Annual financial report, University System of Georgia, for the year ended June 30, 1970

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ANNUAL FINANCIAL REPORT
University SytmofGeorgia
I UNIVERSITY OF GEORGIA !
For the Year Ended June 30, V M I
REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA
244 Washington Street, S. W.
Atlanta, Georgia 30334

BOUND BY THE NATIONAL LIBRARY BINDERY CO. OF GA.

ANNUAL FINANCIAL REPORT University System of Georgia
For the Year Ended June 30,1970
REGENTS OF THE UNIVERSITY SYSTEM O F GEORGIA 244 Washington Street, 5. W. Atlanta, Georgia 30334
1

MEMBERS OF THE BOARD OF REGENTS OF THE
UNIVERSITY SYSTEM OF GEORGIA
June 30, 1970

Jack Adiar John A. Bell, Jr., M.D. W. Lee Burge James V. Carmichael G. L. Dickens, Jr. James A. Dunlap Roy V. Harris John W. Langdale William S. Morris, III James C. Owen, Jr. Mrs. Hugh Peterson, Sr. John R. Richardson John I. Spooner T. Hiram Stanley Carey Williams

Atlanta Dublin Atlanta Marietta Milledgeville Gainesville Augusta Valdosta Augusta Griffin Ailey Conyers Donalsonville Columbus Greensboro

Officers of the Board of Regents

T. Hiram Stanley.................................Chairman

John W. Langdale........................... Vice Chairman

George L. Simpson, J r ......................... Chancellor

Henry G. Neal

Executive Secretary

Shealy McCoy.

Treasurer

Term Expires
1971 1970 1975 1973 1972 1973 1974 1971 1974 1971 1976 1977 1975 1972 1976

TABLE OF CONTENTS

Letters of Transmittal . . . .......... . . . . . .

Decade in Review . . . . ...........................

-Summary . ................... .......................

Consolidated Statements-University System of Georgia *9 University System of Georgia-General Activities . .

* Georgia Institute of Technology Atlanta ..........

Georgia University College, Atlanta

Medical College of Georgia, Augusta

1 University of Georgia

J|

C o n s o l i d a t e d ...................... .. .

University, Athens ...................

pk

Agricultural Extension Service, Athens

Agricultural Experiment Station . . . .

Albany State College, Albany
* Eft
Armstrong State College, Savannah V4
Augusta College, Augusta

1 Columbus College, Columbus
I I'ort Valley State College, Fort Valley

Georgia College at Milledgeville, Milledgeville

( i ^Georgia Southern College, Statesboro . . . .

I | Georgia Southwestern College, Americus . . .

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

Savannah State College, S a v a n n a h ...........

4 Valdosta State College, V a l d o s t a .......... I - M p W e s t Georgia College, Carrol l t o n ........... \m
Abraham Baldwin Agricultural College, Tifton

% Albany Junior College, A l b a n y ........ .. .

^ * Brunswick Junior College, Brunswick . . . .

Clayton Junior College, Morrow

Dalton Junior College, Dalton ........

Floyd Junior College, Rome ..........

Gainesville Junior College, Gainesville

Kennesaw Junior College, Marietta tr) y*
I Macon Junior College, Macon . .

4 & I Middle Georgia College, Cochran
South Georgia College, Douglas .

...

nKs

iv & V vi
2 8
30 47 135 161
211
217 327 337 387 405 419 431 445 463 485 501 515 531 545 563 587 605 615 627 637 649 655 667 679 691 705

Dalton

siili
Dahlonega

*

Universities-- Graduate
^ Senior Colleges H Junior Colleges
JL Four Year Technical O Units Authorized and/or
Under Construction

Rome

H Gainesville

Marietta
AA
I"! Atlanta

A Athens

Carrollton

Morrow

4 ////I:///;
Augusta

Wk

(fa Milledgeville

Macon

S8S1

WLColumbus
wBr

Fort Valley Americus

Cochran

Statesboro Savannah

Albany

T if ton

Douglas

Brunswick

Valdosta

Thousand
100 - B |
95 ; STUDENT ENROLLMENT S H 90 FA IL1 B RTER 85
,,

5 m i

--I--

B

m



25 20

,5 0

5
^m m m m m m m m m

1961 62 63 64 65 66 67 68 69 70

11,000 M M M M H M M I 10,500 I

Bachelors'

10,000

DEGREES CONFERRED

m 9500
9000

mi

8500

l l R 8000
7500

l l l P I

7000 M l --

M M B H I / il-- i--

6500 P B M m B I M I

I . m m 6000

5500

5000

4500

4000 3500 M 3000 2500 w m m m m

2000 1500
1000

r~................

500

mm
m 1

mm
m

IM M l

Associate Masters'
Doctors'

0

1961 62 63 64 65 66 67 68 69 70

Million $

s

falsili 1;

EXPENDITURES

!




Instruction and Related Activities

I
MMMHMM!
MBBMBimMiMMIMMfmWH
I
m l
HI

I

^m ^ m

m

y

ng am i
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SK*'

Research
Administration, General and Student Welfare
Extension and 1 Public Service | Plant Operations
Libraries

State Appropriations
^ ^ M Sa F
MMML M..JMH HMHMLMjMm MMI
^^^h m m h m m


M HH

MM

MMMMM

MMMMMMMMM MMMMMMMMM

IM M M M M M M M M

IM M M M M M M M M IStudent Fees



M
m

M

MB

mMmMmMMM

HI

Gifts, Grants Endowments

&

MPM mH mmm mm mmmmm mf m

Other 1961 62 63 64 65 66 67 68 69 70

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1 19
L

THE UNIVERSITY SYSTEM OF GEORGIA

CURRENT OPERATING REVENUE FOR
EDUCATIONAL AND GENERAL PURPOSES

Fiscal Years Ending June 30 State Appropriations Student Fees Gifts, Grants and Endowments Sales and Services Departmental Services and Other
Totals

TEN YEARS OF PROGRESS

1961 $ 26,358,500
7,614,669 9,288,801 5,722,974
250,176 $ 49,235,120

1962 $ 28,397,274
9,839,230 10,155,511
5,785,436 262,803
jg 54,440,254

1963

1964

1965

1966

1967

1968

1969

$ 31,512,129 10,744,422 10,957,669 6,225,462 258,249
$ 59,697,931

$ 34,811,266 11,388,587 13,084,836 7,090,400 228,986
$ 66,604,075

$ 41,343,952 13,560,231 14,179,851 8,791,940 289,507
$ 78,165,481.

$ 49,964,262 16,586,235 17,911,936 10,844,799 274,042
$ 95,581,274

$ 58,750,550 22,906,886 24,026,731 9,342,152 322,324
$115,348,643

$ 86,918,800 $111,097,928

25,199,286

27,718,764

28,323,096

32,650,563

8,680,587

9,663,334

1,239,767

1,141,214

$150,361,536 $182,271,803

1970 $122,693,487
36,764,068 35,053,786 11,381,218
488,388 $206,380,947

CURRENT OPERATING EXPENDITURES FOR
EDUCATIONAL AND GENERAL PURPOSES
ENDOWMENT LOAN PLANT
STUDENTS

Instruction Administration, General & Student Welfare Libraries Operation and Maintenance of Physical Plant Research Activities Related to Instruction Extension and Public Service
Totals

$ 15,411,945 4,938,985 1,500,323 4,265,780 9,858,429 4,215,187 6,929,178
$ 47,119,827

$ 17,353,263 5,383,641 1,748,146 4,894,021
L 11,145,903 4,137,902 7,815,832
$ 52,478,708

$ 20,659,891 6,243,354 2,030,812 5,291,175 12,643,109 4,256,391 8,566,217
$ 59,690,949

$ 22,479,086 6,198,081 2,272,451 5,103,309 14,418,020 5,515,127 8,569,740
$ 64,555,814

$ 27,418,427 6,672,425 2,718,927 5,246,496 18,733,539 6,084,252 9,869,536
$ 76,743,602

$ 33,385,879 8,535,972 3,132,261 6,140,976
22,674,731 6,468,213
10,687,066 $ 91,025,098

$ 42,272,116 11,404,811 4,357,232 7,611,600 25,386,934 7,836,749 12,411,904
$111,281,346

$ 57,479,087 $ 68,361,429 $ 79,615,826

17,049,870

28,335,014*

30,339,786*

6,880,035

7,650,272

8,263,054

11,158,015

14,057,198

16,132,390

34,754,274

38,214,027

41,521,390

9,639,353

10,491,517

12,275,701

14,734,951

15,303,445

18,308,488

$151,695,585 $182,412,902 $206,456,635

Endowment Funds--Principal Loan Funds--Principal Physical Plant Assets at Cost Student Aid Expenditures Student Enrollment--Fall Quarter

$ 4,771,257 $ 2,687,290 $162,435,742 $ 896,466
31,532

$ 4,850,371 4 3,476,484 $174,944,225 $ 985,981
34,086

$ 5,098,922 $ 4,257,156 $195,713,623 $ 1,060,017
36,061

$ 5,265,311 $ 5,277,960 $215,227,823 $ 1,084,640
39,212

$ 5,406,521 $ 6,457,636 $241,403,569 $ 1,498,066
45,535

$ 7,270,579 $ 8,468,411

$ 7,955,082 $ 9,239,898

$285,786,160 $331,809,276

$ 2,041,872 54,409

$ 4,683,915 63,401

$ 9,032,160 $ 9,360,173

$ 10,497,540 $ 12,346,025

$388,910,723 $451,053,911

$ 7,114,696 $ 7,633,224

70,952

79,030

Degrees Conferred: Associate Bachelors' Masters' Doctors'

836 4,068
476 163

849 4,311
554 175

926 4,640
730 203

1,010 5,082 * 727
220

1,069 5,680
811 248

1,030 6,107
963 282

1,408 6,659 1,164
329

1,644 8,048 1,597
331

1,944 9,472 1,842
439

^Includes States share of Teachers' Retirement beginning in Fiscal Year 1969.

$ 10,002,625 $ 14,431,350 $525,427,579 $ 7,490,668
89,445
2,059 10,652 2,210
529

INSTITUTIONS OF THE UNIVERSITY SYSTEM OF GEORGIA

GRADUATE INSTITUTIONS
Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia

SENIOR COLLEGES
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

JUNIOR COLLEGES

*

Abraham Baldwin Agricultural College

Albany Junior College

Brunswick Junior College

Clayton Junior College

A

Dalton Junior College

Floyd Junior College

;m

Gainesville Junior College

Kennesaw Junior College

Macon Junior College

Middle Georgia College

M

South Georgia College

^Southern Technical Institute

y AUTHORIZED FOR FUTURE CONSTRUCTION
| West Metropolitan Area of Atlanta - Junior College

Four-year Technical Institute administered by Georgia Institute of Technology

Atlanta Atlanta Augusta
Athens
Albany Savannah
Augusta Columbus Fort Valley Milledgeville Statesboro Americus Dahlonega Savannah Valdosta Carrollton
Tifton Albany Brunswick Morrow Dalton
Rome Gainesville
Marietta Macon
Cochran Douglas Marietta
Atlanta

*4
i

SUMMARY

Scope of Report

The annual report contained herein reflects the financial operations of the University System for the year ended June 30, 1970. This report has been prepared generally in accordance with the recommen

I

I dations of the Committee to Revise Volumes I and II, College and University Business Administration, with
notable exceptions in the area of Restricted Funds and reporting of Fund Balances. All statements and

schedules have been prepared on an accrual basis.

State Appropriation - $137.549.055

The General Appropriations Act of 1969 provided funds to the University System in the amount of $138,656,726. Included in this amount was a specific appropriation of $5,882,800 for the operation of the Eugene Talmadge Memorial Hospital as a teaching hospital for the Medical College of Georgia. The amounts received were as follows:

State Appropriation General Appropriations Act of 1969 Section 44 (A) State Board of Regents Section 44 (B) Talmadge Memorial Hospital
Governors Emergency Fund Georgia Institute of Technology
TOTAL STATE APPROPRIATION Less: Lapsed Appropriation
Graduate Education Teachers Retirement-State Portion Authority Lease Rentals
STATE APPROPRIATION RECEIVED

$132,773,926 5.882.800

$138,656,726

$

7,264

1,139,739

_________ 668

______ 40.000 $138,696,726
(1.147.671) $137.549.055

I
S Exp 11
I bel H
9

J 4 1Re1 m
I th
\ ^4

The total State Appropriation received for 1969-70 was $12,313,315 in excess of the amount received during the previous year.
The allocations by the Board of Regents during 1969-70 were as follows:

mm

General Operations Teaching Institutions Non-Teaching Institutions Other Activities
Capital Outlay Plant Renovations & Improvements Authority Lease Rentals
Regents Scholarships Grants to Junior Colleges (DeKalb) Interest on Constitutional Debt Teachers' Retirement-State Portion Junior Colleges - Regents Office
TOTAL ALLOCATIONS
Revenue for Current Operations and Plant Purposes

$ 92,544,874 19,370,000 1.486.588
$ 800,000 13.699.332

$113,401,462
14,499,332 200,000
,1 200 ,0 0 0
8,000 8,040,261
200.000
$137.549.055

Aj
* JEj >14 *4# Y i M*

The University System received revenue during the year, for current and plant purposes, in the amount
of $269,321,952. General sources of revenue compared with revenue from similar sources for the previous year are as follows:

*

Source

1968-69

1969-70

Increase or (Decrease)

th

State Appropriations Internal Revenue:
For Educational and General For Auxiliary Enterprises For Plant Additions & Improvements For Student Aid
Total Revenue

$125,235,740
71,173,875 25,706,377 12,926,837
7.295,211
S242.338.040

$137,549,055
83,687,460 28,575,299 12,367,706
7.142.432
$269.321.952

$ 12,313,315
12,513,585 2,868,922 (559,131) (152,779)
$ 26.983.912

| Expenditures for Current Operations and Plant Purposes

Expenditures for current operations and plant additions and improvements during 1969-70 are compared below with expenditures for the previous year.

Expenditures

1968-69

1969-70

Increase or (Decrease)

For Educational and General For Auxiliary Enterprises For Plant Additions and Improvements For Student Aid

$182,412,902 22,672,307 33,820,262 7.633.225

$206,456,635 28,703,754 42,065,966 7.490.668

$ 24,043,733 6,031,447 8,245,704 (142.557)

Total Expenditures

$246.538.696

$284.717.023

$ 38.178.327

(Revenue for Educational and General Purposes

The revenue fo'r Educational and General purposes is compared in the summary below with revenue for

the previous year.

Increase or

)*j t

Source

1968-69

Amount

%

1969-70

Amount

%

Amount

%

^ J
* 'i

Student Fees Gifts and Grants Endowments Sales and Services Other

$ 27,718,764 32,154,019 496,544 9,663,334 1.141.214

15.2 $ 36,764,068

17.6 34,680,460

.3

370,647

5.3 11,381,218

.6

491.067

17.8 $ 16.8
.2 5.5
.2

9,045,304 2,526,441
(125,897) 1,717,884
(650.147)

32.6 7.9
(25.4) 17.8
(57.0)

Total Internal Revenue State Appropriation

$ 71,173,875 111.097.928

39.0 $ 83,687,460 61.0 122.693.487

40.5 $ 12,513,585 59.5 11.595.559

17.6 10.4

>^

Total All Revenue

$182.271.803 100.0 $206.380.947 100.0 $ 24.109.144 13.2

P #1 Educational and General Expenditures
Function
Administration General Student Welfare Plant Operations Library Instruction Activities Related to Inst. Research Extension & Public Service
Total Expenditures

1968-69

Amount

%

1969-70

Amount

%

Increase or

(Decrease)

Amount

%

$ 9,031,736 16,432,367 2,870,911 14,057,198 7,650,272 68,361,429 10,491,517 38,214,027 15.303.445

5.0 $ 10,345,294 9.0 16,447,991 1.6 3,546,501 7.7 16,132,390 4.2 8,263,054 37.4 79,615,826 5.8 12,275,701 20.9 41,521,390 8.4 18.308.488

5.0 $ 1,313,558

8.0

15,624

1.7

675,590

7.8

2,075,192

4.0

612,782

38.6 11,254,397

5.9

1,784,184

20.1 3,307,363

8.9 3.005.043

14.6 .1
23.5 14.8
8.0 16.5 17.0
8.7 19.6

$182.412.902 100.0 $206.456.635 100.0 $ 24.043.733 13.2

Educational and General Surplus

On an accrual basis as set forth in the Statement of Surplus to be found later in this report, funds applied to the operation of the University System exceeded revenue for the current year by $75,688! Surplus was further adjusted by a $168,425 increase which resulted from decreases in Surplus Reserves and normal adjustments from accrued payables and receivables. This increase in Surplus was the source of funds to cover the expenditures which were in excess of revenue.
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, 1969.

Assets
Cash and Temporary Investments Accounts Receivable Inventory Other Assets
Total Assets

June 30, 1969 June 30, 1970

$11,591,831 4,671,634 1,944,319 679,435

$10,082,533 11,491,781 2,183,069 486,473

$18.887.219

$24.243.856

Liabilities and Surplus
Accounts Payable Due to Regents Due to Other Funds Unearned Income Reserve for Inventory Reserve for Matching Funds Reserve for Working Capital Other Reserves Unappropriated Surplus
Total Liabilities and Surplus

June 30. 1969 June 30. 1970

$ 9,659,556 -
81,196 4,185,642 2,426,796
2,202,686
379,072 (47,729)

$14,354,351 1,994,289 400,211 4,551,600 2,727,093 159,182
-
20,473 36.657

$18.887.219

$24.243.856

*Note: Reserve for Working Capital is not allowed effective July 1, 1969.

