USA > Massachusetts > Essex County > Newburyport > City Officers and the Annual Reports to the City Council of Newburyport 1929 > Part 3
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Plum Island Bridge Loan
$819.17
Water Bonds
4,237.50
Departmental Equipment
1,840.00
Reconstruction of Highway loans
3,956.75
Central Park and Playgrounds bonds
560.00
New Primary Schoolhouse bonds
5,355.00
Public Library heating plant
80.00
Revenue loans
4,029.28
County Tuberculosis Hospital
773.44
21,651.14
Balance forward
$14,983.30
83
CITY AUDITOR
Municipal Indebtedness
Gross city debt December 15, 1928 $444,774.91
Debts incurred during 1929
Revenue loans
$185,000.00
Sewer loan 25,000.00
Total debts incurred
$210,000.00
Debts paid during year
Water bonds
$25,000.00
Paving State Street loan
1,000.00
Plum Island Bridge loan
1,500.00
New Primary Schoolhouse loan
9,000.00
Central Park and Playground
1,000.00
Wid. and Recon. Merrimac Street
20,000.00
Revenue loans
185,000.00
County Tuberculosis Hospital
1,500.00
Public Library Heating Plant
2,000.00
Department Equipment Loan
10,000.00
Total debts paid
256,000.00
Decrease in debt during year
$46,000.00
Gross city debt Dec. 21, 1929
$398,774.91
CEMETERIES
Receipts
Appropriation
$1,000.00
From general treasury to balance
19.90
$1,019.90
Income, sale of burial lots
$331.00
Payments
Labor as per payrolls
$972.50
Water
15.00
Equipment and supplies
32.40
$1,019.90
84 ANNUAL REPORT TEMPORARY ACCOUNTS BUILDING PERMITS
Balance
$54.00
Permits issued by City Clerk
372.00
$426.00
Payments
To inspector of buildings $421.00 ·
Balance
$5.00
TEACHERS RETIREMENT ASSOCIATION
From Teachers
$4,866.50
Payments
To Teachers Retirement association
$4,866.50
UNCALLED FOR CLAIMS
Balance December 15, 1928
$312.33
Balance Dec. 21, 1929
$312.33
SALE OF REAL ESTATE
Cr.
Balance forward
$21.00
Dr.
Transfer to Indebtedness, School Buildings
$21.00
TEMPORARY ACCOUNTS
TAX TITLE Dr.
Balance previous year $1,739.96
85
CITY AUDITOR
Plum Island Beach Co. Tax 1927 tfd.
1,534.40
Registry of Deeds
4.54
Balance
$3,278.90
STATE OF MASSACHUSETTS (SEAL BOUNTY)
Cr.
Received from State
$5.00
Dr.
Bounty for two seals
$4.00
Treasurer's fee
1.00
$5.00
Public Service Enterprises
WATER WORKS
Balance Dec. 15, 1928 $1,288.33
Maintenance Accounts
Receipts
Water rates
$59,889.89
Meter rates
11,764.41
Sundry water receipts
697.50
City for fire service and buildings
5,000.00
Miscellaneous maintenance receipts
781.51
Interest on deposits
63.89
$78,197.20
Payments for Maintenance
Pumping station
16,531.24
Pumping station, Artichoke
5,318.04
General maintenance
8,940.79
Hydrant maintenance
408.02
Gate maintenance
243.30
Reservoir maintenance
715.04
Meter maintenance
221.07
Service pipe maintenance
2,990.62
Main pipe maintenance
7,027.00
Filter bed maintenance
589.60
87
CITY AUDITOR
Automobile
2,010.25
Artichoke River maintenance
173.26
Total maintenance 45,168.23
Net earnings
$33,028.97
Payments for Debt
Bonds retired
Interest on bonds
$25,000.00 4,237.50
29,237.50
Excess after debt requirements
$3,791.47
Excess in maintenance balance
$5,079.80
New Construction Accounts
Receipts
Service pipe construction
$548.11
Meters
13.00
$561.11
Payments
Extension of mains
$1,645.13
Hydrant construction
360.40
Service pipe construction
1,664.86
Meters
191.27
Real estate
44.26
Gate construction
124.80
Total new construction
4,030.72
Debit of construction account $3,469.61
Balance December 21, 1929 1,610.19
TRUST FUND INCOME
Atwood Fund
Cr.
