| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 3/31/08 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
16,555,363.89 |
|
16,208,022.00
|
|
347,341.89
|
2.14% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
232,811.78
|
|
216,970.00 |
|
15,841.78 |
7.30% |
| STATION SUP LABOR AND MISC |
75,728.91
|
|
77,466.00 |
|
(1,737.09) |
-2.24% |
| LINE MISC LABOR AND EXPENSE |
538,994.60
|
|
430,117.00 |
|
108,877.60 |
25.31% |
| STATION LABOR AND EXPENSE |
356,658.43
|
|
356,117.00 |
|
541.43
|
0.15% |
| STREET LIGHTING EXPENSE |
46,257.54
|
|
77,056.00 |
|
(30,798.46) |
-39.97% |
| METER EXPENSE |
291,753.96
|
|
318,006.00 |
|
(26,252.04) |
-8.26% |
| MISC DISTRIBUTION EXPENSE |
246,806.55
|
|
263,844.00 |
|
(17,037.45) |
-6.46% |
| METER READING LABOR & EXPENSE |
52,421.65
|
|
40,913.00 |
|
11,508.65 |
28.13% |
| ACCT & COLL LABOR & EXPENSE |
1,201,813.11
|
|
1,146,439.00
|
|
55,374.11
|
4.83% |
| UNCOLLECTIBLE ACCOUNTS |
74,999.97
|
|
74,997.00 |
|
2.97
|
0.00% |
| ENERGY AUDIT EXPENSE |
391,697.41
|
|
440,376.00 |
|
(48,678.59) |
-11.05% |
| ADMIN & GEN SALARIES |
562,551.54
|
|
585,898.00 |
|
(23,346.46) |
-3.98% |
| OFFICE SUPPLIES & EXPENSE |
177,163.97
|
|
161,454.00 |
|
15,709.97 |
9.73% |
| OUTSIDE SERVICES |
270,096.39
|
|
597,966.00 |
|
(327,869.61) |
-54.83% |
| PROPERTY INSURANCE |
241,923.15
|
|
322,119.00 |
|
(80,195.85) |
-24.90% |
| INJURIES AND DAMAGES |
47,519.61
|
|
51,867.00 |
|
(4,347.39) |
-8.38% |
| EMPLOYEES PENSIONS & BENEFITS |
867,916.28
|
|
912,570.00 |
|
(44,653.72) |
-4.89% |
| MISC GENERAL EXPENSE |
146,023.60
|
|
237,037.00 |
|
(91,013.40) |
-38.40% |
| RENT EXPENSE |
151,827.91
|
|
159,003.00 |
|
(7,175.09) |
-4.51% |
|
|
|
| TOTAL OPERATION EXPENSES |
5,974,966.36
|
|
6,470,215.00
|
|
(495,248.64) |
-7.65% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
2,043.74
|
|
2,250.00 |
|
(206.26) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
247,394.59
|
|
221,976.00 |
|
25,418.59 |
11.45% |
| MAINT OF LINES - OH |
989,502.12
|
|
1,030,724.00
|
|
(41,221.88) |
-4.00% |
| MAINT OF LINES - UG |
80,704.17
|
|
147,164.00 |
|
(66,459.83) |
-45.16% |
| MAINT OF LINE TRANSFORMERS |
59,435.65
|
|
133,750.00 |
|
(74,314.35) |
-55.56% |
| MAINT OF ST LT & SIG SYSTEM |
82.30 |
|
8,237.00 |
|
(8,154.70) |
-99.00% |
| MAINT OF GARAGE AND STOCKROOM |
363,441.18
|
|
490,555.00 |
|
(127,113.82) |
-25.91% |
| MAINT OF METERS |
0.00 |
|
24,549.00 |
|
(24,549.00) |
-100.00% |
| MAINT OF GEN PLANT |
68,402.93
|
|
107,280.00 |
|
(38,877.07) |
-36.24% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
1,811,006.68
|
|
2,166,485.00
|
|
(355,478.32) |
-16.41% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,254,725.00
|
|
2,278,980.00
|
|
(24,255.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
32,862,236.03 |
|
35,115,130.00
|
|
(2,252,893.97) |
-6.42% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
854,061.00
|
|
867,600.00 |
|
(13,539.00) |
-1.56% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
60,312,358.96 |
|
63,106,432.00
|
|
(2,794,073.04) |
-4.43% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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