Lincoln Trail Libraries System
Automation Fund
For the Ten Months Ending April 30, 2007
ASSETS
CURRENT ASSETS
Cash	$140,377
Certificates of Deposit/Money Market	813
Accounts Receivable (Due from Related)	73,985
Prepaid Expenses	15,781
	------------
Total Current Assets	230,957
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	$394,751
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LIABILITIES & FUND BALANCES
LIABILITIES
Accounts Payable	2,938
Accrued Liabilities	79
Compensated Absences	13,878
	------------
TOTAL LIABILITIES	16,895
FUND BALANCES
Designated Fund Balances	121,153
Contributed Capital	84,441
Retained Earnings	72,417
Net Profit/(Loss)	99,846
	------------
TOTAL FUND BALANCES	377,856
	------------
TOTAL LIABILITIES & FUND BALANCES	$394,751
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