Auxiliary Enterprises Operation

Increase or (Decrease)
$(1,509,298) 6,820,147 238,750 (192,962')
$ 5.356.637
Increase or (Decrease)
$ 4,694,795 1,994,289 319,015 365,958 300,297 159,182
(2,202,686)* (358,599) 84.386
$ 5.356.637

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

Revenue
Student Housing Faculty Housing Food Services Bookstore & Student Center Student Health Services Other Activities
Total Revenue
Expenditures
Student Housing Faculty Housing Food Services Bookstore & Student Center Student Health Services Other Activities
Total Expenditures

1968-69
$ 6,906,063 298,210
8,178,641 6,340,297 1,468,327 2.514.839
$25.706.377
1968-69
$ 5,233,554 205,492
7,631,987 5,879,789 1,294,556 2.426.929
$22.672.307

1969-70
$ 7,708,578 333,109
8,709,180 7,176,973 1,786,682 2.860.777
$28.575.299
1969-70
$ 7,963,035 286,072
8,844,844 7,008,756 1,567,802 3.033.245
$28.703.754

Increase or (Decrease)
$ 802,515 34,899
530,539 836,676 318|355 345!938
$ 2.868.922
Increase or (Decrease)
$ 2,729,481 80,580
1,212^857 1,128,967
273,246 606.316
_$ 6.031.447

The above comparisons are made on the accrual basis. As reflected in the Statement of Surplus found later in this report, expenditures exceeded revenue from operations by $128,455. This deficit when added to the July 1, 1969 surplus deficit of $296,926 results in a deficit of $425,381. Transfers to authority lease rentals, increases in surplus reserves, transfers to other funds and routine surplus adjustments resulted in a deficit of $243,479. After these transactions Auxiliary Enterprises Surplus shows a deficit of $668,860 as of June 30, 1790.
Student Aid

Revenue received for Student Aid during the year amounted to $7,490,668. Of this amount $348,236 was allocated by the Board of Regents. The current year's appropriation of $348,236 was earmarked for the following stated purposes: (1) Graduate Scholarships $72,636, (2) Regents Scholarships $200,000, and (3) Southern Regional Educational Board $75,600.

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

Revenue

Endowment Revenue Gifts and Grants State of Georgia

*

Total Revenue

I* k4
II
f

Expenditures
Fellowships Scholarships College Work Study Program Educational Opportunity Grants & Others
Total Expenditures

1968-69
$ 109,131 7,186,080 338.013
$ 7.633.224

1969-70

$

99,998

7,042,434

348.236

$ 7.490.668

1968-69

1969-70

$ 3,397,522 1,253,802
1,431,126 1.550.774

$ 2,851,402 1,424,714 1,819,614 1,394,938

, $ 7.633.224 . $ 7.490.668

Increase or (Decrease')

$

(9,133)

(143,646)

10,223

$ (142.556)

Increase or (Decrease)

$ (546,120) 170,912 388,488
(155,836)

$ (142.556)

[Agency Funds ni
The University System held Agency Fund Assets at the end of the year in the amount of $7,520,743. This consisted of funds received and held by various units as custodians, and for the most part represented unexpended student activity fees, funds of student organizations, and funds deposited with the institutions for safekeeping.

Endowment Funds

The University System held Endowment Fund Assets at the end of the year in the amount of $10,002,625 which was $642,452 greater than the assets held at the beginning of the year. The assets held at June 30, 1970, were composed of the demand deposits in the amount of $756,126; time deposits of $469,404 and investments totaling $8,777,095..

Student Loan Funds

The total assets of Student Loan Funds amounted to $14,431,350 on June 30, 1970, as compared with assets of $12,436,025 at the beginning of the year. Most of this increase was due to funds received for student loans under the National Defense Educational Act. The assets consisted of cash in the amount of $593,304, student notes receivable of $12,864,220 and investments totaling $973,825.

Pi
>1
5

Income for Plant Additions and Improvements

The revenue received during the year for plant purposes is compared in the following summary by sources with revenues received during 1968-69.

Source

1968-69

1969-70

Increase or (Decrease)

State Appropriation Gifts and Grants
Private Public Interest on Temporary Investments Other Sources
Total Revenue

$13,790,000
282,090 9,369,806 1,947,277 1.327.664
$26,716,837

$14,499,332
176,998 9,094,505 1,742,562 1.353.641
$26,867,038

$ 709,332
(105,092) (275,301) (204,715)
25.977
$ 150.201

Plant Fund Expenditures

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

Expenditures For:

1968-69

1969-70

Increase or (Decrease)

Plant Additions Debt Service (Principal & Interest) Georgia Education Authority Rentals Other Expenditures
Total Expenditures

$17,285,352 34,450
14,920,776 1.579.684
$33 f820.262

$24,306,887 38,989
15,663,587 2.056.503
$42,065,966

$ 7,021,535 4,539
742,811 476.819
$ 8.245.704

To obtain the total picture of plant additions in the University System, it is necessary to look at the activities of the Georgia Education Authority (University). The Authority is not a part of the University System nor are its activities included as part of this report. The Authority, which was activated in 1950, issues bonds and uses the proceeds for capital additions on the campuses of the University System. These additions are leased back to the various units of the System. The lease proceeds are pledged to retire the indebtedness represented by the outstanding bonds. Present practice is that fifty percent of the annual lease rental payments for student housing facilities are obtained from the revenues produced by the auxiliary enterprise function, with the remaining fifty percent provided from the Lease Rental Appropriation made to the University System by the Legislature. Lease rental payments for all other capital additions financed from bond proceeds are paid entirely from state appropriated funds. As of June 30, 1970, the Authority had issued bonds totaling $265,085,000 of which $222,331,000 were outstanding. During 1969-70, the Authority retired bonds of previous issues amounting to $6,505,000. Funds were held in the Sinking and Reserve Fund Account of the Authority on June 30, 1970 in the amount of $11,615,081 for future debt service requirements. A total of 305 projects had been completed or were in progress at June 30, 1970, with total expenditures under Authority financing having amounted to $252,382,121. Of the total amount expended by the Authority, $43,820,398 was expended during 1969-70 on 137 projects under construction during the period. At June 30, 1970, the Authority had reserved $81,639,620 for completion of unfinished projects and for the construction of other projects not under contract. As will be noted above, the University System paid $15,663,587 to the Georgia Education Authority (University) during 1969-70 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 $15,588,784. This amount was composed of bank demand deposits of $3,905,961, bank time deposits of $7,722,297, investments of $1,256,211, Accounts Receivable of $2,424,550, and amounts due from other funds of $279,765.
Of the above assets, $278,594 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; $727,714 represents lapsed funds Due to Regents; $4,873,967 in accounts payable; $1,782,370 was reserved for matching funds; $642,687 was reserved for auxiliary replacement fund; and $7,283,452 represented unexpended balances held for the completion of projects currently in progress and other rehabilitation projects not yet designed.

Investment in Plant

The University System had a total investment in physical plant assets at June 30, 1970 in the amount of $525,427,579. This represents an increase of $74,373,668 over the investment reported at the end of the previous year.

The investment in plant at the end of the year as compared with that at June 30, 1969 is summarized as follows:

Plant Assets

Increase or

June 30, 1969 June 30, 1970

(Decrease)

Land

Buildings

K

Improvements Other Than Buildings

Equipment

$ 18,313,725 306,787,075 16,924,529 109,028,582

$ 20,508,958 358,042,745 23,131,848 123,744,028

$ 2,195,233 51,255,670 6,207,319 14,715,446

Total Plant Assets

$451.053.911 $525.427.579 $ 74.373.668

During the year $24,000 of Series "A" Georgia Institute of Technology Revenue Bonds were retired, * leaving a balance of $243,000 outstanding of the original issue of $4,000,000. The bonds outstanding .bear interest at the rates of 2 1/47 and 27o and have maturity dates of May 1, 1978.

In addition to the bonded indebtedness referred to above, a total of $1,903,901 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 decrease in indebtedness of $51,874. The balance is being amortized over a period of years with interest from the net income of the projects financed by the loans. 4
It should be noted that buildings constructed by the Georgia Education Authority (University) have 1 i been included in the plant assets of the University System even though title to the property is held by
the Authority. Inasmuch as the building becomes 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 Georgia Education Authority (University) in the pro rata amount of bonds 1 outstanding applicable to the projects included as assets. The equity at June 30, 1970 amounted to
$196,435,083 as against assets included of $253,382,121. .4
With a total investment in plant of $525,427,579, against which bonds were outstanding in the amount 1 of $243,000; $1,903,901 was due to Endowment and Student Loan Funds; Loans payable due other funds
of $13,498; Trust Funds equity of $446,959; and equity of $196,435,083 was held by the Georgia Education Authority (University); the University System had a net investment in plant of $326,385,138.

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, 1970. In addition to the consolidated M statements, detailed financial reports of the operations of the individual units of the University System
are available and contained in an expanded version of this report.

CURRENT FUNDS A . GENERAL
Cash in Bank Demand Deposits Time Deposits
Accounts Receivable Inventories Due From Other Funds
TOTAL GENERAL FUNDS
B. RESTRICTED Cash in Bank Demand Deposits Time Deposits Accounts Receivable TOTAL RESTRICTED FUNDS
AUXILIARY Cash in Bank
Demand Deposits Time Deposits Accounts Receivable Inventories Others
TOTAL AUXILIARY
TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash in Bank Demand Deposits Time Deposits Investments Accounts Receivable
TOTAL AGENCY FUNDS
I I , ENDOWMENT FUNDS Cash in Bank Demand Deposits Time Deposits Investments U.S. Securities GEA-Univ. Bonds Other Bonds Pref. & Common Stocks Real Estate Real Estate Mortgages Univ. System Bldgs. Other Investments
TOTAL ENDOWMENT FUNDS

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1970
ASSETS

$ 3,604,627.31 6.477.905.22 $10,082,532.53 11,550,854.06 2,183,069.33 427,400.27
$24,243,856.19

$ 1,281,450.60 682.015.91 $ 1,963,466.51 3.101.811.58

5,065,278.09

$ 2,136,593.19 2.276.487.76 $ 4,413,080.95 308,422.51 2,827,260.75 104,933.58

7.653.697.79 $36,962,832.

$ 1,308,270.70 5.749.035.31 $ 7,057,306.01 18.75 463.418.37

tA
i4 7,520,743.13
>1*

756,126.04 469,404.29 $ 1.225.530.33

3,063,832.82 994,020.02
1,025,619.90 628,185.54 92,931.36 95,341.70
1,698,676.07 1.178.487.72

nT
/| b
5
#1 4

10,002,625.46 <11*
A*

11

8

CURRENT FUNDS A . GENERAL
Deferred Revenue Accounts Payable Due to Regents Due to Other Funds Reserve for Inventories Reserve for Matching Funds Other Reserves Unappropriated Surplus
TOTAL GENERAL FUNDS
B . RESTRICTED Due to Other Funds Fund Balance

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1970
LIABILITIES

$ 4,551,599.82 14,354,351.02 1,994,288.72 400,211.38 2,727,093.36 159,181.49 20,472.93 36.657.47 $24,243,856.19

$

333.00

5,064,945.09

TOTAL RESTRICTED FUNDS
C . AUXILIARY Deferred Revenue Accounts Payable Reserve for Inventories Reserve for Working Capital Reserve for Renewals & Repl. Other Unappropriated Surplus TOTAL AUXILIARY
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Accounts Payable Fund Balance

5,065,278.09

$ 1,052,262.28 555,973.64
2,795,525.05 104,162.38
2,389,125.50 1,425,509.10
(668.860.16)

7.653.697.79

$36,962,832.07

$ 18,794.44 7,501,948.69

TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Fund Balance

7,520,743.13 $10,002,625.46

TOTAL ENDOWMENT FUNDS 9

10,002,625.46

UNIVERSITY SYSTEM OF GEORGIA

CONSOLIDATED BALANCE SHEET

C(

ASSETS (Continued)

LI

IV. STUDENT LOAN FUNDS Cash in Bank Demand Deposits Time Deposits Student Notes Receivable Investments U.S. Securities GEA-Univ. Bonds Univ. System Bldgs. Other Investments

522,354.20 70.949.77 $ 593,303.97 12,864,220.29
55,500.00 16,568.17 146.196.05 755.561.06

IV. H"
k^
il

TOTAL STUDENT LOAN FUNDS
V . PLANt FUNDS A . UNEXPENDED Cash in Bank Demand Deposits Time Deposits Accounts Receivable Investments Due from Other Funds

$ 3,905,961.00 7.722.297.02 $11,628,258.02 2,424,549.68 1,256,210.91 279,765.66

$14,431,349.54 *
T
H -- v
4

TOTAL UNEXPENDED

$15,588,784.27

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

$20,508,957.60 358,042,745.00
23,131,848.34 123,744,027.86

TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS

525.427.578.80 541.016.363.07
$609.933.913.27

Vi
IV

I* 10

CONSOLIDATED BALANCE SHEET LIABILITIES (Continued)
IV. STUDENT LOAN FUNDS Fund Balance

UNIVERSITY SYSTEM OF GEORGIA

$14,431,349.54

H A"*

TOTAL STUDENT LOAN FUNDS

V . PLANT FUNDS



A . UNEXPENDED Due to Regents

Accounts Payable

Reserve for Projects in Progress

Reserve for Auxiliary Projects

Reserve for Bond Sinking Fund

Reserve for Matching Funds

Fund Balance

TOTAL UNEXPENDED

B. INVESTED IN PLANT Loans Payable to Endowment Loans Payable to Others Bonds Payable Equity of GEA - (U) Equity of Trust Funds Net Investment in Plant TOTAL INVESTED IN PLANT

TOTAL PLANT FUNDS

TOTAL LIABILITIES, SURPLUS, AND FUND BALANCES

$14,431,349.54
$ 727,714.27 4,873,967.57 291,215.30 642,686.54 278,593.91 1,782,370.09 6.992.236.59 $15,588,784.27
$ 1,903,900.74 13,498.20
243,000.00 196,435,083.00
446,959.30 326.385.137.56
525.427.578.80
541.016.363.07
$609.933.913,27



I
r* %
> v
11

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF SURPLUS June 30, 1970
EDUCATIONAL AND GENERAL Unappropriated Surplus, July 1, 1969 Additions:
Excess Revenue Over Expenditures Total Revenue Earned Total Expenditures Total Excess Revenue Over Expenditures
Unappropriated Surplus, July 1, 1969, Plus Additions
Other Additions and (Deductions) Surplus Adjustments Decrease in Surplus Reserves
Educational and General Unappropriated Surplus, June 30, 1970

$206,380,946.99 206,456.634.70
71,522.34 88,552.27

(47,729.43)
(75,687.71) (123,417.14)
160,074.61 36.657.47

AUXILIARY ENTERPRISES Unappropriated Surplus, July 1, 1969 Additions:
Excess Revenue Over Expenditures Total Revenue Earned Total Expenditures Total Excess Revenue Over Expenditures
Unappropriated Surplus, July 1, 1969, Plus Additions
Other Additions and (Deductions) Surplus Adjustments Increase in Surplus Reserves Transfers to Plant Funds: Authority Lease Rentals Replacement Reserves Other Transfers to Other Funds
Auxiliary Enterprises Unappropriated Surplus, June 30, 1970

$ (296,925.51)

$ 28,575,298.79 28,703,754.11

(128,455.32) (425,380.83)

(20,553.00) 61,080.95 (9,522.97)

34,900.22 (284,729.77)
31,004.98 (24,654.76)

f
(243,479.33) (668.860.16~)

12

UNIVERSITY SYSTEM OF GEORGIA

SOURCES OF REVENUE OF THE UNIVERSITY SYSTEM, 1969-70

State Appropriation

$137,549,055.00

Internal Revenue Educational and General Student Fees Gifts and Grants Private Federal Public, Other Endowments Sales and Services Other Sources Total Educational & General

$ 36,764,068.56

$ 3,985,773,10 25,818,888.59 4.878.477.39

34,683,139.08 370,647.27
11,381,217.60 488.387.61 $ 83,687,460.12

Auxiliary Enterprises Student Housing Faculty Housing Food Services Student Center & Bookstore Student Health Services Other Activities Total Auxiliary Enterprises

$ 7,708,577.51 333,108.73
8,709,179.70 7,176,973.30 1,786,681.59 2.860.777.96

28,575,298.79

Plant Funds Gifts and Grants Private Federal Public, Other Interest on Temporary Investments Amount Subject to Lapse per 1969 Audit Other Sources Total Plant Funds

$ 176,997.89 9,034,505.29
______ 60.000.00 $

9,271,503.18 1,742,561.57

(727,714.27) 2.081.355.61

12,367,706.09

Student Aid Gifts and Grants Private Public Endowment Total Student Aid

$ 931,712.37 6.110.721.74 $ 7,042,434.11 ______ 99.997.95

7.142.432,06

Total Internal Revenue

131.772,897.06

Total Revenue From All Sources-Current Year Add: Revenue Applied From Prior Years' Balances, All Funds
Total Funds Applied For All Functions - Current Year

$269,321,952.06 15,403,070.35
S284.725.022.41

UNIVERSITY SYSTEM OF GEORGIA

CLASSIFICATION OF EXPENDITURES OF THE UNIVERSITY SYSTEM, 1969-70 T

Educational and General

iff'

Adminis trat ion

H

General

Student Welfare

* Plant Operations

1

Library

Instruction

General

N

Sponsored

Activities Related to Instruction P 1 n Research

General

fa?.

