Fiscal year 1986 activities are summarized in the following reports: (1) Library Services and Construction Act (LSCA) Executive Summary; (2) Title I Financial Report--Fiscal Year 1985 Carryover; (3) Title III Financial Report--Fiscal Year 1985 Carryover; (4) Title I Financial Report--Fiscal Year 1986; (5) Title III Financial Report--Fiscal Year 1986; (6) Summary of Unexpended Carryover; (7) Summary of Fiscal Year Report; and (8) Financial and Performance Report Certification. Performance reports, accompanied by LSCA Annual Program Reports and Establishment and Incentive Grant Project Evaluation Reports, are also included for the following Title I projects: (1) Project 1: Areas without Services; (2) Project 2: Areas with Inadequate Services; (3) Project 3: Services to the Disadvantaged; (4) Project 4: Services to Physically Handicapped; (5) Project 5: Services to Institutionalized; (6) Project 7: Major Urban Resource Libraries; (7) Project 9: Services to Limited English-Speaking; (8) Project 11: Literacy Programs; and (9) Project 13: Administration. Reports for Title II, Project 1: Public Library Construction, and for Title III, Project 3: Establishing, Expanding, and Operating Library Networks are also provided. (KM)