Lincoln Trail Libraries System
General Fund
For the Seven Months Ending January 31, 2007
ASSETS
CURRENT ASSETS
Cash	($814,691.71)
Certificates of Deposit/Money Market	1,002,232.16
Accounts Receivable (Due from Related)	308.33
Prepaid Expenses	6,452.84
	---------------
Total Current Assets	194,301.62
PROPERTY, PLANT AND EQUIPMENT
Land	20,773.00
Building and Improvements	531,370.19
Equipment	1,050,423.93
	---------------
Total Property, Plant and Equipment	1,602,567.12
	---------------
TOTAL ASSETS	$1,796,868.74
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LIABILITIES & FUND BALANCES
LIABILITIES
Accrued Liabilities	272.47
Compensated Absences	38,133.62
Investment in Gen'l Fix Assets	1,602,567.12
	---------------
TOTAL LIABILITIES	1,640,973.21
FUND BALANCES
Reserve for Encumbrances	25,776.57
Designated Fund Balances	237,854.81
Net Profit/(Loss)	(107,735.85)
	---------------
TOTAL FUND BALANCES	155,895.53
	---------------
TOTAL LIABILITIES & FUND BALANCES	$1,796,868.74
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