Sponsored

Extension & Public Service

'^

Total Educational & General Expenditures

$ 10,345,294.28 16,447,990.44 3,546,501.07 16,132,390.26 8,263,053.48

$ 75,328,474.11 4.287.352.04

79,615,826.15 12,275,701.21

$ 23,701,599.88 17.819.789.82

41,521,389.70 18.308,488.11
$206,456,634.70

Pj Auxiliary Enterprises

L ^\ Student Housing Faculty Housing

i >"

Food Services

Student Center & Bookstore

Student Health Services

Other Activities

H

Total Auxiliary Enterprises Expenditures

$ 7,963,034.84 286,072.21
8,844,843.79 7,008,756.34 1,567,801.63 3.033,245.30

28,703,754.11

Plant Funds Additions to Plant-Capital Improvements Debt Service Rentals Paid to GEA (U) Other Plant Fund Expenditures Total Plant Fund Expenditures

$ 24,306,887.11 38,989.03
15,663,587.00 2.056.502.52

42,065,965.66

Student Aid Fellowships Scholarships College Work-Study Program Educational Opportunities Grants & Others Total Student Aid Expenditures
Interest on Constitutional Debt
Total Expenditures for All Functions-Current Year

2,851,402.22 1,424,713.60 1,819,614.42 1.394.937.70

7,490,667.94

________ 8 . 000.00

$284.725.022.41

:
fri B

15

Il li-Jo I Ch > O

UNIVERSITY SYSTEM STATEMENT OF EDUCATIONAL
For Year Ended hr

S T U D E NT

FEE

Non-Resident

Matriculation

Tuition

S Other

GIFT S & Pub

Private

Federal

Georgia Institute of Technology Southern Technical Institute

$ 3,320,971.57 $ 2,455,641.32 $

288,783.05

43,932.60

Engineering Experiment Station

Engineering Extension Division Georgia State University

4,316,836.57

299,029.95

Urban Life Extension Service Medical College of Georgia

513,941.90

36,885.00

Eugene Talmadge Memorial Hospital

University of Georgia

7,836,996.48

Continuing Education Center

746,870.72

1,775,612.50

Agricultural Experiment Station

Agricultural Extension Service

22,558.80 $ 7,976.40
176,891.33

666,737.33 $ 2,192,869.14

48,085.25

6,818.00

531,387.51 3,229,455.63

2 ,10 0 .0 0

48,198.44

220,183.94

510,421.54

(27,269.25)

725,061.05 3,100,072.63

628,627.94

1,003,615.20 2,739.31
497,085.69 7,864.96

7,695,843.93 v 398,325.42
2,210,843.59 > 3,800,318.45

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwin Agric. College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College

647,512.16 623,048.50 746,198.64 679,809.17 731,921.11 590,683.94 1,697,071.87 735,293.00 380,592.50 746,692.54 917,293.22 1,582,932.37
385,554.52 270,386.11 172,794.30 199,652.40 214,833.10
214,994.40 303,092.30 193,600.20 498,331.50 250,652.00

32,380.62 45,171.80 155,590.30 82,678.00 22,640.40 43,217.00 254,643.51 50,463.00 60,893.00 43,584.29 213,591.15 58,308.60
37,110.24 14,019.00
6,171.15 4,065.00 3,650.90
2,947.00 11,672.50
4,751.20 22,174.10 35,111.00

22,126.31 21,939.25 32,718.44 30,202.50 27,957.11 23,374.11
6,739.00 2,904.00 11,388.50 10,099.61 29,146.00 51,157.00
10,233.00 7,491.50 3,825.00 7.00
25,473.35
308.00
3,756.60 3,723.79 7,438.00

8,223.57 1,191.89 51,563.37 48,362.84 13,270.57
95,604.49 52,422.63
800.00 724.56 8,659.44
89.50

351,190.52

30,977.87 i * *

23,024.12 107,728.49

4 pL

420,294.47 12,219.04

Wr

220,834.37 k U * 112,691.96
61,274.90 250,033.17

58,920.37 r 196,580.81

yy 289,223.01
11,409.72 y ' *

40,569.79

-T* 104,649.71 :

24,633.52 6,857.00
26,079.52 78,028.16 118,257.65

! h4
AA

Regents Office State Technical Services Grants to Junior Colleges Teachers Retirement-State Portion _

2,679.41 77,564.24

TOTALS

S29.807.3 4 0 -1 4 S 5 . 8 1 5 . 9 3 5 . 1 3 $ 1.140.793.29 $ 3.985.773.10 $25.818.888.59
I

o.`. I ** hm*
16

OF GEORGIA AND GENERAL REVENUE June 30, 1970

G R ANTS lie
Other

Endowment Income

Sales and
Services

Other Sources

Total Internal Revenue

State AoDroDriation

Total Revenue

( I,, % **
1 1^ H -4
(f1 # Kp 1f tf
4 4
9 **

$

61,360.55 $

432,804.18 48,198.44
228,265.97

75,546.71 473,389.22 1,113,526.77
24,642.18 457,291.67 1,634,876.86

87,585.67 910.97

155,076.05 3,117.00
13,507.83 2,627.14
20,232.67 11,656.10

8,826.01

i 14
1K * -v .;
!A
11 ML if
M-

12,035.40 12,500.00

15,066.05 $ 1,545.60

777,929.26 $ 78,883.20
541,014.48 361,011.75 166,094.70

2 0 ,000.00
326,575.58
2,610.00 4,850.04

531,651.55
3 ,323,808.41 2 ,919,263.49
187,190.28 1 ,376,538.21
562,550.04

6,641.65 6,343.41
400.00 7,239.16 25,846.64 10,768.95 277,194.42 9,772.63 1,770.04 5,066.00 7,741.17 55,593.79

41,135.37 5,522.47 1,123.50
21,690.43 611.81

11,635.78 1,191.00
18,416.11 10,855.00
8,541.27

11,894.85 8,286.78

28,923.90 $ 9,542,057.92 $ 11,424,000-00 $ 20,966,057.92

474,478.50

990,000.00

1,464,478.50

31,278.27 4,767,485.67

2,523,000.00

7,290,485.67

459,508.63

195,000.00

654,508.63

5,917,724.00

9,578,000.00 15,495,724.00

10 0 ,000.00

10 0 ,000.00

4,846.91 4,980,736.50

6,304,000.00 11,284,736.50

1,287.85 3,798,985.48

6,254,000.00 10,052,985.48

33,926.62 23,333,988.51 31,540,000.00 54,873,988.51

1,359,767.91

1,148,000.00

2,507,767.91

20,307.10 4,564,676.26

4,396,000.00

8,960,676.26

(143.68) 6,010,316.67

4,754,000.00 10,764,316.67

17,399.74 18,309.84 26,593.60 27,212.95
136,247.92
3,240.96 23,080.13
3,478.06 6,771.84 6,660.25

1,164,836.67 754,925.21 985,716.99 986,433.64
1,432,098.62 832,898.53
2,469,991.00 916,992.69 538,999.07
1,174,790.83 1,245,119.85 2,003,655.45

1,674,000.00 1,311,000.00 1,460,000.00 1,188,000.00 2,079,000.00 1,676,000.00 4,122,000.00 1,850,000.00 1,036,000.00 1,656,600.00 2,182,000.00 3,644,000.00

2,838,836.67 2,065,925.21 2,445,716.99 2,174,433.64 3,511,098.62 2,508,898.53 6,591,991.00 2,766,992.69 1,574,999.07 2,831,390.83 3,427,119.85 5,647,655.45

27,977.91 11,496.40 20,391.11
6 ,0 2 1.0 0 2,836.10
5,202.15 3,692.19 9,246.24
849.30 11,252.95

800,860.06 320,325.20 245,599.41 231,435.83 360,714.41
271,756.25 326,594.49 255,849.87 613,961.85 431,252.87

1,104,000.00 842,000.00 676,000.00 815,274.00 667,000.00 2 0 0 ,0 0 0 .0 0 6 6 6 ,0 0 0 .0 0
1,070,000.00 932,000.00
1,268,000.00 790,000.00

1,904,860.06 1,162,325.20
921,599.41 1,046,709.83 1,027,714.41
20 0 ,000.00 937,756.25 1,396,594.49 1,187,849.87 1,881,961.85 1,221,252.87

27,074.26 85,851.02

1,025,352.00 313,000.00
1 ,20 0 ,000.00 8,040,260.87

1,052,426.26 398,851.02
1 ,20 0 ,000.00 8.040.260.87

|r
*

i 4.878.477.39 $ 370.647.27 $ 1 1 .381.217.60 $ 488.387.61 $83.687.460.12 $122.693.486.87 $206.380. 946.99

4
4 4 4* 4

17

UNIVERSITY SYSTEM

OF

STATEMENT OF EDUCATIONAL For Year Ended

Administration

General

Student Welfare

Plant Operations

Library

Georgia Institute of Technology Southern Technical Institute Engineering Experiment Station Engineering Extension Station
Georgia State University Urban Life Extension Service
Medical College of Georgia Eugene Talmadge Hospital
University of Georgia Continuing Education Center Agricultural Exp. Station Agricultural Ext. Service

1, 132, 814.05 $ 1, 330, 315.56 $

97, 185.16

82, 327.61

52, 462.25 890, 196.98

754, 643.31

257, 274.06 $ 2 , 773, 365.89 $ 1, 061, 388.10

74, 607.31

281, 201.42

62, 771.22

Er

404, 179.42

7 , 807.39 1, 562, 892.78

:> 803, 876.23 . y '

416, 960.05 2 , 710, 235.45

664, 130.04 1, 923, 044.64

138, 195.91 1, 138, 546.53

641, 519.21 4 , 804, 361.50

171, 173.93 2 , 605, 538.63

r fV ''

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

2 6 1 ,, 8 3 2 ..68

269., 943.09

88 s,59 6 .,10

267., 276.,58

1 6 8 ., 8 9 3 .,12

1 4 4 ,, 8 8 5 .,59

153,, 709,.83

58 ,,67 1.91

222.,54 5.,39

183., 671. 72

150,, 938.,13

189., 904,.37

96,,06 7.,80

299!, 20 2.44

163.,37 0.,38

142,, 168.87

119., 817.55

5 3 ,,38 0 .95

271.,36 7..73

196., 162.,56

194,,71 7.,81

236., 206.91

85 ,,83 9.35

576., 913.35

180., 904.,32

220,, 181.50

230., 924,.91

76,, 971.01

255.,4 8 3 .57

139.,4 0 1 ..88

4 0 8 ,,634..55

4 2 6 .,59 8,.30

151,,0 8 1 .04

623.,4 8 9 .,81

370., 187.,34

201,, 215.80

150,,4 9 4 ,.41

126,, 761,.31

279.,86 5..01

224.,50 3.,89

131,, 126.,88 208,,02 4.93

117,,4 8 4 .86 227,,52 7.00

6 6 ,,08 2,.42

248.,4 9 5 .25

120., 537..45

71,,00 0.74

36 9., 52 5.66

180., 58 4.,55

If

254,, 765.,55

257!, 722,.26

69 ,,83 1.56

37 0., 64 8.97

288., 164..53

299,, 949.92

363,, 07 4,.97

125,, 167.15

587., 287.03

36 2, 232..88

Abraham Baldwin Agric. College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College facon Junior College
idle Georgia College 'h Georgia College

128,,66 3.16 111,, 909.12
8 7 ,,39 3.65 113.,09 5.52
99,, 875.60 200, 000.00 105,, 941,.94 132,, 172.14
146, 383.84 163, 127,.34
88, 688.97

110,, 174,.07 65,569 .61 67,830 .60 80 .,290 .63 67,849 .79
4 8 .,420 .14 115,643 .45
8 3 .,783 .74 155,446 .07 114,851 .85

77,,4 3 9 .34 3 5 ,, 29 6,.65 3 8 ,,51 5,.35 3 0 ., 89 2,.53 32 j, 53 4,.25
32 ,,821 .14 61,436 .96 5 5 , 923,.56 5 6 .,772 .51 4 2 ,614 .21

185., 918.07 142., 805.74 128., 937,.61 150., 278,.24 106., 704,.13
147,, 204,.78 207;, 652,.66 181., 3 9 2 ,.29 286., 830,.84 151.,416 .92

75;,4 9 1 ..88 105., 00 1 .59
78.,4 1 8 ..59 63 ., 121,37 87 ,4 4 5 .04
100., 975.,16 142, 077.24 123, 4 5 7 .,67 106., 240.11
97.,4 6 2 .10

s Office ^.chnical Services ' Junior Colleges Retirement-State Portion

1, 04 9, 746,.85

8 . 040. 260.87

$ 10. 345. 294.28 $ 16. 447. 990.44 $ 3 . 546. 501.07 $ 16. 132, 390.26 $ 8 . 263. 053.48

18

*

OF GEORGIA
1
AND GENERAL EXPENDITURES
June 30, 1970

Y> *<vV* =
'1 W
V ' V-
1
Si# * |Bt
r1
V V <n k
T
>4 t 'Mu
[, I
-4. vf *
1 k4
t*M
K5 ^
r
K %># 1r ;k
II
a ** /l 4

Instruction

General

Sponsored

Activities Related to Instruction

Research

General

SDOnsored

Extension and Public
Service

Total Expenditures

$ 8,827,954.12 $ 775,747.34

694,230.37 $

153,983.17 $ 2,868,164.33 $ 1,876,942.60 $ 4,204,263.25 3,170,503.90

$ 20,976,432.25

78,012.76

1,451,852.82

7,374,767.15

586,170.85

646,440.49

9,139,167.16

170,758.36

967,950.72

147,039.73

703,418.79 99,999.05

15,544,123.48 99,999.05

4,836,633.76 22,297,856.84

2,256,610.92

9,572,356.21 344,342.03

469,317.75 7,855,695.45

3,900,625.39 473,889.22
6,404,181.80

53,699.09
2,530,357.68 2,506,812.58

11,292,255.13 10,046,245.43 54,870,771.47
2,506,812.58

7,317,977.25 1,637,869.23

8,955,846.48

10,763,996.61 10,763,996.61

1,371,967.07 1,243,280.49 1*513,918.37 1,229,896.06 1,562,852.58 1,385,364.52 4,068,391.58 1*713,204.09
844,637.81 1,261,822.65 2,114,343.53 3,224,188.63
992,732.52 684,844.08 468,695.50 565,286.00 572,125.58
461,357.95 715,991.96 590,386.51 1,038,116.07 627,711.34

7,368.57
127,059.61 83,519.43 13,066.77
160,653.98 24,352.00 51,222.43
214,028.59
277,858.21 1,953.72
10,052.23
2 ,000.00
18,452.52
6,517.52 72,377.16 95,269.65

433,784.52
511,436.96 151,220.72 217,270.42
455,172.39 414,834.90
21,299.89

1 ,200,000.00

1,377.84
8 ,000.00 1,987.64 6,865.65

14,450.12 40,366.04
9,662.39 49,706.77 51,409.75 40,463.47
2,679.41

45,507.63 17,041.68 34,656.31
5,464.03 22,216.91 117,615.94 18,241.51
13,422.62 30,678.39 35,933.65
33,373.42 14,491.75 33,865.13 34,968.91 57,933.31
21,890.98 21,718.98
849.30 3,369.61
422,780.64

2,862,293.16 2,059,641.13 2,446,271.13 2,174,509.64 3,486,220.78 2,506,481.82 6,600,495.38 2,790,047.77 1,579,587.10 2,787,080.54 3,426,618.26 5,626,697.72
1,902,950.56 1,161,872.26
913,708.66 1,037,933.20 1,026,467.70
20 0 ,000.00 937,064.61 1,396,693.39 1,187,845.13 1,879,759.40 1,221,384.65
1,052,426.26 422,780.64
1 ,20 0 ,000.00 8.040.260.87

S75.328.474.ll $ 4.287.352.04 $12.275.701.21 $23.701.599,88 $17.819.789.82

$206.456.634.70

rr---11 0000
00 oCO 0--01 </>

fU
s

iI s

A

j. ! 4

19

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISES REVENUE For Year Ended June 30, 1970

Student Housine

Georgia Institute of Tech. Southern Tech. Institute
Georgia State University Medical College of Georgia University of Georgia

$ 1,016,266..73 $ 118,365,.60
186,034,.60 2,834,541,.85

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College/Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

218,739,.72
215,431,.32 259,674,.07 580,381 .26 250,029 .92 270,291,.86 2 0 2 ,1 1 2 ,.05 262,215,.79 '688,767,.50

Abraham Baldwin Agric.College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College

239,424,.43
219,615,.13 146,685,.68

TOTALS

$ 7.708.577,,51 $

Faculty Housine

Food Services

Student Centers and
Bookstores

Student Health Services

Other Activities

Total

230.,816..02 $ 840,392,.24 $ 822,,426,.19 $

172,928.. 2 0

127,,941..41

487,,062..93

299,654,.52

162,,2 1 2 ,.12

l.,447,942..25

1,647,,587,.35

358.,804,.2 2 1 0 ,731 .78
24,,297,.00 752.,377,.07

$ 224.,096.,88 814..80
299.,290,,05 148.,917..68 1 ,512,,238..71

$ 3.>492.,802..28 430.,781..79 786.,352,.98 821.,115..92
8 ;1194.,687..23

1 1 ,,486,,96

374,057..28

19.,137..00 24.,142.,50
47.,0 0 2 .25 524..00

355,180..72 460,980,.2 2 ,082,102,.29
352,134,.69 440,086,. 0 2 368,769,.43 462,550,. 0 2 916,371,.84

79,,420,.34
225,,982,.85 231,,723,.70 253,,152,.51 241,,118,.86 141,,169,.50 293,,982,.91 2 2 0 ,,871,.84 266,,542,.26
109,,310 .09 293,,2 2 0 ,.48 422,,846 .54

62.,069,.1 2
51.,843,.35 57.,262,.92 64,,863,.58 54.,644,.18 35.,278,.00 47.,478 .32 67,,792,.00 1 0 1 .,050 .60

28.,027,.25
14,,984,.53
46,,955..48 90.,995..72 144.,954,.32 42,,390,.35 19,,522.. 0 2 103.,851,.61 15,,637,.36 75,,170,.0 2

773.,800..67
225.,982..85
246.,708.,23 253.,152..51 929.1 6 6 6 .,73 i.,034.,224..93 2 .,166.,284..36 920.,070..98 f i ,078.,722..41 832.,045..50 1 .,1 0 1 ,415..65 2 .,204,,206..50

