Norwood annual report 1960-1962, Part 64

Author: Norwood (Mass.)
Publication date: 1960
Publisher: The Town
Number of Pages: 1256


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Norwood Airport Commission


160


TOWN OF NORWOOD


REPORT OF BOARD OF APPEALS


Board of Selectmen


Norwood, Massachusetts


Gentlemen:


The following hearings and decisions were heard by the Board of Appeals during the year 1962:


FEBRUARY 1 Louis C. Wilmot - 184 Walpole Street


Variance granted to allow the construction of a house to be 131/2 feet from the side lot line instead of the required 15 feet.


MARCH 8 Adam Sidlauskas - 1407 Providence Highway Hearing was adjourned to March 29, 1962.


MARCH 29 Adam Sidlauskas - 1407 Providence Highway


It was unanimously voted by the Board to grant permission to the applicant to withdraw his application.


MAY 17 James B. Trask - 23 Fieldbrook Drive


Variance granted to allow the construction of a porch to the side of the house to be no closer than 9.5 feet from the side lot line.


MAY 17 William Bassy - 133 Berwick Place


Variance granted to allow the construction of an addition to the northerly side of the existing house to be 2912 feet from the front lot line.


MAY 17 Robert Orme, M.D. - 76 Beech Street


Variance denied to allow a non-conforming building to be used as a doctor's office with a 41%-foot frontage instead of the required 30 feet and a 3-foot setback from the sideline instead of the required 10 feet.


MAY 31 Alice P. Enos - 40 Walpole Street Hearing Held. Decision at later date.


JUNE 7 Arthur J. Forrest - 1150 Providence Highway Hearing held. Decision at later date.


JUNE 14 Alice P. Enos - 40 Walpole Street


Permit for an exception denied for the construction of a hospital, 54-bed sanitarium (to be used as a nursing-convalescent home).


JUNE 14 Arthur J. Forest - 1150 Providence Highway


Variance granted to allow the construction of a new, modern gas sta- tion, the nearest point to be no closer than 65 feet from the line after the original taking of 20 feet by the State for the expansion of Route 1, all of the sidelines to conform to the current zoning by-laws, all as shown on a plan attached to and made a part of the decision.


JUNE 14 Winfelt C. Eckhardt-173 Prospect Street


Variance granted to allow the subdivision of the lot so that lot #1 would have a minimum area of 8,046 square feet and a minimum front-


161


REPORT OF BOARD OF APPEALS


age of 65 feet and lot #2 would have a minimum area of 13,422 square feet and a minimum frontage of 105 feet both frontages applying 'to Pine Street with the following restriction: that any building or build - ings constructed on lot #1 comply in all respects to setbacks and sideline requirements of the current zoning by-laws.


JUNE 14 Zenon Pelletier - 12 Granite Street


Variance granted to allow the subdivision of the lot, as shown on the plan dated May 17, 1962 by Walter Ryan, one lot to have a 92-foot frontage and 8,271 square feet instead of the required 10,000 square feet.


JUNE 21 Cosmo Ruggiero - 37 West Street


Variance granted to allow the applicant to construct and maintain a building of the carport type consisting of a roof no higher than the existing garage supported by three wrought iron posts and of the dimensions shown on the plan submitted in conjunction with the petition.


AUGUST 9 Arthur E. and Eleanor M. Davis - 33 Wheelock Avenue Variance granted to allow the construction of a garage, the main wall of which to be no closer than 2 feet to the side lot line and 12 feet from the corner of the garage to the corner of the house. These measure- ments do not include normal overhang of the garage or porch steps leading to the house.


SEPTEMBER 6 Margaret L. Frazer - 136 Ellis Avenue Hearing held. Decision at later date.


SEPTEMBER 13 Margaret L. Frazer - 136 Ellis Avenue


Variance granted to allow the use of Lot B for permitted zoning pur- poses with a frontage of no less than 61.42 feet. Variance granted to permit the use of Lot A for permitted zoning uses with a minimum lot area of 8,794 square feet and with a frontage of no less than 68 feet.


