USA > Massachusetts > Essex County > Andover > Town annual report of Andover 1963-1969 > Part 55
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 | Part 56 | Part 57 | Part 58 | Part 59 | Part 60 | Part 61 | Part 62 | Part 63 | Part 64 | Part 65 | Part 66 | Part 67 | Part 68 | Part 69 | Part 70 | Part 71 | Part 72 | Part 73 | Part 74 | Part 75 | Part 76 | Part 77 | Part 78 | Part 79 | Part 80 | Part 81 | Part 82 | Part 83
1,600.00
1,600.00
Other Expenses
635.00
579.21
55.79
Building Inspection
13,946.00
12,536.69
1,409.31
Personal Services Other Expenses
2,365.00
2,015.05
349.95
D. P. W. Administration
4,462.00
4,300.00
162.00
Personal Services Other Expenses
3,050.00
2,188.18
861.82
Highways
Personal Services
98,342.00
98,342.00
Other Expenses
50,800.65
45,272.02
1,566.43
Snow Removal
Personal Services
26,938.00
26,938.00
Other Expenses
55,260.00
55,134.04
125.96
Sidewalks
11,413.00
3,523.69
7,889.31
Other Expenses Parks
13,700.00
2,832.10
10,867.90
Personal Services
15,560.00
14,789.82
770.18
Other Expenses Tree
2,700.00
2,224.71
475.29
Personal Services Other Expenses
18,602.00 4,600.00
18,602.00
2,973.74
226.26
1,400.00
Transfer to
3,962.20
Personal Services
551.92
999.98
Dutch Elm Control Personal Services Other Expenses Insect Pest Control Personal Services Other Expenses Vehicle Maintenance Personal Services Other Expenses
Balance from 1966
Total Available
Expended
Revenue
Revenue
Fund
for 1968
13,460.00
13,162.73
297.27
1,950.00
1,042.47
907.53
9,162.00
9,138.10
23.90
10,475.00
9,872.83
602.17
14,070.00
13,998.71
71.29
27,650.00
27,640.29
9.71
Street Lighting Other Expenses
50,000.00
46,628.98
3,371.02
Engineering
Personal Services
11,963.00
10,875.94
1,087.06
Other Expenses
1,035.00
833.62
201.38
Sewer
Personal Services
25,360.00
25,075.82
284.18
Other Expenses
15,930.80
14,252.84
1,677.96
Landfill
Personal Services
12,844.00
12,844.00
Other Expenses
6,900.00
6,561.36
338.64
Garbage Contract Other Expenses
30,000.00
30,000.00
Health
Personal Services
19,956.00
18,464.41
1,491.59
Other Expenses
7,930.00
2,804.04
5,125.96
Animal Inspection
Personal Services
600.00
600.00
Public Welfare
Personal Services
9,963.00
9,308.97
654.03
Other Expenses Assistance
135,000.00 135,000.00
Veterans' Services
Personal Services
12,045.54
12,045.54
Other Expenses
980.00
732.38
237.62
Assistance
35,523.50
34,924.32
599.18
School Department
Personal Services
2,438,952.00 2,357, 513 .19
81,438.81
Other Expenses
573,279.00 572,420.90 858.10
Regional Vocational School
71,419.00 71,418.67
.33
Library
Personal Services
124,352.00 122,492.57
1,859.43
Other Expenses
42,264.91
42,037.10
227.81
Recreation
Personal Services
38,754.00
36,029.95
2,724.05
Other Expenses
9,811.64 9,729.19
82.45
Water Department Personal Services
97,247.19 3,351.81
Other Expenses
100,599.00 109,237.80
79,333.54
23,167.95
2,587.80
4,148.51
115
Transfer to
Surplus
Reserve
Balance Reserved
863.00
263.18
599.82
116
Balance from 1966
Total Available
Expended
Revenue
Surplus Revenue
Reserve
Balance Reserved for 1968
Cemetery Personal Services Other Expenses
30,271.85
29,542.90
728.95
6,130.00
4,832.75
1,297.25
Insurance
51,070.00
50,998.60
71.40
Employee Benefits
25,007.68
21,788.10
3,219.58
Patriotic & Civic Celebrations
1,850.00
1,848.92
1.08
Veterans' Headquarters Rental
2,160.00
2,160.00
Retirement
104,572.00 104,572.00
Damages to Persons & Prop.
