1997-1998 InULA FINANCIAL REPORT

TOTAL:  12,250.20
7/1/97							$ 13622.26
6/30/98							$ 12250.20
TOTAL FISCAL YEAR GAIN/LOSS			    -   ($ 1372.06)


CHECKING ACCOUNT						TOTAL: $ 948.03

7/1/97		Beginning balance			 $   1054.00
6/30/98		Year end balance		         $    948.03
FISCAL YEAR GAIN/LOSS				    -	($    105.97)


SHARE ACCOUNTS							TOTAL: $ 4827.31

Regular Share

7/1/97		Beginning balance			 $   1336.33
10/27/97	Transfer to MMS				($   1246.49)
7/1/97-6/30/98	Dividends			     +	 $     15.16
6/30/98		Year end balance			 $    105.00
FISCAL YEAR GAIN/LOSS				     -	($   1231.33)


Money Market Share

7/1/97		Beginning balance			 $   5051.07
9/24/97		Transfer to checking for RIF		($   1000.00)
10/27/97	Transfer from regular share 	    +	 $   1246.49
12/1/97		Transfer to checking for RIF		($   1000.00)
3/25/98		Transfer to checking for RIF		($   1000.00)
4/23/98		Deposit from Book Sale	     	    +	 $   1331.10
5/7/98		NSF check from Book Sale		($     95.00)
7/1/97-6/30/98	Dividends			    +	 $    188.65
6/30/98		Year end balance			 $   4722.31
FISCAL YEAR GAIN/LOSS				 -	($    328.76)


SIX MONTH CD (matures 12/1/98)					TOTAL: $ 6474.86

7/1/97		Beginning Balance			 $   6180.86
7/1/97-6/30/98	Dividends			     +	 $    294.00
6/30/98		Year end balance			 $   6474.86
FISCAL YEAR GAIN/LOSS				     +	 $    294.00


COMBINED TOTALS (based on balance gain/loss)

Checking						($    105.97)
Regular Share						($   1231.33)
Money Market Share					($    328.76)
Six Month Certificate of Deposit		     +   $    294.00
TOTAL FISCAL YEAR GAIN/LOSS			     -  ($   1372.06)


1997-1998 InULA FINANCIAL REPORT
July 1, 1997--June 30, 1998

EXPENDITURES: 							TOTAL:  $ 7046.97

Research Incentive Fund Grant				 $   3200.00
	9/17/97		Emma Dederick-Colón		($    800.00)
	12/2/97		Jo Burgess			($    800.00)
	3/30/98		Lou Malcomb			($    800.00)
							 $    800.00

SLIS Scholarship					 $   2000.00
	4/23/98		Lisa Marie Julka		($   1000.00)
	4/23/98		Brianne Williams	        ($   1000.00)
								0

Discretionary (incl. Dean's Fund)		 	 $   1000.00
	9/16/97 	Board meeting refreshments	($     10.34)
	4/23/98		Library Preservation Conference	($     52.36)
	5/7/98		Dean's Fund (for 96/97 & 97/98)	($    800.00)
							 $    137.30

Committees
	Book Sale					 $    350.00
	**7/9/97	Carried over from 96/97		($     19.50)
	1/31/98 	Refreshments			($     17.11)
	4/24/98		Refreshments			($     22.99)
	4/24/98		Advertisement; HT		($     26.40)
	6/11/98		Advertisement; MAXI copies	($     99.00)
							 $    165.00

	Communications	No Expenditures		 	 $    200.00
	Constitution	No Expenditures		 	 $    100.00
	Elections	No Expenditures		 	 $    100.00

	Membership				 	 $    400.00
	9/16/97	 Brochures				($     39.90)
	10/13/97 Annual meeting refreshments		($     45.14)
	10/14/97 Brochures				($     18.90)
	10/27/97 U. Club; room rental for annual meeting($    100.00)
	11/5/97	 IMU; catering for annual meeting	($    107.84)
	5/26/97	 May business meeting refreshments	($     81.72)
							 $      6.50

	Professional Development			 $   2500.00
	11/5/97	 Prof. Devel. Grant-- Michele Russo	($    671.33)
	2/24/98	 Prof. Devel. Grant-- Chris Long 	($    500.00)
							 $   1328.67

	Program and Social			 	 $    400.00
	3/25/98	IMU; Luncheon at Tudor Room		($      2.52)
	5/12/98	Librarians' Day				($     31.92)
							 $    365.56


1997-1998 InULA FINANCIAL REPORT
July 1, 1997--June 30, 1998


EXPENDITURES: 							TOTAL: $ 7046.97

Total Allocated Budget					 $  10250.00
Total 1997/1998 Expenditures				($   7046.97)
Total Remaining						 $   3203.03

INCOME:  							TOTAL: $ 5674.91

Memberships						 $    825.00
InULA Mugs						 $     21.00
Book Sale						 $   4331.10
Bank Dividends					         $    497.81
Total 1997/1998 Income					 $   5674.91

COMBINED TOTALS

Total Income						 $   5674.91
Total Expenditures					($   7046.97)
TOTAL FISCAL YEAR GAIN/LOSS			     -	($   1372.06)