Lincoln Trail Libraries System
Automation Fund
For the Two Months Ending August 31, 2007
ASSETS
CURRENT ASSETS
Cash	$149,351
Certificates of Deposit/Money Market	813
Due From Related Parties	7,567
Accounts Receivable (Due from Related)	55,070
Prepaid Expenses	25,682
	------------
Total Current Assets	238,483
PROPERTY, PLANT AND EQUIPMENT
Building and Improvements	2,645
Equipment	621,132
Accumulated Depreciation	(519,114)
	------------
Total Property, Plant and Equipment	104,664
	------------
TOTAL ASSETS	$343,146
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LIABILITIES & FUND BALANCES
LIABILITIES
Accounts Payable	1
Accrued Liabilities	197
Compensated Absences	16,495
	------------
TOTAL LIABILITIES	16,692
FUND BALANCES
Designated Fund Balances	121,153
Contributed Capital	84,441
Retained Earnings	45,450
Net Profit/(Loss)	75,410
	------------
TOTAL FUND BALANCES	$326,455
	------------
TOTAL LIABILITIES & FUND BALANCES	$343,146
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