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    9/16/05  /05                                          Lincoln Trail Libraries System                                               Page: 1
                                                                Income Statement
                                                          For the Month Ending 6/30/05
                                                            For LIVE & LEARN GRANTS
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Revenue
              Grants                                        0.00           2,000.00             2,000.00               0.00            0.00

              Total Revenue                                $0.00          $2,000.00            $2,000.00               0.00             0.00%

   Date: 9/16/05                                          Lincoln Trail Libraries System                                               Page: 2
                                                                Income Statement
                                                          For the Month Ending 6/30/05
                                                             For LIVE & LEARN GRANTS
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Expenditures
           Personnel
              Supports Services                          4,286.76          31,774.05            31,749.00            (25.05)          (0.08)
           Payroll Taxes/Fringe Benefits
              Social Security Taxes                        196.36           1,779.77             2,429.00            649.23           26.73
              Unemployment Insurance                        63.54             699.20                99.00           (600.20)        (606.26)
              Workers Compensation                           0.00               0.00               130.00            130.00          100.00
              Retirement Benefits                           64.41             777.24               841.00             63.76            7.58
              Health, Dental, Life Insurance               872.04           5,943.80             4,976.00           (967.80)         (19.45)
              Recruiting                                     0.00             370.37                 0.00           (370.37)           0.00
           Library Materials
           Building and Grounds
              Building and Grounds, Other                  999.96             999.96                 0.00           (999.96)           0.00
           Vehicle Expenses
              Gas and Oil                                  (3.48)               0.00                 0.00              0.00            0.00
           Travel/Cont Ed.-Staff and Board
              In State Travel                             $108.48            $335.47              $796.00            460.53            57.86%
              Out of State Travel                        1,064.86           4,386.32            11,914.00          7,527.68           63.18
           CE & Meeting, Non Staff/Board
              Travel-CE & Meetings                     (1,991.80)               0.00                 0.00              0.00            0.00
           Public Relations
           Liability Insurance
           Supplies, Postage, Printing
              Computer Supplies                             $0.00            $966.55            $1,000.00             33.45             3.35%
              General Office Supplies/Equip                 89.47             562.84             3,000.00          2,437.16           81.24
              Internal Printing/Photocopying               495.40             681.64               500.00           (181.64)         (36.33)
              Postage                                      148.32           2,243.77            19,304.00         17,060.23           88.38
           Telephone & Telcom
              Local & Long Distance                       $204.00            $204.00              $704.00            500.00            71.02%
              Telecommunications Data/Fax                    3.48              62.22                 0.00            (62.22)           0.00
           Equipment Rental
           Professional Services
           Contractual Services
              Information Services Costs                    $0.00              $0.00            $2,000.00          2,000.00           100.00%
              Other Contractual Services                18,018.84          29,309.09            14,678.00        (14,631.09)         (99.68)
           Member Reimbursements
           Miscellaneous
              Miscellaneous                                 $0.00             $17.57                $0.00            (17.57)            0.00%
   Date: 9/16/05                                          Lincoln Trail Libraries System                                               Page: 3
                                                                Income Statement
                                                          For the Month Ending 6/30/05
                                                             For LIVE & LEARN GRANTS
                                                                For All Programs
                                                      Current             Current          FY2005Budget           Budget             %
                                                       Period               YTD                Total             Variance        Remaining
           Capital Outlays (Over $750)
              Equipment                                     $0.00              $0.00           $35,868.00         35,868.00           100.00%
              Computers                                  1,255.83           1,255.83                 0.00         (1,255.83)           0.00
              Software                                       0.00             108.00                 0.00           (108.00)           0.00

              Total Expenditures                       $25,876.47         $82,477.69          $129,988.00         47,510.31            36.55%

           Reserves
           Debt Service
           Other Sources
           Other Uses

           Total Expenses, Reserves and Sources        $25,876.47         $82,477.69          $129,988.00         47,510.31            36.55%

              Net Income                             ($25,876.47)       ($80,477.69)        ($127,988.00)        (47,510.31)           37.12%