USA > Connecticut > New Haven County > Hamden > Annual reports of the town of Hamden, state of Connecticut 1962 > Part 7
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41,800.19
104,867.91
63,067.72*
Future school addition- Mount Carmel
Employees old age benefit con-
tributions, health and life insurance premiums
12.24
322.10
309.86*
Funds contributed for Library
Board and Board of Education
901.12
250.15
650.97
$ 272,303.41
$ 315,612.44
$ 43,309.03 ~
Surplus :
Uncollected portion and working cash funds
$ 493,549.22
$ 528,624.44
$ 35,075.22 .: 268,380.75
$1,396.510.89
$1,206.514.39
$189.996.50
The General Fund Surplus for the year ended October 1, 1962 as noted above was $1,124, 207 and of this amount $630,658 was determined to be the cash surplus of the Town and thus available for Budget purposes for the fiscal year 1962-1963. The following schedule sets forth the sources of the cash surplus : From Property Tax Collections :
Collection of property taxes for List of 1961 in excess of amount estimated to be collected
$ 14,575.76
Collection of property taxes for Lists of 1954 through 1960
212,555.03
From Budget Operations :
Cash received in excess of amount estimated to be received
26,990.05
Underexpended amount of approved Budget expenditures
98,592.55
Other :
Collection of amounts due from: State of Connecticut
$86,267.99
Special Fund Miscellaneous
548.71
142,017.60
Amounts received from Special Funds :
Sewer Construction and Assessment Fund
$ 607.75
Public Improvement Fund Capital Projects Fund
87,342.32
93,427.40
Transfer of Meadowbrook Fund to General Fund Miscellaneous cash received
864.80
$642.179.8T
Less :
Deficit in Dog Fund transferred to General Fund Adjustment of accounts payable of prior year
$ 5,811.71
5,709.84
11,521.55
Cash surplus at end of fiscal year October 1, 1962 and available for Budgetary purposes for year 1962-1963
$630.658.26
27,500.00
27,500.00*
Cash surplus
630,658.26
362,277.51
55,200.90
5,477.33
53,156.56
83
The collection of property taxes of prior years in an amount of $212, 555 is $45,620 in excess of those collections of the prior year. The collection of amounts due from State of Connecticut represent, for the most part, increased grants for the Board of Education and the amount of $55, 200.90 classified as Special Fund is from the Capital Projects Fund. In addition the General Fund received other extraordinary amounts from the Meadowbrook Fund and the Special Funds. The large receipts from the Special Funds were due in the main to a net premium earned on a bond issue and interest earned on the unused bond funds. These items are not budgeted until actually received.
The General Fund also received more than it was estimated would be re- ceived and the expenditures were less than was estimated. Interest earned on redemption of short-term investments in an amount of $9,318 over the estimate Circuit Court fees $6,005 greater than expected, Permits in the Building Department in excess of estimates in an amount of $12,726 and income greater than expected from the School Cafeteria operations of $14,984 were the major amounts received. These were offset, in part, by receipts which were less than estimated to be received from the State of Connecticut for schools.
The expenditures, as reflected on Exhibit I, were $98,593 less than anticipated. The Emergency and Contingent account in an amount of $12, 231, interest paid on short-term notes of $9,003, personal services of $32,498, $6,000 for new traffic lights and $5,301 in sewer services were the main budgetary accounts responsible for the underexpenditures.
There is included on Exhibit B an amount of $41, 800.19 which represents Appropriations Continued in Force. These appropriations are listed as follows : Budget of 1960-61
Drainage-Fans Rock Road and Paradise Avenue
$ 643.60 Police-new traffic lights 18,655.93 Budget of 1961-62
Executive Secretary-Charter Revision
500.00
New voting machine
1,531.00
Public works site
4,875.00
Preliminary plans for Public works Garage
3,180.00
Engineering Department-survey car replacement
2,000.00
Recreation Department-new equipment
2,270.08
Capital outlay :
2,009.18
Reconstruction-Still Hill Road -Hill Street
1,844.04
Resurfacing-Ridge Road
1,295.06
-Pine Rock Avenue
1,795.53
Drainage-Beecher Heights
1,200.77
$41,800.19
84
The appropriations continued, if not used in a two year period, should be returned to the General Fund Surplus.
