USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1913 > Part 4
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$ 63.82
Appropriation
PAYMENTS
Newburyport Gas & Electric Co
275.96
Balance to general treasury
$ 74.04
MISCELLANEOUS
Appropriation
DEPARTMENT RECEIPTS
Fines
$ 8.25
Sale of old paper
7.87
16.12
$ 316.12
PAYMENTS
Telephone
$ 20.49
Postoffice box rent
8.00
Mucilage and ink
3.75
Postal cards
13.25
Pens and pencils
4.15
Paper
10.00
Binding and labels
8.55
Letterheads
5.50
Typewriter supplies
6.60
Printing annual report
8.00
Cards and call slips
23.00
Postage
6.00
Shelf list sheets
1.50
Dog checks and blanks
8.75
.98
$ 350.00
LIGHTING
$ 350.00
$ 300.00
76
ANNUAL REPORTS. PUBLIC LIBRARY-Continued
Feather duster
2.00
Advertising
17.63
Electrical supplies
27.41
Insurance of boiler
11.16
Insurance on building and books
110.63
Freight and teaming
6.34
Street sprinkling
6.55
309.26
Balance to general treasury
$ 6.86
.
77
CITY AUDITOR
RECREATION.
CITY PARKS
Appropriation
$ 500.00 804.00
From Balch Fund
$ 1,304.00
PAYMENTS
Salaries and wages
$ 488.74
Carpenter work and stock
68.38
Repairing drinking fountain
3.50
Repairing lawn mower
1.55
Painting and setting flagstaff
22.00
Broken pipe
1.05
Wire
2.03
Gardener's implements
1.37
Teaming dirt and rubbish
23.50
Cleaning statues
35.00
Returned to trustees of Balch fund
202.00
Street sprinkling
73.75
Lighting
81.66
1,004.53
Balance to general treasury
$ 299.47
ATKINSON COMMON
Appropriation
$ 500.00
DEPARTMENT RECEIPTS
One-half cost of division fence
16.50
$ 516.50
PAYMENTS
Salaries and wages
$ 358.49
Building fence
70.42
Carpenter work and stock
45.57
Wheelbarrow
5.00
Gardeners' implements
.60
Preservation of trees
17.80
Street sprinkling
6.00
503.88
Balance to general treasury
$ 12.62
PLAYGROUNDS
Appropriation
$ 500.00
From general treasury to balance
158.93
.
$ 658.93
78
ANNUAL REPORTS.
RECREATION-Continued
DEPARTMENT RECEIPTS
Refund
...
.20
$ 659.13
PAYMENTS
Supervision of grounds
$ 342.50
Carpenter work and stock
21.75
Plumbing repairs
12.64
Sporting goods
20.83
Sewing supplies
26.63
Hardware
1.45
Setting glass
.58
Ribbon and printing
.80
Rent of land
225.95
Hauling sand
6.00
$ 659.13
79
CITY AUDITOR
CELEBRATIONS.
MEMORIAL DAY
$
300.00
Quartermaster Post 49, G. A. R ..
$
300.00
FIREMEN'S MEMORIAL SUNDAY
$ 75.00
L. G. Bradbury, Treas., for Memorial Sunday
$
75.00
FOURTH OF JULY CELEBRATION
Transferred from Highway Repairs
$ 100.00
PAYMENTS
To 4th of July Celebration committee
$ 100.00
SOLDIERS' AND SAILORS' MEMORIAL ASSOCIATION.
Balance Dec. 21, 1912 $ 1,177.37
Transferred from Highway Repairs 240.00
$ 1,417.37
PAYMENTS
Tablets at Atkinson Common
$ 1,040.00
Granite seats
137.31
Bunting, badges and flags
54.40
Carpenter work and stock
40.00
Quartette at dedication exercises
12.00
Typewriting and postage
10.67
National Cadet Band
69.00
Invitations, cards and envelopes
13.95
Ribbon
2.74
Decorating
7.05
Use of chairs
26.50
1,413.62
Balance to general treasury $ 3.75
Appropriation PAYMENTS
Appropriation PAYMENTS
80
ANNUAL REPORTS.
UNCLASSIFIED.
