Norwood annual report 1948-1950, Part 62

Author: Norwood (Mass.)
Publication date: 1948
Publisher: The Town
Number of Pages: 1054


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1948-1950 > Part 62


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2,597.18


17.00


17.00


Old Age Assistance Administration,


U. S. Grants


17.00


17.00


18,000.00


18,000.00


Aid to Dependent Children


13,486.18


13,486.18


4,513.82


1,276.59


1,276.59


Aid to Dependent Children Admin.,


Personal Services, U. S. Grant


1,276.59


1,276.59


645.00


645.00


Aid to Dependent Children Admin.,


Personal Services


578.46


45.26


623.72


21.28


6,820.19


6,820.19


Aid to Dependent Children, U. S. Grants


6,820.19


6,820.19


750.00


750.00


Care in Hospital


260.00


490.000


750.00


25,545.28


25,545.28


Soldiers' Benefits


25,025.10


520.18


25,545.28


12,215.92


12,215.92


Schools, Administration, Personal Services


12,215.92


12.215.92


3,320.46


3,320.46


Schools, Administration Expense


1,228.68


291.35


1,520.03


1,800.43


277


REPORT OF TOWN ACCOUNTANT


500.00


500.00 Land Damage, Ellis Avenue


20.00


20.00


Land Damage, Fisher Street


200.00


200.00


Land Damage, Canton Street


REVENUE APPROPRIATIONS - Continued


Warrants


Transfers


Taxation and Available Receipts


Total


Account


Payments


Payable


Total


Balance


406.942.62


406,942.62


Schools, Instruction Salaries


406.593.62


349.00


406.942.62


9,388.59


9,388.59


Schools, Operating Expense


8,720.30


587.00


9,307.30


81.29


46,767.41


46,767.41


Schools, Janitors' Salaries


46,767.41


46,767.41


14,432.61


14,432.61


Schools, Fuel


13,313.62


1.118.99


14,432.61


34,141.91


34,141.91


Schools, Maintenance of Building


33,419.60


555.83


33,975.43


166.48


1,973.30


1,973.30


Schools, New Equipment


1,5515.55


251.00


1.766.55


206.75


7,135.00


7,135.00


Schools, Auxiliary Agencies


Personal Services


7.135.00


7.135.00


14,637.62


14,637.62


Schools, Auxiliary Agencies


13.265.41


249.86


13,515.27


1.122.35


10.725.72


10,725.72


Schools, Instruction Supplies


10,170.21


391.72


10,561.93


163.79


7,039.00


7,039.00


Schools, Textbooks


6,416.51


176.13


6.592.64


446.36


990.00


990.00


Schools, Lunch Counter Program


Special, Personal Services


990.00


990.00


4.868.67


4,868.67


Schools. Lunch Counter Program, Special


3,888.93


979.74


4.868.67


4.950.00


4,950.00


Schools, Lunch Counter Personal Services


3,960.00


3.960.00


990.00


11,530.00


11,530.00


Schools, Lunch Counter


8.955.27


8.955.27


2.574.73


100.00


100.00


Purchase of Eyeglasses for Needy School


100.00


8,000.00


8,000.00


Oil Burning Equipment, Winslow and Callahan Schools


4,297.22


38.25


4.335.47


3,664.53


500.00


500.00


Repairs and Improvement Town Owned Real Estate


168.88


168.88


331.12


1,250.00


1,250.00


Expense of Officials Out of State


1,235.15


1,235.15


14.85


7,200.00


7,200.00


Purchase of Land for School Purposes


7.200.00


3,000.00


3,000.00


Industrial Education


2,233.98


600.06


2,834.04


165.96


3,000.00


3,000.00 Playgrounds Maintenance, Personal Services


2,934.03


65.97


3,000.00


278


TOWN OF NORWOOD


Children


11,025.00


11,025.00 Playgrounds Maintenance


9,156.63


405.82


9,562.45


1,462.55 700.00


700.00


700.00 Purchase of Land for Playground Purposes


6,603.65


6,603.65 Playgrounds, Improvement


4,513.86


4,513.86


2,089.79


8,350.00


8,350.00


Parks Maintenance


7,133.91


239.27


7,373.18


976.82


17,010.00


17,010.00


