| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 5/31/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
17,922,860.95 |
|
18,582,252.00
|
|
(659,391.05) |
-3.55% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
248,250.58
|
|
282,335.00
|
|
(34,084.42) |
-12.07% |
| STATION SUP LABOR AND MISC |
13,904.87
|
|
91,602.00 |
|
(77,697.13) |
-84.82% |
| LINE MISC LABOR AND EXPENSE |
552,537.82
|
|
507,928.00
|
|
44,609.82
|
8.78% |
| STATION LABOR AND EXPENSE |
459,517.13
|
|
429,175.00
|
|
30,342.13 |
7.07% |
| STREET LIGHTING EXPENSE |
49,164.65
|
|
91,322.00 |
|
(42,157.35) |
-46.16% |
| METER EXPENSE |
355,126.04
|
|
363,967.00
|
|
(8,840.96) |
-2.43% |
| MISC DISTRIBUTION EXPENSE |
302,097.98
|
|
309,969.00
|
|
(7,871.02) |
-2.54% |
| METER READING LABOR & EXPENSE |
76,726.95
|
|
46,332.00 |
|
30,394.95 |
65.60% |
| ACCT & COLL LABOR & EXPENSE |
1,310,884.94
|
|
1,323,699.00
|
|
(12,814.06) |
-0.97% |
| UNCOLLECTIBLE ACCOUNTS |
68,750.00 |
|
68,750.00 |
|
0.00 |
0.00% |
| ENERGY AUDIT EXPENSE |
403,861.54
|
|
451,816.00
|
|
(47,954.46) |
-10.61% |
| ADMIN & GEN SALARIES |
672,741.81
|
|
684,269.00
|
|
(11,527.19) |
-1.68% |
| OFFICE SUPPLIES & EXPENSE |
161,837.08
|
|
197,655.00
|
|
(35,817.92) |
-18.12% |
| OUTSIDE SERVICES |
370,059.27
|
|
618,451.00
|
|
(248,391.73) |
-40.16% |
| PROPERTY INSURANCE |
296,058.45
|
|
397,012.00
|
|
(100,953.55) |
-25.43% |
| INJURIES AND DAMAGES |
68,709.51
|
|
77,273.00 |
|
(8,563.49) |
-11.08% |
| EMPLOYEES PENSIONS & BENEFITS |
1,013,208.06
|
|
1,171,310.00
|
|
(158,101.94) |
-13.50% |
| MISC GENERAL EXPENSE |
165,881.39
|
|
272,743.00
|
|
(106,861.61) |
-39.18% |
| RENT EXPENSE |
179,546.20
|
|
196,350.00
|
|
(16,803.80) |
-8.56% |
|
|
|
| TOTAL OPERATION EXPENSES |
6,768,864.27
|
|
7,581,958.00
|
|
(813,093.73) |
-10.72% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,135.40 |
|
2,750.00 |
|
(1,614.60) |
-58.71% |
| MAINT OF STRUCT AND EQUIPMENT |
234,634.75
|
|
301,528.00
|
|
(66,893.25) |
-22.18% |
| MAINT OF LINES - OH |
1,070,648.10
|
|
1,348,707.00
|
|
(278,058.90) |
-20.62% |
| MAINT OF LINES - UG |
166,026.65
|
|
202,813.00
|
|
(36,786.35) |
-18.14% |
| MAINT OF LINE TRANSFORMERS |
136,961.63
|
|
85,000.00
|
|
51,961.63 |
61.13% |
| MAINT OF ST LT & SIG SYSTEM |
78.71 |
|
9,523.00 |
|
(9,444.29) |
-99.17% |
| MAINT OF GARAGE AND STOCKROOM |
447,471.04
|
|
586,282.00
|
|
(138,810.96) |
-23.68% |
| MAINT OF METERS |
235.05 |
|
27,362.00 |
|
(27,126.95) |
-99.14% |
| MAINT OF GEN PLANT |
94,903.16
|
|
123,695.00
|
|
(28,791.84) |
-23.28% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
2,152,094.49
|
|
2,687,660.00
|
|
(535,565.51) |
-19.93% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,664,987.82
|
|
2,651,000.00
|
|
13,987.82
|
0.53% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
27,421,839.38 |
|
39,344,322.00
|
|
(11,922,482.62) |
-30.30% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
1,000,795.00
|
|
1,000,800.00
|
|
(5.00) |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
57,931,441.91 |
|
71,847,992.00
|
|
(13,916,550.09) |
-19.37% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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