CITY CLOCKS
Appropriation
PAYMENTS $ 75.00
Salary of superintendent of clocks $ 75.00
Balance Dec. 21, 1912 EMBEZZLEMENT ACCOUNT
$ 221.53
PAYMENTS
Printing record of suits against First National Bank
$
13.75
Balance, Dec. 20, 1913 $ 207.78
WATER FOR PUBLIC BUILDINGS
Appropriation
$ 1,500.00
PAYMENTS
Newburyport Water Works
$ 1,500.00
OTHER CITY PROPERTIES
Appropriation
DEPARTMENT RECEIPTS $ 500.00
Sale of ward six ward room and hose 7 house
$ 425.00
Refund
10.00
Sale of lamp
1.00
$ 936.00
PAYMENTS
Carpenter work and stock $ 47.81
Gas fixtures and repairs
20.94
Setting glass
12.20
Advertising
18.00
Services of auctioneers
40.00
Cleaning paint, oiling floors, etc
12.00
Table
2.50
Bolt
.75
Insurance on almshouse boiler
5.58
Repairs to heating apparatus
21.30
Refund on account of defective tax titles
30.00
Painting and ksomining
8.00
Services of mason
8.40
Shingling ward 5 ward room
78.00
Plumbing repairs
3.02
Removing remains of bonfire
5.00
Taking down bell and teaming
5.00
81
CITY AUDITOR
UNCLASSIFIED-Continued
Building fence at March's hill 34.44
Sinking fund commissioners, receipts from sale of city
425.00
property
Balance to general treasury
158.06
GAS AND ELECTRIC LIGHT INVESTIGATION 100.20
Balance Dec. 21. 1912
PAYMENTS
3.15
Telegrams and postage
34.00
Printing reports
37.15
Balance to general treasury
UNCALLED FOR CLAIMS
56.20
Uncalled for claims 1913
2.36
58.56
JUDGMENT ACCOUNT
PAYMENTS
Balance Dec. 21, 1912
510.49
Elizabeth B. Harris vs. City
841.26
$ 1,351.75
Credit from Tax levy. 1913
510.49
841.26
J. V. FELKER SURETY ACCOUNT
Balance Dec. 21, 1912 2.000.00
PAYMENTS
Expense of conducting suit vs. First National Bank of
Boston
1,000.00
Balance Dec. 20, 1913 1,000.00
63.05
Amount of same Dec. 21. 1912
82
ANNUAL REPORTS.
PUBLIC SERVICE ENTERPRISES.
WATER WORKS
Balance, Dec. 21, 1912
RECEIPTS $ 137.79
From water rates
$45,599.57
From meter rates
10,735.69
From city for fire purposes
3,500.00
From city for public buildings
1,500.00
From city for street sprinkling
432.87
From sundry water receipts
265.83
Total receipts for water
$62,033.96
Other receipts:
From interest
$ 49.19
From service pipe construction 351.58
From extension of mains
392.20
From maintenance
329.05
From bond issue
5,000.00
6,122.02
Total receipts 68,155.98
$68,293.77
PAYMENTS
City, bonds and interest
$28,880.00
Construction
Extensions in Newbury
$ 184.68
Extensions of mains and service pipe
7,708.34
New pump and gate construction
297.35
New supply and filter construction
9,144.98
New meters
216.20
Maintenance
Pumping station
$ 7,973.34
Pumping station at Artichoke
4,805.05
General maintenance
4,343.60
Service and main pipe
1,022.90
Filter bed maintenance
3,162.80
Sundry payments
6.00
Real estate bought
21,313.69 250.00
Total expenditures
67,995.24
Balance Dec. 20, 1913
$ 298.53
17,551.55
S3
CITY AUDITOR
CEMETERIES.
SALARIES AND WAGES
$ 250.00
Appropriation
PAYMENTS
Salary of superintendent
$ 250.00
MISCELLANEOUS PAYMENTS
$ 50.00
From general treasury to balance
PAYMENTS
Rent of land for driveway
$ 20.00
Division fence
9.25
Cleaning vault
1.50
Use of water
15.00
Hardware
.45
Saws, axes and other implements
10.35
Repairing water pipe
.70
Grave strops
1.50
Preservation of trees
2.80
$ 61.55
Appropriation
11.55
$ 61.55
84
ANNUAL REPORTS.
INTEREST.
Appropriation
$35,000.00
REVENUE, CREDITED TO INCOME ACCOUNT.
