Town annual report of Chelmsford 1959, Part 6

Author:
Publication date: 1959
Publisher: Town of Chelmsford
Number of Pages: 122


USA > Massachusetts > Middlesex County > Chelmsford > Town annual report of Chelmsford 1959 > Part 6


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E. In any subdivision, or adjoining subdivisions, owned by the same individual or group of individuals singly or a corporation, no less than a ratio of 20 to 1 buildings or structures deemed to look alike as defined in preceding paragraph, may be erected or constructed.


Article 9 was dismissed.


At 11:30 Mr. M. Edward Riney moved that the meeting be adjourned and it was so voted unanimously.


Vernon R. Fletcher, Moderator


Louise M. Greig, Town Clerk pro tem


AND YOU ARE DIRECTED to serve this Warrant by posting at- tested copies thereof at the Town Hall in Chelmsford Center, the Town Hall in North Chelmsford, the Fire House in West Chelmsford, the Schoolhouse in East Chelmsford, Liberty Hall in South Chelmsford and the Schoolhouse in the Westlands, seven days at least before the time appointed for holding the meeting aforesaid.


HEREOF FAIL NOT and make return of the Warrant with your doings thereon to the Town Clerk at the time and place of holding this meeting aforesaid.


GIVEN under our hands this twentieth day of June, 1959.


ROBERT F. McANDREW RAYMOND J. GREENWOOD EDGAR P. GEORGE


Selectmen of Chelmsford


57


ANNUAL TOWN REPORT


COMMONWEALTH OF MASSACHUSETTS Middlesex, ss. June 22, 1959 I have served this Warrant by posting attested copies at the Office in the Center of the Town, South Chelmsford, North Chelmsford, West Chelmsford, and at the Schoolhouse, East Chelmsford, and at the West- lands School, Westlands seven days at least before the time appointed for holding the meeting aforesaid.


Signed: RALPH J. PEDERSEN Conatable of Chelmsford


CONCORD RIVER


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CHELMSFORD MIDDLESEX COUNTY MASSACHUSETTS


COPYRIGHT 199#


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-


ANNUAL TOWN REPORT


61


6.2%


SOURCES


RECEIPTS


7.6%


GRANTS


AND


REIMBURSEMENTS


STATE 13.7%


4% Federal Grants


8.6%


HIGHWAY


Charities 1.6%


Government 4.2% General All Other 1.9%


PROTECTION OF PERSONS and PROPERTY 18.5%


PERSONAL SERVICES


63.4% SCHOOLS (Includes Lunch & Athletic)


8.5%


7.0%


Property


Protection of Persons and


HIGHWAY


CHARITIES 8.1%


3.3%


General Government


ALL OTHER 11.0%


WHERE THE MONEY WENT


LOANS and INTEREST 22.4%


SCHOOLS 39.7%


ALL OTHER


DEPARTMENTAL


LOANS and INTEREST 25.8%


WHERE THE MONEY CAME FROM


TAXES 42.7% -


Health 1.8%


62


ANNUAL TOWN REPORT


TOWN ACCOUNTANT Lewis I. Hilton


Employees


Budget


Expenditures


1931


1


$1,900.00


$1,795.67


1940


2€


2,291.69


2,186.40


1950


2*


4,260.00


4,121.51


1956


6,985.00


6,698.55


1957


2*


8,275.00


7,799.88


1958


2₺


8,800.00


8,430.07


1959


2*


8,852.00


8,639.88


*Augmented by Part-Time Additional Clerk Hire The Expenditures for the year 1959 were $3,826,075.98 of which $1,075,410.80 were for Personal Services.


All the following reports of the Town Accountant are in accordance with the provisions of Chapter 41, Section 61 of the General Laws.


The books, records and reports, in further detail, are always open to townspeople and the Town Accountant will be most pleased to assist any voter or resident in answering any questions regarding same.


The Town Accountant wishes to take this opportunity to thank all who have cooperated with his department during the year 1959. WHERE THE MONEY CAME FROM


1959


1958


General Revenue:


Poll Taxes


$ 6,858.00 $


6,842.00


Personal Property Taxes


143,854.27


127,068.87


Real Estate Taxes


1,166,212.30


1.043,606.02


Farm Animal Excise Taxes


429.41


542.64


Motor Vehicle Excise Taxes


191,507.55


213,248.84


Total Taxes


$1.508,861.53 $1,391,308.37


From State:


Income Tax


37,570.33


23,026.50


Corporation Business Tax


52,256.96


57,012.28


School - Chapter 70


130,709.76


116,509.76


Old Age Meals Tax


6,206.68


6,428.54


School Aid - Special Classes


2,993.69


2,838.50


Total From State


$ 229,737.42 $


205,815.58


Court Fines


...