Balance Dec. 15, 1928 *From trustees of trust funds Interest on bank balance
$688.07
413.42 1.54
$1,103.03
Dr.
Cash payments to beneficiaries
176.00
Balance Dec. 21, 1929
$927.03
*Total income of fund $553.42. For other purposes $140.00.
BALCH FUND
Cr.
From trustees of trust funds
$506.25
Dr.
City Parks (transfer)
$506.25
Bromfield Fund
Cr.
From trustees of trust funds $500.00
CITY AUDITOR
89
Dr.
Sidewalks and Edgestones (transfer) $250.00 250.00
Tree Department (transfer)
$500.00
Brown Fund
Cr.
From trustees of trust funds
$759.38 .
Dr
To income of Education (transfer)
$759.38
Cole Fund
Cr.
From trustees of trust funds
$100.00
Dr
To Public Library Salaries (transfer)
$100.00
A. Gertrude Cutter Fund
Cr.
From trustees of trust funds
$3,500.00
Dr.
City Parks (transfer)
$1,000.00
Central Park and Playgrounds (transfer)
2,000.00
Moseley Woods (transfer)
500.00
$3,500.00
90
ANNUAL REPORT
Dexter Fund Cr.
Balance Dec. 15, 1928
$739.83
From trustees of trust funds
111.92
Balance Dec. 21, 1929
$851.75
Follansbee Fund
Cr.
.
Balance Dec. 15, 1928
$111.30
From trustees of trust funds
201.25
$312.55
Dr.
Fuel for beneficiaries 212.65
Balance Dec. 21, 1929 $99.90
Gorwaiz Fund
Cr.
From trustees of trust funds $5.05
Dr
Atkinson Common $5.05
Charles Knight Fund
Cr.
From trustees of trust funds $20.25
Dr.
Atkinson Common $20.25
91
CITY AUDITOR
Paul A. Merrill Fund Cr.
Balance Dec. 15, 1928
$50.00
From trustees of trust funds
50.00
$100.00
Dr.
School prizes
75.00
Balance Dec. 21, 1929
$25.00
Simpson Fund
Cr.
From trustees of trust funds
$927.07
Dr.
To street sprinkling transfer
$927.07
R. M. Toppan Fund
Balance Dec. 15, 1928
$60.64
From trustees of trust funds
12.50
Balance Dec. 21, 1929
$73.14
Ctiy Debts and Assets
Dec. 21, 1929
Bonds and Notes
Rate Issued
Due
Amount
Water
31/2 %
1904
June
1, 1930-34
$55,000.00
Water
4 %
1908
July
1, 1930-38
22,000.00
Water
41/2%
1914
Oct.
1, 1930-44
15,000.00
Plum Island Bridge
41/4 %
1922
Dec.
1, 1930-41
17,774.91
Central Park and Play- ground
4
1922
July
1, 1930-42
13,000.00
Wid. and Recon. Mer- rimac Street
4 1/4 %
1923
June
1, 1930-33
60,000.00
Schoolhouse
41/4%
1922
Dec.
1, 1930-42
97,500.00
Schoolhouse
41/4%
1922
Dec.
1, 1930-42
19,500.00
Wid. and Recon. Merri- mac Street
41/2 %
1923
Dec.
1, 1930-33
20,000.00
County
Tuberculosis
Hospital
41/8 %
1926
Feb.
12, 1930-46
18,000.00
Departmental
Equip-
ment loan
4
%
1928
July
10, 1930-33
36,000.00
Sewer
4 1/2 %
1929
Nov.
1, 1930-42
25,000.00
$398,774.91
ASSETS
Excise Tax 1929 uncollected
$8,260.12
Taxes of 1928 uncollected
40,946.15
Taxes of 1929 uncollected
106,999.38
$156,205.65
Cash in Atlantic Natl. Bank
$7,347.67
Cash in First & Ocean Natl. Bank
64,430.37
Cash in Merchants Natl. Bank
2,045.20
Cash in Treasurer's office
597.20
74,420.44
230,626.09
Total net debt Dec. 21, 1929 Total net debt Dec. 15, 1928
$168,148.82
207,595.90
Decrease in net debt
$39,447.08
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
1899
$289,556.47
$88,720.10
1900
286,876.59
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
1907
569,120.73
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 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
