Town Report on Lincoln 1956-1959, Part 13

Author: Lincoln (Mass.)
Publication date: 1956
Publisher: Lincoln (Mass.)
Number of Pages: 1026


USA > Massachusetts > Middlesex County > Lincoln > Town Report on Lincoln 1956-1959 > Part 13


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$ 450.00


$ 450.00


$ 450.00


13. Supplies & Misc.


50.00


50.00


50.00


$ 500.00


$ 500.00


$ 500.00


Assessors.


14. Salaries


$ 550.00


$ 550.00


$ 550.00


15. Clerical


1,000.00


911.14


1,000.00


16. Supplies & Misc. Special Clerical


725.00


805.82


800.00


400.00


241.30


$2,675.00


$2,508.26


$2,350.00


Auditor.


17. Salary


$ 50.00


$ 50.00


$ 50.00


Legal.


$


500.00


$ 500.00


$ 500.00


Election and Registration.


19. Salaries


$ 500.00


$ 497.60


$ 300.00


20. Supplies & Misc.


550.00


641.20


575.00


$1,050.00


$1,138.80


$ 875.00


18. Counsel


186


FINANCE COMMITTEE


Appropriation 1956


Expenditures 1956


Recommendations 1957


Town Hall.


21. Salaries


$ 2,860.00


$ 2,740.00


$ 2,957.50


22. Fuel


750.00


893.72


900.00


23. Repairs & Maint.


3,227.00


2,929.24


3,100.00


24. Supplies & Misc.


966.00


794.90


700.00


$ 7,803.00


$ 7,357.86


$ 7,657.50


Planning Board.


25. Clerical & Technical


$ 300.00


$ 25.00


$ 50.00


26. Supplies & Misc.


600.00


507.35


350.00


$ 900.00


$ 532.35


400.00


Finance Committee. 27. Dues


$ 15.00


$ 15.00


$ 15.00


TOTAL FOR GENERAL


GOVERNMENT


$28,058.00


$24,902.89


$25,701.51


PROTECTION OF PERSONS


& PROPERTY


Police.


28. Salaries


$16,543.00


$16,253.98


$20,300.00


29. Supplies & Misc.


2,575.00


3,362.66


4,869.25


$19,118.00


$19,616.64


$25,169.25


Fire.


30. Salaries


$ 500.00


$ 500.00


$ 500.00


31. Labor at Fires


4,000.00


3,218.10


3,500.00


32. Instruction &


Training


500.00


33. Operation, Supplies & Equipment


4,500.00


3,668.33


4,500.00


$ 9,000.00


$ 7,386.43


$ 9,000.00


Moth Department.


34. Insect Control


$ 3,000.00


$ 2,779.35


$ 3,000.00


Poison Ivy Control


600.00


595.32


35. Dutch Elm Disease & Elm Tree Removal Brush Control


4,000.00


3,847.40


4,000.00


500.00


483.92


$ 8,100.00


$ 7,705.99


$ 7,000.00


Tree Warden.


36. Salary


$ 200.00


$ 200.00


$ 200.00


37. Pruning Public Trees


2,000.00


1,997.10


2,000.00


$ 2,200.00


$ 2,197.10


$ 2,200.00


Board of Appeals.


38. Clerical


$ 350.00


$ 305.20


350.00


39. Supplies & Misc.


350.00


332.24


350.00


700.00


$ 637.44


700.00


187


FINANCE COMMITTEE


Appropriation 1956


Expenditures 1956


Recommendations 1957


Inspectors of Building, Plumbing & Wiring. 40. Salaries & Transp.


$ 1,500.00


$ 1,102.14


$ 2,500.00


Civil Defense.


41. Supplies & Misc.


$ 450.00


$ 237.12


$ 550.00


Communications.