Interest on overdue taxes and assessments
$ 3,340.06
Interest from Water Commissioners
11,880.00
On bank deposits
863.31
Accrued on bond issues
32.67
On tax notes
4.80
$16,120.84
Credited to tax 1911
1.80
$16,119.04
PAYMENTS
Interest on tax notes
$ 4,133.65
Interest on bonds, High school
2,607.50
Interest on bonds, Currier school
1,040.00
Interest on bonds, water
11,557.78
Interest on bonds, refunding
500.00
Interest on bonds, refunding J. V. F.
2,480.00
Interest on bonds, sewer
5,910.00
Interest on bonds, bridge
735.00
Interest on bonds, refunding trust notes
2,165.62
Interest on bonds, overdraft
360.00
Interest on bonds, new police station
1,199.44
Interest on bonds, Pleasant street extension
560.00
33,248.99
Balance to general treasury
$ 1,751.01
$5
CITY AUDITOR
MISCELLANEOUS ACCOUNTS.
BROMFIELD FUND
CR.
From trustees of trust funds DR.
$ 412.50
Tree warden and care of trees
$ 206.25
Sidewalks and curbing 206.25 $ 412.50
SIMPSON FUND CR.
From trustees of trust funds $ 900.00
DR.
Street sprinkling
$ 900.00
BALCH FUND CR.
From trustees of trust funds, net $ 602.00
City Parks, net DR.
$ 602.00
PREMIUM ACCOUNT REVENUE, CREDITED TO INCOME ACCOUNT
Premium on tax notes No. 35-39 $ .25
Premium on tax notes No. 41-45
.50
$ .75
S6
ANNUAL REPORTS.
MUNICIPAL INDEBTNESS.
Gross city debt, Dec. 21, 1912
$ 839,250.00
DEBTS INCURRED DURING 1913
Anticipation of taxes:
Note No. 33, dated Jan 6, 1913, due April 6, 1913 $ 4,000.00
Note No. 34, dated Feb. 3, 1913, due April 3, 1913 40,000.00
Note No. 35, dated Mar. 25, 1913, due Oct 6, 1913 25.000.00
Note No. 36, dated Mar. 25, 1913, due Oct. 6, 1913 25,000.00
Note No. 37, dated Mar. 25, 1913, due Oct. 6, 1913
25,000.00
Note No. 38, dated Mar. 25, 1913, due Oct. 6, 1913
25,000.00
Note No. 39, dated Mar. 25, 1913, due Oct. 6, 1913
16,000.00
Note No. 40, dated July 21, 1913, due Oct. 6, 1913
20,000.00
Note No. 41, dated Oct. 21, 1913, due April 2, 1914 25,000.00
Note No. 42, dated Oct. 21, 1913, due April 2, 1914
10,000.00
Note No. 43, dated Oct. 21, 1913, due April 2, 1914
10,000.00
Note No. 44, cancelled
Note No. 45, dated Oct. 21, 1913, due April 2, 1914 5,000.00
School Building repair loan 2,000.00
Water Bonds, B 16-B 20 5,000.00
237,000.00
DEBTS PAID DURING YEAR
Note No. 32-40, anticipation of taxes $205,000.00
Bridge Bonds
7,000.00
Overdraft Bonds 2,000.00
Trust Fund Bonds 8,000.00
Water Bonds 17,000.00
Schoolhouse Bonds
2,000.00
Police Station Bonds
3,000.00
Pleasant Street Extension Bonds
2,000.00
Refunding Loan, due April 1, 1913
25,000.00
271,000.00
Gross city debt, Dec. 20, 1913
$ 805,250.00
$1,076,250.00
87
CITY AUDITOR
FINANCIAL STATEMENT FOR 1913.
Statement of Income, Appropriations and Balances for the Year Ending Dec. 20, 1913.
INCOME
Total
Revenue Accounts.
Receipts
Estimated Receipts.
