USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1942-1944 > Part 9
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1,832.00
8,368.90
8,368.90
Schools, Operation Lunch Counter
8,368.90
8,368.90
575.00
575.00
Razing of Beacon School
54.20
425.00
479.20
3,500.00
3,500.00
Peabody School Building
101.35
288.90
390.25
95.80 3,109.75 R
100.00
100.00 Purchase of Eye Glasses for Needy School Children
8.00
8.00
92.00
3,060.00
3,060.00 Industrial Education
1,756.12
374.27
2,130.39
929.61
13,027.00
13,027.00 Morrill Memorial Library, Salaries
12,957.45
45.90
13,003.35
23.65
7,553.94
7,553.94 Morrill Memorial Library
6,122.00
695.35
6,817.35
736.59R*
3,900.00
3,900.00 Parks, Maintenance
3,825.25
7.80
3,833.05
66.95
148
1,832.00
Warrant
1,700.00
1,700.00 Playgrounds, Maintenance Personal Services
1,700.00
1,700.00
4,740.00
4,740.00 Playgrounds, Maintenance
4,449.34
30.60
4,479.94
260.06
4,636.00
4,636.00 Playgrounds, Operation
3,928.76
3,928.76
707.24
500.00
500.00
Carillon Concerts
369.84
33.00
402.84
97.16
550.00
550.00
Band Concerts
518.63
518.63
31.37
4,443.41
4,443.41
Insurance
3,850.85
102.09
3,952.94
490.47
3,000.00
3,000.00
War Damage Insurance
2,759.03
2,759.03
240.97
1,400.00
1,400.00
Printing of Town Reports
1,130.46
1,130.46
269.54
465.00
465.00
Memorial Day Observance
419.75
419.75
45.25
474.76
474.76
A'd to Dependent Children,
U. S. Grant, Administration
355.50
355.50
119.26
8,054.48
8,054.48 Aid to Dependent Children,
8,054.48
8,054.48
21,350.41
21,350.41 Assistance to Aged Citizens,
20,629.01
20,629.01
721.40
755.11
755.11 Assistance to Aged Citizens,
U. S. Grant, Administration
755.11
755.11
27,748.00
27,748.00
Water Department, Operation
24,360.11
165.75
24,525.86
3,222.14
10,285.00
10,285.00
Water Department, Maintenance
8,776.73
95.57
8,872.30
1,412.70
23,082.72
23,082.72
Water Department, Construction
10,957.77
414.34
11,372.11
11,710.61
15,786.95
15,786.95 Light Department, Utilization and
Miscellaneous Expense
13,931.82
216.62
14,148.44
1,638.51
34,216.60
34,216.60 Light Department, Operation
22,072.91
352.07
22,424.98
11,791.62
200,000.00
200,000.00
Light Department, Purchase of Electric Energy
178,521.17
178,521.17
21,478.83
13,000.00
13,000.00 Light Department, in Lieu of
Taxes
13,000.00
13,000.00
U. S. Grant
U. S. Grant
149
REVENUE APPROPRIATIONS-Continued State ment of Appropriations, Expenditures and Balances
Warrant
Transfers
Revenue
Total
Accounts
Payments
Payable 237.64
Total 28,557.42 10,047.58
Balance 13,911.61
42,469.03
42,469.03
Light Department, Construction
28,319.78
10,490.00
10,490.00
Cemetery, Maintenance
9,981.76
65.82
442.42
2,675.00
2,675.00
Cemetery, Improvement
1,671.78
166.51
1,838.29
