HomeMy WebLinkAbout2010-10-13 Finance Committee PacketFinance Committee - Agenda
October 13, 2010
Town Hall Conference Room
7:30 -
Call to Order
7:30 -
RMLD Presentation
(15 min)
7:45 -
Budget Planning-
(15 min)
® FinCom Guidance
® Budget Process Discussion
8:00
- Financial Forums
(30 min)
® Forum I - Revenue•Opportunities
• Criteria for Consideration
® Next Steps / Follow up
® Forum II - Expenses - Planning / Discussion
8:30
- Town Meeting Warrant
(30 min)
® Review Finance Related Questions
® Vote FinCom Position
® Assign Reports
9:00
- FinCom Position on Question 3
(10 min)
.9: 10
- Miscellaneous
(15 min)
® Special Election Expense
® Free Cash
® Liaison Assignments
® Approve Minutes, 8/4/10 & 9/15/10
® 10/23 Assoc. of Town FinCom - Franklin
9:30 - Close
Budizet Calendar:
Oct 27 Financial Forum II - Expenses & Budget Guidance
Jan 24 Financial Forum III - State Aid Updates & Capital
March 2, 9, 16, 23, 30 FinCom Budget Review
April 25 Town Meeting
Future Topics:
Town Business Recovery Strategy
Performance Contracting Progress'/ Returns vs. Estimates
Page 1 of 1
LeLacheur, Bob
From: Donnelly Moran Family [donnellymo@gmail.com]
Sent: Saturday, October 09, 2010 7:14 AM
To: Finance
Subject: Fincom Revenue Enhancement Suggestions
Hi Bob,
I apologize for not submitting these suggestions before the meeting last month but I have two suggestions of
ways to increase town revenue. Please forward these suggestions to the appropriate person in Fincom.
The first idea is to assess to property owners a road improvement tax of a modest amount such as $4 per foot
of frontage for between seven to ten years when a road is rebuilt. I believe that the amount charged of $400 per
year for a home with 100' feet of frontage would'be a very acceptable amount to most residents and it would
help increase slightly the amount of paving we could do. I live on a side street that is in terrible condition but is
unlikely to be repaved in the next ten years since it will always be ranked low since it only receives local traffic.
I think most families would also be willing to pay a modest amount of money to have their road repaved since
so many roads are in deplorable condition.
The second suggestion is to charge either a tax or betterment charge when the town installs granite curbing.
We don't install curbing often but our money would go farther if people who have their property improved with
granite curbing paid a portion of the cost. Though we don't do much curbing it would definitely be worth
exploring if the town has to pay for a portion of the road improvements when West Street is rebuilt in the fdture
with state assistance.
Thanks for seeking suggestions,
Charles Donnelly Moran
10/13/2010
9/22/2010 Revenue Enhancement Ideas from Reading Financial Forum September 15, 2010
Bucketed List Evaluation Criteria
Opp Cost /
Being Ease to Implement Ongoing Community Unintened Who Should
Ideas That Received Votes Votes Done Revenue Implement Cost Cost Impact Consequences Carry Forwarc
FinCom Next
ONE TIME REVENUE
Sale of Town Land (Oakland Rd-last big parcel}
25
High
Medium None
TBD
Varies by lot Selectman
ONGOING REVENUE
1 School and Town Land: Opportunities
49
Cell Towers
20
Yes Medium
Low,Medium
TBD
TMgr/Selectman
Advertising/Billboards
15
Yes
Medium
TBD
Selectman/SC
Wind/Solar Power Generation and Sell Back
9
No
RMLD
Sell Timber in Town Forest
5
Yes
DPW/Town Forest Committee
2 School and Town Facilities: Opportunities
24
Rental of existing space
15
Yes
Low
Low
Selectman/SC
Naming Rights
9
No
Selectman/SC
3 Fees: Introduce New Ones
18
"
Selectman
Pay as You Throw Trash Fee
6
-
No
Preferred Parking Fees at RMHS
6
No
Schools
Billing At Fault Accidents
5
No
Public Safety
Wireless air rights billing
1
No
4 Economic Development
17
Low-Medium
Positive
Town Economic Development/PR
12
Yes
Selectman
Tax Incentives for New Business
5
No
Selectman
5 New Initiatives
16
TBD
TBD
Selectman/SC
Grant Writers to Bring in
5
No
Endowed Positions at Schools
5
No
Schools
Road Races Program
3
No
Recreation
Selectman
Reading Branded Credit Card
2
No
Remove state gas tax on Town
1
No
Legislators
rs
6 Fees: Increase existing
12,
Low-Medium
TBD
Parking Fee at Depot
10
Yes
Selectman
Raise Parking Tickets & Fines / Parking Meters
1
Yes
Selectman
Increase RMLD annual in lieu of Tax Payment
1
Yes
Selectman
Increase Ice Arena Payments
0
Yes
Selectman
7 Gifts/Donations/Sponsorships
12
Low
TBD
Sponsoring Town Trees, Benches, Lights, etc.
7
Yes
Selectman
Focused Approach for Gifts/donations
5
No
Selectman/SC
8 Expand Service Offerings
6
Low-Medium
TBD
Offer Ambulance Services to other Towns
6
No
Selectman
Total Votes
179
Financial Forum H (Expenses) -Agenda
October 27, 2010
Senior Center
7:00 - Call to Order
Marsie
7:10 - Financial Forum I (Revenue) Recap
Marsie
• Top Opportunities Identified
• Next Steps / Follow up
7:25 - Town Expenses
Bob
• Primary Services Provided
• Accommodated Costs
• Salaries vs. Expenses
• Notable Historic Trends
• Expense Reduction Initiatives Explored
7:45 - School Expenses
Mary
• Primary Services Provided
• Accommodated Costs
• Salaries vs. Expenses
• Notable Historic Trends
• Expense Reduction Initiatives Explored
8:00 - Brainstorming Session - Potential Expense Reductions
Mark
8:30 - Debrief & Identify Top Opportunities
Mark
8:50 - Summary & Next Steps
Marsie
9:00 - Close
Marsie
Budget Calendar:
Oct 27 Financial Forum II - Expenses & Budget Guidance
Jan 24 Financial Forum III - State Aid Updates & Capital
March 2, 9, 16, 23, 30 FinCom Budget Review
April 25 Town Meeting
0q
DRAFT
November S. 2010 Subsequent Town Meeting
WARRANT OUTLINE 10/11/2010
Art, Mover/ Moderator
# Article Description Sponsor Comment Notes
1 Reports Board of Selectmen ♦ State of the Schools Recognition of
♦ RMLD George Theophanis
♦ Report on instructional
motion re church snow
plowing
♦ Report of the ahMBC.
Table
4
Amend FY 2011 Budget
FINCOM
5
rior years bills
Payment of
i
Board of Selectmen
EN
6
p
Dis osal of tangible pro erty
i i
Board of Selectmen
® Police van, Expedition
-=3
IN
7
Debt Authorization = water
Board of Selectmen
L
im rovement loan program
8
Authorizing the Town to apply for
7
Library Board of
Report on the proposed
-Aa - P2 arlintr Uii'ki;n T il~rar,T r~rniart
T, ~,etaac
library project
12 Acceptance of drainage easements - Board of Selectmen ♦
Benjamin Lane
13 Home Rule petition re additional Board of Selectmen
package store license for Downtown
2/3 vote
2/3 vote
2/3 vote
Counted Vote
Gs
1.4
Bylaw Amendment re eliminating
Rules Committee
•
Precinct chairman term limits
15
Amend Charter to eliminate Land Bank
Board of Selectmen
s
Committee
16
Charter Amendment re referendum
Board of 'Selectmen
+
procedures
17
Approving a contract for greater than 3
Reading Municipal
years
NEON=
Light Board
18
Zoning - amendments to sign
CPDC
•
regulations - side yard setbacks on
freestanding signs in Business A zoning
district
NIONMENNEM
19
Zoning - amendments to sign
CPDC
•
regulations - free standing signs in
Business B zoning district
20
Zoning - amendments to sign
CPDC
regulations - Exempt Signs in Business
A and Business B zoning districts
21
Zoning - amendments to sign
CPDC
• o
regulations - second sign permitted in
single tenant buildings Business A
zoning district
22
Zoning - correction to Section 6.3
CPDC
• Typo
Nonconforming
•
2/3 vote
2/3 vote
2/3 vote
2/3 vote.
0
Bylaw Committee Report: No report.
ALE To' see if the Town will vote to amend the FY 2011 - FY 2020, Capital
ye.~ents Program as provided for in Section 7-7 of the Reading Home Rule Charter, or take any
action with respect thereto.
Board of Selectmen
Background: The following amendments are proposed to the FY 2011-FY 2020 Capital Improvements
Program (CIP). These amendments need to be included in the CIP in order for Town Meeting to
consider funding them under the various Articles at Town Meeting. The full revised CIP is included in
the blue pages in the back of this report.
The following are proposed modifications to the CIP previously approved at the Annual Town
Meeting in April 2010:
Finance Committee Report:
Bylaw Committee Report: No report.
RTICLE 4 To see if the Town will vote to amend one or more of the votes taken under Article
of the A 1I 26, 2010 Annual Town Meeting relating to the Fiscal Year 2011 Municipal Budget; and
se sum 'the Town will raise by borrowing or transfer from available funds, or otherwise, and
appropriate as the result of any such amended votes for the operation of the Town and its government,
or take any other action with respect thereto.
Finance Committee
Background:
General Fund
Account Line
Description
Decrease
Increase
FINCOM Vote
G92
Town Administration - Expenses
• Postage
$ 8,000
• Printing & paper
$ 2,000
192
Finance - Expenses
• Postage
$ 8,000
• Printing & paper
$ 2,000
• Mass Communications
$12
000
System . Public Safety)
,
K91
Community services - Wages
2/3 TM vote
• Sick leave buyback
$ 4,470
K92
Community services - Expenses
• Veteran's Benefits
$25,000
3
2010 Subsequent Town Meeting Warrant Report
L91
Library -Wages
2/3 TM vote
• Sick leave buyback
$ 5,145
Subtotals
$10,000
$56,615
Net Operating Expense
$46,615
From Town Sick[Vacation
$ 9,615
Stabilization Fund
From Free Cash
$37,000
Net Change in Revenues
$50,000
• Federal Aid - $350;000
• Fed. Medicaid - $330,000
• Local charges - $150,000
• Smart Growth + $350,000
• New Growth + $150,000
• Local Meals tax + $140,000
• State Aid + $105,000
• Reading Ice AA + $35,000
From Free Cash
$50,000
Enterprise Funds
Account Line
Description
Decrease
Increase
FINCOM Vote
W99
Water
• Reduce by overhead already
$377,367
voted in General Fund
budgets; new total for line
W99 is $5,055,924 of which
$225,000 is from Water
Reserves and the balance
from property taxes, State
aid and non-property tax
local receipts
X99
Sewer
• Reduce by overhead already
voted in General Fund
$2591004
budgets; nevtotal for line
W99 is $5,153,719 of which
$100,000 is from Sewer
Reserves and the balance
from property taxes, State
aid and non-property tax
local receipts
Subtotals
$636,371
$0
4
2010 Subsequent Town Meeting Warrant Report
Finance Committee Report:
Bylaw Committee Report: No report.
ARTICLE To see if the Town will vote to authorize the payment during Fiscal Year 2011 of
ills re Wing unpaid for previous fiscal years for goods and services actually rendered to the Town, or
to ny other action with respect thereto.
Board of Selectmen
Background: There is one known bill from a prior year. Approval of payment of that bill will take a
9/10 vote of Town Meeting. An engineering bill for $190 was thought to be a duplicate bill, but two
service calls had been performed.
Finance Committee Report:
Bylaw Committee Report: No report.
ARTICLE To see if the Town will Vote to. authorize the Board of Selectmen to sell, or
e h e, or dispose of, upon such terms and conditions as they may determine, various items of Town
tangible property, or take any other action with respect thereto..
Board of Selectmen
Background: The following list of tangible property with a value in excess of $5,000 is proposed for
disposition under this Article. Between now and Town Meeting, there may be additional items added to
the list.
♦ Police-1996 Ford Econoline 250 Van
Police -1998 Ford Expedition
♦ Police -1999 Ford Taurus
Finance Committee Report:
Bylaw Committee Report: No report.
ARTICLE 7 To see what sum the Town will raise by borrowing pursuant to G.L. Chapter 44,
§7 and 8 transfer from available funds, or otherwise, and appropriate for the purpose of reconstructing
at ! stems, including the costs of engineering services, plans, documents, cost estimates, bidding
services and all related expenses incidental thereto and necessary in connection therewith, said sum to
be spent under the direction of the Town Manager; and to see if the Town will authorize the Town
Manager, the Board of Selectmen, or any other agency of the Town to apply for a grant or loans to be
used to defray all or any part of said water construction and/or reconstruction and related matters; and to
5
2010 Subsequent Town Meeting Warrant Report
see if the Town will vote to authorize the Town Manager to enter into any or all agreements as may be
necessary to carry out the, purposes of this Article; and to see if the Town will authorize the Town
Manager, the Board of Selectmen, or any other agency of the Town to apply for a non-interest bearing
loan from the Massachusetts Water Resources Authority; and to authorize the Treasurer-Collector, with
the approval of the Board of Selectmen, to borrow pursuant to said loan, or take any other action. with
respect thereto.
Board of Selectmen
Background: The Massachusetts Water Resources Authority offers two assistance programs that
provide financial assistance to member MWRA communities to perform water rehabilitation projects. The
first is the Local. Pipeline Assistance Program (LPAP) which provides interest free loans to member
communities to rehabilitate water pipelines and improve local water quality conditions. This loan
program is scheduled to terminate in FY13, and the Town's allocation under the LPAP Program is
$1,916,000.
The second program is the Local Water System Assistance Program (LWSAP) which provides
interest free loans to member communities to rehabilitate water pipelines, improve local water quality
conditions, and upgrade local water systems. This is a new program which will provide assistance from
FY11 to FY20. The Town's allocation under the LPAP Program is limited to $500,000 annually with a
total allocation of $4,146,000 over the 10 year period.
Under each program, the interest free loan is required to be paid back to the MWRA in equal
installments over a 10 year period beginning one year after the distribution of the funds for approved
projects.
Acceptance of the interest free loan offers will enable the Town to continue with its water
distribution system improvement projects with reduced capitol expenditures: The use of the loan
programs also enables the Town to combine projects, and achieve reduced construction costs resulting
from the economy of scale of projects.
The Town has been making strides to upgrade and rehabilitate the Town's water distribution
system. These upgrades help to address poor fire flows, water quality, and pressure loss due to
undersized or deteriorated mains. In a 2001 study performed for the Town by Weston and Sampson
Engineering, the Haverhill Street at Batchelder Road area was found to have deficient fire flows,
providing only 27% of the recommend fire flows. The construction of a new transmission main in
Haverhill Street is part of the Town's Water Distribution Master Plan, and will greatly improve the flows in
this area increasing them to the recommend levels.
The upgrades to the water distribution system that have been performed by the Town in recent
years were not considered as eligible projects under the MWRA Program. The new Haverhill Street
transmission main is eligible for the MWRA Loan Program, and consists of the replacing the existing
water main from Wakefield Street to Batchelder. Road with' a new cement lined ductile iron pipe
approximately 7,500 feet long with an estimated cost of $2.285M.
Finance Committee Report:.
Bylaw Committee Report: No report.
ARTICLE 8 To see if the Town will vote to authorize the Library Trustees of the Reading
Public Li ry and/or the Board of Selectmen to apply for, accept and expend any State grants which
6
2010 Subsequent Town Meeting Warrant Report
may be available for the project; and to authorize the Library Building Committee and/or the Board of
Selectmen and/or Library Trustees to apply for any State funds which might be available to defray all or
part of the cost of the design, construction and equipping of the Library project; and to authorize the
Library Building Committee and/or the Board of Selectmen and/or Library Trustees to accept and
expend any such funds when received without further appropriation.
Board of Library Trustees
Background: In January, 2010, the Massachusetts Board of Library Commissioners issued an
announcement of major changes to the Public Library Construction Regulations, which increase the
average grant award for eligible projects to an average of 50%. Further changes encourage sustainable
construction and energy-efficient systems and construction.
"Funding for the Massachusetts Public Library Construction Program was authorized by
Governor Deval Patrick and the Legislature in the General Governmental Bonds Bill in 2008. The
program was first funded by a State bond authorization in 1987. As of January 2010, 290 grants totaling
over $304 million have been awarded. Of these, 209,have been for construction, addition/renov`ation or
special projects."
For more information, please visit: http://www.mass.gov/mblc/qrants/construction/index.php
Town Meeting (April 2010) approved $85,000 in funding to engage professional services to
develop a building program to update and expand the Reading Public Library for the future, and to meet
an accelerated timeline to apply for a State construction grant. The Reading Public Library Building
Program Study is currently underway. A Building Programmer, Owners Project Manager, and an
architect have been hired as required by the Massachusetts Board of Library Commissioners in order for
the project to be grant eligible.
This Article is requesting Town Meeting approval to apply for a State construction grant in
January 201.1 based on the results of the current Building Program Study. This Article is NOT
requesting funding.
Finance Committee Report:
Bylaw Committee Report: No report.
Board of Library Trustees Report:
ARTICLE To see what sum the Town will raise by borrowing or transfer from available
unds, o therwise, and. appropriate for the purpose of making improvements including but not limited to
re ring and/or replacing roofs and/or windows at the Killam School and/or Birch Meadow School,
including the costs of consulting services, audits, plans, documents, cost 'estimates, bidding services,
and all related expenses incidental thereto and necessary in connection therewith, said sum to be
expended by and under the direction of the School Committee and/or the Superintendent of Schools;
and to see if the Town will authorize the School Committee, Board of Selectmen, Superintendent of
Schools, Town Manager, or any other agency of the Town, to apply for a grant from the Massachusetts
School Building Authority or any other source of funding, to be used to defray the cost of all, or any part
of such improvements; and to authorize the School Committee and/or the Superintendent of Schools
and/or the Town Manager to enter into any and all contracts and agreements as may be necessary to
carry out the purposes of this Article, or take any other action with respect thereto.
2010 Subsequent Town Meeting Warrant Report
~1
School Committee
Background: In August of 2010, the Massachusetts School Building Authority announced a new
funding program entitled the Green Repair Program. This program is intended to assist in funding the
repair or replacement of roofs, windows and/or boilers in public school facilities that are otherwise
structurally, functionally and educationally sound except for the condition of their roof, windows and/or
boilers. School districts interested in accessing the funding were required to submit Statements of
Interest between August 11 and September 22, 2010.
Over the past several years, the School Department has included in their school building facilities
ten-year capital plan, capital projects for the replacement of windows at both the Killam and Birch
Meadow Elementary Schools as well as for a total roof replacement at the Killam Elementary School.
Given the funding targets for the MSBA's Green Repair Program, the Reading School Committee and
the Reading Board of Selectmen both authorized the submission of Statements of Interest for these
projects at each of these schools per program requirements. These Statements of Interest were filed
with MSBA on September 16, 2010.
The MSBA has already defined the reimbursement rates for each school district in the
Commonwealth. For Reading, the defined rate is 47.21 Thus, if the Town were to be invited into the
program, we could potentially be reimbursed in the amount of $0.4721 for each dollar spent. The MSBA
Board is expected to vote in November or December on the recommendation of MSBA staff on who to
invite into the program. If a district is invited to participate in the program, they must be able to
demonstrate that they have raised the entire funding amount for the submitted. projects in order to
execute a Project Funding Agreement. Once the Project Funding Agreement is executed, the district
can begin submitting for reimbursement immediately.
The anticipated combined cost of the two projects, including feasibility studies, project
management, design and construction, is on the order of $1.9 million. We are requesting authorization
to appropriate up to $2.0 million to allow for unforeseen contingencies. Our intent is to not appropriate
the funds or proceed with any work on these two projects during this fiscal year unless a Project Funding
Agreement with the MSBA is executed.
The MSBA has reported that the total funding available for this statewide program is about $300
million and that the source is federal funding. The. Green Repair Program requires that districts
receiving the funding commit to expend funds by December 30, 2011 per flow-down requirements from
the federal government. This is the reason for the accelerated timeline, and the need for this vote prior
to receiving final approval and invitation into the program.
Finance Committee Report:
Bylaw Committee Report: No report.
School Committee Report:
ARTICLE 10 To see if the Town will vote to transfer the care, custody, management and control
of certain parcels of land, more or less located on Birch Meadow Drive and Oakland Road, and shown
2010 Subsequent Town Meeting Warrant Report
D7_1
on a plan entitled "Plan of Land Birch Meadow Drive, owned by the Town of Reading, Scale V=40',
Date:. September 30., 2010, prepared by Town of Reading Engineering Division" said plan being on file in
the Town of Reading Engineering Division, from the Reading School Committee for school purposes, to
the Board of Selectmen for roadway layout purposes; and to vote to transfer the care, custody,
management and control of certain parcels of land as shown on the above plan from the Board of
Selectmen for municipal purposes, to the Reading School Committee for school purposes, or take any
other action with respect thereto. '
Board of Selectmen
Background:
Finance Committee Report: No report.
Bylaw Committee Report: No report.
RTICLE 11 To see if the Town will vote to accept the following roads as public ways pursuant
o M.G.L .82, in accordance with the layouts adopted by the Board of Selectmen and on file with the
O ' of the Town Clerk: Benjamin Lane, the entire length from Avon Street northerly for approximately
343 feet; Kylie Drive, the entire length from Wakefield Street southerly for approximately 432 feet;
Causeway Road from the end of the existing public way southeasterly approximately 950 feet; and to
authorize the Board of Selectmen to accept deeds of easement and for: the fee in said roads; and to
authorize the Board of Selectmen to purchase, or take such ways in fee or rights of easement. by
eminent domain under the provisions of M.G.L. c.79, or to acquire said lands in fee or rights of
easement therein by purchase, gift or otherwise, and to assess betterments therefore pursuant to M.G.L.
c.80 or Chapter 80A; and to see what sum the Town will raise by borrowing, or from the tax levy or
transfer from available funds, or otherwise, and appropriate for the acquisition of said lands or
easements therein or for payment of any eminent domain damages and for the construction of said
ways, or take any other action with respect thereto.
Board of Selectmen
Background: Benjamin Lane and Kylie Drive are new streets that are ready to be accepted as public
streets. All construction has been completed and all bonds have been released except for a $1000
bond being held to secure the transfer of drainage easements within the Benjamin Lane subdivision.
Causeway Road is a ,private way which is being requested to be accepted as a public way by the
residents. The roadway will be improved under the provision of law authorizing the assessment of
betterments, and be laid out in accordance with plans duly approved by.the Board of Selectmen. The
Selectmen held a public hearing on the assessment of betterments for the roadway improvements on
October 5, 2010.
The Board of Selectmen will hold public hearings for the acceptance of each street on October
26, 2010.
Engineering plans, with metes and bounds description of the streets, are available for public
examination in the office of the Town Clerk and the Engineering Division.
2010 Subsequent Town Meeting Warrant Report
I I ~
b
' +
'w PM11141N Q
.`4 .r.=n•u- eSMIUM LANE
/A -
r
.+~.i~.-__ I Nri1E OflhE.ux
Finance Committee Report:
Bylaw Committee Report: No report.
ARTICLE 12 To see if the Town will vote to authorize the Board of Selectmen to accept the
conveyance of permanent drainage easements in Reading, Middlesex County, MA located on Lot 2 and
Lot 3 of Benjamin Lane which easements are shown on a plan entitled: Benjamin Lane Definitive
Subdivision - Property Rights Plan of Land, Reading, Massachusetts, prepared by Sullivan Engineering
10
2010 Subsequent Town Meeting Warrant Report
' i~4
Page 1 of 2
LeLacheur, Bob
From: LeLacheur, Bob
Sent: Monday, September 27, 2010 5:31 PM
To: Barry Berman(w); Bryan Walsh(h); David Greenfield(w); Frank Fardy(h); George Hines(h); Hal Torman(w);
Kevin Leyne(h); Mark Dockser(h); Marsie West(w)
Cc: Hechenbleikner, Peter; Qdoherty@reading.k12.ma.us); LaPointe, Gail; 'DeLai, Mary'
Subject: Question 3 - impact on Reading
READING
Chapter 70 $10,129,688 in
reduce by $1,155,164
Ge.nl Govt $2,742,082
reduce by $312,700
A simulation of the possible impact of Question 3, conducted by the state budget office, projects that Chapter
70 education aid would be cut by ,$464 million. The main municipal aid account (Unrestricted General .
Government Aid) would be cut by $103 million due to the sales tax cut, according to the simulation. Other key
accounts, including PILOT, the special education circuit breaker, regional school transportation funding and
library aid could be cut by tens of millions more. The simulation uses some simple assumptions about how state
policymakers might allocate the loss of more than $2.5 billion in state tax revenue next year. It does not reflect
any decisions or plans that have already been made and does not include alternative approaches that the
governor and Legislature mightpropose. The simulation assumes that proportional cuts would be made to all
state budget accounts, except where cuts would run into conflict with legal obligations and in a few other
limited circumstances. Debt service would not be cut, for example.
So we would lose about $1.5 million in state/local aid (in addition to losing temporary federal aid) according to
this analysis.
PLEASE DO NOT DISCUSS THIS IN EMAIL.
Thanks,
Bob
Bob LeLacheur
Assistant Town Manager/Finance Director
Town of Reading
16 Lowell Street
Reading, MA 01867
(P) 781-942-6636
(F) 781-942-9037
Please note new Town Hall Hours effective June 7, 2010:
Monday, Wednesday and Thursday: 7:30 a.m - 5:30 p.m.
