Norwood annual report 1930-1932, Part 63

Author: Norwood (Mass.)
Publication date: 1930
Publisher: The Town
Number of Pages: 1172


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1930-1932 > Part 63


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TRUST ACCOUNTS


Assets


Liabilities


Cash in Bank, General Account


3,730.36


Cemetery Perpetual Care Funds $ 34,391.42


Norwood Trust Savings Dept. Bk.


18,141.42


Consumers Electric Service Department


12,814.00


Town of Norwood, Notes 2072-2073


3,000.00


Income Consumers Electric Deposits


299.41


U. S. Liberty Bonds


6,100.00


Principal Alice H. Plimpton Trust Fund


15,000.00


Norwood Trust Savings Dept. Bk. No. 23649


7,600.00


Income Alice H. Plimpton Trust Fund


1,040.53


Town of Norwood Notes 2067-68-69-70


3,000.00


High School English Fund


500.00


City of Lynchburg, Va., Water Bonds


5,000.00


Income High School English Fund


10.62


U. S. Liberty Bonds


10,000.00


Tax Title Receipts Sale by Town Amount received in excess of cost to Town


· 12.20


U. S. Liberty Bonds


500.00


Private Trust Accounts


Town of Norwood Notes 2150-2153


7,000.00


Dog License Fees paid after Dec. 2, 1932


3.60


140


$ 64,571.78


$ 64,571.78


DEBT ACCOUNTS


Net Fixed Debt


$1,120,900.00


School Loans


$ 619,800.00


Municipal Building Loans


212,000.00


Sewer Loans


144,500.00


Water Loans


38,000.00


Highway Loans


51,600.00


Playground Loans


43,000.00


Public Works Yard Loans


7,000.00


Park Loans


5,000.00


$1,120,900.00


$1,120,900.00


W. H. Cudworth Fund


500.00


Dedham Inst. Savings Book No. 62375


500.00


SCHEDULE A Special Assessments Outstanding December 31, 1932


1932 Moth Assessments


$ 150.00


1931 Appor. of Sewer Assessments


15.86


1932 Appor. of Sewer Assessments


1,451.69


1932 Appor. of Sidewalk Assessments


599.78


1932 Appor. of Street Betterments Assessments


643.96


1932 Appor. of Park Betterments Assessments


95.90


$2,957.19


141


1931 Interest on Sewer Assessments Appor.


7.27


1932 Interest on Sewer Assessments Appor.


304.37


1932 Interest on Sidewalk Assessments Appor.


143.24


1932 Interest on Street Betterments Assessments Appor.


294.66


1932 Interest on Park Betterments Assessments Appor


38.25


787.79


$3,744.98


SCHEDULE B Deferred Assessments Due in Years 1933-1941


Year When


Due


Apportioned Sewer


Apportioned Sidewalk


Apportioned Street Bett.


Apportioned Park Bett.


Total $ 7,502.33


1933


$ 3,496.40


$1,310.98


$ 2,372.95


$ 322.00


1934


2,764.56


1,235.98


2,359.95


322.00


6,682.49


1935


2,641.31


909.87


2,320.95


322.00


6,194.13


1936


2,148.12


626.53


2,150.28


322.00


5,246.93


1937


1,537.36


312.40


1,065.10


322.00


4,136.86


1938


1,179.91


236.92


961.55


62.50


2,440.88


1939


838.88


44.75


747.66


1,631.29


1940


488.16


13.46


611.96


1,113.58


1941


444.70


13.46


600.96


1,059.12


$15,539.40


$4,704.35


$14,091.36


$1,672.50


$36,007.61


142


SCHEDULE C Tax Titles


Tax Title Account as of January 1, 1932 (163) Titles Acquired During Year 1932 (113) Subsequent Taxes and Assessments of Year 1931 Subsequent Taxes and Assessments of Year 1932


$ 56,564.79 14,675.79


1,193.06


28,333.16


$100,766.80


Faulty Titles Disclaimed (6)


210.35


Titles Sold-Lands of low value (5)


36.99


Titles offered for sale, Land of low value, no bidder, purchased for Town (11)


