Annual financial report, University System of Georgia, for the year ended June 30, 1987

ANNUAL FINANCIAL REPORT University System of Georgia
For the Year Ended June 30, 1987

BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA

244 Washington Street, S.W.

Atlanta, Georgia 30334

Received

FEB 17 1988

DOCUMENTS UGA LIBRARIES

ANNUAL FINANCIAL REPORT University System of Georgia
For the Year Ended June 30, 1987
BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA 244 Washington Street, S.W. Atlanta, Georgia 30334

BOARD OF REGENTS UNIVERSITY SYSTEM OF GEORGIA

John H. Anderson, Jr................. State at Large Term Expires January 1, 1990

Hawkinsville

Marie Walters Dodd ...................... State at Large Term Expires January 1, 1988

Atlanta

Jackie M. Ward ......... . Fourth District Term Expires January 1, 1991
Elridge W. McMillan ........ Fifth District Term Expires January 1, 1989

Joseph D. Greene ........ ................ State at Large Term Expires January 1, 1991

Thomson

John E. Skandalakis ....... .............. State at Large Term Expires January 1, 1988

Atlanta

Carolyn D. Yancey ....................... State at Large Term Expires January 1, 1992

Atlanta

Arthur M. Gignilliat, Jr........... ...... First District Term Expires January 1, 1990

Savannah

William T. Divine, J r ...................... Second District Term Expires January 1, 1989

Albany

Edgar L. Rhodes ............ Sixth District Term Expires January 1, 1992
W. Lamar Cousins ........... Seventh District Term Expires January 1, 1994
Thomas H. Frier, Sr.......... Eighth District Term Expires January 1, 1992
James E . Brown .............. Ninth District Term Expires January 1, 1994
John W. Robinson, Jr......... Tenth District Term Expires January 1, 1993

William B. Turner ...................... Third District Term Expires January 1, 1993

Columbus

Atlanta Atlanta
Breman Marietta
Douglas Dalton
. Winder

Elridge W. McMillan Jackie M. Ward ...., H. Dean Propst ....

OFFICERS OF THE BOARD OF REGENTS

. Chairman Vice Chair Chancellor

Henry G. Neal Jacob H. Wamsley

Executive Secretary Treasurer



table

O F CONTENTS

1
\S

MEMBERS OF THE BOARD OF REGENTS ...................................

LETTERS OF TRANSMITTAL ...............................

INSTITUTIONS OF THE UNIVERSITY SYSTEM OF GEORGIA ......................

CONDENSED COMPARATIVE FINANCIAL DATA . . . .

I

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

2

CONSOLIDATED STATEMENTS - UNIVERSITY SYSTEM OF GEORGIA ............................



REGENTS CENTRAL OFFICE - UNIVERSITY SYSTEM OF GEORGIA ....................

GEORGIA INSTITUTE OF TECHNOLOGY, Atlanta GEORGIA STATE UNIVERSITY, Atlanta . . . , MEDICAL COLLEGE OF GEORGIA, Augusta . . UNIVERSITY OF GEORGIA, Athens ..........

ALBANY STATE COLLEGE, Albany ........ ARMSTRONG STATE COLLEGE, Savannah . . . AUGUSTA COLLEGE, Augusta CLAYTON STATE COLLEGE, Morrow ........ COLUMBUS COLLEGE, Columbus .......... FORT VALLEY STATE COLLEGE, Fort Valley GEORGIA COLLEGE, Milledgeville . . . . GEORGIA SOUTHERN COLLEGE, Statesboro . GEORGIA SOUTHWESTERN COLLEGE, Amerlcus KENNESAW COLLEGE, Marietta .......... NORTH GEORGIA COLLEGE, Dahlonega . . . SAVANNAH STATE COLLEGE, Savannah . . . SOUTHERN COLLEGE OF TECHNOLOGY, Marietta VALDOSTA STATE COLLEGE, Valdosta . . . , WEST GEORGIA COLLEGE, Carrollton . . .
ABRAHAM BALDWIN AGRICULTURAL COLLEGE, Tifton ALBANY JUNIOR COLLEGE, Albany ............ ATLANTA JUNIOR COLLEGE, Atlanta . . . . . . . BAINBRIDGE JUNIOR COLLEGE, Bainbridge . . . , BRUNSWICK JUNIOR COLLEGE, Brunswick ........ DALTON JUNIOR COLLEGE, Dalton .............. DeKALB COMMUNITY COLLEGE, Decatur .......... EMANUEL COUNTY JUNIOR COLLEGE, Swainsboro . . FLOYD JUNIOR COLLEGE, Rome ................ GAINESVILLE JUNIOR COLLEGE, Gainesville . . . GORDON JUNIOR COLLEGE, Barnesvllle . . . . . . MACON JUNIOR COLLEGE, Macon , .............. MIDDLE GEORGIA COLLEGE, Cochran ............ SOUTH GEORGIA COLLEGE, Douglas ............ WAYCROSS JUNIOR COLLEGE, Waycross ..........
SKIDAWAY INSTITUTE OF OCEANOGRAPHY, Savannah

367 389 409 433 451 473 497 525 555 577 597 619 643 665 691
715 735 753 767 783 801 817 839 853 871 889 905 921 941 961
977

BOARD

OF

REGENTS OF THE UNIVERSITY SYSTEM
2 4 4 W A S H I N G T O N S T R E E T , S. W. ATLANTA, GEORGIA 30334

OF

GEORGIA

Mr. Jacob H. Wamsley Treasurer Board of Regents University System of Georgia
Dear Mr. Wamsley: I am submitting herewith the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30, 1987.
This submission represents the fortieth 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.
Gordon M. Funk Assistant Vice Chancellor for Fiscal Affairs Accounting Systems and Procedures
GMFiid

iv

OFFICE OF THE VICE CHANCELLOR FOR FISCAL AFFAIRS AND TREASURER

UNIVERSITY SYSTEM OF GEORGIA 2 4 4 W A SHING TO N STREET, S. W.
ATLANTA. GEORGIA 3 0 3 3 4

Chancellor H. Dean Propst Board of Regents University System of Georgia
Dear Chancellor Propst:

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

yt feO aO r ended TJoum nae O3A0, *11A9O8*71 .

W

The officers of the various institutions represented in this report have a s s u r e d us that e v e r y e f f o r t 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.

Respectfully submitted,

Vice Chancellor for Fiscal Affairs and Treasurer

v

VI

INSTITUTIONS OF THE UNIVERSITY SYSTEM OF GEORGIA

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

Atlanta Atlanta Augusta
Athens

SENIOR COLLEGES
Albany State College . . . . Armstrong State College . . . Augusta College ............ Clayton State College . . . . Columbus College .......... Fort Valley State College . . Georgia College . . . . . . . Georgia Southern College . . Georgia Southwestern College Kennesaw College .......... North Georgia College . . . . Savannah State College . . . Southern College of Technology Valdosta State College . . . West Georgia College . . . . ,

Albany Savannah Augusta
Morrow Columbus Fort Valley Milledgeville Statesboro
Americus Marietta Dahlonega Savannah
Marietta Valdosta Carrollton

JUNIOR COLLEGES

Abraham Baldwin Agricultural College ..................................... ' . . . . . . . . .

Albany Junior C o l l e g e ...........................

******

Atlanta Junior College . . . . .................................................................

Bainbridge Junior C o l l e g e ...................... .................................. * * * * ' * *

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

DeKalb Community C p i l e g e .......................................................... .*.*.*.*.*.*] Emanuel County Junior College . . ...............................................................

Gainesville Junior Colleg............................ . ................. . . '. * * . *

'

Gordon Junior College ......................................................... . ................ Macon Junior College ......................................... ...................... ............

Middle Georgia C o l l e g e ..................

.*.' .*.' .*.*.*

South Georgia College ................... ................ .............. ..........................

Waycross Junior C o l l e g e ................................................................... ;\ /

Tifton Albany Atlanta Bainbridge Brunswick
Decatur Swainsboro
Gainesville Barnesville
Macon Cochran Douglas Waycross

TECHNICAL INSTITUTES Skidaway Institute of Oceanography

Savannah

1

CONDENSED COMPARATIVE FINANCIAL DATA
SCOPE OF REPORT
This annual report presents the assets and liabilities at June 30, 1987, with comparative figures at June 30, 1986, of each institution under the Board of Regents of the University System of Georgia, Incorporated, and the financial operations for the fiscal years 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 C o lle g e end University Business Administration
Revised 1982, generally have been followed.

STATE APPROPRIATIONS - $725,453,216
The General Appropriations Act of 1987, as amended, provided a total of $725,455,216 to the University System. Of this amount, indirect funding to the Department of Administrative Services (DOAS) amounted to $3,583,000 and Executive Orders provided an additional $8,000 from the Governor's Emergency Fund. The amounts received were as follows:

STATE APPROPRIATIONS AVAILABLE General Appropriations Act of 1987 House Bill 1300, Section 38 Indirect DOAS Funding - Communications Amended General Appropriations Act of 1987 House Bill 2, Section 38 House Bill 225, Section 38 Reduction of Resident Instruction (DeKalb Community College) Other Additions/Deductions, Net Governor's Emergency Funds
Executive Order 6 - April 9, 1987 Executive Order 7 - April 23, 1987
TOTAL STATE APPROPRIATIONS AVAILABLE

$ 724,655,353 3,583,000
200,000
(5,000,000) 2,016,863
3,000 ________ 5,000

$ 725,463,216

ALLOCATIONS BY BOARD OF REGENTS

General Operations

Teaching

Non-Teaching

Other Activities

Regents Central Office

$ 4,533,713

Southern Regional Education Board Payments 6,181,600

Rental Payments - Georgia Military College

608,124

Eminent Scholars Program

500,000

Total Other Activities

Total General Operations

Capital Outlay Plant Renovations and Improvements General Major Repair/Rehabilitation Funds Authority Lease Rentals
Total Capital Outlay

Scholarships Regents Scholarships Medical Scholarships Regents Opportunity Grants
Total Scholarships

TOTAL ALLOCATIONS BY BOARD OF REGENTS

$ 576,825,467 111,765,281
11,823,437
1,676,200 9,734,041 12,227,040
200,000 611,750 600,000

$ 700,414,185 23,637,281 1,411,750

$ 725,463,216

2

REVENUES FOR CURRENT OPERATIONS AND PLANT PURPOSES
The Universicy System received revenue from State Appropriations in the amount of $725,463,216 for the current fiscal year. These appropriations, together with internal revenue of $758,626,206 for current operations and plant purposes, and revenue from similar sources for the previous year, are shown in the following summary:

Source
State Appropriations Internal Revenues
For Educational and General For Auxiliary Enterprises For Plant Additions and Improvements
TOTAL REVENUES

1985-86
$ 681,180,398
529,454,955 109,730,707
20,399,258
$ 1,340,765,318

1986-87
$ 725,463,216
592,714,907 119,132,457
46,778,842
$ 1,484,089,422

Increase (Decrease)
$ 44,282,818
63,259,952 9,401,750
26,379,584
$143,324,104

EXPENDITURES FOR CURRENT OPERATIONS AND PLANT PURPOSES

Expenditures for current operations and plant purposes during 1986-87, compared with expenditures for the previous year, are as follows:

Expenditures
For Educational and General For Auxiliary Enterprises For Plant Additions and Improvements
TOTAL EXPENDITURES

1985-86
$ 1,183,584,455 98,228,127 46,274,842
$ 1,328,087,424

1986-87
$ 1,293,716,286 106,728,146 45,017,838
$ 1,445,462,270

Increase (Decrease)
$110,131,831 8,500,019
(1,257,004)
$117,374,846

REVENUES FOR EDUCATIONAL AND GENERAL PURPOSES

Source
Internal Revenues Student Fees Gifts and Grants Federal Government Private and Other Endowment and Other Income Dept. Sales & Services and Other
Total Internal Revenues State Appropriations
TOTAL EDUCATIONAL AND GENERAL REVENUES

1985-86________

Amount

Percent

1986-87________

Amount

Percent

Increase (Decrease) Amount Percent

$ 162,172,097

13.7

138,671,268 87,330,790 91,309,536 49,971,264

11.7 7.4 7.7 4.2

529,454,955 655,404,615

44.7 55.3

,184,859,570 100.0

$ 186,047,162

14.4

145,214,746 100,412,970 106,308,570
54,731,459

11.2 7.8 8.2 4.2

592,714,907 701,825,935

45.8 54.2

,294,540,842 ^ 0 0 ^

$ 23,875,065
6,543,478 13,082,180 14,999,034
4,760,195
63,259,952 46,421,320
$109,681,272

14.7
4.7 15.0 16.4
9.5
11.9 7.1
9.3

3

EXPENDITURES FOR EDUCATIONAL AND GENERAL PURPOSES

1985-86

By Function

Amount

Percent

Instruction Research Public Service Academic Support Student Services Institutional Support Operation and Maintenance of Plant Scholarships and Fellowships

$ 427,375,148 177,212,956 77,239,135 190,149,213 36,677,167 131,316,109 106,182,906 37,431,821

36.1 15.0
6.5 16.1
3.1 11.1
9.0 3.1

TOTAL EDUCATIONAL AND GENERAL EXPENDITURES $1,183,584,455 100.0

1986-87

Amount

Percent

$ 462,993,466 195,475,028 86,450,911 214,026,852 40,159,154 141,888,053 117,041,558 35,681,264

35.8 15.1
6.7 16.5
3.1 11.0
9.0 2.8

$1:,293,716,286 100.0

Increase (Decrease)

^ ^ m o u n t ^ ^ Percent

$ 35,618,318 18,262,072 9,211,776 23,877,639 3,481,987 10,571,944 10,858,652 (1,750,557)

8.3 10.3 11.9 12.6
9.5 8.1 10.2 (4.7)

$110,131,831

9.3

By Major Object
Personal Services Travel Operating Supplies and Expenses Equipment
TOTAL EDUCATIONAL AND GENERAL EXPENDITURES

1985-86

Amount

Percent

$ 838,162,063 14,269,871
254,760,570 76,391,951

70.8 1.2
21.5 6.5

$1,183,584,455 100.0

1986-87

Amount

Percent

$ 920,481,328 15,300,982
278,475,196 79,458,780

71.2 1.2
21.5 6.1

$1,293,716,286 100.0

Increase (Decrease)

Amount Percent

$ 82,319,265

9.8

1,031,111

7.2

23,714,626

9.3

3,066,829

4.0

$110,131,831

9.3

EDUCATIONAL AND GENERAL SURPLUS

The University System follows a modified basis of accrual accounting* On this basis, general operating revenue for Educational and General operations exceeded expenditures by $824,556. After net adjustments of $93,185, as detailed on the Statement of Changes in Fund Balances, there remained an Unappropriated Fund Balance of $918,371. The following condensed, consolidated Educational and General Fund Balance Sheet is presented for comparative purposes. The June 30, 1986 balances include funds obtained from DeKalb Community College at July i, 1986.

ASSETS Cash and Temporary Investments Accounts Receivable Inventories Other Assets
TOTAL ASSETS

June 30, 1986 ' 1'
$ 33,232,444 40,073,424 6,576,502 35,252
$ 79,917,622

Jme30jl987
$ 40,458,992 40,684,224 6,423,810 189,874
$ 87,756,900

Increase (Decrease)
$ 7,226,548 610,800
(152,692) 154,622
$ 7,839,278

LIABILITIES, RESERVES, AND FUND BALANCES Accounts Payable Deposits Deferred Revenue Other Liabilities Reserves for Inventories Other Reserves Fund Balances - Unallocated (Surplus)
TOTAL LIABILITIES, RESERVES, AND FUND BALANCES

$ 36,162,147 27,907
22,174,501 5,771,740 6,845,918 6,698,530 2,236,879
$_ 79,917,622

$ 43,260,837 34,760
24,637,378 4,896,193 6,597,191 7,412,170 918,371
$ 87,756,900

$ 7,098,690 6,853
2,462,877 (875,547) (248,727) 713,640
(1,318,508)
$ 7,839,278

4

AUXILIARY ENTERPRISES OPERATIONS

Consolidated Auxiliary Enterprises revenues, expenditures, and fund balances for the fiscal years ended June 30, 1986 and June 30, 1987 are compared below:

REVENUES Student Housing Faculty and Staff Housing Food Services Stores- and Shops Other Service Units
TOTAL REVENUES

June 30, 1986 June 30, 1987

Increase (Decrease)

$ 30,090,530 369,934
27,915,715 32,239,309 19,115,219
109,730,707

$ 30,840,925 408,850
29,190,696 37,492,786 21,199,200
119,132,457

$

750,395

38,916

1,274,981

5,253,477

2,083,981

9,401,750

EXPENDITURES Student Housing Faculty and Staff Housing Food Services Stores and Shops Other Service Units
TOTAL EXPENDITURES
Excess Of Revenue Over Expenditures Beginning Fund Balance
Unadjusted Fund Balance Add: Fund Balance Transferred from DeKalb Community College Deduct: Transfers to Reserves & Other Surplus Adjustments
ENDING FUND BALANCE

27,095,735 290,229
25,145,401 30,363,364 15,333,398
98,228,127
11,502,580 15,746,277
27,248,857 10,382
13,736,763
$ 13,522,476

28,045,209 274,243
26,968,469 34,788,127 16,652,098
106,728,146
12,404,311 13,522,476
25,926,787
11,103,390
$ 14,823,397

949,474 (15,986) 1,823,068 4,424,763 1,318,700
8,500,019
901,731 (2,223,801)
(1,322,070) (10,382)
(2,633,373)
$ 1,300,921

LOAN FUNDS Net assets of student loan funds totaled $42,837,770 on June 30, 1987. This represents an increase of $668,287 from $42,169,483 at the beginning of the year. Loan Funds net assets include $2,081,823 cash, $3,955,609 time deposits, $84,101 investments, and $37,591,828 accounts receivable; less $875,591 notes payable.
ENDOWMENT FUNDS Endowment Funds net assets Increased from $44,351,139 at the end of the previous year to $58,850,945 at June 30, 1987. These assets are comprised of $309,255 cash, $17,500,414 time deposits, $40,422,028 investments, and $937,209 accounts receivable; less $317,961 due to other funds.

5

PLANT ADDITIONS AND IMPROVEMENTS
Condensed comparative Plant Funds revenues and expenditures are presented for the fiscal years ended June 30, 1986, and June 30, 1987.

REVENUES BY SOURCE State Appropriations Gifts and Grants Private Public Investment Income Other Sources
TOTAL REVENUES

1985-86

1986-87

$ 25,775,783
351,969 1,306,542
325,543 18,415,204
$ 46,175,041

$ 23,637,281
3,184,262 409,379
2,651,348 16,896,572
$ 46,778,842

$ (2,138,502)

2,832,293 (897,163)
2,325,805 (1,518,632)

$

603,801

EXPENDITURES APPLIED TO Plant Additions Georgia Education Authority (University) Rental
TOTAL EXPENDITURES

$ 30,685,673 15,589,169
$ 46,274,842

$ 29,844,864 14,201,670

$ (840,809) (1,387,499)
$ (2,228,308)

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, to 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). The Authority is not part of the University System, nor are its activities included as part of this report. The Authority, which was activated in 1950, issued bonds and used the proceeds for capital additions on the campuses of the University System. These additions are leased back to the various units of the System. Certain student housing facilities and certain parking facilities are required to pay a portion of the lease from the revenues produced by the facility. The remainder of the annual lease due to the Authority from the System is provided from the Authority Lease Rental appropriations made to the System by the Legislature. The proceeds from these leases are pledged by the Authority as security for the Revenue Bonds it issued.
As of June 30, 1987, the accumulated value of plant additions to the University System from GSFIC and GEA(U) amounted to $629,105,695.40. Expenditures during 1986-87 amounted to $18,027,967.15.
During 1986-87, the GEA(U) retired $7,545,000 in previously issued bonds. No new bonds were issued by the Authority. Fu n d s w e r e h e l d in the Sinking and Reserve Fund account of the Authority on June 30, 1987 in the amount of $28,914,279.09 for future debt service requirements. At June 30, 1987, the Authority had reserved $279,432.46 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 $14,201,670 to the GEA(U) during 1986-87 as an annual lease rental for use of the GEA(U) facilities.

