TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING EXPENSES
5/31/08
SCHEDULE E
MONTH MONTH LAST YEAR CURRENT YEAR YTD %
OPERATION EXPENSES: LAST YEAR CURRENT YEAR TO DATE     TO DATE CHANGE
   PURCHASED POWER BASE EXPENSE 1,849,180.36 1,771,275.65 17,922,860.95 20,128,732.14 12.31%
 OPERATION SUPER AND ENGIN-TRANS 0.00 0.00 0.00 0.00 0.00%
 OPERATION SUP AND ENGINEERING EXP 26,281.66 36,117.19 248,250.58 297,451.85 19.82%
 STATION SUP LABOR AND MISC 7,434.26 6,009.57 13,904.87 89,914.57 546.64%
 LINE MISC LABOR AND EXPENSE 40,366.18 57,111.31 552,537.82 646,095.24 16.93%
 STATION LABOR AND EXPENSE 53,000.59 38,572.41 459,517.13 444,890.11 -3.18%
 STREET LIGHTING EXPENSE 2,884.88 3,277.50 49,164.65 54,226.67 10.30%
 METER EXPENSE 43,865.52 34,037.69 355,126.04 359,367.09 1.19%
 MISC DISTRIBUTION EXPENSE 30,458.48 27,935.11 302,097.98 302,438.24 0.11%
 METER READING LABOR & EXPENSE 5,330.89 4,848.73 76,726.95 61,275.09 -20.14%
 ACCT & COLL LABOR & EXPENSE 139,637.55 115,803.40 1,310,884.94 1,447,655.28 10.43%
 UNCOLLECTIBLE ACCOUNTS 6,250.00 8,333.33 68,750.00 91,666.63 33.33%
 ENERGY AUDIT EXPENSE 37,490.42 41,210.26 403,861.54 466,417.40 15.49%
 ADMIN & GEN SALARIES 74,184.09 59,864.96 672,741.81 677,958.87 0.78%
 OFFICE SUPPLIES & EXPENSE 14,690.23 21,501.54 161,837.08 219,841.11 35.84%
 OUTSIDE SERVICES 26,171.43 39,558.66 370,059.27 375,633.86 1.51%
 PROPERTY INSURANCE 27,179.41 26,282.23 296,058.45 294,487.61 -0.53%
 INJURIES AND DAMAGES 4,513.83 6,607.55 68,709.51 58,129.83 -15.40%
 EMPLOYEES PENSIONS & BENEFITS 56,944.18 89,359.39 1,013,208.06 1,047,729.11 3.41%
 MISC GENERAL EXPENSE 12,865.22 12,960.01 165,881.39 169,441.30 2.15%
 RENT EXPENSE 14,024.23 14,651.37 179,546.20 183,120.13 1.99%
   TOTAL OPERATION EXPENSES 623,573.05   644,042.21   6,768,864.27   7,287,739.99 7.67%
MAINTENANCE EXPENSES:
 MAINT OF TRANSMISSION PLANT 227.08 227.08 1,135.40 2,497.90 120.00%
 MAINT OF STRUCT AND EQUIPMT 30,935.79 29,939.58 234,634.75 302,028.65 28.72%
 MAINT OF LINES - OH 128,918.57 78,219.85 1,070,648.10 1,155,384.27 7.91%
 MAINT OF LINES - UG 12,836.16 7,503.38 166,026.65 102,675.20 -38.16%
 MAINT OF LINE TRANSFORMERS 413.74 6,868.67 136,961.63 68,387.06 -50.07%
 MAINT OF ST LT & SIG SYSTEM (18.75) (2.75) 78.71 62.46 -20.65%
 MAINT OF GARAGE AND STOCKROOM 41,799.76 55,931.96 447,471.04 458,736.10 2.52%
 MAINT OF METERS 0.00 0.00 235.05 0.00 0.00%
 MAINT OF GEN PLANT 6,999.13 (9,981.11) 94,903.16 92,332.07 -2.71%
   TOTAL MAINTENANCE EXPENSES 222,111.48 168,706.66 2,152,094.49 2,182,103.71 1.39%
   DEPRECIATION EXPENSE 242,271.62 250,525.00 2,664,987.82 2,755,775.00 3.41%
   PURCHASED POWER FUEL EXPENSE 2,055,012.53 4,383,963.50 27,421,839.38 41,210,423.05 50.28%
   VOLUNTARY PAYMENTS TO TOWNS 91,500.00 96,400.00 1,000,795.00 1,046,861.00 4.60%
TOTAL OPERATING EXPENSES 5,083,649.04 7,314,913.02 57,931,441.91 74,611,634.89 28.79%