Norwood annual report 1957-1959, Part 56

Author: Norwood (Mass.)
Publication date: 1957
Publisher: The Town
Number of Pages: 1194


USA > Massachusetts > Norfolk County > Norwood > Norwood annual report 1957-1959 > Part 56


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School Lunch Counter Operation


16,946.49


16,946.49


614.93


54,448.81


54,448.81


School Lunch Counter Operation,


46,021.86


8,426.95


54,448.91


Special


14,005.17


14,005.17


School Athletic Association,


14,005.17


14,005.17


Revolving Fund


10,350.00


10,350.00


Park Maintenance, Payroll Wages


10,315.76


34.24


10,350.00


2,952.00


2,952.00 Park Maintenance


2,227.88


74.36


2,302.24


649.76


17,900.00


17,900.00


Playground Maintenance,


17,663.28


236.72


17,900.00


Personal Service


16,100.00


16,100.00


Playground Maintenance


14,634.29


664.74


15,299.03


800.97


16,440.44


16,440.44


Playground Improvement


5,997.92


41.25


6,039.17


10,401.27


3,234.30


3,234.30


Playground Improvement, Fr. McAleer


400.00


400.00


2,834.30


22,701.40


22,701.40


Recreation, Personal Service


22,485.12


110.10


22,595.22


106.18


6,810.50


6,810.50


Recreation


6,784.83


14.04


6,798.87


11.63


45,969.00


45,969.00


Morrill Memorial Library,


44,171.17


545.05


44,716.22


1,252.78


Personal Service


20,686.20


20,686.20


Morrill Memorial Library, Incidentals


17,548.19


603.18


18,151.37


2,534.83


REPORT OF TOWN ACCOUNTANT


337


338


REVENUE APPROPRIATIONS


Statement of Appropriations, Expenditures and Balances


Taxation and Available


Warrants


Transfers


Funds


Total


Accounts


Payments


Payable


Total


Balance Overdraft


217,000.00


217,000.00


Maturing Debt


217,000.00


217,000.00


65,413.00


65,413.00


Interest


65,413.00


65,413.00


5,087.00


5,087.00


Annuity to Dependents of Firemen


5,087.00


5,087.00


Taxation and


Available


Warrants


Transfers


Funds


Total


Accounts


Payments


Payable


Total


Balance Overdraft


3,624.00


3,624.00


Annuity to Dependents of Policemen


3,500.84


3,500.84


123.16


10,040.00


10,040.00


Workmens Compensation


4,739.07


1,091.83


5,830.90


4,209.10


35,000.00


35,000.00


Group Insurance


33,765.16


33,765.16


1,234.84


15,600.00


15,600.00


Insurance


15,358.31


15,358.31


241.69


11,700.00


11,700.00


Water Operation Payroll Wages


9,170.85


17.56


9,188.41


2,511.59


12,197.00


12,197.00


Water Operation


11,133.70


553.60


11,687.30


509.70


31,600.00


31,600.00


Water Maintenance Payroll Wages


31,304.61


295.39


31,600.00


37,815.84


37,815.84


Water Maintenance and Repairs


29,269.21


676.19


29,945.40


7,870.44


16,832.00


16,832.00


Water House Connections


15,110.33


165.82


15,276.15


1,555.85


3,000.00


3,000.00


Water, New Equipment


1,673.68


1,673.68


1,326.32


21,807.73


21,807.73


Water Construction


18,991.82


93.18


19,085.00


2,722.73


74,887.37


74,887.37


Light Depreciation


61,756.08


61,756.08


13,131.29


