Norwood annual report 1954-1956, Part 46

Author: Norwood (Mass.)
Publication date: 1954
Publisher: The Town
Number of Pages: 1174


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1954-1956 > Part 46


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2,431.40


2,517.00


2,517.00 Rubbish Removal


2,476.68


2,476.68


40.32


11,500.00


11,500.00


Rubbish Removal, Payroll Wages


11,476.78


11,476.78


23.22


1,000.00


1,000.00


Rubbish Removal, Repairs Truck


703.94


40.50


744.44


255.56


20,470.00


20,470.00


Public Dumps


20,300.79


72.94


20,373.73


96.27


25,000.00


25,000.00


Permanent Sidewalks


10,403.00


1,521.00


11,924.00


13,076.00


63,603.50


63,603.50


Highway Maintenance and Repairs


49,108.70


980.50


50,089.20


13,514.30


34,000.00


34,000.00


Highway Maintenance, Payroll Wages


32,988.48


651.80


33,640.28


359.72


12,010.88


12,010.88


Highway Construction


2,364.83


41.00


2,405.83


9,605.05


1,914,24


1,914.24


Highway Construction, Chapter 90, 1951


1,914.24


2,540.97


2,540.97


Highway Construction, Chapter 90, 1952


2,540.97


21,943.84


21,943.84


Highway Construction, Chapter 90, 1953


21,943.84


41,000.00


41,000.00


Highway Construction, Chapter 90, 1954


41,000.00


25,000.00


25,000.00


Highway Construction, Chapter 90, 1955


25,000.00


6,000.00


6,000.00


Highway Construction, Chapter 90,


Maintenance


5,999.05


5,999.05


95


20,450.00


20,450.00


Public Works, Personal Services


20,058.93


391.07


20,450.00


3,791.85


3,791.85


Public Works, Payroll Wages


2,312.23


168.36


2,480.59


1,311.26


7,692.67


7,692.67 Public Works Incidentals


6,883.64


809.03


7,692.67


8,513.94


8,513.94 Public Works, New Equipment


7,304.45


7,304.45


1,209.49


9,500.00


9,500.00


Sick Leave, Public Works Department


8,985.26


245.48


9,230.74


269.26


5,274.75


5,274.75


Construction, Public Works Building


5,274.75


3,200.00


3,200.00


Dutch Elm Disease Control


2,707.76


2,707.76


492.24


3,000.00


3,000.00


Moth Suppression


1,526.02


542.36


2,068.38


931.62


10,228.17


10,228.17


Care of Trees


8,821.55


367.21


9,188.76


1,039.41


500.00


500.00


Ellis Avenue Land Damage


500.00


600.00


600.00


Adams Street Land Damage


600.00


200.00


200.00


Canton Street Land Damage


200.00


20.00


ยท 20.00


Fisher Street Land Damage


20.00


REPORT OF TOWN ACCOUNTANT


287


288


REVENUE APPROPRIATIONS-Continued


Taxation and Available


Warrants


Transfers


Funds


Total


Account


Payments


Payable


Total


Balance


18,100.00


18,100.00


Pensions and Vacations


17,530.88


175.14 3,276.46


19,511.83


1,336.47


11,327.00


11,327.00


Public Welfare Administration,


Personal Services


11,156.78


170.22


11,327.00


1,010.00


1,010.00


Public Welfare Administration, Expense


908.31


16.45


924.76


85.24


350.00


350.00


Public Welfare New Equipment


350.00


350.00


27,837.85


27,837.85


Public Welfare


26,770.04


790.96


27,561.00


276.85


12,000.00


12,000.00


Aid to Dependent Children


10,934.01


10,934.01


1,065.99


1,638.66


1,638.66


Aid to Dependent Children


Administration, P.S., U.S. Grant


1,638.66


1,638.66


8,600.33


8,600.33


Aid to Dependent Children, U.S. Grant


8,600.33


8,600.33


1,120.87


1,120.87


Disability Assistance Administration,


U.S. Grant


958.90


161.97


1,120.87


10,871.45


10,871.45


Disability Assistance, U.S. Grant


10,871.45


10,871.45


17,038.75


