Lincoln Trail Libraries System
General Fund
For the Twelve Months Ending June 30, 2007
ASSETS
CURRENT ASSETS
Cash	($1,149,382.85)
Certificates of Deposit/Money Market	1,378,942.92
Accounts Receivable (Due from Related)	72,318.92
Prepaid Expenses	1,621.59
	---------------
Total Current Assets	303,500.58
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	$1,906,067.70
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LIABILITIES & FUND BALANCES
LIABILITIES
Accrued Liabilities	20,780.67
Compensated Absences	38,133.62
Investment in Gen'l Fix Assets	1,602,567.12
	---------------
TOTAL LIABILITIES	1,661,481.41
FUND BALANCES
Reserve for Encumbrances	25,776.57
Designated Fund Balances	237,854.81
Net Profit/(Loss)	(19,045.09)
	---------------
TOTAL FUND BALANCES	244,586.29
	---------------
TOTAL LIABILITIES & FUND BALANCES	$1,906,067.70
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