USA > Massachusetts > Middlesex County > Somerville > Report of the city of Somerville 1932 > Part 6
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The surety bonds given by the treasurer and collector, his deputies, and cashier for the faithful performance of their duties were examined and found to be in proper form.
The records of the several departments committing bills for collection were examined and reconciled with the auditor's books.
Appended to this report are tables showing the summaries of the tax and assessment accounts, together with departmental accounts receivable.
Mayor's Department .- The recorded receipts representing fees for amusement licenses, etc., were examined, the payments to the treasurer were checked by a comparison with the treas- urer's and the auditor's books, the cash on hand being verified by an actual count.
City Clerk's Department .- The records of Council orders pertaining to appropriations and loan authorizations were in- spected and checked with the auditor's books.
The records of receipts on account of hunting and fishing and dog licenses, city licenses, marriage intentions, and record- ing fees were examined, the recorded payments to the treasurer were verified by a comparison with the treasurer's and the audi- tor's books, the disbursements for advertising and refunds were checked with the receipts on file, and the cash was verified by an actual count, the bank balances being reconciled with state- ments furnished by the banks.
In addition to $44.29 deposited in a closed bank, a cash variation, due from the city clerk, was found amounting to $25.70.
License Commission .- The records and accounts of the sec- retary of the License Commission were examined and checked for the period from May 22, 1929, to November 2, 1932. The pay- ments to the treasurer were verified by a comparison with the treasurer's and auditor's books and the cash on hand was veri- fied by an actual count, the bank balance being reconciled with
111
DIRECTOR OF ACCOUNTS
a statement furnished by the bank. In reconciling the cash on hand November 2, 1932, a discrepancy amounting to $181.00 was found.
It was noted that the secretary has not paid over to the treasurer at any one time the receipts of licenses granted at that time, and in some cases did not make payments for several months. In addition, it was noted that the secretary refunded fees for applications not granted.
It is recommended that all receipts be paid directly to the treasurer and that refunds be made by the treasurer on pro- perly approved warrants.
The discrepancy of $181.00, together with other cash on hand November 2, 1932, was paid over to the treasurer on December 1, and 20, 1932, the account being as follows :
Cash on hand November 2, 1932 $61.85
Due from secretary November 2, 1932
181.00
Applications, etc., November 2 to Decem- ber 20, 1932
71.00
Unclaimed refunds
10.50
$324.35
Payments to treasurer:
December 1, 1932
$224.50
December 20, 1932
99.85
324.35
Building Department .- The books and accounts of this de- partment representing fees for building, plumbing, and gas per- mits, elevator licenses, and receipts from shower baths and bath-houses, together with applications on account of the Board of Appeals, were examined and checked, the payments to the treasurer were verified by a comparison with the treasurer's and the auditor's books, and the cash on hand was verified by an actual count. As in other departments, it was noted that the cash has not been paid over, as received, to the treasurer, re- funds being made by the department. It is recommended that all receipts be paid directly to the treasurer and that refunds be made on a warrant.
Election Commission .- The recorded receipts for voters' certificates, etc., were examined and checked, and the payments to the treasurer were verified by a comparison with the treas- urer's and the auditor's books.
Police Department .- The records of receipts for revolver permits, etc., were examined, the payments to the treasurer were compared with the records of the treasurer and the audi- tor, and the cash on hand was verified by an actual count.
112
ANNUAL, REPORTS
Fire Department .- The records of receipts for fuel oil per- mits were examined, and the payments to the treasurer were compared with the records in the treasurer's office and with the auditor's books. No records of permits for the sale of fireworks were found, and the clerk stated that whatever fees were received were used by the department. All money received should be paid over to the treasurer and properly reported.
Sealer of Weights and Measures .- The records of charges for sealing and adjusting weights and measures were examined and checked. It was noted that the sealer does not make pay- ments to the treasurer in accordance with the provisions of Section 34, Chapter 98, General Laws, which reads, in part, as follows: "-They shall account for and pay into their city or town treasuries monthly all fees received - יי ..
Electrical Department .- The records of receipts for per- mits issued were examined and checked, the payments to the treasurer being verified by a comparison with the treasurer's and the auditor's books and the cash on hand being verified by an actual count.
