Date: 5/10/2006                        Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                   As Of 10/31/2005
                                                    For LSTA GRANTS
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  Main St. Bank & Trust  Prime Investment                                              1,844.61
                  Main St. Bank & Trust  Board Checking                                               (1,699.21)
               PROPERTY, PLANT AND EQUIPMENT

               TOTAL ASSETS                                                                             $145.40

               LIABILITIES
                  Accounts Payable                                                                      $595.80
               Accrued Liabilities
                  Compensated Absences                                                                 1,362.34

               TOTAL LIABILITIES                                                                      $1,958.14
               FUND EQUITY
                  Reserve for Encumbrances                                                           $33,429.27
               Designated Fund Balance
                  Operating Expenses Fund                                                            (33,429.27)
                  Unreserved/Undesignated Funds                                                       34,211.61
               Net Profit/(Loss)                                                                    ($36,024.35)

               TOTAL FUND EQUITY                                                                     ($1,812.74)

               TOTAL LIABILITIES & FUND BALANCE                                                         $145.40