Recreation


16,059.58


451.43


16,511.01


498.99


90.00


90.00


Frederick A. Cleveland Park


90.00


27,300.00


27,300.00


Morrill Memorial Library,


Personal Services


26,120.35


172.67


26.293.02


1,006.98


14,456.30


14,456.30


Morrill Memorial Library


11,692.61


1,987.60


13,680.21


776.09


23,000.00


23,000.00


Maturing Debt


23,000.00


23,000.00


1,763.75


1,763.75


Interest


1,763.75


1,763.75


1,520.00


1,520.00


Annuity Mary A. Lydon and Dependents


1,520.00


1,520.00


7,739.01


7,739.01


Insurance


7,105.28


7,105.28


633.73


16,176.36


16,176.36


Street Lighting


16,176.36


16,176.36


293,096.66


293,096.66


Purchase, Electric Energy


239,158.99


53,937.67


293,096.66


80,170.12


80,170.12


Electric Light Depreciation


69.966.87


2,777.58


72,744.45


7,425.67


26,000.00


26,000.00


Electric Light Construction


18,404.24


4,392.21


22,796.45


3,203.55


28,440.05


28,440.05


Electric Light Miscellaneous


and Utilization


27.546.57


803.48


28,350.05


900.00


52.209.49


52,209.49


Electric Light Operation


51,426.55


762.94


52,189.49


20.00


13,000.00


13,000.00


Electric Light, in Lieu of Taxes


13,000.00


13,000.00


58,580.00


58,580.00


Water Operation


50,732.13


1,334.52


52,066.65


6,513.35


25,600.50


25,600.50


Water Maintenance


20,647.30


2,065.73


22,713.03


2,887.47


194,627.74


194,627.74


Water Construction


110,363.84


11,141.43


121,505.27


73,122.47


28,685.00


28,685.00


Cemetery Maintenance


26,089.08


500.28


26,589.36


2,095.64


6,273.00


6,273.00


Cemetery Improvement


4,103.42


196.99


4,300.41


1,972.59


25,534.78


25,534.78


Utilities, Norwood Housing Authority Project


15,766.70


15,766.70


9,768.08


536.00


536.00


Veterans' Rehabilitation


508.09


17.18


525.27


10.73


1,500.00


1,500.00 Housing Veterans World War II


260.87


260.87


1,239.13


REPORT OF TOWN ACCOUNTANT


279


REVENUE APPROPRIATIONS -- Continued


Warrants


l'ayments


Payable


Total


Balance


500.00


500.00


Lease of Quarters, American Legion Post 70


540.00


540.00


Lease of Quarters, Marine Corps League


540.00


540.00


420.00


420.00


Lease of Quarters, Disabled American


420.00


420.00


500.00


500.00


Lease of Quarters, Veterans of Foreign Wars


500.00


500.00


100.00


100.00


New Industries Committee


43.31


43.31


56.69


26,655.00


26,655.00


Contributory Retirement Fund


26,655.00


26,655.00


110.00


110.00


Revision of Town Charter


1.000.00


1,000.00


Expense, Codification of Town By-Laws


800.00


800.00


200.00


600.00


600.00


Band Concerts


345.77


345.77


254.23


375.00


375.00


Carillon Concerts


237.29


88.00


325.29


49.71


1,090.25


1,090.25


Roadway and Parking Area, Norwood


Airport


1,090.25


252.40


252.40


Improvement Parking Area rear Norwood Theatre


249.77


249.77


2.63


3,600.43


3,600.43


Hawes Brook Swimming Pool


2.827.50


2,827.50


772.93


2,350.00


2,350.00


Printing Annual Town Report


2,335.81


2,335.81


14.19


6,832.00


6,832.00


Hydrant Rentals


6,832.00


6,832.00


200.00


200.00


Salary Inspector of Animals


200.00


200.00


250.00


250.00


Town Physician Salary


208.32


208.32


41.68


1,250.00


1,250.00


Observance Memorial Day


1,120.45


1,120.45


129.55


250.00


250.00


Civilian Defense Committee


92.21


15.95


108.16


141.84


944.20


944.20


Reserve Fund


944.20


2,181.06


2,181.06


Unpaid Bills Prior to December 31, 1949


2,167.00


2,167.00


14.06


$2,900.974.51


$2,900.974.51