341,696,.88 39,173..29
25,533,.0 1

130,,633,.51 81,,079,. 1 1 58,,433,.0 1 90,,727,.28 81,,249,.68

39.,147,.57

35,,963,.65 3,,594,.00 2 ,,185,.29
3,,288,.76

786.,8 6 6 .,04 123,,846..40
60.,618.,30 90,,727..28 1 1 0 .,071..45

26,992,.06 459,674..60 242.960,.14

117,,767,.51 181,,541,.79
81,,561,.33 186,,264,.31 141,,143,.89

30.,612,.00 28.,429,.88

332..2 1
1 ,,306,.18 9,,450..55 36,,810.,54

118.,099.,72 181,,541..79 109.,859..57 905,,616..59 596.,030..13

333.,108.73 $ 8 .709.179.,70 $ 7.176.,973,.30 $ 1.786.,681..59 $ 2 ,860,,777,,96 $28.,575.,298.79

UNIVERSITY SYSTEM OF GEORGIA

y > + 3

*

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF AUXILIARY ENTERPRISES EXPENDITURES For Year Ended June 30, 1970

Student Housine

Faculty Housing

Food Services

Student Centers and
Bookstores

Student Health Services

Other Activities

Total

Georgia Institute of Tech. Southern Tech. Institute
Georgia State University Medical College of Georgia University of Georgia

$ 924,228.54 $ 80,851.35
70,975.72 2,696,459.06

195,235.52 $ 902,404.33 $ 813,858.98 $

198,682.07

100,999.08

458,245.07

304,538.92

172,050.88

1,414,277.85

1,603,675.36

334,479.99 5,658.60
20,748.84 709,183.73

$ 535,423.22 800.33
213,796.35 238,509.40 1,487,493.64

$ 3,705,630.58 386,991.43 672,041.42 806,823.76
7,911,089.64

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College/Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwin Agric. College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College

181,962.15
195,941.57 342,264.98 670,373.26 321,584.29 338,644.99 209,261.55 351,852.00 829,061.08 237,072.69
332,748.16 179,753.45

10,994.74

385,949.56

6,800.01 34,506.45
38,052.80 482.69


470,497.00 486,657.09 1,090,280.49 287,954.07 436,493.67 458,572.65 476,274.19 822,907.62
390,064.29 40,916.61

27,536.04

40,038.50 370,939.00 239,859.84

82,485.80 221,328.07 247,091.83 222,506.52 278,637.70 131,613.77 275,000.19 241,073.92 245,744.43 132,919.79 275,177.71 367,460.42
133,915.67 76,817.45 58,313.00
110,263.77 79,665.26
119,889.50 178,259.92
82,720.92 157,071.79 141,969.54

43,244.79
29,292.31 46,375.10 73,785.67 37,165.87 46,834.32 21,762.88 47,126.01 80,150.41 i 30,575.80
16,176.89 25.240.42

25,972.92
6,787.10
63,529.11 111,723.95 121,257.29 43,038.99
57.78 32,030.50 19,318.39 73,734.34
21,979.85 869.70
1,616.06
854.90
112.19 410.00 33,929.29

730,609.96 221,328.07 253,878.93 222,506.52 1,044,697.70 1,153,141.34 2,230,696.90 930,817.14 1,105,827.99 855,030.06 1,169,748.30 2,173,313.87
813,608.30 118,603.76
59,929.06 110,263.77 108,056.20
119,889.50 178,259.92 122,871.61 877,345.84 620,752.54

TOTALS

$ 7.963.034.84 $ 286.072.21 $ 8.844.843.79 $ 7.008.756.34 $ 1.567.801.63 $ 3.033.245.30 S28.703.754.il

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF REVENUE FOR STUDENT AID For Year Ended June 30, 1970

V ftg ?

Endowment Income

Georgia Inst, of Technology Georgia State University Medical College of Georgia University of Georgia
Agricultural Experiment Sta.

$ 68,944.08 $ 600.00
8,924.00

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

50.00 3,839.30 12,935.57
4,000.00

Abraham Baldwin Agric. College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College

705.00

REVE N U E

% 1>

GIFTS AND GRANTS

PUBLIC

% *

Private

Federal

Other

Total

P rf

242,096.07 $ 662,634.85 $

20,356.53

78,448.12

$ 973,675.00 99,404.65 >

6,925.00 369,890.06

100,614.58 2,468,297.67

4,800.00

107,539.58 * 2,851,911.73

412.00

21,195.79 216,817.56

250.00

21,857.79 216,817.56

L- **

59,310.78

66,431.37

125,742.15

70,603.06

29,275.67

99,878.73

59,605.37

87,858.98

147,514.35

2,077.00

369,471.44

4,000.00

379,387.74 'f j

26.50

148,113.80

1,901.32

162,977.19

13,989.76

269,799.93 83,332.59

269,799.93^ I V 97,322.35

5,600.00 1 ,200.0 0

90,625.68 108,122.86 137,185.47

29,572.00

129,797.68 1 * 109,322.86 137,185.47 b 1 A

18,156.00

487,627.45

505,783.45 S' 4

28,617.23 12,532.61
4,916.00

157,440.60 72,652.58 50,359.62 28,110.42 49,778.43

3,767.00 4,198.01

186,057.83 72,652.58 66,659.23 32,308.43 54,694.43

,
) *

5,648.59 5,173.48
130.00
4,446.33

28,548.66 8,492.65
12,829.80 73,463.99 145,985.85

852.00 7,865.00

34,197.25
y

t

15,223.13

12,959.80 W 81,328.99 r

150,432.18 H

Graduate Scholarships Southern Regional Ed. Board Regents Scholarships
TOTALS

72,635.88 75,600.00 20 0 ,000.00

72,635.88

4

75,600.00

20 0 ,000.00 >

$

99.997.95 $ 931.712.37 $ 6.053.516.41 $ 405.441.21 $ 7.490.667.94 * J< 4

E fr 9

k

i,M
>* I PW

22

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF EXPENDITURES FOR STUDENT AID

Nl

For Year Ended June 30, 1970

wj

E X PEND FellowshiDs ScholarshiDS

ITU

RES

Educational

College Work Opportunity

Studv Proeram Grants & Other

Total

p Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia Agricultural Exp. Station

$ 670,205.15 $ 2,181.,197,.07

198,723.77 $ 2 0 .,956 .53 95.,079 .76
315,,794..66

21,457.70 $ 42.,090 . 1 2 1 2 .,459 .82

83,288.38 $ 36,,358,.00

973,675.00 99,404.65

107,539.58

354,,920,.00 2,851,911.73

2 1 .,857..79

21.857.79

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

6 8 .,596 .50 70.,603,.06 49.,8 6 8 ,.35
9.,916,.30 34.,998,.49 6 8 .,673,.0 0 13.,989..76 39.,172,.00
7.,700,.00
18.,156,.00

150.,897 .56
39.,495 .57 1 1 ,903 .17 60.,593 .50
243.,953 .44 1 0 1 .,190 .80
75.,689 .96 66.,672 .09 49.,168 .68 79.,918 .86 94.,2 2 2 .47 401.,996,.45

65,,920,.00 17.,650..08
17.,372..50 37.,052..50 125.,518,.00 26.,787,,90
125.,436,.97 16.,660.,50 41,,457.,00 2 1 .,704,.00 42.,963.,00 85.,631.,00

216,817.56 125,742.15
99,878.73 147,514.35 379,387.74 162,977.19 269,799.93
97,322.35 129,797.68 109,322.86 137,185.47 505,783.45

Abraham Baldwin Agricultural Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College

36.,362,.23 41,,940,.30 24,,365..61
4,,916,,00
5,,648..59 8 .,923..48 3,,612,.00 9,,635..00 4,,446..33

93.,740..60 30.,712,.28 23.,991..62 20 ,989..34 25,,338..44
25,,989..66 4,,014.,65 5,,410..80 53,,043.,99 84,,672..85

55.,955..00
18.,302.,00 1 1 .,319.,09 24.,439.,99
2 ,,559.,00 2 .,285.,00 3,,937.,00 18.,650. 00 6 1 3,313. 00

186,057.83 72,652.58 66,659.23 32.308.43 54.694.43
34,197.25 15,223.13 12.959.80 81,328.99 150,432.18

Graduate Scholarships

72,,635..88

Southern Regional Education Board
Regents Scholarships R,jij|

20 0 .,00 0..00

75,,600.,00

TOTALS

! 2.851.,402, 22 $; 1.424.,713,.60 $ 1.819.,614,,42 $ 1.394.,937, 70

72,635.88 75,600.00 200,000.00

m f .-*>

1

*

*>V j ' iM l i
f
\
23

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Agricultural Experiment Station Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College Abraham Baldwin Agricultural College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Regents Office Building Authority Rentals Insurance and Hazard Fund TOTALS
24

UNIVERSITY SYSTEM

OF

STATEMENT OF PLANT

FU

For Year Ended r Ju

State ADDroDriation

G IF T S
Private

$ 25,000.00 $ 75.000. 00

595.00 > I*

27.000. 00

51,775.00 <:

108,909.40 >

28,800.00
126,500.00 71.500.00 46.107.00 30.500.00 14.500.00
25,500.00
23,250.00 6.943.00 5.650.00
10,500.00
30,250.00

8,635.49 12 0 .0 0
6,963.00

98,000.00 155,000.00

13,699,332.00

S14.499.332.00 $

176.997.89 >

JL
, MFm
* .11
I 4
jr W t
I4

OF GEORGIA

FUND REVENUE > ^ June 30, 1970 y H

Hp f &

GRANTS

PU BL IC

Federal

Other

Interest on Temporary
Investments

L
> N* > 1'Jl

$

51,500.00 $

5,820.00 221,062.64

40,000.00 $ 20,000.00

288,181.38 $ 117,334.61
68,614.59 602,652.74

J
w ** 1 &'

9,721.00 36,572.00

( 4

14,874.79 11,012.85 17,396.38 30,584.28 12,834.75 18,157.50 23,833.32 19,392.09
2,561.40 76,742.92 31,311.98

> 4
ft* ^b) y r# >1$
f Fm

32,548.23

4,412.14 634.40
1,510.12 69,047.47
937.50 172,617.40
3,368.22 10,394.82 11,811.47 37,108.58 11,714.00

Other

Amt. Subject To Lapse Per 1969 Audit

Total

861,232.67 $
54,885.00 291,766.46
60,179.21

(55,610.62)$

1,210,898.43 212,334.61 208,094.59
1,224,391.24 60,179.21

283,199.16
1,247.50 10 1.0 0
97,918.32 273,027.09 109,221.13
46,502.00

(10 0 ,000.00)
(136,325.00) (124.84)
(113,151.00) (2 0 ,000.00)
(1 2 0 ,00 0.00)

283,199.16 (66,768.72) 77,632.35
17,617.38 (105,740.72) 244,091.23 362,684.59
66,010.45 96,394.09 (2,938.60) 76,742.92 (63,188.02)

705.00
89.87 1,281.20

(553.75)
(25,000.00)
(25,300.00)
(25,000.00) (350.00)
(104,995.90) (1,303.16)

60,361.62 7,577.40
(17,839.88) 69,047.47 (13,862.50) 172,617.40 33,618.22 (14,605.18) 11,461.47 30,202.55 166,692.04

8,677,281.42


83.519.87

8,677,281.42 13,699,332.00
83,519.87

$ 9.034.505.29 $ 60.000.00 $ 1.742.561.57 $ 2.OBI.355.61 S (727.714.27^26.867.038.09

25

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Agricultural Experiment Station
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Floyd Junior College Gainesville Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College
Regents Office Building Authority Rentals Hazard Reserve
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF PLANT For Year Ended v

PLAN Land

T

ADD

Buildings &

Additions to

Buildines

H H H O

Improvements Other Than
Buildines

$ 869,652.96 $; 1,104,460.02 $ 695,733.84

574.70

345,677.88

28,643.95

196,933.16

2,748,964.36

203,576.74

179,166.00

253,948.99

52,816.59

5,363.46 8,456.92

11,794.06 341,507.00
54,753.19 15,281.53 114,683.47 69,592.22 337,387.23 85,956.73 229,931.31 21,559.88
1,153.70 263,760.15

114,561.26 18,023.00 30,977.36 30,813.16 7,575.00
154,311.23 10,419.35
157,687.25 54,245.20
209,579.74 140,638.25 101,055.79

2,650.00 377.25

41,455.24 2,943.00
1,498,438.03 13,750.00
1,064,813.12 24,096.79 27,127.68 20,439.29
190,533.82 211,276.27

18,163.75
30,109.91 ^*1 4h 4,257.44 ! * 44,057.26
2,622.27 3,151.50
151,796.88 11,719.50

8,677,281.42

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

s

$ 1.066.241.29 $17.772.566.38 $ 2,473.469.38 J *

IT &t
I: >
AS i A *
ilf >1 4
^ f\ i
Hr
& I^ lv K
26

pH

[EM
FUND EXPENDITURES June 30, 1970

itfc
iff
S3 > I 4

NS

Retired Indebtedness

Interest On Indebtedness

Building Authority
Rentals

928,912.54 $ 193,809.34 105,803.55 371,427.95
25,202.60

24,000.00 $

5,593.75 $

291,456.00 $
34,748.00 730,680.00

663,587.59 $ 4,583,396.70

568,705.87

179,623.90

517,108.61

133,462.38 4,188,111.43

511,134.18

46,241.27 8,235.00
83,532.21 30,747.18 28,373.93 73,404.62 81,997.47 19,735.97 74,135.10 20,090.97 106,923.46 106,430.75
50,991.36

5,785.19 1,538.64

509,071.14
79,609.31 4,437.00 . 2,491.50 3,269.00 1,329.49
38,407.35

1,620.34 451.11

34,751.00 57,516.00 176,540.00 104,200.00 38,592.00
135,464.00 212,376.00
47,516.00

66,276.00 34,140.00
13,699,332.00

23,270.03
318.31 32,658.66
4.00 237,737.38

172,596.59 367,^65.00 169,262.76 100,111.90 185,383.40 367,593.06 606,662.36 400,238.61 407,350.28 251,234.59 621,916.79 683,622.69

34,330.57 252.68
140,118.77

192,456.92 33,052.91 7,160.12
2,007,509.17 57,807.26
1,144,422.43 31,156.06 32,770.68 23,708.29
550,054.96 295,920.37

611.138.25

8,677,281.42 13,699,332.00
611.138.25

$ 2 . 994.610.06 $ 31.323.83 $

7.665.20 $15.663.587.00 $ 2.056.502.52 S42.065.965.66

Ht** iff 1 -f

k. 4
EJfl

Regents Central Office FINANCIAL REPORT
0H 0 *
For the Year Ended June 30, 1970
y0 M*
y: e

VI 4
i

jff -*
* fl
> m '4
il
&
4 J
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H1

REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA 244 Washington Street, S. W. Atlanta, Georgia 30334

Shealy McCoy
Vice Chancellor for Fiscal Affairs and Treasurer

William N. Perry
Assoc. Treasurer

29

I . CURRENT FUNDS A . GENERAL Cash in Bank Demand Deposits Petty Cash Accounts Receivable State Treasurer Institutions for Fiscal '69 Ga. Higher Education Fac. Comm. U.S. Dept, of Commerce Other Receivables

TOTAL GENERAL FUNDS

B. RESTRICTED Cash in Bank Demand Deposits

TOTAL CURRENT FUNDS

II. AGENCY FUNDS Cash in Bank Demand Deposits

III.

ENDOWMENT FUNDS Cash in Bank Demand Deposits Time Deposits

TOTAL ENDOWMENT FUNDS

IV. STUDENT LOAN FUNDS Cash in Bank Demand Deposits Time Deposits Notes Receivable

TOTAL STUDENT LOAN FUNDS

V. PLANT FUNDS A . UNEXPENDED Cash in Bank Demand Deposits Time Deposits U.S. Treasury Obligations Accounts Receivable Institutions for Fiscal '69 Ga. Education Auth.(Univ.)