42. Wages


$ 8,000.00


$ 7,705.00


$ 8,000.00


43. Equipment Purchase


1,375.00


1,483.83


600.00


44. Equipment Rental & Maintenance


3,000.00


3,401.97


3,700.00


45. Supplies & Misc.


1,750.00


826.50


500.00


$14,125.00


$13,417.30


$12,800.00


TOTAL FOR PROTECTION OF PERSONS & PROPERTY


$55,193.00


$52,300.16


$59,919.25


HEALTH & SANITATION


Board of Health.


46. Salaries of Nurses


$ 2,500.50


$ 2,500.50


$ 2,440.00* 925.00


47. Supplies & Misc.


975.00


1,423.27


48. Garbage Collection


3,750.00


3,463.94


4,750.00 **


49. Engineering Service


1,500.00


$ 7,225.50


$ 7,387.71


$ 9,615.00


Inspector of Animals. 50. Salary


$ 100.00


$ 100.00


$ 100.00


TOTAL FOR HEALTH & SANITATION


$8,325.50


$ 7,487.71


$ 9,715.00


* $860.00 Add'l. to be paid by School Dept.


** To be taken from Free Cash and returned thereto from garbage collection receipts.


HIGHWAYS


51. Chapter 90 Maintenance


$ 4,500.00


$ 4,479.28


$ 4,500.00*


52. Chapter 90 Construction


13,000.00


21,848.96


13,000.00 **


$17,500.00


$26,328.24


$17,500.00


* State & County share of $3,000 for Item 51 & $9,750 for Item 52 to be taken from Free Cash and returned to Free Cash when received.


General Highways.


53. Wages


$16,150.00


$15,601.14


$19,200.00


54. General Expenses


1,022.00


2,499.35


1,800.00


55. Highway Maintenance


12,000.00


7,969.77


15,000.00


188


FINANCE COMMITTEE


Appropriation 1956


Expenditures 1956


Recommendations 1957


56. Snow Removal


$ 6,500.00


$ 8,892.12


$ 6,500.00


57. Equipment, Maint. & Supplies


10,200.00


10,197.86


8,500.00


$ 45,872.00


$ 45,158.24


$ 51,000.00


58. Street Lights


$ 6,252.38


$ 6,295.69


$ 6,442.02


TOTAL FOR HIGHWAYS


$ 69,624.38


$ 77,782.17


74,942.02


AID TO CITIZENS


59. Public Welfare


$ 20,000.00


$ 19,130.31


$ 18,000.00


60. Public Welfare Adm.


1,000.00


988.04


700.00


61. Veterans' Aid


500.00


500.00


TOTAL FOR AID TO CITIZENS


$ 21,500.00


$ 20,118.35


$ 19,200.00


EDUCATION


62. General Control


$ 13,030.00


$ 12,999.34


$ 14,685.00


63. Out of State Travel


400.00


280.35


300.00


64. Instruction


151,187.00


153,483.69


172,555.00


65. Operation


23,890.00


23,995.16


27,556.00


66. Maintenance


3,875.00


3,911.94


7,988.00


67. Auxiliary Agencies Vocational


47,006.00


46,718.64


26,065.00


68. Outlay


766.92


1,431.48


1,920.00


69. New Equipment


$241,319.92


$243,939.52


$252,869.00


* $698.78 to be taken from deCordova School Equipment


Fund and $37.89 from the


Grammar School Fund Income.


Regional High School.


70. Lincoln-Sudbury Regional High School District


$ 57,164.47


$ 57,971.47


$121,235.80


Library.


