6,758.20

(->608.99 (->431.00

2,533.12

4,000.00

781,532.81

5,207.49

7,820.05

2,968.81 20,463.81 556,591.02 10,834.58
1,050.30 74,087.25 16,458.44 38,109.76
5,741.80 61.30
4,000.00 781,532.81
1,230.01

250

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1960

Nuclear Research Reactor

Contingent Fund

$

Renovation of Quantitative

Analysis Laboratory,

Chemistry Repair Chimney at Power

34,982.75

Plant

5.200.00

Deaerator on Boiler in

Power Plant

74.02

Renovation of Offices in

Swann Building

5,000.00

Remodel Rooms 206-207 Main

Research Building

4.898.00

Renovation of Locker Rooms

at Athletic Association

Renovation of Dining Area at

Athletic Association

Renovation of ODK Room

Brittain Dining Hall

6,000.00

Remodel Office Area

Athletic Association

Transformers for Alexander

Memorial Building

Chemistry Annex Bldg.

Service Alterations to

Building - Engineering

Experiment Station

Changes in Offices in Civil

Engr. Bldg.

Chemical & Ceramic Engr.

Bldg.

Solar Still on Roof of

Civil Engr. Bldg.

Shower Rooms Brown

Dormitory

Shower Rooms Harrison

Dormitory

Shower Rooms Howell

Dormitory

Renovation of 321 Fifth

Street

Repairs to Mechanical

Engr. Bldg. Lights Div.

Office-Class Room

to Offices

Air Conditioning for Class

Rooms in Textile Bldg.

Receipts

Disbursements

Balance Transfers June 30. 1961

$

$ 172,121.94 $ 172,121.94

265.11
11,053.15 6,880.11 3,613.17 750.00 7,500.00

31,168.13
4,625.87 4,145.67 11,053.15 6,880.11 3,723.49 3,613.17

(-)5,200.00 (->74.02
(->374.13 (->752.33

1,439.00

4,079.73
2,276.51 750.00
6,061.00

2,260.00 2,755.00 5,400.00
4,719.30

395.61 2,887.18
505.30 5,404.11
65.22 95.23 95.22 2,279.32

132.18
13.71 10,500.00
7,600.00 6,300.00 1,280.70

1,864.39
(->505.30 9.60
10,434.78 7,504.77 6,204.78 3,720.68

2,595.00

3,500.00

2,595.00 3,500.00

251

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance July 1. 1960

Receipts

Balance Disbursements_ Transfers__ June 30. 1961

Repairs to 154 Fourth

St., N. W.

$

$

City of Atlanta &

Fulton Co. 1960-61

Paving - New Infirmary

5,491.18

Paving - Alexander

Memorial Bldg. Parking

Lots

3,916.43

Site Work - New Physical

Plant Bldg.

Landscaping New Infirmary

City of Atlanta & Fulton

Co. 1959-60

37,473.79

Providing Parking Area at

Techwood Dormitory

9,118.06

Install Fence Around Property

at Callaway Apartments

365.42

Landscaping New Classroom

Area

23,918.74

Parking Facilities Rear of

Civil Engineering Bldg. 2,756.36

Change from Delta to Wye

on Electrical System

1,000.00

Relocate Outer Drive Arch

Way - At North Ave.

Miscellaneous Paving -

Small Projects

Construction Brick Wall

Aeronautical Bldg.

Cyclone Fence & Gate Around

Vacant Lot - 925 Greenfield

Street

Landscaping - Nuclear Research

Reactor

Utility Service - Nuclear

Research Reactor

Radioisotopes Laboratory

8.76

Loose Equipment for New

Physical Plant

Lounge Furniture for

Cloudman Dorm.

Lounge Furniture for

Harrison & Howell

Dormitories

40.00

Equipment for New Infirmary 32,158.55

Ice Machine for Bradley

Dining Hall

290.00

1,200.00 $ 50,004.00
838.01 3,417.00 2,979.60 35,000.00
3,800.00

$

$

(->50,000.00

5,434.43

109.32

5,015.88

261.44

7.18 5,246.86

12,000.00 6,575.00

(->37,473.79

12,535.06

(->365.42

25,370.13

3,000.00

5,735.96

46,302.78

67,782.73

1,545.07

1,545.07

1,680.24

4,204.93

5,392.88

7,500.00

1,186.43
7,110.00 9,930.37 2,621.08

1,186.43 25.554.00
97.294.00 (-)8.76
10,000.00

31,478.51

(->40.00

1,200.00 4.00
166.07
11,992.82 1,328.14
1,548.61
57,479.95
2,524.69 2,107.12
25.554.00 90.184.00
69.63 1,178.92
680.04 290.00

252

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance Julv M 1960

Receipts

Disbursements

Balance Transfers June 30. 1961

Furniture for Harris

Dormitory

$

1,671.53 $

Mechanical Engineering

707.28

Textile Engineering

993.77

Lounge Furniture for

Glenn Dorm.

Georgia Fire Institute

Equipment

.63

Furniture for Public

Relations Off.

113.38

Miscellaneous Dormitory

Furniture

1,447.41

Engineering Drawing &

Mechanics

3,370.29

Furniture for Lounge &

TV Room - Southern

Tech Inst.

170.00

Supersonic Wind Tunnel

2.49

Equipment for Drama Tech

9.49

Atomic Energy Commission

Grant to Civil Eng.

1,393.71

Equipment for Sou. Tech

Inst. - Junk

256.33

Air Conditioning Labs in

Textile Department

1,599.37

Air Conditioning Room 212

Research

1,475.00

Lounge Furniture for

Harrison Dorm.

Tablet Arm Chairs

12,004.05

Equipment for Kitchen

in President's Home

4,484.88

Lounge Furniture for Howell

Dorm.

Furniture for Harris &

Howell Dorms.

28,930.00

Loose Furniture for

New Dormitories

50,186.00

Lounge Furniture for

Smith Dorm.

Ice Machine for Brittain

Dining Hall

1,273.00

Furniture for Mechanical

Engr.

Furniture for Techwood

Dormitory

254.88

$

$

$

707.28

2,870.00

1,542.60
113.18 (->188.00

(->.63 (-).20
(->3,370.29

1.29
250.00 374.54 250.00
2,947.00 400.00

153.00 (->12.66 1,395.00
210.82 613.04 1,449.00
12,004.05 5,263.63
24,942.49 22,593.99
2,397.13 1,140.13
400.00

(->2.49 (->22.15
(->939.33 (->26.00 404.21
(->132.87 (->254.88

1,671.53 993.77
1,327.40
1,635.41
17.00
45.51 47.00 250.00
250.00 3,987.51 27,592.01
549.87

253

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)



Balance July 1. 1960

Receipts____D i s b u r s e m e n t s

Balance Transfers June 30. 1961

Lounge Furniture for

Techwood Dorm.

$

$ 1,757.24 $ 1,623.60 $

$

133.64

Nuclear Research

Reactor

11,048.24

117,047.76

128,096.00

A

Nuclear Research Reactor -

National Science

Foundation Grant

781,532.81

(->781,532.81

Lounge Furniture for Towers

Dorm.

3,337.84

1,573.60

1,764.24

Furniture for Residents

Advisor's Suite New Dorm.

2,954.00

330.90

* 2,623.10

Furniture for Development

Office

2,000.00

1,930.60

(->69.40

Air Conditioning Computer

Center

5,500.00

843.47

4,656.53

Trucks for Physical Plant Cleaning Equipment for

8,600.00

7,742.04

857.96

l

Dormitories

3,300.00

2,906.15

(->393.85

Equipment for New Class

Room Building

9,000.00

418.88

8,581.12

New Equipment at

Southern Tech Dining

Hall - Marietta,

Ga.

23,000.00

23,000.00

Sanitary Research

Laboratory

5.284.00

5,284.00

School of Electrical

Engineering

5.300.00

1,257.40

4,042.60

Natural Gas Fired Wide

Range High Temperature

Furnace

3,000.00

3,000.00

Heating - Air Conditioning

System President's Home X-Ray Equipment for
Ceramic Engr.

10,200.00 7.650.00

63.44

10,136.56

,*

7,650.00

<

Photo-Stat Machine for

Registrar's Office

12,000.00

12,000.00

Chemical Engineering

Equipment for Room

B-36

2.750.00

94.05

2,379.20

5,035.15

Truck for Dining Hall

1,518.25

1,968.55

450.30

Post Office Boxes - Sou.

Tech Inst.

6,000.00

6,000.00

Lounge Furniture - Field

Dormitory

7,576.00

7,576.00

254

A

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance Julv 1. 1960

Receipts

Disbursements

Balance Transfers June 30. 1961

Lounge Furniture -

Hanson Dormitory $ Lounge Furniture -

i?

$

$

Hopkins Dormitory

Lounge Furniture -

Matheson Dormitory

Sale of Property

62.20

52.00

Appraisals

998.33

716.00

Urban Renewal Program

6,000.00

To Educational & General

Funds

3,348.38

To Auxiliary Enterprises

Funds

2,703.80

To Engineering Experiment

Station

2.739.88

SUBTOTAL Bond Sinking Fund

$ 6,497,667.64 $1,090,425.88 $2,960,949.36 $

186,444.37

204,450.12

166,499.86

Callaway Sinking Fund

38,475.66

3,708.96

Reserve Fund - Bond

Indenture

25.328.13

656.26

SUBTOTAL

$ 6,747,915.80 $1,299,241.22 $3,127,449.22 $

Investments

C-)248.571.58 248.571.58 284.078.26

2,959.00 $

2,959.00

3,375.00

3,375.00

4,783.00

4,783.00 10.20
282.33 6,000.00

3,348.38

2,703.80

2.739.88 $ 4,627,144.16 224,394.63 42,184.62

25.984.39 $ 4,919,707.80
(-)284.078.26

TOTALS

$ 6.499.344.22 $1,547,812.80 $3,411,527.48 $

$ 4.635.629.54

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Earnings on Temporary Investments
Governmental Appropriations State of Georgia City of Atlanta and Fulton County TOTAL GOVERNMENTAL APPROPRIATIONS

Funds For Plant
^ditipps

Debt Service

Total

$6,494,646.04 $253,269.76 $6,747,915.80

$ 126.443.82 $ 8.699.61 $ 135.143.43

$ 127,000.00 $

$ 127,000.00

50.004.00

50.004.00

1_ 177.004.00 J ______ ______ 177.004.00

255

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service .

Total

ADDITIONS (CONTINUED) Georgia Tech Athletic Association

$ 21.546.43 $

$ 21.546.43

Gifts and Grants Atlanta Gas Light Company The Edward Orton, Jr. Ceramic Foundation TOTAL GIFTS AND GRANTS

$ 3,000.00 $ 7.650.00
$ 10.650.00 $

$ 3,000.00 7.650.00
$ 10.650.00

Sale of Property Houses Equipment TOTAL SALE OF PROPERTY

$

976.00 $

$

976.00

292.35

292.35

1.268.35 _________ $ 1.268.35

Transfers from Trust Funds Renovations and Replacements - Auxiliary Enterprises

$ 92.767.63 $

Transfers from Engineering Experiment Station

Nuclear Reactor Building Soil Mechanics Lab. - School of Civil Engr.

$ 150,000.00 $ 7,000.00

Renovation of Old Radio Shop and Old Shop Bldg.

4,250.00

Service Alterations to Bldg. 78 - Exp. Sta.

2,260.00

Solar Still on Roof of Civil Engr. Bldg. Repairs to 154 Fourth Street, N. W. Air Conditioning Computer Center

5,400.00 1,200.00 5.500.00

TOTAL TRANSFERS FROM ENGINEERING EXPERIMENT

STATION

175.610.00 $

Transfers from Educational and General Funds Renovation of Knowles Building Purchase of Property - Miscellaneous Central Storage and Shops

$ 11,165.17 $ 80.00
25,500.00

Repairs to Swann Bldg. Short Courses and Conferences
Remodel Space in A. French Building Renovation of Evening School - General Office Partition in Joint Highway Lab. Bldg. Sanitary Engineering Research Lab. Mechanical Engineering Research Lab. Wall in Director's Office in Mech. Engr. Conversion of Space into Labs - Physics Repairs to 114 Fourth Street, N. W. Renovation of Quan. Analyses Lab. - Chem. Chemistry Annex Building

1,300.00 2,000.00 4,000.00
250.00 17,000.00 20,000.00
1,100.00 4,000.00 4,000.00
265.11 7,500.00

$ 92.767.63
$ 150,000.00 7,000.00 4,250.00 2,260.00 5,400.00 1,200.00 5.500.00
$ 175.610.00
$ 11,165.17 80.00
25,500.00
1,300.00 2,000.00 4,000.00
250.00 17,000.00 20,000.00
1,100.00 4,000.00 4,000.00
265.11 7,500.00

256

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

*

Funds For Plant

Debt

Additions

Service

Total

ADDITIONS (CONTINUED)

Transfers from Educational and General Funds (Cont.)



Renovation of 321 Fifth Street

$ 4,719.30 $

$ 4,719.30

Repairs to Mechanical Engr. Building

2,595.00

2,595.00

Parking Facilities Rear of Civil Engr. Bldg.

2,979.60

2,979.60

Atomic Energy Comm. Grant to Civil Engr.

1.29

1.29

Equipment for Kitchen in President's Home

374.54

374.54

Furniture for Mechanical Engr. Office

400.00

400.00

Furniture for Development Office

2,000.00

2,000.00

H

Truck for Physical Plant

8,600.00

8,600.00

Equipment for New Classrooms

9,000.00

9,000.00

Sanitary Engineering Research Lab.

2,642.00

2,642.00

School of Electrical Engineering

5,300.00

5,300.00

Heating-Air Conditioning System President's Home

10,200.00

10,200.00

Photo-Stat Machine for Registrar's Office

12,000.00

12,000.00

Chemical Engineering Equipment

2,750.00

2,750.00

Urban Renewal Program

6.000.00

6.000.00

TOTAL TRANSFERS FROM EDUCATIONAL AND GENERAL FUNDS

$ 167.722.01 $

______ L. 167.722.01

Transfers from Agency Funds 154 Fourth Street, N. W,,

$ 40.253.50 $

______ L. 40.253.50

Transfers from Auxiliary Enterprises

Authority Rentals

$ 73,712.16 $

$ 73,712.16

Purchase of Property - Miscellaneous

9,351.84

9,351.84

#

Renovations and Replacements - Auxiliary

it

Enterprises Repairs to Cloudman Dormitory

136,304.06 73.56

136,304.06 73.56

Renovation of Glenn Lounge Area

2,395.00

2,395.00

Renovation of Harrison Lounge Area

400.00

400.00

Renovation of Howell Lounge Area

400.00

400.00

Renovation of Techwood Lounge Area

340.00

340.00

Renovation of Towers Lounge Area

2,455.00

2,455.00

Repairs to Faculty Apt. - Brown Dormitory

4,350.00

4,350.00

Renovation and Replacement - Southern Tech Inst.

10,244.18

10,244.18

Transformers for Alexander Memorial Bldg.

750.00

750.00

Paving Alexander Memorial Parking Lots

838.01

838.01

Paving Parking Area at Techwood Dormitory

3,417.00

3,417.00

Lounge Furniture for Cloudman Dormitory

3,800.00

3,800.00

Lounge Furniture for Glenn Dormitory

2,870.00

2,870.00

Lounge Furniture for Harrison Dormitory

250.00

250.00

*

Lounge Furniture for Howell Dormitory

250.00

250.00

Lounge Furniture for Smith Dormitory

2,947.00

2,947.00

Lounge Furniture for Techwood Dormitory

1,757.24

1,757.24

Lounge Furniture for Towers Dormitory

3,337.84

3,337.84



257

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service

Total _

ADDITIONS (CONTINUED) Transfers from Auxiliary Enterprises (Cont.) Furniture for Resident's Advisors Suite Cleaning Equipment for Dormitories Post Office Boxes - Southern Tech Inst. Truck for Brittain Dining Hall Bond Sinking Fund Callaway Sinking Fund TOTAL TRANSFERS FROM AUXILIARY ENTERPRISES

$ 2,954.00 $ 3,300.00

$ 2.954.00 3.300.00

3,000.00

3,000.00

1,518.25

1,518.25

197,281.81

197,281.81

2.833.92

2.833.92

$ 271.015.14 $200,115.73 $ 471.130.87

Transfers from Southern Technical Institute Post Office Boxes - Southern Tech Institute

$ 3.000.00 $

$ 3.000.00

Transfers from Restricted Funds Civil Engineering Building Changes in offices in Eng. Building TOTAL TRANSFERS FROM RESTRICTED FUNDS
TOTAL ADDITIONS

$

390.00 $

2.755.00

$ 3.145.00 $

$

390.00

2.755.00

$ 3.145.00

$1,090,425.88 $208,815.34 $1 .299.241.22

DEDUCTIONS Expended for Plant Additions Land 154 Fourth Street, N. W. 855 Plum Street, N. W. 837 Atlantic Drive, N. W. 833 Atlantic Drive, N. W. 360 Tenth Street, N. W. 723 Brittain Drive, N. W. Vacant Lot on Greenfield Street, N. W. 778 Atlantic Drive, N. W. 885 State Street, N. W. 940 Atlantic Drive, N. W. and Vacant Lot
Next Door 767 Hemphill Avenue, N. W. 1051 Plum Street, N. W. (Westshire Place) 761 Hemphill Avenue, N. W. 876 Atlantic Drive, N. W. 337 Fourth Street, N. W. 749 Hemphill Avenue, N. W. 321 Fifth Street, N. W. 331 Fourth Street, N. W. TOTAL LAND

$ 40,272.54 $ 77.11 69.62 70.55
103.13 150.10
39.81 105.21
72.10

$ 40,272.54 77.11 69.62 70.55
103.13 150.10
39.81 105.21
72.10

14,168.48

14,168.48

15,145.56

15,145.56

14.00

14.00

16,134.42

16,134.42

7,609.00

7,609.00

15,886.50

15,886.50

15,353.75

15,353.75

17,075.91

17,075.91

85.12

85.12

142.432.91 _i____________ $L 142.432.91

258

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service

DEDUCTIONS (CONTINUED)

Expended for Plant Additions (Cont.)

Buildings and Additions to Buildings

Renovation of Knowles Building

$ 9,885.04 $

Renovation of Mechanical Engr. Building

2,294.75

Renovation of Engineering Drawing and

Mech. Bldg.

141.28

Renovation of Physics Building

7,818.83

Central Storage and Shops

256,387.96

Renovation of Naval Armory

368.61

Renovation of Swann Building

12,782.84

Renovation of Techwood Dormitory

2,576.96

Repairs to Swann Building - Short Courses

and Conferences

1,197.35

Repairs to Roofs of Callaway Apartments

659.28

Repairs to Cloudman Dormitory

753.01

Renovation of Glenn Lounge Area

2,169.01

Remodeling of Old Court Laboratory - Chem.

Engr.

820.80

Knowles Building Vault

7,487.74

Heating System Repairs to Brown Dormitory

205.75

Heating System Repairs to Harris Dormitory

140.53

Nuclear Reactor Building

591,553.85

Renovation of Harrison Lounge Area

319.96

Renovation of Howell Lounge Area

332.66

Heating System Repairs to Harrison Dormitory

208.88

Heating System Repairs to Howell Dormitory

208.88

Renovation of Chemistry Annex

11.99

Renovation of Towers Lounge Area

916.09

Renovation of Hightower Textile Building

6,222.00

Renovation of Ceramic Engineering Building

24.92

Repairs to Faculty Apt. - Brown Dormitory

2,975.84

Repairs to Engineering Mechanics Building

995.62

Renovation of Evening School - General Office

3,831.98

Civil Engineering Building

37.80

Renovation of Administration Building

1,918.20

Mechanical Engr. Bldg. - Mfg. Process Labs

1,220.90

Southern Technical Institute Buildings

1,372,443.85

Infirmary Building

48,189.25

Repairs to Chemistry Bldg. - Glassblower

409.78

Research Laboratory in Textile Building

1,226.12

Mechanical Engineering Research Lab.

3,541.56

Rifle Range, Crenshaw Facilities

26,286.48

Conversion of Classrooms - Mechanical Engr.

225.24

Renovation of Old Radio Shop and Old Shop Bldg. 3,641.01

Wall in Director's Office in Mech. Engr. Bldg.

669.00

Total
$ 9,885.04 2,294.75
141.28 7,818.83 256,387.96
368.61 12,782.84
2,576.96
1,197.35 659.28 753.01
2,169.01
820.80 7,487.74
205.75 140.53 591,553.85 319.96 332.66 208.88 208.88
11.99 916.09 6,222.00
24.92 2,975.84
995.62 3,831.98
37.80 1,918.20 1,220.90 1,372,443.85 48,189.25
409.78 1,226.12 3,541.56 26,286.48
225.24 3,641.01
669.00

259

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service

DEDUCTIONS (CONTINUED)

Expended for Plant Additions (Cont.)

Buildings and Additions to Buildings (Cont.)

Conversion of Space into Labs - Physics

$ 6,758.20 $

Addition to Power Plant - Housing Office

2,533.12

Paving to Complete Classroom Building

5,207.49

Renovation of Quantitative Analyses Lab. -

Chem.

31,168.13

Renovation of Offices in Swann Building

4,625.87

Remodel Rooms 206 - 207 Main Research Bldg.

4,145.67

Renovation of Locker Rooms at Athletic Assoc.

11,053.15

Renovation of Dining Area at Athletic Assoc.

6,880.11

Renovation of ODK Room Brittain Dining Hall

3,723.49

Remodel Office Area Athletic Assoc.

3,613.17

Chemistry Annex Building

1,439.00

Service Alterations to Bldg. 78 - Engr. Exp.

Station

395.61

Changes in Offices in Civil Engr. Building

2,887.18

Chemical and Ceramic Engr. Building

505.30

Solar Still on Roof of Civil Engr. Building

5,404.11

Shower Rooms Brown Dormitory

65.22

Shower Rooms Harrison Dormitory

95.23

Shower Rooms Howell Dormitory

95.22

Renovation of 321 Fifth Street

2.279.32

TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS $2,465,976.19 $

Improvements Other Than Buildings

Paving - New Infirmary

$

Paving - Alexander Memorial Parking Lots

Site Work - New Physical Plant Building

Landscaping New Infirmary

Providing Parking Area at Techwood Dormitory

Landscaping New Classroom Area

Parking Facilities Rear of Civil Engr. Bldg.

Change from Delta to Wye on Electrical System

Relocate Outer Drive Archway at North Ave.

Miscellaneous Paving - Small Projects

Construction Brick Wall Aeronautical Building

Cyclone Fence and Gate Around Vacant Lot -

925 Greenfield Street

Utility Service Nuclear Research Reactor

TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

1

5,434.43 $ 5,015.88
7.18 5,246.86 12,535.06 25,370.13 5,735.96 46,302.78 1,545.07 1,680.24 5,392.88
1,186.43 7.110.00 122.562.90 J _

Equipment Loose Equipment for New Physical Plant Lounge Furniture for Cloudman Dormitory

$ 9,930.37 $ 2,621.08

Total
$ 6,758.20 2,533.12 5,207.49
31,168.13 4,625.87 4,145.67
11,053.15 6,880.11 3,723.49 3,613.17 1,439.00
395.61 2,887.18
505.30 5,404.11
65.22 95.23 95.22 2.279.32 $2,465,976.19
$ 5,434.43 5,015.88 7.18 5,246.86
12,535.06 25,370.13
5,735.96 46,302.78
1,545.07 1,680.24 5,392.88
1,186.43 7.110.00 $ 122.562.90
$ 9,930.37 2,621.08

260

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service

Total

DEDUCTIONS (CONTINUED)

Expended for Plant Additions (Cont.)

Equipment (Cont.) Equipment for New Infirmary Mechanical Engineering Lounge Furniture for Glenn Dormitory Furniture for Public Relations Office Miscellaneous Dormitory Furniture

$ 31,478.51 $ 707.28
1,542.60 113.18
(-H88.00

Furniture for Lounge and TV Room - Southern Technical Institute
Equipment for Drama Tech Atomic Energy Commission Grant to Civil Engr. Equipment for Southern Tech Inst. - Junk Air Conditioning Labs in Textile Department Air Conditioning Room 212 Research Tablet Arm Chairs Equipment for Kitchen in President's Home Furniture for Harris and Howell Dorms. Loose Furniture for New Dormitories Lounge Furniture for Smith Dormitory Ice Machine for Brittain Dining Hall Furniture for Mechanical Engr. Lounge Furniture for Techwood Dormitory Lounge Furniture for Towers Dormitory

153.00 (-H2.66 1,395.00
210.82 613.04 1,449.00 12,004.05 5,263.63 24,942.49 22,593.99 2,397.13 1,140.13 400.00 1,623.60 1,573.60

m

Furniture for Residents Advisors Suite - New Dorm.
Furniture for Development Office Air Conditioning Computer Center Trucks for Physical Plant Cleaning Equipment for Dormitories Equipment for New Classroom Building School of Electrical Engineering Heating - Air Conditioning System President's9

330.90 1,930.60
843.47 7,742.04 2,906.15
418.88 1,257.40

Home

63.44

Chemical Engineering Equipment for Room B-36

94.05

Truck for Dining Hall

1.968.55

TOTAL EQUIPMENT

$ 139.507.32 $

TOTAL EXPENDITURES FOR PLANT ADDITIONS

$2,870,479.32 $

$ 31,478.51 707.28
1,542.60 113.18
(-)188.00
153.00 (-)12.66 1,395.00
210.82 613.04 1,449.00 12,004.05 5,263.63 24,942.49 22,593.99 2,397.13 1,140.13 400.00 \ 1,623.60 1,573.60
330.90 1,930.60
843.47 7,742.04 2,906.15
418.88 1,257.40
63.44 94.05 1.968.55 139.507.32
$2 .870.479.32

Indebtedness Retired Bonds Retired
Other Deductions Authority Rentals

_____________ $141.000.00 $ 141.000.00

$ 73,712.16 $

$ 73,712.16

261

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Funds For Plant
Additions

Debt Service

Total

DEDUCTIONS (CONTINUED) Other Deductions (Cont.) Bonds Interest on Indebtedness
TOTAL OTHER DEDUCTIONS

$

____ L 25..499.86 $ 25.499.86

$ 73.712.16 $ 25,.499.86

99.212.02

Other Expenditures Not Capitalized Soil Mechanics Laboratories School of Civil
Engr. Partition in Joint Highway Lab. Building Sale of Property Appraisals Transfers
To Educational and General Funds To Auxiliary Enterprises Funds To Engineering Experiment Station

$ 7,000.00 $ 197.82 52.00 716.00
3,348.38 2,703.80 2.739.88

$ 7,000.00 197.82 52.00 716.00
3,348.38 2,703.80 2.739.88

TOTAL OTHER EXPENDITURES NOT CAPITALIZED $ 16.757.88 $

16.757.88

TOTAL DEDUCTIONS

$2.960.949.36 $166,499.86 $3.127.449.22

BALANCE, JUNE 30, 1961

$4T624.122.56 $295.585.24 $4.919.707.80

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$35,857,421.77

ADDITIONS

'

Expended from Plant Funds

$ 2,870,479.32

Less: Reclassification of Equipment to Supplies

31,056.45 $ 2,839,422.87

Current Expenditures: Expended from Educational and General Funds Expended from Experiment Station Funds Expended from Southern Technical Inst. Funds Expended from Academic Research Funds

270,690.64 223,676.13
12,649.99 7,246.04

Expended from Restricted Educational and

General Funds

Expended from Auxiliary Funds

Expended from Restricted Funds

_

Less: Reclassification of Outlay to Supplies^

20,436.96 22,255.00
6.987.11 563,941.87
1.972.23

561,969.64

262

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY OF INVESTMENT IN PLANT (CONTINUED)

ADDITIONS (CONTINUED)

Expended by University System Building Authority

$ 2,366,158.26

Equipment - Traded in, Installation Charges, Equipment

made on Campus, Gifts, Surplus Property

160,492.44

Old Equipment Owned - Not Previously Inventoried

17,344.61

Inter - Department Equipment Transfers

54,965.40

Assigned Values $10.00 Each to Temporary Buildings

50.00

Equipment for Previous Year Reclassified from Outlay to Supplies____ (-)349.77

TOTAL ADDITIONS

$ 6.000.053.45

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$41,857,475.22

DEDUCTIONS Equipment Disposed Of Inter - Department Equipment Transfers Land Conveyed Buildings Removed for Other Improvements Other Deductions - Adjustment to Actual Physical Inventory TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 30, 1961

$ 114,837.79 54,965.40 13,607.27 9,270.76
________ 150.00

192.831.22

$41,664,644.00

DEDUCT: Plant Indebtedness Bonds Outstanding Equity of University System Building Authority

$ 1,276,000.00 8,958,932.77 10,234,932.77_

NET INVESTMENT IN PLANT, JUNE 30, 1961

$31.429.711.23

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

>

A. LAND

Campus

$ 2,351,889.97 $ 142.432.91 $ 13,607.27 $ 2,480,715.61

Lawson Apartments

21,503.00

21,503.00

Southern Tech (Marietta)

190,942.11

190,942.11

Y. M. C. A. Farm (Willed)

18,947.80

18,947.80

267 Robin Hood Road, N. E.

1 0 .0 0 0 .0 0 __________________ 1 0 .000.00

TOTAL LAND

$ 2.593.282.88 $ 142.432.91 $ 13.607.27 $ 2.722.108.52

B. BUILDINGS Burge Apartments Classroom Building - University System Building Authority

$ 688,536.19 $

$

1,928,564.56

10,693.00

$ 688,536.19 1,939,257.56

F

263

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED) Y. M. C. A. Building Techwood Dormitory

$ 139,951.30 $ 527,445.14

New Crenshaw Field House Smith Dormitory Brown Dormitory Boiler House (For Greenhouse)

605,913.01 80,991.50 800.00

Locker Rooms (For Brittain Dining Hall)
Howell Dormitory Harris Dormitory Brittain Dining Hall Cloudman Dormitory Harrison Dormitory Towers Dormitory Glenn Dormitory Naval Armory Swimming Pool and Gymnasium Athletic Association Building Chemistry Annex Military Department Group Physics Building Hospital (Infirmary)

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

Power Plant - University System Building Authority
Chemical Engineering Annex

1,252,673.37 4,200.00

Chemical Engineering Building (Chemistry Building Addition)

108,863.61

Chemistry Building (Lyman Hall and Emerson Hall)

130,568.71

A. French Building (Industrial

Engineering - Formerly Textile Building)
Post Office and Storeroom Biology Building (Old Shop)

98,256.71 5,000.00
75,705.79

Biology Building Annex (Old Shop

Annex)

2,000.00

Academic Building (Administration)

100,101.15

Carnegie Building

122,634.97

Knowles Building

98,990.09

Electrical Engineering Building

62,654.93

Swann Building

84,256.01

Aeronautical Engineering (Guggenheim) 116,457.81

Drawing Building (Engineering Dra ;) 201,286.83

Aeronautical Shop and Annex

47,146.50

$ 2,576.96 26,286.48 3,246.81
636.76 140.53 3,723.49 753.01 624.07 916.09 2,169.01 368.61 3,613.17 1,860.77 13,712.67
2,533.12
31,728.93
1,000.00 1,321.01 1,918.20 17,372.78 22,438.04 1,136.90

$ 139,951.30 530,022.10 26,286.48 605,913.01 84,238.31 800.00
2,000.00 155,517.21 138,358.73 158,591.25 120,093.62 172,206.35 478,351.11 603,757.36 118,795.71 266,000.00
73,613.17 69,896.39 30,093.37 228,444.50 38,726.04
1,255,206.49 4,200.00
108,863.61
162,297.64
98,256.71 5,000.00
76,705.79
3,321.01 102,019.35 122,634.97 116,362.87
62,654.93 106,694.05 116,457.81 202,423.73
47,146.50

264

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED) Aeronautical Store

$

1,000.00 $

Textile Building (Hightower)

1,106,865.61

Mechanical Engineering Building

261,442.69

Electronics Laboratory Annex

2,000.00

Mechanical Engineering Annex

(M. E. Research)

31,710.00

Research Area #2

Research Building #18 Storage

Building - Research

34,399.87

Research Building #11 - Naval Research Building

19,946.00

Research Building #17 - Butler-

Type Building (Formerly

Utilities Engineer) Research Building #3* Research Building #4*

23,124.67 10.00 10.00

Research Building #8* Research Building #9* Research Building #15* Research Building #16* Research Building #10*

10.00 10.00 10.00 10.00 10.00

Research Building #1 Hinman Research Building Calculator Building

99,139.49 352,432.69 130,657.78

Rich Electronics Computer Center -

University System Building Authority
Research Building #2 (709 Cherry St.)

174,733.22 1,800.00

Research Building #5 (719 Cherry St.)

1,804.17

Research Building #6 (713 Cherry St.) Research Building #7 Civil Engineering Building Ceramics Building Rifle Range Pumping Station Rose Bowl Field Storage Room

2,211.43 7,010.00 177,880.54 54,054.82 3,000.00 1,000.00 1,500.00

Radioisotopes and Bioengineering Laboratory Building

437,941.58

Garage, Warehouse and Storage Shed

Group Boiler House - Dining Hall Greenhouse Group Callaway Apartments Group

11,417.67 2,045.56 1,000.00
1,336,935.77

Alumni Foundation Residence (President's Home)

102,791.55

*Assigned Values, Research Area II

$ 7,448.12 4,259.89

1 ,000.00 $ 1,114,313.73 265,702.58 2,000.00

3,541.56

35,251.56

34,399.87 19,946.00

4,145.67

23,124.67 10.00 10.00 10.00 10.00 10.00 10.00 10.00
99,139.49
356,578.36
130,657.78

8,329.09 24.92
659.28

174,733.22 1,800.00 1,804.17 2,211.43 7.010.00
186,209.63 54,079.74
3 ,00 0.0 0
1 ,0 0 0 .0 0 1.500.00
437,941.58
11,417.67 2,045.56
1,000.00
1,337,595.05
102,791.55

265

GEORGIA. INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED)

Brittain Dining Hall Addition

$ 56,146.04 $

$

Alexander Memorial Building Bradley Building

3,000,000.00 171,733.46

Girls' Residence Hall - 171 Fifth Street, N. W.
Architecture Building Price Gilbert Memorial Library

8,009.98 1,080,531.81 1,844,037.60

Ceramics Research Building -

Butler Building - Research Area #2, Bldg. 21

7,451.03

395.61

Southern Regional Education Board

Building New Infirmary

210,400.24 369,641.85

48,189.25

Physical Plant Department Shop -

Office - Warehouse

9,031.59

256,387.96

New Electrical Engineering Building 1,130,044.12 1,590,634.56

New Chemical Engineering and

Ceramic Engineering Building

Nuclear Reactor Building Grant Field Lecture Room Building

62,211.84 2 0 ,0 0 0 .0 0

T Club Building

15.000. 00

Field Dormitory

222,695.15

Matheson Dormitory

224.324.62

Perry Dormitory

224.324.63

Hanson Dormitory

204,227.75

Hopkins Dormitory 171 Fourth Street, Rental 114 Fourth Street, N. W.** 179 Fourth Street, Rental Rear, 179 Fourth Street, Garage Apt.

210,745.65
13,803.92 10.00
14,261.39 1 ,000.00

131 Fifth Street, Rental** 719 Brittain Drive, N. W.**

45.00 10.00

1051 (Plum Street) Westshire PI., N. W.** 10.00

855 Plum Street, N. W.**

10.00

360 Tenth Street, N. W.**

10.00

768 Atlantic Drive, N. W.**

10.00

778 Atlantic Drive, N. W.**

10.00

833 Atlantic Drive, N. W.**

10.00

837 Atlantic Drive, N. W.**

10.00

723 Brittain Drive, N. W.**

10.00

267 Robin Hood Road, N. E.

50.000. 00

295 Eighth Street, N. W.**

10.00

885 State Street, N. W.**

10.00

905 Plum Street, N. W.

4,442.28

850 Cherry Street, N. W.

4,587.25

505.30 591,553.85
157,857.83 159,012.89 159,012.88 144,767.18 149,387.41

**0riginal Purchase Cost Included Under Land

$ 56,146.04
3 ,000,000.00
171,733.46
8,009.98 1,080,531.81 1,844,037.60

7,846.64

210,400.24 417,831.10

265,419.55 2,720,678.68

45.00 10.00 10.00 10.00
10.00

505.30
, 653,765.69 20 000.00 15.000. 00 380,552.98 383.337.51 383.337.51 348,994.93 360,133.06
13,803.92 10.00
14,261.39
1, 000.00
10.00 10.00
10.00
10.00 10.00 10.00 50.000. 00 10.00
4,442.28 4,587.25

266

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED)

295 Fifth Street, N. W.**

$

1,000.00 $

$

311 Fifth Street, N. W.

8,125.76

294 Tenth Street (Miss Fay Sanner)

4,500.00

310 Tenth Street, N. W.**

10.00

163 Third Street, N. W.**

10.00

753 Hemphill Avenue, N. W.**

10.00

757 Hemphill Avenue, N. W.**

10.00

301 Tenth Street, N. W.**

10.00

331 Fourth Street, N. W.**

10.00

321 Fifth Street, N. W.

2,279.32

876 Atlantic Drive, N. W.**

10.00

940 Atlantic Drive, N. W. and Vacant

Lot Next Door**

10.00

154 Fourth Street, N. W.**

10.00

337 Fourth Street, N. W.**

10.00

749 Hemphill Avenue, N. W.**

10.00

Research Area #2

Building #1*

10.00

Building #2*

10.00

Building #14*

10.00

Building #5*

10.00

Building #6*

10.00

Building #12*

10.00

Building #7*

10.00

Building #13*

10.00

Building #19*

10.00

889 Atlantic Drive, N. W. Ceramics

Research Building 20

1,500.00

Building 22 (Adjacent to 889

Atlantic Drive)*

10.00

Building 23 (Adjacent to 889 Atlantic

Drive)*

10.00

Building 24 (Adjacent to 889 Atlantic

Drive)*

10.00

Building 25 (Adjacent to 889 Atlantic

Drive)

10,744.35

Lawson Apartments Group

400,163.00

Southern Technical Institute

(Marietta)

168,843.92 1,372,443.85

Willeo Farm - Three Room House

4,500.00

Willeo Farm - House

1,500.00

Willeo Farm - House

1,500.00

Willeo Farm - House

1,500.00

Willeo Farm - Three Room House

2,250.00

<? 8,125.76
10.00 10.00 10.00

1,000.00
4,500.00 10.00 10.00
10.00
2,279.32 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

1,500.00

10.00

10.00

10.00

10,744.35 400,163.00

1,500.00 1,500.00 1,500.00 2,250.00

1,541,287.77 4,500.00

*Assigned Values, Research Area II **Original Purchase Cost Included Under Land

267

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 Barn Willeo Farm Outhouse Willeo Farm - Pavilion Willeo Farm - Lodge TOTAL BUILDINGS

$

900.00 $

$

$

900.00

150.00

150.00

(-)4,050.00

4,050.00

(-)2.700.00

2,700.00

$23.255.014.15 $4.811.656.83 $ 9,270.76 $28,057.400.22

C. IMPROVEMENTS OTHER THAN BUILDINGS

Electrical System Fences

$ 305,463.10 $ 53,412.78 $

12,785.11

1,186.43

Gas Lines

1,726.32

Gates

16,679.80

Grant Field Stadium

947,295.03

17,933.26

Landscaping

31,549.44

32,162.06

Rose Bowl Stands

70,000.00

Sidewalks, Streets, Driveways,

Gradings and Parking Areas

371,488.26

30,408.75

Steam Distribution System

368,851.71

Steps, Walls and Racks

25,577.20

5,392.88

Tennis Courts

46,428.45

Water System

115.000.00

TOTAL IMPROVEMENTS OTHER THAN

BUILDINGS

$ 2.312.844.42 $ 140,496.16 $

$ 358,875.88 13,971.54 1,726.32 16,679.80
965,228.29 63,711.50 70,000.00
401,897.01 368,851.71
30,970.08 46,428.45 115.000.00
$ 2.453.340.58

EQUIPMENT Aeronautical Engineering Air Force ROTC Alexander Memorial Department Alumni Association Applied Biology Architecture Army ROTC 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 Development Office

$ 420,029.60 $ 23,074.84 $

463.00 $ 442,641.44

4,896.45

435.50

5,331.95

1,407.05

1,692.97

150.00

2,950.02

40.00

50.00

90.00

27,358.35

4,030.10

750.00

30,638.45

73,496.81

6,765.29

277.00

79,985.10

13,569.80

407.56

20.00

13,957.36

72,350.24

459.00

92.95

72,716.29

84,783.95

6,871.35

958.55

90,696.75

79,532.41

5,379.61

1,600.00

83,312.02

224,930.12

18,799.42

1,085.00

242,644.54

337,285.11

24,569.22

2,774.00

359,080.33

210,903.36

31,663.00

3,244.70

239,321.66

114,666.83

11,197.89 13,730.52

112,134.20

86,055.16

17,798.62

9,227.80

94,625.98

4,616.54

4,616.54

7,485.54

1,855.36

25.00

9,315.90

4,040.36

2,558.85

385.43

6,213.78

2,747.00

41.08

659.00

2,129.08

13,509.01

2,963.86

78.00

16,394.87

1,946.34

1,946.34

268

(m
Ii $
^* ii
/ rA
4 .a i)**
4 >
% it
t j JQl H* *
y 9

((f
\) ff
IN

m #> pi
AK i4 $
\ i,
ii ) ,i ( 0
. i>
> A
,4 $
4 A * Jfit'#`
*
1A 4
^Sf 1 (til f .if
\

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

D. EQUIPMENT (CONTINUED)

Drama Tech Electrical Engineering

$

1,109.51 $ (-)1,109.51 $

241,622.05

8,257.15

$

12.00

249,867.20

Engr. Drawing and Mechanics

78,290.26

2,680.84

168.00

80,803.10

Engr. Experiment Station

1,457,791.89 327,522.39

9,853.38 1,775,460.90

Engr. Extension Division

Administrative

748.53

2,051.52

2,800.05

Evening School

14,653.32

2,541.54

2,137.30

15,057.56

Industrial Education

22,283.08

3,401.77

107.40

25,577.45

Short Courses and Conferences

15,160.30

2,378.22

412.80

17,125.72

English

25,611.25

3,869.94

6,459.89

23,021.30

Graduate Division

5,773.11

64.36

5,837.47

Hospital - Joseph Whitehead Mem. Inf 39,589.22

35,140.87

12,683.43

62,046.66

Housing

Office and Parking

4,295.18

397.56

360.00

4,332.74

Brown Dormitory

24,225.76

235.00

174.00

24,286.76

Burge Apartments

39,220.45

1,327.00

1,222.00

39,325.45

Callaway Apartments

126,136.00

2,614.85

1,672.00

127,078.85

Cloudman Dormitory

23,462.67

7,731.08

4,487.34

26,706.41

Field Dormitory

4,476.90

4,476.90

Girls' Dormitory

3,764.69

1,213.34

1,204.80

3,773.23

Glenn Dormitory

68,821.92

1,445.12

9,724.00

60,543.04

Hanson Dormitory

3,088.40

3,088.40

Harris Dormitory

30,632.55

13,692.08 17,388.91

26,935.72

Harrison Dormitory

24,648.24

1,719.82

1,025.00

25,343.06

Hopkins Dormitory

3,264.88

3,264.88

Howell Dormitory

20,491.78

6,626.37

3,985.19

23,132.96

Lawson Apartments

37,593.05

2,324.60

2,648.00

37,269.65

Matheson Dormitory

7,917.94

7,917.94

Perry Dormitory

3,044.28

3,044.28

Smith Dormitory

58,002.87

2,620.85

1,114.00

59,509.72

Techwood Dormitory

76,610.07

903.00

77,513.07

Towers Dormitory

54,568.60

16,270.39

5,452.49

65,386.50

Industrial Engineering

80,447.46

11,023.72

6,653.50

84,817.68

Industrial Management

31,377.80

10,760.70

8,599.30

33,539.20

Mathematics

18,856.72

1,692.00

2,633.25

17,915.47

Mechanical Engineering

416,562.52

45,126.48 11,806.58

449,882.42

Modern Languages

10,953.75

1,184.21

1,221.50

10,916.46

Music

16,708.53

1,053.52

17,762.05

Naval Science

9,041.30

775.00

9,816.30

Physical Plant

164,393.72

61,457.17

1,508.10

224,342.79

Physics

330,771.15

13,718.11

1,669.50

342,819.76

President's House

43,391.07

2,810.78

1,535.60

44,666.25

President's Office

8,044.63

1,476.20

9,520.83

Price Gilbert Memorial Library 1,170,036.74

96,390.20 10,974.29 1,255,452.65

Psychology

35,406.42

1,327.82

500.90

36,233.34

269

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

D. EQUIPMENT (CONTINUED)

Housing (Continued) Public Relations Registrar's Office Social Science Textile Engineering Y. M. C. A.