Tax Collector's accounts: The property tax list for the current year 1961 was $6,404, 974.26 and after corrections and abatements were made to the list in a net amount of $5,906.84 the Tax Collector then had $6,399,067.42 to collect. The Tax Collector's office collected $6,152, 201.89 with this amount representing 96.1 per cent of the current list. In addition 59.5 per cent was collected of the property tax accounts in arrears.
There was a net amount of $9,649.38 which represents the corrections and abatements to the tax lists for all years. Of this amount 318 accounts in an amount of $6,901.78 were due to errors made by the Connecticut State Motor Vehicle Department in assessing personal property. Seventy-nine accounts in an amount of $2,925.25 were charged against General Fund Surplus as being considered doubtful of collection.
We mailed 648 property tax and 165 sewer assessment confirmations to taxpayers whose accounts were in arrears. Some taxpayers denied liability and these letters were checked and the Tax Collector's records were found to be correct.
The details of the Tax Office operation are set forth in Schedules B-1, B-la, and B-1b.
Bond and Note Indebtedness: There were two new bond issues voted during the year by the Representative Town Meeting. An amount of $3,700,000 was voted for an addition to the High School and for a new Elementary School with $375,000 being used to purchase a part of the former Meadowbrook Golf Course. These bond issues are scheduled for payment over a twenty year period with the final payment due on June 1, 1981.
On Exhibit J, Bond Indebtedness, there is reflected a bond debt of $9,445,000 at the close of the year and on Exhibit K, Note Indebtedness, there is reflected a debt of $40,000 at the close of the year. During the year the
. Town, through its Budget procedures, reduced its debt by making payments in an amount of $506,000 in bond principal and $47, 900 in notes.
85
The following schedule sets forth the various types of bond indebtedness that the Town has at the close of its year :
Bond indebtedness:
Library Building Permanent Paving Storm Water Drain Police Building
$ 80,000.00 34,000.00 16,000.00
15,000.00
600,000.00
Highway and Capital Improvement Improvement Schools
375,000.00
8,325,000.00
$9.445,000.00
Notes payable : Schools
40,000.00
There will be recovered from the State of Connecticut an amount of $1,730,315.04 over the life of the various School bond issues which will be used to reduce the School bond indebtedness.
Recommendations : For the current year we recommend that :
1. The sewer construction costs not yet assessed in an amount of $24, 816.04 as reflected on Exhibit B be reviewed by the proper authorities. It is our understanding that these costs may never be assessed in view of the present sewer program which is now in the planning stages.
2. The results of the use of Data Processing Equipment introduced in the Assessor's and Tax Collector's Office be reviewed and if successful the program be extended to other areas of Town ad- ministration.
3. The Town personal property record be maintained by the Treasurer's Office on a current basis rather than on an inventory basis at the end of the Town year. We understand that this method of account- ing for Town Property is being introduced by the Town Accountant. 4. The lists of property tax abatements, corrections to the tax lists and items transferred to suspense be published in the Annual Report of the Town. It should be noted that these lists are on file in the office of the Tax Collector and are available for public inspection.
Very truly yours, Micaldie , Tandall & M. Mal
86
KIRCALDIE, RANDALL & MCNAB CERTIFIED PUBLIC ACCOUNTANTS NEW HAVEN - HARTFORD CONNECTICUT
OPINION
We have examined the financial transactions recorded in the books and accounting records of the Town of Hamden for the fiscal year ended October 1, 1962.
Our examination was made in accordance with generally accepted auditing standards and in accordance with the requirements of the State Tax Commissioner concerning municipal audits and accordingly included such tests of the account- ing records and such other auditing procedures as we considered necessary in the circumstances . Information and explanations were obtained from officials.