TOTAL UNEXPENDED FUNDS

GENERAL ACTIVITIES

BALANCE SHEET

June 30, 1970

>

ASSETS

t

pf

$

7,558.88

10.00

$ 4,339,173.73

1,941,683.37

fc

15,000.00

37,284.53

1,709.56 6,334,851.19



H

$ 6,342,420.07
h 475.82
$ 6,342,895.89

$ 35,229.21 150.000.00

49,385.99 ,,
> v
W* 185,229.21

$

7,704.10

17,500.00 $ 25,204.10

______ 4,452,22

$ 269,067.61 1,551,067.07 $ 1,820,134.68 978,684.67

$ 727,714.27 1.057,770.35

1,785,484.62

$ 4,584,303.97

A 29,656.32
IP
f V*


>
30

-v

'f Y

CURRENT FUNDS A . GENERAL
Accounts Payable State Treasurer for Fiscal '69 Teachers Retirement System Other-Institutions Other-Regents Office Other-Graduate Education Other-State Tech. Svc.
Reserve for Accounts Receivable Reserve for Matching Funds-rJ3tate Reserve for Restricted Funds-Fed. Unearned Revenue Unappropriated Surplus
Regents Office State Technical Svc. TOTAL GENERAL

B. RESTRICTED

Fund Balance

89 >

TOTAL CURRENT FUNDS

!#** f; II, AGENCY FUNDS

99

Fund Balance

14 III, ENDOWMENT FUNDS Porter Trust Fund Balance

GENERAL ACTIVITIES
BALANCE SHEET June 30, 1970
LIABILITIES

$ 1,966,507.54 1,057,472.95 3,155,372.00 66,708.96 1,606.05 66.055.48

6,313,722.98 15,000.00 7,000.00 5,429.28 791.66

187.06 289.09

476.15 $ 6,342,420.07

475.82 $ 6,342,895.89

$ 185,229.21

49,385.99

21

TOTAL ENDOWMENT FUNDS

IV. 4
>IF

STUDENT LOAN FUNDS Wm. H. Black Loan Funds

32 L
K-| p v .
H f .4 L i K 1 <4,
p* m i

TOTAL STUDENT LOAN FUNDS
PLANT FUNDS A . UNEXPENDED
State Treasurer for Fiscal '69 Reserve for Architect Fees Reserve for Dormitory Rentals Reserve for Commitment to
Ga. Education Auth. (Univ .) for Failure of Federal Funds:
Insurance & Hazard (Regular) Workmen's Compensation No. 1 Workmen's Compensation No. 2 TOTAL UNEXPENDED FUNDS

$ 29,656.32

185,229.21

29,656.32

$ 727,714.27 610,404.95 52,290.59

$ 3,092,788.52 3,473.12
97,632.52

3,193,894.16 $ 4,584,303.97

:f i L^
31

ASSETS (Continued)
V. PLANT FUNDS (Continued) B. EXPENDED Land Bldgs.-Chancellor's Residence Equipment Regents Office Chancellors Residence State Technical Svc. TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

GENERAL ACTIVITIES

7

$

20, 000.00

'i

83,794.12

196,647.90

17,593.88

______ 3.277.60

$ 321.313.50

>

$ 4.905.617.47 *

Sll.512.784.88W

* V <> A Y P * Y
* >
32

I

LIABILITIES (Continued)

V.
T
1 I*

PLANT FUNDS (Continued) B. EXPENDED
Investment in Plant

TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS

GENERAL ACTIVITIES
$ 321,313.50
$ 321.313.50 $ 4.905.617.47 $11.512,784.88

4 > 44

X " * > :4 ( B 4
Y \ -*4

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fa* f *
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4

33

GENERAL ACTIVITIES

STATEMENT OF SURPLUS

For Year Ended June 30, 1970

T

EDUCATIONAL AND GENERAL Additions: Excess Expenditures Over Revenue Revenue Expenditures Total Excess Expenditures Over Revenue
Other Additions and Deductions Decrease in Surplus Reserves Reserve for Matching Funds-State Reserve for Restricted Funds-Federal Total Decrease in Surplus Reserves
^Surplus Adjustments
Educational and General Unappropriated Surplus, June 30, 1970

$10,691,538.15 10.715.467.77 $

$ 19,097.00 ______ 5.898.18
$

24,995.18 (589.41)
1

* Adjustments in Surplus are due to differences in amounts accrued 6/30/69 and amounts paid or received during fiscal year 1969-70.

y '^N^l
(23,929.62) * >
' 0*
476.15 * *

y y y
V L VP*' :A
i y y

34

GENERAL ACTIVITIES
STATEMENT OF CURRENT REVENUE For Year Ended June 30, 1970

A. EDUCATIONAL AND GENERAL GENERAL OPERATIONS GIFTS AND GRANTS-GOVERNMENTAL Regents Office-Ga. Higher Education Fac. Comm. State Technical Services Program-Federal TOTAL GIFTS AND GRANTS-GOVERNMENTAL

SALES AND SERVICES Regents Office Contract Overhead-NSF Grant No. GJ-608 State Medical Education Board State Soil & Water Conservation Committee Leases State Technical Services Program Fees from Participating Firms TOTAL SALES AND SERVICES

TOTAL GENERAL OPERATIONS

SPONSORED OPERATIONS GRANTS AND CONTRACTS, GOVERNMENTAL NSF Grant No. GJ-608

TOTAL INTERNAL REVENUE

GOVERNMENTAL-STATE OF GEORGIA

STATE APPROPRIATION

Regents Office

State Technical Services Program

Grants to Junior Colleges (DeKalb)

Teachers Retirement-State Portion (Univ. System)

7f

TOTAL STATE APPROPRIATION

TOTAL EDUCATIONAL AND GENERAL REVENUE

B.
h
I >4

STUDENT AID GOVERNMENTAL-STATE OF GEORGIA
STATE APPROPRIATION Graduate Scholarships Regional Education Regents Scholarships
TOTAL STUDENT AID REVENUE

TOTAL CURRENT REVENUE
I
w4

General Revenue

Restricted Revenue

Total

$

12,500.00 $

77.564.24

90.064.24 $

$

12,500.00

77,564.24

$

90.064.24

$

344.77 $

9,148.08

2,400.00

2 .0 0

8.286.78

$

20.181.63 $

$ 110.245.87 $

$

344.77

9,148.08

2,400.00

2 .0 0

8.286.78

$

20.181.63

$ 110.245.87

$

$

$ 110.245.87 $

2.679.41 $

2.679.41

2.679.41 $ 112.925.28

$ 1,025,352.00 $ 313,000.00
1 ,20 0 ,000.00 8.040.260.87 $10.578.612.87 $
$10.688.858.74 $

$ 1,025,352.00 313,000.00
1 ,20 0 ,000.00 8.040.260.87 $10.578.612.87
2.679.41 $10.691.538.15

$

$

72,635.88 $

72,635.88

75,600.00

75,600.00

20 0 .000.00

20 0 .000.00

_

____ L _ 348,235.88 $ 348.235.88

$ 1 0 .688.858.74 $ 350.915.29 $11.039.774.03

A

4

35

GENERAL ACTIVITIES
STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30, 1970

A. EDUCATIONAL AND GENERAL ADMINISTRATION Regents Office Teachers RetirementState Portion(Univ.Sys.) TOTAL ADMINISTRATION

FUND CLASSIFICATION

General

Restricted

$ 1,049,746.85 $
8,040,260.87 $ 9,090,007.72 $

OBJECT CLASSIFICATION

Personal

Operating

Services

Su d . & Ex d .

Eauioment

$ 825,424.01 $
8.040.260.87 $ 8,865,684.88 $

193,662.27 $ 193,662.27 $

[ . * 30,660.57
y
30,660.57 *

INSTRUCTION Grants to Junior Colleges (DeKalb)
EXTENSION & PUBLIC SERVICE State Technical Svc. Pro.
SPONSORED OPERATIONS NSF Grant No. GJ-608

1 ,20 0 ,000.00 422,780.64

2,679.41

50,821.99 2.298.44

1 ,20 0 ,000.00 368,869.13 380.97

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$10,712,788.36 $

2,679.41 $ 8.918.805.31 $ 1.762.912.37 $

B. STUDENT AID

Graduate Scholarships

$

$

Southern Regional Edu.Board

Regents Scholarships

TOTAL STUDENT AID EXPENSES



$

TOTAL CURRENT EXPENDITURES

$10.712.788.36 $

72,635.88 $ 75,600.00 20 0 .000.00
348.235.88 $

$

72,635.88 $

75,600.00

20 0 .000.00

_1 348,235.88 $

350.915.29 $ 8.918.805.31 $ 2.111.148.25 $

** jj1 .
3,089.52 r

r 33,750.09
h 1 *
S4, f 14
1 u
Y 33.750.09
9*

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1970

*I ^ ;f I

Disbursements/Transfers

A. EDUCATIONAL AND GENERAL SPONSORED OPERATIONS

Balance Julv 1. 1969

Receipts

For Direct

For Overhead

Balance June 30. 1970

T
A*

Grants & Contracts,Governmental

NSF Grant No. GJ-608, Exp.

in the Development of a Regional Computer Center $

$

3.500.00 $

2.679.41 $

344.77 $

475.82

B. STUDENT AID

Graduate Scholarships

$

Regional Education

Regents Scholarships

TOTAL STUDENT AID

TOTAL RESTRICTED FUNDS

$

.68*$
.68*$ .68 $

72,635.20 $ 75,600.00 20 0 ,000.00 348.235.20 $
351.735.20 $

72,635.88 $ 75,600.00 20 0 .000.00 348.235.88 $
350.915.29 $

$
____
344.

</>

p 475.82

Balance as of June 30, 1969 in amount of $ .6 8 was shown as Current Funds, but this was not designated as Current Restricted at that time.

GENERAL ACTIVITIES
STATEMENT OF TRUST FUND BALANCES For Year Ended June 30, 1970

BALANCE OF PRINCIPAL, July 1, 1969
ADDITIONS: Distribution of Assets Income on Investments TOTAL ADDITIONS
DEDUCTIONS: Appraisal of Property-Dabney & Asso.
BALANCE OF PRINCIPAL, June 30, 1970

Endowment Funds

Student Loan Funds

Total

i

63,940.60 $

28,738.35 ?

92.678.95

$ 119,761.95 $ 2,426.66
i 122,188.61 $

$ 917.97 917.97 $

119,761.95 3,344.63
123,106.58

i

900.00 $

185.229.21 $

$ 29.656.32 $

900.00 214.885.53

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1970

ENDOWMENT FUNDS Porter Trust Fund
LOAN FUNDS Wm. H. Black Loan Fund
TOTAL TRUST FUNDS

Fund Balance JSXuLy_l. 1969

Deductions

Fund Balance June 30. 1970

$ 63,940.60 $ 122,188.61 $

900.00 $ 185,229.21

$

28.738.35 $

917.97 $

$

92.678.95 $ 123.106.58 $

______ L _ 29,656.32 900.00 $ 214.885.53

37

GENERAL ACTIVITIES

REGENTS ALLOTMENT ACCOUNT FISCAL YEAR 1970

FUNDS AVAILABLE State Appropriation General Appropriations Act of 1969 Section 44 (A) State Board of Regents ^Transfer to Talmadge Memorial Hospital

$132,733,926.00 (371.200.00)$132,402,726.00

r
fw > iiL
T
G( U.

Section 44 (B) Talmadge Memorial Hospital
*Transfer from Board of Regents

$ 5,882,800.00 371,200.00

p J* G
6.254,000.00 $138,656,726.00 y*.F,y M(

Governor's Emergency Fund Georgia Institute of Technology

40,000.

TOTAL STATE APPROPRIATION Less: Lapsed Appropriation
Graduate Education Teacher's Retirement-State Portion Authority Lease Rentals
STATE APPROPRIATION RECEIVED

$138,696,726,

$

7,264.12

1,139,739.13

_________ 668.00

(1,147,671,

S 137.549.054.

ALLOCATIONS BY BOARD OF REGENTS General Operations Teaching Institutions Non-Teaching Institutions Other Activities Capital Outlay Plant Renovations & Improvements Authority Lease Rentals Regents Scholarships Grants to Junior Colleges (DeKalb) Interest on Constitutional Debt Teachers' Retirement-State Portion Junior Colleges - Regents Office
TOTAL ALLOCATIONS
* Per Budget Bureau Approval.

W

$ 92,544,874.00 19,370,000.00 1,486,587.88 $113,401,461.

$ 800,000.00

13,699,332.00 14,499,332,

200, 000. oo

c:

1, 200, 000.

8, 000.

8,040,260.

20 0 ,00 0,

$137.549.054.75

T<
*!4
Id- y
Ar *
H 4
38

GENERAL ACTIVITIES

STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS

r

For Year Ended June 30, 1970

r hf |u

f* -

Georgia Institute of Technology

'> >4*

Southern Technical Institute

U.

Engineering Experiment Station Engineering Extension Division

l* Georgia State University

)0

Urban Life Extension Service

Medical College of Georgia

Eugene Talmadge Memorial Hospital

University of Georgia

Continuing Education Center

Agricultural Experiment Station

Agricultural Extension Service

Educational

Plant

& General

Additions &

Other

Operations_____ Improvements_______ Purposes

Total __A12ocations.

1 1 ;,424,

o o o

00 $

990,,0 0 0 .00

2 ,,523,,000.00

195,,00 0.00

9 1,578,,0 0 0 .00

10 0 ,,00 0.00

6 ,,304,,000.00

6 ,254,,000.00

31 j,540,,00 0.00

1 ,,148,,000.00 4.,396,,0 0 0 .00

4,754,,0 0 0 .,00

o o o

25, ,00 $
75,,00 0.,00 27,,0 0 0 .,00

14.,700. 00 $ 1 1 ,,463 j,700.,00

3.,800. 00

993,,800. 00

2 ,,523,,000.00

195,,0 0 0 .,00

23.,2 0 0 .00

9,,676,,2 0 0 .,00

10 0 ,,000.00

700.00

6 ,,331,,700.,00

6 ,,254,,000.00

45,,00 0.00 31,,585,,000.,00

1 ,,148,,00 0.,00

4,,396,,0 0 0 .,00

4 =,754,,000.,00

Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College at Milledgeville Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College

38 Abraham Baldwin Agricultural College

Albany Junior College

DO

Brunswick Junior College

DO H ** Clayton Junior College

00

Dalton Junior College

00 I Floyd Junior College

37 V 00

Gainesville Junior College Kennesaw Junior College

Macon Junior College

75

Middle Georgia College

South Georgia College

1 .,674,,000.,00 1 .,311,,000.,00 1 .,460,,000.,00 1 .,188,,000.,00 2 .,079,,000.,00 1 .,676,,00 0.,00 4.,1 2 2 ,,00 0.,00 1 .,850,,000.,00 1 .,036.,000.,00 1 .,656,,600.,00 2 .,182,,000.,00 3.,644,,00 0..00
1 .,104,,000..00 842.,0 0 0 ,.00 676.,0 0 0 ..00 815.,274..00 667,,00 0,.00
6 6 6 .,0 0 0 ,.00 1 ,070,,000,.00
932.,0 0 0 ,.00 1 ,268,,000,.00
790,,0 0 0 ,.0 0

28,,800.,00
126,,500.,00 71,,500.,00 46,,107.,00 30,,500.,00 14,,500..00
25,,500.,00
23,,250.,00 6 ,943.,00 5.,650..00
1 0 ,,500,.00
30.,250,.00 3.,700,.00
98.,0 0 0 ,.0 0 155,,0 0 0 ,.0 0

5,,300.,00 4,,2 0 0 .,00 5,,2 0 0 .,00 4,,600.,00 7,,0 0 0 .00 4.,800.,00 13.,2 0 0 .,00 6 ,400.,00 3.,600.,00 5,,400.,00 7,,300.,00 1 2 ;,2 0 0 .,00
5,,10 0 .,00 2 ,800.,00 1 ,800.,00 3 ,800.,00 2 ,600.,00
2 ,400..00
2 ,300,.00 6 ,000.,00 2 ,900,.00

1 ,,679,,300.,00 1 ,,315,,2 0 0 .,00 1 ,,494,,000.,00 1 ,,192,,600.,00 2 ,,086,,00 0.,00 1 ,,807,,300.,00 4,,206,,700.,00 1 ,,902,,507..00 1 ,,070,,10 0 ,,00 1 ,,676,,500.,00 2 j,189,,300.,00 3,,681,,700.,00
1 .,132,,350..00 851,,743.,00 683,,450,,00 819,,074,.00 680,,10 0 ,.00
698.,650,.00 1 .,073,,700,,00
934.,300,.00 1 ,372,,000,.00
947,,900,.00

Regents' Office

'State Technical Services

Graduate Scholarships

Southern Regional Education Board

Georgia Education Authority (University)

1

Grants to Junior Colleges

Junior Colleges - Regents

Interest on Constitutional Debt

r i * Teachers' Retirement (State Portion)

fe

*

TOTAL ALLOCATIONS

.k* |n LM

1 ,025,,352,.00 313,,0 0 0 ,.0 0

75 ,600,.00
1 ,20 0 ,000,.00 200 ,000,.00 8 ,000,.00
8 ,040 ,261 .00

13,699,,332,.00

S122.777.087.00 $ 14.499.332.00 $

72 ,636,.00

l ,025,,352,.00 313,,0 0 0 ,.0 0 72 ,636 .00 75,,600 .00
13,,699,,332,. 0 0 i.,20 0 ,,000 .00 20 0 ,,000 .00 8 ;,000,.00 8 ,040 ,261 .00

272.636.00 $137.549.055.00

f I i *
yni
V i* 39

GENERAL ACTIVITIES

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1970

T H*

CURRENT FUNDS Regents Allotment Grants to Junior Colleges (DeKalb) Regents Office Graduate Education Regional Education (SREB) Teachers' Retirement-State Portion (University System) State Technical Services NSF Grant GJ-608, Experiment in the Dev. of a Regional Computer System TOTAL CURRENT FUNDS

CP.

Balance

Balance

July 1. 1969

Receipts

Disbursements June 30T 1970

CP

$111,084,302.00 $111,084,302.00 $

1,083,200.00

1,083,200.00

88,106.15

973,601.49

1,054,068.21

.68

71,029.15

71,029.83

75,600.00

75,600.00

f-ff* '* 7,639.43

(11,250.45)

8,130,977.42 409,539.32

8,130,977.42 398,359.42

CP (70.55)*fc

3,155.23

2,679.41

76,856.38 $121,831,404.61 $121,900,216.29 $

475.82 8,044.70

PLANT FUNDS

Regents Allotment

Authority Lease Rentals -

Georgia Education Authority (Univ.)

Architect Fee Reserve

Dormitory Rentals Reserve

HEFA Grants (GEA-U)

SUB-TOTAL

$

Reserve for Committment to Georgia

Education Authority (University) -

For Failure of Federal Funds:

Insurance & Hazard (Regular)

$

* Other Insurance:

Fire & Extended Coverage

Revolving

Revolving - Automotive

Revolving - Boiler & Machinery

Workmen's Comp. Fund No. 1

Workmen's Comp. Fund No. 2

TOTAL Reserve for Committment to

GEA (U) - For Failure of Federal Funds $

$ 800,000.00 $ 800,000.00 $

2.00 13,699,332.00 13,699,334.00

(486,800.31) 1,302,824.04 1,010,971.19

52,290.59

8,677,281.42

8,677,281.42

(434,507.72)$ 24,479,437.46 $ 24,187,586.61 $

2,638,207.92 $ 2.638,207.92 $

235,122.95 $
378,352.00 (681.91)
1,073.62 4,958.00 57,712.84 213,898.01
890,435.51 $

32,960.29 $
378,352.00 (681.91)
1,073.62 4,958.00 54,239.72 116,265.49
587,167.21 $

(194,947.46) 52,290.59
(142,656.87)
2,840,370.58
3,473.12 97,632.52 2.941,476.22

^Reserve for Floyd Jr. College Const. 3 TOTAL PLANT FUNDS
AGENCY FUNDS - Fund Balances ENDOWMENT FUNDS - Porter Trust Fund

$ 2.771,753.16 $ C2.771,753.16)$

$

$ 4,975,453.36 $ 22.598,119.81 $ 24,774,753.82 $ 2,798,819.35

$

258,148.59 $ 1,623,822.72 $ 1,832,585.32 $

49,385.99

A

$

63.940.60 $

122,188.61 $

900.00 $

185,229.21

STUDENT LOAN FUNDS - Wm. H. Black Loan Fund

$

24.286.13 $

917.97 $ _______________ $

25,204.10

TOTALS

$ 5.398.685.06 $146.176.453.72 $148.508.455.43 $ 3.066.683.35

Accounts and Balances as of July 1, 1969 were transferred from Agency Funds to Unexpended Plant Funds. Account and Balance as of July 1, 1969 is shown under report for Floyd Junior College. 3 Operations of Junior College Construction Accounts for Clayton Junior College, Dalton Junior College
and Macon Junior College are shown under reports for these units.