$ 10,962.97 $ 1,444.32 $

353.30 $ 12,053.99

23,372.47

2,311.09

570.00

25,113.56

17,165.77

674.47

1,249.23

16,591.01

421,502.93 (-)5,222.84

250.00

416,030.09

14,315.88

231.31

14,084.57

Southern Technical Institute Building Construction Business Office Chemistry and Physics Civil Technology Co-op Dining Hall Director's Office Dormitories Drawing Elect., Electronics and Comm. 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

6, 886. 31 3, 066. 00 22, 834. 80
38, 139. 33
m 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

309.90 200.00 1,190.43 3,700.00
90.00 806.18 129.00 200.00 3,376.28 352.10 1,666.86 1,630.64 1,650.69 3,467.66
4,759.31 324.50
3,208.10
130.54

195.50
92.95 10.00 1,065.00 125.00 (-)95.00 25.00 657.00
175.00 133.50

7,196.21 3,266.00 23,829.73 41,839.33 1,182.13 18,314.08 2,609.68 28,564.40 5,367.53 82,934.44 2,623.21 6,563.15 9,675.73 19,668.44 9,068.07 1,573.68 90,966.33 1,452.35 35,036.64 4,678.70
754.89

Lversity System Building Authority

Architecture

25, 982,.83

Engineering Experiment Station

4, 423,.72

English

17,,550,.15

Industrial Management

18,,228 .19

Mathematics

28,,155,.88

Price Gilbert Memorial Library 124,,374 .22

Psychology

3i,086 .98

TOTAL EQUIPMENT

$ 7.696.280.32 1

25,982.83 4,423.72
17,550.15 18,228.19 28,155.88 124,374.22
3.086.98 905.467.55 $ 169.953.19 $ 8.431.794.68

TOTAL INVESTMENT IN PLANT

$35.857.421.77 $6.000.053.45 $ 192.831.22 $41.664.644.00

270

GEORGIA INSTITUTE OF TECHNOLOGY
PROPERTY UNDER LEASE For Year Ended June 30, 1961
PEACHTREE-DEKALB AIRPORT (FORMERLY NAVAL BASE) Building #8 Building #9 Building #1QA Building #11 Building #12 Building #13 Building #17-47 Building #19 Building #20 Building #23 (Auditorium) Building #24 Building #25 Building #27 Building #41 Gymnasium
TOTAL BUILDINGS UNDER LEASE

$ 150,000.00 198,000.00 33,900.00 79,800.00 79,800.00 79,800.00 121,100.00 171,000.00 171,000.00 176,376.00 135,500.00 135,000.00 135,000.00 150,000.00 100.000.00
$1.916.276.00

271

Georgia State College of Business Administration
FINANCIAL REPORT
For the Year Ended June 30, 1961

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION Atlanta, Georgia

Noah Langdale, Jr.
Pre$itlent

v. V. Lavroff
Comptroller

273

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
BALANCE SHEET June 30, 1961
ASSETS

CURRENT FUNDS A. GENERAL
Cash in Bank Accounts Receivable Investments
U. S. Government Bonds Time Deposits Advance Deposit - Supt. of Documents TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS

C. AUXILIARY Cash in Bank Investments U. S. Government Bonds Time Deposits Accounts Receivable Stores Inventory TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

PLANT FUNDS A. UNEXPENDED
Cash in Bank U. S. Government Bonds

$ 3,973.62 1,971.02

$100,000.00 475.000.00

575,000.00

165.95 $ 581,110.59

$ 32,820.39 527.08

33,347.47

$ 38,800.08

$175,000.00 105.000.00

280,000.00 11.40
39.366.08

358.177.56 $ 972,635.62

63,897.14

$ 220,512.27 150,000.00

TOTAL UNEXPENDED

$ 370,512.27

274

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
BALANCE SHEET June 30, 1961
LIABILITIES

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

$ 8,451.32 6,763.29
84,309.00 481,586.98

TOTAL GENERAL FUNDS
B. RESTRICTED Fund Balance
TOTAL RESTRICTED FUNDS
C. AUXILIARY Accounts Payable Reserve for Stores Surplus

$ 581,110.59

$ 33,347.47

33,347.47

$ 4,503.68 39,366.08
314,307.80

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III.

PLANT FUNDS A. UNEXPENDED
Accounts Payable Purchase Orders Outstanding Contracts Negotiated and to be
Negotiated Reserve for Purchase of Gilmer
Street Building Fund Balance
TOTAL UNEXPENDED

358.177.56 $ 972,635.62
63,897.14
$ 9,625.09 9,507.68
199,714.21 150,000.00
1.665.29 " $ 370,512.27

275

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1961

III.

PLANT FUNDS (CONTINUED) B. EXPENDED
Land and Improvements Buildings Equipment
TOTAL EXPENDED

TOTAL PLANT FUNDS

TOTAL ASSETS

$ 846,520.12 2,701,169.98 1.416.862.37 $4*964,552.47
$$,33$,064. 74
$6.371.597.50

276

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION

BALANCE SHEET
June 30, 1961

LIABILITIES (CONTINUED)

ill* PLANT FUNDS (CONTINUED) B. EXTENDED Equity of University System Building Authority
Investment in Plant
TOTAL EXPENDED

$ 972,806.35 3.991.746.12 $4.964.552.47

TOTAL PLANT FUNDS

$5.335.064.74

TOTAL LIABILITIES

$6.371.597.50

277

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted Income

Total

I. EDUCATIONAL AND GENERAL A. STUDENT FEES Non-Resident Tuition Matriculation Private Music Lessons Summer Session Other Student Fees TOTAL STUDENT FEES

12,033.00 392,083.79
6,606.00 77,880.87
$ 495.864.30 $

12,033.00 392,083.79
6,606.00 77,880.87
$ 495.864.30

B. PUBLIC APPROPRIATION State of Georgia

$1,889,000.00 _____

$1,889,000.00

C. GIFTS AND GRANTS

INSURANCE AND REAL ESTATE

Adair Realty & Loan Company $

100.00 $

100.00

Massell Foundation

3,500.00

3,500.00

Atlanta Chapter No. 21 AIREA

1,000.00

1,000.00

Atlanta Real Estate Board

1,000.00

1,000.00

Healey Realty Company

100.00

100.00

Southeastern Actuarial School

Fund

13,000.00

13,000.00

Retail Credit Company

1,000.00

1,000.00

Southern Casualty & Surety

Company

250.00

250.00

Southeastern Underwriters

Association

2,000.00

2,000.00

Tri-City Life Underwriters

W

Association

100.00

100.00

Liberty National Life

Insurance Company

500.00

500.00

Atlanta Claims Association

100.00

100.00

Life Insurance Company of

Georgia

3,000.00

3,000.00

Educational Foundation, Inc.

3,200.00

3,200.00

MARKETING Atlanta Sales Executive Club

2,000.00

2,000.00

RESEARCH Treasurer of U. S. - Transmission of Saurian Malaria State Highway Dept, of Georgia Georgia By-Pass Study

36.51

3,790.40 703.41

3,900.00 739.92

278

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total

I. EDUCATIONAL AND GENERAL (CONT.) C. GIFTS AND GRANTS (CONT.) RESEARCH (CONT.) Public Utility Benefit Study $ Southern Association of Science and Industry Southeast River Basins SRB-14 Business Growth of Atlanta Southeast River Basins SRB-26 Georgia Ports Authority Georgia Labor Performance Study

1,140.91 $ 7,606.07 $

890.16 1,052.67
211.21 390.25
73.97

3,880.38 7,017.81 1,238.79 2,637.07
367.53

101.76

678.38

8,746.98
4,770.54 8,070.48 1,450.00 3,027.32
441.50
780.14

MATH-SCIENCE FUND Charles Loridans Foundation, Inc. National Linen Service, Inc. Orkin Exterminating Company H. S. Jacobs Southern Bell Telephone and Telegraph Company The Great A. & P. Tea Company Colonial Stores Foundation Beck & Gregg Hardware Company Carlyle Fraser Thomas F. Seitzinger's Sons Georgia Consumer Finance Association White Provision Company Ivan Allen Foundation Sigmund Montag Foundation Atlanta Gas Light Company The Aaron E. Norman Fund, Inc W. R. C. Smith Publishing Company Cohen and Kohler Hal W. Greer

400.00 200.00 400.00 100.00
1,400.00 100.00 400.00 150.00 400.00 300.00
500.00 100.00 400.00 100.00 100.00 100.00
200.00 200.00
20.00

400.00 200.00 400.00 100.00
1,400.00 100.00 400.00 150.00 400.00 300.00i
500.00 100.00 400.00 100.00 100.00 100.00
200.00 200.00
20.00

OTHER GIFTS AND GRANTS Ivan Allen Foundation TOTAL GIFTS AND GRANTS
OTHER SOURCES Interest on Investments Library Fines

250.00

25000

$ 4.007.04 $64.589.84 $ 68.596.88

$ 26,978.57 $ 3,455.71

$ 26,978.57 3,455.71

279

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted _ Income

Total

EDUCATIONAL AND GENERAL (CONT.) D. OTHER SOURCES (CONT.)
Rents Compensation for Veterans
Certification Institutes Other Miscellaneous Sources
TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INC0ME

$

480.00 $

4,781.00 2,120.00
793.07 L. 38.608.35 $-

$

480.00

4,781.00 2^120.00
793.07 $ 38.608.35

$2,427.479.69 $64.589.84 $2.492.069.53

NON-INCOME

Transfer from Auxiliary Funds $

General Electric Foundation

for Alumni Association

TOTAL NON-INCOME



20,000.00 $

$ 20,000.00

10.00

_____________ 1Q.0

20. 010,00 $___________ $ 20. 010.00

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$2.447.489.69 $64.589.84 $2.512.079.53

II. AUXILIARY ENTERPRISES BOOKSTORE Operations Interest on Investments

$ 79,290.05 $ 5,051.45

$ 79,290.05 5,051.45

OFFICE BUILDING Rentals Interest on Investments

61,356.94 4,912.37

61,356.94 4,912.37

REFECTORY Operations

17.786.90

17.786.90

TOTAL AUXILIARY INCOME

1 168.397.71 $

$ 168.397.71

NON-INCOME Bookstore Employee Insurance Deductions

L.

144.23 $

$

144.23

TOTAL AUXILIARY RECEIPTS
STUDENT AID GIFTS AND GRANTS

,168.541.94 $

$ 168.541.94

$11.456.47 $ 11.456.47

TOTAL CURRENT INCOME

$2.595.877.40 $76.046.31 $2.671.923.71

280

*4

4> -2- *
a '4 vi 'f f M
4*
t p$
V

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Object Classification_______

Salaries Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Business Office Registrar Admissions TOTAL ADMINISTRATION

$ 31,124.63 $ 82,176.43 73,308.81 42.081.53
$ 228.691.40 $

$ 27,379.46 $ 3,501.88 $ 243.29

64,587.30

3,373.33 14,215.80

57,012.81 14,265.51 2,030.49

39.265.32

1.856.77_____ 959.44

$ 188.244.89 $ 22.997.49 $ 17.449.02

GENERAL EXPENSE Public Relations Alumni Office Faculty & Staff Benefits General Institutional TOTAL GENERAL EXPENSE

$ 12,121.67 $ 4,523.84
66,222.64 22.632.82 $ 105.500.97 $

$ 7,848.43 $ 4,273.24 $

3,736.45

384.51

402.88

12,523.74 53,698.90

20.630.08 2.002.74

$ 24.108.62 $ 78.986.73 $ 2.405.62

STUDENT WELFARE Dean of Students Testing and Counseling Placement Bureau TOTAL STUDENT WELFARE
PHYSICAL PLANT
LIBRARY

$ 48,341.18 $ 25,570.73 11.779.12
$ 85.691.03 $
$ 265.912.01 $
$ 191.955.98 $

$ 45,303.73 $ 2,360.45 $ 677.00

22,470.57

2,371.59

728.57

10.386.92

911.43

480.77

$ 78.161.22 $ 5.643.47 $ 1.886.34

$ 168.275.38 $ 94.807.09 $ 2.829.54

500.00 $ 113.791.56 $ 6.480.21 $ 72.184.21

INSTRUCTION Administrative Dean Dean of Arts & Sciences Art Biology Chemistry Education English Geography & Geology History Journalism Mathematics Modern Language Music Philosophy Physical Education Physics Political Science

$ 10,994.62 $

$ 9,537.36 $ 1,040.86 $ 416.40

34,251.55

26,729.25 7,115.64

406.66

29,054.17

25,649.85

1,830.49

1,573.83

79,206.16 1,200.00

67,423.02 7,303.86 5,679.28

33,608.11 1,066.67

28,844.94

3,974.02

1,855.82

31,051.14

500.00

30,906.37

584.77

60.00

76,534.77

600.00

76,001.15

899.52

234.10

20,739.01

400.00

15,649.81

975.96 4,513.24

57,007.51

700.00

56,913.66

507.43

286.42

8,569.22

8,518.57

50.65

69,113.02

900.00

69,591.38

291.64

130.00

34,176.28

200.00

33,189.69

837.79

348.80

41,687.89

39,030.54 2,085.63

571.72

19,563.93

19,149.87

193.26

220.80

16,183.41

12,364.67 3,769.06

49.68

19,419.35

13,899.96

388.58 5,130.81

38,088.60

500.00

38,125.35

431.85

31.40

281

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification .General Restricted

Object Classification

Salaries Operating

and

Supplies

Waees

& Exoense EauiDment

EDUCATIONAL AND GENERAL (CONT.)

INSTRUCTION (CONT.)

Psychology R. 0. T. C. Sociology Speech & Drama Dean of Business Admin. Accounting Business Education Economics, Finance, &

$ 35,861.96 $ 200.00 $ 33,946.86 $ 571.67 $ 1,543.43

970.26

600.00

366.01

4.25

25,620.06

200.00

25,215.76

287.98

316.32

14,170.10

13,772.34

392.00

5.76

59,751.54

53,688.72 5,393.46

669.36

65,368.46

62,659.10

1,631.27

1,078.09

35,043.93

31,157.76

2,496.52

1,389.65

Statistics Guidance Insurance, Real Estate,

72,894.57 22,640.64

70,650.12 21,025.27

1,442.57 802.36

801.88 813.01

& Law Management Marketing Transportation & Public

80,080.08 27,775.00 53,529.77 28,683.59 2,115.50

103,241.29 51,481.69 29,066.32

3,883.95 1,051.68
992.85

729.84 996.40 739.92

Utilities Summer School
TOTAL INSTRUCTION

14,621.04

13,513.08

624.03

483.93

140.255.00

140.255.00

$1,268,739.74 $36.357.17 $1.221.798.75 $ 52.217.36 $ 31.080.80

RESEARCH

Bureau of Business &

Economic Research

$ 61,183.74 $

$

Computer Center

33,497.29

Transmission of Saurian

Malaria Georgia By-Pass Study Linquatulid Infestation in

561.94 288.41

Native Mammals & Reptiles Public Utility Benefit Study Southern Association of

424.08 4,755.14

Science & Industry

4,336.07

Southeast River Basins SRB-14

7,017.81

Business Growth of Atlanta

1,238.79

Southeast River Basins SRB-26

3,131.15

Georgia Ports Authority

367.53

Georgia Labor Performance Study

678.38

TOTAL RESEARCH

94.681.03 $22.799.30 $

48,356.97 $ 12,821.42 $

5.35

13,799.88 18,271.02

1,426.39

561.94 288.41

2,795.45

424.08 1,959.69

2,644.00 1,692.07

6,554.55

463.26

1,238.79

2,705.46

425.69

348.03

19.50

283.38

395.00

78.726.51 $ 37.322.08 $

1.431.74

EXTENSION AND PUBLIC SERVICE

Institutes

$

Community Education

TOTAL EXTENSION AND

PUBLIC SERVICE

12,416.27 $ 478.92
12.895.19

$ 10,314.84 $ 1,767.66 $

459.84

19.08

10.774.68 $ 1.786.74 $

333.77 333.77

282

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GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________________________________ Object Classification________

Salaries Operating

Fund Classification

and

Supplies

General Restricted-

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

TOTAL EDUCATIONAL AND GENERAL

EXPENDITURES

$2.254.067.35 $59.656.47 $1.883,881.61 $300,241.17 $129,601.04

NON-EXPENSE

Transfer to Plant Funds $ 194,750.00

Advance Deposit - Supt. of

Documents

1.70

Alumni Assn. - Gift of General

Electric Foundation
TOTAL NON-EXPENSE

________ 10.00
$ 194.761.70

TOTAL EDUCATIONAL AND GENERAL

DISBURSEMENTS

$2.448.829.05 $59,656.47

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 72.519.49 $

$ 10.339.03 $ 61.445.46 $ 735.00

OFFICE BUILDING

$ 16.289.36 $

$ 3.801.45 $ 12.487.91 $

REFECTORY

$ 14.511.16 $ ___ _ 1.509.19 $ 13.001.97 $

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$ 103.320.01 $

$ 15.649.67 $ 86.935.34 $ 735.00

NON-EXPENSE

Office Building

Transfer to Plant Funds $

Transfer of Rents to

Educational & General

TOTAL NON-EXPENSE

$

24.000. 00
20.000. 00 44.000.00

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 147.320.01

C. STUDENT AID SCHOLARSHIPS

884.14 $

$ 9.884.14 $

TOTAL CURRENT EXPENDITURES

$2.357.387.36 $69.540.61 $1.899.531.28 $397.060.65 $130.336.04

283

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Yef Ended June 30, 1961

Balanc

Receipts Disbursements

Balance

Julv 1. 1960 .For Year

For Year

June 30. 1961

FUND

A. EDUCATIONAL AND GENERAL

Insurance & Real Estate $ 1,025.00 $28,850.00 $

Marketing

115.50

2,000,00

Math-Science Fund

19,325.00 5,570.00

Research Projects

Transmission of Saurian

Malaria

631.90

Georgia By-Pass Study (->448,00

Linquatulid Infestation

3,790.40 703.41

in Native Mammals &

Reptiles Public Utility Benefit

424.08

Study

(->2,850.93

Southern Association of

7,606.07

Science & Industry Southeast River Basins

900.80

3,880,38

SRB-14 Business Growth of Atlanta Southeast River Basins

7,017.81 1,238.79

SRB-26 Georgia Ports Authority Georgia Labor Performance
Study Banking Finance Fund

500.00

2,637.07 367,53
678.38

Library Fund

500,00

Georgia Association of Broadcasters

(Ivan Allen Foundation)

250.00

27,775.00 $ 2,115*50 6,466.67

2,100.00 18,428.33

561.94 288,41

3,860.36 (->33.00

424.08 4,755.14 4,336,07 7,017.81 1,238.79 3,131.15
367.53 678.38 500.00

445.11
(->494.08 500.00 250.00

TOTAL EDUCATIONAL AND GENERAL

$ 20,123.35 $64,589.84 $ 59.656.47 $ 25.056.72

B. STUDENT AID

Anchor Rome Mills

Foundation, Inc.

$

Acworth, Ga., P. T. A.

General Henry H. Arnold

Educational Fund

Atlanta Federal Savings

& Loan Association

Art Festival of Atlanta

Atlanta Service Warehouses

Atlanta Woman's Panhellenic

Association

$ 750.00 $ 14.99

575.00

756.97 50.00
230.60

600.00

148.20

750.00 $ 575.00 531.74
130.00

14.99
825.23 50.00
230.60 18.20

284

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GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance

Receipts Disbursements

Balance

Julv 1. 19_60_ For Year

For Year

June 30. 1961

STUDENT AID (CONT.)

Ed. Barwick Foundation,

Ipc.

$

5QQ.00 $

$

Beta Educational Fund

104.00

Biology Department

Scholarship

55.00

Board of Christian

Education

200.00

Cartersville, Ga., Jaycees

100.00

Civitan Club of Atlanta

1.85

Decatur Business & Pro

fessional Woman's Club

200.00

Delta Kappa Gamma

?1

First Presbyterian Club,

Atlanta

24.00

Friendship Class, Peachtree

Road Methodist Church

4.00

Ga. Dept. Education - Ga.

Yolunteer Teacher

Scholarship Plan

196.00 1,222.0Q

Glenwood Jaycees, Inc.

200.Q0

Inter-City Civitan Club

of Atlanta

6.00

Jaycee-Janes, El Reno,

Oklahoma

10.50

Jonesboro, Ga., Woman's

Club

21.00

Junior Woman's Club of

Norfold

500.00

Knights Templar Education

Foundation

1,150.00

Lithonia Lighting Products

Company

68.00

200.00

Lockheed Management Club of

Georgia

700.00

Marvin McDonald Scholarship

Fund

240.00

360.00

Milledgeville, Ga., Jaycees

82.40

Miss Georgia Pageant - 1960

200.00

Horace A. Moses Foundation, Inc.

100.00

National Beta Club

113.64

National Office Management

Association

121.53

78.47

National Secretaries Assn.

Atlanta Chapter

413.50

500.00 $ 104,00
200.00 100,00
1,214.80 140.99
500.00 1,148.40
111.00 255,66
82.40 08.00 44.00 111.89 156.00

55,00
1,85
200,00 71
24.00 4.00
203.20 59,01 6.00 10.50 21.00
1.60 157.00 444.34 600.00 112.00
56.00 113.64
88.11 257.50

285

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance

Receipts Disbursements

Balance

lulv 1. 1960 For Year

For Year

June 30. 1961

B. STUDENT AID (CONT.)

Frank H. Neeley

$

52.00 $

$

Northwest Atlanta

Civitan Club

218.45

300.00

Order of Eastern Star

1.87

250.00

Franklin Overstreet & Co.

.75

Pilot Freight Carrier, Inc.

161.41

450.00

Phi Chi Theta Fraternity

150.00

150.00

Roosevelt High School

P. T. A.

6.50

Rotary Club of Buckhead Rymer Foundation

201.00

237.00 300.00

Sears Roebuck & Co. J. H. Smith Award

1 ,334.29 192.62

200.00

George M. Sparks

Scholarship Fund

300.00

Sylvester, Ga. High School

Beta Club

50.00

125.00

Transfer from Georgia Institute

of Technology

1.50

Transportation Club of Atlanta 45.00

Victory Motors

353.10

W. A. T. L.

58.50

Willingham Lumber Co.,

R. F. Willingham

45.00

600.00

Winn-Dixie Stores

Foundation

250.00

Yaarab Temple

1,000.00

Florence Noyes Scholarship

Fund

121.00

Dougald Hudson Military

Fund

194.46

52.00 $ 403.97 107.32 250.00 136.00
47.00 300.00 186.16
198.00 125.00
645.00 250.00 339.81
100.00

114.48 144.55
.75 361.41 164.00
6.50 391.00
1 ,348.13 192.62
102.00
50.00
1.50 45.00 353.10 58.50
660.19
121.00
94.46

TOTAL STUDENT AID

_JL,191.34 $11.456.47 $ 9.884.14 $ 7,.763.67

TOTAL RESTRICTED FUNDS

$ 26,,314.69 $76.046.31 $ 69.540.61 $ 32,.820.39

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GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance July 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year June 30. 1961

CURRENT FUNDS

General Restricted

$ 580,312.98 $2,447,489.69 $2,448,829.05 $ 578,973.62a

26,314.69

76,046.31

69,540.61

32,820.39

Auxiliary

297.578.15

168.541.94 147.320.01 318.800.08b

TOTAL CURRENT FUNDS

AGENCY FUNDS
PLANT FUNDS
TOTALS
aIncludes Includes
"Includes Includes
c Includes

$ 226.587.10 $ 248.750.00 $ 104.824.83 $ 370.512.27c
$1-185-707.50 S3.385.973.58 $3.206.677.58 $1.365.003.50
Bonds in the amount of $100,000.00 the amount of $475,000.00
Bonds in the amount of $175,000.00 the amount of $105,000.00
Bonds in the amount of $150,000.00

BANK BALANCES

FULTON NATIONAL BANK, ATLANTA, GEORGIA Operating Account Office Building Account Student Promotion Scholarship Fund Institute Meals Banking Finance Fund Georgia State College Foundation Loan Fund Hudson Military Scholarship Fund Alumni Reception Fund AACSB Function Fund Georgia State College Athletic Scholarship Fund
CITIZENS AND SOUTHERN NATIONAL BANK, ATLANTA, GEORGIA Bookstore Refectory
TRUST COMPANY OF GEORGIA Math-Science Fund

$230,614.,28 12,127.,16 60,877.,38 121.,00 530.,07 500..00 2,182..67 94..46 11..85 60..17 235..00

$307 j,354.,04

$ 18,176,.34 8.496,.58

26.,672.,92

18.,428..33

287

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION BANK BALANCES (CONTINUED)
BANK OF GEORGIA, ATLANTA, GEORGIA Scholarship Accounts
TOTAL BALANCES, JUNE 30, 1961
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

$ 7.548.21 $360.003.50

Cash Balance July 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

Student Credit Union

$

673.98 $

$

673.98 $

Student Promotion

51,343.21 59,036.01

49,501.84

R. 0. T. C. Commutation in

lieu of Uniform

8,407.71

8,407.71

Institutes Meals

447.47

680.00

597.40

Georgia State College

Foundation Loan Fund

2,352.15

3,171.52

3,341.00

Alumni Reception Fund

37.60

25.75

AACSB Function Fund

60.17

Georgia State College Athletic

Association Scholarship Fund

235.00

Retirement Collections

74,963.36

74,963.36

Withholding Tax Collections

258,572.21

258,572.21

Social Security

37,259.82

37,259.82

Sales Tax

2.820.01

2.820.01

60,877.38
530.07 2,182.67
11.85 60.17 235.00

TOTAL AGENCY FUNDS

$ 54.914.58 $445.145.64 $ 436.163.08 $ 63.897.14

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Land Acquisition

$ 19,673.98 $209,000.00 $ 64,259.91

$ 164,414.07

Gilmer Street

Property

150,000.00

150,000.00

Improvements

326.08

287.80

38.28

Chemistry, Physics &

Biology Labs

150.00 10,000.00

644.99 500.00

10,005.01

Furniture & Fixtures *

President's Home

1,807.79

633.57

1,174.22

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GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

July 1, 1960 Receints Disbursements Transfers June 30. 1961

Warehouse &Mainte-

nance

$ 29,229.25 $

$

Modern Language Lab

7,400.00

Geography & Geology

Lab

18,000.00

Ramps

4,500.00

Preliminary Plans -

Multi-Purpose

Building

22,250.00

Tennis Courts

2,500.00

$

$

7,378.39

16,891.93 2,740.03 (-)500.00

11,488.21

29,229.25 21.61
1,108.07 1,259.97
10,761.79 2.500.00

TOTALS

$ 226,587.Ip $248,250.00

104.324.83 $_________ 1 370.512.27

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Fulton County Allotment Board of Regents Transferred from Educational and General Transferred from Office Building TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Improvements - 24 Ivy Street Building Land Chemistry, Physics, and Biology Labs Modern Language Lab Geography and Geology Lab Equipment - Psychology Lab Ramps Preliminary Plans - Multi-Purpose Building Furniture and Fixtures - President's Home TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

Funds for Plant
Additions
$226,587.10

$ 25,000.00
4,500.00 194,750.00
24.000.00

248.250.00

$474,837.10

$

22.50

64,259.91

644.99

7,378.39

16,891.93

265.30

2,740.03

11,488.21

633.57

104,324.83

$370.512.27

289

GEORGIA STATE COLLEGE OF BUSINESS ADMINISTRATION
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$4,729,516.60

ADDITIONS Expended from Educational and General Funds Expended from Auxiliary Funds Expended from Plant Funds Expended by University System Building Authority TOTAL ADDITIONS

$ 129,601.04 735.00
104,324.83 _______ 375.00

235.035.87

INVESTMENT IN PLANT, JUNE 30, 1961

$4,964,552.47

DEDUCT: Equity of University System Building Authority

972.806.35

NET INVESTMENT IN PLANT, JUNE 30, 1961

$3.991.746.12

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

LAND Campus Off Campus Piedmont Avenue
Property and Improvements
TOTAL* LAND

1945-55 1945-47
1956

$ 770,836.81 $ 64,259.91 $ 4,923.40
6.500.00 $ 782.260.21 $ 64.259.91 $

$ 835,096.72 4,923.40
6.500.00 $ 846.520.12

BUILDINGS Admin. & Classroom -
24 Ivy Street R. 0. T. C. Office &
Shops Armory DeKalb Extension Gilmer Street
Building 16 Ivy Street
Building President's Home
TOTAL BUILDINGS

1945
1951 1951 1942
1955
1955 1958

$ 598,214.30 $ 4,974.48 $
14,050.70 16,642.72
4,350.00

1 ,948,272.29

375.00

41,597.26 73.068.23 $2.696.195.50 $ 5.349.48 $

$ 603,188.78
14,050.70 16,642.72
4,350.00
1,948,647.29
41,597.26 73.068.23 $2.701.544.98

GEORGIA. STATE COLLEGE OF BUSINESS ADMINISTRATION STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Additions

Deductions

Investment End Of Year

C. EQUIPMENT

Gilmer Street Building

(Bldg. Authority)

$ 36,632.79 $

$

Gilmer Street Building Administrative Offices Auditorium Instructional Departments Library Physical Plant Cafeteria

34,524.79 91,803.29 15,407.78 435,835.45 581,155.35 33,071.29 13,115.00

21,740.98
54,049.46 72,184.21
2,829.54

Extension & Public Service

Institutes Research 16 Ivy Street Building

967.31 4,494.23
312.86

333.77 1,431.74

President's Home - Furniture

& Fixtures

2,970.00

633.57

Warehouse & Maintenance

770.75

Preliminary Plans - MultiPurpose Building
Auxiliaries TOTAL EQUIPMENT

11,488.21 735.00
$1.251.060.89 $165.426.48 $

TOTAL INVESTMENT IN PLANT

$4.729.5 16.60 $235.035.87 $

$ 36,632.79 34,524.79
113,544.27 15,407.78
489,884.91 653,339.56
35,900.83 13,115.00
1,301.08 5,925.97
312.86
3,603.57 770.75
11,488.21 735.00
$1.416.487.37
$4.964.552.47

Medical College of Georgia FINANCIAL REPORT
For the Year Ended June 30, 1961

MEDICAL COLLEGE OF GEORGIA Augusta, Georgia

Harry B. O'Rear
President

Thomas N. Dwyer
Comptroller

293

MEDICAL COLLEGE OF GEORGIA 4
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL 1. Instruction Cash on Hand and in Bank

$ 429,353.86

2. Hospital Cash on Hand and in Bank Accounts Receivable Stores

$895,920.15 345,700.25 364.708.88

1.606.329.28

TOTAL GENERAL FUNDS

" $ 2,035,683.14

fi

B. RESTRICTED

Cash on Hand and in Bank Temporary Investments

$ 545,693.55
20,000.00

Accounts Receivable

5.116.07

TOTAL RESTRICTED FUNDS

570,809.62

C. AUXILIARY

>4

Cash on Hand and in Bank

$

9,360.39

Temporary Investments

30,000.00

Stores

36.020.69

TOTAL AUXILIARY FUNDS

75.381.08

TOTAL CURRENT FUNDS

$ 2,681,873.84

II. AGENCY FUNDS Cash on Hand and in Bank Temporary Investments

$ 99,451.05 ______ 5.000.00

TOTAL AGENCY FUNDS

104,451.05

III.

ENDOWMENT FUNDS Cash on Hand and in Bank Investments University System Building Authority Real Estate

$

947.40

$ 16,199.35 14.000.00

30.199.35

TOTAL ENDOWMENT FUNDS

31,146.75

yt 294

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MEDICAL COLLEGE OF GEORGIA
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL 1. Instruction Reserve for Purchase Orders Outstanding $ 8,401.97 Unappropriated Surplus 420.951.89 $

429,353.86

2. Hospital

Reserve for Purchase

Orders Outstanding $ 40,887.21

Reserve for Accounts

Receivable

345,700.25

Reserve for Stores

500,000.00

Unappropriated Surplus 719.741.82

TOTAL GENERAL FUNDS

1.606.329,28 $ 2,035,683.14

B. RESTRICTED Fund Balance

$ 570,809.62

TOTAL RESTRICTED FUNDS
C. AUXILIARY Reserve for Stores Unappropriated Surplus
TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance

570,809.62

$ 36,020.69 39,360.39

75.381.08 $ 2,681,873.84

104,451.05

104,451.05

$ 31,146.75

TOTAL ENDOWMENT FUNDS

31,146.75

295

MEDICAL COLLEGE OF GEORGIA

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1961

IV. STUDENT LOAN FUNDS Cash on Hand and in Bank Student Notes Receivable Investments - U. S. Securities
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Cash in Bank
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$

3,927.11

48,918.46

5.023.56

$ 57,869.13

$ 131,226.94

$ 126,902.38 13,204,834.06 6,705.01 2.608.584.82

15.947.026.27

16.078.253.21

$18.953.593.98

4

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296

LIABILITIES (CONTINUED)
IV. STUDENT LOAN FUNDS Fund Balance

MEDICAL COLLEGE OF GEORGIA BALANCE SHEET June 30, 1961
$ 57,869.13

TOTAL STUDENT LOAN FUNDS

$ 57,869.13

V. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 131,226.94

B. EXPENDED Equity of University System Building Authority Equity of State Hospital Authority Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 727,727.82 6,950,000.00 8.269.298.45

15.947.026.27

16.078.253.21

$18.953.593.98

297

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General .Income

Restricted ,,Income

Total Income

EDUCATIONAL AND GENERAL

I. INSTRUCTION AND RESEARCH

STUDENT FEES

Matriculation - Medical

Students

$

Matriculation - Student Nurses

Matriculation - Reg. Nurses

(Students)

Matriculation - Medical

Illustration

Matriculation - Graduate

Education

TOTAL STUDENT FEES

$

216,895.36 $ 7,660.00
2,520.25
2,369.82
865.00 230.310.43 -$

$ 216,895.36 7,660.00
2,520.25
2,369.82
865.00 $ 230.310.43

MISCELLANEOUS INCOME

Grant Overhead

$

Other Sources

TOTAL MISCELLANEOUS INCOME $

31,016.37 $ 2.426.19
33.442.56 $

$ 31,016.37 2.426.19
$ 33.442.56

PUBLIC APPROPRIATIONS State of Georgia - Medicine State of Georgia - Nursing TOTAL PUBLIC APPROPRIATIONS

$1, 124,000.00 $ 91.000.00
$1.215.000.00 $

$1 ,124,000.00 91.000.00
$1 .215.000.00

ENDOWMENT W. J. Young

_

$ 4.926.97 $ 4.926.97

GIFTS AND GRANTS National Aid for Medical Education Other Gifts and Grants TOTAL GIFTS AND GRANTS

$ 37,333.91 $

$ 37,333.91

787.434.60

787.434.60

$ 37.333.91 $787.434.60 $ 824.768.51

SALES AND SERVICES

Professional Fees

$

Research Services -

Endocr inology

TOTAL SALES AND SERVICES

$ 22,000.00 $ 22,000.00

45.161.13

45.161.13

$ 67.161.13 $ 67,161.13

TOTAL INSTRUCTION AND RESEARCH INCOME

$1,516,086.90 $859,522.70 $2,375,609.60

298

4* tJ

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income

A. EDUCATIONAL AND GENERAL (CONT.)

I. INSTRUCTION AND RESEARCH (CONT.)

TRANSFERS FROM: Restricted Funds Auxiliary Enterprises

$ 185,961.40 $ 1.000.00

$ 185,961.40 1.000.00

TOTAL RECEIPTS FOR INSTRUCTION

AND RESEARCH

$1.703.048.30 $859.522.70 $2.562,571.00

II. HOSPITAL PUBLIC APPROPRIATIONS State of Georgia

$3.500.000.00 $__________ $3.500,000.00

SALES AND SERVICES

Laundry

$ 4,322.57 $

Cafeteria

65,110.42

Rentals

600.00

TOTAL SALES AND SERVICES $ 70.032.99 $

$ 4,322.57 65,110.42 600.00
$ 70.032.99

OTHER SOURCES Patient Fees University Hospital Macon City Hospital Miscellaneous Hospital Overhead TOTAL OTHER SOURCES
TOTAL HOSPITAL INCOME

$ 689,875.32 $ 57,125.00 9,000.00 6,139.70 36.218.49
$ 798.358.51 $
$4,368,391.50 $

$ ______ L

689,875.32 57,125.00 9,000.00 6,139.70 36.218.49
798.358.51

$4,368,391.50

TRANSFER FROM: Auxiliary Enterprises

20.750.00

20.750.00

TOTAL HOSPITAL RECEIPTS

$4.389.141.50 -1______

$4.389.141.50

TOTAL EDUCATIONAL AND GENERAL INCOME $5.884.478.40 $859.522.70 $6.744,001.10

B. AUXILIARY ENTERPRISES Bookstore Snack Bar - Hospital Residences I and II Brace Shop
TOTAL AUXILIARY ENTERPRISES

$ 56, 758.,40 $ 104, 518.,75 59, 194.,51 19, 526.,29
$ 239,,997..95 $

$ 56,758.40 104,518.75 59,194.51 19.526.29
? 239.997.95

TOTAL CURRENT INCOME

$6 ,124,,476,.3? . $859.522.70 16 .983.999.05

299

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Salaries and
Wages

Operating Supplies & Expense

A. EDUCATIONAL AND GENERAL I. INSTRUCTION AND RESEARCH ADMINISTRATION President's Offi< $ Comptroller's Office Personnel Purchasing Registrar Admissions TOTAL ADMINISTRATION $

25,532.22 $ 35,333.78
4,628.26 8,502.82 9,992.98 6.670.12
90.660.18 S

$ 21,536.54 $ 27,337.32 4,474.39 8,216.38 9,300.04 6.496.94

3,826.69 $ 7,808.86
153.87 286.44 492.69 173.18

____

77.361.61 S 12.741.73 $

168.99 187.60
200.25
556.84

GENERAL EXPENSE

Continuing

Education

$

General Institution

Expense

TOTAL GENERAL

EXPENSE

$

18,873.50 $ 128.682.15 147.555.65 S

$ 17,068.77 $ 1,804.73 $

32.515.99

79.925.36 16.240.80

STUDENT WELFARE LIBRARY

$ 5.472.92 $

$ 5.420.75 $

$ 44.044.29 $ 2.000.00 $ 16.828.11 $ 10.657.16 $ 18.559.02

PLANT OPERATIONS AND MAINTENANCE
INSTRUCTION Dean of Faculties Gross Anatomy Micro-Anatomy Anesthesiology Biochemistry Endocrinology Medical Illustration Medical Microbiology Medicine Ob. and Gynecology Pathology Pediatrics Pharmacology

81.052.49 i _____
12,923.20 $ 37,486.78 33,700.14 33,749.07 105,598.99 19,142.42 31,318.23 60,819.74 94,952.84 48,055.24 137,360.44 40,387.65 55,589.34

$ 39.551.89 $ 41.361.35 $ 139.25

$ 11,614.87 $ 31,175.17 31,620.16 32,152.17 81,695.20 17,535.88 28,598.80 53,788.97 85,946.73 41,651.19
117,963.07 30,581.13 36,189.40

1,260.83 $

47.50

3,979.02

2,332.59

1,084.98

995.00

1,596.90

9,174.42 14,729.37

1,045.08

561.46

577.60 2,141.83

4,410.24 2,620.53

3,745.48 5,260.63

4,329.05

2,075.00

9,649.49 3,090.56

9,747.88 6,715.96

3,281.61 16,118.33

300

A\fit
I VL
1 ) jJ v
)
\f>w1* i> *#'
y Vf
IP
w 1* BJ L

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

__________________________ Object Classification________

Salaries

Operating

Fund Classification

and

Supplies

General Restricted

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

I. INSTRUCTION AND

RESEARCH (CONT.)

INSTRUCTION (CONT.) Physical Medicine $

6,580.55 $

Physiology

54,163.67

Psychiatry and

Neurology E. E. G. Radiology Respiratory Center Social Service Surgery Nursing Education Out-Patient Service

36,845.59 3,519.12
34,715.51 3,801.18 1,575.28
180,779.36 95,773.70 25.420.00

TOTAL INSTRUCTION

$1.154.258.04 $

$ 6,500.40 $ 47,020.61

80.15 $ 2,322.80 4,820.26

35,082.81 3,519.12
29,715.17 3,000.85 1,575.28
156,022.12 84,971.72 25.420.00

1,762.78
1,961.42 800.33
17,224.89 10,195.64

3,038.92
7,532.35 606.34

$ 993.340.82 $ 81.573.27 $ 79.343.95

RESEARCH

$774.347,.31 $ 409.336.67 $ 218.723.40 $146.287.24

TOTAL INSTRUCTION AND RESEARCH EXPENDITURES $1,523,043.57 6776.347.31 $1.591.424.61 $ 446,839.17 $261.127.10

TRANSFER TO: General Funds

______________ 185.961.40

TOTAL INSTRUCTION AND RESEARCH DISBURSEMENTS $1.523.043.57 $962,308.71

II. HOSPITAL ADMINISTRATION AND

GENERAL

Administration

$

Comptroller's Office

Personnel

Purchasing

55,630.72 $ 53,534.53
9,927 .53 35,317.20 42.681.41

TOTAL ADMINISTRATION

AND GENERAL

$ 197.091.39 $

GEN. INST. EXPENSE

$ 277.052.56 $

EMPLOYEE WELFARE

2.540.13 $

$ 54,160.51 $ 1,470.21 $

41,553.10

11,981.43

9,457.92

469.61

34,230.87

1,086.33

40.101.31

2.580.10

$ 179.503.71 $ 17.587.68 $

$. 21.736.36 $ 185.049.54 $ 70.266.66

$ 2.540.13 $

$________

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Obiect Classification

Salaries

Operating

and

Supplies

-- flagea--------SJSxnense Eauioment

EDUCATIONAL AND GENERAL (CONT.)

