USA > Massachusetts > Middlesex County > Somerville > Report of the city of Somerville 1937 > Part 3
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285 to
288
Sep. 29, 1937
Mar. 18, 1938
1.
50,000.00
First National Bank
289 čo 294
Sep. 29, 1937
Apr. 18, 1938
1.
50,000.00
First National Bank
295 to 298
Oct. 11, 1937
May 20, 1938
1.
50,000.00
First National aBnk
299 to 302
Oct. 11, 1937
Jun. 15, 1938
1.
50,000.00
First National Bank
303 to 310
Oct. 25, 1937
May 13, 1938
1.
*100,000.00
First National Bank
311 to 328
Nov.
5, 1937
Mar. 25, 1938
1.
*250,000.00
First National Bank
332 to 349
Dec. 15, 1937
Mar. 1, 1938
.85
*250,000.00
First National Bank
351 to 368
Dec. 30, 1937
Mar. 25, 1938
.68
*250,000.00
First National Bank
369 to 380
Dec. 30, 1937
May 13, 1938
.68
*150,000.00
Total
$5,200,000.00
43
CITY AUDITOR
Amount
First National Bank.
1 to 18
Jan. 12, 1937
Nov. 15, 1937
.... ....
....
........
Renewal
..... ..
..
....
44
ANNUAL REPORTS
FUNDED DEBT
The funded debt of the city January 1, 1937 was $4,368,- 893.75. Nine Loans were issued : Tax Title Loans $290,000.00 .. and $4,000.00 ; Municipal Relief Loans $150,000.00, $275,000 .- 00, $160,000.00 and $3,400.00 ; Chapter 44 Water Mains Loan $82,000.00 ; Chapter 44 Highway Loan $80,000.00, Chapter 44 Sewer Loan $55,000.00. Maturities paid during the year amounted to $894,189.07. The total debt December 31st, 1937 was $4,574,104.68.
CLASSIFIED DEBT, JANUARY 1, 1937
City Hall Addition Loan
$49,000.00
Additional Fire Equipment Loan
15,000.00
Sewer Loan
18,000.00
Bridge Loan
13,000.00
Highway Loan
265,000.00
Public Building Loan
4,000.00
Schoolhouse Loan
273,000.00
High School Loan
682,000.00
Junior High School Loan
635,000.00
Garage Loan
32,000.00
School Equipment Loan
145,000.00
Total Within Limit
$2,131,000.00
Northern Traffic Artery Loan
150,000.00
Elementary School Loan
65,000.00
Police Station Loan
165,000.00
Tax Title Loans
434,893.75
Municipal Relief Loans
961,000.00
P. W. A. Sewer Loan
30,000.00
P. W. A. Water Main Loan
29,000.00
P. W. A. Highway Loan
124,000.00
P. W. A. School Loan
279,000.00
Total Outside Limit
2,237,893.75
Total Funded Debt
$4,368,893.75
LOANS INCREASING THE DEBT
Tax Title Loans
294,000.00
Municipal Relief Loans
588,400.00
Chapter 44 Water Loan
82,000.00
Chapter 44 Highway Loan
80,000.00
Chapter 44 Sewer Loan
55,000.00
1,099,400.00
$5,468,293.75
45:
CITY AUDITOR
MATURITIES REDUCING THE DEBT
Schoolhouse Loan
$72,000.00
Garage Loan
2,000.00
Highway Loan
50,000.00
Bridge Loan
1,000.00
Sewer Loan
6,000.00
Junior High School Loan
46,000.00
Additional Fire Equipment Loan
15,000.00
Public Building Loan
4,000.00
High School Loan
61,000.00
City Hall Addition Loan
7,000.00
Total Within the Limit
$264,000.00
Police Station Loan
15,000.00
Municipal Relief Loan
176,000.00
P. W. A. Highway Loan
16,000.00
P. W. A. School Loan
16,000.00
P. W. A. Sewer Loan
2,000.00
P. W. A. Water Loan
3,000.00
Northern Traffic Artery Loan
50,000.00
Elementary School Loan
7,000.00
Tax Title Loans
345,189.07
Total Outside Limit
630,189.07
Total Maturities
$894,189.07
Total Funded Debt, December 31 1937
$4,574,104.68
...
46
ANNUAL REPORTS
TAXES
The total taxable property as of January 1st, 1937 was $113,453.300.00. The tax rate was fixed at $44.30 per $1,000. valuation.