3,833.00
3,561.61
271.39
Debt Interest
300,903.01 301,661.06
758.05
Bond Redemption
599,000.00 599,000.00
Equipment Outlay
23,200.00
18,379.40
4,820.60
Compensation Plan
6,130.41
6,130.41
Special Account-Secondary School Needs
320.34
320.34
320.34
Art.44,'60-Land at Haggetts
Pond for Inc'g Water Storage 7,252.20
4,752.00
2,500.20
Art.48, '60-Rogers Brook
2,000.00
2,000.00
Art. 6,'61-Eng. Supervision Route 495
4,269.71
Art.21,'62-Land Acquisition
13,830.54
6,000.00
7,830.54
Art .49, '62-Chap. 90-Hwy Constr.
1,136.88
1,136.88
Art. 6, '63-Roadway Improve-
ments - Chap.782
169.08
169.08
Art.10,'63-Est. Boundaries
505.60
505.60
Art. 11,'63-Sidewalk Construc- tion - Lovejoy Road 3,848.50
3,848.50
Station-Mouth of Fish Brook
730.93
730.93
Art. 6, '64-Roadway Improve
ments - Chap. 822 195.91
195.91
Art. 7, '64-Chap. 90-Hwy Constr. 1,779.10
1,779.10
Art. 8,'64-New High School 2,074,021.48
2,973, 998.28 2,259,687.99
714,310.29
Art. 8,'64-Rogers Brook 25,000.00
25,000.00
Art.10,'64-Est. Boundaries
2,000:00
274.00
1,726.00
Art.13,'64-Imp. to Water Sys. 5,234.64
122.00
4,234.64
878.00
Art.21,22,23'64-Land Acq. 28,462.71
71.20
21,891.51
Art.23, '64-Recreational
Facilities
1,534.10
293.42
1,240.68
Art. 3,'65-Land Acquisition Shawsheen Road
.80
. 80
Art. 4,'65-Acq. Shorten Prop.
3,865.10
3,865.10
Art. 6,'65-Improvements to
Water System-Dascomb Road
7,250.98
7,571.74
5,789.44
Art. 6,1965-Fish Brook
57,881.50
14,500.13
32,881.50
10,499.87
Art. 7,'65-Chap. 90-Hwy. Const.
55,000.00
55,000.00
Art.13,'63-Land for Pumping
4,269.71
Fund
Transfer to
Transfer to
Balance from 1966
Total Available
Expended
Revenue
Surplus Revenue
Reserve Fund
Balance Reserved for 1968
2,000.00
12,745.85
20,694.68
2,000.00 37.97
150,000.00
665.06
495.00
170.06
549,825.00
549,825.00
Art.11,'65-Fire Sta .- W.And.
9,951.12
10,961.01
Art. 12,'65-Surface Water
2,754.74
2,754.74
1,000.00
1,000.00
Art.27, '65-Land Purchase- School and Essex Streets
1,296.00
1,296.00
Art.31, '65-Water Main-Cross St.
2,553.86
2,553.86
Art. 1,'66-Land for Sch.Site
100,000.00
50,128.69
49,871.31
Art. 1,'66-Land for Mun. Bldgs.
7,500.00
7,500.00
Art. 3,'66-Purchase of Fee in Land
7,000.00
7,000.00
Art. 5,'66-Eng . Haggetts Pond
6,500.00
3,880.00
2,620.00
Art. 6,'66-Chap. 90-Highway Construction
54,000.00
54,000.00
Art. 8,'66-Roadway Improvemts
23,295.12
16,285.79
7,009.33
Art. 9,'66-Property Value Equalization Program
13,981.20
13,483.00
498.20
Art . 10, '66-Water Drnge. Impr.
7,746.56
2,731.10
5,015.46
Art.11,'66-North St. Constr.
7,000.00
7,000.00
Art.14,'66-Water Sys . Improve.
502,691.51
57,308.49
Art.18, '66-Improving Pomps Pd.
13,382.50
210.28
13,172.22
Art.19,'66-Impr. to Sewer Sys.
