Town annual report of Chelmsford 1961, Part 7

Author:
Publication date: 1961
Publisher: Town of Chelmsford
Number of Pages: 150


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Verification notices were mailed to a number of persons whose names appeared on the books as owing money to the town. Several replies were received claiming payment of the amount in question, and


76


ANNUAL TOWN REPORT


investigation of these claims disclosed a discrepancy existing in the amount of $206.14, which sum was paid to the town by the collector prior to the completion of the audit.


It was noted that taxes, and motor vehicle and trailer excise dating back to 1955 are unpaid on the books of the collector, and it is recom- mended that prompt action be taken to effect a settlement of all the delinquent accounts.


The detailed checking required to effect a proper reconciliation of the treasurer's and the collector's accounts added materially to the time consumed in the audit.


The records of departmental cash collections by the town clerk, the board of selectmen, the sealer of weights and measures, and the inspectors of building and wiring, as well as by the police, fire, health, highway, public welfare, school, library, and cemetery departments, and by all other departments in which money was collected for the town, were examined and checked. The payments to the town treasurer were verified, and the cash on hand in the several departments was proved by actual count.


The surety bonds of the officials required by law to furnish them for the faithful performance of their duties were examined and found to be in proper form.


Appended to this report, in addition to the balance sheet, are tables showing reconciliations of the treasurer's and town clerk's cash, sum- maries of the tax, excise, tax title, tax possessions, and departmental accounts, as well as schedules showing the condition and transactions of the trust and investment funds.


For the cooperation extended by the several town officials during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation.


Respectfully submitted,


Assistant Director of Accounts.


ANNUAL TOWN REPORT


77


5.6%


All Others


9.7%


and Grants


Reimbursements


State & County


Where the Money Came From


-


TAXES 38.4%


LOANS and INTEREST 38.0%


Highway 8.1%


17.2%


Public Safety


Gen'l Gov't 3.6%


All others 2.5%


Health 1.7%


Personal Services


Charities 1.4%


SCHOOL 65.5%


6.1%


Charities


10.0%


All Other


Gen'l Gov't 1.8%


Where the Money Went


LOANS and INTEREST 35.0%


SCHOOLS 34.6%


Federal Grants 3.6%


Departmental Receipts 4.7%


Public Safety 6.3%


Highways 6.2%


78


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


1958


2*


8,800.00


8,430.07


1959


2*


8,852.00


8,639.88


1960


2*


9,730.00


9,681.09


1961


2*


10,370.00


10,206.82


*Accountant and One Clerk, augmented by Additional Clerk Hire (Part Time)


The Expenditures for the year 1961 were $5,392,122.26 of which $1,529,241.96 were for Personal Services.


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


The Town Accountant wishes to take this opportunity to thank all who have co-operated with his department in the past.


WHERE THE MONEY CAME FROM:


GENERAL REVENUE:


1961


1960


Poll Taxes


$


7,874.00


$ 7,330.00


Personal Property Taxes


207,137.21


188,676.65


Real Estate Taxes


1,732,894.98


1,420,927.25


Farm Animal Excise Taxes


373.22


454.43


Motor Vehicle Excise Taxes


330,364.20


219,575.38


Special Taxes-Estate of Deceased Persons


476.00


Total Taxes


$2,279,119.61


$1,836,963.71


From State:


Income Taxes


$ 54,673.46


$ 36,243.40


Corporation Business Taxes


65,165.08


59,159.75


School-Chapter 70


134,602.88


136,943.13


Old Age Meals Taxes


7,851.92


6,437.23


Total from State


$ 262,293.34


$ 238,783.51


Court Fines


$ 176.12


$ 93.96


Permits, Fees and Licenses


22,457.50


18,232.00


Total Fines and Permits


$ 22,633.62


$ 18,325.96


79


ANNUAL TOWN REPORT


Grants and Gifts:


County:


Dog Licenses


$ 2,296.93


$ 1,824.51


Chapter 90-Highway Funds


11,000.00


9,999.89


Total Grants & Gifts from County $ 13,296.93


$ 11,824.40


Federal Government:


Disability Assistance


$ 11,505.22


$ 10,532.46


Aid to Dependent Children


17,576.07


17,041.47


Old Age Assistance


81,545.53


95,367.95


Medical Aid to Aged


36,568.51


Under Public Law-85-864 Title 3


1,851.96


Under Public Law-85-864 Title 5


2,196.40


Under Public Law-874


56,063.27


29,642.11


Under Public Law-815


14,000.00


Total Grants & Gifts from Federal Government


$ 217,258.60


$ 156,632.35


State:


Chapter 90-Highway Funds


$ 20,500.00


$ 18,499.81


Aid to Industrial Schools


2,430.42


3,739.93


Peddlers' Fees


72.00


54.00


Reimbursement-Constr., Furnishing & Equipping New Schools


128,292.69


114,477.69


Abatement Real Estate Taxes- Paraplegic Veterans


2,102.20


1,853.10


School Aid & Transportation


96,889.45


80,836.80


Tuition & Transportation-State Wards


4,455.84


3,676.67


School Cafeteria-Reimbursement from State


41,731.71


35,165.79


Youth Service Board-Counselors


4,495.46


Total Grants & Gifts from State


$ 300,969.77


$ 258,303.79


Total Grants & Gifts


$ 531,525.30


$ 426,760.54


Departmental Receipts:


Selectmen


$ 256.25


$ 125.75


Treasurer & Collector


2,056.64


334.00


Town Clerk


2,731.35


2,701.60


Assessors


50.00


19.00


Registrars


152.50


152.00


Board of Appeals


550.00


1,130.00


Planning Board


280.00


280.00


Public Buildings


662.50


285.00


Police


382.00


211.50


Fire


2,181.90


342.00


80


ANNUAL TOWN REPORT


Building Inspection


14,388.40


4,251.00


Sealer, Weights & Measures


157.30


157.55


Wire Inspection


3,263.00


3,105.00


Gas Piping Inspection


1,155.00


Health


2,735.71


2,328.57


Highway


9,831.95


7,368.57


Dog Officer


165.00


57.00


Welfare:


General Relief-Other Cities & Towns &


Individuals


2,772.87


2,825.29


Disability Assistance from State


4,570.94


4,238.90


Aid to Dependent Children from State


14,332.62


10,673.13


Old Age Assistance from State


41,798.72


79,680.27


Old Age Assistance from Other Cities &


Towns


4,409.97


4,472.56


Old Age Assistance from Recoveries


17,815.83


12,025.78


Medical Aid to Aged


23,158.83


Veterans' Benefits from State


8,926.74


3,708.37


School:


Lunch-Cafeteria Cash from State


95,931.81


76,674.71


Tuition, Rent & Miscellaneous Receipts


6,762.24


6,606.10


Athletic Program


5,688.62


9,121.46


Library:


Adams Library


1,111.72


745.41


MacKay Library


104.96


106.46


Insurance Claims Received


91.42


Cemetery :


Sale of Lots & Graves


2,198.00


1,816.00


Interments, Labor, Materials, Use of Equipment


4,323.00


4,063.50


Annual Care


482.00


1,507.00


Reimbursement to Town for care of Lots & Graves


4,000.00


4,000.00


Miscellaneous Receipts


20.00


6.00


Total Departmental Receipts $ 279,408.37


$ 245,210.90


Municipal Indebtedness:


Temporary Loans:


Anticipation of Revenue from Taxes


$1,250,000.00


$1,500,000.00


Anticipation of Reimbursement- Chapter 90


38,100.00


31,500.00


Loan for Boston Road School:


Principal, Premium & Accrued Interest Interest:


960,084.88


Taxes


721.64


1,144.83


Deposits


6,921.60


Total from Loans & Interest


$2,255,828.12


$1,532,644.83


81


ANNUAL TOWN REPORT


Miscellaneous Receipts:


Refunds Received-Sundry Accounts $ 6,724.65


$ 5,597.67


Demands-Tax Delinquents


872.80


597.70


Warrants-Tax Delinquents


164.00


Sale of Land to State for Roads


350.00


Total Miscellaneous Receipts $ 7,761.45


$ 6,545.37


Deductions & Agency Accounts:


Withheld from Employees:


Federal Taxes


$ 204,767.65


$ 168,342.17


State Taxes


15,232.90


11,650.88


County Retirement


30,780.19


26,529.50


Blue Cross-Blue Shield-P.I.C.


