USA > Massachusetts > Norfolk County > Quincy > Inaugural address of the mayor, with the annual report of the officers of the city of Quincy for the year 1934 > Part 2
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Inside debt limit $2,581,500 00
Outside debt limit
2,243,500 00
Water
418,000 00
$5,243,000 00
BORROWING CAPACITY FOR 1935 General Laws, Chapter 44, Section 10
"Except as otherwise authorized by law, a city shall not au- thorize indebtedness to an amount exceeding 21/2 per cent of the average of the assessors' valuations of the taxable property for the three preceding years, the valuations being first reduced by the amount of all abatements allowed thereon previous to Decem- ber 1st of the preceding year."
Net valuation real and personal 1932. $127,572,664 00
Motor vehicle excise 4,227,436 00
Net valuation real and personal 1933. 126,765,878 00
Motor vehicle excise 3,469,318 00
Net valuation real and personal 1934. 126,990,198 00
Motor vehicle excise 3,236,123 00
$392,261,617 00
Three years' average
$130,753,872 00
21/2 per cent thereof
3,268,846 80
Debt within limit Jan. 1 $2,581,500 00
Authorized but unissued 225,000 00
2,806,500 00
Borrowing margin as of January 1, 1935. $462,346 80
Debt maturing in 1935 which will increase the borrowing margin:
February
$17,500 00
April
77,000 00
May
57,000 00
June
45,500 00
July
114,000 00
August
73,000 00
September
48,000 00
October
31,000 00
November
35,000 00
December
50,000 00
$548,000 00
Condensed Balance Sheet, December 31, 1934 Revenue Accounts
ASSETS
Cash
$277,587 82
Accounts Receivable :
Taxes 1933 and Prior
$74,983 86
Taxes 1934 1,746,086 08
1,821,069 94
Old Age Assistance Tax 1933
and Prior
6,799 00
Special Assessments 54,735 02
Tax Titles
574,863 51
Water Liens 19,341 37
Water Revenue 128,192 72
Departmental 234,587 95
1,089 820 55
Special Deposits:
Cesspool
$252 00
Sewer
359 96
Water
285 05
Hospital
350 73
Tax Titles
574,863 51
Water Liens
19,341 37
Water Rates 1933 and Prior
$22,534 22
Water Rates 1934
95,988 28
118,522 50
9,669 22
Water Service Connections Departmental bills:
Health $15,654 45
Scavenger
524 09
Particular Sewers
3,112 91
Highways
64 70
Schools
6,259 51
Welfare
197,822 85
Old Age Assistance
9,003 54
Cemetery
1,834 00
Gypsy Moth
311 90
234,587 95
Overlay Deficit 1933 and Prior
7,075 79
Overlay 1934
3,757 58
Revenue 1934
34,416 61
Reserve for Water Dept.
37,679 32
LIABILITIES
Temporary Loans $1,950,000 00
Bills Payable 38,170 72 20
State of Massachusetts 296 00
Appropriation Balances
39,896 98
Revenue Reserved until Collected: Motor Vehicle Excise $78,100 98 ..
Motor Vehicle 1933 and Prior $39,488 87
Motor Vehicle 1934 38,612 11
78,100 98
Special Assessments :
Gypsy Moth
$177 56
Sewer
12,008 05
Street Betterments
24,266 87
Sidewalks
5,791 02
Committed Interest
12,491 52
54,735 02
1,247 74
Sale of Land
1,618 87
Excess Tax Title Sale ..
297 02
Pay Roll Tailings
2,142 41
Tax Title Redemptions Reserved.
76,713 43
Excess and Deficiency
78,002 89
CITY OF QUINCY
$3,278,206 61
$3,278,206 61
Cash
Loans authorized
Non-Revenue Accounts $79,667 54 225,000 00
Appropriation Balances Unexpended .. $304,667 54
$304,667 54
$304,667 54
Deferred Revenue Accounts
Deferred Special Assessments $297,008 87
Apportioned Assessments not due: Street Betterments
$166,484 15
Sewer
99,958 64
Sidewalks
30,566 08
$297,008 87
$297,008 87
Debt Accounts
Bonded Debt
$5,243,000 00
Inside Debt Limit:
School Loans $694,000 00
Sewer Loans
471,000 00
Street Loans
922,500 00
Hospital Loans 161,000 00
Other Loans
333,000 00
2,581,500 00
Outside Debt Limit:
School Loans
$860,000 00
Sewer Loans
456,500 00
Hospital Loans
118,000 00
Tax Title Loans
572,000 00
Other Loans
237,000 00
2,243,500 00
Water Debt
418,000 00
$5,243,000 00
$5,243,000 00
Cash and Securities in Custody of Treas- urer
$217,758 11
Welfare
2,000 00
Cash and Securities in Custody of Trustees:
Schools
741,319 78
Adams Temple and School Fund .. Woodward Fund
385,961 86
Library
42,225 28
Library Funds 42,225 28
$1,000,303 17
$1,000,303 17
GEORGE H. BONSALL, Auditor of Accounts.
