| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 6/30/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
19,812,376.23
|
|
20,430,206.00 |
|
(617,829.77) |
-3.02% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
274,731.70
|
|
312,289.00 |
|
(37,557.30) |
-12.03% |
| STATION SUP LABOR AND MISC |
19,846.65
|
|
101,456.00 |
|
(81,609.35) |
-80.44% |
| LINE MISC LABOR AND EXPENSE |
614,016.04
|
|
561,371.00 |
|
52,645.04 |
9.38% |
| STATION LABOR AND EXPENSE |
501,200.49
|
|
472,001.00 |
|
29,199.49 |
6.19% |
| STREET LIGHTING EXPENSE |
51,630.33
|
|
100,896.00 |
|
(49,265.67) |
-48.83% |
| METER EXPENSE |
388,053.13
|
|
403,088.00 |
|
(15,034.87) |
-3.73% |
| MISC DISTRIBUTION EXPENSE |
331,152.47
|
|
342,141.00 |
|
(10,988.53) |
-3.21% |
| METER READING LABOR & EXPENSE |
84,042.11
|
|
51,168.00 |
|
32,874.11 |
64.25% |
| ACCT & COLL LABOR & EXPENSE |
1,415,064.48
|
|
1,452,148.00 |
|
(37,083.52) |
-2.55% |
| UNCOLLECTIBLE ACCOUNTS |
74,737.98
|
|
75,000.00 |
|
(262.02) |
-0.35% |
| ENERGY AUDIT EXPENSE |
448,765.42
|
|
494,108.00 |
|
(45,342.58) |
-9.18% |
| ADMIN & GEN SALARIES |
734,842.19
|
|
758,114.00 |
|
(23,271.81) |
-3.07% |
| OFFICE SUPPLIES & EXPENSE |
185,328.54
|
|
215,600.00 |
|
(30,271.46) |
-14.04% |
| OUTSIDE SERVICES |
436,237.79
|
|
650,250.00 |
|
(214,012.21) |
-32.91% |
| PROPERTY INSURANCE |
326,236.86
|
|
433,100.00 |
|
(106,863.14) |
-24.67% |
| INJURIES AND DAMAGES |
75,771.26
|
|
84,343.00 |
|
(8,571.74) |
-10.16% |
| EMPLOYEES PENSIONS & BENEFITS |
1,266,442.64
|
|
1,273,844.00 |
|
(7,401.36) |
-0.58% |
| MISC GENERAL EXPENSE |
192,925.30
|
|
282,354.00 |
|
(89,428.70) |
-31.67% |
| RENT EXPENSE |
194,110.87
|
|
214,200.00 |
|
(20,089.13) |
-9.38% |
|
|
|
| TOTAL OPERATION EXPENSES |
7,615,136.25
|
|
8,277,471.00
|
|
(662,334.75) |
-8.00% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,362.50 |
|
3,000.00 |
|
(1,637.50) |
-54.58% |
| MAINT OF STRUCT AND EQUIPMENT |
266,573.15
|
|
331,921.00 |
|
(65,347.85) |
-19.69% |
| MAINT OF LINES - OH |
1,229,260.21
|
|
1,569,743.00 |
|
(340,482.79) |
-21.69% |
| MAINT OF LINES - UG |
199,656.58
|
|
222,001.00 |
|
(22,344.42) |
-10.07% |
| MAINT OF LINE TRANSFORMERS |
163,843.94
|
|
90,000.00 |
|
73,843.94 |
82.05% |
| MAINT OF ST LT & SIG SYSTEM |
170.26 |
|
10,449.00 |
|
(10,278.74) |
-98.37% |
| MAINT OF GARAGE AND STOCKROOM |
500,264.17
|
|
639,577.00 |
|
(139,312.83) |
-21.78% |
| MAINT OF METERS |
235.05 |
|
30,332.00 |
|
(30,096.95) |
-99.23% |
| MAINT OF GEN PLANT |
101,784.95
|
|
134,940.00 |
|
(33,155.05) |
-24.57% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
2,463,150.81
|
|
3,031,963.00
|
|
(568,812.19) |
-18.76% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,907,259.43
|
|
2,892,000.00 |
|
15,259.43
|
0.53% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
29,912,851.45 |
|
42,587,028.00 |
|
(12,674,176.55) |
-29.76% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
1,108,159.00
|
|
1,092,300.00 |
|
15,859.00 |
1.45% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
63,818,933.17 |
|
78,310,968.00
|
|
(14,492,034.83) |
-18.51% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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