$2,450,216.35 $128,668.92 $2.578,885.27 $322.089.24


280


Transfers


Taxation and Available Receipts


Total


Account


500.00


Veterans


110.00


TOWN OF NORWOOD


OTHER OPERATING ACCOUNTS


Warrants


Transfers


Total


Account


Payments


Payable


Total


Balance


$14,812.25


$14,812.25


Garage Maintenance and Operation


$13.700.05


$394.13


$14,094.18


$718.07


6,984.02


$69.76


7,053.78


Garage, Gas and Oil, Purchase of


7,053.78


7,053.78


3,097.42


3,097.42


Public Works, Stock Credits


3,097.42


Income High School English Prize Fund


14.35


14.35


George Barden Fund


2,258.28


2,258.28


Henry O. Peabody School Fund


21,254.34


872.48


22,126.82


Library Film Lending Service


52.96


52.96


William T. Whedon Fund


16.68


10.23


26.91


Chickering Fund


8.54


8.54


E. Florence Morse Fund


23.47


23.47


Cudworth Fund


30.60


8.46


39.06


Agency


179,353.78


10.502.13


189,855.47


Guarantee Deposit Funds


Specification Forms


445.00


445.00


Trust


1,490.66


110.00


1,600.66


Excess and Deficiency Account


700.74


700.74


Refunds


16,372.59


43.89


16,416.48


Cemetery Income From Perpetual Care Fund


21.00


21.00


Veterans' Housing Rentals


11,535.77


11,535.77


Veterans' Housing Guarantee Deposits


280.00


280.00


Anna M. Day Fund


5.98


5.98


Estimated Receipts


29.59


53


30.12


Purchase Savings Bonds


1,863.75


150.00


2,013.75


Investment


4,275.00


4,275.00


$24,893.69


$69.76


$24,963.45


$260,733.51


$12,144.81


$272,878.32


$3,815.49


281


REPORT OF TOWN ACCOUNTANT


Taxation and Available Receipts


TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1950 GENERAL ACCOUNTS


Assets


Liabilities and Reserves


Cash:


In Banks and Office


$712,090.03


Payroll Deductions: War Bond Purchases


$104.75


Proceeds of Dog Licenses-Due County


39.00


Accounts Receivable: Taxes


Proceeds of Sporting Licenses-Due State Tailings:


40.12


Levy of 1949


Sale of Real Estate Fund


850.14


Personal Property


$49.14


Warrants Payable


140,813.73


Levy of 1950


Guarantee Deposits:


Poll Tax


8.00


Electric Consumers


$4,344.00


Electric Service Connections


1,251.09


Sewer


10,071.19


Water


8,828.46


Contract Specifications


110.00


Real Estate


100.00


Levy of 1950


3,744.51


Special Assessments:


Sewers Added to 1950 Tax


79.87


Committed Interest 1950


4.38


84.25


Unapportioned Sewer Assessments ..


8,522.68


Tax Titles


61,720.36


Tax Title Possessions


27,622.03


7,894.33


TOWN OF NORWOOD


24,704.74


Insurance Recovery-Schools


750.00


Land Damage Checks Unclaimed


1,070.75


Cemetery Perpetual Care-Bequests


1,175.00


Cemetery-Sale of Lots and Graves


71,342.98


Veterans' Housing


Surety Deposits 370.00


Rentals 7,524.33


282


Personal Property


2,963.13


Real Estate


47,879.06


50,899.33


Motor Vehicle Excise Taxes:


291.75


Departmental:


Special School Lunch Account 2,060.76


Real Estate


217.00


Sidewalks


55.65


Moth


189.55


General Government


2,174.60


Highway


348.92


Cemetery Perpetual Care Fund 13,560.48


Police


2,704.36


Anna M. Day Cemetery Fund 1,346.00


Sanitation


716.43


Chickering Fund


8.51


Schools


4,449.13


Warren H. Cudworth Library Fund


8.67


Welfare


2,765.19


Old Age Assistance


739.48


State Aid


1,353.07


William T. Whedon Library Fund 10.80


High School English Prize Fund


7.20


Harriet W. Lane Fund


60.00


Post War Rehabilitation Fund


1,992.50


Henry O. Peabody Fund 22,951.66


Electric Light-Consumers' Deposits


137.50


36,983.02


Library-Film Lending Service 208.04


Water Department:


Federal Grants:


Rates


28,935.25


Miscellaneous


899.40


Old Age Assistance Admin. 869.82


Old Age Assistance


4,066.62


30,434.74


6,740.09


Cemetery:


Sale of Lots and Graves


3,152.80


Care of Lots


7,212.00


10,364.80


Reserve Fund-Overlay Surplus


8,698.71


283


REPORT OF TOWN ACCOUNTANT


Public Service Enterprise:


Municipal Electric Light Rates .. 36,160.51


Miscellaneous


822.51


42,249.42


Unexpended Balances:


Revenue


267,759.76


Public Works Stock Credit


3,098.38


Fire


968.90


15,882.28


Alice H. Plimpton Library Fund


2,159.78


E. Florence Morse Library Fund 6.32


Aid to Dependent Children 1,803.65


Water Liens Added to 1950 Taxes 600.09


Overestimates-1950 County Tax 3,016.12


Income-Trust and Investment Funds:


BALANCE SHEET - Continued


Assets


Liabilities


Underestimates:


Overlay Reserved for Abatement of Taxes:


State Assessments


7,332.87


Levy of 1949


641.24


Revenue 1951


7,200.00


Levy of 1950


375.06


Overpayment of Admissions Tax ....


1.24


Revenue Reserved until collected:


Departmental Revenue


26,247.08


Motor Vehicle Excise Revenue 3,744.51


Special Assessment Revenue


8,606.93


Tax Title Revenue


61,720.36


Tax Title Possessions Revenue


27,622.03


Electric Light Revenue


36,983.02


Water Revenue


30,434.74


Surplus Revenue


198,598.60


$972,882.14


$972,882.14


284


TOWN OF NORWOOD


DEFERRED REVENUE ACCOUNTS


Apportioned Sewer Assessments Not Due $43.38 Apportioned Street Betterment Assessments Not Due 186.07


Apportioned Sewer Assessments Revenue:


Due in 1951


Apportioned Street Assessments Revenue:


Due in 1951


$90.67


Due in 1952


23.85


Due in 1953


23.85


Due in 1954


23.85


Due in 1955


23.85


186.07


$229.45


$229.45


DEBT ACCOUNTS


Net Funded or Fixed Debt: Inside Debt Limit


$2,000.00


Outside Debt Limit


93,000.00


Loans Outside Debt Limit:


Schools


$78,000.00


Sewer


9,000.00


Water


6,000.00


93,000.00


$95,000.00


$95,000.00


285


REPORT OF TOWN ACCOUNTANT


$43.38


Loans Inside Debt Limit


$2,000.00


286


TRUST, INVESTMENT AND RETIREMENT ACCOUNTS


Trust, Investment and Retirement Funds:


Cemetery Perpetual Care Fund


$81,084.92


Anna M. Day Fund


5,000.00


High School English Prize Fund


500.00


In Custody of Town Treasurer


$467,771.19


Warren H. Cudworth Fund


500.00


In Custody of Trustees


805,283.41


Municipal Light Consumers' Deposit Fund


15,400.00


Alice H. Plimpton Fund


11,000.00


E. Florence Morse Fund


500.00


William T. Whedon Fund


500.00


Harriet W. Lane Fund


800.00


Post War Rehabilitation Fund


52,500.00


Henry O. Peabody Fund


805,283.41


Municipal Contributory Retirement Funds


299,986.27


$1,273,054.60


$1,273,054.60


TOWN OF NORWOOD


-


Cash and Securities


287


REPORT OF TOWN ACCOUNTANT


TRIAL BALANCE December 31, 1950


Debits


Credits


Cash


$712,090.03


Warrants Payable


.