836.71
18,164.90
18,164.90
18,108.05
18,108.05 160,000.00
56.85
160,000.00
160,000.00
Maturing Debt
160,000.00
99.81
444.81
5.19
500.00
500.00
Lease of Quarters, Veterans of Foreign Wars
500.00
500.00
64,800.00
64,800.00
Special Adjusted Compensation
60,150.00
60,150.00
4,650.00
1,400.00
1,400.00
Annuity to Dependents of John F. Lydon
1,399.92
1,399.92
.08
5,949.05
5,949.05 In Co-operation with Federal Gov- ernment Relief of Unemployment
5,949.05 R 267.71 4,916.31
43.54
13.54
W.P.A., Library Project
43.54
43.54
2,894.39
2,894.39
W.P.A., Sewer Project
763.25
763.25
2,131.14
5,000.00
5,000.00
W.P.A., Transportation of workers
5,000.00
5,000.00
1,719.10
1,719.10
W.P.A., Local Administration
1,716.57
2.53
1,719.10
2,500.00
2,500.00
W.P.A., Granolithic Sidewalks
2,437.96
40.61
2,478.57
21.43
.75
.75
National Youth Administration
.75
.75
21.67
21.67
W.P.A., Historical Record Survey
21.67
21.67
$2,897.60
$1,625,610.66 $1,628,508.26
$1,420,718.20
$15,713.40 $1,436,431.60
$192,076.66
150
267.71
267.71 Unpaid Bills Prior to Dec. 31, 1941
4,916.31
4,916.31
Reserve Fund
814.94
814.94
W.P.A., Hauling Commodities
813.79
1.15
814.94
Interest
450.00
450.00 Expense of Officials, Out of State
345.00
Taxation and Available
NON REVENUE APPROPRIATIONS
Appropriations
Warrants
Balance of Receipts
Borrowings
Total
Accounts
Payments
Payable
Total
Balance
$14,374.74
$14,374.74
Surface Drainage, Construction
$14,217.83
$14,217.83
156.91 R
37,788.98
37,788.98
Light Construction, New Sub Station
37,419.57
37,419.57
369.41 R
51,241.97
51,241.97
Henry O. Peabody School for Girls
49,543.79
49,543.79
1,699.18 R
1.00
1.00
Land Protection of Water Supply
1.00 R
67.81
67.81
New Town Ways, Westerly of Senior High School
67.81 R
597.55
597.55
Construction of Lenox Avenue
597.55 R
585.17
585.17
Nichols Street Extension
585.17 R
43.43
43.43
Macadam Resurfacing
13.43 R
190.05
190.05
New Town Ways, Northerly of Nichols Street
190.05 R
153.86
153.86
Gay Street Extension
153.86 R
347.96
347.96
School Building Construction
347.96 R
12.48
12.48
Water Department Construction
12.48 R
$105,405.00
$105,405.00
$101,181.19
$101,181.19 $4,223.81
151
OTHER OPERATING ACCOUNTS
Warrant
Accounts
Payments
Payable
Total
Balance
$4,583.60
$4,583.60
Garage, Gasoline and Oil
$4,196.55
$1.75
$4,198.30
$385.30
4,584.32
1,248.47
5,832.79
Garage, Maintenance and Operation
5,668.10
83.32
5,751.42
81.37
Loans in Anticipation of Revenue
450,000.00
450,000.00
Investment Transactions
2,225.00
2,225.00
Unclaimed Land Damages, Checks
1,200.00
1,200.00
Refunds
1,005.99
18.00
1,023.99
Trust Transactions
5,012.85
5.00
5,017.85
Agency Transactions
106,798.34
106,798.34
Income, Berwick English Prize .
