Date: 4/17/2006                        Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                   As Of 10/31/2005
                                                   For General Fund
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  Petty Cash                                                                            $100.00
                  Main St. Bank & Trust  Prime Investment                                           (653,760.80)
                  Main St. Bank & Trust  Board Checking                                               (1,755.41)
                  Main St. Bank & Trust Payroll Checking                                               1,018.27
                  Main St. Bank & Trust Grant Account                                                     39.28
                  The Illinois Funds-Money Market                                                    620,110.21
                  The Illinois Funds-Prime Funds                                                     644,278.05
                  Due from Related Parties                                                               407.09
                  Prepaid Expenses                                                                     8,182.37
               PROPERTY, PLANT AND EQUIPMENT
                  Land                                                                               $20,773.00
                  Building and Improvements                                                          531,370.19
                  Equipment                                                                        1,056,322.52
                  Amount Provided-Long Term Debt                                                      43,504.93

               TOTAL ASSETS                                                                       $2,270,589.70

               LIABILITIES
               Accrued Liabilities
                  IMRF/TIAA_CREF Withholding Payable                                                      (0.02)
                  Health Insurance Withholding Payable                                                   472.65
                  Unemployment Insurance Payable                                                          74.09
                  Compensated Absences                                                                43,504.93
                  Investment in Gen'l Fixed Assets                                                 1,602,567.12

               TOTAL LIABILITIES                                                                  $1,646,618.77
               FUND EQUITY
                  Reserve for Encumbrances                                                           $61,956.70
               Designated Fund Balance
                  Operating Expenses Fund                                                            274,607.53
                  Unreserved/Undesignated Funds                                                        9,221.32
               Net Profit/(Loss)                                                                    $278,185.38

               TOTAL FUND EQUITY                                                                    $623,970.93

               TOTAL LIABILITIES & FUND BALANCE                                                   $2,270,589.70