Accordingly, in our opinion, and to the best of our knowledge and belief based upon such examinations, the attached Exhibits A to N and Schedules B-1 to I, accompanied by explanatory comments and recommendations, present fairly the financial position as of October 1, 1962 of the various funds of the Town of Hamden and the results of its operations and changes in funds for the fiscal year then ended in conformity with generally accepted accounting principles as applied to municipalities.
Fiscaldi Pondel x M. Hal
Certified Public Accountants
James D. Fiscalde
Member of the Firm
New Haven, Connecticut January 18, 1963
87
TOWN OF HAMDEN COMBINED BALANCE SHEET-ALL FUNDS OCTOBER I, 1962
General Fund Exhibit B
Capital Fund Exhibit C
Special Funds Exhibit D
General Debt Exhibit E
ASSETS :
Cash on hand
$ 988.00
S
Cash on deposit
300,354.13
Investments, at cost:
United States Government obligations
1,973,591.71
Foreign, railroad, public utility and industrial bonds Stocks-preferred and common
450,221.50
Receivables :
391,324.76
440,466.29
State of Connecticut
75,303.19
Other
242.23
Due from other Town Funds
875.00
Advances made to Board of Education
602,607.54
Sewer construction costs not yet assessed
24,816.04
475,435.99
Land, at assessed value
935,780.00
Equipment, at cost
7,667,050.00
School grants from State of Connecticut
2,693,839.96
1,730,315.04 7,754,684.96
Amount necessary to be raised by taxation
$1,396, 510.89
$11,296,669.96
$4,579,421.14
$9,485, 000.00
LIABILITIES :
Bonded indebtedness
$
$
$ 175,000.00
$9,445,000.00 40,000.00
Deposits received in advance
1,300.00
United States Federal grant
139,483.87
Accounts payable
229,589.86
Due to General Fund
Appropriations continued in force
41,800.19
Contributed funds for benefit of Board of
901.12
Advances for health and life insurance premiums
12.24
EQUITY :
1,124,207.48
11,296,669.96
3,578,062.27
Equity at October 1, 1962
$1,396,510.89
$11,296,669.96
$4,579,421.14
$9,485,000.00
EXHIBIT A
88
Notes payable
684,700.00
Sewer assessments
691,376.37
Uncollected property taxes
$ 548,329.28
S
875.00
Education, Library and Recreation Commission
TOWN OF HAMDEN BALANCE SHEET-GENERAL FUND OCTOBER 1, 1962
ASSETS :
Current assets :
Cash :
On hand
On deposit, Exhibit G-1
$ 988.00 300,354.13
$301,342.13
Receivables :
Uncollected property taxes, Schedule B-1
$391,324.76
State of Connecticut
75,303.19
Other
242.23
Due from Capital Projects Fund
875.00
467,745.18
Advances made to and liabilities
incurred for Board of Education
for fiscal year ended 1962-1963
602,607.54
$1,371,694.85
Other assets :
Sewer construction costs for Dixwell Avenue project, not yet assessed
24,816.04
$1,396,510.89
LIABILITIES :
Current liabilities :
Accounts payable :
Board of Education
$148,924.88
General Town
80,664.98
$229,589.86
Appropriations continued in force
41,800.19
Contributed funds for benefit
of Board of Education, Library and Recreation Commission
901.12
Advances for health and life insurance premiums
12.24
$ 272,303.41
SURPLUS :
General Fund surplus, Schedule B-3
1,124,207.48
$1,396.510.89