14.35
14.35
Purchase of War Bonds
712.50
712.50
Return of Payrolls-Deductions for Purchase of Bonds
41.38
41.38
George Deen Educational Trust Fund Tailings
10.51
10.51
1941 Warrants Payable
32,267.87
32,267.87
$611,294.69
$108.07 $611,402.76
$466.67
152
$9,167.92
$1,248.47
$10,416.39
Taxation and Available Revenue
Transfers
Total
ยท
2,141.25
2,141.25
TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1942 GENERAL ACCOUNTS
Assets
Liabilities and Reserves
Cash:
In Banks and Office
$394,480.73
Temporary Loans: In Anticipation of Revenue
$100,000.00 15,821.47
Accounts Receivable :
Warrants Payable
Taxes:
Guarantee Deposits: Electric Service
Levy of 1939
$1,297.00
Real Property
1,121.28
Sewer
123.68
Levy of 1940
Water
154.81
Polls
2.00
Electric Consumers' Installations 56.51
1,632.00
Polls
60.00
Town Clerk's Licenses: State Sporting Licenses
228.50
Real Property
1,103.59
County, Dog Licenses 9.25
Levy of 1942
Polls
182.00
Tailings
Fire Loss Damage
74.00
Land Damage Checks Unclaimed
552.00
Cemetery Perpetual Bequests
1,075.00
Cemetery Sale of Lots and Graves
24,106.75
Motor Vehicle Excise Taxes: Levy of 1942
691.57
Income-Trust and Investment Funds: Electric Consumers' Deposits 250.14
Special Assessments:
Sewers added to Taxes 1942
1,599.36
Cemetery Perpetual Care Fund 1,153.70
Street Betterments added to
Anna M. Day Cemetery Fund 449.48
Taxes 1942
455.50
Chickering Fund 16.00
.
153
237.75 2,069.48
Personal Property
2,117.66
Real Property
84,043.68
88,963.14
Levy of 1941
Personal Property
332.93
BALANCE SHEET, Dec. 31, 1942-Continued
Assets
Liabilities and Reserves
Committed Interest 1942 747.47
Warren H. Cudworth Fund
10.00
Alice H. Plimpton Library Fund High School English Prize 7.20
1,860.90
2,802.33
Unapportioned Sewer Assessments
5,990.88
Tax Titles
21,190.52
Tax Title Possessions
36,712.00
Federal Grants:
Departmental:
Granolithic Sidewalks
105.05
Moth
577.38
Old Age Assistance Aid
721.40
General Government
53.50
Highway Grant, Chapter 464
155.85
Health
5,255.44
Payroll deduction for Bond Purchases
886.03
154
Highways
470.12
Licenses
426.25
P. W. A. Projects: Sewer 1514F
2,545.35
Police
3,563.53
Unexpended Appropriation Balances Carried Forward:
Sanitation
548.26
Parks
16.50
Revenue
36,401.34
Schools
287.79
Non-Revenue
4,223.81
Welfare
3,062.70
40,625.15
Old Age Assistance
740.02
1,901.78
Real Estate
735.00
Reserve Fund-Overlay Surplus Overlay-Reserved for Abatement of Taxes:
15,841.54
Levy 1940
2.00
Public Service Enterprises: Municipal Electric Light 10,285.08
665.60
Levy 1941 Levy 1942
799.35
George Deen Educational Fund
3,747.42 1,833.75
Aid to Dependent Children Administration
119.26
Miscellaneous Discrepancy Account
469.98
Revenue Reserved Until Collected:
Departmental Electric Light
11,536.83
Motor Vehicle Excise
691.57
Special Assessments
8,793.21
Tax Titles
21,190.52
Miscellaneous
2,074.70
Water Liens
136.50
Water
15,623.75
Water Liens Added to 1941 Taxes
40.00
Water Liens Added to
1942 Taxes
821.18
15,623.75
Cemetery :
Sale of Lots and Graves
5,011.35
Care of Lots
9,133.50
14,144.85
State Aid to Highways
1,771.53
Electric Light Guarantee Deposits Refunded in error
167.00
State Tax and Assessments (Under Estimated)
227.17
$610,238.84
$610,238.84
876.77
29,986.39
11,631.83
Water Department
Rates
12,551.37
Tax Title Possessions
36,712.00
Aid to Highways
1,771.53
Surplus Revenue
126,305.80 284,361.65
155
DEFERRED REVE NUE ACCOUNTS
Apportioned Sewer Assessments Not Due
Apportioned Street Betterments Not Due
$16,664.27 1,928.67
Apportioned Sewer Assessments Revenue:
Due in 1943
$4,219.32
Due in 1944
4,166.96
Due in 1945 4,157.20
Due in 1946
4,120.79
$16,664.27
Apportioned Street Betterment
Assessment Revenue:
Due in 1943
877.09
Due in 1944
162.88
Due in 1945
162.88
Due in 1946
162.87
Due in 1947
112.59
Due in 1948
112.59
Due in 1949
112.59
Due in 1950
112.59
Due in 1951
112.59
.