UNEXPENDED PLANT FUNDS
The University System held Unexpended Plant Funds assets totaling $22,579,516 at June 30, 1987. These assets were composed of $4,059,070 demand deposits, $6,698,434 time deposits, $4,033,736 accounts receivable $5,892,213 State Appropriation receivable, and $1,896,063 due from other funds.
Unexpended Plant Funds liabilities included accounts payable of $17,688,012 and other reserves of $14,385. The fund balance for Unexpended Plant Funds at the end of the year was $4,877,119; of which $4,852,870 was restricted.

6

INVESTMENT IN PLANT FUNDS

The University System had total Investment in Physical Plant assets at June 30, 1987, in the amount of $1,737,539,951. This represents an increase of $51,814,146 over the amount invested at the end of the previous year. The June 30, 1986 balances include plant assets from DeKalb Community College which was added to the University System July 1, 1986. Plant assets by category at the end of the fiscal year, compared with the previous year, are presented below:

PLANT ASSETS Land buildings and Additions Improvements Other Than Buildings Library Collections Equipment Construction Work in Progress (GSFIC)
TOTAL PLANT ASSETS

June 30, 1986

June 30, 1987

Increase (Decrease)

$ 49,114,589 922,936,615 68,696^507 153,549,540 490,884,072 544,482
$ 1,685,725,805

$ 50,125,183 965,789,150 72,425,299 166,520,255 482,614,797 65,267
$ 1,737,539,951

$ 1,010,594 42,852,535 3,728,792 12,970,715 (8,269,275) (479,215)
$ 51,814,146

AGENCY FUNDS
The University System held Agency Funds assets in trust at the end of the year in the amount of $23,355,206. This consisted of funds received and held by various units as custodians, and primarily represented funds held on deposit, designated scholarships, and payroll operations. It also held in trust as agent $5,093,411 of Student Activities Program funds.

GENERAL COMMENTS
At June 30, 1987, consolidated financial statements for the University System of Georgia are presented in the next section of this report. All of the institutions of the University System are included in the consolidated statements. The remainder of this report, which follows the consolidated section, presents the financial statement of each separate institution.

7

UNIVERSITY SYSTEM OF GEORGIA
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS

LIABILITIES

AND

FUND

BALANCES

CURRENT FUNDS Resident Instruction Funds Cash on Hand/Cash in Banks - Demand $ Cash in Banks/S&L - Time Deposits Receivables General Appropriations Other Due from Other Funds Stores Inventories Total Resident Instruction Funds
Other Organized Activities Cash on Hand and In Banks Receivables General Appropriations Other Stores Inventories
Total Other Organized Activities
Restricted Funds Cash on Hand and In Banks Cash in Banks/S&L -- Tine Deposits Accounts Receivable Due from Other Funds Investments - At Book Value
Total Restricted Funds

1987
31,999,818.53 $ 1,307,814.94
22,096,000.00 4,361,500.57 189,874.58 4,522,966.68
64,477,975.30
7,151,358.35
11,574,650.33 2,652,073.02 1,900,843.23
23,278,924.93
(5,546,905.46) 5,571,072.64 24,468,733.74
72,473.93 3,976.28
24,569,351.13

1986
25,424,973.51 2,950,000.00
20,397,000.00 6,772,103.96 35,252.00 4,472,781.60
60,052,111.07
4,857,470.78
11,231,592.57 1,672,727.19 2,103,719.98
19,865,510.52
(1,176,019.25) 3,540,028.61 20,681,618.93
129,386.46 3,742.34
23,178,757.09

CURRENT FUNDS Resident Instruction Funds Accounts Payable Deposits Deferred Revenue Other Liabilities Reserve for Inventories Reserves - Other Fund Balance - Unallocated Total Resident Instruction Funds
Other Organized Activities Accounts Payable Deferred Revenue Other Liabilities Reserve for Inventories Reserves - Other Fund Balance - Unallocated
Total Other Organized Activities
Restricted Funds Fund Balance
Total Restricted Funds

1987

1986

$ 30,981,317.63 $ 27,205,016.06

34,759.85

27,907.35

24,138,649.62

21,812,999.92

3,749,764.75

4,249,473.07

4,521,350.04

4,558,748.31

316,260.95

114,221.98

735,872.46

2,083,744.38

64,477,975.30

60,052,111.07

12,279,519.91 498,728.00
1,146,428.64 2,075,840.57 7,095,909.54
182,498.27 23,278,924.93

8,957,131.25 361,500.97
1,522,266.29 2,287,169.84 6,584,308.19
153,133.98 19,865,510.52

24,569,351.13

23,1/8,757.09

24,569,351.13

23,178,757.09

Auxiliary Enterprises Funds Cash on Hand and In Banks Cash in Banks/S&L Tine Deposits Accounts Receivable Due from Other Funds Inventories - Merchandise for Resale Investments - At Book Value

5,448,555.60 29,770,577.34
4,035,224.13
10,531,675.29 2,009,460.36

Total Auxiliary Enterprises Funds TOTAL CURRENT FUNDS

51,795,492.72 $ 164,121,744.08

8,104,553.06 23,250,979.38
3,058,246.66 647.66
11,037,203.27 3,342,255.45
48,793,885.48

Auxiliary Enterprises Funds Accounts Payable Deposits Deferred Revenue Due to Other Funds Reserves for Inventories Renewals and Replacements Bus Replacements Other Fund Balance - Unallocated
Total Auxiliary Enterprises Funds

151,890,264.16 TOTAL CURRENT FUNDS

1,587,729.92 1,979,983.77 2,853,394.36 2,129,800.62

2,097,704.58 1,985,653.12 3,361,271.49 1,216,370.14

10,271,115.67 16,616,325.99
436,095.96 1,097,649.02 14,823,397.41 51,795,492.72

10,503,756.99 15,072,751.05
493,128.37 540,773.51 13,522,476.23 Ad,7^3,885.48

$ 164,121,744.08 $ 151,890,264.16

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1987
With Comparative Figures at June 30, 1986

ASSETS

LIABILITIES

1987 _____________ 1986

LOAN FUNDS Cash on Hand and In Banks Cash in Banks/S&L - Time Deposits Receivables ~ Student Notes Investments - At Book Value
TOTAL LOAN FUNDS

LOAN FUNDS

$ 2,081,822.55 $ 1,943,851.01

3,955,608.85

3,151,487.32

Notes Payable Fund Balances

37,591,828.35

37,028,549.07

Perkins Loan Program

84,101.29

947,781.93

Other Loan Funds

$ 43,713,361.04 $ 43,071,669.33 TOTAL LOAN FUNDS

AND

FUND 1987

BALANCES 1986

$

875,591.23 $

902,186.30

30,884,675.88 11,953,093.93

30,628,345.57 11,541,137.46

$ 43,713,361.04 $ 43,071,669.33

ENDOWMENT FUNDS Cash on Hand and In Banks Cash in Banks/S&L - Time Deposits Accounts Receivable Investments ~ At Book Value
TOTAL ENDOWMENT FUNDS

ENDOWMENT FUNDS

$

309,255.03 $ 1,307,515.12

17,500,413.96

12,225,451.50

Due to Other Funds Fund Balance

937,208.91

223,441.69

40,422,028.06

31.163,478.61

$ 59,168,905.96 $ 44,919,886.92 TOTAL ENDOWMENT FUNDS

PLANT FUNDS Unexpended Plant Funds Cash on Hand and In Banks Cash in Banks/S&L - Time Deposits Receivables Appropriation Allotments Other Due from Other Funds Total Unexpended Plant Funds
Investment in Plant Land Buildings Improvements Other Than Buildings Library Collections Equipment Construction Work in Progress
Total Investment in Plant
TOTAL PLANT FUNDS

m 0o0
K

PLANT FUNDS

Unexpended Plant Funds

$ 4,059,069.77 $ 3,482,933.64

6,698,433.88

5,137,330.01

Accounts Payable Due to Other Funds Reserves

5,892,213.33 4,033,735.94 1,896,063.26 22,579,516.18

5,817,476.00 1,315,039.36 1,074,590.07 16,827,369.08

Fund Balance - Allocated Fund Balance - Unallocated
Total Unexpended Plant Funds

50,,125,,183. 28 965,,789,,150.,19
72,,425,,299. 22 166,,520,,254.,85 482,,614,,796..39
65,,266..88 f737,p539,,950,.81

49,,114, 90 922,,936,,614.,71
68,,696,,507.,41 153,,549,,540..22 490,,884,,072. 09
544,,481.,70
1,,685,,725, .03

Investment in Plant Bonds Payable Fund Balances Equity of GEA (University) Net Invemtment in Plant
Total Investment in Plant

.760.,119,,466 .99 $1 .702 ,553 ,174 .11 TOTAL PLANT FUNDS

$

317,960.77 $

568,748.34

58,850,945.19

44,351,138.58

$ 59,168,905.96 $ 44,919,886.92

$ 17,545,136.94 $ 15,480,597.82

142,874.58

471,688.10

14,385.66

14,385.66

4,852,870.24

779,712.21

24,248.76

80,985.29

22,579,516.18

16,827,369.08

661,152.04

745,221.92

67,106,080.00

76,478,559.00

1,669,772,718.77 1,608,502,024.11

1,737,539,950.81 1.685,725,805.03 $1,760,119,466.99 $1,702,553,174.11

1? 1
oion 00

UNIVERSITY SYSTEM OF GEORGIA
CONSOLIDATED BALANCE SHEET June 30, 1987
With Comparative Figures at June 30, 1986

ASSETS

AGENCY FUNDS - PRIVATE TRUST

Cash on Hand and In Banks

$

Cash in Banks/S&L - Time Deposits

Investments - At Book Value

TOTAL AGENCY FUNDS - PRIVATE TRUST

$

1987
6,150,607.74 $ 17,195,425.26
9,172.79 23,355,205.79 $

1986
8,041,957.34 14,684,389.52
2,528,398.60 25,254,745.46

LIABILITIES
AGENCY FUNDS - PRIVATE TRUST Fund Balance

AND

FUND 1987

BALANCES 1986

$ 23,355,205.79 $ 25,254,745.46

TOTAL AGENCY FUNDS - PRIVATE TRUST

$ 23,355,205.79 $ 25,254,745.46

AGENCY FUNDS - STUDENT ACTIVITIES

Cash on Hand and In Banks

$

Cash in Banks/S&L ~ Time Deposits

Accounts Receivable

Prepaid Expenses

TOTAL AGENCY FUNDS - STUDENT ACTIVITIES $

2,212,079.09 $ 2,590,585.29
290,676.43 70.00
5,093,410.81 $

2,544,438.92 1,935,083.51
419,280.80 4,092.27
4,902,895.50

AGENCY FUNDS - STUDENT ACTIVITIES

Accounts Payable

$

Deferred Revenue

Fund Balance - Allocated

Fund Balance - Unallocated

TOTAL AGENCY FUNDS - STUDENT ACTIVITIES $

560,225.88 $ 1,893,984.69
172,084.00 2,467,116.24
5,093,410.81 $

493,531.17 1,728,308.44
192,724.49 2,488,331.40
4,902,895.50

UNIVERSITY SYSTEM
CONSOLIDATED STATEMENT OF Year Ended

BEGINNING FUND BALANCE Adjustments per State Audit
BEGINNING FUND BALANCE, ADJUSTED
REVENUE AND OTHER ADDITIONS Unrestricted Revenue Restricted Revenue Restricted Additions - Gifts, Grants & Contracts Federal Sources Other Governmental Sources Private Sources Interest Income on Loans Investment Income Restricted Endowment Income Adjustments - Prior Year Additions to Plant Properties Current Funds Unexpended Plant Funds GEA(U) and/or GSFIC Other Transfers to/from Other Funds Other Additions
TOTAL REVENUE AND OTHER ADDITIONS

Resident Instruction
Funds

CURRENT

FUNDS

Other

Organized

Restricted

Activities

Fund s

$ 2,083,744.38 674,095.73

$ 151,358.98 7,994.36

$ 3,162,002.98 (81,760.53)

2,757,840.11

159,353.34

3,080,242.45

804,869,986.84 162,938,696.90
-
-
-
513,013.69
-
-
-
2,947.12 37.83
968,324,682.38

256,483,855.79 70,248,302.09
-
-
- 264,346.22
-
-
326,996,504.10

-
-
158,340,566.75 29,090,859.64 75,559,792.15
-
J 2,201,713.68
-
-
Jf
-
265,192,932.22

Auxiliary Enterprises
Funds $ 13,522,476.23
(15,657.15) 13,506,819.08
119,132,456.69 -
-
-
-
-
124,221.29
6,560.00 119,263,237.98

EXPENDITURES AND OTHER DEDUCTIONS Unrestricted Expenditures Restricted Expenditures Return of Lapsed Surplus - Prior Year Provisions for Reserves Renewals and Replacements Bus Replacements Inventories Others Loan Cancellations Distribution per Trust Agreements Deductions to Plant Properties Transfers to Other Funds Other Deductions
TOTAL EXPENDITURES AND OTHER DEDUCTIONS

804,263,854.87 162,938,696.90
582,483.15
_
-
84,749.58 270,953.53
-
2,199,416.04 6,495.96
970,346,650.03

256,265,431.66 70,248,302.09 159,353.34
.
-
(211,329.27) 511,601.35
-
326,973,359.17

-
_
267,044,175.77
-
267,044,175.77

106,728,146.20
-
-
5,832,876.96 147,796.14
(232,641.32) 573,533.24
-
4,896,375.60 572.83
117,946,659.65

ENDING FUND BALANCE

$ 735,872.46

$ 182,498.27

$ 1,228,998.90

$ 14,823,397.41

^Restricted Funds to be retained by DeKaib College under contractual agreement, amounting to $2,275,979.29; plus funds from
DeKalb County Treasury per agreement, amounting to $1,130,000.00. Funds returned to a private foundation as per agreement, amounting to $21,909.18.

12

OF GEORGIA
CHANGES IN FUND BALANCES June 30, 1987

LOAN FUNDS
$ 42,169,483.03 (12,155.02)
42,157,328.01

ENDOWMENT FUNDS
$ 44,351,138.58 -
44,351,138.58

PLANT Unexpended

FUNDS Investment In Plant

$ 860,697.50 8,540.09

$ 1,685,725,805.03 1,550,312.87

869,237.59

1,687,276,117.90

AGENCY FUNDS Student
Activities
$ 2,681,055.89 (3,545.29)
2,677,510.60

544,,667..46
232,,388..83 1 ,0 0 0 ,,537.,05
253,,647..24 5,,419..2 0 3,922.95
--
163,808.83 196,939.49
2,401,331.05

1,558,,626..46
-
12,755,,397..8 8 76,,152..30
-- 903.19 24,799,776.59 39,190,856.42

44,549,918.81 2,228,923.46
157,978.90
-
2,199,157.16 -
49,135,978.33

-

17,946,860.43

-

(31,679.41)
73,378,863.59 29,984,846.80 16,520,004.06
6,294,923.61 -
411,782.69
126,558,741.34

28,801.59 17,975,662.02

42,434,444.52 2,583,393.81 87,832.78

17,728,453.45

728,418.69
149,820.26 842,650.30 1,720,889.25
$ 42,837,769.81

2,369,878.23 1,573,273.32 20,747,898.26 24,691,049.81
$ 58,850,945.19

35,068.73

3,427,888.47* _________ 516.63
48,534,076.21

74,300,414.21 _______ 1,994,494.22 ______ 76,294,908.43

250,450.20 18,013,972.38

$ 1,471,139.71

$ 1,737,539,950.81 $ 2,639,200.24

13

EDUCATIONAL AND GENERAL FUNDS Revenue State Appropriations Student Fees Other Internal Revenue

UNIVERSITY SYSTEM OF GEORGIA SOURCES OF FUNDS, 1986-87

TOTAL EDUCATIONAL AND GENERAL FUNDS
AUXILIARY ENTERPRISES FUNDS Revenue Student Housing Faculty and Staff Housing Food Services Stores and Shops Other Service Units
TOTAL AUXILIARY ENTERPRISES FUNDS
PLANT FUNDS Revenue State Appropriations Gifts and Grants Private Federal Other Investment Income Other Sources
TOTAL PLANT FUNDS
STUDENT ACTIVITIES PROGRAM Revenue Student Activities Fees Other Sources
TOTAL STUDENT ACTIVITIES PROGRAM

$ 701,825,935 186,047,162 406,667,745
$ 1,294,540,842
$ 30,840,925 408,850
29,190,696 37,492,786 21,199,200
$ ll9 ,n Z ,T 5 7
$ 23,637,281 3,184,262 369,713 39,666 2,651,348
16,896,572 $ 46,778,842
$ 10,311,071 ______ 7,635,789 $ 17,946,860

14

UNIVERSITY SYSTEM OF GEORGIA
APPLICATION OF FUNDS, 1986-87
EDUCATIONAL AND GENERAL FUNDS Expenditures Instruction Research Public Service Academic Support Student Services Institutional Support Operation and Maintenance of Plant Scholarships and Fellowships Sub-Total To Unallocated Fund Balance
TOTAL EDUCATIONAL AND GENERAL FUNDS
AUXILIARY ENTERPRISES FUNDS Expendltures Student Housing Faculty and Staff Housing Food Services Stores and Shops Other Service Units Provisions for Reserves Sub-Total To Unallocated Fund Balance
TOTAL AUXILIARY ENTERPRISES FUNDS
PLANT FUNDS Expenditures Additions to Plant -- Capital Expenditures Piant Expenditures for Non-Capitalized Items Rental Paid to GEA (University) Sub-Total To Unallocated Fund Balance
TOTAL PLANT FUNDS
STUDENT ACTIVITIES PROGRAM Expenditures Student Activities Program Expenditures To Unallocated Fund Balance
TOTAL STUDENT ACTIVITIES PROGRAM

$ 462,993,466 195,475,028 86,450,911 214,026,852 40,159,154 141,888,053 117,041,558 35,681,264
1,293,716,286 ________ 824,556
$ 1,294,540,842

$ 28,045,209 274,243
26,968,469 34,788,127 16,652,098
5,748,032 112,476,178
6,656,279
$ 119,132,457

$ 29,844,864 971,304
14,201,670 45,01),83a
1,761,004
$ 46,778,842

$

17 70a 453

*218*407

$ 17,946,860

15

UNIVERSITY SYSTEM

STATEMENT OF EDUCATIONAL For the Year Ended

Student Tuition & Fees

GENERAL

OPERATIONS

State

Gifts, Grants Indirect Cost

Appropriations and Contracts

Recoveries

Endowment and Other Income

Georgia Institute of Technology Georgia Tech Research Institute Engineering Extension Division Center for Rehabilitation Technology Advanced Technology Development Center
Georgia State University Medical College of Georgia
Hospitals and Clinics Family Practice Residency Program Special Desegregation Program Georgia Radiation Therapy Center University of Georgia Agricultural Experiment Stations Cooperative Extension Service Marine Extension Service Marine Institute Veterinary Medicine Experiment Station Veterinary Medicine Teaching Hospital Minority Business Enterprises Program Athens/Tifton Veterinary Laboratory