192.60


Titles Foreclosed in Land Court (1)


280.42


Titles Redeemed (56) less (1) in error (55)


26,508.32


27,228.68


Total of Titles held, December 31, 1932


$ 73,538.12


Foreclosure


Assessed Value


Amount of


Dates


Number of Titles


as of April 1, 1932


Titles


Dec. 31, 1931


13


$ 49,950.00


$ 7,879.17


June 13, 1932


36


157,130.00


16,431.40


Sept. 13, 1933


23


7,320.00


899.59


Oct. 23, 1933


4


8,950.00


858.76


Dec. 28, 1933


13


168,570.00


17,861.39


Mar. 4, 1934


2


600.00


67.41


April 4, 1934


9


27,760.00


2,361.77


Aug. 1, 1934


23


12,350.00


1,057.55


Aug. 29, 1934


22


167,180.00


11,790.01


Sept. 26, 1934


12


14,125.00


534.48


Oct.


4, 1934


17


74,140.00


4,427.64


Dec. 13, 1934


33


148,000.00


9,369.95


207


$836,075.00


$73,538.12


143


144


SCHEDULE D


Departmental Accounts Receivable Outstanding December 31, 1932


Licenses and Permits


$ 193.50


General Government


124.40


Police


1,035.31


Fire


169.45


Care of Trees


.75


Health


10,327.73


Particular Sewers


712.36


Highways


730.94


Old Age Assistance


10.00


Public Welfare


16,707.39


Schools


1,173.88


Playgrounds


70.59


Real Estate


112.51


$31,368.51


CEMETERY PERPETUAL CARE FUND


On hand, Jan. 1, 1932 On hand, Dec. 31. 1932


$757.50 150.00


Saving Deposits $26,508.92 18,141.42


$ 6,100.00 16,100.00


Total $33,366.42 34,391.42


Receipts


Income


$1,201.19


Transferred to Town


$1,201.19


1,025.00


Invested


7,000.00


5,367.50


757.50


Cash on hand, Dec. 31, 1932


150.00


$8,351.19


$8,351.19


WARREN H. CUDWORTH LIBRARY FUND


Securities


Total


$ 500.00


$ 500.00


500.00


500.00


Receipts


Payments


Income


$ 20.00 Transferred to Town


$ 20.00


HIGH SCHOOL ENGLISH PRIZE FUND


Securities


Total


$: . 500.00


$ 500.00


500.00


500.00


Receipts


Payments


Income


$ 21:25 Transferred to Town


$ 21.25


ALICE H. PLIMPTON . LIBRARY TRUST FUND


Cash


Securities


Total


On hand, Jan. 1, 1932 On hand, Dec. 31, 1932


$ 590.53 1,040.53


$15,000.00


$15,590.53


15,000.00


16,040.53


Receipts


Payments


Income


$ 650.00


Transferred to Town


$ 200.00


Receipts


Payment


Cash on hand Jan. 1, 1932


$ 590.53


Cash Town Treasury


$ 1,040.53


$1,240.53


$ 1,240.53


145


On hand, Jan. 1, 1932 On hand, Dec. 31, 1932


Cash


Securities


Payments


Bequests Sale of Securities Cash on hand, Jan. 1, 1932


On hand, Jan. 1, 1932 On hand, Dec. 31, 1932


ELECTRIC CONSUMERS' DEPOSITS


Cash


On hand, Jan. 1, 1932


$ 332.06


On hand, Dec. 31, 1932


2,214.00


Securities $ 5,600.00 3,000.00


Saving Deposits $ 5,000.00 7,600.00


Total $10,932.00 12,814.00


Receipts


Sundry Consumers'