AUDITOR'S REPORT
Trust Funds
Hospital
$17,622 47
Cemetery
197,135 64
354,357 92
21
CITY OF QUINCY MUNICIPAL DEBT Within the Debt Limit, 1935
Purpose of Loan
Date of Issue
Amt. of Issue
Rate
Int.
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
Total
Schools
July
1923 $250,000
41/4
J-J A-O
$10,000
$10,000
$10,000
$10,000
$10,000
$10,000
$10,000
$10,000
$10,000
.. .
...
10.00
N. Jr. High Sch.
Apr.
1926
350,000
4
A-O
35,000
35,000
N. Jr. High Sch.
July
1926
75,000
4
J-J
5,000
5,000
5,000
5,000
5,000
5,000
5,000
....
....
... .
35,00
Webs. Sch. Add.
Nov.
1927
30,000
334
M-N
3,000
3,000
3,000
Quincy Pt. Jr.
Dec.
1927
250,000
334
J-D
25,000
25,000
25,000
...
....
. .
75,00
Ad. Shore Schs.
Sept. 1928
220,000
41/4
M-S
22,000
22,000
22,000
22,000
....
.
. .
.
June
1929
41/4
J-D
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
110,00
Grid. Bryant Sch.
Apr.
1930
40,000
4
A-O
8,000
10,000
10,000
10,000
Adams Sch. Add.
Dec.
1930
70,000
4
J-D
7,000
7,000
7,000
7.000
7,000
Quincy Sch. Add.
Aug.
1931
125,000
31/2
F-A
13,000
13,000
12,000
12,000
12,000
12,000
86,00
Sewer
Apr.
1926
50,000
4
A-O
5,000
5,000
Sewer
Oct.
1926
30,000
4
A-O
3,000
3,000
...
...
Oct.
1926
10,000
4
A-O
1,000
1,000
2,00
Sewer
May
1928
70,000
334
M-N
7,000
7,000
7,000
7,000
. . .
....
Aug.
1929
50,000
412
F-A
5,000
5,000
5,000
5,000
5,000
25,00
Sewer
Nov.
1929
40,000
416
M-N
4,000
4,000
4,000
4,000
4,000
Sewer
Apr.
1930
70,000
4
A-O
7,000
7,000
7.000
7,000
7,000
7,000
Aug.
1930
50,000
4
F-A
5,000
5,000
5,000
5,000
5,000
5,000
Nov.
1930
30,000
4
M-N
5,000
5,000
7,000
7,000
7,000
7,000
7,000
July
1932
60,000
416
J-J
10,000
10,000
10,000
10,000
40,00
Sewer
Oct.
1933
120,000
414
A-O
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
110,00
Jr. High Sch. Bld.
Oct.
1925
100,000
414
10,000
88,00
Merrymount and
May
1929
66,000
41/4
M-N
7,000
6,000
6,000
6,000
6,000
Montclair and
No. Jr. High Sch.
Apr.
1930
80,000
4
A-O
10,000
7,000
7,000
7,000
21,00
Sewer
May
1929
70,000
414
M-N
7,000
7,000
7,000
7,000
7,000
35,00
Sewer
20,00
42,00
Sewer
30,00
Sewer
10,00
Sewer
May
1931
70.000
31%
M-N
7,000
7,000
49,00
Sewer
May
1927
70,000
334
M-N
... .
.. .
. ..
....
. .
. . .
. ..
. . .
10,00
6,00
Sewer
Sewer
28,00
Ad. Shore Schs
31,00
H. N. Schs.
170,000
8,00
40,00
42,00
7,000 12,000
Merrymount and
9,00
$90,00
70,00
Date of Payment
..
CITY OF QUINCY MUNICIPAL DEBT Within the Debt Limit-Concluded 1935
Sewer
1 Feb.
1934
60,000
4
F-A
5,000
5,000 5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000 5,000
5,000
5,000
60,000
Sewer
Nov.
1934
50,000
1926
50,000
4
A-O
3,000
3,000
. ..
....
....
. .
..
Feb.
1928
125,000
334
F-A
12,500
12,500
12,500
12,500
....
... .
Streets
June
1929
125,000
414
J-D
12,500
12,500
12,500
12,500
12,500
6,000
. ..