114,285.96


114,285.96


Light Operation


111,675.08


2,610.88


114,285.96


83,790.01


83,790.01


Light Utilization


76,907.95


4,382.97


81,290.92


2,499.09


232,319.41


232,319.41


Light Construction


161,575.13


7,095.72


168,670.85


63,648.56


29,494.25


29,494.25


Street Lighting


29,494.25


29,494.25


715,000.00


715,000.00


Purchase of Electric Energy


639,976.57


65,324.89


705,301.46


9,698.54


TOWN OF NORWOOD


35,000.00


35,000.00


Electric Light In Lieu of Taxes


35,000.00


42,894.78


42,894.78


Cemetery Maintenance, Payroll Wages


41,970.86


330.65


35,000.00 42,301.51


593.27


7,900.00


7,900.00


Cemetery Maintenance


6,362.97


92.44


6,455.41


1,444.59


1,633.96


1,633.96


Cemetery Improvement, Payroll Wages


1,633.96


1,633.96


3,133.00


3,133.00


Cemetery Improvement


890.14


890.14


2,242.86


720.00


720.00


Lease of Quarters for Amvets


720.00


720.00


1,000.00


1,000.00


Lease of Quarters for V.F.W. 2452


500.00


500.00


1,000.00


780.00


780.00


Lease of Quarters for Disabled Veterans


720.00


720.00


60.00


660.00


660.00


Norfolk County Marine Corp League


660.00


660.00


51,012.31


51,012.31


Construction of Elementary School,


12,166.52


12,166.52


38,845.79


Nichols Street


2,000.00


2,000.00


Land Damages Talbot Parking Lot


1,941.87


1,941.87


58.13


2,000.00


2,000.00


Committee on Addition to


52.70


52.70


1,947.30


Senior High School


1,500.00


1,500.00


Purchase of Land for School,


1,500.00


1,500.00


Prescott Road Extension


8,088.33


8,088.33


Committee on Addition to Jr. High


8,088.33


387.91


387.91


Purchase of Land for School,


387.91


Off Nichols Street


50.00


50.00


Eyeglasses for Needy School Children


50.00


1,000.00


1,000.00


Addition to Junior High School


1,000.00


5,281.01


5,281.01


Junior High School Building Committee,


5,281.01


Services of Architect


428.82


428.82


Construction of Parking Area,


428.82


428.82


Talbot Land


3,677.69


3,677.69


Improvement and Maintenance Parking Lots, Talbot and Bandstand


3,677.69


3,677.69


100.00


100.00


Land Damages-Dean Street


100.00


500.00


500.00


Ellis Avenue Land Damage


500.00


200.00


200.00


Canton Street Land Damage


200.00


REPORT OF TOWN ACCOUNTANT


339


340


REVENUE APPROPRIATIONS


Statement of Appropriations, Expenditures and Balances


Warrants


Transfers


Total


Accounts


Payments


Payable


Total


Balance Overdraft


20.00


20.00


Fisher Street Land Damage


20.00 201.00


201.00


201.00


Land Damage Willett Parkway


142.25


142.25


879.93


Repairs Lighting


500.00


500.00


Airport Incidental Expense


500.00


7,500.00


7,500.00


Sealing Runway, Norwood Municipal Airport


7,500.00


1,848.00


1,848.00


Observance of Memorial Day


1,736.15


1,736.15


111.85


58,440.00


58,440.00


Construction of Swimming Pool at Fr. McAleers Playground


42,882.33


42,882.33


15,557.67


150.00


150.00


Medical Expenses Payable to John M. McDonough, Sr.