City Appropriations
$5,944,418.73
City Appropriations from available funds 1,201,685.91
Overlay Deficit 1931
635.30
Overlay Deficit 1932
533.19
Overlay Deficit 1934
8,218.62
Overlay Deficit 1935
13,341.34
Overlay Deficit 1936
4,955.86
State Tax
208,955.00
Charles River Basin
12,233.41
Metropolitan Parks
51,963.17
Metropolitan Planning
824.21
Metropolitan Parks, Series No. 2
5,627.10
Metropolitan Parks, Nantasket
4,279.45
Wellington Bridge, Maintenance
108.72
Metropolitan Sewerage
85,775.11
Metropolitan Water
296,735.35
Abatement of Smoke
1,211.50
Auditing Municipal Accounts
7,302.05
Hospital or Home Care Civil War Veterans
1,020.00
Veterans Exemptions
62.74
Boston Metropolitan District Expenses
401.61
Elevated Railway Deficiency
98,151.75
Elevated Rental Deficiency
6,112.32
West Roxbury-Brookline Parkway
40.98
Wellington Bridge, Special
1,760.00
State Assessment paid in 1936 in excess of estim- ates raised
15,488.02
County Tax
184,661.02
Tuberculosis Hospital
46,969.66
Overlay (current year)
71,125.34
Total amount to be raised $8,274,597.46
Less Estimated Receipts
$1,856,794.54
State Tax Raised in 1936 in excess of
amount paid
14,735.82
Chap. 49-Acts 1933 amended Chap.
281-Acts 1936
115,000.00
Available Funds
1,201,685.91
Total Deductions
3,188,216.27
Net Amount Raised by Taxation
$5,086,381.19
SPECIAL ASSESSMENTS
Sidewalk Assessments, added to taxes
$257.93
Highway Assessments, added to taxes
1,953.98
Committed Interest on Assessments
380.48
Water Liens
352.64
2,945.03
Total Commitment
$5,089,326.22
47
CITY AUDITOR
Appropriations classified under General Headings were- made from Revenue as follows :
General Government
$249,037.83
Protection Persons and Property
881,712.76
Health and Sanitation
466,520.38
Highways
358,053.37
Welfare
1,170,645.00
Soldiers Benefits
83,985.91
Education
1,585,829.00
Libraries
91,165.40
Recreation
55,229.83
Unclassified
31,485.00
Compensations and Pensions
140,798.00
Municipal Indebtedness
714,296.25
Water Works
115,660.00
Total Budget Appropriations
$5,944,418.73
Less Estimated Receipts and Loan
1,971,794.54
Raised by Taxation
$3,972,624.19;
4.S
MATURITIES ON FUNDED DEBT, 1938
Class of Loan
January 1
April 1
July 1
September 1
October 1
December 1
Schoolhouse
$15,000.00 2,000.00
$16,000.00
$12,000.00
Municipal Garage
Police Station
15,000.00
Highway
25,000.00
36,000.00
5,000.00
Bridge
1,000.00
Sewer
4,000.00
2,000.00
2,000.00
Western Junior High
. .
..
..
..
..
..
...
..
.....
...
20,000.00
38,000.00
65,000.00
103,000.00
12,400.00
P. W. A. School
....
........
16,000.00
School Equipment
....
61,000.00
P. W. A. Water
3,000.00
Southern Jr. High
24,000.00
Chapter 44 Highway
16,000.00
City Hall Additions
7,000.00
Chapter 44 Water .....
17,000.00
Northern Traffic Artery
50,000.00
Elementary School
................
..
....
.... ..
..
.....
..
..
Totals
$32,000.00
$73,000.00
$209,000.00
$65,000.00
$234,000.00
$12,400.00
..
..
.. .
..
..
. .
...
.....
...
..
...
..
............
............
..
..
..
...... ..
ANNUAL REPORTS
..
..
..
..
..
.
...
..
..
.
. .
...
....
...
29,000.00
High School
3,000.00
Municipal Relief
4,000.00
15,000.00
Southern Jr. High
.
7,000.00
FUNDED DEBT, DECEMBER 31, 1937
Sewer 345 %
Sewe
Sewer 416.%
Highways Highways 415%
Bridge 316%
City Hall Add. 435 5%
Schoolhouse High School High School 4%
Jr. High
Elementary
Garage
Munielpa Relief 3 12 40 $74,000,00
Municipal Rellef 2% W $26,000.00 26,000.00
Municipal Rellef
Municipal Relse
Municipal Reller
Municipal Rellef
D. W. A Water
P. W. A. Highway
P. W. A. School 315 %
Chap. 4 Water
Chap. 44 Sewer
Chap. 44 Highway
Totals
1938 ..