....
.. . .
37,000
Streets
June
1930
160,000
4
J-D
16,000
16,000
6,000 16,000
16,000
6,000 16,000
16,000
....
....
15,000
Streets
Dec.
1930
80,000
4
J-D
8,000
8,000
8,000
8,000
8,000
8,000
48,000
Streets
July
1931
175,000
31/2
J -J
19,000
19,000
16,000
16,000
16,000
16,000
16,000
118,000
Streets
May
1934
150,000
3
M-N
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
150,000
Streets
Aug.
1934
175,000
234
F-A
18,000
18,000
18,000
18,000
18,000
17,000
17,000
17,000
17,000
175,000
Sidewalks
Aug.
1934
50,000
314
M-N
10,000
10,000
10,000
10,000
10,000
. . . .
... .
...
. .
....
50,000
Hospital Bld.
Sept.
1926
125,000
4
M-S
12,000
12,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
60,000
Hospital Bld.
Apr.
1930
30,000
4
A-O
5,000
5,000
Hospital Bldgs. Acts 1929
Apr.
1930
10,000
A-O
2,000
2,000
Operating Bld.
Aug.
1930
70,000
1
F-A
7,000
7,000
,000
7,000
7,000
7.000
...
. . .
42,000
Operating Bld.
Nov.
1930
40,000
4
M-N
8,000
10,000
4,000
....
. . .
....
...
. . .
....
8,000
Land
Sept. 1931
140,000
31/2
M-S
14,000
14,000
14,000
14,000
14,000
14,000
14,000
.
.. .
98,000
Totals
$548,000
$478,000
$396,000
$336,000
$254,500
$189,000
133,000
$79,000
$79,000
$69,000
$15,000
$5,000
$2,581,500
...
...
....
...
. ..
6,000
Streets
July
1927
250,000
4
J-J
25,000
25,000
25,000
75,000
Streets
July
1928
200,000
4
J-J
20,000
20,000
20,000
20,000
....
. ...
...
...
62,500
Streets
May
1930
65,000
4
M-N
7,000
6,000
6,000
Sea St.
Aug.
1930
75,000
4
F-A
15,000
10,000
10,000
10,000
10,000
10,000
Sidewalks
Nov.
1934
50,000
21/4
Sidewalks
Dec.
1934
50,000
2
J-D
10,000
10,000
10,000
10,000
10,000
Hospital Bid.
July
1925
150,000
J-J
15,000
15,000
Hospital Bld.
June
1929
90,000
41/4
J-D
6,000
6,000
6,000
8,000
New Police Bld.
July
1925
100,000
4
J-J
10,000
Fire Dept.
Oct.
1926
70,000
4
A-O
4,000
.. .
..
. ..
....
. . .
....
. .
...
50,000
50,000
...
... .
....
80,000
Streets
Oct.
1926
30,000
1
M-N A-O
5,000
5,000
10,000
Streets
Apr.
214
50,000
Streets
....
50,000
. .
96,000
24,000
10,000
...
....
15,000 17,000
F-A
CITY OF QUINCY- MUNICIPAL DEBT Outside the Debt Limit 1935
Date of Payment
Statutory Authority
Purpose
Date of Issue
Amt. of Issue
Rate
Int.
1935
1936
1937
1938
1939
1940
1941
1942
1920
Chap.
526 High Sch. Land
Oct.
1921
$58,000
5
A-O J-1)
$3,000
$3,000
$3,000
$2,500
$2,500
$2,500
$2,500
1920
Chap. 526 HI. S. Equipment
June
1924
52,000
414
4,000
4,000
1920
Chap. 526 H. S. Building
May
1922
800,000
4
M-N
39,000
39,000
4,000 39,000 1,000
39,000
39,000
39,000
39,000
39,000
1926
Chap. 249 Govt. School
Oct.
1926
157,500
4
A-O
15,000
15,000
1929
Chap. 122
Montelair and
H. N. Schools
June
1929
200,000
414
J-D
13,000
13,000
13,000
13,000
13,000
13,000
13,000
13,000 13,000
1929
Chap. 122
No. Jr. H. S. Bldg.
Apr.
1930
200,000
4
A-O
14,000
13,000
13,000
13,000
13,000
13,000
13,000
1926
Chap. 303 |So. Jr. H. S. Bldg.
July
1926
450,000
4
J-J
30,000
30,000
30,000
30,000
30,000
30,000
30.000
5,000
1920
Chap. 526| Hospital Add.
Nov.
1922
40,000
414
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
1929
Chap. 125 Hospital
Add.
June
1929
90,000
41/4
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
1929
Chap. 125 Hospital Add.
