TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
FORMULA INCOME
5/31/08
TOTAL OPERATING REVENUES       (P.3)					76,517,668.18
ADD:
	POLE RENTAL				40,973.60
	INTEREST INCOME ON CUSTOMER DEPOSITS				20,675.17
LESS:
	OPERATING EXPENSES   (P.3)				(74,611,634.89)
	BOND INTEREST EXPENSE				(60,390.00)
	CUSTOMER DEPOSIT INTEREST EXPENSE				(15,008.51)
FORMULA INCOME (LOSS)					1,892,283.55