| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 9/30/07 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
5,671,083.84 |
|
5,418,662.00
|
|
252,421.84 |
4.66% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
64,901.28 |
|
62,147.00
|
|
2,754.28 |
4.43% |
| STATION SUP LABOR AND MISC |
25,442.65
|
|
25,499.00 |
|
(56.35) |
-0.22% |
| LINE MISC LABOR AND EXPENSE |
144,843.94
|
|
141,175.00
|
|
3,668.94 |
2.60% |
| STATION LABOR AND EXPENSE |
128,585.72
|
|
116,643.00
|
|
11,942.72 |
10.24% |
| STREET LIGHTING EXPENSE |
12,536.48
|
|
25,280.00 |
|
(12,743.52) |
-50.41% |
| METER EXPENSE |
96,467.05
|
|
104,020.00
|
|
(7,552.95) |
-7.26% |
| MISC DISTRIBUTION EXPENSE |
76,934.66
|
|
85,859.00
|
|
(8,924.34) |
-10.39% |
| METER READING LABOR & EXPENSE |
19,582.43
|
|
13,465.00 |
|
6,117.43 |
45.43% |
| ACCT & COLL LABOR & EXPENSE |
377,181.43
|
|
372,962.00
|
|
4,219.43
|
1.13% |
| UNCOLLECTIBLE ACCOUNTS |
24,999.99
|
|
24,999.00 |
|
0.99
|
0.00% |
| ENERGY AUDIT EXPENSE |
114,035.68
|
|
142,105.00
|
|
(28,069.32) |
-19.75% |
| ADMIN & GEN SALARIES |
190,652.66
|
|
191,493.00
|
|
(840.34) |
-0.44% |
| OFFICE SUPPLIES & EXPENSE |
50,825.75
|
|
53,818.00
|
|
(2,992.25) |
-5.56% |
| OUTSIDE SERVICES |
43,563.03
|
|
185,522.00
|
|
(141,958.97) |
-76.52% |
| PROPERTY INSURANCE |
81,538.26
|
|
107,373.00
|
|
(25,834.74) |
-24.06% |
| INJURIES AND DAMAGES |
15,919.42
|
|
17,589.00 |
|
(1,669.58) |
-9.49% |
| EMPLOYEES PENSIONS & BENEFITS |
240,195.54
|
|
242,990.00
|
|
(2,794.46) |
-1.15% |
| MISC GENERAL EXPENSE |
33,081.51
|
|
75,021.00
|
|
(41,939.49) |
-55.90% |
| RENT EXPENSE |
41,566.69
|
|
53,001.00
|
|
(11,434.31) |
-21.57% |
|
|
|
| TOTAL OPERATION EXPENSES |
1,782,854.17
|
|
2,040,961.00
|
|
(258,106.83) |
-12.65% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
681.24 |
|
750.00 |
|
(68.76) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
78,156.57
|
|
69,999.00
|
|
8,157.57
|
11.65% |
| MAINT OF LINES - OH |
378,474.61
|
|
339,380.00
|
|
39,094.61 |
11.52% |
| MAINT OF LINES - UG |
22,471.35
|
|
48,978.00
|
|
(26,506.65) |
-54.12% |
| MAINT OF LINE TRANSFORMERS |
8,751.04
|
|
43,750.00
|
|
(34,998.96) |
-80.00% |
| MAINT OF ST LT & SIG SYSTEM |
4.13 |
|
2,711.00 |
|
(2,706.87) |
-99.85% |
| MAINT OF GARAGE AND STOCKROOM |
106,322.85
|
|
150,800.00
|
|
(44,477.15) |
-29.49% |
| MAINT OF METERS |
0.00 |
|
8,000.00 |
|
(8,000.00) |
-100.00% |
| MAINT OF GEN PLANT |
13,993.79
|
|
35,760.00
|
|
(21,766.21) |
-60.87% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
608,855.58
|
|
700,128.00 |
|
(91,272.42) |
-13.04% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
751,575.00
|
|
759,660.00
|
|
(8,085.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
8,582,699.18 |
|
9,765,878.00
|
|
(1,183,178.82) |
-12.12% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
289,200.00
|
|
289,200.00
|
|
0.00 |
0.00% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
17,686,267.77 |
|
18,974,489.00
|
|
(1,288,221.23) |
-6.79% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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