101.52


36.90


Permits, Fees and Licenses


15,474.00


14,548.85


Total Fines and Permits


$ 15,575.52 $


14,585.75


63


ANNUAL TOWN REPORT


Grants & Gifts:


County :


Dog Licenses


1,829.80


2,216.64


Chapter 90 - Highway Funds


18,351.11


5,283.43


Total from County


$ 20,180.91 $


7,500.07


Federal Government:


Disability Assistance


8,495.19


8,424.92


Aid to Dependent Children


16,408.37


13,617.74


Old Age Assistance


103,203.19


92,388.14


Under Public Law - 874


15,958.38


11,802.00


Under Public Law - 85-864 - Title 3


1,872.41


None


Under Public Law - 85-864 - Title 5


1,475.75


None


Total from Federal Government $ 147,413.29 $ 126,232.80


State:


Chapter 90 - Highway Funds


35,205.03


7.809.67


Aid to Industrial Schools


3,062.95


2,700.54


State Peddlers' License Fees


54.00


54.00


School Construction, Furnishing &


Equipping Reimbursement


114,477.69


118,323.21


Real Estate Tax - Paraplegic Veterans


1,368.90


945.35


Forest Fire Relief Board


None


21.85


School Aid & Transportation


113,202.30


None


Total from State


$ 267,370.87 $


129,854.62


Tax Title Redemption


78.75


None


Departmental Receipts :


Selectmen - Advertising reimbursements,


Sale of Land by auction


445.50


140.26


Treasurer & Collector - Lien Certificates, Telephone reimbursements


366.03


354.28


Town Clerk - Certificates, Fees & Licenses


2,961.60


2,582.70


Assessors - Searching Records & Sale of Maps


52.11


72.00


Registrars - Sait. of Name Books &


Voting Lists


120.75


71.00


Board of Appeals - Hearing Fees


840.00


350.00


Planning Board - Hearing Fees & Deposits


3,807.50


35.00


Public Buildings - Rental Town Hall


240.00


373.00


Police - Gun Permits & Bicycle Plates


182.00


267.75


Fire Permits


57.50


50.50


Building Inspection - Permits


5,220.00


1,965.00


Sealer of Weights & Measures - Fees


155.75


171.50


Wire Inspection - Permits


2,276.00


921.00


64


ANNUAL TOWN REPORT


Health - T. B. Subsidy, Trailer Rental


Fees, Laboratory Rent


3,001.57


2,935.43


Highway - Mach'y Fund, Sale of Scrap,


Snow & Ice Removal, Damages to


Roads & Guard Rails


11,189.67


18,037.27


Dog Officer - Sale of Dogs


213.00


None


Welfare:


General Relief - Other Cities & Towns & Individuals


1,581.79


1,077.77


Disability Assistance - from State


5,280.92


6,957.30


Disability Assistance - Recoveries


from Individuals


602.80


None


Aid to Dependent Children - from State


10,121.14


8,321.00


Old Age Assistance - from State


80,025.74


83,898.99


Old Age Assistance - from Cities


3,369.74


3,372.77


Old Age Assistance - from Towns


685.75


535.52


Old Age Assistance - Recoveries


from Individuals


15,733.87


3,468.35


Veterans' Benefits - Reimbursement for


Aid - from State


5,611.73


5,842.59


Schools - Tuition & Transportation


State Wards


4,173.78


4,473.74


Tuition, Rent & Misc. Receipts


4,176.44


2,362.08


Lunch Program - Cash from Sales


66,295.85


56,067.57


Lunch Program - State


Reimbursement


35,010.07


21,667.14


Schools - Athletic Program -


3,784.40


6,982.28


Libraries :-


Adams - Fines, Sales of Books, Hall


723.09


691.37


Mackay - Fines


37.21


41.56


Equipt. & Police Car


17.80


407.22


Cemetery - Sale of Lots & Graves Interments, Rent of Lowering


577.00


1,058.00


Device & Greens, Labor and Materials on Special Lots


2,640.50


3,857.00


Annual Care Charges


1,604.50


1,369.50


Reimbursement to Town


4,000.00


None


Miscellaneous Receipts


2.00


84.50


Total - Departmental Receipts Municipal Indebtedness :