$ 28,430,159.29 3,510,774.43
24,470,592.39 4,640,024.60
43,300,490.57

$ 61,943,256.00 9,794,578.00 537,115.00 631,152.00 1,018,518.00
76,532,089.00 56,366,278.00 29,438,910.00
5,447,886.00 338,350.00 1,375.00
152,982,910.00 29,210,440.00 28,793,523.00 1,011,872.00 770,142.00 2,690,702.00 415,896.00 303,679.00 53,102.00

$ 97,875.77 97,197.04
15,000.00
276,225.00 3,758,848.39 13,870,571.47

$ 7,031,558.03 14,734,926.71 28,881.79 1,753.85 16,443.55 1,657,327.24 1,957,893.38
4,874,387.20 511,964.30
174,463.01 52,298.63
218.07

$ 1,460,356.40 5,046,/37.48 464.78 1,930.99 6,512.86 1,217,531.39 102,709.48
79,928,418.48
1,640,390.90 588,970.23
2,271,188.35 40,552.22
181,627.94 48,399.98 600.00
1,832,979.61 10 0 .0 0
15,128.79

Albany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College

2,192,010.70 2,690,889.95 3,954,677.31 2,072,517.68 3,867,847.39 2,115,229.81 4,266,810.72 9,081,641.53 2,223,385.00 6,669,929.90 2,238,103.70 1,940,420.69 3,864,410.57 7,337,238.68 6,376,225.60

9,861,414.00 8,058,637.00 9,188,154.00 5,892,229.00 12,547,935.00 10,231,381.00 9,853,041.00 20,508,309.00 7,837,151.00 13,347,443.00 6,373,573.00 9,873,692.00 10,846,603.00 15,239,557.00 16,451,453.00

10,826.00
950.50
25,022.77 8,625.00

52,626.92
4,337.04
4,891.16 57,614.49
3,044.44 33,672.42 21,686.41
9,143.13 143,308.98
44,840.93
20,895.59

100,802.72 99,412.41
179,176.87 44,381.07 95,114.55 97,189.17 43,588.42
207,089.33 38,665.73
124,888.60 87,718.84
132,725.34 42,637.32
101,543.93 172,466.59

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

1,455,888.06 1,262,648.60 1,140,707.40
454,257.00 898,186.23 1,056,853.00 7,419,763.50 283,135.20 855,391.38 1,370,418.10 807,951.00 1,710,516.34 1,063,041.88 686,690.73 338,333.07

6,243,098.00 4,330,690.00 3,533,475.00 2,127,243.00 3,249,336.00 3,449,679.00 10,861,636.00 1,508,644.00 3,569,075.00 3,641,126.00 2,924,022.00 4,739,253.00 5,072,679.00 3,713,908.00 1,624,583.00

30,435.85 21,700.00

14,482.09 95,280.66
90,545.25 4,130.88
5,939.18

89,527.52 40,023.42 35,716.56 10,793.98 28,337.25 38,946.54 3,943,245.09
4,634.50 24,330.76 26,874.22 21,357.99 21,343.49 42,190.15 53,740.34 17,050.38

Skidaway Institute of Oceanography Regents Central Office/Kesident Instruction
Regents Central Office Grants to Junior Colleges Rental Payments to Georgia Military Academy Medical Scholarships Regents Opportunity Grants Regents Scholarships Southern Regional Education Board
Administrative Emory University Medical Student Grants Meharry Medical College Mercer University Morehouse College Southern College of Optometry Tuskegee Institute University of Alabama in Birmingham West Va. School of Osteopathic Medicine

TOTAL EDUCATIONAL AND GENERAL REVENUE

$ U 6 {047i1 6 2 ^ M

1,308,041.00 2,301,915.00 5,033,713.00
608,124.00 611,750.00 600,000.00 2 0 0 ,0 0 0 .0 0
1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0
$701,825,935.00

2 ,0 0 0 .0 0 $18,215,277.79

325,165.88 $31,973,721.21

83,590.35 100,305.33
$100,534,008.64

16

OF GEORGIA

AND GENERAL REVENUE June 30, 1987

DEPARTMENTAL SALES AND SERVICES

S PONSORED

OPERATI 0 NS

Gifts, Grants and Contracts

Endowment and

Federal

State

Private

Other Income

$ 1,283,001.33 958,247.12
2,321,047.19 2,720,898.55 2,234,355.19

$ 15,689,918.28 33,217,078.29 194,673.43
1,270.30 5,598,418.88 7,404,404.32

$ 621,842.51 295,009.03
76,858.68
3,763,732.01 3,230,717.09 5,049,233.29

$16,825,637.35 10,822,730.28 5,376.60 3,028.98 32,932.19 3,115,837.06 12,198,376.68

$ 2,444,726.77 21,426.89
4,290.53
184,961.64 120,818.84

7,201,661.55

29,695,434.72 5,637,976.49 3,449,830.89 521,769.37 256,100.99

3,224,232.96 837,695.43 640,174.07

14,221,420.03 1,867,939.27 3,019,201.50 2,932.05 471,689.83

1,833,001.55 439,203.78 224,223.53

(7.00) 2,089,248.05

1,553.18

TOTAL REVENUE 1987

1986

$ 135,828,331.73 74,987,930.84 4,277,286.03 719,015.03 1,075,676.90
118,876,536.80 88,742,120.94 116,650,916.96
5,447,886.00 338,350.00
1,641,765.90 258,198,733.81
44,535,256.01 50,038,076.68
1,892,664.37 1,598,631.43 2,691,302.00 2,248,875.61
303,779.00 2,159,243.09

$ 124,323,085.30 65,492,767.10 4,102,440.59 356,548.00 934,937.98
107,253,193.19 82,420,582.93
108,487,609.15 4,857,216.00 322,487.00 1,702,416.25
240,978,577.41 41,671,618.52 48,120,407.24
1,671,283.56 1,480,538.61 2,504,197.36 2,243,426.20
388,902.00 1,956,820.90

312,090.28 300,427.64 471,039.97 470,950.54
20,240.02 113,866.92 1,305,975.49 116,269.35 464,345.54
49,793.52 1,072.00
195,578.74 148,537.84 143,049.83
91,765.04 123,604.60
24,344.50 32,698.02 243,897.00 241,157.44 427,002.55
7,639.05 92,141.55 286,038.70 23,234.00 154,344.23 17,093.90 122,893.45 31,085.05
6,350.30

2,582,661.01 438,399.79 753,663.10 216,813.98 969,096.57
6,355,214.50 1,045,799.26 3,700,929.81 1,003,186.89
503,159.71 474,390.05 2,831,890.20 626,843.35 2,315,275.59 1,211,627.58
1,219,118.78 529,493.03
1,243,266.19 149,804.68 370,802.30 118,519.18 762,424.79 64,862.71 251,048.75 181,430.72 407,256.85 297,543.75 588,257.51 812,421.11 331,289.08
974,913.70

472,712.14 172,518.70 174,065.21 636,892.31 115,868.77
24,241.72 92,818.47 703,867.19 82,945.91
6,931.64 24,808.76 12,174.94
604,933.52 251,199.52
58,274.82 433.80
62,871.59 475,027.88 472,802.88 575,869.88
991.40
645,269.59 53,347.63
3,872.42
12,557.23

111,292.16 186,709.71 295,149.48
40,458.80 473,364.64 136,482.96 323,131.67 249,733.93 324,786.48 151,320.35
62,910.76 258,587.43 513,638.64
54,588.48 272,469.87
134,616.09 70,996.66
2,714.86 106,516.10 176,426.82
28,028.09 8,953.81
60,879.04 14,000.00
43,458.71 4,254.00
61,016.20 15,591.10
77,391.24

11,666.48 14,376.47
7,012.00 72,670.84 161,940.40 50,616.36
1,650.72 75,911.03 43,580.73 44,262.15
8,733.00
6,468.68
1,325.00
1,694.00

15,373,519.65 11,970,324.32 14,864,027.12
9,381,344.81 18,617,739.46 19,048,419.67 15,904,041.30 35,841,835.06 11,649,727.49 21,344,880.27
9,364,022.49 15,193,871.58 16,178,814.70 25,835,430.81 24,908,012.58
9,337,206.25 6,357,890.11 6,135,661.90 3,252,539.42 5,376,346.44 5,657,451.86 23,443,091.42 1,877,869.27 5,590,006.32 5,599,066.25 4,183,821.84 6,966,459.52 6,791,388.86 5,456,609.01 2,359,625.68
2,790,009.70 2,301,915.00 5,134,018.33
608,124.00 611,750.00 600,000.00 2 0 0 ,0 0 0 .0 0

15,338,429.88 11,642,727.77 14,273,592.25
8,763,030.01 18,475,950.75 18,875,046.16 14,549,351.54 33,107,862.86 11,461,052.11 17,826,685.88
8,884,273.52 15,159,773.93 13,936,350.99 23,791,638.89 23,871,008.19
9,200,197.55 6,378,582.59 5,902,464.75 3,289,537.35 5,257,681.62 5,549,906.23
1,881,580.64 5,311,216.11 4,977,999.23 3,769,026.97 6,615,005.55 6,455,872.50 5,863,101.50 2,293,553.74
2,541,715.05
5,400,821.92 5,359,777.00
225,000.00 587,000.00 600,000.00 2 0 0 ,0 0 0 .0 0

1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0

80,000.00 1,071,000.00
72,100.00 790,500.00 3,620,500.00 164,500.00
42,000.00 61,100.00 72,000.00

$22,757,737.99 $134,998,273.48 $25,566,041.04 $66,848,123.08 $ 5,774,561.39 $1 ,294,540,841.62 $1 ,184,859,570.32

17

UNIVERSITY SYSTEM
STATEMENT OF EDUCATIONAL For the Year Ended

INSTRUCTION

General

Sponsored

RESEARCH

General

Sponsored

PUBLIC SERVICE

Georgia Institute of Technology Georgia Tech Research Institute Engineering Extension Division Center for Rehabilitation Technology Advanced Technology Development Center
Georgia State University Medical College of Georgia
Hospitals and Clinics Family Practice Residency Program Special Desegregation Program Georgia Radiation Therapy Center University of Georgia Agricultural Experiment Stations Cooperative Extension Service Marine Extension Service Marine Institute Veterinary Medicine Experiment Station Veterinary Medicine Teaching Hospital Minority Business Enterprises Program Athens/Tifton Veterinary Laboratory

$ 41,459,486.11 3,980,135.26
57,069,398.34 44,278,594.67

$ 5,032,256.58 200,050.03
2,564,903.19 14,022,072.31

!J 12,500,754.31 17,148,346.63
2,253,863.53

$ 21,900,088.11 44,350,324.28
2,902,142.98 8,160,861.50

$ 413,639.70
714,209.09 840,953.43 5,029,022.25

5,418,058.69 243,602.54
105,343,184.78

4,983,490.84

9,189,984.90 33,511,465.56
805,840.55 2,691,302.00

25,378,799.10 8,782,165.97
446,626.07 727,790.82

20,950,575.87
49,829,064.77 1,321,280.08

1,546.18

299,534.07 2,157,469.11

Albany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College

6,261,373.19 6,918,589.37 7,672,005.42 4,415,495.57 9,470,189.09 5,948,373.05 7,257,138.71 16,682,857.40 5,934,769.53 11,013,836.93 4,928,603.93 6,043,529.81 7,575,126.41 12,743,241.60 12,777,237.80

320,003.88 318,768.17 349,540.30 569,321.72 423,868.12 288,338.92 327,974.31 1,414,803.73 112,488.36
86,496.07 173,280.23
93,353.50 248,836.11 262,365.09 304,890.50

117,016.51 12,972.02 82,436.36
22,698.93

2,072,957.76 4,851.41
198,320.28 122,428.93
396,036.85
77,719.03

688,047.47 86,295.86
111,793.74 195,873.12
1,426,377.97 34,198.79
709,208.10 130,844.35 230,182.42
483,149.22 287,527.76
19,255.99

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

4,141,903.08 3,230,275.63 2,529,477.27 1,222,368.21 2,132,169.73 2,426,990.45 11,547,595.50
749,353.40 2,390,446.74 2,822,888.17 1,624,913.09 3,978,531.05 3,116,967.74 1,951,120.08
799,138.84

151,531.21 22,067.07
152,910.30 475,243.81 460,212.94 636,002.29
2,534.66
625,707.78 67,347.63 65,873.84 43,458.71 294.36
94,212.53

5,567.50

339,316.49 18,690.89
105,688.44 17,045.57
5,316.03

Skidaway Institute of Oceanography Regents Central Office/Resident Instruction
Regents Central Office Grants to Junior Colleges Rental Payments to Georgia Military Acaden y Medical Scholarships Regents Opportunity Grants Regents Scholarships Southern Regional Education Board
Administrative Emory University Medical Student Grants Meharry Medical College Mercer University Morehouse College Southern College of Optometry Tuskegee Institute University of Alabama in Birmingham West Va. School of Osteopathic Medicine

599,566.42

1,010,553.42

6,350.30

TOTAL EDUCATIONAL & GENERAL EXPENDITURES

$428,098,967.18 $ 34,894,499.09 $ 78,941,815.22 $116,533,212.69 $86.450,910.88

18

OF GEORGIA
AND GENERAL EXPENDITURES June 30, 1987

ACADEMIC SUPPORT

STUDENT SERVICES

INSTITUTIONAL SUPPORT

OPERATION & MAINTENANCE
OF PLANT

SCHOLARSHIPS AND
FELLOWSHIPS

$ 18,955,346.12
14,823,851.93 6,750,494.12
101,630,332.65

$ 2,999,648.91
7,355,175.80 1,075,886.52

$ 14,956,799.60 10,500,587.53 21,371.56 1,726.75 52,900.39 13,689,530.81 6,514,967.20 6,712,721.39

$ 13,945,549.63 2,640,322.51 61,996.17
178,829.56 10,573,945.35
7,481,991.49 8,140,205.48

$ 4,037,239.15
2,384,636.06 449,924.00

1,514,613.53 33,041,784.52
160,595.77

6,184,511.11

20,843,830.51

127,598.34 26,036,974.51
2,080,379.71 208,171.01 124,712.85 65,000.00

94,689.42
6,240,597.24 649.00

2,248,875.61

891,544.28 978,326.15 1,245,792.52 765,811.12 2,140,040.35 1,107,776.35 1,921,626.60 4,209,121.01 755,773.97 2,635,458.16 569,156.96 1,251,118.89 1,739,906.95 2,368,739.99 2,621,134.06

1,089,084.62 586,236.64
1,060,995.81 600,146.03
1,010,257.43 1,140,618.47
803,430.33 1,590,191.68
725,837.66 1,379,635.93
725,404.23 786,506.52 1,313,442.27 1,156,050.41 1,500,561.13

2,631,500.62 1,347,207.43 1,880,491.95 1,451,102.32 2,134,516.85 3,116,363.01 2,207,857.84 4,585,595.64 1,734,627.99 3,448,042.03 1,367,638.62 2,529,525.33 2,740,253.61 4,216,578.32 3,665,107.99

1,573,741.62 1,313,886.50 1,942,768.25 1,182,797.81 2,482,327.93 1,752,934.02 2,288,178.34 4,506,517.02 1,244,100.25 2,059,198.45 1,250,380.43 2,051,361.90 1,732,748.15 3,192,589.68 2,719,687.99

1,870,627.31 421,014.20 586,713.20 174,814.66 955,075.83
2,069,846.31 1,052,836.14 1,860,859.85
886,984.00 474,070.92 348,376.40 1,554,365.74 539,722.30 1,876,344.76 1,164,959.00

589,792.36 493,937.45 625,059.96 256,789.48 425,951.19 561,840.29 3,175,591.47 210,032.81 499,925.72 644,667.54 407,330.46 535,886.70 497,536.42 369,386.26 263,136.02
142,766.57

656,721.12 372,744.66 494,867.18 244,055.14 426,359.10
417,886.25 1,809,098.38
146,858.06 313,507.78 407,962.99 392,703.91 422,597.64 361,533.13 410,377.38 198,260.00

1,527,612.07 861,813.96 919,437.46 432,562.54 736,170.19 710,501.82
3,522,162.97 404,510.37 757,671.37 830,754.78 635,289.63 864,501.54
1,223,232.47 1,282,298.41
453,727.76
400,712.92 2,301,914.37 4,887,308.32

1,271,788.72 848,943.15 629,577.69 475,603.34 784,168.07 765,896.23
2,730,449.72 300,340.16 743,535.41 683,417.57 751,112.77 848,318.48
1,215,324.10 838,780.81 338,659.01
630,060.07
226,687.27

657,841.12 505,122.30 592,840.60 141,456.52 394,245.41 138,261.29 652,832.00
66,573.21 259,030.18 136,197.72 281,954.84 272,226.00 348,057.94 603,524.01 211,735.14

608,124.00

575,020.40 600,000.00 2 0 0 ,0 0 0 .0 0

1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
50,750.00 65,000.00 8 6 ,0 0 0 .0 0
$214,026,852.31 $40f159,154.22 $141,888,052.24 $117,041,557.52 $35,681,264.17

TOTAL EXPENDITURES

1987

1986

$ 135,787,168.52 75,053,220.65 4,263,553.02 715,935.84 1,072,683.38
118,646,470.24 88,734,791.81
116,483,259.52 5,418,058.69 338,291.96 1,642,211.87
258,193,733.38 44,535,256.01 50,037,235.78 1,892,619.00 1,598,631.37 2,691,302.00 2,248,875.61 299,534.07 2,159,015.29

$ 124,497,677.09 65,575,315.55 4,102,440.59 355,822.27 934,735.82
107,220,924.13 82,472,077.23
106,805,884.39 4,800,085.73 322,324.44 1,692,947.97
240,963,958.21 41,671,531.47 48,119,893.69 1,671,814.05 1,478,827.53 2,504,197.36 2,243,426.20 384,563.37 1,955,772.12

15,325,922.99 11,970,324.32 14,850,101.19
9,355,362.35 18,616,275.60 19,040,602.37 15,911,064.49 35,839,911.07 11,647,855.04 21,326,920.91
9,362,840.80 15,188,947.76 16,177,563.56 25,835,165.84 24,853,996.43

15,343,317.85 11,640,727.38 14,256,674.40 8,753,923.40 18,474,827.88 18,677,818.65 14,552,024.23 33,107,118.91 11,625,752.54 17,831,225.96 8,871,471.28 15,432,173.14 13,939,789.68 23,791,562.65 23,894,502.64

9,336,506.17 6,353,595.11 6,049,858.90 3,248,079.04 5,376,322.20 5,657,378.62 23,440,264.70 1,877,668.01 5,589,824.98 5,598,552.43 4,159,178.54 6,965,520.12 6,768,513.66 5,455,486.95 2,358,869.30

9,200,353.26 6,377,857.77 5,929,539.85 3,265,284.61 5,257,642.22 5,549,882.18
1,881,269.32 5,327,998.47 4,976,422.03 3,763,279.61 6,614,163.79 6,451,862.77 5,863,026.93 2,290,768.12

