Date: 1/18/05                          Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                    As Of 12/31/04
                                                  For AUTOMATION FUND
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  BankIllinois Prime Investment                                                      133,468.99
                  BankIllinois Board Checking                                                        (62,181.60)
                  The Illinois Funds-Money Market                                                        813.00
                  Due from Related Parties                                                            71,072.33
               Prepaid Expenses                                                                       76,756.44
               PROPERTY, PLANT AND EQUIPMENT
                  Building and Improvements                                                            2,645.07
                  Equipment                                                                          613,120.27
                  Accumulated Depreciation                                                          (337,179.92)

               TOTAL ASSETS                                                                         $498,514.58

               LIABILITIES
                  Accounts Payable                                                                  $221,170.90
               Accrued Liabilities
                  Deferred Revenue                                                                    18,973.47
                  Compensated Absences                                                                10,213.13

               TOTAL LIABILITIES                                                                    $250,357.50
               FUND EQUITY
               Designated Fund Balance
                  Appropriated Funds                                                                  39,546.77
                  Contributed Capital                                                                 84,441.00
               Net Profit/(Loss)                                                                    $124,169.31

               TOTAL FUND EQUITY                                                                    $248,157.08

               TOTAL LIABILITIES & FUND BALANCE                                                     $498,514.58