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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