NOVEMBER 15-Abraham Shagoury - 27 Sherwood Drive


Variance granted to allow the use of the present residential building on the lot in question even though a part of the porch is only 29.10 feet from Nottingham Drive.


NOVEMBER 15 Pittsburgh & New England Trucking Co. - 1407 Provi- dence Highway


Hearing Held. Decision at later date.


NOVEMBER 29 Bernard G. Sykes- 221 A Vernon Street


Variance granted to allow the location of a two-family home, no external wall of which is to be located nearer than 11 feet to the street line.


NOVEMBER 29 Fransim Trust-81 and 87 Winter Street


It was unanimously voted by the Board to grant permission to the applicant to withdraw the application.


DECEMBER 13 Norwood Nursing Home Inc. - 767 Washington Street Hearing held. Decision at later date.


162


TOWN OF NORWOOD


DECEMBER 27 Charles B. Pease - 38 Bird Road


Hearing held. Decision at later date.


DECEMBER 27 Raymond and Adeline Dias - 48 Berwick Street Hearing held. Decision at later date.


DECEMBER 27 Harris and Esta Stone - 73 Hoyle Street Hearing held. Decision at later date.


Respectfully submitted,


GEORGE S. WILLIAMSON, Chairman ARTHUR H. GLEICHAUF GEORGE J. DEVLIN


REPORT OF INSPECTOR OF ANIMALS


Board of Selectmen


Norwood, Massachusetts


Gentlemen:


The Inspector of Animals examined all cattle, sheep, goats, swine, and horses within the limits of the Town of Norwood in accordance with Chapter 129, Section 19 of the General Laws.


Purebred Grade


Number of dairy cows over two years


87


1


Number of dairy heifers one to two years


32


0


Number of dairy calves under one year


22


1


Number of bulls


4


0


Number of steers and oxen


3


0


Number of dairy herds


3


Number of horses


14


Number of goats


1


0


Number of sheep


15


0


Number of swine herds


1


Number of swine


39


0


There were one hundred and forty dogs quarantined under suspicion of having rabies.


Very truly yours,


BARTLEY J. KING Inspector of Animals


REPORT OF THE BOARD OF ASSESSORS


163


REPORT OF BOARD OF ASSESSORS


January 15, 1963


To the Citizens of Norwood:


The Board of Assessors herewith submit their annual report for the year 1962 together with a statement showing comparison of tax rate re- capitulations for the years 1961 and 1962.


A table showing the comparison of valuations, tax rates, and taxes assessed over the past years is attached herewith as a supplemental report.


Organization


On March 27, 1962, Thomas J. Foley was reappointed by the Selectmen to serve for the term of three years ending April 1, 1965.


Tax Rate for the Year 1962


On April 30, 1962, the Board of Assessors determined the tax rate for the year 1962 to be $63.00 per each one thousand dollars of valuation, the same rate as in 1961. The School Tax Rate was determined to be $28.30 and the General Tax Rate $34.70.


Motor Vehicle and Trailer Excise


10,237 motor vehicles and trailers were assessed for the year 1962 and excise in the amount of $431,041.57 was committed to the Collector of Taxes. The 1962 rate for motor vehicles and trailers was $66.00 per thousand.


Appellate Tax Board Cases


As of December 31, 1962 there were pending before the Appellate Tax Board the following appeals from valuations determined by the Assessors.