$4,145.00


Transferred


352.00 $


Income Interest


441.35


Invested


2,600.00


Sale of Securities


2,600.00


Refunded to


37 Depositors-full deposit


169.00


232 Depositor refunded


1,072.16


232 Deposits taken for charges


511.84


43 Depositors entire deposit forfeited


300.00


Cash on hand, principal


2,214.00


Cash on hand, income


299.41


$ 7,518.41


$ 7,518.41


146


Cash on hand, Jan. 1, 1932


332.06


Payments


147


TRIAL BALANCE, DECEMBER 31, 1932


Debit $ 192,998.52


Credit


Cash


Warrants Payable


$ 17,271.99


1931 Property Tax


2,810.55


1932 Poll Tax


104.00


1932 Old Age Assistance Tax


293.00


1932 Property Tax


189,285.71


1932 Motor Vehicle Excise


1,087.20


1932 Moth Assessments


150.00


1931 Appor. of Sewer


15.86


1932 Appor. of Sewer


1,451.69


1932 Appor. of Sidewalks


599.78


1932 Appor. of Street Betterments


643.96


1932 Appor. of Park Betterments


95.90


1931 Interest on Sewers


7.27


1932 Interest on Sewers


304.37


1932 Interest on Sidewalks


143.24


1932 Interest on Street Betterments


294.66


1932 Interest on Park Betterments


38.25


Tax Titles


73,538.12


Overlays, 1929


106.20


Overlays, 1931


20.30


Overlays, 1932


Overlay, Reserve


7,858.72


Federal Tax on Electrical Services


433.52


Electric Light Accounts Receivable


2,517.52


Water Rates


10,275.60


Water Accounts Receivable


870.59


Cemetery, Accounts Receivable


5,412.00


Cemetery, Care of Lots


2,906.00


Licenses, Accounts Receivable


193.50


General Government Accounts Receivable


124.40


Police Accounts Receivable


1,035.31


Fire Accounts Receivable


169.45


Care of Trees, Accounts Receivable


.75


Health, Accounts Receivable


10,327.73


Sewer, Accounts Receivable


712.36


Highways, Accounts Receivable


730.94


Old Age Assistance, Accounts Receivable


10.00


Welfare, Accounts Receivable


16,707.09


Page Totals


523,840.54


26,998.38


7,286.12 2,006.75


Electric Service Rates


148


TRIAL BALANCE-Continued


Credit


Total Forwarded


Debit $ 523,840.54 $ 26,998.38


Schools, Accounts Receivable


1,173.88


Parks and Playgrounds, Accts. Receivable


70.59


Real Estate, Accounts Receivable


112.51


Electric Consumers' Deposits, not Invested


2,214.00


Dog License Fees


3.60


Cemetery, Available Receipts


1,296.35


Water Works, Available Receipts


630.07


Special Assessments Revenue


3,744.98


Tax Title Revenue


73,538.12


Electric Light Revenue


10,376.24


Water Revenue


11,146.19


Cemetery Revenue


8,318.00


Motor Vehicle, Excise Revenue


1,087.20


Departmental Revenue


31,368.51


Excess and Deficiency


46,163.85


Revenue


107.00


Loans in Anticipation of Revenue


300,000.00


Premiums


161.73


Soldiers' Exemptions


117.48


Interest on Consumers' Deposits (Elec.)


299.41


Income on High School English Fund


10.62


Perpetual Care Bequests, Not Invested


150.00


Perpetual Care Funds


34,391.42


Income, Alice H. Plimpton Fund


1,040.53


Tax Title, Excess Receipts on Sales


12.20


Alice H. Plimpton Trust Fund


15,000.00


Alice H. Plimpton Trust Fund Investment


15,000.00


Cemetery, Perpetual Care Investments


34,391.42


W. H. Cudworth Fund Investments


500.00


W. H. Cudworth Fund


500.00


High School English Fund Investments


500.00


High School English Fund


500.00


Revenue Appropriations


2,938.98


Non-Revenue Appropriations


1,814.43


Electric Light Depreciation Fund


4,475.31


Electric Light Land Damage Appro.


