January 24, 2005

1. Call to Order

2. Roll Call

3. Consent Agenda (These items will be acted upon in one motion. If discussion is requested on an item, it will be considered separately.)

A. Approval of Minutes of the November 15, 2004 Meeting

B. Approval of Treasurer’s Report

• Schedules of Checks
460 Check Nos. 45517 through 45569
460.1 Check Nos. 31440 through 31494

• Schedules of Activity
460.2 Illinois Funds-Money Market Fund
460.3 The Illinois Funds-Prime Fund
460.4 BankIllinois Grant Account
460.5 Illinois Funds OCLC account
Investment Summary
Petty Cash Report as of December 2, 2004

• Schedules of Checks
461 Check Nos. 45570 through 45635
461.1 Check Nos. 31495 through 31549

• Schedules of Activity
461.2 Illinois Funds-Money Market Fund
461.3 The Illinois Funds-Prime Fund
461.4 BankIllinois Grant Account
461.5 Illinois Funds OCLC account
Investment Summary
Petty Cash Report as of January 14, 2005

•Action Item No. 2005-10 Fund Transfer
•Action Item No. 2005-13 Fund Transfer

• October Financial Statements
General and Internal Service Funds Balance Sheet
General and Internal Service Funds Income Statement
General Fund Balance Sheet
General Fund Income Statement
Automation Fund Balance Sheet
Automation Fund Income Statement
Cooperative Service Fund Balance Sheet
Cooperative Service Fund Income Statement
Live and Learn Grants Balance Sheet
Live and Learn Grants Income Statement
Cataloging Maintenance Center Balance Sheet
Cataloging Maintenance Center Income Statement

• November Financial Statements
General and Internal Service Funds Balance Sheet
General and Internal Service Funds Income Statement
General Fund Balance Sheet
General Fund Income Statement
Automation Fund Balance Sheet
Automation Fund Income Statement
Cooperative Service Fund Balance Sheet
Cooperative Service Fund Income Statement
Live and Learn Grants Balance Sheet
Live and Learn Grants Income Statement
Cataloging Maintenance Center Balance Sheet
Cataloging Maintenance Center Income Statement
Diversity Grant Balance Sheet
Diversity Grant Income Statement

• December Financial Statements
General and Internal Service Funds Balance Sheet
General and Internal Service Funds Income Statement
General Fund Balance Sheet
General Fund Income Statement
Automation Fund Balance Sheet
Automation Fund Income Statement
Cooperative Service Fund Balance Sheet
Cooperative Service Fund Income Statement
Live and Learn Grants Balance Sheet
Live and Learn Grants Income Statement
Cataloging Maintenance Center Balance Sheet
Cataloging Maintenance Center Income Statement
Diversity Grant Balance Sheet
Diversity Grant Income Statement

4. President’s Report – Nina Pals

5. Executive Director’s Report – Jan Ison

Executive Director's Report for November 2004
Consultants' Report for November 2004
Statistical Summary for November 2004
Executive Director's Report for December 2004
Consultants' Report for December 2004
Statistical Summary for December 2004

6. Committee Reports

•Membership Committe
Action item No. 2005-11 Membership Review - Continued Eligibillity
Action Item No. 2005-12 Membership Review - Continued Eligibillity with Concerns
Action Item No. 2005-14 Membership Policy Revision - Distribution of Draft for member Library Comments
Revised Membership Policy
Minutes of the January 10, 2005 Membership Committee Meeting

7. ISL Report – Vandella Brown

8. Unfinished Business

9. New Business

10. Discussion/Planning

11. Announcements

Other Informational Material

News Articles
Travel Expense Voucher