July 18, 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 June 20, 2005 Meeting

B. Approval of Treasurer’s Report

• Schedules of Checks
467 Check Nos. 45975 through 46037
467.1 Check Nos. 32129 through 32185

• Schedules of Activity
467.2 Illinois Funds-Money Market Fund
467.3 The Illinois Funds-Prime Fund
467.4 BankIllinois Grant Account
467.5 Illinois Funds OCLC account
Investment Summary
Petty Cash Report as of July 14, 2005

• May 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 June 2005
Consultants' Report for June 2005
Statistical Summary for June 2005
Statistical Summary FY1997 - FY2005

6. Committee Reports

7. ISL Report – Vandella Brown

8. Unfinished Business

Presentation to ISL
Circulation, Reciprocal Borrowing, Interlibrary Loan
Delivery Volume
FY2006 Expenditures by Category
FY2006 Expenditures by Program
ILDS Volume
LINC Catalog Visits
FY2006 Revenue by Fund
Continuous Learning Service

9. New Business

Action Item No. 2006-1 FY2005 Fund Designations and Reserves
Action Item No. 2006-2 Fund Transfer

10. Discussion/Planning

11. Announcements

Other Informational Material

Board Committee Preference Form
Travel Expense Voucher