Date: 4/17/2006                        Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                   As Of 10/31/2005
                                             For COOPERATIVE SERVICE FUND
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  Main St. Bank & Trust  Prime Investment                                            (19,329.41)
                  Main St. Bank & Trust  Board Checking                                               (1,182.09)
                  Main St. Bank & Trust Payroll Checking                                                   0.02
                  The Illinois Funds-Money Market                                                     34,071.44
                  The Illinois Funds-Prime Funds                                                     166,943.39
                  Due from Related Parties                                                             7,108.65
                  Inventory                                                                            8,478.94
                  Prepaid Expenses                                                                        86.18
               PROPERTY, PLANT AND EQUIPMENT
                  Equipment                                                                           16,714.95
                  Accumulated Depreciation                                                           (16,714.46)

               TOTAL ASSETS                                                                         $196,177.61

               LIABILITIES
               Accrued Liabilities
                  Compensated Absences                                                                 1,681.60

               TOTAL LIABILITIES                                                                      $1,681.60
               FUND EQUITY
               Designated Fund Balance
                  Appropriated Funds                                                                 135,000.00
                  Retained Earnings                                                                   33,456.45
               Net Profit/(Loss)                                                                     $26,039.56

               TOTAL FUND EQUITY                                                                    $194,496.01

               TOTAL LIABILITIES & FUND BALANCE                                                     $196,177.61