| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 9/30/07 | |||||
| TOTAL OPERATING REVENUES (P.3) | 19,865,855.99 | ||||
| ADD: | |||||
| POLE RENTAL | 0.00 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 6,614.78 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (17,686,267.77) | ||||
| BOND INTEREST EXPENSE | (16,470.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (4,406.99) | ||||
| FORMULA INCOME (LOSS) | 2,149,384.10 | ||||