156
1,928.67
$18,592.94
$18,592.94
DEBT ACCOUNTS
Net Bonded Debt-Inside
Net Bonded Debt -- Outside
$269,577.00 409,000.00
Loans-Inside Debt Limits:
Schools
60,000.00
Highways
61,577.00
Sewer
135,000.00
Municipal Office Building 13,000.00
$269,577.00
Loans-Outside Debt:
Electric Light Construction
48,000.00
Schools
142,000.00
Sewers
62,000.00
Water
66,000.00
State Tax Funding
12,000.00
Emergency Storm
35,000.00
Municipal Relief
44,000.00
$409,000.00
$678,577.00
$678,577.00
157
TRUST, INVESTMENT AND RETIREMENT FUNDS
Trust, Investment and Retirement Funds, Cash and Securities: In Custody of Town Treasurer
$197,695.73
High School English Prize Fund
$500.00
Warren H. Cudworth Library Fund E. Florence Morse Library Fund 500.00
500.00
Alice H. Plimpton Library Fund William T. Whedon Library Fund
12,041.63
500.00
Anna M. Day Cemetery Fund
5,000.00
Cemetery Perpetual Care Fund
57,291.42
Municipal Light Guarantee Deposit Fund
9,400.00
Municipal Contributory Retirement Fund 111,962.68
$197,695.73
$197,695.73
158
159
CONTRIBUTORY RETIREMENT-1942 Membership
Membership, December 31, 1941:
Group 1-Male 106; Female 31
Group II-Male 3
Total
140
Enrolled during year: Group I-Male 7; Female 6
Group II-Male 20
Deaths: Group 1, Male 1
Withdrawals: Group I, Male 6, Female 4
Retirement for:
Superannuation, Group I, Male 5
Group II, Male 1
Membership December 31, 1942
Total 156
Pensioners
Retirement for: Superannuation 23
Death 1
Membership December 31, 1942 22 22
Total Membership December 31, 1942, including Beneficiaries 178
Group I:
84 Male eligible for prior service credit: salaries 19 Female eligible for prior service credit: salaries Group II:
0 Male eligible for prior service credit: salaries Group I:
20 Male not eligible for prior service credit: salaries 12 Female not eligible for prior service credit: salaries
Group II:
21 Male not eligible for prior service credit: salaries
$239,076.00
Income
Balance of Previous Years $94,346.70
From Members: Group I Group II
$11,585.69 603.91 .
12,189.60
160
From Town:
Appropriation as Contributors : Accrued Liability
$13,711.00
Normal Liability
5,910.00
Administration Expenses
600.00
20,221.00
From Interest:
Interest on Bonds and Stocks
$1,962.26
Interest on Deposits
916.28
2,878.54
From Other Sources:
Gross Profit on Sale of Ledger Assets
$66.47
Refund of Retirement Allowance
40.00
106.47
$129,742.31
Disbursements
Annuity Payments:
Group I
$252.21
Group II
1.80
$254.01
Pension Payments:
Group I
$13,013.22
Group II
926.88
13,940.10
Refunds:
(1) Deaths:
Deposits
$229.38
Interest
15.64
245.02
(2) Other Withdrawals:
Deposits
$2,638.24
Interest
184.76
2,823.00
Administrative Expenses:
Salaries
$443.87
Printing and Stationery
7.21
Association Expense
28.18
479.26
Gross Decrease by Amortization of
Ledger Assets
$38.24
38.24
Total Disbursements:
$17,779.63
161
CONTRIBUTORY RETIREMENT SYSTEM-1942 Assets
Bonds at Book Value
$77,912.44
Deposits in Banks not at Interest
504.24
Deposits in Banks at Interest
33,545.00
$111,962.68
Non Ledger Assets
Interest Accrued on Bonds
$563.33
Interest Accrued on Stocks
200.00
Interest Accrued on Savings Banks (Jan. 1)
14.94
778.27
$112,740.95
Liabilities
Annuity Savings Fund:
Group I
$53,521.07
Group II
1,421.34
$54,942.41
Annuity Reserve Fund:
Group I
$2,861.73
Group II
5.00
2,866.73
Pension Accumulation Fund:
Group I
$53,594.06
Group II
32.97
53,627.03
Expense Fund
743.51
Undistributed Earnings (Not on Books)
269.80
Profit and Loss on Sale of Bonds
291.47
$112,740.95
162
WATER DEPARTMENT
Cash Received at Office of Town Treasurer:
Water Rates
$79,571.81
Service Fees
16.00
Service and Materials
866.10
Hydrant Repairs
39.43
Sale of Junk
1,300.00
Water Liens
301.00
Water Liens added to 1940 Taxes
42.25
Water Liens added to 1941 Taxes
302.50
Water Liens added to 1942 Taxes
626.23
Hydrant Rentals
6,580.00
Balance 1941 Extension Account (Revenue)
1,018.72
Balance 1941 Extension Account (Non Revenue)
12.48
Appropriation by Revenue
$22,064.00
22,064.00
$112,740.52
Disbursements
Maintenance and Operation
33,398.16
Service Charges to Other Departments
14,880.00
Extension of Mains
11,372.11
Debt and Interest Service
23,452.50
Unexpended Appropriation Balances
Returned to Town Treasury
16,345.45
Reserve Balance December 31, 1942, Appropriation for:
Extension of Water Mains (Non Revenue)
12.48
$99,460.70
Cash Returned to Town Treasury
13,279.82
$112,740.52
163
To the Selectmen of the Town of Norwood Harry B. Butters, Chairman
Gentlemen:
The foregoing is submitted as the report of the Town Clerk and Accountant for the year ending December 31, 1942, setting forth abstracts of the records of Town Meetings and Elections, Vital Statistics and statements of the appropriations and expenditures 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 cash balance of the Town Treasurer has been verified by reconciliations of the bank statements and amount on deposit at banks as of the same date in accordance with the requirements of the statutes is herewith submitted:
Bank Balance Norwood Trust Co., December 31, 1942 Deposits in Transit
$229,610.87 88,669.14
$318,280.01
Checks Outstanding per list
48,531.65
Balance, Norwood Trust Co. December 31, 1942
$269,748.36
Balance, Second National Bank, Boston
115,901.66
Balance, Second National Bank, Boston, P.W.A. 1514F
2,545.35
Balance, Merchants National Bank of Boston
5,860.36
Office Cash
425.00
$394,480.73
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:
TRUST FUND SECURITIES-DECEMBER 31, 1942
High School English Prize
27/8 U. S. Treasury Bonds-1955-60, Nos. 199157H, 58J, 59K, 60L, 61A
$500.00
Warren H. Cudworth Fund
Dedham Institution for Savings, No. 62375
500.00
William T. Whedon Library Fund
U. S. Savings Bond Series G No. D3494009 500.00
164
E. Florence Morse Library Trust Fund U. S. Savings Bond Series G No. D440133G 500.00
Alice H. Plimpton Library Trust Fund
314 U. S. Treasury Bonds 1955-60
Nos. 43578J, 79K, 80L, 81A, 82B, 83C
6,000.00
U. S. Savings Bonds Series G Nos. M1781389, 399, 409, 419, 429 5,000.00
Norwood Trust Co. Savings No. 27276 1,035.88
$12,035.88
Anna M. Day Fund
Norwood Trust Co. Savings No. 277031
$5,000.00
Electric Service Deposits
Town of Norwood Sewer Note No. 2552
2,000.00
Town of Norwood Sewer Note No. 2553
1,000.00
U. S. Savings Bonds Series G
Nos. M69932G, 33G, 34G, 35G, and 160068G
5,000.00
U. S. Savings Bond No. M8028449
1,000.00
Norwood Trust Company 400.00
$9,400.00
Cemetery Trust Fund
27/8 Treasury Bonds 1955-60
Nos. 288698J, 99K, 199162B, 63C, 64D.
