| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 11/30/07 | |||||
| TOTAL OPERATING REVENUES (P.3) | 32,472,967.47 | ||||
| ADD: | |||||
| POLE RENTAL | 37,657.60 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 11,098.83 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (29,600,192.07) | ||||
| BOND INTEREST EXPENSE | (27,450.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (7,257.02) | ||||
| FORMULA INCOME (LOSS) | 2,870,882.90 | ||||