Lincoln Trail Libraries System
Automation Fund
For the Eight Months Ending February 28, 2007
ASSETS
CURRENT ASSETS
Cash	$198,310
Certificates of Deposit/Money Market	813
Accounts Receivable (Due from Related)	17,697
Prepaid Expenses	(10,009)
	------------
Total Current Assets	206,812
PROPERTY, PLANT AND EQUIPMENT
Building and Improvements	2,645
Equipment	621,132
Accumulated Depreciation	(459,983)
	------------
Total Property, Plant and Equipment	163,794
	------------
TOTAL ASSETS	$370,606
	======
LIABILITIES & FUND BALANCES
LIABILITIES
Accounts Payable	173
Compensated Absences	13,878
	------------
TOTAL LIABILITIES	14,052
FUND BALANCES
Designated Fund Balances	121,153
Contributed Capital	84,441
Retained Earnings	72,417
Net Profit/(Loss)	78,543
	------------
TOTAL FUND BALANCES	356,554
	------------
TOTAL LIABILITIES & FUND BALANCES	$370,606
	======