| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 8/31/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
3,784,958.74
|
|
3,602,188.00
|
|
182,770.74 |
5.07% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
39,091.75
|
|
35,843.00 |
|
3,248.75 |
9.06% |
| STATION SUP LABOR AND MISC |
14,976.79
|
|
15,756.00 |
|
(779.21) |
-4.95% |
| LINE MISC LABOR AND EXPENSE |
94,274.38
|
|
78,376.00 |
|
15,898.38 |
20.28% |
| STATION LABOR AND EXPENSE |
72,659.39
|
|
70,440.00 |
|
2,219.39 |
3.15% |
| STREET LIGHTING EXPENSE |
7,212.52
|
|
15,365.00 |
|
(8,152.48) |
-53.06% |
| METER EXPENSE |
61,825.42
|
|
61,597.00 |
|
228.42
|
0.37% |
| MISC DISTRIBUTION EXPENSE |
48,501.94
|
|
54,048.00 |
|
(5,546.06) |
-10.26% |
| METER READING LABOR & EXPENSE |
13,411.56
|
|
8,278.00 |
|
5,133.56 |
62.01% |
| ACCT & COLL LABOR & EXPENSE |
228,726.89
|
|
242,597.00 |
|
(13,870.11) |
-5.72% |
| UNCOLLECTIBLE ACCOUNTS |
16,666.66
|
|
16,666.00 |
|
0.66
|
0.00% |
| ENERGY AUDIT EXPENSE |
69,841.14
|
|
90,308.00 |
|
(20,466.86) |
-22.66% |
| ADMIN & GEN SALARIES |
110,160.35
|
|
117,230.00 |
|
(7,069.65) |
-6.03% |
| OFFICE SUPPLIES & EXPENSE |
36,725.16
|
|
35,937.00 |
|
788.16
|
2.19% |
| OUTSIDE SERVICES |
32,068.60
|
|
90,548.00 |
|
(58,479.40) |
-64.58% |
| PROPERTY INSURANCE |
54,358.84
|
|
71,582.00 |
|
(17,223.16) |
-24.06% |
| INJURIES AND DAMAGES |
9,890.17
|
|
11,526.00 |
|
(1,635.83) |
-14.19% |
| EMPLOYEES PENSIONS & BENEFITS |
209,533.46
|
|
162,760.00 |
|
46,773.46 |
28.74% |
| MISC GENERAL EXPENSE |
26,925.23
|
|
47,214.00 |
|
(20,288.77) |
-42.97% |
| RENT EXPENSE |
27,485.37
|
|
35,334.00 |
|
(7,848.63) |
-22.21% |
|
|
|
| TOTAL OPERATION EXPENSES |
1,174,335.62
|
|
1,261,405.00
|
|
(87,069.38) |
-6.90% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
454.16 |
|
500.00 |
|
(45.84) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
45,760.85
|
|
37,616.00 |
|
8,144.85 |
21.65% |
| MAINT OF LINES - OH |
212,914.66
|
|
193,425.00 |
|
19,489.66 |
10.08% |
| MAINT OF LINES - UG |
17,583.58
|
|
32,372.00 |
|
(14,788.42) |
-45.68% |
| MAINT OF LINE TRANSFORMERS |
6,228.49
|
|
25,000.00 |
|
(18,771.51) |
-75.09% |
| MAINT OF ST LT & SIG SYSTEM |
(21.13) |
|
1,676.00 |
|
(1,697.13) |
-101.26% |
| MAINT OF GARAGE AND STOCKROOM |
73,263.77
|
|
102,210.00 |
|
(28,946.23) |
-28.32% |
| MAINT OF METERS |
0.00 |
|
4,964.00 |
|
(4,964.00) |
-100.00% |
| MAINT OF GEN PLANT |
9,268.25
|
|
23,840.00 |
|
(14,571.75) |
-61.12% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
365,452.63
|
|
421,603.00 |
|
(56,150.37) |
-13.32% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
501,050.00
|
|
506,440.00 |
|
(5,390.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
6,448,602.27 |
|
6,822,497.00
|
|
(373,894.73) |
-5.48% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
192,800.00
|
|
192,800.00 |
|
0.00 |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
12,467,199.26 |
|
12,806,933.00
|
|
(339,733.74) |
-2.65% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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