12,142.56


11,050.48


Group Life Insurance


950.48


Cemetery Perpetual Care Bequests


8,859.96


4,724.96


License Fees collected for County (Dogs)


3,254.50


2,993.75


License Fees collected for State (Sporting)


675.50


Held by Treasurer for Library Trustees (Investment)


10,166.92


Tax Title Redemption-from Individuals


106.21


States Share-Sunday Entertainment


Licenses


250.00


400.00


Held by Treasurer for Cemetery Commissioners (Investment)


8,000.00


16,989.87


Miscellaneous


106.93


63.84


Cash Bonds-Held by Treasurer


2,010.25


5,000.00


Transfer from Library Trust Funds for Expenditures


1,890.17


650.00


Transfer from Stabilization Fund for


Equipment


2,575.00


Total Deductions & Agencies


$ 290,926.80


$ 259,237.87


Total Receipts


$5,929,496.61


$4,564,472.69


Cash on Hand as of January 1st


830,478.19


948,328.07


Total Receipts & Cash on Hand-


January 1st


$6,759,974.80


$5,512,800.76


WHERE THE MONEY WENT


General Government:


1961


1960


Moderator's Salary $


75.00 3,644.80


$ 75.00


Selectmen-Salaries, Expense, Outlay


3,515.64


Redevelopment Act, Workshop Conference


95.00


82


ANNUAL TOWN REPORT


Town Accountant-Salaries, Expenses,


Outlay


10,206.82


9,681.09


Treasurer-Collector-Salaries, Expenses, Outlay


16,245.51


15,068.62


Assessors-Salaries, Expenses, Outlay


24,144.40


22,565.86


Town Clerk-Salaries, Expenses, Outlay


8,963.84


6,399.30


Law-Salary, Legal Services, Expense


4,997.00


3,149.92


Elections-Wages & Expense


1,313.33


4,673.15


Registrars-Salaries & Expense


2,911.38


2,431.39


Finance Committee-Expense


25.00


54.45


Planning Board-Clerk Hire, Expense & Consultant


6,810.37


1,194.11


Board of Appeals-Clerk Hire, Expense


624.79


946.95


Personnel Board-Expense


60.75


66.50


Industrial Development Commission-


Expense


3,093.50


2,039.61


Public Bldgs. (Town Halls)-Salaries,


Expense, Outlay


13,249.42


13,127.59


Town Forest Committee-Expense


580.89


Conservation Commission-Expense


98.80


Recreation Commission


3,464.25


Total General Government


$ 100,604.85


$ 84,989.18


Public Safety:


Police Department:


Salaries


$ 114,383.68


$ 103,220.95


Expenses & Outlay


10,885.45


11,451.56


Three Cruisers Purchased


3,340.00


4,175.00


Chief's Out of State Expense


109.11


Total Police Protection


$ 128,609.13


$ 118,956.62


Fire Department:


Salaries


$ 126,846.14


$ 110,261.71


Expenses & Outlay


11,746.65


13,105.20


Station Wagon Purchased


2,575.00


Stabilization Fund-Fire Equipment


7,500.00


Total Fire Department $ 148,667.79


$ 123,366.91


Miscellaneous Protection:


Moth, Tree Warden, Dutch Elm, Mosquito, Poison Ivy, Labor & Expense


$


27,419.54


$ 24,968.95


Hydrant Service


23,300.00


18,800.00


Wire Inspection-Salary & Expense


3,298.47


3,135.36


Dog Officer-Salary & Fees (Killings)


