TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING EXPENSES
8/31/07
SCHEDULE E
MONTH MONTH LAST YEAR CURRENT YEAR YTD %
OPERATION EXPENSES: LAST YEAR CURRENT YEAR TO DATE     TO DATE CHANGE
   PURCHASED POWER BASE EXPENSE 1,623,044.59 1,840,451.44 3,011,423.41 3,784,958.74 25.69%
 OPERATION SUPER AND ENGIN-TRANS 0.00 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP 25,599.87 19,547.72 49,246.63 39,091.75 -20.62%
 STATION SUP LABOR AND MISC 376.53 7,525.61 1,169.78 14,976.79 1180.31%
 LINE MISC LABOR AND EXPENSE 50,000.78 47,593.06 94,648.73 94,274.38 -0.40%
 STATION LABOR AND EXPENSE 44,773.65 34,943.48 79,512.71 72,659.39 -8.62%
 STREET LIGHTING EXPENSE 4,095.47 4,630.84 6,745.81 7,212.52 6.92%
 METER EXPENSE 27,261.61 38,193.34 52,938.85 61,825.42 16.79%
 MISC DISTRIBUTION EXPENSE 25,283.05 25,191.22 48,317.52 48,501.94 0.38%
 METER READING LABOR & EXPENSE 10,949.75 5,214.20 19,903.43 13,411.56 -32.62%
 ACCT & COLL LABOR & EXPENSE 110,588.62 111,129.97 213,624.07 228,726.89 7.07%
 UNCOLLECTIBLE ACCOUNTS 6,250.00 8,333.33 12,500.00 16,666.66 33.33%
 ENERGY AUDIT EXPENSE 36,103.45 32,838.20 82,020.52 69,841.14 -14.85%
 ADMIN & GEN SALARIES 53,799.70 56,247.10 109,630.65 110,160.35 0.48%
 OFFICE SUPPLIES & EXPENSE 13,300.09 19,876.11 17,174.89 36,725.16 113.83%
 OUTSIDE SERVICES 27,639.15 31,818.60 27,639.15 32,068.60 100.00%
 PROPERTY INSURANCE 26,640.74 27,179.42 53,281.48 54,358.84 2.02%
 INJURIES AND DAMAGES (531.54) 6,802.85 4,546.92 9,890.17 117.51%
 EMPLOYEES PENSIONS & BENEFITS 46,682.80 3,247.54 145,396.94 209,533.46 44.11%
 MISC GENERAL EXPENSE 7,974.24 12,748.76 18,673.56 26,925.23 44.19%
 RENT EXPENSE 13,257.50 14,039.74 25,806.75 27,485.37 6.50%
   TOTAL OPERATION EXPENSES 530,045.46   507,101.09   1,062,778.39   1,174,335.62 10.50%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT 0.00 227.08 0.00 454.16 100.00%
 MAINT OF STRUCT AND EQUIPMT 32,748.45 24,545.78 59,433.01 45,760.85 -23.00%
 MAINT OF LINES - OH 103,901.76 115,985.53 189,984.74 212,914.66 12.07%
 MAINT OF LINES - UG 18,885.63 9,249.63 23,408.60 17,583.58 -24.88%
 MAINT OF LINE TRANSFORMERS 31,549.24 5,233.49 23,850.30 6,228.49 -73.89%
 MAINT OF ST LT & SIG SYSTEM 37.95 (9.79) (45.10) (21.13) -53.15%
 MAINT OF GARAGE AND STOCKROOM 36,102.60 34,142.05 59,290.65 73,263.77 23.57%
 MAINT OF METERS 0.00 0.00 0.00 0.00 0.00%
 MAINT OF GEN PLANT 5,075.67 4,725.52 10,575.80 9,268.25 -12.36%
   TOTAL MAINTENANCE EXPENSES 228,301.30 194,099.29 366,498.00 365,452.63 -0.29%
   DEPRECIATION EXPENSE  242,271.62 250,525.00 484,543.24 501,050.00 3.41%
   PURCHASED POWER FUEL EXPENSE 3,229,477.97 3,231,255.83 7,462,285.30 6,448,602.27 -13.58%
   VOLUNTARY PAYMENTS TO TOWNS 90,550.00 96,400.00 181,100.00 192,800.00 6.46%
TOTAL OPERATING EXPENSES 5,943,690.94 6,119,832.65 12,568,628.34 12,467,199.26 -0.81%