II. HOSPITAL (CONT.)

PLANT OPERATIONS AND

MAINTENANCE

298,070.68 $

$ 80.370.91 $ 217,699.77 $

PATIENT CARE Dean of Faculties Anesthesiology Endocrinology Medicine Ob. and Gynecology Pathology Pediatrics Pharmacology Physical Medicine Psychiatry and Neurology E. E. G. Radiology Respiratory Center Social Service Surgery Nursing Service Operating Room TOTAL PATIENT CARE

$ 11,283.08 $ 89,846.40 11,878.58
162,405.29 69,612.05
247,643.64 51,123.61
200,901.54 35,794.94
127,334.57 9,228.18
175,052.64 11,035.33 5,127.20
303,097.90 1,049,586.97
176.063.58
$2.737.015.50 $

$ 11,283.08 $

$

76,365.51

13,480.89

10,372.10

1,506.48

151,450.51

10,954.78

68,984.14

627.91

187,440.74

60,202.90

49,978.19

1,145.42

19,313.82 181,587.72

33,434.70

2.360.24

122,852.04 7,871.21
115,259.70 10,724.73 5,026.01
294,190.43 980,207.41 136.552.56

4,482.53 1,356.97 59,792.94
310.60 101.19 8,907.47 69,379.56 39,511.02

$2.281.306.88 $ 455,708.62 $

SERVICES Central Supply Housekeeping Dietary Laundry Out-Patient TOTAL SERVICES

$ 145,835.94 $ 129,524.54 383,010.22 64,542.68 32.343.82
$ 755.257.20 $

$ 63,104.64 $ 82,731.30 $

109,773.33

19,751.21

208,327.17

174,683.05

53,686.24

10,856.44

30.515.97

1.827.85

$ 465.407.35 $ 289.849.85 $

STORES (NET)

$ (-H.780.23 $

____

$ (-)1.780.23 $

TOTAL HOSPITAL EXPENDITURES

$4,265,247.23 $

$3.030.865.34 $1..164.115.23 $ 70.266.66

TRANSFER TO; Plant Funds

4.000.00

TOTAL HOSPITAL DISBURSEMENTS

$4.269.247.23

MEDICAL COLLEGE OF GEORGIA STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification________

Salaries

Operating

and

Supplies

Wages

& Expense

Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$5.788.290.80 $776.347. 31 $4.622,,289.,95 $1,,610, 954.40 $331.393.76

B. AUXILIARY ENTERPRISES RnflTTSTORE RESIDENCE T RESIDENCE TIT RWAOTT RAR RRAf!E SHOP PARTfTNfO

$ 50.973.53 $ 19.388.14 $ $ 20.019.30 $ $ 90.561.56 $ $ 17.013.00 $ $ 15.015.84 $

$ 4,,431.,99 $ 46,.517.18 $

24.36

$ 13,,784..46 $ 5,,603.68 $

$

6,,306..70 $ 13,,538.33 $

174.27

$ 24.,402,.98 $ 65,.943.29 $ 215.29

$ 8.,199,.48 $ 8..810.87 $

2.65

$

100 .00 $ 4,.893.00 $ 10.022.84

TOTAL AUXILIARY ENTERPRISE

T7YPPKm TTiTRES

$ 212,971.37 $

$ 57 ,225 .61 $ 145 .306.35 $ 10.439.41

TRANSFERS TO: Plant Funds Instruction Funds Hospital Funds

11.055.00 1,000.00
20.750.00

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 245.776.37

TOTAL CURRENT EXPENDITURES

$6.001.262.17 $776.347 .31 $4.679.515.56 $1.756 .260.75 $341.833.17,

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

GENERAL INSTITUTION W. J. Young National Foundation Medical Education 11-02 Newman-Coweta

Balance

Receipts Disbursements Balance

July 1. 1960 For Year

For Year June 30. 1961

$ 4,619.26 $ 4,926.97
110,524.00
1,000.00

2,000.00 $ 7,546.23

92,335.00

18,189.00
1 ,000.00

303

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

GENERAL INSTITUTION (CONT.) General Electric U. S. Public Health Service 11-05 U. S. Public Health Service 11-06 E. E. G. 11-07 Fellowships
DEAN OF FACULTIES Medical Education for National Defense 31-01 National Foundation Medical Education 31-02 National Foundation Medical Education Faculty U. S. Public Health Service 31-04 U. S. Public Health Service 31-05 Lederle Tobacco
ANATOMY - MICROSCOPIC American Medical Association 33-01 U. S. Public Health Service 33-02 U. S. Public Health Service 03-07
ANESTHESIOLOGY Sharp and Dohme Winthrop Laboratory Air Reduction Sales, Inc.
BIOCHEMISTRY Williams-Waterman U. S. Public Health Service 35-01 U. S. Public Health Service 35-02 U. S. Public Health Service 35-03 U. S. Public Health Service 35-04 U. S. Public Health Service 35-05 Research Special U. S. Public Health Service 35-07 U. S. Public Health Service 35-08 U. S. Public Health Service 03-14 U. S. Public Health Service 03-19 U. S. Public Health Service 03-21 U. S. Public Health Service 03-24 U. S. Public Health Service 03-31 U. S. Public Health Service 03-10 U. S. Public Health Service 03-13 U. S. Public Health Service 03-18

Balance

Receipts Disbur sements Balance

Julv 1. 1960 For Year

For Year June 30. 1961

$

17.50 $

14.00 $

3,400.00

4,800.00

50,000.00

1,089.70

(->45.84

45.84

$ 5,000.00 1,604.92

31.50 3,200.00 48,395.08 1,089.70

2,000.00
17,214.39 1,100.00

2,500.00 5,500.00 2,400.00 5,727.00
1,700.00

3,028.90 3,127.41
5,680.68 12,901.08
1,666.40

1,471.10
2,372.59
2,400.00 46.32
4,313.31 1,133.60

112.70 11,775.22 8,555.44 (->7,835.42

2.34 3,773.96
720.02

110.36 8,001.26

604.38

1,800.00 10,000.00

1,771.82 1,369.33

604.38 28.18
8,630.67

(->66.20 6,491.14
5,418.39 1,157.35
78.50 5.66
2,282.34 2,047.11 (->250.41 (->1,448.73 3,182.45 3,668.54

1,904.00 3,100.00 5,028.44 8,190.04 4,013.16 7,700.00
1,797.68
4,531.56 , 385.00 (->121.92

(->66.20 1,406.03 1,626.62 3,695.37 4,932.87 7,336.11
11,281.67 967.32 78.50 5.66
4,080.02 2,047.11 (->250.41 3,082.83 3,567.45 3,546.62

5,085.11 277.38
(->595.37 95.57
853.93 4,013.16 1,836.72
190.03

4>
i
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A k f W
>
i w-
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304

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

ENDOCRINOLOGY Research Reserve U. S. Public Health Service 36-03 American Cancer Research Grants U. S. Public Health Service 36-05
MEDICAL MICROBIOLOGY U. S. Public Health Service 38-01 U. S. Public Health Service 38-02 U. S. Public Health Service 38-03 American Medical Association 38-04 American Medical Association 38-05 Evaporated Milk U. S. Public Health Service 38-07 U. S. Public Health Service 38-08 U. S. Public Health Service 03-65 U. S. Public Health Service 03-66 U. S. Public Health Service 03-67
MEDICINE - GENERAL U. S. Public Health Service 40-01 Ciba 40-02 ttyeth Laboratory Pfizer Ciba 40-05 Georgia Heart - Kidney Georgia Heart - 40-07 Dohme Chemical U. S. Public Health Service 40-09 Georgia Heart 03-92 U. S. Public Health Service 03-78 U. S. Public Health Service 03-79 U. S. Public Health Service 03-80 U. S. Public Health Service 03-83 U. S. Public Health Service 03-99
MEDICINE - VASCULAR U. S. Public Health Service 41-01 Georgia Heart U. S. Public Health Service 41-03 U. S. Public Health Service 41-04
MEDICINE - CARDIOLOGY U. S. Public Health Service 42-01

Balance

Receipts Disbursements Balance

Julv 1. 1960 For Year

For Year June 30. 1961

$ 11,829.66$ 46,378.37

$ 2,212.00 9,528.00 45,161.13 16,220.00

$ 11,829.66

623.21

1,588.79

11,822.08 (->2,294.08

37,087.80

54,451.70

15,863,14

356.86

423.56 128.04 152.98 6,070.17 1,079.44 (->20.40 1,402.71 (->979.10

5,200.00 9,445.31 13,350.00
5,340.35 (->271.91
2,944.01

4,187.12 6,658.29 8,451.36
34.90
6,068.31 6,419.79 (->20.40 1,130.80 1,964.91

1,012.88 2,787.02 4,898.64
423.56 93.14
152.98 1.86

631.33
225.96 3,184.94
4.77 3,136.30 2,892.51 (->600.72 1,191.08
6.88 11,533.55 12,257.83
4,672.96 6,316.01
66.68

9,470.56 2,700.00
1,000.00
1,100.72
2,489.26 (->4,533.27 (->6,077.58
4,062.65 (->3,527.56

2,379.34

2,900.00 21,000.00 26,715.00
5,800.00

5,216.03 2,592.00
4.77
147.53
2,496.14 7,000.28 6,180.25 8,735.61 2,788.45
66.68
1,382.97 21,000.00 24,562.73
7,769.69

4,885.86 108.00 225.96
3,184.94 1,000.00 3,136.30 2,744.98
500.00 1,191.08
/ 1,517.03
2,152.27 409.65

17,928.12

12,951.51

4,976.61

305

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

MEDICINE - GASTROENTEROLOGY Schering
MEDICINE - HEMATOLOGY U. S. Public Health Service 45-01 U. S. Public Health Service 45-02 U. S. Public Health Service 45-03
MEDICINE - RESEARCH CHEMISTRY U. S. Public Health Service 49-01
OB AND GYNECOLOGY Ciba 50-01 U. S. Public Health Service 50-02
PATHOLOGY U. S. Public Health Service 52-01 U. S. Public Health Service 52-02 U. S. Public Health Service 52-03 U. S. Public Health Service 52-04 U. S. Public Health Service 52-05 U. S. Public Health Service 52-06 U. S. Public Health Service 52-07 U. S. Public Health Service 52-08 U. S. Public Health Service 52-09 U. S. Public Health Service 03-50 U. S. Public Health Service 03-57
PEDIATRICS Resident Travel American Medical Association Chromosome Georgia Heart - 04-06
PHARMACOLOGY U. S. Public Health Service 58-01 U. S. Public Health Service 58-02 American Heart U. S. Public Health Service 58-04
PHYSIOLOGY Life Insurance U. S. Public Health Service 61-02 U. S. Public Health Service 61-03 Research Reserve Research Sales

Balance

Receipts Disbursements Balance

July 1. 1960 For Year

For Year June 30. 1961

$ (-)289.56 $ 1,289.56 $

200.00 $

800.00

2,783.40 7,341.32

3,597.00 7,000.00

2,568.15 7,151.43 1,121.47

1.028.85 2,631.97 6.219.85

3,829.33 25,347.83

23,652.77

5,524.39

4,004.00 6,021.00

1,279.72 3,650.67

2,724.28 2,370.33

5,983.94 7,141.08 3,228.34 2,296.01

46,061.06 14,504.10
1,650.00 1,723.00 1,865.00 8,410.00 9,400.00 3,228.34
(->3,228.34 846.90

14,566.75 8,006.66 650.18 229.51 734.83 2,797.59 4,477.90 8,872.48 6,352.72
3,142.91

31,494.31 6,497.44 999.82 1,493.49 1,130.17 5,612.41 4,922.10 339.80 788.36

1,136.08 450.00
.36

650.00
1,000.00 4,000.00

1,112.13 11.76
258.55 4,000.36

673.95 438.24 741.45

4,405.84 (->1,281.53

6,972.34 5,050.00

3,181.62 98.00 4.80
3,657.81

3,790.72 (->98.00 4,401.04
110.66

2,749.78
9,602.64 386.52 857.47

10,000.00 18,947.83 45,326.89

10,463.62 5,203.43 38,225.81
(->2.75 364.79

2,286.16 13,744.40 16,703.72
389.27 492.68

306

i;
it
A ]i v < 1
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MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance

Receipts Disbursements Balance

Julv 1. 1960 For Year

For Year June 30. 1961

PHYSIOLOGY (CONT.) U. S. Public Health Service 61-06 U. S. Public Health Service 61-07 U. S. Public Health Service 03-35 U. S. Public Health Service 03-43 U. S. Public Health Service 03-44

$

$ 27,008.83 $

7,657.00

22,595.59 (->3,983.83

8,238.23 (->7,245.30

517.74

4,527.77

12,315.80 $ 523.57
18,611.76 992.93
5,045.51

14,693.03 7,133.43

PSYCHIATRY U. S. Public Health Service 62-01 U. S. Public Health Service 62-02 Ciba 62-03 U. S. Public Health Service 62-05 Psychiatric Treatment

13,068.65 3,333.40

28,548.00 22,000.06
1,000.00

16,842.01 18,333.40
460.20 11,189.57
3,333.40

11,705.99 3,666.66 539.80 1,879.08

RESPIRATORY National Foundation Infantile Paralysis Equipment Pool

12,520.77

57.917.00 22.425.00

41,955.79 908.54

28,481.98 21,516.46

SURGERY - GENERAL U. S. Public Health Service 70-01 American Cancer Georgia Heart U. S. Public Health Service 04-10 U. S. Public Health Service 04-11 U. S. Public Health Service 04-15 U. S. Public Health Service 04-23 U. S. Public Health Service 04-27 U. S. Public Health Service 04-30

12,537.41 (->1,996.19
(->51.35 (->142.30 15,092.30
1,165.95 (->185.00
2,956.47

6,550.18 7,310.00 5,294.75
142.30 (->2,337.20
(->70.74
(->94.41

9,135.57 3,471.33 7,584.00 5,243.40
12,755.10 1,095.21
(->185.00 2,862.06

3,401.84 1,082.66 (->274.00

SURGERY - NEURO U. S. Public Health Service 72-01 U. S. Public Health Service 72-02 U. S. Public Health Service 72-03

7,644.09 11,637.20
9,068.00

3,311.10 8,906.85 10,409.91

4,332.99 2,730.35 (->1,341.91

SURGERY - OPTHAMOLOGY Knights Templar United Cerebral Palsy 73-02

649.80 (->321.32

2,587.50

396.80 2,199.10

253.00 67.08

SURGERY - ORTHOPEDIC U. S. Public Health Service 75-01 U. S. Public Health Service 75-02 Vocational Rehabilitation
SURGERY - THORACIC U. S. Public Health Service 77-01 U. S. Public Health Service 77-02

6,339.39 (->153.32

4,201.00 2,191.24
153.32

4,000.00 13,043.00

4,713.71 3,000.62

(->512.71 5,530.01

1,463.05 4,663.45

2,536.95 8,379.55

307

MEDICAL COLLEGE OF GEORGIA STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

SURGERY - THORACIC (CONT.) Georgia Heart Aortic Valve U. S. Public Health Service 77-04
SURGERY - UROLOGY Hoffman-LaRoche
NURSING EDUCATION U. S. Public Health Service 85-01 U. S. Public Health Service 85-02 U. S. Public Health Service 04-60 U. S. Public Health Service 04-61
GRANT OVERHEAD
PROFESSIONAL RESEARCH FUND
TOTAL RESTRICTED FUNDS

Balance

Receipts Disbursements Balance

Julv 1. 1960 For Year

For Year June 30. 1961

$

357.51 $ 7,700.00 $

3,521.67

8,057.51 $ 3,461.62

60.05

471.50

471.50

(-)8.88 45.93

43,335.00 11,520.00
21.30 (-)45.93

23,203.88 12.42

20,131.12 11,520.00

135,950.45

103,068.42

32,882.03

94.344.32 22.000.00

71.425.07

44.919.25

$ 668.479.56 S 859.522.70 $ 962.308.71 $ 565.693.55

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Income on Investments Interest on Student Loans Receipts and Adjustments TOTAL ADDITIONS
DEDUCTIONS Expense of Trust Transfer to Restricted Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, JUNE 30, 1961

Endowment , FuPds

Loan Funds

Total

$31.146.75 $54.400.75 $85.547.50

$ 5,190.50 $ 5.190.50

$ 959.30
2.803.49 $ 3.762.79

$ 5,190.50 959.30
2,803.49 $ 8,953.29

$ 263.53 $ 4.926.97
$ 5.190.50 $

294.41 $ 557.94 4.926.97
294.41 $ 5.484.91

$31.146.75_ $57.869.13 $89.015.88

308

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Fund Balance

Fund Balance

Julv 1. 1960 Additions Deductions June 30. 1961

ENDOWMENT FUNDS W. J. Young Fund

L 31.146.75 $5.190.50 5 .190.50 $

LOAN FUNDS

E. E. Murphey Student Loan Fund

$ 9,714.16 $ 113.09 $

18,425.55

556.25

W. K. Kellogg

21,655.66

438.44

Pendergrass Memorial

800.00

DeLeon Laboratories

1,030.37

26.01

Phi Rho Sigma

235.01

69.00

Ben Bussey Loan Fund

40.00

60.00

Georgia Pediatrics

2,500.00 1,500.00

Foundation - Medical College

of Georgia

1.000.00

283.03 $ 11.38

31.146.75
9,544.22 18,981.80 22,082.72
800.00 1,056.38
304.01 100.00 4,000.00
1.000.00

TOTAL LOAN FUNDS

$ 54.400.75 $3.762.79 $ 294.41 $ 57.869.13

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

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

Cash Balance Julv 1. 1960

Receipts For Year

Disbursements Cash Balance For Year June 30. 1961

$ 249,349.13 $1 ,703,048.30 $1,523,043.57 $ 429,353.86

776,025.88 4 ,389,141.50 4,269,247.23

895,920.15

668,479.56 859,522.70 962,308.71 565,693.55

45.138.81

239.997.95

245.776.37

39.360.39

$1.738.993.38 $7 .191.710.45 $7 .000.375.88 $1..930.327.95

90.707.24 $ 33.146.30 $ 19.402.49 $ 104,451.05

$

947.40 $ 5,190.50 $ 5,190.50 $

3.806.43

8.158.43

8.037.75

1. 4.753.83

13.348.93 $ 13.228.25 $

947.40 3.927.11 4,874.51

$ 19,037.51 $ 92,765.46 $ 14,427.00 $ 97.375.97

49.993.57

147.884.43

164,027.03

33.850.97

L. 69.031.08 $ 240.649.89 $ 178.454.03 $ 131.226.94

$1.903.485.53 $7 .478.855.57 $7 .211.460.65 $2,.170.880.45

309

MEDICAL COLLEGE OF GEORGIA
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts For Year

Disbursements Cash Balance

For Year

June 30. 1961

Student Breakage Deposits $ 1,524.65 $ (->114.87 $

$

Student Deposits

2,675.00

(->315.00

Student Health

5,382.15

15,367.37

17,724.50

Student Activities

946.65

6,312.77

4,758.85

Aesculapian

1,035.85

4,502.15

4,443.21

Cadaver

(->39.26

1,614.25

1,560.78

Student Nurse Deposits

25.00

1,075.00

Student Nurse Health

104.40

597.45

Student Nurse Activities

(->153.47

859.80

510.35

Student Nurse Recreation

1,715.60

2.57

694.95

Sales Tax

309.32

170.93

Withholding

75,664.35

(->155.04 (->10,340.15

Resident Deposits

692.00

National Foundation Infantile

Paralysis

3,053.92

Cash Over and Short

5.00

50.00

Patient Deposits Blood Assessments

1,517.00 (->1,517.00 995.00

1,409.78 2,360.00 3,025.02 2,500.57 1,094.79
14.21 1,100.00
701.85 195.98 1,023.22 480.25 85,849.46 692.00
3,053.92 (->45.00
995.00

TOTAL AGENCY FUNDS

$ 90.707.24 $ 33.146.30 $ 19.402.49 $ 104.451.05

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS U. S. Public Health Service Building Authority Project H-l Transfer from Auxiliary Funds Regents Allotment for Dugas Building Investment Earnings Transfer from Hospital Funds TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Buildings and Additions U. S. Public Health Service Building Authority Project H-l Premature Nursery

$ 69,031.08

$162,393.00 11,055.00 7,500.00 55,701.89 4.000.00

240.649.89

$309,680.97

$162,393.00 1,634.03

310

MEDICAL COLLEGE OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Buildings and Additions (Continued) Dugas Building - Chimney Restoration and Partition Dugas Building - Flooring Dugas Building - Zone Controls TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 1,432.00 5.245.00 7.750.00

$178.454.03

$131.226.94

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$14,956,212.88

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

TOTAL ADDITIONS

331,393.76
10,439.41 162,393.00 569.228.94

1.073.455.11

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$16,029,667.99

DEDUCTIONS Adjustments for Prior Years

82.641.72

INVESTMENT IN PLANT, JUNE 30, 1961

$15,947,b26.27

DEDUCT: Equity of University System Building Authority
Equity of State Hospital Authority

$ 727,727.82 6.950.000.00

7.677.727.82

NET INVESTMENT IN PLANT, JUNE 30, 1961

$ 8.269.298.45

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

A. LAND

Investment Beginning
Of Year

Additions

$ 126.902.38 $

Investment End Of
Deductions ____ Year_____

$

$ 126.902.38

311

MEDICAL COLLEGE OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS - COLLEGE

Administration (Bldg.

Authority)

$ 568,473.49 $

Dugas Murphey Dugas (Bldg. Authority) Murphey (Bldg. Authority) Storage House
TOTAL BUILDINGS -

213,116.31 145,468.27 273,076.59 273,076.60
2.268.00

COLLEGE

$ 1.475.479.26 $

$ J _____

$ 568,473.49 213,116.31 145,468.27 273,076.59 273,076.60 2.268.00
$ 1.475.479.26

BUILDINGS - HOSPITAL

Main Building

$ 8,528,700.00 $

Educational and Warehouse 444,500.00

Internes

500,000.00

White Nurses #1

369,250.00

White Nurses #2

259,000.00

Alcoholics Research Wing

118,750.00 801.064.60

TOTAL BUILDINGS -

HOSPITAL

$11.021.264.60 $

$
708.090.20 708.090.20 $

$ 8,528,700.00 444,500.00 500,000.00 369,250.00 259,000.00 118,750.00
1.509.154.80
$11.729.354.80

TOTAL BUILDINGS

$12.496.743.86 $ 708.090.20 $

$13.204,834.06

IMPROVEMENTS OTHER THAN BUILDINGS

6.705.01 $

$

$

6.705.01

EQUIPMENT - COLLEGE Administration Offices $ Administration Building
(Bldg. Authority) Physical Plant Library Instructional Departments Instructional Departments
(Bldg. Authority) Bookstore
TOTAL EQUIPMENT COLLEGE

29,369.15 $
26,283.98 7,488.41
204,416.31 470,773.13
16,578.54 2.345.00
757.254.52 $

5,516.38 $

$

23,459.01 56,624.32

7,488.41

657.13 86.256.84 $ 7.488.41 $

34,885.53
26,283.98
227,875.32 527,397.45
16,578.54 3.002.13
836.022.95

EQUIPMENT - HOSPITAL

Research Addition

$

Main Building

1,288,839.83

Educational and Warehouse

93,260.68

23,531.74 $ 223,213.28 73,668.38
502.38

23,531.74 1,438,384.73
92,758.30

312

MEDICAL COLLEGE OF GEORGIA STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning
Of Year

Additions

Deductions

Investment End Of Year

D. EQUIPMENT (CONT.)

EQUIPMENT - HOSPITAL (CONT.)

Internes White Nurses #1

$ 54,162.47 $ 9,709.13 $

45,348.39

42.53

63,871.60 45,390.92

White Nurses #2 Alcoholics

26,632.83 23,301.26

584.33

982.55

27,217.16 22.318.71

Augusta College

37.061.65

22.027.06___________

59.088.71

TOTAL EQUIPMENT -

HOSPITAL

$ 1.568.607.11 $ 279.108.07 $75.153.31 $ 1.772.561.87

TOTAL EQUIPMENT $ 2.325.861.63 $ 365.364.91 $82.641.72 $ 2.608.584.82

TOTAL INVESTMENT IN PLANT $14.956.212.88 $1.073.455.11 $82.641.72 $15.947.026.27

313

West Georgia College FINANCIAL REPORT
For the Year Ended June 30, 1961

WEST GEORGIA COLLEGE Carrollton, Georgia

Irvine S. Ingram
President

J. E. McWhorter
Comptroller

315

WEST GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS

A. GENERAL

Cash in Bank

$ 17,576.80

Investments

70,000.00

Accounts Receivable

Veterans Administration $ 19.00

Students

641.00

Extension

83.00

743.00

Stores Inventory

9.838.28

TOTAL GENERAL FUNDS

" $ 98,158.08

B. RESTRICTED Cash in Bank

6,665.67

C. AUXILIARY Cash in Bank Investments Accounts Receivable Students Other - Rent Inventories Bookstore Dining Hall TOTAL AUXILIARY FUNDS

$ 12,825.58 65,000.00

$ 1,510.50 48.00

1,558.50

$10,176.58 9.456.05

19.632.63

99.016.71

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank Investments

$ 11,535.19
10. 000.00

TOTAL AGENCY FUNDS

IH.

STUDENT LOAN FUNDS Cash in Bank Investments Notes Receivable - Students

$ 5,102.88 500.00
64.298.03

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Investments TOTAL UNEXPENDED

$

699.31

55.000.00

$ 55,699.31

203,840.46 21,535.19 69,900.91

316

WEST GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Accounts Payable Unearned Income - Summer School Unearned Income - Fall Quarter, 1961 Unearned Income - Fall Quarter, 1962 Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS

2,904.00 2,504.50 16.793.00 14.830.00
25.00 9,838.28 51.263.30
$

98,158.08

B. RESTRICTED Fund Balance

6,665.67

C. AUXILIARY Unearned Income Reserve for Stores Bookstore Dining Hall Unappropriated Surplus

$ 19,378.80

$10,176.58 9.456.05

19,632.63 60,005.28

TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS III. STUDENT LOAN FUNDS
Fund Balance

99.016.71 $ 203,840.46
$ 21,535.19 21,535.19
$ 69,900.91

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Auxiliary Replacement Reserve Fund Balance TOTAL UNEXPENDED

69,900.91
$ 25,848.79 29.850.52 " $ 55,699.31

317

WEST GEORGIA COLLEGE

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

IV. PLANT FUNDS (CONTINUED)

B. EXPENDED

Land

$ 27,500.00

b

Buildings

1,572,113.57

Improvements Other Than Buildings

102,803.05

Equipment

419.940.34

TOTAL EXPENDED

$2.122.356.96

y

TOTAL PLANT FUNDS TOTAL ASSETS

$2.178.056.27
h \ $2.473.332.83 %

v
m t
>

* p >

318

WEST GEORGIA COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED

$ 534,190.62 1,588,166.34
$2,122,356.96

TOTAL PLANT FUNDS TOTAL LIABILITIES

$2,178,056.27 $2.473.332.83

319

WEST GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted

Total

A. EDUCATIONAL AND GENERAL

STUDENT FEES

Non-Resident Tuition

$ 2,370.00 $

Matriculation Fees

97,708.00

Unearned Matriculation - Fall Quarter,

1961

14,855.00

Health Service Fees

11.982.50

Summer School

20.521.50

Other

1.652.24

TOTAL STUDENT FEES

$149,089,24 $

PUBLIC APPROPRIATIONS

State of Georgia - Regular Operations $327,000.00 $

Vocational Funds

1.162.14

TOTAL PUBLIC APPROPRIATIONS

$328,162.14 $

$ 2,370.00 97,708.00
14,855.00 11.982.50 20.521.50
1.652.24 $149,089.24
$327,000.00 1.162.14
$328,162.14

OTHER SOURCES Interest Earned

$ 3.440.31 $

$ 3.440.31

TOTAL EDUCATIONAL AND GENERAL INCOME

$480,691.69 $

$480,691.69

B. AUXILIARY ENTERPRISES BOOKSTORE

$ 54.645.51 $

$ 54.645.51

DINING HALL

$170,411.12 $

$170,411.12

DORMITORIES Adamson Aycock Mandeville Melson Rogers Gunn House TOTAL DORMITORIES

$ 15,906.18 $ 25,770.39 20,336.97 13,505.53 1,562.50 1.740.00
$ 78.821.57 $

$ 15,906.18 25,770.39 20,336.97 13,505.53 1,562.50 1.740.00
$ 78.821.57

APARTMENTS

$ 1.258.00 $

$ 1.258.00

TOTAL AUXILIARY ENTERPRISE INCOME

$305,136.20 $

$305,136.20

C. STUDENT AID GIFTS AND GRANTS
TOTAL CURRENT INCOME

$

$ 8.339.20 $ 8.339.20

$785,827.89 $ 8.339.20 $794,167.09

320

>
I
1 JF
I
*
I
*

WEST GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATION Business Office $ 18,801.81 $ President's Office 20,518.40 Registrar's Office 17.145.96 TOTAL ADMINISTRATION $ 56,466.17 $

$ 16,747.32 $ 1,263.52 $ 19,135.62 1,082.78 14.869.38 1.926.58

790.97 300.00 350.00

$ 50.752.32 $ 4.272.88 $ 1.440.97

STAFF BENEFITS

Retirement

$

89.00 $

Workmen's Compensation 901.70

Social Security

11,846.25

Group Insurance

3.560.72

TOTAL STAFF

BENEFITS

$ 16.397.67 $

GENERAL INSTITUTIONAL

General

$ 13,367.08 $

Public Relations

8.789.50

TOTAL GENERAL

INSTITUTIONAL $ 22.156.58 $

$

89.00 $

$

901.70

11,846.25

3.560.72

$ 16.397.67 $

$

$ 1,494.00 $ 10,948.08 $ 925.00

7.735.00

1.054.50

$ 9.229.00 $ 12.002.58 $ 925.00

STUDENT WELFARE Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE

$ 1,758.57 $ 1,931.73 7.037.04
$ 10.727.34 $

PLANT OPERATIONS

$ 58.568.58 $

$ 1,701.00 $ 1,868.00 5.590.00

57.57 $ 63.73 982.83

464.21

$ 9.159.00 $ 1.104.13 $ 464.21

$ 26.303.05 $ 31.192.43 $ 1.073.10

LIBRARY

$ 32.315.52 $

INSTRUCTION

Dean's Office

$ 12,429.50 $

Division of Languages,

\

Literature & Art 64,264.26

Division of Social

Sciences

49,948.34

Division of

Education

38,531.46

$ 14.180.00 $ 759.11 $17,376.41

$ 11,670.00 $ 759.50 $

61,294.00 2,402.78

567.48

46,825.17

1,641.38 1,481.79

36,026.00

2,199.46

306.00

321

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Wages

& ExDense EauiDment

EDUCATIONAL AND GENERAL (CONT.) INSTRUCTION (CONT.)
Division of Math & Science
Adult Education Director
Practice School Summer School
TOTAL INSTRUCTION

$ 60,740.03 $
4,506.78 11,214.63 15.477.88
$257.112.88 $

$ 55,987.27 $ 3,461.58 $ 1,291.18

3,555.65 9,310.63 15.249.20

951.13 1,904.00
228.68

$239,917.92 $ 13.548.51 $ 3.646.45

EXTENSION

Fund for Adult

Education

$

Elem. Co-Op, CPEE

Vocational Program

TOTAL

EXTENSION

$

$ 4,272.84 $ 430.82
830.61
830.61 $ 4.703.66 $

$ 4,272.84 $ 430.82 830.61
$ 5.534.27 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$454,575.35 $ 4.703.66 $365,938.96 $ 68.413.91 $24,926.14

STORES CONTROL

3,915.45

TRANSFER TO: Plant Funds

4.177.24

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$462,668.04

AUXILIARY ENTERPRISES

BOOKSTORE

$ 54.725.57 $

$ 9.935.20 $ 43.357.81 $ 1.432.56

DINING HALL

$138,549.08 $

$ 37.020.16 $ 99.892.39 $ 1.636.53

APARTMENTS

$ 2.287.41 $

$ 1.435.89 $ 851.52 $

DORMITORIES Adamson Aycock Gunn House

$ 9,573.25 $ 16,850.87 1,473.07

$ 4,979.05 $ 4,296.20 $

9,510.38 6,911.08

1,006.52

466.55

298.00 429.41

if
>
m
*>
*9 *

WEST GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Waaes

& Expense Eauimnent

DORMITORIES (CONT.) Mandeville Melson Rogers TOTAL DORMITORIES

3 (CONT.)
$ 15,978.83 $ 7,375.14 684.16
$ 51.935.32 $

$ 8,470.70 $ 7,134.63 $

4,051.70 3,323.44

459.99

224.17

373.50

$ 28.478.34 $ 22.356.07 $ 1.100.91

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$247,497.38 $

$ 76.869.59 $166,457.79 $ 4.170.00

TRANSFER: Plant Funds

14.343.74

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$261,841.12

C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

L.

$ 6.407.16 $__________ $ 6.407.16 $

$702,072.73 $11,110.82 $442,808.55 $241,278.86 $29,096.14

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance

Receipts Disbursements Balance

Julv 1. 1960 For Year For Year June 30. 1961

A. EDUCATIONAL AND GENERAL

Adult Education

$

Co-Op Elementary Education

5,584.78 $ 2.844.51

$ 4,272.84 $ 1,311.94

430.82

2.413.69

TOTAL EDUCATIONAL AND GENERAL
B. STUDENT AID Scholarship Fund
TOTAL RESTRICTED FUNDS

8.429.29 $

$ 4.703.66 $ 3.725.63

1.008.00 $8,339.20 $ 6.407.16 $ $ 9.437.29 $8,339.20 $ 11.110.82 $

2.940.04 6.665.67

323

WEST GEORGIA COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Restricted Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
STUDENT LOAN FUNDS
NATIONAL DEFENSE STUDENT LOAN FUND
PLANT FUNDS
TOTALS

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

$ 69,553.15 $ 9,437.29
34.530.50 $ 113.520.94 $

480,691.69 $ 8,339.20
305.136.20 794.167.09 $

462,668.04 $ 11,110.82
261.841.12 735,619.98 $

87,576.80 6,665.67
77.825.58 172,068.05

$ 24.559.61 $ 167.962.45 $ 170.986.87 $ 21.535.19

L

300.00 ?

$

$

300.00

$

501.45 $ 38.189.81 $ 33.888.38 $ 4.802.88

L 57,666.99

30.520.98 $ 32.488.66 $ 55.699.31

$ 196.548.99 $1,030,840.33 $ 972.983.89 $ 254.405.43

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Receipts Disbursements Cash Balance July 1. 1960 For Year For Year June 30. 1961

Student Activities

$

Student Deposits

Application - Breakage Deposits

Miscellaneous Deposits

SUB-TOTAL

$

6,559.44 $ 22,207.50 $ 3,015.01 46,365.84 1,661.66 2,736.64 9.371.97 15.151.68 20.608.08 $ 86,461.66 $

23,627.23 $ 44,905.66
7.00 18.679.40 87.219.29 $

5,139.71 4,475.19 4,391.30 5.844.25 19.850.45

Group Insurance Life Insurance U. S. Income Tax Social Security Teachers Retirement Sales Tax Rent State Income Tax

$ 1,027.86 $ 6,302.17 $

42.43

480.69

6,407.22 $ 451.86

43,202.00

43,202.00

10,336.94

10,336.94

2,153.25 15,669.83

17,823.08

1,581.45

1,581.45

727.99

1,703.67

1,740.99

2.224.04

2.224.04

922.81 71.26
690.67

TOTAL AGENCY FUNDS

$ 24.559.61 $167,962.45 $ 170.986.87 $ 21.535.19

324

WEST GEORGIA COLLEGE
STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
RECEIPTS Gifts and Grants Loans Collected Contribution from Scholarship Funds Interest Collected TOTAL RECEIPTS
DISBURSEMENTS Loans to Students
BALANCE, JUNE 30, 1961

College National Defense

Loan

Student

Funds

Loan Fund

Total

$300.00 $

501.45 $ 801.45

$

$

_______ $

_

$

$300.00 $

33,930.00 462.69
3,770.00 27.12
38.189.81

$33,930.00 462.69
3,770.00 27.12
$38,189.81

33.888..38 $33,.888.38 4.802.,8 $ 5,.102.88

STATEMENT OF STUDENT LOAN FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Fund jBalance

Fund Balance

Julv 1. 1960 Additions Deductions June 30. 1961

COLLEGE LOAN FUNDS

Billy Baker Memorial Fund $

142.00 $

$

$

142.00

Kiwanis - Ingram Loan Fund

30.34

30.34

Melson Loan Fund

500.00

500.00

DAR Loan Fund

100.00

100.00

Cantrell Loan Fund

200.00

20.00

TOTAL COLLEGE LOAN FUNDS $

972.34 $

$

__ 972.34

NATIONAL DEFENSE STUDENT LOAN

FUND

$ 31 .201.45 $37.727..12 $

TOTALS

$ 32 .173.79 $37.727,.12 $

fv 68.928.5t 69.900.91

325

WEST GEORGIA COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1, I960 Receipts Disbursements Transfers June 30. 1961

Science Ventila-

tion

$

572.10 $ 468.00 $

Adamson Dormitory 4,092.88 9,000.00

Mandeville Dormitory (-)9.46

Dormitory Furnishing s 203.96

Campus Buildings (5) 778.32

Special Equipment

490.59

Dining Hall

Refrigeration

1,980.17

Warehouse Building (->295.29

Library Annex

3,889.31

Classroom Building

670.24

Administration Bldg. 660.58 4,500.00

Heating Equipment 2,970.00

Auxiliary Replace-

ment Reserve

24,925.05 14,343.74

Hamm Renovation

1,959.88

Steam Lines &

Utilities

8,000.00

Gymnasium Rewiring

(Utilities)

1,700.00

President's Home

5,168.72 1,500.00

Clinic Cabinets

(->90.06

209.24

Martha Munro Bldg.

Renovation

500.00

40.00 $

$

4,255.67

9.46

(->9.46

8,436.65 (->8,600.00

842.60

346.94

1,000.10 8,827.75
367.31 (->64.28
143.65

6,587.48
1,958.68 (->78.77

(->4,820.00 (->295.29 295.29

2,970.00

212.69
1,635.34 749.01
5,160.58

1,181.12

13,420.00

25,848.79 778.76

8,000.00

2,778.57 (->10,970.00 6,020.54
119.18

9,891.43 648.18

500.00

TOTALS

$ 57.666.99 $30.520.98 $ 32.488.66 $

$ 55.699.31

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$57,666.99

ADDITIONS Transfer from Auxiliary Enterprises Transfer from Educational and General Funds Board of Regents For Adamson Dormitory For Administration Building

$ 9,000.00 3.000.00

$14,343.74 4,177.24
12.000.00

TOTAL ADDITIONS

30.520.98

BALANCE, JULY 1, 1960, PLUS ADDITIONS

$88,187.97

326

WEST GEORGIA COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Science Building Hamm Renovation Tenant House No. 4 President's Home Clinic Cabinets Classroom Building Adamson Dormitory TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Heating System
Equipment Dormitory Furnishings Dining Hall Special Instructional Equipment Library President's Home TOTAL EQUIPMENT
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 40.00 1,181.12 842.60 4,520.54 119.18 (->78.77 4.255.67
$10,880.34

2,778.57

$ 8,436.65 6,587.48 346.94 1,958.68 1.500.00

18.829.75 $32.488.66

$55.699.31

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$2,057,371.55

ADDITIONS Plant Fund Expenditures Educational and General Expenditures Improvements Equipment Auxiliary Enterprises Expenditures Improvements Equipment Expended by University System Building Authority TOTAL ADDITIONS

$
$ 510.00 24.926.14
$ 695.36 4.170.00

32,488.66 25,436.14
4,865.36 2.195.25

64.985.41

INVESTMENT IN PLANT, JUNE 30, 1961

$2,122,356.96

327

WEST GEORGIA COLLEGE SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1961
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

$ 534.190.62 $1,588.166.34

Year Ac au ir ed

Investment Beginning Of Year

Additions Deductions

Investment End Of Year

LAND

Campus

1907 $ 4,000.00 $

$

$ 4,000.00

Off-Campus

1907

23.500.00

23.500.00

TOTAL LAND

L 27.500.00 $

$

$ 27.500.00

BUILDINGS

Adamson Hall

1907

Administration

1907

Aycock Hall (Bldg.

Authority)

1952

Hamm

1944

Dining Hall -

Auditorium

1937

Gunn House

1907

Library - Additions &

Alterations

1938

Mandeville Hall

1935

Martha Munro Bldg.

1935

Rogers Dormitory

1946

Me Ison Hall

1907

Plant Sup. House

1907

President's Home

1907

Science Bldg. (Bldg.

Authority)

1954

Sand Hill Apartment 1945

Tenant House No. 1 1944

Tenant House No. 3 1943

Tenant House No. 4 1944

Tenant House No. 5 1946

Tenant House No. 6 1938

Cow Barn

1946

Dairy Barn

1944

Classroom Building

1958

Dormitory Annex (Bldg.

Authority)

1959

$ 79,019.07 $ 4,255.67 $ 82,651.97

242,693.11 5,891.80 1,181.12

97,303.70 1,205.36 6,573.05

164,212.80 49,048.19 53,418.72 2,178.53 65,046.25 1,375.00 6,184.28

119.18 4,520.54

210,917.40 5,382.85 1,433.78 1,947.98 1,183.78 1,183.78 1,647.63 5,000.00 3,000.00
208,689.88

842.60 (-)78.77

221,553.78 2,195.25

$ 83,274.74 82,651.97
242,693.11 7,072.92
98,509.06 6,573.05
164,212.80 49,167.37 53,418.72 2,178.53 65,046.25 1,375.00 10,704.82
210,917.40 5,382.85 1,433.78 1,947.98 2,026.38 1,183.78 1,647.63 5,000.00 3,000.00
208,611.11
223,749.03

328

WEST GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning Of Year

Additions Deductions

Investment End Of Year

B. BUILDINGS (CONT.) Warehouse Bldg. Science Building TOTAL BUILDINGS

1959

$ 40,295.29 $

$

40.00

$1.557.832.62 $14.280.95 $

$ 40,295.29 40.00
$1.572.113.57

C. IMPROVEMENTS OTHER

THAN BUILDINGS

Streets & Walks

$ 14,462.07 $

$

Lighting System

12,926.77

Heating System

26,954.50 2,778.57

Athletic Field &

Tennis Courts

16,826.14

Water System

26,274.99

Landscaping

2.580.01

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ 100.024.48 $ 2.778.57 $

$ 14,462.07 12,926.77 29,733.07
16,826.14 26,274.99
2.580.01
$ 102.803.05

D. EQUIPMENT

Administrative Offices Apartments

$ 18,923.89 $ 1,940.97 $ 22.64

Physical Plant

34,405.88 1,962.31

Library

64,206.47 19,335.09

Instructional Departments

85,215.15 3,993.39

Dormi tories

60,229.95 9,537.56

Dormitories (Bldg. Authority) 32,228.08

Science Bldg. (Bldg. Authority) 20,293.22

Dining Hall

48,418.52 8,224.01

Bookstore

7,299.30 1,432.56

Infirmary

771.35

President's Home

1.500.00

TOTAL EQUIPMENT

372.014.45 $47.925.89 $

$ 20,864.86 22.64
36,368.19 83,541.56 89,208.54 69,767.51 32,228.08 20,293.22 56,642.53
8,731.86 771.35
1.500.00 $ 419.940.34

TOTAL INVESTMENT IN PLANT

$2.057.371.55 $64.985.41 $

$2.122.356.96

329

North Georgia College FINANCIAL REPORT
For the Year Ended June 30, 1961

NORTH GEORGIA COLLEGE Dahlonega, Georgia

Merritt E. Hoag
President

H. H. Gilbert, Jr.
Comptroller

331

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand Cash In Bank Time Deposits Accounts Receivable 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

$ 5,085.61
39,853.71 60,000.00
______ 10.00
$ 104,949.32

$ 1,475.00 28,569.70 90,000.00 48,656.60
_______ 435.37

169.136.67 $ 274,085.99

$ 2,423.15 314.50
60.000.00

62,737.65

$ 12,588.79 66,022.44 30,000.00 5.384.00

113,995.23

$ 45,695.28 60,000.00

TOTAL UNEXPENDED

105,695.28

332

NORTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

X. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Federal Funds on Hand Unappropriated Surplus TOTAL GENERAL FUNDS

$ 2,583.65 24,062.00 13,670.41 64.633.26 $ 104,949.32

B. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Stores (Inventories) Unappropriated Surplus TOTAL AUXILIARY FUNDS

$ 1,253.85 12,830.25
48,656.60 106.395.97

169.136.67

TOTAL CURRENT FUNDS

$ 274,085.99

II. AGENCY FUNDS Unearned Income Purchase Orders Outstanding Fund Balances

$

75.50

2,739.29

59.922.86

TOTAL AGENCY FUNDS

62,737.65

III. STUDENT LOAN FUNDS Fund Balances

113,995.23

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS

A. UNEXPENDED

Purchase Orders Outstanding $ 6,269.30

Contracts to be Negotiated

27,847.61

Auxiliary Funds

59,336.40

Educational and General Funds

4,170.89

Timber Account

_____ 8.071.08

TOTAL UNEXPENDED

$ 105,695.28

113,995.23

333

NORTH GEORGIA COLLEGE

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

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

$ 42,568.65 3,744,846.99
182,321.55 901.804.25
$4.871.541.44
$4.977.236.72
$5.428.055.59

334

NORTH GEORGIA COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Loans Payable Investment in Plant

$1,614,956.69 25,837.66
3,230,747.09

TOTAL EXPENDED

$4.871.541.44

TOTAL PLANT FUNDS

$4.977.236.72

TOTAL LIABILITIES

$5.428.055.59

335

NORTH GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Other Student Fees TOTAL STUDENT FEES

$ 5,480.00 97,652.25 13,440.00 12,541.00 3.246.77

132,360.02

PUBLIC APPROPRIATION State of Georgia - Regular Operations

463,000.00

OTHER SOURCES Sales Land Script Gifts and Grants Miscellaheous TOTAL OTHER SOURCES

$

752.52

920.34

16,953.00

_____ 3.546.08

22.171.94

TOTAL EDUCATIONAL AND GENERAL

$ 617,531.96

B. AUXILIARY ENTERPRISES DINING HALL

$ 259,042.72

DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES

14,291.90 25,193.60 16,677.20
7,937.00 44,985.50 24.031.30

133,116.50

STAFF HOUSING (REGULAR)

11,851.20

STAFF HOUSING (SPECIAL)

9,814.35

CANTEEN

179,984.12

MISCELLANEOUS INCOME

2,237.50

TOTAL AUXILIARY ENTERPRISE INCOME

596.046.39

TOTAL CURRENT INCOME

$1.213.578.35

336

M

>f v

irif
f
\

1i


Vr

I

1f.t K*

LLj r

* Mf

r>n4 M|>' y*i f p !

NORTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

___________________ Object Classification_______

Salaries Operating

and

Supplies

Total

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

$

Comptroller's Office

Registrar's Office

TOTAL ADMINISTRATION $

17,962.43 $ 15,843.92 $ 2,118.51 $

20,170.85 18,632.52

1,323.73

11.165.68 10.808.70

356.98

49.298.96 $ 45.285.14 $ 3.799.22 $

214.60 214.60

GENERAL EXPENSE Faculty & Staff Benefits $ Public Relations General Institutional TOTAL GENERAL EXPENSE $

13,092.45 $ 771.00 $ 12,321.45 $

1,903.10

316.56

1,341.29

13.177.99

13.177.99

28.173.54 $ 1.087.56 $ 26.840.73 $

245.25 245.25

STUDENT WELFARE

Dean of Men

$

Dean of Women

Student Hospital

Guidance Program

General Student

TOTAL STUDENT WELFARE $

10,653.95 $ 9,603.17 $ 1,050.78 $

2,002.68

1,999.92

2.76

16,114.66 12,872.01

2,593.12

4,731.94

3,958.57

773.37

2.578.46

1.835.00

743.46

36.081.69 $ 30.268.67 $ 5.163.49 $

649.53 649.53

PHYSICAL PLANT

$ 131.016.44 $ 66.059.54 $ 62,999.81 $ 1,957.09

LIBRARY

$ 42.692.14 $ 20.097.13 $ 11.815.29 $10.779.72

INSTRUCTION

Dean of Faculty

$ 11,125.95

Biology

24,682.41

Business Administration

30,182.96

Chemistry

16,905.16

Education

20,858.99

Home Economics

9,873.79

Languages and Literature

46,747.15

Mathematics

31,025.44

Military

4,430.36

Physical Education

32,545.28

Physics

15,768.60

Social Science

25,689.57

Summer Sessions

29,230.69

Flight Training

2.738.41

TOTAL INSTRUCTION

_ 301.804.76

$ 10,600.08 20,234.37 29,450.22 14,458.75 19,378.35 7,949.21 46,300.32 30,769.93 3,478.35 24,626.79 13,789.18 25,414.98 28,930.00 2.728.51
$278.109.04

$ 525.87 2,123.46 364.79 1,865.78 1,480.64 960.58 446.83 255.51 952.01 7,918.49 1,161.00 274.59 300.69 9.90
$ 18.640.14

$ 2,324.58 367.95 580.63 964.00
818.42
$ 5.055.58

337

NORTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

___________________ Object Classification_______

Salaries Operating

and

Supplies

Total..

