DTAE 2003
Technical College System of Georgia

  Financial Report




Funds Available

  FY02 FY03
State $268,627,279 $277,871,777
Federal $88,448,885 $87,023,024
Other Sources $116,618,598 $128,906,726
Lottery Proceeds $0 $0
 

Total Funds Available $473,694,762 $493,801,527



Funds Expended

Institutional Programs FY02 FY03
Technical Colleges $388,976,866 $421,099,359
Technical Divisions   $6,517,030 $5,941,505
Capital Outlay $6,361,731 $0
Quick Start   $14,306,372 $13,442,920
Adult Literacy Programs   $35,720,176 $37,132,808
JTPA Grants   $5,150,009 $2,717,365
Total $457,032,184 $480,333,957
 

Central Office Operations FY02 FY03
Personal Services $10,615,204 $9,543,846
Operating Expenses $3,693,124 $2,748,294
Contract Services and Fees $2,354,250 $1,175,430
Total $16,662,578 $13,467,570
 

Total Funds Expended $473,694,762 $493,801,527

 

Construction Expenditures

  FY02 FY03  
New Construction $80,330,000
$28,310,000
*
Planning and Predesign $2,197,000 $100,000  
Repair and Renovations $5,540,000 $1,800,000
**
Property Acquisitions $0 $0  
Equipment and Furnishings $33,810,000 $26,305,000
***
Major Repairs and Renovations $5,345,000 $0  

* $860,000 in bond funds for Southwest Ga. Tech was vetoed by Governor
** $1,800,000 in bond funds for renovation of building at Columbus Tech was withheld from bond sale by Governor
*** $4,200,000 in bond funds for obsolete equipment was withheld from bond sale by Governor


Total $127,222,000  $56,515,000
 



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