Annual financial report, University System of Georgia, for the year ended June 30, 1977

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A N N U A L F IN A N C IA L REPORT
University System of Georgia

For the Year Ended June 30,1977

(\PR 1 9 1978
oSKSSS

BOARD OF REGENTS OF THE UN/VERSITY SYSTEM OF GEORGIA
244 W ashington Street, S.W .
Atlanta, Georgia 30334

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A N N U A L F IN A N C IA L REPORT
University System of Georgia
For the Year Ended June 30,1977
BOARD OF REGENTS O F THE UNIVERSITY SYSTEM O F GEORGIA 244 Washington Street, S. W.
Atlanta, Georgia 30334

BOARD OF REGENTS UNIVERSITY SYSTEM OF GEORGIA

Rufus B . Coody ........ . . 1 8 . State-at-Large Term Expires January 1, 1983

Vienna

Jesse Hill, J r ......... . . . . State-at-Large Term Expires January 1, 1978

Atlanta

0. Torbitt Ivey, Jr.

.......

State-at-Large

Term Expires January 1, 1984

Augusta

Milton Jones .......... ............. State-at-Large Term Expires January 1, 1981

Columbus

Lamar R. Plunkett . . . . . . . . . . State-at-Large Term Expires January 1, 1981

Bowdon

Erwin A. Friedman . . . . . . . . . . First District Term Expires January 1, 1983

Savannah

Charles T. Oxford . . . . . . . . . . Second District Term Expires January 1, 1982

Albany

John H. Robinson, III

............

Third District

Term Expires January 1, 1979

Americus

Scott Candler, J r ......................... Fourth District Term Expires January 1, 1984

Decatur

Elridge W. M c M i l l a n ..................... Fifth District Term Expires January 1, 1982

Atlanta

David H. Tisinger ....................... Sixth District Term Expires January 1, 1978

Carrollton

James D. M a d d o x ......................... Seventh District Term Expires January 1, 1980

Rome

Charles A. H a r r i s ....................... Eighth District Term Expires January 1, 1978

Ocilla

P. R. S m i t h ............................. Ninth District Term Expires January 1, 1980

Winder

Carey W i l l i a m s ........................... Greensboro Tenth District Term Expires January 1, 1979

OFFICERS OF THE BOARD OF REGENTS

Charles T. Oxford .......... .

. . . Chairman

Milton Jones ............... ........ Vice Chairman

George L. Simpson, Jr. > . . .......... Chancellor

John W. H o o p e r ..................... Vice Chancellor Henry G. Neal ................. Executive Secretary Shealy E. McCoy ......................... Treasurer

I ii

TABLE OF CONTENTS

Members of The Board of Regents ........................... ....... .............................

Letters of Transmittal .................... ........ ................ *........................... Institutions of The University System of Georgia .'.......... '............ ......... ........

Condensed Comparative Financial Data .............................................. ....... ..... Consolidated Statements - University System of Georgia ........................................

Regents Central Office - University System of Georgia ......... ............. .................

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

Georgia State University, Atlanta .............................................. g|.............

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

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

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

Armstrong State College, Savannah ........................... .........................

Augusta College, Augusta .......................................................................

Columbus College, Columbus ................................................... ..............

Fort Valley State College, Fort Valley ............. .......... ............................... '

Georgia College, Milledgeville ......................... ........... ..........

Georgia Southern College, Statesboro ..............................................

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

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

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

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

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



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

Albany Junior College, Albany ................................

Atlanta Junior College, Atlanta ...... .............. `" V ...... .

Bainbridge Junior College, Bainbridge ............................

Brunswick Junior College, Brunswick ....... ...........................

Clayton Junior College, Morrow .......... %......... ....................

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

Emanuel County Junior College, Swainsboro ...................... ........................

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

Gordon Junior College, Barnesville .............................

Kennesaw Junior College, Marietta ...........................

Macon Junior College, Macon ............................

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

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

Waycross Junior College, Waycross ................................

*

Skidaway Institute of Oceanography, Savannah ................................................

ii iv & V
1 2 9 33 45 143 171 207 363 377 391 405 421 437 455 473 485 499 515 533 551 567 579 587 597 609 621 633 643 655 665 677 689 701 713 725 1 737

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O FFIC E OF TH E V IC E C H A N C E L LO R FOR F IS C A L A F F A IR S AND TREASURER

U N IV E R S ITY SYSTEM O F G EO R G IA 244 WASHINGTON STREET, S. W. ATLANTA. GEORGIA 30334

Chancellor George L. Simpson, Jr. Board of Regents University System of Georgia
Dear Chancellor Simpson:
In keeping with the by-laws of the Board of Regents, I submit to you the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30, 1977.
The officers of the various institutions represented in this report have assured us that every effort has been made to reflect accurately the information considered important to all concerned parties. In the event that this report is not sufficient in detail or if there is additional information desired, this office will be glad to supply such information.

SM: id

BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA
2 4 4 W A S H I N G T O N S T R E E T , S . W. ATLANTA, G EO RG IA 3 0 3 3 4

Mr. Shealy McCoy Treasurer Board of Regents University System of Georgia
Dear Mr. McCoy:
I am submitting herewith the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30, 1977.
This submission represents the thirtieth annual report that has been compiled to convey the financial operations of the University System. These reports are intended to form a comprehensive and permanent record of the financial operations of the System for the period covered and to inform all persons concerned or interested.
Respectfully submitted

GMF rid

Gordon M. Funk, Director Accounting Systems and Procedures November 1, 1977

University System of Georgia

Dalton

Dahlonega

A Universities-- Graduate
B Senior Colleges B Junior Colleges
A Four Year Technical Units Authorized and/or
Under Construction

Rome

Marietta

Gainesville
A Athens

Carrollton

A danta
Bi Morrow
Griffin

Barnesville

A ugusta Milledgeville Macon

,Columbus

Fort Valley

O Dublin
Cochran

I Swainsboro Statesboro B

Americus

Savannah

A Ibanv

T ifton

Douglas Brunswick
Waycross

Bainbridge

Thomasville


Valdosta

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 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
TECHNICAL INSTITUTES
Skidaway Institute of Oceanography *Southern Technical Institute
AUTHORIZED AND/OR UNDER CONSTRUCTION
Laurens County - Junior College Spalding County - Junior College Thomas County - Junior College

Atlanta Atlanta Augusta
Athens
Albany Savannah
Augusta Columbus Fort Valley Milledgeville Statesboro Americus Dahlonega Savannah Valdosta Carrollton
Tifton Albany Atlanta Bainbridge Brunswick Morrow Dalton Swainsboro
Rome Gainesville Barnesville
Marietta Macon
Cochran Douglas Waycross
Savannah Marietta
Dublin Griffin Thomasville

*Four-year Technical Institute administered by Georgia Institute of Technology.

CONDENSED COMPARATIVE FINANCIAL DATA

SCOPE OF REPORT

This annual report presents the assets and liabilities at June 30, 1977 of each Institution under the Board of Regents of the University System of Georgia, Incorporated, and the financial operations for the fiscal year then ended. The financial reports of the separate Institutions are combined to present the financial position and operations of the entire University System.

The accounts are maintained in accordance with the principles of fund accounting, modified as required by State Law and special needs peculiar to the University System. Resources for accounting and reporting purposes are classified into funds which are designated for specific activities or objectives. Each fund is comprised of a separate group of accounts. The principles of financial accounting presented in College and University Business A c b m m s t r a t i o n , Revised 1974, have generally been followed.
STATE APPROPRIATION - $285,809,279

The General Appropriations Act of 1976 as revised and amended provided $282,127,679.00 to the University System. Indirect DQAS funding provided $3,500,000.00, and Executive Orders provided an additional $181,600.00 from the Governor's Emergency Fund. The amounts received were as follows:

STATE APPROPRIATION AVAILABLE

General Appropriations Act of 1976 House Bill 1350 - Section 35
Indirect DOAS Funding - Communications General Appropriations Act of 1976 (Amendment)
House Bill 94 - Section 35 (Net Adjustment)

Governor's Emergency Fund Executive Order 19-Dated December 1, 1976 Executive Order 26-Dated January 10, 1977 Executive Order 62-Dated April 4, 1977 Executive Order 86-Dated May 25, 1977
Total Governor's Emergency Fund

$ 10,000 90,000 16,000
_____ 65,600

$281,850,182 3,500,000 277,497
181,600

TOTAL STATE APPROPRIATION AVAILABLE

$285,809,279

ALLOCATIONS BY THE BOARD OF REGENTS
General Operations Teaching Institutions Non-Teaching Institutions Other Activities Regents Central Office SREB Payments Grants to Jr. Colleges-DeKalb College Teachers Retirement Total Other Activities
Total General Operations
Capital Outlay Plant Renovations and Improvements Authority Lease Rentals
Total Capital Outlay
Scholarships Regents Scholarships Medical Scholarships
Total Scholarships
TOTAL ALLOCATIONS

$ 2,123,235 1,019,650 5,040,000
20,073,523

$202,671,992 34,467,879
28,256,408

$265,396,279

$ 80,000 19,788,000

19,868,000

$ 200,000 345,000

545,000 $285,809,279

2

REVENUE FOR CURRENT OPERATIONS AND PLANT PURPOSES

The University System received revenue during the year for current operations and plant purposes in the amount of $285,809,279. Sources of revenue compared with revenue from similar sources for the previous year are as follows:

Source

1975-76

1976-77

Increase or (Decrease)

State Appropriation Less: Deallotment

$265,630,157 1,650,664

$285,809,279

$ 20,179,122 (1,650,664)

Net State Appropriation

$263,979,493

$285,809,279

$ 21,829,786

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

$168,628,941 46,866,576 7,708,470 13,721,890
$500,905,370

$179,690,262 49,561,164 7,568,565 18,993,809
$541,623,079

$ 11,061,321 2,694,588 (139,905) 5,271,919
$ 40,717,709

EXPENDITURES FOR CURRENT OPERATIONS AND PLANT PURPOSES

Expenditures for current operations and plant additions and improvements during 1976-77 compare with expenditures for the previous year as follows :

Expenditures

1975-76

1976-77

Increase or (Decrease)

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

$409,236,732 42,970,663 30,299,424 14,251,890

$443,849,323 45,087,490 27,503,464 19,528,809

$ 34,612,591 2,116,827 (2,795,960)
5,276,919

Total Expenditures

$496,758,709

$535,969,086

$ 39,210,377

REVENUE FOR EDUCATIONAL AND GENERAL PURPOSES

Source
Student Fees Gifts and Grants - Federal
Research and Other Sponsored Programs
Gifts and Grants - Private and Other Research
Endowments Sales and Services and Other
Total Internal Revenue
State Appropriation

1975-76

Amount

1

$ 64,687,370

15.8

57,304,682
6,318,606 41,668
40,276,615
$168,628,941
241,087,566

14.0
1.6 .0
9.8
41.2
58.8

Total Educational and General Revenue

$409,716,507

100.0

1976-77

Amount

7

$ 67,314,449

15.1

60,946,619
6,734,704 195,965
44,498,525
$179,690,262
265,396,279

13.7
1.5 .1
10.0
40.4
59.6

$445,086,541

100.0

Increase or (Decrease)

Amount

7

$ 2,627,079

4.1

3,641,937
416,098 154,297 4,221,910
$ 11,061,321 24,308,713

6.4
6.6 370.3
10.5
6.6
10.1

$ 35,370,034

8.6

EDUCATIONAL AND GENERAL EXPENDITURES

Functions

1975-76

Amount

%

Instruction and Departmental Research
Organized Activities Related to Educational Departments
Research Separately Budgeted Extension and Public Service Library Student Services Operation and Maintenance of
Physical Plant General Administration General Institutional Expense

$169,593,805
27,582,776 46,427,098 33,562,753 15,422,771
6,505,253
38,889,719 20,674,692 50,577,866

41.4
6.7 11.3
8.2 3.8 1.6
9.5 5.1 12.4

Total Educational and General Expenditures

$409,236,733

100.0

1976-77

Amount

7

$174,354,813
26,174,524 58,014,172 34,930,524 16,474,437
6,797,228
45,972,007 22,766,204 58,365,414

39.3
5.9 13.1
7.9 3.7 1.5
10.4 5.1
13.1

$443,849,323

100.0

Increase or (Decrease)

Amount

1

$ 4,761,008
(1,408,252) 11,587,074
1,367,771 1,051,666
291,975
7,082,288 2,091,512 7,787,548

2.8
(5.1) 25 .0
4.1 6.8 4.5
18.2 10.1 15.4

$ 34,612,590

8.5

EDUCATIONAL AND GENERAL SURPLUS
The University System follows a modified accrual basis of accounting. On this basis, general operating revenue exceeded expenditures by $1,247,218. The Statement of Changes in Fund Balances shows $169,822 in Resident Instruction Funds and $1,077,396 in Other Organized Activities Funds. A $10,000 excess student aid revenue over student aid expenditures is attributed to Medical Scholarships which are included in the excess revenue of the Other Organized Activities Funds.
The excess revenue over expenditures increased the Fund Balance. Additional increases totaling $298,683 resulted from adjustments of prior year's accounts payable and receivable. Net increases from other sources amounted to $49,468. The Fund Balance was decreased by net provisions of $140,033 for surplus reserves. The application of these adjustments and reserve provisions to the excess revenue over expenditures left an ending Educational and General Surplus of $1,455,336.
The following condensed, consolidated Educational and General Fund Balance Sheets are presented for comparative purposes.

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

June 30, 1976
$ 9,992,854 14,453,727 3,652,714 1,610,597
$ 29,709,892

June 30, 1977
$ 9,449,066 19,552,302 3,765,115 932,234
$ 33,698,717

Increase or (Decrease)
$ (543,788) 5,098,575 112,401 (678,363)
$ 3,988,825

Liabilities and Surplus
Accounts Payable Deposits Deferred Revenue Reserve for Matching Funds Reserve for Inventories Other Reserves Unappropriated Surplus
Total Liabilities and Surplus

$ 15,968,703 646
8,696,879 346,590
4,058,992 5,481
632,601
$ 29,709,892

$ 19,447,623 823
8,345,218 268,689
4,158,733 22,295
1,455,336
$ 33,698,717

$ 3,478,920 177
(351,661) (77,901) 99,741 16,814 822,735
$ 3,988,825

AUXILIARY ENTERPRISES OPERATIONS

Consolidated Auxiliary Enterprises revenue and expenditures and Fund Balances for the fiscal years ended June 30, 1976 and 1977 are compared below.

Revenue

1975-76

1976-77

Increase or (Decrease)

Student Housing Faculty Housing Food Services Stores and Shops Student Health Services Bus Operations Other Activities

$ 12,150,117 173,339
12,061,944 14,483,465
3,158,408 k
4,839,303

$ 12,919,949 195,011
11,505,635 15,237,185
3,205,267 158,821
6,339,296

$ 769,832 21,672
(556,309) 753,720
46,859 158,821 1,499,993

Total Revenue

$ 46,866,576

$ 49,561,164

$ 2,694,588

Expenditures

Student Housing Faculty Housing Food Services Stores and Shops Student Health Services Bus Operations Other Activities

$ 11,472,697 154,130
11,365,420 13,590,257
2,865,507 *
3,522,652

$ 12,040,266 294,292
10,676,061 14,311,741
3,027,761 113,296
4,624,072

$ 567,569 140,162 (689,359) 721,484 162,254 113,296
1,101,420

Total Expenditures
Excess Revenue over Expenditures Beginning Fund Balance (Deficits)

$ 42,970,663
$ 3,895,913 (3,033,889)

$ 45,087,489
$ 4,473,675 (483,587)

$ 2,116,826
$ 577,762 2,550,302

Unadjusted Fund Balances Deduct: Transfers to Reserves and Other Surplus Adjustments

$ 862,024 (1,345,611)

$ 3,990,088 (3,351,224)

$ 3,128,064 (2,005,613)

Ending Fund Balances (Deficits)

$ (483,587)

$

638,864

*The 1975-76 Bus Operations were included in Other Activities.

$ 1,122,451

STUDENT AID

Revenue received for Student Aid during the year amounted to $19,538,809. A State Appropriation of $545,000, included in the total revenue, was allocated by the Board of Regents for the following State purposes: (1) Regents Scholarships $200,000; and (2) Medical Scholarships $345,000.

Comparative student aid revenue and expenditures are presented below in condensed form. For the fiscal year ended June 30, 1977, revenue exceeded expenditures by $67,455.

Revenue

1975-76

1976-77

Increase or (Decrease)

Endowment Revenue Gifts and Grants State of Georgia

$ 257,578 13,464,312 545,000

$ 264,411 18,729,398 545,000

$

6,833

5,265,086

Total Revenue

$ 14,266,890

$ 19,538,809

$ 5,271,919

Expenditures
Fellowships Scholarships Educational Opportunity Grants and Others
Total Expenditures

$ 1,252,280 2,490,074
10,509,536
$ 14,251,890

$ 813,395 3,531,612
15,183,802
$ 19,528,809

$ (438,885) 1,041,538 4,674,266
$ 5,276,919

5

STUDENT LOAN FUNDS
Assets of the Student Loan Funds totaled $31,849,111 on June 30, 1977. This represents an increase of $2,041,741 from $29,807,370 at the beginning of the year. Funds received in the National Direct Student Loan Program cause most of the increase.
Loan Funds assets comprise $2,699,989 cash, $1,286,752 investments $27,949,204 students notes receivable, and $(86,834) .interfund balance.

ENDOWMENT FUNDS
Endowment Funds assets increased from $20,912,650 at the previous year end to $22,030,594 at June 30, 1977. The assets are comprised of $201,094 cash, $4,264,014 time deposits, $17,477,942 investments, and $87,543 due from other funds.

PLANT ADDITIONS AND IMPROVEMENTS
Cjdf ,, ^ d comParatLVe Plant Funds revenues and expenditures are presented for the fiscal years ended June 30 1976 and 1977.

Revenue by Source
State Appropriation Gifts and Grants
Private Public Interest on Temporary Investments Other Sources
Total Revenue
Expenditures Applied To

1975-76
$ 22,346,927
780,553 1,154,840
532,216 5,240,861
$ 30,055,397

1976-77
$ 19,867,444
544,843 331,159 450,559 6,242,004
$ 27,436,009

Increase or (Decrease)
$ (2,479,483)
(235,710) (823,681)
(81,657) 1,001,143
$ (2,619,388)

i*lant Additions Debt Service (Principal and Interest) Georgia Education Authority Rental Other Expenditures
Total Expenditures

$ 6,903,075 40,960
22,684,876 670,513
$ 30,299,424

$ 4,864,783 43,180
22,595,501
$ 27,503,464

$ (2,038,292) 2,220
(89,375) (670,513)
$ (2,795,960)

To obtain the total picture of plant additions in the University System, it is necessary to look at the activities of two organizations which are external to the System.

The first of these is the Georgia State Financing and Investment Commission (GSFIC). GSFIC issues bonds for and on behalf of the State of Georgia pursuant to powers granted to it in the Constitution of the State of Georgia and the Act creating the GSFIC. The bonds so issued will constitute direct and general obligations of the State of Georgia, the payment of which the full faith, credit, and taxing power of the State are pledged. To the extent that proceeds from these General Obligation Bonds are expended in capital construction on the premises of the University System of Georgia, its activities must be considered in recognizing plant additions for the System.

