USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1922 > Part 4
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SOLDIERS' RELIEF
Appropriation
$6,400.00
Payments
Clerk hire
$400.00
Stationary, stamps and office supplies
4.51
Service of physician and medicinal supplies
295.94
Board and nursing
556.50
Groceries and provisions
43.25
Fuel
1,285.90
Cash disbursements
3,254.00
Printing and advertising
4.75
Traveling expenses
5.31
Telephone calls
.50
Balance to general treasury
$5,,850.66 $549.34
GERMAN WAR RELIEF
Cash paid benefciaries
$15.00
Balance forward
45.00
$60.00
Payments
Balance
$45.00
Cash payments
15.00
$60.00
STATE AID
Refund
15.00
Received from State amounts paid in 1921
$5,380.00
By balance due for amounts paid in 1922
4,575.00
$9,970.00
70
ANNUAL REPORT
Payments
Cash paid beneficiaries
$5,005.00
Balance Dec. 17, 1921
4,965.00
$9,970.00
SOLDIERS' BURIAL
Dr.
Balance due for payments made in 1921
$360.00
Payments to burial agent in 1922 180.00
Cr.
$360.00
Balance forward
$180.00
MILITARY AID
Appropriation
$100.00
From State
124.25
Balance forward
120.75
$345.00
Payments
Cash dsbursements
$345.00
CARE OF SOLDIERS' GRAVES
Appropriation
$50.00
Payments
Cash payments
$25.25
Balance to general treasury $24.75
$540.00
Received from State
71
CIEY AUDITOR
EDUCATION
SALARIES
Appropriation
$98,500.00
Supplementary appropriation
950.00
Refund
8.00
$99,458.00
Payments
Superintendent
$3,000.00
Clerical assistants
1,838.86
Truant officer
999.97
High School teachers
26,412.50
Elementary School teachers
52,629.18
Manual Training teachers
228.00
Cooking and sewing school teachers
1,959.50
Music teacher
1,035.00
Drawing teacher
1,100.00
School Nurse
1,100.00
Janitors' services
7,584.35
Laboratory assistants
48.00
Americanization teacher
845.00
Noon caretaker
13.50
$98,793.86
Balance to general treasury
$664.14
MISCELLANEOUS
Appropriation From general treasury to balance
$7,500.00
1,738.77
$9,238.77
72
ANNUAL REPORT
Department Receipts
Sale of old books and supplies
160.19
Use of telephone
27.15
Refunds
4.05
191.39
$9,430.16
Revenue, credited to income account
Tuition
$4,417.47
Putnam trustees
1,200.00
Brown Fund
733.77
From State, tuition
661.49
$7,012.73
Payments
ADMINISTRATION
Office supplies and stationary
$187.55
Stamps and stamped envelopes
92.21
Telephone rental
342.32
Traveling expenses
92.00
Printing and advertising
358.04
Post office box rent
2.00
Text Books and Supplies
Text books
$3,021.95
Typewriting supplies
91.10
Drawing supplies
1,030.55
Stationary, cards and supplies
1,166.34
Magazines and bulletins
11.80
Sewing and cooking supplies
290.68
Laboratory equipment and repairs
219.11
Maps and charts
33.98
Express, teaming and freight
226.24
School boy badges
37.50
Typewriter repairs
41.98
$1,074.12
$6,171.23
73
CITY AUDITOR
Other Expenses
Decorating stage for graduation
10.00
Diplomas, engrossing and ribbons
180.50
Cooking school laundry
4.60
Janitors' supplies
124.03
Balance due on piano
65.00
Tuning piano
25.50
Rent of piano
10.00
Paper towels, etc.
129.25
Support of truants
166.78
Transportation
894.47
Manuel training supplies
574.68
2,184.81
$9,430.16
FUEL
Appropriation
$7,000.00
From general treasury to balance
1,784.22
$8.784.22
Payments
High School
Coal
$1,290.20
Currier School
Coal
$1,868.34
Wood
207.50
$2,075.84
Jackman School
Coal
$1,511.28
Wood
54.00
$1,565.28
Curtis School
Coal
$827.61
Wood
174.50
Storing wood
1.00
$1,003.11
Bromfield Street
Coal
$294.85
Wood
8.25
.
