| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 4/30/08 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
18,357,456.49 |
|
17,803,155.00
|
|
554,301.49
|
3.11% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
261,334.66
|
|
239,919.00
|
|
21,415.66 |
8.93% |
| STATION SUP LABOR AND MISC |
83,905.00 |
|
85,642.00 |
|
(1,737.00) |
-2.03% |
| LINE MISC LABOR AND EXPENSE |
588,983.93
|
|
469,813.00
|
|
119,170.93 |
25.37% |
| STATION LABOR AND EXPENSE |
406,317.70
|
|
392,174.00
|
|
14,143.70 |
3.61% |
| STREET LIGHTING EXPENSE |
50,949.17
|
|
85,073.00 |
|
(34,123.83) |
-40.11% |
| METER EXPENSE |
325,329.40
|
|
350,124.00
|
|
(24,794.60) |
-7.08% |
| MISC DISTRIBUTION EXPENSE |
274,503.13
|
|
291,573.00
|
|
(17,069.87) |
-5.85% |
| METER READING LABOR & EXPENSE |
56,426.36
|
|
45,251.00 |
|
11,175.36 |
24.70% |
| ACCT & COLL LABOR & EXPENSE |
1,331,851.88
|
|
1,282,278.00
|
|
49,573.88
|
3.87% |
| UNCOLLECTIBLE ACCOUNTS |
83,333.30
|
|
83,330.00 |
|
3.30
|
0.00% |
| ENERGY AUDIT EXPENSE |
425,207.14
|
|
496,409.00
|
|
(71,201.86) |
-14.34% |
| ADMIN & GEN SALARIES |
618,093.91
|
|
646,796.00
|
|
(28,702.09) |
-4.44% |
| OFFICE SUPPLIES & EXPENSE |
198,339.57
|
|
179,510.00
|
|
18,829.57 |
10.49% |
| OUTSIDE SERVICES |
336,075.20
|
|
635,540.00
|
|
(299,464.80) |
-47.12% |
| PROPERTY INSURANCE |
268,205.38
|
|
357,910.00
|
|
(89,704.62) |
-25.06% |
| INJURIES AND DAMAGES |
51,522.28
|
|
57,580.00 |
|
(6,057.72) |
-10.52% |
| EMPLOYEES PENSIONS & BENEFITS |
958,369.72
|
|
992,800.00
|
|
(34,430.28) |
-3.47% |
| MISC GENERAL EXPENSE |
156,481.29
|
|
257,315.00
|
|
(100,833.71) |
-39.19% |
| RENT EXPENSE |
168,468.76
|
|
176,670.00
|
|
(8,201.24) |
-4.64% |
|
|
|
| TOTAL OPERATION EXPENSES |
6,643,697.78
|
|
7,125,707.00
|
|
(482,009.22) |
-6.76% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
2,270.82
|
|
2,500.00 |
|
(229.18) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
272,089.07
|
|
242,609.00
|
|
29,480.07 |
12.15% |
| MAINT OF LINES - OH |
1,077,164.42
|
|
1,130,229.00
|
|
(53,064.58) |
-4.70% |
| MAINT OF LINES - UG |
95,171.82
|
|
163,416.00
|
|
(68,244.18) |
-41.76% |
| MAINT OF LINE TRANSFORMERS |
61,518.39
|
|
146,250.00
|
|
(84,731.61) |
-57.94% |
| MAINT OF ST LT & SIG SYSTEM |
65.21 |
|
9,107.00 |
|
(9,041.79) |
-99.28% |
| MAINT OF GARAGE AND STOCKROOM |
402,804.14
|
|
538,977.00
|
|
(136,172.86) |
-25.27% |
| MAINT OF METERS |
0.00 |
|
27,120.00 |
|
(27,120.00) |
-100.00% |
| MAINT OF GEN PLANT |
102,313.18
|
|
119,200.00
|
|
(16,886.82) |
-14.17% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
2,013,397.05
|
|
2,379,408.00
|
|
(366,010.95) |
-15.38% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,505,250.00
|
|
2,532,200.00
|
|
(26,950.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
36,826,459.55 |
|
39,195,780.00
|
|
(2,369,320.45) |
-6.04% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
950,461.00
|
|
964,000.00
|
|
(13,539.00) |
-1.40% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
67,296,721.87 |
|
70,000,250.00
|
|
(2,703,528.13) |
-3.86% |
|
|
|
|
|
|
|
|
|
|
| * ( )
= ACTUAL UNDER BUDGET |
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