......
$1,000.00 1.000.00
1.000.00
20.000.00
30.000.00
7.000.00
43.000.00
11,000.00
15.000.00
4,000.00
24.000.00
3.000.00
7.000.00
2,000.00
15,000.00
$15,000.00 15,000.00
$18.000.00 18.000.00
$20,000.00 20,000,00
$59.000.00 59.000,00
1,000.00 3.000.00
16,000.00
$16,000.00 16,000.00
$17.000.00 17.000.00
$2,000.00 2,000.00
16.000.00 $16.000.00 $1.009,104.68 546.000.00
194
1.000.00
20,000.00
1,000.00
43,000.00
15,000.00
24,000.00
3,000.00
2,000.00
15,000,00
15,000.00
18,000.00
20.000.00
59.000.00
1,000.00
16,000.00
16,000.00
16.000.00
16.000.00
167.000.00
1941
1,000.00
30,000.00
7.000.00
43,000.00
15,000.00
4.000.00
24,000.00
3.000.00
7,000.00
2.000.00
15.000.00
15,000.00
18.000.00
20,000.00
59,000.00
1,000.00
15,000.00
16,000.00
16,000.00
16.000,00
445.000,00
1942 ...
1.000.00
30,000.00
7.000.00
43,000.00
15.000.00
4.000.00
24,000.00
3.000.00
2,000.00
15,000.00
15,000.00
17.000.00
20,000.00
59.000.00
1.000.00
15,000.00
16,000.00
2.000.00
16.000.00
413.000.00
1943
1,000.00
5,000.00
7,000.00
15,000.00
15,000.00
24,000.00
3.000.00
2,000.00
15,000.00
22,000.00
17,000.00
20,000.00
58.000.00
1.000.00
16,000.00
2,000.00
327.000.00
194:
1.000.00
11,000.00
15,000.00
4.000.00
24.000.00 3.000.00
2,000.00
15,000.00
22,000.00
20,000.00
58.000.00
1.000.00
16.000.00
2.000.00
299.000.00
1945
1.000.00
15,000.00
4,000.00
3,000,00
2,000.00
15,000.00
15,000.00
22.000.00
17.000.00
20,000.00
58.000.00
58.000.00
1.000.00
2.000.00
15.000.00
2,000.00
267,000.00
1947
1,000.00
15.000.00
3.000.00
2.000.00
2.000.00
15,000,00
58.000.00
1.000.00
2,000.00
15.000.00
2.000.00
200,000.00 77.000.00
1948.
15,000.00
1,000.00
2,000.00
15,000.00
2,000.00
66,000.00
1950.
1,000.00
15.000.00
2,000.00
63,000.00
195
15.000.00
2,000.00
24.000.00
1952
1.000.00
15.000.00
2,000.00
20,000,00
1953.
1.000.00
..........
1.000.00
15,000.00
2.000.00
18.000.00
1955
3,000.00
1956.
3.000.00
1957.
3,000.00
1958
1450
1960
1,000.00
1,000.00
2,000.00
3,000.00
1962
1963
1,000.00
2,000.00
1964.
1.000.00
2,000.00
19.65
1.000.00
1.000.00
196 7 .***********
$2,000.00
$4,000.00 $6,000.00
$60.000.00
$12,000,00
$42,000.00
$230.000.00 $200.000.00 $421,000.00
$100,000.00
$195,000.00
$51,000.00
$36,000.00
$58,000.00
$30,000.00 $150,000,00 $74.000.00
$52.000.00
$120.000.00 $202.000.00
$157.000.00
$180,000.00 $585,000.00
$3.400.00
$383,704.68
$28,000.00
$26,000.00 $108,000.00
$263,000.00 $116,000.00
82,000.00 $55,000.00
$80,000.00 $4,574.104.68
$15,000.00
$4,000.00
$24,000.00 $3,000.00
$7.000.00
$2,000.00
$15.000.00
1933 ...........
$2,000.00
$1,000.00
$20,000.00
$30,000.00
$1.000.00
$7,000.00
$43.000.00
$50.000.00
$11,000.00
Northern Traffl
Add. Western Add, Western Southern Add. Southern Ir. High Jr. High Jr. High
Police Station
Municipal Rellef
Municipal jeller
$3,400.00
383,704.68
$2.000.00
$3,000.00
$16.000.00
School Equipment 194 70 $29.000.00 29,000.00
29,000.00 29,000.00
2.000.00 2,000.00
16,000.00
1,000.00
61.000.00
4.000.00
6.000.00
6,000.00
15,000.00
17.000.00
.........