7,365.34
628.98
2,358.96
4,377.40
Art.21,'66-Conservation Fund
1,350.00
650.00
700.00
Art.23,'66-Conservation Fund
3,000.00
3,000.00
Art.28,'66-Sewer Main-Wildrose Drive and Holly Terrace
16,879.30
648.04
6,879.30
9,351.96
Art.29,'66-Sewer Main-Shipman Road
14,405.31
867.80
4,405.31
9,132.20
Art. 6,'67-Chap. 90-Highway Construction
54,000.00
Art. 7, '67-Water Drge. Imprmts,
13,044.55
1,955.45
Art. 8,'67-North St. Reconst.
3,332.00
2,668.00
Art.10,'67-Conservation Purp.
7,500.00
Art.11,'67-Reserve Fund
25,000.00
25,000.00
Art. 12,'67-Stabilization Fund
25,000.00
Art.13,'67-Bancroft Rd. Reserv.
1,014,349.42
185,650.58
Art.16,'67-New Central Fire
Station
196,351.09
16,648.91
Art.17,'67-Tuition Charges of Employees
500.00
117
Art.9,'65-Est . Boundaries Art.11,'65-Library Addition Art. 11, '65-Police Station (To Art. 7A,1967) Art.11,'65-Public Wks. Garage Art.11,'65-Town Hall
Drainage Improvements Art.19, '65-Water Storage Haggetts Pond
118
Balance from 1966
Total Available
Expended
Revenue
Surplus Revenue
Reserve Fund
Balance Reserved for 1968
Art.18,'67-Easement - Land of W.R.Hill
100.00
Art.20,'67-Demolish Shaw Barn
1,370.00
1,630.00
Art.21,'67-Acquisition-Lot 7, Map 147 Art.22, '67-Acquisition - Iceland Road Lot 85
100.00
2,900.00
6,500.00
Art.23,'67-Beautification - Business Area Downtown
1,021.60
Art.24, '67-Renovation-Jr. H.S.
8,000.00
Art.25, '67-Engineering Study- Sewer, W.And. Inds . Area
5,000.00
1,000.00
Art.34,'67-Award Damages - Burnham Road
266.25
33.75
Art.28,'67-Free Cash to Reduce Tax Rate
650,547.00
650,547.00
Art. 1,'67-Bancroft School
2,000,000.00
405,479.07
1,594,520.93
Art .1B, '67-Snow Removal
21,800.00
16,866.43
4,933.57
Art.2B,'67-Interest on Debt
14,000.00
14,000.00
Art.3B, '67-Rogers Brook
9,000.00
9,000.00
Art.4A, '67-Services-Lowell
Jct. Industrial Area
25,000.00
2,736.00
22,264.00
Art.5B;'67-Contract with MBTA
1,500.00
1,500.00
Art.6A, '67-Architect-Addition to West School
80,000.00
35.00
79,965.00
Art.6B,'67=Water Main-Bancroft Road
28,800.00
28,800.00
Art.7A,'67-Public Safety Ctr.
746,648.91
211,200.00
535,448.91
Art.12B,'67-Land for School on High Plain Road
10,000.00
6.00
Federal Grants
ADC-Administration
4,611.12
9,345.71
3,167.90
Assistance
12,195.03
40,228.88
29,947.49
10,281.39
DA -Administration
3,135.65
5,093.39
1,617.70
3,475.69
Assistance
3,876.96
14,813.09
12,164.84
2,648.25
OAA-Administration
5,581.72
10,250.99
4,738.00
5,512.99
Assistance
24,820.46
59,235.64
39,217.10
20,018.54
3,387.25
6,237.40
6,237.40
25,903.23 108,199.90
85,748.39
22,451.51
Aid to Cuban Refugees
634.60
1,119.70
189.00
930.70
School Cafeterias
31,539.98 239,492.67
214,214.51
25,278.16
Andover Athletic Asso.