Tuesday: 7:30.a.m. - 7:00 p.m.
Friday: CLOSED
web www.readingma.gov
email finance@ci.reading.ma.us
Please let us' know how we are doing - fill out our brief customer service survey at http://readingma-
10/11/2010
News Release
333 WASHINGTON STREET
BOSTON, MA 02108-5170
617-720-1000
FAx 617-720-0799
For Immediate Release
September 22, 2010
MTF Report on Question 3: Heading Over the Cliff
Voter approval of Question 3 would result in across-the-.board cuts of approximately 30 percent
in virtually all state programs, including local aid, higher education, human services, prisons,
courts, environmental protection, and state parks and beaches, according to a report released
today by the Massachusetts Taxpayers Foundation.
The MTF report, Question 3: Heading Over the Cliff, concludes that if Question 3 passes, state
leaders would face a $4.5 billion dollar shortfall in the fiscal 2012 budget - an already existing
structural deficit of at least $2 billion plus $2.5 billion of reduced tax revenues by cutting the
sales tax from 6.25 percent to 3 percent. Because almost half of the state's $32 billion budget is
spending that is legally required, the $4.5 billion in reductions must be spread over the remaining
$16.9 billion of "discretionary" spending, which would require across-the-board cuts of 28.4
percent. State programs have already been cut by more than $2 billion since the fiscal crisis
began in 2009.
In addition, since the tax cut would take effect on January 1, 2011, the state would have to deal
with the loss of approximately $l billion in sales tax revenues in fiscal 2011, requiring large
mid-year cuts across state government.
"It is not an exaggeration to say that the resulting massive spending cuts would eliminate or
erode a wide range of services - from education and public safety to health care and human
services - that for decades the citizens of Massachusetts have counted on the government to
provide," the report said.
The report concludes that the cuts in local aid would result in thousands of layoffs of municipal
employees, chiefly teachers, police and fire, decimating the core services of education and public
safety and. falling most severely on cities and poorer communities that depend so heavily on state
aid.
Since state aid and property taxes are far and away the two major sources of municipal revenues,
the cuts in state aid would inevitably lead to higher property taxes in many communities. This
would put an added burden on many lower and middle income taxpayers.
Similarly, for the 270,000 students attending the University of Massachusetts and the 24 state
and community colleges, the cuts in higher education would result in sharp increases in tuition
and fees, as well as fewer course offerings, reduced faculty time and other elements of a quality
education.
CV)
The report also points out that even with last year's increase in the sales tax from 5 percent to
6.25 percent, Massachusetts still ranks in the bottom group of states in terms of sales tax burden.
Of the 45 states with a broad-based sales tax, Massachusetts ranks 43rd in revenues collected per
$1,000 of income and 35th per capita. Massachusetts has a very narrow base on which sales
taxes are collected (e.g. exempting food, clothing up to $175, and services), which is the
principal explanation for its low ranking even with a rate of 6.25 percent.
The Massachusetts Taxpayers Foundation is nationally recognized, nonprofit organization that
conducts research on state and local taxes, government spending, and the economy. Founded in
1932, the Foundation has won numerous prestigious national awards over the last decade for its
work on transportation reform; business costs, capital spending, state finances, MBTA
restructuring, state government reform, and health care.
n
Question 3:
Heading Over the Cliff
SEPTEMBER 2010
m
The Massachusetts Taxpayers Foundation is a nationally recognized, nonprofit research
organization whose purpose.is to promote the most effective use of tax dollars, improve the
operations of state and local governments, and foster positive economic policies. Our credibility
is based upon independent, objective and accurate analysis of state and local spending, taxes and
the economy. Over the past decade the Foundation has won fourteen national awards for our
work on transportation reform, business costs, capital spending, state finances, META
restructuring, state government reform, and health care.
Massachusetts Taxpayers Foundation
333 Washington Street, Suite 853
Boston, MA 02108-5170
617-720-1000 Fax: 617-720-0799
Email: mtf_info@masstaxpayers.org
Website: www.masstaxpayers.org
1`~
Question 3:
Heading Over the Cliff
MASSACHUSETTS TAXPAYERS FOUNDATION
SEPTEMBER 2010
9)
QUESTION 3:
HEADING OVER THE CLIFF
Table of Contents
INTRODUCTION 1
1. FISCAL CONTEXT 1
Revenue Collapse 1
Spending Realities
2
Fiscal 2012 Deficit
4
End Of One-Time Funds
5
Obligatory Spending Growth
6
Revenue Growth
6
Il. IMPACT OF QUESTION 3
7
Huge Budget Gap If Question 3 Approved
7
Obligatory Spending 8
Impact on "Discretionary, Spending 9
CONCLUSION 13
-it
QUESTION 3:
HEADING OVER THE CLIFF
INTRODUCTION.
In the midst of the worst fiscal crisis in the state's history, on November 2 the voters of
Massachusetts will determine the fate of a ballot question (Question 3) to reduce the state's sales tax
from 6.25 percent to 3 percent. The state already faces a $2 billion shortfall in the fiscal 2012
budget, which would jump to $4.5 billion if the voters approve Question 3. It is not an exaggeration
to say that the resulting massive spending cuts would eliminate or erode a wide range of services -
from education and public safety to health care and human services - that for decades the citizens of
Massachusetts have counted on the government to provide.
The purpose of this report is to describe the potential impact of Question 3. The report is divided
into two sections - the current fiscal environment and the consequences of approving the ballot
question.
1. FISCAL CONTEXT
Revenue Collapse
Between fiscal 2008 and 2010, the Commonwealth experienced the most severe two-year decline in
tax collections in the state's history with baseline tax revenues' dropping by $3:24 billion, or nearly
16 percent, from $20.9 billion to $17.6 billion (Figure 1). Even when one accounts for last year's
increase in the sales tax from 5 percent to 6.25 percent, 2010 tax revenues of $18.54 billion were
$2.35 billion, or 11 percent, less than 2008.
The fiscal 2011 consensus
forecast of $19.1 billion
reflects an increase of $540
million over fiscal 2010
revenues. After accounting
for additional sales tax
collections of $180 million
(for a full 12 months
compared to 10 months in
fiscal 2010), the projected
growth of $360 million or 2
percent appears to be
conservative. However,
August revenues were
Figure I - Dramatic Decline in State Tax Revenues
22
000
Total Revenues
21
402
,
,
21,000
20,000
c
19,000
18,539
18,000
17,000
16,000
15,000
FY 2008
FY 2009 FY 2010 Est.
FY 2011
Forecast
Baseline E Original Consensus Forecast ❑Sales Taxincrease
' Baseline revenues reflect collections as.if tax laws were unchanged, providing a more accurate measure of year-to-
year variations in state tax collections.
19,078
1,073
20,888
894
-
18,259
` 17,645
1.8,005
0
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
below the benchmark and the national economic recovery is weak. Tax collections would need to
grow by 3 percent in 2011 just to bring baseline tax revenues back to the 2009 level.
To get a further perspective on the enormity of the revenue collapse, even if fiscal 2012 revenues
grow by 5 percent, the long-term annual average, total tax revenues of approximately $20 billion
would still be $800 million below fiscal 2008. Given the current national economic indicators,
however, 5 percent growth may be optimistic.
Spending Realities
'In commenting on their proposal to cut the sales tax, proponents have repeatedly. emphasized how
easy it.would be to reduce state spending-by "a mere" $2.5 billion, the amount of revenue that
would be lost as a result of the ballot question. In fact, state programs have already been cut by
more than $2 billion, or almost 12 percent, since the fiscal crisis began in 2009.
The Foundation has done a program-by-program comparison of the original budget for fiscal 2009 -
which was signed by the Governor before revenues began to collapse - with the budget that was
recently enacted for 2011 (Table 1). Virtually every program has experienced substantial spending
reductions; in some cases the cuts are staggering:
• $700 million in support for local government, including an almost $500 million or one-third cut
in non-education aid, as well as $190 million in non-Chapter 70 K-12 education aid;
o $225 million, or 13 percent, in state assistance to education that includes a $140 cut to higher
education and an $85 million reduction for early education;
More than $400 million, or 8 percent, in human services scattered unevenly across dozens of
programs;
® A 92 percent, or $42 million, cut in programs to promote tourism in the state;
e A $22 million, or 27 percent, cut in spending for state parks and beaches.
The Foundation excluded two major programs (debt service and pensions) from Table 1 because
spending was artificially reduced by shifting some costs to the future. Pension expenditures
declined from $1.46 billion in fiscal 2009 to $1.44 billion in fiscal 2011 while long-term debt
service payments fell from $1.8 billion to $1.63 billion.
In the case of debt service, the reduction in spending was achieved by refinancing debt in fiscal
2011 that would otherwise have come due, generating $300 million in savings that will have to be
repaid in future years.
Spending on pensions was reduced by $150 million in fiscal 2009 through two adjustments. In
October 2008, the administration used a newly estimated valuation of the state's unfunded pension
liability on January 1, 2008 to reduce payments by $50 million annually. Ironically, stocks
collapsed that very October, and the state now faces a much larger unfunded liability.. In order to
save another $100 million, the administration proposed and the Legislature agreed to extend the
payment schedule to eliminate the unfunded liability from 2023 to 2025.
d
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Table 1 - Cuts in State Spending
Fiscal 2009 to Fiscal 2011
Millions)
FY 09
FY 11
Change
Change
Original
Budget
$
%
Health Care "(Non-Medicaid)
1,133
967
-166
-14.6%
Connector
869
732
-137
-15.8%
Administration, IT, and Other Health Care
263
235
-28
-10.8%
Local Government Support
6,026
5,322
-704
711.7%
Chapter 70 Education Aid
3,954
3,926
-28
-0.7%.
Other Education Aid
612
422
-190
-31.0%
Municipal Aid
1,460
974
-487
-333%
Other Education
1,681
1,456
-225
-13.4%
Early Education
590
505
-85
-14.4%
Higher Education
1,091
950
-140
-12.9%
Human Services
5,142
4,719
-422
-8.2%
Developmental Services
1,358
1,321
-37
-2.7%
Family Services
1,030
886
-144
-14.0%
Cash Assistance
780
767
-13
-1.7%
Mental Health
705
622
-84
-11.8%
Public Health
591
489
-102
-17.2%
Housing Support
275
273
-1
-0.5%
Senior Support
296
244
-52
-17.6%
Veteran Services
106
117
11
10.8%
Public Safety
2,453
2,222
-232
-9.4%
Corrections'
1,047
11004
-44
-4.2%
Judiciary,
825
731
-94
-11.4%
State Police
257
228
-28
-11.0%
District Attorneys
107
91
-16
-14:8%
Attorney General
44
38
-5
.-11.8%
Crime Lab, Fire Services, and other Public Safety
150
97
-53
-35.3%
Economic Development
434
286
-148
-34.1%a
Business and Labor
187
97
-90
-48.2%
Div. of Industrial Accidents
21
20
-1
-6.1%
Workforce Training and "Summer Jobs
47
22
-26
-54.6%
Tourism and Tourist Councils
46
4
-42
-91.7%
Commonwealth Zoo
7
4
-4
-51.0%
Environment and Energy
247
189
-58
-23.5%
Environmental Protection
62
45
-17
-27.1%
State Parks and Beaches - -
- 80
- 58
-22
-27.2%
Fisheries and Wildlife
28
21
-8
-26.6%
General Government
593
473
-120
-20.3%
Legislative Operations
60
51
-9
-14.6%
Department of Revenue
206
141
-59
-29.3%
State Lottery
96
82
-14
-14:5%
TOTAL
17,462
15,444
-2,018
-11.6%
i Includes Dept. of Correction, Parole Board, and County Sheriffs
Note: The costs of state transportation are not shown in this table. The complexity of th
e still-in-progress reorganization
of state
transportation did not make it possible to breakout the 2009-2011 changes in costs in time for this report.
9
Massachusetts Taxpayers Foundation. Question 3: Heading Over the Cliff
Two health care programs, Medicaid and the Group Insurance Commission (GIC), were the only
areas that experienced spending increases in the 2009-2011 period - roughly $1 billion combined
(Table 2).
In addition to contending with medical inflation, Medicaid has experienced a recession-driven 9
percent growth in enrollment since July 2009, resulting in almost 10 percent growth in expenditures
over the past two years. Despite this increase, Medicaid has not escaped the cuts that have impacted
all of state government. For example, reimbursements to hospitals have been reduced by roughly
$300 million, as well as cuts to adult restorative dental care ($56 million), day services for disabled
adults ($15 million), and prescription drug costs not covered by Medicare Part D ($26 million):
Table 2 - Increases in State Spending
Fiscal 2009 to Fiscal 2011
Millions)
FY 09
FY 11
Change
Change
Original
Budget
$
%
Medicaid 9,152
10,045
893
9.8%
GIC/Retiree Healthcare 1,094
1,245
152
13.9%
TOTAL 10,245
11,290
1,045
10.2%
The GIC has confronted the same dynamic -`escalating expenditures even while benefits have been
cut. The costs to insure state employees and retirees rose by roughly 7 percent annually the last two
years. Nevertheless, facing a $35 million shortfall in February, the GIC increased co-pays and
deductibles for all state employees, retirees and their dependents.
Fiscal 2012 Deficit
Despite the severity of the budget problems over the past three years, fiscal 2012 may be the most
difficult of all. The state faces a $2 billion budget deficit in 2012, even with an economic recovery,
largely because of the heavy reliance on one-time revenues to support spending in fiscal 2011 and
with virtually no one-time monies remaining in 2012 (Table 3).
Table 3 - Fiscal 2012 Structural Deficit
Millions)
Time Funds in FY 11 -1
One-Time Funds Available in FY 12
Obligatory Spending Growth -1
Tax Revenue Growth 1
Estimated Structural Deficit 72
2 This total excludes health care spending on behalf of municipalities and authorities that reimburse the state for that
spending.
4
25
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
End of One-Time Funds
Since the beginning of the fiscal crisis, the state has depended on one-time funds to fill large budget
gaps - $3.1 billion in 2009, $2.5 billion in 2010, and $1.6 billion in 2011. Most of the one-time
money is from two sources - approximately $4.1 billion in federal stimulus dollars and $1.7 billion
from the state's stabilization or "rainy day" fund.
The $1.6 billion in 2011 includes $800 million in federal stimulus aid, $300 million from
restructuring the state's debt at lower interest rates, $160 million in federal reimbursements for
health care costs of recipients of Social Security Disability Insurance (SSDI) paid by Medicaid
rather than Medicare, a $100 million withdrawal from the state's rainy day fund, and $95 million
that state law would normally require be carried forward into 2012.
The problem lacing the state in fiscal 2012 is that there will be virtually no one-time dollars
available to help close the large budget gap and to compensate for the heavy use of one-time fixes
in 2011. Federal stimulus aid expires at the end of fiscal 2011, and the approximately $550 million
remaining in the stabilization fund needs to be preserved for real fiscal emergencies and to protect
the state's credit rating (Figure 2).
The dependence on one-time monies in fiscal 2011 is likely to be significantly.greater than this
analysis suggests, creating an even larger structural gap in fiscal 2012. This analysis does not
account for Congress' recent authorization of additional federal stimulus dollars which will bring
$667 million to Massachusetts. It is likely that most of that money will be built into the 2011
spending base which could drive the 2012 structural deficit as high as $2.5 billion.
The $667 million includes $463 million of Medicaid matching dollars (FMAP) and $204 million in
aid for education.3 The Governor's plan allocates the $204 million to Chapter 70 local aid to help
offset the nearly four percent reduction in the 2011 budget but also shifts roughly $50 million of
previously allocated federal ARRA funds from Chapter 70 to higher education. Thus, cities and
towns would receive $150 million in net new aid, which can be spread over fiscal 2011 and 2012.
Most of the $463 million in FMAP money will be needed to pay for deficiencies in the 2011 budget.
Medicaid is running at least a $500 million shortfall ($200 million state dollars), and several other
accounts will require supplemental spending as well. While the federal aid will help the state in
2011, the budget cuts will necessarily be deeper in 2012.
3 FMAP funds require legislative appropriation while the Governor has the authority to disburse the education aid.
5
0
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Figure 2- State Stabilization Fund Balance
2,500 2,335
2,119
2,000
c 1,500
1,000 L 841
657 557
500
0
FY 07 FY 08 FY 09 FY 10 Est. FY 11"
* Includes $100 million draw in original 2011 budget
Obligatory Spending Growth
In calculating the 2012 structural deficit, the Foundation has estimated that spending will need to
increase by a minimum of $1.4 billion (Table 3) just to meet constitutional, federal and legal
requirements in a handful of major programs as summarized below. (This $1.4 billion estimate
makes no allowance for the costs of inflation across most of state government.)
Because of health care inflation, high unemployment and federal requirements, Medicaid is
likely to grow by at least $500 million in 2012;
• Increases in Chapter 70 aid to education, debt service, and health care for state employees
and retirees through the GIC would add another $400 million;
® If there. is no extension of the state's pension payment schedule, annual costs are estimated
to jump by a staggering $800 million. Even with an extension, pension payments are likely
to increase by several hundred million dollars. in 2012;
® Medicare Part D reimbursements to the federal government are likely to increase by roughly
$100 million in 2012 following a federal government waiver that reduced a portion of state
payments in fiscal 2010 and 2011. .
Revenue Growth
The growth of tax revenues will reduce, though far from eliminate, the 2012 budget gap. In Table
3, the Foundation assumes that revenues will increase by $1 billion, or approximately 5 percent, in
2012. While 5 percent growth following a recession reflects recent history, it may be optimistic
given the latest national economic trends. Even a 5 percent increase leaves a projected budget
deficit of $2 billion.
6
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
H. IMPACT OF QUESTION 3
Question 3 would reduce the state's sales and use tax from 6.25 percent to. 3 percent effective
January 1, 2011. If a majority of those voting approve the question, it would become law. The state
would lose approximately $1 billion in sales tax revenues in fiscal 2011 (for five months of the
fiscal year) and $2.5 billion in 2012.
The state collected $4.6 billion in sales taxes in fiscal 2010, including 10 months at the higher 6.25
percent rate, representing 20 percent of total 2010 tax revenues and the second largest source of tax
receipts after the personal income tax.
Even with the sales tax increase, Massachusetts still ranks in the bottom group of states in terms of
sales tax burden. Of the 45 states with a broad-based sales tax, Massachusetts ranks 43`d in
revenues collected per $1,000 of income and 35th per capita.S Massachusetts has a very narrow base
on which sales taxes are collected (e.g. exempting food, clothing up. to $175, and services), which is.
the principal explanation for its low ranking even with a rate of 6.25 percent.
Huge Budget Gap if Question 3 Approved
If Question 3 is approved by the voters, the state would face a $4.5 billion budget gap for fiscal
2012 - a $2 billion structural deficit plus $2.5 billion in lost sales tax revenues.6 The consequences
would be even greater than the $4.5 billion suggests because close to half of the $32 billion in state
spending is mandated by the state constitution, federal requirements or legal obligations.
As shown in Table 4, approximately $15.1 billion, or 47 percent of the budget, is required spending
in five major areas: MassHealth (Medicaid), Chapter 70 education aid, debt service, the MBTA and
the School Building Authority. As a result, $4.5 billion in reductions must be spread over the
remaining $16.9 billion of "discretionary" spending.
Table 4 - Constitutional and Legal Obligations
Millions)
Program
Total
Spending-j.
Mandated
S endin *
MassHealth
10,045
7,836
Chapter 70 Education Aid
3,926
3,657
Debt Service
2,039
2,039
MBTA
927
927
School Building Authority
644
644
Total
17,581
15,104
*Total and mandated spending are based on the 2011 -budget with
the exception of debt service which reflects 2012 obligations.
4 A second ballot question (Question 1) would repeal the sales tax on alcoholic beverages approved by the Legislature in
2009. The annual revenue impact would be approximately $100 million.
5 MTF calculations based on data from the U.S. Bureau of Economic Analysis and the U.S. Census: State Government
Tax Collections (2009), State Population estimates (July 1, 2009), and State Personal Income (2008).
6 The state would also have to deal with the loss of approximately $1 billion in sales tax revenues in fiscal 2011,
requiring large mid-year cuts across state government.
7
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Obligatory Spending
MassHealth
Accounting for almost one-third of state spending, Medicaid provides subsidized health care to 1.25
million children and families, disabled individuals and low-income seniors at a cost of $10 billion in
fiscal 2011. Health care for senior citizens, including nursing homes, makes up about $2.5 billion,
or 25 percent, of the total. As a general matter, the Medicaid program is reimbursed 50 percent by
the federal government.7
Under federal law, if Massachusetts is to remain in the Medicaid program and receive the federal
match, it must provide coverage to residents who are categorically eligible if they meet any of the
following: 1) over 65 years of age; 2) eligible for institutional care; 3) disabled; 4) children up to
150 percent of the federal poverty level; 5) have breast or cervical cancer up to 200 percent of the
federal poverty level; or 6) pregnant up to 200 percent of the federal poverty level.
In fiscal 2011, spending on these groups totaled approximately $7.8 billion, the minimum amount
required to be spent on the. Medicaid program. The recently passed national health care law
prohibits states from altering any standard that would make someone ineligible for Medicaid
coverage who was eligible on March 23, 2010.
K-12 Education
In fiscal 2011, the state will distribute roughly $4.3 billion in K-12 education aid to cities and
towns, including $3.93 billion in Chapter 70 education aid. Almost $3.7 billion, or 95 percent of
Chapter 70 aid, is mandated to meet the state constitutional requirement that every child receive an
adequate education, which is reflected in the 1993 education reform legislation establishing a
minimum, or foundation, level of per pupil spending in each community.8
In determining the foundation level amount, or minimum funding necessary to ensure an adequate
education, the state uses a statutory formula based on student enrollment, inflation, and a
municipality's aggregate property values among other components. The state must make up the
difference between a community's required local contribution and the foundation budget.
Debt Service
Each year the state borrows money by selling bonds in the credit markets to pay for the construction
of major capital projects with long-term life such as roads and bridges, college buildings, prisons,
courthouses, state parks and many other important infrastructure investments throughout the state.
These 20-30 year bonds are repaid through the annual costs of debt service in the operating budget,
which combines the principal and interest to repay the notes not unlike the mortgage on a house.
Debt service, artificially reduced in-the 2011 budget by roughly $300 million, will cost the state
$2.04 billion in the 2012 budget, servicing the Commonwealth's $19.4 billion in outstanding bonds.
7 SCMP (State Children's Health Insurance Program) is part of the Medicaid program but is federally reimbursed at 65
percent. Additionally, the federal stimulus bill passed in early 2009 increased the state's 50 percent. match to
approximately 62 percent. The federal match is scheduled to return to 50 percent in the 2012 budget.
B Massachusetts Department of Education estimate.
(7-79
Massachusetts Taxpayers Foundation
MSBA
Question 3: Heading Over the Cliff
A portion of sales tax revenues is earmarked to the Massachusetts School Building Authority
(MSBA) to assist cities and towns with school construction costs. The 2004 legislation creating the
MSBA. established a phased-in schedule of funding from the sales tax, culminating in 1 cent of sales
tax receipts9 in fiscal 2011, projected by the Department of Revenue at $644 million based on
collections of $4.025 billion.
META
As part of the 2000 legislation reforming the MBTA's financial structure, known as "forward
funding," the Authority received 1 cent of sales tax receipts,10 which is. adjusted annually by an
inflation, index up to 3 percent, with a guarantee that the state's contribution in any year cannot be
less than the previous year.
Over the course of 10 years, the state's contribution to the MBTA has grown from $,645 million in
fiscal 2001 to $767 million in fiscal 2009 with level funding in the 2010 and 2011 budgets due to
low inflation rates and declining sales tax revenues. The MBTA also receives $160 million from
the 2009 increase in the sales tax - for a total of $927 million in fiscal 2011.11
Impact on "Discretionary" Spending
With nearly half of the state budget earmarked for obligatory spending, the other half would have to
bear the full $4.5 billion in spending cuts that will be necessary if Question 3 is approved.
As shown in Table 5, deducting $15.1 billion in obligations from the $32 billion budget leaves a
balance of $16.9 billion from which $4.5 billion must be cut. In addition, because of these spending
reductions, principally in Medicaid, the state will lose an estimated $300 million in federal revenues
which would bring total spending reductions to $4.8 billion.
In other words, the state would have to cut $4.8 billion from the total of $16.9 billion in so-called
discretionary spending,` which would require across-the-board cuts of 28.4 percent. If the initial
2012 shortfall is $2.5 billion, the resulting $5 billion gap would require across-the-board cuts of
almost 33 percent.
Table 5 - Impact on 2012 Budget
Millions).
20111 Total Spending
32000
Legal Obligations
-15,104
Balance of Budget
16,896
Cuts to 2012 Budget
-4,500
Federal Revenue Loss
-300
Total Cuts Required
-4,800
Final Balance
12,096
Across-the-Board Cuts
28.4%
9 Excluding the sales tax imposed on meals.
10 Excluding the sales tax imposed on meals.
11 If Question 3 is approved; the Legislature could choose to include the $160 million subsidy to the MBTA in the
across-the-board cuts discussed below.
