| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 11/30/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
9,313,289.73 |
|
9,049,655.00 |
|
263,634.73 |
2.91% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
120,486.57
|
|
106,085.00 |
|
14,401.57 |
13.58% |
| STATION SUP LABOR AND MISC |
39,462.96 |
|
41,255.00
|
|
(1,792.04) |
-4.34% |
| LINE MISC LABOR AND EXPENSE |
287,995.71
|
|
216,779.00 |
|
71,216.71 |
32.85% |
| STATION LABOR AND EXPENSE |
196,948.95
|
|
187,130.00 |
|
9,818.95
|
5.25% |
| STREET LIGHTING EXPENSE |
23,865.43
|
|
40,800.00
|
|
(16,934.57) |
-41.51% |
| METER EXPENSE |
158,078.53
|
|
165,899.00 |
|
(7,820.47) |
-4.71% |
| MISC DISTRIBUTION EXPENSE |
131,034.02
|
|
141,157.00 |
|
(10,122.98) |
-7.17% |
| METER READING LABOR & EXPENSE |
31,547.81
|
|
21,884.00
|
|
9,663.81 |
44.16% |
| ACCT & COLL LABOR & EXPENSE |
648,536.00
|
|
616,166.00 |
|
32,370.00 |
5.25% |
| UNCOLLECTIBLE ACCOUNTS |
41,666.65
|
|
41,665.00
|
|
1.65
|
0.00% |
| ENERGY AUDIT EXPENSE |
200,773.80
|
|
232,413.00 |
|
(31,639.20) |
-13.61% |
| ADMIN & GEN SALARIES |
323,129.61
|
|
308,723.00 |
|
14,406.61 |
4.67% |
| OFFICE SUPPLIES & EXPENSE |
90,015.11
|
|
89,755.00 |
|
260.11
|
0.29% |
| OUTSIDE SERVICES |
121,184.26
|
|
365,670.00 |
|
(244,485.74) |
-66.86% |
| PROPERTY INSURANCE |
135,897.10
|
|
178,955.00 |
|
(43,057.90) |
-24.06% |
| INJURIES AND DAMAGES |
26,288.33
|
|
29,015.00
|
|
(2,726.67) |
-9.40% |
| EMPLOYEES PENSIONS & BENEFITS |
424,216.45
|
|
403,650.00 |
|
20,566.45 |
5.10% |
| MISC GENERAL EXPENSE |
63,890.93
|
|
138,538.00 |
|
(74,647.07) |
-53.88% |
| RENT EXPENSE |
69,775.76
|
|
88,335.00 |
|
(18,559.24) |
-21.01% |
|
|
|
| TOTAL OPERATION EXPENSES |
3,134,793.98
|
|
3,413,874.00
|
|
(279,080.02) |
-8.17% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
1,135.40 |
|
1,250.00
|
|
(114.60) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
126,786.37
|
|
108,662.00 |
|
18,124.37 |
16.68% |
| MAINT OF LINES - OH |
566,300.15
|
|
532,854.00 |
|
33,446.15 |
6.28% |
| MAINT OF LINES - UG |
50,815.04 |
|
81,388.00 |
|
(30,572.96) |
-37.56% |
| MAINT OF LINE TRANSFORMERS |
11,217.20
|
|
68,750.00 |
|
(57,532.80) |
-83.68% |
| MAINT OF ST LT & SIG SYSTEM |
89.91 |
|
4,408.00
|
|
(4,318.09) |
-97.96% |
| MAINT OF GARAGE AND STOCKROOM |
176,412.03
|
|
250,256.00 |
|
(73,843.97) |
-29.51% |
| MAINT OF METERS |
0.00 |
|
12,964.00
|
|
(12,964.00) |
-100.00% |
| MAINT OF GEN PLANT |
37,830.38
|
|
59,600.00 |
|
(21,769.62) |
-36.53% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
970,586.48
|
|
1,120,132.00
|
|
(149,545.52) |
-13.35% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
1,252,625.00
|
|
1,266,100.00 |
|
(13,475.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
14,446,896.88 |
|
16,581,999.00 |
|
(2,135,102.12) |
-12.88% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
482,000.00
|
|
482,000.00 |
|
0.00 |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
29,600,192.07 |
|
31,913,760.00
|
|
(2,313,567.93) |
-7.25% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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