7,600.28
17,433.75
11,048.66
6,385.09
9,994.00
6,177.81
MA -Administration Assistance
Transfer to
EXPENDITURES FOR AGENCIES AND MISCELLANEOUS ACCOUNTS
December 31, 1967
Employee's Payroll Deductions:
Federal Withholding Taxes
State Withholding Taxes
Blue Cross - Blue Shield
Group Life Insurance
United Fund Savings Bonds
28,031.25
Trust Funds
2,583.10
Cemetery Perpetual Care Funds
4,063.34
Dog Licenses to County
4,033.00
Walter Raymond Fund
361.80
George Barden Fund
477.50
N. D. E. A. Title III
7,406.11 439.62
N. D. E. A. Title V
N. D. E. A. Title I
11,903.39
Petty Cash Advance
1,080.00
Temporary Loan - Anticipation of Federal Grant
8,500.00
Revenue Cash Investments
2,200,000.00
Non-Revenue Cash Investments
5,900,000.00 500,000.00
Temporary Loan - Anticipation of Revenue
Anticipation of Bond Issue
195,000.00
County Tax
157,632.65
State Parks & Reservations
24,617.05
Motor Vehicle Excise Billing
1,884.60
State Audit of Municipal Accounts
4,028.33 101.20 124.06
Federal Loan - Bancroft School Plans
74,236.50
Highway - Guaranty Deposit
2,500.00
P. L. - 88-210
2,754.15
Parking Meters
362.15
Bond Issue Expense
9,397.22
Miscellaneous
3,292.38
Refunds :
341.38
Motor Vehicle Excises
21,163.30
Personal Property Taxes
186.40
Real Estate Taxes
48,105.95
Miscellaneous
485.94
$9,821,185.16
RECAPITULATION
Cash Balance January 1, 1967 $ 4,674,825.41
Receipts
22,239,881.19
Total
$26,887,706.60
Disbursements
$21,282,500.50
Cash Balance, December 31, 1967
$ 5,605,206.10
$ 488,932.78 60,351.07 50,911.81 5,012.38 884.75
119
1
Water Rates.
State Examination of Retirement System
Miscellaneous - Estimated Receipts
ANDOVER CONTRIBUTORY RETIREMENT SYSTEM
ANNUAL REPORT December 31, 1967
Cash Balance January 1, 1967
Merrimack Valley National Bank Savings Accounts
$ 9,733.40
16,001.00
$ 25,734.40
Receipts :
Appropriations : Town
$104,572.00
Housing Authority
899.00
105,471.00
Employees' Deductions
75,457.42
Investment Income
31,017.19
211,945.61
$237,680.01
Disbursements :
Administrative Expenses :
Salaries
3,164.22
Premiums on Position Bonds
53.00
Safe Deposit Box Rent
50.00
Association Dues
25.00
Office Supplies
9.74
Printing
120.75
Miscellaneous
20.00
3,442.71
Refund of Deductions
14,874.60
Annuities Paid
23,374.38
Pensions Paid
110,438.66
Purchase of Securities
49,793.47
201,923.82
Cash Balance December 31, 1967
5,755.19
Merrimack Valley National Bank Andover Savings Bank
10,001.00
Provident Institution for Savings
20,000.00
$ 35,756.19
BALANCE SHEET
December 31, 1967
Municipal Retirement Fund
Annuity Savings Fund
$632,532.39
Cash and Securities
$814,800.70
Special Fund for Military Service
2,962.66
Accrued Interest on
7,537.04
Annuity Reserve Fund
127,686.14
Pension Fund
57,178.28
Expense Fund
1,978.27
$822,337.74
$822,337.74
Bonds
120
ANALYSIS OF REVENUE ACCOUNT
Budget Appropriations. $6,388,166.00
Transfer to Reduce Tax Rate. $ 650,657.00
Special Articles voted
at Town Meeting ... 141,400.00
1967 Tax Levy . 4,126,815.00
Underestimates-Previous Year:
Overlay 1962 65.00
Overlay 1964
1,454.67
County Tax.
11,465.19
State Parks & Reserv.
3,084.30
County Tax ..
144,360.41
State Parks & Reservations.
20,566.86
State Audit of Mun. Accounts.
4,028.33
State Exam.of Retirement
System ..
