TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
8/31/07
RESPONSIBLE REMAINING 
  SENIOR 2008 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 21,293,821.00 3,784,958.74 17,508,862.26 82.23%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 39,091.75 256,168.25 86.76%
 STATION SUP LABOR AND MISC PD 103,930.00 14,976.79 88,953.21 85.59%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 94,274.38 480,396.62 83.60%
 STATION LABOR AND EXPENSE PD 477,152.00 72,659.39 404,492.61 84.77%
 STREET LIGHTING EXPENSE PD 102,669.00 7,212.52 95,456.48 92.97%
 METER EXPENSE PD 422,879.00 61,825.42 361,053.58 85.38%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 48,501.94 303,891.06 86.24%
 METER READING LABOR & EXPENSE PD 54,739.00 13,411.56 41,327.44 75.50%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 228,726.89 1,298,217.11 85.02%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 16,666.66 83,333.34 83.33%
 ENERGY AUDIT EXPENSE JP 589,829.00 69,841.14 519,987.86 88.16%
 ADMIN & GEN SALARIES VC 784,840.00 110,160.35 674,679.65 85.96%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 36,725.16 178,574.84 82.94%
 OUTSIDE SERVICES VC 746,700.00 32,068.60 714,631.40 95.71%
 PROPERTY INSURANCE JD 429,500.00 54,358.84 375,141.16 87.34%
 INJURIES AND DAMAGES JD 69,016.00 9,890.17 59,125.83 85.67%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 209,533.46 943,703.54 81.83%
 MISC GENERAL EXPENSE VC 284,062.00 26,925.23 257,136.77 90.52%
 RENT EXPENSE JD 212,000.00 27,485.37 184,514.63 87.04%
  TOTAL OPERATION EXPENSES 8,495,121.00 1,174,335.62 7,320,785.38 86.18%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 454.16 2,545.84 84.86%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 45,760.85 256,847.15 84.88%
 MAINT OF LINES - OH PD 1,412,823.00 212,914.66 1,199,908.34 84.93%
 MAINT OF LINES - UG PD 196,015.00 17,583.58 178,431.42 91.03%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 6,228.49 173,771.51 96.54%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 (21.13) 11,005.13 100.19%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 73,263.77 570,485.23 88.62%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 9,268.25 133,771.75 93.52%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 365,452.63 2,559,718.37 87.51%
   DEPRECIATION EXPENSE  RF 3,038,639.00 501,050.00 2,537,589.00 83.51%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 6,448,602.27 41,529,612.73 86.56%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 192,800.00 964,041.00 83.33%
TOTAL OPERATING EXPENSES 84,887,808.00 12,467,199.26 72,420,608.74 85.31%