EXHIBIT B
89
TOWN OF HAMDEN BALANCE SHEET-CAPITAL FUND FISCAL YEAR ENDED OCTOBER 1, 1962
ASSETS :
Land, at assessed value Buildings, at assessed value Equipment, at cost
$ 935,780.00 7,667.050.00 2,693,839.96
$11.296.669.96
EQUITY :
Investment in capital assets, Schedule C-1
$11.296.669,96
EXHIBIT C
90
-
TOWN OF HAMDEN COMBINED BALANCE SHEET-SPECIAL FUNDS OCTOBER 1, 1962
Library Bookmobile Fund
Maude Fulford Kay Fund
Library Endowment Fund
Town Deposit Fund
Town and School Employees ' Bond Account
Employees' Retirement Fund
Bond and Interest Coupon Account
Public Improvement Fund
Capital Projects Fund
Sewer Construction and Assessment Fund
Hamden Recreation Gift Fund
ASSETS :
Cash on deposit
$233.89
$10,245.49
$6,230.44
$ 278.85
$1,559.64
$ 159,370.06
$2,502.00
$109,775.56
$ 209,831.50
$ 44,284.76
$4,017.09
Investments : United States Government obligations Foreign, railroad, public utility, finance and industrial bonds Stocks, preferred and common
4,000.00
395,379.12
85,639.40
1,443,788.96
44,784.23
691,376.37
450,221.50
Assessments receivable
440,466.29
Sewer construction costs not yet assessed
475,435.99
$233.89
$10.245.49
$6,230.44
$4.278.85
$1,559.64
$1.696.347.05
$2.502.00
$195.414.96
$1.653.620.46
$1.004.971.27
$4.017.09
LIABILITIES AND EQUITY :
Notes payable, bank
$
$
$
$
$
$
$
Ş
Ş
$ 684,700.00
$
Bonds payable
175,000.00
United States Federal grant Deposits received in advance
139,483.87
1,300.00
Due to General Fund
875.00
Reserve for special projects
233.89
10,245.49
6,230.44
4,278.85
1,559.64
1,696,347.05
2,502.00
195,414.96
1,652,745.46
4,487.40
4,017.09
$233.89
$10.245.49
$6.230.44
$4.278.85
$1.559.64
$1.696.347.05
$2.502.00
$195.414.96
$1.653.620.46
$1.004.971.27
$4.017.09
EXHIBIT D
91
TOWN OF HAMDEN BALANCE SHEETS-SPECIAL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
LIBRARY BOOKMOBILE FUND
ASSETS :
Cash on deposit, Exhibit G-6
$ 233,89
EQUITY :
Reserve for Library Bookmobile Fund
$ 233.89
EXHIBIT D-1
MAUDE FULFORD KAY FUND
ASSETS :
Cash on deposit, Exhibit G-7
$10,245.49
EQUITY :
Reserve for Maude Fulford Kay Fund- High School Library
$10,245.49
EXHIBIT D-2
LIBRARY ENDOWMENT FUND
ASSETS :
Cash on deposit, Exhibit G-2
$ 6,230.44
EQUITY:
Reserve for Hamden Library Endowment Fund
$ 6,230.44
EXHIBIT D-3
92
TOWN OF HAMDEN BALANCE SHEETS-SPECIAL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
TOWN DEPOSIT FUND
ASSETS :
Cash on deposit, Exhibit G-4
$ 278.85
Investments :
$4,000 United States Government obligations, Series K, 2.76%, due December 1, 1966
4,000.00
$4.278.85
EQUITY:
Reserve for Town Deposit Fund for school purposes
$4.278.85
EXHIBIT D-4
TOWN AND SCHOOL EMPLOYEES BOND ACCOUNT
ASSETS :
Cash on deposit, Exhibit G-5
$1.559.64
EQUITY:
Reserve for employees' savings bonds : Town and non-professional school employees School employees
$1,088.99
470.65
$1,559.64
EXHIBIT D-5
93
TOWN OF HAMDEN BALANCE SHEETS-SPECIAL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
HAMDEN EMPLOYEES' RETIREMENT FUND
ASSETS :
Cash on deposit and in transit, Exhibit G-3
$ 159,370.06