The second organization is the Georgia Education Authority (University). As stated in past Annual' Financial Reports, 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 per cent of the annual lease rental payments for student housing facilities and certain parking facilities at non-residential institutions is obtained from the revenues produced by these activities in the auxiliary enterprises operations; the remaining fifty per cent is provided from the Authority Lease Rental appropriation made to the University System by the Legislature. Lease rental payments for all other capital additions financed from GEA (U) bond proceeds are paid entirely from state-appropriated funds.

As of June 30, 1977, the accumulated value of plant additions to the University System from these two sources
amounted to $450,251,131. Four hundred twenty-nine projects had been completed or were in progress. Expenditures during 1976-77 amounted to $16,043,184.

6

During 1976-77, the GEA (U) retired $17,457,000 in previously issued bonds. No new bonds were issued by the Authority. Funds were held in the Sinking and Reserve Fund account of the Authority on June 30, 1977 in the amount of $16,632,638 for future debt service requirements. At June 30, 1977, the Authority had reserved $16 419,268 for completion of unfinished projects and for the construction of other projects not under contract. As noted in the table above, the University System paid $22,595,501 to the GEA (U) during 1976-77 as an annual lease rental for the use of the GEA (U) facilities.
Upon its dissolution, the Georgia Institute of Genetics donated assets including a note receivable to the Board of Regents of the University System of Georgia. All donated assets are "to be administered and expended for the advancement of agricultural education and experimentation in Georgia." Default on the note receivable occurred in fiscal 1977, with the result that the Board of Regents of the University System of Georgia obtained title to 306.49 acres of land in Bartow County, Georgia. This property is valued at $1,379,205, based upon sale by the Georgia Institute of Genetics prior to its dissolution.
UNEXPENDED PLANT FUND ASSETS
The University System held Unexpended Plant Fund assets totaling $2,597,394. Total assets at June 30, 1977 were composed of $920,807 demand deposits, $496,684 bank time deposits, $101,873 investments, $706,703 accounts receivable, $9,178 notes receivable, $170,000 appropriations receivable, and $201,329 due from other funds.
Unexpended Plant Fund liabilities included accounts payable of $2,050,803, reserve for sinking fund of $93,916 and other reserves of $9,178. The reserve for sinking fund was maintained 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. Unexpended Plant Fund Balance at the end of the year was $2,597,394 of which $216,457 was restricted.

INVESTMENT IN PLANT

The University System had a total Investment in physical plant assets at June 30, 1977 in the amount of $906,191,168. This represents an increase of $33,293,599 over the investment reported at the end of the previous year.

The Investment in Plant at the end of the year compared with the previous year is presented below.

Plant Assets
Land Buildings Improvements Other Than Buildings Library Collections Equipment

June 30, 1976
$ 30,433,528 578,625,162 35,579,531 54,921,897 173,337,451

June 30, 1977
$ 32,164,646 593,146,152 36,672,438 62,434,147 181,773,785

Increase or (Decrease)
$ 1,731,118 14,520,990 1,092,907 7,512,250 8,436,334

Total Plant Assets

$872,897,569

$906,191,168

$ 33,293,599

During the year $42,000 of Series "A" Georgia Institute of Technology Revenue Bonds were retired, leaving a balance of $17,000 outstanding of the original issue of $4,000,000. The bonds bear interest at the rate o L, and they fully mature May 1, 1978.

AGENCY FUNDS
The University System held Agency Funds assets at the end of the year in the amount of $19,293,556. This consisted of funds received and held by various units as custodians, and primarily represented funds held on deposit, designated scholarships, funds for student activities, and payroll deductions.

GENERAL COMMENTS

The June 30 the next section statements. The

1977 consolidated financial statements for the of this report. All of the Institutions of the remainder of this report presents the financial

University University statements

System of Georgia are presented in System are included in the consolidated of each separate Institution.

7

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1977

Resident Instruction
Funds

CURRENT Other
Organized Activities

FUNDS
Restricted Funds

Auxiliary Enterprises
Funds

LOAN FUNDS

ENDOWMENT FUNDS

PLANT Unexpended

FUNDS ____ Expended

AGENCY FUNDS

ASSETS Cash in Banks - Demand Cash in Banks - Time Accounts Receivable Notes Receivable

$ 8,921,378.71 $ 50,000.00
1,144,107.68 -

47,687 .38 $ 1,336,793.18 $ 4,282,345.61 $ 1,077,646.10 $ 201,094.13 $

430,000.00

741,379.55

6,879,296.33

1,622,342.78

4,264,014.20

401,625.69

8,156,816.19

1,472,703.54

-

27,949,204.55

Appropriations Receivable Interfund Balances Inventories Investments

11,247,344.00 932,234.11
2,961,916.12 -

6,759,224.37 -
803,198.91 -

(140,310.60) 110,735.19

(1,054,562.67) 4,835,417.89
135,000.00

(86,833.76)

87,543.43

1,286,751.68 17,477,942.43

Investment in Plant

-

-

920,806.60 496,683.61 706,702.88
9,177.84 170,000.00 201,328.50
92,694.67 - ______

$ 906,191,167.55

$ 4,375,631.85 14,403,121.92 53,094.39
60,600.99 85,748.60 315,358.72

TOTAL ASSETS

$25,256,980.62 $ 8,441,736.35 $10,205,413.51 $16,550,200.70 $31,849,111.35 $22,030,594.19 $ 2,597,394.10 $906,191,167.55 $19,293,556.47

LIABILITIES AND FUND BALANCES

Accounts Payable

$13,273,280.43

Notes Payable

-

Deposits

823.00

Deferred Revenue

8,173,684.45

Other Liabilities

-

Reserves for:

Inventories

3,189,864.64

Renewals and Replacements

-

Matching Funds

268,689.00

Sinking Fund

-

Bus Replacement

-

Other

22,294.98

Fund Balances:

Unallocated

328,344.12

Allocated

-

Other

-

$ 6,174,342.83 " -
171,533.09 -
968,868.17 g g -
1,126,992.26 "

$ 26,830.36
-
-
_
-
-
-
_
10,178,583.15

$ 1,050,037.38 700,000.00 617,696.07
1,226,286.46 2,736.67
4,854,941.96 6,823,509.50
108,257.87 527,870.72
638,864.07 -

$ -
-

$ 1
-

-

-

-

"

-

-

1 31,849,111.35 22,030,594.19

$ 2,050,803.18 $ 1,491,241.24

93,916.24

9,177.84
2 443,496.84

-

3

904,699.926.31

19,293,556.47

TOTAL LIABILITIES AND FUND BALANCES

$25,256,980.62

$ 8,441,736.35

$10,205,413.51

$<16,550,200 .JO

$31,849,111.35

$22,030,594.19

$ 2,597,394.10

$906,191,167.55

$19,293,556.47

''`Includes equity of National Direct Student Loan Program of $24,801,830.07.

2 Includes

Restricted

Fund

Balance

of

$216,456.61.

^Includes $283,509,360 equity of Georgia Education Authority (University).

ASSETS Cash in Banks - Demand Cash in Banks - Time Accounts Receivable Appropriations Receivable Inventories
TOTAL ASSETS
LIABILITIES AND FUND BALANCES Accounts Payable Deferred Revenue Reserves for: Inventories Fund Balance: Unallocated
TOTAL LIABILITIES AND FUND BALANCES

UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
CONSOLIDATED BALANCE SHEET June 30, 1977

Engineering Experiment
Station

Engineering Extension Division

Hospitals and
Clinics

Agricultural Experiment
Station

Cooperative Extension
Service

$ 157,721.38
46,248.36 99,000.00
$ 302,969.74

$ 59,615.60
8,000.35
V'
$ 67,615.95

$ 14,371.24
430,000.00 49,289.02
1,600,000.00 803,198.91
$ 2,896,859.17

$ (406,989.95)
298,008.41 987,000.00

$ 109,273.14
39.00 268,000.00

$ 878,018.46

$ 377,312.14

$ 302,959.63
10.11
$ 302,969.74

$

2,943.55

78,759.00

(14,086.60)

$ 67,615.95

$ 1,917,241.83
968,868.17 10,749.17
$ 2,896,859.17

$ 855,976.94
22,041.52
$ 878,018.46

$ 284,416.08
92,774.09 121.97
$ 377,312.14

OTHER ORGANIZED ACTIVITIES (Cont)
CONSOLIDATED BALANCE SHEET (Cont)
ASSETS Cash in BanksipfeDemand Cash in Banks - Time Accounts Receivable Appropriations Receivable Inventories TOTAL ASSETS
LIABILITIES AND FUND BALANCES Accounts Payable Deferred Revenue Reserve for: Inventories Fund Balance: Unallocated
TOTAL LIABILITIES AND FUND BALANCES

UNIVERSITY SYSTEM OF GEORGIA

Marine Resources Extension
$ 22,437.49
9,000.00
$ 31,437.45

Veterinary Medicine
Experiment Station

Skidaway

Regents

Institute of

Central

Oceanography__________ Office

$ (39,833.41)
37.08 66, 000.00

$ 116,191.14

$ 26,203.67

$ 116,191.14

$ 14,900.79 3.47
3,730,224.37
$ 3,745,128.63

Total
$ 47,687.38 430,000.00 401,625.69
6,759,224.37 803,198.91
$ 8,441,736.35

$ 33,900.82

$ 25,987.41

(2,463.37)

216.26

$ 31,437.45

$ 26,203.67

$ 116,131.81
59.33 $ 116,191.14

$ 2,634,784.76
1,110,343.87 $ 3,745,128.63

$ 6,174,342.83 171,533.09 968,868.17
1,126,992.26
$ 8,441,736.35

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF CHANGES IN FUND BALANCES For the Year Ended June 30, 1977

Resident Instruction
Funds

Other Organized

Restricted Funds_____

Auxiliary Enterprises
Funds_____

LOAN FUNDS

ENDOWMENT FUNDS

-- P L A N T ____F U N D S _____

Unexpended

Expended

AGENCY FUNDS

BALANCE, JUNE 30, 1976

$

Adjustments per State Audit

409,804.58 $ 86,587.32

222,796.59

$ 8,678,204.50 $ (483,586.68) $29,470,870.14 $20,912,650.40

(23*292 .*49) _____ (4,606.67) ______ 5,123.20 ______ 5 ,435.23

$

ADJUSTED BALANCE, JULY 1, 1976 $ 496,391.90 $ 199,504.10 $ 8,673,597.83 $ (478,463.48) $29,476,305.37 $20,912,605.40 $

ADDITIONS:

Excess Revenue over

Expenditures

$

Private Gifts

Governmental Grants and

Contracts

Private Grants and Contracts

M Income from Investments

^ Adjustments from:

169,821.99 $ 1,077,396.14 $ _

$ 4,473,674.57 $

$

1,268,118.87

168,677.18

_

_

79,799,295.14

2,005,552.83

_

15,499,157.93

38,326.67

$ 423,249.48

405,252.13

1,716,674.39

Inventories

_

Accounts Payable 6/30/76 Surplus - (Lapse) or

235,022.75

70.395.92

28,624.31

Distribution Retirement Bonds Payable

(496,391.90)

(199,504.10)

-

-

and Debt to Endowment Funds

_

Additions to Physical Prop.:

Current Funds

_

Unexpended Plant Funds

_

GEA (University)

_

Other

_

Transfers from Other Funds

-

_

Other Sources

51,760.73

5,314.13

410,667.30

23,393.81

198,671.11

(183,184.55) 185,902.30

TOTAL ADDITIONS

$

(39,786.43) $ 953,602.09 $96,977,239.24 $ 4,525,692.69 $ 2,816,479.92 $ 2,142,641.62 $

414,105.10 $871,317,227.18 $ 19,969,518.39

(1,330.33)

168,570.23 __________116.26

412,774.77 $871,485,797.41 $ 19,696,634.65

(66,862.23) $ 19,713.03
280,181.09

34,297.02 (37,876.94)

(33,221.55)

42,000.00
20,422,569.27 4,982,398.04
16,043,183.87 3,122,649.96

25,994.67 156,108,608.23 229,451.97 $ 44,605,574.26 $156,108,608.23

STATEMENT OF CHANGES IN FUND BALANCES (Cont)

UNIVERSITY SYSTEM OF GEORGIA

______________ C U R R E N T

Resident

Other-

Instruction

Organized

Funds

Activities

FUNDS
Restricted Funds

Auxiliary Enterprises
Funds

LOAN FUNDS

ENDOWMENT FUNDS

PLANT Unexpended

FUNDS Expended

AGENCY FUNDS

DEDUCTIONS : Accounts Receivable 6/30/76 $ Provisions for Reserves: Inventories Renewals and Replacements Bus Replacements Matching Funds Working Capital Sinking Fund Federal Funds Other Loan Cancellations Distributions per Trust Agreements
h * Disposals of Plant Properties Transfers to Other Funds Other Deductions

TOTAL DEDUCTIONS

$

BALANCE, JUNE 30, 1977

$

4,457.97 $

2,278.17 $

-

$

3,573.79 $

-

$

$

166,243.62

18,371.36

-

(44,582.18)

195,346.78 2,434,739.24
41,815.52
(11,009.82)

81,948.05

471,114.84

14,447.32

739,935.74

2,141.22

95,439,314.70

5,464.40

32,939.22

655,738.56 6,213.02

69,378.43 225,233.35

197,806.05 86,956.04

128,260.63 $

26,113.93 $95,472,253.92 $ 3,408,365.14 $ 780,173.94 $ 1,024.697.83 $

328,344.84 $ 1,126,992.26 $10,178,583.15 $ 638,864.07 $31,512,611.35 $22,030,594.19 $

-

$

$

(36,349.32) (33,334.50)

268,007.80

9,388,843.23 1,986,973.68

156,784,686.41

198,323.98 $ 11,375,816.91 $156,784,686.41

443,902.76 $904,715,554.76 $ 19,293,556.47

BALANCE, JUNE 30, 1976 Adjustments per State Audit
ADJUSTED BALANCE, JULY 1, 1976
ADDITIONS: Excess Revenue over Expenditures Adjustments from: Accounts Payable 6/30/76 Surplus -(Lapse) or Distribution Prior Year's Corrections
TOTAL ADDITIONS
DEDUCTIONS: Accounts Receivable 6/30/76 Provisions for Reserves: Inventories Prior Year's Corrections
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1977

UNIVERSITY SYSTEM OF GEORGIA
OTHER ORGANIZED ACTIVITIES
CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES For the Year Ended June 30, 1977

Engineering Experiment
Station

$

3,041.29

17,014.00

$ 20,055.29

Engineering Extension Division
$ (17,893.68) (40,372.27)
$ (58,265.95)

Hospitals and
Clinics
$ 13,275.63
$ 13,275.63

Agricultural Experiment Station
$ 11,189.28
$ 11,189.28

Cooperative Extension Service

$

3,625.40

65.78

$

3,691.18

$

2,057.37

2,268.84 (20,055.29
256.25

$ (14,801.38)

$

(676.90)

$ (13,473.13)

$

(2,621.17)

549.78 58,265.95
400.00

32,252.65 (13,275.63)
480.00

31,336.77 (11,189.28)
4,177.88

2,743.14 (3,691.18)

$ (15,472.83)

$ 44,414.35

$ 18,780.12

$ 10,852.24

$

(3,569.21)

$

(892.05)

$

235.00

$

2,935.22

$

-

5,464.40

18,371.36

-

$

-

-

$

4,572.35

$

235.00

$ 21,306.58

$

_

$

$

10.11

$ (14,086.60)

$ 10,749.17

$ 22,041.52

$

121.97

OTHER ORGANIZED ACTIVITIES (Cont)
CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES (Cont)
BALANCE, JUNE 30, 1976 Adjustments per State Audit
ADJUSTED BALANCE, JULY 1, 1976
ADDITIONS: Excess Revenue over Expenditures Adjustments from: Accounts Payable 6/30/76 Surplus-(Lapse) or Distribution Prior Year's Corrections TOTAL ADDITIONS
DEDUCTIONS: Accounts Receivable 6/30/76 Provisions for Reserves: Inventories Prior Year's Corrections TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1977

UNIVERSITY SYSTEM OF GEORGIA

Marine Resources Extension

$

(8,076.03)

-

$

(8,076.03)

Veterinary Medicine
Experiment Station

$
-

$

_

$

(3,673.89)

$

1,210.52 8,076.03

$

5,612.66

$

216.26 .
-
-
216.26

$

$

_

$

$

$

(2,463.37)

$

-
__ 216.26

Skidaway Institute of Oceanography

$

5.36

-

$

5.36

Regents Central
Office
$ 217,629.34 -
$ 217,629.34

Total
$ 222,796.59 (23,292.49)
$ 199,504.10

$

59.33

$ 1,110,309.65

$ 1,077,396.14

-
(5.36) -

34.22 (217,629.34)
-

70,395.92 (199,504.10)
5,314.13

$

53.97

$ 892,714.53

$ 953,602.09

$

-

-

$

-

_ -

$

2,278.17

18,371.36 5,464.40

$

-

$

-

$

26,113.93

$

59.33

$ 1,110,343.87

$ 1,126,992.26

UNIVERSITY SYSTEM OF GEORGIA

SOURCES OF REVENUE OF THE UNIVERSITY SYSTEM, 1976-77

State Appropriation
Internal Revenue Educational and General Student Fees Gifts and Grants Private Federal Public and Other Endowment Income Sales and Services and Other Sources Total Educational and General
Auxiliary Enterprises Student Housing Faculty Housing Food Services Stores and Shops Student Health Services Bus Operations Other Activities
Total Auxiliary Enterprises
Plant Funds Gifts and Grants Private Federal Public and Other Interest on Temporary Investments Other Sources
Total Plant Funds
Student Aid Gifts and Grants Private Public Endowments
Total Student Aid

$12,754,215.12 44,653,200.87 10,273,906.85
$ 544,842.70 272,403.80 58,754.72
$ 1,203,753.38 17,525,644.63

Total Internal Revenue

Total Revenue From All Sources - Current Year Less: Unapplied Revenue for Current Year - All Funds

Total Funds Applied For All Functions - Current Year

$67,314,449.09

$285,809,279.00

67,681,322.84 195,965.31
44,498,525.06

$179,690,262.30

$12,919,948.62 195,010.54
11,505,635.04 15,237.185.54
3,205,267.08 158,821.49
6,339,296.10

49,561,164.41

$ 876,001.22 450,559.16
6,242,004.25

7,568,564.63

$18,729,398.01 264,410.78

18,993,808.79

255,813,800.13
541,623,079.13 5,635,878.19
$535,987,200.94

UNIVERSITY SYSTEM OF GEORGIA CLASSIFICATION OF EXPENDITURES OF THE UNIVERSITY SYSTEM, 1976-77

Educational and General Instruction and Departmental Research General Sponsored Organized Activities Related to Educational Departments Research Separately Budgeted General Sponsored Extension and Public Service Library Student Services Operation and Maintenance of Physical Plant General Administration General Institutional Expenses Total Educational And General
Auxiliary Enterprises Student Housing Faculty Housing Food Services Stores and Shops Student Health Services Bus Operations Other Activities Total Auxiliary Enterprises
Plant Funds Additions to Plant - Capital Expenditures Rental Paid to GEA (U) Other Plant Funds Expenditures Total Plant Funds
Student Aid Fellowships Scholarships Educational Opportunity Grants and Others Total Student Aid Expenditures
Total Expenditures For All Functions - Current Year