Year


No. of Appeals


1959


6


1960


4


1961


19


1962


1


-


Total


30


Respectfully submitted,


JAMES T. FLAHERTY, Chairman


HAROLD T. YOUNG


THOMAS J. FOLEY


Board of Assessors


TABLE OF AGGREGATES OF POLLS, PROPERTY, AND TAXES


Assessed under Date of May 1, for the Following Years: 1872, 1875, 1880, 1885, 1890, 1895, 1900, 1905 Assessed under Date of April 1, for the Following Years: 1910, 1915, 1920, 1925, 1930


Assessed under Date of January 1, for the Following Years: . 1935, 1940, 1945, 1950, 1955, 1960, 1961, 1962


Year


No. of


7,374


$2,036,250


$53,866,100


$55,902,350


$63.00


$3,536,596.05


89


48


5,689


4,979


1961


7,255


1,801,150


51,534,800


53,335,950


63.00


3,374,674.85


93


40


5,563


5,018


1960


7,145


1,727,900


48,200,500


49,958,400


64.00


3,211,627.60


90


44


5,403


5,163


1955


6,561


1,541,850


36,357,840


37,899,690


50.00


1,908,106.50


5


152


45


3,500


4,517


5,082


1950


5,581


1,464,850


26,551,480


28,026,330


39.90


1,129,422.99


5


158


24


3,000


3,233


5,076


1945


5,502


1,080,800


23,354,150


24,434,950


31.50


780,714.40


6


192


6


2,200


2,909


5,000


1940


5,232


1,008,350


22,048,760


23,057,110


33.40


780,571.47


12


191


11


3,450


2,736


5,550


1935


4,989


2,913,090


21,464,450


24,377,540


32.60


804,685.83


38


155


8


14


3,382


2,552


5,091.5


1930


4,678


3,770,169


23,262,712


27,032,881


29.00


793,309.56


42


198


7


9


2,540


2,510


6,096


1925


4,497


4,477,510


19,612,360


24,089,870


26.50


647,383.68


114


193


7


81


7


2,369


2,203


6,096


1920


3,716


4,158,640


14,488,848


18,647,488


18.00


354,234.78


147


335


15


86


9


1,438


1,904


6,096


1915


3,296


5,528,300


11,460,934


16,989,234


12.80


224,054.57


282


375


10


85


1


4,325


1,759


6,096


1910


2,545


5,614,895


8,418,385


14,033,280


9.20


134,196.17


370


358


17


70


14


375


1,286


6,130


1905


2,070


1,167,405


4,254,265


5,421,670


17.40


98,477.05


360


375


10


40


300


1,160


6,135


1900


1,670


892,595


3,584,214


4,476,809


18.00


83,922.56


397


328


10


20


1


890


1,069


6,151


1895


1,410


684,795


2,673,970


3,358,765


16.90


59,583.00


358


408


5


202


920


810


6,162


1890


1,096


513,373


2,051,085


2,564,558


16.60


45,398.36


300


410


17


84


698


6,200.5


1885


880


447,014


1,618,928


2,065,942


13.00


28,618.09


271


420


7


129


1


415


6,231


1875


551


448,633


1,343,867


1,792,500


11.80


22,195.81


198


365


354


6,255.5


1872


472


518,540


1,100,016


1,618,556


11.40


19,397.79


185


405


Other Neat


Cattle


Swine


Sheep


Fowl


Dwelling


Houses


Acres


of Land


Assessed


1962


Male Polls


Valuation


of Personal


Valuation


of 'Real


Estate


Total


Assessed


Valuation


Rate per


$1,000.00


Total Taxes


Assessed


22,486.32


240


382


1880


650


456,635


1,338,793


1,795,428


11.80


320


6,275


164


TOWN OF NORWOOD


511


6,216


Estate


Horses


Cows


Comparison of Tax Rate Recapitulations


1961


1962


Increase $379,343.48


Decrease


Appropriations by Taxation


$5,762,792.63


$6,142,136.11


1,403,884.41


1,336,066.96


Emergency Expenses Hurricane Donna 9/12/60


22,861.16


22,861.16


Emergency Expenses Snow and Ice Removal


10,742.16


12,678.73


1,936.57


Appropriations for Final Court Judgments


8,546.62


2,089.26


6,457.36


State Assessment System


842.08


995.92


153.84


State Parks and Reservations


19,698.18


16,513.01


3,185.17


State Audit of Municipal Accounts


398.86


6,162.46


5,763.60