1923
505,966.24
197,717.04
1924
483,345.15
22,621.09
1925
431,723.94
51,621.21
1926
337,387.79
94,336.15
1927
255,025.50
82,362.28
1928
207,595.90
47,429.61
1929
168,148.82
39,447.08
464,470.01
53,659.40
*Water Plant acquired in 1904
Bonds of officials deposited with Trust Fund Commissioners
J. L. McLean, City Marshal, $3,000 United States Casualty Co. tenure of office.
H. W. Little, City Clerk, $1,000 United States Casualty Co. expires January 1, 1932.
H. S. Noyes, Secretary and Treasurer of Water Works, $5,000 Fidelity and Deposit Company of Maryland, expires July 10, 1930.
C. E. Houghton, Treasurer and Collector of Taxes, $64,500, Aetna Casualty and Surety Company, expires January 7, 1931.
BORROWING CAPACITY
Year
Additional Total Valuation Assessments Valuation Abatements
Valuation
1927
$13,653,310
$5,250
$13,568,560
$105,680
$13,462,880
1928
13,803,142
4,350
13,807,492
26,000
13,781,492
*1929
14,556,705
9,550
14,566,255
12,925
14,553,330
41,797,702
* Includes valuation of automobiles assessed with excise tax 1929. . Average valuation for three years
13,932,567
Debt ilmit 21/2% of $13,932,567
348,314.17
City debt omitting revenue loans $398,774.91
Debts outside the limit allowed by special Acts
Water (Acts 1894, 1908, 1913) $92,000.00
Plum Island Bridge (Act 1921) 17,774.91
Wid. Re. Merrimac St. (Acts '23)
60,000.00
95
CITY AUDITOR
New Primary School (Acts 1923) 97,500.00
County Hospital Loan (Acts 1924) 18,000.00
Total loans outside the limit
285,274.91
Debt within the limit 113,500.00 Borrowing capacity Dec. 21, 1929 234,814.17
Loan authorized Sewer Construction $50,000 Issued, $25,000.
Plant for Chlorination of Clams $8,000 not issued.
TRUST FUNDS
THE LAW. Chapter 322
An act to provide for the auditing of certain trust funds and accounts. Be it enacted, etc., as follows:
Section 1. It shall be the duty of city and town auditors at least once every year, and so much oftener as they deem it necessary, to audit the ac- counts of the trustees of any property, the principal or income of which, in whole or in part, was bequeathed or given in trust for the benefit of the city or town or any part thereof, or for the benefit of the inhabitants of the city or town or any part thereof, and to examine and estimate the funds, securities, and evidence of property held by such trustees. City and town auditors shall include in their annual report a report of such auditing and investigation; and if they discover any fraud or irregularity they shall immediately report the same to the Mayor and Treasurer of the city or to the Selectmen or Treasurer of the town.
Section 2. It shall be the duty of the trustees designated in section one hereof to give city and town auditors free access to their accounts, funds, securities and evidence of property; and any such trustee who re- fuses to exhibit his trust accounts, funds, securities and evidences aforesaid shall be subject to a fine of not less than fifty nor more than two hundred dollars.
Section 3. This act shall be construed as applying to property held in trust for public uses. (Approved May 9, 1904).
Trust funds in which the City of Newburyport and its inhabitants are interested may be divided into two classes, viz .: funds bequeathed or given direct to the city, and funds given to special trustees, the income of which is used for the benefits of any of its inhabitants.
The first class is invested by the Trustees of the Newburyport Trust Funds under Chapter 64, Acts of 1917, and the income turned over to the city.
97
CITY AUDITOR
The second class is invested by special trustees appointed by the donor, and such boards fill their own vacancies. It would seem that the city had assumed no responsibility for such funds, and it may be a question if they come under the preceding law, but such trustees have been requested to allow examination of said funds and accounts.
Trust funds held by Trust Fund Commissioners have been verified and the income traced to its proper accounts.
The Atkinson fund, held by special trustees, no report filed.
Peabody and Public Library Building Funds. Income has been verified, vouchers checked up and principal accounted for.
The Wheelwright Fund. The accounts of the Treasurer for the year ending Oct. 31, 1929, have been audited and found correct; also the securities have been counted and found to agree with the treasurers' accounts.
The following is a statement of the conditions of said funds:
In the hands of the Trustees of Newburyport Trust Funds.