500.00
27/8 Treasury Bonds 1955-60 Nos. 179298J, 277430L
2,000.00
Town of Norwood Highway Note No. 2875
577.00
Norwood Trust Savings Nos. 9054
5,000.00
Dedham Institution for Savings No. 70351
5,091.00
Walpole Trust Company No. 11787
2,000.00
Wildey Savings No. 169733
4,000.00
Canton Institution for Savings No. 22466
4,000.00
Home Savings No. 431247
4,000.00
Brookline Savings No. 105782
1,000.00
Charlestown Five Cent Savings No. 227562
4,000.00
Massachusetts Savings No. 67947
2,000.00
Boston Five Cent Savings No. 1147096
4,000.00
Franklin Savings No. 199149
2,000.00
Boston Penny Savings No. 235356
4,616.92
10 Shares Forest Hills Cooperative Bank No. 614
2,000.00
10 Shares Hyde Park Cooperative No. 1776
2,000.00
U. S. Savings Bond No. M178143G
1,000.00
U. S. Savings Bond No. D57565G
500.00
U. S. Savings Bond No. V1266339
5,000.00
165
U. S. Savings Bond No. M692051G U. S. Savings Bond No. M692052G
1,000.00
1,000.00
$57,284.92
Contributory Retirement Fund
Lake Superior 314 s 1966, Nos. M4387, 88, 89 M551
$4,000.00
Toledo Edison 31/2s 1966, Nos. M96, 97, 98, M18755 4,000.00
Westchester Lighting 31/2s 1967, Nos. 8017-18 2,000.00
Pacific Gas & Electric 334s 1961, Nos. M88320, 21, 22
3,000.00
Central Vt. Public Service 31/2s 1966, Nos. M1596, M6358, M4077, M4078 4,000.00
Jersey Central Power & Light 31/2s 1965, Nos. M23683, 84, 85, M5841, M12398, 99, M19795, 96, 97 9,000.00
200 Shares First National Bank Stock
50 No. 172435, 50 No. 172473, 100 No. 176615
9,525.00
U. S. War Bonds Series G, Nos. V13129G, M70598G, 99G, 600G, M73201G, 202G 10,000.00
U. S. War Bonds Series G, Nos. M226767G, 68G, 69G
3,000.00
10 Pd. Up Shares Merrimac Co-op. Bank, No. 1358
2,000.00
10 Pd. Up Shares Norwood Co-op. Bank, No. 233 Decham Institution for Savings, No. 72229
4,000.00
East Boston Savings, No. 120970
3,005.00
Malden Savings, No. 155338
4,040.00
Danvers Savings, No. 6994
2,500.00
Natick Five Cent Savings, No. 59334
1,000.00
Newton Savings, No. 85338
3,000.00
Norwood Trust Co. Savings, No. 31483
3,000.00
Walpole Trust Savings, No. 12174
3,000.00
Boston Penny Savings, No. 234825
10,000.00
U. S. War Bonds Series G, Nos. X181352G, X170194G, M740324G
21,000.00
Great Northern Ry. 4s 1946, Nos. 23964, 965, 966
3,000.00
$110,070.00
WALTER A. BLASENAK, Town Clerk and Accountant, March 4, 1943
Norfolk, ss.
Then personally appeared the above named Walter A. Blase- nak and made oath that the foregoing statement is true.
CHARLES P. STONE, Justice of the Peace.