9
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Table 6 - Across-the-Board Cuts of 28.4 Percent
Millions)
Program
FY it
Cut
Balance
Spending
Health Care
4,421
-1,256
3,165
MassHealth - Non-Obligatory
2,209
-627
1,582
Health Refrom and Other Care
967
-275
692
Employee & Retiree Health Benefits
1,245
-354
891
Local Government Support
1,665
-473
1,192
Non-Obligatory Education Aid
691
-196
495
'Municipal Aid
974
-277
697
Other Education
1,456
-413
1,042
Early Education
505
-144
361
Higher Education
950
-270
680
HumanServices
4,719
-1,341
3,378
Developmental Services
1,321
-375
946
Family Services
886
-252
634
Cash Assistance
767
-218
549
Mental Health
622
-177
445
Public Health
489
-139
350
Housing Support
273
-78
196
Senior Support
244
-69
175
Veteran Services
117
-33
84
Public Safety
2,222
-631
1,591
Corrections'
1,004
-285
719
Judiciary
731
-208
523
State Police
260
-74
186
District Attorneys
91
-26
65.
Attorney General
38
-11
28
Crime Lab, Fire Services, and other Public Safety
97
-28
70
Transportation
213
-61
153
MassDOT Admin.
12
-4
9
Highways
83
-23
59
Regional Transit
59
-17
42
Registry
59
-17
42
Economic Development
286
-82
204 .
Business and Labor
97
-28
69
Div. of Industrial Accidents
20
-6
14
Workforce Training and Summer Jobs
22
-6
15
Tourism and Tourist Councils
4
-1
3
Commonwealth Zoo
4
-1
3
Environment and Energy
189
-54.
135
Environmental Protection
45
-13
33
State Parks and Beaches
58
-16
42
Fisheries and Wildlife
21
-6
15
General Government
473
-134
339
Legislative Operations
51
-14
36
Department of Revenue
141
-40
.101
State Lottery
82
-23
59
Employee Pensions
1,442
-410
1,032
TOTAL
16,896
-4,800
12,096
Includes Dept. of Correction, Parole Board, and County Sheriffs
10
Massachusetts Taxpayers Foundation . Question 3: Heading Over the Cliff
Table 6 summarizes the enormous impact of such cuts on the wide array of services that the public
expects state and local governments in Massachusetts to provide. The discussion below highlights
that impact in a few key areas.
Local Aid
Cuts in local aid of $475 million - on top of $700 million of cuts since 2009 - would result in,
thousands of layoffs of municipal employees, chiefly teachers, police and fire. The cuts would fall
most acutely on cities and poorer communities that depend so heavily on state aid. The problem
would be exacerbated by the end of federal stimulus dollars which have temporarily protected some
services during this extended fiscal crisis.
Not only would the cuts seriously compromise the core services provided by local government -
education and public safety - but the widespread layoffs would add to the state's joblessness and
undercut the economic recovery. There is no evidence that the reduction in the sales tax rate would
generate any meaningful increase in private sector employment, let alone on a scale to compensate
for the large reduction in municipal employment.
With these large cuts in local aid, the only way for cities and towns to protect services would be to
raise property taxes beyond 2 %2 percent. The wealthier communities would turn to overrides, but
for poorer communities that would not be a realistic possibility. Even for those communities that do
approve overrides, the amount is not likely to compensate fully for the cuts in local aid. So the
inevitable result would be a combination of higher property taxes and reduced services.
Higher Education
Despite the importance of public higher education to the state's economy, the University of
Massachusetts and the 24 state and community colleges have always borne a disproportionate share
of spending cuts during economic recessions. While experiencing significant cuts during this fiscal
crisis, the campuses have been shielded in part because of an infusion of federal stimulus dollars.
However, those dollars will disappear after fiscal 2011 so public higher education will experience
exceptionally large cuts in 2012 even if Question 3 is defeated.
If voters approve the ballot question, funding for the University of Massachusetts and the state and
community colleges would be cut by roughly $235 million while state scholarships would be
reduced by another $25 million (Table 6). Factoring in the loss of $20 million of federal stimulus
aid in the 2011 budget 12 that will not be available in 2012, total spending for higher education
would be cut by almost $300 million.
The 270,000 higher education students would be impacted in two major ways - higher tuition and
fees, and fewer course offerings, reduced faculty time and other elements of a quality education. For
example, facing a $50 million cut in state aid in fiscal 2010, the University of Massachusetts raised
student fees by $1,500.13 If Question 3 passes, UMass would lose roughly $120 million in funding
in fiscal 2012, more than double the cuts in fiscal 2010.
12 This does not include the additional $50 million that higher education will receive in 2011 as a result of the additional
stimulus dollars recently authorized by Congress (see page 5). However, that $50 million will not be available in 2012.
13 In fiscal 2010, the $1,500 was offset by rebates of up to $1,100 from federal stimulus aid, but no rebates are
anticipated in fiscal 2011.
11
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Public Safety
Public safety, including prisons, courts, state police and the district attorneys, would be cut by $630
million if Question 3 is approved (Table 6).
The state police budget would be reduced by $74 million. Since a large portion of that budget
supports staffing of 2,200, the cuts would likely result in the layoff of some 500 police officers,
bringing total personnel to 1,700 compared to 2,500 before the recession.
The $495 million budgeted for the Department of Correction facilities supporting a staff of 5,200
overseeing 11,000 inmates at 18 facilities - would be cut by $140 million. With a commensurate 25
percent reduction in personnel, corrections staffing would fall below 4,000, clearly requiring the
closing of some prison facilities.
Major reductions in staff and services have already taken place in the court system, including the
Trial Court, District Courts, Probate and Family Courts, Superior Courts, Juvenile Courts, Boston
Municipal Courts, and the Appeals Court. As serious as those cuts have been, they wouldpale
compared to the layoffs of court personnel and the closing of facilities that would be required by a
$208 million reduction if Question 3 is approved.
The one area that has continued to see increases during the fiscal crisis has been the budget for
public defender services, despite jumping by 300 percent in the five years before the economy
collapsed.
Human Services
After Medicaid and support for local government, the largest area of state spending is human
services - $4.7 billion in 2011. These services fund dozens of different programs for those with
needs, including foster care and protection of children from abuse and neglect, services for the
developmentally disabled, mental health services for children and families, home care and other
programs for seniors, financial support for those on transitional assistance, a variety of public health
programs, and many others. A large fraction of these programs are run by private, generally
nonprofit, providers under contract with the state. .
The consequences of cutting $1.3 billion from human services would be enormous, affecting the
lives of tens of thousands individuals and families and resulting in the elimination of scores of
programs that have met important individual and societal needs for decades.
Capital Spending
The loss of $2.5 billion in annual tax revenues would also take a significant bite out of the state's
capital program. The Commonwealth is.already.facing a capital funding crisis with widespread
deterioration in the state's infrastructure, from transportation and public higher education to state
parks and courthouses. The transportation system is in particularly desperate shape.
Also, the Commonwealth's bond rating would almost certainly be downgraded, adding tens of
millions of dollars in increased interest costs.
12
33
Massachusetts Taxpayers Foundation Question 3: Heading Over the Cliff
Conclusion
Question 3 comes before the voters in the midst of the worst fiscal crisis in the state's history, a
crisis that will confront the state at least through fiscal 2012. It is impossible to overstate the
enormity of the consequences of reducing state revenues by $2.5 billion when programs have
already been cut by $2 billion and with the state facing another $2 billion shortfall next year.
But even if Question 3 is defeated, there is a larger fiscal reality that state leaders have only begun
to understand and address. Massachusetts is entering a permanent new period, even when the fiscal
crisis abates, in which state revenues will not be sufficient to support all the programs, and
employee benefits, that have been the hallmark of state and municipal governments in
Massachusetts for decades.
The contradictions abound. Citizens want lower taxes but also expect government to provide an
acceptable level of services. At the same time, public employees ignore the new reality that private
sector benefits have eroded and that taxpayers neither can nor will support a dramatically higher
level of benefits for government employees and retirees. This changing fiscal and political
landscape will be the catalyst for some wrenching adjustments in the decade ahead.
13
3Y
Page 1 of 1
LeLacheur, Bob
From: LeLacheur, Bob
Sent: Thursday, September 23, 2010 1:43 PM
To: Barry Berman(w); Bryan Walsh(h); David Greenfeld(w); Frank Fardy(h); George Hines(h); Hal Torman(w);
Kevin Leyne(h); Mark Dockser(h); Marsie West(w)
Subject: FW: Special Election Cost
From: Gemme, Laura
Sent: Monday, July 12, 2010 9:15 AM
To: LeLacheur, Bob
Subject: Special Election Cost
FYI...
Item
Count
Cost
Shipping 11
Total
Absentee Ballot Postage
29
$ 0.61
$ -
$
17.69
Ballot Printing
1
$2,629.51
$ -
$
2,629.51
Common Signs
2
$ 35.00
$ -
$
70.00 .
DPW Detail
1
$ 954.92
$ -
$
954.92
Election Workers
1
$8,208.98
$ -
$
8,208.98
Food
1
$ 779.87
$ -
$
779.87
Media Cards - ES&S
1
$ 352.50
$ 27.27.
$
379.77
Office Staff
1
$ 203.81
$ -
$
203.81
Police Detail
1
$2,316.37
$ -
$
2,316.37
Poll Worker Postage
176
0.44
$ -
$
77.44
Printing Voting List
1707
$ 0.20
$ 7
$
341.40
Warrant Publishing
1
$ 14.40
$ -
4.40
Total
$
15,994.1
La i,walA (~amnw-l
Town Clerk
Town of Reading
16 Lowell Street
Reading, MA 01867
(P) 781-942-6647
(F) 781-942-9070
(E) Igemme@ci.reading,ma.us
(W) http //www.readingma._gov
,f~~c#wA
ran 9
U) Pi
tei~-U,rre~'
I b,~ ~atft&-
New Town Hall Hours effective June 7, 2010:
Monday, Wednesday and Thursday
7:30 a.m. - 5:30 p.m.
Tuesday. - 7:30 ash. to 7:00. p.m.
Friday - CLOSED
to
When writing or responding, please remember that the Secretary of State's Office has determined that
email is a public record. This communication may contain privileged or other confidential information. If
you are not the intended recipient, or believe that you have received this communication in error, please
do not print, copy, retransmit, disseminate, or otherwise use the information. Also, please indicate to the
sender that you have received this email in error, and delete the copy you received.
10/11/2010
3~
Page 1 of 1
LeLacheur, Bob
From: recapdata@dor:state.ma.us
Sent: Monday, October 04, 2010 10:20 AM
To: LaPointe, Gail; Reading- Selectmen; Rick Schubert Multiple Addresses; Heffernan, Nancy; Finance;
Hechenbleikner, Peter
Subject: Freecash Approval Notification for Reading
Massachusetts Department of Revenue Division of Local Services
Navjeet K Bal, Commissioner
Robert G. Nunes, Deputy Commissioner & Director of Municipal Affairs
Monday, October 04, 2010
Gail LaPointe
Accountant
Town of Reading
Re: NOTIFICATION OF FREE CASH APPROVAL.- Reading
Based upon the unaudited balance sheet submitted, I hereby certify that the amount of available funds or
"free cash" as of July 1, 2010 for the Town of Reading is:
General Fund $ 4,953,340
Water Enterprise Enterprise Fund $ 1,485,064
Sewer Enterprise Enterprise. Fund $ ' 792,756
Storm Water Enterprise Enterprise Fund $ 275,590
This certification is in accordance with the provisions of G. L. Chapter 59, §23, as amended.
Certification letters will be e-mailed to the mayor/manager, board of selectmen, prudential committee,
finance- director and treasurer immediately upon approval, provided an e-mail address is reported in DLS'
Local Officials Directory. Please forward to other officials that you deem appropriate.
Sincerely,
Gerard D. Perry
Director of Accounts
This email and any files transmitted with it are confidential and
intended solely for the use of the individual or entity to whom they
are addressed. If you have received this email in error please notify
the system manager at postmaster at dor.state.ma.us.
10/4/2010
Town of Reading
RESERVES
Stabilization Funds
General
Smartgrowth Incentive Payment
Employee Buy-backs
Sale of Real Estate (at June 30 with next FY commitment)
Certified "free cash" July 1, 2009
Free Cash Used for FY2010 and FY2011 operations
Historic Reneneration.of reserves
2010
1,524,831
700,000
25,035
994,287
5,189,292
(1,199,827) 3,989,465
2005
2006
2007
2008
2009
2010
Revenues:
Variance from original budget $
Property taxes:
81,912
232,242
452,017
331,359
669,720
262,633
Motor Vehicle Excise taxes
217,456
35,294
-43,330
-78,255
-149,039
82,330
Penalties and interest on taxes
1,635
-4,866
7,489
22,443.
26,454
-49,528
Payments in lieu of taxes
1,934
25,886
22,646
40,169
38,565
23,270
Charges for services
157,501
13,227
347,376
-119,217
37,838
-94,337
Licenses and permits
15,980
68;289
-4,942
19,207
68,156
25,594
Intergovernmental (includes State Aid & Medicaid Reimb)
308,859
246,006
650,035
276,926
-594,392
-315,500
Special assessments
-35
-1,346
53
-2,682
.-2,376
-252
Fines
24,753
-35,752
8,440
1,272
-18,108
-40,297
Investment income
603,780
935,302
1,263,497
1,007,946
-9.5,185
-59,403
Other
78,416
14,066
73,284
206,218
64,436.
186,629
Total revenue variance from budgeted amount 1,492,191 1,528,360 2,776,565 1,705,386 46,069 ( 21,139
Property taxes: Property Taxes collected will be more than budgeted because of our conservative estimates in the growth on new taxable properties
Motor Vehicle Excise taxes MV Excise was at 2.9 million for 5 years then dropped to 2.7 million in 2009 and 2.5 milion in 2010
Penalties and interest on taxes Penalties and interest are dependant on who decides to pay off old tax liabilities and therefore, very unpredictable.
Charges for services Charges for services include Permits from the inspection department Which are dependant on economic conditions
Intergovernmental (includes State Aid & Medicaid Reimb) State Aid is not known during the budget development so estimates were kept at 5% growth unless state
legislature guidelines suggested otherwise .
Investment income Interest rates for this 5 year period went from 6% to less than 1 We earn interest on money we borrow for projects (eg High School
Const, Energy. Improvements) We do not include interest on borrowed funds when budgeting revenues because it is not sustainable
Other Other income includes one-time, unanticipated, non-recurring, inconsistant revenues. Insurance Dividends, MIIA rewards,
legal settlements, reimbursement of prior year expenditures
Expenditures:
Variance from original budget
General government
Public safety
Education
Public works and facilities
Human services
Culture and recreation
Employee benefits
Intergovernmental
Debt service
Continued appropriations from prior
year cancelled- not needed
Total expenditure variance from budget amount
Sum of Revenue & Expenditure Variances
General government
Public safety
Education
Public works and facilities
Human services
Culture and recreation
Employee benefits
Intergovernmental
Debt service
Continued appropriations from prior
year cancelled- not needed
2005 2006 2007 2008 2009 2010
88,579
58,506
46,569
150,011
200,599
221,803
162,916
32,796
68,518
162,442
104,639
117,993
31,358
51,893
46,884
99,145
213,378
286,158
18,816
119,164
100,117
137,804
143,191
189,609
22,191
-3,605
-1,949
18,356
3,216
27,353
13,753
5
7,353
7,334
4.7,342
23,654
175,039
54,373
42,723
125,138
1,119,740
214,982
-24,220
-33,056
5,476
-957
-6,027
50,717
0
9
875
.=1,893
56,982
19,844
0
0
0
0
0
12,024
54,198
66,787
236,354
43,940
58,621
500,456
334,283
383,353
933,734
1,927,000
1,210,734
1,992,647 1,862,633 3,159,918 2,639,120 1,973,069 1,231,873
Fin come Reserve Fund unspent FY08=111000 FY09100000 FY10 80000,Ins Claims down -saved 30000 FY09
Unused Sick buyback - reserve for retirements - 25000-50000, Various Police/Fire Vacancies
FY09 hold back to cover reduction in State Aid - Fy10 Energy savings unspent to cover the Energy Improvement Loan Interest
FY08 Woodland Easement Project low bids saved $50,000, FY09 and FYI 0 Gasoline prices down
- saved over 50K each year, trash less tonnage saved 47K in Fy09 and 70K in FYI 0
Unfilled position in Elder Services $20,000
FY09 Long Term Worker Comp vacancy
FY09 ARRA funds paid Teacher Health Insurance to offset State Aid Reduction $994,000
Regional School Assessment lower than budgeted - less enrollment.
FY09 Orig Budget Included estimates for refinancing school debt, FYI 0 est int expense on Energy Improvement Debt
FY08 -15K Walker Brook area Appraisals, 31 K DPW study, 22K playgound, 75K Utility ovrpymnt refund
TOWN OF READING
Finance Committee Liaisons - as of 8105/2010
Name/Address/Email Telephone Liaison Assignments
Marsie West ('03212), Chair 781-942-0604 (H) Board of Selectmen
3 Whitehall Lane 617-382-2865 (W) Audit Committee
Marsie.west@bnymellon.com Schools
David Greenfield ('05-'l 1), Vice Chair 781-942-2072 (H) Board of Selectmen
192 Woburn Street 617-662-7210 (W) Audit Committee
we4greens@comcast.net,,.. C~rrm&111 AL~t CA" Accounting/Finance
Barry Berman ('07-11) 781-942-7907(H)
54 Longview Road 781-684-5705(W)
bcberman@comcast.net
Mark Dockser ('10-13) 781- 942-7586(H)
110 Beaver Road
mdockser a,gmail.com.
Frank Fardy ('10- 13)
55 Grand St.
ffardy@verizon.net
781- 044-2219(H)
George Hines ('05-`11)
35 Grand Street
svhines0,,verizon.net
Kevin Leyne('09-' 12)
34 Larch Lane
Kevin.leyneaverizon.net
Harold S. Torman ('03;'12)
77 Sunnyside. Ave
Hal.Torman@lantheus.com
Bryan Walsh ('08-'12)
58 Grand Street
walshblCa.verizon.net
ADMINISTRATION
Peter Hechenbleikner
Dhechenbleikner(a),ci.read ing.m a.. us
John Doherty
j doherty@reading. k 12.ma. us
Gail LaPointe
r<lanointe(@,ci.readins.ma.us
Mary DeLai
mdelai a,reading.kl2.ma.us
Bob LeLacheur.
blelacheur@ci.reading.iiia.us
617-592-6569(C)
617-532-4217
781-249-0965
781-942-2794 (H)
781-944-2884 (H)
942-9043(W)
944-5800(W)
942-6604(W)
Schools
RMLD
RMLD
Public Works
Community Services
Library
Library
.Muni Bldg Comm
Community Services
Public Safety
Public Works
Economic Development
Schools
Economic Development
Public Safety
Town Manager
Superintendent of Schools
Town Accountant
942-5800(W) Director of Finance & H.R.
(Schools)
942-6636(W) Asst. Town Manager/Finance
942-9805(H) Director (Town)
OF$p9O'~
Finance Committee Meeting
° r August 4, 2010
Conference Room, Reading Town Hall
lNCOR4
The meeting convened at.7:35 PM in the Conference Room of Town Hall.
FINCOM Members Present: Chair George Hines, Vice Chair David Greenfield, members Barry
Berman, Mark Dockser, Frank Fardy, Kevin Leyne, Harold Torman and Marsie West.
Members Absent: Bryan Walsh
Also Present: Assistant Town Manager/Finance Director Bob LeLacheur.
There being a quorum the Chair called the meeting to order at 7:35 pm..
Public Comment:
No comments.
FINCOM reorganization:
Outgoing Chair turned the meeting over to Bob LeLacheur, who opened the floor to nominations for
FINCOM Chair for FYl 1. On a motion by Berman, seconded by Greenfield, the name of Marsie West
was raised. There being no other names put forth, LeLacheur closed the nominations.
By a vote of 8-0-0, Marsie West was nominated for FINCOM Chair.
LeLacheur turned the meeting over to Ms. West, who opened the floor for nominations for Vice Chair.
On a motion by Hines, seconded by Berman, the name of David Greenfield was raised. There being no
other names put forth, West closed the nominations.
for
FINCOM liaison assignments:
On a motion by Berman, seconded by Hines, the names of Chair Marsie West and Vice Chair
David Greenfield were nominated as FINCOM representatives for the Audit Committee, and
confirmed by a vote of 8-0-0..
West reviewed the other liaison assignments, asking if there were preferences among the members.
Hines asked that he be a.liaison to the library, in light of his work on the Municipal Building
Committee. A few members indicated an interest in the School department. The new temporary list
will be attached to these minutes, and fmalized during the next FINCOM meeting.
FINCOM FY11 meeting schedule:
Financial Forum I will be held on September 15th with a focus on alternative revenues. Mr. Greenfield
asked that expense reduction initiatives be publicly discussed this year as part of the FY12 budget
process in order to educate the community and Town Meeting. Mr. Hines said that FINCOM has
pursued expense reductions and efficiencies for every year since he can recall.
0
Financial Forum II will be held on October 27 with a recap of the Town's reserves position, and a look
at estimated FY 12 revenues. Given these two, discussion about use of free cash in the FY 12 budget
will ensue, and preliminary budget guidance will be given by the FINCOM to all departments
according to the historic approaches on accommodated and non-accommodated costs.
Mr. LeLacheur indicated on a preliminary basis that Town Accountant Gail LaPointe suggests the
Town regenerate a solid number towards free cash from the FY11. budgeted amounts not spent. Mr.
Berman said this is always a double-edged sword: on the one-hand this implies the budgets are too
high; but on the other given the nature of different areas turning back fields each year that departments
do a good job in not spending money unnecessarily.
Financial Forum III will be held on January 26, 2011 unless important budget information becomes
available sooner.
Town-wide technology initiatives:
Mr. LeLacheur reviewed a number of projects (see attached). Mr. Greenfield emphasized that he would
like to see some cost and effort estimates to have a fully redundant network and further details about
backup procedures, as well as a continuity of operations plan (such as has been done by Chief Burns
for all departments as a town-wide overview. Mr. LeLacheur said he would bring the request to the
next Department Head meeting in two weeks.
Multi-Board Revenue Discussion: .
Mr. Berman would like to suggest a School Committee-Selectman-FINCOM ad-hoc committee be
formed. He requested a map of town-owned land. He suggested the Town should provide the following
information to the general public: already cutting expenses; already funding activities with grants;
what limits there are on what.activities the Town is allowed to do (for example, it cannot invent and
sell a product); what options the Town can use to raise revenues, and a thorough review of all fees
collected versus other neighboring municipalities. Mr. Dockser suggested a brainstorming session at
the first financial forum in September, and volunteered to lead an effort as he has done in the private
sector. Ms. West asked Mr. LeLacheur to contact the other major boards with an overview of this
discussion.
On a motion by Mr. Hines, seconded by Mr. Levine, FINCOM voted to approve the Minutes of
June 9, 2010 as amended by a vote of 7-0-1.(Berman abstaining).
On a motion by Mr. Berman, seconded by Mr. Hines, FINCOM voted to adjourn at 9:40pm by a
vote of 8-0-0.
2 41
OF I?
Finance Committee Meeting
Financial Forum
rFO f ~`'a
s3g=1NCORpo¢P September 15, 2010 .
The meeting convened at 7:00 PM in the Conference Room of Reading Public Library.
FINC®M members present: Chair Marsie West, Mark Dockser, Bryan Walsh, Barry Berman, Kevin
Leyne, Francis Fardy and David Greenfield.
Members Absent: George Hines and Hal Torman.
School Committee Members present: Chris Caruso, Karen Janowski, Hal Croft, David Michaud,
Chuck Robinson and Jared Beaulieu (School Committee student representative)
Board of Selectmen members present; James Bonazoli, Rick Schubert, Ben Tafoya, Camille
Anthony, Steve Goldy
Board of Library Trustees present Vicki Yablonsky, Richard Curtis, Jeff Doucette and Cherrie
Dubois
EDC member Russ Graham
Town Meeting members John Arena, Bill Brown and Tom Ryan
Also Present: Town Manager Peter Heckenbleikner, Town Accountant Gail LaPointe, Assistant Town
Manager/Finance Director Bob LeLacheur, Superintendent of Schools John Doherty, Assistant
Superintendent Patty de Garavilla, Director of Finance and Operations Mary DeLai, Greg Burns (Fire
Chief), Jim Cormier (Police Chief), Ruth Urell (Library Director), Jeff Zager (Public Works Director),
Jane Kinsella (DPW Business Manager), David Mancuso.
Press: Matt Casey (Reading Patch) and Paul Feeley (Daily "1'irries Chronicle).
There being a ''quorum the FINCOM Chair called the meeting to order at 7:09 pm. The Chair of the
Selectmen also called the Selectmen's meeting to order and the Chair of the School Committee called
the meeting to order. The Board of Library Trustees calle.d.their meeting to order at 7:30 PM.
Ms. West gave opening remarks and introduced everyone to, the first Financial Forum of the budget
year.
Assistant Town Manager & Finance Director Bob LeLacheur reviewed the budget calendar noting that
there will be three Financial Forums this,year (September 15th, October 27th and January 27th). The
School Committee's budget meetings are also shown on the meeting handout. Mr. LeLacheur
explained the budget process. Generally, the Financial Forums are held earlier in the year in the fall
and winter while the Finance Committee begins meeting at the end of February or early March to
prepare the budget for Annual Town Meeting in the spring. The Town Manager's budget is finalized in
February.
