USA > Massachusetts > Middlesex County > Lincoln > Town Report on Lincoln 1951-1955 > Part 6
Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | Part 16 | Part 17 | Part 18 | Part 19 | Part 20 | Part 21 | Part 22 | Part 23 | Part 24 | Part 25 | Part 26 | Part 27 | Part 28 | Part 29 | Part 30 | Part 31 | Part 32 | Part 33 | Part 34 | Part 35 | Part 36 | Part 37 | Part 38 | Part 39 | Part 40 | Part 41 | Part 42 | Part 43 | Part 44 | Part 45 | Part 46 | Part 47 | Part 48 | Part 49 | Part 50 | Part 51 | Part 52 | Part 53 | Part 54 | Part 55
11,365 85
Dog Licenses
966 60
Tuberculosis Hospital .
2,502 70
Tax Anticipation Note Paid
35,000 00
$382,475 31
Balance in Banks and U. S. Bills at cost
489,383 84
$871,859 15
DETAIL OF 1951 DISBURSEMENTS
1951 Income Reserved for Special Purposes
Carried Forward from 1950
Appropriated in 1951
Transfer from Reserve
Total Available for Expenditure
Amount Expended in 1951
Balance Accruing to Surplus
Balance Carried Forward to 1952
GENERAL GOVERN- MENT
Selectmen
Salaries of Select- men .
$600 00
$600 00
$600 00
Salary of clerk. . . . .
1,760 00
1,760 00
1,760 00
Supplies and Mis- cellaneous. . . . . .
540 00
540 00
533 81
$6 19
Preservation of
Town records .. .
150 00
150 00
Gazette. .
$60 08
60 08
Treasurer
Salaries, Treasurer
and Assistant ...
400 00
400 00
400 00
Clerical expense ...
150 00
150 00
60 00
90 00
Supplies and Mis- cellaneous. .. ..
193 00
193 00
172 13
20 87
Collector of Taxes
Salary . . .
1,600 00
1,600 00
1,600 00
Supplies and Mis-
cellaneous .
400 00
400 00
377 53
22 47
Town Clerk
Salary . ..
300 00
300 00
300 00
Supplies and Mis-
cellaneous.
60 00
60 00
16 50
43 50
87
TREASURER'S REPORT
$150 00 60 08
Detail of 1951 Disbursements (Continued)
1951 Income Reserved for Special Purposes
Carried Forward from 1950
Appropriated in 1951
Transfer from Reserve
Total Available for Expenditure
Amount Expended in 1951
Balance Accruing to Surplus
Balance Carried Forward to 1952
Assessors
Salaries .
550 00
550 00
550 00
Supplies and Mis- cellaneous.
881 00
881 00
630 33
250 67
Auditor
Salary .
50 00
50 .00
50 00
Legal
Counsel fees .
500 00
500 00
500 00
Election and Regis- tration
Salaries ..
250 00
250 00
248 00
2 00
Supplies and Mis-
cellaneous . .
380 00
380 00
290 71
89 29
Town House
Janitor's salary . .
2,470 00
68 00
2,538 00
2,538 00
Fuel. . . . :
700 00
103 71
803 71
803 71
Repairs. .
1,975 00
94 36
2,069 36
2,069 36
Supplies and Mis-
cellaneous. . . .
753 00
13 30
766 30
766 30
Planning Board
Consultants . . . . .
150 00
150 00
150 00
Supplies and Mis-
cellaneous . . ..
200 00
200 00
90 52
109 48
Research Project . .
1,000 00
1,000 00
1,000 00
Finance Committee
Supplies and Mis- cellaneous . ..
30 00
11 25
41 25
41 25
TOWN OF LINCOLN
88
War MemorialCom- mittee. .
50 00
50 00
50 00
Building Code Com- mittee.
37 00
500 00
537 00
45 00
492 00
Revision of Town By-Laws. .
150 00
150 00
150 00
Memorial Day Com- mittee.
225 00
225 00
195 65
29 35
TOTAL FOR GEN- ERAL GOVERN- MENT
$17,354 70
$15,638 80
PROTECTION OF PERSONS AND PROPERTY
Police Department
Salaries .
6,300 00
420 29
6,720 29
6,720 29
Car ....
