Date: 6/23/05                          Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                     As Of 5/31/05
                                                  For AUTOMATION FUND
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  BankIllinois Prime Investment                                                      130,917.28
                  BankIllinois Board Checking                                                        (53,213.87)
                  BankIllinois Payroll Checking                                                           (6.09)
                  The Illinois Funds-Money Market                                                        813.00
                  Due from Related Parties                                                             8,615.66
               Prepaid Expenses                                                                       31,640.58
               PROPERTY, PLANT AND EQUIPMENT
                  Building and Improvements                                                            2,645.07
                  Equipment                                                                          613,120.27
                  Accumulated Depreciation                                                          (337,179.92)

               TOTAL ASSETS                                                                         $397,351.98

               LIABILITIES
                  Accounts Payable                                                                   $71,910.00
               Accrued Liabilities
                  Deferred Revenue                                                                    18,973.47
                  Compensated Absences                                                                10,213.13

               TOTAL LIABILITIES                                                                    $101,096.60
               FUND EQUITY
               Designated Fund Balance
                  Appropriated Funds                                                                  39,546.77
                  Contributed Capital                                                                 84,441.00
               Net Profit/(Loss)                                                                    $172,267.61

               TOTAL FUND EQUITY                                                                    $296,255.38

               TOTAL LIABILITIES & FUND BALANCE                                                     $397,351.98