12.00


Fixed Debt


1,120,900.00


School Loans


619,800.00


Municipal Building Loans


212,000.00


Sewer Loans


144,500.00


Page Totals


1,697,902.77


1,553,302.77


149


TRIAL BALANCE-Continued


Total Forwarded


Water Loans


$1,553,302.77 38,000.00


Highway Loans


51,600.00


Playground Loans


43,000.00


Park Loans


5,000.00


Public Works Yard, Loans


7,000.00


Apportioned Sewer Assessments Not Due


15,539.40


Due 1933


3,496.40


1934


2,764.56


1935


2,641.31


1936


2,148.12


1937


1,537.36


1938


1,179.91


1939


838.88


1940


488.16


1941


444.70


Apportionments of Sidewalks Assessments


Not Due


4,704.35


Apportionments of Sidewalks Assessments Due 1933


1,310.98


1934


1,235.98


1935


909.87


1936


626.53


1937


312.40


1938


236.92


1939


44.75


1940


13.46


1941


13.46


Apportioned Street Betterments Not Due 14,091.36


Apportionments of Street Betterments


Due 1933


2,372.95


1934


2,359.95


1935


2,320.95


1936


2,150.28


1937


1,965.10


1938


961.55


1939


747.66


1940


611.96


1941


600.96


Page Totals


1,732,237.88


1,732,237.8


Debit $1,697,902.77


Credit


150


TRIAL BALANCE-Continued


Total Forwarded


Apportioned Park Betterments Not Due


Debit $1,732,237.88 1,672.50


Credit $1,732,237.88


Apportionments of Park Betterments Due 1933


322.00


1934


322.00


1935


322.00


1936


322.00


1937


322.00


1938


62.50


Totals


1,733,910.38


:: 1,733,910.38


151


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Summary of Receipts


Cash Received from Town Treasurer and Col-


lector


Electric Service Sales


$224,270.59


Electric Service Sales-Interest on Deposits


350.54


Interest on Deposits-Applications Pending


90.81


Federal Electrical Energy Tax


1,951.12


Committed Accounts


2,964.95


Penalties Collected


110.20


Cash Received from F. S. Barton-Miscel- laneous Sales


1,107.55


Consumers' Deposits


4,145.00


234,990.76


Cash on hand January 1, 1932


Depreciation Fund


$ 419.02


Appro. for Land Damage


12.00


Petty Cash


50.00


Consumers' Electric Deposits


10,722.00


Interest on Consumers' Deposits


210.06


11,413.08


246,403.84


Disbursements


Expenditures as shown


Account's, Report Page


154,655.00


Interest paid on Consumers' Electric Deposit


1.46


Refunds of Overcharges


13.56


Refunds of Consumers' Deposits


2,053.00


Federal Electrical Energy Taxes


1,517.60


Appropriations to Other Departments for Service


17,986.00


Appropriations to be Returned to Town Treasury


40,500.27


Appropriations for Depreciation Fund and Expended for Construction


11,592.71


Balances as of December 31, 1932


Petty Cash


50.00


Appro. for Land Damages


12.00


Depreciation Fund


4,475.31


Consumers' Deposits


12,814.00


Income from Consumers' Deposits


299.4]


Federal Electrical Energy Tax


433.52


246,403.84


152


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Revenues


Outstanding Accounts January 1, 1932


Electric Service Rates


$ 7,060.42


Commitments to Town Treasurer and Col- lector, Electric Service Rates, Adjustments Deducted


284,180.38


291,240.80


Cash Collected (E. F. Sullivan)


224.270.59


Cash Collected (E. F. S.) as Federal Tax


1,951.12


Cash from Interest on Deposits, Credited


350.54


Discounts Allowed


56,383.96


Uncollectable Accounts Abated


425.87


Uncollected December 31, 1932


7,858.72


291,240.80


Accounts Receivable, Balance January 1, 1932 Charges for Year 1932


3,609.56


5,374.12


Cash Collected (Town Treasurer)


2,964.95


Abatements


3,501.21


Uncollected, December 31, 1932 ·


2,517.52


8,983.68


Miscellaneous Sales


Record from F. S. Barton


1,107.55


Consumers' Deposits


Record from F. S. Barton


4,145.00


Penalties


Received from Town Treasurer


110.20


.


