| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 6/30/07 | |||||
| TOTAL OPERATING REVENUES (P.3) | 66,224,642.92 | ||||
| ADD: | |||||
| POLE RENTAL | 78,585.00 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 28,004.56 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (63,818,933.17) | ||||
| BOND INTEREST EXPENSE | (83,187.50) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (17,974.67) | ||||
| FORMULA INCOME (LOSS) | 2,395,195.23 | ||||