17,038.75


Disability Assistance


16,120.19


16,120.19


918.56


85,612.40


85,612.40


Old Age Assistance


79,788.85


79,788.85


5,823.55


2,408.83


2,408.83


Old Age Assistance Administration,


P.S., U.S. Grants


2,408.83


2,408.83


1,391.04


1,391.04


Old Age Assistance Administration, U.S. Grants


1,391.04


1,391.04


58,326.31


58,326.31


Old Age Assistance, U.S. Grants


58,326.31


58,326.31


400.00


400.00


Old Age Assistance Administration


324.68


21.51


346.19


53.81


200.00


200.00


Soldiers Benefits, New Equipment


147.71


147.71


52.29


39,396.50


39,396.50


Soldiers Benefits


35,947.30


558.95


36,506.25


2,890.25


4,800.00


4,800.00


Soldiers Benefits, Personal Services


4,706.95


93.05


4,800.00


500.00


500.00


Care in Hospitals


62.50


62.50


437.50


TOWN OF NORWOOD


20,848.30


20,848.30


Snow and Ice Removal


16,235.37


17,706.02


393.98


674,399.17


674,399.17 Schools, Instruction Salaries


669,602.73


316.50


669,919.23


4,479.94 .16


16,250.00


16.250.00


Schools Administration, Personal Services


16,249.84


16,249.84


2,430.00


2,430.00


Schools Administration Expense


1,752.79


338.80


2,091.59


338.41


16,039.26


16,039.26


Schools, Fuel


16,039.26


16,039.26


101,542.35


101,542.35


Schools, Maintenance of Buildings


80,480.70


4,573.49


85,054.19


16,488.16


15,065.00


15,065.00


Schools, Auxiliary Agencies,


Personal Services


14,567.00


14,567.00


498.00


30,377.00


30,377.00


Schools, Auxiliary Agencies


29,148.76


248.70


29,397.46


979.54


67,995.00


67,995.00


Schools, Janitor's Salaries


62,784.44


460.80


63,245.24


4,749.76


8,334.95


8,334.95


Schools, Operating Expenses


7,944.70


378.81


8,323.51


11.44


12,518.84


12,518.84


Schools, Instruction Supplies


11,770.27


534.48


12,304.75


214.09


10,504.72


10,504.72


Schools, Textbooks


10,009.53


454.25


10,463.78


40.94


37,173.96


37,173.96


Schools, Operation Lunch Counter, Special


32,617.76


4,556.20


37,173.96


10,300.00


10,300.00


Schools, Operation Lunch Counter


7,492.81


2,536.64


10,029.45


270.55


1,025.00


1,025.00


Schools, New Equipment


305.31


4.22


309.53


715.47


10,389.27


10,389.27


Schools, Industrial Education


6,078.27


1,907.43


7,985.70


2,403.57


9,997.36


9,997.36


Schools, Athletic Association,


Revolving Account


8,598.47


1,398.89


9,997.36


50.00


50.00


Purchase Eyeglasses for Needy


37.00


37.00


13.00


767.60


767.60


Out of State Travel


767.60


767.60


19,500.00


19,500.00


Recreation, Personal Services


18,882.59


2:19.45


19,102.04


397.96


6,500.00


6,500.00


Recreation


6,312.10


126.57


6,438.67


61.33


7,500.00


7,500.00


Parks Maintenance, Payroll Wages


5,961.39


357.36


6,318.75


1,181.25


3,752.75


3,752.75


Parks Maintenance


2,268.69


478.50


2,747.19


1,005.56


7,403.64


7,403.64


Playground Maintenance


6,746.18


315.30


7,061.48


342.16


9,500.00


9,500.00


Playground Improvement, Fr. McAleer Playground


9,500.00


14,600.00 5,463.58


14,600.00


Playground Maintenance, Personal Services


13,647.90


239.88


13,887.78


712.22


5,463.58 Playground Improvement


1,773.63


1,773.63


3,689.95


289


REPORT OF TOWN ACCOUNTANT


School Children


REVENUE APPROPRIATIONS-Continued


Taxation and Available


Warrants


Transfers


Funds


Total


Account


Payments


Payable


Total


Balance


90.00


90.00


Frederick A. Cleveland Park:


90.00


35,755.00


35,755.00


Morrill Memorial Library, Personal Services


34,633.97


301.07


34,935.04


819.96


16,938.58


16,938.58


Morrill Memorial Library


13,031.32


1,948.56


14,979.88


1,958.70


30,140.00


30,140.00


Cemetery Maintenance, Payroll Wages


27,243.97


286.14


27,530.11


2,609.89


4,350.35


4,350.35


Cemetery Maintenance


3,763.14


334.21


4,097.35


253.00


6,295.00


6,295.00


Cemetery Improvement, Payroll Wages


5,699.92


404.35


6,104.27


190.73


1,716.65


1,716.65


Cemetery Improvement


1,196.86


240.00


1,436.86


279.79


4,900.00


4,900.00


Acquisition of Land for Cemetery Purposes


4,900.00


48.585.42


48,585.42


Water Department Construction


29,654.05


4,370.93


34,024.98


14,560.44


33,153.51


33,153.51


Water Department, Maintenance


31,324.05


452.96


31,777.01


1,376.50


20,950.00


20,950.00


Water Department, Maintenance


Payroll Wages


20,731.44


139.19


20,870.63


79.37


34,490.79


34,490.79


Water Department, Operation


30,443.71


737.32


31,181.03


3,309.76


21,081.76


21,081.76


Water Department Operation,


Payroll Wages


20,201.77


488.17


20,689.94


391.82


17,227.72


17,227.72


Water Department, Service Connections


15,615.17


1,180.11


16,795.28


432.44


3,000.00


3,000.00


Water Department, New Equipment


3,000.00


1,450.00


1,450.00


Water Department, Protection of Water Supply


1,435.25


1,435.25


14.75


238,221.39


238,221.39


Light Department Construction


101,428.30


6,615.61


108,043.91


130,177.48


43,185.63


43,185.63


Light Department, Utilization and Miscellaneous Expense


40,380.67


1,518.42


41,899.09


1,286.54


75,506.58


75,506.58


Light Department, Depreciation


75,315.41


75,315.41


191.17


75,802.08


75,802.08 Light Department, Operation


74,355.66


1,035.42


75,391.08


411.00


290


TOWN OF NORWOOD


and Repairs


487,441.53


487,441.53


Light Department, Purchase of Electric Energy


436,905.28


50,536.25


487,441.53


25,000.00


25,000.00


Light Department, In Lieu of Taxes


25,000.00


25,000.00


20,468.00


20,468.00


Street Lighting


20,468.00


20,468.00


8,774.00


8,774.00


Interest


7,803.92


7,803.92


970.08


62,000.00


62,000.00


Maturing Debt


62,000.00


62,000.00


1,912.00


1,912.00


Annuity to Dependents of John F. Lydon


1,912.00


1,912.00


1,600.00


1,600.00


Annuity to Dependent of Louis Parker


1,600.00


1,600.00


9,826.29


9,826.29


Insurance


9,485.89


63.39


9,549.28


277.01


26,895.46


26,895.46


Workmens' Compensation Insurance


25,914.67


34.00


25,948.67


946.79


540.00


540.00


Rental Quarters Marine Corp League


540.00


540.00


680.00


680.00


Lease of Quarters for D.A.V., Chapter 90


679.93


679.93


07


500.00


500.00


Lease of Quarters for V.F.W., Post 2452


500.00


500.00


200.00


200.00


Veterans' Rehabilitation


198.92


198.92


1.08


50.00


50.00


Providing Shelter for W.W. II Veterans


50.00


2,900.00


2,900.00


Civil Defense, New Equipment


1,314.50


1,314.50


1,585.50


3,751.19


3,751.19


Civil Defense


2,781.83


474.30


3,256.13


495.06


2,387.57


2,387.57


Rear Norwood Theatre Parking Area


80.00


80.00


2,307.57


8,414.00


8,414.00


Hydrant Rental


8,414.00


8.414.00


560.00


560.00


Nichols Street Curbing


560.00


3,767.39


3,767.39


Addition to Callahan School


3,500.38


3,500.38


267.01


206.10


206.10


Committee on Addition to Callahan School


206.10


206.10


5,620.80


5,620.80


