ST. LOUIS PUBLIC LIBRARY
STATEMENT OF NET ASSETS
SEPTEMBER 30, 2007

 Governmental

 Business-Type

The Library

 Activities

 Activity

 Total

Foundation

Assets

Cash and cash equivalents

 $     3,536,479

 $                    —

 $    3,536,479

 $        76,424

Investments

         11,177,650

                            —

     11,177,650

              4,444,511

Receivables:

Taxes

       627,624

                            —

           627,624

                          —

Grants

                97,787

                            —

             97,787

                          —

Interest

                26,125

                            —

             26,125

                   12,296

Other

              269,508

                         400

           269,908

                          —

Primary government

                        —

                            —

                      —

                 166,625

Internal balances

           1,056,411

            (1,056,411)

                      —

                          —

Prepaid items

              216,041

                            —

           216,041

                          —

Other assets

                  3,090

                            —

                3,090

                          —

Notes receivable

           1,224,965

                            —

        1,224,965

                          —

Capital assets:

Non depreciable

           3,869,485

             1,061,571

        4,931,056

                          —

Depreciable, net of

accumulated depreciation

         35,485,974

             4,129,255

     39,615,229

                          —

Total Assets

           57,591,139

             4,134,815

     61,725,954

              4,699,856

Liabilities

Accounts payable and

accrued liabilities

              900,428

                   34,888

           935,316

                          —

Accrued salaries and wages

              395,600

                            —

           395,600

                     5,900

Deferred restricted revenue

                73,267

                            —

             73,267

                          —

Payable to component unit

              166,625

                            —

           166,625

                          —

Long-term liabilities:

Due within one year

           1,604,295

                            —

        1,604,295

              1,224,965

Due in more than one year

           1,650,000

                            —

        1,650,000

                          —

Total Liabilities

           4,790,215

                   34,888

        4,825,103

              1,230,865

Net Assets

Investment in capital assets,

net of related debt

         37,735,085

             5,190,826

     42,925,911

                          —

Restricted for:

Debt service

           1,650,000

                            —

        1,650,000

                          —

Other purposes

                38,800

                            —

             38,800

              3,468,991

Unrestricted

         13,377,039

            (1,090,899)

     12,286,140

                          —

Total Net Assets

 $    52,800,924

 $      4,099,927

 $  56,900,851

 $   3,468,991

ST. LOUIS PUBLIC LIBRARY
STATEMENT OF ACTIVITIES
For The Year Ended September 30, 2007