Apr.
1930
10,000
4
A-O
2,000
3,000
3,000
3,000
...
... .
..
1895
Chap. 279 Sewer
Oet.
1897
100,000
4
A-O
2,500
2,500
2,500
2,500
. .
...
....
1895
Chap. 279 Sewer
Apr.
1899
75,000
31%
A-O
1,000
1,000
1,000
1,000
1,000
1,500
1,500
1,500
1902
Chap. 248 Sewer
May
1903
70,000
31%
M-N
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1902
Chap. 248 Sewer
June
1904
50,000
1
A-O
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1905
Chap. 151 Sewer
May
1908
30,000
4
M-N
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1911
Chap.
57 Sewer
Mar.
1913
40,000
4
M-S
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1933
Chap. 366 Sewer
Jan.
1934
275,000
31/4
J-J
10,000
10,000
10,000
10,000
10,000
9,000
9,000
9,000
1933
Chap. 366 Sewer
Dec.
1934
64,000
.95
0
64,000
1933
Chap. 366 Drains
Jan.
1934
128,000
314 J-J
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
1933
Chap. 366 Drains
Dec.
1934
31,000
.75 Aug.
31,000
1925
Chap. 330 Southern Art.
Nov.
1927
113,000
334
M-N
11,000
11,000
11,000
1926
Chap. 369
Water Street
Apr.
1932
75,000
5
A-O
15,000
15,000
15,000
1,000
1,000
1,000
1,000
1,000
1905
Chap. 151 |Sewer
May
1909
30,000
31/2
M-N
4
A-O
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1911
Chap.
57 Sewer
Mar.
1912
40,000
4
M-S
1,000
1,000
1,000
1,000
1,000
...
..
. .
. .
CITY OF QUINCY
Totals
$288,500
$190,500
$175,500
$138,500
$135,000
$132,000
$132,000
$99,500
1920
Chap. 526 Hospital Add.
Sept.
1922
100,000
4
M-S
5,000
5,000
5,000
5,000
5,000
5,000
5,000
...
1895
Chap. 279 Sewer
May
1897
120,000
4
31/2
A-O
2,500
2,500
2,500
1895
Chap. 279 Sewer
Apr.
1898
100,000
31% |J-J
1,500
1,500
1,500
1,500
1,500
1902
Chap. 248 Sewer
July
1902
60,000
.J-D
1.000
1,000
1,000
1905
Chap. 151 Sewer
Apr.
1907
40,000
1,000
1,000
1,000
1,000
1905
Chap. 151 Sewer
Apr.
1910
40,000
414
M-N
1,000
1,000
1920
Chap. 526 HI. S. Building
Nov.
1922
15,000
. .. .
. . .
... .
. .
1931
Chap. 177
Grade Crossing
M-N
J -D
M-N
-
. .
24
CITY OF QUINCY- MUNICIPAL DEBT Outside the Debt Limit 1935 - Continued
Statutory Authority
Purpose
Date of Issue
Amt. of Issue
Rate
Int.
1943
1944
1945
1946
1947
1948
1949
1950
1920
Chap. 526 High Sch. Land
Oct.
1921
$58,000
5
A-O J-D
.. .
1920
Chap. 526 |H. S. Equipment
June
1924
52,000
41/4
.. .
. .
1920
Chap. 526 H. S. Building
May
1922
800,000
4
M-N
1920
Chap. 526 |H. S. Building
Nov.
1922
15,000
41/4
M-N
1926
Chap. 249
Govt. School
Oct.
1926
157,500
4
A-O
1929
Chap. 122
Montclair and
June
1929
200,000
414
ĮJ-D
13,000
13,000
1929
Chap. 122 No. Jr. H. S. Bldg.
Apr.
1930
200,000
4
A-O
13,000
13,000
13,000
1926
Chap. 303 |So. Jr. H. S. Bldg.
July
1926
450,000
4
J-J
....
1920
Chap. 526 Hospital Add.
Sept.
1922
100,000
4
M-S
....
1920
Chap. 526 Hospital Add.
Nov.
1922
40,000
414
M-N
41/4
J-D
6,000
6,000
1929
Chap. 125 Hospital Add.
Apr.
1930
10,000
4
A-O
1895
Chap. 279 Sewer
May
1897
120.000
4
M-N A -O
A-O
....
...
.
1895
Chap.
279 Sewer
Apr.
1899
75.000
A-O
... .
...
1902
Chap. 248 |Sewer
July
1902
60,000
316
J-J
. ...
1902
Chap. 248 |Sewer
June
1904
50,000
4
J-O
1,000
1,000
1905
Chap. 151 |Sewer
Apr.