101.20
Motor Vehicle Excise Billing
1,884.60
Overlay 1967
150,000.00
Tax Titles Added
4,490.00
Balance to Surplus Revenue. 813,486.79
$7,684,553.35
$7,684,553.35
ANALYSIS OF RESERVE FUND
VOTE OF TOWN MEETING:
$25,000.00
TRANSFERS BY AUTHORITY OF FINANCE COMMITTEE:
4/17/67 Snow Removal - Salaries
$1,000.00
6/ 5/67
Animal Control - Expenses
453.00
6/ 5/67 West Andover Fire Station
1,009.89
6/ 5/67
Water Dept. - Expenses
2,233.05
6/ 5/67
Water Dept. - Expenses
354.75
7/24/67 Municipal Bldgs. - Expenses
500.00
8/11/67
Tree Dept. - Expenses
1,400.00
9/11/67
Town Manager - Salaries
2,000.00
9/20/67
Sewer Dept. - Expenses
3,480.80
9/20/67
Town Counsel - Special Cases
1,000.00
11/ 9/67
Elections & Registrations - Salaries
400.00
11/ 9/67
Elections & Registrations - Expenses
500.00
11/ 9/67
Industrial Development Commission
300.00
11/ 9/67
Library - Expenses
500.00
9/25/67
Town Manager - Expenses
500.00
Library - Loan
4,000.00
Central Services - Expenses
1,000.00
Fire Dept. - Expenses
400.00
Animal Control - Expenses Moderator
50.00
Damages
1,833.00
Snow Removal - Salaries
1,800.00
REFUND OF UNUSED PORTIONS OF TRANSFERS:
8,750.24
TRANSFER TO OVERLAY SURPLUS:
8,785.75
$33,750.24
$33,750.24
Estimated Receipts. 2,125,663.29 Receipts in Excess of Estimated Receipts. 577,917.32
Unexpended Appropriation
Balances. 203,500.74
250.00
121
122 89
SPECIAL FUNDS IN CUSTODY OF TREASURER
Fund
Beneficiary
Principal
Jan. 1,1967 Balance
Deposits
1967 Income
Withdrawn
Dec.31,1967 Balance
Richardson
Shawsheen School
$ 1,000.00
$ 1,687.87
$ 75.06
$ 1,762.93
Draper
School Department
1,000.00
1,621.13
72.09
1,693.22
Holt
School Department
50.00
120.08
5.35
125.43
Conroy
Punchard Prizes
250.00
317.71
13.87
$ 12.00
319.58
American Legion Punchard Prizes
200.00
220.42
9.63
8.00
222.05
V.& A. V. Lincoln Spelling Prizes
1,000.00
1,279.17
54.57
102.50
1,231.24
Emiline S.Lincoln A.V.I.S.
1,000.00
1,924.87
85.61
2,010.48
Emma J. Lincoln A. V.I.S.
300.00
1,048.09
46.61
1,094.70
Taylor
Fuel
300.00
218.09
9.70
227.79
David & Lucy Shaw
Welfare
10,000.00
11,342.42
504.42
11,846.84
Smart
Flower Fund
1,000.00
1,618.73
71.88
10.00
1,680.61
W. L. Raymond
Welfare
8,429.55
$ 33.19
375.25
992.18
7,845.81
E.F. Raymond
Cemetery & Welfare
1,302.77
1,500.00
66.36
66.36
1,500.00
Flower (21)
Spr . Grove-Principal
3,750.00
600.00
187.82
187.82
4,350.00*
Flower (20)
Spr. Grove-Interest
240.25
187.82
6.51
288.00
146.58
Allen Flower
South Church Cem.
200.00
226.04
10.05
236.09
Rafton
Science Prizes
598.50
1,033.51
76.36
1,109.87#
Farrington Flower Spr. Grove Cem.
600.00
624.43
27.09
30.00
621.52
And. Youth Tennis Tennis Courts
736.63
1,013.84
45.09
1,058.93
Perpetual Care (143)
South Church Cem.
20,617.57
1,251.44
1,122.10
20,746.91
Perpetual Care
West Parish Cem.
2,287.36
101.76
2,389.12
Perpetual Care (71)
Christ Church Cem.
7,610.00
371.00
371.00
7,610.00
Perpetual Care (6)
St. Augustine's Cem.
650.00
31.70
31.70
650.00
Perpetual Care
Spring Grove Cem.
168,018.27
3,965.25
8,299.68
8,299.68
171,983.52@
Towle-Principal
343,843.29
343,843.29
17,551.25
17,551.25
343,843.29
Towle-Avail. Inc. Aged-Disabled-
Unemp
13,353.30
17,551.25
7,950.67
22,953.88 **
Stabilization
60,085.36
25,000.00
3,478.95
88,564.31
Post War Rehab.