145.50


145.50


4.50


100.00


100.00


Expense of Petition to change Section 9 of Town Charter


100.00


500.00


500.00


Committee on New Industries


39.50


39.50


460.50


1,000.00


1,000.00


Carillon Concerts


225.00


285.50


510.50


489.50


3,500.00


3,500.00


Printing Annual Town Report


3,284.30


3,284.30


215.70


147.28


147.28


Committee on Town Charter


32.64


32.64


114.64


100.00


100.00


Committee for Housing Elderly


39.72


39.72


60.28


100.00


100.00


Repairs to Town Owned Real Estate


100.00


100.00


1,000.00


1,000.00


Purchase of Land for New Fire House


1,000.00


45,130.00


45,130.00


Contributory Retirement Fund


45,130.00


45,130.00


250.00


250.00 Salary and Wage Committee


207.00


207.00


43.00


TOWN OF NORWOOD


Taxation and Available Funds


1,022.18


1,022.18


Norwood Airport Commission,


1,432.09


1,432.09 Printing and Distributing Building Code


681.60 615.41


681.60


750.49


2,000.00


2,000.00 Christmas Decorations


1,253.14


1,868.55


131.45


5,544.00


5,544.00 Refilling Borrow Pit on Ellis Avenue


4,544.00


305.33


305.33


Enclosing Culverts Codman Road


305.33


50,000.00


50,000.00


Cleaning, Widening, Straightening Ne- ponset River


50,000.00


90.00


90.00


Frederick A. Cleveland Park


90.00


500.00


500.00


Improvement of Circle, Rte. 1, Dedham


500.00


100.00


100.00


Testimonial to George F. Willett


100.00


1,000.00


1,000.00


Fourth of July Celebration


1,000.00


1,000.00


1,785.00


1,785.00


Civil Defense


1,544.21


112.95


1,657.16


127.84


200.00


200.00


Salary of Inspector of Animals


200.00


200.00


9,758.00


9,758.00


Hydrant Rentals


9,758.00


9,758.00


2,359.00


2,359.00


Unpaid Bills Prior to December 31, 1957


3,235.06


2,235.06


123.94


200.00


200.00


Committee on Rehabilitation


40.80


40.80


159.20


25,000.00


25,000.00


Stabilization Fund


25,000.00


25,000.00


1,000.00


1,000.00


Captial Outlay Committee


1,000.00


10,165.53


10,165.53


Reserve Fund


10,165.53


5,514,296.30 5,514,296.30


4,795,110.68


141,384.32


4,934,995.00


579,667.43


1,866.13


REPORT OF TOWN ACCOUNTANT


341


NON-REVENUE APPROPRIATIONS


Warrants


Borrowing


Others


Total


Accounts


Payments Payable


Total


Balance


$


3,929.89


3,929.89


Drain Construction


3,929.89


3,031.69


3,031.69


Sewer Construction


3,031.69


642,163.31


642,163.31 Construction of Elementary School,


552,163.55


552,163.55


89,999.76


Nichols St.


616,050.46


616,050.46


Construction of Elementary School,


514,791.95


514,791.95


101,258,51


Neponset Street


31,596.19


31,596.19


Water Construction


14,535.96


14,535.96


17,060.23


270,000.00


270,000.00


Water Construction, Standpipe


47,036.89


63,312.88


110,349.77


159,650.23


30,000.00


30,000.00


Water Construction, Water Mains


11,479.93


4,424.00


15,903.93


14,096.07


76,461.42


76,461.42


Light Construction


800.00


884.00


1,684.00


74,777.42


400.00


400.00


Original Construction, Parking Site


400.00


400.00


16,900.00


16,900.00


Acquisition of Land, Parking Site


16,900.00


16,900.00


$1,690,532.96


$1,690,532.96


$1,158,108.28


$68,620.88


$1,226,729.16


$463,803.80


TOWN OF NORWOOD


342


OTHER OPERATING ACCOUNTS


Transfers


Taxation and Available Funds $1,006.00 1,400.00


Total


Account


Payments


Payable $1,434.43


Total $39,346.64


Balance $4,437.36


Garage Gas and Oil


13,544.54


13,544.54


2,696.54


H. O. Peabody Income


31,372.82


2,251.17


33,623.99


Agency


729,968.96


729,968.96


Trusts


7,096.21


7,096.21


Refunds


25,852.14


25,852.14


Superior Court Judgments


7,862.50


7,862.50


Approved Land Damage Award


1,838.00


1,838.00


Harriet W. Lane Fund Income


40.91


40.91


Morrill Memorial Library Morse Fund


11.77


11.77


Morrill Memorial Library Whedon Fund


13.67


13.67


Morrill Memorial Library Chickering Fund


17.07


17.07


Morrill Memorial Library Plimpton Fund


470.54


82.80


553.34


George Barden-Smith Hughes Fund


8,046.93


8,046.93


High School English Prize Fund


16.26


16.26


Parking Meter Receipt Account


11,345.37


11,345.37


Investments


4,500.00


4,500.00


Tailings


75.00


75.00


Estimated Receipts


90.70


90.70


Cemetery Sale of Lots


50.00


50.00


Purchase of Savings Bonds


3,972.50


3,972.50


Premium on Bonds


1,137.12


1,137.12


$885,235.22


$3,768.40


$889,003.62


$7,133.90


343


REPORT OF TOWN ACCOUNTANT


$57,619.08


$2,406.00


$60,025.08


Warrants


$42,778.00 14,841.08


$43,784.00


16,241.08


Garage Maintenance and Operation


$37,912.21


TOWN OF NORWOOD BALANCE SHEET, DECEMBER 31, 1958 GENERAL ACCOUNTS


Assets


Liabilities and Reserves


Cash :