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 589.067.53 $440.907.08 $129.258.68 $18.901.77

TRANSFER TO: Plant Funds

19,400.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS
AUXILIARY ENTERPRISES DINING HALL

_ 608.467.53 1 221,778.11 $ 65.617.64 $155.497.13 $ 663.34

DORMITORIES Sanford Hall Barnes Hall Barracks Band House Lewis Hall Gaillard Hall TOTAL DORMITORIES

$ 7,698.86 $ 3,945.81 $ 3,676.29 $ 76.76

14,356.75

6,551.32

7,689.36

116.07

14,894.67

6,512.87

7,410.74

971.06

6,600.93

3,831.12

2,707.98

61.83

48,696.24 17,466.68 30,889.27

340.29

22.578.02

9,496.74 12.232.99

848.29

$ 114.825.47 $ 47,804.54 $ 64.606.63 $ 2 .414.30

STAFF HOUSING (REGULAR) STAFF HOUSING (SPECIAL) CANTEEN

$ 8.318.02 $ 3.764.54 $ 4.309.72 $ $ 4.482.66 $ 1.834.66 $ 2.525.90 $ $ 158.156.95 $ 19.383.45 $138.301.68 $

243.76 122.10 471.82

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$ 507,561.21 $138.404.83 $365.241.06 $ 3.915.32

TRANSFERS TO: Plant Funds - Debt Service Plant Funds - Reserve

16,139.75 30.330.91

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 554.031.87

\L CURRENT EXPENDITURES

$1.096.628.74 $579.311.91 $494.499.74 $22.817.09

338

NORTH GEORGIA COLLEGE
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Receipts Income on Investments New Principal
BALANCE OF PRINCIPAL, JUNE 30, 1961
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Loan Funds $ 53,434.62
630.64 59.929.97 $113.995.23

LOAN FUNDS John H. Moore Senior Class W. M. Smith Loan Fund National Defense Student
TOTAL LOAN FUNDS

Fund Balance

Fund Balance

Julv 1. 1960 Additions June 30. 1961

$ 7,122.05 $ 178.92 $ 7,300.97

790.00

2.50

792.50

500.00

1.72

501.72

45.022.57 60.377.47

105.400.04

$ 53.434.62 $60.560.61 $ 113.995.23

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1961

LOAN FUNDS Bonds - Government Time Deposits Student Notes Receivable
TOTAL LOAN FUNDS

Book Value

Market Value

$ 5,384.00 $ 5,384.00 30,000.00 30,000.00 66.022.44 66.022.44
$101.406.44 $101.406.44

339

NORTH GEORGIA COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance July 1. 1960

Receipts For Year

Disbursements Cash Balance

For Year

June 30. 1961

CURRENT FUNDS

General

$ 95,874.89 $ 617,531.96 $ 608,467.53 $ 104,939.32

Auxiliary

78,030.18

596.046.39

554.031.87

120.044.70

TOTAL CURRENT FUNDS $ 173,905.07 $1,213.578.35 $1,162.499.40 $ 224,984.02

AGENCY FUNDS

$ 58.356.12 $ 145.523.25 $ 139.142.33 $ 64.737.04

LOAN FUNDS

$ 20.956.87 $ 63.436.17 $ 41,804.25 $ 42.588.79

PLANT FUNDS

$ 99.847.36 $ 91.321.94 $ 85.474.02 $ 105.695.28

TOTALS

$ 353.065.42 $1.513.859.71 $1.428.920.00 $ 438.005.13

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Faculty Prepayments Uniform Deposits Breakage Deposits Miscellaneous Deposits Student Activities
TOTAL AGENCY FUNDS

Cash Balance July 1. 1960

Receipts D isbur sement s Cash Balance

For Year

For Year

June 30. 1961

$ 4,133.55 $ 2,313.89 $

11,986.01

83,853.63

10,636.52 21,934.37

2,766.95

6,617.20

28,833.09

30.804.16

4,133.55 $ 87,309.67 11,849.63
7,987.18 27,862.30

2,313.89 8.529.97 20,721.26 1.396.97 31.774.95

$ 58.356.12 $145.523.25 $ 139.142.33 $ 64.737.04

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Auxiliary Replace

ment Reserve $ 53,770.42 $30,330.91

General Fund Balance 1,150.00 2,438.14

Barnes Hall

Rehabilitation

584.31

$(-)24,168.08 $ 59,933.25

(->14.10

3,574.04

(->584.31

340

NORTH GEORGIA COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Barnes Hall

Furnishings $

328.98 $

$

Dining Hall

Rehabilitation Barracks

267.23 7,500.00

Furnishings

1,000.00

Office Equipment

537.70

Price Memorial

Rehabilitation (-)2,108.81 12,500.00 Instructional

Equipment Utilities and

5,608.25

525.00

Grading Lewis Hall

(->18.00

Rehabilitation

5,000.00

Sanford Hall

Rehabilitation Sanford Hall

(->570.02

Furnishings

1,488.65

Dining Hall Equipment (-)13.65

Planetarium Convert Gym to

(->14.10

Warehouse

12,000.00

Band House Apartment 2,500.00

Rentals - Gaillard

Hall

108.50 14,150.00

Campus Development 17,518.00

Timber Escrow Account 875.90 Armory-Drill Hall-

13.14

Gymnasium Equip. (~)166.00 8,400.00 Amortization - Faculty

Housing Gaillard Hall

1,989.75

Rehabilitation

Faculty Housing Equipment

Language Building Campus Paving Library Equipment Dormitory Equipment

3,000.00 3,000.00 7,475.00

$ (->328.98 $

(->13.65

7,753.58

1,000.00 182.35

355.35

56.52

10,334.67

5,393.51

739.74

18.00

4,284.52

715.48

570.02

(->1,488.65 13.65 14.10

4,992.14 4,522.48

1,000.00

7,007.86 (->1,022.48

14,149.80 7,861.80 889.04

(->18.00

108.70 9,638.20

7,969.02

264.98

1,989.75

7,632.76 7,065.10
3,046.76 7,454.20 6,984.27

10,000.00 7,000.00
8,000.00

2,367.24 (->65.10 3,000.00 (->46.76
20.80 1,015.73

TOTALS

$ S9.847.36 $91.321.94 $ . 85.474.02 $

$ 105.695.28

341

NORTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Transfers from General Funds Transfers from Auxiliary Funds State Appropriation Interest on Time Deposits TOTAL ADDITIONS
DEDUCTIONS Buildings and Additions to Buildings Warehouse Price Memorial Band House Lewis Hall Gaillard Hall TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Improvements Other Than Buildings Campus Development
Equipment Office Equipment Instructional Equipment Dormitory Equipment Library Equipment Faculty Housing Equipment Armory-Drill Hall-Gymnasium Equipment TOTAL EQUIPMENT
Indebtedness Retired University of Georgia Endowment Funds
Other Deductions University System Building Authority Rentals Interest on Indebtedness Escrow Payment TOTAL OTHER DEDUCTIONS
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

Funds For Plant
Additions

Funds For Debt
Service .. ... Total

$ 99.738.86 $ 108.50 $ 99.847.36

$ 19,400.00 30,330.91 23,000.00 2.451.28
$ 75.182.19

$ 16,139.75
$16.139.75

$ 19,400.00 46,470.66 23,000.00 2.451.28
$ 91.321.94

$ 4,992.14 $ 56.52
4,522.48 3,284.52 7.632.76
$ 20.488.42 $

$ 4,992.14 56.52
4,522.48 3,284.52 7.632.76
$ 20.488.42

$ 10.908.56 J __

$ 10.908.56

$ 182.35 $ 5,393.51 8,984.27 7,454.20 7,065.10 7.969.02
$ 37.048.45 $

$ 182.35 5,393.51 8,984.27 7,454.20 7,065.10 7.969.02
$ 37.048.45

$

$ 1.179.24 $ 1.179.24

$

$14,149.80 $ 14,149.80

810.51

810.51

889.04

889.04

$ 889.04 $14.960.31 $ 15.849.35

$ 69.334.47 $16.139.55 $ 85.474.02

$105.586.58 $ 108.70 $105.695.28

NORTH GEORGIA COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$4,562,570.80

ADDITIONS Expended from Educational and 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 TOTAL ADDITIONS

$ 18,901.77
3,915.32 68,445.43 224.708.12

315.970.64

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$4,878,541.44

DEDUCTIONS Equipment Sold or Abandoned

7.000.00

INVESTMENT IN PLANT, JUNE 30, 1961

$4,871,541.44

DEDUCT:

Equity of University System Building Authority
Due University of Georgia Endowment Funds

$1,614,956.69 25.837.66

1.640.794.35

NET INVESTMENT IN PLANT, JUNE 30, 1961

$3.230.747.09

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

LAND Old Campus New Campus Old Farm New Farm
TOTAL LAND
BUILDINGS Academic Price Memorial Business Administration Home Economics Military Science Library Auditorium-Dining Hall

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 $

$

164,626.98

56.52

44,500.39

47,869.13

44,076.94

288,836.53

148,508.10 53,412.07

146,525.49

$ 193,342.84 164,683.50 44,500.39 47,869.13 44,076.94 288,836.53 201,920.17 146,525.49

343

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Investment End Of
Additions Deductions _____ Y e a r ____

B. BUILDINGS (CONTINUED)

Central Stores

$ 48,861.64

Band House

32,926.02

Barnes Hall

147,674.28

Barracks

167,156.43

Sanford Hall

54,513.86

Inf irmary

24,660.94

Military Garage

16,165.30

Lewis Hall

481,475.13

Gaillard Hall

498,707.00

Three Maintenance Bldgs.

6,600.00

President's Home

40,721.97

Three Janitors' Homes

6,700.00

Four Unit Faculty Apartment s 40,111.56

One Faculty Home

5,080.61

Four Faculty Homes

24,102.58

Three Faculty Homes

39,418.69

Three Faculty Homes

30,397.40

Six Faculty Homes

53,469.47

Faculty Garage

1,627.96

Warehouse

2,500.00

Six Unit Faculty Apartments 26,625.71

Two Farm Buildings

2,000.00

Two Duplexes

38,405.08

Auditorium-Drill Hall-

$ 4,992.14 4,522.48
3,284.52 111,823.46

$ 7,000.00

$ 53,853.78 37,448.50
147,674.28 167,156.43
54,513.86 24,660.94 16,165.30 484,759.65 603,530.46
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

Gymnasium

662,461.19

Planetarium

10,014.10

Two Unit Faculty Apartment

11.928.34

TOTAL BUILDINGS

$3.552.591.66

21,164.14 $199.255.33

$ 7.000.00

683,625.33 10,014.10 11.928.34
$3 .744.846.99

C. IMPROVEMENTS OTHER THAN

BUILDINGS

Streets and Sidewalks Lighting System

$ 55,797.85 $ 5,454.28 $ 30,063.32

Water System

22,000.00

Sewerage System

43,460.78

Landscaping

20.091.04

TOTAL IMPROVEMENTS OTHER

5.454.28

THAN BUILDINGS

$ 171.412.99 $ 10.908.56 $

$ 61,252.13 30,063.32 22,000.00 43,460.78 25.545.32
$ 182.321.55

EQUIPMENT

Administrative Offices Physical Plant Library

$ 34,097.11 $ 396.95 $ 166,695.14 48,435.99 110,208.20 26,560.03

Instructional Departments

244,301.36

10,449.09

Dormitories

75,466.36

1,225.72

$ 34,494.06 215,131.13 136,768.23 254,750.45 76,692.08

344

*1 *
< k *
H

NORTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Dormitories (USBA) Dining Hall Pine ValleyFaculty Housing Canteen TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions Deductions

Investment End Of Year

$ 70,863.80 $ 10,172.85 $

52,924.84

663.34

1,940.17

17,650.74

7,430.96

21.849.78

471.82

$ 795.997.50 $105.806.75 $

$ 81,036.65 53,588.18 1,940.17 25,081.70 22.321.60
$ 901.804.25

$4.562.570.80 $315.970.64 $ 7.000.00 $4.871.541.44

345

Georgia State College for Women FINANCIAL REPORT
For the Year Ended June 30, 1961

GEORGIA STATE COLLEGE FOR WOMEN Milledgeville, Georgia

Robert E. Lee
President

Herbert A. Meyer
Comptroller

347

GEORGIA STATE COLLEGE FOR WOMEN
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Temporary Investments Accounts Receivable - Students Stores Inventory - Warehouse

$ 33,190.57 75,000.00 146.00 32,573.63

TOTAL GENERAL FUNDS

$ 140,910.20

B. RESTRICTED Cash in Bank Accounts Receivable TOTAL RESTRICTED FUNDS

$ 60,468.26 10.462.24

70,930.50

C. AUXILIARY Cash in Bank Accounts Receivable - Students Inventory - Bookstore Inventory - Atkinson Dining Hall

$ 83,080.04 538.50
15,227.83 26,009.43

TOTAL AUXILIARY FUNDS

124.855.80

TOTAL CURRENT FUNDS

$ 336,696.50

II. AGENCY FUNDS Cash in Bank Temporary Investments

$ 11,172.26 16.000,00

TOTAL AGENCY FUNDS

27,172.26

III.

ENDOWMENT FUNDS

Cash in Bank

Investments:

U. S. Savings Bonds

$

U. S. Treasury Bonds

University System Building

Authority Bonds

Other Bonds

Mortgage Note - Parkhurst Apartment

Building

Common Stocks

Student Notes Receivable

85,700.00 80.500.00
71.500.00 7,750.00
106,294.38 701.43
11.800.29

$ 21,511.74 364.246.10

TOTAL ENDOWMENT FUNDS

385,757.84

348

f* . *
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T
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A
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W'h'. j1^1>. 5
m>

GEORGIA STATE COLLEGE FOR WOMEN
BALANCE SHEET June 30, 1961
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

$ 4,030.75 4,883.48
22.127.00 18.778.00
2,158.39 80.00
32,573.63 56.278.95
$ 140,910.20

B. RESTRICTED Fund Balance

$ 70,930.50

TOTAL RESTRICTED FUNDS

70,930.50

C. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus TOTAL AUXILIARY FUNDS

$ 1,969.11 669.31
20,247.95 41,237.26 60.732.17

124.855.80

TOTAL CURRENT FUNDS

$ 336,696.50

II. AGENCY FUNDS Fund Balance

$ 27,172.26

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance

$ 385,757.84

27,172.26

TOTAL ENDOWMENT FUNDS 349

385,757.84

GEORGIA STATE COLLEGE POR WOMEN

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

IV. STUDENT LOAN FUNDS

Cash In Bank

Temporary Investments - Time Deposits

Investments:

U. S. Savings Bonds

$

U. S. Treasury Bonds

University System Building

Authority Bonds

Notes Receivable - Students:

College Loan Funds

N. D. E. A. - Federal Loan Funds

1,000.00 6,000.00
19.500.00
3,431.50 63.042.00

2,745.04 25,000.00
92.973.50

TOTAL STUDENT LOAN FUNDS

120,718.54

V. PLANT FUNDS

A. UNEXPENDED

Cash in Bank

$

Temporary Investments - Time Deposits

TOTAL UNEXPENDED

69,275.06 90.000.00
$ 159,275.06

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

$ 269,739.23 3,631,353.64 405,537.95 1.542.861.27

5.849.492.09

TOTAL PLANT FUNDS

6.008.767.15

TOTAL ASSETS

$6.879.112.29

350

LIABILITIES (CONTINUED)
IV. STUDENT LOAN FUNDS Fund Balance

GEORGIA. STATE COLLEGE FOR WOMEN BALANCE SHEET June 30, 1961
$ 120,718.54

TOTAL STUDENT 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 Investment in Plant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 120,718.54

$ 46,293.11 112.981.95 $ 159,275.06

$ 268,507.20 106,294.38
5.474.690.51

5.849.492.09

6.008.767.15

.$6.879.112.29

351

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted Income

Total Income

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer School Music Placement Bureau Graduation and Other Fees TOTAL STUDENT FEES

$ 4,520.00 $ 111,226.75 13,176.00 27,304.25 3,916.50 142.00 5.548.01
$ 165.833.51 $

$ 4,520.00 111,226.75 13,176.00 27,304.25 3,916.50 142.00 5.548.01
$ 165.833.51

PUBLIC APPROPRIATIONS State of Georgia Vocational Funds Division of General Extension Baldwin County TOTAL PUBLIC APPROPRIATIONS

$ 663,000.00 $

$ 663,000.00

13,007.20

13,007.20

2,400.00

2,400.00

40.121.38

40.121.38

665.400.00 $ 53.128.58 $ 718.528.58

OTHER SOURCES Interest Earned - Time Deposits Nursery School Kindergarten Home Management House Miscellaneous TOTAL OTHER SOURCES

$ 3,087.51 $ 3,673.25 2,212.50 1,772.50 1.043.75
$ 11.789.51 $

$ 3,087.51 3,673.25 2,212.50 1,772.50 1.043.75
$ 11.789.51

NATIONAL DEFENSE EDUCATION ACT OF

1958

$

$ 86.319.00 $ 86.319.00

TOTAL EDUCATIONAL AND GENERAL INCOME L . 843.023.02 $139.447.58 $ 982.470.60

B. AUXILIARY ENTERPRISES ATKINSON DINING HALL

L . 250.911.92 $

$ 250.911.92

DORMITORIES Beeson Hall Bell Hall Ennis Hall Sanford Hall Terrell Halls TOTAL DORMITORIES

$ 18,416.00 $ 28,918.18 12,162.50 18,413.10 47.169.10
i - 125.078.88 $

$ 18,416.00 28,918.18 12,162.50 18,413.10 47.169.10
$ 125.078.88

APARTMENTS AND OTHER RENTALS Miller Court Apartments Parkhurst Apartments

$ 3,445.00 $ 13,456.93

$ 3,445.00 13,456.93

352

1
4 Ali
M1

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT INCOME (CONTINUED)

General Income

Restricted Income

Total Income

B. AUXILIARY ENTERPRISES (CONTINUED)

APARTMENTS AND OTHER RENTALS (CONTINUED)

Family Dwelling Units TOTAL APARTMENTS AND OTHER

$ 5.635.00 $

RENTALS

$ 22.536.93 $

$ 5.635.00 $ 22.536.93

LAUNDRY

$ 46.192.40 $

46.192.40

STUDENT UNION

$ 72.451.09 $

$ 72.451.09

TOTAL AUXILIARY ENTERPRISE INCOME

$ 517.171.22 $

$ 517.171.22

C. STUDENT AID

GIFTS AND GRANTS

Thomaston Mills Scholarship Fund $ Milledgeville Scholarship Fund

TOTAL GIFTS AND GRANTS

$

$ 1 ,0 0 0 .0 0 $ 1.450.00
$ 2.450.00 $

1 ,0 0 0 .0 0 1.450.00 2.450.00

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. Mitchell Fund

Sylvester Mumford Memorial Scholar-

ship Fund

Anna Brown Small Fund

Hallie Claire Smith Scholarship Fund

Blanche C. Tait Scholarship Fund

Elizabeth Andrews Scott Fund

TOTAL ENDOWMENTS

$

$

30.00 $

60.00

190.45

112.40

50.00

2,726.55

1,418.25

30.00 60.00 190.45 112.40 50.00 2,726.55 1,418.25

5,278.01 47.50 35.00 17.50 35.68
$ 10.001.34 $

5,278.01 47.50 35.00 17.50 35.68
10.001.34

TOTAL STUDENT AID

$ 12.451.34

12.451.34

TOTAL CURRENT INCOME

$1.360.194.24 $151.898.92 $1.512.093.16

353

GEORGIA STATE COLLEGE FOR WOMEN

STATEMENT OF CURRENT EXPENDITURES

For Year Ended June 30, 1961

fl

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Wages

& Expense Equipment

EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

19,807.08 $

Comptroller's Office

29,334.39

Registrar's Office

15.090.48

TOTAL ADMINISTRATION $ 64.231.95 $

$ 15,917.37 $ 28,089.41 14.058.20
$ 58.064.98 $

3,516.21 $ 1,204.98
797.03 5.518.22 $

373.50 40.00 235.25 648.75

GENERAL EXPENSE Alumnae Office Faculty & Staff Benefits Public Relations General Institutional TOTAL GENERAL EXPENSE $

9,659.07 $ 13,922.09 10,352.46 21.283.80 55.217.42 $

8,348.16 $ 1,197.41 $ 6,078.86 7,843.23 8,321.91 2,030.55 62.34 4.480.15 16.618.65 62.34 $ 27.229.08 $ 27.689.84 $

113.50
247.34 360.84

STUDENT WELFARE Dean of Students Health Service Placement Bureau Student Personnel Vol. Religious Activity Lake Laurel Camp Ray Admissions & Counseling TOTAL STUDENT WELFARE $

16,943.79 13,154.09
1,526.34 1,950.00 5,133.32 1,513.79
422.16 16.689.74 57.333.23 $

$ 16,350.85 $ 10,602.61 1,479.67 1,950.00 5,133.32 1,009.83 150.00 11.946.33
$ 48.622.61 $

592.94 1,806.48
46.67
503.96 272.16 4.743.41 7.965.62 $

745.00 745.00

PHYSICAL PLANT OPERATIONS LIBRARY

36.507.41 $

$ 22.404.52 $ 1.275.85 $12,827.04

INSTRUCTION

Academic Dean

$

Art

Biology

Business Administration

Chemistry & Physics

Education

English

Health & Physical Education

History & Political Science

Home Economics

Mathematics

Music

Psychology

Romance Languages

13,512.12 $ 17,824.11 20,147.12 32,340.01 21,030.23 48,209.38 40,266.35 35,891.87
8,114.16 36,007.14 12,641.05 37,659.22
7,111.91 14,171.24

$ 13,340.00 $ 16,629.53 18,361.27 28,342.59 18,588.53 43,250.31 39,727.55 34,224.52 8,029.80 32,815.00 12,466.05 33,536.59 7,033.32 13,349.54

172.12 $

1,122.58

72.00

1,199.65

586.20

1,998.05 1,999.37

1,903.18

538.52

4,221.33

737.74

319.80

219.00

1,226.83

440.52

84.36

2,606.74

585.40

175.00

3,278.99

843.64

78.59

716.75

104.95

354

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GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

INSTRUCTION (CONT.)

Sociology, Economics &

Geography Summer Session

$ 24,825.13 $ 48,470.85

General Institutional

Expense

1,406.25

TOTAL INSTRUCTION

419.628.14 $

$ 24,125.50 $ 47,725.42

324.63 $ 375.,00 745.43

806.25

600.00

$392.351.77 $ 20.774.03 $ 6.502.,34

ACTIVITIES RELATED TO INSTRUCTION
Peabody Practice School $ Home Management Houses Nursery School
TOTAL ACTIVITIES RELATED TO INSTRUCTION

13,447.87 $40,429.67 $ 52,451.93 $ 1,425.61 $

1,921.65

1,921.65

9.772.73

8.397.43

1.250.06

25.142.25 $40.429.67 $ 60.849.36 $ 4.597.32 $

125.,24 125.,24

RESEARCH

1-

EXTENSION AND PUBLIC SERVICE

Extension & Correspond-

ence

$

Vocational Home Economics

TOTAL EXTENSION AND

PUBLIC SERVICE

_

655.01 $

$ 198.68 $ 161.33 $

2,400.00 $

$ 2,400.00 $

$

601.35 12.698.91 10.128.27

2.580.79

3.001.35 $12.698.91 $ 12.528.27 $ 2.580.79 $

295.,00
591. 20 591. 20

STORES EXPENDITURES (NET)
NATIONAL DEFENSE EDUCATION ACT OF 1958 - LANGUAGE LABORATORY

7.166.36 $

-3___________ 3_ 7.166.36 $

$29.206.70 $ 11.015.34 $ 18.191.36 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 797,756.10 $82.397.62 $695.958.86 $161.750.55 $22.444.31

TRANSFER TO: Plant Funds

70.352.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 868.108.10

B. AUXILIARY ENTERPRISES ATKINSON DINING HALL

$ 213.373.29 $

$ 55.915.63 $156.362.11 $ 1.095.55

355

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense__Equipment

B.

)

RESIDENCE HALLS

Atkinson Beeson

$ 2,154.79 $ 15,112.05

Bell

21,377.11

Ennis

14,632.14

Sanford

20,146.85

Terrell

33.251.58

TOTAL RESIDENCE HALLS $ 106.674.52 $

APARTMENTS AND OTHER RENTALS

Alumnae Guest House

'$

Miller Court Apartments

Parkhurst Apartments

Family Dwelling Units

TOTAL APARTMENTS AND

RENTALS

$

1,476.61 $ 3,051.09 7,084.21 1.812.65
13.424.56 $

$ 691.41 $ 1,463.38 $

7,436.83 6,927.94

747.28

13,667.28 7,298.80

411.03

7,516.72 6,829.26

286.16

11,724.39 8,323.58

98.88

18.386.82 14.132.70

732.06

$ 59.423.45 $ 44.975.66 $ 2.275.41

$ 779.41 $ 697.20 $ 1,019.10 2,031.99 2,689.12 4,395.09 679.41 1.133.24
$ 5.167.04 $ 8.257.52 $

LAUNDRY

$ 35.025.25 $

$ 26.589.98 $ 8.400.27 $ 35.00

STUDENT UNION

$ 66.245.16 $

$ 9.463.61 $ 55.782.65 $ 998.90

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$ 434.742.78 $

$156.559.71 $273.778.21 $ 4.404.86

TRANSFERS TO: e on
Plant Funds - Replacement Reserve

7,405.53 1,350.00
25.839.37

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
C. STUDENT AID SCHOLARSHIPS

1 - 469.337.68

$

$13.113.99 $

$ 13.113.99 $

TOTAL CURRENT EXPENDITURES

H i .232.498.88 $95.511.61 $852.518.57 $448.642.75 $26.849.17

M *k >1 t
'^*13 v9

356

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance Julv 1. 1960

Receipts Disbursements

Balance

For Year

For Year

June 30. 1961

EDUCATIONAL AND GENERAL

Baldwin County

$ (-)5,512.44 $ 40,121.38 $

Vocational Home

Economics

(-)4,949.80 13,007.20

Mamie Padgett Art Fund

405.42

40,429.67 $ (->5,820.73

12,698.91 62.34

(->4,641.51 343.08

TOTAL EDUCATIONAL AND

GENERAL

$(-)10.056.82 $ 53.128.58 $ 53.190.92 $(->10.119.16

STUDENT AID

ENDOWMENT FUNDS

J. L. Beeson Schol-

arship Fund

$ (->122.58 $

J. H. Chappell Schol

30.00 $

arship Fund

157.68

60.00

Faculty Scholarship

Fund

352.83

190.45

A. A. Lowe Scholarship

Fund

551.77

112.40

Agnes Green Martin

Scholarship Fund

25.00

50.00

Corrie Hoyt Brown

Scholarship Fund

4,009.46

2,726.55

Thomas E. Mitchell

Fund

3,252.31

1,418.25

Sylvester Mumford

Memorial Schol-

arship Fund

1,931.32

5,278.01

Anna Brown Small Fund

157.69

47.50

Hallie C. Smith Schol-

arship Fund

121.87

35.00

Blanche C. Tait Schol-

arship Fund

66.97

17.50

Elizabeth Andrew Scott

Fund

(->13.11

35.68

TOTAL ENDOWMENT

FUNDS

$ 10.491.21 $ 10.001.34 $

$
50.00 100.00 100.00 2,560.00 1,800.00

(->92.58 217.68 493.28 564.17
(->25.00 4,176.01 2,870.56

4,251.66

2,957.67 205.19

100.00

56.87

100.00

(->15.53

22.57

9.061.66 $ 11.430.89

GIFTS AND GRANTS

Writers' Fund

$

Thomaston Mills

Scholarship Fund

Milledgeville Schol-

arship Fund

100.00 $

$

1,500.00

1 ,0 0 0 .0 0

1,909.71

1,450.00

$ 1 ,0 0 0 .0 0 3,052.33

100.00 1,500.00
307.38

357

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance July 1. 1960

Receipts Disbursements

Balance

For Year

For Year

June 30. 1961

B. STUDENT AID (CONT.)

GIFTS AND GRANTS (CONT.)

Junior College Schol

arship Fund

_____ 136.85 $_____________ $

TOTAL GIFTS AND

GRANTS

$ 3.646.56 $ 2.450.00 $

$______ 136.85 4.052.33 $ 2.044.,23

TOTAL STUDENT AID

1 -- 14.137.77 $ 12.451.34 $

C. FEDERAL FUNDS National Defense Education Act of 1958 Language Laboratory ___

$ 86.319.00 $

TOTAL RESTRICTED FUNDS

$ 4.080.95 $151.898.92 $

13.113.99 $
29.206.70 $ 95.511.61 $

13.475.,12
57.112.,30 60.468.26

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Gifts and Grants Income on Investments Gain on Investments Receipts from Gifts in Trust National Defense Student Loan Fund TOTAL ADDITIONS
DEDUCTIONS Transferred to Restricted Funds Loans Collected N. D. S. L. F. TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, JUNE 30, 1961

Endowment Funds

Loan Funds

Total

$381.428.43 $ 86.226.83 $467.655.26

$ 381.19 10,001.34 117.29 3,830.93
$ 14.330.75

$ 1,183.72 26.92
33.760.33 $ 34.970.97

$ 381.19 11,185.06 144.21 3,830.93 33.760.33
$ 49.301.72

$ 10,001.34 $ $ 10.001.34 $

129.26 $ 10,130.60

350.00

350.00

479.26 $ 10.480.60

$385.757.84 $120.718.54 $506.476.38

358

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Fund Balance

Fund Balance

July 1. I960... Additions Deductions June 30. 1961

ENDOWMENT FUNDS

J. L. Beeson Scholarship

Fund

$ 1,502.32 $ 30.00 $ 30.00 $ 1,502.32

J. H. Chappell Scholarship

Fund

2,463.33

60.00

60.00

2,463.33

Faculty Scholarship Fund

11,285.05

571.64

190.45

11,666.24

A. A. Lowe Scholarship Fund

4,000.00

112.40

112.40

4,000.00

Corrie Hoyt Brown Scholar-

ship Fund

98,023.53 5,335.40 2,726.55

100,632.38

Sylvester Mumford Memorial

Scholarship Fund

200,909.83 5,371.73 5,278.01

201,003.55

Thomas E. Mitchell Fund

57,265.32 2,640.33 1,418.25

58,487.40

Anna Brown Small Fund

2,232.50

47.50

47.50

2,232.50

Hallie C. Smith Scholarship

Fund

1,245.78

35.00

35.00

1,245.78

Blanche C. Tait Scholarship

Fund

699.34

17.50

17.50

699.34

Agnes Green Martin Scholarship

Fund

1 ,1 0 0 .0 0

50.00

50.00

1 ,1 0 0 .0 0

Elizabeth Andrews Scott Fund

701.43

59.25

35.68

725.00

TOTAL ENDOWMENT FUNDS $ 381.428.43 $14.330.75 $10.001.34 $ 385.757.84

LOAN FUNDS

Atlanta G. S. C. W. Loan

Fund

$

129.26 $

$

Earl Bailey Loan Fund

25.00

Callie C. Bell D. A. R. Fund

256.27

3.00

Philo S. Bennett Loan Fund

1,320.38

33.00

Lizzie D. W. Bridges Loan Fund

200.00

3.00

G. S. C. W. Student Defense

Fund

725.00

10.50

History Club

267.15

L. Morel Loan Fund

2,735.19

62.25

Sylvester Mumford Memorial

Loan Fund

4,142.80

96.75

Alice W. Shinholser #1

1,921.09

30.00

Alice W. Shinholser #2

1,777.55

40.50

Jos. M. Terrell Loan Fund

14,070.81

323.00

Thomaston Mills Loan Fund

8,925.69

393.44

Fannie Trammell D. A. R. Loan

Fund

8,691.29

215.20

Grace Beatty Watson Loan Fund

188.35

National Defense Student Loan

Fund

40.851.00 33,760.33

TOTAL LOAN FUNDS

$ 86.226.83 $34.970.97 $

129.26 $

25.00 259.27 1,353.38 203.00

735.50 267.15 2,797.44

4,239.55 1,951.09 1,818.05 14,393.81 9,319.13

8,906.49 188.35

350.00

74.261.33

479.26 $ 120.718.54

359

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts For Year

Disbursements Cash Balance

For Year

June 30. 1961

CURRENT FUNDS

General Restricted

$ 133,275.65 $ 843,023.02 $ 868,108.10 $ 108,190.57

4,080.95

151,898.92

95,511.61

60,468.26

Auxiliary

35.246.50

517.171.22

469.337.68

83.080.04

TOTAL CURRENT FUNDS $ 172.603.10 $1.512.093.16 $1.432.957.39 $ 251.738.87

AGENCY FUNDS

$ 39.266.46 $ 117.304.11 $ 129.398.31 $ 27.172.26

TRUST FUNDS Loan Funds Endowment Funds TOTAL TRUST FUNDS

$ 25,906.33 $ 16.549.97
$ 42.456.30 $

34,944.05 $ 8.868.05
43.812.10 $

33,105.34 $ 3.906.28
37.011.62 $

27,745.04 21.511.74 49.256.78

PLANT FUNDS

$ 108.856.84 $ 134.161.31 $ 83.743.09 $ 159.275.06

TOTALS

$ 363.182.70 $1 ,.807.370.68 $1.683.110.41 $ 487.442.97

BANK BALANCES

THE MILLEDGEVILLE BANKING COMPANY Demand Deposits Time Deposits
EXCHANGE BANK OF MILLEDGEVILLE Demand Deposits Time Deposits
TOTAL BALANCES, JUNE 30, 1961

$271,492.10 196.000.00 $467,492.10

$ 9,950.87 10.000.00

19.950.87

$487.442.97

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year____ June 30. 1961

Hospitalization Insurance

Account

$ 7,131.39 $

90.00 $

Student Bank

11,432.72 91,224.23

Student Activities Account

20.702.35

25.989.88

$ 94,824.92 34.573.39

7,221.39 7,832.03 12.118.84

TOTAL AGENCY FUNDS

$ 39.266.46 $117.304.11 $ 129.398.31 $ 27.172.26

360

GEORGIA STATE COLLEGE FOR WOMEN
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 3Q, ,1961

REPLACEMENT RESERVE

$ 29.339.61 ? 25.839.37 $

$ 8.885.87 $ 46.293.11

BUILDINGS

Education Building

$ (->16.07 $

$

Chappell Hall

16,463.24

385.25

Parks Hall

1,434.84

Sidney Lanier Hall

500.00

Porter Hall

5,539.62

Governor's Mansion

8,833.13 15,000.00

Health & Physical Education Building

4,859.91 1 ,1 0 0 .0 0

Peabody Classroom Building 677.23 2 ,0 0 0 .0 0

Russell Auditorium

3,048.35

Terrell Hall

8,187.19

Peabody Elementary School 2,500.00

Student Union

2,756.67

2,700.00

Renovation Rest Rooms -

Lanier, Parks, &

Education Building

35,000.00

Mayfair Hall

12.500.00

TOTAL BUILDINGS

$ 54.784.11 $ 68.685.25 $

$ (->16.07 $

1,312.11

9.75

2,963.10 (->1,539.33

375.00

125.00

3,914.00

1,625.62

1 ,0 2 2 .2 2

5,928.70 427.75
18,578.72 2,515.00 5,433.35

31.21 (->2,245.00
1,229.26 (->10,168.13
(->15.00 23.32

10.864.87

1.500.00

53.334.82 $ (->9.439.37 $

15,526.63 11.07
22,810.91
4,494.48 1,819.09 (->223.40
35,000.00 135.13
79.573.91

IMPROVEMENTS OTHER THAN

BUILDINGS

Lake Laurel Lodge &

Road

$ (->129.82 !?

$

Tennis Court Construction

20.16

Electrical Service Lines

1 0 .0 0 0 .0 0

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ (->109.66 !5 1 0 .0 0 0 .0 0 $

$ (->129.82 $ 20.16 1 0 .0 0 0 .0 0
$ (->109.66 $ 1 0 .0 0 0 .0 0

EQUIPMENT AND FURNITURE

Art Department

$

154.00 1?

Biology Department

227.87

College Laundry

7,014.02

Music Department Business Administration

555.00 1.50

Home Economics Department

(->9.75

Health & Physical Education 300.65

Romance Languages &

Literature

(->240.00

Chemistry Department

53.17

History & Political Science

26.20

Library

718.08

$ 2,975.00
300.00

$ 231.05 5,835.60 553.00 2,941.00
149.00

$
1.50 (->9.75

(->240.00

985.50

26.20

154.00 (->3.18 1,178.42
2.00 34.00
151.65
53.17
32.58

361

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

J u f t 1, I960 R e c e i p t s _Disbursements__ Transfers__June 30. 1961

EQUIPMENT AND FURNITURE (CONT.)

Atkinson Dining Hall $ 334.95 $

$

Governor's Mansion

738.08 300.00

Mimeograph Department

5.00

Home Management House

39.51

Research

50.00

Comptroller's Office

5,177.00

Education Department

1.000.00

TOTAL EQUIPMENT AND

FURNITURE

9.968.28 $ 9.752.00 $

356.89 $ 952.69
998.01 13.002.74 $

$ 5.00 39.51 50.00
(-)127.54 $

(-)21.94 85.39
5,177.00 1.99
6.845.08

OTHER

Campus Carillon

$ 14,083.80 $ 450.00 $

Russell Auditorium Public

Address System

(-)229.26

Organ Repairs

10.000.00

TOTAL OTHER

13.854.54 $ 10.450.00 $

$
10.000.00 10.000.00 $

$ (-)229.26 (-)229.26 $

14,533.80 14.533.80

INTEREST - TIME DEPOSITS UNASSIGNED

1.019.96 $ 2.029.16 $

$ 1.019.96 $ 2.029.16

TOTALS

108.856.84 $126.755.78 $ 76.337.56 $

$ 159.275.06

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Regents Appropriation From Educational and General Surplus From Auxiliary Enterprises From Student Union (Auxiliary Enterprises) From Student Activities Fees Interest Earned - Time Deposits From Sale of Obsolete Equipment TOTAL ADDITIONS

Funds For Funds For

Plant

Debt

Additions Service Total

$108.856.84 $

$108.856.84

$ 25,000.00 $

$ 25,000.00

70,352.00

70,352.00

25,839.37 7,405.53 33,244.90

1,350.00

1,350.00

1,350.00

1,350.00

2,479.16

2,479.16

385.25

385.25

$126.755.78 $7.405.53 $134.161.31

362

II
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>11 <1
1
>9 ^

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS Buildings and Additions Academic Buildings Dormitories Administration Building Governor's Mansion TOTAL BUILDINGS
Equipment and Furniture Equipment - Instructional Repairs to Organ Equipment - Laundry Equipment - Library Furniture - Student Union Equipment - Dining Hall Refrigerator - Mansion TOTAL EQUIPMENT AND FURNITURE
Indebtedness Retired Loan Repaid - Endowment Funds
Other Deductions Interest on Indebtedness
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

Funds For Plant
Additions

Funds For Debt
Service _

Total

$ 25,337.43 $ 18,578.72 2,963.10 1 .0 2 2 .2 2
$ 47.901.47 $

$ 25,337.43 18,578.72 2,963.10 1 .0 2 2 .2 2
$ 47.901.47

$ 4,872.06 $ 1 0 ,0 0 0 .0 0 5,835.60 985.50 5,433.35 356.89 952.69
$ 28.436.09 $

$ 4,872.06 1 0 ,0 0 0 .0 0 5,835.60 985.50 5,433.35 356.89 952.69
$ 28.436.09

3___________ $4,632.36 $ 4.632.36

i___________ $2,773.17 $ 2.773.17 $ 76.337.56 $7,405.53 $ 83.743.09

$159,275.06 $

$159,275.06

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds Expended from Auxiliary Enterprises Expended from Plant Funds TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 30, 1961

$5,746,305.36

22,444.31 4,404.86
76.337.56

103.186.73

$5,849,492.09

363

GEORGIA STATE COLLEGE FOR WOMEN SUMMARY OF INVESTMENT IN PLANT (CONTINUED)

DEDUCT:

Loan Payable to Endowment Funds Equity of University System Building Authority in
Charles F. Herty Hall (Science Building)

NET INVESTMENT IN PLANT, JUNE 30, 1961

$ 106,294.38 268.507.20 $ 374.801.58 $5.474.690.51

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Year Acauired

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

LAND Main Campus - 19% Acres Ennis - Mansion - 3 Acres Mayfair Lot Peabody Lot - 2% Acres Boddie Lot (Peabody) Rivers Lot (Peabody) Davis Lot (Peabody) Gilbert Park Lot - Wilkinson &
Montgomery Streets Lot - Columbia & Green
Streets Humber Lot Lot - Sanford Hall Government Park Lot - Montgomery & Wayne
Streets Barnes Lot Montgomery Street Lot Gilstrap Lot Nursery School Lot
(Peabody) Lake Laurel Tract Camp Ray Tract Montgomery Street Lot Lot - Wilkinson Street Lot - Wilkinson &
Montgomery Streets TOTAL LAND

1939 1937 1940 1946 1957 1946
1946
1947 1944 1937
1934 1944 1948 1944
1950 1938 1941 1951 1951
1952

$ 1 1 0 ,0 0 0 .0 0 $ 50,000.00 7,500.00 9,000.00 700.00 1,800.00 4,369.58 1 0 ,0 0 0 .0 0
4,500.00
5,000.00 3,500.00 6 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0
4,500.00 2 ,0 0 0 .0 0 3,000.00 2 ,0 0 0 .0 0
2,500.00 7,500.00 7,500.00 8,213.00 3,156.65
7.000.00 $ 269.739.23 $

$

$ 1 1 0 ,0 0 0 .0 0

50,000.00

7,500.00

9,000.00

700.00

1,800.00

4,369.58

1 0 ,0 0 0 .0 0

4,500.00

5,000.00 3,500.00 6 ,0 0 0 .0 0 1 0 ,0 0 0 .0 0

4,500.00 2 ,0 0 0 .0 0 3,000.00 2 ,0 0 0 .0 0

2,500.00 7,500.00 7,500.00 8,213.00 3,156.65

7.000.00 _ J __________ $ 269.739.23

364

GEORGIA STATE COLLEGE FOR WOMEN STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS

Sidney Lanier Hall

1927

Atkinson Hall

1897

Beeson Hall

1937

Bell Hall & Annex

1925

Chappell Hall

1908

Education Building

1927

Ennis Hall

1918

Health & Physical Education 1939

Home Management House

1947

Ina Dillard Russell Library 1928

Alumnae Guest House

1898

Executive Mansion

1891

Mayfair Hall

1939

Miller Hall

1943

Parkhurst Apartments

1949

Parks Hall

1925

Parks Memorial Infirmary 1929

Peabody Classroom Building 1927

Peabody Elementary School 1939

Porter Hall & 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 & C 1922

Log Hut - Nesbit 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 &

Montgomery

1952

Residence #1 - Wilkinson

Street

1952

Residence #2 - Wilkinson

Street

1952

Nursery School - New Bldg. 1957

Physical Plant Warehouse 1957

TOTAL BUILDINGS

$ 111,133.62 $ 375.00 $

222,370.65

130,605.31

234,576.40

116,872.70

1,312.11

69,519.04

134,420.18

187,316.97

5,928.70

37,500.00

119,876.40

76,503.34

125,850.34

1 ,0 2 2 .2 2

26,174.78 10,864.87

50,000.00

157,502.33

167,648.14

2,963.10

53,597.78

80,678.24

130,000.00

2,515.00

110,830.63

3,914.00

139,926.65

162,103.66

$ 111,508.62 222,370.65 130,605.31 234,576.40 118,184.81 69,519.04 134,420.18 193,245.67 37,500.00 119,876.40 76,503.34 126,872.56 37,039.65 50,000.00 157,502.33 170,611.24 53,597.78 80,678.24 132,515.00 114,744.63 139,926.65 162,103.66

358,185.81 170,191.18
65,102.53 138,207.62
4,283.55 10,511.11 23,629.82

18,578.72

358,185.81 170,191.18
83,681.25 138,207.62
4,283.55 10,511.11 23,629.82

50,000.00 6,996.89
15,001.60

50,000.00 6,996.89
15,001.60

11,600.00

11,600.00

6,298.29

6,298.29

5,500.00 45,768.75 27.595.61 $3.583.879.92

$ 47.473.72 J_____

5,500.00 45,768.75 27.595.61 $3.631.353.64

365

1
GEORGIA STATE COLLEGE FOR WOMEN
9
STATEMENT OF INVESTMENT IN PLANT (CONTINUED) Am

Investment

Year

Beginning

End Of

Acquired

Of Year

Additions Deductions

Year

|

C. IMPROVEMENTS OTHER THAN



BUILDINGS

Electric Water Coolers

$ 3,786.00 $

$

$ 3,786.00

Tennis Courts Landscaping & Shrubbery Campus Bell System Bessie Lindenstruth Carillon Campus Heating System

14,079.84 13,000.00
2,760.00 37,078.70 2 0 0 ,0 0 0 .0 0

14,079.84

13,000.00

2,760.00 37,078.70

I

2 0 0 ,0 0 0 .0 0

ft

Campus Electrical Distribution

System & Transformer Vaults Campus Water Distribution

69,785.48

69,785.48 m

System

26,647.93

26,647.93

TO

Swimming Pool - Gilbert Park

25,000.00

25,000.00

Well & Pump House - Lake

3

Laurel

4 ,0 0 0 .0 0

4,000.00

Spillways - Lake Laurel TOTAL IMPROVEMENTS OTHER

9.400.00

9.400.00 M

THAN BUILDINGS

$ 405.537.95 $

$

$ 405.537.95

D. EQUIPMENT Administrative Offices

$ 39,723.99 $ 1,754.59 $

$ 41,478.58

1

Parks Memorial Infirmary

11,446.34

11,446.34

Extension Office

1,528.95

1,528.95

Ina Dillard Russell Library

337,249.16 13,812.54

351,061.70

Instructional Departments

General Liberal Arts Department

332,768.42 21,037.58

353,806.00

1

General Scientific Equipment

22,284.37

1,355.77

23,640.14

Research Equipment

5,258.63

295.00

5,553.63

Activities Related to Instruction

13,668.89

125.24

13,794.13

w

Physical Plant Equipment

225,179.45

348.90

225,528.35

Governor's Mansion - Furnishings

6,261.92

952.69

7,214.61

I

Unclassified Equipment General Campus

6,495.00

6,495.00

Auxiliary Enterprises

1

Dining Hall & Kitchen

152,920.73

1,452.44

154,373.17

Cafeteria

16,028.77

16,028.77

Residence Halls

218,705.91

2,275.41

220,981.32

9

Parkhurst Apartments

11,738.75

11,738.75

College Laundry

54,934.15

5,870.60

60,804.75

Student Union

30.954.83

6.432.25

37.387.08

J

TOTAL EQUIPMENT

$1.487.148.26 $ 55.713.01 $

$1.542.861.27

TOTAL INVESTMENT IN PLANT

$5.746.305.36 $103.186.73 $

$5 .849.492.09

wt

jf

3
366

Georgia Southern College FINANCIAL REPORT
For the Year Ended June 30, 1961

GEORGIA SOUTHERN COLLEGE Collegeboro, Georgia

Zach S. Henderson
President

William M. Dewberry
Comptroller

GEORGIA SOUTHERN COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash In Bank Petty Cash Accounts Receivable Bulloch County Veterans Administration Students Central Stores Inventory TOTAL GENERAL FUNDS

$10,571.00 98.00 49.00

B. AUXILIARY Cash in Bank Petty Cash Time Deposits Accounts Receivable Stores Inventory Bookstore Industrial Arts Resale Dining Hall Snack Bar TOTAL AUXILIARY FUNDS

$24,186.26 2,958.06
16,826.56 549.61

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Time Deposits TOTAL UNEXPENDED

110,602.61 2 ,000.00
10,718.00 10.338.27
$ 133,658.88
37,609.19 500.00
150,000.00 238.00

44.520.49

232.867.68 $ 366,526.56

21,752.07

3,202.45 39.781.99

42,984.44

42,702.32
100.000.00
$ 142,702.32

368

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GEORGIA SOUTHERN COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Purchase Orders Outstanding Unearned Income Reserve for Stores Reserve for Federal Funds Unappropriated Surplus

$ 3,536.58 71,583.74 20,000.00 13,353.42 25,185.14

TOTAL GENERAL FUNDS
B. AUXILIARY Purchase Orders Outstanding Unearned Income Reserve for Stores Unappropriated Surplus

133,658.88

$

151.44

49,623.65

44,520.49

138,572.10

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. 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

232.867.68

366,526.56

21,752.07

$ 42,984.44

42,984.44

$ 92,174.59 50.527.73 ~ $ 142,702.32

369

GEORGIA SOUTHERN COLLEGE

BALANCE SHEET June 30, 1961

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 4,031,383.69 121,811.75 989.765.26 $5.191.859.70
$5.334.562.02
$5.765.825.09

370

GEORGIA SOUTHERN COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$1,648,561.67 3,543,298.03 $5.191.859.70 $5.334.562.02
$5r765.825.09

371

GEORGIA SOUTHERN COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Matriculation - Fall, 1961 Health Service Cap, Gown, and Diploma Fees Summer School Other Student Fees TOTAL STUDENT FEES

i 11.855.00 151,840.00 28.925.00 14.691.00 3,964.50 51,327.19 6.880.18 $ 269,482.87

SALES AND SERVICES Nursery School Home Management House TOTAL SALES AND SERVICES

!

1.793.00

2.035.00

3,828.00

PUBLIC APPROPRIATIONS

State of Georgia

` 631,000.00

Bulloch County

59,657.43

Federal Grant (Bogitsh)

51.175.00

TOTAL PUBLIC APPROPRIATIONS

741,832.43

OTHER SOURCES General Extension

500.00

TOTAL EDUCATIONAL AND GENERAL INCOME

$1,015,643.30

B. AUXILIARY ENTERPRISES STUDENT STORES Bookstore Industrial Arts Snack Bar TOTAL STUDENT STORES

* 57,556.60 976.87
28.214.56

86,748.03

DORMITORIES Anderson Cone Deal Lewis Sanford Auxiliary Housing TOTAL DORMITORIES

34,736.15 30,483.96 20,372.57 30,923.34 42,292.52
3.270.67

162,079.21

DINING HALL

283,154.26

INTEREST INCOME

7,520.60

372

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) UNEARNED INCOME TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 7.026.27 $ 546.528.37 $1.562.171.67

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

_______________________ Object Classification______

Salaries

Operating

and

Supplies

Total

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

$

Business Office

Registrar's Office

TOTAL ADMINISTRATION $

18,592.39 $ 17,654.96 $ 937.43 $

24,006.12 22,596.61

1,113.41

296.10

16.302.90 12.591.50

687.00

3.024.40

58.901.41 $ 52.843.07 $ 2.737.84 $ 3.320.50

GENERAL EXPENSE Faculty & Staff Benefits General Institutional Expense Public Relations TOTAL GENERAL EXPENSE

$ 23,948.16 $ 1,432.92 $ 22,515.24 $

21,264.14 12.112.81

9.693.32

21,264.14 1.918.13

$ 57.325.11 $ 11.126.24 $ 45.697.51 $

501.36 501.36

STUDENT WELFARE Director of Student Affairs Health Service

$ 22,113.70 $ 19,357.05 $ 1,502.75 $ 1,253.90

9,899.01

7,599.84

2,299.17

TOTAL STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 34.379.58 $ 28.723.77 $ 4.401.91 $ 1.253.90 $ 134.155.94 $ 70.983.20 $ 62.410.00 $ 762.74
44,806.13 $ 31,870.58 $ 1.032.21 $ 11.903.34

373

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

EDUCATIONAL AND GENERAL (CONT.)