303.10
74
ANNUAL REPORT
Temple St. School Coal
$252.28
Wood
8.50
$260.78
Moultonville School
Coal
$72.50
Wood
7.00
79.50
Davenport School
Coal
$943.28
Wood
$13.00
$965.28
Kelley School
Coal
$981.16
Hancock St. School
Coal
$169.72
Wood
5.75
$175.47
Purchase St. School
Coal
$87.00
Wood
6.50
$93.50
$8,784.22
LIGHTING
Appropriation
$550.00
From general treasury to balance
167.68
Payments
High School
$455.30
Currier School
62.96
Jackman School
36.37
Kelley School
62.96
Temple Street School
5.30
Purchase Street School
69.44
Curtis School
18.59
Public Library (Domestic Art School)
6.76
$717.68
$717.68
75
CITY AUDITOR
SCHOOL BUILDINGS
Appropriation Sale of old material
$5,000.00
36.28
From general treasury to balance. 2,336.01
$7,372.29
Payments
High School
Mason and stock
$66.09
Plumber and stock
123.17
Carpenter and stock
957.73
Filing cabinet
9.25
Mantles, globes, etc.
13.90
Setting glass and painting
39.43
Electrical supplies and labor
336.78
Machinist and stock
4.35
Repairs on heater
26.73
New Furniture and furnishings
272.67
Hardware
175.01
Janitors' supplies
17.83
Electric power
20.00
Insurance
51.20
Repairs on clock
36.90
Teaming
5.00
Cleaning
8.80
Repairs on roof
62.71
$2,227.55
Curtis School
Mason and stock
$16.25
Plumber and stock
170.76
Setting glass and painting
7.30
Carpenter and stock
73.39
Janitors supplies
7.00
Hardware
4.90
Jackman School $279.60
Carpenter work and stock
$171.74
Hardware
34.25
76
ANNUAL REPORT
Paint and glass
24.69
Plumber and stock 102.21
Repairs on gutters
2.00
Janitors' supplies
22.80
New furniture and furnishings
170.41
Repairs on piano and graphonola
11.00
$539.10
Currier School
Plumber and stock
$87.00
Hardware
16.85
Carpenter and stock
47.05
Paint and glass
8.35
Repairs on heater
133.88
Picture
4.00
$297.13
Davenport School
New chairs
$33.92
Carpenter and stock
670.18
Repairs on plumbing
222.57
Mason and stock
410.80
Setting glass and painting
5.50
Hardware
16.96
Repairs on heater
31.97
Electrician and stock
1.05
Repairs on roof and gutters
213.58
Janitors' supplies
1.85
$1,608.38
Purchase Street School
Paint and glass
$3.40
Repairs to plumbing
15.48
Carpenter and stock
10.08
Repairs to heater
55.00
77
CITY AUDITOR
Janitors' supplies
3.43
Repairing clock
. 2.00
$89.39
Hancock Street School
Carpenter and stock
$8.85
Janitors' supplies
2.50
Repairs on heater
6.70
Repairs on clock
2.00
Paint and glass
2.30
New chairs
13.50
Labor as per payrolls on sewer
1.75
City teams payrolls on sewer
2.10
$39.70
Kelley School
Hardware
29.00
Plumber and stock
21.17
Tuning piano
7.50
Paint and glass
26.73
Repairs on heater
3.70
Carpenter and stock
411.72
Furniture and furnishings
56.05
Repairs on clock
2.00
Boiler insurance
. . 3.07
$560.94
Bromfield Street School
Chairs
$33.92
Repairs on heater
27.25
Plumber and stock
21.90
Paint and glass
4.60
Carpenter and stock
2.50
Janitors' supplies
3.35
$93.52
78
ANNUAL REPORT
Temple Street School
Carpenter and stock
$17.05
Plumber and stock
22.30
Hardware
1.13
Repairs on heater
36.49
$76.97
Moultonville School
Carpenter and stock
$4.00
Hardware
3.60
Mason and stock
10.62
$18.22
All Schools
Floor oil, paint and hardware
$66.90
Street Sprinkling
30.00
Carpenter and stock
4.02
Insurance
302.55
Furniture
1,049.82
Removing ashes and snow
52.50
Services of city teams
36.00
$1,541.79
$7,372.29
79
CITY AUDITOR
PUBLIC LIBRARY
Salaries and wages
Appropriation
$6,418.00
Income from Cole Fund
100.00
From general treasury to balance
50.12
$6,568.12
Revenue, credited to income account
Dog Licenses
$435.83
Income from Trust Funds
A. E. Cutter
155.63
S. W. Marston
190.63
E.S. Moseley 190.63
416.19
E. H. Stickney
476.52
J. M. Bradbury
50.62
C. M. Bradstreet
50.63
$1,966.68
Payments
Salary of Librarian $2,000.00
Salaries of assistants 3,450.00
Salary of Janitor
1,118.00
$6,568.12
Books, Periodicals, etc.
