Date: 5/9/2006                         Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                   As Of 11/30/2005
                                                    For LSTA GRANTS
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  Main St. Bank & Trust  Prime Investment                                               (334.92)
                  Main St. Bank & Trust  Board Checking                                               (3,545.59)
               PROPERTY, PLANT AND EQUIPMENT

               TOTAL ASSETS                                                                          ($3,880.51)

               LIABILITIES
                  Accounts Payable                                                                     ($187.65)
               Accrued Liabilities
                  Compensated Absences                                                                 1,362.34

               TOTAL LIABILITIES                                                                      $1,174.69
               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)                                                                    ($39,266.81)

               TOTAL FUND EQUITY                                                                     ($5,055.20)

               TOTAL LIABILITIES & FUND BALANCE                                                      ($3,880.51)