Land Damage Dean Street


5,620.80


5,620.80


2,500.00


2,500.00


Flags for Washington Street


2,500.00


200.00


200.00


Salary, Animal Inspector


200.00


200.00


41,410.45


41,410.45


Contributory Retirement Fund


41,410.45


41,410.45


500.00


500.00


Improvement of Circle, Rte. 1, Dedham


500.00


100.00


100.00


Testimonal to George F. Willett


100.00


36,000.00


36,000.00


Puchase of Land, Parking, Nahatan Street


36,000.00


29,000.00


29,000.00


Purchase of Land, School Purpose Off Nichols Street


27,612.09


27,612.09


1,387.91


REPORT OF TOWN ACCOUNTANT


291


REVENUE APPROPRIATIONS-Continued


Taxation and Available


Warrants


Transfers


Funds


Total


Account


Payments


Payable


Total


Balance


2,871.00


2,871.00 Enclosing Culverts Codman Road


2,871.00


5,544.00


5,544.00


Refilling Borrow Pit


5,544.00


306.47


306.47


Improvement Parking Area Rear Theatre


120.00


120.00


186.47


3,117.51


3,117.51


Unpaid Bills Prior to December 31, 1955


3,078.91


31.91


3,110.82


6.69


479.75


479.75


Committee on Town Charter


178.27


178.27


301.48


1,996.22


1,996.22


Printing Building Code


274.13


274.13


1,722.09


1,450.00


1,450.00


Memorial Day


1,441.58


1,441.58


8.42


3,500.00


3,500.00


Printing Town Report


3,147.00


6.00


3,153.00


347.00


500.00


500.00


Committee on Industrial Development


36.30


36.30


463.70


500.00


500.00


Fourth of July Celebration


500.00


500.00


2,032.65


2,032.65


Christmas Decorations


486.07


1,546.58


2,032.65


800.00


800.00


Repairs to Town Owned Real Estate


258.16


2.05


260.66


539.34


500.00


500.00


Carillon Concerts


345.00


102.00


447.00


53.00


8,000.00


8,000.00


Committee on Junior High, Services for Architect


8,000.00


189.91


189.91


School Survey Committee (Nine)


161.35


161.35


28.56


8,088.33


8,088.33


Committee on Addition to Junior High


60.00


10.00


70.00


8,018.33


5,993.60


5,993.60


Improvement of Runways,


Norwood Airport


5,901.14


5,901.14


92.46


5,775.57


5,775.57


Improvement of Runways,


Norwood Airport


5,650.00


5,650.00


125.57


25,000.00


25,000.00


Improvement Parking Lots,


Talbot and Band Stand


5,011.56


48.13


5,059.69


9.940.31


443.75


443.75


Reserve Fund


443.75


$4,160,814.21 $4,160,814.21


$3,442,522.84 $125,199.28 $3,567,722.12 $593,092.09


292


TOWN OF NORWOOD


NON-REVENUE APPROPRIATIONS


Warrants


Borrowing Others


Total


Account


Payments


Payable


Total


Balance


$102,387.50


$102,387.50 Sewer Construction


$40,202.35


$


$40,202.35


$62,185.15


4,879.29


4,879.29


Drains Construction


4,879.29


183,707.24


183,707.24


Water Construction


91,323.03


427.17


91,750.20


91,957.04


340,580.77


340,580.77 Light Construction


188,797.61


517.11


189,314.72


151,266.05


$631,554.80


$631,544.80


$320,322.99


$944.28


$321,267.27 $310,287.53


REPORT OF TOWN ACCOUNTANT


293


OTHER OPERATING ACCOUNTS


Taxation and Available


Warrants


Transfers


Receipts


Total


Account


Payments


Payable


Total


Balance


$32,775.00


$4,820.06


$37,595.06


Garage, Maintenance and Operation


$30,221.69


$4,116.98


$34,338.67


$3,256.39


10,749.78


835.28


11,585.06


Garage, Gasoline and Oil Purchase of


9,725.91


1,204.13


10,930.04


655.02


Henry O. Peabody Income Account


21,909.56


1,043.62


22,953.18


George Barden Fund


2,150.00


2,150.00


Agency


344,838.55


344,838.55


Trusts


3,776.60


3,776.60


Refunds'


