| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 2/29/08 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
14,735,109.34
|
|
14,239,310.00
|
|
495,799.34 |
3.48% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
198,367.95
|
|
184,447.00 |
|
13,920.95 |
7.55% |
| STATION SUP LABOR AND MISC |
64,000.08
|
|
67,350.00 |
|
(3,349.92) |
-4.97% |
| LINE MISC LABOR AND EXPENSE |
480,903.13
|
|
364,951.00 |
|
115,952.13 |
31.77% |
| STATION LABOR AND EXPENSE |
315,541.89
|
|
308,901.00 |
|
6,640.89
|
2.15% |
| STREET LIGHTING EXPENSE |
42,374.21
|
|
66,852.00 |
|
(24,477.79) |
-36.61% |
| METER EXPENSE |
254,734.31
|
|
274,208.00 |
|
(19,473.69) |
-7.10% |
| MISC DISTRIBUTION EXPENSE |
214,974.37
|
|
231,151.00 |
|
(16,176.63) |
-7.00% |
| METER READING LABOR & EXPENSE |
48,530.69
|
|
35,574.00 |
|
12,956.69 |
36.42% |
| ACCT & COLL LABOR & EXPENSE |
1,059,845.73
|
|
1,013,533.00
|
|
46,312.73 |
4.57% |
| UNCOLLECTIBLE ACCOUNTS |
66,666.64
|
|
66,664.00 |
|
2.64
|
0.00% |
| ENERGY AUDIT EXPENSE |
335,769.61
|
|
387,981.00 |
|
(52,211.39) |
-13.46% |
| ADMIN & GEN SALARIES |
494,707.09
|
|
508,782.00 |
|
(14,074.91) |
-2.77% |
| OFFICE SUPPLIES & EXPENSE |
151,904.10
|
|
143,573.00 |
|
8,331.10
|
5.80% |
| OUTSIDE SERVICES |
246,243.91
|
|
540,392.00 |
|
(294,148.09) |
-54.43% |
| PROPERTY INSURANCE |
215,640.92
|
|
286,328.00 |
|
(70,687.08) |
-24.69% |
| INJURIES AND DAMAGES |
42,214.50
|
|
46,154.00 |
|
(3,939.50) |
-8.54% |
| EMPLOYEES PENSIONS & BENEFITS |
769,897.13
|
|
831,440.00 |
|
(61,542.87) |
-7.40% |
| MISC GENERAL EXPENSE |
129,559.77
|
|
223,471.00 |
|
(93,911.23) |
-42.02% |
| RENT EXPENSE |
135,012.85
|
|
141,336.00 |
|
(6,323.15) |
-4.47% |
|
|
|
| TOTAL OPERATION EXPENSES |
5,266,888.88
|
|
5,723,088.00
|
|
(456,199.12) |
-7.97% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,816.66
|
|
2,000.00 |
|
(183.34) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
215,572.18
|
|
188,594.00 |
|
26,978.18 |
14.30% |
| MAINT OF LINES - OH |
862,313.79
|
|
881,521.00 |
|
(19,207.21) |
-2.18% |
| MAINT OF LINES - UG |
71,505.58
|
|
130,505.00 |
|
(58,999.42) |
-45.21% |
| MAINT OF LINE TRANSFORMERS |
51,430.36
|
|
115,000.00 |
|
(63,569.64) |
-55.28% |
| MAINT OF ST LT & SIG SYSTEM |
89.43 |
|
7,179.00 |
|
(7,089.57) |
-98.75% |
| MAINT OF GARAGE AND STOCKROOM |
324,946.19
|
|
424,808.00 |
|
(99,861.81) |
-23.51% |
| MAINT OF METERS |
0.00 |
|
21,402.00 |
|
(21,402.00) |
-100.00% |
| MAINT OF GEN PLANT |
63,676.92
|
|
95,360.00 |
|
(31,683.08) |
-33.22% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
1,591,351.11
|
|
1,866,369.00
|
|
(275,017.89) |
-14.74% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,004,200.00
|
|
2,025,760.00
|
|
(21,560.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
28,492,138.88 |
|
30,397,392.00
|
|
(1,905,253.12) |
-6.27% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
757,661.00
|
|
771,200.00 |
|
(13,539.00) |
-1.76% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
52,847,349.21 |
|
55,023,119.00
|
|
(2,175,769.79) |
-3.95% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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