TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
12/31/07
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 11,072,108.30 10,221,712.70 48.00%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 149,360.38 145,899.62 49.41%
 STATION SUP LABOR AND MISC PD 103,930.00 49,742.39 54,187.61 52.14%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 342,266.69 232,404.31 40.44%
 STATION LABOR AND EXPENSE PD 477,152.00 232,702.01 244,449.99 51.23%
 STREET LIGHTING EXPENSE PD 102,669.00 29,220.16 73,448.84 71.54%
 METER EXPENSE PD 422,879.00 190,513.26 232,365.74 54.95%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 158,560.59 193,832.41 55.00%
 METER READING LABOR & EXPENSE PD 54,739.00 37,671.96 17,067.04 31.18%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 781,079.19 745,864.81 48.85%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 49,999.98 50,000.02 50.00%
 ENERGY AUDIT EXPENSE JP 589,829.00 252,735.88 337,093.12 57.15%
 ADMIN & GEN SALARIES VC 784,840.00 383,628.19 401,211.81 51.12%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 113,165.00 102,135.00 47.44%
 OUTSIDE SERVICES VC 746,700.00 198,849.48 547,850.52 73.37%
 PROPERTY INSURANCE JD 429,500.00 163,076.46 266,423.54 62.03%
 INJURIES AND DAMAGES JD 69,016.00 30,871.40 38,144.60 55.27%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 487,340.03 665,896.97 57.74%
 MISC GENERAL EXPENSE VC 284,062.00 105,601.54 178,460.46 62.82%
 RENT EXPENSE JD 212,000.00 86,823.94 125,176.06 59.05%
  TOTAL OPERATION EXPENSES 8,495,121.00 3,843,208.53 4,651,912.47 54.76%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 1,362.50 1,637.50 54.58%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 152,382.57 150,225.43 49.64%
 MAINT OF LINES - OH PD 1,412,823.00 687,727.87 725,095.13 51.32%
 MAINT OF LINES - UG PD 196,015.00 61,227.41 134,787.59 68.76%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 36,703.65 143,296.35 79.61%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 98.80 10,885.20 99.10%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 224,939.09 418,809.91 65.06%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 42,521.00 100,519.00 70.27%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 1,206,962.89 1,718,208.11 58.74%
   DEPRECIATION EXPENSE  RF 3,038,639.00 1,503,150.00 1,535,489.00 50.53%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 19,348,161.74 28,630,053.26 59.67%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 564,861.00 591,980.00 51.17%
TOTAL OPERATING EXPENSES 84,887,808.00 37,538,452.46 47,349,355.54 55.78%