Health Department .- The records of receipts on account of milk, oleomargarine, manicure. and other licenses, together with dental clinic receipts, were examined, the payments to the treasurer were verified by a comparison with the treasurer's and the auditor's books, and the cash on hand was verified by an actual count.
Public Welfare Department .- The records of the cash re- ceipts of the City Infirmary were checked and verified by a com- parison with the treasurer's and the auditor's books.
School Department .- The records of receipts on account of the vocational school for boys, the continuation school, the household arts school, and the evening school were examined and checked.
It was found that no cash book is kept in the office of the superintendent, and it was necessary to check all items to let- ters and receipts on file. It is recommended that a cash book be installed ánd that all transactions be recorded, so that proper information may be had of all receipts of this department.
In examining the accounts of the vocational school for boys, it was found that the receipts are turned over daily to the principal of the school, who deposits them in his personal bank account and pays them over to the superintendent monthly. It
113:
DIRECTOR OF ACCOUNTS
is recommended that these receipts be turned over to the super- intendent daily.
In the previous audit, deposits in a savings bank represent- ing the balance of receipts, etc., of the vocational school for girls was found, and it was recommended that this account be- paid over to the city treasurer, but it was noted during this audit that no action had been taken in the matter. This account was examined and the balance has been paid over to the city treasurer since the date of this audit.
In the examination of the accounts of the continuation school, it was noted that the funds are kept in the personal ac- counts of the instructor, and it is recommended that these re- ceipts be paid over to the superintendent daily.
Considerable difficulty was encountered in the examination: of the deposits, etc., of the evening school because of the lack of proper records. It is recommended that a detailed record of these receipts be kept, that the receipts be turned over to the superintendent daily and paid to the city treasurer, and that all refunds be made on a warrant.
Library Department .- The records of receipts on account of deposits, fines, etc., were examined, and the recorded pay- ments were verified by a comparison with the treasurer's and the auditor's books, the cash on hand being verified by an actual count.
Water Department .- The commitments of water rates, etc., were examined and verified with the books in the auditor's of- fice, and the payments to the treasurer were compared with the treasurer's and the auditor's books. The abatements and re- funds were checked with the records in the water department.
Surety Bonds .- The surety bonds given by the city clerk,. assistant city clerk, and the treasurer of the retirement board for the faithful performance of their duties were examined and found to be in proper form.
For the courtesies extended by the various ctiy officials and employees during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation.
Respectfully submitted,
EDWARD H. FENTON,
Chief Accountant ..
114
ANNUAL REPORTS
CITY OF SOMERVILLE Balance Sheet-September 3, 1932 REVENUE ACCOUNTS
Assets
Cash:
$260,761.41
General, in Office and Banks
Advances for Petty Disbursements-
Executive
300.00
City Messenger
300.00
Public Welfare
50.00
City Infirmary
600.00
Soldiers' Benefits
200.00
Schools
1,650.00
$262,411.41
Accounts Receivable :
Taxes-
Levy of 1929
9,516.39
Levy of 1930
163,624.13
Levy of 1931
29,372.00
Levy of 1932, Polls
203,873.97
Old Age Assistance Taxes-
Levy of 1931
14,870.00
Levy of 1932
21,286.00
Motor Vehicle Excise Taxes-
Levy of 1929
13,522.96
Levy of 1930
18,425.62
Levy of 1931
36,871.67
Levy of 1932
79,303.87
Special Assessments-
Street Sprinkling,
1930
1,667.46
1931
$1,687.08
Unapportioned Sidewalks
$620.88
Sidewalks Added to Taxes 1931 ...
112.51
733.39
Unapportioned Better-
$454.34
ments
Betterments Added to
235.60
689.94
3,110.41
Committed Interest -·
$14.61
Sidewalk Assessments
92.30
Betterment Assessments
106.91 31,529.15
Tax Titles Departmental-
Taxes 1931
...