400 00
400 00
326 61
73 39
Supplies and Mis-
1,825 00
1,825 00
1,764 84
60 16
Fire Department
Salaries. .
300 00
300 00
300 00
Labor at fires ....
3,500 00
3,500 00
2,227 50
1,272 50
Operation of equip- ment ....
2,450 00
2,450 00
2,352 65
97 35
Supplies and Mis-
2,250 00
2,250 00
2,238 35
11 65
Tree and Moth De- partment
Insect Control,
Storm Damage. .
2,000 00
69 86
2,069 86
2,069 86
Dutch Elm Disease
1,000 00
31 65
1,031 65
1,031 65
control .. .. Poison Ivy control.
500 00
500 00
500 00
TREASURER'S REPORT
cellaneous. . .
cellaneous.
89
Detail of 1951 Disbursements (Continued)
1951 Income Reserved for Special Purposes
Carried Forward from 1950
Appropriated in 1951
Transfer from Reserve
Total Available for Expenditure
Amount Expended in 1951
Balance Accruing to Surplus
Balance Carried Forward to 1952
Board of Appeals Clerical services. . . Supplies and Mis- cellaneous .. . . . .
100 00
100 00
12 50
87 50
200 00
200 00
139 26
60 74
Building, Plumb- ing, Wiring In- spectors Fees and transpor- tation. .
500 00
21 96
521 96
521 96
Supplies and Mis- cellaneous. . .
50 00
17 50
67 50
67 50
Speed Zoning Proj- ect ..
1,000 00
1,000 00
300 00
700 00
Civil Defense.
3,000 00
400 00
3,400 00
3,399 98
02
TOTAL FOR PRO- TECTION OF PER- SONS AND PROP- ERTY.
$26,336 26
$23,972 95
HEALTH AND SAN- ITATION
Board of Health
Salaries of nurses. . Supplies and Mis-
2,340 00
2,340 00
2,339 92
. 08
cellaneous . . . ..
755 00
755 00
639 04
115 96
Car ..
750 00
750 00
750 00
TOWN OF LINCOLN
90
Inspector of Animals Salary . . .
Union Health District Committee ....
100 00
TOTAL FOR HEALTH AND SAN- ITATION.
$4,045 00
$3,828 96
HIGHWAY DE- PARTMENT
Chapter 90 Construc- tion and Mainte- nance.
13,000 00
13,000 00
12,991 20
09
8 71
Highway Machinery Fund .
821 20 2,069 96
2,891 16
2,891 16
General Highway
Wages. ..
12,500 00
12,500 00
10,754 17
1,745 83
Machinery upkeep
and operation. . .
3,750 00
2,745 00
6,495 00
6,457 02
37 98
Supplies and Mis- cellaneous . ..
13,720 00
13,720 00
11,899 68
1,820 32
Street Lights.
5,800 00
5,800 00
4,707 62
1,092 38
Highway Equip- ment Bldg. construction ...
117 83
117 83
117 83
Building equip- ment.
65 93
65 93
65 93
TOTAL FOR HIGH- WAY DEPARTMENT
$54,589 92
$ 46,809 69
91
TREASURER'S REPORT
100 00
100 00
100 00
100 00
100 00
Detail of 1951 Disbursements (Continued)
1951 Income Reserved for Special Purposes
Carried Forward from 1950
Appropriated in 1951
Transfer from Reserve
Total Available for Expenditure
Amount Expended in 1951
Balance Accruing to Surplus
Balance Carried Forward to 1952
AID TO CITIZENS
Old Age Assistance Federal grants .... Appropriation. . . . .
15,875 35
99 65
15,975 00
13,130 94
2,844 06
26,000 00
26,000 00
26,000 00
Aid to Dependent Children
Federal grants ... .
121 93
121 93
121 93
Appropriation . . . . .
500 00
500 00
500 00
Public Welfare ....
500 00
500 00
60 28
439 72
O.A.A. Administra- tion
Federal Grants ... .
601 05
35 23
636 28
595 13
Appropriated . .. ... Veterans Aid
1,000 00
111 48
1,111 48
1,111 48
TOTAL AID TO
CITIZENS
$45,244 69
$41,297 83
EDUCATION
School Department
Salaries .