State Examination of Retirement System


782.32


140.21


642.11


Metropolitan Water- Connection Charge


95,000.00


95.000.00


Metropolitan Water- Consumption Charge


88,030.00


88,342.40


312.40


Metropolitan Sewerage-South System


83,311.87


105,230.09


21,918.22


Mosquito Control, Norfolk County Project


6,674.13


7,153.16


479.03


County Tax and Tuberculosis Hospital Assessment


129,117.22


164,822.26


35,705.04


Overlay


93,922.86


95,748.26


1,825.40


Gross Amount to be Raised


$6,390,537.54


$8,140,896.28


$1,783,504.54


$33,145.80


Estimated Income Tax


$308,943.84


$307,853.70


$1,090.14


Estimated Corporation Tax


246,418.05


246,418.05


Estimated Motor Vehicle and Trailer Excise


320,000.00


350,000.00


30,000.00


Poll Tax


14,510.00


14,748.00


238.00


Free Cash in Treasury to Reduce Tax Rate


100,000.00


155,000.00


55,000.00


Public Service Enterprises


1,652,000.00


1,825,000.00


173,000.00


Other Estimated Receipts and Available Funds


388,500.80


1,720,028.48


1,331,527.68


Total Estimated Receipts and Available Funds Net Amount to be Raised by Taxation of Property Assessed Valuation 1961, $53,335,950.00 $63.00


$3,030,372.69


$4,619,048.23


$1,589,765.68


$1,090.14


$3,360,164.85


$3,521,848.05


Assessed Valuation 1962, $55,902,350.00 @ $63.00


$3,360,164.85


$3,521,848.05


165


REPORT OF THE BOARD OF ASSESSORS


Appropriations from Available Funds


67,817.45


166


TOWN OF NORWOOD


REPORT OF THE BUILDING INSPECTOR


Mr. Walter A. Blasenak


January 17, 1963


General Manger


Town of Norwood


Dear Sir:


The following is the annual report for the year ending December 31, 1962 of the Department of Building Inspector.


Classification


No. Permits


Estimated Cost $1,746,900.00


Dwelling Alterations


116


190,028.00


3 Family Dwellings


23


491,000.00


Commercial & Mfg. Bldgs.


12


666,000.00


Comercial Alterations


17


146,596.00


New Signs


25


35,854.00


24 Family Apartment


1


165,000.00


4 Family Dwelling


1


24,000.00


Private Garages


10


13,450.00


Municipal Bldg. Alterations


1


25,606.00


Minor Out Bldgs.


9


5,135.00


Commercial Garages


1


6,000.00


Swimming Pools


3


7,500.00


2 Family Dwellings


3


42,000.00


5 Family Dwellings


1


35,000.00


22 Unit Apartments


22


2,006,000.00


Demolitions


5


New Schools


1


440,000.00


Garage Additions


2


300.00


Temp. Dwelling


1


5,000.00


TOTAL


384


$6,051,369.00


The fees collected for Building Permits were $10,251.00, and the fees collected for Water Meters were $4,910.00.


All necessary inspections were made and buildings approved.


Occupancy permits were issued for all new houses which were first occupied during the year. These houses were given a final inspection by the Plumbing Inspector, the Wire Inspector, the Fire Department and the Building Inspector; after which certificates were issued. During this in- spection many minor defects were found and were corrected before certi- ficates were issued.


All elevators were inspected and certificates issued after repairs were made to elevators found defective.


Respectfully submitted,


HENRY J. CRONAN Building Inspector


New Dwellings


130


167


CAPITAL OUTLAY COMMITTEE REPORT


REPORT OF CAPITAL OUTLAY COMMITTEE


Mr. Walter A. Blasenak, General Manager, Municipal Building, Norwood, Mass.


January 17, 1963


Dear Sir:


During 1962 the Committee continued its study of the methods best suited to present to the Town Meeting Members the advice and information which will enable them to make such decisions on capital expenditures as will both maintain the financial stability of the Town and at the same time allow the acquisition of needed capital assets.