71. Salaries


$ 5,086.00


$ 5,219.50


$ 5,311.00*


72. Books


1,475.00


1,459.90


1,450.00


73. Supplies & Misc.


1,528.00


1,373.65


975.00


74. Repairs


300.00


825.00


670.00


$ 8,389.00


$ 8,878.05


$ 8,406.00


* $941.22 to be taken from County dog tax receipts


TOTAL FOR EDUCATION


$306,873.39


$310,789.04


$382,510.80


1,165.00


1,118.92


1,800.00*


189


FINANCE COMMITTEE


Appropriation 1956


Expenditures 1956


Recommendations 1957


RECREATION


75. Salaries


$ 2,100.00


$ 1,805.00


# 1,925.00


76. Supplies & Misc. 77. Operation


815.00


889.87


820.00


775.00


TOTAL FOR RECREATION


$ 2,915.00


$ 2,694.87


$ 3,520.00


CEMETERY


78. Salaries


$ 150.00


$ 150.00


$ 150.00


79. Interments


300.00


615.04


500.00


80. Labor & Maint.


2,825.00


2,636.40


2,825.00


81. Supplies & Misc.


120.00


102.63


120.00


TOTAL FOR CEMETERIES


$ 3,395.00


$ 3,504.07


$ 3,595.00


UNCLASSIFIED


82. Middlesex County


Pension Fund


$ 3,429.00


$ 3,429.00


$ 3,115.99


83. Employee Insurance & Hosp. Fund


3,700.00


84. Property Insurance


6,000.00


6,000.00


8,176.89


85. Town Reports


1,062.05


1,053.99


1,000.00


86. Rent & Maint. of Dump


1,750.00


1,692.70


1,750.00


87. Rent of Hydrants


3,495.00


3,495.00


3,495.00


TOTAL FOR UNCLASSIFIED


$ 15,736.05


$ 15,670.69


$ 17,537.88


TOWN DEBT SERVICE


88. School Building Bonds


$ 33,000.00


$ 33,000.00


$ 32,000.00


89. Interest on School Bonds


7,840.00


7,840.00


7,262.50


90. Highway Equipment


Building Bonds


4,000.00


4,000.00


4,000.00


91. Interest on Highway Building Bonds


210.00


210.00


140.00


92. Interest on Tax Notes


700.00


1,016.11


1,500.00


93. Water Works Bonds


3,000.00


3,000.00


5,500.00 **


94. Interest on Water Works


Bonds


96.25


96.25


1,388.75 **


$ 48,846.25


$ 49,162.36


$ 51,791.25


To be taken from Water Works Treasury


RESERVE FUND


95. Reserve Fund


$ 13,000.00


$ 10,000.00


* Transfers from 1956 Reserve Fund of $12,313.02 are included in expenditures listed above.


TOTAL 1956 APPROPRIATIONS &


EXPENDITURES


$573,466.57


$564,422.31


TOTAL RECOMMENDED FOR 1957


$664,632.83


190


FINANCE COMMITTEE


Appropriation 1956


Expenditures 1956


Recommendations 1957


WATER WORKS (from Water Works Treasury)


96. Salaries & Wages


$ 9,725.00


$ 9,456.40


$ 10,261.00


97. Supplies, Maint. & Rentals


12,450.00


11,906.62


15,000.00


98. Meters, Operating Exp. & Misc.


13,185.00


6,840.79


9,850.00


99. Bond Service


3,096.25


3,096.25


6,888.75


TOTAL FOR WATER WORKS


$38,456.25


$31,300.06


$ 41,999.75


191


WARRANT


1957


NOTICE


COMMONWEALTH OF MASSACHUSETTS.


MIDDLESEX, ss.


To either of the Constables of the Town of Lincoln in said County: GREETING :


In the name of the Commonwealth you are hereby required to notify the legal voters of said Town of Lincoln qualified to vote in Town Meeting for the transaction of Town Affairs, to meet in the Charles S. Smith School in said Lincoln, on Monday the eighteenth day of March next at 7:30 o'clock P. M. then and there to act on the following articles except Article 1 and also to meet at the Charles S. Smith School on Saturday, the 23rd day of March next, at 12 o'clock noon, then and there to act on the following Article 1, by posting a copy of this Warrant by you attested, in each of the Post Offices, and in some other public place in said Town seven days at least before the eighteenth day of March next.


The polls for voting the Australian ballot on Saturday, March twenty- third, will be open at 12 o'clock noon and may be closed at 7 o'clock P. M.


ARTICLE 1. To bring in their votes for one member for each of the following offices:


Moderator for three years.


Town Clerk for one year. Selectman for three years. Assessor for three years. Treasurer for one year. Auditor for one year. School Committee for three years.


Regional District School Committee for three years.


