HAINES HOMESTEAD LLC ANNUAL REPORT FOR 2006

FINANCIAL REPORT


XXBeginning Balance (1 Jan 06)
$24,857.73

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DEBIT
CREDIT
XXXXXXXXX
________________________________________________________________________________________
MT LLC Business Annual Report
$15.00
  XXXXXXXXX
LLC Water Rights Fee
40.00
   
Share Dividend (30 Jun)  
$558.03
 
Weed Spray & ATV Sprayer
150.00
   
Liaison Trip - MT Land Reliance (Nov)
100.00
   
2006 Jefferson County Taxes
520.10
   
Share Dividend (31 Dec)  
596.27
 
 
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xxxxTotals
$825.10
$1154.30
 

XXEnding Balance
$25,186.93


Note: There have been no new contracts signed this past year and there are none pending at this time.
________________________________________________________________________________________ ________________________________________________________________________________________

Other Matters of Interest
_________________________

1. The State requires an LLC Business Annual Report. Not much
Xi paperwork involved and it was files online to the Secretary of State's
Xi office. The filing fee was $10.00.

2. The Montana Land Reliance requires an annual visit to the
Xi Homestead for the purpose of monitoring activities on the property
Xi This visit usually takes two or three hours. Our current MLR Land
Xi Steward is Michael Downey. He works out of the Helena office at 324
Xi Fuller Ave.

3. The State Legislature passed a bill requiring a Water Rights Fee of
Xi $20.00 for wach water right. Our expense was $40.00 which includes
Xi the well and the spring.

Annual LLC Meeting: We will plan to meet at 2PM, Saturday the 23rd
of June during the reunion.

Proposed Agenda: Old Business *



XXXXXXXXXxxx New Business *


XXXX * To be determined. Let me know of
XXXXX anything you want addressed here.



Respectively Submitted

Don Petersen
Manager, Haines Homestead LLC