| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 8/31/07 | |||||
| TOTAL OPERATING REVENUES (P.3) | 12,773,159.00 | ||||
| ADD: | |||||
| POLE RENTAL | 0.00 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 2,198.41 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (12,467,199.26) | ||||
| BOND INTEREST EXPENSE | (5,490.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (1,302.11) | ||||
| FORMULA INCOME (LOSS) | 285,424.13 | ||||