70,400 00
Transportation ... .
14,121 73
Tuition and Voca- tional Education
28,260 00
129,170 00
127,490 00
1,679 96
Equipment, sup- plies, miscellane- ous.
16,388 27
92
TOWN OF LINCOLN
41 15
400 00
400 00
400 00
deCordova Fund in- come. 646 75 Grammar School Fund Income .... 29 63 55 92
646 75
646 75
85 55
85 55
Replacing Center School Boiler. . . . New School Construc- tion .
4,000 00
4,000 00
4,000 00
365 33
365 33
365 33
New School addition
Committee expen- ses and construc- tion . ..
390,000 00
390,000 00
21,370 32
368,629 68
Public Library ..
Salaries.
2,950 00
2,950 00
2,419 20
Books. .
800 00
800 00
845 28
Supplies and Mis- cellaneous.
850 00
850 00
829 79
485 62
Repairs.
225 00
225 00
245 11
TOTAL FOR EDU- CATION
$529,092 63
$157,199 74
RECREATION
Summer Play- ground pro- gram
Wages. .
1,200 00
1,200 00
1,099 80
100 20
Supplies and Mis-
700 00
700 00
447 40
252 60
Resurfacing Tennis Courts.
236 54
236 54
226 01
TOTAL FOR RECRE- ATION
$2,136 74
$1,773 21
.
TREASURER'S REPORT
cellaneous. . ..
10 73
93
Detail of 1951 Disbursements (Continued)
1951 Income Reserved for Special Purposes
Carried Forward from 1950
Appropriated in 1951
Transfer from Reserve
Total Available for Expenditure
Amount Expended in 1951
Balance Accruing to Surplus
Balance Carried Forward to 1952
CEMETERY
Wages, Mainten- ance, Interments Supplies and Mis- cellaneous. . . . . . Cemetery Fund In- come.
2,550 00
2,550 00
2,548 51
1 49
117 00
117 00
92 38
24 62
151 21
247 58
398 79
398 79
Permanent Im- provements . . . .
147 22
1,000 00
1,147 22
261 80
885 42
TOTAL FOR CEME- TERY.
$4,213 01
$2,902 69
TOWN DEBT
Bond Maturities. . Interest on Bonds.
5,110 00
5,110 00
5,110 00
Interest on Tax Notes .
350 00
350 00
108 89
241 11
Bond Sale Prem-
ium, Expense. . .
2,676 65
2,676 65
868 85
1,807 80
Accrued Interest i, Received . .
423 40 352 92
776 32
776 32
TOTAL FOR TOWN DEBT.
$27,912 97
$25,087 74
94
TOWN OF LINCOLN
19,000 00
19,000 00
19,000 00
UNCLASSIFIED
Unpaid 1950 Bills. . Middlesex County Pension Fund. . .
533 83
533 83
533 83
1,497 00
1,497 00
1,497 00
Printing 1950 Town Report.
1,178 50
1,178 50
1,178 50
Rent of Dump ...
200 00
200 00
200 00
Insurance.
3,700 00
497 67
4,197 67
4,197 67
Rental of hydrants.
3,135 00
3,135 00
3,135 00
Refunds: Excise
Taxes . . .
1,072 39
1,072 39
1,072 39
Real Es-
tate Taxes
1,314 80
1,314 80
1,314 80
Poll and
8 60
8 60
8 60
TOTAL UNCLASSI- FIED.
GRAND TOTALS ....
$23,621 03
$9,063 32
$686,773 33
$4,606 03
$724,063 71
$331,649 40
$11,015 09
$381,399 22
TREASURER'S REPORT
$13,137 79
$13,137 79
Personal .
FREDERICK B. TAYLOR, Treasurer.
95
96
TOWN OF LINCOLN
GENERAL FUND Assets
Concord National Bank.
$47,071 95
Day Trust Company.
64,850 34
First National Bank of Boston.
3,708 82
Arlington Five Cents Savings Bank.
4,501 96
Belmont Savings Bank.
4,160 39
Beverly Savings Bank.
4,289 64
Boston Five Cents Savings Bank.
4,034 96
Brockton Savings Bank
4,457 40
Brookline Savings Bank.