2,790,009.70 2,301,914.37 5,113,995.59
608,124.00 575,020.40 600,000.00 2 0 0 ,0 0 0 .0 0

2,549,735.13
5,422,354.69 5,359,777.00
225,000.00 537,407.43 600,000.00 2 0 0 ,0 0 0 .0 0

1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
50,750.00 65,000.00 8 6 ,0 0 0 .0 0

80,000.00 1,071,000.00
72,100.00 790,500.00 3,620,500.00 164,500.00
42,000.00 61,100.00 72,000.00

,293,716,285.52 $1 ,,183,584,454.98

19

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern Technical Institute Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Dalton Junior College DeKalb Community College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Skidaway Institute of Oceanography
TOTAL AUXILIARY ENTERPRISES REVENUE

UNIVERSITY SYSTEM
STATEMENT OF AUXILIARY For Che Year Ended

STUDENT HOUSING
) 7,275,095.88 $
622,335.37 9,203,613.85
599,749.00 172,672.60
21,730.00 848,276.51 734,939.47 3,352,554.93 638,183.02
967,322.26 705,111.08 474,941.64 1,476,395.20 2,273,024.14
581,301.84

FACULTY & STAFF HOUSING

FOOD SERVICES

STORES AND SHOPS Bookstore _____Other

127,167.94

$ 3,226,980.96 256,615.09 585,149.09
8,267,198.55

$ 8,853,142.46 2,685,740.22 998.104.96 4,996,413.46

$

3,461.26

530,136.69 1,642,898.50

28,799.50
41,692.00 46,847.83
110,522.96 41,545.20

783,031.57 225,005.03 174,855.27 262,709.10
26,918.40 997,516.74 1,018,791.02 3,628,074.17 512,129.93 465,590.16 1,375,700.50 675,981.56 229,301.26 2,152,432.26 1,560,133.01

238.245.87 561,350.03 852.005.80 597.233.88 708,583.53 238.738.62 843,360.64 2,017,362.93 413.813.62 1,538,104.36 544,119.21 266,941.08 1,239,696.76 1,382,205.24
899,574.05

128,076.98 58,305.50 84,071.29

659,419.38 97,071.70

396,812.30 364.243.36

152,322.00
468,022.62 268,610.69

3,425.00 8,850.00

1,125.07 65,805.72 124,345.83 300,102.56
315.07 147,467.46 149,053.39 310,751.70 102,269.35 529,639.74 266,102.42
13,112.66

121,023.59 276,209.17 338,294.24 1,725,296.27
51,234.47 269.849.26 355.919.36 211.597.97 484,765.74 295,631.95 177.830.81 102.390.27

4,723.22 $30,840,925.32 $

408,850.43 $29,190,695.72 $35,045,835.48 $ 2,446,950.22

20

OF GEORGIA
ENTERPRISES REVENUE June 30, 1987

___________ 0_T H E R S E R V I C E U N I T S

Student

Health

Transportation

Vending

Services

Other

TOTAL REVENUES

1987

lW

$ 336,371.82 $ 1,497,236.90

262,103.90
325,402.99 414,818.73

$ 1,632,420.80
261,595.75 3,961,582.13

$ 1,212,725.93 982,211.87 915,383.63
3,779,108.63

$ 22,929,470.95 3.924.567.18 4,238,108.48
33,762,870.75

$ 19 ,482,,985..04 4 .156,,938..27
3,,838 ,448..65 32 ,643,,787,.2 2

38,803.50
18,451.12 24,748.46 25,254.06
20,144.42 5,035.17
21,649.15 19,737.36
1,214.40 26.631.72 61,309.85

7,182.60
18.191.06 12,730.35 11,953.98 29,670.90 33.446.92 335,242.33 17.759.93 2,099.10 153,538.42 13,154.62 30,410.32 86.633.06 138,587.11

188,649.00
25,275.00 181,162.00 128,989.88 642.321.10 108,935.00
170.101.10 153,358.80 107,764.14 412,388.70 526,166.02

62,654.00 1,721.73
39,700.00
11,658.49 173,118.03
29,032.66
111,430.15 24,591.99
127.350.67 353.298.67 122,598.65

1,947,115.04 960,749.39
1.045.052.13 872.673.33 852,612.03
2,361,805.23 2,843,288.31 10,276,750.47 1,739,998.58 2,010,828.79 3,512,689.25 1,900,421.69 2.210.679.19 5.974.056.14 5,581,392.83

1 ,962,,680..99 873,,678,.47 776,,159,.37 775,,498.. 1 0
876,,456..58 2 ,,1 , ,608..58 2 ,,896,,082..60 8 ,,889,,355..69 1 ,,973,,514..02 1 ,,775,,442..00 3,,298,,105..63 1 ,,835,,616..09 2 ,,033,,549..25 6 ,,081,,625..8 6 5,,648,,0 2 1 ..28

24.960.72 1,000.06

108,733.86 4,460.42

116,046.65

1,887,274.75 466,775.54

2 ,,052,,337..99 461,,676..77

929.52 13,241.77
9,969.23
640.50 2,480.45
11,380.90 7,209.70

19,727.57 3,186.93
234,469.85 192.99
23,004.93 9,968.74
31.250.66 5,601.66
10.939.67 6,267.76
19,159.64

70.685.00 20.680.00

1,360.40 775.00

123,078.18 376,344.63 465,827.00 2,269,837.91
52,517.53 440,962.15 517,421.94 709.347.33 592,636.75 1,395,149.88 746,701.38 134,662.57

105,,8 6 8 .,73 349,,188..59 430,,586.,07
57,,634..87 401, 019.,14 451, 979. 85 576,,092. 46 576,,531. 24 1 ,,295,,912. 62 863,,767.,57 127,,633..54

4,066.17

_______ 8,789.39

18,,923. 97

$ 2,168.400.78 $ 2,373,957.17 $ 8,708,121.07 $ 7,948,720.50 $119,132,456.69 $109,,730,,707.,1 0

21

UNIVERSITY SYSTEM
STATEMENT OF AUXILIARY For the Year Ended

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick. Junior College Dalton Junior College DeKalb Community College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
Skidaway Institute of Oceanography
TOTAL AUXILIARY ENTERPRISES EXPENDITURES

STUDENT HOUSING

FACULTY & STAFF HOUSING

FOOD SERVICES

STORES AND SHOPS

Bookstore

Other

$ 5,490,141.83 $
603,687.40 8,060,353.54

73,212.05

$ 3,089,222.68 142,017.11 835,830.82
/,676,373.00

$ 8,011,246.23 2,403,592.34 944,192.83 5,056,143.75

$
472,714.69 1,531,743.58

585,871.25 309,885.69
32,915.43 774,604.01 895,912.25 2,722,662.09 757,176.86
953,478.18 634,012.97 449,755.10 1,542,490.19 2,662,439.03

11,784.14
27,908.70 22,704.49
110,028.31 21,525.51

767,424.04 202,267.60 163,730.48 252,428.38
22,699.65 921,223.70 1,007,688.35 2,537,115.03 486,093.65 435,140.53 1,174,573.76 633,971.27 222,515.77 2,266,176.82 1,390,463.52

277,269.34 482,035.05 776,127.50 516,426.11 645,029.47 239,158.58 789,430.57 1,670,013.34 388,082.64 1,361,074.46 496,161.69 270,920.34 1,109,952.72 1,254,150.66 857,300.42

401,055.48 49,517.70 54,888.88

689,860.79

584,462.68 98,184.69

389,557.62 324,578.27

106,689.52
452,724.05 315,897.07

1,184.36 5,895.20

1,098.40 67,863.16 119,232.06 473,337.02
696.74 150,425.41 146,873.50 254,824.29 109,524.14 481,254.67 237,089.56
16,646.88

107,748.48 247,612.84 277,694.87 1,687,255.33
36,660.57 234,218.28 302,673.07 177,959.95 418,608.40 275,077.19 160,165.77
90,088.28

4,651.37 $28,045,208.62 $

274,242.76 $26,968,469.36 $32,278,206.96 $ 2,509,920.33

22

OF GEORGIA
ENTERPRISES EXPENDITURES June 30, 1987

0 T H E R SERVICE

UNI T S

Student

Health

Transportation

Vending

Services

Other

TOTAL EXPENDITURES

987

T98 6

$ 244,302.27 $ 1,006,472.31

162,106.82
14,769.30 54,745.34

$ 1,404,250.20
230,208.81 4,025,658.05

$ 819,444.99 531,024.86 849,325.21
2,747,566.31

$ 19,293,927.07 3,076,634.31 3,950,729.06
30,159,055.88

$ 16,763,038.50 3,306,218.35 3,620,863.80
28,998,459.20

22,775.55
11,528.14 13,762.14 15,410.66 13,274.78 13,356.50 15,116.29 17,195.33 26,532.15

7,267.29 3,739.73 11,886.07 3,028.03 12,113.66 241,567.79 8,924.59
461.14 104,370.66
15,168.10 63,538.42

139,617.55
28,096.07 155,074.57 123,994.68 467,519.59 103,217.57
145,769.68 160,524.38
87,485.59 360,538.36 494,032.63

39,822.89
18,059.46
8,727.03 440,770.35
13,534.54
115,375.91 26,926.15 97,744.62
289,012.32 7,588.19

1,844,564.76 994,188.34 947,125.27 772,594.22 770,214.29
2,134,759.73 2,875,981.69 8,480,703.67 1,770,304.63 1,796,676.13 3,162,632.39 1,762,996.91 1,982,621.90 5,847,990.98 5,438,355.94

1,779,496.96 882,252.48 732,730.79 696,629.64 783,030.48
2,096,052.93 2,776,226.63 7,481,804.64 1,966,212.81 1,543,975.94 2,874,729.23 1,733,215.27 1,745,389.47 5,766,075.61 5,352,912.10

13,309.85 2,215.12

96,555.96 3,685.43

123,598.86

18,245.30

1,915,591.06 428,663.51

1,997,519.28 446,852.49

231.71 3,377.57
3,474.73
50.01 254.20
6,756.06 3,028.12

14,961.48 1,471.53
187,092.42
18,206.93 3,932.35
18,522.02 143.04
2,711.33 15,698.73

46,751.73 28,806.74

986.12

109,078.59 334,801.17 398,398.46 2,351,159.50
37,357.31 402,900.63 453,733.12 559,180.14 528,275.58 1,268,458.90 747,698.59 122,433.89

93,020.99 329,742.49 385,130.12
41,965.12 370,278.31 404,249.12 530,244.88 525,321.07 1,237,226.31 846,678.30 111,449.33

3,707.21

8,358.58

9,134.54

$ 1,432,423.49 $ 1 ,070,375.37 $ 8,125,145.06 $ 6,024,154.25 $106,728,146.20

98,228,127.18

23

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUNDS REVENUE For the Year Ended June 30, 1987

STATE APPROPRIATIONS

GIFTS

AND

Public

Federal

Other

GRANTS Private

AUXILIARY ENTERPRISES

INVESTMENT INCOME

OTHER INCOME

TOTAL

Georgia Institute of Technology $ 377,763.00 $

Georgia State University

549,666.00

Medical College of Georgia

232,749.00

University of Georgia

loiooo.oo

$

$1,197,255.21 $ 2,345,122.53 $ 323,507.13

$ 1,027,854.86 $ 4,947,995.60 383,296.40 1,256,469.53

305,283.63 1,028,224.79

1,566,257.42

39,665.59 1,985,006.68 3,807,953.74 1,079,414.75

389,431.90 7,311,472.66

Albany State College

754,314.00

Armstrong State College

124,302.00

Augusta College

201,531.00

Clayton State College

363,175.00

Columbus College Fort Valley State College

368,610.00 322 809.00

124,000.00 117,188.51

Georgia College

267,227.00

Georgia Southern College

714,990.00

Georgia Southwestern College

26,758.00

Rennesaw College

207,641.00

1 2 ,2 0 0 .0 0

North Georgia College

372,500.00

Savannah State College

546,681.00

ro

Southern College of Technology

2,263,562.00

Valdosta State College

186,076.00

102,985.00

West Georgia College

381,775.00

2,542.28 6,495.00 24,417.54 30,613.89 92,163.80 21,233.52
863,425.16
67,960.00 480,519.55
62,980.93 179,834.20 215,620.46 175,819.57

32,311.76 260,477.96
65,000.45 86,638.11

42,224.00 273,706.62
80,326.86 75,240.15
132.468.45 23,431.43 64.842.83
104.321.45 41.907.84
43,923.24 3,926.25
124,563.83

756,856.28 173,021.00 499.655.16 474,115.75 660,013.95 493,542.79 399.695.45 1,862,324.55
91,600.83 392.122.45 894.927.39 609,661.93 2,552,319.89 595,245.82 682.158.40

Abraham Baldwin Agrie. College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Dalton Junior College DeKalb Community College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College

218,500.00 437,477.00
1 0 ,0 0 0 .0 0 54,200.00 359,900.00 250,700.00 312,950.00 83,000.00 227,000.00 165,230.00 118,115.00 53,025.00 544,104.00 226,035.00 41,602.00

5,000.00 8,340.00

2,000.00

149,548.33

31,650.00

1 1 ,2 1 2 . 0 0
27,287.99
7,585.00 224.55
2,435.90

14,791.82 30,345.04
27,993.63 26,150.17

43,889.05 19,345.77
9,645.33 1,079,635.26
1,577,898.84 12,904.08 32,971.89
71,828.26 5,062.48 6,910.01 8,791.19

413,937.38 461,822.77
24,791.82 63,845.33 1,471,185.26 281,045.04 1,890,848.84 95.904.08 271,183.89 201,563.63 171.553.16 124,853.26 556,751.48 233,169.56 52.829.09

Skidaway Institute Regents Central Office

36,274.00 12,227,040.00

1,971,652.16

9,134.67

45,408.67

14,198,692.16

TOTAL PLANT FUNDS REVENUE

$23,637,281.00 $ 369,713.51 $__ 39,665.59 $ 3,184,261.89 $11,207,088.86 $ 2,651,348.48 S 5.689.482.94 $46,778,842.27

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Albany State College Arastrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Rennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Jnior College Atlanta Jnior College Bainbridge Jnior College Brunswick Jnior College Dalton Jnior College DeKalb Community College Emanuel County Jnior College Floyd Jnior College Gainesville Jnior College Gordon Jnior College Macn Jnior College Middle Georgia College South Georgia College Haycross Jnior College
Skidaway Institute of Oceanography Regents Central Office
TOTAL PLANT FUNDS EXPENDITURES

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF PLANT FUNDS EXPENDITURES For the Year Ended June 30, 1987

Land

PLANT Buildings

A DDITI0NS Improvements Other Than Buildings

Equipment

Expenditures Not To Be
Capitalized

BUILDING AUTHORITY
RENTAL

TOTAL

$ 279,609.63 $ 4,205,947.62 $ 171,188.38 $ 189,796.81 $ 101,453.16 $

190,215*46

804,694.53

188,293.97

4,129.27

78,154.33

1,398,468.52

12,726.50

155,200.06

5,930.75 5,309,625.63

274,911.31 1,556,651.12

351,257.74

$ 4,947,995.60 1,265,487.56 1,566,395.08 7,498,376.55

89,885.49
84,700.42 45,885.02
7,325.00 125,366.41
5,562.00
60,000.00 1,850.00

308,039.30 75,252.23
365,153.00 260,834.88 380,418.67 362,971.26 331,733.11 1,224,483.48
19,600.00 314,003.01 518,957.21 288,438.00 2,378,549.35 337,290.45 493,687.94

359,377.10 71,402.83 59,000.00
161,813.24 150,900.00
46,696.98 14,430.00 241,959.16
7,366.53
226,496.50 224,864.71
44,758.25 102,985.00
87,756.45

2,542.28 25,623.52 64,161.05 30,613.89 71,505.57 93,411.21 36,088.93 246,556.95 61,093.82 37,366.22 138,621.18 41,667.48 122,409.44 82,589.47 98,670.41

9,730.00
11,061.64
8,824.43 23,958.55
3,539.89 35,165.65
41,618.91 7,092.82
12,380.90

759,844.17 172,278.58 498,044.05 537,962.43 659,770.90 510,404.45 391,076.47 1,862,324.55
91,600.24 392,096.88 884,074.89 596,589.10 2,552,809.86 595,245.82 681,964.80

236,950.23 457,365.32
58,849.00 106,035.85 239,921.96 473,387.49
79,364.96 351,155.90 168,793.46 231,370.46
19,025.00 335,649.69 216,601.83
20,450.22

132,500.00 15,408.00 1,351.00
251,107.40 29,166.50
155,854.42
5,600.00
222,878.00 28,361.44

40,981.76 2,355.10
53,635.34 10,711.00 131,606.13
9,081.32 17,183.61 14,520.39 27,287.99 9,190.91
7,585.00 2,864.00 10,401.40

3,505.39
12,630.00 17,651.42 84,983.24 13,095.55

413,937.38 459,720.42
15,408.00 60,200.00 410,778.59 279,799.46 760,848.04 88,446.28 368,339.51 201,543.85 276,309.87 113,199.15 566,112.69 232,561.38 59,213.06

5,550.00

7,835.00

32,023.67

45,408.67 14,201,670.00 14,201,670.00

$ 896,330.18 $22,378,619.56 $ 3,284,262.17 $ 3,285,652.74 $ 971,303.68 $14,201,670.00 $45,017,838.33

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Aibany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southvestern College Kennesav College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Aibany Jnior College Atlanta Jnior College Bainbridge Jnior College Brunswick Jnior College Dalton Jnior College DeKalb Coumunity College Emanuel County Jnior College Floyd Jnior College Gainesville Jnior College Gordon Jnior College Macn Jnior College Middle Georgia College South Georgia College Waycross Jnior College
TOTAL STUDENT ACTIVITIES REVENUE AND EXPENDITURES

UNIVERSITY SYSTEM
SCHEDULE OF STUDENT ACTIVITIES For the Year Ended

REVE U E

Student Fees

Athletic Fees

Other___

Total

$ 1,041,509.03 $

$ 360,030.49 $ 1,401,539.52

1,711,993.60

158,436.22

1,870,429.82

96,662.00

35,009.68

131,671.68

1,269,661.51

961,500.00

399,789.43

2,630,950.94

143,579.40 327,153.00 270,772.83 104,270.00 261,759.35 309,584.80 182,919.40 1,103,168.93 109,200.00 408,165.40 119,519.60
94,946.00 231,336.40 677,670.80 951,501.00

203,736.02 152,732.00
161,488.15
182,911.40 450,744.00 174,528.00 408,017.00
88,994.00 218,233.00 238,670.20 315,124.20

127,687.65 126,628.05
37,441.57 9,886.06
97,477.51 128,511.98
34,391.17 1,239,877.25
44,162.94 20,651.58 59,763.53 112,223.58 85,320.52 391,070.79 137,478.95

475,003.07 606,513.05 308,214.40 114,156.06 520,725.01 438,096.78 400,221.97 2,793,790.13 327,890.94
836,833.98 268,277.13 425,402.58 555,327.12 1,383,865.79 1,088,979.95

98,615.44 60,997.85 46,228.00 16,810.70 52,123.20 36,120.00 170,296.00
9,705.00 29,660.00 90,796.00 82,590.00 47,630.80 84,805.00 57,020.50 12,300.00

62,031.08
65,275.00 109,418.00

7,881.85 2,691.32
460.00 13,084.30
40,015.28 10,258.67 12,161.70
775.00 966.41 81,974.60 25,854.71 4,011.35 12,576.20 14,715.08 9,121.42