Water Commissioner for three years.


Board of Health for three years. Tree Warden for one year.


Commissioner of Trust Funds for three years.


Trustee of Bemis Fund for three years.


192


WARRANT FOR 1957


Cemetery Commissioner for three years. Cemetery Commissioner for two years. Planning Board member for five years. Director of deCordova & Dana Museum for four years.


ARTICLE 2. To bring in their votes for any committees, commission- ers, trustees, and other officers, required by law to be elected by ballot or otherwise.


Selectmen


ARTICLE 3. To hear and act upon the reports of Town Officers, Committees, Commissioners and Trustees.


Selectmen


ARTICLE 4. To fix the salaries and compensation of the several elective officers of the Town and to determine whether any Department, Board or Committee shall be authorized to employ for additional com- pensation any of its members and to fix additional compensation of such members.


Selectmen


ARTICLE 5. To raise and appropriate money for the necessary and expedient purposes of the Town or take any other action relative thereto.


Selectmen


ARTICLE 6. To determine whether the Town will vote to authorize the Town Treasurer, with the approval of the Selectmen, to borrow money from time to time in anticipation of the revenue of the financial year beginning January 1, 1958, and to issue a note or notes therefor, payable within one year and to renew any note or notes as may be given for a period of less than one year in accordance with Section 17, Chapter 44, General Laws.


Selectmen


ARTICLE 7. To determine whether the Town will vote to raise and appropriate the sum of $327.41 to pay the following unpaid 1956 bills:


Board of Health


$ 6.15


Highways


78.41


Library


13.00


Cemetery


172.80


Recreation


5.75


193


WARRANT FOR 1957


Water Department Fire Department


2.00 49.30


or take any other action relative thereto.


Treasurer


(Approved by the Finance Committee)


ARTICLE 8. To determine whether the Town will instruct the Select- men to petition the Director of Accounts to install the State Account- ing System in accordance with Section 35, Chapter 44, General Laws as amended, or take any other action relative thereto.


Selectmen


ARTICLE 9. To determine whether the Town will vote to raise and appropriate the sum of $7,500, or any other sum, for the purpose of remodeling the offices and facilities in the Lower Town Hall, or take any action relative thereto.


Selectmen


(Finance Committee will report at Town Meeting)


ARTICLE 10. To determine whether the Town will vote to raise and appropriate the sum of $3,000, or any other sum, to replace the roof on the Town Hall, or take any action relative thereto.


Selectmen (Approved by the Finance Committee)


ARTICLE 11. To determine whether the Town will vote to raise and appropriate the sum of $1,750, or any other sum, for the purchase of a Police Cruiser to replace existing equipment, or take any action relative thereto.


Selectmen (Approved by the Finance Committee)


ARTICLE 12. To determine whether the Town will vote to raise and appropriate the sum of $3,283.14, or any other sum, for replacement of the pump on Engine 32, or take any action relative thereto.


Selectmen (Approved by the Finance Committee)


ARTICLE 13. To determine whether the Town will vote to raise and appropriate the sum of $17,500, or any other sum, to purchase a new


194


WARRANT FOR 1957


fire truck to replace Engine 33, or take any action relative thereto.


Selectmen (Approved by the Finance Committee)


ARTICLE 14. To determine whether the Town will vote to raise and appropriate the sum of $1,350.00, or any other sum, for the control of poison ivy as defined under Chapter 40, or take any action relative thereto.


Selectmen (Finance Committee takes no position)


ARTICLE 15. To determine whether the Town will vote to raise and appropriate the sum of $6,500, or any other sum, for the purpose of continuing the East Middlesex Mosquito Control Project as provided under Chapter 252 of the General Laws, or take any action relative thereto.


Selectmen (Finance Committee takes no position)


ARTICLE 16. To determine whether the Town will amend the Building By-Law of the Town by striking out the whole of said By-Law as amended and by substituting therefor a new building by-law, copies of which are on file in the office of the Inspector of Buildings, the Board of Selectmen and the Town Clerk, or will otherwise amend said Building By-Law, or take any other action relative thereto.