$ 277,185.10 $


240,862.94


High School - Principal, Premium & Accrued Interest


None


$1,757,873.06


Highway Garage - Principal Premium and Accrued Interest


80,373.86


None


Rentals


Insurance Pay'ts for damage to Highway


65


ANNUAL TOWN REPORT


Temporary Loans :


Anticipation of Revenue from Taxes


800,000.00


497,056.39


Anticipation of Reimbursement - Chap. 90


28,500.00


57,750.00


Interest :


Taxes


778.92


942.83


Deposits and Treasury Notes


22,296.34


23,321.80


Total Municipal Indebtedness & Interest


$ 931,949.12 $2,336,944.08


Refunds - Sundry Accounts


8,778.77


4,121.58


Deductions and Agency Accounts :


Withheld from Employees:


Federal Withholding Taxes


136,411.16


113,619.34


State Withholding Taxes


8,788.25


None


County Retirement


22,508.66


19,016.84


Blue Cross Blue Shield


10,203.03


7,894.31


*Cemetery Perpetual Care Bequests


3,277.99


19,620.00


License Fees Collected for State (Sporting)


2,201.50


None


License Fees Collected for County (Dog)


2,775.25


2,760.25


Held for Library Trustees (Pending Investment )


4,050.00


None


State's Share - Sun. Entertainment Lic.


200.00


400.00


Agency Account: North Chelmsford


Water District


16.00


None


Miscellaneous


None


334.69


Total Deductions & Agency Acct.


$ 190,431.84 $


163,645.43


Total Receipts


3,597,563.12


4,620,871.22


Cash on Hand as of January 1st


1,176,840.93


687,513.44


Total Receipts & Cash on Hand as


of January Ist. $4,774,404.05 $5,308,384.66 *Includes $647.99 - interest received on Securities in 1959.


WHERE THE MONEY WENT


1959


1958


General Government:


Moderator's Salary


$


75.00 $


75.00


Selectmen - Salaries, Exp. Capital Outlay


3,338.22


3,216.83


Town Acct. - Salaries, Exp., Outlay


8,639.88


8,430.07


Treasurer & Tax Collector - Salaries


Expenses, Outlay


17,858.23


14,024.56


Assessors - Salaries, Expenses, Outlay ..


19,108.61


18,000.12


Town Clerk - Salaries, Expenses, Outlay


5,569.15


2,404.56


Law - Salary, Services, Prosecution &


66


ANNUAL TOWN REPORT


Defense Suits, Expense


6,560.90


10,073.50


Elections, Wages & Expense


939.64


2,425.77


Registration - Salaries, Expenses


2,720.59


3,057.17


Finance Committee - Dues, Expenses


25.00


28.00


Planning Board - Clerk Hire, Expenses


962.51


486.97


Personnel Board - Clerk Hire & Expenses


46.81


46.60


Bd. of Appeals - Clerk Hire & Expense


1,028.75


650.90


Develop. & Indus. Comm. - Expense


11.80


217.40


Public Bldgs. (Town Halls) Salaries, Maintenance, Expense, Outlay


10,993.38


9,770.67


Land Seizure for High School


50,055.97


1,051.55


Total General Government $ 127,934.44 $


73,959.67


Protection of Persons and Property:


Police Department:


Salaries


$


91,503.22 $


71,222.03


Auto. Maint. Expenses, Outlay, Radio &


Telephone Ser., Uniforms, Gasoline


10,446.21


9,835.43


Three Cruisers Purchased


3,709.85


2,991.00


Chief's Expense Out of State


87.15


None


Total Police Protection


$ 105,746.43 $


84,048.46


Fire Department:


Salaries


$ 92,077.01 $


72,023.74


Alarm Sys. Maint., Equip., Auto., &


Radio Repairs, Maint. & Expense, Sup- plies, Building Maint.