Revenues: Current Estimates:
Town Accountant Gail LaPointe reviewed Reading'.s reserve funds. Ms. LaPointe explained the
existing reserves held in stabilization funds shown on page 4 of the handout. The Town has several
stabilization funds that includes; a general fund, a smart growth incentive payment fund, employee
buy-back fund, sale of real estate fund and certified' free-cash" fund. A little over $1.5 is in the general
fund. The smart growth incentive payment fund that holds $700,000 and includes the two $350,000
payments the Town received from the State for adopting smart growth districts (the gateway smart
growth site and the downtown district). This money was placed in the stabilization fund because if
01~_L)
construction does not begin with in a certain time period the Town must return the money to the State.
The $1 million sale of real estate fund and almost $4 million in the free cash completes the reserves
summary. Free cash will change as the following discussion will discuss.
Revenues: Historic Regeneration:
Ms. LaPointe reviewed the history of Reading's revenues (from 2005 to 2010) and how it has varied
from the original projections that budgets were built upon. The amount of money in.the
Intergovernmental has the largest variance which includes money from the. State and Federal
government. In 2009 and 2010, the Town received significantly less than what was originally
budgeted. The Investment Income was relatively high during 2007 and 200.8 because of the High
School construction project but the budgeted interest income for operations excluded this amount,
which was set aside for one-time capital expenditures during these years. Revenues have exceeded the
Town's projections for the last five years but in 2009 and 2010 there was a shift and the margin of
surplus was very narrow. The surplus becomes free cash at year end..
Expenditures:
Ms. LaPointe reviewed the variances in the 2010 expenditures shown on page 5 of the meeting
handout. When money that is budgeted is not spent it is returned into free cash. For.example, the trash
account was lower over the last couple of years than what was budgeted because people tend to
generate less trash during economic recessions. Mr. LeLacheur pointed out that when reviewing the
budget from previous years to keep in mind that it is the final budget and not necessarily what was
approved in the spring because sometimes money is transferred during the year. Money not spent
becomes free cash at year end. Free cash is projected to be about $5 million based on these discussions.
Town Land Overview:
Town Manger Peter Hechenbleikner provided a list and map showing all of the vacant Town own land
in Reading, excluding parks, cemeteries and conservation land. The parcel size and land values are also
included on the handout. Many of the Town's vacant parcels have limitations such as wetlands. Only a
couple of parcels are opportunities for the Town to sell to generate some revenue. The Oakland Road
and Pearl Street parcels are potential sites. The Town.Manager suggested some of the wetlands be
transferred to the Conservation Commission. Selectmen Bonazoli asked how the land values were
calculated and Mr. Hechenbleikner explained that they were the assessed value from the Town's Board
of Assessor's. Mr. Brown'asIked how the Town transfers land and Mr. Hechenbleikner responded that
land transfers are executed by ,a vote of the Board of Selectmen (for tax title land) unless Town
Meeting approval is required.
Revenues:
Mr. LeLacheur reviewed the Town's FY 10 revenue in the restricted and unrestricted funds. Restricted
funds are funds designated for specific purposes and can only be spent for those purposes. The
restricted funds are shown on page 19 - 21 of the handout. Page 24 of the handout shows recent
revenue and expense savings and efforts from the Town. Savings in expenses includes items such as
sick leave buyback for employees, changes in the health. insurance program, the energy performance
contracting, and reduced sick leave. Recent revenue savings include the incentive payments from the
smart growth zoning districts, a review of all Town fees and the local meals tax.
Brainstorming Session:
Mr. Dockser facilitated a brainstorming session where meeting participants provided revenue ideas in
small groups. A letter on revenue ideas (community access sticker fee increase) to the FINCOM from
Reading resident Dave Talbot was distributed. After each group shared their ideas for potential
revenue sources with the whole group, everyone voted on what was considered to be opportunity areas
where the Town should focus their, efforts. The items identified as the top priorities included the sale
of Town owned land, billboards d advertising, renting space for cell towers and wireless
communications, hiring a public relations or economic development officer, and naming rights. Ms.
West described the next steps and explained that the Finance Committee would summarize the results
of tonight's meeting. The next financial forum scheduled for October 27th will focus on expenses.
On a motion by Mr. Berman, seconded by Mr. Greenfield, FINCOM voted to adjourn at 9:05
PM by a vote of 7-0-0.
Respectfully, submitted,
Recording Secretary
Association of Town Finance Committees
Annual Meeting, October 23, 2010
Tri County,Regional Vocational Technical High School, Franklin
Agenda
8:15-9:00 a.m.
Registration, Breakfast, Networking
9:00-9:15 a.m.
President's Welcome, Kim Roy, Halifax Capital Planning Committee
Business Meeting
9:15-10:15 a.m.
Opening Session
Health Insurance: Playing the Hand You've Been Dealt
Communities across the commonwealth are looking for ways to reduce health insurance costs. The
panelists will discuss their experience and outcomes. Cambridge. uses collective bargaining to their
advantage, Melrose chose to join the GIC for cost savings and Franklin utilizes an insurance
advisory committee to bring about plan design. This interactive session will allow time for
questions.
Michael, Gardner., Personnel Director, City of Cambridge.
Mayor Robert Dolan, City of Melrose, Commissioner designee, Group Insurance Commission
Stephanie McNeil, Human Resources Director, Town of Franklin
Moderator: David Baier, Legislative Director, MMA
10:15-10:30 a.m.
Break
10:30-noon
Concurrent Workshops
1. New to the Finance Committee: Budgeting 101
This session will provide a good foundation for understanding the basics of municipal finance
and budgeting. It will include a review of the timetable of'the annual budget, developing a
capital improvement plan, an overview of the tax recapitulation process and managing long-
term debt.
Al Tosti, Arlington Finance Committee Chair and ATFC Treasurer
Tony Torissi, Finance Director, Andover
Moderator: Mary McBride, Billerica Finance Committee Vice Chair and ATFC Director
2. School Budgeting Basics
The title says it all. This session will be a review what goes in a school budget. The speakers
will focus on special education circuit breaker, regional funding issues and the $204 million in
education jobs funding announced in August as a supplementto Chapter 70. There will be
ample time for Q&A with these seasoned DESE administrators.
)ay Sullivan, Administrator of School Business Services, Department of Education
Christine Lynch, Director of Governance and Facility Support, Department of Education
Moderator: Martin Crowley, East Bridgewater Finance. Committee Chair and ATFC Director
9
3. One Town, One Team: What is the role of the finance committee?
Finance committee members must develop working relationships with each other as well with,
other members of the municipal team, including selectmen, school committee members, the
town administrator, the list goes on. This team must then all work toward the same goal of
providing the best possible services for the town. This session will explore this process and
offer tips on how to find balance in 'one town, one team.'
Glenn Koocher, Executive Director, Mass. Association of School Committees
Jeffrey Nutting, Town Administrator, Franklin
Moderator: John Warren, ATFC Vice President
Noon
Luncheon
12:30 -1:1 S
Speaker: Massachusetts Taxpayers Foundation President Michael Widmer
1:30-3:00 p.m.
Concurrent Workshops
1. The "Other" Insurance
While employee health insurance has gotten all of the attention over the last five years,
there are other insurance costs, such as unemployment, property and casualty,'workers
compensation, and liability that if ignored can cost your town a great deal of money. The
expert panelists can guide you through these critical areas and'what to look for to improve
your town's performance and lower costs.
Joe Callahan, Executive Vice President, Cabot Risk and MIIA Member Services
Paul Scott, Vice President, Unemployment, Tax, Management Corporation
Moderator: Al Tosti, Arlington Finance Committee and ATFC Treasurer
2. The New Open Meeting Law
Effective July 1, the new Open Meeting Law regulations are in place and are being enforced
by the Attorney General's Office, under the newly created Division of Open Government.
The regulations are still being developed, after feedback was given by local officials, and
should be released this fall. This session will be an overview of the new regulations and
how they relate to finance committees' functions and responsibilities.
Jonathan Sclarsic, Assistant Attorney General, Division of Open Government
Bob Cutler, Town Clerk, Foxborough
Moderator: Richard Creem, Needham Finance Committee Member and ATFC Director
3. Reducing Municipal Budgets: The Hidden Cost of Cuts
Cutting back hours or eliminating positions can involve employee bumping rights, require
impact bargaining with the unions and result'in having to budget more for unemployment.
Reducing services can mean a loss of revenues, can create problems with meeting state and
federal mandates, or can increase demands on other departmental budgets. This workshop
is an opportunity to learn about how to think through the ramifications of budget reduction
decisions and avoid the pitfalls.
John Clifford, Esq., Municipal Labor Attorney and former Marshfield Town Administrator
Michael Jaillet, Town Administrator, Westwood
Moderator: Joanne Marden, Andover Finance Committee, ATFC Director
9
ATFC Annual Meeting Registration
.Saturday, October 23, 2010
9:00 a.m.-3:00 p.m.
Tri County Regional Vocational High School
Registration:
Name: Title:
Name: _ Title:
Name: Title :
Municipality:
Contact email:_
Payment Method:
_-i-iPayment enclosed
Cardholder's Name
Cardholder's Billing Address
Town State
Visa _ MC _ Discover _
Card #
3-digit code -.(see reverse of card)
Cardholder's Signature, .
ATFC Policy: Payment must be made in advance or on the day of the meeting.
Meeting Cost:
$40 per attendee for all finance committee members of ATFC dues paying
communities
$55 per attendee for all other local officials and finance committee members
from non-dues paying communities
This cost includes all meeting materials, continental breakfast and a hot luncheon buffet.
If you are unsure of your membership status, please call MMA Senior
Member Services Coordinator Denise Baker at 800-882-1498 ext.105.
Cancellation Policy:
If you register but are unable to attend, please notify us by October 18
Otherwise, you will be billed for the meeting.
Please return this form by October 15 to:
ATFC Annual Meeting
One Winthrop Square
Boston, MA 02110
Fax: 617-695-1314
_ Bill my credit card
Zip.
AMEX
Exp. Date _
Tri-County High School
147 Pond Street, Franklin
If you are traveling north on route 495 take exit 17 and stay to the right as you come to
the top of the ramp. Turn right onto route 140 and move into the left hand lane as you
approach the traffic signal.
If you are traveling south on route 495 take exit 17 and stay to the left as you come to the
top of the ramp. At the traffic signal take a left, crossing over route 495. Proceed straight
through the next traffic signal after you cross over the highway. Move into the left hand
lane as you approach the next traffic signal.
At the traffic signal (with the shopping plaza on your left) turn left. The access road to
Tri-County (Tri-County School Dr.) will be your first right, which will be almost
immediately after the traffic signal. Proceed up the hill on the access.road and take your
first and second rights. Take your first left to park in the parking area. Approaching the
building from the parking lot, enter the glass-enclosed area and registration will be to
your left.
jq)
Reading Municipal Light Department
FY2011 Operating and. Capital Budget Presentation
To the Town of Reading FINCOM
October 13, 2010
1. FY 2011 Operating and Capital Budget Overview
2. FY 2011 Operating Budget - Detail
3. FY 2011 Capital Budget Detail
4. Six Year Plan
1:27 PM
-
READING MUNICIPAL . ( DEPARTMENT
-
3131/2010
2011 BUDGET SUMMARY
DRAFT 1 3/31110
,
OPERATING EXPENSES:
JUL
AUG'
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
TOTAL
555 PURCHASED POWER -
6,468,288
6,994,162 -
5,644,627
5,768,724
5,374,774
6,181,537
5,505,213
5,140,767
5,173,203
4,828,211
4,994,856
5,151,876
67,224,238
TOTAL PURCHASED POWER
6,466,288
6,994,162
5,644,627
5,766,724
5,374,774
6,181,537
5,505,213
5,140,767
5,173,203
4,828,211
4,994,856
5,151,876
67,224,238
558 MAINT OF TRANS PLANT
250
250
250
250
250
250
250
250
250
250
250
250
3,000
- TOTAL TRANSMISSION EXP
250
250
250
250
250
2SO
250
250
250
250
250
250
3,000
560 OPER SUPER & ENGIN
35,236
32,846
40,774
35,236
32,726
431412
36,044
33,534
41,783
36,044
33,534
41,762
_ 442,930
5B1 OPERATION LABOR
6,840
6,848
8,752
6,848
6,848
8,752
7,076
7,076
9,038
7,076
7,076
9,053
91,292
$81 1 OPERATION LABOR MISC
47,512
35,480
52,441
45,855
35,480
56,656.
51,289
36,872
54,181
47,247.
36,872
34,519
534,404
582 OPERATION SUPPLIES & EXP
34,221
32,401
37,936
34,221
32,341
39,542
38,455
33,012
38,775
34,892
33,012
40,021
428,830
585 STREET LIGHTING EXP
5;271
5,788
6,146
5,238
5,188
6,419
5,473
5,271
6,249
5,321
5,271
6,259
67,892
586 METER EXP
38,304
37,259
43,086
37,054
36,899
46,673
41,484
37,641
44,014
37,796
37,641
45,232
483,082
588 MISC DISTRIBUTION EXP
25,627
26,627
31,887
26,627
26,527
33,887
27,259
27,259
32,676
27,259
27,259
33,120
347,115
590 MAINT OF STRUCTURE & EQUIP
20,595
15,650
19,996
15,595
15,590
22,157
21,124
- 16,118
20,659
16,124
16,119
21,537
221,265
593 MAINT OF LINES OH
97;878
93,680
1031844
97,440
89,600
107,904
100,748
90,880
105,444
98,720
90,880
134,626,
- 1,211,643
594 MAINT OF LINES UG
16,929
17,029
17,165
16,919
16,909
17,261
16,988
16,932
17,214
16,942
16,932
17,222
204,462
595 MAINT OF LINE TRANSFORMS
14,042
5,292
5,292.
11,542
5,292
5,292
14,042
5,292
5,292
11,542
5,292
5,288
93,500
596 MAINT OF ST LT & SIG SYS
693
744
- BOB
589
684
042
720
695
821
700
695
819
81909
597 MAINT OF METERS
303
303
347
303
303
369
308
308
354
308
308
363
3,875
TOTAL DISTRIBUTION EXP
344,458
309,947
366,495
333,567-
304,487
389,166
361,00B
310,890
376,500
339,970
310,890
389,821
4,139,198
902 METER READING LABOR & EXP
5,349
4,964
5,881
5,049
4,784
5,900
5,480
4,915
6,046
5,180
4,915
6,051
64,513
903 ACCT & COLL LABOR & EXP
107,056
107,042
126,043
1102482
106,922
131,502
124,702
108,373
127,828
111,933
108,373
127,832
1,398,088
S04 UNCOLLECTABLE ACCTS
15,000
15,000
15,000
- 15;000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
180,000
TOTAL CUST ACCT EXP
127,405
127,006
146,924
130,531
126,706
152,402
145,182
128,288
148,674
132,113
12$288
148,883
1,642,601
916 ENERGY AUDIT EXP
96,481
88,231
96,397
91,681
84,856
97,416
112,875
86,971
96,095
87,946
84,971
114,587
1,138,506
920 ADMIN & GENERAL SALARIES
58,805
58,555
73,168_1
58,805
58,555
77,0431
60,476
60,226
75,25117
60,476
60,226
75,258 ~i
776,849
921 1 OFFICE SUPPLIES EXP
23,294
23,119
23,119
23,294
23,119
23,119 '
23,294
23,119
23,119 -
23,294
23,119
23,091
278,100
923 OUTSIDE SERVICE EMPLOYED
22,544
36,794
36,794
22,544
18,794 -
18,794
22,544
18,794
18,794
39,544
18,794
18,766
293,500
924 PROPERTY INSURANCE
39,903
39,903
39,903
39,903
39,903
39,903
39,903
39,903
39,903
39,903
39,903
39,967.
478,900
925 INJURIES & DAMAGES
5.938
5,488
5,488
5,488
5,488
5,488
5,488
5,488
5,488
5,468
5,488
5,500
66,318
926 EMPLOYEES PENSIONS & BENS
166,533
89,208
89,208
89,433
89,206
89,333
166,208
89,208
90,133
89,208
89,208
89,161
1,226,049
930 MISC GENERAL EXP
20,724
13,589
16,325
31,041
36,OB2
10,767
22,879
13,554
10,832
15,753
11,946
8,812
212,303
931 RENT EXPENSE
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,667
17,663
212,000
9321 MAINT OF GARAGE & STCKRM
49,214
50,214
48,604
90,844 `
46,214
60,395
62,279
56,281
49,075
50,113
49,743 -
49,969
662,944
935 MTN OF GEN PLANT -
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
132,ODO
TOTAL ADMIN & GEN EXP
512,101
433,766
457,673
481,698
430,884
450,926
544,613
422,212
. 437,363
440,393
412,066
453,773
5,477,469
GRAND TOTAL
7,452,502
7,865,131
6,517,969
6,712,770
6,237,101
7,174,281
6,556,266
6,002,406
6,136,190
5,740,936
5,846,349
6,144,603
78,486,506
LESS: PURCHASEDPOWER
(5,468,288)
(6,994,162)
(5,644,627)
(5,766,724)
(5,374,774)
(6,181,537)
(5,505,213)
- (5,140,767)
(5,173,203)
(4,828,211)
(4,994,856)
(5,151,876)
(67x4,238)
MAINTENANCE EXPENSES
(210,903)
(194,161)
(207,327)
(244,581)
(1B5,841)
(225,469)
(227,459)
(197,757)
(210,109)
(205,699)
(191,219)
(241,074)
(2,541,597)
TOTAL OPERATION EXPENSE -
773,312
676,608
766,015
701,465
676,466
767,275
823,594
663,683
752,878
707,027
668275
751,653
8,720,671
Page 5
127 PM
READING MUNICIPA
I'DEPARTMENT
3/318070
2011 BUDGET SUMMARY
DRAFT 1 3131 /10
OPERATING REVENUE
JUL 10
AUG 10
SEP 10
OCT 10 NOV 1D
DEC 10
JAN 11
FE8 11
MAR 11
APR 11
MAY 11
JUN 11
TOTAL
SALES OF ELEC- BASE
3,588,426
3,871,629
3,857,119
3,228,777 3,129,379
3,158,513
3,695,848
3,490,363
31092,468
3,098,297
3,109,841
3,142,894
40,463,551
SALES OF ELEC • FUEL
3,602,124
3,797,240
3,857,282
3,157,350 3,055,784
3,045,093
3,597,305
3,421,898
2,938,788
2,981,315
3,011,408
3,034,473
39,500,000
8
ENERGY CONSERVATION
48,855
49,998
51,886
43,119 41,714
41,126
47,079
45,911
39,7775
40,667
-
41,548
41,550
533,22
PURC14ASE POWER ADJUSTMENT
518,127
544,795
553,976
455,140 440,775
438,925
515,960
491,821
423,667
429,990
434,652
437,975
5,685,803
TOTAL OPERATING REVENUE
7,757,532
8,263,662
8,320,263
6,884,386 6,667,652
6,683,657
7,856,192
7,449,993
6,494,698
6,550,269
6,597,449
6,656,832
86,182,582
OPERATING EXPENSES:
-
PURCHASED POWER-BASE
2,469,514
2,539,062
2,322,564
2,221,276
2,279,740
2,303,499
2,257,492
2,270,825
2,272,058
2,157,579
2,319,838
2,298;127
27,711,574
1
OPERATION EXPENSE
773,312
676,808
766,016
701,465
676,486
767,275
823.594
227
459
663,883
757
197
752,878
109
210
707,027
205
699
660,275
191
219
751,653
074
241
8,720,67
2,541
597
MAINTENANCE EXPENSE
. 210,903
194,161
207,327
244,581
185,841
291
667
225,469
667
291
,
291
667
,
291
667
,
667
291
,
291,667
,
291,667
,
291,663
,
3,500,000
DEPRECIATION EXPENSE
291,667
110
000
291,667
000
110
291,657
110
000
291,667
110
000
,
110
000
,
110,000
,
110,000
,
110,000
,
110,000
110,000
110,000
110,000
1,320,000
TOWN PAYMENTS
,
,
,
,
,
SUBTOTAL
3,855,395
3,811,698
3,697,573
3,568,989
3,543,734
3,697,910
3,710212
3,534,131
3,636,712
3,471,971
3,572,998
3,692,517
43,793,842
PURCHASED POWER - FUEL
3,998,774
4,455,100
3,322,063
3,545,448
3,095,034
3,878,038
3,247,721
2,869,942
2,901,145
2,670,632
2,6751018
2,853,749
39,512,664
TOTAL OPERATING EXPENSES
7,854,169
8,266,798
7,019,636
7,114,437
6,638,768
7,575,948
6,957,933
6,404,073
6,537,857
6,142,603
6,248,016
6,546,266
83,306,506
NET OPERATING INCOME (96 637) (3,136) 7 300 627 (230 051) 28 884 (692 291) 898 259 7,045 920 (43,159) . 407,566 349,433 _ 110,566 2,87 6,076
OTHER INCOME: -
-
MDSE AND JOBBING-
10,000
102000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
120,000
INTEREST INCOME
37,500
37,500
37,500
37,500
37,50D
37,500
37,500
37,500
37,500
37,500
37,500
37,500
450,000
FORFEITED DISCOUNTS
78,945
85,176
84,857
71,033
68,845
69,487
B1,309
76,788
68,034
68,163
$8,417
69,144
890,198
MISCELLANEOUS REVENUE
100,000
0
0
100,000
0
0
100,000
0
0
100,000
0
30D,000
700,000
TOTAL. OTHER INCOME
226,445
132,676
132357
218,533
116,346
116,987
228,809
124,288
115,534
215,653
115,917
416,644
2,160,198
MISCELLANEOUS INCOME DEDUCTIONS:
CUSTOMER DEPOSIT INTEREST EXP 1,000 1,000 1,000 1,000 1,000 1:600 1,000 1,000 1,000 1,000 1,000 1,000 12,000
OTHER DEDUCTIONS (ROD - 181,250 181,250 181,250 181,250 181,250 181,250 181,250 181:250 181,250. 181,25D 181,2S0 231,250 2,225,000
TOTAL MISCELLANEOUS DEDUCTIONS 182,250 182,250 182,250 182,250 182,250 182,250 182,250 182,250 182,250 182,2$0 182,250 232,25D 2,237,000
NET INCOME (52,442) (52,710) 1,250.733 (193,766) (371020) (957,554) 944,818 987,958 (109,875) 441,078 283,099 294,960 2,799,274
Page 1
1:27 PM - READING MUNICIPAL LIGHT DEPARTMENT
313112010
2011 BUDGET SUMMARY
DRAFT 1 3131/10
PROJECTED REVENUE JUL AUG SEP OCT NOV DEC JAN FEE MAR APR MAY JUN TOTAL
RESIDENTIAL REVENUE;
RESIDENTIAL A-RATE
1,496,230
1,752,748
1,639,220
1,299,840
1,26T,261
1,316,778
1,692,177
1,479,751
1,262,245
1,240,030
1,196,010
1,249,308
16,891,598
RESIDENTIAL WATER HEATER A-RATE
38,423
43,068
40,404
34,993
3S,857
37,811
53,650
47,555
40,010
38,353
34,255
32,679
477,058
RESIDENTIAL TIME OF USE -
9,591
11,538
11,015
. 8,800
8,298
9,002
10,035
8,847
7,613
7,672
7,506
8,035
107,952
SUBTOTAL
1,544,244
1,807,354
1,690,639
1,343,633
1,311,416
1,363,591
1,755,862
1,536,153
1,309,868
1,286,OSS
1,237,771
1,290,022
17,476,608
COMMERCIAL REVENUE:
"
COMMERCIAL C HATE
970,345
1,008,101
1,045,458
- 898,106
867,652
867,009
999,488
990,314
889,542
884,359
884,629
851,460-
11,156,463
SCHOOL RATE
60,460
54,550
65,547
71,749
73,892
74,487
79,835
82,295 _
72,924
76,914
68,618
70,651
851,922
INDUSTRIAL REVENUE:
INDUSTRIAL TIME OF USE
941,524
926,532
978,410
847,925
807,734
785,034.
784,487
806,187
749,714
781,305
851,551
862,216
10,124,619
SUS TOTAL
1,972,329
1,989,183
2,089,415
9,817,780
1,749,27a
1326,530
.1,863,810
1,880,796
1,712,180
1,742,578
1,804,798
1,784,327
22,133004
STREET LIGHT REVENUE-
PUBLIC
44,828
44,828
44,828
44,832
44,835
44,868
44,777
44,780
44,780
44,780
44,78D
44,780
537,696
PRIVATE
6,052
5,940
5,933
5,923
5,978
5,990
5,926
5,930
5,930
5,905
5,930
5,905
71,347
SUB TOTAL
50,880
50,768
50,761
50,760
50,813,
50,858
50,703
50,710
50,710
50,685
50,710.
