White Pine Library Cooperative                                                     
                                                          EXPENDITURES-SUMMARY                                                          
                                                              May 31, 2008                                                              




                      Account Name              Monthly Exp.   Total Exp.     Budgeted       Bal. Remain    Percent Remain              
                      ------------------------- -------------- -------------- -------------- -------------- --------------              
                      Salaries                       13,911.88     101,697.23     148,502.00      46,804.77           0.32              
                      Benefits                        4,372.32      33,261.36      49,739.00      16,477.64           0.33              
                      Supplies                          180.77       1,715.43       2,000.00         284.57           0.14              
                      Postage                           250.40         255.00         800.00         545.00           0.68              
                      Group Performers                4,033.18       4,529.68           0.00      -4,529.68           0.00              
                      Videocassettes                      0.00       2,915.46       5,000.00       2,084.54           0.42              
                      Software                          595.00       3,701.63       2,100.00      -1,601.63          -0.76              
                      Maintenance Supplies                0.00           0.00         100.00         100.00           1.00              
                      Prof. Services                     75.00       1,223.78       3,000.00       1,776.22           0.59              
                      OCLC Expenses                       0.00       7,790.47      12,500.00       4,709.53           0.38              
                      VLC Membership Fees                 0.00         201.00       2,150.00       1,949.00           0.91              
                      Cont. Education                   702.17       1,242.31       7,000.00       5,757.69           0.82              
                      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       2,686.59       2,800.00         113.41           0.04              
                      Marketing                           0.00           0.00      10,000.00      10,000.00           1.00              
                      Telephone                         123.61       1,178.30       1,800.00         621.70           0.35              
                      Delivery Expense                    0.00      40,250.00      63,500.00      23,250.00           0.37              
                      Mich. Coop. Dir. Assoc.             0.00         501.92       2,504.57       2,002.65           0.80              
                      Staff Travel                       65.00       3,894.34       1,800.00      -2,094.34          -1.16              
                      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       3,392.00       4,500.00       1,108.00           0.25              
                      Equipment Lease                    33.95       1,334.29       3,350.00       2,015.71           0.60              
                      Rental                              0.00      11,200.00      16,800.00       5,600.00           0.33              
                      Miscellaneous                      61.66         888.95       1,000.00         111.05           0.11              
                      Car Expenses                      340.54       3,864.18       6,000.00       2,135.82           0.36              
                      Gates Grant Expenses                0.00     104,133.00     103,733.00        -400.00          -0.00              
                      Equipment                           0.00      12,479.36      15,350.00       2,870.64           0.19              
                      Fund Balance                        0.00           0.00      73,853.77      73,853.77           1.00              
                                                ============== ============== ============== ============== ==============              
                      EXPENDITURES                   24,745.48     348,336.28     549,382.34     201,046.06           0.37              
                      TOTAL ACCOUNTS                 24,745.48     348,336.28     549,382.34     201,046.06          11.24              
                                                ============== ============== ============== ============== ==============              
                      DIFFERENCE                         -0.00           0.00           0.00           0.00         -10.88