40

GENERAL ACTIVITIES

r t CASH ON HAND

CASH BALANCES June 30, 1970

zo
y-*
(>* !f3
f> U
P n

CASH IN BANKS - Demand Deposits Citizen's and Southern National Bank, Atlanta First National Bank, Atlanta Fulton National Bank, Atlanta National Bank of Georgia, Atlanta Trust Company of Georgia, Atlanta TOTAL CASH IN BANKS - Demand Deposits

CASH IN BANKS - Time Deposits Citizen's Bank of Alpharetta, Alpharetta - 5% due 12/19/70 Fulton National Bank, Atlanta - 7% due 7/27/70 Fulton National Bank, Atlanta - 77 due 8/3/70 Fulton National Bank, Atlanta - 6.757 due 8/25/70 Fulton National Bank, Atlanta - 7.757 due 9/22/70 Bank of Cumming, Cumming - 5.5% due 7/22/70 Bank of Cumming, Cumming - 5.507 due 11/1/70 First National Bank of Rome, Rome - 77. due 7/30/70 Roswell Bank, Roswell 57 due 12/19/70 TOTAL CASH IN BANKS - Time Deposits

TEMPORARY INVESTMENTS U. S. Treasury Bills - Due 7/16/70 U. S. Treasury Notes - Due 2/15/75 TOTAL TEMPORARY INVESTMENTS

TOTAL CASH BALANCES, June 30, 1970

$

10.00

$ 168,978.26 102,349.91 7,558.88 25,204.10 82.830.46

386,921.61

$ 25,000.00 366,937.00 150.000. 385.000. 375.000. 10 0 .00 0. 10 0 ,000.00 149,130.07
50.000.00

00 00 00 00
1,701,067.07

$ 398,684.67 580.000.00

978.684.67

S 3-066-683.35

STATEMENT OF AGENCY FUNDS For Year Ended June 30, 1970

12 52 F

22
35 >I**
99 l 'L
21 T 5
10 "y
35 Y
jrC
V*

Chancellors Discretionary Fund Insurance:
Blue Cross-Harmon W. Caldwell Blue Cross-J. H. Dewberry Blue Cross-Mallary J. Griffin Blue Cross-Glynton Smith Fire & Auto Claims-Clearing *Fire & Extended Coverage *Revolving *Revolving - Automotive *Revolving - Boiler & Machinery '`Workmen's Comp. Fund No. 1 *Workmen's Comp. Fund No. 2 Police Administration (Federal Grant) Portrait & Gift Fund Skidaway Institute of Oceanography-OSCA Trust Funds - Institutions
SUB-TOTAL Higher Education Facilities Comm. Soil & Water Conservation Committee

Balance July 1. 1969

Receipts

Disbursements

Balance June 30. 1970

$

705.11 $

2 ,000.00 $

1 ,20 0 .0 0 $

1,505.11

61.36 30.24
4.88 149,423.16

89.38 61.36 15.12
4.88 149,423.16

(89.38) 15.12

(681.91) 965.62

681.91 (965.62)

57,712.84 135,146.01
8,724.90 353.89
202,926.46 37,182.26 18.039.87

(57,712.84) (135,146.01)

8,724.90

225,000.00 1.036,891.58 $ 1,220,268.66
88,753.00 314,801.06

225,000.00 1,036,891.58 $ 1,421,410.38
78,371.87 332,803.07

353.89
1,784.74 47,563.39
37.86

4* f TOTAL Bflr

S 258.148-59 S 1.623.822.72 $ 1.832.585.32 $

41 .4 * Accounts and balances as of July 1, 1969 were transferred to Unexpended Plant Funds.

49.385.99

^}'T H4 W^

GENERAL ACTIVITIES
STATEMENT OF OPERATION OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1970

Fund Balance Tulv 1. 1969

Additions

Deductions

Transfers

Fund Balance June 30. 1970

Architect Fee Reserve Dormitory Rentals Reserve HEFA Grants (GEA-U)
Sub-Total

$ 634,375.99 $

$ 23,971.04 $

52,290.59 8.677.281.42 8.677.281.42

$ 686.666.58 $ 8.677.281.42 $ 8.701.252.46 $

$ 610,404.95 52,290.59
$ 662.695.54

Reserve for Committment to Georgia

Education Authority (University)

-For Failure of Federal Funds: Insurance & Hazard (Regular)

$ 3,042,228.94 $

83,519.87 $

$ (32,960.29)$ 3,092,788.52

^Other Insurance: Fire & Extended Coverage Revolving Revolving-Automotive Revolving-Boiler & Machinery Workmen's Comp. Fund No. 1 Workmen's Comp. Fund No. 2

378.352.00 (681.91)
1,073.62 4,958.00 57,712.84 213.898.01

411,704.00
4,958.00 3,371.60 167.133.61

33,352.00 681.91
(1,073.62)
(50,868.12) 50.868.12

5*
3,473.12 97.632.52

Total Reserve for Committment

to GEA (U)-For Failure of Federal Funds

$ 3.042.228.94 $ 738.832.43 $ 587.167.21 $

$ 3.193.894.16

O Reserve for Floyd Jr. College Const .$ 2,771,753.16 $(2,771,753.16)$

$

$

Authority Lease Rentals

13.699.332.00 13.699.332.00

3T0TAL PLANT FUNDS

$ 6.500.648.68 $20.343.692.69 $22.987.751.67 $

$ 3.856.589.70

1 Accounts and balances as of July 1, 1969 were transferred from Agency Funds to Unexpended Plant Funds. 2 Account and balance as of July 1, 1969 is shown under report for Floyd Junior College. 3 Operations of Junior College Construction Accounts for Clayton Junior College, Dalton Junior College and
Macon Junior College are shown under reports for these units.

STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30, 1970

BALANCE, July 1, 1969

$ 6,500,648.68

ADDITIONS:

Governmental

Department of Health Education & Welfare

Georgia Institute of Technology

Chemistry Building

Grant No. 2-4-00173-0

$ 99,254.00

f

Grant No. 4-4-00173-0

96.419.00 $ 195,673.00

Civil Engineering Bldg. Grant No. 2-4-00172-0 Grant No. 4-4-00172-0

$ 40,140.00 62.147.00

102,287.00

Addition to Library

Grant No. 2-4-00190-0

$ 152,532.00

Grant No. 4-4-00148-0

104,047.00

256,579.00

Space Science & Technology

Center, Building No. 2 Grant No. 2-4-00191-0

$ 82,439.00

Payment to Georgia Institute of Technology

(51.500.00)

30.939.00 $ 585,478.00

Southern Technical Institute Library Grant No. 3-4-00180-0

22,351.00

42

GENERAL ACTIVITIES

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

ADDITIONS: Continued) Governmental (Continued) Dept, of Health Education & Welfare Georgia State University Classroom Building and Plaza Grant No. 4-4-00416-0 Classroom-Arts Building Grant No. 4-4-00147-0

(Cont)

$ 276,700.00 772.900.00 $ 1,049,600.00

Medical College of Georgia Dental Clinical Services Bldg. Grant No. 1-J02-PMDH-00342-01 Research & Education Building Grant No. 1-J02-PMDH-00139-01

$ 1,509,715.48 1.196.405.94

2,706,121142

University of Georgia Agricultural Engineering Building Grant No. 4-4-00162-0 Add. to Business Adm. Bldg. Grant No. 4-4-00467-0 Add. to Chemistry Building Grant No. 4-4-00430-0 Child Development Laboratory Grant No. 4-4-00158-0 College of Education Building Grant No. 2-4-00159-0 Grant No. 4-4-00159-0 Earth Science Building Grant No. 4-4-00156-0 General Classroom Building Grant No. 2-4-00161-0 Grant No. 4-4-00161-0(Ga. 4-1182) Grant No. 4-4-00161-0(Ga. 4-1275) Home Economics Bldg. Addition Grant No. 4-4-00160-0 Addition to Park Hall Grant No. 4-4-00432-0 School of Forestry Grant No. 2-4-00163-0 Add. to Women's Physical Ed. Bldg. Grant No. 4-4-00157-0

$ 44, 668.00

62, 450. 00

215,,623. 00

<001*

41, ,00

$ 372,,055.,00 454.,672.,00

826,,727.,00

413.,947..00

$

82.,351..00

1 2 .,087,.00

145.,042,.00

239.,480,.00

86.,657 .00

2 2 0 ,263 .00

15 :,173 .00

288 ,874 .00

Albany State College Addition to Library Grant No. 4-4-00417-0

107,933.00

Armstrong State College Portion of New Science Building Grant No. 4-4-00142-0

58.415.00

Columbus College Fine Arts Building Grant No. 3-4-00175-0

79.260.00

Georgia Southern College Addition to P.E. Building Grant No. 4-4-00145-0 Science Building Grant No. 4-4-00367-0

$ 77,892.00 134.934.00

212,826.00

GENERAL ACTIVITIES

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)

ADDITIONS: (Continued) Governmental (Continued) Dept, of Health Education & Welfare Georgia Southwestern College Library Grant No. 4-4-00462-0 Addition to Science Building Grant No. 4-4-00415-0

(Cont)

$ 138.541.00 214.058.00 $ 352,599.00

SI P7
DI
>< Lfc-

Savannah State College Science Building Grant No. 4-4-00464-0

p 40,160.00

Valdosta State College Classroom-Arts Building Grant No. 4-4-00141-0
West Georgia College Academic Center Grant No. 4-4-00167-0(Ga. 4-0007) Grant No. 4-4-00l67-0(Ga. 4-1662) Classroom Arts Building Grant No. 4-4-00166-0 Grant No. 4-4-00166-0(Appalachian) Education-Classroom Building Grant No. 4-4-00414-0
Abraham Baldwin Agric. College Classroom Building Grant No. 3-4-00183-0

$ 30,678.00

_

9.908.00 $ 40,586.00

$ 208.902.00 _ 125.628.00

334.530.00

399.470.00

85,559.00
744,586. 00 35,444, 00

Xg
B4
** II AT

Middle Georgia College Classroom Building Grant No. 3-4-00365-0

111,240.00

TOTAL GOVERNMENTAL
Other Sources Interest Earned (Ins. & Hazard-Regular) Insurance Premium Collections from Inst: Fire & Extended Coverage Revolving-Automotive Revolving-Boiler & Machinery Workmen's Compensation Total Ins. Premium Collections/Inst.
TOTAL OTHER SOURCES
State Appropriation Authority Lease Rentals
Transfers from Agency Funds Insurance: Revolving Revolving-Automotive Workmen's Compensation Fund No. 1 Workmen's Compensation Fund No. 2

$
378, 352 00 108 00
4 958 00 78 5 1 00

$ 8,677,281.42 r ! de

i

83,519.87

xt

> if*

'I A v

462,170.00

fa !
fa U i 545,689.87 j* u
r il
13,699,332.00 hJ i* Bl

(681. 91)
965. 62 57,712. 84 135.146, 01

cc X
E

TOTAL TRANSFERS FROM AGENCY FUNDS

193,142.56 *

Reserve for Floyd Junior College Construction Account as of 7/1/70-To be shown under Floyd Jr. College
TOTAL ADDITIONS

(2,771,753.16)

TC

$20.343.692.69

44

GENERAL ACTIVITIES

HN

STATEMENT OF UNEXPENDED PLANT FUNDS (Continued)
DEDUCTIONS: Buildings New Authority Lease Rentals Non-Capital Expenditures Insurance Premiums: Fire & Extended Coverage Boiler & Machinery Workmen's Compensation TOTAL INSURANCE PREMIUMS Write-Off Uncollectible Accounts Receivables(GEA-U)

$ 8,677,281.42 13,699,332.00
$ 411,704.00 4,958.00
170.505.21 $ 587,167.21 23.971.04

TOTAL NON-CAPITAL EXPENDITURES

611.138.25

TOTAL DEDUCTIONS

$22.987.751.67

> > BALANCE, June 30, 1970 kM

**



INVESTMENT IN PLANT, July 1, 1969

SUMMARY OF INVESTMENT IN PLANT As of June 30, 1970

$ 3.856.589.70 $ 324.708.66

ADDITIONS: Expended from Current Expenditures Regents Office - Equipment State Technical Services-Equipment Total Expended from Current Expenditures

$ 30,660.57 ______ 3.089.52

33,750.09

Construction in Progress-Floyd Junior College, 6/30/69-Shown on Report fro That Unit

(37.145.25)

TOTAL ADDITIONS 42
r l ** DEDUCTIONS: I INVESTMENT IN PLANT, June 30, 1970

(3.395.16) None $ 321.313.50

L

STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30, 1970

87 I

LJ

LAND

fl 2875 Habersham Road, N.W.

J 00

E- i.

f.V ]

BUILDINGS

r

Chancellors Residence-2875 Habersham Rd.,N.W.

r

! jhj CONSTRUCTION IN PROGRESS

I

Floyd Junior College

'4'
EQUIPMENT

%:

Regents Office

Chancellor's Residence 56
State Technical Service

TOTAL EQUIPMENT

I^

16)

TOTAL INVESTMENT IN PLANT

69

Investment Julv 1. 1969

Additions

$ 2 0 ,000.00 $

Deductions $

$

83,794.12 $

___ L _

$ 37.145.25 $ (37,145.25)$

$ 165,987.33 $ 17,593.88 188.08
? 183.769.29 $
$ 324.708.66 $

30,660.57 $
3.089.52 33.750.09 $
(3.395.16)$

Investment June 30. 1970 $ 2 0 ,000.00
$ 83.794.12
$
$ 196,647.90 17,593.88 3.277.60
$ 217.519.38 321.313.50

4 45

Georgia Institute of Technology FINANCIAL REPORT
For the Year Ended June 30, 1970

GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, Georgia

Arthur G. Hansen
President

Ewell I. Barnes
Controller

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1970

ASSETS

I. CURRENT FUNDS A. RESIDENT INSTRUCTION Cash on Hand Cash in Banks - Demand Deposits Due from Regents - State Appropriation Accounts Receivable Student Fees Contract Overhead Textile Engineering Testing Sponsored Research U. S . Government Other Sponsored Instruction U . S . Government Other Trust for Fuller E. Callaway Professorial Chairs Inventories Physical Plant Office Supplies
TOTAL RESIDENT INSTRUCTION FUNDS
B. SOUTHERN TECHNICAL INSTITUTE Cash on Hand Cash in Banks - Demand Deposits Due from Regents - State Appropriation Accounts Receivable Student Fees Southern Railway Co.
TOTAL SOUTHERN TECHNICAL INSTITUTE FUNDS
C. ENGINEERING EXPERIMENT STATION Cash on Hand Cash in Banks - Demand Deposits Due from Regents - State Appropriation Accounts Receivable Georgia Tech Research Institute Other
TOTAL ENGINEERING EXPERIMENT STATION FUNDS
Do ENGINEERING EXTENSION DIVISION Cash in Banks - Demand Deposits Due from Regents - State Appropriation Accounts Receivable Vocational Rehabilitation Registration Fees for Continuing Education
TOTAL ENGINEERING EXTENSION DIVISION FUNDS

$ 24,085.00 776,049.15

608,200.00

$ 6,437.25 58,877.56 626.00

143,681.31 18,043.03

30,356.60 2,575.12

755.43

261,352.30

$194,436.56 13,538.89

207,975.45

$ 1,877,661.90

$

6,500.00

113,263.40

9.400.00

$ 965.00 8.600.00 ______ 9,565.00

138,728.40

$

3,000.00

(63,428.43)

23,900.00

$266,999.00 243,986.75

510,985.75

$
$ 26,725.18 3.900.00

49,769.49 1.900.00
30,625.18

474,457.32

82,294.67

48

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1970

LIABILITIES

y t*

I. CURRENT FUNDS A. RESIDENT INSTRUCTION Accounts Payable Due to Regents1 Office Deferred Revenue - Tuition and Fees Fund Balance Allocated Reserve for Matching Funds Reserve for Inventories Unallocated

$ 85,684.49 250,000.00

$ 1,132,515.98 401,398.91 168.00
335,684.49 7,894.52

:'4\ ftp! >1
V4
M'A
yI^
> [<

total resident instruction
FUNDS
B. SOUTHERN TECHNICAL INSTITUTE Accounts Payable Due to Regents' Office Unallocated Fund Balance

TOTAL SOUTHERN TECHNICAL INSTITUTE FUNDS C. ENGINEERING EXPERIMENT STATION Accounts Payable Due to Regents' Office Allocated Fund Balance - Reserve for Matching Funds
TOTAL ENGINEERING EXPERIMENT STATION FUNDS
D. ENGINEERING EXTENSION DIVISION Accounts Payable Due to Regents' Office Deferred Revenue - Tuition and Fees Unallocated Fund Balance
TOTAL ENGINEERING EXTENSION DIVISION FUNDS

$ 1,877,661.90
$ 84,705.12 40,249.53 13,773.75

$ 334,716.03 95,351.40
44,389.89

138,728.40

$ 14,667.90 (5,308.58) 61,580.50 11,354.85

474,457.32

82,294.67 49

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET (Continued) ASSETS (Continued)

if B
i.