Selectmen


ARTICLE 17. To determine whether the Town will vote to raise and appropriate the sum of $500, or any other sum, to print copies of the new Building By-Law, or take any other action relative thereto.


Selectmen (Approved by Finance Committee)


ARTICLE 18. To determine whether the Town will vote to raise and appropriate the sum of $2,000, or any other sum, to be used by the Planning Board for consultant services for an objective study of the impact of light industrial and/or commercial zoning upon the Town, or take any other action relative thereto.


Planning Board


(Approved by Finance Committee)


ARTICLE 19. To determine whether the Town will vote to raise and appropriate the sum of $20,100, or any other sum, to purchase the


195


WARRANT FOR 1957


following Town vehicles to replace existing equipment, or take any other action relative thereto:


1. Highway Department Truck


2. Front End Loader (Four Wheel Drive)


3. Pickup Truck


Selectmen


(Approved by Finance Committee)


ARTICLE 20. To determine whether the Town will vote to raise and appropriate, or transfer from available funds in the treasury, a sum of money for the permanent construction of Farrar Road, or take any other action relative thereto.


Selectmen (Finance Committee will give opinion at Town Meeting)


ARTICLE 21. To determine whether the Town will accept as a public way the private road known as Oak Knoll, as shown on plan entitled "Plan of Land in Lincoln, Mass., Fred A. Joyce, surveyor, dated September 9, 1953" and filed in the Land Court as Plan #20941B, a copy of which is filed with Certificate #79039 which is recorded with the Land Registration section, Middlesex South District Registry of Deeds, Book 525, Page 89; approved by the Planning Board of the Town of Lincoln, February 3, 1954, or take any other action relative there- to.


By Petition


ARTICLE 22. To determine whether the Town will accept as a public way the private road known as Acorn Lane, as shown on plan entitled "Plan of Land in Lincoln, Mass. , Rowland A. Barnes & Company, Civil Engineers, dated October, 1955", and filed with South Middlesex Dis- trict Registry of Deeds as plan #2463 of 1955, recorded in Registry of Deeds Book #8644, Page 70, and approved by the Planning Board of the Town of Lincoln, December 30, 1955, or take any other action rela- tive thereto.


By Petition


ARTICLE 23. To determine whether the Town will vote to authorize the School Committee in its discretion to enter into an agreement with the U. S. Commissioner of Education to operate an elementary school to be located on L. G. Hanscom Field, Cambridge Research Center, or take any other action relative thereto.


School Committee (Finance Committee will give opinion at Town Meeting)


196


WARRANT FOR 1957


ARTICLE 24. To determine whether the Town will vote to acquire by purchase, gift, eminent domain or any other way, a parcel of land located on Lincoln Road, now or formerly owned by the New England Tele- phone and Telegraph Co., containing 4400 square feet more or less, together with the building thereon, raise and appropriate a sum of money therefor, or take any other action relative thereto.


School Committee


(Finance Committee will give opinion at Town Meeting)


ARTICLE 25. To determine whether the Town will vote to raise and appropriate a sum of money to be used by the School Committee in renovating the Telephone Building, so-called, on Lincoln Road, for school purposes, or take any other action relative thereto.


School Committee


(Finance Committee will give opinion at Town Meeting)


ARTICLE 26. To determine whether the Town will vote to raise and appropriate the sum of $1,050, or any other sum for the purpose of transporting children to Lake Walden for Red Cross swimming classes, or take any other action relative thereto.


Recreation Committee


(Finance Committee does not approve)


ARTICLE 27. To determine whether the Town will vote to appropriate the sum of $600 for permanent improvements in the Cemeteries, said sum to be taken from the Cemetery Improvement Fund, or take any other action relative thereto.


Cemetery Commissioners (Approved by Finance Committee)


ARTICLE 28. To see if the Town will vote to conduct services on Memorial Day, the thirtieth of May, appoint a committee, raise and appropriate the sum of $150, or any other sum, or take any other action relative thereto.


