TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING EXPENSES
2/29/08
SCHEDULE E
MONTH MONTH LAST YEAR CURRENT YEAR YTD %
OPERATION EXPENSES: LAST YEAR CURRENT YEAR TO DATE     TO DATE CHANGE
   PURCHASED POWER BASE EXPENSE 1,487,679.00 1,888,392.85 12,406,030.23 14,735,109.34 18.77%
 OPERATION SUPER AND ENGIN-TRANS 0.00 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP 15,432.01 22,824.70 174,720.11 198,367.95 13.53%
 STATION SUP LABOR AND MISC 0.00 7,291.33 3,176.52 64,000.08 1914.79%
 LINE MISC LABOR AND EXPENSE 25,160.87 76,739.68 402,175.83 480,903.13 19.58%
 STATION LABOR AND EXPENSE 35,818.82 34,508.52 326,267.13 315,541.89 -3.29%
 STREET LIGHTING EXPENSE 3,601.37 6,641.89 40,424.49 42,374.21 4.82%
 METER EXPENSE 28,554.72 26,276.77 237,526.08 254,734.31 7.24%
 MISC DISTRIBUTION EXPENSE 24,703.25 27,018.54 214,831.17 214,974.37 0.07%
 METER READING LABOR & EXPENSE 6,086.98 4,755.29 60,603.73 48,530.69 -19.92%
 ACCT & COLL LABOR & EXPENSE 87,097.45 119,149.23 918,691.46 1,059,845.73 15.36%
 UNCOLLECTIBLE ACCOUNTS 6,250.00 8,333.33 50,000.00 66,666.64 33.33%
 ENERGY AUDIT EXPENSE 28,408.09 30,692.83 294,626.07 335,769.61 13.96%
 ADMIN & GEN SALARIES 49,964.88 53,037.93 467,844.98 494,707.09 5.74%
 OFFICE SUPPLIES & EXPENSE 10,826.36 22,423.01 115,581.57 151,904.10 31.43%
 OUTSIDE SERVICES 24,997.67 18,954.65 287,409.25 246,243.91 -14.32%
 PROPERTY INSURANCE 27,179.41 26,282.23 214,520.22 215,640.92 0.52%
 INJURIES AND DAMAGES 13,576.74 5,998.38 50,693.21 42,214.50 -16.73%
 EMPLOYEES PENSIONS & BENEFITS 78,029.61 117,348.03 767,532.74 769,897.13 0.31%
 MISC GENERAL EXPENSE 15,349.46 12,217.73 133,400.74 129,559.77 -2.88%
 RENT EXPENSE 18,369.83 30,990.27 128,617.15 135,012.85 4.97%
   TOTAL OPERATION EXPENSES 499,407.52   651,484.34   4,888,642.45   5,266,888.88 7.74%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT 227.08 227.08 454.16 1,816.66 300.00%
 MAINT OF STRUCT AND EQUIPMT (3,580.07) 33,490.37 156,227.02 215,572.18 37.99%
 MAINT OF LINES - OH 44,267.09 74,313.67 748,042.26 862,313.79 15.28%
 MAINT OF LINES - UG 18,042.58 587.69 124,979.98 71,505.58 -42.79%
 MAINT OF LINE TRANSFORMERS 6,772.05 931.50 135,415.21 51,430.36 -62.02%
 MAINT OF ST LT & SIG SYSTEM 7.50 (22.08) 160.18 89.43 -44.17%
 MAINT OF GARAGE AND STOCKROOM 49,153.14 52,248.03 322,709.39 324,946.19 0.69%
 MAINT OF METERS 0.00 0.00 235.05 0.00 0.00%
 MAINT OF GEN PLANT 14,622.47 19,102.36 72,853.50 63,676.92 -12.60%
   TOTAL MAINTENANCE EXPENSES 129,511.84 180,878.62 1,561,076.75 1,591,351.11 1.94%
   DEPRECIATION EXPENSE  242,271.62 250,525.00 1,938,172.96 2,004,200.00 3.41%
   PURCHASED POWER FUEL EXPENSE 1,533,237.37 4,441,741.42 21,539,506.32 28,492,138.88 32.28%
   VOLUNTARY PAYMENTS TO TOWNS 91,500.00 96,400.00 726,295.00 757,661.00 4.32%
TOTAL OPERATING EXPENSES 3,983,607.35 7,509,422.23 43,059,723.71 52,847,349.21 22.73%