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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