Date: 10/27/04                         Lincoln Trail Libraries System               Page: 1
                                                     Balance Sheet
                                                     As Of 9/30/04
                                             For COOPERATIVE SERVICE FUND
                                                                                                   Current
                                                                                                     YTD
               ASSETS
                  CURRENT ASSETS
                  BankIllinois Prime Investment                                                      (25,957.37)
                  BankIllinois Board Checking                                                         (3,511.73)
                  The Illinois Funds-Money Market                                                     21,108.29
                  The Illinois Funds-Prime Funds                                                     143,915.89
                  Due from Related Parties                                                              (130.49)
                  Inventory                                                                            4,836.16
               Prepaid Expenses                                                                           19.07
               PROPERTY, PLANT AND EQUIPMENT
                  Equipment                                                                           16,714.95
                  Accumulated Depreciation                                                           (16,714.46)

               TOTAL ASSETS                                                                         $140,280.31

               LIABILITIES
                  Accounts Payable                                                                       $80.92
               Accrued Liabilities
                  IMRF Withholding Payable                                                               117.44
                  Compensated Absences                                                                 1,275.49

               TOTAL LIABILITIES                                                                      $1,473.85
               FUND EQUITY
               Designated Fund Balance
                  Appropriated Funds                                                                 110,000.00
                  Retained Earnings                                                                   13,878.42
               Net Profit/(Loss)                                                                     $14,928.04

               TOTAL FUND EQUITY                                                                    $138,806.46

               TOTAL LIABILITIES & FUND BALANCE                                                     $140,280.31