TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
10/31/07
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 7,527,278.58 13,766,542.42 64.65%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 85,216.94 210,043.06 71.14%
 STATION SUP LABOR AND MISC PD 103,930.00 33,493.04 70,436.96 67.77%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 214,035.26 360,635.74 62.76%
 STATION LABOR AND EXPENSE PD 477,152.00 157,515.07 319,636.93 66.99%
 STREET LIGHTING EXPENSE PD 102,669.00 18,150.31 84,518.69 82.32%
 METER EXPENSE PD 422,879.00 122,093.42 300,785.58 71.13%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 103,690.17 248,702.83 70.58%
 METER READING LABOR & EXPENSE PD 54,739.00 25,941.15 28,797.85 52.61%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 500,655.15 1,026,288.85 67.21%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 33,333.32 66,666.68 66.67%
 ENERGY AUDIT EXPENSE JP 589,829.00 164,925.75 424,903.25 72.04%
 ADMIN & GEN SALARIES VC 784,840.00 248,127.95 536,712.05 68.38%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 73,614.45 141,685.55 65.81%
 OUTSIDE SERVICES VC 746,700.00 102,600.21 644,099.79 86.26%
 PROPERTY INSURANCE JD 429,500.00 108,717.68 320,782.32 74.69%
 INJURIES AND DAMAGES JD 69,016.00 21,308.47 47,707.53 69.13%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 324,070.88 829,166.12 71.90%
 MISC GENERAL EXPENSE VC 284,062.00 48,378.06 235,683.94 82.97%
 RENT EXPENSE JD 212,000.00 55,686.20 156,313.80 73.73%
  TOTAL OPERATION EXPENSES 8,495,121.00 2,441,553.48 6,053,567.52 71.26%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 908.32 2,091.68 69.72%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 103,093.35 199,514.65 65.93%
 MAINT OF LINES - OH PD 1,412,823.00 453,245.14 959,577.86 67.92%
 MAINT OF LINES - UG PD 196,015.00 32,983.70 163,031.30 83.17%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 10,219.55 169,780.45 94.32%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 41.03 10,942.97 99.63%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 139,366.00 504,383.00 78.35%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 26,113.05 116,926.95 81.74%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 765,970.14 2,159,200.86 73.81%
   DEPRECIATION EXPENSE  RF 3,038,639.00 1,002,100.00 2,036,539.00 67.02%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 11,101,384.75 36,876,830.25 76.86%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 385,600.00 771,241.00 66.67%
TOTAL OPERATING EXPENSES 84,887,808.00 23,223,886.95 61,663,921.05 72.64%