I. CURRENT FUNDS (Continued)

E. AUXILIARY ENTERPRISES

jr

Cash on Hand Cash in Banks - Demand Deposit

$ 52,450.00 591,165.35

Accounts Receivable

45,731.54

Inventories

College Inn

$300,455.53

Dining Halls

14,212.35

Print Shop

7,781.27

322,449.15

TOTAL AUXILIARY ENTERPRISES FUNDS
F. RESTRICTED FUNDS Cash in Banks - Demand Deposits
TOTAL RESTRICTED FUNDS
TOTAL CURRENT FUNDS
II. AGENCY FUNDS Cash in Banks Demand Deposits Time Deposits
TOTAL AGENCY FUNDS
III. ENDOWMENT FUNDS Cash in Banks - Demand Deposits Investments Savings Account Common Stocks Preferred Stocks U. S. Treasury Notes and Bonds Georgia Tech Dormitory and Apartment Revenue Certificates Georgia Education Authority (University) Bonds Corporate Bonds Loans Receivable - Bookstore Facility W. G. S. T. Radio Station Real Estate
TOTAL ENDOWMENT FUNDS
IV. STUDENT LOAN FUNDS Cash in Banks - Demand Deposits Investments Notes Receivable - Students Common Stock Georgia Tech Dormitory and Apartment Revenue Certificates
TOTAL STUDENT LOAN FUNDS

i*FV

$ 1,011,796.04

$ 304,569.94

it

N

t

304,569.94 itfM*
$ 3,889,508.27

$ 526,587.93 1,075,000.00

$ 716,211.27

1 0 ,000.00
431,480.67 10,491.25 79,732.82

18,000.00

717,000.00 169,569.90

446,959.30 4,915.58
74,015.78

1,962,165.30

$ 174,456.96

$ 2,054,337.26 1,899.38

40,000.00

2,096,236.64

M'* *\\ 1,601,587.93 > < *
19 1 r, f
2,678,376.57 >
2,270,693.60 i f

50

GEORGIA INSTITUTE OF TECHNOLOGY

f t j t BALANCE SHEET (Continued)
JL
LIABILITIES (Continued)

P

afh vtjj, *1 <j*

I. CURRENT FUNDS (Continued) E. AUXILIARY ENTERPRISES Accounts Payable Deferred Revenue Fund Balance Allocated Reserve for Infirmaries Reserve for Inventories Reserve for Renewals and Replacements Unallocated

/B*1 Jf

TOTAL AUXILIARY ENTERPRISES FUNDS

N

t

F. RESTRICTED FUNDS Fund Balance

TOTAL RESTRICTED FUNDS

TOTAL CURRENT FUNDS

II. AGENCY FUNDS

.*1 ,

Fund Balance

$ 38,193.88 390.00

$ 248,672.33 3 7 5 ,0 0 0 .0 0
655,056.28

1,278,728.61 (305,516.45)

$ 1,011,796.04

$ 304,569.94

304,569.94

$ 1,601,587.93

3,889,508.27

TOTAL AGENCY FUNDS

.f

III. ENDOWMENT FUNDS

Fund Balance

.'V *

$ 2,678,376.57

1,601,587.93

TOTAL ENDOWMENT FUNDS

STUDENT LOAN FUNDS Fund Balance

r
JI K I

TOTAL STUDENT LOAN FUNDS

it

51

lfm

$ 2,270,693.60

2,678,376.57

2,270,693.60

GEORGIA INSTITUTE OF TECHNOLOGY

BALANCE SHEET (Continued)
ASSETS (Continued)
V. PLANT FUNDS A. UNEXPENDED Cash in Banks Demand Deposits Time Deposits Temporary Sinking Fund Investments
Accounts Receivable
TOTAL UNEXPENDED FUNDS
B. EXPENDED Land Buildings Improvements Other Than Buildings Library Collections Equipment

$ 2,438,473.90 925,000.00
270,563.24 $ 3,634,037.14
7,862.13
$ 3,641,899.27
$ 7,599,054.54 68,442,137.27 5,819,346.99 3,499,040.63 25,828,342.42

V
T '
ws
|)%4| BKf
i.1a 4
kif. mVg
I*.
* cm t' 4

TOTAL EXPENDED FUNDS TOTAL PLANT FUNDS TOTAL ASSETS

111,187,921.85

m'

$114,829,821.12

$125,269,987.49

,,

I

v'lf

m

* m

Hm

52

Wl

MJ'

GEORGIA INSTITUTE OF TECHNOLOGY

f t p BALANCE SHEET (Continued)

4.
,.v HnP

r
!>' :4

LIABILITIES (Continued)
V. PLANT FUNDS A. UNEXPENDED Accounts Payable Due to Regents' Office Fund Balance Allocated Reserve.for Projects in Progress Reserve for Matching Funds Reserve for Bond Sinking Fund Unallocated

TOTAL UNEXPENDED FUNDS

$ 75,486.37 1,782,370.09 278,593.91

$ 1,505,448.90 55,610.62

2,136,450.37 (55,610.62)
$

3,641,899.27

;4
**' 4
> *4 > Sijji^L
p '4'

B. EXPENDED Bonds Payable Equity of Trust Funds in Book store Facility Equity of Georgia Education Authority(University) Net Investment in Plant
TOTAL EXPENDED FUNDS

HHi

TOTAL PLANT FUNDS

^ .jJi TOTAL LIABILITIES
: fflf
Hr#
V %

$ 243,000.00

446,959.30

33,255,191.00 77,242,771.55

$111,187,921.85

$114,829,821.12

$125,269,987.49

y 11

53

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CHANGES IN UNALLOCATED FUND BALANCES For Year Ended June 30, 1970

EDUCATIONAL AND GENERAL A. RESIDENT INSTRUCTION
Unallocated Fund Balance, July 1, 1969

$

0.

W f S' k

OW

Deductions: Excess Expenditures over Revenue Total Expenditures Total Revenue Total Excess Expenditures over Revenue
Unallocated Fund Balance, July 1, 1969, Less Deductions

$20,976,432.25 20,966,057.92

10,374.33

<:? (10,374.33)

Other Additions and (Deductions) Decrease in Accrual of Accounts Receivable at Beginning of Year Decrease in Accrual of Accounts Payable at Beginning of Year Decrease in Reserve for Matching Funds

$ (2,908.09)
10,802.61 10,374.33

18,268.85

RESIDENT INSTRUCTION UNALLOCATED FUND BALANCE, JUNE 30, 1970

$

M
It
H
H-.-' ^ 7,894.52 ,JLJ

B. SOUTHERN TECHNICAL INSTITUTE Unallocated Fund Balance, July 1, 1969

C! >

Additions: Excess Revenue over Expenditures Total Revenue Total Expenditures Total Excess Revenue over Expenditures
Unallocated Fund Balance, July 1, 1969, Plus Additions

$ 1,464,478.50 1,451,852.82

12,625.68

$ 12,625.68

4|i |D T J
>m

Other Additions and (Deductions) Decrease in Accrual of Accounts Payable at Beginning of Year

1,148.07

Jo

SOUTHERN TECHNICAL INSTITUTE UNALLOCATED FUND BALANCE, JUNE 30, 1970

V* il $ 13,773.75 i|f

C. ENGINEERING EXPERIMENT STATION Unallocated Fund Balance, July 1, 1969

$

0.

Deductions: Excess Expenditures over Revenue Total Expenditures Total Revenue Total Excess Expenditures over Revenue
Unallocated Fund Balance, July 1, 1970, Less Deductions
Other Additions and (Deductions) Decrease in Accrual of Accounts Receivable at Beginning of Year Decrease in Accrual of Accounts Payable at Beginning of Year Decrease in Reserve for Matching Funds

$ 7,374,767.15 7,290,485.67

84,281.48

$ (84,281.48)

$

(101.87)

4,620.53 79,762.82

84,281.48

Hi
jit A .11 tjn
h4
m '|j

ENGINEERING EXPERIMENT STATION UNALLOCATED FUND BALANCE, JUNE 30, 1970

$________ 0^

ni

tf.i

54

GEORGIA INSTITUTE OF TECHNOLOGY

t h # STATEMENT OF CHANGES IN UNALLOCATED FUND BALANCES (Continued)
k & ; p EDUCATIONAL AND GENERAL (Continued) D. ENGINEERING EXTENSION DIVISION Unallocated Fund Balance, July 1, 1969

Joi M(
4V
4*
lj
J? vljL gp
A
4 mi
*

Additions: Excess Revenue over Expenditures Total Revenue Total Expenditures Total Excess Revenue over Expenditures
Unallocated Fund Balance, July 1, 1969, Plus Additions
Other Additions and (Deductions) Increase in Accrual of Accounts Receivable at Beginning of Year Decrease in Accrual of Accounts Payable at Beginning of Year Reclassification of Unallocated Fund Balance at July 1, 1969, to Regents' Account
ENGINEERING EXTENSION DIVISION UNALLOCATED FUND BALANCE, JUNE 30, 1970

H

AUXILIARY ENTERPRISES

I Unallocated Fund Balance, July 1, 1969

H- |

I Deductions: y(m Excess Expenditures over Revenue

Total Expenditures

v'

Total Revenue

f -w

Total Excess Expenditures over Revenue

f ' . i ^ Unallocated Fund Balance, July 1, 1969, Less Deductions

if Other Additions and (Deductions)

Decrease in Accrual of Accounts Payable at

Beginning of Year

75 !|

Transfer of Assets from Sinking Fund (Original Cost

f $59,543.92 Less $6,475.15 for Reduction to

;J

Market Value)



Provision for Increase in Infirmary Reserve

**" *

Transfer from Plant Funds

Amount of Infirmary Reserve Applied to Current

Operations and Included in Total Expenditures

wm m

AUXILIARY ENTERPRISES UNALLOCATED FUND BALANCE, JUNE 30,

t
h4

$ (5,308.58)

$ 654,508.63 646,440.49

8,068.14

$ 2,759.56

$

3,248.46

38.25

5,308.58

8,595.29

$ 11.354.85

$(192,510.16)

$ 4,092,622.01 3,923,584.07

169,037.94

$(361,548.10)

$

3,897.69

53,068.77 (2,704.08)
869.27
900.00

56,031.65 $ (305,516.45)

i ft* -f!
= Vw
ii
im
55

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT REVENUE For Year Ended June 30. 1970

A. RESIDENT INSTRUCTION INTERNAL REVENUE GENERAL OPERATIONS STUDENT FEES Matriculation Non-Resident Tuition Diploma Fees Late Fees Other Student Fees
TOTAL STUDENT FEES
GOVERNMENTAL GIFTS AND GRANTS Federal Department of the Army Atomic Energy Commission Department of Health, Education, and Welfare National Aeronautics and Space Administration National Defense Education Act National Science Foundation
Total Federal
State Medical College of Georgia

General Revenue

Restricted Revenue

Total

I If* * EfiMl
Ll* A

$ 3,320,971.57 $ 2,455,641.32 13,923.50 6,610.00 2,025.30

: ::

-

<**'* ** fc $ 3,320,971.57
2,455,641.32 * pi 13,923.50
6,610.00 K
2,025.30

$ 5,799,171.69 $
$ 12,950.00 $ 20,846.00

$ 5,799,171.69

i

h

$

12,950.00

20,846.00 V* ' *

57,551.66 24,487.35 88,562.00 54,591.68
$ 258,988.69 $

$

2,025.00 $

57,551.66 24,487.35 88,562.00-*''*" 54,591.68 .

$ 258,988.69 f *

$

2,025.00 V -kI

City Atlanta Urban Corps
TOTAL GOVERNMENTAL GIFTS AND GRANTS
ENDOWMENT Julius L. Brown Josephine L. Cloudman Forrester-McRae-Rankin Elizabeth W. Hamilton Jennie L. Hamilton Edmund Magers Broadus E. Willingham
TOTAL ENDOWMENT
NON-GOVERNMENTAL GIFTS AND GRANTS Aetna Life and Casualty Insurance Company Air Products and Chemicals, Inc. Air Reduction Company, Inc. Alcoa Foundation Allegheny Ludlum Steel Corporation American Airlines Foundation American Chemical Society American Iron and Steel Institute American Mutual Liability Insurance Company American-Standard, Inc. Armco Foundation Alma P. Armstrong Atlanta University Center Corporation Atlantic Richfield Foundation Babcock & Wilcox Company Bechtel Foundation Bristol Laboratories BP Oil Corporation

1

1 ,000.00 $

$ 262,013.69 $

$

8,099.00 $

6,556.15

48.19

167.73

150.00

6.34

38.64

$

15,066.05 $

$

806.25 $

10 .0 0

25.00

8,342.00

30.00

60.00 1 ,200.00

4,000.00

10 0 .0 0

50.00

105.00

12 .0 0

6 ,000.00 1 ,000.00

2,900.00

1 ,000.00 20.00

20.00

$

1 ,000.00 f p

$ 262,013.69

------

f ' Ky )

$

8,099.00

6,556.15

48.19

167.73 L - - 150.00

6 .34 ;*>d A 38.64

$

15,066.05 h

------ J fj*

$

806.25

10 .0 0

25.00 f

8,342.00

30.00 y O' w 60.00 * ?

1 ,200.0 0 \

4,000.00

100.00

50.00

i,

105.00 f*

12 .0 0

6 ,000.00

1 ,000.00

fff

2,900.00 f

1 ,000.00

%

20.00 u m

20.00 y I f

v1 56

GEORGIA INSTITUTE OF TECHNOLOGY

T T * STATEMENT OF CURRENT REVENUE (Continued)

+ I

L
<<* 57 32 50 00 Jm 30
69

^
00

O

[lOo'o1
Tr'

66 * TV 35 !|! 00
4 69
!k
00 v

&

00 --

,

*

69 il t'

00 15 k 19 73._ 00
34 >64
L,
,JL 05 TM

0205 1
00 M 00 00 U 00 i DO [tj 00
oo * A r |
oo EI ^
oo
oo oo s ! -
oo
}*% oo
00 X J 00 ^ s i
oo > 4

RESIDENT INSTRUCTION (Continued) INTERNAL REVENUE (Continued) GENERAL OPERATIONS (Continued) NON-GOVERNMENTAL GIFTS AND GRANTS (Continued)
Roger D. Brown Brunswick Foundation, Inc. Budd Company Foundation, Inc. Burlington Industries Foundation Callaway Trust Carrier Foundation, Inc. Celanese Corporation Chicago Bridge & Iron Company Chrysler Corporation Foundation Coats & Clark, Inc. Combustion Engineering, Inc. Container Corporation of America Foundation Continental Can Company, Inc. Continental Oil Company Creole Foundation Crown Zellerbach Foundation Dow Corning Corporation Dresser Foundation Eastman Kodak Company E. I. du Pont de Nemours & Company Eighty Maiden Lane Foundation Esso Education Foundation Ethyl Corporation Firestone Tire & Rubber Company Georgia Tech Foundation, Inc. F. M. Gilbert B. F. Goodrich Fund, Inc. Goodyear Tire & Rubber Company Fund Grumman Aerospace Corporation Gulf Oil Foundation John Hancock Mutual Life Insurance Company Harris-Intertype Foundation Hercules, Inc. Honeywell Fund Hughes Aircraft Company Humble Oil Education Foundation IBM World Trade Corporation Ingersoll-Rand Company ITT Rayonier Foundation Johnson & Johnson Kendall Company Foundation Kerr Glass Manufacturing Corporation Kidder Peabody Foundation Kiplinger Foundation, Inc. Frederick E. Lamson Pamela J. Locke Lockheed Leadership Fund Samuel McAdams McGraw Foundation Martin-Marietta Corporation Miehle-Goss-Dexter Foundation Ernest W. Miller G. Everett Millican Mohasco Memorial Fund, Inc. James Starr Moore Memorial Charles G. Morgan

V ll
57

General Revenue

Restricted Revenue

Total

$

10.00 $

20.00

250.00

3.440.00

.16

90.00 2 ,000.00 2 ,000.00

140.00

20.00

1.535.00

500.00

80.00

55.00

500.00 1 ,0 0 0 .0 0

15.00 10.00

5.250.00

3.741.00 20.00

1.186.00
1 ,200.00

30.00

9,454.20

4.00

269.00

375.00 1 ,0 0 0 .0 0

982.00

39.00

70.00

618.00

840.00

380.00

639.00 110.00

50.00

250.00

1.075.00

150.00

25.00
100.00

500.00
10.00 2.00

2.500.00

50.00

4.500.00

540.00

100.00 8.00

4.50

20.00

25.00

1,173.24

$

10.00

20.00

250.00

3.440.00

.16

90.00

2 ,0 0 0. 0 0

2 ,000.00

140.00

20.00

1.535.00

500.00

80.00

55.00

500.00

1 ,0 0 0 .0 0

15.00 10.00

5.250.00

3.741.00 20.00

,1.186.00
1 200.00

30.00

9,454.20

4.00

269.00

375.00
1 ,000.00

982.00

39.00

70.00

618.00

840.00

380.00

639.00

110.00

50.00

250.00

1.075.00

150.00

25.00

100.00

500.00

10.00 2.00

2.500.00

50.00

4.500.00

540.00

100.00

8.00

4.50

20.00

25.00

1,173.24

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT REVENUE (Continued)

A* ST;

; rX A. RESIDENT INSTRUCTION (Continued)
INTERNAL REVENUE (Continued) GENERAL OPERATIONS (Continued) NON-GOVERNMENTAL GIFTS AND GRANTS (Continued)
N. C. R. Foundation National Distillers and Chemical Foundation, Inc. National Lead Foundation, Inc. National Merit Scholarship Corporation National Steel Charitable Trust New England Mutual Life Insurance Company Olin Corporation Charitable Trust Peat, Marwick, Mitchell Foundation Pennzoil United, Inc. Warren D. Perrine Prudential Insurance Company William B. Reese R. J. Reynolds Foods, Inc. R. J. Reynolds Tobacco Company Rust Engineering Company S & H Foundation, Inc. SKF Industries, Inc. Scott Paper Company Foundation Service Bureau Corporation Stone & Webster, Inc. Sun Oil Company - DX Division Tenneco Foundation Tennessee Eastman Company Texaco, Inc. The 1907 Foundation, Inc. Robert K. Thrower, Inc. Trans World Airlines, Inc. Union Camp Corporation Union Oil Company of California Foundation Uniroyal Foundation United Aircraft Corporation Vasser-Woolley Foundation Vulcan Materials Company Warner-Lambert Pharmaceutical Company Western Electric Fund
TOTAL NON-GOVERNMENTAL GIFTS AND GRANTS
SALES AND SERVICES Research Contract Overhead Federal Other Instruction Contract Overhead Federal Other
Total Contract Overhead
Transcript Fees
TOTAL SALES AND SERVICES

General Revenue

Restricted Revenue

$

40.00 $

$

25.00 20.00

666.00

15.00

15.00

455.00

250.00

35.00

100.00

255.00

13.50

20.00

40.00

25.00

500.00

35.00

500.00

25.00

90.00

20.00

10 0 .0 0 2 ,000.00

250.00

30.00

250.00

170.00

1,250.00

85.00

305.00

250.00

4,060.51

30.00

20.00

1 ,200.00

$ 87,780.36 J _____

$

Total

* m

1
A i
At- * & 40.00 '
25.00 ** 20.00 666.00 h ^ * 15.00
15.00 N
455.00 250.00^"
35.00 v I4 100.00 255.00 , ? ^
13.50 P * 2 0 .0 0 v *4 40.00
25.00*.*,
500.00 35.00 V
500.00 25.00
90.00 20.00 t 10 0 .0 0 2 ,000.00 ft**- * * 250.00
y 30.00 f 250.00 170.00 W *> 1,250.00
85.00 305.00
250.00 ^
4,060.511 30.00 20 .0 0 -K 0 *'
1 ,200.00

87,780.36 h

$ 538,697.76 $ 55,034.83

17,937.47 1,854.28
$ 613,524.34 $

$

10,421.75 $

$ 623,946.09 $ ....

