TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
1/31/08
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 12,846,716.49 8,447,104.51 39.67%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 175,543.25 119,716.75 40.55%
 STATION SUP LABOR AND MISC PD 103,930.00 56,708.75 47,221.25 45.44%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 404,163.45 170,507.55 29.67%
 STATION LABOR AND EXPENSE PD 477,152.00 281,033.37 196,118.63 41.10%
 STREET LIGHTING EXPENSE PD 102,669.00 35,732.32 66,936.68 65.20%
 METER EXPENSE PD 422,879.00 228,457.54 194,421.46 45.98%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 187,955.83 164,437.17 46.66%
 METER READING LABOR & EXPENSE PD 54,739.00 43,775.40 10,963.60 20.03%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 940,696.50 586,247.50 38.39%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 58,333.31 41,666.69 41.67%
 ENERGY AUDIT EXPENSE JP 589,829.00 305,076.78 284,752.22 48.28%
 ADMIN & GEN SALARIES VC 784,840.00 441,669.16 343,170.84 43.72%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 129,481.09 85,818.91 39.86%
 OUTSIDE SERVICES VC 746,700.00 227,289.26 519,410.74 69.56%
 PROPERTY INSURANCE JD 429,500.00 189,358.69 240,141.31 55.91%
 INJURIES AND DAMAGES JD 69,016.00 36,216.12 32,799.88 47.53%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 652,549.10 500,687.90 43.42%
 MISC GENERAL EXPENSE VC 284,062.00 117,342.04 166,719.96 58.69%
 RENT EXPENSE JD 212,000.00 104,022.58 107,977.42 50.93%
  TOTAL OPERATION EXPENSES 8,495,121.00 4,615,404.54 3,879,716.46 45.67%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 1,589.58 1,410.42 47.01%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 182,081.81 120,526.19 39.83%
 MAINT OF LINES - OH PD 1,412,823.00 788,000.12 624,822.88 44.23%
 MAINT OF LINES - UG PD 196,015.00 70,917.89 125,097.11 63.82%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 50,498.86 129,501.14 71.95%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 111.51 10,872.49 98.98%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 272,698.16 371,050.84 57.64%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 44,574.56 98,465.44 68.84%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 1,410,472.49 1,514,698.51 51.78%
   DEPRECIATION EXPENSE  RF 3,038,639.00 1,753,675.00 1,284,964.00 42.29%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 24,050,397.46 23,927,817.54 49.87%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 661,261.00 495,580.00 42.84%
TOTAL OPERATING EXPENSES 84,887,808.00 45,337,926.98 39,549,881.02 46.59%