Balance from 1921
$812.31
Department Receipts
Interest on Trust Fund income
$40.01
Interest from Trust Funds :
John J. Currier 50.00
W. O. Moseley
80
ANNUAL REPORT
W. H. P. Dodge
132.24
Nathan D. Dodge
42.50
J. A. Frothingham 50.00
S. A. Green 90.00
George Haskell
53.60
M. P. Sawyer
225.00
J. R. Spring
1,000.00
Benjamin G. Sweetser
250.00
W. C. Todd
671.24
A. Williams
45.00
$2,649.59
$3,461.90
Payments
Books
$983.84
Papers and magazines
342.19
Binding
362.48
Music books
14.06
Labels, glue, etc.
3.24
Advertising and printing
32.75
Freight and express
13.15
$1,751.71
Balance December 16, 1922
$1,710.19
Fuel
Appropriation
$900.00
Payments
Coal
831.09
Balance to general treasury
68.91
Lighting
Appropriation
$375.00
Payments
Newburyport Gas & Electric Co.
313.34
Balance to general treasury 61.66
81
CITY AUDITOR
Miscellaneous
Appropriation
$400.00
From general treasury to balance
486.61
Department Receipts
Sale of old paper and books
28.43
Fines
121.95
Refund
8.50
Telephone tolls
.10
Old Bank Account
.85
159.83
$1,046.44
Payments
Telephone
$27.65
Post office box rent
10.00
Office supplies and stationery
44.95
Postage
31.75
Printing and advertising
57.42
Lights and repairs on same
31.05
Labor as per payrolls, removing ashes
19.50
Hardware
3.55
Repairs on heater
12.00
Repairs on furniture
18.00
Typewriter
57.38
Street Sprinkling
4.86
Freight and express
.48
Janitors' supplies
15.75
Insurance
712.10
$1,046.44
82
ANNUAL REPORT
RECREATION
CITY PARKS
Appropriation
$500.00
From Balch Fund
506.25
Sale of loam
3.00
$1,009.25
Payments
Street Sprinkling
$115.32
Salaries and wages
729.25
Equipment and repairs on same
34.18
Trees and plants
23.20
Sign
2.50
Flag
9.00
Trucking
20.00
Mowing grounds
6.00
Carpenter and stock
17.30
956.75
Balance to general treasury
$52.50
ATKINSON COMMON
Appropriation
$500.00
From A. Gertrude Cutter Fund
500.00
From Gorwaiz Fund
5.05
From Knight Fund
20.25
$1,025.30
Payments
Supervision and labor
$901.25
Equipment and repairs on same
7.00
Street Sprinkling 7.00
83
CITY AUDITOR
Plumber and stock
5.58
Carpenter and stock
70.88
991.71
Balance to general treasury 33.59
CARE OF MOSELEY WOODS
Balance forward
$483.00
Appropriation
500.00
Sale of hay
46.00
$1,029.00
Payments
Salary of caretaker
$440.00
Carpenter and stock
120.00
Preservation of trees
32.00
Hardware
29.51
Painting and lettreing signs
11.65
Lavatory supplies
10.50
Labor on trees
4.00
$647.66
Balance forward
$381.34
RIVERSIDE PARK
Appropriation
$100.00
Payments
Teaming
36.00
Balance to general treasury
$64.00
BULK HEAD AT LOWER PARK SITE
Appropriation $1,200.00
84
ANNUAL REPORT
Payments
Transfer
$600.00
Postage
9.98
Typewriting
6.00
$615.98
Balance to general treasury
$584.02
PLAYGROUNDS
Appropriation
$1,000.00
From general treasury to balance
48.33
$1,048.33
Payments
Supervision of grounds
$246.00
Salaries of assistants
192.00
Sporting goods and equipment
3.11
Paint and hardware
18.67
Mowing grounds
9.00
Plumber and stock
7.15
Labor as per payrolls
106.00
Rent of land
75.00
Pipe and cement
7.12
Carpenter and stock
359.28
Compensation for personal injuries
25.00
$1,048.33
PLAYGROUND SUPERVISOR
Appropriation . . .