$154,372,054.38 19,982,758.48
$ 29,347,734.18 28,666,437.62

$174,354,812.86 26,174,523.92
58,014,171.80 34.930.523.95 16,474,437.12
6,797,227.72 45.972.006.96 22,766,204.47 58,365,414.37

$443,849,323.17

$ 12,040,265.51 294,292.42
10,676,060.96 14,311,741.20
3,027,761.26 113,296.14
4,624,072.35

45,087,489.84

$ 4,864,782.85 22,595,501.00
______ 43,180.00

27,503,463.85

$ 813,394.63 3,531,612.05
15,183,802.11

19,528,808.79 $535,969,085.65

17

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For the Year Ended

Georgia Institute of Technology Engineering Experiment Station Engineering Extension Division Southern Technical Institute
Georgia State University Medical College of Georgia
Eugene Talmadge Memorial Hospital University of Georgia
Agricultural Experiment Station Cooperative Extension Service Marine Resources Extension Center Veterinary Medicine Experiment Station
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Skidaway Institute of Oceanography Regents Central Office Teachers Retirement Grants to Junior College (DeKalb) Southern Regional Education Board:
Administrative Emory University Medical Student Grants MieHarry Medical College Southern School of Optometry Tuskegee Institute (Veterinary Medicine) University of Alabama in Birmingham (Optometry)
TOTALS

Student Tuition & Fees

GENERA L

Governmental Appropriation

Endowment Inc ome

OPERATIO
Gifts & Grants

$ 9,315,161.84 $ 20,103,100.00 $

2,433,441.00

433,617.03

243,038.00

989,647.59

2,261,125.00

9,028,212.92

29,839,008.00

1,951,908.26

20,703,298.00

11,723,300.00

15,885,061.09

55,977,330.00

9,663,593.00

8,916,636.00

388,090.00

526,000.00

1,328,206.11 1,431,802.00 1,876,332.63 2,635,766.48
898,656.42 1,807,002.26 2,878,103.03 1,073,921.49
842,186.70 1,351,615.74 2,561,499.74 2,473,536.80

3,375,400.00 2,913,273.00 3,082,475.00 4,530,875.00 4,025,465.00 3,530,800.00 7,540,500.00 3,434,759.00 2,352,325.00 3,645,584.00 4,770,100.00 7,175,620.00

953,998.00 678,782.05 598,112.40 163,588.97 394,154.20 907,036.30 500,215.40 120,365.80 500,159.44 513,300.90 324,197.24 957,825 .80 762,856.20 584,665.25 494,024.01
98,929.00

2,349,060.00 1,734,415.00 1,273,000.00
838,000.00 1,350,450.00 2,260,140.00 1,369,350.00
715,800.00 1,352,000.00 1,299,000.00 1,090,340.00 1,944,200.00 1,678,500.00 2,039,700.00 1,492,000.00
625,000.00

128,000.00 $ 1,482.57 7,990.00
38,260.29 17,345.29
2,227 .86

106,273.53 1,745.00 300.00 100.00 5,000.00
275,333.00
1,491.00 200.00
6,604.59 13,275.00
1,005.00
75.00 100.00

573,781.00 2,123,235.00 20,073,523.00 5,040,000.00

659.30

54,000.00 708,400.00
56,250.00 146,250.00
45,000.00 9,750.00

$67,314,449.09 $265,396,279.00 $ 195,965.31 $ 411,502.12

18

OF GEORGIA
AND GENERAL REVENUE June 30, 1977

NS Indirect
Cost Recovery
$ 2,065,846.19 2,873,696.38 10,795.63 1,110.98 319,170.58 987,590.69
1,786,670.83 42,092.39

Sales & Services

Departmental Sales &

$ 181,372.12 532,881.40 85,140.39 40,935.03 297,761.73 24,463.09
14,865,709.34 389,422.01
4,239,399.92 6,110,489.48
66,254.58

$ 746,457.51
49,301.45 603,857.21 1,143,491.38 3,084,175.10

SPONSORED OPERATIONS

Grants. Contracts & Gifts Other

Sales &

Research

P r o g r a m s _____ __j>ervicesL

5,865,304.25 8,597,120.48
663,643.63
7,636,083.01 2,273,711.49

$ 1,373,423.64
23,946.67 90,417.50 2,232,152.84 9,422,419.79 1,748,983.56 8,211,660.50
4,310,713.97 9,481.09

45,748.14

10,545.88 5,546.16 9,321.10
26,292.73 216,100.55
24,054.23 37,008.40 24,716.46 19,343.92 54,478.97 19,854.83 63,069.71
16,219.89 7,724.90
10,079.54 511.74
2,542.57 11,787.16
1,496.54 260.55
12,348.44 2,947.17 2,412.40 210.86 6,596.71 8,134.56 16,159.91
190,015.44

18,954.06 60,797.12 149,536.64 44,966.44 23,398.68 108,594.11 106,355.92
9,115.08 9,568.49 89,727.32 61,660.04 30,128.57
62,302.16 18,042.33
9,622.01 6,888.78 10,876.34 19,042.81 9,216.02 3,732.44 6,959.94 25,884,94 9,954.41 15,005.12 11,857.11 14,221.17 9,979.40 2,677.17
46,605.00 2.00

84,288.22 80,824.85 65,256.60 177,106.52 16,838.01 50,851.12 385,842.79 20,798.46 27,844.72 97,171.73 91,133.32 11,186.01
65,889.85 33,167.60
5,014.00 13,750.62 43,277.59 107,318.44 45,381.24
2,768.25 65,701.87 51,487.31 12,845.00 37,583.76 88,836.87
6,322.14 47,594.99
7,402.71

99,827.48 1,082,889.32
15,824.20 19,131.10 95,152.88
1,267,905.62

1,858,847.11 304,544.49 359.222.73 685,998.40
1,082,144.67 329,920.47 781,503.20 333,623.33 369.559.86
1,308,251.35 680.140.73 741,165.12
871,446.11 143,071.05 177,893.09 160,693.26 309,003.67 156.123.87 343,980.57
8,944.81 425,502.62 203,048.65 156,462.35
51,819.33 52,734.88 204,325.33 464,572.16
5,421.91
25,816.56

Grand Total

39,884,939.08 14,484,369.97
804,527.72 3,434,282.55 42,984,106.91 34,271,531.50 28,342,992.90 93,263,080.83 16,218,796.80 19,337,839.45
463,825.67 526.000. 00

6,776,068.86 4,796,787.62 5,543,635.70 8,101,205.57 7,345,492.65 5,867,046.39 11,748,444.44 4,896,933.82 3,623,056.55 6,546,829.11 8,190,993.25 10,589,859.09

4,332,191.01 2,615,202.93 2,073,721.04 1.183.433.37 2.111.309.37 3,461,448.58 2.269.639.77
851,871.85 2,362,672.31 2,095,668.97 1,596,211.40 3,006,719.87 2.601.381.77 2,857,368.45 2,524,430.47
739,430.79

2,078,307.06

2,149,712.86

20,073,523.00

5.040.000.

00

54.000. 00 708.400.00
56,250.00 146.250.00
45.000. 00 9,750.00

$8,886,754.99 $27,829,500.71 $7,370,767.24 $27,616,593.46 $40,018.981.24

45,748.14 $445,086,541.30

19

H

mm

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For the Year Ended

Instruction

General

Sponsored

Activities Related to Instruction

Research

Separately Budgeted

General

Sponsored

Georgia Institute of Technology

$ 14,664,627.96

Engineering Experiment Station

4,910,429.17

Engineering Extension Division

Southern Technical Institute

1,837,086.90

Georgia State University

22,701,425.82

Medical College of Georgia

13,554,675.80

Eugene Talmadge Memorial Hospital

University of Georgia

41,429,486.54

Agricultural Experiment Station

Cooperative Extension Division

Marine Resources Extension Center

Veterinary Medicine Experiment Station

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

2,247,175.12 2,556,638.55 2,896,111.05 4,420,590.79 2,569,709.43 2,897,218.90 5,800,175.66 2,428,336.09 1,619,940.30 2,348,344.02 4,178,181.59 5,219,699.58

$ 1,210,332.51 $

$ 5,439,621.83 $ 5,865,304.25 8,642,868.62

52,474.70 1,467,719.84 7,043,726.37
3,464,588.11

23,177,466.80 1,328,641.93

527,406.88 3,144,825.00
5,396,205.05 13,958,558.44

663,643.63 2.316.921.00
7.636.083.01 2,273,711.49

943,034.12 100,168.02 48,721.78 291,788.52 1,230,196.53 313,295.06 479,348.97 234,079.49 126,500.66 242,186.57 405,221.94 479,800.42

528,237.06
23,360.40 74,625.62 125,412.98 48,441.47 406,005.89
709.88 10,877.17 87,789.91
328,319.03

525,783.74
9,045.69 3,603.86 29,288.31 10,484.15 8,000.00

Abraham Baldwin Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College

1,735,989.47 1,325,628.66 1,068,082.59
397,109.55 794,210.23 1,657,991.08 925,811.65 321,575.22 964,122.04 961,053.60 613,033.39 1,547,337.25 1,339,806.79 1,271,129.64 887,395.36 281,924.59

494,126.45 49,142.91 21,530.73 90,137.07
203,466.72 90,486.82
258,874.62
230,780.26 89,505.82 87,439.05 28,662.81 25,955.86 58,656.18
120,771.66 37.91

34,635.78

Skidaway Institute of Oceanography Regents Central Office Teachers Retirement Grants to Junior Colleges (DeKalb) Southern Regional Education Board:
Administrative Emory University Medical Student Grants MeHarry Medical College Southern School of Optometry Tuskegee Institute (Veterinary Medicine) University of Alabama
in Birmingham (Optometry)

294,911.23 1,267,905.62

TOTALS

$154,372,054.38 $19,982,758.48 $26,174,523.92 $29,347,734.18 $28,666,437.62

20

OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1977

Extension & Public Service
$ 756,236.20
1,897,256.66 268,299.41
8,908,711.91
19,340,460.62 467,499.56

Operation &

Student

Maintenance of

Library______ Services______ Physical Plant

General Administra tion

General Institu1i ona 1______

Total Expenditures

1,762,243.49
156,626.62 2,675,770.02
549,251.78
4,335,767.17

616,111.13
120,831.47 914,645.78 368,813.91 1,331,217.59

$ 5,590,249.57 382,928.97 37,893.65 598,482.64
5,043,200.71 3,327,573.96 2,572,865.43 9,596,731.00

$ 1,904,060.11
256,102.01 3,381,962.51 1,167,085.92
515,289.72 4,266,178.50

$ 2,838,241.54 546,085.84 25,199.25 388,929.46
3,635,309.71 2,523,229.57 2,078,047.85 5,655,675.30

$ 39,890,792.39 14,482,312.60 819,329.10 3,410,533.80 42,908,341.56 34,264,402.72 28,343,669.80 93,349,286.11 16,232,269.93 19,340,460.62 467,499.56 525,783.74

1

115, 290. 89 128, 293. 15 322, 952. 95 111, 463. 57
33, 023. 19 226, 598. 94
33, 708. 24 141, 513. 15 663,.865.,05 117,,003.,07 184,,633..57

218,747.77 323, 584.57 390, 183.48 483, 407.34 327, 711.08 298, 932.33 649, 967.49 348, 072.62 192, 542.58 292, 873.17 580,,522.12 638,,633.46

173,227.26 153,039.61 205,661.58 195,790.09 150,766.12 129,809.69 221,504.86 187,453.67 147,420.31 175,576.83 161,929.79 209,345.29

901,254.86 667,330.46 768,626.91 1,000,586.71 911,577.43 1,160,840.33 1,639,399.54 818,467.92 571,258.57 1,129,933.52 1,167,059.42 1,722,627.05

522,128.94 282,540.67 326,791.12 441,650.74 502,755.80 361,595.01 746.646.23 295,188.14 268,404.06 472,610.28 468.372.22 573,873.21

1,241,268.26 596,648.85 755,750.72 867,346.51
1,356,027.66 637,885.30
1,533,279.95 549,838.96 541,842.87
1,105,831.72 1,111,881.04 1,224,197.19

6,775,073.39 4,795,241.62 5.543.500.19 8.098.739.27 7,294,666.29 5,884,645.14 11,732,215.84 4,895,855.01 3,620,299.67 6.529.495.22 8.190.171.19 10,589,128.80

I 1

72,,178,.86 53,,004,.15 32.,520 .07 91;,363 .87 121 ,883 .48 124 ,826 .73 72 ,405 .20
7 ,556 .67 202 ,391 .47 109 ,072 .02
35 ,394 .77 64 ,856 .57 96 ,413 .10 31 ,107 .55 87 ,149 .57 11 ,589 .74

174,,501.19 165,,016.65 141.,378.71
74,,965.77 161,,842.48 200 ,210.68 152 ,528.56
89 ,326.06 138 ,892.09 135 ,964.69 138 ,285.40 176 ,037.15 138 ,588.56 164 ,187.30 113 ,257 .27
76 ,443.43

246,978.68 86,883.65 89,436.64 44,523.24 81,572.88
137,941.72 75,784.22 19,079.73 50,861.73 62,296.04 43,871.85
108,273.36 60,451.28 71,924.36
119,980.73 34,222.63

686,284.50 405,958.24 209,279.48 276,573.97 337,869.64 656,423.32 390,983.86 184,013.40 306,547.21 345,590.08 265,017.67 .489,327.27 370,159.77 528,433.79 479,807.87 132,054.66

247.544.00 208,281.72 171.271.85 128,132.28 171.294.35 261,412.55 177.006.24 110.714.23 185,844.19 185,585.44 166,091.11 272,101.02 231,609.05 283.256.85 290.117.00 120.976.36

640,996.39 316,657.80 338,401.92
79,897.78 238,825 .88 334,848.26 181,585.07 101,756.57 282,788.28 206,257.54 236,497.45 315,287.48 330,829.00 454,096.32 425.660.18
79,202.47

4,333,235.32 2,610,573.78 2.071.901.99 1,182,703.53 2,110,965.66 3,464,141.16 2,234,979.42
834,021.88 2.362.227.27 2.095.325.23 1,585,630.69 3,001,882.91 2,593,813.41 2.862.791.99 2,524,139.64
736,451.79

8,174.04

298,793.58

96,953.90 1,709,377.14

111,509.36 426.160.18 19,679,775.61 4,371,863.28

2,078,247.73 2,135,537.32 19,679,775.61 4.371.863.28

h

5 4 ,000.00

54.000. 00

708,400.00

708,400.00

41,250.00

41,250.00

142,000.00

142,000.00

40,000.00

40.000. 00

9,750.00

9,750.00

1

$ 6 797,227.72 $45,972,006.96 $22,766,204.47 $58,365,414.37 $443,849,323.17

Georgia Institute of Technology Southern Technical Institute
Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Jnior College Atlanta Jnior College Bainbridge Jnior College Brunswick Jnior College Clayton Jnior College Dalton Jnior College Emanuel County Jnior College Floyd Jnior College Gainesville Jnior College Gordon Jnior College Kennesaw Jnior College Macn Jnior College Middle Georgia College South Georgia College Waycross Jnior College
Skidaway Institute of Oceanography
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF AUXILIARY For the Year Ended

Student Housing

Faculty & Staff Housing

Food Services

STORES Bookstore

$ 2,401,870.06 $ 173,278.16
328,114.64 4,166,610.55
396,357.87
262,842.31 388,704.08 1,090,384.96 274,353.39 464,067.23 304,658.11 814,340.38 682,151.27
561,410.42

$ 1,519,364.42 148,674.89
432,174.66 3,963,348.18

$ 1,648,623.38 241,521.86
1,258,787.24 744,534.42
3,409,246.02

18,249.75

681,257.10

36,272.23 41,694.50
73,036.13 23,872.93

404,899.56
1,395,133.13 284,276.69 645,167.89 27,825.17 926,842.00

105,374.34 293,704.08 404,692.16 457,668.58 106,107.70 342,404.46 619,528.99 231,946.16 233,373.45 139,945.48 528,263.69 268,258.77

512,236.08

305,908.65 208,074.74

53,479.28
354,448.45 198,343.96
4,533.50

360.00 1,525.00

96,719.26 467,716.01

40,691.49 127,757.04 266,401.91 182,410.55
32,940.46 154,095.85 122,301.57
89,050.39 301,746.65 214,275.38 178,334.57 134,806.20
28,622.19

$12,919,948.62 $ 195,010.54 $11,505,635.04 $13,421,398.42

22

OF GEORGIA
ENTERPRISES REVENUE June 30, 1977

AND SHOPS
$
15,657.27
37,193.66 100,386.94
88,588.50 186,554.41
42,848.44
84,675.60 52,630.39 57 ,718.02
4,488.64 113,888.33
85,239.72 64,616.14
87,797.60 148,463.95
64,462.89 16,218.12 108,292.88 101,050.33
146,582.38 60,075.84 35,321.38

Other__________ Health_______

$ 562,817.62 $ 20,841.96

65,079.98

62,235.00 1,331,292.08
134,993.20

47,955.71

18.330.14 103,838.14
84,438.81 166,943.14
58.078.15 100,245.12
78,448.64 134,308.31 198,278.50
73,676.47

46,565.00 29,936.80

OTHER SERVICE UNITS Parking_____ Bus Operations

191,096.25 $ 74,277.61

267,721.49

478,087.15

24,980.89

5,637.50 17,126.75
2,505.70 4,595.00 44,505.28 18,953.00
77,006.00

1,198.29 5,830.60 4,902.52
557.40 7,081.57
2,167 .29
14,383.85
14,457.48

3,426.30
17,701.79 5,888.48

753.29 1,944.70
4.103.00 2.183.00

Other___________ Total

276,399.69 8,571.07
248,456.12 327,495.33 1,944,122.86

:$ 6,674,449.03 592,887.94
1,774,964.85 1,894,554.05 15,373,444.09

46,564.99 12,199.85 11,302.24 24,105.52 55,853.52 518,699.38 222,936.51
6,144.92 47,191.07 433,806.23 116,185.28 443,278.63

1,444,971.80 406,290.87 510,220.40 704,983.69
1,020,998.20 1,385,438.75 3,672,620.72
933,464.27 1,620,798.91 1,015.212.49 2,710,833.99 1,606,351.02

79,361.73 9,132.11

1,632,290.55 281,822.99

1,078.82 1,979.82 3,908.41 4,108.82 1,500.93 12,609.80 28,396.51 4,872.12 20,978.89 1,880.75 76,109.29 211,748.25 1,022.05

