| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 1/31/08 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
12,846,716.49
|
|
12,550,470.00
|
|
296,246.49 |
2.36% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
175,543.25
|
|
161,508.00 |
|
14,035.25 |
8.69% |
| STATION SUP LABOR AND MISC |
56,708.75
|
|
59,174.00 |
|
(2,465.25) |
-4.17% |
| LINE MISC LABOR AND EXPENSE |
404,163.45
|
|
325,255.00 |
|
78,908.45 |
24.26% |
| STATION LABOR AND EXPENSE |
281,033.37
|
|
272,849.00 |
|
8,184.37 |
3.00% |
| STREET LIGHTING EXPENSE |
35,732.32
|
|
58,885.00 |
|
(23,152.68) |
-39.32% |
| METER EXPENSE |
228,457.54
|
|
242,245.00 |
|
(13,787.46) |
-5.69% |
| MISC DISTRIBUTION EXPENSE |
187,955.83
|
|
203,422.00 |
|
(15,466.17) |
-7.60% |
| METER READING LABOR & EXPENSE |
43,775.40
|
|
31,251.00 |
|
12,524.40 |
40.08% |
| ACCT & COLL LABOR & EXPENSE |
940,696.50
|
|
901,654.00 |
|
39,042.50 |
4.33% |
| UNCOLLECTIBLE ACCOUNTS |
58,333.31
|
|
58,331.00 |
|
2.31
|
0.00% |
| ENERGY AUDIT EXPENSE |
305,076.78
|
|
346,948.00 |
|
(41,871.22) |
-12.07% |
| ADMIN & GEN SALARIES |
441,669.16
|
|
447,884.00 |
|
(6,214.84) |
-1.39% |
| OFFICE SUPPLIES & EXPENSE |
129,481.09
|
|
125,692.00 |
|
3,789.09 |
3.01% |
| OUTSIDE SERVICES |
227,289.26
|
|
486,818.00 |
|
(259,528.74) |
-53.31% |
| PROPERTY INSURANCE |
189,358.69
|
|
250,537.00 |
|
(61,178.31) |
-24.42% |
| INJURIES AND DAMAGES |
36,216.12
|
|
40,441.00 |
|
(4,224.88) |
-10.45% |
| EMPLOYEES PENSIONS & BENEFITS |
652,549.10
|
|
751,210.00 |
|
(98,660.90) |
-13.13% |
| MISC GENERAL EXPENSE |
117,342.04
|
|
204,263.00 |
|
(86,920.96) |
-42.55% |
| RENT EXPENSE |
104,022.58
|
|
123,669.00 |
|
(19,646.42) |
-15.89% |
|
|
|
| TOTAL OPERATION EXPENSES |
4,615,404.54
|
|
5,092,036.00
|
|
(476,631.46) |
-9.36% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,589.58
|
|
1,750.00
|
|
(160.42) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
182,081.81
|
|
167,966.00 |
|
14,115.81 |
8.40% |
| MAINT OF LINES - OH |
788,000.12
|
|
782,356.00 |
|
5,644.12 |
0.72% |
| MAINT OF LINES - UG |
70,917.89
|
|
114,263.00 |
|
(43,345.11) |
-37.93% |
| MAINT OF LINE TRANSFORMERS |
50,498.86
|
|
102,500.00 |
|
(52,001.14) |
-50.73% |
| MAINT OF ST LT & SIG SYSTEM |
111.51 |
|
6,314.00 |
|
(6,202.49) |
-98.23% |
| MAINT OF GARAGE AND STOCKROOM |
272,698.16
|
|
366,552.00 |
|
(93,853.84) |
-25.60% |
| MAINT OF METERS |
0.00 |
|
18,831.00 |
|
(18,831.00) |
-100.00% |
| MAINT OF GEN PLANT |
44,574.56 |
|
83,440.00 |
|
(38,865.44) |
-46.58% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
1,410,472.49
|
|
1,643,972.00
|
|
(233,499.51) |
-14.20% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
1,753,675.00
|
|
1,772,540.00 |
|
(18,865.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
24,050,397.46 |
|
25,961,749.00
|
|
(1,911,351.54) |
-7.36% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
661,261.00
|
|
674,800.00 |
|
(13,539.00) |
-2.01% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
45,337,926.98 |
|
47,695,567.00
|
|
(2,357,640.02) |
-4.94% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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