Cash Account
Cash on hand Dec. 15, 1928 $1,409.34
Receipts during year
Securities sold and matured
$21,747.50
Income from investments
13,053.40.
Interest on Cutter Fund income
84.93
Premium on securities sold
2,471.40
$37,357.23
Payments
Securites purchased
25,400.74
Purpose donated
9,276.57
City of Newburyport from Gertrude
Cutter fund inc.
3,500.00
38,177.31
Decrease in cash on hand 820.08
Cash on hand Dec. 21, 1929
$589.26
98
ANNUAL REPORT
Investment Account
Total funds, Dec. 15, 1928
$260,709.65
Interest added to Class of 1917 fund Class of 1918 fund
8.16
7.86
Fire Insurance Fund
1,165.82
Premiums recd. added to principal
1,862.50
Profit on 15 shares American Encaustic Tiling
608.90
$264,362.89
SCHEDULE OF INVESTMENTS And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
Five Cents Savings Bank, City
Demand
$1,000.00
$50.00
So. E. Read'g Room
Institution for Savings, City
Demand
5,500.00
278.42
Poor and Religious
Five Cents Savings Bank, City
Demand
5,500.00
275.00
Poor and Religious
First and Ocean Natl. Bank
Demand
1.54
Poor and Religious
Institution for Savings, City
Demand
5,000.00
253.12
Bartlett Mall
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Bartlett Mall
Institution for Savings, City
Demand
1,000.00
50.62
Gen'l Use of Library
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Mass. Hospital Life Ins. Co.
Demand
10,000.00
500.00
Sidewalks and Trees
Moses Brown
Institution for Savings, City
Demand
5,000.00
253.12
Schools
Five Cents Savings Bank, City
Demand
5,000.00
253.13
Schools
Provident Inst. for Sav., Amesbury
Demand
5,000.00
253.13
Schools
Class of 1917 N. H. S.
Five Cents Savings Bank, City
Demand
169.74
8.16
Memorial
Class of 1918 N. H. S.
Five Cents Savings Bank, City
Demand
163.45
7.86
Athletic Field
Lucy G. B. Colby
Five Cents Savings Bank, City
Demand
700.00
35.00
Replacement Old Books
Charlotte C. Cole
Institution for Savings, City
Demand
1,000.00
50.00
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
50.00
Supt. of Reading Room
Five Cents Savings Bank, City
Demand
1,000.00
50.00
Npt. & Newbury Books
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
3,000.00
150.00
Gen'l Use of Library
City of New York, 31/2 %
Nov. 1, 1953
832.07
35.00
Beautifying the City
Atchison, Topeka, Santa Fe, 4%
Oct. 1, 1995
771.06
40.00
Beautifying the City
New Amsterdam Gas, 5%
Jan. 1, 1948
623.19
50.00
Beautifying the City
Long Island R. R., 4%
July 1, 1931
868.55
40.00
Beautifying the City
Emma L. Andrews Margaret Atwood
Balch
J. M. Bradbury W. N. Bradstreet John Bromfield
John J. Currier A. E. Cutter
A. Gertrude Cutter
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
May 1, 1982
856.52
50.00
Beautifying the City
Chicago and Erie R. R., 5% U. S. 4th Liberty Bonds, 4% %
Oct. 15, 1938
14,283.27
707.63
Beautifying the City
Five Cents Savings Bank, City Institution for Savings, City
Demand
14,449.17
665.90
Beautifying the City
Demand
18,227.10
846.47
Beautifying the City
American Tel. & Tel. Co. Bonds, 4% Five Cents Savings Bank, City American Tel. & Tel. Co. 4%
Demand
1,000.00
50.00
Aged Ladies
Retired
80.00
Poor
Demand
2,137.50
31.92
Poor
Institution for Savings, City U. S. 4th Liberty Bonds, 41/4 %
Oct. 15, 1938
1,000.00
42.50
Books for Library
Institution for Savings, City
Demand
2,645.00
132.24
Bks. & Papers for Libr.
