TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
6/30/07
RESPONSIBLE REMAINING 
  SENIOR 2007 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 20,430,206.00 19,812,376.23 617,829.77 3.02%
 OPERATION SUPER AND ENGIN-TRANS VC 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP VC 312,289.00 274,731.70 37,557.30 12.03%
 STATION SUP LABOR AND MISC VC 101,456.00 19,846.65 81,609.35 80.44%
 LINE MISC LABOR AND EXPENSE VC 561,371.00 614,016.04 (52,645.04) -9.38%
 STATION LABOR AND EXPENSE VC 472,001.00 501,200.49 (29,199.49) -6.19%
 STREET LIGHTING EXPENSE VC 100,896.00 51,630.33 49,265.67 48.83%
 METER EXPENSE DA 403,088.00 388,053.13 15,034.87 3.73%
 MISC DISTRIBUTION EXPENSE JD 342,141.00 331,152.47 10,988.53 3.21%
 METER READING LABOR & EXPENSE DA 51,168.00 84,042.11 (32,874.11) -64.25%
 ACCT & COLL LABOR & EXPENSE RF 1,452,148.00 1,415,064.48 37,083.52 2.55%
 UNCOLLECTIBLE ACCOUNTS RF 75,000.00 74,737.98 262.02 0.35%
 ENERGY AUDIT EXPENSE JP 494,108.00 448,765.42 45,342.58 9.18%
 ADMIN & GEN SALARIES VC 758,114.00 734,842.19 23,271.81 3.07%
 OFFICE SUPPLIES & EXPENSE VC 215,600.00 185,328.54 30,271.46 14.04%
 OUTSIDE SERVICES VC 650,250.00 436,237.79 214,012.21 32.91%
 PROPERTY INSURANCE JD 433,100.00 326,236.86 106,863.14 24.67%
 INJURIES AND DAMAGES JD 84,343.00 75,771.26 8,571.74 10.16%
 EMPLOYEES PENSIONS & BENEFITS JD 1,273,844.00 1,266,442.64 7,401.36 0.58%
 MISC GENERAL EXPENSE VC 282,354.00 192,925.30 89,428.70 31.67%
 RENT EXPENSE JD 214,200.00 194,110.87 20,089.13 9.38%
  TOTAL OPERATION EXPENSES 8,277,471.00 7,615,136.25 662,334.75 8.00%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT VC 3,000.00 1,362.50 1,637.50 54.58%
 MAINT OF STRUCT AND EQUIPMT VC 331,921.00 266,573.15 65,347.85 19.69%
 MAINT OF LINES - OH VC 1,569,743.00 1,229,260.21 340,482.79 21.69%
 MAINT OF LINES - UG VC 222,001.00 199,656.58 22,344.42 10.07%
 MAINT OF LINE TRANSFORMERS VC 90,000.00 163,843.94 (73,843.94) -82.05%
 MAINT OF ST LT & SIG SYSTEM JB 10,449.00 170.26 10,278.74 98.37%
 MAINT OF GARAGE AND STOCKROOM JD 639,577.00 500,264.17 139,312.83 21.78%
 MAINT OF METERS DA 30,332.00 235.05 30,096.95 99.23%
 MAINT OF GEN PLANT RF 134,940.00 101,784.95 33,155.05 24.57%
   TOTAL MAINTENANCE EXPENSES 3,031,963.00 2,463,150.81 568,812.19 18.76%
   DEPRECIATION EXPENSE  RF 2,892,000.00 2,907,259.43 (15,259.43) -0.53%
   PURCHASED POWER FUEL EXPENSE JP 42,587,028.00 29,912,851.45 12,674,176.55 29.76%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,092,300.00 1,108,159.00 (15,859.00) -1.45%
TOTAL OPERATING EXPENSES 78,310,968.00 63,818,933.17 14,492,034.83 18.51%