31,619.45
1,406.21
33,025.66
$686,300.80
$47,337.51 $34,235.31
$37,023.26
$730,850.36
Deposits in Transit:
* $200.00
# 57.76
@ 18.75
** 169.86
1
(10)
(1,202)
TAX
COLLECTOR'S RECEIPTS - 1967
TAXES
1967
Personal $ 160,981.25
Farm Animal Excise
432.00
Real Estate
3,752,247.02
Sewer - Added to Taxes
18,825.77
Water - Added to Taxes
3,542.79
Committed Interest
10,151.18
Apportioned Sewer - Pd. Adv.
9,034.81
Apportioned Water - Pd. Adv.
774.00
Committed Interest
167.85
Unapportioned Water
9,230.91
INTEREST
Personal
4.63
Demands
22.00
Farm Animal Excise
.06
Real Estate
1,033.61
Unapportioned Water
14.87
1966
Personal
5,458.20
Farm Animal Excise
157.00
Real Estate
151,493.48
Sewer - Added to Taxes
1,228.90
Water - Added to Taxes
264.08
Committed Interest
1,210.06
Water Liens
1,208.78
INTEREST
Personal
146.46
Demands
89.00
Farm Animal Excise
4.58
Real Estate
4,320.76
Demands
309.00
1965
Personal
493.00
1962
66.55
Farm Animal Excise
132.00
1961
53.15
Real Estate
9,904.86
Sewer - Added to Taxes
38.26
Committed Interest
31.44
Water Liens
112.60
INTEREST - MOTOR VEHICLE EXCISE
1967
411.45
Demands
1,751.00
1966
552.86
Demands
1,025.00
1965
82.55
Farm Animal Excise
6.00
Real Estate
544.75
Demands
51.00
1964
12.21
Demands
7.00
1963
15.60
1964
Personal
580.80
Demands
6.00
Real Estate
694.05
1962
11.88
Water Liens
35.39
Demands
2.00
1961
9.03
INTEREST
Personal
21.97
1960
.60
Demands
5.00
1959
16.38
Real Estate
35.79
Demands
11.00
Demands
3.00
MOTOR VEHICLE EXCISE
1967
572,615.03
1966
86,858.93
1965
1,647.24
1964
155.93
1963
125.40
1960
42.17
1959
82.31
INTEREST
Personal
22.95
Demands
11.00
Demands
44.00
1960
7.80
Real Estate
INTEREST
Real
state
1.90
Demands
1.00
INTEREST
2.08
Personal
1.00
Demands
.48
Real Estate
1.00
Demands
13.00
Personal
2.60
Real Estate
38.45
Water Liens
4.00
Real Estate
4.40
Committed Interest
11.24
INTEREST
Personal
14.27
Demands
333.50
Personal
55.10
Real Estate
56.10
Water-Added to Taxes
TOTAL COLLECTIONS, 1967
$4,811, 239.10
Demands
2.00
123
1963
1962
ANDOVER HOUSING AUTHORITY BALANCE SHEET - DECEMBER 31, 1967
PROJECT 200 - 1
PROJECT 667 - 1
Assets
Cash - Andover Savings Bank @42% $ 8,129.39
Cash - Andover Savings Bank @42% $ 7,184.67
Cash - Andover
Cash - Andover Savings Bank @ 5% 35,271.65 Savings Bank @ 5% 16,427.25 Cash - Administration Fund 3,014.15 $ 26,626.07
Cash - Essex Broadway Savings Bank @ 5% 2,990.16 Cash - Administration
Fund 11,226.26
Cash - Petty Cash 25.00 $ 57,642.46
Less Development
Cost Liquidation 49,000.00 456,000.00
Accounts Receivable - Tenants
201.84 Total Assets
$483,364.10
Accounts Receivable -
State Aid
1,789.56
Investments - U.S.