41,770.31 218,287.75 418,774.27 254,408.56
50,659.51 276,943.23 251,748.41 244,481.05 487,009.71 276,231.97 1,164,122.70 582,906.69
29,644.24

3,043.90

7,577.40

$ 113,035.69 $ 3,205,267.08 $ 1,134,250.69 $ 158,821.49 $ 5,205,045.41 $49,561,164.41

23

Georgia Institute of Technology Southern Technical Institute
Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Colurabus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Jnior College Atlanta Jnior College Bainbridge Jnior College Brunswick Jnior College Clayton Jnior College Dalton Jnior College Emanuel County Jnior College Floyd Jnior College Gainesville Jnior College Gordon Jnior College Kennesaw Jnior College Macn Jnior College Middle Georgia College South Georgia College Waycross Jnior College
Skidaway Institute of Oceanography
TOIALS

UNIVERSITY SYSTEM
STATEMENT OF AUXILIARY For the Year Ended

Student Hous ing

Faculty & Staff Hous ing

Food Services

STORES Bookstore

$ 2,150,737.60 $ 222,382.13
329,636.42 3,559,946.22
353,341.38
304,414.59 365,834.64 1,026,763.43 424,393.62 418,343.51 380,747.40 716,161.33 553,567.25
528,541.24

145,543.85

$ 1,486,929.61 195,262.01
491,389.54 3,507,770.46

$ 1,527,372.61 220,278.46
1,204,466.84 707,816.48
3,153,684.10

2,078.35

584,047.63

15,970.23 64,070.66
45,394.63 16,965.79

358,467.05
1,330,711.88 281,538.99 547,742.04 45,636.41 778,240.05

113,664.16 260,310.35 374,350.95 428,520.54 116,579.91 315,328.37 581,627.52 213,090.49 198,457.16 136,497.18 495,684.17 311,072.17

501,860.80

276,632.25 193,176.74

24,948.44
455,252.43 223,076.94
2,176.94

4,268.91

86,664.58 479,799.91

35,593.48 119,002.73 232,340.70 154,709.99
23,850.85 133,494.83 112,178.81
74,679.46 265,017.85 189,885.62 173,860.84 128,570.84
26,301.66

$12,040,265.51 $ 294,292.42 $10,676,060.96 $12,498,098.11

24

OF GEORGIA
ENTERPRISES EXPENDITURES June 30, 1977

Snack Bar

$

$

16,063.35
55,434.49 93,529.20 80,897.43 197,141.55 44,042.88
62,063.13 51,005.44 63,311.18
6,940.92 110,311.51
88,676.76 68,212.84
82,908.40 171,309.36
63,711.64 16,692.66 109,458.91 90,951.89
139,325.10 60,538.85 31,904.44

Other

Health

OTHER SERVICE UNITS

Parking

Bus Operations

$ 518,530.17 $ 20,218.23

57,725.79

59,113.39 1,452,145.28

52,972.61

144,504.57 $
100,054.07 220,345.03

62,735.35 9,532.23

51,485.37

13,709.14 77,503.66 56,267.52 171,112.60 48,311.46 75,197.58 67,475.20 121,556 .6 6 142,979.76
75,111.58

3,615.08 15,661.05
735.10 33,774.28
4,009.98
60,814.78

136.71 3,389.51 5,933.97
245.72 5,169.50
219.70
8,275.58
12,047.90

575.07

44,251.69 31,304.73

4,136.60 898.30

Other

Total

162,264.44 2.09
54,228.34 8,149.09
1,723,677.09

$ 6,198,618.20 658,142.92
1,358,749.25 1,816,449.95 13,471,012.29

47,424.36 8,191.85 8,047.59 9,534.81
46,514.72 520,891.80 206.877.57
2,992.93 42,920.27 358,797.42 123,082.89 363.204.57

1,218,495.21 362.031.40 466,911.05 664.703.80 966,882.55
1,329,062.06 3,464,661.50 1,030,512.41 1.391.366.37 1,013,280.02 2,405,851.39 1,379,099.33

91,370.84 6,747.91

1.574.241.37 268,137.49

193.13 3,931.23 1,182.81
8.159.07 21,285.04
14,387.21 69.06
9.590.08 189,561.02
560.89

35,593.48 202,679.33 407,581.29 219,604.44
40,543.51 251.112.81 224,415.74 186,292.48 422.615.41 250,493.53 ,203,064.90 573,621.83
26,862.55

2,623.04

4,799.98

3 027.761.26 $ 587,609.19 $ 113,296.14 $ 4,036,463.16 $45,087,489.84

25

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF REVENUE FOR STUDENT AID For the Year Ended June 30, 1977

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Agricultural Experiment Station Cooperative Extension Service
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Regents Central Office Medical Scholarships Regents Scholarships
TOTALS

Federal

GIFTS AND GRANTS PUBLIC
Other

Private

Endowment

.
Total

$ 752,567.19 $ 1,050,056.75 193,057.00 1,952,624.03
1,838,102.00 449,690.00 420,610.50 781,370.39
1,446,260.95 426,482.63 642,100.08 348,156.84 240,771.51
1,836,268.05 755,294.00 603,629.72
506,656.43 446,784.18 619,949.40
60,530.44 249,968.00 141,704.55
97,897.60 83,416.27 148,612.00 170,278.92 150,990.55 92,154.17 239,434.18 248,843.90 444,973.40 55,656.86

$ 16,048.24
250.00
4,555.00 384.00
2,607.00 6,907.90

542,Q06.88 $ 30,445.80 32,402.18
337,940.25 600.00
27,105.00 21,139.29 41,629.23
1,393.00 78,868.00
15,345.00 11,780.45
812.00 23,993.00
314.90
13,872.80 16,910.60
2,900.00
3,445.00 850.00

146,505.33 965.00
83,746.32

$ 1,441,079.40 1,081,467.55 225,459.18 2,390,358.84 850.00 27,105.00

9,011.00 9,167 .00
6,280.13

1,859,241.29 491,319.23 422,003.50 860,238.39
1,455,271.95 440,204.63 657,829.08 359,937.29 247,051.64
1,837,080.05 755,294.00 627,622.72

2,250.00 1,350.00 5,136.00

506,971.33 446,784.18 619,949.40
60,530.44 266,090.80 158,615.15 100,504.60
86,316.27 156,869.90 170,278.92 150,990.55
97,290.17 239,434.18 248,843.90 448,418.40
56,506.86

345,000.00 2 0 0 ,0 0 0 . 0 0

345,000.00 2 0 0 ,0 0 0 . 0 0

$17,494,892.49 $ 575,752.14 $ 1,,203,753.38 $ 264,410.78 $19,538,808.79

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF EXPENDITURES FOR STUDENT AID For the Year Ended June 30, 1977

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Agricultural Experiment Station Cooperative Extension Service
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Regents Central Office Medical Scholarships Regents Scholarships
TOTALS

Scholarships

Fellowships

Prizes & Awards

Other Student Aid

Total

S 563.112.10 $ 123,302.80 193,589.18
1,692,876.25

190,590.71 $
590,948.92 850.00
27,105.00

4,437.0 0 46,379.23
2,643 .00 81,168.00
9*011.00 9,567.00 30,492.13 11*780.45 8,180.13

3,900.00

23,993.00
2,484.00 22*194.80

21,662.80 22^490.60 97*897.60
2*900.00 3 ^0 0 0 . 0 0

8 ,6 8 6 . 0 0 2^324.98 8,145 .00 3,445.00
*850.00

470.00 $ 2,987.97

686,906.59 958,164.75
31,870.00 103,545.70

$ 1,441,079.40 1,081,467.55 225,459.18 2,390,358.84 850.00 27,105.00

21,139.29 2,684.00

1,833,665.00 444,940.00 419,360.50 779,070.39
1,446,260.95 424,053.63 627,336.95 348,156.84 238,871.51
1,837,080.05 755,294.00 603,629.72

1,859,241.29 491,319.23 422,003.50 860,238.39
1,455,271.95 440,204.63 657,829.08 359,937.29 247,051.64
1,837,080.05 755,294.00 627,622.72

504,487.33 424,589.38 619,949.40
60,530.44 244,428.00 136,124.55
2,607.00 83,416.27 153,869.90 170,278.92 150,990.55 88,604.17 237,109.20 240,698.90 444,973.40 55,656.86

506,971.33 446,784.18 619,949.40
60,530.44 266,090.80 158,615.15 100,504.60
86,316.27 156,869.90 170,278.92 150,990.55
97,290.17 239,434.18 248,843.90 448,418.40
56,506.86

335.000. 00 2 0 0 .0 0 0 . 0 0
$ 3,531,612.05 $ 813,394.63 $

335.000. 00 2 0 0 .0 0 0 . 0 0
27,281.26 $15,156,520.85 $19,528,808.79

27

Georgia Institute of Technology Georgia State University Miedical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Skidaway Institute of Oceanography Regents Central Office:
Building Authority Lease Rentals
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF PLANT For the Year Ended

State Appropriation

GIFTS Private

$

$ 438,515.11

62,290.92

70,000.00

4,500.00 28,396.96

1 0 ,0 0 0 . 0 0

8,195.65

2,728.06 216.00
(556.00)

19,788,000.00 $19,867,444.00 $ 544,842.70

28

OF GEORGIA
FUND REVENUE June 30, 1977

AND G RA N T S

Public

Federal

Other

Auxiliary Enterprises

Other Revenue

Interest From
Investments

Total Plant Fund
Revenue

$

$

239,817.12

32,586.68

? 16,736.00
18.72

312,633.79 $

i!

18,871.99

181,184.66

982,733.19

1,415,574.87

11,594.76 2,255.50

150.61

36,648.04
97,626.40 285,926.21

$ 787,796.94 97,898.91
283,311.06 3,022,467.07

11,745.37 2,255.50

1,679.10 24,554.62

26,190.23

9,874.75 60,744.85

40,621.58
6,507.62 4,347.00 226,139.50 5,890.30

1,800.00

40,621.58 1,800.00 6,507.62 4,347.00
226,139.50 5,890.30

73,756.39 435.00

7,315.74 2,775.51

83,800.19 3,210.51

571.09 3,285.00 1,468.87
5,102.39 2,852.35
867.00 9,168.81
225.00 44,761.86
734.02

1,551.01
9,150.07 5,422.41 1,169.33

2.062.50 5,637.46
2,487.44 5.497.50
14,673.61

1,767.01 571.09
3,285.00 1,468.87 2,062.50 43,326.53 2,296.35
867.00 11,656.25 14,872.57 44,761.86
6,156.43 15,842.94

42,000.00

1,162.08 2,807,501.00

43,162.08 22,595,501.00

$ 272,403.80 $

58,754.72 $ 4,770,904.47 $ 1,471,099.78 $ 450,559.16 $27,436,008.63

29

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College North Georgia College Savannah State College Valdosta State College West Georgia College
Abraham Baldwing Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Skidaway Institute of Oceanography Regents Central Office:
Building Authority Lease Rental
TOTALS

UNIVERSITY SYSTEM
STATEMENT OF PLANT For the Year Ended

PLANT

AD

Buildings &

Additions to

Land

BuiId ings

D IT I0 Improvements Other Than Buildings

$

71,368.78 $ 258,476.24 $ 240,633.25

5,557.14

89,277.56

154,672.22

92,499.90

510.68

830,100.74

331,655.61

5,008.00 21,190.23
1,800.00 2,093.18 35,396.27
29,454.63
8,720.52
16,468.69
691.75 6,684.32 33,747.39
752.62 5,453.02 2,366.00

15,000.00
131,065.12 2,153.75 189.00 814.55
64.11
2,400.00 4,669.79 43,351.84 72,968.00

$ 71,879.46 $ 1,418,632.96 $ 1,026,742.48

30

OF GEORGIA
FUND EXPENDITURES June 30, 1977

N__S

Building

Authority

Equipment________ Rentals

Debt Service

Total Expenditures

$ 210,487.57 $

$

3,064.21

37,094.40

1,848,188.10

11,745.37 2,255.50

4,866.75 24,554.62

40,621.58

871.00 4,347 .00 59,678.11 5,890.30

51,617.50 3,009.88

1,662.00 571.09

1,468.87

5,102.39 2,852.35
866.81 12,567.06
225 .00 11,014.47
734.02 1,009.92

1,162.08

22,595,501.00

43,180.00

$ 824,145.84 97,898.91
284,266.52 3,010,455.13

11,745.37 2,255.50

9,874.75 60,744.85

40,621.58 1,800.00 2,964.18 4,347.00
226,139.50 5,890.30

83,225.88 3,198.88

2,476.55 571.09
8,720.52 1,468.87
64.11 21,571.08
2,852.35 866.81
15,658.81 6,909.32
44,761.86 6,156.43
49,814.78

76,496.08

22,595,501.00

$ 2 347 527.95 $22,595,501.00 $ 43,180.00 $27,503^463^85

Regents Central Office F IN A N C IA L REPORT
For the Year Ended June 30,1977

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

Shealy McCoy
Vice Chancellor for Fiscal Affairs and Treasurer

william N- Perr*
Assistant Treasurer

33

REGENTS CENTRAL OFFICE
BALANCE SHEET June 30, 1977

ASSETS Petty Cash Cash in Banks - Demand Cash in Banks - Time Appropriation Receivable Other Receivables Investments Investment in Plant
TOTAL ASSETS
LIABILITIES AND FUND BALANCES Accounts Payable Fund Balances: Unallocated (Surplus) Allocated Other
TOTAL LIABILITIES AND FUND BALANCES

Regents Central Office

Restricted Funds

Auxiliary Enterprises
Funds

LOAN FUNDS

$

10 .0 0 $

14,890.79

3,730,224;37

_

3.47

-

-

-

$ 3,745,128.63 $

-

$

-

$

-

$

-
-

$

-

ENDOWMENT FUNDS

PLANT Unexpended

FUNDS Expended

AGENCY FUNDS

$

63.77

-

961,000.00

-

-

_

-

$ 961,063.77 $

_

$

-

-

"

$ 83,104.23
6,544,975.80 -

1,811,835.661

294,987.00

$ 1,811,835.66 $ 6,923,067.03

$ 2,634,784.76 $

-

1,110,343.87

-

"

$ 3,745,128.63 $

-

$

-

*

$

-

$

-

-
"

$

-

$

-

_

$

-

-

-

961,063.77

-

$ 961,063.77 $

-

$

$

1,811_,835.66

2 6 Q?^ r>67 03

$ 1,811,835.66 $ 6,923,067.03

^See Explanatory Paragraph on Page 7.
2 Includes Proceeds From the Sale of Radio Station WGST and Related Interest Totaling $5,744,975.80.

REGENTS CENTRAL OFFICE
STATEMENT OF CHANGES IN FUND BALANCES For the Year Ended June 30, 1977

BALANCE, JULY 1, 1976

CUR Regents Central Office

R E N T F U N Di S

Auxiliary

Restricted

Enterprises

Funds

Funds

$ 217,629.34 $

$

$

LOAN FUNDS
.

ADDITIONS:

Excess Revenue over Expenditures Private Gifts

$ 1,110_,309.65 $

Income from Investments

-

-

Adjustments from: Accounts Payable 6/30/76

34.22

_

Surplus-(Lapse) or Distribution

(217,629.34)

-

Additions to Physical Properties:

Current Funds

Other
Other Sources w
Ln
TOTAL ADDITIONS

_

-

$ 892,714.53 $

$
-
-
_
-
-
$

$
-
-
-
-

_ -

$

_

DEDUCTIONS: Other Deductions
BALANCE, JUNE 30, 1977

$

$

$ 1,110,343.87 $

$

$

-

$

$

-

ENDOWMENT FUNDS

PLAN T FUNDS

Unexpended

Expended

AGENCY FUNDS

$ 877,236.49 $

.37 $ 433,087.27 $ 7,172,237.52

$

$

35,395.11

49,091.47

-
|
_
-
-

$ 84,486.58 $

$

$

"

-

|

"

-

-

-

(.37)

-

6,288.67

-

-

1,379,205.00

-

-

-

23,109,186.48

(37) $ 1,385,493.67 $23,109,186.48

$

659.30 $

$ 961,063.77 $

-

$

6,745.28 $23,358,356.97

$ 1,811,835.66 $ 6,923,067.03

REGENTS CENTRAL OFFICE
STATEMENT OF CURRENT FUNDS REVENUES For the Year Ended June 30, 1977

A. EDUCATIONAL AND GENERAL REVENUE FROM GENERAL OPERATIONS Governmental Appropriations - State of Georgia Regents Office Grants to Junior Colleges (DeKalb) Southern Regional Education Board: Administrative Emory University Medical Student Grants MeHarry Medical College (Medicine) Southern School of Optometry (Memphis) University of Alabama in Birmingham (Optometry) Tuskegee Institute (Veterinary Medicine) Teachers Retirement - State Portion (University Sys General Revenue Sharing Endowment Income Other Sources - Leases TOTAL REVENUE FROM GENERAL OPERATIONS
REVENUE FROM SPONSORED OPERATIONS Grants, Contracts, and Gifts - Other State
TOTAL EDUCATIONAL AND GENERAL REVENUE
B. STUDENT AID Governmental Appropriations - State of Georgia Medical Scholarships Regents Scholarships State Medical Education Board Revenue Collections: Principal Repayments - Medical Scholarships Interest Repayments - Medical Scholarships Payments to Department of Law - Collection of Delinquent Accounts Payments to Department of Administrative Services Net Revenue Collections
TOTAL REVENUE FOR STUDENT AID
TOTAL CURRENT FUNDS REVENUES

General

Restricted

Revenue_________Revenue______

_____ Total

$ 2,123,235.00

$

5,040,000.00

54.000. 00 708.400.00
56,250.00 146.250.00
9,750.00 45.000. 00

8,073,067.47

12,000,455.53

659.30

2 .0 0

$28,257,069.30

$

$ 2,123,235.00 5,040,000.00
54.000. 00 708.400.00
56,250.00 146.250.00
9,750.00 45.000. 00
8,073,067.47 12,000,455.53
659.30
2 .0 0
$28,257,069.30

$ $28,257,069.30

$ 25,816.56 $ 25,816.56

$ 25,816.56 $28,282,885.86

$ 345,000.00

$

2 0 0 ,0 0 0 . 0 0

194,951.32 49,656.72

(4,350.62)

(240,257.42)

$ 545,000.00

$

$28,802,069.30

$ 25,816.56

$ 345,000.00 2 0 0 ,0 0 0 . 0 0 194,951.32 49,656.72
(4,350.62)
(240,257.42)
$ 545,000.00
$28,827,885.86

36

REGENTS CENTRAL OFFICE
STATEMENT OF CURRENT FUNDS EXPENDITURES For the Year Ended June 30, 1977

--
FUND CLASSIFICATION______ General_______ Restricted

Personal Services

OBJECT CLASSIFICATION__________

Operating

Supplies & Expenses

Equipment

A. EDUCATIONAL AND GENERAL REGENTS OFFICE - GENERAL ACTIVITIES General Administration - General $ 1,683,560.58 $

General Institutional: General

302,289.16

Grants to Junior Colleges (DeKalb)

4,371,863.28

Southern Regional Education Bd. Administrative

54,000.00

Emory University Medical Student Grants

708,400.00

MeHarry Medical College (Medicine)

41,250.00

Southern School of Optometry (Memphis)

142,000.00

University of Alabama in Birmingham (Optometry)

9,750.00

Tuskegee Institute (Veterinary Medicine)

40,000.00

Teachers Retirement - State

Portion (University System):

General

7,679,320.08

Revenue Sharing

12,000,455.53

Faculty and Staff Benefits -

Regents Office

_

123.871.02

TOTAL REGENTS OFFICE - GENERAL ACTIVITIES

$27.156.759.65 $

SPONSORED OPERATIONS

State

Ga. Dept, of Human Resources

$

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

$27,156,759.65 $

B. STUDENT AID Medical Scholarships Regents Scholarships

335.000. 00 $ 200. 000. 00

TOTAL STUDENT AID TOTAL CURRENT FUNDS EXPENDITURES

$ 535,000.00 $ $27,691,759.65 $

$ 1,324,401.64 $ 352,870.271 $

92,078.95

210,210.21

4,371,863.28

54,000.00

708,400.00

41,250.00

142,000.00

9,750.00

40,000.00

7,679,320.08 12,000,455.53
123.871.022
$21,220,127.22 $ 5.930.343.76 $

25,816.56 $ 22,454.08 $

3,362.48 $

25,816.56 $21,242,581.30 $ 5,933,706.24 $

$

$ 335,000.00 $

2 0 0 ,0 0 0 .0 0

$

$ 535,000.00 $

25,816.56 $21.242,581.30 $ 6,468,706.24 $

6,288.67
6,288.67 6,288.67 6,288.67

^Includes Consultant Fees as follows: Salary Classification Program Proposed Liability Insurance Program Evaluation

197.460.00 35,000.00
232.460.00

2Includes Expenditure of $30,000.00 to the Self-Insurance
Fund, State of Georgia for Employees Liability Coverage.