2.000.00
16.000.00
2.000.00
284.000.00
1946 ..
1.000.00
61,000.00
15.000.00
4,000.00
3,000.00
6,000.00
2.000.00
16.000.00
22,000.00
17,000.00
20,000.00
2.000.00
1949.
1.000.00
15,000.00
3.000.00
23.000.00
2.000.00
2,000.00
2,000.00
2,000.00
......
3.000.00
1,000.00
2,000.00
15,000.00
2.000.00
18.000.00
1954.
1.000.00
1.000.00
1,000.00
1.000.00
2,000.00
3,000.00
1.000.00
2.000.00
3.000.00
3.000.00
1961
1,000.00
2,000.00
3,000.00
1,000.00
1.000.00
1.000.00
1.000.00
1.000.00
1.000.00
.........
..........
15.000.00
3,000.00
23.000.00
2.000.00
2.000.00
1,000.00
2.000.00
11,000.00
15.000.00
3,000.00
23.000.00
2.000.00
24,000.00
6.000.00
1,000.00
2,000.00
15,000.00
2.000.00
15,000.00
1,000.00
61,000.00
1 72 90 $50,000.00 50,000.00
50,000.00
11,000.00
4,000.00
7,000.00
23,000.00
1.000.00
30,000.00
7.000.00
50,000.00
50.000.00 11,000.00
2,000.00
2.000.00
Tax
P. W. A. Sewers
23470
1,000.00
1.000.00
1,000.00
1,000.00
61,000.00
23.000,00
6.000.00
22,000.00
15,000.00
61,000.00
..........
23.000.00
2.000.00
2.000.00 2.000,00
2,000.00
1,000.00
2,000.00
23.000.00
$23,000.00 23,000.00
$307,000.00
$155,000.00
INTEREST REQUIREMENTS ON PRESENT CITY DEBT TO MATURITY
P. W. A. School
P. W. A. Highway
P. W. A. Sewer
P. W. A. Water Mains $910.00
Sewer $406.25
$1.785.00
$8,580.00
$13.487.50
$9.515.00 8,775.00
School $2,610.00 2,295.00
Municipal Garage $1,377.50 1,282.50 1,187.50
Police Station $7,481.25 6.693.75
School Equipment $2,030.00
Chap.44 Water $1,845.00 1,462.50 1.080.00 720.00 360.00
Chap. 44 Highway $1,800.00 1,440.00 1,080.00 720.00 360.00
Chap. 44 Sewer
Totals $136.455.50
1939
8,645.00
3,220.00
975.00
805.00
268.75
6.662.50
367.50
6,860.00
12.422.50
8.035.00
1,980.00
5,906.25
21,515.00 18,532.50
507.50
1,402.50 1,347.50
82,795.00
1942
6,965.00
1,575.00
862.50
560.00
63.75
595.00
1,012.50
262.50
1,700.00
15.080.00
9,227.50
1,350.00
997.50
4,331.25
15,550.00
1,292.50
68,700.00
1943
6,405.00
1,050.00
825.00
490.00
21.25
297.50
225.00
227,50
300.00
12,640.00
8,162.50
5,815.00
1,080.00
902.50
3,543.75
12,607.50
1,237.50
55,830.00 45,388.75
1945
5,285.00
750.00
350.00
157.50
7,760.00
6,032.50
4,335.00
712.50
1,968.75
6,772.50 3,855.00
1,072.50
26,718.75
1947
4,200.00
675.00
210.00
87.50
2,880.00
3,960.00
2,872.50
522.50
393.75
1,450.00
1,017.50
18,268.75
1948
3,675.00
637.50
140.00
52.50
2,970.00
2,167.50
427.50
962.50
11,472.50
1949
3,150.00
600.00
70.00
17.50
1,980.00
1,462.50
332.50
907.50
8,520.00
1950
2,625.00
562.50
852.50
6,025.00
1951
2,100.00
525.00
1952
1,575.00
487.50
742.50
2,852.50
1953
1,050.00
450.00
687.50
2,187.50
1954
525.00
412.50
632.50
1,570.00
1955
375.00
577.50
952.50
1956
337.50
522.50
860.00
1957
467.50
767.50
1958
262.50
412.50
675.00
1959
357.50
582.50
1960
302.50
490.00
1961
247.50
397.50
1962
192.50
305.00
1963
75.00
137.50
212.50
1964
110.00
147.50
1965
82.50
82.50
1966
55.00
55.00
1967
$81,585.00
$14,910.00
$14.212.50
$5,565.00
$1,035.00
$6,247.50
$23,587.50 $2,520.00
$26,000.00
$136,540.00
$5,750.00
$92,965.00