Institution for Savings, City
Demand
3,000.00
150.00
Gen'l Use of Library
Am. Tel. & Tel. Co. 4%
Retired
120.00
Poor
Institution for Savings, City
Demand
1,206.52
35.42
Poor
Five Cents Savings Bank, City
Demand
2,500.00
45.83
Poor
Daniel Foster
Five Cents Savings Bank, City Haverhill Savings Bank
Demand
1,000.00
50.00
Books for Library
Five Cents Savings Bank, City
Demand
100.00
5.05
Atkinson Common
Salem Five Cents Savings Bank
Demand
2,000.00
96.00
Books for Library
Institution for Savings, City
Demand
1,072.50
50.92
Books for Library
Five Cents Savings Bank, City
Demand
400.00
20.25
Atkinson Common
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
4,000.00
200.00
Gen'l Use of Library
Paul A. Merrill
Five Cents Savings Bank, City
Demand
1,000.00
50.00
School Prize
Annie D. Davis Timothy Dexter
Nathan D. Dodge W. H. P. Dodge Susan M. Donnell L. M. Follansbee
'Joseph A. Frothingham A. M. Gorwaiz
S. A. Green
· George Haskell Charles H. Knight
S. W. Marston
Demand
250.00
12.50
Books for Library
Retired
160.00
Beautifying the City
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund E. S. Moseley
Investment
Date Due
Amount
Income Purpose
Five Cents Savings Bank, City
Demand
1,000.00
50.63
Gen'l Use of Library
Institution for Savings, City
Demand
4,000.00
200.00
Gen'l Use of Library
American Tel. & Tel. Co., 4%
Retired
80.00
Gen'l Use of Library
Boston & Albany R. R., 4%
May 1, 1933
1,980.00
80.00
Gen'l Use of Library
Chicago B. & Q. R. R., 4%
March 1, 1958
1,942.50
80.00
Gen'l Use of Library
N. Y. N. H. & H. R. R., 4%
March 1, 1947
947.50
40.00
Gen'l Use of Library
B. & M. R. R. Series R 5%
May 1, 1940
1,965.00
100.00
Gen'l Use of Library
Institution for Savings, City
Demand
3,406.60
83.37
Gen'l Use of Library
M. P. Sawyer M. H. Simpson
Salem Savings Bank
Demand
5,000.00
250.00
Books for Library
American Tel. & Tel. Co., 4%
Retired
160.00
Sprinkling Streets
Boston & Albany R. R., 4%
May 1, 1933
3,960.00
160.00
Sprinkling Streets
Chicago B. & Q. R. R., 4%
March 1, 1958
3,885.00
160.00
Sprinkling Streets
N. Y. N. H. & H. 4%
July 1, 1955
4,700.00
200.00
Sprinkling Streets
B. & M. R. R. Series V, 4-5%
March 1, 1942
2,940.00
150.00
Sprinkling Streets
Institution for Savings, City
Demand
4,930.00
97.07
Sprinkling Streets
S. End Reading Room
Real Estate cor. Purchase & Marlboro
5000.00
240.00
Branch Library
American Tel. & Tel. Co., 4 %
Retired
40.00
Branch Library
American Tel. & Tel. Co., 51/2 %
Nov. 1, 1943
500.00
27.50
Branch Library
Broadway Bond, 61/2 %
March 1, 1939
500.00
32.50
Branch Library
100 West 55th Street Bond, 61/2 %
Jan. 15, 1940
500.00
32.50
Branch Library
Institution for Savings, City
Demand
3156.17
157.80
Branch Library
Five Cents Savings Bank, City
Demand
5452.73
214.88
Branch Library
Merchants Natl. Bank, City
Demand
3.20
Branch Library
W. O. Moseley
SCHEDULE OF INVESTMENTS-(Continued) And Purpose for Which Income is Used
Name of Fund
Investment
Date Due
Amount
Income
Purpose
Institution for Savings, City
Demand
10,000.00
500.00
Books for Library
J. R. Spring
Five Cents Savings Bank, City
Demand
10,000.00
500.00
Books for Library
Baltimore & Ohio R. R. 5%
Dec. 1, 1995
5,069.65
250.00
Gen'l Use of Library
E. H. Stickney
Institution for Savings, City
Demand
5,524.01
279.65
Gen'l Use of Library
Institution for Savings, City
Demand
5,000.00
250.00
Books for Library
Am. Tel. & Tel. Co., 4%
Retired
80.00
Reading Room
Boston & Albany R. R., 4%
May 1, 1933
1,980.00
80.00
Reading Room
Chicago B. & Q. R. R., 4%
March 1, 1958
1,942.50
80.00
Reading Room
N. Y. N. H. & H. 4%
March 1, 1947
1,895.00
80.00
Reading Room
