Winnefox Library System
					Balance Sheet
					As of February 29, 2004
						Feb 29, 04
ASSETS
	Current Assets
		Checking/Savings
			1-1000 · Cash
				1-1010 · Petty Cash		25.00
				1-1020 · Checking West Point Bank		32,630.34
				1-1030 · LGIP
					1-1031 · LGIP Account #1	825,491.02
					1-1032 · LGIP Account #4-FVLC	6,659.03
				Total 1-1030 · LGIP		832,150.05
				1-1050 · Money Mkt West Point Bank		87,097.08
			Total 1-1000 · Cash			951,902.47
		Total Checking/Savings				951,902.47
		Accounts Receivable
			1-1100 · Accounts Receivable			258,966.13
		Total Accounts Receivable				258,966.13
		Other Current Assets
			1-1070 · Undeposited Funds			457,746.32
		Total Other Current Assets				457,746.32
	Total Current Assets					1,668,614.92
	Other Assets
		1-1150 · PrePaid Rent				27,500.00
	Total Other Assets					27,500.00
TOTAL ASSETS						1,696,114.92
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				1-2000 · Accounts Payable		23,072.21
			Total Accounts Payable			23,072.21
			Other Current Liabilities
				1-2010 · Due to Member Libraries
					1-2012 · Due to Endeavor	677.39
					1-2015 · Due to FVLC	6,659.03
					1-2019 · Due to Menasha	4,314.45
					1-2022 · Due to Neshkoro	463.59
					1-2027 · Due to OPL	17,867.43
					1-2029 · Due to Packwaukee	682.17
					1-2036 · Due to Princeton	1,152.50
				Total 1-2010 · Due to Member Libraries		31,816.56
				1-2060 · County Grants Payable
					1-2062 · 2001 WFX Auto Grant-Fond du Lac	64,555.70
					1-2063 · 2001 FDL County Auto-Brandon	3,600.00
					1-2064 · 2001 FDL County Auto-Oakfield	4,900.00
					1-2065 · 2000 Waushara Auto-Poy Sippi	0.70
					1-2070 · 2000 GL Auto-Berlin	732.58
					1-2072 · 1998 GL Auto-Princeton	2,145.24
					1-2076 · 1999 Marquette Auto-Endeavor	1,522.00
					1-2077 · 1999 Marquette Auto-Neshkoro	1,522.00
					1-2078 · 1999 Winnebago Special Project	1,503.52
					1-2079 · 2002 Winnebago ESL-Oshkosh	785.89
					1-2080 · 2002 Winnebago ESL-Neenah	1,368.47
					1-2081 · 2002 Winnebago ESL-Menasha	40.34
					1-2082 · 2002 Winnebago ESL-Omro	1,133.53
					1-2083 · 2002 Winnebago ESL-Winneconne	615.93
					1-2084 · 2003 Winnebago County Special P	2,600.00
				Total 1-2060 · County Grants Payable		87,025.90
				1-2100 · Payroll Liabilities
					1-2116 · Wisc Retirement Payable	5,059.44
					1-2122 · Life Insurance Payable	123.60
					1-2125 · United Way Payable	143.40
				Total 1-2100 · Payroll Liabilities		5,326.44
			Total Other Current Liabilities			124,168.90
		Total Current Liabilities				147,241.11
	Total Liabilities					147,241.11
	Equity
		1-2600 · Opening Bal Equity				148,051.41
		1-2601 · Allocated Vehicle Res Equity				30,000.00
		1-2605 · Allocated Eq & Proj Res Equity				79,202.58
		1-2650 · Retained Earnings				22,015.99
		Net Income				1,269,603.83
	Total Equity					1,548,873.81
TOTAL LIABILITIES & EQUITY						1,696,114.92