$250.00
Payments
Supervisor
$125.00
Balance forward
$125.00
.
,
85
CITY AUDITOR
CENTRAL PARKS AND PLAYGROUNDS
Bond issue
$20,000.00
Payments
Real estate taken:
Lura M. Lord
$1,500.00
George T. Castle
1,250.00
Mary E. Creeden
850.00
Eleanor Dale
456.25
Alice M. Williams Mahuran
356.25
George A. M. Williams
356.25
Mary Creeden
500.00
Pietro Merluzzi
900.00
Adelaide Caldwell
578.13
Certification of bond issue
120.00
Legal services
300.00
Removing ยท building
98.80
Recording deeds
16.00
Service fees
42.90
Surveys and plans
153.41
Typewriting
23.30
Postage
2.38
Expenses of Committee at hearings
43.04
Equipment
30.45
Rubber boots
15.10
Manhole covers
34.17
Advertising and printing
3.13
Labor as per payrolls
1,208.81
City Teams
80.70
Cement
63.09
$8,982.16
Balance forward
$11,017.84
86
ANNUAL REPORT
CELEBRATIONS
MEMORIAL DAY
Appropriation $350.00 50.00
Supplementary appropriation
$400.00
Payments
Quartermaster Post 49, G. A. R.
$400.00
FIREMEN'S MEMORIAL SUNDAY
Appropriation
$75.00
Payments
Fire Department, Memorial Committee
$75.00
AMERICAN LEGION FO RMEMORIAL DAY
Appropriation
$100.00
Payments
American Legion $100.00
87
CITY AUDITOR
UNCLASSIFIED
-
CITY CLOCKS
Appropriation
$150.00
Payments
Salary of Superintendent of Clocks
$149.50
Balance to general treasury
.50
WATER FOR PUBLIC BUILDINGS
Appropriation
$1,500.00
Payments
Newburyport Water Works
$1,500.00
DAMAGES TO PERSONS AND PROPERTY
Appropriation
$600.00
Payments
John Healey for damage to dwelling
$600.00
OTHER CITY PROPERTIES
Appropriation
$500.00
Rent
90.00
Sale of old material
20.67
$610.67
88
ANNUAL REPORT
Payments
Almshouse carpenter and stock
$227.98
Repairing clocks Printing and advertising
4.00
2.00
$233.98
Balance to general treasury $376.69
JUDGEMENT ACCOUNTS
Tax levy, 1922
$3,383.51
Balance forward
1,200.00
Payments
Balance forward
$450.00
Jones & Lawton
187.22
School teachers
1,171.29
Slocum casse
850.00
Richardson case
725.00
Annie M. Powers Case
700.00
Emily J. Butler case
500.00
$4,583.51
BRONZE TABLETS FOR WORLD WAR VETERANS
Appropriation
$1,500.00
Payments
Typewriting
15.13
Balance forward
$1,484.87
PHOTOS OF SOLDIERS
Balance from 1921
$101.00
Payments
Photographs
44.00
Balance forward $57.00
$4,583.51
89
CITY AUDITOR
CEMETERIES
Appropriation
$550.00
Supplementary appropriation 200.00
$750.00
Payments
Labor as per payrolls
$682.50
Rent of land for driveway
20.00
Repairs on equipment
22.32
Use of water
15.00
Street Sprinkling equipment
5.00
$744.82
Balance to general treasury
$5.18
90
ANNUAL REPORT
TEMPORARY ACCOUNTS
BUILDING PERMITS
Balance
$27.00
Permits issued by City Clerk
132.00
$159.00
Payments
To Inspector of Buildings
$150.00
Balance forward $9.00
SCHOOL TEACHERS' PENSIONS
From teachers
$3,300.50
To Teachers' Retirement Association
$3,300.50
UNCALLED FOR CLAIMS
Balance from 1921 $176.01
Cr.
