Date: 1/18/05                          Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                    As Of 12/31/04
                                           For Cataloging Maintenance Center
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  BankIllinois Prime Investment                                                       32,143.18
                  BankIllinois Board Checking                                                           (323.25)
               Prepaid Expenses                                                                           37.46
               PROPERTY, PLANT AND EQUIPMENT

               TOTAL ASSETS                                                                          $31,857.39

               LIABILITIES
                  Accounts Payable                                                                       $38.95
               Accrued Liabilities
                  Compensated Absences                                                                   869.62

               TOTAL LIABILITIES                                                                        $908.57
               FUND EQUITY
               Designated Fund Balance
                  Unreserved/Undesignated Funds                                                       47,767.42
               Net Profit/(Loss)                                                                    ($16,818.60)

               TOTAL FUND EQUITY                                                                     $30,948.82

               TOTAL LIABILITIES & FUND BALANCE                                                      $31,857.39