Corporation tax
$15,915.61 $16,000.00
National Bank tax
1,819.30
2,500.00
Street Railway tax
1,846.02
1,500.00
Cemetery, sale of lots
239.00
100.00
Licenses and Permits
14,073.70
1,000.00
Interest
16,119.04
15,000.00
Fines, Forfeits and Rent
2,355.50
1,700.00
Public Library
1,909.06
2,000.00
Municipal building
385.00
200.00
School department
4,165.70
3,000.00
Sealer of Weights and Measures
193.68
150.00
Treasurer and Collector's department
150.20
150.00
Miscellaneous receipts
71.75
$59,243.56 $43,300.00
Liquor licenses estimated, from tax levy by assessors
$12,000.00
$55,300.00
Taxes, 1913
$192,050.39
Taxes, previous years
68,049.02
Street watering
3,390.06
Preservation of trees
1,517.48
Betterments
590.36
$324,840.87
Excess of income over estimate, $3,943.56.
SS
ANNUAL REPORTS.
FINANCIAL STATEMENT FOR 1913 == Continued
REVENUE ACCOUNTS
Department
Appro- priations
Transfers to this dept.
Total credits
Transfers Expend- itures from this dept.
Undrawn
Over- drawn
General Government
Aldermen and Council.
1,300
$ 1,311.50
$ 1,637.02
$ 325.52
Mayor's office ...
1,250
1,250.00
1,231.15
$ 18.85
City auditor's department
1,100
1,100.00
1,013.38
86.62
Treasurer and collector's dept ....
2,600
2,600.88
2,582.67
18.21
Assessors' department ..
2,500
2,500.00
2,469.16
30.84
Expense of bond and note issue. .
100
100.00
114.59
14.59
City clerk's department.
1,650
1,652.75
1,593.27
59.48
City messenger's dept.
900
900.00
900.00
Law department
800
800.00
771.00
29.00
Elections and registration
2,300
2,305.00
1,897.32
407.68
City hall ...
1,000
1,000.00
1,220.01
220.01
License commiss'rs, sal., exp. ..
700
823.00
694.34
128.66.
Protection of Life & Property
Police Department -
Supervision
1,300
1,301.45
1,300.68
.77
Salaries
12,500
12,500.00
11,934.50
565.50
Fuel.
350
350.00
372.40
22.40
Light ..
325
325.00
252.90
72.10
Maintenance of buildings
800
801.72
742.29
59.43
Miscellaneous expenses
500
500.00
450.25
49.75
Fire Department
Supervision
500
500.00
500.00
Salaries
10,000
10,006.00
9,241.93
764.07
Horses and care of same ..
5,000
5,061.00
6,328.27
1,267.27
Fuel .
850
850.00
503.95
346.05
Light ..
400
400.00
308.07
91.93
Hydrant and service water
3,550
3,550.00
3,513.90
36.10
Equipment and repairs
900
1,078.10
1,053.96
24.14
Repairs on buildings
500
502.00
547.89
45.89
Miscellaneous expenses
200
213.50
324.89
111.39
Fire Alarm and Wires
Supervision
300
300.00
300.00
Miscellaneous expenses
400
400.00
238.57
161.43
Inspection of plumbing ..
200
200.00
169.50
30.50
Sealer of weights and measures .
750
750.00
761.09
11.09
Moth extermination ...
2,000
3,556.66
3,569.37
12.71
Care of trees, (including warden)
300
579.61
886.10
306.49
Harbor master .
100
100.00
100.00
Health and Sanitation
Supervision and labor
500
500.00
500.00
Vital statistics
200
200.00
168.60
31.40
Miscellaneous expenses
1,500
1,576.94
4,074.80
2,497.86
Inspection of school children
300
300.00
300.00
Inspection of animals ....
300
300.00
300.00
Inspection of meats & provis'ns ..
500
500.00
500.00
Inspection of milk & vinegar
500
300
800.00
762.50
37.50
Sewer construction
300
1,269.06
1,269.06
Sewer maintenance ..
300
365.37
315.08
50.29
Ashes and rubbish
2,500
2,664.29
2,610.84
53.45
Street cleaning
2,500
2,500.00
3,573.84
1,073.84
Care public convenience sta'ns
100
100.00
91.00
9.00
Highways and Bridges
Supt. and office expenses.
