TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
FORMULA INCOME
10/31/07
TOTAL OPERATING REVENUES       (P.3)					25,875,170.89
ADD:
	POLE RENTAL				0.00
	INTEREST INCOME ON CUSTOMER DEPOSITS				8,875.85
LESS:
	UNBILLED PURCHASED POWER EXPENSE				(15,941.91)
	OPERATING EXPENSES   (P.3)				(23,223,886.95)
	BOND INTEREST EXPENSE				(21,960.00)
	CUSTOMER DEPOSIT INTEREST EXPENSE				(5,752.47)
FORMULA INCOME (LOSS)					2,616,505.41