Selectmen


(Finance Committee takes no position)


ARTICLE 29. To see if the Town will vote to celebrate Independence Day, the fourth of July, appoint a committee, raise and appropriate the sum of $1,000, or any other sum, or take any action relative there- to.


Selectmen


(Finance Committee takes no position)


197


WARRANT FOR 1957


Hereof fail not and make due return of this Warrant with your doings thereon to the Town Clerk, at or before the time for the meeting aforesaid. Given under our hands this 14th day of February in the year of our Lord one thousand nine hundred and fifty-seven.


Charles K. Fitts William T. King Elliott V. Grabill


Selectmen of Lincoln


198


TOWN OF LINCOLN


Report of the


LONG-TERM CAPITAL REQUIREMENTS COMMITTEE


Appointed by the Moderator Pursuant to the Vote of the Town


1956


Table 1


TOWN OF LINCOLN - PROPOSED PROGRAM OF CAPITAL EXPENDITURES, 1956-1975 (in dollars of 1955 purchasing power)


DEPARTMENTAL


1956


1957


1958


1959


1960


1956-1960


1961-1965


1966-1970


1970-1975


GENERAL GOVERNMENT Town Offices


-


-


10,000


PROTECTION OF PERSONS


AND PROPERTY


Fire Station


5,000


95,000


100,000


50,000


Fire Equipment


8,000


8,000


15,000


Police Cars


1,500


1,500


1,500


1,500


1,500


7,500


7,500


7,500


7,500


Civil Defense


4,000


4,000


HEALTH AND SANITATION,


RECREATION


Land


30,000


30,000


Tennis Courts


14,000


14,000


HIGHWAYS


Road Improvement


32,000+


40,000ta


40,000ta


40,000ta


45,000+a


197,000+


90,000+


90,000+


90,000+


New Roads, Sidewalks, Parking incl. land


10,000


10,000


Road Equipment


9,800


12,500


14,500


10,000


7,500


54,300


50,000-75,000


50,000-75,000


50,000-75,000


SCHOOLS


Elementary


230,000


230,000


165,000


200,000


200,000


High School


250,000


100,000


120,000


LIBRARY


Addition


3,000


62,000


65,000


Clock


4,000


4,000


DEPARTMENTAL TOTAL


51,300


233,000


300,000


95,500


54,000


733,800


577,000-602,000


497,000-523,000


467,500-492,500


of which from:


borrowing


165,000


230,000


30,000


425,000


415,000


350,000


320,000


State Chapter 90


24,000


30,000


30,000


30,000


33,750


147,750


67,500


67,500


67,500


Tax Revenues


27,300


38,000


40,000


35,500


20,250


161,050


95,000-120,000


80,000-105,000


80,000-105,000


PUBLIC SERVICE


WATER DEPARTMENT


MAIN REPLACEMENT AND


FACILITIES CONSTRUCTION


14,000


16,000


18,000


20,000


22,000


90,000


60,000


55,000


16" main to reservoir


-


80,000


80,000


New Water Supply TOTAL -


14,000


16,000


18,000


100,000


22,000


170,000


60,000


55,000


500,000


of which from borrowing


-


-- -


80,000


---


80,000


--


---


450,000


Cemeteries


400


400


400


400


400


2,000


2,000


2,000


2,000


-


-


-


--


---


--


*Chapter 90 construction, three-quarters of cost being borne by state and county.


a Reconstruction and extension of Old County Road, subject to study.


-


- -


-


---


---


500,000


Road improvement


---


-


10,000


TOWN OF LINCOLN


LONG-TERM CAPITAL REQUIREMENTS COMMITTEE


Summary of Conclusions and Recommendations


1. Recent capital expenditures have varied from $39,800 in 1954 to $386,600 in 1952 (Table 2, page 4).


2. It is estimated that the Town will grow in population from 3,000 as at present to 5,500 in 1975, and from 800 houses to 1,500 (page 8).


