TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
3/31/08
RESPONSIBLE REMAINING 
  SENIOR 2008 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 21,293,821.00 16,555,363.89 4,738,457.11 22.25%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 232,811.78 62,448.22 21.15%
 STATION SUP LABOR AND MISC PD 103,930.00 75,728.91 28,201.09 27.13%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 538,994.60 35,676.40 6.21%
 STATION LABOR AND EXPENSE PD 477,152.00 356,658.43 120,493.57 25.25%
 STREET LIGHTING EXPENSE PD 102,669.00 46,257.54 56,411.46 54.94%
 METER EXPENSE PD 422,879.00 291,753.96 131,125.04 31.01%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 246,806.55 105,586.45 29.96%
 METER READING LABOR & EXPENSE PD 54,739.00 52,421.65 2,317.35 4.23%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 1,201,813.11 325,130.89 21.29%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 74,999.97 25,000.03 25.00%
 ENERGY AUDIT EXPENSE JP 589,829.00 391,697.41 198,131.59 33.59%
 ADMIN & GEN SALARIES VC 784,840.00 562,551.54 222,288.46 28.32%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 177,163.97 38,136.03 17.71%
 OUTSIDE SERVICES VC 746,700.00 270,096.39 476,603.61 63.83%
 PROPERTY INSURANCE JD 429,500.00 241,923.15 187,576.85 43.67%
 INJURIES AND DAMAGES JD 69,016.00 47,519.61 21,496.39 31.15%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 867,916.28 285,320.72 24.74%
 MISC GENERAL EXPENSE VC 284,062.00 146,023.60 138,038.40 48.59%
 RENT EXPENSE JD 212,000.00 151,827.91 60,172.09 28.38%
  TOTAL OPERATION EXPENSES 8,495,121.00 5,974,966.36 2,520,154.64 29.67%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 2,043.74 956.26 31.88%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 247,394.59 55,213.41 18.25%
 MAINT OF LINES - OH PD 1,412,823.00 989,502.12 423,320.88 29.96%
 MAINT OF LINES - UG PD 196,015.00 80,704.17 115,310.83 58.83%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 59,435.65 120,564.35 66.98%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 82.30 10,901.70 99.25%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 363,441.18 280,307.82 43.54%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 68,402.93 74,637.07 52.18%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 1,811,006.68 1,114,164.32 38.09%
   DEPRECIATION EXPENSE  RF 3,038,639.00 2,254,725.00 783,914.00 25.80%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 32,862,236.03 15,115,978.97 31.51%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 854,061.00 302,780.00 26.17%
TOTAL OPERATING EXPENSES 84,887,808.00 60,312,358.96 24,575,449.04 28.95%