B. & M. R. R. 5%
May 1, 1940
1,965.00
100.00
Reading Room
Institution for Savings, City
Demand
7,425.00
296.24
Reading Room
Institution for Savings, City
Demand
250.00
12.50
School Prize
R. N. Toppan A. Williams Fire Insurance Fund
Salem Five Cents Savings Bank
Demand
1,000.00
48.00
Books for Library
American Tel. & Tel. Co., 4%
Retired
200.00
Replace Loss by Fire
N. Y. N. H. & H. R. R., 4%
July 1, 1955
4,825.00
200.00
Replace Loss by Fire
Five Cents Savings Bank, City
Demand
19465.86
765.82
Replace Loss by Fire-
$264,362.89 $13,053.40
B. G. Sweetser W. C. Todd
RECAPITULATION
Funds for:
Funds
Income
Purchase of books for Library
$38,967.50
$1,932.16
General use of library
39,835.26
1,946.16
Reading room supplies
15,207.50
716.24
Reading room salary
2,000.00
100.00
Funds for local books
1,000.00
50.00
Funds for replacement of old books
700.00
35.00
Benefits of schools
15,000.00
759.38
Sprinkling of streets
20,415.00
927.07
Sidewalks and trees
10,000.00
500.00
Benefit of poor
5,843.75
313.17
Municipal fire insurance
24,290.86
1,165.82
Bartlett Mall
10,000.00
506.25
School prize
1,250.00
62.50
Religious work and poor
11,000.00
554.96
Atkinson Common
500.00
25.30
Aged Ladies
1,000.00
50.00
Memorial
333.19
16.02
Beautifying the city
50,910.93
2,594.99
South End Reading Room
15,108.90
748.38
Magazines for South End Reading Room
1,000.00
50.00
$264,362.89
$13,053.40
Trust Funds Under Control of Special Trustees
Moses Atkinson Fund Benefit of Schools
No report filed for 1929
George Peabody Fund
To Purchase Books for Library Investment of Fund
Institution for Savings $15,000.00
Total Fund
$15,000.00
Statement of Receipts and Payments
Receipts
Cash on hand Nov. 30, 1928
$309.42
Dividend April 1929
375.00
Dividend October 1929
375.00
$1,059.42
Payments
Books
$748.32
Postage
.78
Total expenditures $749.10
Balance on hand Nov. 30, 1929
$310.32
105
CITY AUDITOR Public Library Building Fund December 15, 1929
Principal of Fund, Deposit Institution for Savings $10,000.00
Income Account
Balance of year 1928
$295.91
Interest withdrawn from Savings Bank
500.00
Newburyport Music Club
240.00
$1,035.91
Expenditures
Carpenter and stock
$327.98
Electric wiring and lights
141.45
Paint and hardware
181.71
Mason and stock
30.35
Establishing music room
283.35
964.84
Balance December 21, 1929
$71.07
William Wheelwright School
Scientific School
Investment of Fund, Oct. 31, 1929
Real estate by foreclosure and in possession
$6,000.00
Mortgage on real estate
29,200.00
Bonds
422,149.21
Stocks
127,447.02
Cash
6,395.62
$591,191.85
Statement of Receipts and Payments
Receipts
Balance October 31, 1928 $2,257.79
Securities sold and matured . .. . 27,032.50
106
ANNUAL REPORT
Income gross
31,917.39
Premiums received
2,296.35
$63,504.03
Payments
Securities purchased
$26,545.00
Accrued interest paid
68.75
Students expense
26,625.97
Expense on real estate foreclosed
618.82
Administration expenses
3,249.87
57,108.41
Cash on hand Oct. 31, 1929
$6,395.62
Recapitulation of all Trust Funds
Trust Funds in hands of Sinking Fund Commissioners $264,362.89
Moses Atkinson Funds in hands of special trustees (No report)
George Peabody Fund in hands of special trustees
15,000.00
Library Building Fund in hands of special trustees
10,000.00
William Wheelwright Fund in hands of special trustees
591,191.85
Oliver Putnam Fund in hands of special trustees (No report)
$880,554.74
City Auditor's Office
CITY OF NEWBURYPORT
STATEMENT OF APPROPRIATED AND NON-REVENUE ACCOUNTS AT CLOSE OF BOOKS
December 21, 1929
REVENUE ACCOUNTS
ESTIMATED
RECEIPTS
Licenses and permits
$1,000.00
$1,479.00
Treas. and Coll. Dept.
