Lincoln Trail Libraries System
General Fund
For the Nine Months Ending March 31, 2007
ASSETS
CURRENT ASSETS
Cash	($967,362)
Certificates of Deposit/Money Market	1,189,750
Accounts Receivable (Due from Related)	196
Prepaid Expenses	8,086
	------------
Total Current Assets	230,670
PROPERTY, PLANT AND EQUIPMENT
Land	20,773
Building and Improvements	531,370
Equipment	1,050,424
	------------
Total Property, Plant and Equipment	1,602,567
	------------
TOTAL ASSETS	$1,833,237
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LIABILITIES & FUND BALANCES
LIABILITIES
Accounts Payable	3,173
Accrued Liabilities	1,054
Compensated Absences	38,134
Investment in Gen'l Fix Assets	1,602,567
	------------
TOTAL LIABILITIES	1,644,928
FUND BALANCES
Reserve for Encumbrances	25,777
Designated Fund Balances	237,855
Net Profit/(Loss)	(75,322)
	------------
TOTAL FUND BALANCES	188,309
	------------
TOTAL LIABILITIES & FUND BALANCES	$1,833,237
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