1907
40,000
A-O
1.000
1,000
1,000
1,000
1,000
1905
Chap. 151
Sewer
May
1909
30,000
31/2
M-N
4
A-O
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1911
Chap.
57 /Sewer
Mar.
1913
40,000
4
M-S
1,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
1933
Chap. 366 |Sewer
Dec.
1934
64,000
.95
0
1933
Chap. 366 Drains
Jan.
1934
128,000
314
.J - J
4,000
4,000
1,000
4,000
4.000
4,000
4,000
4,000
1933
Chap. 366
Dec.
1934
31,000
.75 Aug.
1925
Chap. 330 Southern Art.
Nov.
1927
113,000
334
M-N
1926
Chap. 369
1931
Chap. 177 |Water Street
Apr.
1932
75,000
5
A-O
.
Totals
$50,000
$48,000
$28,000
$15.000
$15,000
$14,000
$14,000
$14,000
AUDITOR'S REPORT
1905
Chap. 151 |Sewer
May
1908
30,000
4
M-N
...
...
.
1905
Chap. 151 |Sewer
Apr.
1910
40,000
1911
Chap.
57
Sewer
Mar.
1912
40,000
4
M-S
1933
Chap. 366 Sewer
Jan.
1934
275,000
31/4
J-J
. .
..
. .
. .
. .
. . .
1895
Chap. 279|Sewer
May
1903
70,000
M-N
1,000
1902
Chap. 248 |Sewer
Oct.
1897
100,000
4
1895
Chap. 279 Sewer
Apr.
1898
100,000
31/2 31/2
...
....
. .
. .
. . .
. .
.
.. .
H. N. Schools
1929
Chap. 125 Hospital Add.
June 1929
90,000
....
....
..
. .
...
Grade Crossing
4
9,000
Drains
Date of Payment
25
CITY OF QUINCY- MUNICIPAL DEBT Outside the Debt Limit 1935 - Concluded
Date of Payment
Statutory Authority
Purpose
Date of Issue
Amt. of Issue
Rate
Int.
1951
1952
1953
1954
1955
1956
Totals
1920
Chap.
526 High Sch. Land
Oct.
1921
$58,000 52,000
5 41/4
A-O J-D
12,000
1920
Chap. 526
H. S. Building
May
1922
800,000
4
M-N
312,000
1920
Chap. 526
H. S. Building
Nov.
1922
15,000
41/4
M-N
3,000
1926
Chap. 249
Govt. School
Oct.
1926
157,500
4
A-O
.
.
30,000
1929
Chap. 122 Montclair and
H. N. Schools
June
1929
41/4
J-D
1929
Chap. 122 No. Jr. H. S. Bldg.
Apr.
1930
200,000
4
A-O
144,000
1926
Chap. 303 So. Jr. H. S. Bldg.
July
1926
450,000
J-J
210,000
1920
Chap. 526 Hospital Add.
Sept.
1922
100,000
M-S
40,000
1920
Chap. 526 Hospital Add.
Nov. 1922
40,000
11/4
M-N
16,000
1929
Chap. 125 Hospital Add.
June 1929
90,000
414
J-D
60,000
1929
Chap. 125 Hospital Add.
Apr.
1930
10,000
4
A-O
2,000
1895
Chap. 279 Sewer
May
1897
120,000
4
M-N
9,000
1895
Chan. 279 Sewer
7,500
1895
Chap. 279 Sewer
Apr.
1898
100,000
31/2
A-O
10.000
1895
Chap. 279 Sewer
Apr.
1899
75,000
A-O
5,000
1902
Chap. 248 Sewer
July
1902
60,000
3.16
J-J
12,000
1902
Chap. 248 Sewer
May
1903
70,000
31/2
M-N
9,000
1902
Chap. 248 Sewer
June
1904
50,000
J-O
10,000
1905
Chap. 151 |Sewer
Apr.
1907
40,000
A-O
13,000
1905
Chap. 151 |Sewer
May
1908
30,000
4
M-N
4,000
1905
Chap. 151 |Sewer
May
1909
30,000
3.1/2
M-N
5,000
1905
Chap. 151 |Sewer
Apr.
1910
40,000
4
A-O
16,000
1911
Chap. 57 Sewer
Mar.
1912
40.000
4
M-S
8,000
1911
Chap.
57 Sewer
Mar.
1913
40,000
4
M-S
9,000
1933
Chap. 366 Sewer
Jan.
1934
275,000
31/4
9,000
9,000
9,000
9,000
9,000
(1)
275,000
1933
Chap 366 Sewer
Dec.
1934
64,000
95
0
1933
Chap. 366 Drains
Jan.