$66,307.50
$12,600.00
10,687.50
$39,375.00
$146,710.50
$5,075.00
$5,467.50
$5,400.00
$21,725.00
$725,265.50
$9,205.00
$3,780.00
$1.050.00
787.50
420.00
192.50
10,200.00
7,097.50
5,075.00
810.00
807.50
2,756.25
9,690.00
1,182.50
35.791.25
1946
4.725.00
712.50
280.00
122.50
5,320.00
4,967.50
3,595.00
270.00
617.50
1.181.25
Municipal Relief $31,525.50 25.212.50 1,522.50 1,015.00
$1,512.50 1.457.50
115,755.00
1940
8,085.00
2.660.00
937.50
700.00
168.75
1,190.00
4.512.50
332.50
5,140.00
19,460.00
97,745.00
1941
7,525.00
2,100.00
900.00
630.00
106.25
892.50
2.362.50
297.50
3,420.00
17,270.00
10,292.50
7.295.00 G.555.00
1,665.00
1,092.50
5,118.75
1944
5,845.00
525.00
City Hall Additions Highway $8,812.50
Bridge $402.50
School- house
High School
Northern Traffic Rt. $4,500.00 2.250.00
Southern Jr. High
Western Jr. Elementary High .
757.50
237.50
142.50
797.50
3,635.00
17.50
52.50
47.50
300.00
150.00
112.50
37.50
27.50
27.50
.... .
1938
$23,840.00 21,650.00
11,357.50
540.00
1,127.50
440.00
990.00
225.00
187.50
1,487.50
INTEREST REQUIREMENTS ON FUNDED DEBT 1937
Class of Lcan
January 1
March 1
April 1
June 1
July 1
September 1
October 1
December 1
Highway
$3,090.00
$3,487.50
$3,090.00
$2,925.00
Schoolhouse
1,800.00
2,800.00
1,500.00
2,480.00
P. W. A. School
4,602.50
...
..
..
4,602.50
School Equipment
1,015.00
..
.....
..
. .
1,015.00
High School
11,920.00
..
......
998.75
525.00
920.00
P. W. A. Water
455.00
........
630.00
6,140.00
577.50
Municipal Garage ..
712.50
............
..
.......
............
..
.....
..
.........
..
....
.........
.....
....
....
............
Municipal Relief
3,895.00
$1,137.50
10,647.50
$157.50
3,895.00
$1,137.50
10,472.50
$183.00
Chap. 44 Highway
900.00
900.00
Bridge
City Hall Addition
892.50
892.50
Chap. 44 Water ....
..
....
..
....
..
...
............
....
2,250.00
Western Jr. High ..
............
..
4,792.50
............
............
............
............
Elementary School
............
..
............
............
............
............
..
..
..
..........
..
...
..
..
..
........
..
...... ..
.........
..
. .
..
..
..
455.00
............
..
..
..
..
..
... ......
..
..
Police Station
......
..
..
922.50
.......
...
.....
..
..
Northern Traffic ....
..
...
.......
1,305.00
1,305.00
Totals
$38,092.50
$1,137.50
$29,836.25
$157.50
$37,351.25
$1,137.50
$28,560.00
$183.00
..
...
..
. .
...
Sewer
525.00
.........
..
...
..
..
..
..
Southern Jr. High
6,140.00
........
665.00
3,543.75
3,937.50
210.00
192.50
..
..
..
..
..
922.50
2,250.00
.......... ..
CITY AUDITOR
49
..
..
......
11,920.00
............
4,722.50
50
MATURITIES ON FUNDED DEBT (Six Years)
Class of Loan
1933
1934
1935
1936
1937
1938
Total
Sewer
$14,000.
$14,000.
$13,000.
$6,000.
$6,000.
$4,000.
$57,000.
Public Buildings
14,000.
14,000.
8,000.
4,000.
4,000.
Highway
57,000.
62,000.
62,000.
50,000.
50,000.
50,000.
Bridge
1,000.
1,000.
1,000.
1,000.
1,000.
1,000.
6,000.
City Hall Addition
8,000.
7,000.
7,000.
7,000.
7,000.
7,000.
43,000.
Schoolhouse
.