300.00
403.00
City Clerk's Dept.
100.00
192.89
City Hall
800.00
674.40
Fines, forfeits and rents
3,000.00
3,497.00
Sealer of Weights and Meas.
200.00
255.41
School Department
4,000.00
4,322.26
Public Library
2,500.00
2,481.18
Cemetery, sale of lots
50.00
331.00
Interest
12,000.00
11,449.99
Corporation Tax
22,000.00
23,909.12
National Bank Tax
2,500.00
3,503.27
Street Railway Tax
150.00
175.94
Miscellaneous receipts
400.00
632.29
Income from Cutter Fund
3,500.00
3,500.00
$52,500.00
$56,806.75
Income exceeds estimate
$4,306.75
Income tax excess
11,104.49
Departments
Appropriations and Credits
Expended
Balance
GENERAL GOVERNMENT
1
City Council
$1,428.10
$1,136.06
$292.04
Mayor's Department
1,300.00
1,261.21
38.79
Auditor's Department
2,500.60
2,378.29
122.31
108
ANNUAL REPORT
Treas. and Coll. Dept.
4,856.25
4,865.35
9.10*
Assessors' Department
5,500.00
5,467.71
32.29
Ex. Bond and Note Issue
100.00
87.93
12.07
City Clerk's Dept.
2,550.00
2,536.70
13.30
City Messenger
1,600.00
1,600.00
Law Department
1,000.00
981.32
18.68
Elec. and Registration
2,600.00
2,007.78
592.22
City Hall
2,400.00
2,827.62
427.62*
Old Records and Typewriting
325.00
338.95
13.95*
Printing City Ordinances
550.00
500.00
50.00
POLICE DEPARTMENT
Supervision
2,384.00
2,302.48
81.52
Salaries
31,910.00
31,687.50
222.50
Fuel
450.00
841.87
391.87*
Lighting
350.00
393.71
43.71*
Miscellaneous
1,400.00
1,463.56
63.56*
Buildings
2,480.00
2,395.74
84.26
FIRE DEPARTMENT
Supervision
750.00
750.00
Salaries
26,740.00
25,029.37
1,710.63
Horses c|o same
300.00
280.30
19.70
Fuel
700.00
368.04
331.96
Lighting
400.00
324.77
75.23
Hydrant Service and Water
3,550.00
3,516.00
34.00
Equipment and Repairs
1,669.50
1,358.24
311.26
Miscellaneous
405.00
443.32
38.32*
Buildings
1,500.00
1,577.45
77.45*
Pension for Eben Allen
650.00
649.92
.08
New Hose
1,500.00
1,420.00
80.00
Fire Alarm Supervision
800.00
800.00
Fire Alarm Miscellaneous
1,706.63
1,320.54
386.09
Ins. Plumb. and Bldgs.
$150.00
$111.29
$38.71
Sealer Wgts. and Measures
850.00
839.71
10.29
Tree Department
4,323.00
4,383.54
60.54*
Moth Department
3,053.75
3,054.22
.47*
Harbor Master
125.00
125.00
HEALTH AND SANITATION
Supervision
1,500.00
1,500.00
Miscellaneous
8,024.39
7,231.23
793.16
.
109
CITY AUDITOR
Vital Statistics
200.00
113.84
86.16
School Children, Ins. of
700.00
700.00
Ins. of Animals
350.00
350.00
Ins. of Slaughtering
850.00
850.00
Ins. Milk and Vinegar
650.00
630.90
19.10
Sewer Maintenance
503.96
475.95
28.01
Ashes and Rubbish
10,895.14
9,000.00
1,895.14
Street Cleaning
3,500.00
3,974.65
474.65*
Garbage Disposal
9,219.06
5,200.00
4,019.06
District Nurse
100.00
100.00
Essex County T. B. Hospital
3,761.81
3,761.81
HIGHWAYS AND BRIDGES
Supervision
2,500.00
2,497.19
2.81
City Teams and Trucks
11,511.21
7,809.70
3,601.51
Highway Repairs
18,445.50
19,518.47
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