37

REGENTS CENTRAL OFFICE
STATEMENT OF TRUST FUND BALANCES For the Year Ended June 30, 1977

BALANCE OF PRINCIPAL, JULY 1, 1976
ADDITIONS: Distribution of Assets Income on Investments TOTAL ADDITIONS
DEDUCTIONS: Transfer Income Earned on Corporation Dissolution Fund to Regents Office - Unrestricted
BALANCE OF PRINCIPAL, JUNE 30, 1977

Loan Funds $
$ $
$ $

SCHEDULE OF TRUST FUND BALANCES BY FUNDS For the Year Ended June 30, 1977

Endowment Funds
$ 877,236.49
$ 35,395.11 49,091.47
$ 84,486.58

Total $ 877,236,.49

$

35,395.. 1 1

49,091. 47

$ 84,486.,58

$

659.30

$ 961,063.77

$

659..30

$ 961,063. 77

ENDOWMENT FUNDS Corporation Dissolution Fund Porter Trust Fund TOTAL ENDOWMENT FUNDS
TOTAL TRUST FUNDS

Fund Balance July 1, 1976
$ 12,136.61 865,099.88
$ 877,236.49
$ 877.236.49

Additions

$

659.30

83,827.28

$ 84,486.58

$ 84,486.58

Deductions

$

659.30

$

659.30

$

659.30

Fund Balance June 30, 1977
$ 12,136.61 948,927.16
$ 961,063.77
$ 961,063.77

REGENTS CENTRAL OFFICE
SCHEDULE OF CHANGES IN CASH BALANCES For the Year Ended June 30, 1977

CURRENT FUNDS Regents Office Grants to Junior Colleges (DeKalb) Southern Regional Education Board: Administrative Emory University Medical Student Grants MeHarry Medical College (Medicine) Southern School of Optometry (Memphis) University of Alabama in Birmingham (Optometry) Tuskegee Institute (Veterinary Medicine) Teachers Retirement - State Portion (University System) General Revenue Sharing Medical Scholarships Regents Scholarships State Medical Education Board - Revenue Collections TOTAL CURRENT FUNDS
ENDOWMENT FUNDS
PLANT FUNDS Authority Lease Rentals General Obligation Bonds Georgia Military College - Building Renovations - Governor's Emergency Fund TOTAL PLANT FUNDS
AGENCY FUNDS
TOTALS

Cash Balance Julv 1. 1976 $ 13, 305.79
$ 13,,305.79 $ 877..236.49 $ $ $ 5,551 .809.98 $ 6.442 .352.26

Receipts
$ 2,081,311.31 4,379,166.28
5 4 ,0 0 0 . 0 0 708,400.00
67,250.00 142,000.00
9,750.00 40,000.00
7,614,764.47 12,000,455.53
351.750.00 214.618.00
244.705.95 $27,908,171.54
$ 1,964.692.54
$22,595,501.00 .37
80.000.00 $22,675,501.37
$23,631,874.51
$76,180,239.96

Disbursements
$ 2,079,716.31 4,379,166.28
54,000.00 708,400.00
67,250.00 142,000.00
9,750.00 40,000.00
7,614,764.47 12,000,455.53
351.750.00 214.618.00
244.705.95 $27,906,576.54
$ 1,880.865.26
$22,595,501.00 .37
80,000.00 $22,675,501.37
$22,555,604.46
$75,018,547.63

Cash Balance June 30, 1977 $ 14,900.79
$ 14.900.79 $ 961.063.77 $ $ $ 6,628,080.03 $ 7.604.044.59

CASH BALANCES June 30, 1977

PETTY CASH
CASH IN BANKS - DEMAND DEPOSITS Chase Manhattan Bank First National Bank of Atlanta Fulton National Bank Trust Company of Georgia
TOTAL CASH IN BANKS - DEMAND DEPOSITS
CASH IN BANKS - TIME DEPOSITS Citizens and Southern National Bank First National Bank of Atlanta Fulton National Bank National Bank of Georgia Bank of Cumming
TOTAL CASH IN BANKS - TIME DEPOSITS
TOTAL CASH BALANCES

Total Cash

$

10.00

$ 25,060.10 5 g Q44.13 ^ 890.79 63.77
g 98 058.79 *
g 169,005.96
g^g q q q ^q o g ggg Q3 0 . 8 2
3 7 2 939.02 271!000.00 g 7 5 Q2 9 7 5 gg --- *--- !-------
$ 7.604.044.59 --

39

REGENTS CENTRAL OFFICE
STATEMENT OF UNEXPENDED PLANT FUNDS For the Year Ended June 30, 1977
BALANCE, JULY 1, 1976
ADDITIONS: Governmental Appropriations - State of Georgia Gifts and Grants - Auxiliary Enterprises Transfer from Institutions for Georgia Education Authority Lease Payments Surplus (Lapse) Distribution TOTAL ADDITIONS
BALANCE, JULY 1, 1976, PLUS ADDITIONS
DEDUCTIONS: Georgia Education Authority Lease Rental Payments TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1977

$

.37

$19,788,000.00
2,807,501.00 __________ (.37)

22.595.500.63 $22,595,501.00

$22,595,501.00

22,595,501.00 ___________

SCHEDULE OF OPERATION OF UNEXPENDED PLANT FUNDS For the Year Ended June 30, 1977

UNRESTRICTED : Authority Lease Rentals General Obligation Bond Payments
TOTAL UNEXPENDED PLANT FUNDS

Fund Balance July 1, 1976

Additions

Deductions

Transfers

$

$22,595,501.00 $22,595,501.00 $

.37

(.37)

$

.37 $22,595,500.63 $22,595,501.00 $

Fund Balance June 30, 1977
$
$

SCHEDULE OF CHANGES IN INVESTMENT IN PLANT For the Year Ended June 30, 1977
INVESTMENT IN PLANT, JULY 1, 1976
ADDITIONS: Expended from Current Expenditures Regents Central Office Equipment and Books Gift - Land, 306.49 Acres in Bartow County acquired following default on note assigned to Board of Regents of the University System of Georgia by Georgia Institute of Genetics upon its dissolution TOTAL ADDITIONS
INVESTMENT IN PLANT, JULY 1, 1976, PLUS ADDITIONS
DEDUCTIONS: Transfer of Surplus Equipment to D.O.A.S. Transfer of Surplus Equipment to Georgia State University Transfer of Surplus Equipment to Atlanta Junior College TOTAL DEDUCTIONS
INVESTMENT IN PLANT, JUNE 30, 1977

$ 433,087.27

$

6,288.67

1,379,205.00

1,385,493.67

$ 1,818,580.94

4,458.42 1,013.66 1,273.20

6,745.28

$ 1,811,835.66

40

LAND 2875 Habersham Road, N.W. 306.49 Acres in Bartow County TOTAL LAND
BUILDINGS Chancellor's Residence 2875 Habersham Road, N.W.
LIBRARY COLLECTIONS General Acquisitions Donations TOTAL LIBRARY COLLECTIONS
EQUIPMENT Regents Office Chancellor's Residence TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

REGENTS CENTRAL OFFICE
SCHEDULE OF INVESTMENT IN PLANT For the Year Ended June 30, 1977

Investment July 1, 1976

Additions

Deductions

Investment June 30, 1977

$

2 0 ,000.00

$

$

1 ,379.205.00

I

2 0 ,000.00

$ m 379,205.00

$

$

2 0 ,000.00

1.379.205.00

$ 1.399.205.00

S 83,794.12

$

$

$

83.794.12

$

2,810.40

$

s

2,810.40

$

718.14

$

718.14

$

$

3,528.54

$

3,528.54

$ 308,888.87

$

5,570.53

$

6,745.28

$ 307,714.12

17593.88

17,593.88

s 326,482.75

$

5,570.53

$

6.745.28

$ 325,308.00

$ 433,087.27

$ I .385,493.67

$

6.745.28

$ 1.811,835.66

SCHEDULE OF OPERATION OF AGENCY FUNDS For the Year Ended June 30, 1977

Fund Balance July 1, 1976

Collection Clearing Account - Institutions:
General Insurance
Employee Liability Fidelity Libel and Slander Money and Securities Other Equitable Insurance Premiums - Retired Personnel: James E. Boyd Harmon W. Caldwell J. H. Dewberry John 0. Eidson Jessie G. Harris Zach S. Henderson Carroll McMahon Jenny Lind Pettys L. R. Siebert Georgia Institute of Genetics - Dissolution and transfer of net assets to University System of Georgia Portrait and Gift Fund Surplus and Deficit Declared by Department of Audits - University System of Georgia Institutions for Fiscal Year Ended June 30,
1976: Educational and General/Unexpended Plant
Funds Regents Scholarships

1,199,356.62 353.89

Receipts
$ 1,204,183.45 114,752.00 7,109.00 2,389.52 36,000.00 16,260.19
471.84 426.84 456.84 259.80
48.00 233.16 225.00 184.00 137.52
25,712.59
765,244.33 8,498.73

Disbur sements
$ 1,204,183.45 114,752.00 7,109.00 2,389.52 36,000.00 16,260.19
471.84 426.84 456.84 259.80
48.00 233.16 225.00 184.00 137.52
1,199,356.62
765,244.33 8,498.73

Fund Balance June 30, 1977
25,712.59 353.89

41

REGENTS CENTRAL OFFICE SCHEDULE OF OPERATION OF AGENCY FUNDS (Cont)

U. S. Savings Bond Payroll Deductions: Howard Jordan, Jr. Joe B. Lawley Thomas E. Mann
WGST Radio Station - Purchase by Meredith Corporation (Board of Regents - Clark Howell Fund - Georgia Institute of Technology)
E. I. Barnes Fund - Retirement Present Hugh Garner Memorial -- Glenn County Heart Fund Group Hospitalization - Administered by
Equitable Life Assurance Society of the United States Transmittal of State Appropriation to Institutions :
Educational and General Regular Governor's Emergency Fund
Resident Instruction - Major Replacement Fund
Unexpended Plant Funds Regular Governor's Emergency Fund
TOTAL AGENCY FUNDS

Fund Balance July SR 1976

$

56.25

65.00

50.00

5,575,495.19

396,860.57

$ 7,172,237.52

Receipts

$

450.00

480.00

300.00

417,480.61 340.00 18.00
6,589,608.06

11,499,912.00 4,000.00
1,669,505.00
734,500.00 1 0 ,0 0 0 . 0 0
$23,109,186.48

1 Automated Cash Transmittals in the amount of $216,371,000.00 are not included.

Disbursements

Fund Balance June 30, 1977

$

450.00

$

487.50

300.00

56.25 57.50 50.00

248,000.00 18.00
5,834,947.63

5,744,975.80 340.00
1,151,521.00

11,499,912.001 4,000.00
1,669,505.00
734,500.00 1 0 ,0 0 0 . 0 0
$23,358,356.97

$ 6,923,067.03

42

REGENTS CENTRAL OFFICE UNIVERSITY SYSTEM OF GEORGIA
REGENTS ALLOTMENT ACCOUNT FISCAL YEAR 1977

STATE APPROPRIATION AVAILABLE General Appropriations Act of 1976 House Bill 1350 - Section 35 Indirect DOAS Funding - Communications General Appropriations Act of 1976 (Amendment) House Bill 94 - Section 35 (Net Adjustment)
Governor's Emergency Fund Executive Order 19 - Dated December 1, 1976 Executive Order 26 - Dated January 10, 1977 Executive Order 62 - Dated April 4, 1977 Executive Order 8 6 - Dated May 25, 1977
Total Governor's Emergency Fund
TOTAL STATE APPROPRIATION AVAILABLE
ALLOCATIONS BY THE BOARD OF REGENTS General Operations Teaching Institutions Non-Teaching Institutions Other Activities Regents Central Office SREB Payments Grants to Junior Colleges - DeKalb College Teachers Retirement Total Other Activities Total General Operations
Capital Outlay Plant Renovations and Improvements Authority Lease Rentals
Total Capital Outlay
Scholarships Regents Scholarships Medical Scholarships
Total Scholarships
TOTAL ALLOCATIONS

$281,850,182.00 3,500,000.00
277,497.00

$

10 ,000.00

90.000. 00

16.000. 0 0

65,600.00

181,600.00

$285,809,279.00

$ 2,123,235.00 1,019,650.00 5,040,000.00
20.073.523.00

$202,671,992.00 34.467.879.00
28.256.408.00

$265,396,279.00

$

80,000.00

19,788,000.00

19,868,000.00

$ 200,000.00 345,000.00

545,000.00

$285,809,279.00

43

REGENTS CENTRAL OFFICE UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS For the Year Ended June 30, 1977

Georgia Institute of Technology Engineering Experiment Station Engineering Extension Division Southern Technical Institute
Georgia State University Medical College of Georgia
Eugene Talmadge Memorial Hospital University of Georgia
Agricultural Experiment Stations Cooperative Extension Service Marine Resources Extension Center Veterinary Medicine Experiment Station
Albany State College Armstrong State College Augusta College Columbus College Fort Valley State College Georgia College 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 Atlanta Junior College Bainbridge Junior College Brunswick Junior College Clayton Junior College Dalton Junior College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Kennesaw Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College Skidaway Institute of Oceanography
Sub-Total
Authority Lease Rentals Grants to Junior Colleges (DeKalb) Medical Scholarships Regents Central Office Southern Regional Education Board:
Administrative Emory University Medical Student Grants MeHarry Medical College (Medicine) Southern School of Optometry (Memphis) University of Alabama in Birmingham
(Optometry) Tuskegee Institute (Veterinary Medicine) Teachers Retirement - State Portion (University System)
TOTAL ALLOCATIONS

Educational & General
Operations
$ 20,103,100.00 2,433,441.00 243,038.00 2,261,125.00
29,839,008.00 20,703,298.00 11,723,300.00 55,977,330.00
9,663,593.00 8,916,636.00
388,090.00 526,000.00
3,375,400.00 2,913,273.00 3,082,475.00 4,530,875.00 4,025,465.00 3,530,800.00 7,540,500.00 3,434,759.00 2,352,325.00 3,645,584.00 4,770,100.00 7,175,620.00
2,349,060.00 1,734,415.00 1,273,000.00
838,000.00 1,350,450.00 2,260,140.00 1,369,350.00
715,800.00 1,352,000.00 1,299,000.00 1,090,340.00 1,944,200.00 1,678,500.00 2,039,700.00 1,492,000.00
625,000.00 573,781.00 $237,139,871.00
5,040,000.00
2,123,235.00
54,000.00 708,400.00
56,250.00 146,250.00
9,750.00 45,000.00
20,073,523.00
$265,396,279.00

Plant Additions & Improvements $
70,000.00
1 0 ,0 0 0 . 0 0

$

80,000.00

19,788,000.00

$ 19,868,000.00

Student Aid

$

8,500.00

6 ,2 0 0 . 0 0 34,200.00
5,500.00
30,800.00

6 ,1 0 0 . 0 0 5,900.00 6,600.00 8,500.00 3,200.00 6 ,1 0 0 . 0 0 9,700.00 5,400.00 6,218.00 4,400.00 8 ,1 0 0 . 0 0 9,500.00

4,200.00

2,400.00 333.00

6 ,0 0 0 . 0 0 3,200.00
336.00 2 ,1 0 0 . 0 0 3,000.00
600.00 1,805.00 3,175.00 1,400.00 4,700.00 1,833.00

$

2 0 0 ,0 0 0 . 0 0

345,000.00

$ 545,000.00

Total Allocations
$ 20,111,600.00 2,433,441.00 243,038.00 2,267,325.00
29,873,208.00 20,708,798.00 11,723,300.00 56,078,130.00
9,663,593.00 8,916,636.00
388,090.00 526,000.00
3,381,500.00 2,919,173.00 3,089,075.00 4,539,375.00 4,038,665.00 3,536,900.00 7,550,200.00 3,440,159.00 2,358,543.00 3,649,984.00 4,778,200.00 7,185,120.00
2,353,260.00 1,734,415.00 1,275,400.00
838,333.00 1,350,450.00 2,266,140.00 1,372,550.00
716,136.00 1,354,100.00 1,302,000.00 1,090,940.00 1,946,005.00 1,681,675.00 2,041,100.00 1,496,700.00
626,833.00 573,781.00 $237,419,871.00
19,788,000.00 5,040,000.00 345,000.00 2,123,235.00
54,000.00 708,400.00
56,250.00 146,250.00
9,750.00 45,000.00
20,073,523.00
$285,809,279.00

44

Georgia Institute of Technology FIN AN CIAL REPORT
For the Year Ended June 30,1977

GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, Georgia

Joseph M. Pettit
President

Ewell I. Barnes
Vice-President - Business and Finance

45

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1977

ASSETS Cash on Hand and in Transit Petty Cash Cash in Banks - Demand Cash in Banks - Time Cash Held by Bank as Agent Cash Held by Board of Regents Accounts Receivable Notes Receivable Appropriations Receivable Interfund Balances Inventories Investments Investment in Plant
TOTAL ASSETS
LIABILITIES AND FUND BALANCES Accounts Payable Accrued Retirement Expense Due to Georgia SelfInsurance Trust Fund Deferred Revenue Bonds Payable Reserves for: Matching Funds Inventories Renewals and Replacements Student Health Parking Lots Campus Transportation Sinking Fund Fund Balances: Unallocated - Surplus Allocated Other
TOTAL LIABILITIES AND FUND BALANCES

Resident

Instruction

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

--

Other Organized

$

$

21,500.00

15,000.00

1,415,258.85 202,336.98

204,200.45 1,735,000.00
415,583.28

54,248.71 99,000.00

$3,791,542.58 $370,585.69

$2,185,971.67 $278,644.79

29,020.02

27,047.82

879.65 947,495.03

210.57 78,759.00

212,500.00 415,583.28

92.93 (14,076.49) $3,791,542.58 $370,585.69

Restricted Funds

Auxiliary Enterprises
Funds

LOAN FUNDS

ENDOWMENT FUNDS

PLANT FUNDS

AGENCY

$ (1,587,622.72)

$ 16,829.80 84,679.25
147,748.47 1,300,000.00

2,563,917.69

50,536.32

$

$ 24,904.31 $

$

75,285.37 453,500.00
3,411,432.26

57,878.71 2,381,000.00
270.19 5,744,975.801

57,514.99 184,243.54

$ 1,025.00
1,486,247.49 500,000.00

(75,000.00) 617,475.10

(2,456.57)

77,456.57

2,899.38

1,949,494.64

92,694.67

147,737,939.68

$ 976,294.97 $2,142,268.94 $3,943,117.01 $10,156,067.08 $411,909.77 $147,737,939.68 $1,987,272.49

$

$ 37,398.32 $

$

$317,993.11 $

$

5,993.00

454,462.58

17,000.00

617,475.10 1,140,293.92
397,690.21 37,036.82 7,828.47

976,294.97

(555,909.48)

3,943,117.012 10,156,067.08

93,916.24
.42 147,720,939.683 1,987,272.49

$ 976,294.97 $2,142,268.94 $3,943,117.01 $10,156,067.08 $411,909.77 $147,737,939.68 $1,987,272.49

\

B?ard of Re8 ents was holding for the benefit of the Georgia Institute of Technology the proceeds from the sale of the WGST Radio Station plus the

interest paid on these invested proceeds. The entire amount of $5,744,975.80 was in the form of time deposits.