$200.00
$1,361.45
$6,416.00
$10,483.62
$19.62
115
DIRECTOR OF ACCOUNTS
Liabilities and Reserves
Temporary Loans :
Anticipation of Revenue-1932
$3,200,000.00 6.00
Reserve for Petty Cash Advances
1,650.00
Accounts Payable
55,672.85
Trust Fund Income:
S. Newton Cutler School Fund
$255.41
Caroline O. Baker School Fund
13.50
Sarah Winslow Fox School
9.88
Sarah L. Graves Library Fund
27.86
S. Newton Cutler Library Fund
52.25
Martha R. Hunt Library Art Fund
133.19
Martha R. Hunt Library Book Fund
257.75
Isaac Pitman Library Art Fund
202.68
Isaac Pitman Library Book Fund
51.42
Francis Wilder Library Fund
10.21
Buffam Memorial Library Fund
54.52
Thomas J. Buffum Library Fund
3.59
Eunice M. Gilmore Library Fund
125.85
Olive C. Cummings Welfare Fund
1,071.40
2,269.51
Smith-Hughes Fund
......
$2,936.08
George Reed Fund
120.07
3,056.15
Tailings
83.11
Sale of Land
$243.51
Sale of Buildings
1,575.00
1,818.51
Accrued Interest on Bonds
4,726.15
Revenue for Outlays
18,936.94
Revenue Appropriation Balances
1,755,835.25
Reserve Fund-Overlay Surplus
11,717.99
Overlays Reserved for Abatement of Taxes:
Levy of 1929
$1,361.45
Levy of 1930
9,516.39
Levy of 1931
2,242.39
13,120.23
Revenue Reserved Until Collected:
Motor Vehicle Excise Tax
$79,303.87
Special Assessment
3,110.41
Committed Interest
106.91
Tax Title
31,529.15
Departmental
168,523.32
Water
47,427.02
Reserve for Deposits in Closed Banks
330,000.68 136,167.48
Special State Tax-Old Age Assistance
116
ANNUAL REPORTS
Health $1,682.98
Contagious Hospital
14,045.50
Inspection Milk and Vinegar
316.50
Sanitation
814.88
Highway
252.47
Public Welfare
86,041.59
City Infirmary
3,433.85
Soldiers' Relief
99.20
Schools
7,461.78
Commonwealth of Massachusetts-
Old Age Assistance $37,278.24
State Aid
13,063.58
Military Aid
3,892.75
Soldiers' Burial
140.00
54,374.57
168,523.32
Water-
Rates 1929-Metered
$9.15
Rates 1930-Monthly
31.30
Rates 1930-Metered
29.25
Rates 1931-Monthly
505.05
Rates 1931-Metered
618.29
Rates 1932-Monthly
19,755.70
Rates 1932-Metered
25,390.88
Additional Rates
60.25
Maintenance
1,027.15
$47,427.02
Revenue Appropriations $5,290,703.79
Less Estimated Receipts Collected 640,073.00
Overdrawn Accounts, to be Provided for:
County
$295.13
Overlay 1932
302.00
597.13
Revenue Deficit
66,260.87
$5,535,060.85
NON -- REVENUE ACCOUNTS
Cash:
In Office and Banks
$242,127.62
Outlays from Revenue
18,936.94
$261,064.56
4,650,630.79
117
DIRECTOR OF' ACCOUNTS
$5,535,060.85
Accounts Payable Non-Revenue Appropriation Balances
$47,247.72
213,816.84
$261,064.56
118
ANNUAL REPORTS
DEFERRED ACCOUNTS
Apportioned Sewer Assessments Not Due $66.58 ........ Apportioned Sidewalk Assessments Not Due .... 2,631.18
Apportioned Betterment Assessments Not Due 21,357.49
DEBT ACCOUNTS
$3,719,000.00 Net Funded or Fixed Debt
$24,055.25
$3,719,000.00
119:
DIRECTOR OF ACCOUNTS
Apportioned Sewer Assessment Revenue:
Due 1932.
$16.64
1933
16.64
1934
16.65
1934
16.65
$66.58
Apportioned Sidewalk Assessment Revenue:
Due 1932
$551.75
1933
493.71
1934
417.41
1935
310.94
1936
256.55
1937
231.02
1938
187.31
1939
130.83
1940.
34.00
1941
17.66
2,631.18.