45,028.82


45,028.82


Veterans' Housing Rentals


5,113.54


5,113.54


Veterans' Housing Deposits


240.00


240.00


Rain and Flood Disaster


77,212.29


77,212.29


John C. Lane Fund Income


15.38


15.38


Refund Guarantee Deposits Contract Forms


50.00


50.00


Tailings


2.01


2.01


Unclaimed Land Damage Checks


385.00


385.00


Estimated Receipts


91.60


91.60


Cemetery Perpetual Care Fund


16.00


16.00


Excess and Deficiency


123.52


123.52


Income High School Prize Fund


14.40


14.40


Purchase Savings Bonds


2,006.25


2,006.25


Anticipation of Reimbursement Loan


5,650.00


5,650.00


Emergency Storm Disaster


13,124.82


13,124.82


Premium


326.34


326.34


Investment


6,997.35


6,997.35


$43,524.78


$5,655.34


$49,180.12


$569,019.63


$6,364.73


$575.384.36


$3,911.41


294


TOWN OF NORWOOD


TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1955 GENERAL GOVERNMENT


Liabilities and Reserves


Cash:


Warrants Payable


$178,695.58


In Banks and Office


$1,661,176.81


Reserve for Petty Cash


50.00


Accounts Receivable


Payroll Deductions: Withholding Taxes War Bond Purchases


17,725.82


Taxes:


198.50


Tailings


680.64


Levy of 1954


Personal


$ 23.40


Reimbursement Municipal Airport


3,458.00


Airport Runway Repairs


125.57


Proceeds of Dog Licenses-Due County


91.40


Proceeds of Sporting Licenses-Due State


500.25


Guarantee Deposits:


Electric Consumers


$2,409.00


Electric Light Connections


1,712.39


Sewer


7,607.71


Motor Vehicle Excise Taxes:


Levy of 1955


15,851.61


Special Assessments:


Sewers Added to 1955 Taxes


73.31


Committed Interest 1955


5.63


Post War Rehabilitation Fund Principal


400.00


Schools Insurance Recovery


1,906.84


Tax Titles


13,464.38


Land Damage Checks Unclaimed


2,059.75


Tax Title Possessions


11,782.28


Cemetery, Sale of Lots and Graves


70,440.05


295


REPORT OF TOWN ACCOUNTANT


Levy of 1955


Personal


4,084.55


Real


45,311.04


Polls


60.00


49,478.99


Water


14,551.75


Specification Forms


65.00


Highways


225.00


Schools


336.82


26,907.67


Assets


Old Age Recovery Account


4,679.28


BALANCE SHEET-Continued


Assets


Liabilities and Reserves


Veterans' Housing:


Real Estate


1,461.00


Sidewalks


55.65


General Government


3,126.90


Health


328.50


Smith Hughes Barden Fund


4,624.59


Special School Lunch Counter


502.40


Highways


439.05


Police


2,408.20


Sanitation


952.26


Schools


6,892.05


Welfare


888.62


Old Age Assistance


2,656.65


Veterans Aid


1,259.28


Rental Town Accounts


1,915.90


22.384.06


Public Service Enterprise:


Municipal Electric Light Rates


49,324.04


Miscellaneous 1,760.47


Water Department:


Rates


33,586.01


Miscellaneous


1,441.32


Aid to Dependent Children


3,475.21


Old Age Assistance Administration 938.42


35,217.08


Old Age Assistance


11,185.27


296


TOWN OF NORWOOD


57,468.72


Federal Grants:


Aid to Dependent Childres Admin.


152.25


H. W. Lane Fund


76.72


Henry O. Peabody Fund


28,463.53


Electric Light Consumers Deposits In- terest


25.00


51,084.51


Income Trust and Investment Funds:


Cemetery Perpetual Care Fund


24,973.32


Anna M. Day Fund


1,223.00


Chickering Fund


42.22


Warren H. Cudworth Fund


69.18


Alice H. Plimpton Fund


2,486.60


E. Florence Morse Fund


53.01


William T. Whedon Library Fund


48.64


High School English Fund


7.50


Water Liens Added to 1955 Taxes 189.75


Surety Deposits


50.00


Rentals


7.440.93


7,490.93


Schools Athletic Revolving Account


1,030.55


Departmental:


BALANCE SHEET-Continued


Assets


Liabilities and Reserves


Cemetery:


Disability Assistance Administration


222.56


Disability Assistance 1.484.39


17,458.10


Unexpended Balances:


Revenue


533,757.91


Non Revenue


310,287.53


Underestimates 1955 County Tax


5,274.41


Unapportioned Sewer Assessments ..