Investments at cost, Schedule D-6 : United States Government obligations
$395,379.12
Bonds :
Canadian
$ 19,450.00
Railroad
190,612.22
Public utility
387,211.65
Industrial
69,487.50
Finance
24,615.00
691,376.37
Stocks, preferred:
Public utility
10,000.00
Stocks, common :
Bank
$ 47,714.92
Industrial
335,956.06
Insurance
16,481.89
Public utility
40,068.63
440,221.50
1,536,976.99
$1.696.347.05
EQUITY:
Reserve for employees' retirement
$1,696.347.05
EXHIBIT D-6
BOND AND INTEREST COUPON ACCOUNT
ASSETS :
Cash on deposit, Exhibit N
$ 2.502.00
EQUITY:
Reserve for matured unredeemed coupons : General Fund:
$ 1,666.00
Capital improvement bonds School bonds
836.00
$ 2.502.00
EXHIBIT D-7
94
TOWN OF HAMDEN BALANCE SHEET-SPECIAL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
PUBLIC IMPROVEMENT FUND
ASSETS :
Cash on hand, Exhibit G-8
$ 109,775.56
Investments :
$88,000 United States Treasury Bills, 2.9%, due October 15, 1962
85,639.40
$ 195,414.96
EQUITY :
Reserve for : Incinerator War Memorial Building
$ 155,414.96
40,000.00
$ 195.414.96
EXHIBIT D-8
CAPITAL PROJECTS FUND
ASSETS :
Cash on deposit, Exhibit G-11
$ 209,831.50
Investments :
$1, 450, 000 United States Treasury Bills
1,443,788.96
$1.653.620.46
LIABILITIES:
Due to General Fund
$
875.00
EQUITY :
Reserved for further project expenditures : Public Improvements
$ 13,464.77
Bear Path Elementary School
91,323.82
High School Addition
1,544,175.88
Drainage and Improvement at Meadowbrook
3,780.99
1,652,745.46
$1.653.620.46
EXHIBIT D-9
95
TOWN OF HAMDEN BALANCE SHEETS-SPECIAL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
SEWER CONSTRUCTION AND ASSESSMENT FUND
ASSETS :
Current assets :
Cash on deposit, Exhibit G-10
$ 44,284.76
Assessments receivable :
Sewer lateral charges : West District $2,326.00
East District
Extension
975.00 $ 3,301.00
Sewer assessments
437,165.29
440,466.29 $ 484,751.05
Investments :
$45,000 U.S. Treasury
bills 2.74%, due November 29, 1962
44,784.23
Sewer construction costs and expenses to be assessed : East District West District North District
$136,007.78 199,944.34
139,483.87
475,435.99
$1.004.971.27
LIABILITIES:
Indebtedness :
Notes payable, bank
$684,700.00
Construction bonds, 1.90% dated November 1, 1953
175,000.00
Other : United States Federal grant Deposits received in advance
139,483.87
1,300.00
$1,000,483.87
Surplus
4,487.40
$1, 004.971.27
EXHIBIT D-10
HAMDEN RECREATION GIFT FUND
ASSETS :
Cash on deposit, Exhibit G- 9
$
4,017.09
EQUITY :
Reserve for Hamden Recreation Gift Fund
$ 4.017.09
.
EXHIBIT D-11
96
TOWN OF HAMDEN BALANCE SHEET-GENERAL DEBT FISCAL YEAR ENDED OCTOBER 1, 1962
ASSETS :
School Grants from State of Connecticut
$1,730,315.04
Amount to be raised by future taxation to retire notes and bonds
7,754,684.96
$9.485.000,00
LIABILITIES:
Bonded indebtedness, Exhibit J
$9,445,000.00
Notes payable, bank, Exhibit K
40,000.00
$9.485.000.00
EXHIBIT E
97
TOWN OF HAMDEN DOG FUND ACCOUNT STATEMENT OF REVENUE AND EXPENSES FISCAL YEAR ENDED OCTOBER 1, 1962
Revenue : Licenses and tags issued Refund from State of Connecticut
$3,801.65 1,195.19
$ 4,996.8.