1934
128,000
314 J-J
4,000
4,000
4,000
4,000
4,000
4,000
(2)
128,000
1933
Chap. 366 Drains
Dec.
1934
31,000
.75
.. .
..
. . . .
1926
Chap. 369
1931
Chap. 177
Water Street
Apr.
1932
75,000
5
A-O
.
.
. .
. .
45,000
Totals
$13,000
$13,000
$13,000
$13,000
$13,000
$13,000
(3)
$1,671,500
. .
. ..
. . .
$19,000
1920
Chap. 526|H. S. Equipment
June
1924
. .
. . .
....
1 1957 to 1964, incl .. $9,000 annually.
3 1957 to 1964 incl., $13,000 annually.
2 1957 to 1964, incl., $4,000 annually.
26
CITY OF QUINCY
31.000
1925
Chap. 330 Southern Art.
Nov.
1927
113,000
334 |M-N
33,000
Grade Crossing
Oct.
1897
100,000
4
A-0
4
. . .
... .
. .
J -J
9,000
. .
200,000
130,000
4
4
64,000
Aug.
CITY OF QUINCY-WATER DEBT-1935
Date of Payment
Statutory Authority
Date of Issue
Amount of Issue
Rate
Int.
1935
1936
1937
1938
1939
1940
1941
Totals
1907
Chap.
182
June,
1907
$30,000
J-D
$1,000
$1,000
$1,000
1907
Chap. 182
May,
1909
40,000
M-N
1,000
1,000
1,000
1,000
$1,000
5,000
1907
Chap. 182
Mar.,
1910
30,000
4
M-S
1,000
1,000
1,000
1,000
7.000
$1,000
6,000
Statutes
Apr.,
1926
600,000
4
A-O
40,000
40,000
40,000
40,000
40,000
40,000
$40,000
280,000 14,000
Statutes
May,
1931
50,000
315
10.000
10,000
...
..
... .
. .
20,000
Statutes
July,
1932
15,000
41/2
J-J
5,000
5,000
Statutes
Oct.,
1933
30,000
4
A-O
5,000
5,000
5,000
5,000
5,000
. ..
25,000
Statutes
Feb.
1934
10,000
3
F-A
5,000
5,000
Statutes
Aug.,
1934
50,000
3
F-A
10,000
10,000
10,000
10,000
10,000
....
50,000
Totals
$92,000
$73,000
$58,000
$57,000
$57,000
$41,000
$40.000
$418,000
Statutes
Apr.,
1930
70,000
4
A-O
14,000
...
....
...
..
...
....
27
AUDITOR'S REPORT
...
....
$3,000
4 31/5
M-N
10,000
.
28
CITY OF QUINCY
TEMPORARY LOANS
In Anticipation of Revenue
Unpaid balance from 1933
$1,540,000
Date 1934
Due
Sold To
Rate
Amount
Jan.
10
Nov.
6, 1934
Natl. Shawmut Bank.
4.50
$120,000
Jan.
10
Nov.
6, 1934
Merchants Natl. Bank ...
4.50
60,000
Jan.
10
Nov.
6, 1934
Bk. of the Manhattan Co.
4.50
120,000
Feb.
21
Nov. 21, 1934
Webster Atlas Natl. Bk.
2.245
150,000
Feb.
21
June
27, 1934
Natl. Shawmut Bank
2.99*
100,000
Mar.
8
June
25, 1934
Natl. Shawmut Bank
2.99*
50,000
Mar.
9
Dec.
6, 1934
U. S. Trust Co
2.875
150,000
Mar.
10
Nov.
21, 1934
Natl. Shawmut Bank.
2.875
60,000
Mar.
10
Nov.
21, 1934
Merchants Natl. Bank.
2.875
30,000
Mar.
10
Nov. 21, 1934
Bk. of the Manhattan Co.
2.875
60,000
Mar. 10
Dec.
28, 1934
Natl. Shawmut Bank
2.875
40,000
Mar. 10
Dec.
28, 1934
Merchants Natl. Bank
2.875
20,000
Mar.
12
Dec.
28, 1934
Granite Trust Co
2.875
50,000
Mar.
21
Feb.
28, 1935
F. S. Mosley & Co
1.73
125,000
Mar. 24
Feb.
28, 1935
F. S. Mosley & Co.
1.73
150,000
Mar. 29
Nov. 21, 1934
Bankers Trust(
.74
150,000
Mar. 29
Nov. 21, 1934
Bankers Trust Co
1.00
150,000
Apr.
12
June
25, 1934
Natl. Shawmut Bk. et al.
1.00*
50,000
May
8 June
29, 1934
Natl. Shawmut Bk. et al.