2,262 13
Cambridge Savings Bank.
4,695 34
Charlestown Savings Bank.
5,000 00
East Bridgewater Savings Bank
4,464 70
Franklin Savings Bank
4,580 70
Home Savings Bank.
4,546 83
Institution for Savings in Roxbury
4,496 23
Lowell Institution for Savings
2,217 67
Lynn Five Cents Savings Bank.
4,520 36
Malden Savings Bank.
2,241 42
Natick Five Cents Savings Bank
1,149 20
Newton Savings Bank
4,580 73
North Avenue Savings Bank
2,283 64
Warren Institution for Savings
1,794 24
Whitman Savings Bank.
4,610 75
On Deposit .
$190,519 40
U. S. Treasury Bills due 1/24/52
49,939 33
U. S. Treasury Bills due 2/21/52
49,867 11
U. S. Treasury Bills due 3/27/52
199,058 00
$489,383 84
Taxes, Interest to be Added
$11,982 53
Accounts Receivable:
State and County, Chapter 90
9,991 20
Commonwealth of Massachusetts, O.A.A.
3,204 33
U.S.A. Old Age Assistance.
122 76
Total Assets
$514,684 66
Liabilities and Surplus
Dog Licenses Due County
$1 80
Road Machinery Fund.
2,891 16
O.A.A. Administration
41 15
O.A.A.
2,844 06
Aid to Dependent Children
121 93
deCordova School Equipment Fund 1951 Income.
646 75
97
TREASURER'S REPORT
Grammar School Fund Income
85 55
Bonds Sale Premium, Expense
1,807 80
Accrued Interest Received .
776 32
Overlay Reserves: 1950.
$926 36
1951
2,819 58
3,745 94
Unexpended Appropriation Balances:
Preservation of Town Records
150 00
Gazette Committee.
60 08
War Memorial Committee
50 00
Building Code Committee.
492 00
Revision of Town By-Laws.
150 00
Speed Zoning .
700 00
Union Health District Committee
100 00
Chapter 90, Construction and Maintenance.
8 71
Highway Building Construction
117 83
Highway Building Equipment.
65 93
New School Construction
365 33
New School Addition
368,629 68
Resurfacing Tennis Courts
10 73
Cemetery Fund Income.
398 79
Cemetery Permanent Improvements .
885 42
Surplus:
Overlay Surplus
$14,196 13
General Funds
115,341 57
129,537 70
$514,684 66
OUTSTANDING DEBT
$170,000 School Building Loan, 134%, due $10,000 each De- cember 1, 1952-1968, issued under Chapter 208, Acts of 1948.
75,000 School Building Loan, 134%, due $5,000 each De- cember 1, 1952-1958, and $4,000 each December 1, 1959-1968, issued under Chapter 44, General Laws as amended.
28,000 Highway Equipment Building Loan, 134%, due $4,000 each December 1, 1952-1958, issued under Chapter 44, General Laws as amended.
250,000 School Building Loan, 134%, due $13,000 each De- cember 1, 1952-1961, and $12,000 each December 1, 1962-1971, issued under Chapter 356, Acts of 1951.
85,000 School Building Loan, 134%, due $5,000 each De- cember 1, 1952-1956, and $4,000 each December 1, 1957-1971, issued under Chapter 44, General Laws as amended.
98
TOWN OF LINCOLN
SCHOOL MILK FUND
Receipts.
$1,182 00
Payments
1,006 48
December 31, 1951, Balance on Deposit
$175 52
SCHOLARSHIP FUND
Receipts
$407 78
Payments
278 71
December 31, 1951, Balance on Deposit.
$129 07
WATER DEPARTMENT REPORT For the Year Ending December 31, 1951
1951
January 1, Balance $9,974 25
Receipts
Operating:
Rates, 1949
47 00
Meter, 1949
13 77
Rates, 1950.
697 00
Meter, 1950.
61 03
Rates, 1951.
19,100 44
Meter, 1951.
1,220 34
Water Connections
1,875 00
Rent of Hydrants
3,135 00
Sale of Pipe.
458 64
Miscellaneous
165 70
26,773 92
$36,748 17
Expenses
Operating:
Legal and Research. $10,635 84
Power.