168,528.37 63,689.17 46,688.00 29,895.00
157,413.48 46,378.67
291,875.70 10,480.00 30,626.41
172,770.60 108,444.71
51,642.15 97,381.20 71,735.58 21,421.42

$ 10,311,071.54 $ 3,793,402.05 $ 3,842,386.84 $17.946,860.43

26

OF GEORGIA
REVENUE AND EXPENDITURES June 30, 1987

Athletic and Related

Social and Entertainment

EXPEND IT UR E S

Student

Student

Government

Publications

Other Programs

TOTAL

$ 499,662.55 $ 527,977.31 $

709,146.90

533,803.70

14,357.55

67,963.17

1,050,466.37

531,902.10

49,491.07 $ 285,097.06 $ 88,045.00 $ 1,450,272.99

82,707.74

333,992.34

156,424.73

1,816,075.41

14,526.92

60,430.67

695.55

157,973.86

7,416.58

131,916.45

817,034.85

2,538,736.35

328,783.08 499,730.56
7,077.21 355,939.63 278,462.18 196,873.08 2,306,115.48 208,411.30 452,366.38 126,888.60 434,468.20 252,626.41 820,883.30 830,510.72

83,322.63 79,575.19 107,734.78 71,697.09 97,464.58 66,466.87 113,309.11 308,762.70 57,175.67 176,428.42 73,843.20 55,410,91 60,321.80 258,091.57 152,159.94

2,709.67 24,427.89 10,653.74
1,694.97 22,870.84 28,092.52 13,426.51 22,228.43
2,662.27 24,849.56 30,999.36 14,272.49 17,199.50 18,398.13
6,016.00

19,031.71 32,456.22 36,295.84
3,020.56 28,177.77 31,001.60 24,782.34 90,973.36 22,919.55 65,689.55 50,369.23 19,516.93 37,717.98 80,678.61 45,456.59

1,721.12 142,021.59
38,441.56 25,561.61
1,297.45 33,914.24 13,197.34 13,199.87 60,753.59 21,026.35
281.85 150,963.01 180,220.54
35,490.40

433,847.09 637,910.98 296,705.95 121,931.39 530,014.43 405,320.62 382,305.28 2,741,277.31 304,368.66 780,087.50 303,126.74 523,950.38 518,828.70 1,358,272.15 1,069,633.65

63,086.89 5,629.64 2,246.37 4,942.07
78,472.87 37.95
128,078.54
6,515.70
60,633.23 1,819.70
26,868.65 36,826.65
1,813.96

40,473.19 22,209.67 23,954.87 14,898.25 46,145.69 21,384.70 51,904.20
5,416.40 6,363.81 132,699.56 42,086.52 13,406.69 31,884.18 15,308.27 6,981.94

11,600.63 334.86
5,691.64 3,945.40 6,980.23 1,842.43 37,997.83 1,153.03 4,032.07 19,725.61 1,153:42
999.91 1,692.24 1,788.57 2,048.02

44,047.99 3,248.62
24,360.40 207.01
14,858.38 10,630.72 26,364.11
4,034.64 9,409.44 9,996.59
12,716.65 28,467.76
1,692.08 9,245.96

16,989.29 40,943.13
8,705.90 6,828.97 14,466.58 20,775.71
6,688.67 2,689.34 2,179.25 20,438.92 1,119.13 22,378.11 1,254.61

176,197.99 72,365.92 56,253.28 32,698.63
153,286.14 48,362.38
265,120.39 10,604.07 33,009.69
165,111.10 106,052.42
49,381.87 90,031.96 77,993.68 21,344.49

$ 9,789,741.72 $ 3,898,528.68 $ 495,630.08 $ 1,598,804.71 $ 1,945,748.26 $17,728,453.45

27

UNIVERSITY SYSTEM OF GEORGIA
STATEMENT OF FUND BALANCES - STUDENT ACTIVITIES Year Ended June 30, 1987

Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
Albany State College Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College
Abraham Baldwin Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Dalton Junior College DeKalb Community College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College
TOTAL FUND BALANCES

ALLOCATED FUND BALANCE $ 53,239.60
101,726.96 28,595.33
(11,477.89)
$ 172,084.00

UNALLOCATED FUND BALANCE
$ 194,413.17 396,971.19 27,177.00
1,110,612.25
(74,220.67) (27,383.71)
44,003.63 37,356.54
(7,834.70) 73,521.80 97,504.49 95,394.48 194,776.74 61,330.96 (236,315.13) 103,062.39 25,593.64 107,662.94
31,702.88 30,748.31 25,562.91
1,391.64 25,781.23
6,501.79 40,360.54
4,952.47 13,614.90 40,317.11
4,002.21 3,690.11 9,089.48 5,671.64
10 2 .0 1
$ 2,467,116.24

1987 TOTAL FUND BALANCE
$ 247,652.77 396,971.19 27,177.00
1,110,612.25
(74,220.67) (27,383.71)
44,003.63 37,356.54 101,726.96 (7,834.70) 73,521.80 126,099.82 95,394.48 194,776.74 61,330.96 (236,315.13) 103,062.39 14,115.75 107,662.94
31,702.88 30,748.31 25,562.91
1,391.64 25,781.23
6,501.79 40,360.54
4,952.47 13,614.90 40,317.11
4,002.21 3,690.11 9,089.48 5,671.64
10 2 .0 1
$ 2,639,200.24

1986 TOTAL FUND BALANCE
$ 291,488.90 526,644.45 53,479.18
1,081,718.79
(115,550.79) 1,761.94
32,449.56 42,003.17 110,734.82 (44,721.92) 55,100.11 80,287.44 71,774.50 126,325.06 95,644.12 (138,073.60) 98,986.80 (13,401.20) 93,260.40
39,261.45 39,364.39 35,012.17
3,947.27 22,866.64
8,485.50 7,795.79 5,076.54 17,310.93 32,578.91 1,609.92 1,404.83 4,545.10 11,859.64
25.08
$ 2.681,055.89

28

Regents Central Office FINANCIAL REPORT
For the Year Ended June 30, 1987

BOARD OF R E G E N T S O F T H E U N IV E R S IT Y SYSTEM O F GEORGIA 244 W ashington Street, S. W Atlanta, Georgia 30334

Jacob H. Wamsley
Vice Chancellor for Fiscal Affairs and Treasurer

Carole B. Riddle
Director of Business Services

REGENTS CENTRAL OFFICE

BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS

CURRENT FUNDS

Resident Instruction Funds

Cash in Banks - Demand Deposits

$

Total Resident Instruction Funds

Regents Central Office Funds Cash in Banks - Demand Deposits Receivables State Appropriations Southern Regional Educ Board Medical Scholarships Other
Total Regents Central Office Funds

TOTAL CURRENT FUNDS

$

1987
.63 $ .63
142,689.78
4,700.00 42,950.33 (2,864.22; 187,475.89 187,476.52 $

LIABILITIES

AND

FUND

BALANCES

1986

1987

1986

CURRENT FUNDS

Resident Instruction Fnds

Fund Balance - Unallocated

$

Total Resident Instruction Funds

.63 $ .63

104,136.29
49,592.57 2.60
153,731.46

Regents Central Office Funds Accounts Payable Fund Balances - Unallocated Regents Central Office Southern Regional Educ Board Medical Scholarships
Total Regents Central Office Funds

121,773.35
24,272.94 4,700.00
36,729.60
187,475.89

124,387.07 (20,248.18) 49,592.57 153,731.46

153,731.46 TOTAL CURRENT FUNDS

$

187,476.52 $

153,731.46

ENDOWMENT FUNDS

ENDOWMENT FUNDS

CO O

Cash in Banks - Demand Deposits

Reserve - Employee Health Benefits

$ 1,284,672.39 $ 2,847,506.69

Citizens & Southern - Atlanta

$

339,501.20 $ 1,436,857.72 Fund Balances

Chase Manhattan Bank - New York

(610,597.99)

(625,627.02)

Employee Health Benefits Program

1,274,621.69

(1,562,834.30)

Cash in S & L - Time Deposits

4,229,906.05

2,539,602.09

Other

2,229,906.05

2,289,602.09

Receivables - Premiums

_______ 830,390.87 _

223,441.69

TOTAL ENDOWMENT FUNDS

$ 4,789,200.13 $ 3,574,274.48 TOTAL ENDOWMENT FUNDS

$ 4,789,200.13 $ 3,574,274.48



ASSETS

1987

REGENTS CENTRAL OFFICE
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

1986

LIABILITIES

AND

FUND 1987

BALANCES 1986

PLANT FUNDS Unexpended Plant Funds Cash in Banks - Demand Deposits
Total Unexpended Plant Funds
Investment in Plant Land Buildings Library Collections Equipment
Total Investment in Plant
TOTAL PLANT FUNDS
AGENCY FUNDS - PRIVATE TRUST Cash in Banks - Demand Deposits
TOTAL AGENCY FUNDS - PRIVATE TRUST

PLANT FUNDS

Unexpended Plant Funds

$

(2,977.84)$

28,144.00

Deferred Revenue

Authority Lease Rentals

Fund Balances - Unallocated

(2,977.84)

28,144.00

Authority Lease Rentals Total Unexpended Plant Funds

1,390,700.00 83,794.12 21,695.88
464,597.96 1,960,787.96

1,390,700.00 83,794.12 19,072.77
597,703.87 2,091,270.76

Investment in Plant Net Investment in Plant
Total Investment in Plant

$ 1,957,810.12 $ 2,119,414.76 TOTAL PLANT FUNDS

$ $____

1,880.82 $ 1,880.82 $

AGENCY FUNDS - PRIVATE TRUST 7,558.89 Fund Balance
7,558.89 TOTAL AGENCY FUNDS - PRIVATE TRUST

$

$

28,144.00

(2,977.84) (2,977.84)

28,144.00

1,960,787.96

2,091,270.76

1,960,787.96

2,091,2/0.76

$ 1,957,810.12 $ 2,119,414.76

$

1,880.82 $

7,558.89

$

1,880.82 $

7,558.89

FUND BALANCE, July 1, 1986 as Previously Reported
REVENUES AND OTHER ADDITIONS Unrestricted Revenue Health Insurance Trust Fund Supplemental Appropriation Premiums Earned Eminent Scholarship Funds State of Ga for Georgia State University State of Ga for Medical College of Georgia Donations - University System Promotional Fund Investment Income - Interest Earned Adjustments - Prior Year Accounts Payable Additions to Plant Properties
TOTAL REVENUES AND OTHER ADDITIONS
EXPENDITURES AND OTHER DEDUCTIONS Unrestricted Expenditures Lapse of Surplus - Prior Year Health Insurance Trust Fund Claims Issued Administrative Costs Distribution per Appropriation Bill Distribution per Trust Agreements Distribution per State Law Disposal of Plant Properties Adjustment to Inventory Count
TOTAL EXPENDITURES AND OTHER DEDUCTIONS
FUND BALANCE, June 30, 1987

REGENTS

STATEMENT OF CHANGES Year Ended

______________ C U R R E N T

F U N D S __________

Resident

Auxiliary

Instruction

Restricted

Enterprises

$

$

29,344.39



2,301,915.00

13,335,492.33

4,250.20

2,301,915.00

__13,339,742.53

2,301,914.37

13,274,039.99 29,344.39

2,301,914.37

13,303,384.38

_

$___________ .63

$

65,702.54

$

32

CENTRAL OFFICE

IN FUND BALANCES June 30, 1987

LOAN FUNDS
$__________ Z _

ENDOWMENT FUNDS
$ 3,574,274.48
-
2,300,000.00 19,007,415.00
250,000.00 250,000.00
2,125.00 187,471.58
21,997,011.58

PLANT Unexpended

FUNDS Investment
In Plant

$

-

$

2,091,270.76

14,198,692.16

-

-

-

-

-

-

-

-

-

-

--

--

14,198,692.16

72,838.40 72,838.40

AGENCY FUNDS Student
Activities $
-
-
-
:
-

14,201,670.00

19,167,309.37

918,976.00

-

-

-

500,000.00

184,800.00

-

-

-

11,000.56

-

-

-

-

-

15,436.09

-

-

187,885.11

-

20,782,085.93

14,201,670.00

203,321.20

$ 4,789,200.13

$

(2,977.fe4) $

1,960,787.96

$

-

33

REGENTS CENTRAL OFFICE

SUMMARY STATEMENT OF CURRENT FUNDS REVENUES, EXPENDITURES, AND OTHER CHANGES Year Ended June 30, 1987
With Comparative Figures for 1986

REVENUE General Operations Resident Instruction Funds State Appropriations Regents Central Office Funds State Appropriations Endowment Income Other Sources
TOTAL REVENUE
EXPENDITURES Resident Instruction Funds Educational and General Institutional Support Regents Central Office Funds Educational and General Institutional Support Operation and Maintenance of Plant Scholarships and Fellowships
TOTAL EXPENDITURES
Excess of Revenue Over Expenditures
Beginning Fund Balance Adjustments Other Than State Audit Return of Lapsed Surplus - Prior Year
ENDING FUND BALANCES

19 8 7

EDUCATIONAL AND GENERAL

AUXILIARY

Unrestricted

Restricted

ENTERPRISES

TOTAL

1986 TOTAL

$ 2,301,915.00 $

$

$ 2,301,915.00 $

13,235,187.00 6,138.92
94,166.41

13,235,187.00 6,138.92
94,166.41

18,256,635.00 5,652.34
84,011.58

15,637,407.33

15,637,407.33 18,346,298.92

2,301,914.37

2,301,914.37

11,672,332.32 226,687.27
1,375,020.40

11,672,332.32 226,687.27
1,375,020.40

16,753,581.24 227,250.45
1,337,407.43

15,575,954.36 $ 61,452.97

15,575,954.36 61,452.97

18,318,239.12 28,059.80

29,344.39 4,250.20
(29,344.39)

29,344.39 4,250.20
(29,344.39)

877,584.77 1,284.59
(8/7,584.77)

$ 65,703.17

$

$ 65,703.17 $ 29,344.39

34

REGENTS CENTRAL OFFICE
SCHEDULE OF CURRENT FUNDS REVENUES Year Ended June 30, 1987

EDUCATIONAL AND GENERAL REVENUE General Operations Resident Instruction Funds State Appropriations State of Georgia - General Regents Central Office Funds State Appropriations State of Georgia - General Regents Central Office Eminent Scholars Program Rental Payments to Georgia Military College Southern Regional Education Board for Administrative Support Emory University Medical Student Grants Meharry Medical College Mercer University (Medicine) Morehouse College (Medicine) Southern College of Optometry (Memphis) Tuskegee Institute (Veterinary Medicine) University of Alabama in Birmingham (Optometry) West Virginia School of Osteopathic Medicine Medical Scholarships Regents Opportunity Grants Regents Scholarships Endowment Income Other Sources Interest Income NOW Account Lease Salvage Sales Corporation Dissolution Fund Miscellaneous State Medical Education Board Revenue Collections Principal Repayments - Medical Scholarships Interest Repayments - Medical Scholarships Medical Scholarship Repayments Returned to State Tre
Total Revenue from General Operations
TOTAL CURRENT FUNDS REVENUES

UNRESTRICTED

RESTRICTED

TOTAL

$ 2,301,915.00 $
4,533,713.00 500,000.00 608,124.00
1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0 611,750.00 600,000.00 2 0 0 ,0 0 0 .0 0 6,138.92
71,248.31 2.0 0
47.50 4,835.64
167.16
250,104.44 136,420.97 (368.659.61j
15,637,407.33
$15,637,407.33 $

$ 2,301,915.00
4,533,713.00 500,000.00 608,124.00
1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0 611,750.00 6 0 0 ,0 0 0 .0 0 2 0 0 ,0 0 0 .0 0 6,138.92
71,248.31 2.0 0
47.50 4,835.64
167.16
250,104.44 136,420.9/ (368,659.61)
15,637,407.33
$15,637,407.33

35

REGENTS CENTRAL OFFICE

SCHEDULE OF CURRENT FUNDS EXPENDITURES Year Ended June 30, 1987

EDUCATIONAL AND GENERAL EXPENDITURES RESIDENT INSTRUCTION FUNDS INSTITUTIONAL SUPPORT Administrative Computing Support Search Committee/Informtion Technology General Institutional Other Staff Benefits (Non-Payroll)
TOTAL INSTITUTIONAL SUPPORT
TOTAL RESIDENT INSTRUCTION FUNDS

FUND

CLASSIFICATION

----------- ' --

Unrestricted

Restricted

Total

$

1,914.37 $

2,300,000.00

2,301,914.37

2,301,914.37

$

1,914.37

2,300,000.00

2,301,914.37

2,301,914.37

OBJECT

C L A S S I F I C A T I O N ___________

~ Personal

Operating Supplies &

Services

Travel

Expenses

Equipment.