P

includes equity of National Direct Student Loans in the amount of $3,554,099.94.

includes equity of Georgia Education Authority (University) in the amount of $27,792,798.00 and equity of Trust Funds in bookstore in the amount of $426,585.81.

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1977

ASSETS Petty Cash Cash in Banks - Demand Accounts Receivable Appropriations Receivable
TOTAL ASSETS

LIABILITIES AND FUND BALANCES

Accounts Payable Accrued Retirement Expense Due to State of Georgia Self-Insurance Trust Fund

ij

Deferred Revenue

Unallocated Fund Balances - Surplus

TOTAL LIABILITIES AND FUND BALANCES

OTHER ORGANIZED ACTIVITIES

Engineering Engineering Total Other

Experiment

Extension

Organized

Station

Division

Activities

$ 15,000.00 142,721.38 46,248.36 99,000.00

$ 59,615.60
8,000.35

$302,969.74 $ 67,615.95

$ 15,000.00 202,336.98 54,248.71 99,000.00
$370,585.69

$275,701.24 27,047.82 210.57
1 0 .1 1

$ 2,943.55
78,759.00 (14,086.60)

$278,644.79 27,047.82 210.57 78,759.00 (14,076.49)

$302,969.74 $ 67,615.95 $370,585.69

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CHANGES IN FUND BALANCES For The Year Ended June 30, 1977

BALANCE, JULY 1, 1976 ADJUSTMENTS PER STATE
AUDIT

$ 1,966,116.82

ADJUSTED BALANCE, JULY 1, 1976

$ 40,427.05 $(38,210.66) $ 810,128.38 $(463,980.85) $3,860,379.15 $ 9,539,140.61

ADDITIONS:

Excess of Revenue over

Expenditures Private Gifts

$ (5,853.31)

Governmental Grants

and Contracts

Private Grants and

Contracts

Endowment Funds

Receipt of Additional Funds

from Sale of WGST

Income from Investments

Net Gain on Sale of

Investments

Adjustments from:

Accounts Payable 6/30/ Cash Receipts - Prior
Year Voided Checks - Prior

15,804.05 194.00

Year
Expenditures - Prior Year
Other

180.73 1 ,0 2 1 . 1 0

Surplus - (Lapse) or

Distribution
Additions to Physical Properties

(40,427.05)

Current Funds

Unexpended Plant Funds

GEA (University)

Other

Retirement of Bonds

Payable

Other Sources

Interfund Transfers

$(12,744.01)
2,818.62 400.00 1.25 255.00
38,210.66

$ 541,843.47
17,546,939.63 4,277,815.95
(7,826.16)
174,063.71

$ 410,575.85
2,283.47 461.91 5.00

$ 5,614.67
51,042.00 66,432.03
9,120.84

15,065.50 169,005.96 1,052,235.92
1,355.38
(183,184.55)

$ $(36,348.90) $

.90 $ 1,966,116.82

(.49)

4,430,266.86 779,738.44
1,963,856.54 638,004.01

42,000.00

15,763,066.90

TOTAL ADDITIONS

$(29,080.48) $28,941.52

$22,532,836.60

$413,326.23

$ 132,209.54 $ 1,054,478.21 $(36,349.39) $ 7,853,865.85 $15,763,066.90

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CHANGES IN FUND BALANCES For The Year Ended June 30, 1977

Resident Instruction

CURRENT FUNDS

Other Organized

Restricted

Auxiliary Enterprises

LOAN

ENDOWMENT FUNDS

PLANT FUNDS

Unexpended

Expended

AGENCY FUNDS

DEDUCTIONS: Adjustments from Accounts Receivable 6/30/76 Retroactive Computer Rate Changes - Prior Year Provisions for Reserves: Matching Funds Inventories Renewals and Replacements Student Health Parking Lots Campus Transportation Sinking Fund Trust Fund Expenses Loan Cancellations Distributions per Trust Provisions Reduction in Basis of Assets Disposals and Transfers of Plant Properties Losses, Adjustments, and Reclassifications of Plant Properties Other Deductions Disbursements and Transfers
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1977

$ 549.76
2,938.53
(31,113.34) 38,878.69

$ 11,253.64

$

92.93

$ (657.05) $ 5,464.40
22,366,670.01 $ 4,807.35 $22,366,670.01 $(14,076.49) $ 976,294.97

$ 1,077.35 $

$

$

$

$

80,217.22
334,183.86 44,911.18 37,036.87 7,828.38

21,309.68 28,162.00

22,928.38

(36,349.32)

357,587.12 57,036.24

2,355,445.39
1,696,294.68 15,741,911.23

$ 505,254.86 $(555,909.48)

$ 49,471.68 $3 ,943,117.01

$ 437,551.74 $(36,349.32)

$10,156,067.08 ' $

.42

$ 4,051,740.07 $147,720,939.68

$15,741,911.23 $ 1,987,272.49

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CHANGES IN FUND BALANCES
For The Year Ended June 30, 1977
BALANCE, JULY 1, 1976 ADJUSTMENTS PER STATE AUDIT
ADJUSTED BALANCE, JULY 1, 1976
ADDITIONS: Excess of Revenue Over Expenditures Adjustments from: Accounts Payable 6/30/76 Cash Receipts - Prior Year Voided Checks - Prior Year Expenditures - Prior Year Surplus - (Lapse) or Distribution
TOTAL ADDITIONS
DEDUCTIONS: Adjustment of Accounts Receivable 6/30/76 Retroactive Computer Rate Changes - Prior Year
TOTAL DEDUCTIONS
BALANCE, JUNE 30, 1977

OTHER ORGANIZED ACTIVITIES

Engineering Engineering Total Other

Experiment

Extension

Organized

Station

Division

Activities

$ 3,041.29 17,014.00

$(17,893.68) $(14,852.39) (40,372.27) (23,358.27)

$ 20,055.29 $(58,265.95) $(38,210.66)

$ 2,057.37 $(14,801.38) $(12,744.01)

2,268.84
1.25 255.00 (20,055.29)

549.78 400.00
58,265.95

2,818.62 400.00 1.25 255.00
38,210.66

$(15,472.83) $ 44,414.35 $ 28,941.52

$ (892.05) $ 5,464.40

235.00

$ (657.05) 5,464.40

$ 4,572.35 $

235.00 $ 4,807.35

$

1 0 . 1 1 $(14,086.60) $(14,076.49)

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY STATEMENT OF CURRENT FUNDS REVENUES For The Year Ended June 30, 1977

A. EDUCATIONAL AND GENERAL RESIDENT INSTRUCTION REVENUE FROM GENERAL OPERATIONS Student Tuition and Fees Governmental Appropriations - State Endowment Income Gifts and Grants Indirect Cost Recoveries Sales and Services of Educational Departments Other Sources
TOTAL REVENUE FROM GENERAL OPERATIONS
REVENUE FROM DEPARTMENTAL SALES AND SERVICES
REVENUE FROM SPONSORED OPERATIONS Grants, Contracts, and Gifts - Research Grants, Contracts, and Gifts - Instruction Foundation Supplements Grants, Contracts, and Gifts - Other Sponsored Programs
TOTAL REVENUE FROM SPONSORED OPERATIONS
TOTAL RESIDENT INSTRUCTION
ENGINEERING EXPERIMENT STATION REVENUE FROM GENERAL RESEARCH OPERATIONS
Governmental Appropriations - State Endowment Income Indirect Cost Recoveries Other Sources
TOTAL REVENUE FROM GENERAL RESEARCH OPERATIONS
REVENUE FROM SPONSORED RESEARCH OPERATIONS Grants, Contracts, and Gifts - Research Sales and Services
TOTAL REVENUE FROM SPONSORED RESEARCH OPERATIONS
TOTAL ENGINEERING EXPERIMENT STATION
ENGINEERING EXTENSION DIVISION REVENUE FROM GENERAL OPERATIONS
Fees Governmental Appropriations - State Governmental Support Endowment Income Indirect Cost Recoveries
TOTAL REVENUE FROM GENERAL OPERATIONS
REVENUE FROM SPONSORED OPERATIONS Grants, Contracts, and Gifts - Instruction Grants, Contracts, and Gifts - Other Sponsored Programs
TOTAL REVENUE FROM SPONSORED OPERATIONS
TOTAL ENGINEERING EXTENSION DIVISION
TOTAL EDUCATIONAL AND GENERAL REVENUE
B. STUDENT AID Gifts - Federal

General Revenue

Restricted Revenue

Total

$ 9,315,161.84 $ 20,103,100.00 128,000.00 106,273.53 2,065,846.19 24,035.61 157,336.51
$31,899,753.68 $
$ 746,457.51 $

$ 9,315,161.84 20,103,100.00 128,000.00 106,273.53 2,065,846.19 24,035.61 157,336.51
$31,899,753.68
$ 746,457.51

$

$ 5,865,304.25 $ 5,865,304.25

742,508.76

742,508.76

591,485.86

591,485.86

39,429.02

39,429.02

$

$ 7,238,727.89 $ 7,238,727.89

$32,646,211.19 $ 7,238,727.89 $39,884,939.08

$ 2,433,441.00 $ 1,482.57
2,873,696.38 532,881.40
$ 5,841,501.35 $

$ 2,433,441.00 1,482.57
2,873,696.38 532,881.40
$ 5,841,501.35

$

$ 8,597,120.48 $ 8,597,120.48

45,748.14

45,748.14

$

$ 8,642,868.62 $ 8,642,868.62

$ 5,841,501.35 $ 8,642,868,62 $14,484,369.97

$ 433,617.03 $ 243,038.00 85,140.39 7,990.00 10,795.63
$ 780,581.05 $

$ 433,617.03 243,038.00 85,140.39 7,990.00 10,795.63
$ 780,581.05

$

$

9,050.59 $

9,050.59

14,896.08

14,896.08

$

$

23,946.67 $

23,946.67

$ 780,581.05 $

23,946.67 $ 804,527.72

$39 ,268,293.59 $15,905,543.18 $55 ,173,836.77

752,567.19 $ 752,567.19

51

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

STUDENT AID (Continued) Gifts - Private Endowment Income Alumni Clubs - Scholarships
TOTAL STUDENT AID
C. AUXILIARY ENTERPRISES GEORGIA INSTITUTE OF TECHNOLOGY Housing Food Services Bookstore Other Service Units
TOTAL GEORGIA INSTITUTE OF TECHNOLOGY
SOUTHERN TECHNICAL INSTITUTE Housing Food Service Bookstore Other Service Units
TOTAL SOUTHERN TECHNICAL INSTITUTE
TOTAL AUXILIARY ENTERPRISES
TOTAL CURRENT FUNDS REVENUES

General Revenue

Restricted Revenue

Total

$

$ 525,489.88 $ 525,489.88

146,505.33

146,505.33

16,517.00

16,517.00

$

$ 1,441,079.40 $ 1,441,079.40

$ 2,401,870.06 $ 1,519,364.42 1,648,623.38 1,104,591.17
$ 6,674,449.03 $

$ 2,401,870.06 1,519,364.42 1,648,623.38 1,104,591.17
$ 6,674,449.03

$ 173,278.16 $ 148,674.89 241,521.86 29,413.03

$ 173,278.16 148,674.89 241,521.86 29,413.03

$ 592,887.94 $

$ 592,887.94

$ 7,267,336.97 $

$ 7,267,336.97

$46,535,630.56 $17,346,622.58 $63,882,253.14

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT FUNDS REVENUES For The Year Ended June 30, 1977

A. EDUCATIONAL AND GENERAL RESIDENT INSTRUCTION REVENUE FROM GENERAL OPERATIONS STUDENT TUITION AND FEES Matriculation Non-Resident Tuition Diploma Fees Examination Fees for Advanced Standing Duplicate Identification and Receipt Charges Discrepancy Charges Late Fees Other Student Fees
TOTAL STUDENT TUITION AND FEES
GOVERNMENTAL APPROPRIATIONS State of Georgia - General State of Georgia - Indirect Funding State of Georgia - Major Replacement Funds
TOTAL GOVERNMENTAL APPROPRIATIONS
ENDOWMENT INCOME
GIFTS AND GRANTS Federal Private
TOTAL GIFTS AND GRANTS
INDIRECT COST RECOVERIES Federal Research Contract Overhead Instruction Contract Overhead Administrative Expense Cost Recovery - DHEW College Work-Study Program Administrative Expense Cost Recovery - EOG Programs Administrative Expense Cost Recovery - NDSL Programs
Total Federal
State of Georgia Research Contract Overhead Instruction Contract Overhead
Total State of Georgia
Other States Research Contract Overhead Instruction Contract Overhead
Total Other States
Total State of Georgia and Other States
County and City Research Contract Overhead
Total County and City
Private Research Contract Overhead Instruction Contract Overhead Other
Total Private

General Revenue

Restricted Revenue

Total

$ 5,090,295.84 $ 4,178,179.30 15,473.20 625.00 662.50 8 ,1 2 0 . 0 0 11,406.00 10,400.00
$ 9,315,161.84 $

$19,536,000.00 $ 501,500.00 65,600.00
$20,103,100.00 $
$ 128,000.00 $

$

14,537.00 $

91,736.53

$ 106,273.53 $

$ 1, 734,174.91 $ 32,217.82
3.519.26 4.075.27 21,309.68
$ 1,,795,296.94 $

$

33,715.83 $

638.58

$

34,354.41 $

$

10,321.75 $

1,127.89

$

11,449.64 $

$ 45,804.05 $

$

8,292.34 $

$

8,292.34 $

$ 211,980.99 $ 3,962.30 509.57
$ 216,452.86 $

$ 5,090,295.84 4,178,179.30 15,473.20 625.00 662.50 8 ,1 2 0 . 0 0 11,406.00 10,400.00
$ 9,315,161.84
$19,536,000.00 501,500.00 65,600.00
$20,103,100.00
$ 128,000.00
$ 14,537.00 91,736.53
$ 106,273.53

$ 1, 734,174.91 32,217.82
3.519.26 4.075.27 21,309.68
$ ,795,296.94

$

33,715.83

638.58

$

34,354.41

$

10,321.75

1,127.89

$

11,449.64

$ 45,804.05

$

8,292.34

$

8,292.34

$ 211,980.99 3,962.30 509.57
$ 216,452.86

53

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

A. EDUCATIONAL AND GENERAL (Continued) RESIDENT INSTRUCTION (Continued) REVENUE FROM GENERAL OPERATIONS (Continued) INDIRECT COST RECOVERIES (Continued)
TOTAL INDIRECT COST RECOVERIES
SALES AND SERVICES OF EDUCATIONAL DEPARTMENTS Library Fines Transcript Fees Sale of Special Products - Textile Engineering Other Sales and Services
TOTAL SALES AND SERVICES OF EDUCATIONAL DEPARTMENTS
OTHER SOURCES Rents - Alexander Memorial Coliseum Rents - Other Facilities Salvage Sales IBM Rental - Alumni Association Insurance Recoveries Veterans Administration Reporting Fee Chemistry Breakage Fees General and Miscellaneous
TOTAL OTHER SOURCES
TOTAL REVENUE FROM GENERAL OPERATIONS
REVENUE FROM DEPARTMENTAL SALES AND SERVICES Public Service Activity Fees Xerox Services - Library Microfiche Catalogs and Supplements Post Office Revenue Physical Plant Income Campus Safety Income Cost Recovery - Office of Computing Services Student Activity Fees - Student Athletic Complex Student Activity Fees - Student Center Student Activity Fees - Publications Student Activity Fees - Dean of Students Student Activity Fees - Other Wilby Room Faculty Lounge Income
TOTAL REVENUE FROM DEPARTMENTAL SALES AND SERVICES
REVENUE FROM SPONSORED OPERATIONS GRANTS, CONTRACTS, AND GIFTS - RESEARCH
Federal State of Georgia Other States County and City Private
TOTAL GRANTS, CONTRACTS, AND GIFTS - RESEARCH
GRANTS, CONTRACTS, AND GIFTS - INSTRUCTION Federal State of Georgia Other States County and City Priva te
TOTAL GRANTS, CONTRACTS, AND GIFTS - INSTRUCTION

General Revenue

Res trie ted Revenue

Total

$ 2,065,846.19 $

$

5,768.62 $

14,684.29

74.20

3,508.50

$ 24,035.61 $

$ 13,550.00 $ 1,670.00 5,034.02 928.80
129,602.24 1,947.00 110.90 4,493.55
$ 157,336.51 $
$31,899,753.68 $

$ 36,140.82 $ 154,227.41 1,165.00 3,499.92 46,711.28 1,014.75 251,204.26 37,543.53 192,616.07 7,655.50 456.00 2,326.36 11,896.61
$ 746,457.51 $

$ 2,065,846.19

$

5,768.62

14,684.29

74.20

3,508.50

$ 24,035.61

$ 13,550.00 1,670.00 5,034.02 928.80
129,602.24 1,947.00 110.90 4,493.55
$ 157,336.51
$31,899,753.68

$ 36,140.82 154,227.41 1,165.00 3,499.92 46,711.28 1,014.75 251,204.26 37,543.53 192,616.07 7,655.50 456.00 2,326.36 11,896.61
$ 746,457.51