$140,813.73


Poll Taxes 1950


8.00


Personal Property Tax 1949


49.14


Personal Property Tax 1950


2,963.13


Real Estate Tax 1950


47,879.06


Motor Vehicle Excise Revenue Tax 1950


3,744.51


Apportioned Sewer Assessments 1950


79.87


Committed Interest 1950


4.38


Unapportioned Sewer Assessments


8,522.68


Water Liens Added to 1950 Taxes


600.09


Tax Titles


61,720.36


Tax Title Possessions


27,622.03


Accounts Receivable


Real Estate


217.00


Sidewalks


55.65


Moth


189.55


Cemetery


3,152.80


Cemetery, Care of Lots


7,212.00


General Government


2,174.60


Highways


348.92


Police


2,704.36


Sanitation


716.43


Schools


4,449.13


Welfare


2,765.19


Old Age Assistance


739.48


Electric Light Rates


36,160.51


Electric Light


822.51


Water Rates


28,935.25


Water Department


899.40


State Aid, Soldiers' Benefits


1,353.07


Fire


168.90


Revenue Appropriations


267,759.76 3,098.38


Public Works Stock Credits


104.75


Admissions Tax Paid


1.24


Federal Grant-Aid to Dependent Children


1,803.65


Old Age Assistance Admin.


