TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
11/30/07
RESPONSIBLE REMAINING 
  SENIOR 2008 ACTUAL BUDGET REMAINING
OPERATION EXPENSES:   MANAGER ANNUAL BUDGET YEAR TO DATE BALANCE BUDGET %
   PURCHASED POWER BASE EXPENSE JP 21,293,821.00 9,313,289.73 11,980,531.27 56.26%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 120,486.57 174,773.43 59.19%
 STATION SUP LABOR AND MISC PD 103,930.00 39,462.96 64,467.04 62.03%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 287,995.71 286,675.29 49.89%
 STATION LABOR AND EXPENSE PD 477,152.00 196,948.95 280,203.05 58.72%
 STREET LIGHTING EXPENSE PD 102,669.00 23,865.43 78,803.57 76.75%
 METER EXPENSE PD 422,879.00 158,078.53 264,800.47 62.62%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 131,034.02 221,358.98 62.82%
 METER READING LABOR & EXPENSE PD 54,739.00 31,547.81 23,191.19 42.37%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 648,536.00 878,408.00 57.53%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 41,666.65 58,333.35 58.33%
 ENERGY AUDIT EXPENSE JP 589,829.00 200,773.80 389,055.20 65.96%
 ADMIN & GEN SALARIES VC 784,840.00 323,129.61 461,710.39 58.83%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 90,015.11 125,284.89 58.19%
 OUTSIDE SERVICES VC 746,700.00 121,184.26 625,515.74 83.77%
 PROPERTY INSURANCE JD 429,500.00 135,897.10 293,602.90 68.36%
 INJURIES AND DAMAGES JD 69,016.00 26,288.33 42,727.67 61.91%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 424,216.45 729,020.55 63.22%
 MISC GENERAL EXPENSE VC 284,062.00 63,890.93 220,171.07 77.51%
 RENT EXPENSE JD 212,000.00 69,775.76 142,224.24 67.09%
  TOTAL OPERATION EXPENSES 8,495,121.00 3,134,793.98 5,360,327.02 63.10%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 1,135.40 1,864.60 62.15%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 126,786.37 175,821.63 58.10%
 MAINT OF LINES - OH PD 1,412,823.00 566,300.15 846,522.85 59.92%
 MAINT OF LINES - UG PD 196,015.00 50,815.04 145,199.96 74.08%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 11,217.20 168,782.80 93.77%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 89.91 10,894.09 99.18%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 176,412.03 467,336.97 72.60%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 37,830.38 105,209.62 73.55%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 970,586.48 1,954,584.52 66.82%
   DEPRECIATION EXPENSE  RF 3,038,639.00 1,252,625.00 1,786,014.00 58.78%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 14,446,896.88 33,531,318.12 69.89%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 482,000.00 674,841.00 58.33%
TOTAL OPERATING EXPENSES 84,887,808.00 29,600,192.07 55,287,615.93 65.13%