325.00


331.00


Animal Inspector-Salary


500.00


500.00


Building Inspection-Salary, Fees & Expense


5,511.15


3,362.00


83


ANNUAL TOWN REPORT


Sealer, Weights & Measures-Salary & Expense


300.00


300.00


Gas Inspection-Salary & Expense


999.83


Civilian Defense-Expenses & Outlay


793.22


2,369.17


Total Miscellaneous Protection


$ 62,447.21


$ 53,766.48


Total Public Safety


$ 339,724.13


$ 296,090.01


Health Department:


Salaries & Expense


$


25,830.00


$ 21,857.57


Quarantine & Contagious Disease & Vaccine Treatment


1,033.78


1,224.32


Collection of Garbage


15,800.00


15,800.00


Animal Disposal Fees


624.00


564.00


Visual & Hearing Testing Program


2,854.00


1,440.00


Care of Premature Children


108.00


Outlay


186.50


Total Health Department


$ 46,249.78


$ 41,072.39


Highway Department:


Salaries & Wages


$ 124,027.99


$ 111,110.05


Gasoline & Oil


8,993.05


7,798.08


Fuel, Light & Water


2,416.09


1,952.95


Telephone & Office Expense


548.27


508.43


Street Signs


497.71


594.80


Miscellaneous Equipment & Small Tools


1,491.56


1,195.79


Construction


19,517.04


19,234.48


Road Machinery Repairs


13,435.46


12,419.11


Snow & Ice Removal


51,518.47


39,260.14


Chap. 90 Maintenance & Reconstruction


61,879.19


31,920.04


Reconstruction-Various Streets (Approved-Town Meeting)


3,782.55


6,325.04


Purchase of Road Equipment


5,390.00


19,522.00


Transportation-Superintendent & Foreman


200.00


Construction-Highway Garage


1,288.00


7,580.75


Machinery Hire


7,689.00


Middlesex Street Drainage


588.60


Total Highway Department


$ 325,009.30


$ 288,956.08


Street Lighting:


Expense of Street Lights


$


17,575.99


$ 16,880.70


Charities Department:


Salaries


$


21,891.83


$ 8,740.11


General Welfare:


State Institutions


886.94


255.34


Relief-Other Cities & Towns


3,828.82


2,613.99


Miscellaneous Expense


332.63


475.63


Highways, Bridges & Drainage-Materials


21,613.69


28,858.79


84


ANNUAL TOWN REPORT


Relief-Cash & Material Grants &


Burials


7,092.67


8,949.59


Disability Assistance


19,293.62


21,335.86


Aid to Dependent Children


40,604.04


40,623.95


Old Age Assistance & Medical Assistance to Aged


221,130.88


230,828.68


Total Charities Department


$ 314,728.80


$ 313,347.52


Veterans' Benefits Department:


Salaries & Expense


$ 1,131.24


$ 1,062.41


Cash & Material Grants


13,828.42


11,169.16


Total Veterans' Benefits Department $ 14,959.66


$ 12,231.57


School Department:


Salaries


$ 959,670.47 $ 767,546.53


Administration


6,562.07


21,964.68


Educational Supplies & Services


58,797.95


47,995.35


Fuel, Light & Water


42,760.63


35,991.70


Repairs


21,349.28


21,339.58


Janitors' & Nurses' Supplies & Expense


6,499.08


6,474.08


New & Replacement of Equipment


7,998.70


7,988.88


Playgrounds


998.12


993.35


Transportation


114,836.80


102,589.72


Superintendent's & Principals' Expense- Out of State


400.00


400.00


Vocational School Expense


5,143.15


5,148.07


Total School Expense


$1,225,016.25


$1,018,431.94


School Revolving Funds:


Cafeteria Expenses


$ 138,106.91


$ 111,304.81


Athletic Program


11,521.94


10,799.88


Public Law #85-864 Title #3


1,851.98


Public Law #85-864 Title #5


679.00


1,547.40


Public Law #874


60,590.09


15,922.24


Total School Revolving Funds $ 210,897.94


$ 141,426.31


Construction of New School Buildings


$ 431,775.79


$ 103,070.23


Total School Department


$1,867,689.98


$1,262,928.48


Library Department:


Salaries


$ 14,764.93


$ 7,609.76


Repairs & Maintenance of Buildings


676.76


602.50


Fuel, Light & Water


1,698.32


1,479.36


Books & Periodicals


6,079.77


3,636.85


Other Expense


1,645.87


1,499.76


85


ANNUAL TOWN REPORT


Outlays


3,852.95


1,219.50


Trust Fund Expenditures


1,772.79


Total Library Department $ 30,491.39


$ 16,047.73


Recreational & Unclassified Accounts: Park Department-Wages, Expense, Outlays


$ 5,492.44


$ 3,760.58


Varney Playground-Wages, Expense, Outlays


384.43


460.57


Edwards Memorial Beach-Wages, Expense & Outlays


1,127.88


1,127.54


Unpaid Bills of Previous Years


264.99


164.12


Memorial Day Expense


795.17


774.94


Town Clock-Winding & Maintenance


260.76


197.68


Insurance:


Life & Health-Employees-Town Share


14,319.95


General


33,537.07


28,537.63


Town & Finance Committee Reports


2,688.57


3,127.88


Workmen's Compensation Claims


1,144.00


1,144.00


Constable's Salary


24.00


36.00


Microfilming of Certain Town Records


25.00


25.00


Purchase of Land and/or Seizure:


Riverneck Road for Cemetery


184.80


Article #48 for Cemetery


1,500.00


Boston Road for School


22,597.04


Total Recreational & Unclassified Accounts $


84,161.30


$ 39,540.74


Cemetery Department:


Salaries


$ 5,350.00


$ 4,776.00


Special Labor for Lot Owners


430.88


299.84


Labor-General


5,598.77


5,375.48


Interments & Liners


2,922.74


2,728.16


Repairs to Equipment & Expenses


2,667.10


2,287.64


Additional Salary of Town Clerk


250.00


250.00


Supplies & Expenses of Town Clerk


48.80


50.00


Improvement Projects-Various Cemeteries


3,996.84


3,098.63


Outlays


671.70


723.40


Total Cemetery Department $ 21,936.83


$ 19,589.15


Non-Revenue Accounts:


Carbonated Beverage Permits-Due the State


$ 10.00


$


Sunday Entertainment Licenses-Due


the State


250.00 400.00


86


ANNUAL TOWN REPORT


Payroll Deductions-Federal, State Taxes-


County Retirement, Blue Cross & Life


Insurance


198,558.07


203,668.85


County Retirement, Pension Expense


25,082.76


18,698.31


Premiums for Loans


2,739.45


351.20


State & County Assessments


58,260.13


54,999.87


Dog License Fees due County


3,284.50


3,187.75


Cemetery Perpetual Care Bequest &


Interest


8,959.96


4,624.96


Tax Levy Refunds


14,943.37


14,913.87


Purification Plant-Newburyport, Mass.


70.29


25.55


Miscellaneous Refunds


95.74


31.00


Sporting License Fees due State


675.50


Library Funds held for Investment


10,166.92


Stabilization Fund-Fire Equipment


5,000.00


Performance Bonds Custody of Treasurer


4,000.00


3,580.00


Cemetery P/C Bequest Funds-Held for Investment


8,000.00


16,989.87


Accrued Interest-Boston Road School Loan


2,770.83


Treasurer-Collector-Shortage


134.81


110.60


Court Judgment-Wilkins Salary & Legal Expense


9,337.58


Employees' Pay Trusteed


139.27


Total Non-Revenue Accounts


$ 336,636.76


$ 337,424.25


Interest and Maturing Debt:


Interest-Bonded Debt


$ 111,912.17


$ 104,990.00


Interest-Anticipation of Revenue & Reimbursement Loans


12,941.32


34,085.97


Maturing Debt:


Bonded Debt


236,000.00


235,648.80


Anticipation of Revenue & Reimbursement


Loans


1,531,500.00


1,578,500.00


Total. Interest & Maturing Debt $1,892,353.49


$1,953,224.77


Total Payments for the Year


$5,392,122.26


$4,682,322.57


Cash on Hand as of December 31


1,367,852.54


830,478,19


Total Payments & Cash on Hand-


December 31


$6,759,974.80


$5,512,800.76


TOWN OF CHELMSFORD BALANCE SHEET as of May 16, 1961 REVENUE ACCOUNTS


Assets


Liabilities and Reserves


Cash:


General


$ 589,449.01


Advances for Petty :


Collector


$ 150.00


Town Collector


25.00


175.00


Reimbursement 28,500.00


$ 778,500.00


Payroll Deductions :


Federal Taxes


22,957.31


State Taxes 1,654.06


County Retirement System 3,734.13


Blue Cross, Blue Shield 370.78


28,716.28


Levy of 1955:


Real Estate


11.60


Guarantee Deposits:


Plans


5,000.00


Real Estate


13.40


Levy of 1957:


County - Dog Licenses


1,848.50


Personal Property


128.85


Real Estate


520.14


Levy of 1958: Poll


School 100.00


Personal Property


653.37


Cemetery Perpetual Care 1,875.00


1,975.00


Real Estate


1,427.50


Temporary Loans:


In anticipation of


Revenue, 1961 $ 750,000.00


In anticipation of


Collector - Cash Discrepancy __ 206.14


Accounts Receivable:


Taxes:


Levy of 1956:


Agency :


Tailings : Unclaimed Checks, Etc.


354.98


Gifts and Bequests :


12.00


Levy of 1959.


Poll


310.00


Personal Property


914.55


Real Estate


7,532.14


Levy of 1960:


Poll


342.00


Personal Property


10,578.61


Real Estate


20,050.54


Levy of 1961:


Poll


1,874.00


44,368.70


Motor Vehicle and Trailer Excise:


Levy of 1957 294.17


Levy of 1958


3,018.81


Levy of 1959


10,402.87


Levy of 1960


26,914.95


Levy of 1961


64,392.88


105,023.68


Administration 3,229.75


Assistance 29,585.77


Medical Assistance for the Aged:


Administration 139.71


Assistance


17,284.89


Education :


Public Law 85-864 131.20


Public Law 81-874


42,409.24


119,075.34


Tax Titles and Possessions :


Revolving Funds :


Tax Titles


352.86


School Lunch 11,576.43


Tax Possessions


825.83


1,178.69


School Athletics


4,667.11


16,243.54


Trust Funds - For Investment: Cemetery Perpetual Care 2,000.00


Trust and Investment Fund Income: Veterans' Emergency 236.38


Cemetery Perpetual Care 1,986.21 2,222.59


Recoveries : Old Age Assistance


1,229.55


Federal Grants :


Disability Assistance: Administration 1,287.25


Assistance


10,381.54


Aid to Dependent Children: Administration 1,267.24


Aid


13,358.75


Old Age Assistance:


Farm Animal Excise:


Levy of 1957


31.88


Levy of 1958 41.66


Levy of 1959


10.63


Levy of 1960


32.51


Levy of 1961


271.75


388.43


Departmental:


Fire


1,989.28


Dog Officer


27.00


General Relief


253.26


Disability Assistance


990.61


Aid, Dependent Children


9,895.77


Old Age Assistance


7,034.33


Medical Assistance for


the Aged


3,727.01


Veterans' Services


540.86


Cemetery


1,703.00


26,161.12


Levy of 1958 1,831.92


Levy of 1959 566.28


Levy of 1960


14,033.64


16,431.84


Aid to Highways:


State


5,289.98


County


2,644.99


7,934.97


Revenue 1961:


Appropriations Voted 2,791,093.90


Deduct:


Polls Assessed: -9,522.00


Estimated Receipts


Collected


-329,153.77


Available Funds Voted


-50,000.00 2,402,418.13


Appropriation Balances : General


1,887,280.83 812.62


Sale of Real Estate Fund


Sale of Cemetery Lots Fund


1,303.50


Receipts Reserved for Appropriations: Road Machinery 3,256.20


Reserve Fund - Overlay Surplus 1,032.60


Overlays Reserved for Abatements:


Unprovided For or Overdrawn Accounts: Underestimates 1960 Assessments: State:


Recreation Areas 1,233.98


County :


Tax


2,376.31


3,610.29


Revenue Reserved Until Collected : Motor Vehicle and Trailer Excise


105,023.68


Farm Animal Excise 388.43


Tax Title and Possession 1,178.69


Departmental


26,161.12


132,751.92


Overlay Deficits :


Levy of 1957


21.90


Levy of 1961


1,214.00


1,235.90


Reserve for Petty Cash Advances


175.00


Court Judgments


9,337.58


Surplus Revenue


197,363.32


TOTAL ASSETS


$3,197,573.61


Total Liabilities and Reserves $3,197,573.61


NON-REVENUE ACCOUNTS


Cash Loan Authorized: School Construction


$


64,447.03


950,000.00


Loan Authorized and Unissued


Appropriation Balances:


Highway Garage Construction


1,775.48


School Construction


62,671.55


$


64,447.03


950,000.00


$1,014,447.03


$1,014,447.03


Overdrawn Appropriations: Interest on Temporary Loans 1960


6,085.97


DEBT ACCOUNTS


Net Funded or Fixed Debt: Inside Debt Limit: General Outside Debt Limit: General


$ 576,000.00


2,595,000.00


Serial Loans: Inside Debt Limit: General: Fire Station $ 26,000.00 Highway Garage 70,000.00


School 480,000.00 $ 576,000.00


Outside Debt Limit: General:


School


2,595,000.00


Total Net Funded or Fixed Debt $3,171,000.00


Total Serial Loans $3,171,000.00


TRUST AND INVESTMENT ACCOUNTS


Trust and Investment Funds: Cash and Securities: In Custody of Treasurer --


$ 99,295.72


In Custody of Treasurer: Cemetery Funds : Perpetual Care $ 88,096.71


In Custody of


Improvement: Adams Emerson 268.62 Christopher Roby 119.49


Library Trustees


46,372.39


Investment Fund: Stabilization 10,810.90 $ 99,295.72


In Custody of Board of Selectmen


203.00


In Custody of Insurance


In Custody of Library Trustees: Library Funds: Amos F. Adams 11,428.15


Fund Commissioners 50,285.65


Frances Clark 521.93


In Custody of Veterans' Emergency Fund Committee


3,300.96


Clement


8,440.26


Albert H. Davis


340.41


Nathan B. Edwards


926.68


Victor E. Edwards


1,029.38


Adams Emerson


299.34


George


2,648.63


Charles W. Flint


1,902.55


MacKay


4,635.92


Mary B. Proctor


11,517.10


Selina G. Richardson


416.90


Joseph Warren


1,141.81


Cemetery Fund:


Aaron George


1,123.33


46,372.39


In Custody of Board of Selectmen: Emma Gay Varney Playground Fund


203.00


Insurance Investment Fund


50,285.65


Veterans' Emergency Fund


3,300.96


Total Trust and Investment Funds $ 199,457.72


Total Trust and Investment Funds $ 199,457.72


TOWN OF CHELMSFORD BALANCE SHEET as of DECEMBER 31, 1961 GENERAL ACCOUNTS


Assets


Liabilities and Reserves


Cash-General


$1,367,852.54


Payroll Deductions:


Federal Taxes


$ 104,823.59


$


Advance for Petty Cash:


Treasurer $ 50.00


State Taxes 8,005.13


Collector


100.00


County Retirement


5,753.75


Town Clerk


25.00


175.00


Blue Cross-Shield-P.I.C.