By uncalled for claims during year
10.25
Balance forward
$186.26
COUNTY OF ESSEX (Dog Account)
Balance Dr. $4.00
Payments
91
CITY AUDITOR
PUBLIC SERVICE ENTERPRISES
WATER WORKS
Balance December 17, 1921 $3,292.55
MAINTENANCE ACCOUNTS
Receipts
Water rates
$49,328.51
Meter rates
11,264.97
Sundry water supplies
424.06
City for fire service and buildings
5,000.00
Miscellaneous maintenance receipts
353.87
Interest on deposits
61.07
$66,432.48
Payments for Maintenance
Pumping station
$12,941.01
Pumping Station Artichoke
7,285.47
General maintenance
5,229.47
Hydrant maintenance
619.24
Gate maintenance
338.05
Reservoir maintenance
224.33
Meter maintenance
199.13
Service pipe maintenance
6,738.34
Main pipe maintenance
5,062.18
Filter bed maintenance
156.00
Street standpipe maintenance
24.00
Artichoke River maintenance
146.30
Automobile
505.98
Frog pond system
17.00
Total maintenance
$39,486.50
Net earnings
$26,945.98
92
ANNUAL REPORT
Payments for Debt
Bonds retired
$14,000.00
Interest on bonds
7,527.50
$21,527.50
Net income
$5,418.48
Balance
$8,711.03
NEW CONSTRUCTION ACCOUNTS
Receipts
Service pipe construction $226.06
Payments
Extension of mains
$342.40
Purchase of real estate
151.00
Hydrant construction
139.50
Service pipe construction
1,166.18
Gate construction
123.50
Meters
404.43
Service pipe construction, Newbury
100.65
Total paid for new construction
2,427.66
Construction paid from earnings
$2,201.60
Balance December 16, 1922 $6,509.43
93
CITY AUDITOR
INTEREST
Balance from 1921
$13,408.27
Appropriation
20,000.00
Accrued interest received
373.33
$33,781.60
Revenue, Credited to Income Accounts
Interest on overdue taxes and assessments
$4,508.06
Interest from water commissioners 7,527.50
On bank deposits
2,544.31
$14,574.87
Payments
Interest on tax notes
$3,960.24
Interest on bonds, High School
3,156.00
Interest on bonds, Currier School
320.00
Interest on bonds, water
7,667.50
Interest on bonds, refunding J. V. F.
2,480.00
Interest on bonds, sewer
1,610.00
Interest on bonds, New Police Station
360.00
Interest on Fire Dept. Equipment loan
175.05
Interest on reconstruction of Highway loans
10,208.26
29,937.05
Balance forward
$3,844.55
94
ANNUAL REPORT
MISCELLANEOUS
TRUST FUND INCOME
-
ATWOOD FUND
Cr.
Balance, December 17, 1921 $710.78
From trustees of trust funds 137.50
Dr. $848.28
$220.00
Balance December 16, 1922
$628.28
BALCH FUND
Cr.
From trustees of trust funds
$506.25
City Parks
$506.25
BROMFIELD FUND
Cr.
From trustees of trust funds
$500.00
Dr.
Tree Warden and care of trees
$250.0.0'
Sidewalks and curbins 250.00
$500.00
Cash payments to beneficiaries
Dr.
95
CITY AUDITOR COLE FUND Cr.
From trustees of trust funds $100.00
Dr.
To Public Library salaries
$100.00
DEXTER FUND
Cr.
Balance December 17, 1921
$146.56
From trustees of trust funds 86.92
$233.48
Balance December 16, 1922
$233.48
FOLLANSBEE FUND
Cr.
Balance December 17, 1921
$342.94
From trustees of trust funds 155.72
Dr
Fuel for beneficiaries
$251.63
Balance December 16, 1922
$247.03
GORWAIZ FUND
Cr.