10,072.67


11,300.01


Outlays


1,589.29


3,490.49


Purchase of Fire Truck


10,650.00


20,789.42


Total Fire Protection $ 114,388.97 $ 107,603.66


Miscellaneous Protection :


Moth, Tree Warden, Dutch Elm, Mosquito,


Poison Ivy, Labor and Expenses


$


22,397.39


21,838.76


Hydrant Service


18,800.00


18,800.00


Wire Inspec. - Labor and Expense


2,322.58


965.10


Dog Off. - Salary and Fees for Killings


341.00


525.00


Animal Inspector


500.00


500.00


Building Inspec. - Labor and Expense


1,568.75


1,576.17


Sealer of Weights & Measures - Labor & Expenses


314.43


275.00


Civil. Defense - Expense and Outlays


2,059.81


3,066.71


Total Miscellaneous Protection $ 48,303.96 $


47,546.74


Total Protection of Persons & Property $ 268,439.36 $ 239,198.86


67


ANNUAL TOWN REPORT.


Health and Sanitation:


Salaries and Expense


$ 19,904.01 $


20,044.45


Quarantine & Contagious Diseases


3,000.15


2,672.61


Vaccine Treatment


38.12


92.47


Care of Premature Children


None


504.00


Collection of Garbage


8,700.00


8,700.00


Animal Disposal Fees


430.00


376.00


Visual & Hearing Testing Program


1,080.00


1,150.00


Outlays


43.77


80.00


Total Health & Sanitation Dept. $ 33,196.05 $


33,619.53


Highway Department:


Salaries and Wages


$ 94,706.43 $


82,932.65


Gasoline & Oil


7,353.31


7,751.12


Fuel, Light & Water


973.30


611.16


Telephone & Office Expense


465.35


443.63


Miscellaneous Equip. & Small Tools


1,183.60


1,178.27


Sidewalks


2,763.25


2,719.50


Construction


19,721.32


18,915.63


Highway Garage Repairs


100.00


20.99


Snow & Ice Removal


30,053.01


39,330.06


Chap. 90, Maint. & Reconstruction


38,499.60


82,382.72


Reconstruction of Various Streets


(Approved at Town Meeting)


6,317.73


6,972.38


Purchase of Road Equipment


11,279.92


18,498.63


Transp. of Super. & Foreman


592.00


None


Committee Expense - Studying Plans & Specs. Highway Garage


None


710.38


Construction - New Highway Garage


71,736.27


2,931.50


Total Highway Dept.


$ 326,947.21


$ 307,972.63


Street Lighting


$


16,409.98 $


15,941.30


Charities Dept.


Salaries


$


17,481.98 $


12,316.67


General Welfare:


State Institutions


315.98


424.71


Court and Attorney's Fees


105.00


None


Relief - Other Cities and Towns


5,738.40


5,186.18


Relief - Cash & Mat. Grts. & Burials


10,119.27


5,609.66


Disability Assistance


17,686.27


18,237.06


Aid to Dependent Children


35,895.64


31,583.63


Old Age Assistance


222,538.44


214,338.06


Street Signs


986.24


487.89


Miscellaneous Expense


196.83


132.61


Highways, Bridges & Drainage, Materials


27,532.17


29,834.27


Road Machinery Repairs


12,486.88


12,119.24


68


ANNUAL TOWN REPORT


Old Age Assistance - Recoveries


45.00


695.00


Total Charities Dept.


$ 309,925.98 $ 288,390.97


Veterans' Benefits Dept. Salaries and Expenses


$


781.15 $


734.03


Cash & Material Grants


8,934.83


15,353.07


Total Veteran's Benefits Dept. $ 9,715.98 $


16,087.10


School Department:


Salaries


$


650,359.59 $ 544,575.03


Administration


4,740.94


4,412.99


Educational Supplies and Services


39,393.38


34,893.52


Fuel, Light and Water


33,217.74


29,504.28


Repairs


28,970.35


17,493.58


Janitors' and Nurses Supplies


5,369.45


4,597.41


New and Replacement of Equipment


8,996.23


8,993.08


Playgrounds


995.81


598.82


Transportation


86,323.20


67,713.80


Superintendent's and Principal's Expense Out of State


392.82


400.00


Vocational School Expense


6,537.70


6,341.55


Total School Expense


$ 865,297.21 $


719,524.06


School Revolving Funds:


Cafeteria Expenses


$ 99,679.44 $


83,945.15


Athletic Program


7,615.58


9,119.63


Public Law #85-864 - Title #3


1,872.39


None


Public Law #85-864 - Title #5


1,475.75


None


Public Law #874


16,618.08


None


Total School Revolving Funds


$ 127,261.24 $


93,064.78


Construction of New School Buildings


$ 536,951.86 $1,288,289.06


Total of School Department


$1,529,510.31 $2,100,877.90


Library Department:


Salaries


$ 5,693.94 $


5,450.87


Repairs & Maintenance of Bldgs.


