FY2004 System Audit

FY2004 System Audit NORTHERN ILLINOIS LIBRARY SYSTEM Financial Statements June 30, 2004 (With Independent Auditors' Report Thereon) MILLIKIN BENNING KLECKLER & KOBISCHKA, LLC Certified Public Accountants NORTHERN ILLINOIS LIBRARY SYSTEM Table of Contents Exhibit Page Independent Auditors' Report FINANCIAL STATEMENTS: Combined Statement of Assets, Liabilities, and Fund Equity – All Fund Types and Account Group A 2 Combined Statement of Revenues, Expenditures, and Changes in Fund Balances – All Governmental Fund Types B 3 Combined Statem Changes in Fund Balances – Budget and Actual – All Governmental Fund Types C 4 Notes to Financial Statements 5 – 11 INDIVIDUAL FUND AND ACCOUNT GROUP FINANCIAL STATEMENTS: Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: General Fund D 12 – 13 Statement of Revenues, Expenditures, and Changes in Special Revenue Funds E 14 Statement of General Fixed Assets – General Fixed Assets Account Group F 15 Report on Compliance and on Internal Control Over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 16 Independent Auditors' Report The Board of Directors Northern Illinois Library System Rockford, Illinois: We have audited ...