Date: 10/27/04                         Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                     As Of 9/30/04
                                           For Cataloging Maintenance Center
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  BankIllinois Prime Investment                                                       35,261.63
                  BankIllinois Board Checking                                                            (64.23)
               Prepaid Expenses                                                                           37.46
               PROPERTY, PLANT AND EQUIPMENT

               TOTAL ASSETS                                                                          $35,234.86

               LIABILITIES
                  Accounts Payable                                                                       $75.72
               Accrued Liabilities
                  IMRF Withholding Payable                                                               253.59
                  Compensated Absences                                                                   869.62

               TOTAL LIABILITIES                                                                      $1,198.93
               FUND EQUITY
               Designated Fund Balance
                  Unreserved/Undesignated Funds                                                       47,767.42
               Net Profit/(Loss)                                                                    ($13,731.49)

               TOTAL FUND EQUITY                                                                     $34,035.93

               TOTAL LIABILITIES & FUND BALANCE                                                      $35,234.86