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    10/27/04 7/04                                         Lincoln Trail Libraries System                                               Page: 1
                                                                Income Statement
                                                          For the Month Ending 9/30/04
                                                                For GENERAL FUND
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Revenue
           Area & Per Capita                               $0.00              $0.00          $819,789.00         819,789.00           100.00%
              Other Revenue                                 0.51               1.53                 0.00             (1.53)            0.00

              Total Revenue                                $0.51              $1.53          $819,789.00         819,787.47           100.00%

   Date: 10/27/04                                         Lincoln Trail Libraries System                                               Page: 2
                                                                Income Statement
                                                          For the Month Ending 9/30/04
                                                                 For GENERAL FUND
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Expenditures
           Personnel
              Library Professionals                    $21,691.10         $54,681.37          $264,259.00        209,577.63            79.31%
              Supports Services                         21,156.49          49,277.71           227,758.00        178,480.29            78.36
           Payroll Taxes/Fringe Benefits
              Social Security Taxes                      3,428.70           9,435.85            37,640.00         28,204.15            74.93
              Unemployment Insurance                        12.24              12.24             3,328.00          3,315.76            99.63
              Workers Compensation                         723.05           2,169.25             9,555.00          7,385.75            77.30
              Retirement Benefits                        1,225.43           3,398.27            13,210.00          9,811.73            74.28
              Health, Dental, Life Insurance             4,605.63          14,441.13            65,473.00         51,031.87            77.94
              Recruiting                                   101.00             338.28               300.00            (38.28)         (12.76)
           Library Materials
              Print Materials                            2,072.90           2,898.25             3,475.00            576.75            16.60
              Nonprint Materials                             0.00               0.00               200.00            200.00           100.00
           Building and Grounds
              Utilities                                  1,973.11           3,858.81            23,500.00         19,641.19            83.58
              Property Insurance                           335.47           1,006.41             4,380.00          3,373.59            77.02
              Repairs and Maintenance                      959.54           1,836.56             4,400.00          2,563.44            58.26
              Snow Removal                                   0.00               0.00               450.00            450.00           100.00
              Supplies                                       0.00               4.01               550.00            545.99            99.27
              Custodial Service/Supplies                   133.53             212.27             1,200.00            987.73            82.31
              Building and Grounds, Other                  317.03             976.06             4,000.00          3,023.94            75.60
           Vehicle Expenses
              Gas and Oil                                  420.25           3,262.51            25,710.00         22,447.49            87.31
              Repairs and Maintenance                        0.00           1,513.17             9,165.00          7,651.83            83.49
              Vehicle Insurance                            869.50           2,608.50             9,812.00          7,203.50            73.42
           Travel/Cont Ed.-Staff and Board
              In State Travel                             $325.62            $638.12            $6,700.00          6,061.88            90.48%
              Out of State Travel                            0.00              40.41             3,400.00          3,359.59            98.81
              Registrations and Other Fees                 603.64           1,005.88             4,850.00          3,844.12            79.26
           CE & Meeting, Non Staff/Board
              Meeting Expenses                              15.72             111.20               700.00            588.80            84.11
           Public Relations
              Public Relations                              $0.00              $0.00               $50.00             50.00           100.00%
           Liability Insurance
              Liability Insurance                         $443.83          $1,331.49            $5,405.00          4,073.51            75.37%
           Supplies, Postage, Printing
              Computer Supplies                         $1,119.00         $10,150.12            $9,895.00           (255.12)           (2.58)%
              General Office Supplies/Equip                216.31             436.33             6,825.00          6,388.67            93.61
              Internal Printing/Photocopying             1,507.37           7,162.06            19,449.00         12,286.94            63.18
              Postage                                      132.68             561.71             3,000.00          2,438.29            81.28
           Telephone & Telcom
              Local & Long Distance                       $366.74            $871.50            $5,175.00          4,303.50            83.16%
              Telecommunications Data/Fax                   30.28              60.00               335.00            275.00            82.09
   Date: 10/27/04                                         Lincoln Trail Libraries System                                               Page: 3
                                                                Income Statement
                                                          For the Month Ending 9/30/04
                                                                 For GENERAL FUND
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Equipment Rental
              Equipment Repair & Maintenance                65.00             542.00             3,200.00          2,658.00            83.06
              Maintenance Agreements                       228.38             685.14             4,220.00          3,534.86            83.76
              EDP Equipment Insurance                      199.34             598.00             2,742.00          2,144.00            78.19
           Professional Services
              Legal                                         $0.00              $0.00              $700.00            700.00           100.00%
              Accounting                                     0.00           5,280.00             8,000.00          2,720.00            34.00
              Consulting                                     0.00               0.00             2,000.00          2,000.00           100.00
           Contractual Services
              Information Services Costs                    $0.00              $0.00               $25.00             25.00           100.00%
              Outside Printing                               0.00             998.20             2,000.00          1,001.80            50.09
              Other Contractual Services                 2,247.45           2,277.40             3,896.00          1,618.60            41.55
           Member Reimbursements
           Miscellaneous
              Miscellaneous                                $76.84            $358.49            $3,405.00          3,046.51            89.47%
           Capital Outlays (Over $750)
              Equipment                                     $0.00              $0.00            $2,500.00          2,500.00           100.00%
              Computers                                  9,590.00           9,590.00             7,200.00         (2,390.00)         (33.19)
              Software                                       0.00               0.00             5,000.00          5,000.00           100.00
              Furniture & Fixtures                           0.00               0.00               900.00            900.00           100.00
              Vehicles                                     240.00             240.00                 0.00           (240.00)            0.00

              Total Expenditures                       $77,433.17        $194,868.70          $819,937.00        625,068.30            76.23%

           Reserves
           Debt Service
           Other Sources
           Other Uses

           Total Expenses, Reserves and Sources        $77,433.17        $194,868.70          $819,937.00        625,068.30            76.23%

              Net Income                             ($77,432.66)      ($194,867.17)            ($148.00)        194,719.17       (131567.01)%