Treasury Bonds @3 3/4%
15,000.00
Liabilities
Investments - Debt Service Trust Fund
1,000.00
Unamortized Bond Premium
215.65
Prepaid Insurance
563.24
Development Cost 626,000.00
Less Development
Cost Liquidation 176,000.00 450,000.00
Total Assets
$526,412.75
Liabilities, Reserves & Surplus
Liabilities
Matured Interest
and Principal $ 12,888.50
Tenants' Security Deposits
1,060.00
Prepaid Rents
222.15 $ 14,170.65
Bonds Authorized
626,000.00
Less Bonds Re- tired
176,000.00 450,000.00
Reserves
Debt Service
Reserve 23,891.25
Unamortized Bond
Premium 1,215.65
Reduction of Annual
Contribution 1,750.00
Operating Reserves 26,897.39
53,754.29
Liabilities
Surplus
8,487.81
Notes Authorized
$520,000.00
Accrued Interest
on Notes 1,303.47
Contract Awards 6,300.00
Total Liabilities
$527,603.47
Prepaid Rents 198.00
Matured Interest
and Principal
232.18
Reserves
Debt Service Reserves 10,098.00
Operating
Reserves 13,926.56
24,024.56
Surplus
2,909.36
Total Liabilities, Reserves & Surplus
$483,364.10
PROJECT 667 - 2
Assets
Development Fund $ 3,369.62
Investments 509,000.00
Development Cost 8,933.85
Incomplete Con-
tracts 6,300.00
Total Assets
$527,603.47
Total Liabilities, Reserves and Surplus
$526,412.75
Prepaid Insurance
738.03
Development Cost 505,000.00
Liabilities, Reserves & Surplus
Notes Authorized $505,000.00 Less Notes Re- tired 49,000.00 $456,000.00
124
Assets
FINANCIAL REPORT OF THE TRUSTEES OF THE PUNCHARD FREE SCHOOL YEAR ENDING DECEMBER 31, 1967
PRINCIPAL FUND
Jan.1, 1967
Cash in Banks
$ 37,713.02
3,230.91
Real Estate Mortgages
4,346.18
34,930.80
Bonds at Book Value
34,930.80
-
$ 77,000.00
RESERVE FUND
Dec.31,1967
Jan.1, 1967
Interest
Balance
Received
$ 12,593.54
Cash in Banks
INCOME ACCOUNT
Payments made during year
Balance on hand - January 1, 1967
$ 1,930.52
Safe Deposit Box
25.00
Interest and Dividends Received
3,173.24
Salary-Clerk and Treasurer
250.00
$ 5,103.76
Supplies and Equipment for High School Depts.
1,728.55
Less expenditures for 1967
Balance on hand - Dec.31,1967 $ 3,089.96
Total
$ 2,013,55
SPECIAL FUNDS
Balance Jan.1,1967
Receipts
Total
Scholarship & Prize Awards
Balance Dec. 31, 1967
Goldsmith Fund
$ 365.40
$ 16.25
$ 381.65
10.00
$ 371.65
Draper Fund
1,467.75
64.43
1,532.18
75.00
1,457.18
J.W. Barnard Fund
37.33
41.21
78.54
40.00
38.54
Chapin Fund
2,312.00
101.70
2,413.70
100.00
2,313.70
H. W.& M.P.Barnard Fund
1,152.62
51.27
1,203.89
--
1,203.89
Eliz.T.Gutterson Fund
1,024.39
44.99
1,069.38
50.00
1,019.38
M. E. Gutterson Fund
347.94
15.26
363.20
10.00
353.20
Alice M. Bell Fund
1,024.08
44.98
1,069.06
50.00
1,019.06
Respectfully submitted, Harry Sellars, Treasurer
125
Total
$ 77,000.00
$ 11,997.86
$ 595.68
Dec. 1,1967
$ 38,838.29
$ 10.00
Treasurer's Bond
2,013.80
BORROWING CAPACITY OF THE TOWN
JANUARY 1, 1968
Real Estate & Personal Property:
Valuation of 1965 ( Less abatements )
Valuation of 1966 Less abatements )
Valuation of 1967 ( Less abatements )
$106,068,000. 112,781, 184. 162,821,608.
Motor Vehicles:
Valuation of 1965 Less abatements )
Valuation of 1966 ' Less abatements )
Valuation of 1967 ( Less abatements )
8,022,904. 8,791,620. 10,274,909.
Net Valuation for three(3) years, less abatements
$408,760,225.