869.82


Old Age Assistance


4,066.62


Federal Housing-Rents


7,524.33


Deposits


370.00


Special School Lunch Program


2,060.76


Revenue 1951


7,200.00


Bond Deductions


288


TOWN OF NORWOOD


Debits


Credits


Guarantee Deposits-Consumers' Electric Light


1,251.09


Electric Light Connections


39.00


Dogs


10,071.19


Sewer


291.75


Sporting Licenses


8,828.46


Water


110.00


Specification Forms


Real Estate


Sale of Real Estate Fund


Insurance Recovery


Interest Consumers' Electric Light Deposits


Tailings


1,175.00


Cemetery Perpetual Care Bequests


13,560.48


Cemetery Perpetual Care Fund Income


1,070.75


Land Damage Unclaimed Checks


1,346.00


Anna M. Day Fund Income


8.51


Chickering Fund Income


8.67


Warren H. Cudworth Fund Income


2,159.78


Alice H. Plimpton Fund Income


6.32


E. Florence Morse Fund Income


10.80


William T. Whedon Fund Income


7.20


High School English Prize Fund Income


1,992.50


Post War Rehabilitation Fund Income


60.00


Harriet W. Lane Fund Income


22,951.66


Henry O. Peabody Fund Income


3,016.12


County Tax


7,332.87


State Assessments


208.04


Library Lending Service


71,342.98


Cemetery Available Funds


3,698.71


Reserve Fund Overlay Surplus


641.24


Overlay 1949


375.06


Overlay 1950


26,247.08


Departmental Revenue


3,744.51


Special Assessments Revenue


8,606.93


Tax Title Revenue


61,720.36


Tax Title Possessions Revenue


27,622.03


Electric Light Revenue


36,983.02


Water Revenue


30,434.74


Excess and Deficiency


198,598.60


Apportioned Sewer Assessments Not Duc


43.38


43.38


Apportioned Sewer Assessments Due in 1951


Apportioned Street Betterment Assessments Not Due


186.07


Apportioned Street Betterment Assessments Due in 1951


90.67


Apportioned Street Betterment Assessments Due in 1952


23.85


Apportioned Street Betterment Assessments Due in 1953


23.85


Apportioned Street Betterment Assessments Due in 1954


23.85


Apportioned Street Betterment Assessments Due in 1955


23.85


100.00


850.14


750.00


137.50


40.12


4,344.00


Motor Vehicle Excise Revenue


289


REPORT OF TOWN ACCOUNTANT


Debits


Credits


Net Bonded Debt-Inside


2,000.00


Net Bonded Debt-Outside


93,000.00


School Loans-Inside


2,000.00


School Loans-Outside


78,000.00


Sewer Loans-Outside


9,000.00


Water Loans-Outside


6,000.00


Trust Funds Cash and Securities


973,068.33


Cemetery Perpetual Care Trust Fund


81,084.92


Anna M. Day Cemetery Fund


5,000.00


High School English Fund


500.00


Warren H. Cudworth Fund


500.00


Alice H. Plimpton Fund


11,000.00


Municipal Light Consumers' Deposit Fund


15,400.00


E. Florence Morse Fund


500.00


William. T. Whedon Fund


500.00


Harriet W. Lane Fund


800.00


Post War Rehabilitation Fund


52,500.00


Henry O. Peabody Fund


805,283.41


$2,041,179.92


$2,041,179.92


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Account


Book Value Jan. 1, 1950


Additions During Year


Deprecia- tion


Book Value Dec. 31, 1950 $9,636.68


85,794.71


Structures


33,788.31


5,044.18


4,037.53


34,794.96


217,614.70


Transformer Station Equipment


60,415.23


1,154.01


10,823.03


50,746.21


293,781.73


Poles, Fixtures and Conductors


67,635.05


29,941.08


14,266.70


83,309.43


60,591.78


Underground Conduits


27,282.81


7,334.88


2,662.85


31,954.84


73,654.05


Underground Conductors


41,140.87


7,105.03


3,750.70


44,495.20


69,917.60


Consumers Meters


9,860.87


3,495.88


6,364.99


55,916.03


Consumers Meters Installation


32,417.35


13,137.24


2,138.94


43,415.65


68,328.25


Line Transformers


14,710.06


6,036.62


3,114.58


17,632.10


31,769.95


Transformer Installation


24,489.38


1,643.46


1,572.13


24,560.71


78,593.88


Street Light Equipment


39,013.19


11,286.68


3,365.36


46,934.51


$1,045,599.36


$360,389.80


$82,683.18


$49,227.70


$393,845.28


TOWN OF NORWOOD


290


Total Cost


$9,636.68


Land


$9,636.68


COMPARATIVE BALANCE SHEET STATEMENT


Assets


Jan. 1, 1950


Investments


Dec. 31, 1950


Increase


Decrease


$360,389.80


Plant Investments


$393,845.28


$33,455.48


20,827.73 General Equipment


25,997.98


5,170.25


Current Assets


$17,909.01


Special Deposits


$20,995.09


$3,086.08


36,047.24


Accounts Receivable


36,983.04


935.80


6,463.60


Materials and Supplies


9,432.23


2,968.63


230.16


Prepaid Insurance


230.16


31,109.93


Depreciation Fund


7,391.86


23,718.07


$472,977.47


$494,875.64


$21,898.17


Liabilities


$17,909.01


Consumer's Deposits


$20,995.09


$3,086.08


216,808.00


Loans Repayments


216,808.00


32,724.15


Appropriated for Construction Repayment


32,724.15


205,536.31


Profit and Loss Balances


224,348.40


18,812.09


$472,977.47


$494,875.64


$21,898.17


OPERATING REVENUE STATEMENT


Dec. 31, 1950


Increase


Decrease


Metered Sales to Private Consumers Street Lighting Revenue Other Municipal Revenue


$484,169.68


$76,069.36


16,176.36


576.36


30,944.85


5,396.60


REPORT OF TOWN ACCOUNTANT


291


INCOME STATEMENT


Operating Revenue


$531,290.89


$82,042.32


Operating Expenses


448,494.43


36,283.06


ยท Net Operating Revenue


$82,796.46


$45,759.26


Merchandise and Jobbing Revenue


35.70


490.44


Interest Income


300.00


25.00


Gross Income


$83,060.76


$46,274.70


Interest on Bonds and Notes


461.34


45.98


Income Balance Transferred to Profit and Loss


$82,599.42


$46,228.72


PROFIT AND LOSS STATEMENT


Credits


Credit Balance at Beginning of Year


$205,536.31


Credit Balance Transferred from Income Account


82,599.42


$288,135.73


Debits


Deduction from Surplus Balance Profit and Loss December 31, 1950


$63,787.33


224,348.40


$288,135.73


292


TOWN OF NORWOOD


OPERATING EXPENSE


Increase


Decrease


Electric Energy Purchased


$293,096.66


$35,758.59


Operation:


Transformer Station Labor


15,860.46


567.98


Transmission and Distribution Lines


11,912.91


1,694.92


Inspecting and Testing Meters


867.67


52.56


Removing and Resetting Meters


1,364.12


203.95


Removing and Resetting Transformers


530.94


125.96


Maintenance:


Transformer Station Structures


1,756.69


893.87


Transformer Station Equipment


2,647.65


1,177.66


Transmission and Distribution Lines


17,969.23


904.64


Underground Conduits


27.08


80.63


Underground Conductors


351.90


265.81


Consumers Meters


625.00


316.61


Transformers


605.24


753.27


UTILIZATION


Maintenance of Municipal Street Lamps


$3,475.58


$1,010.00


Maintenance of Consumers Installation


2,240.12


383.25


REPORT OF TOWN ACCOUNTANT


293


294


COMMERCIAL


Salaries (Services by Other Departments) Advertising


$23,369.17 862.70


$1,219.17


$982.93


MISCELLANEOUS


Salary of Superintendent


$5,500.00


$674.41


Other General Department Salaries


2,881.02


245.50


Office Supplies and Expenses


429.24


$813.38


General Office Rents


1,800.00


Pensions


2,967.22


214.08


Insurance


2,023.13


437.72


Transportation


2,258.46


475.92


Inventory Adjustments


96.67


447.31


Maintenance of General Structures


2,081.38


302.26


Depreciation


49,026.38


5,079.87


Miscellaneous General Expenses


602.53


15.65


Total Operating Expenses


$448,494.43


$36,283.06


TOWN OF NORWOOD


295


REPORT OF TOWN ACCOUNTANT


CEMETERY PERPETUAL CARE BEQUESTS 1950


Total of bequests to January 1, 1950


$83.916.42


Received during year 1950:


Lot No. Donor


2062 Joseph and Cecelia Tareila


125.00


2581 Roger Eysie


125.00


2585 Dorothy Zurba 150.00


1118 Thomas J. Foley 150.00


2413 Christina B. Tinkham


125.00


1090


Francis Sheehan


150.00


201A


Roland S. Warde


125.00


390


Edwin C. Archibald, Adm., Estate of Louis Scherer 200.00


374


Edwin C. Archibald, Adm., Estate of Louis Scherer 150.00


150.00


1723


Joseph E. and Vitold S. Puzas


150.00


1119


Julia V. Hayden


150.00


101


Agnes H. Robertson


200.00


1229


Lillie Scherer


150.00


1286


Vincent P. King


150.00


1402A


Joseph J. Akunewich


125.00


2425


Arthur Keeler


125.00


2024


Loomis Patrick, Exec. u/w Annie E. Davis


150.00


90


Loomis Patrick, Exec. u/w Annie E. Davis


200.00


2301 Anna A. Shields


125.00


56 Marion S. Woods, Exec. u/w Mary F. Sumner Estate


150.00


1553


Rev. Daniel J. O'Connell


150.00


Single Graves


373 Niam Boulis


$25.00


374 Mrs. Samuel Boulis


25.00


$87,241.42


CONTRIBUTORY RETIREMENT-1950 Membership


Active Membership Dec. 31, 1949:


Group A-Male 106, Female 38 Group B-Male 34


Total 178


Enrolled During 1950: Group A-Male 7, Female 3


Group B-Male 6


Total


16


Withdrawals, Deaths, Retirements and Transfers: Group A-Male 9, Female 1 Group B -. Male 1 Total 11


Active Membership Dec. 31, 1950: Group A-Male 104, Female 40 Group B-Male 39 Total 183


2003


Augusta Vietze


296


TOWN OF NORWOOD


CONTRIBUTORY RETIREMENT-1950 Pensions


Inactive Membership Dec. 31, 1949:


Group A-Male 21, Female 5


Group B-Male 4


Total


30


Retirements during 1950: Group A-Male 6


Total 6


Deaths of Retired Members in 1950:


Group A-Male 3


Withdrawals and Transfers 4


Total 7


Inactive Membership on Dec. 31, 1950


Total 29


Total Active and Inactive Membership on Dec. 31, 1950: Group A-Male 126, Female 44


Group B-Male 42


Total 212


Income


From Members:


Group A


$24,343.15


Group B


5,023.81


$29,366.96


From Town:


Appropriation as Contributor,


Pension Fund


$24,855.00


Administration Expense


1,800.00


$26,655.00


From Interest:


On Bonds and Stocks


$7,665.05


On Deposits in Banks


323.51


$7,988.56


$64,010.52


Disbursements


Annuity Payments:


Group A


$1,947.39


Group B


1.80


$1,949.19


Pension Payments:


Group A


$21,825.57


Group B


1,126.92


$22,952.49


Refunds:


Group A


$4,294.75


Group B


78.88


$4,373.63


Investments


$34,497.85


Accrued Interest


67.08


$34,564.93


Administrative Expense:


Personal Services


$1,109.29


Printing and Stationery


14.78


Travel and Members Association Expense


118.05


Postage and Incidentals


20.00


$1,262.12


$65,102.36


297


REPORT OF TOWN ACCOUNTANT


CONTRIBUTORY RETIREMENT-1950


Assets


Bonds and Stocks at Book Value


$273,705.83


Cooperative Bank Shares at Book Value


6,000.00


Deposits in Banks Not at Interest


6,735.44


Deposits in Banks at Interest


13,145.00


Interest Due and Accrued December 31, 1950


1,751.67


$301,737.94


Liabilities


Annuity Savings Fund


$179,777.04


Annuity Reserve Fund


20,394.16


Special Fund for Military Service Credit


3,343.72


Pension Fund


96,582.27


Expense Fund


1,128.81


Inactive Members Annuity Savings Fund


511.94


$301,737.94


The Honorable Board of Selectmen,


Gentlemen:


The foregoing is submitted as the report of the Town Clerk and Accountant for the year ending December 31, 1950, 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, information relative to maturities and debt, the balance sheet show- ing the assets liabilities at the close of the fiscal year.


1 certify that I have examined the securities and savings deposits of the Trust Funds in the hands of the Town Treasurer and find them to be correct as shown in the following schedule:


TRUST FUND SECURITIES - DECEMBER 31, 1950


Interest


Dates


High School English Prize Fund


2% Treasury Bonds 1955-60 199157H, 58J, 59K,


60L, 61A


M & S 15


$500.00


E. Florence Morse Library Fund


U. S. Bond Series G D440 133, October 1954 A & O 1 $500.00


Anna M. Day Fund


U. S. Bond Series G V252 070, April 1955


A & O 1


$5,000.00


298


TOWN OF NORWOOD


Interest Dates


William T. Whedon Fund


U. S. Bond Series G D349 400, August 1954 F & A 1 $500.00


Harriet W. Lane Fund


U. S. Bonds Series G D774 212, May 1955


M & N 1 $500.00


Cl 472 468, 469, 470, May 1955 M & N 1 300.00


$800.00


Electric Service Deposits


U. S. Bonds Series G


M699 32, 33, 34, 35, May 1953


M & N 1


$4,000.00


M160 068, M802 844, July 1954 J & J 1


2.000.00


M2 810 077, 078, May 1956 M & N 1 2,000.00


M3 501 483, May 1957 M & N 1


1,000.00


M6 202 563, 6 201 958, March 1960 M & S 1


2.000.00


M7 345 567, 568, December 1961


J & D 1


2,000.00


M7 780 318, 319, October 1962


A & O 1


2,000.00


Norfolk County Trust Co. checking account


400.00


$15,400.00


Alice H. Plimpton Fund


U. S. Bonds Series G


M178 138, 39, 40, 41, 42, August 1953 F & A 1


$5,000.00


M2 769 479, April 1956 A & O 1


1.000.00


M2 806 226, 27, 28, 29, 31, April 1956


A & O 1 5,000.00


$11,000.00


Post War Rehabilitation Fund


U. S. Bonds Series G


X278 729, 30, 31, 32, 33, April 1955


A & O 1


$50,000.00


M2 807 709, May 1956


M & N 1


1,000.00


C2 736 532, C2 736 816, May 1956 M & N 1


200.00


DI 527 366, October 1956 A & O 1


500.00


C3 100 255, October 1956


A & O 1


100.00


D1 822 645, May 1957


M & N 1


500.00


C3 487, 836, 837, May 1957


M & N 1


200.00


$52,500.00


Warren H. Cudworth Fund


Dedham Institution for Savings 62375 M & N 10 $500.00


REPORT OF TOWN ACCOUNTANT


299


Interest Dates


Cemetery Perpetual Care Fund


2% Treasury Bonds 1955-60


179 298J, 277 430L,


M & S 15


$2.000.00




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