2,537 29
Salaries
1,125 00
Maintenance and Repairs
12,297 96
Construction
4,057 00
$30,653 09
December 31, Balance on Deposit.
6,095 08
$36,748 17
99
TREASURER'S REPORT
CEMETERY INVESTMENT FUND Cash Account
Receipts of 1951:
Proceeds of sale of cemetery lots
$1,595 00
Interest on savings bank deposit.
151 21
$1,746 21
Deduct: 1951 income paid to General Funds of Town of Lincoln.
$151 21
Deposited in Middlesex Institution for Savings . 595 00
Paid to General Funds of Town of Lin- coln, per appropriation at 1951 Town Meeting .
1,000 00
1,746 21
Savings Deposit at December 31, 1951
Middlesex Institution for Savings
$6,615 99
FREDERICK B. TAYLOR, Treasurer.
CEMETERY PERPETUAL CARE FUNDS
Principal
Income Accumulated in Prior Years
1950 Care Paid in 1951
1951 Income
Dec. 31, 1951 Balance
Funds deposited in Middlesex Institution for Savings:
Samuel Hartwell
$300 00
$25 15
$8 00
$7 97
$325 12
Orila J. Flint. . .
300 00
74 :
8 50
9 19
374 79
Annie A. Ray. . .
300 00
75
6 50
9 27
378 62
Maria L. Thompson .
500 00
150 55
8 50
16 16
658 21
John H. Pierce. .
500 00
78 24
18 25
14 07
574 06
George F. Harrington
100 00
61
2 50
2 61
106 72
Francis Flint . ..
250 00
88 03
5 00
8 37
341 40
William W. Benjamin.
500 00
192 48
11 00
17 12
698 60
Abijah Jones. ..
300 00
20 43
15 00
7 67
313 10
Ellen F. Whitney .
100 00
2 39
2 00
2 51
102 90
250 00
18 2
6 50
6 57
268 34
E. H. Rogers . .
200 00
97 08
2 50
7 41
301 99
Ellen T. Trask. .
200 00
5 82
2 50
5 10
208 42
Thomas Huddleston
400 00
30 58
4 50
10 72
436 80
Joa Pacewicz. . .
87 27
7 65
2 38
97 30
Mary Susan Rice
300 00
7 17
7 17
7 54
307 54
Donald Gordon .
300 00
119 66
5 00
10 42
425 08
Elizabeth G. Chapin .
300 00
59 69
4 50
8 93
364 12
Sarah J. Browning.
200 00
9 13
: 00 H
5 15
210 28
Agnes S. Brown. . .
300 00
24 13
9 50
7 91
322 54
Lewis W. Woodworth.
150 00
3 78
2 00
3 80
155 58
Robert B. Chapin. .
300 00
7 58
4 00
7 63
311 21
Gardner Moore. .
300 00
10 54
5 25
7 67
312 96
..
.
TOWN OF LINCOLN
100
Julia A. Bemis .
Mary James Scripture.
500 00
14 23
11 50
12 64
515 37
Charles P. Farnsworth.
350 00
10 88
6 00
8 92
363 80
Helen O. Storrow . . ..
2,000 00
99 29
61 00*
51 79
2,090 08
Elizabeth S. Wheeler
200 00
12 64
4 00
5 24
213 88
John H. Wilkins . .
675 00
34 41
7 00
17 67
720 08
L. B. and A. E. Thiessen.
500 00
12 58
512 58
Paul Dorian. .
150 00
1 56
151 56
Raymond E. Haggerty
150 00
1 56
151 56
Funds deposited in Suffolk Savings Bank:
J. Waldo Smith. .
300 00
14 50
4 50
7 79
317 79
Charles S. Smith.
300 00
15 87
4 00
7 83
319 70
Edward R. Farrar
300 00
6 62
5 00
57
309 19
Anne D. Pollard . .
300 00
6 12
5 50
7 55
308 17
$12,162 27
$1,329 47
$251 17
$328 87
$13,569 44
.
·
..
. .
...
·
...
.
. TREASURER'S REPORT
* Includes $41.00 for 1951 Care.
101
.
. . .