INSTRUCTION

Dean's Office

$ 11,976.45

Fine & Practical Arts

42,989.83

Commerce

40,685.33

Education

66,350.33

Exact Science

72,320.97

Languages

55,130.95

Home Economics

28,809.81

Music

34,293.87

Physical Education

51,578.96

Social Science

42,171.23

Summer School

59.924.39

TOTAL INSTRUCTION

$ _ 506.232.12

$ 11,051.04 38,237.23 36,549.84 60,894.58 50,885.45 53,367.17 26,742.67 31,247.81 43,150.38 40,949.38 58.889.89
$451.965.44

$ 775.16 2,907.91 2,146.57 3,602.22 4,891.62 713.96 1,398.68 1,790.83 3,559.74 605.16 1.034.50
$ 23.426.35

$ 150.25 1,844.69 1,988.92 1,853.53
16,543.90 1,049.82 668.46 1,255.23 4,868.84 616.69
$ 30.840.33

ACTIVITIES RELATED TO INSTRUCTION

Laboratory

$ 97,190.84 $ 92,083.30 $ 3,469.43 $ 1,638.11

Home Management House

1,920.75

1,920.75

Nursery School

1.713.40

771.00

821.17

121.23

TOTAL ACTIVITIES RELATED

TO INSTRUCTION

$ 100.824.99 $ 92.854.30 $ 6.211.35 $ 1.759.34

NET WAREHOUSE EXPENDITURES $ 1 .8 6 8 .1 2 $

$ 1 .8 6 8 .1 2 $

RESEARCH

$ 39.517.54 $ 37.371.00 $ 2.146.54 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 978,010.94 $777.737.60 $149.931.83 $ 50.341.51

TRANSFERS TO: Plant Funds Over & Short

18,500.00 63.52

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

996.574.46

AUXILIARY ENTERPRISES

STUDENT STORES

Bookstore

$

Industrial Arts

Snack Bar

TOTAL STUDENT STORES

62,909.29 $ 6,215.44 $ 56,693.85 $

1,512.66

1,512.66

27.317.95

7.574.18 19,193.19

91.739.90 $ 13.789.62 $ 77.399.70 $

550.58 550.58

374

GEORGIA SOUTHERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

___________________ Object Classification_______

Salaries

Operating

and

Supplies

Total

Wages

& Expense Equipment

B. AUXILIARY ENTERPRISES (CONT.)

DORMITORIES Anderson Cone Deal Lewis Sanford

$ 16,896.10 $ 9,095.88 $ 6,480.13 $ 1,320.09

22,705.84 10,727.78

8,326.58

3,651.48

18,377.52

9,831.71

5,943.98

2,601.83

15,622.27

9,194.00

5,422.74

1,005.53

28,556.03

12,581.32

8,849.50

7,125.21

Auxiliary Housing TOTAL DORMITORIES

3.139.47

2.196.28

943.19

$ 105.297.23 $ 53,626.97 $ 35.966.12 $ 15.704.14

DINING HALL

$ 238.878.38 $ 72.777.32 $161.835.98

4.265.08

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$ 435,915.51 $140.193.91 $275.201.80 $ 20.519.80

TRANSFER TO: Plant Funds

43.835.65

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 479.751.16

TOTAL CURRENT EXPENDITURES

$1.413.926.45 $917.931.51 $425.133.63 $ 70.861.31

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
STUDENT LOAN FUNDS
PLANT FUNDS
TOTALS

$ 93,533.77 $1,015,643.30 $ 996,574.46 $ 112,602.61

121.331.98

546.528.37

479.751.16

188.109.19

$ 214.865.75 $1.562.171.67 $1.476.325.62 $ 300.711.80

$ 19.833.57 $ 170.505.54 $ 168.587.04 $ 21.752.07

$ 2.380.89 $ 15.191.55 $ 14.369.99 $ 3.202.45

$ 485,381.70 $ 88.175.67 $ 430.855.05 $ 142.702.32

$ 722.461.91 $1.836.044.43 $2.090.137.70 $ 468.368.64

GEORGIA SOUTHERN COLLEGE
BANK BALANCER
Bulloch County Bank Sea Island Bank Petty Cash Temporary Investments
Bulloch County Bank - Time Deposits
TOTAL BALANCES, JUNE 30, 1961
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

$153 304.93 0 c o 71 IfoO.OO
250.000.00
$468.368.64

Cash Balance Julv L 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

STUDENT ACTIVITIES

Activity Fees - General $ Athletic Activities

$ 34,619.00 $ 14,558.90

George-Anne Reflector

1,852.35 2,504.25

Campus Social Activities

Student Council

TOTAL STUDENT

ACTIVITIES

L 4.240.77 $ 53.534.50 $

$ 32,430.76
6,451.63 8,901.55 7,042.84
355.33
55.182.11 $

2 ,593,.16

STUDENT BANK

L. 8.215.77 $102.898.79 $ 101.678.11 $ 9 ,436..45

STUDENT INSURANCE

_

14.50 $ 10.916.00 $ 10.916.00 $

14,.50

APPLICATION DEPOSITS

L. 3.270.00 $

$

30.00 $ 3.,240,.00

BUS ACCOUNT

SL 3.157.36 $ 3.156.25 $

780.82 $ 5.,532..79

OVER AND SHORT

_

98.47 $

$

$

98..47

WASHERS AND DRYERS

L.

606.57 $

$

$

606..57

VENDING MACHINES

i-

230.13 $

$

$

230.,13

TOTAL AGENCY FUNDS

$ 19.833.57 $170.505.54 $ 168.587.04 $

.7 5 2 .,07

376

GEORGIA SOUTHERN COLLEGE
STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Grant Under National Defense Act American Legion - Dexter Allen Post Repayment of Loan - Wadene Mimbs Repayment of Loan - Dell Summerlin Alumni Loan Fund Union Bag Paper Corporation Statesboro Lions Club Rosenwald Scholarship Fund TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Student Loans Made
BALANCE, JUNE 30, 1961

$ 2,380.89

$13,334.00 888.89 196.00 200.00 317.66 125.00 30.00 100.00

15.191.55

$17,572.44

14.369.99 $ 3.202.45

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Building Authority

Rentals

$

$17,253.62 $

Replacement Reserve 65,592.56 26,582.03

Dining Hall-Student

Center

4,881.16

Special

179.71

Music-Business Bldg. 5,030.66

Alumni Hall

1,767.98

Industrial Arts

289,784.47

Administration Bldg. 15,258.28 16,000.00

Plant Fund Balance 31,380.49 6,840.02

Campus Improvements 13,796.39 1 0 ,0 0 0 .0 0

Home Management

54,850.00

McCroan Roof

2,860.00

Library Roof

6,500.00

Sewerage System

5.000.00

17,253.62 $

$

512.12

194.70

423.97

2 ,0 0 0 .0 0

185.00

1 ,0 0 0 .0 0

304,382.27 (->2 0 ,0 0 0 .0 0

35,921.49 (->16,033.00

30,000.00

13,963.79

52,107.95

2,827.00

33.00

1,736.00

3,000.00

1.347.14

92,174.59
4,369.04 (->14.99 2,606.69
582.98 5,402.20 11,369.79 8,220.51 9,832.60 2,742.05
1,764.00 3.652.86

TOTALS

$ 485.381.70 $88.175.67 $ 430,855.05. J ____________ 142.702.32

377

GEORGIA SOUTHERN COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$485,381.70

ADDITIONS Income State of Georgia Appropriations Interest on Investments TOTAL INCOME

$ 19,000.00 6.840.02 " $ 25,840.02

Transfers From Educational and General Funds Auxiliary Funds - Replacement Reserve Auxiliary Funds - Building Authority Rentals TOTAL TRANSFERS

$ 18,500.00 26,582.03
17.253.62

62.335.65

TOTAL ADDITIONS

88.175.67

BALANCE, JULY 1, 1960, PLUS ADDITIONS

$573,557.37

DEDUCTIONS

Expended for Plant Additions and Improvements

Buildings and Additions to Buildings

Arts-Industrial Arts

$277,103.17

Dining Hall-StudentCenter

512.12

Home Management

48.962.10

TOTAL BUILDINGS AND ADDITIONS

TO BUILDINGS

$326,577.39

Improvements Other Than Buildings

Campus Improvements

$ 13,963.79

Sewerage

1.347.14

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

15,310.93

Equipment

Industrial Arts Building $ 27,279.10

Home Management

3,145.85

Special Equipment (Business

Office)

194.70

TOTAL EQUIPMENT

30.619.65

TOTAL EXPENDED FOR PLANT ADDITIONS

$372,507.97

Expenditures Not Capitalized Repairs Administration Building Music-Business Alumni Hall

$ 35,921.49 423.97 185.00

378

GEORGIA SOUTHERN COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

Expenditures Not Capitalized (Continued)

Repairs (Continued) McCroan Roof

$ 2,827.00

Library Roof

1.736.00 $ 41,093.46

Debt Service Buildine Authoritv Rentals

17..253.62

TOTAL EXPENDITURES NOT CAPITALIZED

$ 58.347.08

TOTAL DEDUCTIONS

$430.855.05

BALANCE, JUNE 30, 1961

$142,702.32

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$4,404,929.06

ADDITIONS Expended from Educational and 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 TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$ 50,341.51

20,519.80 372,507.97 348.561.36

791.930.64

$5,196,859.70

DEDUCTIONS Buildings Removed
INVESTMENT IN PLANT, JUNE 30, 1961
DEDUCT: Equity of University System Building Authority

5.000.00 $5,191,859.70
1,648.561.67

NET INVESTMENT IN PLANT, JUNE 30, 1961

$3.543.298.03

379

GEORGIA SOUTHERN COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961 /

Investment

Year

Beginning

Ac emir ed Of Year

Investment

End Of

Additions Deductions

Year

LAND

1907 $ 48,899.00 $

i ___

$ 48,899.00

BUILDINGS

Administration

1907

Marvin Pittman

School

1937-53

Business-Music

1932-53

Library

1937

Anderson Hall

1907

Lewis Hall

1937

Sanford Hall

1937

Deal Hall

1907

Cone Hall (Bldg.

Authority)

1954

Gymnasium (Alumni)

1932

Industrial Arts

(Maint. Shop)

1948

Health Cottage

1936

Home Management

1934

President's Old Home 1935

Pecan Cottage #2

1935

Paige House #3

1939

Watchman's Cottage #4 1938

Farm House #5

1934

Sycamore Cottage #6 1938

Physical Ed. Bldg.

(Bldg. Authority) 1955

Pump House

1938

Reel House

1938

President's Home

1954

Nursery School

1953

Warehouse

1957

Dining Hall-Student

Center

1958

Classroom (Herty Hall)

(Bldg. Authority) 1958

Arts-Industrial Arts

(Carruth)

1959

HHFA Girl's Dormitory 1959

New Home Management

House

1960

TOTAL BUILDINGS

$ 192,155.12 $

$

$ 192,155.12

416,988.34 37,176.17 73,514.06 98,641.92 69,882.73 85,637.70 95,497.73

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

351,857.57 46,725.13

36,022.50 13,877.66 13,557.90
6 ,0 0 0 .0 0 4,000.00 5,000.00 3,500.00 4,500.00 5,000.00

5,000.00

36,022.50 13,877.66 13,557.90
6 ,0 0 0 .0 0 4,000.00
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

294,098.92 300.00 200.00
49,827.38 30,259.02 44,328.34

572,936.86

512.12

573,448.98

593,113.79 11,321.29

604,435.08

160,215.53 277,103.17 66,456.44 327,214.20

437,318.70 393,670.64

48.962.10

48,962.10

$3.371.270.81 $665.112.88 $ 5.000.00 $4.031.383.69

380

GEORGIA SOUTHERN COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

C. IMPROVEMENTS OTHER

THAN BUILDINGS

Swimming Pool

1950-53

Deep Well #1

1938

Deep Well #2

1956

Stadium

1950

Landscape & Drainage

Heating System

Electrical System

TOTAL IMPROVEMENTS

OTHER THAN BUILDINGS

$ 14,647.59 $

$

12,118.99

18,491.35

2,803.76

22,646.42 15,310.93

27,505.80

8,286.91

106.500.82 $ 15.310.93 $

$ 14,647.59 12,118.99 18,491.35 2,803.76 37,957.35 27,505.80 8.286.91
$ 121,811.75

D. EQUIPMENT

Administrative Offices Physical Plant Library Instructional Departments Marvin Pittman

$ 36,706.23 $ 5,270.46 $

124,964.77

762.74

141,806.69 11,903.34

243,798.58 61,386.51

(Bldg. Authority) Dormitories Dormitories (Bldg. Authority) Dining Hall President's Home Store W. S. Hanner Building

20,267.75 117,999.10
28,652.34 93,882.14
4,500.00 14,285.67

1,638.11 15,704.14
4,265.08
550.58

(Bldg. Authority)

32,024.45

Herty Hall (Classroom)

(Bldg. Authority) TOTAL EQUIPMENT

19.370.71 10.025.87 878.258.43 $111.506.83 $

$ 41,976.69 125,727.51 153,710.03 305,185.09
21,905.86 133,703.24
28,652.34 98,147.22
4,500.00 14,836.25
32,024.45
29.396.58 $ 989.765.26

TOTAL INVESTMENT IN PLANT

$4.404.929.06 $791.930.64 $ 5.000.00 $5..191.859.70

381

Valdosta State College FINANCIAL REPORT
For the Year Ended June 30, 1961

VALDOSTA STATE COLLEGE Valdosta, Georgia

J. Ralph Thaxton
President

Shealy McCoy
Comptroller

383

VALDOSTA STATE COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash Accounts Receivable Stores Inventory

$ 76,045.52 290.00
5,751.55

TOTAL GENERAL FUNDS

$ 82,087.07

B. AUXILIARY Cash Accounts Receivable Stores Inventory Bookstore Dining Hall TOTAL AUXILIARY FUNDS

$ 114,048.51
102.00

$14,487.06 3.823.59

18.310.65

132.461.16

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash

III.

ENDOWMENT FUNDS Cash Notes Receivable Investments University System Building Authority Bonds U. S. Treasury Bonds Common Stock

$ 1,724.29 1,455.00

$ 5,987.91 4,000.00 1.943.04

11.930.95

TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash Student Notes Receivable University System Building Authority Bonds

$ 5,812.22 7,293.02 3.068.17

TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A. UNEXPENDED Cash

$ 65,827.16

TOTAL UNEXPENDED

65,827.16

214,548.23 53,260.40
15,110.24 16,173.41

384

if
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H

VALDOSTA STATE COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A, GENERAL Accounts Payable Unearned Income (Summer School) Registration Deposits 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
II. AGENCY FUNDS Fund Balance
III. ENDOWMENT FUNDS Fund Balance

3,395.81 17,375.50 5,674.75 15,000.00 40.641.01
$

82,087.07

1,363.02 6,708.00 18,310.65 106,079.49

132.461.16 $ 214,548.23

53,260.40

$ 15,110.24

TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Fund Balance
TOTAL STUDENT LOAN FUNDS
V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

$ 16,173.41

15,110.24

16,173.41

26,980.16 38.847.00
$

65,827.16

385

ASSETS (CONTINUED)
IV. PLANT FUNDS (CONTINUED) B. EXPENDED Land Buildings Improvements Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

VALDOSTA STATE COLLEGE BALANCE SHEET June 30, 1961
$ 257,500.00 2,582,201.34 220,167.73 503.085.26 $3,562,954.33 $3,628,781.49 $3.927.873.77

386

VALDOSTA STATE COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant

$ 727,044.26 2,835,910.07

TOTAL EXPENDED

$3,562,954.33

TOTAL PLANT FUNDS

$3,628,781.49

TOTAL LIABILITIES

$3.927.873.77

387

VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL

STUDENT FEES

Matriculation

$ 92,863.25

Matriculation Deposits

(->96.50

Forfeited Deposits

2.044.00

h

Non-Resident Tuition

5.768.00

Health Service

8.040.00

Summer School

25,044.00

Other Student Fees

2.982.00

TOTAL STUDENT FEES

$136,644.75

j

PUBLIC APPROPRIATION State of Georgia

355,000.00

OTHER SOURCES

Transfer University of Georgia

$ 1 ,0 0 0 .0 0

I

Interest Income

2,338.50

Atomic Energy Commission Grant

2.249.00

Atomic Energy Commission Grant

1.525.00

TOTAL OTHER SOURCES

---- -------

7,112.50

j

TOTAL EDUCATIONAL AND GENERAL INCOME

$498,757.25

B. AUXILIARY ENTERPRISES

DINING HALL

$116,742.93

|

DORMITORIES

Ashley Hall

$ 15,718.30

Converse Hall

14.627.50

Reade Hall

14.547.50

TOTAL DORMITORIES

44,893.30

^1

J

STUDENT CENTER

87,636.07

LAUNDRY

8,848.25

INTEREST INCOME

2,448.35

TOTAL AUXILIARY ENTERPRISE INCOME

^1

--2-6-0.1-5-6-8-.-9-0

r-M

TOTAL CURRENT INCOME

$759.326.15

M

1
388

11
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VALDOSTA STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Obiect Classification

Salaries

Operating

and

Supplies

Waees

&: Exoense EauiDment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Registrar's Office TOTAL ADMINISTRATION

$ 17,315.26 21,298.02 15.825.61
$ 54.438.89

$ 16,450.00 $ 19,980.00 13.886.87
$ 50.316.87 J _

727.14 $ 138.12

996.35

321.67

957.49

981.25

2.680.98 J L _ 1.441.04

GENERAL Faculty & Staff Benefits Public Relations General Institutional TOTAL GENERAL

$ 16,586.84 6,150.14 8.721.97
$ 31.458.95

$ 10,638.61 5,010.19
$ 15.648.80

$ 5,948.23 $ 1,139.95 8.721.97
$ 15.810.15 J _

STUDENT WELFARE

Dean of Men

$ 818.00 $ 800.00 $

Dean of Women

4,357.98

4,140.45

Student Hospital

6.803.58

6.083.00

TOTAL STUDENT WELFARE $ 11.979.56 $ 11.023.45

18.00 $ 217.53 720.58 956.11 $

PLANT OPERATIONS

$ 84.051.66 $ 42.757.79 $ 40.543.57

750.30

LIBRARY

$ 22.469.75 $ 13.419.98

154.24 $ 8.895.53

INSTRUCTION

Academic Dean

$ 9,715.06 $ 9,709.56 $

5.50 $

Art

10,586.07

9,790.60

673.17

122.30

Biology

22,589.88 19,945.00

1,451.14

1,193.74

Business Administration

26,234.02 23,900.00

1,112.40

1,221.62

Chemistry

15,379.40 14,080.00

1,244.90

54.50

Education

21,959.67

20,743.51

1,216.16

English

28,336.74 27,800.00

536.74

Mathematics and Physics

23,038.66 20,470.00

505.48

2,063.18

Modern Foreign Languages

7,506.65

7,350.00

156.65

Music

13,461.82 12,180.50

1,281.32

Physical Education

19,299.84 17,835.10

1,464.74

Sociology and History

26,281.04 25,716.60

314.94

249.50

Speech

6,464.00

6,438.40

25.60

Summer School

18.621.80

18.621.80

TOTAL INSTRUCTION

$249,474.65 $234,581.07 $ 9.988.74

4.904.84

389

VALDOSTA STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

-----Wages

& ExDense Eauinment

EDUCATIONAL AND GENERAL (CONT.)

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES
STORES CONTROL

$453,873.46 $367,747.96 $ 70.133.79 $ 15 .991.71 1,864.55

TRANSFER TO: Plant Funds

47.896.91

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$503,634.92

AUXILIARY ENTERPRISES DORMITORIES
Ashley Hall Converse Hall Reade Hall
TOTAL DORMITORIES
STUDENT CENTER
DINING HALL
LAUNDRY
SOCIAL SECURITY
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFERS TO: Replacement Reserve Plant Funds

$ 12,911.24 $ 8,227.78 $ 4,540.87 $

13,027.67

7,711.76

5,173.32

9.757.28

6.277.24

3.480.04

$ 35.696.19 $ 22.216.78 $ 13.194.23 $

$ 79.050.02 $ 14.848.37 $ 64.140.00 $

$ 93.915.66 $ 29.596.59 $ 64.319.07 $

$ 4.991.09 $ 175.00 $ 4.816.09 $

$ 1.753.89 $ 1.753.89 $

$

142.59 142.59
285.18
61.65

$215,406.85 $ 68.590.63 $146,469.39 J ___ 346.83
12,378.34 16.000.00

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$243.785.19

TOTAL CURRENT EXPENDITURES

$669.280.31 $436.338.59 $216.603.18 $ 16.338.54

TOTAL DISBURSEMENTS

$747.420,11

390

**
V II
1 )

VALDOSTA STATE COLLEGE
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Income on Investments and Interest Valdosta Drug Company Scholarship Fund Harper Loan Fund Frank R. Reade Loan Fund TOTAL ADDITIONS
BALANCE OF PRINCIPAL, JUNE 30, 1961

Endowment Funds

Loan Funds

$14,660.41 $13,567.52

$ 449.83 $ 255.89 1 ,0 0 0 .0 0 1 ,0 0 0 .0 0 350.00
$ 449.83 $ 2.605.89
$15,110.24 $16,173.41

STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

ENDOWMENT FUNDS Chapel Fund Claude Davis Ingram S. M. A. Hutchinson Memorial TOTAL ENDOWMENT FUNDS
LOAN FUNDS Interest, Bank Deposits Senior Honor Society War Bond Scholarship September 14th Fund Kate Bentley Girl's Fund Archie Griffin U. D. C. (Brooks County) Class of 1922 Louise Sawyer Anne Singletary Jewel Whitehead K. F. Lampkin W. R. Dewberry Frances DeLoach Memorial Fund Valdosta Drug Company Scholarship Fund

Fund Balance

Fund Balance

Julv 1. 1960 Additions June 30. 1961

$ 2,723.11 $ ' 97.50 $

8,455.18

203.74

3.482.12

148.59

$ 14.660.41 $ 449.83 $

2,820.61 8,658.92 3.630.71 15.110.24

$

$ 37.50 $

1,142.83

4,225.68

112.18

2,439.06

1.00

80.70

3.24

166.93

6.76

267.00

10.80

507.80

131.86

5.40

83.10

3.24

15.00

555.35

22.14

110.80

4.32

888.41

35.36

1 ,0 1 0 .0 0

13.95

1,943.00 1 ,0 0 0 .0 0

37.50 1,142.83 4,337.86 2,440.06
83.94 173.69 277.80 507.80 137.26
86.34 15.00 577.49 115.12 923.77 1,023.95 2,943.00

391

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND BALANCES BY FUNDS (CONTINUED)

LOAN FUNDS (CONTINUED) Harper Loan Fund Frank R. Reade Loan Fund TOTAL LOAN FUNDS
TOTAL TRUST FUNDS

Fund Balance

Fund Balance

Julv 1 . 1960 Additions June 30. 1961

$

$1 ,0 0 0 .0 0 $

350.00

L. 13.567.52 $2,605.89 $

1 ,0 0 0 .0 0 350.00
16.173.41

& 28.227.93 $3,055.72 $ 31.283.65

STATEMENT OF TRUST FUND INVESTMENTS For Year Ended June 30, 1961

Rate Of Date Of Interest Maturitv

Book Value

ENDOWMENT FUNDS CLAUDE DAVIS INGRAM University System Building Authority Nos. 3509-3514 University System Building Authority No. 4648 Government Bonds U. S. Treasury U. S. Treasury, Series G U. S. Treasury, Series G TOTAL CLAUDE DAVIS INGRAM

4.5 3.0
2.75 2.5 2.5

11- 1-73 $ 2,511.39 10- 1-74 1,012.16

12-15-65 8- 1-62
11- 1-62

1,500.00 1,500.00 1 .0 0 0 .0 0 $ 7.523.55

SALLIE MORTON ARCHER HUTCHINSON Common Stock Illinois Central Railroad - 66 shares, no1 par value

$ 1.943.04

CHAPEL FUND

University System Building Authority Revenue

Bond No. 4128

3.0

6- 1-72 $ 940.85

University System Building Authority Revenue

Bond Nos. 3509-3514

4%%

11- 1-73 1.523.51

TOTAL CHAPEL FUND

$ 2.464.36

TOTAL ENDOWMENT FUNDS

$11.930.95

392

VALDOSTA STATE COLLEGE STATEMENT OF TRUST FUND INVESTMENTS (CONTINUED)

mt

Rate Of Date Of

Book

Interest Maturity Value

LOAN FUNDS University System Building Authority Bonds No. 4649 - War Bond Scholarship Fund Nos. 3509-3514 - Other Loan Funds
TOTAL LOAN FUNDS
TOTAL TRUST FUND INVESTMENTS

3%

10- 1-74 $ 1,012.17

4%7.

11- 1-73

2.056.00

$ 3.068.17

$14.999.12

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS

$ 80,923.19 $498,757.25 $ 503,634.92 $ 76,045.52

97,264.80 260.568.90

243.785.19

114.048.51

$ 178.187.99 $759,326.15 $ 747.420.11 $ 190.094.03

$ 43.173.91 $ 94.149.87 $ 84.063.38 $ 53.260.40

TRUST FUNDS Endowment Loan TOTAL TRUST FUNDS
PLANT FUNDS
TOTALS

$ 1,884.86 $ 759.43 $

4.235.83

3.974.39

$ 6.120.69 $ 4.733.82 $

920.00 $ 2.398.00 3.318.00 $

1,724.29 5.812.22 7.536.51

$ 26,610.47 $ 96.758.15 $ 57.541.46 $ 65.827.16

$ 254.093.06 $954.967.99 A 892.342.95 $ 316.718.10

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Student Activities Student Bank
TOTAL AGENCY FUNDS

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$ 40,675.10 $ 49,062.30 $ 39,130.15 $ 50,607.25

2.498.81 45.087.57

44.933.23

2.653.15

1 = 43.173.91 $ 94.149.87 $ 84.063.38 $ 53.260.40

3

*

393

VALDOSTA STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements June 30. 1961

Res. for Interest Income

$

Ashley Hall, Floors

Renovation, Exterior - Ashley,

187.50 $ 482.90 $ 5,031.12 3,000.00

Reade, West, & Converse

Halls Walks Lawn Mowing Equipment Educational Equipment Warehouse & Central Storage Auxiliary Replacement Fund Furniture for Dormitories Floors, Converse Hall Paving Roads & Parking Floors, West Hall Fluorescent Lights, Pound Hall.

989.20 289.23 148.25 2,913.46 960.38 14,601.82 1,489.51

11,896.91
12,378.34
16,000.00 35,000.00 13,000.00
5.000.00

TOTALS

$ 26.610.47 $96.758.15 $

$ 3,282.66
553.22
8,715.80
1,229.59 15,798.87 15,178.57
8 ,0 0 0 .0 0 4,782.75 57.541.46 S

670.40 4,748.46
435.98 289.23 148.25 6,094.57 960.38 26,980.16 259.92 201.13 19,821.43 5,000.00 217.25
65.S97.1fi

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, I960
ADDITIONS Income State of Georgia Interest on Investments TOTAL INCOME
Transfers From Auxiliary Enterprises Educational and General Funds TOTAL TRANSFERS
TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS

$ 26,610.47

$ 20,000.00 482.90

$ 20,482.90

$ 28,378.34 47.896.91

76.275.25 96.758.15
$123,368.62

VALDOSTA STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Ashley Hall, Floors Converse Hall, Floors West Hall, Floors Lighting, Pound Hall TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$ 3,282.66 15,798.87 8,000.00 4.782.75
$ 31,864.28

Improvements Other Than Buildings Paving Roads & Parking Areas

15,178.57

Equipment Educational

8.715.80

TOTAL EXPENDED FOR PLANT ADDITIONS

$ 55,758.65

Other Expenditures Not Capitalized

1.782.81

TOTAL DEDUCTIONS

$ 57.541.46

BALANCE, JUNE 30, 1961

$ 65.827.16

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended from Plant Funds Expended from Agency Funds for Archway to Campus, 1959-60 Expended by University System Building Authority TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Adjustments for Prior Years for Equipment

$3,245,920.17

$ 15,991.71

346.83 57,541.46

2,020.00 246.323.18

322.223.18

$3,568,143.35

5.189.02

395

VALDOSTA STATE COLLEGE SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
INVESTMENT IN PLANT, JUNE 30, 1961 DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1961
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

$3,562,954.33 727.044.26
$2.835.910.07

Investment Beginning
---Of Year...

Investment

Additions Deductions

End Of Year

A. LAND Main Campus, 60 acres North Campus, 43 acres TOTAL LAND

$ 150,000.00 $ 107.500.00
$ 257.500.00 $

$

$ 150,000.00

107.500.00

___________ $__257,500.00

B. BUILDINGS

Main Campus

Library

$ 60,000.00 $

$

Library Annex (Bldg.

Authority) West Hall West Hall Annex West Hall Annex (Bldg.

126,973.40 194,001.11
16,158.00

8 ,0 0 0 .0 0

Authority) Gymnasium Warehouse Converse Hall Ashley Hall Reade Hall Bath House Log Cabin Boiler House President's Home Garage and Workshops Dining Hall (Bldg.

9,616.98 69,276.53 17,410.28 162,018.66 171,949.19 108,002.52 23,000.00 8,797.61 2 0 ,0 0 0 .0 0 40,499.55 1,150.00

235,741.26
15,798.87 3,282.66

Authority) Physical Education Bldg. Physical Education Bldg.

299,398.53 7,677.00

(Bldg. Authority) TOTAL MAIN CAMPUS

307.600.33 $1 ,643.529.69 $262,822.79 $

$ 60,000.00
126,973.40 2 0 2 ,0 0 1 .1 1
16,158.00
245,358.24 69,276.53 17,410.28
177,817.53 175,231.85 108,002.52
23,000.00 8,797.61
2 0 ,0 0 0 .0 0 40,499.55
1,150.00
299,398.53 7,677.00
307.600.33 $1,906,352.48

396

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Investment

End Of

Additions Deductions

Year

B. BUILDINGS (CONTINUED) North Campus Jere Pound Hall David Barrow Hall Old Brick Dormitory Swimming Pool Gymnasium TOTAL NORTH CAMPUS
TOTAL BUILDINGS

$ 382,791.11 $ 4,782.75 $ 151,275.00 1 0 0 ,0 0 0 .0 0 25,000.00 1 2 .0 0 0 .0 0
$ 671.066.11 $ 4.782.75 $
$2,314,595.80 $267,605.54 $

$ 387,573.86 151,275.00 1 0 0,0 0 0 .0 0 25,000.00 1 2 .0 0 0 .0 0
$ 675.848.86
$2,582,201.34

IMPROVEMENTS OTHER THAN BUILDINGS

Power Lines Alumni Archway

$ 11,858.39 $

$

2 ,0 2 0 .0 0

Streets, Walks & Parking

16,210.77 15,178.57

Heating System

138,400.00

Camelia Trail

1 2 ,0 0 0 .0 0

Amphitheatre

3,000.00

Landscaping

1,500.00

Swimming Pool

2 0 ,0 0 0 .0 0

TOTAL IMPROVEMENTS

OTHER THAN

BUILDINGS

$ 202.969.16 $ 17.198.57 $

$ 11,858.39 2 ,0 2 0 .0 0
31,389.34 138,400.00
1 2 ,0 0 0 .0 0 3,000.00 1,500.00
2 0 ,0 0 0 .0 0
$ 220.167.73

EQUIPMENT

Main Campus

West Hall Annex (Bldg.

Authority)

$

West Hall Annex (V. S. C.)

West Hall

Library

Library (Bldg. Authority)

Log Cabin

Dormitories

Ashley Hall

Converse Hall

Reade Hall

Dining Hall

(Bldg. Authority)

(V. S. C.)

Student Center

Physical Education Bldg.

(Bldg. Authority)

(V. S. C.)

$ 10,581.92 $

$

29,115.12

65,840.25 7,703.74 21,463.65

168,906.58 8,895.53

3,887.06

2,146.96

72,810.40

285.18

(26,902.92)

(142.59)

(21,442.69)

(142.59)

(24,464.79)

26,428.29

(6,850.08)

(19,578.21)

15,068.24

61.65

15,729.04

(9,518.18)

(6 ,2 1 0 .86)

10,581.92 29,115.12 52,080.34 177,802.11t
3,887.06 2,146.96 73,095.58 (27,045.51) (21,585.28) (24,464.79) 26,428.29 (6,850.08) (19,578.21) 15,129.89 15,729.04 (9,518.18) (6 ,2 1 0 .86)

397

VALDOSTA STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Main Campus (Continued) Physical Plant (Shop, Warehouse, Vehicles) President's Home North Campus Pound Hall Old Dormitory David Barrow Hall TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Investment

End Of

-.Additions Deductions

Year

$ 25,412.05 $ 3,171.93

425.11 $

$ 25,837.16 3,171.93

57,633.51

2,513.74 5,888.29

5,468.00

8.352.90

_ 470.855.21 $ 59.581.99 $27,351.94 $

54,258.96 5,468.00 8.352.90
503.085.26

$3 .245.920.17 _$344.386.10 $27,351.94 $3,562,954.33

Georgia Southwestern College FINANCIAL REPORT
For the Year Ended June 30,1961

GEORGIA SOUTHWESTERN COLLEGE Americus, Georgia

Lloyd A. Moll
President

Jasper Grover
Comptroller

GEORGIA SOUTHWESTERN COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash In Bank Accounts Receivable

$ 45,665.60 2,118.50

TOTAL GENERAL FUNDS
B. AUXILIARY Cash in Bank Accounts Receivable Dining Hall Inventory Campus Store Inventory

TOTAL AUXILIARY FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III.

STUDENT LOAN FUNDS Cash in Bank Investments - U. S. Treasury Bonds Student Notes Receivable Jackson Loan National Defense

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

TOTAL UNEXPENDED

$ 47,784.10
$ 14,601.16 957.50
4,449.39 15,344.65

35.352.70 $ 83,136.80

6,751.67

$ 7,692.43 28,000.00

$ 37,054.85 10.777.84

47.832.69

83,525.12

$ 38,632.75 $ 38,632.75

400

GEORGIA SOUTHWESTERN COLLEGE
BALANCE SHEET June 30, 1961
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

$
$4,432.50 4.315.00

1,950.90 298.45
530.45

8,747.50 36.256.80
$

47,784.10

B. AUXILIARY

Accounts Payable

$

Reserve for Purchase Orders Outstanding

Unearned Income

Summer School

$3,569.00

Fall Quarter Deposits

2,110,00

Reserve for Inventories

Unappropriated Surplus

TOTAL AUXILIARY FUNDS

1,741.03 1,378.57
5,679.00 19,794.04
6.760.06

35.352.70

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III. STUDENT LOAN FUNDS Fund Balance

83,525.12

83,136.80 6,751.67

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

83,525.12

16,054.51 22.578.24
$

38,632.75

401

GEORGIA SOUTHWESTERN COLLEGE

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

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

$ 5,580.00 845,829.84 97,139.60 227.225.78 $1.175.775.22

TOTAL PLANT FUNDS TOTAL ASSETS

$1.214.407.97
1 1 . 3 8 7. 82 1.5 6

402

GEORGIA SOUTHWESTERN COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$ 243,470.93 932,304.29 $1.175.775.22 $1.214.407.97 $1.387.821.56

403

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Miscellaneous Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATION State of Georgia
OTHER SOURCES Phoebe Putney Hospital Interest on Time Deposits TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL
B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Terrell Hall Wheatley Hall Collum Hall TOTAL DORMITORIES
CAMPUS STORE
DINING HALL
APARTMENTS
FARM
INTEREST ON TIME DEPOSITS
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 2,030.00 41,597.00 4.057.50 6.207.50 1.851.50

$ 55,743.50

198,000.00

$ 1,840.00 630.20

2.470.20 $256,213.70

$ 6,629.25 11,968.07 8,741.75 3,950.80 12.725.18

$ 44,015.05

46,401.39

101,308.13

1,674.00

454.52

154.17

194.007.26

$450.220.96

404

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

l

Total

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense EauiDment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Records Office TOTAL ADMINISTRATION

$ 13,605.44 $ 12,502.25 $ 964.49 $ 138.70

9,676.15

9,006.04

670.11

13.210.14

12.302.00

908.14

$ 36.491.73 $ 33.810.29 $ 2.542.74 $ 138.70

GENERAL EXPENSE General Administration Faculty & Staff Benefits TOTAL GENERAL EXPENSE
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 8,528.06 $ 1,800.75 $ 6,506.26 $ 221.05

8.275.88

8.275.88

$ 16.803.94 $ 1.800.75 $ 14.782.14

221.05

$ 1.921.70 $ 1 .1 2 0 .0 0 $ 801.70

$ 33.104.62 $ 16.609.94 $ 15.895.62 JL. 599.06

$ 9.928.66 $ 6.151.00 A

87.44 $3 .690.22

INSTRUCTION

Summer School Business Education

$ 3,620.00 $ 3,620.00 $

13,824.21

12,589.00

$

815.21

420.00

General Education

22,540.29

21,253.25

823.84

463.20

English & Humanities

30,976.16 30,775.00

201.16

Math & Science

39,712.82 36,462.75

2,305.67

944.40

*

Nursing Education

17,560.15

17,194.00

366.15

Social Studies TOTAL INSTRUCTION

12.804.19

12.620.20

183.99

$141,037.82 $134,514.20 $ 4.696.02 $1,827.60

RESEARCH

$ 294.38 $ 115.00

179.38 $

TOTAL EDUCATIONAL AND GENERAL

EXPENDITURES

$239,582.85 $194,121.18 $ 38.985.04 $6,476.63

TRANSFER TO: Plant Funds

750.00

TOTAL EDUCATIONAL AND GENERAL

DISBURSEMENTS

$240,332.85

* A
405

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES DORMITORIES Morgan Hall Sanford Hall Terrell Hall Wheatley Hall Collum Hall TOTAL DORMITORIES
DINING HALL
APARTMENTS
CAMPUS STORE
TOTAL AUXILIARY ENTERPRISE EXPENDITURES
TRANSFER TO: Plant Funds
TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS
TOTAL CURRENT EXPENDITURES

Total

________ Object Classification

Salaries Operating

and

Supplies

----.Wages------& Expense _ Eauinment

$ 9,000.68 $ 5,632.27 $ 3,368.41 $

11,353.63

6,929.73

4,416.20

6,765.78

3,628.78

3,137.00

3,182.35

1,719.01

1,463.34

11.741.93

6,652.98

5.088.95

$ 42.044.37 $ 24.562.77 $ 17.473.90 $

7.70 7.70

$ 91.830.27 $ 27.907.47 $ 62.016.16 $1.906.64

$ 1.985.35 $ 1.092.55 $ 892.80 $

$ 42.362.71 $ 5.362.53 $ 36.873.64 $ 126.54

$178,222.70 $ 58.925.32 $117.256.50 $2.040.88

9.527.65

$187.750.35 $417.805.55 $253.046.50 $156.241.54 $8.517.51

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS

Cash Balance Receipts Disbursements CashL Balance July 1. 1960 For Year____ For Year____June 30. 1961

$ 29,784.75 $256,213.70 $ 240,332.85 $

8.344.25 194.007.26

187.750.35

38.129.00 $450.220.96 $ 428.083.20 $

$ 3.860.58 $ 52.190.63 $ 49.299.54 $

45,665.60 14.601.16 60.266.76
6.751.67

406

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF CHANGES IN CASH BALANCES (CONTINUED)

STUDENT LOAN FUNDS PLANT FUNDS TOTALS

Cash Balance Receipts Disbursements Cash Balance July 1. 1960 For Year __ For Year June 30. 1961 $ 10.092.68 $ 7.653.46 $ 10.053.71 $ 7.692.43 $ 37.551.41 $ 18.177.65 $ 17.096.31 $ 38.632.75 $ 89.633.67 $528.242.70 $ 504.532.76 $ 113.343.61
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Gale Deposits Personal Deposits Student Activities Group Insurance Social Security Tax Sales Tax State Income Tax Student Insurance
TOTAL AGENCY FUNDS

Cash Balance Receipts D isbur sement s Cash Balance July 1. 1960 For Year For Year June 30. 1961

$

$ 2,272.75 $ 2,686.52 $ (->413.77

1,525.74 24,093.33

22,944.83

2,674.24

2,111.42 7,849.66

6,927.74

3,033.34

5,919.09

4,461.23

1,457.86

6,760.65

6,760.65

1,416.18

1,416.18

223.42 1,066.27

1,289.69

2.812.70

2.812.70

$ 3.860.58 $52.190.63 $ 49.299.54 $ 6.751.67

STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

CASH BALANCE, JULY 1, 1960
RECEIPTS: Gifts and Grants Income on Investments Interest on Student Loans Loans Collected Transfer from Other Funds TOTAL RECEIPTS

Jackson National Defense

Loan Fund

Loan Fund

Total

$1.271.02 $_______ 8.821.66 $10.092.68

$

$

910.00

878.09

3,779.37

$5.567.46 J ___

1,952.00
134.00 2.086.00

$ 1,952.00 910.00 878.09
3,779.37 134.00
$ 7.653.46

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF STUDENT LOAN FUNDS (CONTINUED)

DISBURSEMENTS: Loans to Students Transfer to Other Funds Expenses TOTAL DISBURSEMENTS
CASH BALANCE, JUNE 30, 1961

Jackson National Defense Loan Fund ----- Loan Fund

Total

$4,292.58 $ 134.00 332.63
.$4,759.21 $
$2,079.27 $

5,294.50 5.294.50

$ 9,587.08 134.00 332.63
$10.053.71

5.613.16 $ 7.692.43

STATEMENT OF STUDENT LOAN FUND BALANCES For Year Ended June 30, 1961

Jackson Loan Fund National Defense Loan Fund
TOTALS

Fund Balance

Fund Balance

July 1. 1960 Additions Deductions June 30. 1961

$ 65,812.66 $1,788.09 $ 466.63 $ 67,134.12

14.305.00 2.086.00

16.391.00

$ 80.117.66 $3.874.09 $ 466.63 $ 83.525.12

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Auxiliary Replace-

ment Reserve Project No. I

$ 15,920.77 $ 9,527.65 $

Admn. Building Project No. IV

6 .1 0 4,000.00

Wheatley Hall

4,726.06

Project No. V

Gymnasium Project No. VII

4.35

Renovation of Coal

Bins

173.15

Project No. VIII

Educational Equip. 1,155.85

Project No. IX

Heating Control

Valves

2,741.80

$ 9,393.91 $ 16,054.51

4,006.10

2,135.25

2,590.81

4.35

24.00 1,110.37

149.15 45.48

2,741.80

408

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Project No. X

President1s

Home

$

Project No. XI

Dining Hall

Project No. XII

Dormitory

Furniture

Project No. XIII

Inventory

Control

Project No. XIV

Air Conditioning

Store &

Library

Project No. XV

Electric Lines &

Service

Project No. XVI

Campus Improvement

95.84 $

$

(->65.76

1,905.60

1,112.65

9,775.00
3,900.00 750.00

TOTALS

$ 37.551.41 $18.177.65 S

66.74 $

$

(->3,165.76

1,721.26 (->6,232.50

272.63

8,008.60

2,983.11

774.35

17.096.31 $

$

29.10 3 ,1 0 0 .0 0 6,416.84
840.02
1,766.40 916.89
(->24.35 38.632.75

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$37,551.41

ADDITIONS State Appropriation Transfer from Educational and General Funds Transfer from Auxiliary Funds TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS

$ 7,900.00 750.00
9.527.65

18.177.65 $55,729.06

DEDUCTIONS Expended for Plant Additions Wheatley Hall Educational Equipment President's Home Dormitory Furniture Air Conditioning Library and Campus Store TOTAL EXPENDED FOR PLANT ADDITIONS

$ 1,000.00 1,110.37 66.74 1,721.26 8.008.60

$11,906.97

409

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expenditures Not Capitalized Repairs and Alterations Wheatley Hall Renovation of Coal Bins Inventory Control Electric Lines and Service Campus Improvement Roads and Campus Lake TOTAL EXPENDITURES NOT CAPITALIZED
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 1,135.25 24.00
272.63 2,983.11
774.35 $ 5.189.34
$17.096.31
$38.632.75

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$1,164,319.78

ADDITIONS

Expended from Current Educational and General Funds $ Expended from Current Auxiliary Funds Expended from Plant Funds
Gift from Student Activities - Lighting Additional

6,476.63 2,040.88 11,906.97

Tennis Courts TOTAL ADDITIONS

_______ 677.26

21.101.74

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Buildings Removed Equipment Disposed Of Inventory Adjustments TOTAL DEDUCTIONS

$1,185,421.52

$

380.00

875.00

8.391.30

9.646.30

INVESTMENT IN PLANT, JUNE 30, 1961

$1,175,775.22

DEDUCT: Equity of University System Building Authority

243.470.93

NET INVESTMENT IN PLANT, JUNE 30, 1961

$ 932.304.29

GEORGIA SOUTHWESTERN COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

A. LAND

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$ 5.580.00 $

_ J __________ $ 5.580.00

B. BUILDINGS

Administration

$ 112,800.00 $

$

Shop

26,171.31

Gymnasium

72,800.00

Duplex Apartment

7,000.00

President's Home

12,500.00

Barn

2,300.00

Morgan Hall

39,600.00

Sanford Hall

78,200.00

Terrell Hall

67,900.00

Collum Hall (Bldg. Authority) 152,479.36

Wheatley Hall

62,700.00

1 ,0 0 0 .0 0

Campus Farm House

3,500.00

Negro House

380.00

Fuel House Chapel

300.00 3 ,0 0 0 .0 0

Jackson Hall (Bldg

Authority)

203.579.17

TOTAL BUILDINGS

$ 845.209.84 $ 1.000.00 $

$ 112,800.00 26,171.31 72,800.00 7 ,0 0 0 .0 0 12,500.00 2,300.00 39,600.00 78,200.00 67,900.00
152,479.36 63,700.00 3,500.00
380.00 300.00
3 ,0 0 0 .0 0
203.579.17 380.00 $ 845,829.84