$ 1,600
$ 1,600.00
$ 1,562.61 $
37.39
City teams, drivers' salaries
6,842.68
6,842.68
Repairing
10,000
12,006.64
640
15,199.42
$3,192.78
Curzon Mill Road
500
554.38
554.38
Culverts
1,200
1,217.70
1,700.60
482.90
Bridges
1,500
1,923.62
1,535.73
387.89
Lighting
17,000
17,000.00
16,612.32
387.68
Sprinkling
3,500
7,911.12
6,537.52
1,373.60
Sidewalks and curbing
1,500
2,159.38
2,506.01
346.63
Snow removal ..
1,000
1,009.78
871.54
138.24
Miscellaneous
375
375.00
367.51
7.49
.
39
CITY AUDITOR
FINANCIAL STATEMENT FOR 1913 == Continued
REVENUE ACCOUNTS -Continued
Department
Appropri- Transf's Total ations
to this credits dept.
Transf's from this dept.
Expend- itures
Un drawn
drawn
Charities
Poor department.
12,000
14,034.21
14,955.93
921.72
Anna Jaques hospital ..
600
600.00
600.00
Homeopathic hospital
300
300.00
300.00
Soldiers' Benefits
Military aid
300
348.00
96.00
252.00
Soldiers' relief.
8,000
8,169.73
7,761.06
408.67
Education
Salaries
52,000
52,000.00
51,327.42
672.58
Miscellaneous
4,500
4,559.50
5,185.07
625.57
Fuel.
4,000
4,000.00
2,919.72
1,080.28
Light ..
350
351.00
367.99
16.99
School buildings
1,000
3,021.58
4,748.82
1,727.24
Public Library
Salaries and wages.
4,285
4,285.00
4,237.67
47.33
Miscellaneous payments
300
316.12
309.26
6.86
Fuel.
350
350.00
286.18
63.82
Light ..
350
350.00
275.96
74.04
Recreation
City parks.
500
1,304.00
1,004.53
299.47
Atkinson common.
500
516.50
503.88
12.62
Memorial day ..
300
300.00
300.00
Firemen's Memorial Sunday .
75
75.00
75.00
Playgrounds.
500
500.20
659.13
158.93
Unclassified
City clocks
75
75.00
75.00
Other City property ...
500
936.00
777.94
158.06
Water for public buildings
1,500
1,500.00
1,500.00
Cemeteries
Supervision and labor
250
250.00
250.00
Miscellaneous
50
50.00
61.55
11.55
Interest.
35,000
35,000.00
33,248.99 1,751.0]
Indebtedness
Bridge bonds
7,000
7,000.00
7,000.00
Overdraft bonds.
2,000
2,000.00
2,000.00
Refunding bonds, issue 1908.
4,000
4,000.00
4,000.00
Sinking funds
7,000
7,000.00
7,000.00
Schoolhouse bonds ..
2,000
2,000.00
2,000.00
Police Station bonds, issue 1911
2,000
2,000.00
2,000.00
Police station bonds, issue 1912
1,000
1,000.00
1,000.00
Refunding bonds, issue 1911. . . .
4,000
4,000.00
4,000.00
Pleasant St. Extension bonds .. .
2,000
2,000.00
2,000.00
Total of appropriated accounts 264,185 $300 288,035.97 $640 $291,107.56 10,321.78 $13,393.37
Gas and Electric Light investigation
63.05
Currier School
530.00
Excess of income over estimate.
3,943.56
Soldiers' and Sailors' Memorial ..
3.75
Undrawn balance to Sinking Fund.
408.47
$14,332.14 14,332.14
Over-
90
ANNUAL REPORTS.
FINANCIAL STATEMENT FOR 1913 == Continued NON-REVENUE ACCOUNTS
Department
Balance.
Trans'fs Total Trans'fs Expend- Un- to dept. Credits From Dept. itures drawn
Over- drawn
New Police Station
$800.86
$800.86
$ 252.48 $ 548.38
+State Aid . .
7,546.00
546.00
+Soldiers' Burial ..
333.00
333.00
Embezzlem'nt & Surety Accts .. .
2,221.53
2,221.53
1,013.75 1,207.78
Uncalled for Claims
56.20
58.56
58.56
Judgment Account
510.49
1,351.75
7841.26
Totals
$3,078.59 $240 $3,591.44 $ 10,496.98 1,814.72 $8,720.26
¡To have credit from state.