26,625.87


Reserve Fund Overlay Surplus


21,121.52


Overlay Reserved for Abatement of Taxes:


Levy of 1954


1,426.28


Levy of 1955


11,335.84


12,762.12


Revenue Reserved Until Collected:


Departmental Revenue


24,420.06


Motor Vehicle Excise Revenue


15,851.61


Special Assessments Revenue


26,704.81


Tax Title Revenue


13,464.38


Tax Title Possessions Revenue


11,782.28


Electric Light Revenue


51,084.51


Water Revenue


35,217.08


Overestimate 1955


State Assessments


5,652.28


Surplus Revenue


492,816.50


$1,951,417.23


$1,951,417.23


297


Care of Lots


2,036.00


Flood Disaster


56,912.29


l'etty Cash Advance


50.00


REPORT OF TOWN ACCOUNTANT


178,524.73


DEFERRED REVENUE ACCOUNTS


Apportioned Sewer Assessments Not Due ...... $7,988.17


Apportioned Sewer Assessments Revenue:


Due in 1956


$1,619.70


Due in 1957


1,309.43


Due in 1958


1,309.39


Due in 1959


1,309.34


Due in 1960


1,264.62


Due in 1961


1,175.69


$7,988.17


$7,988.17


DEBT ACCOUNTS


Net Funded or Fixed Debt:


Loans Inside the Debt Limit:


Inside Debt Limit


$234,000.00


Schools


$99,000.00


Outside Debt Limit


561,000.00


Sewer


135,000.00


Loans Outside the Debt Limit:


Schools


42,000.00


Water


201,000.00


Light


318,000.00


$795,000.00


$795,000.00


298


TOWN OF NORWOOD


TRUST, INVESTMENT AND RETIREMENT ACCOUNTS


Trust, Investment and Retirement Funds: Cash and Securities


Cemetery Perpetual Care Funds


$95,884.92


Anna M. Day Fund


5,000.00


In custody of Town Treasurer


$657,685.41


High School English Fund


500.00


In Custody of Trustees


830,310.90


Warren H. Cudworth Fund


500.00


Alice H. Plimpton Fund


11,000.00


Municipal Light Consumers' Deposit Fund


34,400.00


E. Florence Morse Fund


500.00


William T. Whedon Fund


500.00


Harriet W. Lane Fund


800.00


Post War Rehabilitation Fund


11,822.35


Henry O. Peabody Fund


830,310.90


Municipal Contributory Retirement Fund


496,778.14


$1,487,996.31


$1,487,996.31


REPORT OF TOWN ACCOUNTANT


299


300


TOWN OF NORWOOD


TRIAL BALANCE December 31, 1955


Debits


Credits


Cash


$1,661,176.81


Petty Cash Advance


50.00


Reserved for Petty Cash Advance


$ 50.00


Warrants Payable


178,695.58


Poll Tax 1955


60.00


Personal Property 1954


23.40


Personal Property 1955


4,084.55


Real Property 1955


45,311.04


Motor Vehicle Excise 1955


15,851.61


Sewer Apportioned Assessment 1955


73.31


Committed Interest 1955


5.63


Water Liens Added to 1955 Taxes


189.75


Unapportioned Sewer Assessments


26,625.87


Tax Titles


13,464.38


Tax Title Possessions


11,782.28


Accounts Receivable


Real Estate


1,461.00


Sidewalks


55.65


Cemetery, Care of Lots


2,036.00


General Government


3,126.90


Health


328.50


Highways


439.05


Police


2,408.20


Sanitation


952.26


Schools


6,892.05


Welfare


888.62


Old Age Assistance


2,656.65


Electric Light


49,324.04


Water Rates


1,760.47


Water


33,586.01


Military Aid


1,441.32


Fire


1,259.28


Rental Town Accounts


1,915.90


Revenue Appropriations


533,757.91


Deduction for Taxes


17,725.82


Bond Deductions


198.50


Federal Grants:


Aid to Dependent Children Administration


152.25


Aid to Dependent Children


3,475.21


Old Age Assistance Administration


938.42


Old Age Assistance


11,185.27


Disability Assistance Administration


222.56


Disability Assistance


1,484.39


Flood and Rain Damage


56,912.29


Federal Aid Airport


125.57


REPORT OF TOWN ACCOUNTANT


301


TRIAL BALANCE-Continued


Debits


Credits


Smith Hughes Fund


4,624.59


Federal Housing:


Rents


7,440.93


Deposits


50.00


School Lunch Program Special


502.40


Schools Athletic Fund


1,030.55


Reimbursement Municipal Airport


3,458.00


Guarantee Deposits:


Electric Light Connections


2,409.00


Dogs


1,712.39


Sewer


91.40


Sporting


7,607.71


Water


500.25


Real Estate


14,551.75


Specification Forms


65.00


Highways


225.00


Schools


336.82


Post War Rehabilitation Fund Principal


400.00


Old Age Recovery Account


4,679.28


Interest Consumers' Deposits


25.00


Fire Damage Loss


1,906.84


Tailings


680.64


Unclaimed Checks


2,059.75


Cemetery Perpetual Care Income


24,973.32


Anna M. Day Income


1,223.00


Chickering Fund Income


42.22


Warren H. Cudworth Fund Income


69.18


Alice H. Plimpton Fund Income


2,486.60


E. Florence Morse Fund Income


53.01


William T. Whedon Fund Income


48.64


High School Income


7.50


Harriet W. Lane Fund Income


76.72


Henry O. Peabody Fund Income


28,463.53


County Tax


5,274.41


State Assessments


5,652.28


Non-Revenue Appropriations


310,287.53


Cemetery Available Funds


70,440.05


Reserve Fund Overlay Surplus


21,121.52


Overlay 1954


1,426.28


Overlay 1955


11,335.84


Revenue Reserved until Collected:


Departmental


24,420.06


Motor Vehicle


15,851.61


Special Assessment Revenue


26,704.81


Tax Titles


13,464.38


Tax Title Possessions


11,782.28


302


TOWN OF NORWOOD


TRIAL BALANCE-Continued


Debits


Credits


Electric Light Revenue


51,084.51


Water Revenue


35,217.08


Excess and Deficiency


492,816.50


Deferred Assessments:


