TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
4/30/08
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 18,357,456.49 2,936,364.51 13.79%
 OPERATION SUPER AND ENGIN-TRANS PD 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP PD 295,260.00 261,334.66 33,925.34 11.49%
 STATION SUP LABOR AND MISC PD 103,930.00 83,905.00 20,025.00 19.27%
 LINE MISC LABOR AND EXPENSE PD 574,671.00 588,983.93 (14,312.93) -2.49%
 STATION LABOR AND EXPENSE PD 477,152.00 406,317.70 70,834.30 14.85%
 STREET LIGHTING EXPENSE PD 102,669.00 50,949.17 51,719.83 50.38%
 METER EXPENSE PD 422,879.00 325,329.40 97,549.60 23.07%
 MISC DISTRIBUTION EXPENSE JD 352,393.00 274,503.13 77,889.87 22.10%
 METER READING LABOR & EXPENSE PD 54,739.00 56,426.36 (1,687.36) -3.08%
 ACCT & COLL LABOR & EXPENSE RF 1,526,944.00 1,331,851.88 195,092.12 12.78%
 UNCOLLECTIBLE ACCOUNTS RF 100,000.00 83,333.30 16,666.70 16.67%
 ENERGY AUDIT EXPENSE JP 589,829.00 425,207.14 164,621.86 27.91%
 ADMIN & GEN SALARIES VC 784,840.00 618,093.91 166,746.09 21.25%
 OFFICE SUPPLIES & EXPENSE VC 215,300.00 198,339.57 16,960.43 7.88%
 OUTSIDE SERVICES VC 746,700.00 336,075.20 410,624.80 54.99%
 PROPERTY INSURANCE JD 429,500.00 268,205.38 161,294.62 37.55%
 INJURIES AND DAMAGES JD 69,016.00 51,522.28 17,493.72 25.35%
 EMPLOYEES PENSIONS & BENEFITS JD 1,153,237.00 958,369.72 194,867.28 16.90%
 MISC GENERAL EXPENSE VC 284,062.00 156,481.29 127,580.71 44.91%
 RENT EXPENSE JD 212,000.00 168,468.76 43,531.24 20.53%
  TOTAL OPERATION EXPENSES 8,495,121.00 6,643,697.78 1,851,423.22 21.79%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT PD 3,000.00 2,270.82 729.18 24.31%
 MAINT OF STRUCT AND EQUIPMT PD 302,608.00 272,089.07 30,518.93 10.09%
 MAINT OF LINES - OH PD 1,412,823.00 1,077,164.42 335,658.58 23.76%
 MAINT OF LINES - UG PD 196,015.00 95,171.82 100,843.18 51.45%
 MAINT OF LINE TRANSFORMERS PD 180,000.00 61,518.39 118,481.61 65.82%
 MAINT OF ST LT & SIG SYSTEM JD 10,984.00 65.21 10,918.79 99.41%
 MAINT OF GARAGE AND STOCKROOM JD 643,749.00 402,804.14 240,944.86 37.43%
 MAINT OF METERS PD 32,952.00 0.00 32,952.00 100.00%
 MAINT OF GEN PLANT RF 143,040.00 102,313.18 40,726.82 28.47%
   TOTAL MAINTENANCE EXPENSES 2,925,171.00 2,013,397.05 911,773.95 31.17%
   DEPRECIATION EXPENSE  RF 3,038,639.00 2,505,250.00 533,389.00 17.55%
   PURCHASED POWER FUEL EXPENSE JP 47,978,215.00 36,826,459.55 11,151,755.45 23.24%
   VOLUNTARY PAYMENTS TO TOWNS RF 1,156,841.00 950,461.00 206,380.00 17.84%
TOTAL OPERATING EXPENSES 84,887,808.00 67,296,721.87 17,591,086.13 20.72%