$

$

2,300,000.00

2,300,000.00

2,300,000.00

$

1,914.37 $

1,914.37 1,914.37

REGENTS CENTRAL OFFICE FUNDS INSTITUTIONAL SUPPORT

Executive Management

Office of Chancellor

274, 879. 66

Office of Executive Vice Chancellor

33, 116. 01

Office of V C for Academic Affairs

469, 606. 51

CO o>

Office of V C for Facilities Office of V C for Fiscal Affairs

465, 287. 55 209, 506. 11

Office of Asst V C - Accounting

465, 115. 41

Ofrice of Asst V C - Budgets

196, 615. 12

Office of V C for Research and Planning

256, 698. 98

Office of V C for Services

81, 748. 52

Office of V C for Student Services

100,037. 61

Office of Executive Secretary

317, 072. 66

Fiscal Operations Office of Director of Business Services

96, 780. 24

General Administration & Logistical Svcs Office of Asst V C for Affirmative Action Office Services

89, 651. 17 44,,136.,22

Administrative Computing Support Office of Regents Info System (Athens) Office of Regents Info System (Atlanta)

371,,597.,46 71,,767,.49

Public Reiations/Deveiopment Office of Public Rel & Information Svcs

102,,217..25

General Institutional Regents Central Otfice Other Staff Benefits (Non-Payroll) Eminent Scholars Program Rental Payments to Ga. Military College

719,,919,.35 21 ,555 .00
500,,000 .00 608 ,124 .00

Southern Regional Education Board Administrative Support Emory Univ Medical School Grant Meharry Medical College Grant Mercer Univ Medical School Grant Morehouse Medical School Grant Southern College of Optometry Grant Tuskegee Institute Grant Univ of Alabama in Birmingham Grant H Va School of Osteopathic Med Grant

10 ,000 .00 1,168 ,750 .00
49 ,950 .00 878 ,900 .00 3,682 ,550 .00 185 ,000 .00
50 ,750 .00 65 ,000 .00 86 ,000 .00

TOTAL INSTITUTIONAL SUPPORT

11,672,332.32

2 7 4 ,8 7 9 .6 6 33,116.01
469,606.51 465,287.55 2 0 9 ,5 0 6 .1 1 465,115.41 196,615.12 256,698.98
8 1 ,7 4 8 .5 2 100,037.61 317,072.66
9 6 ,7 8 0 .2 4
89,651.17 4 4 ,1 3 6 .2 2
371,597.46 71,767.49
102,217.25
719,919.35 2 1 ,5 5 5 .0 0
500,000.00 608,124.00
10,000.00 1,168,750.00
4 9 ,9 5 0 .0 0 878,900.00 3 ,682,550.00 1 8 5 ,0 0 0 .0 0
50j 750.00
6 5 ,0 0 0 .0 0 8 6 ,0 0 0 .0 0
11,672,332.32

274,879.66 33,116.01
469,606.51 465,287.55 209,506.11 465,115.41 196,615.12 256,698.98
81,748.52 100,037.61 317,072.66
9 6 ,7 8 0 .2 4 8 9 ,6 5 1 .1 7 44,136.22 371,597.46 71,7 6 / .4 9 102,217.25
2 1 ,5 5 5 .0 0
3,667,388.97

117,163.65 117,163.65

535,515.21
500,000.00 608,124.00
10,000.00 1,168,750.00
4 9 ,9 5 0 .0 0 878,900.00 3 ,682,550.00 185,000.00
50,750.00 65,000.00 86,000.00
7,820,539.21

67,240.49

SCHEDULE OF CURRENT FUNDS EXPENDITURES (Continued)

REGENTS CENTRAL OFFICE

FUND

CLASSIFICATION

Unrestricted

Restricted

Total

OBJECT

CLASS

Personal Services

Travel

IFICATION

Operating

Supplies &

Expenses

Equipment

EDUCATIONAL AND GENERAL EXPENDITURES (Continued)

REGENTS CENTRAL OFFICE FUNDS (Continued)

OPERATION & MAINTENANCE

OF P H Y S I C A L P L A N T

Building Maintenance

194,627.99

Utilities

4,412.55

Landscape and Grounds Maintenance

27,646.73

194,627.99 4,412.55
27,646.73

194,627.99 4,412.55
27,646.73

TOTAL OPERATION & MAINTENANCE OF PLANT

226,687.27

226,687.27

226,687.27

S C H O L A R S H I P S AND FELLOWSHIPS
Scholarships Medical Scholarships Regents Opportunity Grants Regents Scholarships

575,020.40 600,000.00 2 0 0 ,0 0 0 .0 0

575,020.40 600,000.00 2 0 0 ,0 0 0 .0 0

572,045.60 600,000.00 2 0 0 ,0 0 0 .0 0

2,974.80

TOTAL SCHOLARSHIPS AND FELLOWSHIPS

1,375,020.40

1,375,020.40

1,372,045.60

2,974.80

TOTAL REGENTS CENTRAL OFFICE FUNDS

13,274,039.99

13,274,039.99 3,667,388.97

117,163.65 9,419,272.08

70,215.29

TOTAL CURRENT FUNDS EXPENDITURES

$15,575,954.36 $

$15,575,954.36 $ 5,967,388.97 $ 117,163.65 $ 9,421,186.45 $ 70,215.29

REGENTS CENTRAL OFFICE
STATEMENT OF CHANGES IN BALANCES OF PUBLIC TRUST FUNDS Year Ended June 30, 1987

BEGINNING FUND BALANCE
ADDITIONS Health Insurance Trust Fund Supplemental Appropriation Premiums Earned Eminent Scholars Fund Georgia State University Medicai College of Georgia University System of Georgia Promotional Fund Investment Income Health Insurance Trust Fund Corporation Dissolution Fund University System Promotional Fund Eminent Scholars Fund Porter Trust Fund
TOTAL ADDITIONS
DEDUCTIONS Health Insurance Trust Fund Claims Issued Administrative Costs Eminent Scholars Fund Georgia Institute of Technology Georgia State University James H. Porter Trust Fund Merit Scholarships Albany State College Fort Valley State College Savannah State College Distribution of Earnings - Corporation Dissolution Fund
TOTAL DEDUCTIONS
ENDING FUND BALANCE

ENDOWMENT Health Insurance Trust Fund

FUNDS
General Endowment

$ 1,284,672.39 $ 2,289,602.09

TOTAL $ 3,574,274.48

2,300,000.00 19,007,415.00
53,492.06
21,360,907.06

250.000. 00 250.000. 00
2,125.00
6,138.92 216.78
22,979.91 104,643.91
636,104.52

2,300,000.00 19,007,415.00
250.000. 00 250.000. 00
2,125.00
53,492.06 6,138.92 216.78
22,979.91 104,643.91
21,997,011.58

19,167,309.37 918,976.00
20,086,285.37 $ 2,559,294.08

19,167,309.37 918,976.00

250.000. 00 250.000. 00

250.000. 00 250.000. 00

63.000. 00 58,800.00 63.000. 00 11.000. 56

63.000. 00 58,800.00 63.000. 00 11.000. 56

695,600.56

20,782,085.93

$ 2,229,906.05 $ 4,789,200.13

SCHEDULE OF OPERATION OF PUBLIC TRUST FUNDS Year Ended June 30, 1987

ENDOWMENT FUNDS Health Insurance Trust Fund Restricted As To Income Health Insurance Trust Fund General Endowment Funds Unrestricted As To Income Corporation Dissolution Fund University System of Georgia Promotional Fund Restricted As to Income Porter Trust Fund Eminent Scholars Fund Georgia Institute of Technology Georgia State University Medical College of Georgia University of Georgia
TOTAL ENDOWMENT FUNDS
TOTAL PUBLIC TRUST FUNDS

FUND BALANCE JULY 1, 1986

ADDITIONS

DEDUCTIONS

FUND BALANCE JUNE 30, 1987

$ 1,284,672.39

$21,360,907.06

$20,086,285.37

$ 2,559,294.08

97,723.88 2,500.00
1,689,378.21 250,000.00
250,000.00 3,574,274.48 $ 3,574,274.48

6,138.92 2,341.78
104,643.91
250,000.00 258,535.59
14,444.32
21,997,011.58
$21,997,011.58

11,000.56

92,862.24 4,841.78

184,800.00

1,609,222.12

250.000. 00 250.000. 00

258,535.59 264,444.32

20,782,085.93

4,789,200.13

$20,782,085.93 $ 4,789,200.13

38

REGENTS CENTRAL OFFICE
SCHEDULE OF OPERATION OF UNEXPENDED PLANT FUNDS Year Ended June 30, 1987

REVENUE/ADDITIONS State Appropriations Authority Lease Rentals Transfers from Institutions - Auxiliary Enterprises Funds Authority Lease Rentals
TOTAL REVENUE/ADDITIONS
EXPENDITURES/DEDUCTIONS Authority Lease Rentals Payments to Georgia Education Authority (University;
TOTAL EXPENDITURES/DEDUCTIONS
Excess of Revenue Over Expenditures
Beginning Fund Balance
ENDING FUND BALANCE

UNRESTRICTED

RESTRICTED

TOTAL

$12,227,040.00 $ 1,971,652.16
14,198,692.16
14,201,670.00 14,201,670.00
(2,977.84)

$12,227,040.00 1,971,652.16
14,198,692.16
14,201,670.00 14,201,670.00
(2,977.84)

$ (2,977.84) $

$ (2,977.84) :

SCHEDULE OF CHANGES IN INVESTMENT IN PLANT Year Ended June 30, 1987

BEGINNING INVESTMENT IN PLANT
ADDITIONS Expended from Current Funds
TOTAL ADDITIONS
DEDUCTIONS Adjustment for Excludable Items from Inventory - Regents Central Office Transfer of Surplus Equipment To Department of Administrative Services Georgia State University Department of Human Resources
TOTAL DEDUCTIONS
ENDING INVESTMENT IN PLANT

$ 2,091,270.76

$_______ 72,838.40

72,838.40

187,885.11
14,750.58 539.95
___________ 145.56
_______ 203,321.20
$ 1,960,787.96

39

REGENTS CENTRAL OFFICE
SCHEDULE OF INVESTMENT IN PLANT Year Ended June 30, 1987

LAND 2875 Habersham Road, N.H. 304.6 Acres in Bartow County
TOTAL LAND
BUILDINGS Chancellor's Residence
TOTAL BUILDINGS
LIBRARY COLLECTIONS General Acquisitions
TOTAL LIBRARY COLLECTIONS
EQUIPMENT Regents Central Office Chancellor1s Residence
TOTAL EQUIPMENT
TOTAL INVESTMENT IN PLANT

YEAR ACQUIRED

INVESTMENT JULY 1, 1986

ADDITIONS

$

20, 000.00 $

1.370.700.00

1.390.700.00

IMyjUCTIONS $

TRANSFERS__

INVESTMENT JUNE 30, 1987

$

$

______________

20, 000.00 1,370,700.00
1,390,700.00

1965

83,794.12 ________ 83,794.12

83,794.12 83,794.12

________ 19,072.77 ________ 19,072.77

2.623.11 _____________ _ 2.623.11 ______________

21,695.88 21,695.88

579,002.87

70.215.29

189,439.20

________ 18,701.00 ______________________________ 13,882.00

_______ 597,703.87 $ 2,091,270.76 $

70.215.29 72,838.40 $

203,321.20 203,321.20 $

459,778.96 4,819.00
464,597.96
$ 1,960,787.96

SCHEDULE OF OPERATION OF AGENCY FUNDS - PRIVATE TRUST Year Ended June 30, 1987

FUNDS HELD ON DEPOSIT Regents M A P Workshop Affirm Act/Equal Opp Officer's Conference Authority Lease Rental Payments Chancellor's Discretionary Fund Collection Clearing Accounts General/lnstitutions Insurance/Employees Personal Liability Other Georgia Institute of Genetics - Dissolution Fund Portrait and Gift Fund Presidents Seminar Retirement Gift Fund Surplus/University System Educational and General Plant Funds Regents Scholarships
TOTAL FUNDS HELD ON DEPOSIT

FUND BALANCE JULY 1, 1986

RECEIPTS

DISBURSEMENTS

FUND BALANCE JUNE 30, 1987

$

129.18 $

3,620.00 $

3,187.80 $

506.64

236.98

6,399.16

6,399.16

170.02

561.38 269.66
170.02

353.89

6,815,306.44 1,535,852.00
90.00 28,600.00
5,390.00 470.00

6,815.306.44 1,535,852.00
90.00 28,600.00
4,864.13 470.00

353.89 525.87

1,061,719.16 48,146.42 4,977.00

1,061,719.16 48,146.42 4,977.00

7,558.89

9,504,171.02

9,509,849.09

1,880.82

40

REGENTS CENTRAL OFFICE SCHEDULE OF OPERATION OF AGENCY FUNDS - PRIVATE TRUST (Continued)

PAYROLL OPERATIONS Payroll Deductions Federal Withholding Taxes Employees State Withholding Taxes - Employees P I C A - Employees Teachers Retirement - Employees Group Insurance - Health/Employees Group Insurance - Life/Employees Group Insurance - Disability/Employees State Employees Credit Union U S Savings Bonds Georgia Deferred Compensation Plan Tax Sheltered Annuity Programs Lincoln Life Insurance National Life Insurance TIAA-CREF Travelers Insurance Valic Insurance Employer Liability F I C A - Employer Group Insurance - Health/Employer Group Insurance -- Life/Employer Teachers Retirement - Employer
TOTAL PAYROLL OPERATIONS
TRANSMITTAL OF STATE APPROPRIATIONS - NON AUTOMATED Educational and General General Unexpended Plant Funds General Major Repair/Rehabilitation Funds (MRRF)
TOTAL TRANSMITTAL OF STATE APPROPRIATIONS
TOTAL AGENCY FUNDS - PRIVATE TRUST

FUND BALANCE _JULY lf 1986

RECEIPTS

DISBURSEMENTS

FUND BALANCE JUNE 30, 1987

492,843.45 130,475.56 179,643.67 174,190.76
39,422.90 34,002.76
3,252.61 37,504.47
1,475.00 27,250.00
6,399.84 600.00
18,360.00 3,600.00
27,704.00
179,768.28 117,254.80
10,934.40 389,894.79
1,874,577.29

492,843.45 130,475.56 179,643.67 174,190.76
39,422.90 34,002.76
3,252.61 37,504.47
1,475.00 27,250.00
6,399.84 600.00
18,360.00 3,600.00
27,704.00
179,768.28 117,254.80
10,934.40 389,894.79
1,874,577.29

32,003,149.00

32,003,149.00

76,200.00 6,936,929.67

76,200.00 6,936,929.67

39,016,278.67

39,016,278.67

$

7,558.89

$50,395,026.98

$50,400,705.05

$

1,880.82

41

REGENTS CENTRAL OFFICE
UNIVERSITY SYSTEM OF GEORGIA REGENTS ALLOTMENT ACCOUNT FISCAL YEAR 1987

STATE APPROPRIATIONS AVAILABLE General Appropriations Act of 1987 House Bill 1300, Section 38 Indirect DOAS Funding - Communications Amended General Appropriations Act of 1987 House Bill 2, Section 38 House Bill 223, Section 38 Reduction of Resident Instruction (DeKalb Community College) Other Additions/Deductions, Net Governor's Emergency Funds Executive Order 6 - April 9, 1987 Executive Order 7 - April 23, 1987
TOTAL STATE APPROPRIATIONS AVAILABLE

$ 724,655,353.00 3,583,000.00
2 0 0 ,0 0 0 .0 0
(5,000,000.00) 2,016,863.00
3 ,000.00 ________ 5,000.00
$ 725,463,216.00

ALLOCATIONS BY BOARD OF REGENTS General Operations Teaching Non-Teaching Other Activities Regents Central Office Southern Regional Education Board Payments Rental Payments - Georgia Military College Eminent Scholars Program Total Other Activities Total General Operations
Capital Outlay Plant Renovations and Improvements General Major Repair/Rehabilitation Funds Authority Lease Rentals
Total Capital Outlay
Scholarships Regents Scholarships Medical Scholarships Regents Opportunity Grants
Total Scholarships
TOTAL ALLOCATIONS BY BOARD OF REGENTS

$ 576,825,467.00 111,765,281.00

$ 4,533,713.00 6,181,600.00
608,124.00 500,000.00 --------------

11.823,437.00 --------------- -

$ 700,414,185.00

1.676.200.00 9.734.041.00 12.227,040.00 -- ------------
2 0 0 ,0 0 0 .0 0
611,750.00 600,000.00 ----------

23,637,281.00

1.411,750.00

$ 725,463,216.00

42

REGENTS CENTRAL OFFICE

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF ALLOCATION BY BOARD OF REGENTS
Year Ended June 30, 1987

EDUCATIONAL AND GENERAL OPERATIONS

PLANT ADDITIONS AND IMPROVEMENTS

STUDENT AID

TOTAL ALLOCATIONS

Georgia Institute of Technology Georgia Tech Research Institute Engineering Extension Division Center for Rehabilitation Technology Advanced Technology Development Center
Georgia State University Medical College of Georgia
Eugene Talmadge Memorial Hospital Family Practice Residency Program Special Desegregation Programs Georgia Radiation Therapy Center University of Georgia Agricultural Experiment Stations Cooperative Extension Service Marine Extension Service Marine Institute Veterinary Medicine Experiment Station Veterinary Medicine Teaching Hospital Office of Minority Business Enterprises Athens/Tifton Veterinary Laboratories

$ 61,943,256.00 $ 9,794,578.00 537,115.00 631,152.00 1,018,518.00
76,532,089.00 56,366,278.00 29,438,910.00
5,447,886.00 338,350.00 1,375.00
152,982,910.00 29,210,440.00 28,793,523.00 1,011,872.00 770,142.00 2,690,702.00 415,896.00 303,679.00 53,102.00

377,763.00 $
549,666.00 232,749.00
1 0 ,0 0 0 .0 0

1 0 ,2 0 0 .0 0
35,500.00 3,250.00
32,700.00

$ 62,331,219.00 9,794,578.00 537,115.00 631,152.00 1,018,518.00
77,117,255.00
56,602,277.00 29,438,910.00
5,447,886.00 338,350.00 1,375.00
153,025,610.00 29,210,440.00 28,793,523.00 1,011,872.00 770,142.00 2,690,702.00 415,896.00 303,679.00 53,102.00

Albany State College
Armstrong State College Augusta College Clayton State College Columbus College Fort Valley State College Georgia College Georgia Southern College Georgia Southwestern College Kennesaw College North Georgia College Savannah State College Southern College of Technology Valdosta State College West Georgia College

9,861,414.00 8,058,637.00 9,188,154.00 5,892,229.00 12,547,935.00 10,231,381.00 9,853,041.00 20,508,309.00 7,837,151.00 13,347,443.00 6,373,573.00 9,873,692.00 10,846,603.00 15,239,557.00 16,451,453.00

754,314.00 124,302.00 201,531.00 363,175.00 368,610.00 322,809.00 267,227.00 714,990.00
26,758.00 207,641.00 372,500.00 546,681.00 2 ,263,562.00 186,076.00 381,775.00

3,100.00 3,950.00 6,471.00 2,880.00 5,100.00 2,500.00 3,100.00 14,700.00 4,000.00 6,318.00 4,500.00 4,300.00 10,929.00 8,900.00 8,900.00

10,618,828.00 8,186,889.00
9,396,156.00 6,258,284.00
12,921,645.00 10,556,690.00 10,123,368.00 21,237,999.00
7,867,909.00 13,561,402.00
6,750,573.00 10,424,673.00 13,121,094.00 15,434,533.00 16,842,128.00

Abraham Baldwin Agricultural College Albany Junior College Atlanta Junior College Bainbridge Junior College Brunswick Junior College Dalton Junior College DeKalb Community College Emanuel County Junior College Floyd Junior College Gainesville Junior College Gordon Junior College Macon Junior College Middle Georgia College South Georgia College Waycross Junior College Skidaway Institute of Oceanography
Sub-Total

6,243,098.00 4,330,690.00 3,533,475.00 2,127,243.00 3,249,336.00 3,449,679.00 10,861.636.00 1,508,644.00 3,569,075.00 3,641,126.00 2,924,022.00 4,739,253.00 5,072,679.00 3,713,908.00 1,624,583.00 1,308,041.00 686,288,833.00

218,500.00 437,477.00
1 0 ,0 0 0 .0 0 54,200.00 359,900.00 250,700.00 312,950.00 83,000.00 227,000.00 165,230.00 118,115.00 53,025.00 544,104.00 226,035.00 41,602.00 36,274.00 ,410,241.00

2,500.00
1,800.00
1,700.00
6,500.00 700.00
1,800.00 2,702.00
3,900.00 1,900.00 4,500.00
700.00
2 0 0 ,0 0 0 .0 0

6,464,098.00 4,768,167.00 3,545,275.00 2,181,443.00 3,810,936.00 3,700,379.00 11,181,086.00 1,592,344.00 3,797,875.00 3,809,058.00 3,042,137.00 4,796,178.00 5,618,683.00 3,944,443.00 1,666,885.00 1,344,315.00 697,899,074.00

Authority Lease Rentals Eminent Scholars Health Insurance Reserve Medical Scholarships Regents Central Office Regents Opportunity Grants Rental Payment to Georgia Military College Southern Regional Education Board
Administrative Emory University Medical Student Grants Meharry Medical College Mercer University (Medicine) Morehouse College (Medicine) Southern College of Optometry (Memphis) Tuskegee Institute (Veterinary Medicine) University of Alabama in Birmingham (Optometry) West Virginia School of Osteopathic Medicine
TOTAL ALLOCATIONS

500,000.00 2,300,000.00

1 2 ,,227,040.00

4,535,628.00

608,124.00

1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0

$ 700,414,185.00 L 23,,637,281.00 $

611,750.00 600,000.00
1,411,750.00

12,227,040.00 500,000.00
2,300,000.00 611,750.00
4,535,628.00 600,000.00 608,124.00
1 0 ,0 0 0 .0 0 1,168,750.00
49,950.00 878,900.00 3,682,550.00 185,000.00
55,450.00 65,000.00 8 6 ,0 0 0 .0 0
$ 725,463,216.00