2,000.00
166
TRIAL BALANCE December 31, 1942
Cash
$394,480.73
Electric Light Discrepancy Account
876.77
Warrants Payable
$15,821.47
Real Property Taxes 1939
1,121.28
Poll Tax, 1940
2.00
Poll Tax, 1941
60.00
Personal Property, 1941
332.93
Real Property, 1941
1,103.59
Poll Tax, 1942
182.00
Personal Property, 1942
2,117.66
Real Property, 1942
84,043.68
Motor Vehicle Excise Tax, 1942
691.57
Apportioned Sewer Assessments, 1942
1,599.36
Apportioned Street Betterment Assessments, 1942
455.50
Committed Interest, 1942
747.47
Water Liens
136.50
Water Liens, added to 1941 Taxes
40.00
Water Liens, added to 1942 Taxes
821.18
Unapp'd Sewer Assessments
5,990.88
Tax Titles
21,190.52
Tax Title Possessions
36,712.00
Accounts Receivable
State Aid to Highways
1,771.53
Granolithic Sidewalks
105.05
Moth
577.38
Cemetery
5,011.35
Cemetery, Care of Lots
9,133.50
Electric Light
469.98
General Government
53.50
Health
5,255.44
Highways
470.12
Licenses
426.25
Police
3,563.53
Sanitation
548.26
Parks
16.50
Schools
287.79
Welfare
3,062.70
Old Age Assistance
740.02
Electric Service Rates
10,285.08
Water
2,074.70
Water Rates
12,551.37
Real Estate
735.00
Revenue Appropriations
Payroll Deductions for Bond Purchases
36,401.34 886.03
167
TRIAL BALANCE (Continued)
Federal Grant Aid to Dependent Children
Administration
119.26
Federal Grant Old Age Assistance Aid
721.40
Highway Grant Chapter 464, Acts of 1935
155.85
Loans in Anticipation of Revenue
100,000.00
Electric Service Consumers' Guarantee Deposits
56.51
Electric Light Guarantee Deposits
1,297.00
Dog Licenses
9.25
Sewer Guarantee Deposits
123.68
Sporting Licenses
228.50
Water Guarantee Deposits
154.81
Interest on Electric Consumers' Deposits
250.14
Fire Damage Loss
74.00
Tailings
2,069.48
Electric Deposits Refunded in error
167.00
Land Damage Checks unclaimed
552.00
George Deen Educational Fund
1,833.75
Cemetery Perpetual Care Bequests
1,075.00
Cemetery Perpetual Care Fund, Income
1,153.70
Anna M. Day, Income
449.48
Chickering Fund Income
16.00
Warren H. Cudworth Fund Income
10.00
Alice H. Plimpton Library Fund Income
1,860.90
High School English Prize Fund Income
7.20
State Tax and Assessments
227.17
Non Revenue Appropriations
4,223.81
P. W. A. Sewer 1514F
2,545.35
Cemetery Available Receipts
24,106.75
Overlay-Reserve
1,901.78
Overlay-1940
2.00
Overlay-1941
665.60
Overlay-1942
799.35
Departmental Revenue
29,986.39
Electric Light Revenue
11,536.83
Motor Vehicle Excise Revenue
691.57
Special Assessment Revenue
8,793.21
Tax Title Revenue
21,190.52
Tax Title Possessions Revenue
36,712.00
Water Revenue
15,623.75
Aid to Highways Revenue
1,771.53
Excess and Deficiency
284,361.65
Apportioned Sewer Assessments not due 16,664.27
Apportioned Sewer Assessments due in 1943
4,219.32
Apportioned Sewer Assessments due in 1944
4,166.96
Apportioned Sewer Assessments due in 1945
4,157.20
168
TRIAL BALANCE (Continued)
Apportioned Sewer Assessments due in 1946 App'd Street Betterment Assessments
4,120.79
not due 1,928.67
App'd Street Betterment due in 1943
877.09
App'd Street Betterment due in 1944
162.88
App'd Street Betterment due in 1945
162.88
App'd Street Betterment due in 1946
162.87
App'd Street Betterment due in 1947
112.59
App'd Street Betterment due in 1948
112.59
App'd Street Betterment due in 1949
112.59
App'd Street Betterment due in 1950
112.59
App'd Street Betterment due in 1951