Apportioned Betterment Assessment Revenue:
Due 1932
$3,838.46
1933
3,630.20
1934
2,764.10
1935
2,370.42
1936
2,255.90
1937
2,250.31
1938
2,174.36
1939
1,866.46
1940
103.64
1941
103.64
21,357.49'
$24,055.25
Inside Debt Limit:
City Hall Addition Loans
$86,000.00
Public Building Loan
44,000.00
Garage Loan
40,000.00
Additional Fire Equipment Loan
78,000.00
Sewer Loans
65,000.00
Highway Loans
446,000.00
Bridge Loan
17,000.00
School Loans
2,218,000.00
$2,994,000.00*
Outside Debt Limit:
Police Station Loan
$225,000.00
Northern Traffic Artery Loan
400,000.00
School Loan
100,000.00
725,000.00
$3,719,000.00
120
ANNUAL. REPORTS
TRUST AND INVESTMENT ACCOUNTS
Trust Funds, Cash and Securities :
In Custody of Treasurer $45,242.48
Investment Funds, Cash and Securities :
In Custody of Treasurer 74,985.74
$120,228.22
121
DIRECTOR OF ACCOUNTS
Public Welfare Funds:
Olive C. Cummings Fund
$1,751.45
School Funds :
S. Newton Cutler Fund
5,322.22
Sarah W. Fox Fund
401.38
Caroline O. Baker Fund
300.00
J. Frank Wellington Fund
2,000.00
Library Funds :
Buffum Memorial Fund
1,000.00
Thomas J. Buffum Fund
2,020.00
Eunice M. Gilmore Fund
2,000.00
Isaac Pitman Art Fund
4,665.75
Isaac Pitman Book Fund
1,166.45
Francis A. Wilder Children's Fund
100.00
Martha R. Hunt Book Fund
14,105.25
Martha R. Hunt Art Fund
1,299.77
S. Newton Cutler Fund
1,064.45
Sarah L. Graves Fund
400.00
J. Frank Wellington Fund
4,000.00
Recreation Funds :
Mary A. Haley Fund
3,645.76
$45,242.48
Investment Funds:
Municipal Building Insurance Fund
$20,184.28
Retirement Fund
54,801.46
74,985.74
$120,228.22
122
ANNUAL REPORTS
REPORT OF THE TREASURER AND COLLECTOR OF TAXES
Somerville, Mass., April 1, 1933.
To the Honorable, the Mayor and the Board of Aldermen of the City of Somerville :
Gentlemen :
I herewith present the annual report of the City Treasurer and Collector of Taxes for the year 1932.
Respectfully submitted,
JOSEPH L. MURPHY,
City Treasurer and Collector of Taxes.
123
TREASURER AND COLLECTOR OF TAXES
CASH STATEMENT
Receipts
$10,234,880.14
Cash Balance
Jan. 1, 1932 381,606.64
Dec. 31, 1932 .. 403,666.07
$10,616,486.78
$10,616,486.78
The Assessors' warrant for the tax levy, assessed upon polls and property April 1, 1932, the Motor Vehicle Excise and Old Age Assistance Tax Warrants amounted to $5,218,985.83.
Real Estate Valuation:
Land
$27,148,950.00
Buildings
89,091,550.00
$116,240,500.00
Personal
7,045,000.00
Total Valuation
$123,285,500.00
At rate of $40.10
4,943,748.55
Polls, 31,785 at $2.00
63,570.00
Street Sprinkling
48,751.56
Total on polls and property
$5,056,070.11
Assessments :
Apportioned Betterments
$3,838.46
Unapportioned Betterments
454.34
Apportioned Sidewalk
551.75
Unapportioned Sidewalk
620.88
Apportioned Sewer
16.64
Interest Apportioned Ass'ts.
1,418.90
Interest Unapportioned Ass'ts.
51.49
$6,952.46
Motor Excise:
Commitment 1
$65,502.37
2
46,979.32
3
8,299.80
4
3,321.77
$124,103.26
Carried forward
$5,187,125.83
1
Payments
$10,212,820.71
Cash Balance
124
ANNUAL REPORTS
Brought forward ...... $5,187,125.83
Old Age Assistance Tax:
Commitment 1
31,205.00
2
401.00
3
124.00
4
125.00
5
5.00
$31,860.00
Total Commitment by Assessors
$5,218,985.83
TAXES
1928 $1.97
1929 $2,144.69
1931 $31,413.51 $1,187,264.11
1932
Total
Balance December 31, 1931
$1,220,824.28
Committed, 1932
22.00 $5,007,318.55 5,007,340.55
Refunds
293.00
2,760.44
Recharged
3.71
10.02
4.00
20.08
1,828.51 .26
4,881.95 38.07
Total charges
$5.68
$2,154.71
$31,710.51 $1,190,066.63 $5,009,147.32 $6,233,084.85
Collected
$173.79
$13,848.87 $1,046,785.19 $2,973,628.31 $4,034,436.16
Abated
$5.68
662.00
481.61 8,488.00
9,748.73
22,588.69
33,486.71
Tax Title Account
85,499.06
93,937.06
Total credits
$5.68
$835.79 $1,318.92
$22,818.48 $1,141,982.98 $2,996,217.00 $4,161,859.93 $8,892.03 $48,083.65 $2,012,930.32 $2,071,224.92
Balance December 31, 1932
..
