TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING EXPENSES
12/31/07
SCHEDULE E
MONTH MONTH LAST YEAR CURRENT YEAR YTD %
OPERATION EXPENSES: LAST YEAR CURRENT YEAR TO DATE     TO DATE CHANGE
   PURCHASED POWER BASE EXPENSE 1,586,295.95 1,758,818.57 9,253,806.37 11,072,108.30 19.65%
 OPERATION SUPER AND ENGIN-TRANS 0.00 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP 27,576.43 28,873.81 141,745.70 149,360.38 5.37%
 STATION SUP LABOR AND MISC 826.68 10,279.43 2,831.54 49,742.39 1656.73%
 LINE MISC LABOR AND EXPENSE 84,169.61 54,270.98 321,375.71 342,266.69 6.50%
 STATION LABOR AND EXPENSE 50,768.51 35,753.06 258,839.70 232,702.01 -10.10%
 STREET LIGHTING EXPENSE 6,200.39 5,354.73 31,126.37 29,220.16 -6.12%
 METER EXPENSE 34,619.97 32,434.73 180,443.45 190,513.26 5.58%
 MISC DISTRIBUTION EXPENSE 31,702.00 27,526.57 167,201.63 158,560.59 -5.17%
 METER READING LABOR & EXPENSE 6,781.93 6,124.15 48,486.12 37,671.96 -22.30%
 ACCT & COLL LABOR & EXPENSE 136,875.89 132,543.19 699,820.44 781,079.19 11.61%
 UNCOLLECTIBLE ACCOUNTS 6,250.00 8,333.33 37,500.00 49,999.98 33.33%
 ENERGY AUDIT EXPENSE 47,712.42 51,962.08 250,798.57 252,735.88 0.77%
 ADMIN & GEN SALARIES 71,711.88 60,498.58 362,958.93 383,628.19 5.69%
 OFFICE SUPPLIES & EXPENSE 21,181.43 23,149.89 88,381.57 113,165.00 28.04%
 OUTSIDE SERVICES 43,253.64 77,665.22 222,511.10 198,849.48 -10.63%
 PROPERTY INSURANCE 26,719.95 27,179.36 160,161.40 163,076.46 1.82%
 INJURIES AND DAMAGES 11,915.74 4,583.07 33,393.80 30,871.40 -7.55%
 EMPLOYEES PENSIONS & BENEFITS 122,879.37 63,123.58 571,835.55 487,340.03 -14.78%
 MISC GENERAL EXPENSE 16,096.44 41,710.61 99,808.64 105,601.54 5.80%
 RENT EXPENSE 14,855.84 17,048.18 80,984.97 86,823.94 7.21%
   TOTAL OPERATION EXPENSES 762,098.12   708,414.55   3,760,205.19   3,843,208.53 2.21%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT 0.00 227.10 0.00 1,362.50 100.00%
 MAINT OF STRUCT AND EQUIPMT 28,719.19 25,596.20 151,854.91 152,382.57 0.35%
 MAINT OF LINES - OH 120,280.05 121,427.72 632,285.97 687,727.87 8.77%
 MAINT OF LINES - UG 19,454.62 10,412.37 91,781.40 61,227.41 -33.29%
 MAINT OF LINE TRANSFORMERS (626.48) 25,486.45 75,438.82 36,703.65 -51.35%
 MAINT OF ST LT & SIG SYSTEM 21.09 8.89 111.18 98.80 -11.14%
 MAINT OF GARAGE AND STOCKROOM 29,662.96 48,527.06 227,635.28 224,939.09 -1.18%
 MAINT OF METERS 7.05 0.00 7.05 0.00 0.00%
 MAINT OF GEN PLANT 11,818.73 4,690.62 46,820.70 42,521.00 -9.18%
   TOTAL MAINTENANCE EXPENSES 209,337.21 236,376.41 1,225,935.31 1,206,962.89 -1.55%
   DEPRECIATION EXPENSE  242,271.62 250,525.00 1,453,629.72 1,503,150.00 3.41%
   PURCHASED POWER FUEL EXPENSE 2,366,654.68 4,901,264.86 17,071,203.16 19,348,161.74 13.34%
   VOLUNTARY PAYMENTS TO TOWNS 90,545.00 82,861.00 543,295.00 564,861.00 3.97%
TOTAL OPERATING EXPENSES 5,257,202.58 7,938,260.39 33,308,074.75 37,538,452.46 12.70%