216.75


1,102.45


Fuel, Light and Water


1,318.14


1,338.69


Books and Periodicals


2,750.38


2,671.42


Other Expense


1,279.83


1,250.91


Outlays


259.80


756.52


Total Libraries $ 11,518.84 $


12,570.86


Recreation & Unclassified Accounts:


Park Dept. - Wages, Expense, Outlays $ 3,451.31 $


3,304.61


69


ANNUAL TOWN REPORT


Varney Playground - Wages, Expense, Outlays


244.33


450.93


Edwards Memorial Beach - Wages,


Expenses, Outlays


1,109.10


1,213.37


East Chelmsford American Legion


Post Expense


None


202.02


Unpaid Bills of Previous Years


106.85


964.14


Purchase of Addressograph Machine


None


7,851.00


Microfilming Certain Town Records Exp.


None


25.00


Memorial Day Expense


691.64


729.02


Town Clock - Winding and Maintenance


213.71


226.76


Insurance


31,182.35


24,802.87


Town and Finance Committee Reports


3,739.37


3,908.08


Workman's Compensation Claims


1,144.00


1,166.00


Constable - Salary


30.00


33.00


Defense of Tax Abatement Cases


None


50.00


Payment for Atty. Joseph P. Donahue


800.00


None


Installing and Erecting School Bus Stop


& Safety Stop Signs


969.42


None


Purchase of Land from Esther P. Snow et al


3,000.00


None


Purchase of Land from Irene H. Wyman


600.00


None


Total Recreation and Unclassified


Accounts


$ 47,282.08 $


44,926.80


Cemetery Department:


Salaries


$ 4,376.00 $


4,145.00


Labor - General


4,999.19


4,798.90


Special Labor for Lot Owners


346.46


299.22


Interments & Liners


1,859.11


2,294.96


Repairs to Equipment and Expenses


2,414.23


3,139.05


Extension of Grave Lots


100.00


300.00


Salary of Town Clerk


250.00


250.00


Supplies & Expenses - Town Clerk


24.28


43.83


Improvement Projects - Various Cemeteries


5,700.84


None


Outlays


664.95


259.80


Total Cemetery Dept.


$ 20,735.06


15,530.76


Non-Revenue Accounts:


Carbonated Beverages


$ None


$ 10.00


Sunday Entertainment Licenses


200.00


400.00


Payroll Deductions - Withholding Taxes, County Retirement, Blue Cross & Blue Shield


166,711.80


107,512.15


County Retire. Pension Expense


14,531.19


12,449.11


Veterans' Emergency Fund


None


111.12


High School Loan Premium


None


4,444.14


70


ANNUAL TOWN REPORT


State & County Assessments, Parks,


County Tax, Audit Municipal Accts.


(bv State). County T.B. Sanitarian


52,5º1.23


47,602.79


Dog License Fees due County


2,580.50


2,739.75


Cemetery Perpetual Care Bequests


18,010.74


5,690.00


Treasurer & Collector's Shortage


None


205.09


Tax Levv Refunds


15,091.16


7,823.31


Purification Plant - Newburyport


(Town's Share)


42.06


33.91


Miscellaneous Refunds


16.00


6,837.03


County Sanitarian Agency Account


None


43.42


Sporting License Fees due State


2,201.50


None


Library Funds Held in Trust by Treasurer Pending Investment


4,050.00


None


Teachers Retirement Fund - State


29.25


None


Overpayments Refunded


253.76


None


Total Non-Revenue Accounts $ 276,299.19 $ 195,901.82


Interest and Maturing Debt:


Interest


$ 117,161.50 $


86,648.99


Maturing Debt - Includes Anticipation


of Rev. & Reimb. Loans


731,000.00


699,916.54


Total Interest & Maturing Debt $ 848,161.50 $ 786,565.53


Total Payments for the year


$3,826,075.98 $4,131,543.73


Cash on Hand as of December 31st


948,328.07


1,176,840.93


Total Payments for Year & Cash


on hand December 31st. $4,774,404.05 $5,308,384.66


TOWN OF CHELMSFORD Balance Sheet as of December 31, 1959 ASSETS


Cash :


General


$ 948,328.07


Advance for Petty Cash :


