Winnefox Library System
				Balance Sheet
				As of October 31, 2003
					Oct 31, 03
ASSETS
	Current Assets
		Checking/Savings
			1-1000 · Cash		439,843.06
		Total Checking/Savings			439,843.06
		Accounts Receivable
			1-1100 · Accounts Receivable		8,515.77
		Total Accounts Receivable			8,515.77
	Total Current Assets				448,358.83
	Other Assets
		1-1150 · PrePaid Rent			30,000.00
	Total Other Assets				30,000.00
TOTAL ASSETS					478,358.83
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Other Current Liabilities
				1-2010 · Due to Member Libraries	44,755.60
				1-2060 · County Grants Payable	93,528.29
				1-2100 · Payroll Liabilities	4,632.63
			Total Other Current Liabilities		142,916.52
		Total Current Liabilities			142,916.52
	Total Liabilities				142,916.52
	Equity
		1-2600 · Opening Bal Equity			148,051.41
		1-2601 · Allocated Vehicle Res Equity			24,000.00
		1-2605 · Allocated Eq & Proj Res Equity			79,202.58
		Net Income			84,188.32
	Total Equity				335,442.31
TOTAL LIABILITIES & EQUITY					478,358.83