C. IMPROVEMENTS OTHER THAN BUILDINGS

Heating & Air Conditioning $

Streets - Sidewalks -

Landscaping

Water & Lights

Sewerage Disposal

Program - Fire Signal

Garbage & Waste Disposal

Lake
Tpirni s C o u r t s

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$

14,548.03 $ 8,008.60 $

57,021.46 3,061.10 7,500.00 1,500.00 250.00 573.15 4.000.00

677.26

88.453.74 $ 8.685.86 $

$ 22,556.63
57,021.46 3,061.10 7,500.00 1,500.00 250.00 573.15 4.677.26

______

97.139.60

D, EQUIPMENT Administrative Offices Physical Plant Library Instruction Division Building Authority Dormitories

10,929.48 34,336.26 36,213.13 60,890.79
7,937.20 26,925.55

$ 359.75 665.80
3,690.22 2,937.97
1,728.96

$ 975.00
3,250.00

11,289.23 34,027.06 39,903.35 60,578.76
7,937.20 28,654.51

411

GEORGIA SOUTHWESTERN COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

D. EQUIPMENT (CONTINUED) Dormitories (Bldg. Authority) Dining Hall Campus Store Apartments TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of..,Year

Additions

Deductions

Investment End Of Year

$ 15,437.51 $

$

$ 15,437.51

28,121.06 1,906.64 5,041.30

24,986.40

3,488.81

126.54

3,615.35

796.41

796.41

$ 225.076.20 $11.415.88 $ 9.266.30 $ 227.225.78

$1 ,>164.319.78 $21.101.74 $ 9.646.30 $1 ,.175.775.22

412

Augusta College FINANCIAL REPORT
For the Year Ended June 30,1961

AUGUSTA COLLEGE Augusta, Georgia

Gerald B. Robins
President

B. Dudley Jervey
Comptroller

413

AUGUSTA COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Temporary Investments Accounts Receivable TOTAL GENERAL FUNDS
B. RESTRICTED Cash on Hand and in Bank
C. AUXILIARY Cash on Hand and in Bank Accounts Receivable Student Center Inventory

$ 9,962.17 50,468.75
________ 12.50
$ 8,603.01 354.10
1,147.02

60,443.42 5,684.02

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank
III. PLANT FUNDS A* UNEXPENDED Cash in Bank
B. EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

10.104.13 $ 76,231.57 19,472.49

$ 7,157.37

$ 643,387.00 2,160,698.98 216.077.73

3.020.163.71

3.027.321.08

3 . 123.025.14

414

KU
>

AUGUSTA COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I, CURRENT FUNDS A, GENERAL Accounts Payable Unearned Income Unappropriated Surplus TOTAL GENERAL FUNDS

$ 8,668.62 14,502.45 37.272.35 $ 60,443.42

B. RESTRICTED Fund Balance

5,684.02

C. AUXILIARY

Accounts Payable

$

Unearned Income

Reserve for Property Rental

Reserve for Stores

Unappropriated Surplus

TOTAL AUXILIARY FUNDS

1,501.12 380.00 232.15
1,147.02 6.843.84

10.104.13

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III. PLANT FUNDS A. UNEXPENDED Fund Balance

$ 7,157.37

B. EXPENDED Investment in Plant

$3,020,163.71

76,231.57 19,472.49

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

3.020.163.71 3.027.321.08
$3.123.025.14

415

AUGUSTA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Fees Summer Session Other Student Fees TOTAL STUDENT FEES

$ 24,147.00 64,452.20 7,519.83 16,843.40 5.193.13

$118,155.56

PUBLIC APPROPRIATION State of Georgia - Regular Operations

307,000.00

OTHER Interest on Temporary Investments

531.25

TOTAL EDUCATIONAL AND GENERAL INCOME

$425,686.81

B. AUXILIARY ENTERPRISES STUDENT CENTER

$ 48,214.84

RENT

4.643.00

TOTAL AUXILIARY ENTERPRISE INCOME

52,857.84

C. STUDENT AID GIFTS AND GRANTS

9.360.35

TOTAL CURRENT INCOME

$487.905.00

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries Operating

and

Supplies

Waees

& Exoense EauiDment

EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

$ 14,596.44 $ 13,957.13 $ 639.31 $

Comptroller's Office

19,745.34 18,576.27

547.47

621.60

Registrar's Office

20.416.66 19.259.60

619.99

537.07

TOTAL ADMINISTRATION $ 54.758.44 $ 51.793.00 $ 1.806.77 $ 1.158.67

AUGUSTA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

____________

Object Classification________

Salaries Operating

and

Supplies

Total

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

GENERAL EXPENSE

Faculty & Staff Benefits $ 9,590.38 $

General Institutional

8.869.85

TOTAL GENERAL EXPENSE $ 18.460.23 $

$ 9,590.38 $ 8.869.85
$ 18.460.23 $

STUDENT WELFARE

$ 16.644.34 $ 15.952.00 $ 402.84 $ 289.50

PLANT OPERATIONS

$ 67.155.99 $ 32.708.32 $ 28.351.14 $ 6.096.53

LIBRARY

$ 31.749.92 $ 20.255.80 $ 1.053.59 $10.440.53

INSTRUCTION

Dean's Office

$ 20,944.94 $ 18,779.13 $ 2,051.18 $ 114.63

Summer Session

21,399.82 21,148.40

251.42

English - Speech

31,596.03

31,420.00

81.25

94.78

Modern Languages

11,726.60

11,675.00

51.60

Fine Arts

12,258.69

11,376.15

214.94

667.60

Social Science

30,291.16 30,116.66

174.50

Math - Engineering Drawing 20,823.45

20,550.00

3.95

269.50

Chemistry

17,390.99

13,555.85

2,697.91

1,137.23

Biological Science

20,741.80

16,723.85

2,798.68 1,219.27

Physics & Physical Science 12,893.60

11,400.09

262.70

1,230.81

Business Administration

20.056.97

18.275.00

488.77

1.293.20

TOTAL INSTRUCTION

$220.124.05 $205.020.13 $ 9.076.90

6.027.02

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$408.892.97 $325.729.25 $ 59,151.47 $24,012.25

B. AUXILIARY ENTERPRISES STUDENT CENTER
PROPERTY RENTAL

$ 47,,235.,55 $ 9,.518.25 $ 35.400.30 $ 2.317.00 $ 5,,857..46 $ 1 ,.060.00 $ 4.662.46 $ 135.00

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$ 53,,093,.01 $ 1 0 ,.578.25 $ 40.062.76 $ 2.452.00

STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

__h,344,.37 $

$ 4.344.37 $

$466.330.35 $336.307.50 $103.558.60 $26.464.25

417

AUGUSTA COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance

_For Year

June 30. 1961

CURRENT FUNDS

General Auxiliary

$ 43,637.08 $425,686.81 $ 408,892.97 $

8,838.18 52,857.84

53,093.01

Restricted

668.04

9.360.35

4.344.37

TOTAL CURRENT FUNDS $ 53.143.30 $487.905.00 $ 466.330.35 $

60,430.92 8.603.01 5.684.02
74.717.95

AGENCY FUNDS

$ 13.034.66 $ 35.188.61 $ 28.750.78 $ 19.472.49

PLANT FUNDS

$ 332.719.77 $ 3.218.22 $ 328.780.62 $ 7.157.37

TOTALS

$ 398.897.73 $526.311.83 $ 823.861.75 $ 101.347.81

STATEMENT OF AGENCY FUNDS For Year Ended. June 30, 1961

Application Fees Parking Permits Student Activities
TOTAL AGENCY FUNDS

Cash Balance Receipts Disbursements Cash Balance

Julv 1. 1960 For Year

For Year

June 30. 1961

$ 1,800.00 $13,800.00 $

260.38

414.50

10.974.28 20.974.11

1 2 ,0 0 0 .0 0 $ 231.11
16.519.67

3,600.00 443.77
15.428.72

1 = 13.034.66 $35.188.61 $ 28.750.78 $ 19.472.49

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Interest on Temporary Investments
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Construction (Complete) Architects (Complete) Loose Equipment (Complete)

$332,719.77
3.218.22 $335,937.99
$235,620.36 6,109.16
28,961.28

418

AUGUSTA COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Personal Services (Complete) Work in Process TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 2,792.30 55.297.52 $328.780.62
$ 7.157.37

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Current Funds Expended from Plant Funds TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Buildings Removed
INVESTMENT IN PLANT, JUNE 30, 1961

$2,723,728.97

$ 26,885.12 328.780.62

355.665.74

$3,079,394.71

59.231.00 $3.020.163.71

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

LAND 15.59 Acres 38.21 Acres 1.42 Acres 3.38 Acres 5.66 Acres
TOTAL LAND
BUILDINGS ZA-1 (Guidance) ZA-2 (Classroom) ZB-1 (Administration) ZB-7 ZC-1

Investment Beginning
___Of Year____ Additions

Investment End Of
Deductions _____E_____

$ 156,687.00 $ 382,100.00 14,200.00 33,800.00 56.600.00
$ 643.387.00 $

$

$ 156,687.00

382,100.00

14,200.00

33,800.00

56.600.00

$

$ 643.387.00

$ 36,738.00 $ 37,260.00
174,724.00 1,638.00 1,495.00

$ 37,260.00

$ 36,738.00
174,724.00 1,638.00 1,495.00

419

AUGUSTA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

B. BUILDINGS (CONTINUED)

ZC-3 (Storage)

$ 4,800.00 $

$

$ 4,800.00

ZC-4 and 5 (Heating Plant) 69,216.00

69,216.00

ZC-7 (Storage)

3,306.00

3,306.00

ZC- 8 (Classroom)

3,025.00

3,025.00

ZO-1 (President's Home)

78,246.00

78,246.00

ZO-2 (Fine Arts)

55,128.00

55,128.00

ZQ-1 (Classroom)

75,735.00

75,735.00

ZQ-2 (Residence)

15,316.00

768.35

16,084.35

ZQ-3 and 4 (Residence)

19,824.00

768.35

20,592.35

ZQ-5 (Residence)

16,170.00

768.35

16,938.35

ZQ- 6 (Residence)

16,170.00

1,933.53

18,103.53

ZQ-7 (Residence)

10,108.00

1,667.36

11,775.36

ZQ-10 (Classroom)

6 ,0 0 0 .0 0

6 ,0 0 0 .0 0

ZQ-11 (Classroom)

6 ,0 0 0 .0 0

6 ,0 0 0 .0 0

ZQ-13 (Classroom)

6 ,0 0 0 .0 0

6 ,0 0 0 .0 0

ZY-1 (Residence)

1 1 ,2 0 0 .0 0

768.35

11,968.35

ZY-2 (Residence)

16,856.00

1,062.44

17,918.44

ZY-3 (Storage)

1,620.00

1,620.00

ZY-7 (Greenhouse)

1,638.00

1,638.00

ZD-7 and 11

52,718.00

52,718.00

ZB-16, 17, and 19, ZD-1,

1A, 2, 3, 5, 6 , 8 , 9,

and 10; 113 and 114

169,027.00

169,027.00

98 (Storage)

6,552.00

6,552.00

99 (Warehouse)

39,606.00

39,606.00

101-2 (Library)

131,468.73 83,414.05

214,882.78

103-4 (Science Building)

143,620.38 103,151.34

246,771.72

105-6 (Warehouse)

80,199.00

80,199.00

107-8 (Student Center)

111,036.53 50,219.70

161,256.23

109-10 (Warehouse)

80,199.00

80,199.00

111-112 (Warehouse)

80,199.00

80,199.00

115

40,590.00

40,590.00

117 (Supply Room)

6,510.00

6,510.00

118 (Residence)

8,400.00

8,400.00

119

11,407.00

11,407.00

121

946.00

946.00

128

3,077.00

3,077.00

132

4,320.00

4,320.00

141 201 (Warehouse)

250.00 44,103.00

250.00 44,103.00

202 (Warehouse)

36,783.00

36,783.00

203 (Warehouse)

36,783.00

36,783.00

204 (Warehouse)

44,103.00

44,103.00

420

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?

AUGUSTA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

B. BUILDINGS (CONTINUED) Work in Progress Water Tank and Tower TOTAL BUILDINGS
c. EQUIPMENT
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

$

$ 55,297.52 $

$ 55,297.52

1 2 0 .0 0 0 .0 0

1 2 0 .0 0 0 .0 0

$1.920.110.64 $299.819.34 $59.231.00 $2.160.698.98

$ 160.231.33 $ 55.846.40 $

$ 216.077.73

$2.723.728.97 $355.665.74 $59.231.00 $3.020.163.71

421

Middle Georgia College FINANCIAL REPORT
For the Year Ended June 30, 1961

L. E. Roberts
President

MIDDLE GEORGIA COLLEGE Cochran, Georgia
Emory B. Grant
Comptroller

423

MIDDLE GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
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 LOAN FUNDS Cash in Bank Student Notes Receivable
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank
TOTAL UNEXPENDED
B. EXPENDED Land Buildings Improvements Other Than Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 29,454.42 5,920.43

35,374.85

$ 62,819.75 6,644.15
12.124.97

81.588.87

116,963.72

16,742.81

$ 3,074.45 19.716.55

22,791.00

$ 33,115.53 $ 33,115.53

$ 18,400.00 1,193,900.65

49,971.58 349.923.65

1.612.195.88

1.645.311.41

$1.801.808.94

424

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MIDDLE GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
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
III. STUDENT LOAN FUNDS Fund Balance

$ 5,920.43 13,885.00 15.569,42 $ 35,374.85

$ 18,769.12 62,819.75

81.588.87 $ 116,963.72

16,742.81

$ 22,791.00

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

26,459.13 6.656.40 $

33,115.53

B. EXPENDED Equity of University System Building Authority Investment in Plant

$ 449,124.04 1,163,071.84

22,791.00

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

1.612.195.88 1.645.311.41
$1.801.808.94

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL

STUDENT FEES

Non-Resident Tuition Matriculation Matriculation Deposits - Fall Quarter Health Service Other Student Fees
TOTAL STUDENT FEES

$ 2,310.00 38.817.00 13.885.00 6,713.00 1.275.60

$ 63,000.60

PUBLIC APPROPRIATION State of Georgia - Regular Operations

207,000.00

OTHER Interest Income

500.00

TOTAL EDUCATIONAL AND GENERAL INCOME

$270,500.60

B. AUXILIARY ENTERPRISES CAMPUS STORES

$ 52,282.31

DORMITORIES Browning Hall Ebenezer Hall Jackson Hall Peacock Hall Talmadge Hall Wiggs Hall TOTAL DORMITORIES

$ 19,087.79 2,495.00 128.50 9,273.72
12,022.32 8.482.42

51,489.75

INTEREST INCOME

756.56

FACULTY APARTMENTS

2,379.00

DINING HALL

124.806.08

TOTAL AUXILIARY ENTERPRISE INCOME

231.713.70

TOTAL CURRENT INCOME

-$502.214.30

426

MIDDLE GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE
STUDENT WELFARE
PHYSICAL PLANT
LIBRARY
GENERAL STORES

$ 13,650.00 $ 13,650.00 $

$

13,920.77 13,920.77

7.551.52

7.551.52

$ 35.122.29 $ 35.122.29 $

$

$ 18.564.43 $ 1.065.99 $ 17,498.44 $

$ 7.128.71 $ 5.429.78 $ 818.08 $ 880.85

$ 44.723.27 $ 21.550.68 $ 16.261.91 $ 6.910.68

$ 10.623.62 $ 6.653.82 $ 265.04 $ 3.704.76

$ 1.052.01 $

$ 1.052.01 $

INSTRUCTION Art Commerce Physical Education Science TOTAL INSTRUCTION
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 49,874.79 $ 48,933.13 $ 914.16 $

27.50

13,298.97

11,900.00

771.29

627.68

12,854.42 12,537.05

110.82

206.55

66.494.81 61.834.69

3.398.97

1.261.15

$142,522.99 $135,204.87 $ 5.195.24 $ 2 .1 2 2 .8 8

$259,737.32 $205,027.43 $ 41.090.72 $ 13.619.17

AUXILIARY ENTERPRISES CAMPUS STORES

$ 50.749.64 $ 7.424.63 $ 43.325.01 $

DORMITORIES Browning Hall Ebenezer Hall Jackson Hall Peacock Hall Talmadge Hall Wiggs Hall TOTAL DORMITORIES
FACULTY APARTMENTS

$ 15,311.12 $ 12,132.00 $ 2,316.12 $ 863.00

1,676.22

1,172.26

503.96

347.84

243.31

93.57

10.96

6,725.20

4,776.69

1,507.51

441.00

11,756.58

9,412.95

2,159.39

184.24

8.080.77

6.177.47

1.125.30

778.00

$ 43.897.73 $ 33.914.68 $ 7.705.85 $ 2.277.20

$ 1.747.64 $ 1.143.40

604.24 $

427

MIDDLE GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

Waees

& Expense Eauiument

B. AUXILIARY ENTERPRISES (CONT.)1

DINING HALL

$100.535.29 $ 33.859.06 $ 61.769.46 $ 4.906.77

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$196,930.30 $ 76.341.77 $113.404.56 $ 7.183.97

TRANSFER TO: Plant Funds - Replacement Reserve

11.038.91

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$207.969.21

$456.667.62 $281.369.20 $154.495.28 $ 20.803.14

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Auxiliary
AGENCY FUNDS STUDENT LOAN FUNDS PLANT FUNDS TOTALS

Cash Balance July 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$ 18,691.14 $270,500.60 $ 259,737.32 $

39.075.26 231.713.70

207.969.21

$ 57.766.40 $502.214.30 $ 467.706.53 $

29,454.42 62.819.75 92.274.17

$ 16.301.01 $ 50.160.94 $ 49.719.14 $ 16.742.81

$

903.45 $ 12.465.00 $ 10.294.00 $ 3.074.45

$ 27.704.05 $ 24.390.16 $ 18.978.68 $ 33.115.53

$ 102.674.91 $589.230.40 $ 546.698.35 $ 145.206.96

428

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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 BALANCES, JUNE 30, 1961

$ 29,454.42 62,819.75 33.115.53 $125,389.70

$ 16,342.81 3,074.45 400.00

19.817.26

$145.206.96

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Student Bank Student Activities Reservation Deposits Group Life Insurance Social Security Student Clubs
TOTAL AGENCY FUNDS

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$ 1,284.96 $ 10,130.28 $ 9,757.80 $

5,587.76 13,275.31

14,326.03

6,183.52

6,876.25

5,395.40

540.60

5,642.13

6,082.18

2,487.86 13,390.97

13,269.34

216.31

846.00

888.39

1,657.44 4,537.04 7,664.37
100.55 2,609.49
173.92

$ 1.301.01 $ 50.160.94 $ 49.719.14 $ 16.742.81

STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
RECEIPTS: Grant Under National Defense Education Act Miscellaneous Contributions Student Loans Collected TOTAL RECEIPTS
BALANCE, JULY 1, 1960, PLUS RECEIPTS
DISBURSEMENTS: Loans to Students
BALANCE, JUNE 30, 1961

$ 903.45

$ 9,810.00 2,525.00 130.00

12.465.00

$13,368.45

10.294.00 $ 3.074.45

429

MIDDLE GEORGIA COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 Receipts Disbursements Transfers June 30. 1961

Auxiliary Replacement Reserve $
College Bus Walker Hall Faculty Apartments Browning Hall Wiggs Hall Classroom Equipment Gymnasium Dining Hall Dormitory Equipment Library Shop & Incinerator

16,472.33 $11,463.91 $ 1,620.00 1,526.25 1,961.65 5,500.00 95.00 (-)25.36 1,770.85 97.40 437.74 2,460.00 307.00 2,507.44 5.900.00

$ 4,623.36 $

7,428.96
1,769.36 97.40
429.00 7,444.50

95.00 (->25.36
(->5,000.00 307.00

1.809.46

23,312.88 3,146.25 32.69
1.49
8.74 15.50
2,507.44 4.090.54

TOTALS

27.704.05 $24.390.16 $ 18.978.68 $

$ 33.115.53

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Transfer from Auxiliary Enterprises Public Appropriation - State of Georgia Bus Reserve Interest on Investments TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Dining Hall Gymnasium Walker Building Wiggs Hall Instructional Equipment Shop & Incinerator TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$27,704.05

$11,038.91 11,400.00 1,526.25 425.00

24.390.16

$52,094.21

$ 7,444.50 429.00
7,428.96 1,769.36
97.40 1.809.46

18.978.68

$33.115.53

430

MIDDLE GEORGIA COLLEGE
SUMMARY OF INVESTMENT Di PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$1,610,660.09

ADDITIONS Expended from Educational and 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 Inventory Adjustments TOTAL ADDITIONS

$ 13,619.17
7,183.97 14,851.36
9.00 6.649.91

42.313.41

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$1,652,973.50

DEDUCTIONS Equipment Disposed Of and Inventory Adjustments

40.777.62

INVESTMENT IN PLANT, JUNE 30, 1961

$1,612,195.88

DEDUCT: Equity of University System Building Authority

449.124.04

NET INVESTMENT IN PLANT, JUNE 30, 1961

$1.163.071.84

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Investment

Year

Beginning

Acauired Of Year

Investment

End Of

Additions Deductions

Year

A. LAND

Campus

1887 $ 13,200.00 $

$

$ 13,200.00

Off-Campus

1917

5.200.00

5.200.00

TOTAL LAND

$ 18.400.00 $

$

$ 18.400.00

B. BUILDINGS Science Building (Bldg. Authority) President's Home (Bldg. Authority) Talmadge Hall (Bldg. Authority) Walker Building

1958 $ 254,421.26 $

9.00 $

1958

41,711.83

1952 1928

153,371.54 234,326.56 4,700.00

$ 254,430.26
41,711.83
153,371.54 239,026.56

431

MIDDLE GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Ac auired

Investment Beginning Of Year

Investment

End Of

Additions Deductions

Year

BUILDINGS (CONT.)

Sanford Library

1938

New Dining Hall

1930

Dining Hall Annex

(Bldg. Authority) 1955

Browning Dormitory

1936

Peacock Dormitory

1934

Wiggs Dormitory

1922

Ebenezer

1890

Jackson Dormitory

1928

President's Home

1928

Gymnasium

1928

Faculty Apartments

1948

Science Building

1948

Auto Mechanic Building 1949

Stadium Field House 1948

Miscellaneous Campus

Building

1928

TOTAL BUILDINGS

$ 50,515.46 $

$

$ 50,515.46

41,109.94

41,109.94

77,474.89 93,705.03 45,770.50 55,354.33 11,543.71
5,894.20 6,500.00 1 1 ,0 0 0 .0 0 36,600.00 35,336.01 15,673.98 1,250.00

800.00

77,474.89 93,705.03 45,770.50 56,154.33 11,543.71
5,894.20 6,500.00 11,0 0 0 .0 0 36,600.00 35,336.01 15,673.98 1,250.00

16.832.41

16.832.41

$1.188.391.65 $ 5.509.00 $__________ $1.193.900.65

C. IMPROVEMENTS OTHER THAN BUILDINGS

Heating System

$ 31,026.98 $

$

Water System

10,999.60

Lighting System

6,750.00

Fencing

1.195.00

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ 48.776.58 $ 1.195.00 $

$ 31,026.98 10,999.60 6,750.00 1.195.00
$ 49.971.58

EQUIPMENT

Administration Offices

$

Physical Plant

Library

Instructional

Instructional

(Bldg. Authority)

Dormitories

Dormitories (Bldg. Authority)

Dining Hall

Campus Store

TOTAL EQUIPMENT

11,794.51 $ 4,566.54 $ 440.00 $ 60,100.27 6,294.53 43,694.57 3,704.76 1,108.77 73,107.33 2 ,1 2 2 .8 8 2,683.73
16,681.64 76,761.67 3,151.05 31,798.12 15,614.74 45,683.15 14,055.65 3,247.00 11.653.98 1,714.00 1.500.00 355.091.86 $35.609.41 $40.777.62 $

15,921.05 66,394.80 46,290.56 72,546.48
16,681.64 48,114.60 15,614.74 56,491.80 11,867.98 349.923.65

TOTAL INVESTMENT IN PLANT

$1.610.660.09 $42.313.41 $40.777.62 $1.612.195.88

432

Columbus College FINANCIAL REPORT
For the Year Ended June 30, 1961

COLUMBUS COLLEGE Columbus, Georgia

Thomas Y. Whitley
President

Doyle M. Dillard
Comptroller

433

CURRENT FUNDS A. GENERAL
Cash In Bank

COLUMBUS COLLEGE BALANCE SHEET June 30, 1961 ASSETS
$108,635.93

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

$108,635.93

$ 11,259.56 4,096.78

15.356.34 $123,992.27

12,346.86

126.419.12 $262.758.25

434

COLUMBUS COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Reserve for Outstanding Purchase Orders 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

$ 20,359.16 12,476.40 75.800.37

$108,635.93

$ 291.16 4,096.78
10.968.40

15.356.34 $123,992.27

12,346.86

126,419.12 $262.758.25

435

COLUMBUS COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Military Students Miscellaneous Student Fees Miscellaneous and General Summer Income (1961) Summer Income (1960) Medical Center Nurses St. Francis Hospital Nurses 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

$ 7,438.00 36,411.00 4,359.50 16,332.30 2,107.63 308.00 12,476.40 1.455.60 3,168.00 1.677.60

$ 85,734.03

1,580.62

3,624.80

211.000.00 $301,939.45

40.713.49 $342.652.94

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries

Operating

and

Supplies

Waees

& Expense Eauinment

EDUCATIONAL AND GENERAL ADMINISTRATION
President's Office Comptroller's Office Registrar's Office
TOTAL ADMINISTRATION

$ 15,347.32 $ 14,700.00 $ 13,809.96 13,233.28

647.32 $ 576.68

13.064.43 10.650.00

2.186.68

$ 42.221.71 $ 38.583.28 $ 3,410.68 $

227.75 227.75

436

COLUMBUS COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

___ Total____

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL (CONT.)

GENERAL

Faculty & Staff Benefits $ 6,742.57 $ 6,742.57 $

$

General Administration

4.035.74

4.035.74

TOTAL GENERAL

$ 10.778.31 $ 6.742.57 $ 4.035.74 $

STUDENT WELFARE PLANT OPERATIONS

$ 3.338.36 $ 2.888.39 $ 449.97 $ $ 28.310.29 $ 11.052.03 $ 13.177.74 $ 4.080.52

LIBRARY

$ 17.219.40 $ 9.548.80 $ 273.42 $ 7.397.18

UNIVERSITY OF GEORGIA Extension Expenses

$ 4.150.03 $ 2.230.32 $ 1.919.71 $

INSTRUCTION Dean's Office Business Education & Psychology Languages Physical Education Scienc e-Mathemat ics Social Science Summer School TOTAL INSTRUCTION

$ 9,014.78 $ 7,483.28 $ 1,531.50 $

8,594.15

8,008.34

186.06

399.75

9,721.02

9,518.00

203.02

37,901.53 36,401.00

434.98

1,065.55

9,795.25

8,249.43

1,080.32

465.50

36,159.13 31,942.34

2,892.38

1,324.41

27,371.18 26,749.99

261.19

360.00

15.310.00 15.310.00

$153.867.04 $143.662.38 $ 6.589.45 $ 3.615.21

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$259.885.14 $214.707.77 $ 29.856.71 $ 15.320.66

B. AUXILIARY ENTERPRISES CAMPUS STORE

$ 36.004.10 $ 4.082.55 $ 31.213.06 $ 708.49

TOTAL CURRENT EXPENDITURES

$295.889 24 $218.790.32 $ 61.069.77 $ 16.029.15

437

COLUMBUS COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts D isbur semen ts Cash Balance

For Year

For Year

June 30. 1961

CURRENT FUNDS General Auxiliary TOTAL GENERAL FUNDS
AGENCY FUNDS

$ 66,581.62 $301,939.45 $ 259,885.14 $ 108,635.93

6.550.17 40.713.49

36.004.10

11.259.56

$ 73.131.79 $342,652.94 $ 295.889.24 $ 119.895.49

$ 7.713.32 $ 80.696.31 $ 76.062.77 $ 12.346.86

TOTALS

$ 80.845.11 $423.349.25 $ 371.952.01 $ 132.242.35

BANK BALANCES

FOURTH NATIONAL BANK OF COLUMBUS, COLUMBUS, GEORGIA General General Savings Account , 3% General Savings Deposit Certificates, 3% Auxiliary Agency
TOTAL BALANCES, JUNE 30, 1961

$ 27,805.31 30,830.62 50,000.00 11,259.56 12.346.86
$132.242.35

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

Damage Deposit

$

30.00 $

$

$

Social Security

5,435.57

5,435.57

Teachers' Retirement

.01

9,788.19

9,788.20

Withholding Tax

25,731.90

25,731.90

Student Activities

2,680.91

14,614.26

11,071.77

Group Insurance

762.67

3,410.48

3,358.23

Flower Fund

56.34

38.00

48.93

CEEB

188.47

1,456.00

1,333.50

Admission Deposit

1,173.75

11,956.75

11,183.50

Restricted Donation

656.08

564.80

435.77

Optimist Club Scholarship

1,304.50

1,500.00

2,804.50

30.00
6,223.40 814.92 45.41 310.97
1,947.00 785.11

438

COLUMBUS COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance July 1. 1960

Receipts Disbursements Cash Balance

For Y ear

For Year

June 30. 1961

Graduation Fee

$

Restricted Donation-Library

Georgia State Income Tax

Activity Scholarship Fund

Baker High PTA Scholarship Fund

W. G. Bridges Scholarship Fund

C. F. Loridan Scholarship Fund

Georgia Alpha Delta Scholar

ship Fund

Insurance Women of Columbus

Scholarship Fund

Malone Office Equipment Co.

Scholarship Fund

United Givers

Georgia Educational

Association

National Educational

Association

Junior College Journal

Alumni Association

Bowling

AAUW Short Course

B&PW Secretarial Seminar

Jr. Womens Club Short Course

David Rothschild Scholarship

Chemistry Handbook

Cap and Gown Fee

82.05 40.00 738.54

$ 192.00 $
1,456.16 970.00 324.00 234.00 297.00
500.00
117.00
117.00 144.00
180.00
50.00 20.00 52.00 424.40 90.00 690.00 111.00 60.00 39.00 132.80

144.20 $ 40.00
2,194.70 484.00
117.00 273.00
20.84
117.00
117.00 144.00
180.00
50.00 20.00 39.33 326.90 90.00 333.78 80.15 60.00 39.00

129.85 486.00 324.00 117.00
24.00 479.16
12.67 97.50 356.22 30.85 132.80

TOTALS

$ 7.713.32 $ 80.696.31 $ 76.062.77 $ 12.346.85

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Enterprise Funds and Included in Current Expenditures TOTAL ADDITIONS

$112,089.29

$ 15,320.66

_____

-- 16,029,.15

439

COLUMBUS COLLEGE SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS DEDUCTIONS
Equipment (Desks) Returned to Muscogee County School District
NET INVESTMENT IN PLANT, JUNE 30, 1961
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

$128,118.44
1.699.32 Si 26.419.12

EQUIPMENT Administration and Classroom
TOTAL INVESTMENT IN PLANT

Investment Beginning Of Year

Additions

Investment

End Of

Deductions

Year

$112.089.29 $16.029.15 $ 1.699.32 $126.419.12 $112.089.29 $16.029.15 $ 1.699.32 $126.419.12

440

0

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South Georgia College
m

4 if

FINANCIAL REPORT

For the Year Ended June 30, 1961

V
f)1J *i*

SOUTH GEORGIA COLLEGE Douglas, Georgia

William S. Smith
President

Charles H. Elder
Comptroller

441

SOUTH GEORGIA COLLEGE y
BALANCE SHEET June 30, 1961
ASSETS

I, CURRENT FUNDS

A. GENERAL

A

Cash on Hand and in Bank

$ 36,538.62

Stores (Inventory)

6,506.05

TOTAL GENERAL FUNDS

$ 43,044.67

B. AUXILIARY

Cash on Hand and in Bank

$ 11,922.11

Inventories

Dining Hall $ 4,161.77

Bookstore and

Student

Center 13.699.00

17.860.77

TOTAL AUXILIARY FUNDS

29.782.88

TOTAL CURRENT FUNDS

V
72,827.55

II. AGENCY FUNDS Cash on Hand and in Bank

III.

STUDENT LOAN FUNDS Cash in Bank Notes Receivable

$ 6,656.85 14.992.46

26,208.09

TOTAL STUDENT LOAN FUNDS

21,649.31

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank

$ 58,532.36

TOTAL UNEXPENDED

$ 58,532.36

s

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

$ 8,224.93 1,295,970.88

223,059.61 318.724.51

1.845.979.93

TOTAL PLANT FUNDS

1.904.512.29

TOTAL ASSETS

$2.025.197.24

V

442

V
* r>

SOUTH GEORGIA COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS A. GENERAL Accounts Payable Reserve for Stores Unappropriated Surplus TOTAL GENERAL FUNDS
B. AUXILIARY Accounts Payable Reserve for Stores Unappropriated Surplus

$ 1,265.47 6,506.05
35.273.15 $ 43,044.67

$

50.79

17,860.77

11,871.32

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Fund Balance
III. STUDENT LOAN FUNDS Fund Balance

29.782.88 $ 21,649.31

72,827.55 26,208.09

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

$ 30,395.75 28.136.61 $ 58,532.36

B. EXPENDED Equity of University System Building Authority Investment in Plant

$ 616,013.90 1,229,966.03

21,649.31

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

1.845.979.93 1.904.512.29
$2.025.197.24

443

SOUTH GEORGIA COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS
OTHER SOURCES President's Home
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES STUDENT CENTER
DORMITORIES Davis Hall Men's Dormitory Women's Dormitory Powell Hall Proctor Hall TOTAL DORMITORIES
DINING HALL
FARM
WATCHMAN'S COTTAGE
TOTAL AUXILIARY ENTERPRISE INCOME
TOTAL CURRENT INCOME

$ 15,580.00 50,967.50 8,492.00 2.206.30

$ 77,245.80

204,000.00

300.00 $281,545.80

$ 45,276.02

$ 9,740.71 24,664.88 14,980.46 9,598.07 1.398.00

60,382.12

121,212.59

675.00

420.00

227.965.73

$509.511.53

SOUTH GEORGIA COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense Eauioment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Comptroller's Office Dean's Office Registrar's Office TOTAL ADMINISTRATION
GENERAL EXPENSE
STUDENT WELFARE
PLANT OPERATIONS
LIBRARY

$ 13,500.00 $ 13,400.00 $

15,370.89

15,193.50

6,423.97

6.300.00

9.140.00

8.740.00

$ 44.434.86 $ 43.633.50 $

100.00 $ 177.39 123.97 400.00 801.36 J ________

$ 21.341.67 $ 150.00 $ 21.191.67 $

$ 4.803.75 $ 4.450.00 $ 353.75 $

$ 39.108.83 $ 23.676.15 $ 14.972.46 $ 460.22

$ 13.281.22 $ 8.874.83 $ 1.489.50 $2.916.89

INSTRUCTION Fine Arts Language Social Science Science & Mathematics Business Administration Education Home Economics Physical Education Faculty Leave TOTAL INSTRUCTION

$ 5,291.09 $ 5,000.00 $ 291.09 $

30,958.46 30,800.00

158.46

26.500.00 26.300.00

200.00

35,119.19

32.000. 00

3,119.19

25.315.00 25.000. 00

275.05

39.95

3,527.47

3.500.00

27.47

5,594.38

5.100.00

319.38

175.00

12,263.29

11.600.00

663.29

2.400.00

2.400.00

$146.968.88 $141.700.00 $ 5.053.93 $ 214.95

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$269,939.21 $222.484.48 $ 43.862.67 $3.592.06

TRANSFER TO: Plant Funds

18.898.13

u

TOTAL EDUCATIONAL AND

GENERAL DISBURSEMENTS

$288.837.34

B. AUXILIARY ENTERPRISES STUDENT CENTER
DINING HALL

$ 47.903.13 $ 4.406.33 $ 43.483.82 $ 12.98 $104.963.58 $ 18.857.99 $ 85.691.55 $ 414.04

445

SOUTH GEORGIA COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense Equipment

B. AUXILIARY ENTERPRISES (CONT.)

DORMITORIES

Davis Hall Men1s Dormitory Powell Hall Proctor Hall Women's Dormitory
TOTAL DORMITORIES

$ 7,571.73 $ 4,562.34 $ 2,978.90 $ 30.49

19,767.82 11,013.09

8,647.21

107.52

8,038.90

4,822.22

3,183.97

32.71

2,346.01

1,540.36

785.49

20.16

22.545.21 13.416.51

9.016.30

112.40

$ 60.269.67 $ 35.354.52 $ 24.611.87 $ 303.28

FARM

$ 281.39 $

$ 281.39 $

WATCHMAN'S COTTAGE

$ 177.43 $

$ 177.43 $

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$213,595.20 $ 58.618.84 $154.246.06 $ 730.30

TRANSFER TO: Plant Funds

22.541.12

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$236.136.32

TOTAL CURRENT EXPENDITURES

$483.534.41 $281.103.32 $198.108.73 $4.322.36

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance lulv 1. 1960

Receipts Disbursements Cash Balance For Year ___For Year____ June 30. 1961

CURRENT FUNDS

General Auxiliary

$ 43,830,16 $281,545.80 $ 288,837.34 $

20.092.70 227.965.73

236.136.32

TOTAL CURRENT FUNDS L 63.922.86 $509.511.53 $ 524.973.66 $

AGENCY FUNDS

L - 28.745.08 $ 69.077.39 $ 71.614.38 $

36,538.62 11.922.11 48.460.73
26.208.09

STUDENT LOAN FUNDS PLANT FUNDS

L - 7.360.75 $ 10.443.00 A . L - 36.615.48 $113.880.39 $

11.146.90 $ 91.963.51 $

6.656.85 58.532.36

TOTALS

$ 136.644.17 $702.912.31 $ 699.698.45 $ 139.858.03

446

SOUTH GEORGIA COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

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

Cash Balance Receipts Disbursements Cash Balance

July 1. 1960 For Year

For Year

June 30. 1961

$

66.68 $ 25.00 $

131.04

211.00

146.34

287.50

16,972.70 19,314.00

580.00 2,050.00

1,471.20 30,274.07

27.93

2,010.59

818.25

6.483.59

$ 27.890.07 $52.979.82 $

$ 196.05
73.04 19,272.06
1,840.00 28,558.33
25.84 244.90 6.483.59 56.693.81 $

91.68 145.99 360.80 17,014.64 790.00 3,186.94
2.09 2,583.94
24.176.08

$

855.01 $11,925.00 $

651.10 $ 12,128.91

1,246.59

6,591.21 (-)5,344.62

737.45

5,108.66

(-)4,371.21

880.83

1,061.68

(->180.85

72.07

776.56

(->704.49

1.235.63

731.36

504.27

$

855.01 $16.097.57 $ 14.920.57 $

2.032.01

$ 28.745.08 $69.077.39 $ 71.614.38 $ 26.208.09

STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

CASH BALANCE, JULY 1, 1960
RECEIPTS National Defense Educational Grant South Georgia College Loans to Foreign Students (Federal Government) Repayment of Loans Interest on Loans TOTAL RECEIPTS

Loans To Kiwanis National

Foreign Loan

Defense

Students Fund Loan Fund

T tai

_________ $237.63 $7.123.12 $ 7.360.75

$

$

$8,100.00 $ 8,100.00

900.00

900.00

600.00 $ 600.00

837.00 6.00
$843.00

$9.000.00

600.00 837.00
6.00 $10.443.00

447

SOUTH GEORGIA COLLEGE STATEMENT OF STUDENT LOAN FUNDS (CONTINUED)

DISBURSEMENTS Loans to Students
CASH BALANCE, JUNE 30, 1961

Loans To Kiwanis National

Foreign Loan

Defense

Students Fund Loan Fund

Total

$ 600.00 $798.00 $9.748.90 $11.146.90

$

$282.63 $6.374.22 $ 6.656.85

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

Julv 1. 1960 Receipts Disbursements __Transfers June 30. 1961

Davis Hall

$ 1,061.38 $

$

Dining Hall

253.21

Gymnasium

303.51

Language Building

7,000.00

Peterson Hall

3,102.80

Powell Hall Proctor Hall

133.65 183.44

Student Center

1,439.75

Thrash Hall

3,830.87

Warehouse

2,333.42

Women's Dormitory

185.70

Acquisition of Land 2,000.00

Campus Curb &

Gutter

970.86

Campus Drainage and

Utilities

,242.60

Steam Lines

2,476.00 60,150.00

Tennis Courts

57.25 3,500.00

Campus Beautification 2,000.00

Instructional

Equipment

3,689.65 10,898.13

Miscellaneous Equip-

ment

140.15 10,000.00

Auxiliary Replacement

Reserve

11,836.24 20,541.12

Unexpended Plant

Fund Balance

375.00

1.791.14

1,149.20 $(->1,700.00 $

687.42 (->1,150.00

303.51

6,374.11

1,053.61

133.65

7.35

176.09

704.71

735.04

3,847.52

(->16.65

2,168.30

104.50

81.20

938.50
138.60 61,455.51

32.36 (->32.36

12,857.02 40.00

(->107.29 1,981.61-

1,612.18 715.79 625.89
2,049.19
165.12 2,000.00
104.00 1,202.85 3,557.25 2,000.00 1,838.05 10,100.15 30,395.75 2.166.14

TOTALS

$ 36.615.48 $113.880.39 $ 91.963.51 $

$ 58.533.36

448

> >1
'h k t $ il

SOUTH GEORGIA COLLEGE
STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$ 36,615.48

ADDITIONS State Appropriations Interest on Investments Transfer from General Funds Transfer from Auxiliary Enterprises Transfer from Agency Funds Sale of Trees, Shop Building and Land TOTAL ADDITIONS

$ 67,150.00 1.650.00
18,898.13 22,541.12
3.500.00 141.14

113.880.39

BALANCE, JULY 1, 1960, PLUS ADDITIONS

$150,495.87

DEDUCTIONS Buildings and Additions to Buildings Davis Hall Gymnasium Language Building Powell Hall Peterson Hall Proctor Hall TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$ 1,149.20 303.51
6,374.11 133.65
1,053.61 _______ 7.35
$ 9,021.43

Improvements Other Than Buildings

Campus Curb and Gutter

$ 938.50

Drainage and Utilities

138.60

Survey and Rehabilitation of Steam Line 61.455.51

TOTAL IMPROVEMENTS OTHER THAN

BUILDINGS

62,532.61

Equipment Dining Hall Student Center Thrash Warehouse Women's Dormitory Instructional Equipment Miscellaneous Equipment TOTAL EQUIPMENT

$ 687.42 704.71
3,847.52 2,168.30
104.50 12,857.02
40.00

20.409.47

TOTAL DEDUCTIONS

91.963.51

BALANCE, JUNE 30, 1961

$ 58.532.36

449

SOUTH GEORGIA COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended from Plant Funds TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Sale of .44 Acres of Land
INVESTMENT IN PLANT, JUNE 30, 1961
DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN PLANT,JUNE 30, 1961

$1,749,704,06

$ 3,592.06

730.30 91.963.51

96.285.87

$1,845,989.93

10.00 $1,845 979.93

616.013.90 Si.229.966.m

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Investment

Year

Beginning

Acauired Of Year

Investment

End Of

Additions Deductions

Year

LAND

Peterson Tract -

199.2 Acres

1907 $

Mrs. Ollie A. Bryan

Tract - 4403 Acres 1922

Mrs. Vicey Peterson

Tract - 4.4 Acres 1923

J. L. Cochran Tract -

8.85 Acres

1923

City of Douglas - 3

Acres

1938

Mrs. Vicey Peterson

Richey Tract - .0626

Acres

1938

J. M. Thrash Tract -

4.289 Acres

1944

98.43 $ 50.00 400.00 1,107.00
1.00
1.00 864.00

$ 10.00 $

88.43

50.00

400.00

1,107.00

1.00

1.00 864.00

450

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

A. LAND (CONTINUED)

Mrs. Lillian Price

Stubbs & Mrs. J. L.

Cochran Tract -

16.46 Acres 1945 $ J . F. Darby Tract -

2,500.00 $

6.28 Acres G & F Investment Co.

1945

2,750.00

Tract - .926 Acres 1945 TOTAL LAND

463.50 _ 8.234.93 $

$ _____

$ 10.00 $

2,500.00
2,750.00
463.50 8.224.93

B. BUILDINGS

Peterson Hall Davis Hall Powell Hall Dining Hall Fraser Hall Proctor Hall

1907 1907 1907 1927 1929 1929

Gymnasium Thrash Hall

1936 1939

Science Building (New

Language Building) 1946

Women's Dormitory

(Bldg. Authority) 1952

Classroom Annex (Bldg.

Authority)

1954

Science Building (Bldg,

Authority)

1958

President's Home

1953

Men's Dormitory (Bldg.