Apportioned Sewer Assessments Not Due


7,988.17


Apportioned Sewer Assessments Due in 1956


1,309.43


Apportioned Sewer Assessments Duc in 1957


1,309.39


Apportioned Sewer Assessments Due in 1959


1,309.34


Apportioned Sewer Assessments Due in 1960


1,264.62


Apportioned Sewer Assessments Due in 1961


1,175.69


Net Bonded Debt Outside


561,000.00


Net Bonded Debt Inside


234,000.00


School Loans Inside


99,000.00


Sewer Loans Inside


135,000.00


School Loans Outside


42,000.00


Water Loans Outside


201,000.00


Light Loans Outside


318,000.00


Trust and Investment Funds


991,218.17


Cemetery Perpetual Care Funds


95,884.92


Anna M. Day Fund


5,000.00


High School English Prize Fund


500.00


Warren H. Cudworth Fund


500.00


Alice H. Plimpton Fund


11,000.00


Municipal Electric Light


34,400.00


E. Florence Morse Fund


500.00


William T. Whedon


500.00


Harriet W. Lane Fund


800.00


Post War Rehabilitation Fund


11,822.35


Henry O. Peabody Fund


830,310.90


$3,745,623.57


$3,745,623.57


1,619.70


Apportioned Sewer Assessments Duc in 1958


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant. Investment Account


Book Value Jan. 1, 1955


Additions During Year


Deprecia- Book Value tion


Dec. 31, 1955


Total Cost


$ 9,636.68 Land


$9,636.68


230,590.02


Structures


29,450.36


$132,862.18


$4,886.39


$157,426.15


236,913.18


Transformer Station Equipment


22,220.53


2,862.72


11,702.52


13,380.73


497,458.01


Poles, Fixtures and Conductors


131,045.65


93,008.97


24,382.19


199,672.43


91,678.25


Underground Conduits


29,793.58


19,683.43


3,599.74


45,877.27


231,230.22


Underground Conductors


115,871.35


67,266.67


8,198.18


174,939.84,


70,085.94


Consumers Meters


3,037.45


3,037.45


137,553.39


Consumers Meters Installations


83,279.42


14,898.41


9,637.05


88,540.78


131,692.84


Line Transformers


48,498.80


16,561.55


5,756.56


59,303.79


68,558.71


Transformer Installation


46,485.48


6,250.91


3,115.39


49,621.00


111,245.44


Street Lighting Equipment


51,815.61


10,474.56


5,038.54


57,251.63


$1,816,642.68


$571,134.91


$363,869.40


$76,316.56


$858,687.75


REPORT OF TOWN ACCOUNTANT


303


COMPARATIVE BALANCE SHEET STATEMENT


Assets


Jan. 1, 1955


Investments


Dec. 31, 1955


Increase


Decrease


$571,134.91


Plant Investments


$858,687.75 24,559.40


$287,552.84


26,582.71


General Equipment


$2,023.31


Current Assets


192,428.73


Special Deposits


319,971.12


126,542.39


42,529.67


Accounts Receivable


51,084.51


8,554.84


12,136.54


Material and Supplies


12,568.35


431.81


214.07 Prepaid Insurance


256.14


42.07


25,749.98 Depreciation Fund


4,113.81


21,636.17


870,776.61


$1,271,241.08


$400,464.47


Liabilities


$34,549.95


Consumers Deposits


38,521.39


3,971.44


216,808.00


Loans Repayment


242,808.00


26,000.00


112,699.54


Appropriation for Construction Repayment


379,952.49


267,252.95


290,710.79


Profit and Loss Balance


290,787.66


76.87


215,000.00


Bonds


318,000.00


103,000.00


1,008.33


Interest Accrued


1,171.54


163.21


$870,776.61


$1,271,241.08


$400,464.47


OPERATING REVENUE STATEMENT


Metered Sales to Private Consumers Street Lighting Revenue


$823,037.65


$109,899.49


20,468.21


2,968.21


Other Municipal Revenue


37,306.58


3,627.78


304


TOWN OF NORWOOD


Income Statement


Operating Revenue Operating Expenses


880,812.44


116,495.48


707,834.57


72,847.71


Net Operating Revenue


172,977.87


43,647.77


Uncollectible Operating Revenue


384.94


384.94


Net Operating Revenue


172,592.93


43,262.83


Merchandise and Jobbing Revenue


1,847.94


$6,246.15


Interest Income


870.00


176.03


Miscellaneous Non-Operating Income


2,483.40


319.70


Gross Income


174,098.39


37,512.41


Interest on Bonds and Notes


1,390.67


457.61


Income Balance Transferred to Profit and Loss


$172,707.72


$37,970.02


PROFIT AND LOSS STATEMENT


Credits


Credit Balance at Beginning of Year


$290,710.79


Credit Balance Transferred from Income Account


172,707.72


Miscellaneous Credits


13.49


$463,432.00


Debits


Deductions from Surplus Balance Profit and Loss Dec. 31, 1955


$172,644.34


290,787.66


$463,432.00


REPORT OF TOWN ACCOUNTANT


305


OPERATING EXPENSE


Dec. 31, 1955


Increase


Decrease


Electric Energy Purchased


$487,441.53


$62,992.17


Operation :


Municipal Street Lamps


561.09


551.09


Transformer Station Labor


20,417.92


447.35


Transmission and Distribution Lines


19,600.11


$2,537.68


Inspecting and Testing Meters


547.79


256.07


Removing and Resetting Meters


1,765.76


Removing and Resetting Transformers


728.17


Maintenance:


Transformer Station Structures


468.16


83.63


Transformer Station Equipment


5,839.49


1,840.02


Transmission and Distribution Lines


28,414.61


2,985.76


Underground Conduits


862.47


509.28


Underground Conductors


2,799.17


1,425.29


Consumers Meters


1,129.48


133.18


Transformers


730.43


1,203.44


TOWN OF NORWOOD


UTILIZATION


Maintenance of Municipal Street Lights


4,172.05


851.43


Maintenance of Commercial Lighting Equipment


368.06


Maintenance of Consumers Installations


5,171.74


585.47


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