1,796.64


Boston Mutual Life


Insurance


2.18


120,381.29


Accounts Receivable:


Taxes :


Levy of 1955:


Real Estate ... $ 11.60


11.60


Levy of 1956:


Real Estate --- 13.40


13.40


Levy of 1957:


Personal


Property


128.85


Real Estate


520.14


648.99


Tailings:


Unclaimed Checks 354.98


Treas. & Collector-


Overage


213.74


568.72


Gifts and Bequests: School-Estate of Susan B. Macfarlin


100.00


Trust Funds:


Veterans' Emergency Fund 236.38


Performance Bonds- Custody of Treas. 3,010.25


3,246.63


Levy of 1958:


Poll Taxes


12.00


Personal


Property


567.59


Real Estate 1,341.71


1,921.30


Levy of 1959:


Poll Taxes 310.00


Personal


Property


787.80


Real Estate


6,999.14


8,096.94


Levy of 1960:


Poll Taxes 334.00


Personal


Property 10,139.26


Real Estate 8,824.21 19,297.47


Aid


13,881.10


Levy of 1961 :


Poll Taxes 480.00


Personal


Property 22,082.76


Real Estate 64.746.35


87,309.11


$


117,298.81


Estate of Deceased Persons Special Taxes 542.00


Old Age Assistance: Administration 4,502.36


Aid


45,697.53


Premium on Boston Rd. School Loan 4,574.60


Over Estimates, State & County Assessments:


State Parks & Reservations


548.66


County Tax


2,405.42


2,954.08


Recoveries:


Old Age Assistance


5,322.99


Federal Grants:


Disability Assistance:


Administration


2,054.54


Aid to Dependent Children :


Administration


3,760.77


Aid


8,081.78


Motor Vehicles & Trailer Excise Taxes:


Levy of 1957 294.17


Levy of 1958


2,707.53


Levy of 1959


8,253.96


Levy of 1960


18,716.30


Levy of 1961


48,427.11


Farm Animal Excise Taxes:


Levy of 1957


31.88


Levy of 1958


35.41


Levy of 1959


11.28


Levy of 1960


16.88


Levy of 1961


91.01


Tax Titles and Possessions :


Tax Titles


477.06


Tax Possessions


825.83


Departmental Accounts:


Fire 234.98


Public Welfare


2,505.29


Aid to Dependent Children


3,758.04


Veterans' Benefits 116.86


Cemetery


2,028.50


Cemetery P/C Bequests 340.00


Dog Officer


27.00


Medical Assistance to Aged: Administration 1,047.91


Aid


24,586.32 103,612.31


78,399.07


Revolving Funds :


School Lunch


4,164.42


School Athletics 21.94


Aid Under Public Law 815 14,000.00


Aid Under Public Law 874


14,886.71


33,073.07


186.46


Appropriation Balances: Revenue Accounts 39,579.65


Non-Revenue Accounts :


1,302.89


Elementary School Con- struction-Boston Rd. 632,806.38


Addition to North Ele- mentary School 10,112.12


Highway Garage 1,463.48


High School


23,525.14


667,907.12


9,010.67


Loans in Anticipation of Reimbursement: Chap. 90, Highway- State & County 38,100.00


Aid to Highways: State (1961)


24,900.00


County (1961)


13,200.00


38,100.00


Sale of Real Estate Fund


Sale of Lots & Graves


812.62 2,071.50


Receipts Reserved for Road Machinery Fund 9,344.20


Reserve Fund: Overlay Surplus


1,032.60


Overlays Reserved for Abatements:


Levy of 1958


1,831.92


Levy of 1959


566.28


Levy of 1960


13,859.64


Levy of 1961


5,395.50


21,653.34


Revenue Reserved Until Collected: Motor Vehicle & Trailer


Excise


78,399.07


Farm Animal Excise


186.46


Tax Titles & Possession


1,302.89


Departmental Accounts


9,010.67


Estates of Deceased Per-


sons Spec. Tax




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