50,685
609,043
COOP - RESALE REVENUE
20,973
24,324
26,304
16,604
17,872
17,534
25,473
22,704
19,710
18,979
16,562
17,860
244,899
TOTAL BASE REVENUE
3,588,426
a,671,629
3,857,119
3,228,777
3,129,379
3,158,513
3,695,848
3,490,363
3,092,468
3,098,297
3,109.841
3,142,894
40,463,554
FUEL REVENUE
3,652,124
3,x47,240
3,907,282
3,207,350
3,105,784
3,095,093
3,647,305
3,471,898
2,988,788
3,031,315
3,061,408
3,084,413
40,100,000
LESS PASNY CREDIT
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(50,000)
(600,000)
TOTAL NET FUEL REVENUE
3,602,124
3,797,240
3,857,282
3,157,350
3,055,784
3,045,093
3,597,305
3,421,898
2,938,768
2,981,315
3,011,408
3,034,413
39,500,000
PURCHASED POWER ADJUSTMENT (PPA)
518,127
544,755
553,976
455,140
440,775
438,925
515,960
491,821
423,657
429.990
434,652
437,975
5,585,803
ENERGY CONSERVATION - RESIDENTIAL
10,219
12,115 -
11,274
8,772
8,540
8,917
11,748
10,162
8,529
8,357
8,008
8,384
-
115,024
ENERGY CONSERVATION-COMMERCIAL
38,637
37,883
40,612
34,347
33,174
32,209
35,331
-35,749
31,246
32,310
33,540
33,166
418,204
TOTAL ENERGY CONSERVATION
48,855
49,908
51,886
43,119
41,714
41,126
47,079
45,911
39,775
40,667
41,548
41,550
533,228
TOTAL REVENUES
7,757,532
8263,662
8,320,263
6,884,386
6,667,662
6,683,657
7,856,192 -
7,449,993
6,494;698
5,550,269
6,597,449
6,656,832
86,182,585
FUEL CHARGE
0.0599
0.0599
0.0599
0.0599
11.0599
0.0599
0.0599
0.0599
D_0599
0.0599
0.0599
0.0599
PagE
1:27 PM
3/31/2010
PROJECTED MISCELLANEOUS REVENUE
BAMWEC FLUSH OF FUNDS
CONTRIBUTIONS IN AID OF CONSTRUCTION
SURPLUS APPLIED TO DEPRECIATION
TOTAL MISCELLANEOUS REVENUE
READING MUNICIPAL ~T DEPARTMENT
2011 BUDGET SUMMARY
DRAFT 1 3/3111D
-
JUL
AUG
SEP
OCT NOV DEC
JAN
FEB
MAR
APR
MAY
JUN
TOTAL
0
0
0
0 0 0
0
0
tl
0
0
250,000
250,000
100,000
0
0
100,000 0 0
100,000
0
0
100,000
0
0
400,000
0
0
0
0 0 0
0
0
0
D
0
So,ouo
50,000
100,000
0
0
100,000 - 0 0
100,000
0
0
100,000
❑
300,000
700,000
Page 3
1:27 PM
READING MUNICIPAL LIGHT DEPARTMENT
3/?112010
2011 BUDGET SUMMARY
- - -
DRAFT 1 3131110
PURCHASED POWER EXPENSE
JUL
AUG
SEP
0CT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
- TOTAL
NUCLEAR MIX #1 - MILLSTONE
C
199,793
183,288
184,831
180,467
176,216
186,285
194,198
194,177
192,985
180,286
194,067
194,170
2,260,783
MILLSTONE-TRANSMISSION
T
1,072
1,072
1,072
1,081
1,081
1,081
1,081
1,081
1,081
1,081
1,081-
1,072
12,936
MILLSTONE- ENERGY
E
8,946
8,946
8,946
8,946
8,946
8,946
8,946
- 8,080
8,934
8,658
8,946
8,658
105,898
NUCLEAR MIX #1 - SEABROOK
C
19,300
20,850
20,666
21,224
21,831
20,642
20,388
20,334
21,495
28,375
20.344
20,249
255,698
SEABROOK - TRANSMISSION
T
155
_ 155
155
155
155
155
155
155
155
155
155
155
1,860
SEABROOK-ENERGY
E
932
932
932
.932
932
932
932
842
931
0
932
902
10,131
PROJECT #3 - DEBT SERVICE
C
119,651
119,664
119,646
119,655
_ 119,661
119,629
119,104
119,070
119,068
119,076
119,D84
119,094
1,432,402
PROJECT #3-TRANSMISSION
T
765
7655
765
772
772
772
772
772
772
772
772
765.
9,236
PROJECT#3-ENERGY
E
6,860
6,860
6,860-
6,860
6,860
6,860
6,850
6,196
6,851
6,638
6,660
6,638
81,203
PROJECT R4- DEBT SERVICE
C
373,393
373,353
373,174
_ 373,073
373,065
372,912
373,036
373,090
373,023
248,877
372,938
373,141
4,3S7,075
PROJECT R4 -TRANSMISSION
T
3,514
37514
3,514
3.514 -
3,514
3,514
3,514
3,514
3,514
3,514
3,514
3,514
42,168
PROJECT #4- ENERGY
E
22,878
22,878
22,878
22,878
22,878
22,878
22,878
20,564
22,647
0
22,878
22,140
248,675
PROJECT #5- DEBT SERVICE
C
49,677
49,673
49,650
49,537
49,637
49,617
49,633
49,638
49,630
33,918
49,619
49,644
579,973
PROJECT #6-TRANSMISSION
T
433
433
433
433,
433
433
433
433
433
433
433
433
5,196
PROJECT R5 - ENERGY
E
2,823
2,823
2,823
2,823
2,623
2,823
2,823
2,550
2,819
0
2,823
2,732
30,685
PASNY- CAPACITY'
C
12,696
12,696
12,696
12,696
12,695
12,696
12,696
12,696
12,696
12,696
12,696
12,696
152,352
PASNY-TRANSMISSION'
T
36,156
36,156
36,156
36,156
36,156
36,156
36,156
36,156
36,156
36,156
36,156
36,156 -
433,872
PASNY - ENERGY' -
E
9,968
9,968
9,646
9,968
9,660
9,968
10,167
9,183
10,153
9,839
10,167
9,839
118,526
REMVEC"
E
750
750
750
750
750
750
750
750
750
_ 750
750
.750
9,000
ISO-NE CAPACITY
C
507,150
507,150
507;150
507,150
507,150
507,150
507,150
507,150
507,150
507,150
507,150
507,150
6,085,800
ISO-14E TRANSMISSION-
T
809,307
914,135
627,981
552,9B9
584,586
662,418
623,511
629,740
613,968
648,629
661,693
660,560
7,989,617
ISO-NE ENERGY
E
230,547
542,022
175,964
.249,362
246,756
561,848
1,045,046
852,252
B59.997
878,767
578,974
617,155
6;838,690
NEMA CONGESTION-
E
(9,760)
(91750)
(9,750)
(9,750)
(9,750)
(91750)
(9,750)
(9,750)
(9,750)
(9,750)
(9,750)
(9,750)
(117,000)
HYDRO QUEBEC SUPPORT SERVICES
C
23,700
23,700
23,700
23,700
23,700
23,700
23,700
23,700
23,700
23,700
23,700
23,700
284,400
PEAKING PROJECT - CAPACITY
- C
50,598
50,590
50,583
50,587
50,591
50,595
50,404
50,784
50,456
50,547
50,435
50,532
606,782
PEAKING PROJECT-TRANSMISSION
T
. 6,650
6,650
6,650
6,639
6,650
6,650
6,650
6,650
5,734
6,653
6,651
6,650
79,877
PEAKING PROJECT- ENERGY
E
32,480
19,505
19,504
25,992
13,665
42,213
4,352
3,908
4,229
3,945
4,332
4,228
178,353
INTERMEDIATE PROJECT - CAPACITY
C
121,381
101,302
169,702
145,115
176,194
113,279
99,015
106,063
122,967
121,679
123,163
105,753
1,505,613
INTERMEDIATE PROJECT-TRANSMISSION
T
8,035
7,828
7,952
9,681
9,100
9,263
9,164
.9,D70
9,523
9,330
9,615
6,141
104,702
'INTERMEDIATEPROJECT - ENERGY -
E
373,674
456,065
444,540
796,603
327,354
520,394
57,772
51,877
56,133
52,368
57,500
56,11B
3,250,398
DOMINION
E
1,672,362
11717,729
1,103,895
699,SS8
934,443
1,061,377
1,048,565
967,782
902,180
748,962
917,110 -
1,043,958
13,017,921
CONSTELLATION
E
'943,504
960,058
932,760
973,673
973,494
1,064,776
515,797-
467,040
505,742
- 465,498
479,936
469,170
8,751,448'
BRAINTREE WATSON
C
126,088
126,088
126,088
. 126,552
126,552
126,552
126,552
126,552
126,552
126,552 -
126,552
126,552
1,517,232
BRAINTREE WATSON- ENERGY
E
11,299
11,500
11,230
11,907
12,506
14,062
14,662
13,166
14,247
13,291
14.594
14,243
156,707
COOP/ RESALE
E
7,500
7,500
7,500
7,50D
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
90;000
MACQUARIE
E
684,001
697,314
583,585
537,446
.536,217
562,451
510,421
467,902
507,582
484,166
571,466
599,468
6,742,029
TOTAL BUDGETED PURCHASED POWER
6,468,288
6,994,162
5,644,627
5,766,724
5,374,774
6,181,537
5,505,213
5,140,767
5,173,203
4,828,211
4,994,856
5,151,876
67,224,238
PURCHASED POWER BASE EXPENSE:
TOTAL CAPACITY PURCHASED
TOTAL TRANSMISSION PURCHASED
TOTAL
PURCHASED POWER FUEL EXPENSE:
TOTAL ENERGY PURCHASED
C 1,603,427 1,568,354 1,637,886 1,609,856 1,637,293 1,583,057 .1,675,955 1,583,254 1,599,722 1,450,856 1,599,766 1,582,681 19,032,110
T 866,087 970,708 684,678 611,420 642,447 720,442 681,536 667,571 672,336 '706,723 720,070 715,446 8,679,464
2,469,514 2,539,062 2,322,564 2,221,276 2,279,740 2,303,499 2,257,492 2,270,825 2,272,058 2,157,579 2,319,838 2,298,127 27,711,574
E 3,998,774 . 4,455,100 3,322,063 3,545,448 3,095,034 3,878,038 3,247,721 2,869,942 2,901,145 2,670,632 2,675,016 2,853,749 39,512,664
' PASNY: POWER AUTHORITY FOR THE STATE OF NEW YORK
^ REMVEC: RHODE ISLAND, EASTERN MASSACHUSETTS, VERMONT ENERGY CONTROL
ISO-NE: INDEPENDENT SYSTEM OPERATOR- NEW ENGLAND
NEMA: NORTHEAST MASSACHUSETTS
Page 4
1:27 PM
READING MUNICIPAL LIGHT DEPARTMENT
3131/2010
-
2011 BUDGET SUMMARY
DRAFT 1 3131110
-
OTHER EXPENSES:
-
-
MAINTENANCE EXPENSE:
JUL
AUG
SEP
- OCT
NOV
DEC
JAN
FES
MAR
APR
- MAY
, JUN
TOTAL
568 MTN OF TRANS. PLANT
250
250
250
250
250
250
250
250
250
250
250
250
3,000
590 MTN OF STRUCTURES
20,595
15,650
19,998
- 15,595
15,590 _
22,157
21,124
16,119
20,659
16,124
16,119
21,537
221,26S
593 MTN OF LINES - OH
97,878
93,680
103,844
97,440
89,600
107,904
100,748
90,880
105,444
98,720
90,880
134,626
1,211,643
694 MTN OF LINES - UG
16,929
17,029
17,185
16,919
16,909
17,261
16,988
16,932
17,214
16,942
16,932
17,222
204,462
595 MTN OF LINE TRANS.
14,042
5,292
5,292
11,542
5,292
5,292
14,042
5,292
5,292
11,542
5,292
5,288
93,500
595 MTN OF ST. LIGHTS
693
744
808
689
684
842
720
695
821
700
695
819
- 8,909
597 MAINT OF METERS
303
303 -
347
303
303
369
308
308
354
306
308
363
3,875
9321 MTN OF GEN PLANT
49,214
50,214
48,604
90,844
46,214
60,395
62,279
56,281
49,075
50,113
49,743
49,969
- 662,944
935 MTN OF GEN PLANT
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
132,000
TOTAL MAINTENANCE EXPENSES
'210,903
194,161
207,327
244,581
185,841
225,469
227,459
197,757
210,109
205,599
191,219
241,074
• 2,591,697
DEPRECIATION EXPENSE:
403 DEPRECIATION EXPENSE 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,667 291,663 3,500,000
OTHER TAXES:
408 OTHER TAXES (2% TOWN PAYMTS) 110,000 110,000 110,000 110,000 110,000 110,000 110,000 110,000 110,000 110,000 110,000 110,000 1,320,000
INTEREST ON CUSTOMER DEPOSITS:
419-2 INTEREST EXP ON OUST DEP 1,000 1,000 1,000 1,000 1,000 1,000 1,000' 1,000 1,000 1,000 1,000 1,000 12,000
Page 6
127 PM
3/31!<010
READING MUNICIPA, f DEPARTMENT
2011 BUDGET SUMMARY
REVENUE DETAIL:
RESIDENTIAL
SMALL COMMERCIAL
LARGE COMMERCIAL
STREET LIGHTING
COOP RESALE
TOTAL BASE REVENUE
TOTAL FUEL REVENUE
MDSE AND JOBBING
INTEREST INCOME
FORFEITED DISCOUNTS
TOTAL OTHER INCOME
PURCHASED POWER ADJMT
RATE REFUND
MISCELLANEOUS REVENUE
ENERGY CONSERVATION
TOTAL OTHER ADJMTS
TOTAL REVENUE
DRAFT 1 3131/10.
14 BUDGET 10 BUUGET 09 BUDGET 09 ACTUAL 08 ACTUAL 07 ACTUAL 06 ACTUAL 05 ACTUAL 04 ACTUAL
17,476,508
16,079,381
16,102,872
16,502,745
15,923,361
15,638,892
15,761,232
15,695,145
14,754,436
11,156,463
11,953,942
14,578,069,
12,1P2,927 '
13,275,710.
12,649,824
12,904,803
12,123,562
12,512,147
10,124,619
10,078,900
9,177,071
9,655,595
8,136,812
8,685,686
8,359,031
8,779,204
8,622,434
609,043
584,169
640,310_
_._...441,458
442,093
489,992
439,260
434,685
449,954
244,899
568,067
187,517
232,494
231,856
105,615
42,730
30,834
11,397
39,511,632
38,864,459
40,685,839
39,024,319
38,009,932
37,570,009
37,507,056
37,063,530
36,350,368
39,S00,000
42,458,883
54,551,431
52,848,748
4S,736,243
28,722,981
29,744,509
32,473,899
26,971,200
120,000
120,000
120,000
204,833
344,091
86,793
89,965
94,283
91,980
450,000
45%000
540,000
398,369
+
595,433
700,829
602,242
500,277
328,096
890,198
874,149
895,088.
859,519
847,882
786,531
749.336
682,242
827,895
1,460,198
1,444,149
11555,088
1,462,721
1,787,406
1,574,153
1,441,543
1,276,802
1.369,0 23
0
0
0
2,222,886
2,352,276
(654,879)
(21,177)
967,650
(483,689)
0
0
0
0
0
0
(2,921,885)
0
(3,489,661)
700,000
725,000
625,000
378,832
638,727
885,626
1,547,164
2,079,949
0
533,228
593.000
425,374
1,233,228
1,318,000
625,000
3,027,092
2,991,003
30,747
(1,395,898)
3,047,599
(3,973,550)
61,805,058
84,085,491
97,417,358
96,362,880
88,524,484
67,697,890
67,297910
73,861,830
60,717,041
Page 7
1.07 PM READING MUNICIPAL LIGHT DEPARTMENT
3.13112010 DRAFT 1 3131110
2011 BUDGET SUMMARY
ACCTICUSTSERVI - BOARDIGMIEO
BLDG DEPT MATS MGMT I MIS ENERGY SERVICE ENGINEERING GENERAL UNEIST LTIT-MEN METER DEPT CAB.I HR I SM / PR STATION
LABOR OTHER LABOR OTHER LABOR OTHER LABOR OTHER OTHER LABOR OTHER LABOR OTHER LABOR OTHER LABOR OTHER TOTAL
408 TOWN PAYMENT
403 DEPRECIATION EXPENSE
419 2 INT EXP CUST DEP
426 OTHER DEDUCTIONS
427 BOND INT EXP
428 AMORT OF DEBT EXP
55S PURCHASED POWER- BASE
547 PURCHASED POWER - FUEL
560 OPER SUPER & ENGIN-TRANS
561 OPER LABOR & EXP-TRANS
568 MAINT OF TRANS PLANT
580 OPER SUPER & ENGIN
581 OPERATION LABOR
581 1 OPERATION LABOR MISC
582 OPERATION SUPPLIES & EXP
585 STREET LIGHTING EXP
566 METER EXP
588 MISC DISTRIBUTION EXP
590 MAINT OF STRUCT & EQUIP
593 MAINT OF LINES OH
594 MAINT OF LINES UG
595 MAINT OF LINE TRANSFORMS
596 MAINT OF ST LT & SIG SYS.
597 MAINT OF METERS
902 METER READING LABOR & EXP
903 ACCT & COLL LABOR & EXP
904 UNCOLLECTABLE ACCTS
916 ENERGY AUDIT EXP
920 ADMIN & GENERAL SALARIES
921 1 OFFICE SUPPLIES EXP
923 OUTSIDE SERVICE EMPLOYED
924 PROPERTY INSURANCE
925 INJURIES & DAMAGES
925 EdIPLOYEES PENSION & BENFT
930 MISC GENERAL EXP
931 RENT EXPENSE .
9321 MAINT OF BUILDINGS
935 MTN GENERAL PLANT
2011 BUDGET DEPARTMENT DETAILS
2011 BUDGET DEPARTMENT TOTALS
2010 BUDGET DEPARTMENT DETAILS
2010 BUDGET DEPARTMENT TOTALS
TOTAL LABOR
TOTAL OTHER
TOTAL NON DEPARTMENT
POWER CONTRACTS
SUB-TOTAL
RETURN ON INVE~
1,320,000
1,320,000
- 3,500,000
3,500,600
-
12,060
12,000
2,225,000
2,735,000
0
0
0
0
-
27,711,574
27,7112574
-
39,512,564
39,512,664
0
0
'
3,OOD
_
3,000
423,958 18;972
-
442,930
86,292
5,000
91,292 -
390,904
143;500
534,404
-
414,694
14,736
428,830
25,530.
42,362
-
67,892
-
454,164
28,917
483,082
284,015
63,100 -
-
347,115
200,029
21,236
221,265
559,032
652,611 _
1,211,643
-
23,889
180,572
204,462
93;500
93,500
5,423
2,486
8,909
-
-
3,875
3,875
57,204
7,309
64,513
1,059,216
338,872
-
1,398,088
-
180,000
180,000
438,776
699,730
-
1,138,506
89,553
687,296 -
776,849 .
270,900
500
1,000
1,000
250
250
3,700
500
278,100
20,000
37,000
96,000
15,000
10,000
115,500
293,500
478,900
478,900
66,318
66,318
1,226,049
1,226,049
9,050
203,253
212,303
212,000
-
- -
212,000
153,664
509,280
-
662,944
132,000
132,000
153,664
529,280
1,343,231
1,021 872 438,776
796,230
423,958 34,972
2,092,870
1,005,778
1,024,782
511,369
36,476
6117,296 74,603,691
700,414
138,847
85,543506
682,944
2,365,103
1,235,006
458,930
2,092,870
2,030,560
547,645
75,290,987
839,262
65,543,506
151,542
494,090
1,418,785
968,930 434,547
821,713
365,456 48,730
1,927,539
1,017,248
857,289
451,211
41,034
687,087 76,508,466
587,106
166,593
86,947.374
645,632
2,387,715
1,256,259
- 414,196
1,927,539
1,874,536
492,245
77,195,552
753,699
86,947,373
2011 BUD
2010 BUD
VARIANCE
CHANGE
5,264,486
5,057,456
207,029
4.09%
5,997,783
5,802,430
195,353
3.37%
-
-
-
7,057,000
6,596,640
460,360
6.98%
-
67,224,238
77,382,417
(10,158,179)
-13.13% -
85,543,506
94,838,943
(9,295,437)
-9.80°%
,
2,175,000
2,112,725
62,275
2.95%
-
-
Page 8
1:08 PM READING MUNICIPAL LIGHT DEPARTN,
3/31/2010
2011 BUDGET SUMMARY
-
DRAFT 1 3131f10
2011
2D10
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
BUDGET
BUDGET
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
ACTUAL
408 TOWN PAYMENT
1,320,000
1,254,000
1,207,979
1,146,094
1;108,159
1,060,708
1,034,823
1;025,636
983,294
968,940
933,900
760,164
403 DEPRECIATION EXPENSE
3,500,OOD -
3,390,000
3,134,386
3,023,536
2,907,260
2,790,346
2,747,542
2,640,530
1,648,200
3,095,552
2,974,370
1,856,718
4192 INT.EXP CUST DEP
- 12,00D
15,000
15,366
25,174
17,974
14,839
16,019
35,006
43,090
43,839
51,524
1 .36,434
426 OTHER DEDUCTIONS -
2,225,00D
2,236,700
2,152,492
2,246,248
2,065,772
1,972,901
980,615
1,894,829
1,826,062
427 BOND INT EXP
0
4,444
31,029
57,154
83,187
_ 126,971
145,125
187,127
228.072
280,438
331,607
399,215
426 AMORT OF DEBT EXP'
0
1,500
3,515
3,515
3,515
4,405
2,547
5,294
5,294
7,150
7,425
9,351
555 PURCHASED POWER-BASE
27,711,574
26,794,251
26,370,544
-
22,255,559
19,812,376
16,842,081
16,970,964
16,665,307
16,555,423
21,966,132
26,405.037
25,136,296
547 PURCHASED POWER-FUEL
39.512,664
42,458,883
50,801,800
47,386,213
29,912,852
39,002,485
35,341,890
26,425,945
26,588,020
20,417,049
24,020,677
15,478,368
SUB-TOTAL
74281,238
76,154,778
83,717,111
76,143,493
55,912,095
61,814,737
57,239,625
48,879,674
47,877,455
46,779,100
54,724,540
43,676,537
560 OPER SUPER & ENGIN-TRANS
0
0
0
0
0
0
0
0
170
0
0
0
561 OPER LABOR & EXP TRANS
O
0
0
D
0
0
0
0
0
0
0
0
568 MAINT OF TRANS PLANT
3,000
3,000
2,725
2,725
1,363
5,204
2,725
2,725
2,725
2,725
2,725
3,007
580 OPFR SUPER 8, ENGIN
442,930
398,196
392,803
336,134
274,732
312,094
332,217
301,288
370,276
393,417
432,537
325,269
581 OPERATION LABOR
91,292
71,651
85,652
93,338
19,847
14,441
25,808
94,935
36,608
23,443
21,016
21,198
581 1 OPERATION LABOR MISC
534,404
576.553
640,702
711,028
614,D16
569,939
546,593
592,273
491,404
501,290
495,127
457,624
582 OPERATION SUPPLIES & EXP
428,830
423,826
471,412
506,497
501,200
451,641
459,973
397,963
483,563
520,797
480,955
373,194
585 STREET LIGHTING EXP
- 57,892
79,519
63,461
57,217
51,630
55,007
49,99D
246,153
370,268
361,288
278,172
194,163
586 METER EXP
483,082
424,973
404,781
407,975
388,053
396,747
411,863
403,152
384,289
401,254
459,870
426,112
588 MISC DISTRIBUTION EXP
347,115
345,498
345,336
336,825
331,153
302,205
291,999
279,749
185,682
211,561
279,713
255,710
590 MAINT OF STRUCT & EQUIP
221,265
158,859
237,938
338,049
266,573
232,857
290,059
264.774
265,933
244,571
254,152
219,943
593 MAINT OF LINES OH
1,211,643
1,060,849
1,231,453
1,452,545
1,229,260
1,362,307
1,181,880
1,025.299
1,887,887
1,898,529
2,093,362
1,456,045
594 MAINT OF LINES UG-
204,462
144,228
.161,997
125,587
199,657
90,081
69;500
74,032
131,686
168,777
172,418
83,234
595 MAINT OF LINE TRANSFORMS -
93,500
93,500
85,969
76,623
163,844
209,145
143,668
77,159
276,153
191,571
19,105
5,828
596 MAINT ST LT & SIG SYS
8,909
9,888
21
134
170
373
369
171
7,709
3,110
5.144
7,777
597 MAINT OF METERS
3,875
4,863
648
O
235
O
0"
417
. 1 OA57
29,185
23,797
- 10,738
902 METER READING LABOR & EXP
641513
66,772
71,122
67,664
84,042
85,983
74,858
64,407
74,606
69,341
72,472
1D4,026
903 ACCT & COLL LABOR & EXP
1,398,088
1,462,217
1,469,574
1,627,433
1,415,065
1,351,264
1,325,273
1,231,240
1,542,013
1,652,195
1,657,043
1,470,605
904 UNCOLLECTABLE ACCTS
180,000
150,000
232,021
123,770
. 74,738
100,868
61,850
93,737
72,664
107,715
60,628
311496
916 ENERGY AUDIT EXP
1,138,506
1,1051759
457,905
526,006
448,765
429,686
415,333
432,591
455,667
400,572
376,098
351,023
920 ADMIN & GENERAL SALARIES
776.849
776,201
768,719
756,274
734,842
714,600
698,777
716,292
551,874
705,224
892.696
728,421
9211 OFFICE SUPPLIES EXP
278,100
264,600
299,238
262,556
185,328
187,567
163,732
135,041
274,354
252,995
280.374
257,988
923 OUTSIDE SERVICE EMPLOYED
293,500
398,500
250,250
432,407
436,238
520,231
513,364
586,780
403,591
11027,61D
686,567
1,762.144
924 PROPERTY INSURANCE
478,900
443,150
342.197
320,770
326237
400,298
474,806
432,015
475,016
379,331
174,978
143,912
925 INJURIES & DAMAGES
66,318
60,039
48,140
64,724
75,771
72,625
65,117
72,025
72,177
59,850
58,159
46,683
926 EMPLOYEES PENSION & BENEFIT
1,226,049
1,093,185
1,687,372
1,125,167
1,266,443
1,241,128
921,382
1,358,465
1,337,310
901,688
- 588,932
506,415
930 MISC GENERAL EXP
212,303
223.038
157,646
180,580
192,925
150,913 -
191,042
177,457
209,425
287,449
565,091
444,695
931 RENT EXPENSE
212,000
212,000
193,965
197,991
194,111
- 185,652
188,490
178,255
153,341
168,567
71,272
57,204
9321 MAINT OF BUILDINGS
662,944
625,632
S89,055
522,458
500,254
546,306
602,447
684,801
605,890
546,786
679.415
536,744
93S MTN GENERAL PLANT
132,000
116,100
92,975-
98,762
101,785
96,660
93,630
166,392
168,550
160,568
148,387
146,576
916 ENERGY CONSERVATION
521,213 -
234,660
SUB-TOTAL
11,262.268
11,413,809
11,019,737
10,751,239
10,078,287
10,085,822
9,597,755
10,112,388
11,301,488
11,681,410
11,550,205
10,427,793
TOTAL OPERATING BUDGET EXPENSE
85,543,506
87,568,587
94,736,848
86,894,732
65,990,382
71,900,559
66,637,380
58,992,052
59,178,943
58,460,510
66,274,745
54,104,330
Page 9
2:15 PM'
313112016
- P.MLD
ENGINEERING AND OPERATIONS DIVISION BUDGET
2011 BUDGET SUF4fARY
DRAFT 1 3/31/10 -
ESO MGR 55 JUL AUG SEP OCT NOV DEC SAN FES MAR APR NAY JUN TOTAL
01-55-5920-101 LABOR REG
13,568
13,568
16,960
13,568
13,568
17,485
13,975
13,975
17,468
13,975
13,975
17,468
179,551
01-55-5920-102 LABOR OT
250
0
0
250
0
0
250
0
0
250
0
0
1,000.