$ 538,697.76 * 55,034.83

17,937.47 w 4 1,854.28

$ 613,524.34 V

jMi

i

10,421.75

$ 623,946.09 v ( ^

L,
14
W. X
58

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT REVENUE (Continued)

RESIDENT INSTRUCTION (Continued) INTERNAL REVENUE (Continued) GENERAL OPERATIONS (Continued) OTHER SOURCES
Rent - Alexander Memorial Coliseum I. B. M. Rental - Alumni Association Sale of Scrap and Obsolete Equipment Textile Engineering Testing Services Temporary Investments General and Miscellaneous
TOTAL OTHER SOURCES
TOTAL GENERAL OPERATIONS
DEPARTMENTAL SERVICES Student Activity Fees - Student Center Student Activity Fees - Y. M. C. A.
TOTAL DEPARTMENTAL SERVICES
SPONSORED OPERATIONS SPONSORED INSTRUCTION
Federal Grants and Contracts Atomic Energy Commission Federal Water Pollution Control Administration National Institutes of Health National Science Foundation Department of Transportation
Total Federal Grants and Contracts
Private Grants and Contracts African-American Institute Educational Services, Inc. Mills B. Lane Lectureship in Finance and Banking Management Tulane University Vasser-Wooley Foundation
Total Private Grants and Contracts
TOTAL SPONSORED INSTRUCTION
SPONSORED RESEARCH Federal Grants and Contracts Department of the Air Force Department of the Army Atomic Energy Commission Federal Aviation Administration Federal Highway Administration Federal Water Pollution Control Administration Department of Health, Education, and Welfare National Aeronautics and Space Administration National Institutes of Health National Science Foundation Office of Naval Research Office of Water Resources Research Office of Economic Research Department of Transportation U. So D. A. Agricultural Research Services U. S. D. A. Soil Conservation Service
Total Federal Grants and Contracts 59

General Revenue

Restricted Revenue

Total

$ 10,156.09 $ 631.80
1,831.99 12,369.00
2,150.00 1,785.02

$

28,923.90 $

$ 6,816,901.78 $

$ 122,131.92 $ 31,851.25
h 153,983.17 $

$

7,700.00 $

26,185.16

202,078.51

34,383.67

24,433.15

$ 294,780.49 $

$

392.00 $

14,791.05

14,218.83 7,464.01 5,777.50
$ 42,643.39 $

$ 337,423.88 $

$ 140,740.04 $ 153,947o38 142,776.30 216.37 51,142.04 49,916.30 5,137.12 324,307.26 114,788.75 399,193.77 35,347.33 150,916.84 25,233.51 40,051.53 127.55 5,257.87
$ 1,639,099.96 $

$

10,156.09

631.80

1,831.99

12,369.00

2,150.00

1,785.02

$

28,923.90

$ 6,816,901.78

$ 122,131.92 31,851.25
$ 153,983.17

$

7,700.00

26,185.16

202,078.51

34,383.67

24,433.15

$ 294,780.49

$

392.00

14,791.05

14,218.83 7,464.01 5,777.50
42,643.39

337,423.88

$ 140,740.04 153,947.38 142,776.30 216.37 51,142.04 49,916.30 5,137.12 324,307.26 114,788.75 399,193.77 35,347.33 150,916.84 25,233.51 40,051.53 127.55 5,257.87
$ 1,639,099.96

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT REVENUE (Continued)
A. RESIDENT INSTRUCTION (Continued) INTERNAL REVENUE (Continued) SPONSORED OPERATIONS (Continued) SPONSORED RESEARCH (Continued) S,tate Grants and Contracts Agricultural Commodity Commission for Cotton Department of Mines, Mining, and Geology Office of State Technical Services Regents of The University System of Georgia State Department of Education State Highway Department Total State Grants and Contracts
City Grants and Contracts Atlanta Public Schools
Private Grants and Contracts American Chemical Society American Cyanamid Company American Iron and Steel Institute American Society of Heating, Refrigeration, and Air Conditioning Engineers American Society of Mechanical Engineers Cotton Producers Institute Dow-Corning Fiberglas Corporation Ferst Foundation Gulf Research & Development Company Institute of Industrial Launderers Jute Carpet Backing Council, Inc. Lockheed-Georgia Company Purdue University Research Corporation The Richardson Foundation, Inc. The Scholler Foundation Scientific-Atlanta, Inc. Alfred P. Sloan Foundation Southern Executives Association Sun Oil Company The Textile Education Foundation, Inc. The Trane Company Foundation, Inc. Western Electric Company Whirlpool Corporation Total Private Grants and Contracts
TOTAL SPONSORED RESEARCH
FOUNDATION SUPPLEMENTS Georgia Tech Foundation Trust for Fuller E. Callaway Professorial Chairs
TOTAL FOUNDATION SUPPLEMENTS
TOTAL SPONSORED OPERATIONS
TOTAL INTERNAL REVENUE
STATE APPROPRIATION
TOTAL RESIDENT INSTRUCTION REVENUE
60

General Revenue

Restricted Revenue

Total

v4 u*
1B

$

13,923.69 $

539.77

19,346.00

8,958.43

9,316.63

4,049.83

$ 56,134.35 $

$

2,200.90 $

$

19,626.02 $

3,000.00

9,594.30

3,484.44 5,213.61 16,186.58
16.40 1,899.36 1,023.13
210.03 13,106.08 16,885.74 18,087.11 20,707.60
278.87 72.88
1,991.29 642.43
38,811.44 1,792.50 474.50 876.21 (4.45) 5,531.32
$ 179,507.39 $
$ 1,876,942.60 $

$ 334,829.06 $ 21,977.43
$ 356,806.49 _$ . $ 2,571,172.97 $ $ 9,542,057.92 $ $11,424,000.00 $ $20,966,057.92 $

$

13,923.69 > p

539.77

19,346.00 fe-

8,958.43

9,316.63 *

4,049.83

$ 56,134.35

r4

$

2,200.90 u

.-%

$

19,626.02

3,000.00s,

9,594.30 V m^

3,484.44 5,213.61 ^ * A

16,186.58 16.40 r

1,899.36

1,023.13^"

210.03 i * 13,106.08

16,885.74 _ 18,087.11 T 20,707.60

278.87

72.88 ^

1,991.29

642.43*,-, L - 4

38,811.44

c

1,792.50 A

474.50 876.21 ,W - 4m

(4.45)

5,531.32 H

$ 179,507.39. -,

$ 1 ,876,942.60 *

J $ 334,829.06 / V
21,977.43 ----------$ 356,806.49. > -Hm

$ 2 ,571,172.97 M *

$ 9 542,057.92

iL

$11 424,000.00 L ,v1 ,

$20 966,057.92* H >4

H

GEORGIA INSTITUTE OF TECHNOLOGY

>J STATEMENT OF CURRENT REVENUE (Continued)
^ Hr
'f u *

B. SOUTHERN TECHNICAL INSTITUTE INTERNAL REVENUE GENERAL OPERATIONS

w % 69 * p-*

STUDENT FEES Matriculation Non-Resident Tuition

77 00 43 63 *
83 L
35 *'~ Y ^

Diploma Fees Late Fees Other Student Fees
TOTAL STUDENT FEES
GOVERNMENTAL GIFTS AND GRANTS Department of Health, Education, and Welfare

,
90 f a H
|.-% 02 00*><> 30
V l
44 61 Y - > .4 58 40 '>

NON-GOVERNMENTAL GIFTS AND GRANTS Cluett, Peabody and Company, Inc. Hoyt L. McClure Southern Railway Co. S. T. I. Alumni Association Robert K. Thrower, Inc.
TOTAL NON-GOVERNMENTAL GIFTS AND GRANTS
SALES AND SERVICES Transcript Fees

36

TOTAL GENERAL OPERATIONS

13**" 03 i 08

DEPARTMENTAL SERVICES Southern Railway Co.

74 ^ 11 ^

60

87 88 ^ r> 29

43*. U *

44

c.

50 A f * *

50 2 1 ,W - 4m

45)

32 h

TOTAL INTERNAL REVENUE
STATE APPROPRIATION
TOTAL SOUTHERN TECHNICAL INSTITUTE REVENUE
ENGINEERING EXPERIMENT STATION REVENUE FOR GENERAL RESEARCH OPERATIONS AND INDIRECT EXPENDITURES
Georgia Tech Research Institute Governmental Grants and Contracts Federal State

i 60 #i wri**

County and City Total Governmental Grants and Contracts

H*
06 j x 43 V 4 ^ -Hm 97 * *
92 f, 00 L k*M
92* -*j

Non-Governmental Grants and Contracts Total Georgia Tech Research Institute
Other Sponsored Research Governmental Grants and Contracts Federal State Total Governmental Grants and Contracts
Non-Governmental Grants and Contracts Total Other Sponsored Research

> !4

Y *1

61

General Revenue

Restricted Revenue

Total

$ 288,783.05 $ 43,932.60 1,447.90 983.00 5,545.50
340,692.05 $



6,818.00 $

$

2 ,000.00 $

20.00

42,915.25

2,900.00

250.00



48,085.25 $



870.44 $

.396,465.74 $



78,012.76 $

474,478.50 $

990,000.00 $

1,464,478.50 $

$

288,783.05

43,932.60

1,447.90

983.00

5,545.50

$ 340,692.05

$

6,818.00

$

2 ,000.00

20.00

42,915.25

2,900.00

250.00

$

48,085.25

$

870.44

$ 396,465.74

$

78,012.76

$ 474,478.50

? 990,000.00

$ 1,464,478.50

$ 706,103.67 $ 25,718.03 27,381.46
$ 759,203.16 $
134,778.93 893,982.09 $
$ 127,697.04 $ 32,466.28
$ 160,163.32 $ 1,516.95
$ 161,680.27 $

$ 706,103.67 25,718.03 27,381.46
$ 759,203.16
134,778.93
$ 893,982.09

$ 127,697.04 32,466.28

$

160,163.32

1,516.95 $ 161,680.27

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT REVENUE (Continued)
C. ENGINEERING EXPERIMENT STATION (Continued) REVENUE FOR GENERAL RESEARCH OPERATIONS AND INDIRECT EXPENDITURES (Continued) Other Income Computer Income Reactor Income Wind Tunnel Income Service Groups Services to Georgia Tech Endowment Income Miscellaneous Income Total Other Income
TOTAL REVENUE FOR GENERAL RESEARCH OPERATIONS AND INDIRECT EXPENDITURES
REVENUE FOR DIRECT EXPENDITURES OF SPONSORED RESEARCH OPERATIONS
Georgia Tech Research Institute Governmental Grants and Contracts Federal State County and City Total Governmental Grants and Contracts
Non-Governmental Grants and Contracts Total Georgia Tech Research Institute
Other Sponsored Research Governmental Grants and Contracts Federal State Total Governmental Grants and Contracts
Non-Governmental Grants and Contracts Total Other Sponsored Research
Services to Georgia Tech TOTAL REVENUE FOR DIRECT EXPENDITURES OF SPONSORED RESEARCH OPERATIONS
TOTAL INTERNAL REVENUE
STATE APPROPRIATION
TOTAL ENGINEERING EXPERIMENT STATION REVENUE
D. ENGINEERING EXTENSION DIVISION INTERNAL REVENUE GENERAL OPERATIONS Registration Fees - Continuing Education Food, Housing, and Travel Fees - Continuing Education Vocational Funds Non-Governmental Gifts and Grants American Iron and Steel Institute TOTAL INTERNAL REVENUE
62

|> ST

_____ ____________ B________________ _________ f l f 'A

General

Restricted

^1 I *

Revenue

Revenue

Total

N

D

$ 277,104.26 $ 23,429.92 37,921.57
169,249.58 790.21
1,545.60 31,278.27 $ 541,319.41 $
$ 1,596,981.77 $
$ 1,991,847.86 $ 81,044.56 75,260.90
$ 2,148,153.32 $ 365,678.15
$ 2,513,831.47 $
$ 403,807.06 $ 190,932.95
$ 594,740.01 $ 29,413.48
$ 624,153.49 $ $ 32,518.94 $
$ 3,170,503.90 $ $ 4,767,485.67 $ $ 2,523,000.00 $ $ 7,290,485.67 $
$ 336,619.75 $ 24,392.00 96,396.88 2 ,10 0 .0 0
$ 459,508.63 $

$ 277,104.26

E

23,429.92 >

37,921.57

169,249.58 V % f|

790.21

1,545.60

31,278.27 *
$ 541,319.41

* h i+

$ 1,596,981.77 ->

A*"- *
$ 1,991,847.86 f k 81,044.56 75,260.90 H 4
$ 2,148,153.32 >
*
365,678.15*-- **
$ 2,513,831.47 V

p?

$ 403,807.06 190,932.95

$ 594,740.01 V r -
4 29,413.48"

$ 624,153.49 ^

-

$

32,518.94 V v Ir

$ 3,170,503.90

i**

$ 4,767,485.67

-r

$ 2,523,000.00 V' * PnE-
$ 7,290,485.67

..

'*

*4 $ 336,619.75
. 24,392.00 , 96,396.88 '
2 ,10 0 .0 0 $ 459,508.63^
lh
H *1 ai

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CURRENT REVENUE (Continued)
I

ENGINEERING EXTENSION DIVISION (Continued) STATE APPROPRIATION
TOTAL ENGINEERING EXTENSION DIVISION REVENUE

86 56 90 32
15*
47 y
06 95
X 01
48 49
94 V
90
67 r
00 ]Pr
67 \
' l:<
75 00 88
00 63?
i Et

AUXILIARY ENTERPRISES HOUSING DORMITORIES
Armstrong Brown Caldwell Cloudman Field Folk Fulmer Girls' Dormitory - Fifth Street Girls' Dormitory - Y. M. C. A. Glenn Hanson Harris Harrison Hefner Hopkins Howell Matheson McDaniel Perry Smith Towers Southern Technical Institute
Norton Howell
TOTAL DORMITORIES
APARTMENTS Burge Callaway Callaway No. 1 Married Students' Apartments
TOTAL APARTMENTS
TOTAL HOUSING
FOOD SERVICES Bradley Brittain Southern Technical Institute
TOTAL FOOD SERVICES
COLLEGE INN Main Campus Southern Technical Institute
TOTAL COLLEGE INN
INFIRMARIES Main Campus Southern Technical Institute
TOTAL INFIRMARIES

Ir *1

63

mr

General Revenue

Restricted Revenue

Total

$ 195,000.00 $
654,508.63 JL

$ 195,000.00 $ 654,508.63

$ 41,140.07 $ 31,064.14 54,307.25 32,271.83 53,028.24 54,887.87 24,397.04 3,970.78 5,700.30 86,123.95 50,907.79 33,972.92 38,558.02 42,743.93 54,616.84 37,060.16 60,666.36 87,542.94 52,610.82 84,376.37 63,919.21
54,351.72 64,013.88
$ 1,112,232.43 $

$ 41,140.07 31,064.14 54,307.25 32,271.83 53,028.24 54,887.87 24,397.04 3,970.78 5,700.30 86,123.95 50,907.79 33,972.92 38,558.02 42,743.93 54,616.84 37,060.16 60,666.36 87,542.94 52,610.82 84,376.37 63,919.21

_____

54,351.72 64,013.88
,112,232.43

$

63,729.95 $

160,866.65

6,219.42

22,399.90

$ 253,215.92 $

$ 1,365,448.35 $

$ 63,729.95 160,866.65 6,219.42 22,399.90
$ 253,215.92
$ 1,365,448.35

$ 324,625.88 $ 515,766.36 172,928.20
$ 1,013,320.44 $

$ 324,625.88 515,766.36 172,928.20
$ 1,013,320.44

$ 822,426.19 $

$ 822,426.19

____ 127,941.41____________________ 127,941.41

1 _ 950,367.60 $

$ 950,367.60

$ 358,804.22 $ 10,731.78
$ 369,536.00 _____

$ 358,804.22 10,731.78
$ 369,536.00