| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 5/31/07 | |||||
| TOTAL OPERATING REVENUES (P.3) | 61,001,790.92 | ||||
| ADD: | |||||
| POLE RENTAL | 59,973.20 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 25,831.76 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (57,931,441.91) | ||||
| BOND INTEREST EXPENSE | (76,230.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (27,772.86) | ||||
| FORMULA INCOME (LOSS) | 3,036,209.20 | ||||