102
TOWN OF LINCOLN
REPORT OF TOWN AUDITOR
Special Note
The Treasurer's report on the financial condition of the Town, as reported for the end of 1951, understates the resources of the Town in one important respect. At December 31, 1951, the Town had due from the State of Massachusetts three annual installments of "State Aid" on the cost of the school building erected in 1948. The State Building Assistance Com- mission has admitted the State's liability for assistance in the amount of 25.22% on the cost of this project. At the time of going to press the Town's figures, which indicate a cost of about $370,000, were being checked before final transmittal. Certain minor elements of cost may be disallowed, but it appears that the Town will probably collect in 1952 a sum approximating $18,660, being four annual installments (of twenty to be paid) of $4,665 each.
When these funds are received, they will be added to the Town's "Free Cash" which according to the Treasurer's figures already amounted to $90,041 at the end of 1951. When it is recalled that the Town's ordinary revenue normally exceeds expenses, it seems very important that the Town consider what action to take with regard to the unusual addition to Sur- plus which is expected in 1952. In this connection, attention is called to the Finance Committee's recommendation that $25,000 of Free Cash be used for the payment of Town indebt- edness coming due in 1952.
Report
The routine duties of the Town Auditor comprise: making a survey of the financial records and of the financial assets of the Town, to determine whether the records have been kept ade- quately and if the various assets exist as stated in Town Re- ports. It is also commonly considered the duty of an auditor to point out where the risks of handling funds could be re- duced, to comment on the efficiency of record-keeping methods, and to suggest ways in which financial reports can be made
103
AUDITOR'S REPORT
more understandable to the reader. The following report covers all of these topics in the order named.
The Town records were checked as follows:
(1) A review was made of the Audit Report prepared by the Division of Audits and Accounts of the State Government. This audit covered the year 1950, and a similar audit for 1951 will be prepared early in 1952. The State Auditør made a review of all transactions of the year, and discovered no defects or irregularities. Therefore the Town Auditor had nothing to follow up from this source.
(2) The Town Auditor selected at random two months of 1951 for detailed review of all expenditure records, to deter- mine that each payment was properly authorized by the neces- sary Town Officers, and that each had been charged to the proper accounts. The months chosen were April and Novem- ber. The auditor's review leads to the conclusion that the records are being kept adequately and honestly.
(3) It is the Town Auditor's intention, when the State Audit for 1951 begins, to discuss with the State Auditor his plans and procedures, and to be present with the State Auditor at times when the Town Auditor feels that important matters are being reviewed. It is expected that this work can be reported on orally, if desired, at Town Meeting.
The only questionable matter discovered, and this has not been frequent, is the practice of correcting in pencil the amounts of the signed Selectmen's Orders when it is dis- covered that there is some error in the amount of payment already approved. In all but one of the instances, the penciled amount was less than the typed one, and the check drawn was in an amount equal to the lower figure. In the case where the correction increased the authorized payment, the Auditor requested and obtained the approval of the Selectmen for the increased amount.
In view of the unquestioned competence and honesty of the Town officers at the present time, it was decided, with the con-
104
TOWN OF LINCOLN
sent of these officers, to call to the attention of the Selectmen certain ways in which the Town could be more adequately pro- tected against loss. The Auditor recommended and the Select- men adopted a more extensive program of fidelity bonding, with higher limits on certain officers and more people covered. The small additional cost is included in the Selectmen's request for appropriations.
Some further subdivision of bank accounts is being con- sidered by the Treasurer, in order that the reserve funds of the Town can be separately controlled, apart from the smaller sums needed for withdrawal for current purposes.
During his work at the Town Hall, the Auditor was able to make minor suggestions which may reduce the time taken in record keeping. The Auditor believes that over a period of time, if attention is given to the matter, the amount of time spent in keeping adequate records of the Town's affairs can be substantially reduced. For instance, further savings of time seem possible, in connection with the payment of wages and the associated withholdings.
Finally, the Auditor feels that the financial aspects of the Town Report can be made more understandable to members of the Town if further consideration is given to the manner of their presentation. For instance, attention is called to improvements in the reports of the Treasurer and the Com- missioners of Trust Funds which appear in this Report. Fur- ther study of this matter by a special committee is recom- mended. Consideration of this matter can be taken under an Article in the Warrant submitted by the Town Auditor.