From trustees of trust funds
$5.05
Dr.
To Atkinson Common 5.05
$498.66
96
ANNUAL REPORT CHARLES KNIGHT FUND Cr.
From trustees of trust funds $20.25
Dr.
To Atkinson Common 20.25
PAUL A. MERRILL FUND
Cr.
Balance December 17, 1921
$25.00
From trustees of trust funds 50.00
Dr. $75.00
Cchool Prize, D. C. Wells
50.00
Balance December 16, 1922
$25.00
SIMPSON FUND
Cr.
Balance December 17, 1921 $186.46
From trustees of trust funds
647.07
$833.53
Dr.
Street sprinkling
$900.00
Overdrawn balance forward, Dec. 16, 1922
$66.47
R. N. TOPPAN FUND
Cr.
Balance December 17, 1921
$38.77
From trustees of trust funds
12.50
Dr. $51.27
School Prize, D. C. Wells
$12.50
Balance December 16, 1922
$38.77
97
CITY AUDITOR
MUNICIPAL INDEBTEDNESS
Gross city debt December 17, 1921 $609,000.00
Debts incurred During 1922
Plum Island Bridge Bonds
$28,274.91
Revenue notes No. 82, 89 discounted
225,000.00
Highway construction
100,000.00
Central Park and Playgrounds Bonds
20,000.00
$373,274.91
Debts Paid During Year
Revenue notes No. 82-89
$225,000.00
Schoolhouse Bonds
2,000.00
Water Bonds
14,000.00
Police Station Bonds
2,000.00
Paving State Street loan
1,000.00
Re. High and State St. Bonds
13,000.00
Re. High Street
29,000.00
Re. State St. Newbury Line
2,000.00
Fire Dept. Equipment loan
2,000.00
High School Bonds
35,000.00
325,000.00
Increase in debt during year 48,274.91 Gross City Debt December 16, 1922 $657,274.91
98
ANNUAL REPORT
CITY DEBTS AND ASSESSMENTS
December 16, 1922
Bonds and notes
Rate
Issued
Due
Amount
High School
31/2 p.c.
1903
Dec. : 1, 1923
$50,000.00
Refunding
.4 p.c.
1909
Nov. 1, 1924
62,000.00
Sewer
.31/2 p.c.
1901
Sept. 1, 1931
46,000.00
Water
.31/2 p.c.
1904
June 1, 1923-34
132,000.00
Water
4 p.c.
1908
July 1, 1923-38
40,000.00
Water
41/2 p.c.
1914
Oct. 1, 1923-44
22,000.00
Police Building
. 4 p.c.
1911
May 1, 1923-26
8,0100.00
Schoolhouse
4 p.c.
1910
Nov. 1, 1923-25
6,000.00
Fire Equip.
43/8 p.c.
1919
Oct. 24, 1923
2,000.00
Re. State St.
4.80 p.c.
1919
Nov. 1, 1923-29
7,000.00
Re. State St.
4.65 p.c.
1918
Dec. 2, 1923
1,000.00
Re. High and
State Sts.
412 pc.
1919
Nov. 1, 1923-24
20,000.00
Re. High and
State Sts.
51/2 p.c.
1920
Nov. 1, 1923-25
6,000.00
Re. High and
State Sts.
51/2 p.c.
1920
Nov. 1, 1923-25
3,000.00
Re. High St.
. 6 p.c.
1920
Nov. 1, 1923-25
30,000.00
Re. High St.
6 p.c.
1921
June 1, 1923-26
60,000.00
Re. High St.
5.10 p.c.
1921
Nov. 1, 1923-26
10,000.00
Re. High St.
1.85 p.c.
1921
Dec. 1, 1923-26
4,000.00
Plum Is. Bridge .. 41/4 p.c.
1922
Dec. 1, 1923-41
28,274.91
Re. Merrimac St.
. 4 p.c.
1922
July 1, 1923-27
100,000.00
Central Park and
Playgrounds .. 4 p.c.