1.00*
50,000
May
24 June
29, 1934
Natl. Shawmut Bk. et al.
1.00*
60,000
May
28
Mar. 29, 1935
F. S. Mosley & Co.
1.49
125,000
May
28
Apr.
30, 1935
F. S. Mosley & Co ..
1.49
125,000
June
7
Dec.
6, 1934
Washburn, Frost & Co ... Merchants Natl Bk. et al. W. O. Gay & Co., Inc ..
1.45
125,000
June
25
Aug. 28, 1934
Natl. Shawmut Bk. et al.
1.00
210,000
June
27
Sept. 28, 1934
Natl. Shawmut Bk. et al.
1.00*
100,000
June
29
Aug. 28, 1934
Natl. Shawmut Bk. et al.
1.00
10,000
June
29
Sept. 28, 1934
Natl. Shawmut Bk. et al.
1.00*
300,000
July
10
Dec. 28, 1934
Merchants Natl. Bank. 1.19
200,000
July
11
Dec.
28, 1934
Merchants Natl. Bank
1.19
100,000
Oct.
23
June 28, 1935
Natl. Shawmut Bank
.74
100,000
Oct.
23
July 30, 1935
Natl. Shawmut Bank
.74
250,000
Nov.
17
Aug. 30, 1935
Bk. of the Manhattan Co. Merchants Natl Bk. et al.
.39
100,000
Dec.
7
June 30, 1935
Natl. Shawmut Bk. et al.
.74
150,000
Dec.
7
Sept. 27, 1935
.74
150,000
Dec.
14
Sept. 27, 1935
Bk. of the Manhattan Co. Bk. of the Manhattan Co.
.86
250,000
Total issued
$4,680,000
Total Notes Paid
4,270,000
Outstanding December 31, 1934
* Renewal 1933 Note.
In Anticipation of Bond Issue
Purpose
Date
Due
Sold To
Rate Amount
P.W.A. Drains Dec. 26, 1934 Aug. 1, 1935 Natl. Shawm't Bk. et al. . 75 $31,000 P.W.A. Sewers Dec. 26, 1934 Oct. 1, 1935 Nat'l Shawm't Bk. et al. . 95 64,000
Outstanding December 31. 1934
$95.000
(Bond Anticipation Notes included in figures of Debt Statement.)
.89
150,000
June
12
Dec.
6, 1934
.89
100,000
Mar. 10
Dec. 28, 1934
Bk. of the Manhattan Co.
2.875
40,000
Mar. 22
June
25, 1934
Natl. Shawmut Bank
1.00*
50,000
June 20
May 29, 1935
.74
300,000
Nov.
28
Feb. 28, 1935
$6,620,000
$1,950,000
29
AUDITOR'S REPORT
SUSPENDED ACCOUNTS
Accounts Not Yet Due
Apportioned sewer assessments not due.
$99,958 64
Apportioned sewer assessments due in 1933
$7 80
Apportioned sewer assessments due in 1934
15 73
Apportioned sewer assessments due in 1935
21,015 41
Apportioned sewer assessments due in 1936
19,282 14
Apportioned sewer assessments due in 1937
16,833 16
Apportioned sewer assessments due in 1938
14,269 79
Apportioned sewer assessments due in 1939
9,556 81
Apportioned sewer assessments due in 1940
7,508 75
Apportioned sewer assessments due in 1941
4,960 05
Apportioned sewer assessments due in 1942
3,822 19
Apportioned sewer assessments due in 1943
1,587 2
Apportioned sewer assessments due in 1944
1,099 55
Apportioned street betterments not due
$166,484 15
Apportioned street betterments due in 1933 $88 19
Apportioned street betterments due in 1934
120 41
Apportioned street betterments due in 1935
37,188 11
Apportioned street betterments due in 1936
34,435 54
Apportioned street betterments due in 1937 32,279 91
Apportioned street betterments due in 1938
22,814 64
Apportioned street betterments due in 1939
19,228 73
Apportioned street betterments due in 1940
11,529 78
Apportioned street betterments due in 1941
7,509 28
Apportioned street betterments due in 1942 1,058 96
Apportioned street betterments due in 1943
230 60
Apportioned sidewalk assessments not due
$30,566 08
Apportioned sidewalk assess'ts due in 1935
$8,622 95
Apportioned sidewalk assess'ts due in 1936 7,365 59
Apportioned sidewalk assess'ts due in 1937
5,976 84
Apportioned sidewalk assess'ts due in 1938
3,646 64
Apportioned sidewalk assess'ts due in 1939
2,604 65
Apportioned sidewalk assess'ts due in 1940
1,811 79
Apportioned sidewalk assess'ts due in 1941 495 49
Apportioned sidewalk assess'ts due in 1942
42 13
30
CITY OF QUINCY
TRUST FUNDS
Cash and Securities in hands of Treasurer
Children's Ward Fund
$708 76
Student Nurses' Loan Fund
198 06
Post Graduate Nurses' Fund.