One phase of this study was Committee representation at a regional municipal finance conference, at which meeting it was learned that the data being presented by the Norwood Capital Outlay Committee compares favorably with that being presented by other similar committees, some of which have been in existence for over fifteen years.


The Committee mailed its Second Annual Report to Town Meeting Members in January 1962, and held a public hearing thereon in February 1962. A special report of recommendations was distributed at the November 1962 special town meeting.


The Committee's Third Annual Report, covering potential capital ex- penditures for the years 1963-1967 is as follows:


Third Annual Report of CAPITAL OUTLAY COMMITTEE


To Town Meeting Members:


During the next five years the Town of Norwood is going to be faced with a huge amount of proposed capital expenditures. The total may exceed $13,000,000, as compared with $6,900,000 appropriated over the past five years.


The principal items that may be brought up for consideration are the following:


New elementary school


$800,000


1964


New junior high school


2,000,000


1965


New elementary school


800,000


1966


Prescott school addition


280,000


1966


Senior high school addition


400,000


1967


Peabody school addition


400,000


1967


Library addition


375,000


1963


Light department additional capacity


200,000


1963


Light department stockroom garage


200,000


1964


New fire and police station


575,000


1963


Incinerator


1,200,000


1965


168


TOWN OF NORWOOD


The estimated funds available, assuming a stable tax rate over the next five years, are only $6,800,000 (see page 5), indicating either that we are headed into a period of heavy borrowing, with its later burden of interest costs; or, that you as Town Meeting Members must make a choice as to which items we really need, and which items must be postponed or elimi- nated; or, that we must accept a significant increase in the tax rate. The total potential capital expenditures by departments and year are shown on page 4.


All of the above major items will cause substantial amounts of additional and unavoidable operating expenses. The trend of revenue and operating expenses for the years 1957-1961 are presented on pages 6 and 7.


It may be that additional state taxes may be imposed in the future to take some of the pressure off rising school operating costs, but it is not likely that this will solve the problem of capital expansion.


This information is presented to you in a stark and condensed manner in the hope that it may startle you into the realization that the Town of Norwood is in need of a continuing program of long range capital schedul- ing, which it has never had, but which we are attempting to encourage.


The Town is in fact a big business, with annual expenditures reaching $7,000,000 a year. It can no longer be managed wisely by merely considering the current budget appropriations. All Town officials, boards, committees, department heads, and the Town Meeting Members must cooperate by con- sidering the current budget problems in light of the problems known to be forthcoming in the next few years.


Respectfully submitted.


THE CAPITAL OUTLAY COMMITTEE


WILLIAM J. L. LYNCH, Chairman GRAFTON J. CORBETT, Jr. ANDREW M. MONAHAN


A. FRANKLIN SWIFT


J. EDWARD BAMBER, Planning Board STEPHEN T. HEFFERAN, Finance Comm. C. LOTHROP RICH, Board of Selectmen THOMAS A. WHITE, School Committee HAROLD T. YOUNG, Board of Assessors


169


CAPITAL OUTLAY COMMITTEE REPORT


Departmental Summary of Major Capital Expenditures 1963-1967


The following totals have been reported to the Capital Outlay Committee as being potential capital expenditures during the next five years.


1963


1964


1965


1966


1967


Assessors


6,000


Airport-town share


13,000


8,000


13,000


6,000


Board of Health


2,000


Cemetery


11,000


15,000


17,000


Drain construction


28,000


324,000


50,000


50,000


50,000


Engineering department


6,000


Fire department


59,000


15,00


18,000


Library


375,000


6,000


10,000


Light department


407,000


303,000


104,000


100,000


101,000


Police department


27,000


6,000


6,000


8,000


6,000


Public works department


82,000


123,000


87,000


51,000


37,000


Road construction


S4,000


247,000


200,000


55,000


242,000


School department


180,000


950,000


2,140,000


1,080,000


800,000


Sewer construction


157,000


127,000


108,000


40,000


40,000


Sidewalks


30,000


30,000


30,000


30,000


30,000


Combina. fire-police sta.