RECAPITULATION OF EXPENDITURES
General Government
$ 16,123.91
Protection of Life and Property
43,400.51
Health and Sanitation
14,465.72
Highways and Bridges
54,290.32
Charities
15,855.93
Soldiers' Benefits
7,857.06
Education
64,549.02
Library and Reading Room
5,109.07
Recreation
2,542.54
Unclassified
2,352.94
Cemeteries
311.55
Interest
33,248.99
Indebtedness
31,000.00
Payments from revenue
$291,107.56
91
CITY AUDITOR
CITY DEBTS AND ASSETS.
Dec. 20, 1913.
Bond and Notes. Rate.
Due
School Bld'g. Repairs dis ʼt, issue 1913 Apr. 2, 1914. $ 2,000.00
Sewer
4 per cent., issue 1889
Sept., Oct., Nov. 1, 1919 107,500.00
High School
31% per cent., issue 1902 July 1, 1922 35,000.00
High School
312 per cent., issue 1903
Dec. 1, 1923.
50,000.00
Refunding 4 per cent., issue 1909
Nov. 1, 1924. 62,000.00
Sewer 31/2 per cent., issue 1901
Sept. 1, 1931.
46,000.00
Water
31/2 per cent., issue 1904
June 1, 1914-34.
235,000.00
Water
4 per cent., issue 1908
July 1, 1914-38 62,000.00
Water 4 per cent., issue 1911
Dec. 1, 1914-18
16,000.00
Bridge 31/2 per cent., issue 1900
Sept. 1, 1914-15
14,000.00
Refund, trust fd 334 per cent., issue 1908
Sept. 1, 1914-18.
20,000.00
Refund. trust fd. 334 per cent., issue 1911
Mar. 1, 1914-21.
31,750.00
Overdraft 4 per cent., issue 1907
June 1, 1914-17.
8,000.00
Police Bldg. loan 4
per cent., issue 1911
May 1, 1914-18
26,000.00
Police Bldg. loan 4
per cent., issue 1912
Feb. 15, 1914-17
4,000.00
Schoolhouse 4 per cent., issue 1910
Nov. 1, 1914-25
24,000.00
Pleasant St. ext. 4
per cent., issue 1912
Dec. 2, 1914-19
12,000.00
Bonded debt of City, Dec. 20, 1913 $755,250.00
LOANS IN ANTICIPATION OF TAXES
Tax note No. 41, 43, 45 due Apr. 2, 1914
50,000.00
Gross debt of City, Dec. 20, 1913
$805,250.00
ASSETS
Taxes of 1908
uncollected
$ 7,971.20
Taxes of 1909 uncollected
6,768.00
Taxes of 1910 uncollected
6,580.00
Taxes of 1911
uncollected
6,508.39
Taxes of 1912 uncollected
29,431.58
Taxes of 1913 uncollected
72,683.08
$129,942.25
Watering
Streets 1911 uncollected
.38
Watering
Streets 1912 uncollected
307.79
Watering
Streets 1913
uncollected
805.17
1,113.34
Preservation of Trees 1911 uncollected
$ 3.00
Preservation
of Trees 1912 uncollected
248.14
Preservation of Trees
1913 uncollected
380.54
Betterments uncollected
631.68 1,289.63
92
ANNUAL REPORTS.
CITY DEBTS AND ASSETS == Continued.
Embezzlement and Surety Account
1,207.78
Cash in Merchants National Bank, Newburyport 22,726.63
Cash in Old Colony Trust Co., Boston 6,549.59
Cash in Treasurer's office 739.34
30,015.56
State of Massachusetts, State Aid $ 7,498.00
State of Massachusetts, Military Aid
44.00
State of Massachusetts, Soldiers' Burial
370.00
7,912.00
Sinking Funds
168,667.75 340,779.99
Total net debt, Dec. 20, 1913 .$464,470.01
Total net debt, Dec. 21, 1912 $518,129.41
Decrease in net debt
$ 53,659.40
93
CITY AUDITOR
ANNUAL NET DEBT STATEMENT.
The following table shows the net debt at the close of each fiscal year, beginning with the year 1899:
Years.
Net Debt.
Increase.