Expenses :
Payment to State Treasurer
$1,918.78
Dog Warden :
Salary
4,100.00
Transportation allowances
300.00
Deputy Dog Warden
334.25
Operation of pound
3,914.75
Advertising
124.27
State of Connecticut-tags and licenses
116.50
10,808.5
Deficit operation of Dog Fund account, transferred to General Fund Surplus
$ 5.811.7
EXHIBIT F
98
TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
General Fund:
Cash on deposit, October 2, 1961 Receipts :
$ 182,294.41
Revenue receipts :
Tax Collector, Schedule B-1 : Property taxes-List of 1954-1961, inclusive
$6,364,756.92
Departmental receipts :
Selectman's office
$ 12,039.93
Treasurer's office
12,953.61
State of Connecticut
18,518.16
Police Department
6,265.97
Building Department
45,661.00
Public Works
3,818.42
Engineering Department
353.50
Town Clerk
26,542.85
Tax Collector
14,316.47
Sanitary Sewer Commission
3,657.42
Zoning
2,051.00
Health Department
1,828.15
Recreation Department
7,104.02
Fire Department
2,499.51
Library Department
10,432.62
Schools-State of Connecticut
971,162.35
Board of Education
238,845.82
1,378,050.80
Miscellaneous receipts :
Deposits on plans and specifications Transfers from:
$ 740.00
Sewer Construction and Assessment Fund
607.75
Public Improvement Fund
5,476.83
Capital Projects Fund
87.342.32
Meadowbrook Fund, less disbursements of $40,018.19 Miscellaneous
3.80
107,205.79
Non-revenue receipts :
Overcollections of property taxes
Ş 1,018.44
Refund on purchase of library equipment
1,423.45
keturn of working cash funds
96.00
Damage claims covered by insurance
2,127.25
Health and accident insurance premiums collected from employees
30,818.55
Withholding tax and old age benefit collections from employees Collection of accounts and notes receivable
142,018.10
Short-term borrowing
3,550,000.00
4,023,621.15
11,873,634.66 $12,055,929.07
Disbursements :
Budgeted disbursements, Exhibit I
$7.594,771.61
Short-term borrowings
3,550,000.00
Withholding and old age benefit collections
296,407.21
Health and accident insurance premiums
30,845.10
Payments made on temporary funds for Library Board
771.25
Damage claims covered by insurance
1,954.93
Working cash fund-Police Department
50.00
Refund of deposits on plans and specifications
435.00
Refund of overcollections of property taxes
1,018.44
Dog Fund disbursements less receipts of $4,996.84
5,811.71
Payment of prior years' liabilities
111.314.83
Payment of Board of Education encumbrances
162,194.80
11,755,574.94
Cash on deposit, October 1, 1962 :
Commercial accounts:
The First New Haven National Bank
$ 124.493.45
The Second National Bank
53,285.54
The Connecticut Bank & Trust Company
122,575.14
$ 100.25/2013
EXHIBIT G-)
99
13,035.09
296,119.36
TOWN OF HAMDEN TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
Hamden Library Endowment Fund : Cash on deposit, October 2, 1961 Interest earned on savings account
$ 5,987.95 242.49
Cash on deposit, October 1, 1962: The New Haven Savings Bank-passbook #N14056
$ 6,230.44
EXHIBIT G-2
Hamden Employees' Retirement Fund:
(The First New Haven National Bank-Custodian)
Cash on deposit, October 2, 1961 Receipts :
Contributions of Town employees
$ 54,891.76
Contribution of Town
191,995.00
Interest and dividends earned on investments
52,688.99
Interest earned on savings accounts
748.13
Redemption of United States Government obligations
268,420.50
568,744.38
$595,213.04
Disbursements :
Purchase of securities
$372,077.21
Refunds of employees' contributions : Principal
9,887.80
Interest
572.60
Retirement payments together with insurance
52,429.74
435,842.98
Cash on deposit, October 1, 1962: Commercial account :
The First New Haven National Bank Savings accounts :