575,000


Incinerator


1,200,000


Total New Items


2,178,000


2,261,000


4,000,000


1,448,000


1,316,000


Prin. pay. on current debt 266,000


266,000


231,000


206,000


200,000


Interest on current debt


94,000


86,000


79,000


71,000


64,000


MDC assessment


95,000


95,000


95,000


95,000


Grand Total


2,633,000


2,708,000


4,405,000


1,820,000


1,580,000


Estimated Data 1963-1967 Assuming A Stable Tax Rate


1963


1964


1965


1966


1967


Assessed values


57,500,000 59,000,000 60,000,000 60,800,000 61,500,000


Assumed tax rate (see note 1)


63.00


63.00


63.00


63.00


Receipts from real estate and


personal prop. taxes


3,550,000


3,650,000


3,700,000


3,750,000


3,800,000


Receipts from other sources


3,550,000


3,650,000


3,700,000


3,850,000


3,900,000


Total Receipts


7,100,000


7,300,000


7,400,000


7,600,000


7,700,000


Less operating expenses (see note 2)


5,800,000


5,900,000


6,000,000


6,300,000


6,700,000


Balance available for new capital expenditures and new debt service (see note 3)


1,300,000


1,400,000 1,400,000


1,300,000 1,000,000


Water construction


148,000


57,000


20,000


10,000


10,000


Parks and playgrounds


53,000


170


TOWN OF NORWOOD


NOTES


1. It is the expressed intention of your Town Officials to attempt to maintain a stable tax rate. In order to achieve this objective, the sound principles of financial management, which are enumerated on page 8, will have to be followed. Your Capital Outlay Committee will be available to advise you in this matter and will offer its recommendations when specific items come up for action at Town Meeting.


2. The above estimates of operating expenses reflect the normal growth factor in departmental operations plus current estimates of additional costs involved in the operation of new facilities.


3. In 1963 there will also be available $200,000 in the Stabilization Fund, and an estimated $200,000 of surplus revenue.


Summary of Actual Data 1957 - 1961


1957


1958


1959


1960


1961


Assessed valuation


43,762,000 45,692,000 47,599,000 49,958,000 53,336,000


Tax rate


56.00


60.00


63.00


64.00


63.00


Receipts from real estate


and personal property taxes


2,406,000


2,702,000


2,935,000


3,147,000


3,306,000


Receipts


from other


sources


(see page 7)


2,316,000


2,651,000


2,747,000


3,030,000


3,332,000


Total receipts


4,722,000


5,353,000


5,682,000


6,177,000


6,638,000


Operating expenses (see page 7)


3,835,000


4,360,000


4,471,000


4,839,000


5,153,000


Pay-as-you-go captial appropriations


502,000


565,000


779,000


493,000


732,000


Debt service


200,000


282,000


310,000


430,000


389,000


MDC assessment


95,000


95,000


95,000


95,000


95,000


Transfer to stabilization fund


25,000


25,000


200,000


320,000


Total operating expenses


and capital appropria- tions


4,632,000


5,327,000


5,680,000


6,057,000


6,689,000


Unexpended balances:


Surplus revenue end of


year


537,000


617,000


610,000


786,000


717,000


Pay-as-you-go capital accounts :


Balance beginning of


year


493,000


464,000


463,000


609,000


463,000


Appropriated


502,000


565,000


779,000


493,000


732,000


Spent


531,000


566,000


633,000


639,000


555,000


Unexpended balance


end of year


464,000


463,000


609,000


463,000


640,000


171


CAPITAL OUTLAY COMMITTEE REPORT


Borrowed funds:


Balance beginning of


year


280,000


1,341,000


464,000


1,836,000


1,212,000


Borrowed


1,490,000


350,000


1,660,000


Spent


429,000


1,227,000


288,000


624,000


625,000


Unexpended balance


end of year


1,341,000


464,000


1,836,000


1,212,000


587,000


Stabilization fund:


Balance beginning of year


25,000


50,000


250,000


Amount added to fund


25,000


25,000


200,000


320,000


Spent


Unexpended balance


end of year


25,000


50,000


250,000


570,000


Outstanding debt: (excluding MDC assessment)


Balance beginning


of year


874,000


2,181,000


2,314,000


3,733,000


3,423,000


Funds borrowed


1,490,000


350,000


1,660,000


Principal repaid


183,000


217,000


241,000


310,000


278,000


Balance end of year


2.181,000


2,314,000


3,733,000


3,423,000


3,145,000


Balance due at end of


year on MDC assessment 855,000


760,000


665,000


570,000


475,000


Details of Actual Data 1957 - 1961


1957


1958


1959


1960


1961


Receipts from other sources :


Poll and motor vehicle


excise taxes


286,000


320,000


296,000


340,000


399,000


Income and corporation


taxes


431,000


424,000


522,000


536,000


566,000


Light department


1,055,000


1,131,000


1,220,000


1,335,000


1,526,000


Water department


205,000


256,000


318,000


318,000


308,000


Education - regular


82,000


77,000


91,000


103,000


105,000


Education


school construction


31,000


23,000


45,000


48,000


Welfare - Com. of Massachusetts


87,000


96,000


111,000


108,000


99,000


Miscellaneous


170,000


316,000


166,000


245,000


281,000


TOTAL


2,316,000


2,651,000


2,747,000


3,030,000


3,332,000


Operating expenses:


General government


191,000


224,000


231,000


259,000


277,000


Protection


police and fire


486,000


535,000


544,000


563,000


598,000


Health


64,000


73,000


79,000


81,000


81,000


Sanitation


82,000


77,000


79,000


60,000


48,000


172


TOWN OF NORWOOD


Highways, including public


works, department


230,000


255,000


233,000


285,000


297,000


Welfare


210,000


215,000


232,000


222,000


275,000


Education


1,089,000


1,220,000


1,469,000


1,592,000


1,717,000


Parks & playgrounds


66,000


81,000


83,000


73,000


79,000


Retirement


35,000


45,000


47,000


54,000


62,000


Library


60,000


63,000


73,000


72,000


78,000


Light department


820,000


935,000


919,000


999,000


1,100,000


Water department


95,000


82,000


76,000


56,000


63,000


Cemeteries


34,000


51,000


50,000


49,000


52,000


Agency, including county


tax and MDC water


&


sewer charges


208,000


369,000


305,000


324,000


329,000


Miscellaneous


165,000


135,000


51,000


150,000


97,000


TOTAL


3,835,000


4,360,000


4,471,000


4,839,000


5,153,000


Factors in Sound Financial Planning


1. Wise use of the Stabilization Fund as a prime financial tool will result in lower debt charges and aid in attaining a reasonable tax burden.


2. The total outstanding debt should be at a level below 5% of the assessed valuations, and if possible, should not extend beyond a ten year period.


3. Capital items costing less than $100,000 should be financed out of current revenues. Larger amounts that must be borrowed should be planned to require debt service (principal and interest) of between $50,000 and $100,000 per year.


4. Operating expenses, the chief part of the Town's budget, must be carefully controlled if the necessary capital items are to be acquired with a minimum impact on the tax rate.


5. Efforts should be made through the cooperation of all Town boards and officials to create a capital outlay program with advance scheduling of necessary items.


6. Norwood can afford, with reasonable sacrifice, to acquire and operate the capital items it needs during the next five years, but it cannot afford marginal or unnecessary projects, no matter how attractive they may appear.


Composition and Function of The Capital Outlay Committee


The Capital Outlay Committee was created by action of Town Meeting on March 19, 1959. The Committee consists of nine members as follows:


1. One member to be designated by and from each of the Board of Selectmen, Finance Commission, Planning Board, Board of Assessors, and School Committee.


2. Four members appointed by the Town Moderator, such appointments having been made from members of the Town Meeting.




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