TREASURER AND COLLECTOR OF TAXES
125
1930
MOTOR VEHICLE EXCISE TAXES
1932
Balance December 31, 1931
1929 $10,687.64
1930 $14,707.30
1931 $31,279.73 212.88
$124,103.26 2,548.06
Total $56,674.67 124,316.14 2,750.12
Refunds ..
202.06
Recharge
42.89
29.91
72.80
Total charges
$10,687.64
$14,750.19
$31,724.58
$126,651.32
$183,813.73
Collected
$371.51
$1,530.61
$15,066.07
$87,637.69
$104,605.88
Abated
2.00
506.23
4,497.71
5,005.94
Total credits
$371.51
$1,532.61
$15,572.30
$92,135.40
$109,611.82
Balance December 31, 1932
$10,316.13
$13,217.58
$16,152.28
$34,515.92
$74,201.91
ANNUAL REPORTS
126
Committed, 1932
....
127
TREASURER AND COLLECTOR OF TAXES
OLD AGE ASSISTANCE TAX
1931
1932
Total
Balance December 31, 1931
$10,119.00
Committed, 1932
11.00
$31,860.00
$10,119.00 31,871.00
Refunds
9.00
1.00
10.00
Total charges
$10,139.00
$31,861.00
$42,000.00
Collected
$4,014.00
$22,424.00
$26,438.00
Abated
427.00
.......
427.00
Total credits
$4,441.00
$22,424.00
$26,865.00
Balance December 31, 1932
$5,698.00
$9,437.00
$15,135.00
128
STREET SPRINKLING ASSESSMENTS
1929
1930
1931
1932
Total
Balance December 31, 1931
$8.12
$319.04
$15,129.94
$15,457.10
Committed
$48,751.56
48,751.56
Refunds
4.50
63.72
68.22
Recharge
1.84
1.84
Total charges
$8.12
$320.88
$15,134.44
$48,815.28
$64,278.72
Collected
$175.56
$13,657.96
$29,266.47
$43,099.99
Abated
26.58
29.58
193.80
249.96
Tax Title Account
118.74
1,299.30
1,418.04
Adjustments
8.12
8.12
Totals credits
$8.12
$320.88
$14.986.84
$29,460.27
$44,776.11
Balance December 31, 1932
..
$147.60
$19,355.01
$19,502.61
ANNUAL REPORTS
..
. .
... ...
BETTERMENT ASSESSMENTS
Balance December 31, 1931 Committed
Highway 1931 $2,014.68
Sidewalk 1931 $2,016.77
Sidewalk 1932
Totai
$995.03
$4,031.45 $995.03
Total charges
$2,014.68
$2,016.77
$995.03
$5,026.48
Collected
$523.64
$968.03
$1,491.67
Apportioned
1,036.70
427.86
1,464.56
Committed to 1932 taxes
454.34
620.88
1,075.22
Totals credits
$2,014.68
$2,016.77
$4,031.45
Balance December 31, 1932
$995.03
$995.03
..
..
TREASURER AND COLLECTOR OF TAXES
129
130
ASSESSMENTS IN TAXES .1930
Balance December 31, 1931 Committed
Highway App'd. $34.93
Hlighway Unapp'd. $116.72
Committed Interest
Total
$22.24
$173.89
Total charges
$34.93
$116.72
$22.24
$173.89
Collected
$34.93
$16.70
$51.63
Tax Title Account
116.72
5.54
122.26
Total credits
$34.93
$116.72
$22.24
$173.89
.......
..
ANNUAL REPORTS
ASSESSMENTS IN TAXES 1931
Highway App'd.
Sidewalk App'd.
