| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 12/31/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
11,072,108.30 |
|
10,833,008.00 |
|
239,100.30
|
2.21% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
149,360.38
|
|
138,559.00 |
|
10,801.38 |
7.80% |
| STATION SUP LABOR AND MISC |
49,742.39
|
|
50,998.00 |
|
(1,255.61) |
-2.46% |
| LINE MISC LABOR AND EXPENSE |
342,266.69
|
|
283,560.00 |
|
58,706.69 |
20.70% |
| STATION LABOR AND EXPENSE |
232,702.01
|
|
234,555.00 |
|
(1,852.99) |
-0.79% |
| STREET LIGHTING EXPENSE |
29,220.16
|
|
50,641.00 |
|
(21,420.84) |
-42.30% |
| METER EXPENSE |
190,513.26
|
|
207,831.00 |
|
(17,317.74) |
-8.33% |
| MISC DISTRIBUTION EXPENSE |
158,560.59
|
|
174,443.00 |
|
(15,882.41) |
-9.10% |
| METER READING LABOR & EXPENSE |
37,671.96
|
|
26,913.00 |
|
10,758.96 |
39.98% |
| ACCT & COLL LABOR & EXPENSE |
781,079.19
|
|
753,581.00 |
|
27,498.19
|
3.65% |
| UNCOLLECTIBLE ACCOUNTS |
49,999.98
|
|
49,998.00 |
|
1.98
|
0.00% |
| ENERGY AUDIT EXPENSE |
252,735.88
|
|
287,423.00 |
|
(34,687.12) |
-12.07% |
| ADMIN & GEN SALARIES |
383,628.19
|
|
386,986.00 |
|
(3,357.81) |
-0.87% |
| OFFICE SUPPLIES & EXPENSE |
113,165.00
|
|
107,636.00 |
|
5,529.00 |
5.14% |
| OUTSIDE SERVICES |
198,849.48
|
|
449,244.00 |
|
(250,394.52) |
-55.74% |
| PROPERTY INSURANCE |
163,076.46
|
|
214,746.00 |
|
(51,669.54) |
-24.06% |
| INJURIES AND DAMAGES |
30,871.40
|
|
34,728.00 |
|
(3,856.60) |
-11.11% |
| EMPLOYEES PENSIONS & BENEFITS |
487,340.03
|
|
483,980.00 |
|
3,360.03
|
0.69% |
| MISC GENERAL EXPENSE |
105,601.54
|
|
181,235.00 |
|
(75,633.46) |
-41.73% |
| RENT EXPENSE |
86,823.94
|
|
106,002.00 |
|
(19,178.06) |
-18.09% |
|
|
|
| TOTAL OPERATION EXPENSES |
3,843,208.53
|
|
4,223,059.00
|
|
(379,850.47) |
-8.99% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,362.50 |
|
1,500.00
|
|
(137.50) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
152,382.57
|
|
148,333.00 |
|
4,049.57
|
2.73% |
| MAINT OF LINES - OH |
687,727.87
|
|
680,579.00 |
|
7,148.87 |
1.05% |
| MAINT OF LINES - UG |
61,227.41
|
|
97,970.00 |
|
(36,742.59) |
-37.50% |
| MAINT OF LINE TRANSFORMERS |
36,703.65
|
|
90,000.00 |
|
(53,296.35) |
-59.22% |
| MAINT OF ST LT & SIG SYSTEM |
98.80 |
|
5,426.00
|
|
(5,327.20) |
-98.18% |
| MAINT OF GARAGE AND STOCKROOM |
224,939.09
|
|
308,797.00 |
|
(83,857.91) |
-27.16% |
| MAINT OF METERS |
0.00 |
|
16,260.00 |
|
(16,260.00) |
-100.00% |
| MAINT OF GEN PLANT |
42,521.00 |
|
71,520.00 |
|
(28,999.00) |
-40.55% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
1,206,962.89
|
|
1,420,385.00
|
|
(213,422.11) |
-15.03% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
1,503,150.00
|
|
1,519,320.00 |
|
(16,170.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
19,348,161.74 |
|
21,044,966.00 |
|
(1,696,804.26) |
-8.06% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
564,861.00
|
|
578,400.00 |
|
(13,539.00) |
-2.34% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
37,538,452.46 |
|
39,619,138.00
|
|
(2,080,685.54) |
-5.25% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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