Authority)

1956

Farm Tenant House

Farm Barn

Tobacco Barn

Watchman's Cottage

Warehouse

1958

TOTAL BUILDINGS

$ 76,496.05 $ 1,053.61

57,959.16 1,149.20

62,140.59

133.65

42,669.56

42,706.37

42,316.93

7.35

26,285.23

303.51

47,613.83

29,765.37 6,374.11

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 $ 9.021.41

$ 77,549.66 59.108.36 62,274.24 42,669.56 42.706.37 42.324.28 26,588.74 47,613.83
36,139.48
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 $1.295.970.88

C. IMPROVEMENTS OTHER THAN

BUILDINGS

"South Georgia College" Sign $

937.31 $

$

$

937.31

Heating System

124,284.76

124,284.76

Landscaping Lighting System Marble Memorial Fountain

6,999.90 1,600.00
1,000.00

6,999.90 1,600.00
1,000.00

451

SOUTH GEORGIA COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

C. IMPROVEMENTS OTHER THAN BUILDINGS Streets & Sidewalks Swimming Pool Campus Bell System Campus Sewerage System Tennis Courts Campus Curb & Gutter Drainage & Utilities Survey & Repair of Heating System TOTAL IMPROVEMENTS OTHER THAN BUILDINGS

$ 2,000.00 $

$

2,800.00

542.50

12,099.24

3,442.75

4,039.14 757.40

938.50 138.60

24.00 61.455.51

$ 160.527.00 $62.532.61 $

$ 2,000.00 2,800.00 542.50
12,099.24 3,442.75
4,977.64 896.00
61.479.51
$ 223.059.61

D. EQUIPMENT Administration Offices Plant Operation Library Instruction Classroom Annex (Bldg. Authority) Science Building (Bldg. Authority) Dormitories Dormitories (Building Authority) Dining Hall Gymnasium Farm Bluebird Bus Student Center President's Home Infirmary Miscellaneous Warehouse TOTAL EQUIPMENT

$ 7,824.45 $ 3,847.52 $

14,064.20

460.22

32,523.36 3,207.74

76,741.94 12,781.12

$ 11,671.97 14,524.42 35,731.10 89,523.06

4,366.75

4,366.75

3,883.40 38,599.75

407.78

3,883.40 39,007.53

39,082.64

39,082.64

32,418.62 1,101.46

33,520*08

8,735.20

8,735.20

1,177.00

1,177.00

8,542.93

8,542.93

6,211.39

717.69

6,929.08

6,910.29

6,910.29

4,721.55

4,721.55

5,124.01

40.00

5,164.01

3.065.20 2.168.30

5.233.50

$ 293.992.68 $24.731.83 $ ______ $_ 318.724.51

TOTAL INVESTMENT IN PLANT

Si.749.704.06 $96.285.87 $ 10.00 $1.845.979.93

452

Armstrong College FINANCIAL REPORT
For the Year Ended June 30,1961

ARMSTRONG COLLEGE Savannah, Georgia

Foreman M. Hawes
President

Miss Jule Rossiter
Comptroller

453

ARMSTRONG COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Petty Cash Fund
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank
C. AUXILIARY Cash in Bank Stores (Inventory) TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Bank
III. PLANT FUNDS A. UNEXPENDED Cash in Bank
TOTAL UNEXPENDED
B. EXPENDED Land Buildings Equipment TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

$ 83,701.49 150.00

*

~ $ 83 85 1 49

2,119.02

$ 7,552.16 .. 9.615.72

17.167.88 $ 103,138.39

9,480.14

$ 306,775.44 $ 306,775.44

$ 80,000.00 926,201.00 242.628.53

1.248.829,53

1.555.604.97 $1.668.223.50

454

ARMSTRONG COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

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
Accounts Payable Fund Balance
TOTAL UNEXPENDED

B. EXPENDED Investment in Plant

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$ 1,342.37 9,389.75
73.119.37 $ 83,851.49
2,119.02

$ 9,615.72 7.552.16

17.167.88

103,138.39

9,480.14

$ 5,007.63 301.767.81

$ 306,775.44

$1,248,829.53
1.248.829.53 1.555.604.97
$1.668.223.50

455

ARMSTRONG COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL

STUDENT FEES

*

Matriculation Fees Non-Resident Tuition Summer Session Other Student Fees
TOTAL STUDENT FEES

$ 82,988.43 3,810.50 9,389.75 2.493.47

$ 98,682.15

t

PUBLIC APPROPRIATION

A

State of Georgia

323,000.00

OTHER SOURCES Veterans Administration Miscellaneous Sale of Surplus Property TOTAL OTHER SOURCES

$ 1,392.00 2,672.17 360.00

4.424.17

TOTAL EDUCATIONAL AND GENERAL INCOME

$426,106.32

V

B. AUXILIARY ENTERPRISES STUDENT CENTER

42,283.57

C. STUDENT AID GIFTS AND GRANTS

5.980.38

TOTAL CURRENT INCOME

1474.370.27

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

>

Obiect Classification

Salaries

Operating

V

and Total - -- Wages

Supplies & Expense

Enujpment

EDUCATIONAL AND GENERAL

J

ADMINISTRATION

Business Office President's Office Registrar's Office
TOTAL ADMINISTRATION

$ 13,223.01 $ 12,403.79 $

819.22 $

18,370.55

16,700.00

1,571.55

24.305.70

21.425.79

2.166.89

$ 55.899.26 $ 50.529.58 $ 4.557.66

99.00 713.02 812.02

* *

456

ARMSTRONG COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Eauipment

EDUCATIONAL AND GENERAL (CONT.)

GENERAL

Faculty & Staff Benefits $ 10,755.98 $ 10,755.98 $

$

General

12.788.56

5.780.00

7.008.56

TOTAL GENERAL

$ 23.544.54 $ 16.535.98 $ 7.008.56 $

STUDENT WELFARE

Student Personnel

$ 15,577.56 $ 14,513.00 $

Student Activities

8.596.15

8.490.00

TOTAL STUDENT WELFARE $ 24.173.71 $ 23.003.00 $

583.19 $ 106.15 689.34 $

481.37 481.37

PLANT OPERATIONS

$ 40.890.67 $ 18.157.14 $ 21.759.83 J _ 973.70

LIBRARY

$ 14.935.31 $ 10.299.53 $ 363.10 J _ 4.272.68

INSTRUCTION Academic Dean Evening College Business Administration Humanities Social Studies Science Home Economics Technical Physical Education "TOTAL INSTRUCTION

$ 14,409.05 $ 10,133.34 $ 2,905.99 $ 1,369.72

11,154.29

10,815.00

339.29

21,975.08 20,420.00

335.33

1,219.75

42,618.83 41,686.33

496.82

435.68

39,969.48 39,533.00

157.46

279.02

73,035.03

65,556.13

4,040.92

3,437.98

6,483.31

6,317.13

166.18

11,254.47

9,031.38

270.98

1,952.11

15.445.08 15.125.00

38.31

281.77

$236.344.62 $218.617.31 $ 8.751.28 $ 8.976.03

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$395,788.11 $337.142.54 $ 43.129.77 $ 15.515.80

TRANSFER TO: Plant Funds

9,342.24

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$405.130.35

457

ARMSTRONG COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

B. AUXILIARY ENTERPRISES STUDENT CENTER
C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

Total

Obiect Classification

Salaries

Operating

and

Supplies

-----Mafieg----- & Expense Eauinment

$ 40.052.05 $ 5.776.99 $ 34.275,.06 $

$ 5.014.24 $

$ 5.014..24 $

$440.854.40 $342.919.53 $ 82.419.,Q7 $_ 15.515.80

STATEMENT OF OPERATION OF RESTRICTED FUNDS

For Year Ended June 30, 1961

*

STUDENT AID SCHOLARSHIPS Miscellaneous Civic Organizations

Balance

Receipts

Julv 1. 1960 For Year

Disbursements

Balance

For Year

June 30. 1961

$ 1.152.88 $5.980.38 $ 5.014.24 $ 2.119.02

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance July 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

CURRENT FUNDS

General

$ 62,875.52 $426,106.32 $ 405,130.35 $

Restricted

1,152.88

5,980.38

5,014.24

Auxiliary

5.320.64 42.283.57

40.052.05

TOTAL CURRENT FUNDS

69.349.04 $474.370.27 $ 450.196.64 $

83,851.49 2,119.02 7.552.16
93.522.67

AGENCY FUNDS

6.494.51 $ 39.039.77 $ 36.054.14 $ 9.480.14

PLANT FUNDS

$ 256.422.00 $ 94.814.14 $ 44.460.70 $ 306.775.44

TOTALS

$ 332.265.55 $608.224.18 $ 530.711.48 $ 409.778.25

1
458

ARMSTRONG COLLEGE
STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Tilly 1. I960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

Miscellaneous

$

Cash Over and Short

College Board

Application Deposits

Group Insurance

Hospital Insurance

Social Security

State Withholding

Georgia Teachers' Retirement

Student Activities

_

TOTALS



$ 316.00 $

2.00

12.50

145.00

1,710.00

13,838.50

205.62

1,180.04

199.90

237.53

6,132.13

2,708.03

383.04

4.231.99

14,232.00

6.494.51 $ 39.039.77 $

316.00 $ 3.00
145.00 12,363.50
1,071.54 231.83
6,132.13 2,708.03
383.04 12.700.07
36.054.14 $

11.50 3,185.00
314.12 205.60
5.763.92 9.480.14

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$256,422.00

ADDITIONS City of Savannah Interest on Savings Account Transfer from General Funds TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS

$ 75,000.00 10,471.90 9.342.24

94.814.14

$351,236.14

DEDUCTIONS Expended for Rehabilitation of Buildings as Per Contract with City of Savannah: Electrical Work Mechanical and Related Work Advertising Engineers' Fees Painting and Redecorating Less: Reimbursement by Georgia Historical Society for its Pro rata Share of Restoration of Hodgson Hall TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 32,167.22 15,246.21 30.00 1,842.24 2.919.03

$ 52,204.70

7.744.00

44.460.70

$306.775.44

459

ARMSTRONG COLLEGE
SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds and Included in Current Operations Inventory Adjustments TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Equipment Disposed Of During Year and Inventory Adjustments
NET INVESTMENT IN PLANT, JUNE 30, 1961

$1,237,319.29

$ 15,515.80 3.013.73

18.529.53

$1,255,848.82

7.019.29 -$1.248.829.53

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

A. LAND
B. BUILDINGS Armstrong Building Jenkins Hall Lane Building Lane Annex Hunt Building Gamble Building TOTAL BUILDINGS
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

L 80.000.00 $

Investment End Of
Deductions ._____Year

$

$ 80.000.00

$ 435,000.00 $

$

$ 435,000.00

90,000.00

90,000.00

15,000.00

15,000.00

7,000.00

7,000.00

50,000.00

50,000.00

329.201.00

329.201.00

$ 926.201.00 $

$

$ 926.201.00

$ 27,048.78 $ 2,899.19 $ 59.29 $ 29,888.68

10,098.82

279.02

20.10

10,357.74

18,599.21

1,219.75

4,675.22

15,143.74

4,251.52

481.37

274.75

4,458.14

13,139.00

1,989.93

11,149.07

62,460.96 8,434.52

70,895.48

95.520.00 5.215.68

100.735.68

_ 231.118.29 $18.529.53 $ 7.019.29 $ 242.628.53

$1 .237.319.29 $18.529.53 $ 7.019.29 $1..248.829.53

460

Abraham Baldwin Agricultural College FINANCIAL REPORT
For the Year Ended June 30,1961

ABRAHAM BALDWIN AGRICULTURAL COLLEGE Tifton, Georgia

George P. Donaldson
President

J. T. Webb
Comptroller

461

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash in Bank Time Deposits Accounts Receivable Central Stores Inventory TOTAL GENERAL FUNDS

$ 14,256.27
, 20 000.00
2,338.93 4.561.21
$ 41,156.41

B. RESTRICTED Cash in Bank

1,046.67

C. AUXILIARY

Cash in Bank

$

Imprest Cash

Time Deposits

Stores

Student Store $ 4,942.63

Dining Hall

9.395.97

TOTAL AUXILIARY FUNDS

41,444.48 680.00
20,000.00
14.338.60

76.463.08

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank
.Time Deposits

$ 6,302.36
10.000.00

TOTAL AGENCY FUNDS

III.

STUDENT LOAN FUNDS Cash in Bank Time Deposits Notes Receivable

$

653.22

2,335.00

_____ 2.151.65

TOTAL STUDENT LOAN FUNDS

IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Time Deposits TOTAL UNEXPENDED

$ 15,109.20 32.713.11 $ 47,822.31

118,666.16 16,302.36 5,139.87

462

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ABRAHAM BALDWIN AGRICULTURAL COLLEGE
BALANCE SHEET June 30, 1961
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 Unappropriated Surplus

$ 4,139.29 4,561.21
32,455.91 $ 41,156.41
1,046.67
$ 3,997.50 14,338.60 58,126.98

TOTAL AUXILIARY FUNDS TOTAL CURRENT FUNDS II. AGENCY FUNDS Fund Balance
TOTAL AGENCY FUNDS III. STUDENT LOAN FUNDS
Fund Balance

76.463.08 $ 118,666.16

$ 16,302.36

16,302.36

$ 5,139.87

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance TOTAL UNEXPENDED

$ 32,713.11 15.109.20 $ 47,822.31

5,139.87

463

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1961

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

$ 26,600.00 1,804,342.98
281,531.33 452.635.17
$2.565.109.48
$2.612.931.79
$2.753.040.18

464

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant

$ 716,526.27 1,848,583.21

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$2,565,

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30. 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation Clinical Non-Resident Summer School Other Student Fees TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia Department of Education TOTAL PUBLIC APPROPRIATIONS
SALES AND SERVICES Home Management Farm Poultry Processing Plant Animal Production TOTAL SALES AND SERVICES
OTHER SOURCES Rents Miscellaneous Income TOTAL OTHER SOURCES
TOTAL EDUCATIONAL AND GENERAL INCOME
B. AUXILIARY ENTERPRISES BOOKSTORE
DINING - HOWELL HALL
DORMITORIES Annex Weltner Hall Herring Hall Lewis Hall Creswell Hall TOTAL DORMITORIES
TRANSFERS FROM EDUCATIONAL AND GENERAL
TOTAL AUXILIARY ENTERPRISE INCOME

$ 50,471.50 5.079.00 5.550.00 5,072.99 171.00

$ 66,344.49

$262,500.00 4.404.05

266,904.05

$ 1,950.00 2,498.47 3,799.80 4,833.02 2.581.35

15,662.64

$ 1,174.34 707.63

1.881.97 $350,793.15

$ 37,043.24 151,405.87

$ 9,246.89 12,809.63 9,247.45 10,375.24 16.904.49

58,583.70 756.89 247,789.70

466

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ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)

C. STUDENT AID GIFTS AND GRANTS Georgia Bankers' Association Civic Clubs TOTAL STUDENT AID
TOTAL CURRENT INCOME

$ 1,615.00 8.339.99 $ 9.954.99
$608.537.84

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries

Operating

and

Supplies

Wases

6 Expense Equipment

A. EDUCATIONAL AND GENERAL ADMINISTRATION President's Office Business Office Registrar's Office TOTAL ADMINISTRATION

$ 14,914.31 $ 12,599.41 $ 2,314.90 $

17,326.35

16,898.00

428.35

8.251.23

8.109.96

141.27

$ 40.491.89 $ 37.607.37 $ 2,884.52 $

GENERAL EXPENSE

Faculty & Staff Benefits $ 7,503.23 $

General Institutional

7,163.46

TOTAL GENERAL EXPENSE $ 14,666.69 $

$ 7,503.23 $

470.00

6.693.46

470.00 $ 14.196.69 $

STUDENT WELFARE

Dean of Men Dean of Women

$ 625.00 $ 625.00 $

1,340.00

1,340.00

Health Service

2.456.15

2,094.25

TOTAL STUDENT WELFARE $ 4.421.15 $ 4.059.25 $

$
361.90 361.90 $

PHYSICAL PLANT

$ 49,059.04 $ 21.894.81 $ 26.602.43 $ 561.80

LIBRARY

$ 12.598.17 $ 9,511.85 $ 588.06 $ 2,498.26

INSTRUCTION

Dean and Guidance

$ 5,102.29 $ 4,400.23 $ 699.67 $

Agricultural Engineering

15,921.20

13,130.75

1,824.84

Animal Husbandry

7,562.62

7,270.00

292.62

Agronomy and Botany

8,578.74

7,333.00

311.88

Field Crops

7,510.04

7,239.87

270.17

Forestry

7,515.30

6,976.95

410.14

Arts

36,233.56 35,359.50

533.16

2.39 965.61
933.86
128.21 340.90

467

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

Wages

& Expense Eauipment

EDUCATIONAL AND GENERAL (CONT.)

INSTRUCTION (CONT.)

Home Economics Physical Education

$ 13,050.59 $ 10,115.00 $ 2,043.48 $

10,709.45

9,278.50

1,137.00

892.11 293.95

Chemistry

12,656.30 10,306.00

907.99

1,442.31

Zoology

7,002.27

5,334.88

977.49

689.90

Soils

6,075.63

5,648.00

179.66

247.97

Math and Physics

17,918.68 16,560.48

213.82

1,144.38

Secretarial Science

9,943.75

8,731.92

719.76

492.07

Summer School

2.250.00

2.250.00

TOTAL INSTRUCTION

$168.030.42 $149.935.08 $ 10.521.68 $ 7.573.66

ACTIVITIES RELATED TO INSTRUCTION

Home Management

$ 1,348.93 $

$ 1,348.93 $

Farm

5,001.86

2,349.71

2,652.15

Poultry

4,854.69

1,266.00

3,588.69

Processing Plant

6,211.73

1,337.84

4,873.89

Animal Production

5.758.64

1.540.02

3.718.62

TOTAL ACTIVITIES RELATED

TO INSTRUCTION

$ 23.175.85 $ 6.493.57 $ 16.182.28 $

500.00 500.00

EXTENSION Short Courses Distributive Education TOTAL EXTENSION

$ 13,791.63 $ 10,035.49 $ 3,756.14 $

6.798.19

6.161.00

637.19

$ 20.589.82 $ 16.196.49 $ 4.393.33 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$333,033.03 $246.168.42 $ 75.730.89 $ 11,133.72

TRANSFERS TO: Plant Funds Auxiliary Enterprises

14,500.00 756.89

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$348.289.92

AUXILIARY ENTERPRISES STUDENT STORES
DINING - HOWELL HALL

$ 32.170.23 $ 2,105.04 $ 30.065.19 $ $122.970.70 $ 31.866.94 $ 90.579.46 A

524.30

468

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ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries

Operating

and

Supplies

Waees

& Exoense Equipment

B. AUXILIARY ENTERPRISES (CONT.)

DORMITORIES

Annex Hall Weltner Hall

$ 7,157.63 $ 4,571.90 $ 2,585.73 $

10,704.33

4,779.52

5,924.81

Herring Hall

8,996.16

3,823.25

5,114.11

Lewis Hall Creswell Hall
TOTAL DORMITORIES

10,180.36

4,525.08

5,655.28

14,801.03

8.528.97

6.272.06

$ 51.839.51 $ 26.228.72 $ 25.551.99 $

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$206.980.44 $ 60.200.70 $146.196.64

58.80 58.80 583.10

TRANSFERS TO:

Plant Funds

$ 2,500.00

Room Reservations

9,040.00

Plant Funds - Replacement

Reserve

12.230.47

TOTAL TRANSFERS

$ 23.770.47

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$230.750.91

C. STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

$ 9.296.23 $

$ 9.296.23 $

$549.309.70 $306.369.12 $231.223.76 $ 11.716.82

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Interest on Loans and Investments
BALANCE OF PRINCIPAL, JUNE 30, 1961

$5,043.18
96,69 $5.139.87

469

ABRAHAM BALDWIN AGRICULTURAL COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

LOAN FUNDS Ruth F. Wright Susie T. Moore Harry F. Kulbersh Ferrell Jolly Clovis Turk, Sales City Mrs. John G. Padriclc
TOTALS

Fund Balance

Fund Balance

Julv 1. 1960 Additions June 30. 1961

$

674.46 $ 6.75 $

1,222.41

1,527.79

59.04

513.85

1,072.50

30.00

32.17

.90

$ 5.043.18 $ 96.69 $

681.21 1,222.41 1,586.83
513.85 1,102.50
33.07
5.139.87

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Auxiliary Restricted TOTAL CURRENT FUNDS
AGENCY FUNDS
STUDENT LOAN FUNDS
PLANT FUNDS
TOTALS

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$ 31,753.04 $350,793.15 $ 348,289.92 $

45,085.69 247,789.70

230,750.91

387.91

9.954.99

9.296.23

$ 77,226.64 $608,537.84 $ 588.337.06 $

34,256.27 62,124.48
1.046.67 97.427.42

L. 3.175.62 $157,235.16 $ 144.108.42 $ 16,302.36

$ 2.784.65 $ 963.57 $

760.00 $ 2.988.22

$ 40.036.14 $ 42.861.61 $ 35.075.44 $ 47.822.31

$ 123.223.05 $809,598.18 $ 768.280.92 $ 164.540.31

470

ABRAHAM BALDWIN AGRICULTURAL COLLEGE BANK BALANCES

THE FARMERS BANK OF TIFTON, TIFTON, GEORGIA Demand Deposits Time Deposits
THE BANK OF TIFTON, TIFTON, GEORGIA Demand Deposits Time Deposits
TOTAL BALANCES, JUNE 30, 1961

$ 33,497.72 55.048.11 $ 88,545.83

$ 45,994.48 30.000.00

75.994.48

164.540.31

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Student Activity TABAC OAB Tax Withheld Student Payroll Student Bank Room Reservations
TOTAL AGENCY FUNDS

Cash Balance slu.lv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$

549.33 $ 14,191.69 $ 14,151.70 $

589.32

152.30

5,988.07

6,122.78

17.59

1,344.51

17,838.00

19,182.51

55,969.48

55,969.48

1,129.48 33,172.92

32,476.95

1,825.45

30,075.00

16,205.00

13.870.00

3.175.62 $157.235.16 $ 144.108.42 $ . 1.6.a02,3.6

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Gymnasium General Heatii
System Educational a
General Eqj Weltner Hall Auxiliary Equ Auxiliary Equ
Reserve Creswell Hall Teaching Equi

B a la n ce

Balance Transfers June 30. 1961

:$

57.30

1,156.94

(->27.08 92.50
(->10,664.97

506.91 3,124.91

10,664.97 32.35 27.08

32,713.11

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ABRAHAM BALDWIN AGRICULTURAL COLLEGE BANK BALANCES

THE FARMERS BANK OF TIFTON, TIFTON, GEORGIA Demand Deposits Time Deposits
THE BANK OF TIFTON, TIFTON, GEORGIA Demand Deposits Time Deposits
TOTAL BALANCES, JUNE 30, 1961

$ 33,497.72 55.048.11 $ 88,545.83

$ 45,994.48 30.000.00

75,994.48

$164.540.31

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Student Activity TABAC OAB Tax Withheld Student Payroll Student Bank Room Reservations
TOTAL AGENCY FUNDS

Cash Balance Julv 1. 1960

Receipts Disbursements Cash Balance

For Year

For Year

June 30. 1961

$

549.33 $ 14,191.69 $ 14,151.70 $

589.32

152.30

5,988.07

6,122.78

17.59 I

1,344.51

17,838.00

19,182.51

55,969.48

55,969.48

1,129.48 33,172.92

32,476.95

1,825.45

30,075.00

16.205.00

13.870.00

$ 3.175.62 $157.235.16 $ 144.108.42 $ _ 16.302.36

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

July. 1,.i9.frQ__Receipts Disbursements Transfers June 30. 1961

Gymnasium

$

General Heating

System

Educational and

General Equip.

Weltner Hall

Auxiliary Equipment

Auxiliary Equipment

Reserve

Creswell Hall

Teaching Equipment

57.30 $

$

1,156.94

17.42 92.50 285.62

7,000.00 2,500.00

31,147.61 12,230.47 136.55 27.08

$

57.30 $

6,537.59

(->27.08

92.50

10,325.68 (->10,664.97

104.20

10,664.97 32.35 27.08

1,156.94 506.91
3,124.91 32,713.11

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

July 1. 1960 Receipts disbursements Transfers June 30. 1961

Howell Hall

$

Rural Life Bldg.

Campus - Lights

Agricultural Bldg.

Tift Hall

Swimming Pool

Interest on

Investment

Science Building

President's Home

Auditorium

1,052.19 $

$

4,422.97

450.00

16.90 6,500.00

228.70

186.06

758.30

1,631.14 5,500.00 7,500.00

565.50 $ 4,413.10
35.00 6,479.06
378.50 128.50

$ 9.87
37.84 (-)149.80
57.56

4,749.31

1,362.38

1.359.00 (-H.500.00

486.69 415.00
1,027.06 750.69
7,500.00 141.00

TOTALS

$ 40.036.14 $42.861.61 $ 35.075.44 $

$ 47.822.31

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Appropriations - State of Georgia Transfers - Educational and General - Auxiliary Enterprises - Replacement Reserve Interest Earned on Investment
TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Rural Life Building Log Cabin Science Building Agricultural Building TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

Funds for Plant
Additions
$40,036.14
$12, 000.00 14,500.00 2,500.00 12,230.47 1.631.14
42.861.61
$82,897.75
$ 4,413.10 1,450.63 3,301.81 5.610.51
$14,776.05

472

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ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Expended for Plant Additions (Continued) Improvements Other Than Buildings Swimming Pool Campus Lights TOTAL IMPROVEMENTS OTHER THAN BUILDINGS
Equipment Science Building Tift Hall Weltner Hall Herring Hall Lewis Hall Creswell Hall Howell Hall Log Cabin Auditorium Automotive - Bus Agricultural Building Agricultural Engineering Building Processing Plant Gymnasium TOTAL EQUIPMENT
Other Deductions Expenditures Not Capitalized
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 128.50 35.00

$ 286.53 1,985.00 902.32 667.82 667.81 237.80 1,828.95 230.00 1,359.00 6,944.55 1,476.29 439.95 86.22 142.10

17,254.34

2.881.55 $35.075.44 $47.822.31

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS 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 from Plant Funds Expended by University System Building Authority TOTAL ADDITIONS

$2,318,574.43

$ 11,133.72
583.10 631.00 32,193.89 201.993.34

246.535.05

473

ABRAHAM BALDWIN AGRICULTURAL COLLEGE SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
INVESTMENT IN PLANT, JUNE 30, 1960 DEDUCT: Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1961
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

$2,565,109.48 716.526.27
$1.848.583.21

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

LAND Campus & Farm Farm
TOTAL LAND

1907 $ 10,000.00 $

1951

16.600.00

$ 26.600.00 $

$

$ 10,000.00

16.600.00

$

$ 26.600.00

BUILDINGS

Creswell Hall

1953

Science Building

1954

Agricultural

Engineering Bldg. 1954

Library

1938

Tift Hall - Adm.

1907

Auditorium -

Gymnasium

1938

Howell Hall - Dining 1938

Weltner Hall

1936

Lewis Hall

1907

Herring Hall

1907

Weltner Hall Annex 1958

Northside

1948

Home Economics Bldg. 1941

President's House

1915

Agricultural Building 1940

Lakeside

1947

Processing Plant

1942

Storage Feed

1940

Log Cabin

1937

Poultry Houses

1941

Barn

1953

Tenant #1

1940

Tenant #2

1943

Potato House

1950

Ina Gaines House

1955

$ 268,656.81 $

$

117,936.41 3,301.81

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 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

58.80 5,610.51 1,450.63

$ 268,656.81 121,238.22
99,927.47 14,508.07 80,139.83
115,104.02 54,324.32 76,312.04 91,950.35 90,284.12
166,241.00 11,187.50 21,153.88 13,530.39 47,479.28 23,281.80 47,947.37 938.88 7,961.39 14,384.59 6,286.08 300.00 300.00 564.74 30,414.98

474

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

BUILDINGS (CONT.)

Farm Shop Shed

1957

Hog Barn

1957

Cattle Barn

1957

Rural Life Building 1958

Library (Bldg. Auth.) 1960

TOTAL BUILDINGS

$ 6,000.00 $

$

3,408.49

1,026.29

183,084.63 4,413.10

201.993.34

$1.587.514.79 $216.828.19 $

$ 6,000.00 3,408.49 1,026.29
187,497.73 201.993.34 $1 .804.342.98

IMPROVEMENTS OTHER

THAN BUILDINGS Heating System Water Systems Electrical System

1948 1949 1949

$ 152,820.34 $ 84,490.97 6,923.00

Campus Bell System Fences Pond Irrigation Refrigeration System

1949 1949 1950 1952

1,563.27 100.00
5,539.40 2,122.62

Campus Landscape Pastures Sewerage Disposal Tennis Courts Swimming Pool

1952 1957 1948 1958 1960

2,753.97 3,830.16 13,320.41 3,915.00 3.813.94

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ 281,193.08$

174.75 $ 35.00
128.50 338.25 $

$ 152,995.09 84,490.97 6,958.00 1,563.27 100.00 5,539.40 2,122.62 2,753.97 3,830.16 13,320.41 3,915.00 3.942.44
$ 281.531.33

EQUIPMENT

Tift Hall - Administration $ 17,430.12 $ 2,056.39 $

- Classrooms

12,490.58

832.97

Log Cabin

4,034.34

230.00

Library

54,564.30 2,498.26

Auditorium - Gymnasium

43,475.02 2,322.05

Howell Hall

47,564.92 2,353.25

Weltner Hall

17,332.10

902.32

Herring Hall

17,106.53

667.82

Lewis Hall

17,952.34

667.81

Home Economics Building

10,653.48

892.11

Northside

1,409.69

Agricultural Building

12,725.43 3,488.05

Lakeside

3,532.31

Processing Plant

9,650.12

86.22

Farm Shop Shed

3,808.74

Storage Building

3,749.00

40.00

Poultry Building

3,174.64

Barn

1,253.98

Farm & Campus

6,110.62

278.05

$ 19,486.51 13,323.55 4,264.34 57,062.56 45,797.07 49,918.17 18,234.42 17,774.35 18,620.15 11,545.59 1,409.69 16,213.48 3,532.31 9,736.34 3,808.74 3,789.00 3,174.64 1,253.98 6,388.67

475

ABRAHAM BALDWIN AGRICULTURAL COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired Of Year

Investment

End Of

Additions Deductions

Year

D. EQUIPMENT (CONT.)

Irrigation

$

729.08 $

$

Automotive (Busses & Trucks)

24,301.20 7,048.55

Cresweli Hall

32,045.26

237.80

Agricultural Engineering Bldg;. 22,690.39

1,405.56

Ina Gaines House

6,207.62

Hog Barn

940.50

112.00

Cattle Barn

4,121.67

Science Building

22,988.14 3,121.19

Rural Life Building

13,508.96

128.21

Weltner Hall Annex

7.715.48

TOTAL EQUIPMENT

$ 423.266.56 $ 29.368.61 $

$

729.08

31,349.75

32,283.06

24,095.95

6,207.62

1,052.50

4,121.67

26,109.33

13,637.17

7.715.48

$ 452.635.17

TOTAL INVESTMENT IN PLANT

$2.318.574.43 $246.535.05 $

$2.565.109.48

Albany State College FINANCIAL REPORT
For the Year Ended June 30, 1961

ALBANY STATE COLLEGE Albany, Georgia

W. H. Dennis, Jr.
President

W. Shropshire
Comptroller

477

ALBANY STATE COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and in Bank Accounts Receivable Veterans Administration . Students Others Stores Inventory

$ 38,093.89
2.490.66 6,576.05 7,588.70 6.590.66

TOTAL GENERAL FUNDS

B. AUXILIARY

Cash on Hand and in Bank

$

Accounts Receivable - Students

Accounts Receivable - Others

Inventories

66,413.07 10,124.45
215.00 7,971.76

61,339.96

TOTAL AUXILIARY FUNDS

84.724.28

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank

III. STUDENT LOAN FUNDS Notes Receivable

IV. NATIONAL DEFENSE STUDENT LOAN FUND Cash in Bank Notes Receivable

$ 1,496.38 49,190.84

TOTAL NATIONAL DEFENSE STUDENT LOAN FUND

V. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Student Loans Due from Auxiliary Enterprises TOTAL UNEXPENDED

$ 22,269.56 14,511.18
33.412.29 $ 70,193.03

146,064.24 20,882.83 14,511.18
50,687.22

478

tT
kg |f p
' W f
x|> A
T

ALBANY STATE COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS

A. GENERAL

Accounts Payable

$

Purchase Orders Outstanding

Unearned Income

Reserve for National Science

Foundation

Reserve for Stores Inventory

Surplus

TOTAL GENERAL FUNDS

1,363.17 3,579.63 12,341.10
24,447.18 6,590.66
13.018.22 $

61,339.96

B. AUXILIARY Accounts Payable Purchase Orders Outstanding Unearned Income Reserve for Inventories Due Unexpended Plant Funds Surplus TOTAL AUXILIARY FUNDS

6,246.40 795.00
9,748.00 7,971.76 33,412.29 26.550.83

84.724.28

TOTAL CURRENT FUNDS

$ 146,064.24

II. AGENCY FUNDS Fund Balance

20,882.83

III. STUDENT LOAN FUNDS Due to Plant Funds

14,511.18

IV. NATIONAL DEFENSE STUDENT LOAN FUND Fund Balance

$ 50,687.22

TOTAL NATIONAL DEFENSE STUDENT LOAN FUND

V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance

$ 33,412.29 36,780.74

50,687.22

TOTAL UNEXPENDED

$ 70,193.03

479

ALBANY STATE COLLEGE

BALANCE SHEET June 30, 1961

ASSETS (CONTINUED)

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

$ 30,936.75 1,708,528.27
67,793.37 550.710.27
$2.357.968.66

TOTAL PLANT FUNDS TOTAL ASSETS

$2.428.161.69 $2.660.307.16

V If ) p I'K
^ A *, kt

b

480

ALBANY STATE COLLEGE
)$ w wV Iy A r <*
' A)
481

ALBANY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Fees Summer School Other Student Fees TOTAL STUDENT FEES

$ 2,487.06 111,464.19 8,538.41 17,832.02 2.205.48

$142,527.16

PUBLIC APPROPRIATIONS State of Georgia Dougherty County Board of Education TOTAL PUBLIC APPROPRIATIONS

$443,000.00 33.358.36

476,358.36

OTHER SOURCES Nursery School National Science Foundation Columbus Center General and Miscellaneous Income TOTAL OTHER SOURCES

$ 2,174.00 49,300.00 12,212.60 2.497.84

66.184.44

TOTAL EDUCATIONAL AND GENERAL INCOME

$685,069.96

B. AUXILIARY ENTERPRISES DINING HALL

$135,771.96

DORMITORIES Davis Hall Gibson Hall Peace Hall McIntosh Hall TOTAL DORMITORIES

$ 10,609.42 8,543.16
11,216.49 30.240.89

60,609.96

STUDENT CENTER Bookstore Snack Bar Post Office TOTAL STUDENT CENTER

$ 20,360.91 23,821.36 1.895.50

46,077.77

LAUNDRY

11.018.20

TOTAL AUXILIARY ENTERPRISE INCOME

253.477.89

TOTAL CURRENT INCOME

$938.547.85

482

ALBANY STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Total

Object Classification

Salaries Operating

and

Supplies

Waees

& Expense Equipment

EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

$ 16,798.86 $ 16,454.34 $ 344.52 $

Business Office

23,280.08 21,760.39

1,519.69

Records & Admissions Office 19.991.49

17.884.79

2.106.70

TOTAL ADMINISTRATION

$ 60.070.43 $ 56.099.52 $ 3.970.91 $

GENERAL EXPENSE Public Relations Faculty & Staff Benefits General & Institutional Expense TOTAL GENERAL EXPENSE

$ 10,147.47 $ 9,200.00 $ 895.82 $

14,472.95

411.00

14,061.95

24.924.65

3.339.61

21.585.04

$ 49.545.07 $ 12.950.61 $ 36.542.81 $

51.65 51.65

STUDENT WELFARE Dean of Students Dean of Men Dean of Women Health Service TOTAL STUDENT WELFARE

$ 12,010.77 $ 11,639.74 $ 371.03 $

3,262.65

3,025.00

237.65

3,726.71

3,453.00

273.71

9.559.26

8.387.98

1.171.28

$ 28.559.39 $ 26.505.72 $ 2.053.67 $

PLANT OPERATIONS

$ 79.010.02 $ 37.036.09 $ 40.462.24 $1,511.69

LIBRARY

$ 27.709.91 $ 19,747.22 $ 2,331.18 $5,631.51

INSTRUCTION

Dean of Instruction Art

$ 11,304.11 $ 8,267.00 $ 3,037.11 $

8,273.32

7,760.00

513.32

English & Dramatics

32,058.02 31,540.00

518.02

Modern Languages

11,014.76 10,864.54

140.87

9.35

Music

22,470.49

21,100.00

1,264.05

106.44

Education

47,512.25 47,059.90

452.35

Health & Physical Education1 32,659.38 32,008.00

617.18

34.20

Psychology & Special

Education

14,479.27

14,197.69

281.58

Science

45,693.36 44,378.72

1,253.02

61.62

Mathematics

17,274.37

17,167.00

107.37

Social Science

23,197.00 23,000.00

197.00

Business Administration

26,774.24 26,500.00

274.24

Summer School

26.528.17

26.315.00

213.17

TOTAL INSTRUCTION

$319,238.74 $310,157.85 $ 8.869.28

211.61

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Object Classification

Salaries Operating

and

Supplies

Total____ ___ Wages____ & Exoense EauiDment

A. EDUCATIONAL AND GENERAL (CONT.)

ACTIVITIES RELATED TO INSTRUCTION

Hazard Practice School

$ 39,104.52 $ 38,194. 68 $ 909.84 $

Nirrserv School

6.006.39

4.874.,50

1.131.89

TOTAL ACTIVITIES RELATED

TO INSTRUCTION

$ 45.110.91 $ 43.069.,18 $ 2.041.73 J ________

COLUMBUS CENTER

$ 18.318.24 $ 17.990.,15 $ 328.09 $

RESEARCH (NATIONAL SCIENCE FOUNDATION)

$ 49.145.02 $ 8.595..00 $ 40.550.02 ________

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$676,707.73 $532,151,.34 $137,149.93 $7.406.46

NON-EXPENSE Transfer to Plant Funds Stores TOTAL NON-EXPENSE

$ 15,337.39 1.454.69
$ 16.792.08

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$693,499.81

B. AUXILIARY ENTERPRISES DINING HALL

$112,398.37 $ 27.339.55 $ 84.211.52 $ 847.30

DORMITORIES Davis Hall Gibson Hall Peace Hall McIntosh Hall TOTAL DORMITORIES

$ 10,547.64 8.648.28 9.173.28
22.764.82 $ 51.134.02

$ 5,325.25 3,747.84 5,481.08
12.175.37 $ 26.729.54

$ 4,929.27 4,316.86 3,692.20
10.464.45 $ 23.402.78

$ 293.12 583.58
125.00 $1,001.70

STUDENT CENTER Bookstore Snack Bar Post Office TOTAL STUDENT CENTER
T.ATTMTYRV

$ 21,043.13 24,738.34 1.546.94
$ 47.328.41

$ 3,346.50 3,532.67 1.140.00
$ 8.019.17

$ 17,696.63 21,205.67 56.94
$ 38.959.24

$
350.00 $ 350.00

$ 6.698.40 $ 1.398.75 $ 5.299.65 _i________

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$217,559.20 $ 63.487.01 $151,873.19 $2,199.00

484

ALBANY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________________ Object Classification______

Salaries Operating

and

Supplies

Total

Wages

& Expense Equipment

B. AUXILIARY ENTERPRISES (CONT.)

TRANSFER TO:

Plant Funds - Replacement

Reserve

$ 10.000.00

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$227.559.20

TOTAL CURRENT EXPENDITURES

$894.266.93 $595.638.35 $289.023.12 $9.605.46

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

CURRENT FUNDS

General

$ 46,523 .74 $ 685,069.96 $ 693,499.81 $ 38,093.89

Auxiliary

40.494 .38 253.477.89

227.559.20

66.413.07

TOTAL CURRENT FUNDS $ 87.018 .12 $ 938.547.85 $ 921.059.01 $ 104.506.96

AGENCY FUNDS

$ 17.445 .39 $ 60.318.27 $ 56.880.83 $ 20.882.83

NATIONAL DEFENSE STUDENT LOAN FUND
PLANT FUNDS
TOTALS

$ 4.434 .86 $ 18.291.57 $ 21.230.05

1.496.38

$ 7,003 .51 $ 49.292.47 $ 34.026.42 $ 22.269.56

$ 115.901 .88 $1.066.450.16 $1.033.196.31 ? 149.155.73

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Alpha Kappa Alpha Sorority Archronian Club

Cash Balance Receipts Disbursements Cash Balance Julv 1. I960 For Year __ For Y&ar June 30. 1961

$

$ 60.00 $

(->.58

60.00 $

(->.58

485

ALBANY STATE COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts Disbursements Cash Balance July 1. 1960 For Year For Year June 30. 1961

Application Deposit

$ 1,405.00 $ 8,862.00 $

Athletic Committee Band Fund

817.56 3,584.25 (-)239.00

Bus Fund Class of 1954

(-)2,255.50 1,689.88 .02

Class of 1955 (Summer)

(-)IO.OO

10.00

Class of 1957

23.12

Class of 1957 (Summer)

52.48

Class of 1958

18.95

Class of 1958 (Summer)

44.00

Class of 1959

29.00

Class of 1960

634.00

Class of 1960 (Summer)

12.60

599.40

Class of 1961

48.21

612.02

Class of 1962

6.00

Class of 1963

16.00

Class of 1964

113.50

Collegians Scholarship Fund

55.00

Commercial Club

10.45

Davis Hall Dormitory Club

(-)20

Delta Sigma Theta Sorority

.80

34.63

J. W. Dobbs Scholarship Fund

294.00

Eta Phi Beta Scholarship Fund

292.00

Faculty Chest Fund

56.30 2,699.65

Future Teachers of America

14.00

General Deposits

14,590.15 2,994.98

Gibson Hall Dormitory Club

22.50

History Class

34.00

Holley's Memorial Fund

60.31

Homecoming Committee

(-)42.03

Honors Day

163.50

355.00

Hospital

.50

Kappa Alpha Psi Fraternity

4.00

Key Deposit

149.00

389.00

Language Art Festival

2.13

Library Club

11.02

McIntosh Hall Dormitory Club

National Teachers' Examination

427.00

National Defense Student Loan Fund

10.00

Panhellenic Council

10.75

81.85

Peace Hall Dormitory Club

.07

Phelps-Stokes Fund

344.25

Practice Teachers Board

75.80

Salary Savings

17.51

977.29

Sales Tax

(-)185.81

Senior Comprehensive Exams

95.00

5.00

7,604.00 $ 2,663.00

3,576.58

825.23

(-)239.00

993.63 (-)1,559.25

.02

23.12 52.48 18.95 44.00 29.00 634.00
157.01
8.00 40.00 48.00
34.63 294.00 100.00 2,661.46
850.00 24.76 34.00
42.10 352.50
474.00
11.02 4.00
442.00
83.05
143.49
962.47

612.00 503.22
6.00 8.00 73.50 7.00 10.45 (-).20
.80
192.00 94.49 14.00
16,735.13 (-)2.26
60.31 (-)84.13
166.00 .50
4.00 64.00
2.13
(-)4.00 (-H5.00
10.00 9.55 .07
200.76 75.80 32.33
(-)185.81 100.00

486

ALBANY STATE COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Cash Balance Receipts Disbursements Cash Balance Julv 1. 1960 For Year For Year June 30. 1961

Scholastic Aptitude Test

$

Sophomore Comprehensive Exam

Social Science Club

Student Activities

Student Government

Student Insurance

Student Teaching Fees

Student Voice

Vesper

Veterans Club

Women's League

World University Service

Year Book Accounts 1956-61

Y. M. C. A.

Zeta Phi Beta Sorority

Due to Educational and General

(-)106.00 $ 741.33 $

20.00

1.00

1,449.93 31,610.85

5.10

15.16

100.10

85.00 1,060.00

4.00

29.21

11.25

10.00

103.30

(->352.35 1,650.50

14.70

5.03

16.89

1.106.35

TOTAL AGENCY FUNDS

$ 17.445.39 $60,318.27 $

717.00 $ (->81.67

20.00

1.00

29,980.75

3,080.03

5.10

109.20

6.06

843.00

302.00

4.00

29.21

11.25

10.00

103.00

.30

4,190.80 (->2,892.65

14.70

18.46

3.46

1.106.35

56.880.83 $ 20.882.83

PUBLIC TRUST FUND - NATIONAL DEFENSE STUDENT LOAN For Year Ended June 30, 1961

RECEIPTS Federal Capital Contributions Alumni and Miscellaneous Gifts Repayment Loan Principal TOTAL RECEIPTS
BALANCE, JULY 1, 1960
TOTAL RECEIPTS AND BALANCE
PAYMENTS Investment - Student Loans
BALANCE, JULY 1, 1960
TOTAL PAYMENTS AND BALANCE
FUND ASSETS, JULY 1, 1960 Cash on Hand Notes Receivable
TOTAL

$16,380.00 1,885.57 26.00
$18,291.57 4,434.86
$22.726.43
$21,230.05 1496.38
$22.726.43
$ 1,496.38 49,190.84
$50.687.22

487

ALBANY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

Julv 1. 1960 Receints Disbursements Transfers June 30. 1961

Gibson Hall Peace Hall

$

$ 320.00 $

303.77

602.23

Davis Hall

845.00

Dining Hall

200.00

Shops & Warehouse

228.87 5,171.13

McIntosh Hall Hazard Education

(-)296.27 1,986.27

Center

665.04

Caroline Hall

717.88 12,500.00

Student Center

53.25

Non-Recurring

Equipment

1,017.20 15,712.76

Athletic Field

4,031.52 1,455.08

Sanford Hall

(Boiler)

469.00

Land

(->186.75

500.00

President's Residence

3,000.00

Campus Fence

7.000.00

271.84 $

$

2,423.75 (->1,769.25

233.81

300.00

1,896.76 1,011.16

403.00

12,559.74

215.04

11,206.94 3,191.67

(->215.04

469.00

1,230.75

1,769.25

(->1.172.00

48.16 251.50 311.19 200.00 3,503.24 275.84
450.00 658.14
53.25
5,738.06 2,294.93
313.25
8.172.00

TOTALS

$ 7.003.51 $49.292.47 $ 34.026.42 $

$ 22.269.56

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$ 7,003.51

ADDITIONS State of Georgia - Regents Allotment Sand Hill Property Receipts Transfers from Auxiliary Enterprises Transfers from Unappropriated Surplus (E&G) Student Loan Receipts

$22,500.00
1 ,0 0 0 .0 0
, 10 000.00
15,337.39
455.08

TOTAL ADDITIONS

49.292.47

BALANCE, JULY 1, 1960, PLUS ADDITIONS

$56,295.98

DEDUCTIONS Expended for Plant Additions Buildings and Additions to Buildings Caroline Hall Peace Hall

$12,559.74 2,000.00

488

. r*7 Vf
'f I* ><4 f >

ALBANY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS

Expended for Plant Additions (Continued)

Buildings and Additions to Buildings (Continued)

McIntosh Hall

$ 42.00

President's Residence

1.120.39

TOTAL BUILDINGS AND ADDITIONS

TO BUILDINGS

$15,722.13

Improvements Other Than Buildings Development of Athletic Field

3,191.67

Equipment McIntosh Hall Peace Hall Gibson Hall Davis Hall President's Residence Shops and Warehouse Non-Recurring Equipment Admini strative Student Welfare Instructional Plant Operations Activities Related to Instruction Auxiliary Enterprises (Dormitory) TOTAL EQUIPMENT

$ 4,331.55 293.50
4,313.28 1,456.25
318.90
493.46

TOTAL DEDUCTIONS

BALANCE, JUNE 30, 1961

969.16 423.75 271.84 233.81 110.36 1,896.76
11.206.94

15.112.62 $34.026.42 $22.269.56

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Educational and General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures Expended from Plant Funds TOTAL ADDITIONS

$2,314,336.78

$ 7,406.46
2,199.00 34.026.42

43.631.88

489

ALBANY STATE COLLEGE SUMMARY OF INVESTMENT IN PLANT (CONTINUED)
INVESTMENT IN PLANT, JUNE 30, 1961 DEDUCT: Equity of University System Building Authority
INVESTMENT IN PLANT, JUNE 30, 1961
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

$2,357,968.66 518.927.65
$1.839.041.01

Investment Beginning Of Year

Additions

Investment End Of
Deductions _____ Year_____

LAND

$ 30.936.75 $

$

$ 30.936.75

BUILDINGS

McIntosh Hall (Building

Authority)

$ 187,104.80 $

Science Building (Building

42.00 $

Authority)

284,126.89

Sanford Hall (Building

Authority)

229,549.51

Student Center (Old Library) 38,340.03

Caroline Hall

156,570.95

Dining Hall

85,781.27

12,559.74

Hazard Training School

Addition

111,844.66

Gibson Hall

75,499.93

Peace Hall

73,306.04 2,000.00

Davis Hall

43,292.56

Shops and Warehouse (Boys

Project)

17,746.39

Nursery School (Farm House)

1,499.08

Maintenance Storage

(N. Y. A.)