$143,370.06
Connecticut Savings Bank-passbook #335499 New Haven Savings Bank-passbook #C15923
6,000.00
10,000.00
$159.370.06
Amount due Custodian-year 1960/61
875.63
$ 26,468.66
EXHIBIT G-3
100
TOWN OF HAMDEN TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
Town Deposit Fund:
Cash on deposit, October 2, 1961
$ 278.85
Receipts :
Interest earned on savings account
$ 11.12
Interest earned on United States Savings Bonds
110.40
121.52
Reimbursement to General Fund for educational purposes
121.52
Cash on deposit, October 1, 1962:
The New Haven Savings Bank-passbook #393729
$ 278,85
EXHIBIT G-4
Town and School Employees' Bond Account: Cash on deposit, October 2, 1961 Receipts :
Contributions by Town and non-professional school employees Contributions by school employees
$26,986.74
29,100.10
56,086.84
$58,223.69
Disbursements :
Purchases of United States Savings Bonds : For Town and non-professional school employees
$27,450.00
For school employees Refunds to employees
226.55
56,664.05
Cash on deposit, October 1, 1962 :
The Union and New Haven Trust Company- commercial account :
$ 1,088.99
Town and non-professional school employees School employees
470.65
$ 1,559.64
EXHIBIT G-5
101
$ 400.37
$ 2,136.85
28,987.50
TOWN OF HAMDEN TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
Library Bookmobile Fund: Cash on deposit, October 2, 1961
$ 224.81
Interest earned on savings account
9.08
Cash on deposit, October 1, 1962 : The New Haven Savings Bank-passbook #394720
$ 233.89
EXHIBIT G-6
Maude Fulford Kay Fund-High School Library: Cash on deposit, October 2, 1961
$10,445.80
Interest earned on savings account
424.12
Reimbursement to General Fund for books and periodicals
$10,869.92
Cash on deposit, October 1, 1962:
624.43
Connecticut Savings Bank-passbook #4788
$10,245.49
EXHIBIT G-7
102
TOWN OF HAMDEN TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
Public Improvement Fund :
Cash on deposit, October 2, 1961
$108,497.74
Receipts :
Received from General Fund
$ .50
Redemption of United States Treasury obligations
86,916.72
Interest earned on savings accounts
4,404.05
Interest earned on United States obligations
1,083.28
92,404.55
Disbursements :
Bank service charge
$ 10.00
Interest earned transferred to General Fund
5,477.33
Purchase of United States Treasury obligations
85,639.40
91,126.73
Cash on deposit, October 1, 1962 :
Savings Bank of Ansonia-passbook #101272
$12,857.50
Connecticut Savings Bank-passbook #33130
9,508.35
Dime Savings Bank, Wallingford-passbook #38708
22,779.80
First Federal Savings and Loan Association, Madison-certificate #C-40
10,000.00
First Federal Savings and Loan Association, New Haven-passbook #H8339
4,616.96
Meriden Permanent Savings and Loan Association, - passbook #84404
9,494.31
National Savings Bank, New Haven-passbook #107500
9,513.31
New Milford Savings Bank-passbook #69820
10,000.00
New Haven Savings Bank-passbook #18116
9,684.76
Second National Bank of New Haven, passbook #TD-OA #8
9,272.02
The Union and New Haven Trust Company
36.65
The First New Haven National Bank-passbook #06-1085564
2,011.90
$109.775.56
EXHIBIT G-8
Hamden Recreation Gift Fund:
2,294.63 $
Cash on deposit, October 2, 1961
Receipts :
$ 1,643.83
1,742.46
Disbursements : Reimbursement to General Fund
20.00
Cash on deposit, October 1, 1962 :
First Federal Savings and Loan Association- passbook #7944
$ 4.017.09
Contributions
Interest earned on savings account
98.63
$ 4,037.09
EXHIBIT G-2
103
$200,902.29
TOWN OF HAMDEN TREASURER'S CASH RECEIPTS AND DISBURSEMENTS-ALL FUNDS FISCAL YEAR ENDED OCTOBER 1, 1962
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