01-55-5921-000 OFFICE SUPPLIES
42
42
42
42
42
42
42
42
42
42
42
38
500
01-55-5930-103 EE EDUCATION
1,500
0
O
3,000
0
0
3,100
0
0
1,400
0
0
9,000
01-55-5930-106 VEHICLE
359
469
371
359
349
384
362
- 352
375
362
352
378
4,472
01-55-5923-000 OUTSIDE SERVICES
625
625
625
625
625
625
625
625
625
625
625
625
7,500
01-55-5930-105 MISC GENERAL
42
42
42
42
42
42
42
42
42
42
42
38
500
SUB-TOTAL
16,386
14,746
18,040
17,866
14,626
18,577
18,396
15,036
18,552
16,696
15 ,036
18,547
202,524
ENGINEERING 65
01-65-5580-101 LABOR REG
28,669
28,669
36,695
26,669
28,669
39,320
29,474
29,474
37,701
29,474
29,474
37,672
383,958
01-65-5580-102 LABOR OT
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,337
40,000
01-65-5580-103 EE EDUCATION
2,500
0
0
2,500
0
0
2,500
0
0
2,50(1
0
0
10,000
01-65-5580-105 SUPPLIES
375
375
375
375
375
375
375
375
375
375
375
375
4,500
01-65-5580-106 VEHICLE
359
469
371
359
349
384
362
352
375
362
352
378
4,472
01-65-5921-000 OFFICE SUPPLIES
83
83
83
83
83
83
83
83
83
83
83
87
1,000
01-65-5923-000 OUTSIDE SERVICES
3,750
0
0
3,750
0
0
3,750
0
0
3,750
- 0
0
15,000
SUB-TOTAL 39.069 32,929 _40,857 39,069 32,809 43,495 39,877 33,617 41,866 39,877 33,617 41,84g.. 458,930
LINE 66
01-66-5568-109 IMINT OF TRANS EXP
250
250
250
250
250
250
250
250
250
250
250
250
3,000
01-66-5581-101 LABOR MISC
27,804
27,147
44,108
27,147
27,147
48,323
31,581
28,539
45,848
28,539
28,539
25,102
390,904
01-66-5581-109 GENERAL EXP
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,337
100,000
01-66-5581-103 BE EDUCATION
11,375
0
0
10,375
0
0
11,375
0
0
10,375
0
0
43,500
01-66-5585-109 STREET LIGHT MCP
1,667
1,667
- 1,657
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,663
20,000
01-66-5585-101 LABOR REG ST LIGHT
1,390
1,357
2,205
-1,357
1,357
2,416
1,579
1,427
2,292
1,427
1,427
2,294
20,530
01-66-5585-102 LABOR OT ST LIGHT
417
417
417
417
417
417
417
417
417
417
417
413
5,000
01-66-5585-106 VEHICLE ST LIGHT
1,797
2,347
1,856
1,797
1,747
1,919
1,810
11760
1,873
1,810
1,760
1,889
22,362
01-66-5593-109 MB.INT OF LINES
- 12,417
4,917
4,917
12,417
4,917
4,917
12,417
4,917
4,917
12,417
4,917
54,913
139,000
01-66-5593-101 LABOR REG NAINT LINE
21,604
21,167
34,263
21,167
21,167
37,898
24,337
22,309
35,691
22,309
22,309
14,612
299,032
01-66-5593-102 LABOR OT IMINT LINE
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,630
260,000
01-66-5593-106 VEHICLE MINT OH LINE
12,217
15,957
12,622
12,217.
11,877
13,047
12,306
11,966
12,733
12,306
11,966
12,848
152,063
01-78-5593-110 TREE TRIr24MG
29,969
29,969
30,373
29,969
29,969
30,373
30,018
30,018
30,433
30,018
30,018
30,423
361,548
01-66-5594-109 DRSINT UG LINE
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
174,000
01-66-5594-101 LABOR REG UG LINES
1,061
1,051
1,306
1,051
1,051
1,369
1,118
1,072
1,332
1,072
1,072,
1,332
13,889
01-66-5594-102 LABOR OT UG LINE
833
833
833
_ 833
833
833
838
_ 833
833
833
833
837
10,000-
OS-66-5594-106 VEHICLE UG LINE
534
644
S46
534
524
559
537
527
550
537
527
553
6,572
01-65-5596-109 ST LT G SIG EXP
21
21
21
21
21
21
21
21
21
21
21
19
- 250
01-66-5596-101 LABOR REG ST LT/SG
472
467
S80
467
467
608
497
477
592
477
477
592
6,173
01-66-5596-102 LABOR OT ST LT/SG
21
21
21
21
21
21
21
21
21
21
21
19
250
01-66-5596-106 VEHICLE ST LT/SG
180
235
186
100
175
192
181
176
187
181
176
189
2,236
.01-66-5921-000 OFFICE SUPPLIES.
21
21
21
21
21
21
21
21
21
21
21
19
250
SUB-TOTAL
169,553
152,992
180,695
166,412
148,132
189,353.
175,488
150,920
184,181
169, 200
150,920
293,714
2,030,560
Page 1
2.15 PM
313112M
F14M
ENGINEERING AND OPERATIONS DIVISION BUDGET
2011 BUDGET SUMMARY
DRAFT
1 3/31/10
METER READING 80
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEE
3IAR.
APR
MAY
JUN
TOTAL,
01-80-5902-301 LABOR REG
4,260
4,260
5,324
4,260
4,260
5,324
4,387
4,387
5,484
4,387
250
4,387
0
5,484
- 0
56,204
1
000
01-80-5902-102 LABOR OT
250
0
0
250
0
0
250.
0
0
0
0
.
0
,
600
01-80-5902-105 SUPPLIES
300
539
0
704
0
557
0
539
0
524
0
576
300
543
0
528
0
562
543
528
567
6,709
01-80-5902-106 VEHICLE
SUS-TOTAL
5,349
4,964
5,981
5,049
4,784
5,900
5,480
4,915
6,046
5,180 _
4,915
6,051
64,513
METER TECHNICIANS 67
-
01-67-5586-109 METER TECH EXP
1,083
1,083
1,083.
1,083
1,083
1,083
1,083
1,083
1,083
524
3
1,083
344
25
1,083
219
25
1,087.
724
32
_ 13,000
330
764
01-67-5586-101 LABOR REG
24,510
24,485
30,606
24,610
283
24,485
10
283
34,156
10
283
27,782
10
283
25,219
10
283
1,
283
10
,
10,283
,
10,283
,
10,287
,
123,400
01-67-5586-102 LABOR OT
10,283
10,283
10,283
10,
,
,
'
,
1
0
,
0
,
0
0
0
0
2;500
01-67-5586-103 EE EDUCATION
CLE
6
1,250
1
078
0
408
1
0
.1 114
0
1,078
0
1,048
0
1,151
,25
1,086
1,056
1,124
1,086 .
1,056
1,134
13,417
01-67-5586-10
VEHI
,
21
,
21
21
21
21
21
21
21
21
21
21
19
250
01-67-5921-000 OFFICE SUPPLIES
SUB-TOTAL
38,325
37 280
43,107
37,075
36,920
46,694
41,505
37,662
44,D35
37,817
37,662
45,251
483,332
STATION 68
01-68-5581-109 STATION OP
417
417
417
417
417
417
417
6
659
417
6
659
417
621
"8
417
659
6
- 417
659
6
413
640
8
5,000
86
292
01-68-5581-101 LABOR REG SUP
6,431
6,431
8,335 -
6,431
6,431
8,335
,
,
-
,
,
.
417
,
417
,
413
,
000
5
01-68-5582-109 STATION SUPPLIES
R REG
101
417
749
21
417
749
21
417
27,333
417
21,749
417
21,749
417
28,933
417
25,982
417
22,419
417
28,171
22,419
22,419
29,420
,
294,094
LABO
01-68-5582-
102 LABOR OT
,
10
000
,
000
10
000
10
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
120,000
01-60-5582-
,
875
1
,
0
,
0
875
1
0
0
1,875
0
0
1,875
0
0
7,500
01-68-5582-103 EE EDUCATION
,
,
0
0
0
0
0
0
0
0
01-68-5582-105 SUPPLIES
0
180
0
235
0
106
0
180
0
175
192
181
176
187
181
176
189
2,236
01-68-5582-106 VEHICLE -
49
46
688.
41
069
39
189
294
48
45,531
40,089
47,812
41,969
40,089
49,074
520,122
SUS-TOTAL
41,069
39,2
,
,
,
,
01-68-5590-109 SENIOR TECH EXP
R REG
5,000
13
832
0
832
13
0
229
18
0
13,832 .
0
13,832
'0
20,382
5,000
14,360
0
14,360
0
18,888
0
14,360
0
14,360
.0
19,761
10,000
190,029
01-68-5590-101 LABO
,
833
,
833
,
833
833
833
833
833
833
833
833
833
837
10,000
01-68-5590-102 LABOR OT
01-68-5590-103 EE EDUCATION
417
417
417
417
417
417
417
417
417
417
417
.413
5,000
01768-5590-105 SUPPLIES
333
333
333
333
333
333
333
333
333
187
333
181
333
176
337
189
4,000
236
2
01-68-5590-106 VEHICLE
ER MAINT
ISO
14
042
235
292
5
186
292
5
180
11,542
175
5,292
192
5,292
181
14,042
176
5,292
5,292
11,542
5,292
5,288
,
93,500
01-68-5595-000 TRANSFORM
,
,
3
,
83
83
83
83
83
83
83
83
83
87
1,000
01-68-5597-109 MAINT METERS
83
178
8
178
222
178
178
244
183
183
229
183
183
238
2,375
01-68-5597-101 LABOR REG
2
42
42
42
42
42
42
42
42
42
42
38
500
01-68-5597-102 LABOR OT
4
2
42
42
42
42
42
42
42
38
500
01-68-5921-000 OFFICE SUPPLIES
42
42
42
4
SUB-TOTAL
34
,981
21
,286
25
,679.
27
,481
21
226
27,
860
35,
516
21,
761
26,
346...
28,
016
21
,761
27
,226
319,
140
GRAND TOTAL
343
,732
303
,446
360
,946
334
,041
297,
686
380,
173
361,
792
309 4,
000
368
838
338,
755
304
,000
38l
'-112
4,079,
120
7
2:15 PM
l31/201G
RMLD
ESO MR DEPARTMENT
2011 BUDGET SUMMARY
.DRAFT 1 3/31110
COST CENTER 55
01-55-5920-101 LA50R REG
01-55-5920-102 LABOR OT
01-55-5921-000 OFFICE SUPPLIES
01-55-5930-103 EE EDUCATION
01-55-5930-105 VEHICLE
01-55-5923-000 OUTSIDE SERVICES
01-55-5930-105 MISC GENERAL
TOTAL
JUL AUG SEP OCT NOV DEC JAN EEB MAR' -APR MAY JUN TOTAL
23,568 -
13,568
16,960
13,568
13,568
17,485
13,975
13,975
17,460
13,97S
13,975
17,468
179,551
250
0
0
250
0
0
250
0
0
250
0
0
1,000
42
42
42
42
42
42
42
42
42
42
42
38
500
1,500.
0
0
3,000
0
0
3,100
0
0
1,400
D
0
9,000
359
469
371
359
349
384
362
352
375
362
352
378
4,472
625 -
625
625
625
625
625
625
625
625
625
625
625
7,500
42
42
42
42
42
42.
42
42
42
42
42
-38
500
16,386
14,746
18 040
17,886
14,626
18,577
18,396
15.036
18,552
16,696
15,036
18,547..
202 524
Page 3
2:15 PM
3/31/2010
RMLD
EGO MGR DETAIL BUDGET
DRAFT 1 3/31/10
01-55-5920-101 LABOR PEG
PAYROLL
NAME
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
14M
JUN
TOTAL
EGO MANAGER
9,112
9,112
11,390
9,112
9,112
11,390
9,385
9,385
11,732
9,385
9,385
11,732
120,233
OPERATIONAL ASSISTANT - ESO MGR
4,843
4,843
6,054
d,843
4,843
6,054
4,988
4,988
6,236
4,968
4,988
6,236
63,906
TOTAL SALARIES
13,955
13,955
17,444
13,955 _
13,955
17,444
14,374
14,374
17,967
14,374
14,374
17,967
184,139
LONGEVITY
0
0
0
0
0
525
0
0
0
0
0
0
525
- SUB-TOTAL
13,955
13,955
17,444
13,955
13,955
17,969
14,374
14,374
17,967
14,374
14,374
17,967
184,664
LESS: OP ASST-EGO (8% TO CAB)
(387)
(387) -
(484)
(387)
(387)
(484)
(399)
(399)
(499)
(399)
(399)
(499)
(5,112),
TOTAL
13,566
13,568
16,960
13,568
23,568
17,485
13,975
13,975
17,468
13,975
13,975
17,468
179,551
01-55-5920-102 LABOR OT -
OVERTIME 250 0 0. 250 0 0 250 0 0 250 0 0 1,000
TOTAL 250 0 0 250 0 0 250. 0 0 250 0 0 1,000
01-55-5921-000 OFFICE SUPPLIES
OFFICE EXPENSE 42 42 42 42 42 42 42' 42 42 42 42 38 500
TOTAL - 42 42 42 42 42 42 42 42 42 42 42 38 500
01-55-5930-103 EE EDUCATION
TUITION 0 0 0 1,600 0 - 0 1,600 0 0 0 0 0 3,200
TRAINING (PURMA., INS,.NEPPA, CONF) 1,500 0 0 1,400 0 0 1,500 0 0 1,400 - 0 0 5,800
TOTAL 1,500 0 0 3,000 0 0 3,100 0 0 1,40D 0 0 9,000
01-55-5930-106 VEHICLE - -
TRANSPORTATION 359 469 371 359 349 384 362 352 375 362 352 378 4,472
TOTAL 359 469 371 359 349 384 362 352 375 362 352 378 4,472
4
2:15 PM
3131/2010
RMLD
E60 MGR DETAIL BUDGET
01-55-5923-000 OUTSIDE SERVICES
NERC COMPLIM4CE
TOTAL
01-55-5930-105 MISC GENERAL
MEETINGS, PR CLOTHING, SUNDRY
TOTAL
DRAFT 1 3/31/10
JUL - AUG SEP OCT NOV DEC JAN FEB MAR - APR MAY JUN TOTAL
625 625' 625 625 625 625 625 625 625 625 625 625 7,500
625
625
625
625
625
625
625
625
625
625
625
625
7,500
- 42
42
42
42
42
42
42
42
42
42
92
38
500
42
42
42
42
42
- 42
42
42
42
42
42
38
500
Page 5
2:15 PM
3/31/2010
R6u.D
ENGINEERING DEPAR115ENT
' 2011 BUDGET SOMARY
DRAFT 1 3/31/10
COST CENTER 65 JUL AUG SEP OCT NOV DEC JAN FEB I21R APR 141Y JUN TOTAL
01-65-5580-101 LABOR REG
28,669
28,669
36,695
28,669
28,669
39,320
29,474
29,474
37,701
29,474
29,474
37,672
383,958
01-65-5580-102 LABOR OT
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,337
40,000
01-65-5580-103 EE EDUCATION
2,500
0
0
2,500
0
0
2,500
0
0
2,500
0
0
- 10,000
01-65-5580-105 SUPPLIES
375
375
375
375
375
375
375
375
375
375
375
375
- 4,500
01-65-5580-106 VESICLE
359
469
371
359
349
394
362
352
375
362
352
378
4,472
01-65-5921-000 OFFICE SUPPLIES
83
83
83
83
83
83
83
83
83
83
83
87
1,000
01-65-5923-000 OUTSIDE SERVICES
3,750
0
0
3,750
0
0
3,750
0
- 0
3,750
0
0
15,000
TOTAL
39,069
32,924__..
40,857
39 069
32,809
43,495
39,877
33,617
41,866
39,877
33,617
41,849
45B,930
9
2:15 PM
313 112 0 1 0
RFILD
ENGINEERING DETAIL BUDGET
01-65-5580-101 LABOR REG
DRAFT 1 3/31/10
PAYROLL
NAME -
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FED
MAR
APR
MAY
JUN
TOTAL,
ENGINEER PROJECT MGR
5,072
5,072
6,340
5,072
5,072
6,340
5,224
5,224
6,530
5,224
5,224
6,530
66,925
ENGINEER PROJECT MGR II
7,626
7,626 -
9,532
7,626
7,626
9,532
7,854
7,854
9,816
7,B54
7,854
9,818
100,620
CHIEF ENGINEER
8,122
8,122
10,152
8,122
6,122
10,152
6,365
8,365
10,457
8,365
8,365
10,457
107,165
ENGINEER PROJECT MGR 12
6,000
6,000
7,500
6,000
6,000
7,500
6;180
6,180
7,725
6,180
6,180
7,725
79,170
-
OPERATIONAL ASSISTANT - ENGIN
5t285
5,285
6 606
5,285
5,285
6,606
5,285
5,285
6,606.
5,285
5,285
6;606
68,
702.
TOTAL SALARIES
32,104
32,104
40,130
32,104
32,104
40,130
32,909
32,909
41,136
32,909
32,909
41,136
422,582
LONGEVITY
0
0
0
0
0
2,625
0
0
0
0
0
0
2,625
SUB-TOTAL
32,104
32,104
40,130
32,104
32,104
42,755
32,909
32,909
41,136
32,909
32,909
41,136
425,207
LESS: CAPITAL BUDGET TOTAL
(3,435)
(3,435)
(3,435)
(3,435)
(3,435)
(3,435)
(3,435)
(3,435)
53,435)
(3,435)
(3,435)
(3,464)
(41,217)
. TOTAL
28;669
28,669
36,695
28,669
28,669
39,320
29,474
29,474
37,701
29,474
29,474
37,672
383,990
01-65-5580-102 LABOR OT
OVERTIME (OUTAGES) 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,337 40,000
TOTAL 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,337 40,000
01-65-5580-103 EE EDUCATION
TRAINING
2,500
0
0
2,500
0
0
2,500
0
0
2,500
.0
0
10,000 '
TOTAL
2,500
0
0
2,500
0
0
2,500
0
0
2,500
0
0
10,000
01-65-5580-105 SUPPLIES
'
RLUEPRIIIT,tIAP,PLOTTER,SUPPLIES,80OTS
375
375
375
375
375
375
375
375
375
375
375
375
4,500
TOTAL -
375
375
375
375
375
375
375-
375
375
_ 375
_ 375
375
4,500
01-65-5560-106 VEHICLE
TRANSPORTATI010 359 469 371 359 349 384 362 352 375 362 352 378 4,472
TOTAL - 359 469 371 359 349 384 362 352 375 362 352 378 4,472
01-65-5921-000 OFFICE SUPPLIES - '
OFFICE EXPENSE 83 83 83 83 83 83 83 83 83 63 83 87 1,000
TOTAL 83 83 83 - 83 83 83 -83 83 83 83' 83 87 1,000
01-65-5923-000 OUTSIDE SERVICES
ENGII4EERIOG-STUDIES WILDWOOD STATION 3,750 0 0 3,750 0 0 3,750 0 0 31750 0 0 15,000
TOTAL - 3,750 0 - 0 3,750 0 0 3,750 0 0 3,750 _ 0 0 15,000
Page 7
2:15 PM
3/31/2010
RMLD
LINE DEPARTMENT
2011 BUDGET SUMMARY
DRAFT 1 3131/10
COST CENTER 66
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
TOTAL
-01-66-5560-109 25AINT OF TRANS EXP
250
250
250
250
250
250
- 250
250
250
250
250
250
3,000
01-66-5581-101 LABOR MISC.
27,804
27,147
44,108
27,147
27,147
48,323
31,581
28,539
45,848
28,539
28,539
26,182
390,904
01-66-5581-109 GENERAL EXP
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,333
8,337
100,000
01-66-5501-103 EE'EDUCATION
11,375
0
0
10,375
0
0
11,375.
0
0
10,375
0
-0
43,500
01-66-5585-109 STREET LIGHT EXP
1,667
1,667
1,667
1,667
1,667
1,667
1,567
1,667
1,667
1,667
1,667
1,663
20,000
01-66-5585-101 LABOR REG ST LIGHT
1,390
1;357
2,205
- 1,357
1,357
2,416
1,579
1,427
2,292
1,427
1,427
2,294
20,530 -
01-66-5585-102 LABOR OT ST LIGHT
417
417
417
417
417
417
417
417
417
417
- 417
413
5,000
01-66-5565-106 VEHICLE ST LIGHT
1,797
2,347
1,856
1,797
1,747
1,919.
1,810
1,760
1,873
1,810
1,760
1,889
22,362
01-66-5593-109 MAINZ OF LINES -
12,417
4,917
4,917
12,417
4,917
4,917
12,417
4,917
4,917
12,417
4,917.
54,913
139,000
01-66-5593-101 LABOR REG MAINT LINE
21,604
21,167
34,263
21,167
21,167
37,898
24,337
22,309
35,691
22,309
22,309
14,812
299,032
01-66-5593-102 LABOR OT MAINT LINE
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,670
21,630
260,000
4
2:15 PM
3/31/2016
RMLD
LINE DEPARTMENT
2011 BUDGET SU?*MRY
DRAFT 1 3/31/10
COST CENTER 66 JUL AUG . SEP OCT NOV DEC JAN SEE MAR APR MAY JUN TOTAL
01-66--5593-106 VEHICLE MAINT OR LINE
12,217
15,957
12,622
12,217
11,877
13,047
12,306
11,966
12,733
12,306
11,966
12,848
152,063
01-66-5594-109 MAINT UG LINE
14,500
14,500
14,500
- 14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
14,500
174,000
01-66-5594-101 LABOR REG UG LINES
1,061
1,051
1,306
1,051
1,051
1,369
1,118
1,072
1,332
1,072
1,072
1,332
13,889
01-66-5594-102 LABOR OT UG LINE
833
833
833
833
833
833
833
833
833
833
833
937
- 10,000
01-66-5594-106 VEHICLE UG LINE
534
644
546
534
524
559
537
527
550
537
527
553
6,572
01-66-5596-109 ST IT E SIG EXP
21
21
21
21
21
21
21
21
21
21
21
19
250
01-66-5596-501 LABOR REG ST LT/SG
472
467
580
467
467
608
497.
