| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 2/29/08 | |||||
| TOTAL OPERATING REVENUES (P.3) | 55,095,574.75 | ||||
| ADD: | |||||
| POLE RENTAL | 40,973.60 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 16,814.13 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (52,847,349.21) | ||||
| BOND INTEREST EXPENSE | (43,920.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (11,036.73) | ||||
| FORMULA INCOME (LOSS) | 2,235,114.63 | ||||