Warrants Payable


In Banks and Office


$1,970,510.05


Reserve for Petty Cash


Petty Cash Advance


50.00


Payroll Deductions: Withholding Taxes


26,092.00


Accounts Receivable


Bond Deductions


690.25


Taxes:


Tailings


605.64


Old Age Recovery Account


806.24


Levy of 1958


Personal


5,267.63


Real


40,991.21


Poll


54.00


46,312.84


Electric Consumers


3,073.93


Motor Vehicle Excise Taxes:


Electric Light Connections 543.06


Levy of 1956


.48


Sewer


5,317.21


Levy of 1957


391.21


Water


9,889.22


Levy of 1958


52,421.82


Specification Forms


65.00


Highway


375.00


Special Assessments:


19,263.42


Sewers added to 1958 Taxes


435.38


Land Damage Checks Unclaimed


2,059.75


Committed Interest 1958


117.26


Cemetery Sale of Lots and Graves


41,888.37


Smith Hughes Barden Fund


466.79


Tax Titles


17,232.89


Special Lunch Counter Fund


6,119.56


Schools Athletic Revolving Account


6,103.18


Tax Title Possessions


10,945.56


Sale of Real Estate Fund


920.00


Schools Insurance Recovery


1,906.84


344


TOWN OF NORWOOD


Reimbursement Municipal Airport


3,458.00


Proceeds of Dog Licenses-Due County


158.75


Proceeds of Sporting Lic .- Due State Guarantee Deposits :


1,010.00


52,813.51


$213,773.60 50.00


BALANCE SHEET-Continued


Departmental :


Real Estate 1,678.78


Sidewalks 55.65


General Government 4,141.53


Health


2,095.93


Alice H. Plimpton Fund 2,864.51


William T. Whedon Fund


86.46


Police


3,505.20


E. Florence Morse Fund 88.13


High School English Prize Fund 8.13


Harriet W. Lane Fund 48.40


Schools


21,653.01


Welfare 2,879.16


Old Age Assistance 2,051.27


42,045.39


39,289.47


Parking Meter Receipts


16,660.18


Cemetery Perpetual Care Bequests Federal Grants:


Aid to Dependent Children Adminis. 1,421.77


Aid to Dependent Children 9,159.19


Old Age Assistance Administration 3,645.19


Old Age Assistance 15,245.35


Disability Assistance Administration 551.59


Disability Assistance 922.18


Water Department:


Rates 63,124.80


Miscellaneous 2,671.62


Water Liens Added to 1958 Taxes 342.52


66,138.94


Revenue Non-Revenue


481,330.38 463,803.80


345


REPORT OF TOWN ACCOUNTANT


Public Service Enterprises :


Electric Light Department


Light Rates


92,816.29


Miscellaneous 2,969.70


95,785.99


Income Trust and Investment Funds:


Cemetery Perpetual Care Fund 33,990.66


Anna M. Day Fund 1,691.75


Warren H. Cudworth Fund 117.33


Chickering Fund 41.15


Highway


384.03


Sanitation 844.91


Henry O. Peabody Fund 3,168.45


Post War Rehabilitation Fund 21.42


200.00


30,945.27


Federal Aid to Airport Unexpended Balances :


125.57


BALANCE SHEET-Continued


Assets


Liabilities and Reserves


Cemetery:


Overlay Reserved for Abatement of Taxes:


Levy of 1954


270.39


Care of Lots


3,689.50


Levy of 1955


8,776.84


Court Judgements


200.00


Levy of 1956


16,195.48


Approved Land Damage Award


2,989.00


Levy of 1958


6,537.60


Underestimates 1958:


County Tax


10,853.20


Revenue Reserved Until Collected :


Departmental Revenue


42,978.97


Motor Vehicle Excise Revenue


52,813.51


Special Assessments Revenue


552.64


Tax Title Revenue


17,232.89


Tax Title Possessions Revenue


10,945.56


Electric Light Revenue


95,785.99


Water Revenue


66,138.94


State and County Aid to Highways Revenue


68,681.42


Overestimates 1958:


355,129.92


County Hospital Assessment


2,478.37


Mosquito Control


35.31


State Parks


147.58


Metropolitan Sewer Assessment


5,342.35


8,003.61


Premium on Loans


1,292.39


Interest on Electric Light Consumers Deposits


2,289.97


Surplus Revenue


616,985.64


$2,386,045.01


$2,386,045.01


346


TOWN OF NORWOOD


41,860.50


State Aid to Highways


45,787.62


County Aid to Highways


22,893.80


Levy of 1957


10,080.19


BALANCE SHEET-Continued


DEFERRED REVENUE ACCOUNTS


Apportioned Sewer Assessments Not Due .... $ 34,173.96


Apportioned Sewer Assessment Revenue:


Due in 1959


$ 5,398.29


Due in 1960


5,360.53


Due in 1961


5,035.74


Due in 1962


4,041.40


Due in 1963


3,629.22


Due in 1964


3,629.18


Due in 1965


3,629.07


Due in 1966


1,725.27


Due in 1967


1,725.26


$ 34,173.96


$34,173.96


DEBT ACCOUNTS


Loans Inside the Debt Limit:


Schools


$731,000.00


Outside Debt Limit


1,450.000.00


Highway


38,000.00


Sewer


65,000.00


Off Street Parking


30,000.00


Loans Outside the Debt Limit:


Electric Light


$251,000.00


Schools


666,000.00


Water


533,000.00


$2,314,000.00


$2,314,000.00


347


REPORT OF TOWN ACCOUNTANT


Net Funded or Fixed Debt:


Inside Debt Limit


$ 864,000.00


BALANCE SHEET-Continued


TRUST, INVESTMENT AND RETIREMENT ACCOUNTS


Trust, Investment and Retirement Funds: Cash and Securities


Cemetery Perpetual Care Funds


$ 103,034.92


Anna M. Day Fund


5,000.00


In Custody of Town Treasurer


828,868.57


High School English Prize Fund


500.00


In Custody of Trustees


861,516.09


Warren H. Cudworth Fund


500.00


Alice H. Plimpton Fund


11,000.00


Municipal Light Consumers Deposit Fund


42,400.00


E. Florence Morse Fund


500.00


William T. Whedon Fund


500.00


Harriet W. Lane Fund


800.00


Henry O. Peabody Fund


861,516.09


Post War Rehabilitation Fund


336.95


Stabilization Fund


25,000.00


Municipal Contributory Retirement Fund


639,296.70


$1,690,384.66


$1,690,384.66


348


TOWN OF NORWOOD


349


REPORT OF TOWN ACCOUNTANT


TRIAL BALANCE December 31, 1958


Credits


Cash


Petty Cash Advance


Reserve for Petty Cash


50.00


Warrants Payable


213,773.60


Poll Taxes


54.00


Personal Property Tax 1958


5,267.63


Real Property Taxes 1958


40,991.21


Motor Vehicle Excise Tax 1956


.48


Motor Vehicle Excise Tax 1957


391.21


Motor Vehicle Excise Tax 1958


52,421.82


Apportioned Sewer Assessments 1958


435.38


Committed Interest 1958


117.26


Water Liens Added to 1958 Taxes


342.52


Tax Titles


17,232.89


Tax Title Possessions


10,945.56


Accounts Receivable


Real Estate


1,678.78


Sidewalks


55.65


Cemetery, Care of Lots


3,689.50


General Government


4,141.53


Health


2,095.93


Highways


384.03


Police


3,505.20


Sanitation


844.91


Schools


21,653.01


Welfare


2,879.16


Old Age Assistance


2,051.27


Electric Light Rates


92,816.29


Electric Light


2,969.70


Water Rates


63,124.80


Water


2,671.62


State Aid to Highways


45,787.62


County Aid to Highways


22,893.80


Revenue Appropriations


481.330.38


Withholding Taxes


26,092.00


Bond Deductions


690.25


Parking Meter Receipt


16,660.18


Superior Court Judgments


200.00


Approved Land Damage Award


2,989.00


Federal Grant A.D.C. Administration


1,421.77


Federal Grant Aid to Dependent Children


9,159.19


Federal Grant O.A.A. Administration


3,645.19


Federal Grant Old Age Assistance


15,245.35


Federal Grant Disability Assistance Administration


..


