TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
5/31/07
RESPONSIBLE REMAINING 
  SENIOR 2007 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 20,430,206.00 17,922,860.95 2,507,345.05 12.27%
 OPERATION SUPER AND ENGIN-TRANS VC 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP VC 312,289.00 248,250.58 64,038.42 20.51%
 STATION SUP LABOR AND MISC VC 101,456.00 13,904.87 87,551.13 86.29%
 LINE MISC LABOR AND EXPENSE VC 561,371.00 552,537.82 8,833.18 1.57%
 STATION LABOR AND EXPENSE VC 472,001.00 459,517.13 12,483.87 2.64%
 STREET LIGHTING EXPENSE VC 100,896.00 49,164.65 51,731.35 51.27%
 METER EXPENSE DA 403,088.00 355,126.04 47,961.96 11.90%
 MISC DISTRIBUTION EXPENSE JD 342,141.00 302,097.98 40,043.02 11.70%
 METER READING LABOR & EXPENSE DA 51,168.00 76,726.95 (25,558.95) -49.95%
 ACCT & COLL LABOR & EXPENSE RF 1,452,148.00 1,310,884.94 141,263.06 9.73%
 UNCOLLECTIBLE ACCOUNTS RF 75,000.00 68,750.00 6,250.00 8.33%
 ENERGY AUDIT EXPENSE JP 494,108.00 403,861.54 90,246.46 18.26%
 ADMIN & GEN SALARIES VC 758,114.00 672,741.81 85,372.19 11.26%
 OFFICE SUPPLIES & EXPENSE VC 215,600.00 161,837.08 53,762.92 24.94%
 OUTSIDE SERVICES VC 650,250.00 370,059.27 280,190.73 43.09%
 PROPERTY INSURANCE JD 433,100.00 296,058.45 137,041.55 31.64%
 INJURIES AND DAMAGES JD 84,343.00 68,709.51 15,633.49 18.54%
 EMPLOYEES PENSIONS & BENEFITS JD 1,273,844.00 1,013,208.06 260,635.94 20.46%
 MISC GENERAL EXPENSE VC 282,354.00 165,881.39 116,472.61 41.25%
 RENT EXPENSE JD 214,200.00 179,546.20 34,653.80 16.18%
  TOTAL OPERATION EXPENSES 8,277,471.00 6,768,864.27 1,508,606.73 18.23%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT VC 3,000.00 1,135.40 1,864.60 62.15%
 MAINT OF STRUCT AND EQUIPMT VC 331,921.00 234,634.75 97,286.25 29.31%
 MAINT OF LINES - OH VC 1,569,743.00 1,070,648.10 499,094.90 31.79%
 MAINT OF LINES - UG VC 222,001.00 166,026.65 55,974.35 25.21%
 MAINT OF LINE TRANSFORMERS VC 90,000.00 136,961.63 (46,961.63) -52.18%
 MAINT OF ST LT & SIG SYSTEM JB 10,449.00 78.71 10,370.29 99.25%
 MAINT OF GARAGE AND STOCKROOM JD 639,577.00 447,471.04 192,105.96 30.04%
 MAINT OF METERS DA 30,332.00 235.05 30,096.95 99.23%
 MAINT OF GEN PLANT RF 134,940.00 94,903.16 40,036.84 29.67%
   TOTAL MAINTENANCE EXPENSES 3,031,963.00 2,152,094.49 879,868.51 29.02%
   DEPRECIATION EXPENSE  RF 2,892,000.00 2,664,987.82 227,012.18 7.85%
   PURCHASED POWER FUEL EXPENSE JP 42,587,028.00 27,421,839.38 15,165,188.62 35.61%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,092,300.00 1,000,795.00 91,505.00 8.38%
TOTAL OPERATING EXPENSES 78,310,968.00 57,931,441.91 20,379,526.09 26.02%