TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
9/30/07
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 5,671,083.84 15,622,737.16 73.37%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 64,901.28 230,358.72 78.02%
 STATION SUP LABOR AND MISC PD 103,930.00 25,442.65 78,487.35 75.52%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 144,843.94 429,827.06 74.80%
 STATION LABOR AND EXPENSE PD 477,152.00 128,585.72 348,566.28 73.05%
 STREET LIGHTING EXPENSE PD 102,669.00 12,536.48 90,132.52 87.79%
 METER EXPENSE PD 422,879.00 96,467.05 326,411.95 77.19%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 76,934.66 275,458.34 78.17%
 METER READING LABOR & EXPENSE PD 54,739.00 19,582.43 35,156.57 64.23%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 377,181.43 1,149,762.57 75.30%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 24,999.99 75,000.01 75.00%
 ENERGY AUDIT EXPENSE JP 589,829.00 114,035.68 475,793.32 80.67%
 ADMIN & GEN SALARIES VC 784,840.00 190,652.66 594,187.34 75.71%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 50,825.75 164,474.25 76.39%
 OUTSIDE SERVICES VC 746,700.00 43,563.03 703,136.97 94.17%
 PROPERTY INSURANCE JD 429,500.00 81,538.26 347,961.74 81.02%
 INJURIES AND DAMAGES JD 69,016.00 15,919.42 53,096.58 76.93%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 240,195.54 913,041.46 79.17%
 MISC GENERAL EXPENSE VC 284,062.00 33,081.51 250,980.49 88.35%
 RENT EXPENSE JD 212,000.00 41,566.69 170,433.31 80.39%
  TOTAL OPERATION EXPENSES 8,495,121.00 1,782,854.17 6,712,266.83 79.01%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 681.24 2,318.76 77.29%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 78,156.57 224,451.43 74.17%
 MAINT OF LINES - OH PD 1,412,823.00 378,474.61 1,034,348.39 73.21%
 MAINT OF LINES - UG PD 196,015.00 22,471.35 173,543.65 88.54%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 8,751.04 171,248.96 95.14%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 4.13 10,979.87 99.96%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 106,322.85 537,426.15 83.48%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 13,993.79 129,046.21 90.22%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 608,855.58 2,316,315.42 79.19%
   DEPRECIATION EXPENSE  RF 3,038,639.00 751,575.00 2,287,064.00 75.27%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 8,582,699.18 39,395,515.82 82.11%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 289,200.00 867,641.00 75.00%
TOTAL OPERATING EXPENSES 84,887,808.00 17,686,267.77 67,201,540.23 79.17%