Treasurer $ 50.00


Collector


100.00


Town Clerk


25.00


175.00


Accounts Receivable :


Taxes :


Levy of 1957:


Personal Property 128.85


Real Estate 560.29


Levy of 1958:


Poll


12.00


ANNUAL TOWN REPORT


71


Personal Property


813.99


Real Estate


6,625.05


Levy of 1959:


Poll


356.00


Personal Property


2,334.15


Real Estate


32,461.96


43,292.29


Motor Vehicle and Trailer Excise:


Levy of 1957


294.17


Levy of 1958


3,502.03


Levy of 1959


31,045.60


34,841.80


Farm Animal Excise :


Levy of 1957


31.88


Levy of 1958


41.66


Levy of 1959


74.15


147.69


Tax Titles and Possessions:


Tax Titles


1,086.44


Tax Possessions


129.50


1,215.94


Departmental:


Fire


509.98


Public Welfare


138.44


Aid to Dep. Children


3,581.40


Veterans' Benefits


116.86


Cemetery


1,175.00


Dog Officer


27.00


5,548.68


Aid to Highways:


State


18,500.00


County


10,000.00


28,500.00


Overdrawn Accounts:


Payment for Land Seized


for High School - By


Court Order


27,957.12


County Tax - 1959


(Under Estimated)


776.94


28,734.06


Overlay Deficit:


Levy of 1957


1,095.00


TOTAL ASSETS


$1,091,878.53


72


ANNUAL TOWN REPORT


LIABILITIES AND RESERVES


Payroll Deductions:


Federal Taxes $ 38,282.00


State Taxes 2,439.71


County Retirement 2,321.49


Bl. Cross, Bl. Shield & P.I.C.


903.74 $


43,946.94


Agency :


Dog License Fees Due


the County


224.00


Tailings:


Unclaimed Checks 354.98


Treasurer and Collector


Overage 54.15


409.13


Gifts and Bequests :


School - Estate of Susan


B. MacFarlin


100.00


Trust Funds :


Veterans' Emergency Fund


236.38


Premium on Loan: Highway Garage Const. 351.20


Over-estimate on State Assessments:


St. Parks & Reservations . ..


502.47


Recoveries:


Disability Assistance


602.80


Old Age Assistance


21,860.95


22,463.75


Federal Grants:


Disability Assistance :


Administration


1,756.38


Aid


5,689.42


Aid to Dependent Children:


Administration 820.72


Aid


11,980.75


Old Age Assistance :


Administration


4,018.36


Aid


30,727.16


54,992.79


Revolving Funds :


School Lunch


4,031.06


School Athletic 533.68


School Federal Aid Under Public Law 85-864 #3 .02


School Federal Aid Under


Public Law 874


10,674.66


15,239.42


Appropriation Balances :


Revenue


11,281.80


73


ANNUAL TOWN REPORT


Non-Revenue:


North Fire Sta. Const.


.99


Center School Const.


19.96


High School Const.


213,320.55


Highway Garage Const.


10,332.23


223,673.73


Loans in Anticipation of Revenue and Reimbursement:


Revenue


300,000.00


Reimbursement - Chap. 90 from


St. and Cty. - Highways 28,500.00


328,500.00


Sale of Real Estate Fund


462.62


Sale of Lots and Graves


1,057.50


Receipts Reserved for Appropriation :


Highway Grant - Chap 718


16,073.08


Road Machinery


20,138.42


36,211.50


Reserve Fund - Overlay Surplus 1,032.60


Overlays Reserved for Abatements:


Levy of 1958


2,664.12


Levy of 1959


4,927.28


7,591.40


Revenue Reserved Until Collected:


Motor Vehicle Excise


34,841.80


Farm Animal Excise


147.69


Tax Title and Possessions


1,215.94


Departmental


5,548.68


41,754.11


Reserved for Petty Cash


175.00


Surplus Revenue (E. & D. Acct.)


301,672.19


TOTAL LIABILITIES AND RESERVES $1,091,878.53


DEBT ACCOUNTS


Net Funded or Fixed Debt:


Inside the Debt Limit:


General $ 628,000.00


Outside the Debt Limit:


General 2,905,000.00


Total Net Funded or Fixed Debt


$3,533,000.00


Serial Loans : Inside the Debt Limit :


74


ANNUAL TOWN REPORT


General:


Fire Stations $ 33,000.00


Schools 515,000.00


Highway Garage 80,000.00 $ 628,000.00




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