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CONDENSED DATA, PAGE 6
PLANT ADDITIONS AND IMPROVEMENTS
Condensed comparative Plant Funds revenues and expenditures are presented for the fiscal years ended June 30, 2000 and June 30, 2001.
| June 30, 2000 | June 30, 2001 | Increase (Decrease) | |
| REVENUES BY SOURCE | |||
| State Appropriations | |||
| Lottery Funds | $82,500 | $3,200,000 | $3,117,500 |
| General | 12,875,860 | 27,140,736 | 14,264,876 |
| Major Replacement/Rehabilitation Funds | 49,969,135 | 51,682,252 | 1,713,117 |
| Equipment/Technology/Construction Trust Fund | 1,548,701 | 370,565 | (1,178,136) |
| Gifts and Grants | 28,694,322 | 11,561,509 | (17,132,813) |
| Investment Income | 24,434,646 | 24,984,968 | 550,322 |
| Other Income | 1,910,580 | 5,022,517 | 3,111,937 |
| Transfers from Other Funds | 30,578,433 | 31,287,945 | 709,512 |
| TOTAL REVENUES | $150,094,177 | $155,250,492 | $5,156,315 |
| EXPENDITURES APPLIED TO | |||
| Plant Additions | |||
| Capital Expenditures | $111,067,359 | $110,656,702 | $(410,657) |
| Non-Capitalized Expenditures | 30,004,048 | 20,201,597 | (9,802,451) |
| TOTAL EXPENDITURES | $141,071,407 | $130,858,299 | $(10,213,108) |
To obtain the total picture of plant additions in the University System, it is necessary to look at the activities of an organization that is external to the System. The organization 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 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.
As of June 30, 2001, the accumulated value of plant additions to the University System from the GSFIC amounted to $1,701,196,259.15.