White Pine Library Cooperative                                                     
                                                          EXPENDITURES-SUMMARY                                                          
                                                           February 29, 2008                                                            





                      Account Name              Monthly Exp.   Total Exp.     Budgeted       Bal. Remain    Percent Remain              
                      ------------------------- -------------- -------------- -------------- -------------- --------------              
                      Salaries                       12,367.69      61,973.66     148,502.00      86,528.34           0.58              
                      Benefits                        4,119.38      20,107.89      49,739.00      29,631.11           0.60              
                      Supplies                          203.92       1,198.55       2,000.00         801.45           0.40              
                      Postage                             0.00           0.00         800.00         800.00           1.00              
                      Group Performers                  496.50         496.50           0.00        -496.50           0.00              
                      Videocassettes                    603.31       1,939.71       5,000.00       3,060.29           0.61              
                      Software                        2,953.15       3,106.63       2,100.00      -1,006.63          -0.48              
                      Maintenance Supplies                0.00           0.00         100.00         100.00           1.00              
                      Prof. Services                      0.00         462.00       3,000.00       2,538.00           0.85              
                      OCLC Expenses                     379.97       1,928.64      12,500.00      10,571.36           0.85              
                      VLC Membership Fees                 0.00         134.00       2,150.00       2,016.00           0.94              
                      Cont. Education                     0.00         215.04       7,000.00       6,784.96           0.97              
                      Original Cataloging                 0.00           0.00           0.00           0.00           0.00              
                      Accounting                          0.00       4,000.00       5,000.00       1,000.00           0.20              
                      Professional Development            0.00       1,749.84       2,800.00       1,050.16           0.38              
                      Marketing                           0.00           0.00      10,000.00      10,000.00           1.00              
                      Telephone                         131.96         575.08       1,800.00       1,224.92           0.68              
                      Delivery Expense                    0.00      27,500.00      63,500.00      36,000.00           0.57              
                      Mich. Coop. Dir. Assoc.             0.00         185.75       2,504.57       2,318.82           0.93              
                      Staff Travel                       43.25         912.50       1,800.00         887.50           0.49              
                      Unemployment                        0.00           0.00       2,000.00       2,000.00           1.00              
                      Printing                            0.00           0.00       2,500.00       2,500.00           1.00              
                      Insurance                           0.00           0.00       4,500.00       4,500.00           1.00              
                      Equipment Lease                   180.98         862.12       3,350.00       2,487.88           0.74              
                      Rental                          1,400.00       7,000.00      16,800.00       9,800.00           0.58              
                      Miscellaneous                     133.66         491.76       1,000.00         508.24           0.51              
                      Car Expenses                      340.54       2,842.56       6,000.00       3,157.44           0.53              
                      Gates Grant Expenses          104,133.00     104,133.00     103,733.00        -400.00          -0.00              
                      Equipment                      12,132.00      12,276.39      15,350.00       3,073.61           0.20              
                      Fund Balance                        0.00           0.00      73,853.77      73,853.77           1.00              
                                                ============== ============== ============== ============== ==============    
                      EXPENDITURES                  139,619.31     254,091.62     549,382.34     295,290.72           0.54             
                      TOTAL ACCOUNTS                139,619.31     254,091.62     549,382.34     295,290.72          18.11              
                                                ============== ============== ============== ============== ==============              
                      DIFFERENCE                          0.00           0.00           0.00           0.00         -17.57