PEARSON HUNT.
105
REPORT OF STATE AUDITOR
THE COMMONWEALTH OF MASSACHUSETTS Department of Corporations and Taxation Division of Accounts State House, Boston 33
April 27, 1951.
To the Board of Selectmen: Mr. John O. Wilson, Chairman, Lincoln, Massachusetts
Gentlemen:
I submit herewith my report of an audit of the books and accounts of the Town of Lincoln for the year ending Decem- ber 31, 1950, made in accordance with the provisions of Chapter 44, General Laws. This is in the form of a report made to me by Mr. Herman B. Dine, Assistant Director of Accounts.
Very truly yours, FRANCIS X. LANG, Director of Accounts.
Mr. Francis X. Lang Director of Accounts Department of Corporations and Taxation
State House, Boston
Sir:
In accordance with your instructions, I have made an audit of the books and accounts of the Town of Lincoln for the year ending December 31, 1950, and submit the following report thereon :
An examination and verification was made of the financial transactions as recorded on the books of the several depart- ments receiving or disbursing money for the town or commit- ting bills for collection.
106
TOWN OF LINCOLN
The appropriation accounts as kept by the Board of Select- men were analyzed and checked with the Town Clerk's records of appropriations and with the Finance Committee's record of reserve fund transfers. Ledger accounts were compiled, and a balance sheet, which is appended to this report, was prepared showing the financial condition of the Town on December 31, 1950.
The books and accounts of the Town Treasurer were ex- amined and checked in detail. The receipts, as recorded, were analyzed and compared with the records of the departments collecting money for the Town and with other sources from which money was paid into the Town treasury. The pay- ments were checked with the Selectmen's warrants authorizing the disbursement of Town funds. The cash book additions were verified, and the cash balance on January 22, 1951 was proved by reconciliation of the bank balances with statements furnished by the banks of deposit and by examination of the savings bank books.
The payments made for maturing debt and interest were compared with the cancelled securities and coupons on file and with the amounts falling due.
The savings bank books and securities representing the in- vestment of the several trust and investment funds in the custody of the Town Treasurer, the Trust Fund Commission- ers, and the directors and trustees of the DeCordova and Dana Museum and Park Funds were examined and listed. The in- come was proved, the disbursements were verified, and all cash balances were proved by reconciliation with statements furnished by the banks in which these funds are deposited.
The records of tax titles held by the Town were examined and checked. The taxes transferred to the tax title account were checked with the Collector's records and the redemptions were verified by comparison with the Treasurer's recorded receipts.
The books and accounts of the Tax Collector were examined and checked. The tax and excise accounts outstanding at the . time of the previous examination and all subsequent commit- ments were audited and compared with the assessors' warrants issued for their collection. The payments to the Treasurer were verified, the abatements as recorded were compared with
107
REPORT OF STATE AUDITOR
the Assessors' records of abatements granted, the transfers to the tax title account were proved, and the outstanding accounts were listed and proved.
The records of the departmental and water accounts were examined and checked. The payments to the Treasurer were verified, the water discounts and abatements were proved, and the outstanding accounts were listed and proved.
Verification of the outstanding tax, excise, departmental, and water accounts was obtained by mailing notices to a num- ber of persons whose names appeared on the books as owing money to the Town, the replies received thereto indicating that the accounts, as listed, are correct.
The financial accounts of the Town Clerk were examined and checked. The recorded receipts from dog and sporting licenses were checked with the record of licenses issued. The payments to the Town Treasurer and to the Division of Fisher- ies and Game were verified, and the cash on hand on Janu- ary 22, 1951 was proved by actual count.
The surety bonds of the various officials required to furnish them for the faithful performance of their duties were examined and found to be in proper form.
The accounts of the boards of selectmen and health, of the wire, plumbing, and building inspectors, and of the library de- partment, as well as of all other departments collecting money for the Town or committing bills for collection, were examined and checked, the payments to the Treasurer being checked with the Treasurer's recorded receipts.
Appended to this report, in addition to the balance sheet, are tables showing a reconciliation of the Treasurer's and the Collector's cash, summaries of the tax, excise, tax title, de- partmental, and water accounts, as well as tables showing the transactions and condition of the trust and investment funds.
Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.