$

$ 5,027,088.90 $ 5,027,088.90

83,539.26

83,539.26

33,956.74

33,956.74

14,067.99

14,067.99

706,651.36

706,651.36

$

$ 5,865,304.25 $ 5,865,304.25

$

$ 393,102.29 $ 393,102.29

9,804.26

9,804.26

m

4,225.10

4,225.10

23,450.13

23,450.13

311,926.98

311,926.98

$

$ 742,508.76 $ 742,508.76

54

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

1 I 1
1 1 A
i
I
m
1 1 I
4
i t
m
i I
I w
V 1 f 1

A. EDUCATIONAL AND GENERAL (Continued) RESIDENT INSTRUCTION (Continued) REVENUE FROM SPONSORED OPERATIONS (Continued) FOUNDATION SUPPLEMENTS Georgia Tech Foundation Trust for Fuller E. Callaway Professorial Chairs
TOTAL FOUNDATION SUPPLEMENTS
GRANTS, CONTRACTS, AND GIFTS - OTHER SPONSORED PROGRAMS Federal
TOTAL GRANTS, CONTRACTS, AND GIFTS - OTHER SPONSORED PROGRAMS
TOTAL REVENUE FROM SPONSORED OPERATIONS
TOTAL RESIDENT INSTRUCTION REVENUE
ENGINEERING EXPERIMENT STATION REVENUE FROM GENERAL RESEARCH OPERATIONS GOVERNMENTAL APPROPRIATIONS
State of Georgia - General State of Georgia - Indirect Funding
TOTAL GOVERNMENTAL APPROPRIATIONS
ENDOWMENT INCOME
INDIRECT COST RECOVERIES Federal Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total Federal
State Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total State
County and City Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total County and City
Private Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total Private
TOTAL INDIRECT COST RECOVERIES
OTHER SOURCES Service Groups Technical Report Typing Services Reactor Income Salary Supplements and Reimbursements Sale of Publications Miscellaneous
TOTAL OTHER SOURCES
TOTAL REVENUE FROM GENERAL RESEARCH OPERATIONS

General Revenue

Restricted Revenue

Total

$

$ 547,540.17 $ 547,540.17

43,945.69

43,945.69

$

$ $ 591,485.86

591,485.86

$

$ 39,429.02 $

39,429.02

$

$ 39,429.02 $ 39,429.02

$

$ 7,238,727.89 $ 7,238,727.89

$32,646,211.19 $ 7,238,727.89 $39,884,939.08

$ $ 2,315,841.00
117,600.00

$ $ 2,433,441.00

$

$ 1,482.57

$ $ 1,845,437.35 309,292.79
$ $ 2,154,730.14
$ $ 77,261.26 13,040.45
$ $ 90,301.71
$ $ 62,807.15 6,805.63
$ $ 69,612.78
$ 535,212.31 $ 23,839.44
$ 559,051.75 $
$ $ 2,873,696.38
$ $ 363,561.25
3,697.17 50,386.34 113,648.12
1,562.86 25.66
$ 532,881.40 $
$ 5,841,501.35 $

$ 2,315,841.00
117,600.00

$ 2,433,441.00

$

1,482.57

$ 1,845,437.35
309,292.79
$ 2,154,730.14
$ 77,261.26
13,040.45
$ 90,301.71
$ 62,807.15
6,805.63
$ 69,612.78
$ 535,212.31 23,839.44
$ 559,051.75
$ 2,873,696.38
$ 363,561.25
3,697.17 50,386.34 113,648.12
1,562.86 25.66
$ 532,881.40
$ 5,841,501.35

55

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

A. EDUCATIONAL AND GENERAL (Continued) ENGINEERING EXPERIMENT STATION (Continued) REVENUE FROM SPONSORED RESEARCH OPERATIONS GRANTS, CONTRACTS, AND GIFTS - RESEARCH Federal Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total Federal
State Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total State
County and City Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total County and City
Private Georgia Tech Research Institute Grants and Contracts Other Grants and Contracts
Total Private
TOTAL GRANTS, CONTRACTS, AND GIFTS - RESEARCH
SALES AND SERVICES Services to Georgia Tech
TOTAL REVENUE FROM SPONSORED RESEARCH OPERATIONS
TOTAL ENGINEERING EXPERIMENT STATION REVENUE
ENGINEERING EXTENSION DIVISION REVENUE FROM GENERAL OPERATIONS FEES
Registration Fees - Continuing Education Food, Housing, and Travel Fees - Continuing Education
TOTAL FEES
GOVERNMENTAL APPROPRIATIONS State of Georgia - General State of Georgia - Indirect Funding
TOTAL GOVERNMENTAL APPROPRIATIONS
GOVERNMENTAL SUPPORT Vocational Funds
ENDOWMENT INCOME
INDIRECT COST RECOVERIES Federal Instruction Contract Overhead
Total Federal
Private Other Sponsored Programs Contract Overhead Extra Overhead - Consortium Agreements

General Revenue

Restricted Revenue

Total

$

$ 5,065,396.88 $ 5,065,396.88

1,216,343.71

1,216,343.71

$

$ 6,281,740.59 $ 6,281,740.59

$

$ 194,174.27 $ 194,174.27

177,374.58

177,374.58

$

$ 371,548.85 $ 371,548.85

$

$ 143,162.16 $ 143,162.16

11,613.44

11,613.44

$

$ 154,775.60 $ 154,775.60

$

$ 1,702,444.94 $ 1,702,444.94

86,610.50

86,610.50

$

$ 1,789,055.44 $ 1,789,055.44

$

$ 8,597,120.48 $ 8,597,120.48

$

$ 45,748.14 $ 45,748.14

$

$ 8,642,868.62 $ 8,642,868.62

$ 5,841,501.35 $ 8,642,868.62 $14,484,369.97

$ 427,696.73 $ 5,920.30
$ 433,617.03 $

$ 230,838.00 $ 12,200.00
$ 243,038.00 $

$ 85,140.39 $

$

7,990.00 $

$

1,391.71 $

$

1,391.71 $

$

519.10 $

8,884.82

$ 427,696.73 5,920.30
$ 433,617.03

$ 230,838.00 12,200.00
$ 243,038.00

$ 85,140.39

$

7,990.00

$

1,391.71

$

1,391.71

$

519.10

8,884.82

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

A. EDUCATIONAL AND GENERAL (Continued) ENGINEERING EXTENSION DIVISION (Continued) REVENUE FROM GENERAL OPERATIONS (Continued) INDIRECT COST RECOVERIES (Continued) Private (Continued)
Total Private
TOTAL INDIRECT COST RECOVERIES
TOTAL REVENUE FROM GENERAL OPERATIONS

General Revenue

Restrieted Revenue

Total

$

9,403.92 $

$ 10,795.63 $

$ 780,581.05 $

$

9,403.92

$

10,795.63

$ 780,581.05

REVENUE FROM SPONSORED OPERATIONS GRANTS, CONTRACTS, AND GIFTS - INSTRUCTION
Federal Energy Research and Development Administration Department of Transportation
Total Federal
TOTAL GRANTS, CONTRACTS, AND GIFTS - INSTRUCTION

$

$

7,871.72 $

7,871.72

1,178.87

1,178.87

$

$

9,050.59 $

9,050.59

$

$

9,050.59 $

9,050.59

GRANTS, CONTRACTS, AND GIFTS - OTHER SPONSORED PROGRAMS Private American Society of Mechanical Engineers
Total Private TOTAL GRANTS, CONTRACTS, AND GIFTS - OTHER SPONSORED PROGRAMS
TOTAL REVENUE FROM SPONSORED OPERATIONS
TOTAL ENGINEERING EXTENSION DIVISION REVENUE
TOTAL EDUCATIONAL AND GENERAL REVENUE

$

$

14,896.08 $

14,896.08

$

$ 14,896.08 $ 14,896.08

$

$ 14,896.08 $ 14,896.08

$

$

23,946.67 $

23,946.67

$ 780,581.05 $

23,946.67 $ 804,527.72

$39 ,268,293.59 $15, 905,543.18 $55,,173,836.77

STUDENT AID Gifts - Federal Scholarships Fellowships Educational Opportunity Grants
Total Gifts - Federal
Gifts - Private Scholarships Fellowships
Total Gifts - Private
Endowment Income Scholarships Fellowships Prizes and Awards
Total Endowment Income
Alumni Clubs - Scholarships
TOTAL STUDENT AID

$

$

1,550.00 $

1,550.00

64,110.60

64,110.60

686,906.59

686,906.59

$

$ 752,567.19 $ 752,567.19

$

$ 411,766.43 $ 411,766.43

113,723.45

113,723.45

$

$ 525,489.88 $ 525,489.88

$

$ 133,278.67 $ 133,278.67

12,756.66

12,756.66

470.00

470.00

$

$ 146,505.33 $ 146,505.33

$

$

16,517.00 $

16,517.00

$

$ 1 ,441,079.40 $ 1 ,441,079.40

AUXILIARY ENTERPRISES GEORGIA INSTITUTE OF TECHNOLOGY HOUSING
Dormitories Armstrong Brown Caldwell

$ 89,718.81 $ 45,667.33
120,586.20

$ 89,718.81 45,667.33
120,586.20

57

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

C. AUXILIARY ENTERPRISES (Continued) GEORGIA INSTITUTE OF TECHNOLOGY (Continued) HOUSING (Continued) Dormitories (Continued) Cloudman Field Fitten Folk Freeman Fulmer Glenn Hanson Harris Harrison Hefner Hopkins Howell Matheson McDaniel Montag Perry Smith Towers General and Miscellaneous
Total Dormitories
Apartments Burge Callaway Healey General and Miscellaneous
Total Apartments
Rental Property
TOTAL HOUSING
FOOD SERVICES Brittain Bradley Student Center Couch Snack Bar
TOTAL FOOD SERVICES
BOOKSTORE
OTHER SERVICE UNITS Barbershop Concessions - Alexander Memorial Coliseum Campus Transportation Interest Earned Parking Lots Print Shop Recreation - Student Center Student Health Vending
TOTAL OTHER SERVICE UNITS
TOTAL GEORGIA INSTITUTE OF TECHNOLOGY

General Revenue

Restricted Revenue

Total

$ 53,044.12 $ 91,938.51 82,755.24
112,964.95 63,934.58 44,875.72
164,575.69 75,815.22 67,250.93 74,300.12 92,276.22 82,616.93 56,537.13
106,250.46 126,597.88
73,113.96 74,779.33 137,176.31 118,067.92 14,105.15
$ 1 ,,968,948.71 $

$

89,690.79 $

222,522.85

112,516.31

1,473.90

$ 426,203.85 $

$

6,717.50 $

'$ 2 .,401,870.06 $

$ 496,186.05 $ 119,786.77 893,941.43 9,450.17
$ 1,519,364.42 $
$ 1,648,623.38 $

$

1,,398..73 $

9,,375..34

74,,277..61

55,,661.. 1 2

191,,096..25

57,,709..17

65,,0 1 2 .,17

562,,817..62

87,,243..16

$ 1,104,,591.,17 $

$ 6,674,449.03 $

$ 53,044.12 91,938.51 82,755.24
112,964.95 63,934.58 44,875.72
164,575.69 75,815.22 67,250.93 74,300.12 92,276.22 82,616.93 56,537.13
106,250.46 126,597.88
73,113.96 74,779.33 137,176.31 118,067.92 14,105.15
$ 1,968,948.71

$ 89,690.79 222,522.85 112,516.31 1,473.90

$ 426,203.85

$

6,717.50

$ 2 .,401,870.06

$ 496,186.05 119,786.77 893,941.43 9,450.17
$ 1,519,364.42
$ 1,648,623.38

OO
cn

$

1 . .73

9,,375..34

74,,277.,61

55,,661.. 1 2

191,,096..25

57,,709.,17

65,,0 1 2 .,17

562,,817.,62

87,,243.,16

$ 1,104,,591.,17

$ 6,674,449.03

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS REVENUES (Continued)

AUXILIARY ENTERPRISES (Continued) SOUTHERN TECHNICAL INSTITUTE HOUSING
Dormitories Norton Howell General and Miscellaneous
Total Dormitories
TOTAL HOUSING
FOOD SERVICE
BOOKSTORE
OTHER SERVICE UNITS Student Health Vending
TOTAL OTHER SERVICE UNITS
TOTAL SOUTHERN TECHNICAL INSTITUTE
TOTAL AUXILIARY ENTERPRISES REVENUE
TOTAL CURRENT FUNDS REVENUES

General Revenue

Restrieted Revenue

Total

$

72,580.95 $

100,318.21

379.00

$ 173,278.16 $ $ 173,278.16 $ $ 148,674.89 $ $ 241,521.86 $

$

72,580.95

100,318.21

379.00

$ 173,278.16

$ 173,278.16

$ 148,674.89

$ 241,521.86

$ 20,841.96 $ 8,571.07

$ 20,841.96 8,571.07

$ 29,413.03 $

$ 29,413.03

$ 592,887.94 $

$ 592,887.94

$ 7,267,336.97 $

$ 7,267,336.97

$46 ,535,630.56 $17,346,622.58 $63 ,882,253.14

59

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY STATEMENT OF CURRENT FUNDS EXPENDITURES For The Year Ended June 30, 1977

A. EDUCATIONAL AND GENERAL RESIDENT INSTRUCTION Instruction and Departmental Research Research Separately Budgeted Library Student Services Operation and Maintenance of Physical Plant General Administration General Institutional before Staff Benefits Staff Benefits
TOTAL RESIDENT INSTRUCTION

FUND CLASSIFICATION

General

Restricted

__________ OBJECT CLASSIFICATION__________

Operating

Personal

Supplies &

Services

Expenses

Equipment

$14,664,627.96 5,439,621.83 1,762,243.49 616,111.13

$ 1,210,332.51 5,865,304.25

$12,702,391.70 7,388,128.38 804,711.33 572,488.63

$ 2,046,715.82 2,536,562.55 174,505.14 37,904.88

$1,125,852.95 1,380,235.15 783,027.02 5,717.62

5,590,249.57 1,904,060.11

2,511,619.84 1,574,235.37

2,973,235.40 259,301.22

105,394.33 70,523.52

978,662.66 1,696,487.75

114,854.36 48,236.77

533,113.51 1,744,724.52

478,143.03

82,260.48

$32,652,064.50 $ 7,238,727.89 $27,831,413.28 $ 8,506,368.04 $3,553,011.07

ENGINEERING EXPERIMENT STATION General Research Operations Sponsored Research Operations Operation and Maintenance of Physical Plant Staff Benefits

$ 4,910,429.17 $

$ 2,977,139.81 $ 1,323,640.50 $ 609,648.86

8,642,868.62

5,900,207.15

2,436,648.81

306,012.66

382,928.97 546,085.84

144,864.43 546,085.84

238,064.54

TOTAL ENGINEERING EXPERIMENT STATION $ 5,839,443.98 $ 8,642,868.62 $ 9,568,297.23 $ 3,998,353.85 $ 915,661.52

ENGINEERING EXTENSION DIVISION

Extension and Public Service

$

Operation and Maintenance of

Physical Plant

General Institutional

Sponsored Operations - Instruction

Other Sponsored Programs

732,289.53 $
37,893.65 25,199.25

$
9,050.59 14,896.08

430,777.19 $
11,523.68 25,181.05
3,242.41 809.15

300,038.15 $
26,369.97 18.20
5,808.18 14,086.93

1,474.19

TOTAL ENGINEERING EXTENSION DIVISION $ 795,382.43 $

23,946.67 $ 471,533.48 $ 346,321.43 $

1,474.19

TOTAL EDUCATIONAL AND GENERAL

$39,286,890.91 $15,905,543.18 $37,871,243.99 $12,851,043.32 $4,,470,146.78

B. STUDENT ATP

Scholarships

$

Fellowships

Prizes and Awards

Educational Opportunity Grants

TOTAL STUDENT AID

$

$ 563,112.10 $ 190,590.71 470.00 686,906.59
$ 1,441,079.40 $

$ 563,112.10 $ 190,590.71 470.00 686,906.59
$ 1,441,079.40 $

C. AUXILIARY ENTERPRISES GEORGIA INSTITUTE OF TECHNOLOGY Housing Food Services Bookstore Other Service Units
TOTAL GEORGIA INSTITUTE OF TECHNOLOGY

$ 2,296,281.45 $ 1.486.929.61 1.527.372.61 888,034.53
$ 6,198,618.20 $

$ 342,910.38 $ 1,953,371.07 $

547,210.64

939,718.97

245,293.58

1,282,079.03

555,346.68

332,687.85

$ 1,690,761.28 $ 4,507,856.92 $

SOUTHERN TECHNICAL INSTITUTE Housing Food Service Bookstore Other Service Units
TOTAL SOUTHERN TECHNICAL INSTITUTE

$ 222,382.13 $ 195,262.01 220,278.46 20,220.32
$ 658,142.92 $

$

30,245.75 $ 192,136.38 $

64,210.72

131,051.29

38,858.28

181,420.18

5,770.99

14,449.33

$ 139,085.74 $ 519,057.18 $

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY STATEMENT OF CURRENT FUNDS EXPENDITURES (Continued)

