Norwood annual report 1942-1944, Part 9

Author: Norwood (Mass.)
Publication date: 1942
Publisher: The Town
Number of Pages: 1122


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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