43

Georgia Institute of Technology FINANCIAL REPORT
For the Year Ended June 30, 1987

GEORGIA INSTITUTE OF TECHNOLOGY Atlanta, Georgia

Henry C. Bourne
Acting President

Richard Fuller, Jr.
Vice President for Business and Finance

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS

1987

1986

L I A B I L I TI ES AND FUND BALANCES

1987

1986

COl oo1

CURRENT FUNDS Resident Instruction Funds
Petty Cash Cash in Banks - Demand Deposits
Receivables State Appropriation - General
Student Accounts Other Due from Endowment Funds
Prepaid Expenses Inventories Total Resident Instruction Funds

Oeolj

$

35, 500. 00

1 0 ,865, 883. 28

1 ,0 0 0 ,0 0 0 .00 758, 876. 41 378, 088. 77 47,,0 0 0 .00 8 ,406. 50 603,,892.,08
13 ,697,,647.,04

00

$

32,,950. 00

00

5,

702. 48

it

1 ,,750,,0 0 0 .,00 603,,199.. 6 6 518,,0 0 1 ..07 35 ,252,.00 8 ,,186..60 614 ,893,.49 ,981 ,105

CURRENT FUNDS Resident Instruction Funds Accounts Payable Accrued Payroll Expense Accrued Staff Benefits Deferred Revenue - Tuition and Fees Reserve for Inventories Fund Balance - Unallocated
Total Resident Instruction Funds

$ 6,657,983.52 489,417.53
1,496,159.93 4,502,484.08
550,000.00 1,601.98

$ 2 ,,8 8 8 ,,035..8 6 416,,429.,15
1 ,699,,625..52 3,,360,,941..96
614,,893,.49 1 ,,259,.32

13,697,647/5^

,981,,185..30

Georgia Tech Research Institute

t* O)

Georgia Tech Research Institute
Petty Cash Cash in Banks - Demand Deposits

30 ,925,.53 1 ,051,,270.,17

30,,141. 77 681, 761. 02

Accounts Payable Accrued Payroll Expense Accrued Staff Benefits

1,720,451.64 191,148.39 271,238.28

681,,136.,99 148,,434..63 592,,075..76

Receivables Other Prepaid Expenses
Total Georgia Tech Research Institute

1 ,059,,706.,71 42 ,144,.81
2 ,184,,047..2 2

Ol

707, 113. 59 2 ,,631. 00 647. 38

Fund Balance - Unallocated Total Georgia Tech Research Institute

1,208.91 2,184,047/22

1

.647.,38

Engineering Extension Division
Petty Cash Cash in Banks - Demand Deposits
Receivables Student Accounts State Agencies Other Prepaid Expenses
Total Engineering Extension Division

200 .0 0 (89 ,512 .59) 516 ,792 .09
183 ,295 .25 610 ,774 .75

2 0 0 ..0 0 (119,,661,.24)
562 ,460,.31 5,,352,.56 1 ,837 .50
450 ,189 .13

Engineering Extension Division Accounts Payable Accrued Payroll Expense Accrued Staff Benefits Deferred Revenue Fund Balance - Unallocated
Total Engineering Extension Division

78,606.51 8,110.63
23,431.61 498,728.00
1,898.00
610,774.75

34,,903. 0 1 13,,072.,58 33,,394.,43 361,,500..97
7,,318..14
450,,189

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS

L I A BI LI TIE S AND FUND BALANCES

1987

1986

1987

1986

CURRENT FUNDS (Continued) Center for Rehabilitation Technology Petty Cash Cash in Banks - Demand Deposits
Total Center for Rehab. Technology

10 0.00 70,068.69
70,168.69

51,629.15 51,629.15

CURRENT FUNDS (Continued) Center for Rehabilitation Technology Accounts Payable Accrued Payroll Expense Accrued Staff Benefits Fund Balance - Unallocated Total Center for Rehab. Technology

61,937.24 5,066.04 1,232.81 1,932.60
70,168.69

48,899.59 1,989.71 14.12 725.73
51,629.15

Advanced Technology Development Ctr. Cash in Banks - Demand Deposits Receivables Prepaid Expenses
Total Advanced Tech. Development Ctr.

39,284.16 505.00
39,789.16

17,911.49 17,911.49

Advanced Technology Development Ctr. Accounts Payable Accrued Payroll Expense Accrued Staff Benefits Fund Balance - Unallocated
Total Advanced Tech. Development Ctr.

25,077.44 4,866.63 6,020.18 3,824.91
39,789.16

3,572.25 2,389.20 10,948.48 1,001.56 17,911.49

Restricted Funds Cash in Banks - Demand Deposits Due from Endowment Funds
Receivables Federal Funds State Funds Private Funds
Total Restricted Funds

(6,657,617.59) 72,473.93
7,411,634.07 74,378.08
3,327,487.54 4,228,356.03

(4,700,633.59) 129,386.46
4,592,912.47 147,774.15
3,175,459.07 3,344,898.56

Restricted Funds Fund Balance
Total Restricted Funds

4,228,356.03

3,344,898.56

4,228,356.03

3,344,898.56

Auxiliary Enterprises Funds Petty Cash Cash in Banks - Demand Deposits Cash in Banks - Time Deposits Receivables Student Accounts Other Prepaid Expenses Inventory - Merchandise for Resale Investment
Total Auxiliary Enterprises Funds

55,200.00 86,944.52 6,675,164.16 48,520.40 820,336.39 12,756.25 1,891,457.35 432,274.20
10,022,653.27

55,200.00 1,505,619.77 4,140,394.33
40,399.00 862,056.78
12,836.95 1,790,827.30
540,419.57
8,947,753.70

Auxiliary Enterprises Funds Accounts Payable Accrued Payroll Expense Accrued Staff Benefits Deposits Deferred Revenue Due to Unexpended Plant Funds Due to G.T.R.C. Reserves for Inventories Renewals and Replacements Student Health Parking Lots Food Service (.52) Campus Transportation Fund Balance - Unallocated
Total Auxiliary Enterprises Funds

223,845.08 34,979.42 34,353.37
487,120.00 651,935.88 1,624,012.72 432,224.20
1,841,142.33 1,392,100.49
470,193.37 375,382.43
19,976.52 232,096.70 2,203,290.76 10,022,653.27

474,187.22 33,242.94 45,533.78
480,245.00 1,390,009.49
636,406.33 540,419.57
1,790,827.30 1,383,505.36
257,109.88 271,151.32
12,512.31 156,845.74 1,475,757.46 8,947,753.70

TOTAL CURRENT FUNDS

$ 30,853,436.16 $ 23,215,214.71 TOTAL CURRENT FUNDS

$ 30,853,436.16 $ 23,215,214.71

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS
1987

_______ 1986

LIABILITIES

AND

FUND BALANCES

1987

1986

LOAN FUNDS Cash in Banks - Demand Deposits Cash in Banks - Time Deposits Receivables Student Notes Investments At Book Value

$ 571,757.48 40,768.80
4,846,754.31

$ 319,312.68
4,628,784.89 407,565.00

LOAN FUNDS Fund Balance Federally Funded Loan Programs Perkins Loan Program Privately Funded Loan Programs

TOTAL LOAN FUNDS

$ 5,459,280.59 $ 5.355,662.57 TOTAL LOAN FUNDS

ENDOWMENT FUNDS Cash in Banks - Demand Deposits Cash in Banks - Time Deposits Cash in S & L - Time Deposits Investments ~ At Book Value
TOTAL ENDOWMENT FUNDS

$ 139,133.14
52,594.06 78,037.62 2 4 ,5 8 3 ,1 5 3 .9 4

$

28,609.16

14,763,240.88

$ 24,852,918.76 ^ 1 4 j7 9 1 j8 M j0 4

PLANT FUNDS Unexpended Plant Funds Cash in Banks - Demand Deposits
Receivables State Appropriation - M R R F Reimbursables - G S F I C Georgia Tech Foundation Georgia Tech Research Corporation Due from Auxiliary Enterprises Funds Due from Endowment Funds
Total Unexpended Plant Funds

27,879.89
77,763.00 1,150,088.99
268,331.01
1,624,012.72 198,486.84
3,346,562.45

$ (252,496.23)
254,415.00 515,752.86
31,227.61 636,406.33 404,109.88 1.589,415.45

ENDOWMENT FUNDS Due to Resident Instruction Funds Due to Restricted Funds Due to Plant Funds Fund Balance
TOTAL ENDOWMENT FUNDS
PLANT FUNDS Unexpended Plant Funds Accounts Payable Due to Other State Agencies Fund Balance - Unallocated
Total Unexpended Plant Funds

Investment in Plant Land Buildings and Additions Improvements Other Than Buildings Equipment Library Collections
Total Investment in Plant
TOTAL PLANT FUNDS

12,752,043.65 137,055,928.49
14,248,221.54 130,324,087.90
18.797,863.50 313,178,145.08
$316.524,707.53

12,507,719.02 130,965,343.23
14,077,033.16 117,951,924.09
17.282,986.52 292.785,006.02
$294,374,421.47

Investment in Plant Equity of Trust Funds Equity of GEA (University) Net Investment in Plant
Total Investment in Plant
TOTAL PLANT FUNDS

$ 4,667,151.40 792,129.19

$ 4,594,223.36 761,439.21

$ 5,459,280.59 $ 5.355,662.57

$

47,000.00

72,473.93

198,486.84

24,534,957.99

$ 24,852,918.76

$

35,252.00

129,386.46

404,109.88

14,223,101.70

$ 14,791,850.04

$ 2,274,950.97 1,070,806.62 804.86

$ 1,114,531.06 471,688.10 3,196.29

3.346,562.45

1,589,415.45

150,286.65 2,899,846.00 310,128,012.43

183,825.77 3,435,432.00 289,165,748.25

313.178,145.08 $316,524,707.53

292,785,006.02 $294.374,421.47

GEORGIA INSTITUTE OF TECHNOLOGY
BALANCE SHEET June 30, 1987 With Comparative Figures at June 30, 1986

ASSETS

1987

1986

LIABILITIES

AND

FUND BALANCES

1987

1986

AGENCY FUNDS - PRIVATE TRUST Petty Cash Cash in Banks - Demand Deposits
TOTAL AGENCY FUNDS - PRIVATE TRUST

$

6,056.20 $

6,070.23

2,006,547.53

2,378,815.59

$ 2,012,603.73 $ 2,384,885.82

AGENCY FUNDS - PRIVATE TRUST Fund Balance
TOTAL AGENCY FUNDS - PRIVATE TRUST

$ 2,012,603.73 $ 2,384,885.82 $ 2,012,603.73 $ 2,384,885.82

AGENCY FUNDS - STUDENT ACTIVITIES Petty Cash Cash in Bank - Demand Deposits Cash in Bank - Time Deposits Receivables Student Accounts Prepaid Expenses

AGENCY FUNDS - STUDENT ACTIVITIES

$

825.00 $

825.00

Accounts Payable

293,156.73

440,070.63

Accrued Payroll Expense

100,000.00

100,0 0 0.00

Deferred Revenue ~ Tuition and Fees

Fund Balance - Allocated

26,292.00

22,920.00

Fund Balance - Unallocated

_______ 1,535.00

$ 143,025.81 $ 135,766.95

8,223.15

9,941.03

21,372.00

128,153.75

53,239.60

83,691.47

194,413.17

207,797.43

t* CO

TOTAL AGENCY FUNDS - STUDENT ACTIVITIES

$ 420,273.73 $

565,350.63

TOTAL AGENCY FUNDS - STUDENT ACTIVITIES

$ 420,273.73 $

565,350.63

GEORGIA INSTITUTE
STATEMENT OF CHANGES Year Ended

FUND BALANCE, July 1, 1986 as Previously Reported Adjustments per State Audit
FUND BALANCE, ADJUSTED July 1, 1987

Resident Instruction

CURRENT FUNDS

Other Organized Restricted

Activities

Funds

Auxiliary Enterprises

$

1,259.32 $

149,990.23

9,045.43 $(4,571,247.13) (? 1,475,757.46

(1,887.50)

717.18

151,249.55

7,157.93 (4,571,247.13)

1,476,474.64

REVENUE AND OTHER ADDITIONS Unrestricted Revenue Restricted Revenue Restricted Additions - Gifts, Grants & Contracts Federal Sources State Sources Private Sources Endowment Funds Interest Income on Student Loans Investment Income Federal Reimbursement - P L P Capital Gains Adjustments - Prior Year Accounts Receivable Accounts Payable Void Checks Expenditures Cash Receipts Income - Texas Farm Income Distributions Received Additions to Plant Properties Other Additions
TOTAL REVENUE AND OTHER ADDITIONS

100,246,206.82 36,385,233.60

-

35,582,124.91 44,674,675.20

-

-

63,273,275.43

-

-

1,772,781.69

-

-

35,270,210.29

-

-

590,200.10

-

-

-

-

-

-

-

yr

(26,803.59)

(32,945.52)

-

26,560.93

48,120.59

11,685.98

3,143.98

(38,519.20)

29,023.61

-

(12,485.35)

7,005.85

'~

-

11 "

-

"

135,788,770.50 81,114,257.31 100,906,467.51

22,630,717.60
-
~ ~
298,753.35 *
(29,549.22) 31,866.25
3,582.84 (1,852.35) (1,946.24)
--
--
22,931,572.23

EXPENDITURES AND OTHER DEDUCTIONS Unrestricted Expenditures Restricted Expenditures Net Lapse of Surplus - Prior Year Provisions for Reserves Inventories Renewals and Replacements Student Health Parking Lots Campus Transportation Food Service .52 Transfers to Agency Funds Resident Instruction Funds Direct Expenditures Indirect Cost Recoveries Restricted Funds Unexpended Plant Funds Collection Costs Loan Cancellations and Write-Offs Capital Losses Expenses From Estates Managed by Trustee Expense - Award Expense - Texas Farm Distribution per Trust Agreements Disposal of Plant Properties Other Deductions
TOTAL EXPENDITURES AND OTHER DEDUCTIONS
FUND BALANCE, June 30, 1987

100,205,043.61 36,430,717.69

-

19,293,927.07

35,582,124.91 44,674,675.20

151,249.55

7,157.93

--

-

-

-

50,315.03

-

-

1,064,852.52

-

228,170.60

-

-

-

264,004.82

-

-

~

75,250.96

T

6,106.86

--

-

-

80,256,800.11

-

-j

22,663,563.93

"

-

"

-

-

-

1,222,128.25

hf

-

-

*

_

"

--

-

"

--

""

--

"

`*

135,938,418.07

81,112,550.82 102,920,364.04

22,204,756.11

$

1,601.98 $

8,864.42 $ (6,585,143.66) $ 2,203,290.76

50

OF TECHNOLOGY
IN FUND BALANCES June 30, 1987

LOAN FUNDS $ 5,355,662.57
5,355,662.57

ENDOWMENT FUNDS
$ 14,223,101.70
14,223,101.70

PLANT FUNDS

Investment

Unexpended

In Plant

$

3,196.29 $ 292,785,006.02

3,196.29

292,785,006.02

AGENCY FUNDS Student
Activities
$ 291,488.90 _______ 61.34
291,550.24

-
2,018.00 104,817.77
12,505.08 77.00
-
3,591.32
-
-
123,009.17

-
20,416.08
_
1,480,518.08
-
8,843,333.33
113.63 1,326,732.32
501,961.51 12,173,074.95

4,947,995.60
804.86 4,948,800.46

1,401,539.52 -

-
24,807,665.88 24,807,665.88

(90.00) 4,491.05
527.81 .64
(93.50)
1,406,375.52

4,947,995.60

-

3,196.29

l

1,450,272.99

-

15,000.00



47,000.00

-
3,931.02 15,460.13
-
-
-
-
_
19,391.15
$ 5,459,280.59

589,450.10 630,155.20
-
-
40,728.85 31,888.72
619.00 806.19 3,609.09
501,961.51
1,861,218.66
$ 24,534,957.99

4,414,526.82

4,951,191.89 $_______ 804.86

4,414,526.82 $ 313,178,145.08

1,450,272.99 $ 247,652.77

51

GEORGIA INSTITUTE OF TECHNOLOGY

STATEMENT OF CHANGES IN FUND BALANCES (Continued)

OTHER ORGANIZED ACTIVITIES

Georgia Tech Research Institute

Engineering Extension Division

Center for

Technology

Rehabilitation Development

Technology

Center

FUND BALANCE, July 1, 1986 as Previously Reported Adjustments per State Audit
FUND BALANCE, ADJUSTED July 1, 1987

$

_

$

7,318.14 $

725.73

______ (1,775.00) _______ (112.50) _______ I______

(1,775.00) ______ 7,205.64 ________ 725.73

$ 1,001.56 _____ _______
1,001.56

Total Other Organized Activities
$ 9,045.43 (1,887.50
7,157.93

REVENUE AND OTHER ADDITIONS Unrestricted Revenue Restricted Revenue Restricted Additions - Gifts, Grants & Contracts Federal Sources State Sources Private Sources Endowment Sources Interest Income on Student l/>ans Investment Income Federal Reimbursement - P L P Capital Gains Adjustments - Prior Year Accounts Receivable Accounts Payable Void Checks Expenditures Cash Receipts Income Texas Farm Income Distributions Received Additions to Plant Properties Other Additions
TOTAL REVENUE AND OTHER ADDITIONS

30,631,686.35 44,356,244.49
(4,567.05) 43,875.40
3,108.21 24,071.31
10.85
75.054,429.56

4,077,236.00 200,050.03
(28,378.47) 2,363.92 35.77 7,148.77 6,995.00
4.265,451.02

634,836.84 1,041,474.41

84,178.19

34,202.49

36,385,233.60 44,674,675.20

980.27 (2,126.86)

901.00 (69.61)

(32,945.52
48,120.59 3,143.98
29,023.61 7,005.85

717,868.44 1,076.508.29 81,114,257.31

EXPENDITURES AND OTHER DEDUCTIONS Unrestricted Expenditures Restricted Expenditures Net Lapse of Surplus - Prior Year Provisions for Reserves Inventories Renewals and Replacements Student Health Parking Lots Campus Transportation Food Service .52 Transfers to Agency Funds Resident Instruction Funds Direct Expenditures Indirect Cost Recoveries Restricted Funds Unexpended Plant Funds Collection Costs Loan Cancellations and Write-Offs Capital Losses Expenses From Estates Managed by Trustee Expense - Award Expense - Texas Farm Distribution per Trust Agreements Disposal of Plant Properties Other Deductions
TOTAL EXPENDITURES AND OTHER DEDUCTIONS
FUND BALANCE, June 30, 1987

30,696,976.16 44,356,244.49
(1,775.00)

4,063,502.99 200,050.03 7,205.64

631,757.65 1,038,480.89

84,178.19

34,202.49

725.73

1,001.56

36,430,717.69 44,674,675.20
7,157.93

_

-

-

-

-

-

-

I

-

-

-

-

-

-

-

-

_

75,051,445.65

4.270,758.66

$

1,208.91

1.898.00 $

-

-

-

-

"

-

-

--

-

-

______ _I______

716.661.57 1.073,684.94

81.112.550.82

1,932.60 $ 3,824.91 $

8,864.42

52

GEORGIA INSTITUTE OF TECHNOLOGY
SUMMARY STATEMENT OF CURRENT FUNDS REVENUES, EXPENDITURES, AND OTHER CHANGES Year Ended June 30, 1987
With Comparative Figures for 1986