AUXILIARY ENTERPRISES (Continued) TOTAL AUXILIARY ENTERPRISES TOTAL CURRENT FUNDS EXPENDITURES

FUND CLASSIFICATION

General

Restricted

Personal Services

OBJECT CLASSIFICATION

Operating

Supplies & Expenses

Eauinment

$ 6,856,761.12 $

$ 1,829,847.02 $ 5,026,914.10 $

$46,143,652.03 $17,346,622.58 $39,701,091.01 $19,319,036.82 $4,470,146.78

GEORGIA INSTITUTE OF TECHNOLOGY
STATEMENT OF CURRENT FUNDS EXPENDITURES For The Year Ended June 30, 1977

FUND CLASSIFICATION

General

Restricted

OBJECT CLASSIFICATION

Operating

Personal

Supplies &

Services

Expenses

Equipment

EDUCATIONAL AND GENERAL

RESIDENT INSTRUCTION

INSTRUCTION AND DEPARTMENTAL

RESEARCH

ACADEMIC AFFAIRS

Vice President for Academic

Affairs Graduate Studies Institutional Research Co-Operative Division

$ 196,455.48 $

$ 135,041.84 $

35,892.04 $ 25,521.60

K

71,784.62

1,999.92

65,464.13

8,320.41

56,607.50

999.96

54,131.76

3,475.70

106,174.04

800.00

97,613.92

7,993.97

1,366.15

1

TOTAL ACADEMIC AFFAIRS

$ 431,021.64 $

3,799.88 $ 352,251.65 $

55,682.12 $ 26,887.75

jj

VICE PRESIDENT FOR RESEARCH

Vice President for Research

$

$

10,174.84 $

6,999.84 $

3,175.00 $

*

Office of Interdisciplinary

Programs Health Systems Research Center

363.15 40,440.51

17,744.70 96,774.87

7,571.54 112,812.38

9,536.31 24,403.00

1 ,0 0 0 . 0 0

TOTAL VICE PRESIDENT FOR RESEARCH

$

40,803.66 $ 124,694.41 $ 127,383.76 $

37,114.31 $

1 ,0 0 0 . 0 0

OFFICE OF COMPUTING SERVICES

$ 1,358,911.32 $

$ 487,732.31 $ 401,023.54 $ 470,155.47 1

ENGINEERING COLLEGE

i

Dean of Engineering College Aerospace Engineering

$ 291,352.91 $ 303,585.83

64,144.02 $ 274,557.11 $

30,395.83

286,512.76

60,774.81 $ 32,821.71

20,165.01 14,647.19

Ceramic Engineering

116,317.70

13,737.96

104,242.65

13,119.44

12,693.57

Chemical Engineering

374,626.54

86,119.91

391,381.37

54,271.24

15,093.84

Civil Engineering

929,840.83

134,013.41

739,918.48

232,731.40

91,204.36

Electrical Engineering

944,435.38

34,605.59

783,958.59

108,255.27

86,827.11

Engineering Science and Mechanics

397,095.84

25,372.80

366,127.50

50,374.64

5,966.50

Industrial and Systems Engineering

733,636.84

66,198.66

736,474.59

63,360.91

Mechanical Engineering

619,452.09

86,544.93

606,845.28

61,439.83

37,711.91

Nuclear Engineering

342,125.63

43,504.10

267,272.78

55,280.16

63,076.79

Textile Engineering

230,679.24

71,435.20

225,759.52

59,216.29

17,138.63

t

TOTAL ENGINEERING COLLEGE

$ 5,283,148.83 $ 656,072.41 $ 4 ,783,050.63 $ 791,645.70 $ 364,524.91

4*

COLLEGE OF SCIENCES AND LIBERAL

STUDIES

Dean of College of Sciences and

Liberal Studies

$ 146,908.45 $

5,649.96 $ 116,342.01 $

14,312.78 $ 21,903.62

Applied Biology

281,558.08

4,613.76

237,198.87

32,472.97

16,500.00

Chemistry

891,244.69

52,442.50

767,947.04

139,838.81

35,901.34

English

614,741.05

8,094.64

606,799.12

15,841.69

194.88

Geophysical Sciences

117,402.95

3,847.76

102,215.85

13,535.36

5,499.50

Information and Computer Science

384,363.29

101,630.57

278,321.96

103,846.12

103,825.78

Mathematics

1,070,039.48

29,319.96

1 062,872.50

34,747.31

1,739.63

Modern Languages

209,544.26

1,238.52

200,579.24

8,803.66

1,399.88

Music

30,501.71

2,999.80

28,961.68

4,394.83

145.00

Physical Education and Recreation Physics

210,106.83 853,770.03

25,195.88 47,417.81

208,469.75 764,471.92

23,678.05 83,581.78

3,154.91 53,134.14

iy

Psychology

262,431.32

19,021.94

245,865.63

29,998.57

5,589.06

y

Social Sciences

330,080.82

19,961.48

314,305.92

32,590.53

3,145.85

Air Force R. 0. T. C.

10,984.56

8,415.96

2,568.60

Army R. 0. T. C.

14,263.41

9,043.92

5,024.49

195.00

Naval Science

11,172.40

8,415.96

2,756.44

Student Athletic Complex

37,543.53

37,543.53

TOTAL COLLEGE OF SCIENCES AND

LIBERAL STUDIES

$ 5,476,656.86 $ 321,434.58 $ 4, 997,770.86 $ 547,991.99 $ 252,328.59

m

y

COLLEGE OF ARCHITECTURE

$ 965,668.70 $

51,147.21 $ 919,298.10 $

93,421.02 $

4,096.79

COLLEGE OF INDUSTRIAL MANAGEMENT

$ 1,108,416.95 $

47,432.04 $ 1 ,034,904.39 $ 118,523.70 $

2,420.90

-

iv j 62
m

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS EXPENDITURES (Continued)

FUND CLASSIFICATION General_______ Restricted

____________ OBJECT CLASSIFICATION__________

Operating

Personal

Supplies &

Services

Expenses

Equipment

A. EDUCATIONAL AND GENERAL (Continued)

RESIDENT INSTRUCTION (Continued)

INSTRUCTION AND DEPARTMENTAL

RESEARCH (Continued)

LIBRARY

$

$

3,930.00 $

$ 3,930.00

STUDENT SERVICES Dean of Students
TOTAL INSTRUCTION AND DEPARTMENTAL RESEARCH

$

$

1,821.98 $

$

1,313.44 $

508.54

$14,664,627.96 $ 1,210,332.51 $12,702,391.70 $ 2,046,715.82 $1,125,852.95

RESEARCH SEPARATELY BUDGETED

VICE PRESIDENT FOR RESEARCH

Vice President for Research

$

Office of Contract Administration

Office of Radiological Safety

Office of Interdisciplinary

Programs

Health Systems Research Center

257,696.83 158,607.26
63,015.56
80,855.99 71,776.77

3,152.00 $ 10,448.03

196,784.81 108,568.03
59,453.13

50,376.38 105,562.42

79,903.89 143,006.02

36,220.52 $ 44,838.43 12,533.40

27,843.50 5,200.80 1,477.06

51,328.48 32,630.17

1,703.00

TOTAL VICE PRESIDENT FOR RESEARCH
OFFICE OF COMPUTING SERVICES

$ 631,952.41 $ 169,538.83 $ 587,715.88 $ 177,551.00 $ 36,224.36

$

$

163.30 $

$

163.30 $

ENGINEERING COLLEGE

Dean of Engineering College

$

Aerospace Engineering

Ceramic Engineering

Chemical Engineering

Civil Engineering

Electrical Engineering

Engineering Science and Mechanics

Industrial and Systems Engineering

Mechanical Engineering

Nuclear Engineering

Textile Engineering

119, 947.,03 587, 904.,91
97, 288.,58 2 0 0 ,,277., 0 0 427, 213.,43 414, 636..39 172,,925..8 6 277,,964,.03 2 1 2 ,,917,. 0 2 113,,733,. 0 2 136,,721,.59

TOTAL ENGINEERING COLLEGE

$ 2,761,,528 .8 6

626,,059.,62 $ 89,,610.,82 $

800,,739., 2 2

1,089,,520.,46

60,,260.,38

108,,539.,58

276,,763..35

348,,424..78

453,,249..76

612,,677..36

848,,319.,09

621,,003,.0 0

181,,180.. 1 2

291,,617..55

237,,958,.55

391,,203,.40

279,,0 1 1 ,.96

243,,414,.96

137,,603,.62

230,,2 2 2 ,. 8 8

174.,204,.55

218,,382,. 1 2

540,,315. 8 6 $ 116,,079.,97

187,,724.,78

1 1 1 ,,398..89

2 2 ,361.,43

26,,647.,95

47,,774.,29

80,,841..28

216,,541., 1 0

51,,244.,73

446,,877.,74

195,,074,.74

32,,271..92

30,,216,.51

109,,718.,17

15,,0 0 1 ,. 0 1

176,,782,.79

71,,731,.23

2 1 ,,113..76

50,,911,.6 6

41,,632 .36

,075,350.22 $ 4,244,616.91 $ 1,852,393.50 $ 739,868.67

COLLEGE OF SCIENCES AND LIBERAL STUDIES Dean of College of Sciences and Liberal Studies Applied Biology Chemistry Geophysical Sciences Information and Computer Science Mathematics Physics Psychology Social Sciences
TOTAL COLLEGE OF SCIENCES AND LIBERAL STUDIES
COLLEGE OF ARCHITECTURE
COLLEGE OF INDUSTRIAL MANAGEMENT
TOTAL RESEARCH SEPARATELY BUDGETED

10,167.96 $ 112,714.32 561,146.16
98,543.10 170,717.63 128,625.75 387,670.71
40,718.84 121,917.97

$ 153,801.20 549,177.41
80,368.27 274,697.89
26,266.30 282,025.13
32,494.20 55,597.41

10,167.96 195,584.29 713,050.59 113,853.34 272,392.84 152,675.13 398,267.27
68,199.93 160,102.46

$ 46,011.62

24,919.61

219,259.72

178,013.26

25,952.02

39,106.01

64,769.00

108,253.68

2,216.92

78,823.82

192,604.75

3,425.30

1,587.81

16,519.92

893.00

$ 1,632,222.44 $ 1,454,427.81 $ 2,084,293.81 $

$ 135,888.37 $

97,824.82 $ 131,542.19 $

$ 278,029.75 $

67,999.27 $ 339,959.59 $

456,978.32 $ 545,378.12 43,407.00 $ 58,764.00 6,069.43 $

$ 5,439,621.83 $ 5,865,304.25 $ 7,388,128.38 $ 2,536,562.55 $ 1 =,380,235.15

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS EXPENDITURES (Continued)

FUND CLASSIFICATION____

General

Restricted

A. EDUCATIONAL AND GENERAL (Continued)

RESIDENT INSTRUCTION (Continued)

LIBRARY

$ 1,762,243.49 $

____________ OBJECT CLASSIFICATION__________

Operating

Personal

Supplies &

Services

Expenses

Equipment

$ 804,711.33 $ 174,505.14 $ 783,027.02

STUDENT SERVICES Dean of Students Dean of Students - Subsistence Allowance Dean of Students - Student Center Vice President for Development and Public Relations Placement Office Financial Aid Office
TOTAL STUDENT SERVICES

$ 307,269.53 $ 4,320.00
190,768.36
70,043.36 43,709.88 $ 616,111.13 $

$ 272,923.58 $ 4,320.00
190,768.36

28,628.33 $

5,717.62

60,766.81 43,709.88
$ 572,488.63 $

9,276.55 37,904.88 $

5,717.62

OPERATION AND MAINTENANCE OF PHYSICAL PLANT Supervision Building Maintenance Grounds Maintenance Custodial Services Physical Plant Stores Major Replacement Projects Campus Safety

$ 540,713.68 $ 3,635,090.64 297,379.51 730,462.09 (990.71) 64,037.12 323,557.24

TOTAL OPERATION AND MAINTENANCE

OF PHYSICAL PLANT

$ 5,590,249.57 $

$ 469,079.10 $ 64,707.23 $ 6,927.35

894,468.31

2 .,676,194.00

64,428.33

230,984.61

59,736.70

6,658.20

641,530.44

78,783.40

10,148.25

(990.71)

1,356.49

62,680.63

274,200.89

32,124.15

17,232.20

$ 2,511,619.84 $ 2,973,235.40 $ 105,394.33

GENERAL ADMINISTRATION President's Office President's Office - Subsistence Allowance Vice President for Business and Finance: Vice President for Business and Finance Financial Affairs Financial Systems and Controls Financial Data Processing Financial Applications, Maintenance, and Programming Personnel Procurement Central Receiving Registrar's Office

$ 135,156.62 $
3,999.96
97,961.58 522,251.55 148,585.97 137,265.43
26,236.70 125,550.78 129,588.44
52,805.68 524,657.40

TOTAL GENERAL ADMINISTRATION

$ 1 ,,904,060.11 $

$ 112,560.88 $ 3,999.96

20,057.88 $

2,537.86

94,115.46 463,376.33 139,413.83
98,977.25

3,846.12 36,484.92
6,473.22 38,288.18

22,390.30 2,698.92

22,499.90 114,351.59 114,056.95
42,524.32 368,358.90

242.31 8,945.19 13,544.06 2,218.16 129,201.18

3,494.49 2,254.00 1,987.43 8,063.20 27,097.32

$ 1,574,235.37 $ 259,301.22 $ 70,523.52

GENERAL INSTITUTIONAL Vice President for Planning Vice President for Development and Public Relations: Vice President for Development and Public Relations Alumni Affairs Public Relations Information Services Publications Resources Development General Expense Bicentennial Committee Commencement and Public Occasions

$ 149,451.76 $
77,265.02 31,894.96 39,167.24 23,733.40 29,007.32 40,795.61
500.00
975.95

$ 140,461.80 $

56,925.42 18,499.92

121,305.72 22,134.96 35,306.21 21,443.15 25,048.04 52,396.75

8,158.96 $

831.00

7,915.09 9,760.00 3,861.03 2,290.25 3,959.28 6,898.78
500.00
975.95

4,969.63

64

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS EXPENDITURES (Continued)

FUND CLASSIFICATION

General

Restricted

______ OBJECT CLASSIFICATION _______ _

Operating

Personal Services

Supplies & _ Expenses

Quipurent

A. EDUCATIONAL AND GENERAL (Continued)

RESIDENT INSTRUCTION (Continued)

GENERAL INSTITUTIONAL (Continued)

General Expense (Continued)

Communications - Telephone

Exchange

$

Communications - Telephone

and Telegraph

Computer System - CDC 6400

Computer Rental - Alumni

Office Insurance and Bonding

Memberships

Post Office

Pos tage

Printing

Wilby Room Faculty Lounge

Work-Study Program

Xerox Machines

Other

Total General Institutional before Staff Benefits

14,900.37 $
13,395.27 149,997.20
928.80 6,292.56 13,974.00 91,760.60 175,592.59 68,352.41 11,680.76 9,857.41 8,315.68 20,823.75
978,662.66 $

39,429.02 114,854.36 $

14,900.37 (2.50)
88,438.25 11,680.76

13,395.27 73,539.85
928.80 6,292.56 13,974.00 3,322.35 175,592.59 68,352.41
49,286.43 8,315.68
20,823.75

76,459.85

533,113.51 $ 478,143.03 $ 82,260.48

Staff Benefits

Broadcasters' Liability Insurance

$

179.45*

Group Life and Hospitalization Insurance
Professional Liability Insurance Retirement Supplements Social Security

606,451.55 7,486.31
24,443.71 1,057,926.73

Total Staff Benefits

$ 1,696,487.75

TOTAL GENERAL INSTITUTIONAL

$ 2,675,150.41

TOTAL RESIDENT INSTRUCTION

$32,652,064.50

$
48,236.77 $ 48,236.77 $ 163,091.13 $ 7,238,727.89

$

179.45

606,451.55 7,486.31
72,680.48 1,057,926.73

$ 1,744,724.52

$ 2,277,838.03

$27,831,413.28

$
$ $ 478,143.03 $ 8,506,368.04

$
$ $ 82,260.48 $3,553,011.07

ENGINEERING EXPERIMENT STATION GENERAL RESEARCH OPERATIONS
General Research Indirect Research Vacation Adjustment
TOTAL GENERAL RESEARCH OPERATIONS

$ 1,405,921.82 $ 3,542,695.04 (38,187.69)
$ 4,910,429.17 $

$ 781,190.45 $ 188,279.25

2,234,137.05

1,135,361.25

(38,187.69)

$ 436,452.12 173,196.74

$ 2,977,139.81 $ 1,323,640.50 $ 609,648.86

SPONSORED RESEARCH OPERATIONS

Georgia Tech Research Institute

$

Other Sponsored Research

Services to Georgia Tech

TOTAL SPONSORED RESEARCH

OPERATIONS

$

$ 7,105,178.25 $ 5,148,721.81 $ 1,817,900.24 $ 138,556.20

1,491,942.23

719,121.66

605,819.47

167,001.10

45,748.14

32,363.68

12,929.10

455.36

$ 8,642,868.62 $ 5,900,207.15 $ 2,436,648.81 $ 306,012.66

OPERATION AND MAINTENANCE OF PHYSICAL

PLANT

Supervision

$

Building Maintenance

Grounds Maintenance

Custodial Services

Campus Safety

1,833.57 $ 267,421.52
10,806.49 65,126.43 37,740.96

TOTAL OPERATION AND MAINTENANCE

OF PHYSICAL PLANT

$ 382,928.97 $

$

1,166.48 $

667.09 $

41,201.24

226,220.28

9,804.67

1,001.82

58.909.02

6,217.41

33.783.02

3,957.94

$ 144,864.43 $ 238,064.54 $

65

GEORGIA INSTITUTE OF TECHNOLOGY STATEMENT OF CURRENT FUNDS EXPENDITURES (Continued)

____________ OBJECT CLASSIFICATION

Operating

FUND CLASSIFICATION____

Personal

Supplies &

General

Restricted

Services

Expenses

Equipment

EDUCATIONAL AND GENERAL (Continued) ENGINEERING EXPERIMENT STATION (Continued)

8

STAFF BENEFITS

Group Life and Hospitalization Insurance

$ $ 170,118.73

$ $ 170,118.73

$



Professional Liability Insurance

1,685.15

1,685.15

Retirement Supplements Social Security

3,351.84 370,930.12

3,351.84 370,930.12

1

TOTAL STAFF BENEFITS

$ 546,085.84 $

$ 546,085.84 $

$

$I TOTAL ENGINEERING EXPERIMENT STATION $ 5 ;,839,443.98 $ 8,642,868.62 $ 9.,568,297.23

,998,353.85 $ 915,661.52

1
m

ENGINEERING EXTENSION DIVISION GENERAL OPERATIONS
Continuing Education
Industrial Education Georgia Fire Academy Minimum Standards Council Industrial Training

$ $ 582,449.25

$

$ 43,681.16

244.32

105,914.80

$ $ $ 345,455.03

235,818.53

1,175.69

1

$

$ 43,681.16 $

1


243.32

1.0 0

85,322.16

20,295.14

297.50

Total Industrial Education
Operation and Maintenance of Physical Plant Building Maintenance Custodial Services Campus Safety

$ 149,840.28 $
$ 27,008.11 $ 7,376.08 3,509.46

$

85,322.16 $

64,219.62 $

298.50

>.

$

1,991.78 $ 25,016.33 $



6,390.48

985.60

A

3,141.42

368.04

Total Operation and Maintenance

of Physical Plant

$

37,893.65 $

$

11,523.68 $

26,369.97 $

General Institutional

General Expense

$

18.20 $

$

$

18.20 $

J

Staff Benefits

Group Life and Hospitalization

Insurance

$

6,921.12 $

$

6,921.12 $

$

Social Security

18,259.93

18,259.93

'1

Total Staff Benefits

$ 25,181.05 $

$ 25,181.05 $

$

Total General Institutional TOTAL GENERAL OPERATIONS

$

25,199.25 $

$ 795,382.43 $

$ 25,181.05 $

18.20 $

$ $ $ 467,481.92

326,426.32

1,474.19



% SPONSORED OPERATIONS

SPONSORED INSTRUCTION Continuing Education

$

TOTAL SPONSORED INSTRUCTION

$

$

$ 9,050.59

$ 3,242.41

$ 5,808.18

$

$ 9,050.59

$ 3,242.41

$ 5,808.18

4j

1

OTHER SPONSORED PROGRAMS Continuing Education

$

$ $ 14,896.08

$ $ 809.15

14,086.93

A

TOTAL OTHER SPONSORED PROGRAMS

$

$ $ 14,896.08

$ $ 809.15

14,086.93

TOTAL SPONSORED OPERATIONS

$

$ $ 23,946.67

$ $ 4,051.56

19,895.11

A

TOTAL ENGINEERING EXTENSION DIVISION

$ $ $ $ $ 795,382.43

23,946.67

471,533.48

346,321.43

1,474.19



TOTAL EDUCATIONAL AND GENERAL

$39, 286,890.91 $15,905,543.18 $37,