102 40
Hospital Trust Funds
11,613 25
D. L. Jewell Hospital Fund.
5,000 00
C. C. Johnson Turkey Fund Welfare
2,000 00
Rock Island School Fund
1,000 00
Wilson Tucker Fund 400 00
C. E. French Cemetery Fund ..
3,000 00
C. C. Johnson Cemetery Fund.
150 00
George Pierce Cemetery Fund
200 00
Alex Nugent Cemetery Fund.
125 00
Wm. S. Williams Cemetery Fund ..
400 00
Alfred G. Dell Cemetery Fund.
200 00
Perpetual Care Fund.
192,660 64
Cash and Securities in hands of Trustees.
Adams Temple and School Funds.
$386,285 59
Woodward Fund
354,357 92
Thomas Crane Endowment Fund.
9,044 28
Crane Memorial Fund.
23,944 77
Ellery Channing Butler
1,021 03
C. C. Johnson Fund.
2,003 84
Geo. W. Morton
5,208 08
Alice G. White
1,003 28
$217,758 11
$782,868 79
Total
$1,000,626 90
AUDITOR'S REPORT
31
MUNICIPAL FINANCES ILLUSTRATED
The following diagram shows how the revenue of 1934, derived from taxes and ordinary receipts excluding all money borrowed, is expended.
PROTECTION OF LIFE AND PROPERTY=113 CENTS
GENERAL GOVERNMENT
3.6 CENTS
5.4 CENTS
CHARITIES=10.8CENTS
HOSPITAL- 6.4 CENTS
ONE DOLLAR
UNCLASSIFIED-1.6 CENTS
$
1934%
STATE =7,2 CENTS
COUNTY=2.3 CENTS
17.2 CENTS
DEBT AND INTEREST
OTHER 10.2 CENTS
SCHOOL 7 CENTS
HEALTH AND SANITATION
HIGHWAY=9.7 CENTS
LIBRARY=1.2CENTS
CITY OF QUINCY $
SCHOOLS=233 CENTS
General Government includes offices in City Hall. Protection of Persons and Property includes Police, Fire, Gypsy Moth, Sealer of Weights, Building Inspector and Wire Inspector. Highway in- cludes Maintenance, Repairs, and Street Lighting. Unclassified includes Parks, Cemeteries and Miscellaneous. State includes Metropolitan Assessments.
GEORGE H. BONSALL, Auditor of Accounts.
32
CITY OF QUINCY
TAX COLLECTIONS January 1 to December 31, 1934
Due Janary 1
Charges
Sold City
Abated
Collections
Due
1925
$13 80
48 30
359 68
1927
314 80
44 88
1,648 72
1928
1,342 53
468 33
$155 44
6 70
$2 00
1,011 04
1929
674 34
347 22
126 70
8 40
2 00
1,826 30
1930
1,398 11
565 29
138 59
418 11
702 00
10,458 83
1931
44,941 59
12,044 34
11,164 88
6,846 87
18,457 37
20,498 81
1933
1,782,426 85
18,938 35
390,954 05
29,556 18
1,341,770 19
39,084 78
Excise
1,165 66
1929
1,165 66
2 00
68 56
2,807 68
1930
2,878 24
7 19
12 34
1,595 42
12,152 97
1932
13,748 39
12 34
433 74
22.215 55
14,158 62
1933
36,196 46
611 45
Old Age
124 00
390 00
1931
513 00
1 00
739 00
2,320 00
1932
3,059 00
3,935 00
4,089 00
1933
8,014 00
10 00
$1,916,767 98
$34,596 89
$402,539 66
$37,411 99
$1,390,141 49
$121,271 73
1934 Commitments
Real Estate
$3,441,124 89
1,227 02
13,358 40
1,755,542 95
Personal
$344,542. 91
1 49
466 00
31,652 00
15,066 00
Polls
47,150 00
34 00
Motor
Vehicle
650 93
3,095 95
66,047 64
38,612 11
107,104 77
$3,939,922 57
$1,913 44
$17,595 30
$2,139,542 52 $1,784,698 19
$40 50
$40 50
55 20
$6 90
1926
10,259 83
1,457 70
1932
9,821 38
112 23
512 40
9,203 94
1931
1,673,450 56
674 95
286,299 93
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