477
592
477
477
592
6,173
01766-5596-102 LABOR OT ST LT/SG
21
21
21
21
21
21
21
_ 21
21
21
21
19
250
01-66-5596-106 VEHICLE ST LT/SG
180
235
186
180
175
192
181
176
187
181
176
189
2,236
01-66-5921-000 OFFICE SUPPLIES
21
21
21
21
21
21
21
21
21
21
21
19
250
01-78-5593-110 TREE TRIMMING
29,969
29,969
30,373
29,969
-29,969
30,373
30,018
30,018
30,433
30,018
30,018
30,423
361,548
TOTAL
168,553
152,992
180,695
166,412
148,132
189,353
175,488
150.920
184,181
169,200
150,920
193,714
2,030,560
Page 9
2:15 PM
3/31/2010
LABOR SUMMARY
NAME
LEADER LINEMAN
LEADER LINEMAN
LEADER LINE'l3AN
LEADER LINEMAN
LEADER LINEMAN
LINEbW FIRST CLASS
LINEMAN FIRST CLASS
LINEa41N FIRST CLASS
LINEMAN FIRST CLASS
LINEMAN. FIRST CLASS
LINEMAN FIRST CLASS
LINEMAN FIRST CLASS
LINRIIIW FIRST CLASS
LINEMAN
LINEl-W
LINEMAN
LINEMAN
TROUBLEMAN
TROUBLEMAN - REPLACEMENT RIRE
TOTAL SALARIES
OUT OF CLASS / STBY / SHIFT
LONGEVITY
CLOTBING
VACATION BUYBACK
SUB-TOTAL
LESS: CAPITAL BUDGET TOTAL
TOTAL LABOR EXPENSE SUL@LARY
01-66-5581-101 LABOR REG MISC
01-66-5585-101 LABOR REG ST IT
01-66-5593-101 LABOR REG MINT LIN
01-66-5594-101 LABOR REG-UG
01-66-5596-101 LABOR REG ST IT SG
GENERAL, LINE FOREMAN
LONGEVITY
TOTAL LABOR
LESS: CAPITAL BUDGET TOTAL
O1-66-5593-101 LABOR REG HAINT LINE
GRAND TOTAL
RMLD
LINE DETAIL BUDGET
DRAFT 1 3/31/10
PAYROLL
JUL AUG SEP - OCT NOV DEC JAN FEB MAR APR MAY JUN TOTAL
760
6
6
760
8,450
6,760
6,760
8,450
6,963
6,963
8,704
6,963
6,963
8,704
89,198
,
760
6
,
760
-6
8,450
6,760
6,760
8,450
6,963
6,963
8,704
6,963
6,963
8,704
89,196
,
760
6
,
6
760
8,450
6,760
6,760
8,450
6,963
6,963
8,704
6,963
6,963
8,704
89,198
,
760
6
,
760
6
8,450
6,760
6,760
8,450
6,963
6,963
8,704
6,963
6,963
8,704
89,198
,
760
6
,
760
6
8,450
6,760
8,450
6,963
6,963
8,704
6,963
6,963
8,704
89,198
,
253
6
,
253
6
7,816
6,253
6,25$
7,816
5,313
5,313
6,641
5,323.
5,313
6,641
75,179
,
253
6
,
158
5
5,448
5,158
5,158
6,448
5,313
5,313
6,641
5,313
5,313
6,641
69,159
,
253
6
,
6
253
7,816
6,253
6,253
7,816
6,440
6,440
8,050
6,440
6,440
8,050
82,506
,
6
253
,
6,253
7,816
6,253
6,253
7,816
6,440
6,440
8,050
6,440
6,440
8,050
82,506
,
253
6
6
253
7,816
6,253
6,253
7,816
6,440
6,440
8,050
6,440
6,440
8,050
82,506
,
253
6
,
6
253
7,816
6,253
6,253
7,816
6,440
6,440
8,050
6,440
6;440
8,050
62,506
-
,
253
6
,
253
6
7,816
6,253
6,253
7,816
6,253
6,253
7,816
6,253
6,253
7,816
81,286
,
6,253
,
6,253
7,816
6,253-
6,253
7,816
6,440
6,440
8,050
6,440
6,440
8,050
840
5
02,506
60
736
672
4
4
672
5,840
4,672
4,672
5,840
4,672
4,672
5,840
4,672
4,672
,
,
,
181
4
,
4
181
5,226
4,181
4,181
5,226
4,560
4,560
5,700
4,560
4,560
5,700
56,815
,
181
4
,
4,181
5,226
4,181
41181
5,226
4,560
4,560
5,700
4,560
4,560
5,700
56,615
,
181
4
4
181
5,226
4,181
'4,181
5,226
4,181
4,181
5,226
4,181
4,181-
5,226
54,356
,
566
6
,
6,566
B,20B
6,566
6,566
8,208
6,763
6,763
8,454
6,763
6,763
8,454
86,644
,
6,566
6,566
R,208
6,566
6.566
8,208
6 763
6 763
9,45 4
6j763
6,763
8,454
86 644
114,170
113,075
141,344
113,075
113,075
141,344 _
115,395
115,395
144,243
115,395
115,395
144,243
1,486,148
3
750
3,750
3,750
3,750
3,750
3,750
3,750
3,750
3,750
3,750
3,750
3,750
45,000
,
0 -
0
0
0
0
7,025
0
0
0
0
0
0
7,(Y25
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
a
s 070
0
0
0
D
0
5 070
117,920
116,825
145,094
116,825
116,825
152,119
124,215
119,145
147,993
119,145
119,145
147,993
1,543,243
71,580)
71,5 . 80)
(71 580)
(71 580)
(71 580)
(71,580)
(71 580)
(71,580)._.
(71 580)
(71 580)
(71,580)
{71,541)
(856.,921)
46,340
45,245
73,514
45,245
45,245
80,539
52,635
47,565
76,413
47,565-
47,565
76,452
684,322
154
7
7,154
8,942
7,154
7,154
8,942
7,368
7,368
9,210
7,368
7,368
9,Zlu
yw,sy~
,
0
0
0
0
0
825
0
0
0
0
0
0
825
7,154
7,154
8,942
7,154
7,154
9,767
7,368
7,368
9,210
7,368
_ 7,368
9,210
95,217
(4,085)
(4,085)
(4 085)
(4,085)
(4,085)
(4,085)
14,085)
(4,085)
(4,0851
(4,085)
(4,085)
(4,076)_
_ (49,011)
3,069
3,069
4,857
3,069
3,069
5,682
3,283
3,283
5,125
3,283
3,283
5,134
46,206
99 408
48 324
78 371
46 314
48,314 -
86 221
55,918
50,848
$1,539
50,848
50,B48
81 587
'730,528
10
2:15 PM
3131/2010
01-66-5568-109 MAINT OF TRANS EXP
MBTA RENT
TOTAL
01-66-5581-1D9 GENERAL EY--
GLOVES,TAPE, RAND TOOLS, PAIN GEAR
TOTAL
01-66-5581-103 BE EDUCATION
NEPPA AND SAFETY TRAINING
TUITION
TOTAL
01-66-5585-109 STREET LIGHT EXP
MATERIALS
TOTAL
01-66-5585-102 LABOR OT ST LIGHT
OVERTIME (T-MAN COVERAGE)
TOTAL
01-66-5585-106 VEHICLE ST LIGHT
TRANSPORTATION
TOTAL
01-66-5593-109 MINT OF LINES
PONCE DETAIL TOTAL
LESS POLICE CAPITAL BUDGET TOTAL
LESS POLICE TREE TRIMMING
I17iL'N'fORY WRITE-OFF
PADMOUNT XFORMER REMOVAL - ALL
STATION 4 GETAWAY MOO-CABLE REMVL
OTHER
TOTAL
MID
•
LINE DETAIL BUDGET
-
DRAFT 1
3/31/10
-
JUL
AUG
SEP
OCT
NOV DEC
TAN
EBB
MAR
APR
MAX
JUN
TOTAL
250
250
250
250
250 250
250
250
250
250
250
250
3,000
250
250
250
250
250 250
250
250
250
250
250
250
3,000
8,333
8,333
8,333
8,333
8,333 8,333
8,333
8,333
8,333
8,333
8,333
8,337
100,000
8,333
8,333
8,333
8,333
B.,333 8,333
8,333
8,333
'8,333
8,333
8,333
8,337
100,000
10,375
0
0
10,375
0
0
10,375
0
-0
10,375
0
0
41,500
1,000
0
0
0
0
0
1,000
0
0
0_
0
0
2,000
it 375
0
0
10,375
0
0
11,375
0
0
10 375
0
0
43,500
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,663
20,000-
-1 1,667
1,667
1,667
1,667
1,657
1,66-7
1,667
2,667
1,667
1,66-7
1,667
1,663
20,000
417
417
417
417
417
417
417
417
417
417
417
413
5,000
417
417
417
417
417
417-
417
417
417
417
417
413
5,000.
1,797
2,347
1,856
1,797
1,747
1,919
1,810
1,760
1,873
1,810
1,760
1,889
22,362
1.797
2,347
1,856
1,797
1,747
1919
1,810
1'.760
1,873
1 810
1,760
2 889-
,
22362
20,000
20,000
20,000
20,000
'20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
240,000
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(13,000)
(156,000)
(2,333)
(2,333)
(2,333)
(2,333)
(2,333)
(2,333)
(2,333)
(2,333) -
(2,333)
(2,333)
.(2,333)
(2,337)
(28,000)
0
0
0
_0
0
0
0
0.
0
0
0
50,000
50,000
2,500
-0
0
2,500
0
0
2,500
0
0
2,500
0
0
10,000
5,000
0
0
5,000
0
0
5,000
0
0
5,000
0
0
20,000
250
250
250
250
250
250
250
250
250
250 _
250
250
3,000
22,417
4,917
4,917
12,417
4,917
4,917
12,417
4,917
4,917
12,417
4,911
54,913
139,000
Page 11
2:15 PM
3/3112010
RMID
LINE DETAIL BUDGET
DRAFT 1 3/31/10
JUL AUG SEP OCT NOV DEC JAN FEE MAR APR MAY JUN TOTAL
01-66-5593-102 LABOR OT MAINT LIRE
OVERTIME (INCLUDES STORMS) , 33,810 33,810 33,810 33,810 - 33,810 33,810 33,810 33,810 33,810 33,810 33,810 33,784 405,694
LESS: CAPITAL BUDGET OVERTIME (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,140) (12,154) (145,694)
TOTAL 21,670 21,670 21, 670 21,670 21,670 - 2L.670 21,670. 21,670 21,670 21,670, 21,670 21 630 260,000
01-66-5593-106 VEHICLE MAINT OR LINE
TRANSPORTATION 12,217 15,957 12,622 12,217 11,877 13,047 12,306 11,966 12,733 12,306 11,966 12,848 152,063
TOTAL 12,217 15,9S7 12 622 12,217 11,977' 13 047 12,306 11,966 12,733 12,306 11,966 22,848 - 152,063
01-66-5594-109 MAINT UG LINE
1 CONTRACT 2 MAN CREW
24,583
24,583
24,583
24,583
24,583
24,583
24,583
24,583
24,563
24,583
24,583
24,587
295,000
0
LESS CAPITAL BUDGET TOTAL
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
(10,500)
)
(126,00
000
POLICE DETAILS
417
- 417
417
417
417
417
417
417
417
417
417
413
5,
14
500
500
14
19 500
14,500
14,500
.14 500
- 14,500
14,500
14,500
14,500'
14,500
14,500
174,000
TOTAL
,
,
01-66-5594-102 LABOR OT UG LINE
833
833
833
833
833
833
833
- 833
833
833
.83T
-
10,000
OVERTIME -
833
TOTAL
833
833
833
833
- 833
833
833
833
.833
833
833
837
SO 000
01-66-5594-106 VEHICLE UG LINE
1 CONTRACT 2 MAN CREW
LESS CAPITAL BUDGET TOTAL
TRANSPORTATION
250
(75)
359
250
(75)
469
250
(75)
371
250
(75)
359
250
(75)
349
250
(75)
384
250
(75)
362
250
(75)
.352
250
(75)
375
250
(75)
362
250
(75)
352
250
(75)
378
3,000
(900)
4,472
TOTAL
534
644
546
534
524
559
537
527
550
537
527
553-
6 572
01-66-5596-109 ST LT & SIG EXP
RISC
21
21
21
21
21
21
21
21
21
21
21
19
250
TOTAL -
21
22
21
21
21
21
21
21
21
21
21
19
250
01-66-5596-102 LABOR OT ST LT/SG
OVERTIME
TOTAL -
01-66-5596-106 VEHICLE ST LT/SG
TRANSFORTATION
TOTAL
21 21 21 21 21 21 21 21 21 21 21 19 250
21 21 21 21 21 21 21 .21 21 2Z 21 19 250
160 235 186 ISO 175 192 181 176. 187 181 176 189 2,236_..
180 235 186 180 175 192 181 176 187 181 176 189 2,236
r •2
2:15 PM
313112 0 1 0
Rbl D
LIDTF DETAIL, BUDGET
DRAFT 1 3/31/10
JUL
AUG
SEP
OCT
NOV
DEC
JAN
Eva
MAR
APR
11AY
JUTS
TOTAL
01-66-5921-000 OFFICE SUPPLIES
'
OFFICE EXPENSE
21
21
21
21
21
21
21
21
21
21
21
19
250 .
TOTAL
21
21
21
21
- 21
21
21
21
21
21
21'
19
250
01-78-5593-110 TREE TRT MNG
1.5 COlRTRACT CHEWS
24,292
.24,292
24,292
24,292
24,292 -
24,292
24,292
24,292
24,292
24,292
24,292
24,288
291,500
STORM RESPONSE (90 HRS FOR 2 CRETIS)
1,313
1,313
1,313
1,313
1,313
1,313
1,313
1,313
1,313
1,313
1,313
1,307 -
15,750
POLICE DE'T'AIL
2,333
2,333
2,333
2,333
2,333
2,333
2,333
2,333
2,333
2,333
2,333
2,337
28,000
WASTE DISPOSAL (CHIPPED MATERIALS)
417
417
417
417
417
417
417
417
417
417
417
413
_ 5,000
ADD: OP ASST - HETER (40%) -
1,614
1,614
2,018
1,614
1,614
2,018
1,663
1,663
2,078
1,663
1,563
2,078
21,298
TOTAL
29,969
29,969
30,373
29,969
29,969
30,373
30,018
30,019'
30,433
30,018
30,018
30,423
361,548
Page 13
2:15 PM
3/31/2010
R14M
METER DEPARTMENT
2011 BUDGET SUmMRY
DRAFT 1 3/31/10
COST CENTER 67/80 JUL AUG SEP OCT NOV DEC . JAN FEB IMR APR MAY JUN TOTAL
01-67-5586-109 METER TECH ESP
1,083
1,083
1,083
1,083
1,083
1,083
1,083
1,083
1,083
1,083
1,083
1,087
13,000
01-67-5586-101 LABOR REG
24,610
24,485
30,606
24,610
24,485
34,156
27,782
25,219
31,524
25,344
25,219
32,724
330,764
01-67-5586-102 LABOR OT
10,283
10,283
10,283
10,293
10,283
10,283
10,283
10,283
10,283
10,283
10,283
10,287
123,400
01-67-5586-103 EE EDUCATION
- 1,250
0
0
0
0
O
1,250
0
0
0-
0
0
2,500
01-67-5586-106 VEHICLE
1,078
1,408
1,114
1,078
1,04B
1,151
1,086
1,056
1,124
.1,086
1,056
1,134
13,417
01-67-5921-000 OFFICE SUPPLIES
21
21
21
21
21
21
21
21
21
21
21
19
250
01-80-5902-101 LABOR REG
4,260
4,260
5,324
4,260
4,260
5,324
4,387
4,387
5,484
4,367
4,387
5,484
56,204
01-80-5902-102 LABOR OT
250
0
0
250
0
0
250
0
0
250
0
0
1,000
01-80-5902-105 SUPPLIES
-300
0
0
0
0
0
300
0
0
0
0
0
- 600
01-80-5902-106 VEHICLE
539
704
557
539
524
- 576
- 543
528
562
543
528
567
6,709
TOTAL-
43,673
42,243
48,988
42,123
41,703
52,594..
46,985
42,577
50,081
42,997 _
42,577
51.302
S47,B45 _
4
2:15 PM'
3/31/2014
RMLD
METER DETAIL BUDGET
DRAFT 1 3131/10
PAYROLL
01-67-5586-101 LABOR REG
NAME
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APA
MAY
JUN
TOTAL
METER SUPERVISOR
5,876
- 5,878
7,348
5,878
5,878
7,348
6,055
6,055
7,568
6,055
6,055
7,569
77,565
METER TECHNICIAN / READER -
4,733
4,733
- 5,916
4,733
4,733
5,916
4,875
4,875
6,093
4,975
4,875
6,093
62,449
METER TECHNICIAN / READER
4,733 -
4,733
5,915
4,733
4,733
5,916
4,875
4,875
6,093
4,875
4,875
6,093
62,449
SENIOR METER TECHNICIAN
5,637
5,637
7,046
5,637
5,637
7,046
5,806
5,806
7,257
5,806
5,806
7,257
74,378.
SENIOR METER TECHNICIAN
5,342
5,342
6,679
5,342
5,342
6,678
5,503
5,503
6,079
5,503
51503
6,878-
70,493
OPERATIONAL ASSISTANT - METER
4,035
4,035
5,044
4,035
4,035
5,044
4,156
4,156
5,195
4,156
4,156
5,195
-53,244
TOTAL SALARIES
30,359
30,358
37,948
30,358
30,358
37,948
31,269
31,269
39,086
31,269
31,269
39,086
400,579
OUT OF CLASS
125
0
0
125
0
0
125
0
- 0
125
0
0
500
LONGEVITY / CLOTHING / VAC BB
0
0
0
0
0
3,550
2,437
0
0
0
0
1,200. _
7,187
saB-TOTAL
30,483
30,358
37,948
30,483
30,358
41,498
33,832
31,269
39,086
31,394
31,269
40,286
408,266
LESS: METEP, TECH/READ (70%) TO 902
(3,313)
(3,313)
(4,141)
(3,313)
(3,313)
(4,141)
(3,412)
(3,412)
(4,265)
(3,412)
(3,412)
(4,265)
(43,715)
LESS: METER TECH/READ (20%) TO 902
(947)
(947)
(1,183)
(947)
(947)
(1,183)
(975)
(975)
(1,219)
(975)
(975).
(L 219)
(12,490)
LESS: OP ASST - METER (40%) TO 593
(1,614)
(1,614)
(2,018)
(1,614)
(1,614)
(2,018)
(1,663)
(1,663)
(2.,078)
(1,663)
(1,663)
(2,078)
(21,298)
TOTAL -
24,610
24,465
30,606-
24,610
24 485
34,156
27,782..
25 219-
31,524
25,344
25,219
32,724
330,764
01-67-5586-102 LABOR OT -
)4ETER TECH OVERTIME 20;150 20,150 20,150 20,150 20,150 20,150 20,150 20,150 20,150 20,150 20,150 20,158 241,808
LESS CAPITAL BUDGET (9,867) (9,667) (91867) (9,867) (9,867) (9,867) (9,867) (9,867) (9,867) (9,867) (9,867) (9,871) (118,408)
TOTAL 10,293 10,283 10,203 10,283 10,283 10,283 10,283 _ _10,283 _ 10,283 14 283 10,283 10,2 . 87 123,400
Page 15
2:15 PM
3/31/2010
P 24M
METER DETAIL BUDGET
DRAFT 1 3/31/10
JUL AUG SEP OCT NOV DEC SAN FES MAR APR MAY JUN TOTAL
01-67-5586-103 EE EDUCATION. -
MG4T TRAINING 250 0 0 0 0 0 '250 0 0 0 0 0 504
SAFETY TRAINING 1,000" D 0 0 •0 O 1,000 0 0- 0 0 0 2,000
TOTAL 1,250 D 0 0 0 0 1,250 0 0 0- 0_ 2,500
01-67-5586-106 VEHICLE '
TRANSPORTATION 1,078 1,408 1,114 1,076 3,048 1,153 1,086 1,056 1,124 1,086 1,056 3,194 .13,417
TOTAL 1 ,07.8 1,40B 1,114 1,078 1,048 1,152 1 085 1,056 1,124 1,086 - 1,056 1,134 _ 13,417
01-67-5586-109 METER TECH EXP
TOOLING, ITRON REPAIRS, CALIBRATIONS 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,087 13,000
BOOTS, RAIN GEAR
TOTAL 2 083 1,083 1,08 3 1 083 1,083 SOB3 1,083 1,083 1,083 1,083 1,083 1,087 _13,000
01-67-5921-000 OFFICE SUPPLIES
OFFICE EXPENSE
TOTAL,
01-80-5902-101 LABOR REG
METER TECH/READER (708)
METER TECB/READER (20%)
TOTAL
01-80-5902-102 LABOR OT
OVERTIME
TOTAL
01-80-5902-105 SUPPLIES
BOOTS, RAIN GEAR
TOTAL,
01-80-5902-106 VEHICLE
TRANSPORTATION
TOTAL.
21 21 21 21 21 21 21 21 21 21 21 19 250
21 21 21 21 21 21 21 21 21 21 21 19 250
3,313 3,313 4,141 3,313 3,313 4,141 3,412 3,412 4,265 3,412 3,412 4,265 43,715
947 947 1,183 947 947 183 975 975 1,219 975 975 1,219 12,490
4,260 4 260 5,324 4,260 4 2fi0 5 324 9 38T 4,387 5,484 4,387 4,387 5,48456,204
250 D -0 250 0 0 250 0 0 250 0 0 1,000
250 0 0 250 0 0 -250 0 0 250 _0 _ 0 1 000
300 0 0 0 0 0 300 0 0 0 0 0 600
300 0 0 0 D 0 300 0 0 0 0 0 600
539 704 557 539 524 576 543 526 562 543 528 567 6,709
539 704 557 539 524 576 543 528 562 543 528 567 - 6,709
46
2:15 PM
3!31(2010
MILD
STATION DEPARTMENT
2011 BUDGET SDMMAP•Y
DRAFT 1 3131110
COST CENTER 68
JUL
AUG
SEP
OCT
NOV
DEC
JAN.
FEB
MAR
APR
!SAY
JUN
TOTAL,
01-68-5581-109 STATION OP
417
417
417
417
417
417
417
417
417
417
417
413
5,000
01-68-5581-101 LABOR REG SUP
6,431
6,431
8,335
6,431
6,431
8,335
6,659 '
- 6,659
8,621
6,659
6,659
8,640
86,292
01-68-5582-109 STATION SUPPLIES
417
417
417
417
417
417
- 417
417
417
417
417
413
5,000
01-68-5582-101 LABOR REG
21,749
21,749
27,333
21,749
21,749
28,933
25,982
22,419
28,171
22,419
22,419
29,420
294,094
01-68-5582-102 LABOR OT
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
120,000-
01-60-5552-103 EE EDUCATION
1,875
0
0
1,875
0
0
1,875
0
0
1,875
0
0
7,500
01-68-5582-106 VEHICLE
180
235
186
180
175
192
181
176
187
181
176
189
2,236 "
SUB - TOTAL
41,069
39,249
46,688
41,069
39,189
48,294
45,531.
40,089
47,812
41,969
40,089
49,074 _
524,122 _
Page 17
2:15 PM
3/31/2010
RMJLD
STATION DEPARTMENT
2011 BUDGET SUJCdARY
DRAFT 1 3/31/10
COST CENTER 68
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
TEAR
- - APR
MAY
JUN
TOTAL
01-68-5595-000 TRANSFORMER MAINT
14,042
5,292
5,292
11,542
5,292
5,292
14,042
5,292
5,292
- 11,542
5,292
5,288
93,500
01x68-5597-109 MINT METERS
83
83
83
83
B3
83
83
83
83
83
83
87
1,000
01-68-5597-101 LABOR REG
178
178
222
178
178
244
183
183
229
183
183
238
2,375
01-68-5597-102 LABOR OT
42
42
42
- 42
42
42
42
42
42
42
42
38
500
01-68-5590-109 SENIOR TECH E}CP
5,000
0
p
p-
0
0
5,000
0
0
0
0
0
10,000
01-68-5590-101 LABOR REG.
13,832
13,832
18,229
13,832
13,832
20,382
14,360
14,360
18,888
14,360
14,360
19,761
190,029
01-68-5590-102-LABOR OT
833
833
833
833
833
- 833
833
833
833
833
833
837
10,000
01-68-5590-103 BE EDUCATION -
417
417
417
417
417
417
417
417
417
417
417
413
-5,000
01-68-5590-105 SUPPLIES
333
333
333
333
333
333
333
333
333
333
333
337
4,000
01-66-5590-106 VEHICLE
160
235
186
180
175
192
181
176
187
181
176
169
2,236
01-68-5921-000 OFFICE SUPPLIES
42
42
42
42
42
42
42
42
42
42
42
38
500
SUB - TOTAL
34,981
21,286
25,679.
27,481
21,226
27,960
.35 516
21,761
26,346
28,016
21,761
27,226
319,140
TOTAL
76,051
60,536
72 36fi
68,551
60,416
76 154
81 047
61,850
74 159
69 965
61 850
76,300
839,262
18
2:15 PM'
313 112 0 1 0
RMLD
STATION DETAIL BUDGET
01-68-5582-101 LABOR REG
STATION MANAGER.
STATION OPERATOR
STATION OPERATOR
STATION OPERATOR
STATION OPERATOR
STATION OPERATOR
TOTAL SALARIES
LONGEVITY
VACATION BUYBACK
SUB-TOTAL LABOR
LESS: STATION SUPERVISOR (100% TO 581)
LESS: CAPITAL BUDGET TOTAL
TOTAL
01-68-5581-101 SUPERVISE REG LABOR
ADD: STATION SUPERVISOR (100%)
LESS: CAPITAL BUDGET TOTAL
TOTAL
PAYROLL
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
- MAR -
APR
MAY
JUN-.
TOTAL
7,616
7,616
9,520
7,616
7,616
9,520
7,844
7,844
9,806
7,844
7,844
9,806
100,493
4,611
4,611
5,764
4,611
4,611
5,764
4,750
4,750
5,937
4,750
4,750
5,937
60,845
4,611
4,611
5,764
4,611
4,611
5,764
4,750
4,750
5,937
4,750
- 4,750
5,937
60,845
3,890
3,890
4,862 '
- 3,890
3,890
4,862
4,006
4,009
5,008
4,006
4,006
5,008
51,323
4,611
4,611
5,764
4,611-
4,611
5,764
4,750
4,750
5,937
4,750
4,750
5,937
60,845
4,611
4,611.