8,983.68


153


WATER DEPARTMENT Revenues


Committed Accounts


Balances uncollected January 1, 1932 Water Rates


$


9,607.24


Other Accounts Receivable


2,315.47


Commitments


To Treasurer and Collector Water Rates


$ 70,514.48


Accounts Receivable


840.41


71,354.89


83,277.60


Receipts from Town Treasurer and Collector


Of Water Rates


69,432.63


Of Other Accounts Receivable


486.62


Abatement


Of Water Rates


413.49


Of Other Accounts Receivable


1,798.67


Outstanding December 31, 1932 Water Rates


10,275.60


Other Accounts Receivable


870.59


Income


Water Rates


69,432.63


Other Committed Accounts


486.62


Deposits of Advance Payments


733.44


Penalties


91.20


Hydrant Rentals from Tax Levy


5,880.00


76,623.89


Appropriations


Balances, January 1, 1932


380.17


Disbursements


Appro. for Maintenance, Expended as shown


28,642.30


Appro. for Construction, Expended as Shown


6,221.51


Appor. for Service from Other Departments


15,407.00


Appor. from Debt Payments


16,000.00


Appor. for Interest Requirements


2,345.00


Appor. for Maintenance Bal. Dec. 31, 1932


2,787.06


Appor. for Construction, Bal. Dec. 31, 1932


1,139.30


72,542.17


Surplus for 12 months


4,461.89


Revenue Deficit, Jan. 1, 1932


7,758.18


Appro. Balance Returned


3,926.36


Surplus for Year


4,461.89


8,388.25


Net Surplus, Dec. 31, 1932


630.07


.


83,277.60


77,004.06


154


CEMETERY TRUST FUNDS BEQUESTS


Total of Bequests, January 1, 1932 Bequests recorded during year


$33,366.42


Lot No. Donor


Amount


508


Michael A. Lydon


$150.00


1420 Grave


Estate of Bridget Calnan


25.00


2019 Lot


John and Alfred Anderson


150.00


577


Michael Bree


100.00


384


G. Roy Walsh


100.00


366


Pauline E. Heath


150.00


O. P. C. Lot Estate of Maria Leonard


100.00


570


Margaret McGowan


100.00


530


Helen E. Oldham


150.00


1,025.00


Total Bequests to December 31, 1932


$34,391.42


HIGHWAY CONSTRUCTION, 1932


Payroll $ 2,703.12


Material and Others $ 2,491.77 10.00


Total $ 5,194.89 10.00


Garfield Avenue Extension


Cottage Street


Nichols Street Extension


268.01


1,048.90


1,316.91


Central Street


200.40


909.99


1,110.39


Winter Street Widening


9.60


101.71


111.31


Sidewalks, Washington Street, Tremont Street, Cedar Street and Washington Street Between Bridges


335.46


335.46


Adj. Along New Walks


88.15


41.19


129.34


S. E. Cor. Pleasant and Dean Streets


23.95


2.76


26.71


N. E. Cor. Pleasant and Dean Streets


441.10


88.36


529.46


S. W. Cor. Pleasant and Dean Streets


175.50


40.72


216.22


Washington Street Sidewalk, Hannigan,s to Granite Street


666.58


575.63


1,242.21


Short and Morse Streets


629.65


385.67


1,015.32


N. W. Cor. Pleasant and Dean Streets


47.25


39.32


86.57


Plimpton Avenue, Lenox Street


26.00


26.00


Hill Street


1,384.42


682.27


2,066.69


Cedar Street Extension


4,562.18


1,500.77


6,062.95


Highland Street


1,066.38


544.50


1,610.88


Mountain Avenue Extension


918.66


1,098.24


2,016.90


Land Damage


515.45


515.45


Others


253.98


253.98


Settlement of Accident


350.00


350.00


$13,210.95


$11,016.69


$24,227.64


Material Used from Previous Year's Purchase 29.25


29.25


29.25


$13,210.95


$10,987.44


$24,198.39


155


DRAINS CONSTRUCTION, 1932


Payroll


Material and Others


Total


Water Street near Railroad Bridge


$ 158.08


36.82


194.90


Garfield Avenue Extension


1,320.41


818.61


2,139.02


Hill Street Extension


1,116.83


538.00


1,654.83


Oliver Street and Rock Street


552.80


340.48


893.28


Plimpton Avenue and Lenox Street, Clark Swamp


15,404.37


9,979.15


25,383.52


Tremont Street


455.35


485.08


940.43


Cedar Street


143.40


58.99


202.39


Washington Street at Bridges


94.60


14.15


108.75


Concord Avenue


427.90


396.50


824.40


Granite Street


234.04


181.82


415.86


Stock


140.53


140.53


Land Damage


1,025.53


1,025.53


Manhole Cor. Nahatan and Fulton Streets


23.12


22.25


45.37


$20,071.43


$13,897.38


$33,968.81


Material used from previous years purchase


$ 398.41


398.41


398.41


$20,071.43


$13,498.97


$33,570.40


Stock purchases in 1932 Total


3,168.50


$3,566.91


Less:


Departmental Credits Inter-Account Credits


$1,038.74 2,528.17


Total


$3,566.91


156


SEWER CONSTRUCTION, 1932


Payroll $15,387.22


Material and Others $ 9,563.93


Total $24,951.15


Hawes Brook Outfall


St. John Avenue


396.43


104.54


500.97


Hill Street Extension


105.20


53.61


158.81


Mountain Avenue


185.25


52.71


237.96


Metropolitan Connection


750.88


306.68


1,057.56


Morse Street


1,100.01


886.79


1,986.80


Prospect Street


149.48


91.87


241.35


Highview Street


822.89


1,110.36


1,933.25


Washington Street, Morse to Mylod Streets


883.02


311.01


1,194.03


Peter King's Service


29.20


13.17


42.37


Stock


46.10


1,054.43


1,100.53


Others


106.06


106.06


Land Damage


450.00


450.00


Reimbursement, Hill Street


66.63


66.63


Reimbursement, Nichols Street


176.88


176.88


Lump Sum Compensation


500.00


500.00


$19,855.68


$14,848.67


$34,704.35


157


WATER CONSTRUCTION, 1932


Payroll


Material and Others


Total


Hill Street Extension


$ 193.96


$ 125.11


$ 319.07


Cleveland Street


254.13


151.64


405.77


Franklin Street


432.78


464.88


897.66


Highview Lane


412.98


209.05


622.03


Sumner Street Extension


633.37


643.74


1,277.11


Service Extensions


172.36


497.91


670.27


Service Sales


291.51


311.35


602.86


Meter Installation


6.56


105.40


111.96


New Hydrant Installation


109.66


470.92


580.58


Stock


17.76


568.26


586.02


Meters


148.18


148.18


$2,525.07


$3,696.44


$6,221.51


158


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Balance Sheet Assets


Balance Jan. 1, 1932


Balance


Increase


Decrease


Dec. 31, 1932


Investments


$373,771.23


Plant Account as per schedule


$371,437.16


$2,334.07


7,937.55 General Equipment


7,937.55


Current Assets


691.08 *Cash


5,270.24


$4,579.16


10,722.00 Special Deposits


12,814.00


2,092.00


7,060.42 Accounts Receivable


7,858.72


798.30


6,556.79


Inventory


5,948.06


608.73


458.92


Insurance


2,672.46


$2,213.54


$407,197.99


$413,938.19


Liabilities


159


$


9,334.35


Accounts Payable


$ 8,725.06


609.29


10,722.00


Consumers' Service Deposits


12,814.00


$2,092.00


210.06


Matured Interest Unpaid


299.41


89.35


Federal Electrical Energy Tax


433.52


433.52


156,808.00


Loans Repayment


156,808.00


12,551.59


Appropriation from Construction Repaid


12,551.59


217,571.99


Profit and Loss Surplus


222,306.61


$4,734.62


$407,197.99


$413,938.19


*Cash


Depreciation Fund Cash


$4,475.31


Appropriated for Land Damage


12.00


Petty Cash Office


50.00


Interest on Deposits, Consumers


299.41


Federal Electrical Energy Tax


433.52


$5,270.24


Prepaid Accounts


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Operating Expenses


Operation Electric Energy Purchased


$ 97,480.33 Transmission and Distribution


Increase $ 41.74


Decrease


Station Labor


5,108.10


$ 170.70


Operation of Transmission Lines


4,164.15


1,799.25


Inspecting and Testing Meters


1,233.90


957.25


Removing and Resetting Meters


816.80


1,084.95


Maintenance of Transmission Station


511.73


1,056.29


Maintenance of Transmission Lines


8,002.97


8,959.50


Maintenance of Underground Conductors


11.96


18.49


Maintenance of Consumers' Meters


6.89


52.49


Maintenance of Transformers


211.62


97.69


Utilization


Operation


Municipal Street Lamps, Labor


602.83


143.58


Municipal Street Lamps, Supplies


1,030.73


500.62


Commercial Lamps (credit) ($122.86)