43,000.
43,000.
43,000.
43,000
72,000.
43,000.
287,000.
High School
61,000.
61,000.
61,000.
61,000.
61,000.
61,000.
366,000.
Northern Traffic Route
50,000.
50,000.
50,000.
50,000.
50,000.
50,000.
300,000.
Southern Jr. High
27,000.
27,000.
27,000.
27,000.
27,000.
27,000.
162,000.
Western Jr. High
19,000.
19,000.
19,000.
19,000.
19,000.
19,000.
114,000.
Elementary School
7,000.
7,000.
7,000.
7,000.
7,000.
7,000.
42,000.
Garage
2,000.
2,000.
2,000.
2,000.
2,000.
2,000.
12,000.
Police Station
15,000.
15,000.
15,000.
15,000.
15,000.
15,000.
90,000.
Additional Fire Equipment
16,000.
16,000.
16,000.
15,000.
15,000.
78,000.
Municipal Relief
74,000.
100,000.
115,000.
176,000.
238,400
703,400.
P. W. A. Sewer
2,000.
2,000.
2,000.
2,000.
8,000.
P. W. A. Water Mains
3,000.
3,000.
3,000.
3,000.
12,000.
P. W. A. Highway
16,000.
16,000.
16,000.
16,000.
64,000.
P. W. A. School
16,000.
16,000.
16,000.
16,000.
64,000.
School Equipment
29,000.
29,000.
Chapter 44 Water Mains
17,000.
17,000.
Chapter 44 Highway
16,000.
16,000.
Chapter 44 Sewer
...........
............
............
............
............
2,000.
2,000.
Total
$334,000.
$412,000.
$468,000.
$459,000.
$549,000.
$625,400.
$2,847,400.
.
ANNUAL REPORTS
..
...
..
..
...
..
..
..
......
..
..
....
..
...
.......
...
... ..
...........
....... .....
....
..
..
..
..
....
44,000. 331,000.
INTEREST REQUIREMENTS ON FUNDED DEBT (Six Years)
Class of Loan
1933
1934
1935
1936
1937
1938
Total
Sewers
$2,421.25
$1,868.75
$1,336.25
$841.25
$603.75
$406.25
$7,477.50
Public Buildings
1,700.00
1,120.00
620.00
360.00
180.00
3,980.00
Highway
18,527.50
18,372.50
15,742.50
13,112.50
10,962.50
8,812.50
85,530.00
Bridge
577.50
542.50
507.50
472.50
437.50
402.50
2,940.00
City Hall Additions
3,295.00
2,975.00
2,677.50
2,380.00
2,082.50
1,785.00
15,195.00
Schoolhouse
17,180.00
15,460.00
13,740.00
12,020.00
12,837.50
8,580.00
79,817.50
High School
34,790.00
32,600.00
30,410.00
28,220.00
26,030.00
23,840.00
175,890.00
Northern Traffic Route
15,750.00
13,500.00
11,250.00
9,000.00
6,750.00
4,500.00
60,750.00
Southern Jr. High
18,812.50
17,747.50
16,682.50
15,617.50
14,552.50
13,487.50
96,900.00
Western Jr. High
13,215.00
12,475.00
11,735.00
10,995.00
10,255.00
9,515.00
68,190.00
Elementary School
4,185.00
3,870.00
3,555.00
3,240.00
2,925.00
2,610.00
20,385.00
Garage
1,852.50
1,757.50
1,662.50
1,567.50
1,472.50
1,377.50
9,690.00
Police Station
11,418.75
10,631.25
9,843.75
9,056.25
8,268.75
7,481.25
56,700.00
Additional Fire Equipment
3,325.00
2,565.00
1,805.00
1,068.75
356.25
9,120.00
Municipal Relief
12,950.00
13,935.00
14,005.00
21,687.50
31,525.50
94,103.00
P. W. A. Water Mains
1,225.00
1,120.00
1,015.00
910.00
4,270.00
P. W. A. Sewers
1,275.00
1,200.00
1,125.00
1,050.00
4,650.00
P. W. A. Highway
5,460.00
4,900.00
4,340.00
3,780.00
18,480.00
P. W. A. School
10,885.00
10,325.00
9,765.00
9,205.00
40,180.00
School Equipment
2,030.00
2,030.00
Chapter 44 Water
1,845.00
1,845.00
Chapter 44 Highway
1,800.00
1,800.00
Chapter 44 Sewers
..
.......
....
..
..
..
