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METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCIAL CONDITION
APRIL 30, 1967
ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 APRIL 30, 1967
Unappropriated Surplus $128,281.54 $128,281.64
INCOME
Appropriations:
City of Atlanta $ 84,030.00 $ 42,015.00
Clayton County 23,190.00 11,595.90
DeKalb County 82,770.00 20,692.50
Fulton County 91,800.00 45,900.00
Gwinnett County 18,210.00 4,552.50
Sub-Totals $300,000. 00 $124,755.00
Interest Income $ 5,520.00 $ 1,780.40
Federal Funds:
702 Loan $ 95,000.00 $ 30,000, 00
Section 9 Grant 276,000.00 40,000.00
Sub-Totals $371,000.00 S$ 70,000.00
TOTAL INCOME $676,520.00 $196,535.40
TOTAL INCOME AND UNAPPROPRIATED SURPLUS $804,801.64 $324,817.04
EXPENSES
Staff Costs;
Salaries $ 68,950.00 $ 16,583.15
Expenses 10,500.00 3,172.44
Benefits:
Social Security 1,109.00 613.20
Guaranty Fund 533.00 266.67
Health and Accident Insurance 1,680.00 322.28
Retirement 10,000.00 0
Workmen's Compensation 99.00 0
Sub-Totals $ 92,871.00 $ 20,957.74
Board Meetings $ 3,150.00 $ 1,200.00
Administrative and Office Overhead:
Rent $ 3,000.00 $ 1,000.00
Communications and Postage 2,000. 00 536.83
Furniture and Equipment 2,000. 00 117.81
Supplies 3,600.00 904.02
Printing 1,000, 00 623.56
Auditor 250.00 250.00
Accountant 1,000.00 250.00
Public Information 33,000.00 6,742.05
Insurance:
Public Liability 72.00 0
Depository and Forgery 56.00 0
Fidelity Bond 199.00 0
Sub-Totals S$ 46,177.00 § 10,424, 27
CARRIED FORWARD $142,198.00 $ 32,582.01
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA, GEORGIA
STATEMENT OF FINANCTAL CONDITION
APRIL 30, 1967
ACTUAL
JANUARY 1, 1967
BUDGET TO
1967 APRIL 30, 1967
TOTAL INCOME AND UNAPPROPRIATED
SURPLUS BROUGHT FORWARD $804,801. 64 $324,817.04
EXPENSES
Brought Forward $142,198.00 $ 32,582.01
Counsel $ 20,000.00 § 4,299.74
Consultants:
Atlanta Region Metropolitan Planning
Commission:
701 Matching § 31.250. 00 $ 29,939.00
Urban Design Study:
Section 9 32,667.00 0
Matching 16,333.00 0
Atlanta Transit Study:
Section 9 3,333.00 0
Matching 1,667.90 0
Parsons, Brinckerhoff-Tudor-Bechtel:
702 Loan 95,000. 00 30,000. 00
Section 9:
Federal 240,000. 00 0
Matching 120,000. 00 110,800. 00
Retainer Agreement 60, 0G0, 00 15,048.70
Research and Technical Services 2,000.00 817.58
Sub-Totals $602,250, 00 $186,605.28
TOTAL EXPENSES $764,448, 00 $223,487.03
SURPLUS $_ 40.353. 64 0 0.0
METROPOLITAN ATLANTA RAPID TRANSIT AUTHORITY
ATLANTA. GEORGIA
STATEMENT OF FINANCTAL CONDITION
APRIL 30, 1967
ASSETS
Cash in Banks:
Cc & S National Bank $ 48,456.47
First National Bank - Payroll 15,342,04
Trust Company of Georgia 1,000.00
Fulton National Bank - Section 9 4,457.96
Investments:
U, S, Treasury Bills $ 90,003.56
U, S. Treasury Bills - Section 9 55,542.04
Petty Cash 25,00
Accounts Receivable:
Gwinnett County - 1967 $4.552.50
Gwinnett County - 1966 4,552.50 9,105.00
TOTAL ASSETS $223,932.07
LLABILITIES
Accounts Payable S$ 3,519,96
Payroll Taxes Withheld and Accrued 910.67
Reserves:
Parsons, Brinckerhoff-Tudor-Bechtel:
Section 9 Matching 110,800,00
Retainer Agreement:
Transportation Study $ 118.60
Public Information 1,112.61
Surveying 6,140.22 7,371.43
TOTAL LIABILITIES 122,602.06
SURPLUS $101,330.01