112.59
Net Bonded Debt-Inside
269,577.00
Net Bonded Debt-Outside
409,000.00
School Loans-Inside
60,000.00
Highway Loans-Inside
61,577.00
Sewer Loans-Inside
135,000.00
Municipal Office Building Loan-Inside
13,000.00
Electric Light Construction Loans-Outside
48,000.00
School Loans-Outside
142,000.00
Sewer Loans-Outside
62,000.00
Water Loans-Outside
66,000.00
Municipal Relief Loans-Outside
44,000.00
State Tax Funding Loans-Outside
12,000.00
Emergency Storm Loans-Outside
35,000.00
Trust Funds-Cash
85,733.05
Cemetery Perpetual Care Fund
57,291.42
Anna M. Day Fund
5,000.00
High School English Prize Fund
500.00
Warren H. Cudworth Fund
500.00
Alice H. Plimpton Library Fund
12,041.63
Municipal Light Deposit Fund
9,400.00
E. Florence Morse Library Fund
500.00
William T. Whedon Library Fund
500.00
$1,393,141.83 $1,393,141.83
MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Account
Total Cost
Book Value Jan. 1, 1942
Additions Deprecia- Book Value
During Year
tion
Dec. 31, 1942
$9,636.68
Land
$9,636.68
$9,636.68
79,761.98
Structures
57,366.53
$791.49
$2,369.11
55,788.91
205,350.91
Transformer Station Equipment
74,599.41
43,118.82
5,074.54
112,643.69
206,557.84
Poles, Fixtures and Conductors
78,873.50
8,897.65
6,118.76
81,652.39
45,436.32
Underground Conduits
33,628.74
648.22
1,343.64
32,933.32
53,622.11
Underground Conductors
43,199.12
2,509.98
1,553.78
44,155.32
67,294.03
Consumers' Meters
28,658.05
1,692.97
1,968.03
28,382.99
16,825.76
Consumers' Meters Installation
13,245.87
1,352.10
464.21
14,133.76
55,865.75
Line Transformers
24,104.35
1,508.33
1,630.72
23,981.96
13,983.84
Transformer Installation
11,601.99
511.49
416.41
11,697.07
34,110.63
Street Lighting Equipment
15,899.33
398.17
1,011.37
15,286.13
$788,445.85
$390,813.57
$61,429.22
$21,950.57
$430,292.22
169
MUNICIPAL ELECTRIC LIGHT DEPARTMENT COMPARATIVE BALANCE SHEET STATEMENT Assets
Jan. 1, 1942
Investments
Dec. 31, 1942
Decrease
$390,813.57 Plant Investment
9,943.64
General Equipment
Current Assets
37,788.98
Cash Operating Fund
369.41
$37,419.57
8,912.00
Special Deposits
10,697.00
1,785.00
24,370.57
Accounts Receivable
10,275.17
14,095.40
4,571.01
Materials and Supplies
3,285.54
1,285.47
609.00
Depreciation Fund
609.00
1,557.16
Prepaid Insurance
1,017.50
539.66
170
$478,565.93
$469,854.34
Liabilities
Interest Accrued
$90.00
$90.00
$60,000.00
Notes Payable
48,000.00
$12,000.00
15,306.86
Accounts Payable
15,937.93
631.07
8,912.00
Consumers' Deposits
10,697.00
1,785.00
156,808.00
Loans Repayment
168,808.00
12,000.00
32.724.15
Appropriation for Construction Rep.
32,724.15
204.407.12
Profit and Loss Balance
193,246.15
407.80
Other Current Liabilities
315.11
$478,565.93
$469,854.34
11,160.97 56.69
$430,292.22 13,917.50
Increase $39,478.65 3,973.86
Operating Revenue Statement
Metered Sales, Private Consumers Street Lighting Revenue Other Municipal Revenue
Dec. 31, 1942 $256,697.73
14,485.00
15,870.79
$570.38
INCOME STATMENT
Operating Revenues Operating Expenses
287,053.52 260,166.23
35,261.10
Net Operating Revenue
$26,887.29
$47,434.68
Merchandise and Jobbing Revenue
147.81
27.44
Interest Income
227.50
95.67
Miscellaneous Non-Operating Income
5.00
Gross Income
$27,262.60
$47,316.57
Interest on Bonds and Notes
729.86
$450.34
Income Balance Trans. to Profit and Loss
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