1,200.00

President's House

12,000.00

1,120.39

Garage

315.00

Hazard Education Center

133,042.44

Margaret Rood Hazard

Library (New)

241.586.59

TOTAL BUILDINGS

$1 .692.806.14 $15,722.13 $

$ 187,146.80
284,126.89
229,549.51 38,340.03
169,130.69 85,781.27
111,844.66 75,499.93 75,306.04 43,292.56
17,746.39 1,499.08
1,200.00 13,120.39
315.00 133,042.44
241.586.59 $1..708.528.27

IMPROVEMENTS OTHER THAN

BUILDINGS

_ 64.601.70 $ 3.191.67 $

$ 67.793.37

EQUIPMENT Administrative Offices Physical Plant

$ 36,628.06 $ 4,676.70 $ 31,288.84 4,975.06

$ 41,304.76 36,263.90

490

ALBANY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment Beginning Of Year

Additions

Deductions

Investment End Of Year

EQUIPMENT (CONTINUED)

Library

$ 147,554.37 $ 5,631.51 $

Instructional Departments

147,039.71

4,843.79

Dining Hall

36,746.47

847.30

Student Center (Old Library) 8,367.24

Dormitories

48,945.16 2,299.56

McIntosh Hall (Building Authority)

18,625.68 1,094.16

Sanford Hall (Building Authority)

24,054.88

Science Building (Building Authority)
Post Office Automotive Equipment
La u n d ry
TOTAL EQUIPMENT

13,118.21

471.35

350.00

13,124.15

28.07

525.992.19 $24.718.08 $

TOTAL INVESTMENT IN PLANT

82.314.336.78 $43.631-88 $

$ 153,185.88 151,883.50 37,593.77 8,367.24 51,244.72

19,719.84

24,054.88

_____ L

13,118.21 821.35
13,124.15 28.07
550.710.27

$2.357.968.66

491

Fort Valley State College FINANCIAL REPORT
For the Year Ended June 30,1961

FORT VALLEY STATE COLLEGE Fort Valley, Georgia

C. V. Troup
President

L. R. Bywaters
Comptroller

493

FORT VALLEY STATE COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

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

$ 25,386.53 40,000.00 1,831.55
$ 67,218.08

$

810.11

1.193.57

2,003.68

$ 85,537.10
, 20 000.00
3,225.69 6,048.73

TOTAL AUXILIARY FUNDS

114.811.52

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

40,100.00 12,026.46
3,286.19
12.000.00

$ 184,033.28 43,286.09
13,514.33
67.412.65

TOTAL ENDOWMENT FUNDS

80,926.98

IV. STUDENT LOAN FUNDS Cash in Bank Student Notes Receivable

$ 8,440.53 33.163.74

TOTAL STUDENT LOAN FUNDS

41,604.27

494

V
a if
} jt f If
*

FORT VALLEY STATE COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS

A .) GENERAL

Accounts Payable

$

Purchase Orders Outstanding

Unearned Income

Unappropriated Surplus

TOTAL GENERAL FUNDS

24,002.11 300.00
17,914.41 25.001.56
$

67,218.08

B. RESTRICTED Fund Balance

$ 2,003.68

TOTAL RESTRICTED FUNDS

2,003.68

C. AUXILIARY Accounts Payable Reserve for Inventories Due to Plant Funds Due to Regents - Duplexes Unearned Income Surplus TOTAL AUXILIARY FUNDS

$ 6,387.21 6,048.73
17,080.05 2,432.38 8,347.42
74.515.73

114.811.52

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Fund Balance

III. ENDOWMENT FUNDS Fund Balance

80,926.98

184,033.28 43,286.09

TOTAL ENDOWMENT FUNDS IV. STUDENT LOAN FUNDS
Fund Balance
TOTAL STUDENT LOAN FUNDS

41,604.27

80,926.98 41,604.27

495

FORT VALLEY STATE COLLEGE

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1961

V. PLANT FUNDS

A. UNEXPENDED

Cash in Bank

$

Temporary Investments

Due from Auxiliary Enterprises

TOTAL UNEXPENDED

75,333.41 15,000.00 17.080.05

$ 107,413.46

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

$ 58,305.62 3,327,100.80

167,517.19 990.807.30

4.543.730.91

TOTAL PLANT FUNDS

$4.651.144.37

TOTAL ASSETS

$5.000.994.99

496

it
A>
A A# ffa AA
>
fj
>4 d
ff
ff
r

FORT VALLEY STATE COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

V. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance
TOTAL UNEXPENDED

$ 71,428.35 35,985.11
$ 107,413.46

B. EXPENDED Equity of University System Building Authority Due to Endowment Funds Investment in Plant
TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES

$1.599,352.81 3^286.19
2,941,091.91

4.543.730.91 $4.651.144.37 $5f000r994.99

497

FORT VALLEY STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

General Income

Restricted Income

Total

A. EDUCATIONAL AND GENERAL STUDENT FEES Matriculation - Regular Non-Resident Tuition Summer Session Health Service Other TOTAL STUDENT FEES

$ 119,668.29 $ 4,843.94
22,940.16 8,398.50 3.323.10
$ 159.173.99

$ 119,668.29 4,843.94
22,940.16 8,398.50 3.323.10
$ 159.173.99

PUBLIC APPROPRIATIONS Peach County State of Georgia Vocational Funds Morril1-Nelson TOTAL PUBLIC APPROPRIATIONS
ENDOWMENT INCOME

$ 73,051.22 $

$ 73,051.22

693,000.00

693,000.00

9,923.42

9,923.42

32.236.00

32.236.00

$ 766.051.22 $42.159.42 $ 808.210.64

$

240.00 $

$

240.00

SALES AND SERVICES Farm

$ 4.356.55 J ___

$ 4.356.55

OTHER SOURCES Property Rentals

_

275.00 $

$

275.00

TOTAL EDUCATIONAL AND GENERAL INCOME $ 930,096.76 $42,159.42 $ 972,256.18

TRANSFER FROM: University of Georgia

8.198.81

8.198.81

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$ 930.096.76 $50.358.23 $ 980,454.99

AUXILIARY ENTERPRISES CAMPUS STORE

$ 54.078.61 $

$ 54.078.61

DINING HALL

$ 181.056.50 $

$ 181.056.50

DORMITORIES Davison Hall Huntington Hall Ohio Hall Jeanes Hall TOTAL DORMITORIES

$ 21,926.97 $ 9,312.73
18,047.42 28.240.72 77.527.84 *

$ 21,926.97 9,312.73
18,047.42 28.240.72 $ 77.527.84

498

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT INCOME (CONTINUED)

B. AUXILIARY ENTERPRISES (CONTINUED) LAUNDRY
PROPERTY RENTALS
TOTAL AUXILIARY ENTERPRISE INCOME
C. STUDENT AID ENDOWMENTS
GIFTS AND GRANTS Sears, Roebuck and Company
TOTAL STUDENT AID INCOME
NON-INCOME Transfer from Agency Funds
TOTAL STUDENT AID RECEIPTS
TOTAL CURRENT INCOME

General Income

Restricted Income

Total

$ 21.602. 36 $ $ 7.335.,63 $ $ 341.600.,94 $

$ 21.602.36! $ 7.335.63 $ 341.600.94

$

$ 2.797.84 $ 2.797.84

$

$ 1.800.00 $ 1.800.00

$

$ 4,597.84 $ 4,597.84

671.00

671.00

$

$ 5.268.84

5.268.84

$1 .271.697, .70 $46.757.26 $1.318.454.96

STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

Fund Classification General Restricted

_____ Object Classification_____

Salaries Operating

and

Supplies

Wages

& Expense Equipment

A. EDUCATIONAL AND

GENERAL

ADMINISTRATION Business Office $ 37,306.40 $

$ 35,939.65 $ 1,349.64 $

17.11

President's Office 16,676.39

16,330.00

321.64

24.75

Registrar's Office 20.461.99

16,187.01 2,699.98 1,575.00

TOTAL ADMIN- ; ISTRATION $ 74.444.78 $__________ $ 68.456.66 $ 4,371.26 $ 1,616.86

GENERAL EXPENSE General Admin istration $ Public Relations

27,723.10 $ 6,270.64

$ 4,517.74 $ 23,205.36 $

4,280.00 1,104.06

886.58

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Waees

& Exoense Eauioment

EDUCATIONAL AND

GENERAL (CONT.)

GENERAL EXPENSE (CONT.)

Faculty & Staff

Benefits

$ 27.011.54 $__________ $___________ $ 27.011.54 $

TOTAL GENERAL

EXPENSE

$ 61.005.28 $

$ 8.797.74 $ 51.320.96 $

886.58

STUDENT WELFARE

Dean of Men

$

Dean of Women

Infirmary

Office-Student

Personnel

TOTAL STUDENT

WELFARE

$

2,512.55 $ 3,938.46 9,496.80

$ 2,440.00 $

72.55 $

3,840.00

98.46

8,448.50 1,048.30

7.302.74

6.740.00

258.52

23.250.55 $__________ $ 21.468.50 $ 1.477.83 $

304.22 304.22

PLANT OPERATIONS

164.840.76 $

$ 83.778.39 $ 77.726.25 $ 3.336.12

LIBRARY

$ 70.234.21 $

$ 48.389.86 $ 10.497.53 $11.346.82

INSTRUCTION

Administrative

Dean Agriculture

$ 15,184.10 $

$ 14,542.07 $ 352.03 $ 290.00

44,599.07 17,721.74 55,819.29

6,284.02

217.50

Art

5,953.74

4,960.00

554.63

439.11

Business Education 14,614.53 1,686.00 15,106.67

715.14

478.72

Education

35,526.32 3,300.00 36,559.30 2,024.12

242.90

English

38,994.65 4,200.00 41,760.00

844.46

590.19

Health Education 18,644.93

17,700.00

897.93

47.00

Home Economics

20,144.46

19,340.00

619.46

185.00

Languages

16,987.23

16,140.00

477.07

370.16

Graduate Division 44,943.22

44,124.99

523.23

295.00

Military Science

& Tactics

6,432.90

6,050.00

382.90

Music

22,858.14

21,586.70 1,209.94

61.50

Science

53,531.52 8,900.00 54,394.60 4,924.84 3,112.08

Social Science

44,448.38

43,806.11

489.45

152.82

Summer School

46.331.96

44.943.00 1.388.96

TOTAL

INSTRUCTION $ 429.195.15 $35.807.74 $436.832.73 $ 21.688.18 $ 6,481.98

500

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

_________ ____________________ Object Classification_____

Salaries Operating

Fund Classification

and

Supplies

General Restricted Wages

& Expense Equipment

A. EDUCATIONAL AND

GENERAL (CONT.)

ACTIVITIES RELATED

TO INSTRUCTION Farm

, $ 11,088.57 $

Demonstration High

School

61,501.61

Nursery School _______ 640.98

TOTAL ACTIVITIES

RELATED TO INSTRUCTION $ 73.231.16 $

$ 4,554.72 $ 6,368.85 $ 165.00 57,921.30 2,388.85 1,191.46
_____________________ 558.34______ 82.64
$ 62.476.02 $ 9.316.04 $ 1.439.10

EXTENSION Vocational Education $

$ 5.825.32 $ 2.477.92 $ 2.601.30 $ 746.10

RESEARCH

Agriculture

$

Carnegie

TOTAL

RESEARCH

$

$ 9,638.95 $ 8,632.20 $

662.77

121.25

970.75 $ 541.52

662.77 $ 9.638.95 $ 8.753.45 $ 1.512.27 $

36.00 36.00

TOTAL EDUCATIONAL

AND GENERAL EXPENDITURES

$ 896,864.66 $51.272.01 $741.431.27 $180.511.62 $26.193.78

TRANSFER TO: Plant Funds

28.135.00

TOTAL EDUCATIONAL

AND GENERAL

DISBURSEMENTS

$ 924.999.66

AUXILIARY ENTERPRISES CAMPUS STORE

$ 50.715.76 $

DINING HALL

$ 158.341.63 $

$ 7.577.90 $ 43.137.86 $ $ 47.247.03 $109.723.62 $ 1.370.98

DORMITORIES

Davison Hall

$

Huntington Hall

Ohio Hall

.Teanes Hall

11,651.76 $ 8,699.39
13,420.46 24.866.69

TOTAL DORMITORIES

58.638.30 $ ...

$ 5,518.32 $ 5,990.91 $

6,280.45

2,212.56

11,422.63

1,793.46

14.343.58 10.423.11

$ 37.564.98 $ 20.420.04 $

142.53 206.38 204.37 100.00
653.28

501

FORT VALLEY STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Fund Classification General Restricted

Object Classification

Salaries Operating

and

Supplies

Waees

& Exoense EauiDment

AUXILIARY

ENTERPRISES (CONT.)

LAUNDRY

$

16,487.18 $

$ 12.406.07 $ 3.903.04 $ 178.07

FACULTY HOUSING

$

2.294.48 $

$

$ 2.120.33 $ 174.15

TOTAL AUXILIARY ENTERPRISE EXPENDITURES

$ 286.477.35 J _____

$104.795.98 $179.304.89 $ 2.376.48

TRANSFERS TO:

Plant Funds -

Debt Service $

Plant Funds -

Replacement

Reserve

Board of Resents

TOTAL

TRANSFERS

$

2,379.52
15,695.00 7.297.14
25.371.66

TOTAL AUXILIARY ENTERPRISE DISBURSEMENTS

$ 311.849.01

STUDENT AID SCHOLARSHIPS
TOTAL CURRENT EXPENDITURES

$

$ 4.010.00 1 __________ $ 4.010.00 $

$1.183.342.01 $55.282.01 $846.227.25 $363.826.51 $28.570.26

STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30, 1961

Balance

Receipts Disbursements

Balance

July 1. 1960 For Year

For Year

June 30. 1961

A. EDUCATIONAL AND GENERAL

Science Research

$

Julius Rosenwald Fund

Morr111-Nelson Fund

128.00 300.00
.31

32,236.00

32,236.00

128.00 300.00
.31

502

FORT VALLEY STATE COLLEGE STATEMENT OF OPERATION OF RESTRICTED FUNDS (CONTINUED)

Balance

Receipts Disbursements

Balance

July 1. 1960 For Year

For Year

June 30. 1961

A. EDUCATIONAL AND GENERAL (CONT.)

Vocational Funds

$ (->662.44 $ 9,923.42 $

Agricultural Research

382.65

8.198.81

9,397.06 $ (->136.08

9.638.95

(->1,057.49

TOTAL EDUCATIONAL AND

GENERAL

$

B. STUDENT AID

Endowment Income

$

Sears, Roebuck & Company

148.52 $50,358.23 $ 51.272.01 $ (t )765.26

316.53 $ 3,468.84 $ 1.800.00

2,210.00 $ 1.800.00

1,575.37

TOTAL STUDENT AID TOTAL RESTRICTED FUNDS

$

316.53 $ 5.268.84 $ 4.010.00 $ 1.575.37

465.05 $55.627.07 $ 55.282.01 $

810.11

STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1961

BALANCE OF PRINCIPAL, JULY 1, 1960
ADDITIONS Income on Investments Gifts and Grants Transfer from Matching Funds Transfer from Agency Funds TOTAL ADDITIONS
DEDUCTIONS Investment Expense Transfer to Matching Funds Transfer to General Funds Transfer to Restricted Funds TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, JUNE 30, 1961

Endowment

Student

Funds

Loan Funds

Total

$70.926.98 $12,066.25 $ 82,993.23

$ 3,439.54 $ 22.84 10,000.00 21,253.00 2,178.44
______________ 8.262.18 $13.439.54 $31.716.46

$ 3,462.38 31,253.00 2,178.44 8.262.18
$ 45.156.00

$ 401.70
240.00 2.797.84 $ 3.439.54

$ 2,178.44
$ 2.178.44

$ 401.70 2,178.44 240.00 2.797.84
$ 5.617.98

$80.926.98 $41.604.27 $122.531.25

503

FORT VALLEY STATE COLLEGE
STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30, 1961

Fund Balance

Fund Balance

July 1. 1960 Additions Deductions June 30. 1961

ENDOWMENT FUNDS General Funds George Leask Fund Jamison Estate Sadie W. Caldwell Fund TOTAL ENDOWMENT FUNDS

$ 43,174.81 $ 2,507.04 $ 2,507.04 $

20,617.43

617.50

617.50

7,134.74

315.00

315.00

10.000.00

_ 70.926.98 $13.439.54 $ 3.439.54 $

STUDENT LOAN FUNDS

National Defense Loan Fund $ 11,534.00 $20,200.44 $

$

National Defense (Matching

Funds) William Hubbard Fund Georgia M. Wilkins Fund

532.25

6,493.18 22.84
5.000.00

2,178.44

TOTAL STUDENT LOAN FUNDS $ 12.066.25 $31.716.46 $ 2.178.44 $

43,174.81 20,617.43
7,134.74 10.000.00 80.926.98
31,734.44
4,314.74 555.09
5.000.00 41.604.27

TOTAL TRUST FUNDS

$ 82.993.23 $45.156.00 $ 5.617.98 $ 122.531.25

SUMMARY OF INVESTMENTS For Year Ended June 30, 1961

ENDOWMENT FUNDS Government Bonds U. S. Treasury 4% 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 Va^ue

Earnines

$31,500.00 1,600.00 4>000.00 3,000.00
$40.100.00

$ 250.00 44.00
873.75 67.50
$1.235.25

$ 2,276.46 $ 300.00 9.750.00 1.018.28
$12,026.46 $1.318.28

$ 3,286.19 $ 406.01

12.000.00

480.00

$15.286.19 $ 886.01

$67.412.65 $3.439.54

504

FORT VALLEY STATE COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Restricted Auxiliary TOTAL
AGENCY FUNDS
TRUST FUNDS Endowment Student Loan TOTAL TRUST FUNDS
PLANT FUNDS
TOTALS

Cash Balance Receipts Julv 1- I960 For Year

Disbursements Cash Balance For Year _ June. 30. 1961

$ 60,289.43 $ 930,096.76 $ 924,999.66 $

465.05

55,627.07

55,282.01

75,785.17

341.600.94

311.849.01

$ 136,539,65 $1.327.324.77 $1.292.130.68 $

65,386.53 810.11
105.537.10 171.733.74

$ 45.873.57 $ 66.749.15 $ 69.336.63 $ 43.286.09

$ 1,540.82 $ 15,413.05 $ 3,439.54 $ 13,514.33

1.939.93

31.716.46

25.215.86

8.440.53

$ 3.480.75 $ 47.129.51 $ 28.655.40 $ 21.954.86

$ 82.473.19 $ 92.452.20 $ 84.591.98 $ 90.333.41

$ 268.367.16 $1.533.655.63 $1.474.714.69 $ 327.308.10

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Alumni Association Application Deposits Athletic Association Faculty Gift Fund Fraternities and Sororities Room Deposits Student Activities Student Deposits
TOTAL AGENCY FUNDS

Cash Balance Receipts Disbursements Cash Balance

Julv 1. 1960 For Year

For Year___ June 30. 1961

$ 1,111.91 $ 440.00 $ 19,547.25 5,030.54

3,856.49 29,939.66

(->26.34

572.00

662.28 1,362.05

671.45

19,616.76 25,645.25

433.77 3.759.65

281.00 $ 1,747.03 29,844.16
421.79 1,121.05
32,777.41 3.144.19

1,270.91 22,830.76
3,951.99 123.87 903.28 671.45
12,484.60 1.049.23

$ 45.873.57 $66.749.15 $ 69.336.63 $ 43.286.09

505

FORT VALLEY STATE COLLEGE
STATEMENT OF OPERATION OF UNEXPENDED PT.AWT FUNDS For Year Ended June 30, 1961

Balance

Balance

July 1. 1960 _ Receipts Disbursements Transfers June 30. 1961

Academic Bldg.

$

.01 $

$

Davison Hall -

Debt Service Dormitory Furniture

(->42.56

2,379.52 397.20

President's Home Ohio Hall

3,500.00 4.35

Educational Equipment 687.19 6,500.00 Health & Physical

Education Infirmary

3,685.95 11,535.00 500.00

Land Purchase

113.30

600.00

Davison Hall

608.41

Food Processing Plant

12,000.00

Faculty Housing

(->5.98

Library Dining Hall

545.26 6,000.00

Student Center

3,500.00

Trade School Bldg. 24,723.96 25,000.00

Replacement Reserve 46,653.30 15,695.00

Unappr opr iat ed

Balance

1.500.00 3.225.00

$

.01 $

2,379.52 4,074.11
658.00
687.19

(->5,498.38 4.35

5,247.33 500.00 130.82 383.37
10,310.08
3,461.29 1,415.83

(->5.98 (->2,500.00

49,723.96

8,000.00

1,778.91 2,842.00
6,500.00
9,973.62
582.48 225.04 1,689.92
3,083.97 1,084.17 3,500.00
54,348.30
4.725.00

TOTALS

$ 82.473.19 $86.831.72 $ 78.971.50 $

$ 90.333.41

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS State of Georgia - Appropriation Interest on Temporary Investments Transfer from General Funds Transfer from Auxiliary Funds Other Sources
TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Land

$ 82,473.19
$ 37,000.00 3,225.00
28,135.00 18,074.52
397.20
86.831.72
$169,304.91
130 _ R2

506

FORT VALLEY STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Buildings and Additions to Buildings President's Home Infirmary Davison Hall Food Processing Plant Trade School Building TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS
Equipment Dormitories Instructional Health and Physical Education Library Dining Hall TOTAL EQUIPMENT
TOTAL FOR PLANT ADDITIONS
Debt Service Indebtedness Retired Interest on Indebtedness
TOTAL FOR DEBT SERVICE
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 658.00 500.00 383.37
10,310.08 49.723.96
$ 61,575.41

$ 4,074.11 687.19
5,247.33 3,461.29 1.415.83

14.885.75

$ 76,591.98

$ 1,973.51 406.01

2.379.52 $ 78.971.50 $ 90.333.41

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960
ADDITIONS Expended from Plant Funds Expended from General Funds and Included in Current Expenditures Expended from Auxiliary Funds and Included in Current Expenditures TOTAL ADDITIONS
INVESTMENT IN PLANT, JUNE 30, 1961
DEDUCT: Due to Endowment Funds Equity of University System Building Authority
NET INVESTMENT IN PLANT, JUNE 30, 1961

$4,438,568.67

$ 76,591.98

26,193.78

2.376.48

105.162.24

$4,543,730.91

$ 3,286.19

1.599.352.81 1.602.639.00 32.941.091.91

507

FORT VALLEY STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

Year Acquired

Investment Beginning
Of Year

Additions Deductions

Investment End Of Year___

A. LAND Campus, 97 Acres Farm, 50 Acres Farm, 219.65 Acres Farm, 130 Acres Farm, 138.9 Acres Farm, 10 Acres Blackshear TOTAL LAND

1895 1940 1943 1950 1952 1954 1960

$ 9.765.00 $ 3.075.00 9.262.00
15,763.40 15,122.70
300.00 4.886.70 $ 58.174.80 $

$
130.82 130.82 $

$ 9.765.00 3.075.00 9.262.00
15,763.40 15,122.70
300.00 5.017.52 $ 58.305.62

BUILDINGS

Academic

1929

Agriculture Food

Processing Plant 1960

Agriculture Science

(Bldg. Authority) 1954

Barn, Beef Cattle 1954

Carnegie Building 1925

Davison Hall

1948

Demonstration School

(Bldg. Authority) 1954

Dining Hall

1932

Education Building

(Bldg. Authority) 1957

Faculty House #1

1941

Faculty House #2

1941

Faculty House #3

1941

Faculty House, 706

South Macon

1934

Faculty House, 710

South Macon

1924

Faculty Duplexes (2) 1956

Farm House #1

1953

Health & Physical

Education Bldg. 1958

Farm House #2

1953

Garages (2)

1940

Home Management

House

1953

Hunt Library (Bldg.

Authority)

1952

Infirmary

1934

Huntington Hall

1908

Jeanes Hall (Bldg.

Authority)

1952

$ 170,088.47 $

$

10,310.08

409,222.14 1,194.72
64,960.04 231,675.62

383.37

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

500.00

498,958.56

$ 170,088.47
10,310.08
409,222.14 1,194.72
64,960.04 232,058.99
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 18,722.19 60,040.05
498,958.56

508

i )> > if

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions Deductions

Investment End Of Year

B. BUILDINGS (CONT.)

Laundry

1916

Nursery School

1938

Agronomy Barn

1956

Ohio Hall

1930

Patton Hall

1937

Poultry House

1954

President's Home

1900

Shed, Implement

1953

Storage Warehouse 1953

Shed, Miscellaneousi 1921

Trades Building

1926

Dairy Building &

Project

1956

Brooder House

Horticulture Bldg.

Farrowing House

TOTAL BUILDINGS

$ 24,856.59 $

$

5,242.77

10,134.00

125,451.24

64,239.40

13,502.03

28,018.74

658.00

12,097.00

10,955.26

350.00

40,653.89 49,723.96

70,793.45 4,480.00 6,400.00 3,153.62
$3.265.525.39 $ 61.575.41 $

$ 24,856.59 5,242.77
10,134.00 125,451.24
64,239.40 13,502.03 28,676.74 12,097.00 10,955.26
350.00 90,377.85
70,793.45 4,480.00 6,400.00 3.153.62
$3.327.100.80

IMPROVEMENTS OTHER THAN

BUILDINGS

Heating System

$

Athletic Field &

Facilities

Deep Well

Fencing & Pastures

Irrigation System

Landscaping

Tennis Court

Water Svstem

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 $

$

$ 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

EQUIPMENT

Administration Offices

$

Agriculture Science Bldg.

(Bldg. Authority)

Physical Plant

Library

Library (Bldg. Authority)

Dormitories Dormitories (Bldg. Authority)

Dining Hall Education Building (Bldg.

Authority)

Demonstration School (Bldg.

Authority)

33,241.36 $ 2,807.66 $

4,004.29 352,487.52 214,594.10
18,515.70 69,037.06 41,873.22 34,523.04

15,752.62 14,808.11
4,901.54
2,786.81

36,779.62

17,548.09

$ 36,049.02
4,004.29 368,240.14 229,402.21
18,515.70 73,938.60 41,873.22 37,309.85
36,779.62
17,548.09

509

FORT VALLEY STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Year Acquired

Investment Beginning
Of Year

Additions Deductions

Investment End Of Year

D. EQUIPMENT (CONT.) College Bus Farm Related Activities Physical Education (Bldg. Authority) Laundry Demonstration School TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

$ 8,060.43 $ 66,896.54 1,200.55

$ 201.00
828.74

25,136.48

18,998.90

178.07

4.454.39

1.191.46

$ 947.351.29 $ 43.456.01 $

$4,438,568.67 $105,162.24 $

$ 8,060.43 67,097.54 2,029.29
25,136.48 19,176.97
5.645.85 990.807.30
$4,543,730.91

b



S

V

mm

y

510

Savannah State College FINANCIAL REPORT
For the Year Ended June 30, 1961

SAVANNAH STATE COLLEGE Savannah, Georgia

William K. Payne
President

E. A. Bertrand
Comptroller

SAVANNAH STATE COLLEGE
BALANCE SHEET June 30, 1961
ASSETS

I. CURRENT FUNDS A. GENERAL Cash on Hand and In Bank Time Deposits Accounts Receivable Due from Auxiliary Funds Central Stores
TOTAL GENERAL FUNDS
B. AUXILIARY Cash on Hand and in Bank Accounts Receivable Stores Inventory

110.44 75.000. 00
7,270.46 12. 000. 00
3,860.55
$ 98,241.45
24,529.00 8,462.37
11,478.05

TOTAL AUXILIARY FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash on Hand and in Bank Time Deposits
TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Cash on Hand and in Bank Notes Receivable
TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Cash in Bank Due from Auxiliary Funds Due from University System Building Authority TOTAL UNEXPENDED

44.469.42 $ 142,710.87

$ 6,099.84
20.000.00

26,099.84

$ 2,277.24 44.000.00

46,277.24

31,791.79 23,664.03
2.353.10 $ 57,808.92

512

m
T
y ii i )> I
S

SAVANNAH STATE COLLEGE
BALANCE SHEET June 30, 1961
LIABILITIES

I. CURRENT FUNDS

A. GENERAL

Accounts Payable

$ 2,238.01

Purchase Orders Outstanding

4,470.21

Reserve for Stores

10,000.00

Social Security Taxes Due

12,071.48

Reserve for Unearned Income

16,629.18

Unappropriated Surplus

52.832.57

TOTAL GENERAL FUNDS

$ 98,241.45

B. AUXILIARY

Accounts Payable

i: 6,684.18

Purchase Orders Outstanding

408.31

Due to Educational and General

Funds

1 2 ,0 0 0 .0 0

Due to Plant Funds

23,664.03

Reserve for Stores

11,478.05

Unearned Income

2,311.50

Deficit

(->12.076.65

TOTAL AUXILIARY FUNDS

44.469.42

TOTAL CURRENT FUNDS

$ 142,710.87

II. AGENCY FUNDS Fund Balance

26,099.84

TOTAL AGENCY FUNDS
III. STUDENT LOAN FUNDS Fund Balance

$ 46,277.24

26,099.84

TOTAL STUDENT LOAN FUNDS
IV. PLANT FUNDS A. UNEXPENDED Replacement Reserve Fund Balance

$ 51,309.22 6,499.70

46,277.24

TOTAL UNEXPENDED

57,808.92

513

SAVANNAH STATE COLLEGE

ASSETS (CONTINUED)

BALANCE SHEET June 30, 1961

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

$ 115,650.37 3,123,196.62

459,951.79 828.969.83

$4.527.768.61

$4.585.577.53 $4.800.665.48

514

SAVANNAH STATE COLLEGE

BALANCE SHEET June 30, 1961

LIABILITIES (CONTINUED)

IV. PLANT FUNDS (CONTINUED) B. EXPENDED Equity of University System Building Authority Investment in Plant

$1,989,636.30 2,538,132.31

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES

$4.527.768.61 $4,585,577.53 $4.800.665.48

515

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT INCOME For Year Ended June 30, 1961

A. EDUCATIONAL AND GENERAL STUDENT FEES Non-Resident Tuition Matriculation Health Service Summer Session Fees Other Student Fees Correspondence Study TOTAL STUDENT FEES

$

500.00

137,091.98

10,413.53

18,533.65

898.61

10.593.32

$ 178,031.09

PUBLIC APPROPRIATIONS State of Georgia State Department of Vocational Education TOTAL PUBLIC APPROPRIATIONS

$ 725,000.00 12.588.14

737,588.14

SALES AND SERVICES INTEREST INCOME

1,314.57 1,125.00

OTHER SOURCES

3.730.25

TOTAL EDUCATIONAL AND GENERAL INCOME

921,789.05

B. AUXILIARY ENTERPRISES COLLEGE CENTER

$ 48,685.68

DINING HALL

128,811.01

DORMITORIES Camilla Hubert Hall Richard Wright Hall Faculty Cottage TOTAL DORMITORIES

$ 23,773.66 22,770.35
_______ 540.00

47,084.01

LAUNDRY

11,803.58

INTEREST INCOME

50.00

TOTAL AUXILIARY ENTERPRISE INCOME

236.434.28

TOTAL CURRENT INCOME

$1.158.223.33

516

SAVANNAH STATE COLLEGE
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1961

___________ ________ Object Classification______

Salaries Operating

and

Supplies

Total

Wages

& Expense Equipment

A. EDUCATIONAL AND GENERAL

ADMINISTRATION

President's Office

$

Comptroller's Office

Registrar's Office

TOTAL ADMINISTRATION $

GENERAL EXPENSE

Alumni & Public

Relations

$

Faculty & Staff Benefits

General Institutional

TOTAL GENERAL EXPENSE $

STUDENT WELFARE

Director of Student

Personnel

$

Health Services

TOTAL STUDENT WELFARE $

18,031.07 $ 15,955.59 $ 2,075.48 $

27 *235.58 25,650.00

1,585.58

18.757.06 11.475.25

7.146.81

64.023.71 $ 53.080.84 $ 10.807.87 $

135.00 135.00

16,880.41 22,670.49 32.461.72 72.012.62

$ 13,482.10 467.10
6,878.68 $ 20,827.88

$ 3,398.31 22,203.39 24,201.49
$ 49.803.19

$
1.381.55 $ 1.381.55

22,563.83 $ 19,644.59 $ 2,349.24 $

9.026.99

7,936.50

1.017.26

31,590.82 $ 27.581.09 $ 3.366.50 $

570.00 73.23
643.23

PLANT OPERATIONS

$ 175.189.13 $ 69.748.07 $ 93.008.23 $12,432.83

LIBRARY

$ 67.305.31 $ 34.307.33 $ 6,688.81 $26,309.17

INSTRUCTION

Dean of Faculty

$ 31,726.85

Audio Visual Aids

7,848.36

Biology

20,315.79

Business Administration

44,961.28

Chemistry

12,619.78

Education

52,357.62

Fine Arts

39,321.70

General Education

4,125.25

Health & Physical Education 32,114.72

Home Economics

20,017.67

Languages & Literature

60,855.70

Mathematics & Physics

32,562.82

Social Science

33,991.80

Summer School

55,238.44

Technical Sciences

42.123.80

TOTAL INSTRUCTION

490.181.58

$ 23,617.94 4,219.75
18,157.00 34,450.00 11,140.00 50,616.00 32,525.19
2,500.00 31,100.00 17,122.50 60,075.49 31,700.00 33,900.00 54,018.20 38.700.00 $443,842.07

$ 7,202.91 2,384.68 1,682.33 3,218.58 1,479.78 1,741.62 2,063.59 1,625.25 906.92 2,623.37 546.76 499.95 91.80 1,220.24 3.275.24
$ 30.563.02

$ 906.00 1,243.93 476.46 7,292.70
4,732.92
107.80 271.80 233.45 362.87
148.56 $15,776.49

517

SAVANNAH STATE COLLEGE STATEMENT OF CURRENT EXPENDITURES (CONTINUED)

Total

Object Classification

Salaries Operating

and

Supplies

Wages

& Expense Eauinment

EDUCATIONAL AND GENERAL (CONT.)

RESEARCH

$

987.76 $

$ 987.76 $

EXTENSION

? 14.421.36 $ 13,405.75 $ 1.015.61 $

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$ 915,712.29 $662,793.03 $196,240.99 $56,678.27

WAREHOUSE (NET)

2,392.89

TRANSFER TO: Plant Funds

8,600.00

TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS

$ 926.705.18

AUXILIARY ENTERPRISES COLLEGE CENTER
DINING HALL

$ 51.718.37 $ 10.229.73 $ 41.488.64 _.$ $ 118.643.34 $ 26.411.00 $ 91.000.04 $ 1.232.30

DORMITORIES Camilla Hubert Hall Richard Wright Hall Faculty Cottage TOTAL DORMITORIES

$ 15,783.22 $ 8,084.15 $ 7,699.07 $

19,142.33

8,941.59

10,200.74

465.29

180.00

285.29

$ 35.390.84 $ 17.205.74 $ 18,185.10 $

LAUNDRY

$ 9.222.36 $ 8,024.45 $ 1.197.91 $

TOTAL AUXILIARY ENTERPRISE

EXPENDITURES

$ 214,974.91 $ 61.870.92 $151,871.69 $ 1,232.30

TRANSFER TO: Plant Funds - Replacement Reserve

18.816.00

TOTAL AUXILIARY ENTERPRISE

DISBURSEMENTS

$ 233.790.91

TOTAL CURRENT EXPENDITURES

$1.130.687.20

518

SAVANNAH STATE COLLEGE
STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1961

CURRENT FUNDS General Auxiliary TOTAL CURRENT FUNDS
AGENCY FUNDS
STUDENT LOAN FUNDS
PLANT FUNDS
TOTALS

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements Cash Balance For Year June 30. 1961

$ 80,026.37 $ 921,789.05 $ 926,705.18 $

21.885.63

236.434.28

233.790.91

$ 101.912.00 $1 .158.223.33 $1,160,496.09 $

75,110.24 24.529.00 99.639.24

$ 29.798.58 $ 186.708.33 $ 190.407.07 $ 26.099.84

$ 14.194.70 $ 19.330.54 $ 31.248.00 $ 2.277.24

$ 62.269.41 $ 56.066.00 $ 86.543.62 $ 31.791.79

$ 208.174.69 $1,420,328.20 $1,468,694.78 $ 159.808.11

BANK BALANCES

LIBERTY NATIONAL BANK & TRUST COMPANY, SAVANNAH, GEORGIA Demand Deposits Time Deposits

$ 64,173.11 95.000.00 $159,173.11

PETTY CASH

635.00

TOTAL BALANCES, JUNE 30, 1961

$159.808.11

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1961

Cash Balance Receipts Julv 1. 1960 For Year

Disbursements

For Year

June 30. 1961

Campus Chest

$ 2,220.39 $ 4,866.02 $

Class Accounts

1,759.76

2,917.38

Due from Vocational

Rehabilitation

(->443.54

255.00

Federal Excise Taxes

Payable

31.54

43.40

Scholarships, Awards, and

Prizes

1,913.59

718.05

Student Activities

854.58 41,128.63

Student Clubs, Organizations,

Etc.

2,251.61 16,971.79

5,581.30 $ 4,736.72

1,505.11 (->59.58

135.00

(->323.54

51.03

23.91

1,303.45 50,078.69

1,328.19 (->8,095.48

12,339.48

6,883.92

SAVANNAH STATE COLLEGE STATEMENT OF AGENCY FUNDS (CONTINUED)

Student Deposits State Sales Taxes Payable Teachers Retirement Withholding Tax - Federal Withholding Tax - State
TOTAL AGENCY FUNDS

Cash Balance Receipts Julv 1. 1960 For Year

D isbur sement s Cash Balance

For Year

June 30. 1961

$ 20,833.68 $ 4,690.64 $

78.78

1,125.11

(->.93 28,083.45

80,774.94

299.12

4,964.37

2,061.82 $ 1,107.73 28,082.52 80,774.94 3.984.84

23,462.50 96.16
1.278.65

$ 29.798.58 $186,538.78 $ 190.237.52 $ 26.099.84

STATEMENT OF STUDENT LOAN FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960
ADDITIONS Grant - National Defense Account Hellon Benton Styles Other Receipts - Students, Alumni, and Friends TOTAL ADDITIONS
BALANCE, JULY 1, 1960, PLUS ADDITIONS
DEDUCTIONS Student Loans
BALANCE, JUNE 30, 1961

$14,194.70

$16,290.00 404.25
2.636.29

19.330.54

$33,525.24

31.248.00 $ 2.277.24

STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

Balance

Balance

Julv 1. 1960 Receipts Disbursements Transfers June 30. 1961

Herty Hall Hill Hall

$ 3,076.84 $ 5,350.00 $ 12,247.00 16,250.00

Hubert Hall

833.87

Infirmary Building

1,373.37 1,500.00

Warehouse & Main-

tenance Shop

22,500.96

Adams Hall Equipment (-)159.44

Hubert Hall Equipment

2.27

Language Laboratory

6,604.15

5,741.95 $

$

29,316.71

399.00

2,875.94

22,432.60 1,370.73 3,449.60 6,578.80

(->2,000.00 (->3,600.00

2,684.89 (->819.71
434.87 (->2.57
68.36 469.83 152.67
25.35

520

SAVANNAH STATE COLLEGE STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS (CONTINUED)

Balance

Balance

July 1. 1960 Receipts Disbursements__Trans fey3__ June 30. 1961

Library Equipment $

292.53 $

$

Special Equipment

548.89 6,500.00

Campus Road Repairs

130.84

Manhole Covers

388.94

Campus Changes

5,650.00

Repairs to Electrical

System & Hodge Hall

Drainage

2,000.00

Auxiliary Enterprise

Replacement

Reserve

14 .429.19 18.816.00

$ 6,670.75
5,719.15

$
130.84 388.94 (-)519.78

292.53 378.14
450.63

1,988.39

11.61

5,600.00

27,645.19

TOTALS

$ 62 .269.41 S56.066.00

86.543.62 $

__ 31.791.79

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1961

BALANCE, JULY 1, 1960

$ 62,269.41

ADDITIONS State of Georgia - Regents Allotment Transfers from Educational and General Funds Transfers from Auxiliary Funds Other TOTAL ADDITIONS

$ 28,500.00 8,600.00
18,816.00 150.00

56.066.00

BALANCE, JULY 1, 1960, PLUS ADDITIONS

$118,335.41

DEDUCTIONS Buildings and Additions to Buildings Herty Hall Hill Hall Hubert Hall Infirmary Warehouse and Maintenance Shop TOTAL BUILDINGS AND ADDITIONS TO BUILDINGS

$ 5,741.95 29,316.71 399.00 2,875.94 22.432.60
$ 60,766.20

Equipment Dining Hall Hubert Hall College Center Instructional Departments TOTAL EQUIPMENT

$ 1,370.73 3,449.60 6,670.75 6.578.80

18,069.88

521

SAVANNAH STATE COLLEGE STATEMENT OF UNEXPENDED PLANT FUNDS (CONTINUED)

DEDUCTIONS (CONTINUED) Other Deductions Not Capitalized Campus Changes, Repairs to Electrical System, and Hodge Hall Drainage
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1961

$ 7.707.54 $ 86,543.62 $ 31.791.79

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1961

INVESTMENT IN PLANT, JULY 1, 1960

$4,323,024.99

ADDITIONS Expended from Educational and 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 TOTAL ADDITIONS

$ 56,678.27
1,232.30 78,836.08 111.878.65

248.625.30

INVESTMENT IN PLANT, JULY 1, 1960, PLUS ADDITIONS

$4,571,650.29

DEDUCTIONS Cottage #8 - Torn Down Old Trades Building - Torn Down Equipment Sold or Abandoned TOTAL DEDUCTIONS

$ 6,050.00 32,091.18 5.740.50

43,881.68

INVESTMENT IN PLANT, JUNE 30, 1961

$4,527,768.61

DEDUCT: Equity of University System Building Authority

1.989,636.30

NET INVESTMENT IN PLANT, JUNE 30, 1961

$2.538.132.31

522

SAVANNAH STATE COLLEGE
STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1961

A. LAND

Investment

Year

Beginning

Acquired Of Year

Additions

Deductions

Investment End Of Year

1890 $ 115.650.37 $

$

$ 115.650.37

B. BUILDINGS Adams Hall

1932

Band Stand

1941

Camilla Hubert Hall 1937

Central Heating Plant

(Bldg. Authority) 1954

College Center

1947

Concession Stand

1951

Faculty Cottage #5 Faculty Cottage #8

1932 1936

Faculty Cottage #9

1951

Field House

1938

Fine Arts Building 1947

Garage Hammond Hall

1908

Herty Hall

1938

Hill Hall Hodge Hall

1905 1938

Hodge Hall Garage

1957

Infirmary Information House

1947 1938

Library (Bldg.

Authority) Masonry Shop

1958 1939

Meldrim Hall Morgan Hall Paint Shop Powell Hall

1923 1936 1938 1935

Storage Sheds, Maintenance

1939

Technical and Trades

Bldg. (Bldg.

Authority)

1958

Trades Building

1945

Warehouse White Hall Wilcox Hall

1959 1951 1934

Wiley Hall (Bldg.

Authority)

1955

Wright Hall (Bldg.

Authority)

1955

TOTAL BUILDINGS

$ 80,122.13 $ 600.00
175,684.44

$ 399.00

$ 80,122.13 600.00
176,083.44

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

5,741.95 29,316.71
2,875.94

6,050.00

129,000.00 16,654.04 1,750.00 8,900.00
7,000.00 5,270.00 21,996.59
500.00 33,238.53 95,437.60 203,661.22 19,384.56
1,622.52 31,387.34
650.00

379,672.96 5,373.90
217,912.40 54,455.87 5,330.22 22,828.45

2,995.03

382,667.99 5,373.90
217,912.40 54,455.87 5,330.22 22,828.45

1,400.00

1,400.00

748,478.17 32,091.18 17,500.54 41,479.46 96,390.12

87,075.46 32,091.18
22,432.60

835,553.63
39,933.14 41,479.46 96,390.12

233,308.75

233,308.75

353.304.72

353.304.72

$3,010,501.11 $150,836.69 $38,141.18 $3 .123.196.62

523

SAVANNAH STATE COLLEGE STATEMENT OF INVESTMENT IN PLANT (CONTINUED)

Investment

Year

Beginning

Acquired _ _ _ Qf Year

Investment

End Of

Additions Deductions

Year

C. IMPROVEMENTS OTHER

THAN BUILDINGS

Campus Lighting

System Central Heating

$ 58,889.94 $

Plant

112,715.04

Development of

Athletic Area

18,259.18

Sewerage Disposal

System

172,135.47

Streets and Side-

walks

35,200.00

Telephone System

800.00

Water System

61.952.16

TOTAL IMPROVEMENTS OTHER

THAN BUILDINGS

$ 459,951.79 $

$

$ 58,889.94

112,715.04

18,259.18

172,135.47

35,200.00 800.00
61,952.16

$

$ 459,951.79

D, EQUIPMENT Administrative Office Personnel Services Physical Plant Library Library (Bldg. Authority) Instructional Departments Technical and Trades (Bldg. Authority) Physical Education (Bldg. Authority) Extension College Center Dining Hall Dormitories Dormitories (Bldg. Authority) Laundry TOTAL EQUIPMENT

$ 28,667.02 $ 1,516.55 $

8,377.41

643.23

67,908.32 12,432.83

162,687.40 26,309.17

$ 30,183.57 9,020.64
80,341.15 188,996.57

33,517.49 200,175.38 22,355.29 5,740.50

33,517.49 216,790.17

98,328.47 21,808.16

120,136.63

20,834.76 1,017.45
12,264.80 26,397.70 27,296.43

6,670.75 2,603.03 3,449.60

20,834.76 1,017.45
18,935.55 29,000.73 30,746.03

30,167.25

30,167.25

19.281.84

19.281.84

$ 736.921.72 $ 97,788.61 $ 5.740.50 $ 828.969.83

TOTAL INVESTMENT IN PLANT

$4.323.024.99 $248.625.30 $43.881.68 $4.527.768.61