1922
July 1, 1923-42
20,000.00
$657,274.91
ASSETS
Taxes of 1920 unncollected
$5,700.12
Taxes of 1921 uncollected
35,104.65
Taxes of 1922 uncollected
91,140.30
$131,945.07
99
CITY AUDITOR
Sprinkling Streets 1920 uncollected
122.75
Sprinkling Streets 1921 uncollected
377.58
Sprinkling Streets 1922 uncollected 537.84
$1,038.17
Preservation of trees, 1919 uncoll. 2.80
Preservation of trees, 1920 uncoll.
18.85
Preservation of trees, 1921 uncoll.
182.15
Preservation of trees, 1922 uncoll.
241.75
445.55
Betterments uncollected
24.10
Cash in American Trust Company $6,732.52
Cash in Ocean National Bank
62,398.78
Cash in Treasurer's office
945.35
70,076.65
State of Massachusetts Soldiers' Burial
180.00
State of Massachusetts State Aid 4,575.00
4,755.00
County of Essex Dog Account
4.00
Sinking Funds 140,737.17
$349,025.71
Total net Debt Dec. 16, 1922
$308,249.20
Total net debt Dec. 17, 1921
$279,088.07
Increase in net debt.
$29,161.13
ANNUAL NET DEBT STATEMENT
The following table shows the net debt at the close of each fiscal year beginning with the year 1899:
Year
Net Debt
Increase
Decrease $88,720.01 2,689.88
1901
317,272.13 $30,395.54
1902
321,725.39 4,453.26
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
1899
$289,556.47 286,876.59
1900
100
ANNUAL REPORT
1907
569,120.73
34,184.42 9,861.09
1908
586,259.64
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
1914
471,146.63
6,676.62
1915
426,408.64
44,747.99
1916
360,438.53
65,970.11
1917
295,736.53
64,702.00
1918
253,982.14
41,754.39
1919
250,963.43
3,045.71
1920
262,265.30
11,328.87
1921
279,088.07
16,907.76
1922
308,249.20
29,161.13
*Water plant acquired in 1904.
BORROWING CAPACITY
Additional
Total
Year
Valuation
Assessments
Valuation
Abatements
Net Valuation
1920
$11,919,502
$2,150
$11,921,652
$90,350
$11,831,302
1921
12,179,966
39,460
12,219,426
159,030
12,060,396
1922 12,546,326
12,546,326
90,200
12,456,126
Average net valuation for three years $12,115,941
Debt limit 21/2 per cent of $12,115,941
$302,898.52
*City Debt omitting revenue loans
$657,274.91
Debt outside the limit, allowed by Special Acts
Sewer (Acts 1889 and 1900)
$46,000.00
Water (Acts 1894, 1908, 1913)
194,000.00
High School (Acts 1902, chap, 347
35,000.00
Plum Island Bridge Loan
28,274.91
Merrimac Street Loan
100,000.00
403,274.91
Debt within the limit
$254,000.00
Total Sinking Funds $140,737.17
Less for debts outside the limit 57,781.26
Sinking funds for debt within the limit 82,955.91 Net debt wthin the limit $171,044.09
Borrowing capacity, December 16, 1922 $131,854.43
Authorized School Loan 175,000.00
$306,854.43
101
CITY AUDITOR
SINKING FUNDS
In hands of Sinking Fund Commissioners
Cash on hand December 17, 1921
$1,183.96
Receipts during year
Income from investments $6,701.05
Premium on investments
20.00
City appropriations 1922
600.00
Securities sold and matured
45,300.00
$52,621.05
Payments
Securities purchased
$7,300.31
Accrued interest
6.42
City to retire High School loan
35,000.00
$42,306.76
Increase in cash on hand $10,314.29
Cash on hand December 16, 1922
11,498.25
Investment account
Total securities Dec. 17, 1921
$167,238.58
