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December December Increase
31, 1971 31, 1970 (Decrease)
ASSETS
CURRENT ASSETS
Cash on Hand $ 751.79 $ -0- $ 751.79
Cash in Bank 47, 889.79 70,524.62 (22,634.83)
Advalorem Taxes Receivable-Net 42,889.89 36,820.34 5,352.55
Prepaid Insurance 1,431.74 1,305.87 125.87
Due from State of Georgia:
Motor Fuel Tax 4,541.23 4,546.95 (5.72)
Highway Contracts -0- 3,038.65 (3, 038.65)
Due from County Offices:
Tax Commissioner 82, 667.66 18,887.20 63, 790.46
Ordinary 2, 434.95 542.60 1,892.35
Clerk of Superior Court 4.00 399.75 (395. 75)
Total Current assets $ 181,904.05 $ 136,065.98 $ 45, 838.07
FIXED PROPERTIES
Real Estate $ 92,259.00 $ 92, 259.00 $ -0-
Equipment 3, 046.00 3,046.00 -0-
Sheriff's Department 8,959.19 10,292.98 (1,333.79)
Airport Construction 88,607.61 88,607.61 -0-
Road Machinery and Equipment 151, 500. 25 147,911.75 3, 588. 50
Total Fixed As sets $ 344, 372.05 $ 342,117. 34 $ 2,254.71
TOTAL ASSETS $ 526,276.10 $ 478,183.32 $ 48,092.78
LIABILITIES
Accounts Payable $ 37, 808.46 $ 12,063.00 $ 25,745.46
Notes Payable;
State of Georgia 8,570.00 8,570.00 -0-
Accrued Payroll Taxes 4, 177. 33 3,697. 92 479.41
$ 50,555.79 24,330.92 $ 26,224.87
Deferred Income
Sale of 1971 Licenses andl97o
Licenses $ 3,350.00 $ 4,100.00 $ (750.00)
SURPLUS
Current Surplus $ 127,998.26 $ 107,635.06 $ 20,363.20
Fixed Surplus 344,372.05 342,117.34 2,254.71
Total Surplus $ 472,370.31 449,752.40 22,617.91
TOTAL LIABILITIES AND
SURPLUS $ 526,276.10 $ 478, 183.32 $ 48, 092.78
In accordance with your in structions we have examined the Bal
ance Sheet of Brantley County, Georgia, as of December 31, 1971,
and the related statements of Revenue and Expense and Surplus for
the year then ended. Our examination was made in accordance with
generally accepted auditing standards, and accordingly included
such testa of the accounting records and such other auditing pro
cedures as we considered necessary in the circumstances, except
as stated in the following paragraphs.
The Fixed Properties totaling $344, 372. 05 and $342, 177. 34 at
December 31, 1971 and December 31, 1970, respectively were not
examined by us, nor did we attempt to ascertain the values at the
dates. The County does not maintain a property ledger, therefore,
it was considered impractical under the circumstances to extend
the audit program to compile these property ledgers.
COMPARATIVE BALANCE SHEET
DECEMBER 31, 1971 AND 1970
BRANTLEY COUNTY AUDIT
Board of County Commissioners
Roads and Revenue
Brantley County, Georgia
Gentlemen:
In accordance with your instructions, we have examined the books
and records of Brantley County, Georgia, for the period ending De
cember 31, 1971, and submit herewith, for publication, condensed
statements of Revenue and Expense.
Respectively submitted,
QUINNEY, MEEKS, ROBERTS, SPICER & QUINNEY
Certified Public Accountants
REVENUE
Advalorem Tax;
Property Digest $ 159,624. 48
Motor Vehicle Digest 14, 934. 33
Public Utility Digest 31,903. 46
Intangible Digest 82. 25
Intangible Recording 430. 37
Items not on Digest 2, 176. 80
Interest 993. 97
$ 210,145.66
Less:
Tax Receiver's Commission $ 4, 124.45
Tax Collector’s Commission 7,566.62
Provision for Losses 2, 996. 58
14, 687. 65
Net Advalorem Tax $ 195,458.01
Tax Commissioner's Commission 19, 166. 52
State of Georgia - Fuel Tax 54, 523. 41
Beer, Whiskey and Wine Licenses 4, 525. 00
Sale of Beer, Wine and Whiskey
Stamps 16, 772. 09
Clerk of Superior Court:
Sheriff's Cost 348. 00
Clerk's Cost and Fees 6, 873. 88
Insolvent Fund 856.85
Court of Ordinary:
Sheriff's Cost 6, 188. 50
Ordinary's Costand Fees 8,553.44
Insolvent Fund 2,930.00
State of Georgia - Highway
Contracts 35, 899. 82
State of Georgia - Special Grants 7,615.00
Miscellaneous Sales and Refunds 1,029.64
Insurance Proceeds on Burned
Sheriff's Auto 2,603.94
TOTAL REVENUE $ 363,344.10
EXPENSE
General Government
Maintenance of Courthouse
Maintenance of Jail
Office of Ordinary
Superior Court
Office of Clerk of Superior Court
Office of Sheriff
Office of Tax Commissioner
Office of County Agent and Home
Demonstration Agent
Public Welfare
Public Health Department
Roads and Bridges
Office of Coroner
Georgia Forestry Commission
Other
Depreciation
TOTAL EXPENSE
TOTAL INCREASE IN SURPLUS
Because the Fixed Properties enter materially into the deter
mination of Financial Position, we do not express an opinion on the
accompanying financial statements taken as a whole and we do not
express an opinion as to fairness of presentations of these values.
However, in our opinion with the exception as stated, above, the
accompanying balance sheet and statement of Revenue and Expense
and Surplus presents fairly the Financial Position of Brantley
County, Georgia at December 31, 1971, and results of its operat
ions for the year then ended in conformity with generally accepted
accounting principles applied on a basis consistent with that of the
preceding periods.
Further detailed information is presented in the audit report on
file in the office of County Commissioner which is open to the
Public.
CONDENSED STATEMENT OF REVENUE AND EXPENSE
JANUARY 1, 1971 TO DECEMBER 31, 1971
The Brantley Enterprise, Nahunta, Ga., April 13, 1972
$ 31,738.09
5, 060. 45
1,928. 81
11,938.57
7, 708. 96
11,832. 45
27, 223. 90
13, 610. 61
5, 625.67
10,112.29
11,792.27
142, 755. 67
325. 00
10, 729.34
15, 687. 63
32, 656. 48
340,726.19
$ 22,617.91