Sidewalk Unapp'd. $619.95
Sewer App'd. $16.64
Interest $721.92
Total
Balance December 31, 1931
$2,123.24
$197.69
Adjustments
6.94
56.92
$3,679.44 63.86
Total charges
$2,130.18
$254.61
$619.95
$16.64
$721.92
$3,743.30
Collected
$1,967.85
$216.86
$481.33
$16.64
$634.77
$3,317.45
Tax Title Account
162.33
30.81
81.70
87.15
361.99
Adjustments
6.94
56.92
63.86
Total credits
$2,130.18
$254.61
$619.95
$16.64
$721.92
$3,743.30
TREASURER AND COLLECTOR OF TAXES
131
132
ASSESSMENTS IN TAXES, 1932
Committed
Highway $4,292.80 1,531.91
Sidewalk $1,172.63 439.44
Sewer $16.64
Interest $1,470.39 589.88
Total $6,952.46 2,561.23
Collected
Balance December 31, 1932
$2,760.89
$733.19
$16.64
$880.51
$4,391.23
ANNUAL REPORTS
WATER DEPARTMENT ACCOUNTS
Metered
Commercial Metered
Service Maintenance Assessments
Additional
Total
Balance December 31, 1931 Committed
$4,715.81 253,066.40 1.50
$7,067.10 198,284.84
$777.77 3,873.91 2.00
$955.94
$60.45 167.12
$12,621.13 456,348.21 3.50
Refunds
Total charges
$257,783.71
$205,351.94
$4,653.68
$955.94
$227.57
$468,972.84
Collected
250,416.12
197,761.54
3,677.66
955.94
167.32
452,978.58
Abated
197.95
181.20
18.00
397.15
Total credits
$250,614.07
$197,942.74
$3,695.66
$955.94
$167.32
$453,375.73
Refunds
15.88
2.00
17.88
$250,598.19
$197,942.74
$3,693.66
955.95
167.32
$453,357.85
Balance December 31, 1932
7,185.52
7,409.20
960.02
60.25
15,614.99
Committed January 1933
24,840.54
18,655.25
43,495.79
$32,026.06
$26,064.45
$960.02
$60.25
$59,110.78
..
TREASURER AND COLLECTOR OF TAXES
133
134
DEPARTMENTAL ACCOUNTS FOR COLLECTIONS
Balance Dec. 31, 1931
Committed
Total
Abated
Collected
Balance
Health Department
$2,710.74
$14,089.82
16,800.56
53.08
3,044.66
13,702.82
Insp. Milk & Vinegar
363.00
2,237.00
2,600.00
2,318.00
282.00
Sanitary Department
517.43
400.00
917.43
102.55
814.88
Sanitary Bldgs.
625.35
625.35
523.00
102.35
Highway Maintenance
253.24
3,466.17
3,719.41
222.45
3,417.38
79.58
Welfare Misc. (Com. of Mass.)
23,673.55
161,912.98
185,586.53
2,548.94
122,938.97
60,098.62
Welfare Miscellaneous
53,614.98
113,986.04
167,601.02
2,194.85
33,355.62
132,050.55
Welfare, City Home
1,204.99
7,778.38
8,983.37
4,847.69
4,135.68
School Department
7,849.68
26,665.87
34,515.55
5,942.24
20,133.82
8,439.49
School Buildings
198.05
198.05
198.05
Old Age Assistance
37,485.24
37,485.24
207.00
37,238.24
40.00
Soldiers' Relief
.75
751.70
752.45
590.05
162.40
Contagious Hospital
10,034.36
10,969.00
21,003.36
848.50
6,620.36
13.534.50
$100,222.72
$380,565.60
$480,788.32
$12,017.06
$235,328.39
$233,442.87
ANNUAL REPORTS
..
..
135.