Securities purchased during year 7,300.34
$174,538.92
Securities sold and matured
45,300.00
Total securities Dec. 16, 1922
$129,238.92
Total sinking funds Dec. 16, 1922
$140,737.17
Total sinking funds Dec. 17, 1921
$168,422.54
Decrease*
$27,685.37
*Decrease caused by retirement of $35,000 High School Bonds. The above funds are appropriated to retire the city debt as follows:
102
ANNUAL REPORT HIGH SCHOOL LOAN $50,000, 31/2 p.c. due Dec. 1, 1923
Total funds Dec. 17, 1921
$45,416.43
Appropriation, 1922
600.00
Net income 1922
1,880.00
Premium on investments
20.00
$47,916.43
Invested
Newburyport High School 31/2 p.c. due Dec. 1, 1923 23,000.00
Newburyport Water 31/2 p.c. due June 1, 1923 6,000.00
Newburyport Water, June 1, 1925 2,000.00
Newburyport Water, June 1, 1928 1,000.00
B. & M. R. R. 31/2 p.c. due June 1, 1923 4,000.00
Bridgeport Bonds 41/4 p.c. due July 1, 1923
3,000.00
Lawrence Savings Bank 5,000.00
Institution for Savings
3,916.43
$47,916.43
REFUNDING LOAN
$62,000, 4 p.c. due Nov. 1, 1924
Total Funds, Dec. 17, 1921 $54,999.32
Net Income 1922 2,401.16
$57,400.48
Invested
U. S. Victory Bonds 434 p.c. due May 20, 1923 $3,600.00
Everett Bonds 4 p.c. due Jan. 1, 1924 3,000.00
Bridgeport Bonds 31/2 p.c. due. Jan. 1, 1924 1,000.00
Newton Bonds 4 p.c. due Jan. 1, 1924 1,000.00
Flint Bonds 41/4 p.c. due April 1, 1924 3,000.00
Minneapolis Bonds 4 p.c. due June 1, 1924
3,000.00
Lawrence Bonds 4 p.c. due July 1, 1924 1,000.00
B. & M. R. R. 4 p.c. due Sept. 1, 1926 5,000.00
Third Liberty Loan 41/4 p.c. due Sept. 15, 1928 18,000.00
103
CITY AUDITOR
Five Cents Savings Bank, City 7,302.23
First and Ocean National Bank, City
11,498.25
$57,400.48
SEWERAGE LOAN
$46,000, 31/2 p.c. due Sept. 1, 1931
Total Fund, Dec. 17, 1921 $34,067.93
Net Income 1922 1,352.33
$35,420.26
Invested
Plymouth 334 p.c. due July 1, 1924 $1,000.00
Revere 51/2 p.c. due Mar. 1, 1924 1,000.00
B. & M. R. R. 6 p.c. due June 1, 1930 2,000.00
Lake Shore and Michigan R. R. 4 p.c. due May 1, 1931 1,000.00
Newburyport Sewer, 31/2 p.c. due Sept. 1, 1931 26,000.00
Five Cents Savings Bank, City 638.38
Institution for Savings, City 3,781.88
$35,420.26
SUMMARY
Newburyport Water Bonds 31/2 p.c. due June 1, 1923-5-8 $9,000.00
U. S. Victory Bonds 434 p.c. due May 20, 1923 3,600.00
B. & M. R. R. Bonds 31/2 p.c. due Jan. 1, 1923 4,000.00
Newburyport High School 31/2 p.c. due Dec. 1, 1923
23,000.00
Bridgeport Bonds, 41/2 p.c. due July 1, 1923
3,000.00
Bridgeport Bonds 4 p.c. due Jan. 1, 1924
1,000.00
Newton Bonds 4 p.c. due Jan. 1, 1924 1,000.00
Flint Bonds 41/2 p.c. due April 1, 1924
3,000.00
Minneapolis Bonds 4 p.c. due June 1, 1924
3,000.00
Everett Bonds 4 p.c. due Jan. 1, 1924 3,000.00
Lawrence Bonds 4 p.c. due July 1, 1924 1,000.00
B. & M. R. R. 4 p.c. due Sept. 1, 1926 5,000.00
Lake Shore & Michigan 4 p.c. due May 1, 1931
1,000.00
B. & M. R. R. Coup. Bonds 6 p.c. due June 1, 1930 2,000.00
Newburyport Sewer 31/2 p.c. due Sept. 1, 1931 26,000.00
104
ANNUAL REPORT
Five Cents Savings Bank, City
Institution for Savings, City 7,698.31
First and Ocean National Bank, City 11,498.25
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