| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 7/31/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
1,944,507.30
|
|
1,814,654.00 |
|
129,853.30 |
7.16% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
19,544.03
|
|
17,879.00 |
|
1,665.03 |
9.31% |
| STATION SUP LABOR AND MISC |
7,451.18
|
|
7,878.00 |
|
(426.82) |
-5.42% |
| LINE MISC LABOR AND EXPENSE |
46,681.32
|
|
40,574.00 |
|
6,107.32 |
15.05% |
| STATION LABOR AND EXPENSE |
37,715.91
|
|
35,199.00 |
|
2,516.91 |
7.15% |
| STREET LIGHTING EXPENSE |
2,581.68
|
|
7,630.00 |
|
(5,048.32) |
-66.16% |
| METER EXPENSE |
23,632.08 |
|
30,735.00 |
|
(7,102.92) |
-23.11% |
| MISC DISTRIBUTION EXPENSE |
23,310.72 |
|
27,024.00 |
|
(3,713.28) |
-13.74% |
| METER READING LABOR & EXPENSE |
8,197.36
|
|
4,076.00 |
|
4,121.36 |
101.11% |
| ACCT & COLL LABOR & EXPENSE |
117,596.92
|
|
132,775.00 |
|
(15,178.08) |
-11.43% |
| UNCOLLECTIBLE ACCOUNTS |
8,333.33
|
|
8,333.00 |
|
0.33
|
0.00% |
| ENERGY AUDIT EXPENSE |
37,002.94
|
|
50,154.00 |
|
(13,151.06) |
-26.22% |
| ADMIN & GEN SALARIES |
53,913.25
|
|
58,615.00 |
|
(4,701.75) |
-8.02% |
| OFFICE SUPPLIES & EXPENSE |
16,849.05
|
|
18,056.00 |
|
(1,206.95) |
-6.68% |
| OUTSIDE SERVICES |
250.00 |
|
37,574.00 |
|
(37,324.00) |
-99.33% |
| PROPERTY INSURANCE |
27,179.42
|
|
35,791.00 |
|
(8,611.58) |
-24.06% |
| INJURIES AND DAMAGES |
3,087.32
|
|
5,813.00 |
|
(2,725.68) |
-46.89% |
| EMPLOYEES PENSIONS & BENEFITS |
206,285.92
|
|
82,530.00 |
|
123,755.92 |
149.95% |
| MISC GENERAL EXPENSE |
14,176.47
|
|
23,833.00 |
|
(9,656.53) |
-40.52% |
| RENT EXPENSE |
13,445.63
|
|
17,667.00 |
|
(4,221.37) |
-23.89% |
|
|
|
| TOTAL OPERATION EXPENSES |
667,234.53
|
|
642,136.00 |
|
25,098.53 |
3.91% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
227.08 |
|
250.00 |
|
(22.92) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
21,215.07
|
|
18,787.00 |
|
2,428.07 |
12.92% |
| MAINT OF LINES - OH |
96,929.13
|
|
96,858.00 |
|
71.13
|
0.07% |
| MAINT OF LINES - UG |
8,333.95
|
|
16,172.00 |
|
(7,838.05) |
-48.47% |
| MAINT OF LINE TRANSFORMERS |
995.00 |
|
12,500.00 |
|
(11,505.00) |
-92.04% |
| MAINT OF ST LT & SIG SYSTEM |
(11.34) |
|
830.00 |
|
(841.34) |
-101.37% |
| MAINT OF GARAGE AND STOCKROOM |
39,121.72
|
|
51,355.00 |
|
(12,233.28) |
-23.82% |
| MAINT OF METERS |
0.00 |
|
2,482.00 |
|
(2,482.00) |
-100.00% |
| MAINT OF GEN PLANT |
4,542.73
|
|
11,920.00 |
|
(7,377.27) |
-61.89% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
171,353.34
|
|
211,154.00 |
|
(39,800.66) |
-18.85% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
250,525.00
|
|
253,220.00 |
|
(2,695.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
3,217,346.44
|
|
3,324,402.00 |
|
(107,055.56) |
-3.22% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
96,400.00 |
|
96,400.00 |
|
0.00 |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
6,347,366.61 |
|
6,341,966.00
|
|
5,400.61 |
0.09% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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