1899
$289,566.47
1900
286,876.59
1901
317,272.13
$ 30,395.54 4,453.26
1902
321,725.39
1903
369,687.30
47,961.91
1904
646,819.16
277,131.86*
1905
671,536.83
24,717.67
1906
630,305.15
41,231.68
1907
596,120.73
34,184.42
1908
586,259.64
9,861.09
1909
589,904.27
3,644.63
1910
541,348.34
48,555.93
1911
507,916.05
33,432.29
1912
518,129.41
10,213.36
1913
464,470.01
53,659.40
Water Plant acquired.
BORROWING CAPACITY Dec. 20, 1913.
Additional
Total
Net Valuation
1911 $13,114,412.
$301,825.
$13,416,237.
$341,623.
$13,074,614
1912
12,835,482.
394,433.
13,229,915. 536,818.
12,693,097
1913 12,617,958. 467,238.
13,085,196. 199,852.
12,885,344
$38,653,055.
Average net valuation for three years
$12,884,352.00
Debt limit 21/2 per cent. of $12,884,352 is
322,108.80
City debt, omitting tax loans
755,250.00
Debts outside the limit allowed by special acts:
Sewers (Acts 1889 and 1900) $153,500.00
Water (Acts 1894 and 1908) 313,000.00
Bridge (Acts 1904, Chap. 359)
14,000.00
High School (Acts 1902, Chap. 237)
70,000.00
550,500.00
Debt within the limit
$ 204,750.00 Total sinking funds $ 168,667.75
Less for debts outside the limit 139,948.72
Sinking fund for debts within the limit 28,719.03
Net debt within the limit
176,030.97
Borrowing capacity Dec. 20, 1913
$146,077.83
Decrease $ 88,720.01 2,689.88
Year.
Valuation. Assessments.
Valuation. Abatements.
94
ANNUAL REPORTS.
SINKING FUNDS
In Hands of Sinking Fund Commissioners.
Total amount of funds Dec. 21, 1912 $ 178,778.31 Receipts during year:
From city undrawn balance 1912 $ 190.59
From city sale of real estate 525.00
From city appropriation 1913
7,000.00
From city undrawn balance 1913 408.47
Income from investments
6,466.44
Premiums on investments
380.60
14,971.10
PAYMENTS
To city to retire loan $25,000.00
Accrued interest 81.66
25,081.66
Total amount of funds Dec. 20, 1913 $168,667.75
The above funds are apportioned to retire the City debt as follows:
SEWERAGE LOAN
$107,500, 4 per cent. due Sept. 1, Oct. 1, Nov. 1, 1919.
Total funds Dec. 21, 1912 $77,845.23
Appropriation 1913 1,200.00
Net income for 1913
3,890.33
82,935.56
INVESTED
Newburyport 4 per cent. sewer bonds, due Sept. 1, 1919 .. $22,000.00
Newburyport 4 per cent. sewer bonds, due Oct. 1, 1919 .. 7,500.00
Newburyport 4 per cent. sewer bonds, due Nov. 1, 1919 .. 35,000.00 Newburyport 31/2 per cent High School, due July 1, 1922 3,000.00
Newburyport 4 per cent. overdraft, due June 1914-1917 8,000.00
Utica 41/2 per cent., due July 1, 1919 3,000.00
Dubuque 4 per cent., due April 1, 1919 2,000.00
Five Cents Savings Bank, City 2,435.56
$ 82,935.56
HIGH SCHOOL LOAN $35,000 31/2 per cent., due July 1, 1922.
Total funds Dec. 21, 1912 $20,079.39
Appropriation for 1913 800.00
Net Income for 1913 691.49
Premiums on bonds purchased 53.90
$ 21,624.78
INVESTED
Newburyport 31/2 per cent. High School bonds, due
July 1, 1922
$21,000.00
Merchants National Bank 624.78
$ 21,624.78
$193,749.41
95
CITY AUDITOR
SINKING FUNDS == Continued. HIGH SCHOOL LOAN $50,000 31/2 per cent., due Dec. 1, 1923.