TREASURER AND COLLECTOR OF TAXES
TEMPORARY LOANS
In Anticipation of Revenue
Balance from 1931
$1,300,000
Revenue Notes of 1932
$3,800,000 200,000
(Renewals)
4,000,000
5,300,000
Paid during 1932
3,100,000
Balance December 31, 1932
$2,200,000
136
ANNUAL REPORTS
The funded debt December 31, 1932 was $3,626,000.00 class- ified as follows :
Beyond limit fixed by law
Within limit
Total
Lowell Street Bridge at 31/2 per cent
$17,000.00
Sewer at 31/2 per cent
10,000.00
Sewer at 4 per cent
44,000.00
Sewer at 41/4 per cent
11,000.00
Highway at 4 per cent
196,000.00
Highway at 41/2 per cent
250,000.00
City Hall Addition at 4 per cent
8,000.00
City Hall Addition at 41/4 per cent
70,000.00
Public Buildings at 4 per cent
24,000.00
Public Buildings at 41/2 per cent
20,000.00
Schoolhouse at 4 per cent
445,000.00
High School at 31/2 per cent
450,000.00
High School at 4 per cent
476,000.00
Southern Junior High School at 31/2 per cent ..
51,000.00
Southern Junior High School at 4 per cent ..
427,000.00
Western Junior High School at 31/2 per cent ....
71,000.00
Western Junior High School at 4 per cent.
270,000.00
Municipal Garage at 43/4 per cent
40,000.00
Fire Department Equipment at 434 per cent
78,000.00
Northern Traffic Route at 41/2 per cent
$350,000.00
Elementary School at 4 1/2 per
cent
93,000.00
Police Station at 514 per cent ....
225,000.00
$668,000.00 $2,958,000.00 $3,626,000.00
137
TREASURER AND COLLECTOR OF TAXES
YEARLY BOND MATURITIES WITH INTEREST
Date Due
Principal
Interest
Total
1933
$334,000.00
$147,050.00
$481,050.00
1934
333,000.00
133,235.00
466,235.00
1935
326,000.00
119,542.50
445,542.50
1936
302,000.00
106,151.25
408,151.25
1937
302,000.00
93,601.25
395,601.25
1938
281,000.00
81,447.50
362,447.50
1939
280,000.00
69,890.00
349,890.00
1940
229,000.00
58,370.00
287,370.00
1941
208,000.00
49,137.50
257,137.50
1942
207,000.00
40,725.00
247,725.00
1943
154,000.00
32,990.00
186,990.00
1944
131,000.00
26,938.75
157,938.75
1945
131,000.00
21,506.25
152,506.25
1946
130,000.00
16,073.75
146,073.75
1947
122,000.00
10,716.25
132,716.25
1948
57,000.00
6,057.50
63,057.50
1949
46,000.00
3,792.50
49,792.50
1950
45,000.00
1,985.00
46.985.00
1951
6,000.00
212.50
6,212.50
1952
2,000.00
47.50
2,047.50
$3,626,000.00 $1,019,470.00 $4,645,470.00
138
BOND INTEREST DUE IN 1933
January
April 297.50
July
October
Total
Lowell Street Bridge
Sewer
360.00
928.75
360.00
772.50
2,421.25
Highway
3,920.00
5,625.00
3,920.00
5,062.50
18,527.50
Buildings
770.00
160.00
690.00
80.00
1,700.00
Schoolhouse
3,300.00
5,600.00
3,000.00
5,280.00
17,180.00
City Hall Addition
1,647.50
1,647.50
3,295.00
High School
17,395.00
17,395.00
34,790.00
Northern Traffic Route
7,875.00
7,875.00
15,750.00
Southern Junior High School
8,540.00
892.50
8,540.00
840.00
18,812.50
Western Junior High School
6,642.50
6,572.50
13,215.00
Elementary School
2,092.50
2,092.50
4,185.00
Municipal Garage
950.00
902.50
1,852.50
Police Station
5,906.25
5,512.50
11,418.75
Fire Department Equipment
1,852.50
1,472.50
3,325.00
$41,141.25
$33,613.75
$40,320.00
$31,975.00
$147,050.00
ANNUAL REPORTS
BONDS DUE IN 1933
January
July
October
Total $1.000.00
Sewer
6,000.00
14,000.00
Highway
32,000.00
57,000.00
Buildings
4,000.00
6,000.00
14,000.00
Schoolhouse
15,000.00
12,000.00
43,000.00
City Hall Addition
8,000.00
8,000.00
High School
61,000.00
61,000.00
Northern Traffic Route
50,000.00
50,000.00
Southern Junior High School
3,000.00
24,000.00
27,000.00
Western Junior High School
4,000.00
15,000.00
19,000.00
Elementary School
7,000.00
7,000.00
Municipal Garage
2,000.00
2,000.00
Police Station
15,000.00
15,000.00
Fire Department Equipment
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