293.89


Maintenance


Municipal Street Lamps


451.05


1,064.40


Consumers' Installation


319.13


1,095.99


Commercial


Salaries and Wages service by other departments


14,210.00


340.00


Expense of service by other departments


3,540.00


40.00


General and Miscellaneous


Salary of Manager


3,900.00


.74


Wages, Office Clerks and Meter Readers


3,986.40


1,582.60


General Office Supplies


583.05


474.55


Insurance


2,849.34


417.14


Transportation Expense


1,221.36


1,793.95


Inventory Adjustment (Credit) ($324.43)


254.28


Maintenance of General Structures


1,390.29


780.22


Depreciation


15,649.00


643.00


Miscellaneous, General Expense


421.80


266.86


160


$167.286.14


. .


·


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Operating Revenue


Metered Sales to Private Consumers Metered Sales to Street Railways Municipal Revenues, Metered Sales Municipal Revenues, Metered Sales, Street Lighting


Increase


Decrease


$195,876.07


$ 9,694.01


4,498.89


$ 4,892.95


9,030.62


7,744.26


16,191.00


3,153.00


$225,596.58


Operating Revenues Operating Expenses


$225,596.58


$ 6,096.20


167,286.14


19,559.28


Net Operating Revenue Deduct Taxes Assignable


$ 58,310.44


13,463.08


13,075.55


$4.46


Net Operating Income


$ 45,234.89


$13,467.54


Profit and Loss Statement Debits


Appropriated by Vote of Town Meeting Balance, Dec. 31, 1932


$ 40,500.27 222,306.61


$262,806.88


Credits


Credit Balance, Jan. 1, 1932 Credit Balance from Income Account


$217,571.99


45,234.89


$262,806.88


161


Income Statement


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment


Original Cost


$


9,636.68


Land


Book Value Jan. 1, 1932 $ 9,636.68


Additions


Book Value During Year Depreciation Dec. 31, 1932 $ 9,636.68


55,547.28


Structures


47,491.88


55.44


47,547.32


129,046.10


Transformer Station, Equipment


98,455.93


253.90


$15,649.00


83,060.83


170,599.03


Poles, Fixtures and Overhead Conductors


97,088.10


8,900.72


105,988.82


31,898.76


Underground Conduits


28,398.25


426.50


28,824.75


14,171.19


Underground Conductors


12,907.71


263.48


13,171.19


48,589.72


Consumers' Meters


24,927.83


1,449.90


26,377.73


6,843.27


Consumers' Meter Installation


6,605.53


237.74


: 6,843.27


41,865.41


Line Transformers


22,424.83


789.31


23,214.14


9,336.87


Transformer Installation


8,862.40


474.47


9,336.87


27,068.68


Street Lighting Equipment


16,972.09


463.47


17,435.56


$544,602.99


$373,771.23


$13,314.93


$15,649.00


$371,437.16


Office Equipment Motor Equipment


5,147.55


2,790.00


$381,708.78


162


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant and System Statistics


1926


1927


1928


1929


1930


1931


1932


Overhead System:


Miles of Lines in Public Ways (Overhead)


48.12


19.02


19.70


50.10


50.90


50.50


56.50


Miles of Lines Elsewhere (Overhead)


1.60


1.60


1.80


1.80


2.10


3.50


4.50


Poles in Public Ways (Plant Owned)


1,632


1,651


1,681


767


813


178


105


Poles Elsewhere (Plant Owned)