1,512.50
1,512.50
Totals
$147,050.00
$148,435.00
$154,347.50
$139,501.25
$135,646.25
$136,455.50
$861,435.50
...
..
..
..
......
...
..
...
......
.....
..
........ ..
...... .....
..
...
..
..
..
...
..
..
..
..
51
CITY AUDITOR
...........
...
..
52
ANNUAL REPORTS
BORROWING CAPACITY, DECEMBER 31, 1937
Valuation 1935
$117,182.500.00 39,300.00
Supplementary 1935
Motor Vehicle Excise Tax 1935
4,485,160.00
$121,706,960.00
Valuation 1936
$115,688,600.00
Supplementary 1936
2,500.00
Motor Vehicle Excise Tax 1936
5,121,350.00
$120,812,450.00
Valuation 1937
$113,453,300.00
Supplementary 1937
45,600.00
Motor Vehicle Excise 1937
4,944,220.00
$118,443,120.00
$360,962,530.00
Abatements 1935
1,684,325.00
Motor Vehicle Excise Tax 1935
116,285.00
Abatements 1936
1,583,430.00
Motor Vehicle Excise Tax 1936
130,905.00
Machinery Abatements Chapter 362, Acts 1936
953,800.00
Abatements 1937
1,031,368.00
Motor Vehicle Excise Tax 1937
140,000.00
5,640,113.00
$355,322,417.00
Average Valuation Three Years
118,440.805.66
Two and one-half per cent
2,961,020.14
Present debt within limit
1,867,000.00
Borrowing Capacity, December 31, 1937
$1,094,020.14
Maturities :
January 1
$32,000.00
Less Outside Limit
15,000.00
$17,000.00
April 1
73,000.00
Less Outside Limit
20,000.00
53,000.00
July 1
209,000.00
Less Outside Limit
75,000.00
134,000.00
October 1
234,000.00
Less Outside Limit
195,000.00
39,000.00
243,000.00
$1,337,020.14
53
CITY AUDITOR
TAX TITLES
Debits:
Balance from 1936 account
$562,962.23
Taxes 1933
10.00
Taxes 1935
97,492.41
Taxes 1936
93,708.08
Highway Assessments, Taxes 1935
54.96
Sidewalk Assessments, Taxes 1935
11.62
Highway Assessments, Taxes 1936
55.81
Sidewalk Assessments, Taxes 1936
30.14
Committed Interest, Highway
15.78
Committed Interest, Sidewalk
3.34
Committed Interest, 1936
19.49
Water Liens
3,408.72
Estimated Receipts
14.97
Interest and Costs
11,621.36
Recording Fees
722.35
Refunds
1.65
$770,132.91
Credits :
Cash Collections
$352,465.84
Abatements
3,750.45
Taxes 1922
3.06
Taxes 1923
2.92
Taxes 1924
2.87
Taxes 1925
2.74
Taxes 1926
2.95
Taxes 1931
205.02
Taxes 1932
4,198.47
Taxes
1933
3,357.24
Taxes 1934
4,539.90
Taxes 1935
4,921.50
Taxes 1936
5,044.76
Interest and Costs
1,029.57
Street Sprinkling 1922
.30
Street Sprinkling 1923
.30
Street Sprinkling 1924
.30
Street Sprinkling 1925
.30
Street Sprinkling 1926
.30
Street Sprinkling 1931
8.70
Street Sprinkling 1932
51.42
Street Sprinkling 1933
45.12
Street Sprinkling 1934
50.46
Balance to 1938 account
390,448.42
$770,132.91
TAILINGS
Debits :
Balance to 1938 account
$743.53
Credits:
Balance from 1936 account
679.46
Cash received
64.07
$743.53
54
ANNUAL REPORTS
OVERLAY 1929
Debits:
Balance to 1938 account
$259.71
Credits :
Balance from 1936 account
$259.71
OVERLAY 1930
Debits :
Abatements
602.37
Balance to 1938 account
6,195.97
$6,798.34
Credits:
Balance from 1936 account
$6,798.34
OVERLAY 1931
Debits :
Balance from 1936 account
8.00
Abatements
627.30
$635.30
Credits:
Revenue
$635.30
OVERLAY 1932
Debits :
Balance from 1936 account
298.66
Abatements
394.93
Credits :
Revenue
533.19
Balance to 1938 account
160.40
$693.59
OVERLAY 1933
Debits:
Abatements
2,599.94
Balance to 1938 account
13,764.03
Credits :
Balance from 1936 account
$16,363.97
OVERLAY 1934-
Debits :
Balance from 1936 account
3,544.30
Abatements
5,063.15
Credits :
Revenue
8,218.62
Balance to 1938 account
388.83
$8,607.45
$693.59
.