Total funds Dec. 21, 1912 $21,467.80
Appropriation for 1913
1,600.00
Undrawn balance of 1912
190.59
Undrawn balance of 1913
408.47
Net income for 1913
801.69
Premium on bonds purchased
165.00
$24,633.55
INVESTED
Dubuque 4 per cent. bonds, due April 1, 1919
$ 4,000.00
Newburyport 31/2 per cent. High School bonds due July 1, 1922
2,000.00
Newburyport 31/2 per cent. High School bonds due Dec. 1 1923 3,000.00
Newburyport 31/2 per cent. Water due June 1, 1922, 1923, 1924
3,000.00
Newburyport 31/2 per cent. Water due June 1, 1928
1,000.00
Fitchburg R. R. 31/2 per cent. due Oct. 1, 1921
10,000.00
Boston & Maine R. R. 31/2 per cent. due Jan. 1, 1923 1,000.00
Merchants National Bank
633.55
24,633.55
REFUNDING BONDS $62,000 4 per cent. due Nov. 1, 1924
Total funds Dec. 21, 1912
$16,243.25
Appropriation for 1913 2,600.00
Income for 1913 611.00
19,454.25
INVESTED
Dubuque 4 per cent. bonds due April 1, 1919 $ 3,000.00
Boston & Maine R. R. 31/2 per cent. bonds due Jan. 1, 1923 3,000.00
Boston & Maine R. R. 4 per cent. bonds due Sept. 1, 1926 5,000.00
Newburyport 31/2 per cent. sewer due Sept. 1, 1931. 5,000.00
Pittsfield serial 31/2 per cent. due Aug. 15, 1916, 1918 3,000.00
Merchants National Bank 454.25
19,454.25
SEWERAGE LOAN $46,000 31/2 per cent. due Sept. 1, 1931
Total funds Dec. 21, 1912
$18,142.64
Appropriation for 1913
800.00
From City for sale of real estate 525.00
Income for 1913 551.97
20,019.61
96
ANNUAL REPORTS.
SINKING FUNDS == Continued.
INVESTED
Newburyport 31/2 per cent Sewer bonds due Sept. 1, 1931 $15,000.00
Pittsfield 31/2 per cent. bonds due June 1, 1916 1,000.00
Merchants National Bank 3,691.58
Newburyport Five Cents Savings Bank 328.03
20,019.61
SUMMARY
City of Newburyport 4 per cent. Overdraft, due June 1, 1914-1917. $ 8,000.00
City of Pittsfield 31/2 per cent., due June 1, 1916 1,000.00
City of Pittsfield 31/2 per cent., due Aug. 15, 1916-1918 3,000.00
City of Newburyport 4 per cent., Sewers, due Sept. 1, 1919 22,000.00
City of Newburyport 4 per cent., Sewers, due Oct. 1, 1919 7,500.00
City of Newburyport 4 per cent., Sewers, due Nov. 1, 1919 35,000.00
City of Dubuque 4 per cent., due April 1, 1919
9,000.00
City of Utica 41/2 per cent., due July 1, 1919
3,000.00
Fitchburg, R. R., due Oct. 1, 1921
10,000.00
City of Newburyport 31% per cent., Water, due June 1, 1922, 1923, 1925
3,000.00
Boston & Maine R. R. 31/2 per cent., due Jan. 1, 1923
4,000.00
City of Newburyport 31/2 per cent., High School, due July 1, 1922. 26,000.00 City of Newburyport 31/2 per cent., High School, due Dec. 1, 1923 3,000.00
Boston & Maine R. R., 4 per cent., due Sept. 1, 1926 5,000.00
City of Newburyport 31/2 per cent., Water, due June 1, 1928 1,000.00
City of Newburyport 31/2 per cent., Sewer, due Sept. 1, 1931 20,000.00
Five Cents Savings Bank Newburyport 2,763.59
Merchants National Bank Newburyport 5,404.16
$168,667.75
BONDS DEPOSITED WITH COMMISSIONERS
J. L. McLean, City Marshal, $1000 Massachusetts Bonding & Ins. Co., expires Jan. 7, 1914.
H. W. Little, City Clerk, $3000 Massachusetts Bonding & Ins. Co., expires Jan. 6, 1914.
H. F. Whiton, Treasurer and Collector, $30,000 in London & Lancashire Guar- antee & Accident Co., expires July 19, 1914.
Harold S. Noyes, Secretary and Treasurer Water Works, $5000 in Fidelity and Deposit Co. of Maryland, expires July 10, 1914.
97
CITY AUDITOR
TRUST FUNDS.
In hands of Sinking Fund Commissioners and Special Trustees.
THE LAW. Chapter 322.
An act to provide for the auditing of certain trust funds and accounts. Be it enacted, etc., as follows:
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