Average Valuation for three(3) years, less abatements
Borrowing Capacity 5%
Town Debt as of December 31, 1967
$12,055,000.
Less Debt Outside Debt Limit:
Sanborn School
$ 505,000.
Senior High School
800,000.
South School
400,000. 75,000.
Accelerated Sewer
675,000.
New Senior High School
3,510,000.
Fish Brook
730,000.
Bancroft School
1,800,000.
Water Mains
250,000.
Bancroft Reservoir
600,000.
New High School Additional 1967
200,000.
New High School Additional 1966
700,000 $10,245,000
Town Debt Inside Debt Limit
Borrowing Capacity as of January 1, 1968
$ 1,810,000. $ 5,002,670.
Less Debt Inside Debt Limit Appropriations Voted but Not Bonded:
1962 Rogers Brook $ 20,000
1967 Rogers Brook 171,000.
1967 Land Acquisition, Conservation 242,500.
1967 Sewer, Industrial Park 490,000.
1967 Street, Industrial Park 285,000.
1967 Central Fire Station 2,000. $ 1,210,500.
Uncommitted Borrowing Capacity as of January 1, 1968 $ 3,792,170.
Outside Debt Limit Items Voted but Not Bonded as of January 1, 1968: 1967 Water Loan, Industrial Park $ 200,000.
NET BORROWING CAPACITY, JANUARY 1, 1968 $ 3,592,170.
126
$136,253,408. $ 6,812,670
Water
HOW ONE BECOMES A V O TER. . .
Who can vote?
A citizen of the United States, 21 years of age or more on election day, who can read and write English and has been a resident of Massachusetts for one year immediately preceding the date of the lection and a resident of his city or town for six months immediately before the date of election and is a registered voter in his city or town.
New Resident Law of 1962 ..
A citizen who fulfills all the other basic voting qualifications listed here may vote by special ballot for president and vice-president only pro- vided he has lived in Massachusetts for a minimum of 32 days before the election.
Who must register?
A citizen who has not registered be- fore, or has moved to a new city or town, changed his name through court action or marriage, or whose name was not included in the annual listing of residents on the January Ist previous to the election.
Otherwise, voters need register only once in Massachusetts
How to register ..
Appear before the local board of regis- trars of voters and prove under oath that the applicant have the necessary qualifications for voting.
Registration by mail ..
It is not provided for by law except for servicemen and all other federal employees or spouse, parent or child of a federal employee on foreign ser- vice who meet the requirements for absentee voting. If a person is unable to appear because of illness, appli- cation may be made in writing to the local registrar who will send two re- gistration officers to the applicant's place of residence.
Where to register ..
At the city or town hall or a desig- nated place in a city ward. In factories, mills, hospitals or rest homes upon petition of ten voters. City or town clerks or local boards of registrars will supply more information upon request.
When to register ..
On any business day of the year except on the twenty (20) days before city, town or special state primaries or elections, and on the thirty-two(32) days before presidential primaries, biennial state primaries and elections.
HOW ONE BECOMES A J U R O R .. . .
1. Board of Selectmen submit names of prospective jurors.
2. These names are checked against current jury list and if there are no dupli- cations, questionnaires are sent to names submitted.
3. When all questionnaires are returned, the Town Clerk's office prepares a new list.
4. Jurors are kept on the list for three years unless called for jury duty. When a name has been selected, it is automatically removed from the list. At the end of three years, new questionnaires are sent to these people. In other words, no person is entered on the jury list without first answering a questionnaire.
5. Copies of jury list are sent to Superior Court in Boston and Lawrence and to the local chief of police.
6. One list is cut up for the jury box. From this box, the Selectmen draw names of jurors after a constable brings in the request from the appropriate court.
127
ANDOVER RECREATION AREAS
ANDOVER RECREATION PARK, 175 Abbot Street - 35 acres of land and 16 acre pond - winterized lodge - swimming - picknicking - playground - ball field - sledding - outings - horseshoe courts - sanitary facilities - drinking water.
BALLARDVALE PLAYGROUND, 164 Andover Street - 12 acres of land - summer fieldhouse - lighted all-purpose court - small softball diamond - playground - sanitary facil- ities - drinking water - all weather community building located nearby.
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.