TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
7/31/07
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 1,944,507.30 19,349,313.70 90.87%
 OPERATION SUPER AND ENGIN-TRANS VC 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP VC 295,260.00 19,544.03 275,715.97 93.38%
 STATION SUP LABOR AND MISC VC 103,930.00 7,451.18 96,478.82 92.83%
 LINE MISC LABOR AND EXPENSE VC 574,671.00 46,681.32 527,989.68 91.88%
 STATION LABOR AND EXPENSE VC 477,152.00 37,715.91 439,436.09 92.10%
 STREET LIGHTING EXPENSE VC 102,669.00 2,581.68 100,087.32 97.49%
 METER EXPENSE DA 422,879.00 23,632.08 399,246.92 94.41%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 23,310.72 329,082.28 93.39%
 METER READING LABOR & EXPENSE DA 54,739.00 8,197.36 46,541.64 85.02%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 117,596.92 1,409,347.08 92.30%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 8,333.33 91,666.67 91.67%
 ENERGY AUDIT EXPENSE JP 589,829.00 37,002.94 552,826.06 93.73%
 ADMIN & GEN SALARIES VC 784,840.00 53,913.25 730,926.75 93.13%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 16,849.05 198,450.95 92.17%
 OUTSIDE SERVICES VC 746,700.00 250.00 746,450.00 99.97%
 PROPERTY INSURANCE JD 429,500.00 27,179.42 402,320.58 93.67%
 INJURIES AND DAMAGES JD 69,016.00 3,087.32 65,928.68 95.53%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 206,285.92 946,951.08 82.11%
 MISC GENERAL EXPENSE VC 284,062.00 14,176.47 269,885.53 95.01%
 RENT EXPENSE JD 212,000.00 13,445.63 198,554.37 93.66%
  TOTAL OPERATION EXPENSES 8,495,121.00 667,234.53 7,827,886.47 92.15%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT VC 3,000.00 227.08 2,772.92 92.43%
 MAINT OF STRUCT AND EQUIPMT VC 302,608.00 21,215.07 281,392.93 92.99%
 MAINT OF LINES - OH VC 1,412,823.00 96,929.13 1,315,893.87 93.14%
 MAINT OF LINES - UG VC 196,015.00 8,333.95 187,681.05 95.75%
 MAINT OF LINE TRANSFORMERS VC 180,000.00 995.00 179,005.00 99.45%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 (11.34) 10,995.34 100.10%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 39,121.72 604,627.28 93.92%
 MAINT OF METERS DA 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 4,542.73 138,497.27 96.82%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 171,353.34 2,753,817.66 94.14%
   DEPRECIATION EXPENSE  RF 3,038,639.00 250,525.00 2,788,114.00 91.76%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 3,217,346.44 44,760,868.56 93.29%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 96,400.00 1,060,441.00 91.67%
TOTAL OPERATING EXPENSES 84,887,808.00 6,347,366.61 78,540,441.39 92.52%