EDUCATIONAL AND GENERAL

Unrestricted

Restricted

1987 AUXILIARY
ENTERPRISES

TOTAL

1986 TOTAL

REVENUE

Resident Instruction

General Operations

Student Tuition and Fees

$28,430,159.29 $

$

State Appropriations

61,943,256.00

Gifts and Grants

97,875.77

Indirect Cost Recoveries

7,031,558.03

Endowment Income

47,000.00

Sales and Services of Educational

Activities

57,392.37

Other Sources

1,355,964.03

Departmental Sales and Services

Revenues for Program Support

2,319,881.50

Less: Quasi-Revenue

(1,036,880.17)

Sponsored Operations Federal Grants and Contracts

15,689,918.28

State Grants and Contracts

621,842.51

Local Grants and Contracts

170,267.86

Private Grants and Contracts

16,825,637.35

Foundation Supplements

1,865,281.55

Endowment Income

409,177.36

Georgia Tech Research Institute

General Operations

State Appropriations

9,794,578.00

Gifts and Grants

97,197.04

Indirect Cost Recoveries

14,734,926.71

Other Sources

5,046,737.48

Departmental Sales and Services

Revenues for Program Support

958,247.12

Sponsored Operations

Federal Grants and Contracts

33,217,078.29

State Grants and Contracts

295,009.03

Local Grants and Contracts Private Grants and Contracts

21,426.89 10,822,730.28

Engineering Extension Division

General Operations

Student Tuition and Fees State Appropriations Gifts and Grants Indirect Cost Recoveries Other Sources Departmental Sales and Services Revenues for Program Support Sponsored Operations Federal Grants and Contracts Private Grants and Contracts Center for Rehabilitation Technology General Operations State Appropriations Indirect Cost Recoveries Other Sources Sales and Services of Educational
Activities Sponsored Operations
State Grants and Contracts Local Grants and Cotracts Private Grants and Contracts Advanced Technology Development Center General Operations State Appropriation Indirect Cost Recoveries Other Sources Sponsored Operations Federal Grants and Contracts Private Grants and Contracts Auxiliary Enterprises Student Housing Faculty and Staff Housing Food Services Bookstore Other Service Units

3,510,774.43 537,115.00 28,881.79 464.78
631,152.00 1,753.85 270.12 1,660.87
1,018,518.00 16,443.55 6,512.86

194,673.43 5,376.60
76,858.68 4,290.53 3,028.98
1,270.30 32,932.19

$ 28,430,159.29 $ 25,329,589.96

61,943,256.00

57,057,829.00

97,875.77

166,981.60

7,031,558.03

7,218,747.36

47,000.00

37,252.00

57,392.37 1,355,964.03

206,381.53 1,013,745.73

2,319,881.50 (1,036,880.17)

1,574,398.30 (715,985.74

15,689,918.28 621,842.51 170,267.86
16,825,637.35 1,865,281.55 409,177.36

17,641,980.25 518,671.19 19,852.88
12,772,770.11 1,150,726.13 330,145.00

9,794,578.00 97,197.04
14,734,926.71 5,046,737.48
958,247.12
33,217,078.29 295,009.03 21,426.89
10,822,730.28

8,437,360.00
16,058,727.64 3,595,141.20
628,695.61
26,377,665.71 257,561.71 8,097.42
10,129,517.81

7,275,095.88 127,167.94
3,226,980.96 8,853,142.46 3,447,083.71

3,510,774.43 537,115.00
28,881.79 464.78
194,673.43 5,376.60
631,152.00 1,753.85 270.12
1,660.87
76,858.68 4,290.53 3,028.98
1,018,518.00 16,443.55 6,512.86
1,270.30 32,932.19
7,275,095.88 127,167.94
3,226,980.96 8,853,142.46 3,447,083.71

3,066,656.37 930,260.00 88,630.30 (3,588.18) 275.00 4,477.57 7,063.05 8,666.48
356,175.00
373.00
874,054.00 18,764.92 4,023.59
38,095.47 7,088,868,10
125,978.18 2,988,895.44 6,255,566.36 3,023,676.96

TOTAL REVENUE

136,631,440.42 80,256,800.11 22,929,470.95 239,817,711.48 214,692,764.01

53

GEORGIA INSTITUTE OF TECHNOLOGY SUMMARY STATEMENT OF CURRENT FUNDS REVENUES, EXPENDITURES, AND OTHER CHANGES (Continued)

________________________________ 1987________ __________________

EDUCATIONAL AND GENERAL

AUXILIARY

1986

Unrestricted- Restricted

ENTERPRISES

TQT4I-

==^=s=s=r=

EXPENDITURES Educational and General Resident Instruction Instruction Research Academic Support Student Services Institutional Support Operation and Maintenance of Plant Scholarships and Fellowships Georgia Tech Research Institute Research Public Service Institutional Support Operation and Maintenance of Plant Engineering Extension Division Instruction Institutional Support Operation and Maintenace of Plant Center for Rehabilitation Technology Public Service Institutional Support Advanced Technology Development Cente
Public Service Institutional Support Operation and Maintenance of
Plant Auxilary Enterprise
Student Housing Faculty and Staff Housing Food Services Bookstore Other Service Units

41,459,486.11 12,500,754.31 15,589,400.26
2,973,387.23 13,736,466.07
13,945,549.63
17,148,346.63 413,639.70
10,500,348.20
2,634,641.63
3,980,135.26 21,371.56
61,996.17
630,030.90 1,726.75
806,750.94 52,900.39
178,829.56

5,032,256.58 21,900,088.11
3,365,945.86 26,261.68
1,220,333.53
4,037,239.15 44,350,324.28
239.33 5,680.88 200,050.03
84,178.19
34,202.49

TOTAL EXPENDITURES

136,635,761.30 $80,256,800.11

Excess of Revenue over Expenditures

(4,320.88)

Beginning Fund Balance, Adjusted Adjustments Other Than State Audit Lapsed Surplus Returned Prior Year Transfers to Other Funds Provisions for Reserves

158,407.48 14,787.28
(158,407.48)

ENDING FUND BALANCES

$

10,466.40

46,491,742.69 34,400,842.42 18,955,346.12
2,999,648.91 14,956,799.60

41,092,504.71 33,454,085.54 17,663,766.02
2,824,350.42 12,942,307.80

13,945,549.63 4,037,239.15

12,360,155.88 4,160,506.72

61,498,670.91 413,639.70
10,500,587.53

53,102,121.26 10,306,139.78

2,640,322.51

2,167,054.51

4,180,185.29 21,371.56

4,006,761.10 21,178.68

61,996.17

74,500.81

714,209.09 1,726.75

355,822.27

840,953.43 52,900.39

741,955.71 30,020.37

178,829.56

162,759.74

5,490,141.83 73,212.05
3,089,222.68 8,011,246.23 2,630,104.28

5,490,141.83 73,212.05
3,089,222.68 8,011,246.23 2,630,104.28

5,492,546.59 59,842.55
2.881.051.42 5.875.125.42 2.454,472.52

19,293,927.07 236,186,488.48 212.229.029.82

3,635,543.88

3,631,223.00

2,463,734.19

1,476,474.64 2,101.28
(1,222,128.25) (1,688,700.79)

1,634,882.12 16,888.56
(158,407.48) (1,222,128.25) (1,688,700.79)

1,558,664.81 252,218.31 3,551.51
(800,413.98) (1.991,692.63)

$ 2,203,290.76 $ 2,213,757.16 $ 1,486,062.21

54

GEORGIA INSTITUTE OF TECHNOLOGY
SCHEDULE OF CURRENT FUNDS REVENUES Year Ended June 30, 1987

EDUCATIONAL AND GENERAL REVENUE RESIDENT INSTRUCTION General Operations Student Tuition and Fees Matriculation Non-Resident Tuition Other Student Fees State Appropriations State of Georgia - General State of Georgia - Indirect Funding Gifts and Grants Federal Private Indirect Cost Recoveries Federal State Local Private Endowment Income Sales and Services of Educational Activities Library Fines Transcript Fees Public Service Fees Sales and Services - Media-Based Instruction Sale of Microfiche Catalogs and Supplements Library Architecture - Technical Assistance Physics Lab Services Other Sources Rents Salvage Sales Revenue - Post Office Chemistry Breakage Fees Returned Check Penalties General and Miscellaneous Transfer from G.T.R.I. Insurance Recoveries Administrative Cost Allowances College Work-Study Program Pell Grants Program Supplemental Educ Opportunity Grants Program Other Sponsored Fringe Benefits
Total Revenue from General Operations
Departmental Sales and Services Revenues for Program Support Fees - Community Education Sales - Computer Operations Physical Plant Income Campus Safety Income Faset Program Income Campus Network - Other Funds Campus Network - Outside Georgia Tech Research Institute Quasi-Revenue from Distribution of Costs Cost Transfers - Service Departments Copying Services - Library Media-Based Instruction Special Publications Campus Network - Resident Instruction Information and Computer Sciences Laboratory Microelectronics Research Center Cost Transfers - Computer Operations Research Center Computer Center Sub-Total Eliminate Quasi-Revenue
Total Revenue from Departmental Sales and Services

UNRESTRICTED

RESTRICTED

TOTAL

$ 15,992,205.56 :$ 12,102,826.76 335,126.97
60,943,256.00 1 ,0 0 0 ,0 0 0 .0 0
7,585.00 90,290.77
5,310,260.67 229,997.04 70,873.23
1,420,427.09 47,000.00
24,654.95 12,933.37 12,330.73
489.39
250.00 6,611.63
122.30
121,837.97 20,206.85 22,000.08 11,636.85 16,995.74 23,523.91 850,000.00 213,889.66
1,101.97 4,560.00 19,909.62 50,301.38
98,963,205.49 _____________

$ 15,992,205.56 12,102,826.76 335,126.97
60,943,256.00 1 ,0 0 0 ,0 0 0 .0 0
7,585.00 90,290.77
5,310,260.67 229,997.04 70,873.23
1,420,427.09 47,000.00
24,654.95 12,933.37 12,330.73
489.39
250.00 6,611.63
122.30
121,837.97 20,206.85 22,000.08 11,636.85 16,995.74 23,523.91
850,000.00 213,889.66
1,101.97 4,560.00 19,909.62 50,301.38
98,963,205.49

151,,516.23 267,,073.05 716,,577.05
8 ,,891.68 7,,067.00 1 2 0 ,888.30 1 0 ,,8 8 8 .0 2
10 0 .0 0
385,877.66 4,222.10
16,281.55 350,138.60 108,649.70 102,926.22
8,036.20 60,748.14 2,319,881.50 1,036,880.17
1,283,001.33

151,,516.,23 267,,073..05 716,,577.,05
8 ,,891.,6 8 7,,067.,0 0 1 2 0 ,8 8 8 ..30 1 0 ,,8 8 8 ..0 2
1 0 0 ..0 0
385,877.66 4,222.10
16,281.55 350,138.60 108,649.70 102,926.22
8,036.20 60,748.14 2,319,881.50 1,036,880.17
1,283,001.33

55

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

EDUCATIONAL AND GENERAL REVENUE (Continued) RESIDENT INSTRUCTION (Continued) Sponsored Operations Federal Grants and Contracts State Grants and Contracts Local Grants and Contracts Private Grants and Contracts Foundation Supplements Endowment Income
Total Revenue from Sponsored Operations
TOTAL RESIDENT INSTRUCTION
GEORGIA TECH RESEARCH INSTITUTE General Operations State Appropriations State of Georgia - General State of Georgia - Indirect Funding Gifts and Grants State Indirect Cost Recoveries - Restricted Funds Federal State Local Private Transfers to Resident Instruction Other Sources Georgia Tech Research Corporation Service Groups Analytical Laboratory Income Energy Van Copy Machines Computer Income Aircraft Income Lockheed Corporation Miscellaneous Income Other Sponsored Fringe Benefits
Total General Operations
Departmental Sales and Services Revenues for Program Support Fees - Community Education
Total Revenue from Departmental Sales and Services
Sponsored Operations Federal Grants and Contracts State Grants and Contracts Local Grants and Contracts Private Grants and Contracts
Total Revenue from Sponsored Operations
TOTAL GEORGIA TECH RESEARCH INSTITUTE
ENGINEERING EXTENSION DIVISION General Operations Student Tuition and Fees Registration Fees - Continuing Education Departmental Share of Course Fees State Appropriations State of Georgia - General State of Georgia - Indirect Funding Gifts and Grants Federal Indirect Cost Recoveries Federal Private Other Sources Rental Fees - Conference Rooms General and Miscellaneous Income
Total Revenue from General Operations

UNRESTRICTED

RESTRICTED

TOTAL

15,689,918.28 621,842.51 170,267.86
16,825,637.35 1,865,281.55 409,177.36
35,582,124.91
100,246,206.82 35,582,124.91

15,689,918.28 621,842.51 170,267.86
16,825,637.35 1,865,281.55 409,177.36
35.582,124.91
135.828.331.73

9,676,978.00 117,600.00
97,197.04
11,751,231.95 121,901.54 8,853.89
3,702,939.33 (850,000.00)
889,332.61 2,402,566.72
507,141.39 3,109.04
285,264.47 637,104.69
47,675.71 14,521.04
4,455.09 255,566.72
29,673,439.23

9,676,978.00 117,600.00
97,197.04
11,751,231.95 121,901.54 8,853.89
3,702,939.33 (850,000.00)
889,332.61 2,402,566.72
507,141.39 3,109.04
285,264.47 637,104.69
47,675.71 14,521.04
4,455.09 255,566.72
29.673,439.23

958,247.12 958,247.12 ______________
33,217,078.29 295,009.03 21,426.89
10,822,730.28
44,356,244.49
30.631,686,35 44,356,244.49

958,247.12
958,247.12
33,217,078.29 295,009.03 21,426.89
10,822,730.28
44,356,244.49
74,987,930.84

4,466,595.30 (955,820.87) 524,915.00 1 2 ,2 0 0 .0 0
28,251.11 630.68 350.00 114.78
4,077,236.00

4,466,595.30 (955,820.87) 524,915.00 1 2 ,2 0 0 .0 0
28,251.11 630.68 350.00 114.78
4.077,236.00

56

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

EDUCATIONAL AND GENERAL REVENUE (Continued) ENGINEERING EXTENSION DIVISION (Continued) Sponsored Operations Federal Grants and Contracts Private Grants and Contracts
Total Revenue from Sponsored Operations
TOTAL ENGINEERING EXTENSION DIVISION
CENTER FOR REHABILITATION TECHNOLOGY General Operations State Appropriations State of Georgia - General Indirect Cost Recoveries State Sales and Services of Educational Departments Technical Assistance Other Sources General and Miscellaneous
Total Revenue from General Operations
Sponsored Operations State Grants and Contracts Local Grants and Contracts Private Grants and Contracts
Total Revenue from Sponsored Operations
TOTAL CENTER FOR REHABILITATION TECHNOLOGY
ADVANCED TECHNOLOGY DEVELOPMENT CENTER General Operations State Appropriations State of Georgia - General Indirect Cost Recoveries Federal Private Other Sources General and Miscellaneous
Total Revenue from General Operations
Sponsored Operations Federal Grants and Contracts Private Grants and Contracts
Total Revenue from Sponsored Operations
TOTAL ADVANCED TECHNOLOGY DEVELOPMENT CENTER REVENUE
TOTAL EDUCATIONAL AND GENERAL REVENUE
AUXILIARY ENTERPRISES REVENUE Student Housing Dormitories Rents - Dormitories Other Income - Interest Earned Apartments Rents - Apartments Other Income - Interest Earned Faculty and Staff Housing Faculty Housing Rents - Faculty Houses Other Income - Interest Earned Food Services Food Services Sales - Food Services Other Income - Interest Earned

UNRESTRICTED

RESTRICTED

TOTAL

4,077,236.00

194,673.43 5,376.60
200,050.03
200,050.03

194,673.43 5,376.60
200,050.03
4,277,286.03

631,152.00 1,753.85 1,660.87 270.12
634,836.84
634,836.84

76,858.68 4,290.53 3,028.98
84,178.19
84,178.19

631,152.00 1,753.85 1,660.87 270.12
634,836.84
76,858.68 4,290.53 3,028.98
84,178.19 719,015.03

1,018,518.00 79.52
16,364.03 6,512.86
1,041,474.41

1,018,518.00 79.52
16,364.03 6,512.86
1,041,474.41

1,041,474.41 136,631,440.42

1,270.30 32,932.19

1,270.30 32,932.19

34,202.49

34,202.49

34,202.49

1,075,676.90

80,256,800.11 216,888,240.53

6,109,839.46 107,073.21
1,038,077.11 20,106.10
124,897.42 2,270.52
3,223,993.42 2,987.54

6,109,839.46 107,073.21
1,038,077.11 20,106.10
124,897.42 2,270.52
3,223,993.42 2,987.54

57

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

AUXILIARY ENTERPRISES REVENUE (Continued) Stores and Shops Bookstore Sales - Bookstore Other Income - Interest Earned Other Service Units Barbershop Sales - Barbershop Other Income - Interest Earned Concessions - Alexander Memorial Coliseum Sales - Alexander Memorial Coliseum Other Income - Interest Earned Campus Transportation Fees - Campus Transportation Other Income - Interest Earned Parking Lots Fees - Parking Lots Other Income - Interest Earned Recreation - Student Center Sales - Student Center Other Income - Interest Earned Student Health Services Fees - Health Services Other Income - Interest Earned Vending Sales - Vending Other Income - Interest Earned
TOTAL AUXILIARY ENTERPRISES REVENUE
TOTAL CURRENT FUNDS REVENUES

UNRESTRICTED

RESTRICTED

TOTAL

8,741,080.09 'll2,062.37

8,741,080.09 112,062.37

3,401.49 59.77

3,401.49 59.77

26,717.44 597.50

26,717.44 597.50

330,576.00 5,795.82

330,576.00 5,795.82

952,400.90 13,473.77

952,400.90 13,473.77

216,190.27 3,346.05

216,190.27 3,346.05

1,606,160.39 26,260.41

1,606,160.39 26,260.41

257,383.61 4,720.29

257,383.61 4,720.29

22,929,470.95

22,929,470.95

$159,560,911.37 $ 80,256,800.11 $239,817,711.48

58

SCHEDULE OF CURRENT FUNDS EXPENDITURES Year Ended June 30, 1987

FUND

C LA SS IF ICATION

Unrestricted

Restricted

Total

0 BJ E C T C LA SSIFICATI

Operating

Personal

Supplies &

Services

Travel

Expenses

0N Equipment

EDUCATIONAL AND GENERAL EXPENDITURES RESIDENT INSTRUCTION INSTRUCTION General Academic Instruction Centers and Interdisciplinary Programs Center for Media-Based Instruction Less: Charges to User Departments Office of Interdisciplinary Programs Engineering College Dean of Engineering College Aerospace Engineering Chemical Engineering Civil Engineering Electrical Engineering Engineering Science and Mechanics Industrial and Systems Engineering Materials Engineering Mechanical Engineering Textile Engineering Quality Improvement Funds College of Sciences and Liberal Studies Dean of College of Sciences and Liberal Studies Applied Biology Chemistry English Geophysical Sciences Information and Computer Science Less: Charges to User Departments Mathematics Modern Languages Music Physica