97


97


104


69


67


76


13


Jointly Owned


142


124


424


1,321


1,418


2,075


2,204


Conduit, Feet of


21,982


21,982


24,492


24.717


28,707


29,007


29,227


Cables in Conduit, Feet of


34,295


34,295


41,400


46,954


66,673


80,913


81,833


Consumers' Meters: Lighting Service Only


4,015


4,182


4,342


4,312


4,549


1,864


Street Lamps:


Number in Use


777


789


765


987


1,067


1,142


1,169


Total Hours of, During the year


4,000


3,991


4,008


4,009


3,907


3,831.57


3,916


Electric Energy :


Purchased Kilowatt Hours


6,594,000


6,9-42,000


7,312,000


7,401,744


7,445,258


7,959,000


8,016,000


Supplied for Street Lighting


273,802


319,155


372,392


531,315


683,000


644,600


631,000


Supplied for Street Railway Use


519,127


509,168


538,680


512,771


467,480


456,342


214,363


Supplied for Metered Service


4,593,219


4,712,516


5,042,203


5,152,176


5,209,249


6,031,494


6,031,250


Used at Station


324,903


270,043


359,810


126,494


Kilowatt Hours not Accounted for 802,786


962,311


912,457


880,079


821,309


923,996


1,012,893


163


164


To the Selectmen of the Town of Norwood,


Herbert A. Baker, Chairman


Gentlemen:


The foregoing is submitted herewith as a report of the Town Clerk and Accountant of the Town of Norwood for the year ending December 31, 1932, setting forth abstracts of the records of Town Meetings and Elec- tions, Vital Statistics and Statements of the appropriations and expendi- tures and the receipts from each source of income. Also statement of funded debt, temporary loans, information relative to maturities and debt, the balance sheet showing the assets and liabilities at the close of the fiscal year together with a statement of the Town Treasurer's cash.


The Treasurer's cash balance as of December 31, 1932, has been verified by reconciliations of the bank account and amount on deposit in banks as of the same date and a statement in accordance with the requirements of statutes is herewith submitted:


Bank Balance, Norwood Trust Co., Dec. 31, 1932


$151,143.50


Bank Balance, Merchant's National Bank, Dec.


31, 1932 50,046.12


201,189.62


Outstanding Checks, Dec. 31, 1932


14,742.28


186,447.34


Receipts of Dec. 31, 1932, Deposited Jan. 3, 1933 $6,326.18 Cash in Office 225.00


6,551.18


192,998.52


165


I further certify that I have examined the trust fund securities and cash in the hands of the Town Treasurer and find them to be correct, and securities on hand as shown in the following schedule:


Fund Accounts, Securities, December 31, 1932


Cudworth Fund


Dedham Inst. Savings


Book No. 62,375


$ 500.00


Electric Service Deposit


Norwood Trust Savings Dept.


23,649


7,600.00


Electric Service Deposit


Town of Norwood Note Number


2,067


1,000.00


Electric Service Deposit


Town of Norwood Note Number


2,069


1,000.00


Electric Service Deposit


Town of Norwood Note Number


2,070


1,000.00


Cemetery Per. Care Trust Fund Norwood Trust Co.


9,054


18,141.42


Cemetery Per. Care Fund


Reg. U. S. Bond 41


49,384


1,000.00


Cemetery Per. Care Fund


Reg. U. S. Bond 41


166,304


100.00


Cemetery Per. Care Fund


Reg. U. S. Bond 41


1,475,297


100.00


Cemetery Per. Care Fund


Reg. U. S. Bond 41


336,400


1,000.00


Cemetery Per. Care Fund


Reg. U. S. Bond 41


336,401


1,000.00


Cemetery Per. Care Fund


First Liberty Loan 4}


C00325,153


100.00


Cemetery Per. Care Fund


First Liberty Loan 41


C00325,154


100.00


Cemetery Per. Care Fund


First Liberty Loan Conv. 41


E00425,990


100.00


Cemetery Per. Care Fund


First Liberty Loan Conv. 41


C00167,243


500.00


Cemetery Per. Care Fund


First Liberty Loan Conv. 4}


E00167,125


500.00


Cemetery Per. Care Fund


Fourth Liberty Loan 41


B01648,542


50.00


Cemetery Per. Care Fund


Fourth Liberty Loan 44




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