| TOWN OF READING, MASSACHUSETTS |
| MUNICIPAL LIGHT
DEPARTMENT |
| BUDGETED OPERATING
EXPENSE VARIANCE REPORT |
| 5/31/08 |
|
|
SCHEDULE G |
|
|
|
|
|
|
|
ACTUAL |
|
BUDGET |
|
% |
| OPERATION EXPENSES: |
YEAR TO DATE |
|
YEAR TO DATE |
|
VARIANCE * |
CHANGE |
|
| PURCHASED POWER BASE EXPENSE |
20,128,732.14 |
|
19,512,921.00
|
|
615,811.14
|
3.16% |
|
|
|
|
|
|
| OPERATION SUPER AND ENGIN-TRANS |
0.00 |
|
0.00 |
|
0.00 |
0.00% |
| OPERATION SUP AND ENGINEERING EXP |
297,451.85
|
|
262,858.00
|
|
34,593.85 |
13.16% |
| STATION SUP LABOR AND MISC |
89,914.57
|
|
93,818.00 |
|
(3,903.43) |
-4.16% |
| LINE MISC LABOR AND EXPENSE |
646,095.24
|
|
509,509.00
|
|
136,586.24
|
26.81% |
| STATION LABOR AND EXPENSE |
444,890.11
|
|
428,226.00
|
|
16,664.11 |
3.89% |
| STREET LIGHTING EXPENSE |
54,226.67
|
|
93,040.00 |
|
(38,813.33) |
-41.72% |
| METER EXPENSE |
359,367.09
|
|
382,087.00
|
|
(22,719.91) |
-5.95% |
| MISC DISTRIBUTION EXPENSE |
302,438.24
|
|
319,302.00
|
|
(16,863.76) |
-5.28% |
| METER READING LABOR & EXPENSE |
61,275.09
|
|
49,574.00 |
|
11,701.09 |
23.60% |
| ACCT & COLL LABOR & EXPENSE |
1,447,655.28
|
|
1,394,157.00
|
|
53,498.28 |
3.84% |
| UNCOLLECTIBLE ACCOUNTS |
91,666.63
|
|
91,663.00 |
|
3.63
|
0.00% |
| ENERGY AUDIT EXPENSE |
466,417.40
|
|
537,442.00
|
|
(71,024.60) |
-13.22% |
| ADMIN & GEN SALARIES |
677,958.87
|
|
707,694.00
|
|
(29,735.13) |
-4.20% |
| OFFICE SUPPLIES & EXPENSE |
219,841.11
|
|
197,391.00
|
|
22,450.11 |
11.37% |
| OUTSIDE SERVICES |
375,633.86
|
|
673,114.00
|
|
(297,480.14) |
-44.19% |
| PROPERTY INSURANCE |
294,487.61
|
|
393,701.00
|
|
(99,213.39) |
-25.20% |
| INJURIES AND DAMAGES |
58,129.83
|
|
63,293.00 |
|
(5,163.17) |
-8.16% |
| EMPLOYEES PENSIONS & BENEFITS |
1,047,729.11
|
|
1,073,030.00
|
|
(25,300.89) |
-2.36% |
| MISC GENERAL EXPENSE |
169,441.30
|
|
272,023.00
|
|
(102,581.70) |
-37.71% |
| RENT EXPENSE |
183,120.13
|
|
194,337.00
|
|
(11,216.87) |
-5.77% |
|
|
|
| TOTAL OPERATION EXPENSES |
7,287,739.99
|
|
7,736,259.00
|
|
(448,519.01) |
-5.80% |
|
|
|
|
|
|
| MAINTENANCE EXPENSES: |
|
|
|
|
|
|
| MAINT OF TRANSMISSION PLANT |
2,497.90 |
|
2,750.00 |
|
(252.10) |
-9.17% |
| MAINT OF STRUCT AND EQUIPMENT |
302,028.65
|
|
263,237.00
|
|
38,791.65 |
14.74% |
| MAINT OF LINES - OH |
1,155,384.27
|
|
1,229,394.00
|
|
(74,009.73) |
-6.02% |
| MAINT OF LINES - UG |
102,675.20
|
|
179,658.00
|
|
(76,982.80) |
-42.85% |
| MAINT OF LINE TRANSFORMERS |
68,387.06
|
|
158,750.00
|
|
(90,362.94) |
-56.92% |
| MAINT OF ST LT & SIG SYSTEM |
62.46 |
|
9,972.00 |
|
(9,909.54) |
-99.37% |
| MAINT OF GARAGE AND STOCKROOM |
458,736.10
|
|
591,009.00
|
|
(132,272.90) |
-22.38% |
| MAINT OF METERS |
0.00 |
|
29,691.00 |
|
(29,691.00) |
-100.00% |
| MAINT OF GEN PLANT |
92,332.07
|
|
131,120.00
|
|
(38,787.93) |
-29.58% |
|
|
|
| TOTAL MAINTENANCE EXPENSES |
2,182,103.71
|
|
2,595,581.00
|
|
(413,477.29) |
-15.93% |
|
|
|
|
|
|
|
|
|
DEPRECIATION EXPENSE |
2,755,775.00
|
|
2,785,420.00
|
|
(29,645.00) |
-1.06% |
|
|
|
|
|
|
| PURCHASED POWER FUEL EXPENSE |
41,210,423.05 |
|
43,240,163.00
|
|
(2,029,739.95) |
-4.69% |
|
|
|
|
|
|
| VOLUNTARY PAYMENTS TO TOWNS |
1,046,861.00
|
|
1,060,400.00
|
|
(13,539.00) |
-1.28% |
|
|
|
|
|
|
| TOTAL OPERATING EXPENSES |
74,611,634.89 |
|
76,930,744.00
|
|
(2,319,109.11) |
-3.01% |
|
|
|
|
|
|
|
|
|
|
| * ( ) = ACTUAL UNDER
BUDGET |
|
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