$16,363.97
$8,607.45
55
CITY AUDITOR
OVERLAY 1935
Debits:
Balance from 1936 account
4,769.48 10,944.04
Abatements
$15,713.52
Credits:
Revenue
13,341.34
Balance to 1938 account
2,372.18
$15,713.52
OVERLAY 1936
Debits:
Abatements
$34,280.90
Credits:
Balance from 1936 account
24,616.74
Revenue
4,955.86
Balance to 1938 account
4,708.30
$34,280.90
OVERLAY 1937
Debits :
Abatements
46,055.62
Balance to 1938 account
25,069.72
$71,125.34
Credits:
Revenue
$71,125.34
RESERVE FUND, SURPLUS FROM OVERLAYS
Debits :
Balance to 1938 account
$10.00
Credits :
Balance from 1936 account
$10.00
EXCESS AND DEFICIENCY
Debits :
Taxes 1935
$97,395.91
Taxes 1936
93,623.33
Refunds
18.49
Taxes Titles Revenue
10.00
Balance to 1938 account
27,858.09
$218,905.82
Credits:
Balance from 1936 account
$4,485.55
Refunds prior years
570.70
Reserve for Deposits in Closed Banks
12,817.69
Tax Title Revenue
26,031.88
Tax Title Loan No. 17
175,000.00
$218,905.82
56
ANNUAL REPORTS
REDEMPTION' OF TAX LIENS
Debits:
Cash Paid, Titles Redeemed ..... ...
$4,043.53
Credits:
Cash Received
$4,043.53
57
CITY AUDITOR
CLASSIFICATION OF RECEIPTS AND EXPENDITURES RECEIPTS GENERAL REVENUE
Taxes:
Taxes 1937
$3,358,432.74
Taxes 1936
1,107,120.42.
Taxes 1935
94,971.40
Taxes 1934
5,085.20
Taxes 1933
1,775.73
Taxes 1932
4,198.37
Taxes 1931
217.02
Taxes 1930
45.01
Taxes 1926
2.95
Taxes 1925
2.74
Taxes 1924
2.87
Taxes 1923
2.92
Taxes 1922
3.06
Motor Vehicle Excise 1937
97,107.50
Motor Vehicle Excise 1936
38,569.25
Motor Vehicle Excise 1935
10,212.71
Motor Vehicle Excise 1934
1,869.45
Motor Vehicle Excise 1933
305.62
Motor Vehicle Excise 1932
243.87
Motor Vehicle Excise 1931
41.12
Motor Vehicle Excise 1930
23.61
From State:
C. of M. Corporation Tax
70,461.26
C. of M. Refund Other Taxes
11,967.32
C. of M. Income Tax
405,166.97
Licenses and Permits:
Liquor
78,257.96
Amusement
2,662.00*
Dog Licenses
5,099.00
Police
91.50
Fire
1,512.50+
Milk
515.50
Health
818.00,
City Clerk
5,405.00:
Pedlers
1,611.00'
Licensing
2,276.50
Marriage
2,173.80
Building
808.00
Electrical
2,582.50
Plumbing and Gas
568.00
Motor
1.00
Fines and Forfeits:
Court
Departmental
6,428.10' 269.00
58
ANNUAL REPORTS
Grants and Gifts:
From Government:
P. W. A. Grants
Smith-Hughes Fund
Old Age Assistance
Aid Dependent Children
19,679.46 2,927.53 178,251.17 18,800.92
From State:
Vocational Education
22,832.05
Lieu of Taxes
134.27
Interest Refund
4,353.11
Americanization
2,916.75
From County :
Dog Licenses
3,358.06
All Other General Revenue:
Tax Titles
352,465.84
Total General Revenue
5,924,840.63
DEPOSITS
Water Department
868.75
Highway Department
588.00
City Clerk's Department
3,795.00
Total Deposits
5,251.75
1
COMMERCIAL REVENUE, SPECIAL ASSESSMENTS
Assessments:
Street Sprinkling 1934
20,37
Street Sprinkling 1933
3.84
Street Sprinkling 1932
51.42
Street Sprinkling 1931
8.70
Street Sprinkling 1926
.30
Street Sprinkling 1925
.30
Street Sprinkling 1924
.30
Street Sprinkling 1923
.30
Street Sprinkling 1922
.30
Apportioned Assessments paid in advance
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