551.59


Federal Grant Disability Assistance


922.18


Federal Aid to Airport


125.57


Debits $1,970,510.05 50.00


350


TOWN OF NORWOOD


TRIAL BALANCE-Continued


Debits


Credits


Smith Hughes Fund


466.79


Schools, Special Lunch Counter Fund


6,119.56


Schools, Athletic Fund


6,103.18


Reimbursement, Municipal Airport


3,458.00


Premium on Loans


1,292.39


Guarantee Deposits:


Electric Consumers Deposits


3,073.93


Electric Light Connections


543.06


Dog Licenses


158.75


Sewer


5,317.21


Sporting Licenses


1,010.00


Water


9,889.22


Specification Forms


65.00


Highways


375.00


Old Age Assistance Recovery Account


806.24


Sale of Real Estate Fund


920.00


Interest Consumers Deposits


2,289.97


Fire Damage Loss


1,906.84


Tailings


605.64


Land Damage Checks Unclaimed


2,059.75


Cemetery Perpetual Care Bequests


200.00


Cemetery Perpetual Care Fund Income


33,909.66


Harriet W. Lane Fund Income


48.40


Anna M. Day Fund Income


1,691.75


Chickering Fund Income


41.15


Warren H. Cudworth Fund Income


117.33


Alice H. Plimpton Fund Income


2,864.51


E. Florence Morse Fund Income


88.13


William T. Whedon Fund Income


86.46


High School English Fund Income


8.13


Post War Rehabilitation Fund Income


21.42


Henry O. Peabody Fund Income


3,168.45


County Tax 1958


10,853.20


County Hospital Assessment 1958


2,478.37


Mosquito Control 1958


35.31


State Parks Assessment 1958


147.58


Metropolitan Sewer Assessment 1958


5,342.35


Non-Revenue Appropriations


463,803.80


Cemetery Available Funds


41,888.37


Overlay 1954


270.39


Overlay 1955


8,776.84


Overlay 1956


16,195.48


Overlay 1957


10,080.19


Overlay 1958


6,537.60


REPORT OF TOWN ACCOUNTANT


351


TRIAL BALANCE-Continued


Debits Credits


Revenue Reserved Until Collected :


Departmental


42,978.97


Motor Vehicle Revenue


52,813.51


Special Assessment Revenue


552.64


Tax Title Revenue


17,232.89


Tax Title Possession Revenue


10,945.56


Electric Light Revenue


95,785.99


Water Revenue


66,138.94


State and County Aid to Highways Revenue


68,681.42


Excess and Deficiency


616,985.64


Deferred Assessments:


Apportioned Sewer Assessments Not Due


34,173.96


Sewer Assessments Due in 1959


5,398.29


Sewer Assessments Due in 1960


5,360.53


Sewer Assessments Due in 1961


5,035.74


Sewer Assessments Due in 1962


4,041.40


Sewer Assessments Due in 1963


3,629.22


Sewer Assessments Due in 1964


3,629.18


Sewer Assessments Due in 1965


3,629.07


Sewer Assessments Due in 1966


1,725.27


Sewer Assessments Due in 1967


1,725.26


Net Bonded Debt-Outside Limit


1,450,000.00


Net Bonded Debt-Inside Limit


864,000.00


School Loans, Inside


731,000.00


Sewer Loans, Inside


65,000.00


Highway Loans, Inside


38,000.00


Off-Street Parking Loans, Inside


30,000.00


School Loans, Outside


666,000.00


Water Loans, Outside


533,000.00


Light Loans, Outside


251,000.00


Trust and Investment Funds


1,051,087.96


Cemetery Perpetual Care Fund


103,034.92


Anna M. Day Fund


5,000.00


High School English Prize Fund


500.00


Warrn H. Cudworth Fund


500.00


Alice H. Plimpton Fund


11,000.00


Municipal Electric Light Deposit Fund


42,400.00


E. Florence Morse Fund


500.00


William T. Whedon Fund


500.00


Harriet W. Lane Fund


800.00


Henry O. Peabody Fund


861,516.09


Post War Rehabilitation Fund


336.95


Stabilization Fund


25,000.00


$5,785,306.93


$5,785,306.93


MUNICIPAL ELECTRIC LIGHT DEPARTMENT Plant Investment Account


Total Cost


Book Value Jan. 1, 1958


Additions During Year


Deprecia- Book Value


tion


Dec. 31, 1958


$9,636.68


Land


$9,636.68


$9,636.68


366,730.78


Structures


262,131.79


$9,630.03


$10,713.02


261,048.80


338,235.60


Transformer Station Equipment


14,765.84


80,471.49


7,732.92


87,504.41


604,197.82


Poles, Fixtures and Conductors


253,822.90


16,286.44


17,778.25


252,331.09


186,717.02


Underground Conduits


131,216.57


1,447.78


5,558.08


127,106.27


367,460.74


Underground Conductors


275,995.52


14,358.70


10,594.10


279,760.12


84,155.82


Consumers' Meters


11,078.36


2,524.67


8,553.69


160,871.60


Consumers' Meters Installations


90,501.49


10,260.23


4,518.34


96,243.38


222,818.05


Line Transformers


78,583.05


60,892.01


4,857.78


134,617.28


95,478.80


Transformer Installation


52,990.51


17,928.64


2,326.50


68,592.65


148,566.43


Street Lighting Equipment


73,349.88


12,025.81


4,096.22


81,279.47


$2,584,869.34


$1,254,072.59


$223,301.13


$70,699.88 $1,406,673.84


352


TOWN OF NORWOOD


COMPARATIVE BALANCE SHEET


Assets


Jan. 1, 1958


Investments


Dec. 31, 1958


$1,406,673.84 42,767.90


Increase 152,601.25 2,620.30


Decrease


$1,254,072.59


Plant Investments


40,147.60


General Equipment


Current Assets


42,828.17 Special Deposits


48,306.96


5,478.79


69,782.86


Accounts Receivable


92,816.29


23,033.43


20,960.97


Material and Supplies


7,371.98


13,588.99


256.14


Prepaid Insurance


256,14


9,699.19


Depreciation Fund


25,153.56


15,454.37


$1,437,747.52


$1,623,346.67


$185,599.15


Liabilities


95,058.89


Appropriation for Construction


95,058.89


42,828.17


Consumers Deposits


48,306.96


5,478.79


370,808.00


Loans Repayment


409,808.00


39,000.00


379,952.49


Appropriation for Construction Repayment


475,011.38


95,058.89


308,201.18


Profit and Loss Balance


437,964.60


129,763.42


240,000.00


Bonds


251,000.00


11,000.00


898.79


Interest Accrued


1,255.73


356.94


$1,437,747.52


$1,623,346.67


$185,599.15


OPERATING REVENUE STATEMENT


Metered Sales to Private Consumers


1,097,780.04


74,052.09


Street Lighting Revenue


26,834.05


3,884.06


Other Municipal Revenue


19,190.52


1,499.04


REPORT OF TOWN ACCOUNTANT


353


Income Statement


Operating Revenue


1,143,804.61


79,385.19


Operating Expense


1,000,666.73


100,684.60


Net Operating Revenue


143,137.88


21,299.41


Merchandise and Jobbing Revenue


199.68


250.33


Interest Income


1,219.25


123.53


Miscellaneous Non-Operating Income


3,718.96


2,025.16


Gross Income


148,275.77


19,401.05


Interest on Bonds and Notes


5,958.29


659.55


Income Balance Transferred to Profit and Loss


142,317.48


18,741.50


Profit and Loss Statement


Credits


Credit Balance at Beginning of Year


443,420.22


Credit Balance Transferred from Income Account


142,317.48


585,737.70


Debits


Deductions from Surplus Balance Profit and Loss December 31, 1958


147,773.10


437,964.60


585,737.70


354


TOWN OF NORWOOD


OPERATING EXPENSE


Electric Energy Purchased


705,301.46


53,643.13


Operation:


Municipal Street Lamps


4,763.90


513.19


Transformer Station Labor


26,600.33


803.53


Transmission and Distribution Lines


22,690.69


1,713.96


Inspecting and Testing Meters


933.96


743.58


Removing and Resetting Meters


2,681.10


35.13


Removing and Resetting Transformers


6,781.42


5,480.56


Maintenance:


Transformer Station Structures


1,356.65


340.29


Transformer Station Equipment


10,417.44


5,208.52


Transmission and Distribution Lines


50,632.24


5,484.75


Underground Conduits


834.06


235.92


Underground Conductors


2,681.80


1,555.43


Consumers Meters


1,803.78


775.34


Transformers


391.15


46.88


UTILIZATION


Maintenance of Municipal Street Lights


5,636.40


1,847.45


Maintenance of Consumers Installations


3,232.72


4,051.44


COMMERCIAL


Salaries (Services by Other Departments)


33,386.81


9,486.81


Commercial Supplies and Expenses


9,052.16


2,270.82


Advertising


1,608.29


885.16


REPORT OF TOWN ACCOUNTANT


355


MISCELLANEOUS


Salary of Superintendent


9,172.80


852.80


Other General Department Salaries


38.69


354.91


Office Supplies and Expenses


9,183.39


4,385.68


General Office Rents


2,000.00


200.00


Insurance


1,428.44


325.26


Pensions


2,100.00


882.86


Transportation


4,067.78


630.18


Maintenance of General Structures


4,803.48


591.29


Depreciation


72,479.27


7,322.43


Miscellaneous General Expenses


4,606.52


2,900.66


Total Operating Expenses


$1,000,666.73


$100,684.60


356


TOWN OF NORWOOD


REPORT OF TOWN ACCOUNTANT


357


CEMETERY PERPETUAL CARE BEQUESTS 1958


Total of Bequests to January 1, 1958


$106,866.42


Received during the year 1958:


Lot No. Donor


2283 Elsie B. Johnson


$150.00


1168


Estate of Frank Babel


200.00


1169


2757


James A. Eppich


125.00


2610


Lydia Laakso


125.00


2258


Marion M. Johnson


125.00


2457


Martha Berkland


125.00


1005


Estate of Lemuel Chaisson


200.00


2742


Josefa Matulis


150.00


2743


1340


Estate of Francis P. Flood


125.00


419


Estate of George R. Heustis


125.00


Single Graves


3518


Lempi Helsten


$50.00


3519


1915


Adam Zemaitis


50.00


1916


1434 Anna R. Francis


25.00


$108,441.42


CONTRIBUTORY RETIREMENT-1958 Membership


Active Membership Dec. 31, 1957:


Group A-Male 128, Female 53


Group B-Male 59


Total 240


Enrolled during 1958:


Group A-Male 11, Female 8


Group B-Male 7


Total 26


Withdrawals, Deaths, Retirements:


Group A-Male 4, Female 3 Group B- Male 5 Total 12


Active Membership Dec. 31, 1958 Group A-Male 135, Female 58


Group B-Male 61


Total 254


Pensions


Inactive Membership Dec. 31, 1957: Group A-Male 23, Female 5 Group B-Male 1 Retirements during 1958: Group A-Female 1 Group B-Male 2


Total 29


Deaths during 1958:


Total


3


358


TOWN OF NORWOOD


Total 2


Group A-Male 2


Inactive Membership Dec. 31, 1958:


Group A-Male 21, Female 6


Total 30 Group B-Male 3


Total Active and Inactive Membership Dec. 31, 1958: Group A-Male 156, Female 64


Group B-Male 64


Total 284


CONTRIBUTORY RETIREMENT - 1958 Income


From Members:


Group A


$34,617.87


Group B


20,331.24


$54,949.11


From Town :


Appropriation to Pension Fund


43,130.00


Administration Expense


2,000.00


45,130.00


From Interest:


On Bonds and Stocks


15,894.77


On Deposits in Banks


3,736.12


19,630.89


$119,710.00


Disbursements


Annuity Payments :


Group A


4,772.00


Group B


329.40


5,101.40


Pension Payments:


Group A


42,078.92


Group B


10,840.65


52,919.57


Refunds :


Group A


13,556.47


Group B


3,472.16


Payments to Beneficiaries


3,496.48


20,525.11


Investments


56,043.75


Administration Expense :


Personal Services


1,515.56


Printing, Postage, Stationery


170.57


Medical Fees


140.00


New Equipment


354.60


Travel, Members Association Expense




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