Winnefox Library System
Balance Sheet
As of June 30, 2006
					Jun 30, 06
ASSETS
	Current Assets
		Checking/Savings
			1-1000 · Cash		1,307,532.39
		Total Checking/Savings			1,307,532.39
		Accounts Receivable
			1-1100 · Accounts Receivable		236,534.55
		Total Accounts Receivable			236,534.55
		Other Current Assets
			1-1070 · Undeposited Funds		119,864.93
		Total Other Current Assets			119,864.93
	Total Current Assets				1,663,931.87
	Other Assets
		1-1150 · PrePaid Rent			22,500.00
	Total Other Assets				22,500.00
TOTAL ASSETS					1,686,431.87
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				1-2000 · Accounts Payable	502,297.33
			Total Accounts Payable		502,297.33
			Other Current Liabilities
				1-2010 · Due to Member Libraries	26,240.82
				1-2060 · County Grants Payable	12,087.86
				1-2100 · Payroll Liabilities	7,789.56
			Total Other Current Liabilities		46,118.24
		Total Current Liabilities			548,415.57
	Total Liabilities				548,415.57
	Equity
		1-2600 · Opening Bal Equity			279,979.27
		1-2601 · Allocated Vehicle Res Equity			50,000.00
		1-2605 · Allocated Eq & Proj Res Equity			79,202.58
		Net Income			728,834.45
	Total Equity				1,138,016.30
TOTAL LIABILITIES & EQUITY					1,686,431.87