_5,764
4,611
4,611
5 764
4,750
4,750
5,937
4,750
4,750
5,937
i0,845
29,950
29,950
37,438
29,950
29,950
37,438
30,849
30,849
38,561
30,849
30,849
38,561
395,196
0
0
0
0
0
1,600
0
0
0
0
0
1,250
- 2,850
0
0
0
0
0
0
3,562_
0
0
0
0
_ 0
3,562
29,950
29,950
37,438
29,950
29,950
39,038
34,411
30,849
38,561
30,849
30,849
39,811
401,608
(7,616)
(7,616)
(9,520)
(7,616)
(7,616)
(9,520)
(7,944)
(7,844)
(91806)
(7,844)
(7,844)
(9,806)
(100,493)
(585)
(585)
(585)
(585)
(585)
.(585)
(585)
(585)
(585)
(585)
(585)
(586) -
(7,021)
21,749
21,749
27,333
21,749
21,749
28,933
25,982
22,419
28,171
22,419__
22,419
29,420
294 094
.
7,616 7,616 9,520 7,616 7,616 9,520 7,844 7,844 9,806 7,844 7,844 9,806 100,493
(1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,185) (1,166) (14,201)
6,431 6 431 8,335 6,431 6,431 8,335 6,659.__._ 6,659 8,621 6,659 6,659 8,640 86,292
01-68-5581-109 STATION OP
DIG SAFE 1,MMERSBIP
417
417
417
417
417
417
417
417
417
417
417
413
5,000
TOTAL -
417
417
917
927
417
417
417
417
417
417
417
al3
5,000
01-68-5582-109 STATION SUPPLIES
417
417
417
417
417
417
417
417
417
417
417
413
5,000
MATERIMS, BOOTS, GEAR,
.
' TOTAL,
417
417
41Y
417
417
417
417-
417
417
_ 417
_ 417
_ 413
5,000
01-68-5582-102 LABOR OT
OVERTIME - FILL IN VAC, PER, SJCK, RREG
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
120,000
TOTAL
10,000
10,000
10,000
i0 000
1L.000.,
10,000
10,000
10,000
10,000
10,000
_ 10,000
10,000
120,000
Page 19
2:15 PM
3/31/2010
RMLD
STATION DETAIL BUDGET
-
DRAFT
1 3/31/10
-
JUL
AVG
SEP
OCT
. NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
TOTAL
01-68-5582-103 BE EDUCATION
TRAINING - HAZIdAP, NSPPA, ffi9TR_AF
TOTAL
1,875
1,815
0
0
_ 0
0
1,875
1 075
0
0
0
0
1,875
1,975
0
0
0
0
1,875
1,875
0
0
0
0
7,500
7,500
01-68-5582-106 VEHICLE
TRANSPORTATION
TOTAL
180
-180
235
235
286
186
180
180
175
175
192
192
181
181
176
176
187
187
181
181
176
176
189
189
2,236
2,236
01-68-5595-000 TRANSFORMER MAINS 167 4,167 4,167 4,167 4,167 4,167 4,167 4,163 50,000
HAZARDOUS MATERIAL 4,167 4,167 4,167 4,167 4, -
TRANSFORMER REPAIRS: - 0 0 2,500 0 0 0 0 0 5,000 -
MATERIALS/PARTS 2,500 0 0 0
DISPOSAL TRANSFORMERS 6,250 0 0 6,250 0 0 6,250 0 0 6,250 0 0 25,000
MTN STATION 3,4,5 1,125 1,125 1,125 1,125 1,125 - 1,125 1,125 1,125 1,125 1,125 1,125 1,125 13,500
TOTAL 14 042 5 292 5 292 li 542 5 292 5,292 14,042 5,292 5,292 11,542 5,292 5,288 93,500
NAME
SENIOR TECHNICIAN
SENIOR TECHNICIAN
SENIOR TECHNICIAN
TOTAL SALARIES
LONGEVITY / CLOTHING
SUB-TOTAL
LESS: CAPITAL PROJECT TOTAL
LESS: 1% TO MTN OF METERS A/C 597
01-68-5590-101 LABOR REG
5,922
5,922
s,922
17,765
.0
17,765
(3,755)
(178)
13,832
5,922
5,922
5,922
17,765
0
17,765
(3,755)
(170)
13,832
7,402
7,402
7,402
22,206
0
22,206
(3,755)
(222)
18,229.
5,922
5,922
5,922
17,765
0
17,765
(3,755)
(178)
13,832
5,922
5,922
.5 ,922
17,765
0
17,765
(3,755)
(178)
3,832
7,402
7,402
7,402
22,206
2,175
24,381
(3,755)
(244)-.
20,382..
6,099
6,099
6,099 -
18,298
0
18,298
-(3,755)
(183)
14,360
6,099
6,09!
6,099
18,298
0
18,298
(3,755)
(103)
14,360
7,624
7,624
-7,624
22,872
0
22,872
(3,755)
(229)
18,888
6,099
5,099
6,099
18,298
0
18,298
(3,755)
(183)
14,360
6,099
6,099
6 099
18,298
0
18,298
(3,755)
(163)
14,360
7,624
7,624
7,624
22,872
900
23,772
(3,773)
- (238)
19,761
78,136
78,13
78.136
234,407
3,075
237,482
(45,078)
(2,375)•
190,029
01-68-5597-109 MAINT METERS
TOTAL
83
83
83
83
83
83
83
83
83
83
83
63
83
83
83
83
83
63
83
63
83
83
87.
87
1,000
1,000
,0
2:15 PM
3/31/2010
MILD
STATION DETAIL BUDGET
'
DRAFT 1
3/31/10
7UL
AUG
SEP
OCT-
NOV
DEC
JAN
FEE
MAR
APR
MAY
JUN
TOTAL
01-68-5597-101 LABOR REG
178
178
222
178
170
244
183
183
229
183
1.83
230
2,375
LABOR
TOTAL
178
178
222
178
178
244
183
183
229
183
183
238
2,37--s-
01-68-5597-102 TABOR OT
-
42
42
42
42
-
42
42
42
42
42
42
42
38
500
OVERTIME
TOTAL
42
42
42
42
92
42
42
42-
42
42
42
38
500
01-68-5590-109 SENIOR TECH EXP
0
0
0
0
004
10
.SUBSTATION TESTING (CORONA TESTING)
5,000
0
D
0
0
0
5,000
0
,
5 000
'0
0
0
0
5,000
0
0
0
O
0
10,000
TOTAL
01-68-5590-102 LABOR OT
-
833
833
833
833
833
833
833
033
833
833
833
837
10,000
OVERTIM.
TOTAL
833
833
833
833
833
833
833
833
833
833
833
837
10,000
01-68-5590-103 EE EDUCATION
417
417
417
417
417
417
417
417
417
417
413
5,000
TRAINING
417
TOTAL
417
417
417
417
417
- 417
417
417
417
417
417
413
5,000
01-68-5590-205 SUPPLIES
333
333
333
333
333
333
333
333
333
333
333
337
4,000
HATERIALS, PARTS
TOTAL
333
333
333
333
333
333
333
333
333
333
333
337
4 000
01-68-5590-106 VEHICLE
ISO
235
186
ISO
175
192
181
176
187
181
176
189
2,236
TRAWSPORTAT ION
TOTAL
180
235
186
180
175
192
181
176
187
181
176
189
2,236
01-68-5921-000 OFFICE SUPPLIES
42
42
42
42
- 42
42
42
36
500
OFFICE EXPENSE
42
42
42
42
TOTAL
42
42
42
42
42
42
42
42-
42
42
42
38
_ 500
Page 21
5/17/2010 10:33 AM,
FYI 1 DRAFT 2 Budget Summary List
Project Description
Town Amount Total
E&O Construction-System Projects
1 4W14 Reconductoring-West Street
Wilmington
$
234,470
.2 4•W 14 Extension - Woburn Street
Wilmington
$
157,958
3 4W4 Reconductoring
Wilmington
$
103,315
4 Boutwell Street
Wilmington
$
125,955
5 Chestnut Street
Wilmington
$
171,933
6 3W8-Salem Street & Bay State Road
Reading
$
207,439
7 Elm Street
North Reading
$
132,011
Total System Projects
$ 1,133,081
Station IIp grades
Station #4
8 115kV Insulator Replacement
Reading
$
144,323
9 115kV Disconnect Replacement
Reading
$
87,975
11 Transformer Replacement-Part 1-Contractual Labor
Reading
$
545,500
11 Transformer Replacement-Part 2-Procured Equipment
Reading
$
30,000
11 Transformer Replacement-Part 3-RMLD Labor
Reading
$
64,324
11 Transformer Replacement-Part 4-Feeder Re-Assignment
Reading
$
236,034
(Carryover from FYI 0)
Station #5
23 15kV Circuit Breaker Replacement (Carryover from FY10)
Wilmington
$
158,731
Total Station Projects
$ 1,266,887
New Customer Service Connections
12 Service Installations-Commercial/industrial Customers
All
$
55,055
13 Service Installations - Residential Customers
All
$
200,345
Total Servie Connections
$ 255.400
14 Routine Construction
a. Capital Construction
All
$
617,403
b. Street Light Installations
All
$
40,012
c. Pole Setting/Transfers
All
$
250,276
d. Engineering Labor
All
$
32,479
e. General Line Foreman Labor
All
$
77,241
f. UIG Construction
All
$
159,600
g, Police Details
All
$
24,000
h. Overtime
All
$
170,808
Total Routine Construction
$ 1,371,819
TOTAL E&O Construction
$
4,027,186
$ 4,027,186
Project Description
Town
Amount
Other Projects
15 GiS
$
20,000
16 Transformers/Capacitors Annual Purchases
$
190,167
17 Meter Annual Purchases
$
765,876
18 Purchase Two New Small Vehicles
$
64,000
19 Purchase Line Department Vehicles
$
360,000
20 Purchase Pole Trailer
$
15,000
,
21 Update Lighting Stockroom and Meter Room
$
22,400
23 See Above
24 Enlarge Parking Area and Construct Island
$
10,775
27 Hardware Upgrades
$
33,700
28 Software and Licensing
$
96,476
Total Other Projects
$
1,578,394
$ 1,578,394
TOTAL CAPITAL BUDGET
$
5,605,581
' $ 5,605,681
5/17/201r "'•38 AM
READING MUNICIPAL LIGH3 LJEPARTMENT
FISCAL 2011 CAPITAL PROJECT QUARTERLY PROJECTIONS
(CAPITAL PROJECT
FISCAL 2011 OUAP.TERLY PROJECTIONS Totai
# DESCRIPTION - CONSTRUCTION 1ST{ 21VD 3RD j 4TH Capital Budget
I
JCt2c0 CONSTRUCTION !
_
E
Svstem
-1_...-
,
L
-W•----14- . _Recondn-'ductorinuctorin _WVest Street
gestStreet
-
4
~ '
2
.~......_.34,470..
.x..........__.__
234 70
4
3
.
.
2 (
tt
4W14 Extension - Woburn Street - _
t
i
W4 R
d
$
:
-
.
$
$ 157,958
$103,315 1
$ _ 157,958
103,315
$
--3.
4
uc
or
econ
4
ng
Boutveli Street
-
$
.
.
$ -
966
85
c
$ 125,955
$ 85
966
$ -
$ -
$ 125,955
171,933
$
5
Chestnut Street
,
,
-
3W8_Salem Street & Bay_._State Road
_
.
$ -
$ t
1
03
,719._
$_.1D3,719
$ 207,439
_
7-(
.
Elm Street
$ 132,011
(
$
$ -
$ 132.011
!
Station tJpgrades_
Station #4
'
72
162
$
162
$ 72
$
323 i
$ 144
8
115kV Insulator Replacement
-
,
-
,
"
,
_
9
115kV Disconnect Replacement
$ - _
.
43,988
$
$ 43,988
$ 87,975
~1--
Transformer Replacement Part 1-Contractual- Labor . _ _ . _
ment
t Part2 Procured Equi
fi
Re
l
$ . 545,50D
000
$ 30
_
$
_
'
$ -
.
$
$ . 545,500
$ 30,000
11
11
p
acemen
p
Trans
ormer
Transformer Replacement Park 3 RMLD Labor
,
- -
$ 64,324
_
$
$ -
$ 64,324
(-11
Transformer Replacement-Part 4-Feeder Re Assignment-- -
-
_ 118 017
$ 1.18,017_
-
$ -
$ 236,034
_
23
15kV Circuit Breaker Replacement (Carryover from FY10)
$
158,731 ..f
_ $
$ .
. - .
$ 158,731
12
Nezv Customer Service Connections - - .
erv:ce Installations-Commercial/lndustriai Customers
S
- - - - - .
$ 13,764
: - _
$ 13,764
1 $ 13,764
$ 13,764
55,055
?
13
_
Service InstaitaGons -Residential Customers
$ 50,086
$ 50,08 6_ j
$ 50,086
50,086
$ 200,345
14
lKoutitte Cvustruction
-
-
-
-
-
Capital Construction
(a.
-
-
$ 154,351
$ 14
5 ,
3
_5-
154,
3
$ 154,351
1 $ 617,403
-
_
-
Street Light installaligns
~b
10,003
$ 10,003
90.003
10,003
~ a0,D12
_
oie Setting and Transfers
c. P
$ 62,569
$ 62,569
j $ 62,569
$ 62,569
I $ 250,276
_
d. Engineering Labor
$ 8,120
$ 8 120
$ 8.120
{ $ 8.120
$ 32 4r9
e °General Line Foreman Labor
$ 19,310
$ 19,310
t $ 19,319
$ 19,31D
$ 77 241
1
-
f. U/G Construction
! $ 39,900
$ 39,900
$ 39,900
$ 39,900
$ 14600
,
Police Details
6 000
$ 6,000
6:000
$ 6,000
$ 24,000
Overtime
h
$ 42,702
$ 42,702
$ 42,702
$ 42,702
i 170,808
.
Total Construction Projects
$ 1,455,388
( $ 961,407
1 $ 838,594
1.$ 771,797
? $ 4,027,186
{
H_J
.
.
i
1
(
I
1
t
5/17/2010-10:38 Ann
_1
(
OTHER PROJECTS
- -
-
FISCAL
_ _
1 Sl
2010 QUARTE
2ND
RLY PROJECT
3RO ;
IONS
4TH ;
Total
Capital BudgeE
10,0
00
1
$ 10,000 '
$ 20,000
16 1
TransformerslCapacitorsAnnuaIPurchases
.
.
$ -
$
$.-.190,167
$ 190,167
17
Meter Annual Purchases
$.._191,469
$ 191,469
$_191,469
$_.191,469
$ ....765.8761
18
-
Purchase Two New Small Vehicles _ . _ I
$
L
360 ,000
$ 32 000 !
$ 32 OQO
64,000
19
(
Purchase Line DepartmenE Vehicles
_ 1
.
$
. _
$
.
_ - '
-
-
•
~
21
Update Lighting Stockroom and Meter Room
$ .
_$-.-..-.22,40.0.
-
$
2 400
$
_
23 ~
- -
.
SeeAbove
1
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Eniarge Parking Area and Construct island
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425 1
$ 8
$ 10,775
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$ 33
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Hardware Upgrades
and Licensinq
$._..__.8,425
$ 24,119.
$ ---8,425
$ 24,119
,
$
24,119
,
$ 24,119
,
,
66,4-76
$ 96,476 E
5/17/2010 10:03 AM
FISCAL 2011 CAPITAL BUDGET REQUEST SUMMARY
System Projects
Capital Proiect fame: 1 4W14 Reconductoring -West Street. Wilmington' I
Reason for Expenditures:
Old circuit 4W 14 was an abandoned circuit that left Station 4 and went to Causeway Road,
under the Route 129 bridge and rised on p/14 Lowell Street, Wilmington, This circuit was
reconfigured to reuse the old 4W3 circuit (UG & OH) when the Department built the new 4W3
circuit for Analog Devices.
Brief Description/Scope:
This project would continue with the ongoing project of upgrading all the UG primary cable out
of Station 4 to 15 MW.
This project would reconductor 3,500 circuit feet of UG cable with 750 mcm CU, 15 kV,
concentric neutral power cable.
Cash Requirements:
Quarter 1 Quarter 2 Quarter 3 Quarter 4 TOTAL
TOTAL PROJECT COST: : '2,`
5117/2010 10:03 AM
FISCAL 2011,CAP'ITAL BUDGET COST SHEET
CAPITAL PROJECT NAME: 4W14 Reconductoring - West Street, Wilmington
CAPITAL PROJECT PLUMBER:
1
PROJECT NUMBER:
W11-
RMLD
RMLD
CREW
CREW
NEW
ITEM
CREW
LABOR
VEHICLE OTHER OTHER
MATERIAL
WEEKS
COST
COST LABOR VEHICLE
& MISC
QUARTER
TOTAL
4-Man
Installation of 15kV 750 mcm CU
2.0
$20,410
$2,960
$162,855
2
$186,225
concentric neutral power cable
10,500 linear feet
Unit Cost
$10,205
$1,480
$15.51
perfoat
Installation of 10 sets splices &
0.5
$5,103
$740
2
$5,843
8 termination.
Unit Cost
$10,205
$1,480
per week
Installation of new riser pole
0.5
$5,103
$740
2
$5,843
disconnects
Unit Cost
$10,205
$1,480
per week
Underground Crew Work
4.0
$22,400 $160
2
$22,560
related to above.
i
:e Details (if applicable)
7.0 weeks
Total RMLD Crew Weeks 3.0
Total U/G Crew Weeks 4.0
$5,600 $40. per week
$14,000
$2,000
week
$14,000
TOTAL 7.0 $30,615 $4,440 $22,400 $180 $176,855
TOTAL PROJECT COST: ; `•:$2447.Oa'
READING MUNICIPAL LIGHT DEPARTMENT
SIX YEAR PLAN
FOR QUARTER ENDING MARCH 31, 2010
YEAR
OPERATING REVENUE:
SALES OF ELEC - BASE
SALES OF ELEC - FUEL
FORFEITED DISCOUNTS
ENERGY CONSERVATION
PURCHASED POWER ADJUSTMENT
PASNY CREDIT
TOTAL OPERATING REVENUE
OPERATING EXPENSES:
PURCHASED POWER BASE
PURCHASED POWER -FUEL
OPERATION EXPENSE
MAINTENANCE EXPENSE
DEPRECIATION EXPENSE
TOWN PAYMENTS
TOTAL OPERATING EXPENSES
TOTAL OPERATING INCOME
AUDIT
2009
Chg
i 0.0208
- 39,024,319
-1.452%
52,848,749
-22.1%
859,519
4.4%
425,374
31.1%
2,222,886
128.8%
(1,272,863)
-67.9%
94,167,985
-9.0%
26,370,544
4.1%
50,801,600
-29.2%
8,616,956
4.1%
2,402,780
14.5%
3,134,387
-27.7%%
1,207,979
18%!%
92,534,445
-10.0%
1,633,540
50.9%
208,348
38.4%
398,370
-32.9%
3T8,833
160.3%
985,550
56.4°J%
15,366
6.4%
31,029
-85.7%
3,515
-511.3%
2,152,492
3.9%
0
2,202,402
2.5%
416,687
319.51/
2010'
2011 "
2012
2013
2014
2015
2016
%Chg
% Cho
%Chg
%Chg
%Chg
Chg
38,453,921
5.226%
40,463,551
6.500%
43,902,990
1.240%
44,447,357
12.798%
50,135,813
0,900%
50,587,036
6.962%
54,109,011
41,156,000
-4-0%
39,500,000
11.0%
43,649,353
5.9%
46,421,412
8.4%
49,704,225
6.8%
$2,358,042
2.8%
53,075,578
847,715
50%
890,198
1.9%
907,093
5.4%
956,067
7.7%
1,029,516
-1.3%
1,015,668
8.8%
1,105,042-
-
557,732
-4.4%
533,228
2.0%
543,893
2.0%
554,770
2.0%
565,866
2.0°/%
577,183
2.0;b
588,727
5,085,800
-11.8%
5,685,603
-64.8%
2,614,582
751%
4,581,686
-41.9%
2,659,868
-43.7%
1,498,494
70.8%
2,559,828
. {389,266y
.10D.0%
85
713
902
1
6%
072
780
87
4.8%
91,817,911
4.8%
96,961,323
5.2%
104,095,288
5.2%
106,036,423
2.4%,5
111,438,186
,
,
.
,
,
27,452,503
0.9%
27,711,574
8.5%
30,067,085
6.5%
32,034,189
8.3%
34,694,057
3.31A
33,532,683
32%
34,594,017
40,557,795
- -2.6%
39,512,664
71.01%
43,849,353
5.9%
46,421,412
7.1%
49,704,225
5.3%
$2,358,042
1.4%
53,075,578
8,966,046
-27%
8,720,671
2A%
8,895,084
2.9°/%
9,072,906
2.0%
9,254,446
20%
10,317,035
2.0%
10,523,375.
2,752,385
-7.711%
2,541,597
2.9%
2,592,429
2.6%
2,644,278
2.0%
2,607,163
2.0%
2,751,106
2.01/6
2,606,128
2,266,163
54-4%
3,500,000
SAA
3,667,412
3.4%
3,811,682
3.1%
3,929,281
5.1%!%
4,130,354
4.8%
4,327,317
1,253,746
5.3%
1,320,000
0.7%
1,329,099
0.2%
1,331,264
4.2%
1,386,727
3.S%1%
1,435,428
-1.51/.
1,413,289
83,248,636
0.1%/%
83,306,506
8.5%
90,420,462
5.4%
95,315,811
6.7%
101,665,899
2.8%
104,524,649
2.1°/%
106,739,705
2
465 66
52
8%
766
274
3
-62.9%
1,397
449
17.8%
1,645,592
47.6%
2,429,389
-37.8%
.1,511,774
210.8°1%
4,698,481
,
.
,
,
,
288,263
-58A'A
120,000
-16.7%
i00,000
-16.7°/%
83,333
010%
63,333
0.0%
83,333
0.0%
83,333
267,247-
68.4%
450,000
41.1°/%
400,000
41.1%
355,556
10%
355,556
0.0%
355,556
0.0%
355,556
986,076
-29.0%
700,000
-14.3%
600,000
-14.3%
514,286
0.0%
514,286
0.0%
514,286
0.0%/%
514,256
1
541
586
-17
6%
270
000
1
-13
4°/%
100
000
1
-13.4%
953,175
0.6%
953,175
0.0%
@53,975
0.0%
963,175
,
,
.
,
.
.
,
,
-
16,356
-26.61A
12,000
25.0%
15,001)
0.0%
15,000
0.0%1%
15,000
0.01/%
15,000
0.0%
15,000
4,444
-100.0%
0
0.0%/%
0
0.0%
0
100.0%
250,000
0.0%
250,000
0.0%
250,000
1,464
-191)-0°la
0
0.0%
0
010%
0
0.0°/%
0
0.0°1%
0
0.D%
0
2,236,678
-0.51/4
2,225,000
2.5%/
2,280,625
2.5%
2,391,469
2.5°/%
2,463,213
3.0%
2,537,109
3.011%
2,613,222
0
0
0.0%
0
0.0%
0
0.0%
0
0.0%
0
0.0%
0
2
258
942
-7
0%/%
000
2
237
4.5%
2,295,625
4.5%
2,406,469
13.4'A
2,728,213
2.7%
2,802,109
2.7%1%
2,878;222
,
,
.
,
,
1,747,910
6D.1%
2,799,274
.83.5%
201,824
-83.51
192,218
-84.2%
654,350
652.4% (337,161)
-15.3%
2,773,434
MDSE AND JOBBING
INTEREST INCOME
MMWEC REFUND AND ADVANCE IN AID
TOTAL NONOPERATING REVENUES
CUSTOMER DEPOSIT INTEREST EXP
BOND INTEREST EXP
AMORTIZATION OF DEBT EXP
OTHER DEDUCTIONS (INCLUDING ROT}
PROJECTED RATE REFUND
TOTAL NONOPERATING EXPENSES
NET INCOME
END OF YEAR BALANCES:
GROSS PLANT IN SERVICE
NET PLANT IN SERVICE
RMLD CAPITAL ADDITIONS
ALLOWABLE 8% RATE OF RETURN
NET INC. SUBJ. TO 8% RATE OF RETURN
-
(OVER) I UNDER RECOVERY ON 8%
RATE STABILIZATION BALANCE (EOY)
CAPITAL FUND BALANCE (BOY)
BONDS PAYABLE BALANCE (EOY)
RATEINCREASE
Represents July 09 thru March 10 acluals
with reforncast amounts for April 10 thru June 10
^F,scnl Year 2011 Draft I Budget -
.113,308,755
117,308,155
122,913,737
727,056,076
- 130,976,032
137,678,480
- 144,243,891
147,464,254
64,657,089
67,390,930
69,496,511
69,951,438
70,059,712
72,832,879
75,267,935
74,160,982
4,739,913
5,000,006
5,605,581
4,142,339
3,919,956
6,702,448
6,565,411
3,220,363
4,612,334
4,792,400
5,559,721
5,596,P15
5,604,777
5,826,630
6,021,435
5,932,879
- 620,284
1,929,606
2,799,274
201,824
192,218
654,350
(337,161)
2,773,434
3,992,050
2,862,794
2,760,447
6,394,292
- 5,412,559
5,172,280
6,358,596
3,159,445
51237,223
5,377,223
5,457,881
5,539,750
5,622,846
5,707,188
5,792,796
5,879,688
5,409,329
3,283,589
2,178,008
2,723,081
3,614,807
1,841,640
406,584
2,513,537
550,000
0
0
0
0
6,500,000
5,850,0110
5,200,000
yes
0.00%
5.20%
0.00°f% -
0.011
200%
0.00%/%
7-00%