| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 10/31/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
7,527,278.58 |
|
7,240,339.00 |
|
286,939.58 |
3.96% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
85,216.94
|
|
84,121.00
|
|
1,095.94 |
1.30% |
| STATION SUP LABOR AND MISC |
33,493.04 |
|
33,377.00
|
|
116.04
|
0.35% |
| LINE MISC LABOR AND EXPENSE |
214,035.26
|
|
178,977.00
|
|
35,058.26 |
19.59% |
| STATION LABOR AND EXPENSE |
157,515.07
|
|
151,889.00
|
|
5,626.07
|
3.70% |
| STREET LIGHTING EXPENSE |
18,150.31
|
|
33,065.00
|
|
(14,914.69) |
-45.11% |
| METER EXPENSE |
122,093.42
|
|
135,037.00
|
|
(12,943.58) |
-9.59% |
| MISC DISTRIBUTION EXPENSE |
103,690.17
|
|
114,133.00
|
|
(10,442.83) |
-9.15% |
| METER READING LABOR & EXPENSE |
25,941.15
|
|
17,682.00
|
|
8,259.15 |
46.71% |
| ACCT & COLL LABOR & EXPENSE |
500,655.15
|
|
506,344.00 |
|
(5,688.85) |
-1.12% |
| UNCOLLECTIBLE ACCOUNTS |
33,333.32
|
|
33,332.00
|
|
1.32 |
0.00% |
| ENERGY AUDIT EXPENSE |
164,925.75
|
|
192,259.00
|
|
(27,333.25) |
-14.22% |
| ADMIN & GEN SALARIES |
248,127.95
|
|
250,108.00
|
|
(1,980.05) |
-0.79% |
| OFFICE SUPPLIES & EXPENSE |
73,614.45
|
|
71,874.00
|
|
1,740.45 |
2.42% |
| OUTSIDE SERVICES |
102,600.21
|
|
293,096.00
|
|
(190,495.79) |
-64.99% |
| PROPERTY INSURANCE |
108,717.68
|
|
143,164.00
|
|
(34,446.32) |
-24.06% |
| INJURIES AND DAMAGES |
21,308.47
|
|
23,302.00
|
|
(1,993.53) |
-8.56% |
| EMPLOYEES PENSIONS & BENEFITS |
324,070.88
|
|
323,420.00
|
|
650.88
|
0.20% |
| MISC GENERAL EXPENSE |
48,378.06
|
|
123,967.00
|
|
(75,588.94) |
-60.98% |
| RENT EXPENSE |
55,686.20
|
|
70,668.00
|
|
(14,981.80) |
-21.20% |
|
|
|
| TOTAL OPERATION EXPENSES |
2,441,553.48
|
|
2,779,815.00
|
|
(338,261.52) |
-12.17% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
908.32 |
|
1,000.00 |
|
(91.68) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
103,093.35
|
|
88,833.00
|
|
14,260.35 |
16.05% |
| MAINT OF LINES - OH |
453,245.14
|
|
436,287.00
|
|
16,958.14 |
3.89% |
| MAINT OF LINES - UG |
32,983.70
|
|
65,188.00
|
|
(32,204.30) |
-49.40% |
| MAINT OF LINE TRANSFORMERS |
10,219.55
|
|
56,250.00
|
|
(46,030.45) |
-81.83% |
| MAINT OF ST LT & SIG SYSTEM |
41.03 |
|
3,562.00 |
|
(3,520.97) |
-98.85% |
| MAINT OF GARAGE AND STOCKROOM |
139,366.00
|
|
201,833.00
|
|
(62,467.00) |
-30.95% |
| MAINT OF METERS |
0.00 |
|
10,482.00
|
|
(10,482.00) |
-100.00% |
| MAINT OF GEN PLANT |
26,113.05
|
|
47,680.00
|
|
(21,566.95) |
-45.23% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
765,970.14
|
|
911,115.00 |
|
(145,144.86) |
-15.93% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
1,002,100.00
|
|
1,012,880.00 |
|
(10,780.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
11,101,384.75
|
|
12,285,152.00 |
|
(1,183,767.25) |
-9.64% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
385,600.00
|
|
385,600.00
|
|
0.00 |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
23,223,886.95 |
|
24,614,901.00
|
|
(1,391,014.05) |
-5.65% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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