TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
FORMULA INCOME
3/31/08
TOTAL OPERATING REVENUES       (P.3)					62,389,359.90
ADD:
	POLE RENTAL				40,973.60
	INTEREST INCOME ON CUSTOMER DEPOSITS				18,193.51
LESS:
	UNBILLED PURCHASED POWER EXPENSE				(15,941.91)
	OPERATING EXPENSES   (P.3)				(60,312,358.96)
	BOND INTEREST EXPENSE				(49,410.00)
	CUSTOMER DEPOSIT INTEREST EXPENSE				(12,337.07)
FORMULA INCOME (LOSS)					2,058,479.07