3. In these circumstances, the Committee recommends a program of cap- ital expenditures which is defined fairly precisely for the next five years. This program amounts to approximately $750,000 for regular governmen- tal functions and $170,000 for water. This program for the next 15 years is necessarily less definite (Table 1, opposite).


4. This program of capital expenditures may involve a tax rate rising from $54 in 1955 to $64 in 1958 (Table 6, page 29).


5. The Committee suggested that more time be devoted to planning long-term capital requirements, both by the Planning Board in physical terms and financially by future Capital Expenditures Committees which it recommends be appointed annually.


1


Introduction


At the 1955 regular Town Meeting, the Town voted that the Moderator appoint a committee of three to study the long-term capital requirements of the Town, with the assistance of advisory members representing the Selectmen, the Planning Board and the Finance Committee. The Committee was voted $100 of expenses and required to report not later than the 1956 Town Meeting.


On June 30, the Moderator appointed C. P. Kindleberger, W. M. Rand, and M. E. Shank to the Committee. The chairmen of their respective boards and committees appointed as advisory members: Selectmen, H. DeC. Ward; Planning Board, A. McClennen; and Finance Committee, C. K. Fitts. The Committee organized itself with W. M. Rand, Chairman, and C. P. Kindleberger, Clerk.


The Committee has met with the appropriate boards and committees of the Town. The Committee is grateful to the members of these bodies, to employees and officers of the Town, and to interested citizens who have sup- plied information and opinions. Responsibility for the recommendations, however, belongs to the Committee alone.


The Committee assumed that its task was to


a) study the record of the Town's capital expenditures;


b) forecast the probable growth of the Town's population;


c) estimate the capital requirements of the Town, broken down in respect to


i) necessity


ii) timing


d) furnish an indication of the financial implications of these expenditures in terms of initial cost, financing effect on current expenditures, and probable effect on tax rates.


With respect to necessity, the Committee has noted those recommended projects which are, in its view, unavoidable, to give an idea of the minimum level of expenditures which the Town could anticipate.


In timing, the emphasis has been put on the next 5 years, with, however, some indication of requirements in the 3 five-year periods following that. The first period has been broken down into separate years.


The estimates of future capital requirements in this report are based on the present value of the dollar. If inflation should continue in the future as it has in the past -- prices of construction, for example, have risen from 100 in 1947-49 to 126 in 1955, or at a rate of 5 per cent a year -- these estimates will have to be revised upward.


Record of Capital Expenditure


A record of capital expenditure can be compiled on the basis of expendi- ture on capital projects, or if the money is borrowed, on the basis of payment for debt service, including interest and debt repayment. This report gives both.


2


The record of expenditure on capital projects is necessarily very approximate for a variety of theoretical and practical reasons. Table 2 gives therefore only an approximate account of the capital expenditures of the Town for the last 10 years. Like Table 1, it is broken down to conform with the normal headings into which municipal expenditure in the Commonwealth is divided. The table, it should be noted, records expenditures only and ignores committments. It does not therefore include the contracted capital outlays required in 1956 and subsequent years by Lincoln' s participation in the Lin- coln-Sudbury regional school district.


Table 3 relates these capital expenditures to the total picture of the Town's finances. Subtracting the capital from total expenditures leaves an estimate of current expenses, including interest and repayment on previous borrowings. This series for current expenditures, it will be noticed, increases steadily from year to year with a particularly steep jump in the year 1953. The expenditure figures are shown pictorially, along with extraordinary receipts and borrowing, in Chart 1.


Table 4 gives the Town's debt position, along with assessed valuations and the tax rate.


CHART 1


CURRENT AND CAPITAL EXPENDITURES


Thousands of Dollars


600


Borrowing


Extraordinary Receipts


500


Current Expenditures.


400


1


300


Capital Expenditures


200


-


100


O


1946


1947


1948


1949


1950


1951


1952


1953


1954


1955


3


Table 2


Town of Lincoln Record of Gross Capital Expenditures 1956-1955


General Government


Protection of Persons - Property


Highways


Schools Schools


Recre- ation


TOTAL Departmental


Public Service- Water




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